DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST UNAUDITED ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2025 CHARITY NUMBER- 213795
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5TH APRIL 2025 The Trustees present their annual report and financial statements of the charity for the year ended 5th April 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's trust deed, 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 IFRS 102) (effective 151 January 2019). OBJECTIVES AND ACTIVITIES The objects of the Trust are set out in clause 2 of the Settlement Deed which provides that the trustees are to apply the income (with power to apply capital) for the furtherance of such charitable bodies, charitable institutions or charitable purposes as the trustees shall in their absolute discretion think fit. The Trust carries out these objects by providing grants to other registered charities and organisations providing benefit to the general public. Grant making policy: The Trust makes donations to charities dealing with education, health, the arts, social welfare. and the environment with a strong, but not exclusive, leaning towards local Merseyside charities. Grants are made only to charities known to the trustees and unsolicited applications are therefore not considered. No grants are made to private individuals. Public benefit: In planning the Trust's grant making the trustees have given consideration to the Charity Commission guidance on public benefit. Achievements and Perfonnance Investments have been managed throughout the year by the Investment Managers, with performance being monitored by the trustees. The Trust has therefore been able to maintain its grant-making programme. Grants were awarded to 78 (2024.. 73) charities ranging from £500 to £6,500 (2024: £1.000 to £9,000). Financial Review Income from investments totalled £185,825 (2024: £173,571) was received during the year. This funded grants of £177,000 (2024.. £173.500) to charitable organisations. Capital investments were valued at £5,130,207 (2024.. £5,109,626) at the year end. Investment Policy and Powers Investments are managed on the basis of a balanced investment objective beeen capital growth and income with a medium risk profile. However. the Charity is a long-term investor, and the trustees remain of the view that the mixed portfolio of equities, bonds, cash, and other investments, weighted according to the appetite for risk, remains appropriate. The trustees consider that this approach stabilizes resources available for grant making, thereby facilitating longer term grants and a more stable number of awards.
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5TH APRIL 2025 Risk Management The main risks to which the charity is exposed as identified by the trustees have been considered and systems have been established to mitigate those risks. The trustees consider variability of investment returns on the Trust Investments to constitute the Charity s major financial risk. Recent extreme volatility in World Stock Markets has demonstrated this risk. Reserves Policy The trust deed permits the spending of capital; the trustees have, however, agreed to retain the capital for the time being and to invest it to produce income to make grants. The trustees are managing the reserves to balance the needs of current and future beneficiaries. It is not anticipated that the needs of beneficiaries will diminish over time. Plans for the Future The objectives remain unchanged for the future-, the intention is for continued investment management on a consistent basis and distribution of income to charitable organisations. Structure, Governance and Management The Amelia Chadwick Trust is a registered charity, number 213795 and is constituted under a Trust Deed dated 17th October 1960. It was established by an initial gift from Henry Percy Bibby in 1960 and by a further three supplemental gifts. Organisation, management and delegation At regular meetings, the trustees agree the broad strategy and areas of activity for the trust, including consideration of grant making, investments, reserves and risk management policies. However, the day to day administration of grants and the processing and handling of applications prior lo consideration is delegated to its corporate trustee, Liverpool Charity and Voluntary Services. The trustees do not themselves engage in charitable activities other than the making of charitable donations. The Trust does not activelyfundraise, and the Trust's work is entirely reliant on income returns from its investments. It seeks to continue the charitable work desired by the donor through the careful stewardship of its existing resources. Key management are considered to be the board of trustees. No remuneration is paid lo any trustee, with the exception of the corporate trustee, Liverpool Charity and Voluntary Services who receive a fee for services provided. Further details of this are set out in note 12. Recruitment and appointment of new trustees.. The statutory power of appointing new trustees applies to the Trust Deed. The power of recruiting and appointing new trustees is vested with the existing trustees.
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5TH APRIL 2025 REFERENCE AND ADMINISTRATIVE DETAILS Name The Amelia Chadwick Trust Charity number Principal Office 213795 LCVS 151 Dale Street Liverpool L2 2AH Trustees During the year under review, the trustees were as follow A Behrend M Dawson AJ Turner Liverpool Charity and Voluntary Services (LCVS), a corporate Irustee, which is incorporated under Ihe Companies Act as a company limited by guarantee without share capital as company number 181759, a registered charity, number 223485, and a charitable Trust Corporation. LCVS trustees, who are also its directors, were as follows during the year. Sonia Bassey MBE Mike Thomas LCVS Chair LCVS Treasurer Dorcas Akeju Sonia Bassey MBE Maxine Ennis Anna James (Appointed 17th October 2024) Dr Hardamanjit R Kaur (Appointed 17th October 2024) Ken Perry (Resigned 2nd September 2024) John Price (Resigned 4th November 2024) Anne M Reading (Appointed 17th October 2024) Michael Salla Louise Scholes Gemma Shone James Sloan Neil John Stumiey Mike Thomas (Resigned 30th June 2024) Secretary Accountants Helen Rotheram LCVS 151 Dale Street Liverpool L2 2AH
DrLSan En1( ID." B&3B354gol4S2D.BFfiFsrX)EFAAc THE AMELIA CHADWICK TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5Th APRIL 2025 Independent Examlner Tony Stanley ACA Mitchell Charlesworth 14th Floor, The Plaza Old Hall Street, Liverpool, L3 9QJ Evelyn Partners Royal Liver Building. Pier Head, Liverpool. L3 1 NY Investment Manager TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordan wth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charilies in England and Wales requires the charily trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently; • observe the methods and principles in the applicable Charities SORP. • make judgements and estimates thal are reasonable and prudent: • state whether applicable accounting standards have been followed. subject to any rnaterial departures that must be disclosed and explained in the financial statements: prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure Ihat the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and Ihe provisions of the Trust deed. They are a150 responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the Trustee, Liverpool Charity and Voluntary Services. Mike ftFa*:" tCVS Trustee 18 December 2025 Date
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE AMELIA CHADWICK TRUST I report lo the trustees on my examination of the accounts of The Amelia Chadwick Trust for the year ended 5th April 2025. This report is made solely to the charity's trustees. as a body, in accordance with Section 145 of the Charities Act 2011. My examination has been undertaken so that I might state to the charity's trustees those matters l am required to state to Ihem in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity s trustees as a body, for my examinalion, for this report, or for the opinions I have fomied. Responsibilities and basis of report As the charity 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 accounls as carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)Ibl of the Act. Independent examiner's statement Your attention is drawn to the fact that the charity has prepared accounts in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019. I have completed my examinalion. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. 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; or 3. the aGGounts do nol comply with the applicable requirements Goncerning the form and content of accounls set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concems 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. Tony Stan ey ACA Mitchell Charlesworth 14th Floor, The Plaza Old Hall Street, Liverpool, L3 9QJ Dated: 18 December 2025
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2025 Unrestricted Funds Capital Funds 2025 Income Funds 2025 Total 2025 Total 2024 Income from: Investments Notes 181,237 4,588 185,825 173.571 Total income 181,237 4,588 185,825 173,571 Expenditure on: Raising funds Charitsble activities 10,776 189,454 1,427 12,203 189,454 11,332 185,560 Total expenditure 200,230 1,427 201,657 196,892 Net (loss) {18,993) 3,161 {15,832) (23,321) Net gain on investment 17,420 17,420 82,522 Net movement in funds {18,993) 20,581 1,588 59,201 Reconciliation of funds.. Total funds brought forward 195,527 5.109,626 5.305,153 5,245.952 Total funds carried forward 10-11 176.534 5,130,207 5,306,741 5,305,153 The notes on pages 9 to 17 form part of these accounts. The net movement in the funds in the year is derived from the continuing activity of the charity. All of the charity's funds are unrestricted for years ended 5th April 2025 and 5th April 2024.
DrLSan En1( ID." B&3B354gol4S2D.BFfiFsrX)EFAAc THE AMELIA CHADWICK TRUST BALANCE SHEET AS AT 5TH APRIL 2025 51h Aprll 2025 5th Aprll 2024 Flxed assets Investments Notes 5,130,207 5.109,626 Current assets Debtors Bank & Cash balances 2.305 177,433 732 199.645 179,738 200,377 Current liabilities Creditors (3.204) 14.850} Net current assets 176.534 195,527 Net assets 5,306,741 5,305,153 The funds of the charity: Income funds Capital funds 176,534 5,130,207 195,527 5,109,626 10.11 5,306.741 5.305,153 Approved and authorised for issue by the Trustees and signed on thelr behalf by Mike Thomas - LCVS Trustee On behalf of LCVS 18 D¢¢embèr 2025
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2025 1. ACCOUNTING POLICIES Basis of Accounting The financial statements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) (SORP 2019) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS1021 (effective 1 St January 2019) and the Charities Act 2011. The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The trust constitutes a public benefit entity as defined by FRS 102. The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The Charity has taken advantage of the provisions in Ihe SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Going concern At the time of approving the accounts, the trustee has reasonable expectation that the charity has adequate reserves to continue in operational existence for the foreseeable future. Thus the trustee continues to adopt the going concern basis of accounting in preparing the accounts. Investments Investments held as fixed assets, in accordance with SORP 2019, are stated and included in the balance sheet at their market value at the year-end or at the valuation date nearest to the year end. UK listed securities and foreign securities quoted on a recognised stock exchange are stated at market values ruling at the year end. Investments denominated in foreign currencies are translated using the sterling rate of exchange ruling at the year end. Unit Trust and managed fund investments are stated at the average of the bid and offer prices quoted by the Trust's managers nearest to the year end. The Statement of Financial Activities includes unrealised gains and losses arising from the revaluation of the investment portfolio. The trustees consider that the cash held as part of the portfolio to be cash at bank, and it is included in the balances at bank. Fund accounting Unrestricted funds are considered 'free' reserves and are available for use or retention at the discretion of the Trustees, in accordance with the charity's objectives. Free reserves are undesignated funds available forthe furtherance ofthe general objectives ofthe charity. Income recognition Income from investments comprises dividend income and interest and are recognised when the amount is certain.
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2025 Expenditure recognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual basis. All expenses. including support and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities. Raising funds costs relate to expenses incurred in the management of the investment assets. Charitable activilies include grant funding, along with associated support costs, to beneficiaries. These are dealt with in the Statement of Financial Activities when payment has been approved by the charily. Governance costs relate to compliance with constitutional and statutory requirements and specifically include all costs incurred by the charity in producing the Annual Report. Charitable activities include grant funding, along with associated support costs, to beneficiaries. These are dealt with in the Statement of Financial Activities when payment has been approved by the charity. Governance costs relate to compliance with constitutional and statutory requirements and specifically include all costs incurred by the charity in producing the Annual Report. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when 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 statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest melhod unless the arrangement constitutes a financing transaction, where the Iransaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. io
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2025 Basic financial liabilities Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or canlled. Taxation The charity benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions. The charity is not able to recover Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT. Critical Accounting Estimates and Judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. No critical accounting estimates or judgments were made in the preparation of these financial stalemenls. 2. Income and endowments from: Income Funds 2025 Capital Funds 2025 Total Total 2025 2024 Investments Investments dividends and interest 181,237 4,588 185,825 173,571 Income from investments for 2024 related wholly to income funds. li
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2025 3. Expenditure on Raising funds: Income Funds 2025 Capital Funds 2025 Total Total 2025 2024 Investments management fees 10,776 1,427 12,203 11,332 Investments fee for 2024 related wholly to income funds 4. Expenditure on charitable activities: a. Analysed as follows: 2025 2024 Unrestricted Unrestricted Funds Funds Direct charitable expenditure.. Grant funding Grant making administration costs LCVS 177,000 9,250 173,500 8,950 186,250 182,450 2025 2024 Support & Governance costs.. Administration Accountancy Independent examination 750 500 1,954 750 500 1,860 3,204 3,110 Totsl expenditure on charitable activities 189,454 185,560 Except for the Corporate Trustee, LCVS, trustees are not remunerated for their services. No expenses were reimbursed to trustees during the year (2024.. none). 12
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2025 The following grants were made during the year.. All unrestricted donations are to charitable institutions. As per the trustee's annual donation list. Grants to organisations of £1,000 and over Age Concern Liverpool Age Uk Kensington & Chelsea Alport Uk Alzheimers Research Uk Alzheimerfs Society Birkenhead Ymca British Red Cross Brilish Red Cross (Liverpool) Centrepoint Claire House Hospice Compass Coram Beanstalk Cpre Croxteth Gems Deaf Active East Liverpool Rda Farms For City Children Foodcyle Bootle Fortune Centre Of Riding Therapy Givedirectly Uk Imagine Independence Involve Nw Kind L'arche Ltd - Liverpool LCVS Everyday Changes Fund LCVS General Funds Liverpool Dyslexia Association Liverpool In Arms Liverpool Ymca Médecins Sans Frontières (Uk) Medical Aid To Palestinians Merseyside Adventure Sailing T Merseyside Holiday Service Merseyside Water Rescue Micah Liverpool North Liverpool Foodbank Opening Doors Project Outward Bound Trust Oxfordshire Dyslexia Assoc Personal Support U Positive Futures Liverpool Priority Youth Project Prisoners, Education Trust 1,450 2,500 6,000 3,000 2,000 1,450 6,000 1,200 2,000 2,700 2,000 2,000 2,000 3,000 1,000 3,000 2,000 1,000 1,000 3,000 2,000 2,000 4,000 2,700 6,200 1,200 3,000 2,000 2,000 3,000 6,500 3,000 6,000 2,000 3,000 5,000 2,000 2,000 2,000 2,000 1,000 2,000 2,000 13
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2025 Grants over £1,000 continue Pss Rnli (West Quay Road) Royal Liverpool Philharmonic Salvation Army Liverpool Sefton Childrens Trust Shrewsbury House Liverpool South Liverpool Foodbank Ss John & Elizabeth Charity Stick 'N' Step Sue Ryder Unicef Unicef United Kingdom West Everton Community Council Womens Heath isc Whitechapel Centre Wirral Brook Advisory Wirral Churches Ark Project Wirral Citizens Advice(Wirral Wirral Foodbank Wirral Hospice St John's Wirral Women's & Children's Ai World Animal Protection 1,950 1,000 2,900 1,450 1,000 1,450 5,000 1,500 2,000 2,000 5,000 4,000 2,000 2,000 3,000 3,000 3,000 3,000 5,000 1,450 1,450 2,000 170,050 6,950 Grants under £1,000 Total grants 177,000 14
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2025 5. Fixed Asset Investments 2025 2024 Quoted Investments Fair value at 6th April 2024 Disposal proceeds Acquisitions and adjustments at cost Realised gain on investment assets Unrealised (losses)Igains on investment assets 5,008,576 4,926,054 {3,280,160} 3,544,894 1,328,651 (1,485,203) 2,469 80,053 Market Value at 5th April 2025 5.116,758 5.008,576 Investment capital account 13,449 101,050 Total investments 5.130,207 5,109,626 Book Value at 5th April 2025 4.480,781 2.887,397 Fixed asset investments are managed by Evelyn Partners and are held in custodianship, in an account designated for clients, registered in the name of nominee company Pershing Securities Limited. 6. Debtors 2025 2024 Accrued income 2,305 732 7. Cash at Bank and in Hand 2025 2024 Evelyn Partners- cash income LCVS 6,143 171,290 2,804 196,841 177,433 199,645 8. Creditors 2025 2024 Accountancy fee LCVS Independent examination fee 1,250 1,954 1,250 3,600 3,204 4,850 15
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2025 9. Financial instruments 2025 2024 Carrying amount of financial assets: Debt instruments measured at cost 179,738 200,377 Equity instruments measured at fair value through income and expenditure 5,130,207 5,109,626 Carrying amount of financial liabilities: Measured at cost 3,204 4,850 10.Analysis of Net Assets between funds Fixed Asset Investments Net Current Assets Total 2025 2025 Unrestricted Funds: Capital Fund Income Fund 5,116,758 13,449 176,534 5,130,207 176,534 5.116,758 189,983 5.306,741 Fixed Asset Investments Net Current Assets Total 2024 2024 Unrestricted Funds: Capital Fund Income Fund 5,008,576 101,050 195,527 5,109,626 195,527 5.008,576 296,577 5,305,153 11. Unrestricted Funds Reserves at beginning of year Surplusl (deficit) for year Net (losses)l Reserves a gains on of year investment end assets 2025 Capital Fund Income Fund 5,109,626 195,527 3,161 (18,993) 17,420 5,130,207 176,534 5,305,153 (15,832) 17,420 5,306,741 16
DoGusign Envelope ID.. 2A2BD5AC-3B3&4991-852D-BFBF5tXJ6FAAC THE AMELIA CHADWICK TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2025 Reserves at beginning of year Surplusl Net (losses)l Reserves a (deficit) gains on of year end for year investment assets 2024 Capital Fund Income Fund 5,027,176 218,776 (72) (23,249) 82,522 5,109,626 195,527 5,245,952 (23,321) 82,522 5,305,153 Capital Fund.. Funds held to provide income for the ongoing activities of the trust. Income Fund.- Investment income received for distribution as grants to charitable voluntary organisations. There were no restricted funds received during the year or held at the year end (2024.. £Nil) 12. Related Party Transactions Charitable Activities.. these include: Grants totalling £7,400 (2024." £7,400) to LCVS in support of the work it carries out and £9,250 (2024: £8,950) grant making administration costs payable to LCVS. Support and govemance Costs." these include £1,250 (2024: £1,250) payable to LCVS in respect of accountancy and trust administration. Creditors.. these include £1,250 (2024.. £1,250} owing to LCVS at the year end. Also LCVS holds £171,29012024.' £196,841) see note 7. LCVS is related to the Trust by virtue of being the corporate trustee. A Turner a trustee of Amelia Chadwick Trust is also a trustee of Alport Ltd who received an grant of £6,000 (2024.. £6,000) 17