The Thomas Family[Trust] |[Charitable]
| Report and Accounts
year ended 5 April 2025
THE THOMAS FAMILY CHARITABLE TRUST
CHARITY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2025
Trustees
Governing Document
William Thomas Fiona Thomas Julie Thomas Megan Thomsas Robinson Trust Deed 8 September 2009
Charity Registration Number
1131842
Principal Address
Coppice Farm Cottage Redpale Dallington Heathfield East Sussex TN21 9NR
Independent Examiners
McBrides Accountants LLP Nexus House 2 Cray Road Sidcup Kent DA14 5DA
Bankers
Barclays Bank plc 167 High Street Bromley Kent
| Contents | Page |
|---|---|
| Charity Information | 1 |
| Trustees’ Annual Report | 2-3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Cashflow | 7 |
| NotestotheAccounts | 8-12 |
THE THOMAS FAMILY CHARITABLE TRUST
TRUSTEES' ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The trustees have pleasure in submitting the Report and Accounts for the year.
Objects of the charity
The Charity operates under its trust deed which was made on 8th September 2009. The Charity was registered with the Charity’s Commission on 25th September 2009. The objects of the charity, as set out in the governing document are: to assist such charitable purposes as the Trustees in their absolute discretion think fit. The Charity raises funds for these purposes by predominately receiving donations from a limited company controlled by the Thomas family.
Summary of the charity's main activities and achievements
During the year, in order to achieve it's objectives, the Charity donated funds to Helderberg Street Peoples Centre, Brak En Jan Pre School Creche, Siphila Sonke Charity and the Forward Foundation to assist children and families with their education, social development and quality of life.
in planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Structure, Governance and Management
The current Trustees are shown on page one of this report. They all served throughout the year.
The trustees of the Charity met during the year to discuss all aspects and functions of the Charity. Decisions regarding the Charity are made by the Trustees at these meetings.
Financial review
During the year income was approximately £946,000 (2023 £138,000), and expenditure approximately £50,000 (2023 £163,000). As a result, the charity's funds held increased by approaching £896,000.
Reserves policy
The Charity believes that a reserves policy is not required as it has no material overhead costs and all unrestricted funds are available for distribution to enable the Charity to achieve its objectives. The Trustees have identified worthy causes in South Africa for which comparatively large sums of money would be required.
Key risks and uncertainties
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
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THE THOMAS FAMILY CHARITABLE TRUST
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2025
Ptans for the future
To accumulate funds the majority of which will be held on interest bearing accounts, the interest to be used by the beneficiaries to improve the quality of life for the people they have selected to help.
Respensibiities of trustees under charity law
The trustees are responsible for preparing.the trustees’ annua! report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice}.
Charitv law requires the trustees to prepare financial statemants for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:
e . /
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select suitable accounting policies and apply them consistently; ,
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observe the mathods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on a going concern basis unfess It is inappropriate to presume that the charity will continue in operation.
The trustees are rasnonsible for keaping proper accounting records that 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 Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
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Julie Thomas “J A.Thonn
Date: OF : 06-25
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THE THOMAS FAMILY CHARITABLE TRUST
Independent examiner’s report to the Trustees of The Thomas Family Charitable Trust
| report to the trustees on my examination of the financial statements of The Thomas Family Charitable Trust (‘the charity’) for the year ended 5 April 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that | might state to the charity's trustees those matters | am required to state fo them in this report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions | have formed.
Responsibilities and the basis of report
As the trustees of the charity you are responsible for the preparation of financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the charity’s financial statements carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145 (5) (b) of the Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently | express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner's statement.
Independent examiner's statement
Since the Trust’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 | a member of ICAEW, which is one of the listed bodies | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: . m - accounting records were not kept in respect of the charity as required by section 130 of the Act; or * n
- the financial statements do not accord with those records; or - the financial statements 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 the 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 order to enable a proper understanding ofthe financial statements to be reached.
Afidrew Warren on behalf of McBrides Accountants LLP FCA McBrides Accountants LLP Nexus House, 2 Cray Road, Kent, DAi4 5DA 10 June 2025
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THE THOMAS FAMILY CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2025
| Total | Total | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Funds | Funds | ||
| Funds | Funds | 2025 | 2024 | ||
| Note | £ | £ | £ | £ | |
| INCOMEAND ENDOWMENTS FROM: | |||||
| Donations and legacies | 3 | 850,000 | - | 850,000 | 25,000 |
| Charitable activities | - | - | - | - | |
| Interest receivable | 96,328 | - | 96,328 | 113,362 | |
| Total income and endowments | 946,328 | - | 946,328 | 138,362 | |
| EXPENDITURE ON: | |||||
| Charitable activities | 4 | 48,037 | - | 48,037 | 161,363 |
| Governance costs | 2,450 | - | 2,450 | 1,800 | |
| Total expenditure | 50,487 | - | 50,487 | 163,163 | |
| Net income | 895,841 | - | 895,841 | (24,801) | |
| Transfers between funds | 9 | - | - | - | - |
| Net movement in funds | 895,841 | - | 895,841 | (24,801) | |
| Reconciliation of funds: | |||||
| Total funds broughtforward | 2,071,585 | - | 2,071,585 | 2,096,386 | |
| Totalfundscarriedforward | 9 | 2,967,426 | - | 2,967,426 | 2,071,585 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The notes on page 8-12 form part of these accounts.
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THE THOMAS FAMILY CHARITABLE TRUST
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BALANCE SHEET
AS AT § APRIL 2025
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Total Total
Unrestricted Restricted Funds Funds
Funds Funds 2025 2024
. Note £E £ E £
CURRENT ASSETS
Debtors . & 42,373 s 32,373 9,928
Cash at bank and in hand 7 2,337,053 - 2,937,053 2,063,457
2,969,426 - 2,969,426 2,073,385
CREDITORS: Amounts falling
due within one year 8 2,000 - 2,000 1,800
Net current assets - BGiiwsietcainnts2,907,426 Wiiiawolteenmainns:- Gnamwinaaiamommn2,907, 426 Gmibeaiiiciinwas2,07 1,985
Total assets less current liabifities 2,967,426 - 2,967,426 2,071,585
ROTAL NEF ASSETS i2,967,426 - 2,967,426 ‘eee2,071,585
FUND BALANCES 3
Unrestricted Funds
General funds 2,967,426 - 2,967 426 2,071,585
Designated funds - - ~ -
2,967,426 - 2,967,426 2,071,585
Restricbed Funds - - - -
; 2,967,426 - 2,967,426 2,071,585
[ee |Eee eee
The finaholal statements were approved by the Board of Trustees and were signed on its behalf by: .
1
Julie Thornas TA .Thomo, Date oafo 6 faoas :
; Charity number: 1131842 ,
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The notes on page 8-12 form part of these accounts.
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THE THOMAS FAMILY CHARITABLE TRUST
FOR THE YEAR ENDED 5 APRIL 2025
| CASH FLOW STATEMENT | |||
|---|---|---|---|
| Note | 2025 | 2024 | |
| £ | £ | ||
| Cash flows from operating activities: | |||
| Netcashprovidedby(usedin) operating activities | See below | 777,268 | (151,091) |
| Cashflows from investing activities: | |||
| Dividends, interest and rents from investments | 96,328 | 113,362 | |
| Netcashprovidedby/(used in) investing activities | 96,328 | 113,362 | |
| Cash flows from financing activities: | |||
| Netcash providedby/(used in)financing activities | - | : | |
| Change in cash andequivalentsin thereportingperiod | 873,596 | (37,729) | |
| Cash and equivalents atthe beginning oftheyear | 2,063,457 | 2,101,186 | |
| Change in cash and equivalents due toexchange rate movements | - | - | |
| Cash andcash equivalents attheendofthe year | See below | 2,937,053 | 2,063,457 |
| Analysis ofchanges in net debt: | |||
| At start of | Non-cash | At end of | |
| year | movements | Cash-flows | year |
| £ | £ | £ | £ |
| Cash 2,063,457 |
- | 873,596 | 2,937,053 |
| Total netfunds / (debt) 2,063,457 |
- | 873,596 | 2,937,053 |
| Note a: Reconciliation of net income/(expenditure) to | net cashflowfrom operating activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Netincome/(expenditure)for thereportingperiod(asperthestatementoffinancial activities) | 895,841 | (24,801) | |
| Adjustments for: | |||
| Dividends, interest and rentsfrom investments | (96,328) | (113,362) | |
| (Increase)/decrease in debtors | (22,445) | (9,928) | |
| Increase/{decrease) in creditors | 200 | (3,000) | |
| Netcashprovidedby(usedin) operatingactivities | 777,268 | (151,091) | |
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THE THOMAS FAMILY CHARITABLE TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED5 APRIL 2025
1 = Statutory Information
The charity is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.
2 Accounting Policies
These financial statements are prepared on a going concern basis, under the historical cost convention.
These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The Charities (Accounts and Reports} Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a ‘true and fair view'.
The principles adopted in the preparation of the financial statements are set out below.
a) Going concern
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The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
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b) Income Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
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c) Expenditure Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
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The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
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THE THOMAS FAMILY CHARITABLE TRUST
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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5S APRIL 2025
d) Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.
e) Taxation
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The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
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f) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive).
3 Donations and legacies
| 3 | Donations and legacies | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Donations | 850,000 | 25,000 | ||
| Legacies receivable | - | - | ||
| 850,000 | 25,000 | |||
| 4 | Charitable expenditure | |||
| 2025 | 2024 | |||
| Incurred directlyon activities | £ | £ | ||
| Grants payable (Note 4a) | 47,984 | 161,255 | ||
| Other costs | 53 | 108 | ||
| Governance costs | Auditfee | - | - | |
| Independent examination fee | 2,450 | 1,800 | ||
| Total expenditure | 50,487 | 163,163 | ||
| a | Grants payable | |||
| 2025 | 2024 | |||
| Institutions | £ | £ | ||
| Helderberg Street Peoples | Centre | 8,632 | 8,602 | |
| Siphila Sonke Outreach Programme | 30,222 | 125,806 | ||
| Brak En Jan Creche | 4,315 | 4,301 | ||
| Forward Foundation | 4,315 | 4,301 | ||
| Sreepur Village | - | - | ||
| Hilfe fur Kinder in Uganda | ev Hannover | - | 18,245 | |
| Other | 500 | - | ||
| 47,984 | 161,255 |
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THE THOMAS FAMILY CHARITABLE TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 5 APRIL 2025
5 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses
No trustees received employment benefits in either the current or preceding year. No trustee was reimbursed for expenses in this or the prior year.
:
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|||||||||
|---|---|---|---|---|---|---|---|
|6|Debtors|2025|2024|
|Falling due within|one year:|£|£|
|Trade|debtors|-|-|
|Other|debtors|23,000|-|
|Prepayments|and|accrued|income|9,373|9,928|
|32,373|9,928|
|7|‘Cash|at|Bank and|in|Hand|2025|2024|
|£|£|
|Cash|at|bank|2,937,053|2,063,457|
|2,937,053|2,063,457|
|8|Creditors:|liabilities|falling|due within|one year|2025|2024|
|£|£|
|Trade|creditors|2,000|1,800|
|Accruals|—<—<—<—$5|S$|
|2,000|1,800|
|9|Funds|
|Opening|Incoming|Outgoing|Transfers|Closing|
|balance|resources|resources|in|the|year|balance|
|2025|2025|2025|2025|2025|
|£|£|£|£|£|
|General|Unrestricted Funds|2,071,585|946,328|(50,487)|-|2,967,426|
|Total|Unrestricted|Funds|2,071,585|946,328|(50,487)|-|2,967,426|
|Aggregate|of funds|2,071,585|946,328|(50,487)|-|2,967,426|
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THE THOMAS FAMILY CHARITABLE TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED S APRIL 2025
Analysis of net assets by fund
The assets and liabilities of the various funds were as follows:
| General | Designated | Restricted | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | 2025 | |||
| £ | £ | £ | £ | |||
| Debtors | 32,373 | - | - | 32,373 | ||
| Cash at bank and in hand | 2,937,053 | - | - | 2,937,053 | ||
| Creditors fallingdue within one year | (2,000) | - | - | (2,000) | ||
| 2,967,426 | - | - | 2,967,426 | |||
| In the previous year themovements in the | charity'sfunds wereasfollows: | |||||
| Opening | incoming | Outgoing | Transfers | Closing | ||
| balance | resources | resources | in the year | balance | ||
| 2024 | 2024 | 2024 | 2024 | 2024 | ||
| £ | £ | £ | £ | £ | ||
| General UnrestrictedFunds | 2,096,386 | 138,362 | (163,163) | 2,071,585 | ||
| Total Unrestricted Funds | 2,096,386 | 138,362 | (163,163) | - | 2,071,585 | |
| Aggregateoffunds | 2,096,386 | 138,362 | (163,163) | - | 2,071,585 | |
| Analysis of netassetsbyfund | ||||||
| In theprevious year, the assets and liabilitiesofthe variousfunds were asfollows: | follows: | |||||
| Unrestricted Funds | ||||||
| General | _—_Designated | Restricted | ||||
| funds | funds | funds | 2024 | |||
| £ | £ | £ | £ | |||
| Debtors | 9,928 | - | - | 9,928 | ||
| Cash atbankand in hand | 2,063,457 | - | - | 2,063,457 | ||
| Creditorsfallingdue within oneyear | (1,800) | - | - | (1,800) | ||
| 2,071,585 | - | - | 2,071,585 |
10 Transactions with related parties During the year the charity:
a) The Charity received a donation of £0 (2024 - £25,000) from Thomas Aston Homes Limited, a company with common directors/trustees.
c} No expenses were paid to trustees for whilst carrying out duties associated with being trustees; reimbursements for expenses incurred when acting as agent for the charity or incurred when undertaking employment duties not connected with serving as a trustee are not included in this disclosure.
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