2025-08-31-accounts - Jean And Graham Tidmas Foundation

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REGISTERED COMPANY NUMBER: 12152361 (England and Wales) REGISTERED CHARITY NUMBER: 1190873

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

JEAN AND GRAHAM TIDMAS FOUNDATION

bk plus Limited Chartered Certified Accountants 44 Grand Parade Brighton East Sussex BN2 9QA

JEAN AND GRAHAM TIDMAS FOUNDATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

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Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 12
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JEAN AND GRAHAM TIDMAS FOUNDATION (REGISTERED NUMBER: 12152361)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the charity are to advance such charitable purposes (according to the law of England and Wales) as the trustees from time to time see fit and in particular, but without prejudice to the generality of the foregoing, the advancement of such charitable purposes that benefit the inhabitants of the civil parish of Wisbech, Cambridgeshire and the surrounding area.

The charity was established by the will of the late Graham Tidmas. The estate included various financial assets which have been realised and the proceeds of this have been transferred to this charity.

The estate also included a number of properties that will be retained by the charity to produce rental income from which grants will be paid. On 29 October 2024 these properties were transferred to the charity.

The principal activity of the charity to fulfil these objects for the public benefit is the making of grants. The trustees have had regard to the Charity Commission's guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

During the year eleven grants were made in line with the charity's objects:

A grant of £8,591 was made to Upwell and Outwell Luncheon Club towards transport and venue rental costs.
A grant of £340 was made to the Upwell Gilbert and Sullivan Society towards the cost of costumes.
A grant of £350 was made to Upwell and Outwell Youth Club towards the setting up of the Youth Club.
A grant of £3,366 was made to East of England Ambulance Service Charity towards running costs.
A grant of £1,320 was made to East Anglia Children's Hospice towards the running costs of the Milton Hospice.
An unrestricted grant of 1,000 was made to NARA.
A grant of £2,000 was made to Family Volunteering Club towards their running costs.
An unrestricted grant of £1,000 was made to Well Creek Trust.
An unrestricted grant of £5,000 was made to Target Ovarian Cancer.
An unrestricted grant of £2,000 was made to Guide Dogs UK.

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JEAN AND GRAHAM TIDMAS FOUNDATION (REGISTERED NUMBER: 12152361)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

FINANCIAL REVIEW

Financial position

During the year, a distribution of estate income was received from the estate of Graham Tidmas, which together with tax recovery amounted to £37,998. Net rental income of £50,963 was received.

Grants totalling £25,967 were paid and after a small amount of other income and expenditure, there was a surplus for the year of £63,950.

One further investment property was purchased at a cost of £164,413. The properties left in the estate of Graham Tidmas were transferred to the Jean and Graham Tidmas Foundation during the year, along with the balance of monies from the estate the administration of which was also completed during the year.

There are reserves carried forward amounting to £148,127 in the unrestricted fund and £1,499,020 in the endowment fund.

Whilst the income for the year of £1,192,008 exceeds the £1 million audit threshold, the charity is exempt from audit for the year ended 31 August 2025 as £1,081,381 is endowment income and therefore excluded from the audit threshold.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity is constituted as a company limited by guarantee and was incorporated at Companies House on 12 August 2019.

It was registered with the Charity Commission on 17 August 2020.

The original trustees were appointed under the request of the late Graham Tidmas. New trustees are appointed by the existing trustees. Their suitability to help fulfil the charity's objects is considered and they are given an induction as to the purposes and policies of the charity.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

12152361 (England and Wales)

Registered Charity number

1190873

Registered office

Church View 51 Town Street Upwell Nr Wisbech Cambridgeshire PE14 9DA

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JEAN AND GRAHAM TIDMAS FOUNDATION (REGISTERED NUMBER: 12152361)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

Trustees

D P Cooper M A Saunders P J Thacker G D Stittle

Independent Examiner Dr Shona F Wardrop C.A. bk plus Limited Chartered Certified Accountants 44 Grand Parade Brighton East Sussex BN2 9QA

Advisers Bankers: NatWest Bank Bourne Leicester Customer Service Centre 11 Western Boulevard Bede Island Leicester LE2 7EJ

Approved by order of the board of trustees on 19 May 2026 and signed on its behalf by:

P J Thacker - Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JEAN AND GRAHAM TIDMAS FOUNDATION

Independent examiner's report to the trustees of Jean And Graham Tidmas Foundation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of Scotland, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Dr Shona F Wardrop C.A. The Institute of Chartered Accountants of Scotland

bk plus Limited Chartered Certified Accountants 44 Grand Parade Brighton East Sussex BN2 9QA

19 May 2026

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JEAN AND GRAHAM TIDMAS FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025

Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investment income 2 Total EXPENDITURE ON Raising funds Charitable activities Charitable activities Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricted fund £ 37,998 72,629 110,627 18,000 28,677 46,677 63,950 84,177 148,127	Endowment fund £ 1,081,381 - 1,081,381 - - - 1,081,381 417,639 1,499,020	2025 Total funds £ 1,119,379 72,629 1,192,008 18,000 28,677 46,677 1,145,331 501,816 1,647,147	2024 Total funds £ 30,000 17,267
				47,267
				1,576 24,930
				26,506
				20,761 481,055
				501,816

The notes form part of these financial statements

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JEAN AND GRAHAM TIDMAS FOUNDATION (REGISTERED NUMBER: 12152361)

BALANCE SHEET

31 AUGUST 2025

Notes FIXED ASSETS Investment property 5 CURRENT ASSETS Debtors 6 Cash at bank CREDITORS Amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 8 Unrestricted funds Endowment funds TOTAL FUNDS	Unrestricted fund £ - - 148,127 148,127 - 148,127 148,127 148,127	Endowment fund £ 1,437,788 - 62,371 62,371 (1,139) 61,232 1,499,020 1,499,020	2025 Total funds £ 1,437,788 - 210,498 210,498 (1,139) 209,359 1,647,147 1,647,147 148,127 1,499,020 1,647,147	2024 Total funds £ 323,375 6,969 194,018 200,987 (22,546) 178,441 501,816 501,816 84,177 417,639 501,816

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

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continued...

JEAN AND GRAHAM TIDMAS FOUNDATION (REGISTERED NUMBER: 12152361)

BALANCE SHEET - continued

31 AUGUST 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 19 May 2026 and were signed on its behalf by:

P J Thacker - Trustee

The notes form part of these financial statements

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JEAN AND GRAHAM TIDMAS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK Corporation Tax purposes. Accordingly the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

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JEAN AND GRAHAM TIDMAS FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

2. INVESTMENT INCOME

Rents received Interest receivable	2025 £ 68,963 3,666 72,629	2024 £ 13,369 3,898
		17,267

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

Trustees' expenses

There were trustees' expenses paid of £633 (2024: £585) to four (four) trustees relating to trustees' meeting costs.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted Endowment fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 30,000 - Investment income 17,267 - Total 47,267 - EXPENDITURE ON Raising funds 1,576 - Charitable activities Charitable activities 24,930 - Total 26,506 - NET INCOME 20,761 - RECONCILIATION OF FUNDS Total funds brought forward 63,416 417,639 TOTAL FUNDS CARRIED FORWARD 84,177 417,639	Total funds £ 30,000 17,267
	47,267
	1,576 24,930
	26,506
	20,761 481,055
	501,816

continued...

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JEAN AND GRAHAM TIDMAS FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

£ 323,375 1,114,413	£ 323,375 1,114,413	£ 323,375 1,114,413
1,437,788
1,437,788
323,375
2024 £ 969 6,000 6,969 2024 £ 21,586 960 22,546 At 31/8/25 £ 148,127 1,499,020	2024 £ 969 6,000 6,969 2024 £ 21,586 960	2024 £ 969 6,000
		6,969
	22,546
1,647,147

continued...

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JEAN AND GRAHAM TIDMAS FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

8. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming resources £ Unrestricted funds General fund 110,627 Endowment funds Endowment 1,081,381 TOTAL FUNDS 1,192,008 Comparatives for movement in funds At 1/9/23 £ Unrestricted funds General fund 63,416 Endowment funds Endowment 417,639 TOTAL FUNDS 481,055 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 47,267 TOTAL FUNDS 47,267		Resources expended £ (46,677) - (46,677) Net movement in funds £ 20,761 - 20,761 Resources expended £ (26,506) (26,506)	Movement in funds £ 63,950 1,081,381 1,145,331 At 31/8/24 £ 84,177 417,639 501,816 Movement in funds £ 20,761 20,761

continued...

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JEAN AND GRAHAM TIDMAS FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2025.

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