## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** |**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**|Charity Name
The Webb Kingpin Foundation| |---|---| ||| ||31 December 2025
**Charity no**
**(if any)**
1187291| ||| ||1 - 5
1-5(remember to include the page numbers of additional sheets)| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/2025** **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** [The charity’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of [insert name of applicable listed body]]. _Delete_ [ ] _if not applicable._ I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**|ECrowson
**Date:**|12/03/2026| |---|---|---| |||| ||Emily Crowson|| |||| ||FCCA (1433917)|| **Oct 2018** 1 **IER** ## **(if any):** **Address:** c/o Goringe Accountants 1650 Arlington Business Park, Theale, Reading RG7 4SA ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . None **Oct 2018** 2 **IER** ## THE WEBB KINGPIN FOUNDATION REGISTERED CHARITY NUMBER: 1187291 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ## THE WEBB KINGPIN FOUNDATION ADMINISTRATIVE DETAILS **REGISTERED CHARITY NUMBER** 1187291 **REGISTERED OFFICE** 105 Oxford Road Reading RG1 7UD **ACCOUNTANTS** 1650 Arlington Business Park Theale Reading RG7 4SA **SOLICITORS** Dexter Montague LLP 105 Oxford Road Reading RG1 7UD ## THE WEBB KINGPIN FOUNDATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ||Page| |---|---| |Report of the Trustees|1| |Statement of Financial Activities|3| |Balance Sheet|4| |Notes to the financial statements|5| |Independent examiners report|6| ## THE WEBB KINGPIN FOUNDATION ## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. ## **OBJECTIVES AND ACTIVITIES** The charity's objects are to advance for the public benefit any purpose which is exclusively Charitable according to the law of England and Wales as the Charity may from time to time determine in particular by making donations to Charities and individual need. The board, which consists of unpaid volunteers with a variety of professional skills, has dealt with the setting up of the charity and the project, administrative, compliance and regulatory issues. In addition it has monitored fund raising and publicity of its projects. The trustees have a risk management strategy which comprises: 1. An annual review of the risks the charity may face; 2. The establishment of systems and procedures to mitigate those risks identified in the plan; 3. The implementation of procedures designed to minimise any potential impact on the charity should issues arise. The charity is constituted as a Charitable Incorporated Organisation - Foundation Model - whereby the only voting members are the charity Trustees. We have adopted the Charity Commissions Model Constitution to ensure we comply with the Charities Act 2011 (the 2011 Act) and the General Regulations ## **TRUSTEES** The trustees who held office during the year and up to the date of signature of the financial statements were as follows P J Webb (Chairman) A Beasley W Montague A M Andrews Trustees are appointed for their individual knowledge, experience and skills that are considered essential to ensure the charity’s effective administration and its continued sustainability, growth and development. Trustees are appointed by the Board of Trustees in a properly convened meeting. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** During the year, the charity generated income from two rental properties in Reading. The purpose being to generate a regular income with which to carry out its charitable activities. The charity received a rental income of £33,004 (2024 : £29,260) for the year. 1 ## THE WEBB KINGPIN FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 (CONTINUED) ## **FINANCIAL REVIEW** ## **Financial position** At the year end the charity had £381,618 (2024: £360,764) in the capital account, of which £325,082 (2024: £325,082) related to the investment property, £56,436 (2024: £36,797) in cash reserves, £100 (2024: £100) in debtors and £nil (2024: £1,214) in accruals . During the year, the charity received income of £33,004 (2024: £29,260) and had £12,150 (2024: £30,546) in expenses. ## **FUTURE PLANS** The charity is in discussion with a benefactor who is looking to support the charity with a donation so that the charity will continue in a way that its objectives can be met. 2 ## THE WEBB KINGPIN FOUNDATION ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 ## **Receipts and payments account** |Note
**Income and endowment from:**
Rental Income
2
**Total income**
**Expenditure on:**
Rental management fee
Repairs and maintenance
Professional fees
Rates
Bank charges
Donations
**Total expenditure**
**Net movement of funds**
**Reconciliation of funds**
Total funds brought forward
Movement in funds
**Total funds carried forward**|2025
£
33,004
**33,004**
6,571
1,410
494
6
19
3,650
**12,150**
**20,854**
360,764
20,854
**381,618**|2024
£
29,260| |---|---|---| |||**29,260**
8,238
2,691
854
0
0
18,763| |||**30,546**| |||**(1,286)**| |||362,050
(1,246)| |||**360,764**| 3 ## THE WEBB KINGPIN FOUNDATION ## BALANCE SHEET AS AT 31 DECEMBER 2025 |Note
**Fixed Assets**
Tangible assets
2
**Current Assets**
Bank current account
Debtors
3
**Current Liabilities**
Creditors due within one year
**4**
**Total net assets**
**The funds of the charity**
Unrestricted funds
**Total charity funds**|2025
**£**
**325,082**
**325,082**
56,436
100
**36,897**
-
**381,618**
381,618
**381,618**|2024
£
**325,082**| |---|---|---| |||**325,082**| |||36,797
100| |||**36,897**| |||(1,214)| |||| |||**360,764**| |||360,764| |||**360,764**| 4 ## THE WEBB KINGPIN FOUNDATION ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ## 1. Basis of preparation These financial statements have been prepared under the historic cost convention, with the exception of land and buildings which are included at market value. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. ## 2. Tangible Fixed assets |At the beginning of the year
At the end of the year|Land and
Buildings
£
325,082
**325,082**|Total
£
325,082| |---|---|---| |||**325,082**| Land and buildings are revalued on an annual basis by the charity trustees. No revaluation has been performed for the year ended 31 December 2025 as the assets were acquired in the previous year. 3. Debtors |
Other debtors|2025
**£**
**100**
**100**|2024
£
**100**| |---|---|---| |||**100**| Other debtors relates to the amount held by the letting agent towards future management fees. 4. Creditors |Accruals|2025
**£**
-
**-**|2024
£
1,214| |---|---|---| |||**1,214**| **Independent Examiners Report for the year ended 31 December 2025** 5 ## **Independent Examiners Report for the year ended 31 December 2025** The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that the audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. Responsibilities and basis of report: I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) 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 not accord with the accounting records and do not comply with the - accounting requirements of the Charities Act. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. OTrevelean O Trevelean FCCA On behalf of Goringe Accountants Limited 1650 Arlington Business Park Theale Reading RG7 4SA Date: 6 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** |**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**|Charity Name
The Webb Kingpin Foundation| |---|---| ||| ||31 December 2025
**Charity no**
**(if any)**
1187291| ||| ||1 - 5
1-5(remember to include the page numbers of additional sheets)| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/2025** **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** [The charity’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of [insert name of applicable listed body]]. _Delete_ [ ] _if not applicable._ I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**|ECrowson
**Date:**|12/03/2026| |---|---|---| |||| ||Emily Crowson|| |||| ||FCCA (1433917)|| **Oct 2018** 1 **IER** ## **(if any):** **Address:** c/o Goringe Accountants 1650 Arlington Business Park, Theale, Reading RG7 4SA ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . None **Oct 2018** 2 **IER**