PHILIP AND JUDITH GREEN TRUST FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025
PHILIP AND JUDrrH GREEN TRUST INDEX Year end•d 31 March 2025 Page General infomiatlon TNstees' annual report Indepéndent examlnorfs report ststement of flnanclal activllles Balance sheet Not8s to the flnanclal $tal8ments
PHILIP AND JUDITH GREEN TRUST GENERAL INFORMA TION Year ended 31 March 2025 Truste88 P N Green J A Green Charlty reglstsred number 1109933 Prlnclpal offl¢• Marchfield Flowers Hlll Pangbourne Reading RG8 7BD Ind•pondent •xamln•r David Mellor ACA CTA Dlxon Wllson 22 Chancery Lane London WC2A 1LS Bankern C Hoare & Co 37 Fleet Street London EC4P 4DQ Investment managers Roihschlld & Co New Court st Swithin's Lana London EC4N 8AL
PHILIP AND JUDfTH GREEN TRUST TRUSTEES, ANNUAL REPOR T Year ended 31 March 2025 The trust submlt the 8nnual report together with the accounts of the charity for the year lo 31 March 2025. The accounts comply with current statutory requirements and are In Complian wilh the relevant Provisions of the Ch8Mlle3 Act 2011, the trnst deed and Accounting and Reporting by Ch8r6tle8.' Statement of Recommended Pracllce 8pplicable lo charities prep8rtng their accounts In accordance with the Financial Reporting Stsndard applicable in the UK 8ThJ Republic of Ireland IFRS 1021. The repNt should be read in nInCtiOn the gen8ral infom)atton provldèd on page 2. Admlnlstratlv• Infornmtlon Th8 Philip and Judith Green Trust Is a charfty re$tered the Chgrity Ccfflmlsslon, regIstratl numbgr 1109933. It18 govem&J by a trust deed dated 5 March 2005. 8lnKturo, gov•manw Ind managKrt•nt The truslegs who have served durfng the year are those shown on pag8 2. Trusloes are appclntsd by a reSotIOn of the tnJsle88 passed al a 8pecl£l meetong. The day to day runnlng ofthe trust Is managed by thg tsuslees. Oblocllvo8 and actlvltl The charfty's obJe¢Xs 8rg to advance Ihg educatk>n and support the devekpment of pupils in underprfvSleged communltles th oversea5 and in the UK and ID advance the ChrlsU8n fallh for the bgnefil ol Ihe publlc by supwb'ng mlsskjnaries d lo indude the upkeep and proviskn of places of worshlp both overseas and in the UK. Th8 policies adopted in lurlherdrKe of these objects are provkllng assistance In the provislon of fac415118s for education and supporting mlsslonarf88, there ha8 been no change In Ih8se during the year. Publlc b•nofft The Iru8tees, having regard to the public benefit guidance published by the Charfty Commisslon In accordance w(Ih sectlon 17 of the CharfUe8 Act 2011. considgr that the purpose and actlvllles of the charity satisfy the requlrements ofthe publlc ben&flt lest Set out In sectlon 4 of th8 38 act. Flnanclal Mvlew and rlsk mJnag•ment There was a defidl for the ye8r of £34412024- sUlUS of £8,660I, th retalneil fvnds of £9,34512024 - £9.689181 thè year end. Donatlons n81 of gift of £01,98912024 - £99.9101 were received durfng the yaar and used to fulill th8 charfty's dJi8Ctives. The trustees have assessed the major risk8 to %%thlch the ch8rfty is exposed and are s8lLgfled that systems are in pl8C8 to mlogate exp)surn to the may rfsk8. A¢hl•vem•nts and P•rfornianc• The charity suppjrted 1012024- 101 Institutions. MISSILarte6 8nd othgr ¢yganl8aJorts duriro the year don8llng 8 tot81 of £68.05512024- £88,695). R•s•rv•• 11 Is the pollcy of the Gharity that unre$lrict8d fiJnds whkh have not be8n de*nated for 8 speafic use shoukj be maintalned at a level equivalent to at 18ast belween three and six months, expendittjrg. The trustses wn5ider that reseryes at this level wlll gn8ure that, in th8 gvent ol 8 significant dnjp In fiJndirvJ, they will be ablo to conunue the charity's current activitigs whllg ¢Sidera100n Is givgn to ways in whlch a(1dilioI fund3 may be raI5ed. 11 Is not the Iruslees. policy to ovw4istrlbute incom8. The carried forward unrgstri¢t9d fvnds surplus at 31 March 2025 was £9,34512024 - £9,689). Sl9ned on tho tru8E805' behalf by: EE Tnjsle 2026
PHILIP AND JUDITH GREEN TRUST INDEPENDENT EXAMINER'S REPOR T Year ènded 31 March 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PHILIP AND JUDITH GREEN TRUST I'THE TRUST. I report lo the trustees on my examination of the accounts of the Trust for th6 year ended 31 March 2025. Re8ponsibllltl•8 and bas18 of report As the charity trustees of the Trust you ar8 responsible for the preparation of th8 accounts in accordance with the r8quirements of tho Charities Act 2011 I'lhe Act,). You ar& satisfied that an audll 1$ not required for thls year und8r charlty law and that an Independenl examination Is n88ded. I report In respect of my examinallon of the Trust's accounts carriéd out under secllon 145 of the 2011 Act and in carrylng out my examination I have followed all the applicable Direction5 given by the Charity Commission under secllon 14515)Ibl of the Act. Dixon Wilson, a firm of Chartered Accountants of v4hl¢h I am a partner ha5 provided bcokkeeplng services to the Trust and I have applied tho FRC'S Revlsed Ethical Standard In carrying out my &xaminallon. An independent examination do85 not involve gathering all the evidence that would be required In an audll and consequently does T1 cover all the matters than an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance Ihal an independent examination can provide. Consequently, l express no opinion as to whether the accounts present a 'true and fair. view and rny report is limited lo those speclfic matters set out In the independent examiner's Statement. Independent exarnlner's staternent l am qualified to undertake the examlnalion by being a qualified member of the Inslilule of Charter8d Accountants in England and Wales. I have completed my examination. I confl that no material matters hav8 come to my attention In connection wllh the examination gfvlng Me cause to believe that In any m8terial respect. accounting records were not kept In raspect of the Trust 8$ required by soctlon 130 of the Acl; or 2. the accounts do not accord with those records; or 3. the accounts do not comply wlth the applicable requirements concernlng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and falr vlew, which is not a matter ¢onsid8r8d as part of an Independent examination.. or 4. the accounts have not been prepared in a¢cordance wSth the methods and prlnclples of the Statement of Recommended Practice lor accounting and reportiro by charities applicable to charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems and have come across no matters in connecllon with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be rgached. VID MELLOR ACA CTA Dixon Wilson 22 Chancery Lane London WC2A 1 LS 2026
PHILIP AND JUDrrH GREEN TRUST ST A TEMENT OF FINANCIAL ACTIVITIES Year anded 31 Mar¢h 2025 2025 Total 2024 Total Note Income and expendlture Income from: Donations and18ga¢les Gift aid Interest Inm& 81,989 11,250 93 99,910 101 Totsl 73,332 100,011 Exp•ndlture on: Charitable activrties: Donations payable In furtherance of Ihe ¢harity'5 objects - GoVernae costs 68.055 8.564 88,695 8.015 Totsl 76.819 96,710 Gains on investment assets 2,943 5,359 Net expendfturo and movement In funds 1344) 8,660 Reconclllatlon of fund•: Total funds brought forward at 1 April 2024 Total funds ¢arriod forward at 31 March 2025 (page 6) 9,689 1,029 9,345 9,689 All amounts are attribulabl8 to conllnulng operations.
PHILIP AND JUDITH GREEN TRUST BALANCE SHEET At 31 March 2025 Note 2025 2024 Flxed assats Investments Currnnt a88el• Cash at bank Cash 8t investm8nt managers Debtors 2,735 10,972 2,729 11,250 13.985 {4,640) 9.345 13.701 {4,012J 9,689 Crgdltor•: amounts falllng due wlthln one y•ar Not currnnt a880ts Total net ass•t8 9,345 9,689 The funds of the Charlty: Unrestricted funds {page 5) 9.345 9,689 In accordance with the engagement letter date 11 December 2018, we approve the accounts as set out on pages 5 to 8. We acknowledge our responsibility for the accounts, including the appropriateness of the accounting pollcles as set out on page 7, and for providing Dixon Wllson with all information and explanations necessary for its wnpllalion. The financial ststemenls on pages 5 to 9 were approved by the trustees on were signed on their behalf by.. 2026 arKI EN J A GREEN Truste8 Trustee
PHILIP AND JUDITH GREEN TRUST NOTES TO THE FINANCIAL ST A TEMENTS Year ènded 31 March 2025 Accountlng policies Summary of slgnlflcant a¢¢ounting policies and koy accountlng estimates The princlpal accounting policies applied in the preparation of these financial statements are set OLrt below. These policies have been consistently applied lo all the years presenle(I, unless otherwise slated. Basls of pr•paratlon The financlal slalements have boon prepared under the historical cost convention with Items recognked al cost or transactlon value unless otherwise stated in the relevant notes lo these accounts. The fi'nanclal slalements have been prepared in accordanco with the Accountlng and Reporting by Charities.. Statement of Recommended Practi¢e applicable lo charilies pr8paring their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 and the Chariti8S Act2011. The trust constitutes a publlc b8nefit entity as defined by FRS 102. Golng con¢em The financlal statem8nts have been prepared on a going concem basis. The charity recelves donallons from Tru5te8s In advance of maklng grants and as such the Tru5te8s consider the charfty Is able to adopt the golng concem basis. Incomlng resource8 All incoming resources are included in the Statement ol Financial Activities when the charlty Is legally entitled to the Income and the amount can be quantified with reasonable accuracy. Income tsx fecoverable in relation to donations received Urer Gfft Aid or deeds of covenant is recognised at the lime of the donatS0n. Donations and grants payablo Expenditure on grants Is recorded once the charlty has made an unconditional commitment lo pay the grant and this is communtcated lo the beneficiary or th8 grant has been pald, whlchever Is th& eadier. Other expenditure is included on an accruals basls. Taxatlon The charity Is exempt from taxation under sectlons 52110 536 of the IoMe Tax Act 2007. Flxod a88•t InstMents Investments are a form of basic financial instrument and are initially recognized al their transaction value and subsequentty measured al Ihelr fair value al the balance Sheet date using the closing market price. Th& statement of financial activities includ8S the not gains and k)s5es on revaluation and disposals throughout the year.
PHILIP AND JUDITH GREEN TRUST NOTES TO THE FINANCIAL ST A TEMENTS Year ended 31 March 2025 Donatlons payable Under section 16.25 of the Charities SORP IFRS 102), the charity has elected lo apply the disclosure exemption and therefore is not discI1ng a breakdown of the grants and donations payable. The principal charitable activity of the charity is th8 provision of grants to institutions, and support to missDnaries. Govomanco costs 2025 2024 Accountancy fees Bank charges Reimbursement of trustee expens88 2,640 390 5,534 2,012 410 5,593 8.015 8,564 Donated Investments Fair value at 1 Aprll 2024 Additions at cost Dlsposal proceeds Nel realised gain Falr value al 31 March 2025 16.989 (19,9321 2,943 Stsff coots The charlty has no employees other than the trustees, who did not receive any remuneratlon (2024- £nil). Creditor8: Amounts falllng due whhln on• yèar Other creditors Accruals 2.640 2,000 3,813 2,000 5,813 4.640 Deblor5 Gift aid repayable 11.250 11,250
PHILIP AND JUDrrH GREEN TRUST NOTES TO THE FINANCIAL ST A TEMENTS Year endod 31 March 2025 Related party transactlon8 Aggregate donatlons received from Trustees net of ghl aid wtthout condltions totalled £61,989 (2024 - £99,910). TNstee expenses totalling £5,534 {2024- £5,593) were r8lmbursed durlng the yoar In resP6Ct oftravel costs.