Charlty Roglstratlon 140. 210036 FLORENCE COHEN CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2025
FLORENCE COHEN CHARITABLE TRUST LEGALAND ADMINISTRATIVE INFORMATION Trustees Sir Jonathan James Rwett-Cama¢ Sally Helen Greenlees Guy fimolhy Holland-Bosworth Sarah Rivett-carnac Lily Gra Holland-Bosworth Caroline Charmllèr Charlty nUMr 210036 Principal addr8ss clo DSG Chartered Accountants Castle Chambers 43 Castle Street LiveFpooI L2 9TL Independent examlner Anthony Wiss 72 WÈterpark Road Prenlon CH43 ORS Sollcltors Biabner8 LLP Horton House Exthange Flags Liverpool L2 3YL Investmènt advisors Ralhbone Investment Management Limited Port of Liverpool Building Pier Head Liverpool L3 1NW Accountants DSG CharteTedA¢countants C88tle Chambers 43 Casue Street Liverpool L2 gTL
FLORENCE COHEN CHARITABLE TRUST CONTENTS Page Trustees. repc Ind8pendenl examinerfs report Statement of financial tiVitieS Balance sheet Notes to the finarKial statements 8-14
FLORENCE COHEN CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEM8ER 2025 Th8 Trustees present their rewt and financial statemertrts for th& Year ended 31 December 2025. The accounts have been prepared in accordance wth the accounting policies Sel out in note 1 to thè aeeounls and comply wlh the Charity's goveming documenl. the Charities Act 2011 and 'Accounling and Repothg by Charities.. Statement of Recommended Pracliee applicable lo charities preparing their aceounls in aceordanee th the Finaneial Reporting Stsndard applicable in the UK and Republic of Irel8nd IFRS 1021" las am?nd¢d for accounling ped$ commencing from 1 January 20161 Oblectlve5 and actlvltl•s Charttable objects The TnJste¢$ hold the fvnds on trust for the follovlng.. lal To pay or appty the income of the Trust as it ariges and may in their discretion at any lime or b'rnes pay or apply the whole or any part or parts of the capttal thereof upon trust in or t¢)wards the fvrtherano of such L*aritsble purpose or charitable pUOSe9 and if more than one in such proportions and in such manner in all respects as Ihe TTuslee5 sh811 from lime to time think fil. Ibl To provide reliel for ag8d p8rsons as the Trustee5 shall from time to time determine. Icl To pay or transfer the same to any charitable institution or body Iwhelher incorporated or unincoTporaledl established for the r8li8f of aged persons io be applied by such in$titubon body erther for its general purposes Or for Some specific charitoble purptsse for the relitrf of aged person$. {d) To purchase lands ol any tenu and whether with or wrihout existing buildings thereon and to erect, enlarge, alter, decorate, furnish and equip any buildings for the accommodation of persons who are proper objects of such trust and lo maintsin and operate the same with all proper staff services and amenitie5 Wth p¢)wer from lime to time to delegate their powers and duties or discretion in connecb.on wth the management thereof. The Settlor expressed a Wbsh, atthough it Is not bindiThJ upon the Trustees, that they give preference to the relief of Distressed Gentlefolk, who being male a over the age of 65 years and female over the age of 60 yea($ and paikncldarfy to those of ill heatth. The Trustees eontinue to hold unre8tn.cted Funds and so all funds are available to meet the Charity's objectives. The Trustees are satisfied that the Charity's assets are available and adequate lo fulfil its currert objectives, lo make dC&tIonS to Individuals and charllable organisallons WIK) apply to th8 Charity In writing. AIn of charlty The aims of the Charity are to apply. at the discretion of the Trustees. grants to the charitable objects. How achl•vemfrnt of alms furthern obhctlvos The Trustees achieve their charitable objeclryes by making grants to Ihe charitable objects. stratsHl•s for achlevlng •lm• The TnJstees' strategies to xhieve their aims continue to be one of essentially grant making. Statèm•nt of ¢ompllance wlth Charlty Comml8slon guldance The Trustees have paid due regard to the Charity Commission's guidance on publ benefrt in decidi)9 the activities undertaken by the Charity during the year. The Trustees are satisfied that the information provided in the report and accounts meets the public benefft reporting reqU1Ments.
FLORENCE COHEN CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Charl&ible actlvlllg$ There are no operational activities Otherthan those involved in the oper8lK)n of the investment portfolio. Grant making policy The Chariiable Trust is mainly involved in grant making in furtherance of the Charity's aims_ Grants made during the year are recognised in the accounts in the perw)d for which they are intended to be applied and Ireal¢d as due in totsl on the dale paid. Achl•v8m•nts and p•rfomianco Revlew of the Charlty's achlevemenl8 The Trustees are happy th81 by appiyirrfJ their intended grants to various charilable objects they have b88n able lo fu11 their aims in providing funding and Support. Several donations were made during the year as detailed in the account8. Invo$tmènt perfomianc Most of the Charity's capitsl is invested on the stock market. and throughout the year the total retum of the portfolio fell within the Tru3lee8 acceptable variance of the perfomance bend)mark. Ongoing investment adviee 15 provide(I by the inve51menl advisors in conjunctton with the Trustees. AS at the 31 December 2025, the portfol1 was valued at £3,892,483. This is in comparison lo the previous year. where at the 31 December 2024 the portfolio was valued 81 £3,632.414. Flnanclal revlew The Charitable TrusV$ oveTall fund balances for the year tot81 £3.975.100 compared with £3,703,367 for 2024. After taking into consideration totsl nel incoming resources, recogni5ed gains and Ios5e5 duiing the yeai, ornmitments to charitable donations and governance costs, there was an overall increase in the nel movement in funds of £271,733. compared to a increase of £133,654 for 2024. The Trustees have also reviewed their grant making capability and wlll, golng foard, ensure there Is Sufficlent income year on year lo enable their financial commitmen15 to be met. The Trustèes have delegated Ihe operat)n of the investment portfolio to the investsnent advisors who are responsible for meeting the Charitys Investsnenl Objectives and who are measured against their b8nchmark. The Trustees consider their investments as expendable endowments, providirwj a relalivety secure and predictable stream of income from which to make grants. The Trustees aim to distribule a large percentage of the incomè, net of expenses, in each ffinanryal year and therefore do not maintain income reserves as such. However. any unrealised gains and the income levgls on the investments held are continually revpwed by the Tru8tees at their meetings to ensure that they have sufficient knds to meet their objectives. 11 is the policy of the Charsty that unrestr¢cted funds which have not been designeted for 8 specific use should be maintained at a level equivalent to befvéeen three and six month's expenditure. The Trustees consider Ihal reserves at this level will ensure that. in the event of a significant drop in funding, they will be able lo continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the Year.
FLORENCE COHEN CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2025 Invgstment Pollcy The operetion of the Investment Porttolio has been delegated to the investment athsors orn there is a discretionary agreement, The investment advisors are required lo avoid exposuro to inve5tmgnts whith are degmed to be unsuitablg in tl context of the Trusle8s' Obi8ctiV8s, wh8n consid0riThJ the portfolio as a whole. The investment advisors will provide half yearty reports which will include a stslement wnfirming adherence to this polity statement or providing details of ¢xeeplion$ together wth explanations. The report will also indude a omparison of the porttolKJ return in relatOn to the benthmark. Major deviations will be gxamined and gxp14inod. The bènchmark upon which the investment portfolio is measLKed is the MSCI PIMFA Balaneed TR. As Ihero are no specific restrictions of investment powers under the governing deed, the Trustees have full diretion over the investmerbts. The Trustees have delegated Rathbgne Investment Management Limrted lo hava full discretionary day to day control of the investm8nts. In accordance with th8 Trust88 Act 2000, as this duty has been delegated. the Trustees have in Pla a Policy Statement. Also in accordance with the Trustee Act 2000. the Trustees continue lo regularty review the poliGies. Thg Trustees havg reviewed CUTrent pdiaos and do not fe81 any amendments are nO$S8ry. Assets have been acquired and disposed of in accordance bmth the powers available to the Trustees. Rlsk management The Trustees have considered the major risks to which the Charity is exposed and have estsblished systems and procedures lo mariage these. This includes the appointment of accountanls to provide advice, accountancy and secretarial services,. investment advisors to provide continuous oversight of the Trusys investment portfolio., and th8 Trustees themselves have agreed to delegate certain fvnctions to those wilh appropriate skills lo monitor the effective management of the Trust and the application of funds lo fulfil their charitable objectives. The Trustees consider variability of investment relums to constilule the Charity's major finawal risk and have wt the investment policy in place lo manage that risk. TheTru5tees recogni5e the wisk a550Cl8led byith investment in mainstream financial mathets and accept this risk in retum for the prospect of additional returns over longer Feriods of tin. They wsh to moderate the risk of deviation of returns relative to the chosen benchmark. Plans for thg luture TheTrustegs ¢ontinue to ¢on$ider written applications for funding from individuals and other charitable organisations. They hold Unrestricted Funds and so all funds are available lo meet the Chanws objectives and are satisfied that the Charity's assets are available and adequate to fulfil 118 current objectives which will continue for the foreseeable future. structhre, governan and rnanagemgnt Nature of governing doctsmont The Charity was estsblished by a tharrtable trust deed on 18 April 1960 by Florence Cohen. The Trustees who served during the Year and up lo the date of &gnature ofthe financial statements were.. Sir Jonathan James Rivett-C8mae Sally Helen Gfeenlees Guy Timothy Holland-Bosworth Sarah RIvettarnac Lily Grace Holland-Bosworth Caroline Chandler
FLORENCE COHEN CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Recruilment and appolntmont of trusto•s The Charty's governing body are the Trustees and new Trustees are elecled by the Conlinulng TnJ8tees and any Retiring Trustees al the time of apprAntmenL The Trustees are kept up lo dale on relevant matters by their professional advisors. Any new Trustees are made aware of th&'r duties and responsibilities at Ihe lime of their appointment. Organlsatlonal structhre The Trust is mainly a grant making charity. In general the Trustees liaise th their professional athisors in respect of the investment p¢)rtfollo and deal the charitable donations including identityng and liaising th organisations whose activities help luifil the objectives of the Charty. How docl¥lons arg made The Charity is run by a body of Trustees who liaise regularty amongsl themselves and with their professional advisors fomially thce a year lo review the policies and objedives of the Trust. The Trustees act in aCCordar8 with the dl$lon$ made at these meetings th the appropriate artions minuted. Inductlon and tralnlng of trustees Incoming Trustees are made aware of their reswnsits'lities and the Trust's obje¢Xive8 from the existing TnJ8tee8 and their professional advisors at the dale of their appoinlmenl. The Trustees are kepl up to dale on relevent matters by their professional advisc*s. Op•ratlonal r•strlctlons There are no specrfic restriction5 imposed on the Trustees by the goveming document conceming the way the harity can operate. Special investment powe There are no specific restrictions on the Trustees, investment powers. The Trustees have decided for the time being lo impose restri¢tion$ of their own, on the investment advis¢XS as listed in the investment policy. Asset coverfor lunds The Trustees are satisfied there are suffici8nt asse15 to meet the Charity's obligations. The Trustee port was approved by the Board of Trnstees. Slr Jonathan James Rivett£arna¢ Truste8 Dated..
FLORENCE COHEN CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FLORENCE COHEN CHARITABLE TRUST I report to the Trustees on my examinathon of the finan¢ial staiements of FLORENCE COHEN CHARITABLE TRUST (the Chartyl for the Year ended 310écember 2025. Responsibilitles and ba$is (rf report A$ the Tru$tee$ of the Charity you are Tesponsib18 for the preparation of the financial S&ementS In accordan th the requiremerts of the CharitsesAct 2011 (the 2011 Act). I report in respect of my examination of the Charity's financial statements carried out under tIon 145 of the 2011 Act. In carrying out my examinab'on I have followed all the applicable Directions givon by the Charity Commission under secth'on 14515}Ib) of the 2011 Act. Independent examlnerfs slatoment Your attention is drawn to the fad that the charity has prep8red financial ststements in acCOrdae with Accounting and Reporting by Charities prepartng their accounts in accordance wth the Financial RePtIng Standard applicable in the UK and Rèpublic of Ireland (FRS 1021 in preference lo the Accounting and Reporting by Charities.. Slalemenl of RecommendEd Practice issued on 1 April 2005 1$ referred to in the extant regulations has n¢)w been wlhdrawn. l understand that this has been done in order for financial statements to Pfovide a trve arKI fair view in aetordance with Generally ApIed Accounting Practice effective for reporting periods beginning on or after 1 January 201 S. I have ccqnpleled my examination. I confirm that no mattets have eome to my attentknn in conne¢Xion wilh the examination giving me caLEse to believe Ihal in any material respect.. accounting records were not kept in respect of the Charity as required by sectton 130 of the 2011 Act; or the flnanci81 stalernents do not a¢Gord with those rec4)rds', or the financial statements do not comply with the applicable requirements concernin9 the form and content of accounts set out in tha Charitles (Accounts and RgPDrtsl Regulations 2008 other than any wuirement that Ihe accounts give a true and fair view which is not a matter considgr8d as part of an indewdent examination. I have no concems and have come across no other matters in Ccnection with the examination to whieh attention should be drawn i this report in order to enable a proper understsnding of the financial statement$ to reached. Ihony Bay 72 Waterpark Road Prentcin CH43 ORS Dated.. -/," )LL
FLORENCE COHEN CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unr8strictsd Unrestrfctod funds funds revenue capltal Total 2025 Total 2024 Notss Investments 98,310 98,310 114,908 Raising funds 26,886 26,886 26,563 Charitable activiti8S 106.348 12.125 118.473 117,014 Cxher Totsl resour¢os oxp•nded 106,348 39,011 145,359 143,578 Ng1 gains on investments 10 318,782 318,782 162,324 Net movement In funds 18.0381 279.771 271,733 133,654 Fund balances at 1 January 2025 12,015 3.691.352 3,703,367 3.569.713 Fund balances at 31 D0mber 2026 3.977 3,971,123 3,975,100 3,703,367 The slalen*nt of financial activities includes all gains and losses regnISeLl in the Year. All inccrfne and expeTrJiture defive from ¢onlnulng advRles.
FLORENCE COHEN CHARITABLE TRUST BALANCE SHEET AS AT31 DECEMBER 2025 2025 2024 Fixod assats Inveslrnents Curr*nt a$$ots Debtors Cash at bank and in hand 11 3,892,483 3,632,414 12 854 87.259 1,728 77.259 88,113 78.987 Credltor5: amounts falllng duo wlthln one year 13 15,4961 18,034) Net vjrrenl assets 82,617 70.953 Totsl assotslgss current Ilabllllles 3,975,100 3.703.367 Incom• funds Unrestricted funds - capital Unrestricted funds - revenu8 3.971,123 3,977 3,691,352 12.015 3.975,100 3.703.367 The 8ecounls were approved by the TN$lees on ....... ... Sir Jonathan James Rivett-camac Trustee
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Ch•rity Information FLORENCE COHEN CHARITABLE TRUST is a (tharitabb trust f¢)mied by a deed dated 18 April 1960. 1.1 Accountlng conventlon The accounts have been prepared in 8ccord8nce with the Chaity's goveming document, the Charities Act 2011 and °Ac¢ounting and Report(ng by Charitles." Statement of Recommended PctICe applicable 10 harities preparing their aeeounls in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. las amended for accounting periods ccffimencing from 1 January 20161- The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provlsions In the SORP for charities applying FRS 102 Update Bulletin 1 not to Ppare a Slalement of Cash Flows. The financial ststements are prepared in st8rlng, which 1$ the function81 rrenry of the Charity. Monetary amounts in these financial slalements are rjded to the nearest £. The accourts have been prepared under the hi8torical cost convention. modffied to includ& the rev4uab.on ol freehdd properts.es ané lo include investment properties and certain financial instruments at fair value. The prin¢ipal a¢wunting policies adopted are set oul below_ 1.2 Golng concern At the time of opproving the finanaal slalemenls, the Trustees have a reasonable expectation that the Charity has adequat8 r8sources to continue in operational existence for the foreseeable fvlure. Thus the TrLLslees continue to adopt the going concern basis of acwunting in preparing the financial statements. 1.3 Charltsblg fund5 Unreslrocted fijnds are available for use at the discretion ot the Trustees in furtherance of their eharilable obieclives. Restricted funds are subject to specffic CWditn$ by donors as lo how they may be used. Tho purpose5 and use5 of the restricted funds are set out in the notes lo the finan¢ial ststemenl$. Endowment funds arè subiect to specifie conditions by donors that the capital musl be maintained by the Charity. 1.4 Ineomlng resources Income is recognised when the Charty is legally entitled to it after any pwfomiance condibons have been met, the amounts can be measured reliably. and rt is probable thal income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless perfomiance conditions require deferral of the amount. Inetrme tax reeoverable In relation to donatlons received under GfftAid or deeds of covenant is reGognised 81 the time of the donats'on. 1.6 Resources expended The costs of generating fund$ ¢¢n$Kl of weslmenl management costs. Costs of charitable adivities indude grants made. govemance costs and an apportionment of support costs. Expenditurg is accounted for on an accruals basis. Grants payakye are tharged in the year when the offer is made except in those cases where the offw 1$ condilicjnal. such grants belng recognised as expen¢Jilure when the conditions attaching are fulfilled. Grants offered subjed to ¢onditions which have not been mel al Ihe year end are notad as a commilm8nt, bul not accrued as expenditure.
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollclgs {Contlnued) 1.6 Flxed asset Investments Fixed asset investments are initially measured al transact6on prlce exdudlng transact(on C£Jsls, and are subs8quenUy measured at fair value at eath reporting date. Change$ in fair value are reeognised in net incomel{expendilure) for the year. Transaction costs are expensed as lncLffr. Fair value on fixed asset investments 1$ measured 88 at the balance sheet date as follows-. Lisled securit¥ at mid market value., Listed securities held in foTeign ¢urffjneies al mid market value and tran818ted into thelr sterling equivalent al th8 accounting data., Government Securrties al mid market value and do not indude interest accrued. Unrealised gains and losses are induded tsn the statement of financial aetlvitles. 1.7 Cash and cash equlvalonts Cash and cash equivalents Include cash in hand, deposits held at call wilh banks, other short-lerm liquid inve$lmenl$ wlh original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within bOrrOngS in current liab41ilies. 1.8 Flnanclal Instbwm•nts Th8 Charity has elected lo apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12 'oth8r Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recoyni5ed in the Charity's balance sheet %then the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial stslemenls, en there 1$ a legally enforceablè right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and setue the li8billty simultsneou81y. 8aslc flnanclal assets Basic financial a$sel$. whith indude debtors and cash and bank balances, are initialty measured at transaction price induding transaction costs and are subsequently carried al amortised c05t using the effective intsresl methgd unle$$ the arrangement conslitules a financing transaction, wher8 the transath'on is measured at th8 present value of the future receipts discounted al a market rate of interest. Financial assets classjfied as receivable within one year are not amortised. B8sffC flnanclal Ilabllftles Basic financial liabilities, including creditors and bank108ns 8Te initially recogni8ed al transaclion Pri unths Ihe arrangement conslituies a financing transaclion, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financral liabilities da$sified as payable within one year are not amortised. Debt instruments 8re 8ub8equenlty carried al amortised cost, using the effedive interest rale method. Trade eredllors are obllgalions lo pay for goods or services that have begn awuired in the ordinary Course of operations from suppliers. Amounts payable are classified as current liabilities if payment 1$ due wrthin one y8ar or less. If not. they are presented as non-current liabilities. Trade creditors are reeognised Inltlally at Iransaction price and subsequently measured al amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilitie5 are derecognised when the chari$ contractual obligations expire or are discharged or cancelled.
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Investments Unrestrfctsd Unrestricted fund8 fvnds general general 2026 2024 Income trom listed investments Interest receivable 97,021 1.289 111,839 3,069 98.310 114.908 Ralslng funds Unrestrlctsd funds capital 2026 Totsl 2024 Investsnenl managemwt 26,886 26,563 26,886 26,563 Charltable actlvStles Charltsble Charltable Expondlturo ExndItur0 Governance Grants Total 2025 Total 2024 Grant funding of a¢tivilies (see note 51 Share of govemance costs (see note 61 100,943 1,943 17,530 99,790 17,224 17.530 17.530 100.943 118.473 117,014 Analys18 by fund Unrestricted funds- revenue Unrestricted fvnd$- capital 5.405 12,125 100,943 106.348 12.125 17.530 100,943 118.473 For the Ygar endod 31 Decemb•r 2024 Unrestricted fursds- revenue Unrestricted funds- capital 5,036 12.186 99.790 104.826 12,188 17.224 99,790 117.014 10-
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Grants payable 2025 2024 Grants to institutbons: Kin9swood T(ust Hourglass Rosebery Centre ltshire Rural mUC The 8efriending Scheme Bury St Edmunds Men's Shed Ilshire & Sw'ndon Communty We Ar8 Lislaning Oakley Rural Day Centre ExeAccess Adopt a Grandparent Rerninisen¢e Learning Bridgend Centre Deaf Blind UK Hearts & Mirnls Swan Guild Care Armonico Con80rt Independ8ntAg8 Twilight Kindness Royal Voluntary SeMC8 Age UK Eallng Sherboume VolunlaryAmbulance Our Speual Friends Time lo Talk Befriendlng Cavell Revit81ise Liverpool Round Table Woollon Round Table Reengage D8rtmoulh Caring Community R&source Westwood 2015 Open Age Imltshire Community Foundallon Suffolk Community Foundation West Somerset Railway Assoc Boxes of Baslcs Lindengate sifonia viva Dolphin Soclety Dressabilily 2.000 3,000 1.000 2,000 7,000 5,000 8.000 soo 5CK) 1.5 2,5C 2,OW 1.818 2,500 2.000 3,000 5.000 3.000 2,000 5,000 3,000 2,500 10,000 3,000 I.0 3,0 12,WOI 12,375 8,250 500 5,000 3.000 2,000 3,000 3.ODO 2,640 10,IX)O 2,000 2.1)00 3,000 2,000 11.250 7.500 2,000 2.000 1.900 1,500 5,000 10,000 5,000 1,500 2,000 5,000 1,500 5,000 1.000 100,943 99.790 11
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2025 Support ¢osts Support Governance Costs 2025Support costs Goveman costs 2024 Audrt fees Accountancy Legal and prof¢$sional 730 16.800 730 16.800 700 15.624 900 700 15,624 900 17.530 17,530 17,224 17,224 Analysed between Charitable activities 17.530 17,S30 17.224 17,224 Trustoes Ngne of the Trustees {or any persons connected with them) received any remuneration or benefits frcrn the Charity during the Year. Employee5 Th8r8 were no employees during the Year. Other Total Unrestricted funds general 2024 2025 Bank Charge8 12-
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2025 10 Net galnsl(losse$l on Invèsthiènts Unrgstrlctsd Unrestricted funds funds ¢apFtal capital 2025 2024 Revaluation of investments Gainl{lossl on sale of investments 311,155 7,627 173,141 (10,8171 318,782 162,324 11 Flxed asset inv•stm8nts List•d investments Cost or valuation At 1 January 2025 Additions Valuation changes ProfiVllo$sl on sales Disposals 3,632,414 807,218 311.155 7.627 1865,931) Al 31 Decemb8r 2025 3,892.483 Carylng amount At 31 December 2025 3,892.483 At 31 December 2024 3,632.414 12 Debtovs 2025 2024 Amounts falllng due wlthln on• y••r: Dividends ReceNable 854 1,728 13 Creditorn: amounts falllng due wlthln one year 2025 2024 H M Revenue & Customs Accruals and deferreil incomè 470 5,026 470 7,564 5,496 8,034 13-
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2025 14 Analy$ls of not assets be**een funds Unreslricted Unrestrlcted funds revenue funds ¢apttal 2025 2025 T¢)lal Total 2025 2024 Fund balances at 31 December 2025 are Tepresented by.. Investments Current assetsl{liabilitiesl 3.892,483 3,892,483 3.632,414 78,640 82,617 70.953 3,977 3.977 3.971,123 3,975,100 3,703,367 15 Relaled party tran$actlons There were no disd05able related party transactions during the Year (2024- none). 14-