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)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||||
|||||
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**