THE BATEMANS TRUST
Charity Number: 1072820
TRUSTEES’ REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
THE BATEMANS TRUST
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2025
STATUS
Declaration of Trust dated 14[th] March 1998 as amended by deed dated 1[st] May 2000 as amended by deed dated 5[th] October 2011.
TRUSTEES Rebecca Sewell (Chair) Paul Crosby Anne Desir Paul Gallagher (appointed 8 February 2025) Alex Jacob Vinod Hallan (resigned 4 August 2025) Sarika Jhawar Suzanne Kuyser (resigned 22 October 2025) Jemma Little Marion Mills (Vice-chair) Amanda Morris-Drake (deceased October 24) Natasha Conlon Michael Sewell PRINCIPAL ADDRESS 27 Stocks Lane Steventon Abingdon Oxfordshire OX13 6SS PROFESSIONAL ADVISERS Bankers HSBC plc Princess House 33 High Street Shrewsbury Shropshire SY1 1SL Treasurers Sophie Nottage/Rebecca Sewell (until March 2025), Paul Gallagher (from April 2025) Independent Examiner Olayinka Tomori ACA DChA Longmeade Consult Ltd The Old Rectory Springhead Road Northfleet, Kent DA11 8HN
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THE BATEMANS TRUST
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present the financial statements for the year ended 31 March 2025. These have been prepared in accordance with the Charities Act 2011 and the 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 (FRS 102) (second edition effective 1 January 2019) and comply with the charity’s Trust Deed.
OBJECTIVES
The charity’s objects are “to prevent or relieve poverty and advance the education of children under the age of 22 in Chennai, South India, by providing grants, items and services to communities and individuals in need”.
The charity aims to support and care for disadvantaged children and young people in and around Chennai, India. We help to advance the young people's educational attainment and maintain and improve their health and quality of life by providing safe and secure accommodation in an Indian state-registered home. We support a wraparound project for school children who do not have a safe home to go to after school. We support young adults in further and higher education and in vocational training. Funds are raised from sponsors, grants, gifts and events.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisation
The charity is constituted as a Trust and it is governed by a Trust Deed dated 14[th] March 1998 with the latest amendment dated 5[th] October 2011.
Recruitment and appointment of Trustees
Trustees are elected by existing Trustees and are selected from those who already have a good knowledge of the work of the charity and preferably have spent time in India with the charity or have special skills and experience which will assist in the governance of the charity. The need for a range of skills within the Trustee body is a major consideration in Trustee selection. Specific areas of responsibility are agreed by the Trustees to spread the considerable amount of voluntary work. Maintenance of accounting records is carried out by an accountant on a pro bono basis.
Two long-standing trustees resigned this year after many years of dedicated service. Paul Gallagher, who had previously worked as a volunteer with The Batemans Trust in Chennai, was appointed as a new trustee. He has taken on the role of treasurer.
Key management
The day-to-day activities of the charity are managed by the Trustees.
Partner charities
The Satkaarya Trust
The Satkaarya Trust is our sister charity in Chennai. It runs a state registered girls’ home and provides holistic care and support for vulnerable girls aged between 6 and 22.
In October 2024, The Satkaarya Trust submitted its application to the Indian authorities for the renewal of its Foreign Contributions Regulation Act (FCRA) registration. The application was refused in February 2025. This did not come as a complete surprise to the trustees as press reports had indicated that the wider political climate in India has led to many hundreds of charities losing their FCRA registration. A reapplication is in the process of being submitted by Satkaarya. We have been informed that we may not hear whether the Satkaarya reapplication has been successful until late 2026 or early 2027. A significant incident report was submitted to The Charities Commission by the chair of trustees.
The denial of the FCRA registration means Satkaarya’s FCRA account has been frozen and Satkaarya can no longer receive funds into its FCRA account from outside India.
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FOR THE YEAR ENDED 31 MARCH 2025
THE BATEMANS TRUST
TRUSTEES’ REPORT (continued)
The Satkaarya Trust (continued)
Satkaarya Trustees and staff have been successful in securing local CSR and other funding and Satkaarya currently holds sufficient funds in its local account to continue its valuable work running the girls’ home. They are actively seeking more funds from local individuals and corporate donors.
Steps have been taken to ensure that Batemans can continue to support our projects while the FCRA reapplication is taking place.
Little Lambs
Little Lambs is a well-established charity based in Chennai which has operated a school for over 25 years, providing education for vulnerable and disadvantaged children. Little Lambs has taken over the management of the wraparound project, with ongoing support from our project director in Chennai. The Batemans Trust funds the wraparound project fully, paying running costs to Little Lambs. The wraparound project provides daily after school activities, tuition, basic health care, and a nutritious meal to street children and other young people who do not have a safe place to go at the end of the school day.
Safeguarding
Annual safeguarding training was carried out with all Satkaarya and Little Lambs staff in Chennai. Batemans trustees and the trustees of our partner charities are all committed to carrying out regular safeguarding audits to ensure all protocols and policies are being followed. No safeguarding incidents have been reported in the last year.
Risks
If Satkaarya’s FCRA registration is refused on reapplication, the trustees of the Sakaarya Trust would have to consider new funding models from within India. The Batemans Trust would need to consider partnering with other charities in Chennai and south India which have an FCRA registration and that run projects that meet our charitable aims and objectives.
If the FCRA is not restored this will impact our long-term plan to fund the building of a primary school to be run by The Satkaarya Trust. Legal proceedings may need to be pursued in India to ensure the land owned by Satkaarya and the funds held for the build in Satkaarya’s FCRA account are unfrozen so they can be utilised for the purpose they were intended by the Trust.
PUBLIC BENEFIT
The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on Public Benefit when reviewing the charity’s aims and objectives and in planning future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.
Summary of main activities for the public benefit
The Charity has very specific objects, which focus solely on the work in Chennai and south India for which it was formed and constituted.
The percentage of cash spent on UK administration is less than 5% of the total income raised each year.
Trustees regularly spend time working with the charity and a number of supporters from the UK have visited our projects, giving very positive reports of their experiences. Any volunteers are properly DBS-cleared with references and are self-funding.
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TRUSTEES’ REPORT (continued)
THE BATEMANS TRUST
FOR THE YEAR ENDED 31 MARCH 2025
REVIEW OF THE YEAR – PERFORMANCE AND ACHIEVEMENTS
Summary of main achievements during the year
Despite the denial of the FCRA registration, the Satkaarya Trust continues to be approved by the Chennai authorities and the city’s social services team continues to refer children in need to the Satkaarya Girls’ Home. Outcomes for the children in our care continue to be excellent, in terms of their emotional wellbeing, educational attainment and health. This year all the children were taken on a holiday to the seaside, a first for many of them. Young people from our care have secured places at higher and further education colleges and have obtained employment, some in large multinational companies, which allows them to be financially independent.
A child admitted to the girls’ hostel last year with a life-threatening condition completed a series of operations, funded by the Trust. She was given excellent nursing care back in the girls’ home by a specially appointed nurse and made a full recovery. She was able to start school for the first time in her life in October 2025.
Wraparound Project: Outcomes for children attending the wraparound project have been good. School staff have reported better attendance, concentration and engagement during the school day.
Trustees’ visits: Trustees Anne Desir, Paul Crosby and Sarika Jhawar are visiting the projects in January 2026.
School build project: Designs have been finalised. Trustees Paul Crosby and Sarika Jhawar are working closely with an India-based architect and a licensed engineer. Plans are due to be submitted to the Chennai planning department in early 2026.
Finance : Income exceeded expenditure this year.
Oversight : Fortnightly meetings continue between Batemans trustees and the Satkaarya project director and administrator to ensure progress is maintained in meeting the trust’s annual objectives.
Fundraising: The trustees know they have a duty to raise money for the charity, both for current running costs and to finance the development project.
FINANCIAL REVIEW
Income was £85,349 (2024: £125,369), the decrease being because of a £50,004 legacy received in the previous financial year. Expenditure was £75,046 (2024: £83,331), a decrease of £8,285 mainly due to the reduction in grants being paid to Satkaarya in 2024. These activities resulted in a net surplus of £10,303 (2024: £42,038 net surplus) in the year.
Reserves policy
The total funds at the year-end were £136,863 (2024: £126,560) consisting of restricted funds of £1,000, the designated retirement fund of £9,100 and £126,763 of unrestricted general funds (free reserves). The charity’s policy is to hold around £20,000 as free reserves (unrestricted general funds less net book value of fixed assets); a sum deemed by the trustees to be appropriate in the light of the commitments of the charity and other uncertainties. The additional funds will be utilised on the various projects being undertaken by the charity in India.
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THE BATEMANS TRUST
TRUSTEES’ REPORT (continued)
FOR THE YEAR ENDED 31 MARCH 2025
PLANS FOR FUTURE PERIODS
The Charity intends to monitor the FCRA situation closely and is scenario planning for if the Satkaarya Trust’s FCRA registration is permanently cancelled.
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees of the charity 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 those financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that this basis applies.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charity (Accounts and Reports) Regulations and with the Trust Deed dated 14[th] March 1998 (and subsequent amendments). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the Trustees on 27[th] January 2026.
Rebecca Sewell Trustee
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF
THE BATEMANS TRUST
I report to the charity Trustees on my examination of the accounts of the Batemans Trust for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity Trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Olayinka Tomori ACA DChA 27[th] January 2026
Longmeade Consult Ltd The Old Rectory Springhead Road Northfleet, Kent DA11 8HN
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THE BATEMANS TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
| Total | Total | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2025 | 2024 | ||
| Notes | £ | £ | £ | £ | |
| Income and Endowments: | |||||
| Donations and Legacies | 2 | 62,797 | - | 62,797 | 103,902 |
| Other Trading Activities | 3 | 20,511 | - | 20,511 | 19,739 |
| Investment Income (Bank Interest) | 2,041 | - | 2,041 | 1,728 | |
| ----------------- | ----------------- | ----------------- | ----------------- | ||
| Total Income and Endowments | 85,349 | - | 85,349 | 125,369 | |
| ----------------- | ----------------- | ----------------- | ----------------- | ||
| Expenditure on: | 4 | ||||
| Raising Funds | 4,191 | - | 4,191 | 3,457 | |
| Charitable Activity | 70,855 | - | 70,855 | 79,874 | |
| ----------------- | ----------------- | ----------------- | ----------------- | ||
| Total Expenditure | 75,046 | - | 75,046 | 83,331 | |
| ------------------ | ------------------ | ------------------ | ------------------ | ||
| Net (expenditure)/income | 10,303 | - | 10,303 | 42,038 | |
| Reconciliation of funds: | |||||
| Total fund brought forward | 125,560 | 1,000 | 126,560 | 84,522 | |
| --------------------- | --------------------- | --------------------- | --------------------- | ||
| Total funds carried forward | £135,863 | £1,000 | £136,863 | £126,560 | |
| ========== | ========== | ========== | ========== |
All amounts arise from continuing activities and there are no recognised gains or losses other than those shown above in the Statement of Financial Activities.
The comparative Statement of Financial Activities is shown in Note 9.
The accompanying notes form part of these financial statements.
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THE BATEMANS TRUST
BALANCE SHEET
AS AT 31 MARCH 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ £ |
£ | £ £ |
|
| CURRENT ASSETS | |||||
| Prepayments and accrued income | 21,235 | 8,310 | |||
| Cash at bank and in hand | 125,148 | 126,770 | |||
| ------------------- | ------------------- | ||||
| 146,383 | 135,080 | ||||
| CURRENT LIABILITIES | |||||
| CREDITORS: Amounts falling due within | |||||
| one year | (420) | (420) | |||
| ------------------- | ------------------- | ||||
| Net Current Assets | 145,963 | 134,660 | |||
| Total Assets less Current Liabilities | |||||
| Provision for liabilities | 5 | (9,100) | (8,100) | ||
| ----------------------- | ----------------------- | ||||
| TOTAL ASSETS | £136,863 | £126,560 | |||
| =========== | =========== | ||||
| FUNDS | 6 | ||||
| Unrestricted Funds: | |||||
| General Unrestricted Funds | 126,763 | 117,460 | |||
| Designated unrestricted funds | 9,100 | 8,100 | |||
| Restricted Funds: | 1,000 | 1,000 | |||
| ----------------------- | ----------------------- | ||||
| TOTAL FUNDS | £136,863 | £126,560 | |||
| =========== | =========== |
Approved by the Board of Trustees and authorised for issue on 27[th] January 2026 and signed on their behalf:
Rebecca Sewell Trustee
The accompanying notes form part of these financial statements.
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THE BATEMANS TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with 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 (FRS 102) (second edition effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
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
The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The Trustees have made this assessment in respect of a period of one year from the date of approval of these accounts and have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern.
Income
Income recognised when receivable or when the charity becomes legally entitled to them and the value can be estimated with reasonable certainty.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Costs of raising funds comprise the costs associated with attracting income and the costs of trading for fundraising purposes. Expenditure on charitable activities includes project donations and other project expenditure incurred in furtherance the purposes of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. Designated unrestricted funds are funds committed by the trustees towards specific purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor.
Statement of cash flows
As a small charity, Bateman’s Trust is exempt from the requirement to produce a Statement of Cash Flows.
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THE BATEMANS TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
| 2. | DONATIONS AND LEGACIES | Unrestricted | Restricted | 2025 | 2024 |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Gift Aid | 9,573 | - | 9,573 | 8,310 | |
| Grand 100 Campaign | - | - | |||
| JustGiving | 2,456 | - | 2,456 | 1,939 | |
| Sponsorship income | 22,852 | - | 22,852 | 24,136 | |
| Tallow Chandlers | 5,000 | - | 5,000 | 5,000 | |
| Wish List | 2,764 | - | 2,764 | 3,703 | |
| Legacy | - | - | - | 51,005 | |
| Other donations | 20,152 | - | 20,152 | 9,809 | |
| ----------------- | ----------------- | ----------------- | ----------------- | ||
| £62,797 | £ | £62,797 | £103,902 | ||
| ======== | ======== | ======== | ======== | ||
| ----------------- | ----------------- | ----------------- | |||
| 2024 Comparative | £103,902 | £ | £103,902 | ||
| ======== | ======== | ======== | |||
| 3. | INCOME FROM OTHER TRADING ACTIVITIES | 2025 | 2024 | ||
| £ | £ | ||||
| Fund raising events: | |||||
| Truck Festival | 17,612 | 14,920 | |||
| Other events | 2,899 | 4,819 | |||
| ----------------- | ----------------- | ||||
| £20,511 | £19,739 | ||||
| ======== | ======== | ||||
| 4. | EXPENDITURE | ||||
| Total | Total | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Fund raising | 4,191 | 3,457 | |||
| ---------------- | ---------------- | ||||
| Charitable Activity: | |||||
| Support costs | |||||
| Bank charges | 156 | 156 | |||
| Project Consultants’ costs | 9,671 | 9,429 | |||
| Office expenses | 40 | - | |||
| Printing, postage and stationery | 1,107 | 858 | |||
| Trustee expenses | - | 1,615 | |||
| Independent Examination | 420 | 430 | |||
| ---------------- | ---------------- | ||||
| 11,394 | 12,488 | ||||
| ---------------- | ---------------- | ||||
| Donations | |||||
| Satkaarya | 59,461 | 67,386 | |||
| ---------------- | ---------------- | ||||
| ---------------- | ---------------- | ||||
| Total Charitable Activity | 70,855 | 79,874 | |||
| ---------------- | ---------------- | ||||
| TOTAL EXPENDITURE | £75,046 | £83,331 | |||
| ======== | ======== |
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THE BATEMANS TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
5. PROVISION FOR LIABILITIES
The charity has a constructive obligation to provide retirement benefits to consultants working on the projects supported by the charity in India. £9,100 (2024: £8,100) has been set aside for this purpose and the Trustees will revisit this provision on an annual basis. This obligation currently does not have a settlement date.
6. FUNDS
| FUNDS | |||||
|---|---|---|---|---|---|
| At 1 April | Transfers | At 31 March | |||
| 2024 | Income | Expenditure | and gains | 2025 | |
| £ | £ | £ | £ | £ | |
| Restricted Funds: | -------------------- | ---------------- | ---------------- | ---------------- | -------------------- |
| Grand 100 Campaign | 1,000 | - | - | - | 1,000 |
| -------------------- | ---------------- | ---------------- | ---------------- | -------------------- | |
| Unrestricted Funds: | |||||
| General Fund | 117,460 | 85,349 | (75,046) | (1,000) | 126,763 |
| Designated Retirement Fund | 8,100 | - | - | 1,000 | 9,100 |
| -------------------- | ---------------- | ---------------- | ---------------- | -------------------- | |
| 125,560 | 85,349 | (75,046) | - | 135,863 | |
| -------------------- | ---------------- | ---------------- | ---------------- | -------------------- | |
| -------------------- | ---------------- | ---------------- | ---------------- | -------------------- | |
| TOTAL FUNDS | £126,560 | £85,349 | £(75,046) | - | £136,863 |
| ========= | ======== | ======== | ======== | ========= |
The above funds are for the following purposes:
Grand 100 Campaign – Represents funds received towards the cost of the new building project in Chennai, India.
Designated Retirement Fund – Funds set aside by the trustees to provide retirement benefits to consultants working on projects supported by the charity in India.
Comparative Statement of Funds (2024)
| omparative Statement of Funds | (2024) | ||||
|---|---|---|---|---|---|
| At 1 April | Transfers | At 31 March | |||
| 2023 | Income | Expenditure | and gains | 2024 | |
| £ | £ | £ | £ | £ | |
| Restricted Funds: | -------------------- | ---------------- | ---------------- | ---------------- | -------------------- |
| Grand 100 Campaign | 1,000 | - | - | - | 1,000 |
| -------------------- | ---------------- | ---------------- | ---------------- | -------------------- | |
| Unrestricted Funds: | |||||
| General Fund | 76,422 | 125,369 | (83,331) | (1,000) | 117,460 |
| Designated Retirement Fund | 7,100 | - | - | 1,000 | 8,100 |
| -------------------- | ---------------- | ---------------- | ---------------- | -------------------- | |
| 83,522 | 125,369 | (83,331) | - | 125,560 | |
| -------------------- | ---------------- | ---------------- | ---------------- | -------------------- | |
| -------------------- | ---------------- | ---------------- | ---------------- | -------------------- | |
| TOTAL FUNDS | £84,522 | £125,369 | £(83,331) | - | £126,560 |
| ========= | ======== | ======== | ======== | ========= |
7. ANALYSIS OF NET ASSETS BETWEEN FUNDS
All restricted funds and designated funds are held as cash balances. The other net assets of the charity constitute the unrestricted general funds.
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THE BATEMANS TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
8. TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES
The Trustees did not receive any remuneration or benefits in the current or preceding year for their role as Trustees.
No expenses (2024: £nil) were paid or reimbursed to any (2024: None) Trustee in the year.
9. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES (31 MARCH 2024)
| Total | |||
|---|---|---|---|
| Unrestricted | Restricted | 2024 | |
| £ | £ | £ | |
| Income and Endowments: | |||
| Donations and Legacies | 103,902 | - | 103,902 |
| Other Trading Activities | 19,739 | - | 19,739 |
| Investment Income (Bank Interest) | 1,728 | - | 1,728 |
| ----------------- | ----------------- | ----------------- | |
| Total Income and Endowments | 125,369 | 125,369 | |
| ----------------- | ----------------- | ----------------- | |
| Expenditure on: | |||
| Raising Funds | 3,457 | - | 3,457 |
| Charitable Activity | 79,874 | - | 79,874 |
| ----------------- | ----------------- | ----------------- | |
| Total Expenditure | 83,331 | - | 83,331 |
| ------------------ | ------------------ | ------------------ | |
| Net (expenditure)/income | 42,038 | - | 42,038 |
| Reconciliation of funds: | |||
| Total fund brought forward | 83,522 | 1,000 | 84,522 |
| --------------------- | --------------------- | --------------------- | |
| Total funds carried forward | £125,560 | £1,000 | £126,560 |
| ========== | ========== | ========== |
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