CHARITY REGISTRATION NUIIIBER: 1157036 The Chalcot Foundation Unaudited Financial Statements 5 April 2025 Camburgh House 27 New Dover Road Canterbury Kent CT13DN The Chalcot Foundation Financial Statements Year ended 5 Aprll 2025 Page Trustees, annual report Statement of financial activities Statement of financial position Statement of cash flows Notes to the financial statements The Chalcot Foundation Trustees, Annual Report Year ended 5 April 2025 The trustees present their report and the unaudited financial statements of the charity for the year ended 5 April 2025. Reference and administratlve detalls Reglstered charity name The Chalcot Foundation Charity reglstration number 1157036 Prlnclpal offlce Burgess Hodgson 27 New Dover Road Canterbury CT13DN The trustees Mr C S Mindenhall Mrs L Legassick Mr S M Sutton Accountants Burgess Hodgson Limited Camburgh House 27 New Dover Road Canterbury Kent CT13DN structure, governance and management The Chalcot Foundation is a Charitable Incorporation Organisation. Our main governing document is out Constitution adopted on 21 March 2014. We are led by our Board of Trustees. New trustees are appointed by the Board of Trustees. In undertaking their work, the trustees will identify any potential risks to the public and beneficiaries, seek to minimise any risks that are identifies and ensure that these are no more than a minor consequence of carrying out the purpose of the charity. Objectives and activities The charity's objective and activity is to provide grants to individuals and organisations for the benefit of the public and other charities or voluntary bodies. The trustees have devised a grant making policy and use this policy to make decisions about whom to benefit from the charity. The policy will be reviewed on a regular basis. The public benefit requirement will be considered when setting the policy and when using the policy to make grants. The trustees confirm they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing The Chalcot Foundation's aims and objectives. The Chalcot Foundation Trustees, Annual Report (contlnuedj Year ended 5 Aprll 2025 Achlevements and performance The Foundalion made no donations in the year. Flnanclal revlew There was no income received and no donalions were made by the Foundation in ￿th the current and prior year, The net assets at the end of the year were £25 (2024: £25). The trustees will distribute the balance on the unrestricted fund of £25 (2024.. £25) in accordance with their grant making policy in the foreseeable future. The trustees, annual rewrt was approved on .............................. and signed on behalf of the board of trustees by: Mr S M Sutton Trustee The Chalcot Foundation Statement of Financial Activltles Year ended 5 April 2025 2025 Unrestricted funds Total funds Total funds 2024 Note Reconclllallon of funds Total funds brought forward Total funds carrled forward 25 25 25 25 25 25 The statement of financial activities includes all gains and losses recognised in Ihe year. All income and expendilure derive from conlinuing activities. The notes on pages 6 to g fomi part ol these tlnanclal Statements. The Chalcot Foundation Statement of Financlal Positlon 5 April 2025 2025 2024 Note Curreni assets Cash at bank and in hand 25 25 Nel current assets 25 25 Total assets less Current liabllltles 25 25 Funds of the charity Unrestricled funds 25 25 Total charlty funds 25 25 These financial statements were approved by the board of Irustees and authorised for issue on ..%4..A.:.IL3., and are signed on behalf of the board by: Mrsm Truslee Lrtt The notes on pages 6 to 9 lorm part ol these Ilnanclal statements. The Chalcot Foundation Statement of Cash Flows Year ended 5 April 2025 2025 2024 Net decrease In cash and cash equlvalenls Cash and cash equivalents at beginnlng of year Cash and cash equivalents at end of year 25 25 25 25 Thè notes on pages 6 to g torrn parl ol these Ilnanclal statsments. The Chalcot Foundation Notes to the Financial Statements Year ended 5 April 2025 General information The charity is a registered charily in England and Wales and is a Charitable Incorporated Organisation. The address of the principal office is Burgess Hodgson, 27 New Dover Road. Canterbury, CT13DN. Statement of compliance These financial stalemenls have been prepared in compliance with FRS 102, 'The Financial Reporting Slandard applicable in the UK and the Republic of Ireland,, Ihe 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 (FFIS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. Accounting pollcles Basis of preparation The financial slatements have been prepared on the hislorical cost basis, as modified by the revaluation of certain financial assets and liabilities and investmenl properties measured at fair value through income or expenditure. The financial statemenls are prepared in sterling, which is the functional currency of the entity. Going concern There are no malerial uncertainties about the charity's ability lo continue. Judgements and key sources of estlmation uncertainty The preparation of the financial slatemenls requires management to make judgements. estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of fulure events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of Ihe charity's purpos8S. Designated funds are unrestricled funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjecled lo restriclions on Iheir expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. The Chalcot Foundation Notes to the Flnancial Statements (continued) Year ended 5 April 2025 Accounling policies (continuedj Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charily., it is probable thal the economic benefils associated with the Iransaction will flow lo the charity and Ihe amounl can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement lo the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case Ihe value is derived from the cost to the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted sewice. This is classified as unreslricted funds unless there is a conlractual requiremenl for il to be spenl on a particular purpose and relurned if unspent, in which case it may be regarded as restricled. Resources expended Expenditure is recognised on an accruals basis as a liabilily is incurred. Expenditure includes any VAT which cannot be lully recovered, and is classified under headings of the statement ol financial activities to which il relates.. expenditure on raising funds includes the costs of all fundraising activities. events, non- charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefil of its beneficiaries. including those support costs and costs relaling io the governance of Ihe charity apportioned to charitable aclivilies. other expenditure includes all expenditure thal is neither related to raising funds for Ihe charity nor part ol its expenditure on charitable activilies. All costs are allocaled lo expenditure categories reflecting the use of Ihe resource. Direct cosls altributable to a single activity are allocaled directly to thal activily. Shared costs are apportioned belween Ihe aclivilies they conlribute lo on a reasonable, justifiable and consistent basis. The Chalcot Foundation Notes to the Financial Statements (contlnued) Year ended 5 April 2025 Accounllng pollcles (conllnued) Financlal Instrumenls Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements enlered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at Iransaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using ihe effective interest rale method, less impairment. It an arrangement constitutes a finance transaction it is measured at present value. Slaff costs The average number of persons employed by the charity during the year ended 5 April 2025, including the directors, amounted to nil12024 - nil). Trustee remunerallon and expenses There were no trustees, remuneration or other benefits for the year ended 5 April 2025 (2024 - no remuneration). None of the trustees received any expenses during the year ended 5 April 2025 12024 expenses). no Analysls of charitable funds Unreslrlcled funds At 6 Aprll 2024 and 5 Aprll 2025 General funds 25 At 6 April 2023 and 5 April 2024 General funds 25 The Chalcot Foundation Notes to the Financial Statements (continuod) Year ended 5 April 2025 Analysls of net assets between funds Unrestricted Total Funds Funds 2025 Current assets 25 25 Unrestricted Total Funds Funds 2024 Current assets 25 25 Analysls of changes In net debt At 6 Apr 2024 Cash flows At 5 Apr 2025 Cash at bank and in hand 25 25