CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for tha period From 06104124 Period end date Period start date To 05104125 Charity name: The Spencer Steadman Trust Charlty reglstratlon number: 1194926 Objectives and Activitios SORP referae Summary of the purposes of the charty as set out in its governing document Para 1.17 To promote the educatlon {Includlng soclal and physlcal tralnlng) of Individuals from lower soci04conomic backgrounds in such ways as tho charlty's truste08 think frt vla the award of funding to other charitios which Support andlor undertako: l. Awardlng to such person8 scholarships, maint•nanco allowances or grants tenable at pre-schools, primary or secondary schools. unlversltles, collogos or Institutions of higher or lurther educatlon; and11. Providing additional support to thelr educatlon (Including tho study of music or othor arts or skllls). Including financial assistance for tuition, travel In furthorance of that education or to prepare for entry to any occupation, trade or profession on leaving any oducational ostablishment. Awarding to such persons scholarships, maintenance allowances or grants tenable at prevschools, prlmary or secondary schools. universities, colleges or institutlons of higher or fvrther education. and ii. Providing additional support to their education (including the study of music or other arts or skills). including financial asslstance for tuition, travel in furtherance of that education or to prepare for entry to any Summary of the main aclivities in relation lo those purposes for the public benefit, in particular, the activities. projects or services identified in the accounts. Para 1.17 ar
occupation, trade or profession on leaving any educational establishment. Statement confirming whether the trustees have had regard to the guidan issued by the Charity Commission on public benefit Pard 1.18 The trustees have had regard to tho guidance issued by the Charty Commlsslon on publlc boneflL Additional infommtion (optional) You ma choose to include further statements where relevant abouL' The Trust has awarded grants based on a review by the Trustees of projects and students proposed by ARK Academy Chain Para 1.38 Policy on grant maklng Pwa 1.38 Policy on swal inv8Stm8nt including program r8lat8d investm8nt Para 1.38 Contribution made by volunteers Cxher
Achievements and Perfonnance Established Partnorship with Ark Acadèmy Chain (Absolute Return for Kids) The Yèllow Building. 1 Nicholas Road, London, W114AN Charity number 1095322 Awarded further tranches of grants for bursaries for 3 students from Ark Academy schools going on to attend university. Held fourth fundraising dlnnar and auction at tho Houses of Parliament in London In Dècember 2024 Summary of the main achievements of the charity. identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits lo society as whole. Para 1.20 Addltlonal Inforniation (optional) You ma choose to include further statemenls where relevant al)out'. Achievements against objectives set Pw8 1.41 Performance of fundraising aclivities against objectives set ParB 1.41 Investrnent perfomian against objectives Parn 1.41 Other
Financial Review Review of the charity's financial position at the end of the eriod Statémenl explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about Ihe charity Gontinuing as a going concern Pwa 1.21 Para 1.t2 PaTr 1.22 Para 1.22 1.24 Para 1.23 Additional Inlormatlon (optlonal) You ma hoose to include further statements wh8re relevant abouL' Th8 charity's principal sources of funds (indLKJing any fundraising) PBra 1.47 Investment pollcy and objectives including any social investment policy adopted Para 1.48 A description of the principal risks facing the charity Para 1.46 Other
Structure, Governance and Management Description of charity's trusts.. Type of goveming document Para 125 How is the charity constituted? orjorated aSSL7Jtrialion Cl 01 Trustee selection methods including details of any constitutional provisions e.g. eleclion to post or name of any person or body entitled lo appoint one or more trustees Para 1.25 cio Para 1.25 Appointed by thè Board Addltlonal informatlon (optional} You ma choose to include further statements where levant about.. Poli¢les and procedures adopted for the indu¢lion and training of truste8S Pw8 1.51 The charity's organisational structure and any wider neork with which the charity works Par8 1.51 Relationship with any related parties P8rn 1.51 oth8r Reference and Administrative details Chari name Other name the chari uses istered chari number Charity's principal address Thes nr Steadman Trust 1194926 27 Old Gloucester Street LONDON WC1N 3AX
Names of the charity trustees who manage the charity Name of person {or body) entitled to appolnt trust Ilf an Office Ilf any) Dates acted If not for TAhole year Trustse name Kate Steadman Chaim)an Andrew Jones Samaya Michiko Nissanke Mohan Russell Korgaonkar Hu8h Davies Sebastian Woods- Walker Treasurer Richard Christopher Brown MBE Alister shepherd Nasir Ahmad Secretary 10 12 13 14 15 16 17 18 19 20 Cor orate truslees - names of the directors at the date the re Dlrector nam• wasa roved Kate Steadman Andrewjones Samaya Michiko Nissanke Mohan Russell Korgaonkar Hu h Davies Sebastlan Woods-walker Richard Christopher Brown MBE Alister shepherd Nasir Ahmad
Name of trustees holding titie to property belonging to the charity Trustoe nam• Datos acted If not for whole
Funds held as custodian trustees on behalf of others Description of the assets held in Ihis capacity Name and objects ofthe charity on whose behalf the assets are held and how this falls within the custodian charily's objects Details of arrangemenls for safe cuslody and segr8gation of such assets from the charity's ¢)wn assets Addltlonal Informatlon (optlonal) Namos and addresses of advisers (Optional Infomiatlon) Type of Nam6 Addross advl8or Name of chlof executive or names of s•nlor staff mombors (Optlonal Inforniation) Exemptlons from disclosure Reason for norKlisclosure of ke rsonnel details Other o tional informatlon
Declarations The trustees declare that thoy have approved the trustees, report al>ove. Signed on behalf of the charity's trustees Slgnaturn(s) Full namels) Position (eg Secretary, Chalr. Otc) Date Il.ToLf
| Charity Name Spencer Steadman Trust |
Charity Name Spencer Steadman Trust |
Charity Name Spencer Steadman Trust |
No (if any) 1194926 |
No (if any) 1194926 |
No (if any) 1194926 |
CC16a | |
|---|---|---|---|---|---|---|---|
| For the period from |
Period start date 06/04/2024 |
To | Period end date 05/04/2025 |
||||
| Section A Receipts and payments | |||||||
| A1 Receipts | Unrestricted funds to the nearest £ 31,089 - - - - - - - 31,089 - - - 31,089 25,122 38,706 630 - - - - - - 64,458 - - - 64,458 - 33,369 - 128,934 95,565 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 31,089 - - - - - - - 31,089 - - - 31,089 25,122 38,706 630 - - - - - - 64,458 - - - 64,458 - 33,369 |
Last year to the nearest £ |
||
| 31,089 | 46,034 | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Sub total(Gross income for AR) |
31,089 |
46,034 | |||||
| A2 Asset and investment sales, (see table). |
|||||||
| - | |||||||
| - | - | ||||||
| ~~Sub total~~ | - | - | |||||
| Total receipts A3 Payments |
|||||||
| 46,034 | |||||||
FundraisingEvents |
25,122 | 12,470 | |||||
| Grants | 38,706 | 82,915 | |||||
| Professional Fees | 630 | - | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| **Sub total ** | 64,458 | 95,385 | |||||
| A4 Asset and investment purchases, (see table) |
|||||||
| - | |||||||
| - | |||||||
| **Sub total ** | - | - | |||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||
| 95,385 | |||||||
| - 33,369 | - | - | - 33,369 | - 49,351 | |||
| - | - | - | - | - | |||
| 128,934 | - | - | 128,934 | - | |||
| 95,565 | - | - | 95,565 | - 49,351 |
CCXX R1 accounts (SS)
12/12/2025
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 95,565 - - - - - 95,565 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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CCXX R2 accounts (SS)
12/12/2025
2
7 High st Tingrith MK17 9EH
Andrew Eldridge Financial Services
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of Spencer Steadman Trust On accounts for the year 05/04/2025 Charity no 1194926 ended (if any)
Set out on pages Draft accounts provided to me by the Trust
I report to the trustees on my examination of the accounts of the above Trust for the year ended 05/04/2025.
Responsibilities and As the trustees of the Trust, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Commission.
I report in respect of my examination of the Trust’s accounts carried out adopting 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:
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: Andrew Eldridge Date: 12/12/2025 Name: Andrew Eldridge (Andrew Eldridge Financial Services) Relevant professional ATT Association of Taxation Technicians (ATT – part of the Chartered qualification(s) or body Institute of Taxation) (if any): Address: 7 High Street, Tingrith Milton Keynes MK17 9EH
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
1
October 2018
IER