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← The Ten-Percent Foundation

2025-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2024 to 31[st] March 2025

Charity name: The Ten-Percent Foundation

Charity registration number: 1095812

Objectives and Activities

SORP reference
Summary of the purposes
of the charity as set out in
its governing document		 Para 1.17 General Charitable Purposes
Education/training
The Prevention Or Relief Of Poverty
Overseas Aid/famine Relief
Amateur Sport
Environment/conservation/heritage
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Who the charity helps:
The General Public
How the charity helps:
Makes Grants To Organisations
Where the charity operates:
Throughout England And Wales
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees have had regard to the
guidance issued by the Charity
Commission on public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment

Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 Since 2003 we have been responsible
for donations to charities in the UK and
Africa. We receive annual donations
from companies within the Ten Percent
Group of websites, including Ten
Percent Legal Recruitment, Jonathan
Fagan Business Brokers Limited and TP
Transcription Limited and we distribute
these to charities and sports
organisations in accordance with our
donation criteria.
We support projects primarily in the UK
and Africa that have an identifiable end
to them, usually at a low value. We are
keen to support local sporting clubs and
activities, charities working with young
people or in deprived areas and projects
encouraging self-sufficiency in the third
world. We also actively aim to support
charities with links to the legal
profession.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41

Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity is in a very solid place going
forwards.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 We only hold reserves from year to year
if we have not identified charities to
donate to.
Amount of reserves held Para 1.22 As at 31st March 2025 we held £59,930 in
our bank account
Reasons for holding zero
reserves		 Para 1.22 n/a
Details of fund materially in
deficit		 Para 1.24 n/a
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 n/a

Additional information (optional)

You may choose to include further statements where relevant about:


The charity’s principal
sources of funds (including
any fundraising)
Para 1.47
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:		 Ten-Percent Foundation is a charitable
trust with three trustees.
Type of governing document
(trust deed, royal charter)		 Para 1.25 Trust deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Charitable trust.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Trustees are all volunteers and invited
to become trustees.

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures
adopted for the induction
and training of trustees
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name The Ten-Percent Foundation
Other name the charity uses The Ten Percent Foundation
Registered charity number 1095812
Charity’s principal address Ty Brith, Llandegla Road, Mold CH7 4QX

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee (ifany)
JeremyFagan
Jonathan Fagan
Anna Gresty

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity

Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Anna Gresty Anna Gresty Full name(s) Jonathan Fagan ~~ee~~ Position (eg Secretary, Trustee Trustee Chair, etc) ~~es~~ Date 07/01/2026 07/01/2026 ~~|~~

Ten Percent Charitable Trust Accounts 202

Income

220.00 Interest
21/12/2024 6,172.30 TEN PERCENT
3/1/2025 9,459.90 TP TRANSCRI
3/1/2025 225.00 TP TRANSLAT
29/1/2025 39.70 NICK BROMLE
31/3/2025 6,418.80 JONATHAN FA
31/3/2025 6,172.30 TEN PERCENT
28,708.00

Expenditure

15/4/2024 -0.40 CHG Charges
15/4/2024 -3,000.00 Donation Kirkby Heritag
15/5/2024 -0.10 CHG Charges
13/6/2024 -1,000.00 Donation KIM Inspire
24/7/2024 -500.00 Donation Boys in Mind,
24/7/2024 -500.00 Donation My Life My Ch
24/7/2024 -1,000.00 Donation The Cure Park
24/7/2024 -500.00 Donation Paul Sartori F
24/7/2024 -1,500.00 Donation Tiyeni
24/7/2024 -1,000.00 Donation Village by Villa
24/7/2024 -1,200.00 Donation High Weald S
24/7/2024 -500.00 Donation Hillingdon Wo
26/7/2024 -500.00 Donation Dianne Oxber
26/7/2024 -500.00 Donation Become Char
26/7/2024 -500.00 Donation Headway Der
26/7/2024 -500.00 Donation Prisoners' Adv
26/7/2024 -500.00 Donation Dipex
26/7/2024 -750.00 Donation Off the Street
26/7/2024 -4,000.00 Donation Mynydd Isa &
26/7/2024 -2,000.00 Donation The Wiv Hub
1/8/2024 -500.00 Donation Project Lighth
1/8/2024 -500.00 Donation Evergreen Afr
1/8/2024 -100.00 Donation Theatr Clwyd
1/8/2024 -500.00 Donation Victorias Prom
1/8/2024 -500.00 Donation Door 84
2/8/2024 -500.00 Donation West Area Pro
9/8/2024 -1,000.00 Donation Irish Commun
9/8/2024 -500.00 Donation MYTIME
15/8/2024 -1.60 CHG Charges
19/8/2024 -1,500.00 Donation Diversified
29/8/2024 -750.00 Donation EGA Hospital
16/9/2024 -1.00 CHG Charges
15/1/2025 -0.20 CHG Charges
17/2/2025 -0.60 CHG Charges
24/2/2025 -1,556.98 Donation The Prison Ch
17/3/2025 -0.10 CHG Charges
-27,860.98

Bank balan

Assets 31/03/205 59930

24-2025

T.CO.UK LIMITED CHARITY DONATION

IPTION LIMITED DONATION TIONS Donation

EY ACCOUNTANCY LIMITED Donation

AGAN BUSINESS BROKERS LIMITED CHARITY DONATION 00156522632BJBBWMP T.CO.UK LIMITED CHARITY DONATION

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Independent examiner's report on the accounts

~~PO~~ Section A Independent Examiner’s Report Report to the trustees/ Charity Name members of The Ten-Percent Foundation On accounts for the year 31/03/2025 Charity no 1095812 ended (if any)

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.

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.

Signed: Date: 23/12/2025 Name: Nicholas Bromley FCCA on behalf of Nick Bromley Accountancy Limited ~~———————~~ Relevant professional ACCA (1776257) qualification(s) or body (if any): Address: 34-35 Butcher Row, Shrewsbury, Shropshire, SY1 1UW

Section B Disclosure

1

October 2018

IER

Give here brief details of any items that the examiner wishes to disclose .

2

October 2018

IER

The Ten-Percent Foundation

No: 1095812

Receipts and payments accounts CC16a For the period Period start date Period end date To e from e ee 01/04/2024 e 31/3/2025 ~~a~~ Section A Receipts and payments

Unrestricted
funds		 Restricted funds Endowment
funds		 Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Bank interest 220 - - 220 184
Donation TP Transcription Limited 9,460 - - 9,460 11,032
Donation
Limited
Ten-Percent.co.uk		 12,344 - - 12,344 8,351
Donation Jonathan Fagan Business Brokers 6,419 - - 6,419 10,907
Donation TP Translations Limited 225 - - 225 -
Donation Nick Bromley Accountancy Limited 40 - - 40 -
- - - - -
- - - - -
Sub total
(Gross income for AR)		 28,708 - - 28,708 30,474
28,708
-
-
30,474
A2 Asset and investment sales,
(see table).
-
-
-
-
-
-
-
-
-
-
-
-
-
-
28,708
Sub total
Total receipts
~~=~~
A3 Payments
Bank charges 4 - - 4 2
Donations made 27,857 - - 27,857 11,600
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 27,861 - - 27,861 11,602
27,861
-
-
11,602
A4 Asset and investment
purchases, (see table)
-
-
-
-
-
-
-
-
-
-
-
-
27,861
Sub total
Total payments
~~==——~~
A6 Cash funds last year end
A5 Transfers between funds
Net of receipts/(payments)
Cash funds this year end		 847
-
-
847
18,872
-
-
-
-
59,083
-
-
59,083
40,211
59,930
-
-
59,930
59,083
-
~~—=—S=S===~~

Section B Statement of assets and liabilities at the end of the period ~~ee~~

CCXX R accounts (SS)

23/12/2025

3

Categories
B1 Cash funds		 Details Details Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Restricted funds
to nearest £		 Endowment
funds
to nearest £
Bank account 59,930 - -
- - -
- - -
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
Signed by one or two trustees on behalf
of all the trustees		 Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Details
Signature		 59,930 - -
OK
Unrestricted
funds
Restricted funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name		 Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of approval

CCXX R accounts (SS)

23/12/2025

4