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2025-12-31-accounts

TOPSHAM MARKET HOUSE TRUST

(Registered Number 206696)

ANNUAL REPORT 2025

The Trustees met on two occasions.

BUSINESS CONDUCTED

  1. Eastgate Financial Services and Brewin Dolphin continued to manage and oversee the Trusts investments including the M.G. Edds legacy. The Trustees reviewed their investment strategy and reaffirmed to adopt category 4.

  2. Resulting from the M.G. Edds legacy £1,500 was paid to Topsham School to assist with swimming provision.

  3. Grants totalling £12,000 were made in support of Topsham Community Association, Topsham Museum and Topsham Music Festival

  4. The renewal of the lease for Central Garage, Topsham.

  5. The title of the properties had been registered at the Land Registry, and the properties were transferred from the outgoing Trustees to the continuing and new Trustees. It was agreed that the title be vested in the name of the Official Custodian of Charities.

  6. Amalgamation with John Shere and Others Charities. Scheme submitted to the Charity Commission.

ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER,2025

The Receipt and Payments Account for the year ended 31[st] December 2025 was examined and certified by Gravita Western Limited, Chartered Accountants, Exeter.

D.J. TUCKER SECRETARY/TREASURER TO THE TRUSTEES

REGISTERED CHARITY NUMBER: 206696

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 FOR TOPSHAM MARKET HOUSE TRUST

TOPSHAM MARKET HOUSE TRUST

(Registered Number 206696)

ANNUAL REPORT 2025

The Trustees met on three occasions.

BUSINESS CONDUCTED

  1. Eastgate Financial Services and Brewin Dolphin continued to manage and oversee the Trusts investments including the M.G. Edds legacy. The Trustees reviewed their investment strategy and reaffirmed to adopt category 4.

  2. Resulting from the M.G. Edds legacy £1,000 was paid to Topsham School to assist with swimming provision.

  3. Grants totalling £6,600 were made in support of Topsham School, Topsham Charter Day, Topsham Birdwatching Society, Topsham Museum and Topsham Music Festival

  4. The renewal of the lease for Central Garage, Topsham.

  5. The title of the properties had been registered at the Land Registry and the properties were transferred from the outgoing Trustees to the continuing and new Trustees. It was agreed that the title be vested in the name of the Official Custodian of Charities.

ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2025

The Receipt and Payments Account for the year ended 31[st] December 2025 was examined and certified by Gravita Audit Western Limited, Chartered Accountants, Exeter.

D.J. TUCKER

SECRETARY/TREASURER TO THE TRUSTEES

Independent Examiner's Report to the Trustees of Topsham Market House Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2025

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Jade Quaintance FCA

Gravita Audit Western Limited

Keble House Southernhay Gardens

Exeter EX1 1NT

Date

TOPSHAM MARKET HOUSE TRUST Charity number 206696

RECEIPTS AND PAYMENTS ACCOUNT Year ended 31 December 2025

General account
Receipts
Rent 69a, 70, 70a Fore Street
Central Garage
Sale of Investments
Income from Investments
Total receipts
Payments
Postage, printing and stationery
Insurances
Property costs
Grants
Secretary and treasurer's allowances
Miscellaneous
Portfolio Management fee
Professional fees
Investment purchases
Total payments
Net (payments)/receipts
Cash funds at 31 December 2024
Net receipts
Cash funds at 31 December 2025
2025
£ p
21,000.00
17,599.92
68,952.14
11,958.62
119,510.68
122.50
4,149.49
3,767.02
12,000.00
2,004.00
50.00
3,854.02
3,494.60
123,180.65
152,622.28
(33,111.60)
84,992.18
(33,111.60)
51,880.58
2024
£ p
19,753.17
16,933.27
111,000.95
12,031.69
159,719.08
151.38
3,897.87
22,646.11
6,600.00
2,004.00
3,662.01
1,833.30
124,669.44
165,464.11
(5,745.03)
90,737.21
(5,745.03)
84,992.18
TOPSHAM MARKET HOUSE TRUST
Charity number 206696
STATEMENT OF ASSETS & LIABILITIES
Year ended 31 December 2025
Monetary assets
Cash at bank
Lloyds Bank treasurers account
Brewin Dolphin deposit account
Total
Other monetary assets:
Brewin Dolphin Investments - Market value
Rent due (Exeter City Council)
Rent due (70b Fore Street)
Total
Non-monetary assets
Freehold of Nos. 69a, 70 and 70a Fore Street,
Topsham, Devon
Liabilities
Security deposits
Independent examiner's fee
G Edds Legacy
Topsham Adventure centre
Topsham Museum
Fishermans friend murual
Topsham School (G Edds Legacy)
Total
2025
£ p
43,835.78
8,044.80
51,880.58
£480,046.41
£ p
-
-
-
£ p
930.00
1,200.00
15,000.00
30,000.00
1,500.00
48,630.00
2024
£ p
80,823.47
4,168.71
51,880.58 84,992.18
£397,952.05
£ p
-
-
- -
£ p
930.00
300.00
15,000.00
30,000.00
4,000.00
1,000.00
1,000.00
48,630.00 52,230.00

DECLARATION

The receipts and payments account set out on page 1 for the financial year ended on 31 December 2025 and the statement of assets and liabilities as at that date set out on page 2 are approved by the Trustees.

Trustee authorised to sign on behalf of all trustees

REGISTERED CHARITY NUMBER: 206696

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 FOR TOPSHAM MARKET HOUSE TRUST

TOPSHAM MARKET HOUSE TRUST

(Registered Number 206696)

ANNUAL REPORT 2025

The Trustees met on three occasions.

BUSINESS CONDUCTED

  1. Eastgate Financial Services and Brewin Dolphin continued to manage and oversee the Trusts investments including the M.G. Edds legacy. The Trustees reviewed their investment strategy and reaffirmed to adopt category 4.

  2. Resulting from the M.G. Edds legacy £1,000 was paid to Topsham School to assist with swimming provision.

  3. Grants totalling £6,600 were made in support of Topsham School, Topsham Charter Day, Topsham Birdwatching Society, Topsham Museum and Topsham Music Festival

  4. The renewal of the lease for Central Garage, Topsham.

  5. The title of the properties had been registered at the Land Registry and the properties were transferred from the outgoing Trustees to the continuing and new Trustees. It was agreed that the title be vested in the name of the Official Custodian of Charities.

ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2025

The Receipt and Payments Account for the year ended 31[st] December 2025 was examined and certified by Gravita Audit Western Limited, Chartered Accountants, Exeter.

D.J. TUCKER

SECRETARY/TREASURER TO THE TRUSTEES

Independent Examiner's Report to the Trustees of Topsham Market House Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2025

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Jade Quaintance FCA

Gravita Audit Western Limited

Keble House Southernhay Gardens

Exeter EX1 1NT

Date

TOPSHAM MARKET HOUSE TRUST Charity number 206696

RECEIPTS AND PAYMENTS ACCOUNT Year ended 31 December 2025

General account
Receipts
Rent 69a, 70, 70a Fore Street
Central Garage
Sale of Investments
Income from Investments
Total receipts
Payments
Postage, printing and stationery
Insurances
Property costs
Grants
Secretary and treasurer's allowances
Miscellaneous
Portfolio Management fee
Professional fees
Investment purchases
Total payments
Net (payments)/receipts
Cash funds at 31 December 2024
Net receipts
Cash funds at 31 December 2025
2025
£ p
21,000.00
17,599.92
68,952.14
11,958.62
119,510.68
122.50
4,149.49
3,767.02
12,000.00
2,004.00
50.00
3,854.02
3,494.60
123,180.65
152,622.28
(33,111.60)
84,992.18
(33,111.60)
51,880.58
2024
£ p
19,753.17
16,933.27
111,000.95
12,031.69
159,719.08
151.38
3,897.87
22,646.11
6,600.00
2,004.00
3,662.01
1,833.30
124,669.44
165,464.11
(5,745.03)
90,737.21
(5,745.03)
84,992.18
TOPSHAM MARKET HOUSE TRUST
Charity number 206696
STATEMENT OF ASSETS & LIABILITIES
Year ended 31 December 2025
Monetary assets
Cash at bank
Lloyds Bank treasurers account
Brewin Dolphin deposit account
Total
Other monetary assets:
Brewin Dolphin Investments - Market value
Rent due (Exeter City Council)
Rent due (70b Fore Street)
Total
Non-monetary assets
Freehold of Nos. 69a, 70 and 70a Fore Street,
Topsham, Devon
Liabilities
Security deposits
Independent examiner's fee
G Edds Legacy
Topsham Adventure centre
Topsham Museum
Fishermans friend murual
Topsham School (G Edds Legacy)
Total
2025
£ p
43,835.78
8,044.80
51,880.58
£480,046.41
£ p
-
-
-
£ p
930.00
1,200.00
15,000.00
30,000.00
1,500.00
48,630.00
2024
£ p
80,823.47
4,168.71
51,880.58 84,992.18
£397,952.05
£ p
-
-
- -
£ p
930.00
300.00
15,000.00
30,000.00
4,000.00
1,000.00
1,000.00
48,630.00 52,230.00

DECLARATION

The receipts and payments account set out on page 1 for the financial year ended on 31 December 2025 and the statement of assets and liabilities as at that date set out on page 2 are approved by the Trustees.

Trustee authorised to sign on behalf of all trustees