**Trustees' Annual Report for the period**
Period start date Period end date 01 04 2023 31 03 2024 **From To**
## Section A Reference and administration details
**Charity name**
THE REYNOLDS FOUNDATION
**Other names charity is known by**
> **Registered charity number (if any)** 1091512
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Charity's principal address|[8, Gerrard Street, ]|
|Warwick|
|Postcode|CV34 4HD|
|ee|
|Names of the charity trustees who manage the charity|
|Dates acted if not for whole|Name of person (or body) entitled|
|Trustee name|Office (if any)|
|year|to|appoint|trustee|(if any)|
|1 R G Reynolds|Trustees|
|2 K Loeffler|“|
|3 R Reynolds|“|
|4 G A Spooner|Ist July 2023|“|
|5|
|6|
|7|
|8|
|9|
|10|
|11|
|12|
|13|
|14|
|15|
|16|
|17|
|18|
|19|
|20|
|—————|
**----- End of picture text -----**
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
|**INVESTMENT**|FISKE & Co|LONDON EC2M 5QS|
|**INVESTMENT**|RATHBONES|LONDON EC2M 7AZ|
||||
||||
## **Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
TRUST DEED
(eg. trust deed, constitution)
How the charity is constituted
TRUST
- (eg. trust, association, company)
Trustee selection methods
APPOINTED BY TRUSTEES
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
To maintain permanent facilities for the exhibition of the “Collection”(as defined in the Declaration of Trust date 20/02/2002) and to provide support and help to persons working in the field of the arts.
March **2012**
**TAR**
2
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
- Housing and display of the Collection.
- Support for concerts in Mahon
- Music bursary scheme
- Bursaries to two members of the UK National Youth Orchestra
- Support to Ex Cathedra’s ‘Singing Medicine’ project,
- Support for the Playbox theatre
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
## Section D Achievements and performance
In Mahon there was a full programme of 7 concerts with Joventuts **Summary of the main** Musicals.. **achievements of the charity** A further bursary was granted to pianist D Molina **during the year** A travel bursary was awarded to artist Elena de Castro Molero to enable her to study in London at the Instituto Marangoni. In the UK, the Foundation awarded two bursaries to young musicians of the National Youth Orchestra. The support to Ex Cathedra continued, especially towards their ‘Singing Medicine’Programme. Support was provided to the Playbox Theatre for a programme of performances in various locations in Warwick by young actors of poems.
**Section E Financial review** To have sufficient reserves invested to provide enough income to meet **Brief statement of the** the running costs of the Foundation **charity’s policy on reserves Details of any funds materially in deficit**
## **E**
March **2012**
**TAR**
3
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
## R G Reynolds
**Full name(s)** Richard Gurdon Reynolds
**Position (eg Secretary, Chair, etc)**
Chair
**Date**
March **2012**
**TAR**
4
||**1091512**
**The Reynolds Foundation**
1/4/2024
3/31/2025
**No (if any)**
**Charity Name**
**Receipts and payments accounts**
Period start
Period end
**To**
**For the**
**period from**
~~—————— ~~|**1091512**
**The Reynolds Foundation**
1/4/2024
3/31/2025
**No (if any)**
**Charity Name**
**Receipts and payments accounts**
Period start
Period end
**To**
**For the**
**period from**
~~—————— ~~|**1091512**
**The Reynolds Foundation**
1/4/2024
3/31/2025
**No (if any)**
**Charity Name**
**Receipts and payments accounts**
Period start
Period end
**To**
**For the**
**period from**
~~—————— ~~|**1091512**
**The Reynolds Foundation**
1/4/2024
3/31/2025
**No (if any)**
**Charity Name**
**Receipts and payments accounts**
Period start
Period end
**To**
**For the**
**period from**
~~—————— ~~|**1091512**
**The Reynolds Foundation**
1/4/2024
3/31/2025
**No (if any)**
**Charity Name**
**Receipts and payments accounts**
Period start
Period end
**To**
**For the**
**period from**
~~—————— ~~|**1091512**
**The Reynolds Foundation**
1/4/2024
3/31/2025
**No (if any)**
**Charity Name**
**Receipts and payments accounts**
Period start
Period end
**To**
**For the**
**period from**
~~—————— ~~|**1091512**
**The Reynolds Foundation**
1/4/2024
3/31/2025
**No (if any)**
**Charity Name**
**Receipts and payments accounts**
Period start
Period end
**To**
**For the**
**period from**
~~—————— ~~|**1091512**
**The Reynolds Foundation**
1/4/2024
3/31/2025
**No (if any)**
**Charity Name**
**Receipts and payments accounts**
Period start
Period end
**To**
**For the**
**period from**
~~—————— ~~|**1091512**
**The Reynolds Foundation**
1/4/2024
3/31/2025
**No (if any)**
**Charity Name**
**Receipts and payments accounts**
Period start
Period end
**To**
**For the**
**period from**
~~—————— ~~||**CC16a**
~~ae~~|
|---|---|---|---|---|---|---|---|---|---|---|---|
|**Section A Receipts and payments**||||||||||||
|||**Unrestricte**
**d funds**|||**Restricted**
**funds**||**Endowment**
**funds**|**Endowment**|**Total funds**||**Last year**|
|||**to the**|||**to the**||**to the**||**to the**||**to the**|
|||**nearest £**|**nearest £**|**nearest £**|**nearest £**||**nearest £**||**nearest £**||**nearest £**|
|**A1 Receipts**||||||||||||
|Gift Aid and Tax Refund|||**-**||**-**||**-**||**167,285**||**156,274**|
||||**-**||**-**||**-**||**-**||**-**|
|Investment income|||**-**||**-**||**-**||**110,623**||**- 8,611**|
||||**-**||**-**||**-**||**-**||**-**|
||||**-**||**-**||**-**||**-**||**-**|
||||**-**||**-**||**-**||**-**||**-**|
||||**-**||**-**||**-**||**-**||**-**|
||||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**_(Gross income_
_for AR)_|_(Gross income_
_for AR)_|**-**|**-**||**-**||**-**||**277,908**||**147,663**|
|**A2 Asset and investment**
**sales, (see table).**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total receipts_ -**
**-**
**- 277,908**
**147,663**
~~——————~~
~~|~~
~~|~~
~~| |~~||||||||||||
|**A3 Payments**||||||||||||
|Management of the||||||||||||
|Collection|||**-**||**-**||**-**||**16,855**||**14,946**|
||||**-**||**-**||**-**||**-**||**-**|
|Support foryoung artists|||**-**||**-**||**-**||**19,441**||**34,965**|
||||**-**||**-**||**-**||**-**||**-**|
|Administration|||**-**||**-**||**-**||**490**||**263**|
||||**-**||**-**||**-**||**-**||**-**|
||||**-**||**-**||**-**||**-**||**-**|
||||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_ **||**-**|**-**||**-**||**-**||**36,786**||**50,174**|
**A4 Asset and investment purchases, (see table) - - - -** _**Sub total**_ **246,746 101,572** ~~st SS SS~~ _**Total payments**_ **- 283,532 151,746** ~~a |~~ _**Net of receipts/(payments)**_ CCXX R1 accounts (SS) ~~|~~ **-** 1 ~~|~~ **- - 5** | ~~|~~ **,624 4** 4/27/2025 **,283**
|**A5 Transfers between fun**
**A6 Cash funds last year en**
**_Cash funds this year end_**|**d-**|
|**- **|
|**-**||||**-**|
|---|---|---|---|---|---|---|---|---|---|
||**-**||**-**||**-**||**33,876**||**38,149**|
||**-**||**-**||
**-**||**28,252**||**33,876**|
CCXX R2 accounts (SS)
4/27/2025
2
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|La Caixa(Spain)
Natwest Current
Natwest Savings
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|La Caixa(Spain)
Natwest Current
Natwest Savings
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**to nearest £**
**16,229**
**1,010**
**11,013**
**28,252**
Agreement Error
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**|**Unrestricted**
**funds**
**to nearest £**
**16,229**
**1,010**
**11,013**
**28,252**
Agreement Error
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|---|---|---|---|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||OK|
||||||||**Endowment**
**funds**
**to nearest £**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**Current value**
**(optional)**|
||UK Quoted Equities||**Endowment**||**685,620**||**654,573**|
||||||**-**||**-**|
||UK Investment Fund||Endowment||**479,408**||**508,294**|
||||||**-**||**-**|
||Spanish Investment Fund||Endowment||**571,056**||**629,340**|
||**Details**||**Fund to which**
**asset belongs**||**Cost (optional)**||**Current value**
**(optional)**|
||Building||Endowment||**1,602,869**||**-**|
||||||**-**||**-**|
||The Collection||Endowment||**236,419**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||**Details**||**Fund to which**
**liability relates**||**Amount due**
**(optional)**||**When due**
**(optional)**|
||||||**-**|||
||||||**-**|||
||||||**-**|||
||||||**-**|||
||||||**-**|||
||Signature
~~**R G Reynolds**~~||Print Name
Richard Gurdon Reynolds|||||
||||||||Date of
approval|
||~~**R G Reynolds**~~||Richard Gurdon Reynolds||||5/31/2025|
|||||||||
CCXX R3 accounts (SS)
4/27/2025
3
**Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name **members of** The Reynolds Foundation **On accounts for the year ended**[31/3/2025 ] **Set out on pages** 1
**Charity no (if any)**[1091512 ] (remember to include the page numbers of additional sheets)
- I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/03/2023**
**Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed 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 (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
## **Signed:** _Clare Brown_
**Date:** 12/06/25
> **Name:** Clare A Brown ~~Pe~~
> **Relevant professional** FCCA **qualification(s) or body (if any):**
> **Address:** 66B Smith Street
## Warwick
CV34 4HU
**Section B Disclosure** ~~ee~~
1
**October 2018**
**IER**