## **THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
**UNAUDITED ACCOUNTS AND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 25 FEBRUARY 2025**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **CONTENTS**
||**Page**|
|---|---|
|Legal and Administrative Information|**1**|
|Report of the Trustees|**2 - 3**|
|Independent Examiner’s Report|**4**|
|Statement of Financial Activities|**5**|
|Statement of Financial Position|**6**|
|Notes to the Accounts|**7 - 11**|
|Grants Made|**12**|
|Schedule of Stocks and Shares and Dividends|**13 - 14**|
|Fixed Asset Investments|**16**|
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **LEGAL & ADMINISTRATIVE INFORMATION**
The Trust was set up under the terms of the Will of Mrs Marjorie Jones dated 16 December 1994. Probate was granted out of the Bristol District Registry on 9 October 1995 to the Executors, who are also the Trustees of the Trust:
|Trustees|Nigel James Wollen|
|---|---|
||William Fenton Coplestone Boughey|
||Katrina Vollentine|
|Registered address|At Harbourside|
||67 The Terrace|
||Torquay|
||Devon|
||TQ1 1DP|
||Tel: 01803 213251|
|Solicitors|Wollens|
||At Harbourside|
||67 The Terrace|
||Torquay|
||Devon, TQ1 1DP|
|Independent examiner|Sean R Smith FCA|
||Westcotts|
||Chartered Accountants|
||Petitor House|
||Nicholson Road|
||Torquay|
||Devon, TQ2 7TD|
|Investment advisors|Parmenion Capital Partners LLP|
||Aurora|
||Counterslip|
||Bristol|
||BS1 6BX|
The Trustees’ investment powers and their authority is derived from the Will of the Testatrix.
There are no restrictions imposed concerning the way in which the Charity can operate.
**Page 1**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 25 FEBRUARY 2025**
## **Structure, governance and management**
The Charity was set up as a Trust under the Will of Mrs Rose Marjorie Jones who died on 25 August 1995.
The current Trustees, as detailed on page 1, include Trustees appointed by the Will. The Trustees have the power to appoint additional Trustees up to a maximum of four in number.
Day-to-day administration of the Trust is dealt with by Wollens, a firm of solicitors to which Katrina Vollentine is a partner.
## **Objectives and activities**
The Charity referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing its aims and objectives and in planning its future activities.
The Trustees have power to invest in such shares, stocks, funds, securities, land, buildings, chattels or other investments or property of any nature and in any part of the world and whether involving liabilities or producing income or not as in their absolute discretion think fit. It is the Charity’s policy to invest in quoted shares and government stocks, using Paradigm Norton Financial Planning as investment advisors.
The Trustees can utilise both capital and income towards such charitable purposes as they think fit, including donations to charitable institutions. The Testatrix left a note with her Will to the effect that the Pecuniary Legatees (Charitable) should also be considered for further donations and also the non-charitable Pecuniary Legatees should also be provided for if necessary and if the law permitted.
For a period of 21 years from the date of death, the Trustees may accumulate all or part of the income of the Trust with the right to apply all or part of such income in any subsequent years.
The Trustees have a right to accept additional monies into the Trust and to appeal for donations, subscriptions, covenants, sponsorships and legacies.
## **Achievements and performance**
It is the Charity’s policy to meet applications for donations principally from charities operating within Torbay, Devon and the South West. The Trustees met twice during the year and charitable donations totalling £25,470 have been made in the year ended 25 February 2025.
## **Financial review**
The Trust’s income is principally derived from dividends and interest on its investments.
The Trustees have adopted an investment policy of investing to achieve capital growth rather than income, utilising capital growth to supplement income to cover grants made.
Of the Trust’s total expenditure, 63% was applied to charitable donations and 37% in meeting management and administration costs. Of the total expenditure, 15% was covered by the current year’s income and the remaining 85% was covered by capital.
The assets of the Trust have shown an increase of around £660,600 from the date the Trust commenced.
**Page 2**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 25 FEBRUARY 2025**
## **Risk assessment**
The Trustees have reviewed the major risks to which the charity is exposed and systems have been put in place to mitigate those risks. The principal risk lies in investment performance and to mitigate that risk the Trustees have given discretionary power to professional investment managers.
## **Reserves policy and going concern**
The reserves are made up of the investments, from where the income is derived. Therefore, it is at the Trustees discretion to maintain sufficient reserves to generate adequate income each year.
Whilst the Trust holds the managed portfolio of investments, it will continue as a going concern, as the income and gains generated dictates the charitable payments each year.
## **Plans for the future**
The Trustees plan to continue managing the Trust’s funds responsibly and to continue supporting a wide variety of charities within its stated spheres of interest.
**Katrina Vollentine** ………………………………… Trustee
**Page 3**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 25 FEBRUARY 2025**
I report on the accounts of the Trust for the year ended 25 February 2025, which comprise the Balance Sheet, Statement of Financial Activities and the related notes.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees, you are responsible for the preparation of the accounts. You consider that the audit requirement of section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is my responsibility to examine the accounts under section 145 of the Act, to follow procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act and to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (i) which gives me reasonable cause to believe that in any material respect the requirements: − to keep accounting records in accordance with section 130 of the Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **S R Smith (FCA) of Westcotts Chartered Accountants**
Independent Examiner
Petitor House Nicholson Road Torquay Devon TQ2 7TD
12 December 2025
**Page 4**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 25 FEBRUARY 2025**
|**Total**
**Unrestricted Restricted**
**Funds**
**Funds**
**Funds**
**2025**
**£**
**£**
**£**
**INCOME**
Investment income
29,388.08
-
29,388.08
______________
________
_______________
**Total income**
29,388.08
-
29,388.08
______________
________
_______________
**EXPENDITURE**
Charitable expenditure (page 12)
27,000.00
-
27,000.00
Support costs (page 10)
33,077.99
-
33,077.99
_______________
________
_______________
**Total expenditure**
60,077.99
-
60,077.99
_______________
________
_______________
**Net outgoing resources**
**for the year**
(30,689.91)
-
(30,689.91)
**Other recognised gains and losses**
Realised gains on investments
263,681.87
-
263,681.87
Unrealised gains on
investments
(160,659.93)
-
(160,659.93)
__________________
_______
________________
**Net movement in funds**
72,332.03
-
72,332.03
Total funds brought forward
1,471,811.81
-
1,471,811.81
__________________
_______
__________________
**Total funds carried forward**
£ 1,544,143.84
- £ 1,544,143.84||
|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All Income and expenditure derive from continuing activities.
**Page 5**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **STATEMENT OF FINANCIAL POSITION AS AT 25 FEBRUARY 2025**
|**2025**
**£**
**FIXED ASSETS**
Investments (page 13 – 15)
1,470,373.44
**CURRENT ASSETS**
Cash at bank
90,486.40
__________________
90,486.40
**CURRENT LIABILITIES**– payable within one year
Creditors and accruals
6,716.00
__________________
**NET CURRENT ASSETS**
83,770.40
__________________
**NET ASSETS**
£ 1,554,143.84
__________________
**FUNDS**
**Unrestricted**
Capital
£ 1,544,143.84
___________________
£ 1,544,143.84
|**2024**
**£**
1,440,322.50
37,450.31
___________________
37,450.31
5,961.00
___________________
31,489.31
___________________
£ 1,471,811.81
___________________
£ 1,471,811.81
___________________
£ 1,471,811.81
|
|---|---|
These financial statements were approved by the board of trustees and authorised for issue on 11 December 2025 and signed on their behalf of the board by:
**Katrina Vollentine** …………………………………… Trustee
**Page 6**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
**REGISTERED CHARITY NO. 1051031**
## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 FEBRUARY 2025**
## **1. General information**
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is At Harbourside, 67 The Terrace, Torquay, TQ1 1DP.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the trust's ability to continue.
## **Disclosure exemptions**
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the disclosure exemptions available and therefore, no cash flow statement has been presented for the Trust.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
**Page 7**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 FEBRUARY 2025**
## **3. Accounting policies** _**(continued)**_
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the Board of Trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the Board of Trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the trust and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- Legacy income is recognised when receipt is probable and entitlement is established.
- Commission rebates, dividends and interest receivable are included in the financial statements when they are received.
- Taxation recoverable is included in the financial statements as the entitlement to recover accrues.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- Charitable expenditure comprises grants to eligible charities.
**Page 8**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 FEBRUARY 2025**
## **3. Accounting policies** _**(continued)**_
## **Financial instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities.
**Page 9**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 FEBRUARY 2025**
|**4.**|**Support costs**|**Unrestricted**|**Funds**|
|---|---|---|---|
|||**2025**|**2024**|
|||**£**|**£**|
||Legal fees|11,905|11,351|
||Portfolio management fees|17,465|15,685|
||Independent examination fees|3,708|3,600|
|||__________|___________|
|||£ 33,078|£ 30,636|
|||__________|___________|
|**5.**|**Independent examination fees**|||
|||**2025**|**2024**|
|||**£**|**£**|
||Fees payable to the independent examiner for:|||
||Independent examination of the financial statements|1,854|1,800|
||Accountancy fees|1,854|1,800|
|||_________|_________|
|||£ 3,708
_________|£ 3,600
_________|
## **6. Staff note**
There were no employees during the year (2024 – nil).
## **7. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the trust or a related entity were received by the Board of Trustees (2024 – nil).
## **8. Fixed asset investments**
The managed investment portfolio is detailed on pages 13 to 15.
## **9. Creditors – payable within one year**
||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|Accruals|6,716|5,961|
||_________|_________|
||£ 6,716
_________|£ 5,961
_________|
**Page 10**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 FEBRUARY 2025**
## **10. Analysis of charitable funds**
**Unrestricted funds** – These funds are held to continue the objectives of the Trust.
|At
Recognised
26 February
Gains and
2024
Income
Expenditure
Losses
**£**
**£**
**£**
**£**
Unrestricted Funds £ 1,471,811.81 £ 29,388.08 £ 60,077.99
£ 103,021.94
_________________
______________
______________
_______________|**At**
**25 February**
**2025**
**£**
£1,544,143.84
__________________|
|---|---|
The unrestricted funds are held in investments from where the income is derived which is used to fulfil its charitable objectives.
## **11. Analysis of net assets between funds**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2025**|
||£|£|**£**|
|Investments|1,470,373.44|-|1,470,373.44|
|Current assets|90,486.40|-|90,486.40|
|Creditors less than 1 year|(6,716.00)|-|(6,716.00)|
||_________________|_______|_________________|
|**Net assets**|£ 1,554,143.84
_________________|£ -
_______|£ 1,554,143.84
_________________|
## **12. Related parties**
One Trustee, Katrina Vollentine, is a partner with the firm of solicitors Wollens which provides administration and management services to the Trust, for which charges for the year were made of £11,905.00 inclusive of VAT.
**Page 11**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **GRANTS MADE FROM THE INCOME OF THE TRUST FOR THE YEAR ENDED 25 FEBRUARY 2025**
|||**£**|
|---|---|---|
|Oct-2024|BIBIC|2,000|
||Dementia UK|1,000|
||Rowcroft Hospice|2,000|
||International Dendrology Society|2,000|
||Happy Days|1,000|
||The Woodland Trust|1,500|
||British Wireless for the Blind Fund|1,000|
||The Island Trust Limited|1,000|
||Dartmouth Caring|2,000|
||Hearing Dogs for Deaf People|2,000|
||North Dartmoor Search and Rescue Team|1,000|
||Siblings Together|1,500|
||Changing Faces|1,000|
||Cued Speech Association UK|1,000|
||British Disabled Angling Association|1,000|
||Bovey Tracey Youth Café|2,000|
||Dartmouth AFC Swifts|1,000|
||Mid Devon Mobility|1,500|
||Gifted Women|500|
||Samaritans|500|
||Torbay Scrapstore CIC|500|
|||___________|
|||£ 27,000
___________|
**Page 12**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **SCHEDULE OF STOCKS AND SHARES AND DIVIDENDS RECEIVED FOR THE YEAR ENDED 25 FEBRUARY 2025**
|**Investment**
iShares Env & Low Carbo
Tilt Real Estate Idx Fund
(previously Blackrock FM Ltd)
Dimensional Funds ICVC
Global Short-dated Bond
Inc Nav
Dimensional Funds Emerging
Markets value GBP Dis
Dimensional Funds Global
Small Cos Inc Nav
Dimensional Global Value
Fund GBP Distributing
Carried forward…|Value at which transferred 25.8.95 from the estate
of Mrs R M Jones, or subsequent cost
**Balance**
**Nominal**
**at 26.2.24 Acquisitions**
**Disposals**
129,854.0050
114,580.16
451.2190
475.67
(130,305.2240)
140,405.73
_________________
0.0000
_________________
25,547.2330
301,085.68
708.4290
8,047.15
(26,255.6620)
301,000.83
_________________
0.0000
________________
2,212.3340
43,626.12
43.0650
912.91
(152.8800)
3,190.50
_______________
2,102.5190
_______________
4,588.1620
81,472.44
100.2540
2,744.75
(523.2380)
15,369.03
_______________
4,165.1780
_______________
7,557.4900 124,431.38
25.7820
458.40
(782.6550)
13,889.53
________________
6,800.6170
________________
________________ _______________ ________________
665,195.78
12,638.88
473,855.62|Value at which transferred 25.8.95 from the estate
of Mrs R M Jones, or subsequent cost
**Balance**
**Nominal**
**at 26.2.24 Acquisitions**
**Disposals**
129,854.0050
114,580.16
451.2190
475.67
(130,305.2240)
140,405.73
_________________
0.0000
_________________
25,547.2330
301,085.68
708.4290
8,047.15
(26,255.6620)
301,000.83
_________________
0.0000
________________
2,212.3340
43,626.12
43.0650
912.91
(152.8800)
3,190.50
_______________
2,102.5190
_______________
4,588.1620
81,472.44
100.2540
2,744.75
(523.2380)
15,369.03
_______________
4,165.1780
_______________
7,557.4900 124,431.38
25.7820
458.40
(782.6550)
13,889.53
________________
6,800.6170
________________
________________ _______________ ________________
665,195.78
12,638.88
473,855.62|Value at which transferred 25.8.95 from the estate
of Mrs R M Jones, or subsequent cost
**Balance**
**Nominal**
**at 26.2.24 Acquisitions**
**Disposals**
129,854.0050
114,580.16
451.2190
475.67
(130,305.2240)
140,405.73
_________________
0.0000
_________________
25,547.2330
301,085.68
708.4290
8,047.15
(26,255.6620)
301,000.83
_________________
0.0000
________________
2,212.3340
43,626.12
43.0650
912.91
(152.8800)
3,190.50
_______________
2,102.5190
_______________
4,588.1620
81,472.44
100.2540
2,744.75
(523.2380)
15,369.03
_______________
4,165.1780
_______________
7,557.4900 124,431.38
25.7820
458.40
(782.6550)
13,889.53
________________
6,800.6170
________________
________________ _______________ ________________
665,195.78
12,638.88
473,855.62|Value at which transferred 25.8.95 from the estate
of Mrs R M Jones, or subsequent cost
**Balance**
**Nominal**
**at 26.2.24 Acquisitions**
**Disposals**
129,854.0050
114,580.16
451.2190
475.67
(130,305.2240)
140,405.73
_________________
0.0000
_________________
25,547.2330
301,085.68
708.4290
8,047.15
(26,255.6620)
301,000.83
_________________
0.0000
________________
2,212.3340
43,626.12
43.0650
912.91
(152.8800)
3,190.50
_______________
2,102.5190
_______________
4,588.1620
81,472.44
100.2540
2,744.75
(523.2380)
15,369.03
_______________
4,165.1780
_______________
7,557.4900 124,431.38
25.7820
458.40
(782.6550)
13,889.53
________________
6,800.6170
________________
________________ _______________ ________________
665,195.78
12,638.88
473,855.62|Value at which transferred 25.8.95 from the estate
of Mrs R M Jones, or subsequent cost
**Balance**
**Nominal**
**at 26.2.24 Acquisitions**
**Disposals**
129,854.0050
114,580.16
451.2190
475.67
(130,305.2240)
140,405.73
_________________
0.0000
_________________
25,547.2330
301,085.68
708.4290
8,047.15
(26,255.6620)
301,000.83
_________________
0.0000
________________
2,212.3340
43,626.12
43.0650
912.91
(152.8800)
3,190.50
_______________
2,102.5190
_______________
4,588.1620
81,472.44
100.2540
2,744.75
(523.2380)
15,369.03
_______________
4,165.1780
_______________
7,557.4900 124,431.38
25.7820
458.40
(782.6550)
13,889.53
________________
6,800.6170
________________
________________ _______________ ________________
665,195.78
12,638.88
473,855.62|
**Balance**
**at 25.2.25**
0.00
0.00
41,348.53
68,848.16
111,000.25
|**Market**
**Value**
0.00
0.00
45,120.06
120,706.86
125,471.38
________________
291,298.30|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||||
|||||||||
|||||||||
||||_______________
6,800.6170|||||
||||________________
|||||
|||||_______________
12,638.88|________________
473,855.62|________________
221,196.94||
**Page 13**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **SCHEDULE OF STOCKS AND SHARES AND DIVIDENDS RECEIVED FOR THE YEAR ENDED 25 FEBRUARY 2025**
|Value at which transferred 25.8.95 from the estate
of Mrs R M Jones, or subsequent cost
**Balance**
**Investment**
**Nominal**
**at 26.2.24 Acquisitions**
**Disposals**
Brought forward…
665,195.78
12,638.88
473,855.62
Dimensional Emerging Mkts
Value Fund Distributing
0.0000
0.00
30,895.3710
294,432.89
0.0000
0.00
_________________
30,895.3710
_________________
Legal and General Future World
ESG Tilted& Optimised Development
Index Fund C GBP Inc
0.0000
0.00
430,529.5480
382,912.98
0.0000
0.00
_________________
430,529.5480
_________________
Legal and General Gbl Em
Mkts Index Fund C Class
0.0000
0.00
112,006.2750
66,525.82
(112,006.2750)
69,900.04
_________________
0.0000
Legal and General Gbl Eq
Index Fund C Class Distr
0.0000
0.00
759,129.8710
376,831.80
(759,129.8710)
414,831.71
_________________
0.0000
NT 1-5 Years Global Bond Select
Index Fund A GBP
0.0000
0.00
Income Hedged
2,764.6463
294,432.89
0.0000
0.00
_________________
2,764.6463
NT Emerging Markets Screened
Equity Index Fund B GBP Acc
0.0000
0.00
618.9876
67,599.39
0.0000
0.00
_________________
618.9876
________________ _______________ ________________
Carried forward…
665,195.78 1,495,374.65
958,587.37|Value at which transferred 25.8.95 from the estate
of Mrs R M Jones, or subsequent cost
**Balance**
**Investment**
**Nominal**
**at 26.2.24 Acquisitions**
**Disposals**
Brought forward…
665,195.78
12,638.88
473,855.62
Dimensional Emerging Mkts
Value Fund Distributing
0.0000
0.00
30,895.3710
294,432.89
0.0000
0.00
_________________
30,895.3710
_________________
Legal and General Future World
ESG Tilted& Optimised Development
Index Fund C GBP Inc
0.0000
0.00
430,529.5480
382,912.98
0.0000
0.00
_________________
430,529.5480
_________________
Legal and General Gbl Em
Mkts Index Fund C Class
0.0000
0.00
112,006.2750
66,525.82
(112,006.2750)
69,900.04
_________________
0.0000
Legal and General Gbl Eq
Index Fund C Class Distr
0.0000
0.00
759,129.8710
376,831.80
(759,129.8710)
414,831.71
_________________
0.0000
NT 1-5 Years Global Bond Select
Index Fund A GBP
0.0000
0.00
Income Hedged
2,764.6463
294,432.89
0.0000
0.00
_________________
2,764.6463
NT Emerging Markets Screened
Equity Index Fund B GBP Acc
0.0000
0.00
618.9876
67,599.39
0.0000
0.00
_________________
618.9876
________________ _______________ ________________
Carried forward…
665,195.78 1,495,374.65
958,587.37|
**Balance**
**at 25.2.25**
221,196.94
294,432.89
382,912.98
0.00
0.00
294,432.89
67,599.39
|**Market**
**Value**
291,298.30
296,595.56
383,472.67
0.00
0.00
296,697.97
71,138.39
________________
1,339,202.89|
|---|---|---|---|
||________________
958,587.37|________________
1,260,575.09||
**Page 14**
## **THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **SCHEDULE OF STOCKS AND SHARES AND DIVIDENDS RECEIVED FOR THE YEAR ENDED 25 FEBRUARY 2025**
|**Investment**
Brought forward…
NT Real Estate Climate Index
Feeder Fund A Distributing GBP
Vanguard Investments UK Ltd
Ftse Developed World Ex
UK Eqty Idx Dis
Vanguard Investments UK Ltd
Ftse UK All Share Index
Unit Trust A
Vanguard Inv Series Emg
Mkts Stk Indx Inc Nav
Vanguard Global Short Term
Index Fund Institutional
Plus GBP Hedge Dist||Value at which transferred 25.8.95 from the estate
of Mrs R M Jones, or subsequent cost
**Balance**
**Nominal**
**at 26.2.24 Acquisitions**
**Disposals**
665,195.78 1,495,374.65
958,587.37
0.0000
0.00
12,399.3786
132,494.80
0.0000
0.00
________________
12,399.3786
1,334.5500
169,101.42
0.0000
0.00
(1,334.5499)
361,504.28
_______________
0.0000
_______________
229.8804
21,627.46
0.0000
0.00
(229.8804)
28,979.04
______________
0.0000
______________
353.3100
68,709.32
0.0000
0.00
(553.3100)
68,259.14
______________
0.0000
______________
2,966.2900
287,725.04
42.1600
4,183.17
(3,008.4500)
297,693.79
_____________
0.0000
_____________
________________ ________________ ________________
1,212,359.02 1,632,052.62 1,715,023.62
Unrealised gain
77,303.55
______________
Realised gain
332,637.25
|
**Balance**
**at 25.2.25**
1,260,575.09
132,494.80
0.00
0.00
0.00
0.00
|
|---|---|---|---|
||_
|||
**Page 15**
**THE MARJORIE & GEOFFREY JONES CHARITABLE TRUST**
## **REGISTERED CHARITY NO. 1051031**
## **FIXED ASSET INVESTMENTS FOR THE YEAR ENDED 25 FEBRUARY 2025**
|Quoted investments at probate value or
subsequent acquisition cost, start of year
Additions in year
Disposal net proceeds in year
Net realised gains on disposals in year
Cost at end of year
Net Unrealised Investment Gains at year end
**Market Value 25 February 2025**
**Historical Cost at 25 February 2025**
**Probate value or**
**subsequent cost**
At start of year
1,212,359.02
On shares sold in year
(1,451,341.75)
Cost of shares bought in year
1,632,052.62
Increase in value during year of shares
still held at year end
__________________
At end of year
1,393,069.89
__________________
**Change in unrealised gains/(losses) for year**
On shares sold in year
On shares held at year end
**Realised gain for year**
Disposal net proceeds
1,715,063.62
Cost of shares sold year
(1,451,381.75)
_______________
Realised gain/(loss)
263,681.87
_______________
**Capital Growth**
Accumulated capital growth since inception:
Realised gains
1,419,111.25
Unrealised gains
77,303.55
________________
1,496,414.80
Accumulated capital expenses
539,043.09
________________
957,371.71
Applied to grants:
Prior years
609,455.71
Current year
27,000.00
________________
636,455.71
________________
Unapplied capital growth
320,916.00
________________|**Unrealised**
**gains/(losses)**
227,963.48
1,296,740.30
-
(1,447,400.23)
________________
77,303.55
________________
(959,982.12)
799,322.19
__________________
(160,659.93)
__________________|**£**
1,212,359.02
1,632,052.62
(1,715,023.62)
263,681.87
__________________
1,393,069.89
77,303.55
__________________
1,470,373.44
__________________
1,393,069.89
__________________
**Market**
**Value**
1,440,322.50
(154.601.45)
1,632,052.62
1,447,400.23
__________________
1,470,373.44
__________________|
|---|---|---|
||_||
||_||
**Page 16**