Charity number: 1150031
THE WEINSTOCK FUND
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025

THE WEINSTOCK FUND
CONTENTS
Reference and administrative details of the charity, its Trustees and advisers
Trustees' report
Independent auditors' report on the financial statements
Statement of financial activities
Balance sheet
Statement of cash flows
Notes to the financial statements
Page
1
2-5
6-9
10
11
12
13-23

THE WEINSTOCK FUND
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 5 APRIL 2025
Trustees
Charity registered
number
Principal office
Consultant
Independent auditors
Bankers
Investment Managers
The Hon. Susan Gina Lacroix
The Hon. Laura Helen Weinstock
The Hon. Clare Renton
1150031
PO Box 5035
Marlborough
Wiltshire
SN8 9GP
Mrs Sally Barber
BKL Audit LLP
Chartered Accountants
Statutory Auditor
35 Ballards Lane
London
N3 1XW
C. Hoare & Co.
37 Fleet Street
London
EC4P 4DQ
Troy Asset Management Limited
33 Davies Street
London
W1K 4BP
Page 1

THE WEINSTOCK FUND
TRUSTEES' REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The Trustees present their annual report and financial statements of The Weinstock Fund for the year ended 5
published on 1st January 2019.
Structure, governance and management
a. Constitution
The charity was established, by deed of trust dated 29 November 2012, as the successor charity to the
Weinstock Fund (1962) Trust which had been set up by the late Lord Weinstock in 1962, and which ceased on
12 December 2012 on the expiration of the trust period. The successor charity was created in its place to enable
the trustees to continue to support a wide range of charitable causes.
The deed of charitable trust, under which The Weinstock Fund was formed, is not specific about the objects of
the trust and allows the trustees absolute discretion to apply funds for general charitable purposes.
b. Methods of appointment or election of Trustees
The trust deed allows the trustees to appoint additional trustees.
c. Policies adopted for the induction and training of Trustees
New trustees would be supported by the experienced trustees and on induction would be provided with a copy of
the previous year's accounts, a copy of the Charity Commission publication 'The Essential Trustee' and any
other relevant information.
d. Organisational structure and decision-making policies
The trustees aim to meet regularly to award grants, review the investment portfolio and discuss the
administration of the trust. The day-to-day administration of grants and the processing and handling of
applications prior to consideration by the trustees is delegated to the charity consultant.
Page 2

THE WEINSTOCK FUND
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Objectives and activities
a. Policies and objectives
The principal objective of the charity is to pay or apply the income of the trust to such charities or for such
charitable purposes as the trustees in their absolute discretion think fit.
b. Main activities undertaken to further the charity's purposes for the public benefit
The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit
when making grants and agreeing the distribution policy for the year.
134 grants totalling £533,643 were paid to charitable institutions during the year (2024: 161 grants totalling
£622,899). Typically grants were awarded within the range of £2,000 to £5,000. 122 of the 134 grants made
during the year were within this range (2024: 147 of the 161 grants were within this range). The grant allocation
between the charitable sectors, as follows, was within the range set by the trustees for the period:
The Arts - 41%
Community -2%
Cultural/Environmental - 4%
Disability - 17%
Educational - 13%
Hardship Alleviation -2%
Medical Treatment/Care- 10%
Social Welfare- 10%
In addition to the grants paid in the year the trustees may also commit to supporting charitable causes for a
number of years. For example, during the period covered by these accounts a three-year grant totalling £15,000
was awarded to a charity providing bursaries to choral scholars. £5,000 was paid in the period covered by these
accounts with a further £5,000 to be paid in 2026 and 2027.
c. Plans for future periods
The trustees aim to continue to support as many charities as possible that meet the criteria set out in their grant
making policy, the details of which can be found at:
https://www.weinstockfund.org.uk/guidelinesforapplicants.html
Page 3

THE WEINSTOCK FUND
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Financial review
a. Overview
The Foundation funds the grants it makes to charities from investment income with any shortfall being met from
the proceeds of investment sales.
The trustees have charitable commitments before discount for 2025/26 of £145,498 and £84,500 for 2026/27.
b. Reserves policy
The trustees aim to maintain a reserve fund, including cash, at a level equating to at least one year's normal
charitable expenditure in order to meet any short-term variances in cash flow. This enables the trustees to
respond to grant applications and to cover support and governance costs.
c. Investment policy and performance
There are no restrictions on the charity's powers to invest. The investment strategy is set by the trustees and
takes account of the demand for funds and the quality of the funding applications.
The trustees consider the income requirements, the risk profile and the investment managers' views of the
market prospects in the medium term.
This strategy is set within an overall policy which states that the funds be invested in medium risk investments.
The income from the investment portfolio for the year ended 5 April 2025 was £629,915 which represented a
return of 3.60% on the original value of the investments (being the market value of the investments transferred
into trust on 12 December 2012) and any subsequent acquisitions (2024: income of £603,999 representing a
return of 3.5%). Interest on cash deposits was £5,891 (2024: £5,975).
The trustees aim annually to achieve an above average return on their investments. The total return on their
investments, before fees, for the year ended 5 April 2025 was 3.3% against a year-on-year target return
(capital growth with dividends and yield reinvested) of 4% per annum. The MSCI PIMFA Balanced Index (peer
group) showed an increase over the same period of 4.03%. (2024: increase of 2.95%).
d. Factors relevant to achieve objectives
The continuing volatility of the stock market over the last few years has made the management of the
investments particularly difficult. The trustees, on professional advice from their investment advisors, are of the
view that the current mix of equities, global funds and cash is appropriate to their investment policy and attitude
towards risk.
e. Risk management
The trustees have identified the major risks to which the charity is exposed. These fall into two main categories
protection of assets and income and the integrity of the grant making process. Having carried out their annual
review of these risks, the trustees remain confident that they have the systems and procedures in place to
mitigate the risks as far as possible.
Page 4

THE WEINSTOCK FUND
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
f. Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate
resources to continue in operational existence for the foreseeable future despite the current uncertain outlool
-or this reason, they continue to adopt the going concern basis in preparing the financial statements. Furthe
details regarding the adoption of the going concern basis can be found in the Accounting Policies.
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial year which give a true and
fair view of the state of affairs of the charity and of its incoming
resources and application of resources, including its income and expenditure, for that period. In preparing these
financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently;
•
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
.
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charity's transactions and 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 Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Disclosure of information to auditors
Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:
•
so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are
unaware, and
•
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of
any relevant audit information and to establish that the charity's auditors are aware of that information.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Egun Weindore
The Hon. Laura Helen Weinstock
Trustee
Date: 28/10/2025
Page 5

THE WEINSTOCK FUND
INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES OF THE WEINSTOCK FUND
Opinion
We have audited the financial statements of The Weinstock Fund (the 'charity') for the year ended 5 April 2025
In our opinion the financial statements:
• give a true and fair view of the state of the charity's affairs as at 5 April 2025 and of its incoming resources
and application of resources for the year then ended;
have been
properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit
of the financial statements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the United Kingdom, including the
Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events o
conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the
relevant sections of this report.
Page 6

THE WEINSTOCK FUND
INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES OF THE WEINSTOCK FUND (CONTINUED)
Other information
The other information comprises the information included in the Annual report other than the financial statements
and our Auditors' report thereon. The Trustees are responsible for the other information contained within the
Annual report. Our opinion on the financial statements does not cover the other information and, except to the
extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our
responsibility is to read
the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports)
Regulations 2008 requires us to report to you if, in our opinion:
the information given in the Trustees' report is inconsistent in any material respect with the financial
statements; or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Trustees' responsibilities statement, the Trustees are responsible for the
preparation of the financial statements which give a true and fair view, and for such internal control as the
Trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue
as a going concern, disclosing, as applicable, matters related to going concern and using the going concern
basis of accounting unless the Trustees either intend to liquidate the charity or to cease operations, or have no
realistic alternative but to do so.
Page 7

THE WEINSTOCK FUND
INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES OF THE WEINSTOCK FUND (CONTINUED)
Auditors' responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with
the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined
above, to detect material misstatements in respect of irregularities,
including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is
detailed below:
• Enquiring of management and those charged with governance around actual and potential litigation and
• Reviewing board meeting minutes of meetings of those charged with governance;
• Reviewing financial statement disclosures and testing to supporting documentation to assess compliance
with applicable laws and regulations;
Performing audit work over the risk of management override of controls, including testing of journal entries
outside the normal course of business and reviewing accounting estimates for bias.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation. As part of an audit in accordance with
ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or
error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is
sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material
misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion,
forgery, intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the
charity's internal control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates
and related disclosures made by the Trustees
• Conclude on the appropriateness of the Trustees' use of the going concern basis of accounting and, based
on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may
cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material
uncertainty exists, we are required to draw attention in our Auditors' report to the related disclosures in the
financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based
on the audit evidence obtained up to the date of our Auditors' report. However, future events or conditions
may cause the charity to cease to continue as a going concern.
Page 8

THE WEINSTOCK FUND
INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES OF THE WEINSTOCK FUND (CONTINUED)
Evaluate than eral present incarce and represent or undian aaron deleine
manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and
ming of the audit and significant audit findings, including any significant deficiencies in internal control that w
lentify during our audi
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
harity's trustees those matters we are required to state to them in an Auditors' report and for no other purpose
o the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the chari
and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.
BKL Audit LLP
BKL Audit LLP
Chartered Accountants
Statutory Auditor
35 Ballards Lane
London
N3 1XW
Date:
28/10/2025
BKL Audit LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.
Page 9

THE WEINSTOCK FUND
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2025
Unrestricted
funds
2025
Note
Income from:
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income before net gains on investments
Net gains/(losses) on investments
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward
2
3
4
635,806
635,806
2,178
472,918
475,096
160,710
1,270,731
1,431,441
19,718,415
1,431,441
21,149,856
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 13 to 23 form part of these financial statements.
Total
funds
2025
635,806
635,806
2,178
472,918
475,096
160,710
1,270,731
1,431,441
19,718,415
1,431,441
21,149,856
Total
funds
2024
609,974
609,974
144
295,030
295,174
314,800
609,631
924,431
18,793,984
924,431
19,718,415
Page 10

THE WEINSTOCK FUND
BALANCE SHEET
AS AT 5 APRIL 2025
Fixed assets
Investments
Current assets
Debtors
Cash at bank and in hand
Note
9
10
2025
€
21,064,866
21,064,866
2024
19,794,135
19,794,135
10,408
318,344
328,752
(162,643)
205308
265,809
(308,889)
Creditors: amounts falling due within one
year
11
Net current assets / liabilities
166,109
21,230,975
(43,080)
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
19,751,055
12
Total net assets
(81,119)
21,149,856
(32,640)
19,718,415
Charity funds
Unrestricted funds
14
Total funds
21,149,856
21,149,856
19,718,415
19,718,415
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Egun Weindhre
The Hon. Laura Helen Weinstock
Trustee
Date:
28/10/2025
The notes on pages 13 to 23 form part of these financial statements.
Page 11

THE WEINSTOCK FUND
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 5 APRIL 2025
2025
Cash flows from operating activities
Net cash used in operating activities
Cash flows from investing activities
Dividends and interests from investments
Proceeds from sale of investments
Purchase of investments
Net cash provided by investing activities
Cash flows from financing activities
Net cash provided by financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
The notes on pages 13 to 23 form part of these financial statements
(572,863)
625,398
625,398
-
52,535
265,809
318,344
2024
(651,771)
609,974
3,755,026
(3,711,866)
653,134
-
1,363
264,446
265,809
Page 12

THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
1.
Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) -
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Weinstock Fund meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
1.2 Going concern
The Trustees are confident that the charity has adequate reserves and resources to continue
operations for the foreseeable future and is well placed to manage its business risks successfully
despite the current uncertain economic outlook. For this reason, they continue to adopt the going
concern basis in preparing the financial statements.
1.3 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
The charity does not have restricted funds.
1.4 Income
All income is recognised once the charity has entitlement to the income, it is probable that the income
will be received and the amount of income receivable can be measured reliably.
1.5 Expenditure
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 on raising funds includes all expenditure incurred by the charity to raise funds for its
charitable purposes.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a
commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
Page 13

THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
1.
Accounting policies (continued)
1.6 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
1.7 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
1.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably. Liabilities are recognised as the amount that the charity
anticipates it will pay to settle the debt or the amount it has received as advanced payments for the
goods or services it must provide. Provisions are measured at the best estimate of the amounts
required to settle the obligation.
Grant commitments are recognised as liabilities in the balance sheet and charged to the Statement of
Financial Activities when the commitment to make the grant is communicated to the recipient. Grants
due in more than one year are discounted to present value. The discount rate used is determined
using the charity's average income yield on investments.
1.10 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequentl
neasured at their settlement value with the exception of bank loans which are subsequentl
measured at amortised cost using the effective interest method.
Page 14

2.
3.
THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Investment income
Interest received on cash deposits
Dividends received
Unrestricted
funds
2025
5,891
629,915
635,806
Interest received on cash deposits
Dividends received
Unrestricted
funds
2024
5,975
603,999
609,974
Investment management costs
Unrestricted
funds
Investment management fees
2,178
Investment management fees
Unrestricted
funds
2024
144
Total
funds
5,891
629,915
635,806
Total
funds
2024
5,975
603,999
609,974
Total
funds
2025
2,178
Total
funds
2024
144
Page 15

4.
5.
THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Analysis of expenditure on charitable activities
Summary by fund type
Grant making activities
Unrestricted
funds
2025
472,918
Grant making activities
Unrestricted
funds
2024
295,030
Analysis of expenditure by activities
Grant making activities
Direct costs
2025
€
430,806
Support
costs
2025
42,112
Grant making activities
Direct costs
2024
270,890
Support
costs
2024
24,140
Total
2025
472,918
Total
2024
295,030
Total
funds
2025
472,918
Total
funds
2024
295,030
Page 16

6.
THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Analysis of expenditure by activities (continued)
Analysis of support costs
Stationery and postage
General management
Audit and accounting fees
Bank charges
IT expenses
Insurance
Grant
making
activities
2025
424
19,243
20,230
438
1,636
141
42,112
Stationery and postage
General management
Audit and accounting fees
Bank charges
IT expenses
Grant
making
activities
2024
375
21,325
435
450
1,555
24,140
Analysis of grants
Grant making activities
Grants to
Institutions
2025
430,806
Total
funds
2025
424
19,243
20,230
438
1,636
141
42,112
Total
funds
2024
375
21,325
435
450
1,555
24,140
Total
funds
2025
430,806
Page 17

7.
THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Analysis of grants (continued)
Grants paid in the year
Arts
Community
Cultural & Environmental
Disability
Education
Hardship Alleviation
Medical Treatment/Care
Social Welfare
Total grants paid in the year
Grants awarded in prior year
Future commitments awarded in current year
Total grants paid and awarded in the year
Cancelled grants
Finance charges on discounting of future commitments
Total
Grant making activities
2025
€
217,978
13,000
23,000
91,742
68,500
13,000
52,373
54,050
533,643
(296,815)
195,998
432,826
(2,021)
430,806
Grants to
Institutions
2024
270,890
2024
202,790
41,500
34,000
115,178
79,500
11,000
76,381
62,550
622,899
(418,648)
71,500
275,750
(3,500)
(1,360)
270,890
Total
funds
2024
270,890
Auditors' remuneration
The Auditor's remuneration amounts to an audit fee of £6,600 (2024 - £6,000), and accountancy, taxation
and advisory services of £7,200 (2024 - £6,000).
Page 18

THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - ENIL).
During the year, no Trustee expenses have been incurred (2024 - ENIL).
Fixed asset investments
UK Equities
Valuation
At 6 April 2024
Revaluations
At 5 April 2025
Market value
At 5 April 2025
At 5 April 2024
1,410,968
118,128
1,529,096
OEICS
€
18,383,167
1,152,603
19,535,770
1,529,096
1,410,968
19,535,770
18,383,167
10. Debtors
2025
Due within one year
Prepayments and accrued income
10,408
10,408
Total
19,794,135
1,270,731
21,064,866
21,064,866
19,794,135
2024
-
Page 19

THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
11. Creditors: Amounts falling due within one year
Accruals and deferred income
Grants accrued - institutional (see note 13)
2025
17,145
145,498
162,643
12. Creditors: Amounts falling due after more than one year
Grants accrued - institutional (see note 13)
2025
81,119
13. Grants accrued
Opening grant commitments
Opening commitments paid in current year
New commitments awarded in the year
Cancelled grants
Finance charges on discounting of future commitments
Reversal of closing finance charge
2025
329,455
(296,815)
195,998
(3,381)
1,360
226,617
Breakdown of commitments
Due within one year (see note 10)
Due after one year (see note 11)
2025
145,498
81,119
226,617
2024
12,074
296,815
308,889
2024
32,640
2024
681,463
(418,648)
71,500
(3,500)
(1,360)
329,455
2024
296,815
32,640
329,455
Page 20

THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
14. Statement of funds
Statement of funds - current year
Balance at 6
April 2024
Unrestricted funds
General Funds - all funds
Statement of funds - prior year
19,718,415
Income Expenditure
635,806
(475,096)
Gains/ Balance at 5
(Losses)
April 2025
1,270,731
21,149,856
Balance at
6 April 2023
Income Expenditure
Gains/
(Losses)
Balance at
5 April 2024
Unrestricted funds
General Funds - all funds
18,793,984
609,974
(295,174)
609,631
19,718,415
15. Analysis of net assets between funds
Analysis of net assets between funds - current year
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
Total
Unrestricted
funds
2025
21,064,866
328,752
(162,643)
(81,119)
21,149,856
Total
funds
21,064,866
328,752
(162,643)
(81,119)
21,149,856
Page 21

THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
15. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior year
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
Total
Unrestricted
funds
2024
19,794,135
265,809
(308,889)
(32,640)
19,718,415
Total
funds
2024
19,794,135
265,809
(308,889)
(32,640)
19,718,415
16. Reconciliation of net movement in funds to net cash flow from operating activities
2025
1,431,441
2024
924,431
Net income for the year (as per Statement of Financial Activities)
Adjustments for:
Dividends and interest from investments
Decrease/(increase) in debtors
Increase/(decrease) in creditors
(Gains)/losses on investments
Net cash used in operating activities
(625,398)
(10,408)
(97,767)
(1,270,731)
(572,863)
(609,974)
(356,598)
(609,630)
(651,771)
17. Analysis of cash and cash equivalents
Cash in hand
2025
318,344
2024
265,809
Page 22

THE WEINSTOCK FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
18. Analysis of changes in net debt
Cash at bank and in hand
At 6 April
2024
265,805
Cash flows
52,535
At 5 April
2025
€
318,344
19.
Related party transactions
The charity has not entered into any related party transactions during the year, nor are there any
outstanding balances owing between related parties and the charity at 5 April 2025.
Page 23