Charity number.. 1196369
Foundation Home
Unaudited report and financial statements
For the year to 31 December 2024

Foundatlon Home
Contents
For the year to 31 December 2024
Reference and administrative information
Trustees, annual report
Independent Examiner's report
Statement of financial activities (incorporating an income and expend iture account)
Balance Sheet
Notes to the financial statements

Foundatlon Home
Reference and admlnlstrarlve Informatlon
For the year to 31 December 2024
Charlry number
Country of registratlon
1196369
England & Wales
Registered offlce
and operational
address
6 Trull Farm Buildings
Trull, Tetbury
Gloucestershire, GL8 8SQ
Trustee5
Trustee5 who served during the year and up to the date of this report were
as follows..
Andrew Barnes
Retired 31st July 2024
Catherine Mccrohan Retired 31 st July 2024
Rev Niall Weir
Retired 31st July 2024
Jon Sopher
Appointed 30th July 2024
Dom Hawes
Appointed 30th July 2024
Laurent van Bekkum Appointed 30th July 2024
Bankers
CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
ME19 4TA
Unity Trust Bank
PO Box 7193
Planetary Road
Willenhall
WVI 9DG

Foundatlon Home
Trustees, annual report
For the year to 31 December 2024
The trustees present their unaudited report and the financial statements for year to 31 December
2024.
Reference and administrative information set out on page I forms part of this report. The financial
5tatement5 comply with cu rrent Statutory reqLJirement5, the charity'5 trust deed and the Statement
of Recommended Practice - Accounting and Reporting by Charitie5.' SORP applicable to charitie5
preparing their accounts in accordance with FRS 102.
Objectives and activities
Purposes and aims
The objects of the CIO are such objects and purposes in any part of the world as are exclusively
charitable in accordance with the laws of England and Wales.
The Charity has furthered its charitable objects during the year by making grants to various
charities from the Charity's income and capital.
The trustees have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the Charity's aims and objectives and in planning its
future activities. In particular, the trustees consider how planned activitie5 will contribute to the
aims and objectives that have been set.
Achievements and performance
During this financial year, the Charity continued its charitable activity and incurred minimal costs.
The Charity has received pro bono governance, administration and accounting support from The
Trust Partnership Ltd.
Financial review
Over the year to 31 sr December 2024 the foundation received income of £ 5 3,020 of which £ 3,604
(2023 £8,114) was in kind income. Grants in the year amounted to £2,500 12023 £NILI and in kind
support costs were £3.508 12023 £8,114).
Unrestricted funds at the end of the financial period were £47,040 1202 3 £1241.
Fou ndation Home acted as a corporate trustee of an almshouse, The Hopkins and Sneyd
Almshouse Charity, between 22nd March 2023 and 15th August 2024 in furtherance of its
charitable objects.
The trustees are considering the development of funding sources for the future.

Foundatlon Home
Trustees, annual report
For the year to 31 December 2024
Principal risks and uncertainties
The trustees keep u nder review the major operational and strategic risks the Charity face5 and
are satisfied that systems have been established to minimise the possible effects of such risks
on the Charity.
Reserves policy and going concern
The trustees intend to keep sufficient liquid funds in reserve to enable the Charity to meet it5
future commitments a5 well as to meet ongoing expenses connected with the administration of
the Charity. No commitment5 are entered into which are not fully covered by known incoming
resources so the trustees do not target a particular level of reserve.
Plans for the future
The Charity intends to continue to seek new donors and to develop grantmaking that will
efficiently serve the charity sector with a 'donor advised, model.
Structure, governance and management
The Charity is a charitable incorporated organisation ICIOI registered as a charity on 2 November
2021 in England and Wales.
The Charity is governed by a Constitution dated 2 November 2021 .
The Constitution provides that there shall be not less than three and not more than five trustees
appointed by the trustees.
When a new trustee is appointed, they are provided with a copy of the key docu ments and
an introduction to the work of the Charity. They are provided with the information they
need to fulfil their role as a trustee.
Apart from the first trustee5, whose terms of office are set out in the Constitution, trustees are
appointed for a term of three years.
The trustees are re5pon5ible for the overall management of the Charity, holding trustees, meetings
on at least a quarterly basis. The Charity's Constitution allow5 the trustees to meet and conduct
meetings virtually.
All trustees give their time voluntarily and receive no benefits from the Charity.

Foundatlon Home
Trustees, annual report
For the year to 31 December 2024
Statement of responsibilities of the trustees
Law applicable to charities in England and Wales requires the trustees to prepare financial
Statements for each financial year which give a true and fair view of the charity's financial activitie5
during the year and of its fi nancial position at the end of the year. In preparing financial
Statements giving a true and fair view. the trustee5 should follow best practice and..
Select suitable accounting policies and then apply them consistently
Observe the methods and principles in the Charities SORP
Make judgements and estimates that are reasonable and prudent
State whether applicable UK Accounting Standards and statements of recommended practice
have been followed, subject to any material departures disclosed and explained in the
financial statements
Prepare the financial statements on the going concern basis unless it Is inappropriate to
presume that the charity will continue in operation
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time rhe financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 201 l . They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Legislation in the United Kingdom governing the preparation and dissemination of financial
statements may d iffer from legislation in other jurisdictions.
The trustees, annual report has been approved by the trustees on 3010912025
signed on their behalf by
2025 and
jon 50pher (Sep 30, 2025 07..38..55 GMT+II
Jon Sopher
Chairman

Foundatlon Home
Independent examlner's report
For the year to 31 December 2024
Inde
endent examlner's re
ort to the trustees of Foundatlon Home
I report to the charity trustees on my examination of the accounts of Foundation Home Ithe
Fou ndationl for the twelve months to 31 st December 2024.
Res
onsibilities and basis of re
As the charity trustees of the Foundation, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 I'the Act'l.
I report in respect of my examination of the Foundation's accounts carried out under Section 145 of
the Act and in carrying out my examination I have followed all applicable Directions given by the
Charity Commissioll under Section 14515llbl of the Act.
ort
Inde
endent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Foundation as required by
Section 130 of the Act., or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements concerning the form
and content of accou nts set out in the Charities (Accounts and Reports) Regulations
2008 other than any requirement that the accounts give a true and fair view which
is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
86wr
Paul Barry Isep 29, 202)r iJf.44.34 GMF+II
Paul Barry MAAT ACCA
PAB Accounting Solutions
20 Arnolds Way
Cirencester
Gloucestershire
GL7 ITA

Foundation Home
Statement of financial activities (incorporating an income and expenditure account)
For the year to 31 December 2024
2024
Total
3023
Total
Note
Income from..
Donations and legacies
Other
52.989
31
8,314
Total income
53.020
8,314
Expenditure on..
Charitable activities
6.104
8, 190
Total expenditure
6.104
8, 190
Net movement In funds
46.916
124
Reconciliation of funds..
Total fund5 brought forward
124
Total funds carried fO￿ard
47.040
124
All of the above results are derived from continui ng activities. There were no other
recognised gains or losses other than those stated above.
All income and expenditu re is unrestricted.

Foundation Home
Balance Sheet
Charity No 1196369
For the year to 31 December 2024
2024
2023
Note
Current assets..
Cash at bank and in hand
47,040
124
47.040
124
Llabilltles:
Creditors.. amounts falling due
within one year
Net current assets
47,040
124
Toral net assets
47,040
124
The funds of the charity..
Unrestricted income funds..
General fund5
47.040
124
Total unrestricted funds
47,040
124
Total charity funds
47,040
124
Approved by the trustees on
3010912025
2025 and signed on their behalf by
jon 50phor (Sep 30, 2025 07.'38-55 GMT+ll
Trustee

Foundation Home
Notes to the financial statements
For ihe year 10 31 December 2024
Accounting policies
Statutory information
Fou ndation Home is a Charitable Incorporated Organisation registered with the Charity
Commission for England and Wales.
The registered office address is 6 Trull Farm Building, Trull, Tetbury, Gloucestershire, GL8 8SQ.
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with the Fi nancial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 1021- (Charities SORP FRS 1021, The Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102) and the Charities Act 2011
The financial statements have been prepared to give a 'true and fair, view and have departed
from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide
a 'true and fair view,. This departure ha5 involved following Accounting and Reporting by
Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 1021 rather than the Accounting and Reporting by Charities..
Statement of Recommended Practice effective from l April 2005 which has since been withdrawn.
Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting pol icy or note.
In applying the fi nancial reporting framework, the trustees have made a number of subjective
judgements, for example in respect of significant accounting estimates. Estimate5 and
judgements are continually evaluated and are based on historical experience and other factors,
including expectations of future events that are believed to be reasonable under the
circumstances. The nature of the estimation means the actual outcomes could differ from those
estimates. Any significant estimates and judgements affecting these financial statements are
detailed within the relevant accounting policy below.
Public benefit entiry
The charity meets the definition of a public benefit entity under FRS 102.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to
continue as a going concern.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting
date that have a significant risk of causing a material adjustment to the carrying amounts of
assets and liabilities within the next reporting period.

Foundation Home
Notes to the financial statements
For the year to 31 December 2024
Accounting policies (continued)
e) Income
Income is recognised when the charity has entitlement to the funds, any performance
conditions attached to the income have been met, it is probable that the income will be
received and that the amount can be measured reliably.
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is
recognised when the charity has entitlement to the funds, any performance conditions attached
to the grants have been mer, it is probable that the income will be received and the amount can
be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria
for income recognition are met.
Donailons of glfts. servlces and facllltles
Donated professional services and donated facilities are recognised as income when the charity
has control over the item or received the service, any conditions associated with the donation
have been met, the receipt of economic benefit from the use by the charity of the item is
probable and that economic benefit can be measured reliably. In accordance with rhe Charities
SORP IFRS 102), volunteer time is not recognised so refer to the trustees, annual report for
more information about their contribution.
On receipt, donated gifts, professional services and donated facilities are recognised on the
basis of the value of the gift to the charity which is the amount the charity would have been
willing to pay to obtain services or facilities of equivalent economic benefit on the open market,.
a corresponding amount is then recognised in expenditure in the period of receipt.
g) Fund accounting
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure
which meets these criteria is charged to the fund.
Unrestricted funds are donations and other incoming resources received or generated for
the charitable purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
h) Expendlture and Irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to
a third party. it is probable that settlement will be required and the amount of the obligation
can be measured reliably. Expenditure is classified under the following activity headings..
Expenditure on charitable activities includes the costs of delivering services undertaken
to
further the purposes of the charity and their associated support costs
Other expenditure represents those items not falling into any other heading
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was
incurred.

Foundation Home
Notes to the financial statements
For the year to 31 December 2024
Accounting policies (continued)
il Grants payable
Grants payable are made to third parties in furtherance of the charity's objects. Single or multi-
year grants are accounted for when either the recipient has a reasonable expectation that they
will receive a grant and the trustees have agreed to pay the grant without condition. or the
recipient has a reasonable expectation that they will receive a grant and that any condition
attaching to the grant is outside of the control of the charity.
Provision5 for grants are made when the intention to make a grant has been communicated
to the recipient but there is uncertainty about either the timing of the grant or the amount of
grant payable.
J) Allocation of support costs
Resources expended are allocated to the particular activity where the cost relates directly to
that activity. However, the cost of overall direction and administration of each activity,
comprising the salary and overhead cost5 of the central function, 15 apportioned on the
following basis which are an estimate, based on staff time, of the amount attributable to each
activity.
Governance costs are the costs a550ciated with the governance arrangements of the charity.
These costs are associated with constitutional and statutory requirements and include any costs
associated with the strategic management of the charity's activities.
kl Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
11 Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a
short maturity of three months or less from the date of acquisition or opening of the deposit
or similar account.
m) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting
from a past event that will probably result in the transfer of funds to a third party and the
amount due to Settle the obligation can be measured or estimated reliably. Creditors and
provisions are normally recognised at their settlement amount after allowing for any trade
discounts due.
n) Financial in5trumentS
The charity only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measu red at their Settlement value.

Foundation Home
Notes to the financial statements
For the year to 31 December 2024
Income from donation5
2024
Total
2023
Toral
Gifts
Gifts in kind
49,481
3,508
200
8,114
52,989
8,314
All income from donation5 is unrestricted.
Analysls of expendlture
Charitable
Activities
Governance
Support
costs
2024
Total
2023
Total
costs
Grant making
Inote 4)
Independent
examination laudit
fees
Operating Expenditure
2.500
2.500
3,508
96
3.604
8,190
3,508
6.104
8,190
Support costs
96
1961
Governance costs
(in kind)
3,508
13,508)
Total expenditure 2024
6.104
6.104
Total expenditure 2023
8, 190
8, 190
8.190
Other than in kind expend iture, there were no costs and no independent examination fees during the period.

Foundation Home
Notes to the financlal statements
For the year to 31 December 2024
4 Grant making
2024
2023
Grants to Institutions
Holy Ri pon
2,500
Total
2.500
5 Analysis of staff costs. trustee remuneration and expenses. and the cost of key management
personnel
There are no employees of Foundation Home.
The total employee benefits (including pension contributions and employer's national i nsurancel
of the key management personnel were £nil 12023.. £niO.
The charity trustees were neither paid nor received any other benefits from employment with
the charity in the current year or the prior year. No charity trustee received payment for
professional or other services supplied to the charity in the current year or prior year.
Trustees, expenses represents the payment or reimbursement of travel and subsistence cost5
totalling £nil 12023.- £niO.
6 Related party transactions
There were no related party transactions during the period under review.
Aggregate donations from related parties were £24.82 8 1202 3 £nill.
There are no donations from related parties which are outside the normal course of
business and no restricted donations from related parties.

Foundation Home
Notes to the financlal statements
For the year to 31 December 2024
7 Taxatlon
The charity is exempt from corporation tax as all its income is charitable and is applied for
charitable purposes.
8 Creditors.. amounts falling due within one year
2024
2023
Other creditors