CAMBIDGE FOUNDATION CIO
Charity registr•tion number 1203819 IEn9land and Walèal
ANNUAL REPORT AND UNAUDifED FINANCIAL STATEl￿ENTs
FOR THE YEAR ENDED 31 MARCH 2025

CAMBIDGE FOUNDATION CIO
LEGAL AND ADMINISTRATIVE INFORMATION
Trus¢ees
Mi R B carnb￿9e
Mis L K Cambidge
Mw E H Lewis
Mws J Macpherson
Charity number (England and Wal￿}
1203819
Principal addres
Argoed Fami
Kinnerley
Oswesiry
Shropsh¥e
SY10 8DH
Accountsnts
Dyke Yaxky Limrted
1 Brassey Road
Olj Potts Way
Shrewsbury
Shropshire
SY3 7FA

CAMBIDGE FOUNDATION CIO
CONTENTS
Page
Trustees report
ArKountanls' report
Slaternent of finanejal adivrti•s
Balan¢e sheet
Slalernenl ol cash lknis
Notes lo the financaal slaiements
7-12

CAMBIDGE FOUNDATION CIO
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Iiuslees piesent their annual report and finar￿al st*ements fof the year ended 31 March 2025.
The financial slalemenls have been prepared in 8￿rdance with the accounkng poliLyes sel out in note 1 to the
financial $latement$ and comply wrth the thantws goverr.lng dorAJment. the Chanties Act 2011 and "Accounting and
Reporling by Charities. Slalemenl of Recommended Praclice applicable lo charities prepanng their accounts In
aecardan¢e with the Financial Reporting Standanl applir3ble In Ihe UK and Repu￿rC of Ireland IFRS 1021"
leffeGlive 1 January 20191.
Obie6tiv•s and a¢tiviti•s
The objects of the charity art to..
advance the e(Sucalion ol thtr publiG in Ihe subjeci ol agricutture in particular. but ￿1 limited to. person5
under the age of 25 years".
advance o. piomole research into agricufture and Thè public*ion ol the uselul resutts or such resear¢h in
particular. but nol limited to. 5UStainable lood produdion al￿ Ihe conSe￿all0￿ and enhancetnenl ol the
rural enwronmenl.
relieve poverty and improve the health and wellb?ing of peopl8 living and workn'ng in iuial communities in
particular, bul ng1 limiled to, those working In agriculture in Shropshirè and 84"oining counties by providing
grants Io Tegislered charrties and not lor profil organi5a1￿?￿S.
Public benefit
The Iruslees have paid due regard to 9um1ar￿￿ isS￿d by the Charity Cornmission in deciding whai adivities thè
harlly should undertaKe
Achievement8 and perfonnanc•
Significanl acliwrtffjs and achiovemonls against Object￿￿$
During the year, the charty made 5 donations 12024 0 donabensl lo chaThtat4e Inslltullons 101aling £9,000 12024,.
£nill. These dcnaliors aio aligned Mlh Ihe Gharrtable obJectNe$ oltho charity.
Flnanclal revlew
Re59rves policy
11 is tho policy of the ch211ty that unre51ricted funds whKh lidve nol been designated for a specific use Should bo
maintained al a level equivalent to be￿eeTr three and sim rnonth's expendrture. Ihc trusttes con51dEr thai rcservtss
al Ihis level will ensure Ihal. In the evenl of 8 si9nifiranl drop in funding. they will be able to continue the charity's
currgnl aaivilies Whi￿ consideration is gtven lo ways In wh￿h 0¢drt￿n¥I funds be rw¥ed. Thi5 level of re5em5
has been maintained Ihroughoul the year.
Structure, goveman¢e and manag•ment
The Charily is regislered in England & Wale5 Wlth th8 Charity Commission in Eng￿nd & Wales ICCEW) ￿th chanty
number 1203819.
The charity is consliluted a¥ a Charilabl? Incryporaled Organi￿110n ICIOI in England & Walès with company
number CE032848
The trustees who servet1 olurin9 the year and up lo the date of $ignature of the fin8Thcial siatemenis were,.
Mr R B Carnbidge
Mrs E K CaTnbidgE
Mr E H Lew15
M15 J Macpherson

CAMBIDGE FOUNDATION CIO
TRUSTEES REPORT ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Recnjitment and appojntfflenl oltruslees
Apart trom the first charity Iruslees. every Iru5tee rnu51 be appoinled for a leTm of Ihiee years by a resolLrtion
passed al a properfy convened meeting of the chanty trustees.
In sele¢tino individua15 for appointmeni as chaiity IFusiee5. the charity tnjstees must have rÈgard to the skills,
knoW￿dg￿ and expertise needed f(* Ihe ettedive administration of the CIO.
The charity Irusiee5 will make available lo each new charity Irusle¢ on or bofore their first appoinlrnent.
a copy of Ihe ￿rrent version ol Ihe conslitulion
a copy ollhe CIO'S latest Trustee's Annual Rewrt and statement of accounts
Orpantsa&'onal slruelii
The charity tru51ee5 may delegale any of their powers or functions lo a committee or committees. and, 11 they do.
they shall determine the terms and conditi￿5 on which the dole931ion Is rnade. Chanty Iruslee5 rnay at any
time arter those terrns And condrtion$. or revoke the delegation.
Dunng the year, no delegation took place.
The Iiuslèes report w¥$ apprgvèd by the Board of Tmslee$.
Mr R 8 Cambid9e
Tru8t
Dale. 24111r2025

CAMBIDGE FOUNDATION CIO
CHARTERED ACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION
OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CAMBIDGE
FOUNDATION CIO FOR THE YEAR ENDED 31 MARCH 2025
In order lo assist you to fulfil your dutias undei the Chanties Act 2011. we have prepared for YOUF approval the
financial slalemenls of CambKJ9e Foundation CIO for Ihe year ended 31 Mafrh 2025, sei oul tsTh pages 4 10 12 from
the charity's accounting iecords and Ifom informalion and explanat￿n5 VLYJ have given us.
As a pracli$ing member fwm of the Inslttute of Chartered Aruuntants in England and Wales. we are subject lo 11$
ethical and olher prOfesS￿n81 req￿ireMentS whkth are deta￿ed at hIlpsJfvA￿.lcaew.cornlregula(10n.
Thi5 report Is made lo the charity'5 tfU51ee5. as a body. in accordance wrfh the lem)$ of our en9agemenl letter dated
16 October 2024. Our work has been undertakep solely lo prepare your approval the financial staiemenls ol
Cambidge Foundation CIO and state those matters that wt have ag￿ed 10 slate 10 the chantys trustees, 89 a body.
in this report In accDrdance with ICAEW Tethnical Release 0711G AAF. To the luUe51 exienl perrnilled by law. we do
nol aGcept or assume responsibility to anyone other than Cambidge Foundation CIO and Ihè ch3ritYs trustees as
bDdy, for our work oi lor this report.
11 Is your duly lo ensure that Cambid9e Foundalion CIO has rfept adequate accounting recoids and 10 prepare
slalulory financial statements that give a twe and fair view of Ihe 8$5ets. liabilities. financial posrtion and defieit of
Cambidge Foundation CIO. You consider thal Can*)idge Fgundalion CIO is exernpl from the ststulory audit
quirement lor the year. and Is not requiied to oblain an Independenl examinerfs report.
Wé havè not bten Instructed to Carry obt an autht o". a ￿VIeW of the finanual slaiemenls ot Cambidge Foundation
CIO. For this rea50n. we have nol verif18d the acGwaGy or cL)mpleièness of Ihe account ng records or Informalion
and explanalions you have givèn to us and wo do not. Iherelofe. express any opin￿n on the statutory finanaal
slalern8nls.
qofy
Dyke Yaxlcy Lirnltcd
Chartered Accounlanis
1 Bra5soy Road
Old Potts Way
Shrewsbury
Shropsblre
SY3 7FA
Date
i .DeLthbgf lolf

CAMBIDGE FOUNDATION CIO
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted
funds
2025
Unrn$tri¢ted
funds
2024
Notes
In¢ome from..
Donaiions and lègaues
Inveslments
950,802
10,109
17.417
Total income
17.417
960,911
Expenditure on-
Raising fur,ds
Charilable actiwties
8.705
10.382
21
1,200
Totsl exp•ndltuM
19.087
1.221
Net gainslllosscsl on Inveslrnents
158.9581
38,888
Not In¢omellexpenditurg1 and movem•nl In funds
160.6281
998,578
R0con¢Sll•tlon of fund8'.
Fund balance5 al 1 April 2024
998.578
Fund balances at 31 Marth 2025
937.950
998,578
The slalement of finan=ial adiwlies indudes all gains and bsses ￿cogr¥Sed in Ihe year. All Income and e¥pendilure
derive from conlir,uing aclivilies.

CAMBIDGE FOUNDATION CIO
BALANCE SHEET
AS AT31 MARCH 2025
2025
2024
Notes
Fixed assets
Investments
12
894,507
946,083
Currertt a$$ets
Cash 31 bank and in hand
44.643
53.695
Creditors: amounts falling due within
one year
13
11.2001
11.2001
Net ¢urrtnt a#8ets
43.443
52.495
Tot•1 a¥¥•ts l•¥¥ eurr•nt Ilabllltlo¥
937.950
998.578
Th• funds of th• ¢havlty
Unre51ricted funds
14
937.950
998.578
937.950
998.578
The financial statements were approved by Ihe trustees on .w).'￿.............
A/
hAr R B Cambidge
Trust••

CAMBIDGE FOUNDATION CIO
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Not•s
Cash flows from operating activities
Cash lab50rbeO byllgenerated froTn
operations
16
119 0871
950,781
Investing activiti08
Purchase of Inveslmenis
Proceeds from disposal of iThve3tment$
Inveslrnent In¢orne received
179.3791
71.997
17.417
1873,3121
133,8831
10.109
N¢t ¢a$h geD¢rat•d Iromllu$¢d Sn) Inv¢$lSng
actlvltlès
10.035
1897,0861
Ntt ¢•sh gtnerattd Irom fin•n¢lN9 •¢t[vI￿•S
Not Id•cr885•llincr•as• in elsh and ¢•sh
equlvalents
19.0521
53.695
Ca$h and r￿sh equivalents al bè9inoing of yèar
53.695
C••h Jnd ¢•$h ¢qulv•l•nts al •nd of ￿ar
44.643
53.695

CAMBIDGE FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounting poli¢ie•
Charity information
Cambidgè frourndalion CIO Is a tharrtable Ir￿A)rporated organisation. registered In England and Wale5.
1.1 Reportlng pèriod
The charity wa5 reglstered with the Charitie5 Commi$sion on 3 July 2023 with registration numbei 1203819
and as a charrtable Incorporaied orgaiisalton with company number CE032848. As a resutt, Ihe comparative
2024 financial slaien)enl covered a 9 rn¢xth penod frorn 3 July 2023 10 31 Marth 2024.
1.2 A¢¢ountln9 ¢onvention
Th8 financial 5tatemenlS have been prepa￿1 in •c￿rd8nr* wrth chaws govoming document, the
Charities Act 2011. FRS 102 -The Financial Reporting Stsndwd applicable in the UK afjd Republic of Ireland"
I-FRS 102.1 and the Charities SORP -A¢¢ouriin9 and Reportin9 by Charities". Slaiement of Recommended
Practice app11&4ble lo chaiiiies preparing their accoLnis in accordance w+h thè Finan￿al Reoorting Slan4ard
applicable in th* UK and Republi¢ of Ireland IFRS 1021- (effèctive 1 January 20191. The charily 1$ a Publlc
Benefit Entiiy 35 defined by FRS 102.
The financAal stalemenls ale prepared in sterfing. whth 1$ the fvnclional wrrency ol the Charity. Monètary
amounts In these finanual slalements we rounded to Ihe nearest £.
The financial slalemenls have tyeen prepared under the historicèl cosl convenTh'on. modified lo include tha
iévaluaiion of Ire•hold propertie$ and lo include inveslrnenl propertie$ and c*rtain financial instruments al lair
value. The pnncipal a¢counling policies adopleo are set oui below.
1.3 Golng ¢on¢•rn
Al the Iiriie ol approviny Ihe finaiicial 51aletnenls. Iho Irusiees have a feasonable expectation Ihal the Charity
has adequate resources to eontinue in operaiional existence for the foreseeable fulure. Thus the tsustees
conlinue 10 adopt the going concèrn basis of a¢counting in prep8fin9 Ihe ffinancial slatements.
1A Ch•rltsble ￿ndS
Unre51riued lund5 are available vse al Ihe disuetion ol the Injslees in furtherance ol their charitable
objec'.ives.
1.5 Income
IncoFne Is recognised wher) the chanty is legally entillea lo rf after any pg.rforniance CDndflions have been mel.
the amounts can be mpasured rella￿y. and il Is wobabte that income will be received.
Cash clonalions ale recogn15ed on receipl. Other donalw)n5 are fecognised once the chaiily ha5 been nolified
of the donation. tsnless perform8Thce conditions require ¢ele￿al ol the amovnl. Incorne lax iecoveiable in
relation lo donations received under Grft Aid or deeds of covenant 15 recogrmsed al the litne of Ihe donation.
1.6 Expenditur•
Fxpenditiirp Is reGO9n15ed oncp. there 15 a Ip9al or con5tructNE gbligation lo Iran5fÈr economic benefit to a
thi,.d party, it 15 probable th31 a liansfer of e¢OnOm￿ benefits will be required In selllement, amounl of
the obligalion can be measured reliatty.
Expenditure is classified by athwty. The c05t5 of each adiwty are ma¢Je up of the total of direcl ¢osls and
shared costs. inclJding supporf cost5 invoW in undeflaking each aaivrty. Direct costs attributable to a single
aeliwly are allocated directly to Ihal actmty. Sha'ed cost5 whicl conlribuie to rnore than one aclivity and
support costs whic4 are nol attnbutable lo a sinale activity ère apportioned between ihose activities on a basis
consislcnt wilh the use of resources Central staff cost5 are 311ocaled on the basis of btne spernt, and
depreciation charges are allcL3led on the po￿On of the as5els use.

CAMBIDGE FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policie5
(Continued)
1.7 Flx•d a$¥ot Inv•$tments
Fixed asset investmen15 are Initially measured ai iransadion pne£ excluding tran￿ctIOn costs. and are
subsequently measured al lair value al each reporling dale. Changes in lair value are recognised in net
Incomellexpen(Jilurel for the year. Transadion costs afe expensefl as Incurred.
1.8 cash and ¢a¥h equivalents
Cash and cash equivalenls indude cash In hand. oeposits held al call ￿th banks. other snort-tetm liquid
inveslmeThts with orKJinal maiurrtie$ of three months or ￿55. and b3nk overdrafr.s. Bwk overdrafts are shown
within borrowings In current Iiabilrties.
1.9 Employ•• benefits
The cost of any unused holiday enlillement Is recognistd In Ihe peneAI In whbth the employees $er¥ic•s aré
re¢eiv?d.
Teiminalion benefits are r•cogn's8d fjmmetj￿tety as an expense whèn thè chariiy Is demonstrably committed
lo terminate Ihe employment ol an empltyee or to provN1e lerrnina￿'Qn benèrrts.
1.10 D•btorn and Credltors r•¢elvable I payable within on• y￿r
Debtor5 and creditors with no staled inlerest rate and receivab￿ tsr payab￿ wilhu) one year are recorded al
transaction price. Any 1055es ansing from Impairmenl are recognised in expenditure.
In6om? Irom donat5on8 and 18g•Ci•$
Unrn8trl¢t•d Unrestrictèd
funds
fund8
2025
2024
Donations and gths
950,802
Ineom• fmm Invostmgnts
Unrestrfcted Unrestricted
funds
funds
2025
2024
Ircome from listed Investmenis
Other income
13.655
3.762
6.393
3.716
17.417
10.109

CAMBIDGE FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expendlture on raising Yunds
U￿￿trIcted Unrestricted
lund$
funds
2025
2024
In¥e51rnenl mana9e￿en1
8.705
21
Exp•nditurn on charltabl• a¢ti¥iti•s
Agriculturo
2025
A9riculture
2024
Dlre¢t costs
Grant fundirg of aclivilies Isee note 61
Shar¢ of support and gov*rnancg ¢0$ts nole 71
Support
Governanc•
1,382
800
400
10,382
1.200
Anatysls by fund
Unreslricled funds
10,382
1,200
Grants payabl•
Agricul￿10
202S
Grants lo In51itutlOn515 granlsl
Cjame & Wildlrfe Conservation Trusl
Midlands AirAmbularKe Chanty
Royal Agricultural Benevolenl Insiitthion
Farrning Cornmunity Ne￿Ork
Shfopshire Rural Support
5,000
1,000
1.000
1,000

CAMBIDGE FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs allocated to activrtles
2025
2024
Bank eharges
Compuier and website
A¢counlancy
Govemance costs
178
1.200
1.2(X)
1.382
1,2
Analy$¢d boh¥gen.'
AgricL,Ilure
1.382
1,200
Trustees
None ol the trustees loi arby peisons cgjnneclad wilh Iheml received any remungralion or benefrts from the
harity during ihe year.
Employees
Thé average monthty Thjmbtr of empbyees dunng the year wa5.
2025
Numbor
2024
Numbei
Total
There were no employees whose annual remunèration was more than £60.CWJ.
10 Gain• and10ss•• on inve$lments
Unrestfi¢t•d Unr•stritted
fundi
funds
2025
2024
Gainslllosse%l Ansin9 On".
Revaluatiorn of iDvesimen15
Sale ol Inveslrnenls
160.5761
38,888
158.95BI
28,888
11 Taxatlon
The charity is exempt ft(An taxa110n on rts acliwties because all ds income is applied foi charitable purposes.
10-

CAMBIDGE FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Fixtd asset investmènts
Listed
Investments
Cash in
portfolio
Total
Cost or valu•tlo
Al l April 2024
Aédilions
Valuation char9es
Disp¢sals
912,200
79.379
160.5761
157.3901
33.883
75.095
946.083
154.474
160.5761
1145.4741
188,0841
Al 31 March 2025
873.613
20,894
894,S07
Carrying èmounl
Al 31 March 2C25
873.613
2D,894
894,507
At 31 March 2024
912.200
33,883
946,083
13 Crodllor3'. amounts folling due within ono y•ar
202S
2024
Accruals 8nd deferred income
1.2(K)
1.200
14 Unr¢stiict•d lund$
The unrestricted funds ol..he charrty comprise Ihe unexpende¢ balances of donaiion$ and 9ranl$ which are
not su*6cl lo Specific condrtions by donors and g'anlors as lo how Ihey may be used. These Include
designated funds which have been se.. asNJe oul ol unresI￿led fvThJs by the trustees for specifiG PLJfposes.
At 1 Aprll
2024
Incoming R•$our¢
OU￿
•xpend•d
Gains and At 31 March
lo$s•$
30Z5
General funds
998.578
17.417
19.087)
158.9581
937,950
Previous period:
At 1 April
2023
Incoming
resources
R88ources
expended
Gains and At 31 March
losses
2024
General funds
960.911
11,2211
38.888
998,578
15 Related party tran¥a¢tions
There were no related party tiansaclN)ns during the year. 12024". 1 he charity Tecewl donalion5 of £950.802
by RH Carnbidge ISlor8gei Lirnited. a business in which Irustees, El￿abeth Cambidge and Reginald
Cambmlge are also direclors.I
11

CAMBIDGE FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
16 Ca$h lab$orbed byllgenerated from operaiion5
2025
2024
IOefi¢itllsurplus for Ihe year
160.628}
998,578
Adlu?tmonts lor..
Investment income recognised in statemènt of fin￿￿al actNities
Gain on disposal ol invèslmenls
Fair value gains and losses on Investment5
117.4171
110.1091
60,576
138.8881
Movemonts tn worklng ¢aplt•l'.
IDocreaselAnuoaso In creijilors
1,200
Cash labsorb•d byllg•n•rated from operatyonj
119,0871
950,781
17 An•lysls of ¢han9e8 In net fvnds
The charity had no material dgbt duw*)g the year.
12-