THE FREEMAN 1ST FOUNDATION
The objectives of the CIO are to advance in life and relieve needs of socially and economically disadvantaged young people aged 0 to 25 in England including (and not limited to) those resident in Bridlington or the East Riding of Yorkshire local authority area in particular, so as to develop their capabilities that they may grow to full maturity as individuals and members of society.
Objects
THE OBJECTS OF THE CIO ARE TO ADVANCE IN LIFE AND RELIEVE NEEDS OF SOCIALLY AND ECONOMICALLY DISADVANTAGED YOUNG PEOPLE AGED 0 TO 25 IN ENGLAND INCLUDING (BUT NOT LIMITED TO) THOSE RESIDENT IN BRIDLINGTON OR THE EAST RIDING OF YORKSHIRE LOCAL AUTHORITY AREA IN PARTICULAR, SO AS TO DEVELOP THEIR CAPABILITIES THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY IN PARTICULAR, BUT NOT EXCLUSIVELY BY: (A)AFFORDING OPPORTUNITIES TO OBTAIN INTERNSHIPS AND OTHER WORK EXPERIENCE WITH ORGANISATIONS WORKING IN THE FIELDS OF EDUCATION, THEATRE, ARTS, BUSINESS, MUSIC AND SPORTS OR SUCH OTHER FIELDS AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION SEE FIT;(B)ADVISING AND ASSISTING YOUNG PEOPLE TO ENTER AND PROGRESS IN CAREERS IN THE FIELDS OF EDUCATION, THEATRE, ARTS, BUSINESS, MUSIC AND SPORTS OR SUCH OTHER FIELDS AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION SEE FIT;(C)EDUCATING YOUNG PERSONS WHO ARE PUPILS AT SCHOOLS, COLLEGES, AND UNIVERSITIES IN ANY PART OF ENGLAND BY ENSURING THAT DUE ATTENTION IS GIVEN TO THE PHYSICAL EDUCATION OF SUCH PUPILS AS WELL AS TO THE DEVELOPMENT AND OCCUPATION OF THEIR MINDS AND WITH A VIEW TO FURTHERING THAT OBJECT TO PROVIDE FUNDS AND TO ASSIST IN THE ORGANISATION AND PROVISION OF FACILITIES WHICH WILL ENABLE AND ENCOURAGE SUCH PUPILS TO PARTICIPATE IN RECREATION AND SPORT;(D)IN THE INTERESTS OF SOCIAL WELFARE TO ORGANISE OR PROVIDE FACILITIES FOR RECREATION FOR PERSONS WHO BY REASON OF THEIR YOUTH OR SOCIAL AND ECONOMIC CIRCUMSTANCES HAVE NEED OF SUCH FACILITIES;(E)TO HELP YOUNG PEOPLE WHO FACE COMPLEX TRANSITIONS TO ADULTHOOD. INCLUDING (BUT NOT EXCLUSIVELY) THOSE YOUNG PEOPLE WHO ARE SOCIALLY EXCLUDED OR MARGINALISED; AND(F)SUCH OTHER OBJECTS AND PURPOSES IN ENGLAND BEING OBJECTS AND PURPOSES EXCLUSIVELY CHARITABLE IN ACCORDANCE WITH THE LAWS OF ENGLAND & WALES.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £22,618 for the year ended 31 December 2024, reducing its unrestricted net assets from £112,859 to £90,241. The trustees consider the current surplus to be an adequate amount of coverage for committed grants and new applications. No material uncertainties or going concern issues were identified by the independent examiner.
What the accounts disclose
“The trustees have adopted a policy that ensures reserves held cover both committed grants and the ability to award grants on new applications.” — page 3
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- LESLEY ANN JACKSONchair
- LEANNE BREWIS
- STUART SANDERSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £34k | £77k |
| 31/12/2024 | £36k | £59k |
| 31/12/2023 | £27k | £44k |
| 31/12/2022 | £38k | £26k |
| 31/12/2021 | £138k | £20k |
Common questions
Is THE FREEMAN 1ST FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £22,618 for the year ended 31 December 2024, reducing its unrestricted net assets from £112,859 to £90,241. The trustees consider the current surplus to be an adequate amount of coverage for committed grants and new applications. No material uncertainties or going concern issues were identified by the independent examiner. Its FY2024 accounts were independently examined.