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2025-03-31-accounts

Trustees’ Annual Report for the period

From: Period start date 1st April 2024 To: Period end date 31[st] March 2025

Charity name: The Arundel Foundation

Charity registration number: 1197029

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The object of the CIO is to advance such
charitable purposes (according to the law of
England and Wales) as the trustees see fit
from time to time.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Provide grants and investments to
organisations we assess as furthering the
wellbeing of humanity.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees have had regard to the Charity
Commission’s guidance on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 This was the third year of the charity’s
existence.
As per previous year, initial efforts were
focused on finalising the opening of a bank
account, which was completed in May-24.
The two Trustee meetings focused on the
development of the charity’s giving strategy,
continued efforts into opening of a bank
account. The giving strategy discussions
primarily focused on further development of
the cause allocation framework. Calls were
held and emails exchanged with the
organisations we have previous and / or
subsequently given to, Raise and SCL.
Further discussions took place over email /
Whatsapp, which included the decision to
make a donation to Founders Pledge in light
of the USAID funding cuts (payment made
at the start of Apr-25 so in the following
financial year).
Raise operates a matching scheme for
student donors to the Against Malaria
Foundation. Donations to Raise from
students are equally matched by donors (or
sometimes doubled), offering the students
the opportunity to know their giving is going
even further. We agreed to further support
Raise in the coming academic year
(payment made in financial year 25-26).
SCL researches protest strategy, seeking to
determine the ultimate effectiveness of
campaigns depending on tactics
implemented by participants. It seeks to
transmit these findings to relevant groups on
various issues (eg climate). We decided to
hold off on further funding at this stage,
having provided funding in the prior year.
Operations at the CIO continue to move
slowly, despite finally opening the bank
account. We continue to be constrained by
the limited time availability of all trustees.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 Money received in the year remains in the
CIO bank account at year end.
The financial position aside from cash on
hand is one asset, the investment held with
our current sole Venture Funds manager,
Lionheart Ventures. There are no liabilities.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22
Amount of reserves held Para 1.22
Reasons for holding zero
reserves		 Para 1.22 The charity entails a very simple operation
of receiving monies gifted by James Wyatt,
and in turn using this to provide grants or
investments as the Trustee’s deem
appropriate. As such, no reserves have
been deemed necessary.
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 The charity is constituted as a CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name The Arundel Foundation
Other name the charity uses
Registered charity number 1197029
Charity’s principal address 13 Marlborough Crescent, W4 1HE

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee (if any)
James Wyatt Chair
Sanjay Joshi
Miceal Canavan
Daniel Wyatt

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date		 James Wyatt (Signed electronically)
James Wyatt

Chair
11/01/26
11/01/26
THE ARUNDEL FOUNDATION THE ARUNDEL FOUNDATION THE ARUNDEL FOUNDATION 1197029
Receipts andpayments accounts
For the period
from		 01/04/2024 To 31/03/2025

CC16a

Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
-
-
-
200
-
-
-
-
200
-
-
-
200
50
-
-
-
-
-
-
-
-
50
-
-
-
50
150
-
-
150		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
-
-
-
200
-
-
-
-
200
-
-
-
200
50
-
-
-
-
-
-
-
-
50
-
-
-
50
150		 Last year
to the nearest £
James Wyatt - Lionheart - 16,535
James Wyatt - Raise - 5,000
James Wyatt - SCL - 40,000
James Wyatt 200 -
- -
- -
- -
- -
Sub total(Gross income for
AR)		 200 61,535
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
61,535
Bank account fee 50 -
Raise - 5,000
SCL - 40,000
- -
- -
- -
- -
- -
- -
**Sub total ** 50 45,000
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
45,000
150 - - 150 16,535
- - - - -
- - - - -
150 - - 150 16,535

CCXX R1 accounts (SS)

16/01/2026

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds		 Details
Lionheart Ventures I, LP
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
CAF Bank account
Details
Signature		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
150
-
-
-
-
-
150
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
118,110
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
James Wyatt		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
James Wyatt 11/01/2025

CCXX R2 accounts (SS)

16/01/2026

2