IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Unaudited Small companies regime for accounts Full Charities SORP true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131066292023-03-31131066292024-03-31131066292023-04-012024-03-31131066292022-03-31131066292022-04-012023-03-31131066292023-03-3113106629ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3113106629ns15:PoundSterling2023-04-012024-03-3113106629ns11:FRS1022023-04-012024-03-3113106629ns11:AuditExempt-NoAccountantsReport2023-04-012024-03-3113106629ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113106629ns11:FullAccounts2023-04-012024-03-3113106629ns11:CharitiesSORP2023-04-012024-03-3113106629ns16:EnglandWales2023-04-012024-03-3113106629ns11:RegisteredOffice2023-04-012024-03-3113106629ns0:Trustee12023-04-012024-03-3113106629ns0:Trustee22023-04-012024-03-3113106629ns0:Trustee32023-04-012024-03-3113106629ns0:Trustee42023-04-012024-03-3113106629ns0:Trustee52023-04-012024-03-3113106629ns0:Activity82023-04-012024-03-3113106629ns0:Activity82022-04-012023-03-3113106629ns0:TotalUnrestrictedFunds2024-03-311310662922023-04-012024-03-31
REGISTERED COMPANY NUMBER: 13106629 (England and Wales)
REGISTERED CHARITY NUMBER: 1194611


















Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2024

for

The Mitheridge Foundation

The Mitheridge Foundation

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Report of the Trustees 1 to 2

Statement of Financial Activities 3

Balance Sheet 4

Notes to the Financial Statements 5 to 8

The Mitheridge Foundation (Registered number: 13106629)

Report of the Trustees
for the Year Ended 31 March 2024



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 31 March 2024. 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
Objectives and aims
The Mitheridge Foundation is set up to support charities, projects and people particularly in the areas of housing, homelessness, education and mental health.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Mitherdige Foundation is a registered charity and is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a company limited by guarantee, as defined by the Companies Act 2006, which does not have a share capital. The directors therefore do not have any financial interest in the company nor are there any significant contracts in which they have a material interest

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
13106629 (England and Wales)

Registered Charity number
1194611

Registered office
1 Chesterfield Street
London
W1J 5JF

Trustees
Mr D C Hirst
Ms C L Maddox
Mr C M Medvei
Mr J H Olivier
Mr R W G Yerburgh

STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of The Mitheridge Foundation for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-select suitable accounting policies and then apply them consistently;
-observe the methods and principles in the Charity SORP;
-make judgements and estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Mitheridge Foundation (Registered number: 13106629)

Report of the Trustees
for the Year Ended 31 March 2024



Approved by order of the board of trustees on 23 December 2024 and signed on its behalf by:





Mr D C Hirst - Trustee

The Mitheridge Foundation

Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 March 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies - 250

Investment income 2 - 3
Total - 253

EXPENDITURE ON
Charitable activities
Donations - 5,000

Other 40 96
Total 40 5,096

NET INCOME/(EXPENDITURE) (40 ) (4,843 )


RECONCILIATION OF FUNDS
Total funds brought forward 157 5,000

TOTAL FUNDS CARRIED FORWARD 117 157

The Mitheridge Foundation (Registered number: 13106629)

Balance Sheet
31 March 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
CURRENT ASSETS
Cash at bank 117 157

NET CURRENT ASSETS 117 157

TOTAL ASSETS LESS CURRENT LIABILITIES 117 157

NET ASSETS 117 157
FUNDS 5
Unrestricted funds 117 157
TOTAL FUNDS 117 157

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 23 December 2024 and were signed on its behalf by:





Mr D C Hirst - Trustee

The Mitheridge Foundation

Notes to the Financial Statements
for the Year Ended 31 March 2024


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.

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
2024 2023
£    £   
Deposit account interest - 3

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.



The Mitheridge Foundation

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 250

Investment income 3
Total 253

EXPENDITURE ON
Charitable activities
Donations 5,000

Other 96
Total 5,096

NET INCOME/(EXPENDITURE) (4,843 )


RECONCILIATION OF FUNDS
Total funds brought forward 5,000

TOTAL FUNDS CARRIED FORWARD 157

5. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 157 (40 ) 117

TOTAL FUNDS 157 (40 ) 117

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund - (40 ) (40 )

TOTAL FUNDS - (40 ) (40 )


The Mitheridge Foundation

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


5. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 5,000 (4,843 ) 157

TOTAL FUNDS 5,000 (4,843 ) 157

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 253 (5,096 ) (4,843 )

TOTAL FUNDS 253 (5,096 ) (4,843 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.22 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 5,000 (4,883 ) 117

TOTAL FUNDS 5,000 (4,883 ) 117

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 253 (5,136 ) (4,883 )

TOTAL FUNDS 253 (5,136 ) (4,883 )


The Mitheridge Foundation

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.