Charity registration number.. 1133288 THE ANTHONY & PAT CHARITABLE FOUNDATION TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 2E Accountants Ltd FCMA Unit 11, Flamingo Court 81 Crampton street London SE17 3BF Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon Contents Page Trustees, Report Independent Examiner's Report Statement of Flnancial Activitles Statement of Financial Position Notes to the Financial Statements 7-11 The following pages do not form part of the statutory accounts.. Detailed Statement of Financial Activities 12 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon Trustees, Report For The Year Ended 5 April 2025 The trustees present their report and the financial statements for the year ended 5 April 2025. Objectives and Activities Alms and ObJectlve$ The objects for which the ChatY Is estsblished Is to further or promote such Charltsble purpose or purposes as the Trustees shall from time to time think fit. Public Benefit The Trustees confirm that they have referred to the guidance contained in the Charity Comrnission's general guidance on public benefit when reviewing the FoundatiQn'5 aim5 and objectives and in planning future activitie5. The trustees confirm that they have cornplied with the requ1ments of Sectiofi 17 of the Charities Act 2011 to have due regard to the Charity Commission's guidance on public benefit. Achievements and Performance Maln A¢hlevement$ Grnnts were approved and are detailed in the accounts. The trustees are pleased to continue with supporting their chosen charities. The Charity ha5 SUPPOrted a large nurnber of Charities again this year which is very gratifying for the trustees. The Charity continues to support a variety of institutions with a keen inierest and Focus on supporting local charilies. The team continues to work closely with a number of local charities supporting them in very difficult times. We alway5 work with thern to understand their work and gain a better understanding and appreciation of the amazing work they carry out, along with the challenges they face. The Trustees Continually seek suitable recipients for grants. The Trustees are satisfied with the performance of the Foundation during the year and will continue to apply the Foundation's funds for charitable purposes. Financial Review Financial Position Net movement In funds for the year were £26,806 12024.. E 148,0621 I comprising toral Income of £173,605 12024.. £28,551) and total expenditure of £133,94712024.. £140.8871. Charitable grants during the year arnounted to £64,844 12024.. £65,901). Structure Governance and Management Governing Document The Anthony and Patricia Ma5colo 2006 Charitable Foundation is constituted under a trust deed dated 9 May 2006 a5 amended on 8 13nuary 2010 and is a registered charity, number L133288. The name of the charity was amended to The Anthony & Pat Charitable Foundation on 3 May 2012. The trustees are appointed by the Board of Trustees. The Trust was establlshed to glve expresslon of the charitable Intentions of Anthony and Patricia Mascolo. Donations are not invited frorn mernbers of the general public. The Trust will achieve its objectives rnainly by making grants to a variety of charities. Trustees meet at least twice a year to give tonsideration to the status or the Foundation's funding, reserves, risks, investrnents and grant making. The Foundation has no paid staff, however, the trustees call upon the services of certain eThployees of AB & P Mascolo Investments LLP, a related partyi for the provision of consultancy services and administrative support. The power to appoint new trustees rests with the existing trustees. On appointment. the decision making process of the Foundation is explained to new trustees by one of the existing trustees who a150 provide an overview of the administrative procedures employed by the Foundation. Page I Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon Trustees. Report {continued} For The Year Ended 5 April 2025 Reference and Administrative Details Tru5tee5 Mr Anthony Mascolo Ms Patricia Mascolo Ms Alexandra Mascolo Mr Rex Newman Ms Georgina Mascolo Charlty Number 1133288 Principal Address The Libftry Space 108 Battersea Park Road London SWII 4LY Independent Examiner Kim Hooper FCA 2E Accountants Ltd FCMA London Page 2 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon Trustees. Report {continued} For The Year Ended 5 April 2025 Statement of Trustees. Responsibilities The trustees are resPOn5ible for pparIng the Tru5tee5' Report and the financial 5tatetnents in accordance with applicable law 3nd United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pr3Cticel. The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which glve a true and fair view of the state of affalrs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial staternents the trustees are required to.. select suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charity SORP,. make judgments and accounting estimates that are reasonable and prudent,. and ppare the financial statement5 On the going concern ba515 unle55 It is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the account5 comply with the Charitie5 Act 2011, the Charity (Atcounts and Reports) Regulation$ 2008 and the provisions of the trust deed. They are also spOnSible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corpor3te and financi31 information include(J on the charity'5 website. Legislation in the United Kingdotn governing the preparation and dissemination of financial statement5 may differ from legislation In other jurisdictions. The trustees, report was approved by the board of trustees and signed on its behalf by.. Mr Anthony Mascolo Trustee 4 February 2026 Page 3 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon Independent Examiner's Report to the Trustees of The Anthony & Pat Charitable Foundation For The Year Ended 5 April 2025 port to the trustees on my examination of the accounts of The Anthony & Pat Charitable Foundation (the Trust) for the year ended S April 2025. Responsibilities and Basis of Report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I-the Act"). I report in respect of my examination of the Trust'5 account5 carried out under section 145 of the 2011 Art and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent Ex•miner'$ Ststement I have completed my examination. I conflrm that no material Matr5 have come to my attention in connectlon wlth the examination giving rne cause to believe that in any rnaterial respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act., or 2. the accounts do not accord with those Cords. or 3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charitie5 IAccount5 and Reports) Regulations 2008 other than any requirernent that the accounts give a 'true and fair vlew, which Is not a matter consldered as pari of an Independent examination. I have no concerns and have come across no other matters in connection with the examin3tion to which attention should be dwrn in this report in order to enable a proper understanding of the accounts to be reached. Kim Hooper FCA 4 February 2026 London Page 4 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charitable Foundatlon statement of Financial Activities For The Year Ended 5 April 2025 2025 2024 Unrestricted Unrestricted funds funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Investments 150,000 23,605 28.551 173,605 28.551 EXPENDITURE ON: Raising funds Charitable activities.. Charitable activities other 13,4891 13.8321 1129,7801 16781 1137,0551 IL33,9471 1140,8871 NET INCOME/(EXPENDITURE) BEFORE INVEsfMENT GAINSI(LOSSES) Net Ilossesl/gains on investments 39,658 112,8521 1112.3361 64.274 NET INCOMEI(EXPENDITURE) 26,806 148.0621 NET MOVEMENT IN FUNDS 26,806 148,0621 RECONCILIATION OF FUNDS: Total funds brought forward 1,179,176 1,229,744 TOTAL FUNDS CARRIED FORWARD 13 1,205,982 1,181,682 The notes on pages 7 to 11 form part of these financi31 statements. Page 5 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon statement of Financial Position As At 5 April 2025 2025 2024 Unrestricted funds Total funds Notes FIXED ASSETS Investments io 1.064.493 1.186.752 1.064.493 1.186.752 CURRENT ASSETS Debtors C3sh at bank and in hand 37,901 135,748 7,355 23,096 173.649 30.451 Creditors: Amount5 Falling Due Within One Year 12 132,1601 135,5211 NET CURRENT ASSETS (LIABILITIES) 141.489 15.0701 TOTAL A$Ss LESS CURRENT LIABILITIES 1,205,982 1,181,682 NET ASSETS 1,205,982 1,181,682 FUNDS OF THE CHARITY Unrestrirted Funds 1,205,982 1,181,682 TOTAL FUNDS 13 1,205,982 1,181,682 On behalf of the t)oard Mr Anthony Mascolo Trustee 4 February 2026 The notes on pages 7 to 11 form part of these financial statements. Page 6 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charitable Foundatlon Notes to the Financial Statements For The Year Ended 5 April 2025 l. General Information The Anthony & Pat Charitable Foundation is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1133288. The princip31 address is The Library Space, 108 Battersea Park Road, London, SWII 4LY. 2. Accountlng Pollcles 2. 1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I January 20191. Financial Reporting Standard 102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland 2nd the Charities Act 2011. The charity is a Public Benefit Entity as defined by FRS 102. 2.2. Incoming Resources All incomlng resources are included In the statement of financial activlties when entitlement has passed to the charlty,. it is probable that the economic benefits a550ciated with the transaction will flow to the charity and the amount can be reliably Measu. The following specific policies afft applied to particular categories of income.. income from donations or grants Is recognlsed when there is evidence of entitlement to the glft, receipt is probable and Its amount can be measured lIablY. legacy income is recognised when receipt is probable and entitlement is established. • income From donated goods is measured at the fair value Of the goods unless this is impractical to measufft reliablyi in which case the value Is derived from the cost to the donor or the estirnated resale value. Donated facilities and service5 are recognised in the account5 when received if the value can be reliably easure. No amounts are included for the contribution of general volunteers. Income from contrarts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted fund5 unle55 there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Gift Aid income Is recognised when the qualifying donation Is received 3nd there is sufficient evidence to support the Gift Aid claim. Gift Aid recoverable at the reporting date but not yet received is included within debtors. 2.3. Resources Expended Expenditure 15 recogni5ed on an accruals basis as a liability is incvrred. Expenditure includes any VAT which cannot be fully recovered, and Is classified under headings of the statement of financial activities to which It relates.. expenditure on raising funds Includes the costs of all fundrnising activities, events, non-ch3ritable trading activities, and the Sale of donated good5. expenditure on charltable actlvltles includes all costs Incurred by a charlty in undertaklng actlvlties that further Its charitable aims for the benefit of it5 beneficiaries. including those Support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expendlture that Is nelther related to raising funds for the charlty nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Dirert costs attributable to a single activity afft allocatèd directly to thai artlvlty. Shared costs are apportloned between the actlvltles rhey Conrrfbute ro on a reasonable. justifiable and consistent basis. 2.4. Investments 2.5. Cash and Cash Equivalents Cash and cash equivalents are basic financial assets and include cash In hand and deposits held at call with banks, other short-terrn highly liquid investments that mature in no more than three rnonths frorn the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. Page 7 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon Notes to the Financial Statements (continued) For The Year Ended 5 April 2025 2.6. Foreign Currencies Monetary assets and liabilities in foreign currencies are tftnslated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions In foreign currencies are translated Into sterling at the rate ruling on the date of the transaction. Exchange differen5 are taken into account in arriving at the opeTrting surplus. 3. Income from Donations and Legacies 2025 2024 Unrestricted Unrestrirted funds fund$ Donations and gifts Gift aid 120,000 30,000 150,000 4. Inve$tment Income 2025 2024 Unrestrlcted Unrestrlcted funds funds Interest from investments Dividends from investments 17.609 5,996 24,901 3,650 23,605 28.551 5. Analysis of Expenditure 2025 Grant fundlng of Support activities costs Isee note 61 (see note 71 Actlvltles undertaken directly Totsl Raising funds Charitable activities 3,489 18,709 3,489 129,780 64,844 46,227 22,198 64,844 46,227 133,269 2024 Grant funding of Support activities costs 15ee note 61 (see note 71 Artivitie$ undertaken dirertly Total Raising funds Charitable activities 3,832 15,595 3,832 137,055 65,901 55,559 19,427 65,901 55,559 140,887 Page 8 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon Notes to the Financial Statements (continued) For The Year Ended 5 April 2025 6. Grants Payable 2025 Grants to Institutions Support costs Total Charitable activities 64,844 17,496 82,340 2024 Grants to Institutions Support costs Total Charitable activities 65,901 14,400 80,301 Grants paid to institutions, included above. 3re as follows.. 2025 2024 Action Aid Age UK AHS Panos Alzheimers Society Baytree Centre point Childhood Trust 480 4,000 3,000 480 2,500 360 10,000 2.500 1.250 15,000 1,250 360 1.250 15.000 1.250 360 Donkey Sanctuary Fareshare Glassdoor Gurkha Welfare H & B Charity Ickle Pickle Katherine Low Redwings Refuge Salv3tion Arrny Share Smile Train Thames 21 Thrive Wand5 Foodbank Wornen of Wand5WOrth The Big Give 1,500 1,250 480 1,500 2,500 1,500 1,250 480 1,500 2,500 7,000 120 1.500 1.250 2,500 600 120 1,500 1,250 1,500 447 500 750 4,000 12,707 9,500 500 750 2,500 8,251 64,844 65,901 Page 9 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon Notes to the Financial Statements (continued) For The Year Ended 5 April 2025 7. Support Costs 2025 Charitable activities General adrnini5tration Governance costs 42,867 3.360 46,227 2024 Charitable actlvltles GeneTrl admlnistTrtion Governance costs 52,199 3,360 55,559 8. Independent Examiner's Remuneration 2025 2024 •$ re$t•ted Independent examination of the financial statements 960 960 9. Average Number of Employees Average number of employees during the year was.. I 12024.. 11 10. Investments Llsted Cost or Valuatlon As at 6 April 2024 Disposals Revaluations 1,186,752 1110,2111 112,0481 As at 5 April 2025 1,064,493 Provision As at 6 April 2024 As at 5 April 2025 Net Book Value at 5 April 2025 1,064,493 As at 6 April 2024 1,186.752 Page 10 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charltable Foundatlon Notes to the Financial Statements (continued) For The Year Ended 5 April 2025 11. Debtors 2025 2024 as restated Due within one year Prepayments and accrued income Gift Aid Debtor 7,901 30,000 7,355 37,901 7,355 12. Creditors: Amounts Falling Due Within One Year 2025 2024 as restated Trade creditor5 Accruals 28,800 3.360 32,161 3,360 32,160 35,521 13. Movement in Fund$ As at 6 April 2024 As at 5 April 2025 Income Expenditure Unrestricted funds General.. General unrestricted fund 1,179,176 173,605 1146,7991 1,205,982 Totsl funds 1,179,176 173,605 1146,7991 1,205,982 As at 6 April 2023 As at 5 April 2024 Income Expenditure Unrestricted fund5 General.. General unrestricted fund 1.229,744 28,551 176,6131 1,181,682 Totsl fund$ 1,229,744 28,551 176,6131 1,181,682 14. Transactlons wlth Trustees During the year the expense5 reirnbur5ed to the trustees or paid directly to third parties were as follows.. 2025 2024 15. Related Party Dlsclosures Two trustees made donations to the charity during the year totalling £120,000. The charity will claim Gift Aid of £30,000 on these donatlons. No conditions were attached to the donation5 and no trustee received any benefit in return. Page 11 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b
The Anthony & Pat Charitable Foundatlon Detailed Statement of Financial Activities For The Year Ended 5 April 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donations and legacies Donations from individua15 Gift aid 120,000 30,000 150,000 Investments Dividends from other current asset investments - listed Interest from other current a55et investments - listed 5,996 17,609 3,650 24,901 23,605 28,551 173,605 28.551 EXPENDITURE ON: Raising funds A¢minlstratlon of the Investments 13,4891 13,8321 13.4891 13,8321 Charitable Activities: Charltable artlvltles Charity deliverie5 Support and adrninistration costs Grants to institutions Leg31 fees Consultancy fees Independent ex3miner's fees Accountancy fees 117,4961 11,2131 164,8441 17.2001 135.6671 19601 {2,4001 114,4001 11,1951 165.9011 17.2001 144,9991 19601 12,4001 1129.7801 1137,0551 other Travel expenditure 16781 16781 1133,9471 1140,8871 NET INCOME/(EXPENDITURE) BEFORE INVESTMENT GAINS/{LOSSES) Net (ltssses)/g¥in$ on investments 39,658 1112,3361 Fair value Ideficitl/surplus on revaluation of investments 112,8521 64,274 112,8521 64,274 NET INCOME/(EXPENDThURE) 26,806 148,0621 Page 12 Doc ID". 76415e8d260da9a1b8341e20c22b2fa7b14be02b