## **Trustees’ Annual Report for the period**
**From 01 July 2024 Period start date To 30 June 2025 Period end date**
## **Charity name: MEDI TECH TRUST**
## **Charity registration number: 1157837**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the CIO are the relief of
sickness and the preservation and
protection of public health for the public
benefit.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|The provision of, and assistance in the
provision of:
Medical equipment for use in hospitals and
other community medical establishments;
Training courses dedicated to enabling
qualified medical staff to operate medical
equipment already provided, or to be
provided;
Lectures and fora devoted to advancing the
education of the community in health care.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit|Para 1.18|The Trustees comply with their duty to
have due regard to guidance published by
the Charity Commission, in order to further
its charitable purposes for the public
benefit.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|The long-term projected commitments
made by the charity have only permitted
the charity to distribute funds as grants to
two training programmes in Africa under
the supervision of UK surgeons.|
|Policy on social investment
including program related
investment|Para 1.38|Income is allocated for specific projects or
earmarked to purchase medical equipment.
An ongoing investment programme is in
place to safeguard the development of
longer term projects.|
|Contribution made by
volunteers|Para 1.38|The continuing contribution made by our
volunteers has been more than gratefully
appreciated.|
|Other||The Trustees have obtained the services of
several casual volunteers to assist with
their Medigive Initiative**.**|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|1] Our Recycling Initiative has been
extended to include items that could be
donated to UK based Baby Banks,
Foodbanks, Neo-Natal Clinics, training
colleges and other UK charities. Donations
include thousands of baby bottles, teats,
breast pads and creams as well as other
consumables; out of date medical supplies
for use in training situations, sensory lights
for special neds children.
2] Our charity sponsored the Kent, Surrey,
Sussex & South London Joint Regional
Urology Meeting in Eastbourne where
many Urologists lectured on improving
various operation techniques to benefit
patients’ welfare and recovery.
3]. Cancer Cold caps were donated to the
Eastbourne Hospital to help reduce hair
loss when patients undergo chemotherapy.
4] The trustees met the Minister of Health
and were able to explain the benefits of our
Recycling Initiative of unused medical
supplies.
5] Our small team of dedicated volunteers
processed thousands of items of medical
equipment and consumables, worth many
£millions. These were donated to hospitals
in low income countries and war zones.
6] Sea Container consignments were sent to
several African hospitals including those
based in Mauritania, Sierre Leone, Malawi,
Ethiopia, Tanzania
7] Our Recycling Initiative of unopened,
unused medical supplies has continued to
expand so fewer items are incinerated or
end up in landfill. This has also enabled our
charity to donate increased medical supplies
to local community groups,
8]. The second year of visits for our three
year programme in Malawi to successfully
continued to achieve its Uro-gynaecological
training projections.
9]. The three year training programme for
rural based non-practising anaesthetists.
in Tanzania has surpassed its second year
targets.|
**Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|All three main objectives were achieved
during this fiscal year.|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|By using a crowd funding campaign we met
that objective. Only one other fund raising
event was held during the past year due to|
|||our heavy involvement with our Medigive
Initiative|
|---|---|---|
|Investment performance
against objectives|Para 1.41|Our ongoing investment programme has
been continued as it has proven to be an
ideal method to safeguard the development
of long term projects|
|Other||A fuller account of our achievements for
this financial period can be read in our
detailed Trustees’Report|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|Despite
continued
expenditure
on
donations the charity has still maintained a
healthy overall financial position.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|A percentage of Reserves are held in an
interest bearing account allowing for easy
access so that equipment for donation can
be purchased without delay.
A larger proportion of the Reserves has
been invested on an income producing
basis to assist in the increased expenditure
incurred bythe charity.|
|Amount of reserves held|Para 1.22|Accessible Reserves: £ 135,579
Invested Reserves: £3,347,582|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|There were three sources of income:
Receipts
from
invested
Reserves.
Donations, each gratefully received,
especially when Gift Aided.
Crowd-fundraising and sport events|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Investment policies and objectives are
already covered under the charity’s policy
on Reserves|
|A description of the principal
risks facing the charity|Para 1.46|To protect against potential and unknown
risks, the charity has an insurance policy
that provides adequate cover for the
charity in respect of public liability and
Trustee indemnity.|
|Other||No funds are spent without full agreement
by the Trustees at a meeting convened for
that purpose.|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The existing Trustees are authorised to
approve and appoint new Trustees to our
small charity as and when circumstances
demand.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|Any person considered for a Trustee
appointment would be given a copy of a
Trustee’s role and responsibility [CC3] prior
to interview; be required to confirm a
willingness of acceptance; and upon
appointment, be provided with ongoing
hands-on training.|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|There are five Trustees, who carry out their
duties on a non-remuneration basis. All
policy decisions affecting the charity are
collectively agreed upon by the Trustees.|
|Relationship with any related
parties|Para 1.51|The charity does not have any relationship
with other parties.|
|Other|||
## **Reference and Administrative details**
|Charity name|MEDI TECH TRUST|
|---|---|
|Other name the charity uses|MTT|
|Registered charity number|1157837|
|Charity’s principal address|Unit 6 Swan Barn Business
Centre Swan Barn Road
Hailsham
BN27 2BY|
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year**|**Name of person (or**
**body) entitled to**
**appoint trustee (ifany)**|
|---|---|---|---|---|
||Graham Michael
WATSON|Co-Chairman
[also acts as CMO]|All year|The Trustees|
||Robert
LEWIS|Co-Chairman
[also acts as
Secretary/CEO]|All year|The Trustees|
||Jonathan Richard
PAYNE|Trustee|All year|The Trustees|
||Sandra Kathleen
LEWIS|Trustee|All year|The Trustees|
||Caroline Anne
WATSON|Trustee|All year|The Trustees|
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved
**Director name** N/A
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year **||
|---|---|---|
|N/A|||
||||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity N/A Name and objects of the charity on whose behalf the N/A assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation N/A of such assets from the charity’s own assets
## **Additional information (optional)**
**Names and addresses of advisers (Optional information)**
|Investment|Rathbones|8 Finsbury Circus, London, EC2M 7AZ|
|---|---|---|
||||
||||
||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
~~oo~~ N/A **Other optional information** Co-Chairman Robert Lewis continues to act as the Secretary and CEO on an unpaid basis, so saving the charity from employing staff. ~~Oo~~ **Declarations The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** ROBERT LEWIS **Position (eg Secretary,** Co-Chairman **Chair, etc)** ~~——_—~~ [Also acting as Secretary and CEO] **Date** 10 November 2025 ~~|~~
|Charity Name: Medi Tech Trust|Charity Name: Medi Tech Trust|CharityNo|1157837|1157837||
|---|---|---|---|---|---|
|||Company No|-|||
|Annual accounts for the period||||||
|Period start date|01/07/2024|**To**|Period end
date|30/06/2025||
## **Section A Statement of financial activities (including summary income and expenditure account)**
|Guidance Note
S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
Total funds brought forward
**_Net movement in funds_**
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax for**
**the reporting period**
Gains and losses on revaluation of fixed assets for the charity’s
own use
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Charitable activities
Investments
Other trading activities
Raising funds
Separate material item of income
Other
Other
Donations and legacies
Charitable activities
Separate material expense item|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Total funds**
**£**
F04
-|**Prior year**
**funds**
**£**
F05|
|---|---|---|---|---|---|
||12,265||-|12,265|40,166|
||15,639||-|15,639|-|
||||-|-|16,000|
||103,258||-|103,258|111,316|
|||-|-|-||
||-|-|-|-|-|
||131,162|-|-|131,162|167,482|
|||||||
|||-|-|-|-|
||287,151||-|287,151|283,259|
|||||-|-|
||-|-|-|-|-|
||287,151|-|-|287,151|283,259|
|||||||
||155,989
-|-|-|155,989
-|115,777
-|
||-|-|-|-|-|
||155,989
-|-|-|155,989
-|115,777
-|
||88,403|-|-|88,403|233,315|
||67,586
-|-|-|67,586
-|117,538|
||-|-|-|-||
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||67,586
-|-|-|67,586
-|117,538|
|||||||
||3,550,747|-|-|3,550,747|3,433,209|
||3,483,161|-|-|3,483,161|3,550,747|
Charity No 1157837 Company No -
Medi Tech Trust
|**Section B**
**Balance sheet**|**Section B**
**Balance sheet**|**Section B**
**Balance sheet**|**Section B**
**Balance sheet**|**Section B**
**Balance sheet**||
|---|---|---|---|---|---|
|Guidance Note
**Fixed assets**
**Intangible assets**
**(Note 15)**
B01
**Tangible assets**
**(Note 14)**
B02
**Heritage assets**
**(Note 16)**
B03
**Investments**
**(Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks**
**(Note 18)**
B06
**Debtors**
**(Note 19)**
B07
**Investments**
**(Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within**
**one year (Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after**
**one year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**01/07/2024**
**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
**£**
**£**
F01
F02
F03
F04||||**30/06/2024**
**£**
F05|
||-|-|-|-|-|
||144,410|-|-|144,410|157,068|
||-|-|-|-|-|
||-|-|-|-|-|
||144,410|-|-|144,410|157,068|
|||||||
|||-|-|-|-|
||12,399|-|-|12,399|9,899|
||3,219,191|-|-|3,219,191|3,230,787|
||135,579|-|-|135,579|167,723|
||3,367,169|-|-|3,367,169|3,408,409|
|||||||
||28,418|-|-|28,418|14,730|
|||||||
||3,338,751|-|-|3,338,751|3,393,679|
|||||||
||3,483,161|-|**-**|3,483,161|3,550,747|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||3,483,161|-|-|3,483,161|3,550,747|
|||||||
||-|||-|-|
|||-||-|-|
||3,483,161||-|3,483,161|3,550,747|
|||||-||
|||||||
||3,483,161|-|-|3,483,161|3,550,747|
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_
_**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
|Signed by one or two trustees/directors on behalf of all the
trustees/directors|Print Name|Date of
approval
dd/mm/yyyy|
|---|---|---|
||Robert Lewis (Trustee)|10Nov2025|
||||
CC17a (Excel)
06/11/2025
2
**----- Start of picture text -----**
Section C Notes to the accounts
**----- End of picture text -----**
Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
|An explanation a
the conclusion th
concern;
The accounts pr
note { }.
Disclosure of an
going concern as
Where accounts
concern basis, pl
together with the
prepared the acc
charity is not reg
**1.3 Change of**|s to those
at the cha
esent a tru
y uncertai
sumption
are not pr
ease disc
basis on
ounts and
arded as a
**account**|factors that support
rity is a going
e and fair view and
nties that make the
doubtful;
epared on a going
lose this fact
which the trustees
the reason why the
going concern.
**ing policy**|
**_not applicable_**|
**_not applicable_**|
|---|---|---|---|---|
||||**_not applicable_**||
||||**_not applicable_**
||
||||no changes have been made to the accounting policies adopted in||
|Yes*
No*
**_Please disclose_**|✓|* -Tick as appropriat|e||
||||||
||**_:_**||||
|**_(i) the nature of_**|**_the chan_**|**_ge in accounting p_**|**_olicy;_**|**N/A**|
|**_(ii) the reasons_**
**_provides more r_**
**_and_**|**_why appl_**
**_eliable a_**|**_ying the new acco_**
**_nd more relevant in_**|**_unting policy_**
**_formation;_**|**N/A**|
|**_(iii) the amount_**
**_in the current p_**
**_the aggregate a_**
**_periods before_**|**_of the adj_**
**_eriod, eac_**
**_mount of_**
**_those pre_**|**_ustment for each l_**
**_h prior period pre_**
**_the adjustment rel_**
**_sented, 3.44 FRS1_**|**_ine affected_**
**_sented and_**
**_ating to_**
**_02 SORP._**|**N/A**|
|**1.4 Changes t**
No changes to a|**o accoun**
ccounting|**ting estimates**
estimates have occ|urred in the reporting period (3.46 FRS102 SORP).||
|Yes*
No*|✓|* -Tick as appropriat|e||
||||||
|**_Please disclose_**|**_:_**||||
|**_(i) the nature of_**|**_any chan_**|**_ges;_**||**N/A**|
|**_(ii) the effect of_**
**_assets and liabi_**|**_the chan_**
**_lities for t_**|**_ge on income and_**
**_he current period;_**|**_expense or_**
**_and_**|**N/A**|
|**_(iii) where pract_**
**_more future per_**|**_icable, th_**
**_iods._**|**_e effect of the cha_**|**_nge in one or_**|**N/A**|
|Nomaterialprior
**1.5 Material pri**|yearerro
**or year er**|r have been identifie
**rors**|dinthereporting period (3.47 FRS102SORP).||
|Yes*
No*
|✓
|* -Tick as appropriat|e||
||||||
|**_Please disclose_**|**_:_**||||
|**_(i) the nature of_**|**_the prior_**|**_period error;_**||**N/A**|
|**_(ii) for each prio_**
**_amount of the c_**
**_affected; and_**|**_r period_**
**_orrection_**|**_presented in the ac_**
**_for each account l_**|**_counts, the_**
**_ine item_**|**N/A**|
|**_(iii) the amount_**
**_earliest prior pe_**|**_of the co_**
**_riod pres_**|**_rrection at the begi_**
**_ented in the accou_**|**_nning of the_**
**_nts._**|**N/A**|
CC17a (Excel)
06/11/2025
3
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
**2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE Please provide a description of the nature of each change no changes to accounting policies - N/A in accounting policy** _**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_ **Start of End of period period £ £ Fund balances as previously stated** _**Adjustments:**_ **Fund balance as restated** _**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **End of £ Net income/(expenditure) as previously stated** _**Adjustments:**_ **Previous period net income/(expenditure) as restated**
CC17a (Excel)
06/11/2025
4
**Section C Notes to the accounts (cont)**
**Note 2 Accounting policies 2.2 INCOME Recognition of income** These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- • it is more likely than not that the trustees will receive the resources; • the monetary value can be measured with sufficient reliability.
|Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.
**Contractual income and**
**performance related**
**grants**
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Support costs**
**Donated goods**
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the
fair value of those gifts at the time of their receipt and they are recognised on receipt. In
the reporting period in which the stocks are distributed, they are recognised as an expense
at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance sheet.
On its sale the value of stock is charged against 'Income from other trading activities' and
the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and
included in the SoFA as incoming resources when receivable.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The charity has incurred expenditure on support costs.
**Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in
**Donated services and**
**facilities**
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
**Offsetting**
**Grants and donations**
**Government grants**
The charity has received government grants in the reporting period
**Legacies**
**Tax reclaims on**
**donations and gifts**
Legacies are included in the SOFA when receipt is probable, that is, when there has been
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity
or have been met.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
• it is more likely than not that the trustees will receive the resources;
• the monetary value can be measured with sufficient reliability.
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.|Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
No*
N/a*|
|---|---|---|---|
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
|||✓||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
CC17 FRS 102 SORP
06/11/2025
5
**Volunteer help** the trustees’ annual report.
|**Grants with performance**
**conditions**
**2.4 ASSETS**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Support costs include central functions and have been allocated to activity cost categories
on a basis consistent with the use of resources, eg allocating property costs by floor areas,
or per capita, staff costs by the time spent and other costs by their usage.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
**Investment gains and**
**losses**
The charity has creditors which are measured at settlement amounts less any trade
discounts
These are capitalised if they can be used for more than one year, and cost at least
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Governance and support**
**costs**
**Creditors**
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Settlement of insurance**
**claims**
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
**Heritage assets**
**Volunteer help**
the trustees’ annual report.
They are valued at cost.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured
at the best estimate of the amount required to settle the obligation at the reporting date
**Basic financial**
**instruments**
**Tangible fixed assets for**
**use by charity**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Grants payable without**
**performance conditions**
The depreciation rates and methods used are disclosed in note 14.
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income
in the SoFA.
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**2.3 EXPENDITURE AND LIABILITIES**
The charity accounts for basic financial instruments on initial recognition as per paragraph
10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19,
FRS102 SORP.
They are valued at cost.
They are valued at cost.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody or
legal rights. The amortisation rates and methods used are disclosed in note 15.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
**Intangible fixed assets**|||✓|
|---|---|---|---|
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||✓|||
|||||
||£200|||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
|||✓||
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
|||✓||
||Yes*
No*
N/a*|||
||||✓|
CC17 FRS 102 SORP
06/11/2025
6
**Investments**
**Stocks and work in progress**
**Debtors**
**Current asset investments**
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
## **N/A**
|Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
No*
N/a*|
|---|---|---|
|✓|||
|Yes*
No*
N/a*|||
|✓|||
|Yes*
No*
N/a*|||
|✓|||
|Yes*
No*
N/a*|||
|✓|||
|Yes*
No*
N/a*|||
|||✓|
|Yes*
No*
N/a*|||
|✓|||
|Yes*
No*
N/a*|||
|✓|||
|Yes*
No*
N/a*|||
|✓|||
CC17 FRS 102 SORP
06/11/2025
7
**Section C Notes to the accounts (cont)**
## **Note 3 Income**
|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
Donations andgifts
24,157
-24,157 40,166
Gift Aid
4,247
- - 4,247
-
Legacies
- - - - -
General grants provided by government/other
charities
- - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donatedgoods,facilities and services
- - - - -
Other
- - -
**Total** 28,404
- - 28,404 40,166
Training fees
-500
- - -500 16,000
- - -
- - -
Other
- - -
**Total** - 500
- - -50016,000
- - - - -
- - - - -
- - - - -
Other
- - - - -
**Total**
- - - - -
Interest income
5,575
- -5,5757,090
Dividend and share income
97,683
- -97,683104,226
Rental and leasingincome
- - - - -
Other
- - - - -
**Total** 103,258
- - 103,258111,316
Sale ofproperty
- - -
- - - - -
- - - - -
- - - - -
**Total**
- - - - -
Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use
- - - - -
Gain on disposal of a programme related
investment
- - - - -
Royalties from the exploitation of intellectual
propertyrights
- - - - -
Other
- - - - -
**Total**
- - - - -
131,162
- - 131,162 167,482
**Other information:**
**Other:**
**Analysis of income**
**Donations**
**and legacies:**
**TOTAL INCOME**
**Charitable**
**activities:**
**Separate**
**material item**
**of income**
**Income from**
**investments:**
**Other trading**
**activities:**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|
|---|---|---|---|---|---|---|
||Donations andgifts|24,157||-|24,157|40,166|
||Gift Aid|4,247|-|-|4,247|-|
||Legacies|-|-|-|-|-|
||General grants provided by government/other
charities|-|-|-|-|-|
||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-||
||Donatedgoods,facilities and services|-|-|-|-|-|
||Other||-|-|-||
||**Total**|28,404|-|-|28,404|40,166|
||||||||
||Training fees|-500|-|-|-500|16,000|
||||-|-|-||
||||-|-|-||
||Other||-|-|-||
||**Total**|- 500|-|-|-500|16,000|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Interest income|5,575|-|-|5,575|7,090|
||Dividend and share income|97,683|-|-|97,683|104,226|
||Rental and leasingincome|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|103,258|-|-|103,258|111,316|
||||||||
||Sale ofproperty||-|-|-||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Conversion of endowment funds into income|-|-|-|-|-|
||Gain on disposal of a tangible fixed asset held
for charity's own use|-|-|-|-|-|
||Gain on disposal of a programme related
investment|-|-|-|-|-|
||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||131,162|-|-|131,162|167,482|
||||||||
|**All income in the prior year was unrestricted except for: (please**
**provide description and amounts)**||**N/A**|||||
|**Where any endowment fund is converted into income in the**
**reporting period, please give the reason for the conversion.**|||||||
|||**N/A**|||||
CC17a (Excel)
06/11/2025
8
**Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts) N/A Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up). N/A**
CC17a (Excel)
06/11/2025
9
CC17a (Excell
10
CW1112025
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
## **N/A**
||**N/A**|**N/A**|**N/A**|
|---|---|---|---|
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants that_**
**_have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**This year**
**Last year**
**£**
**£**
**Description**|||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||||
|||||
|||||
CC17a (Excel)
06/11/2025
11
**Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
|**Use of property**
**Other**
**Seconded staff**||**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||||
|**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**||||
|**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**
**Please give details of other forms of**
**other donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers.**||||
|||||
|||||
|||||
CC17a (Excel)
06/11/2025
12
CC17a (Excell
13
0611112025
**Section C Notes to the accounts (cont)**
## **Note 6 Expenditure**
|**Other**
**Expenditure on**
**charitable**
**activities**
**Expenditure on**
**raising funds:**
**Separate material**
**item of expense**|**Analysis of expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|
|---|---|---|---|---|---|---|
||Incurred seeking donations|-|-|-|-|-|
||Incurred seeking legacies|-|-|-|-|-|
||Incurred seeking grants||||||
||Operating membership schemes and
social lotteries||||||
||Staging fundraising events||||||
||Fundraising agents||||||
||Operating charity shops||||||
||Operating a trading company
undertaking non-charitable trading
activity||||||
||Advertising, marketing, direct mail and
publicity|-|-|-|-|-|
||Start up costs incurred in generating new
source of future income|-
|-|-|-|-|
||Database development costs|-|-|-|-|-|
||Other trading activities||||||
||Investment management costs:|-|-|-|-||
||Portfolio management costs|-|-|-|-|-|
||Cost of obtaining investment advice
|-|-|-|-|-|
||Investment administration costs|-|-|-|-|-|
||Intellectual property licencing costs|-|-|-|-|-|
||Rent collection, property repairs and
maintenance charges|-|-|-|-|-|
|||-|-|-|-|-|
||**Total expenditure on raising funds**|-|-|-|-|-|
||||||||
||Purchase of equipment donated|50,423||-|50,423|113,983|
||Other operating costs|236,730||-|236,730|169,276|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total expenditure on charitable**
**activities**|287,153|-|-|287,153|283,259|
||||||||
|||-|-|-|-|-|
||Legal fees on sale of property||-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
CC17a (Excel)
06/11/2025
14
|**Total other expenditure**
**TOTAL EXPENDITURE**|**Total other expenditure**|-|-|-|-|-|
|---|---|---|---|---|---|---|
||||||||
|||287,153|-|-|287,153|283,259|
CC17a (Excel)
06/11/2025
15
## **Other information: N/A**
## **Analysis of expenditure on charitable activities**
|**Activity or**
**programme**|**Activities undertaken directly**|**Activities undertaken directly**|**Grant**
**funding**
**of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**_Total_**
**_prior year_**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|Activity 1
Activity 2|||||||
||||||||
|Other|||||||
|**Total**|||||||
||||||||
|**Prior year expenditure on charitable activities**
**can be analysed as follows:**|||||||
||||||||
|**Within the expenditure items above the**
**following items are material: (please disclose**
**the nature, amount and any prior year**
**amounts)**|||||||
||||||||
|**Where sums originally denominated in**
**foreign currency have been included in**
**expenditure, explain the basis on which**
**those sums have been translated into sterling**
**(or the currency in which the accounts are**
**drawn up).**|||||||
CC17a (Excel)
06/11/2025
16
## **Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items - N/A**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Total extraordinary ite**|**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
|||-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||||
|||-|-|
||**ms**|-|-|
CC17a (Excel)
06/11/2025
17
## **Section C Notes to the accounts**
## **Note 8 Funds received as agent - N/A**
## _**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
|||**Amount received**|**Amount received**|**Amountpaid out**|**Amountpaid out**|**Balance held atperiod end**|**Balance held atperiod end**|
|---|---|---|---|---|---|---|---|
|**Description/name of party**|**Related**
**party (Yes or**
**No)**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|**Total**||-|-|-|-|-|-|
## _**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please disclose details of any balances outstanding between any participating members.**_
|**Description/name of party**|**Balance held atperiod end**|**Balance held atperiod end**|
|---|---|---|
||**Thisyear**|**Lastyear**|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
|**Total**|-|-|
CC17a (Excel)
06/11/2025
18
## **Section C Notes to the accounts**
## **Note 9 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
|**Support cost**
**(examples)**|**Raising funds**
**£**|**Activity 1**
**£**|**Activity 2**
**£**|**Activity 3**
**£**|**Grand total**
**£**|**Basis of**
**allocation**|
|---|---|---|---|---|---|---|
|||||||**(Describe**
**method)**|
|Governance|-|-||-|-|100% costs|
||-|-||-|-||
||-|-||-|-||
||-|-||-|-||
|Other|-|-||-|-||
|**Total**|-|-||-|-||
**100% of the governance costs are attributable to** _**Please provide details of the accounting policy**_ **raising funds** _**adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
CC17a (Excel)
06/11/2025
19
## **Section C Notes to the accounts**
## **Note 10 Details of certain types of expenditure**
## **Note 10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
**Independent examiner’s fees Assurance services other than independent examination Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner**
|**This year**
**£**|**Last year**
**£**|
|---|---|
|1900|1710|
|0|0|
|0|0|
|0|0|
CC17a (Excel)
06/11/2025
20
## **Section C Notes to the accounts (cont)**
## **Note 11 Paid employees**
_**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_
## **11.1 Staff Costs -**
|**Salaries and wages**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution pension plan)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||90,801|22,295|
||8,096|2,107|
||1,185|54|
||-|-|
||100,082|24,456|
||||
||**N/A**||
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
**0**
|**Band**|**Number of employees**|
|---|---|
|**£60,000 to £69,999**|-|
|**£70,000 to £79,999**|-|
|**£80,000 to £89,999**|-|
|**£90,000 to £99,999**|-|
|**£100,000 to £109,999**|-|
|||
|||
|||
**Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28.**
|**The parts of the charity in which the**
**employees work**
**11.2 Average head count in the year**||**This year**
**Number**|**Last year**
**Number**|
|---|---|---|---|
||**Fundraising**|-|-|
||**Charitable Activities**|-|-|
||**Governance**|-|-|
||**Other**|4|1|
||**Total**|4|1|
**11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
|**The extent of redundancy funding at the**
**balance sheet date**
**The nature of the payment (cash, asset**
**etc.)**
**_Please complete if any redundancy or ter_**
**Please state the accounting policy for**
**any redundancy or termination**
**payments**
**Please explain the nature of the payment**
**11.4 Redundancy payments**
**Total amount of payment**
**Please state the legal authority or**
**reason for making the payment**
**Please state the amount of the payment**
**(or value of any waiver of a right to an**
**asset)**|**N/A**|
|---|---|
||**N/A**|
||**N/A**|
||**_mination payment is made in the period._**|
||**N/A**|
|||
||**N/A**|
|||
||**N/A**|
|||
||**N/A**|
CC17a (Excel)
06/11/2025
21
**Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
**----- Start of picture text -----**
Amount of contributions recognised in N/A
the SOFA as an expense
Please explain the basis for allocating N/A
the liability and expense of defined
contribution pension scheme between
activities and between restricted and
unrestricted funds.
**----- End of picture text -----**
_**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the N/A scheme is accounted for as a defined contribution plan, it is a defined benefit plan. N/A Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity**
## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**----- Start of picture text -----**
N/A
Describe the extent to which the charity
can be liable to the plan for other
entities' obligations under the terms and
conditions of the multi-employer plan
N/A
Explain how any liability arising from an
agreement with a multi-employer plan to
fund a deficit has been determined.
**----- End of picture text -----**
CC17a (Excel)
06/11/2025
22
CC17a (Excell
23
0611112025
## **Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **13.1 Analysis of grants paid (included in cost of charitable activities)**
|**Analysis**|**Grants to**
**institutions**|**Grants to**
**individuals**|**Support costs**|**Total**|
|---|---|---|---|---|
|Activityorproject 1|||**£**|**£**|
|Activity or project 2|||-|-|
|Activity or project 3|||-|-|
|Activity or project 4|||-|-|
|
**_Total_**|**-**|**-**|**-**|**-**|
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions - N/A**
|**_My charity has made grants to particular institutions that are material in the_**
**_context of its grantmaking. Details of the institution supported, purpose of_**
**_the grant and total paid to each institution is available on the charity's web_**
**_site._**|**_No_**|**_Please provide_**
**_details of charity's_**
**_URL._**|
|---|---|---|
|||**_Provide details_**
**_below_**|
|**Names of institution**|**Purpose**|**Total amount of**
**grantspaid £**|
|---|---|---|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|**_TOTAL GRANTS PAID_**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**||**-**|
|||-|
|||nil|
CC17a (Excel)
06/11/2025
24
## **Section C Notes to the accounts (cont)**
|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
At the beginning of
the year
132,400 18,119 54,352 204,871
Additions
1,934 1,934
Revaluations
- - - - -
Disposals
- - - -
Transfers *
- - - - -
At end of the year
- 132,400 18,119 56,286 206,805
****Basis**
SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
**** Rate**
4% SL
At beginning of the
year
7,293 755 39,756 47,804
Disposals
-
-
Depreciation
- 2,243 4,560 7,788 14,591
Impairment
- - - - -
Transfers*
- - - - -
At end of the year
- 9,536 5,315 47,544 62,396
Net book value at the
beginning of the year
- 125,107 17,364 14,596 157,068
Net book value at the
end of the year
- 122,863 12,804 8,742 144,410
**14.4 Impairment**
**_Please provide a description of the events and_**
**_circumstances that led to the recognition or_**
**_reversal of an impairment loss._**
**14.1 Cost or valuation**
**No impairement on any assets incurred**
**during the year**
**Note 14 Tangible fixed assets**
**_Please complete this note if the charity has any tangible fixed assets_**
**14.3 Net book value**
**14.2 Depreciation and impairments**|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
132,400 18,119 54,352 204,871
1,934 1,934
- - - - -
- - - -
- - - - -
- 132,400 18,119 56,286 206,805
**n**
**Tangible fixed assets**
**_note if the charity has any tangible fixed assets_**
**d impairments**|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
132,400 18,119 54,352 204,871
1,934 1,934
- - - - -
- - - -
- - - - -
- 132,400 18,119 56,286 206,805
**n**
**Tangible fixed assets**
**_note if the charity has any tangible fixed assets_**
**d impairments**|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
132,400 18,119 54,352 204,871
1,934 1,934
- - - - -
- - - -
- - - - -
- 132,400 18,119 56,286 206,805
**n**
**Tangible fixed assets**
**_note if the charity has any tangible fixed assets_**
**d impairments**|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
132,400 18,119 54,352 204,871
1,934 1,934
- - - - -
- - - -
- - - - -
- 132,400 18,119 56,286 206,805
**n**
**Tangible fixed assets**
**_note if the charity has any tangible fixed assets_**
**d impairments**|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
132,400 18,119 54,352 204,871
1,934 1,934
- - - - -
- - - -
- - - - -
- 132,400 18,119 56,286 206,805
**n**
**Tangible fixed assets**
**_note if the charity has any tangible fixed assets_**
**d impairments**|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
132,400 18,119 54,352 204,871
1,934 1,934
- - - - -
- - - -
- - - - -
- 132,400 18,119 56,286 206,805
**n**
**Tangible fixed assets**
**_note if the charity has any tangible fixed assets_**
**d impairments**|
|---|---|---|---|---|---|---|
||**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Total**
**£**||
|||132,400|18,119|54,352|204,871||
|||||1,934|1,934||
||-|-|-|-|-||
|||-|-|-|-||
||-|-|-|-|-||
||-|132,400|18,119|56,286|206,805||
||**d impairments**||||||
||SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|Straight
Line ("SL")
or Reducing
Balance
("RB")|
|||4% SL|||||
||||755 39,756 47,804
-
4,560 7,788 14,591
- - -
- - -
5,315 47,544 62,396
17,364 14,596 157,068
12,804 8,742 144,410
**No impairement on any assets incurred**
**during the year**||||
|||7,293|755|39,756|47,804||
||-||||-||
||-|2,243|4,560|7,788|14,591||
||-|-|-|-|-||
||-|-|-|-|-||
||-|9,536|5,315|47,544|62,396||
||||||||
||-|125,107|17,364|14,596|157,068||
||-|122,863|12,804|8,742|144,410||
||||**No impairement on any assets incurred**
**during the year**||||
**14.5 Revaluation** _**If an accounting policy of revaluation is adopted, please provide:**_ **not applicable** _**the effective date of the revaluation**_ **not applicable** _**the name of independent valuer, if applicable the methods applied and significant**_ **not applicable** _**assumptions the carrying amount that would have been**_ **not applicable** _**recognised had the assets been carried under the cost model.**_ **14.6 Other disclosures** _**(i) Please state the amount of borrowing costs,**_ **not applicable** _**if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual**_ **not applicable** _**commitments for the acquisition of tangible fixed assets. (iii) Details of the existence and carrying**_ **not applicable** _**amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.**_
- _The "transfers" row is for movements between fixed asset categories._
- _** Please indicate the method of depreciation by deleting the method not_
CC17a (Excel)
06/11/2025
25
## **Section C Notes to the accounts**
## **Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_ **15.1 Cost or valuation**
|**Project**
**development**
**costs**
**Patents and**
**trademarks**
**Other**
**Total**
**£**
**£**
**£**
**£**
At beginning of the
year
- - - -
Additions
- - - -
Disposals
- - - -
Revaluations
- - - -
Transfers *
- - - -
At end of the year
- - - -
****Method of**
**amortisation**
SL or RB
SL or RB
SL or RB
SL or RB
Straight Line
("SL") or
Reducing
Balance
("RB")
**** Rate**
At beginning of the
year
- - - -
Disposals
- - - -
Amortisation
- - - -
Impairment
- - - -
Transfers*
- - - -
At end of year
- - - -
Nat book value at the
beginning of the year
- - - -
Net book value at the
end of the year
- - - -
**15.3 Net book value**
**15.2 Amortisation and impairments**|**Project**
**development**
**costs**
**Patents and**
**trademarks**
**Other**
**Total**
**£**
**£**
**£**
**£**
At beginning of the
year
- - - -
Additions
- - - -
Disposals
- - - -
Revaluations
- - - -
Transfers *
- - - -
At end of the year
- - - -
****Method of**
**amortisation**
SL or RB
SL or RB
SL or RB
SL or RB
Straight Line
("SL") or
Reducing
Balance
("RB")
**** Rate**
At beginning of the
year
- - - -
Disposals
- - - -
Amortisation
- - - -
Impairment
- - - -
Transfers*
- - - -
At end of year
- - - -
Nat book value at the
beginning of the year
- - - -
Net book value at the
end of the year
- - - -
**15.3 Net book value**
**15.2 Amortisation and impairments**|**Project**
**development**
**costs**
**Patents and**
**trademarks**
**Other**
**Total**
**£**
**£**
**£**
**£**
At beginning of the
year
- - - -
Additions
- - - -
Disposals
- - - -
Revaluations
- - - -
Transfers *
- - - -
At end of the year
- - - -
****Method of**
**amortisation**
SL or RB
SL or RB
SL or RB
SL or RB
Straight Line
("SL") or
Reducing
Balance
("RB")
**** Rate**
At beginning of the
year
- - - -
Disposals
- - - -
Amortisation
- - - -
Impairment
- - - -
Transfers*
- - - -
At end of year
- - - -
Nat book value at the
beginning of the year
- - - -
Net book value at the
end of the year
- - - -
**15.3 Net book value**
**15.2 Amortisation and impairments**|**Project**
**development**
**costs**
**Patents and**
**trademarks**
**Other**
**Total**
**£**
**£**
**£**
**£**
At beginning of the
year
- - - -
Additions
- - - -
Disposals
- - - -
Revaluations
- - - -
Transfers *
- - - -
At end of the year
- - - -
****Method of**
**amortisation**
SL or RB
SL or RB
SL or RB
SL or RB
Straight Line
("SL") or
Reducing
Balance
("RB")
**** Rate**
At beginning of the
year
- - - -
Disposals
- - - -
Amortisation
- - - -
Impairment
- - - -
Transfers*
- - - -
At end of year
- - - -
Nat book value at the
beginning of the year
- - - -
Net book value at the
end of the year
- - - -
**15.3 Net book value**
**15.2 Amortisation and impairments**|**Project**
**development**
**costs**
**Patents and**
**trademarks**
**Other**
**Total**
**£**
**£**
**£**
**£**
At beginning of the
year
- - - -
Additions
- - - -
Disposals
- - - -
Revaluations
- - - -
Transfers *
- - - -
At end of the year
- - - -
****Method of**
**amortisation**
SL or RB
SL or RB
SL or RB
SL or RB
Straight Line
("SL") or
Reducing
Balance
("RB")
**** Rate**
At beginning of the
year
- - - -
Disposals
- - - -
Amortisation
- - - -
Impairment
- - - -
Transfers*
- - - -
At end of year
- - - -
Nat book value at the
beginning of the year
- - - -
Net book value at the
end of the year
- - - -
**15.3 Net book value**
**15.2 Amortisation and impairments**|**Project**
**development**
**costs**
**Patents and**
**trademarks**
**Other**
**Total**
**£**
**£**
**£**
**£**
At beginning of the
year
- - - -
Additions
- - - -
Disposals
- - - -
Revaluations
- - - -
Transfers *
- - - -
At end of the year
- - - -
****Method of**
**amortisation**
SL or RB
SL or RB
SL or RB
SL or RB
Straight Line
("SL") or
Reducing
Balance
("RB")
**** Rate**
At beginning of the
year
- - - -
Disposals
- - - -
Amortisation
- - - -
Impairment
- - - -
Transfers*
- - - -
At end of year
- - - -
Nat book value at the
beginning of the year
- - - -
Net book value at the
end of the year
- - - -
**15.3 Net book value**
**15.2 Amortisation and impairments**|
|---|---|---|---|---|---|
||
SL or RB|SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")|
|||||||
||- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -|||||
||-|-|-|-||
||-|-|-|-||
## **15.4 Accounting policy**
_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates Policies for the recognition of any capital development**_
## **15.5 Impairment**
CC17a (Excel)
06/11/2025
26
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
CC17a (Excel)
06/11/2025
27
## **15.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation**_ **N/A** _**the name of independent valuer, if applicable the methods applied the carrying amount that would have been recognised had the assets been carried under the cost model.**_
**15.7 Other disclosures** _**(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset. (ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities. (iii) Please provide the amount of contractual commitments for the acquisition of intangible assets. (iv) State the amount of research and development expenditure recognised as expenditure in the year. (v) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included. (vi) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.**_
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual d d i_
CC17a (Excel)
06/11/2025
28
## **Section C Notes to the accounts (cont)**
**Note 16 Heritage assets - N/A** _**Please complete this note if the charity has heritage assets**_
## **16.1 General disclosures for all charities holding heritage assets**
- **(i) Explain the nature and scale of heritage assets held.**
**(ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.**
## **16.2 Cost or valuation**
|At beginning of the year
Additions
Disposals
Revaluations
Transfers *
At end of the year|**Heritage asset**
**1**
**£**|
**Heritage asset**
**2**
**£**|
**Heritage asset**
**3**
**£**|
**Heritage asset**
**4**
**£**|
**Total**
**£**|
|---|---|---|---|---|---|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
## **16.3 Depreciation and impairments**
|****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of year
Nat book value at the beginning of the
year
Net book value at the end of the year
**16.4 Net book value**|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance|
|---|---|---|---|---|---|---|
||||||||
||- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -||||||
||-|-|-|-|-||
||-|-|-|-|-||
## **16.5 Impairment**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **16.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation**_
_**the name of independent valuer, if applicable qualifications of independent valuer**_
_**the methods applied and significant assumptions**_
CC17a (Excel)
06/11/2025
29
## _**any significant limitations on the valuation**_
## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation**
|Carrying amount at the beginning of the period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period|**At valuation**
**Group A**
**£**|**At cost Group**
**B**
**£**|**Total**
**£**|
|---|---|---|---|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
## **16.8 Heritage assets (where heritage assets are not recognised on the balance sheet)**
**(i) Explain the reason why heritage assets have not been recognised on the balance sheet. (ii) Describe the significance and nature of heritage assets.**
- **(iii) Disclose information that is helpful in assessing the value of heritage assets. (iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.**
## **16.9 Five year summary of heritage assets transactions**
||**2015**|**2014**|**2013**|**2012**|**2011**|
|---|---|---|---|---|---|
|**Purchases**
Group A
Group B
Group C
Other
**Donations**
Group A
Group B
Group C
Other
**Total additions**
**Charge for impairment**
Group A
Group B
Group C
Other
**Total charge for impairment**
**Disposals**
Group A - carrying amount
Group B - carrying amount
Group C
Other
**Total disposals**|**£**|**£**|**£**|**£**|**£**|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|||||
||-|||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
CC17a (Excel)
06/11/2025
30
## **Section C Notes to the accounts (cont)**
## **Note 17 Investment assets**
_**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
|Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Less: impairments**
**Add: Reversal of impairments**
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation
Carrying (fair) value at end of year|**Cash & cash**
**equivalents**|
**Listed**
**investments**|**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**|
|---|---|---|---|---|---|---|
||-|3,230,787||-|-|-|
||-|-||-|-|-|
||-|||-|-|-|
||-|||-|-|-|
||-||-|-|-|-|
||-|-|-|-|-|-|
||-|- 11,596|-|-|-|-|
||-|3,219,191|-|-|-|-|
***Please specify additions resulting from acquisitions through business combinations, if any.**
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowledgeable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.**
|**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**Social investments**
**Listed investments**
**Other investments**
**Grand total (Fair value at year end+Cost less impairment)**
**Total**|||
|---|---|---|
||**Fair value at year end**|**Cost less impairment**|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||||
## **17.3 If your charity holds investment properties, please complete the following note:**
|**(iii) Provide details of any restrictions on the ability**
**to realise investment property or on the remittance**
**of income or disposal proceeds**
**(i) Explain the methods and significant**
**assumptions in determining the fair value of**
**investment property held by the charity**
**(ii) Name or independent valuer, if applicable, and**
**relevant qualifications**
**(iv) Explain any contractual obligations for the**
**purchase, construction or development of**
**investment property or for repairs, maintenance or**
**enhancements**|Fair value during the year based on the amount paid during that
year of acquisition|
|---|---|
|||
|||
|||
**17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.**
|**Analysis of current asset**
**investments**|**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
CC17a (Excel)
06/11/2025
31
- - **Cash or cash equivalents** - - **Listed investments** 3,230,787 - **Investment properties** - - **Social investments** - - **Other investments** 3,230,787 - **Total**
**17.5 Guarantees Please provide details and amount of any guarantee made to or on behalf of a third party**
none
none
**Name of the entity or entities benefitting from those guarantees Please explain how the guarantee furthers the charity's aims**
not applicable
## **17.6 Concessionary loans**
|**Where a charity or its subsidiary has provided**
**financial assets as a form of security, the carrying**
**amount of the financial asset pledged as security**
**and the terms and conditions relating to its pledge.**
**Amount of concessionary loans received****_(Multiple_**
**_loans received may be disclosed in aggregate_**
**_provided that such aggregation does not obscure_**
**_significant information)._**
**Amounts receivable after more than 1 year**
**Please provide information about the significance**
**of investments to the charity's financial position or**
**performance eg. terms and conditions of loans or**
**the use of hedging to manage financial risk.**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
**17.7 Additional information**
**Amounts receivable within 1 year**
**Value of any concessionary loans which have been**
**committed but not taken up at the reporting date**
**Amounts payable within 1 year**
**Amounts payable after more than 1 year**
**Terms and conditions eg interest rate, security**
**provided**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obscure significant_**
**_information_ ).**|**_Description_**|**_Description_**|**_Description_**|**_Description_**|**_Description_**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||||
|||||||||
|||||||||
||**_Total_**|||||nil|nil|
|||||||||
||**_Description_**|||||**This year**
**£**|**Last year**
**£**|
|||||||||
|||||||||
|||||||||
||**_Total_**|||||nil|nil|
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
||The charity entrusts its investment strategy and activities to a registered fund manager,
receiving regular reports|||||||
|||||||||
|||||||||
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**Section C Notes to the accounts (**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**Charitable activities:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Other trading activities:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Other:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Total this year**
**_Total previous year_**|**Stock**|**Stock**|**Donated goods**|**Donated goods**|**Work in**
**progress**|
|---|---|---|---|---|---|
||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**||
||**£**|**£**|**£**|**£**|**£**|
|||||||
||-|-|-|-|-|
||51,030|-|-|-|-|
||- 51,030|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
||-|-|-|-|-|
||-|-|-|-|-|
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**18.2 Please specify the carrying amount of any stocks pledged as security for liabilities**
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CC17a {Excell
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0611112025
## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
## **19.1 Analysis of debtors**
|**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||8,247|5,946|
||4,152|3,953|
||-|-|
||12,399|9,899|
## _**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)**
|**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||NIL|NIL|
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## **Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
## _**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**Amounts falling due within**
**oneyear**|**Amounts falling due within**
**oneyear**|
**Amounts falling due after**
**more than oneyear**|
**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||9,610|9,714|
-|-|
||||-|-|
||16,575|5,016|
-|-|
||2,233|-|-|-|
||-|-|-|-|
||28,418|14,730|
NIL|NIL|
## **20.2 Deferred income**
_**Please complete this note if the charity has deferred income.**_
## _**Please explain the reasons why income is deferred.**_
|**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**
**Amounts added in current period**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||NIL|NIL|
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## **Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**You should complete this note if you have included in the charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
## **21.1 Please provide:**
**- a brief description of any obligations on the** _**N/A**_ **balance sheet and the expected amount and timing of resulting payments; - an indication of the uncertainties about the amount or timing of those outflows; and - the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement.**
## **21.2 Movements in recognised provisions and funding commitment during the period**
|**Unused amounts reversed during the period**
**Amounts charged against the provision in the current period**
**Balance at the end of the reporting period**
**Balance at the start of the reporting period**
**Amounts added in current period**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
**21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified)..**
**21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.**
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**Section C Notes to the accounts (cont)**
**Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
**22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.**
**22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conditions related to its pledge should be given here.**
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## **Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabilities, please complete the following section unless the possibility of their existence is remote.**
**Description of item including its legal nature. Estimate of financial effect Please describe any security provided in connection to the liability.**
## **23.2 Contingent assets**
## **Where the charity has contingent assets, please complete the following section when their existence is probable**
**Description of item Estimate of financial effect**
## **23.3 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
**Explain any uncertainties relating to the amount or timing of settlement; and the possibility of any reimbursement Where it is not practical to make one or more of these disclosures, please state this fact**
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## **Section C Notes to the accounts (cont)**
|**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Note 24 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date)**|||
|---|---|---|
||**This year**
**£**|**Last year**
**£**|
|||-|
||-|-|
||135,579|167,723|
||-|-|
||135,579|167,723|
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## **Section C Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
**25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.**
Owing to the significant liquid assets the charity's risk to exposure is considered low. It's exposure to equity investments is minimised by the use of a fund manager.
**25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.**
N/A
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**Section C Notes to the accounts (cont)**
**Note 26 Events after the end of the reporting period**
_**Please complete this note where events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_
**Please provide details of the nature of the event**
none
**Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made** N/A
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## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
## _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|---|---|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
|**_Other funds (balancing_**
**_figure)_**|**N/a**|**N/a**|-|-|-|-|-|-|
|**Total Funds as per balance sheet**|||-|-|-|-|-|-|
|**Fund balances carried forward include assets and liabilities denominated in a foreign currency**||||Yes*
No*
✓
✓|||||
|||||✓|✓||||
_**If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up).**_
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## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
## _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
|**_Other funds (balancing_**
**_figure)_**|**N/a**|**N/a**|-|-|-|-|-|-|
|**Total Funds as per balance sheet**|||-|-|-|-|-|-|
|**Fund balances carried forward include assets and liabilities denominated in a foreign currency**||||Yes*
No*
✓
✓|||||
|||||✓|✓||||
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## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
||**Reason for transfer and where endowment is converted to income,**
**legalpower for its conversion**|**Amount**|
|---|---|---|
|Between unrestricted and
restricted funds||NIL|
|Between endowment and
restricted funds||NIL|
|Between endowment and
unrestricted funds||NIL|
## **27.4 Designated funds**
**Planned use Purpose of the designation Amount**
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## **Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**TRUE**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|---|
|||**This year**|||||**Last year**
**£**|
|||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**||
|||**£**|**£**|**£**|**£**|**£**||
|||||||||
|||||||||
|||||||||
|||||||||
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
_**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.**_
_**State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**No trustee expenses have been incurred (True or False)**||**_FALSE_**|
|---|---|---|
||||
|**Type of expenses reimbursed**|**This year**|**Last year**|
||**£**|**£**|
|**Travel & subsistence**|||
|**Accommodation**|||
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|**Other (please specify):**||||
|---|---|---|---|
|**Postage printing & stationery**||||
|**Telephone**||||
|**Equipment**||||
||**TOTAL**||**0**|
|**Please provide the number of trustees reimbursed for**
**expenses or who had expenses paid by the charity**||||
||**5**|||
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
**There have been no related party transactions in the reporting period (True or False)**
_**TRUE**_
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**||**Balance at**
**period end**|**Provision for bad**
**debts at period end**|**Amounts**
**written off**
**during**
**reporting**
**period**|
|---|---|---|---|---|---|---|---|
||||**£**||**£**|**£**|**£**|
|||||||||
|||||||||
|||||||||
|||||||||
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
_**For any related party, please provide details of any guarantees given or received.**_
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**----- Start of picture text -----**
Section C Notes to the accounts (cont)
Note 29 Additional Disclosures
The following are significant matters which are not covered in other notes and need to be included to
provide a proper understanding of the accounts. If there is insufficient room here, please add a
separate sheet.
**----- End of picture text -----**
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CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
MEDI TECH TRUST
On accounts for the year
ended
30 June 2025
Charlty no
(if any)
1157837
Set out on pages
149
I report to the trustees on my examination of the accounts of the above
charity rthe Trusv,) for the year ended 3010612025.
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation
basis of report of the accounts in accordance with the requirements of the Charities Act
2011 ('the Act")
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed the applicable Directions given by the Charty Commission
under section 145(5)(b) of the Act.
I have completed my examination. I cOnfin that no material matters have
come to my attention (other than that disclosed below ") in connection with
the examination which gives me cause to believe that in, any material
respect:
accounting records were not kept in accordan with section 130 of
the Act or
the accounts do not accord with the accounting records
Independent
examinerfs ststement
I have no concems and have come across no other matters in connection
with the examination to which attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
1011112025
Name:
John Males
Relevant professional
qualification{s) or body
(If any):
ICAEW FCA
Address:
Watson Associates, 30-34 North Street
Hailsham, East Sussex, BN27 1 DW
IER
October 2018
Section B
Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32,
Independent examination of charity accounts.. directions and guidance for
examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
October 2018