Registered Charity Number 1157258 THE ANDREE GRiorrERAY WHITE CHARITABLE TRUST Trustees. Report and Financial Statements For the year ended 5 April 2025
THE ANDREE GRiorrERAYWHITE CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2025 The Trustees are pleased to present their annual Trustees, report t()gether with the financial statements of the charity for the year ending 5 April 2025. The financial statements are in accordance with the Statement of Recommended Practice: Accounling and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective, 1 January 2015} and the Charities Act 2011. Reference and administrative infonnation Name of charity THE ANDREE GRiorrERAY WHITE CHARITABLE TRUST Charity Registration Number 1157258 Address of the Principal Office of One Bartholomew Close. London. EC1A 7BL the Charity Trustees Francelle Andree Bradford Martin Major Bradford Linda Frances Jackson Solicitors Broadfield Law UK LLP One Bartholomew Close London. EC1A 7BL Structure Govemance and Management Governing document A deed dated 28 April 2014 established the Trust. There were no changes to the Trustees during the year end 5 April 2025. The Board are the key management of the Charity. Objectives and Activities The Trust was established in 2014 with general charitable objects and purposes. In the first instance the Trustees have determined in Andree Griotteray White's name primarily to fund research into any form of Alzheimer's disease or dementia and to provide support for those suffering from it. Achievements and Performance The Trust received income of £76,716 during the year {2024= £77,773). Charitable expenditure was £61,560 {2024- £1.7891. This sum includes grants made during the year tolalling £60,000.12024- No grants). 18835252.1
THE ANDREE GRiorrERAY WHITE CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2025 Financial Review As noted above the Trust received income of £76.716 (2024: £77.773) of which £37,000 were payments received from individuals {2024.' £50,000). Charitable Expenditure comprised grants of £60,000 (2024.. NIL). administration costs of £1,20012024.. £1.4281 and bank charges of £360 (2024.. £3611. The Trust received gift aid refunds of £12,500 in the year ended S April 2025 {2024 £1,508). Fund Raising Activities The Charity's income is generated from donations received, it does not undertake fundraising activities, it is nevertheless mindful of the code issued by the fundraising regulator. Reserves Policy The Trustees consider the level of reserves shown in the accounts adequate with a view to making additional distributions in future years. The Unrestricted Fund balance of £120,141 on 5 April 2025 (2024= £104,985) will be available for distribution. which the Trustees can consider in future years. Trustee Recruitment, Induction, and Training Trustees. appointments are detailed in clause 4 of the Trust Deed. The first three Trustees are those mentioned above. Francelle Andree Bradford is appointed for life, but the other Trustees are entitled to hold office for a period of three years. At the trustee meeting on 28 February 2023, Martin Major Bradford and Linda Frances Jackson were re-appointed for a fijrther three year period. Clauses 4.4 and 4.5 state that future Trustees must be appointed by resolution of the Trustees for a period of three years. although a competent retiring Trustee may be re-appointed at the end of their three year term of office. It is anticipated that the continuing Trustees would be responsible for the induction and training of new Trustees. New Trustees are provided with copies of the Charity's d(umentS and meet with continuing Trustees in order to gain an understsnding of the Charity- Public Benefit The Trustees confirm that they have had due regard to the Charity Commission's guidance on public benefit. Risk Management The Trustees have considered all material risks facing the charity and confirm that procedures are in place to mitigate exposure to those risks. 18B35252.1
THE ANDREE GRiorrERAY WHITE CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2025 Going Concern The Trustees are of the opinion that the charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties regarding the Trust's ability to do so. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparrng 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 & Walesrequires 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 the incoming resources and application of resources of the charity 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 prinaples in the Charities SORP. Make judgements and estimates that are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures disdosed and explained in the financial statements; Prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial slalements 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. The Trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by the charity- Mrs Francelle Bradford - Trustee Date 18B35252.1
THE ANDREE GRiorrERAY WHITE CHARITABLE TRUST REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES IN RESPECT OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 I report to the trustees on my examination of the accounts of the Andree Griotteray White Caritsble Trust for the year ended 5 April 2025 which are sel out on pages 5 to 8. Responsibilities and basis of report As the charity Iruslees of the Trust you are responsible for the preparation 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 all the applicable Directions given by the Charity Commission under section 14515) (bl of the Act. Independent examiner's statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any malerial respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act" or the accounts do not accord wth those records" or the accounts do not comply wth the applicable requirements conceming the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with Ihe examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Cindy Chaplin TEP ACIB One Bartholomew Close London EC1A 7BL Date..
THE ANDREE GRiorrERAY WHITE CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES For the year ended 5 April 2025 Unrestricted Fund 2025 Unrestricted Fund 2024 Notes Income and Endowments: Donations received 62,000 75,000 Gift Aid - refunds 12,500 1,508 Interest 2,216 1,265 Total income 76.716 77,773 Expenditure on: Charilable Expenditu 61,560 1,789 Total expenditure 61,560 1,789 Net movement in funds 15,156 75,984 Reconciliation of funds: Balances brought forward at 6 April 2024 104,985 29,001 Balance carried forward at S April 2025 120,141 104,985 The notes on pages 7 and 8 fonn part of the financial ststements.
THE ANDREE GRiorrERAY WHITE CHARITABLE TRUST BALANCE SHEET at 5 April 2025 Notes 2025 2024 Current Asset Cash at Bank 120,141 104,985 Deduct Creditor Total Assets 120,141 104,985 Represented by: Unrestricted Income Fund - page 5 120,141 104,985 The notes on pages 7 and 8 form part of the financial statements. Approved and signed on behalf of the trustees- Trustee Date
THE ANDREE GRiorrERAY WHITE CHARITABLE TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS For the year ended 5 April 2025 1. PRINCIPAL ACCOUNTING POLICIES The following accounting policies have been applied consiStenY in dealing with items which are considered material in relation to the Trusvs financial statements. General The financial statements have been prepared under the historical cost convention, with the exception that investments are shown at market value as at the balance sheet date and are in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective, 1 January 2015) and the Charities Act 2011. The Charity constitutes a public benefit entity as defined by FRS 102. Having assessed the Charitys financial position and plans for the forseeable future, the Trustees are satisfied that it remains appropriate to prepare the financial statemenls on a going concern basis. Income Income from donations is recorded when reiVed (including refundable tax). Charitable Expenditure Charitable expenditure is accounted for when paid or due to be paid. Grants totslling £60.000 were made in the period covered by these accounts 12024= £NIL). Al administration costs are charitable expenditure, called Support Costs in these accounts. Fund Accounting There is only one fund, being the Unrestricted Income Fund. this is used for the general advancement of the Charitys objectives. 2. FUNDS RECEIVED 2025 2024 Receipts on which no gift aid was claimed Payments that qualify for gift aid" Gift aid refund on donations (2023124) Deposit interest 25,000 37.000 12.500 2,216 25,000 50,000 1,508 1,265 76,716 77,773 'refundable tax of £9.250 is payable for Gift Aid payments for the year ending 5 April 2025.
THE ANDREE GRiorrERAY WHITE CHARITABLE TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS For the year ended 5 April 2025 3. CHARITABLE EXPENDITURE 2025 2024 Grants made in year- all to institutions Support costs - Broadfield Law UK LLP Bank charges 60,000 1,200 1,428 360 361 61,560 1,789 4. CASH 2025 2,024 C Hoare & Co 120.141 104,985 120,141 104,985 5. INFORMATION REGARDING TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS The Charity has no employees (2024.. none}. No Trustee received remuneration during the year and no expenses were reimbursed (2024= none). There were no related party transaction in the year (2024: none).