||||||||| |---|---|---|---|---|---|---|---| |**Trustees' Annual Report**|||||**for theperiod**||| |**From**|Period start date|||**To**|Period end date||| ||1|August|2024||31|July|2025| ## Section A Reference and administration details **Charity name The Tricia Killen Charitable Foundation** **CIO Number CE022439** ## **Registered charity number 1190298** **Charity's principal address 255 Muswell Hill Broadway** **London Postcode N10 1DG** ## **Names of the charity trustees who manage the charity** |1
2
3|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Michael Donald
Ross|||| ||Paul Francis Killen|||| ||Susan Ann Killen|Chair||| ## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---|---| |**Type of adviser**
**Name**
**Address**|||| |**Independent Examiner**|Monika Hazelton,
Winston Hazelton &
Co Ltd||34 Arlington Road, NW1 7HU, London| |**Name of chief executive or names of senior staff members (Optional information)**|||| ||||| ||||| |**Section B**
**Structure, governance and management**|||| |**Description of the charity’s trusts**
Type of governing document
(eg. trust deed, constitution)
Constitution adopted on 8 July 2020
How the charity is constituted A Charitable Incorporated Organisation - Foundation|||| |||Constitution adopted on 8 July 2020|| |||A Charitable Incorporated Organisation - Foundation|| 1 - (eg. trust, association, company) Trustee selection methods (eg. appointed by, elected by) Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. ## **Additional governance issues (Optional information)** The Foundation is under the overall control of the Trustees, who conduct You **may choose** to include the affairs of the foundation. The Trustees try to meet twice a year to set additional information, where the policies and overall direction of the charity, to review its plans and to relevant, about: discuss the management of the foundation. ||**ptional information)**| |---|---| ||The Foundation is under the overall control of the Trustees, who conduct
the affairs of the foundation. The Trustees try to meet twice a year to set
the policies and overall direction of the charity, to review its plans and to
discuss the management of the foundation.| |•
policies and procedures
adopted for the induction and
training of trustees;
•
the charity’s organisational
structure and any wider
network with which the charity
works;
•
relationship with any related
parties;
•
trustees’ consideration of
major risks and the system
and procedures to manage
them.|The number of Trustees shall not be less than three but there is no
maximum number of the trustees that may be appointed.
The Trustees consider the board of Trustees to be the key management
personnel in charge of directing and controlling the foundation.
The Foundation has an open recruitment procedure for new Trustees who
have the appropriate skills and experience to meet the needs of the
organisation, and has procedures for the induction of new Trustees.
If the foundation is wound up, the members of the foundation have no
liability to contribute to its assets and no personal responsibility for settling
its debts and liabilities.
Each trustee is also automatically a foundation member.
All Trustees give their time freely and no trustee received remuneration
during the period.| ||| |**Section C**|**Objectives and activities**| |---|---| |**Summary of the objects of**
**the charity set out in its**
**governing document**|| ||To advance any purpose which is charitable under the laws of England
and Wales.| 2 |**Summary of the main**
**activities undertaken for the**
**public benefit in relation to**
**these objects (include within**
**this section the statutory**
**declaration that trustees**
**have had regard to the**
**guidance issued by the**
**Charity Commission on**
**public benefit)**|Donations received in the year amounted to £5,000 (2024: £Nil).
The Trustees have had due regard to the guidance issued by the
Charity Commission regarding public benefit.
During the year, the Foundation made careful donations to existing
charities as follows:
The International Committee of the Red Cross
£3,000
The donation was in line with TKCF’s strategy of supporting charities
that provide help for the most disadvantaged in society, in-particular
those without access to health, housing and food. Our approach to
donations is to give as much as we can while maintaining the
foundation’s ability to sustain donations over the medium to long term.| |---|---| |Section D|Achievements and performance| |---|---| |**Summary of the main**
**achievements of the charity**
**during the year**|| ||The Trustees take a prudent view regarding the investment of surplus
funds. The Trustees continue to believe that the most appropriate policy
for investing funds is with Ruffer LLP. Ruffer seek to be responsible
investors,
fully
integrating
environmental,
social
and
corporate
governance issues into their investment process. The fund has strict
restrictions on investment in alcohol, armaments, gambling, pornography,
predatory lending, tobacco, oil sands and thermal coal. There was no
additional investment made in the year (2024: £Nil). The fund made £Nil
capital gain in the year (2024: £Nil) and received dividends of £4,754
(2024: £4,319) during the year. All gains and dividends were reinvested
in the fund. At the year end the fund’s market value was £164,710 (2024:
£157,291).| ||| |**Section E**
**Financial review**|| |**Brief statement of the**
**charity’s policy on reserves**
**Details of any funds materially**
**in deficit**|| ||The charity’s unrestricted reserves are represented by cash in an
interest-bearing bank account (Separate Designated Client Account with
Layzells), the foundation’s solicitors client account and are invested with
Ruffer LLP.
Trustees revised their view on the level of funds held in cash. It is now
believed that the foundation’s unrestricted cash reserves should be kept
at no higher than £5,000. This level of funds is based on the annual cash
requirements covering all administrative and professional fees.| ||None| 3 Section F Other optional information Golng Concom The Trustees consider Ihat tp￿re are no matenal uncert8inl*s related to events or conditions that cast Èlgnlficant doubt upon thg Charity's ability lo continue 88 8 going fGncern. The Tru61ee8 havE ￿￿de thi5 assessment for a ￿rI00 of al least one yèar from the date of approvel of Ihe accounts In ￿l¢VIar. th8 Iruslèes considered thè CharRy's budget proiedion. The Trustees made enquires and have conduded thai there is reasonablo exwdalion thal th¢ Choriiy ha? adewate resources to Gonlinue in Op￿￿￿"0n￿l e￿ster￿A Ihe foreseeable future. Section G Declaration The trusten d•clarè ihat they havo approved Ihe trustses, report above. 8igned on boh•lf ol th• charlty's trustees Slgna Full nam Posltion18g Secrotary. Chair, etcl Susan Ann Kilen Chak 4 F February 2026 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** |**Report to the trustees/**
**members of**
**On accounts for the**
**period**
**Set out on pages**|**The Tricia Killen Charitable Foundation**|**The Tricia Killen Charitable Foundation**|**The Tricia Killen Charitable Foundation**| |---|---|---|---| ||||| ||**From 1 August 2024 to 31 July 2025**|**Charity**
**no**|**1190298**| ||||| ||6 and 7||| I report to the trustees on my examination of the accounts of the above charity for the year ended 31 July 2025. **Responsibilities and** As the charity trustees of the Charity, you are responsible for the **basis of report** preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Charity’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. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** 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 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. **Signed: Date:** 3 March 2026 **Name:** Monika Hazelton FCCA **Relevant professional** Winston Hazelton & Co Ltd **qualification(s) or body** Chartered Certified Accountants **(if any): Address:** 34 Arlington Road London NW1 7HU **Section B Disclosure** None 5 ## **The Tricia Killen Charitable Foundation Charity number 1190298 Receipts and payments accounts** **CC16a** **For the period 01-Aug-24 To 31-Jul-25 from** ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**28**
**4,755**
**-**
**5,000**
**-**
**-**
**-**
**9,783**
**9,783**
**3,000**
**1,680**
**1,416**
**-**
**-**
**-**
**-**
**-**
**-**
**6,096**
**4,755**
**4,755**
**10,851**
**(1,068)**
**-**
**2,799**
**1,731**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**28**
**4,755**
**-**
**5,000**
**-**
**-**
**-**
**9,783**|**Total funds**
**to the nearest £**
**28**
**4,755**
**-**
**5,000**
**-**
**-**
**-**
**9,783**|**Last period**
**to the nearest £**| |---|---|---|---|---|---|---| |Gross interest|**28**|||||**67**| |Gross dividend|**4,755**|||||**4,319**| |Gain on sale of investments|**-**|||||**-**| |Donation -|**5,000**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**9,783**|||||**4,386**| |**_Total receipts_ **
**A3 Payments**||||||| |||||**9,783**||**4,386**| |||||**3,000**
**1,680**
**1,416**
**-**
**-**
**-**
**-**
**-**
**-**
**6,096**||| |Donations|**3,000**|||||**7,000**| |Accountant fees|**1,680**|||||**1,680**| |Solicitor fees|**1,416**|||||**1,681**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**6,096**|||||**10,361**| |||||||| |**A4 Asset and investment**
**purchases**||||||| |Ruffer - investment fund|**4,755**|||**4,755**||**4,319**| |**_Sub total_ **|**4,755**|||**4,755**||**4,319**| |**_Total payments_ **
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**14,680**| |||||||| ||**(1,068)**|**-**|**-**|**(1,068)**||**(10,294)**| ||**-**|**-**|**-**|**-**||**-**| ||**2,799**|**-**|**-**|**2,799**||**13,093**| ||**1,731**|**-**|**-**|**1,731**||**2,799**| 6 (HARITY COMMISSION The Tricia Killen Charitsble Foundation FOR ENGLAND ANO IYALES Charlty number 1190298 Receipts and payments accounts CC16a For the pe￿d 014￿24 31￿￿-2$ Section B Statement of asset5 and liabilities at the end of the period RgstsIGted funds to É ETrdov*i￿e￿t funds Caleg)iies Detslls Jntts lowMr•bt E B1 Cash funds 1.731 Total cash lunds 1,rJi Unr•strict ods Rostrfcted funds EndowmeTrt funds Delai15 B2 Other m4)nelary axs•ts Fth11owl Detalls JIiP.kr￿m>¥1 CottiopV#Jn•l OMI 184710 B3 Invo8knent a8s0ts lo •¥M b• Cwrpnl ¥alu¢ Deialls 84 Assets relained for th• Fumto *fft16 l•bl Amwni Detals onal BS Llablllti 1,fj00 SHanAnn F4bru•ry