## **Trustees’ Annual Report for the period**
**From 01 April 2024 To 31 March 2025 Charity name: Seven Friends Foundation**
**Charity registration number: 1199444**
**Trustees Victoria Anne Wilkinson Chair Michael Keith Reynolds Ruth Freya Stone**
**Katherine Alice Jacobs**
**Nancy Alexandra Rose Allen Secretary**
**Dr Robert David Gallagher Noelani Tallulah Hall Treasurer**
**Registered office 32A Sparsholt Road LONDON**
**N19 4EL**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To advance such charitable purposes
(according to the law in England and
Wales) as the trustees see fit from time to
time, in particular but not limited to
charitable causes that lack popular support
or do not receive public attention, in
particular but not exclusively by making
grants and providing advice.|
|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|Grant making.|
|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
complied with the duty in section 4 of the
Charities Act 2011 to have due
regard to the Charity Commission's general
guidance on public benefit.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|Policy available here:
https://sevenfriends.org/|
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38||
|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|During this reporting period the Seven
Friends Foundation held two grant rounds
with an open application process and
deadlines in April and August 2024. Funds
were awarded in April and October 2024.
Deadlines, criteria and the process for
applying are featured on the Seven Friends
Foundation website
(https://sevenfriends.org/).
Seven Friends Foundation received a total
of 316 applications. The second round in
October 2024 was particularly competitive,
with 183 applications. This proved to be
very difficult for Trustees of the Seven
Friends Foundation, who are all in full time
employment, to manage and the
assessment process was extended.
The Trustees decided to award 17 grants
during the reporting period totalling
£29,930.64. The average grant size was
£1,760.63. The success rate for applicants
was approximately 5.4%.|
A note about our decision-making process: ● Applications were divided randomly between a sub-group of trustees for an initial round of scoring; ● The trustees met to discuss the applications and process before taking top scoring applications into a second stage; ● For the second stage, applications were re-allocated and where possible, applications were allocated to trustees with expertise in specific areas relating to the topic; ● A meeting was held to finalise the shortlist for each decision meeting; ● Finally, all trustees participated in two decision meetings to distribute a maximum total of £30,039. The process for each round took approximately three months from applicant deadline to funds distribution. Grants were awarded to the following charitable purposes as recognised by the Charity Commission: ● The advancement of health or saving of lives: 6 ● The relief of those in need, by reason of youth, age, ill-health, disability, financial hardship or other disadvantage: 4 ● The advancement of education: 4 ● The prevention or relief of poverty: 2 ● The advancement of citizenship or community development: 1 All successful applicants were service delivery organisations in England. Beneficiary groups varied widely, including: refugees and migrants (4), women and girls (3), people experiencing poor mental or physical health (2), survivors of domestic abuse (2), LGBTQ+ and TNBI people (2), ethnic minorities, prisoners, young people, and people experiencing homelessness.
|||Seven Friends Foundation awards grants
for both project and core costs. During this
reporting period, 65% of grants supported
project costs and 35% contributed to core
costs.|
|---|---|---|
|Plans for 2025/26||Due to the overwhelming demand and
oversubscription of applicants, Trustees
made the decision to undertake a strategic
review of the application process.
We anticipate a return to grantmaking in
2026 with a closed, invitation-only
application process. As part of this review
Trustees will decide on a figure to distribute
to successful organisations.|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The trustees’ policy on reserves is to
maintain, in general, sufficient available
reserves in cash to allow all grant
commitments.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The balance held on 31 March 2025 was
£109.16. There were no outstanding grant
payments due at the end of this period.|
|Amount of reserves held|Para 1.22|N/A|
|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 has sufficient financial
resources and reserves to fund its activities
for the foreseeable future. Accordingly, they
continue to adopt the going concern basis
in preparing the annual report and
accounts.|
## **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|Currently, all of Seven Friends Foundation’s
funds come from personal assets of the
trustees.
The trustees are responsible for ensuring
that charitable funds are properly used and
are satisfied with the provenance of the
donations and that no conditions are
attached to its expenditure. The governing
document describes the duties of trustees
in relation to benefits and payments,
conflicts of interest and decision making.|
|---|---|---|
||Para 1.46||
A description of the principal risks facing the charity Other
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document|Para 1.25|Constitution|
|How is the charity
constituted?|Para 1.25|CIO|
|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|Apart from the founding trustees, every
trustee must be appointed for a term of
three years by a resolution passed at a
properly convened meeting of the charity
trustees.
In selecting individuals for appointment as
charity trustees, the charity trustees must
have regard to the skills, knowledge and
experience needed for the effective
administration of the CIO**.**|
## **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 charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The trustees administer the day-to-day
affairs of the charity.|
|Relationship with any
related parties|Para 1.51|John Peace is a trustee’s father and
maintains the charity’s website.
He has not received financial remuneration.|
|Other|||
||||
## **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)[ Victoria Anne ] Wilkinson Position (eg Chair Secretary, Chair, etc)**
**Date 22/01/2026**
|**Seven Friends Foundation**|**1199444**|
|---|---|
|**Receipts and payments accounts**||
**CC16a**
**For the period** 1/4/2024 31/3/2025 **To from Unrestricted Endowment Restricted funds Total funds Last year funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £**
## **Section A Receipts and payments**
## **A1 Receipts**
|**A1 Receipts**|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Cash brought forward||**30,039.80**|||**0.00**|||**0.00**|||**30,039.80**|||**-**|**--**||
|||**0.00**|||**0.00**|||**0.00**|||**0.00**|||**-**|**--**||
|||**0.00**|||**0.00**|||**0.00**|||**0.00**|||**-**|**--**||
|||**0.00**|||**0.00**|||**0.00**|||**0.00**|||**-**|**--**||
|||**0.00**|||**0.00**|||**0.00**|||**0.00**|||**-**|**--**||
|||**0.00**|||**0.00**|||**0.00**|||**0.00**|||**-**|**--**||
|||**0.00**|||**0.00**|||**0.00**|||**0.00**|||**-**|**--**||
|||**0.00**|||**0.00**|||**0.00**|||**0.00**|||**-**|**--**||
|||**30,039.80**|||**0.00**|||**0.00**|||**30,039.80**|||**-**|**--**||
|**_Sub total_**_(Gross income for AR)_|||||||||||||||||
|||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**A2 Asset and investment sales,**||||||||||||||||||||
|**(see table).**||||||||||||||||||||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||||||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**||**--**||
|**_Sub total_**||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**||**--**||
|||||||||||||||||||||
|**_Total receipts_**||**30,039.80**|||**0.00**||||**0.00**||||**30,039.80**|||**-**||**--**||
|**A3 Payments**||||||||||||||||||||
|Grants||**29,930.64**||||**0.00**||||**0.00**|||**29,930.64**|||**-**|**--**|||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**|||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**|||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**|||
CCXX R1 accounts (SS)
22/01/2026
1
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**||
|**_Sub total_**||**29,930.64**||||**0.00**||||**0.00**|||**29,930.64**|||**-**|**--**||
||||||||||||||||||||
|**A4 Asset and investment**|||||||||||||||||||
|**purchases, (see table)**|||||||||||||||||||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**||||||
|||**0.00**||||**0.00**||||**0.00**|||**0.00**||||||
|**_Sub total_**||**0.00**||||**0.00**||||**0.00**|||**0.00**||||||
||||||||||||||||||||
|**_Total payments_**||**29,930.64**|||**0.00**||||**0.00**||||**29,930.64**|||**-**|**--**||
||||||||||||||||||||
|**_Net of receipts/(payments)_**||**109.16**||||**0.00**||||**0.00**|||**109.16**|||**-**|**--**||
|**A5 Transfers between funds**||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**||
|**A6 Cash funds last year end**||**0.00**||||**0.00**||||**0.00**|||**0.00**|||**-**|**--**||
|**_Cash funds this year end_**||**109.16**||||**0.00**||||**0.00**|||**109.16**|||**-**|**--**||
||||||||||||||||||||
## **Section B Statement of assets and liabilities at the end of the period**
|||||||**Unrestricted**|||**Restricted funds**||||**Endowment**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||**Categories**|**Details**|||**funds**|||||||**funds**||
|||||||**to nearest £**|||**to nearest £**||||**to nearest £**||
|**B1**|**Cash**|**funds**|Cash|||**30,039.80**|||**0.00**|||**-**|**--**||
|||||||**0.00**|||**0.00**|||**-**|**--**||
|||||||**0.00**|||**0.00**|||**-**|**--**||
||||**_Total cash funds_**|||**30,039.80**|||**0.00**|||**-**|**--**||
||||(agree balances with receipts and payments account
(s))|||Agreement Error|||OK|||OK|||
|||||||**Unrestricted**|||**Restricted funds**||||**Endowment**||
|||||||**funds**|||||||**funds**||
CCXX R2 accounts (SS)
22/01/2026
2
|**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**|**Details**|**to nearest £**|**to nearest £**|**to nearest £**|
|---|---|---|---|---|
|||**0.00**|**0.00**|**-**
**--**|
|||**0.00**|**0.00**|**-**
**--**|
|||**0.00**|**0.00**|**-**
**--**|
|||**0.00**|**0.00**|**-**
**--**|
|||**0.00**|**0.00**|**-**
**--**|
|||**0.00**|**0.00**|**-**
**--**|
|||||**Current value**
**(optional)**|
|||||**-**
**--**|
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**--**|
|||||**-**
**--**|
|||||**-**
**--**|
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|||||**Current value**
**(optional)**|
||||**-**
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CCXX R3 accounts (SS)
22/01/2026
3
|**B5 Liabilities**
Signed by one or two trustees on behalf of
all the trustees|**Details**
Signature
V. Wilkinson
N. Hal�|**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**
Print Name
VICTORIA WILKINSON
NOELANI HALL|**When due**
**(optional)**|
|---|---|---|---|
|||||
|||||
|||||
|||||
|||||
||||Date of approval|
|||VICTORIA WILKINSON|20/09/2025|
|||NOELANI HALL|20/9/2025|
CCXX R4 accounts (SS)
22/01/2026
4