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← The Andor Charitable Trust

2025-04-05-accounts

THE ANDOR CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

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THE ANDOR CHARITABLE TRUST

CONTENTS

Pages
Trustees and Professional Advisers 1
Trustees’ report 2-5
independent examiner's report 6
Statement offinancial activities 7
Balance sheet 8
Notestothefinancialstatements 9-16

THE ANDOR CHARITABLE TRUST

TRUSTEES AND PROFESSIONAL ADVISERS

Charity number 1083572
Trustees WD Rothenberg
N C Lederer
DrC Walford
K Andor (Retired 5 March 2025)
Principal address 16 Great Queen Street
Covent Garden
London
WC2B 5AH
Accountants Blick Rothenberg Limited
Chartered Accountants
16 Great Queen Street
Covent Garden
London
WC2B 5AH
independent examiner Scott HarrowerACA
GallowaysAccounting Limited
First Floor
RidgeLand House
15 Carfax
Horsham
West Sussex
RH12 1DY
Bankers Barclays Bank Plc
Level 12
1 Churchill Place
London
E14 5HP
Solicitors Payne Hicks Beach
10 New Square
London
WC2A3QG
Investment advisors Rathbones Investment Management Limited
30 Gresham Street
London
EC2V 7QN
Administrators SmartGiving
95 Church Road
London
NW44FE

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THE ANDOR CHARITABLE TRUST

TRUSTEES‘ REPORT FOR THE YEAR ENDED 5 APRIL 2025

The Trustees present their report and financial statements of The Andor Charitable Trust for the year ended 5 April 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 governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ireland (FRS 102) (effective 1 January 2019)".

Reference and administrative information

The Andor Charitable Trust is registered as a Charity with the Charity Commission, registration number 1083572, its registered address being 16 Great Queen Street, Covent Garden, London WC2B 5AH.

The Trustees in office during the year and at the date of this report, together with the address of the Charity's principal and registered office, are as set out on page 1.

During the year ended 5 April 2025, Karen Andor retired as a Trustee under a Trustees’ resolution dated 5 March 2025.

Structure, governance and management

The Charity was created under the Will of Mary Garay dated 14 December 1996. Mary Garay died on 12 May 1998.

Under the terms of the Will of Mary Garay dated 14 December 1996, the current Trustees have power to appoint new Trustees, subject to a maximum number of four. Where there is a requirement for new Trustees, these would be identified by the remaining Trustees. New Trustees are appointed under a Deed signed and approved by the current Trustees. The management of the Charity is the responsibility of the Trustees.

The current Trustees are responsible for the induction of any new Trustees which involves awareness of a Trustees’ responsibility, the governing document, administrative procedures, and the history of the Charity. A new Trustee would receive a welcome pack which includes copies of the previous years’ annual report and accounts, a brief history of the Charity and a copy of the governing document. The pack will also include a copy of the Charity Commission guidance "Charity Trustee Welcome Pack" issued by the Charity Commission on 29 May 2018.

The Charity’s day-to-day activities are co-ordinated by its administrators, as it employs no staff.

The Trustees examine the major risks that the Charity faces every financial year and have developed systems to monitor and control these risks to mitigate any impact they may have on the Charity in the future.

The Trustees have systems in place to identify any conflicts of interest that may occur. When a conflict of interest arises, the relevant Trustee or Trustees agree to withdraw from any discussion and decision.

Objectives and activities for the benefit of the public

The Charity's objectives are to maintain, support or contribute towards such one or more exclusively charitable purposes or charitable companies, institutions, associations, trusts or societies in the United Kingdom or elsewhere in the world.

In setting their objectives and grant-making policy for the year, and in planning for the future, the Trustees have had due regard to the published guidance on the operation of the Public Benefit requirement of the Charities Act 2011, the Trustees have undertaken appropriate activities in furtherance of its aims for the public benefit.

The Charity has established its grant-making policy to achieve its objectives for the public benefit.

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THE ANDOR CHARITABLE TRUST

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

The Trustees received applications for donations from a wide variety of charitable institutions including those engaged in medical and ancillary services (including medical research), education, helping the disabled and old aged, relieving poverty, providing sheltered accommodation, developing the arts etc. The Trustees considered all requests that they received and met the objectives of the Charity, and to achieve its objectives for the public benefit, by making donations to charities involved in medical research, the arts and various educational activities.

Financial review

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 and meet their liabilities as they fall due. 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.

The net movement in funds for the period amounted to a deficit of £246,099.36 (2024: surplus £42,726.42). The unrestricted funds amounted to £2,950,125.01 (2024: £3,196,224.37) at the balance sheet date. Losses on investments in the year were £8 1,812.56 (2024: gain £218,311.99).

The Charity's powers to invest its funds are set out in the Charity’s governing document. Any monies not immediately required for the furtherance of the Charity's objects may be invested at the discretion of the Trustees, There are no restrictions on the Trustees’ power to invest funds.

The Trustees, as guided by their investment advisors, are seeking to secure a good income with minimal erosion to the capital of the Charity. The Trustees wish to preserve the capital fund of the Charity to enable the Trustees to continue to support charitable causes in future years.

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 and meet its liabilities as they fall due.

It is the policy of the Charity to maintain unrestricted funds, which are free reserves of the Charity, at a level which equates to approximately six months of unrestricted expenditure. Any balance in excess of this is considered to be available for investment. This provides sufficient funds to cover management, administration costs and donations, Unrestricted funds were maintained at this level throughout the period.

Achievements and performance

In the year, 91 (2024: 93) charitable grants were made totalling £181,000.00 (2024: £193,500.00). Since inception the Charity has made charitable grants totalling £3,268,917.00.

Future developments

The Trustees intend to continue their policy of making grants to charitable institutions which fall within the objects of the Charity.

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THE ANDOR CHARITABLE TRUST

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

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 taw 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:

~ make judgements and estimates that are reasonable and prudent;

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.

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THE ANDOR CHARITABLE TRUST

| TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 ee Independent examiner , Scolt Harrower ACA of Galloways Accounting Limited was appointed as Independent examiner to the Charity and has expressed his willingness to continue in that capacily.

Approved by the Trustees and signed on their behalf by

W D Rothenberg Trustee _° Dated: ,19/12/2026

THE ANDOR CHARITABLE TRUST

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE ANDOR CHARITABLE TRUST

| report to the Trustees on my examination of the financial statements of The Andor Charitable Trust (the ‘Charity’) for the year ended 5 April 2025, which comprise the statement of financial activities, the bafance sheet and the notes to the financial statements, including a summary of significant accounting policies.

This report is made solely to the Charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that | might state to the Charity's Trustees those matters | am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body, for my work, for this report, or for the opinions | have formed.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

| report in respect of my examination of the Charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently | express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner's statement.

Independent examiner's statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. LE Lio Scott Harrower ACA Galloways Accounting Limited First Floor RidgeLand House 15 Carfax Horsham West Sussex RH12 iDY

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Dated: 2ELel fe 2G

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THE ANDOR CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 5 APRIL 2025

Unrestricted fund
2025 2024
Notes £ £
Income from:
Investment income 2 71,962.29 76,003.30
Total 71,962.29 76,003.30
Raising funds
Investmentmanagement fees (21,762.09) (21,932.87)
Charitable activities 3 (214,487.00) (229,656.00)
Total (236,249.09) (251,588.87)
Net expenditure (164,286.80) (175,585.57)
(Losses)/gains on investments 6 (81,812.56) 218,311.99
Netmovement in funds (246,099.36) 42,726.42
Reconciliation offunds
Fund balances broughtforward 3,196,224.37 3,153,497.95
Fundbalancescarriedforward 9 2,950,125.04 3,196,224.37

The notes on pages 9 to 16 form part of these financial statements.

Statement of recognised gains and losses

The statement of financial activities includes all gains and losses recognised in the period.

All of the activities of the Charity are classified as continuing.

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THE ANDOR CHARITABLE TRUST

BALANCE SHEET

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AS AT 5 APRIL 2025 .
— . 2025 2024
Notes £ £ £ £
Fixed assets
Investments 6 2,911,366.15 3,180,572.81
Current assets ,
Debtors 7 6,272.83 8,208.81
Cash at bank and in hand 62,457.77 45,754.94
68,730,60 53,963.75
_ Creditors: amounts falling due within
one year 8 (29,971.74) (38,312.19)
Net current assets 38,758.86 45,651.56
Total assets less current liabilities being net
assets 2,950,125.04 ;
3,196,224
.37
Income funds
Unrestricted funds 9 2,950,125.01 3,196,224 .37
"— 2,950,128.01 3,196,224.37

,

The financial statements were authorised for issue and approved by the Trustees on AS22025

W D Rothenberg ; Trustee

The notes on pages § to 16 form part of these financial statements.

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THE ANDOR CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

Charity information

The Andor Charitable Trust is an unincorporated Trust. Its principal place of business is 16 Great Queen Street, Covent Garden, London, WC2B 5AH.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and the Charities Act 2011.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the Charity.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

At the date of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future and meet its liabilities as they fall due. The Charity is not a functional Charity having staff and overheads but makes grants and donations from its investment income.

1.3. Charitable funds

1.4 Income Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. All income is stated gross of any expenditure.

1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party, itis probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including governance costs are allocated to applicable expenditure headings.

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

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THE ANDOR CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

1 Accounting policies

(Continued)

1.6 Fixed asset investments Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The Statement of Financial Activities includes the net gains and losses arising on disposals during the year and fair value adjustments at the year end.

1.7 Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the Charity after deducting all of its liabilities.

1.9 Debtors Debtors are recognised at the settlement amount due.

1.10 Creditors

Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount.

2 Investment income

UK Overseas Total Total
2025 2025 2025 2024
£ £ £ £
Income from listed investments 57,638.44 12,767.89 70,406.30 72,901.65
Bank and broker interest 1,555.99 - 1,555.99 3,101.65
59,194.40 12,767.89 71,962.29 76,003.30
Charitable activities
Analysis of charitable activities
Total Total
2025 2024
£ £
Grants (3.1) 181,000.00 193,500.00
Administrative costs (3.2) 33,487.00 36,156.00
214,487.00 229,656.00

3 Charitable activities

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THE ANDOR CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

3 Charitable activities

(Continued)

3.1 Grants payable 2025 2024
£ £
Grants during the yearcomprise:
Afasic 1,000.00 4,000.00
TheAirAmbulance Service 2,000.00 2,000.00
Aimeida Theatre Company Limited 1,000.00 1,000.00
Alzheimer's Research UK 1,000.00 4,000.00
Amref Health Africa 2,000.00 2,000.00
Anne Frank Trust UK 1,000.00 4,000.00
Anthony Nolan 2,000.00 2,000.00
Asthma + Lung UK 1,000.00 1,000.00
BatterseaArts Centre 1,000.00 1,000.00
BIBIC 1,000.00 1,000.00
Brain Injury Rehabilitation and Development Charity - 1,000.00
Brain Research UK 1,000.00 4,000.00
British Library 1,000.00 7,500,00
Cancestry 2,500.00 -
Carers UK 2,000.00 2,000.00
Centrepoint Soho 4,000.00 4,000.00
The Chicken Shed Theatre Trust Limited 5,000.00 5,000.00
Child PovertyAction Group ~ 10,000.00
Children in Crisis UK 2,000.00 2,000.00
The Children's Trust 2,000.00 2,000.00
City ofBirmingham Symphony Orchestra 1,000.00 1,000.00
Cove Park 3,000.00 -
Crohn's in Childhood Research Association 1,500.00 4,500.00
Cure Parkinson's Trust 4,000.00 1,000.00
Cystic Fibrosis Trust 2,000.00 2,000.00
Diabetes UK 1,000.00 1,000.00
Dyspraxia Foundation - 1,000.00
English National Ballet 3,000.00 3,000.00
English National Opera 2,000.00 2,000.00
Epilepsy Research Institute UK 1,000.00 1,000.00
Epilepsy Society 1,000.00 1,000.00
Friends ofthe israel Opera Trust - 1,000.00
Balancecarriedforward 49,000.00 63,000.00

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THE ANDOR CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

3 Charitable activities (Continued)
2025 2024
£ £
Balance brought forward 49,000.00 63,000.00
Garsington Opera Ltd 5,000.00 5,000.00
Glyndebourne Productions Limited 2,500.00 2,500.00
The Great Ormond Street Hospital Children’s Charity 1,000.00 1,000.00
Hampstead Theatre Limited 4,000.00 1,000.00
Headway -the Brain InjuryAssociation 4,000.00 1,000.00
International Medical Corps UK 2,500.00 2,500.00
Jewish Museum London - §,000.00
Jnetics - 2,000.00
Leukaemia UK 1,000.00 1,000.00
Listening Books 1,000.00 1,000.00
Live MusicNow Limited 1,500.00 1,500.00
London Symphony Orchestra Limited 2,000.00 2,000.00
LupusUK 1,000.00 1,000.00
Macmillan Cancer Support 1,000.00 4,000.00
Macular Disease Society 1,000.00 4,000.00
Maggie Keswick Jencks Cancer Caring Centres Trust 3,000.00 3,000.00
Manna UK 5,000.00 1,500.00
Marie Curie Hampstead Hospice 2,000.00 4,000.00
Motor Neurone Disease Association 3,000.00 3,000.00
Multiple Sclerosis Society 5,000.00 5,000.00
Multiple Sclerosis Trust 5,000.00 5,000.00
Music in Hospitals & Care 2,500.00 2,500.00
The National Bobath Cerebal Palsy Centre (Formerly The Bobath Centre
for Children with Cerebral Paisy) - 3,000.00
National Youth Choir ofGreat Britain 1,000.00 4,000.00
The National Youth Orchestra of Great Britain 1,500.00 1,500.00
Noam Educational Trust 2,000.00 2,000.00
North London Hospice 1,500.00 41,500.00
Norwood 1,500.00 4,500.00
The Old Vic Theatre Trust 2000 2,000.00 2,000.00
Opera Brava Limited 3,000.00 3,000.00
Ovacome 4,000.00 1,000.00
Pancreatic CancerUK 3,000.00 3,000.00
Philharmonia Orchestra 1,000.00 1,000.00
Polka Children's Theatre Limited 1,000.00 1,000.00
Practical Action 2,000.00 2,000.00
Prostate CancerUK 2,000.00 2,000.00
Purcell School forYoung Musicians 1,000.00 1,000.00
Regent's ParkTheatre Limited 1,000.00 4,000.00
The RespiteAssociation 2,000.00 2,000.00
Revitalise 1,500.00 1,500.00
Balancecarriedforward 124,000.00 443,500.00

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THE ANDOR CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

3. - Charitable activities

(Continued)

2025 2024
£ £
Balance brought forward 124,000.00 143,500.00
Rix-Thompson-Rothenberg Foundation 3,000.00 3,000.00
The Royal National Institute of Blind People 3,000.00 3,000.00
The Royal National Theatre 1,000.00 1,000.00
Royal Philharmonic Orchestra 1,000.00 -
Royal Philharmonic Society 1,000.00 1,000.00
Sadler's Wells Trust Limited 4,000.00 1,000.00
The Shakespeare Globe Trust 1,000.00 4,000.00
Soho Theatre Company Limited 1,000.00 1,000.00
Stem4 1,000.00 1,000.00
Target Ovarian Cancer 1,000.00 4,000.00
Trussell Trust 10,000.00 10,000.00
UKJewish Film Festival 1,000.00 1,000.00
UK Music Masters Ltd 1,000.00 -
The United Kingdom Committee for UNICEF 5,000.00 -
The University College London Hospitals Charitable Foundation 2,000.00 2,000.00
University oftheArts / Central Saint Martin's 2,000.00 2,000.00
VersusArthritis (Formerly Arthritis care) 1,000.00 1,000.00
The Virtual Doctors 1,000.00 1,000.00
WAC Arts 1,000.00 1,000.00
WaterAid 2,000.00 2,000.00
The Wiener Holocaust Library 5,000.00 5,000.00
TheWigmore Hall Trust 4,000.00 4,000.00
The WillowFoundation 5,000.00 5,000.00
Wiltons Music Hall 1,000.00 1,000.00
Young SoundsUK (FormerlyAwards forYoung Musicians ) 1,006.00 1,000.00
The Young VicCompany Ltd 1,000.00 1,000.00
181,000.00 193,500.00

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

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THE ANDOR CHARITABLE TRUST

FOR THE YEAR ENDED 5 APRIL 2025

3 Charitable activities

(Continued)

3.2 Administrative costs

The breakdown of support costs and how these are allocated between Governance and Charitable Activities is shown in the table below.

Support Charitable Total
costs activities Total
Cost type
2025 2025 2025 2024
£ £ £ £
Independent examiner's fees 2,520.00 - 2,520.00 2,400.00
Accountancy fees 29,172.00 - 29,172.00 31,956.00
Under provision of Independent Examiner fees
in PY - - - 20.00
SmartGiving fee - 1,795.00 1,795.00 1,780.00
31,692.00 1,795.00 33,487.00 36,156.00

4 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the current year or the previous year.

5 Employees

There were no employees during the year or the previous year.

6 Fixed asset investments

Fixed asset investments
Listed
investments Cash Total Total
2025 2025 2025 2024
£ £ £ £
Market Value at 6 April 2024 3,166,233.18 14,339.63 3,180,572.81 3,136,012.69
Additions 499,820.67 - 199,820.67 1,739,837.53
Disposals (394,831.13) - (394,831.13) (1,687,082.65)
Cash movements - 7,616.36 7,616.36 (226,506.75)
Gains on investments (81,812.56) - (81,812.56) 218,311.99
MarketValue at 5April 2025 2,889,410.16 21,955.99 2,911,366.15 3,180,572.81
Historicalcostofinvestmentsat5April2025 2,917,638.99 3,186,782.00

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THE ANDOR CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

6 Fixed asset investments

(Continued)

UK Overseas Total Total
2025 2025 2025 2024
£ £ £ £
Equities 889,123.00 1,119,263.00 2,008,386.00 2,262,752.00
Fixed interest 729,916.16 - 729,916.16 748,629.18
Investment Trusts 130,314.00 - 130,314.00 133,888.00
Commodities 20,794.00 - 20,794.00 20,964.00
Cash deposits 21,955.99 - 21,955.99 14,339.63
1,792,103.15 1,119,263.00 2,911,366.15 3,180,572.81
2024 1,762,043.81 1,418,529.00 3,180,572.81
Investments comprising 5% or more ofthe total market value ofinvestments are as follows :-
%
Treasury 1 5/8% Bonds 22/10/2028 5.54
Treasury 4 1/4% Stock 7/12/2027 8.73
7 Debtors: amounts falling due within one year
2025 2024
£ £
Accrued income receivable 6,272.83 8,208.81
8 Creditors: amounts falling due within one year
2025 2024
£ £
Rathbone Investment Management Limited 5,251.74 5,736.19
BlickRothenberg Limited 22,200.00 28,176.00
GallowaysAccounting Limited 2,520.00 2,400.00
Donations payable/ uncashed cheques - 2,000.00
29,971.74 38,312.19

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THE ANDOR CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

9 Movement in funds Opening Incoming ResourcesNet gains on ResourcesNet gains on Closing
funds resources expended investments funds
2025 2025 2025 2025 2025
£ £ £ £ £
Unrestricted funds 3,196,224.37 71,962.29 (236,249.09) (81,812.56) 2,950,125.01
2024 2024 2024 2024 2024
£ £ £ £ £
2024 3,153,497.95 76,003.30 (251,588.87) 218,311.99 3,196,224.37

10 Analysis of net assets between funds

Analysis of net assets between funds
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fund balances at 5April are represented by:
Investments 2,912,366.15 3,180,572.81
Current assets 67,730.60 53,963.75
Current liabilities (29,971.74) (38,312.19)
Totalnetassetsat5April2025 2,950,125.01 3,196,224.37

11 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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