CHAFiTERED ACCOUNTANTS JAMtI S AND ADA ROBB CHARITY (ft ¢Othpany lInted by gulrallteo) REPORT AX4D trINANCIAL STATEMENTS FOR THE YEAR EI NDRD S APIIIL 2025 tered Cbarlty Nu: IIS7777 Compatty No: 09085734 Shorta Cutler Ljmited Chartered Accountants Grove FaJTn Bunyaltjw Llncomb Stourptirt gn Sevem WDrcettershire DY13 9RB T 01299 250348 E shonaQ5honacutler.com Shona eutler Umlmd r•g14t•rèd I EMIBnd arndW41os No iw17207. RÈglstded olflro sfyjna Cutlar 55¢ IH¢n$l F£A TEP CHARTEREO ACCOVNTAF4T CHAKtERED 4ccoiirirhAY
JAMES AND ADA ROBB CHARITY TRUSTK, IiKPORT NCL[JD]NC DRcTORSl REPORT) The Trustees (who are 8180 Dlr00tor8 for the purpose of COn&Y law) present Iheb Report and aooounts for the yeat ended 5 April 2025, The accounty have been prepared in aGoordanoe wit& the accounting polici08 set out In note I to the a¢¢ounts and ¢omply with the ClwiW8 governing dmell the Companies Act 20D6 and'Aooountll]8 And Ropoiting by chille.. StE4temant o£Recommended PraOti appjicoble to ohLdtles pparllng their accounts in &¢cord&ncc with the Flnanoial Reporting Standard appllc&ble in the UK arAd Republic of Trelaad, (FRS 102) (effectlve l January 2019) Reference and AdmlDlstratlon Trnste¢8 C7910p¢r Jolm GllpW. Chairman S&ot]aMary Cutl¢r- (IEtired 8th May 2025) Nicholas Petar Carl Jone8 John Roger Lloyd Williams Datiiel Willlam Tre8i8tte- (appoirÈted 18th April 2025) All acted tbrousbout the year with the exGeption of Daniel Tre8igne Reglytered Offl¢e 'ove Farm Bungalow Lincon Stourport oll Sevem worce5th]rc DY13 9RB Advlwrs AooouThtsn16 Shona Cucler Iimlted Grove F&rni B&loW Utt¢omb, Stovrport on Severn Worce8tershiie DY13 9RB Bat)kern Lloyds Bank Plo PO BOA IA Cobnore Row Birmillghoill B3 3AD PiYJFrty Ageats 17y3he 30 Harf)orne Road Edgba&ton Birniingham B15 3AA Indop¢od0nt Examiner N SiwlatLg FCA Slmkins AssoGiat08 Itts Fanll Maln Road Haywood Sknffordshlr¢ ST18 (yfF
THIJAMES ADAROBB CIIARITY RUSTIESI llKpoRT (INCLUDING DIRECTORSI REPORT) (c(mtInidj Advtsers (¢ontInued) Solicitor8 DWF IJ One Snowh211 Snow Hill QueBll8W8y Bilmingham, B4 6GA Investment Manager8 Rathbone8 The Colmore Buildin& 20 ColLnore Circu8, BITlA8. B4 6AT Structure, Governaiice and Management The Charity18 a uompany limited by gu4rHlltee end ha8 no sbaff capital, The charitable ¢othpany was Inco4x)rated on 13 June 2014 and18 goYorn?d by its Trn81 Deed and its Memorandum and Article8 of A8Bociation. The compally regiitration Thuthb is 09085734 alld tho Gharity regl8tration nurubBt is 1157777. The liability of each methbermay not exceed £1. The admini8tratioll of the ¢ompatty 18 e£fcGtrd by the Trnstees assumitig ttL¢ equivalent rolo of dtrcctura. POW to appoint new Tnjsteea v¢8ts with the extstang TnisteeA. New Tntee5 are thuwn from Colleagues and asyo¢iate8 of rxi8tin£ Tru8te*8 who have experlence relevant to the tiVitie of the Charity, No 8pecifi¢ iraitiing 18 con8ider¢d ne¢e88ary. All mattsr8 of poll¢y ar¢ detstmined by the Tw8tee8 who tllect annually and at such otlL¥r times ¢ircum&tsnop5 require. Rbk Man4gwll¢nt The Trustees keep undGr review tnoior strat¢gi¢ and operntion41 risk5 whitth the CILarity fac¢s and satlsfied that aysten hov¢ b¢¢n e8tablished in order to minine the pos&ible of£eots of su¢h ri&ks on the Charity. Objectlvey ld ActiYJtle8 Tho objeot of ibe Cknity is the relief osneed of perdolls resident or forraerly reiidont lu Blrmingham ftnd it8 surroundlng area by of youth, age, itl healt]4 disability or hard8hip through the pn)VlI)n of housiiig as50Glated amellities. In furtherance of the8e ObJets the Tntee8 OWL alMth0#S whialL Co18¢ of fourt¢¢ll SeleoUtlned bUSaI0W8 glthatcd in the Bartley Green area of BlmLlngham, Th¢ Tru8tee¥' policy is Lo provlde the l)Iglwt qu&&ty ommodatloll for the re81d6nts. The alm8hou8es are thanaged by pri)perty agents who orts 8up¢rvised by the Trn8teu. The Charity 18 reSoUttd by the weekly Colltsibutions from re8idents, Income from it]Vothont8 and from othor ¢harlt4bLe iry8titution8, The I'ru8tee8 WQL4(0108ely wlth local &Benci to fiud 8Uitable rdsldents wh¢n vacanoie8 ocour, The Charity is affiliated to The Aim8hoLW AB8ociation, The Thistee3 have i'eferr&a to the guldanco contsined in the Charity Cotillni88ion'8 general guidance on publi¢ benefit whert revlewinB the ClwlW6 aims and objectives and planning futuro activltie8. fn partkular, tho Tntee8 have con8idetcd how plat]ned aGtivities will oontribute to the aims d objec¢ive8 8eL
THE JAMES AND ADA ROB]J CHAJUTY TRUSTEES, REPORT ONCLUDING DIRECTORSI REPORT) (¢ontillucd) Aeliievemeiits, Performance and Fillandal Revlew All 14 bungalows were Cupied during the year with a short unocoupancy of 15 ROnleY Road was ernpty for th¢ period i ith October 2024_ 7th De¢emb¢r 2024. Tho TNst% financial Stat¢ents are s¢t out on pages 5 to 12, The Trn8tees consider the ¢ompany's financial position a8 disclosed by the fm4n¢ial statements to be adequate for fulfilling the obligations of the Charity. Reserves Pollcy B¢¢au8e ofthe possibAlity of sudden unexpect¢d &xpenditure on the properties the Thstees ¢ontinu¢ to ac¢umul8te tbe excess of annual Ancome over expenditure when it ari8¢8. Th¢ Major Repairs Reserve 18 a fund set a8ide to J)]eet 8u¢h costs. At 5 April 2025 Accumulated Tncome amowited to £269,759 (2024 £254,184) and the Major Repair8 Fund stood al £53,851 (2024 £53,851). Investment Policy The main ObJtiVe is to preserve th¢ Charity'8 fund8 in real ternts and to provide an income rethm. The Trustees have Unrestrict powers of investment and have appointed Investhient Managers on a disrr¢tionary basis Who report to tho Trustee8 at their meeting& Traditionally the Trn8tees' wlioy is to invest ift mediun) risk inv¢stments and the Trnstses consider that this policy reDMins appmpriate. Publlc Benefit The Trnstee8 hav¢ cotnplied with the duty in S¢otion 17 of the CharitiGS Act 2011 to have due re8ard to public benefit guidance pubtlsh¢d by the Charily Commi&8ion. Plllus for FUte Periods The Tru8tee8 plan to continue their tK)li¢y of nintaInIng the bungalows to the highest quality Accommodallon and when a property b¢¢omcs vacant to carry out sRgnifiGant refurbishment where necessary and modernisation where possibl¢, The Trust¢es plan to mak¢ filltlier grant applioations to appropriate charitable institutxons to assist them in fUndll thi$ pm¢¢ss, whilst Maxill$1ng their income from residellts, Contributions and investments. The accowits liave bcen prepar¢d in accordance with the provisions applicabl¢ to companies subject to the small MpanIeS, regime. The TNst¢¢s' Report has been appn)ved by ihe Board ofTrnstees on I g 05 &t>as C J Gupwell . Chaimjaa
THEI JAMES AND ADA ROBB CHARITY INDEPENDEI NT fi XAMINERIS RLPOkT TO THE TRUSTIIES OF THE JAMES AND ADA ROBB CHARITY I report to the Trustees on my examinatton of the finattcial 8tatemenl8 of Th¢ Jame8 & Ada Robb Cjjarity (Ihe Charity) for the year thd¢d 5 AprAI 2025. Re5ponsibllltles and basls of report As the Trustees of Ihe Charity (and also its d1ctorS for thc PllryKJses of company w} you aFe responsible for the preparation of the financial 8tatenients in a¢cordan¢e with the requirements of the Companies Act 2006 (the 2006 A¢t). Having sati8fAed myself that th¢ flnancial 8tatements of the Charity ar¢ not required to b¢ audited under Part 16 of the 2006 Act and are eligible for indep&ident exathinatioA, I report in respeot of my exatniftation of Ihe Charitvs fll]ancial statements Caled out under 8¢ction 145 of th¢ Charities A¢t 2011 (tbe 2011 Act). In carrying out my examination I tmve followed all the appIlble DtrtiOnS given by the Charity commi10 under section 145{5)(b) of the2011 AGt. Independellt li xamfiner's Statement I have Completed Jny examinotion. I confirjn that no matters hav¢ come to n attention in conneotion wi¢lJ the examination giving ine ce to believe that in any inaterial respect: l accountin8 records were not kept in resp¢¢t ot"th¢ ¢harity a8 required by seotion 386 of the 2006 Act, or 2 the fula[ statoments (lo not accord with those re¥ords' or 3 the fmancial statetnents do not comply with the accounting requirernonts of seGlion 396 of the 2CM)6 Act other than any requirement that the accounts giv¢ a tmc and fair view which is not a nwtt¢r Considered ag part of an ind¢pendent examination. or 4 the financial statements bave not been preparcd in accordance with tbe methods and principl of th¢ Statement of Rec4)mmended Practice for accountllig and reporting by charities appllctthle to charities preparing their awunts in ac¢ordance witb the Findficial Rewrting Standard applicable in the UK and Republic of Ir$land IFRS 102). The Truste¢s h&ve a33¢d that the curreot and futur¢ fthncial poBition doe5 not Impact upon the assumptions that the charity is a going eonoem. I have no concerns and have c4Jme acro&s oo other matters in connection witb the examillation to which attention should k drnwn ill this rewrt in order to enable a proper understanding of the fJnan¢ial statements to b¢ reached. N SlmklAS FCA Sirnkin8 AO¢lateS Bults Farni Main Road Great Hydywood Staffordsbire ST18 OTF
TI JAIIffjS AND ADA ROBB CHARrrY STATEMENT OF iYfNANCIAL ACTXVXTtKs INCLUDJNG DICOML ATr4D EXPLNDITUIIE ACCOUNT for tIL& yekr ended S Aprll 2025 2025 Total 2024 TotAI Income Capital Tncomlng re8ources Charltable aotiv&tig Residents, cotttributjons Illv¢8tment incom¢ Dividend and Intorest payrnonts Tnterest reKeived 60,3DS 60,305 58,560 8,730 142 8,730 142 6,568 255 Total Ineomlng 0re0$ 69,L7Y 69,177 65,383 Resources expended Invostment nwjagement c(xst8 Psxtfojio thanagement 2,605 2,605 2,522 Charitsble aotivilie8 Property expens¢8 Christh1&6 gifi8 to re4idents 41,886 2830 41,886 2,330 33,876 2,474 46,821 46,821 38.872 Support rosts Adtnillistration 2,209 2209 1,863 C¢¥t of Charitable aotlvlti¢8 49,030 49,030 40,735 Clovernoll¢O Acoountaney TJ]dependent examitieV8 fee 1,500 1,500 1,500 1,500 1,500 1,425 Total re8oui.ees txpellded 52,030 52,030 43,660 Net Incoming resources for the yeftr 17,147 17,147 21,723 Re¢oglll$od gAlllS and Oo¢8) Illve81rlleLts Realiscd Unr¢alised (Nots 4) (1209) (363) {1,209) (363) (339) 11971 Not movement In fund8 15575 15,575 33,355 Balanc¢8 at 6 Aprll 2024 308,035 1,840,546 2,148,581 2,115.226 Balances at 5 April 2025 323,610 1,840,546 2,164,156 £2,148,581 Th¢ statement of [nanCi &otivities in¢lud&8 all gains Iow¢8 recognimed in the yoAr. All Ill18 alld oxpenditLwe deriv&8 froth fjontilluillgactivitie& The state¥t of financial aotivities 8180 C4)pIl¢S with the requir¢ment8 for att income and vxpvnd11u aGGount ulld¢r the Cotllpanle8 Act 2006.
THE JAMES AN]) ADA ROBB CIIARITY BALANCE SHLKT 5 April 2025 Nntes 2025 2024 Flxed As5etS Freehold Propety Inve8tm¢nt8 1.820,000 318596 1,820,000 313,786 2,138,596 2,133,786 Current A&s¢ts Debtors Bank Balanc&8 3,281 28.379 4.775 16.346 31,660 21.121 Credltors: amounts falllnR due withiti otto y¢at Sundry edItorS 6,100 6,326 Net Current Assets 25,560 14,795 Total Asyets less Cllrrent Liabilities £2.164,156 £2.148,581 Unrestrlcted fiunds Capital Fund 1,840,546 1,64Q 546 In¢om¢ Funds Major Repairs R&8¢rv¢ Ao¢utnulat¢d Income 53,851 269,759 53,851 254.184 £2.164,156 £2,148581 The company is ents'tled to th¢ exemptlon frorll the audit requiTetllellt ntaiti¢d in 8e¢tion 477 of the Companies Act 2006 for the year ended 5 April 2025. No m¢mlxr of the colnpatty has d¢posited a notice, pursuant to Seotion 476. requirin% ao audti of these accounts. Th¢ Trustees, responsibllitie8 for ensuring that the Charity keeps accounting records which comply with section 386 of the Act alld for preparing accounts which give a true and fair view oethe stste of affair8 of the company as at die end of the fmancial year and of ils incomirtg resOu¢S and application of rnourc¢s, including its incoxlle and expendilure, for the financial year ill accordance with the requirement8 of seotions 394 and 395 and which otherwise comply with the requirem¢nls of the Cott]pani¢$ A¢t 2006 relating to a¢counls, 80 far 88 appIlble to the Company, have been met, The accounts have been prepared in accordance with the pmvisions applicable to eompani&g subject to the small companies, regime. The acwunts on pag¢8 5 to 12 were approved by the Trust¢eg on Ig . alld signed Oll their b¢half by. C J (bJpwell- Chainna
THE JAIWI]LS ATrID ADA ROBB CHARflY NOTES TO THL F)NANCIAL STATELVILI NTS for tlie yer ended 5 Aprll 2025 l. Accounthig Pol£cle$ Charlty InforJnRtlon The James & Ada Robb Charity i8 a private company limitsd by 8uarant¢e Incory)tfdted In England aud Wales. The regi8tered office is Grove Bungalow, Linoomb, Stoittporl ¢)n Severn, Wor¢estsr8hire, DY13 9RB, (a) A¢countlng ¢oiiYentlon These ALYount8 have been preparod in oocordanoB wlth the 'A¢oouttting and Reporting by ChAtte0. Stst¢ment of Reconunellded Practice 8ppli¢able to haritie8 pirparing theIr aGGQUtttattl8 in &¢¢ordattGo wlth the Finajjcial Reportlng Sttmd4td app]i¢able iti the TJK and R¢publi¥ oEIr#lattd' (FRS102) (effective l Jatllwy 2019) CompanieB Aot 2006 and (lenerally Accepted Acoounling Practice. Thts chlty 1$ a PubliG Benefit Entity as deflltedbyFRSIO2, Tho 84ccounts are prepared in 8terling, which Is the fimation QUenCY ofthe CharAty. hlonetary atnounts ill these filAtrIal statetnents ore round to the nearoBt £. Tho ao¢ourtts hAve b¢en prcparGd Luthr the h18tori1 c08t convontioJ, odified to Include the maluatioll of fy¢¢hold prop¥xtie8 io Incl{ iuv¢stllL¢nt propeTtig5 and cert&in rM8CIal instsymonts at fak'value. The pria¢1p accouftting polioie& adopted uro 8Ft Dut below, (b) FId8 Unrestrlcted fLmd8 are available for ug0 at the discr¢tion of the Tntee8 In £wbetance of the general obiectiyes of Ihe Charity. ign4ted funds aro ¢tsos¢ fuiid8 whioli Rre UJJTestrieted in nature which have been lSted by the Tnle?$ to ba u8ed In a particular RB&tiirtgd fid8 are funds which are to be iised ill aocordance wjth plfIG $trIctL0n8 imposed by dollof8 or which have be1 raised by the Charity for particular pu08¢S, The Cost of raising and ada]ini8tering such fiind8 are chorged agai1 the 8p¢oifi¢ fLll. Tbe Charity ha8 llo qtrioted fullds. (c) tncome recognldon AIL Incoththg re40urce8 8ro itwluded in the Statsment of Financial Activitie8 (SOFA) when the Charity Is leglY entitlfyl to the Anoome after nny pertonllanre condition8 havo been n]et, tho ount can be measured teltably Alld it is probable tbat the Incom¢ will be received. Income from Charitablg activities include8 residents, contribulions for thsir OCGUP&tion of th¢ Charlty's BalDw8 and 18 illvknded when it beoome8 due ort a w&Y bL818.
TE JAMICS AND ADA ROBII C&IARITY NOTKS TO THL FINCIAL sTATEllENTs fDr the year ended 5 Aprll 2025 (continued) (e) Incom¢ re¢osMition (continued) Investment income 18 eailled tbrougli holding a88ets for illVQ5tmgntpurpose8 yuch as 8t0¢ and share& It irtcludeB dividellds and interest papnents. it Is not practicable to id¢¥lltify invesltllent nn0emeL ¢ost8 iELourr¢d within a 8ch6mo with reaBonable Rccuraoy tho itivestment ILcom¢ i8 reported net of these COBts, It Is inoludod when the amount oan be me&suttd reliably. fllt&rest income 18 recognised using the effoetlve interest rnethod and (Uvldend in¢ome 18 reoogn16¢d as the Charity'g right to receiv¢ payment ie g8tabJith(L (d) Ilxpendituro recognltlon All expendiJJrn 18 a¢)Unted for on an aooroal8 basi8 und has becn Gla&sified under the heading8 tbat agwgate all Costs relatsd l(J tEe category. Expen(lltut 18 IeKogniscd where tbere is &16g'al or ¢)OngtntiVe obtig&tion to make payments to thlrd partle8, it Is pmbable that gettlement will be requlrÉd alld the lloUnt of the obligati()n ¢an be reliably. It is categorised uttder thB following beading8,' - Bxp¢ndlture on charltAble a0t1viti Inca&s the upkeop of ahn8Aou8o8 and benefits for re8idenl8 w¢ll as adttdni8tratsve costs. - Other expettdithre repre8Cllt8 th08e iten)8 not falling mto the c&tegorieJ above, Irretsov¢r&bJe VAT 18 charged a8 att exp against the avtivity for wbic the expendityre ar08e. (o) GovernCe costs a0v¢ne w8ts include those oosts associated with meeting thg conBtitsl'iollal and statutory ryulre¢nts of the Charity and inttludo iDdep¢Trdent ¢xaw4natlon fees and costs Ilnked lo tbe 8tratsgic management of the Charity. (fj WiK¢d nssets Pur¢ha8¢8 of land arLd buildittgs ¢aPitali8¢d at cost. A58ets donatad to the trust or acquired at le their current Vlle ¢&pithli8¢4 at the ¢urtcnt value at tl]e date of ocquisition. The Charity own8 foiwte4n solf-contained bungAlow& Th¢ bungalows were valued in Ianuary 2022 by Dsan Taylor MRICS at £1,820,000 and are Included kn the fllLancifjI sttrt¢ments at thi8 fair value. Tho inar¢a8p in marketvalue arisittg fTOrn the rovaluatlon was £620,000. (g) JMV¢&tmgJJts Investmonls are reoognised itiiti&]fy at f&ir v4lue whtoh18 nornially the transactlon pri¢0 in¢luding tron8aotion co8Ls. Sub8¢(iuentlythey are easured ht. fair value witb chan8¢8 recogttued In'ngt Wdin81(losse8) lttvestftllents, ll) the SOFA i£the are publa¢ly tradvd or th¢ir fair value can otherwi80 be Jn¢asured reliably. Other inve8tments are Mllrea it Cost le58 i]npairmenL
ThE JAIIfftS AND ADA ROBB CIIABJTY NOTJI8 TO mi FINANCIAL STATIMLNTS for tho ygmr ended S April 202$ (%) Inyestmellt8 (continued} Cuttont &88et inve8tm6n18 are 8hort tem] hxghly Ilqiiid inve8tmeThts are held at lair value. Th¢&è InalLe ¢ath on deposlt and cash ¢quivalenty wjth matutity of le85 than one year. (h) Debtor8 and credltoi's recelvablelpayhble Ivlthln Olle year Debtors and editOrn with tto slatsd IJAterest rate and receiv4bl¥ or payabl within one yeAr are iycorded at tran8acdon PriOB, Any losse ariBing fror llllpaxrjjwnt recogni8ed in expendiLtr. (l) Tax Tho Chthty ia exernpt charity within the meanlng of Sohedule 3 of the CharAtio8 A¢t 2011 attd oonsidered to pa8s the tssts set out in ParAgA7ph I Schedule 6 Finaneo Act 2010 aad th¢r¢fore meet8 the defrtiti of a charity for UK corpoiBtion for tsx (J) Colng concern A8 atApril 2025, the Charity had an lllvesthigntportfolio with a arkUt vu0 of £311,951, A8 at 5 Apiil 2024 the market value of the Inve6tnient portfolio wa8 £297,607. The finatt¢ial statements hav¢ bll par1 on a going concurn bo818 the Tn1¢¢6 believe thatno mut¢r£ un¢ertaintio8 ¢XiSt. ThB Tnthas h&ve consÉd¢Ted the level o'Ffund8 held and thc expectsd level of inwme and expendith for 12 month& frojn authori8ins *he4e fman¢ial sthtsJneLts, The bigetsa thcome alld expenditure is 8ufficlent with th6 lovelof r¢8crv¢s for the Charlty to be able to rontlllue as a going voncem. 2. Irustoos, Remwierntion rlnd K4)en8 and Related Party Transactlons No remunerntion or ¢xpen8es were paid ¢x payub10 in re8pe¢t of the ye out of the fidS of the CIMrity either directFy or indirectly tr) any Trn8Eeo or to ny P¢tson or per80ns Icllown to be Collted wlth them exwt as 8tstedbelow. Mrs S.M. cut1, a Trnsto¢ 8¢rved until hgrrgtirement on 8 May 2025, 18 director oEShona cull. Lirnited to whom £3,564 wik8 p&id for admilli8tiation and accounlancy SBrvice8 prnvided to the Trn8t¢e8. I,J. Gupwell, tho wife of ono ofthe Trustees, wa8 paid £145 £or secrEtwi 6ervi¢es disbur8ements. 3. fmployees There were tto full orpart time employee8 durAng tbe year.
THE JAms AND ADAROBB CllAIUTY NOTKS TO THEFINANCIAL STATLMENTS the yeRr ended 5 Aprll 2025 (CO1ttAnu) 4. Inve8tr(Aonl8 2D25 2024 Co8t At 6 April 2024 A¢qulsltlonB Di8p08al8 259,213 21,787 (7,080> 217,348 52,049 (10,184) At 5 AprAI 2025 273,920 259213 Surplus on rev81uatlon At 6 AprAL 2024 (Decrease) I Increase during the year 38,394 (363) 26,423 11,971 At 5 April 2025 38,031 38,394 Market Value At 5 April 2025 £311,951 £297,607 Investmellty at Market Value comprlsed: Fixed interest UK Equities & fimds Over8ga5 Equitie8 & fund8 temativo ProptY fund 71.763 66,653 130,374 33,876 9285 70,953 67,142 120.067 30,997 8,448 311,951 6,645 unillted ca8h 297,607 16.179 £318,596 £313,786 At 5 April 2025 the uharty held tILe following illvestroent8 indAvidually Iwr¢8eJiting ill exce88 of 5% of the totsl valug of tho portfo]io: Market Vallle Cost Artemi8 Income Fuad E 14,782 IllOOn unlts 5.32 13,722 16,973 HNY Mellon Newton GlobJl Inoome Fund 11,107 U lucome unlt8 7.05 12,238 22,454 Fil UK GlobalDlvidend Fund 9,41K) W Income units 7.60 17931 24,211 Lind8ell Train UK Equity Fuikd 5,775 InGom¢ units 6.10 17,747 19,433 Yindtsy AllnC£M ICAV I IQ l ill¢omo unit8 5.54 16,516 17,635 10-
JAMIIS AND ADA ROBB CIIARITY NOTES YO THE FINi¥flCTAL STATEMENTS (conlinucd) For tlie year 8nded 5 Aprll 2025 4. Investmtnts (cotititiu¢d) The fair value of listed iJvestmBlltS AS determined by reference lo thc quoted prloe £or id8nticol as86ts in an aotivo Jnarket &t the balall¢ theet date. All iavcytments are carrled at their fair value. Investments ill Iquitie8 and &x¢d intsre8t secwities are all trF4ded in quoteAI publio marl<¢t4 priryLarily tho London Stook BxGhang& Holdings in ¢omtn(Fn inve4tn]ent funé8, unit kn8ts and opell-ended inv¢8tment companies arn a¢ tbe bid pricg, The basls of fair valu¢ for quoted inve8tmentg As ¢quivent to the market value, u81llg tbe bid prlco. Asset 88ie8 and pUra8¢ are reoogntsod 8t the dttts of tr&de at C08t (that 18 thejr trangaction value). Tkn rnain risk to the Charity from fmancial instnunents li28 In thg cottbination of uftccrt4in invesiment rnarkets and voljtiliiy in yield. The Clwlty 18 IK)t reliant on thidond yield to fmattce its work Liquidity risk is antlGlpated to be low as all assets llto traded. Tho Charity08 investsDent8 are malnly traded ill markets with good Ilquidity and hig trading volumw. The Charlty ha8 no matsrial inve8tmellt holding8 In nwket8 8ubjeot to gxoh&llEe contro18 or trading r¢slrl¥tiOllS. The Charity Mag&S these tnve8tsllent rl8k8 by retainiiig expsrt advi60t8 and operating au lllV¢8tm¢n¢policy thatprovAde8 for d hLEh degre of dlver8tft¢ation o£holding8 within inv08tsllent ckg8es that are quoted on recognised 8to¢k eKch&nge8. The Chartty doe8 Ilot Jnth use of derhratives and Bimilar complex fmallci ify8ttunL¢nts as It tal0 the view that joves1Cnts &re hokl £or their lon8¢r tettll yield total r¢tum historic SI][el ofqllotrd fJnan¢ial instrLllllents have shown thai volatilltyiti aty partioular 5 year perAod will nornthlly be corrected, 5. Dobtors 2025 2024 Illsurance pid in advatx¢o Re8idettt8' ntilUtion5 id Accrued Illtot 1.356 1,925 1,326 3.331 118 3281 4,775 6. Llabilities: Amount8 fa]Illlg due wlthln on6 year 2025 2024 Sholla Cutler tAmlted J.J. Gupwell Simkin8 A88ociate8 Sevem Trent Fund8 owed to Agent 2,000 1,350 1,350 1,400 2,000 1,350 1,350 1,116 510 £6,100 6.326 11
TUL JAMES AND ADA ROBB CIIARITY NOTfi S YO TllE FINANCIAL STATEI (continued) For the ye&i' ended 5 Api'll 2025 7. Movements Ill Funds Cllpital IlIaJor AecumulAted Fund RepatsT Irteome At 6 Aprll 2024 1,840,546 53,851 254,184 2,148.581 Not movoment in funds for the yw (PVdBe 5} 15.575 15,575 At 5 Aprll 2025 1,840,546 53,851 £269,759 2,164,156 8. Analy8l8 of As$eti between Fund8 CApitthl MAJor Accnmulated Fund Repalrs Inoome Total At 5 Aprll 2025 Freehold propertle8 L18ted Invosttuents Utiinv&st¢d ea8]x B8mlc D?btOfO 1,820,000 20,546 1,820,000 311,951 6,645 28,379 3,281 53,851 237,554 6,645 28,379 3,281 1,840,546 53,851 275,859 2,170,256 Le88 Creditors (6,100) (6,IIM)) 1,840,546 £53,851 269,759 2,164,156 At 5 Aprll 2024 Freehold propertie Llsted imreBhnonts Uninve8ted cash Bank balall8 Debto 1,820,000 20,546 1,820,0fy) 297,607 16,179 16,346 4.775 53,851 223.210 16.179 16,346 4,775 1,840,546 53,851 260.510 2,154,907 Less Creditora (6,326) (6,326) 1,840,546 £53,851 254,184 2,148,581 12-