2025-03-31-accounts

Objectives and Activit	ies
	SORP reference
Summary ofthe purposes of	Para 1.17	For the public benefit, the advancing of
the charity as set out in its governing document		general charitable purposes (according to the law of England and Wales) as the
		trustees see fit from time to time, in any part
		of the world for the public in general by, in
		but not the particular exclusively, advancement of:
		[J Environmental protection or
		improvement
		Education
		Health or the saving of lives The arts, culture, heritage or science
		Prevention or relief of poverty
		Other purposes beneficial to the
		community in the UK and anywhere else in the world.
Summary ofthe main activities in relation to those	Para 1.17 and 1.19	During this reporting period, the Trustees continued to focus on strategic
purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.		considerations about the identification of potential beneficiaries (e.g. to whom grants may be awarded) and the decision making processes underpinning such decisions.
		During the period, the Trustees awarded a
		grant to Herefordshire Meadows with a total value of£5,000.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity	Para 1.18	The Trustees are all aware of the guidance issued by the Charity Commission on public benefit and have taken that guidance into account when conducting the business of
Commission on public		the Cirsium Trust.
benefit

Achievements and Pe	rformance
	SORP reference
Summary ofthe main achievements ofthe charity, identifying the difference the	Para 1.20	A grant has been Meadows.	awarded to		Herefordshire
charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.		In this financial accepted a share	year, donation	the Charity of £202,998.		has

Financial Review
Review ofthe charity's financial position at the end	Para 1.21	The Charity £202,998.	has	accepted		donations	of
ofthe period
Statement explaining the policy for holding reserves	Para 1.22	Reserves are held to operate effectively. The			help the charity Trustees keep the
stating why they are held		level of reserves		held	under	review	and
		monitor the level of the year.		reserves held throughout
Amount of reserves held	Para 1.22	£852,596
Reasons for holding zero	Para 1.22	N/A
reserves
Details offund materially in	Para 1.24	No funds are materially in			deficit.
deficit
Explanation of any uncertainties about the	Para 1.23	There are no charity's going	uncertainties regarding concern status.				the
charity continuing as a going
concern

You may choose to include	further statements	where relevant about:
The charity's principal sources offunds (including	Para 1.47	The principal source of funding is currently from the Trustees.
any fundraising)

Description of charity's
trusts:
Type of governing document	Para 1.25	Trust deed - dated	23	March 2021
{trust dead royal charter
How is the charity	Para 1.25	Unincorporated association.
constituted?
(> .2
asscaiaiion.
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of	Para 1.25	The Trustees were appointed at time of establishment of the Cirsium Trust. furtherTrustees have been appointed.				the No
any person or body entitled
to appoint one or more
trustees

Reference and Admin	istrative details
Charity name	The Cirsium Trust
Other name the charity uses
Registered charity number	1193921
Charity's principal address	Westfield Steading Auberrow
	Wellington
	Hereford
	HR4 8AJ

		Page
Report ofthe Trustees	1	to	2
Independent Examiner's Report		3
StatementofFinancial Activities		4
Balance Sheet		5
Notes to the Financial Statements	6	to	10
Detailed Statement of Financial Activities		11

		2025	2024
		Unrestricted	Total
		fund	funds
	Notes	£	£
INCOMEAND ENDOWMENTS FROM
Donations and legacies		202,998	198,377
Other income		3,106	3,447
Total		206,104	201,824
EXPENDITURE ON
Raising funds	2	3,752	4,443
Charitable activities
Donation to HWT
			10,000
Donation to Cancer Charity
			5.000
Donation to Herefordshire Meadows		5,000
Other		796	720
Total		9,548	20,163
Net gains/(losses) on investments		(303)	(460)
NET INCOME		196,253	181,201
Other recognised gains/(losses) Gains/(losses) on revaluation offixed assets		(13,241)	79,240
Net movement in funds		183,012	260,441
RECONCILIATION OF FUNDS
Total funds brought forward		669,584	409,143
TOTAL FUNDS CARRIED FORWARD		852,596	669,584

		2025	2024
		Unrestricted	Total
		fund	funds
	Notes	£	£
FIXEDASSETS
Investments	5	824,762	672,308
CURRENTASSETS
Cash at bank		28,624	52
CREDITORS
Amounts falling due within one year	6	(790)	(2,776)
NET CURRENTASSETS		27,834	(2,724)
TOTALASSETS LESS CURRENT
LIABILITIES		852,596	669,584
NETASSETS		852,596	669,584
FUNDS	8
Unrestricted funds		852,596	669,584
TOTAL FUNDS		862,596	669,584

Investment management costs	2025	2024
	£	£
Portfolio management	3,711	3,857

COMPARATIVES FORTHE STATEMENT OF FINANCIALACT	IVITIES
	Unrestricted
	fund
	£
INCOMEAND ENDOWMENTS FROM
Donations and legacies	198,377
Other income	3,447
Total	201,824
EXPENDITURE ON
Raising funds	4,443
Charitable activities
Donation to HWT
	10,000
Donation to Cancer Charity
	5,000
Other	720
Total	20,163
Netgains/(losses) on investments	(460)

	Incoming resources £	Resources expended £	Gains and losses £	Movement in funds £
Unrestricted funds
General fund	201,824	(20,163)	78,780	260,441
TOTAL FUNDS	201,824	(20,163)	78,780	260,441

		Net
		movement	At
	At 1/4/23	in funds	31/3/25
	£	£	£
Unrestricted funds
General fund	409,143	443,453	852,596
TOTAL FUNDS	409,143	443,453	852,596

	Incoming resources	Resources expended	Gains and losses	Movement in funds
	£	£	£	£
Unrestricted funds
General fund	407,928	(29,711)	65,236	443.453
TOTAL FUNDS	407,928	(29,711)	65,236	443,453

fortheYearEnded 31 M	arch 2025
	2025	2024
	£	£
INCOMEAND ENDOWMENTS
Donations and legacies Donations	202,998	198,377
Other income
Dividend Income	3,058	3,431
Interest Income	48	16
	3,106	3,447
Total incoming resources	206,104	201,824
EXPENDITURE
Raising donations and legacies Sundries		586
Investment management costs
Portfolio management	3,711	3,857
Charitable activities
Grants to institutions	5,000	15,000
Support costs
Finance
Bank charges	41
Governance costs
Independent examiner's fees	796	720
Total resources expended	9,548	20,163
Net income before gains and losses	196,556	181,661
Realised recognised gains and losses Realised gains/(losses) on fixed asset
investments	(303)	(460)
Net income	186,253	181,201

Indepgndent Examinerfs Report to the Trustegs of The Cirsium Trust Independènt •xamln•rfs r•port to tNst8•s of The Cirsium Trust I report to the charity trustees on my exafflinab.on of the accounts of The Cirsium Trust Trustl for thg yoar ended 31 March 2025. Responslbilitles and basis of report As the charity trustees of Ihe Trust you are resFrfMs￿e lor the pwparatth of the aCc￿nts in accordance the requirgmgnts of the Charitses Act 2011 fthe Nd). I report in rèspect of my éxamination of th8 Trusvs accounts carried out uThJer Section 145 of th8 Act and in carrying out my examination I havg folk)w8(J all ap￿4￿ble Direc1￿￿ given by the Charity Commi4ion under Section 145{5llbl of thè Act. Ind•pend•nt •xamSnerf¥ st•t•ment I hBve complèted my examination. I confirrn thal material matters hava ccrfng to my attention in connection th the eXaMinat￿n giving me cause lo believe that in any rnat&ri￿ r8sp8cL' accounting recwds were rKA kept in rosp8Ct ol the Tnjst as r&]uired by tion 130 01 tho A¢t.' or the accounts do rK>t aceord with th￿ records., the accounts do not compfy ￿th the applicable requirements concemlng the fomi and content of o¢counts sel out in the Charities IAcccwJnts and Reportsl Regulations 2008 other than any fequirement that th$ a¢counts gfve a true and faw vlew thich 19 not a m•tt¢r w)sld•r•d as part of an Independent examlnatlon. I hove no ¢LMwn$ have come across no otrr matters in ￿nn$¢I￿ ith the examinalhM to vthich attention shijuld be drawn in this rewt in txder lo •nabh a prow underslandir¥J of the accounts to be reached. Mlss S L Crovrth¢r Crovrthers Chart8r8d kn￿jnt8￿ts 15 St Ggorgos Road Chellenham Gloucestershlre GL50 3DT Dalo..