## **Alleyn Benevolent Fund Registered Charity Number 1075579 Financial statements for the year to 31 July 2025** **The Trustees present their report and the financial statements of the charity for the year ended 31 July 2025** |**The Trustees**|Mr Chris Heayberd (Chairman)||| |---|---|---|---| ||Mr Mick Walker (Treasurer)||| ||Mr Mike Jones (Secretary)||| ||Mr Neil French||| ||Mrs Pippa Hawkesford||| ||Mrs Lisa Pavlovsky||| ||Mr Mark Grogan||| ||Miss Elizabeth Frost|Appointed 3 June 2025|| ||||Page| |**Contents**|Trustees' annual report||1| ||Independent examiner's report to the President||2| ||and Management Board of the Edward Alleyn Club||| ||Statement of financial activities||3| ||(including income and expenditure account)||| ||Statement of financial position||4| ||Notes to the financial statements||5| |**Independent Examiner**|Mr Jason Peck (Chartered Accountant)||| ||176 Lordship Lane||| ||East Dulwich||| ||London||| ||SE22 8HB||| ## **Alleyn Benevolent Fund Registered Charity Number 1075579** **Trustees' Annual report** **for the year ended 31 July 2025** ## **Governing document** The Alleyn Benevolent Fund is a registered charity governed by a Trust Deed. - Charity Number 1075579 ## **Appointment of Trustees** The Trustees are appointed by the President and the Management Board of the Edward Alleyn Club. One Trustee is nominated by the Headmaster of Alleyn's School. The number of Trustees must be more than four but not more than ten. Each Trustee is appointed for a five year term and, at the Trustees' discretion, further terms can be served. ## **Object of the Charity** The object of the Charity is to provide financial assistance by way of grants or loans for educational or other purposes to those beneficiaries in need. Beneficiaries are those who are or have been connected with Alleyn's School. ## **Risk Management and Reserves** The Trustees must comply with current Charity Law and must keep financial records, produce Annual Accounts which must be subject to an audit or independent examination. The Trustees must hold at least two meetings a year and a record must be kept of each meeting. The Trustees must maintain a bank or building society account in the name of the Charity which must be operated with at least two signatories of the Trustees. ## **Financial review** Total Income received in the year amounted to £35,764 (2024: £20,720), of which £10,000 related to monies received from the Edward Alleyn Club as initial funding for a third bursary award which the ABF hoped to award in the next accademic year. The ABF provided funding for two bursary awards during the year amounting to £16,896 (2024: £16,680). Between 2019 and 2024 Alleyn's School provided funding for the Pupil Support Fund. In 2025 the school decided to adopt a different approach to supporting pupils who had traditionally approached the ABF for support via the PSF and as a consequence it was agreed that the PSF fund balance of £1,628 be transferred to the General Fund and the PSF wound up. Historically a significant and important part of the Fund’s income was derived from a payment made by the Edward Alleyn Club to the Fund representing 20% of leavers subscriptions to the EAC. Between 2022 and 2024 income from the EAC payment was replaced by a payment received from Alleyn's School. In 2025 the EAC income was reinstated and amounted to £8,357. Income exceeded expendture for the year by £17,240 (deficit £11,733 in 2024), largely down to the additional funding received from the EAC for a new bursary award. We continue to receive investment income earned from the Fund’s investment in Charifund Income Units together with a small amount of interest earned from funds held in a higher rate deposit account at Barclays Bank. ## **Future** The aim of the General Fund is to continue to support two bursary awards to two or more pupils to allow them to complete their A level studies (years 12 and 13) at Alleyn's School. Without this assistance it is likely that several pupils would have to leave the School prematurely because of financial difficulties. Subject to continued support from the School the aim of the Pupil's Support Fund is to provide financial assistance to the pupils of Alleyn's School to allow them to take part in the full range of activities that is offered by the School. Mick Walker Hon. Treasurer 10 February 2026 **Page 1** ## **Alleyn Benevolent Fund** ## **Registered Charity Number 1075579** ## **Independent Examiner’s Report to the President and the Management Board of the Edward Alleyn Club** I report on the accounts of the Alleyn Benevolent Fund for the year ended 31 July 2025 as presented by the Trustees of the Fund. ## **Responsibilities of the Trustees** The Trustees are responsible for preparing accounts for each financial year that give a true and fair view of the state of affairs of the Fund, and of its income and expenditure, keep adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Fund, maintaining such internal controls as are necessary; and for safeguarding the assets of the Fund. ## **Basis of Independent examiners report** My examination includes a review of the accounting records kept by the Fund, and a comparison of the accounts presented with those records. It includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees on those matters. The examination does not provide all the evidence that would be required in an audit. Consequently no opinion is given as to whether the accounts present a 'true and fair view' and my report is limited to those matters set out in the statement below. ## **Independent Examiners statement** In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that, in any material respects, adequate accounting records have not been kept, or that the accounts for the period are not consistent with the accounting records to which, in my opinion, attention should be drawn to the President and the Management Board of the Edward Alleyn Club in order to enable a proper understanding of the accounts to be reached. ## **Jason Peck (Chartered Accountant)** 176 Lordship Lane East Dulwich London SE22 8HB 10 February 2026 **Page 2** ## **Alleyn Benevolent Fund** ## **Registered Charity Number 1075579** ## **Statement of financial activities including Income & expenditure account for the year ended 31 July 2025** **==> picture [399 x 379] intentionally omitted <==** **----- Start of picture text -----**
Year to 31 Year to 31
Notes July 2025 July 2024
£ £
INCOME
General Fund 2
Receipts under gift aid 1,715 1,351
Donations 3,796 0
Interest/dividends on stocks 9,580 9,106
Gift Aid 426 0
Net/gross interest on deposit account 262 245
EAC /Alleyn's School 18,357 7,224
Pimm’s Tent 0 2,794
Transfer from Pupit Support Fund 1,628
Total General Fund 35,764 20,720
Pupil Support Fund 2
0 0
TOTAL 35,764 20,720
EXPENDITURE
General Fund
Incledon Bursary 8,448 8,340
Fenner Bursary 8,448 8,340
Total General Fund 16,896 16,680
Pupil Support fund 15,773
Transfer to General Fund 1,628
TOTAL 18,524 32,453
Excess of income over expenditure
General Fund 17,240 4,040
Pupil Support Fund (15,773)
Excess of income over expenditure 17,240 (11,733)
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**Page 3** ## **Alleyn Benevolent Fund** ## **Registered Charity Number 1075579 Statement of Financial Position as at 31 July 2025** ||**Notes**|**31-Jul-25**|**31-Jul-24**| |---|---|---|---| ||||**£**| |**Investments**|**3**|135,053|125,053| |**Current assets**|||| |Cash at bank|**4**|46,916|39,677| ||||| |**Net Assets**||**181,969**|**164,730**| |**Total excess income over expenditure**||17,240|(11,733)| |**Reserves Brought Forward**||164,730|176,463| |**Reserves Carry Forward**||**181,970**|**164,730**| |**ALLOCATION OF ASSETS**|||| |**General Fund**||181,970|163,102| |**Pupil Support Fund**||0|1,628| |||**181,970**|**164,730**| The accounts on pages 1 to 3 were approved by the Trustees of the Alleyn Benevolent Fund on 10 February 2026 and are signed on its behalf by: **==> picture [31 x 66] intentionally omitted <==** **----- Start of picture text -----**
Chairman
Treasurer
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## **Alleyn Benevolent Fund Registered Charity Number 1075579 Notes to the accounts for the year to 31 July 2025** ## **1. Statement of compliance** The accounting policies applied by the Fund in these financial statements are the same as those applied by the Fund in its financial statements as at 31 July 2025. ## **2. Accounting policies** ## **Basis of preparation** The accounts have been prepared under the historical cost convention. Income and expenditure is accounted for on a cash basis recording transactions for revenue and expense only when the corresponding cash is received or payments are made. ## **Fund Accounting** The Fund is split between a General Fund and the Pupil Support Fund. The General Fund derives its income from donations and dividends/ interest from investments held by the Fund. The income is used to provide two bursary awards which allows two or more pupils to remain at Alleyn's School in the 6th form to complete their A level studies. The Pupil Support Fund was closed in the year and the balance in the Fund was transferred to the General Fund following the School's decision to provide direct support to pupils for trips and other non-accademic activities. |.
**3. Investments at cost**
Charifund Income Units
As at 31 July 2025 - 11,193.681 units market value £180,083
As at 31 July 2024 - 10,527.014 units market value £165,140
**4. Bank accounts**
Current Account - Barclays
Higher rate deposit account - Barclays|**31-Jul-25**
£
135,053
135,053
28,505
18,411
46,916|**31-Jul-24**
£
125,053
125,053
21,527
18,149
39,677| |---|---|---| **Page 5**