THE ANCHOR FOUNDATION
(AN UNLIMITED COMPANY NOT HAVING A SHARE CAPITAL
REPORT and FINANCIAL STATEMENTS
for the year to 31 March 2025
Scottish Charity No. SC039258
England and Wales Charity No. 1082485
Company Reg. No. 04057661

The Anchor Foundation
Index
Report of the Directors for the year ended 31 March 2025
Independent Auditors' Report to the trustees and members of the Anchor Foundation
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
Page
1-6
7 - 10
11
12
13 - 18

The Anchor Foundation
Report of the Directors for the year ended 31 March 2025
The Directors of The Anchor Foundation have pleasure in presenting their annual report and the audited
financial statements for the year ended 31 March 2025. In preparing this report the Directors have complied
with the Companies Act 2006, the Accounting and Reporting by Charities Statement of Recommended
Practice (SORP 2015) and applicable accounting standards.
Reference and administrative information
Charity name:
The Anchor Foundation
Charity number:
Scottish Charity Registration No. SC039258
England and Wales Charity Registration No. 1082485
Company number:
04057661
Company Secretary:
Heather A McPherson
Registered Office:
Auditors:
Mowbray House, Castle Meadow Road, Nottingham, NG2 1BJ
Dickson Middleton, 20 Barnton Street, Stirling, FK8 1NE
Bankers:
ank of Scotland, 1/13 Port Street, Stirlin
pworth Investment Management Ltd, 9 Bonhill Street, Londo
Investment Manager:
Brewin Dolphin Limited, Sixth Floor, Atria One, 144 Morrison Street
Edinburgh, EH3 SEX
Directors and Trustees
The Directors of the charitable company (the charity) are also its trustees for the purpose of charity law. The
following persons acted as Directors of the charity during the period to 31 March 2025:
Reverend R B Anker-Petersen
Mrs S Mayfield
Reverend Canon M S Mitton
Mrs N Stewart
Day-to-day administration of the charity is delegated to the company secretary Heather McPherson who is
not a Trustee of the Charity.
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The Anchor Foundation
Report of the Directors for the year ended 31 March 2025 (continued)
The trustees present their report for the year ended 31 March 2025
Structure, governance and management
The Foundation was accepted as a charity by the Charity Commission with effect from 20 September 2000
and by OSCR with effect from February 2008. This required a change to the Constitution which was
approved by the Charity Commission.
The trustees, who are also the directors for the purpose of company law, who served during the year were:
Reverend R BAnker-Petersen
Reverend Canon Michael S Mitton
Mrs N Stewart
Mrs S Mayfield
The Rev Robin Anker-Petersen has a particular interest in Christian art and healing and the Rev Canon
Michael Mitton is interested in India and Ireland and mission in the UK
Mrs Nina Stewart takes a particular interest in projects for young people and family projects and Mrs Sue
Mayfield's particular interests are arts and health including mental health and projects for women.
In the event of a trustee retiring, a suitable replacement will be sought from the category of the retiring
trustee in the first instance to attempt to maintain the balance of trustees. Remaining trustees will suggest
suitable replacements who are then all duly considered prior to an appointment being made.
The trustees bring a range of differing skills to meetings but appreciate the need to improve their
understanding of the work they do. Meetings take place twice yearly over one and a half days. At these
meetings the trustees consider the applications they have shortlisted and, after careful consideration, decide
on the grants they wish to make. They also meet the manager of the investment portfolio to review and
improve the financial position and may from time to time have other relevant meetings to review and improve
the management of the Foundation.
Particular emphasis is given to reports from projects. Trustees regard these as important and projects are
expected to complete the Report Form, available on the website, and submit it in good time. Grants for more
than one year are dependent on a good report being received. Time is given at meetings to thoroughly
discuss reports.
The Secretary/Administrator, who is also present at meetings, sends out the agreed grants as soon as
possible. Good communication is maintained between meetings by telephone and by email.
The Trustees or the Secretary may visit projects which either have been supported or about which further
information is required. Information may also be gathered by telephone.
etween meetings the Administrator manages applications in accordance with the guidelines which ar
ublished on the website: www.theanchorfoundation.org.uk. It is aimed to reduce printing, paper & postag
costs as far as possible by using digital communications where appropriate.
The Administrator maintains the website and updates as required. Photographs and details of some projects
which have been supported are included where appropriate.
Applications and reports are encouraged to be submitted online, with any supplementary information
requested being received by email or post.
Dickson Middleton of Stirling were re-appointed as auditors at the AGM in November 2024. Financial
information provided by shortlisted applicants for grants is reviewed by the Secretary/Administrator to alert
the Trustees to any potential concerns or irregularities.
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The Anchor Foundation
Report of the Directors for the year ended 31 March 2025 (continued)
Risk management and review
The trustees have assessed the major risks to which the Foundation is exposed, and are satisfied that
systems are in place, where appropriate, to mitigate exposure to major risks.
These include, among others, serious loss of investment income or capital, loss of administrative information
stored on one computer and loss of grants due to fraudulent activity. The trustees keep their assessment
procedures under regular review.
Objectives and activities
The objects of the foundation are limited to such exclusively charitable purpose or purposes as the trustees
in their absolute discretion shall from time to time decide. The trustees have agreed the following Mission
Statement which is given on the website:
To support Christian charities concerned with social inclusion particularly through the ministries of healing
and the arts.'
In setting objectives and planning for activities, the Directors have given due consideration to general
guidance published by the Charity Commission relating to public benefit.
Achievements and performance
A total of 584 applications were received for consideration in 2024. Of these, 443 projects were based in the
UK (38 in London, 294 in other parts of England, 41 in Scotland, 23 in Northern İreland, 14 in Wales, 12 in
more than one region and 21 across the UK as a whole), 85 in Africa, 30 in South Asia, 2 in the Middle East,
8 in Europe, 5 in South America, 2 in Ireland, 1 in each of the Caribbean, Channel Islands, China, Egypt and
USA, 3 covered more than one location and 1 had worldwide reach. Grants awarded went to projects based
in the UK, Africa, Middle East, India and Europe.
The Foundation paid out grants totalling £308,751 this year (2023-2024 £307,089). A partial refund of £1,240
was received in relation to an underspent grant provided previously.
Details of the Larger Grants (over €5,000) Approved During 2024 (including multi -year awards)
Core costs which would support their outreach work and a variety of
Margaret Clitherow Trust
programmes (working with vulnerable families etc) - (they work with
Gypsy, Roma and Travellers).
Just Ice
6 months of trauma informed employment (32 hours per week) - to
benefit 2/3 people who have experienced trauma - (they would gain the
skills/confidence needed to re-enter the workplace)
Charnwood 20-20 operating as
Love4Life
Girls' therapeutic group
Strength and Stem Ltd
Vocational and life skills training for women survivors of modern
slavery
For the Love of a Child
The Listening Stone - music therapy for children in displaced camp
Joanna Leeds
Staff salary for project serving women facing multiple complex
disadvantages
The Jericho Road Project
Outreach to women in prison & resettlement support on leaving
Ultrasound machines for health centres to improve healthcare
Engera UK
provision
Faith, Development and Relief
Agency (FADRA)
Renovation of women's centre
- 3-

The Anchor Foundation
Report of the Directors for the year ended 31 March 2025 (continued)
4Front Theatre
Prison show & workshop
In Another Place
Weekly workshops for free family events
Southampton City and Region Action to Furnish to Flourish - providing furniture & supplies to those in need
Combat Hardship (SCRATCH)
Professional fees for two artists to run groups for 6 months - also materials to
Shine (West Bowling)
reate a glass chandelier to hang in Bradford Cathedral (they work with refugee
adults with mental health problems, homeless people et
Justice in Motion
CODE - outdoor physical theatre to highlight social issues
Reach Bwindi
Health and Hope UK
Choices Islington
CURE International UK
Family Matters York (FMY)
Junction 12
Transformations Leeds
The Family Works
Warehouse Christian Trust (trading as
Skillway)
Prospects Across Scotland
Friendship Lab
Chilli Children of Rukungiri (Uganda)
The Eternal Wall of Answered Prayer
Press Red
Hope Trust Cardiff CIO
The Recruitment Junction
Ignition Gloucestershire
Elland Christian Centre
The Saffires Project
Mama Hive
Community health programme
Education scholarships for 6 students
Towards salary costs of Community Counselling Manager for pregnancy crisis
support
Spiritual Ministry Programme
Parenting courses
Staff costs for project working with vulnerable children & young people
Living Room International Student Welcome Project - staff & materials for 2 years
Faith based trauma informed family support
Supporting 4 young people for a year at centre providing manual craft skills
training
Supporting churches to reach out to people with various learning disabilites &
develop advice, information & training provision
Launch costs & filming/editing Friendship Lab Course
Equip rehab centre for children with disabilities
Collecting & collating answered prayers to create a digital archive for generations
to come and to use this digital data to feed to a piece of public ar
Ruth & Boaz - initiative to engage men in adopting positive behaviours & attitudes
Counselling for those who have experienced trauma related to pregnancy or birth
Inside Job - work with prisoners to support into work upon release
Festival of Wonder - mixed arts extravaganza
Towards rent for Love Elland for furniture donation project
Parlour Outreach - holistic support for women in the sex industry
Set up of shop for sale of beeswax handicrafts to support women with disabilities
- 4-

The Anchor Foundation
Report of the Directors for the year ended 31 March 2025 (continued)
Financial review
The results for the year are set out in the Statement of Financial Activities
The trustees retain investments of the Foundation to provide income to carry out the objectives for which the
Foundation was founded but in the present financial climate may from time to time also use capital to
increase the amount available for grants.
The Foundation's investment policy is geared towards maximising the income of the charity consistent with
prudence and security. Brewin Dolphin continued to be professional investment managers during the year.
Plans for the future
The trustees aim to continue running the Foundation within the terms of the founding documents.
Disclosure of information to auditors
Each of the directors has confirmed that there is no information of which they are aware which is relevant to
the audit but of which the auditor is unaware. They have further confirmed that they have taken appropriate
steps to identify such relevant information and to establish that the auditors are aware of such information.
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The Anchor Foundation
Report of the Directors for the year ended 31 March 2025 (continued)
Directors' responsibilities in relation to the financial statements
The Directors (who are also trustees of The Anchor Foundation for the purposes of charity law) are
responsible for preparing the Directors' Report and the financial statements in accordance with applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Directors to prepare financial statements for each financial year, which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure, of the charitable company for that period. In preparing
these financial statements, the Directors are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in operation.
The Directors are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that the
financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland)
Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible
for safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
In so far as the Directors are aware:
• there is no relevant audit information of which the charitable company's auditor is unaware; and
• the Directors have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditor is aware of that information.
Auditors
Dickson Middleton are auditors to the charity and the Directors recommend their reappointment at the
Annual General Meeting.
A resolution will be proposed at the Annual General Meeting authorising the
Directors to fix the remuneration of the auditors.
By order of the Board
Reverend R B Anker-Petersen
Director
7 November 2025
-6-

The Anchor Foundation
Independent Auditor's Report to the Trustees and Members of The Anchor Foundation
for the year ended 31 March 2025
Opinion
We have audited the financial statements of The Anchor Foundation (the 'charitable company') for the year
ended 31 March 2025 which comprise Statement of Financial Activities, Balance Sheet, and notes to the
financial statements, including significant accounting policies. The financial reporting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic o
Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
• give a true and fair view of the state of the charitable company's affairs as at 31 March 2025, and of its
incoming resources and application of resources, including its income and expenditure, for the year then
ended;
• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
• have been prepared in accordance with the requirements of the Companies Act 2006, the Charities and
Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland)
Regulations 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and
applicable law. Our responsibilities
those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
Other information
The other information comprises the information included in the trustees' annual report, other than the
financial statements and our auditor's report thereon. The trustees are responsible for the other information
contained within the annual report. Our opinion on the financial statements does not cover the other
information and, except to the extent otherwise explicitly stated in our report, we do not express any form of
assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent
material misstatements, we are required to determine whether this gives rise to a material misstatement in
the financial statements themselves. If, based on the work we have performed, we conclude that there is a
material misstatement of this other information we are required to report that fact. We have nothing to report
in this regard.
- 7-

The Anchor Foundation
Independent Auditor's Report to the Trustees and Members of The Anchor Foundation
for the year ended 31 March 2025 (continued)
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
• the information given in the trustees' report for the financial year for which the financial statements are
prepared is consistent with the financial statements; and
• the trustees' report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charitable company and its environment obtained in
the course of the audit, we have not identified material misstatements in the trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
and the Charities Accounts (Scotland) Regulations 2006 require us to report to you if, in our opinion:
• adequate and proper accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us; or
• the financial statements are not in agreement with the accounting records and returns; or
• certain disclosures of directors' remuneration specified by law are not made; or
• we have not received all the information and explanations we require for our audit; or
the trustees were not entitled to prepare the financial statements in accordance with the small
companies' regime and take advantage of the small companies' exemptions in preparing the directors'
report from the requirement to prepare a strategic report.
Responsibilities of trustees
As explained more fully in the statement of trustees' responsibilities, the trustees (who are also the directors
of the charitable company for the purposes of company law) are responsible for the preparation of the
tinancial statements and for being satisfied that they give a true and fair view, and for such internal control as
the trustees determine is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or
to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment
(Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with reaulations made
under those Acts.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes
our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit
conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
- 8-

The Anchor Foundation
Independent Auditor's Report to the Trustees and Members of The Anchor Foundation
for the year ended 31 March 2025 (continued)
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design our
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The specific procedures for this engagement and the extent to which these are
capable of detecting irregularities, including fraud is detailed below:
• assese ento a ries of are those anged i any eman actual suspected or lege in ed
The audit engagement team identified the risk of management override of controls as the area where
the financial statements were most susceptible to material misstatement due to fraud
procedures performed included but were not limited to testing manual journal entries and other
adjustments, evaluating the business rationale in relation to any significant unusual transactions and
challenging judgements and estimates;
Reviewing minutes of meetings held by management and those charged with governance to identi
nv matters includina actual or attempted fraud, litigation and noncompliance with laws ar
Inspecting expenditure incurred in the year while making sure this has been appropriately
categorised in the accounts. This included agreeing a sample from the nominal ledger to purchase
invoice while also reviewing post year end transactions and invoices to confirm the completeness of
- 9-

The Anchor Foundation
Independent Auditor's Report to the Trustees and Members of The Anchor Foundation
for the year ended 31 March 2025 (continued)
Based on the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-
compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain
professional scepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud
or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is
sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material
misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve
collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the charitable company's internal control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
based on the audit evidence obtained, whether a material uncertainty exists related to events or
concern. If we conclude that a material uncertainty exists, we are required to draw attention in our
auditor's report to the related disclosures in the financial statements or, if such disclosures are
inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the
date of our auditor's report. However, future events or conditions may cause the charitable company to
cease to continue as a going concern.
manner that achieves fair presentation.
sal protein truce and content of the diana stares love ne
We communicate with those charged with governance regarding, among other matters, the planned scope
and timing of the audit and significant audit findings, including any significant deficiencies in internal control
that we identify during our audit.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006, and to the charitable company's trustees, as a body, in accordance with
Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken
so that we might state to the charitable company's members and trustees those matters we are required to
state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do
not accept or assume responsibility to anyone other than the charitable company, the charitable company's
members as a body and the charitable company's trustees as a body, for our audit work, for this report, or for
the opinions we have formed
Wellam T. Renall.
William J Russell (Senior Statutory Auditor)
For and on behalf of Dickson Middleton, Chartered Accountants, Statutory Auditors,
20 Barnton Street, Stirling FK8 1NE.
Dickson Middleton is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.
IO November 2025
- 10 -

The Anchor Foundation
STATEMENT of FINANCIAL ACTIVITIES
for the year to 31 March 2025
Note
2025
INCOMING RESOURCES
Incoming resources from generated funds
Investment Income
Total Incoming Resources
RESOURCES EXPENDED
Cost of generating funds
Charitable activities
Governance costs
Total Resources Expended
Net Outgoing Resources before other recognised
gains & losses
Gains & losses on disposal and revaluation of
investment assets:
- Realised gain / (loss) on disposals
Net (Outgoing)/Incoming Resources for the year
- Unrealised (loss)/gain on revaluation
Net Movement in Funds
Funds brought forward
Funds carried forward
2
221,584
221,584
38,261
320,212
3,485
361,958
(140,374)
11
198,243
57,869
(140,619)
(82,750)
8,972,792
8,890,042
All funds are unrestricted funds.
The notes on pages 13 to 18 form part of these financial statements.
- 11-
2024
226,979
226,979
36,287
312,072
3,810
352,169
(125,190)
410,477
285,287
201,245
486,532
8,486,260
8,972,792

The Anchor Foundation
BALANCE SHEET
as at 31 March 2025
Note
2025
2024
FIXED ASSETS
Investments
CURRENT ASSETS
Debtors
Cash at bank and in hand
CURRENT LIABILITIES -
Creditors: amounts falling due within one year
NET CURRENT ASSETS
NET ASSETS
Represented by:
UNRESTRICTED FUNDS -
Capital Funds
Revenue Funds
NET FUNDS
8
10
8,702,476
2,212
191,320
193,532
(5,966)
187,566
8,890,042
8,841,931
48,111
8,890,042
8,786,864
305
191,463
191,768
(5,840)
185,928
8,972,792
8,854,279
118,513
8,972,792
These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act
relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are
for circulation to members of the company.
The notes on pages 13 to 18 form part of these financial statements. Approved by the Board of Directors on
7 November 2025 and signed on its behalf by
Director
Reverend MS Mitton
•....
.. Director
Reverend R B Anker-Petersen
Company Registration Number: 04057661
- 12-

The Anchor Foundation
Notes to the Financial Statements
for the year ended 31 March 2025
1.
Accounting Policies
Basis of accounting
The financial statements have been prepared in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS102), the Charities SORP (FRS102) and the
Companies Act 2006. A summary of the more important accounting policies, which have been
applied consistently, is set out below.
The charity meets the definition of a public benefit entity under FRS102. The Directors consider that
there are no material uncertainties about the Charity's ability to continue as a going concern.
Accounting convention
The financial statements are prepared under the historical cost convention as modified to include the
revaluation of certain fixed assets.
Incoming resources
All incoming resources are included in the Statement of Financial Activities when the charity is
entitled to the income and the amount can be quantified with reasonable accuracy. The following
specific policies are applied to particular categories of income:
• Incoming resources from investment income is recognised on an accruals basis.
Voluntary income is received by way of donations and gifts and is included in full when
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates:
• Costs of generating funds comprise the costs associated with managing the investment
portfolio.
• Charitable expenditure comprises those costs associated with the provision of support to
Christian charities by way of a grant. It includes both costs that can be allocated directly to
such activities and those costs of an indirect nature necessary to support them.
• Governance costs include those costs associated with meeting the constitutional and
statutory requirements of the charity and include the audit fees and costs linked to the
strategic management of the charity.
• All costs are allocated between the expenditure categories of the statement of financial
activities on a basis
designed to reflect the usage of the resource. Costs relating to a
particular activity are allocated directly.
Fund accounting
Unrestricted funds are available for use at the discretion of the directors in furtherance of the general
objectives of the charity.
The charity is recognised as a charity for taxation purposes. As such, the charity is exempt from tax
on income and gains to the extent that these are applied to charitable objects. No tax charges have
arisen in the charity. The charity is not registered for Value Added Tax (VAT). Expenditure includes
any attributable VAT
The charity is a small company as defined by Section 382 of the Companies Act 2006 and is entitled
to exemption from preparation of a Cash Flow Statement. Consequently a Cash Flow Statement
has not been prepared
- 13-

The Anchor Foundation
Notes to the Financial Statements
for the year ended 31 March 2025
1.
2.
Accounting Policies (continued)
Fixed Asset Investments
Investments are stated at market value as at the balance sheet date. The Statement of Financial
Activities includes the net gains and losses arising on revaluation and disposals throughout the year.
Quoted stocks and shares are included in the balance sheet at mid-market price, excluding
dividends.
Realised gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains
and losses on investments are calculated as the difference between sales proceeds and opening
market value (or purchase cost if later). Unrealised gains and losses are calculated as the difference
between carrying value at the year end and opening market value (or purchase cost if later).
Gross Income from Investments
Income from listed investments
Interest income
2025
€
195,495
26,089
221,584
2024
222.482
4,497
226,979
4.
Surplus/(deficit) for the year
The surplus/(deficit) for the year is stated after charging -
Board of Directors and Members costs
Auditor's remuneration
- Audit services
- Other services
Total resources expended
2025
2024
2,640
300
Other
COStS
38,261
Grant
Funding
-
Total
2025
€
38,261
2,520
300
Total
2024
36,287
Invet one manager sness
Charitable Activities
rant Fundina of Activities (see Note
apport cos
Governance Costs
11.461
11.461
3,485
308,751
308,751
-
308,751
11,461
320,212
3,485
301,089
10,983
312,072
3,810
- 14-

The Anchor Foundation
Northe to the Fined 3a arch orts
5.
Grants paid to organisations in year:
Organisation Name
Margaret Clitherow Trust
Just Ice
Ribbesford with Bewdley and Dowles Parochial Church Council
Charnwood 20-20 operating as Love4Life
Strength and Stem Ltd
For the Love of a Child
Joanna Leeds
Be Me Project
Edinburgh City Missio
he Jericho Road Proie
Engera UK
Roots Globalscope Edinburgh
Faith, Development and Relief Agency
4Front Theatre
In Another Place
Solas Festival
Southampton City and Region Action to Combat Hardship (SCRATCH)
Street Teams
Shine (West Bowling)
Central Tanganyika Diocesan Trust (CTDT)
Oasis Community Church (Worksop)
Justice in Motion
Reach Bwindi
Health and Hope UK
Upbeat Communities
ReSource
Choices Islington
CURE International UK
The Grand at Clitheroe Ltd
Family Matters York (FMY)
Junction 12
Hand to Mouth
Transformations Leeds
The Family Works
Warehouse Christian Trust (trading as Skillway)
Prospects Across Scotland
Vellore Social Service Society
Friendship Lab
New Spring Trust
Chilli Children of Rukungiri (Uganda)
Urban Crofters
The Eternal Wall of Answered Prayer
Press Red
Hope Trust Cardiff CIO
The Recruitment Junction
Ignition Gloucestershire
Allbright Technologies
Elland Christian Centre
The Saffires Project
Mama Hive
2025
€
6,000
9,000
5,000
2,000
9,000
10,000
4,000
4,800
3,200
7,000
7,400
3,000
6,000
7,600
8,000
3,000
6,000
5,000
6,000
5,000
3,000
10,000
5,000
8,000
5,000
5,000
10,000
10,000
2,550
10,165
8,000
3,420
4,000
6,000
10,000
10,000
3,310
5,000
3,000
5,646
4,000
3,000
12,000
6,000
6,000
5,900
4,000
6,000
6,000
8,000
2024
€
7,000
10,000
-15-

The Anchor Foundation
Notes to the Financial Statements
for the year ended 31 March 2024
5. Grants paid to organisations in year (continued):
Organisation Name
Sailors' Society
The Guild of Health and St Raphael
Azalea
Changing Tunes
Christ Church Feltham
Church of Scotland Social Council (trading as Crossreach)
The Shed Project
21s Century Church
Mission Initiative Newcastle East
Minstead Trust
National Gallery
Mosaic Middle East
The Parochial Church Council of The Ecclesiastical Parish of St Nicholas Nottingham
WOW (World of Worth)
Reach Beyond
Sound Café Leicester
Dorset Youth For Christ
Friends of the Holy Land
Willowfield Parish Community Association
Hidden Treasure CIO
City Church Newcastle
Salford Diocesan Trustees
Hope Gardens
Missio Africanus
YADA
Bramber Bakehouse
The Wellbeing Project Brecon
WorldShare
Via Wings
Fountain of Life Ministries
Transforming Lives for Good
CreateBolton
The Natashas Project
Listening Post Christian Counselling Service Limited
Trinity Youth and Children's Project
The Noah Initiative
Prison Fellowship
Intercultural Churches UK
Walk Ministries
The Exodus Project
Nicodemus
The Beacon Blackburn (The Beacon Elim Churches)
Growbaby Swindon
Salisbury Cathedral Choral Foundation
Holy Trinity PCC
Diocese of Vellore Society
Bethnal Green Mission Church
Anchor Church
Total grants paid
2025
-
4,000
-
(1,240)
1,000
3308,751
- 16 -
2024
€
12,000
11,400
11,388
10,800
10,000
10,000
4,000
9,236
9,000
9,000
9,000
8,000
8,000
3,000
8,000
7:000
7,000
6,000
6,000
6,000
6,000
6,000
5,000
5,000
5,000
5,000
5,000
4,500
4,000
4,000
3,000
2,000
2,000
20000
301,089

The Anchor Foundation
lotes to the Financial Statement
or the year ended 31 March 2025 (continued
6.
7.
Employees
The charity did not employ anyone during the year.
Trustees
None of the trustees (or any persons connected with them) received any remuneration during the
period, and four (2024: four) of them were reimbursed a total of £832 (2024: £726) for travelling
expenses.
8.
Fixed Asset Investments
Market value at 1 April 2024
Acquisitions at cost
Disposals at cost
Change in market value in the period
Market value at 31 March 2025
Historical cost:
At 31 March 2025
At 31 March 2024
Equities
Total
8,786,864
8,786,864
1,601,352
1,601,352
(1,545,121)
(1,545, 121)
(140,619)
(140,619)
8,702,476
8,702,476
7,332,858
7,280,857
7,332,858
7,280,857
9.
Debtors: Amounts falling due within one year
Prepayments
2025
2,212
2,212
2024
305
305
10.
Creditors: Amounts falling due within one year
Accruals
2025
5,966
5,966
2024
5,840
5,840
- 17 -

The Anchor Foundation
Notes to the Financial Statements
for the year ended 31 March 2025 (continued)
11. Funds Analysis
Unrestricted
Capital Funds
Revenue
Funds
Fixed asset investments
Current assets
Debtors
Cash at bank and in hand
Current liabilities
Net current assets
Net Assets/Funds
-
-
8,702,476
51,842
51,842
51,842
8,754,318
€
2025
Total
Funds
€
2024
Total
Funds
- 8,702,476 8,786,864
2,212
2,212
305
139,478
191,320
191,463
141,690
193,532
191,768
(5,966)
(5,966)
(5,840)
135,724
187,566
185,928
135,724
8,890,042 8,972,792
12.
Capital Commitments and Contingent Liabilities
There were no capital commitments at 31 March 2025.
At the year end the Foundation had indicated to a number of charities that they would be further
supported subject to meeting satisfactory performance criteria. As it is not known at the year end the
likelihood of these conditions being fulfilled part of the grants payable amounting to £37,000 (2024
£8,000), have not been provided for in the accounts and are therefore disclosed as contingent
liabilities.
- 18-