THE CUNNINGHAM FAIAILY FOUNDATION CHARrrY COMMIS310N REGISTERED NO. 1196113 8TATEMEKf OF ACCOUNTS for tho y•ar •nd•d 31 Octobor 2024
THE cu1)HA FAMILY FOUNDATION CHARITY INFORMATION Charlty nwnber. 1196113 R•glxtered Addr• Panthera Prrrfate Office LLP Aldemiary House 11N15 Queen Street London EC4N 1rx Tel8ph¢)nè: 02038619990 Emall: 85mon.ru88eu@panthera.co.uk Tru•te•• P.M. CunnirKJham S.J. Russell L,E, Cunningham Chalr Bankorn Metro Bank One Southampton R London WC1B SHA Ind•p•nd•nt Examln•r K.J. Maggs B.A, F.C.A. Floekm8n Way SpaldirvJ PE113HE
THE CUNNINGHAM FAMILY FOUNDATION for Iho y•ar ended 31 October 2024 The Trustees rKesent their report and ants for the year ended 31 October 2024. Governance and Management The Schemè - The Cunningham Family Foundation established by a Constitution dated 18 August 2021 as amended 18 S8Ptember 2021. The charity was registsr&J as a Charthable Incorporated Organisation wtth the Chaffty Commission. registered number 1196113 on 11 October 2021. TN8teas - The Chanty 1$ athiinistered by Trustees and their powers are determlned by th8 Constitution dated 18 SeptemLw 2021. The twstees who are also the member8 and 88rved the charity during the period ar• detaiied on Page l. New trustees are appolnted by the current trustees from people over 16 who have shown a keen interest In the work of the charty and have abilitss required on the governlng body. The board shall consist of at least three trustees and at least ona of the tnth8s must be 18 yèars of age or over. Vlhen they are indurt the trustees are presented ith a current copy of the Constitution and latest annual Teport and finan¢lal statements. Rl8k Manag•m•nt- The Tnta05 have asseswj the major rl8ks to whlch the Charlty exposed, in Particular those relatéd to the management of its investmènts and finance•, and are 88tl8fied that the 8ySt•ms in place sufficlenty manage expo8ure to trw)se rlsks. Trusts08' r•8pon81bllftle3 - The Trustees are required to prepare financial Statements for each financial period which give a true and falr view of the state of affairs of tho Chathy of Its income and expenditure for that wlod. In preparing those fThn¢ial statements. the Trust888 are requlred to.. select 8ultable a¢¢ounting policies and then apply thom ¢onslstenty: make judgements and estrmat88 that are reasonable and syudent,. 3tate vthether applicat8 accountlng standards and statements of recommended pra¢tl¢e have been lothjwed. Sub to any departures d•sclosed ar¥J explained in the financlal statements; prepa th8 finanelal 8tat•m•nts t>n thg going eone•m b4Bi8 unl•M it i• inapproprtate to prèsume that the charlty Wtm ¢ontinue in operalion. The trustees are responsible for keeplrwJ acc¢)unting recfds thlch disclose with rnasonable accuracy the financlal postbon of the charty and %%thich enable them to 8n8ure that the flnan(xal statements comFty with the CharNle8 Act 2011. Objoctlves and Athttles ObJ•ets- The general oblect of the T13 to advance such charitable purposes laccordlng to the law of England and Wales) as the trustees see fft from time to time and in particular. but nol ]imited to, the relref of those in need, by reason of youth, age, Ilkheath. disabilty, financial hardship or other disadvantage in the United Kingdom and around the ¥[J. The Trustees consider that tho obiactsves and actNitsgs of the Charty arp n accordance with the Chanty Commlsslon's general guidance on wblk benefft. Area of Benefft- This is derWd 1n the ConstiiuliDn as being throughout England and Wales and around the VrkI. Grants may be made to individuals and organisations which are ther registered Charities or Voluntary Bodies Ixrt w)ukl Me the rwluiremwts of a publlc benefrt.
THE CUNNINGHAM FAALY FOUNDATION TRUSTEES REKIRT (contlnuod) for tho year ondod 31 Octob•r 2024 Summ•ry of Maln Achlevements •nd Evwts The charity granted aid to a number of charltks and similar organisations during the pewTrod. These grants are delalled wlthin the financial ststements. A brief explanatlon of vthy these organlsa hav8 b88n supported are detailed below. Nordoff41obbln• Musk Thornpy is a ¢h8Tty rngistered in England and Wales, numbor 280960 which alms to wovkle afKI exteThJ music therapy 8ervi(s nalonwld8. They traln professlonal mu8lc therasts and transmlt music thwapy knowledge and skills through broader educational programmes. Fjing is need1 for th8m to re88arch and devalop music thernpy a8 a professional practi¢• and an academlc discipline as well as prwding the servlces day to day. The research allows thern to property examlne their practice. It huhlights opportunths that mlght otheNAsè go unnottced and helps them to train thelr students MO effectively. Ulh'mately, It gives them to develop the knowledge they need to evolv8 their approach in a way that makes it moro impactfvl for th• p•ople they support. The Nordoff Robbins approach to music thernpy does not take a fix fpmi or pursue a singl8 $ot of ouicomes. Instead. Irs a way of understanding the power possibilities of muslc maklng. thèn apFtylng that und8rntandlrvJ to the spe ngth of every cllent, famity and community. Each and every 8088lon18 based on mu8lcal partldpafjon. Thb Is always colaborative. 80metime8 one to ono. sometime8 in groups. These ¢ollabtX8tlons are led by our cllents vAth support from our Iharapl8ts. There are many ¢ondlllon$ or drcumstanc86 that ght lead to a Fxjtson of any age having difficulty findlrvj avenues lor communication. These inckth amIng dl8ablHtles, rnental heallh, autl8m, brain Inlury, dementla, IlftrNmllK)g illn688 and trauma or grief. The Llttl• Edl Foundatlon18 an E88ex based noTrprofft helping children in th8 UK. The Cunningham Family Foundation provides fundlng for specific projects of that foundat6on and also pays the 8uppllers dlrectty. The charity is registered in England and Wales. charity number 1169242. The foundatlon considers the of the most vulnerable children and famllies. The lJustees believe all children should have equal access to education and leaming development, enabling them to reach their fvll wtential and bridge the gap between ¢hlldren lfvlw in poverty arKI their wealthier friends. In order to achteve thls, they listen to the needs of our10¢81 vulnerable famlll8s and offer help where noces88ry to their chlldren into school wth whatever th8y need. The Little Edi Foundation is trA2ed in Chelmsford. Es8ex and serve mosty the local cofflmunty surrounding Melboume. Tho charity has signed a lease to a local building so that they are able to be present in Ihe heart of the project area and more avallabie for thelr beneficlary famllles. They are planning to be able to run more Fyoiects from this hub for both tho children and paronls including cookéry clas888, debt counselllng aThJ kids ckth. We have been abl8 to assist Little Edi Foundation wtlh th'r recurrent costs including the lease of a minibu5 essenlial for enabling the bclarieS to recelve suprJt. Golng forward the trustees wlsh to fund rent for new premises. h0o1 uniforms WKJ shoes for those in need and a Snifant Christmas event for Ihe beneficiaries. There 18 no fonnal commiirnent to these plans. Pag• 3
THE CUNNINGHAM FAMILY FOUNDATION TrUSTEES REPORT {conllnued) for the year onded 31 Octob&r 2024 Summary of Main Achlgvements and Ev•nts Icontlnued) Nepal Youth Foundatlon UK is another charty registered with Charty Commi&sion In England and Walos, registered number 1182261. The charity offer tKJpe and opportunity to Nepal's most disadvantsged chikjren by providing trffl vthat is every child's birth right- vitsl healthcar8, education and 8 nurturing home. Flnanclal R•vlaw Unrestricted Funds ¢urrently amount lo £-52,837, whkh is avallalAe for distribution lo worthvthlle causts suilable applKions are recelved. Grant maklng A Grant MaklTrJ pomcy has been adopted by the tharity helps guide the Trustees to such apphcations 7knich meet the charltal)1o requlrem8nts oTrJ offers the Trustees and Appllcants guidance for both grant gmng aTrJ aFWcalions Iheroof. The Trust•es alm, In pursng th obcts, Is to (ffi8trlbLrte by way of grants the whole of the Charty'8 incoming rowurces availa1e for the purpose wEthln a reasonable ts'me span after such resourcès ar recelved. The Trusteos see no need to have a rtterv88 policy as Such. Any balances avallatlo al a point in tlme arg due to the cut off and confimiatr'on ol knels avallable. Publ1¢ Bonollt The truste•8 have con8hJered the Charity Commtsskjn's gUIdan on put41c banefft and belev8 that the objects of the trust and th8 a¢tlvltth undertaken s(ryJport thls publtc benefiL The trustees conslder Ihat tho full detads of the public tvfrt have been dbplayed w6th1n the revlthv of actlvftles aivj the ftrture developry*nt ann•j. Indep•ndent Examlner A resolution to r&apwJlnt Mr K J Magg8 as Indedent examlner for ensuing year wil b• woposed at the annual general me8ttng. BY EROF E TRUST P.M. Cunnlngham Chair P&Je 4
I)EpENDENT EXAMlhER% REPORT TO THE TRUSTEES OF THE THE Cu11NGHAm FAMILY FOUNDATION I report to the trustees on my èxamination of the ac¢ourts of the Charity lor the year endod 31 October 2024, which are sèt out on pages 6 to 8. Respon8lbllltI and bui• of r•port As the charty's trustees you are responsible for the prtparatlon of the accounts In aecordance wlth the requirements of the Charities Act 2011 {Ihe Acf). I repDrt in re$F of my &Yamlnatlon of th8 charitrfs accounts ¢arried txrt under section 145 of the Act and in Coy1n9 out my examinatknn I haw foll(yAd all the applkable Dlredons given by the Charty Commission undgr secllon 145{5)(b) of the A( Ind•p•ndent examlnef• •tat•m•nt I have completed my examinalion. l confinn that no mat8rlal mattws havé come to my attention in connection wlth the examination giving me cause to bel8 that in any materlal respect.. accounlng ro¢ords were not kept in respact of tho charity as requlrod by section 130 of t Act; or 2. Ihe accounts do not accord vlth thoeo rec(d8: or I have no concern8 and havo come across no other mattffj In connactlon tho 8xamlnAtlon to whith attention should be dravm in this report In order to enable a proper understanding of the accounts to be reached. g• Chartored Accountant Spabding Dated. .6..2 P•J8 S
THE CNINGHAm FAMILY FOUNDATION STATEMENT OF FINANCIAL ACTIVITIE8 for the yèar ended 31 Octobor 2024 Unrnstrleted 2024 Funds Totsl Unrestricted Funds 2023 Total INCOME Grants and donatlon$ Gift claimed TOTAL INCOME 100,000 25.000 126,000 100,000 25,000 126,000 EXPENDITURE Charitsbl• actlvltles Grants payable- Nordoff-Robblns Muslc Therapy The Little Edl Foundation St Clare Hosplce Nepal Youth Foundalton 38.200 9.437 38,200 9.437 30.988 30.988 1,000 50.137 50.137 31,988 31.988 Support ¢o•ts Legal and professlonal fe88 Independent examlnef$ fa•8 Bank charges 1.625 715 1,625 715 1,485 695 380 1,465 695 360 2.700 52.837 2.700 62,837 2.520 2,520 34,608 90.492 TOTAL EXPENDITURE 34,608 NEf MOVEMENT IN FUNDS (51837) 1618371 90,492 Fund balances a$ at: 1 November 2023 31 Octobor 2024 51,874 142,186 89,329 89,329 142,166 The notss LY) pap 8 fom? part dthés8 accounts
THE CUNNINGHAM FAMILY FOUNDATION STATEMENT OF NEf ASSETS At 31 Octob•r 2024 2024 2023 CURRENT ASSEf8 Cash at bank CREDITORS: Amounts falllng duo wlthln on• year Accruals and deferr•d Income: Professional fees Independent examiners tse 89,329 142,166 1,725 735 1,625 715 2,460 NET CURREKf ASSErs 86.869 139,826 TOTAL NET ASSErs 88,869 139.826 INCOME FUNDS Unrestricted 86,869 86,869 139826 139 826 financial ststoments on pages 8 10 10 vArn apWol by t slgned on ir beh8 Tru8 P.M. Cunnlngham Chalr 8J.R Trustae The notes on page 8 foffli part of these accounts Page 7
THE CUNNINGHAM FAMILY FOUNDATION NOTES TO THE ACCOUNTS for the year ondad 31 October 2024 1. A¢countlng Policl•s The flnaniial statements have been prepared kn accordance wlth the exemptions applirAble under the Ststement of R44commended Practice on ACCnting by Charities and the Charities Ad 2011. The statements of finandal acte$ ha8 been prepared on a receipts and payments basis. The statement of Net Assèts shows the assets of the charity and any amounts due to or owed by the chaiity. The staternent wiu Mt indude any prowsions for liabl11t$ and ¢harge8. The trustees are of the opinion that $hould any significant mattern occur prior to the year end, they V11 be disclosed I¢hIn the not85 of the acmunts. l Tru8t••s Ramun¢ratlon. Exp•Th ind Coiitrol There have been no remuneration or expenses pald to any of the Irustees during the Current perlod. The charfty decisions are made ty the trustees a$ 8 body and are detait8d on page 1 of this report No one trustee or group of trustee3 has a dominant control. 3. Relatod Party Trnn8actlon• All donatlons have been recelved from partkn connected to thè trustees. There have been no other relatthl pty tran8a¢tioni durlng thè curr*rt 0d. Page 8