THE OLD TALBOT HOUSE FOUNDATION
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Charity registration number 1170749
THE OLD TALBOT HOUSE FOUNDATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Charity registration number: 1170749 Registered office: Orchard House Holcombe Hill Holcombe Somerset BA3 5DJ Trustees: Reverend Paul Wright (Resigned 31/12/24) Mr Howard Benge (Chair) Mr. Gilbert Chalk (From 1/6/24) Mrs. Louisa Evans Mr. Ian Hussein Mr. Colin Kerr (Resigned 8/1/25) Mr Jan Louagie Mr William De Vloo
Bankers: Lloyds Bank, Reading
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THE OLD TALBOT HOUSE FOUNDATION
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2025
INDEX PAGE Report of the Trustees 1 Statement of Financial Activities 3 Balance Sheet 4 Notes to the financial statements 6
THE OLD TALBOT HOUSE FOUNDATION
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2025
REPORT OF THE TRUSTEES
The charity was established through a Deed in December 2016, although there was no formal activity until September 2017.
The Trustees present their report, together with the financial statements, for the period to 31 March 2025.
Principal activities
The charity was established to support Talbot House via the Talbot House Association, in Poperinge, Belgium, in accordance with the constitution, as follows:
1. To promote the preservation, conservation and improvement of Talbot House and the Chapel at Poperinge, Belgium for the public benefit.
2. To advance education in in the religious, religious, humanitarian, historical and architectural significance of Talbot of House and the Chapel at Poperinge, Belgium, in particular by the support and maintenance of the museum.
3. To advance the Christian religion by promoting the use of Talbot House and the Chapel at Poperinge. Belgium.
Directors
The Trustees in office during the year were:
The Reverend Wright
Mr Howard Benge (Chair)
Mr Gilbert Chalk
Mrs Louisa Evans
Mr Ian Hussein
Mr Colin Kerr
Mr Jan Louagie
Mr William De Vloo
Mr Hussein is Chair of the Talbot House Association (THA), in Belgium. Mr Louagie, Mr De Vloo and the Mrs Louisa Evans are also directors of THA.
Trustees ’ responsibilities for the financial statements
Charity Law requires the Trustees to prepare financial statements for each financial period, which give a true and fair view of the state of affairs of the company. In preparing those financial statements, the Trustees are required to: Page 1
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Select suitable accounting policies and then apply them consistently
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Make judgements and estimates that are reasonable and prudent
The Trustees are responsible for keeping proper accounting records, for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ON BEHALF OF THE BOARD
Howard Benge Andrew Ferguson Chair Treasurer
1 June 2025
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THE OLD TALBOT HOUSE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES YEAR TO 31 MARCH 2025
Note Restricted Funds Unrestricted Funds 2025 Total 2024 Total £ £ £ £ Income from: Donations 3,250 - 3,250 - Investments 6,176 - 6,176 6,018 Total income 9,426 - 9,426 6,018 Expenditure on: Donations to THA 6 3,250 - 3,250 1,204 Cost of fundraising - 100 100 559 Depreciation 714 - 714 714 Insurance 471 - 471 375 Website hosting 240 - 240 240 Annual Report - - - 700 Consultancy fees - - - 100 Truste es’ expenses 1,125 - 1,125 414 Total expenditure 5,800 100 5,900 4,306 Net movement in funds 3,626 (100) 3,526 1,712 Total funds Brought forward 189,606 (4,039) 185,567 183,855 Transfer 5 (914) 914 - Total funds Carried forward 192,318 (3,225) 189,093 185,567
The accompanying accounting policies and notes form part of these financial statements.
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THE OLD TALBOT HOUSE FOUNDATION
BALANCE SHEET AT 31 MARCH 2025 Note 2025 2024 £ £ Fixed Assets Information Technology 4 2,144 2,858 Investments Charities Investment Fund 3 163,000 163,000 Current assets Accrued income: investments 1,553 1,516 Prepayments 446 431 Cash at bank 21,950 17,762 TOTAL 23,949 19,709 Creditors: amounts falling due within one year Creditors - - TOTAL - - Net current assets 23,949 19,709 Total assets less current liabilities 189,093 185.567 The funds of the charity Restricted funds 5 192,318 189,606 Unrestricted funds (3,225) (4,039)
For the year ended 31 March 2025, the Trustees have not required the charity to obtain an audit of its accounts for the year in question, in accordance with the Charities SORP.
The Trustees acknowledge their responsibilities for complying with the requirements of the charity legislation with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Trustees on 1 June 2025.
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Howard Benge
The accompanying accounting policies and notes form an integral part of these financial statements.
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THE OLD TALBOT HOUSE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1 ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Depreciation
From April 2021, IT infrastructure has been depreciated on a straight line basis over 7 years (14%).
2 TRUSTEES AND EMPLOYEES
The Trustees did not draw salaries. There were no employees.
3 DONATIONS RECEIVED
On September 12, 2017, £163,916 was paid to the charity by Toc H.
4 FIXED ASSETS
Website Cost £ At 1 April 2023 5,000 Additions - At 31 March 2024 5,000 Depreciation At 1 April 2023 2,142 Charge for the year 714 At 31 March 2023 2,856 Net book value at 31 March 2025 2,144
Net book value at 31 March 2024 2,858 Page 6
THE OLD TALBOT HOUSE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5 RESTRICTED FUNDS
2025 2024 £ £ Toc H Capital Transfer: 2017 192,318 189,606
The transfer of £914 relates to the cost of website hosting and website depreciation in 2021/22, classed as unrestricted dexpenditure in that (first) year, but as restricted since. This transfer corrects the 2021/22 accounting.
The debit balance on unrestricted funds of £3,225 relates to the cumulative costs of London fundraising events from 2021 to 2023 inclusive, al of which were classed as unrestricted expenditure. The Trustees will consider whether to transfer this balance to restricted funds, given that, during this period, £5,000 was transferred to the Talbot House Association.