## **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 

## **Privacy statement** 

**Any information you give us will be held securely and processed only in accordance with the rule on data protection. We will not disclose your personal details to anyone unconnected to the Charity Commission unless:** 

- **you have consented to their release; or** 

- **we are legally obliged to disclose them; or** 

- **we regard disclosure as either (a) necessary so that we can properly carry out our statutory functions or (b) necessary in the public interest.** 

**We may share and disclose information about you with relevant public authorities, regulatory bodies and agencies, outside the Charity Commission but only if:** 

- **we can lawfully do so; and** 

- **we decide that disclosure is necessary for national security, crime detection, prevention, and law enforcement, or other issues in the public interest** 

**Information we collect about you** 

**We will use this information:** 

**To enable us to carry out our statutory functions and duties;** 

**This will include the following actions:** 



## **(a) update, consolidate, and improve the accuracy of our records;** 

- **(b) undertake crime detection and prevention and law enforcement and assist the third parties specified above to investigate or prevent crime and carry out law enforcement;** 

**(c) data analysis, testing, research, statistical and survey purposes** 

**Information we receive from other sources.** 

**Information we receive from other sources** 

**We may combine this information with information you give to us and information we collect about you.** 

**We may use this information and the combined information for the purposes set out above (depending on the types of information we receive).** 

**We will ensure that any such disclosure and use is proportionate; considers your right to respect for your private life; and is done fairly and lawfully in accordance with the data protection principles of the Data Protection Act.** 

**The Data Protection Act 1998 regulates the use of 'personal data', which is essentially any information, however stored, about identifiable living individuals.** 

**As a 'data controller' under the Act, the Charity Commission must comply with it. Any changes we may make to our privacy statement in the future will be set out in the replacement version of this form.** 

**Please check back frequently to see any updates or changes to our privacy policy.** 

## **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 opw*ions 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 stateff*nts.
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 ry*asuted 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