| Page | |
|---|---|
| ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers | 1 |
| Trustees’report | 2-3 |
| Independentexaminer'sreport | 4 |
| Statementoffinancialactivities | <) |
| Balancesheet | 6 |
| Notestothefinancialstatements | 7-13 |
| Trustees | RTErskinePigott |
|---|---|
| CJErskinePigott | |
| ADErskinePigott | |
| Charityregistered | |
| number | 1184349 |
| Principaloffice | RoydsWithyKing |
| 69CarterLane | |
| London | |
| EC4V5EQ | |
| IndependentExaminer | LucyHammondBScFCA |
| KrestonReevesLLP | |
| 9DonningtonPark | |
| 85BirdhamRoad | |
| Chichester | |
| WestSussex | |
| PO207AJ | |
| Accountant | KrestonReevesLLP |
| 9DonningtonPark | |
| 85BirdhamRoad | |
| Chichester | |
| WestSussex | |
| PO207AJ |
26 January 2026
| Unrestricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2025 | 2025 | 2025 | 2024 | ||
| Note | £ | £ | £ | £ | |
| Incomeandendowmentsfrom: | |||||
| Donationsandlegacies | 2 | = | : | ° | 52,159 |
| Investments | 3 | 29,983 | . | 29,983 | 25,633 |
| Totalincomeandendowments | 29,983 | = | 29,983 | 77,792 | |
| Expenditureon: | |||||
| Raisingfunds | 4 | 450 | 2,095 | 2,545 | 2,100 |
| Charitableactivities | 46,463 | = | 46,463 | 16,910 | |
| Totalexpenditure | 46,913 | 2,095 | 49,008 | 19,010 | |
| Net(expenditure)/incomebeforenet (losses)/gainsoninvestments |
(16,930) | (2,095) | (19,025) | 58,782 | |
| Gains/(losses)oninvestments | ° | (39,515) | (39,515) | 92,628 | |
| Netmovementinfunds | (16,930) | (41,610) | (58,540) | 151,410 | |
| Reconciliationoffunds: | |||||
| Totalfundsbroughtforward | 26,686 | 698,042 | 724,728 | 573,318 | |
| Netmovementinfunds | (16,930) | (41,610) | (58,540) | 151,410 | |
| Totalfundscarriedforward | 9,756 | 656,432 | 666,188 | 724,728 |
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Fixedassets | |||||
| Investments | 9 | 652,000 | 699535 | ||
| 652,000 | 699,535 | ||||
| Currentassets | |||||
| Debtors | 10 | 7,246 | 6,600 | ||
| Cashatbankandinhand | 11,982 | 22,133 | |||
| 19,228 | 29,333 | ||||
| Currentliabilities | |||||
| Creditors:amountsfallingduewithinone | |||||
| year | 11 | (5,040) | (4,140) | ||
| Netcurrentassets | 14,188 | 25,193 | |||
| Totalnetassets | 666,188 | 124,728 | |||
| Charityfunds | |||||
| Endowmentfunds | 656,432 | 698,042 | |||
| Unrestrictedfunds | 9,756 | 26,686 | |||
| Totalfunds | 666,188 | 724,728 |
| Endowment | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Donations | - | ° | 52,159 |
| Total2024 | 52,159 | 52,159 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | F | |
| Incomefromlistedinvestments | 29,051 | 29,051 | 24,792 |
| Interestreceivable | 932 | 932 | 841 |
| 29,983 | 29,983 | 25,633 | |
| otal2024 | 25,633 | 25,633 |
| Endowment | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Investmentmanagementfees | 2,095 | 2,095 | 2,100 |
| Total2024 | 2,100 | 2,100 |
| Grants | Support | Total | Total | |
|---|---|---|---|---|
| payable | costs | funds | funds | |
| 2025 | 2025 | 2025 | 2024 | |
| £ | £ | £ | al | |
| Charitableactivities | 43,283 | 3,180 | 46,463 | 16,910 |
| Total2024 | 13,850 | 3,060 | 16,910 |
| Total | Total | ||
|---|---|---|---|
| Activities | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Independentexaminerfees | 3,180 | 3,180 | 3,060 |
| Total2024 | 3,060 | 3,060 |
| Grantsto | Total | Total | |
|---|---|---|---|
| Institutions | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Charitableactivities | 43,283 | 43,283 | 13,850 |
| Total2024 | 13,850 | 13,850 |
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Seawilding | 23,1783 | 7,350 |
| USCharitableTrust | 13,000 | 6,500 |
| FeedbackMadagascar | 6,500 | - |
| 43,283 | 13,850 |
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| FeespayabletotheCharity'sindependentexaminerfortheindependent examinationoftheCharity'sannualaccounts |
3,240 | 3,060 |
| Listed | |||
|---|---|---|---|
| investments | |||
| £ | |||
| Costorvaluation | |||
| At6April2024 | 699,535 | ||
| Additions | 119,400 | ||
| Disposals | (127,420) | ||
| Revaluations | (39,515) | ||
| At5April2025 | 652,000 | ||
| Netbookvalue | |||
| At5April2025 | 652,000 | ||
| At5April2024 | 699,535 | ||
| 10. | Debtors | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Duewithinoneyear | |||
| Prepaymentsandaccruedincome | 7,246 | 6,600 | |
| 7,246 | 6,600 |
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | ||||||
| Accrualsanddeferredincome | 5.040 | 4,140 | |||||
| Summaryoffunds | |||||||
| Summaryoffunds-currentyear | |||||||
| Balanceat | 6 | Gains/ | Balanceat5 | ||||
| April2024 | Income | Expenditure | (Losses) | April2025 | |||
| £ | £ | £ | £ | £ | |||
| Generalfunds | 26,686 | 29,983 | (46,913) | © | 9,756 | ||
| Endowmentfunds | 698,042 | © | (2,095) | (39,515) | 656,432 | ||
| 724,728 | 29,983 | (49,008) | (39,515) | 666,188 | |||
| Theexpendableendowmentfund | wasestablishedbya | gift | in2020from | aclosefamily | member.The | ||
| incomereceivedinsubsequentyearsrelated | toadditional | giftsfromthesameclosefamily | member.The | ||||
| trusteeshavethepowertospend | theincome | inaccordancewiththeTrust'scharitableobjectives. | |||||
| Summaryoffunds-prioryear | |||||||
| Balanceat | Gains/ | Balanceat | |||||
| 1April2023 | Income | Expenditure | (Losses) | 5April2024 | |||
| £ | £ | £ | E | £ | |||
| Generalfunds | 17,963 | 25,633 | (16,910) | ~ | 26,686 | ||
| Endowmentfunds | 555,355 | 52,159 | (2,100) | 92,628 | 698,042 | ||
| 573,318 | 77,792 | (19,010) | 92,628 | 724,728 | |||
| Analysisofnetassetsbetween | funds | ||||||
| Analysisofnetassetsbetween | funds-current | year | |||||
| Unrestricted | Endowment | Total | |||||
| funds | funds | funds | |||||
| 2025 | 2025 | 2025 | |||||
| £ | £ | £ | |||||
| Fixedassetinvestments | - | 652,000 | 652,000 | ||||
| Currentassets | 14,796 | 4,432 | 19,228 | ||||
| Creditorsduewithinoneyear | (5,040) | - | (5,040) | ||||
| Total | 9,756 | 656,432 | 666,188 |
| Unrestricted | Endowment | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2024 | 2024 | 2024 | |
| a | £ | al | |
| Fixedassetinvestments | 8,527 | 691,008 | 699,535 |
| Currentassets | 22,299 | 7,034 | 29,333 |
| Creditorsduewithinoneyear | (4,140) | = | (4,140) |
| 26,686 | 698,042 | 124,728 |