2024-06-30-accounts

ChaTity registration number. 1158630 The John Craddock & Geofftey Owen Charitable Trust Annual Rel￿ and Financial Statements ftir the Year Ended 30 June 2024 D V Marlow & Co Ltd Chartered Accountants 72 West Street Portchester Fareham Hampshire P016 9UN

The John Craddock & Geoffrey Owen Cbaritable Trust Contents (continued) Reference and Administrative Details Trustees, Report 2to3 Statement of Tn]stees' Responsibilities tndependent Examinees Report Ststement of Financial A¢tivitiL8 Balance Sheet Notes to the Financial Stalements 8t014

The John Craddock & Geoffrey Owen Charitable Trust

Reference and Administrative Details

Trustees Mr John Stanley Craddock Mr Peter Bell Mr Ian Smith Mr Jonathan Wheatley Mr Geoffrey Owen Charity Registration Number 1158630 Principal Office 6HumWay Christchurch Dorset BH232PA

Independent Examiner

Mrs Doreen Marlow FCA Chartered Accountants 72 West Street Portchester Fareham Hampshire P0169UN

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The John Craddock & Geoffrey Owen Charitable Trust Trustees, Report The lwstees prcsent the annual report together with the financial stateM￿ts of the charity for the year ended 30 June 2024. Truste Mr Jolm Stanley Craddock Mr Peter Bell Mr lan Smith (appointed 7 March 2025) Mr Jonathan Wheatley (appointed 7 March 2025) Mr Geoffrey Owen Objectives And activities Public benefit The tntstees Gonfirn) that they have complied with the requircmeDts of section 17 of thc Charities Act 2011 to have due regard to the public benefit guidanrx published by the Charity Commisslon for England aThd Wales. Achievements and perforniance The trustees were delighted to receive a substantial donation this year which enabled the charity to tsk¢ a large skp forbvdrd in being able to provide more consistent and higher value charitable donations each year. Th¢ trustees met and considered a variety of charities but have selected the below charities &8 the favoured ones lo receive our support for the financial year ended 30 June 2024. The grange cho￿1 society £700 Wood Green £500 National Federation for retired service dogs £400 Retired police dogs charity £400 Musicians benevolent fund £500 RSPCA £500 Page 2

The John Craddock & Geoffrey Owen Charitabk Trust Trustees, Report (continued) Finanoi*l review The tNstees see this year a5 a transforniatory year from which we build th¢ foundations of the flltU￿ and having given considerable thought and having received advice from PFM Associate5 (our independent advisors) we have taken the following athions: l. D V MaTlow & Co Ltd were appotnted tto act as our accountants to ensure that we fulfil our reporting responsibilities to the charities commissioN as advised and re¢(Jmmended during our January 2025 meeting with PFM Asso¢iate5. D V Marlow & Co Ltd have confirnied they will be able to do our submission for us on time and a¢t for us on an ongoing b&%is. 2. We have decided to move away from the PFM purposeful portfolio (but continue with them for their holistic advice) following a ¢ontinued period of underperforniance against the relevant benchmarks. PFM associatss have identified a suitable alternative in the Brewin Dolphin MPS and we have gxven the instruction, following the suitability lettsr being issued to move the investment portfolio to Brcwin. We have agreed with the assessment of PFM to follow a moderte risk strategy and they will continue to monitor its suitability for us. 3. We hav¢ updateiL and adopted a new suite of policies and procedures which have been agreed by the trustses. 4. We have added 2 new trnstees and the thartttes commisston have been advised oftheir appoinlment. Pollcy on raverv£f As a chatity with no costs associated with propety, staff or liabilities. the twstees took the decE51o￿ ITh line with professional advice, that the charity would maintsin reserves in the fonn of liquid investments and cash. These reserves will be kept at a level to cover any costs incurred by the charity each financtal year. Structur% governance aDd managem¢nt Natmre ofgoverning doeument The Trust is a registered charity and an unincortK)rated organisation. The obje¢ts of the charity are l) for the benefit of the public to relieve the suffering of anima15 in need of care and attention and, in particular. to Provide and maintain res¢ue homes or other facilitie5 for the reception, care and treatment of such animals. 2) To promote humane behaviour towdrds animals by providing appropriate care. protection, treathient and security for animaIs which ate ID need of care and attention by reason of sickness, maltreafmenL poor circumstances or ill usage and to educate the public in matters pertaining to animal welfare in general and the prevention of Cruelty and suffering amongst animals. 3) Advancing any other purpose which may be charitable according to the law in England and Wales, in particular for furtherance of the arts. Arrangementsfor setting key managenwitpersonnel remuneration All give their ttme freely and no temuneration or expeDSCS were paid in the year. e annu appro ed by the trustees of the charity on 29 April 2025 and signed on its behalf by. Mr Peter Bell Trustee Page 3

The John Craddock & Geoffrey Owen Cbaritable Trnst Statement of Trustees1 Responsibilities The trust¢es are responsible for preparlng the trustees, report and the financial statements in a(￿rdance with the United Kingdom Accounting Standards (United Kingdom Gcnerdlly Accepted Accounting Practice) and applicable law and regulations. The law applicable to charitie5 requires the trustees to prepare finan¢i21 ststements for each financial year which give a true and fair view of the stste of affairs of the charity and of the incoming resources and application of re50ur¢es of the charity for that period. In preparing these finan¢ial statement4 the trustees are required to: select suitable accounting policies and then apply them consistendy. observe the methods and principles in the Clwitie5 SORP. make judgements and estimates that are reasonable and PTud¢nt state whether applicable accounting standards have been followed, subject to any material depa￿reS disGlosed and explained in the fitwi¢ial statements; and prepare the [￿￿)cial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in busines5. The knstees are responsible for keeping PToper accounting records that disclose with r&gsonable a￿uracY at any time the financial position of the ¢harity and enable them to ensure that the financia] statements comply with the Charitie5 Act 2011, th¢ Charities (Accounts and RepoTts) Regulations 2008. and the provisions of the constittjtion. The trustees are also responsible for safeguarding the assets of the charity aDd h¢nce for taking reasonable steps for the prevention and detection of fraud and other iTregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial tnforniation inc e charitable company's website. Legislation governing the preparation and dissemination of ancial stat ents may differ from legislation in other jurisdictions. Approved charity on 29 April 2025 and signed on its behalf by: Mr Peter Bell Trustse Page 4

The John Craddock & Geoffrey Owen Charitable Trust

Independent Examiner's Report to the trustees of The John Craddock & Geoffrey Owen Charitable Trust

I report to the trustees on my examination of the accounts of The John Craddock & Geoffrey Owen Charitable Trust for the year ended 30 June 2024.

Responsibilities and basis of report

As the charity trustees of The John Craddock & Geoffrey Owen Charitable Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the The John Craddock & Geoffrey Owen Charitable Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section l 45(5)(b) of the Act.

Independent examiner's statement

Since The John Craddock & Geoffrey Owen Charitable Trust's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member ofICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of The John Craddock & Geoffrey Owen Charitable Trust as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mrs Doreen Marlow FCA Chartered Accountants ICAEW

72 West Street Portchester Fareham Hampshire P0169UN

29 April 2025

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The John Craddock & Geoffrey Owen Charitable Trust Statement of Financial Activiti￿ for the Year Ended 30 June 2024 UDrestricted fllnds Total 2024 Note Jncome aDd Ettdowments from: Donations and legacies Investment income 265,801 590 265,801 590 Total incorne 266,391 266,391 Expenditure on: ChaTitable activilies (5.374) {5,374) Totsl expenditur¢ 5,374) (5,374) Net income 261,017 261,017 Other recogNised gain5 and Ioss&8 Other gain￿10s9es Net movement in funds 22,542 22,542 283.559 283,559 RecontiliAlion of funds Total fwids brought forward Total funds carried fonvard 52,630 52,630 io 336,189 Unre5trieted fundg 336.189 Totsl 2023 Note Income and Endowments from: tnvestment income 180 180 Totsl income 180 180 Expenditure on: Charitable activitie5 (704) (704) Total expendilure (704 (704) Net exT)endilure Other recogDiSed gains and losses Other gains11055es (524) (524) 1,441 1,441 Net movernent in funds 917 917 Reconciliatifyn of funds Tota] funds brought forward 51,713 51,713 Totsl fimds ca￿led fonyard io 52,630 52,630 All of the cbarity's athivities derive from continuing operations durlng the above two periods. The funds breakdo%￿ for 2023 is shown in note 10. The notes on pages 8 to 14 forni an int¢grai part of the5¢ financial gtatements. Page 6

The John Craddock & Geoffrey Owen Charitable Trust (Registration nllmber: 1158630) Balance Sheet as at 30 June 2024 2024 2023 Note Fixed assets Investrnents 336.470 51,887 Current assets Cash at bank and in hand 979 743 Creditors: Amounts falling due within one year Net current Oiabi]itiesyassets (1,260 (281) 743 Net assets 336,189 52,630 Fun(is of the ebarity: Unrestrict Unre5tiicted fim ome funds 336,189 52.630 tal funds io 336,189 52,630 The financi 202 on pages behalf by: to 14 were approved by the Iwstees, and authorised for issue on 29 April edon Peter Bell Trustee The notes on pages 8 to 14 foTtn an integral part of these fmancial statements. Page 7

The John Craddock & Geoffrey Owen Charitable Trust Notes to the Finallcial Statements for the Year Ended 30 June 2024 l Attounting polici Statsment of eompliAnce The financial st&tsments hav¢ been prepared in ac¢oTdance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. Basis of preparation The Iohn Craddock & Geofftey Owen Charitable Trust meets the definition of a public benefit entity under FRS 102. The a¢counts (financial statements) have been prepa￿1 under the hi5toriGal cost convention with items recognised at C05É or transaction value unless otherwise stated in the relevant note(5) to these accounts. Going eoncern The trustees consider that there are no material uncertainties aiN)ut the GhaTity's ability to continue as a going ncern. Income and eDdowments Voluntary income including donations. gift4 lega¢ie5 and grants that provide Core funding or ￿e of a general nature is recognised when the eharAty has entitlement to the income, it is probable that the income will b¢ received and the amount can be M￿llred with sufficient reliability. DonuÉions and legaa Donation5 and legacies are re¢ognised on a receivable basis when receipt is probable and the amount can be reliably measured. Inveslmenl income Dividends are recognised once the dividend bas been declared and notificion been Teceived of the dividend due. Expenditsre All expenditure is recognised once thete is a legal or constru¢ttve obligation to that expenditure. it is probable settlement IS required and the amount can be measured reliably. All costs are allocated to the applicabl¢ expenditure heading that aggregate similar costs to that ¢egory. Where costs cannot be directly attributed to particular headings they have been allocated on a basis ci)nsistsnt with the use of resources, with centrdl staff costs allocated on the basis of time spenL and depreciation charges allocated on the portion of the asset's use. Other support Costs are allocated based on the spThd of staff costs. Governanee costs These include the ￿$ts attributable to the tharity's compliance with ¢oJJstitutional and statutory requirements. Taxation The charity is considered to pass the tests set out tn Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charithble wll)paDy for UK COTporation tax purposes. Accordingly. the charity is Potentially exernpt from t￿tIOn in re5pert of income or ￿pital gains received within Categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Swtion 256 of the Taxation of Chargeable Gains Act 1992, to th¢ extent that such income or gains are applied ex¢lusively to charitable putposes. Page

The John Craddock & Geoffrey OTrven Charitable Trust Notes to the Financial Statements for the Year Ended 30 June 2024 (continued) Fixed Asset inve8tments Fixed asset investhents, other than programme related investments, are included at market va]ue at the balance sheet date. Realised gains and losses on investments are cal¢ulated as the difference between sales proceeds and tbeir ma￿t value at the start of the year, or their subsequent cosL and are charged or ¢Tedited to the Statement of Financial Activities in the period of disposal. Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Fitwiciaj Activities b￿d on the matket value at the year end. Cash and cash equivalents Cash and cash equivalents ￿MPrise cash on hand and call deposits. and other short-temi highly liquid investments that are readiIy wnvertible to a known amount of cash and are subject to an insigtkificant risk of hange in value. Fund structure Unrestricted income funds are genernl fimds that are available for use at the trustees dtscretion in furtherance of the objectives of the charity. Finantial instrwnenls Cloysification Financial assets and financial liabilities are re￿gniSed when the clwity becomes a party to the conttzctual provisions of the instnunenL Financial liabilities and equity instruments ate ¢la5sified according to the substance of the contractyaI arrangements enteTrd into. An equity instrument is any contrdct that evidences a residual interest in the assets of the Gharity after deducting all of its liabilities. Recognition and measuremenl All financial assets and liabilities are initially measured at transa¢tion Price (including transaction costs), except for those financial assets classified as at fair value through PD)fit or loss. which are initially measured at faiT value (which is normally the transaction price excluding transaction costs). unless the arrangernent constithte5 a fjnancing transaction. tf an aTrangement constitutes a financing transactio￿ the financial asset or financial liability is me&sured at the present Value of the future pa￿nellts discounted at a market rate of interest ftir a Simil￿ debt instiument. Financial assets and liabilities are only offtet io the statement of financial p051tion wben. and only when there exists a legally enr0￿cable right to set off the recogmised amounts and the charity intends etther to settle on a net b&8is. or to reali5e the asset and settte the liability simultaneously. Financial assets are d¢re¢o￿lised when and only when a) the contrdctyal rights to the cash flows from the fmancial asset expire or are settled. b) the charity transfers to another paty substantially all of the risks and rewards of owneTship of the financial asseL OT c) the charity. despite having retained some, but not all, significant risks and rewdrds of ownersbip. h&8 tranSfe￿d control of the asset to another party. FinanGial liabilities are deree0￿19ea only when the obligdtion Specified in the controct is disch￿g￿ cancelled or expires. Page 9

The John Craddock & Geoffrey Owen Charitable Trust Notes to the Financial Statements for the Year Ended 30 June 2024 (continued) Fair value nwasuren￿nI The best evidence of fair value is a quot¢d price for an identical &8set in an active markeL When quoted prices are unavailable, the pri¢e of a recent transaction for an identical &£set provides ￿idence of fair valu¢ as long as there has not been a significant change in economic CiTGumstances or a signifi&￿t lapse of tim¢ since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique. 2 Income from donations and legacies U￿r￿trICted fun(L8 General Totsl funds Donation5 and legacies. Donations from individuals 265.801 265,801 Total for 2024 265.801 265,801 3 Investment Ill￿￿¢ Unrestricted fund5 General Total funds Interest receivable and similar income" Interest receivable on bank deposits Oth¢r income from fixed asset investments 588 588 Total for 2D24 590 590 Total for 2023 180 180 4 Expenditure on charitable activities Unrestrieted fmnds General Total funds Note Govmiance costs 5,374 5.374 Total for 2023 704 704 Pag¢ 10

The John Craddock & Geoffrey Owen Charitable Trust Notes to the Financial Statements for the Year Ended 30 June 2024 (continued) Total expenditure 5 ADatysi5 of governance and sllpport costs Governance costs Unrestricted funds General Total fund5 Ac¢ountan¢y f Accountancy Adviser fees Bank charge5 Donations and platform fees 1,460 814 66 3,034 1,460 814 66 3,034 Total for 2024 5.374 5,374 Total for 2023 704 704 Page 11

The John Craddock & Geoffrey Owen Charitable Trust Notes to the Financial Statements for the Year Ended 30 June 2024 (continued) 6 TaxAtioD The charity 15 a registered charity and is therefore exempt from t&utio 7 Fixed asset investments 2024 2023 Other investments 336,470 51.887 Pag¢ 12

The Jobll Craddoek & Geoffrey Owen Charitable Trust Notes to the Financial Statements for the Year Ended 30 June 2024 (continued) Other investments listed investments Totsl Cost or Valuation Revaluation 336,470 336,470 At 30 June 2024 336,470 336,470 Net book value At 30 June 2024 336,470 336,470 8 Cash and cash equivalents 2024 2023 C&sh at bank 979 743 9 Creditors: amounts falling due within one y￿r 2024 Acc￿aIS 1,260 10 Thnds Other Incoming Resources recoEnised resourees ¢xpeDded gainslOos$es) BAlgDee at 30 June 2024 Balance at I July 2023 UDre5trieted funds Generdl 52,630 266.391 (5,374) 22.542 336,189 Other recogDised gain510055es) Balance At 30 Julle 2023 Balance at I Ineomitig Juty 2022 ources Resources expended Unr&stricted funds General 51,713 180 (704) 1.441 52,630 Page 13

The John Craddock & Geoffrey Owen Charitable Trust Notes to the Financial Statements for the Year Ended 30 JuDe 2024 (continued) 11 Analysis of net assets between fuDd5 Unrestricted funds General Tot41 funds at 30 June 2024 Fixed a5S¢t investments Current assets CU￿nt liabilities 336,470 979 1,260) 336,470 979 (1.260) Total net &8sets 336,189 336,189 Unrestricted fund$ Gener41 Totsl funds at 30 June 2023 Fixed asset investments CutTent assets 51.887 743 51,887 743 Total net assets 51630 52,630 12 Analysis of net funds Finaneing eAsh flows At 30 June 2024 At l July 2023 C￿h at bank and in hand 743 236 979 Net debt 743 236 979 At 30 June 2023 Fin4neinE CAsh flows At l July 2022 Cash at bank and in hand 738 743 Net debt 738 743 Page 14

The John Craddock & Geoffrey Owen Charitable Trust Detailed Statement of Financial Activities for the Year Ended 30 June 2024 Total 2024 TotAI 2023 Ineome and EDdowment8 from: Donations and lega¢ies (analysed below) tnvesknent income (analysed below) Total income 265,801 590 180 266,391 180 Expellditure on: CharÉtable activities (analysed below) Total expendItL￿E Net inLX)md(expenditure) Net movement in funds (5,374) (704) (5,374) (704 261,017 (524 261,017 (524) Reconeijiation offunds Total funds brought forward 52,630 51,713 Total fimds carried forward 313,647 51,189 This page doe5 not forni part of the Statutory finan¢ial strdtements. Page 15

The John Craddoek & Geoffrey Owen Charitable Trust Detailed Statsment of FiDancial Activities for the Year Ended 30 June 2024 (continued) Tot21 2023 Tot21 2024 Donalions and legoct Donations 265,801 265,801 Inveslment income Inwme from listed investments Interest from investments Interest on Cash deposits 377 211 77 102 590 180 Charitable aclivities Acci)untancy fee5 Adviser fee Bank charges Charitable donations Platfonn fees (1,460) (814) (66) (2,500) (534) (5,374) (200) (259) (64) (181) (704) Thi5 page does not fonn part of the statutory financial Statements. Page 16