CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 111124 To 31112124 Charlty name.. The Jennlan Foundatlon Charlty reglstratlon number: 1196180 Objectives and Actlvltles Summary of the purposes of the charity as set out in its governing document Para1.17 The objecl of the CIO is to advance such charitable purposes (according to the law of England and Wales) as the Irustees see fit from lime to time. More charities are being supported with regular grants and these regular grants were doubled towards the end of the year. Larger, projèct specific, grants have also begun. Summary of the main activities in relation to those purposes for the pu￿1¢ benefit, in particular. the activities, projects or sèNices ident¢fied in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Par8 1.17 arbj 1.10 1.16 The trustses have considered and had regard lo th8 Charity Commission's guidanc8 on public benefit and have produced a grant making policy which slates that grants will only be made lo other charities registered with thè Charity Ciynmission for England and Wales. Addltional Infomiatlon (optionall You ma choose to indude further statements where relevant about". SORP rele￿rte Pw• iae Policy on grant making 1.38 Policy on social investment including program related investment Pwa 1.38 Contribution made by volunteers Other Achievements and Perfonnance SORP rèfw The Foundation has been slowly intteasing Ihe number of supported charities. generally wilh a regular donation to support ongoing worf(. followed by more engagement with a view to supporting new, larger projects by the charity. Towards the end of the year these smaller regular grants wore doubled in value. Summary of the main achievements of the charity. identifying the difference the charsty's work has made lo thè circumstances of its beneficiari8s and any wider benefits to society as a whole. P*4 1.20 A more significant national charity. Food Cycle was id8nlifi8d for a more major regular grant. This year the major project was to support the purchase of an e-van for Florence Nighlingale Hospice. Other similar ecTrpro* are being investsgaled. Addltlonal Infonnatlon (optlonal) Ynum choose to incliide fiJrthp.r statements where relevant atK)uI'. Achievements against objeclives >el Parn 1.41 Perfomiance of fundraising activities against objectives set Pwa 1.41 Invèsiment performance against objectives P4ra 1.41 Other Financial Review Review of the charity's financial position at the end ol the pericrfj Para 121 At the end of the period the Foundation held reserves of £167,062. This increase was largely due to a £50.000 donation on the death of a famil member. A small reserve (currendy c. £1 kl needs lo be maintsined in order to cover regular monthly donations and the like. This larg8 level of reserves is being addrèssed by th8 increase in regular grants and seeking to ive more oneryoff rants. Stateff*nl explaining the policy for holding reseNes stating why they are held Para 1.22 Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the harity continuing as a going ¢oncern P8rn 1.22 £167,062 NIA Para 1.22 Pard 1.24 NIA Pwa123 NIA Additional information {optlonal) You ma hoose to include fvrther statemenls where relevant about.. The pnncipal SOLJrce of funds is exp8ct8d to be from the Irustees,&qmily and friends. No fundraising is anticipated. The charity's principal Sources of funds linduding any fundraising) Pwa 1.47 The Tnjslees have provided an inlerest-free loan to allow long term investment with the aim of producing a further source of funds for the Foundation to distribute from time-tfrtime. Invèstrnent wlicy and objectives including any social inv8stm8nl pdicy adopted Pwo 1.46 A description of Ihe principal risks facing the charity Pwa 1.46 Other Structure, Governance aud Management Description of charity's trusts.. Type of goveming document Pard 1.25 Constitution How is the charty constituted? Para 1.25 cio Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoinl one or more trustees Para 1.25 Appointed by Iruslees Addltlonal Inforniation Iopiional) You ma choose to include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Pw• 1￿1 The charity's organisational structure and any wider network with which the Llidrily works Pwa 1.51 Relalionship with any related parties Par• 1.51 Other Reference and Administrative details Chclrit name Other name the chari uses istered chari number Charity's principal address The Jennian Foundation 1196180 Orchard View. Over Croft Lane Crich Mallock DE4 SPA Names of the charity trustees who manage the charity Nam •of p•rs y) Offic• (11 any) Dat•s act•d if not for whol• yo•r •ntit Trusts• nam• to oint an Dr lan Reid chair￿reaSUrer Secretsry Dr Jennifer J Reid Dr Jeremy AR Walker Mr Robert A Reid from 10 June 2024 from 10 June 2024 Mr Luke P Reid 10 11 12 13 14 15 16 Cor orale trustees- names of Ihe directors at the dale the ortwasa roved Dir•ctor nam• Name of trustees holding title to propety belonging to the chanty Trust•• nam• Oat•s acted rf Trol lor T*hol• ••r Funds held as custodian trustees on behalf of others Description of the assets held in Ihis capacity Name and objects of the charity on whose behalf the assets are held and how this falls within th8 Custodian charrty's objects Details of arrangements for saf6 ¢ustody and segregation of such assets from the ¢haTity'S own assets Additional inforniatlon (optional) Names and addr•ss•s of advI￿r$ {Optional Infomiatlon) Type of Name Address advlser Name of Chlef •xecullv• or names of s•nlor staff memb•rs (Optlonal Informatlon) E￿mptionS from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charlty's trustees Signaturelsl Full namelsl Dr Jennifer Jane Reid Dr lan Reid Positionlsl Secretary Chairm￿asUrer Date J4.2 9 N]llN m 1111 llllll 111111 1111 11111 111111111 111111111 ## Independent Examina�on of Jennian Founda�on ## By Susan Shayler con�nues to be eligible to provide receipts and payments accounts. ## Accoun�ng records kept An Income and Expenditure Account and Balance Sheet are kept on an Excel spreadsheet. Each transac�on is dated and separately iden�fied with a descrip�on. iden�fies each cash transac�on separately. Similarly so for Asset Movement Acquisi�ons and Disposals. An explanatory note “Note on 2024 Accounts” documents the machina�ons of Metro Bank and how they are being deal with and recorded. All records are electronically held on Google Drive with secure access. No physical cash has been received or distributed. The charity has incurred negligible costs and no overheads have been charged to the accounts. Receipts/vouchers have been kept for all outgoings including dona�ons. ## Reconcilia�on to the records kept The Bank Statements reconcile to the Income and Expenditure Account. The investment account agrees to the Income and Expenditure account. Both the Income and Expenditure and Investment Account agree with the CC16a Annual Report. Format of the records kept The format of the records kept are consistent with receipts and payments accoun�ng. No accruals or prepayments have been recorded. There are no receivables or payables recorded. No physical stock is held. Having examined the accounts of the Jennian Founda�on I have no concerns to raise with the Trustees or the Charity Commission. I wish the charity well in its endeavours. Susan Shayler 21st February 2024