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2025-07-11-accounts

Green Lightning Foundation

Registered Charity Number: 1205072

1. Reference and Administrative Details

Charity Name: Green Lightning Foundation

Charity Number: 1205072

Charity Type: Charitable Incorporated Organisation (CIO)

Registered Address: 91 Billet Lane, Hornchurch, Essex, RM11 1XJ

Website: www.greenlightning.org

Email: contact@greenlightning.org

Trustees (as of 11 July 2025):

2. Structure, Governance and Management

Governing Document: The Green Lightning Foundation is governed by its Foundation Model Constitution, adopted on 1 July 2023. As a CIO, its only voting members are its trustees.

Appointment of Trustees: Trustees are appointed by resolution of the existing trustees in accordance with the governing document. Trustees are selected based on relevant skills and experience in STEM, education, youth development, and governance.

Safeguarding: The trustees confirm that they have read and are following the Charity Commission's safeguarding guidance. A safeguarding policy based on NSPCC templates is available at www.greenlightning.org.

3. Objectives and Activities

Charitable Object: To advance Scientific, Technical, Engineering, and Mathematical (STEM) education for 11 to 19-year-old students in Essex and Hertfordshire, particularly through the design, construction, and racing of electric vehicles and related subjects.

Public Benefit: In carrying out these aims, the trustees have complied with their duty to have regard to the Charity Commission's guidance on public benefit.

Key Future Activities:

4. Achievements and Performance

Year in Review: The 2024-2025 financial year marked the charity's first full year following registration. While the CIO remained in a preparatory phase and no operational activities took place during this period, the trustees continued to maintain the governance framework needed for future delivery.

Key progress includes:

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5. Financial Review

Income and Expenditure: Total income: £0. Total expenditure: £0. No financial transactions occurred in the year ended 11 July 2025. The charity currently has no bank account and has not yet received donations or funding.

Reserves Policy: A reserves policy will be established once the charity begins to receive income. Initial estimates suggest operating costs of approximately £6,500 annually when fully active.

Funding Strategy: Future income is expected from public donations, including Gift Aid, commercial sponsorship, and educational grants. Due diligence policies are in place to screen all funding sources in accordance with Charity Commission best practice.

6. Plans for the Future

7. Declaration

The trustees declare that they have approved this report.

Signed on behalf of the trustees,

Signature: ________

Name: Simon Fielding OBE - Chair

Date: ________

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Green Lightning Foundation

Receipts and Payments Account

For the year ended 11 July 2025

Receipts Amount (£)
Donations and legacies 0.00
Charitable activities 0.00
Other income 0.00
Total Receipts £0.00
Payments Amount (£)
Charitable activities 0.00
Support costs 0.00
Governance costs 0.00
Total Payments £0.00

Net Receipts / (Payments): £0.00

Statement of Assets and Liabilities

As at 11 July 2025

Assets Amount (£)
Cash at bank and in hand 0.00
Other monetary assets 0.00
Non-monetary assets 0.00
Total Assets £0.00
Liabilities Amount (£)
Creditors 0.00
Net Assets £0.00

Trustees' Declaration

The above receipts and payments account and statement of assets and liabilities were approved by the trustees on:

Date: ________

Signed on behalf of the trustees:

Signature: ________

Name: Simon Fielding OBE - Chair

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