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 Tr￿t
Chwlty Nn*Jor. 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 serYedthro*utthe 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
Lelc*stershire iE167NU
OBJEcllvESAND AcrivmES
The oWl¥eS of Th• Hpllne Trust (kn Ctharlvk as 5*fted h? Its gov¢miry dacuN*nt, 4re to
advan￿ Such dwritable PUrp￿S (accOrdI￿t0 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 ber￿L
The Trustees onfirm that ttr*y 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 actr￿tIeS 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 SUp￿rt of peopEe dlsabllltles and Illnesses.
as well as researth Into medkal developmenty ¢$￿￿al￿ rela15Rg to Type l Dlal)ete& The Tru5teeg
hope Is that eyen rnlatlth small amounts of money make a blg dffference whon applled to the
right tharftable organJs*lon. Thosé 8rnnts have been verywat•fidly re￿1v•d.
Furtherdetalls r•gardln8 the £rants wdrded in th• pwlod are s•tout In Nots 2 to the a¢count&
FINANaAL REVIEW
Durfn8 the trwrthe Charlty rece1￿1 donatlonstotalltsw£25JXKI (2023.. £31P85) represent[￿ part of
a serles of regular annual donatlon from Tho NewcA)mbe Est8te5 Compary Umlted. the amount of
whlch depènd on the Comp•rf* wofftablllty.
The Newcombe Estates Compary Umlted Ls a private Ilmlted f￿￿OnY In whlch the Trt￿ are all
shareh¢)klersaThl Mr ILW. Ne￿I)mbe a￿1 Mrs AQ are dirertor&
Th•fundsrecel%td In thei•arwere xlded to txh res¢Nes brDuthtforward of £5,361121T23: a176)
and a totsl of £L8,662 (2023: £27.￿) t*AS dlstrfbuted bl way vf 8r4nts to d￿rItsb1e or8anlsatk•ns
prov1d1￿ educ*ional, rell8lou4 health, gxlal caJE: aThJ h￿In￿arfan rellef ser¥1¢65 atelther a local,
natlonal or Irrtemthr41 level.
The Trustees pmvlde thelr 5ervlw th remunerauon and no funds we spent on support o)sts
In ￿ paror Inthe year.
pollry
The Trustees expect that the Charfty wm h&* few owrhe4& and, therefore, wlll have a Ilmltèd
requl¢Ement ft¥r rEser￿. Thelr obJectt¥e WEII be to kserytify or8anlsatFons knrrthy of supwrt 50 that
the CharW$ In￿rne 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 res*r*s 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 autom4t1cal￿end when thoy to b• a tnjthé.
The Inlual truste8s **re appolnted for thelr Ilfetlme and they nlay aPp￿￿t 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 kno￿ledge and
eXPerf¢n￿ needed for the effectlve management ofthe Charlty.
New trt￿tee$ wlll be brlefed on trelr *1 tsbligthhs ufKaer charfty law, Il* content of the
constitutlon. the dedsion making processes and the recent finan¢wal perf0m￿nCe of the Chatlty. All
trustees wlll be encouraged to attend approprtate external traInI￿ ￿ents where these wlll fadlltate
the Underta￿n8 of thelr role.
DECIARATION
I dectare. In My Capacrty of Charny Trustee. tl* the Truste85 have apPr￿*d 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￿ Tn￿t
I report to the charlty trustees on my ex•mlnathn of the a￿Unts 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•l￿ste[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￿)
s￿1
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
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