4 Hillview, Deanland
Sixpenny Handley Dorset, SP5 5PG Reg Number: 1197114 www.tonyfarley.org
Trustees’ Annual Report 2024 - The Tony Farley Foundation
Year ended 31 December 2024
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), supporting them in completing their education and professional qualification in homeopathy.
The Foundation aims to:
*Provide financial assistance to students facing economic barriers to completing their training;
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Support students in achieving professional qualifications;
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Promote educational access and equal opportunity within homeopathy education.
Structure, Governance and Management
The Tony Farley Foundation is governed by its CIO constitution. Trustees are responsible for setting strategic direction, overseeing operations, and ensuring compliance with legal and regulatory obligations.
During 2024, trustees met four times to monitor grant-making, governance, and strategic development.
The trustees are aware of late filings in 2022 and 2023 and are determined to improve systems and best practice. Volunteers have been recruited to support trustees in ensuring compliance and effective administration.
Trustees during 2024
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Lyndsey Booth (appointed 28 October 2021)
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Zohar Marer (appointed 13 December 2021)
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Lisa Pascaud (appointed 1 January 2023)
Public Benefit Statement
The trustees have had regard to the Charity Commission’s guidance on public benefit. By providing financial assistance to disadvantaged students, the Foundation continues to deliver public benefit through the advancement of education.
Achievements and Performance
2024 was a year of continued growth for the Foundation. Key achievements include:
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Held four trustee meetings to monitor operations, governance, and strategic planning.
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Awarded £2,000 in grant funding on behalf of our Foundation’s first student grantee to support his continued education at CPH.
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Raised £5,243 in donations to fund grant-making and operational costs.
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Maintained low operational costs of £297, maximising funds for charitable purposes.
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Launched the Foundation’s website to increase visibility, attract new donors, and engage prospective trustees.
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Recruited volunteers to support compliance, governance, and administrative systems.
Financial Review
Income and Expenditure Summary for the Year Ended 31 December 2024:
| Item | Amount(£) |
|---|---|
| Donations received | 5,243 |
| Grantspaid | 2,000 |
| Operational costs | 297 |
| Closingbalance | 2,946 |
The trustees consider the financial position satisfactory and consistent with the Foundation’s objectives of maximising funds available for charitable purposes.
Plans for Future Periods
Looking ahead, the trustees plan to:
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Expand grant-making to support additional students.
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Implement a structured fundraising strategy to increase income.
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Recruit new trustees to strengthen governance and strategic oversight.
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Continue improving digital engagement via the Foundation’s website and online communications.
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Monitor and evaluate the impact of grants to ensure alignment with charitable objectives.
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Improve compliance and administrative systems, supported by volunteers, to ensure timely filings and adherence to best practice.
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 1197114 Receipts and payments accounts CC16a For the period 01/01/2024 31/12/2024 To from
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 5 243 - - - - - - - 5 243 N/A £0 - - - 5 243 297 2 000 - - - - - - - 2 297 N/A £0 - - - 2 297 2 946 - - 2 946 |
Restricted funds to the nearest £ - - - - - - - - - 0 - - - - - - - - - - - - - - 0 - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - 0 - - - - - - - - - - - - - - 0 - - - - - - - - |
Total funds to the nearest £ 5 243 - - - - - - - 5 243 0 - - - 5 243 297 2 000 - - - - - - - 2 297 0 - - - 2 297 2 946 |
Total funds to the nearest £ 5 243 - - - - - - - 5 243 0 - - - 5 243 297 2 000 - - - - - - - 2 297 0 - - - 2 297 2 946 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Donations | 5 243 | 1 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
5 243 | 1 | ||||
| A2 Asset and investment sales, (see table). |
N/A £0 | |||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 401 | ||||||
| Operational Costs | 297 | - | ||||
| Grants Paid Out | 2 000 | 400 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | 2 297 | 400 | ||||
| 0 | ||||||
| A4 Asset and investment purchases, (see table) |
N/A £0 | |||||
| - | - | |||||
| - | - | |||||
| Sub total Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
- | |||||
| 400 | ||||||
| 2 946 | - | - | 2 946 | 1 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 2 946 | - | - | 2 946 | 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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature ZMarer None Details Details None Remaining funds in bank after ~~expenses/outgoings~~ Details Details Total cash funds (agree balances with receipts and payments account(s)) None Details None |
Unrestricted funds Restricted funds to nearest £ to nearest £ 2 946 - - - - - 2 946 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) N/A - - - - - Fund to which asset belongs Cost (optional) N/A - - - - - - - - - Fund to which liability relates Amount due (optional) N/A - - - - - Print Name Zohar Marer |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| ZMarer | Zohar Marer | 31-Oct-25 | |
CCXX R2 accounts (SS)
2