2025-03-31-accounts

Trustees'Report	1to5
StatementofTrustees'Responsibilities	6
IndependentExaminer'sReport	7
StatementofFinancialActivities	8
BalanceSheet	9
NotestotheFinancialStatements	10to14

**Trustees **	SusanWithey
	PeterWithey
	LukeWithey
	AnnaWithey
**Principal Office **	CharlesRussellSpeechlysLLP
	5Fleet Place
	London
	EC4M7RD
**Charity Registration Number **	1177028
**Solicitors **	CharlesRussellSpeechlysLLP
	5FleetPlace
	London
**Bankers **	EC4M7RD BarclaysBankPie
	1ChurchillPlace
	London E145HP
**Independent Examiner **	Kerry HawkinsFCCA,UHY RossBrooke
	CharteredAccountants
	3lACharnhamStreet
	Hungerford
	Berkshire ,
	RG17OEJ

			**Unrestricted **	**Endowment **	**Total **
			**funds **	**funds **	**2025 **
		**Note **	£	£	£
**Income and Endowments from: **
Investmentincome		2	140,397		140,397
**Expenditure on: **
Charitable activities		3	(72,815)		(72,815)
Otherexpenditure		4		(53,482)	(53,482)
TotalExpenditure			(72,815)	(53,482)	(126,297)
Gains/lossesoninvestmentassets				136,757	136,757
Netmovementinfunds			67,582	83,275	150,857
**Reconciliation of funds **
Totalfundsbroughtforward			1,448,752	8,743,299	10,192,051
Totalfundscarriedforward		9	1,516,334	8,826,574	10,342,908
			**Unrestricted **	**Endowment **	**Total **
			**funds **	**funds **	2024
		**Note **	£	£	£
**Income andEndowments from: **
Investmentincome		2	221,456		221,456
**Expenditure on: **
Charitableactivities		3	(181,463)		(181,463)
Otherexpenditure		4		(41,885)	(41,885)
TotalExpenditure			(181,463)	(41,885)	(223,348)
Gains/lossesoninvestmentassets				883,380	883,380
Net movementinfunds			39,993	841,495	881,488
**Reconciliation of funds **
Totalfundsbroughtforward	I		1,408,759	7,901,804	9,310,563
Totalfundscarriedforward		9	1,448,752	8,743,299	10,192,051

		**2025 **	2024
	**Note **	£	£
Fixed assets Investments	6	10,025,660	9,677,554
Current assets Debtors	7	31,401	28,716
Cashatbankandinhand		307,508	542,183
		338,909	570,899
**Creditors: Amounts falling due within one year **	8	(21,661)	(56,402)
Net current assets **Net assets **		317,248 10,342,908	514,497 10,192,051
Funds of the Charity: **Endowment funds **		(8,826,574)	(8,743,299)
Unrestricted income funds Unrestrictedincomefunds		(1,516,334)	(1,448,752)
**Total funds **	9	(10,342,908)	(10,192,051)

		Unrestricted **funds **
			**Total **	**Total **
InterestandDividends		General £ 140,397	2025 £ 140,397	2024 £ 221,456
3**Expenditure on charitable activities **
		**Activity **
		undertaken **directly **	Total 2025	Total 2024
		£	£	£
Legal and professional-grantmaking GrantsPayable		26,518 22,669	26,518 22,669	35,481 114,410
Legalandprofessional-governance		14,279	14,279	19,105
Independentexaminerfee Accountancyfees		3,600 4,600	3,600 4,600	3,336 7,988
Trusteesexpenses		1,149	1,149	1,143
		72,815	72,815	181,463
4Other expenditure
		**Endowment **
		**funds **
			**Total **	**Total **
		**Expendable **	2025	2024
		£	£	£
InvestmentManagers'fees		53,482	53,482	41,885
	I	53,482	53,482	41,885

Otherinvestments		2025 £ 10,025,660	2024 £ 9,677,554
**Other investments **
		**Listed **
		**investments **	**Total **
		£	£
**Cost or Valuation **
At1April2024		9,677,554	9,677,554
Revaluation		136,756	136,756
Additions		2,714,883	2,714,883
Disposals	I	(2,503,533)	(2,503,533)
At31March2025		10,025,660	10,025,660
**Net book value **
At31March2025		10,025,660	10,025,660
At31March2024		9,677,554	9,677,554

7**Debtors **
Otherdebtors	2025 £ 31,401	2024 £ 28,716
**8Creditors: amounts falling due within one year **
	**2025 **	2024
Trade creditors	£ 4,500	£
Grantcommitments		21,000
Accruals	17,161 21,661	35,402 56,402

					**Other **	**Balance at **
	**Balanceat 1 **		**Incoming **	**Resources **	**recognised **	**31 March **
	**April2024 **		**resources **	**expended **	**gains/(losses) **	2025
	£		£	£	£	£
**Unrestricted funds **
Unrestricted general funds
unrestricted generalfund	1,448,752		140,397	(72,815)		1,516,334
**Endowment funds **
Expendable endowment funds		~
Endowmentfund	8,743,299			(53,482)	136,757	8,826,574
**Total funds **	10,192,051		140,397	(126,297)	136,757	10,342,908
	I				**Other **	**Balanceat **
	**Balance at 1 **		**Incoming **	**Resources **	**recognised **	**31 March **
	April2023		**resources **	**expended **	**gains/(losses) **	2024
	£		£	£	£	£
**Unrestricted funds **
Unrestricted general funds
unrestricted generalfund	1,408,759		221,456	(181,463)		1,448,752
**Endowment funds **
Expendable endowment funds
Endowmentfund	7,901,804			(41,885)	883,380	8,743,299
**Total funds **	9,310,563		221,456	(223,348)	883,380	10,192,051

	**Unrestricted **	**Endowment **
	**funds **	**funds **
		**Expendable **
	**General funds **	**funds **	**Total funds **
	£	£	£
Fixedassetinvestments		10,025,660	10,025,660
Current assets	1,524,434	(I,I85,525)	338,909
Currentliabilities	(8,100)	(13,561)	(21,661)
Totalnetassets	1,516,334	8,826,574	10,342,908