Charity Registration No. 1082840 Company Registration No. 00191903
A. Edmonds & Co. Charitable Foundation 2000
Report and Unaudited Financial Statements
For the Year Ended 30 September 2025
A. Edmonds & Co. Charitable Foundation 2000
CONTENTS
| Legal and Administrative Information | 1 |
|---|---|
| Trustees’ Report | 2 |
| Independent Examiner’s Report | 4 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 |
A. Edmonds & Co. Charitable Foundation 2000 LEGAL AND ADMINISTRATIVE INFORMATION
Trustees D J Edmonds, Chairman M R Edmonds P A Edmonds C J Kettel S S Eskinazi P A Smith-Edmonds Charity number 1082840 Company number 00191903 Registered office 89-91 Constitution Hill Birmingham B19 3JY Independent examiner David Hoose FCA Forvis Mazars LLP Two Chamberlain Square Birmingham B3 3AX Bankers HSBC Bank Plc 168 Warstone Lane Birmingham West Midlands B18 6NP
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A. Edmonds & Co. Charitable Foundation 2000 TRUSTEES’ REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025
The Trustees present their report and financial statements for the year ended 30 September 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Trust Deed, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).
Objectives and activities
a. Policies and objectives
The objects of the foundation are the relief of poverty and any other general charitable object by way of donations to registered charities.
b. Main activities undertaken to further the charity’s purposes for public benefit
The trustees confirm that they have paid due regard to the guidance given by The Charity Commission on public benefit and confirm that the charity’s purpose is for public benefit.
Achievements and performance
a. Review of activities
During the year, the charity collected funds in order to carry on the objectives of the charity.
The charity has accumulated funds in order to make a donation to coincide with the 150th anniversary celebration of A. Edmonds & Co Limited. In the year ended 30[th] September 2023, a commitment of £800,000 was made to University Hospitals Birmingham Charity for the purpose of developing a Transplant Centre at the Queen Elizabeth Hospital. All payments have since been made, and the Edmonds Transplant Centre Birmingham at Queen Elizabeth Hospital Birmingham was officially opened on 22[nd] May 2025.
b. Investment policy and performance
The trustees have the power to deposit or invest funds in any lawful manner, in accordance with the Declaration of the Trust.
Financial review
a. Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Risk Management
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
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A. Edmonds & Co. Charitable Foundation 2000
TRUSTEES’ REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025
c. Reserves Policy
The trustees are entitled to set aside funds for special purposes or as reserves against future expenditure. At 30 September 2025 unrestricted funds amounted to £451,870 (2024: £392,725).
Structure, governance and management
a. Constitution
The charity was formed as a charitable trust and is constituted by a trust deed dated 26 May 2000.
It is registered with the Charity Commission for England and Wales under number 1082840.
b. Method of appointment of trustees
Any future trustees must be appointed by resolution of the trustees and subject to the rules in the Declaration of Trust. All trustees are subject to review at the Annual General Meeting each year.
Statement of Trustees’ Responsibilities
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year.
In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees' report was approved by the Board of Trustees and signed on their behalf by:
mredmonds
mredmonds (Nov 7, 2025 11:17:44 GMT)
M R Edmonds
Trustee
Date: 07/11/2025
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Charity No. 1082840
A. Edmonds & Co. Charitable Foundation 2000 INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
I report on the financial statements of A. Edmonds & Co. Charitable Foundation 2000 for the year ended 30 September 2025, which are set out on pages 6 to 12.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(b) of the 2011 Act.
This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body for my examination work, for this report, or for the statements I have made.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:
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accounting records were not kept in respect of A. Edmonds & Co. Charitable Foundation 2000 in accordance with section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
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the financial statements have not been prepared in accordance with the methods and principals of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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Charity No. 1082840
A. Edmonds & Co. Charitable Foundation 2000 INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
David Hoose (Nov 7, 2025 12:25:00 GMT)
David Hoose FCA Forvis Mazars LLP Two Chamberlain Square Birmingham B3 3AX
Date: 07/11/2025
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Charity No. 1082840
A. Edmonds & Co. Charitable Foundation 2000 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Income from: Notes Donations 3 Other income 3 Total income Expenditure on: Charitable activities 4 Net gains on investments 7 Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted funds Total 2025 Total 2024 £ £ £ 22,591 22,591 41,642 14,874 14,874 39,823 |
|---|---|
| 37,465 37,465 81,465 (4,190) (4,190) (3,421) 25,870 25,870 59,771 |
|
| 59,144 59,144 137,815 |
|
| 392,725 392,725 254,910 |
|
| 451,870 451,870 392,725 |
The notes on pages 8 to 12 form part of these financial statements.
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Charity No. 1082840
A. Edmonds & Co. Charitable Foundation 2000 BALANCE SHEET AS AT 30 SEPTEMBER 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Investments | 8 | 279,824 | 488,469 | ||
| 279,824 | 488,469 | ||||
| Current assets | |||||
| Debtors | 9 | 19,231 | - | ||
| Cash at bank and in hand | 156,449 | 687,616 | |||
| 175,680 | 687,616 | ||||
| Creditors: amounts falling due within one | 10 | (3,634) | (783,360) | ||
| year | |||||
| Net current assets/liabilities | 172,046 | (95,744) | |||
| Total assets less current liabilities | 451,870 | 392,725 | |||
| Capital funds | |||||
| Unrestricted funds – undistributed income | 11 | 451,870 | 392,725 | ||
| 451,870 | 392,725 |
The financial statements were approved by the Trustees and signed on their behalf by:
mredmonds ~~ee~~ mredmonds (Nov 7, 2025 11:17:44 GMT) VD M R Edmonds D J Edmonds Trustee Trustee Date: 07/11/2025 Date: 07/11/2025
The notes from pages 8 to 12 form part of the financial statements.
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1) Accounting policies
Charity information
A. Edmonds & Co. Charitable Foundation 2000 is an incorporated Charity registered with the Charity Commission for England and Wales. The address of the Charity's registered office is noted on its legal and administrative information page.
Accounting convention
The financial statements have been prepared in accordance with the Charity's Trust Deed, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Companies Act 2006 and UK Generally Accepted Accounting Practice. The Charity is a Public Benefit Entity as defined by FRS 102.
The financial statements have been drawn up under the historical cost convention as modified by the revaluation of investments.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
Going concern
The trustees have considered the going concern concept and any associated material uncertainties, the basis of any significant judgements and the matters to consider when confirming the preparation of the financial statements on a going concern basis and the trustees are comfortable that there are not any adjustments required. The trustees expect the Charity to continue in operation for at least 12 months from the date of signing the financial statements.
Charitable funds
The unrestricted funds represent unrestricted income which is expendable at the discretion of the Trustees in the furtherance of the objects of the Charity.
Incoming resources
All incoming resources are included in the statement of financial activities when the charity has entitlement to the funds, after any performance conditions have been met, the amount can be measured reliably and it is probable the income will be received.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
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1) Accounts policies (continued)
Charitable activities
Expenditure on charitable activities comprises expenditure directly relating to the objects of the Charity.
Governance costs
Governance costs relate to expenditure incurred on the Charity's organisational administration and compliance with constitutional and statutory requirements. Governance costs are included within total expenditure on charitable activities.
Fixed asset investments
Listed investments are stated at market value as at the balance sheet date. All movements in value are shown in the Statement of Financial Activities. Realised and unrealised gains and losses are shown in the Statement of Financial Activities.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.
Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Taxation
The Trust is a registered Charity and is exempt from income and corporation and capital gains tax provided its income and gains are applied for charitable purposes.
2) Critical accounting estimates and judgements
In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
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3) Income
| Donations Other income – interest |
2025 2024 £ £ 22,591 41,642 14,874 39,823 |
|---|---|
| 37,465 81,465 |
All income was unrestricted in both years.
4) Charitable activities
| Donations paid Accountancy charges Independent examination charges Bank charges |
2025 2024 £ £ 500 - 2,104 1,830 1,530 1,530 56 61 4,190 3,421 |
|---|---|
All expenditure on charitable activities was unrestricted in both years.
5) Trustees
None of the Trustees (or any persons connected with them) received any remuneration, benefits or expenses from the Charity during the year (2024: Nil).
6) Employees
There were no employees during the year.
7) Net gains on investments
| Gains on revaluation and maturity of investments | 2025 2024 £ £ 25,870 59,771 |
|---|---|
| 25,870 59,771 |
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8) Fixed asset investments
| Valuation At 1 October 2024 Additions Disposals Gains/(losses) on investments At 30 September 2025 |
Listed investments £ 488,469 123,900 (358,415) 25,870 |
|---|---|
| 279,824 |
These listed investments are held in the name of A. Edmonds & Co. Charitable Foundation 2000 via Edmonds Projects Limited, a related party (who are acting as agent) and managed by Meteor Asset Management.
Analysis of material investments
| Citigroup SD65 KO Plan CG8143 Meteor STOXX Plan CG9438 Total |
Listed investments £ % 153,747 54.9 126,077 45.1 |
|---|---|
| 279,824 100.0 |
Material investments comprise over 10% of total investments.
9) Debtors
| Donations receivable (Note 12) Creditors: amounts falling due within one year Grant payable Related party loan (Note 12) Accruals |
2025 2024 £ £ 19,231 - |
|---|---|
| 19,231 - |
|
| 2025 2024 £ £ - 600,000 - 180,000 3,634 3,360 |
|
| 3,634 783,360 |
10) Creditors: amounts falling due within one year
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11) Unrestricted funds
| Unrestricted funds | Movement in funds Balance as at 1 October 2024 Incoming resources Resources expended Net (loss) on investments Balance as at 30 September 2025 392,725 37,465 (4,190) 25,870 451,870 |
|---|---|
| 392,725 37,465 (4,190) 25,870 451,870 |
12) Related party transactions
5 of the 6 trustees of A. Edmonds & Co. Charitable Foundation 2000 are also directors of A. Edmonds & Co. Limited. During the year, A. Edmonds & Co. Limited made donations of £22,591 (2024: £41,642) to the Charity. The balance outstanding at the year-end was £19,231 (2024: £Nil). This donation includes £3,360 donated as payment for the accountancy and independent examination costs in the year (2024: £3,180).
5 of the 6 trustees of A. Edmonds & Co. Charitable Foundation 2000 are also directors of Edmonds Projects Limited. During the year, Edmonds Projects Limited made donations of £Nil (2024: £Nil) to the Charity. The balance outstanding at the year-end was £Nil (2024: £Nil). The loan of £Nil (2024: £180,000), due to Edmonds Projects Limited, was fully repaid prior to the year end.
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