REGISTERED CHARtTY NUMBER: 1163819
REPORTOFTHETRUSTEESAND
FINANCL4L STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
FOR
PARACLETOS
Collards
Chartered Account8nts
Suitutory Auditor
5-9 fden Sireei
Kingsion-upon-"I'horn¢s
Surr¢y
KTI IBQ

PAIL4CLETOS
CONTENTS OF THE FIP4ANCL4L STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
P8ge
Report of the Trustees
Report of the Independent Auditors
Statement of Finantial Artlvlties
Balance Sbtet
Cash Flow St#tsment
Notes to tht C95h Flow Ststemtnt
10
ote5 to th¢ Finsneial Ststsments
li to 14
Detsiled Ststement of Financial Activities
15

PARACLETOS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2025
The trusi¢e5 presenttheir report with the financial statetnent5 of th¢ charity forth¢ year ¢nd¢d 30 June 2025. The tru￿teS have adOp￿d
the pro￿1*]￿￿.5 ot A¢countiDg and Reporting b). Chariti¢8'. Stat¢m¢nt of Recomtn¢nded Praciice applicable io charitle5 preparing Ihcir
accounts in accordance with Ihe Fin￿LIa1 Repurting st￿￿￿ ¢wpliiable in the UK and Republic of Ir¢19￿d IFRS 1021 letTectivL I
January, 20191.
0￿￿CrivEs AND ACTIVITIES
Obj¢¢tiv¢$ lim$
The objeilives ufp4raLletOs I'ihe Trust'l are to advance. promote or cary oui such charitable purposes as the Trustees in their absolu
discretion from time to tiTne think fit.
Grant mxking poliey
A.% ￿¢1] as a numbcr of ad hoc grants this year. th¢ trust¢¢s also d¢cided to rnak¢ multi-vearcommitments to a number of organisations
who have ken supported reguldrly in Ihe Pd51. Othei than IhLSL agrLLd Lummitmenis. and while Ihe Trus1 Loniinuts ts) dtvtluping ils
overall grani making wlicy, irusiccs cxpcct only io make granis on an ad hoc basis again during ihe next year.
AcHIEVEME￿T AND PERFORMANCE
Review of developments, activities and aehievements
'I'h¢'l"rusl makes grants to organisations or individuals carrying on or furth¢ring activilics w'ithin th¢ objectiv¢%and grant making po>licy
of ihe Trust. The Twsi made 12 grani8 to such beneficiaries during the financial year tothlling £145.0￿ 12024.. 9 gr8nt% Iovdlling
£1 lo,0(￿1, as deiailed in Ihe notes to the linaneial accounts on page 12.
For the next year. the Trust will continue to invesi its capitaI in order to generate an incotne which can in due course iK disbursed as
grants. The aTrn for ihe coming year will be to d¢v¢lop the grant making wili¢y to a gTeater extent and rnake a nUt￿￿T of SOTnewhat
larger grdnis.
FINANCIAL REVIEW
Investment powers. restriction policy
The TTU%tees have wide powers of investment which they have largely delegaied ￿ their Investment Advisers. Barclays Bank. in
accordance wilh the powers given lo Ihcm under (he 'l"rust l)e¢d. l.ollowing the d¢v¢lapmeni ot an inve%lm¢nl p)licv. mo%t ot the
¢apital has i*en inve#ed in sustainable straiegie% de%igned to provide a balance teii¥etn income 2nd real iem)s c2pital maintenance
bv inveslin¥ in busin¢sges ihai aim 10 provide sY)lutions to the greatest challenges facing our plancL tvhile siill matntaining a screentn8
for unsuttable investmcnrs.
'l-he'l rus*es ffgularly r¢c¢ive financial reports frotn Bar¢lays Bartk.
Thc rapital for thc truEt was pritnarily pr()vided b}. th¢ ule of shares in a limited company. which trartsa¢tion was ¢omplet¢d irt April
2019. No further exiemAI income is now ex￿cted.
Reserves polity
The Trust now comrnitt¢d to tnake annual grant5 lotalling £75,000 for a nutnber of fuiure yea￿. while annual professional f¢¢5
atnount ts) about a furth¢r £90,000.. th¢T¢ are OtheT tneoningful expenditures for the Trust at this *16ge. WhTlc som¢ IiTnited fr¢¢ cush
is held. Ihe majoriiy of the Tru￿,8 lunds are held in investrnents which are managed in order 10 maintain eapiial value and 10 creaie
irKom¢. ￿'￿]Ch will then be available to k disburstd. I low¢ver. TK>ne of th¢Y inv¢5tm¢nts are restricted or endowments, and 50 can
and will ￿ liquidated as needed to provide funds. regardless ofmarkei situation& 2nd Miih liiile lead time. AcLordingly. until
of this sltuaiion changes significantly. therc is currently still no need for any cxplicir resejwes to ￿ held.
FUTURE PLANS
Over Ihe coming year. Ihe Trustees have no plans io makc any large. long t¢rni grants. However. subject to unanimous trustee
appmval. a numb¢r of ad hoc grants will be made to chariiahl¢ ¢au*.4 known to th¢ Tru%te¢s in the comtng >'car. x>mt ot'm'hich may
be larger than previous years.
The TrUS￿e$ Ivill ¢ontinue to ￿VIeW and Tevise as ne¢essary all relevant ￿1]¢1¢$ and procedutts to allow the TTUSt to function
effettivcly and with g￿d goveTnancc.
STRUCTURE,GOVERNANCEAND MANAGEMENT
Goverthing doeumertt
'I'h¢ I ru4t is w unincorwraied trust registered wilh the Charity Commissioners under number 1163819. li was esLqbltshed by Deed on
16th July 2015 with the tsbjeuives sei out #bov¢. I"he tinan¢i41 smtemenis havc iKen prepared in accordance with thc acc4)unting
policies set oui on page I I dnd comply V¢iih thL' Trust [k￿.d and applicable law.
Page I

PARACLETOS
REPORT OF THE TRUSTEES
FOR THE YEAR EiYDED30 JUNE2025
STRUCTURE. GOVERNANCE AND MANAGEMENT
Reeruitmenc ¢r•inin2 and APPOllltmtnt of new tr￿Ste¢S
The Tru51e¢E handle ihe appointsnent of rcplacem¢nt Trnstecs and also New Trusie£s.
Ai the tim¢ of apwintmenl New Trustees are mad¢ awarc ot ih¢ir resp)nqibilities aniL from the outset. are encouraged to understand
Ihe Lhari¢y'£ objcciives. All Tru<¢¢% also encouraged to identif>. iraining needs on aprointm¢Dt and annually thereaftv $0 that
mea5UTes be iaken io en&ur¢ that these n¢¢ds arc met.
No TTUgtee appointtnents have ixen rna(k in th¢ Current year and nonc art expected in the ¢oming year.
M*thAgement
The TNst is controlled by the TTusiees.
REFERENCE AND ADMINISTRATtVE DETAILS
REgi5tered Charity nurnber
1163819
Principyl address
7 1.ingfield Av¢nu¢
Kingston-upon-Tham¢s
SunEy
KTI 2TL
Trustee5
Mr J Cooper
Mrs E Cooper
Miss J Lootrr
Auditor5
Collards
Chaner¢d AecountantS
tatutory Auditor
5-9 Ed¢n Sir¢¢t
King5ton-upon-Thamts
Surrey
K'l'l l BQ
Invtstment Advisers
Barcla)'5 W'¢alih Management
Churchill Place
C'anary Wharf
London
E14 5HP
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trusicts ar¢ r¢sponsible for preparing thc Report of thc Tru￿¢¢5 and th¢ financial 5tat¢ments in accordanee with applicable la
and United Kingdom Accounting Standards IUnit¢d Kingdom ti¢D¢r￿lY Aeceptrd Accounting Practice).
The law applicable to charities in EnglaDd and Wale& the Charities Act 2011. Charity (Accounts and Rewrtsl Regulations 2001$ and
Ihe provisions of the trusi deed requires Ihe tru5t¢eE to prepare financial %iaicments tor each financial vear which giv¢ a Erue and lair
view of the statc vl. affairs ot the chariiy and of the incoming resources and appliLation of rewurcc¥ including the income and
expendinJr¢. of th¢ charity for that ￿Tled. In preparing those financial Statements, the tru5te¢s ar¢ required to
select 5uiiablc accounting wlicies and then &pplv them consistenlly.
observe Ihe methods and principles in the Charitj SORP:
make judgemtnis and estIm￿S thai ar¢ r¢ay)￿bIL and Prudent;
prepaFe the financi￿ statcmenis on ih¢ going conceTD basis unless it 15 inappropriaie to presume that the charity will cortinu¢ in
business.
The trus￿eS are respon5ibl¢ for keeping PrO￿r ac£ouDting rLcords which disclose with ￿t￿50nable accurn¢y at any time the financial
ition of th¢ charily and to ¢nablc them lo ¢Dsurc that ihe financial siatrments romply wilh Ihe Charili¢s Act 2011, the C'.luTity
(Accounts and Rewrtsl Regulation.% 2008 and the provisions of the Irust de¢d.'Thty are al￿ Te%ponsible for %afegu￿d1￿g th¢ &ssets of
ih¢ th￿IlY and henre for taking reL￿nabIC sleps for th¢ prtvention and d¢*Ction ot fraud and other inegularities.
Page 2

PAtUCLETOS
REPORTOFTHETRUSTEES
FOR THE YEAR ENDED 30 JUNE 2025
I i./.11 /%.
Approved by order of the toard of trus￿$ on........... . ...
and signd on its behaifby..
Mrjc
- TTUSte¢
p￿¢3

REPORT OF THE IiYDEPENDENT AUDITORS TO THE TRUSTEES OF
PAIUCLETOS
Opinio
We have audiied the f2nancEa] statem¢nts of P8J3¢1¢tos (the 'charity'l for the year ended 30 June 2025 which comprise the S1￿Ment
of Financi￿ A¢liviti￿ the Balan¢e Sheet, the Cash Flow Stat¢rn¢nt and noies to the financial 5tatem¢rtts, lllcluding a summary of
$I￿lfICallt a¢¢ouniing rM)licie5. The financial re￿rtIng [raMJwo￿ thal has ￿ell applied in thcir prepardtion 15 applicable law and
United Kingdom Accounting Standards (United Kingdom Gene￿lY Accepted Accounting Prnctictl.
In ouropiniott ihe financial ststements..
give a truc 2nd fair view of thc state of the charity's affair5 as at 30 June 2025 and of its incornin8 rcsource5 and appli¢ation or
resouTC£S, for tht veaT then ended..
have b¢en properl> prepar¢d in accordanc¢ with United Kingdotn GenLrdlly Acc¢pted Accounting Praciict,. and
h%ve been pr¢p3Fed in accordance with the requiT¢mellts of the Charities Act 2011.
Bw$is for opinion
We condu¢i¢d our audit in a¢cordanc£ with Intemationaj Standard5 on Auditing {UKI (ISAS IUKII and applicable law. OUT
reiponsibiliti¢s under those stsndard5 are furth¢r des¢riiKd in thc Audiiorl r¢sponsibiliii¢s for the audit of th¢ financial statements
section of our report. We ar¢ independent of the chgrity in accordance with the cihical r¢quimenis that are relcwant io our audit of
the financial Statements in the UK. including the FRC'S Ethical %iandard, and w¢ have fulfilled our oiher ethical responsibilitie5
accordan¢e with thes¢ Tequiremenis. Wt believe that lh¢ audit cvid¢n¢¢ we have obtain¢xl is suffici¢nt at)d appropriate to provide a
basis for our opinion.
Conclusions r¢l•tlng to going coth¢ern
In audiiing the tinancial statements w¢ havc concludeA that th¢ tnIs￿eS, use of the going con¢ern b&8is of atrounting in the
preparation of th¢ financial staternents is appropriaie.
Based on the work we have perfornied, w¢ have not id¢ntTfied any rnatenal unceru2inti¢s relating to events or condition5 that.
individually or collectively. ma} cast significant doubt on the charity's ability io continue as a going ¢oncEm for a peTi(Kl of at least
twelve month5 from when the finan¢ial statements aUthori￿d for issue.
OUT ffsponsibiliti￿ and th¢ responsibilities of the twstees with r¢speth 10 gou￿ conrern are d¢Kribed in the relevant sectio￿8 of this
rt.
Other informatio
The Irust¢e5 are responsibl¢ for th¢ other infom)ation. The other infortnation compriKs the infomiation included in the Annual
Repor¢ oiherth8n the financial stat•nents our Report of the Indqjendeni Auditorsthereon.
Our opinien on the fir￿claI staternents does not cov¢r the other inforrnation and. except to the ext¢rtt otherwise ¢xpli¢itly stated in
our re￿Irt, we do notexpress any forni of assurance conclusion ihereoll.
In connection with OUT audit of the financial slat¢Men￿ OUT responsibility 15 10 read the other inforrnation and. in d(>ing qo. considcr
wh￿her th¢ other infomiation 1$ matttiallj inconsistrni with the financial statements OT our knowldge obtsined in th¢ audii or
otherwise appears to be maierially misstated. If we identify such material Inconsis￿nCleS or appartnl material misststements, we are
Te4uired to d¢*miine whether this giv¢s rise to a maierial mi5wiem¢nl in th¢ financial statements themselves. If, bastd on the wort(
we have ￿rfo￿ntd. we conLlkMk that the￿ is a materia] misstat¢m¢rtt of this other inforniation. we are required to rewrt that fact.
We h8ve nothing to report in ihi5 regard.
Matter$ on which wt are required to report by exception
We have nothing io repon in Tespeth of lh¢ following rnatter5 where lh¢ Charities (Aceounts and Reports) Regulation5 2008 require5
us 10 report lo you if. in our opinion..
the intortnaiion given in the Report of the Trustees is in¢onsist¢nt in any material re5Fd with the fiFwicial stat¢rn¢nts: or
sufficient a¢¥ounting record5 haye noi bttn kept., or
the financial stat¢m¢nts are noi in agreement V4ith the accoullting records and returns.. or
w¢ have not rttcived 811 the inforniation aftd explanations we require for OUT audit.
Responsibilities of trusttts
As explaimed more fully in the Sthtemeni of Ttuslteg R¢sponsibililies, the tNste¢% are re5w)nsible foT the preparation of the financial
sthtem¢nts which give a irut and fwr view, 8￿d foT $uch internal control a5 the truste£s deiemiine I￿ nccessary to ¢nabl¢ thc
preparalion of financial siatem¢Dts that are free from material misstatein¢nL whethtr to frdud or error.
In preparing the financi￿ statement& the I￿￿et$ are reswnsiblt for aSS¢￿ing the chority's ability to continu¢ gs a going concern,
disc1055n& *8 applicabl4 matters related io going cortcem a￿d using ihe going concern basis of accouDting unless the tnISt￿ either
intend to liquidate the ¢harity or to operation& 01 have no realistic altemative but to do so.
Pa8¢4

REPORT OF THE INDEPENDENT ALDITORS TO THE TRUSTEES OF
PAIL4CLETOS
Our responsibilities for the ¥udit of the finarkcial ststements
Wc have bctn appointed as auditors und¢T 8ectigD 144 of the Charitics Act 2011 and report in accoTdan¢e with the Art and ￿levant
regulations made or having effeth thereundcr.
Our objectiv¢5 are to obtain reasonabl¢ a55UTanc¢ about whether th¢ finoncial statements as a whole fr¢¢ from material
mi*statcm¢nt, whether due to fraud or error, and to li￿u¢ a Rcport of the Indep¢nd¢nl AUdEtO￿ that include5 our opinion. Reasonable
assurance is a high level of assLJrance. but is not a gu8rnntee that an audit conducted in 2cwrdanc¢ with ISA5 IUKI will &lways dfflect
tnai¢rial missrat¢rn¢nt when li ex1￿5. Misstatements can arise from fraud or em)r and arc considered material if. indiTridually or i
the aggregai4 they c4)uld re￿nablY be expected to influence the economic decisions of ￿Ts taken on the basis of these fin￿Cial
statetn¢nts.
Our approach to identifying and a￿SSing the TiSks of rnat¢rial tnisstat¢ment in respect of irregularitie& including fraud and
non-compliance with laws and r¢gulation%. was as follow5..
¥ the engagement panjer ensur&l that the engagemertl team collectively had the appropriare CoM￿Cnce. capabilities a￿1 skills to
idcntify or ￿CognIse non-cornpli￿CC with applicable laws regulations;
* identified laws and regulation5 were communicated w&thin th¢ audit team regularly 2nd the team remained alert to instsnces of
non-compliance throughout the audit.
We d&be55Yd the 5USC¢Ptibility of the charitys firwKial ststements io rnaieriai rnisstaEernenL in¢luding obtainiog an understsnding of
how fraud might occur, by..
making enquiries of m&TMgement ￿ io where they eonsider¢d ih¢r¢ was $us¢¢ptibility to frdud, their knowledge of actual, suspectrd
and alleged r￿ud.,
Tksidering th¢ inter[￿1 coniro15 in place to tllitigate risks of fraud and n<)n-compliantt with laws and regulatims:
To address the risk of fraud through Man￿eMent biLS and override of controls we..
' perfornied an8]yli¢a] proceduTes to identify any unu5ugJ or un¢xFKcted r¢lationships',
ttsted journal entries to idcntify. unusual fftinsaciions.,
es*d whether judgements and assumptions tnad¢ in determining the accounting e5titnares were indicative of potential bi￿.
invesiigated th¢ rationale behind significant or unusual (ran￿ell￿n8.
In JEspons¢ to the risk of irregularities ?￿d non-compliance with laws and regulation& we d¢5ign¢d procedures which includeQ but
weTe not limited to..
agTe¢ing financial statement dI￿l05ureS io underlying supportingdotumentation;
reading the minuies of mtttings of ihost charged with 8ovwnanff.'
tnquiring of tn4nagern¢nt a5 to actual and potential litigaiion aJxl claims,.
reviewing correspondencc with HMRC, rtlevant ￿gulat0T$ and the charity'5 legal advisors.
I'here are inherent limiiaiions in our audit proceduTes de￿Tibed above. The more removed thai laws and regulations are from
rjnancial transaction$. the less likely it 15 that we ￿OUld be£ome aware of non-compliance. Auditing siandard5 a150 lirnii (he audit
prw¢dures r¢quir¢d to identify non-compliance with laws and regulations to ¢nquiry of the I￿￿eeS and otkn management and the
ins￿¢(lOn of regulatory and legaj wrrspondetw if any.
MdteTial rni5sugiern¢nts thai arise due w fraud be harder to d¢tea than those that ￿lse from error as they May involve deliberate
concealm¢nt or collusion.
A further description of our r￿ponSibilitieS for the audit of th¢ financ2al staternents is ILKared on the Financi￿ Reporting Council's
w¢bsjte ai www.frt.org.uk/auditor5re5pon5ibilities. This descripiion fomis of our Report of the Ind¢pend¢ni Audiiors.
Page 5

REPORT OF THE INDEPENDEiYT AUDITORS TO THE TRUSTEES OF
PAIUCLETOS
Use of our report
This tep)n is made 501ely to the charity'5 Irust¢es as a LY)dy, in ac¢ordan¢e Miih Part 4 of the ch￿ltieS (Accounts and Repottsl
Regulations 2008. Our audit work has been undertaken so that we might stzle to th¢ Charity's tTUStee5 those rnatte￿ we are requir¢d
sthtc to theTll in an auditors, report and for no oih¢r purpose. To the fullest extent rKrmitt¢d by law, we do not accepi or ￿Sum¢
responsibility to anyont other than th¢ charity and th¢ ¢harity's tru5tee5 as a b(Kly. for our audit worl for this rewo or for th¢
opinions we have formed.
Collards
Chartered Ac£ountsnts
Statuiorv Auditor
5-9 FAl¢n Street
Kingston-upon-Thames
Surrev
KTI IBQ
Date..
11 /ii.]Is
P8ge 6

PARACLETOS
STA TEMENT OF FINAf4JCIAL ACTIVITIES
FOR THE YEAR ENDED 30 JUNE 2025
2025
2024
Total
funds
Unrestricted
fund
Not¢s
INCOME AND Eh"DOWMENTS FROM
Investment income
307,403
231,580
EXPENDITURE ON
Raising funds
87539
81.765
Charitable activitits
Gr￿ts issued
145.0(Kl
110.ooo
Other
9,137
3.895
Total
241,676
195.6)8
Net gain￿1105￿5) on inve5trnent
64,8601
1.895.528
NET INCOME
.931.450
RECONCILIATION OF FUNDS
Total funds broughi fonvard
17.002A61
TOTAL FUNDS CARRIED FORWARD
l7,(H)3J28
17.002.461
The note% foTtll Port of th¢￿ tin4Dcial Matem¢nts
Page 7

PARACLETOS
BALANCE SHEET
30 JUNE 2025
2025
2024
Total
funds
Unrestricted
Notes
FIXED ASSETS
Investments
16396J30
1&918,480
CURRENT ASSETS
Debtor5.' wDounts falling due within year
Cash at bapk
96,527
37,071
72.896
133 J98
110,307
CREDITORS
Atnount5 falling due within on¢ year
12601101
126.3261
NET CURRENT ASSETS
83,981
TOTAL ASSETS LESS CURRENT LIABILITIES
17,W3,328
17.002.461
NET ASSETS
17.003,328
17,002.461
FUNDS
Unrestrtctrd fund5
17,(M)3J28
17.0(r2.461
TOTAL FUNDS
17,IM13
28 17.002,461
The financial slatetn¢nt￿ approved by tk Board of Trustees and authoris¢d for issue on ..
Signed on its behalf by..
. and were
Mrj
oopKr-'ITusiee
Th¢ notes form part of these financial Sta￿ments
Page 8

PARACLETOS
CASH FLOW STA TEMENT
FOR THE YEAR ENDED 30 JLIYE 2025
2025
2024
Noies
Cash flows from operiting #ctivitits
C&%h generated from operdtions
{264,8331
1233,8141
Nei cash used in ortrating activities
{264￿3)
1233.8141
Cash flows from investing activities
Pllrch￿e of fixcd assct invcstrnents
Sale of fixed ass￿ investsnertls
l)ealing account movemeni
Intcr¢sl rettived
Dividends received
{4.W.621)
V(MJJ61
357h501
5,618
301.785
13.858.167)
3.271,235
533.826
3,150
228,430
Net c￿h provided by investing activiiies
264893
178,474
Change ITh cash and Cash equivalents in the
reporting period
Cxsh and cash equtyalents atthe beginning of
the reporting period
13401
155,3401
37AII
92.751
Cash cash equivalents at the end of the
reporting peritNI
37,071
37,411
Th¢ notes forni part of these fjnanciai $iateTnents
Page 9

PAK4CLETOS
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED30JUNE 2025
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2025
2024
Net income for the repDrting period18s per the Ststementof Finanei*l
Activities)
Adjustments for=
Losb¢Olgainl on investments
5nterest received
Dividends re£eived
Incrcase in debiors
Incre￿ in credit015
1,931,450
11.895,5281
13,1501
1228.4301
140,0401
1,884
{S,618)
1301,7851
123.631
474
Net cash used in optr*tloDs
12618331
1233.8141
ANALYSIS OF CHANGES IN NET FUNDS
At 1.7.24
Cash flow
At30ffj.25
Net ta5h
C￿h ai bank
37,411
(340)
37,071
37AI I
1340
37.071
Total
37,411
13401
37,Inl
The notes fortn part of these financial 5tat¢ments
Page 10

PARACLETOS
NOTESTOTHE FINANCIALSTATEMEf+iTS
FOR THE YEAR ENDED 30 JUNE 2025
ACCOUNTING POLICIES
Ba$i8 of Preparing the fithaneial statemtnts
The fjnancial s121ements of the charity,. which is a public benefit entity under FRS 102. have been PT¢par¢d in accordance
with thc Charitics SORP IFRS 1021 'Accounting and Reportin8 bv ChaTlties.' Statemeni of Recommended Practtce applicable
to charities preparing their accounts in accordan¢e with the Tr'inancial Reporting Standard 8ppli¢able in the UK and Republic
of Ireland IFRS 1021 leffeaive l January 20191,. FI[￿n¢￿al Rewning Standard 102 'The F&nancial R¢porting Standard
applicable in the UK and Republic of IrLland' and the Charilies Ath 2011. The financial statements have bctn prepared under
the historical cost convention. with the exception of inwestments w'hich are included at market value, as modified b), Ihe
Tevaluaiion of certaitt asse
Ineome
All in¢otne 1% re¢ognised in the Statement of Financial Athiviiies once the charity has entitlement io the fund& it is probable
thai ihe income will be received and the ￿￿ount can iE tneasur¢d ￿lIablY.
Expellditur¢
l.iabililiLs are recogniscd as cxptndinjre soon 85 there is 8 legal or conMructiv¢ obligation committing the charity io that
eX￿ndituT￿ It is probable that M iransfer of economic [￿er1￿ will be required in 8elllemeni and the tmouni of the obligation
can be measured reliabl>. F.xp¢nditur¢ is accounted for on an accrual8 basis and ha5 been classTfied under headin&s that
aggregate all cost ttlai¢d to thc caicgory. Whcrc costs cannot bc dire£tly attributed to particular h¢ading5 they have been
allOut￿ to aitivities on a basis ¢onsisient with the use of resources.
Grant5 offvtd subj¢¢t to ¢onditions whi¢h have not been mei at the year end date are noted as a commitmeni but not ￿erUed
as ext¢nditure.
Alloution Ind apportionment of costs
In ihe finan¢i81 period the ¢harity has only Incu￿ed professional fees and these have been ￿l0¢￿ted under governance Costs.
In the future cosrs shall be allwated apponiond according to th¢ incorne generation they relate to. Unallocated costs
shall bc apportioncd undersupy)rt costs as appropriat¢.
T*x8tion
The charity is exempt from t&x on its charitable activitie5.
Foreign currencies
A￿￿et￿ liabilities in foreign currencies 2Te transl%ted into sterling at the rdtes of ex¢hange njling at the balarttt th¢et da*.
Tran￿CtionS in foreign currencies are trall51ated into Sterling at the Tate of ¢xchang¢ ruling at the dat¢ of transaction.
Exchange differtnces art tskcn inio account in arriving ai the operating r¢sulL
INVESTMENT INCOME
2025
2024
Investment portfolio income
Interesi on cashlsettlements
301,78S
5,618
228.430
3,150
307,403
231.580
Page 11
continued...

PARACLETOS
NOTES TO THE FINANCIAL STATEMENTS. continued
FOR THE YEAR ENDED 30 JUNE 2025
RAISIIYC FUNDS
Investment minagement rosts
2025
2024
Porrfolio managemen¢
87J39
81.763
GIL4NTS PAVABLE
2025
2024
i55u¢d
145,(M)O
I10.(KK
Tr following grants were rnadt during the y￿, all of which have been clossified as being tnade to instilutions..
B¢nefi¢iary
Atnount £
OneBodyOneFaith
Rcfugee Action Kingston
Kingstoll Churche5 Actiort on Hornel¢ssn¢sS
ARocha UK
Church Athlon on Poverty
Edgt Fund
Launch It
Bipolar UK
EdinbuTgh Food Project
Breadwinners
Man & Bos,
Bridging Bglliers
ioj)
15,OIM
15,111M
lo,￿
IOJK
10,0
iO,OLM)
10,0
10.0
Is.0
15,IKXI
Trtal
145,(
The Tnjst rnak¢s grants to OTgani5ations or individua15 carrying on or furthering activities within the objedives and grdnt
akirtg policy of the Trust.
TRusfEES' REMUNKRATION AND BENEFITS
Th¢re were no lluste£s' T¢Thuner￿IOll or other benefjts forthe Ye￿ ended 30 Junt 2025 nor forthe year ended 30 June 2024.
TTUSttts' expet)Je5
There were rto tsusie￿, expenses paid for the year ￿ded 30 June 2025 nor forth¢yeaT endcd 30 June 2024.
FIXED ASSET INVESTMENTS
C&8h 8md
ttlements
pendin8
Listed
investrnertts
Totals
4RKET VALUE
Al l July 2024
Addiiion5
Disposals
Reva]ualion5
Exchang¢ diff¢r¢n¢¢$
16,735,796
4J84ffj21
14,907.8401
157J81)
l82,6&4
5,184.134
4.823,1071
1&918A80
9,769,755
19,730,947)
{57J811
{3J77}
(3J771
AI 30 June 2025
16J56,1
S40J34
16W96SY)
NET BOOK VALUE
AI 30 June 2025
16J56.196
16,W30
At 30 June 2024
11735.796
182,684
16.918.480
Pag¢ 12
corttinu￿...

PARACLETOS
NOTES TO THE FINANCIAL STA TEMENTS- tontinued
FOR THE YEAR ENDED30JUiYE2025
FIXED ASSET If4lVESTMENTS- torktinued
Analysis of investments
2025
2024
UK invesimcnt asgeis
Non UK inve￿ment asse
8.313,273
8.60i,207
7.746,458
16J96WO
16.918.480
There were no rnat¢rial individual investhiejjts. consideTed lo be wn]prising of 59/0 or more of the total irtY¢stsnenl&
Cost or va]uation at 30 Jun¢ 2025 is represented by-.
Cish gDd
settlements
pending
Listed
ithve5tments
Totals
Valuation in 2017
Valuation in 2018
Valuation in 2019
Valuation in 2020
Valuation in 2021
Valuation in 2022
VaIuation in 2023
Valuation in 2024
Valuation in 2025
Cost
14&5811
396,237
148J811
396237
395287
993,002)
1.996,126
13.198J541
(993,IK>21
1996,126
{3,198Jq4
909J63
1972.444
157,3801
1.972.444
157J801
15,524,390
540J34
l6J56,196
540,334
16,896,530
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Pwayments and accTued income
96.$27
72.896
CREDITORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR
2025
2024
Other crediiorg
268(VJ
26,326
MOVEMENT tN FUNDS
Net
movement
in fund$
At
30.6.25
At 1.7.24
Uhrtstricted funds
General fund
17,IMIL461
17,(KI3J28
TOTAL FUNDS
17.IMk2.46l
17,003J28
Page 13
continued...

PAIL4CLETOS
NOTES TO THE FlTriANCIAL STATEMENTS- contillued
FOR THE YEAR ENDED 30 JUNE 2025
MOVEMENT IN FUNDS- continued
Net Tnovemeni in fund& included in the abov¢ are follows..
Incoming
Resources
¢xpeDd¢d
Gains and
Its￿5
Movement
in fimds
U￿reStr1ded funds
General fund
)7,403
1241,6761
{64W)
TOTAL FUNDS
307,403
{241ffj76)
16é8fdl)
Cornparauves for movemtttt In funds
Net
Tnovemeni
in funds
At
30.6.24
At 1.7.23
Utjrestricted fund$
Gcneral fund
15,071.011
1,931,450
17,002,461
TOTAL FVliDS
15,071.01
,931,450
I7.IM)2.461
CompaTitive netmov¢m¢nt funds, included in the aknve ar¢ os follows..
Incoming
rwurc¢5
RegourLf5
expended
Gains and
[L￿seS
Movement
ill funds
Unre5tri¢ted funds
Gen¢r81 fvnd
231,580
1195,6581
1,895,528
1,931,450
TOTAL FUNDS
231,580
1195,6581
1.895.528
,931.450
io.
RELATED PARTY DISCLOSURES
There wert no related paty trdnsaction5 forthe Ye￿ ended 30 June 2025.
Page 14

PAK4CLETOS
DETAILED STATEMENTOF FINANCIALACTIVITILS
FOR THE YEAR ENDED 30 JUNE 2025
2025
2024
INCOME AND ENDOWMENTS
Investment tth¢ome
Inv¢slinent ponfolio income
Intercst on ¢&￿se1t1ttMelll
228.430
3.150
5ffj18
307,403
231.580
Totsl ttt¢oming resources
7,403
231,580
EXPENDITURE
Investment managcment tosts
Portfolio tnanagement
87,539
81.763
Charitsble activtties
tirants to instituiions
I45,{￿0
I10.(KN)
Other
Cunrncy105%sllgainsl
3377
11.4451
Support eosts
Other
AcLountancy and
360
3&)
Governanee costs
Auditors, T¢muneration
SAOO
4.980
Totsl resou￿5 ¢xp¢nded
241,676
195,658
Net in¢otne before gains and losses
6S727
35,922
ReAli$ed recognised gxins ¥nd105ses
Reali.vd gain&lllo%%eql on fixed asset investments
1.895.528
N¢t income
,931,450
Thi.4 page doe8 not forni part of the statutory firtanciai 5tatemenrs
Page 15