REGISTERED COMPANY NUMBER: 034875771England and Wales)
REGISTERED CHARITY NUMBER: 1105370
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2024
for
Edward's Trust Ltd
Locke Williams Associates LLP
Chartered Accountants
Studio 2
50-54 St Pauls Square
Birmingham
West Midlands
B3 1QS

Edward's Trust Ltd
Contents of the Financial Statements
for the Year Ended 31 December 2024
Page
Reference and Administrative Details
Report of the Trustees
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
10 to 11
Cash Flow Statement
12
Notes to the Financial Statements
13 to 24

Edward's Trust Ltd
Reference and Administrative Details
for the Year Ended 31 December 2024
TRUSTEES
Peter Barrett (Company Secretary}
Christine Bodkin (Chair)
Peter Dent (Vice Chairl
Aine Gallagher
Chris Hurley
CHIEF EXECUTIVE OFFICER
Clare Martin
REGISTERED OFFICE
37 Calthorpe Road
Edgbaston
Birmingham
B15 1TS
REGISTERED COMPANY
NUMBER
03487577 (England and Wales)
REGISTERED CHARITY
NUMBER
1105370
INDEPENDENT EXAMINER
Locke Williams Associates LLP
Chartered Accountants
Studio 2
50-54 St Pauls Square
Birmingham
West Midlands
B3 1QS
BANKERS
Lloyds Bank PIC
Caxton Gate
3 Corporation Street
Birmingham
B2 4LP
Page 1

Edward's Trust Ltd
Report of the Trustees
for the Year Ended 31 December 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 December 2024. The trustees have
adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102} (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and activities
The aims of Edward's Trust are:
To provide support to parents bereaved, or about to be bereaved, of their son or daughter, whatever
age of their child or cause of death.
To provide support to anyone affected by the death of a child aged eighteen years or under.
To provide support to children and young people up to the age of 24 who are bereaved, or are about
to be bereaved, of a parent, significant carer, sibling or friend.
To provide a 'Well Being in Bereavemeny, service including complementary therapies and respite
bereavement care for bereaved parents and carers.
To provide training and consultation for professionals working with bereaved families or families who
are about to be bereaved.
Main Trust Activities and Charity Commission Guidance
Edward's Trust is a specialist holistic bereavement charity based in Birmingham. dedicated to providing vitsl
support to families across the West Midlands. We understand that grief is a deeply personal journey, and we
tailor our seNices to meetthe unique needs of each individual we support. Each year, we provide bereavement
support to over 700 individuals. In 2024 we directly supported 778 over the course of the year. In doing so the
'ripple effect, of this support meant we reached over 3,000 family members. During 2024 our Service Delivery
Team delivered 4827 appointments to bereaved parents, children and young people. Our services include
one-to-one counselling, wellbeing therapies and support groups, ensuring that bereaved parents, children and
young people have the compassionate care they need.
We believe in a holistic approach to bereavement care, addressing not only the emotional impact of loss but
also the physical and mental wellbeing of those who are grieving. We have a dedicated team of counsellors,
therapists and support staff who offer a safe space where families can navigate their grief, build their resilience
and find hope in the future.
By offering a holistic bereavement service we seek to rebuild lives by addressing all aspects of grief
emotional, physical, physiological, and psychological. Our Counsellors and Therapist are all qualified and
BACPIBAPT registered or registered by the appropriate professional body.
We have referred to the Charity Commission guidance on public benefft and the Trustees continue to review
how developments contribute to the aims and objectives of the charity.
Volunteer Involvement
In addition to our paid staff, Edward's Trust also has over 40 Volunteers, many who have lived experience,
who are members of our Friends of Edward's Trust (FOET) who support the work of the charity in a variety of
ways. This dedicated group of volunteers meet regulady to support Edward's Trust through hands on
volunteering, fundraising and advocacy. FOET was founded in 2014 and has grown from just five members to
over 40 active volunteers today. Some members have received support from Edward's Trust themselves, and
others have been inspired by our work. Together they want to make a differen￿. We greatly appreciate the
invaluable support of our Volunteers. Ambassadors and Patrons who organise and help with events, support
our Fundraising Team, and actively engage in promoting Edward's Trust and the work we do.
Page 2

Edward's Trust Ltd
Report of the Trustees
for the Year Ended 31 December 2024
ACHIEVEMENT AND PERFORMANCE
Achievements and Performance in 2024
Move of premises
In 2024 the Trustees had several significant tasks to focus on and achieve during the year. A move of premises
had been part of the Board discussions during 2022123 with plans to relocate the early part of 2024. During
2023 all aspects of moving premises were addressed by the Board of Trustees including the funding and
financing of this. A suitable property was found during 2023. and a refurbishment of the premises took place.
The move took place in January 2024, and we have settled into the premises appreciating the opportunity we
now have to expand and develop our work with bereaved families. We have rooms that are dedicated to our
work with bereaved parents, children and young people. In addition, having a larger room has given us the
opportunity to develop group work, volunteer and fundraising activities as well as training and general
meetings.
The Trustees produced an updated organisational Strategic Plan for 2024-2027. The Board are monitoring
this closely to ensure we remain focussed on the plan whilst recognising that the challenges of raising the
necessary funds may require some modifications and temporary changeslpauses to our strategic goals.
Adult support
In 2024 we provided support to 266 adults through our Counselling and Wellbeing in Bereavement services
and through group work. Our mission is to provide a compassionate and supportive environment where
bereaved parents can find comfort and understanding. The death of a child brings with it a grief that is
traumatic, complex and long lasting. The grief experienced by bereaved parents is profound and debilitating
and it impacts on every aspect of their daily lives. All aspects of their emotional and physical health are
compromised, and our holistic bereavement support is essential as it addresses their profound and unique
grief. Research has shown that for bereaved parents it can take up to 8 years before they begin to cope with
the death of their child. We also know that unresolved grief can have a negative impact on physical and mental
health. Our role is to support parents in rebuilding their lives and having hope for the future.
Our services are designed to support bereaved parents in different way5. Counselling is offered to help
bereaved parents begin to process their grief and share their feelings. thoughts and reactions. Our Wellbeing
in Bereavement therapies provide a space for relaxation and self-care and our Support Groups offer the
opportunity to connect with other bereaved parents.
Children and Young People
We supported 512 children and young people in 2024 through counselling, therapeutic play, creative
expression of grief work and support groups. Our services are tailored to meet the unique needs of children
from the age of 4yrs who have experienced the death of a parent, sibling or another close family member.
Whether it is through therapeutic play, quiet conversations or simply holding space for their feelings, we are
here to help bereaved children to feel seen and supported.
We know that grief is experienced in different ways for every child and our aim is to provide support in a way
that feels natural and comforting. Through therapeutic play and creative expressions of grief sessions
bereaved children can express their feelings in a safe and nurturing environment. These sessions are designed
to gently help bereaved children process their emotions. even when words may be hard to find.
For young people our services include individual counselling. wellbeing (16+) and youth support groups.
Counselling offers bereaved young people a confidential space to talk about their feelings with an experienced
counsellor and our support groups provide a connection with others who have similar eXperien￿S, giving a
sense of community and shared understanding.
Due to the traumatic nature of the bereavements experienced by the children and young people we support it
is essential they receive the best possible professional care. We have a well-developed and evidenced
approach to assessment and Servi￿ provision to support children and young people as they face life without
a parent, significant carer, grandparent. sibling or friend.
Page 3

Edward's Trust Ltd
Report of the Trustees
for the Year Ended 31 December 2024
Research shows that bereaved children and young people have poor outcomes if they are not supported
appropriately. Bereavement at an eady age can have a devastating impact on children which can last into their
adulthood. The impact can include low self*steem. sadness, anger, guilt and mental health problems. In order
to prevent long term problems early intervention is vital. We provide bespoke bereavement care and monitor
progress and outcomes with the bereaved children and young people we support. Providing the right support
in a timely way for bereaved children and young people means positive life outcomes can be achieved.
Our Services
At the core of our work is our counselling service. This service enables the bereaved people we support to
talk openly about their grief. In 2024 we continued to see an increase in requestslenquires for support
immediately following a death. This has increased the number of bereaved people we offer an Early Advice
and Support Service to. Some ofthe concems presented are often around how to tell a child about the death
of a loved one. We are also able to signpost to other organisations if the persons situation does not meet our
criteria or if there are other urgent issues not directly related to the bereavement.
Through grant funding we were able to provide a specialist therapeutic playlcreative expression service
which focuses on the grief of young children. Often young children are not able to express their feelings through
words alone and this specialist work helps children understand and express the various feelings and reactions
they have as a direct result of their bereavement.
Many of the parents we see are grieving themselves as well as supporting their children. One of our projects
is Parents Supporting Grieving Children (PSGC). Parents often need reassurance that their child is
displaying the usual and common signs of grief. Parents will often have a lot of practical concems and
pressures that come as a direct result of their bereavement. Our approach of offering individual support to the
parent and the child(ren) at the same time has proven to be very positively received and responded to. It often
gives children an increased sense of security knowing their parent is also being supported.
Outreach Services
We understand the importance ofaccessible bereavement support and part ofour Strategic Plan is to continue
to provide this in our existing venues and to also develop this service. Our outreach support in the Black
Country ensures that families in Dudley, Wolverhampton and Sandwell can re￿1ve specialist care without the
need to travel long diStan￿S. We also offer outreach support to families in Erdington. By offering community-
based locations we redu￿ travel time. making it easier for individuals to access the help they need.
Our outreach support provides advice, information, training and specialist counselling for bereaved parents,
children and young people. Vvhilst our main site in Edgbaston offers a broader range of services, our Black
Country and Erdington outreach locations bring expert bereavement counselling and emotional support closer
to home.
Our holistic approach to bereavement care continues to include a Wellbeing Service led by a qualified and
experienced Wellbeing Therapist. This service supports bereaved adults with all aspects of their grief - physical
as well as emotional. Grief can cause very significant physical problems and wellbeing therapies, such as
aromatherapy massage, mindfulness and relaxation can help address these. The relaxing and restorative
therapies also include teaching self-help strategies to reduce stress. In 2024 we continued to provide some
additions to the existing service including Wellbeing Days and Yoga groups.
Support Groups
With our move of premises has come the opportunity to continue to provide support groups and to extend and
develop this part of our bereavement servI￿s. Grief can feel very isolating, and our support groups offer a
safe space to connect with others who have experienced similar bereavements. Support groups are often a
very helpful step further along in the grief journey and can offer reassurance. perspective and a sense of
community. These groups have been very well received by the bereaved adults, children and young people
we support. Whilst the experience and expression of grief is very individual being with people in a similar
situation can be very helpful.
Page 4

Edward's Trust Ltd
Report of the Trustees
for the Year Ended 31 December 2024
Remembrance Time
Our annual Remembrance Time offers bereaved parents and their relatives a chance to remember their loved
one at Christmas- one ofthe most difficult times of yearforthem. This service-which has taken place annually
for 32 years- was attended by 260 people in 2024.
We have a digital space where families can create tribute pages and share memories of their loved one.
Edward's Trust also has a Tree of Remembrance at the National Memorial Arboretum which provides a very
special place of reflection.
Fundraising activities
A key strength for Edward's Trust is our diverse funding base. However, 2024 has been a very challenging
year with regard to raising funds and our Fundraising Team have worked hard to increase our donor base.
Sponsored Events and Challenges have proved to be popular and have extended our reach and profile. We
were particularly delighted to be able to hold a very special Challenge to mark our 35th anniversary year
Skydive for 35. This event saw 35 of our supporters, each representing a year of the charity's history, do a
skydive. Comprising of both long-term Edward's Trust supporters as well as some new faces- the oldest being
76years and the youngestjust 18years- this brave group of 35 participants raised an amazing total of £29,926
The cost-of-living crisis has impacted on individual donations although we continue to have strong support in
a variety of ways from private individuals. We are very grateful to Charitable Trusts for the grants we have
re￿iVed which directly help to fund our service delivery. We are very mindful of the need to seek new income
streams as well as strengthening our existing ones to ensure we are able to continue to provide vital support
services to bereaved parents, children and young people.
Fundraising Standards Infomiation
We have a dedicated but small fundraising team whose work is reviewed regularly and reflects the good will
we have developed.
We have six main sources of donations..
Charitable Trusts and Foundations
Corporate sponsors
Regular givers
Volunteers who fundraise on our behalf
Private individuals
Legacy donors
Grant applications from Charitable Trusts are made throughout the year. Many of the Charitable Trusts are
regular supporters and we are very grateful for their continued help. We seek new grant opportunities and
apply if we are eligible.
We have a number of corporate donors. As well as financial support, they also give 'in kind, support and
sponsorship. We have over 80 regular donors who give via a standing order or direct debit. Large or small
donations given regularly add a level of stability to our income base. We keep regular donors informed of our
activities at regular points throughout the year and through our Kite magazine.
We currently have 40 volunteers, many of whom have been supported by Edward's Trust through their own
bereavement. Many of these volunteers belong to our FOET (Friends of Edward's Trust} group and carry out
various fundraising activities on our behalf. We are very grateful to them for the support they give.
We have been fully compliant with the Fundraising Regulatorfs code of practice throughout 2024. We
received no complaints regarding our fundraising activities this year. We ensure that these activities are
sensitive and reasonable and do not contact our donors or potential donors to ask for money directly. Instead,
we promote new sponsorship opportunities through general campaigns, not targeted at individuals.
Throughout the year we have been reviewing our fundraising activities to ensure we are GDPR compliant.
Public Benefit Statement
Our main activities and who we try to help are described throughout the Chairfs report. All of these are
undertaken to further our charitable purposes for the public benefit. The trustees are of the opinion that
throughout the year, Edward's Trust complied with the duty in Section 4 of the Charities Act 2011 to have due
regard to public benefit guidan￿ published by the Charity Commission.
Page 5

Edward's Trust Ltd
Report of the Trustees
for the Year Ended 31 December 2024
FINANCIAL REVIEW
Financial position
The charity had total income of £483,934 for the year, of which £185,313 was given for restricted purposes.
Totsl expenditure for the yearwas £654,561, which resutted in an overall deficit for the year of £170,627.
Investment Powers
The Memorandum of Articles authorise trustees to make and hold investments using the general funds of the
Company.
Reserves policy
The charity's free reserves are its general unrestricted funds (excluding any element represented by fixed
assets) less any funds which have been designated for specific future projects by the trustees. Details of
designated funds are given in the financial statements.
Edward's Trust resetves policy is to aim to hold a minimum level of free reserves equivalent to approximately
nine months expenditure, in order to ensure that any delay in the receipt of income by the charity, caused by
the actions of a third paty, does not affect the ability of the charity to meet its obligations to its beneficiaries.
The policy of Edward's Trust is to continue to seek funding both to support existing commitments and to
develop its services. The Trust's focus has been on maintaining the funding for its bereavement services and
to continue to develop this work.
The longer-tem goal continues to be to increase the level of funding to Edward's Trust in order that services
can respond to and meet the level of need for bereaved parents, children and young people requiring
bereavement support, counselling and wellbeing in bereavement therapies.
At 31 December 2024 the charity had unrestricted funds of £319.235. of which £318,156 are free reserves.
Free reserves are those freely available unrestricted funds, not committed to fixed assets. These include
£146,000 of reserves currently designated for future anticipated needs, at the trustees discretion. Restricted
funds at 31 December2024 were £85,312. A full breakdown ofthese is provided in the notes to these accounts.
FUTURE DEVELOPMENT
As part of Edward's Trust's strategic planning for 2024 we have developed a three-year plan to develop our
resources (financial, human, property and technology) to enable our services to develop and grow. The new
income generation strategy which was developed as part of the fundraising consultation process includes new
activities and initiatives to mitigate for potential gaps. Having accessed the income generation activities
Trustees feel confident that by strengthening our diverse income base we will be able to deliver our
organisational strategy over the next three years. New initiatives such as a programme of virtual events is
being developed to attract a new audience and engage existing supporters. Trustees are confident that, with
the skills of the fundraising team and its excellent track record, the Trust will continue to perform well and
achieve the income generation targets necessary to ensure the effective financial perfomiance of Edward's
Trust in 2025.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing documen( a deed of trust, and constitutes a limited company, limited
by guarantee, as defined by the Companies Act 2006.
Page 6

Edward's Trust Ltd
Report of the Trustees
for the Year Ended 31 December 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and training of new trustees
Trustees are very familiar with the day-to-day work of the charity and are regularly updated at Board meetings
and through their contact with the staff. New trustees apply for the position and are formally interviewed by the
Board. The Chief Executive oversees induction and training of trustees and ensures that this covers the
obligations of Trustees and the Board.
the main documents which set out the operational framework for the charity including the Memorandum
and Articles.
resourcing and the current financial position
future plans and objectives including the charity's strategic plan document.
Trustee training is an ongoing process to ensure the board are aware of cu￿ent legislation and Trustee
responsibilities. An annual training event is part of the prO￿S$.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006
relating to small companies.
Approved by order of the board of trustees on 03 Septem ber 2025
and signed on its behalf by..
Christine Bodkin- Chair of Trustees
Page 7

Independent Examinerfs Report to the Trustees of
Edward's Trust Ltd
Independent examinerfs report to the trustees of Edward's Trust Ltd ('the Company.
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 December 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'l. In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 145{51 Ibl of the
2011 Act.
Independent examinerfs statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountants in England and Wales. which is one of the listed bodies.
I have completed my examination. I confinn that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
Act., or
the accounts do not accord with those records" or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than
any requirement that the accounts give a true and fair view which is not a matter considered as part of
an independent examination, or
the accounts have not been prepared in accordan￿ with the methods and principles of the Statement
of Recommended Practice for accounting and reports-ng by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic
of Ireland IFRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
David Williams FCA FCCA
Locke Williams Associates LLP
Chartered Accountants
Studio 2
50-54 St Pauls Square
Birmingham
West Midlands
B3 1QS
Date.. 03 September202C
Page 8

Edward's Trust Ltd
Statement of Financial Activities
Ilncorporating an Income and Expenditure Account)
for the Year Ended 31 December 2024
31.12.24
Total
funds
31.12.23
Total
funds
as restated
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
292,090
185,313
477.403
632,170
Charitable activities
Holistic bereavement care
other trading activities
Investment income
20
6,511
20
6,511
143
5,335
Total
298,621
185.313
483,934
638,488
EXPENDITURE ON
Raising funds
97,547
1,529
99,076
100,820
Charitable activities
Holistic bereavement care
320,085
235,400
555,485
570,288
Total
417,632
236,929
654,561
671,108
NET INCOMEI(EXPENDITURE)
(119.011)
(51.616)
(170,627
{32,620)
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported
Prior year adjustment
438,246
136,928
575,174
607,794
14
As restated
438,246
136.928
575.174
607,794
TOTAL FUNDS CARRIED FORWARD
319,235
85.312
575,174
The notes form part of these financial statements
Page 9

Edward's Trust Ltd
Balance Sheet
31 December 2024
31.12.24
Total
funds
31.12.23
Total
funds
as restated
Unrestricted
nds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
15
1,079
1.079
578
CURRENT ASSETS
Debtors
Cash at bank and in hand
16
37,559
337,869
37,559
423.181
33,025
631,132
85.312
375.428
85,312
460.740
664,157
CREDITORS
Amounts falling due within one year
17
(26,707)
(26.707)
(89,561 }
NET CURRENT ASSETS
348,721
85.312
434 033
574,596
TOTAL ASSETS LESS CURRENT
LIABILITIES
349,800
8S.312
435.112
575,174
CREDITORS
Amounts falling due after more than one year 18
(30,565)
(30.565)
NET ASSETS
319,235
575,174
FUNDS
Unrestricted ￿ndS
Restricted funds
20
319,235
85,312
438,246
136,928
TOTAL FUNDS
404,547
575,174
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
(b)
The notes form part of these financial statements
Page 10

Edward's Trust Ltd
Balance Sheet- continued
31 December 2024
These financial ststements have been prepared in accordan￿ with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
03 September 2025
and were signed on its behalf by-
Christine Bodkin - Trustee
The notes form part of these financial statements
Page11

Edward's Trust Ltd
Cash Flow Statement
for the Year Ended 31 December 2024
31.12.24
31.12.23
as restated
Notes
Cash flows from operating activities
Cash generated from operations
24
212,844
27,724
Net cash (used in)Iprovided by operating activities
212,844)
27,724
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
{1,618)
Net cash provided by investing activities
4,893
5,335
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
(207.951
33,059
631,132
598,073
Cash and cash equivalents at the end
of the reporting period
423.181
631,132
The notes form part of these financial statements
Page 12

Edward's Trust Ltd
Notes to the Financial Statements
for the Year Ended 31 December 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP {FRS 1021 'Accounting and Reporting by
Charities= Statement of Recommended Practi￿ applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021 (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention.
Going concem
The Trustees assess whetherthe use of going concern is appropriate i.e. whether there are any material
uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity
to continue as a going concern. The Trustees make this assessment in respect of a period of one year
from the date of authorisation for issue of the financial statements and have concluded that the Charity
has adequate reSoUr￿S to continue in operational existence for the foreseeable future and there are
no material uncertainties about the Charity's ability to continue as a going concern, thus they continue
to adopt the going concern basis of accounting in preparing the financial stalements.
Income
All income is recognised in the Statement of Financial Activities once the charity is legally entitled to the
income after any performan￿ conditions have been met. the amount can be measured reliably and it
is probable that the income will be re￿ived.
For donations to be recognised the charity will have been notified of the amounts and the settlement
date in writing. If there are conditions attached to the donation and this requires a level of performance
before entitlement can be obtained then income is deferred until those conditions are fully met or the
fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
For legacies, receipt must be recognised when it is probable that it will be re￿ived. Receipt is normally
probable when.. there has been a grant of probate., the executors have established that there are
sufficient assets in the estate, after settling any liabilities. to pay the legacy, and any conditions attached
to the legacy are either within the control of the charity or have been met.
Income from trading activities includes income eamed from fundraising events and trading activities to
raise funds for the charity- Income is received in exchange for supplying goods and services in order to
raise funds and is recognised when entitlement has occurred.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).
Further detail is given in the Trustees, Annual Report.
Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. Expenditure is recognised where there is a legal or
constructive obligation to make payments to third parties, it is probable that the settlement will be
required and the amount ofthe obligation can be measured reliably. It is categorised underthe following
headings..
Costs of raising funds
Expenditure on charitsble activities
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
Allocation and apportionment of costs
Resources expended are allocated to the particular activity where the cost relates directly to that activity.
Page 13

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
ACCOUNTING POLICIES - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Office equipment
330/0 on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular ￿Stricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Temination benefits
Termination benefits are monies paid when employment is temiinated before the normal retirement
date, or whenever an employee accepts voluntary redundancy in exchange for these benefits. The
company recognises termination benefits when it is demonstrably committed to either.. terminating the
employment of current employees according to a detailed fomal plan without possibility of withdrawal
or providing termination benefits as a result of an offer made to encourage voluntary redundancy.
Debtors and creditor5 receivablelpayable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded
at transaction pri￿. Any losses arising from impairment are recognised in expenditure.
Leasing commitments
Rentals applicable to operating leases where substantialty all of the benefits and risks of ownership
remain with the lessor are charged against income on a straight line basis over the period of the lease.
DONATIONS AND LEGACIES
31.12.24
31.12.23
as restated
Donations
Gift aid
Legacies
Grants
266,026
21,058
5,006
185,313
280,590
16,346
7,160
328,074
477,403
632,170
Page 14

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
OTHER TRADING ACTIVITIES
31.12.24
31.12.23
as restated
Sale of merchandise
20
143
INVESTMENT INCOME
31.12.24
31.12.23
as restated
Interest receivable
6,511
5,335
INCOME FROM CHARITABLE ACTIVITIES
31.12.24
31.12.23
as restated
Activity
Holistic bereavement care
Training income
840
RAISING FUNDS
Raising donations and legacies
31.12.24
31.12.23
as restated
Staff costs
Telephone & stationery
Fundraising costs
Travelling & sundry
80,361
813
16,043
79,043
831
18,826
2,120
99,076
100,820
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 8)
Support
costs (see
note 9)
Totals
Holistic bereavement care
479,034
555 485
Page 15

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
DIRECT COSTS OF CHARITABLE ACTIVITIES
31.12.24
31.12.23
as restated
Stsff costs
PR & marketing
Child & family welfare
Telephone
Other direct
Propety expenses
Professional fees
Depreciation
285,767
3,530
2,023
7,319
48,304
115,172
15,802
276,298
2,102
7,620
7,478
35,735
135,350
12,545
2,280
479,034
479.408
SUPPORT COSTS
Govemance
costs
Finance
Totals
Holistic bereavement care
4.081
72,370
76,451
Support costs, included in the above, are as follows:
31.12.24
31.12.23
as restated
Holistic
bereavement
care
Total
activities
Bank charges
Stsff costs
Accountancy
Legal & professional fees
Travelling & sundry
4,081
48,216
14,017
10,137
3,815
47,426
13,909
25,223
507
76,451
90,880
10. NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargingl(crediting)'.
31.12.24
31.12.23
as restated
Depreciation - owned assets
Fees for Independent Examination
Fees for other services
1,117
1,140
1,320
2,280
1,140
1,200
Page 16

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
11. TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for
the year ended 31 December 2023.
Trustees. expenses
There were no Trustee expenses reimbursed in the year (2023 one trustee reimbursed .' £1,217}.
12. STAFF COSTS
31.12.24
31.12.23
as restated
Wages and salaries
414,344
402,767
414,344
402,767
The average monthly number of employees during the year was as follows:
31.12.24
31.12.23
as restated
Management of Trust
Fundraising & publicity
Counselling
Administration
11
18
17
No employees received emoluments in excess of £60,000.
The total amount of employee benefits received by key management personnel is £59,32212023
£59,760) The key management personnel ofthe Charity comprise the Trustees, Chief Executive Officer
and Clinical Lead. See note 11 for trustees, remuneration and benefits.
13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
Total
funds
as restated
INCOME AND ENDOWMENTS FROM
Donations and legacies
342,094
290,076
632,170
Charitable activities
Holistic bereavement care
840
840
Other trading activities
Investment income
143
5,335
143
5,335
Total
348,412
290,076
638,488
EXPENDITURE ON
Raising funds
99,678
1,142
100,820
Charitable activities
Holistic bereavement care
314,310
255,978
570,288
Page 17

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
nds
Total
funds
as restated
Total
413,988
257,120
671,108
NET INCOMEI(EXPENDITURE)
(65,576)
32,956
{32,620}
RECONCILIATION OF FUNDS
Total funds brought forward
503,819
103,975
607,794
TOTAL FUNDS CARRIED FORWARD
438,243
136,931
575,174
14. PRIOR YEAR ADJUSTMENT
The allocation of income and expenditure between the Henry Smith restricted fund and the Henry Smith
Covid restricted fund has been reststed for 2023. resulting in a change in the closing balances on
each fund, and the corresponding opening balances for 2024.
15. TANGIBLE FIXED ASSETS
Office
equipment
COST
At 1 January 2024
Additions
12,337
At 31 December 2024
DEPRECIATION
At 1 January 2024
Charge for year
11,759
At 31 December 2024
12,876
NET BOOK VALUE
At 31 December 2024
1,079
At 31 December 2023
578
Page 18

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
as restated
Trade debtors
Other debtors
Prepayments and accrued income
4,411
12,500
16,114
12.590
24,969
37.559
33,025
17. CREDITORS: AMOUNTS FALLING DUE ￿THIN ONE YEAR
31.12.24
31.12.23
as restated
Trade creditors
Social security and other taxes
Accruals and deferred income
3,672
6,164
16,871
61,201
28,360
26.707
89,561
18. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24
31.12.23
as restated
Accruals and deferred income
30,565
19. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows..
31.12.24
31.12.23
as restated
Within one year
Between one and five years
In more than five years
52.000
229,649
268,657
12,500
220.816
329,489
550,306
562,805
Page 19

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
20.
MOVEMENT IN FUNDS
Prior
year
adjustment
Net
movement
in funds
Transfers
betsveen
funds
At
31.12.24
At 1.1.24
Unrestricted funds
General fund
Designated funds
292,246
146.000
1119.011)
16,000
16.000)
189,235
130,000
438.246
1119,011)
319,235
Restricted funds
Black CoLbntry ICB
Eveson Trust
Fairer Futures
Henry Smith
Henry Smith - Covid
James Tudor
Foundation
Limoges Trust
Masonic Charitsble
Trust
Openwork Foundation
Reaching Communities
Continuation
29th May 1961 CT
Lord Austin
Awards for All
Barbara Ward
Charitable Trust
Baron Davenport
DMF Ellis
GJW Charitable Trust
2.634
12,634)
10,470
12,740)
{15.861)
13)
10,470
2,740
32.711
655
{16,850)
16,850
17,502
5,000
7.000
15,000)
17.000)
17.131
12,742
13,030)
{12,742)
14,101
56.315
{43.997)
5,000
3,000
7.671
12,318
5,000
3,000
7,671
5,250
2,000
3,000
5,000
5,250
2,000
3,000
5,000
136,928
51,616
85.312
TOTAL FUNDS
575,174
170,627)
404,547
Page 20

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
20.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as foll0v￿..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
298,621
(417,632
(119,011
Restricted funds
Black Country ICB
Eveson Trust
Fairer Futures
Henry Smith
Henry Smith - Covid
James Tudor Foundation
Limoges Trust
Masonic Charitsble Trust
Openwork Foundation
Reaching Communities- Continuation
29th May 1961 CT
Lord Austin
Awards for All
Barbara Ward Charitable Trust
Baron Davenport
Bimingham & District Nursing
Charitable Trust
DMF Ellis
GJW Charitable Trust
Harborne Parish Lands Charity
Limoge {£3k)
38,986
15,000
994
(41,620)
(4,530
{3,734
(15,861)
(34,703)
(5,000)
{7,000
{3,030
(12,742)
(89,646)
(2,634)
10,470
(2,740)
115,861)
(3)
(5,000)
(7,000)
(3,030)
112,742)
143,997)
5,000
3,000
7,671
5,250
2,000
34,700
45,649
5,000
3,000
9,996
7,000
2,000
{2,325
{1,750
3,000
3,000
5,000
8,988
3,000
{3,000)
3,000
5,000
{8,988
3,000
185.313
236.929
51.616
TOTAL FUNDS
483,934
654,561
170,627)
Page 21

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
20.
MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
in funds
At
31.12.23
At1.1.23
Unrestricted funds
General fund
Designated funds
357,819
146,000
(65,573)
292,246
146,000
503,819
(65,5731
438,246
Restricted funds
BBC Children In Need
Birmingham CCG
Black Country ICB
Eveson Trust
Fairer Futures
George Fentham
Henry Smith
Henry Smith - Covid
James Tudor Foundation
Limoges Trust
Masonic Charitable Trust
Openwork Foundation
Reaching Communities- Original
Reaching Communities - Continuation
20,786
2,113
(20,786)
(2,1131
2,634
(9,5381
2,740
11,4471
8,503
{16,584)
5,000
7,000
6.532
12,742
(18,045)
56,315
2,634
9.538
2,740
1,447
24,208
17.239
32,711
655
5,000
7,000
17,131
12,742
10.599
18,045
56,315
103,975
32,953
136 928
TOTAL FUNDS
607,794
32,620}
575,174
Page 22

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
20.
MOVEMENT IN FUNDS - continued
Comparative net movement in funds. included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
348.412
(413,9851
{65,573)
Restricted funds
BBC Children In Need
Birmingham CCG
Black Country ICB
Eveson Trust
Fairer Futures
George Fentham
Henry Smith
Henry Smith - Covid
James Tudor Foundation
Limoges Trust
Masonic Charitable Trust
Openwork Foundation
Reaching Communities- Original
Reaching Communities- Continuation
(20,786)
(2,1141
(26,252)
19,5381
16,2041
(1,4471
(62,147)
(33,435)
{20,786)
(2,113)
2,634
(9,538)
2,740
(1,447)
8,503
{16,584)
5,000
7,000
6,532
12,742
{18,045)
56,315
28,886
8.944
70,650
16,851
5,000
7,000
26,672
12.742
(20,140)
(18,045)
57,015)
113,330
290,076
257,123
32,953
TOTAL FUNDS
638,488
671,1081
32,620)
The unrestricted funds are available to be spent for any purposes of the charity.
The trustees have designated reserves of £130,000 for the following anticipated purposes..
Service development
IT infrastructure
Propety relocation and dilapidation
Hub development
£50,000
£15,000
£40,000
£25,000
All restricted funds are expended on counsellor salanes and child and family welfare costs.
21. EMPLOYEE BENEFIT OBLIGATIONS
The pension costs charged to the Statement of Financial Activities represent the amount of the
contributions payable to the schemes in respect of the accounting period.
Page 23

Edward's Trust Ltd
Notes to the Financial Ststements - continued
for the Year Ended 31 December 2024
22.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
23. ULTIMATE CONTROLLING PARTY
The charitable company is under the control of its trustees.
24. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
31.12.24
31.12.23
as restated
Net expenditure for the reporting period {as per the Statement
of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Increase in debtors
{Decreasellincrease in creditors
1170,627)
132,620)
1.117
16,5111
14,5341
32,289
2,280
15,335)
19,536)
72,935
Net cash lused in)Iprovided by operations
212,844)
27,724
25. ANALYSIS OF CHANGES IN NET FUNDS
At1.1.24
Cash flow
At 31.12.24
Net cash
Cash at bank and in hand
631,132
207,951
423.181
631,132
207,951)
423 181
Total
631 132
207 951
423 181
26. COMPANY LIMITED BY GUARANTEE
The Trust is a company limited by guarantee and has no share capital. In the event of the charity being
wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
Page 24