THE OANIELL TRUST Charlty Roglstrallon Numbgr 1176166 Compony numbèr CE012592 ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 THE DANIELL TRUST CONTENTS Page TrusteeB' Report Independent Examinerfs Report Receipts and Payments Account Statement of Ass815 and kn'abiliti8S Notes to the Finanaal Statement THE DANIELL TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2025 The Twstees present their report arKI financial stslemenls for Ihe year ended 5 April 2025. The Trustees, report h8s been prepared in a¢eord8nce with the Trust's goveming dc¢umenl. the Charities Act 2011 and 'Accounling and Reporting by Charities.. Slalemenl of Rewmmended Pract%e applicable to Ch￿tieS preparing thelr accounts in ￿COrdanCe wlh the Financial Reporbng Stsnd8rd applicalJe in th8 UK and Republic of Ireland IFRS 1021. leff8Ctive from 1 January 2019). The financial statanents have been prepared on a receipts and payments basis. ObJKtlvos and ActivitieB The Trustees have rewewed the objecfjves of the chaTty as wt of a CIO 8ppllcati)n. objective5 of the Trust summarisgd as fd1ow￿... 1. We gjpport the care and educalion of children or ot￿r$ vAth severe leoming difficulties. 2 We also support enviffjnment81 conservation charfles, IncI￿JIng I￿>se with a vJildlrf& focus combined %*lih IoGal communéty ￿gagem￿￿. Achievements and Pèrfornian¢• In planning the charty's actNilies, the Trustees have paid due ragard to the Charity Commission's guidance on public benefit. The Trust has estsblished its granl-making policy to echteve its objects forthe public benefit lo improve the care and educ8tion of children lor olhetsl wth severe leaming drffieullies and lo encourage enwronm6ntal conservation (Includlng of wil¢Jife and buildlngs}. The beneficiaries of grants are from 011 se¢tors of swety ar￿ the Trust c(￿Ider 011 applicallons vthgrg they fit with the objeclNes of the Trust. The grants in the peritxI have been to ccfflmunity trusts, wldlife charities. children's centres and organisations thot 8ssisI yoiJig Peop￿ wlth special needs. The Charit￿¥ irtome for the period was all derived frc*n investments. No fun(1 r8ising actiwknes were cathed OUL Financial R•vlew The charity$ inccme for the year amounted to £22.422 (2024.. £37.994). During the year £880,CX)0 (2024.. £1￿,000) was Committed for (k)nations. In line With Iheir plans Ihe fvture. during the ye8r eThJed 5 April 2024 the Tr￿￿ sotd its inyesknenl pcfNolio as part of the ￿1nding40Wn process. £811,959 was Taised from the sale of the Tru$fs inveslmenl$ and thè cash held V+ilhin the investsnent portfolio for distribu￿tsn durfng the year ended 5 April 2025. Rosorves Policy The charity¥ operation does not currenty require a reserve. THE DANIELL TRUST TRUSTEES, REPORT {Contlnuod) FOR THE YEAR ENDED 5 APRIL 2025 Plans forth• FU￿re The Trustees have agreed that they will aim lo wind up the trust within three years by making one-off larger grants to organisalw)ns that will both supwi the Charty's objectives and leave a lasting legxy in memory of Anthony ond Ncfeen Daniell. With assislAnee from É consultant. Expressions of Interest were sought freffl eligible chariti8S and a large numb8r receiv8d. From thase submissions and 8ft8r a rigorous assessm￿1 prO￿ss. the trustees In￿lted a smaller number of charities lo prepare Full Applications and as a result the Trustees are commltted to fijnding 11 projeGls supporting the environment and special educgtion. The trust is likelyto bg in posilion lo complata tha allocation ofgrants during 2026 wth tha wnding up proc8ss completéd In 2027. Structure and Governance The Trust was constituted under 8 Trust Deed dated 30 November 1993. This ¢￿Verted to a Charit8bl8 Incorporated Organisation {CIO} on 7 December 2017. At the Tru51ees' meetings, the Trustees agree the broad strategy and areas of acttvity for the Trust including consideration of grant maklng, Investsnent, reseNes and risk management. There shall be al le8St three TTUStees. Additional Trustees can be appointed at any Trustees, meeting or at a special meeting of the TNstees. Recrullment and Appolntment of TnMtee8 In ￿eW of the d￿l$lon lo V•ind up the Chgrity. it Is unlikely that additional Trustees vlill be oppointed although if a n8w Trust88 was rewired, they would be provid8d with a copy of th8 Trust De8d and have a meefing wilh the existing Trustees to explain the aims and objectives of the Twsl. The Trustees are responsible forkeeplrKJ suffici8nl accounting records that dlsdose with reasonable 8ccur8Cy at any time the financial p05ilion of the Trust and enable them to ensure that the accounts comply with the Charlties Act 2011. the Charity {Accounts and R8ports} Regulatlons 2008 and the provlsic￿s of the Trust Deed. They are also responsible for safe9uarding thè ass6ts of the Trust and hence for taking reasonable steps for the preven￿'on and detection of fraud and other irregularities. THE DANIELL TRUST TRUSTEES. REPORT (Contlnuod) FOR THE YEAR ENDED 5 APRIL 2025 R•for•nc• and Administrative D•talls The Daniell Trust is a Choritable Incorpoiated Organisatron number CE012592 registered by the Charlty Commission for England ond Wales No. 1176166 on the 7 December 2017. Truste Odette Murray Wll Presfvnod Keith Bennett Camien Cullis Katie Edwards PrlnGlpal Offl¢è 1 Brassgy Road Old Potts Way Shrewsbury Shropshire SY3 7FA The Twstees, report wa$ approved by the Board of Trustees and signed on their behalf by Wllliam Pr¢stwood Trustsg 17:1.K...J¢.Ig THE DANIELL TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025 I report to the Tnjstees on my examinatM of the financi81 statement of The D8niell Trust for the year ende S April 2025. which are set out on pages 5 to 7. Responslbllltlos and basls of report As the Trustees of the chanty you are responsible forthe PTgparation ofihe financial statements in aGGordanGe the requirements of the Charrties Act 2011 (the Act}. The Trustees have engaged Dyke Yaxley, a firm of which l am a dK8Ctor. lo provide bookkeeping s8rvic8s to The Daniell Trust. I have considered the guidarKe contained in the FRC'8 Revised Ethical Standard and ¢on¢luded that the provision of bookkeeping seM¢e dogs not PQSg a ihreat to my inlegrily. obigctivity arKI IndePer￿nCe 8$ 8n examiner. 8nd does Th)1 impact on my 8bilrty to cary out this independent examination. I report in respect of my gxaminalK)n of the chorty'$ financial Statements ¢grried out under $ection 145 of the Act. In carrying out my ex8min8tion I have followed 811 the applicable directions given by the Charfty Commission under section 14q5Xbl of the Act. Independent examiner's statoment I have COMP￿ my examinalion. I confirm that no material matters have come to my attention in connection the 6xamin8tion giwng me eause to believ6 that in any material respe¢t. occounting recuds were not kept in respect of the charity as required by sec11(￿ 130 of the Act, or th8 financial slalements do not accord wth those records. I have concems and have come across no other tnatters ￿ connection ￿1th the examination to s¥hich attention should be drawn in this report in order to enable a proper understsnding of the financial stslements to be reached. Audrey Ylllllams FCCA Dyke Yaxley 1 Brassey Road Old Potts Way Shrew5bury Shropshirg SY3 7FA Dated Is Odufflh THE DANIELL TRUST RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2025 Unrestrlcled Unro¥trict•d Funds Funds 2025 2024 Recelpts Investment Income Interest Olher Income 24.051 12,221 1,722 22.422 22.422 37.994 Receipts from sah of Invo$tmont• 811,959 Total rncglpts 22,422 849.953 Payments DonatSons Accountsnt5' fee5 Bank charges Consultsncy fees Website costs 100.0 1.680 6,636 6,805 101 887,681 108,545 Pur¢haso of inv•gtm•nl8 T¢)tsl payments 887,681 108,545 Net ol rn¢eipts l (paymont•} {865259) 741,408 Cash luDd$ at 6 April 2024123 1.498,980 757.572 Cash fund6 a15 April 2025124 633,721 1,498.980 THE DANIELL TRUST STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 5 APRIL 2025 2025 2024 Cash Funds Cash al bank and in hand 633,721 1,498,980 Li•biliti Fund Amount due Amount due Accountants. fee 2023 2024 2025 Unrestricted Unrestricted Unrestricted 2,556 3.108 2.400 17112125 The finanoal ststsments were approved by tho Truste8s on................... Wllllam Pres Tru$t¢e THE DANIELL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Notes to the financlal ststements Tn￿1#0 R•mun•rallon and •xpenses Nor* of the Trustees le¢ any perscms Cor￿¢18￿ with Iheml recewed any remuneration or benefits from the chwty durwu the year12024: None). During the year, cffle Irustse w0$ reimbursed expenses amounting to £101 relathng to web$ite ¢osts12024: No trustees w*re rnimbursed).