Handelsbanken
p.alth & Asset Manage.iiip.rrt
THE AJS CHARITABLE TRUST
REPORT AND ACCOUNTS
Year ended: 5 APRIL 2025
10112G

THE AJS CHARITABLE TRUST
INDEX
Year ended S Aprtl 2025
Pagè
General inlormalion
Report of the Iruslee5
Slalemenl of trustees, responsibililios
Indepèndent Examingr r¢porl
Slalemenl of financial activities
Balance sheet
Cashflow statement
AccA)unling policies
10- 11
Notes lo the financlal statements
12- 15

THE AJS CHARITABLE TRUST
GENERAL INFORMATION
Year endod 5 April 2025
Trustèes
Jason Hood
Chew Hood
AndreN John Gossage
Accountsnl
Handelsbank8n We8lth & Asset Management
77 Mount Ephraim
Tunbridge W8115
Kent
TN4 8BS
Independent Examlners
Gibson Booth Chartered Accountants &
sktutory Auditors
New Court, Abbey Road North
Shepley
Huddersfigld
HD8 88J
Registered charity number
1166221

THE AJS CHARITABLE TRUST
REPORT OF THE TRUSTEES
Year ended 6 Aprll 2025
The Injstees present their report with the fin8n¢lal ststements of the charity for the year lo 5 April 2025. The trustees
have adopted the provisions ol Accounllng and reporting by Charities.. Statement of RecorFimended Pfaclice applicable
to chaii14os preparing their accounts in accordance with the Financial Reporting S18ndard applicable ia ihe UK and
Republic of Ireland IFRS 1021 leffeotive 1 January 20191.
Object and activlties for the publlc beneflt
The object of the charity, under the temis of the trust d8ed'.
To pay or apply Ihe capital and income held by the trust lo or towarijs or lor the benolil or furtherance of
such ¢h8rilable purposes or charitable organlsations (whether corporate or unincorporaledl al SL￿￿ time.
in such manner and In such proportions as the Iruslees may from lime to time determine.
The trustees musl use the income and may use the capita10l the ch8fily in promoting the Objeds.
The trustees confirm that they referred to the guidance contained In the Charity Cornmission's generql guidance on the
public benefit when reviewing the Irvst's aims and objecllves and in planning future activities and setting grant making
policy lor the year.
Financial Review
Unrestri¢ted funds
Incoming resources f¢x Ihe year 8mounl8d to £114,033. Grants of £81,223 weie made and 5UPPOrt cost amounted lo
£5,052. This compares with incoming resoLirces of £108,248. Grants or £105.336 and support costs of £5,84S in the
previous year.
The unrestricted fund ba18nce was £138,13812024.. I[￿67)51 the balance she81 dale.
Restricted funds
A restricted fund donation of £43.313 was feceived In the year and the same amount was paSd out as a grant. This
compares with a r¢slrlcled fund donatlon of £70,000 and the same amount paid out as grant in the prevK>us yeai.
The reslricled fund balan￿ was £nll12024.' £nlll al the balance sheet dale.
Expendable endowment
Expendable erKJowmenl stood al £3,913.131 {2024'. £3,￿fj,236} al Ihe b81ance Sheet dale.
Principal funding source
The principal fundiftg source compTises gifts from the Iruslees of the charity and ffom investment income.
Investment policy and objectives
The Iru51ees have agreed a medium Fisk profile.
Reserves policy
The truslees aiFn to maintain the endowment lund at a18v81 lo providg a 5uffl¢lenl capital base lo generate an incomo
vel sufficient lo maintain the level of grant making planned In the future. The trustees are $811slied wqlh the Current
lovel of reserves.

THE AJS CHARITABLE TRUST
REPORT OF THE TRUSTEES
Year ended 5 Aprll 202S
Structure, governance and management
Constitution
The AJS Charilabla Trust is consliiuled by Deed of Trust daled 10 08￿Mber 2015 and is a registered ¢harity.
Number 1166221.
Trustees
New trutslees may be appointed by the exi51ing Ituslees by virtue ol a power cont8ined within the trust deed.
The trust deed provi(Jes lor a minimum ol three Iruslees.
Governing document
The charity is controlled by ils goveming do¢umenL a deed of Itusl and constilules an unincuporaled charity.
Recruitment and appointment of new trustee
New Iruslees may be appointed by the exisling Ituslees ty virtue of a power Gontain8d wilhin the trust d¢ed. A minimum
of thie& trustees is required by the trust deed.
Org4nisation structure
The trustees musl hold at leasl two ordirbary meellngs each year. Al (htss8 meetings, the trustees agree broad
slialegy and a¢livlly tor the Irusl, includlng consSderalion ol grant vnaking, Investments and reserves.
Induction and iralning of new trustees
On appointment, new trustees must expressly ackno￿edge hi5 or h8r acceptance of office ol trustee ol the Charity. lft
selecting new Iruslees, the trustees must have regard lo Ihe skills, knowledge and experience needed for elfeclive
administration of the chaTily. New trustees are provided wSlh a copy of the Irusl deed and 8 copy of the charf(Is laiest
report end a¢¢ounts.
Risk managèment
The Irustees have asstrssed the risks lo which the charity mighl be exposed and consider them to be minlmal. The
trustees have 8ddressed such risks that exist.
Approved by order of the trustees on..........
.2nd signed on its behalf by..
Jason Hood - Trustee

THE AJS CHARITABLE TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
Year ended S April 2026
Trustees, responsibilities in relation to the financial statements
The Iru51eès a￿ responsible for preparing Ihe Report of the Trustees and the financial 51alemenls in accotdanee wlh
8pplicable18w and United Kingdom Accounting Standards (United Kingdorn Generally Accepted Accounting Practice).
The law appllcable to charlltes in Englgnd Wales requires the Iruslees lo prepare Ilnanclal slalemen15 for each
Ilnan¢ial year whi¢h glve a Iwe and fair view of Ihe slate of affairs of the charlly 8nd ol the Inwtning resource5 and
applKalon of resources. induding the income and expenditure, of the charlly for Ihal perS0d.
In prgparing Ihe5e fi'nancial statements. the trustees are required to..
select suitable accounting polioi8s and then apply them consistenlty.,
observe the meih(xls and princlples of the Charities SORP 2018 (FRS 1021..
make judgements arHY aciy)unling eslimale5 Ihal are reasonable and prudent..
state ￿ether applioable accounllng standard5 have been followed
prepare the fingncial statements on the going concern basis unless il is inappropri810 to piesume that
the charilywill conllnue in business.
The Iru51ees are responsible for keeping accounting records whid) disclose with reasonable accuracy the financial
position of the charity and 8nable Ihern to ensure that the linancial statements comply with the Charities Acl 2011,
the Charity (Accourils and Reptsrtsl Regulations 20Q8 and Ihe provisions of the trust d8ed. They are a150
responsible lor safeguarding the asse15 of the ch8rty and hence for taking reasonable steps for the prev8nlion and
detection ol fraud and other irregularities.

THE AJ8 CHARITABLE TRUST
INDEPENL)ENT EXAMINER'S REPORT TO THE TRUSTEES OF THE AJS CHARITABLE TRUST
Year 8nded 5 April 2025
I report lo the charity Iruslees on my examination of the accounts of the chartly for Ihe year ended 5 April 2025 which are
sel out on pages 7 to 14.
Responsibilitie5 and basis of report
As the ch8ritrfs Iruslees, you are reswnsible for the preparation ol Ihe accounts accordance wlh the requirements of
The Ch8rilies Act 20111'lhe Acl'l
I re￿rt in respecl of my examinalitin of the trust's accounts carried out under so¢1ion 145 of thè Act and In
carrying out my examina1ion, I have followed all the applicable Directions given by the Charity Commission under Section
14515llbl of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no mal8ri81 matters have come to my attonlion in connection wth the
examination giving me cause lo believe that in. any material respect=
l. the accounlw¥J records were not kept in respoct of Ihe charity as required by section 130 of the Act, or
2. the accounts did not accord those records,. or
3. the accounls did nDI cO￿pIY with the Bppllcable reouirements ¢onoerning the form and conlenl of the
accounts sel out in the Charilles IAccounis and Reports) Regulations 2008 other that any requiremeril that
Ihe acc(xJnls give 8'IAJe and fai¢ vlew which Is not a ma118r considered as part ol an independent
examinallon.
I have no concem5 and have come across nD olher matters in connBGlion ￿th Ihe examinalDn lo which attention should
be drawn in this report In order to en8ble a propel understanding of th6 atcounts lo be reached.
Signed
Pathtk HÈ8ton (Feb 4. 2026. 1 38pml
Patrick Healon FCA
Independent Examlner- The Institute of Chartered Accountants in England & Wales IICAEWI
for and on behalf of
Gibson Booth
Chartered A￿UntantS
New Court
Abbey Road North
Shepley
Hudderslield
HD8 8BJ
04 Feb 2026
Dale

THE CHARITABLE TRUST
STATEMENT QF FINANCIAL ACTIVITIES
YeaT ended S April 2025
Unreslficted
Incomè
Fund
Restricted Expendable
Income Endowment
Fund
Fund
Total
this year
2025
Total
last year
2024
Irestatèdl
Note
Incoming resources
Voluntary Income
Donations
34,6SO
34,650
376.OOD
Tax refund due on gift aid
8,663
8,863
94,000
Investment income
114,033
114.033
108,248
Total incoming resourses
114,033
43.313
157.346
578,248
Resources Èxpended
Cost of gener8ting fvnds
Investment m8naoemenl cosls
Charit8ble achviti6s
Grants made
37.910
43,313
81.223
105.336
Govemance cosl
Independent examination fees
TIus1 accountingllax claims fees
Professional fees
1,440
3,600
1.440
3,600
1,380
1,332
Bank charges and lax pen815es
Total iesources expènded
12
42,982
12
80.275
43,313
Nèt incominglloutgolngl resources
before transfers
Gross Iransffjrs between funds
71,071
71.071
467,067
71,071
71,071
467,067
Net incomelloulgoingl resources before
other recognised gains and losses
Other recognised gains and losses
ILos5esllgain5 on investment assets
Net movements in funds
153,1051
(53,1051
153,105
17,966
18,685
45S,382
71,071
Fund fjalance brought forward al 5 April 2024
las previously stalodl
42,067
4,041.236
4,083,303
3,649,921
Prior year adjuslmenl
Fund balance brought forward at S Aprll 2024
Irestalecsl
Fund balance carrled forward at S April 2025
25,000
67,067
75,000
3.966,236
50.000
4,033,303
75,000
3,af74.9?1
138,138
3,913,131
4,051.269
4.033,3Q3

THE AJS CHARITABLE TRUST
BALANCE SHEET
As at S April 2025
Total
this yèar
2025
Total
last year
2024
Irestatedl
Notè
Fixed assets
Inveslmenl al m¥rkel value
2.136,201
2,159,915
Current asset5
Debtors
8.663
Cash al Handelsbanken
Cash al Handelsbanken Wealth & Asset Management
1,944.950
159
1,940,700
Creditors.. amounts falling dtse w¢lhin one year
138,7031
143.8501
Net currènt assets
1,915,068
1,8Q8,388
Total assets less current liabillties
4,051.289
4.058,303
Creditors.. amounts 1811ing due 8fler one 5ga
125.0001
4,033.303
4,051,269
Funds
Expendable endowment fund (note g)
Restricted Incotne fund Inole 91
Unreslricled income fund (note 91
3.913.131
3,966,?36
138,138
4 051,269
67,067
4.033.303
Approved by order of the Iruslees on.
and sloned on Ils bghalf by..
2.6.1 ':/ t6...............
Jason Hood- Truslee

THE AJS CHARITABLE TRUST
CASHFLOW STATEMENT
As al S April 2026
2025
2024
Ire$tatedl
Net income for the year
71,071
467,067
Adjustments for
Interest snd dividenijs
Oeere8selllncreasel in debtors
Incre95elldecreasel in creditors
1114,0331
18,6631
130,1471
1108,2481
135.8931
Cash flows (used inllfrom operating activities
181,7721
322,926
Cash flows from investlng activities
Interest and dlvldends
Proceeds from sale of investrnents
Purchase of investments
114,033
lQ8.248
129,3911
139,7771
Net cash used bylfrom investing activities
84,642
68,471
Change in cash and cash equivalents
Cash and cash equivalents brought forward
Cash and cash equivalents carfied foNard
2,870
1,942,239
1,945.109
391,397
1.550,e42
1,942,239

THE AJS CHARITABLE TRUST
ACOUNTING POLICIES
AS at 5 April 202S
Basis ol preparing the financial statements
The financial slalements of the charily, which is a public benefit enlrfy under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021"Accounling and Reporting by Charilies: Statement of
Recommended Practice applicable lo charitie5 preparir¥J their accounls in a¢¢ordance with the Financial
Reportino Standard applicable in the UK and Ihe Republic of Ireland IFRS 1021 lefleclive 1 January 20191",
Financial Reporting Slandard 102 'The Financial Reporting Slaridard opplicable in the UK and RepublSc ol
Ireland" and the CharS1ies Act 201 l. The finallG131 slalements have been prepared on a golng concern basis
and under the h151orical cost convention with the excepllon ol inve51menls ￿leh are included at mBrkol value.
as modified by Ihe r8valu8lion of certain assets.
Going Concern
Ther8 is no material un¢ertainll8s aboul the charily's 8bililylo remain a going concem.
Income
All income is rec￿nISed in the Statement ol Financi81 ACINI￿.es once the charity has enlillemenl to the funds,
is probable thsl the income wll be received and the amount can be measured reliably.
Expenditure
Liabilities a￿ recognised as expendllure as soon as there is a legsl or con51iuctive obllgalion Gommitllng Ihe
charity to that expendirure.ll Is piobable that a Iransler ol economlc benefits wll be fequir6d in settlement
the amount of the obligation can be measured reliably. Expenditure is aocounled for on an accrua15 basis and
has b86n classified under Ihe headinos that aggr$g8te all costs ielated to the calegoiy. Where costs cannot be
directly attribulea lo particular hoading5 they have been alkJGaled lo aclivales on a basis consistent wlh Ihe
use of resources.
Grants offered subject lo conditions vthich have nDI been met al the year end d81e arè noted a5 a commitment
bul not a¢cr￿ed as expenditure.
Taxation
The charity is exempt from tax (m its charitable aclivilies.
Fund Accounting
Unrestricted funds can be used Sn accordAnce with the charitable oblocllves al th8 dlscr8Ion of the trustees.
The expendable endowment fund has been inv6sled lo prlmarily produoe income although the Iruslees may
use the fund for charitable purposes il required.
Reslricled funds can only be used for a perticular reslrfcled purposes wilhin Ihe objects of the charily.
Reslrklions aris& when specified by the donor or when lunds arg raisèd for particular re51ticled purpose5.
Foreign Currencies
Assets and liabilities in foreign currendes are translated into sleding al the rates of exchange rijling al Ihe
ba18n¢e sheet date. Transactions in ftsreign currenc￿$ are translated into slertlng al the rale of exchange
rultng al the dale ol transaclion. Exchange differences are taken into account in afriving al the operating
resuS1.
10

THE AJS CHARITABLE TRUST
ACOUNTING POLICIES
Iconlinuedl
As al 5 April 2025
Investments
Inveslmenl are shown al market Value al the balance sheet dale. All gains or10sses on the rev8lu8kn.on 01 on
dlsposal are included in the Stslemenl of Financial A¢tivllies
Investment incofne is recognised as receivable.

THE AJS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
As al S April 2025
2025
2024
Unrestricted Resticted
Tolal
IieslalEd)
1 Income
Gill donation
Cheryl Hood
Jason Hood
Andrew Gossage (Reslricledl
320,000
34,650
34,650
34,650
34,650
376.000
2 Investment income
Handelsbanken interest
Portrollo deposit interest
Unlt trust dislribulion5
84,642
68.472
29.391
114,033
39,777
108,248
3 Investment management
4 Grant6
Cardinal Heenan Calholic S¢hoDI IReslri¢iedl
Explore Learning
Imp8¢tledl
Aur£s Tech
School Reviewer Limited
43,313
29.360
3,768
3,582
1,2
70.000
5.659
1,194
81,223
105.336
5 Governance fges:
Independent Examiner5 fees lor 2024125120231241
Accountancy fees lor 202412512023124) (Handelsbanken Wealth Wll
Preparation of 2025 Annual Return IH8ndelsbanken Wealth Mgll
Preparation ol gill aid claims
Assisting with 2021122 Audit
1.380
1.948
732
440
1,332
2,808
528
5.040
5.632
12

THE AJS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
As at S April 2U25
2025
Iiesldledl
6 Analysis of Investmeni
Mkt Value
Mkt VJliie
81 year end al yeai. eiid
LF Hb 8alanced Responsible MAF D Acc
LF Hb Balanced Responsible MAF I Acc
Total
1.363.947
772.254
2,136,201
1,378,107
781,808
2,159,915
The historic cosl ol these inveslmenls was £2,387,21812024.' £2.337,8261
8 Analysi5 of Investment continu•d
Fixe(l a$$gt investments
Market value
Carry (markell value at beginning of year
Add Addilions at cost
Less disposals at carry value
Addlldeducll net gainlllossl on disposal
Addlldeducll net gainlllossl on revaluation
Carry Imarkell value at end of year
2.159.915
29,391
2.128,823
39,777
53,105
2.fj36.201
8,685
2, 159,915
7 Debtors
Oulslandlng gift aid refunds
8,663
8,663
8 Creditors.. amount fallillg due within one year
Independenl Examiners fees for 2024125 (20231241
Accounlan¢y fees lor 202412512023124)
PrepaTalion 012025 Annual Relum IHan¢elsbanken Wealth Mgll
Pieparalion ol gill aid claims
Donalion cornmilmenls
1,440
2,808
528
264
33,663
36,703
1,380
1,464
908
36.500
43.850
Crediiors.. amount falling due after one year
Donallon commitrnenls
25.000

THE AJS CHARITABLE TRUST
NOTES TO THE FINANCSAL STATEMENTS
As at 5 April 2025
9 Analysis of Funds
Al
Prior year
At
06-Apr-24
adjuslmenl 06-Apr-24
{as previously slaledl
Irestatedl
Income
Expenditure Gainsllosses
& transfers
05-Apr-25
E'xpondable
endowment funds
4,041.236
175,0001 3,966,238
(53,1051 3.913,131
Reslrlcled incorne
funds
43,313
143,3131
Unrestricted
funds
42.067
25,000
67,067
114,033
{42,9621
138.138
50,000
4,083,303 a 4.033,303
Al
Priorye8r
Al
Q&Apr-23
adjusiment 06-Apr-23
las previously sl*edl
I￿stated)
Income
Expendrture Galnsllosses
& transfers
05-Apr-24
Irestaledl
Expendable
endowment funds
3.849,921
175,0001 3,574.921
400,000
18,8851 3,988.236
Resiricled Income
funds
70.000
{70.000}
Unreslricled
lunds
108,24B
(41,1811
67,067
75,000
3 574,921
111 181
8,685
4,033,303
Unrestricted funds are available for use al the discrellon ol Éhe Iiuslees in the furtherance of the geneial
charitable objectives,
Re51rtcted funds ar6 for donations which 8re provlded for a reslflcted PUfPOSe.
Expendable endowment funds are primarily invested to produix income bul may be used to fund
chaiilable puiposes.
14

THE ￿s CHARITABLE TRUST
NOTES TO THE FINANc￿L STATEMENTS
As at 5 April 2025
10 Analysls of Net A$5ets between Funds
Funcf balances al 31 March 2025 are represented by..
un￿$￿'Cle￿
Income
Fund
Restricted Expendable
Incom2 Endowment
Fund
Fund
Total Funds
Fixed assets
Current assets
Current li&bilities
2,136,201
1,776,930
2,136,201
1,953,771
138,7031
176.841
138,7031
Total nel assets
138,138
3.913,131
4.051.269
Analysis of Net A55ets between Funds
Fund balances al 31 March 2024 are represented by..
Unreslricl$d
Funds
Reslricled Reslricled
General Fixed Asset
Funds
Funds
Total Funds
Tan9ible fixed assets
Current assets
Current118bS1illes
Non current li2bl1it￿S
Total net assfjls
2,159,915
1,806,321
2,159,915
1,942,238
143,850)
135.917
143,8501
25,QOD
67,067
3,966,236
4,033,303
11 Related Party Disclosure5
During the ye8r Mrs C Hood did not make any donations lo the chariiy12024- Mrs C Hood- £400,000 Induding gill
aid)
Mr A Goss8oe made a donation of £43,313 includlng Gift Ald12024 - £70,000).
12 Staff costs and Trustees. Remuneration and Benefits
Theie were no employe85 01 the charity during the year. The trustees received no remuneration and were
not reimbursed for any of the expense5 In the year.
13 Prlor period adlustment
A prior perlod adjustment was made to recogrnise orant commitmen15 which were macte In previous years, and
Ihorefore needed recognising in Ihe a¢counls. This adjustment increased nel incom8 in the prior year by £25,000.
and in 2023 ieduced nel in¢ome by £75.000. As a result, reserves at 5 April 2024 weie £50,000 less.
15


## **Issuer** 

Gibson Booth 

**Document generated** Wed, 4th Feb 2026 12:43:19 GMT 

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## **Audit history log** 

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Wed, 4th Feb 2026 12:43:19 GMT Wed, 4th Feb 2026 12:43:20 GMT 

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