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← Cambridgeshire Community Foundation

2025-03-31-accounts

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Contents

Reference and administrative details of the company, its Trustees and advisers ............. 2 Trustees’ report ...................................................................................................................................4 Independent auditor’s report ........................................................................................................ 23 Financial statements ....................................................................................................................... 27 Statement of financial activites ....................................................................................................28 Balance sheet .................................................................................................................................... 29 Cash flow statement ....................................................................................................................... 30 Notes to the financial statements................................................................................................. 31

Cambridgeshire Community Foundation pg. 1

Reference and administrative details of the company, its Trustees and advisers for the year ended 31 March 2025

Trustees

S J Catling (Chair) C Stenner (term ended 23 October 2024) S Thompson (term ended 23 October 2024) J Slota-Newson (term ended 23 October 2024) G Thomas (term ended 23 October 2024) P Lewis E Damazer A B Griffiths S Garnham J Jelley A Wolejko S Sperryn J Datta (resigned 20 August 2024) K M’Marete C Manktelow J Crompton (appointed 23 October 2024) A Schaafsma (appointed 23 October 2024) N George (co-opted 12 November 2024) R Foreman (co-opted 11 November 2024) V Stubbs (co-opted 9 December 2024)

Company registered number 04998990 Charity registered number 1103314 Registered office Hangar One, The Airport Newmarket Road Cambridge CB5 8TG Chief Executive Officer Michael O’Toole Independent auditors Price Bailey LLP Tennyson House Cambridge Business Park Cambridge CB4 0WZ

Cambridgeshire Community Foundation pg. 2

Bankers Lloyds Bank Gonville Place Cambridge CB2 1BQ Unity Trust Bank Nine Brindley Place Birmingham B1 2HB Investment managers Rathbones Investment Management Limited City House 126-130 Hills Road Cambridge CB2 1RE CCLA Investment Management Limited One Angel Lane London EC4R 3AB

Cambridgeshire Community Foundation pg. 3

Trustees’ report

Cambridgeshire Community Foundation pg. 4

Chair’s statement

We have great pleasure in presenting the Cambridgeshire Community Foundation Trustees’ Annual Report and Financial Statements for the year ended 31 March 2025. This report, complemented by our Annual Impact Review, highlights our key activities, achievements, and financial performance.

It is a privilege to be Chair of Trustees of Cambridgeshire Community Foundation (“The Foundation”), the charity for a better Cambridgeshire. We work to increase the understanding of local needs and to raise funds to support charitable projects tackling issues in our local community. The projects we support contribute to a better quality of life across the county, including reducing disadvantage and inequalities.

2024-2025 was a milestone year for the Foundation as we celebrated our 20th anniversary. It was a huge privilege to celebrate this by bringing together so many of our donors with past and present volunteers, staff and Trustees in a lovely event at the Fitzwilliam Museum in June. But most importantly we were delighted that so many of the incredible groups that we support through our grants were able to take part in this event along with a stunning carol concert at Peterborough Cathedral in December. We also took this milestone as an opportunity to reflect on impact over twenty years, and I highly recommend looking at our 20-year Impact Report, which we published in June. This year also saw the publication of our important research report – Vital Signs 2024, which reports on key social themes, including local economy and employment, health and wellbeing, housing and homelessness, and more. The report compares different districts in Cambridgeshire, to reflect the wide-ranging issues across our county, and it looks at how the county compares with the UK more widely. I am grateful to all our generous corporate partners who supported these events and publications.

This was the 3rd and final year of our 2022-25 Strategic Plan. I am delighted to report that we have achieved most of our strategic aims and most importantly, our grant-making for the 3-year period surpassed our target of £10,000,000.

In 2024-25 we achieved grant-making of £3,655,948 (2023-24: £4,610,812) compared to a target of £3m. It is only thanks to the incredible generosity of our donors, that we can achieve this. The impact these grants achieve is what drives us to continue to grow the Foundation and ensure that philanthropy in Cambridgeshire has maximum positive impact.

Please join us in tackling the biggest challenges our communities face. Finally, I want to thank our dedicated staff, volunteers and donors who working together make Cambridgeshire a better county

Stephen Catling, Chair

Cambridgeshire Community Foundation pg. 5

CEO’s introduction

2024-2025 marked a milestone year for the Foundation as we celebrated our 20[th] anniversary and successfully completed our ambitious three-year strategy.

I am proud to report that we awarded grants totalling £3,655,948 this year. While this represents a modest decrease from 2023-24 (£4,610,812), it exceeded our planned targets and, crucially, enabled us to surpass our three-year goal of £10,000,000 in total grants awarded. Achieving this in our anniversary year makes the accomplishment particularly meaningful.

We also celebrated our anniversary with two report publications. We published a 20-year Impact Report which enabled us to reflect on how much our organisation has achieved in this time. We also published our Vital Signs 2024 report which provided vital insights into local needs which will influence our work going forward.

The year also saw several developments in funding opportunities for local causes. We launched the Investing in Community Health Fund in partnership with North West Anglia NHS Foundation Trust, strengthening our support for local health and wellbeing initiatives. We were also delighted to launch the Burwell & Reach Community Fund, our first community benefit fund to be set up as part of a solar farm development.

Our role as Local Charity Partner for the Cambridge Half Marathon also proved highly successful, raising over £40,000 while significantly raising the Foundation's profile.

Local charitable organisations represent some of this country's greatest assets, and they deserve proper, long-term support. We remain committed to providing exactly that.

None of this would be possible without our remarkable network of supporters and partners. Our work depends entirely on the generosity of these individuals and organisations who share our vision.

Special recognition goes to the organisations delivering positive change in our communities daily, never ceasing to inspire us with their dedication and ideas on how to address local needs and create a better future for us all.

Finally, thank you to our incredible team of staff, trustees, and volunteers who bring expertise, passion and countless hours of committed service to ensure we operate with excellence and integrity.

Together, we continue working towards our shared goal: a better quality of life for everyone across Cambridgeshire.

Michael O'Toole

Chief Executive Officer

Cambridgeshire Community Foundation pg. 6

Overview of report

The Trustees (who are also directors of the Foundation for the purposes of the Companies Act) present their Annual Report together with the audited financial statements of Cambridgeshire Community Foundation for the year ended 31 March 2025.

The Trustees confirm that the Annual Report and financial statements of the Foundation comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice “Accounting and Reporting by Charities (SORP 2019)” 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.

Cambridgeshire Community Foundation pg. 7

Objectives and activities

The Foundation’s objectives, as set out in the governing document, are to award grants to local charitable causes working in the community in the county of Cambridgeshire and its immediate neighbourhood. Individuals, families, local companies, and public bodies make this possible by supporting charitable funds held by the Foundation.

Cambridgeshire Community Foundation is the charity for a better Cambridgeshire, working to increase the understanding of local needs and to raise funds to support charitable projects tackling issues in our local community. Supported projects contribute to a better quality of life across the county, including reducing disadvantage and inequalities.

Our mission

The Foundation is a proactive community and philanthropic leader dedicated to improving the quality of life for the people of Cambridgeshire. To advance our mission we work with many partners to:

Our vision

Our strategic vision is to harness the county’s success and economic performance to reduce inequity and social problems by empowering communities to help themselves.

To achieve this, our aims are:

Objectives

The Foundation's objectives, as defined in its Memorandum, are:

Cambridgeshire Community Foundation pg. 8

In line with the Charities Act, charitable purpose for the Foundation therefore includes:

Understanding needs

Cambridgeshire is rightly perceived as an affluent county in overall terms. However, this hides the reality that there are communities that face severe disadvantage and deprivation. Understanding needs and issues in a community is the first step to being able to solve them. Our Vital Signs report helps us to take the pulse of our community, to highlight the county’s issues and opportunities for action. It looks at published statistics and facts gathered from local and national sources to identify the areas that need the most help.

Activities for achieving objectives

The Foundation aims to encourage philanthropy in Cambridgeshire, manage funds set up at the charity by donors, and award and monitor grants to local voluntary organisations that are effectively addressing local needs.

The Foundation's principal target is to build funds, including endowed funds, to provide resources to tackle the needs identified in its research and the advice it receives, whilst running the charity in the most efficient, equitable and sustainable way.

Through an ever-increasing number of funds managed on behalf of individual and corporate donors, local and national government and trusts, the Foundation supports projects and initiatives that aim to improve the quality of life for local people who face disadvantages and tackle social issues.

Cambridgeshire Community Foundation pg. 9

Statement of public benefit

The Trustees have complied with the duty to have due regard to public benefit guidance published by the Charities Commission. The Trustees have considered the public benefit delivered by the Foundation and have made the following response:

"Our aim is to improve the quality of life for people, predominantly residents of Cambridgeshire, and to target those that face disadvantage by making grants to support relevant, charitable or voluntary organisations which make a difference to their local communities. We ensure these organisations and their beneficiaries are appropriate and their aims meet our objectives. The groups we support deliver benefit to their communities in many different ways, they make no payment for our services and no relevant groups are excluded from our application procedures. Our primary focus is on Cambridgeshire; there are other members of UK Community Foundations providing similar services throughout the UK."

Review of activities

In carrying out its objectives, the Foundation awards grants to local charitable organisations to support work they are undertaking for the benefit of the communities principally in Cambridgeshire. Donors make the grant making possible by supporting charitable funds held by the Foundation.

Throughout the year, the Foundation was successful in developing relationships with both existing and new donors, and this led to further donations being received into existing funds, and new funds being established. The charity now holds over 48 different funds. A list of the live funds is on the Foundation's website along with examples of many of the charitable projects the charity has been able to support.

Cambridgeshire Community Foundation pg. 10

Key figures

Cambridgeshire Community Foundation pg. 11

No. of grants awarded to organisations by grant size 300 250 200 150 100 50 qpi. Cambridgeshire Community Foundation pg.12

Highlights of the year

June 2024 We held our main 20thanniversary celebration event at the
Fitzwilliam Museum
July2024 We launched our Vital Signs 2024 report
August 2024 We launched the Burwell & Reach CommunityFund
October 2024 Our annual CharityGolf Dayraised over £3,500
November 2024 Illumina Community Fund launched to support cancer patients and
their loved ones.
December 2024 Cambscuisine Community Fund marked a milestone of £200,000
awarded ingrants injust 5years
We marked the end of our 20th anniversary celebrations with carols
at Peterborough Cathedral
We were Birketts’ charity partner for their festive shopping
experience,raising£1,865
February 2025 Cheffins launched their Next Generation Fund, committing to
support young people’s mental health as they celebrate their 200th
anniversary
March 2025 We partnered with North West Anglia NHS Foundation Trust to
launch the Investing In Community Health Fund, offering £650,000 of
fundingto local health initiatives
Michael O’Toole spoke at the Allia Social Impact Summit
Awarded Foundation Practice Rating grade B
Second of our PCP networking meetings takes place (first was in Apr
2024)
Our first year as a Local Charity Partner of the Cambridge Half
Marathon. We raised over £40,000

Cambridgeshire Community Foundation pg. 13

Best Practice

The Foundation is signed up to the Institute for Voluntary Action Research (IVAR)'s 8 commitments to being a flexible funder/ Open and Trusting funder. As part of this commitment we take part in an annual Peer Review and publish renewed commitments following that. Our 2025 review was very positive and commended the great lengths we go to engage with applicants early on in the process, our questioning of old practices, our excellent website, and - our grasp of local needs. Our commitments can be seen here: https://www.ivar.org.uk/open and-trusting-for-trusts-and-foundations/.

We have made good progress on our commitments so far:

We also received an overall Foundation Practice Rating (FPR) of B. Each year, the independent FPR assesses 100 UK foundations on their practices on diversity, accountability, and transparency using only the publicly-accessible information shared by foundations in their annual reports and on their websites

Financial policies

Overall financial performance

The Trustees were pleased to note income of £4.3m for the year. Grants awarded totalled totalling £3.656m this year.

Plans for the future

Our plans continue to focus on growing our charitable impact through increased grantmaking. Our target for the next planning period 2025-2028 is to award £10.5 million in grants. Achieving this will require further focus on donor development and enhancing our grantmaking efficiency and impact. Our strategic aims for the new plan are:

Cambridgeshire Community Foundation pg. 14

Fund-raising standards information CA 162A

The Foundation raises some funds from the public. We are registered with the Fundraising Regulator and are committed to good fundraising practice:

Investment policy

Endowed funds are invested to produce a return to cover annual grant making, contribute to the Foundation’s running costs, and to protect the capital against inflation.

External investment advisers (Rathbones Investment Management Limited and CCLA Investment Management Limited) manage the investment of the endowed funds on a discretionary basis in line with the Foundations Investment Policy. This policy is reviewed on an annual basis.

Endowed funds held by CCLA are as a requirement of the Community First Endowment Match Challenge Programme.

Investment performance

The Total Return for the year to 31 March 2025 was 1.4% nett delivered by Rathbones Investment Management Limited. The Board are satisfied with the performance, noting the

Cambridgeshire Community Foundation pg. 15

greater diversification, and hence lower risk of the portfolio. The Total Return for the COIF Charities Investment Fund was -1.98% nett.

The investment performance of Rathbones Investment Management and the CCLA Investment Management Limited managed COIF Charities Investment Fund is regularly reviewed, and the Trustees were satisfied with the results.

Grant making policy and grant making approach

The criteria for grant programmes are set by the Trustees, but this process may include discussions with donors to consider any factors the donor would like to focus on with regard to, for example, targeted outcomes for the grant programme or beneficiary groups helped.

Applications for funding are assessed and those approved for funding by the Foundation’s grant panels are discussed with donors to determine any awards.

Principal funding sources and fundraising strategy

As shown in Note 2, other income was from a variety of external sources including local companies, private donors, public sector bodies and other charitable entities. Fundraising activities and strategy is overseen by the Donor Development & Marketing Committee.

Reserve fund policy

The reserves policy was reviewed during the financial year ended March 2025; the Trustees feel that the policy set then remains appropriate. The Reserves Policy is as follows:

The parameters for the Designated Reserve are:

Cambridgeshire Community Foundation pg. 16

General Reserves as at 31 March 2025 are £581,913 (2023-24: £404,064) with anticipated expenditure in 2025-26 of £621,190.

Remuneration

The remuneration of staff is overseen by a new Remuneration Committee and reviewed by the HR & Governance Committee and Finance Committee against comparable market rates and affordability. A manageable uplift for staff and the CEO was agreed for 2024-25.

Cambridgeshire Community Foundation pg. 17

Structure, governance, and management

Constitution

Cambridgeshire Community Foundation is a charitable company limited by guarantee and was set up on 18 December 2003. In the event of the charity being wound up, the members are each required to contribute an amount not exceeding £1.

The Memorandum of Association which establishes the objects and powers of the Foundation and the Articles of Association which govern procedures were issued on 21 April 2004 and updated in November 2009, July 2011, and October 2016.

Policies adopted for the induction and training of Trustees

Potential Trustees are selected for their skills and expertise in matters of relevance to the board such as marketing, finance, and legal matters. Potential Trustees are invited to meet members of the board to obtain an understanding of the operations and aims of the Foundation.

Organisational structure and decision making

The board meets for four full board meetings a year and on further occasions to focus on particular aspects of the charity, such as donor development and grants. The Trustees are responsible for the strategic direction and policy of the Foundation.

A scheme of delegation is in place and day-to-day responsibility for the delivery of operations rests with the Chief Executive Officer.

Subcommittees of the Board operate to focus on the core activities of HR & Governance, Finance , Donor Development & Marketing, Grant & Community Impact. Under the Terms of Reference for each subcommittee, the majority of members must be Trustees, and each subcommittee is chaired by a Trustee.

Cambridgeshire Community Foundation pg. 18

Risk management

The Trustees regularly conduct a review of the major risks to which the Foundation is potentially exposed and ensure that appropriate systems and controls are in place to manage significant risks. The Trustees also track emerging risks by considering issues that are perceived to be potentially significant, but which may not be fully understood yet. The risk register is regularly updated by each subcommittee and reviewed at main Board meetings and actions are taken to mitigate risk where appropriate.

Key risks and actions to address them are as follows:

Financial matters are kept under close review and financial risk is considered to be relatively low. This is due in part to the Reserves Policy adopted by the Trustees, which means there is cover for operational costs and also funds to invest in the growth and development of Foundation. In addition, the agreed contribution the endowed funds make towards annual operating costs provides further stability. In order to ensure the financial risk remains low, the Trustees continue to examine ways to grow the level of endowment and the level of grant making to diversify further the income sources of the charity.

Cambridgeshire Community Foundation pg. 19

Trustees’ responsibilities statement

The Trustees (who are also directors of the Foundation for the purposes of the Companies Act) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the directors are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions. These accounting records will also be sufficient to disclose with reasonable accuracy at any time the financial position of the charitable company and enable the Trustees to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for ensuring the maintenance and integrity of the corporate and financial information included on Cambridgeshire Community Foundation’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Cambridgeshire Community Foundation pg. 20

Disclosure of informatlon to audltor Each of the persons who are Trustees at the time when this Trustees. Report is approved has confirmed that: As far as that Trustee is aware, there is no relevant audit information of which the charitable company s auditors are unaware. The Trustee has taken all the Steps that ought to have been taken as a Truste& in order to be aware of any information needed by the charitable company's auditors in connection with preparing their report and to establish that the charitable company's auditors are aware of that information. In preparing this report, the Trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. This report was qp roved by the Trustees on15 October 202E]nd signed on their behalf by: Catling, Chairman of Board of Trustees Cambridgeshire Community Foundation pg. 21

Independent auditor’s report to the Members of Cambridgeshire Community Foundation

Cambridgeshire Community Foundation pg. 22

Independent Auditor’s Report to the Members of Cambridgeshire Community Foundation Opinion

We have audited the financial statements of Cambridgeshire Community Foundation (the ‘charitable company’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cashflow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Cambridgeshire Community Foundation pg. 23

Independent Auditor’s Report to the Members of Cambridgeshire Community Foundation

Other information

The other information comprises the information included in the trustees' annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Cambridgeshire Community Foundation pg. 24

Independent Auditor’s Report to the Members of Cambridgeshire Community Foundation

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We gained an understanding of the legal and regulatory framework applicable to the charity and how it operates and considered the risk of the charity not complying with the applicable laws and regulations including fraud in particular those that could have a material impact on the financial statements. This included those regulations directly related to the financial statements. In relation to the charity this included financial reporting. The risks were discussed with the audit team and we remained alert to any indications of non-compliance throughout the audit. We carried out specific procedures to address the risks identified. These included the following:

Cambridgeshire Community Foundation pg. 25

Independent Auditor’s Report to the Members of Cambridgeshire Community Foundation

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of noncompliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities is available on the FRC's - - - - website at: https://www.frc.org.uk/auditors/audit assurance/auditor s responsibilities for-the-audit-of-the-fi/description-of-the-auditor%E2%80%99s-responsibilities-forThis description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Suzanne Goldsmith FCA (Senior Statutory Auditor) For and on behalf of Price Bailey LLP Statutory Auditor Tennyson House Cambridge Business Park Cambridge CB4 OWZ

Date: 11 November 2025

Cambridgeshire Community Foundation pg. 26

Financial

statements

For the year ended 31 March 2025

Cambridgeshire Community Foundation pg. 27

CAMBRIDGESHIRE COMMUNITY FOUNDATION

(A Company Limited by Guarantee no 04998990)

STATEMENT OF FINANCIAL ACTIVITES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025

Note
Income & Endowments from:
Donations & Legacies
2
Investments
3
Total Income
14
Expenditure on:
Raising funds
4
Charitable activities
5
Total Expenditure
Net(loss)/gain on investments
Net income/(expenditure)
Transfers between funds
14
Net movement in funds
Reconciliation of funds:
Total funds at 1 April 2024
Total funds at 31 March 2025		 Endowment
Funds
Restricted
Funds
Unrestricted
Funds Total Funds
Total Funds
2025
2025
2025
2025
2024
£'000
£'000
£'000
£'000
£'000
517,987
2,929,199
370,459
3,817,645
5,593,475
196,117
127,016
173,264
496,397
460,274
714,104
3,056,215
543,723
4,314,042
6,053,749
37,586
100
150,815
188,501
244,235
- 3,681,582
400,067
4,081,649
5,005,147
37,586
3,681,682
550,882
4,270,150
5,249,382
(244,870)
-
-
(244,870)
1,263,547
431,648
(625,467)
(7,159)
(200,978)
2,067,914
(559,766)
374,758
185,008
- -
(128,118)
(250,709)
177,849
(200,978)
2,067,914
13,696,054
2,624,222
1,053,790
17,374,066
15,306,152
13,567,936
2,373,513
1,231,639
17,173,088
17,374,066

Notes on pages 31 to 51 form part of these accounts

Cambridgeshire Community Foundation pg. 28

15 October 2025

The notes on pages 31 to 51 form part of these financial statements

CAMBRIDGESHIRE COMMUNITY FOUNDATION

(A Company Limited by Guarantee no 04998990) CASH FLOW STATEMENT AS AT 31 MARCH 2025

Note
Cash flows from operating activities:
net cash provided by operating activities
15a
Cash flows from investing activities:
Dividends, interests and rents from investments
Purchase of tangible fixed assets
Proceeds from the sale of investments
Purchase of investments
Net cash provided by investing activities
Net increase/(Decrease) in cash and cash equivalents
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward
15b		 2025
£
(1,052,992)
496,397
0
0
(55,755)
440,642
(612,350)
5,581,433
4,969,083		 2024
£
1,574,625
460,274
0
1,930,675
(1,684,275)
706,674
2,281,299
3,300,134
5,581,433

The notes on pages 31-51 form part of these financial statements.

Cambridgeshire Community Foundation pg. 30

CAMBRIDGESHIRE COMMUNITY FOUNDATION

(A Company Limited by Guarantee No 04998990) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention, in accordance with the Statement of Recommended Practice “Accounting and Reporting by Charities (SORP 2019)” 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; and the Companies Act 2006. The accounts are presented in pound sterling which is the functional currency of the charity.

The accounts are presented in pound sterling which is the functional currency of the charity.

1.2 Company status

Cambridgeshire Community Foundation, a public benefit entity, is incorporated in England and Wales as a company limited by guarantee not having a share capital. The members of the company are the Trustees named on page 2. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. The Foundation is a registered charity. The registered office is given on page 2.

1.3 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes. Designated funds are unrestricted funds that have been set aside for particular purposes as set out in the notes to the financial statements.

Restricted funds are funds subject to specific restrictions imposed by the funding authorities and donors. These funds are not available for the Trustees to apply at their discretion. The purpose and use of the restricted funds is set out in the notes to the financial statements.

Endowment funds are expendable endowment funds that are invested to produce income to be used in accordance with the objects of the Foundation. Although the Trustees are able to convert all or part of the endowed funds into a restricted fund which can then be used in accordance with the objects of Cambridgeshire Community

Cambridgeshire Community Foundation pg. 31

Foundation, the intention is to hold the funds as endowments on a permanent basis. Any capital gains or losses arising on the investments form part of the endowed funds. Any investment management charges are charged against the endowed funds.

1.4 Income

All income is included in the Statement of Financial Activities when the company has entitlement to the funds, probability of receipt and the amount can be measured with sufficient reliability.

Donations received are recognised by the Foundation on being notified of the amounts and likely date of receipt. If there are conditions attached to the donation, then these are treated as restricted and only released once the conditions have been met.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. This is normally upon notification by the investment advisor of the dividend yield of the investment portfolio. Income from Government Securities is recognised when it is received; income accrued and not received on these securities at 31 March is included in the market value of the investments held.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.

Support costs are those costs incurred directly in support of expenditure on the objects of the Foundation. Governance costs are those incurred in connection with administration of the Foundation and compliance with constitutional and statutory requirements.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Costs of raising funds include fund raising costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the

Cambridgeshire Community Foundation pg. 32

conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All resources expended are inclusive of irrecoverable Value Added Tax.

1.6 Tangible fixed assets and depreciation

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment - 3 years straight line

During the year, the Trustees reviewed its Capitalisation Policy and agreed that it would only capitalise items over £1,000 and any current items costing less than this would be fully depreciated during the year.

1.7 Going concern

The designated fund allows for one-off costs that may arise in the growth of the charity.

The Trustees consider that there are no material uncertainties about the Foundation's ability to continue as a going concern. As such, they continue to adopt the going concern basis of accounts in the financial statements, which assumes the Foundation will continue in operational existence for the foreseeable future. The Trustees have given due consideration to the working capital and cash flow requirements of the Foundation for at least 12 months from the date of signature of the accounts.

1.8 Investments

Fixed asset investments are a form of financial instrument and are stated in the balance sheet at their market value. Investment gains and losses, whether realised or unrealised, are combined and shown in the heading ‘Gains/(losses) on investments’ in the Statement of Financial Activities.

1.9 Pensions

The company operates defined contribution pension schemes and the pension charge represents the amounts payable by the company to the funds in respect of the year.

1.10 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cambridgeshire Community Foundation pg. 33

1.11 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Foundation anticipates It will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

1.12 Taxation

The Foundation is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Foundation is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Value Added Tax is not recoverable and is included in the relevant charges for administration expenses.

1.13 Cash at Bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.14 Financial instruments

The Foundation only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their market value. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received.

1.15 Significant Accounting Estimates and Judgements

No significant judgements, accounting policies or estimates have been made by management in applying the charity’s accounting policies.

Cambridgeshire Community Foundation pg. 34

INCOME FROM DONATIONS 2 AND GRANTS

==> picture [80 x 41] intentionally omitted <==

Donations
Events
Total
Voluntary
income		 Endowment
funds
Restricted
Funds
Unrestricted
Funds
Total Funds
2025
2025
2025
2025
£
£
£
£
517,987
2,908,588
338,358
3,764,933
20,611
32,101
52,712
517,987
2,929,199
370,459
3,817,645
__
_ __ _

PRIOR YEAR

PRIOR
YEAR
Donations
Events
Total
Voluntary
income		 Endowment
funds
Restricted
Funds
Unrestricted
Funds
Total Funds
2024
2024
2024
2024
£
£
£
£
20,000
5,033,986
399,995
5,453,981
101,240
38,254
139,494
20,000
5,135,226
438,249
5,593,475
__
_
__
_

Cambridgeshire Community Foundation pg. 35

INVESTMENT 3 INCOME

Investment
income
PRIOR YEAR
Investment
income
4
RAISING
FUNDS
Investment
management fees
Marketing, events
and fundraising
costs
Other support
costs		 Endowment
funds
Restricted
Funds
Unrestricted
Funds
Total
Funds
2025
2025
2025
2025
£
£
£
£
196,117
127,016
173,264
496,397
__
______ __
Endowment
funds
Restricted
Funds
Unrestricted
Funds
Total
Funds
2024
2024
2024
2024
£
£
£
£
189,541
120,011
150,722
460,274
_
_______ _
Endowment
funds
Restricted
Funds
Unrestricted
funds
Total Funds
2025
2025
2025
2025
£
£
£
£
37,586
37,586
100
48,707
48,807
102,108
102,108
37,586
100
150,815
188,501
__
_ __ __
PRIOR YEAR
Investment
management fees
Marketing
Other support
costs		 Endowment
funds
Restricted
Funds
Unrestricted
funds
Total Funds
2024
2024
2024
2024
£
£
£
£
31,163
-
-
31,163
-
106,893
12,710
119,603
-
-
93,469
93,469
31,163
106,893
106,179
244,235

Cambridgeshire Community Foundation pg. 36

CHARITABLE 5 ACTIVITIES

Grantmaking
PRIOR YEAR
Grantmaking		 Grantmaking
Support
costs
Direct costs
Total
2025
2025
2025
2025
£
£
£
£
3,655,948
400,067 25,634 4,081,649
Grantmaking
Support
costs
Direct costs
Total
2024
2024
2024
2024
£
£
£
£
4,610,812
357,812 36,523 5,005,147

6 GRANTS


Grants to
institutions
Grants to
individuals		 Number of
grants
awarded
Restricted
funds
Total
2025
2025
2025
£
£
472
3,430,608
3,430,608
122
225,340
225,340
594
3,655,948
3,655,948

Cambridgeshire Community Foundation pg. 37

PRIOR YEAR

Number of grants
awarded
Restricted
funds
Total
2024
2024
2024
£
£
Grants to institutions
302
4,298,862
4,298,862
Grants to individuals
810
311,950
311,950
1,112
4,610,812
4,610,812
RECONCILIATION OF GRANTS PAYABLE:
2025
2024
£
£
Accrued at 1 April 2024
2,016,750
1,049,431
Grants awarded for the
year
3,655,948
4,610,812
Grants paid during the
year
(4,089,213)
(3,643,493)
Accrued at 31 March 2025
1,583,485
2,016,750
Payable as follows:
Grants payable <1yr - institutional
1,583,485
2,016,750
All grants go to support charitable work, predominantly in Cambridgeshire.
Grants awarded in the year fall under the following headings:
2025
2024
£
£
Adults facing Life crisis
Theme:
Economic hardship
364,062
484,999
Theme:
Homelessness
130,482
112,208
Theme:
Isolation
21,250
208,160
Theme:
Family crisis
45,827
90,257
Theme:
Health
364,743
Theme:
Impact of crime and antisocial behaviour
61,243
136,697
Community development & engagement
Theme:
Community cohesion
26,049
983,867
Theme:
Enhancing local charities
63,595
51,491
Theme:
Community assets
981,375
562,570
Children, young people and families
Theme:
Education & skills
112,010
112,491		 Number of grants
awarded
2024
302
810		 Restricted
funds
Total
2024
2024
£
£
4,298,862
4,298,862
311,950
311,950
1,112 4,610,812
4,610,812
2025
2024
£
£
2,016,750
1,049,431
3,655,948
4,610,812
(4,089,213)
(3,643,493)
1,583,485
2,016,750
1,583,485
2,016,750

Cambridgeshire Community Foundation pg. 38

Theme:
Social inclusion
Theme:
Health and wellbeing
Health
Theme:
Healthy living
Theme:
Mental health
Theme:
Chronic or terminal illness
Theme:
Disability support
The natural environment
Theme:
Improved green spaces
Theme:
Help limit climate change
Other
Small miscellaneous amounts
7 SUPPORT COSTS
General
office
Travel & other staff costs
Premises
Marketing
Subscription to National Network
Staff costs
National insurance
Pension cost
Depreciation
Governance
Auditors remuneration
Staff costs
Legal & Professional fees
Trustees expenses






Raising
Funds
2025
£
11,521
2,148
1,300
-
4,367
73,092
7,566
2,114
-		 699,724
734,142
136,175
28,430
258,110
209,246
229,837
196,921
171,541
101,612
180,319
151,911
72,738
4,250
178,429
3,655,948
4,610,812
Charitable
activities
Total
2025
2025
£
£
46,084
57,605
8,590
10,738
5,200
6,500
-
-
4,367
8,734
268,787
341,879
23,333
30,899
6,702
8,816
-
-
16,140
16,140
19,322
19,322
-
-
1,542
1,542
400,067
502,175
102,108

Cambridgeshire Community Foundation pg. 39

7
PRIOR YEAR
General office
Subsistence
Premises
Marketing
Subscription to National Network
Staff costs
National insurance
Pension cost
Depreciation
Governance
Auditors remuneration
Staff costs
Legal & Professional fees
Trustees expenses		 Raising
Funds
Charitable
activities
Total
2024
2024
2024
£
£
£
11,973
47,891
59,864
1,085
28,184
29,269
1,200
4,800
6,000
-
-
-
3,661
3,661
7,322
66,806
220,520
287,326
6,546
18,359
24,905
2,001
5,533
7,534
197
788
985
12,000
12,000
15,904
15,904
13
13
159
159
93,469
357,812
451,281

Cambridgeshire Community Foundation pg. 40

8 NET INCOME/EXPENDITURE
This is stated after
charging:
Depreciation of tangible fixed assets:
-owned by the charity
Auditors remuneration
Pension contributions		 2025
2024
£
£
-
985
16,140
12,000
9,345
8,017

During the year Trustees received no remuneration or benefits in kind; reimbursement of expenses for travel amounted to £796 (2024:£159)

9 STAFF COSTS
Staff costs were as
follows:
Wages and salaries
Social security costs
Pension contributions		 2025
2024
£
£
359,278
301,407
32,294
26,059
9,345
8,017
400,917
335,483

Staff costs include 34 days (2024:27 days) of untaken leave The average monthly number of employees during the year was as follows:

2025
2024
No.
No.
9
8
The total number of key management personnel is 1 (2024:1)
Total remuneration of the key management personnel of the Foundation for the year is £116,762
(2024: £107,854).
2025
2024
No.
No.
Number of staff earning £80,001 - £90,000 -
1
Number of staff earning over £90,000 1
-

Pension contributions in respect of this employee were £4,574 (2024: £4,341) There are no other staff earning over £60,000 (2024:nil)

Cambridgeshire Community Foundation pg. 41

10 TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Cost
At 1 April 2024
Additions
Disposals
At 31 March 2025
Depreciation
At 1 April 2024
Disposals
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Office
Equipment
TOTAL
£
£
12,343
12,343
-
-
-
-
12,343
12,343
12,343
12,343
-
-
-
-
12,343
12,343
-
-
-
-

Cambridgeshire Community Foundation pg. 42

11 FIXED ASSET INVESTMENTS

At 1 April 2024
Transfer
Additions
Disposals
Cash Movement
Revaluations
At 31 March 2025
Investments at market value comprise:
UK Equities
Fixed interest
Alternatives
Cash
Total market value
PRIOR YEAR
At 1 April 2023
Transfer
Additions
Disposals
Cash Movement
Revaluations
At 31 March 2024		 Restricted
Listed
Portfolio
Investments Investments
Cash
Total
£
£
£
150,000
13,223,559
457,693
13,831,252
-
-
-
55,755
55,755
-
-
-
40,797
40,797
-
(244,870)
(244,870)
150,000
13,034,444
498,490
13,682,934
UK
Overseas
2025
£
£
£
2,255,183
8,066,574 10,321,757
1,224,855
-
1,224,855
1,328,281
-
1,328,281
808,041
-
808,041
5,616,360
8,06,574 13,682,934
Restricted
Listed
Portfolio
Investments Investments
Cash
Total
£
£
£
12,462,615
392,075
12,854,690
-
-
35,670
1,648,605
-
1,684,275
(1,895,005)
- (1,895,005)
-
(141,874)
65,618
(76,256)
114,330
1,149,218
-
1,263,548
150,000
13,223,559
457,693
13,831,252		 Restricted
Listed
Portfolio
Investments Investments
Cash
Total
£
£
£
150,000
13,223,559
457,693
13,831,252
-
-
-
55,755
55,755
-
-
-
40,797
40,797
-
(244,870)
(244,870)
150,000
13,034,444
498,490
13,682,934

Cambridgeshire Community Foundation pg. 43

12 DEBTORS
Trade debtors
Prepayments and accrued income
13 CREDITORS: Amounts falling due within one year
Trade creditors
Deferred income
Accruals & other creditors
Grants accrued - institutional (see note 6)
UK Equities
Fixed interest
Alternatives
Cash
Total market value		 UK
£
7,781,426
270,510
556,099
315,821		 UK
£
7,781,426
270,510
556,099
315,821		 2025
2024
£
£
180,310
26,154
54,643
50,422
234,953
76,576
2025
2024
£
£
275
4,504
98,739
70,218
31,383
23,723
1,583,485
2,016,750
Overseas
2024
£
£
4,616,212
12,397,638
141,180
411,690
-
556,099
-
315,821
4,757,392
13,681,248
8,923,856
1,713,882
2,115,195

Deferred income relates to funds held on behalf of funders and which is accounted for in the year during which grants are made.

Deferred income reconciliation
Brought forward
Amounts deferred in year
Amounts released		 2025
2024
£
£
70,218
77,544
28,520
46,288
-
(53,614)
98,738
70,218

Cambridgeshire Community Foundation pg. 44

14 STATEMENT OF FUNDS

CURRENT YEAR
Designated fund
General fund
Total Unrestricted Funds
Endowment funds
Restricted funds:
(i)
Thalia WB Community Fund
(ii)
Healthy Fenland Fund
(iii)
Anglian Water
(iv)
Stay Well
(v)
Wryde Croft Wind Farm
Community Benefit Fund
(vi)
NHS Healthier Futures Fund
(vii)
NW Anglia FT VCSE Fund
(viii) Know Your Neighbourhood
(ix)
CPCA Learning & Skills
Fund
(x) A428 Community Fund
(xi)
Other
Total Funds		 Brought
Forward
Income
Expenditure
Transfers
in/(out)
Gains/
(Losses)
Carried
Forward
£
£
£
£
£
£
649,726
-
-
-
649,726
404,064
543,723
(550,882)
185,008
-
581,913
1,053,790
543,723
(550,882)
185,008
-
1,231,639
13,696,054
714,104
(37,586)
(559,766)
(244,870)
13,567,936
248,751
893,431
(566,042)
-
-
576,140
-
-
-
-
-
-
94,331
-
-
-
-
94,331
31,436
89,125
(84,192)
-
-
36,369
195,429
63,686
(109,905)
-
149,210
953,299
-
(953,299)
-
-
-
650,000
-
-
-
-
650,000
-
(601,222)
569,000
(7,569)
-
-
(39,791)
-
288,891
(288,391)
-
-
500
-
100,777
(100,777)
-
-
-
1,052,198
1,051,305
(1,571,507)
374,758
-
906,754
2,624,222
3,056,215
(3,681,682)
374,758
-
2,373,513
17,374,066
4,314,042
(4,270,150)
-
(244,870)
17,173,088

Cambridgeshire Community Foundation pg. 45

SUMMARY OF FUNDS

Unrestricted funds
Endowment funds
Restricted funds		 Brought
Forward
Incoming
Resources
Resources
Expended
Transfers
in/(out)
Gains/
(Losses)
Carried
Forward
£
£
£
£
£
£
1,053,790
543,723
(550,882)
185,008
-
1,231,639
13,696,054
714,104
(37,586) (559,766)
-
(244,870) 13,567,936
2,624,222
3,056,215 (3,681,682)
374,758
-
2,373,513
17,374,066
4,314,042(4,270,150)
-(244,870)17,173,088

Endowment Funds

On an annual basis a percentage of the Endowment Fund held by Rathbones is released via transfers to be made available for grant making over the coming 12 months and to contribute to the operational costs of the Foundation in making those grants.

The endowed funds support projects under the following priorities:

Unrestricted Funds

Unrestricted funds include those that have been designated for future expenditure that is outside of the normal day to day costs of running the charity. This may include an upgrade to IT systems, office accommodation or increasing the staff numbers.

Cambridgeshire Community Foundation pg. 46

Cambridgeshire Community Foundation pg. 47

PRIOR YEAR
Designated fund
General fund
Total Unrestricted Funds
Endowment funds:
Restricted funds:
Thalia WB Community Fund
Healthy Fenland Fund
Anglian Water
Stay Well
Wryde Croft Wind Farm
Community Benefit Fund
NHS Healthier Futures Fund
NW Anglia FT VCSE Fund
Know Your Neighbourhood
Other
Total Funds		 Brought
Forward
Incoming
Resources
Resources
Expended
Transfers
in/(out)
Gains/
(Losses)
Carried
Forward
£
£
£
£
£
£
234,726
415,000
649,726
381,327
588,971
(464,344)
(216,220)
114,330
404,064
616,053
588,971
(464,344)
198,780
114,330
1,053,790
13,101,903
209,541
(31,163)
(733,444)
1,149,217
13,696,054
132,902
593,135
(477,286)
248,751
94,826
5,110
(99,936)
-
135,219
32,221
(73,109)
94,331
184,189
123,949
(276,702)
31,436
69,602
211,670
(85,843)
195,429
1,971,600
(1,018,301)
953,299
650,000
650,000
601,722
(1,186,833)
-
(16,111)
(601,222)
971,458
1,065,830
(1,535,865)
550,775
1,052,198
1,588,196
5,255,237
(4,753,875)
534,664
-
2,624,222
15,306,152
6,053,749
(5,249,382)
-
1,263,547
17,374,066

Cambridgeshire Community Foundation pg. 48

SUMMARY OF FUNDS

SUMMARY OF FUNDS
Unrestricted funds
Endowment funds
Restricted funds		 Brought
Forward
Incoming
Resources
Resources
Expended
Transfers
in/(out)
Gains/
(Losses)
Carried
Forward
£
£
£
£
£
£
616,053
588,971
(464,344)
198,780
114,330
1,053,790
13,101,903
209,541
(31,163)
(733,444)
1,149,217
13,696,054
1,588,196
5,255,237
(4,753,875)
534,664
-
2,624,222
15,306,152
6,053,749
(5,249,382)
-
1,263,547
17,374,066

RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH 15a FLOW FROM OPERATING ACTIVITIES

Net income/(Expenditure) for the year (as per Statement of
Financial Activities)
Adjustments for:
Depreciation
(Gains)/Losses on investments
Dividends, interests and rents from investments
(Increase)/decrease in cash investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash generated from/(used by) operating activities		 2025
2024
£
£
(200,978)
2,067,914
-
985
244,870 (1,263,547)
(496,397)
(460,274)
(40,797)
76,256
(158,377)
217,820
(401,313)
935,471
(1,052,992)
1,574,625

Cambridgeshire Community Foundation pg. 49

15b
NET DEBT RECONCILIATION
Short term deposits
Cash at bank and in hand
PRIOR YEAR
Short term deposits
Cash at bank and in hand
16
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Fixed Asset
Investments
Current Assets
Creditors due
within one year		 Endowment
funds
2025
13,532,934
35,002		 at 1 Apr 24
Cashflows
at 31 Mar 25
3,082,817
(83,227)
2,999,590
2,498,616
(529,123)
1,969,493
5,581,433
(612,350)
4,969,083
at 1 Apr 23
Cashflows
at 31 Mar 24
1,429,357
1,653,460
3,082,817
1,870,776
627,840
2,498,616
3,300,133
2,281,300
5,581,433
Restricted
Unrestricted
Total
funds
funds
funds
2025
2025
2025
-
-
-
150,000
-
13,682,934
3,806,998
1,362,036
5,204,036
(1,583,485)
(130,397)
(1,713,882)
13,567,936 2,373,513
1,231,639
17,173,088

Cambridgeshire Community Foundation pg. 50

Cambridgeshire Community Foundation pg. 51