2025-03-31-accounts

tharity registration number 1103884 (England and Wales) THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustses MrMTHIII Mr Csaunby Mrs Hone 4rfty number {En￿•r￿1 and Wales) 1103884 Independent examln•r Oliver Read FCCA ACA James Todd and Co Llmlted Drayton House Drayton Lane Chlchester West Sussex England P020 2EW Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST CONTENTS Page Trustees, report Independent examiner's report Statement of financial actlvlues Balance sheet Notes to the financial statements 7-13 Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustee5 presentthelr annual report and flnancial ststernents fortheyear ended 31 March 2025, The financial statements have been prepared In accordance with the accounUn8 pollcles set out In note I to the flnanclal statements and comply with the trust's governlng dcKument, the Charities Act 2011 and "AccountSng and Reportlng by Charitles.. Statement of Recommended Pract1￿ appllcable to charities preparin8 thelr accounts In accordance wlth the Flnanclal Repordn8 Standard appllcable In the UK and Aepub15c of Ireland {FRS 1021 (effective l January 2019>. C*>JertlK•s •nd i¢thiities The charity's object5 are as follows.. To pay or apply the Income and all or such part or parts of the capital In such shares and proportlons at such time or dmes and In such manner for or towards such charitable purpose or purposes as the trustees shall thlnk flt provlded that wlthout preJudlce to the generallty of the foregoin8 the trustees shall have regard to the followlng purposes that is to say:" l. The estab115hment and endowment lin the Jolnt names of the Founders the late Mr W S J Venton and the late Mrs N P E Venton, or the sole name of either of them} the acqulslUon, provlslon, development. enlargement, constructlon, equlpment fittln8 Out, furnlshlng decoratlon maintenance. repair. Insurance Improvement reconstructhn and general upkeep of Day Cent￿$ In cltles towns and vlllages of the United Klngdom for the beneflt of the Beneflciaries Imeanln8 those who by reason of old age or Inflrmlty or social and economic circumstances have need of the fx11i￿es provided at Day Centre or of care attention asslstance or supervlslon thereatl and the ptyment of all out8oln8s In connectlon with and the general expenses of carrying on and manèqlng such Day Centres. 2. The asslstance of the Beneflciaries or any of them by the provlslon of food and other facilities at such Day Centres Iforesald upon terrns approprlate to thelr means Provided that the trustees shall ensure that the cost to the 8eneflclarles of food and other facIll￿e5 provlded by and at such Day Centres aforesaid is kept as low as posslble. 3. The a5SiStance of the Beneflclarles or any of them by the provision of means of transportatlon to and from such Day Centres aforesald or the payment of all or any part of thelr travelllng expenses to and from such Dry Centres aforesald as shall In elther case be appropriate to thelr means provided that the trustees shall ensure that the c05t to the Beneficlarles of such transportauon or travel is kept as low as p05slble. 4. The relief for the beneflt of the publlc of the sufferln8 of animals in need of care and attentlon and in particular the provlslon and rnalntenan￿ of rescue homes or other facilitles for the reception care and treatment of such animals. 5. The maklng or provlslon (ln the lolnt names of the Founders or the sole name of dther of them) of donations grants loans or other a55iStance to: 111 Age Concern or any other assocIa￿on. trust, or8anlsadon. Instltutton or body corporate or unlncorporated whlch Is for the trme being a re815tered charity In the United Kin8dom for any one or more of the pufpose5 refer￿d to in sub-clau5es 111121 and131 of this Clause. 1111 The RSPCA or any other assouatlon trust organisation insltutlon or body corporate or unincorporated which Is for the time belng a reglstered charlty In the UnSted Kin8dom for any one or more of the purposes referred to in sub-clause {41 of thls aause. The trustees recelve varled application5 for support and each one is revlewed and considered for support bearlng In mlnd the stated objects of the charity, The trustees acknowledge that they would favour applications from charitles In whlch Mrs Venton hod been involved during her lifetime but they would also take Into conslderadon applicatlons from other charltles which had similar objectives to those which were set out in the Trust Deed, All appllcatlons made wli I be considered by the trustees. The trustees note the Charlty Commlssion'$ 8uidance on public benefit and reco8nise all actlvitles of the charity are for the beneflt of the publlc. Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH2025 Achlevements and perfomMnc• The Trustees are pleased to report that the Trust saw an expanslon In It charltable funding during the year. Durlng the hlatus created by covld grant applicatlons dlmlnlshed and income accumulated in the Trust bank account. The Trustees have adopted pollcy of not havlng Income pald on a regular basis to prevent such accumulatlon of Income In the future. The fund managers are now Instructed to relnvest Income and the Trustee5 from tlme to tlrne wlll draw down such monles as they antlcipate needin8 to fund 8rant appllcatlons. Havin8 stsrted the reportlng perlod wlth a substantlal cash balance at bank the Trustees declded to run down the bank balances to a level where the cash at bank 15 broadly equlvalent to 12 months expendlture on Trust admlnlstratlon and charltable 8rants. The Trust website, with an online 8rant appllcadon process. that was Introduced durlng the year Is provlng wccessful and generated a number of requests. Not all of these were approved by the Trustees as many were recelved from organlsadons whose athvltles are ¢)Utside the ￿rnIt of those mandated by the Trust oblectfves, However it was encouraglng to see that a number of appllcauons were received from or8anlsatlons that provlded support for the elderly or anlmals that wère not malnstream charltles. Many of these small organisatlons, run by enthu5ia5tlc volunteer5, requlre SUFport and the Trust was pleased to be able to help many of these small or8anisations durln8 the year. Just under £lQ),OLXJ was distributed to flve or8anlsatlons. Such support and flnanclal asslstsnce was totally for the benefit of the publlc. Further details are provlded In note 6 to the attathed flnanclal statements. Slnce Its Incepdon the Trust Bank accounts had been held by Lloyds Bank PLC. Unfortunately thls was an "old style" trustee account and could only be accessed by personal attendance. Lloyds were unable to offer any electronk form of banking w5th the oriBinal account. Nelther were they acceptln8 new accounts from charities established by trust (ked. In the clrcumstances the Trustees took the declslon to transfer the bank accounts to Metro Bank PLC and the Ctroperatlve Bank. Both those or8anlsadons enable the Trustees to mana8e the account5 electronlcally whlch Is more flexible and cost effertlve. Flnan¢lil r•vl•w Durlng the year the trust received income of £69,488, whlch Is an decrease on the previou5 year12024: E84,837}. The trust showed a deftdt of £19,57512024: surplus of £163,446). Thi5 delicit was caused by the trust glvlng a higher amount of grants to Instltutlons ihan Income recelved from the investment portfolio withln the year. It Is the wlsh of the Trustees to d15trlbute as much as posslble of the Trust's annual income and any future surpluses wlll be carried forward to increase future dlstrlbutlons,. deficlts may sadl¥ restrict future distributions, Close contact Is malntalned wlth the Trust's two stockbrokin8 firms who manage the Trust's portfomo. The stockbrokers provlde regular reports and summarles of transacdons, and representatives meet the Trustees at ther annual meetlng when they are required to analyse the pcsltlon of the porrfollos they manage arKI advise thelr expectatlons for the future. The Trustees are fully 8ulded by thelr stockbrokers In dealin8 Wlth thi5 aspect of the Trust's finandal affalrs. The Trust's investment policy is to balan￿ the requlrement for Income and yet maximise growth opportunltles. t￿erebY providing for both present and future needs. Durln8 the year, the Trust's Investments saw an increase in value of £47,36512024: increase of £243,1971. It Is the policy of the Trust that unre5trlcted funds whlch have not been deslgnated for a specific use should be malntalned at level of Six month's average hlstorlcal 8eneral expendlture whlch Is equlvalent to £39,Cm. The Trustees conslder that reserves at thls level will ensure that, in the event of a si8nlficant drop In fundln8, they wlll be able to continue the Trust's current athvltles whlle consideration 15 8iven to ways In whlch addltlonal funds may be ralsed. The level of reserve5 at the year-end currently stands at £3.397,163. of which É3.062,597 Is Included as part of endowment funds. This leaves general reserves of £334.566, whlch Is above the reserve5 policy. The Trustees will aim to utlllse these reserves by way of issuing further grants in the next flnanclal year. Note 15 sets out an analysis of the assets attributable to the varlous funds. These assets are sufficient to meet the Trusvs obligatlons on a fund by fund basis. The Trustees have assessed the major risks to which the Trust is exposed, and are sadsfled that systèms are in place to mltlgate exposure to the major risks. Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Stru¢ture* governance and man•pm•nt The trust was establlshed by a deed of charlrable trust on 11 February 21MJ4. The charity Is run by the B03rd of Trustees comprlsln8 the trusrees who glve thelr tlme and expertlse voluntarlly and recelve no benefits from the charlty. Each of the trust's three trustees have responslblllty for the affalr5 01 the trust, meetin8 as necessary to deal vAth siKh mattets. The trustees who seThed dur[￿ the year and up tt¥ the date of slgnaturè of the flnanclal statements were." MrMTHIII Mrc Saunbv Mrs Honè R•¢rullment and appokntmeth of trustoes Mr C Saunby was appolnted at the request of the late Mrs N P E Venton and wlll rnonltor the future needs of the trust and the appointmeni of other trustees to asslst In the affairs of the trust. Mr M Hlll and Mr S Hone have been appolnte(l in accordance wlth the 8o¥•rnln8 d￿uMent. In vlew of the slze of the trust all of the decislons are tsken by all of the trusrees. Should addltlonal trusrees be requlred these wlll be appolnted in accordance wlth the t￿￿t deed and any identlfied 8aps and weaknesses In the board's exlstln8 skills and knowledge. All new trustees follow an Inductlon process whlch Includes a copy of the late# accounts and Information about the charlty and tttelr respon$ibllitles as trustees. Where necessary. trainlng may be offered to asslst wlth the Indutt1(￿ process. The trustees, repo as appro¥ by the Board ofTrustees. Mr Csaunby Oate:.. Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

30 / 10 / 2025 Dated: ..cccscssccssssseecsees

Doc ID: b1e6cb83cfab9e000b80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST STATEMENT OF FI NANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Endowment funds lunds 2025 2025 Totsl Unrestrlcted Endowm•nt luMI$ funds 2024 2024 Total 2025 2024 Notes Income from: Investments 69,488 69,488 84,837 84,837 Tot*1 Ineome 69,488 69,488 84,837 84,837 Expendlture on: Ralslng fund5 Charitable activitles 12,344 80,575 12,344 24,688 80,575 8,861 104,453 8,861 17,722 104.453 Total expendlture 92,919 12,344 105,263 113,314 8,861 122,175 Net gains/llosses} on Investments io 16.275 16.275 2(Ll.784 200,784 N•t Incomellexpendlture) 123,4311 3,931 119,5CQI 128,477) 191,923 163,446 other r•cognis•d zalns and losses: Other losses li 175) 1751 Net movement In funds 123.4311 3,856 119,575) 128,4771 191,923 163,446 Reconclllatlon of funds: Fund balances at l Aprll 2024 357,997 3,058.741 3.416,738 386,474 2,866,818 3,253,292 Fund balances at 31 March 2025 334,566 3,062,597 3.397,163 357,997 3,058,741 3.416,738 The statement of flnancial acttvitles includes all gains and losses recognlsed In the year. All irtome and expendlture derive from conttnulng actlvitles. Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST BALANCE SHEET AS AT31 MARCH 2025 2015 21)14 Notes Flxed assets Investments 3,266,421 3,186,078 Current ass•ts Cash at bank and in hand 135,603 235.220 c1￿1tOrS. &m￿mts faUln8 due wRhln on• ye•r {4,861} 14.5601 Net wrr•nt •M•ts 130,742 230.660 Tolal assets less currnnt114bllltles 3,397,163 3,416.738 The funds olth• trurt £ndowmetht lunds Unrestrlrted funds 3.062,597 334,566 3,058,741 3S7.997 Is 3.397,163 3,416,738 The financl•l statements were approved by the trustees on . dll Mr C Saunby Trustee Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Ac¢ountln8 polldes Ch•rity information The William and Patricla Venton Charltable Tru5t1s an unlncorporated trust, reglstered wlth the Charltles Commlsslon under charlty number 1103884. It's prlnclpal address Is Southlands, 9 Southlands Road. Ketterln& Northants, NNIS 7QG. 1.1 Accountlnz conventlon The financlal statements have been prepared in accordance wlth the trust's qovernln8 document. the Charltles Act 2011, FRS 102 "The Flnanclal Reportln8 Standard applicable In the UK and Republlt of Ireland" I"FRS 102,1 and the Charides SORP "Accountfjng and Reportlng by Charltles: Statèment of Recommended Practtce applicable to charltles preparing thelr accounts In accordance wlth the Flnancial Reporting Standard appllcable In the UK and Republlc of Ireland (FRS 1021" leffectbve l January 2019}. The trust Is a Public Benefit Entlty as defined by FRS 102. The trust has taken advantage of the provlslons In the SORP for chèrltles not to prepare a Statement of Cash Flows. The flnanclal ststernents have departed from the Charltles (Accounts and Reports) Regulatlons 2￿8 only to the extent requlred to provlde a true and falr view. This departure has involved followlng the Statement of Recornmended Prartlce fer charltles applyln8 FR$ 102 rather than the version of the Statement of Recommended Practice whith Ss referred to In the Re8ulètlons but whl¢h has SIn￿ been withdrawn. The ffnandal statements are prepared In sterllng, whlch is the functional currency of the trust. Monetary arnounts In these fi'nancial statements are rounded to the nearest £, The flnanclal statements hwe been prepared urrfler the historical cost convenuon. The prlnclpal accounting pollcles adopted are set out below. 1.2 Golng ¢oncem At the tlme of approving the flnandal ststements, the trustees have a reasonable expectatton that the trust has adequate resources to contlnue In operatlonal exlstence for the foreseeable future. Thus the trustees contlnue to adopt the 8oln8 concern basis of accountin8 in preparing the flnanclal statements. 1.3 Ch•rltsble funds Unrestrlcted funds are avallable for USÈ at the discretion of the trustees In furtherance of their charitable oblecdves. Restrlcted funds ère subject to speclflc condidons by donors or 8rantors as to how they may be used. The purposes and uses of the restrlcted funds are set out in the notes to the financial statements. Endowment funds are subject to specific condltlons by donors that the capital must be rnalntalned by the trust. 1.4 In¢ome Income is reco8ni5ed when the trust Is le8ally entltled to It after any performance conditlons have been rnet, the amounts can be measured reliably, and it is probable that Income wlll be received. Cash donattons are recognlsed on receipt. other donations are recognlsed once the trust has been notlfted of the donation, unless performance conditions require deferral of the amount. Income tax feccverable In relatlon to donations received under Gift Aid or deeds of covenant Ss recognlsed at the tlme of the donation. Legacies are recognlsed on recelpt or otherwlse If the trust has been notified of an Impendln8 dlstrlbutlon, the amount is known. and receipt Is expected. If the amount Is not known, the legacy Is treated as a Con￿ngent asset, Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountfnq pollcles (Contlnued 1.5 Expendtture Expenditure Is recognlsed once there15 a legal or constructlve obllgation to transfer economic beneflt to a thlrd party, it Is probable that a transfer of economlc benefits w511 be required in settlement, and the amount of the obllgatlon can be measured rellably. Expendlture Is classlfied by actSvlty. The costs of each actfvlty are made up of the total of dirttt costs and shared costs, Includin8 SUPPOIt costs involved In undertakln8 each actlvlty. Dlrect costs attributable to a single actlvSty are allocated dlrectly to that actlvity. Shared costs which contribute to more than one actlvlty and support costs whSch are not attrlbutable to a slngle actlvity are apportioned between those actlvltles on a basls conslstent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreclatlon charges are allocated on the portlon of the asset's use. 1,6 Flxod ass•t Inv•stments Flxed asset investments are Inlually measured at transèrtlon prlce excluding transactton costs. and are subsequently measured at fair value at each reportlng date, Changes In falr value are recognised in net income/lexpendSturel for the year. Transaction costs are expensed as Incurred. 1.7 Cash and ¢4sh equlv•lents Cash and cash equlvalents include cash in hand, deposits held at call wlth banks, other short-term liquid investments wlth orl8lnal maturitres of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowlngs In current IlabllltSes. 8asl¢flnondol assets Baslc flnanclal assets, which include debtors and cash and bank balances, are Inltlally measured at transactlon prlce Includlng transactton costs and are subsequently carrled at amort15ed cost uslng the effectlve interest method unless the arrangement constbtute5 a financin8 transactlon. where the transactlon 55 measured at the presert value of the f uture recelpts dlscounted at a market rate of Interest. Financral assets classifled as re￿1Vable wlthln one year are not amortlsed, Boslcfinon¢fol Ilqbllllles 8aslc flnancial liabilities, Sncluding credltors and bank loans are Inltlally recognised at transactlon prlce unless the arrangement constltutes a flnancin8 transaction. where the debt instrument Is measured at the present value of the f uture payments dlscounted at a market rate of interest. Flnanaal Ilabllltles classlfled as payable within one year are not amortlsed. Debt Instruments are subsequently carr5ed at amortlsed cost. usln8 the effecyve Interest rate method. Trade creditors are obli8attons io pay for goods or 5efvices that have been acquired in the ordlnary course of operations f rorn suppliers. Amounts payable are classifled as current liabilities if payment is due withln ene year Of less. If not. they are presented as non-current liabill￿es. Trade creditors are recognlsed initlally at transactlon price and subsequently measured at amortlsed cost uslng the effethve interest method. Derecognieion ofllnonclal Ilubllitles Financial liabilities are dereco81115ed when the trust's contractual obligations expire or are discharged or cancelled. 1.8 Employee benefits The cost of any unused holiday entitlement is recognised in the period in whith the employee's seNlces are received. Termination benefits are recognfrsed immedlately as an expense when the trust Is demonstrably committed to termlnate the employment of an ernployee or to provlde termination benefits. Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED31 MARCH 2025 Critical accountini estimates and Jud8ements In the appllcatlon of the trusvs accountlng pollcies, the trustees are required to make Judgernents, estlmates and assumptlons about the carrylng amount of assets and Ilabllitles that are not readily apparent from other SQUfces. The esdmates and assoclated assumptlons are based on historical experience and other factors that are consldered to be relevant. Actual results may differ from these esdmates. The estimate5 and underlying assumptlons are revlewed on an ongolng basis. Revlsions to accountin8 estlmates are recognlsed In the perlod In which the estimate is revised where the revislon affects only that perloj, or In the perlod of the revlslon and future periods where the revision affects both current Jnd future perlods. Income from In¥￿tMentS Unr•5trirt•d funds 2025 Unrestrkted funds 2024 Income from Ilsted Investments Interest recelvable 53,925 15,563 70,404 14,433 69,488 84,837 Expendlture on rnlsln8 funds Unrestrirted Endovm)ent funi funds 2025 2025 Totsl Unrestrlcted Endowmént funds funds 2024 2024 Total Xi25 2024 Investment management 12,344 12,344 24,688 8,861 8.861 17,722 Expendlture on ¢harftable actl¥ltles Grant fvndinl Grant fundlnR 2025 2024 Direct ccsts Grant funding of act5vides (see note 61 75,655 99.392 Share of support •nd 8o¥ernanrv ¢ost$15ee note 7) Support Governance 3,840 4,¢J41 1,020 80.575 l(M,453 Analysis by fund Unrestricted fvnds- general 80,575 104.453 Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST NOTES TO THE FINANCIAL sfATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Grants payable Grant fundln8 Grant funding 2025 2024 Grants to institutions {7 grants): A8e Concern Ea5tbourne Age UK Northampton Casts Protecdon Northampton Eastbourne Shopmoblllty Hu85 Foundation HACK 57,392 12,0 io.oc(J iO.OLXJ io.oc(J 23.000 9.750 8.105 4,800 10,000 10,000 10,000 WestW¢)od 2015 Ltd Swansea Cats & Klttens N Norfolk Communlty Transport Gulld Care 75,655 99,392 5￿ppOrt costs allocited to •cti¥iti•s 2025 2024 Travel and subslstence Accountancy Governance costs 501 3,540 1,020 3,840 1,080 4,920 5,061 Analys•d betwttn; Grant fundlng 4,920 5,061 Trustees None of the trustees lor any persons connected wlth theml recelved any rernuneratlon or beneflts from the trust during the year. Employees The average monthly number ofemployees durlngthe year was: 2025 Number 2024 Number Total There were no employees whose annual remuneration was more than £60,0W. Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED31 MARCH 2025 10 Galns and losses on Investments Endowment funds 2025 Endowment funds 2024 Galn5/11ossesl arlslng on: Revaluatlon of Investments Sale of investments 47,366 131,0911 185,081 15.703 16,275 2[￿,784 11 Oth•r yln$ and10ss•5 Endowm•nt fundj Endowment fund5 2024 2025 G4lnslllossesl upon.. Forel8n exchan8e 75 12 FIMed asset Investments Llst•d Investments Cost or valuatfon At l Aprll 2024 Addltlons Valuatlon changes Dlsposals 3,186.078 928.624 47.365 1895.6461 At 31 March 2025 3,266,421 Carryln£ amount At 31 March 2025 3,266,421 At 31 March 2024 3,186,078 Flxed asset Investments revalued The investrnents listed above are at market value. The hlstorlc cost of the portfolio at the year*nd 15 £2,812,311 {2024: £2,583.050}. Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Creditors; amounts falling due within one year 2025 2024 Accruals and deferred income 4,861 4.560 14 Endowment funds Endowment funds represent assets whlch must be held permanently by the trust. Income arlsln8 on tPE endowrnent funds can be used In accordance wlth the oblects of the trust and Is Included as unrestrlcted Income. Any capital gains or losses ari5in8 on the assets form part of the fund. At l April 2024 R•sourceJGalns and loss•$ •xpènded At 31 Marth 2025 Permanent endowments The Wllllam and Patrlcla Venton Charltable Trust 3,058,741 112.344) 16,2()J 3,062,597 PM¥iou$ year: At I Wll 2023 Resour¢esGalns •nd losses •xp•nd•d At 31 M•rth 2024 Permanent endowments The Wllllam and Patrlcla Venton Charltable Trust 2,866,818 18,8611 200,784 3,058,741 The endowment fund represents a permanent endowment from Mr5 Patricia Venton, the capltal of whlch must be malntalned by the trust. The income 8enerated by the capltal Is avallable for distrlbutlon in accordance with the aims of the charity. The fund Is held in an investment portfolio, which Is mana8ed by the investment managers. Resources expended represent the investment mana8er's costs for mana8in8 the investment porrfollo. Investment manager's cost5 have been allocated 50% against general funds and 50% a8ainst the endowment fund whlch Is generating the investment Income, In accordance with the terms of the endowment. Transfers In the y&r relate to investment 8alns bein8 moved to unrestricted funds for dlstribution, in accordance with the aim5 of the charity. 15 UnrnStriCt￿ funds The unrestricted funds of the charity comprise the unexpended balances of donatlons and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds whlch have been set aside out of unrestricted funds by the trustees for specific purposes. At l Aprll 2024 Incomlng rnsources Resources expended At 31 Mareh 2025 General funds 357.997 69.488 192.9191 334,566 Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

THE WILLIAM AND PATRICIA VENTON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2025 15 Unrestrfcted funds (Contlnued) Pr8vlous year: At l Aprll 2023 In¢omlni resources ReSOUTces expend•d At 31 Mar¢h 2024 General funds 386,474 84,837 1113,3141 357,997 The grants reserve represents funds set aside by the trustees last year to pay out grants. 16 Amlysls of net a￿ets bétweén fvnds Unrestrlcted funds 2025 Endowment nds 202S Total 2025 At31 MaKh 2025; Investments Current assetsllllabilitlesl 203.824 130.742 3,062,597 3,266,421 130,742 334,566 3.062,597 3.397,163 Unréstrlct•d funds 2024 Endowmént funds 2024 Totsl 2024 At 31 March 2024: Investments Current assetsllliabilitiesl 127,337 230,660 3,058,741 3,186,078 230,660 357,997 3,058,741 3,416.738 17 Rel•ted party transactions There were no dlsclosable relèted party tran5actlon5 durln8 the year12024- ncnel. Doc ID= b1e6cb83cfab9eOOOb80a97fcef45a78f3b9d117

The William and Patricia Venton Charitable Trust - Year... Signed_Accounts.pdf b1e6cb83cfab9e000b80a97fcef45a78f3b9d117 DD / MM / YYYY ° Signed

27 / 10 / 2025 Sent for signature to Mr Oliver Read 12:34:16 UTC ([e-mail]) from [e-mail] IP: 185.175.36.158 30 / 10 / 2025 Viewed by Mr Oliver Read ([e-mail]) 11:25:23 UTC IP: 185.175.36.158 30 / 10 / 2025 Signed by Mr Oliver Read ([e-mail]) 11:25:42 UTC IP: 185.175.36.158 30 / 10 / 2025 The document has been completed. 11:25:42 UTC