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||Page|
|---|---|
|ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers|1|
|Trustees’report|2-3|
|Independentexaminer'sreport|4|
|Statementoffinancialactivities|<)|
|Balancesheet|6|
|Notestothefinancialstatements|7-13|





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|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|





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26 January 2026 



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|||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<br>(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|





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||||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|



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||Endowment|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2025|2025|2024|
||£|£|£|
|Donations|-|°|52,159|
|Total2024|52,159|52,159||



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||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||



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||Endowment|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2025|2025|2024|
||£|£|£|
|Investmentmanagementfees|2,095|2,095|2,100|
|Total2024|2,100|2,100||



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||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||





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|||Total|Total|
|---|---|---|---|
||Activities|funds|funds|
||2025|2025|2024|
||£|£|£|
|Independentexaminerfees|3,180|3,180|3,060|
|Total2024|3,060|3,060||



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||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|





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||2025|2024|
|---|---|---|
||£|£|
|FeespayabletotheCharity'sindependentexaminerfortheindependent<br>examinationoftheCharity'sannualaccounts|3,240|3,060|



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||||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|





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|||||||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|





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||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|



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