Charity registration number: 1198766
The Richard Stoker Trust
Annual Report and Financial Statements
forthe Year Ended 31 March 2025
Field Sullivan Limited
9 Hare & 8illet Road
Blackheath
London
SE3 ORB

The Richard Stoker Trust
Contents Itontinuedl
Reference and Aéministrative Details
Trustees, Report
2to4
IndependentAuditors' Report
5t07
statement of Financial Activities
Balance Sheet
Cash Flow Statement
io
Notes to the Financi31 Statements
Ilto15

The Richard Stoker Trust
Referen￿ and Admlnistrative Detalls
Trustees
Mark Braund
Caroline Fe15tead
Frances Migniug10
Charity Registration Number
1198766
Principal Office
48 Brandram Road
London
SE13 5RT
Audltor
Field Sullivan Llrnlted
9 Hare & Billet Road
Blackheath
London
SE3 OR8
Page I

The Richard Stoker Trust
Trustees, Report
The trustee5 present the annual report together wlth the flnanclal statements and auditors, report of the
charity for the year ended 31 March 2025.
Objectives and activitie5
Objerts undolms
To advance the education of the public in, and the appreciation of. the life and works of the ¢omposer Ri¢h8rd
Stoker, in particular by Promoti￿ organisin& supportin8 and encouragin8:
111 public performances and recording5 of his works.,
121 other educational and cultural activities relevant to the study and appreciation of his music,. and
131 the safeguarding gf his archive of musical manustripts both published and handwritten. book5. recorded
material, athvorks and other relevant items.
Publi¢ benefft
There was minirnal expenditu￿ Iluring the reporknng period while the trustees decided how to tske the charity
fO￿ard following the death of the founding chair of trustees.
The trustees Ire aware of, and have taken into account. the guidance on public benefit in all decisions they
have made.
The trustees confirm that they have complied with the ￿qUireMents of section 17 of the Charities Att 2011 to
have due regard to the public benefit guidance published by the Charity Commission ftsr England and Wale5.
AchI￿ementS and performance
Following the death of the founding chair of trustees, Dr Gillian Stoker, on 13th February 2024, during the
reporting period the remaining trustees decided to tarry out a full review in order to decide how to take the
chartty fotward in accordance with the charitsble objertives and the wishes of Drstoker.
To this end, a tonsultant was appointed to rèport on options. and findings were presÈnted on 26th Febnjary
2025. No decisions were taken as a result of the consultant's rÈcommendations during the reporting period.
The tharity undertook no artive fundraisin8 during the reporting period. although we did receive a small
number of donations.
We also ￿te1ved a large legacy of £1,040,(￿) from the estate of Dr Stoker.
Flnanclal revlew
At the end of the reporting period, the charity had tash reserves of £1,055,417.91. It also antiapated a further
£575.000 legacy from the estate of Dr. Gillian Stoker. once her house had been sold. At the end of the
reporting period the house remained in Dr Stokerfs estate, awaiting sale.
Polky on resetves
While there was no reserve poliLy as such. the reserves were held subjett to thè trust starting the process of
inviting grant applications with a view to be8inning the distrsbution of funds in line with the charitable
oblectives.
Page 2

The Richard Stoker Trust
Trustees, Report {continued)
T￿steeS and officers
The trustees and officers setvtng duiing the year and since the year end were as follows:
Trustees:
Mark Braund
Caroline Fdstead
Frances Migniuolo
Christopher Wiley (resigned 4 June 20251
Structurei governance and management
Natureofqovernln9 document
CIO Foundation Model Constitution
Retruthert¢wnd t7p￿IntMent0ltn￿tees
The trustees during the reportin8 period were recruited by the foundin8 Chair of Trustee5. the late Dr Stoker,
on the basis of their expertise, and their cornmitrnent to the promotion of thework of Richard Stoker.
Statement of Tru5tee5' Rosponsibllltles
The trustee5 are responsible tor preparin8 the tiustees, report and the financial statements in accordance with
the Vnited Kingdom Accounting Standards (Unitsd Kingdom Generally Accepted Accounting Practice) and
applicable law and reÉulations.
The law applicable to charities ￿qUireS the trustees to prepare financial statements for each financial year
which give a true and fair view of the state of affairs of the tharity and of the incoming resourtes and
application of resources of the charity for that period. In preparing these financial statements, the tfU5tees are
required to..
select sultable accounting poli¢ies and then apply them consistently..
observe the rnethods and principles in the Charities SORP,.
make jud8ements and esrimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subjert to any material departure5
discIc¢sed and explained in the finantial staternents,. and
prepare the financial statements on the going concern basis unles5 It 15 inappropriate to presume that the
charity will continue in business.
The trustees are responsible for keeping proper 3ccountin8 records that disclose with reasonable accuracy at
any tlme the flnancial position of the charity and enable them to ensure that the financial Statements comply
with the Charities Art 2011, the Charities IAccounts 3nd Reports) Regulations 2008, and the provlsions of the
onstitution. The trustee5 are a150 responsible for safeguarding the assets tsf the thèrity and hence fgr tsking
reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responslble for the maintenance and integrity of the corporate and financial infijimation
included on the charitable company's website. Legislation governing the preparation and di55emination of
financial statements may differ from legislation in other jurisdictions.
Page 3

The Richard Stoker TNst
Trustees, Report {contlnued)
Olsclosure of Infom)atlon to audltor
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of
any relevant audit inforniation and to establish that the charity's auditor is aware of that information. The
trustees confirm that there is no relevant infomation that they know of and of which they know the auditor is
unaware.
The annual report wzs approved by the trustee5 of the charity on......
and si8nEd on its behalf by..
Mark 8raund
Trustee
Page 4

The Richard Stoker Trust
Independent Auditor's Report to the Members of The Richard Stoker Tnst
Opinion
We have audlted the finaneial statements of The Richard Stoker Trust (the 'charity'l for the year ended 31
March 2025, which comprise the Statement of Financial Activities, Balance Sheet, Cash Row Statement, and
Note5 tci the Financial Statements, including a summary of significant accounting polioe5. The financial
reporting framework th31 has been applied in their preparation is United Kingdom Accounting Standards,
comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in thè UK and Rèpublic ef
Ireland, and applieable law (United Kingdom Gener8lly Accepted Accounting Practice).
In our opinion the financial statements..
8ive a true and fair view Of the state of the charity's affairs as at 31 Marth 2025 and tsf its incomin8
resources and application of resources, including its income and expenditure. for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice..
and
have been prepared in accordance with the requirements of the CharfciesArt 2011.
Basis for oplni¢n
We conducted our audit in accordance with International Standards on Auditing IUKI IISAs IUKII and applic8ble
law. Our responsibilities under those standards are further described in the auditor responsibilities for the
audit of the financial statements section of our report. We are independent of the charity in accordante with
the ethical requirements that are relevant to our audit of the financial statements in thè UK, including the
FRCS Eth¢cal Standard, and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have obtained is sufriaent and appropriate to provide
basis foraur opinion.
Olher matters
The eorresponding fi8ures and comparative financial statements in the current yearfs financial staternents
were derived from the financial statements for the year ended 31 December 2024 which were not audited.
Concluslons relètlng to golng tontern
In auditing the financial statements, we have concluded that the trustees Use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have n9t identified any material uncertainties rtlating to events or
conditlQn5 that, individually or collectively, rniy ￿$t significant doubt on the charity's ability to continue as
going concern fgr a period of at least twelve months from when the original financial statements were
authorised for issue.
Our responsibilities and the responsibilities of the trustees with TespECt to going concern a￿ described in the
relevant sections of this report.
Other InformatloTh
The trustees are responsible for the other information. The other infOrMat￿n cornpri5es the rnforrnation
included in the annual report. other than the financial statements and our auditorf5 report thereon. Our
opinion on the finanoal statements doe5 not cover the other information and, except to the extent otherwise
explicidy stated in our report. we do not express any form of assurante conelusion thereon.
Page 5

The Richard Stoker Trust
Independent Auditor's Report to the Members of The Richard Stoker Trust (continued)
In connettion with our audit of the financial statements, our responsibility is to read the other information
and. in doing so. consider whether the other information is materially intonsistent with the financial
statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements. we are required to determine
whether there is 3 material mi5Statement in the finanoal ststements or a material misstatement ol the other
information. If. based on the work we have performed, we conclude that there is a material misstatement of
thi5 Other information, we are required to report that facL
We have nothing to report in thi5 regard.
Matter5 on whlch we are requlred to report by exceptlon
In the light of our knowledge and LJnder5tandin8 of the charity ènd its envirtsnment obtalned in the course of
the audi¢ we have not identified material rnisstatements in the trustees report.
We have nothing to report in respert of the following matters where the Charities (Accounts and Report)
Regulation5 2008 requires us to report to you if, in our opinion..
adequate accountin6 records have ngt been kept, or return5 adequate for ou1 3udit have nct been received
from branches not visited by us,. or
the financi315tatements are not in a8reement with the accountin8 records and return5.' or
certain flisclosures of trusteès remuNetytion specified by law are not made; or
we have not recelved all the Information and explanatlons we require for our audlt.
Responsibilitiès of trustees
As explained more fully in the Statement of Trustee5' Respon5ibilitie515et out on page 31, the trustees are
responsible for the preparation of the finanaal ststements and for being satisfied that they give 3 true and fair
view, and forsuch intemal control as the trustees determine is neeessary ta enable the preparation of financial
Statements that are f￿e from material rnisstatement. whether ijue to frèud or error.
In preparing the financial statements. the trustees are responsible for assessing the charity's ability to continue
as a going concem, disc105in& as applicable. matters related to going concern and using the going contern
basis of accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no
realistit alternative but to do so.
Audltor RespDnslbiliti*S for th* audit of the finantial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement. whether due to fraud or error, and to issue an auditorfs report that indudes our
opinign. Re3stsnable assur3nce is a high level of assurance, but is not a guarnntee that an audit conducted in
accordance with ISAS IUKI wlll always detect a material misstatement when it exists. Misstatements can arfse
from fraud or error and are considered material if. individually or in the awegate, they could Teason3bly be
expected to influence the economic decisions of users tsken on the b8sts of these financial statements.
The extent to whlch our procedures are capablè of detecting irregularities, including fraud is detalled below-
A further desuiption of our responsibilities is available on the Financial Reportin8 Council's website at:
www.Irc.or8.uk/auditorsresponsibilities. This description forms p3rt of our auditorfs reptsrt.
Page 6

The Richard Stoker Trust
Independent Auditor's Report to the Members of The Rlchard Stoker Trust Icontlnuedl
Use of our rèport
This report is made soldy to the charity trustees, as a body, in accordance with section 144 of the Charities Act
2011 and re8ulations made under sectiC*n 154 of that Act. Our audit work has been undertaken 50 that we
mi8ht State to the trustees those matters we are required to state to trustees in an auditors, report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the charity and its trustees as a bodyj for our audit w¢rL for thi5 report or for the opinions we
have formed.
Timothy Sullivan Isenlor Statutory Auditor)
Forand on behalf of Field Sullivan ￿rnited. statutory Auditor
Fleld Sullivan Limited
9 Hare & Billet Rgad
Blackheath
London
SE3 IIRB
Date..
Field Sullivan Llmited is eli8ible for appointment as auditor of the charity by virtue of its eligibility for
appointment as auditor of a company under section 1212 of the Cornpanies Act 2006.
Page 7

Thè Wthatd StokerTrust
St*emtnt of Flnantlal oth￿￿$fOrth•year Endod 31 March 2025
Toill
Lbto$tr￿eO
No*
rom•and ￿d0￿m￿￿tror0.'
1.6162
15.512
56
L6162fy)
1.000
IA￿0
IDve51mefit￿corn
berirfome
Total￿(0￿@
4631,7E8
1,631,768
tha￿EatI￿tie5
(9￿0)
Totslewdthre
5th)
Nettwment iAfvnth
L622,168
I.$￿.168
5QO
Tolallund5 broughtforw4r¢
1.650
4.150
13
L525J18
Alof thor￿rat¥* 1¢t￿ltieS0*Y￿fT[ynC0nti￿uin10p￿rb￿Sdknrswthelt￿tv￿pèrtyy
The I￿￿$bl¥kdOWn1ty1024Is5hOVTh innDto 13.
Themteson Pa615 Ilto 15form inSniÉvJlp•rtofthesefinAnai15tstEments.

The Richard Stoker Trust
{Registration number: 11987661
Balance Sheet as at 31 March 2025
2025
2024
r4ote
Current assets
Debto
io
575,000
1,055,418
Cash at bank and in hand
li
4.650
1,630,418
4,650
Credltors: Amounis falllng due within one year
12
13,6001
Net a￿ts
1,626,818
4,650
Funds of the charlty:
Unrestricted Income funds
Un￿striCted funds
1,626,818
4,650
Totsl funds
13
1,626,818
4,650
ncal statement5 on pages 8 to 15 wère approved by the trustees, and authorised for issue on
and signed on their behalf by..
Mark Braund
Trustee
The note5 on pa8es 11 to IS form an inte8ral part of these financial statements.
PaÉe 9

The Richard Stoker Trust
Cash Flow Statement for the Year Ended 31 March 2025
2025
2024
Note
Cash flows from operatln8 aCtI￿lIeS
Net cash income
L622,168
500
Adjustrn•n15 to cash flows from noTrcash Items
Investment income
115.5121
I.6(￿.656
500
Working capiial adlustmertts
I￿￿ease in debtois
io
1575,Cx)01
Increase in t￿dItorS
12
Net cash flows from operating artivities
1,035,256
500
Cash flows from imie#inq activities
Interest received
15,512
Net increase in cash and cash equivalents
I,OSO,768
500
Cash and tash equivalents at l April
4,650
4,150
Cash and cash equivalents at 31 March
1,055,418
4,650
All of the cash flow5 are derived from continuing operation5 during the above two periods.
The notes on page$ 11 to 15 fomi an integral part of these financial statements.
Page 10

The Richard Stoker Trust
Notes to the Financial Statements for the Year Ended 31 March 2025
I Charity status
The charity is domtciled in England and Wales.
The address of its registered office is..
48 Brandrarn Road
London
SE13 5RT
2 Accountlng policies
Statement of compliantè
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
ststement of Retomrnendèd Practice applicable to charities preparing their accounts in accordance wth the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeetive l January 20191-
Icharities SORP IFRS 1021 Se¢ond edition October 20191, the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 1021. They also comply with the Cornpanies Act 2006 and Charitie5 Act 2011.
Basls of prèparation
The Richard Stoker Trust meet$ the defjnition of a public benefit entity under FRS 102. The accounts Ifinantial
statements) have been prepared under the historical cost convention with items ￿tognISed at tost or
transactyon value unless otherwise stated in the relevant notelsl to these attounts.
Going concern
The trustees consider that there are no material uncertalnties about the tharity's ability to continue as a going
concem.
Judgèments and key sources of estimation ￿n￿rtsInty
In the application of the charivs accounting policies, the trustees a￿ requI￿d to make judgements. estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results rnay differ from these estimates.
The estimates and undeAying assumptions are rwiewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period5 in which the estimate ￿ ￿ViSed where revisions affects only that
period. or in the period of the revision and future periods where the revisions afferts both current and future
pèriods.
Income and endowments
Voluntary income including donations, gifts, le8acies and grants that provide core fundin8 or a￿ of a general
nature is recognised when the charity has ent•￿eMent to the income, it is probable that the income will bè
reeeived and the amount can be measured with sufficient reliability.
Page 11

The Richard Stoker Trust
Notes to the Financial Statements lor the Year Ended 31 March 2025 Icontinued)
Donotions ¢7nd legucie5
Don3tions and legacies are recoBni5ed on a receivable basis when receipt is probable and the amount ean be
reliably measured.
Investment Income
Interest income, Including income arisin8 from finance leases and other financTal Instruments, is recognised
using the effective interest method.
Expenditure
All expenditure is reco8ni5ed once there is a legal or constructive obligation to that expenditure. it 15 probzble
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that ag8re8ate similar costs to that category. Where costs cannot be directly attributed to
partitular headings they have been allocated on a basis consistent with the use of re50urce5, Wlth tentr31 staff
costs allocated on the basis of time spenL and depreciation charges allocated on the portion of the a5seVs use.
Other support costs are allocated based on the spread of staff costs.
Churitoble activit￿$
Charitable expenditure ctsmprises those costs incurred by the charity in the delivery of its actiwties and
services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those
costs of an indirect nature necessary to support them.
Support costs
These include the Costs attributsble to the charl￿S compliance with conSti￿tional and statutory
requirements, indudin8 audiL strategic management and trustees meeting5 and rèimbursed expènsès.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Financè Aet 2010 and
therefore it meets the definition of a charitsble company for UK corporation tsx purposes. Accordingly, the
charity is potentially exempt from taxation in respert of income or capital gains rectived within categories
covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 Dr Sect¢on 256 01 the faxation of Chargeablè
Gains Art 1992, tothe extpnt that such income or 8ains are applied exclusively to charitable purp95eS.
Cash and cash èqulvalents
Cash and cash equivalents comprise ta$h on hand and call deposits, and other short-term hi8hfy liquid
investrnents that are readily convertible to a known amount of cash and are subject to an Insignificant rlsk of
hanse in value.
Fund 5trurture
Unrestricted income funds are general funds that are avallable for use at the trustEes discretlon in furtherance
of the objertives of the charity.
Page 12

The Richard Stoker Trurt
Notes to the Flnanclal Statements for the Year Ended 31 March 2025 (continued)
3 Income from dofiation$ and legacies
Unrestricted
funds
General
Totsl
2025
Totsl
2024
Donations and legacies,.
Donations from indiwduals
1.200
1,615,(X)O
L2CwJ
1,615,000
I,oc
Legacies
1.616.200
1.616,200
4 Investment Incorne
Unrèstricted
fund5
General
Total
2025
Interest r￿eNable and similar income-
Interest receivable on bank deposits
15,512
15,512
5 Other Income
Unrestrlcled
funds
General
Totsl
2025
Royalties
56
56
6 Expenditure on tharltable actlvltles
Unrestricted
funds
General
Totsl
2025
Total
2024
Note
Independent examinerfs fee
Consultsncv
Grant funding of actlvittes
3.600
6.000
3,600
6,000
500
9.600
9.600
500
Page 13

The Richard Stokef Trust
Notes to the Financial Statements forthe Year Ended 31 March 2025 (continued)
7 Trustees rernuneration and expense5
During the year the charity made the following transathions with trustees:
Mark Braund
Durin8 the year, Mark transferred £1,040,CQO of Legacies to the trust, whith was received personally by him
from the Estate of Dr Stoker.
No tmstees, nor any persons tonnécted with them. have received any remuneration from the charity during
the ye3r.
Nts trusteès have reteived any reimbursed eKpensès or any other benefits from the charity during the year.
Related party transartlons
Thère were no related party transactions in the year, otherthan those with trustees referred to in note 7.
9 TaxatÈon
The charity is 3 registered charity and is therefore exempt from taxation.
10 DebtOTS
2025
Aetruèd income
575,LNX)
11 Cash and cash equi¥alents
2025
2024
Cash at bank
1.055.418
4,650
12 Creditors- amtyjnts falling due within one year
2025
Accruals
3.6fyJ
Pa8e 14

The Richard Stoker Trust
Notes to the Financial Statements for the Year Ended 31 March 2025 {contlnued)
13 Funds
Balance at I
ApEII 2024
Incorninu
resources
Resources
expended
Balance at 31
March 2025
Unrtstrlrted funds
General
4.650
1,631,768
19.6001
1,626,818
ealan¢e at I
AprS12023
Incomlng
resourtss
Rèsourtes
expended
Balance at 31
March 2024
Unrestrirted funds
General
4.150
1SiXII
4.650
14 Analysls ot net assets between funds
Vnrestri¢ted
funds
General
Total fundsat
31 March
2025
Current assets
L630,418
13,6001
1,630,418
13.6001
Total net assets
1,626,818
1,626,818
Unrestrlcted
funds
General
Total funds at
31 March
2024
Current assets
4,650
4,650
Pège 15