Clwity rwtrakn rAThb8r. 11026TT The Christie Archive Trust AnwwJal Rewrt NnatK¢al Statements forth8 Year EThJ8d 31 Aug1 2tr25 WESTCOTTS ACCQUMTAMr IU51NÉSS AtsviS¢S
The Christie Ar¢hive Tntst Contents Icontlnugd) Rele AdmknLstrabve Delals 2to3 Exarninerfs RerK*1 Statement offinala1 AcMe8 Notes to the Finarwl Statemerts 7t012
The Christie ArGhive Tn* Reference and Mmlnlstratlve Detalls Tru•t• Jamos Prithard John MaUo%Ydn NvJg1 James Wc418n Chafity R•9lstratlon NumbBr 1102677 Principal Offi¢• At Hthrside 67 Terra T¢xquay TQI 1DP Ind•p•rt Ex•mlnar Ihlest(otts ISWI LLP 47 8(MrttM)rt SIT8et 11SQ P•3e 1
The Christie Archivè Trusl Truslees. Report The tnjstees pre58nt thg ann ith the financaa statements ofthe Chanty for the >ar end 31 August 2025. ObJ•¢tivM •cti¥ities ObJ¢¢ts •nd•lms The main wrwk8e of the Charity to prolect F¥pserve Ihe aTthTr18s of Agatha ChrisI8 ar the literary herltage assoaated wilh the same Irm Ihe educat atyj bwfft of lh8 Publ aThJ th8 nknn. Publie b•n•fft In pLanning for th8 Far. th8 Truste8s k•pt kn nwnd thg Chanty Conwnission guidan¢ on wblic benefit The trus188s confirm that ty have DJryk8d the rntS of sKtN)n 17 of the Charits¢s Act 2011 to have due regard tr benefft by the Chanty Cunrni55ion for ENJland and Wales. Flnon¢lal re¥ During the lear tharity ITh1¢ lot4ing £25.589121r24: £8.3981. Expendth totsw £22,62612024.. £22.1211. As at 31 August 2025 unresthct•J r8serves at £91.167 12024: £88.2041. Polky r•sor The Trustees meet regulaty (xThK18r the level of reseNe8 n8Jad to cover antiapated lulure ewditure. Th8y conshy that the rrent K8vel oftysep¥es is adewat•. Going concgm After maknng appyopriate ewuirie&, the TNstees ha¥e a reascm8tA8 expectstion that the Charity ha5 adequate re50urc8S to conbr# in operationd 8Sten for the foreseeab ftlttJ. For ttw5 toason, they cx)ntsnu8 to ai)pt Ihè g(rfr Conc bèsi8 in wEpari lh8 finarKial statements. Further detaiL8 arding th8 adoplx)n of Ihe wirKJ oyKern baS can be fwThY in th8 x¥)untiNJ Wri8S. Nature ofgov8ming do¢um¢ftt The Christi8 Tru51 ffj govemed by a Trust Lkny dated 1 DentsT 2W3 a5 amended by supplemental Deed datsd 22 FetKuary 2(KJ4. 11 15 registered wrilh th? Chwity cMiSsion (number 11026771. Th8 manag81Trt of the Charity the reswMs*AIIty of the TTU5tees wh) are 81ectwJ wpted und8r the terrns of the Tnjst deed.
Thè Chrfstle Archlve Trust TTustsg5' Report (contlnued) Statement of Trustees. R8sponslbi1011•s The trustees arè reSFK)nS8 for preparing ts tnÈ5t88s' repMMI arKJ ts fiTrari statements ts) ac¢cdance with th8 Uniied ngdorn Accwnting Stwthrd8 {United Kiwkni G8nerally ALYXPted Accounting Pra6ce) and law and regth"On$. The law applicable to charities requires th8 SleeS trJ prep3rp financsal ststements for financial year which give 8 tnje and far of the state of affairs of Ih8 tharrty aTha of th8 inwming resourcts and ap1¢aOn of resour dth8 drIty for Ihat pwl. In wepariry these finanrja statements, the trustees are required to." SeCt $uitaA8 accountirvJ arK1 kn apr Ih8m conststw)ty. obs8rv8 tha motfwjls and wirKaples in lh8 Chaiils s(.. makejudgefflenls and e5tirnates Ij are reasonab and wudiL state wh8th8r a[P(thb a¢(ntry standard5 hwe been fdlow8d. 5ubi&ct to any matsrial departures di8dosed exrAained in the fina[ stat." and ppare the financial ststernents the wr¥J Cern bssi5 unkss it i8 inapprowale to PSLne that lh& tharity 11 1XtinU8 in Lw155. Th8 Iruste85 a restw)nsible for keeFary woper (gr8 that dis()se with reasonae sccuracy at any line Ihe financiJ of the dwnty and enatAe Ihem to ensure trat the fin8nual staternents cornpty the Charities Act 2011. Ihe chare$ (Accounts aryj ReFX)rtsl Rew18n$ 2(M)8, and th8 prowsths ol the c0nstibjtK. Th8 trustees a respble for safeguarding th8 assets of the charity and hence ts lakiThJ rea50nabl8 St$ for pY8vention and deteG*cffi of fraud oth8r iff8gulariti8& The trusiees are responsible for the manienarKe arKI integnty of th8 (XTV)rate and thn8nual infOatrIn included on the tharitable companls bsite. LegLsktion gwemirwJ the pparatIOn arKI di8seminats)n Offinaal statements may differfrom in 0therjurisdKtsr. 29 Jun 2026 The annual rep)rt ¥8 8rvov8d ty Ihe irustees d Ihe rlwity on ................ behaff ty. and s¥J on rfs
The Christie Archive Twst Independent ExamineVs R•port to the trustees of The Chrlstle Archive Trust I report to the trnslees on my axamimkn the nts of Chnsb8 Trust for 5wr endtyj 31 August 2025. Respon5rbilities and bo$1$ of r•wt As thg charity trnstee5 of Thè Christhe Arthi¥e Trust Jyxb we respwbb8 for prEparal¥y) cl lh8 acAxJunts in arAKdare I1h the re4uirements rrfthe Chwrbes Pd 3)111ts A£t'l. I r8POrt in reS¢t of my 8xamination of the Tl Chrtstie Arthive Tru5f$ &nts CA led oul under seci¥)n 145 of th¥ 2011 Aca and in G8rrwng tyjt my examination I h8¥8 fc4k)d all the arplicab Diredions gwen by the Charity Comrr&s)n ur¥J8r section 145(5Xbl of the Act. Indopend•nt ststeThTht I have o)mpleted my exarniTration. l 0fim7 Ihal material mallers have come to rny attenuon In conne¢b"on with th8 examinab.on givirvJ me cause io b¥e thal in any matthia r8spert 1. 8cwJnting r•¢0$ we not kept in resW otThe CM"sb"e AJthNe Tn a5 required by sect 130 of the Act.. or 3. the atnts th) not wth lh8 Jnti) reqrements corK8miw¥J ts Icrn and contsnt of accounts Set out in the chleS (Acts[ ar#J Rw)rtsl Regulati5 2(X)8 other than any r8quirem8vt that Ihtr acx)xJntS gNe a Irue aThl lar Trat a matter cOrnser8d 8s part of an indyryjent examlnabon. I have no COnM$ have com8 acrD55 Th) other matters n conn8CtiM %Wth the eXanatn to vthith attention shoukl be drawn n Ihi5 rgport oler to 8naL48 a PTW der$TraIng of Ihe accounts to be rehe. Calhefflne Wlliam5 FCA DCI Independent Examiner Westcots ISWI LLP 47 8outpNI Street Barnstr& EX31 1SQ
The Christie Archive Trust Statement of Flnancial Actlvlties for the Year Ended 31 August 2025 Tolal 2025 Total 2024 Income and Endovmrts from: Chanlable activty8S Investm& inco 25.222 367 25,222 Totsl irKt))e 25.589 25.589 8.398 Expendlture on-. Charitable acovrf 122.6261 rL.626 122.1211 Total 8xpenditu 22.626 22.626 22.121 N8t IncCrfr(exPerM1itUreI 13.7231 N8t movern8nt in fuTrts 113.7231 R•Gon¢lr*llon olfvnds Total f1$ br1 foThvard 101.927 Totsl fonv8rd 13 91.167 91,167 88.204 The fu15 brEaklM for 2024 i8 in 13. The notes paw 7 to 12 fom) an integral F49rt of Ih85e finarvid stat1$. Page 5
The Chrlstle Archiv8 Twst (Regi$tratlon number: 1102677) Balance Sheol as at 31 August 2025 25 Curr•nt assets Debtors Cash at bank and in 10 11 2.511 91.372 92 95,263 95.355 93,883 .716 Crpditorn: Pmounts falling duo withln on• y 12 7.151 91,167 88.204 Funds ofthe charity: Unr•strl¢led Incorne fid% Unrestrictwj lunds 91,167 Total fvndg 13 91.167 88,204 . I slatentS on page5 5 to 12 aFVD¥•J by In*. aThl lor issue on .. and signed on their behalf by. The notes Gffi 7 to 12 kn an intèJa wt lhoSe finanrad statn
Thè Chrlstle Archive Trust Notes to the Financial Statemènts for the Year Ended 31 August 2025 1 zcounting poll¢l¢s stat•mont of comphanc• The finanlyal 5tstements have In prEparEd acrdanCe wilh the sermj £dition of the Charrties Statement ol Rerommend8d Pce iwed in Orknber 2019. the Financial Rawlmg Stsndaryj applicab tha United Kirydrmn and Rewthic of I9nd IFRS 12} arK1 the Ch8ribe5 Act 2011. Basls of preparatlon The ChristiÈ Archive Trust meets definitN)n of a pubSc benefii tity uTYJer FRS 102. The accounts lfinanoal statements) have been weparwJ under th8 historical (Jjst conven1w) with IrnS recogni5ed at cost or transa(thon value unless otlwii8e staled in the rekvant rntelsl to these at(unts. The fin8nL¥al ststwnents are wepar8d in sterfing lh8 funCnal ujrrerry of tho charity. Going ¢on¢em The trnsl88s con5idw that there are material unctntieS aLwyJt the ch3fiWs abilty to o)ntinu8 as going conc8rn. Incorne and •ndowm•nts In¥•$thignt Incorno DiendS are rwnised ce th8 divthThJ ha5 been deded n0lihxbr has been recwved of the divklend du8. Chatlt&ble actlwlll•s l incorne is recognised (mr Chathy has enbdement to il vs that the incorn• 11 b8 and the anUnt of irm rece can be measured relW. Expenditurn AJI exp8nditure is rec(jnL Or th8r8 is a or ¢Structive (Jlytion lo Ihal expenditur8, it 15 probable 58tUetn8nt 15 required the arnourrt (an be measJJTEd rdiatAy. costs are aNrKated to the apF4icatrAe 8xper¥Jiiure headiro that agjregate similar o)sts to that category. WhEre wsts ¢Annot be direcuy attnbuied to partular headings they have been allcKated a ba&s CDnSiStent with the use of resourc85, Wth central staff cosis alkx3ted on the bas¢5 of time spent, ar¥J depreciation d)ar9Ès alted lh8 FwJb"on the asset's use. Other sw?[ LY>sts a alkxJ based on th8 5Ptead of Stsff costs. Charttable activilles CharitatAe expènditure compris85 those costs irurred by the d)arity in the delNery of its 8Ctivities and 58MC8s for its b8nefiuari8s. It indu¢J•s o)sts that can be allorat8d dir8dy to such acbmtles and those costs of aa iTrJe¢t nature n8rAssary to suprAyt them. Support Costs Support ¢osts iude central lunLton$ have been allLxAknY io a(XMty cost LgCleS on a ba$1$ consistent the use of re50WC8s. fDr example. (y)sts by Iljy areas, or capit8, 5tsff costs by the tim8 Spent and otter (x)sts by tr1r usagp.
The Christie Arthive Trust Notes to the Financlal Statements for the Year End•d 31 August 2025 (continued) Taxatlon The chanty i8 considered to Pas5 the tests set out in Paragraph 1 6 of the FinaKe Art 2010 and therefo it meets th8 definit of a tharitatrAe ffipanY for UK rxlrrKrdti( lax purposes. Accordingly. Ihe charity is poient'aly exempt Irom taxation in respect of in¢orne or capital gains receNed within categories covered by Chapter 3 Part 11 of the CorrAKth"on Tax Act 2D10 w S8Ction 256 of Ihe TaxatH)n of Chargeable Gains Act 1932. to the exteni Ihat swh income or gains are applied 8x51¥1Y to ¢thwilable purposes. cash and cash equbvalonts Cash and cash equw8nts cornprise Lzsh on rAH deposits. and other short-temi highly liquid investsments that are relity coywewith lo a kTh)wn amount of osh and suLieLI to an InSn¢8rrt risk of value. Fund $tructure Unrestricted incomè ndS are 98ra[ fvrvjs that are avble for use at Iwstees dIs(xen in further of the ¢J"ecbves of the tharity. Financlal Instrurnents Cla$sfflc81ion Financial assets arKI f•)anoal liatr"lth"es ar8 r8Lryni5eil the tharity bM&S a party to 1he ¢ontractual prowsv)ns of the instrurnenL Finanaal liaknltbes afid equty instruments are da5sthed lo th8 sub5tanc6 of the (traC[ual arrangements entered into. An Ulty 1nstnJrnt 15 any ts)nlract that 8¥WJen a reslUa1 interest in the as5els of the thartty after deduthng all of its labiloies. Recognilion andMsr•mrtt l financial assets and liabilib8s are allY mfrasured at transacbm price linduding tran5a¢tion costs). except fo¢ those finarKaa as58ts dassified as at la vahje Ihrwgh profft or 105s, whith a inalty measjred at fair value IwhK nonalty tranwtion wice exduding transaction costs). nles5 ts arrangwent con$bttJtes a fmanang transaction. If an arrang8ment ¢L$tU8 a finanang transaction, th8 finanoal asset or financhgl fkgbilty 15 MtraSU at Ihe present value of fiJtur8 payThents dCOUnted at a market rats of intefest fora similar debt wthrrEnt. Financial assets and liats'litTr85 we trY offsei in Ihe 5taternent of finwKaal when. and only when there exists a begaly enforceable nghl to set off the reCognd amounts and th8 charity interts either b) setue C a net basis. rm to realise the asset and s&tlle th8 liaNty sinwttaneously. Financial assets are dereo)gnised kn arnl only al the trjaI fghts to Ihe cash ffowE from the finanoal asset expwe or are setmed. bl the charTty transfers to another party substsnti811y all of the risks and reward5 of owneTthp of the financaal asset. or ¢1 the ctharity. d85Pite haviTrg tain some. but not 4. fficant risks aryj of ry*nwsh'p. ha5 transferred wntrrA of Ihe asset another party. FanCIal are dorecrynised onty en lgabon speufi8d in the witract is discharged, cance18d or expir85. Pag8 8
The Christie Axchive Trusl Notes to the Financial Ststsments for the Year Ended 31 August 2025 (continued) Unrestrl*d fvnds Total 2025 RoyaeS 25,222 25.222 nds Total 2024 Roya 8,398 8.398 3 Inv•stment Incorno fvnds General Total 2025 Other Inte$t receNabl8 367 367 fund$ Total 2025 Charitable activitses 17.739 4,887 17,739 4.887 22,626 funds Goneral Totsl 2024 Charitat4e acfj.vit k)cated suppNI tX¥S 15.438 6,683 15,438 6.683 22,121 22.121
The Chrlstle Archlve Trusl NotOS to th8 Financlal Statsments for tho Year Ended 31 August 2025 (continued) 5 Anatysls of support eosts Total 2025 Total 2024 Bank charges Accountancy fees Legal and professp1 feés 12251 1.170 3,942 4.887 225 4.390 6,683 6 Trust••s r¢rnun¢ratlon and oxp•nses drir the year. No trust have ¢Ved wy r*mbJr5ed exFenses from th8 thathy ¢kniry Ihe y88r. 7 Slaff costs Ouriry th8 r, chlty inryed payroll costs of £Nil I224.. £NII. M) empkw r8cervEd erncAurn8nts ol than ££.0[KI during lh8 J 8 Independent exarnknBrfs wemuneratlon 2025 Ex8minalion olthe tknanual Statem 1.170 4,390 Page 10
Thg Chrlstle Archlve Trust Notes to tho Flnanclal Statemonts for the Year Ended 31 gUSt 2025 (continued) 9 Taxatlon 10 D•btorg 2025 2024 Trdde d8btLK5 2.511 92 11 Cash and cash ¢qul¥alents 2025 2024 Cash at b8nk 91.372 95.263 12 Creditors: amounts falllng due wilhin on• y 2025 2024 AcLYuals 2.716 7.151 13 Fund• Balan¢6 at 1 September In¢omlng R•sour¢•$ 8alanGe at 31 August 2025 Unrestrict fvnds Gen8ft1 ngfal Fund8 25,589 122,626 91,167 at 1 Balan¢+ at 31 August InGomlnq G8n•rnl GTal 101. 122.121 88204 Page 11
The Christie Archive Trust
Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)
14 Analysis of net assets between funds
| 14 Analysis of net assets between funds | |||
|---|---|---|---|
| Unrestricted | Total funds | ||
| funds | at 31 August | ||
| General | 2025 | ||
| £ | £ | ||
| Current assets | 93,883 | 93,883 | |
| Current liabilities | (2,716) | (2,716) | |
| Total net assets | 91,167 | 91,167 | |
| Unrestricted | Total funds | ||
| funds | at 31 August | ||
| General | 2024 | ||
| £ | £ | ||
| Current assets | 95,355 | 95,355 | |
| Current liabilities | (7,151) | (7,151) | |
| Total net assets | 88,204 | 88,204 |
15 Related party transactions
During the year the charity was paid costs totalling £3,942 (2024: £2,068) to Wollens, a firm of solicitors in which Nigel Wollen is a consultant.
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