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The Lindley Foundation 1152760
Receipts and payments accounts CC16a
For the period 12/06/2024 11/06/2025
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Income from investments 10,224 - - 10,224 15,126
Interest received 2,190 - - 2,190 981
- - - - -
- - - - -
Sub total (Gross income for
12,414 - - 12,414 16,107
AR)
A2 Asset and investment sales,
(see table).
Sale of investments - - 226,801 226,801 503,182
- - - - -
Sub total - - 226,801 226,801 503,182
Total receipts 12,414 - 226,801 239,215 519,289
A3 Payments
Grants awarded 53,000 - - 53,000 39,500
Investment Manager Fees - - 2,352 2,352 2,363
Trust administration fees 4,548 - - 4,548 4,439
Cash Management Charges 76 - - 76 47
- - - - -
Sub total [ 57,624 ] - 2,352 59,975 46,349
A4 Asset and investment
purchases, (see table)
Investment purchases - - 222,701 222,701 448,220
- - - -
Sub total [ - ] - 222,701 222,701 448,220
Total payments 57,624 - 225,053 282,677 494,569
Net of receipts/(payments) - 45,210 - 1,748 - 43,462 24,720
A5 Transfers between funds 39,507 - 39,507 - -
A6 Cash funds last year end 8,866 43,354 52,220 27,500
Cash funds this year end 3,163 - 5,595 8,758 52,220
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CCXX R1 accounts (SS)
07/04/2026
1
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
Capital account
Income account
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
Investment portfolio
**Details**
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**3,163**
**-**
**-**
**-**
**3,163**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Endowment**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
Print Name
Sue MacLeod on behalf of Ludlow
Trust Company Ltd|**Endowment**
**funds**
**to nearest £**
**5,595**
**-**
**-**|
|---|---|---|---|
||||**5,595**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**503,449**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval|
CCXX R2 accounts (SS)
07/04/2026
2
## **Trustees’ Annual Report for the period**
## **From 12 June 2024 To 11 June 2025**
**Charity name: The Lindley Foundation Charity registration number: 1152760**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To hold the capital and income upon trust to apply
the income and all or such parts of the capital at
such time or times and in such a manner to or for
the benefit of such exclusively charitable objects
and purposes in any part of the world as the
Trustees may in their absolute discretion think fit.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|In furtherance of the charity’s objects for the public
benefit the trustees provide grants. In determining
the charity’s activities, the trustees have had
regard to the Charity Commission’s guidance on
public benefit.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18||
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38||
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38||
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|During the year under review the charity made
grants to the following charities totalling £53,000.
•
All Child
•
The Childrens Hospital Charity
•
Parents and Children Together
•
Wycombe Youth Action
•
Starlight Childrens Foundation
•
1 MoreChild
•
St Lukes Hospice Sheffield
•
James Place Charity
•
Tender Education and Arts|
## **Additional information (optional)**
|**Additional information (optional)**|**Additional information (optional)**|**Additional information (optional)**|
|---|---|---|
|Youmay choose toincludefurtherstatementswhererelevant about:|||
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the reporting period the charity had
free reserves of £3,163 (2024: £8,866).
In addition to the free reserves the charity has bank
balances
of
£5,595
(2024:
£43,354)
and
investments valued at £503,449 within the
expendable endowment fund which can be
released to support the activities of the charity.|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trustees pursue a policy of maintaining a free
reserve available to be spent in the furtherance of
the charity’s objectives as well as covering future
needs, opportunities, contingencies and risks.|
|Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other||Expendable endowment funds are those which are
required to be invested to produce income, but
which may be transferred to unrestricted funds at
the discretion of the trustees in order that they may
be expended in furtherance of the charity’s
objectives.
Unrestricted income funds 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.|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document|Para 1.25|Trust deed dated 11thJune 2013|
|How is the charity
constituted?|Para 1.25|Trust|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are appointed by the trustees from time
to time.|
|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|
|---|---|---|
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51|No trustee received any remuneration or was
reimbursed any expenses in the year under
review.
Ludlow was paid £4,548 (2024: £4,439) for trust
administration and £76 (2024: £47) for cash
management services during the year under
review. These fees are authorised under clause 6
of the trust deed.|
|Other|||
## **Reference and Administrative details**
|Charity name|The Lindley Foundation|
|---|---|
|Other name the charity uses|TLF (Working name)|
|Registered charity number|1152760|
|Charity’s principal address|Ludlow Trust Company Limited
First Floor
Tower Wharf
Cheese Lane
Bristol
BS2 0JJ|
|||
**Names of the charity trustees who manage the charity**
|**Trustee name**
**Office (if any)**
**Dates acted if not for**
**whole year**
1Ludlow Trust Company
Limited
2 Patrick Lindley
3 Ella Lindley
4 Paul John LindleyOBE
5 Alison Jane Lindley
Corporate trustees–names of the directors at the date the report was approved|**Trustee name**|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Dates acted if not for**
**whole year**|**Name of person**
**(or body) entitled**
**to appoint trustee**
**(if any)**|
|---|---|---|---|---|---|---|
||Ludlow Trust Company
Limited||||||
||Patrick Lindley||||||
||Ella Lindley||||||
||Paul John LindleyOBE||||||
||Alison Jane Lindley||||||
||||||||
|**Director name**|||||||
|Gary St John Collins|||||||
|Walter Duncan Coxon|||||||
|Ali Reza Sarikhani|||||||
|Ziba Christina Sakine
Sarikhani|||||||
|Christopher Ian Thurlow|||||||
|Matthew John Wickers|||||||
|John Stephen Dennis||Resigned on 25/10/2024|||||
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
|**Investment Managers**|Coutts|Coutts & Co, 440 Strand, London WC2R 0QS|
|**Bankers**|Coutts|Coutts & Co, 440 Strand, London WC2R 0QS|
|**Accountants**|Charter Tax Consulting
Limited|8th Floor, 1 Southampton Street, London
WC2R 0LR|
||||
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Sue MacLeod on behalf of Ludlow Trust Company Ltd **Position (eg Secretary, Chair, etc) Date**
## **Document Activity Report**
## **Document Sent**
Tue, 07 Apr 2026 16:00:53 GMT
## **Document Approval Status**
Approved
## **Approval Activity Summary**
Sue MacLeod
Approved Tue, 07 Apr 2026 16:46:51 GMT
## **Document Activity History**
Document history shows most recent activity first
## **Date**
## **Activity**
Tue, 07 Apr 2026 16:47:52 GMT Sue MacLeod viewed the document Tue, 07 Apr 2026 16:45:10 GMT Sue MacLeod viewed the document Tue, 07 Apr 2026 16:43:19 GMT Sue MacLeod viewed the document
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**Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name **members of** The Lindley Foundation **On accounts for the** 11[th] June 2025 **Charity no** 1152760 **period ended (if any) Set out on pages** Financial statements page 1 - 2 Trustee report page 3 - 10
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 11/06/2025.
- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Date:** 08/04/2026 **Signed: Name:** Ian Rodd **Relevant professional** BSc FCA FCCA **qualification(s) or body (if any): Address:** TC Group Waverley House115-119 Holdenhurst Rd, Bournemouth BH8 8DY
1
**IER**
**Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
n/a
2
**IER**