Docusign Envelope ID: 4AEDA888-2D81-4AFF-810E-4F84892509CD 

## **THE JOHNNY BUTE FOUNDATION** 

**Charity No. 1204476 (Registered Charity in England and Wales)** 

## **REPORT OF THE TRUSTEES** 

**And** 

## **UNAUDITED FINANCIAL STATEMENTS** 

**FOR THE PERIOD ENDED** 

**30th SEPTEMBER 2024** 



Docusign Envelope ID: 4AEDA888-2D81-4AFF-810E-4F84892509CD 

## **The Johnny Bute Foundation Contents Page** 

||**Page**|
|---|---|
|Legal and Administrative Information|1|
|Trustees' Report|2 - 3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6|





Docusign Envelope ID: 4AEDA888-2D81-4AFF-810E-4F84892509CD 

## **The Johnny Bute Foundation Legal and Administrative Information** 

**Trustees:** Serena Solitaire Bute Lola Affrica Crichton-Stuart **Registered Office:** 2nd Floor 146-148 Clerkenwell Road London EC1R 5DG **Charity Number:** 1204476 (Registered Charity in England and Wales) 

## **Governing Document** 

The Charity is constituted as a Charitable Incorporated Organisation (CIO) governed by its Constitution.  The financial statements comply with statutory requirements and the Charity's governing documents. 

## **Trustee Induction and Training** 

The above mentioned Trustees were appointed according to the procedures laid down in the CIO's Constitution. Any future Trustees shall also be appointed in line with the requirements of CIO's Constitution. New Trustees are briefed on their legal obligations under charity law, the content of the CIO's Constitution, decision making processes and the recent performance of the charity. 

In selecting persons to be appointed as Trustees, the Board shall take into account the benefits of appointing a person who is able by virtue of his personal and / or professional qualifications to make a contribution to the pursuit of the objects or the management of the charity. 

Page  1 



Docusign Envelope ID: 4AEDA888-2D81-4AFF-810E-4F84892509CD 

## **The Johnny Bute Foundation Trustees' Report For the period ended 30th September 2024** 

The Trustees present their report and the financial statements for the period covering 25 August 2023 (date of charity registration) to 30 September 2024. The Trustees confirm that the Annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice Applicable to Charities preparing their accounts in accordance with the financial reporting standard applicable in the UK and Republic of Ireland 'The FRS 102 Charities SORP' published on 16 July 2014. 

## **Trustees** 

The Trustees who served throughout the period were: Serena Solitaire Bute Lola Affrica Crichton-Stuart 

## **Objectives** 

The charitable purpose of this charity is to provide grants for such charitable purposes, for the public benefit, that are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine 

## **Principal Activity** 

The charity was dormant during the period. 

The Trustees confirm that when planning activities they have considered the Charity Commission’s guidance on public benefit, including the guidance 'Public Benefit: running a Charity (PB2)'. 

## **Organisational Structure** 

The charity is governed by the Board of Trustees who are responsible for the governance and the strategic direction of the organisation. 

## **Review of activities, achievements and performance** 

The charity was dormant during the period. 

## **Reserves policy** 

The charity was dormant during the period and has not yet begun operations. A reserves policy will be formulated in due course, once the charity becomes active. 

Page: 2 



Docusign Envelope ID: 4AEDA888-2D81-4AFF-810E-4F84892509CD 

## **The Johnny Bute Foundation Trustees' Report For the period ended 30th September 2024 (Continued)** 

## **Trustees' Responsibilities Statement** 

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with the applicable law and United Kingdom Accounting Practices (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England and Wales requires the Trustees to prepare statements for each financial period which give a true and fair view of the state of the affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the Trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable UK accounting standards, including FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; 

- state whether a Statement of Recommended Practice (SORP) applies and has been followed, subject to any material departures which are explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Account and Reports) Regulations 2008 and the provisions of the governing document. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

This report was approved by the Trustees on 16 July 2025. and signed on their behalf by: 


………………………………… 

## **Serena Solitaire Bute** 

Trustee 

Page: 3 



Docusign Envelope ID: 4AEDA888-2D81-4AFF-810E-4F84892509CD 

## **The Johnny Bute Foundation Statement of Financial Activities For the period ended 30th September 2024** 

|**Note**<br>**Total Income**<br>**Expenditure on:**<br>Raising Funds<br>Charitable activities<br>**Total Expenditure**<br>**Net income/expenditure for the year**<br>Total funds brought forward at<br>25th August 2023<br>**Total funds carried forward at**<br>**30th September 2024**|**2024**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
|---|---|



All disclosures relate only to continuing operations. 

There are no recognised gains or losses other than the net income/(expenditure) for the year. 

Page: 4 



Docusign Envelope ID: 4AEDA888-2D81-4AFF-810E-4F84892509CD 

## **The Johnny Bute Foundation Balance Sheet as at 30th September 2024** 

|**Note**|**2024**||**2024**|
|---|---|---|---|
||**£**||**£**|
|**Current Assets**||||
|Cash at bank and in hand||-||
|**Creditors: Amounts falling due**||-||
|**within one year**||-||
|**Net Current Assets**|||-|
|**Net Assets**|||-|
|**Funds**||||
|General funds (unrestricted)|||-|
||||-|
|The Financial statements were approved by the Board and authorised for distribution on 16 July||2025||
|and signed on their behalf by:||||
|...................................................||||
|**Serena Solitaire Bute**||||
|Trustee||||



Page: 5 



Docusign Envelope ID: 4AEDA888-2D81-4AFF-810E-4F84892509CD 

## **The Johnny Bute Foundation Notes to the Financial Statements For the period ended 30th September 2024** 

## **1. Accounting Policies** 

## **Basis of preparation of financial statements** 

The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), published on 16 July 2014. The charity is a public benefit entity for the purposes of FRS 102 and therefore also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (The FRS 102 Charities SORP) and the Charities Act 2011. 

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound. 

## **Going Concern Basis** 

The financial statements have been prepared on a going concern basis. 

Having carried out a review of the Charity's resources and future plans the Trustees are satisfied that the Charity will have sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the financial statements. 

## **Accounting Estimates** 

In the view of the trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements, nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year. 

Page: 6