## **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 ge Girls Mind Too hoice kinson's Trust Foundation Limited age Swifts omen's Centre rry Trust ity rby vice Service ts & Maeshafn CC house rica mise oject nity Services Charity ioir Project Ice # **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)** - **Set out on pages** 3 - 4 ~~Ps~~ (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 31/03/2025. - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation of **basis of report** 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** I have completed my examination. I confirm that no material matters have **statement** come to my attention 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. **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