THE BUTLER TRUST
IA charitable company limited by guarant••l
DIRECTORS, AND TRUSTEES. REPORT
AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Company No: 07844810
Charity No= 1145182

THE BUTLER TRUST
REPORT AND ACCOUNTS
CONTENTS
Page
Dlroctors. and Trustees. Report
Independent Examiner's Report
Statement of FSnancial ActlvltSes
10
Balance Sheet
11
Notes to tho Accounts
12-19

THE BUTLER TRUST
DIRECTORS. AND TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees are pleased ¢0 present th￿r annual Directors. lew1 logelher with the finanaal statements ol the charity
for the year ended 31 sl March 2025, wh￿h are also Pfepared to meel the requirements for a directors, report and
Companies Act purposes.
The financial slalemenls Comp￿ wrth the CharitEs Acl 2011. the Companies Act 20(￿, the Memorandum and Articles of
Association, arKI ACCO￿￿tIng and Reporting by Charilies.. Staternent5 01 Recotntnernded Piactice applicable to charil*s
preparing their accounts In accordance Mth the Financial Reporting Standard applicab￿ in the UK and Rep￿blIC ol
Ireland IFRS 1021 (effective 1 January 20191- Icharity SORP IFRS 102} Revised).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng Documènt
The Butler Trust is iègisl8rèd as a cornpany limrtÈd by guaranle8 and not havlng Sha￿ caprt81. 11$ opèr¥ll¢ns arè
governed by ils Me￿[andUM 8nd art￿leS ol association IM&AAI.
The Bu118r Trust vrds originalty forrT*d and registered as 8 ch8rity (no 2917621 in 1985. It was incwporated as 8
company on 11 November 2011 and reg13tered as a charity with the Charty Cornmission on 21 December 2011. 11
ComMen￿d activities on 01 April 2012, replacing Ihe previous charilable trust ol the same name, from which all staff
and asse15 were transferred OTh that date. The company inlormalion sel out on page 7 form6 Part of thi5 report.
Oryanlsatlonal Structure
The Trust is a charilable Goryany, org8nised 80 that Trustees and OffrArs rneel regularfy lo manage ils 8ffair¥. The
Board comprises rnembers from a V8r￿tY of bath9rounds. and abso includes represgnlalive8 ol th8 Butler family.
To facililale activities, tho Board has delegated aulhorrty lo the Director for operational mallers including financial,
employmeTht and othèr rèlatèd 8elNilbs. De¢l$bn$ rèlalMI9 to sli8lw and pollcy arè madé by thè Board.
Recrultment and appolntment of Trustéès
The Chair of the Board is nominalèd by the Trustèes. Trustèes arè apF)ointed by rèstslutitsn tsl Ihe Board. taking account
ol a range ol criloria, in¢luding the need lo maintain a d￿er9e and complernernlary range ol skrlls and vxperiernco on the
Board.
Corporate Govemanc•
The Director is appolnlèd by, and accountab￿ lo, th8 Board ol Trustees. and reports lo them al Iheir règular meetings.
Governance rnatièrs arè rev￿￿￿ an<J overseen by Trust￿ al IheiT regular meetings. The Trust's annual budge15 and
bu31noss plans, Iriènnral strategic plans. operating poltcies, and Ihe Directorfs Temuneral￿n are all subject lo Board
approval.
Rlsk management
The Direclor main18irns a fisk r8gistèr covering strateg￿. operational. fin8ncial. govemance. compliance and extemal
risks. Thw reglster idenlilies Potentialty significant 11sk5 and their likelihood and Possib￿ impact in each ol these areas,
together with exisling conliol measures. any additional aclKJns ceqvired to milwJate retained risks, and the people
resportsible lor ensuring they are mtsnitored and addre55ed.
The risk register is revièwed by Ihè Board al ils quartèrty ￿etIngS.
The Trustees h8v6 given consKlatstw)n to the major risks to whth the charity is exposed and have satisfied themselves
that syslems and piocedures are in p￿ce in order to Mit￿ale and manage these and other risks.

THE BUTLER TRUST
DIRECTORS. AND TRUSTEES, REPORT (Conud)
FOR THE YEAR ENDED 31 MARCH 2025
Diversity
The Butler Trust is cornmitted to promoting equalty. diversity, and inclusion. as well as dignity snd r85pect, in all ils
dealings, and opposes all forms of unlawful and unlait dtscriminatioTr, vKtimisation. harassm8nt. bultying, and insullino
or abusive béhaviour
The Trust aims lo ensure Ihat..
no one is unlawfully or unlairty discriminated againsl in any of ils dèalings, on the grounds of a protected
characlerislic las delirned by Ihe Equality Act 20101. or any other irrelevant factor.,
il creates an environment In Ils woth and dealing5, in wh￿h indivvjual diNerences and the contributions of all are
recognised and valued, and diversity is èncouraged.,
the w0￿1ng environmèthl wilhin the Tru51, and the way we carry oui our work, promotes d¥Jnity. respect 8nd
fairness lo all.
The Trust has a comprehensN6 Equalty. Dfversily & InclusKJn and Dignity & Respect Policy. The Policy, and Ihe Tru81'5
cornpliance with bt. are roviewod 8nnualty.
Strateolc revlew and Bu8ln•ss Plannlng
A new, Ihree-year strategy r￿￿4. Including targets for Ihè perK)d 2024-27. was approvcd by Truste8s in March 2024.
Taking account ol th8 mure challenging funding environment generalty. and the loss ol a number ol privale sector
probaltori lunders following thè rènali¢n8l￿3ti0n ol piobalion in England & Wab5, largets for the next Ihrgo yDars
include..
introducing furthtsr elfiG￿neY 88ving5 to reduce our corn opèrating costs. with Ihe awn ol balancing ful￿re income
and co¥e expenditurè.,
malnlalning our core charitable activrties {th& Awards. Alumni Programm8. HiddenHoio*$ programme, the
Knowledge Exchange. and nolable praclice t￿phies1..
complèting work on the G(￿d Book dPrisons 2- to Klenllfy and share good practica acrg5S the custodial eslalp.,
in con$ullalion with key 8lakehoklers, and subjecl lo capacty and lunding. looking al olher'arjded v81ue' projects in
line with our charitable objects. drawing on r8serves il required.
Each year over the period. an annual Busin&￿ PLan is agreed detailing 8 plan of aclKJns inlend•d lo further each ol
these Strategic aims. Targets in th¢ 2024-25 Business Plan includ8d..
further sirnplrfying 8nd slrcamlining Ihe systems and procèsses vnderpinning the Awards and widar adrnini81ralKJn,
to improve our operational resilience and effKieTrcy,'
bringing in a consultant (Russell Websterl to assist in thè 8dminislralion and promI￿n ol the Knowledge Exchange
platlom.,
completing worfK on Ihe second Good13ook ofprtson.£. based on a nat￿nal lour ol the v&st8te. fwusing on examples
ol notable pra¢lice in each establishmenl in England & Wale3.

THE BirrLER TRUST
DIRECTORS, AND TRUSTEES. REPORT {ConVdl
FOR THE YEAR ENDED 31 MARCH 2025
Our volunt8ers
We had 20 volurkte8rs in 2024-25 p¥oviding a lolal of apwoximalety 400 hours supporl12023-24." 16 volunteers and 350
hours). Volunle8r5 a$St81 al our Aw8rd3 cere￿￿nY and on our Awarding Panel and notable practice Irophy panels.
HARITABLE ACTIVITIES
Public Benefit
The Trustees confimi Ihal, when reviewing the charitable companrfs activit￿$ and dèvisirng its futur8 progT8mm8, they
have referred to the Charity Commission's general guKlan￿ on public benefit and complied wrth their duties under
Section 17 of the Charities Acl 2011.
The Trust's principal charilable purposes for the public benefit arè io further and promote practice among those workino
in the penal system in the United Kingdom wh￿h contributes lo..
the promolion of the rehabilitat￿n ol off&nd•r$ and th¢ ptevèntion of ¢rimtt.'
the promotion ol the social inclusion ol offendèrs by facililaling their inlegiation and constructive engagement in
society., and
the advancement ol the heatth. safety and p$y¢hoh)gi¢o1 %5*l￿be1Th9 ofoffenders and those who work with them.
Our purposè and actlvltles
The Trust's principal objectives arè to rècognisé, devalop and dlssemin8le good practice on the part of those working in
¢orreclion?I setling5 across the Unitgd Kingdom whKh promotes or olherwise ¢onlribules lo.. the rehabilitalion ol
offendors., the social inlegrali)n ol offenders., the effeclNe managamènl and care of offencSer8,' the heallh and well-being
ol Staff., uime pr&ventK)n'. and Wkler b8n&frts to public at largo.
The main elements ol charilable acttvrfy are..
an AThnu81 Avrdrd S¢heffE, whth aims to Klentify. r2lebrale and pron*)t& pracllce whlch ¢onlribut¢$ lo the
public benelrts outlinvd above,
an Alumni Dèveloprnenl Programwo. which al￿ lo help Award Winners and Comm8ndè&s lo1garn from and
bui¢d upon Ihalr 8chl8vtmenl¥',
a Hidden Heroos Programme, wh￿h aims lo prornole rnorale. and celebrate and promole the rolè ol stall and
volunleer5 across thè sector;
a Good Practice Programrne. whth aims lo spiead good prac￿e. including that ol Award Winnars and
Commendeès. acro85 UK corieclvTral setlings.
Achlevements and Pèrformance
2024-25 proved d)allenging on three fronts..
our attempts lo further improve the IT system Unde￿iDning the Awards caused the system to fail, so we had to
revert to a time-consurning manual system instead, and dedrale much lttne over the folh)wing 12 months lo building
a new Iweb-bas8dl system,
our Operations Manaqer, Andrew Skitton, left at the end of May. after 17 years ¥wth tho Trust, and the 1055 of hls
knowledge, skills and experience was keenty felt..
we replaced Andrew with a part-lime adminislraloT on the assumpi*Jn that that would provide sufficrernt cèpacity I
cover the Trust's administiatwe workload. h￿eVer that proved not lo be the case.

THE BUTLER TRUST
DIRECTORS, AND TRUSTEES, REPORT (Conud)
FOR THE YEAR ENDED 31 MARCH 2025
Annual Awards
In 2024-25..
we re¢èive(1435 nomination5. just bek)w the fecord 01445 in 2023-24
befor8."
we $aw an uptick in engagement and nominations frorn England & Waks Piobation. and Seotlish prisons, following
0￿r efforts lo encourage grealer partKipation from them. though Scolbsh community justice rèmainÈd a challen9e,'
we had a good spread of wirsners amon9 Ihi5 year's Award Winners and Comwwndèès acro88 the S￿101, and in
terms of gender and ethnicity, and unrformed stall w8r& well represented too.
and more prisons took part than ever
This yearfs 40th Anniversary Ceiemony was a great success- topped off by the att&ndarhcé of HM The Kirngl And the
Ceremony was covered in many of the national newspapers. as wcll as other publtratK)n3 including HELLOI magazine.
Alumni Develo
ment Pro
rammg
22 01 last year's wnners tc*)k part in the Alumni Programme - in line with previotss yèars. Feedback from part￿1panIS
was again exc6llent.
#HiddenHero&s
The 5th Annual HiddenHeroos Day took placè on September 25. with strong support from HMPPS, SPS, and the
Northern Ireland services. and Minister$ in S¢ol&nd and Northern [￿Land addod their publiG support loo.
Good Piaclice
Because of the IT and slaNing challenges wè lacad during Ihe year, further work on the second Good Book of Prisons
was put on hold in 2024-25.
We conllnued lo adminLslei the onl￿e Ibrary ol practice rekAled Tesources on theKnowledgeEx¢hange uk
engaged Russell Webster on a consuttancy basis to m8llage Ihtr site, and help promte it through hls own network,
and
We also ran the Kathy Biggar Trophy lor notable pra¢li¢e in non4uslodial settings again, with thè Trophy bein9 awarded
on this oCcaS￿n to South Wesl Probation lor their Dofsèl Lunch Clubs iniliatNe. Foll￿wIng our efforts lo èneoura98
greater engagement with the Trophy we received a total 0122 submiss￿)n$ in 2024 compared to only 10 the prevK)US
year.
Trustees a9reed th81 IhÈ Ruth Mann Trophy lor notabl& practts In ty$iodrdl sèllings should remain on hold unlil wotl(
on the Good Book ofprisons ￿ completed.
Ro
al Patron
In addition lo again presiding over the Anntjal Avrard CtrrÈrrK>ny, HRH The Princess Royal. as our Patron, vigiled North
Tyneside YJS, HMP Lrtti@hey, and Heathrow IRC.

THE BUTLER TRUST
DIRECTORS. AND TRUSTEES. REPORT {ConUdl
FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
Overvlew
The net operating delicil for the year is £8.13912024 - £26.484). The charity generated a dekil 01 £21,75312024
E31.7061 PAor lo gain on investmenl arising on the tharty's investment wrtlolio totalling £13,61412024- £5,222).
Thé lolJl fund3 carr￿d lO￿ard as al 3151 March 2025 ar8 £292.02212024- £300,161).
Invgstment and reserves policy
11 the Intention ol the Trust to budget and operate on a broadty balar￿￿ basis for core annual expendilura. Howèvei,
res&rves can be used lo cover any shortfall in revenues and ¢)perating expènses and also to SUPFX)Il strategic initiatlV85.
The Trust lollows a set ol guidelines to ensure ils fund can meet all defiGil and expendilufe obligations in r&lalion lo Ils
anllualty approved budget. The gu¥Jelines include IKIuKlity measures to ensure..
minimum assetrliquidily thrèsholds in reserve lo ensuFe the TnJ5t can op8rate as a going conc81n',
minimum reserve lèv815 before the Trusl considers any sKJnilicanl slralegic change..
minimum cash equNalent reseNes before Ihe Trusl coThsKlers acquir*ng investment assèts, and specifically
having an exposurè lo equil￿3.,
thè Trust manages with a minimum K￿e1 of working capital for current and forecast opfyraling purposes.
Prlnclpal lundlng sourc•8
The priThLipal funding $¢ur¢¢$ lor the Trust a￿ His Majesty's Pwi5on 8Nd ProbalK)n serV￿e IHMPPSI, prfvale conlraclorB
working in th8 prison and proba16orb se¢lors, (*arilable trusts and foundat￿n5. and. lo a limrt8d extent, individual donors.
FUTURE PLANS AND DEVELOPMENTS
Our plans in 2025-26 include-.
compleling the overhaLtI of thè Syste￿ and processes unde￿i￿ning thè Award scheTh, follovAng the diffi'¢ullie$
experienced last year..
relurnino lo a core tèam ol Iwo full lime slaff members- lli tyd¢r to in¢rease the Tfust's 84Jmlni$lr8live capacity and
enhance Its operational resilien¢e-
furthei enhancing the Trust's fulure financial and operatK)nal resi1￿r￿￿'.
implèmenting changés lo the Alumni Devek)pment programme agreed in Ihe previous financial year
introducing a rangtr of CPD oplK)ns for partKipants',
rtrslarting work on the second G(KJd Book otPnsons.
including

THE BUTLER TRUST
DIRECTORS, AND TRUSTEES, REPORT (Conudl
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Charity numbèr=
1145182
Cornpany numbèr..
07844810
Regist¢r¢d office..
167-169 Greal Portland street, 5th Fk￿r, London, W1W SPF
Directors and Trustees:
The Directois of the charitable company Ithe charilyl are ils Trustees for the purpose of charity ¢aw. The Trustees and
officers serving during the year and since the year end were as folJow5'.
Trustees
Michael Spurr CB
Robin Wilkinson OBE
BrKJ. Edward 8uller CBE DSO
Makolm Butler
Geoffrey Dobson OBE
Dr Louise Falshaw
Elizabeth Green OBE MStJ DL
Peter MeParlin
Pia Sinha
Stacey Task6r OBE
B8varley Thompson-8rown OBE
Chaw
Treasuref
{AppO￿ted on 30 January 2025)
{Resigned on 19 Oclober 20241
Senlor Management Team:
Simon Shepherd OBE- Executive Dweclor
Indèp•nd•nt Examlner:
Samir Shah FCA.
Rarnon Le8 Lld, Chartered Accounlanls, 93 Tabernacle SITeel. London, EC2A 4BA
Bankers:
CAF Bank Limited
Tr￿￿S Bank

THE BUTLER TRUST
DIRECTORS, AND TRUSTEES. REPORT (Contld)
FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The Trustees (who are a150 Directors ol The Buuei Tiusl for the purposes of company L4wl are iespon5ible for preparing
the Truslees, Annual Report and the financial 5tatemenls in accordance with appli&9b￿ and United Kingdom
Accounting Standards (United Kingdom Gèn8r81ty Accepted Accounting Pract￿1.
Company law requires the Trustees lo prepare financial slalemenls for each linancial yèar wh￿h give a Irue and fair
vièw of the slate of affaiis of Ihè charrtable company and of Ihe incoming iesources and application ol resources,
including the income and expenditure lor Ihal pe¥￿. In p￿palIng thesè financial slalemeryls, the Trustees are required
lo-.
In preparing these financial slalerrenls, the Trustees a￿ requimd to."
select suitable accounting poliC￿S and then appty them consislenlty..
observe the methods and principles in the charit￿S SORP".
rnake judgemenls and estimates that are ￿asOnab￿ 8nd prudenL
stale whether applicable UK Accounting Standaids have been followed, subject Io any material departures
disclosed and explained in the financial slalem6nls",
p￿pare the financial statements on the gping concern basis unless it is inappropriatè lo pie8ume that the
charitable company will continue in business.
The Trustees are responsible for keeping proper accounting record3 that disclose with Teasonable a¢¢uracy at any lim8
th8 financial position ol the charitable company and enable them tts ensure thal the financial slalemènls cornply with tho
Comparnies Act 20C6. They are also responsiblè lor saleguarding the assels of the charitable company and hènce lor
taking reasonable steps for the preVent￿n and detection ol Ir8ud and other Irregularit￿8.
The Trustees are ￿sponSIb￿ lor the maintenance 8nd inltsgrily of the corporate and financial information includèd on
the charilabl8 company's websitè. Legislation in the U#il¢d Kingdom governing the preparalw)n and di¥sèminalion ol
financial slalemenls may drffer from legislation in other jurisdictions.
'rhis report has been prepared in accordance with Ihe special provtSh)n$ Mlaling 10 Small compani8S Wlthin Part 15 01
the Companios Act 2006.
APPROVAL
This reFL)rt was approved by the Trtsstees and Dweclor5 on 14 October 2025 and signed on their behalf.
Micliael Spiiri (Oct 22, 2025 08-.37..18 GMT*i)
Mlchael Spurr
Chair of Ihe Board ol Trustees and Dweclors

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE BUTLER TRUST
I report to the charity trustees on my examination ol the accoun18 of the charity for thè y8ai ènded 31 March 2025 which
are set out on pages 10 to 19.
This report is made solely to thè chariV5 ITuslees. as a b¢)ty, in accordan￿ with the Charities Act 2011. My work has
been undertaken so that I might state to the charE1￿S trustees ihose matters l arn required to slate lo them in an
independent examiner's ceport and loi no other purpose. To the lullest extent peimitled by ￿w, I do rsot accept or
assume responsibility to anyone other than Ihe charity and the chaiily's trustee$ as a b(Kly. for my Independent
Examination. lor this report. or for the opink)ns I have formed.
Respectlve r•sponslbllltlos and basls of reFY)rt
As the charity's trustees of tha Company (who are also the direclors of the cornpany lor the purposes of company lawl,
you are responsible lor thB preparatioTh ol the 9C￿)unIS in aCcOrdar￿ vthh lh8 requirements ol the Companies Act 2006
c'the 20(£ Acl'l.
Havbrng sati81￿ rnyself Ihal the accounls of the Company are not ￿quired lo be audited for Ihis year under Part 16 of
the 2006 Act and arè èligible for Independenl examination, l in resp8cl ol rny examination ol your chafEIy's
unls as carried oul under section 145 of the Charities Act 2011 fihe 2011 Act"). In carrying 0￿1 my examination, I
havè followed Ihg Directions given by the Chanly Commission {und•f see1￿￿ 145lSllbl of the 2011 Act.
Indopendon¢ exarnlnerfs 8tat•ment
I h8ve completed my examinat￿n. I confimi that no matèrial mallets h¥vo Come to my allention wh￿h giv88 me c3u3e
lo believe that..
counting iècords were not kept in ￿CordanCe with 58clw 386 01 the Companies Ad 2006., or
Ihe awounls do nol accord wilh 3vch records.. or
Ihè 8¢counls do not ¢omply with relevant accounting reqU1￿MentS undttr sectlon 396 01 the Companiès Acl
2006 other than any requiiemenl thal the accounts givè a 'lrue arKI fairf wew which is not a matter consldèrad
as part of an independenl examination.. or
the accounts have not been prepared in accordancè vAth th& Charities SORP IFRS1021.
I have no concerns and have com8 across no oth•r mallws in connection with the examlnalitsn lo which alleTrlion
should be drawn in this report in order to enab￿ 3 propèr understanding of Ihe acrLJunts to be leachéd.
SAMIR SHAH FCA
RAMON LEE LTD
CHARTERED ACCOUNTANT
93 TABERNACLE STREET
LONDON EC2A 48A
OCTOBER 2025

THE BUTLER TRUST
sTATEmETr￿ OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
UnrestrfctEd Designated
funds
Funds
Restricted Total funds
funds
Total funds
2026
2024
Notes
Incorne
Donations
Income Ir¢)m eharitable adMfy"es.
Investment inrL)me
3,133
218.(W)O
1.457
3,133
228.LIK)
1,457
2,835
223,000
1,500
io,(
Totèl Income
221590
10,000
232,S90
227,335
Expenditure
Expenditure on charrtaN• acl'wl
244.343
10,000
254,343
2S9,041
Total •xpondllur8
244.343
io,Doo
254.343
259.041
Net galnlllossl on Inv8stmgnts
Nel 1ncomg119xpendltu￿l
11
13,614
18,1391
13,614
18,1391
5,222
126,4841
Tr8ngler$ be￿een fvnd
Nel movgmenl In funds
50,161
42,021
150,1611
150.1611
18,1391
126,4841
Reconclllatlon of lund5
Total funds. brought forward
250mO
50.161
300,161
326,645
Tol81 lunds Carrled lo￿4rd
292.022
292.022
300,161
The Stalemenl ol Financial Ac1wil￿S a￿0 complie$ with the requiremenls for an incom6 and èxpenditure account under
the Companies Act 2006.
CONTINUING OPERATIONS
None of the company's activities were acquirèd or discontinued during the above iwo financial pèri()ds.
TOTAL RECOGNISED GAINS AND LOSSES
The company has no recognised ga*)s or losses olh8r Ihan Ihe 8bove movement in funds for the abovè financial
years.
The notes on p89e5 12 to 19 forrn part of Ihese ac£ounls
io

THE BLrrLER TRUST
BALANCE SHEET AS AT 31 MARCH 2025
202S
2024
Nots5
Flxed assets
Tangible assets
Investments
io
649
11
140.292
126,678
14D,941
126,678
Curront assèts
Debtors
Cash al bank & in hand
12
73,538
105.368
38,352
155,136
178.9¢
193,488
Creditors falling due within one year
t3
{27,8251
120,0051
Net current assets
151,081
173.483
Not as5etS
292,022
300,161
Tho fund8 of the eharity
Unrestrlcted fund9
enoral Funds
-Deslgnalod Funds
Rg8lrlcted funds
15
292,022
250,000
50,161
15
Total ¢hartty fundb
292,022
300.161
For the financi81 yèar endéd 31 March 2025 the coryany was enlilled to exemptKJn from aLtdil under sectlon 477
Compan￿3 Act 2006. No mèmber of the rompany hos deposrted a not￿e, pursuant 10 section 476. requiring an audit ol
these financial slalèmenls und8r thè rèquiramènls ol thè Companiès Act 2006.
The Directors acknowlèdgad thèif rèsponslbllitiès fof ensuM9 that the company keeps accounling records which
comply wilh Sect￿￿ 386 01 the Act and for preparirwJ financial sl8temènls wh￿h give a true and lair view ol the slate ol
affairs of the company as al the end ol Ihe financial per￿ and of ils proftl or k)s3 lor tho financial period in accordance
wilh the requiremenls of Section 394 and 395 and which otherwise compty with the requir8rr8Th1s of Ihe Companie5 Act
2006 relating to accournt5, so far as 15 applrrable lo th¢ corTyany.
These financhgl statements have been prepa￿ in acctsrdaneè vrith thè provIs￿n$ applicable to companies subject lo
the small compan￿, vogime within Part 15 01 the Companrs AGI 2006.
These account5 were approved by the Board ol Trustees on 14 Oclober 2025 and were s￿ned on ils behaK by..
vrt
l*chael se.￿rrI0(t12,2O2S 06.-37..18GMT+l)...
Michael Spurr ICHAIR)
Rob411 Wilkiiisnn Iocl ?? ?O?SOG...59'.Jf? GMT*ll
Robin Wilkinson OBE (TREASURER}
Company Registration No: 07844810
The notes on pages 12 to 19 fomi part ol these accounts
11

THE BUTLER TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
1.1 Basls of preparatlon
The linancial slalem8Thts have been prepared in accordance with Accounting and Reporting by Charilios.
Slalemenl ol Recarnrrended aPpI￿able lo chalities preparing their accounts in accordance with Ihe
Financial Reporting Standard appI￿ab￿ in the UK and Republic ol IreLind IFRS 1021 leffecllve 1 January 2019}-
Charity SORP IFRS 1021, The Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS
1021 arsd the Companies Act 2006.
The Buller Trust meets the definition of a publ￿ benefit entity under FRS 102.
The accour¢ls Ilinancial slalemeThlsl have been Prepa￿ under the hi8lorKal cost convention with ilems
T8cognis8d 81 cost or tran58clioTh value Un￿$5 oth8rwis8 stated in Ihg rgbvanl nolelsl io Ihese accovnl5.
The linarscial sialemenls are prepared in steding. wh￿h is the lunctKJnal currency of the charrty.
1.2 Preparatlon of accounts on a going concern basis
Thc Charity's Financial Slatemersls show net delicrt of £8,139 for the year and fico reserves or £292,022. The
Trustees are of the v￿W that these resutts have secured the immediate future of the Charity lor the next 12
months and on this ba81S the Charity is a gong concern.
1.3 Income recognltlon
Income Ss recognised when the Charity has entitlemenl to Ihe funds, any performance conditions allached lo the
ilemlsl ol income have been rnet, il is probable that the income will be re￿Ned and amount can be measured
reliab￿.
la} Income received by way ol granls, donations and legacies are included in full in the Slalemenl ol Financial
Aclivityds when received, unless they relale lo a specified luture period. in which case they are deferred.
Ibl Income from charitable actNities receNed by way of revenue grants and donalions are credited to reslricled
incoming resources OTr the earfier dale ol when they ale recoived or when they are receNable, unless they
relate lo a specified future period, in wh¢ch case they are deferred.
Icl Grants and donat￿n$ of gÈnÈral nature wh￿h are not coThdilional on delivering certain levels ol SerV￿e are
included as part of Grants and DonalKJnS as shown Under Thote 2. Perlomiance rebled grants and donalions
which havè conditions lor a Specif￿ ouletsme aré indudè 8$ Incomè from Chaiilablè Aclivitlè$ as shown in
Note 3
Idl Inve51menl incompls induded when receiv3bt*.
1.4 Volunteers and donated services and facilities
Donated prole55iono18orvices and donated 18cilitie5 arc recognised as income when the charity ha5 conlrgl Dver
the ilern. any conditions assoch8ted with th8 donated ilem have bèen rnel. Ihe récèipl Of econgmi¢ ben81il Irtsm
the use by the chartty of the Item is probablo and that econom￿ benefit be measured reliably. Irb accordance
with Ihe Charitie5 SORP IFRS 1021, the gener81 volunteer of the Ch8rity is not recognised in the main body
of the financial accounts bul detail is conlained in the Trustees. Report.
On ieceipt, donaled professional services and donaled facilities are recogni5ed on the basis tsf the value ol the
girt to the charity which is the amunl the charity woukl have been wlling lo pay to obiain Ser¥￿eS or facilities of
8quival6nt economic benefit on Ihe open marfKel'. a correstK)nding amounl is then recognised in expenditure in the
perK)d ot ieceipl. No such servir*s We￿ ieceNed during the year.
12

THE BUTLER TRUST
NOTES TO THE ACCOUNTS (Conud)
FOR THE YEAR ENDED 31 MARCH 2025
1.5 Expenditure recognition and irrecoverable VAT
Experndituie is recognised once there is a legal or construclNe obligation to make a payment to a Ihird party, it13
probab18 that sèttlement will be required and Ihe anTh)unl ol the ob19at￿n rneasured r8118bty.
ExpendiluTe i4 ¢latssified under Ihe foll()wng aclwity headings..
18) Expenditure charitable comprise5 those costs iTrcuired by the chanty in thè delivery of ils aclivlliès and
Serv￿e$ lor it5 beneficiar￿5. 11 includes both costs that can be allocated directty to such aclivrties and those
costs of an indirect nature necessary to support them.
Ibl Irrecov8rable VAT ks charged as a cost against the aclivity lor Wh￿ Ihe expendilure was incurred.
1.6 Allocatlon of support costs
Support costs are those functions that assk%t the work ol th8 ch8rily but do not dtieclly undertake charitable
aclivities. Support costs includo back office costs, management. finance and 8dm1nss1ral￿n personnel, payroll
and governance costs wh￿h support Ihe Trust's programm8s and aolwities. These costs have been allocated lo
expenditure on charitabb aclivilies.
1.7 Funds structur•
The general fund comprises those MOn￿S. whKh may be u$¢d toward m•eling tho ¢haril8blè objectives of the
company al the discretion ol the Trustees.
The dèsignated funds are ￿n￿S s•t asid8 out of g&neral funds and deS￿nated for Specif￿ purposes by the
Management Board.
The restricted lunds are monles raised for. and Ihew us& reslriclèd lo, 8 spocrfk purpose or donat￿n8 subject lo
donor imposed corndilions.
1.8 Cash flow statement
The charitable company qualifies as a small cc¥))pany and advantagè has beèn taken of the exemption provided
by SORP IFRS 1021 as amended by BU1￿￿'n I, not lo prepar• a cash s18lwnenl.
1.9 Tanglble Flxed Assets And Depreclallon
Tangible fixed assets are slated at cosl ￿s$ depreciation. Indivklual filed a$Jets ¢o$ling £500 or more are
capilalised al cost.
Depreciation 18 provided al rates cakulaled to vrrite off the cost Of valuallon ol flx¥d assets, less their eslimaled
residual value, ovei their exteded usefvl lryes on the fol%)wing bases.
OffK* equiprnenl
20% straight line on cost
1.10 Debtors
Trade and other deblois are recognised at the sett￿Me￿I amunl due artèl any trade dtscour¢l offered.
Pr&payMenls are valued al the amount prepaid Thet ol any Irade discounts due.
1.11 Cash at bank and Sn hand
Cash at bank and in hand includ8s cash and short levm cash deposts.
13

THE BUTLER TRUST
NOTES TO THE ACCOUNTS IConUd}
FOR THE YEAR ENDED 31 MARCH 2025
1.12 Creditors and provlslons
Creditors and provisions are recognised where Ihe charty has a present obligation resulting from a pasl evenl
that will probably resutt in the transfer DI fund5 to a third party and Ihe amount due to settle the obligalN)n can be
measurecs or eslimaled religbty. Creditors and provisions are normalty recognN%ed al Iheil seltlemenl amount
after allowing for any trade discounts due.
1.13 Flnanclal Instruments
Th8 Trust only has financial assets and financial liabilities ol a kind that qualify a5 basic financial instruments.
Basi¢ linanryal instrumenls are inrtialty recognised at transaction value and subsèquèntly mas¥red 31 their
selllemenl value with the exception ol bank loans whKh are subsequentty measured al amortised cost using the
effective interest method.
1.14 Judgement and key source5 of estimation uncertalnty
In the app1¢cal￿n ol the company's accounling policies. the charity is required lo make judgrneTrls, e51imales and
assurnplions about the carrying amount of assets and lsabrlil￿s that arè nol rè8dify apparent from other sources.
The eslimales and a8SOCkiled assumplDns are based on hiStOr￿al experience and other factors that 8re
considered lo be relevant. Actual results may d¢ffer Irom these estimates.
The eslimales and underfying assumptions are on an ongoing basis. Revis￿n5 lo accounting eslimales
are Tecognised in the per*)d in wh￿h the estimale is revised ￿ere the revision allècls on5y that pèriod, or In Ihg
period of the revtsh)n and lulurc perioils where th6 revision aflvGls tx)Ih current and future periods.
1.16 Oporatlng le¥4se8
All leases are opeialing ￿ase8, and rentals are charged to th8 Stalemenl of Fin?n¢ial A¢livilies oft 8 slravJhl-line
basis over the lease duralkjn. No a&￿tS are held under hire purchasè agreèments.
DONATIONS
Unrestdcled
Funds
Restrlctsd
Funds
2025
2024
General wvaie donations
3,133
3,133
2,835
3,133
3,133
2,835
The donal￿nS in 2024, totalling £2.835 were aitributod lo unraslrKt8d fvn(Js.
INCOME FROM CHARITABLE ACTIVITIES
Unrestricled
Funds
Restrlcted
Funds
2025
2024
Charitabk found8lK)ns
CorkK>rate. slakntory and other d¢JTh)rs
12.(
2l￿.(M]0
10.fljo
22,(M
206,tK)o
22,000
201,000
218,000
10,000
228,000
223,000
Income in 2024 tolalling £223,000 vrds attr*)uied to £213.000 lo ur)restricled I￿ndS and £10,000 Its restricted
fund3.
14

THE BUTLER TRUST
NOTES TO THE ACCOUNTS (ConUd}
FOR THE YEAR ENDED 31 MARCH 2025
INVESTMENT INCOME
Unrestricted
Funds
Restrlcted
Funds
2025
2024
Bank interest
1.457
1,457
1500
1.457
1.457
1,500
All tha inveslmènl incom8 lolalllng £1,5￿ in 2024 were aitributed to Un￿Stricted funds.
CHARITABLE ACTIVITIES
202$
2024
Staff salaries and costs
Annual awards Alumni programm6
IT Inlra$lwclu(e
Pract￿0 Programme
HlddenHeroes Progiamme
138,354
51,831
24,790
2,SOO
1,188
140,7S1
50,838
14,582
7,219
6,147
Premlses
Book-keeping, accountancy and pa￿011
In$uranc8
Other ollKtr eosls
OopreclalK)n
Governance188è Nolo 61
10,907
9,568
1,330
11,193
162
2,520
254,343
Z3,635
6,960
1,346
4,258
324
2,981
259,041
01 the £254,343 éxpèndilure in 202512024- £259.0411. £244.343 was charged lo unrestrictèd funds-
12024 - £249,041} and £10,OIX) lo reslricled lunds12024- £10.000).
GOVERNANCE
2025
2024
Trustees, meelirvj costs
Inde￿ntIent examThlK)n
461
2,520
2.520
2.520
2,9BI
NET INCOME I IEXPENDITUREI FOR THE YEAR
This is staled after charying:
2025
2024
Depreck?lion ol tangl￿e fLYad assets
Opeialing ￿ase$- rent
Ind￿•￿ent eXam￿at￿)n
162
70,907
2,520
324
23.￿5
2.520
15

THE BUTLER TRUST
NOTES TO THE ACCOUNTS (Contldl
FOR THE YEAR ENDED 31 MARCH 2025
ANALYSIS OF STAFF COSTS AND TRUSTEES REAIUNERATION AND EXPENSES
2025
2024
Wages saL8nes
Sorial security costs
Pens￿ Gontributi(ms
120,803
8,207
9,344
122,269
8,7
9,782
138,354
140,761
One employee re￿Ned remuneration ITh exces5 01 £80.000 during th8 year lone employee in excess 01 £70.000
in 2023r241. Pension costs a￿ wholty charged lo unreslrKled funds.
The cha¥ily Trustees wera not paid Of received any olhef benefits from empksymenl with the Trust in the year
12024 £nill. No charity Trusle6s recèNed paymènt for professional or other seryices supplied lo the charity
12024 - £llill.
The average nv)nlhly number ol fvlklim¢ $lall trryloyed by the charity including part limè and tèmporary $18ff
ernpk)yed during the period was..
2026
2024
Dlrect tharilatle work
The koy managem8nl personn81 ol the charty ¢ompri$e 01 Ihtr Exe¢ulivè Director. The total empbyee benelrts of
the manag8mont p8rsonn*l of the ¢h•iity weTr £97,59212024- £92,854}.
TAXATION
The Butler Trust is a registered charity and therefor¥ 1$ not liable lo Income Tax of Corporation Tax ori income
derNed from its charitable aclNrfies as il falls wthin schédu￿ 3 of the Charities Act 2011.
10. TANGIBLE FIXED ASSETS
Olflco
Equlpmont
Cost or valuatlon
At 1st Iwril 2024
4,873
Additions
811
D15posals
12,8391
At 31st IA2rch 202$
2.845
Dèprecbatlon
At 1st April 2￿24
4,873
Charge lor year
Oispxjsals
162
12,6391
At 31st March 2025
2.195
Net Book Value
Al 31st Maith 2(r25
649
At 31st Momh 2024
16

THE BUTLER TRUST
NOTES TO THE ACCOUNTS (Convd)
FOR THE YEAR ENDED 31 MARCH 2025
11. INVESTMEKrs
2025
2024
ma￿&t value
Balanc8, braughl fomard
126.678
121,456
Gainlllossl on vaknalion al year end
13.614
5,222
140,292
126,678
Hl3lorK cost lon'9in81 inveslmenls value)
412.202 unrts- M & G Equrties InVeS￿t F￿j for Charthos
75.IKLI
750
140 292
126,678
12. DEBTORS
2026
2024
Grant$ #nd sponwtshlp ro¢¢ivab
Other debtors
72,750
788
33.750
4,382
220
Prepayments
73,S38
38.352
13. CREDITORS.. Amounts falllng due withln on• year
2025
2024
Créditor$
Tox and soa81 security
Other $¢¢ru818
22,C60
3,245
2,520
11,655
3.e14
4,536
27.82S
20,QOS
14. SHARE CAPITAL
The company is limited by guarantee and does not have a Sha￿ capital dNKle<l by sharès.
17

THE BUTLER TRUST
NOTES TO THE ACCOUNTS (Conud)
FOR THE YEAR ENDED 31 MARCH 2025
15. ANALYSIS OF CHARITABLE FUNDS
Analysls ol movements in unreslricted lunds
Balance at
Balance at
31.03.25
01.04.24
Income Expendlthre Galn51lloss8sl Transfers
General lurvjs
D65ignat8d fu￿15
Tolal fUr￿S
222,59J
1244.3431
13.614
.161
150,1611
292,Q22
50,181
300.161
222,59
1244.343
13.614
292.022
Anatysis of movements In restrfcted lund5
Balance at
Balanc• at
01.04.24
In¢om• Expgndlfvrg Galnsll105s9s1 Transl&rs
31.03.26
Bromlay Trust
Totsl frJTrY$
10,LKK)
(lo.(￿)
IiO.OODI
10,000
Analysls ol movemenis In unrestrkt•d lunds- prèvlous yoar
Balanco at
01.04.23
Incomv Expondltuwe ￿1￿$1¢10$￿$) Tr•Th$fers
31.03.24
Gènèral lund$
Deslgnated funds
Total luTra$
250,C
76,645
217,335
1249,0411
5.222
250,WO
50,161
12£,4841
326,64S
217.335
249,0411
6.222
200,161
Analysly ol movem&nts In r•strlctsd fund5. provlow year
B¥lan¢e at
01.04.23
Balance #t
31.03.24
IneoTh EXpendIts￿ Galnslllosse$l Transl•rs
Broml8y Yrusl
Total funds
10.C
110,OCQI
110.000
10,000
The specific purposes for wh￿h the funds are lo be applied are as folk)ws-.
A restrlctod grant towards sponsorship of the Kerth Br￿rfey Award lor Education and Skills Training and
PTonKJting good practice in educalKJn and skills itaining.
General funds are the Yree reseNès' after allowing lor all deS￿￿?ted funds.
Dèslgnated funds
In prior yea¥5. the TFUSt8es designated funds ab￿e the agreed free reserves threshold of £250,000 lo a
Devek>pmont Fund. Th¢s Fur*d was intendecl lts support aclivrtlès furthering the T¥ust's charitable objecb"v85 which
were not expected to be financed from in-yeaf 11)coJrie.
During the year 2025, the TnJ5tEes rev￿ed the reserves poI￿Y and corKluded that no desvjnated funds are
require¢J going forward. Accordingfy, the baL4nGe of Ihe Oeveknpment Fund has be8n lian3ferred bad( to
nreslricled geneial funds.
18

THE 8LrrLER TRUST
NOTES TO THE ACCOUNTS (Conud)
FOR THE YEAR ENDED 31 MARCH 2025
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestrfcted D8siynat8d
Fund5
Funds
Restricted
Fund5
2025
Total
2024
Total
Tangibk fL%&J assets
Investments
Netcuirenl a$sets
649
140,292
151.081
140,292
151,081
126,678
173,483
292.022
292,022
300,161
Anatys15 01 n?t assgts betrjeen lunds. prevlow year
UDrgstrlctfrd 08s1gnated
Fund8
Fund$
Restrktèd
Funds
2024
Total
2023
Total
Tangib￿ fixed assets
Invèslmenls
Nel current assets
324
121,45S
126,220
126.678
123,322
126,678
173,483
,161
250,000
$0,161
300,161
2SO,000
17. CONTROL
Foi the who18 01 the year. the charty was under the control of the Dicaclors and Trustees as shown on page 7.
The Truslee8 consider that the￿ is no one overall conlfoling party.
18. RELATED PARTY TRANSACTIONS
During th& year, the Charrty paid no travel and subsistence expense to any TNslè&12024- Ni￿.
No remuneration was paid to any Trustee during the y&ar12024 - Nill.
One ol our Trustees, Beverley Thompson-Bmwn, is employed by one of ihe organisatK)ns Isercol who givè us 8
granl1£15.0001 each year.
19. OPERATING LEASE COMMITMENTS
The charity has operaling ￿ase commitments relaling to its olfti premises ov81 thè lorthoom1n9 12 months
below, analysed according to the expiry dale ol the lease.
2025
2024
Total annual lea¥e commitmonts
Up to op.e year
8etween iwo and INe years
10,848
800
11,648
800
19