REGISTERED CHARITY NUMBER: 1096412
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
FOR
THE SIR CLIFF RICHARD CHARITABLE TRUST
The McWhirter Partnership Limited Chartered Accountants 336 Molesey Road Hersham Walton on Thames Surrey KT12 3PD
THE SIR CLIFF RICHARD CHARITABLE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS — | FOR THE YEAR ENDED 30 APRIL 2025
| Page | |||
|---|---|---|---|
| ReportoftheTrustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| DetailedStatementofFinancialActivities | 10 |
THE SIR CLIFF RICHARD CHARITABLE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2025
The trustees present their report with the financial staternents of[the][charity][for][ the][year][ ended][30][April][2025.][ The][trustees] have adopted the provisions of 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 treland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trust is established for such charitable purposes as the trustees shall determine from time to time.
Significant activities
The trustees made charitable donations totalling £151,000 during the year. (2024 - £126,000).
Public benefit
The trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public benefit ‘Charities and Public Benefit’.
FINANCIAL REVIEW
Investment policy and objectives The trustees have absolute and unrestricted discretion over the investment of[trust][assets.]
Reserves policy
The trustees have reviewed the trust's needs for reserves in line with the Operational Guidance No 43 (Charity Income Reserves) issued by the Charity Commission.
A majority of the donations made by the trust are in response to direct requests and applications made to the trustees. Requests for grants and donations are assessed regularly by the trustees who use their discretionary powers in order to determine to whom and in what amounts those donations are to be made.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Trust was founded by deed of trust, dated 11th February 2003 (as amended by Deed of Amendment dated 8th May 2024), by Sir Cliff Richard. It is a registered charity - number 1096412.
Recruitment and appointment of new trustees The trustees during the year were:
Sir Cliff Richard M.C. Smith DT Franks Ms T DA Normand
The initial trustees were appointed by the settlor. Future trustees may be appointed by a resolution of[the][trustees.] REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1096412
Principal address PO Box 423 Leatherhead Surrey KT22 2HJ
Trustees MC Smith Sir C Richard Ms TD A Normand DT Franks
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THE SIK Cl IFF RICHARD CHARITABLE TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Paul R McWhirter FCA The McWhirler Partnership Limited Chartered Accountants 336 Molesey Road Hersham Walton on Thames Surrey KT12 3PD Approved by i spe oftrustees on 20 February 2026 and signed on its behalf dy: Se fess O | Franks -Feussle
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SIR CLIFF RICHARD CHARITABLE TRUST
Independent examiner's report to the trustees of The Sir Cliff Richard Charitable Trust
| report to the charity trustees on my examination of the accounts of The Sir Cliff Richard Charitable Trust (the Trust) for the year ended 30 April 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
| have completed my examination. | 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:
- accounting records were not kept in respect of the Trust 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 ofan independent examination.
| 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.
ME
Paul R McWhirter FCA The Institute of Chartered Accountants in England and Wales
The McWhirter Partnership Limited Chartered Accountants 336 Molesey Road Hersham Walton on Thames Surrey KT12 3PD
20 February 2026
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THE SIR CLIFF RICHARD CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 19,217 | 450,296 | |
| Investment income | 2 | 8,544 | 4,240 |
| Total | 27,761 | 454,536 | |
| EXPENDITUREON | |||
| Charitable activities | |||
| Donations | 151,000 | 126,000 | |
| Other | 1,200 | 1,394 | |
| Total | 152,200 | 127,394 | |
| NET INCOME/(EXPENDITURE) | (124,439) | 327,142 | |
| RECONCILIATION OF FUNDS | |||
| Total funds broughtforward | 701,070 | 373,928 | |
| TOTALFUNDSCARRIEDFORWARD | 576,631 | 701,070 |
The notes form part of these financial statements
Page 4
THE SIR CLIFF RICHARD CHARITABLE TRUST
BALANCE SHEET 30 APRIL 2025
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||||||
|---|---|---|---|---|
|2025|2024|
|Unrestricted|Total|
|Notes|fund|funds|
|CURRENT|ASSETS|£|£|
|Cash|at bank|547,705|702,096|
|CREDITORS|
|Amounts falling cue within one year|6|(1,074)|(1,026)|
|NET|CURRENT|ASSETS|576631|701,070|
|TOTAL ASSETS|LESS|CURRFNT LIABILMES|576,631|701,070|
|NET ASSEIS|576,631|701,070|
|FUNDS|7|
|Unrestricted junds|576,631|701,070|
|TOTAL FUNDS|576,631|701,070|
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The financial statements were approved by the Board of Trustees and authorised for issue cn 20 Februa ry 2026 and were
sig nits behalfby:
ff /
DT Franks - Twstee
aetea
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T DA Normand - Trustee
THE SIR CLIFF RICHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
- ACCOUNTING POLICIES
Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as scon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Direct charitable expenditure comprises donations, included on the accruals basis, made in furtherance of the charitable objects of the charity.
The Trust pays for examination fees, bank charges and minor sundry expenses. No other management and administration costs are incurred by the charity. The charity received free services from Balladeer Limited and these amounts are not considered material.
irrecoverable VAT is treated as part of the expense to which it relates and is not separately analysed.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
INVESTMENT INCOME
Interest received on UK bank accounts
| 2025 | 2024 |
|---|---|
| £ | £ |
| 8,544 | 4,240 |
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continued...
THE SIR CLIFF RICHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025
3. GRANTS PAYABLE
| GRANTS PAYABLE | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Donations | 151,000 | 126,000 |
| Thefollowing charitable donations were made in the year: | 2025 | 2024 |
| f£ | £ | |
| Mildmay Mission Hospital | 5,000 | 2 |
| Arts Centre Group | - | 4,000 |
| Children's AirAmbulance | - | 4,000 |
| Nara the Breathing Charity | - | 4,000 |
| Sundry donations of£3,000 or less each | 146,000 | 114,000 |
| 151,000 | 126,000 |
4. TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.
- COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| COMPARATIVES FOR THE STATEMENT OFFOR THE STATEMENT OFOF FINANCIAL ACTIVITIES | |
|---|---|
| Unrestricted | |
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 450,296 |
| Investment income | 4,240 |
| Total | 454,536 |
| EXPENDITURE ON | |
| Charitable activities | |
| Donations | 126,000 |
| Other | 1,394 |
| Total | 127,394 |
| NET INCOME | 327,142 |
| RECONCILIATION OF FUNDS | |
| Total funds broughtforward | 373,928 |
| TOTALFUNDSCARRIEDFORWARD | 701,070 |
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THE SIR CLIFF RICHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Other creditors | 1,074 | 1,026 | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.5.24 | in funds | 30.4.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 701,070 | (124,439) | 576,631 | |
| TOTAL FUNDS | 701,070 | (124,439) | 576,631 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 27,761 | (152,200) | (124,439) | |
| TOTALFUNDS | 27,761 | (152,200) | (124,439) | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.5.23 | in funds | 30.4.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 373,928 | 327,142 | 701,070 | |
| TOTALFUNDS | 373,928 | 327,142 | 701,070 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 454,536 | (127,394) | 327,142 |
| TOTALFUNDS | 454,536 | (127,394) | 327,142 |
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THE SIR CLIFF RICHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025
- MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.5.23 | in funds | 30.4.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 373,928 | 202,703 | 576,631 |
| TOTAL FUNDS | 373,928 | 202,703 | 576,631 |
| A ccurrent year 12 months and prior year 12 months combined net movement in funds, included in the above are | |||
| asfollows: |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | infunds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 482,297 | (279,594) | 202,703 |
| TOTALFUNDS | 482,297 | (279,594) | 202,703 |
- RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2025.
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