2024-12-31-accounts - Bbfoundation

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Docusign Envelope ID: D655DFAD-DF0E-4EFD-AB26-8EF1F3CF395B

Trustees’ Annual Report for the period

From 19/03/2024 Period start date To 31/12/2024 Period end date

Charity name: BBFoundation

Charity registration number: 1207525

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The Objects of the CIO is the advancement of any charitable purpose for the benefit of the public that the trustees shall in their absolute discretion from time to time think fit which are charitable according to the laws of 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 1.17 and 1.19	N/A – The charity was newly registered having been launched on 19/03/2024 (less than 1 year old) so no direct charitable activities had been accomplished within this period.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees had and have regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

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Other

Achievements and Performance

	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	During the charity’s first financial period our main achievements were structural and administrative in nature. During this period we: • Setup the charity bank account • Started to create policy and procedures • Discussed qualifying charitable organisations to support in our next financial year • Received funds from a corporate sponsor

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

Docusign Envelope ID: D655DFAD-DF0E-4EFD-AB26-8EF1F3CF395B

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	During this period the charity’s bank account was setup and active by October. A corporate sponsor, Bexley Beaumont Limited, donated £10,000 to the charity on 24thDecember 2024. No funds were drawn out of the charity’s bank account prior to year end. The charity ended this period with £10,000 in its bank account from one single payment and no outbound payments. The charity had no liabilities and was financially stable.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	No policy was in place during this period. Policy was introduced in 2025.
Amount of reserves held	Para 1.22	£10,000
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 continuing as a going concern	Para 1.23	n/a

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	A single corporate donation from Bexley Beaumont Limited
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

Docusign Envelope ID: D655DFAD-DF0E-4EFD-AB26-8EF1F3CF395B

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Foundation CIO Constitution
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	Eligibility: - Must be over 16 - Must not be disqualified from acting as a charity trustee by virtue of sections 178-180 of the Charities Act 2011 (or any statutory re- enactment or modification of that provision) Notwithstanding the above provisions selection of a trustee is to the complete discretion of acting trustees who have regard to skills, knowledge and experience needed for the effective administration of the CIO when deciding on a candidate. Appointment: Apart from Karen Jane Bexley and Anna Marie Beaumont, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

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

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Other

Reference and Administrative details

Charity name	BBFoundation
Other name the charity uses
Registered charity number	1207525
Charity’s principal address	Centurion House, 129 Deansgate, Manchester, M3 3WR

Docusign Envelope ID: D655DFAD-DF0E-4EFD-AB26-8EF1F3CF395B

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 (ifany)
	Karen Bexley
	Anna Beaumont
	George Andrew

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

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Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a 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

Docusign Envelope ID: D655DFAD-DF0E-4EFD-AB26-8EF1F3CF395B

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) Position (eg Secretary, Chair, etc) Date
	Karen Jane Bexley	Anna Marie Beaumont
	Chair
	`16 September 2025`
	`16 September 2025`

Docusign Envelope ID: 636B3932-5F94-4B02-84A8-6BA15E310811

	BBFoundation	BBFoundation	BBFoundation	1207525	CC16a
	For the period from	13/03/2024 Period start date	To	31/12/2024 Period end date

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 10,000 - - - - - - - 10,000 - - - 10,000 - - - - - - - - - - - - - - 10,000 - -	Restricted funds to the nearest £	Endowment funds to the nearest £	Total funds to the nearest £	Last year to the nearest £
BexleyBeaumont Limited Donation	10,000	-	-	10,000	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	10,000	-	-	10,000	-

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					-

	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	-				-

A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					-

	10,000	-	-	10,000	-
	-	-	-	-	-
	-	-	-	-	-
	10,000	-	-	10,000	-

CCXX R1 accounts (SS)

17/09/2025

Docusign Envelope ID: 636B3932-5F94-4B02-84A8-6BA15E310811

Section B Statement of assets and liabilities at the end of the period

Bexley Beaumont Limited Donation Details Details *Total cash funds* (agree balances with receipts and payments account(s))	Unrestricted funds to nearest £ 10,000 - - 10,000 OK Unrestricted funds to nearest £	Restricted funds to nearest £ - - - - OK Restricted funds to nearest £	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
	-	-	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
Details Details Details	Fund to which asset belongs Fund to which asset belongs Fund to which liability relates	Cost (optional) - - - - - Cost (optional) - - - - - - - - - Amount due (optional)	Current value (optional)
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			Current value (optional)
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			When due (optional)
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Signature	Print Name `ANNA BEAUMONT` `KAREN BEXLEY`
			Date of approval
			`18/09/2025`
			`18/09/2025`