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2024-03-31-accounts

THE VALENTINE CHARITY

Trustees Richard Burgess
James Pearson
Joanna Hunt
Robert Nicol
Company No. CE019983
Charity No. 1186923

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

During the year the Charity received a dividend of £16,240. We have continued to support the bursary programme at King’s College School, Wimbledon with a donation of £5,800. We are also supporting the Arkwright Scholarship programme again by providing funding for another two talented future British engineers as they start their 6th form studies. Finally, we are supporting The Outward Bound Trust with a donation of £5,000 which will fund a group of about 30 young people on one of their courses.

The object of The Valentine Charity continues to be “advancing the education of young people in such ways as are exclusively charitable (according to the laws of England and Wales) as the trustees may from time to time determine, including but not limited to, providing grants to educational institutions and other charitable bodies to enable them to provide bursaries to students from low income families or from disadvantaged backgrounds and / or communities”.

Richard Burgess Trustee

18 December 2024

THE VALENTINE CHARITY

Company No. CE019983 Charity No. 1186923

INCOME and EXPENDITURE ACCOUNT for the period to 31 March 2024

Income
Dividend received
Other
Expenses
Bank charges
Donations
Kings College School Bursary Fund
Arkwright Engineering Scholarships
The Outward Bound Trust
(Deficit) for the year
BALANCE SHEET at 31 March 2024
Investments
The Valentine Group Holdings Limited
232,000 B shares of £10 each
Cash at bank
Total assets
Reserves
Brought forward
Surplus/(Deficit) for the year
5,800
5,570
5,000
2024
£
16,240
19
16,259
-
16,259
7,000
4,600
-
16,370
-111
2024
£
850,000
166
850,166
850,277
-111
850,166
2023
£
11,600
11
11,611
25
11,586

11,600
-14
2023
£
850,000
277
850,277
850,291
-14
850,277