CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110712023 Period start date To 3010612024 Period end date Charity name: BMOF CHARITABLE TRUST. Charity registration number: 1200686 Objectives and Activities SORP reference Summary ofthe 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 operalion of a public museum.
CHARITY COMMISSION FOR ENGLAND AND WALES 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 1.178Th81.19 During the reporting period, the charity has continued its foundational work, with particular focus on securing a suitable venue for ils operations. Although financial activity has remained inactive during this period, we have made significant strides in negotiating potential venues and establishing relationships with stakeholders. Although no venue has yet been finalised. we are in advanced negotiations, and we remain optimistic about securing a venue in the near future. This venue will serve as the primary location for our exhibitions and educational programs, fulfilling our charity's mission of advancing public understanding of the history and culture of food. We anticipate that once the venue is confirmed. we will formally launch our services and begin delivering ihe full scope of our activities. These preparatory activities are crucial to establishing the infrastructure needed to effectively deliver seIS 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. Statement confirming whether the trustees have had regard to the guidan issued by the Charity Commission on public benefit Para 1.18 As Irustees of BMOF CHARITABLE TRUST. we confirm that we have adhered lo the guidance as issued by the Charity Commission on public benefit. Additional information (optionall You may choose to include further statements where relevant about.. SORP r&ference
CHARITY COMMISSION FOR ENGLAND AND WALES Pard 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Par4 1.38 Contribution made by volunteers Other Achievements and Performance SORP reference
CHARITY COMMISSION FOR ENGLAND AND WALES During this reporting period, the charity has continued to focus on its strategic development and operational planning. Key activities have included.. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of ils beneficiaries and any wider benefits to society as a whole. Para 1.20 Venue Negotiations: We have made significant progress in discussions with potential venue partners. While these discussions are ongoing, we are in the process of negotiating terms for a suitable venue that will allow us to deliver our exhibitions and educational programs to the public. We have been careful to assess all options to ensure the venue aligns wilh our long-term goals. Partnership Development: Preliminary discussions with potential community partners have been ongoing. These relationships are crucial for the charity's future success, and we have worked to ensure that future collaborations will strengthen our ability to meet our charitable objectives. These achievements lay the groundwork for future impact, and we look forward to the upcoming year, during which we expect to move forward with the venue confirmation and the subsequent commencement of our charitable activities. Additional information (optionall You may choose to include further statemenls where relevant about..
CHARITY COMMISSION FOR ENGLAND AND WALES Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performan against objectives Para 1.41 Other Financial Review
CHARITY COMMISSION FOR ENGLAND AND WALES Review of the charity's financial position at the end of the period Para 1.21 As of the end of the reporting period, the charity remains in a stable financial position, with no significant financial transactions recorded. This is in line with the charity's ongoing development phase, as we have not yet begun full operations or fundraising activities. We are maintaining a cautious approach to financial management while we finalise the venue and establish our operational infrastructure. Once the venue is secured, we anticipate the beginning of fundraising and grant applications to support our core objectives and operational costs. The charity is well-positioned to transition to the next phase of its development once the necessary operational elements are in place. The charity's activities have been largely preparatory during this period, as we focus on securing a venue and establishing foundational partnerships. Although there have been no financial transactions to report, these activities are essential for setting up the charity's future operations. We remain optimistic that we will be able to confirm a venue soon and begin delivering our educational and cultural services to the public in the upcoming period. Statement explaining the policy for holding reserves stating why they are held Amount of reserves held Reasons for holding zero reseNes Para 1.22 NIA Para 1.22 NIA NIA Para 1.22
CHARITY COMMISSION FOR ENGLAND AND WALES Details of fund materially in deficil Explanation of any uncertainties about the charity continuing as a going concern Para 1.24 NIA Para 1.23 No uncertainties Additional infomiation (optional) You may choose to include further statements Whe 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 IlrLisI deed. royal charlerl Pafa 1.25 BMOF CIO Constitution
CHARITY COMMISSION FOR ENGLAND AND WALES How is the charity constituted? le.g unincorporated ,I£SOnlciliorTh Qloi 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 cio Para 1.25 Apart from Ihe first Trustees, every TrLJStee must be appointed for a term of three years by a resolution passed al a propedy convened meeting of the Tnjslees. In selecting individuals for appointment as Trustees, the Trustees must have regard lo the skills. knowledge and experience needed for the effective administration of the cio. Additional infomiation loplional) You may choose lo 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
CHARITY COMMISSION FOR ENGLAND AND WALES Charity name Other name the charity uses Registered charity number Charity's principal address BMOF Charitable Trust 1200686 8 Glasshouse Yard, London, EC1A 4JN Names of the charity trustees who manage the charity Trustee narne Office lif anyl Dates acted rf not for whole year Name of person lor body) entitled to appoint trust88 Irf any) Sam Bompas Chair Anthony Hanson Treasurer Rob Jacob 10 12 13 14
CHARITY COMMISSION FOR ENGLAND AND WALES 15 16 17 18 19 20 Corporate trustees- names of the directors at the date the report was approved Director name Name of trustees holding title to propety belonging to the charity Trustee name Dat&s aetad If not for whole year Funds held as custodian trustees on behalf of others Description of the assets held in this capacity
CHARITY COMMISSION FOR ENGLAND AND WALES 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 tha charity's own assets Additional infomiation loptionall Names and addresses of advisers (Optional information) Type of adviser Name Address Name of chief executive or names of senior slaff members (Optional information) Exemptions from disclosure Reason for non-disclosure of key personnel details Other optional information
CHARITY COMMISSION FOR ENGLAND AND WALES Declarations The trustees declare thal they have approved the trustees, report above. Signed on behalf of the charity's trustees Signaturels Full name{sl 14fvitE¢MPI Position leg Secretary, Chair, etc) Dale