## **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|