Registered Charity Number 1171729 THE ANDREW WORKMAN FUND Contents Page Trustees, Report Statement of Financial Artivitie5 Balance Sheet Notes to the Accounts
THE ANDREW WORKMAN FUND TRUSTEES. REPORT FOR THE YEAR ENDED 31ST DECEMBER 2025 TRUSTEES. RESPONSIBILITIES Charity Law requires us as trustees to prepare financial statement5 for each financial y*•r which give true ?nd fair view of the state of affair5 of the charity and ol the profit or1055 of the charity for that period. In preparing those financiJl staiemènts, the trustees are required to.. - select suitable accountin9 policbes and thèn oppty them consistently.. make judgements and estimates that are reasonable and prudent- prepa the financial statements on the 9oFng concern basis Ijnless il is inappropriate to Pfesume that the charity will continue in business. We are responsible for keeping propel accounting records which disclose with reasonable accurary al any time the financial position of the charity and to ensure that the financial statemènts compby wtth the Charities Act 2011. We are also responsible for safeguarding the assets of the charity and hente for reasonab step5 for the prevention and detection of fraud and othei irregtslaiities. Trustees Carole Smith lapposnted until the AGM to receivè the 2025 Accounts) Peter Hall (appoint until the AGM to receive the 2026 Accounts) Suzanne Devine (appointed until the AGM to receive the 2027 Accounts} Ty 7-dl 2027 Ex-officio Trust Illoll [0 Ay2C John Hay Ichurch Warden of St Martins, North Nibleyl Rev Lesley Hewish IPriest tn charge of St Martins North Nibleyl Princi The principal actNity ol the charity is to advancè thè Christian Religion in North Nibley for the benefit of the public, by the provision of grants to kKal organisations and indiv¢duals, with particular emphasis on those whg are less active and close to the Church, the young to bring ihem along the path to God. for the eldey, to return to this th should they stfay. General Reserve's Policy - We have ascertained thai thèrè 15 no reqU1ment to hold a a 5ubstanlial sum. The Trustees feel that we need to hold only a token sum and that the aim of OLtr charity is to make grants as widety available as funds permrt. 21 ON BEHALF OF THE TRUSTEES Peter Hall - Chaimia
THE ANDREW WORKMAN FUND STATEMENT OF FINANCIAL ACTIVITIE5 FOR THE YEAR ENDED 31st DECEMBER 2025 2025 2024 Unre51Ti(ted Ehdowment Totsl Note5 INCOMING RESOURCES lftvestment Income . Bonds L)eptssit Interest 1.795 239 1.372 3.167 239 3.261 273 2,035 1.372 1534 CHARITABLE EXPENDITURE Chaiitsble Giv*ThJ 14.1)011 14.0011 11.2681 NET INCOMING RESOURCES 11.9661 1,372 15941 2.266 UNREALISED GAINSIILOSSESI ON Rf-VALUATIQN OF INVESTMENTS 088 f7831 NET MOVEMENT IN FUNDS FOR THE YEAR 11.9661 7.459 5,493 1,483 FUNDS 6ROUGHT FORWARD 14.076 82.188 264 94.781 FVNDS CARRIED FORWARO 12.110 89,647 101.757 96.264
THE ANDREW WORKMAN FUND BALANCE SHEET AT 31st December 2025 2025 2024 Notes INVESTMENTS 89.920 82,461 CURRENT ASSETS Balance at Bank 11,837 13,803 NET ASSETS 101,757 96,264 Financed by.- General Purposes Fund 72,110 14,076 Endowment Fund 89,647 82,788 101,757 264 These financial statements were approved by the Trusteès on ON BEHALF OF THE TRUSTEES IL( Peter Hall Chairman
THE ANDREW WORKMAN FUND NOTES AND SCHEDULES ON THE ACCOUNTS TO 31st December 2025 ACCOUNTING POLICIES al Th? financial statements have been piepared on the historical cost convention, the accounts are in accordance with applicable atcounting standards, the Charities SORP IFRS 1021 IAccounting and Reporting by Charitie51 and comply with the Charities (Accounts and reportsl Regulatior15 2005, i$5ued under the Charities Act 2011 bl Voluntary income 15 re1Ved by way of donation and gifts and Trs in¢ludtil in tull in the Statement of Financial Activities when receivable. The value of servtces provided by volunteers has not been i&¢luded. cl Resources expended afe recoyni5ed in the period in which they are incurred, and Trnclude attributsble VAT which cant)ol be recovered. ANALVSIS OF NET ASSETS BY FUNO Net è5sets Unrestricted Funds 32.110 89.647 Endowment Fund £101,757 INVESTMENTS BLK Chorities BLK Charities TOTAL UK Bond Fund UK Equity Fund A Accumulation A Income Original Investment Income reinvested brought forward Incomè iÈinve5ted this year 55.000 30.000 6.730 1,372 38,102 4,754 5,458 10,212 85.000 6.730 7.372 55.000 114.0241 630 93.102 19,2701 Revaluation brought fornard Revaluation this year 113.3941 13,182} MARKEf VALUE 31ST DECEMBER 2025 £41.606 £48.314 £89.920 £40 BALANCE AT BANK Natwest 6,L £5.835 £71,837 CCLA CHARTITA8LE GIVING North Niblèy Sthool Leavers. Bibles North Nlbley Chapel, Messy Church Sponsorship North Nibley Church Microphones North Nibley khool "Open the Book" 319 150 3.476 56 £4.001