The Charlie Froud Foundation Annual Report and Finoncial Slotements for the Yeor Ended l January 2025 Charity Commission 12 MAY 2026 Received urton Sweet Chartered Certified Accountants Cornerstone House Midlond Way Thombljry Bristol BS35 2BS The Charlle Froud Foundation Contents Ref8rence ond Administrative Details Trustees, Report Independent examinerfs report Sfolemenl of financial activities Balance Sheet .....___. Notes to Ihe financial statements 6t08 The following page does not form porl of the statutory financial stotements: Statement of financial octivities per fund The Charlle Froud Foundatlon Reference ond Admlnlslrative Detalls Charlty name The Charlie Froud Foundation Accountanl Burton Sweet Comer5tone House Midland Way Thombury Brislol BS35 2BS Poge I The Charlie Froud Foundation Trustees. Report The Trustees, Annual Report year ending 1st Januory 2025 for The Chorfie Froud Foundation Cha¥ity Registration Number: 1142380 Address.. 37 Tockington Lone. Lower Almondsbury, Bristol. BS32 4DZ. Trustees: David Froud Heolher Froud Georgia Froud stephen Forss Soroh Todd David Todd Mark Slvart Objectiv•s and achlevemènts: The chorily's main objective tor the yeor wos to raise fund5 for the Glen of Imaol Mountain Rescue. Thi5 0rgoni5ation is a chority within the Red Cross group. saving lives and rescuing lost and often inlured people, in Ihe mountains of Wicklow, in the Republic ot Ireland. The Charfie Froud Foundation became a regi51ered charity in 2011. to support this orgonisation, whose volunteers found the plane Ihol Heother and Dovid's son Charfie died In. in a tragic accident 2008. The charity's strolegy for achieving the slated objective was to hold on annual fund- raising ball. o golf day and the ' I:1 O.'I OO, swim, run, cycle challenge. These three event5 raised the income set ovt in the Charily'5 Accounts. The grant-making policy of the chority is to donate the majority of funds eoch yeor to Ihe Glen ol Imool Mountain Rescue. If a Trustee hos a nomination for another worthy couse, it is di5CUSsed and voted on at the AGM. During this year the chorlty also supporled a non-verbal local school pupil by donating o software package that enabled them to communicale with teachers and other pupils. Approved by the Trustee on 5 May 2026 Page 2 Independent Examlner's Report to the Trustees of The Charlle Froud Foundation I reporl on the accounts of the Trust for the year ended l January 2025, which are set out on pages 4 to 8. Re$pecllve responsibilities of twsteo$ and èxaminer The Iruslee5 are responsible for the preparotion of the accounts. The trustees consider thot on audit 15 nol required for this year vnder section 144121 of Ihe Charities Act 2011 Ilhe 2011 Acti and thal an independent examination is needed. It is my responsibility to- examine the accounts undei section 145 of Ihe 2011 Act.. follow the procedures laid down in the General Directions given by the Charily Commission under section 145151 Ibl of the 2011 Acl- ond slote whether particular matter5 have come to my attention. Basls of Independen* exominols report My examinalion wos carried out in accordonce with the General Directions given by the Charity Commission. An examination includes a review of the occounting records kept by the chority ond o comparison of the account5 presented with those records. 11 olso inclLsdes consideration of any unusuol items or disclosure5 in the accounts. ond seeking explanation5 from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be requiied in on audit and consequently no opinion is given as lo whelher the occounts present a 'frue and f(Jir view, and the report is limited to those molter5 set oul in the statement below. Independent examiner's slaFement In connection with my examination. no matter has come to my attention- 111 which gives me reasonable cause to believe that in ony moterial re5pecl the requirements: to keep accounling records in accordance with section 130 of the Act., ond lo prepare account5 which accord with the oecounting record5 ond comply with the accounting requiremenls of Ihe 2011 Act hove not been mel., or 121 to which. in my opinion. otlention should be drown in order to enoble a proper under51anding of the accounls to be reached. Comerstone House Midland Way Thombury Bristol BS35 2BS Burton Sweel Chartwed Certified Accountants 5 May 2026 Poge 3 The Charlle Froud Foundatlon statement of Flnanclal Aclivllies for Ihe Year Ended l January 2025 Unreslrfcted Funds Tolal Funds 2025 Nde Incomlng resources Incoming resources from generofed fvjnds Voluntory income Total incoming resources 27.187 27,187 27,187 27,187 Resources expended Cos15 01 generoting lunds Costs of generating voluntary income Tolal resources expended 21.499 21,499 21.499 21,499 ReconcllloHon of funds Tolol lund5 corried forward 5,688 5.688 All incoming resources and resources expended derive from continuing oclivities. The charity has no recognised gains or losses for Ihe year other than the results above. The nole5 or) poges 6 10 8 form an integral part of these financial statement5. Page 4 The Charlle Froud Foundallon Balance Sheet as at l January 2025 2025 Current a$5et5 C05h at bank and Sn hand Net assets 5.688 The funds oflhé ehailty: Unre$trl¢ted funds Unrestricted income funds 5,688 Total chority funds 5.688 The notes on page5 6 to 8 form an integrol part of these financial stolements. Page 5 The Charlie Froud Foundatlon Notes to the Flnancial Statements for the Year Ended l January 2025 l Accounting pollcies B051s of preparatlon The financial statements have been prepored under Ihe historical cost convention and in occordance with Ihe Stotement of Recommended Practice 'Accounting and Reporting by Chorities ISORP 20051,, issued in March 2LX)5. applicoble accounling stondard5 and the Chaiilies Act 2011. Fund ac¢ounllng pollcy Unreslricted income funds ore general fund5 Ihot are available for use ot the trustee's discretion in furtherance of the objectives ol the charity. Furlher detoils of each fund ore disclosed in nole 6. Incoming resources Donations are recognised where there is enlitlement. certainty of receipl ond Ihe amounl can be measured with sufficient reliability. Resources expended Liabililies are recogni5ed os soon as there is a legal or construclive obligation committing the chority lo the expenditure. All expendilure is occounted for on an accru015 bosis ond has been classitied under heodings that aggregote all costs reloted to the category. C051s ot generating funds ore the costs asSOClated with attracting voluntary income. Support C05t5 Support cosls include central lunctions and have been allocated lo ac*ivily c051 calegories on a bo5is Gonsistent with the use of resources. lor example, allocating property costs by floor areas, or per capita. staff costs by Ihe time spent and other costs by Iheii usage. 2 Voluntory Income Unieslrlcted Tolal Funds Fvnds 2025 Donallons ond legacles Appeols and donations 27,187 27,187 Page 6 The Charlie Froud Foundation Notes to the Flnanclal Statements for the Year Ended l January 2025 continued 3 Total resource5 expènded Dontilions and lego¢les Total Dlrect costs Cost ol goods sold 11.099 11,099 Support cos15 Svbscriptions and donations 10,400 10,4(X) 21.499 21,499 4 Trustees. remunerallon ond expenses No Iruslees received any remuneralion during the yeor. Page 7 The Charlie Froud Foundation Notes to the Financlal Statements for the Year Ended l January 2025 continued 5 Related porties Controllln9 enllty The charity is controlled by the Irv51ees. 6 Anatysls ol funds All Jonuary 2025 Incomlng resour¢e$ Resources expended General Funds Unrestricted income fund 27,187 121.4991 5.688 7 Net assets by fund Unréslrlcted Funds Totul Funds 2025 Current a55els Net a5sels 5.688 5,688 5,688 5,688 Page 8 The Charlie Froud Foundalion statement of flnanclal activltie5 by fund Year Ended l January 2025 Unrèstrfcted Income fund 2025 Incoming resource5 Incoming resources from generated funds Voluntary income Tolal incoming resources 27.187 27,187 Resovr¢es expended Costs of generating funds Costs of generating volunlary income Tolal resources expended 21.499 21,499 Reconelllotlon ol ftjnds Tolal funds carried fotward 5.688 This page does not form part ol the statutory financiol statements. Page 9