## **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