Docu$ign Envely ID.. lBilD0AL3F8988tDeo3AcA7OE27 THE CONNIE NEwfoN TRUST FINANaAL sfATEMENTS 30 SEPTEMBER 2025 (Reglstered Charfty Number 1120841) THOMAS & YOUNG LIMrrED CHARTERED ACCOUNTAPITS
Dowsign Envetope ID." 1BCf1tKJA-C3F&898M1WDB63ACA7DE27 THE CONNIE NEwfoN TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 CONTENTS Page ReFQrt of the Trustee5 Independent Examinerfs Rewrt ststement of Finandal Artivities Balano Sheet Accounting Policies Notes to the finanoal ststements io-ii
Docusign Envelope IO". IBoF1DOA-C3F988-8l34-0e67DE27 Page I THE CONNIE NEWTON TRusr REPORT OF THE TRusfEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 In accordan with established prattl, it gives the Trustees pleasure to tske this opwrtunty to comment on the artivities of the chanty during the perir)J. MANAGEMENT OF THE CHARITY The d)arity was estsblished under a Dedaration of TNst on 4 January 2007 and was registered with the Charity Commissioners on 13 Septemter 2IXI7 (Registered Number 1120841). The main c**jects of the charity, as amended by three 5jaI Resolutions at a Special Meetings of the Trustees on 21st February 2012, 24th November 2015 and 11 March 2025, are:. In benefitting persons i)ver the age of thity years who live or reside, or have lived or resided for a period or periods of ten years or more, within the Parish of Shrewley, Warwickshire, or the adjant Parishes and who have worked for or prOVed benefits for the said Parish of Shrewley, or the adjant Parishes and who are suffering finanaal hardship and are in need of finandal assistan. During the year under review, the following persons We Trustees:. Mr J M P Hathaway Mrs S M Green Mr N K Winnett Mr R G Wesbury Mr K R Everitt Mrs H Greenly Mr A) Robertson Mrs C J Chesshire - resigned W September 2025 - deceased 14th May 2025 New Trustee5 a apinted by resolution at a special meeting under the ternis of the Trust. Appropriate induttion and training is provtijed, as requid, by the other Trustees. PRINCIPAL OFFICERS AND ADVISERS TO THE CHARrrY Principal Address and Clerk to Charity: Mr J M P Hathaway Heath & Blenknnsop Solbcitors 42 Brrxjk Street Warwick CV34 4BL Bankers.. Uoyds TSB Bank 12 Swan Street Warnick CV34 48J Investment Managers: CCLA Investment Management Limited One Angel Lane London EC4R 3AB
Do¢Usn Envek)pe ID IBOF1DOKC3F&898&813¥0863ACA7DE27 Page 2 THE CONNIE NEVnON TRusr REPORT OF THE TRusfEES (Continued) FOR THE YEAR ENDED 30 SEPTEMBER 2025 PIUNCIPAL OFFICERS AND ADVISERS TO THE CHARrrY (Continued) Soliotor5: Heath & Blenkinsop Soliators 42 BrcK)k Street Warwick CV34 4BL Independent Examiner: Thomas & Young Limited Carleton House 266-268 Stratford Road Shirley Solihull West Midlands B90 3AD
0u$v4 Envelope ID." 1BOF1DOA-C3F&898H134-t1863ACA7DE27 Page 3 THE CONNIE NEwfoN TRUST REPORT OF THE TRusfEES (Continued) FOR THE YEAR ENDED 30 SEPTEMBER 2025 REVIEW OF THE PERIOD The charity's endowment created income of £28,846 to supp)rt charitsble activity. During the year the endowment was subject to unrealised defKit on valuation of £42,624 and at 30 September 2025 was valued at É645,822. During the year, unrestricted investment income was received of £9,999. Charitable exFenditure amounted to £29,489 and unrestricted funds, after transfer5 of endowment income of £18,847, amounted to £252,554 at 30 September 2025. The Trustees aim to swnificantly raise the Fevel of charitable expenditure in future years. RESERVES POLICY Endowment funds are required to be maintsined intact, subjeLt to fluctuations in market value. The Trustees have agreed a policy whereby vnrestritted funds are held as liquid assets. INVESTMENT POUCY The Trustees have considered the most appropriate Frt)licy for investing funds. The Trustees have invested endowment funds in COIF Charities Investment Fund Income Units and unrestritted funds primarily in COIF Deposit Fund. The Trustees consider that the retums on these funds are satisfactory. RISK REVIEW The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensu appropriate controls are in pla to provide reasonable assuran against fraud and error. The Trustees have considered the risks to whith the charity is exposed and have eStaiShed systems for mitigating those risks. GRANT MAKING POLICY The Trustees are adively encouraging new applications for grants in accordan wlth the objects of the charity and are extendiro I(1 awareness of the tharity. PUBLIC BENEFrr The Trustees have had due regard to the guidance putrAished by The Charity Commissioners on public benefit and )nsIder that the objectNes arnl adivittes of the tharity fulfi5 their requirement. STATEMENT OF TRusfEES RESPONSIBILrrIES The Trustees are reSWnsite for preparing financial ststements for each financial year and submitting the ststements to the Charity CommiSsnerS in accordan with the provisions of the Charities Act 2011.
Ooujsign En¥tlope ID." 1BoF1t)OA43F&881DÈ$3ACA7tE27 Page 4 THE CONNIE NEWTON TRUST REPORT OF THE TRUSTEES (Continued) FOR THE YEAR ENDED 30 SEPTEMBER 2025 STATEMENT OF TRUSTEES RESPONSIBIUTIES (Continued) The Trustees are resp)n5ible for keeFing proper aco)unting records with respect to its transactions and its assets and liabilities which disdose, with reasonable accuracy at any time, the financial tx)sition of the Charity. Trustees are also responsible for the establishment and rna1ntenan of a satlsfartory System of control of its tooks of account, its cash hddings and all its receipts and rern1ttan to enable them to ensure that the financial statements compw with the Dedaration of Trust dated 4 February 2004, subject to the Deed of Variation5 dated 9 May 2007, 21 February 2012, 24 November 2015 and 11 March 2025. The Trustees are also reswnsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and deteCtn of fraud. The Tru5tee5 have fulfilled these responsibilities to the best of their ability. Approved by the Trustees ar sned on thw'r behalf. Trustee: p ltkny 27-07-2026 Dated:
Docusign Enve)pe ID 1BOFIDOA.C3F&898&813¥D8634CA7DE27 Page 5 THE CONNIE NEwfoN TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 I report on the accounts of the Charity for the year ended 30 Septernr 2025, which are set out on pages 6 to 11. RESPEcfivE RESPONSIBILITY OF TRusfEES AND EXAMJNER The charity's Trustees are responsible for the preparation of the accounts. The tharity's 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. It is my responsibility to: examine the accounts under Sects'on 145 of the 2011 Art; to follow the prc(edures laid down in the general Directions given by the Charity Commission under SeLon 145 (5) (b) of the 2011 Art; and to stste whether partKular matters have come to my attention BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordano with the general t)ireLtions given by the Charity Commission. An examination indudes a review of the accountsng records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disdosures in the accounts and seeking explanations from you os Trustees Conrning any such matters. The prccedures undertaken do not provide all the eviden that would be requir&J in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the port is limited to those matters set out in the statement below. INDEPENDENT EXAMINER'S sfATEMENT In cOnntIon with my examination no rrkitter has come to my attention: which gives me reasonable cau to Wieve that in any material respect the requirements.. to keep accountiThJ records in accordan with Section 130 of the 2011 A(. and to prepare accounts whith accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met. or
Docu$9n Envelope ID. 1BOF1DOA-C3FB-898M134.D863ACA7DE27 Page 6 THE CONNIE NEwfoN TRUST INDEPENDENT EXAMINER'S REPORT (Continued) FOR THE YEAR ENDED 30 SEPTEMBER 2025 INDEPENDENT EXAMINER'S STATEMENT (Continued) 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be readd. J Caty FCA FCCA Thomas and Young Mited Chartered Accountants & Registered AudFtors e*•ly Carleton House 266-268 Stratford Road Shirley Solihull West Midland5 B90 3AD Dated.. 27?-2026
DOC19n Envelope ID. 1BoF1DOA.C3F&898134-D86WA7OEZ7 Page 7 THE CONNIE NEwfoN TRUST STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unrestrirted Endowment Funds Fund5 Year to 30.9.25 Yearto 30.9.24 Incomlng Resources Investment income: Bank interest COIF Charities Investment Fund 9,999 9,999 18,847 11,288 18,401 18,847 Total Incoming Re50ur 18,847 28,846 29,689 Resources ExperKled Charitsble attivities 29,489 29,489 25,385 Goveman 600 600 Total Resour Expended 30,089 30,089 25,985 Net (outgoing)lincomSng resources before transfers (20,090) 18,847 (1,243) 3,704 Transfers betsn funds 18,847 (18,847) Net (outgolng)Ilncomlng resources before revaluatlon {1,243) (1,243) 3,704 Gains or losses on Investment Assets: Unreali5ed (loss)Iprofrt C revaluation of Investments (42,624) (42,624) 55,974 Net movement on funds (1,243) (42,624) (43,867> 59,678 Balance brought forward at l October 2024 253,797 942,243 882,565 Fund balances at 30 September 2025 252,554 645,822 898,376 942,243
Do£19n En¥eknpe ILI.. IBOF1DOA-C3FB-896H134-t)863ACA7DE27 Page 8 THE CONNIE NEwfoN TRusr BALANCE SHE AS AT 30 SEPTEMBER 2025 2025 2024 Notes Fixed Assets Investments 645,822 688,446 Current Assets Cash at bank 255,111 254,397 Creditors: Amounts falling due within one year 2 (2,557) (6CM)) Net Current Assets 252,554 253,797 Total Assets Less Current Llabllltles 898,376 942,243 Net Assets 898,376 942,243 Capital Funds: Endowments 645,822 688,446 Income Funds: Unrestricted 252,554 253,797 898,376 942,243 Approved by the TrUStS on 27-07-2026 Signed: péikn Trustee
Docusign Envelop ID." 1BOFIOOA-C3FB-898M134-D863ACA7DE27 Page 9 THE CONNIE NEwfoN TRUST ACCOUNTING POLICIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 GENERAL INFORMATION AND BASIS OF PREPARATION The finanaal ststements have been prepared urKler the historical cost convention. The d)arity constitutes a public efit entity as defined by FRS 102. The financial statements have en ppared in accordan with the Accounting and Reporting ty Charities: Statement of Recommended practi applicable to tharities preparing their accounts in accordance with the Financial RertIng Standard applicable in the UK and Republic of I land (FRS 102) issu&J on 16 July 2014 (as updated through Update Bulletin I published on 2 February 2016), the Finanaal Rewrting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK Generally Accepted Accounting Prattio. The charity has applied Uwlate Bulletin l as published on 2 February 2016 and d¢)es not indude a cash flow statement on the grounds that it is applying FRS 102 Section IA. INVESTMENTS Investments are valued at market value. Investment gains and losses a recc*Jnlsed In the Statement of Financial Activities. INCOMING RESOURCES Income from investments is accounted for on an accnlS basis. Donations, legacies and grants are tated as income in the Fericmj of receipt. RESOURCES EXPENDED Expenditure is accounted for on an accruals basis. Grants a recognlsed On approved and fomally Committ by the Trustees. FUND ACCOUNTING Unrestricted funds are avaikible use at the discretion of the Trustees, in furtheran of the objects of the charity. Endowment funds are funds that have teen gr to the alarity subject to the restriction that they are held as catMtsI.
Do¢19n Envelw ID". 1BOFIDOA£3FPA98&81WD863ACA7DE27 Page 10 THE CONNIE NEwfoN TRUST NOTES TO FINANCXAL sfATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2024 INVEsfMENTS COIF Charities Investment Fund Market value at I CktoLw 2024 Unreali5ed (loss)Igain on revaluati( 688,446 (42,624) 632,472 55,974 Market value at 30 September 2025 645,822 688,446 CREDrroRS: Amounts falling due within one year Professional fees 2,557 600 2,557 600 ENDOWMENT FUNDS Balan at l Ottoter 2024 Surplus for the peric%1 (Deficit)ISurplus on revaluation of investments Transfer to unrestricted funds 688,446 18,847 (42,624) (18,847) 632,472 18,401 55,974 (18,401) Balance at 30 SeptemÈer 2025 645,822 688,446 UNRESTRICTED FUNDS Balance at i Ortober 2024 (Deficit) for the pericé Transfer from endowment funds 253,797 (20,090) 18,847 250,093 (14,696) 18,401 Balan at 30 September 2025 252,554 253,797 ANALYSIS OF NET ASSETS BrnYEEN FUNDS Fixed Net Current Assets Total Endowment Funds Unrestricted Funds 645,822 645,822 252,554 252,554 645,822 252,554 898,376
Docuswn Envelope ID.. 1BOFIW43F&898&81WD86&ACA7DE27 Page 11 THE CONNIE NEwfoN TRusr NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEwfEMBER 2025 2025 2024 CHARITABLE ACTIVITIES Grants Support costs: aerl('s fees Room hire 28,132 24,114 1,007 350 921 350 29,489 25,385 Eighteen grants totalling £28,132 were made to irKlividuals during the year. GOVERNANCE COSTS Independent examinerfs fees 600 600 600 No MUneratIon or expenses were paid to any Trustee. RESERVES Balance Transfers Invest- Blfwd Incomlng Re¢¢$ between ment 01.10.24 resources expended fvnds BalaTrce clfwd 30.9.25 Endowment Funds Unrestritted Funds 688,446 253,797 18.847 (18,847) (42,624) 645,822 9,999 {30,089) 18,847 252,554 942,243 28,846 (30,089) {42,624) 898,376 Endowment funds: The income eamed by the endowment investments is utilised to fund charitsble activities in accordan with the charity's goveming d(Kument, Unrestrirted Funds: These comprise the accumulated surFlus on the charity's activities available for distribution at the direction of the Trustees, in accordan with the charity's objetts.