Wallace Bell Charitable Trust
40 Blundell Avenue Horley Surrey RH6 8AY
Charity No. 1018777
Annual Report for Year Ending 31st December 2025
The object of the Trust is to provide assistance to the elderly, the physically and mentally disabled and children in need.
During 2025, the Trust, once again, received an unparalleled number of requests from various organisations and individuals.
Those selected to receive grants included:
The British Wireless for the Blind, St Catherine’s Hospice in West Sussex, The Bren Project, Child Autism UK, Headway Surrey, the Kingswood Trust, Climbing Out, Incredible Kidds and The Rossendale Trust. We also continued to support Food Banks in Milton Keynes, Reigate and Redhill in Surrey and Crawley in West Sussex.
Overseas grants included:
Education for the Children in Guatemala, Safe Child Thailand, Jacaranda UK, Kids Club Kampala, Porridge & Pens, Forever Angels, and New Life Nyambene.
Trustees:
Judith M Illman. (Chair) Ian R. W. Bell. Drew G.D. Illman. Mark J.R. Illman. Scott A.W. Illman. Euan Houghton-Bell.
Wallace Bell Charitable Trust Accounts for Year Ending 31.12.2025
| Income M & G (Charifund) COIF Black Rock (Bond Fund) Black Rock (Equity Fund) Murray Income Trust Temple Bar Investment Trust ABRDN Diversified Income ABRDN Share Restructure Capital Refund Generated Bank Interest Total Income £ Expenditure Charitable Grants Postage, Print & Stationery Costs Accountancy Computer Repair Total Expenditure £ Excess of Income Over/ (Under)Expenditure £ |
2025 £ 19.566.16 574.33 844.48 5,938.62 1,740.00 3,063.75 773.39 9,796.21 42,296.94 £ 42,779.87 409.58 150.00 43,339.45 £ (1,042.51) £ |
2024 £ 18,634.44 559.24 831.37 6,074.40 1,674.75 2,311.25 2,469.68 19,641.52 38.47 52,235.12 36,223.69 264.59 150.00 100.00 36,738.28 15,496.84 |
|---|---|---|
Wallace Bell Charitable Trust
Funds Held @ 31st December 2025
| 31/12/ 2025 Investments: Market Value £ M & G Charifund 357,686 Black rock (Equity Fund) 145,741 Black Rock (Bond Fund) 27,663 COIF 19,562 Murray Income Trust 35,716 Temple Bar Investment Trust 81,377 ABRDN 13,612 16,622 Less Capital Refund 9,796 £ 681,357 £ Current A/C Opening Balance 36,506 Excess of Income Over/(Under) Expenditure (1,043) Closing Balance 35,463 Total Funds Held £ 716.820 |
31/12/24 Cost Market Value Cost £ £ £ 273,619 304,859 273,619 194,700 143,536 194,700 6,634 24,558 6,634 6,500 20,545 6,500 22,875 33,148 22,875 29,444 58,480 29,444 22,359 36,264 6,826 19,642 16,622 540,598 £ 609,477 £ 550,394 21,009 15,497 36,506 £ 645,983 |
31/12/24 Cost Market Value Cost £ £ £ 273,619 304,859 273,619 194,700 143,536 194,700 6,634 24,558 6,634 6,500 20,545 6,500 22,875 33,148 22,875 29,444 58,480 29,444 22,359 36,264 6,826 19,642 16,622 540,598 £ 609,477 £ 550,394 21,009 15,497 36,506 £ 645,983 |
|---|---|---|
| 550,394 |