2025-10-06-accounts

Trustees’ Annual Report for the period

From 07 October 2024 To 06 October 2025

Charity name: The Linley Shaw Foundation Charity registration number: 1034051

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objects of the trust are to apply the income for the benefit of such charitable objects as the Trustees shall decide and whose objects include the conservation, preservation and restoration of the natural beauty of the countryside of the United Kingdom
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	In furtherance of the charity’s objects for the public benefit the trustees provide grants.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	In determining the charity’s activities, the trustees have had regard to the Charity Commission’s guidance on public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	During the year under review the charity made grants to the following charities totalling £97,650. • Lake District Foundation (£28,187) • Friends Of The Earth Charitable Trust (£28,187) • Avon Needs Trees (£20,638) • Group For Recycling In Argyll And Bute Trust Limited (£20,638)

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	In addition to the free reserves the charity has bank balances of £12,941 (2024: £17,353) and investments valued at £2,118,071 within the expendable endowment fund which can be released to support the activities of the charity.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.
Amount of reserves held	Para 1.22	At the end of the reporting period the charity had free reserves of £12,366 (2024: £67,094).
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	No funds in deficit
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
		Expendable endowment funds are those which are required to be invested toproduce

Other		income, but which may be transferred to
		unrestricted funds at the discretion of the
		trustees in order that they may be expended
		in furtherance of the charity’s objectives.
		Unrestricted income funds are available for
		use at the discretion of the trustees in
		furtherance of the general objectives of the
		charity and which have not been designated
		for other purposes.

Other		income, but which may be transferred to unrestricted funds at the discretion of the trustees in order that they may be expended in furtherance of the charity’s objectives. Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Structure, Governance and Management
Description of charity’s trusts:
Type of governing document	Para 1.25	Trust deed dated 31 December 1993
How is the charity constituted?	Para 1.25	Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are appointed by the trustees from time to time.

Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about: Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow Trust Company Ltd was paid £8,488 (2024: £8,455) for trust administration and cash management fees during the year under review. These fees are authorised under clause 14 of the trust deed. Other Reference and Administrative details	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about: Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow Trust Company Ltd was paid £8,488 (2024: £8,455) for trust administration and cash management fees during the year under review. These fees are authorised under clause 14 of the trust deed. Other Reference and Administrative details
Charity name	The Linley Shaw Foundation
Other name the charity uses	None
Registered charity number	1034051
Charity’s principal address	Ludlow Trust Co Ltd, Tower Wharf, Cheese Lane, Bristol, BS2 0JJ

Names of the charity trustees who manage the charity

1 2 3	Trustee name Ludlow Trust CompanyLimited	Office (if any)	Office (if any)	Dates acted if not for whole year	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Corporate trustees–names of the directors at the date the report was approved Director name GarySt John Collins Walter Duncan Coxon Ali Reza Sarikhani Ziba Christina Sakine Sarikhani Christopher Ian Thurlow Matthew John Wickers John Stephen Dennis (Resigned 25/10/2024)
	Director name
	GarySt John Collins
	Walter Duncan Coxon
	Ali Reza Sarikhani
	Ziba Christina Sakine Sarikhani
	Christopher Ian Thurlow
	Matthew John Wickers
	John Stephen Dennis		(Resigned 25/10/2024)

Name of trustees holding title to property belonging to the charity

Trustee name	**Dates acted if not for whole year **
Funds held as custodian trustees on behalf of		others
Description of the assets held in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser	Name	Address
Investment Managers	NatWest	2nd Floor, Trinity Quay II, Avon Street, PO Box 3138, BRISTOL, BS2 2DH
Bankers	NatWest	2nd Floor, Trinity Quay II, Avon Street, PO Box 3138, BRISTOL, BS2 2DH
Accountants	Charter Tax Consulting Limited	8th Floor, 1 Southampton St, London WC2R 0LR
Independent Examiner	Katie Wilson	Blue Spire Limited, Cawley Priory, South Pallant, Chichester, PO19 1SY

Name of chief executive or names of senior staff members (Optional information) ~~Pe~~

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

~~Ot~~

Declarations The trustees declare that they have approved the trustees’ report above. on behalf of the charity’s trustees Signature(s) ~~a~~ Full name(s) Chris Thurlow Position (eg Secretary, On behalf of Ludlow Trust Chair, etc) ~~Sa~~ Company Limited (Trustee) ~~o~~ Date 25 March 2026 ~~Pp~~

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

1034051 The Linley Shaw Foundation
CC16a Receipts andpayments accounts
07/10/2024 06/10/2025 Period start date Period end date To For the period from
Section A Receipts and payments
Unrestricted funds Restricted funds Endowment funds Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Income From Investments 40,890 - - 40,890 52,679 Interest Received 2,701 - - 2,701 2,113 - - - - - - - - - - Sub total(Gross income for AR)43,591 - - 43,591 54,792 ~~=== ==~~
A2 Asset and investment sales, (see table). Sale Of Investments - - 729,631 729,631 1,733,891 - - - - - ~~Sub total~~- - 729,631 729,631 1,733,891 Total receipts 43,591 - 729,631 773,222 1,788,683 ~~=———~~
A3 Payments
Grants Awarded 97,650 - - 97,650 - Investment Manager Fees - - 9,329 9,329 8,664 Trust Administration Fees 8,400 - - 8,400 8,400 Cash Management Fees 88 - - 88 55 AccountancyFees 600 - - 600 - Independent Examiners Fees - - - - 780 - - - - - Sub total 106,738 - 9,329 116,067 17,899 ~~=—=====~~
A4 Asset and investment purchases, (see table) Investment Purchases - - 716,295 716,295 1,712,332 - - - - Sub total - - 716,295 716,295 1,712,332 Total payments 106,738 - 725,624 832,362 1,730,231 ~~==——~~
Net of receipts/(payments) - 63,147 - 4,007 - 59,140 58,452 A5 Transfers between funds 8,419 - 8,419 - - A6 Cash funds last year end 67,094 17,353 84,447 25,995 Cash funds this year end 12,366 - 12,941 25,307 84,447 ~~==>—>=~~

CCXX R1 accounts (SS)

25/03/2026

1

Section B Statement of assets and liabilities at the end of the period

			Unrestricted Restricted		Endowment
Categories	Details		funds funds		funds
			to nearest £ to nearest £		to nearest £
B1 Cash funds	- - 12,941 12,366 - - - - - 12,366 - 12,941 Total cash funds Capital Account Income Account ~~SEE~~
	(agree balances with receipts and payments	(agree balances with receipts and payments
	account(s))		OK OK		OK
			Unrestricted Restricted		Endowment
			funds funds		funds
	Details		to nearest £ to nearest £		to nearest £
B2 Other monetary assets	- - - - - - - - - - - - - - - - - - ~~===>~~
	Details		Fund to which asset belongs Cost (optional)		Current value (optional)
B3 Investment assets	Endowment - 2,118,071 - - - - - - - - Investment Portfolio ~~—_==—~~
B4 Assets retained for the charity’s own use	Fund to which asset belongs Cost (optional) Current value (optional) - - - - - - - - - - - - - - - - - - Details ~~===>~~
			Fund to which Amount due		When due
B5 Liabilities	liability relates (optional) (optional) - - - - Details ~~===~~
Signed by one or two trustees on behalf of all the trustees	Signature		Print Name		Date of approval
			Chris Thurlow on behalf of Ludlow		25 March 2026
			Trust CompanyLtd(Trustee)

CCXX R2 accounts (SS)

25/03/2026

2

Independent Examiner's Report to the Trustees of The Linley Shaw Foundation

I report to the charity trustees on my examination of the accounts of the charity for the year ended 06 October 2025.

Responsibilities and basis of report

As the charity’s trustees 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 charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the 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 charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.

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.

Katie Wilson FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY

Date 26 March 2026

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