REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements |
for the Year Ended 30 November 2023 |
for |
The Sara Charlton Charitable Foundation |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements |
for the Year Ended 30 November 2023 |
for |
The Sara Charlton Charitable Foundation |
The Sara Charlton Charitable Foundation |
Contents of the Financial Statements |
for the year ended 30 November 2023 |
Page |
Report of the Trustees | 1 | to | 3 |
Statement of Financial Activities | 4 |
Statement of Financial Position | 5 |
Notes to the Financial Statements | 6 | to | 7 |
The Sara Charlton Charitable Foundation (Registered number: 07434703) |
Report of the Trustees |
for the year ended 30 November 2023 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 November 2023. The trustees have adopted 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 (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Charitable objectives |
The Foundation's objectives are specifically restricted to: |
(i) the relief of poverty or financial hardship, either generally or individually, through the provision of grants, goods or services; |
(ii) the relief of physical or mental distress; |
(iii) the relief of sickness and the preservation of health; |
(iv) the advancement of education; in particular, without prejudice to the generality of this clause, the objects above shall be pursued for the benefit of; |
(a) persons who have been subjected to mental, physical or sexual abuse by their partners, ex-partners or persons with whom they had a relationship and who are in need; |
(b) homeless women; and |
(c) the children at (a) and (b) above |
(v) such other charitable purposes as the Trustees shall in their absolute discretion from time to time decide. |
Public benefit |
The Trustees are aware of the Public Benefit provisions of the Charities Act 2006 and of the guidance on them published by the Charity Commission. |
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Foundation's aims and objectives and in planning future activities and setting the grant making policy for the period. They have therefore complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission . |
They are satisfied that the objects and activities of the Foundation are within the definition of Charitable Purposes set down in the Act. The Trustees are not aware of any public detriment caused by the Foundation's objectives or activities, nor are they aware of anyone receiving any private benefit from the Foundation's activities. |
Grantmaking |
The charity is a grant making trust which carries out various fundraising activities in order to support its charitable objectives of benefitting the victims of domestic abuse and their children, and homeless women and their children, and making grants to other charities active in these fields. |
The Sara Charlton Charitable Foundation (Registered number: 07434703) |
Report of the Trustees |
for the year ended 30 November 2023 |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
The Charity has funded £78,456 to Domestic Violence charities, this funding will go towards funding IDVAs and education of healthy relationships in young adults. |
The Charities which we have funded are : |
My Sisters House |
Embedded in the Bognor Regis community, My Sisters' House Women's Centre works across the coastal area of West Sussex. It provides a range of services to women from all backgrounds facing all kinds of issues, including individual work with specialist support workers, peer groups, counselling, and support for women to access training and employment.. |
NDAS |
Northumberland Domestic Abuse Services (NDAS) is a charity offering confidential support to all domestic abuse victims in Northumberland since 2003. They provide emotional, practical, and therapeutic aid to women, children, and youth affected by abuse. NDAS empowers survivors, aids their recovery, and educates communities on domestic abuse. Through tailored and trauma-informed support, they help victims build resilience. |
Collaborating with partners, NDAS ensures a holistic approach to addressing complex needs. |
Her Centre |
Her Centre is a London-based women's service addressing domestic abuse. They offer comprehensive support to marginalised women, including refugees, women of colour, disabled women, and those facing poverty. Services encompass advocacy, peer-led support, trauma counselling, education, and employment assistance. The centre tackles crisis intervention and assists victims in breaking free from abusive relationships. Challenges involve financial hardship, isolation, and fears of retribution. They foster resilience through holistic aid, peer support, and specialised counselling. |
Wearisde Women in Need |
WWiN provides a range of direct community support services and supported accommodation for adults and children affected by domestic abuse. The Charity also delivers a range of prevention services: (i) Direct work with perpetrators of domestic abuse (ii) Delivery of training, awareness raising and community engagement (iii) Advocacy and support to family and friends. |
Rising Sun Domestic Violence and Abuse Service |
Rising Sun offers support, advice, counselling and therapy for women and children exposed to Domestic Violence. Raising awareness among others in the community to relieve and educate about the impact of Domestic Violence through talks and training. Developing and delivering relating to Domestic Abuse schools programmes across county to offer safe relationship information to secondary school young people. |
Resolute Women's Support Service |
Resolute Women's Support Service is a newly set up charity which will support women who have or are going through domestic abuse in the Barnsley area. |
Fundraising activities |
No major fundraising events were held in the year. |
FINANCIAL REVIEW |
Reserves policy |
The charity is now established and although it will continue to build reserves in the next few years it is going to continue to fund regular grant making programs. The charity benefits from the continuing support of its founder. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, the Memorandum and Articles of Association dated 9th November 2010, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Recruitment and appointment of new trustees |
The number of Trustees shall not be less than three unless determined by ordinary resolution. Trustees are appointed by ordinary resolution. At the first annual general meeting, all Trustees must retire and sufficient Trustees to form a quorum must be elected. At subsequent annual general meetings, a third of the Trustees who have served the longest since their last appointment must be retire by rotation and may be recommended for re-election by the Trustees. |
The Sara Charlton Charitable Foundation (Registered number: 07434703) |
Report of the Trustees |
for the year ended 30 November 2023 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Risk management |
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Solicitors |
Gordons Partnership LLP |
First Floor, 1 Chancery Lane |
London |
WC2A 1LF |
Bankers |
CAF Bank Ltd |
25 Kings Hill Avenue |
Kings Hill |
West Malling |
Kent ME19 4JQ |
Approved by order of the board of trustees on |
The Sara Charlton Charitable Foundation |
Statement of Financial Activities |
(Incorporating an Income and Expenditure Account) |
for the year ended 30 November 2023 |
2023 | 2022 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Investment income | 2 |
Total |
EXPENDITURE ON |
Charitable activities |
Grant making activities | 87,606 | 102,000 |
Administration |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 292,665 |
The Sara Charlton Charitable Foundation (Registered number: 07434703) |
Statement of Financial Position |
30 November 2023 |
2023 | 2022 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS |
Unrestricted funds | 292,665 |
TOTAL FUNDS | 292,665 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
The Sara Charlton Charitable Foundation |
Notes to the Financial Statements |
for the year ended 30 November 2023 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
2. | INVESTMENT INCOME |
2023 | 2022 |
£ | £ |
Bank interest |
3. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 30 November 2023 nor for the year ended 30 November 2022. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 30 November 2023 nor for the year ended 30 November 2022. |
The Sara Charlton Charitable Foundation |
Notes to the Financial Statements - continued |
for the year ended 30 November 2023 |
4. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
2023 | 2022 |
Grant Administration |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Accruals |
6. | RELATED PARTY DISCLOSURES |