Pwl Jennin85 And Je4KUe thjnn Clwitsbk Foundotion R¢gisterul dwity nurnbtr.. 118289fl The Paul Jennings And Jcancttc Dunn Charitabl¢ Foundation Regisiered charity number 1182890 Annual report & accounts 5 April 2025
Registered chariry nthnbtt: 1182890 Cowtsntg Reftrence and administrive infonnation T, Annual reFKA¢ Statrmeni of Financial Activits Balance Sheet Note5 to the 7-10 Trnstees Nig¢] Rowky Alison Green Maung Aye PrIne11 Offltt S PllbertOll Row. EC4A 3BA MGI mlY Srtellitig LLP. lix H(¢. Bthr Sw Wld8@ Surrey. KT13 8AH Inv¢slm¢nt M•n*ien HMFC Wealth Br¢win Dolphin Saunderson House Union BatKaire Privee Solieitors Mackrell Soli¢iwr& 5 Pembertort Row. Lor EC4A 3BA
The Pwl And Jeanette Charitabk Foundation Registered charity number.. 1182890 Annual report and acc(nIS rt for the Tntee$ for the rlod eDd 202 The Tttt$ PTe5ent their reF alon8 With the fin•i¢ial swements of the Charity for pericd end¢d 5 April 2025. The Financial Staiements have teen w¢pared in a¢clyd with the ac¢ountm8 N)li¢ies set on pa8e 7 and 8 and comply with the chanty's trust deed appli¢•ble law. Stru¢tsrfy gov¢rn4JK¢ •ud m•n•gememt The Governing thxumeni is a Tntst Deed dthl 27 F¢iYw 2019. Th¢ tn¥¢s m¢¢¢ b1-ylIY to tht¢rniin¢ th¢ general p)licy of the charity. - Ni8el Rowtey- Appoitittd 27 Fe 2019 - Alison Green- ApNJintwJ 17 Orber 2023 . Maung Aye. Appointed 17 Octobff 2023 None of the truste¢s halr any beneficial interut tn the cknty. The In(ee5 have a&S¢d mljw risks w which the ¢lwity ts ex and have revie%•td those risks and esiablished Objetts etlYltlts The TTUSttts musi apyty the Iorne arf * their disudiw ail w pm of the capithl of th charity in fffiherin8 objects. Grxttt m#kl•g pollcy The Tnot has established its grn making FKtyli¢y to tdieve the Trusts obj#¢ives to Supp other re8 dwi¢ie5. The T do not generalty accept un¥oliGitvJ ¥pplication5 for fi]5 aNI their re5c4h and exp¢rien¢¢ to IDves¢ment p)Iky The Tnwee5 have a 881 of investsnl and $0 hAt the frethn to Inve in invesllnent asse¢s as see Publlc benent Jn neting ihe obje¢tiwes the Tntyes IAve 8iTh ¢onsikn to the CTharity Commission's sl8u}d1e on wbli¢ b¢nefit and judge th¥¢ all donations nwde me¢t thij sum1ae. All d(Wlions we ITd in Note 3 and 4. AehltYemeTrts Thd PerfDn*anee tothllin8 £400.000 (2024.. £20,000) hv¢ Ixen m&Je in the and xe ddailed in 4 of these Financial Ststements.
Th2 Pwl Jennings And jealtte Dunn Chwimbk Fotati1)n Regi51ered charity nthnb¢r.' 1182890 rtforthe Flnan¢l•l revlew During the F¢riod the charity received total income of £108,509 (2024.. £97233) and paid $upport costs of £57,CX13 12024.. £62.999) leawng a wlus of ful before srnnts of £3.020J40 (2024.. £3.394.855). TO1 donations of £400.000 (2024.. £20:000) were m&le in furthernnce of the dthrity's objectives dwirg the year. Tthe ¢hJrWs surplus before gatns or1098e8 on inv¢5frnents £2.683J56 (2024.. £3,086.990). A5 at 5 April 2025 the wl vhlue of the inv¢sthni pthlio at £3.013.330 (2024.. £3,403,575) net of management charges. Investhts sold in the )tor realised a nd loss of £55,140 (2024.. £88,945 loss) and pcffifolio was rev41ued ai the year end r¢suliins in an unrnlised gain of £29,119 (2024.. £287.B24 SAIO). Th¢ ¥¢ sAusfied with thB results Irtd activilies duru¥0 the Restrvts policy It is the policy of the trustees to maSnt85n unrestricted at a level suffKient both to maintsin an adtve ongoing gran[Ing prnsnmw wll u to fuDd futu committn¢nts %thich might be s)ntutained w enr¢tvJ ittto. The reservm poliey is reviewtd nnlly. Plns for th tsture The Trust¢es will be investin8 the tru¥t capilal in orthr a resular of Inme. Tnut¢es' rupoTrSibililS reltloo to the finndl stst¢me4ts Law ¥pplicable to charities in Eland and Wiles r4uire5 the Tru#ees to prepare fanciAl $tatemMrs for ¢•th rinancigl y¢ar which give a tn tht fiir view of the charity's financial activitie5 during the year and of its finala1 position at the end of the yetr. In preporui- th05e fin11 sMtemen the att rewr¢d to.. . 3elea $uiuble a¢¢ounting lICIeS then wly them CthSiStrndT. - make judgements and estimates tha¢ are retsonable pruden4 . srate %Jerher 8PPlt¢able acco[18 siandards and stscemaits Otrecom h•Y been followed subject to any deFW¢ disc103ed and expfairtd in the ftnarKial Statemen and . prepare the financial 44tetnents on the going ¢on¢ern kni5 Ullles8 it i5 inaForowe to presum¢ thar the charity will ¢ffltinue in cpeNio The TnJtees ar¢ resp1 le for keepiD8 a¢¢oththD8 fteorth whieh disclose with lettable ¥¢uracy at w tim¢ the finan¢ial posiiion of the charity and trb than io ¢nsur¢ the fllunciaj Jtthrnts ¢oD4)ly with the Charities A¢t 2011. the Charity (Accouftts and ReF5) Re8uTattLMts and the trust deed. They are tho responsible for safegu8rdin8 th¢ ossets of the charity and lthce for Mking reasonable steps ftir the eVtiOn and deteciion of froud and h¢T irregulariiies. Dixlosuru of ioformatlon to #udltors E3ch of the trustres has eonftrn*l th# there is no Inform of whith wthich is Yelevant to the audii but of whi¢h the auditor . They have furdw confirnd haye tak¢n appropriate step5 ¢0 identify such relevart info on App owley Trust¢¢
Regisred chariry number: 1182890 Arffi r¢Fffj accoun We report on the xc(wnts of the the year erded 5 Alril 2025 which are set on page5 6 to 15. llse requiremettts ofthe Clwities (FRS 102). Respeettve respoftsibilities of trustets And euthiner As the Charity's tr51¢£5 of th¢ Company (who are also the dire¢¢iKs of the ¢ompw for the purwTrses of company law), you are r¢5ponsible for the &Y¢F4rn of the fKcounts in aCC(yd wtth the rv4uir¢nKnts of the Companies Ad 2006 2)6 A¢V?. Havin8 satisfied Ourselv that the accounts of the CLMnpany are not required to be auditrd for this year undBr Part 16 of the 2006 Aci arml are eli8ible for iweni examin1 we rewi in resrKa of our examinlon of your Chariry's xcounty as carried under seaion 145 of the Charities Act 2011 (e 2011 Actl. In carying out nry ex8minioN we have followed Dire¢tiOn$ given by the C(Mi1 lurwjer seaion 145(5Xb} of the 2011 A¢t. Independent eximiner's stat¢menl We have complered my examin10n. We corth that no matters FAve corne ro our allention which 8ive5 rne cause io believe that.. ' accourtiin8 records were noi kw in acc((dar with sectirn 386 of the c(ni¢S Act 21J)6; LY . th¢ ¥counts do accord with such records. or • th¢ accounts do not compfy with relevam xcounting reqlli under sectiffl 396 of the Cornpanies Act 21x16 other than any requirement that the accounts give a'm aThl fair, view is a rnatler cLwiderrA as Frt of an independent examtswion. or .the accounts have noi been wepared in xc4xdorKe with the Ckniiies SORP (FRS102). should be drawn in ihis report in order io enabk a wthtthing of the xcounts to be reached. Sarah S 2710312026 Sarah M4Ti¢ Squir¢s BEng FCA IS¢nior &al¢mY Atyjittv) For and on behallof MGI Mid8ley SnelliD8 LL Chart¢T¢d A¢countsnts Siatutory Auditors Ibex House. Baker Street Weybridge Surrey. KT13 8AH
The Paul y1n8$ And Jeanette thmn Clwithble Fouttdatiort Registered charity nwnb¢r.' 1182890 tstem SA r51202 ril 2024 to 6 A ril 2023 INCOME FROM: Donations and legacies 6.127 102.382 18,440 78.794 TOTAL INCOME 108.509 97.234 EXPENDITURE ON: Chorirable Adivilies 457.W3 82.999 TOTAL EXPENDITURE 457,003 82.999 Net Gaitxl(Loss) on investMts (26.021) 198,879 Net incomel(Expt#dlttsrt) for tbe perlod (374.515) 213,114 Net movemellt in funds {374.515} RECONILIATION OF FUNDS Totsl funds brought forward 3J94,855 3.181.741 TOTAL FUNDS CARRIED FORWARD 3,020J40 JJ948SS The ncrtes on pages 7 ty 10 part of thes¢ fina][ si#i¢menL8
The Paul Jennings And Jeanette Dunn Charirabk Foundilion Registered charity nwnber.. 1182890 Annual 1¢Fknd ic¢oun BaIance be 6 A tll 2024 6A r1120 02 2024 Flxed assets Investments 3.013J30 3.403 J75 Current asseti Cash ai bank and in 19505 2210 Creditors: flltng dé wtthlA one yur 12,495) (I 1.000 Net eurreol Issets 7.010 (8.7201 Total n¢t •ssets 3.020.340 3,394.855 Funds Revaluation Tes¢rve UnrrIcted funds 336,984 2.68J.356 3 020,340 307.865 3.086.990 J J94.855 Th¢ finartial stthments were a sied on bthajf of ley
The P•ul Jenning5 And Je•D¢tte rkn Clwrithbk Foundion Regi5tsred charity numb¢r: 1182890 ot to ibe ee(>utsts 112 AfcovTrt5ng p)Ikles The following accounting p)licies hawe been ¥plied eiMyiXMtty in d#]ing with itrms thich gre ¢l1dered 8fUiS ofprepar40 Tr rulaneial statements have been prepared to gifvr a 'true fair. view arml have dewed from the Charities (Accounts and ReF) Regulations 21x18 only to the exieni requirtij to provide a 'true and fair view.. This departure has involved following the Accouniing and Reiti8 by Chartiies: Siaiement of RKLMnmended Praaice applicable ro choriiies prepArin8 their aCcOts in aCcd with FinwKial Rep)rting Sthndord applicable in the UK and Republic of Ireland issued in Ouobtt 2019 rather than the Accouniin8 and Repctin8 by Charities.. Ststrmeni of Recommeth Prxtice effecuve from l ADril 2(K15 hls since been withdrawn. The fuwicial statements we Fwwed on a going concern basis under the hi#orical cost Conventio modified to include certain items at fair value. The financial statements are presented in 5terlll)8 which is the ful1 ¢uffency of the charity and rouThJed to the nearest £1. policies have been ¢(wisMty applied 4U esentj oth¢Jwts¢ swe Incoming res¢wrc Income is Tecogni5¢d when the charity has entitlernert to the fuThls ary perfoTMce conditions Jtt¥hed to the income have been meL ir is probable ihe income will received and that the amount can be ffKasur¢d reliably. Inveslmenl income apend¢d Lillbiliiies roLSed Is resources expended as sl as thert ts * legal Constr1ve obli8ation comrnitti the ¢harity to th¢ ex1]tur¢. All ¢xp¢ndityr¢ is x¢ount¢d fff (M) an KmAls Ix%is. Cos15 of charitJbl¢ acttviti¢5 inclwk and d(Jrwtions madE. Grants and donations are accounted for when eiiher the recipieni has a Teasonable expedation they will recei the income aThJ the trustees have agred to the pa)rnit without ¢onditiw or the recipient hjs a rea)1¢ ¢xpeethtion they will receive the Pa and any tondition AttrKhing to li is thrtside the control ofthe Trtl. Fun applicaiith) on the general purposes of the charity. Desi8Dated fillxls are unrestyi¢¢ed fimds of the charity which th¢ trustees have decided at their disuetion W Jet asRdÈ fsx a 4cific wpose. Restric1 are dM)se tiich have been given for a specific purp)3e.
The Pwl Jennings Ar#J Jeanette Clwritsbk Foundation Registered charity nwnber. 11828 Anfi acci)un Noles to the cto4mts riodioSA 2•25 A¢eou#tthg polldes (to•thb•ed) Fi¥edasJei imsimenis value and ore subsequ¢nily measuttd * their fir V¢ Imth TAlue) a% It tht balnc¢ sheet dltr. Th¢ Ststemeni of Finan¢ial A¢¢ivtiies includes the rK¢ gains and knss¢s arising on revaluion disrA>sals throughout th year. i>d stocks and shares art included in the Bart¢¢ Sheet at the Current value 9trd by the investhient analysL excluding dividend. (Xher investments wt in¢lUdl at the tru#e¢'s be Clmatt of fair value. The main fonn orriftknei81 risk f¥ed by the thwity is of l]Ity in equity rnafkets and iftvesmKrt markets due to wid¢r ¢MMIe Conditio the attttud¢ of Inves15 w in5llen¢ TisK and Changes in sentinmt concerning tyui¢ies •nd within rArticular se¢ts or 5edoTh. Rtoli&edgai&YX ondlwses AII BAins losses are thken to the Stattmeth of Finan¢ial Artith as they vise. Realld losses on investhjents art ¢al¢uia¢ed as the di(fucace betwyen Sales procet& and opening canyin8 74alue Ipur¢hw date if later). unlI15¢d 8ains Ind losses cakulknd a the diffemKe between the value at thE )tar end openin8 Gwin8 value lor wrrhuc de if later). Torallon CaFh ai bank knnd C&sh * battk 2nd ID band inclth firyL5 dep)5ited in a desiwed client xcount held trry Mxkrell &ili¢iwrs. Going ¢oJK¢rn The fuwtciaj statements have been rK¢part4 on a 1& concern b•sis as the truses believe tha¢ Tr) merial uncertairtues exist. The trustees hawe ¢ortsidered the level of held and the exFrtied level of irtcome and exndItre for 12 months from autknrising these finaKial 5tst¢m¢n& Th¢ W ¢xpenditure is deterniined by in¢om¢. Flnaucial inJirHiw¢nis The ¢harity onty kn fina181 assets and liabiliiies of • kind qualify ag basic raw1•1 Insthj Basic nTed at fair value. ank)utiis ]rcogt)ised in the finat)¢ial sthtunents. The following jents at)d est[m we considered by the tswtee$ (l) Fair valw¢ of1m¢Jime The annual of lh¢ inv¢stsneth wifolK is b•s¢d on the ¢WT¢th ak¢¢ vthof th¢ •nd slJ•r¢s. Judgements •nd k¢y so•r¢u of estlw•ti04 ••¢ertal•ty In th¢ applieatioti of the ehlrilies acMtin¥ w)li¢rt the Tntyte¢s #r¢ r4uired to make JIl¢mts. e#imw and umptions atxjul the ¢4rrytn8 amouiit of and liabilities that ut not rtadily #ppucnt from other sour¢es. Tr relevant. Actual results may differ from these tlM recognised in the in wthich the estim¢ is r¢viwJ wh¢r¢ th¢ revision affxts onty th•t PUKMt. or in the of
The Pwl Jennin85 ATrJ Jeane¢t¢ Lkn a)oritabk Fouthion RegistrTr dwtty 1182890 Ann rewt acccwits ri12 2025 2024 3 Total Imcome ik)Dtlons Ind l¢zd Legacy 6.127 6.127 18,440 18.440 Investment IDtODI• Interest received Dividends Teceived Interest pRid 8.941 69.853 67.478 102.382 78.794 Tothl rewwr¢ 108,509 97.234 4 ChArlfblt tflvltl¢s Born Free Hillside Animai Sanduary Surnotran Orangutan Society Centre frjranimais SOCI ju]Ce 20.000 i(M),000 Support fojts Legal and prof¢ssional Inv¢stm¢ni managemeni cos Interest paid Accountsncy Insuran¢e ex 16.757 38.562 39.858 7.680 897 s7.(73 62.999 Total expendll¥re 457.IX)3 82.999 supp)rt costs are atl relatsd to the admintStrion of the charity ft18 of the inYesth)&x rxytftilio. S S¢•ff #nd ¢o$ts There are no staff employ by the dwity. 6 Flxed •M¢t iJv¢stwMts 2025 2024 Ai beginftin# ofyear Addiiions Di$p(wls 3,403J75 510.898 (946.431) 71J09 (26,021 3.013,330 3,195.474 683.509 (711.533) 37.246 198.879 3.403,575 Gains and (losses) on investh)ents Falr vlut It tnd of iht yer Unrealied gain()0$$ts) on hir of InVests Reali5ed gain{losI¢s) on dIsp)l of investsn¢n Tot*1 rttoThcllhtlo• of g#l•sl(loss) t)• Investment 29,119 55.140 26.021) 287.824 {88.9451 198.879
e#ce RegleTed charity number.. 1182890 riodto5A The valuation of the inbutment F0110'S $1 ruerves ld by the wythlio's future inve$ml opp(wl11Cs. Tr main risk to the fr(yn fth•Kial in51nent& lies in the combination of un¢enain investment markets and voliliLy in yield. Th¢ Foundiffi manages inveSent risk by Tetainino expen thisors and otffiting an investment p)licy that provides for a ht8h dewe oldiversificatson of holding5 inve5tm¢nl a$5ei classes. 2025 2024 7 Credlton du¢ l¢hln one ye•r Accruals 12.495 12.495 11.000 8 Unr¢strk¢¢d- tyoveweAt in funds B•lance it 5 April 2(125 Total ¥Trrtstricted funds 3J94,855 108.509 (26.021) 3.020,340 2(125 2024 R¢serve5 at the be8innin8 of the year 3 J94.855 3.181.741 (374,515) 3 020.340 213,114 3 394,855 repreJeniedby.' 19.505 (12,495) 336.984 2.676.346 3 020.340 2280 (I 1,000) 307.865 3,095,710 3 394 855 Awruals Fair value reserve Fixed Set valuation 10 Commltmettts I l Related party db¢los•res No tru5te¢s been paid aDy remunerth or1eceid any Lts inEfits frryn th¢ii a]tIon with the dwty. The TnL5te¢5 are also 501icitors of Mxkrell. Solicitors. TLYal kyi fets of £9.644 {2024.. £16.75T) TJwr¢ ymid to Ma¢kr¢ll. Solicitor5 in the year. 10