Charity regi5tratton 1064582 (England and Wales) NEIL BRUCE COPP FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
NEIL BRUCE COPP FOUNDATION LEGALAND ADMINISTRATIVE INFORMATION Trust••s Jonathan Bruce Copp chmti.¥ Stevens Secretary Chrtsknna Stever Charty Dmr Registertd off 109 HOrf$ Lane PLrkney London SW15 6NZ ItLdependentexamirser SRG LLP 3rd Floor 16 8ba¢k Frors Lane London EC4V 6E8
NEIL BRUCE COPP FOUNDATION CONTENTS Page Tnjstses. report Independentexanllnerf5 report statent of financrdl actwities 8alang* sh••t Notes lo the financial ststements
NEIL BRUCE COPP FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Thè Yrustaès presanttheir annLAI report and fmrrial st8tewnts ftxthe year ended 30 September 2025. Th8 financBI stat8ments have been Ppad 8ccordarte Ylth the aeeounb.ng policFes Set out in nots 1 lo the )Inanci?1 st8tements and eompiy With the Cherity's knjst deed. the ChattbesA¢t 2011 8nd-Accounting 8nd Reporting by Chariknes: Statement of RècommeTh(led Prèctth aPptabl• to thartiies pr•paring IM•ir accounts in accordance th the Fin¥n¢io1 Reportino Standard apPh¢ab in the UK 2nd Republic of Ireland IFRS 1021 (èffective 1 January 20191.. ObJetEivea attd #tiv1ès The Nèil 8rue Copp Foundauon Ilomwrfy NBC Ants¥ Foundation) was set up on 1 April 1998. tt èpÈrates as 2 Charty benefft of chsldren and young peKyle. preference gNen lothose caThcrthrough the relkf of 45sabilty and sickness. and preseNetrort Ènd pwteetion of health. The TDJ¢¢S h8ve paid due regard to guidance issued by the Chaiity Commissvjn in decidirs wh the Char5ty should t]ndertake. The Tiustees eonsideT thatthey have actsd in the public bene To meet its objectives the Foundati?n seeks to offw ¢8fitabk. fthnoal and personal support lor young people WSth Itfe-threatening conr1onS, serious Illness, tjtsabifty and ¢isaoW4ntsge. Wre fvlyre lives are impeded. Thts is in conjunction with"The Lrfe of a Young Pen Fund". AGhiwements and performance The Neil Blu¢ Copp Foundation donatons has asstsled in makin9 a (ryrtsverftl to the level of care and training that its benefi¢k8ries have been ablè 10 9Ne its both partt'tspants staff. Thè tNstes aim on aximising Ihe impact of our donation5, SO to oPtise tre 3nd Ve1 of l9 to as many peoplè as possible. The trustee5 monf(vr the chantys investrents and fvnds arp prrnarity invested in equrties forlgng-term growth. The perf)rmance for the year was ¢on%derÉd sotistactery. gNèn the rrAtket eoftdrtion$. Finan¢lo1 rÈvlew Durmg th¢ ye8r. irwestment irow receNed amourted to £41.000 (2024.. ¢41.552k £11.000 {2024.' £13.OIX)) has been paid as grants in the Yr. The surplus fg-. the yeor before tnvestrnert Sai and lo55es amounted to £25,O12024.' £23,752). Due to the general market growth. there was an unTeali%ed gain on tho investrnenl$ of¢48,75512024.. £1.276) for thè yèar. The Fgundion has applted £11.1)00 the year12024." £13.0(N)i ts the folltyAng ¢hartst4e profv(ts for the bEnefft ofchikj and young people: Helen Atkell OleXI8 Charty £4.0(K) 12024.. £ Triangle AdventsJrÈ Playgrourtd £5.000 12024.. e Worthing F¢¢tball Club £2.000 12024.. 2 ASP {2024'. £4.WOI Barnès RFC (2024.. ¢1.OJOI FirstTouch 12024: £3,0001 Lougnborotwh JAGroup {2024: £5.(KXI) The charity mainlains 8 single generdl unresthcted bund Whieh ts used tr> pay annual grants. The Trusiees ertsurè trat tkere are Sufficnt reserves to cover . least two ye81s' worth of antiupatsd d¢>nations and support Costs, pproximaling to a total of ¢50,000. Resepths are swJnifi<2nYy in exc*ss of thi% at the year-end. Reserves hold 2t the end ofthe year were C1.58l.f(2(y24- £1.508.D501.
NEIL BRUCE COPP FOUNDATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Structure. governanGe and managemert Thè Foundation was eiabli8hed in 1998 end ts Tegistralion Trurnber is 1064582. The Charty Is an uninetsrporatsd associab.on and 1$ govemed by its TrL'St Deed daled 9 Juty 1997 as amended by resolution 29 Juty 1999. and Jrther arnended 6 March 2018, when the Yrds changed wom N.BC W1nr Found¥bOn to Ne 8ru¢e Copp Foundation_ Tfttstees seNed during the yÈ8r and up to1ho dat• ol gnatsj[0 ofthe finala1 staternerrt5 were". Joftathan 8r4¢e Copp ChristiD? Stevens The Trustees are nmbers of thè samè PdTrMty and comprise the 8oard of Tntstees. which Mare5 thE Charty. TDJStèè appointrn&nts a..eVieWed an annual basi%. Flsk rnanagement The TNstees have Identiff the Trjor fisk AS beffto poof ift¥estmt performar. Thts risk has been mitig8ted by ensuring that a p@T$1fied investment portfolio B held and 'that thè investrY*nts are maffttsined by qualified iTrve5tment manager and regukriy revtthvtd by the Tnjstees. Tre Trustees are sabsfied thattw Mp¥ wth the guidefvs sUed by thé Charfl•s Commiss¥on. The Trustges. report vtss appf¢Md by th• Board ofTnJst• an Bruce Copp Trustee D&te'.
NEIL BRUCE COPP FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEIL BRUCE COPP FOUNDATION I report to the Twstees on my enon of thè ffftaftcral statements of Neil Bruce Cctpp Foundaticn lthe Chartyl forthe year ended 30 September2025. ResponsibÈlth¢s and basls of report As the Trustses ofthe Gharity you are responsibk forthe preparation of Ih? financial staterrwts in accordanc8 with the requirernents ofthe chare$ Act 2011. I report Tn respect of my exarrllnetion of the Charity¥ ffiancial ststements ¢rrièd out und•r section 145 ofthe Charth'es Act 2011. In tryIng out nty exalin?n I have loll¢)wed the Dwe¢tions given by the Ch8nty CoTrffli5sitsn under sectty)n 14515Xbl of ChatitiesAct 2031. Independènt aminerS stat•merrt Your atteption is drawn to the fact Ihat the charty has prepared the finanoal statements in ocetydanee the levant verss¢n of th• Statement ot ReTrn<1ed Pra¢tKe gPFh"¢xble to ch8ribes preparing Ineir financtal 3ternents in a¢¢ordaftce with the Reporting 8taDdani aPp[tsb Én the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and RepOrt9 by Charits". Statement ¢f Re¢oMrnenE1 Practice issuea on 1 April 2005 which ts refeired to in the eant regulalions but has been withdrawn. l understsnd that this has been done in order for the financrdl statements to prgvide g ttue and fair VI in •xrar ryth im Generally Acceptsd A¢¢¢xtntng Practic& I have cOmpted rny exttminètbgn. l eonfimi that no maler5 have to my attentitsn in c>)n"0n with tha examination giving me cause to believe that In any nerial respect accounting records weTr kept in respe¢t of the Cttarity as ¥equired by 5e£thn 130 ofthé ChathièsA 2011. the fin8ncial $181emeTrt5 not accor(I with those records: or the finan¢ial Siatements do not compty wih the app]i¢able reqLlMnts cofietrning thè fom) and content of ffftancial statements set out in the chare5 (¢Unts Reptstsl Regulalions 2008 other than any requiremert thot the ffnon¢pl ¢otements givÈ 8 tnje 8n(i far view. not a matter consider¢d as part Of an independent exanwnation. 5 have rto CernS and have CO 0$5 ft0 other n*tters in wnnethon with the exaTT¥n3bon to which attention 5hcLld be drawn Tr this report in orderto enable a propèr understanling ofthtr fivdn(aal stst¢ments to be reached. NatTE-. TrevDr Clarke Rekvant Profession qu8lfficatKin Or boty. FCCA SRG LLP 3rd Fioof 1S Friars Lane London EC4V FE8 Datsd-.
NEIL BRUCE COPP FOUNDATION STATEMENT OF FINANCIALACTIVITIES (INCLUDING INCOME AND EXPENDITURE AC¢OUNn FOR THE YEAR ENDED 30 SEPTEMBER 2025 furtds 25 htnds 2024 Not•s Inwsne from: Investments 41.ODO 41,552 Total income 41,000 41,552 Expenditure on: Chorkable 8rtNibes 15,980 17.8LIO Total expenthtu 15,9 17.800 N&t gains on investrnents 48.756 163,27e Net ineome and movement in furtd$ 73.776 187.028 R¢¢Orr¢i*zOn of funds: Fund balance5 at 1 October 224 1.508,050 1,321,022 Fund balance$ at 30 September2025 1,581,826 1,508,050 The ststèmènt offinancial aththes includes all gauls and kisses rec¢sDlsed inth4 year. All cOMe an¢J expenditure derNe from continuia9 atttivIts.
NEIL BRUCE COPP FOUNDATION BALANCE SHEET AS AT 30 SEPTEMBER 2025 2025 2024 Flxad assets Investments 1.553,441 1.4,887 Current assets Cash at bank and in hartd 29,163 Creditors: amounts falling duèwlthln orE year {4.920} 14,8001 Nel rrent asséts 28.385 24.363 Totsl Sets te55 current Ilabilitie5 1.581,826 1.508,050 Income fvnds Uirestricted thnds- general 1.581,826 1,S08.050 1.581.826 1,S08.050 Th finandal ststémonts were approved by Ihe Tru5tses on ... . an Bruce Copp Trustse
NEIL BRUCE COPP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accounting policies
Chwity lnf0rnMtn
1 Bruce Copp Foundation is an unincoTrorated charity. T4e priry¢p?l address ofthe ch2nty is 109 Howards
Lane. Londor4 SW15 6NL The nabjre of the tharity's operatv)ns and its principal ictNtbes are set out on
pagts l and 2.
1.1 A¢¢tsunllng ¢¢nventlon
The financial statèments have been preparèd in aceordance wth the Charitses 2011 and'Accounting and
Reporting by ChaTibes.' Stiernent of ReeomnEnded Pral¢e applicable to charitiès prèparfng thèlr accounts
in acco¥dance with the Finafioal Reporting &andard appkcable in the LSK and Repubfic of Ireland IrRS 102}
lefiectNe 1 J8fiuary 2019y'. The Charity is a 8erN Enbty as defin8d by FRS 12.
The ChaFity has tsken a¢fvantsge of tho protOn$ in the SORP for charlies appty¥i9 FRS 102 Updat
BU1n 7 noito prepare a Statement of Cash Fkn
The finan¢i81 statsments have departed trom the Charftks (Aceounts and Reports) Regulations 2008 only to
the extent requEd to prnmde a true artd t8tr vw. This departure has invow following the Ststernent ol
Recornrnended Practice for charit$ apptying FRS 12 rather than the ver$n of the Statement o
Reeommtrnded Pradsce which is referred tu in the Re5ulthns but whth ha5 SIn been withdrawn.
The finan81 statemerrt5 are p[Epad in stedffl9. wht¢h is the fun¥L4BI currency of the Chanty. Monetary
èrrnunts in thes¢ firEanwJ strternts are rountJ¢d t¢ Ihe newest £.
rhe financial stments he been prwred under the histori] cost conventron. rdR to indudé
investrnents at value. The principal accounting polties edopted are set out below.
1.2 Going ¢on¢ern
At the tme of approving the financ¢o1 ststÈrrr&nts. the Trustaes have a rea5able expectation that the Charity
has adequ8te resources to cortbnue in operational exsi8nLE forthe toreseeable firture. on the basis that thore
are no mat&rial UnrtaI?tie$. Thus the Trustees nb"n£ to adopt th¢ 90)g basi5 of accounting WJ
prepamg the finèneial ststemeTr
13 Charitable funds
Vnre5trided funds are available for use at the discretion of the Trustee5 in fvrtheraft¢e of the¥ ¢harit8ble
objectives.
All funds are n$triCk fund$.
1.4 Incorne
Dividend aNI intÈresl irtome trom investments are retsyJnised vthen received by the
l.S Expenditure
Liabilities are recognised as expenditure as S
NEIL BRUCE COPP FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting policies (Continued) 1.6 Flxed asset investments Fixed asset investments are intsty trEasUd 81 nsalOn ptité ineluding transaction costs. and are goJb5equenly measured * fair walue at eath p)rting 4Jate. Changes In fair value are w¢9nised in nèt incomel(¥Ap¢BdTtUF¢I for the year. 1.7 Cash and eash equivalents C85h and eash equN8lents Include cash in hand. rtePts held at C8B witn banks. other short4erm liquid inve$knen6 With onginal nmturibes of three months or less. and ba.lk overdrafs. Bank everdrafts ar• shown wtth5n borrQng$ in current fiabi1ft& 84C finèrtcia1aets 88sic finan¢ial a$sEs. indude dèblors and eash and bank b?nceS, are initsally mtasured at tran5a¢tion price rcludllg transaction eosts and ar• subw'JenVy cariied * arnOrLed cost Using the effertNe interèst mèthod unless arrangement constitutes a fr)aEng transarAion. where the Iknsatlion is measured at thè prèsent vahje of the fuiure receipts discouThted zt 3 Maet rate of interest Financiai assttts classified as re¢eN8ble ¢ne nrA amortid Baskc financlalllablliiies Basie finane5al liabilities. induding ¢red(Éor5 and bar.k loans are fftitialty re¢ogntsed at tran58ction prke unless the aEr8ngement constitutes a financing transaction. vkner¢ Ihe debl instrument 1$ measured at thè present value of the frtture ?aymertts diseounted at a rrértet rate of interest Finantial IAbilths classified as p8yable withift trnè year arè not anrse. Debt instruments ere $ubsequenty L¥rrled at amortise<] rxis( usirJ thè èffeetive intsrest fdle rrEthod. Trade creditors are obligati¢Jn5 tD pay for goods or Servi ttr.at have been acquired in the ordinary course of operatioay from suppliers. Amounts payable are dassified as wrrent IHbittses rf payment is due within one year 0.1 less. If noL they are presented as non-cufTent Trabihlies. er6drtors are recogn inKtt8l£y at trartsaetton prtee and subsequentty ¥Sred at aFThJrtt5ed cost the effectNe Inte$t method. Dgnition of fin?ncMlliabiliei85 Financial l.,abiltties are dorecognised when Ihe Chaws c3)tthLJal obl¥abDn$ expire cr are di8¢h8rged or cancelled_ 1A Taxation As the Tnjst is a registered Charity. it B not11ab to laxatD)n. a lodged wtlh Inspector of faxes for Ihe repayment of anytax deduLted where appropriats. ITKOTh from Investments Unrestrithd UnRstrr¢te funds funds 2025 2024 Incoff from fisted investments Interest receivable 38.552 2.448 39.458 2,094 41,000 41.5Y2
NEIL BRUCE COPP FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 expenditure on charitable acknytties Grants pay8b 2025 Support Grants Support payable 2024 Totsl 2025 25 2024 2024 DSre¢t ts Grants made by Instsiuons Accountancy Tnjstse expenses Independent examinafjt)n 17,lJCt) 11.000 990 3.1)00 13.0(JJ 13,000 900 3,000 900 900 3,000 900 990 11.0 4.980 15,980 12.OLTh) 4.800 17,800 Anaty5is by fvnd Unrestrthd fijnds 11.000 15.980 13.OCKI 4.800 17,800 Erroloyee5 The average monthty number ofemthee5 during the yearwas: 2025 NumLr 2024 Number Totsl There We no ernpl0¢S whosè annual reThineration was rxe than £60.000. RemuneFatlon of key rnanauernent per50nn TheTe was no remunerat>)n of key rrran?9e*nt personnel during the year. and also the Prior year Net gainslllossesl on Investments UnrestriGted Unresthcted funds funds general genergl 2024 unrealed Sa1(10$$) on assets duriThJ the year 163,278
NEIL BRUCE COPP FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEAIBER 2025 FixEd asset inve¥¢ments Cash in portfolio Total investments Cost or valuzknon Ai 1 October 24 Unrèalised gwnsllb)ssl on markel wabje Cash movement 1,436.598 48.756 47.089 1.483.e87 48.756 20.99Q 20,999 Ai 30 Septrmbtr2025 1.485,354 68,088 1,553,442 CryifrJ amount A., 30 Séptémber 2025 1.485.354 68.088 1,553.442 At 30 Septsmber 2024 1.436.598 47.089 1.483,687 The book cost of the listsd inveslments hkJ at fair vahje as at 30 September 2025 was £965,284 12024: 985.2841. Cyeditors: amounts falling due With1 year 2025 2024 AccDJals and defetr¢d InMe 4,920 Relatsd party transactlons No remuneration has bean pays TO the tsyo Truslee5 in the ¢urrent or precedlng year. The ¢hs¥ity has met travel arjd adfftirtistrafjve exns&S of £3,000 each 12024.. £3,oc(¢ eachl incurred by the Trustees for servicès proved to the charty. There were rela*•d partytraftsact#)ns durirrtJ the year.