Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
**REGISTERED CHARITY NUMBER: 1002755**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 5 April 2025**
**for**
**The Scurrah Wainwright Charity**
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Contents of the Financial Statements for the Year Ended 5 April 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Notes to the Financial Statements**|6|to|12|
|**Detailed Statement of Financial Activities**||13||
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Report of the Trustees for the Year Ended 5 April 2025**
The trustees present their report with the financial statements of the charity for the year ended 5 April 2025. 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 trustees hold the capital and income upon trust to apply the income and all or part of the capital for charitable purposes and to make donations to charitable institutions at such times and in such a manner as the trustees may in their absolute discretion think fit. The aim of the charity is to support a wide range of charitable projects, with an emphasis on social reform both in Britain and abroad.
## **Significant activities**
The charity's main activity is investment in order to support the payment of grants.
## **Public benefit**
All approved grants are considered by the trustees to be for public benefit. In providing this support, the trustees have had due regard to the guidance published by the Charity Commission on public benefit.
## **Grantmaking**
The charity invites applications for funding through directories of grant-making trusts and through its website www.wainwrighttrusts.org.uk. Applicants are invited to submit background information about themselves, the project they intend to pursue and details of its practical implementation, together with budgets and other sources of finance. The charity gives strong consideration to applications from the Yorkshire region as well as to those from Southern Africa, particularly Zimbabwe. The trustees require feedback on the actual use of grants awarded and the achievements made in order to monitor and assess the quality of grants made.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Charitable activities**
During the year the charity has been able to provide grants to support thirty nine organisations with diverse aims and for the benefit of countless individuals.
## **Fundraising activities**
The charity does not actively raise funds.
## **Investment performance**
The charity relies on its investment managers, Trinity Bridge, to manage investment income to support the charity's grant-making activity.
## **FINANCIAL REVIEW**
## **Reserves policy**
All income is distributed every year with none being held in reserve; the reserves held by the charity are purely of a capital nature. This capital reserve is held in order to generate future investment income to enable grants to be made in future years.
## **Funds in deficit**
An element of capital may be distributed each year which may result in the revenue reserve falling into deficit.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity takes its name from Henry Scurrah Wainwright OBE who was a chartered accountant and social reformer. He was instrumental in founding and growing the Leeds medical company Chas F Thackray Ltd. The charity was originally endowed through funds from the sale of that company in 1990.
## **Recruitment and appointment of new trustees**
Appointments are based on the unanimous agreement of all trustees. New trustees may be appointed at any time but so that the total number of trustees shall at no time exceed ten.
## **Organisational structure**
The trustees meet three times a year to assess grant applications for approval or refusal.
1
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Report of the Trustees for the Year Ended 5 April 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Induction and training of new trustees**
MS Wainwright is responsible for the induction of any new trustee. Such induction would include awareness of a trustee's responsibilities, the governing document, administrative procedures and the history and philosophical approach of the charity. A new trustee would also receive copies of the previous year's annual report and accounts and a copy of the Charity Commission document "The Essential Trustee: what you need to know, what you need to do".
## **Related parties**
The Andrew Wainwright Reform Trust Limited is a related party under common control.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1002755
## **Principal address**
The Barn Thrupp Kidlington Oxford OX5 1JY
## **Trustees**
M S Wainwright H P I Scott P Wainwright T M Wainwright Ms J Scott T M Winslow T S Wainwright Ms A M Wainwright Scott Ms R M W Scott O A L Wainwright
## **Independent Examiner**
KJA Bairstow & Atkinson Woodland House Woodland Park Bradford Road Cleckheaton West Yorkshire BD19 6BW
## **Advisers**
Trinity Bridge Wigmore Yard 42 Wigmore Street London W1U 2RY
Approved by order of the board of trustees on 28 November 2025 and signed on its behalf by:
M S Wainwright - Trustee
2
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **Independent Examiner's Report to the Trustees of The Scurrah Wainwright Charity**
## **Independent examiner's report to the trustees of The Scurrah Wainwright Charity**
I report to the charity trustees on my examination of the accounts of The Scurrah Wainwright Charity (the Trust) for the year ended 5 April 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
N Effendi The Institute of Chartered Accountants in England and Wales
KJA Bairstow & Atkinson Woodland House Woodland Park Bradford Road Cleckheaton West Yorkshire BD19 6BW
28 November 2025
3
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Statement of Financial Activities for the Year Ended 5 April 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
2
**Total**
**EXPENDITURE ON**
Raising funds
3
**Charitable activities**
Grants to charitable activities with emphasis on social
reform
Other
**Total**
Net gains/(losses) on investments
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**2025**
**Unrestricted**
**fund**
**£**
47,601
65,622
113,223
22,883
171,116
11,993
205,992
(126,309)
(219,078)
2,795,670
2,576,592|**2024**
**Total**
**funds**
**£**
78,751
72,282
151,033
22,073
158,957
11,577
192,607
75,902
34,328
2,761,342
2,795,670|
|---|---|---|
The notes form part of these financial statements
4
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Balance Sheet 5 April 2025**
|||**2025**|**2024**|
|---|---|---|---|
|||**Unrestricted**|**Total**|
|||**fund**|**funds**|
||**Notes**|**£**|**£**|
|**FIXED ASSETS**||||
|Investments|7|2,535,150|2,649,111|
|**CURRENT ASSETS**||||
|Debtors|8|28,833|23,491|
|Cash at bank||22,385|176,942|
|**CREDITORS**||51,218|200,433|
|Amounts falling due within one year|9|(9,776)|(53,874)|
|**NET CURRENT ASSETS**||41,442|146,559|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**|**TOTAL ASSETS LESS CURRENT LIABILITIES**|2,576,592|2,795,670|
|**NET ASSETS**||2,576,592|2,795,670|
|**FUNDS**|11|||
|Unrestricted funds||2,576,592|2,795,670|
|**TOTAL FUNDS**||2,576,592|2,795,670|
The financial statements were approved by the Board of Trustees and authorised for issue on 28 November 2025 and were signed on its behalf by:
M S Wainwright - Trustee
The notes form part of these financial statements
5
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Notes to the Financial Statements for the Year Ended 5 April 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **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 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**
|Other fixed asset invest - FII
Other fixed asset inv - UnFII
Deposit account interest
Interest from investments
HMRC interest|**2025**
**£**
34,914
12,316
84
18,081
227
65,622|**2024**
**£**
46,562
6,232
222
19,266
-
72,282|
|---|---|---|
continued...
6
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **3. RAISING FUNDS**
## **Investment management costs**
|**Investment management costs**|||||
|---|---|---|---|---|
|Portfolio management
Interest payable and similar charges
**GRANTS PAYABLE**
Grants to charitable activities with emphasis on social reform||**2025**
**£**
22,883
-
22,883
**2025**
**£**
171,116||**2024**
**£**
21,998
75
22,073
**2024**
**£**
158,957|
|The total grants paid to institutions during the year was as follows:
UK national projects
North of England
Zimbabwe & South Africa|2025
£
2,500
138,616
30,000
171,116||2024
£
19,150
128,207
11,600
158,957||
## **4. GRANTS PAYABLE**
continued...
7
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **4. GRANTS PAYABLE - continued**
|Access Space Network
Active Independence
Building Futures Together
Care in Crosspool
Christophers Good Neighbour Project
East Riding Food Pov
Elland Christian Centre
Food for Families
Grimethorpe Activity Zone
Happy Healthy You
Hope English School
I Have a Voice Community Interest
Impact Living
Irise International
Kyffin Place Community
Leeds Dads
Love Leeds Parks
Oxfam
Peertalk
Prime Time at the Vine
Pudsey Community Project
Reflections Yorkshire CIC
Revival North Yorkshire CIC
School of Nature Building
Selby Community Furniture Store
SERVE
Sethule Orphans Trust UK
Shamba Trust
St Johns Church Day Centre
St Vincents Furniture Project
Standing Tall
Support Art Gardening Education
The Fun Hub
Thornton & Allerton Community Association
Tools for Inner Peace
Turning Point Counselling Service
Umbrella Yoga
Visionaries Collective
Visits Unlimited|**North of England**
**£**
3,000
4,000
3,864
1,000
4,000
5,000
5,000
5,000
4,000
4,990
2,544
4,500
596
5,000
5,000
4,000
3,000
5,000
5,000
4,000
4,000
4,000
5,000
4,000
5,000
5,000
4,000
4,000
5,000
3,000
3,000
5,000
5,000
4,122
138,616|**UK National**
**£**
2,500
2,500|**South Africa /**
**Zimbabwe**
**£**
15,000
5,000
5,000
5,000
30,000|
|---|---|---|---|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 5 April 2025 nor for the year ended 5 April 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024.
continued...
8
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||||**Unrestricted**|
|---|---|---|---|
||||**fund**|
||||**£**|
||**INCOME AND ENDOWMENTS FROM**|||
||Donations and legacies||78,751|
||Investment income||72,282|
||**Total**||151,033|
||**EXPENDITURE ON**|||
||Raising funds||22,073|
||**Charitable activities**|||
||Grants to charitable activities with emphasis on|||
||social reform||158,957|
||Other||11,577|
||**Total**||192,607|
||Net gains on investments||75,902|
||**NET INCOME**||34,328|
||**RECONCILIATION OF FUNDS**|||
||Total funds brought forward||2,761,342|
||**TOTAL FUNDS CARRIED FORWARD**||2,795,670|
|**7.**|**FIXED ASSET INVESTMENTS**|||
||**MARKET VALUE**||**Listed**
**investments**
**£**|
||At 6 April 2024||2,649,111|
||Additions||792,645|
||Disposals||(763,179)|
||Revaluations||(143,427)|
||At 5 April 2025||2,535,150|
||**NET BOOK VALUE**|||
||At 5 April 2025||2,535,150|
||At 5 April 2024||2,649,111|
|||||
||Analysis of investments between UK and other:|2025|2024|
||UK investments|1,321,194|1,653,234|
||Foreign investments|1,213,956|995,877|
||Total investments|2,535,150|2,649,111|
continued...
9
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **7. FIXED ASSET INVESTMENTS - continued**
|Material investments held at the year end|2025|2025|2024|2024|
|---|---|---|---|---|
||Cost|Value|Cost|Value|
|Apple Inc Com|17,774|131,051|17,774|121,019|
|Artemis Corporate Bond|81,237|72,456|81,237|73,464|
|Artemis Income|67,338|73,601|67,338|70,413|
|Astrazeneca|59,252|108,080|59,252|106,200|
|Ballie Gifford Japanese|-|-|82,536|71,299|
|BH Macro|75,063|80,115|75,063|70,140|
|Black rock Sustnbl|68,008|66,833|68,837|66,677|
|Findlay Park American|71,149|69,355|71,149|72,202|
|Guiness Global Equity|71,844|76,641|71,844|73,341|
|Leeds Group PLC|654,897|21,218|654,897|37,344|
|Man GLG Alpha Steel|67,935|77,184|66,204|76,886|
|Microsoft Corp|29,412|83,420|29,412|101,195|
|Royal Dutch Shell|51,191|71,964|58,252|91,740|
|Schroder Us Equity|75,631|102,075|75,631|110,640|
|Smith (DS)|-|-|61,762|55,350|
|Threadneedle|72,460|67,078|-|-|
|UK (GOVT OF) 0.25% 31/07/2031|70,624|71,397|-|-|
|UK (GOVT OF) 0.25%|-|-|66,724|69,502|
|Unilever|24,786|84,473|24,786|69,253|
|Visa Inc Com|-|-|29,403|73,315|
|Wisdomtree Metals Physical|61,930|108,960|61,930|86,190|
The cost of the investments held at 5 April 2025 is £2,830,582.
The valuation of investments held at 5 April 2025 is £2,535,150.
## **8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
## **9.**
|Andrew Wainwright Reform Trust
Tax
Prepayments and accrued income
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 10)
Other creditors|**2025**
**£**
1,712
25,900
1,221
28,833
**2025**
**£**
-
9,776
9,776|**2024**
**£**
127
22,150
1,214
23,491
**2024**
**£**
44,450
9,424
53,874|
|---|---|---|
continued...
10
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **10. LOANS**
An analysis of the maturity of loans is given below:
|Amounts falling due within one year on demand:
Bank overdrafts
**11.**
**MOVEMENT IN FUNDS**
**At 6.4.24**
**£**
**Unrestricted funds**
General fund
2,795,670
**TOTAL FUNDS**
2,795,670
Net movement in funds, included in the above are as follows:
**Incoming**
**Resources**
**resources**
**expended**
**£**
**£**
**Unrestricted funds**
General fund
113,223
(205,992)
**TOTAL FUNDS**
113,223
(205,992)
**Comparatives for movement in funds**
**At 6.4.23**
**£**
**Unrestricted funds**
General fund
2,761,342
**TOTAL FUNDS**
2,761,342
Comparative net movement in funds, included in the above are as follows:
**Incoming**
**Resources**
**resources**
**expended**
**£**
**£**
**Unrestricted funds**
General fund
151,033
(192,607)
**TOTAL FUNDS**
151,033
(192,607)|**2025**
**£**
-
**Net**
**movement**
**in funds**
**£**
(219,078)
(219,078)
**Gains and**
**losses**
**£**
(126,309)
(126,309)
**Net**
**movement**
**in funds**
**£**
34,328
34,328
**Gains and**
**losses**
**£**
75,902
75,902|**2024**
**£**
44,450
**At**
**5.4.25**
**£**
2,576,592
2,576,592
**Movement**
**in funds**
**£**
(219,078)
(219,078)
**At**
**5.4.24**
**£**
2,795,670
2,795,670
**Movement**
**in funds**
**£**
34,328
34,328|
|---|---|---|
continued...
11
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Net**
**movement**
**At 6.4.23**
**in funds**
**£**
**£**
**Unrestricted funds**
General fund
2,761,342
(184,750)
**TOTAL FUNDS**
2,761,342
(184,750)
A current year 12 months and prior year 12 months combined net movement in funds, included in the above a
**Incoming**
**Resources**
**Gains and**
**resources**
**expended**
**losses**
**£**
**£**
**£**
**Unrestricted funds**
General fund
264,256
(398,599)
(50,407)
**TOTAL FUNDS**
264,256
(398,599)
(50,407)|**At**
**5.4.25**
**£**
2,576,592
2,576,592
re as follows
**Movement**
**in funds**
**£**
(184,750)
(184,750)|
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 5 April 2025.
## **13. ULTIMATE CONTROLLING PARTY**
The charity is controlled jointly by its trustees.
## **14. GAINS AND LOSSES ON INVESTMENT ASSETS**
There are a total loss of £126,309 shown on the face of the Statement of Financial Activities. An analysis of these gains/(losses) is shown below.
||Realised|Unrealised|Total|
|---|---|---|---|
|Fixed asset investments|17,118|(143,427)|(126,309)|
|Investment property|-|-|-|
|Total|17,118|(143,427)|(126,309)|
12
Docusign Envelope ID: 9A394AAE-D575-48CF-8476-CDB361D6A540
## **The Scurrah Wainwright Charity**
## **Detailed Statement of Financial Activities for the Year Ended 5 April 2025**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Investment income**
Other fixed asset invest - FII
Other fixed asset inv - UnFII
Deposit account interest
Interest from investments
HMRC interest
**Total incoming resources**
**EXPENDITURE**
**Investment management costs**
Portfolio management
Interest payable
**Charitable activities**
Grants to institutions
**Support costs**
**Management**
Postage and stationery
Sundries
Secretarial services
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net expenditure before gains and losses**
**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset investments
**Net (expenditure)/income**|**2025**
**£**
47,601
34,914
12,316
84
18,081
227
65,622
113,223
22,883
-
22,883
171,116
8
670
6,826
7,504
130
4,359
205,992
(92,769)
(126,309)
(219,078)|**2024**
**£**
78,751
46,562
6,232
222
19,266
-
72,282
151,033
21,998
75
22,073
158,957
134
134
6,384
6,652
125
4,800
192,607
(41,574)
75,902
34,328|
|---|---|---|
This page does not form part of the statutory financial statements
13