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2025-03-31-accounts

Charity Commission

Charity Commission Annual Return 2025

TOM FUREY MEMORIAL TRUST

Charity registration number: 1202337

Most of the information you give in this form will become publicly available on the Register of Charities. Any field that the Charity Commission will not display will be clearly marked. This document is a record of the information provided in the Annual Return 2025.

Financial period

Financial period start date

01/04/2024

Financial period end date

31/03/2025

Income and spending

Income £

£20,834

Spending £

£13,752

Number of contracts from government

How many contracts (other than grant agreements) did your charity receive from central government or a local authority during the financial period for this return?

0

Number of grants from government

How many grants did your charity receive from central government or a local authority during the financial period for this return?

0

Income breakdown

Donations and legacies (excluding Endowments Received)

£16,782

Charitable activities

£0

Other trading activities

£4,010

Investments

£41

Other

£1

Grantmaking

Is grant making the main way your charity carries out its purposes?

Yes

Recipients of grants

Please round all figures to the nearest pound (do not enter decimal points or commas).Individuals

£6,229

Other charities

£0

Other organisations that are not charities

£0

Grant recipients related parties

Are any of the grant recipients related parties to the charity?

No

Trustee payments

Excluding out of pocket expenses, for what were any of the trustees paid during the financial period for this return?

⊠ c. Paid for providing goods and/or services to the charity or any of its trading subsidiaries or connected organisations

Did any of the trustees resign and take up employment with your charity in the financial period of this return?

No

Income from outside the UK

Did your charity receive income from outside of the United Kingdom in the financial period of this return?

No

Delivering activities outside the United Kingdom

Did your charity deliver charitable activities outside of the United Kingdom in the financial period of this return?

No

Spending outside of the United Kingdom

Did your charity spend funds outside of the United Kingdom in the financial period of this return?

No

Trading subsidiaries

Does the charity have any trading subsidiaries?

No

Employment contract types

People were permanently employed by your charity

0

People were on fixed-terms contracts with your charity

0

Self-employed people were working for your charity

1

Total overseas employees

How many of the people above work on behalf of your charity outside of the United Kingdom?

0

Total employee payroll

What was the total amount spent on employee payroll during the financial period relating to this return?

£0

Employees' salaries

Did any of your charity's employees receive total employment benefits of £60,000 or more in the financial period of this annual return?

No

Governance policies

Internal charity financial controls policy and procedures

Yes

Safeguarding policy and procedures

No

Financial reserves policy and procedures

No No

Complaints policy and procedures

Serious incident reporting policy and procedures

No

Internal risk management policy and procedures

No

Trustee expenses policy and procedures

Yes

Trustee conflicts of interest policy and procedures

Yes

Investing charity funds policy and procedures

No

Campaigns and political activity policy and procedures

No

Bullying and harassment policy and procedures

No

Social media policy and procedures

No

Engaging external speakers at charity events policy and procedures

No

External risk and impact

Donations,

Unknown

Other income - grants

Unknown

Other income - contracts

Unknown

Other income - investment

Unknown

Expenditure on charitable activities

Unknown

Expenditure on overheads

Unknown

Number of volunteers

Unknown

Number of employees

Unknown

Number of trustees

Unknown

Fundraising activities

Unknown

Capacity to deliver services

Unknown

Total service demand

Unknown

Volunteers

Excluding trustees, provide an estimate of the number of volunteers who carried out charitable activities on behalf of your charity in the United Kingdom during the financial period of this return?

15

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Declaration

Your role at the charity (select one):

⊠Other
Given names Ellen
Family name Stantschew
Telephone 017683 71272
number
Email kirkby@stb-accountants.co.uk
Date submitted 29/01/2026

It is a criminal offence under section 60 of the Charities Act 2011 for anyone to knowingly or recklessly provide false or misleading information to the commission; this includes suppressing, concealing or destroying documents.

Charfty reglstrnfjon number: 1202337 Tom Furey Memorial Trust CIO Annu81 Report and Fin8n(xal Statem8nts for the Year Ended 31 March 2025

Tom Furey Memorlal Tntst CIO Contents (continued) Reference and Admlnlstratlve Detslls Trusiees. Report 2to5 Statwnent of Financial Actiyilres Balance Sheet Notes to the Ftnanoal Slaterne 9t014

Tom Furey Memorial Trust CIO Reference and Admlnistrative Detalls Charlty Registration Number 1202337 Principal Offlce 9 TaTry4wlch Mynydd Llandegai Gwynedd LL57 4DX Stables Thompson & Briscoe Llmit charter￿ Accountsnts & Statutory Audltor Unit 27, Cumbedand House Kirkby Stephen Buslness Park St Lukè's Road Kirkby Stephen Cumbria CA17 4Kr Accountsnts Paoe 1

Tom Furey Memorial Trust CIO Trustees. Report The ITustees present the anr)ual rewt together with the financial ststements of the charity lor the year ended 31 March 2025. Objecoves and acilvlll8s General Charitable Purposes The ol¥'ective of the charity, whith is I￿StIl￿ed as a Ch81it8ble Inc{w￿ OrganlsatK)n (CIO), Is In summary Yhe advancement of education arKI training. for the wblic ￿neffi1. in tho skills necessary for Safe walking and mountalneerlng. In partlcular but not exduslvely through the provlslon of grants to those experienclng finanaal hardship to enable them to access training in walking and mountaineering that they coukl Th)t oiheThth afford.. The maln charftable purpose of improvlng access to aducatkm and tralnlng relovani ￿ safa mountalneering, hillwalking dSmlMng lo the general publ1¢ has bgen athleved by awardlng of gr¥nls lo people experienang financi81 hardship to enable aoxss to training courses or by facllitating subsldlsed work8hops spacos. Oblecllves and activi1Ses The Trust alms to enable all to access ts mountsin environment safely. It recogn1￿ that not verybody is fortunate enough to have a background or famlly history of mounlalneerlw exp8rlence, and equolly Ihat nol all can afford kn fund educ81ion81 a>ur5es to bridge this kDtr•ledge gap. The cor• alm of the Trust to break dcr•m th18 banior and make ttw outdoor8 accmslblo to all. PuWkb8na Who the charfty helps: The General Publlc, spedfically experfe￿Ing flnandal dlffi¢uty, through Ivs fundrnl8lno acllvhy. tho wlder public 8180 benoffts. How thè tharlty hdp$: Awards grant fundlng lo INllvlduals spgcos on workstw and cowg89 whlchll facllllates. The trustees confimi that they have complled with the requlrements of secilon 17 of the Charfd88 Act 2011 to have due regard to tho wblic b8n8fft guidance publistr￿d by the Charity Comrnisslon for England arml Wales. The Chaws govemance Is based Fs ¢ondu(led by t#)ard of trustees. In the 202425 ye8r. the Tom Fwoy Memorial Trust conilnued to create a sustalnable and functlonal charity. The trustees feel as tIMwh thls has settled Into a stable and functlonal organlsation whl¢h Is now effectlvety perfomiing irs Core aims. The second Furey Festival evenl was a Success. as was the r￿jnd of fundlng released In Oecembw 2024- this totsled over £7000 awanled. Flnanclal r8vlw• The Trust Ferfomed wdl finan¢Kqlly in this yoar, with a healthy Income, as well as a slgnlficant sum 8ward•d In orants. The Trt￿t bs in a stsbl8 posSlMM financially. Page 2

Tom Furey Memorial Trust CIO Trustees. Report (conllnued) The trust does not have a speafic amount it wishes to keep in r8$8Ne. itrwh it is generally Iniended that there should 81w8ys b8 enough to a)ver the cost of ck)sing the chaiity, should il be needed. and Ideally also er￿gh to tsalrtate on8 final rourMJ of fundirwJ in lh8 event of charity ce89ing to operate. Plans for fulur8 P8r￿d8 To conllnue to deliver further Fundrak%ing F88livals. To ¢ontlnue to award at least Me rnurKI of grant fundlNd par year, Idealty more. and Ideally Incr88slng In value. To Improve Ihe onllrn presen￿ of the TnML To cement operatkml arvj worklng praclices and $ystm to alow tha Trust to more effld8nty. To explore other avenues of fundralsiThJ. Truste￿ and officern The tru8lees and offlcern seNlng durtryj yoai aNI slnce the year end wern a8 foilows: Trustees: Mr D L8né Mr B Willlams Mr P Stollary Mr T C8rrfck Mr M Grlffiths lappLNnled 6 July 2024) Mr G James (appolnw 6 July 2024) structurn, govornanco and manageTh￿t N8￿rn ofgovmilng The charfty is controlled by Its govemiThJ docum8nL a deed of trust constltutos an unin(x)rporatod charty. Apart from the first charity trustees. every trustee must ￿ appcinted a tsrm of threo years by a resolution passed al a property convened meetlng of the charity trustees. In seledng individuals for appolnlmeni as chaty trustees. the charity trustees must have regard to the skills, kThJwledge experience for tho dlecllve adnMnlStra￿0n ofthe CIO. The Tom Furey Memorlal Trust agrees to p8y Mr D Lane for hEs services effecllve as of 1sl January 2025. A senil¢8 agreement Is in place and will termlnale on 31st December 2025. at whkh point il will be eligible for reviww and lenewal as sults both pwlies. Page 3

Tom Furey Memori81 Trust CIO Trustees. Report (contAnued) R1skManagen￿nft The INstees have a duty to identy and revlv the rfsks to whkh the charity is exposed and to ensure 8pprq)rlate controls are in place lo wovid8 reasonable assurance against fraud and orror. Flnandal In8trumen18 The ch8dty'S aclNhles exwtse It to a nunber of flnanclgl rlsks Inc￿dIng cash risk and1Squld rlsk.The chadty does not us8 dorfvail4 fin8nri81 Instruments. The Charlty's aclmtles do not expose11 to the finandal rfsks of d￿r￿s In forelgn currry exchangVI rat8s and Ilquldlty rl8k. Cr6dttrfsk The charftys prfndpal financS41 assets Jr• bank balances aNI cash, trade and other recolvobles, and Investments. The credSt rfsk on Ilquld fuThls Is Ilmlted because tho counterpfirtles are banks wlth hlgh crodlt4aUngs 8851gned by intemational credlt4allrvJ agend8S.

Tom Furey Memorial Trust CIO Trustees, Report (continued) Statem8nt of Trusteo8' Rospon81blltdes The tnjstees ere Tesponsible for praparfng the tnjslees, report and the financi81 ststements In accordance wlth tha United Klngdom Accounllng Standards (Untted Klngdom Generally Accapted A¢countlng Pracllc8) and applicable law and regulatlon$. The law appllc8ble to ch8ritles requlres the Irusiees lo prepare fln8nd81 slalements for each flnendal year which glve a true and falr vlew of the stsle of affalrs of the charlty and of the Incoming resources and applicallon of resourcés of the charfty for that perlod. In preparfng these finandal statements. Ihe tru8teos ar8 requlred to.. 8el8rt sullable aCcoUn￿ng pollde$ and than apply Ihem con8lstenlty' obseTh8 tho molhods and pdnclples In the Chedlles SORP: make ludgements and estlmate5 that are reasonable and prudent; Stsle whether appllc8ble accountlng standards have been followed. sublect to any matedal départures dlsclosed and explalned In the fflnancial slalements; and preparo the ftnancl818latements on th8 golng (xmcfjm basts unlea811 Is Inapproprlats to presume that tho charlty wlll conllnue In buslness. Tha trustè88 are responsible lor keeplng proper accounllng record8 that dlsdose wlih reasonable accuracy at any tlme the flnanclal posltlon ol the charlty and enabl• them to ensure thal the flnanclal statements comply wlth th& Charltles Acl 2011, tho Charfiles {Accounts and Reports) Regulallons 2008, and tho provlslons of the constllutlon. The trustees aro 8180 r8$ponslble for safeguarding Ihe assets of the charlty and honce for taklng reasonable steps for Ihe preventlon and datectlon of freud and olher Irregularltles. The twstees 8r8 ré8pon81ble for the m8lntenanc8 and Integrfty of the corporate and financlal Infomiallon Included on the th8rlt8ble company'$ website. Leglslatlon governlng the preparallon 8nd dl88emln8tlon of flnanclal 8totem8nts may dlffer from leglsl8llon In oth8rJurlsdlcllon8. The annual report was approved by the trustees of the chadty on 27 January 2026 and slgnod on Its behalf by: ai(ÉD UAALY ONEDIECURELY 27/01/2026 27JDIQOX•i I'.21..￿pIlljT¢ 271¢1A011•14al'.11 PIIUT¢ Mr D Lane Trustse Page 5

Chartered Accountsnts. Report to the Trustees on the Preparatlon of the Unaudited Ststutory Accounts of Tom Furey Memori81 Trust CIO for the Year Ended 31 March 2025 In order io asslst you lo fuffil your dulles under the C(YnpgrMes Acl 21X)6. we have rKep8red for your approval ihe accounts of Tom Furey Memorial Trust CIO the year endad 31 Marth 2025 as sèt o on pages 7 to 14 Irom the compBnVs acCo￿￿￿j r￿(￿d$ and fr(m Infonnatlon and explanations you h8ve given us. As a practtsing member ofthe Instibjte of Chartered Ac£ountants In England and Wa* IICAEW) we a￿ subject to its ethlcal and otrw professional reqU￿ents whth are d8talled at http.'Ilw•pw.icaeW.¢))r￿l8nI member￿re0uIa￿￿w$tynd￿TdS-a￿UIda￿￿. This r8P¢Jrt is made solely to the board of directors of Tom Furey Memorial Trust CIO, as a t￿y, in accordance with the terms of our engagement18tter. Our work has been undertaken solely lo prepare for your approval ts financial ststements ofTom Furey Memorlal Tfusi CIO and state th058 matte that we have agreed to slate to the board of directors of Tom Furey MeTh)rlal Tru8t CIO. 89 8 body, In Ihi8 report, In accordar￿ wtth ICAEW Tethnkal Release4 07116 AAF. To tho fullo8t exlent pernltted by18w. wo do nol accepl or assumo responslbilty lo anyone Ott￿ than Tom Fwey Memorlal Trust CIO and Its board of dlr8CtOfS as a for our work or for this report. 11 Is your duty to en8ure that Tom Furey Memorial Trust CIO has kept adequate accountlng re(fjrd8 and to wepare ststutory accounts that glve a true and fair view of th8 ass8t8. liablllties. financial position and of Tom Furey Memorlal Twst CIO. You c(mslder troi Tom Furey Memorlal TnMI CIO Is exampt Irom the sl8tutory audit requlrement for tho year. We have not been Instructed to cary ¢xrt W 8wllt or a review d the accounts of Tom Furay Memorfal Trust CIO. For th1$ reason. we have not verified the accuracy ￿ cornpleieness of the accountlng record$ or infomation and expl8nallon$ you have gNon ty us a￿1 we do nol, therelore. express any oplnion on the 8taiutory acctyjnts. St8bies Thompson & 8rls(x)e Limlted Chartered Accountants & Stoluw Aud6tor Unrt 27, Cumberfand House Klrkby Stephen Bwlness Park Si Luke's Road Klrkby Stephen Cumbria CA17 4HT 27 January 202e Page 6

Tom Furey meM￿la1 Trust CIO Statement of Financial Artlvhles for the Year Ended 31 Marth 2025 Total 2025 funds Incorne and Endowmenis from: Donaiions and legacies Other tradlng activities Inveslment income Other income 16.782 4.010 41 16,782 4.010 41 Totsl Expendlture on: Rai$ing fvnds Charttable activilies (4,490) 14.490) Tobl expendilure 13,752 13,752 Net inc4)me 7.082 7.082 Net movement in fvnds 7,082 7,082 Reconciltation of funds Total funds brought forvrard Total carried fijrward 16.280 16.280 12 23.362 Unrestrithd funds Total 2024 Income and Endowmenls from: Donations and bJaoes Other trading aCtivit￿S Other income 18,584 3,053 18,584 3,053 Totsl ino)me 21.638 Expenditure on: Raising funds Charilable a￿l￿ties 1900) 1900) Total expenditure Net income 5.358 16.280 16.280 Net movement In lunds 16.280 16.280 Rel￿nCIlIatiOn of funds Total funds carried forward 12 16.280 16,280 All of the chari￿5 activrbes derive from conthwing opwions duriThJ the above permjds. The fvrKls breakdo￿ for 2024 is sh(hYn in note 12. The notes on pages 9 to 14 f(Ym an integral part of these fin￿cial stateffnts. Page 7

Tom Furey Memorial Trust CIO (Registration number. 1202337) Balance Sheet as at 31 March 2025 2025 2024 Current assets Cash at bank and in hand 10 23.962 18.780 credIto￿ AmtyJnts falling due wilhin year Net assets 11 23.362 Funds of the charity: unrestrIc￿ In(x)me funds Unrestricted funds 23.362 Total funds 12 The financlal statements on pages 7 to 14 wwe approved ty the Intstees. and authorwl for issue on 27 January 2026 and signed on their behall by.. 27/01/2026 Mr D Lane Trustee The notes on pages 9 to 14 fomi an integrdl part of financial statements.

Tom Furey Memorial Trust CIO Notes to the Financial Statements for the Year Ended 31 March 2025 1 Accounting polldes Stalement of comp118nce The financial slatements have been prepared in accordance with the seccAKI edition of the Charities Statement of Recommended Practice issued In Ortober 2019, the Finanual Reporknng Stsndard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Chartlies Act 2011. Basls of preparallon Tom Furey Memorfal Trust CIO meets the definition of a wblic benefft enbty under FRS 102. The accounts {fin8ncial statements) have been prepa￿ under the hlstorical cosl convention with Items re¢ognised at cost or transaclion value ￿lesS othemse slated in Ihe relovant note(s) to these 8ccounrs. The finanaal ststements a￿ presenbj in sterling which is ts fvn(i￿nal currery of the chartty and rounded In the nearest £. Golng concem The trustees consider that there are no matsrial uncertainlies about tt)e ¢haiiVs abihty to contlnue as golng concwn. Income and endry￿nents Voluntary Incomé including dona1k￿. grfts. Tegacies and grants that provide core funding or are of general nature is recognised when the charity has entruement to the in￿rne, it is probable that the Income ryll be received and the amount C8n be ryasuted with sufficient reli8bllty. Dividends are Tecognised On￿ the dividend has been declared and notification has been recelved of the dividend due. Expenditure All expendilure Is recognised 0￿e th&E is a legal or constructive obligation to that expenditure, it is probable settlement Is requlred and lh8 amunt be measU￿d retiably. All Costs are allocated to the applicable expendI￿re heading that aggregate simik2r costs to thai calegory. whe￿ costs cannot be directly attributed io parDcular headings they have been allcKated on a basis o)nsistent with the use of resources. with ￿ltra[ stsff cnsts allctsièd on the basis of lime spenL and depreaation charges allocated on the p)rtion of the assefs u$8. Ralslng fvnds These are costs irKurred in attracting voluntsry wKA)me. the managemwtt of investments and those incurred in trading athilies tt￿1 raise lund5. Charitable expenditure ¢omprises those costs incurred by the charity in the delÉvery of its adivilies and services lor its benefiaaries. It Indud•s both costs thal can be allocated direclly to suth activities and those ¢osts of an indirect naiurE necessary to support them.

Tom Furey Memorial Trust CIO Notes to the Finandal stsiements for the Year Ended 31 March 2025 (contlnued) Govemance costs These Include the costs attrlbutable lo the ch8rity8 wmpliance wlth constllutlon81 and statulory requirements, Indudlng audll, strateglc management and trustees meetlngs and relmbursed exp8nsa$. Taxatlon The chadty 1$ exempt from tax on Its charftable acllvltles. C88h and cash equbvalent8 Cash and cash equlvalents comprlse cesh on hand and call deposlts. and olher short-lerm highty Ilquid investments that are r88dlly ￿nVertIble lo a known amount of cash and are subject to an Inslgnbfic8nt rbsk of ch8nge in value. Fund struciure Unreslrlcted Income fvnds are oeneral lunds that are avallable for uso at the trustees dlscretlon In further8nce of the oblectives of the charlty. 2 Income from donatlon8 and legacleg Unra8trlcted funds General Total fvnds Regular glvlng and capltal don8Uons Total for perfod ended 31 Marth 2025 Total for porfod onded 31 March 2024 3 In1￿me from other tradlng acllvltles Unrestrlct6d fund8 Gèneral Total funds Events income., Other events Income Totsl for porlod ended 31 Marth 2025 Totsl for perlod ended 31 March 2024 Page 10

Tom Furey Memorial Tiust CIO Notes to the Financial Ststements for the Year Ended 31 March 2025 (continued) 4 Investment Income Unte8trlthd funds Genernl Total funds Interest recefvab18 and 3imllar Income: Intoresl recelv8ble on bank deposils Totsl for perlod ended 31 March 2025 41 41 41 41 5 Expendltsjre on rn18lng funds a) Costs of gonerallng don4llon8 and legada8 lund8 Goner•l Total lund8 Oihgr dlrect costs ofgenerailng ¥dunt8ry Sncom• Totsl for porlod endod 31 Malch 2025 b) Costs of lrndlng acllvlllo8 Unwestrtthd fund8 Gonornl Total fund8 Goods for resale Totsl for perlod ended 31 Ma￿h 2025 Tolal for perfod ended 31 March 2024 900 6 Expendlture on tharttablo aclfvllfes Totsl nds To aw8rd grant funding for edu(*ion and traini Govemance costs 6,229 6,229 Total for perlod ended 31 March 2025 Tolal for period ended 31 Mwch 2024 9,262 Page 11

Tom Furey Memorial Trnst CIO Notes to the Financial Stslements for the Year Ended 31 March 2025 (continued) 7 Analy81s of govorn8iKe and supwl costs Gov8m8nce costs Unrestrlctad fvnds GeneAI Total funds Trustees remuneratlon Other govemance costs Totsl for perlod end￿1 31 2025 Totsl for perlod ended 31 March 2024 2.725 8 Tru8teo8 remunoratlon and expon8 Durlng the year the charlty made follry*Ang transg¢1￿ wllh trustees: £381 (2024.. £61 } of r•lmburs•d to during tho year. The above Irusiees exper40s h8¥8 been alkxxled to an IrKlIV￿oI trusieo. Mr D Lane Mr D L8ne rec¢lved reMunera1k￿ of £308 (2024: £NM) and £199 (2024: £NII} of expenses were relmbursed to Mr D Lane duflw th• yMr. Mr P Stollery £379 {2024: £NII) of expen88s were rglmburs8d to Mr P Stollory durlThJ ￿ year. Mr M Grlfflths £160 {2024: £Nil) of expenses were relmbursed to Mr M Grlffits durlTrJ the year. All trustees exper￿ reble lo travd and subsisterth. No trustees hav6 [eceIv￿ any other beneffts from the dwrlty durlng the year. P8ge 12

Tom Furey Memorial Trust CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 9 Taxailon The ch8rity15 8 r8gisiered charity and Is Iherefore exempl from tsxation. 10 Cash and cash equlvalents 2025 2024 Cash at bank Short4erm deposlts 3,011 16,780 11 Credltsrs: amounts falllng due wlthln on8 yéar 2025 2024 Accruals 600 500 12 Fund8 Balance at 1 Aprll 2024 Incomlng Re80uree8 expended Balanee at 31 March 2025 Unrestrlcted fund8 Genernl Incomlng resources Resources expended Balance 8¢ 31 March 2024 Unr88tr1cted fund• General 13 Anatysls of net 8880ts b8lwe8n funds Unre8trlctad funds Genernl Total fvnds at 31 March 2025 Current assets Current liabilltles 23,962 600 23.962 600 Total net assels Page 13

Tom Furey Memorial Trust CIO Notes to the Finandal Statements for the Year Ended 31 March 2025 (coniinued) Unrestslcbj Totsl funds at 31 March 2024 Current assets Cuffent Ilablllltes 16.780 16.780 500 Total net assets 14 Related paty tronsathon8 There were no relaiod party tr8nsactlons In the year. Page 14