2025-07-31-accounts

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The Athlone Tn￿t CIO Co•teits p JI J*XL4 Ttiiiee5' Stsierntti af •te5 to the Is

The Athlone Tru8t CIO TRUSTEES ATr'Tr4LAL REPORT FOR YEAR ENDED 31 JUL Y 2025 REFERFNCF. AND ADMINlS'fRATION INFORMATION 'rhe name of the charil) is Th¢ Athlon¢ Tn￿ CIO (Charity Registration No. 11882?5) Thc Charit%. Tnjstees compri.se a Choimikth and during the ￿lod undcr rcvicw thr¢c oth¢T TnLSte¢s. "I'he C'harily Tw>i¢¢s duting th¢ wi(Ml thrrc &$ foUos: Mr D Kin8-Farlow' Ichairnian) Mr J Auber FCA (Hon. Trcasurer) A.Nembrini da Rocha Mr P.Clark¢ re-apwinied 15.5.23 re-app)inted 15.i.?3 [¢-ap￿)inied 18.1124 appiinted 15.5.?3 The prirKipAI athJre&s from whicb the Charity run during the Friod 'as: Suitc l Rocks IA)¢ Barnes London SWI 3 ODB LSTABLISHMEliT. STRUCTURE. GOVERNANCE AND MANAGEMENT The Charity is a Charl￿b]e InCOry￿ra1ed Orggnisation sei up uth ￿ Charities Act 2011 aThl the C'haritsble In¢0￿￿1¢d Or¥anis8tions (Gcn¢ral) Regulations 201 ? and incorprtsted aNI regi￿ered V•'iih ih¢ CharitTr' Commission u￿￿eT no l188??5 on 27 FebrLW!' ?O?O. A% th'&% reNTrrted in the Trus1¢cs Rcpon for thc prci'ious )'ear. on 17 Aug.ull ?O?O under a Tranqfer Agr¢emenl ofihis dal¢ and w'ilh ihc conseni of the C harity, C"ommission the C"haTitN' acquircd all th¢ assets and liabiliiies of Tr Athlone Trust {'the T￿￿"} a charitable trust registered w'iih ihe C"harilv CUTh￿15510n undcr no 277065. The TrL￿ removed from R¢gisr of ChaTTties on 16 March ?02J. The Charity is gol'emed by its Lon￿lIU110n and utxkr thi5 il 15 admini￿￿1 by Charity Tnwees .ho during this period were Ihox li3d akni'¢. Th¢ cl￿ri￿, Tnmees are chosen by" existin8 C'harity Tru%l¢e>' >v u5 ￿ proiidc a rangc of cxpcrtise and ex￿rienCe to Cob'er ihe runnin¥ ofihe chafiT>'. txh of (IK "InLslees is app)intL%l lor three I'cari but thcrc 15 proTrision for reap￿)intment. The fir4t iwo namcd trustees were two of the fi￿ Charity I'nLes apw1n￿d atmj thei w'ere Ix)th rc-wintcd on 15 Ma>, ?023 for ihrtt years. Mr A N da R￿￿a W.1￿ had bccn originall!, appxiintcd on I l Noi'ember ?021 V*'as rc-appointcd on 18 Novemkn 2024 for three years. Mr Llarke ￿'8S app)inted on 15 May 2023 for thTee years. As ￿'aS 5adl)' rr￿ned in thc Rcport for the Trcar to 31 July 2023 on thc 13 Fcbruarv 2024 Anita Loring. a i'erj, long 8tanding trll￿ee IK)th of the charity. and its predeceqwr. the Athlone "fnL8L died suddcnly allcr a short illn¢s5. .41 th¢ .I,Iccting on ?0 Mai ?0?4 thc Chairnw rcwrtcd that shc ienerously left a lew)r io the Charit), of £IO.(KK). As at the dole of this rewn the legac>' has noi teeft paid. OBJECTtVES AND ACTtvrrtES FOR THE PUBLIC BEh￿FIT The object of the Charity is lo proiide fillanciai ￿Sist•j￿¢ for ihe educational rteds of thpted children in thc Unii¢d Kingdom. ApplIC￿lon5 are malk b). the child's parents io th¢ Tn￿¢$ WIM)

The Athlone Trust CIO nsider ¢￿h cas¢ on its merits. Onc d￿'¢I0￿￿ent fow)d has tKen the need w assisl the pAym¢nt of l¢¢s for ADHI) (Aiicntion Deti¢ii H!'Fxractivity' l)isord¢r) assessmenL¥ which hai'e bLn a necew, ￿¢p before obtainin¥ an EHCP (l.Alwational a￿1 Ilealth Care Plan) from the local au¢knrii>'. The ChuTiiy Tr￿￿. meel Imqcc a yedr w consider 8rant applicalions and to dis¢uss other admini51rativ¢ maticrs relating to ihe Charity.. 'ITh¢ Charit). TnLStees confirni that they hav¢ referred kn the guidancc contaI￿d in ihe Charity Commission s general 8uidaJKc on public trnefi¢ th re%iew?ng Ihe Charih s aims objective& and in planning tiiture activitie& ACHIEVEMENTS ATr4D PERFORMANCE During ihe I'car. the Charit), Tn￿1¢¢5 considered a nunikn ofapplicaiions r()r edwaiional byrants ai Iheir mcclings on 111 Noi.emkn ?024 and 19 Mi aj, ?025 and decided ￿ a￿9[￿ grants incre&sin8 thrir commitments 10 £7756 of wkn'ch £68)6 paid out in this v¢ar. Bcfore the end of ihe Trear coi.ered b), this Rewrt. the Charits UNIer￿en1 iwo major changes. fir51. in June 2025. it cntered inlo a partncr5hip ￿7th the Ro)'al Nutional Children's Springlx)ard FOU￿4atiOn I RNQ SF ChJril)' No 1167491) w.hich h&s absorw linrer ali4) Ik Buttle Tru￿ aThl H'ilh th¢ aid of 5ubsLwitial goi'ernmeni funds proi'ides the fees IK)th ￿ Indel￿nden1 and SW¢ SCI￿015 for children with education￿ nccds. Llndcr this the C"harilTr 15 ¢urrcntly assislin8 w'ilh Ihc fec5 for adOp￿d children fi)r ihree >'¢ars from Sepiemixy ?025 ai L?5(M) per child per >'ear. Ai th¢ date of this reJx)rt the C'hwri¢)' h&8 paid £75(K> under Ihis a¥TcemenL Sccondl),, the Charil!. TnLStLT5. at thelr meeting on l 8 Noi'crnber ?04. decided to launch a nev 'ebs'ilc WryhM,.theath1o￿(ftl%t.l}T¥ which ga%'c full detsils on Ihe AppliLalion Page of the manner in .hich the C'.hJrilv lo pro￿ld¢ fomis of granl., Tuition Access Grnnl And PUrturing Potential Cirani. This um¢ inio eftect afier ihe end olihc vcar of this rewrf bui is summariscd ￿loW { I l Tuition Access Ciranl I￿"hiCh could i￿lUde the fees for &ssessmcnL% and thcrap as ￿'ell &s SLIMx)I fccs and extracurricul￿ acli'ilic5)- applications can hO￿e￿.¢[ onl), bc n]ade io RNCSF Nia the inquiry fomi referred to on the page. I'he Charit). will thcn &55iSt ￿CSF with the costs for adopted childre there it can. Any applications V•'hich are m&Je to the Charity will k directed to RNC STr. (? l Nurluring Potcntial Grnni - this is a Nmull ￿an1 of up to £5LKI for adopd Lhildren ￿7¢h cducalional nccd5. Applicalinns ha￿e hud lo bc made on the applic￿10￿ forni. w'hich dowTrJoad¢d from th¢ 'ebsiie' the grant5 MfTC aw'arded on a tirst come lirsl 5¢rvoJ b&sis and the Tn￿e¢S had a Lomplctc diKre¢ion ON'LY the period of the ofl¢r and thc totsl amounl of th¢ ¥rants. The first otTer wi(Kl o￿ned on l %epiemkn 2025 and closed on the I l Seoember ?0?5. in iicw. of th¢ number ot'applicalivns rcccii'ed. The Chariry, Trusi¢¢s arc in the pn)cess of makin8 pa}'ments ol"IhL' ¥rant5. Funher dethils 'ill be gti'en in thc next report for the )'ear ending 31 Jul). ?026. The Charits, Trus￿ ha￿,¢ how¢%'er d￿lded to disband NuTturin¥ Poicntial GTant a￿] otTers will be m. The main achi¢v¢meni of thc Charity w75 ￿ nuke grants to suilabl¢ applicants out of available iJKome and ¢0 geDeratr ￿lSfac￿rV i￿>M¢ fn)m the Charity s Jnveslrn￿ts. Sincc it5 CstsblishmenL &% was re￿rted in the pMious vcarfs Re￿rt the Charity ha5 h&1 almost no fund rnising acli%'ii)'. Ne1'ert￿les& a5 a130 reFK)rted wtih the supwn of subs1antial donations from an anon}'mous donor. Ihe ¢ommilm¢nls of ihc Trust and since 17 Au8iisL ?O?O those ofthe C.'harity' hale ken md in full and new. applications hai."e keli accepted. .ffji the same lim¢ w'llhii￿ any pl4mi¢d tund raising in thc )'ear donations of £?3i3 hai'e alw made b), anoiher charil). und indii'idual donors. l)uring ihe vear in q￿s(lon lh¢ Tr￿¢¢5 ￿1.¢ in addition taken slcp5 10 incrca the public a￿.areneSS ol.thc Charity by contxting and visiting a number of the n￿lonal children's chariii¢5.

The Athlone Tru8t CIO FINANCIAL REVIEW Policy on resm'cs Th¢ Charit>. carried on the kx)IiLI' adopd ￿, the TnL￿. Linder this the Charity frustees shall first dct"ra)' oui ol'ihe income ol.thc Chariry Mll the Pro￿ charges and £Nrrnses of. and incid¢ntsl ￿. the gdministration a￿1 mana8¢m¢nl of the C'haril),. Subjea io Ihcsc pal'menis. the Charily "frustees shull apply the i￿orne of the Charity in fibthmg the ohje(i of the Lhartty. The Chariiv Tn￿￿e5 ma%. make grani pa}'meni£ oul of capitsl ifihttc are insuificient incomc fU[￿S ak'ailablc. Howei'er. this sIM)uld bc the exiepiion io the rule otheni'is¢ tund5 ￿'oU]d dm indle to such a poini thai ihe ChaTity ould eith¢r hai'e to be w'ou￿￿ up or mcrgc with a￿lh¢r TTUSI. "ITr￿ p)Iic) is lo maintain so far as kX)55ible the Capital at 118 curreni Iv¥"el bui with a minimum lei'el of L?50.(XKI. As a resuli of careful mana¥cmcnt of Ihe in￿.c51mentS and Mith the generous donaiions mcntioned atx)vc. this minimum level has been tar excccded during the Peri￿ ￿￿'¢r¢d b). this Rcport despi th¢ ￿ntInuing demynd for grnnls trom Ihe Charily s funds. The Charitj, Tn￿eeS hai'¢ unrestricted Investment ￿￿ers. the wlic), ha5 bccn lo obthin m&¥imum incomc fn)m ai'ailablc tijnds ￿'1th ik 5ccurity' of capitsL and io obthin professional 4dvicc concernin¥ Ihc Investments from time Io iimc. Thc Charity receivcd donations of £2.333 and in%'es1ment inconK of £9.267. Jldmini51ration expen8¢S amounled lo £1.117 and InN'esmienE Mana8cment costs Bank Charg¢s lutallcd £2.823. Oranis totallin8 £6.856 wrre paid in the ￿lOd. GENFry.RAL The Tn￿tte5 c(Jnfirni ihai in preparing this rcwrt th¢) ha%e adoptsd the Sth*m¢nt of Recommendcd Practice., Accouniing and Rewrting ￿. Charitie& applicablc io charitivh pr¢paring their ￿lI)unIS in accordance the PinarKial Re￿rtIng 4>tath applicable in Ihe UK and R¢puhli¢ of Ircland (FRS 102) {cffective I st January 2019). Risk Managemeni The TnL8i¢e5 hal'e a thrty to idenlify and review. the risks ¢0 wthich the Charity is upised afyj 10 ¢n5urc ap￿￿pri￿le ¢ontroJs are in placc lo provide resLwnablc assur￿ again￿ fra￿1 and error. CHAI MAN

The Athlone T￿￿t CIO 31 J 1•14 9.267 i(Li 11.1 13218 Ri5in8 fi 11I2Ji 12.770 C￿ri￿bk {7.7501 113.wl T•tsl ( i&&JJl 11016 2XIOS 12ANI 19AIL¢ T•tsih•dsbr•ryhi f•rn 377,308 ,488

The Athlone Trust CIO

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fivd48xts JL?.421 351.1 )Ji,c Curn•l •i•its C4Lth in l•1 12 14. 13.424 13.424 ei ¢*rY•bl 13.L74 J77J 3n TOTALFiTYD5 13 si￿J ￿ it5 bEl￿f tr4.:

The Athlone Trust CIO 51•lhe fmD¢knI ffiJrthey¢thv •m4W31 J•tylOLq pftprfli Ihp These fiMial of thr dw¢)'. •hKh #Sar￿bIl￿ trncfnatilt% wl¢r FRS IW2. l#The tAn in the Chli¢<¥ %()RP <FRS 1021 'A¢rwv4iDg aNI ￿LF￿1￿8 b4 (hariti¢y." ￿ of Pra￿1¢¥ iyplirthk to wiiies WLVW7118 their th¢ fir¥rKi4J A¢p(￿InK wl¢L&hl¢ in thc L.'K Kqwhli¢ of Ir¢land IrRS IU2) i¢t7it1ii"e l 20191". th¢ Rq￿In8 %ihJ¥41 11)2 Ybt Tr"thiql Rqh)rtin¥ sta￿1rd vppliisbk in tht I IK Aq￿bIl¢ Irel•￿ the C'Iw%.la 2011 th1.1￿ CTh¥it)' R4WrtsI R￿Ul￿luT or tthNIii￿s si￿117¢¥￿dlth th¢ as ¢¥xK'LYn. In mllk"4n8 th¢ ￿"¢ all 4Y4ilth¢ ryl thE is * 1¢•4 12 mLmths Inwn th¢ lit)￿LiN1 the irthne will be •J bt relxbly. Liabili￿$ ¥¢ rwni%d 4¥ &ythlirwt 5 srm as Iv¢ li • k8al the dlffj ￿ th diiurt 11 15 wlthble tr￿5f¥r of C¢LNkMii b¢n¢f¥L% Mill r¢4wimJ ki ik nw)t th¢ b¢ m¢yJr¢d ffli+h. F.xptfylthrt foron uth owepatc oll rLlad lo lh¢ c4lcgor). W'bty. tr¢ diredli. ￿l￿A￿T the¥ h•ie been io Reicted ftsmds cth be uxd tstrkkd Th'ithtn * Ltyt¢s of th¢ th•M.. R￿1￿1￿1$ #isc wh

The Athlone Trust CIO * Il••ekni ￿￿•1￿. t•ilwwd f•rtb• yo•r e•O¢d JI J•ly 2115 •Vtstri¢l 2J13 OfAJ {￿￿tffl¥¢d￿I 9267 IAl¢ltsi W"￿1¢￿151￿11￿r A••tyh by ty•e•f hbd &156 13.035 13.¥6J

Tho Athlone Trust CIO J•ty 2•L4 11 wl Adth.￿ DISF￿& Rr4'4ludions JU.OK2 Ai 31 Jui) 2025 30? 427 12 Ikthd 24 14. Ai14 Ai31 ( IO_Y)I 371 ILNI IAup Atjl JMIV Il•r¢vlrl I￿63J W.48

The Athlone Trust CIO 14 JI J•b IOLI 36? 4•) C•m•l .&¥h •1 and kn tr 14.8 377. 377.

The Athlone Trust CIO Dptslkd rffwiuiil f•r ibty•rewl 31 J¥ty 2114 INCOIIE 1•9• gJ67 1&12J iiJ IA211J EXPEh1)ITL Aa15&11 21 1749 J23) 1117•1 (.￿lI￿b￿ •divith• 156 13.Q35 MBiI ￿. cg 2n 17.75•1 113W 111746 IJAiy (9.8811 Ilnr¢4liBed 121116 2AiOS NET INC(fvME 19

The Athlone Trust cio SLPPORTCOSTS Mi'rrti5ti 12X 16221 2651 TOTALSI.'PVORT COSIS