REGISTERED CHARITY NUMBER: 1139397
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
FOR
FIELDSDENE TRUST
MHA {Irading name of Maclntyre Hudson LLP)
Limited liability partnership in England & Wales
Registered number OC312313
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
CF23 8RS

FIELDSDENE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Page
Report of the Trustees
Independent Examlner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7 to 13

FIELDSDENE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The trustees present thelr report with the financial slalements of the charity for the year ended 30 September 2024. The
trustees have adopted the provisions of Accounting and Reporting by Charilies- 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.
OBJECTIVES AND ACTIVITIES
Objectives and alms
Fieldsdene Trust supports evangelical Christian charities and affiliated workers through regular grants lo existing
beneficiaries. together with occasional one￿ff grants. The Trust has a particular interest in Wales without being limited to
Wales.
Grant maklng poli¢y
The trustees allocate Iwo thirds of income for grants by monthly standing orders. The majority a￿ for the 5UPPOrt of
people who have dedicated themselves to Christian service in association with a UK Charity. Regular grants for the
support of named people are only made when one or more of the trustees believe from their knowledge and experience
that the objectives of the Irusl are being met.
Other standing orders are to advance the Christian faith through student or graduate ministry. scripture distribution,
education and tTaining. The organisations involved are also known to one or more of the trustees.
One third of income is available for one-off grants. The same criteria are applied as for regular g￿nts. These grants are
decided at trustee meetings held three times a year.
Public benefit
The trustees of Fieldsdene Trust can confirm that they have complied with the duty in Section 17 of the Charities Act
2011 to have due regard to the public benefit guidance published by the Charity Commission.
ACHIEVEMENT AND PERFORMANCE
Investment perfoTmance
At 30 September 2024 the combined cost of investments was £3.591,517 and was valued at £5.657.154.
CCLA Fund Managers Limited were the investment managers throughout the current and prior year.
FINANCIAL REVIEW
Financial position
The finanual results are shown in the following pages. Total income for the year was £161.871 12023 - £159.513} and
lolal expenditure was £148.226 {2023 - £158,345).
The net gain on investments in the year was £548.906 (2023 - £66,762)-
Investment policy and objectives
The Injslees seek a spread of investments yielding long term real growth in ¢apital and medium-temi real growth in
income.
The tnjstees accept that the objectives of the growing capital and income imply a degree of risk in the inveslment
portfolio. Since Ihe grant policy of Ihe trustees is out of trust income the short to medium tem capital value of the
portfolio may fluctuate.
The trustees choose lo avoid Investmen15 that would be deemed to be inimic81 to the main object of the Irust.
Reserdes pollcy
The trustees seek to maintain a balance on deposit with the Investment Managers of at leasl 4 monlhs regular donations
to ensure that commitments can be met should contingencie5 occur. After providing for the required reserves, the
Iruslees aim lo ensure that expenditure approximates to the standard income of the charity.
At 30 September 2024 the charity's total funds amounted to £5.743,474. All of the funds of the charity are unrestricted.
Of this, £5,657,154 relates lo fixed asset investments, leaving frea reserves of £86,320. The trustees are satisfied with
the level of reseNes held.
Page 1

FIELDSDENE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Fieldsdene Twst is constituted as a charitable trust whose goveming document is ils Trust Deed dated 14 October
2010. It is registered with lh8 Charity Commissioners under charity number 1139397.
All decisions are made by the trustees as and when required.
Recrultment and appolntment of new trustees
A new trustee or new trustees may be appointed at any time (either by way of replacement or addition) but so that the
lotal number of trustee$ shall al no time exceed six.
Organlsatlonal Structure
The Fieldsdene Trust is managed by Its tfuslees, there are no employees of the Trust.
Induction and training of new trustees
There is no fom)al induction programme for new trustees, but new members are fully integrated into the running of the
trusl immediately on appointrnenL
Risk management
The trustees have considered the major risks of the Trust and are satisfied that the risks are being managed adequately.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1139397
Principal address
50 Waun-Y-Groes Avenue
Rhiwbina
CARDIFF
CF14 4SZ
Trustees
H J Capper
R J Powezka
J D J Capper
B Capper-P8ntea
Independent Examlner
MHA {Irading name of Maclntyre Hudson LLP)
Limited liability parinership in England & Wales
Registered number OC312313
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
CF23 8RS
Soll¢itors
Geldards LLP
CARDIFF
CF10 3ZF
Bankers
HSBC
PONTYCLUN
CF72 8AP
Page 2

FIELDSDENE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1310312025
Approvod by order ofthe Board of Trustees on ............................................. and signed on its behalf by:
R J Powozka- Trustee
Page 3
Doc ID: cbfOdd9905ebe33d9a8ebd23a4¢9c49c80e144f2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
FIELDSDENE TRUST
Independent examlner's report to the trustees of Field$dene Trust
I report to the charity trustees on my examination of the accounts of Fieldsdene Trust (the Trust) for the year ended
30 September 2024.
Responsibilities and ba$ls of report
As the charity ITuslees of the Trust you are responslble for the preparation of the accounts in accordance with the
requirements of Ihe Charities Act 2011 {Yhe Act,).
I report in ￿SpeCt of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out
my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl of the
Independent exarniner's statement
I have completed my examination. I confim) that no material matters have come lo my attention in connection with the
examinalion giving me cause to believe that in any material respect..
accounting records were not kept in ￿SpeCt of the Trust as required by Section 130 of the A¢t- or
the accounts do not accord with those records-, or
the accounts do not comply with the applicable requirements conceming the fomi and content of accounts set out
in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give
true and fair view which is not a matter considered as part of an independent examination.
I have no concems 8nd have come acii)ss 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 accounts to be reached.
Julia Mortimer FCCA
MHA {trading name of Maclntyre Hudson LLP)
Limited liability partnership in England & Wales
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
CF23 8RS
Date: .
Page 4

FIELDSDENE TRUST
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
Unrestricted
funds
2023
Total
lunds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
816
Investment income
161,871
158,697
Total
161.871
159 513
EXPENDITURE ON
Charltable activities
Advancement of Christian religion
148,226
158.345
Nel gains on investments
548.906
66.762
NET INCOME
562,551
67.930
RECONCILIATION OF FUNDS
Total funds brought forward
5.180.923
5,112.993
TOTAL FUNDS CARRIED FORWARD
5,743,474
5.180.923
The notes fomi part of these financial statements
Page 5

FIELDSDENE TRUST
BALANCE SHEET
30 SEPTEMBER 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
FIXED ASSETS
Investments
5.657,154
5.108.248
CURRENT ASSETS
Cash at bank
87,186
73.575
CREDITORS
Amounts falling due within one year
12
{866)
(900)
NET CURRENT ASSETS
86.320
72,675
TOTAL ASSETS LESS CURRENT LIABILITIES
5,743,474
5.180,923
NET ASSETS
5,743.474
5.180,923
FUNDS
Unrestricted funds
13
5.743.474
5.180,923
TOTAL FUNDS
5.743.474
5,180,923
The financial statements were approved by the Board of Truslees and authorised for issue on
..13.1.Q3.12025............... and were signed on its behalf by=
R J PowFzka - Trustee
}/-
J D J Capper- Trustee
The notes fomi part of these financial statements
Page 6
Doc ID.. cbfOdd9905ebe33d9a8ebd23a4c9c49c80e144f2

FIELDSDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
STATUTORY INFORMATION
Fieldsdene Trust is an unincorporated charity registered in England and Wales. The principal address Is shown in
the reference and administration details. The nature of the charity's operations and principal activities are
disclosed wlhin the Report of the Trustees.
The financial statements are p￿sented in Sterling {£), the chadty's functional currency, and rounded to the
nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistenuy applied to all years presented unless othe￿ise ststed.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity. which is a public benefit entity under FRS 102. have been piepared in
accordance with the Charitie5 SORP IFRS 102) 'Accounting and Reporting by Charities= Statement of
Recommended Practice applicable to charities preparing Iheir accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Charities Act 2011. The financial statements have been prepared under the historical cost convention. with the
exception of investments which are included at market value, as modified by the revalualion of certain assets.
The charity has prepared the financial statements in accordance with Accounting and Reporting by Charilies..
statement of Recommended Practice applicable to charities preparing their 8c¢ounls in accordance with the
Financial Reporting Standard applicable in the UK and the Republic of Ireland {FRS 1021 (effective 1 January
2019) in preference to Ihe Accounting and Reporting by Chartlie5- Statement of Recommended practi￿ issued
on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn. This has been done
in order for the a{￿unts to provide a Iwe and fair view in accordance with the Generally Accepted Accounting
Pr8Ctice effective for reporting periods beginning on or after 1 January 2019.
There have been no material departures from Financial Reporting Standard 102.
Golng concern
No material uncertainties related to events or conditions that may cast significant doubt upon the entity'5 ability to
conlinue as a going concem exist.
Income
All income is recognised in the Statement of Financial Activities once the charity has enlitlement to the funds: it is
probable that Ihe income will be received and the amount can be measU￿d reliably.
This includes capital grants.
Donations and legacies income includes donations. gifts and grants that provide core funding or are of a general
nature are recognised where there is entidemenl, probability of ￿elpt and the amount can be measured with
sufficient reliability- Such income is only deferred when the donor specifies it musl be used in future accounting
periods or the donor has imposed conditions which must be met before the charity has uncondllional entrtlement.
Investment income is recognised on a recetvable basis.
It is not Ihe policy of the charity lo show income net of expenditure.
Expenditure
Liabilitie5 are recognised as expenditure as soon as there is 8 legal or constructive obligation committtng the
charity to that expenditure, it is probable that a transfer of economic benefits WTII be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all cost related to the category. Where costs cannot be
dSrectly attributed to particular headings, they have been allocated to activities on a basls consistent with the use
of resource5.
Page 7
continued..

FIELDSDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
ACCOUNTING POLICIES- continued
Expenditure
Charitable expenditure comprises those costs incurred by the charlty In the delivery of Sts activities and seNi¢es
for ils beneficiaries. 11 includes both costs that Can be allocated direclly to such activlties and those costs of an
indirèct nature to support them.
Support costs are those costs that, whilst necessary lo deliver an activity. do not themselves produce or
constitute the output of the charitable activity. This includes governance costs which are those costs associated
with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and
cosls linked to the strategic management ol the charity.
Expenditure includes VAT as the charity is not VAT registered.
Grants offered subject lo conditions which have not been mel at the year end dale are noted as a commttment
but nol accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable aclivilies.
Investments
Investments are included at market value at the balance sheet date. Realised and unrealised gains or losses on
investrnenls are shown separately on the face of the statement of financial activities.
Investment income is recognised on a receivable basis.
Basis of reeognltion of liabilities
Liabilities are recognised as soon as there is a legal or constructive obligation which commits the charity to the
expendi￿￿.
Financial instruments
The charity only has financtal assets and financial liabilities of a kind that qualify as basic financi81 instruments.
Basic financial instiuments are initially recognised at transaction value and subsequently measured at their
settlement value.
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued al the amount
prepaid.
Creditors and provisions are recognised where the charity h2s a present obligation resulting from a past event
that will probably result in the transfer of funds to a Ihird party and the amount due to settle the obligation can be
measured or egtimaled reliably. Creditors and provisions are normally recognised at their selllement amount after
allowing for any trade discounts due.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular reslricled purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included In the notes to Ihe financial statements.
Page 8
continued..

FIELDSDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
DONATIONS AND LEGACIES
2024
2023
Donations
816
INVESTMENT INCOME
2024
2023
Dividend In￿Me
Deposit account interest
160.044
1.827
157.484
161.871
158.697
CHARITABLE ACTIVITIES COSTS
Grant
funding of
aclivtlies
(see note
6)
Support
costs
Totals
Advancement of Christian religion
147.077
1.149
148,226
GRANTS PAYABLE
2024
2023
For the advancement of the Christian Religion
147.077
157,138
Grants paid to inslitutions during the year were as follows..
International Fellowship of Evangelical Students
Universities and Colleges Christian Fellowship
European Christian Mission
SIM Intemational {UK)
The George Muller Charitable Trust
Union Foundation
Operation Mobilisation
Good News for Everyone!
Grace Baptist Mission
Wycliffe Bible Translators Limited
OMF International (UK)
Evangelical Alliance
UFM Wortdwide
Pioneers UK Ministries
France Mission Trust
Pontypridd Christian Concern
Grace Rural Wales Partnership - Y GRWP
Ambassadors Football
Yr Eglwys E Gym
Impact Giving UK Trust
Wales Leadership Forum
Pioneers
Madora Mission
Grangetown Baptist Church
The Parish Pontypridd
Hope Pernbrokeshire
Lampeler Evangelical Church
Gateway Church CAE
Bethel Evangelical Church
Yr Eglwys Efengylaidd
Ab0ry5￿lh Student Christian Union
14,820
22.806
3,444
3.444
3.444
8,982
2.736
6.012
1,908
6.189
10.191
2,500
1,908
3.908
2,736
1,908
3,444
1.060
2,544
1.908
11.640
14.592
24,996
3.384
3,384
3,384
11.232
2,688
5.904
1.872
6.072
10,020
1,872
2,872
2,688
1,872
13,384
1.872
5,000
1,300
1,000
10.000
5,000
10,000
5.000
3,500
2,500
1,000
750
795
1,500
2,000
750
Page 9
ontinued...

FIELDSDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
GRANTS PAYABLE - ¢ontinued
stewardship
Hebron Evangelical Church
The Foundations Trust
Ffynnon Llandysul
Childs Hill Baptist Church
Impact Giving UK
2,500
2.000
5.000
5,000
5.000
5,000
147,077
157.138
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefiis for the year ended 30 September 2024 or for the year
ended 30 September 2023.
Trustees. expense$
No trustee expenses were paid during Ihe year {2023_' £Nill.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
INCOME AND ENDOWMENTS FROM
Donations and legacie5
816
Inveslment income
158.697
Total
159.513
EXPENDITURE ON
Charitable activities
Advancement of Christian religion
158,345
Net gains on investments
66.762
NET INCOME
67.930
RECONCILIATION OF FUNDS
Total funds brought forward
5,112.993
TOTAL FUNDS CARRIED FORWARD
5.180,923
Page 10
continued...

FIELDSDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
INDEPENDENT EXAMINER'S REMUNERATION
2024
2023
Independent examlnation fee
816
780
10.
FINANCIAL INSTRUMENTS
2024
2023
Flnan¢lal assets
Financial assets that are debt instruments measured al amortised cosl
Financial assets measured al fair value
87.186
5,657.154
73.575
5,108,248
Financial liabllities
Financial liabilities measured at amortised cost
866
900
Financial assets measured at amortised Cost Comprise cash al bank, and financial assets measured at fair value
comprise fixed asset investments.
Financial liabilities measured at amortised cost comprise accNals.
11.
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
Al 1 October 2023
Revaluations
5,108,248
548.906
At 30 September 2024
5,657.154
NET BOOK VALUE
At 30 September 2024
5.657.154
At 30 Seplember 2023
5.108.248
There were no investment assets outside the UK.
Cost or valuation at 30 September 2024 is represented by..
Listed
investments
Valuation in 2024
5 657,154
Fixed asset investments comprise:
2024
2023
Llsted investments - CCLA Charities Ethlcal Investment Fund
5,657,154
5.108,248
5.657.154
5.108,248
2024
2023
Historical cost of investments
3,591.517
3.591.517
All investments are held primarily to provlde an investment return for the charity.
Page11
ontinued.

FIELDSDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
12.
CREOITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Accruals
866
900
13.
MOVEMENT IN FUNDS
Net
movement
in lunds
At
1110123
At
3019124
Unrestrlcted funds
General fund
5.180.923
562.551
5.743.474
TOTAL FUNDS
5.180.923
562,551
5.743.474
Nel movement in fLtnds, included in the above are as follows-
Incoming
resources
Resources
expended
Gain5 and
losses
Movement
in funds
Unrestricted funds
General fund
161.871
(148.226)
548.906
562.551
TOTAL FUNDS
161.871
148.2261
548.906
562.551
Comparatlves for movemenl in funds
Net
movement
in funds
At
1110122
At
3019123
Unrestrlcted funds
General fijnd
5.112,993
67,930
5.180.923
TOTAL FUNDS
5.112.993
67,930
5,180.923
Comparative nel movement in funds, Included in the above are as follows..
Ineoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted fund$
General fvnd
159.513
(158.345)
66.762
67,930
TOTAL FUNDS
159.513
158,3451
66,762
67.930
Page 12
continued..

FIELDSDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
14.
RELATED PARTY DISCLOSURES
During the prior year. the charity paid total grants of £5.904 to Good News for Everyone! a charity for which
Heather Capper was a trustee.
During the prior year, the ¢harity received a donation of £816 from one of the truslees.
Page 13