Trustees’ Annual Report for the period
From Period start date To Period end date
Charity name: BMOF CHARITABLE TRUST.
Charity registration number: 1200686
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the CIO are for the advancement of education for the public benefit in the history, evolution, science, art and culture of food by the operation of a public museum. |
| 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 | During the reporting period, the charity was in the implementation phase and focused on setting the foundational elements needed to achieve its charitable objectives. Although there was no financial activity within the reporting period, significant efforts were made to progress toward securing a suitable venue to operate the charity's services. This venue will serve as the primary location for the charity's activities These preparatory activities are crucial to establishing the infrastructure needed to effectively deliver services to the public in alignment with the charity’s purposes. The efforts undertaken during this phase are designed to ensure that, once operational, the charity will provide meaningful benefit to its intended beneficiaries. We anticipate that once the venue is secured, we will be able to formally commence our services and fully realise our charitable objectives in the coming year. |
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | As trustees ofBMOF CHARITABLE TRUST, we confirm that we have adhered to the guidance as issued by the Charity Commission on public benefit. |
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 During this reporting period, the charity has focused on establishing the groundwork required to fulfil its objectives, with key achievements centred on strategic planning and preparatory activities. While the charity has not yet commenced full operations or direct service provision, important milestones have been reached in preparation for future impact. These include: · Venue Research and Planning:Significant time and resources have been invested in identifying a suitable venue that will enable the charity to deliver its services to the community. This is a critical step in ensuring that the charity can provide a stable and accessible location for beneficiaries to access support and resources. · Building Partnerships: Preliminary discussions have been held with potential partners and stakeholders in the community, laying the foundation for future collaboration that will strengthen the charity’s ability to serve its beneficiaries. Although the charity has not yet begun delivering services, these early achievements represent essential steps toward making a lasting difference. Once operational,the charitywillprovide |
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exhibitions and events aligned with the purpose of the charity.
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
| Review of the charity’s financial position at the end of the period Para 1.21 At the end of the reporting period, the charity's financial position remains stable, with no significant financial activity recorded. This reflects the fact that the charity is still in its implementation phase and has not yet commenced full operations, including fundraising or service delivery. As such, there are no major expenditures or income to report for this period. The charity is maintaining a cautious approach to financial management during this phase, focusing on laying the groundwork for future activities. This includes identifying a suitable venue and planning for the operational costs that will arise once the charity is fully functional. The absence of financial transactions during the period aligns with the charity’s current stage of development. Going forward, the charity intends to initiate fundraising efforts and secure necessary resources to support its core objectives and future activities. In summary, the charity remains in a sound financial position with no liabilities or obligations at this time, and is well-placed to move into its next phase of development as soon as the necessary operational elements are in place. Statement explaining the policy for holding reserves statingwhytheyare held Para 1.22 N/A Amount of reserves held Para 1.22 N/A |
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|---|---|
| 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 | No uncertainties |
| Additional information (optional) You maychoose to include further statements where relevant about: |
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| 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 | BMOF CIO Constitution |
|---|---|---|
| How is the charity constituted? (e.g unincorporated association,CIO) |
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 first Trustees, every Trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the Trustees. In selecting individuals for appointment as Trustees, the 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 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charityname | BMOF Charitable Trust |
|---|---|
| Other name the charityuses | |
| Registered charitynumber | 1200686 |
| Charity’s principal address | 8 Glasshouse Yard, London, EC1A 4JN |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Sam Bompas | Chair | |||
| Anthony Hanson |
Treasurer | |||
| Rob Jacob | ||||
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Corporate trustees – names of the directors at the date the report was approved
Director name
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
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
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Signature(s)
Full name(s)
Position (eg
Secretary, Chair, etc)
Date
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