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THE SAINT MICHAEL'S AND EXETER SCHOOLS' CHARITY Registered Number 1061107

ANNUAL REPORT AND STATEMENT OF ACCOUNTS YEAR ENDED 31 DECEMBER 2025

THE SAINT MICHAEL'S AND EXETER SCHOOL'S CHARITY TRUSTEES' ANNUAL REPORT YEAR ENDED 31 DECEMBER 2025

Reference and Administraive information Registered Charity No. 1061107

Address 9 Broad Street Stamford Lincolnshire PE9 1PY

The Charity called The Saint Michael’s and Exeter Schools’ Charity known as ‘Stamford Young People's Charity’ was established by Scheme of the Charity Commission sealed on the 24th day of June 1996.

The Charity Trustees during the year were:

Pauline Mary Walker Marian Elizabeth Manger Jillian Dickinson Reverend Edward James Russell Martin Philip Robson

When new Trustees are appointed they are given an overview of the Charity and an outline of both its operational and financial activities. New Trustees are selected in order to gain benefit from their skills and experience, to complement the existing Trustees, and to provide succession. The Trustees have considered the guidelines issued by the Charity Commission on public benefit and are of the opinion that the criteria are being met within the objectives and activities of the Charity.

Objectives and activites The objects of the Charity are:-

“Advancing the education (including social and physical training) of persons under the age of twenty-five years who or whose parents are resident in Stamford (the area of benefit) and in particular, but without prejudice to the generality of the foregoing, in providing special benefits of a kind not normally provided by the Local Education Authority for Church of England schools in the area of benefit.”

Achievements and Performance

This year the Charity was approached for grants on a frequent basis.

Grants totalling £57,326 were paid to 13 beneficiaries.

Financial Review The Statements of Account indicate net expenditure for the year of £30,470 (2024: 64,045)

The bank balances held by the Charity at 31st December 2025 were £50,666 all of which are unrestricted. This represents funds that are necessary to provide adequate reserves for future grants and administration of the Charity.

Approved by the Trustees and signed on their behalf by:

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Chairman
Date: Lider { §/02/2026
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THE SAINT MICHAEL'S AND EXETER SCHOOL'S CHARITY RECEIPTS AND PAYMENTS ACCOUNT & SCHEDULE OF ASSETS AND LIABILITIES YEAR ENDED 31 DECEMBER 2025

	2025		2024
	£	£	£	£
Income Receipts
Dividends	30,957		722
Barclays Bank interest	686		781
Florence Desforges Foundation donations	3,100		3,200
Total Receipts		34,743		4,703
Payments
Grants Paid		57,326		48,595
Transfer to Investment Portfolio		-		15,707
Managementand administration
Price BaileyAccountant	-		570
E.C.A Consulting Ltd - Website	96		96
E.C.A Consulting Ltd - Domain renewal!	42		-
Clerk's salary	7,749		3,780
Total Payments		65,213		68,748
Net Receipts fortheyear		(30,470)		(64,045)
Bank balances at 31 December 2024		81,136		145,180
Bank balances at 31 December 2025		50,666		81,135
SCHEDULE OFASSETS AND LIABILITIES
Unrestricted funds
MonetaryAssets
Barcalys Business Premium Account		49,361		52,675
Barclays CommunityAccount
General		(33,682)		(3,427)
Florence Desforges Foundation		34,987		31,887
		50,666		81,136
Investment Assets (at marketvalue)		1,035,722		966,704
Liabilities
Therearenoliabilitiesattheyearend.

Approved by the Trustees and signed on their behalf by:

Chairman Date: itn ehon RoZb |

THE SAINT MICHAEL'S AND EXETER SCHOOL'S CHARITY SCHEDULE OF iNVESTMENT MOVEMENTS YEAR ENDED 31 DECEMBER 2025

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||||||| |---|---|---|---|---|---| |2025| |£|£| |Income| |Dividends|13,799| |Interest|13,704| |Other income|(Equalisation,|etc)|101| |27,604| |Proceeds|from|sale|of shares|146,126| |Proceeds|from|redemption|of bonds|90,300| |Transfers from|bank|-| |236,426| |Total|Receipts|264,030| |Payments| |Purchase|of|shares|and|bonds|(223,976)| |Management fees|and|advisor charges|(15,849)| |Transfers|to|bank|(25,000)| |Gains/(Losses)|on|investment|portfolio|69,813| |Total|Payments|(195,012)| |Net|Gain|for|the|year|69,018| |Investment Assets|(at|market|value)|brought forward|966,704| |Investment Assets|(at market value)|carried|forward|1,035,722|

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THE SAINT MICHAEL'S AND EXETER SCHOOL’S CHARITY SCHEDULE OF GRANTS YEAR ENDED 31 DECEMBER 2025

		£
January	Logan Bell -GB Sailing	5,700
January	Charlie Mason -CCF Expedition	2,000
March	ChurchesTogether Schools Festiva!	520
March	Stamford Drama and Film Factory	3,205
April	L Mitchell -Blue CoatSchool andSWA	1,000
June	Stamford Diversity Group	1,426
July	The Biue Coat School	3,500
July	Burghley Enterprise	774
July	Nesbit Bros	470
September	Stamford Drama and Film Factory	8,150
September	The Conversation Stamford	9,700
September	Art Pop-Up	4,781
October	StAugustine'sCVA	9,600
October	The Blue Coat School	5,000
October	J Smith Reading	1,500
		57,326

THE SAINT MICHAEL'S AND EXETER SCHOOL'S CHARITY FLORENCE DESFORGES FOUNDATION - DONATIONS YEAR ENDED 31 DECEMBER 2025

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|||||| |---|---|---|---|---| |Balance|in|hand|31,887| |H|M|Ball|480| |A|Burrough|120| |J|Sutcliffe|800| |H|Phillips|100| |Dr|&|Mrs A|Morris|600| |J|Dawson|1,000| |TOTAL|34,987|