Charlty No: l 164227 THE EDITH MARY CLARK FOUNDATION TRUSTEES. REPORT AND STATEMENT OF ACCOUMTS FOR THE YEAR ENDED 5 APRIL 2025
THE EDITH MARY CLARK FOUNDATION CONTENTS OF THE FINANCIAL sTATEmErs FOR THE YEAR ENDED 5 APRIL 2025 Page Trustees. Roport Indopond•nt Examlnors Rgport Sl•temftt of Flnanclal A¢tlvEtles Balance Sheet Notes to the Flnancial Statements
THE EDITH MARY CLARK FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED S APRIL 2025 LEGAL AND ADMINISTRATIVE INFORMATION Address of the Charity 21-23 Park Street Lylham Lancashire FY8 SLU Tmstees John David George Hinchliffe Christopher Neil Calvert Charity Number 1164227 SolECttors Vincents Solicitors 21-23 Park Street Lylham Lancashlre FY8 SLU Investment Cana¢¢ord Genulty 10B Clifford GoLFrt C¢K)per Way Parkhouse Cadisle Cumbria CA3 OJG Managers Independent Examiner Accountants Debbie Thorn FCA Champion Accountants LLP Unil 2, Olympic Court Boardmans Way itehills Business Park BkckrK)ol FY4 5GU
THE EDrrH MARY CLARK FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng documgnt The charity was established by a Trust Deed dated 17 Ociob8r q996. The Trust was registered wrth the Charty Commission for England and Wales on 2 November 2015, Registered Number 1164227. AppolntmÈnt of trusteés and thetr Induction and tralnlng The Trustees appointed by the Deed were Edith Mary Clark and Ri¢hard Newell Hardy. Edith Mary Clatk was rgplared by John David George Hinchliffe and subSequenY died on 3 September 2014. On 10 March 2017, Richard Newell Hardy was replaced by Christopher Neil Calvert. The Trustees have the power to appoint nèw trustees. Rlsk management Th? Truslees have considered possible risks lo the charity and concluded that by the nature of the activitY&s no significant exlemal risks exist The Trustees review their Risk Management Policy regularty. OBJECTIVES AND ACTIVITIES The object of the Trust is to pronM)te and support any exclusivety charitable purposes or charitable objects Sn the United Kingdom or in any other part of the wortd as the Tnjstees in their discretion think fit, but with the Lancashire area beino given preference in accordance with the selllols wtshes. PUBLIC BENEFYf DELIVERY As a grant making Charity. the Trustees make grants to other legalty constituted charities. The grants we make are not restrlcted in any way and all beneficiaiies are considered with a view to benefit charities whh themselves deliver publk benefi'L The Trustees have referred lo the guidan wntained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future objectives. ACHIEVEMENTS AND PERFORMANCE Grants totalling £38,49012024.' £28,850) havè been made during the period. with all of these gTants being made from incL¥ne. The resmdue of in¢omo has been added lo reserves. FINANCIAL REVIEW Reserves Pollcy 11 Is the policy ol the charity to maintain unrestrtcled fijnds, which arè free reserves of the eharty, at a vel ihal provides suificiènt funds lo cover grants payable and administration costs and to respond to emergency applutions for grants which arisg from time lo time. Unrestricted funds were maintained at similar levels throughout the year.
THE EDrrH PIARYCLARK FOUNDATIO TRUSTEES. REPQRT FOR THE YEAR ENDED 5APRIL 2026 IN&1Mnts The InvesfmÈnt policy adoptedls b provlde & bdan¢tsd Tetum ol Incoma and capltal whlbt acceplkng mod8rnt8 81 ol r15k. R8gulaf rgports are Tecelved fmm Canaccord Genuity Webth Managomnt whlch keep the TFusl98s Infom)gd on Ihe PTOBFQSS o(Ihese investunts. Th8 invest1r1 weld was 3.22% a¢eordlng io the stockbrok8P5 Yaluauon at S April 2025. STATEMENT OF TRik8TEES' RESPONSIBILMES Th8 Tru$tses Bro TrEponsllAe for prepartng th¢ TfuBlegs' AnNal Roport 8nd lh8 fftnanclal 8tstsments In accordance with Bpplcabl¢ Iw and Unmed Kitigthm ACCO SIAndard6 {Urbllgd Kkngdom Genwèlty Accepted Accountlng Pfxll59). Tho law appllcablè lo ¢hg1iti98 In En9lend & Wales requires Trte6S to wepwe ffnenclal ststemBnts for B8ch flnanclal year whbh gwe a Iwè and f8lr vlew of tho stal6 of affa8 of ¢hortty and d Ihe Incomlnu rtsourceB awlcatbn of roSOUTce8 Of thè chaiity at that perSod. In preparin9 these flnanclal stalEmEnts, thè Tru5Lges are Tequlrod to'.- sek¢l SUItab Accounllng and thgn apply them eoDSi%teftty: ob5èNè thè m6thod8 ond prfnclple5 In Ihe CharlttBS SORP. make Sudgements aml estlmales that are rnasongbla and pwd6n( Slate whether applleable accounfing standgrd$ hav8 been folk)wed. 8ublect to any rllatCTial depgrture$ dls¢losed axpLqlned k7 th8 fknancw 8talemt8: Prepare th8 financlal Slate[entS on th8 goSng concem ba51s unless 11 is aPppal8 to Presume Ihallhe iarily WWI eon11n In operallon. Thè Trustees rasponslble for ke8pfng proper accouTrtuw records that dt8cksB wllh reasonable Ac¢urgw, &t any thn8, the Ilnanc121 wsitl(In of Iho ¢horfty and enable them to ensLrrn that thè finafttial $iatèm&nts COmY wilh the CharfitBs Act 2011 and Accounling and Repcffting by Charitles.. Slalement pf Recomm8ndad Pra(Ibg ¥pplIcab lo ehatltla8 prep8$1n9 thek acuunts In acwdane& wth th& FSranclal RepDrthg Standard appkabte In Ihe UK And Republk ol Ireland IFR81021 las èm¢nded for 8ceouftting pertod5 convn9nong 1 January 2019), and the provL5iQll6 Ottht Irustdead. Thw aTe ak? re¥ponsllA8 for safeguarding Ike as$ots ol th? chaty and hence for torVJ reawn8ble steps for Ihe wevénuon and deioctl)n of frad and other trrÈgularftl&s. Thls report haE baan pPer9d In 4CcUrda w4th fhe Slat•m*nt of RecoTrtsmend8d Pra¢llGO - counung and RepoTUng ty GhaTitss. Thls polIal approved by the Thslees of Ihe chaHty on 8&ned on Its tehaLI. J D G Hlnchhff6 Dalè,.
THE EDITH MARY CLARK FOVNDATK)N INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025 I report on the 8¢counts ot the chaiity for Ihe period ended 5 April 2025 which are set out on the pages that loll()w. Respectlve responslbllltles of thg trustees and the Independènt éxamlnèr The charity's trustees are Tesponsibje for the the prepaiatiDn of the a¢counts. The charity's trustees consider that an audit is not required for this period under section 144{21 of the Chaiilies Act 2011 (the 2011 Act). and that an independerit examination is needed. .It Is my responsibility lo.. examine the ac¢ounls LFnder section 145 of the 2011 Act,. follow the procedu5 laid down in Ihe general directions given by the Charity Commission under section 14515}Ibl of the 2011 Act., and state whether partictElar matters have come to my attention. Ba$ls of Independent examinerf$ report My examination wa5 carried out in accordan with the general direcb.ons given by the Chafity Corrwnission. An indepèndent examinalKkn includes a review of the accounting i@cords kept by the charity and a comparison of the accounts presented with those rvords. It also incfudes consideration of any unusual items or disclosures in the accounts, and seeking the Trustees eonceming any such mattels. The procedures undertaken do not provide all the evidence that would be required in an audi( and consequendy no opinion is given as to whether the aocounts present a "true and frair vievl, and Ihe report is limited lo those malters set out in the statement below. Independent examlnerfs statement In the COLtrse of my examination, no matter has come to my attention" 11 whKh gives me reasonabl¢ Cause lo believe that, in any material respect, the requlremenls.. to keep COuntIng records in accordance with section 130 of the 2011 ACL and lo prepare accounts whÉch accord with the COunting records and comply with the accounting requirennts of the 2011 Act have not been mel., or 2} which, in my opinion. attention should be drawn in order to enable 2 proper UJerStandlng of the accounts to be reached. D L TkL(>rn1 Debbie Thorn FCA Champion Accountants LLP Blackpool Date..
THE EDITH fMRY CLARK FOUNDATION STATEQAENT OF FINANCIAL ACThllTIES FOR THE YEAR ENDED S APRIL 2025 Expondable Endowmont Umrestrlcted Fund Fund 2025 Totsl 2024 Total Incoming Resoufces Investrnent income Bank interest {gross) Nel Rental Incom& Profil l {Lossl on sale of Investments Total Incoming T•soureés Not¢ 49,798 391 49,798 391 44,992 912 116 74.231 74,231 {8621 Charitable expenditure 'Legal charges- General Accountancy charges -Generdl Independent Examiners fees Grant Adverts Bank charges Investment management charges NFU Mutual Insurance Land Expenses- P Wilson 2.250 1,440 6,750 4,320 9.000 5.760 9,000 5,520 810 60 95 95 8.39LI 8,390 476 360 6.757 476 360 Charitable donations 490 Total resources expended 002 Net Incomlng resources Other reGognised gains and 19s$e$ Realisedlunrealised gainslllossesl on investment assets 82,151 11,1421 61,009 15,844) 103 042 105 660 140,891) 170058 {1,142) 142,0331 99,816 162809 Fund balances brought forward Fund balances carrled forward
THE EDITH MARY CLARK FOUNDAMON STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 5 APRIL 202S 2024 COMPARATIVE SPLIT Expendable Endowmtnt Unrestricted Fund Fund 2024 Total Incomlng Rosourcès Current period.. Inveslfflent income Bank interest Igrossl Net Rental Income Profit l (Loss) on sale of investments 44,992 912 44,992 912 116 116 {8621 {862) Total incoming rnsourcès Charitable pendlturo Legal charges- General Accountancy charges- General Independent Examiners fees Grant Advorts Bank chaiges Investment management charges Char¢table donations 2,250 1,380 6,750 4,140 810 60 9,000 5,520 810 60 6,757 6,757 28,850 28,850 Totsl resources expended Net incoming resources Other recognised galn$ and105ses Realisedlunrealised gainslllosses) on investment assets {11.2491 5.405 15,844) 105660 105 94,411 5,405 99.816 21921 LfiaL99 Fund balances brought forward Fund balances Carried fovNard
THE EDITH MARYCLARK FOUIIDATIOM BALANCE SHEgr A3 AT 5APRIL 2025 E)endabl0 Endowm•nt Unre8trktod Fund Fund 2025 Total 2024 Total Fixed assets InvoslmEntE land al Wr8a Gr••n 1,636.944 1,538,944 1.681,204 Currnnt 08Mts CaBh al Balk Cash at ID¥6Ékn))8nt Mwr Incomg t4x repayab reGeknbr 3.579 21,IM6 8,120 333 24,625 8.120 333 18,071 13,687 333 Crèdilors Amounts falh.ng due thIn onayeaf Netcurrent a51(Aab11l11trE1 Loan$ l)etwgen lunds 28.1B4 Net a¥18 Fund8 The ffirtanciaj 5taiemBnts were a¥wroved bythe Tru8lee& on and slgned on Ih21r behalf by: J D G H£nohllffè C N Calvert
THE EDrrH WIRY CLARK FOUNDATION NOTES TO THE ACCOUMTS FOR THE YEAR ENDED 5 APRIL 2025 1 ACCOUNTING POLICIES Basis of accounting The Accounts have been prepared under the histDrical cost convention and in accordance with the Accounting and Reporting by Chariiies.. Statement of Recommended Practice applkable lo charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the United lQngdom and Republic of Iroland {FRS 1021, the CharttÈes Act 2011 and UK Generalty Accepted Practice as il applies from 1 January 2019. The financial stalements of the charity, which is a public benefit entity under FRS 102. have been prepared in accordance with the Chartties SORP IFRS 1021 'Aeeountino and Reporting by Charities-. preparing their accoLtrnts in accordance with the Financk81 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial Reporkn"ng Standard 102 'The Financial Reporting Standard applicable in the UK a1 Republic of Ireland, and the Charities Act2011. Income, divldend and deposft Interest Dividend income is accounted for on the dale the dividend is payable. Deposit interest and grazing rent is accounted fw on a reIpts basi%. Investments Investrnents ai8 slated al market value. Investment income is credited lo the incDme fund on an accruals basis. Expenditure All expenditure is aCLInted for on an accruals basis. 2 GRANTS PAYABLE .Grants payab are accounted for on an accruals basls. Grants this period were mainly paid in accordance with wishes expressed privately by the selllor to the Trustees. In future, grants will be made following an application by a registered charity. Endowment fund5 Incoming resouTces from endowment fvnd8 are unreStr1ed. Income is treated as an endowment where expenditure of income or Capital is al the discretion ol th8 Trustees. Income is recognised when the Charity is entitled lo it.
THE EDrrH MARY CLARK FOUNDATION NOTES TO THEACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025 3 TRUSTEES REMUNERATION AND EXPENSES No trustees iecelved Muneration or expenses. Mr J D G Hinchliffe was an employee of Vincent Solicitors Limited. £9,000 12024.. £9,000> was payable durSn9 the year lo the firm by the charty for services carrEd out on behalfof the trustees. Mr C N Calvert is a director of Rushtons (NW) Limited TIA Rushtons Chartered Accountants. £5,760 {2024: £5,520) w8s payable during the year lo the firm by the charity for seNiS carried out on behalf of the tfustees. £3,300 was outslandiThJ at the year end. 4 CHARITABLE ACTIVITIES Grants paid lo registered charities from income: Sl Nicholas Singers Vilkge Choir Bc>llon Lads & Girls Club Lancashire Teaching Hospitals Chariiy Lancaster Roman Catholic Diocesan Tru51ee Frecklelon Village Singers Ffiends of Lytham Railway Sialion FIndS of Newton Community Park Newton Bluecoal CE Primary School PCC Ki¥kham Qrkham Town Council- Ktrkham in Bloom St Annes Lawn Tennis & Squash Club Lancs Wesl D of E Unit (Girtguidingl Christ Chuich Wesham Clubday 2nd Ffeckleton Guides 2025 2024 1,ODO 1,000 1.000 1,000 600 1,txio 7.(xJo 3.000 600 soo 500 1,000 300 1,500 1,000 500 500 1.000 1.000 500 The Fylde Food Community Hub Ki¥kham Singers Community Choir 2n& lfjrkham St Mrhaels Scout Group NewEDn. Clifton & Salwknk Field Oay Lytham Heritage Group Sense Preston Opera Preston Arts Assoclalion Rosemere Cancer Foundation Smile {Presbnl AA Dan Events Ataxia UTC Blackpool and Fylde Street kngeis BFa¢kpool POSA 1,400 850 500 750 1,000 1,000 750 500 1,000 2.000 8C 1,000 1,500 500 510 Balancè clfwd 11,310 21,850
THE EDITH fblARY CLARK FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED S APRIL 2025 Baknee bl@Kd Friends of St Annes Railway Station RS Outside Catering D Day 80th Anniversary Wrea Green Cricket Club Wrea Green Field Day Frèsh Food 4 Working Famllies Connect Community Groups CIC Freckleton Music Festival Friènds of Treales COE School Kirkham Gultural Consortium Medlar Wesham Primary School Ormskirk Communlty Partnership Revitalise Respite HolSdays Sl Annes Weslby Mills Sl Nicholas Church Of England The Breakthrough Brea51 Cancer Charity Th& Brit15h Heart FOUndaOn The CounGil For The Piolection Of Rural England The Guide Dogs for the Blind Assoclalion The Memory Cafe The Royal Society for the Proknlion of Birds The Trtnity Hospital in the Fylde Weelon Vil*e Hall 11,310 21,850 500 1,000 1,000 2,500 2,000 330 2,000 800 500 1,QOO 1,000 2,000 500 500 1,000 4,000 3,000 1.500 1.500 1,500 550 1,500 1,500 2,500 Chayiiable Donations S CREDITORS 2025 2024 Rushtons Champion 3,300 840 3,000 810 10