Docusign Envelope ID: AC2BC379-BD3E-4C33-A5B2-FCCA9D446495
FORSTERS’ CHARITABLE FUND
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 28[th] FEBRUARY 2025
Forsters’ Charitable Trust was established by a declaration of trust (“the trust deed”) dated 17th November 1998. The charity is registered with the Charity Commission under No. 1072844 under the name “Forsters’ Charitable Fund”.
The trustees of the charity during the period from 1st March 2024 to 28th February 2025 were Smita Edwards, Natasha Rachel Rees, Glenn Stuart Dunn, Fiona Ann Smith and Rosemary Natalya Schumm.
The trustees are all partners of Forsters LLP and they have the power to appoint further trustees, a power which they exercise in consultation with the other partners in Forsters LLP.
The charity’s registered address was changed from 31 Hill Street, London W1J 5LS to 22 Baker Street, W1U 3BW during the year. Forsters LLP moved office in January 2024 to 22 Baker Street, W1U 3BW. and the charity’s registered address was updated at the Charity Commission during the year to reflect the move. Post forwarding arrangements were in place during the interim at all times.
The charity’s bankers are Messrs C Hoare & Co, 37 Fleet Street, London EC4P 4DQ.
The trustees’ powers of investment are the wide powers given by the Trustee Act 2000, but the charity’s funds have not been invested, as the trustees’ intention is to spend most of their income each year and make no commitment for the future. The trustees have and need no policy on investment or reserves.
With the assistance of their clerk Michael Armstrong, an employee of Forsters LLP, the trustees meet as need arises and respond to requests for grants. Decisions are, however, generally made by exchange of email.
The charity’s objects as stated in the trust deed are wide. The trustees’ policy is to support other registered charities and charitable causes which have some connection with the partners, staff or clients of Forsters LLP. During the year, the trustees made grants to 74 charities (2023/24: 86 charities and 1 individual). A total of 78 grants were awarded during the year, with 4 charities receiving 2 grants each. The 74 charities supported were either clients of the firm or charities which clients, members of staff or the firm as a whole were supporting. The trustees intend to continue this policy.
The trustees are aware of the Charity Commission's guidance on public benefit. They believe that like other grant-making charities, the charity provides benefit to the public by its support of a wide range and large number of different charities, all of which provide services or tangible benefit to the public in their respective charitable activities. More indirectly, by encouraging its staff, clients and business partners to fundraise for charities, the trustees believe they make a small beneficial impact on the charitable sector as a whole.
The trustees do not consider that they are subject to any particular risk; all cheques are signed by two trustees and Mr Armstrong’s use of the charity's Visa card is subject to a strict monthly limit and the trustees' approval of all payments.
………………………………………….
Natasha Rees
For the trustees
DATE: 17 December 2025
Docusign Envelope ID: AC2BC379-BD3E-4C33-A5B2-FCCA9D446495
Forsters' Charitable Fund
Receipts and Payment Account for year ending
28[th] February 2025
| 2025 | 2024 | |
|---|---|---|
| Receipts: | Unrestricted | Unrestricted |
| Funds | Funds | |
| Partners' contributions | 55,500 | 52,500 |
| Gift Aid repayment | - | 13,125 |
| Interest earned (bank) | 499 | 329 |
| Total receipts for year | 55,999 | 65,954 |
| Payments: | ||
| Charitable donations | 53,300 | 74,005 |
| Professional fees | 1,194 | 1,140 |
| Bank charges | 6 | 60 |
| Other payments | - | 38 |
| Total payments for year | 54,500 | 75,243 |
| Net of receipts: | 1,499 | (9,289) |
| Cash funds at 1 March | 4,880 | 14,169 |
| Cash funds at 28 February | 6,379 | 4,880 |
Docusign Envelope ID: AC2BC379-BD3E-4C33-A5B2-FCCA9D446495
Forsters' Charitable Fund
Statement of Assets and Liabilities as at 28[th] February 2025
2025 2024 Unrestricted Unrestricted Funds Funds Cash funds 6,379 4,880 Liabilities - - le tet Law …………………………………………. DATE: 17 December 2025 Natasha Rees Trustee
Docusign Envelope ID: AC2BC379-BD3E-4C33-A5B2-FCCA9D446495
Independent examiner’s report to the Trustees of the Forsters’ Charitable Fund
I report to the trustees on my examination of the accounts of the Forsters’ Charitable Fund for the year ended 28 February 2025, which are attached.
Responsibilities and basis of report
As the trustees of the charity 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 Trustee’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 2011 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:
-
(1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
(2) the accounts do not accord with those records.
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.
[FabutA7F9EF6A8BE94F4...Signed by: Wood
…………………………………………………
Robert Wood, ACA Moore Kingston Smith LLP Chartered Accountants 10 Orange Street Haymarket London, WC2H 7DQ
17/12/2025