Comp8ny registration number.. 10324140
Charity registration number: 1169823
Fort Vale Foundation
(A company limiled by guarantee)
Annual Report ond Financial Statements
for the Year Ended 28 February 2025
Hargreav¢5 Brown & Benson
Chartered Awounlanls
l Bond Street
Colne
Lanc&8hire
BB8 9DO

Fort Vale Foundation
Contents
Reference and Adminislraiive Deiails
2toS
Trustces, Report
Stalement of Trusl¢e5' Responsibilitie5
Independeni Examiner's Report
Stalemenl of Financial Activities
Balance Shc¢t
Notes 10 the Financial Stal¢mcnls
10 to 15

Fort Vale Foulldation
Reference and AdmlDlStrative Details
Charlty Reglstratloll Number
1169823
Company Regi$tratloD Number
10324140
The Charity is in¢orporaied in England & Wales.
Calder Vale Park
Simonstone Lane
Simonstone
Bumley
L8ncashire
BB12 7ND
Calder Vale Park
Simonstone Lane
Simonstone
Bumley
Lancashiie
BB12 TND
Hargreave5 Brown & Ben50n
Chartered Accountanis
l Bond Sireel
Coln
Loll¢&8hire
Reglsiered Offite
Princlpal Offi¢¢
Independeni Examlner
BB8 9DG
Wiih¢r$ LLP
16 Old Bailey,
London
EC4M 7EG
Solicitots:
Page I

Fort Vale Foundation
Trustees, Report
Th¢ Inisiees, who are direciors for the PLirposes ol. cornpHn)' law, prc5¢nl th¢ a[￿￿al report tog¢ihcr with the
rinon¢ial 5tatem¢nt5 and auditors, report ol'ihc charitable company for Il)c year ¢ndcd 28 February 2025.
Objective$ and a¢tivities
Objects tsnd aims
ort Valc Foundation operates throughout England And Wal¢s and makes grants to individuals and in8litulions at
the discrelion of the trusE¢es.
Details of grants made during the year are detailed in note 6 10 the financial slatemenl5.
Sinc¢ incorporation Fort Vale Foundation has made charitabl¢ grants to individuals 8md inslilulions of £340,877
12024 - £250,322).
Public beiieJ71
During Ihe year Forl Val¢ foundalion h85 aivardcd gronts io in$titutions Promoiing th¢ advancement of health
matters, spori and ¢on)Iiiunity iveifare, with a significant impacl in the North IIIcbl.
Thc Irust¢cs confirin that Iliey hav¢ complicd iyiih the requirciiiertts of Seciion 4 of ihe Cliarilies Act 201 I to
have due rcgard io ihe public bencfil guidance published by ih¢ Lharity Coniniis5Lon for England and Wales.
Fimdnclal review
Forl Vale Foundation is rclianl upoii iiieome re¢¢iited by ivdy of corporal¢ donaiioii from Forl Vlllc Liigineering
Limited. For the y&u end¢d 28 I",cbriiar)' 2025 corporate donaiions wcrc r¢ceii'¢d amouniing lo £80.000 {2024 -
£Nil).
During th¢ y¢ar Fort Vale Foundation made ch8ri18ble gr3nls tolalling £90,355 (2024 - £42,742).
l.'or lh¢ >pL'ar endcd 28 1.cbrLiary 2025 fori Val¢ Fnundalion has reporlcd ? nei deficit of £12,374 (2024 - dcli¢il
£414.538} Ivliicli ivill be dcdLi¢ied from reiaincd funds brought lonvards. Ai 28 February 2025 Fort Valc
I'oLlrtdaiion hcld unr¢slricicd li￿d$ of£146.834 (2024- £159,208).
Policy ort reserves
Fort Vale Foundation maintsins sufficient reserves to enable it lo conlinue lo make grants for charitable
purpose5 in fvture periods.
Prlmciptslfmndiiig sources
The principal funding sourc¢ of Fort Vale Foundation 1$ donations received from Fort Vale Engine¢rin8
Limited.
P88e 2

Fort Vale Foundation
Trustees, Report
Trustees And o(ficers
The tri￿te¢S and ol'ticer5 serving during the year and sinc¢ the year ettd were as folloivs:
Mr ES Fort OBE
Mr J,S. Hartley
Mr M P O'connor
T￿sleeS.
Mr EM DnMI
Strueturtj iovernanee and management
Nalure ofgovefrting dociimertl
l.orl Valc foiindLilion is u ¢ompony limiEcd by 8uoraniCC governcd by its Mcmorundum und Ai'licl¢s ol.
11580ciaiion daicd 10 Augusi 201CI. li is a regisi¢red chaTity ivill) Ilie Charity Conimission. I'hc conipany
¢Liriinily 1105 onc membcr, Mr. L.S. I',ori OBL, Ivho agrecs to conlribuie £1 in Ihc ci'¢nt of ¢casii)g io be a
memb¢r or tli¢ cli￿lty ivinding up.
Recr141imeni undnppolnlmeiil of Éruslees
Tli¢ iippoiiiliiiciii of Iriisl¢e5 13 s¢1 OLII ii) lh¢ Anicl¢s of Associaiion, Truslccs are appoinicd by Mr. E,S. Fort
diiring his lifclime. ThLreafier IrLisI¢c5 orl llppoini¢d by ih¢ Irustecs. 'frusiecs, other Ilian Mr. E,S. Fort, are
uppoinied IOT a ierm ofup to five ycar5 a$ spccified ai lh¢ iimc of appoinlm¢ni.
Ouigoing In￿lee$ MJY be rc-appoinled but no individual may s¢rvc as g trugle¢ for mor¢ Ilian livo Icrn)s of
ollic¢ unless Ilic ren)aining IrLisi¢es consider, in the iniL'r¢sts of lh¢ eharity and upon ieosonubl¢ 8roun<15, Iher¢
lo be cxceptional circumstances which justify one or more siibsequ¢nl temis of otTI¢¢.
Arrniigemextsforsettlng key mffno8emettipersDniiel remurteMI¢oA
The directors of the company consider the board of director5 to be the charity trU51e¢5. All directors give their
time freely gnd no director rec¢iv¢d r¢muneralion in ihe year.
Or8anlsftiloiit71 slrMclMre
Fori Vale Foundation is managed by ihe Injstees. whiGh must consist of a rninimum of three members. The daily
adminislration of the charity is d¢le8alcd lo Ms. A. Hartley.
Page 3

Fort Vale Foundation
Trustees, Report
Rel4tionship5 wlth related pArtiÈs
Forl Vale Limited
Mr. r..s. Forl OBE is a director and majority b¢neficial shareholder of FOTI Valc Limited.
Mr. E.M. Drury is a director of Fort Vale Limit¢d.
Fort Vale Engineering Limited
Fort Vale fngiileering Limiied is a wholly•own¢d subsidiary of Fort Vale Limited.
Messrs. E.S. Fort OBE and E.M. Drury are directors of Fort Vale Engineering Limited.
Fin4nciRI instruments
Objeclives aAApollcies
The chariiy is exposed lo a number of financial risks including credit risK cash flow risk and liquidity risk.
CoshJ7ow risk
The charity has no 5ignific8nt ¢ash flow risk.
Credlt rlsk
The ¢haTiry'S principal financi81 asJ¢ts are bank b&lon¢e$ and cgsh.
The Gredit risk on liquid funds is limited becau￿ th¢ counlerpartie$ are banks with high credit-ratings assigned
by international credil-raling a8en¢ie$.
Liquidity rlsk
The charity mainlains an in5t8nt access bank a¢¢ourtt in order to maintain liquidity and 10 ¢nsure Ihai Sufficient
fijnds are available for ongoin8 operations wid fvture developrnenls.
Tru$lee5' liabilltles
Thc ¢hariiy mainlains 8n insLMCC policy providing indemnity cov¢r for th¢ benefil of the Iru5tee$ in connection
with the p¢rlormance of their dutie5 93 oITic¢r5 Ot'the charily.
Diselosure of informAtion to *wditor
Each trustee has t8kcn steps that they ought to have taken as 8 trusiee in order to make themselves awar¢ OF any
relevant audit informatioii and to eylablish thai Ihe charity's audilor is aware of that information. The trusiees
confirm that there is no relevant information that Ih¢y know of and of which they know the auditor is unawure,
Small companies provision 5totement
Thi5 report ha5 bc¢n prepared in accordance with the 5mbll componie5 regime under the Compllnies Act 2006.
Page 4

Fort Vale Foundatioo
Trustees, Report
The annual report was gpproved by the trustees of the chotrily on 7 Octobci 2025 and signcd on ils behalf b%.:
Mr EM Drury
'rrustee
Page 5

Fort Vale Foundation
Statement of Trusteesl Responsibilities
l-h¢ Iwsiccs lii.ho arc a130 il)e direclors ol- l.'orl Vale loiindation lor the Pufposes ol. company laivl or¢
risponsiblc for preparing Ihc Irusices, r¢pori ond Ihe financial slalEI))LniS in o¢eordanc¥ Ii'iil) applicablc lais, and
Uniied Kingdoni Accouniing SiandaTds Iutiii¢d Kingdom G¢nerally Acc¢pied Accounling PTaciic¢l. incliiding
I-.RS 102 '1'h¢ financial Reporting Siandard applicablc in Ilic UK and Republic ol'lrcland"
Compan), laii, rcquir¢5 Ihc irustees io prepar¢ financial sioi¢inenls for each linan¢iaS ycar. Undcr compony lu%v
Ili¥ iru51CC5 iiiusl noi appiove Ih¢ linan¢i11 I sialcnienis iinlcss Ilicy arc $41isfi¢d il)ai IliLV give l& ITU¢ and lair viei%'
of ilic slatc of allairs of Ihc chai'itabl¢ compaiiy ciiid ol. Il)c incon)ing resoLirccs Jnd applicalion ol. resourcL's.
including iES income ¥JJd expenditure, of the Ch￿ILable con)poi)}' lor ihai period. In prcpuring ¢l)¢¥e linancial
staiements, the trustees required to:
select suitable a¢counting policies and apply them ¢onsislenily*
observ¢ the meihods and principles in the Charities SOIIP:
niake judgements and estimates that are reasonable and prudent.
siaic wheilicr applicable accounting siandards, cornprising FRS 102 have b¢¢n followcd, subject lo 8my
Iiiaierial dcpanures disclosed and cxplain¢d in the financial staiements; amd
prcpore the linanLiil1 siaienicnls on the goiiig con¢¢rn basis urdess it is inappropriat¢ lo presume that the
¢liariiable comp&iiy ii'ill coniinue in busincs5.
-riic ii'uslLCS arc responsible lor kccping prop¢r accoiii)iiiig rL¢ords Ilial Lan di5cIosC ii'itli rcasonablc accuracy al
Jiiii iin)e Ihc linaiicial position ol'il)e chariiablc cnmpJn%' and ¢iiJblc tlieni lo cnsiirc Iliai lh¢ lii)ancial siaicmcnts
¥oniply iviili Ille Li>mpwiics Aci 2006. Tlicy ar¢ also respoiisil)Ic for saf¥guarding ihc 8ssciS tsf il)c ¢l)uriial)Ic
¢onipai))' and lienc¢ l(Ir iaking rcusonablc slcps lor Ihc pr¢i*¢niioii And d¢lcciion or rraiid and oih¢r irrcgularlii¢5.
Approv¢d by ihe Irusiees of the charity on 7 October 2025 and signed on ils beh31( by.,
I r r.M Druo.
Trustee
Page 6

Fort Vale Foundation
Independent Examiner's Report to the trustees of Fort Vale Foundalion ('the
Compauy,)
I report lo the charity trustees on my examination of the ac¢ount$ of ihe Company for th¢ year ended 28
February 2025,
Responsibilliies gnd bAsi5 of report
As the charity's trustees of the Company (and also lis directors for the purposes of company law) you are
responsible for the preparation of th¢ accounts in accordan¢¢ with th¢ r¢quiremcnls of the Companies Act 2006
I'the 2006 Act l.
l.laving satisfied m)'s¢ll' Ihai the acLount5 of the Company are rtot r¢quir¢d to be udiicd under Part 16 of the
2006 Aci ai)d arL' cligibl¢ for indepciiiiciii examinallOS1, I report in I'csp¢¢t of my Lxaniinaiion of your charity's
accoun15 as casried out under section 145 of the Charities Act 2011 ('the 2011 A¢i'). In carrying out my
examination I hav¢ followed the Directions given by the Chority Commi55ion under scction 145(51(b) of the
2011 Act.
Jndèp¢nd¢nl exAmlM¢r's statement
I have compl¢t¢d my examination. I confirn thai no matt¢rs have wm¢ to my attention in conncclion with ihe
examirtaiion giving me ¢au5C to believe:
l. accounting records wer¢ not kept in respect of Fort Val¢ Foundation L8 required by section 386 of the 2006
Act: or
2. the accounis do not accord with ihose records. or
3. Ihc accounts do not comply wilh the accouniing requircmenls of seclion 396 of the 2006 Act otl)cr than
gny requircnient that Ihe accounis give o 'lfttc and fair vi¢iY' Ivliicli 15 nol a n)nt¢cr cortsid¢r¢d as Pillt ot'an
independcnl exdminaiion., OT
4. Ihc a¢¢ounts hav¢ not been prepared in accordance with the m¢ihods and principles of the Statemetbl of
Rc¢on)mended Pra¢iic¢ for accounling and icpofiing by Cliarilics lapplieabl¢ 10 ¢l?uriti¢s prcpariiig their
iI¢¢OLiii15 in ac¢ordiince with the Fin1￿claI R¢porting Siwidard oppli¢iiblL in Ihc UK and Rlpublic of
Ireland {fRS 10211.
I hav¢ no con¢ern5 and have tome acrnss no oihcr matters in co[￿e¢tIon with the examination lo which attention
Should b¢ drawn in thi$ report in order io enable a proper unde¥standing of the accow)Is lo bc reached.
Steven Wood FCA
Inslitute ofchartered Accouftlants in England and Wal¢s
H2rgreav¢s Brown and Benson
l Bond Street
Colne
Lencashir¢
BB8 9DG
7 O¢lobcr 2025
Pagc 7

Fort Vale Foundation
Statement of Financial Activities for the Year Ended 28 February 2025
(Illcluding Income 2nd Expenditure Aceoullt and Statement of Total RecogDised Cains
And Losses)
Unrestricted
funds
Total
2025
Note
Income and ENdowments from:
Donations and legacies
80,000
80.000
Total inwme
80.000
80.000
Expendlture on:
Charilgble activitie5
{92,3741
(9? 374)
Total cxpenditur¢
192,374)
192,3741
Net cxpendilurc
Nei movem¢nt in funds
(12.374)
112.374)
(12,374)
(12.3741
ReconeiliAtion of funds
Tolal funds broughi fonvard
Tolal funds carried forward
159.208
159,208
146,834
Unrestricted
funds
146.834
Total
2024
Note
Income and Endowmettts Irom:
Exp¢nditure on:
Charitable activities
(44.538)
144.5381
Total exp¢ndlture
{44,538)
144,538)
Nel expenditure
Nel movement in funds
{44 538)
144,5381
(44,538)
(44.5381
Recon¢lliotitsn of fuDds
Total funds brought forward
203.746
203.746
Total funds carried fonvard
159.208
159,208
All of the charity's Aclivitics deriv¢ from Continuing operations during the above tsyo periods.
Th¢ notes on page$ 10 to IS form an inle8ral part of these financial statements.
Page 8

Fort Vale FoundatioD
(Registratlon Dumber: 10324140)
Balance Sheet AS at 28 February 2025
2025
2024
Not¢
Current 95Stts
Cash at bank and in hand
148,334
160,708
Creditors: Amounts fglllng du¢ within one year
Net assets
10
(1,500)
146.834
11,5001
159.208
Funds of the charity..
Uurestricted In¢ome fuMd$
Unreslri¢led funds
146,834
159,208
TotAI funds
146.834
159.208
For the linancial year ending 28 February 2025 the charity was ¢ntiiled lo exempiion from audil under se¢lion
477 of the Companies Aci 2006 r¢l81ing to SMAII companies.
Dire¢tOTS' responsibilities;
The members hay¢ not required the charity lo obtain on audit of it$ accounts for the year in question in
accordance with section 476. and
Th¢ dircciors acknowledgc their rcsponsibilities for complying with the requirements of the Act wilh resp¢cl
lo a¢¢ounling records and the preparation of accounts,
The financial slatemenls on pages 8 to I S were 8PPTov¢d by the (Tuslees, and authorised for issue on 7 Oclober
2025 and 5iBned un Ih¢ir behalf by,.
Mr EM DrL
Trusiee
The nol¢s on pag¢5 10 to 15 form an integral patt of these financial stalemenl5.
Pagc 9

Fort Vale Foulldation
Notes to the FiDancial Statemenls for the Year Ended 28 February 2025
I Charity $tAtus
'rhc charity is limit¢d b). guaranice, incorporated in fngland & W&les, 8nd consequentlv does not have sharL
capital. Each of the Irusiecs is liable lo contribute an amounl nol exceLdirbg £1 toivard5 111¢ assets of the cliariiy
irt the event of liquidation.
The addre55 of its regislered office is,.
Calder Vale Park
Simonston¢ Lane
Simonstone
Burnley
Loncashir¢
BB12ThD
2 Accounting p•licies
SummAry ofsignllScAnt Ac¢ountlng policies knd key Accounting estlmates
The principal accouniin8 policies applied in th¢ preparation of Ihese tinancial slatemenls are sel oul b¢low.
These poli¢ie5 have been consisienily appli¢d to all the yeon presenl¢d, unle55 Oth¢rwi5e slated.
St%¢ement of compliance
1'h¢ financial slal¢ments have been prepared in accordance wilh Accounting oJJd Rcporting by ch￿111￿.,
Siiilcnicni of Kecomi)i¢iidcd PracliL'¥ dpplicDble 10 ¢hnrili¢5 preparing ilicir ¢counls iii a¢¢ordi¢ nc¢ iviih Ihc
5."iiiai)Lial Il¢porliiig Siandard applicdble iii Lhe UK and R¢pLibli¢ of Ircland 11."RS 1021 (clTecliv¢ l January
20151 (Cliurilies SORP (I."RS 102)), Ili¢ Financial Il¢portin8 Standard applicable in Ihe UK aiid Rcpublic ol.
Ii'clJiid IfRS 102). Ili¢ ChariliC$ Acl 2011 aiid Ihe Cornpanies Act 2006.
BA$1$ of preparqtion
The tinaneial slat¢menl$ have been prcpored for the charity as an individual entily under the historical cosi
¢onvention.
Fori Vale Fowidalion meets the d¢finilion of a public benefil enlily und¢r 5eciion 4 of the Charities Aci 2011.
Assets amd liabilili¢s are initially r¢¢ognised ai historical c05t or Iransaciion valuc unless otheThvise stalcd in the
relevont accounting policy not¢s.
The linilllcicil 51nicm¢nts ol. l.ort Vale Foundaiiun are prLscnled in the Clirrcncy of the primaT)' ccononiic
environmcnl in ii,hich the tliariiy operates (its liiiiclional currcnc}'l. For the purposes of the fiiiaii¢iil siaicniciils.
the Statement of Financial Activities and Balan¢¢ Sheet ar¢ presenled in St¢rling (£),
Going concern
Thc trustecs ¢onsider that there are no material Lincertainlies about the charity's ability to continue as a goin8
concern nor aJiy signifi¢anL areas of uncertainty that affect the carrying v8]ue of assets held by the charity.
Income and endOwme￿tS
All income is rtcogniged once th¢ ¢harity has entitlement to the income. it is probable that the in¢ome will be
receiv¢d and the amount of the incomc receiv&ble can b¢ rneasur¢d reliably.
Page 10

Fort Vale Foundation
Notes to the Financial Statements for the Year Ended 28 Februarv 2025
Dontslions (uid legt7cies
Donations ar¢ rccognisLd ii,hen Ihe charily has becn nolificd in ii'riiing of boih Ihc amoiiiit and seiileni¢nt dale.
In ilic evcnl Iliut a donaiion is SLibjeci lo ¢ondiiion5 10 be niei by ihc ChI￿llY before Ihe charil), is Lnliilcd lo the
lunds. Il)¢ incomc is d¢fcrred and nol Tecogniscd until eiiher iliosc condiiions arc fully In¢E or Ihe luifilmcnt or
Ihose condilions is wholly within Ihe control of the charity and il is probable thal thesc conditions will be
Ifillcd in the reporting period.
Expendiknre
All ¢xpenditure is r¢¢ognised once there is a legal or conslruciive obligation to ihai expendilure, it is probabl¢
settlement is required and thc amount can be measurcd reliably. All costs are allocaied to the applicable
expendibjre heading that aggregate similar cosis to that category.
Charilllble a¢ilvili4s
Charitable ekpendilure eompri5e5 those costs incurred by ihe ¢harity in the delivery ol. lis ¢l¢1ivilics and services
ror ils beneficiari¢s. It includes both ¢osiS that can k allocaied directly to such aclivili¢S aJ)d il)ose cosis of an
indirect nature necessary to supporl them.
Grani upendilure
Grants payable are payments made to ihird party individuals 8nd institutions in the furtheranc¢ of the charitable
objcctives of Fort Vale foundation.
Grlln15 paid wiihoiil condiiions are rceogniscd in the finan¢i?I sialcments when Ihc commiimcnl to make the
grani has been madc wid ili¢r¢ are no ¢ondiliOI)S to be n)¢1 ii'hich arc wiihin the wi)¢rol of ilic Irusie¢s of Forl
Vale Fourtdalion.
Grants payable wilh conditions are acorued when the trustees have been notified Ihal those conditions have been
fiiifilled and any Temaining unfulfilled condilions ur¢ outside the control of the trustees of Fort Vale Foundaiion.
Graiiiprovislons
Provisions for 8rant5 are made when the intention lo m0k¢ P4 grant ha5 been ¢ommunicated lo the recipi¢nl bul
Ih¢rc is uncertainly about eiih¢r the timing of the grant or the amourtl of grant payable.
Governkn¢e ¢osts
These includ¢ thc cost$ attributable lo the Chwity's compli8mc¢ with constitutional and statutory ￿quireMents.
ineluding indep¢ndenl ¢xamination.
Taxation
'rii¢ Chariiy is considcrcd lo pass Ihc t¢sis sei oul in Para8r8pl) I S¢hedul¢ 6 of lh¢ financ¢ Aci 2010 ilnd
Ilierclorc il m¢eis ihc definilion of 41 ¢harilable con)pany lor UK corporaiion i&x piirp05cs. Accordiiigli., Ihc
Cliarily is polci)lially excmpt Iron) l&NALion in rcspcct of iiiconi¢ or capital 8aiiis rcecii'cd ii'iiliin calL'gOI'l¢b
wvercd b), Lhapl¥r 3 Parl I l ol. Il)c Corporaiion Act 2010 or s￿¢10￿ 256 of the Tllxation of Char8e4iblc
Gnins Aci 1992, 10 ilie ¢xieiii Ihal 5ucli income or gnkns are upplied exclusively to charitable purpose5.
Cash and cgsli equivalents
Cash and cash equivalents eomprise cash on hand and bank deposits that we readily convertible to a known
amount c)f cash and ate subje¢t to an insignificaJJt risk of¢hpnge in valLIe.
Pagcll

Fort Vale Foundation
Notes to Ihe Financial Statements for the Year Ended 28 February 2025
Fund Structure
Unr¢5tricled income fijnds comprisc those funds which the trustee5 ￿¢ free to us¢ for any purpose in fiJrth¢rance
of th¢ charit8ble objectives.
J In¢ome from doDations and legacies
Unrestricted
funds
General
Total
2025
Donations and legacies;
Donations from individuals
80,000
80,000
80,000
80,000
Unr¢stritt¢d
fund5
Geoersl
Total
funds
Donations 8nd le8acies,'
Donations from companies, Iwsts and similax proceed3
Donations from individua15
80,000
80.000
80.000
TotAI for 2025
80,000
4 Expendlture on eh#rltAble a£tfvities
Unrestricted
fuuds
G¢lleral
Tot*1
ruDds
Note
Grant funding of a¢tiviÉies
Governonce wst5
90.555
1.819
90,555
1.819
Total for 202$
92.374
92,374
Total for 2024
44.538
44,538
Page 12

Fort Vale Foundation
Notes to the Financial Statements for the Year Ended 28 February 2025
5 ADalys15 of governance and support cost5
Governgnoe costs
Unrestricted
f￿ndS
G¢ner41
Totsl
funds
Independent examiner fees
Examination of the financial Siaiements
Oth¢r gov¢rnanc¢ ¢osis
T(JlAI for 2025
1,500
319
1.500
319
1,819
1,819
Totgl for 2024
,796
1.796
6 Gr411t-mAkln%
Analy51s of gr4nts
Grants to
individuals
2025
Gr4Dts to institutions
2025
2024
AnAIy$is
Amal¢ur sport
Education
Citizenship and community ivelfare
Health
Culture
10,255
7,300
63.50
7,000
2.OiJO
4,092
3,000
28.650
5,000
2.000
500
90,055
The support cosis a550ciated with grani-makin£ ar¢ £Nil (29 Februgry 2024- £Nill.
42.742
500
Page 13

Fort Vale FouDdAtion
Notes to tbe Financial Stalemenls for the Year Ended 28 February 2025
Below are details of m&erial grants made lo in5tilulions
2025
2024
Name of institution
Accrington Cricket Club
All Saints OTang¢ Bowling Club
Buddys for ¢hildren with aulism
Ribblcsdal¢ WBmder¢rs Crick¢t &
Bowling Club - Amateur sport
Duke of Edinburgh Awards
Rosemere Can¢er Foundation- NGL
fill)draiser
Communiry Fow)dBtion for L8ncashire
- MOU furtd
Colne Primet Primary S¢hool - Sensory
room
Revilalise - CilizeD$hip pnd community
welfare
Pendle Ncw Neighbours - Citizenship
and community wellbeing
Life Now- Blackburi) hospice
Lowerhouse Crick¢t Club CIC
One Tenth Humon-Burnley Scliools
Eng pro8ramrne
Oiher
Activity
700
700
1.000
1.955
5,000
1,800
10,000
6,000
50.000
5,000
5,000
3,500
3,000
5,000
4,000
3,000
8,042
42,742
19,100
90,055
7 Trustees remuneratlon #nd expenses
No truslee$, nor any persons ¢onneGied with them, hav¢ r¢¢eiv¢d any r¢mun¢ration from th¢ charity during lh¢
yellr.
No trustees have received 8ny reimbursed expenses or eny other benefits from the charity during the yepr.
8 Taxmtlon
The rharity is a registered charity and 15 therefore exempl from laxaliort.
9 Cash #nd t4$b ¢qulv4leDt$
2025
2024
Cash gt bank
148,334
160,708
Page 14

Fort Vale FoundatlOD
Notes lo the Fin9dncial S12tements for the Year Ended 28 Februarv 2025
10 Creditors: gmounts fAlling due wlthiD on¢ year
2025
2024
1,500
Accrua15
1.500
I l Related party transactiOD5
During th¢ year the charity made the followin8 related party transactions:
Fort Vale Limited
Mr E.S. Fort OBE is a director und majority beneficial shareholder of Fort Vale Limited. Mr E.M. Drw is
director of Fort Vale Limiled.
Adminislrative services have bc¢n provided by Fort Vale Limited, The valu¢ of services provided has not been
quantified.. At th¢ balance sheet dale th¢ amount due tolfrom Fort Vale Limit￿ was £Nil (2024- £Nil).
Forl Vale Engineering Liiniled
l orl Val¢ l-. ngincering l.iiniicd is EL wholly-oiviied subsidiary of Forl Vale Limited. Messrs. E.S. Fort OBE and
E.M. Drufj, arc dir¢clors ol"l.oTI Vg1¢ l.nBinceriiig Limil¢d,
Included in donations are unwndilion81 donations received from Fort Vale Engineerirbg Limited toialling
£80,000 (2024 - £Nil}.
Adniinislrniive services have becn provided by fort Vai¢ In8ineering Limited. The voliie of s¢rvices provid¢d
l)ll3 1101 bc¢n q1141nlifi¢d.. At the baliiiice sheet duie IIIL amount diic tolfrom Fon Vale l.-n8iii¢¢riiig Lin)iied il'as
£Nil (2024- £Nil).
P8g¢ 15