Trustees Report for the year ended 30[th] April 2025
Charity Details
The Angela Webster Education Trust, 10 Wellington Street, Cambridge,CB1 1HW Charity Number 119313.
The Trustees throughout the year were Dr Mary Scott, Dr Alicia Fenteman, Dr Marianne Bruggemann and Andrew Webster
Structure, governance, and management
The Trust is controlled by the Trustees at quarterly meetings. The day to day management of the Trust is conducted by Andrew Webster as Chair of Trustees with the full-time employee Aryan Frahand.
Objectives and activities
The stated objectives of the Trust remain “Raising funds to provide support for education in Parkside School, Cambridge and to support education for women and girls in countries where such support is restricted by their government”
The activities of the Trust included making donations to organisations working to support the education of women and girls, to Parkside school and has established the infrastructure to support its own initiative to educate and train midwives outside the UK.
Achievements and performance
The charity has made significant donations including SOS Children’s Villages and OMID as well as support for Parkside schools.
The initial planning of the charities own project overseas is now well advanced and the first programme is due to start in June 2025.
Financial review (including reserves policy)
The Charity has been successful in attracting significant donations in the year with aim of establishing a fund to ensure the long term future of the charitable work to support the education of women and girls.
The management of the reserves and investments of the charity are based on the policy that we want the charity to have the funds to be able to continue its activities for at least 15 years until 2040. The present Trustees would be content for the reserves of the charity to be exhausted by that time.
Statement on public benefit
We believe that the charities stated aims and activities to support the education and training of women and girls in countries which restrict such activities is for the public benefit.
Risk management
The mangers of the investment funds of the charity have been given a brief that the funds are to be invested with low to medium risk.
The sole employee of the charity in the UK is a home based worker and we do not believe that there are any significant risks to their well being.
Fundraising disclosures
In accordance with best practice the Trustees declare that the only fund raising activities of the charity is that the Trustees personally invite friends, and existing business contacts to support the charity with donations. The majority of the donations have come from clients of websters – tax advisers of which Andrew Webster is the Chairman and Founder.
Andrew Webster Chair of Trustees
| The Angela Webster Education Trust | The Angela Webster Education Trust | The Angela Webster Education Trust | The Angela Webster Education Trust | The Angela Webster Education Trust | Charity No | Charity No | Charity No | Charity No | 119313 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FOR ENGLAND AND WALES | Annual accounts for the period | Annual accounts for the period | Annual accounts for the period | ||||||||||||
| 01-May-24 | To | 30-Apr-25 | |||||||||||||
| Section A Statement of financial activities | Section A Statement of financial activities | Section A Statement of financial activities | Section A Statement of financial activities | ||||||||||||
| Recommended categories by activity Incoming resources (Note 3) |
Guidance Notes | Unrestricted funds £ F01 |
Restricted income funds £ F02 |
Endowment funds £ F03 |
Total funds £ F04 |
Prior year funds £ F05 |
|||||||||
| Income and endowments from: | |||||||||||||||
| Donations and legacies | S01 | 733,454 | - | - | 733,454 | 300,000 | |||||||||
| Charitable activities | S02 | - | - | - | - | - | |||||||||
| Other trading activities | S03 | - | - | - | - | - | |||||||||
| Investments | S04 | 8,788 | - | 8,788 | - | ||||||||||
| Separate material item of income | S05 | - | - | - | - | - | |||||||||
| Other | S06 | - | - | - | - | - | |||||||||
| Total | S07 | 742,242 | - | - | 742,242 | 300,000 | |||||||||
| Resources expended (Note 6) | |||||||||||||||
| Expenditure on: | |||||||||||||||
| Raising funds | S08 | - | - | - | - | - | |||||||||
| Charitable activities | S09 | 75,200 | - | - | 75,200 | - | |||||||||
| Separate material item of expense | S10 | - | - | - | - | - | |||||||||
| Other | S11 | 12,986 | - | - | 12,986 | - | |||||||||
| Total | S12 | 88,186 | - | - | 88,186 | - | |||||||||
| Net income/(expenditure) before investment | Net income/(expenditure) before investment | Net income/(expenditure) before investment | |||||||||||||
| gains/(losses) | S13 | 654,056 | - | - | 654,056 | 300,000 | |||||||||
| Net gains/(losses) on investments | S14 | - | - | - | - | - | |||||||||
| Net income/(expenditure) | S15 | 654,056 | - | - | 654,056 | 300,000 | |||||||||
| Extraordinary items | S16 | - | - | - | - | - | |||||||||
| Transfers between funds | S17 | - | - | - | - | - | |||||||||
| Other recognised gains/(losses): | |||||||||||||||
| Gains and losses on revaluation of fixed assets for the charity’s own use | Gains and losses on revaluation of fixed assets for the charity’s own use | S18 | - | 13,559 - |
- | - | - | 13,559 - |
- | ||||||
| Other gains/(losses) | S19 | - | - | - | - | - | |||||||||
| Net movement in funds | S20 | 640,497 | - | - | 640,497 | 300,000 | |||||||||
| Reconciliation of funds: | |||||||||||||||
| Total funds brought forward | S21 | 441,947 | - | - | 441,947 | 141,947 | |||||||||
| Total funds carried forward | S22 | 1,082,444 | - | - | 1,082,444 | 441,947 | |||||||||
| 1 |
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The Angela Webster Education Trust Charity No 119313
Annual accounts for the period 01-May-24 to 30-Apr-25
Section B Balance sheet
Restricted
Unrestricted income Endowment Total this Total last
funds funds funds year year
£ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) B01 - - - - -
Tangible assets (Note 14) B02 - - - - -
Heritage assets (Note 16) B03 - - - - -
Investments (Note 17) B04 383,656 - - 383,656 -
Total fixed assets B05 383,656 - - 383,656 -
Current assets
Stocks (Note 18) B06 - - - - -
Debtors (Note 19) B07 - - - - -
Investments (Note 17.4) B08 353,717 - - 353,717 441,947
Cash at bank and in hand (Note 24) B09 349,482 - - 349,482 -
Total current assets B10 703,199 - - 703,199 441,947
Creditors: amounts falling due within
one year (Note 20) B11 4,411 - - 4,411 -
Net current assets/(liabilities) B12 698,788 - - 698,788 441,947
Total assets less current liabilities B13 1,082,444 - - 1,082,444 441,947
Creditors: amounts falling due after one
year (Note 20) B14 - - - - -
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 1,082,444 - - 1,082,444 441,947
Funds of the Charity
Endowment funds (Note 27) B17 - - -
Restricted income funds (Note 27) B18 - - -
Unrestricted funds B19 1,082,444 - 1,082,444 441,947
Revaluation reserve B20 -
Fair value reserve B21
Total funds B22 1,082,444 - - 1,082,444 441,947
Signed by one or two trustees/directors on behalf of all the Date of approval
Print Name
trustees/directors dd/mm/yyyy
Andrew Paul Webster 30/06/2025
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The Angela Webster Education Trust
Report of the trustees for the year ended 30th April 2025
The trustees present their annual report and financial statements of the charity for the year ended 30th April 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and the Charities Statement of Recommended Practice (second edition) and Financial Reporting Standard FRS 102.
Objectives
The stated objectives of the Trust remain “Raising funds to provide support for education in Parkside School, Cambridge and to support education for women and girls in countries where such support is restricted by their government”
The activities of the Trust included making donations to organisations working to support the education of women and girls, to Parkside school and has established the infrastructure to support its own initiative to educate and train midwives outside the UK..
A review of our achievements and performance
The charity has made significant donations including SOS Children’s Villages and OMID as well as support for Parkside schools.
The initial planning of the charities own project overseas is now well advanced and the first programme is due to start in June 2025.
Financial review
The Charity has been successful in attracting significant donations in the year with aim of establishing a fund to ensure the long term future of the charitable work to support the education of women and girls.
The management of the reserves and investments of the charity are based on the policy that we want the charity to have the funds to be able to continue its activities for at least 15 years until 2040. The present Trustees would be content for the reserves of the charity to be exhausted by that time.
Statement on public benefit
We believe that the charities stated aims and activities to support the education and training of women and girls in countries which restrict such activities is for the public benefit.
Risk management
The mangers of the investment funds of the charity have been given a brief that the funds are to be invested with low to medium risk.
The sole employee of the charity in the UK is a home based worker and we do not believe that there are any significant risks to their well being.
Structure, governance and management
The Trust is a registered charity, number 1119313, and is constituted under a trust deed dated 23 March 2007. The Trust was established by an initial gift from Andrew Webster following the death of his beloved wife, Angela Webster. During 2024 and 2025 Dr Marianne Bruggemann has made substantial gifts to the charity. The Trust does not actively fundraise and seeks to continue the charitable work desired by the donor through the careful stewardship of its existing resources.
The Trust is controlled by the Trustees who meet once a quarter. The day to day management of the Trust is conducted by Andrew Webster as Chair of Trustees with the full time employee Aryan Frahand.
Fundraising disclosures
In accordance with best practice the Trustees declare that the only fund raising activities of the charity is that the Trustees personally invite friends, and existing business contacts to support the charity with donations. The majority of the donations have come from clients of websters – tax advisers of which Andrew Webster is the Chairman.
Reference and administrative information
Trustees serving during the year and since the year end
Andrew Paul Webster Dr Alicia Fentiman Dr Mary Margaret Scott Dr Marianne Bruggemann
Principal Office
10 Wellington Street, Cambridge, CB1 1HW
Charity Number
1119313
Accountants
Websters Cambridge Limited, 10 Wellinton Street, Cambridge, CB1 1HW
Bankers
The Co-operative Bank PLC, 1 Balloon Street, Manchester, M4 4BE
Investment Managers
Cantab Asset Management, 50 Station Road, Cambridge, CB1 2JH
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). statements.
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:
Select suitable accounting policies and then apply them consistently;
-
Observe the methods and principles in the applicable Charities SORP;
-
Make judgements and estimates that are reasonable and prudent;
• State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; • Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.
Approved by the trustees on 2nd July 2025 and signed on their behalf by:
Andrew Paul Webster
1. Accounting policies
1.1 Basis of preparation
These accounts 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 accounts 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 (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011.
The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.
The charity constitutes a public benefit entity as defined by FRS 102.
1.2 Recognition of income
All income is recognised once the charity has the entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. This is normally upon notification by our investment advisor of the dividend yield of the investment portfolio.
1.3 Expenditure recognition and liabilities
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.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.
No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade discounts
1.4 Fixed asset investments
Fixed asset investments Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments
The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions.
1.5 Realised gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.
1.6 Pensions
Employees of the charity are entitled to join a defined contribution (‘money purchase’) scheme. The plan is managed by Nest. No contibutions were due or paid during the current year due to the commencement date of the sole employee. Contributions became payable in May 2025.
2. Related party transactions and trustees’ expenses and remuneration
The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind. No expenses were paid to the trustees in the year. There are no related party transactions to report.
Section C Notes to the accounts (cont)
Note 3 Analysis of income
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Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 733,454 - - 733,454 -
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 733,454 - - 733,454 -
Charitable
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income 7,124 - - 7,124 -
investments: Dividend income 1,298 - - 1,298 -
Rental and leasing income - - - - -
Other 365 - - 365 -
Total 8,788 - - 8,788 -
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 742,242 - - 742,242 -
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
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Section C Notes to the accounts (cont)
Note 6 Analysis of expenditure
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This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies
- - - - - - - -
Incurred seeking grants
- - - - -
Operating membership schemes and
social lotteries - - - - -
Staging fundraising events
- - - - -
Fudraising agents
- - - - -
Operating charity shops
- - - - -
Operating a trading company
undertaking non-charitable trading
activity - - - - -
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating
new source of future income
- - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Donations 75,200 - - 75,200 - - - -
Total expenditure on charitable
activities 75,200 - - 75,200 - - - -
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
Accountancy 1,460 - - 1,460 - - - -
Bank charges 1,214 - - 1,214 - - - -
Salaries 10,000 - - 10,000 - - - -
Employer national insurance 312 - - 312 - - - -
- - - - - - -
Total other expenditure 12,986 - - 12,986 - - - -
TOTAL EXPENDITURE 88,186 - - 88,186 - - - -
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Other information:
Analysis of expenditure on charitable activities
| Activity 2 Other Total Activity or programme Activity 1 |
Activities undertaken directly Grant funding of activities Support Costs Total this year Activities undertaken directly Grant funding of activities Support Costs Total last year £ £ £ £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - This year Last year |
|---|---|
| - - - - - - - - |
Section C Notes to the accounts
Note 10 Details of certain items of
10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).
| Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees |
This year Last year £ £ - - - - 460 - - - |
|---|---|
Section C Notes to the accounts (cont)
Note 11 Paid employees
Please complete this note if the charity has any employees.
11.1 Staff Costs
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This year Last year
£ £
Salaries and wages 10,000 -
Social security costs 312 -
Pension costs (defined contribution scheme) - -
Other employee benefits - -
Total staff costs 10,312 -
This year:
Please provide details of expenditure on staff working for the
charity whose contracts are with and are paid by a related party
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Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Last year:
Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party
Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000
TRUE
| £60,000 to £69,999 £70,000 to £79,999 £80,000 to £89,999 £90,000 to £99,999 £100,000 to £109,999 Band Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28. |
This year Last year - - - - - - - - - - This year Last year £ £ - - Number of employees |
|---|---|
| 11.2 Average head count in the year The parts of the charity in which the employees work |
Fundraising Charitable Activities Governance Other Total |
This year Last year Number Number - - - - - - 1 - |
|---|---|---|
| 1 - |
11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.
| Please explain the nature of the payment Please state the legal authority or reason for making the payment |
This year Last year This year Last year |
|---|---|
| Please state the amount of the payment (or value of any waiver of a right to an asset) |
This year Last year £ £ - - |
|---|---|
11.4 Redundancy payments
Please complete if any redundancy or termination payment is made in the period.
| The nature of the payment (cash, asset etc.) Total amount of payment Please state the accounting policy for any redundancy or termination payments The extent of redundancy funding at the balance sheet date |
This year Last year £ £ - - This year Last year £ £ - - |
|---|---|
Section C Notes to the accounts (cont)
Note 17 Investment assets
Please complete this note if the charity has any investment assets.
17.1 Fixed assets investments (please provide for each class of investment)
| Cash & cash equivalents Carrying (fair) value at beginning of period - Add:additions to investments during period Less:disposals at carrying value - Less: impairments - Add: Reversal of impairments - Add/(deduct):transfer in/(out) in the period - Add/(deduct):net gain/(loss) on revaluation - Carrying (fair) value at end of year - Please specify additions resulting from acquisitions through business combinations, if any. |
Cash & cash equivalents - - - - - - |
Listed investments Investment properties Social investments Other Total - - - - - 397,215 - - - 397,215 - - - - - - 13,559 - - - - 13,559 - - - - - - - - - - - - - - - |
|---|---|---|
| - | 383,656 - - - 383,656 | |
Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.
17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.
| This year: Analysis of investments Cash or cash equivalents Investment properties Last year: Analysis of investments Cash or cash equivalents Investment properties Listed investments Social investments Listed investments Other investments Total Social investments Grand total (Fair value at year end+Cost less impairment) Other investments Total Grand total (Fair value at year end+Cost less impairment) |
- - Cost less impairment 383,656 - Fair value at year end £ - £ - - - - |
|---|---|
| - £ £ - - - Fair value at year end Cost less impairment - - - - - - - - 383,656 383,656 - - |
17.3 If your charity holds investment properties, please complete the following note:
| This year | Last year | ||||
|---|---|---|---|---|---|
| (i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity |
|||||
| (ii) Name or independent valuer, if applicable, and relevant qualifications |
|||||
| (iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds |
|||||
| (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements |
|||||
| 17.4 Please provide a breakdown of current asset investments, if applicable, | agreeing | with the balance sheet. | |||
| Analysis of current asset investments | This year | Last year | |||
| £ | £ | ||||
| Cash or cash equivalents | 353,717 | - | |||
| Listed investments | - | - | |||
| Investment properties | - | - | |||
| Social investments | - | - | |||
| Other investments | - | - | |||
| Total | 353,717 | - |
| 17.5 Guarantees Please provide details and amount of any guarantee made to or on behalf of a third party Name of the entity or entities benefitting from those guarantees Please explain how the guarantee furthers the charity's aims |
This year Last year |
|---|---|
17.6 Concessionary loans
| Amount of concessionary loans received (Multiple loans received may be disclosed in aggregate provided that such aggregation does not obsure significant information). Amount of concessionary loans made (Multiple loans made may be disclosed in aggregate provided that such aggregation does not obsure significant information). Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge. For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique. 17.7 Additional information Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk. Amounts receivable after more than 1 year Amounts payable after more than 1 year Amounts receivable within 1 year Terms and conditions eg interest rate, security provided Value of any concessionary loans which have been committed but not taken up at the reporting date Amounts payable within 1 year |
Total Description |
This year £ Last year £ - - - - - - - - |
|---|---|---|
| - - | ||
| This year This year Description Total |
This year £ Last year £ - - - - - - |
|
| - - | ||
| Last year Last year |
Section C Notes to the accounts (cont)
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
| 20.1 Analysis of creditors | ||
|---|---|---|
| This year Last year £ £ Accruals for grants payable - - Bank loans and overdrafts - - Trade creditors - - Payments received on account for contracts or performance-related grants - - Accruals and deferred income 3,344 - Taxation and social security 1,067 - Other creditors - - Total 4,411 - 20.2 Deferred income Please explain the reasons why income is deferred. Movement in deferred income account Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Amounts falling due within one year Balance at the end of the reporting period Please complete this note if the charity has deferred income. This year |
This year Last year £ £ - - - - - - - - 3,344 - 1,067 - - - Amounts falling due within one year |
This year Last year £ £ - - - - - - - - - - - - - - Amounts falling due after more than one year |
| 4,411 - |
- - | |
| This year Last year £ £ - - - - - - Last year |
||
| - - |
Section C Notes to the accounts (cont)
Note 24 Cash at bank and in hand
| Note 24 Cash at bank and in hand | |
|---|---|
| Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits |
This year Last year £ £ - - - - 349,482 - - - |
| 349,482 - |
The Angela Webster Education Trust Independent Examiner's Report to the trustees of The Prospects Trust
| report on the accounts of the charity for the year ended 30 April 2025 which consist of the statement of assets and liabilities and statement of receipts and payments.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
¢ to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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¢ to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
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e to keep accounting records in accordance with section 130 of the Charities Act 2011; and
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e to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Gary Eves (FCCA) Association of Chartered Certified Accountants
CharteredFairway TaxCertified and AccountingAccountants Limited 4 11C Alma Road FAIRWAY King's Lynn Tax and Accounting PE31 7NY
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