## **Trustees’ Annual Report for the period** **From Period start date To Period end date** ## **Charity name:** ## **Charity registration number:** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|(i) to advance for the public benefit the
education of children and young people
(particularly, but not limited to those within the
North of England) in such ways as the trustees
think fit, including but not limited to: - making
facilities and services available to primary and
secondary schools - the promotion of e learning,
through the training of children and young
people, teachers and other associated staff in
the use of information and communication
technologies - the development of digital
educational content for use on computers -
providing computers and associated equipment
for the provision of education; (ii) provide for
the education of children and young people by
providing facilities and services to them, with
the particular aim of helping students gain
places at universities, colleges and institutions of
higher education focusing on STEM (Science,
Technology, Engineering, Maths) opportunities;
and (iii) provide financial assistance to any
school or charitable organisation having
charitable objects directed to educating or
improving the education and condition of life of
children andyoung people| |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|The Foundation has established a significant
number of funding streams with major UK
partners. The core concept is to provide funding
to disadvantaged students activities, projects or
services identified in the accounts. embarking in
STEM-based education to improve their chances
of success and broaden representation within
the STEM professional community. To this end
we “piggyback” on existing schemes which
removes many financial overheads meaning the
money we provide goes directly to those who
need it. In 2022 we established programmes
with 7 major universities across the UK to
provide fundingin the form of bursaries and| |||scholarships. We also funded the Science
Museum Group and the Princes Trust on specific
activities to promote STEM to the
underrepresented groups. More information on
the individual universities and programmes can
be found on our website,
http://roysia.foundation.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees confirm that they have referred to
the guidance contained in the Charity
Commission’s general guidance on public benefit
when reviewing the Trust’s aims and objectives
and in planning future activities and setting the
grant making policyfor theyear.| **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|Over the year we have supported over 20
individual students from
disadvantaged/underrepresented
background and enabled them to take
university education in key scientific subjects
of vital important to the successs of the UK| |---|---|---| **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|The charity ended the reporting period with cash
balances of approximately £50,000| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|All funds held in the charity are unrestricted
funds and the policy is to maintain sufficient
reserves to meet the operating needs of the
charity and to provide grants to fulfil the
charitable aims for which it was constituted.| |Amount of reserves held|Para 1.22|£50,000| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The charity is well funded to pursue its
charitable purpose and there is no uncertainty
about its ability to continue as a going concern.| **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|Trust deed| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The charity is constituted as a charitable trust
under a deed dated 8th January 2021| |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|A trustee may be appointed or discharged by a
resolution of a meeting of the Trustees,
provided that a memorandum declaring such
appointment or discharge shall be signed as a
deed, either at the meeting by the person
presiding or in some other manner directed by
the meeting and attested by two other persons
present at the meeting.| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charityname|The Roysia Foundation| |---|---| |Other name the charityuses|Roysia Foundation| |Registered charitynumber|1197438| |Charity’s principal address|The Roysia Foundation INTERNATIONAL HOUSE 64 NILE STREET
London N1 7SR| ||| ## **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 (ifany)**| |---|---|---|---|---| ||Dr Lee Harland|||| ||Dr Anna Gaulton|||| ||Rev David Chadwick|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** Dr Lee Harland Dr Anna Gaulton Rev David Chadwick 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|N/A| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|N/A| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |N/A||| |||| |||| |||| ## **Name of chief executive or names of senior staff members (Optional information)** N/A ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details N/A ## **Other optional information** N/A ## **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)** Lee Harland **Position (eg Secretary,** Chair **Chair, etc) Date** 1/2/2025 sWe￿$h￿¢t Vets￿n ofCC16A The Roysia Foundabo 1197438 Receipts and payments accounts For the period fr 02103.2023 To 01￿3120?4 CC16a Section A Receipts and payments st yur loth*n•aMSt£ t0thenMt￿É Al R8c&lpt# Dividends on InVesth￿ts £761 Iniere5ton depu5lt*r¢￿￿t £429 Sub total(Gross Income lorARJ £1.142 A2 Al￿ Inv••tm•n¢ ls•• i•W•l. Receiply Irom sale of ifjvesltnDnts £2T,•65 Sub toi81 Toi¥lrt¢￿pt1 £2•.1S7 AJ P*ymènt• £i•mD Plolt9s1￿3l Fees SVbe¢rlptl￿ll T&ephone. Inlwn•t £1.?45 £497 £7$ Sub tol•l OM1• A4 A44•t and In¥tttm•nt purch4•••, IM• la￿•) PurthdsF dlttwegtrrtFrtts £23,596 Sub tol•l Toialpaymonts £44.413 Ntrtolré¢élpis/(payments) AS Tran8f•r& l)etwMn lunds A6 Cash funds last yeAr end Cash lunds thisy•ar end 14256 £•6,474 £51318 Section 8 Statement of assets and liabilities at the end of the period Unre$tri¢ted fundfRestri¢led fvnds Endowment fund lon¢•Tesl B1 Ca8h funds £42.700.Sb £6.M6.10 Inves1￿￿1 C*1 Arcwnl Inves1n￿l fvK(wni Totsl cash fvnds £1.V1K• £51.217.76 funthReBtricted ￿n￿l End¢)wiiiertfundg tr)n•aT•St£ D•tsils DetsilB B4 Atyvt• rgtsln•d for ¢h• ¢ha 5 Llabllltle¥ SYJned by onb orthw b•hA oltjl the bijthos Sv4n*urn Prini N•m Lw Hwljno Dats ofapproval ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** > **Report to the trustees/** The Roysia Foundation **members of** > **On accounts for the year** 1[st] March 2024 **Charity no** 1197438 **ended (if any) Set out on pages** 1-2 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **01 / 03 / 2024** . **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Date:** 28[th] January 2025 **Signed: Name:** RUPERT NICHOLAS CHARLES MATTHEWS **Relevant professional** FCA CTA ATT **qualification(s) or body (if any): Address:** FOURWAYS CHARTERED ACCOUNTANTS 1a MELBOURN STREET ROYSTON, HERTS, SG8 7BP **October 2018** 1 **IER** **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER**