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;
- Support students in achieving professional qualifications;
- 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**
- Lyndsey Booth (appointed 28 October 2021)
- Zohar Marer (appointed 13 December 2021)
- 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:
- Held four trustee meetings to monitor operations, governance, and strategic planning.
- Awarded £2,000 in grant funding on behalf of our Foundation’s first student grantee to support his continued education at CPH.
- Raised £5,243 in donations to fund grant-making and operational costs.
- Maintained low operational costs of £297, maximising funds for charitable purposes.
- Launched the Foundation’s website to increase visibility, attract new donors, and engage prospective trustees.
- 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:
- Expand grant-making to support additional students.
- Implement a structured fundraising strategy to increase income.
- Recruit new trustees to strengthen governance and strategic oversight.
- Continue improving digital engagement via the Foundation’s website and online communications.
- Monitor and evaluate the impact of grants to ensure alignment with charitable objectives.
- 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