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← Whitehead Monckton Charitable Foundation

2025-03-31-accounts

Charity registr81ion number 1139173 Company registration number 07444179 (England and Wales) WHITEHEAD MONCKTON CHARITABLE FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

WHITEHEAD MONCKTON CHARITABLE FOUNDATION LEGALAND ADMINISTRATIVE INFORMATION Dlrectors And TrustOOS ASBak G J Warman K L Speedie T C Moncklon E R Palmer Patron Lady Colgraln Charlty number 1139173 Company number 07444179 Reglst•rnd offlce 5 Ecllpse Park Siltingbourne Road Maidstone Kent ME14 3EN Independent examiner Sarah Jennings FCA Globe House Eclip38 Park Sittingboume Road Maidstone Kent United Kingdom ME14 3EN Bankorn Charlties Ald Foundatlon 25 Kings Hill Avenue We81 Malling Kent ME19 4TA Investment advi80r8 Raymond James Inv8Stment Services (W8ald of Kent Branch) 5 Eclipse Park Sittingboume Road Maidsione Kent ME14 3EN United Kingdom

WHITEHEAD MONCKTON CHARITABLE FOUNDATION CONTENTS P•ge Directors. report Statement of Directors. responsibilities Independent examinerfs report ststement of financial activities Balance sheet Notes to the financial statements 8-16

WHITEHEAD MONCKTON CHARITABLE FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Charity was incorporated on 18 November 2010 and was ￿gIStered wilh the Charily Commission on 23 November 2010. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Ad 2006 and "Accounting and Rewrting by Charities: Statement of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). (effective 1 January 2019). Objoctlvos and actlvllles The charitable objective of th8 Foundatlon Is to provide public benefit by making grant payments to support people and charitable organisations located primarily, but not exclusively, in th8 County of Kent. The Directors meet regularly to discuss grant applications and matters relating to the administr8tSon of the Charity. They have absolute discretion in the approval of grant appllcatlons. Achlovements and porformance Income was again received from its investment portfolio. Additionally the Charity's unreslricled lunds received leg8cy income of £838,66712024.' £686) in the year under review. In pursuance of the Charity's objectives, the Trustees sought and received requests from a number of Kentish charities seeking support for a variety of projects. The good works of a significant number of qualifying organisations were again advanced and assisted by way of grant support by the Foundation during the year ended 31 March 2025. The Directors are pleased that the Foundation h88 been associated in so many ways with charitable organisalions which benefit so many people of Kent. They are always keen to receive grant applications from new organisations and people, as well as donations to help finance the Foundation's work going fo￿ard. The Directors will keep the financial position of the Charitable Foundation under regular review in light of the value of the Charity's investment portfolio and exceptional income re￿iptS from donations and legacies. They will continue to 8d8Pt their grant-making policy accordingly. Flnanclal revl•w The results for the year to 31 March 2025 are set out on page 6. Total Incom8 for the year amounted to £874,009 12024.. £27,886). Total expenditure during the year totalled £98,088 (2024: £76,189) and included 72 grants payable to 72 local charitable causes, the details of which can be seen in Note 6 (page 11). Th8 valu8 of these grants payabl8 In respect of the year was £81,991 (2024: 60 grants totalling £66,956). Net expenditure for the year, after deducting costs of raising funds and operational costs1£16,097 in totall, but before ￿CogniS1n9 the net gains on the investment portfolio at 31 March 2024. amounted to £775.921 (2024= £48,303). After ￿cogniS1n9 net gains on its investment portfolio of £22.459. the value of the Charity's unrestricted funds increased by £798.380 {2024.' decreased by £28.065 after recognising gains on investments of £20,238) for the year, and amounted to £1,212,893 at 31 March 202512024.. £414,513). The Charity's unrestricted funds at 31 Ma￿h 2025 were predominantly represented by its investment portlolio which was valued at £1,218,49612024: £411,906} at that dale. The Directors have the ability to draw down on the investment portfolio by disposing of investments to fund urgent approved grant requests where the bank funds are insufficient.

WHITEHEAD MONCKTON CHARITABLE FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Financial review Icontinuedl Whilst the charity's quoted investment portfolio form the majority of Unrestricted Funds at 31 March 2025. it has net current liabilities for day lo day operations of £(5.603)12024'. net assets of £2,607). Included in Investments is 'Cash in portfolio, of £9,881 12024.. £3.794. Although primarily for application within the quoted Investment portfolio, the Trustees have absolute discretion to apply these resoU￿e$ for day to day needs as requiTed. Publlc beneflt The Directors confirm that they have complied with the Charity Commission's general guidance on public benefit. The charitable purpose of the Whitehead Moncklon Charitable Foundation is 5t8ted in ils 'Objeclives and Activities, and the Trustees ensure that this purpose is carried out for the public benefit by working lo ils Mission statement. R88eNe8 The financial reserves policy is reviewed and agreed by the Trustees in regular meetings so that funds can be distributed in accordance with the Articles of Association, and reserves maintained al a reasonable level, in order that the Charity remains able to provide for future needs. The Directors are satisfied th81 the level and allocation of the Charity's unrestricted reseNes at 31 March 2025 were in accordance with the policy. The Directors also believe that the value and structure of the Charity's investment portfolio will remain sufficienl to support the Charity's continued grant making activity for at least the next 12 months from the date of approving these accounts. Rl8k Management The Directors have reviewed the Major risks to which the Charity is exposed and they believe systems exist to mitigate those risks. All grants have lo be approved by 811 Directors. The charitable funds investsd and held on deposil are subject lo the compliance procedures of both the investment manager and Whitehead Moncklon Limited. Going concern The Directors have no reason lo believe that the charity will be unable lo continue operating as a going concern (able to pay it debts and grant Gommilmenls as they fall due) for a period of at least 12 months from the date of approving these accounts. Invéstmant pollcy The Directors have wlde powers of investment in accordanc8 wlth th8 governing instrument (the charitable trust d8ed) and the provisions of Ihe Charities Act. In conjunction with the Charity's investment advisors, the Directors approach the investment of funds in a cautious manner with the intention of maintaining the real value of the capital of the fund where possible, thu5 producing a realistic income from the capital which can then be distributed. Where appropriate, the Directors may distribute capital in furtherance of the objects of the Charity. structure, governance and management The Charity is a company limited by guarantee and the liability of its statutory members is limited to £10 each. The statutory members are the Directors and Trustees of the Charity. Each statutory member continues to have personal liability for up to a year after ceasing to be a member. The Directors and Trustees, who are also the directors for the purpose of company18w, and who seNed during the year and up to the dale of signatur8 of the financial statements were.. ASBak G J Warman K L Speedie T C Monckton E R Palmer New Directors are generally taken from the pool of Whilehead Monckton Limited's directors and associate directors, who are inlerviewed by the exists'ng D1￿ClOrS. D1￿CtOrS are not rernunerated. The Charity is governed by its Memorandum and Articles of Association which are available from the Charity on request, and is adminislered by the Trustees who are also the company directors for all areas of decision making.

WHITEHEAD MONCKTON CHARITABLE FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. The Directors, report was approved by the Board of Diredors And Trustees. K L Speedlo Director

WHITEHEAD MONCKTON CHARITABLE FOUNDATION STATEMENT OF DIRECTORS. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Direciors and Trustees, who are also the directors of Whitehead Monckton Charitable Foundation ft)r the purpose of company law, are responsible for preparing the Directors, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the Directors and Trustees to prepare financial statéments for each financial year which give a true and fair view of the stale of affairs of the charily and of the incoming resources and application of r8sources, including the income and expenditur8. of the charitable company for that year. In preparing these financial statements, the Directors and Trustees are reqUI￿d to.. select suitable accounting policies and then apply them conslstenily., - obseNe the methods and principles in the Charities SORP. make judgements and estimates thal are reasonable and prudent,. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that th8 charity will continue in operation. The Dir8Ctor5 and Trustees are responsible for keeping adequate 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 Compgnies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the p￿Vention and detection of fraud and other irregularities.

WHITEHEAD MONCKTON CHARITABLE FOUNDATION

INDEPENDENT EXAMINER'S REPORT

TO THE DIRECTORS AND TRUSTEES OF WHITEHEAD MONCKTON CHARITABLE FOUNDATION

I report to the Directors and Trustees on my examination of the financial statements of Whitehead Monckton Charitable Foundation (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the Directors and Trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of , which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I 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 of the financial statements to be reached.

Sarah Jennings FCA For and on behalf of Azets Audit Services

Globe House Eclipse Park Sittingbourne Road Maidstone Kent ME14 3EN United Kingdom

Dated: 1 October 2025

WHITEHEAD MONCKTON CHARITABLE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrnstricted Unrostrlctad fund8 funds 2025 2024 Not08 Income from: Donations and16ga¢ies Investments 844,347 29,662 15.641 12.245 Total Income 874,009 27.886 enditur• Raising funds 10,007 3,548 Charitable activities 81,991 66,956 Other expenditure 6,090 5.685 Total frxp•ndltur• 98.088 76,189 Net gainsllloss8s) on investments 22,459 20,238 N•t rnovement in fund• 798,380 128,0651 Fund balances at 1 April 2024 414.513 442,578 Fund balanc•• at 31 March 2025 1.212.893 414,513 The slat8m8nt of financial a¢tivitie8 includes all gains and losses recognised in the year. All Income and expenditure derive from continuing activities. The slalement of financial activities also complies with the requi￿rnents for an income and expenditure account under the Companies Act 2006.

WHITEHEAD MONCKTON CHARITABLE FOUNDATION BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Flxed assets Investments 10 1,218,496 411,9)6 Curr•nt a88ets Debtors Cash at bank and in hand 11 306 1,561 136 9,061 1,867 9,197 Cradltor8: amount8 falllng du• wlthln on• y•ar 12 {7,470) (6,590) Net current (liabilities)lassèts (5,6031 2,607 Totsl a•s•ts1008 current Ilabilltlo5 1,212,893 414,513 Incorne fund8 nreslricted fund8 Designated funds General unrestricted funds 13 1,208,615 4,278 408.112 6,401 1.212,893 414,513 1,212,893 414,513 For the year ended 31 M8rch 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating lo small companies. The dlrectors acknowledge Iheir responsibillties for Complying with the requirements of the Companies Act 2006 with ￿SpeCt to accountlng records and the preparation of financlal statements. The members have not required the company to obtaln an audit of its financial slatemenls for the year In question in a￿1rdance with section 476. These financial statements have been prepared in accordanc8 with the provisions applicable lo companies subled lo the small companies regime. l October 2025 The financial statements were approved by the DiredorsAnd Trustees on ......................... K L Speedie Trustse Company registration numbor 07444179

WHITEHEAD MONCKTON CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Whitehead Monckton Charitable Foundation is a Charity registered with the Charity Commission in England and Wales (Number 1139173). The address of the registered office is 5 Eclipse Park, Sittingbourne Road, Maidstone, Kent, ME14 3EN. 1.1 Accounting conventlon The financial statements have been prepared in accordance with the charity's governing document. the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republi¢ of Ireland" ("FRS 102.) and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 20191. The charity is a Public Benefit Entity as defined by FRS 102. Th8 charity has taken advantage of the provisions in the SORP for charitl8s not to prepare a Statement of Cash Flows. The financial statements are Prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded lo the nearest £. 1.2 Golng concern The financial slatements have been prepared on a going concern basi5 as the Trustees believe that no material uncertainties 8xisI. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from aulhorising these financial staternents. They believe that the predicted expenditure for that period will be adequately funded given the level of reserves of the charity and the management controls in place, and they therefore believe that the charity will continue lo operate as a going concem. 1.3 Charltable fund8 All funds are currently unrestricted and comprise net incoming resources for the objec18 of the Charity without further specified purpose. They 8re available as general funds to be 8pplied at the discretion of the Trusteesl directors. The Charity's unrestricted funds include designated funds where the Trustees have, at their discretion. set aside resources for a sp8clfi¢ purpose. 1A In¢om• Income is Included in the Statement of Financial Activities (SOFA) when the Charity becomes entitled to the income, the Trusle8s are certain they will receive the incom8, and the monetary value of the income can be measured reliably. Listed Investments and related income Dividends and interest due on listed investments is accounted for when receivab18. Tax recoverable on int8r85t is recognised in the same period as the qualifying interest. The Slalement of Financial Activities includes all gains and losses arising on revaluations and disposals throughout the year. Donations Voluntary income received by way of donations and gifts is included in full in the Ststement of Financial Activities when received. Amounts re￿1vable under the Gift Aid Scheme are recognised when received and tax recoverable is recognised in the same period as the qualifying donations.

WHITEHEAD MONCKTON CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Contlnuad) Legacy gifts Legacy gifts are recognised on a case by case basis when receipt of the income is believed to be probable. Income is believed to be probable when 811 of the following occur.. probate has been granted, the administratoflexecutor for the estate has communicated in writing the amount of the gift. there a￿ sufficient funds within the estate to make a distribution, and all conditions not under the control of the charity have been mel. For legacies where the gift is.. a residuary legacy, in a form other than cash, or which involves assets which require liquidation prior lo distribution, the legacy will only be recogni5ed where the above conditions have been met and the amount can be reliably measured with a degree of reasonable accuracy. whe￿ legacies have been notified lo the charity, or th8 charlty is aware of the granting of probate, and the crileri8 for income reco3nition have not been met. then the legacy is treated a5 a conlingenl asset and disclos8d il material. 1.5 Expendlturn Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement. and the amount of the obligation can be measured reliably. Expenditure is classified by 8Ctivily. The costs of each activity are made up of Ihe lolal of direct costs and Shared costs, including support costs involved in undertaking each aclivily. Direct costs atlribulable lo a single activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and support costs which a￿ not attribulable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocaled on the basis of ts'me spent, and deprecialion charges are allocated on the portion of the asset's use. Expenditure is generally recognised on an accruals basis in the year Sn which costs are incurred. Costs includ8 any attributable VAT which cannot be recovered. Grants payable are included on an accruals basis and are charged in the year in which there is a legal or nstructive obligalion to pay the grant and when any P￿-condItIOnS set by the Trustees have been lully satisfied. Costs of raising funds are those investment management fee8 for both income generation and capital maintenance. Other exp8ndltur8 represents those iteffl8 not falling into any other heading. 1.6 Flxed asset invostments Listed investments are recognised at fair value which is norfflally the Iransaclion price excluding transaction costs. Subsequently they are measured al fair value with changes recognised in 'gainsllosses on inveslmenls, in the SOFA if the shares a￿ publically traded. Realised gains and losses arising on disposals are recognised in the SOFA when the proceeds are receivable. 1.7 Cash and cash equlvalents Cash at bank comprises balances held on the tharity's current bank account. 1.8 Taxatlon The tharitable company is exempl from corporation tax on its income and gains falling within Part 11 of Corporation Tax Act ICTA) 2010. to the extent thal these are applied to its charitable objects.

WHITEHEAD MONCKTON CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies {Continu•d) 1.9 Debtors and cradltorn 06btors are recognised at the expected settlèment amount due. Creditors (accruals and grant payable} are recognised where the charity h85 a present obligation resulting from a past event that will probably result in the trar15fer of funds io a third party and the amount lo settle the obligation can be estimated or measured reliably. The liabilits.es are normally recognised at their expected settlement amount. 1.10 Status The company is incorporated with charitable status and is limited by guaranlee, not having any share capital. In the event of the Charity being wound up, the liabilily in respect of the guarantee is limited lo £10 per statutory member. Crltlcal a¢¢ounting •8tlmal•8 and Judgamen18 Accounting estlmates and judgements are continually evaluated and are based on hi8torical experience and other factors, including expectations of future events that are believed lo be reasonable under the circumstances. The trustees believe that they have systems in place to minimise any adverse impact on the Charity's operations, and they will continue lo monitor the prevailing value of the charity's investment portfolio in conjunction with advic8 from the investment managers when considering grant applications. No judgements or key assumptions Were made in the preparation of the accounts. Donalion8 and logacie8 Unrostrlcted Unrestrlctod funds funds 2025 2024 Donations and gifts Legacies receivable 5,680 838,667 14,955 844,347 15,641 Investments Unrestricted Unrestrlcted fund8 fund8 2025 2024 Income from lisled investments Income lax recoverable on int8rest receivable Interest reCe￿vable 28,275 170 1.217 12,067 42 29.662 12.245 10-

WHITEHEAD MONCKTON CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ralslng funds Unrostrictod Unrostrlcted funds funds 2025 2024 Investment manager fees 10,007 3,548 10,(K17 3,548 Gran18 payable Ch•ritsbl• Charftable Expondllurn Expenditure 2025 2024 Grants to institutions.. Medway Asthma Self Help Microphthalmia, Anophthalmia & Coloboma Support Mama lo Mama The Amber Foundation Pilgrims Hospices Toc H High Brooms Maidstone Citizens Advice Bureau Kent & Medway Young Musicians Trust Rubicon Cares Wyvem School Foundation Cirdan Sailing Trust The Hygiene Bank SNAAP: Special Ngeds Advisory & Acts'vities Project 3rd Walderslade Guides Amber Bee CIC Bright Shadow Catching Lives Keep Talking Services Rising Sun Domestic Wiolence Service Tenterden Mindfulness Group T6nterden Social Hub West Kent Mind Young Lives Foundation The Family Trust British Wireless for the Blind Fund Age UK Tunbridge Wells 2.500 2,460 1,600 1,600 1,575 1,529 1,500 1,500 1,500 1,500 1,500 1,400 1,360 1,250 1,250 1.250 1.250 1,250 1,250 1,250 1,250 1,250 1,250 1,500 1.570 1,500 11

WHITEHEAD MONCKTON CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Grants payable (Continued) Space 2Be Me Faversham Assicstance Centre Relate Kent Consortium The Octopus Foundation Second chan￿ Charity Making a Difference Maidston8 Embracing Arts East Kent Multiple Sclerosis Group Dentaid The Dental Charity 21 Together Prisoners, Education Trust Blind Veterans UK Education Business Partnership Kent Cruse Bereavement Support Hamstreet Victory Hall Fund Ernmaus Dover Prison Fellowship Dads Unlimited Heart of Kent Hospice other 1.500 1,250 1.500 2,500 1.500 1,500 1,250 1.250 1,622 1,600 1,310 1,500 1,900 1,250 1,250 1.250 1,250 2,000 1,500 33.704 47,967 81.991 66.956 All other grants were to institutions for amounts less than £1,250. There were 72 grants to institutions in 2025 (2024: 60) and none to individuals. Included in "other creditors. (see note 12) are grants payable amounting to £1,50012024.' £1.250). Commitrnent at 1 April 2024 Approved in year Paid in year 1.250 81,991 {81,741) 66,956 {65,706} Commitment at 31 March 2025 1,500 1,250 Tru8te•8 The Trustees of the charitable company are also its Directors. The Directors neither received nor waived any remuneration during the year (2024- £nil). The Directors did not have any expenses reimbursed during the year (2024: £nil}. During the year under review. no staff were employed by the Charity12024: none). 12-

WHITEHEAD MONCKTON CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support and Governance costs Unrestrlctod Unrestricted funds funds 2025 2024 Independenl examination fees Accountancy fees Bank charges 2,838 3,132 120 2,700 2,880 105 6,090 5.685 Taxation The charity is exempt from lax on income and gains falling wlthin sectlon 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Acl 1992 to the extent that these are applied to its charitable objects. 10 Flxed as801 Inv•8tments Lljtad invostmont8 Ca8h In portfollo Totsl Cost or valuatlon At 1 April 2024 Additions al cost Realised and unrealised gains on investments Cash movements Proceeds on disposals 408,112 1,043.949 22.459 3.794 411,906 1,043,949 22,459 6,087 {265.905) 6,087 (265,905) At 31 March 2025 1,208,615 9,881 1,218.496 Carrylng amount Al 31 March 2025 1,208,615 9,881 1,218,496 At 31 March 2024 408,112 3,794 411,906 2025 2024 Investments at fair value comprise: Equity- UK Equity- Overseas Bond- UK Bond - Overseas Real Estate - UK Private Equity- UK 699,323 172,730 194,668 116,872 14,758 10,264 1167,1651 (38.316) 91,239 88,846 11,614 10,932 1,208,615 408,112 13-

WHITEHEAD MONCKTON CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Flxed asset Investments (Continuad) There wer8 no individual investments held within the portfolio at year end greater than 5% of the total value of the portfolio. Hence, none have b88n disclosed. 11 Debtorn 2025 2024 Amounts falling duo withln one yoar: Other debtors 306 136 12 Crodltorn: amounts falling duo wlthln on• year 2025 2024 Other creditors - grants payable Accruals 1,500 5,970 1,250 5,340 7,470 6.590 14-

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WHITEHEAD MONCKTON CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Contlngant A88•ts At the year-end the charity had been advised of a pecuniary legacy. However the amount of the legacy is not currently quantifiable as it depends on assets being sold and the 8State being finalised and as such. it has not been recognised in the curr6nt year. 15 Rolated party transaction• There were no disdosable related party Iransactions during the year12024 - none). 16-