SIDMOLrrH CONSOUDAT rriES RE TER D CHARfTY NO." 207081 FINANCIAL sTATEmErs FOR THE YEAR ENDED 31 DECEMBER
SIDM UDATED CHARrtlES ATEMENT F TRUSTEES RESP IBILITIES YEAR ENDED 31 DECEMBER 2(r25 The trustees are r8sponsiblo lor prepang the Trusteès. Report and thè linancial 5talemenls In a¢oordance with aCable law and United Inorn Accountlng Standards (United Kingdom Generally Accepted Accounting Practice). Tho law appllcable to charft5es In England & Wales requires the tfustees to prepore finan¢ial slat9men15 for each financial year which gNe a true and fatr wew of the stsle ol altairs ol the charSty and ol the incoming resources and appllcation of resources of the charity for that period. In preparing these financial statements, Ihe Irustees are require(I to- 8eleGI suitable accountiNJ polkies and then apply th8m consistenuy; observe the methods and princiths in the Charltles SORP: make judgments ar estimates Ihat are reasonable and prudent, stale whether 4Dplicable accountirYJ standards have been fcllowj. subpct to any material departures disclosed and explained in the financial ststements: prepare the finawlal staiements on the going concem basis unless ft is inapproprlale lo presume that the charity wll contlnue In business. The Iruslees are responsible for keeping proper accounting records Ihal disclose with reasonable accuracy at any time the finanryal poSitn ot the charty and enable them to ensure that the linancial statements comply wth the Charitlos Act 2011 and the Charity accounts SORP FRS102. Th6y are also responsible for Safeguarding the assets of the charity and hence for taking reasonable Steps for the prevention and detection of fTaud and h8[ irregularitie6. Page I
DMOWH CO LIDATED CHA MES REGISTERED CHARITY NO: 2 7081 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEPJIBER 2025 Trustees Mrs A Llverton Mr R Eloy Mr J Hollick Mr M Lavers Mr P McGaul6y Miss J Ware (Chair} ar4)ointod 21101125 Mr G Vincenl Mr T ShaTdlow (Wice Chairl a4)pointed 18103125 Mrs R PerTam Sldmouth Town Council is entitled to apF(trinl tm8tees. One Trustee Is ex-010 {Flectorl. One Is nominated by Sidmouth Town Council (Mrs R Perram). Eight are co-opted by the Tru5toes. All Trustees hav8 acted lor th@ whol& year unlèss otheTwlsè stated. Professional Ad Barclays Bank Easterbrook Eaton Ltd. Ichartered Accountants) Old Fore Street Sidmouth Jasmine Financial Services Ltd. appnted representative of Wision Independent Flnancial Planning Governin Docum The Charit$ Scheme is dated 6th S8Ptember 1977. a1 the Charity is constttuted as a Trust. Ob ectives of the Char The Income ol Ihe Charity shall be applied for the relief of need as set out in Clause 44 of the Trust Deed, wtth the addtiion of the words 'or to h91p with their housing needs., but without any commitment to the long temi payment of RenL For rellel In need- in relievlng Fersons resldent In the t(MTn of Sidmouth who are in ndItIOnS ol need, hardship or distress. Ch ivitl nd Achiev Many grants have been awarded in accordansx vAth the Charlty's obJeGts. The Twstees carefully ¢onsldei all requests for granls, maklng further enquIoS where nec8ssaYy. All investrnents are wFth charitable funts. lic Benelil Tre Tjuslees ar8 aware of the Charity Commissir)n guldance on pubiic benefil and ensure that all the activities comply with the guidance. ture nd Declara I declare, in my capaclly ol charity trustee, that: the trustees have approved the report above and have authoris&l me to sign il on Iheir behalf Signature Full name- Position.. Dale.. Page 2
INDEPENDEKf EXAMINER'S REPORT ON THE ACCO TO THE TRUSTEES OF SIDMOUTH CONSOLIDATED CHARMES REGISTERED CHARrry NO.. 207081 FOR THE YEAR ENDED 31 DECEMBER 2 25 I rgport to the tNBtees on rny examirtation of the accounts of Sldmoulh Consolidated Charities for the year ended 31 December 2025 which are Set out on pages 4 to 7. Ros nsFbllltle8 and basls of re As Ihe charity Irustees of the Twst you are responsible for Ihe pr8paralion of the accjunls In accordance with the requlrements of the Charltles Act 2011 {Ihe ACVI. I report in rgspect of my examination of the TnJst9e's accounts carried out under sectiDn 145 of the 2011 Act and in carrwng out my examinab'on I have followed dl the appIlb[e DIrli0n$ given by the Chartly Commlsslon under section 14515llbl of the 2011 Act. Inde endeni examln s &tomant I have comp18ted my examination. I Confi that rro matèrial matters have Come to my attention in ¢onnertion with the examlnatlon giving me cause lo belleve thal in any malgrial respoct- 11 lac¢ounting records were not kept In resp1 of ttlo Trust as requlred by section 130 of the Act. or (2}Ihe accounts do t ard wlh Ihose records" or (3}Ihe accounts do not comply with Ihe aable requirements Conrning the fomi and conlenl of accounls sel oul In the Chartties IAttourts and Reports) Regulallons 2008 olher than any requirement that the accounts give a Irue and fwr vtew which is not a matter con$NJered as part ol an independent examination. I have no conGern¥ and have come across no other matters in connection wtth the examination lo which attention should be drawn in thls report In order to onabie a proper understanding of the accounts to be reached. Mr D Akers FCA For and on behalf of Easterbrook Eaton Chartered Accountanls Old Fore Street Sidmuth Devon EX10 8LS ICAEW CHARTERED ACCOUNTANTS Datg: wg/4</1 Page 3
SIDMOUTH CONSOUDATED CHARITIES TATEMENT F FINANCIAL ACTIVITIES R THE YEAR ENDED 1DEC MBER 2 Mote Unrestrfcted P8mn?nt FundB Endowment Totsl 2024 INCOIAING RESOURCES Donations and Legacies Investment Income 55,596 55.596 57,659 Other Income Bank Interest 214 214 241 TOTAL INCOMING RESOURCES 55,810 55,810 57,900 RESOURCES EXPENDED Grants 22,825 22.825 27,712 Honoraria 7,958 7,442 A¢Gountancy InvesimBnt Charges 576 576 624 9,267 9,267 8,890 Printing, Postage aTrJ Stationery SU1r1e5 222 212 Webslte 865 TOYAL RESOURCES EXPENDED 41,506 41,506 45,967 GAINS I (LOSSES) ON INVESTMENrs 11JO.489 100,489 10,440 NET INCOMING I {OiITGOING) RESOURCES 14,304 100,489 114,793 22,373 BaEanGe 1stJanuary 2025 Balan 31 sl December 2025 144,263 1,&36,885 1.481,148 1.458,775 158.567 1.437,374 1,595,941 1,481.148 Page 4
SIDMOUTH CONSOLIDATED CHARrnES BALAN E SHEET AT 31 DECEMBER 2025 2024 CURRENT ASSETS DEBTOFIS CASH AT BANK - Charity CurrentAGcount 15,981 85,560 - Charity Business Premium Account INVESTMENTS 36,443 16,229 1,544,117 1,379.959 1,596,541 1,481,748 ABIUTIES: AMouNfs FALUNG DUE IT NEY 600 TOT L NET ASSEr 1,595,941 1,481,148 PERMANENT ENDOWMENT 1.437,374 1,336,885 ACCUMULATED INGOME FUND 158.567 144,263 1.595,941 1,481,148 These Financial Slalem8nts wer8 approved by the CoMme of Management on the and signed on its behaif by- Trustee... ftry.n(.....k) TNslee...... Pago 5
SIDMO H CONSOLIDATED ARME NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 DECEMBER 2 STATUS OF CHARITY Sidmouth Con501idatèd Charities is a Registered Charity Number 207081. RIN IPALA IN POLICI The Flnandal Statements have been prepared in accordance wilh the Charities SORP FRS 102 and the Charities Act 2011. A summary of the more important accounting policie5 15 sel OLrt below. a. Inveslme Invgslments are shown at tdr value as at the balan(% sheet dale. referenced to Ilsled share prices as at that date. ther Fixed As ets- The charity has no tanglble fixed assèts. c. Value Added T. Sidmouth Consolidated Chatitie5 is not registered for Value Added Tax. In these Firkancl Slatemenls, where aFplicable, experKltlure is shown inclusNe ol V.A.T. GOING CO CER The accounts have been piepared on a golrvJ concem basls. There are no malerial uncertainties about the charities abilty to continue. 4. INVESTME INCOME 2024 auitter 55,596 57.659 5. INVEST 2025 2024 Market value at 1 January Purchases at cost 1,379.959 75,262 12.3261 1.368,720 5.262 4,517 Investment income retained inllextraeted from) lund Investment Charges 1,443.628 1,369,519 Net Galn I ILOSBI on dlswsals and annual revaluation Market value at 31 December Pag8 6
SIDMO(mi CONSOUDATED CHAR NOTES T THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DE EMBER 2 6. INVESTMENT CHARGES 2025 2024 Quiher -Advisor SeNlcing Faes Quilter - Service Charge5 £6,958 £2,309 £6,906 £1,984 Totsl Per Accounts Page 7