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 (oliver@jamestoddandco.co.uk) from michael@jamestoddandco.co.uk IP: 185.175.36.158 30 / 10 / 2025 Viewed by Mr Oliver Read (oliver@jamestoddandco.co.uk) 11:25:23 UTC IP: 185.175.36.158 30 / 10 / 2025 Signed by Mr Oliver Read (oliver@jamestoddandco.co.uk) 11:25:42 UTC IP: 185.175.36.158 30 / 10 / 2025 The document has been completed. 11:25:42 UTC