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2025-06-30-accounts

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THE KITCHEN TABLE CHARITIES TRUST

UNAUDITED ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] JUNE 2025

CHARITY NUMBER - 1110829

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THE KITCHEN TABLE CHARITIES TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 30[TH] JUNE 2025


The Trustees present their annual report and financial statements of the charity for the year ended 30[th ] June 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity’s trust deed, the Charities Act 2011 and 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)

OBJECTIVES AND ACTIVITIES

The Trust has been established to aid small charities struggling to survive through lack of ability to raise funds themselves. Grants are given to small charities, which are supporting the most vulnerable people in some of the poorest parts of the world. Grants are primarily made to charities already known to the trustee.

Public Benefit:

The funds are raised for distribution to smaller charities, in countries suffering from poverty and deprivation; that help in providing education and healthcare and the facilities needed for developing sustainable living.

In planning the Fund’s grant-making the trustee has kept in mind the Charity Commission’s guidance on public benefit.

Grant-Making Process:

Recommendations on grants are taken by John Humphrys on behalf of the settlors with support from Brian Donaldson, a former British Ambassador in East Africa, and William Fulton, who has operated a charity in Tanzania for many years. Both have enormous knowledge of the problems facing the world’s poorest people, especially children, and vast experience in helping them.

On the basis of recommendations received, the trustee makes awards in accordance with the Charity’s objectives.

Achievements and Performance

The Trust has continued to receive a regular flow of income from its loyal supporters. This continued donor support has enabled the trustee to make awards to 40 (2023: 34) different organisations. Whilst in many cases the sums involved are relatively small, the awards made have had significant impact on the beneficiary organisations.

Financial Review

Total income £99,371 (2024: £309,466) was received during the year. This funded grants of £154,900 (2024: £216,000) to charitable organisations. Capital investments increased in value from £245,272 to £246,480 (2024: decreased in value from £274,313 to £245,272) at the year end.

Investment Policy and Powers

The Trustees have the same full and unrestricted powers of investment in all respects as if they were the beneficial owners.

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THE KITCHEN TABLE CHARITIES TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 30[TH] JUNE 2025


The investment strategy is set by the Trustees and takes account of recent demands for funds and an assessment of expected future needs (see Reserves Policy).

The investment policy and strategy are reviewed with the investment managers at regular intervals.

Risk Management

The main risks to which the charity is exposed as identified by the trustees have been considered and systems have been established to mitigate those risks.

Reserves Policy

The Trust relies on a regular inflow of donations to support its grant making activities. Whilst there is no requirement for any funds to be held on a long-term basis the trustee will hold sufficient reserves to ensure sustainability of the grant making programmes.

The trustee is managing the reserves to balance the needs of current and future beneficiaries. It is not anticipated that the needs of beneficiaries will diminish over time.

Plans for the Future

The objectives remain unchanged for the future; the intention is for further grant making to small charities, through continued donor support.

Structure, Governance and Management

The Kitchen Table Charities Trust is a registered charity, number 1110829. It was established by a Trust Deed dated 9[th] June 2005.

Appointment and Induction of Trustees :

The power of appointing new trustees is vested in the settlors jointly during their lives and in the survivors jointly or the survivors of them during the remainder of their respective lives. The corporate trustee, LCVS, has a trustee recruitment policy that maintains a diverse mix of skills and experience that supports the governance and management of the charity. There is a balance between representation from ‘communities of interest’ and individuals with business acumen. The induction procedure for new trustees includes distribution of background information, access to all records and attendance at an organisational induction session. Following this, new trustees formally sign a declaration of willingness to serve.

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THE KITCHEN TABLE CHARITIES TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 30[TH] JUNE 2025


REFERENCE AND ADMINISTRATIVE DETAILS

Name The Kitchen Table Charities Trust The Kitchen Table Charities Trust
Charity number 1110829
Principal Office LCVS
151 Dale Street
Liverpool
L2 2AH
Settlors The Trust was established by the settlors John D.
Humphrys, Catherine J. Adey-Davies and Christopher J.
Humphrys.
Trustees Liverpool Charity and Voluntary Services (LCVS), a
corporate trustee, which is incorporated under the
Companies Act as a company limited by guarantee without
share capital as company number 181759, a registered
charity, number 223485, and a charitable Trust Corporation.
LCVS trustees, who are also its directors, were as follows
during the year.
Chair Sonia Bassey MBE (Resigned 5thJanuary 2026)
Treasurer Mike Thomas
Trustees Dorcas Akeju (Resigned 3rdDecember 2025)
Sonia Bassey MBE (Resigned 5thJanuary 2026)
Christopher D Colwell (Appointed 3rdJune 2025)
Maxine Ennis
Anna James
Dr Hardamanjit R Kaur (Resigned 23rdFebruary 2026)
Ken Perry (Resigned 2ndSeptember 2024)
John Price (Resigned 4thNovember 2024)
Anne Reading
Michael Salla
Louise Scholes (Resigned 2ndJune 2025)
Gemma Shone (Resigned 31stMarch 2026)
James A Sloan
Mike Thomas
Secretary Helen Rotheram
Independent Examiner Paula Sanchez ACCA
Score Lane
Liverpool L16 5EF
Investment Manager Rathbone Investment Management Limited
Port of Liverpool Building
Pier Head, Liverpool L3 1NW

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THE KITCHEN TABLE CHARITIES TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 30[TH] JUNE 2025


TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the Trustee, Liverpool Charity and Voluntary Services.

…………………………………… 9BBB3551D1194AC... Mike Thomas – LCVS Trustee

22 April 2026

Dated: …………………………..

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE KITCHEN TABLE CHARITIES TRUST

I report to the trustee on my examination of the accounts of The Kitchen Table Charities Trust (‘the charity’) for the year to 30[th] June 2025, which are set out on pages 7 to 14.

Responsibilities and basis of report

As the trustee of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the accounts present a ‘true and fair view’ and my report is limited to those specific matters set out in the independent examiner’s statement.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning 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 ‘true and fair view’ which is not a matter considered as part of an independent examination.

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.

Name: Paula Sanchez

Name of applicable listed body: Association of Chartered Certified Accountants Relevant professional qualification or body: ACCA

23 April 2026 Date: …………………………..

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THE KITCHEN TABLE CHARITIES TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30[TH] JUNE 2025

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Unrestricted Funds
Income Capital Total Total
Funds Funds
2025 2025 2025 2024
Income from: Notes £ £ £ £
Donations and legacies 2a 91,161 - 91,161 302,203
Investments 2b 8,210 - 8,210 7,263
----------- -------------- ----------- -----------
Total income 99,371 - 99,371 309,466
----------- -------------- ----------- -----------
Expenditure on:
Raising funds - - - 250
Charitable activities 3 161,826 - 161,826 220,765
----------- -------------- ------------- -------------
Total expenditure 161,826 - 161,826 221,015
----------- -------------- -------------- --------------
Net (62,455) - (62,455) 88,451
(Expenditure)/income
Net gain on investment 4 - 1,208 1,208 20,959
----------- -------------- -------------- --------------
Net movement in funds (62,455) 1,208 (61,247) 109,410
Reconciliation of funds:
Total funds brought
forward
162,483 245,272 407,755 298,345
----------- -------------- -------------- --------------
Total funds carried
forward
100,028 246,480 346,508 407,755
====== ======== ======= =======

The notes on pages 9 to 14 form part of these accounts.

The net movement in the funds in the year is derived from the continuing activity of the charity.

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THE KITCHEN TABLE CHARITIES TRUST BALANCE SHEET AS AT 30[TH] JUNE 2025

THE KITCHEN TABLE CHARITIES TRUST
BALANCE SHEET AS AT 30[TH] JUNE 2025
THE KITCHEN TABLE CHARITIES TRUST
BALANCE SHEET AS AT 30[TH] JUNE 2025
THE KITCHEN TABLE CHARITIES TRUST
BALANCE SHEET AS AT 30[TH] JUNE 2025
THE KITCHEN TABLE CHARITIES TRUST
BALANCE SHEET AS AT 30[TH] JUNE 2025
THE KITCHEN TABLE CHARITIES TRUST
BALANCE SHEET AS AT 30[TH] JUNE 2025
THE KITCHEN TABLE CHARITIES TRUST
BALANCE SHEET AS AT 30[TH] JUNE 2025
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30th June 2025 June 2025 30th June 2024 June 2024
Fixed assets Notes £ £ £ £
Investments 4 246,480 246,480 245,272
Current assets
Debtors 5 5,000 -
Cash balances 101,894 162,483
------------ ------------
106,894 162,483
Current liabilities
Creditors 6 (6,866) (-)
------------ ------------
Net current assets 100,028 162,483
-------------- --------------
Net assets 346,508 407,755
======== ========
Funds £ £ £ £
Income funds 7 100,028 100,028 162,483
Capital funds 7 246,480 246,480 245,272
-------------- --------------
--------------
346,508 407,755
======== ========
========

Approved and authorised for issue by the Trustees and signed on their behalf by

[Thomas] …………………………………… |[Midracl] 9BBB3551D1194AC...DocuSigned by: Mike Thomas – LCVS Trustee 22 April 2026 Dated: …………………………..

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THE KITCHEN TABLE CHARITIES TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2025


1. ACCOUNTING POLICIES

Basis of Accounting

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (SORP 2019) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The Charity has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

Going concern

At the time of approving the accounts, the trustee has reasonable expectation that the charity has adequate reserves to continue in operational existence for the foreseeable future. Thus, the trustee continues to adopt the going concern basis of accounting in preparing the accounts.

Investments

In accordance with Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2019), investments held as fixed assets are stated at fair value. Realised and unrealised gains and losses are dealt with as movements on the Capital Fund. Investments are valued at the mid-market price on the valuation date.

Fund accounting

Unrestricted funds are considered ‘free’ reserves and are available for use or retention at the discretion of the Trustees, in accordance with the charity’s objectives. Free reserves are undesignated funds available for the furtherance of the general objectives of the charity.

Restricted funds are subject to specific restrictive conditions imposed by the donor or grant making body. All restricted funds are accounted for as restricted income and expenditure for the purposes is charged to the fund. (See detail in note 9).

Income recognition

Income from investments comprises dividend income and interest and are accounted for when received in the financial year. Donations are recognised at the earlier of notification or date of receipt, in the case of the third-party donations and legacy income when received by the organisation.

Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.

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THE KITCHEN TABLE CHARITIES TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2025

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All expenditure is accounted for on an accrual basis. All expenses, including support and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities.

Raising funds costs relate to expenses incurred in the management of the investment assets. Charitable activities include grant funding, along with associated support costs, to beneficiaries. These are dealt with in the Statement of Financial Activities when payment has been approved by the charity. Governance costs relate to compliance with constitutional and statutory requirements and specifically include all costs incurred by the charity in producing the Annual Report.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

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THE KITCHEN TABLE CHARITIES TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2025

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Taxation

The charity benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions. Partial recovery is made of tax credits on UK dividend income. The charity is not able to recover Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT.

Critical Accounting Estimates and Judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates .

The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. There are not key estimates or judgements in the preparation of these accounts.

2. Income and endowments from:

Income and endowments from:
Income
Capital
Total Total
fund
Fund
Unrestricted Unrestricted
2025
2025
2025 2024
a. Donations and Legacies £ £ £ £
Donations 91,161
-
91,161 302,203
======
======
===== =====
Donations and legacies income for year end 2024 related wholly to unrestricted funds.
b. Investments
£ £ £ £
Investments dividends and
interest
8,210 - 8,210 7,623
====== ====== ===== =====

Investment income for year end 2024 related wholly to unrestricted funds.

3. Expenditure on charitable activities:

a. Analysed as follows:

2025 2024
Direct charitable expenditure: £ £
Grant funding 154,900 216,000
Grant support admin 6,121 4,140
----------- -----------
161,021 220,140
----------- -----------

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THE KITCHEN TABLE CHARITIES TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2025

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2025 2024
Support & Governance costs: £ £
LCVS accountancy fee 350 350
Independent examination 395 250
Bank charges 60 25
---------- ----------
805 625
---------- ----------
Total expenditure on charitable
activities
161,826 220,765
====== ======

In 2025, all expenditure was unrestricted (2024: unrestricted).

b. Staff Costs and Numbers

The charity does not have any employees (2024: nil)

The Corporate Trustee, Liverpool Charity and Voluntary Services (LCVS) was not remunerated for its services as Trustee. LCVS did however receive payment in the year for costs of administering the receipt of income and payment of grants as well as bookkeeping and accounts preparation. See note 8 for further information.

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THE KITCHEN TABLE CHARITIES TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2025

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The following grants were made during the year, all grants are to charities

Grants of £1,000 and over £
Madagascar Development Fund 32,000
Huge Partnership 5,300
Malawi Farmers Aid 6,000
Sierra Foundation for Life Skills 6,500
Tabs International 6,500
Up With Community 6,000
The Scion Trust 6,000
Malawi Development Group 4,500
Friends of Potter's Village 6,000
Southern Africa Resource Centre 3,500
The Wulugu Project 6,100
Health Desire Comm Based Org 6,000
Community Development Watch - Codewa 6,000
Bright Future Organisation 6,000
Action For Fundamental Change 6,000
Children Of Choba 6,500
Tiwavwire Youth Organisation 6,000
Friends Of Sick Malawi 6,000
Conforti Community Aid Children Org 6,500
Rural Health Mission Nigeria 6,000
ESAEDEF 6,000
Kyetume Persons With Disability 5,500
----------
154,900
Grants under £1,000 -
----------
Total grants 154,900
======
4. Fixed Asset Investments
Fixed Asset Investments
2025 2024
Quoted investments: £ £
Market value at 1stJuly 2024 245,272 274,313
Withdrawals - (50,000)
Unrealised gains on investment assets 1,208 20,959
-------------- --------------
Market value at 30th June 2025 246,480 245,272
======== ========
Book value at 30th June 2024 209,894 209,894
======== ========

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THE KITCHEN TABLE CHARITIES TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2025

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The trust holds 100% of its investments in a Charity Commission approved pooling scheme, the Settlors’ Trust Fund (STF), administered by Liverpool Charity and Voluntary Services and managed by Rathbone Investment Management Ltd.

At 30[th] June 2025, the assets of the STF fund had a total market value of £34,091,813 (2024: £33,821,443) of which £246,780 (2024: £245,272) is an asset of the trust.

5. Debtors

5. Debtors
2025 2024
£ £
Debtors 5,000 -
===== =====
6. Creditors
2025 2024
£ £
LCVS Grant Admin Fee 6,121 -
LCVS accountancy fee 350 -
Independent examination fee 395 -
--------- ---------
6,866 -
===== =====

7. Unrestricted Funds

Income Fund - Investment income and donations received for distribution as grants to individual young people and charitable voluntary youth organisations.

Capital Fund - Funds held provide income for the on-going activities of the trust.

8. Related Party Transactions

Charitable Activities : grant administration to LCVS, £6,121 (2024: £4,140) grant making administration costs payable to LCVS. Governance Costs: these include £350 (2024: £350) payable to LCVS in respect of accountancy and trust administration.

Creditors : balance includes £6,591 (2024: £nil) payable to LCVS at the year end. LCVS is related to the Fund by virtue of being the corporate trustee.

No trustee received remuneration or expenses as part of their role as Trustee of the charity

During the year the Trust made grants totalling £32,000 (2024: £24,000) to the Madagascar Development Fund for which Brian Donaldson who is a Patron. Its income is also administered by LCVS.

No trustee received remuneration or expenses as part of their role as Trustee of the charity.

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