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Charity number: 1112925
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UNAUDITED
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TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED& APRIL 2025
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“7 * "THE ATKIN CHARITABLE FOUNDATION
CONTENTS
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| Reference and Administrative Details ofthe Charity, its Trustees and Advisers | 4 |
| Trustees’ Report | 2-4 |
| Independent Examiner's Report | 5 |
| Statement of Financia! Activities | 6 |
| Balance Sheet | 7 |
| NotestotheFinancialStatements | 8-15 |
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cee EE TTC TA TSS LE TN REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2025 i tl
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Trustees E Atkin C Atkin R Atkin L Atkin B Gold (resigned 27 July 2025) R Carlton (appointed 27 November 2024) C Lawrence (appointed 27 November 2024) R Harris (resigned 27 July 2025) Charity registered number 4112925 Principal office 16 Rosemont Road London NW3 6NE Secretary R Harris Accountants Nyman Libson Paul LLP Chartered Accountants 124 Finchley Road London NW3 5JS Bankers Coutts & Co 440 Strand London WC2R 0QS
Lb
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TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2025
The Trustees present their annual report together with the audited financial statements of the charity for the year § April 2024 to 5 April 2025. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (GORP), applicable to charities preparing their accounts In accordance with Financial Reporting Standard applicable in the UK and Republic of lreiand (FRS102) (effective 1 January 2019}.
Objectives and activities
a. Policies and objectives
In compliance with the duty set out in section 4 of the Charities Act 2011 and In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit. In deciding which institutions fo provide grants to, the trustees given careful consideration to charities that share the foundation’s objectives.
b. Strategies for achieving objectives
The foundation is established as a charity whose objects are the relief of poverty, distress and sickness, the advancement of education, the protection of health and for any other charitable purpose. These objects were met during the year by the making of grants.
c. Main activities undertaken to further the charity's purposes for the public benefit
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2)'.
Achievements and performance
a. Main achievements of the charity
During the period, donations of £750,000 (2024: £Nil) were received and charitable grants of £893,000 (2024: £693,000) were made.
Financlal review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
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iHN TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED & APRIL 2025
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b, Reserves policy
The financial position of the foundation is strong, The foundation ts funded by the private donations from the Atkin family and it is anticipated that the support of the Atkin Family will be available to the foundation as required. ft is the policy of the Trustees to retain a fund of such value as to generate adequate investment income for future spending plans. The Trustees wish to safeguard the foundation's ability to support it's beneficiaries in the future and are to achieve this by judicious management of its resources.
Total amount of unrestricted fund held at year end is £1,221,196 (2024: £1,326,152).
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Structure, governance and management
a, Constitution
The Atkin Charitable Foundation Is a charity set up by a trust deed dated 20 January 2006, which allows for the activitles covered by the charity's objective with no specific restrictions. The Atkin Charitable Foundation is registered as a charity with the Charity Commission. b. Methods of appointment or election of Trustees Thesix. trustees are appointed by invitation of the original setflors of the Charitable Trust to a maximum number of
c. Organisational structure and decision-making policies
The trustees meet at regular intervals to discuss and formulate policy which they implement. There are no paid employees.
d. Policies adopted for the Induction and training of Trustees
The induction and training of trustees is carried out informally by existing trustees.
e. Financial risk management
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are In place to mitigate exposure to the major risks.
The charity's financial control systems have been reviewed by the trustees and they are satisfied that these are appropriate to the types of activities undertaken by the charity. The trustees are satisfied that any major risks have been identified and have been mitigated
Plans for future pertods
The Atkin Charitable Trust plans to continue to operate into the farseeable future with the continued objective of providing grants to Institutions working towards the relief of poverty, distress and sickness.
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TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED & APRIL 2025
Statement of Trustees‘ responsibilities
The Trustees are responsible for preparing the Trustees’ Report and the 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 & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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. observe the methods and principles of the Charities SORP (FRS 102);
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. make judgments and accounting estimates that are reasonable and prudent;
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. state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity
and enable them to ensure that the financial statements comply with the Charittes Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safequarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members of the board of Trustees on
gra Felarnany Ro [2] [&] and signeda on their behalf by:y
E Atkin
(Trust b WA
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INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 5 APRIL 2025
A
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independent Examiner's Report to the Trustees of The Atkin Charitable Foundation (‘the
charity‘)(report to the charity Trustees on my examination of the accounts of the charity for the year ended 5 April 2025.
Responsibilities and Basis of Report
As tha Trustees 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}.
{ raport 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 | have followed the applicable Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. | confirm that ! am qualified to undertake the examination because | am a member
of (enter body here), which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with 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) in
preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April
2005 which is referred to in the extant regulations but has been withdrawn.
| understand that this has been done In order for the accounts to provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
| have completed my examination, | confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that In any material respect:
4. 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.
| 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 orderto enable a proper understanding of the accounts to be reached.
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charitles
(Accounts and Reports) Regulations 2008. My work has been undertaken so that | might state to the charity's
Trustees those matters | am required to state to them in an Independent Examiner's Report and for no other
purpose. To the fullest axtent permitted by law, | do not accept or assume responsibilily to anyone other than the
charity and the charity's Trustees as a body, for my work or for this report.
Andrew Thomas ACA
Signed: Choe Dated: 3 February2026
Nyman Libson Paul LLP
Chartered Accountants
124 Finchley Road
London
NW3 5JS
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED & APRIL 2026
| Unrestricted | Totat | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2025 | 2025 | 2024 | ||
| Note | £ | £ | £ | |
| income from: | ||||
| Donations and legacies | 4 | 750,000 | 750,060 | - |
| Investments | 5 | 44,932 | 44,932 | 35,604 |
| Total income | 794,932 | 794,932 | 35,604 | |
| Expenditure on: | ||||
| Charitable activities | 899,888 | 899,888 | 699,784 | |
| Total expenditure | 899,888 | 899,888 | 699,784 | |
| Netmovement in funds before other recognised | ||||
| gains/{tosses) | (104,956) | (104,956) | (664,180) | |
| Netmovement in funds | (104,956) | (104,956) | (664,180) | |
| Reconciliation of funds: | ||||
| Total funds brought forward | 1,326,152 | 1,926,152 | 1,990,332 | |
| Net movement in funds | {104,956} | (104,956) | (664,180) | |
| Totalfundscarriedforward | 4,221,196 | 4,221,196 | 1,326,152 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 15 form part of these financial statements.
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a tenance
BALANCE SHEET
AS AT 5 APRIL 2025
nc
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Current assets | |||||
| Debtors Cash atbankand inhand |
4 | 151,770 7,080,346 |
- 4,933,472 |
||
| 1,232,416 | 1,333,472 | ||||
| Creditors: amounts fallingduewithinone year |
42 | (10,920) | (7,320) | ||
| Netcurrentassets | 1,221,196 | 1,326,152 | |||
| Total netassets | 1,221,196 | 1,326,152 | |||
| Charity funds Unrestricted funds |
13 | 1,221,196 | 1,326,152 | ||
| Totalfunds | 1,224,196 | 1,326,152 |
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The financial statements were approved and authorised for issue by the Trustees on mrt fel,puary LOR and signed on their behalf by:
E Atkin
(Trustee) The notes on pag 's BAo 15 form part of these financial statements.
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(nasserST yrs RpUAameereuprerrsrintsunsenrer
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
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1. General information
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The Atkin Charitabie Foundation is a charity registered in England & Wales. Its registered office address is 16 Rosemont Road, London, NW3 6NE.
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2. Accounting policies
2.1 Basts of preparation of financial statements
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The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a ‘true and fair' view and have departed from the Charities (Accounts and Reporis) Regulations 2008 only to the extent required to provide a ‘true and fair’ view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn,
The Atkin Charitable Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initlally recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The charity's functional and presentational currency is GBP.
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2.2 Fund accounting
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General funds are unrestricted funds which are avallable for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have nat been designated for other
purposes.
Investment income, gains and tosses are allocated to the appropriate fund.
2.3 Going concern
The trustees have reviewed the circumstances of the charity, and consider that adequate resources
continue to be available to fund the activitles of the charity for the foreseeable future. The trustees
consider that there are no material uncertainties about the charity's abilily to continue as a going
concern.
2.4 Income
Allincome is recognised once the charity has entitlement to the Income, it is probable that the Income
will be received and the amount of income receivable can be measured reliably,
Income tax recoverable in relatian to donations received under Gift Ald or deeds of covenant is
recognised at the time of the donation.
Income tax recoverable In relation to investment income is recognised at the time the investment
incoma Is receivable.
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ars
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
eCUTerT
2. Accounting policies (continued)
2.5 Expenditure
: Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
i to a third parly, it is probable that a transfer of economic benefits will be required in settlement and
| the amount of the obligation can be measured reliably.
Grants payable are charged in the year when the offer is made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions altaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a
commitment, but not accrued as expenditure.
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Governance costs are those incurred in connection with the administration of the charity and
compliance with constitutional and statutory requirements.
i 2.6 Interest receivable
| Interest on funds held on deposit is included when receivable and the amount can be measured
i rellably by the charity; this is normatly upon notification of the interest paid or payable by the institution
H with whom the funds are deposited.
| 2.7 Debtors
; Trade and other debtors are recognised at the settlement amount.
: 2.8 Cash at bank and in hand
: Cash at bank and in hand Includes cash and short-term highly liquid investments with a short maturity
: of three months ar fess from the date of acquisition ot opening of the deposit or similar account.
2.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past
f event, It is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated rellably.
Liabllitles are recognised at the amount that the charity anticipates it will pay to settle the debt or the
[ amount it has received as advanced payments for the goods or services it must provide.
| 2.10 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
: instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
3. Critical accounting estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and other factors, Including expectations of future events that are believed to be reasonable under the circumstances.
Critical accounting estimates and assumptions:
There are no accounting estimations or assumptions in the accounts that are considered fo be critical.
4, Income from donations and legacies
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Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
Donations 750,000 750,000 -
lll onmqq=l[——————_= ka
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- Investment income
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Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
44,932 44,932 35,604
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Investment income
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ny cst sre TU EPP yr PP
APs BSAPage 10
‘
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peerrt
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| Rareerrr | errrperee erat0 TD Tye rrrevrrrrrevrrvunrarat sesseddS sh AT |
Ss | Si | nisrasusitl, |
|---|---|---|---|---|
| NOTES TOTHEFINANCIAL STATEMENTS | ||||
| FORTHE YEAR ENDED 6APRIL | 2025 | |||
| 6. | Analysis ofgrants | |||
| Grants to | Total | |||
| Institutions | funds | |||
| 2025 | 2025 | |||
| £ | £ | |||
| Grants payable to institutions | 893,000 | 893,000 | ||
| Grants to | Total | |||
| Institutions | funds | |||
| 2024 | 2024 | |||
| £ | £ | |||
| Grants payable to institutions | 693,000 | 693,000 | ||
| 7. | Analysis ofgrants payable to Institutions | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Ability Net | 10,000 | 10,000 | ||
| Alzheimers Society | 10,000 | 10,000 | ||
| AngloIsraelAssociation British Library |
- 410,000 |
10,000 - |
||
| CampSimcha Caring Matters Now |
20,000 30,000 |
20,000 30,000 |
||
| ChaiCancer Research | 30,000 | - | ||
| Chatham House CommunitySecurityTrust Design Museum |
- 30,000 - |
30,000 25,000 16,000 |
||
| GreatOrmond StreetHospltal | 25,000 | 25,000 | ||
| HackneyEmpire | 25,000 | 25,000 | ||
| Hampstead Theatre JAMI |
15,000 410,000 |
15,000 10,000 |
||
| JewishCare Jewish Communily SecondarySchools |
40,000 25,000 |
40,000 - |
||
| JewishWomens Aid | 10,000 | - | ||
| JWE Trust | 15,000 | 15,000 | ||
| London SymphonyOrchestra | 30,000 | - | ||
| Macmillan Cancer | 40,000 | 10,000 | ||
| Magen DavidAdom UK | 40,000 | 40,000 | ||
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
| Marie Curie Foundation | 10,000 | 10,000 | |
|---|---|---|---|
| National Holocaust Centre& Museum | 12,000 | 12,000 | |
| National Theatre | 10,000 | 20,000 | |
| Noahs Ark Hospice | 10,000 | 20,000 | |
| Norwood | 25,000 | 25,000 | |
| Refuge | : | - | - |
| Roundhouse Trust | 80,000 | 80,000 | |
| Royal Institute | 25,000 | - | |
| Royal Academy ofArts | 8,400 | 8,400 | |
| Southbank Centre | 10,000 | - | |
| Royal Opera House Foundation | 30,000 | 35,000 | |
| Stroke Associations | 10,000 | 10,000 | |
| Storehouse | 40,000 | - | |
| StJohns Hospice | 20,000 | 20,000 | |
| Tate Foundation | 20,000 | 20,000 | |
| Tomorrows Warrior Trust | 10,000 | - | |
| The HenryJackson Society | 20,000 | - | |
| Victoria and Albert Museum | 20,600 | 20,000 | |
| Grants of£8,000 and betow | 107,600 | 117,600 | |
| TotalGrantsPaidtoInsfitutions | 893,000 | 693,000 |
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i rnenterecentenntntimniininnaA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
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aITE
8. Analysis of expenditure by activities
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|||||||
|---|---|---|---|---|---|
|Grant|
|funding|of|Support|Total|
|activities|costs|funds|
|2025|2025|2025|
|£|£|£|
|Grants|payable|to institutions|893,000|6,888|899,888|
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Included within support costs are governance costs of £6,900 (2024: £6,800) consisting of legal, professional and independent examination fees directly attributable to the governance of the charify.
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|---|---|---|---|---|---|
|Grant|
|funding|of|Support|Totat|
|activities|costs|funds|
|2024|2024|2024|
|£|£|£|
|Grants|payable|to institutions|693,000|6,784|699,784|
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- independent examiner's remuneration
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||||||||||
|---|---|---|---|---|---|---|---|---|
|2025|2024|
|£|£|
|:|Fees|payable|to the|charity's|Independent|examiner for|the|independent|
|examination of the|charity's|annual|accounts|3,600|3,660|
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- Trustees’ remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - ENIL).
During the year ended 5 April 2025, no Trustee expenses have been incurred (2024 - ENIL).
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teen NOTES TO THE FINANGIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL. 2025
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11. Debtors
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|||||||
|---|---|---|---|---|---|
|2025|2024|
|£|£|
|Due|within|one year|
|Other debtors|150,000|-|
|Prepayments|and|accrued|income|1,770|-|
|151,770|-|
|42.|Creditors:|Amounts|falling|due within|one year|
|2025|2024|
|E|£|
|Accruals|10,920|7,320|
|13.|Statement|of funds|
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Statement of funds - current year
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||||||||||
|---|---|---|---|---|---|---|---|---|
|Balance|at|6|Balance|at|5|
|April|2024|Income|Expenditure|April|2025|
|£|£|£|£|
|Unrestricted|funds|
|General|Funds|-|all|funds|1,326,152|794,932|(899,888)|1,221,196|
|Statement of funds|-|prior|year|
|Balance|at|Balance|at|
|41|April 2023|Income|Expenditure|5 April 2024|
|£|£|£|£|
|Unrestricted|funds|
|General|Funds-|all|funds|1,990,332|35,604|(699,784)|1,326,152|
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peernerN “SOME ATKIN CHARITABLE FOUNDATION =
sonenann area
amet
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
ne et
14. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Analysis of net assetsassets between funds - current yearcurrent yearyear | ||
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2025 | 2025 | |
| £ | gE | |
| Current assets | 1,232,116 | 1,232,418 |
| Creditors due within one year | (10,920) | (10,920) |
| Total | 1,221,196 | 1,221,196 |
| Analysis ofnetassets between funds- prioryear | ||
| Unrestricted funds |
Total funds |
|
| 2024 | 2024 | |
| £ | £ | |
| Current assets | 1,333,472 | 1,333,472 |
| Crediforsduewithin oneyear | (7,320) | (7,320} |
| Total | {,326,152 | 4,326,152 |
15. Related party transactions
Governance costs includes £3,000 (2024; £3,000) in respect of professional services payable to Adler Shine LLP, a firm in which R Harris is a consultant.
During the reporting period, the charity received aggregate donations from the trustees amounting to £750,000 (2024: £Nil).
There were no further related party transactions that required disclosure during the year.
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