CHARITY NUMBER A068492 DANIEL PARSOIYS EDUCATIONAL CHAIUTY TRL'STEES REPORT AND FINANCIAL STATEMEN75 12 MONTHS TO 31 DECEMBER 2025
DANIEL PARSONS EDUCATIONAL CHARITY Contents Page TTUSt¢es Annual Rqx)rt Finan¢ial Statements Independeni Examiner's Rep)n
DANIEL PARSONS EDUCATIONAL CHARITY TRUSTEES ANNUAL REPORT 12 months to 31 Deeember 202S Rrfi5¢ered ¢hrlty Duthbtr 10684 Charity's priDeipfil address The Eswe Offic Wharf Cotta8e, Tenbury Well& W0¢stershI WR15 8NY Ch4rity Inbjteu who h•ve served frw l Jamry 2025 to the dte of pprovl of these R.T.V. Evans D.F. Hughes P Marsh Chaimwi (D¢ce¥sed 30 January 2025) Chairrnan IApw)int¢d 30 Jgnuory 2025) J.K. West T P Westlry Ind¢p¢nd¢•t examlner F L Clapham IFCA) CKCA Limited Castle Court 2. C&sil¢881¢ Way• DudEey, West Midand5 DYI 4RH Bnk¢n Lloyds Bank 63 High Street Dudley DYI IPY lttvdtmtnt Advi¢rJ EFG Harris Allday 33 GreAt Charles St Birmingham B3 3JN
DANAEL PARSONS EDUCATIONAL CHARITY TRUSTEES ANNUAL RF.PORT-eoTrtiDved 12 Dbonths to 31 De¢ember 2025 Strncturei gov¢rn4¢¢ nd m•D#etmet Trusi Schettie The Charity is regulated by a scheme th&1 w&$ sealed on 6 April IW6 replacing a scheme scaled in 1863. Policies and Procedyresfor ih¢ Indttciion and fraininR of Trlee5 Tntstees are CO•OPted by the existing tnJs1tt5. Once apwinted. new truses are briefed on the history. organisation and future objeetiv¢s o( the Charity. Orgonisaiio The Trustecs meet re¥ularly throu8houi the yearto review and todccide on any grts io be mwJ¢ within the objectivu of the ChHrity- Risk Mantsgemeni The TrLLsie¢s have &ssessed the majorrisks io which the charity 15 exsed and ar¢ satisfied thal systems are in place to mitigate exFKtsure kn any major risks. ObJ¢¢¢lv¢i •nd •etlvltks The objerf ot the chty is the promlOn of education of persons under the 4e of 25 yearn WI. or whos¢ pgrents ar¢ r¢5ideni in Dudley and the 5urroundin8 neighbouAkKrfL have ony time attended at 8 a¢hoDI in the 8rea. Public benefit The TTWStees hav¢ referred to the 8uidaAce conthined in the Charity Commi10.$ 8enernl 8uidon¢¢ on publi¢ benefit when reviewin8 iheirarnis andobje¢tives. ThE fts$ oftheiraciivity remains in providin8 fitw)cial supp)rt for the &y(¥nlon ofedueaiion for ijxlividuals from the Dudley are& A¢hleveme•ts aod perform•n¢e The Charity h&% made grants of £l.IXIO (2024..£22.650) during ih¢ y¢or; 10t funds of £212,372 (2024..£193.992) are available for disrribution if onlv suitable #pplicants can be fouTrd. Ai 31 Dnber 2025, the Endowment Furnl of the Charity was Y#lued ttt L?42.99912094:£2?a.823). Investments (including ¢h retsined for inveslment) held by the Charity it)creased in value during the year by £6.791120?4.. fell by £10.065). A f1 of £894 (20?4:£9.480} ofthe pernial ¢rKlowment arvj an increase of £7.865 (2024.. £585 fall) in unffstri¢i¢d Ch*rlty'J pollcy on regervej The Tr51$ endeavor to retsin a minimum of an average yr.$ in¢ome (£15,(MK)} to mttt any un¢xpected nttd or expense. Page 2
DANIEL PARSONS EDUCATIONAL CHAIUTY TRLSTEES ANNUAL REPORT-eootinued 12 months to 31 December 2025 Plans for future periods The Charity has no outside source of i]wme and is depeThJent upon the income from its I¢s1m¢n1$. The trustees will continue to use the income. li arises io meth the prescribed objectives of the Charity. There 8re no aniicipad plans to clw18e this policy in the fOttable fue. D¢drAtion Th¢ Trustccs de¢lar¢ that they h•v¢ approved the trusttt5' report above. Si8ned on behalf of the rlwity's trustees P Mwsh- Ch8im)8n ate:
DANIEL PARSONS EDUCATIONAL CHARITY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 U•ff$irftd F•ts Totsl 2025 FM 2014 RECEIPTS AND PA YMENTS ACCOUNT Rtttipts 17.IXI l7.ljo l(Q652 17.n7 5aks ¢1¢. 91.754 TLtslr¢ccFts 91,754 125,782 13fi231 PlNts IhntS' Ir1kttx4rnr5 fe¢ ChaTty fee ¢y#s¢s Inve$tsr¢nt theers, fee Asset etc 1.140 i J(M) 235 311 235 31 67th13 3,041 116.oy IqJ17 23.rf2 93,7(xS 141,745 ExEess of rt¢c¥ts o¥¢rpyttrti 10.9 31016 Cwh at knt)rAr¢r I719 610 107J99 111913 C&8h thii yeeTrJ 117.7_15 ?1. 107Jg4
DANIEL PARSONS EDUCATIONAL CHARITY FINAI%CIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Um5trkttd EththTr)w¢ot Total 202$ 2024 STATEVdENT OF ASSETS AND LIABILrriES CAsh F•Ads Lbyds Dank PLC CamtY¥J8e ar¥J Cwrts Ba EFG Harri5 aY 4?J52 75fi 42J52 30.942 72,853 1314) 21fj80 21J66 117734 139414 InvestmeAt Asiets SIMr¢s S¢CLYiLS at rnirket VAI 018 19 317 37 31 A¢cTred ¢xp¢w¢i minerfs fee IJKJ 95) Signed on behalfofthe ¢hariiy'$ trust¢es P Marsh- Chairn)an Dat¢.. PaBe 5
INDEPKNDEKT EXAMINER'S REPORT TO THE TRusfEES OF THE DANIEL PARSONS EDUCA TIONAL CHARrrY I rert to the charity tnLslees on my examin*ion of the accounts of the charity for the year ended 31 December 2025, which are s¢t out on page 3. Re8poo$ibilitl¢8 Ind b•sii of report As the charity's twstees you are reSnsible for the prwation of the accowjts in accordarKe with the requirements of the Charities Ath ?01 l {'the Act'l. I report in r¢$p¢¢t of my examination of the ¢harity's accounts carried under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commi55ion wmler se¢tion 145(5Xb) of the ACL Independtmt ¢xamlner's sta¢emeD¢ I have completed my examinaiiorL l ¢onfm no menl matters have comc lo my atlention in ¢OTJnection with the examitwion givin8 me cause to believe that in any matrriol T¢speth.' accounting records were noi k¢0 in resFect of the charity as required by section 130 of ihe 2. the accounts do not accord with those Teeonls: or 3. the accounts do not comply with ihe 4wlicable requirements concerning the form and content of accounts set out in the Charitie5 (Accounts and Report5) Rcgulalions 2008 othu than any requirements that ihe a¢counts give g Xrue and fair view. which 15 not a m4tt¢r considered as part of an indepeThJent ¢xomin&liofft. I have no concems and have come a¢ross other matter5 in eonnection with the examination to which attention should be drawm in this repon in order to enable a Pro undersw)din8 of the ounts lo rea¢hed. F L Clapham IFCA) CKCA I,imited ctle Court 2. C&stlegate Way. Dudley. West Midlands DYI 4RH Date: Pa8e 6