Charity Registration No. 1203290
EVE PETTINGER AWARD TRUST
REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
THE EVE PETTINGER AWARD TRUST
CONTENTS
| Legal and Administrative Information | 1 |
|---|---|
| Trustees’ Report | 2 |
| Independent Examiner’s Report | 5 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 |
THE EVE PETTINGER AWARD TRUST LEGAL AND ADMINISTRATIVE INFORMATION
Trustees M A Hewitt (resigned 30[th] April 2025) J R Mitchell E P Pillinger J M Harper M R Taylor (resigned 19[th] March 2025) D J Clark (appointed 30[th] April 2025) A E Odell (appointed 30[th] April 2025) Secretary S Robinson Charity number 1203290 Registration date 11[th] April 2022 Registered office Tring School Performing Arts Tring Park Tring HP23 5LX Independent examiner Michael Speight FCA The Pinnacle 160 Midsummer Boulevard Milton Keynes MK9 1FF Bankers Clydesdale Bank PLC (trading as Virgin Money) 30 St Vincent Place Glasgow G1 2HL
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THE EVE PETTINGER AWARD TRUST TRUSTEES’ REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
The Trustees present their report and financial statements for the period ended 31[st] August 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Trust Deed, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Objectives and activities
The Trustees first defray all the costs, charges and expenses of the Charity, which are properly payable out of income.
Subject to the payments above, the income of the Charity is applied by the Trustees in support of the Objects of the Charity, to provide for the advancement of education of students of Tring Park School who have entered the school for training in the art of dance.
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities and setting the awarding policy for the period.
Reserves policy
The policy of the Trustees is to distribute available unrestricted funds as awards. At 31[st] August 2025 the Trust had unrestricted funds of £159,441 (1[st] April 2024: £79,135) and expendable endowment funds of £2,732,090 (1[st] April 2024: £2,732,090). The expendable endowment of £2,732,090 was received from the settlor of the estate of Eve Pettinger. The Trustees must apply the income and, at their discretion all or part of the capital, of the Charity in furthering the objects.
Awards
The Trustees are mindful of ensuring that awards paid from the Trust are awarded to eligible students, based on criteria of both talent and financial need. Careful consideration is given to applicants.
The Trustees look forward to making awards to qualifying students in future years having regard to the regular income stream from the capital portfolio which is invested with consideration to longevity and future returns.
Achievements and performance
Review of transactions and financial position before awards
The gross income of the Trust for the period ended 31[st] August 2025 amounted to £148,039 (year ended 1[st] April 2024: £104,382), and awards to seven students totalling £63,961 were made in the period (year ended 1[st] April 2024: four students totalling £41,940).
The Trustees are satisfied that the balance sheet at 31[st] August 2025 discloses funds adequate to fulfil the obligations of the Charity.
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THE EVE PETTINGER AWARD TRUST TRUSTEES’ REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
Going concern
The trustees have considered the going concern concept and any associated material uncertainties, the basis of any significant judgements and the matters to consider when confirming the preparation of the financial statements on a going concern basis and the trustees are comfortable that there are not any adjustments required. The trustees expect the Charity to continue in operation for at least 12 months from the date of signing the financial statements.
Structure, governance and management
Scheme named 'The Eve Pettinger Award Trust'
The Charity, named 'The Eve Pettinger Award Trust', is registered with the Charity Commission under registered number 1203290 and is administered in accordance with the Trust Deed dated 11[th] April 2022 which was set up for the advancement of education of students of Tring Park School who have entered the school for training in the art of dance.
The current asset investments are held by Virgin Money.
The Trustees who served during the period and to the date of this report were:
M A Hewitt (resigned 30[th] April 2025)
J R Mitchell
E P Pillinger
J M Harper
M R Taylor (resigned 19[th] March 2025)
D J Clark (appointed 30[th] April 2025)
A E Odell (appointed 30[th] April 2025)
Trustees are appointed for a term of 3 years by a resolution of the Trustees passed at a special meeting. The Trustees seek to appoint Trustees with the appropriate breadth of experience necessary to meet the needs of the Trust.
The accounting period has been lengthened to end on 31[st] August 2025 to align with the year end of Tring Park School.
Plans for Future Periods
The Trustees are satisfied with the activities of the Charity in the financial period and continue to actively seek appropriate applications to whom to award the Charity's resources.
Risk Management
The Trustees have assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to mitigate exposure to those major risks.
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THE EVE PETTINGER AWARD TRUST TRUSTEES’ REPORT FOR THE PERIOD ENDED 31 AUGUST 2025
Statement of Trustees’ Responsibilities
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year.
In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees' report was approved by the Board of Trustees.
Eric Pillinger
Eric Pillinger (May 20, 2026 14:48:38 GMT+1)
E G Pillinger
Trustee Date: 20/05/2026
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
I report on the financial statements of The Eve Pettinger Award Trust for the period ended 31[st] August 2025, which are set out on pages 7 to 14.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the financial statements under section 145 of the 2011 Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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state whether particular matters have come to my attention.
This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body for my examination work, for this report, or for the statements I have made.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees 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 given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:
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accounting records were not kept in respect of The Eve Pettinger Award Trust in accordance with section 130 of the 2011 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Michael Speight (May 21, 2026 14:59:22 GMT+1) ~~Michael Speight~~
Michael Speight FCA The Pinnacle 160 Midsummer Boulevard Milton Keynes MK9 1FF
Date: 21/05/2026
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31[ST] AUGUST 2025
| Income from: Notes Investment income 3 Expenditure on: Charitable activities 4 Governance costs 5 Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted funds Endowment funds Total period ended 31 August 2025 Total year ended 1 April 2024 £ £ £ £ 148,039 - 148,039 104,382 (63,961) - (63,961) (41,940) (3,772) - (3,772) (4,650) |
|---|---|
| 80,306 - 80,306 57,792 |
|
| 79,135 2,732,090 2,811,225 2,753,433 |
|
| 159,441 2,732,090 2,891,531 2,811,225 |
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST
BALANCE SHEET AS AT 31[st] AUGUST 2025
| Notes Current assets Current asset investments 8 Cash at bank and in hand Debtors 9 Creditors: amounts falling due within one year 10 Net current assets Total assets less current liabilities Capital funds Expendable endowment funds 12 Income funds Unrestricted funds – undistributed income 11 |
2025 £ £ 2,500,000 382,195 12,876 2,895,071 (3,540) 2,891,531 2,891,531 2,732,090 159,441 2,891,531 |
2025 £ £ 2,500,000 382,195 12,876 2,895,071 (3,540) 2,891,531 2,891,531 2,732,090 159,441 2,891,531 |
2024 £ £ 2,445,389 367,918 30,309 2,843,616 (32,391) 2,811,225 2,811,225 2,732,090 79,135 2,811,225 |
2024 £ £ 2,445,389 367,918 30,309 2,843,616 (32,391) 2,811,225 2,811,225 2,732,090 79,135 2,811,225 |
|---|---|---|---|---|
| 2,895,071 (3,540) |
2,843,616 (32,391) |
|||
| 2,891,531 | 2,811,225 | |||
| 2,732,090 159,441 |
2,732,090 79,135 |
|||
| 2,891,531 | 2,811,225 |
The notes from pages 9 to 14 form part of the financial statements.
The financial statements were approved by the Trustees.
Eric Pillinger
Eric Pillinger (May 20, 2026 14:48:38 GMT+1)
E G Pillinger
Trustee Date: 20/05/2026
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] AUGUST 2025
1) Accounting policies
Charity information
The Eve Pettinger Award Trust is an unincorporated Charity registered with the Charity Commission for England and Wales. The address of the Charity's registered office is Tring School Performing Arts, Tring Park, Tring, HP23 5LX.
Accounting convention
The financial statements have been prepared in accordance with the Charity's trust deed, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Charity is a Public Benefit Entity as defined by FRS102.
The financial statements have been drawn up under the historical cost convention.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
Going concern
The trustees have considered going concern concept and any associated material uncertainties, the basis of any significant judgements and the matters to consider when confirming the preparation of the financial statements on a going concern basis and the trustees are comfortable that there are not any adjustments required. The trustees expect the Charity to continue in operation for at least 12 months from the date of signing the financial statements.
Charitable funds
The unrestricted funds represent unrestricted income which is expendable at the discretion of the Trustees in the furtherance of the objects of the Charity. The endowment funds represent expendable capital.
Incoming resources
All income is recognised in the Statement of Financial Activities when the conditions for receipt have been met, and there is probability of receipt. Where a claim for repayment of income tax has or will be made, such income is grossed up for the tax recoverable. The following accounting policies are applied to income:
Investment income
Investment income for the year is the amount receivable in the year.
Awards
Awards granted by the Charity are charged against income in the year in which they are committed to.
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] AUGUST 2025
1) Accounts policies (continued)
Charitable activities
Expenditure on charitable activities comprises expenditure directly relating to the objects of the Charity.
Governance costs
Governance costs relate to expenditure incurred on the Charity's organisational administration and compliance with constitutional and statutory requirements.
Current asset investments
Current asset investments include amounts held in term deposit accounts with maturities of greater than three but less than twelve months.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.
Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
Taxation
The Trust is a registered Charity and is exempt from income and corporation and capital gains tax provided its income and gains are applied for charitable purposes.
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] AUGUST 2025
2) Critical accounting estimates and judgements
In the application of the Charity's accounting policies, the Trustees are required 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 may differ from these estimates.
3) Investment income
| Interest income | Period ended 31 August 2025 Year ended 1 April 2024 £ £ 148,039 104,382 |
|---|---|
| 148,039 104,382 |
All interest income is unrestricted.
4) Charitable activities
| Awards granted | Period ended 31 August 2025 Year ended 1 April 2024 £ £ 63,961 41,940 |
|---|---|
| 63,961 41,940 |
Awards were granted to seven students in the period (2024: four students in the year). All expenditure on charitable activities was unrestricted.
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] AUGUST 2025
5) Governance costs
| overnance costs | |
|---|---|
| Independent examination and accounts preparation fee Insurance costs |
Period ended 31 August 2025 Year ended 1 April 2024 £ £ 3,540 4,650 232 - |
| 3,772 4,650 |
All expenditure on governance costs was unrestricted.
6) Trustees
None of the Trustees (or any persons connected with them) received any remuneration, benefits or expenses from the Charity during the year (year ended 1[st] April 2024: £Nil).
7) Employees
There were no employees during the year.
8) Current asset investments
| Term deposit account 9) Debtors Accrued income 10) Creditors: amounts falling due within one year Awards payable Accruals and deferred income |
2025 2024 £ £ 2,500,000 2,445,389 |
|---|---|
| 2,500,000 2,445,389 |
|
| 2025 2024 £ £ 12,876 30,309 |
|
| 12,876 30,309 |
|
| 2025 2024 £ £ - 27,741 3,540 4,650 |
|
| 3,540 32,391 |
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] AUGUST 2025
11) Unrestricted funds
| Unrestricted funds | Movement in funds Balance as at 2 April 2024 Incoming resources Resources expended Balance as at 31 August 2025 79,135 148,039 (67,733) 159,441 |
|---|---|
| 79,135 148,039 (67,733) 159,441 |
12) Endowment funds
Endowment funds represent assets which are expendable by the Charity. Income arising on the endowment funds can be used in accordance with the objects of the Charity and is included as unrestricted income
| Endowment funds | Movement in funds Balance as at 2 April 2024 Incoming resources Resources expended Expendable endowment received Balance as at 31 August 2025 2,732,090 - - - 2,732,090 |
|---|---|
| 2,732,090 - - - 2,732,090 |
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Charity No. 1203290
THE EVE PETTINGER AWARD TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] AUGUST 2025
13) Analysis of net assets between funds
| Fund balances as at 31 August 2025 are represented by: Current assets Less: liabilities |
Unrestricted funds Endowment funds Total £ £ £ 162,981 2,732,090 2,895,072 |
|---|---|
| 162,981 2,732,090 2,895,072 (3,540) - (3,540) |
|
| 159,441 2,732,090 2,891,531 |
| Fund balances as at 1 April 2024 are represented by: Current assets Less: liabilities |
Unrestricted funds Endowment funds Total £ £ £ 111,526 2,732,090 2,843,616 |
|---|---|
| 111,526 2,732,090 2,843,616 (32,391) - (32,391) |
|
| 79,135 2,732,090 2,811,225 |
14) Related party transactions
Grants of £63,961 (2024: £41,940) were awarded to students of Tring Park School and were paid directly to Tring Park School, a related party through having Trustees in common.
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