RICHARD AND CHWSTINE PURCHAS CHARITABLE TRUST
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2025
Paga
Contents
Annual Rgport of the Trusto•$
stat8menl of Flnan¢lal A￿1VItIeS
Balance Sheet
Notes to tho Flnanclal Statom•nts
Independont Examln•rf$ R•port
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RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
ANNUAL REPORT
YEAR ENDED 30 JUNE 2025
Thè trustees submlt thelr annual report. together wlth the flnanclal statements for the year ended 30th June 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Tha registered charity number Is 1083126.
The trustees of the charty are D Auerbath. P E Auerbaeh. R A Auerbach, A E Auerbaeh 8nd A C Auèrb8eh..
Principal addrèss.. 21 Clarenace Terrace, London NW14RD.
STRUCTURE, GOVERNANCE ANO MANAGEMENT
Th8 ch8rity15 govamad by a trust dead datad 13th Juno 2000 and consltutes an unlcorporated charlty-.
Th8 bDard of trustees meet on a regular basis to set strategy and Monitor risks.
The truste8s hav8 considered the Major risks to the charity is exposed have systems in place to manage those
risks.
OBJECTIVES AND ACTMTIES
The charity was established ￿th ftJnd$ provided from the estate of the late Rithard Purchas.
The objective of the charity is to providè financial support to othèr tharitles engaged In medlcal research, Medical education
and patient Care. During the year, the eharity donated £41,75012024- £26,250) to other charities.
RWIIEW OF THE YEAR
All the fvrKls are held by the charity. are unrestricted funds.
During the year ended 30th June 2025 the net fund5 tsf the ¢harty in¢￿ased by £12,349121Y24- increased by £39.5551 The
Market value of inve8trnents 8t 30 June 2025 was £272,471 12024- £256,9831.
The increase of £15.488 in the value of investments consists ofr.
Cost of additDnal in￿lMents in year
C05t of Investments ¢Jisposed of in year
Increase Sn value of unrealised Investmersts
Increaselldecreasal
15.488
15.488
PLANS FOR THE FWURE
It is the intention of the trustees to inLYea5e, overtirn8, the charitable donatio￿ Wtr￿ch are al made to medical charities for
research and educaknon and for alleviating illness.
Approved by the bo8rd of truste8s on 3 Jun8 2026 and signed on ils b8haW by..
D Auerbach- Trustee
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RICHARD AND CHRISTINE PURCHAS CHARiTABLE TRUST
STATEMENT OF FINANCIAL ACTivrriES
YEAR ENDEO 30 JUNE 2025
Noig
2025
2024
Incoming resources..
Investment it)com8
40.806
46,090
Resources expended..
Charrta￿e Donatior
42.250
26.250
Adrninistratfve expen88S
2.195
44.445
2,618
28.868
Net outgc4ng resourc9S
13.6391
17.222
Gain l {Lossl on investments
Sale of righ(s
Unrealised
838
21,495
15.488
1S,488
22,333
11,849
39,555
Balance broughl forw8rd
113.472
73,918
Balants carrleé fornard
125,321
113,473
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RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
BALAJ4CE SHEET
AS AT30JUNE 2025
Noie
2025
2024
Flx•d Assets
Investments
322.471
256,983
Currgnt Ass￿$
Accrued incorne
Sto¢kbrokerfs acwunt
Cash
26,917
48,079
2,153,522
47.121
2,124.123
2.172.588
2,228.518
Crodltors: amounts falllng
due within one year
30,570
32,860
N¢t Curr•nt Ass•ts
2.142,018
2,464,489
2,195,658
2.452.641
nanced By
Trust Fund- Unrestricted
2,339,168
2.339,168
Gen8ral F￿nd- Unrestricted
125,321
2,464,489
113,473
2,452,641
The financial stat8rn8nts were approved by tt)e Board of Tru8t9es and authorfsed for Issue On 3 June 2026 and were slgned
its beha￿ by'.-
D Auerbach - Trustee
P E Auefoach- Trustee
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RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
NOTES TO THE ACCOUNTS
YEAR ENOEO 30 JUNE 2025
Aecountlng pollel•8
The accounts have been prepared on the histori¢ cost CO￿Ve￿tK)n wth th& exception thal
Investments are valued al market value wheTg valuations are available. The linan¢ig1
Slalemenls of thg charSly, which Is a wbli¢ benefit entlty under FRS 102, have been
piepar8d in accordanc8 wilh the Charilie5 SORP IFRS 1021'Ac¢ounllng and Reportlng by
Charities: Slatement of Re¢ommended Practi￿ applicable to charitie5 preparing thgir accounts
in accord8nc8 Wth the FInaN￿al Repor￿￿9 Standard appiKabl8 in the UK and Republlcol
Ireland IFRS 1021 leffeclfve 1 January 20191,, Flnancial Reporting Standard 102 Th8 Fknanci￿l
Reporting SlarKlard 8pplicab18 in tho UK and Republi¢ of Ireland, and the charft￿s Act 2011.
b)
The accounts are prepared on an accruals basls.
Unrea118ed investment galnslllossesl are shown net in tha stat8m8nt of financial 8¢twities.
The charitVs funds may be used at the dIS¢￿tion ol the Trust88s. There are no r8Strict8d or
separatg lunds.
Creditors and provk8ions are recognised where the charity has a Fxesent obligati¢Jn reSu￿n9
from a past event that hwll probably resull in the transfer of funds to a third party and th8 amount
due lo setue the obligation can be MeaSu￿d or estimated reliably
The trusl onty has financlal assels and tlnandal Ilabiliues of a kind that qualify 88 baslc financ181
lll51rumenls. Basic financial instruments 8re initially recognised at transaction value and
subsequentty measured at their settlement value.
The charity 18 exempt from tax on ils ch￿it8b1￿ actIvIt￿$.
2025
2024
Inve8im8nt Incom8
Bank deposit Interest
Li8ted inv8Stments
27,718
13,088
40,806
34,505
11,585
46,090
Admlnlstration expenses
Bank charges
Professlonal feos
stockbrokerfs charge5
2.160
26
2,195
2.160
452
2,618
Investmehts:
l investment8 were held in the
UK and overseas as follows..
Share5 at Market Valu
Bonds al M8rket V81ue
246,452
26.019
272.471
231,143
25,840
256,983
Bond at cost
50,000
322.471
256.983
Movement In Inve5ttnents were=
Market valu8 at beginning of y8ar
Additions in year
Cost of sales in year
GainlLo55 on revaluatson
Market value at end of year
256.983
50,000
235,488
15.488
322.471
21,495
256,983
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RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
NOTES TO THE ACCOUNTS
YEAR ENDED 30 JUNE 2025
2025
2024
Cmdltors:
Donauons payab18
Trade creditors
Accruals
26,250
2,180
2,160
30,570
28.000
2,700
2.160
32,860
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RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
Independent Examinor's Report to the Trustees of Richard And Chrlstlne P¥￿haS Charltabl$ Trust
YEAR ENDED 30 JUNE 2025
I report to the chxrity trustees on my examinatN)n ol the accounts of th8 R￿hard and Christine Purchas Trust (the TTUStI for
th8 year 8nd8d 30 June 2025.
Responslbllltles and Basis of Report
A5 the charitls irus1888, you are responslbl8 lor the pr8paration of the a￿oUnts in accordance with the r8quir8menls of the
Charities Act 20111.the Act'l.
I r8POrt in r88pect of rny examination of the Trust's aecounts C8rried out under section 145 of th6 2011 Act 8nd in canyng
oul my examination, I have Idkjwed all th8 applicable Directions gwen by th8 Charity Commission under Se￿On 14515llbl of
the Acl.
Independent Examlnerf$ Statsmgnt
I have Ix)mp1818d my ex8minalion. l ¢onfimi that no material matters have come lo my attent￿n in connection with the
examinatK)n which gives me causè tts b81iev8 that in, any material respect..
the accountSng ￿COr(j$ werè not kept in 9￿rdanCe with section 130 of the Charities Act,. or
the accounts did not accord wilh the accounting records., or
the account5 did ml comply with the applicable requirement5 conc8ming th& fomi and content ol account5 8gl oul
in the Charities IAccounts and Reports) RegulatK)ns 2008 other than any requirernenl that the aecounis give a
'true and fail. vièw which ￿8 not a matter Ca)nsldered as part tsf an indepgndent examination.
I have no ujncems and have ¢ome a¢r055 no oth8r rnatters in connection wlth tho Qxamination lo atiention sh)uld bo
rawn In this report in order to enable a proper understanding of the accounts to b8 reaehed
Mr. Upen
hah
Arilhma LLP
5 Jardine House,
Harrovian Business Village
B8ssborough Ro8
Harrow Mklthosex HA3 1EX
Date. 3 June 2026
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