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: 

- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or 

- 2 the financial statements do not accord with those records; or 

- 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

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 

- 5 - 



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-

r

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-