Trefoil Guild The Trefoil Guild Trustees, Report and Unaudited Financial Statements for the year ended 31 December 2025 Registered Charity Number1075232
The Trefoll Guild Unaudlted Financlal Stotements for th8 year endod 31 December 2025 Index Pagè Charlty Informutlon Report of the Trustees Independent Examlner's report statÈmenl ot flnanclal uetlvltles Buloncè $heet 10 statemant ol cash flow Accounting polleles 12 Notes to the finunclul statements 15
The Trefoil Guild Unaudited Financial Statements for the year ended 31 December 2025 Charlty Intormation Trustees Mrs Karen Batter) Mrs Karen Cochrane Mrs Hilary Crane (finished1.7.2025) Mrs Eloine Diack Mrs Caroline Harries (finlshed15.5.2025) Mrs Lesley Haworth Mrs Heather Hern (finlshod 6.9.2025) Mrs Susan Hogg Mrs Jgan Kelly Mrs Jean Lawrowitsch Mrs Lesley Mathews Mrs Allson Plummer Mrs Chris Martin (finished14.4.2025) Mrs Sally Hollingham (started 11.2025) Mrs Caroline Steer (started 14.4.2025) Mrs Elizabeth Danlels (starl8d1.7.2025) Mis Morna Macdonald (started1.9.2025) Mrs Anthea Lister Istarted 7.9.2025) Prlnclpal office 17-19 Buckingham Paloce Road London SWIW OPT Register9d charlty numbèr 1075232 Independènt Examiner Geoffrey Frost BSc(Hons) FCA Cowley Priory South Pallant Chichester West Sussex P019 ISY Bunkers CCLA Investment Management Ltd l Angel Lane London, EC4R 3AB Unlty Trust Bank plc Four Brindleyplace Birmingham 812JB Investment Manager Rathbones Group plc Incorporating Investec Weolth & Investment Ltd 30 Gregham StrÈ8t London EC2V 7QN Page I
The Trefoil Guild Unaudited Financial Statements tor the year ended 31 December 2025 Report of the board of trustees The trustees hcwe pleasure in presenting their annual report for the PUTPOSeS Ot the Charities Act 2011, together with the accounts for the year ended 31 Decemb8r 2025. The trustees havg adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting ond Reporting by Charitios. (FRS102) in preparing the annual report and financial Statements of the charity. structure. governance and managoment The Trefoil Guild is a registered charity constltuted under a Royal Charter dated 14 December 1922 and operoteg under a constitutlon which was last updated in June 2023. The Trefoil Guild was registered as a Charity on 23 April1999. The Trefoil Guild is a branch ol The Guide Association but maintains a separate identity. It is Independently udministgred and 18 tinancially self-supporting. It is organised at national level by committees of volunteers who meat regulorly throughout the year. All major decisions and all the activities of this organisation are conducted by volunteers apart from off ice administsation tasks covered by four members of staff. The board of trustees Is the governing body of The Trefoil Guild where all majoT policy decisions on strategy are made. The boord of trustees Is supported by 2 sub-committees, the finance ond g&neral purposes committee and the operational committee. The finance and general purposès committee progresses policies and procedures and considers oll finuncial matters In the flrst instance including the annual budget before bringing proposals and recommendations to the board of trustees for decisK)n making and approval. In a similar way the operational commltte8 aims to support th& board in the delivery of the strategic prioTlties and national initiotives. In accordance with the Royal Charter and Bye-Laws of Thè Guide Association, The Trefoil Guild is controlled and managed by means of a constitution lor The Trefoll Gulld. Appointment and induction of trustees The boord of trustees is mude up of the national chair, the deputy (if appointed). the chairs of the countries and regions, the treasurer, the chair of the finance and genèral purposes committee and the national advisers. The president and the chief guide may ottend as non-voting members. The training and induction of new trustees is the responsibility of the notional chair and the deputy (if appoir)ted) and covers the duties described by the Charity Commission as well as the roles and responsibilities which arg spècific to the Trefoil Guild. Risk management The trustees have considered the rlsks to which the chority is exposed and have completed a formal evoluation of these. The trustees are supported by the fin(Jnce and general purposes committee who regularly review and assess the key risks, and systems and procedures are established to mitigate and manoge them. Page 2
The Trefoil Guild Unaudited Financial Statements for the year ended 31 December 2025 Report of the trustegs Governance The Trefoil Guild is a branch of rhe Guid8 A&sociation but is indgpendently administered and is self- supporting. The administration of The Trefoil Guild throughout the United Kingdom, which includes the Tretoil Guild in Foreign Countries is vested in the board of trustees of The Trefoil Guild. Regulation is by the trustees. The board of trustees is empowered to.. Managg and règulate the affairs of The Trefoil Guild and promote new ideas and projects, Provide an efllcient channel of communication between the central administration and local guilds, Promote co-operatlon and support between Th8 Trefoil Guild and other orgonisations to which it is linked Appoint such sub-committees as may be nec8ssary for its èffective working, Provide an annual report of activilies ond a financial report to members each year. Ex off icio voting members The chair of The Trefoil Guild The deputy choir (if appointed) The treasurer of The Trefoil Guild The chuirs of committees of the board of trustees The country and region chairs of The Trefoil Guild Advisers of The TTefoil Guild Ex officio non-voting members The president of The Trefoil Guild The chief guide The constitution of The Trefoil Guild lays down the composition ol the board of trustees and the arrangements lor appointments. Note that advisers and committeg choirs attend as gither voting or non-voting attendees as designated in their role descriptions and terms of office on appointment. Objectives and activitiès The charity's objects aTe'. Keeplng alive among the members the spirit of the Guide ond Scout promlse and Icsws, Carrying that spirit to the communities in which members live and work, and Giving practical, morol ond financial support to Guiding and Scouting. Durlng 2025 the charity worked to progress its plons to realise the charlties strategic priorities, nomely Review and develop the organisatiOF)al structure and processes A locus on recruitment and retention of the membership Promote and support equality, diversity and incluglon Develop and gtrength8n communication across and within The Trefoil Guild Enhance member opportunitieg 8nsuring that they are accessiblè ond achievable for all Page 3
The Trefoil Guild Unaudited Financial Statements tor the year ended 31 December 2025 Report of the trusteès In carrying out the charitws activltl8s for the year the charity has hod due regard to the Charity Commission's guidance on public benefit. The chorlty invites all members of the public tojoin as long as they are at least 18 years of oge. Our members support the public., for example, by working with local Girlguiding and Scouting groups in the UK and overseas and supporting local and national charities both financially and wlth their time. The charity engaged with tho wider membership ot their national conference to rgview its current priorities and agsess the changes required to take the charity through to 2029. Achi•vements and p&rformonce The Trefoil Guild Continues to develop and enhance its programme and opportunities to enable all membors to havg a positive and meaningful experience. Led by the board ol trustees, it is supported by thè finonce and generol purposes commStte& ar)d the operational committee. During 2025 there have been Several changès to th& board, as trust998 came to the end of their term of office, giving the board some chall8nges but olso opportunities for development and change. In all 5 new trustees joined the board. Our charity's objectives of supporting Girlguiding, Scouting and the community have continued with many of our members b8ing actively involved as190ders or supporting on an ad hoc basis. Throughout rrefoil Guild members work with their communities os well as supporting local and national charities. At th& 2025 Annual Meeting the Trefoil Gulld supported a local Belfast charity as part of the overall meetlng objectives. Trefoil Gulld plays an octive role in supporting now Girlguiding units by providing Starter Pocks. Additlonal financial support to new units has continugd throughout 2025 due to thg profit made from the salg of the 80th annlversary challenge badgès which wont to this worthy causg. The Trefoil GLJlld offers grants which arg ovallable to our mgmbers, their carers and Girlguiding volunteers, with additional financiol support to those travelllng overseas on projocts or to attend conferences. Communlcation Trefoil Guild continues to produce 4 issues ot The Trefoil magazine a year, which is circulatgd to all members giving news, storiès, and key updates. M8mbgrs arè also issued a highlight roport following aach boord meeting focusing on any key issues, cascad8d through the country and region chairs. Our websit8 gives our membors and the wider public an insight to Trefoil Guild activities and all that we do. The wèbsite is also o m(Jlor means of sharing policies and procedures and gives eoch country and region a portul to share their local activities, events, and news. Social m6dia through Facebook and Instagram remains a core means of communication. Page 4
The Trefoil Guild Unaudited Financial Statements for the yeor ended 31 December 2025 Report ot the trustees Grow mèmbershlp und retaln exlstSng mgmbers We continue to attract around 1,200 new mombers per year with our developing programme opportunities and rgtain èxisting members noting that loss of membership is generally due to our older m&mbers no longer being able to attend meetings. Trafoil does enjoy havlng membeTS coverlng the full age spectrum from18 to over100 years. Thanks and rècognltlon The Trefoil Guild knows how important It is to thank its members for whot they do. The Thanks and Recognitior) badge and certificate r&moins a popular way of doing so. For outstonding servlce to Trefoil, th8 speciul Silver Trefoil aword (formerw the Silver Brooch) is ovailable and has been presented to two members this year, Following review, however, It was identified thot there was a need for an additional award specllically torgeted at our members. Thls has been developed and will b& launched in January 2026. This will complement the existing Silver Trefoil (Jward. DoloP our key messages: flnd Irlend$hlp. got activel got involved and giv& support Trefoil Guild members find friendship in all they do but the following programme activities mean that membgrs ore getting ir)volved and 9iving support in communitigs both at home and abroad. Almost 100 members found friendship and got activ& in the bgoutiful Stalfordshire Peak District on our biannual walking holiday. The weoth6r wasn't kind, but mombers werg not put off and providgd support ond encouragement, and with true community spiriL a lot of lun was had by all attending. Our TOPAZ (Trefoil Overseas Partngrship Adventure with Zest) programmg continued in 2025 with a teom travelling to undertake community and Girlguiding projects in Lgsotho. A team has olso been wo¥king on a Thailond project which will take place in January 2026. Trefoil ware mindful thot not all members can loin a TOPAZ project and health, finances and security concerns can make travelling difficult. To giv& oll mombers an international experience we launched International (Jt home. A chance to 8xplore another country without leaving your own, choosing a destlnation, reseorching its cutture. food, and traditlons. and sharing your discoveries with others. We relaunch8d our STARS challenge, which h8lps guilds to create varied, interesting, inclusive, and meoningful progrommes and to help retain and attract members. There org badges for thefive themes which together form a stor. The relaunch was so successful that new stock had to be purchased to meet member demand. Our other challenges such as Motivata tocusing on members setting their own goals across land, sea, and air, promoting friendship and lun while challenging themselves to st&p outside their comfort zong. Treloil's Voyage aword, which is the ultimat8 personal chollenge, incorporates 5 different areas (service, myself, tgamwork, skills, and explore my world) and continues to be extremely popular with 325 m&mbers starting theirjourney in 2025 alone. Of those completinglgvels, 92 members achieved their Bronze award, 41 their Silver ond 52 members ottain8d the highest award ol Gold. Page 5
The Trefoil Guild Unaudited Financiol Stotements for the year ended 31 Decomber 2025 Report ot the trusteès Mnan¢ial revlew ot thè year The Trefoil Guild's financial affairs are summarised on the following pages,. the ossets are considered to be adequate to fulfil all known obligations. The Trefoil Guild organised three events dLJrlng 2025., th8 Annual Meeting held in Belfost, the National Conference and the walking hollday. The Trefoil Gulld benefited from a grant of £39,700 from the Belfcjst ond Northarn Ireland Conference Support Schemè and was fortunate to receive a large bequest from a former member. As a result the total income for the yeor increased by SOY. to £543,513 (2024- £337,636) and total expenses increased by 2gy. to £475,156 (2024- 2367,886). The volue of our invegtments increased during the yeor by £33,068 (2024 - £14,411),. resulting in net increase in totol funds of £101,425 compaTed to a deficit of £15,839 in the previous year. At 31 December 2025, the ch(Jrltyls Ir&e reserves (l.&. unrestrlcted funds excluding tangible fixed assets) totalled £629,922 (2024.. £53g,900) with £38,517 (2024.. £36,587) designated lor specific purposes 0$ set out in the notes to the accounts. Thg Trefoil Guild's investments were valued at £517,864 (2024.. £489,512) at the balunce sheet date and formed part ol the net assets of each fund os follows: The Unrestricted Fund ot £254,944 (2024.. £334,422), th& Support Development and Rell8f (SDR) Fund at £12,673 (2024= £11,944), thg Hollday Fund at £87,439 (2024.. £83,306) and the 8ursory Fund at £62,808 (2024: £59,840). Grants from the restricted and designat8d funds havg been made when requested. The Holiday Fund, the Bursary Fund and the SDR Fund all remain in a healthy state. Invo6tm?nt pollcy The trustees oim to achieve both income and growth from their Investments, while maintaining a low risk strategy. Professional advisers and fund munagers are employed to manage the funds and their performanc8 is regularly reviewed by the finance and g8n8ral purposes committee. Reserv¢s pollcy The trustees consider that the gÈn2rul reserve should be maintained at between on8 and two year's running costs with a contingency for emergency or unforeseen costs. General reserves at 31 December 2025 of £629,921 {2024.' £539,900) Tepresent 146/ts ol this year's expenditure (2024'.147y.). The trustees plan to manage the reserves by'.- a. ContiT)uing to support countries and regions in promotlon ol the Trefoil Gulld,. b. Absorbing any potentlal reduction in m8mbership,' and c. Enhancing members. services Page 6
The Trefoil Guild Unaudited Financial Statements for the year ended 31 December 2025 Report of the trustees statèment of Irusto8s' responslbllltltss The tnjstees are responsible lor preporing the Trustees. Annual Report and the flnancial statements in occordance with applicable law and United Kingdom Accounting Standords (United Kingdom Generally Accepted Accounting Practice). The low applicabl8 to charities in England and Wales requires the trustees to prepare financial statements for each finoncial year which give a tru8 and lair view of the statè of affairs of the charity and of the incoming resources and application of resources of the charity for that perlod. In preparing these finoncial statements, th@ trustees are required to.. s&lect suitable accountlng policies und then apply them congistentw,. observe th8 methods and principles in the Charities SORP 2019 (FRS102); makejudgements and estlmates that ore reasonable and prudent, state whether applicable accounting standards have been followed, subject to any materiul departures disclosed and exploined in the financial statements; prepare the fSnanciol statements on the going concern basis unless it is inappropriute to presumo that the charity will continue in operation. The trustèes are responsible lor keeping proper accounting records that discltsse with reasonoble accuracy at any time the financial position of the charity and enable them to ensure that the finoncial gtatements compty with the Charlties Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provlsions of th8 trust deed. They are also responsiblg for safeguarding the assets ot the charity and hence for toklng reasonable steps for the prevention and detgction ol fraud and other irregularities. Appolntment of Independent examlner Geoffrey Frost has indicuted his willingness to act as indepondent examiner for the year to 31 December 2025 und a resolution to appolnt hlm wlll be put to the board of trustges. Approved by the trustees ond signed on thelr behalf. IE c4 a02 Tr tee Dote Page 7
The Trefoil Guild Unaudited Financlal Stotem8nts for the year ondod 31 December 2025 Independent examiner'$ report Independent examln¢r's report to thetrustees of The Trefoll Gulld I report to the charity trustees on my examination of thg accounts of the charity for the year ended 31 December 2025 which are set out on pagos 9 to 26. Re$ponslbllltles and basis of Mporl As the chority's trustees you are responsible lor the pr8porotion of the accounts in accordanc8 with the requirements of the Charities Act 2011 ('the Act'l. I report in respect of my examination of the chcArity's uccounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under sectlon145(5)(b) of th8 Act. Independent Exumlner's statement Since the charity's gross income exceeded £250,000 your exominer must be a member ol a body list8d in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am o member of the Instltute of Chartgred Accountants in England and Wales, whlch is one of the listed bodi8S. I havo completed my exomination. I conflrm that no material matters have come to my attention in connection with the examination giving me cause to belleve that in any material respÈct'. accounting records were nol kept in respect of th& charity os required by section130 of tha Act,. or the accounts do not accord with thosg records,. or the accounts do not Comply with the appllcable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than ony requlrement that the (Jccounts give a 'true and f(Jir vièw. which is not o matter considered as part of an independènt examinotion. have no concerns and have come across noother matters in connection with the examination to which attention should be drawn in this report in order to enable o proper understanding ol the accounts to be reached. Geollr Fro Blue Splre Li caeV Priory South Pollant Chichester West Sussex P019 ISY t BSc(Hons) FCA ited Date Page 8
The Trefoil Guild Unaudited Finoncial Statem9nts for the year ended 31 December 2025 statement of Flnunclul Actlvltles 202 2024 Unrstrf¢t•d Rastrlctsd Tothl Ttrt¢fl Fund8 Fund$ Fundfy Fund8 Not8 INCOMEAND ENDOWMENTS FROM: Donotlons and18gaeios Charitable o¢tivStles 79,503 39,700 119,203 1,380 Mèmb@rship subscdptions Members uttivltitrs ancl services provldèd Natlonal Conference 279,414 SZ386 279,414 270,174 52,388 29.520 43,500 29.520 Members Gath&rlng Walk 41450 1415D 42A50 Invgstmènts 6,390 20,540 21602 Totlll 497,423 46,090 543,513 337,636 EXPENDITURE 0. Raising funds Choritcjble actlviti£$ 3?32 I85 4,717 4,893 Grants poyobl Nlmb8rs' actwities and sèMtt8S 4,312 4,180 8,492 20,059 424,247 12,ODO} 429,891 39,700 463,947 12,0001 475,156 341,134 Contributions 2,000 Yotal re8ource8exp¢nd¢d 45,285 367,886 Galns I Iiossès) on Investm8nt8 24,420 8.648 31068 Net Incomlngl(outyoln9) r8BOUt¢•s 91,952 gA73 101,4125 15,839 Trunsler¥ bgtw•an lur$ 16 Net mov•ment inlunds 91,952 9,473 10).425 115,U391 RECONCILIAT]OhlOF FUNDS Totul fund8 brou9htloTrword 18 576,487 206,703 783,100 799.D29 TotullundÈ earrleil forward 668,439 216,176 884,615 781190 Th9 choi¥ hus no recognisÈd goins or losses other thon thosè dealt with in the staternent of financial activities. Pug• 9
The Trefoil Guild Unaudited Financial Statements forthe year ended 31 Decemb&r 2025 Bulance Shget us at 31 Decembgr 2025 2025 2024 Not• FIXEDASSÉTS Invesim&nts 517,864 489,512 Total Ilxgd uss•ts 517,864 489,512 CURRENT AgsÈTS Stock 12 11,726 9,256 Debtors 13 45.833 38,247 315,757 Cash (Jt hand and in bonk 428,586 Total cuffÈntu888t8 485,625 363,280 CURRÉNT UABILITIES Credltors.. amour)t5 folllng duè within one year 14 11&874 69,582 N•t curront U880ts1{Ilubllltle6) 366,751 291678 NetUSBOt• 884,615 783,190 YHE FUNDSOFTHÉCHARITY Expgndabl8 endowment funds Designoted funds SDR fund 18 218,176 206,703 34,363 4,154 32,603 Plotinum fund 3,984 38,517 36,SS7 539,900 Generol fund 629,922 Totcjl unr8Stricted lunds 668,439 576A87 Totul ¢h4rltyfund6 8B4,615 783,190 Thè Ilnanclol stotèmènts on pages 9 to 24 wer8 approved und outhorls8d by the trustetrs on_ thoir bèhalf by.. ond signad on t8è Page 10
The Trefoil Guild Unaudit8d Finar)cl(Jl Statements for thg year ended 31 December 2025 statement ol Cush Flow 31 D•eomber2025 31 Dec•mbor2024 Nèt¢ush Il[lrOM opwutlng actlvltles {890 bolow) B7,553 16BA95) Ca¥h Iltswfrom Snvestlno tsetlvltl88 Inv8Stment incom8 20,540 (167,9881 172,704 22,602 1339,183) 353,563 Payments lo acquire investm9nts Receipts on sttle of Inv8Stments NBttush flow Irom invesllng uctSvSlles 25,256 36,982 Not Incr8uso1{deCrse) In ca8hond ¢gshèqulvalonts 111809 {31,513) cu$hand cush oqulval•nt& atl Junuary 325,444 356,e57 Cush und cu#h wulvalont8(rt 31 D?¢èmbor 438,253 3?5,444 c#$hand cush equlvulènts con818t ol: Cash ot bonk ar in 428,566 9,887 315,757 Cosh h81d withln Investmant portfo>lS0 cu$handcush 0gulv4l•Dtsot 31 Decomb•r e,687 438.253 325.444 RO¢onelllutlon gf notln¢om8 to not¢u$hflowlromoporutlnguctivitl•s 31 Decembèr 2026 31 i>•eèmb•r2024 Net income IOIA25 115,8391 Adjusted for.. Investmènt Incomo Net Igainsllio&sÈs on Inv8stmentS (In¢rèas8lldecreose In StkS (IncreLysel/docreas8 in debtors Irrreas8lldecrgusÈ) In creditors 120,540} 133.0681 13470} 17,086) 49,292 122,602) 1020 (18,464) Èoi (130721 152,656) 87,553 68A95 Page 11
The Trefoil Guild Unaudited F1nancial Statements for the year ended 31 Decembgr 2025 Accounting Pollcle8 Q•nor(41 Informutlon, scopo busistsfthollnonciul $tottrmants The Tretoll Guild is an urnSncorporat8d churlty eonstltuted under a Royol Chorter and CLlnStitutK)n. ThÈ oddr8ss of th& principLyI off9 gn In the reference ond administrative details section and the notur8 Ot the charlw's OperaOnG und prlnclpal activlti&$ 010 glv8n in the trusteès. r&irt. The churliy constltutes a publlc bgnefit entlty us dÈfined by FRS 102. Th? flnanclal stLJtemonts have b&8n pr8pared in LJccordon¢È wlth Accounting and R8POrtlng by Chcfrities.. Statement ot Recommended Procti¢o oppllcrJbl& to charitiès preparing th&lr accounts in csttttsrdance with tho Flnanclal R8POTtlng Stondard oppllcoYbl8 in the UK and Republlc of Ir81and Issued Ir) Otttober 2019, th8 Finonclal Reporting Stondord appliccsble in the Unlted Klngdom anLI Republlc ol Irelond IFRS 1021, the Charities Act 2011 UK Genorolly AccepteLI Acoountlng Proctlc8. The flnoncial statoments are Prepared on a gtslng concain $1$ und8r the historicol tost ¢onventlory modified to inclurl& cgitoln Items at fair value. The financial stotements ure presentod in st8rllng whlch Is the functionol currancy of tho choritv und rounded to the netyrost o. Thè SnIfiCant accounting policles Lypplied In th8 pr8puration of thos8 Ilnanclul stutgmgnts arè sat out below. The$& politiès huvo been conslstenuy opplled to ull yeors wesented un18SS OthenlSe statèd. Incomlng TsOu•& All Incomlng resources ure Included in the Stat8mgnt of FSnonclol Actlvlties ISOFAI when the charity is 18gally entltlèd to tri8 incomo oft8r any pertormttnc8 cor)dltions hav& b98n met, tho umount ean be m8asured rtliabty ond It is probable thgt the incorr¢ wlll b& rgceived. Investment ir)come Is through holdlng asssts ftsr Snvastmant purposgs su¢h 0$ shar&s. It incluLles dividends ond irit&rÈst. Wherg it is rK)t procticable to identlly Invsstment manogemeThr costs incuiied withSn o schemo with reasonoblè accurocy th& inv8Strnent income is rgported nèt ol th8s8 CLISt5. It is included when the amount ton be m8usured reliably. Int8r8St income is r8cogni5ed tjsing th8 emective intèr8St method und and r8nt1ncomo is rè¢ognlsed as th8 charivs r1ght to fè¢elve pcryment15 &Stabllshed. RO$QLIrttr$ expended All expenditur8 Is accounted for on un accrutsls btssls and hos been closslffed under headings thut oggregot8 all costs related to the cot89ory. Expendlt(Jr8 Is r8cognlsed wh8r8 th8re 18 a legol or constructfve obllgotion to makè poymgnts to thirLI part18S, It Is probcbl8 Ihot th& settlement will be requlrers ond the umount (>f th8 obligatK)n can be meosured r811ably. It 18 cot8gorised under th8 following éxpèndlture heudings". R¢Jising funds. th8S8 include Invgstmgnt mantsgemènt lees charged by the tharlty's investment monagers. Choritoble octivities.. thesè Includ8 grants to third parlles and the costs ol odministering the Chorlty Sncluslv8 of governa8 costs Page12
The Trefoil Guild Unuudited Financlal Statements for the ygor ended 31 December 2025 Accountlng Pollcle$ RèkOUiCOS pended IntInUEd) Grants payoble to thlrd prJrtie8 are within the charltablg oblectiveg. Whore uncondltlonol grunts or8 offeied, this l& otcruèd os soon the retiplènt Is notllled of the gront, os rh1s giv88 rise to L7 reasonoble è%p8ctotion that the recipient will re¢eivÈ thè grant. Where gronts ore conditional r&loting to Pgrlormanc8 th8n th8 gront is only uccrued wh8n any unfuKi51ed conditions re ouislda of the ¢ontrol of thè chority. Support and gowrnon¢g costs are thos8 thot osslst thè work of the chority but dts not dIrecV r8prÈsent charitable uctivities. They or& Incurred directly in support ol e%pendSturè tsn thè obj8Cts ol th8 charlty. Govèrnoncè costs ura thos& incurred in the govèrnaThc8 of the chority ond PTlmoTily as8OClQted wlth thè constitution cnd stotutory requlrÈmÈnts. VAY The choilty Is not r8glst8red for VAT und Is Ljnablg to rèctrvor VAT Incurr&d. On thls bLYSiS Costs grè FecordÈd Incluslvè of VAT within the SOFA. Tuxutlon Th8 chority Is tonsldered to pas5 thg tests Set out in sectlon$ 521 to 536 Incom8 Tax Act 2D07 IITA 20071, os such no Income tax Is payobl6 on the chaAly's actfvltles. Investm•nts Inv6stmenrs or8 recognlsed initltslly ot falr value which is rMlIV th8 tTansaction prlce exttludlng trunsactlon cost Subsequ&ThtW, thèy ar8 m&usurgd ut falr vttlue with changes rocounlsgd In'net galns I Iiosss) on investments, In th8 SOFA il the shares ¢7rÈ publlcly tradeL4 or their fair volue can otherwise bè mets&ur8d r81iably. Other Investmonts oro meoÈLJred at cost l&ss impalrm&nt. Where Inv&stments ure dtrnomlnut8d in curr¢n¢SgS Othèr than St9r11n tiaThso¢tlons ore tran8lat8d ot th& rats prevoiling ar thg dote ol the trunsa¢tK>D and yÈor end values are tulculot8d using the eKchongÈ rote prevoillng at th8 yoar enLI. Inv8Stments held in ftrr6ign currencies Wherè Inv8Stmenl assets ore held in o foreign tuiièncy they are trunsloted ot thg prevlIng rutg at the t(slon¢g sheet dote gainl1088 on exchunge rat8 movements is included In the statement of financlol activities in the other recognised guins ond losses sectton. $toeks stocks conslst of a small rango c>f m8rchandlsg. Debt$ rècelvubleund credltor& puyublfrwllhln trngyeur Debtors und creditors wlth no stuted interssi rut8 ond rgcglvubl& or payoblo wthln on8 yetsr uro re¢ordèd at tronsactlon price. Any lossgs orising from Impairment orÈ reoognised in expenditure. Page13
The Trefoil Guild Unoudit8d Financial Statements for the year endgd 31 December 2025 Accounilng Pollcles Fund accounllng Unrestricted Incom8 funds or6 ovulloblg for us8 at tho distr&on ol the trustees in fU[trOnte of th& gen8ral objective5 of the churity ond whlch hov? not been designated for Other purposes. RÈstrlcted funds are funds which are to bÈ uséd In uccordunce wlth speelllc rèsrrlctions imposgd by donors or whlch have b0Èn raised by the chorlty for particular purposes. Th8 Cost ol ruising ond ttdmlnist8ring such fund$ is chorgod ogalnst th8 spe¢lflc fund. The aim ond us8 of gach restrict fund Is set out in the not&s to the fInal1 stateTn8nts. Otslttg concern The finontlo1 stat8ments hove bèèn prepared on a golng concern basis os the trvsteÈs believ8 that no material un¢&rtolntl&$ exist, The trustees have consid$red rhe 1gv81 of funds hold ond the expect8d 1oV0101 incomKJ ond expenditure for 12 months from authorislng th8se flnonciol stotem8nts. The budgeted Incomè and expenditurè Is $uffl¢l•nt wlth th8 level of reserves for th& ch(xrlty to bo obl8 to contlnu8 as o golng conc8r $tut•montofcashflow The Stattsment of Cash Flow is includgd In the currgnty&or's flnoncial stat8m8nts in u¢¢ordancè wlth th8 provision of FRS ID2. Pago 14
The Trefoil Guild Unaudltgd Financlol Statements for the year ended 31 December 2025 Not•8 to Flnunclal Statoment$ l.Incom•fromdonutions und lagacle8 2025 2024 Unrostrlcted Reslrlctèd Total Unre5tr1¢t¥d R•strlct•d Totul Funds Funds Funds Funds Fund¥ Fund$ Donatlons and graTht$ Legocies 403 39,700 40,103 79,100 60 1,360 79,100 79,503 39,700 119,203 1.380 1,3SO I Incomefrom churltuble uctlvltles 2025 2024 Unr•Btrl¢t¢d Restrlct8d Totul Unrestrl¢t•d R8strScted Totol Funds Fund$ Fund6 Fund¥ Funds Funds 8rnb8rship subscriptLon$ 279,414 279,414 270,174 270,174 IAemberB' activities Or s@Nlces prowded MaguzinÈ odvtrtisirYJ Annuol me8tlngs tsnd bttdg8S Advlser5 m>lng Soles 5,591 5,591 6,732 6,732 21,073 24,210 24,210 4,901 15,154 21,073 4,901 15,154 2,.799 9,333 2,799 9,333 TOPAZ 1,648 1,915 43.500 1,648 Voyog8 Award 1530 2,530 1,915 51386 52,386 43,500 National Conf8rènc8 29,520 29.520 Members Gotherlng Walk 42,450 42,450 403,770 403,770 313.674 313,874 Note.. Not all Trefoll events ar8 held on an annual bosls. Page15
The Trefoil Guild Unouditgd Financial Statements for the year ended 31 December 2025 Notgs to Flnunclal Stutgments 3. Inm&frOM Invè$tYh•nt8 2026 2024 Unrestritted Rfrstrlcted T¢tul Unra8trlcled RO$tTl¢t8d Totul Fund8 Fund& Funds Funds Fund¥ Fundts DividÈnd incomo & int9r88t r8C81vad 14,150 14,150 6,390 6290 20,540 6,49? 6,492 22,802 22602 20,540 4. Expèndlluraon ralslng lunds 2025 2024 Unre8trlcted Rtsslrlctsd Total Unrèstrletstl Restricted Toiul FuThd$ Funds Fund$ Funds Funds Funds Investmènt managèmtsnt foes 3,332 3,332 1,385 1,385 4,717 3226 3226 1,367 1,367 4,693 4,893 4,717 B. Expandlturvoneharltabloaclivlties 202$ 2024 Unrèstrkted Restricted Totol Unrestri¢td R•stvlct8d Totul Funds Funds Funds Funr18 Funds Funds GOLD grants TOPAZ gronts sturt8r packs Grants to fr&loil membors ond 13A30 13,430 3,580 3,580 4050 4,050 3,832 3,832 2,579 1579 480 600 1.080 donution& 4,312 4,180 8,492 20,059 2D,059 Pagpl8
The Trefoil Guild Unaudited Finoncial Statemgnts lor the year gnded 31 December 2025 Notes to Flnanclal Statemgnts 6. Expèndlturoon churitoblo uctlvltl88- memb*r8' uctlvltl•s und 8èrvl¢•$ 2025 2024 Unrestri¢ted Teastrlcted Totol Unrastrlcted R•$trl¢t•d Total Fund8 Fund$ Funds Fundt FundB Fund$ M&mbershlp support Direct costs 121,005 121,005 41,516 94,957 41,516 94.957 Support costs 232,360 232,360 138A73 138,473 Tref1 m(7gazine rect costs 95,145 95,145 01,3?8 14233 91,378 14,233 Support Gosts 16,894 111,839 16,694 111,839 105,611 Annuol report Diréct Costs Support costs 13,027 13,027 13.027 13,027 Annual meeting Direct costÈ 14,194 39,700 53A94 27,739 27,739 21028 Support costs 25,861 40,055 25.861 21028 39,700 79,755 49,767 49,767 Govornonc8 Costs Dlr8ct co$rs 10,555 10,555 24,618 13,$49 24,618 support Costs 16AII 13,549 25.966 26.966 3B,167 38,187 424,247 39,?DO 463,947 341,134 341,134 Page17
The Trefoil Guild Unaudited Financlal Statements for the year ended 31 December 2025 Notes to Flnanclal Statements 7. Exp•ndltur&onchurliubleaetivitl•s- contrlbutions 2025 2024 Vnr88tTScted ke$trlct8d Total Unmstrl¢tod R•strfct8d Tot(Il Fund6 Fund8 Fundts Funds Fund$ Fund& CtsntrSbutions {2,000) 2,000 IZDOO) ?,OOD ,000 2,OOD 2,000 zooo 8. Ex<tmlnor'$ feè$ 2025 2024 Untestrleta Rostrlcted Totul Unrestricted R&$trlet•d Totul Funds Funrl8 Fund Funds Funds Fundg Indep8ndent exominèrfs fess 1,650 1,650 1,650 1,650 9.W4gets und tsulaTy¢O#t 2025 2024 To141 Funds Funds Gross wog8S Employer$ notlonal Insurance costs Employèrfs pension contr1bu0fiS 138,433 14080 11.620 164,113 9.523 8,032 135.486 There wèré no employees with ernoluments (excluding employer pension ctssts) obov8 £60,000 in this or tho pra¢oding yeor. stolf numbers, on an cweragg headcount basls, Lrnalysed by funcilon wos.. 2025 2024 Admlnistration of thorltable activitie5 The number of stoff towtrM r8tirement bÈnallts are uccruing undar dÈfinÈd contribution scheme4 anolysÈd by function wtss-. 2C$25 2024 AdmlnSstratlon of charitable octlvlti&s Page18
The Trefoil Guild Unaudited Financial Statements for the year gnded 31 December 2025 Notes to Flnanclul Statemgnts 10. Relatod pgrlytransuctlons During thè yÈor under review und tho tomparatlV6 year montsgèmènt ol th9 churity was the responsiblllty ol th& trustees with day-to-day operotlonal tasks undertuken by a smrjll odmlnistroiivÈ teum. Thg trustees ale unremunèraierl and ther&fore ther8 is no Informolon on k&y manogomont parsonn81 r8munorution and b&tItS to discltrse. None of the trust8es iecaived any remuneration or receNed uny oth8r b8n8flts from èmploymont wSth thg charlty durlng thg year unLlgr rèvSow or the compcsrativ¥ your. Fllto&n (2024.. trusteas or their represeTht(5tlves w8re reimbursed or &xpans8s poid on thelr behalf for irowl ond subslstèncè totalling £9.120 {2024.' £10,427) oluTlng th& yeur under review. 11. Flxèd usset 5nve8imètit$- munagedlunds 2025 2024 Tolgl Ttstul Invèstmants ¢osh FundB Inve$tment$ Catsh Funds Recoh¢lllutl•nol mov•mèM tsn Inv88tments Market vttlue brought I00rd Addltions at cost 481,600 166,213 (172,704) 33,068 7,912 489,512 166,213 (172,704) 33,066 474,622 5,172 479,794 346,130 (353,563) 346.130 1353.583) Dlsposols proc8eds Chong? in morket value Net in¢rÈasèlldecreos9} In cosh Marker value carried foN4ttrd 1,775 9.687 1,775 517.864 2,74D 7,912 1740 489,512 5D8,177 481,600 Th• Invg$tm•nts ubov•artr unuly8eda$lollows: Cash und cash 8quivalents Llsted Investments 9,687 9,S87 7,912 7,912 508.177 508,177 517,864 481,600 481,600 481,600 489,512 508.177 9,887 7.912 Pago19
The Trefoil Guild Unaudited Financial Statem9nts for the year ended 31 December 2025 No108 to Flnanclal Statoments 12.Sto¢k 2025 2024 Tottyl Totul Fund8 FundB Brooch8S 413 Voyage uword mot&riul8 Stors badges other bodges und Items NÈckers 2,607 2,293 2.?48 2,512 1,431 5,395 1,286 2,797 9,256 11,726 13. 11obtorÈ 2025 2024 Tothl T¢*to1 FuntlB Funds Trade debtors 247 PrÈpoyments and o¢cwèd Income 4B,333 38,000 38.247 45,333 14. Crèdltor6'. amountsfulllng du•wlthln on•y¢gr 2025 2024 Totul Totul Fundts Fund¥ Trodg creditors 79,4414 35,091 Attruok and deferrèd Income 39,294 32.210 other creditors 136 2,281 118,874 69,582 Page 20
The Trefoil Guild Unaudlt8d Financial Statements for the year ended 31 December 2025 Notes to Flnanclal Stutamtrnt& 16. Analysis tsf n•t o8s8ts between fund$ Unrostrfcted Funds 2025 Genvr¥l Dèslunutad Funds R&strlcted Total Funds Fu*d$ Fiyed ossots 354,944 12,673 150,247 65,930 517,864 485,625 1118,8741 884,615 Currgnt ussets 393,851 1118,874) 629,921 25044 38,517 216.177 Unrestricted FLFnds 2024 ¢•herol Doslgnuted Fund$ Restricted TOt<il Funds FuntFs Fund8 Frxtsd ossets 334,422 11,944 24,643 143,146 489,512 Currenl (Jssets 275,060 189,582) 539,900 63,557 383,260 (69,5821 783,190 Current liubllltles 36,SB7 206,703 Pagg 21
The Trefoil Guild Unaudited Finoncial Statgments for the year endgd 31 December 2025 Note$ to finanelal Statom9nts 16.Anuly$ls of not movemont Sn funds 2025 Totolfunds Totgl Total Trun81818 Total lund brought forword Incomlng ra8Ou$ rosour¢es Gulnsl(losses) lJetween èxponded on investments funds currl8d lorwurd Restrl¢t•d fund¥ HolKlay fund BLJrsory fund Beiiast Northern Irgiand 3,192 11,406) 14.159) 4101 118,086 9&090 95,504 3,198 3,547 39,700 Conferon¢e Stjpport Schtsme OthÈr r8Strict8d {39,7001 206,703 46,090 45,265 8,648 216.176 unre8trl¢IIuThds Dtrsignated funds SDR fund 31603 3,984 883 BTI 34,363 4,154 Plotlnum fund 170 36,587 1,053 496,370 497,423 877 3B,517 629,922 Gen8rul fund 539,900 1429091) 1429,891 23,543 Totol unrestrletod funds 576,487 24,420 686,439 Totol funds 783,190 543,513 1475,1561 33,068 884,615 Pagè 22
The Trefoil Guild Unaudited Financial Statements for the yea¥ ended 31 December 2025 Notes to Flnanclal Statomenls 16. Anutysisof net mov•mant Inlund$ (¢•ntlnLtad) 2024 Tottyl funds Totol Totul Tronsfar& Totul funds brought lorw•rd In¢•mlng r•80UTces rosouices Goln&l{lossos) b8tween expèndèd on invfrstmenl¥ fund• ¢urrl•d R•$trlct8dfund¥ HolSdtsy fund Bursary fund other resirlcted 106,546 3,353 {795) 15721 1095 91,718 3,139 1,210 95,504 198,264 6,492 1,367 3,314 206,703 Unrastri¢ted lunds gnoted Itjnds SDR fund 31,327 3,789 35,116 1,008 195 383 31603 Pbllnum fund 3,984 383 36.587 Ggnerol fund 565,649 800,785 329,941 1366,404) 386.519 10,714 539,900 Total unr8Strlcted funds 331,IA4 11,097 576,487 Ttstol funds 799,029 337,836 1367,88sI 783,190 Pugg 23
The Trefoil Guild Unaudited Financiol Statements for the year ended 31 December 2025 Notès to Flnanclal Statements 17. Dtrscrlptlon of funds The purwse of the H011duy Fund is to gwe financlal help to leLJLlers, ex-lèadèrs and Trefoil Gulld mambers to 8nabl8 th8rn to hLEve o Mu¢h n8Èded hollduy, whlch they could not oth8nthse afford. The purpose Of the Bursury Fund 1$ to provlde help to TrBfoll Gulld mgmbgrs wth the cost of trttln1ng ottendance ot Gother5ngs ond g8n8rally to dirèct ben8fit in conntrotlon wth Trefoil octivities. The purpos8 01 the gront from the Belfv$t und Northern Ireland confèranco Support SGh•mg wtts to offset the costs of the Annuol M9ating. Thg purpose of the d¢signoled fund called thè Support. Developmont und Rfrliof Fund (the $DR Fund) Is to provide flnanciul help to Glrl Guldes and Glrl Scouts las Indlviduals or groups) or to tommLJnitles worldwide (including thè Unlt8d Kingdom) whon ond whèr8 linan¢iol ussistonc8 is seen to bè nÈ8cl8d to susttsin thèlr vioblllly, to olevebp their mombership or wlth unexpecttrd dlsast8r8. The purpose of rhe Plutinum Fund Is to asslst mgmbÈrs of Treloll Guifd wlth Q¢LJtÈ mental or physical disability arid fhose who ure suffering from o t8rminul illnèss or (J $8rious illrne$s from which there IS Thts PIOSPO¢t of lull recovgry, to gnoblts thom to toke par¢ with thoir ¢aiers as requir$d, in Treloil Guild actwiilès. A seconLlury purpose is to assist Members with toring Tesponsibilities who Incur hlgh costs tol support care whll$t Ihey ottaNJ thoir moetlngs. 18. Flnanclal instruMantÈ The carrylng cjmounts of the ¢horfty's linunclul Instrum8nts ure £75 follows.. 2025 2024 T¥tul Totul Funds Fund$ Fln¥n¢lala6S0tB Meosur8d at fabr vtslu8 through net In¢omollexpgThditur& Frxèd osset investmtsnts 517,864 517,864 489,512 489,512 t)ebt instruments rneosurèd at c£mortlsed ¢ost.' Trade debtors {note14} 247 247 Flnunclal IlubllltloÈ Measured ot omortlS8d cost.. Trad8 cr8ditors Inotè151 79,444 79,444 35,091 35,091 Page 24
The Trefoil Guild Unaudited Financial Statements for tho yeor ended 31 Dgc8mb8r 2025 Notes to Flnanclal Stotement$ T8. Flnonclul In8trumont¥ {contlnu¢d) Thè Incom&, 8XP8nsg, ngt galns and n&t109soS OitrlbLJtttblè to tha chorlty's fSnanclal Instruments are summarisgd as follows.. 202S 2024 Totul Totul Fund Fund$ Income und Èxpense Finonciol asset5 meosured ot folr value thrwgh net income}lexpenditurel Investment Income 20.540 14,7171 15,823 22,602 14,893) 17,g09 Investment monugemont f&&s Natoalnts und losses {Includlng Ghungo$ In lulrvulu•) Finar)cial osststs meosurod ot lolrvolue through net Incomelloxponclituro) Goinsllio888s} or) invèstment$ 33,068 33,068 FIxoLI usset Investm8nts cr8 held at falr value with voluotlofts obtoined uslng lost traded or closlng midlbld market prlc8S US availoblo. Page25
The Trefoil Gulld Unaudited Financlal Statements forthe year ended 31 December 2025 Note8 to Flnancial Statements 19. Comparutlve stutem¢ntof flnunclul t4Ctlvltlo8 2024 Unrastrlcted R6strlct8d Total Funds Fund• Funds Not• INCOMEAND ENDOWMENTS FR¢XI: Donatlons ond lÈgaties horiiable actlvltles 1,360 1,360 Membershlp subscdptlons èmb&rs' activltle8 and seNi¢èÈ provlded Member$. Gaiherlng Wolk 270,174 270,174 43,500 43.500 Investments 6,492 22,602 Total 331,144 6,492 337,636 EXPENDITURE ON: Ruising funds Charltable activit18S 3M26 4,693 Grants poyoble M&mb8rs' ¢Jctivlti6s and s?tViCèS 20,059 20,059 341,134 2,DOO 341,134 2,000 367,886 Contributions Ttst41 r•Èourco8 8xp•nd•d 366,519 1,367 G(7in51 Iiossesl on investments Unrgulised 12 11,097 314 Notlncomlngl{oulgolhg) ra8ource8 24,278 8.439 15,B39 TMn61erB botwoèn lund8 17 Not movemontln lund¢ 124,2781 8,d39 115,839} RE¢ONCILIATION OF FUND$ Ttstul fund$ broughttorwurd 17 600,765 19&264 799,029 Total lundÈeurrlfrd forward 17 576,487 206,703 783,190 Page26