Comparry r•gistratlon numb•r 08635189 (England and Wales)
Charlty rnglstratlon nwnber 1153327 (England and Wal0•1
CHILDS CHARITABLE TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Caladine
Chortered Cerlifsed Accounlonts

CHILDS CHARITABLE TRUST
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mr ch￿ L8rg8 (Chair)
Mr Stephen Puttock
Mis Melanie Churolyard
Mr Robert Ptsake
Ms Janu Katyan
CEO
Mrs melan￿ Churchyard
Charlty nurnbftr
1153327
Compony numbar
08635189
Principal addr888
40 Chapel Road
Bridgwater
TA6 4SH
Roglstsred offic•
40 Chap81 Road
PavAett
Bndgwat
4SH
Audltor
Caladine ￿M￿e<l
Chantry House
22 up￿rtOn Road
East Sussex
BN21 1BF
8ank•rn
Nalwest Bank plc
96 Terminus Road
Eastboume
6N21 3A4
Sollcllors
3BellL
East Sussex
BN7 1JU
Investrnent Manager
Rathts)￿ InVestr￿t Managememt
8 Finsbury CirrJJs
London
EC:M 7A2
SavilL8 InVes￿nt Management
33 Mar9afet Street
London
W1GOJD
prO￿rtY agonts
Bree Prenton Property Consultants
21 The Waterfront
Sovereign HathMJr
EaSt￿ume, BN23 SUZ

CHILDS CHARITABLE TRUST
CONTENTS
Trustees. repjrt
Statement of Trustgas. r8spJnsllMlit19$
Independent aLKlitorfs rewt
ststement of financial athities
10-11
Statement of finanual pO￿t￿)ft
12
Statement of cash Ilows
13
Notes to Ihe finan(￿ ststements
14-28

## **CHILDS CHARITABLE TRUST** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ 

The Trustees present their report and financial statements for Childs Charitable Trust ("the Trust") for the year ended 31 December 2025. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Trust's memorandum and articles of association, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". 

## **Objectives and activities** 

The Trust is a Christian grant-making Trust and since 2013, a Company Limited by Guarantee. Since its inception in 1962 the principal object of the Trust remains the furtherance of the Christian gospel and the Trustees are actively involved in supporting and encouraging many Christian charities to achieve this goal. 

We continually monitor the economic and social situation both within the UK and overseas and whilst we are unable to predict the impact on the charity’s future, we take appropriate advice to ensure the grant-making work of the charity continues. 

## **Public Benefit** 

The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities and setting the grant making policy for the year. 

The Trust has established its grant making policy to achieve its objects for the public benefit. 

All applicants are informed of the outcome at the end of the process whether their application has been successful or not. 

## **Achievements and performance** 

## Grants Awarded 

As required by the Trust’s Memorandum and Articles of Association, all activities have as their core purpose the Trust’s own main objective “the furtherance of the Christian Gospel.” 

All applications are sent on the Trust’s application form. 

Full details of the current process can be found on the Trust’s website. All applications receive are considered but, unfortunately, not all can be supported. 

The total charitable distributions in the year amounted to £450,000 (£831,000 in 2024). 

The Trust received 88 applications and awarded grants to 54 different organisations. 

The organisations funded are all based in the UK although many work overseas as well as the UK. 

Many of the organisations we support are working in sensitive areas of the world and have requested that we do not publicise their details. 

Some of the comments that we are able to share are joy and encouragement to the trustees: 

## _Schools Work:_ 

"We’re so excited to see how God will use this gift over the coming year as the regional teams grow and begin to serve more churches and communities." 

"Our programme teaches Year 6 children about Christianity, Jesus and the heroes of the Bible, in a relevant and contemporary way. This programme is delivered on a weekly basis to nearly 25 schools covering close to 850 children." 

- 1 - 



## **CHILDS CHARITABLE TRUST** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ 

## _Youth Work:_ 

"This support has enabled us to invest in staff, resources and community partnerships, helping young people across London to access safe spaces, trusted relationships, and opportunities to grow in confidence and faith." 

"We had many wonderful interactions with young people - from young people shedding tears over our dyslexiafriendly Bible books, because they can finally read a Bible that’s accessible to young people telling us their nonChristian friends had given their life to Jesus. We’re very proud to work in partnership with and thankful for funders like yourselves who help to bring young people closer to Jesus." 

## _Bible/Leadership Training:_ 

"This grant is a great encouragement and will allow us to supply the full quantities of Christian material that we had hoped to print." 

"We hoped to raise enough money to buy 10,000 Sena Bibles. The Bibles were printed in Dec 2025 and then arrived in Malawi in Feb 2026. They were distributed to churches, pastors and individuals in the Sena areas." 

"Your faithfulness to the ongoing work is making a big difference. Because of your continued support a record number of tuition grants were given and, therefore, students and their congregations invested in." 

## _Pastoral care:_ 

"The grant enabled us to provide Christian chaplaincy and spiritual care to older people experiencing loneliness, ill health, bereavement and the challenges of later life. This included one to one chaplaincy befriending, monthly fellowship gatherings, pastoral support at the end of life, bereavement support, and training for professionals through our Preparing to Say Goodbye course. The funding also enabled us to provide resources for housebound people that support spiritual wellbeing, including our holding crosses and Christian materials." 

## _Humanitarian Needs:_ 

"Your generosity has enabled us to be on the ground from the onset of the disaster, standing shoulder to shoulder with our partners." 

"This is a very generous gift for the Myanmar Earthquake Relief Fund.  We are so grateful to you and your Trustees, and I know that it will be a great encouragement to the dear ones out there." 

## Monitoring 

In accordance with their monitoring policy, the Trustees monitor the activities and performance of the Trust’s beneficiaries to ensure the gifts are used for their charitable purpose. Impact reports are provided to the Trustees for subsequent review and discussion. These reports enable the Trustees to understand more fully the activities and needs of the recipient charities. The charities themselves express their appreciation for such monitoring as it helps them understand the ethos of the Trust and often enables a closer partnership to develop. 

Melanie (CEO and Trustee) or another Trustee visits all grant recipients who have received a significant donation from the Trust in the year and reports back to the Trustees. 

## Missions Day 

Every year the Trustees arrange a "Missions Day" to which various Christian charities are invited to join the Trustees, staff and other invited guests, to give presentations of their work and to spend time in prayer. In 2025 we were joined by 5 Mission organisations.  The Trustees have expressed how beneficial they feel these days to be in gaining a deeper insight into the work and needs of the Missions. 

## **Financial review** 

## Income 

The income of the Trust is mainly received from two asset portfolios, commercial properties and investments. 

The Trustees take advice on their properties from an Eastbourne based commercial property agent. 

The investment portfolio continues to be managed by Rathbone Investment Management. 

## Asset cover for funds 

The Trust's assets are adequate and available to fulfil its obligations. 

- 2 - 



CHILDS CHARITABLE TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Reseryes policy
As all reserves are unrestricted and Yree. reserves, r( is the policy of the Trust that unr9Strict8d funds should be
designated to match the market value of fixed assets investments. This ensures that these funds are conssde￿d
"pemianenl. in nature as they are rtecessary lo generate income for the Trust to onable il lo carry out its acts.vil￿S
and continu8 in th8 fvture. Al 31 D8c8mtw 2025. such *grman8nf re$8r¥gs lotal £8.910.522 equal to the
Trust's fixed asset investmenls.
Investmentpolicy
The invgstment PDrtlolio manag8d by Rathton8 Invastment Managcmnt. seeks to 8chieve a baleru be￿8&n
capital growth 8nd income grovth thmiigh A w1fr)I￿) primarily in equit￿ and fixed interest stocks wth
medium risk. and lo ensure a reasonable in￿. The Trustees have sel (*rtain ethical restrictions on its
investments thos8 being avokled thal relatg dirgdty to armam8nts. loba(xx), alcx)IN)l and Media concems
that c¥)nflict the T￿￿t'S Chri%lian glhx. ￿ Tnjslges are satisf*d with the ￿Trent retum ¢)n Capltal.
The Trustees meet wrth the Inveslment Manw a year b dis(aJss the wuSrements for the forthcomlng
year and to review past Ferfomiance.
Loans
The charity abo holds on8 investr￿n1 in the of a loan to a tharity with simikqr ￿leCts. The loan raeefvas
intgrgst at a market rate and has a p8riod of 11 years remaining on thè term. Tr loan is secured on the assets
of the charity. The loan is pfovFded ￿ further the charita￿e objects of the charity and specffi￿al1y in furtherance of
the Christian Gospel. The Trustees annualy review ts adivthes and finances of the charity loan&1 to, to ensure
that Ihese aims ale bew met.
Plans lor lthur• ￿lI0d8
It is th8 intention of the Tnjstees f￿ the Trust to c(mtinu8 its actith long tem). ￿r￿j its annual income
and maintainlng its capilal base.
Str8tegy Doy
Each year the Trustees hold a Strategy Day lo di8cu&8 the requirements of the Tnjsl over the next 5110115 years
and the procedure5 that mNJhl be needed to te put in place to athieve the Twst's vkstr?n.
The TnJ5t's Vision arKI MISSI(￿ Statements are:
Vision- To see a worfd wheo every person has the potential to hear and respond to the gosp81 Thssage.
Mi55ion-To 51ralegically fund chri5b.an organi5alion5 whKh promte the Christian gospel.
The Twslees also discussed the requirements of the board and their strategy for Tru51ee recruitsnent. PrfoT to the
meeting, each ol the Trustees had ￿Mpleted a thIIs audit. Based cffj thè findiTrJs the Trustees will seek to
apwint 2 or 3 new trustegs 10 the t￿￿rd In 2026.
A funding strategy is discJJss&J aTrJ agre8d for the frythcx)miry year. DetsiLs of the agr8èd stratsgy is publis1￿d
on Ihe Trust's website.
Al the 2025 Strategy Day the TnEslees decided thal thoy shtyJld (x)ntinue throughout 2026 to keep aligned with
their vision and missiC￿ slatements. Ensuring Organisatic￿$ apptwng for lunding in 2026 foojs primarily on the
sharing of the Chftsb'an gospel.
The Trustees are mindful of thcir overs￿nd and have 8gr88d a roduced sp8nd for 202G. The TriJst6è5 will
accept requests for funding from those organisaiions that have been supported by th8 Tnjst in the pr8viou$ 3
years ar7¢J also agreed a smaller lund to be allocated on requests from organisations who have not been funded
in the past 3 years.
The Trustges 81$0 dI￿$S9d thwr propety porifolio. During 2025 V•e added another o)mmercial r*operty to our
portrolio. Tho TnJst8es continu8 to consid8r ftrturn oPFKff￿nthS lor Inv8strnwL

CHILDS CHARITABLE TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Stru¢thrn• governan￿ ond m•nwmonl
Structure
The Trusfs Memorartdum and Articles of AsKtiation state". The Charity's ObJ"eL*5 are for the public benefft lo
advance the Christian faith in accordarth with the Slatement of Beliets ... in Easttjoume. East sU￿X and In
such other parts of Ihe United Kingdom or the world as the Trustee5 may frIMn time to time think fft and lo fulfil
such other purposes which are exdusivety tharitable accordir¥J to the law of England and wa￿ and are
connected wrth the charita￿e work of Ihe Charity.
Governanc8
Whilst the day to day mattels and gener81 runntng of the Trnsl a￿ delegated to Melanie Churchyard {CEO and
Trusleel, this Is done in referenc* to the other Trustees who ullimatety tske res[￿sibIlIty for all decisions.
The Trustees mel every three months to rewew finanaal and investrnent matters, Ctnsider grant applications and
deal wtth other issues as necessary. Communutions by email and telephone in be￿een forn￿1 Trustses.
meetings enable any uryJent maiter5 to be dealt *rylh.
The CEO and Chair of Trustses m8et in t*trhwi meetlngs to W8P8re 8gend8 for r￿ttn9S ond di$￿SS any
other relgvant matters.
The Trustees, who are also the directors for the purp)se ofcompany law. and served dLtring the year and up
tr) the date of sgnature of the finanoal statements weie."
Mr Christopher Large (Chairl
Mr Stephen Puttock
MTS Melanie Churchyard
Mr Robert Peake
Ms Janice Kalyan
l Trustees musl be active rnernbe￿ of their Ictal church. subscnbe to the Tru5t'5 Statement of Beliets and
share the chdsb.an ethos ar¢d aims of the Trust. It is imr*rnb"ve that all Trustees have general charity experience
and are able to devote thwr time and energtes to the affairs of the TrusL None of the Trustees arg remuner8led
for their s&rvic8s as Trustees, but are wmbuwd for out-of-FKckel expenses incurred in the performanca of Eheir
duties as Trustees.
Manwment
Mrs Melanie Churchyard, CEO, deals th all of the day-ttrday affairs of TrusL Mdanie was omployed
throughoLrt th8 y8ar. The Trust has use of an Off￿ in pavAe￿ S￿￿orsel Molanio kgq)S 011 Tn￿te@S fully
informed of the mattgrs of the TrusL
The remuneration of staff is dIs￿SSed and decided by Ihe Trustees (eXd￿Yir￿J Melanie} and is based on relevant
skilts and responsibilrties and in line wrth the rates prevailirwJ in the Its￿rita￿e sector.
Throughout 2025 the Trust was a member of Ihè Ciwl Sotsety aThY the Chrtstian Fun(Jers Forum.
Risks
The Trustees regularly review and assess the Malc￿ risks to which the charity is exposed. Admce and guidance
is sought from our auditors and other professionaLs. The main finafKaal risk to the charity is the level of ratum on
investments since this affects the grants it can pay OUL
The Trustee9 are aware that there are lik6ty to eontFnu8 to be ¢*al￿ng8S lo the aftereffects of the
Coronamrus pandemic and the ongoing war in the Ukraine. The Trustees a￿ continualty monilorlng the situation
and keep in regular ¢x)mmunkation wllh their adviso￿ a￿1 invastnwl managor.

CHILDS CHARITABLE TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
It 1$ IMFW￿Ie to elwninate all risks. but the Truslees are satisfied that the systems they have in place milwe
exposuro to the major risks a5 far as they a￿ able.
All policies are review￿ in ac¥J)rdartt wilh th8 agreed reviv* SC1￿Jus&.
Trusteèg are képt InfC*m￿ by the amjitcffs and soli(altYs of the Tn￿1 of their oblylions as chanty TnJste89,
together with their legal and stalLrtory ¢Ju¢ies. Wh8never rKJwb$8. Trustees and slaff attend relevant training and
Seminars lo help undef5tand further their re5￿K￿￿1￿1rtltiS and duties.
Feedback from the grant recipients is essential and it is SLth reports arKI leS￿￿Onies. that help the Trustees
evaluate the impact of the support the Trust has provided and to plan for the frjture. However. as the Trust's main
objective and many of the ￿SU[iS reported are of a spiritual nature, tangible evidence is often lacking. The
Tnjslees recognise that it can be to quanbfy final results and impaGL hjwever. they seek to erwura3e
the grant rerypients to be as detaI￿d as p￿ble in their reFKJrts"ng.
Dl$closur• of Inforn)allon to audltor
This report has been prepared in accordarKe V*ith the small coryany regNne as r¥Jlined in Section 419121 of the
compan￿ Act 2006. Eath of tho Trustee5 has confirmed that there 15 no information of which they aro aware
which is rglevant lo the audit. but of the auditor 15 unaware. They have furthef confirrned that they have
tsken approprtate steps lo hdentify suth Tthant informatb)n and to establish that the aLKlit0￿ aTe aware of such
Inf￿ation.
Thè TnJ
' rep)rt was apwovth* by ￿ 808rd of Trustees.
Mr Chrf
Trustoo
Dated..
• (Chalr)

CHILDS CHARITABLE TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2025
The Trustees, who are also the directors of Childs Charita￿e Tru51 for the purrthe of cg)mpary law. are responsible
for preparing the Tfuslees, Report and the lInan￿81 ststements in a(*ordan￿ appli¢2ble law and United
KlrKJdom Ac(tsunting Slandafds (United lfjngth)m GenernlyAccepted PrncUc*}.
Comp8ny L4w requwes the Trt￿teeS to prepare finarhial sLknnts for eath finandal year wh￿h give a true and falr
view of tr¢e stste of aff8iTS of the Tnjsl arKI of the ino)mirKJ re5(yJrt8s and ap￿ie41￿)n of resour￿, including the
income and expenditure. of the c*aritable company for thal year.
In preparing these finanaal slatements, the Tnjstees are reqtjired to..
- select suilable accounting policies arKI Ihen appty them c4Jnsistenty.'
- obsorve the methods and prinLiples in the Charities SORP:
- make ludgemenls and eslimales that a￿ reasonable and wud*)t;
stste whether applicable UK Acts)unting Stsndards have been followed, $￿'8¢t lo any material doparturos
disdosed and explained in the fina￿81 Stsle￿nts'. and
- p￿ pare the finanoal stslements on the going COn￿M basis unless it is inapwopriate to presume th8t Ihe Trust will
)ntinue wi 0￿10￿￿.
The Trustses are reS￿sIb￿ for keepirrfJ adequate a¢xt)untirKJ rncgyds that disdw wlth reasonable aixuracy at
any time the financial posllion of the TnJsl and enabie them to ensure that the finanoal ststements comply with tho
Companies Act 2006. They a￿ also re5ponsitAe for safeguarding the assets of the Trust and hence for taking
reasonable slaps for the prevention and de￿110￿ of fraud and other irregulaiities.

CHILDS CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF CHILDS CHARITABLE TRUST
Oplnion
We have audited thè finantsal sL*ments of Chdds Charitable Trust {the Trust'l for the year ended 31 December
2025 which comprise the ststemenl of financial a(aiwOes. the ststem￿t of financial posiknon, the stalernent of cash
flow5 and mles to the finanaal ststements, indudirKJ signtficawrt 8t0￿￿ting F(Jlicies. The financbal repgrting
framework that has been apph'ed in V)8ir wep8rdtH)n is applicable law aTKI Unrted Kingdom Accounting Standards.
induding Finanual Rew)rtrn9 Stsndan1 102 The Financ481 Repo￿n9 Stsndard applicèble in ttift UK and Republic of
Ireland (Untted Kingdom G8nerally Acceptsd AC￿￿nI1r￿j Pracli￿1.
In our opinion. th• finanaal statements-.
gNe a true and fair of the stsle of the tharitab￿ 0)mpan￿5 affairs a5 al 31 December 2025 and of its
Incomlng resources arKI applicat￿￿ of reSoU￿s, indudiThJ ts income and expenditure. fr)r the year then
ended:
have been pmpety kYepaTed In Un6t&J Kingdom Generdlly Actspbj A£counting Practi¢2:
aTh
have be8n prepared In accordance with the requirements ￿ the C￿an￿ Act 2006.
B8$1s for oplnlon
Wo wnducted our audil in accordancè ￿ Intemalional StarKlards on A￿￿Tting (UK) IISAS (UK)) and applicable
law. C￿r Tesponsibilitias under those standards are fvrther described in Ihe Authtorfs rgsponsibilibes for the audll of
financial statomenls section of wr TeForL We are independeni of the Trust in acCrXdar￿e with the ethi¢￿1
requirements that are relevant lo our audit of the financial statements in th& UK. induding Iho FRC'S Ethic81
Standard. ond the provisions available for small entibes. in the ryrcumslances set out in note 31 to the finanu81
statements. and we have frjffilled our other ethical responsibilitss in accordance with these requirements. W&
b81i8v8 that the audit e￿der￿ we have obtained is suffich?nl and appropriate to provid8 a basis for our opininn.
Con¢luslon8 relatlng lo golng ¢onc0rn
In auditing the financial ststements. ￿ have conduded that the Trustees, use of the wng concem bass of
accounting in the preparatson of the fi￿ar￿121 slalements is apprwriate.
Based on the work we have perfornied, we have not identified any material unc8rtainti8s fBlating to 8V8nts or
conditions that, indTvidualty OT collectively, may cast significant doubt on the Trust's ability to continue as a going
coneem for a peritrj of al knst twefve from when Ihe finanrAal statements are aulhorised for issue.
Our ￿$￿nSibIlitieS and the resKhxtsiblilies of the Tntstees with ￿$￿￿et to going can￿M are described in the
relevant se¢iions of this rewt.
Oth•r Informatlon
The other inf0m18￿on u)rwises Ihe infwmatkjn IndLMJed In Ihe annual rewrt other than the flnancial ststements
and our auditols ￿port thereon. The Trt￿lee$ a￿ ￿￿nSible for the other infomwtion Lxjntained within the annual
port. Ovr opinion ￿ the finanual statements does not ￿Ver the other lnfomiat￿0n 8nd, except lo the extent
otherwise eXplic￿Y ststed in our ￿pOIL we do express any fNm ol assurance conclusion Ihereon. Our
r8sponsibilty is lo rgad the other infomwlion and, in doing ¢A). frnsider whether the other information is m8terialty
inconsistent with the finanual ststements or our knowledge obtsined in the course of the or othernyise appear5
to be materialty misststed. Ir w9 Mlentify such material inconsistencies or apparent material misstatements, we are
requlred to (J8tem7ine whother this gNgS ris8 to a material misststement in the financaal ststsments themselves. If,
based on the Work we have perfOrn￿d. that I￿re ts a material misslatemenl of this other Infomiallon.
we are required to report thal I￿1.
We have nothing to repryt in this regard.
Oplnlons on other mattorn pr•$¢rlb•d by the Companlos Act 2006
In our O￿niOn. based on the work undertaken in ccNJrse of our audiL
the infomiation given in the Trustees, reFMYt for the finantial year for whth the fjnanclal statements are
prepared, which indudes the direclors. rekM)rt prepared for the purrM)ses of company18w, is consistent with the
financgal slatemants.. and
the directors, rewrt includad wlhin ts Trustees. report has been prepartsj in ac￿rdarI¢e with applicable legal
requirements.

CHILDS CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CHILDS CHARITABLE TRUST
Mattors on whlch wo are roqulred to report by •xwdon
In the light of the knO￿edge and underslanding of the Trust and its onviTonm8nt obtain•J in th8 course of th8 audit.
we have not idÈntifi8d mat8fbal mwlatemgnts in thg dirKtys' rgport ￿dL￿l9d vrithin thg Trusts8s' rgwrt.
W& have nothing to retxyt In respecl of the folbwlng matters In rela11￿ to whlth the Companies Act 2CQ6 requires
us to report to you rf. in our opinion:
adequate accountiThJ records have not teen kepL or roknms ad&Juate for our aLxlit have not been received
from branches not wsited by us: or
the financial ststements are not in agreement wrth the 8ec<yJnting reca)rds and retums; or
C8rtain disciosyr8s of trustees, remunerabcm by I￿ are not made: ty
WÈ have not received all the infomiation and explanations we require for our audi¢ or
the Trustees We￿ not enltued lo prepare the financ4al Statements in acccrfdan￿ the small companies
regim8 and lak8 advantage of the Small l￿panieS, exernpb"on5 in preparirvJ the Tru5tees' rep(xt and from the
requirement lo prewe a Strateg￿ ￿[￿*1.
Rosponslbllldos of TnMt•
As explained more fully in the ststement of Trustees, reswnsibiltLi8S, the Trustees. who are also the directors of th8
Trust for th8 purpos8 of company law, are reSwnsi￿8 lor Ihe preparalton of the financial slatemonts and for being
satisfied that they give a trne and fwr wthv. aThJ for suth inlemal contrd as thg Trustges determine is necessary to
enable the preparation of financial statoments thal are fr88 from malerial misstatamant. ￿ether due to fraud or
error. In preparing the financ¢al statements. the Trustees are responsible for assessing the Trust's aknlity to continue
as 8 going Coll￿￿, disckising. as ap￿iCable, matters related to going concern and using the going concern basis of
accounting unl8S5 the Trustees ￿ther intsnd to liquidale the tharItab￿ company or to cease operation5. or have no
realistic aftemakn.ve but to do so.
Audltorfs rnsponslbllltlas for th• audlt of th• Ilnanclal stalwn•nts
Our objeth.ves a￿ to obtain reasonabte assurance atout ￿ether the finan(xal statements as a whola fre8 frcAn
material misstslemenL whether du8 to fraud or error, arKI to issue an audttorfs report that indudes our opinirm.
Reasonable assurance is 8 hoh level of assur8nce but is not a guar8ntee that an audrt cor1dL￿ted in ac£ord8nce
with ISAS IUKI wll always detect a matsrial misslatement when it exists. Misststements (gn arise from fraud or
error and are constdered material rf. individually Of in the a99￿ale. they (xjukl wsonably be exiwted to influence
the economic deasions of users taken on the bass of these finan(ial ststemenls.
The extgnt to which our PTocaJurns are capa￿e of detectlTrA irregularitss, inchjding fr8Lpts, is detailed bek)w.
The extent to which the audit was considered capable of detecting irregularities includtng fraud
Our approach to id8nt1￿.n9 and assessing the risks of material M&￿tatement in respocl of iffe9ularitss. Induding
fraud and rton-compliance with laws and regulations. was as follows:
. the engagement partner ensured that thg engggeffwt te8m colWivety had thg appropriate oynpotonce.
capabilities and skills to identify or raccgnise non-compliance with apF4icablo laws and r8gulations-
we identsfied the laws and regulations applicab￿ to the charity through discussw)ns wilh trust88s. and from
r commercial knowledge and experience of the tharity sector.
we fo(JJsed on specafic laws and regulations which we considered may have a direct matellal effect on the
firk7ncial statements or the operations of the company. induding the Companies Ad 2006. Charities Act
2011 and employment legislation-
. we assessed the extent of compliance with the laws regulations Identified a￿ve through making
enquiries of marbagement and inspecting legal Corresponden￿.. and
i¢Jentsffi8d laws and regulations were communicated wtthin the audit team rewksrly and the tèam remained
alert to instsnces of non-eA)mpli8nc* throughoul the audit.

CHILDS CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CHILDS CHARITABLE TRUST
We assessed the suscepti￿lify of the trusfs financial stsIem￿S lo m81erial misstalemenL induding obtalniThJ an
understanding of htrw fraud mKJht crtur. by:
. maknng enquiries of management as to ￿ere they wwlored there vas suscepb"blltty to frdud, their
kr¥￿￿*Jge of actual, SUS[￿1 and alleged fraud,. and
considering the inlemal controls in pL4ce to mth9ate iisks of and nor￿cOMPlI￿ wth IAWS and
regulatiorts.
Audlt rnsponu to rfsks Id•ntl
To address the risk offraud Ihrcwh manyFr￿1 and mffid• of controls. *E."
. performed anatyb'cal procedures to identsfy any unl￿1 or unexp8caed relalKJnships:
tested joumal entries to identify unusual trdnsactions:
. assessed whether judgements and assumptions madè in determNiing the acoJuntirwJ estimates Warg
indicatwe of potèntial bias- and
investigated the rab.onde behind SpJnif￿anI or unusual trartsaclw)ns.
In response to the risk of irrngularibes and wilh and regulations. d￿gned prrrtedures
which included. tyJt were not limited lo..
. agreeFThJ ftnandal 8ts1ement dlsthsurgs to underf￿n9 surythlThJ Or￿mentall0n.
reading the minutes of meetings of those tharggd vthh gov8marKe:
enqUI￿ng of management as lo actual Fthntial liligatiw and claims..
Ye￿eWing cor￿SpOnden￿ th HMRC and ￿levant regulators
There are inherent limilattons in wr audit wccedures dewibed above. The nN)re ren￿Ve￿ th81 Lqws and
regulations are from financial transat*ons, the less likdy li is that we would become aware of non-compliance.
Audlting standards also limit the audit procedures required to identify non<ompliance wth laws and regulations to
enquiry of the trustees and other management arKI the insFeclion of regulatory and legal correspondence. if any.
Material misstatements that artse due to fraud can be hattler to dete0* than tfthe that arise from error as they may
involve deliberate corThalThwrt or ￿lUSIon.
A further descripbon of our responwtilrli8S is avalabl8 ￿ the Financial RepLvbng Cwncil's V•*bsite at httpsjl
vmw.frc.org.uk1audit0￿reSF￿￿slblliI1as. This (lescJ1pti￿ forms part of our audriorfs reporL
Mr Colln Jam•s Dads¥MII FCCA IS•nlor Statiitory Audl
for and on behaw of Caladine ￿rn￿ed. StstuloryAuditor
Chartered Certtw Accountants
Chanty House
22 Upperton Road
Eastboume
East Sussex
8N21 1BF
Date. ! I.￿%1.1016

CHILDS CHARITABLE TRUST
STATEMENT OF FINANCIALACTMTIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
Curronl flnan¢lal yoar
unr￿1¢tod Unroslrf¢tod
funds
general deslgnatod
2025
2025
Total
Total
2025
2024
Income from:
Investrnents
329.678
329.678
317.986
Tolal Incom•
329.678
329.678
317,986
Exp•ndlturo on:
Raising fvnds
Charitsble activittes
Other expenditure
56.661
56,661
540.604
57,440
922.703
13,960
Totsl expondlturn
597.265
597.265
994,103
Net gainsl{lossesl Cyb inVestm￿ts
12
387.831
387.831
291.177
Not In¢omell0x￿nd{tUl*j
(267.587>
387,831
120,244
{384,940)
Transfers btheen fund8
10,563
{10,563)
Net movement in fund8
(257.024)
377.268
120.244
(384.9401
Reconclllatlon of funds:
FL¢nd balances at 1 January 2025
405.￿7
8.533.254
8,939,161
9,324,101
Fund balances at 311)•c•rnber 2025
148.883
8.910.522
9,059.405
8.939.161
The ststement of finarrial actiwtres indudes all gains ￿ losses reczyJni8ed in the year. AJI incrAne and expenditure
derive from continuing actsvrkn"es.
10-

CHILDS CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDrruRE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
Prlor Ilnanclal year
Unrestrfcted Unrestrfcted
furKIs
funds
genernl d•8lgnated
2024
2024
Total
2024
Income from:
Invc3trnents
317,986
317.986
Total lThcom•
317.986
317.986
Expendlturn on:
Raising fLsnds
57.440
57.440
Charltable actmties
Other expenditur6
922,703
13,960
922.703
13.960
Total expendlturn
994.103
994.103
Net galnslllosses) w in￿$1m￿ts
12
291.177
291,177
Not Incom￿(¢¥Wnd1IuY•￿
1676.1171
291.177
1384,9401
Tr8nsfers between fvnds
23
1685.3191
685,319
Net movement In fundb
(1.361.436)
976.496
1384.9401
Reconciliation of funds:
Fund balance5 at 1 January 2024
1.767.343
7.556.758
9.324,101
Fund bala￿98 at 31 D•com￿r 2024
405.9)7
8.533,254
8.939.161
11

CHILDS CHARITABLE TRUST
STATEMENT OF FINANCIAL posrrioN
ASAT31 DECEMBER 2025
2025
2024
Not•s
Flxod assets
Property. plant and equipment
Investrnent property
Investments
Mixed mobve inveslmtnts
14
15
16
17
596
1.711.252
7.107,873
91.397
1.033.5(Kl
7.402,562
97.192
8,911.118
8.533.254
Current assots
Trade and other receNables
Cash at bank and in hand
18
34.092
137.200
28,551
432.750
171.292
(23.OJ51
461,301
(55.394)
Curr•nt Ilabilitle8
20
Net ¢urrnnt a$sets
148.287
405.￿7
Total assets less current Ilabllltl•ts
9.059.405
8,939,161
Not ass•ts
9,059.405
8.939.161
Tho funds ol the Trust
Unrestricted funds- general
Unr8Strictsd fvnds. designatad
148.883
8,910.522
405,907
8.533.254
23
9.059.405
8.939,161
nan
al slateM￿ts were approved by the Trustee5 on .1oRMJo￿￿É6.
orLa
& (Char)
Trust
Company regislratM)n numt*r 08635189 {England aTrJ Wales)
12-

CHILDS CHARITABLE TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
2024
Cash fl¢)ws from operntlng actr¥llios
Cash absofbod by (yerations
1629.3471
1939,027}
Inv•stlng actl¥ltl•s
Purth8se of prO￿rtY. plant and equiwient
Purchase of inv8stmenl prr¥)wty
Purchase of other investrngnts
Pioceeds from disposal of other irtvestments
In￿kn)ent inrx>me
{6501
{6T7,7521
12,102.9641
2.785.485
329.678
{2.257.153)
1,566.324
317,986
N•t Gash ggn•rnt•d frornllus•d In) Inv•sdng
actlvltiel
333.797
1372,843)
N•t d•crnas• In ¢Mh and ¢88h •qulvahnts
1295.5501
11.311,870)
Cash aThJ cash equlvalents at twinning of year
432,750
1,744,620
Cash and co$h •qul¥al•nts at •#d of year
137.2LK)
432,750
13-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
A￿oUnting polici
Company Inforniatlon
Chitds Charitable Trust ts a pnvate company limited by guarantee in(xxporated In EngUgThY and Wales. The
registered office Is 40 Chapel Road. PavAetL 8rWaler. SomewL TA6 4SH.
1.1 Basls of prepafatlon
The financial statements have bèèn wepwed In acc#)rdanc* wlh the Trusfs MenN)rarKlum and ArUd8s of
Association,
the Companies Act 2[￿ and "Acrxxjnting and Rew)rbng by Charities." Statement of
Recommen¢Jed Practio 8ppli¢8ble to charities preparing their a(￿Unts In accordan￿ wth the Finanaal
RePo￿ng Slan¢Jard appli¢￿tAe in the UK and Republic of Ireland IFRS 102) (effective 1 January 20191.. The
Trust is a PublK Benefft Enlity as deffi￿d by FRS 102.
The finandal ststements are prepared in stedlng, the funclkThl currerw of th8 Trust. Monètsry
amounts in these finandal statements are r(￿nded to the nearest £.
The finan￿al statements have been prepared urthr the his￿1¢81 ¢xJst ts)nvention, modtfied lo indude
investrn8nt properties and certain financial intrum8nts at fw"r value. The winopal 8Q))untlng poliues adoplad
a￿ sel out below.
1.2 Golng concem
At the ts.me of appming the fin8n(ial slatements. the Truste8s have a reaSona￿e expeclation that the Twsl
has ad8quale resources to ¢ontlnu8 In operational existence ts tho f0ras8eab￿ fvture. Thus the Trustees
ntinue lo adopt the going concem tsa￿$ of ac￿L￿lIng in preparing the ffinancial statements.
1.3 ChaTltable funds
unrestn.cted funds are availa￿e fty use 81 the dtscret#)n of ihe Trustees in fvrther8n￿ of their charitable
objectives.
Dostgnatod fvnds (wrlse funds have set aside at tho discretion of thè Trustees for specmc
purposos. Th8 PLFfwsgs and uses of Ihe desi￿1￿ funds are set out in the note5 to the financial statements.
1.4 Incomo
Income is recLYJnised when the Trust is kgalty entitled to it after ￿Y F*rforniarKe cOndit￿S hove been met,
the amounts ¢an be measured ￿liablY. and It is probable Ihat In￿ will b8 re￿Ned. The ChariWs income
consists of voluntsry Inc￿Me and that investrnents, indudirwJ propety.
Cash donations ar9 recr￿jniS8d on r8c8ipL Other donations are rwnised once thè Trust has boen notifi￿ of
th8 donation. unless perfonnance conditions r8quire deferral of the amount. Income tsx recoverable In re18tton
lo donations received under GIft￿d cf deeds of CoVer￿n{ is reco3ni*J at the time ofthe donati￿.
Rental irK(￿e from investrnent properti￿ K8 Tecwnised in the State1[￿rt of Fin8n(aal Acilvlties on a
straight-line basis over the term of the lease. even where the contractual payments are not made on such 8
basis. Lease incentives granted to tenants. induding rent-free perioI5 and other Ir￿u(*m8Trts, are recognis8(1
as a reduction ol renlal ir￿rne and are spread on a strdight4ine basis over the lease temi lor to the first rent
review dale rf eartler). Arnounts reccKJnised in excess of amounts Inv¢yrAJ are indudgd in debtors as accrued
Income or unamortised lease inLWtive5.' amcAJnts imioKed In a￿$$ of income r8ccgnised are induded In
other investment income I￿udeS incorne from listed inVestm￿ts arKI loan Interest r8C8fvable and 18
resxgni8ed in thè a0￿Unts w￿n reC￿able.
14-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
A¢countlng pollcles {Conllnu•d)
1.5 Expendlture
Liabilities are rec(*JntwJ 8$ swn as a kgal or construthe 0￿￿jat￿l arises committtng the Trust to the
expendlture. Al expenditurg Is ac￿￿nted for on an accxuals lia￿$ and has been dasstfied under headings
that aggrfr3ats all ¢osts rclalod lo th8 category. Costs of activiti￿ iri lurth9rance of the Trusfs objects are
grants made by the Trusl to Sup￿ Christran tharilable projects. and the support costs relating to this 8Ctivty.
Costs of roisir¥J lund5 cIHnprise those costs relalirw Iv management and maintenance of the investrnent
pmp•rtiAs. as well as the invgslm8nt managorfs fQ￿- for mgnaging the investments aiid 襥urilies.
Supp)rt costs ¢(￿)￿Se aJministrat*)n costs in rolat1￿ to grant twier with governan￿ c#)sts.
Govemanc8 costs indude the costs of audifing the statutory accounts. th8 Cost of T￿St￿. m8ebngs and the
cost of any legal adwce to Trustees. on governar￿ or Cons￿tu110nal matters. The suprx)rt cx)sts have been
allocatod whdly to the grant making athtties. with the exception of the support wages. These wages have
1)gen allocated 10% to the costs of r￿Ing funds arKI to the grant ma￿ThJ activitm. on a basis.
1.6 PTOPerty. plant and •qulpmont
Property. plant and equipment are inthally measured at t%st and subsequenuy meagjred at cost or valuation,
net of depreciabon and any Impalm￿nI k)sses.
Depreciation is recognised so as to write off ￿ cost ly Valuati￿ of assets less thelr restdual values over their
usefvl INes on th8 folk)wing basis..
Fixtures, ffttings and equiwneni
3 Yea￿ Stra￿tit ￿ne
The gain or kjss ari￿ng on the disF*)sal of an asset is dete￿Ir￿d as the drfterence be￿e￿n the sale proceeds
arKI the carying value of the asseL and is recojnised in the slatement of financial actimtios.
Tangible ftxed assets are Ca￿all$ed rf can be itsed for more than one year ar￿ cilst al least £500.
Neither land investsment pryrties are dew&?atsd.
1.7 Investmént proprty
Investment propertie5 are those held to eam rentals andlor for capital appr￿lation. The investm8nl pro￿rties
are mèasured Ltsing the f&r v8lu6 nK*Jel and stated at its fair valuè (open market valuol at thg fgFortiThJ ond
date. The surplus or deficti on revaluation Is reccgni5ed in net income1{expenditu￿} for the yeaf.
1.8 Non<urrnnt Inve$tm¥nts
Lisled investments are ￿asUred usirvJ the fair value m¢>Jel and stated at Its fair valu9 (open market valuel 8t
the reporting end date. The surplus or deficit on revaluat*)n is recognised in not ir￿me/(8xP8ndrf￿reI for th8
The Tru51 also has a mixed n￿t￿8 inve5trnent in the form of a loan to a charity wtth similar objects and this
has been (lea￿ with as a ba￿¢ finanual instrument in 8CtQTdènce with the requirement of FRS102 SORP {see
financial instruments bèlow). Th loan recerve5 interest at a rate of 5% and is secured on thft AqSRts nf tho
r6eeiving Charty. The k)an is provided to further the tharrtabl8 objects of the charity and specrfically in
further8nce of the Christian Gospel. The Trustees regulady review the activit￿ of the charity loaned lo to
ensure that these aims are ￿{n9 met.
1.9 Impalrrn•nt of non<urr•nt as¥•ts
At each reporbro end date. the Trust the caryirNJ arnounts of its taThJible assets lo delerniine whether
the￿ is any indication that those assets have suffèrÈd an impaimient 10s5. If any such indication exTsts, the
recoverable amount of the asset is estimaled in order to detemiine the extent of the impaim)8nl loss Irf anyl.
15-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Accountlng poll¢ies (Contlnued}
Recoverdble amount is the higher of fair value less costs to sdl and value in use. In assessing value in use.
the estimated ftEIuTe cash flow5 are discounted lo their presenl value using a pre-tax discount r818 that reflects
current mafkel assessments of the time value of rrw and the risks S￿￿ to the asset for which the
eslamates of future cash have not been adjus￿.
If the rocoveraNe amcxjnt of an asset is estimated to be less than its ￿rryIng amounL th8 carrying amount of
the asset is reduced to its recx)verable amounL An impaim)ent lo￿ i8 recognised immediately in incomel
{8xpenditure for the yeaf, unless the relevanl asset is cani8d at a revalued aM￿nt. in which caso tmg
impairment loss is treated as a rev￿￿atrOn decrease.
Recognised impairment bss8s are r8V8fS8d if. and onty rf, th8 rea￿r￿ for th8 impairment loss have ceased to
apply. Where an impairment loss SubSequen￿Y reverses, the carying arrKJunt of the asset is increased lo the
revised e51>male of its recoverabje amunl. tryjt so that the increased carying amount does not exceed the
caffying amourrt that w(MJkd have been delermin&J had impairment loss been recL>Jnised fof the assel in
prior years. A reversal of an impairrnent knss is recc4Jnised immediately, unle55 the rdev8nt 85set is carried in
at a revalued amunL in whK* the reve￿8[ of the impairment k>ss is treated as a revalu8t6on increase.
1.10 Cash and •qulvalents
Cash and cash equivalents indude cash in hand. dewsits held at c￿1 wth banks. other short-term liquid
investments with original maturitss of thr88 rnnths or I￿. bank overdrafts. Bank overdrafts ar8 shown
wlthin borrowings in current liabilths.
1.11 Fln•ndal In¥trum•nts
The Trust has a mixed motive investment in tho form of a loan to a charity 4wth similar objects. The ban is
basic finanrjal instrument and the Trust has applied the treatment requ￿1 by FRS102 SORP. In￿allY
recognising and measuring the loan al the arI￿nt paid, the c4ffwng amount adjusted in subsequent
years to relyect repayments arKI any awued interest and adjust&1 rf ngc*ss8ry for any impaimient
Tho Trust other ftnaniial assets and financial liabiliti.es that all qualify as bas￿ finanryal in$trumgnts. Basi
financial instrumants are initially recc*3nisgd al transaclion value and subsaquentty measured at their
settlement value. Basic finanoal assets indude trade and other receNabFes and cash and bank balances.
Basic financial liabilities include trade atKI othèr paYa￿e$ Whe￿ trado payables are obligations to pay for
goods and services that have teen acqui￿ in the ordinary course of operations from suppliers.
1.12 Employ00 bon8fft8
Thè L*sl of any unused hol*Jay entittement 15 re(xgni5ed in the perK>d th8 employee's sermcth arè
rac*ived.
Temiination b0￿fits are recognised immediatety as an exrense Wh￿ th8 Trust ts demonstrably commltted to
lermlnale the employtrtht of an ern￿ cf to wovide temiinalion benefits.
1.13 R•tlrom•nt ￿nafft*
Payments to deflned contrIbu￿n retireffmt benefft sthemes are charged as an ex[￿￿ 88 they fall due.
1.14 Grant Maklng Pollcy
The Trust supwrts by the prowsion of financial grants some of ttb)5e Christian org8nisalions whose own
activbl]￿ mirror ftjrther the Trusvs own 8irn$ SI￿ obJ8th8s. Numerrxjs and ¥8ri&1 appltcatrons are rec8iVgd by
the Trust every month. In addition the Twslees are also aware of other Christsn Organi￿￿On$ and encourage
thern to submit applications to th8 Trust Al appticalions are pra￿r￿¥y o)rts*Jor&J by th8 Trustses but, du8 to
the Trusfs own limited means. not all a￿lCationS can be supported.
Grants for whth the￿ is a *al obligatsffi. (* a valKI eXp&t811c￿ of recapt by Ihe beneficaary al the year end.
and for which conditions 8ttachiTrJ lo th*r payment have been fulfilled. a￿ acc4)untetl for rn the year. The
Trust disdoses multi-year funding ￿MmElm8nts as (x>nb"ngent liabilities rf th8 grant agTr8m8nt indudes
specific condkn'ons that remain unmet at year end. leaving ILrture payments at the Trusfs discretion.
16-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Crltl¢al accourrtlng •¥tlmal•s and judg•m•nts
In the application of Ihe Trust's 8ccx)untlng ￿l￿e$, the Tnjstees a￿ required to make ]L￿geMents. estimatas
arKI assumplK)ns ab(xrt the carryiNd amount of assets and liabilib.es that are readily apparent from othgr
sourcEs. The estimates and asswated assumptKJns a￿ based on historical èxperferth and other factCffS that
are o)Jnsidered to be relevant. Actual m8iJlts may dtffer from thes6 6stimatss.
The estimates and underfyiThJ 8ssumpbons are revtewed on an ongoing b85is. Revisions to ac£ounting
o$1imates are r8(XYdniqArt in the pèri￿ in which tho estimatc kn rcvised where the revision alr￿LS. vnly that
period. or in the of the reth an¢ futurn whwe the revision affscts both currcnt ond futu
periods.
Income from Invostmnts
UnTe¥trlcted Unre8trlct•d
lund5
funds
2025
2024
Rental income
Inc(xne from listed Investsi)
Interest rKoivablg
98.215
220,347
11,116
75,500
228,767
13,719
329.678
317.986
Expendltur• on ralslng funds
Unr•strlct•d Unrgstrlct
funds
funds
2025
2024
lfivestment
ex
nses
Propety overhaads aftd manag8mant
Support costs
13,698
7.472
13,427
7.507
21,170
20,934
Invesbiwnt management fees
35.491
36,506
Total costs
56.661
57,440
Property overhead• and management
Rapairs and maintanar
Legal 8NJ professional
Insuran
2,874
8,460
1.358
2,703
13,698
13,427
17-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Exp•ndllur• on charltablo acilvttl
Charltsblo
actlvttkns
Charitable
adivities
2025
2024
Dlrect costs
Depreciation
Miswons day
2.687
3.153
2.741
3.153
Grdnl funding of actsvilies (see note 6)
831.IXKI
Shar8 of support govom•nu Costs noto n
Support
Govemance
75.W2
11.971
67.523
21.027
540.604
922.703
Analy81s by fund
Unrestrtcted funds- genwal
922,703
Grnnts payabl•
Chorltsblg
¢tivltl*s
2025
Charitable
aclivities
2024
Grants to instE￿￿On$.
Association El ￿larerO
International Negds
Wycliffe Bible Translators
Innovists Internatt(xwI
Sat-7 UK
Youthscape
Faf(h in lfjds
Other grants betsveen £15.0￿) and £20.C
Other grants betsyeen £10,0(M) and £14.999
Other grdnts be￿88n £5.CQO and £9.999
Other grants between £3,￿0 and £4.999
Other grants not exceeding £2,999
25.0(MJ
20,000
20.OC#J
25.000
10,000
25.000
70,000
30,000
40.000
10.¢)00
10.000
15,CU)
220.OCK)
85.oc
7S.000
362,OC
110,OIXI
li
17.oc
4.0
12,500
11.500
450.oc
831.000
Grdnts to institutions wresenl payments made in the year to 54 organisatsons12024.' 72 organisationsl.
18-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Support ¢osts all￿ated to actlvltl•#
2025
2024
67,246
2.056
67,566
2.347
192
703
140
92
Computer expenses
Repairs and renewaLs
Telgcommunications
Printrng and postage
Travel 6xpenses
Sundry 8xp8nses
1.370
2,388
2,237
19.442
21.027
95.335
96,057
Anal Sed
Fundraising
Charilat￿e athitles
7,472
87,863
7.507
88.550
95,335
96.057
2025
2024
Stsff costs
Audit fees
Accountanry
Trustee meelirs o)sts
Travel expenses
7.472
6,804
3.096
1,357
713
7.507
6.480
3,0
1.571
2,469
19,442
21,027
Oth•r •xpndltyr•
Unrnstricted Unrn8tricted
funds
funds
2025
2024
EMploYn￿nI 8llowant* repayable
13,960
19-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Net movement in funds
2025
2024
The n8t rr￿Vem￿nI In funds Statgd aftgr chaTgiWlcr•Jibng)."
Foes Payab￿ lo the charW$ audltr.
- for the audit of the chanty's financial statem
- for other financial semces
Depreaation ofowned propety. ￿rrt and ￿UlPrY￿t
6,480
3.000
3.096
10 Trustws
Trustee (CEO and key management) Melanie Churchyard r8ceNed a salary of £63.15312024.. £64.3781 and
employer p8nsion rxjntributions of £3,158 12024: £3.066) during the year. The ￿al authority for these
payments is found in a piovision in the Memorandum and Arbdes of Asswation of the Trust. Non-eontlicted
trustees sel arnj review remunerat￿.
The Trustees had total expendrture of £2.59512024: £4.040) reimtHJr*J or m81 by the c*arlty for meetlng,
travel and other exFenditure.
None of the other Twstees (or any persons conneLtsJ wilh Ihem) f￿Ned any remuneration or benefits from
the TnJst duriThJ the year.
11
Employ￿*
Th8 avorage monthty number of empktryees durirvj the year was:
2025
Number
2024
Number
Administr8tlon
Employment costs
2025
2024
Wages and sat8ries
Soaal security costs
Other penslon cosis
63,1S3
8,407
3.158
64,378
7.629
3.066
74,718
75,073
The number ofempbyees ￿0￿8 annual was more than £60,(X)O 18 as foltm:
2025
Number
2024
Number
£60.01￿ to £69.999

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
12 Galns and tosms on Investrn•nts
Unrnstrlct•d Unrnstrlct
funds
funds
d•8lgnat•d dKlgnat•d
2025
2024
Gainsllk>ss85) arising on..
Revaluab"on ol inveslmonts
sa￿ ot investmgnls
451,948
{64.117)
267,696
23,481
387.831
291,177
13 TaxatSon
charity K8 exempt from la¥ation on its actswtw because all its income is a￿led for charitable purFWS.
14 Propoty, ptsn¢ and oqulpment
ttlnu$ and
oqulpmetrt
At 1 January 2025
Aldlb"ons
DiSP￿lS
4,361
650
11.125)
At 31 D￿ember 2025
Depreclation and Impalrment
At 1 January 2025
Depreciation charged in the year
Eliminated in restecl of disposals
4,361
{1.1251
At 31 Decomber 2025
3.290
Carrylng amount
At 31 D￿rnt￿r 2025
21

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
15 Invostmwrt prop8rty
2025
Falr value
Al 1 January 2025
Addl￿OnS through exlemal acqUisttl(￿*
1.033,5
67T.752
At 31 t)ecomber 202S
1.711,252
17 Maple R¢)ad, EasttrN)ume, BN23 6W. is *fjthin Invesknxnl prowhes al fair Val￿ £925.(th. The last
professional valuation was in March 2023 rarried out ty Mr Anton G K Bree FRICS of Bree Prenlon PToperty
Consultants, Eastboume. Th8 Trustees a￿ of the opinion ts fw value has not materially d￿nged at 31
December 2025.
The WoodpeckeTr property was acquired by the Trust C￿ 4 April 2025 for £5s0.¢X￿. Assocrdled purthase
completion costs arKI £125,CN)O of renovation works las discussed within note 25) have been included swthin
the addition cost. The Trustees ￿ carried out a year end intemal valuation and, tsking into accx)unt the
rcha%e ¢Jate and the ongoing nature of the refurbiSh￿￿￿t. are of Ihe wnion th8t thè acrJJmu1at￿ cx)st of
£677.752 reflects the fair value of the partly renovatèd property al Ihè balafi￿ sheet date. Folbwing the
pr8CDcal ts)mpletion of the renovation V•t)rk5. Ihe Tnjstees intend lo (x)mmis&on an indynderrt wofessional
valuatson lo det8miine the propervs upxJ8ted fair value.
In addiion to the freehdd property hekj. there are 3 parcels of barg land and a trAock of garage5 lin￿￿ to one
of the freehold interests with a totsl disclosed value £103,500. These were transfefrgj lo the Charity when It
wa5 incorporated in 2015 ￿ the acling solicitor placing nom￿al valuations on them. The Tru81ees believe
there ha5 been no material change to the fairvalue as at the baL7nce sheet date.
The historlcal o)st of the proFert*s as at 31 D8￿mber 2025 was £1,419.75212024: £742.CW).
16 FIX￿ a3Bet investThnts
Llslod
Imi•stmgnts
Co81 or valuatlon
Al 1 January 2025
Addition5
Valuation changes
Disposals
7.402.582
2,102,964
451,949
{2.849.6021
At 31 Dec£mber 2025
7,107,873
Carylng arnount
At 31 December 2025
7,107,873
At 31 December 2024
7.402,562

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
17 Mlxod mollve Irw•slm•rts
At 1 January 2025
Inlcrcsl
Repayments
97.192
4.728
{10.$23)
At 31 Docemtw 2025
91,397
Mixed rTr)tive investments ￿presents a loan m*Je to another charity wth similar objects, specifically In
fijrtherance of the Christian GO$￿1. The knan entered into dufing 2012 is repayab￿ over 25 years with an
annual interest rate of 5%. The loan 15 a basic financAal instrument and the trust has applied the treatment
required by FRS102 SORP. Initial￿ recDJnisiro ar¥J measuring the loan at the amount paid, with the carying
amount adjusted in subsequent Yea￿ to refiect repayments and any accrued interest and adjusted rf
n0ce55ary for any impaimenL
In order to 8e(yJr8 th8 loan the charity has a (*arg8 ovw Fwrty own8d by the k)8n hddars.
18 Trade and oth•r receivables
2025
2024
Amounts falling dua wlthSn on? yo¥.
Traje re￿Va￿e5
Prepayments and a(twwl in¢¢yne
18,088
16,004
25.204
3,347
34.092
28.551
19 Contingent asset
Chrfds CharitatAe Trust rk9S 8 regi8tered of £70,Cth over a part*1 of land ￿￿ated to the west side of
Southdown Road, Seaford. E8St Sussex. The larnl is ￿gIstered in the name of Simmons Contractor5 Limited
(Reg. No. 16952451. a C￿npar￿ which Y￿1 into hquNJatiDn in 1989 arKI has been removed from the
Companies Hol￿ Register.
Reco¥erability of this dgbt Ès urKertain. Th oharity has tsken Iggal advre and Counsd's opinion on thi8
m8tter lo estsblish legal position. 11 is understOCMY that in the futur8, OWne￿h1p of the land plus the property
¢at8d on the land will revert to the cfown Iwjt that th8 original h)an swn of £70.000. whith is secured by the
tharge over tho land. will be repayable to the charity.
Oue to the cIrc￿rI&s1anrnS surTrMJrKIKy this hjan whK* is wbiect to urKxiain fiJbJre events. the Charity's
interest in this land has not teen recognis&J in these financial statemerts.
20 Current IlabllEtI•$
2025
2024
Other pay8bles
Accruals 8fKI deferred inccxr
3,825
19.180
37.181
18,213
23.005
55,394
-23-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
21 Retlr•rn•nt bonefft schomes
2025
2024
Dofined contrlbutlon sch•mg8
Charge to profft or bss in of defined c£*ntributK>n sch
3.158
The Trust operates a defined ￿￿tri￿￿jti￿ pension stheme ￿ 811 qu81ifying 0mr4oy￿$. Tho assets (rf the
sch8m8 ar8 held separataty from tW crf the Trust in an independènty administ8r8d fund.
Flnandal commilments
The Trust has made (x)mmitmerts to fund the fonowng oryJani5ations for up Io 8 further tsvo years. These
have not been charged in the a￿￿Unts Sin￿ they S￿ subject to the grnnl reapients satisf8Ctority meoting
their reporting wuiiements for futrjre fuTh1irKJ to b& rnl&as&J. These grnnts wlll bg pakl from current
resorvgs and fulure income.
2026
2027
Totsl
St Michael & AJI Angels
Trinity Church Lond
Festive
10,000
10,000
15.000
10,000
10,000
30,000
15.OCMJ
15.0(MJ
50.000
Prevlous y•ar
2025
2026
2027
Total
Faith In Kids
Association El Alfarwo
YMCA Norfolk
St m￿hael & All Angels
Trinity Church London
Festive
10.OCKJ
25.(KX)
10.000
25,000
5.000
20.000
20,OIXI
30.000
10.C
10.(KN)
10,000
10,C#XI
15.OLKI
15.¢
15,000
110,000
-24-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
23 Unr•8trlctsd funds. dHlgnal
These are unrestricted funds which are material to the Tru￿$ ac*vtt*g.
At 1 January
2025
Transfers
Galns and
At31
2025
Fixed Asset Inveslmenl FuTrJ
8.533.254
110.563}
387,831
8,910.522
Prnvlous year.
At 1 January
2024
Transfo
Galns and
At31
lomos D￿ember
2024
Flxed Asset Investment Fu￿j
7.556.758
685.319
291.177
8.533,254
The fixed assot investrnenl fund represerbts rnonies invested for tho I￿ temi to gfrnerate In￿Me for the
charty to enable to cary OLrt rts aCti¥￿e5.
24 Analys1* of n•t b•twin fvnds
UnrnBtrictad Unrgstrictgd
funds
funds
ggneral d•$lgnatod
2025
2025
Total
2025
At 31 DKomber 2025:
Propety, plant and eqUipn￿nI
Investment properties
Investments
Mixed nN)tive investmerts
Currenl as$c￿(lI0tsi￿tie51
596
1,711.252
7,107,873
91.397
1.711.252
7.107,873
91.397
148.287
148.287
148,883
8.910.522
9,059,405
-25-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
24 Anafy$l$ of net assots botwwTr funds (Contlnu•d)
Total
funds
genernl dmlgnated
2024
2024
2024
At 31 DK•mb•r 2024:
Investment proForlies
Investments
Mixed Moti￿ investments
Current a5sètsI(liabilibes)
1.033,500
7.402,562
97,192
1.033.5(I)
7,402,562
97.192
405,907
405.907
405.907
.533.254
8.939.161
25 Capltal commltm•nt•
Amounts contracted for trmjt not rKovided in the ffin￿81 ststements:
2025
2024
Renovation e4Jmmilment
45,000
In ufflneclion wtth the a￿ul$￿0￿ and subsequent lease of the Wo¢*Jpeckws property during the pericmy, the
Trust entered Into a fvndirtg agreement ¥wth the less&. Imay) Dei. to finance essential renovation and
refurbishment works. The Trust initialty CLNnmitted to 8 maxlmum bl￿ of £150.tY)O, which was incxeased to
£170.000 befo￿ the year end due to unforeseen costs. and was subsequently increased again to a tolal
project cost of £2(K),000 foliowing a kxist y8ar end agreemenl as detsiled in note 27.
During the firtanaal y8ar. works to tho value of £125,0(Kl w8te completed and disbursed to Imago Dei. The
remaining commitrnent of £75,IXJO was fvlly drawn dcpwn upon completion of the final construction phases in
2026.

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
26 Operallng ha8• c¢mmltsn•nts
Lessor
The Ope￿ng leases repras8nt ￿85 to third parttes in irw6Stn￿ wowties. Tho ￿SeS ar8 negotiated
over temis of 10 years and rentals are fixed for 5 years. AJI thes indude a provision for upward rent reviews
aCCOfding to prevailing markot corKlibons. Thcre ore Opt￿n3 in place for either party io extend th8 lease terms.
At the rgporb'ng end date the Tr￿t had ccrf)tract8d y￿th tenants for the following minimum lease paY￿nts.
2025
2024
Wrthln one year
Be￿een tsyo and five years
117.OJO
352,167
82,000
280,167
469.167
362.167
27 Events after tho rnportlng dale
During the financial year, the Trust eniered into a lease agreemenl wtth the ￿g[stered thartty Imago Dei for
thA tenancy of the Woc*Jpethers pnyrty, whith was tjuring the txjrnenl peri(xl. Under th8 lem)s of
the lease, the lenanl was responsible lor arrarying major renovations required lo bring Ihe pro￿ty up lo
habitable standards and CoM￿Y with wulatory requirements. with the TrLtst contractually committing to fvnd
these works up to a maximum budget of £150.IYK). Before the ypar end. it was agrned to fvnd an addtbonal
£20,000 ol reTr)Vati￿ w(Yks due to unforeseen costs.
Subsequent to thg balanc8 sh88t dat8. th8 Trust approved a further capital commitrnent of £30,OtKI to covor
additional fenovation costs. This brings the total aTrJ final approv&J funding commitment for the projecl to
£200.000. as fvrthgr delaI￿d in tha Capitsl Commitments ￿te 25.
28 Relat￿ party tr•nuctlons
There were no dithable related paty transadK)ns duriTrJ ts y88r (2024 - non81. 0th8r than the truslg9
remufterat￿n and expense disdosures set out in note 10.
Anatysi8 of changes In n•t fund•
The Tn￿1 t￿￿ no materlal d8bt durfng the year.
-27-

CHILDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
30 C88h g•n•rated from op•ratlans
2025
2024
Surpluslldeffiut) for the year
120.244
1384.940}
Adjustrnents for.
Investment income recognised in statement of financial actsvit
Lossllgainl on disrrf)sal of investments
Fair valy8 gains and losses on invesknents
Depreciation arKI Impalm￿nt of property. pSanl ￿ &wipm8nt
(329,678)
64.117
(451.948)
1317.986)
123.4811
1267.696)
Movements in worktng ¢apitsl:
De￿aSe In mixed motive investments
Ilncroaseydecrease in trade and other receNables
IDecreas8yinwsfy in tradè and othar payables
IDem8e) in deferr&l income
5,795
15.541)
(32.3￿1)
5.513
28.226
26.337
15.000)
Cash absort>ed by op•rntlons
(629,347)
1939,027)
31 Non4udlt ¥oNl￿* provld•d by audllor
In common with many businesses of fxjr size and nature we uso our aLKlitor to assist wth tha preparation of
the financial statements.