ST LAWRENCE PARISH HALL TRUST LAWRENCE ANNUAL REPORT FINANCIAL STATEMENTS For the ear ended 31 March 2025 Registsred Charlty No: 207267 ST LAWRENCE PARISH HALL TRUST INDEX Pa eNo REFERENCE AND ADMINISTRATIVE INFORMATION TRUSTEES. REPORT INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET 8-14 NOTES TO THE ACCOUNTS ST LAWRENCE PARISH HALL TRUST REFERENCE AND ADMINISTRATIVE INFORMATION Charfty Reglstratlon Number- 207267 Name: . The name of the charity is Martha Penelope L8ggatt for a Parish Hall, in the Ancient Parish of St Lawrence, Ipswich, in the County of Suffolk. The accounts have been drawn up using the name of St Lawren￿ Parish Hall Trust by which the charity is known and is the wothng name registered with the Charity Commission. Present Trustees Jo Banthorpe Jack Earwaker Alan Forsdike Liz Harsant Susan Ryan Stephen Runnacles Administrative Ovfius St Lawrence Parish Hall Trust 2 Henley Road Ipswich IP13SF Independent Examiner Helen Rumsey FCA (Dch A) Ensot5 Charte￿d Accountants Connexions 159 Princes Street Ipswich IP11QJ Inveslment Advis•rs Barclays Wealth Ltd 1 Churchill Place London E14 5HP Bankern Barclays Bank plc Leicester Leicestershire LE87 2BB ST LAWRENCE PARISH HALL TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2026 The trustees present their annual report and financial statements for the year ended 31 March 2025. The accounts have been p￿pared in accordance wtth Accounting and Reporting by Charities.. Statemerrt of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the FinanGial Reporting Standard applicable in the UK and Republic of Ir8land {FRS 102). Legal and admlnistrative infornbation The infomation on page 1 fonns part of this report. The trustees set out below have held offic8 during the entire year to the date of this report, unless otherwise stated: Jo Banthorpe Jack Earwaker stephen Runna¢les Alan Forsdike Liz Harsant Susan Ryan The Charity was founded by the IMII of Martha Penelope Leggatt proved on 17 April 1903 and comprised in a Conveyance dated 29 January 1904. The Charity is govemed by Scheme Regulations approved by the Charity Commission. Management and governance arrangemerrts The appointment of trustees is by a resolution of the trustees. New trustees are identified by the existing trustees and invited to join the trustee body. They are chosen as being people of good character and standing within the local community usually with previous experience of being a charity trustee. Wrth this background fomial training is not usually required but where necessary appropriate briefing is arranged. Background infomiation is provided in the forni of previous yearfs annual report and financial statements, minutes of the meetings of the trustees in the previous year and a copy of the grant application pack. Trustees meet every six months to consider the grant applications received and to review any feedback from grants previously given. Objectives and activities for the Public Benefft The object of the Charity is to hold investments and apply the income for the general benefit of the inhabitants of Ipswich, and for which provision cannot be mad8 from public funds. The twstees Gonfimi that they have referred to the guidance ¢ontsined in the Charity Commission's general guidance on public benefft when ￿VIewIng the Charity's aims and objecttves and in planning future activities and setting the grant making policy for the year. The Charity carries out these objeclives by carefully considéring each grant application and awarding grants which meet the CFiteria set out in tts objectivès. Review of the year The primary funclion of the TNst is to provide grants to organisations in the Ipswich Area. In nonnal circumstances to cary out this fvnrtion tnJstees meet tsvice a year to consider applications from local organisations and concentrate the grants on supporting projects that are providing or enhancing existing facilities for the disadvantaged in society- ST LAWRENCE PARISH HALL TRUST TRUSTEES. REPORT [contlnued] FOR THE YEAR ENDED 31 MARCH 2025 Review of financlal situalion There was a surplus for the year ended 31 March 2025 of £2,180 P024: Surplus £46,684] after investmerrt revaluations. The activiti8s of the Trust are affected by the lével of income prodU￿d by the investments in the endowment fund. The capital value of these investments has decreased during the last year but increased cash fijnds have resulted in an increase in the balance sheet valLSe to £939,665. The current assets [unrestricted funds] that are available for grants at the end of the fis¢al year amourrt to £9,509. Inveslment pollcy The policy is to generate income to enable charity grants to be made, but with only a moderate risk to the investment. The twste&s regulariy monitor the perfomianoe of their investment managers wtth the last full review having taken place in September 2025. The next full review is scheduled for September 2026. Grant policy 1. To help to provide faciltiies for the disabled and other disadvantaged groups in the communty 2. To help to provide the means of transport for such groups 3. To assist in the provision of refurbishment of church halls that are used for the benefft of the communty. 4. Other purposes being for the benefft of the people ot. The ancient parish of St Lawrence The rest of Ipswich Organisations which. while not situated in the town. have a substantial proportion of their members living in Ipswich. The money shall not be used for any project that could be provided by taxes or rates. In the past fiscal year. all grants made were paid to instStutions and are detailed in note 5. Reserves pollcy Unrestricted reserves, of £9,509, not applied to grants are carried forward for fuiure periods. The endowment funds. of £930,156 are not available for distribution. The trustees have considered that of the present level of reserves £5,000 should be allocated as a non-usable reserve leaving £4.509 to meet future demarKI for grants. Golng concern Trustees consider that with these provisions the Trust remains a going concem. ST LAWRENCE PARISH HALL TRUST TRUSTEES, REPORT [contlnuedJ FOR THE YEAR ENDED 31 MARCH 2026 Risk reviffiv The trustees continue to r8view the major rfsks to which the charity is exposed, and the systems in place to mitigate against th￿Se risks. The trustees will worktthyards increasing the promotion of the Trust to those who might beneflt from their benevolence. This is to ensure that the income at their disposure 18 fully utilised in meeting the objects of the lxust deed. The specific risks that the Trust fa¢e8 are in the management of the fvnds and use of the income. These are negated by all grant applications requirtng all trustees to consider and agree to the award of grants: financial update5 and review by the trustees at their meetings; Contingency plans for the provision of accounting should the treasurer no longer be available either in the short or longer tenn; independent examination of the accounts by qualified accountants. Approved by the trustees and 8igned