The Pipeline Trust A Charitable Incorporatsd Or8anisatlon Registered Charfity Number 1183246 Trustees, Annual Report and Accounts for the year ended 31 December 2024
The Pipeline Trust Trustees, Annual Report for the year ended 31 December 2024 REFERENCE AND ADMINisfRATIVE DETAILS The Plpellne Trt Chwlty NnJor. 1183246 Prfnclpal •Nt Rwered ofNr&' 50. Marshall Street London WIF 9BQ EnMII kn: Robert Willtam Newcombe Edward Mark Newmrnbe knathan Charlas Ltymoke Newo)mbB (Chalr) Each of abm serYedthroutthe yeararKI upto the date of thls reporL H•nker 83rday5 Bank PLC Indepertent amlner. Adrlan L 8entlry BS¢. A.CA Edward Thomas Pelrson &Sor 21, The Polnt Rockifi8ham Road Market HartK)ro Lelcstershire iE167NU OBJEcllvESAND AcrivmES The oWl¥eS of Th• Hpllne Trust (kn Ctharlvk as 5fted h? Its gov¢miry dacuNnt, 4re to advan Such dwritable PUrpS (accOrdIt0 the law of England and Wales) as thé tNste¢s se8 fft from UThwtgtlme. Tha otiivits•s undertakeh by ts TnJsteesto aatlsfythesè obie¢bw rqmprkn the avardtr¥ qf grants to organlsatlons {prImarf other tharlths attd wluntary bodtes) ar Indmduals thrtythout EnthrKI and Wales for the general public berL The Trustees onfirm that ttry ha Compl1 vAth thelr duty to haw dw re8ard to the 8uidan publ1$h by tho Charlty CommlssFon on publk benellt when rBvlewTng the alms and obJe¢tl¥es In plannlre future actrtIeS and In grantmaklre pollcyfortr wlod.
The Pipeline Trust Trusteeg Annual Report for the year ended 31 December 2024 ACHIEVEME14T5 AND PEFORMAN The Chartty has been abre to support a numberof different tharhable causes, with maln thernes b¢lng: the health and wellbelng of young people, the SUprt of peopEe dlsabllltles and Illnesses. as well as researth Into medkal developmenty ¢$al rela15Rg to Type l Dlal)ete& The Tru5teeg hope Is that eyen rnlatlth small amounts of money make a blg dffference whon applled to the right tharftable organJslon. Thosé 8rnnts have been verywat•fidly re1v•d. Furtherdetalls r•gardln8 the £rants wdrded in th• pwlod are s•tout In Nots 2 to the a¢count& FINANaAL REVIEW Durfn8 the trwrthe Charlty rece11 donatlonstotalltsw£25JXKI (2023.. £31P85) represent[ part of a serles of regular annual donatlon from Tho NewcA)mbe Est8te5 Compary Umlted. the amount of whlch depènd on the Comp•rf wofftablllty. The Newcombe Estates Compary Umlted Ls a private Ilmlted fOnY In whlch the Trt are all shareh¢)klersaThl Mr ILW. NeI)mbe a1 Mrs AQ are dirertor& Th•fundsrecel%td In thei•arwere xlded to txh res¢Nes brDuthtforward of £5,361121T23: a176) and a totsl of £L8,662 (2023: £27.) tAS dlstrfbuted bl way vf 8r4nts to drItsb1e or8anlsatk•ns prov1d1 educional, rell8lou4 health, gxlal caJE: aThJ hInarfan rellef ser¥1¢65 atelther a local, natlonal or Irrtemthr41 level. The Trustees pmvlde thelr 5ervlw th remunerauon and no funds we spent on support o)sts In paror Inthe year. pollry The Trustees expect that the Charfty wm h& few owrhe4& and, therefore, wlll have a Ilmltèd requl¢Ement ft¥r rEser. Thelr obJectt¥e WEII be to kserytify or8anlsatFons knrrthy of supwrt 50 that the CharW$ Inrne 1$ dlstrlbuted on an annual basls and cash reserveswIII retslned at a level that th•y conslder approprtats to meet gny liabllltles asthey fall duE and to enabl4 tharRyto respond In a tfmety fashion tQ UF8entappeals from deEeTh1 ous Cash resrs attt 31 Cle¢ember 21T24wnDunted to £L699 (2023; £5J61). The tharlty Is 8ovemed by a constltithn dat•d 3 May 2019 and It wr reglstwd as a Charftable The membm ofthe Charlty Its tri, who are the eWtAe for membershlp, and thelr membwshlp wlll autom4t1calend when thoy to b• a tnjthé. The Inlual truste8s *re appolnted for thelr Ilfetlme and they nlay aPpt addlbonal at a duly convened meet1 for terms 8ttheir absolute (ftscretknn.
The Pipeline Trust Trusteeg Annual Report for the year ended 31 December 2024 StRucfuRE. GOVERNANCEAND MANAGEMENT(continued) In selectFng IrKIMduals for appolntment as trusteesi regard will be 8iven to ski114 knoledge and eXPerf¢n needed for the effectlve management ofthe Charlty. New trttee$ wlll be brlefed on trelr 1 tsbligthhs ufKaer charfty law, Il content of the constitutlon. the dedsion making processes and the recent finan¢wal perf0mnCe of the Chatlty. All trustees wlll be encouraged to attend approprtate external traInI ents where these wlll fadlltate the Undertan8 of thelr role. DECIARATION I dectare. In My Capacrty of Charny Trustee. tl the Truste85 have apPrd the report abfft and have authorlsed me to it ¢Jn thelr bthalf. R.W. Newcombe Chalr l October2025
Independent Examiner's Report to the Trustees of The PIpelI Tnt I report to the charlty trustees on my ex•mlnathn of the aUnts of the Char for the ar to 31 Decwnber 2024 whlch are set oirt on pages5 to 6. A5 the tharttys trustees w are re4)ondbk for the preparatlon of the a(xounts In acaxdaKe vAth th8 requlr•ments ofthe tht 2011 (kn Art}. I reF)Qrt In respect of my o¥aminatlon of the ac(vunts rrIed out Imd sertlon 145 of the Act ard In conyln8 Qut my &xamlnakn I have followed all the applkable DFrect¥Jns Elven by the Charity Comrnlsslon undersedion 1495Nb) of the Act I have completed my examlnatlon. I confinn that no matsrlal matter5 have CLNxe to my attentknn In connectK)n wth the examlnation givirg me cause to betieve that In any m•teTial resp acuJuritln8 records were Mt kept in rwct of tho (*4rfiyas requlTed tysèctlon 130 of the or the accounts do not accord wlth those recortr, I htrve no concen¥s and have wme a$S no other m¥tteT5 In connecuon with the &Yamlnath)n to whlth attention should be drawn In thts report In order to enabl• a proper understandln8 of the acto.un Adrlan as Pel Chartered 2L The Polnt Rocklngham Road Market Harborough L•lste[Sh[re LE167NV October 2025
The Pipellne Trust Recelpts and Payments Account for the year ended 31 December2024 RECEIPTS Grarrtfrom The Newombe Estatescornpary Umlt 2s,rxx) 3&5 PAYMENTS Grdnts pald to oryanls4tlons 28,662 27A 28,662 27,9(K) NET RECEIPTS1(PAYMEpifs) IN THE PERIOD CASH AT BANK I3) s1 2J76 1,699 5,361 Statsmert of Assets and Liablllties As at 31 December2024 314y4c-24 CASH FUNDS Cash At Barcl Bank PLC
The Plpollne Tnmt forth• vor ended to 31 December 2024 Juwnll• Dlab•t•s R•oMYth ¢hrS%tknlty Expk>r Ct•sJlln plr• Th• MthEwfgBw Ijmrtty Mklwmkln Myhlr M]sslon Ptsib S•m HwpK st$t¥r Chtklr•n'5 The i•nthm P•rnw&p WAyWdtrMaIV1yOU 1Th14ld awit41Jl•Th trhrbxthCrfESdThl ShopiibUtty MH ¥ Kld# fvllddl¥brtyJ8h mHbasAfd b Pehxon Royal t4¥ttong1 irtdNrtefor WP•uiAe SJpprrttorpwd•TIth knrfwlojs Wok1 Th• Thrgo Ai¥ersL•mtryfnJ¥t 27JOD