2024-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] June 2023 to 31[st] March 2024

Charity name: The TARN Foundation

Charity registration number: 1199223

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The TARN Foundation’s purpose is: Advancement of education in the organisation and practice of trauma care for the public benefit (both nationally & internationally) including audit, research and the publication of results from such activities.
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	Between the charity’s formation in June 2022 and the end of the reporting period in March 2024 the Trustees have focussed on writing the various policies and procedures that will underpin future operations.
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 guidance issued by the Charity Commission on public benefit.

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	The main activity during the reporting period has been internally focussed with the completion of operational documents. The TARN Foundation has continued to be a member of the NCVO and we are using their guidance and templates. Trauma audit in the UK has a changed significantly and during the reporting period it became clear that TARN (the Trauma Audit and Research Network), for which the TARN Foundation was set up to provide educational support, was due to close and transfer its work to a new organisation within the English National Health System. This has meant that the Trustees decided not to raise any income during the reporting period as there was uncertainty about whether any funds raised could be used for the purposes set out in the TARN Foundation’s objects. In 2024 the future of TARN will become clear and the trustees of the TARN Foundation will be able to make decision about the future.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity has not received or spent any money.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	No reserves are being held until the future of the charity becomes clear..
Amount of reserves held	Para 1.22	The charity has no reserves
Reasons for holding zero reserves	Para 1.22	The charity is setup, but due to future uncertainty has not yet started financial operations.
Details of fund materially in deficit	Para 1.24	Not applicable.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None.

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document	Para 1.25	Incorporated association with a constitution as a governing document.
How is the charity constituted	Para 1.25	The TARN Foundation is a CIO.
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of	Para 1.25	There are no bodies entitled to appoint trustees. A policy the appointment of Trustees is in place. No further trustee

any person or body entitled to appoint one or more trustees

appointments are anticipated until the future of the charity becomes clear.

Additional information (optional) You may choose to include further statements	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 constitution of the charity says that “The charity trustees will make available to each new charity trustee, on or before his or her first appointment: (a) a copy of the current version of this constitution; and (b) a copy of the CIO’s latest Trustees’ Annual Report and statement of accounts. (c) training on the role of a charity trustee.” The Trustees have used training materials available through the NCVO website on the role and responsibilities of a Trustee.
Relationship with any related parties	Para 1.51	National Trauma Audit is in a time of transition. The charity has been in active discussion with the various interested parties determining the future of national trauma audit and research.

Reference and Administrative details

Charity name	The TARN Foundation
Other name the charity uses	Not applicable
Registered charitynumber	1199223
Charity’s principal address	Goatham Cottage, Goatham Lane, Osbaston, Warwickshire. CV13 0DR.

Names of the charity trustees who manage the charity

1 2 3 4 6	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Prof Tim Coats	Chair of Trustees	1/06/22 – 31/3/23	N/A
	Prof Fiona Lecky		1/06/22 – 31/3/23
	Mr Roy Dudley- Southern		1/06/22 – 31/3/23
	Dr DhushyKumar	Treasurer	1/06/22 – 31/3/23

– Corporate trustees names of the directors at the date the report was approved:

Director name
N/A
Name of trustees holding title to property belonging to the charity:
Trustee name	**Dates acted if not for whole year **
N/A

Funds held as custodian trustees on behalf of others

Description of the assets Nil held in this capacity Name and objects of the Not applicable – no assets are held. charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable – no assets are held. safe custody and segregation of such assets from the charity’s own assets

Name of chief executive or names of senior staff members (Optional information)

Not applicable – the Charity has no staff.

Exemptions from disclosure

Reason for non-disclosure of key personnel details

None

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
	Prof Timothy J Coats
	Secretary
	7thJanuary 2025
	7thJanuary 2025

TARN Foundation Accounts.

There has been no financial activity (no income or expenditure) during the reporting period.

TJ Coats.

TARN Foundation Chair.