## THE GEOFF & FIONA SQUIRE FOUNDATION
## **Trustees’ Report**
## **and Unaudited Financial Statements**
for the year ended 31 March 2025
**Registered Charity Number 1085553**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **INDEX**
|**Charity information**|**1**|
|---|---|
|**Trustees’ report**|**3**|
|**Independent Examiner’s report**|**6**|
|**Statement of financial activities**|**7**|
|**Balance sheet**|**8**|
|**Accounting policies**|**9**|
|**Notes to the financial statements**|**11**|
**THE GEOFF & FIONA SQUIRE FOUNDATION** UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **CHARITY INFORMATION**
## **Trustees**
Mr G W Squire Ms F P Squire Mr B G Peerless
## **Principal Office**
18 Henry Moore Court Manresa Road London SW3 6AS
## **Registered Charity Number**
1085553
## **Accountant**
Lane Monnington Welton Riverside View Basing Road Basingstoke Hampshire RG24 7AL
## **Independent Examiner**
Geoffrey Frost FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
## **Banker**
Weatherbys Bank Sanders Road Wellingborough NN8 4BX
## **Investment Managers**
Rathbones Investment Management Limited Port of Liverpool Building Pier Head Liverpool L3 1NW
Waverton Investment Management Limited 16 Babmaes Street London SW1Y 6AH
**Page 1**
**THE GEOFF & FIONA SQUIRE FOUNDATION UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **CHARITY INFORMATION**
## **Solicitor**
Charles Russell Speechlys LLP 5 Fleet Place London EC4M 7RD
**Page 2**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **TRUSTEES’ REPORT**
The trustees present their annual report and financial statements for the year ended 31 March 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 "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)".
## **Structure, governance and management**
The charity was constituted on 24 January 2001 as amended by deed of amendment 13 March 2001 and has general charitable objects.
The trustees who served during the year and up to the date of signature of the financial statements were: G W Squire
F P Squire B G Peerless
The founding trustees are GW & FP Squire and BG Peerless. Future trustees may be appointed at the discretion of GW & FP Squire and otherwise at the discretion of the existing trustees from time to time.
The charity is managed by its trustees who meet regularly.
Due to the nature of the charity, as described below, formal training is not given, but is available on request to trustees who feel it would assist with the performance of their duties. The trustees are involved in all aspects of the charity and accordingly there are no other management or staff levels reporting into them. As well as being a trustee, B G Peerless is also a partner of the trustees’ solicitors, Charles Russell Speechlys LLP.
## **Objectives and activities**
Purposes which are exclusively charitable according to the law for the time being of England and Wales. The Trustees are to use the Foundation's capital and income for and towards general charitable purposes, and the Trustees carry out this object by making grants to other charitable organisations, in particular, but not exclusively, those involved in the fields of:
- medical research;
- education;
- relief of poverty;
- protection of children and;
- animal welfare.
The charity carries out its aims by making grants to registered charities in these fields and there has been no change in these during the year.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake to further the charity's objectives for public benefit.
The trustees believe that based on the grants given to registered charities in the current year (the complete list is set out in the notes to the Financial Statements), the charity has clearly met its responsibilities to provide benefit to the public whilst carrying out its charitable aims.
Examples of such benefits include:
- relief of sickness; e.g. supporting Hampshire Hospitals Charity – Project Robot and Alder Hey Children’s Charity;
- advancement of education; e.g. supporting Read for Good and The Countryside Alliance Foundation – Fishing for Schools;
- sport; e.g. making donations to Disability Snowsport UK and Ospreys Wheel Chair Rugby;
- promotion of the arts; e.g. Bournemouth Symphony Orchestra and helping to fund participative singing in schools via Pimlico Opera – Primary Robins.
**Page 3**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **TRUSTEES’ REPORT**
## _Grant making policy_
The trustees will only consider organisations or groups which are charitable as defined by charity law in England and Wales and whose aims and objectives fall within the scope of the charity's own charitable objects, in particular, but not exclusively, in the fields of medicine, education, disability and the welfare and healthcare of children. Applications from any geographical area within the UK are eligible for consideration.
All applications from previous grant holders will be considered by the trustees on their own merits.
The charity will work in partnership with other organisations to fund initiatives beyond the financial means of a single organisation.
Grant holders will be expected to co-operate with the charity in providing details of how grant money has been spent and/or applied in furtherance of its objects and to comply with Charity Commission and/or statutory audit requirements.
## **Achievements and performance**
Although the trustees noted a decrease in the capital value of the investments during the year, they remain satisfied that in spite of current conditions they can retain well diversified investments and a prudent investment strategy.
In the current year the charity provided grants totalling £780,154 to 66 different registered charities (a decrease of £111,026 on the previous year).
## **Financial review**
The trustees report that the total funds of the charity have decreased from £7.67m to £7.05m due mainly to the excess of donations over income.
It is the policy of the charity that liquid unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least one year’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in capital values of and/or income from investments, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The balance sheet shows net assets of approximately £7.05m. The Trustees intend to continue to make donations at their discretion and to maintain the current level of charitable giving if possible (with potentially more sizeable donations to be made next year in recognition of it being the 25[th] anniversary of the charity).
The charity's investment objectives are to balance current and future beneficiary needs by:
- maintaining, and if possible, increasing the value of the investments in the future;
- producing a consistent and sustainable return to support charitable expenditure; and
- delivering these objectives within acceptable levels of risk.
The investment performance is monitored by the trustees. At the year end the market value of investments was approximately £6.8m, showing a decrease from the previous year. During the year £171,735 of income was generated which is also a decrease from the previous year.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to major risks. The major risk identified is a fall in the value of the charity’s investments.
The trustees have a prudent policy of risk management, as evidenced by the holding of at least a year of estimated forward expenditure in cash, cash equivalents or liquid assets, and the selection of appropriate risk management mandates for the various fund managers. The trustees confirm that they have examined the major risks which the charity faces and confirm that systems have been established to enable these risks to be mitigated.
The trustees do not foresee significant changes in the charity's policies, with the investment in capital markets and donations to other charitable bodies expected to continue for the foreseeable future.
**Page 4**
THE GEOFF & FIONA SQUIRE FOUNDATION
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES, REPORT
Statement of trustoes, r•sponslbilitl•s
The trustees are responsible for pparIng the Trustees. Report and the financial statements in accordance Wlth
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charilies in England & 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 charty and of the incoming resources and
application of resources of the charity for that period.
In preparing these financial stalements. the trustees are required to..
select suitable accounting policies and then apply them consistentSy',
observe the methods and principles in the Charities SORP 2019 (FRS 102);
make judgements and estimates that are reasonable and prudent.,
state whether applicable 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 rt is inappropriate to presume that the
charity will continue in operation.
The trustees are responsible for keeping proper 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 Charities (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.
Trustee
Date
Page 6
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **INDEPENDENT EXAMINER’S REPORT**
## **Independent Examiner's Report to the Trustees of The Geoff & Fiona Squire Foundation.**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which are set out on pages 7 to 17.
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination
I 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 accounts to be reached.
Geoffrey Frost FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
Date[26 January 2026]
**Page 6**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **STATEMENT OF FINANCIAL ACTIVITIES**
|**Note**
**INCOME AND ENDOWMENTS FROM:**
Investments
**1**
**Total**
**EXPENDITURE ON:**
Raising funds - Investment management fees
**2**
Charitable activities
**3**
**Total**
Net gains/(losses) on investments
**8**
**Net income/(expenditure) and movement on funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**10**
**Total funds carried forward**
**10**|**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
171,735
171,735
24,822
800,728
825,550
29,483
(624,332)
7,672,385
7,048,053|**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
181,968|
|---|---|---|
|||181,968|
|||27,736
913,961|
|||941,697|
|||682,097|
|||(77,632)
7,750,017|
|||7,672,385|
None of the charity's activities were acquired or discontinued during the above two financial years.
The charity has no recognised gains or losses other than those dealt with in the statement of financial activities.
**Page 7**
THE GEOFF & FIONA SQUIRE FOUNDATION
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BALANCE SHEET AS AT 31 MARCH 2025
31 Mar 2025
31 Mai 2024
FIXED ASSETS
Investments- managed funds
8.778.472
7,326.098
CURRENT ASSETS
Cash at hand and in bank
Tothl curr•nt au•ts
284,327
284,327
381,505
361.505
CURRENT LIA8ILITIES
Credttors.. amounts fallin9 due wh1n one year
N•t curront as••W{Il•bllStl••l
14.746
15,218
269.581
346,287
Not ••Mtsllll•bllltlg¥1
7,048,053
7,672,385
THE FUNDS OF ThE CHARITY
UnMtrlct•d fvnd•
10
7.048.053
7.fj72,385
T•)lal charlty lund•
7,048,053
7,672.38S
The acconwanylng nole8 form part of the flnandal 8lalem8nl8.
ai fvJm£116
The Ilnand818latemenls wère approved and •Lthorlsed for Issuè by the INsle88 on ...........
and 8lgned on Ih8lr behalf
Trustee
Page 8
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **ACCOUNTING POLICIES**
## **General information, scope and basis of the financial statements**
The Geoff & Fiona Squire Foundation is an unincorporated charity constituted under a deed of settlement. The address of the principal office is given in the reference and administrative details section and the nature of the charity’s operations and principal activities are given in the trustees' report.
The charity consitutes a public entity as defined by FRS 102. 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
## **Cash flow statement**
The charity does not include a statement of cash flows on the grounds that it is applying FRS 102 Section 1A.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
Investment income is earned through holding assets for investment purposes such as shares. It includes dividends and interest. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend and rent income is recognised as the charity’s right to receive payment is established.
## **Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following expenditure headings:
- Raising funds; these include investment management fees charged by the charity's investment managers
- Charitable activities; these include grants to third parties and the costs of administering the charity inclusive of governance costs
Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity.
Support and governance costs are those that assist the work of the charity but do not directly represent charitable activities. They are incurred directly in support of expenditure on the objects of the charity. Governance costs are those incurred in the governance of the charity and primarily associated with the constitution and statutory requirements.
## **VAT**
The charity is not registered for VAT and is unable to recover VAT incurred. On this basis costs are recorded inclusive of VAT within the SOFA.
## **Taxation**
The charity is considered to pass the tests set out in sections 521 to 536 Income Tax Act 2007 (ITA 2007), as such no income tax is payable on the charity's activities.
**Page 9**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **ACCOUNTING POLICIES**
## **Investments**
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in ‘net gains / (losses) on investments’ in the SoFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
Where investments are denominated in currencies other than Sterling, transactions are translated at the rate prevailing at the date of the transaction and year end values are calculated using the exchange rate prevailing at the year end.
## **Debtors receivable and creditors payable within one year**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **Cash and cash equivalents**
Cash and cash equivalents includes cash at bank and in hand and cash balances within the investment portfolio available for investment transaction purposes.
## **Fund accounting**
Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
## **Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
**Page 10**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **NOTES TO THE FINANCIAL STATEMENTS**
|**1. Income from investments**
Income from investments
Interest receivable
**2. Expenditure on raising funds**
Investment management fees
**3. Expenditure on charitable activities**
Grants (see note 4)
Support and governance costs (see note 5)|**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
166,762
4,973
171,735
**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
24,822
24,822
**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
780,154
20,574
800,728|**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
175,989
5,979|
|---|---|---|
|||181,968|
|||**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
27,736|
|||27,736|
|||**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
891,180
22,781|
|||913,961|
**Page 11**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **NOTES TO THE FINANCIAL STATEMENTS**
|**4. Grants awarded to institutions - one payment unless noted**
**No.**
Access Adventures
Action For Kids Charitable Trust; AFK
Activity Club For Children With Special Needs (Berkshire)
Alexander Devine Children's Cancer Trust
Addenbrooke's Charitable Trust
Alder Hey Children's Charity
Ambitious About Autism
BEEP Doctors (BASICS Cumbria) Ltd
Belvoir Cricket & Countryside Trust
BeyondAutism
Bournemouth Symphony Orchestra
Braille Chess Association
Calibre Audio
Cancer Support UK
Cardiac Risk In The Young; CRY
Castel Froma Neuro Care Limited
Cerebral Palsy Plus
Clothing Solutions (for Disabled People)
Cloverleaf Advocacy 2000 Ltd
Coventry Wheelchair Basketball Academy
Crackerjacks Children's Trust
Cyclists Fighting Cancer
Deafblind UK
Demelza Hospice Care for Children
Designability Charity Ltd
Destination Pond Meadow
Disability Information Bureau
Diverse Abilities Plus Ltd.
Dogs for Autism
Down's Syndrome Association
Dressability
Edinburgh Children's Hospital Charity
Event Mobility
Equi-Power Central Scotland RDA
Fire Fighters Charity
Forest Of Avon Trust
Garvald Edinburgh
Go Beyond Charity
Goalball UK
Grange Park Opera - legacy project
Great Western Air Ambulance Charity
Hampshire Hospitals Charity
Handicapped Children's Action Group
Hartpury University & Hartpury College
Hearing Dogs for Deaf People
Heathrow Special Needs Centre
Horatio's Garden
Integrated Neurological Services; INS
Joss Searchlight
Just Kidding|**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
**No.**
5,000
-
1,000
-
125,000
2,500
4,600
2,500
-
-
2,000
-
-
-
-
-
3,000
750
785
1,500
-
5,000
5,000
2,000
-
-
-
-
5,000
-
1,000
-
500
-
5,000
-
-
1,200
-
-
-
150,000
-
-
5,000
2,500
50,000
-
1,500
500
382,835|**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
15,048
5,000
1,100
2,000
250,000
-
-
-
728
2,500
-
5,000
5,000
5,000
5,000
5,500
-
-
-
-
5,000
-
5,000
-
6,000
8,000
3,000
3,155
-
4,140
1,000
10,000
500
-
-
500
1,000
-
5,000
50,000
16,500
-
3,708
19,428
-
-
50,000
5,000
-
-|
|---|---|---|
|||498,807|
**Page 12**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **NOTES TO THE FINANCIAL STATEMENTS**
|**4. Grants awarded to institutions (continued) - one payment unless noted**
**No.**
Continued from previous page
Keech Hospice
Kids N'Action
King's College Hospital Charity
La Folia Music
Lennox Childrens Cancer Fund
Life Cycle
Localgiving Foundation; FHDS
London Wheelchair Rugby Club
Lord's Taverners
Make Them Smile
Maxability
Microphthalmia, Anophthalmia & Coloboma Support
Midlands Air Ambulance Charity
Minstead Trust
Momentum Children's Charity
Moorfields Eye Charity
Noah's Ark - The Children's Hospice
North West Wheelchair Rugby
Orchard Hill College
Ospreys Wheelchair Rugby
Over The Wall
Pelton Community Association
Pimlico Opera
Rainbow Trust Children's Charity
Rays of Sunshine
Read for Good
Regain - The Trust for Sports Tetraplegics
Rockinghorse Children's Charity
Royal Hospital Chelsea Appeal Limited
Royal Hospital for Neuro-Disability
Ruby's Fund
Seashell Trust
Spread a Smile
St David's Foundation Foundation Hospice Care
Strength & Learning Through Horses; SLTH
Sunshine Wishes Children's Charity Scio
Support Dogs Limited
The Alkaptonuria Society Ltd
The Basingstoke and Alton Cardiac Rehabilitation Charity Limited
The Bren Project
The British Disabled Angling Association
The Cathedral Church of The Holy And Undivided Trinity of Ely
The Children's Adventure Farm Trust Ltd
The Children's Trust
The Countryside Alliance Foundation
The Disabled Sailors Association
The Douglas Bader Foundation
The Freya Foundation|**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
**No.**
382,835
2,000
500
-
-
-
2,000
-
-
-
-
-
1,000
-
5,000
-
25,000
35,000
5,000
-
5,000
-
-
7,500
-
5,000
10,000
-
5,000
-
2
-
1,500
9,000
3,000
-
-
1,000
5,000
-
-
1,000
3,000
-
1,000
45,287
2,500
-
-
2,000
565,122|**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
498,807
-
-
10,000
10,000
5,000
-
2,500
6,500
10,000
9,292
5,000
-
10,152
-
7,000
10,180
-
-
3,951
-
5,000
5,000
7,500
7,840
-
-
7,186
-
23,429
5,000
-
-
-
2,876
5,000
-
-
500
5,000
-
-
3,000
-
-
-
5,000
5,000
-|
|---|---|---|
|||675,713|
**Page 13**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **NOTES TO THE FINANCIAL STATEMENTS**
|**4. Grants awarded to institutions (continued) - one payment unless noted**
**No.**
Continued from previous page
The Hackney Carriage Drivers Charity Trust
The Honeypot Children's Charity
The Inspire Foundation
The JPK Sussex Project
The Lullaby Trust
The Movement Centre for Targeted Training
The Orpheus Centre Trust
The Rose Road Association
The Rossendale Trust Limited
The Royal National College for The Blind; RNC
The Royal National Institute of Blind People; RNIB
The Royal Leicestershire Rutland And Wycliffe Society for The Blind; VISTA
The Royal Veterinary College Animal Care Trust
The Sequal Trust
The Society for Mucopolysacchride Diseases
The Stable Family Home Trust
The Theodora Children's Charity
The Uphill Ski Club of Great Britain
The Wheelyboat Trust
The Whittington Hospital NHS Trust Charitable Funds
The Worshipful Company of Hackney Carriage Drivers Charity
Truman Enterprise Narrowboat Trust
Variety - The Children's Charity
Vehicles for Change
Wallace & Gromit's Children's Foundation
WaveLength Charity Limited
Wessex Children's Hospice Trust
Wetwheels Foundation
Whizz-Kidz
Willow Foundation
Wiltshire and Bath Air Ambulance Charity
Woodwork To Wellness
Yateley Industries for The Disabled Limited
Yorkshire Children's Charity
Yvonne Arnaud Theatre|**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
**No.**
565,122
-
-
33,260
-
3,000
-
8,605
-
5,000
-
-
-
30,000
-
10,000
-
-
5,000
-
10,000
4,500
20,000
-
-
-
-
48,157
11,910
5,000
10,000
3,600
-
2,000
5,000
-
780,154|**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
675,713
4,500
5,000
-
500
-
1,000
-
5,000
5,000
7,385
5,000
5,000
-
5,000
10,000
25,000
5,000
-
10,000
-
-
-
39,831
10,000
6,769
1,000
40,097
-
-
20,000
-
2,385
-
-
2,000|
|---|---|---|
|||891,180|
**Page 14**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **NOTES TO THE FINANCIAL STATEMENTS**
## **5. Support and governance costs**
|**5. Support and governance costs**|||
|---|---|---|
|Charles Russell Speechlys fees
Accountant
Bank charges
Governance costs:
Independent examiner's fees|**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
13,440
3,744
-
3,390
20,574|**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
16,536
2,880
65
3,300|
|||22,781|
## **6. Examiner's fees and Auditor's remuneration**
|Independent examiner's fees - Examination|**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
3,390
3,390|**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
3,300|
|---|---|---|
|||3,300|
## **7. Related party transactions**
Fees payable to Charles Russell Speechlys, of whom one of the charity's trustees is partner, are authorised under clause 18 of the trust deed. Fees are included with support and governance costs in note 5 with £1,560 (2024: £2,016) accrued the balance sheet date in respect of these fees.
The charity has no employees, all administration being carried out by the trustees and professional advisors. None of the charity's trustees were remunerated.
## **8. Fixed asset investments**
|Market value brought forward
Additions at cost
Disposals at carrying value
Gain/(Loss) on revaluation
**Market value carried forward**
_Gains/(losses) on investments:_
Unrealised gains/(losses) on Rathbones
Realised gains/(losses) on Waverton|**31 Mar 2025**
**£**
7,326,098
1,769,250
(2,316,720)
(156)
6,778,472
**31 Mar 2025**
**£**
(156)
29,639
29,483|**31 Mar 2024**
**£**
7,406,756
1,403,286
(2,174,652)
690,708|
|---|---|---|
|||7,326,098|
|||**31 Mar 2024**
**£**
690,708
(8,611)|
|||682,097|
**Page 15**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **NOTES TO THE FINANCIAL STATEMENTS**
## **9. Creditors: amounts falling due within one year**
|Accruals - Rathbones management fees
Accruals - Waverton management fees
Accruals - Accountant fees
Accruals - Charles Russell Speechlys fees
Accruals - Independent examiner's fees|**31 Mar 2025**
**Total**
**Funds**
**£**
6,029
23
3,744
1,560
3,390
14,746|**31 Mar 2024**
**Total**
**Funds**
**£**
6,152
150
3,600
2,016
3,300|
|---|---|---|
|||15,218|
## **10. Net movement in funds**
|**10. Net movement in funds**||||||
|---|---|---|---|---|---|
|Unrestricted funds|**Total funds**
**brought**
**forward**
**£**
7,672,385
7,672,385|**Total**
**incoming**
**resources**
**£**
171,735
171,735|**Total**
**resources**
**expended**
**£**
(825,550)
(825,550)|**Gains/**
**(losses) on**
**investments**
**£**
29,483
29,483|**Total funds**
**carried**
**forward**
**£**
7,048,053|
||||||7,048,053|
## **11. Financial instruments**
The carrying amounts of the charity's financial instruments are as follows:
|**31 Mar 2025**
**Total**
**Funds**
**£**
_Financial assets_
Measured at fair value through net income/(expenditure):
Fixed asset investments
6,778,472
6,778,472
The income, expense, net gains and net losses attributable to the charity's financial instruments are summarised as follows:
**31 Mar 2025**
**Unrestricted**
**Total**
**Funds**
**£**
_Income and expense_
Financial assets measured at fair value through net income/(expenditure)
Investment income
166,762
Investment management fees
(24,822)
141,940
_Net gains and losses (including changes In fair value)_
Financial assets measured at fair value through net income/(expenditure)
Unrealised gains/(losses) on investments
(156)
Realised gains/(losses) on investments
29,639
29,483|**31 Mar 2024**
**Total**
**Funds**
**£**
7,326,098|
|---|---|
||7,326,098|
||**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
175,989
(27,736)|
||148,253|
||690,708
(8,611)|
||682,097|
Fixed asset investments are held at fair value with valuations obtained using last traded or closing mid/bid market prices as available.
**Page 16**
## **THE GEOFF & FIONA SQUIRE FOUNDATION**
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
## **NOTES TO THE FINANCIAL STATEMENTS**
## **12. Comparative net movement in funds**
|**12. Comparative net movement in funds**||||
|---|---|---|---|
|**Total funds**
**Total**
**brought**
**incoming**
**forward**
**resources**
**£**
**£**
Unrestricted funds
7,750,017
181,968
7,750,017
181,968
**13. Comparative statement of financial activities and net movement in funds**|**Total**
**resources**
**expended**
**£**
(941,697)
(941,697)
**31 March 2024**|**Gains/**
**(losses) on**
**investments**
**£**
682,097
682,097|**Total funds**
**carried**
**forward**
**£**
7,672,385|
||||7,672,385|
|||||
|**Note**
**INCOME AND ENDOWMENTS FROM:**
Investments
**1**
**Total**
**EXPENDITURE ON:**
Raising funds - Investment management fees
**2**
Charitable activities
**3**
**Total**
Net gains/(losses) on investments
**8**
**Net income/(expenditure) and movement on funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**12**
**Total funds carried forward**
**10, 12**|**31 Mar 2024**
**Unrestricted**
**Total**
**Funds**
**£**
181,968|
|---|---|
||181,968|
||27,736
913,961|
||941,697|
||682,097|
||(77,632)
7,750,017|
||7,672,385|
**Page 17**