Charity registration number 1171404
Company registration number 10429312 IEngland and Wales)
WELFORD FAMILY TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30JUNE 2025

WELFORD FAMILY TRUST
LEGAL AND ADMINisfRATIVE INFORMATION
Trustees
Mr A W Welford
Mrs D M Welford
Charity number
1171404
Company number
10429312
Registered office
Manor Stables
Beech Road
Oxhill
Warwickshire
CV35 OQE
Independent examiner
TC Group
Celixir House
Stratford Business & Technology Park
Innovation Way, Banbury Road
Stratford-upon-Avon
Warwickshire
United Kingdom
CV37 7GZ

WELFORD FAMILY TRusr
CONTENTS
Page
Trustees report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
6-10

WELFORD FAMILY TRUST
TRUSTEES REPORT IINCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 30JUNE 2025
The trustees present their annual report and financial statements for the year ended 30 June 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the
financial statements and comply with the chairty's Memorandum and Articles of Association. the Companies Act
2006 and "Accounting and Reporting by Charities- Statement of Recommended Practice applicable to ch¥ities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK a￿1 Republic of
Ireland {FRS 102}" (effective l January 20191.
Objectives and activities
l. To advance the Christian faith in accordance with the Charity's statement of faith;
2. To relieve those in need , hardship or distress of any kind,.
3. To advance education in accordance with Christian Principles,-
4. To fulfil such other charitable purposes as the trustee5 think fi't-
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
chairty should undertake.
Grant applications are by invitation from the Welford Family Trustees only.
Volunteers
The trustees with to thank all of the volunteers who support the charity.
Achievements and performance
Significant octivities ond achievements ogainst objectives
We have set a policy for giving to projects that we determine. Applications will be invited by the Trustees and no
uninvited requests will be considered.
Financial review
Investment policy and objectives
The Charity's memorandum and articles of association authorise the trustees to invest or deposit fvnds as may be
thought fit.
Flnancial performance
The net deficit for the year was £926, comprising total incoming resources of £29.500, total resource5 expended of
£30.426.
Total funds at the year end were £3.
As we are a grant giving trust from a cash fund no reserves policy exists. We will gift from available cash inline with
the grant application process.
Plans for future periods
Our hope is the fund will grow and can assist in line with out objectives given the policy referenced above.
Strurture, governance and management
The charity is controlled by its governing document. a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.

WELFORD FAMILY TRUST
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORll (CONTINUED)
FOR THE YEAR ENDED 30JUNE 2025
The trustees, who are also the dirertors for the purpose of company law. and who served during the year and up
to the date of signature of the financial statements were-
Mr A W Welford
Mrs D M Welford
Recruitment and oppointment of trustees
Trustees are appointed in accordance with he Articles of Association.
Other motters
Indurtion and training of new trustees
It is the charity's policy that new Trustees undergo an orientation process to brief them on their legal obligations
under charity law, the charity's governing documents, the committee decision making process, the business plan
and recent financial performance of the charity- Trustees are encouraged to attend appropriate external training
events that will assist them in carrying out their role.
The trustees report was approved by the Board of Trustees.
Mr A W Welford
Trustee
9 October 2025

WELFORD FAMILY TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF WELFORD FAMILY TRusr
I report to the trustees on my examination of the financial statements of Welford Family Trust ItIE chairtyl for the
year ended 30 June 2025.
Responsibilities and basis of report
As the trustees of the chairty land also its directors for the purposes of company lawl you are r6ponsible for the
preparation of the financial 5tatement5 in accordance with the requirements of the Companies Act 2006 (the 2006
Act).
Having satisfied myself that the financial statements of the chairty are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination ofthe chairty's
financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my
examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl
of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matter5 have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting record5 were not kept in respert of the chairty as required by section 386 of the 2006Act- or
the financial statements do not accord with those records: or
the tinancial statements do r)ot comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a true and fair view which is not a matter consid￿ed as
part of an independent examination,. or
the financial statements have not been prepared in accordance with the methods and principle5 of the
Statement of Recommended Practice for accounting and reporknng by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination to whrh attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be
reached.
CCQ /
TC Group
Celixir House
Stratford Business & Technology Park
Innovation Way. Banbury Road
Stratford-upon-Avon
Warwickshire
CV37 7GZ
United Kingdom
Dated.. 9 October 2025

WELFORD FAMILY TRUST
STATEMENT OF FINANCIAL A￿1VITIEs
INCWDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30JUNE 2025
Unrestricted
funds
Yearto June
18 month
2025 period to June
2024
Unrestricted
funds
Notes
Income from:
Donations and legacies
29,500
Total income
29,500
Expenditure on:
Charitable activities
30,426
37,648
Total expenditure
30,426
37,648
Net gains/llosses) on investments
538
Net expenditure and movement in funds
(926)
137,1101
Reconciliation of funds:
Fund balances at l July 2024
929
38,039
Fund balances at 30 June 20Z5
929
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derive from continuing activities.

WELFORD FAMILY TRUST
BALANCE SHEET
AS AT30 JUNE 2025
2025
2024
Notes
Current assets
Cash at bank and in hand
423
1.679
Creditors: amounts falling due within one
vear
io
{420)
17501
Net current assets
929
Net assets excluding pension liability
929
The funds of the chairty
Unrestricted funds
929
929
The company is entitled to the exemption from the audit requirement contsined in section 477 of the Companies
Act 2006, for the year ended 30June 2025.
The director acknowledges her responsibilities for complying with the requirements of the Cornpanies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question
in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companie5 subject
to the small companies regime.
The fFnancial statements were approved by the trustees on 9 Ottober 2025
Mr A W Welford
Trustee
Company registration number 10429312 (England and Wales)

WELFORD FAMILY TRUST
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 30JUNE2025
Accounting policies
Charity inforniation
Welford Family Trust is a private company limited by guarantee incorporated in England and Wales. The
registered office is Manor Stables, Beech Road. Oxhill, Warwickshire, CV35 OQE. England.
1.1 Reporting period
The accounts were extended to an 18 month period to June 2024 for administrative purposes, theref(Ke
comparative amounts presented in the financial statements (including the related notes) are not entirely
comparable.
1.2 Accounting convention
The financial statements have been prepared in accordance with the chairty's Igoverning documentl, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic ol
Ireland" I'FRS 102.1 and the Charities SORP "Accounting 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 {FRS 102)" {effective l January 20191. The
chairty is a Public Benefit Entity as defined by FRS 102.
The chairty has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The fi'nancial statements are prepared in sterling, which is the functional currency of the chairty- Monetary
amounts in these financial statements are rounded to the nearest £.
The linancial statements have been prepared under the historical cost convention, Imodified to include the
revaluation of f reehold properknes and to include investment properties and certain financial instruments at
fair valuel. The principal accounting policies adopted are set out below.
1.3 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the
chairty has adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees continue to adopt the going concern basis of accounting in preparing the financial 5tatement5.
1.4 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are Set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained bythe
chairty.
1.5 Income
Income is recognised when the chairty is legally entitled to it after any performance conditions hwe been
met, the amounts can be measured reliably. and it is probable that income will be received.

WELFORD FAMILY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30JUNE2025
Accounting policies
(Continued)
Cash donations are recognised on receipt. Other donations are recognised once the chairty has been
notified of the donation. unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
Legacies are reco8nised on receipt or othenNise if the chairty has been notified of an impending distribution,
the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
1.6 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic b￿efit to a
third party. it is probable that a transfer of economic benefits will be required in settlement. and the amount
of the obligation can be measured reliablv.
Expenditure is classified by activity. The costs of each activity are made up of the total of dIr￿t costs and
shared cost5. including support costs involved in undertaking each activity. Direct Costs attributaue to a
single activity are allocated dirertly to that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned between those artwities on
a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and
depreciation charges are allocated on the portion of the asset's use.
Income from donations and legacies
Unrestricted
funds
2025
Unrestricted
funds
2024
Donations and gifts
Legacies receivable
17.000
12,500
29,500

WELFORD FAMILY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
Expenditure on charitable actlvities
Audit fees
2025
Audit fees
2024
Direct costs
Donations
30.000
36,945
Share of sUPPOrt and governance costs (see note 4)
Governance
426
703
30,426
37.648
Analysis by fund
Unrestricted funds
30.426
37,648
Support costs allocated to activities
2025
2024
Governance costs
426
703
Analysed between:
Audit fees
426
703
Net movement in funds
2025
2024
The net movement in funds is stated after charging/lcreditingl:
Fees payable for the independent examination of the charity'5 financial
statements
426
703
Trustees
None of the trustees lor any persons connected with them) received any remuneration or benefits fran the
chairty during the year.

WELFORD FAMILY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
Employees
The average monthly number of employees during the year was:
2025
2024
Number
Number
Total
There were no employees whose annual remuneration was more than £60,000.
Gains and losses on inve#ments
Unrestricted Unrestrirted
funds
funds
2025
2024
Gains/{lossesl arising on-
Revaluation of investments
538
Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
10 Creditors: amounts falling due within one year
2025
2024
Accruals and deferred income
420
750
11 Unrestricted fund5
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestritted funds by the trustees for specific purposes.
At l July 2024
Incoming
resources
Resources
expended
Gains and
losses
At 30 June
2025
General funds
929
29.500
130,4261

WELFORD FAMILY TrUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30JUNE 2025
11 Unrestricted funds
{Continued)
Previou5 Period:
At l July 2023
Incoming
resources
Resources
expended
Gain5 and
losses
At 30 June
2024
General funds
38.039
137.6481
538
929
12 Related party trdnsactions
During the year, donations of £30,000 {2024: £36,71XIi were paid to Nicodemus. a charity of which AW
Welford and Mrs DM Welford are trustees.
10-