THE MERIEL GWNETH LEA CHARITABLE TRUST
[A charitable, incorporated organisation registered with the Charity Commission number 1179927]
YEAR ENDED 31 DECEMBER 2025
TRUSTEES REPORT
Principal Objectves of the Trust
In accordance with the terms of her will, Meriel Gwyneth Lea who died on 8 July 2014, left one half of her residuary estate upon trust for charity.
The charity trustees were directed to establish a charitable trust upon such terms and conditions as they in their absolute discretion thought fit. This was subject to it being a valid charity registered with the Charity Commission for England and Wales.
The charity was registered with the Charity Commission on 18 September 2018 as a charitable, incorporated organisation with Charity number 1179927.
In accordance with the letter of wishes attached to the will of the late Meriel Gwyneth Lea the objects of the trust are to further such charitable purposes [charitable under English law] as the trustees see fit from time to time; in particular but not limited to:
[1] The advancement of education including awarding scholarships, maintenance allowance and grants and providing funds to such educational establishments so that they may make such awards.
[2] The prevention of relief of poverty in England and Wales by providing grants and donations to other registered charities working to prevent or relieve poverty including but not limited to those who are working to assist those who are homeless.
[3] The relief of need of the elderly and infirm by the provision of housing and support calculated to relieve the needs of such persons.
Full details of the Trust are contained in the constitution which was registered on 14 September 2018 and sets out the objects of the Trust and the powers of the trustees.
Organisaton of the Charity
The charity is governed by the aforementioned constitution registered on 14 September 2018 under number 1179927.
During the year the following persons served on the Board of Trustees: Michael John Stirton and Anthony Wayne John. It is reported with regret that Anthony Wayne John passed away on 21 August 2025.
Statement of Trustees Responsibilites
Under Charity Law, the trustees shall prepare proper financial statements for each financial year. In preparing those statements, generally accepted accounting practice reuires that the trustees:
[1] Select suitable accounting policies and apply them consistently.
[2] Make judgements and estimates that are reasonable and prudent
[3] Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Trust will continue its activities.
The trustees are required to act in accordance with the constitution within the framework of the objects and powers contained therein. They are responsible for keeping proper account records. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the trust and to prevent and detect fraud and other irregularities.
Financial Review of the Year
Summary:
The income for the year showed a net surplus of £3,252-07 being bank interest which will be carried forward.
A total of £15,600-00 was made in donations to one individual to relieve his homelessness and enhance his progress in higher education.
THE MERIEL GWYNETH LEA CHARITABLE TRUST
[A charitable, incorporated organisation registered with the Charity Commission number 1179927]
Trust Accounts for the year ended 31 December 2025
Opening balance as at 1 January 2025 £412,315-89 Interest earned £3,252-07 Sub total £415,567-96 Less payments [1] Donations £15,600-00 [2] Legal fees £12,000-00 [3] Bank charges £10-00 Sub total £27,610-00 Closing balance as at 31 December 2025 £387,957-96 …………………………………………… MICHAEL JOHN STIRTON [Trustee] May 2026