REGISTERED CHARrfY IYUMBER: 1120926 Report of the Trnrtets and FIDaD¢1 St*tsm¢mts for th¢ Year Ended S Aprll 2026 Sedec0l1lp FtsundAIIoD Builimorts LLP Chartcred Accountants & R¢gis¢¢red Auditr Old Printm Y8rd 156 South Stre SuTrey RH42HF
Sed¢COlnIS FOdItiOn Comtents of th¢ FIDADdal Stattmellts for th¢ Year Ended S Aprf 2026 R¢wrt of the Trn•tee8 I to 3 Report of the Ind¢p¢nd¢llt Audlton Stttment of FI¢%11 Acdvltl BAI•DU Shert Nots• to the FlnAndalStat¢m¢mts 9 to 16 Detled StAtsmtnt of FlThDel•l A¢¢fvStle• 17
SedeC01llngS Fourtd4tlo Report of the Trustees for the YeAr Ended 5 April 2026 The Trustees prcserti their annual r¢[ togekn with the audited financial ststements ofthe eharity fty the 6th April 2025 to 5th April 2026. The Ttrustees work to ensurc the nam¢s and le8acy of thc origina] Tn¢¢¢5 and Donors - Rae Sedel and Jd)n Collings aTC TcIneMber. They have chosen its work in CollaTatIOn with Cofflrnunity Found•i4)ns bgsed in Jrtsey. Cornwall, Dcvon and Surrey to ensuT¢ th¢ir actions honout Ra¢ and John's lesacy. Working in partnership with Community Foundations Tnaximises the impact of the donations. Support in line with the wi5hcs of Rae S&lel and John Coilings h&8 on women's ernWermIi and mentsl health iwes, including donations to Violence Against Women and Girls IVA WGI Funds and Dress for Success. Thc Trnstrts have also authotised malched fifftding to Support Care Leavets and Care experienced young people through the Community Foundations. We hav¢ worked clos¢ly, both with Community Fowidations and individual charities to wpp(t the mental health of both m¢)4 womert #nd Children to r¢duc¢ loneline54 ilation and uliimat¢ly reduce lives lost through 5uicid& The Tn&¢es have taken a keen interest in wppcrting the staff thd volunteers that enable Charities to SUpprt thu¢ causes through their SUprting the Support¢rs Fwids.. This fid enablcs a]aTities 10 inv¢st in their workers and volunteers through training And wellbeing activities. The Tnjstees have commissiorted a report inio this fund and hope io share the rindings and idcnlified benefits. The Tn]s1¢¢5 cngage with me .gm811er individual ¢hariti¢s but it is important that these mu# thare th¢ same vision5 and shes of the Trustees &8 well as being within the geographica] arn which the Foundation currently 5UPPOrt$. The Truste& take an athive rol¢ in vi8itin& gupporting And promotin8 those chariliesthty have ¢hosen to support. OBJECTIVES AND ACTIVITIES Pollrlu And ObJectlv The chariry 18 Q4tablished for the pwpose of the adv4neemettt of trlucation and religion and relief of the persons in nttd, hardship or distress pnd oth¢r charitabl¢ putpose includLTh8 {without limitation to the foTegoin8) the of gr18 And 5ubscription5 to oiher ¢h8Jiiable bodie5 {the"obje¢ts"l. The Tn]sttts hold the income of the End0wmt 10 pay and wpply th¢ same in pronkmion of the objttt$ in Such mwmer u the Truste&8 from time io time think fit and in particular the TNst¢eS 8hall have power to pay the said income to the Tnte$ of Sed¢] - Collings Foundation for ils genernl purp05c& provided always thot th¢ TnL51¢ shall be entitl to dirttt that all or part of the payment 5h811 be applied for any one or more spcciflcd purpose. Nohvithstandin8 the fortgoing ts71 income, the Tr8tee$ may at 8my tim¢ at their di8eretiott pay (t apply the whole any part of th¢ capital of the Endowment Fund in promotion of the objects in such a manner as they think fit. ACHIEVKMENTS AIYD PERFORMANCE Revlew of cllvld Durirtg the Ye th¢ ¢harity conlinucd to provide assistanee in linc wryth its objcctives donating a total of £1,161,540 {2025: £1.294.9501 ¢0 rElevant ¢auses. At the balanrc sheel dat¢ reserve5 arnounttd to £9.818,877 (2025.. £9J58.363}. FINAiYCIAL REVIKW Reserves Poll¢y The Tet'S rolicy is to use the charitS rcscrves and th¢ investment income to help off5¢t the ch8rity's exF¢nditure in meding the objective5 laid down in th¢ Tn Deed. Going coneern After making appropriate enquirie& the tru5tecs hav¢ a reasonabl¢ expectation that the charity has od¢quate resourccs to Continue in CeratiOnal existencr for the forue¢able fvturc. For t.$ rcas)J4 they eonlinue lo adopt thc going tontern b&8is in preping th¢ financial Statements. Further details regarding the adoption of th¢ going concern basi5 can be found in the Accounting PDlicies. Page I
5th111% Foundation Report of the Trn6t¢¢s for the Year Ended 5 Aprll 2026 STRUCTURE, COVERNAIYCE AND MANAGEMENT Governinf do¢um¢nt The charity is controlled by itsgoveTnin8 documajt, a deed of trwt and constitus unllKffpwdted charity. Comtithtion Scdel. Collings Foundatiort is a l[lty constituted by a De¢iarntion 0fTTh dated 8th Decembu 20(kn. Method of appointment orel¢¢tlon of (rusteei The TTU5tees of the Endowment Fund shall IK not than two or more than twelve in numkr and shall, &s far as SSible, (but without itwing any legal obligation in this resp) include a rnajority of p¢rsotks connea&J with Sedel - Collin Found10. Thc powcr ofappointin8 newTrnsltts is invested in the surviving or ¢onlinuing Tnjstees. Riik m•ng¢nwnt The charity Trust have Consider th¢ major ri8ks to which thc ch8rity is exposed and have reviewed those athd eablibhcd systems and procedures to tnanage those risks. The Trw¢¢s consider thc voJiability of invcthmt r¢ttm)s on the investments to constityle the charity's tnajor Tisk and tinUe to kw the investment portfolio UTrd rcvi¢w. REFERENCE AIYD ADMINISTRATIVE DETA113 Regl¥tered ChArhy numb¢r 1120926 PrITh¢1p 7 Klngdon Way Ilolsworthy Devon EX22 6FN TruJt¢•i RWB8dg M E simp81 A Little R Currie Audlto Bullimores LLP Chyrtercd Accountants & Registered Auditor Old Printers YBrd 156 South 5tre¢t Dorking SuTrey RH4 2HF MAD#Eer8 Union Banque Privee One Bank Str¢¢t Londo E144SG S*is Ass¢t Management Limited 45 Pall Mall LotKion SWIY5JG Pa8¢ 2
Sedel-ColllDgs Foundatio# Report of the Trnstees for the Ytar Ended 5 April 2026 TRUSTEES, RESPONSIBILITY STATEMENT The tnwees ar¢ re8pon5ible for prqring the Report of the Trustees and the financial ¥lat¢mts in acCOrde with applicable law and United KiDgdom A¢couDting Standards (United Kingdom Gtnerauy Ac£¢ptcd Attounting Practice). Charity law rcquires the trust¢&8 to prepare financia] statements fty each fmancial year. UThdcr that law, the have electcd to prepjft the finan¢iai thteMts in aeeordanct with unit Kingdom Oenerally Accepted Accounting Practi¢¢ (United Kingdom Accounting Standards 3nd applicable l&wl. Under charity law the trustees must not approve the financial ateMents unlcM thcy arc satisfied that thcy give atrue and fair view of the s1¢ of affairs of the charity and of the incoming Twurcu and application of resourc¢& including th¢ in¢ome and exptnditure, of the charity for that p¢ri(Ml. In preporing those financial stat¢m¢nts. th¢ truste&s are required to select suitable accounting wlicies 8t then apply them consistffltly., observe the method5 and PTincipl¢s in the Chariti¢s SORP,. make judgem¢nt8 and e&timatC5 that Are rwonabl¢ and prudent., prepare the fina191 at¢nwts on the going o)nc¢m baws unles8 it Is inappropriatc to presun* that the charity will continue IT2 business. The tnte¢S 8re r•5pon5iblc for keeping prop¢r accountin8 rccords which disclose with ffasonable accur8cy at any time the finsneial position of the ¢harity and to enable them to ¢n5urc thllt thc financial statements comply with the Charitie5 Act 2011 and The Charity (Accounts and R¢poits) Regulation5 2008. They arc also responsible for safeguarding the of the ¢harity And hence for tskin8 Teaqonable steps for the prevention and d¢t¢clion of fraud and other i]regularities. Approved by orderof the board of tru5tees0n........ ...... .. . .... R W Badger- TnMe¢ P4e3
Report of the IndependAt Audi¢or¥ to the Trnstees of S¢ddQolilng5 FouDdatio Oplnlon We have audited the financial statemtnts of Sedel-Collin8s Foundatii)n (the 'rh3riWI for the Ye cnded 5 April 2026 which comprise the Statement of Financial Activities the Balance Shttt and notes to the financial Statemen including 8 slutnary of SilfiCallt accounting poli¢i¢s. Th¢ fuwi¢ial reporting framcwork that h&8 been applied in their preparation is applicable law atMI United Kingdom A¢eountin8 stand8s (United ngdorn Generally Accepted Accounting Practice). In our opinion the financial atcmcnts'. ve a true and fair view of the state of the Charitys affairs as at 5 April 2026 and of its incoming resou and application of r¢sOU¢s, foT the year cndcd. have been properly preparnl in accordAnee wth UTLid Kingdom Cuwally Acceyted Accounting Practict,. and have been prepared in accordance with the requirenmts of the Chariti¢s Act 2011. Billi for oplnlo W¢ c¢indu¢id our audit in With International Standards on Auditing IUK) {ISA5 (UKII and applicable law. Our responsibilities under those g(andard5 gre fvrthcr dewibed in the Auditor5, rcsponsibilitics for the audit of the finan¢iaJ statements scction of our report. We are independeni of the charity in aCCdance with the ethica] requiTetncnts that are relevanl lo our audit of the financial SUrtncnts in ihc UK. including the FRCS Ethi¢aI Stsndarl and we have fulfilled our other ethical responsibilities in accordance with thue requirements. We b¢liev¢ that thr audit cvidence we have obtsined is sufficient 8md appropriate to PTovhde A bosis forour opinion. Con¢lvsloni relatln¥ to golng ne¢rn In auditin8 the fuw¢ia] statements, we have concluded that the tru8t¢es' use of the going conccrn basis of accounting in the prew4ralion of Ihe financial statements is appropriale. Based on the work we have perfornied, we have not identifjed any material unctttainties relaiing to evertts or conditions that, individually or colledively, may cast significant doubl on the ch8rity'$ ability io continue as a going coftccrn for a period of al l¢a twelve months from when the finon¢ial stat¢rnents 8T¢ authorised for I¢. r responsibililies and the responsibilities of the tri wth rcspect to going ¢onc¢m are described in the relevAnt seetions of thi5 report. Other Informmtlon The ttustees are rcsponsible for the other informalion. The thher infomiation compriw the InforntiOn included in the At&1 Rtport, other than the financial #atemen18 and c4w Report of the Independen¢ Auditcn thereon. Our opinion on the firlancial stalcrncnts not eover th¢ other inforn)ation DJ, except to th¢ ¢xt¢nt oth¢rwise ¢xpli¢iily Jt¢d in our report, we do not exprtsg ony form of a&SUrd ¢on¢110n thereon. In connection with OUT audit of the finan¢ia] statements. our rcsponsibility is lo read the other inforrn&tion and. in doing so, consider wh¢ther the LNh¢r inlormalion LS materially irtconsistent with the financia] #atements or our knowledge obtained in th¢ audit or oth¢M5c appears to be materially misstal¢d. If we identify such matcrial inconsi51encies or apparent maleriai misstatewnents, wr arc required to detcrniine wthether thi$ gives rise lo a material mi55tatemenl in th¢ finan¢ial statrments themselv¢5. If. based on th¢ work we have prOM]eA, wc conclude that there is a material milat¢m¢nI of this Other infonnatioT4 we are wuired to remthat fact. We have nothing to r¢p(l in this regard. Matt¢ri which we Rre requlred to r•port by ¢x¢eptloA We have nothing to repcrft in resp¢ci of the following mattcrs where the ChaTiti¢$ (Accounts And Reports) ReguLations 2008 reqllir¢s us to report to you if, in ouropinion.. the infomMtion givlm in the Rem of the Trustee8 IS inc¢)n6i*¢nt in any rnatcrial rr5PCCt with the financial statements. or suffirient accounting records have not been kept,. or thc fjnancial slatem¢nts ar¢ nol in 2CeMent with the ae¢ountin% records and rettEm4 we have not rec¢ivd a]1 the infonnation and cxplanations w¢ require for our audit. Pago 4
Report of the Indep¢ndent Auditor5 to the TruJtee5 of Stdel-Coll5ngs Found•tion Responslblll¢ies of trustels As explained more fully the Trustees, Rcsponsibilitics Statem[ the triwe¢s are responsible for the pretiOn of the fjnancial ststcmcnts which give a true fair view, arKi for such itrtemal Control as ihe Nste¢s det¢rniine is nwe&wry to enable the preparation of financial statements thai free from material mi5StatemetLL whethu due io fraud or error. In preparing the financial staternen the trijstees are responsible for a4]ng thc charity'$ ability to ntinue as a going ¢ots¢e dis¢losing, applicable. matters T¢lated to goin8 concern and usin8 thc going conccrn ba&s of accouniing UDIc& thc tNsttts eithcr int¢t)d to liquidate the charity or to cegst operaiiaw or hav¢ no realistic 4iternative but to do so. Our reiponlibilities for the Y4udlt of the flD%nclo1 BtAtements We hav¢ b¢¢n appoint] a5 auditors under Setlion 144 of the Charities Aet 2011 and report in e0rd2¢¢ with the Act and relevant Jrgulations t) orhaving effect ihereund¢r. r objectives Are to Olift re8sonable aSSUTance abtyjt the finan¢ial s¢atem¢nt8 as a whole are free frotn merial mi&statement, whcther due to fraud or er. and to i&suc & Report of the Independent Auditors that includes (wr opinion. Reuonable a&suraTLce is a high level of assur8nce, but LS not a gu8Jmtee thai an audit tonducted iTh accordancc wsth ISAS {UK) will always detect a materia] misstatement when it exi5t& Misst#temeni$ ¢an aris¢ from fraud or error and are ¢onsid¢red Dterial if. individually or in the aggregate. they could r&tsonably be eXtell 10 intluMc¢ th¢ econorni¢ de¢i$ions of u8¢rs tak on the basisofthese fJnantia] Mat¢ments. Wr obtairted an understandin8 of the legal and regulOry frameworks that are applIble to the cothpatw and determined that the most signifLcat)t whith Are IrectlY relevant to 5pwifi¢ ass¢ni¢)ns in th¢ finsn¢ial statements aTt those related to the reporting frameworks (IFRS, thc Companies Ael 201kn and thc relevani lax compliance regulations in Ihe UK). We underood how the eompany is complyin8 ilryth those legal and regulatory frAmrkS by m8kin8 enquiries of management. We did not identify any material matters relatin8 to non-complianc¢ wilh law8 and rwlatirns or relatins to fraud. We assesscd the susceptibTlity of company's fLn8ncial 5taterncnts 10 Materi mi88tat¢ment by discu10nS with the dire¢ttts to understand areas where they considered ther¢ w&9 sJseeptibility to Miatement. We a]$0 ¢onsider¢d pr¢8sare5 on the dior$ to mea extern&l prertS irt repIng the finan¢i41 r¢wlt$. Audit procedures perfornied by the saement team ort the 8S where fraud might ¢Kcur included.. rcview of materia] balance sheet assets 8nd liabilities to supporting third pty ¢onfirmation$ where availablr jowTral cntri¢S review, with a fwus on manual entries and entries deterniined be large or unusua] - rew¢w of 8mowils r0¥crable under contract transaction testing A&wsment of the appropriateness of the collrttive eompetence and wabilitie$ of the en8a8ernt team in¢ludinB considcrdtion of the cngagcmcnl Icam's: UTMierstandin8 of, and practical experience with audit en8&gemcttts of a similar nature 8md wmpl¢xity )wl¢dge of the industy in which thc compony operat¢5 UTwJctstanding of the legal and regulatory requiretrlents specificto the company. A fi]rtI dription of our reonsIbILitieS for the audit of the r]nanci&l ststemenis is IAted on the FinaTKial Rertifig Council's website at wivw.fra0rg.uklauditorsrespSib1Iits¢s. Thi5 dcs(TiPtion fornks part of our R¢FXXt of the InderKndent Auditors. Pagc 5
Reportrfthe Independent Andltors to the Trnstees of sede0111£ FoMltlon Uie of our report Thi5 rert 15 mad¢ solely to the tharitys trustetts, &$ & IM)dy. in accord with Part 4 of the Chan'tiu {Accounts •md Reports) Regulatsons 2008. Our audit work h&8 E¢en Undk ihat wc tnight state to the charityls trjstees those matters wt are rcquircd to State to them in an auditors, r¢pon and for no other purpose. To th¢ fv11¢$1 ¢xtent pettnitted by law. we do ot a¢¢ept OT a&wmc responsibility lo anyone other than th¢ charity and ihe charity's tNste¢8 as a b(yJy, for out audit worK for this rqth, or for th¢ opinions we have fomwj. Bullimoras LLP charter Account & R¢SIfred Auditor Old Printen Yard 156 South Street DoTkiThg Surr¢y iiH4 2HF Date.. OÈ Page6
sedtClllel Foundatton StstemeDt of FInartei A¢dvltl¢¢ for the Year Ended S April 2026 5.426 Unr¢bXri¢ fimd 5.4.25 Total Notf5 INCOME AND ENDOWMEIW3 FROM Dot)ati(w and l¢wi¢$ 150,000 Invethent incom¢ oth tDwme 142,483 19,047 177,179 33,899 Tot•1 161J30 361,078 EXPENDITURE ON Jnvestment managemcnt fees 96.115 85,795 charfl*b a¢tfYAtI Donatlons 1,161 J40 15,754 1,294,950 30,918 5.555 2,152 TotAI 1,278,964 1.413,813 Net gain00$%5) on investments 1.576,948 1288,977) INCOMEJ(EXPENDITURE) 459J14 {1,341.714) RECONCILIATION OF FUNDS Total.fi]nd& brought lorivard 9.358.363 10,7CK).077 TOTAL VUNDS CARRIED FORWARD 9,817.877 9,358363 Thc notes forni partofthw financi41 statements
SedekCoJlln%8 Foundatton BAlanee Sheet 5 Aprll 2026 5.4.26 Unrc4tricted fithd 5.4.25 T(al fimds Not FIXED ASSETS Investments 8,162,203 8,499.172 CURRENT ASSETS 1,964.074 1.265,191 CREDITORS Amounts falling due within one year io 1108.400) {106,IKK)} NET CURRENT A&SETS 1.855,674 1,159,191 TOTAL ASSETS CURREKr LIABILITIES 10.017,877 9,658,363 CREDITORS Atnounts failing due after mor¢ than one year 12().} I300,0) NET ASSETS 9,817,877 9,358.363 FUNDS Unrestricied fd9 12 9.817,877 9,358,363 TOTAL FUNDS 9.817,8TI 9.358.363 The fin8ncia] Aat¢m¢nts were approved by the Biwd of Trusteu And authori*d fty iwe on ....... and wett SI¢ ort its bchalf by.. R W Bad8¢r. Tnutee The notes forn) part of these financial Staternts Pa¥¢ 8
Sedel-colllngs FoundatioD Notes to th¢ FIoaDelal StAtements for the Ye4T Ended S Aprll 2026 ACCOUNTINC POLICIES Bql8 of pr¢parlng the flnanclal st#t¢M¢ts The finan¢ial atements of the charity, which is a public benefit entity undcr FRS 102, have been prepared in accordan¢e with the Charitics SORP (FRS 1021 'Accountin8 and Reporting by ChoTities: Sla¢¢ment of Recomrncndcd Pra¢ti¢e applicable to chaJitics preparing their accounts in aceordance with the Financial Reponing Stsndard applicable in ihe UK and Republic of IT¢land (FRS 1021 {¢ffective l January 20191,, Financia] R¢portin8 Stsndard 102 The FInela7 Reponing Standard applicable in the UK and liepublic of Ireland. and the Charities Act 2011. The financial statetnents hav¢ been prepared urLdcr the historical cost cOnvtIOn, with the exccption of Investmts wtiich are itjcluded at rDarkel value, as modified by thc rcvaluation of certain awts. Income All incomc is reeognised in the Stgt¢m¢nt of FinaTKial Activities 0¢ the dwity ha8 entitlement to the fimd& t is probable that thc income will be received and the smourtt ¢•n be me¢ reliably. Expendltsr• Expenditure is r¢w8niBed once there is A legal or ¢oDstructiv¢ obligalion to trlnsfer economi¢ benefit ro a third pdrty, Lt is probable that 8 transfer of economic benefits will rcquired in Settlement and the amount of the obligation can bc M$ured reliably. Expenditure i$ clauifi)J by acyvity. The costs of e4th activity are made up of thc total of direct c¢yJts and shared cost& including support cost5 involved in undertaking ¢ath aelivity. Dircct cosrs Are 8tributabl¢ to a single activity grt Ailo¢&ted directly to that activity. Shared costs which coniribule to morc than on¢ 4¢tivity 8nd support costs whi¢h are not artTibutable to a 5tngle activity arc apportioned b¢nve¢n ihos¢ aLlivi11¢8 on a bsi$ ¢onsi&lent with the usc of rc50urces. Central staff costs are aJliKated on the basis of time spenl and deprcciation chges allocated the portion of the &M's use. Governance costs are those incuTral in connection with administration of the thity 8nd compliance with constitutional siaNiory requir¢m¢nts. C0515 of 8enerating fimds are costs incurr&l in attracting voluntary income, and ihose in¢yrred in tradin8 activit1¢8 that raise funds. ChAritabl¢ activiti¢s and Govemancc costs are ¢ost$ incurred on the charity's cducational operaiion4 in¢ludin¥ supp(rt costs and c0518 relating to the govemance of th¢ ¢harity 8PPQrtioned to charitable activities. Grant$ payable are chgrged in the year when the offtt is mad¢ ex¢ept in those c&8es whcre the offer is coodilional, uch grants bein8 reCOlSed expenditure whcn the conditiws atta¢hin8 are lfilled. Grants offtred subje¢t to eonditjon5 which have not been mei ai the ye8r end gre noted as commitmcrhL bul not atttved eXpdIlTe. TixattOA Th¢ ch4rity is exempt from on its djaritable Activitie8. FyDd a¢¢ouTrtln¥ ljenerai fid$ are unrestricted fimds available for use at the discretion of thc Trustees in filltherance of the gencral objcGtives of the ¢harity and which havc not been d¢siwied for othtr puryose Ch Jit bank and ID hand Cash at bank and in hand ineludcs cash artd short tern) highly liquid investments with a short matiwity of three months or le&% from the date of acqui8Lti¢)n or opening of the d¢Fwi¢ w simil3r account. continued...
SelOIn FoundAtioD Note¥ to the FIDAncIAI Stst¢nwnts- ¢ODtknued for the Year Effjded 5 Aprll 2026 Dof4ATJONS AND LEGACIES Totsl fund8 2026 Tthal funds 2025 fuDd$ 2026 150,0 INVESTMENT INCOME 5.4.26 5.4.25 Inve8tment income- Dividends 142.483 177,179 INVESTMENT MATh AGEMEIYT FEES lttwertrnent InAli8ieiiieiit ¢0 5.4.26 5.4.25 InY¢stment manwmcnt fec9 96,115 85,795 CHARETABLE AcnviTJES COSTS Othw Tothl 2025 2Tr26 Z026 ExpenditUT¢ on Inv¢stment management 9Aii3 85,795 OTT$fnth 9&115 94115 85,795 tk)nati¢)n Bxpcnditure on govumanc¢ Othet expendittns 1,161J IS754 .1fj1.540 IS754 1,294.950 30,918 2.152 1,27&964 1.274964 1.413,813 GOVERNANCE COSTS U•rHtrlthd funds 1026 Toraj fithls 2025 2026 AuditorfjTrmunm¢n Legd artd prof¢ssionBI fc¢s AccountKY ftts 7060 336 7WO 1242) 336 815 24.0(K) 103 (2421 14754 IS754 30.918 Pa8¢ 10 continued...
SedeC01lIgs Ftswnditlo Notes to th¢ Flllwial Statements- r th¢ Year Ended 5 Aprll 2026 Donations were made to the followingorganisatson& 2026 2025 Balloon5 Beresford Street Kitchen Boun¢e Bright¢r Future5 Community Foundation for Surrry Csrefree CwAI] Copper Academy Counsclling For So¢iai Clwig¢ Cornwall Community Foundation Dev¢)n Communiry Fowidati¢)n Dr&45 for Sue¢ess DYS Space Limited Eikon Charity Ho15WOrthy Lundw)n Club Jerscy Community F¢Jundation Jersey Hospi¢¢ Care One-Eighty L Parental Minds C.l.C Pete's Dragon8 PMH Borders PToject Manna Seen Limit Sd Community Hub Sound Communities Th¢ Briwtte Tru* The Pearl Ex¢hang¢ The Old Bank Camclford The Wave Proj¢¢t Tivertort Town Council West Surr¢y Golf Club Veterans into Lowstics Young Epilepsy Zrn Wat¢r8 Other donations less than £l.(M)O 10.000 10,000 30.0(K) 30,000 250,1XX) 21340 20.000 yo.000 ioJoo 230.0 285JIM) Jo.0( Jo,000 34,5(Nl 20,200 132250 240,0 10,O(M) 30.0(K) 39,5Tr) 500 340,0(KI 3(.( io,•oo JO,IKK) 20,IXM 10,¢ iO.IKK) isooo Jo.•oo 10.000 10,000 JO,IKM) 10,IXX) lo, 50,(KKS 10,000 10,•oo 66JOO 2JOO 20.000 io,w) Jo,000 10,000 2.5(K) 10,000 i(w) Total 1,294,950 Pagell ca)tinu¢d...
SedelQollings FoundAtion Notes to the FIR81 Stst¢ments- eoDtIMved for the EDde415 Aprll 2026 TRUSTEES, REMUNERATION AND BENEFITS Thete wcre no truBt¢¢l r¢mun¢rion or other benefits for the year ethdl 5 April 2026 nor for the YM ended 5 April 2025. Trnjtees, expeno One or more tr]steu ¢latme4 or had ort their beha]f, exSe5 totalling £5,555 {2025.' £2,152) COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Utwearicted fund INCOME AND ENDOWMEIYIS FROM Donations and l¢8acies 150,000 Invwment income (hher incom¢ 177.L79 33,899 Totsl 361,078 EXPENDITURE ON Inv¢stm¢nl m8nwment fttg 83,795 Cbgrlt8bie actlvl Donati(ms Governance cos 1,294,950 30,918 (Xh 2,152 Tot 1,413,815 Net gain(]0$%) on inv¢stm¢nts {288,977) NET INCOMEI{EXPENDITURE 11,341.714) RECONCtLIATION OF FUNDS Total brought forward 10,700.077 TOTAL FUNDS CARIUED FORWARD 9,358,363 Page 12 C(tinu...
sell0]lIng5 F•uDdado Notes to the FiD8nctAI Sthterthents- ¢ontlnued for the Yefir Ended 5 April 2026 FIXKD ASSET INVESTMENTS Li*ed investtncnts MARKET VALUE At 6 April 2025 Disposals ReV81]un8 ,499.172 (1,333,676) 996,707 At 5 April 2026 8.162,203 NET BOOK VALUE At S April 2026 ,162203 At S April 25 8,499,172 There were no inVeStrtnt assets outside the UK. t or valuation at 5 April 2026 is r¢pr&4enttd by.. Listed Valuation in 2026 996.707 7,165,496 8,162.203 Fixed asset ijyvestmenls ar¢ a fomi of flnancial instNm¢ni and are initially recognised at their tr8msactiM cost and Subsequently mcasured at fair valu¢ at the B21anee sheet dai< flir valu¢ cannot be meawrcd reliably in which cw it is rnered ht cost less impainnent. Inv&Strnt gains and losses, whether r¢alised or U111$ed, are combingj showTr in the headin¥ aIn(lolesl on inVe8tMcn in the Statoment of fin¢18) a¢tivi¢ies. CASH AT BANK fiu)ds 2026 fidS 2025 Total ush in hand 1,964,074 1.265,191 Page 13 ¢{rinueAl...
SedeC0ll1v FouTrdAtlfyn Notrs to the St•tsments- eoDthiued for the Yer Ended S Aprll 2026 io. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 5.4.26 5.4.25 Other creditors 108,400 106,000 CREDrroRS: AMOUIYTS FALLING DUE AFTER MORE THAN ONE YEAR 5.426 5.4.25 (hher cmjittts 21x1.000 300,000 12. MOVEMENT IN FUIYDS Net movement in funtLs Ai 5.4.26 At 6.4.23 Unrethcted nd¥ Unrestricted ftmd 9,358,363 459J14 9,817,877 TOTAL FUNDS 9,358.363 459J14 9,817.877 Net mov¢rncnt in fjJnd5, included in the aFA)V¢ 8T¢ u follows.. Incornin8 Rcsour¢¢ eXpded Gains and Movement in Unrejtrlrted funds Unre8tricted fitnd 161 J30 (1,278,964) l J76,948 459,514 TOTAL FUNDS 161530 11,278.964) 1,576,948 459.514 Compvadvu for mov•rnent ID fund• Net At 5.4.25 At 6.4.24 in fimds Unre8trl¢ted fun Unrcstricted futld 10,700.077 {1,341,714) 9,358,363 TOTAL FUNDS 10.700.077 {1.341,714) 9,358,363 Page 14 corttinuttj...
Sedellolliny Found•do Not¢$ to the FinaNclAI Ststements- contlnued for the YeAr Ended 5 Aprll 1026 12. MOVEMENT IN FUNDS- e•ntinued Comparaiive net movement in fulld4 included in the aih)ve ar¢ as follo Incoming Gtiins 8nd loss Movement in fiu)ds expended Utsre8trl¢¢ed fund0 Unrestti¢ieA fund 361,078 (1,413,8l51 (288,977) 11,341.714) TOTAL FUNDS 361,078 (1,413,815) (288,977) 11.341,714) A currcnt year 12 months aThd prior ycar 12 months combincd position 15 &$ follows.. Net tnovement in fimd8 At 5.426 At 6.4.24 Unrestrkted fun Unr¢stricted fvnd 10,7(K>.077 {882,200) 9.817,877 TOTAL FUNDS 10,700,077 {882,2001 9,817,877 A ¢ur¢nt year 12 months and prior year 12 months Combin net movement in fund& IlUdj in the above are as follows.. Incomin8 ReUrceS expended G&in$ 8d losses in fimd8 Unrertrleted fvnd• Unrestricied fund 322.608 {2,692,7791 1,287,971 (882,200) T(YfAL FUNDS 522.608 (2,692,779) 1,287,971 {882,200} Page 15 c<>ntinued...
SedekC0llln Found8thiD Notes to the FlnaDcIAI St&tsments- ¢oDtlnued for the Ver Ended 5 Apri12026 13. RELATED PARTY DISCLOSURES During the year cnded 5 April 202A 1nV&tnen were held with Satis Wea]th MaT4rnt Limitrl a wmpwy of which truste4 Ross Badger was a diredor uDtLI 24 sq>temb 2025. Following his resiwwiion as a direrfor, Ross Badgcr re¢airted a minority sharcholding in the company. Invcdmcnis held with Satis Wcalth Management Limit at 5 April 2026 totsllcd £4,290,734 (2025.. £4,321,705). lrtvestment MarSeMCnt fees paid to Satis Wcalth Management Limited during theyegr totsil¢d £42,907 {2025.' £44.3461. 14. FINANCIAL INSTRUMENTS The charity only has fllhancial xget8 and fiJwKia] liabilities of a kirtd that qualify &8 basi¢ fuwicial instrUMts. Ba81¢ finan¢iAI insttuments initiajly rwjised at transaction value and bSeqUent[Y measured at their settlement value with the eKc¢ption of bank loans which are subwu¢ntly measured at amortil c05t Using thc ¢ffwtive intcr¢* method. GOING CONCERN The flnancial ststernents Br¢ PT¢pared s)n a going c(rtKem basis. As of this procu& the trustee5 the charity'8 financial SItiOn. Having r•Trewe4] forecasts and resttves. thc trus1ees 8T¢ 11&fi¢d that there are no matwial unce1¢S and that the going conc¢m bosis remains ippropriatr. Pa8¢16
SedelQolllng8 Found4tlon Detailed St8tsmeDt of Fim#N¢1 A¢tivltles for the Year Ended 5 April 2026 5.4.26 5.4.25 JIYCOME AIYD ENDOWMENTS Donatlonx and kKar tknnaiions 150.0 Inweytmenl Incon Investtnent ineom¢- Dividmds 142,483 177.179 Other In¢om¢ Deposit aOUnt int¢K8t 19,047 33,899 Total IDeomlnR rewjrc 161,530 361,078 EXPENDITURE Investment mgnaeement Costs Inv¢8tmet)t n8¢ent fees 96,115 85.793 ChrftAbk ietlvltl Accountancy Audii fee Legal and professional fees Bank charges DoAatiorts 7,800 7,860 336 (2421 1.161,540 24,C¥)O 6.OCN) 815 103 1,294,950 1,177,294 1,325,868 Other Tru51ees' expenses 5,555 2.152 Totsl re8ourccg expended 1,278,964 1.413,815 Net expendlture before nd IOM {1,117,434) 11.052,7371 R¢gNwd r•cOgnld gAitt# #nd loi R¢4li8ed gai11085ts) on fixed a56et invuttnet)ts 678,705 170,555 Net expendlture (438,729) (882,1821 Thispage does not forn) part of the statutory financial ststcrnts Poge 17
Virtual Cabinét Portal Digital Signatures Dlgltal Slgnature Vgrification You can verify Ihat thi$ is 8 9enuine Virtual Cats'n8t Docurnent Portal gned dUment by uploading it lo the f.j sècurè pa". httP8.'IAMv.virtU8lcabinelportal.comNerffySignedOocument Slgnature Datos and Times All date5 and tirnes Shown in the signatures bekjw are expressed in Cocfdinaled UnN8rs81 Time IUTCI, which is ggneralty equivalont to GMT. You can flnd oul morè abtyjt UTC at Ihe frAlowng w9b pagg.. hllp..I1N¥.¥irtUa1Can6lportal.C0rTthBtlsUTc Slgnature 1 gnad by R055 8adggr using auth8nticalion eode 0ERISIM+K43hS8nBV at IP 8dérèss 94.7.253.202, on 2026108114 12',36..59 Z. Ros$ B8dg¢rts e.mail addre6618'. Ross@FlossBdgLtd.com. Ros¥ 88dger added th8 Ik)ng commonts.. "Ross Wyndham Bt4Jge