## 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| |---|---| 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| |---|---| |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:||| |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
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whole year|Name of person (or body)
entitled to appoint trustee
(if any)| |---|---|---|---|---| ||Sam Bompas|Chair||| ||Anthony
Hanson|Treasurer||| ||Rob Jacob|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **----- Start of picture text -----**
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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 **----- Start of picture text -----**
Signature(s)
Full name(s)
Position (eg
Secretary, Chair, etc)
Date
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