,
BURFORD CHARITIES
THE BURFORD RELIEF IN NEED CHARITY
Report and Financial Statements
Year Ended 31 December 2025
Charity no: 1036378
BURFORD RELIEF IN NEED CHARITY REPORT OF THE TRUSTEES
31 DECEMBER 2025
Charity Registered Numbers: 1036378
EX OFFICIO
The Reverend Tom Putt
NOMINATIVE TRUSTEES (Town Council)
Mrs J Tunnell-Westmacott Mr D Cohen
CO-OPTED TRUSTEES
Mr N Street Mrs P Barraclough Mr D P Griffin FCA (Chairman)) Mr J . Harrington (Deceased December 2025) Mrs S Doris Mr C G Williams Mr D Lawton (Treasurer ) Mrs K Gadd
HONORARY SECRETARY
Mrs A Youngson Whitehill Farm Burford Oxon, OX18 4DT
BANKERS
TSB Bank plc, 13, High Street, Witney, Oxon, OX28 6PH
INDEPENDENT EXAMINER
BL Connolly ACA Arubus Chartered Accountants
The Old Smithy, Stockton's Courtyard Overbury Glos GL20 7NT
THE BURFORD RELIEF IN NEED CHARITY
31 DECEMBER 2025
REPORT OF THE TRUSTEES (CONTINUED)
The trustees present their Annual Report and Receipts and Payments Accounts for the year ended 31 December 2025
Charitable Status
The Burford Relief in Need Charity is administered under a trust deed (Charity Commission reference 238,130 A/2) dated 20 February 1992.
Objectives and Activities
The main activity of the charity is in Burford with an area of benefit within a seven mile radius of the Tolsey in Burford. The Burford Relief in Need Charity provides financial assistance in case of need, and educational assistance to help recipients earn a living and to promote the relief of sickness and the preservation of health among people living in the area of benefit.
----- Start of picture text -----
,
----- End of picture text -----
Principal Address
The principal address is:
Whitehill Farm
Burtord Oxon OX18 4DT
Tel: 01993-822894
Trustees
In accordance with the scheme approved by the Charity Commissioners, nominated trustees appointed by the Burford Town Council, serve for a term of four years. Co-opted trustees are appointed for a term of five years by a resolution of the trustees passed at a special meeting of the Trustees. When vacancies arise, local persons are invited by the trustees to become co-opted trustees. New trustees are briefed before their appointment is confirmed.
Meetings
The trustees held four ordinary meetings during the year.
It is with great sadness that we record the death of John Harrington a valued and committed trustee. John was a keen sportsman and enjoyed travel with his wife Jacky. His core competence was marketing, advertising and sponsorships. He used these to create /establish "Time Out",a local community group supporting elderly people living alone. John soon recruited volunteers to facilitate and support attendance and this facility quickly became a major draw for 30 people in the vicinity. It was a major event every Monday for many and John was front and centre of this initiative. He will be sorely missed in Burford and the surrounding areas. Jacky has agreed to continue the "Time Out " initiative and we wish her all the best in her efforts which we are proud to support.
THE BURFORD RELIEF IN NEED CHARITY REPORT OF THE TRUSTEES (CONTINUED)
31 DECEMBER 2025
Investment powers
The trustees have no special investment powers. Accordingly, investments are confined to natrower-range securities and common investment schemes. Cash surplus to immediate requirements is invested in the COIF Charities Deposit Fund. The Charity developed specific guidelines for investment of the proceeds of sale of the Shilton Road as set out below: Guidelines for Investment of proceeds from sale of Shilton Land 1) Considered to be a long term investment with time horizon of 7-10 years. 2) Capital preservation as a minimum requirement but preferably with growth around inflation rate 3) Main driver is income in the range of 3-5% per annum on capital base of 1.1 mio. 4) Diversified portfolio both in terms of sector (mainly defensive stable equities), and geography (some exposure to Far East for its growth potential) with less exposure to US. Liquidity remains relevant so no altemative investments. 5) Simplicity of distributions for accounting purposes (pooled funds). 6) Fund management type- some index tracking and passive management. Too much emphasis on active management can lead to higher costs and complexity of transactions.
Avoid non-sustainable non-ethical investments. 7) Charges should be no more than 1%.
Following the closure by the Health Authority of the Burford Cottage Hospital, the assets of the Burford Health Care Fund were transferred to the Burford Relief in Need Charity. Consequently, the Charity Commissioners on 15 July 2005 approved the alteration of the Scheme dated 20th February 1992 to include the relief of sickness and the preservation of health among people residing in the area of benefit. This has enabled the trustees to make grants to promote good health and assist those physically handicapped as well as assisting in education needs and helping those in financial need.
The charity does not employ any staff. The charity is administered by the trustees who do not charge for their services.
The trustees have had regard to the guidance issued by the Charity Commission on public benefit.
Achievements and Performance
The Burford Relief in Need Charity continued to give assistance to relieve hardship and distress, for educational purposes and for health care. Grants for the year totalled £6,836 of which £2,566 was a payment towards the running costs of the Time Out centre at Warwick Hall.
31 DECEMBER 2025
THE BURFORD RELIEF IN NEED CHARITY REPORT OF THE TRUSTEES (CONTINUED)
Financial Review
As at 31 December 2025, the market value of investments of the Unrestricted Fund amounted to £240,665 whilst the market value of the Endowment Fund investments was £145,261. The trustees agreed that based on the increase in funds held in current account that 3 fixed one year term deposits should be made with Building Societies and these were renewed at maturity with an additional £20,000 added. Currently the three bonds expiring in 2026 total approx £236,560
The Charity’s policy on reserves is to retain funds so as to support the operation of the new Day Centre for the elderly and meet any contingencies that might arise for assisting people in need, for the preservation of health and to assist the education costs of students.
Plans for Future Periods
Having provided grants of £200,000 over 2015 and 2016 towards the building, fitting out and furnishings of a new day centre to replace the facility lost when the Burford Cottage Hospital was closed, the trustees continue to assist in funding some of the costs commensurate with the Relief In Need Charity objectives and activities. The day centre is now operating, so the Relief in Need Charity is assisting in supporting some of the running costs out of its income.
31 DECEMBER 2025
THE BURFORD RELIEF IN NEED CHARITY REPORT OF THE TRUSTEES (CONTINUED)
Statement oftrustees’ responsibilities
Charity Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charities and of the surplus or deficit of the charities for that period. In preparing those statements, the trustees are required to:
. select suitable accounting policies and then apply them consistently:
. make judgements and estimates that are reasonable and prudent;
. State whether applicable accounting standards have been followed,
subject to any material departures disclosed and explained in the financial statements, and;
- . prepare the financial statements on a going concern basis unless
it is inappropriate to presume that the charities will continue
- in operational existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charities and to enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008.
They are also responsible for safeguarding the assets of the charities and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Professional advisers and relevant organisations
Details of professional advisers and other relevant organisations are provided at the front of these accounts.
The Trustees financial adviser is Progressive Strategic Solutions LLP, The Granary, Steadings Business Centre, Church Road, Maisemore, Gloucestershire, GL2 8EY who is authorised by the Financial Conduct Authority.
Independent Examiner
Mrs B L Connolly was first appointed as the charity’s independent examiner in 2014. The trustees intend to invite Mrs B L Connolly to undertake the independent examination of the trusts for the financial year to 31 December 2026.
Approved by the Trustees on 12" March 2026 and signed on their behalf by:
----- Start of picture text -----
a
D Griffin
Chairman of the Trustees
----- End of picture text -----
snug Charity Name No (if any) ‘ é The Burford Relief in Need Charity 1036378 Receipts and payments accounts CC16a ABoeSee : ; For the period Period start date To Period end date from 01-Jan-25 31-Dec-25 Unrestricted 2 Endowment funds Restricted funds funds Total funds Last year tothenearest £ to the nearest& to the nearest£ to the nearest£ to the nearest£ A1 Receipts RentsfromlandSSs—~—“—sSCSsSSSSC“‘CS;SNC2 eeeOOOCdrliOOCOC“‘(‘#SN’N’N’NNNNC C UT’SC—C;‘“‘(W-d‘SC([ 2000] [[2,000] | maee eda | e eed LL 22,703 Other income Overage Shilton Road a] |es |er |Reser: |reer aee a ae a Sub total (Gross income for AR) |—— --| -- A2 Asset and investment sales, see table). Cefinterestcompounded Saffron ————Ss|cll ~——SSSCSC«S«88D fC[_isco}[Cd sd ub total] __1,560| | 1,560) 350,000 EducationA3 Payments grants —S—Ss—C—CSYSCSSS JI!"] LD—- «dE[SSCS] ES J] [800 imu os Ld Ld| (Granttowardsnewdaycentre—~—S~=~iSC(‘(CSgees {CCCeSCdTL |[TCC] «dE[86]][[2,300] 4,000 aia. Sh ea Le| ae... it. PYaut eS 8] Ls iGeneralexpensesSSCS~—~—SCSSCSCSS SSS dC lAccountancyfeesSSSSs™—é—<“—S™C~dSC~“‘(CS™! dLCYTSCC‘CCYC| TTT 886|| Paid to Almshouse for PropertyPurchase | ——Ss«4{{| SSC dE TCC TT 360,000 Subtotal]7st A4 Asset and investment erL} ict > eee eee Ye ree ear | Do PTE: as Subtotal]|| asactibictes1 ote[betweenfunds] [| | AS[Transfers] Net ofreceipts/(payments) 21,479 A6 Cash funds last year end ce Oe Cash funds this year end
CCXX R7 accounts (SS)
t
16/03/2026
----- Start of picture text -----
Section B Statement of assets and liabilities at the end of the period
Categories Unrestricted Restricted Endowment
Details funds funds funds
to nearest£ to nearest£ to nearest £
(agree balances with receipts and payments account(s))
Unrestricted Restricted Endowment
funds funds funds
Details to nearest£ to nearest£ to nearest £
-an =—
Details Fundasset belongsto which Cost (optional)P Currentoptional value
Common investment funds 46,299 | 146,621 |
Common investment funds Unrestricted fund 175,770 240,665
Embark investments (Shilton Road proceeds) 612,954 676,785
Brewin Dolphin Investments Endowment = | 134,830 | 173,244
|
Details Fund to which Cost (optional) Current value
asset belongs petra (i optional
.
Details Fund to which Amount due When due
=: —=liability relates =optional optional
Signed by one or two trustees on behalf \Signature pave Nemes Date of
of all the trustees Ss5 approval
CCXX es <) Pee DP Grit Leacraceeeecs|vr\sa \ed
R8 accounts (SS) — 1070372026
as
----- End of picture text -----
independent examiner's report on the accounts
Report to the trustees/ members of The Burford Relief in Need Charity
On accounts for the year ended 31 December 2024
Charity no 1036378
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
e examine the accounts under section 145 of the Charities Act,
e to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
e to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention
- which gives me reasonable cause to believe that in, any material respect, the requirements:
e to keep accounting records in accordance with section 130 of the Charities Act; and e to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in orderto enable a proper understanding of the accounts to be reached.
----- Start of picture text -----
/
AS /
Name:|Mrs Bonnie Connoll
----- End of picture text -----
Relevant professional qualification(s) or ink body (if any):ACA
Address:}Arubus Accountants The Old Smithy, Stockton's Courtyard, Overbury, Gloucestershire, GL20 7NT