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|Trustees'Report|1to5|
|---|---|
|StatementofTrustees'Responsibilities|6|
|IndependentExaminer'sReport|7|
|StatementofFinancialActivities|8|
|BalanceSheet|9|
|NotestotheFinancialStatements|10to14|
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|**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|
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||||**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|
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|||**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)|
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|||**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|
|4**Other expenditure**|||||
|||**Endowment **|||
|||**funds **|||
||||**Total **|**Total **|
|||**Expendable **|**`2025 `**|**`2024 `**|
|||£|£|£|
|InvestmentManagers'fees||53,482|53,482|41,885|
||_I_|53,482|53,482|41,885|
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|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|
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|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|
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||||||**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 **|
||**April**2023||**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|
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||**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|