## **The Bampton Trust**
**Registration number: 1061444 Annual Report and Financial Statements**
**31 December 2025**
## **The Bampton Trust**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' report|2|
|Trustees' responsibilities|4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8|
## **The Bampton Trust**
## **Reference and Administrative Details**
|**Charity name**|The Bampton Trust|The Bampton Trust|
|---|---|---|
|**Charity registration number**|1061444||
|**Principal office**|c/o Bampton Memorial Hall||
||Bampton||
||PENRITH||
||CA10 2RS||
|**Registered office**|c/o Bampton Memorial Hall||
||Bampton||
||PENRITH||
||CA10 2RS||
|**Trustees**|M Dyke|(Resigned 18 January 2025)|
||D White|(Resigned 24 April 2025)|
||A Kitchen||
||P Sweetland||
||M Wells|(Resigned 2 October 2025)|
||J Storey||
||G Burrell|(Appointed 24 April 2025)|
||R Das|(Appointed 24 April 2025)|
|**Accountant**|Dodd & Co Limited||
||FIFTEEN Rosehill||
||Montgomery Way||
||Rosehill Estate||
||CARLISLE||
||CA1 2RW||
Page 1
## **The Bampton Trust**
## **Trustees' Report for the Year Ended 31 December 2025**
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: 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.
## **Structure, governance and management**
The charity is an unincorporated body and is governed by its Trust Deed. The trustees regularly review the structure of the board. If the trustees identify the need to appoint a new trustee, they approach a member of the community with appropriate skills and experience. Existing trustees train new trustees by discussing their role with them and briefing them on the requirements and responsibilities of their new position.
During 2025 two trustees retired and two new trustees were appointed.
The trustees have considered the risks facing the charity. They do not believe that there are any significant risks at the moment, but they will continue to monitor the situation on a regular basis. The trustees are conscious of the need to maintain funds for future expenditure on their properties and have decided to set aside 10% of the gross rental income for such purposes.
## **Objectives and activities**
The principal objective of the charity is to support and advance charitable activities within Bampton and the Lowther Valley. The charity operates by awarding grants to individuals and groups which it identifies as meeting the charity’s objectives and goals.
Financial assistance can be made available to individuals and organisations for a wide range of purposes, notably activities that will strengthen the local community or promote sustainable development.
The trustees continue to provide financial support to young people in the local community who are undertaking courses at university, college or sixth form level.
In setting their objectives, the charity has paid due regard to the Charity Commission guidance on public benefit.
## **Achievements and performance**
The charity continues to provide affordable housing at Nos 1 and 2 Bampton Grange and 1 and 2 Essendy.
During 2025 the shop at Norbrook House continued operating as a Community Village Store, operating as a partnership between Bampton Trust, Bampton Valley Community Pub and Askham Stores. The shop continues to be staffed by local volunteers and managed by the partnership. The Post Office outreach service returned to Bampton Valley Stores, via a Post Office van, to serve the local community.
Rent reviews were undertaken and implemented. Rents will continue to be reviewed annually. Planned maintenance, alongside upgrade work continues at all of the Bampton Trust properties.
## **Financial review**
The bulk of the charity’s assets are held as investment properties. The charity aims to distribute cash reserves as soon as possible to those who can benefit from the activities of the charity.
The charity received total income of £137,125 with expenditure of £33,203 resulting in a surplus of £103,922. Total reserves stood at £1,093,823, all of which were unrestricted. Free reserves at the year end were £239,133.
The trustees have absolute discretion to invest in whatever assets they think fit.
During 2025 the Trust continued to run their accounts through CAF Bank and maintained their investment in a fixed term interest generating account. A substantial donation received by the Trust in 2025 was also deposited into this account.
Page 2
Tho Bampton Trust
FUre plan6
The trustees alm to continLte Irmards a sustsinable (x)mmunÉty people can Ilve and woth. The trusteès
shall support inrbatNes that enhance and irnprove the quality of life and the environment in thè local
community and txeserve its Iwtlage and trdditK)ns. They art also atde to considw applicalions from famlies or
individuals experiencing hardship. Requests hardship grants may increase as the cost of liwng crisls
continues to make its mark the (xmnmunty.
Approved by thg Trust89s on 10 W 2026 aThJ s•3ned on knr bph8ltby.
A lfjlchen
Trustee
P8p3
## **The Bampton Trust**
## **Trustees' Responsibilities in relation to the Financial Statements**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards.
The law applicable to charities in England and Wales 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 charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- 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 the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 as amended by the Charities Act 2022, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 4
## **Independent Examiner's Report to the Trustees of**
## **The Bampton Trust**
I report on the accounts of the charity for the year ended 31 December 2025, which are set out on pages 6 to 15.
Your attention is to drawn to the fact that the Charity has prepared the financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.
We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.
## **Respective responsibilities of trustees and examiner**
The Charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 as amended by the Charities Act 2022 (the Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Act;
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the Act; and
- 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 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 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 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:
- (1) 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 Charities Act 2011 as amended by the Charities Act 2022; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... Joanne Thomlinson FCA Dodd & Co Limited Chartered Accountants
FIFTEEN Rosehill Montgomery Way Rosehill Estate CARLISLE CA1 2RW
10 August 2026
Page 5
## **The Bampton Trust**
## **Statement of Financial Activities for the Year Ended 31 December 2025**
|**Note**
**Income and endowments from:**
Donations and legacies
2
Investment income
3
Income from charitable activities
4
Total income
**Expenditure on:**
Charitable activities
Total expenditure
Net incoming resources before other recognised gains and
losses
Net movements in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**Funds**
**£**
100,000
28,125
9,000|**Total Funds**
**2025**
**£**
100,000
28,125
9,000|**Total Funds**
**2024**
**£**
1,000
24,649
7,800|
|---|---|---|---|
||137,125|137,125|33,449|
||33,203|33,203|20,455|
||33,203|33,203|20,455|
||103,922
103,922
989,901|103,922
103,922
989,901|12,994
12,994
976,907|
||1,093,823|1,093,823|989,901|
The notes on pages 8 to 15 form an integral part of these financial statements.
Page 6
The Bampton Tt
Balance Sheet as at 31 D•cember 2025
2025
2024
Fixèd assèts
Tangl6 assèts
Investments
10
11
11
59,6WJ
T.(
62,467
790.000
5.000
857,467
854.6
Current assets
Debtors
Cash at bank And in haThJ
12
38.707
204,943
243.650
28.099
106.730
134.829
Cr•ditors: Amount8 falling due wllhin
on• year
13
14.517)
12.395}
Het ¢urY•nt Sets
239.133
132,434
1.093.823
989,901
Thè funds of th• charmy.
Unwegtricted funds
Unrestridgd inujmefunds
1.093.823
989.9)1
Totsl charityfunds
The financial statwnents h8ve been prepared in aXOrdan wilh tho Fin8n(iai Rewting Starard 8pFllcable in
thè UK and Republic of Irelarky (FRS 102}.
1.093.823
989,901
pproved by the Board 10 August 2026 swed on its behalf ty.
A lfjtchen
Tnjstee
Thè notes on pages 8 to 15 fc¥m an inlegr* pwt financial staternents.
Page 7
## **The Bampton Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **1 Accounting policies**
## **Statement of compliance**
The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) rather than the Accounting and Reporting by Charities:Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
## **Basis of preparation**
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
These financial statements have been prepared on a going concern basis.
## **Fund accounting policy**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Further details of each fund are disclosed in note 15.
## **Income and endowments**
Donations and legacies including donations and grants that provide core funding or are of a general nature is recognised where there is entitlement, probability of receipt and the amount can be measured with sufficient reliability.
Income from Government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Investment income is recognised on a receivable basis.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract.
Page 8
## **The Bampton Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
_......... continued_
## **Expenditure**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Grants payable are payments made to third parties in the furtherance of the charitable objectives. Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specific service or output.
Grants payable without performance conditions are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Fixed assets**
Individual fixed assets costing £100 or more are initially recorded at cost.
## **Depreciation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Freehold interest in land and buildings 50 years straight line Fixtures, fittings and equipment 15% reducing balance basis
## **Cash and Cash Equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Investment properties**
Investment properties are included in the accounts at fair value. No depreciation is charged on investment properties in line with the Statement of Recommended Practice 2019.
Investment properties were revalued by James Martin FAAV on behalf of PFK Land Agency on 24 April 2024. The Board have reviewed the value of investment properties and consider these to be at fair value.
## **Mixed motive investments**
Mixed motive investments are initially recorded at cost and reviewed annually for impairment.
Page 9
## **The Bampton Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
_......... continued_
## **2 Donations and legacies**
|**Donations and legacies**
Appeals and donations|**Unrestricted**
**Funds**
**£**
100,000|**Total Funds**
**2025**
**£**
100,000|**Total Funds**
**2024**
**£**
1,000|
|---|---|---|---|
## **3 Investment income**
|Interest on cash deposits
Rents - No 1 & 2 Bampton Grange
Rents - No 1 & 2 Essendy|**Unrestricted**
**Funds**
**£**
3,029
12,613
12,483|**Total Funds**
**2025**
**£**
3,029
12,613
12,483|**Total Funds**
**2024**
**£**
589
12,060
12,000|
|---|---|---|---|
||28,125|28,125|24,649|
All of the investment income in 2024 related to unrestricted funds.
## **4 Income from charitable activities**
|**Charitable activities**
Rents - Norbrock House|**Unrestricted**
**Funds**
**£**
9,000|**Total Funds**
**2025**
**£**
9,000|**Total Funds**
**2024**
**£**
7,800|
|---|---|---|---|
All of the income from charitable activities in 2024 related to unrestricted funds.
Page 10
## **The Bampton Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
_......... continued_
## **5 Expenditure**
|**Direct costs**
Grants payable - individuals
Insurance
Depreciation
Repairs and maintenance
General maintenance
Charitable donations
Sundry expenses
Legal and professional fees
Bank charges
**Support costs**
Accountancy fees
Independent examiner's fee|**Charitable**
**activities**
**£**
250
2,707
2,777
14,509
6,562
200
349
4,182
79|**Total**
**2025**
**£**
250
2,707
2,777
14,509
6,562
200
349
4,182
79|**Total**
**2024**
**£**
488
2,541
3,042
7,234
4,002
-
190
1,416
30|
|---|---|---|---|
||31,615|31,615|18,943|
||1,268
320|1,268
320|1,192
320|
||1,588|1,588|1,512|
||33,203|33,203|20,455|
All of the expenditure in 2024 related to unrestricted funds.
## **6 Governance costs**
|Cost of trustee meetings
Accountancy fees
Independent examiner's fee
Legal and professional fees|**2025**
**£**
1,268
320
4,182
5,770|**2024**
**£**
-
40
1,192
320
1,416|
|---|---|---|
|||2,968|
## **7 Trustees' remuneration and expenses**
No trustees received any remuneration or expenses during the year.
Page 11
## **The Bampton Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
_......... continued_
## **8 Net incoming resources**
Net incoming resources is stated after charging:
||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|Depreciation of owned assets|2,777|3,042|
|Accountancy fees|1,268|1,192|
|Independent examiner's fee|320|320|
Page 12
## **The Bampton Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
_......... continued_
## **9 Taxation**
The registered charity is exempt from taxation on income and gains.
## **10 Tangible fixed assets**
|**Freehold**
**interest in land**
**and buildings**
**(including**
**heritage assets)**
**£**
**Cost**
As at 1 January 2025 and 31 December 2025
64,000
**Depreciation**
As at 1 January 2025
11,520
Charge for the year
1,280
As at 31 December 2025
12,800
**Net book value**
As at 31 December 2025
51,200
As at 31 December 2024
52,480
**Investments held as fixed assets**
**Market value/Cost**
As at 1 January 2025 and 31 December 2025
**Net book value**
As at 31 December 2025
As at 31 December 2024
All investment assets were held in the UK.
The net book value of programme related investments includes:
Shares in The Mardale Inn, Bampton Valley|**Freehold**
**interest in land**
**and buildings**
**(including**
**heritage assets)**
**£**
**Cost**
As at 1 January 2025 and 31 December 2025
64,000
**Depreciation**
As at 1 January 2025
11,520
Charge for the year
1,280
As at 31 December 2025
12,800
**Net book value**
As at 31 December 2025
51,200
As at 31 December 2024
52,480
**Investments held as fixed assets**
**Market value/Cost**
As at 1 January 2025 and 31 December 2025
**Net book value**
As at 31 December 2025
As at 31 December 2024
All investment assets were held in the UK.
The net book value of programme related investments includes:
Shares in The Mardale Inn, Bampton Valley|**Fixtures,**
**fittings and**
**equipment**
**£**
119,726
109,739
1,497
111,236
8,490
9,987
**Investment**
**properties at**
**market value**
**£**
790,000
790,000
790,000
**2025**
**£**
5,000|**Total**
**£**
183,726
121,259
2,777
124,036
59,690
62,467
**Mixed motive**
**investments at**
**cost**
**£**
5,000|
|---|---|---|---|
||||5,000|
||||5,000|
||||**2024**
**£**
5,000|
## **11 Investments held as fixed assets**
Page 13
## **The Bampton Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
_......... continued_
## **12 Debtors**
Prepayments and accrued income
## **13 Creditors: Amounts falling due within one year**
Accruals and deferred income
|**2025**
**£**
38,707
**2025**
**£**
4,517|**2024**
**£**
28,099|
|---|---|
||**2024**
**£**
2,395|
## **14 Related parties**
## **Controlling entity**
The charity is controlled by the trustees.
## **15 Analysis of funds**
|||||**At 31**|
|---|---|---|---|---|
||**At 1 January**|**Incoming**|**Resources**|**December**|
||**2025**|**resources**|**expended**|**2025**|
||**£**|**£**|**£**|**£**|
|**General Funds**|||||
|Unrestricted income fund|989,901|137,125|(33,203)|1,093,823|
Page 14
## **The Bampton Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
_......... continued_
## **Prior period**
||**At 1**
**January**
**2023**|**Incoming**
**resources**|**Resources**
**expended**|**Other**
**recognised**
**gains / losses**|**At 31**
**December**
**2023**|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|**General Funds**||||||
|Unrestricted income fund|1,282,276|27,688|(38,379)|(294,678)|976,907|
## **16 Net assets by fund**
|Tangible assets
Investments
Current assets
Creditors: Amounts falling due within one year
Net assets
**Prior period**
Tangible assets
Investments
Current assets
Creditors: Amounts falling due within one year
Net assets||**Unrestricted**
**Funds**
**£**
59,690
795,000
243,650
(4,517)
1,093,823
**Unrestricted**
**Funds**
**£**
65,509
795,000
119,699
(3,301)
976,907||**Total Funds**
**2025**
**£**
59,690
795,000
243,650
(4,517)
1,093,823
**Total Funds**
**2023**
**£**
65,509
795,000
119,699
(3,301)
976,907||**Total Funds**
**2024**
**£**
62,467
795,000
134,829
(2,395)
989,901
**Total Funds**
**2022**
**£**
68,862
1,089,678
125,960
(2,224)|
|---|---|---|---|---|---|---|
||||||||
||||||||
|||||||1,282,276|
Page 15