ANNUAL REPORT AND ACCOUNTS
TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
CHARITY REGISTRATION NO 1195953
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TABLE OF CONTENTS
Table of contents ............................................................................................................................ 2 Reference and administrative information ...................................................................................... 3 Trustees' Report ............................................................................................................................. 4 Statement Of Financial Activities ..................................................................................................... 6 Balance Sheet ................................................................................................................................. 7 Notes to the Financial Statements ................................................................................................... 8
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REFERENCE AND ADMINISTRATIVE INFORMATION Trustees & Officers of the Charity
Chairperson Naina Chauhan Trustees Gillian Cammack Giuseppe Marcantonio Rahul Devan Chauhan Rishil Patel Robert Rea Charity Number 1195953 Charity’s Office 47 The Glade Epsom KT17 2HL Banker Barclays
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TRUSTEES' REPORT
Report of the trustees for the year ended 30th September 2025
Objectives
The charity exists to support people with glioblastoma, their families and carers, by relieving financial hardship providing information about glioblastoma.
Structure, Governance and Management
The Jay C Trust was founded in May 2021 and registered with the Charity Commission as a CIO on 28th September 2021. There are 6 trustees. The trustees have acted in line with the charity's constitution and its other policies. During the year, trustees’ meetings were conducted in a variety of formats: online, hybrid and face-to-face. The charity is registered with HMRC for Gift Aid.
Staff
The charity does not employ any staff.
Activities
During the year, the charity focused on raising awareness of the availability of grants by making contact and liaising with hospitals and G.P. surgeries in the areas of operation. In May 2025, it was agreed to widen the area to the whole of England and Wales and to treat applications from other parts of UK on a case-by-case basis. The social media presence and website continued to enable the public to interact with all aspects of the charity.
Throughout the year, the charity continued to raise awareness and funds. In April, another successful Race Night was organised in aid of The Jay C Trust. We have continued to network with other charities in similar fields including some of the major brain tumour charities and the International Brain Tumour Alliance.
Individuals and small groups have continued to raise money for the charity by regular giving, sponsored challenges and other events.
Financial Review
During the year the charity's main source of income has been fundraising done by the charity, fundraising done by others in aid of the charity and the regular giving of some donors. The charity's major expenditure has been on the giving of grants to those affected by glioblastoma, with some expenditure on events and publicity.
The Reserves Policy sets the reserves at three months’ operational expenditure.
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Declaration
The Trustees declare that they have approved the Trustees Report above.
Signed on behalf of the Trustees
Naina Chauhan
…………………………………… Naina Chauhan (Chair) Dated: 29/07/2026
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STATEMENT OF FINANCIAL ACTIVITIES
(INCOME & EXPENDITURE ACCOUNT) For the year ended 30 September 2025
| Notes Income and endowments from: Donations, legacies and similar income Gift Aid, Covenants and general donations [2] Incoming resources from charitable activities Fundraising Activities Investment Income Total incoming resources Expenditure on: Charitable activities [3] Donation to Charitable Organisations Total resources expended Net incoming (outgoing) resources for the year Transfers between funds Net movement in funds Funds at 01 October 2024 Funds at 30 September 2025 |
Unrestricted Restricted Total 2025 Total 2024 £ £ £ £ 11281.98 - 11281.98 10523.94 2903.67 - 2903.67 2906.01 73.28 - 73.28 - |
|---|---|
| 14258.93 - 14258.93 13429.95 11515.85 - 11515.85 3220.43 - - - - |
|
| 11515.85 - 11515.85 3220.43 2743.08 - 2743.08 10209.52 - - - - |
|
| 2743.08 - 2743.08 10209.52 62088.38 - 62088.38 51878.86 |
|
| 64831.46 - 64831.46 62088.38 |
The notes on pages 8 to 10 form part of the accounts.
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BALANCE SHEET
For the year ended 30 September 2025
| Notes CURRENT ASSETS Cash in hand and at bank [4] CURRENT LIABILITIES Creditors: Amounts falling due within one year [5] NET CURRENT ASSETS NET ASSETS Funds & Reserves Accumulated Funds [6] |
Unrestricted Restricted Total 2025 Total 2024 £ £ £ £ 64831.46 - 64831.46 62088.38 |
|---|---|
| 64831.46 - 64831.46 62088.38 - - - - |
|
| - - - - 64831.46 - 64831.46 62088.38 |
|
| 64831.46 - 64831.46 62088.38 |
|
| 64831.46 - 64831.46 62088.38 |
Approved by the trustees on
Naina Chauhan
Rishil Patel
…………………………………….. …………………………………….. Naina Chauhan (Chair) Rishil Patel (Trustee) Dated: 29/07/2026
The notes on pages 8 to 10 form part of the accounts.
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NOTES TO THE FINANCIAL STATEMENTS
1. ACCOUNTING POLICIES
a) Basis of preparation
The accounts have been prepared under the historic cost convention except for investments, which are valued at market value. The accounts have been prepared in accordance with the Charities Statement of Recommended Practice (SORP), "Accounting and Reporting by Charities" and the Charities Act 2011.
b) Fund Accounting
The unrestricted Income Fund can be spent on any purpose within the organisation's objects at the discretion of the trustees.
c) Incoming Resources
All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Interest and dividends are fully accrued at the balance sheet date.
d) Resources expended
Resources expended are included in the statement of financial activities on an accrual’s basis, inclusive of any VAT, which cannot be recovered. Grants and donations payable are accounted for when a legal or constructive obligation arises. A constructive obligation arises where the other party has a reasonable expectation of receipt.
e) Tangible fixed assets
Fixed assets comprise office furniture and equipment are now fully depreciated. All assets costing more than £100 are capitalized at historic cost.
f) Related party transactions and trustee's remuneration
Trustees received no emoluments during the year (2024: £nil) nor expenses in the year (2024: £nil).
g) Valued Added Tax
VAT is not recoverable by the charity.
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2. GIFT AID, COVENANTS AND GENERAL DONATIONS
| Unrestricted | Restricted | Total 2025 | Total 2024 | ||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Donations | 7953.40 | - | 7953.40 | 7984.66 | |
| Fundraising Contributions | - | - | - | - | |
| Gift Aid Claimed | 1074.97 | - | 1074.97 | - | |
| Grants - Non Recurring | 1000.00 | - | 1000.00 | 2000.00 | |
| JustGiving Contributions | 1253.61 | - | 1253.61 | 189.28 | |
| Matched Donations | - | - | - | - | |
| Payroll Giving | - | - | - | 350.00 | |
| Sponsorships | - | - | - | - | |
| Other Incoming Resources | - | - | - | ||
| 11281.98 | - | 11281.98 | 10523.94 | ||
| 3. EXPENDITURE ON CHARITABLE | ACTIVITIES | ||||
| Unrestricted | Restricted | Total 2025 | Total 2024 | ||
| £ | £ | £ | £ | ||
| Grants Paid Out | 8800.00 | - | 8800.00 | 2000.00 | |
| Fundraising Expenditure | 852.32 | - | 852.32 | 8.50 | |
| Bank charges and merchant fees | 152.51 | - | 152.51 | 91.74 | |
| Insurance | 96.00 | - | 96.00 | 96.00 | |
| Marketing & Promotions | - | - | - | 113.86 | |
| Postage Costs | 355.90 | 355.90 | 1.95 | ||
| Printing and Stationary Costs | 299.66 | - | 299.66 | 390.36 | |
| Software and Computer | 186.48 | - | 186.48 | 186.48 | |
| expense | |||||
| Sundry Expenses | 136.00 | - | 136.00 | 140.60 | |
| Telephone and Email | 111.24 | - | 111.24 | 97.48 | |
| Website Running Cost | 525.74 | - | 525.74 | 93.46 | |
| 11515.85 | - | 11515.85 | 3220.43 | ||
| 4. CASH IN HAND AND AT BANK |
| . CASH IN HAND AND AT BANK | |
|---|---|
| Petty Cash Current Account Paypal and Stripe Accounts |
Unrestricted Restricted Total 2025 Total 2024 £ £ £ £ 93.63 - 93.63 19.46 64717.82 - 64717.82 62048.86 20.01 - 20.01 20.06 |
| 64831.46 - 64831.46 62088.38 |
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5 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Unrestricted Restricted Total 2025 Total 2024 £ £ £ £ Accruals and deferred income - - - -
6. ACCUMULATED FUNDS
| . ACCUMULATED FUNDS | |
|---|---|
| General Funds (Unrestricted) | Opening Balance Income Expenditu re Transfers Closing Balance £ £ £ £ £ 62088.38 14258.93 11515.85 - 64831.46 |
| 62088.38 14258.93 11515.85 - 64831.46 |
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THE JAY C TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEYfEMBER 2025 We rcport to the members of The Jay C Trust on accounts for the year ended 30 September 2025. Res eetive res onsibilities of Trustees and Examiner The charity's trust¢es are reswnsible for the preparation of the accounts. The charily's trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 {the Charities Act) and that an independent examination is required. It is our responsibility to: examine the accounis under Seclion 145 of the Chariiies Act: follow procedures laid dow in the general Direclions given by the Charity Commission (undcr Section 145(i){b) of the Chariiies A¢t)- and state whether particular matters have come to our attention Basis of Inde endtnt Examiner's re ort Our examination was carried out tn accoTdance with the general Directions given by the Charity CoTnmission. An examination includes a review of the accounttng records kept by the charitv and a comparison of the a¢rounts prcscnled with those records. li also includes consideration of any unusual items vr discloswe5 in the financial return: and seeking explanalions from the Irustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is gTiven a5 to whether the accounls presenc a true and fair" view and the report is IiTnited to those matters set out in the statement below. Inde endenl Examiner's statement In connection wilh our examiTAation, no matter has come to our attention: which gives us reasonable cause to believe that in any material respect, the requirements: to keep proper accounting records in accordance with section 130 of the ChitIeS Act. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in our opinion, attention should be drawn in ordcr to ¢nabl¢ a proper undeistanding of the accounis lo reached. 18, THE BROADWAY STONELEIGH, EWELL EPSOM, SUIiREY, KT17 2HU. L & F ACCOUNTING LTD. CHARTERED .4CCOUNTANTS 29 JULY 2026