Trustees’ Annual Report for the period
From 01/06/23 Period start date To 31/03/24
Period end date
Charity name: The Love Grey Foundation
Charity registration number:
Objectives and Activities
| SORP reference |
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|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The Love Grey foundation exists to help everyone affected by premature birth, baby loss, bereavement and early-years illness. We do so by sending love, in its many forms, to those that need it most; whether that's parents and families, hospitals and support groups or the little heroes fighting for their lives around the world. |
| 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 |
In this year the charity as focused on establishing itself, low-level brand awareness and establishing a base for fundraising |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Even though activity has remained low, the trustees have complied with their duty to have due regard to the commission's public benefit guidance when exercising any powers or duties to which theguidance is relevant |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
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|---|---|---|
| Policy on grant making | Para 1.38 | The foundation has a Grant-Making Policy in place as part of its constitution. This has been a driving factor into the consideration of applicants although decisions made to focus on establishing the charity in this reporting period means that grants where notgranted in this reporting period |
| Para 1.38 | There has been no social investment including program related investment in this period |
| Policy on social investment including program related investment |
||
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | Beyond the trustees there has been no contribution made by volunteers in this period |
| Other |
Achievements and Performance
| Achievements and Performance | ||
|---|---|---|
| SORP reference |
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| 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 charity has been represented within baby loss community making a meaningful difference in the support of those affected. The focus has been on the trustees representing the charity to use their experience and expertise to further the causes the charity is committed to. Whilst there’s still an incredibly long road ahead, it’s our belief that the stigma surrounding baby loss has been (albeit fractionally) reduced, as a result of the charity’s endeavours. |
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
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of theperiod |
Para 1.21 | |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The income received by the charity remains relatively low. In this period the foundation has wanted to consolidate its reserves rather than make grants that reduced reserves held and accordingly diminished the foundation’s ability to make donations as desired |
| Amount of reserves held | Para 1.22 | £7816.87 |
| 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 continuingas agoingconcern |
Para 1.23 | There are no significant uncertainties about the charity continuing in its current form as a going concern |
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 | Fundraising through events |
|---|---|---|
| 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 | Time required to make a meaningful difference and keep the charity moving forward at the pace that’s desired |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: | ||
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | Trust Deed |
| 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 | the trustees must have the skills, knowledge and experience needed for the effective administration of the charity. Trustees hold office for 5 years and the role of trustees is reviewed annually at the annual meeting |
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 | The Love GreyFoundation |
|---|---|
| Other name the charityuses | Love Grey |
| Registered charity number | 1203342 |
| Charity’s principal address | 122 Hollydale Road London SE15 2TQ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Mike Grumbridge | Treasurer | |||
| Georgina Grumbridge |
Chair | |||
| Zoë Rippon | ||||
| Laura Lucas | ||||
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 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
Signature(s) Full name(s) Mike Grumbridge Position (eg Secretary, Chair, Treasurer etc) Date 29.01.25
The Love Grey Foundation
1203342
Receipts and payments accounts CC16a For the period 1.06.23 31.3.24 To from
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - 7 817 - - - Cross Add Error - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - 7 817 - - - Cross Add Error - - - - - - - - - - - - - - - |
Last year to the nearest £ |
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| Sub total(Gross income for AR) |
- | - | ||||
| A2 Asset and investment sales, (see table). |
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| Sub total | - | - | ||||
| Total receipts A3 Payments |
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| **Sub total ** | - | - | ||||
| A4 Asset and investment purchases, (see table) |
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| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
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| - | ||||||
| - | - | - | - |
- | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | 7 817 | - |
CCXX R1 accounts (SS)
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - 7 817 - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Mike Grumbridge |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| Current value (optional) |
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| When due (optional) |
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| Date of approval |
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| Mike Grumbridge | 29.01.25 | ||
CCXX R2 accounts (SS)
2