Chartty registration number 1165308 THE IAN MAIDENS CHARITA8LE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2025 THE IAN MAIDENS CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustses l G Maidens F Maidens A Cornw811 Charlty numbor 1165308 Princlpal address 105 Spice Quay Height¥ 32 Shad Thames London SE12YL Independent Examiner Mark Bailey FCA CTA TC Group 5th Floor 3 Dorset Rise London EC4Y 8EN Banke Lloyd5 Bank PIC 25 Gresham Street London EC2V 7HN THE IAN MAIDENS CHARITABLE TRUST CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities Statement of financ¢al position Notes to the financial slalements 6-11 THE IAN MAIDENS CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial statements for the year ended 31 March 2025. The a¢count$ have been prepared in accoidance with the accounting policies set out in note 1 to the accounts and comply with the Trust's trust deed, the Charities Act 2011 and 'Accounling and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland {FRS 102} leffeclive 1 January 20191.. Objectlves and actlvltles The Trust shall hold the capitsl and inwme of the Trust upon trust lo apply the income, and ai or such part or parts of the capital, al such lime or times and in such manner to. or for the benefit of, such exelusively charitable objects and purposes in any part of the world as the Trustees may in their discretion think fil. The Trustees have paid due regard lo guidance issued by the Charity Commission in deciding wh81 activities the Trust should undertake. Flnanclal revlew During the period under Teview, the Trust's source of income ￿er￿Ved from its investment portfolio, amounting lo £64,972 12024.. £57.7241 in total, together wlh a small level of donations received. The Trust made charitable donations during the year lolalling £48,000 {2024' £50,100> and each year has very little, if any, support and administrative costs. At the year end, the Trust's funds had increased to £1,250,037 12024". £1.195,4471, due primarily to rnovemenls in the market value of the inveslm&nt portfolio held by the Trust in the year. The funds available are Sufficient to permit the Trust lo continue in operation for the foreseeable future. Charities that received charitable donations from the Trust in the period under review were.. World Sight Foundation Barn Owl Trust Young Mind5 Trust Aclivileens Village by Village ￿mited Get Set Girls Twilight Kindness Young & Inspired Limrted Supportline Rayslede Centre forAnimal Weffare Workaid New life Nyambene Drama Expressions fci Children Kidshine Limited Hol Line Meals Service (London) Teenage Cancer Trust Friends for Families Isevenoaks) The Quest School Aid Orphans of Myanmar THE IAN MAIDENS CHARITABLE TRUST TRUSTEES, REPORT {CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 11 is the policy of the Trust lo maintain funds at a level in exces5 of expenditure. This provides lor sufficient fiJnds lo be available for all management and adminislralion costs as well as ensuring that adequate fund5 continue to be available for the costs of meeting the Trust's charitable activities. The balance held as endowment fvnds at the year end was £1,161,297 (2024.. £1.123.630} and the unrestricted fund was £88,74012024'. £71,817}. Al fvnds of the Trust a￿ held for ils general purposes. The principal risk faced by the Trust lies in the performance of investments and these are closely rnonilored. The Trustees continue lo assess the major risks to which the Trust is exposed. bul are satisfied that systems and procedures are in Pla￿ lo mitsgale exposure lo any major risks at this stage Structurei governance and managemgnt The Trust was established by a charitable trust deed dated 6 Septsmber 2015 and is a registered charsty wlh registration number 1165308. The Trustees who served during the year and up to the date of signature of th8 financial statements were-. l G Maidens F Maidens A Cornwell Meetings of the Trustees are planned lo be held periodically al which they agree the broad strategy and areas of activity for the Trust. The Trustees consider the board of Trustees as comprising the key management personnel of the Trust in charge of directing and controlling the Trust and running and operating the Tnjst on a day to day basis. All Trustees give of their lime freely and no Trustee remuneration was paid in the period. The Policies and purposes of the Trust should continue Ltnder the provision of the Trust Deed and the Trust aims to ntinue to meet ils charitable gbjects. The TfUStees' report was approved by the Board of Trustses. l G Maidens Trustee Dale.. THE IAN MAIDENS CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE IAN MAIDENS CHARITABLE TRUST I rep¢rt lo the Trustees on my examination of the financial stslemenls of The lan Maidens Charitable Trust Ilhe Trust} for the year ended 31 March 2025. Responsibllltles and basls of report As the Trustee5 of the Trust you are responsible for the preparation of the financial statements in accordance the requirements of the Charities Act 2011 (the 2011 Acll. I report in respect of my examination of the Trust's financial slalemenls ¢arried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515}Ib} of the 2011 Act. Independent examiner's statement Your attention is drawn lo the fact that the charity has prepared financial statements in accordance Tmlh Accountsng and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the A¢Gounling and Reporting by Charities-. Slalemenl of Recommended Practice issued on 1 April 2005 which is referred to in th8 extant regulations but has now been withdrawn. l understand that this has been done in Order for financial ststemenl$ lo provide a true and fair view in accordance th Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confim) that no matters have come to my attention in conne￿1*￿ with the examination giving me eause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by section 130 of the 2011 Act.. or the financial slalements do not accord wth those records; or the financial slalemenls do not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement that tho 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 lo whieh attention should be drawn in this report in order lo enable a proper understsnding of the financial statements to be reached. Mark Bailey FCA CTA TC Group 5th Floor 3 Dorsel Rise London EC4Y 8EN Dated.. ..l..4.. THE IAN MAIDENS CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted EndowThent funds funds 31 March 31 March 2025 2024 Notss Donations and legacios Investments 18 57,724 64.972 64,972 Totsl In¢ome 64,972 64.972 57,742 ndi Raising funds 49 Charitable aetivities {48,0001 148.0001 150,1001 Net gains I Ilossesl on investments 10 37,667 37,867 139,529 Net movgment In funds 16.923 37,667 54,590 147.171 Fund balances at 1 April 2024 71.817 1,123,630 1, 195,447 1,048,276 Fund balances at 31 March 2025 88.740 1,161.297 1,250,037 1.195,447 THE IAN MAIDENS CHARITABLE TRUST STATEMENT OF FINANCIAL POSITION ASAT31 MARCH 2025 2025 2024 Notes Fixed assets Investments 11 1,246,280 1,193.757 Current assets Trade and other receivables Cash at bank and in hand 13 2,000 3,777 3,690 5,777 12.000} 3,690 12,0001 Current liabilitles 14 Nel current assets 3,777 1,69CI Totsl assgts 10$$ current Ilabllltles 1,250,037 1,195.447 Capltal funds Expendable endowment funds Unrestricted funds 1,161,297 88,740 1.123.630 71,817 1,250,037 1.195.447 The financial statements were approved by the Trustees and 8ulhorised for issue on signed on its behalf by.. and are l G Maidens Trustee THE IAN MAIDENS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies Charity Infomiation The lan Maidens Charitable Trust is a charity in England and Wales. Its principal correspondence address is 105 Spice Quay Heights, 32 Shad Thames, London. SE1 2YL. The nature of the charity's operation$ and principal activities are sel out in the Trustees. Report. 1.1 Accountlng convention The financial stslemenls have been prepared in accordance wlh the Trust's IgoveTning do¢umentl, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102? and the Charities SORP A¢¢ounting and Reporting by Charities.. Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" {effective 1 January 20191. The Trust is a Public Benefit Entity as defined by FRS 102. Th8 Trust has taken advantage of the provision$ in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Slalemenl ol Recommend￿ Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred lo in the Regulations bul which has since been withdrawn. The financial stslemenls have been prepared under the historical cost convention. modified to include the revaluation of fixed asset investments at fair value. The prin¢ipal accounting policies adopl8d are sel out below. 1.2 Going concern Al the lime of approving the accounts, the Trustees have a reasonable expectation that the Trust has adequate resources lo continue in operational existence for the foreseeable lulure. Consequently the Trustees onlinue lo adopt the going concern basis of a¢¢ounting in preparing the accounts. 1.3 Charitable furids Endowment lunds are subject to specific conditions by donors that the capital musl b¢ maintained by the Trust. 1.4 Income Income ig recognised when the Trust is legally entitled to it, the amounts can be measured reliab￿. and it is probable that income ¥MII be received. Cash donations are recognised on receipt. Other donations are recognised once the Trust has been notified ol the donation, unless perform8nce conditions require deferral of the amount. 1.6 Expendlluro Liabilities are recognised as expendtture 89 soon as there is a legal or constructive obligation committing the Trust lo that expenditure, it is probablè that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including governance costs are allocated or apportioned lo the applicable expenditure headings. Govemance costs are those Incurred in connection wth the management of the Trust. organisational adminislralion and compliance with constitutional and statutory requirements. THE IAN MAIDENS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles Icontlnuedl 1.6 Non