|tdpl<br>CHARIIYCOMMISSION<br>FORENGLANDANDWALES|tdpl<br>CHARIIYCOMMISSION<br>FORENGLANDANDWALES|Dr S CClark lVemorial Fund Trust<br>Annualaccounts forthe|Dr S CClark lVemorial Fund Trust<br>Annualaccounts forthe|Dr S CClark lVemorial Fund Trust<br>Annualaccounts forthe|Dr S CClark lVemorial Fund Trust<br>Annualaccounts forthe|CharityNo<br>(if any)<br> period|1'168699||
|---|---|---|---|---|---|---|---|---|
|||Period start date||01to8t2o24l|To|Period end<br>date|31t47t2025||
||SectionA|Statement offinancial activities|||||||
||||o||||||
||||o)||||||
||||oz||||||
||||oo<br>C||Restricted||||
||Reeommended categories by||Gp|Unrestricted|income|Endowment||Prior year|
||activity||(,|funds<br>f|funds<br>I|funds<br>f|Totalfunds<br>E|funds<br>€|
||lncomingresources(Note3)|||F01|F02|F03|F04|F05|
||lncome and endowmentsfrom:||||||||
||Donations and legacies||s01||||||
||Charitable activities||s02||||||
||Other trading activities||s03||||||
||lnvestments||s04|||b|b|J|
||Separate material item of income||s05||||||
||,\her||s06||||||
|--ofal|||s07|||b|6|3|
||Resources expended(Note6)||||||||
||Expenditure on:||||||||
||Raising funds||s08|||9,383|9,383|8,636|
||Charitable activities||s09|12,000|||12,000|12,000|
||Separate material item of expense||s10||||||
||Other||s11||||||
||Total||s12|12,000||9,383|21.383|20.636|
||Netincome/(expenditure) before|investment|||||||
||gains/(losses)||s13|12,000||9,377|21,377|20,633|
||Net gains/(losses) on investments||s14|504||60,018|60,522|64,534|
||Netincome/(expenditure)||s15|'11,496||50,641|39,145|43,901|
||Extraordinary items||s16||||||
||Transfers betweenfunds||s17||||||
||Otherrecognisedgains/(losses):||||||||
||Gains and losses on revaluationoffixed assets for the charity's own use||s18||||||
|\-|<br>rer gainsi(losses)||s19||||||
||Netmovementin funds||s20|11,496||50,641|39,145|43,901|
||Reconciliationof funds:||||||||
|Total funds brought forward|||s21|11,832||672.961|684,793|640,892|
||Total funds carriedforward||s22|336||723,602|723,938|684,793|





## 

## 

||SectionB|Balan|ce|she|et||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||o||||||||
||||6)oz||||||||
||||ooc<br>(l,p<br>5(,|Unrestricted<br>funds<br>f||Restricted<br>income<br>funds<br>f|Endowment<br>funds<br>f|Totalthis<br>year<br>f||Total last<br>year<br>f|
||Fixedassets|||F01||F02|F03|F04||F05|
||lntangible assets<br>Tangible assets<br>Heritageassets|(Note15)<br>(Note14)<br>(Note16)|Bo1<br>Bo2<br>Bo3||||||||
||lnvestments|(Note17)|Bo4||||721,033|721,033||673,829|
|||Totalfixedassefs|Bo5||||721,033|721,033||673,829|
||Current assets||||||||||
||Stocks|(Note{8)|806||||||||
||Debtors|(Note19)|807||||||||
||lnvestments|(Note17.4)|B08||||||||
||Cashatbankandin|hand (Note24)|B09||3,722||||3,7?2|11,722|
||Totalcurrenf assets||810||3,722||||3,722|11,722|
||Creditors:amounts|fallingduewithin|||||||||
||oneyear<br>(Note20)||B1'1||||817||817|758|
||Netcurrent|assets/(Iia biIities)|812|||||||10 964|
||i-ofalassefslesscurrentliabilities||813|||||||684 793|
||||814||||||||
||Provisionsfor liabilities||B15||||||||
|t|Totalnetassefsorliabilities<br>Funds of the Charity||816||3,722||720,216|723,938||684,793|
||Endowmentfunds(Note27)||817||||720,216|720,216||673,471|
||Restricted incomefunds(Note27)||818||||||||
||Unrestrictedfunds||B'19||3,722||||3,722|11,722|
||Revaluation reserve||B20||||||||
|||Totalfunds|E.21||3,722||720,216|723,938||684,793|
||Signed by oneortwo trusteeson behalf of all|||||||||Dateof|
||thetrustees|||Signature|||Print|Name||approval|
||||I<br>Ytrf||,."||r'{+-i'ruil,l|-tt4**v*||dd/mm/yyw<br>,-I^l,i-,<br>,|





## 

## 

## 

## 

## 

## 



## 

## 

|ObjectivesandActiviti|es||
|---|---|---|
||SORP reference||
|Summaryofthe purposesof|Para1.17|Toadvance inlifeand relievetheneeds ofyoung people|
|the charity assetoutin its||upto theage of2LyearswhoareresidentintheCounty|
|governing document||ofSomersetandparticularlybut notexclusively livingin|
|||the localityofStAndrew'sChurch Congresbury|
|Summaryofthemain<br>activitiesin relationtothose|Para 1.17 and<br>1.19|1)Directlyorviathe supportofotherCharitableBodies,<br>provideassistancetoachieve some specified goalthat|
|purposesfor thepublic<br>benefit,in particular,the||will contribute totheirlifechances and personal|
|activities, projects or||fulfilmenU|
|services identifiedinthe||(2)Tosupport charitablebodiesthatprovide activities|
|accounts.||whichdeveloptheirskills, capacities and capabilitiesto|
|||enablethemtoparticipatein societyasmatureand|
|||responsible individuals;|
|||(3) Tosupport charitablebodies intheir provisionof|
|||recreationaland leisuretime activitiesprovidedinthe|
|||interest ofsocialwelfare,designedtoimprovetheir|
|||conditions of life|
|Statementconfirming<br>whether the trusteeshave<br>had regardto the guidance<br>issued bytheCharity|Para1.18|The Trustees have allreceivedthe three Charity<br>Commissionbooklets"Guidanceon Public Benefit<br>PBl,PB2,PB3"andstatethey have complied with<br>their duty to have dueregard tothisguidancein<br>exercising theirpowersandduties.|
|Commission on public|||
|benefit|||



||SORP referenc|e|
|---|---|---|
|||Thepolicyon grant makingis inplace.The aims|
|Policyongrantmaking|Para1.38|being<br>a)theCharityobjectives aremet<br>b)toensurethe original donors intensions are met|
|||c)to ensurethetrustpolicyonthe effectivenessand|
|||inclusivenessoforants madeisachieved|
|Policy onsocial investment|||
|including programrelated|Para1.38||
|investment|||
|||The Secretary and Treasurerarevolunteerposts|
||Para1.38||
|Contribution madeby|||
|volunteers|||
|Other|||





## 

|chievementsand Per|formance||
|---|---|---|
||SORP reference||
|||During theyear the trustees have madegrantsto:-|
|||a)The provisionofsupport for disadvantaged|
|Summaryofthemain<br>achievementsofthecharity,|Para1.2O|children attendingStAndrew'sSchool.|
|identifyingthe difference the|||
|charity's workhas made to|||
|the circumstances ofits|||
|beneficiariesand anywider|||
|benefitsto society asa|||
|whole.|||



## 

|<br>ou<br>choosetoincludefur|<br>ther stateme|nts where relevantabout:|
|---|---|---|
|||The Trustees aim of allocating €28,000ofgrants was|
|||notachieved. This wasdueto granteesnotapplying|
|Achievements against|Para1.41|for grants.lnthe current economicclimateandits<br>effect on investment income, the lowergrant|
|objectives set||allocations have helped to mitigate the lower|
|||investment income and thus maintain a larger|
|||investment value thatisawaiting increasedreturns.|
|||N/A|
|Performanceoffundraising|||
|activities against objectives|Para1.41||
|set|||
|||The return on investments continuedtobepoorasa|
|Investment performance|Para1.41|resultoftheUkrainewar and theUSAtariffposition..|
|againstobjectives|||
|Other|||





## 

|FinancialReview|||
|---|---|---|
|Reviewofthe charity's<br>financial positionattheend<br>oftheperiod|Para1.21|lnlhe2024-25yearthetotal fundsincreasedby<br>833,925.Atotalof812,000 wasgiveningrantsand<br>f9,383used for meetinginvestmentcosts.|
|Statement explaining the<br>policyfor holding reserves|Para1.22|The invested funds will be held asanexpendable<br>endowmentin linewith the wishesofthedonor.|
|statinqwhv they areheld|||
|Amount of reservesheld|Para1.22|8723,938|
|Reasonsforholdingzero|Para1.22||
|reserves|||
|Detailsoffund materiallyin|Para1.24||
|deficit|||
|Explanationof any|Para1.23||
|uncertaintiesaboutthe|||
|charity continuingas agoing|||
|concern|||



## 

## 

|<br>oum<br>choosetoinclude furt|<br>her statemen|ts whererelevantabout:|
|---|---|---|
|||lnvested Legacy|
|The charity'sprincipal|||
|sourcesoffunds(including|Para1.47||
|anyfundraising)|||
|||lnitiallyin linewith the wishesofthe donor.However|
|||investment performance will continue tobe|
|lnvestmentpolicy and<br>objectives includingany|Para1.46|compared against altemative options andif<br>necessary the approach best serving theobjects of<br>the Charity Trustandthe overall benefittothe Public|
|social investmentpolicy||willbe adopted|
|adopted|||
|||The lossofthe lnvestedFunds|
|A descriptionoftheprincipal|Para1.46||
|risksfacing the charity|||
|Other|||



## 

|Structure,Governance|and Man|agement|
|---|---|---|
|Descriptionofcharity's|||
|trusts:|||
|Typeofgoverning document|Para1.25|TrustDeed|
|How isthe charity|Para1.25|Charitable Trust|
|constituted?|||
|Trustee selection methods<br>including detailsof any<br>constitutionalprovisionse.g|Para1.25|The existing trustees have regardto theviewofthe<br>original donor aiming to selectpeopleofnoteinthe<br>local community with an interestinYoungPeopleto<br>includeprofessionalsinthe education andsupportof|
|electiontopostornameof||suchyouth,|
|any personor body entitled|||
|toappoint oneor more|||
|trustees|||





## 

|<br>oum<br>choose toincludefurt|<br>herstatemen|tswhere relevantabout:|
|---|---|---|
|||NewTrustees areprovidedwith copiesoftheTrust|
|||Document, OriginatingLegacyWill, GrantMaking|
|Policies and procedures<br>adopted fortheinduction|Para1.51|Poliryandthe Charity Commission Bookletson<br>"GuidanceonPublicBenefit"and "Charity<br>Governance"tonewtrustees. The trusteesare|
|andtrainingoftrustees||familiarised with the significant elementsofthese<br>documents and updated as necessary<br>Charity Requlations and Charitygood<br>onchangesin<br>pEglEe-|
|||Chairman, Trustees, Hon.Sec.andHon.Treasurer|
|The charity'sorganisational<br>structure andanywider|Para1.51||
|networkwith which the|||
|charityworks|||
|||When consideringgrantrequests thetrusteesare|
|||mindfuloftheir church, school and othercharity|
|Relationshipwith anyrelated|Para1.51|connections and where required declaretheir<br>interestsandwithdraw fromany vote.|
|parties|||
|Other|||



## 

|Reference andAdminis|trativedetails|
|---|---|
|Charityname|Dr S CClark MemorialFundTrust|
|Othernamethe charityuses||
|Reqistered charity number|1168699|
|Charity's principaladdress|c/o CongresburyChurch Office,|
||StationRoad,|
||Congresbury|
||BRISTOL|
||BS49sDX|





||Trusteename|Office (if any)|Datesactedifnotforwhole<br>vear|Nameofpenson(or body) entitled<br>to appoint trustee(ifany)|
|---|---|---|---|---|
|1|Rev M Thomson|Chairman||ExistingTrustees|
|2|lt/ls ECran|||ExistingTrustees|
|3|lvlrsF Martin|||ExistingTrustees|
|4|||||
|5|||||
|6|||||
|7|||||
|8|||||
|I|||||
|10|||||
|11|||||
|12|||||
|13|||||
|14|||||
|15|||||
|16|||||
|17|||||
|18|||||
|19|||||
|20|||||



## 



## 

## 

|Namesand|addresses of advis|ers(Optionalinformation)|
|---|---|---|
|Typeof|Name|Address|
|adviser|||
|Financial|Succession Wealth|Drake Building,15Davy Road, Plymouth SciencePark,|
||ManagementLtd.||
|||Derriford, Plymouth,PLO8BY|



## 

## 

##