4 Hillview, Deanland
Sixpenny Handley Dorset, SP5 5PG Reg Number: 1197114 www.tonyfarley.org
## **Trustees’ Annual Report 2023 - The Tony Farley Foundation**
## **Year ended 31 December 2023**
## Reference and administrative details
Charity name: The Tony Farley Foundation Registered number: 1197114 (Charitable Incorporated Organisation) Date of registration: 14 December 2021 Registered office: 4 Hillview, Deanland, Sixpenny Handley, Dorset, SP5 5PG Governing document: Constitution of a CIO (Foundation model) adopted 28 October 2021
Trustees during 2023:
- Lyndsey Booth (appointed 28 October 2021)
- Zohar Marer (appointed 13 December 2021)
- Lisa Pascaud (appointed 1[st] January 2023)
## Structure, governance and management
The Tony Farley Foundation is governed by its CIO constitution. The trustees are responsible for setting strategic direction, overseeing activities, and ensuring compliance with legal and regulatory obligations. During 2023, the trustees met four times to discuss the development of the charity’s governance, policy framework, and future operational capacity.
## Objectives and activities
The charity’s object is to advance education for the public benefit through the provision of grants of financial assistance to economically disadvantaged current or prospective students of The College of Practical Homeopathy (CPH), to support them in the completion of their education and professional qualification in homeopathy.
To meet this object, the Foundation aims to:
- Provide financial assistance to students facing economic barriers to completing their training;
- Support these students in achieving professional qualifications;
- Promote educational access and equal opportunity within homeopathy education.
## Public benefit statement
The trustees have had regard to the Charity Commission’s guidance on public benefit. By offering financial assistance to disadvantaged students, the Foundation’s work continues to align with the advancement of education for public benefit.
## Achievements and performance for the year ended 31 December 2023
2023 marked the Foundation’s second full financial year since registration. The trustees focused on operational development and took steps to begin delivering its charitable purposes.
Key achievements:
- Held four trustee meetings to review and strengthen governance.
- Developed core policies and administrative procedures.
- Vetted and approved the Foundation’s first candidate for a grant.
- Made the first grant payment at the end of the year to support a fully funded postgraduate student at The College of Practical Homeopathy (CPH).
## Financial review
During the year, the Foundation received total donations of £401 and made grant payments of £400, leaving a closing balance of £1 at the year end. No other income or expenditure occurred.
**Income and Expenditure Summary for the year ended 31 December 2023:**
|**Income and Expenditure Summary for the year**|**ended 31 December 2023:**|
|---|---|
|**Item**|**Amount (£)**|
|Donations received|401|
|Grants paid|400|
|Closing balance|1|
The trustees consider the financial position satisfactory for this stage of the Foundation’s development. Future plans include maintaining modest reserves to ensure stable grant-making activity.
## Risk management
The trustees have identified and monitored key risks to the charity’s operation, including: - Governance and capacity risk, mitigated through the appointment of an additional trustee and continued development of internal policies.
- Financial risk, mitigated by maintaining straightforward and transparent accounting practices.
- Operational risk, managed through careful assessment of grant applications and policy compliance.
## Plans for future periods
In 2024 and beyond, the trustees plan to:
- Develop and implement a fundraising plan to increase available grant funds;
- Continue improving governance, transparency, and compliance with Charity Commission guidance;
- Evaluate the impact of grants awarded to ensure alignment with the charity’s objectives.
## Trustee responsibilities statement
The trustees are responsible for preparing this report and ensuring that proper accounting records are maintained in accordance with the Charities Act 2011. They confirm that they have complied with their duty to have due regard to the Charity Commission’s guidance on public benefit.
This report was approved by the trustees on 31st October 2025 and signed on their behalf by:
_________________________ Zohar Marer Trustee Date: 31st October 2025
||**The Tony Farley Foundation**|**The Tony Farley Foundation**|**The Tony Farley Foundation**|**1197114**|**1197114**|**CC16a**|
|---|---|---|---|---|---|---|
||**For the period**
**from**|01/01/2023|**To**||31/12/2023||
||||||||
|**Section A Receipts and payments**|||||||
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**401**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**401**
**None £0.00**
**-**
**-**
**None £0.00**
**401**
**400**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**400**
**None £0.00**
**-**
**-**
**None £0.00**
**400**
**401**
**None £0.00**
**None £0.00**
**1**|**Restricted**
**funds**
**to the nearest £**
**None £0.00**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**None £0.00**
**None £0.00**
**-**
**-**
**None £0.00**
**None £0.00**
**None £0.00**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**None £0.00**
**None £0.00**
**-**
**-**
**None £0.00**
**None £0.00**
**None £0.00**
**None £0.00**
**None £0.00**
**None £0.00**|**Endowment**
**funds**
**to the nearest £**
**None £0.00**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**None £0.00**
**None £0.00**
**-**
**-**
**None £0.00**
**None £0.00**
**None £0.00**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**None £0.00**
**None £0.00**
**-**
**-**
**None £0.00**
**None £0.00**
**None £0.00**
**None £0.00**
**None £0.00**
**None £0.00**||**Total funds**
**to the nearest £**
**401**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**401**
**None £0.00**
**-**
**-**
**None £0.00**
**401**
**400**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**400**
**None £0.00**
**-**
**-**
**None £0.00**
**None £0.00**
**None £0.00**
**None £0.00**
**None £0.00**
**None £0.00**|**Last year**
**to the nearest £**|
|Donations (Unrestricted)|**401**|||||**None £0.00**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**401**|||||**None £0.00**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|**None £0.00**|||||**None £0.00**|
|None|**-**||||||
||**-**|||||**-**|
|**_Sub total_**|**None £0.00**|||||**None £0.00**|
|**_Total receipts_**
**A3 Payments**|||||||
|||||||**None £0.00**|
||||||||
|Grant Payment|**400**|||||**None £0.00**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**400**|||||**None £0.00**|
||||||||
|**A4 Asset and investment**
**purchases, (see table)**|**None £0.00**|||||**None £0.00**|
||**-**||||||
||**-**||||||
|**_Sub total_ **|**None £0.00**|||||**None £0.00**|
|**_Total payments_**
**_Net of receipts_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||
|||||||**400**|
||||||||
||**401**|**None £0.00**|**None £0.00**||**None £0.00**|**401**|
||**None £0.00**|**None £0.00**|**None £0.00**||**None £0.00**|**None £0.00**|
||**None £0.00**|**None £0.00**|**None £0.00**||**None £0.00**|**None £0.00**|
||**1**|**None £0.00**|**None £0.00**||**None £0.00**|**1**|
CCXX R1 accounts (SS)
1
## **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**
N/A - None
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
N/A - None
£1 Donation (Unrestricted)
**Details**
**Details**
N/A - None
**Details**
N/A - None
Signature
#VALUE!|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**1**
**None £0.00**
**-**
**-**
**-**
**-**
**1**
**None £0.00**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**None £0.00**
**None £0.00**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**None £0.00**
**None £0.00**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**None £0.00**
**None £0.00**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**None £0.00**
**None £0.00**
**-**
**-**
**-**
**-**
Print Name
Zohar Marer|**Endowment**
**funds**
**to nearest £**
**None £0.00**
**-**
**-**
**None £0.00**
OK
**Endowment**
**funds**
**to nearest £**
**None £0.00**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**None £0.00**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**None £0.00**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
**None £0.00**
Date of
approval
231st October 202|
|---|---|---|---|
||||Date of
approval|
||#VALUE!|Zohar Marer|231st October 20|
|||||
CCXX R2 accounts (SS)
2