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2025-03-31-accounts

Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Charity Number: 1204789

HPH Chartered Accountants 54 Bootham YORK YO30 7XZ

Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Contents Page
Trustees' Annual Report 1 - 8
Independent Auditor's Report 9 - 12
Statement of Financial Activities 13
Balance Sheet 14
Statement of Cash Flows 15
Notes to the Financial Statements 16 - 22

Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

Trustees of the Charity and whose details are shown in the reference and administrative section of this report are pleased to present their Annual Report together with the Financial Statements of the Charity for the year ended 31 March 2025.

The Financial Statements comply with the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

Objectives and activities

The Sam Pegram Humanitarian Foundation, Sam’s Legacy, was set up in memory of Sam Pegram. Sam was a Humanitarian worker from Preston who sadly died aged 25 in a plane crash in March 2019. We aim to honour Sam’s commitment to Humanitarian work and build a legacy in his name that will support vulnerable people and those setting out with the same intentions as Sam to help those people.

The Charity’s specific objects will be in support to the promotion of social inclusion for the public benefit among People on the Move who are socially excluded on the grounds of their social and economic position, and to relieve the needs of those people, by providing, or assisting in the provision of:

“People on the Move” refers to the inclusive definition from the UNESCO handbook 2008 that includes: International migrants; refugees; stateless persons; asylum seekers; non-national persons and internally displaced persons.

The Trustees have complied with their duty under the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission for England and Wales.

Main objectives for the year 2024/25:

In this period there was a significant injection of funds from the close family of Sam Pegram, his brother Tom and his mother and father Debbie and Mark.

This funding enabled the charity to set up two major projects and start work on a third.

Housing in York

The charity, working closely with the City of York Council have purchased a property in York and after some renovation and safety work is now home to a family of seven refugees brought to the UK via a Government scheme from East Africa.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

Objectives and activities (continued)

University of York Scholarship

The charity has set up a scholarship programme in partnership with the University of York. We provide a full scholarship for a student in the International Human Rights Law and Practice LLM programme. This is the course that Sam studied at York and we are looking for early career humanitarians who will benefit by attending this course who would otherwise not be able to afford it. We welcomed our first scholar Malak, who started the LLM in September 2024.

Community centre in Jordan

A long-held aim of Sam’s Legacy is to provide multi-purpose community facilities that can be used for supporting People on the Move in Jordan and their host community. Sam had strong ties to Jordan having worked there for several NGOs. Work began on sourcing a site and a suitable plot of land was identified and plans developed. However, following a change of mind from the local administration the plot was no longer available to us and our partners.

This was frustrating for all involved and has wasted time and funds needed for legal costs, site surveys etc. The team are now looking at alternative options, and we hope to be able to advance the project in 2026.

I would like to thank Tom Pegram for spending several months in Jordan at his own expense. He has built relationships with organisations that Sam worked for and Sam’s network of friends. He has also established new relationships with NGOs and professional service providers which will be invaluable to Sam’s Legacy as we move forward.

In addition to these projects, grants were also awarded to the following charities:

Squash Dreamers in Jordan were awarded a grant of £1,357.16 to support their winter programme including the provision of winter uniform for their service users. This meets objects a, c, e and f.

The Sir Tom Finney Soccer Centre were awarded a grant of £3,500 to pay for the pitch hire for the adult refugee sessions and equipment and training for refugees so they can play football and develop coaching skills.

Yoga and sport for refugees were awarded a grant of £2,700 which funded a 6-month internship for Ruvi. Ruvi, herself a refugee, started as a volunteer coach and after proving herself on the internship she is now a junior co-ordinator in the Finance and fundraising Team.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

Plans for future periods

We are committed to maintaining our home in York and renting it to refugees while a demand remains. We are 1 year into a 3-year contract with a mutual option to renew. This project is now self-funding with rental income surpassing expected costs. Surplus income will be reinvested in other projects.

The University of York Scholarship has been contracted up to the academic year 2028/29 a total of 5 scholarships. We hope to be able to extend that for a further 5 years subject to a review by the Trustees.

For the community centre in Jordan, we are working with our partners to locate a suitable property/plot to enable as to progress this project. We have sufficient funds to allow the purchase of a site, and more funding is promised from family donors to sustain the project.

We will continue to engage with existing and potential partners to offer funding via small project related grants.

Statistics, achievements and performance

The two main successes for the period were the establishment of the Sam Pegram Scholarship and the purchase and rental of a property in York to a refugee family.

The property is providing safe, quality housing for a family of 7 refugees who have been relocated to the UK under a Government scheme. This directly supports object “e”.

The UoY scholarship is directly supporting objective “f” of the charity. We are aiming to build a cohort of humanitarian workers who have been supported by Sam’s Legacy and go on to be part of that legacy through their careers.

Our support of the STFSC in Preston supports object “e”, with tens of refugees and asylum seekers enjoying the facilities, sense of community and opportunity to play sport in a safe and supportive environment.

The grant to Yoga and Support for refugees enabled a refugee former volunteer to gain an income and on-the-job training supporting them directly and being part of a team that delivers support to other refugees. This project supported objects a, c, d, e and f.

The grant to Squash Dreamers provided winter kit for its programme participants and helped towards project costs for their programmes. This supported objects a, c, d and e.

While the Jordan community centre project suffered a setback this will be a project that will directly deliver against object “d” and in turn enable NGOs to deliver programmes that meet all our objects.

We have continued to support other grass roots NGOs working with people on the move, continuing our support for the STFSC in Preston and funding new partners in Squash Dreamers and Yoga and sport for refugees

Financially the charity is in good health following the family provided funding. Please see our separate financial report for more information.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

Thank you to all our Trustees, volunteers and family and friends for your tremendous support and to our partners who are delivering amazing projects and making a positive difference to People on the Move.

All Trustees and family members provide their time voluntarily and family do not claim expenses back from the charity. Volunteers outside of the immediate Trustees and family have been invaluable to fundraising efforts.

Fundraising

Family and friends continued to make donations, and 2 fundraising events were held with thanks to Caitlin Slinger who organised a pub quiz and Cut the Rug music who held a charity dance night in Manchester.

The Sam’s Legacy football tournament is back in 2025 after a pause while Tom was in Jordan and the online pub quiz will return in 2026.

Structure, Governance and Management

The Charity is a Charitable Incorporated Organisation.

The founding Trustees were selected based on their familiarity with Sam Pegram and his ethics and values and being people of good character and in an appropriate professional role.

Two Trustees are relatives of Sam Pegram, his father Mark and brother Tom who act as CoChairs for the Board. They provide Governance and Operational support to the charity on a purely voluntary basis.

Three non-family Trustees were appointed to ensure the majority of Trustees are non-family members. These Trustees also provide their time on a voluntary basis.

All Trustees are individual persons; there are no corporate Trustees.

All Trustees were asked to read the charity commission guidance for Trustees before agreeing to their appointment. Any further guidance material issued by the Charity Commission is forwarded to the Trustees. Any relevant issues are discussed at Board meetings.

The Trustees meet as required and aim to meet at least 3 times a year and communicate electronically between meetings when input is required to approve matters in line with its policies and procedures.

Deborah Pegram is the Treasurer of the Charity which reports to the Board but does not have voting rights.

The purposes and governance of the Charity are set out in the following documents:

The Foundation governance document sets out in detail the constitution of the Charity, its purpose and objects and the governance structure and responsibilities of the Trustees.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

All decisions are made at a Trustee board level, with the Treasurer assisting in the administration of the Charity. There are no employees of the Charity.

Financial Review

Financial Summary

Total income of the Charitable Company during the year amounted to £2,030,967, of which £2,030,967 related to the unrestricted funds.

Total expenditure during the year, all relating to charitable activities, amounted to £101,026, of which £101,026 related to unrestricted funds.

Net income amounted to £1,929,941 and total funds (reserves) carried forward at the yearend amounted to £1,936,518, of which £1,936,518 related to the unrestricted funds.

The principal income for the period came from donations from Sam Pegram’s immediate family. The family intends to support the main project activity and ensure a sustainable future lasting at least 25 years. We aim to grow our fundraising efforts over the coming years to enable specific smaller projects to be supported by wider friends and family and public support.

Investments

The charity currently holds significant cash reserves, but these are expected to be used for future projects, and any excess funds are to be managed going forward.

Reserves policy

The charity holds reserves of £1,936,518 of which £540,034 are held in fixed assets for use by the charity for charitable purposes. The fixed assets have been placed into a designated fund for the future use of the charity’s housing support activities.

The level of free reserves held by the charity is £1,396,484. At present the trustees are continuing their grant making commitments of approximately £30,000 a year and reviewing various projects to which they want to deliver or support going forward.

It is the charity’s reserves policy to hold free reserves of £100,000 ensuring they hold sufficient funds for expected annual grant commitments and support costs for a year. The charity is currently deciding on which projects they wish to invest their excess funds in going forward.

5

Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

Reference and Administrative details

The charity was registered 19 September 2023.

A Registered Charity – number 1204789

Registered Name: The Sam Pegram Humanitarian Foundation Alternative Name: Sam’s Legacy Principal Office and South Lea Trading Address Main Street Stillington YORK YO61 1LA Directors and Trustees Mark Pegram (Co-Chair) Tom Pegram (Co-Chair) Rhiannon Griffiths (Secretary) Gavin Lee Dan Lloyd Bankers Barclays Bank PLC Pall Mall 2 LEICESTER LE87 2BB

Auditor Sarah Wearing, FCA, DChA HPH Chartered Accountants 54 Bootham YORK YO30 7XZ

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

Risk management

The global environment for humanitarian support to People on the Move continues to be challenging with demand increasing and funding reducing. This backdrop only reinforces our resolve to provide funding and support to NGOs working in this sector.

Risks are discussed at Trustee level and mitigations implemented where necessary. As a funding organisation we work directly with service providers who have a track record of delivering in the sector.

Our grant making policy and safeguarding policy guide us in selecting appropriate partners and recipients of grant funding.

By working directly with the University of York and the City of York Council for our main UK projects we see minimal risk in those activities. Pastoral care of our scholars and our tenants

is a priority and both institutions have a strong track record. We also connect with these service users regularly and make sure they feel safe and supported.

The community project in Jordan is expected to be our largest financial outlay and will carry the most risk by the nature of working in another country. We will develop a risk register and management plan for this project before committing significant funding. To date we have committed limited spending related to the necessary professional services to protect our interests and surveys to identify and mitigate risks associated with particular sites.

Trustees’ responsibilities in relation to the financial statements

The Trustees are responsible for preparing the Annual Report and the Financial Statements in accordance with applicable law and regulations.

Law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain the financial position of the Charity, and which enable them to ensure that the financial statements comply with applicable law, regulations and 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.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

Declarations

The trustees declare that they have approved the trustees’ and strategic report above on 14 January 2026.

Signed on behalf of the charity’s trustees:

....................................................................... Mark Pegram, Co-Chair of Trustees

....................................................................... Rhiannon Griffiths, Secretary

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF THE SAM PEGRAM HUMANITARIAN FOUNDATION FOR THE YEAR ENDED 31 MARCH 2025

Opinion

We have audited the financial statements of The Sam Pegram Humanitarian Foundation for the year ended 31 March 2025 which comprise Statement of Financial Activities, Balance Sheet, Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

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 not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF THE SAM PEGRAM HUMANITARIAN FOUNDATION FOR THE YEAR ENDED 31 MARCH 2025

Other information

The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent 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 this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 7, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF THE SAM PEGRAM HUMANITARIAN FOUNDATION FOR THE YEAR ENDED 31 MARCH 2025

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

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 auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In response to the risk of irregularities and non-compliance with laws and regulations and risk of fraud, we designed procedures which included but were not limited to: sample testing on the posting of journals, detailed substantive testing on the completeness of income, and review of trustee’s minutes.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF THE SAM PEGRAM HUMANITARIAN FOUNDATION FOR THE YEAR ENDED 31 MARCH 2025

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion, or the provision of intentional misrepresentations. We are not responsible for preventing fraud and cannot be expected to detect all fraud. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/ auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s 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 the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

HPH, Chartered Accountants Statutory Auditor 54 Bootham YORK YO30 7XZ

30 January 2026

HPH is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Notes
Income from:
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net income
Net movement in funds
Reconciliation of funds:
Total funds brought forward
10,11
Total funds carried forward		 Unrestricted
fund
£
2,021,809
8,842
316
2,030,967
101,026
101,026
1,929,941
1,929,941
6,577
£ 1,936,518		 Total
2025
£
2,021,809
8,842
316
2,030,967
101,026
101,026
1,929,941
1,929,941
6,577
£ 1,936,518		 Total
2024
£
320
-
3,833
4,153
3,569
3,569
584
584
5,993
£ 6,577

In 2024 no income or expenditure related to restricted funds.

13

Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

BALANCE SHEET AS AT 31 MARCH 2025

Notes
Fixed assets
Tangible assets
7
Current assets
Debtors
8
Cash at bank and in hand
Liabilities
Creditors: amounts falling due
within one year
9
Total current assets
Total assets less current liabilities
Total net assets
The funds of the charity:
Unrestricted funds
10,11
Designated
Undesignated
Total funds		 Total
2025
£
540,034
540,034
18,300
1,417,818
1,436,118
39,634
1,396,484
1,936,518
£ 1,936,518
540,034
1,396,484
£ 1,936,518		 Total
2024
£
-
-
-
6,577
6,577
-
6,577
6,577
£ 6,577
-
6,577
£ 6,577

The notes on pages 16 to 22 form part of these accounts.

Approved by the Trustees on 14 January 2026 and signed on their behalf by:

M Pegram

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

Notes
Net cash provided by operating
activities
14
Cash flows from investing activities
Purchase of property
Net cash used in investing activities
Change in cash and cash
equivalents in the year
Cash and cash equivalents at
beginning of the year
Cash and cash equivalents at end
of the year
15		 £
£
1,959,040
(547,799)
(547,799)
1,411,241
6,577
£ 1,417,818
2025		 £
£
584
-
-
584
5,993
£ 6,577
2024		 £
£
584
-
-
584
5,993
£ 6,577
2024
£ 6,577

The notes on pages 16 to 22 form part of these accounts.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

a) Statutory information

The Sam Pegram Humanitarian Foundation is a CIO. Its registered office is South Lea, Main Street, Stillington, YORK, YO61 1LA. It is a charity registered in England and Wales and it is a public benefit entity.

b) Basis of preparation

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value. The financial statements have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)(effective 1 January 2019) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The Charity meets the definition of a public benefit entity under FRS 102.

c) Going concern

The Charity has sufficient cash resources and has no requirement for external funding. The Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. They continue to believe that the going concern basis of accounting is appropriate in preparing the annual financial statements.

d) Income

Voluntary income, including donations, gifts and grants that provide core funding or are of a general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

e) Expenditure

Expenditure is recognised when a liability is incurred. Grant payments are recognised when paid to recipient organisations or when a contractual obligation arises. Support costs are allocated on the basis of total direct cost allocations.

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES (continued)

f) Tangible fixed assets and depreciation

Fixed assets are capitalised at cost. They are stated in the accounts at cost/original value less depreciation.

Depreciation is calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold land - 2% Straight line Fixtures and fittings - 10% Straight line

g) Debtors

Debtors are recognised at the settlement amount due.

h) Creditors

Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount.

i) Cash at bank and in hand

Cash at bank and cash in hand includes cash and any short term deposit accounts with a maturity of three months or less from the date of opening.

j) Fund accounting

The Charity currently only holds unrestricted funds which can be used in accordance with the charitable objectives at the discretion of the trustees.

2. DONATIONS AND LEGACIES

Donations
INCOME FROM CHARITABLE ACTIVITIES
Provision of housing		 Unrestricted
Funds
£
2,021,809
£ 2,021,809
Unrestricted
Funds
£
8,842
£ 8,842		 Total
2025
£
2,021,809
£ 2,021,809
Total
2025
£
8,842
£ 8,842		 Total
2024
£
320
£ 320
Total
2024
£
-
£ -

3. INCOME FROM CHARITABLE ACTIVITIES

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Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

4.
OTHER TRADING ACTIVITIES
Fundraising
5.
CHARITABLE ACTIVITIES
Activities
Undertaken
£
Housing support
12,715
Education
-
Social and recreational
-
Community centre
-
Total 2025
£ 12,715
Total 2024
£ -
Housing support
Rates
Light and heat
Insurance
Depreciation
Repairs
Management fees
Support costs
Bank Charges
Legal fees
Audit fee
Accountancy fee		 Unrestricted
Funds
£
316
£ 316
Grant funding
of activities
(note 6)
£
-
42,739
7,557
-
£ 50,296
£ 3,569
Unrestricted
Fund
£
806
572
896
7,765
2,276
400
12,715
145
25,090
9,600
3,180
38,015		 Total
2025
£
316
£ 316
Support
costs
£
2,608
8,767
1,550
25,090
£ 38,015
£ -
Total
2025
£
806
572
896
7,765
2,276
400
12,715
145
25,090
9,600
3,180
38,015		 Total
2024
£
3,833
£ 3,833
Total
£
15,323
51,506
9,107
25,090
£ 101,026
£ 3,569
Total
2024
£
-
-
-
-
-
-
-
-
-
-
-
-

18

Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

6.
GRANTS PAYABLE
Grants to institutions
Sir Tom Finney Soccer Centre
Refugee Action York
Global Giving UK
Squash Dreamers
University of York - Scholarship
7.
TANGIBLE FIXED ASSETS
Cost
At 1 April 2024
Additions
At 31 March 2025
Depreciation
At 1 April 2024
Charge for year
At 31 March 2025
Net Book Amounts
At 31 March 2025
At 31 March 2024		 Unrestricted
Fund
£
3,500
-
2,700
1,357
42,739
£ 50,296
Freehold land
and buildings
£
-
537,540
£ 537,540
-
7,167
£ 7,167
£ 530,373
£ -		 Total
2025
£
3,500
-
2,700
1,357
42,739
£ 50,296
Fixtures and
fittings
£
-
10,259
£ 10,259
-
598
£ 598
£ 9,661
£ -		 Total
2024
£
2,819
750
-
-
-
£ 3,569
Total
£
-
547,799
£ 547,799
-
7,765
£ 7,765
£ 540,034
£ -

19

Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

8. DEBTORS

Unrestricted
Fund
£
Other debtors
17,500
Prepayments
800
£ 18,300
LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Unrestricted
Fund
£
Accruals
24,824
Deferred income
14,810
£ 39,634		 Total
2025
£
17,500
800
£ 18,300
Total
2025
£
24,824
14,810
£ 39,634		 Total
2024
£
-
£ -
Total
2024
£
-
-
£ -

9. LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR

The deferred income relates to rental income received in advance for a period of 12 month. 4 months of the rental period falls into the year ended 31 March 2025. Income for the remaining 8 months has been deferred and will be relaeaces in the year ended 31 March 2026.

10. UNRESTRICTED FUNDS

Balance at
£
Fixed Assets
-
-
Undesignated funds
Free reserves
6,577
Unrestricted Funds
£ 6,577
Designated funds
01/04/2024		 Income
£
-
-
2,030,967
£ 2,030,967		 Expenditure
£
(7,765)
(7,765)
(93,261)
£ (101,026)		 Transfers
£
547,799
547,799
(547,799)
£ -		 Balance at
£
540,034
31/03/2025
540,034
1,396,484
£ 1,936,518

20

Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

10. UNRESTRICTED FUNDS

UNRESTRICTED FUNDS
Balance at
01/04/2024
£
Designated funds
Fixed Assets
-
-
Undesignated funds
Free reserves
5,993
Unrestricted Fun
£ 5,993		 Income
£
-		 Expenditure
£
-		 Transfers
£
-
-
-
£ -		 Balance at
£
-
31/03/2024
-
4,153		 -
(3,569)		 -
6,577
£ 4,153 £ (3,569) £ 6,577

Fixed asset fund - represents funds invested in fixed assets for the use in housing support services. The transfer in the year relates to fixed asset purchases made.

11. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible Fixed Assets
Current Assets
Current Liabilities
At 31 March 2025
Tangible Fixed Assets
Current Assets
Current Liabilities
At 31 March 2024		 Undesignated
Designated
£
£
-
540,034
1,436,118
-
(39,634)
-
£ 1,396,484
£ 540,034
Undesignated
Designated
Funds
Funds
£
£
-
-
6,577
-
-
-
£ 6,577
£ -
Unrestricted
Unrestricted		 Total
£
540,034
1,436,118
(39,634)
£ 1,936,518
Total
Funds
£
-
6,577
-
£ 6,577 £ 6,577

21

Docusign Envelope ID: FBE0B97E-32CE-4E9B-B155-78B4A482BFC9

THE SAM PEGRAM HUMANITARIAN FOUNDATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

12. STAFF COSTS AND TRUSTEES REMUNERATION

During the year the Charity did not have any employees. (2024 - None)

No Trustee received any remuneration or benefits by virtue of being a Trustee and were not reimbursed for any expenses (2024 - None).

13. RELATED PARTIES

During the year the Charity received donations without conditions of £2,021,709 (2024: £nil)

from trustees and related parties.

14. RECONCILIATION OF CASH FLOWS FROM OPERATING ACTIVITIES

Net income for the reporting period
Adjustments for:
Depreciation charges
(Increase)/decrease in trade and other debtors
(Decrease)/Increase in trade and other creditors
Net cash provided by operating activities
Cash in hand
Total cash and cash equivalents
ANALYSIS OF CHANGES IN NET DEBT
At
01/04/2024
£
Cash
6,577
£ 6,577
ANALYSIS OF CASH AND CASH EQUIVALENTS		 2025
£
1,929,941
7,765
(18,300)
39,634		 2024
£
584
-
-
-
£ 1,959,040 £ 584
1,417,818 6,577
£ 1,417,818 £ 6,577
Cash-flows
£
1,411,241		 At
31/03/2025
£
1,417,818
£ 1,411,241 £ 1,417,818

15. ANALYSIS OF CASH AND CASH EQUIVALENTS

16. ANALYSIS OF CHANGES IN NET DEBT

22