CHARITY NUMBER: 1068930 Re t ofthe Trnslees and Financial Statements for the ear ended 31 Au ust 2025 for Richard Radcliffe Trust
Richard Radcliffe Trust Contents of the Financial Stsiements for the Year Ended 31 Au st 2025 Page Legal and Admini8trLtive Infthination Rewt of the TNstees Independent Bx2miner'8 Reporl Statement of Financial Activities Balance Sheet Notes lo the Financial Statements
Richard Radcliffe Trust Le al aDd Administrative Infomiation for the Year Ended 31 Au st 2025 CONSTITvfioN Ricbard Radcliffe Trust 18 a registered charity governed by its tnt deed. Charity number.. 1068930. TRUSTEES As set out Lll the trust deed, the charity is controlled by a minimtun of three truste&8. Future trustees are appointed by resolution of the trustees. Th¢ truste¢s of th¢ charity, who seTved during the year and since the year end, are two of the executors ttamed in the late Richard Radcliffe's Will: Mr A Bell Miss P J Radcliffe Appointed as a trustee on 29 September 2010: Dr P Radcliffe (deceased 21.04.26) Appointed on 4 May 2023.. Frances Germaine Radcliffe REGISTERED OFFICE Castle View 77 Moreton Road Buckingharn BuckittghaTnshire MK18 IJZ ACCOUNTANTS SiEma Parthers D¢lmon Hous 36-38 Church Road Burgess Hill West Sussex RH15 9AE CAF Cash Ltd Kings Hill West Malling KentME19 4JQ INVESTMENT ADVISORS Charles Stanley & Co Ltd 100 South Stre Eastbourne East Sussex BN214QJ
Richard Radcliffe Trnst ort of the Trustees for the Year Ended 31 Au t 2025 Th¢ tteeS present their report togcthcr with thc fe]l stat¢ments of the charity for the year ended 31 August 2025. Objectives and activities: The objects of tlle charity stated in its trust dced are gencrdl charitablc purposes at the trustees. discretion. Th¢ Ite¢s, policy is to support the following charitable activities.. &) Assisting physically handicapped people. b) Giving young people a better start in life though providing fid5 for technical training. c) Supporting hospice care for the temiinally ill. d) Providing help for people who are severely deaf andlor blind. e) Nature conseryancy. Any other causes that the tsustees consider to be &ppropriate. To 2¢bieve these objectives, and in view of the funds available, a registercd chkrity was created t(> administer the funds and to make grants for the objects stated above. The trustees have complied with the duty in section 4 of the Charities Act 2006 to bave due regard to the guidance published by the Charity Commission and in particular public bcllcfit guidance. Achlevements and Performance: The LNstees nnItOr tbe work of the charities to which grants are paid by rcading annual alld other reports suppli¢d by those charities. The tnLStees believe that pthlic benefit has been delivered in thc ar¢as of the advxnc¢menl of education, the advancement of health, thc advanccmcnt of eit17Lnship 2nd thc relief of those in need by re280n of youth, ill-health, disability and fmancial hardship. Public benefit will Gontinuc to b¢ a¢hiev¢d by ¢nsurin8 that grants issued meet the charity's objectivcs and arc in the publi¢ interest. Flnanclal Revlew: Th¢ INst has a strong and stable fancial position at the balancc sbcet date. with investments v21ueAI at £2,157,110 and current assets of £154,497. There are minimal ¢reditor8 and unrestric¢¢d fund resery¢s of over £2 million. It is the tNstees' inteniion to distribute the whole of the available income y¢ar by year and to maintain th¢ reserv¢s level in OTd¢r to ¢ontinue to generate income frorn invcslmcrLt& The management of the Itust's investment portfolio is in the hands of Charl¢s Stanley & Co Ltd. The ¢h•ity's investment policy is to invcst thc funds available to hl¢ve a balance of illcome generntion 8nd capital growth, with due consideration to ethical and ciivironm¢nlal factors. The tDtstees believe the chaiiry's assets are adequat¢ Lo thlfil its obligations and consider that the tNst will remain a going concern well into thc for&s¢¢able fithire, for i minimum of ttvelve months after the reportins date. The tNst ELas scl up a system to idelltify and pay grants to individual charities. Gr8nts of £67,000 were made during the year. Grdnts of bctweets £2,000 and £5,000 were awarded during the year.
Richard Radcliffe Trust Re ort of the Trustees t 2025 Strueture> governance and management: The Ttwt is eonstithted as an Unin¢0Or1td charitable trust rcgistcrcd with thc Charity Commission in the Manag¢tnent of the charity was vested in four tru8tee8 for the period, two of whom were the executors of the lal¢ Richard Radcliffc's will. All of the trustees named on page I, bave served tbroughout the year, one trnstee has died since the year end, but the other three have continued to scryc. Appointment of trustees is governed by the TLUSt Deed of tELe charity whereby the existing trustees have the power to #ppoint further tn]stees as required. When a fiher lThstee is appointed, they are introduced to their new role and given copies of the (rust deed and a guidc to thc policics and proccdurcs adoptcd by the charity. A numbcr of publications from the Charity Collllnission are also provided to en8ure that new ttteeS are aware of the scope of their responsibiliti wider the Charitic5 Act. Reference and administrative detalls: Thc charity is called. and is Imown only as, Richard Radcliffe Trnst and the registered charity num is 1068930. Th¢ ttgal and Administralivc InfonDalion, including the principal office and naLTLes of trustees. is set out on page l and forn] part of this report. The financial statements comply with current statOry requirements and the FRS 102 Statcjncnt of Rccommcnded Practice. Eiemptions from dtsclosure: None. Tru$tees Responsibllities in relation to the Financial Statements: Law applicable to charities in England and Wales i'equires thc tNStccs to prcparc financial statements for each financial year which give a true and faTr view of the charity's fmancial &ctivitie5 during the year and of its finAD¢ial p)sition It tbe cnd of thc y&v. pr¢p]ng thosc fitwicial statements, the trustees are required to.. (a) select suitable accounting policies and apply them consistently. (b) make judgements and estimates that are reasonablc Jnd pmdcn (¢) State whether applicable accounting standard8 and statements of recommended practice have been followcd. subject to any d¢parturcs discloscd and explained in Ih¢ financial statements,. (d) prepare the finartei218lat¢ments OD a going ¢on¢¢rn basis unlcss it is inappropriatc io pr&sume that the charity will continue in OpetiOn. Fllnds held as Custodian trustee on behalf of others: None. Approvlll: This report was approved by the tmstees on and signcd on their bchalf. P Radcliff¢ (Trust¢¢)
Richard Radcliffe Trust Ind endent Examiner's Re orttothe liffe TTUSt We report on the financial statements of the charity foT the year ended 31 August 2025, which are set out on PAges 5 10 9. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER As the charity's trustses, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Acf,). We report in respert of our examination of the Trust's a¢Ull carried oul under section 145 of th¢ 2011 Act and in carying out our examination, we have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. BASIS OF INDEPENDENT EXAMINER'S REPORT Our examillation was Caled out in accordance with the General Directions given by the Charity Commissioners and under s145 of the Charities Act 2011. An examination includes a review of the accounting records kept by the chaTity and a comparis¢m of the financial statements presented with those recoiils. It also includes eonsidcration of any unusual items of disclosurcs in the accounts. and s¢¢king explanations from you as trustees concerning ally such lltter$. The pn)c¢dur¢s undertaken do not Provide all the evidence that would be required in an audit, and consequently w¢ do not express an audit opinion on the true and fair view given by the financial statements. INDEPENDENT EXALWINER'S STATEMENT In corm¢ction with our examination. no matter has come to OUT attention: which giv&q us reasonable cause to believe that in any material re8pect the requirements to keep accowlting records in accordance with section 130 of the Charities Act 2011. for the accounts to match the accounting records. to prepare the accounts in accordartce with the Charities SORP (FRS 102). and to prepare financial statements which accord with the accowiting records and to comply with the accounting requirements of the Charities Acts have not been mec. to which. in our opinioffj attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Simon P Lta FCCA Sigma Partners Chartered Cettified Accountants Delmon House 36-38 Church Road Burgess Hill West Suss¢x RH15 9AE Dats..
Richard Radcliffe Tn1 Ststement of Financial Activities illcludin Income and Ex lld1re AOUnt for the Year Ended 31 Au st 2025 Total Funds 2025 Tvtal Funds 2024 Notes Incoming R0ree8 Investment Income 77,165 60.640 TotAI Incoming Resources 77,165 60,640 Resource5 EIpended Charitable ExpendittTre Grants payahle in furtheTOn¢e of the Charityg Objectives Management and Athninistration 67.000 18.207 25.0 26.288 Total Resources Expended 85207 51,288 Net {Outgvillgylncoffling R¥suurce Before Revaluations and Investment Asset Disposala -8.042 9.352 ILo6sesyGains on revaluations and disposals of ill5tsnt asKts 72.422 172.373 Net movemettt irt Funds for the year 64.381 181,725 Total Fullds brought forward Cash settled into Trust during th¢ y¢ar 2,244,948 2,063.223 Total Funds carried forward 2,309.329 2,244.948 All activities above relat to unrestrickd futtds. The $txtement of financial activities includes summ&ry income and expenditure account and all gains and losses reColSed ifL the year. All incoming rOurceS and resources expended derive from continuing actsvities.
Richard Radcliffe Tn]st Balance Sheet 31A st 2025 2025 2024 Notes Flxed Assets Investments 2.157,110 2,158.646 2,I57,110 2,158,646 Current Assets Accrned Income Cash al Bank 4,074 150,423 4.247 84,245 154,497 88,492 Creditors: Amounts falling due within one year io 2,280 2,190 Net Current Assets 152217 86,302 IY¢t A$$ets 2,309,327 2,244,948 Funds Unre4tricted fiu)ds 2,309,329 2,244,948 2,309,329 2,244,948 All fidS are ullrestricted. Approved by th¢ trustees on and signed on their behalf by.. . P Radcliffe (Trustee)
'ehard Radcliffe Charitable Twst Notes to the Financial Staiements for the Yeai. Ended 31 Au st 2025 PubUE BÈneflt Eotlty The Rieh8rd R8d£ffeT[lls1 i5COll81ituled as ¢hstit4bl¢tlll •LwJRglst¢rl in the Ullited It is a publie benef elltiiy. GolThg Cott¢trn The xc<)unlsh4ve tttll piep3red goiogconcem bas. There at¢no rna(erioIw8101IeB rhe c&illS dbilityto agow8cOrtcem. BasLs ofPrepritioD The f1nancialslatctnL¥ atr prEp8ted Uellbekn0K1e ooBt coDventiOD Tridifid byth2 OfinvrrAen18 al rnarkeivalu¢aDd in wiihthe Ch&ritIei StatctncniofRccotntllcndcd PClie¢lFRs 10218nd Mlh th¢ ChaTities A¢i2011, The finartcialsiatemenls eprepTt on aNawuab b•sii. IllY¢sthheDt Ime lTrwm¢ from Auity, fix¢dint¢r¢st4nd cash is included When[¥1¢ by IILechAtity. Intere$tReEdvllbie lo1 is I1(1¢ wh¢ThtereivAblEy thech&tity. Resources Expended Resourees expeAdedare induded in tbe smlOr FitthllGi•IA¢iiviii¢$on artAccrnaL8 bASiS, IlsLY¢&fANy VAT wJu£b coonot &eruovered. Flxed knetlAve5kncnts Ilnvestmellts ate iDciuded4lFaiI Valwith&al$ otl¢s$Ès iacluded th¢ptofjt attd aecouot. Fai[vel 15detemutsÈdbyquothd thaiketwices. held by [b¢ch'1¢Y8[¢.. Ullrestrietcd 8eller&l fuDds- Ihe5eatethnd5 whicb caTh bBuscd in accotdallccwith IheeharitAbie obiecuLihe d1screiionofl iDJstees. Le1 StAtuJ ofthtCb#ilty Th¢th&rily is ¢wstih]ttduDdet&knst dEed.
RiChd Radcliffe Charitable Trust Not the Fillancial Staienwts for the Year Ended 31 Au 2025 Inve6lmeDt lllttsM 2025 24 DiVi8[eCtLVLIe eqUItY veJits 29,011 12,149 35,840 26,771 8,598 25,150 on.UK ]nteresite¢eiwbJe fixed ittrest se£wiEies 77,010 60,519 EcresE Keceivoble fromLwh 77,165 60.640 Grants psyabl¢ In fDrikner#nc Df tli¢ Cbrity'S ObJeÈttves TriDg th¢yeoL. the Cb4rityaNde grnts to th¢ FOUDWu ¢bities'. 2025 2024 wdraré YC2 Y(£ CrersYouth Club ProJeci st[Life Matuets Hospice Buckl8h1M Yourh Ccntre South Bucks HospirclButtufyHousel Chaiity HttiwFoulldaw Nalion4lTheal Bletth1ÈyPk RAW Work&knp Ikntblind KilnTbeotre Roy41 Court (ThEÈllgli4h Stage COp) ChesthutTre¢Iknuse MKSDap H#rittg Dw fortheDeaf The Siorymuseu K8llJuilleHouse Hospiee CuJtunutiiiyCAYeNortb Bucks KangwQsDibIlityClllb InwAei StrLeSupport Avtisrn RlY Swon Citd4&1 Urbth Proje¢ts (Tr forcitiesl Moorfieid5 Eye Charity olviC 3JK)D 5.(KJD 3.(M)O J.th)o 3,fy)0 J,oo 2,ts)0 3000 3100 2.QOO 3I00 3,100 2,COO 4.0 3.0 4.000 3,0 56.0 18,Of ÈvvadonoftheThurLlryslde WifeT¥[ Bvglife Fut¢ Tree5 FTrn$t 4.OiNI 3.0(K) kn8dale Colkciion 2,fy)0 2,ty)0 11,fy)o 7,WO 67, 25.ODO Ail wereall de toothe£harir8bkinslibJlions,llQL¢ W D0? to 1J1¥10&.
Richard Radeliffe Charitable Trust Notes to the Financial Ststements arE malli8cml And Admlnlitr4tlL 2D15 224 kndcpcDdBDiknit fccs Ixgol& Professio081 f¢es TYeS(Sn1 tAInBMeIt Bankeh8rges 2250 2,190 1,287 22.742 69 15,878 79 L8,207 26,288 Trtts received ThoremuowiiyJtt12024.. £Nill and w¢renot re15¢d forèThyof ib¢ir txpertseiift th¢pr. 12024.. £Nill Fixed AssetlnTRStments Mqrk V¥llle asai Mark Vilue urckases Disposal pr(e5 Calnl 8s£i I Stp 2024 31 AuB2025 UK FLYed LDLefc5t 780.087 613,494 -12.658 -13,378 767,429 593,177 Equith IJO,442 1,393,581 IJO,442 -26,036 1.360,606 NoJb- UK Filed interest Equilie5 765,OS5 46,994 98,457 796,5Q4 2,158,646 177,435 251,393 72,421 2,157,110 Allof the abov¢e bsted Credllors: Amounts Folllni Dut withln Oll¢Yeir 102S 24 Acctu 2,280 2,19 2,280 2,19Q RdatedParry TY8Msaedon8 rektedparty trawcti¢ns duringth¢ yearland nme irt20141.