2024-08-31-accounts - Colyton Foundation

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Trustees’ Annual Report for the period

From: 1 February 2024 Period start date To: 31 August 2024 Period end date

Charity name: Colyton Foundation

Charity registration number: 1206838

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance the education of children and young people in the South West of England who are identified as having high academic potential but face barriers in progressing their educational aspirations due to social or economic disadvantage.
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	For the public benefit, to advance the education of children and young people in the South West of England who are identified as having high academic potential but face barriers in progressing their educational aspirations due to social or economic disadvantage. This is achieved by: - providing academic mentoring and support to supplement their schooling - delivering training to teachers and school leaders so that they are better equipped to support high academic potential students - engaging with universities to assist them in producing their access and participation plans to improve the number of students from disadvantaged backgrounds progressing to higher education
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Charity Trustees have given due regard to the guidance issues regarding public benefit and the summary of the main activities addresses this clearly.

	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	The Charity was incorporated on the 1 February 2024 and the principle task was to secure funding for the first cohort of students with an aim of commencing delivery of the My Future Story programme in September 2025. The work undertaken between February and August 2024 was predominantly focussed on this activity.

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of August 2024, a small amount of income had been secured in order to enable the set-up of the charity, including the website.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The funds held at the end of the year are there to finalise the website and set-up arrangements for the charity.
Amount of reserves held	Para 1.22	£1,133

Type of governing document	Para 1.25	Memorandum and articles of association
How is the charity constituted?	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	Trustees have been recruited based on their expertise in the field of education and/or other expertise that they can bring to support the aims of the Charity.

Charity name	Colyton Foundation
Registered charity number	1206838
Charity’s principal address	Colyton Grammar School Whitwell Lane Colyford Devon, EX24 6HN

Names of the charity trustees who manage the charity

1 2 3 4 5 6	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Camilla Chandler- Mant		Appointed 12 March 2024
	Janice Kay		Appointed 25 March 2024
	TimothyHarris
	TimothyJohnson		Appointed 29 February2024
	BarrySindall
	Neal Whitfield

Signature(s) Full name(s) Barry Sindall Position (eg Secretary, Chair, etc)[Chair ] Date 22 April 2025

Fixed Assets Intangible assets Tangible assets Current Assets Investments Debtors Prepayments and Accrued Income Cash at bank and in hand Current Liabilities Creditors: amounts falling due within one year Creditors Deferred Income and Accrued Expenses Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Loans Provisions for liabilities and charges Total Net Assets Restricted Funds Restricted General Fund Total Restricted Funds Unrestricted funds Unrestricted General Fund Total Unrestricted Funds Total Funds	31 August 2024	31 August 2024
	0 0 0 0 0 0 1,133 1,133 0 0 0 1,133 1,133 0 0 0 1,133 0 0 1,133 1,133 1,133
		1,133

		1,133