## **Trustees' Annual Report for the period** Period start date Period end date **From** 1 April 2024 **To** 31 March 2025 Section A Reference and administration details **Charity name** The Martin-Jenkins Foundation **Other names charity is known by Registered charity number (if any)** 1184095 **Charity's principal address** Pythingdean Farmhouse Pulborough **Postcode RH20 1BS** ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Tim Martin-Jenkins|Chairman||Trustees| ||LilyMartin-Jenkins|||Trustees| ||Robin Martin-
Jenkins|||Trustees| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ||**Names of the trustees for the charity, if any, (for example, any custodian trustees)**|||| ||**Name**||**Dates acted if not for whole year**|| |||||| March **2012** **TAR** 1 ## **Names and addresses of advisers (Optional information)** |**Type of adviser**|**Name**
**Address**|**Name**
**Address**| |---|---|---| |||| |||| |||| |||| |**Name of chief executive**|**or names of senior staff members (Optional information)**|| |||| ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Constitution Type of governing document (eg. trust deed, constitution) CIO How the charity is constituted (eg. trust, association, company) Appointed Trustee selection methods (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** Tim Martin-Jenkins was a member of The Council of Marlborough College You **may choose** to include (reg charity 309486) and chair of the trustees of The Marlborough College additional information, where Foundation (reg charity 1061798) until July 2025. These charities benefit relevant, about: from grants made by The Martin-Jenkins Foundation. - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** March **2012** **TAR** 2 ## **Summary of the objects of the charity set out in its governing document** **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** To advance any purposes which are exclusively charitable under the law of England and Wales from time to time by providing grants to charities or other non-profit organisations or individuals identified by the trustees at their discretion focusing mainly on the UK. The trustees have continued to have regard to the guidance issued by the Charity Commission on public benefit. Grants of £165,500 were made during the year. The trustees have continued to work with The Marlborough College Foundation (charity number 1061798) to support means tested bursaries for pupils unable to afford fees, and programmes for social mobility through raising awareness of and preparation for university education. The trustees continued to support the furtherance of science and innovation teaching. The partnership between Fitzwilliam College Cambridge, Marlborough College and Swindon Academy continues. Last year, the project was a great success with thirteen year 12 students taking part, three year 11 students and ten year 10 students. The 2025 project started in January with a visit from Fitzwilliam to Swindon Academy with Marlborough catering the event. The students spent the day working alongside Cambridge ambassadors to solidify their research question, outline their initial ideas and to start to consider their sources. The year 10 project was focused on Global Issues, with students selecting a range of issues including climate change, the impact of parenting styles on children’s behaviour, discrimination, the Russian-Ukraine war, and the corruption of human rights. The year 11 students had a choice between a focus on cryptography and encryption, metabolism or the possibility of one global language. The year 12 students selected their research projects based on their current A-levels and their desired university courses. Their projects explored a range of topics including the representation of disability in literature across time, quantum leaps and cryptic chains, the disparity in access to women’s healthcare vs men’s, the end of the universe, and discrimination within the justice system. The students then delivered their presentations at the end of March at Swindon Academy. Both Swindon Academy staff and Fitzwilliam were impressed with the quality and detail of the students’ work; it was clear that they had paid close attention to the advice of their mentors and were passionate about the project. Towards the end of the year, interviews for the new year 9 students took place at Marlborough college with ten new students recruited for the project. The year ended with the residential programme at Fitzwilliam. This was attended by year 9 students to commence the start of their journey and by year 12 students to complete their journey. The residential featured a range of talks differentiated for the year groups. The year 12 students particularly found the time spent with their mentors useful as it allowed them the opportunity to develop their personal statements. As well as university talks, the students took part in taster sessions and college visits, allowing them to gain a thorough insight into life at Cambridge. March **2012** **TAR** 3 Over the last few years, our students have truly valued the opportunity to take part in this project; it has been truly influential in raising Swindon students’ aspirations. Each year, we are seeing more students who have taken part in this project striving towards top universities, including Cambridge and Oxford, with the project giving them the confidence and skills they need to do so. ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance March **2012** **TAR** 4 Section D Achievements and performance Grants of £152,000 were made to Marlborough College to support social **Summary of the main** mobility and science innovation. **achievements of the charity during the year** ## **Section E Financial review** March **2012** **TAR** 5 ## **Brief statement of the charity’s policy on reserves** Not greater than 4% of the total return from endowed funds may be withdrawn for grant making. ## **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** Total receipts exceeded payments by £13,222. Much lower annual receipts are anticipated in future. You **may choose** to include additional information, where relevant about: The value of the portfolio on 31 March 2025 reflected the downward market response to the increase in trade tariffs promised by the USA. The portfolio remains invested in companies with long term growth potential. - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - supported the key objectives The charity holds a call option that is exercisable upon the future death of of the charity; an individual. The option is expected to give rise to significant endowed funds. At the reporting date, the option does not meet the recognition - investment policy and criteria for an asset, as the timing of the future benefit is uncertain, and its - objectives including any fair value cannot be measured reliably. Accordingly, the option has not - ethical investment policy been recognised in these financial statements. The asset will be - adopted. recognised at fair value once the option becomes exercisable and the benefit can be measured reliably. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** TDMJ **Full name(s)** Timothy Dennis Martin-Jenkins **Position (eg Secretary, Chair,** Chair **etc)** March **2012** **TAR** 6 Date September 2025 TAR Maich 2012 **Charity Name No (if any) The Martin-Jenkins Foundation Receipts and payments accounts** **CC16a** **For the period** Period start date Period end date **To from** 1-Apr-24 31-Mar-25 ## **Section A Receipts and payments** |**Section A Receipts and payments**|**Section A Receipts and payments**||||| |---|---|---|---|---|---| |**to the nearest £**
**A1 Receipts**
Donations
**-**
Gift Aid
**-**
Dividends ii
**-**
Interest ii
**-**
**-**
**-**
**-**
**-**
**-**
**Unrestricted**
**funds**
**_Sub total_**_(Gross income for AR)_||**to the nearest £**
**158,202**
**5,000**
**-**
**-**
**-**
**-**
**-**
**-**
**163,202**
**Restricted**
**funds**|**to the nearest £**
**-**
**-**
**13,137**
**1,600**
**-**
**-**
**-**
**-**
**14,737**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**158,202**
**5,000**
**13,137**
**1,600**
**-**
**-**
**-**
**-**
**177,939**|**Last year**
**to the nearest £**| |Donations|**-**|**158,202**|**-**|**158,202**|**152,706**| |Gift Aid|**-**|**5,000**|**-**|**5,000**|**4,250**| |Dividends ii|**-**|**-**|**13,137**|**13,137**|**8,275**| |Interest ii|**-**|**-**|**1,600**|**1,600**|**2,888**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| |**_Sub total_**_(Gross income for AR)_|**-**
|**163,202**|**14,737**|**177,939**|**168,119**| |**Sale of shares**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ -**
**A2 Asset and investment sales,**
**(see table).**||**-**
**-**
**-**
**163,202**|**220,278**
**-**
**220,278**
**235,015**|**220,278**
**-**
**220,278**
**398,217**|| ||||||**101,725**| ||||||**-**| ||||||**101,725**| ||||||| |||**163,202**|**235,015**|**398,217**|**269,844**| |**A2 Asset and investment sales,**|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |**(see table).**|||||||||||| |**Sale of shares**||**-**||**-**||**220,278**||**220,278**||**101,725**|| |||**-**||**-**||**-**||**-**||**-**|| |**_Sub total_**||**-**||**-**||**220,278**||**220,278**||**101,725**|| ||||||||||||| |**_Total receipts_**||**-**||**163,202**||**235,015**||**398,217**||**269,844**|| |**A3 Payments**
Grants Made
**-**
Bank charges
**-**
Investment Platform Fees
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**Purchase of shares**
**-**
**-**
**A4 Asset and investment**
**purchases, (see table)**|**A3 Payments**
Grants Made
**-**
Bank charges
**-**
Investment Platform Fees
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**Purchase of shares**
**-**
**-**
**A4 Asset and investment**
**purchases, (see table)**|**165,500**
**25**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**165,525**
**-**
**-**|**-**
**-**
**144**
**-**
**-**
**-**
**-**
**-**
**-**
**144**
**230,149**
**-**|**165,500**
**25**
**144**
**-**
**-**
**-**
**-**
**-**
**-**
**165,669**
**230,149**
**-**|| |---|---|---|---|---|---| ||||||**250,250**| ||||||**25**| ||||||**164**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**250,439**| ||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||| |**Purchase of shares**|**-**|**-**|**230,149**|**230,149**|**136,986**| ||**-**|**-**|**-**|**-**|| ||**_Sub total_ -**||**-**||**230,149**||**230,149**||**136,986**|| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||| ||**_Total payments_ -**||**165,525**||**230,293**||**395,818**||**387,425**|| |||||||||||| ||**_Net of receipts/(payments)_ -**||**- 2,323**||**4,722**||**2,399**||**- 117,581**|| |**A5**|**Transfers between funds**
**-**||**-**||**-**||**-**||**-**|| |**A6**|**Cash funds last year end**
**-**||**2,483**||**68,828**||**71,311**||**188,892**|| ||**_Cash funds this year end_ -**||**160**||**73,550**||**73,710**||**71,311**|| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**|**Details**
**Details**
**Details**
Interactive Investor
Fundsmith
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**-**
**-**
**-**
**-**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Unrestricted**
**funds**
**Unrestricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**|**to nearest £**
**160**
**-**
**-**
**160**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**Restricted**
**funds**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---|---| |||||**73,550**| |||||**-**| |||||**-**| |||||**73,550**| |||||OK| |||||**to nearest £**
**Endowment**
**funds**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**2,601,679**| |||||**393,606**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| |**-**||**-**| |---|---|---| |**-**||**-**| |**-**||**-**| ## **B5 Liabilities** Signed by one or two trustees on behalf of all the trustees ## **Details** |**Fund to which**
**liability relates**|**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**|**When due**
**(optional)**| |---|---|---| ||**-**|| ||**-**|| ||**-**|| ||**-**|| ||**-**|| Date of Signature Print Name approval **Charity Name No (if any) The Martin-Jenkins Foundation Receipts and payments accounts** **CC16a** **For the period** Period start date Period end date **To from** 1-Apr-24 31-Mar-25 ## **Section A Receipts and payments** |||**Unrestricted**
**funds**|||**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**||**Last year**|| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||**to the nearest**|**£**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**|| |**A1 Receipts**||||||||||||| |Donations|||**-**||**158,202**||**-**||**158,202**||**152,706**|| |Gift Aid|||**-**||**5,000**||**-**||**5,000**||**4,250**|| |Dividends ii|||**-**||**-**||**14,089**||**14,089**||**8,275**|| |Interest ii|||**-**||**-**||**1,600**||**1,600**||**2,888**|| ||||**-**||**-**||**-**||**-**||**-**|| ||||**-**||**-**||**-**||**-**||**-**|| ||||**-**||**-**||**-**||**-**||**-**|| ||||**-**||**-**||**-**||**-**||**-**|| |**_Sub total_**_(Gross income for AR)_||
|**-**||**163,202**||**15,689**||**178,891**||**168,119**|| |**Section A Receipts and payments**|**Section A Receipts and payments**||||| |---|---|---|---|---|---| |**to the nearest £**
**A1 Receipts**
Donations
**-**
Gift Aid
**-**
Dividends ii
**-**
Interest ii
**-**
**-**
**-**
**-**
**-**
**-**
**Unrestricted**
**funds**
**_Sub total_**_(Gross income for AR)_||**to the nearest £**
**158,202**
**5,000**
**-**
**-**
**-**
**-**
**-**
**-**
**163,202**
**Restricted**
**funds**|**to the nearest £**
**-**
**-**
**14,089**
**1,600**
**-**
**-**
**-**
**-**
**15,689**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**158,202**
**5,000**
**14,089**
**1,600**
**-**
**-**
**-**
**-**
**178,891**|**Last year**
**to the nearest £**| |Donations|**-**|**158,202**|**-**|**158,202**|**152,706**| |Gift Aid|**-**|**5,000**|**-**|**5,000**|**4,250**| |Dividends ii|**-**|**-**|**14,089**|**14,089**|**8,275**| |Interest ii|**-**|**-**|**1,600**|**1,600**|**2,888**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| |**_Sub total_**_(Gross income for AR)_|**-**
|**163,202**|**15,689**|**178,891**|**168,119**| |**Sale of shares**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ -**
**A3 Payments**
Grants Made
**-**
Bank charges
**-**
Investment Platform Fees
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**Purchase of shares**
**-**
**-**
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**||**-**
**-**
**-**
**163,202**
**165,500**
**25**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**165,525**
**-**
**-**|**220,278**
**-**
**220,278**
**235,967**
**-**
**-**
**144**
**-**
**-**
**-**
**-**
**-**
**-**
**144**
**231,101**
**-**|**220,278**
**-**
**220,278**
**399,169**
**165,500**
**25**
**144**
**-**
**-**
**-**
**-**
**-**
**-**
**165,669**
**231,101**
**-**|| ||||||**101,725**| ||||||**-**| ||||||**101,725**| ||||||| ||||||**269,844**| ||||||| ||||||**250,250**| ||||||**25**| ||||||**164**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**250,439**| ||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||| |**Purchase of shares**|**-**|**-**|**231,101**|**231,101**|**136,986**| ||**-**|**-**|**-**|**-**|| ||**_Sub total_ -**||**-**||**231,101**||**231,101**||**136,986**|| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||| ||**_Total payments_ -**||**165,525**||**231,245**||**396,770**||**387,425**|| |||||||||||| ||**_Net of receipts/(payments)_ -**||**- 2,323**||**4,722**||**2,399**||**- 117,581**|| |**A5**|**Transfers between funds**
**-**||**-**||**-**||**-**||**-**|| |**A6**|**Cash funds last year end**
**-**||**2,483**||**68,828**||**71,311**||**188,892**|| ||**_Cash funds this year end_ -**||**160**||**73,550**||**73,710**||**71,311**|| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**|**Details**
**Details**
**Details**
Interactive Investor
Fundsmith
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**-**
**-**
**-**
**-**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Unrestricted**
**funds**
**Unrestricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**|**to nearest £**
**160**
**-**
**-**
**160**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**Restricted**
**funds**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---|---| |||||**73,550**| |||||**-**| |||||**-**| |||||**73,550**| |||||OK| |||||**to nearest £**
**Endowment**
**funds**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**2,601,679**| |||||**393,606**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| |**-**||**-**| |---|---|---| |**-**||**-**| |**-**||**-**| ## **B5 Liabilities** Signed by one or two trustees on behalf of all the trustees ## **Details** |**Fund to which**
**liability relates**|**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**|**When due**
**(optional)**| |---|---|---| ||**-**|| ||**-**|| ||**-**|| ||**-**|| ||**-**|| Date of Signature Print Name approval CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examinef s Report Report to the trusteesl members of On accounts forthe year ended 11 rf4LoII QOTL Charity no (if any) l1fz￿q% Set out on pages I report to the trustees on my examination of the accounts of the above charity (kne Trusf) for the year ended Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance wtth the r4uirgnents of the Charities Act 2011 (Wie Acf) I report in resFed of my examination of the Tnjst's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have foll0v￿ the applicable Directions given by the Charity Commission under section 145(5)Ib} of the Act. I have completed my examination. I confirm that no material matters have Come to my attention in connection with the examination which gives me cause to believe that in. any material respect. accounting records were not kept in accordance with section 130 of the Act or the accounts do wt accord with the accounting records Independent examinerfs statement I have no Con￿￿$ and have come across no other matters in connection wrth the examinatron to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. . Please delete the worits in the brackets rf Ihey do not apply. Signed: IliolzLL& Name: Relevant professional qualificatlon(s) or body (if any): Address: IER October 2018 Section B Disclosure Only complete rf the examiner needs to highlight matters of con￿rn {see CC32. Independent examination of chanty accounts" directions and guidan￿ for examiners). Give here brief delails of any items that the examiner wishes to disclose. IER October 2018