## **THE DOWAGER COUNTESS ELEANOR PEEL TRUST**
_Charity Registration No: 214684_
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
**The Dowager Countess Eleanor Peel Trust Contents Year ended 31 March 2025**
||**Page**|
|---|---|
|Legal and administrative information|2|
|Report of the Trustees|3-9|
|Report of the Independent Auditors|10-13|
|Statement of Financial Activities|14|
|Balance Sheet|15|
|Cash Flow Statement|16|
|Notes forming part of the Financial Statements|17-24|
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Charity Information Year ended 31 March 2025**
|**Trustees**|Professor M A Pearson – Chair|
|---|---|
||C Burgess|
||D J Parkinson|
||Professor C P Sibley|
||Professor C H Toh CBE|
|**Registered Office**|50 Fountain Street|
||Manchester|
||M2 2AS|
|**Investment manager**|CCLA Investment Managers Limited|
||1 Angel Lane|
||London|
||EC4R 3AB|
|**Solicitors**|Hill Dickinson LLP|
||50 Fountain Street|
||Manchester|
||M2 2AS|
|**Auditor**|Mitchell Charlesworth (Audit) Limited|
||3rdFloor|
||44 Peter Street|
||Manchester|
||M2 5GP|
|**Bankers**|Handelsbanken Bank|
||First Floor|
||Beckett House|
||Poulton-Le-Fylde|
||FY6 8JX|
|**Charity registration number**|214684|
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Trustees Report Year ended 31 March 2025**
The Trustees present their report together with the audited financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Trust’s governing document, 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 issued in October 2019.
## **Structure, governance and management**
## **Legal structure**
The Dowager Countess Eleanor Peel Trust was established under a trust deed dated 3 May 1951. This was in pursuance of the Will of Dowager Countess Eleanor Peel who died on 9 November 1949. The Trust Deed provides that the income of the Trust Fund (and in certain cases the capital thereof) should be paid or applied for such charitable purposes as the Trustees should think fit. They are enjoined to have particular regard for medical charities, charities for old people and those who have fallen on hard times through no fault of their own and the charitable bodies specified in the Schedule to the Trust Deed. They are prohibited from giving money to charitable bodies substantially under the control of central or local government or charitable bodies primarily devoted to children.
The Registered Charity Number is 214684
## **Trustees**
The Trustees acting throughout the year were:
Professor M A Pearson – Chair R M Parkinson (resigned 27 March 2025) C Burgess (appointed 3 October 2024) D J Parkinson Professor C P Sibley Professor C H Toh CBE
## **Appointment of Trustees**
Trustees are appointed by the agreement of existing trustees, following advertisement of the vacancy, and a structured selection process against a job description and person specification. Prior to appointment, prospective trustees selected for appointment are invited to a meeting to observe. On appointment, new trustees are provided with a copy of the Trust Deed, a brief history of the Trust and the most recent annual report and accounts. Copies of previous Trustees’ meeting minutes and papers are available to the new trustee.
The Trustees were delighted to appoint Ms Catherine Burgess on 3 October 2024, following an open and competitive process, during which three applicants were interviewed. Ms Burgess brings significant experience of the health and care sectors in Lancashire, including the voluntary sector.
Mr Michael Parkinson resigned as a Trustee on 27 March 2025, following 25 years’ service, which he fulfilled with exceptional and unwavering commitment.
Trustees are permitted by the Trust Deed to receive remuneration of up to 10% of income. Trustees’ remuneration is reviewed annually. Discretionary payments may be awarded from time to time provided that the 10% threshold is not exceeded.
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Trustees Report Year ended 31 March 2025**
## **Statement of Trustees’ responsibilities**
The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Trust and of the incoming resources and application of resources of the Trust for that period. In preparing these financial statements, the Trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP 2019 (FRS 102);
- Make judgements and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Trust will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Trust and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Grant making policy, aims and objectives and public benefit**
The Trustees confirm that they have referred to the guidance contained in the Charity Commission General Guidance on Public Benefit when reviewing the Trust’s aims and objectives, planning future activities and agreeing grant making policies. In particular, the Trustees scrutinise all applications very carefully including, where appropriate, reviewing the latest available annual Report and Accounts, to ensure that grants awarded are for public benefit. Indeed, in most instances, the Trust makes grants to other registered or exempted UK Charities (including educational and other relevant institutions) as the Trustees consider such organisations, established as they are for public benefit, are best placed to be parties in support of its charitable objectives.
The trustees have agreed to adopt the Charity Commission Governance for smaller charities.
In accordance with the Trust Deed, the Trustees can apply the income and capital for such charitable purposes as they shall from time to time think fit. However, without prejudice the Trustees are primarily directed to make grants to:
1. Charitable bodies administering:
- (a) Medical charities including medical research;
- (b) Charities in connection with old people;
- (c) Charities assisting people who have fallen upon hard times, through no fault of their own; and
2. Various charitable bodies specified in the Trust Deed
The Trust Deed prohibits Trustees from making grants to charitable bodies primarily devoted to children (taken to mean under the age of 18) or which are under the control of central or local government.
An updated Grant Making Strategy was adopted on 3 October 2024 and is available at **www.peeltrust.com**
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Trustees Report Year ended 31 March 2025**
## **Grants Awarded**
68 grants to a value of £1,018,554 were awarded during the year. Grants totalling £655,313 were awarded for medical research and postgraduate travelling fellowships, whilst a total of £363,241 was awarded in “general” grants. Further details can be found in note 8 of the accounts.
A major medical grant of £329,947, the Professor Sir Robert Boyd Fellowship, was awarded in January 2025 from the designated income funds in the financial year ending 31 March 2025, following a competitive process involving universities in the Trustees’ preferred locations in Northwest England. The three-year award was made to Dr Christopher Hyde at the University of Manchester. His Fellowship, which will commence on 1 July 2025, will address the contribution of the NLRP3 inflammasome to age-related inflammation.
## **Categorisation**
In each category of potential beneficiaries, Trustees will consider the following areas:
- i. Medical and health charities – research and care specifically aimed at benefitting older people, to include Alzheimer’s, Macular Disease, Prostate Cancer and Parkinson’s Disease.
- ii. Charities in connection with old people – Old Age, Homes, Carers
- iii. Charities for people fallen upon hard times – Disabled, Hospital, Hospices, Ex-services, Natural or Man-made disasters, Mental Health (including drug and alcohol addiction), Homelessness and Miscellaneous
- iv. Charities specified in the Trust Deed
- v. Other Charitable purposes including international charities (Not more than 7.5%)
## **The Trust’s Funding Schemes**
## **Medical Research Grants**
The Trust awards Medical Research Grants which are categorised as a “Minor Grant” (£25,000 or less) or a “Major Grant” (greater than £25,000 per annum for a defined research project for 1-3 years). Minor grants are awarded twice per year. The last major medical grant was awarded in January 2025, following an open competitive process, as the three-year Professor Sir Robert Boyd Fellowship. Further details of grants awarded can be found in note 8 of the accounts.
## **Post-graduate Travelling Fellowships**
The Trustees make a number of grants once per year to enable medical or other health professional members to increase their knowledge or research experience at a centre of excellence, usually in another country. It is normally expected that Travelling Fellows will return to apply their enhanced knowledge for the benefit of the health of the UK population. Further details of grants awarded can be found in note 8 of the accounts.
## **General Grants**
In accordance with the Trust Deed, Trustees make ‘general’ grants (normally up to £10,000) four times per year to charities in the North-West which support vulnerable people or ‘those who have fallen on evil times through no fault of their own’. Further details of grants awarded can be found in note 8 of the accounts.
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Trustees Report Year ended 31 March 2025**
## **Assessment of Applications**
## **Assessment Criteria**
The Trustees applied the following grant making criteria during the last accounting period:
1. The Trustees only support applications from charities operating in the “Preferred Locations” of Lancashire (especially Lancaster and District including all LA postcodes), Cumbria, Greater Manchester, Cheshire and Merseyside. The geographical restriction does not apply to Travelling Fellowship Grants.
2. Preference is given to smaller to medium sized charities where grants will make a difference. Applications for general grants from large well-funded charities (income in excess of £1.25 million per annum) will be rejected automatically if the application is for anything other than a capital project.
3. The Trustees will support project related applications and running cost applications in addition to capital projects from smaller charities (income up to £1.25 million) which operate in their preferred locations.
4. The Trustees scrutinise the financial position of all applicants. Those with Income Accounts showing a substantial surplus and/or large reserves, are unlikely to be supported.
5. The Trustees do make grants to disaster/emergency appeals which are considered on a case by case basis. 6. The Trustees aim to ensure that administration costs for applicant charities are minimised so that, as far as possible, only charities with a realistic chance of support should consider applying for a grant.
7. Charities receiving a grant in excess £10,000 will be required to provide a written report on the progress of the project supported. Ordinarily grants of in excess £50,000 will not be supported without a presentation to the Trustees.
## **Assessment Process**
All applications for Minor Medical and General Grants are first vetted by the Secretary for eligibility and those deemed eligible are then reviewed by two Trustees. Any applications rejected following Trustee review are listed in the agenda for the next Trustees’ meeting with the reason for rejection. Trustees can, and do, challenge the recommendations for rejection, so that all decisions about applications are agreed by the Trustee body. Applications for consideration at the Trustees’ meeting are presented with a report by the two Trustees undertaking the initial assessment and, in the case of general applications, a summary of the financial statements for the last complete year. In some cases, Trustees agree a grant conditional on further information being obtained, normally by the Chair. The Chair then seeks final approval from the Trustees once the supplementary information has been obtained and shared.
Applications for Major Medical Grants, such as the Sir Robert Boyd Fellowship, are sought from researchers in universities in the North West and assessed by a panel of at least three Trustees. Shortlisted applicants are interviewed by the same panel via video link, and the final selection for award recommended to the full Trustee body.
Applications for Travelling Fellowships are sought from across the UK through national advertisement in the medical professional press and assessed by a panel of at least two Trustees. Shortlisted candidates are then interviewed by video link by the panel and final selection for awards is recommended to the full Trustee body.
## **Knowledge of Beneficiaries**
The Trustees feel it is important to know the charities to which grants are or may be awarded. They will therefore from time to time arrange to visit a charity and/or arrange for a charity to make a report or presentation to all the Trustees.
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Trustees Report Year ended 31 March 2025**
## **Achievements and Performance**
The Trustees’ primary Key Financial Performance Indicator is income generation and they are satisfied with the actual income recorded of £654,515.
The value of the capital fund decreased in the year by £1,194,777 to £20,896,649. The decrease is predominantly driven by adverse market movements along with a transfer of £172,000 from the capital account to unrestricted and designated income funds. The Trustees continue to carefully monitor the performance of CCLA Investment Managers in respect of managing the investment portfolio.
## **Financial Review**
Total income received in the year increased by 2.8% to £654,515 as a result of higher distribution rate on the CCLA COIF Charities Investment Fund and an increase in the level of interest received on the cash balances. During the financial year, the Trustees reviewed the income distribution from the CCLA COIF Charities Investment Fund to ensure that the Trust is maximising the funds available for charitable distribution. It was determined that, as the CCLA COIF Charities Investment fund is run on a total return basis, the distribution policy of CCLA was currently favouring capital return over income which is having the effect of reducing the natural distribution yield. The Trustees determined that a 3.5% yield on the investment balance was optimal from an income perspective while sufficient to maintain capital over the long-term. As such the Trustees implemented a new policy to transfer capital to income at the start of each financial year to bridge the gap between the natural income generated from the investment portfolio and the 3.5%. In the year ending 31 March 2024, £172,000 was transferred from capital to income.
Grants to Charities specified in the Schedule to the Trust Deed amounted to £Nil and those not specified in the Schedule amounted to £988,062. Administrative and support costs relating to the Trust’s grant giving activities increased as suppliers passed on inflationary cost rises. For the year ended 31 March 2025, total net expenditure after distribution of grants, but before gains on investments, was £425,992 as shown in the Statement of Financial Activities on page 14. The Trust was in a net loss position predominantly due to the award of the major medical grant of £329,947 as noted below and additional funds available to distribute following the decision to transfer capital to income. The net assets of the Trust at 31 March 2025 were £21,027,797.
The Trustees previously made annual grants to the former Peel Studentship Trust at Lancaster University, as detailed in the appendix to the financial statements. While the Trustees continue to support students experiencing hardship at Lancaster University, following a review by Lancaster University, the Peel Studentship Trust has been dissolved. Our funding is now provided by a restricted grant directly to the Lancaster University. Regular reports are received from the University and from time-to-time presentations are given to the Trustees by students who received grants.
## **Reserves**
Under the terms of the Deed, the Trustees’ are able to expend both income and capital. For the year ended 31 March 2025 the Trustees have adopted a policy to transfer capital to unrestricted funds to enable charitable giving to equate to approximately 3.5% of the closing investment balance at the end of the prior financial year.
Given the ability to expend both income and capital there is no strict requirement to hold reserves as such. However, the Trustees have in place an Income Reserve Account (see note 14 of the accounts). In the prior financial year, the Travelling Fellowship awards were expensed through the income reserve account. In the current financial year these are expensed from unrestricted funds.
Designated income funds include the Income Reserve Account. The Income Reserve Account will continue to be used for major grant commitments such as the Professor Sir Robert Boyd Fellowship.
The Trustees intend to continue to transfer funds into the Income Reserve Account when available with £110,000 being transferred in the year ended 31 March 2025.
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Trustees Report Year ended 31 March 2025**
The current balance on the Income Reserve Account as at 31 March 2025 was £17,888.
## **Investment Policy**
The Trustees have wide powers of Investment in accordance with the provisions of the Trustee Act 2000.
Having completed their review of Investment Managers, the Trustees appointed CCLA Investment Management Ltd in July 2020 to manage the investment portfolio with the entire portfolio invested in the COIF Charities lnvestment Fund. The CCLA COIF Charities Investment Fund aims to provide both capital and income growth in real terms over the medium/long-term.
The Investment Policy was reviewed and approved by the Trustees in March 2025. The CCLA COIF Charities Investment Fund objective is aligned with the Investment Policy.
## **Risk Management**
The Trustees continually review the major risks to which the Trust is exposed and have established systems and procedures to manage those risks. The Trustees consider volatility of income generation to constitute the Trust’s major risk. The risk is mitigated by the decision by the Trustees to maintain the amount of income, excluding interest, available for charitable giving at 3.5% of the closing investment balance of the prior financial year. If the natural income from the COIF Charities Investment Fund is more than 3.5%, no capital will be transferred which serves to ensure capital preservation over the long-term. The level of income generated from the portfolio continues to be closely monitored by the Trustees.
The Trustees carefully consider the risk of fraudulent applications and have implemented new security procedures when approving and paying grants.
## **Public Benefit**
The very terms of the Trust Deed direct the Trustees to award grants which will be of public benefit, ie to charities concerned with medical research, supporting older people and people who have fallen on “evil days” [sic] through no fault of their own. In making grants principally to other registered or exempted UK Charities (including educational and other relevant institutions), the Trustees consider such organisations, established as they are for public benefit, are best placed to be parties in support of its charitable objectives.
## **Plans for Future Periods**
1. The Trustees will be undertaking a major review of their Grant Making Strategy during the financial year 2025/26, with a view to ensuring that their principles, priorities and funding schemes address the current needs of their Preferred Locations.
2. With two Trustee appointments to replace retirements since April 2023, no new Trustee appointments are anticipated.
3. The Trustees are committed to social diversity, equality and inclusion. The Trustees will continue to develop systems to identify whether, notwithstanding the directions in the Trust deed in respect of making grants to charities concerned with old people, any person or organization with a protected characteristic is being apparently unfairly disadvantaged in accessing funding, and will monitor the outcome of their decisions at each meeting.
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Trustees Report Year ended 31 March 2025**
## 27/06/2025
This report was approved by the Board of Trustees on ………………………… and signed on its behalf by:
**Professor M A Pearson MA PhD HonMFPH Chair**
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Independent Auditors report to the Trustees Year ended 31 March 2025**
## **Opinion**
We have audited the financial statements of The Dowager Countess Eleanor Peel Trust for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of cashflows and Notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
- give a true and fair view of the state of the charitable company’s affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the _Auditor’s responsibilities for the audit of the financial statements_ section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions Relating to Going Concern**
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other Information**
The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Independent Auditors report to the Trustees Year ended 31 March 2025**
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you if, in our opinion:
- the information given in the financial statements is inconsistent in any material respect with the trustees’ report; or
- sufficient accounting records have not been kept: or
- the financial statements are not in agreement with the accounting records: or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the statement of trustees’ responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Auditor’s responsibilities for the audit of the financial statements**
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:
- Enquiries with management, about any known or suspected instances of non-compliance with laws and regulations and fraud;
- Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness;
- Reviewing correspondence with the Charities Commission; and
- Reviewing board minutes
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Independent Auditors report to the Trustees Year ended 31 March 2025**
## **Extent to which the audit was considered capable of detecting irregularities, including fraud**
We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.
## **Identifying and assessing potential risks related to irregularities**
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we considered the following:
- the nature of the sector, control environment and organisation’s performance;
- the charitable company’s own assessment of the risks that irregularities may occur either as a result of fraud or error;
- the results of our enquiries of management and members of the Board of Trustees of their own identification and assessment of the risks of irregularities; and
- any matters we identified having obtained and reviewed the charitable company’s documentation of their policies and procedures relating to:
identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance;
detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;
the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations; and
the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas: (i) The presentation of the charitable company’s Statement of Financial Activities, (ii) the charitable company’s accounting policy for revenue recognition, (iii) the classification of restricted funds in the financial statements, and (iv) management override of controls. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.
We also obtained an understanding of the legal and regulatory framework that the charitable company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Charities Act, the Charities (Accounts and Reports) Regulations 2008 and the Statement of Recommended Practice - 'Accounting and Reporting by Charities' issued by the joint SORP making body.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with may be fundamental to the charitable company’s ability to operate or to avoid a material penalty. The key laws and regulations we considered in this context included employment law, health and safety at work, and GDPR.
## **Audit response to risks identified**
In addition to the above, our procedures to respond to risks identified included the following:
- reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with relevant laws and regulations described above as having a direct effect on the financial statements;
- enquiring of management and members of the Board of Trustees concerning actual and potential litigation and claims;
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Independent Auditors report to the Trustees Year ended 31 March 2025**
- performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;
- reading minutes of meetings of those charged with governance and reviewing correspondence with relevant authorities where matters identified were significant; and
- in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
## **Use of our report**
This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
## **Alison Buckley (Senior Statutory Auditor)**
**for and on behalf of Mitchell Charlesworth (Audit) Limited**
## **Statutory Auditor**
**3[rd] Floor 44 Peter Street Manchester M2 5GP**
**Dated:** 30/06/2025
**Mitchell Charlesworth (Audit) Limited is eligible for appointment as auditor under section 1212 of the Companies Act 2006.**
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**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Statement of Financial Activities**
## **Year ended 31 March 2025**
|**Unrestricted**
**Funds**
**Note**
**£**
**Income and endowments from:**
Investments
**4**
**639,749**
**_______**
**Total income and endowments**
**639,749**
**_______**
**Expenditure on:**
Charitable activities
**5**
**725,555**
**_______**
**Total expenditure**
**725,555**
**_______**
**Net income/(expenditure)**
**(85,806)**
**Transfers between funds**
**14**
**62,000**
**_______**
Net income/(expenditure) before
gains/(losses) on investments
**(23,806)**
**Net gains/(losses) on investments**
**10**
**-**
**_______**
**Net movement in funds**
**(23,806)**
**Reconciliation of funds**
Total funds brought forward
**137,066**
**_______**
**Total funds carried forward**
**113,260**
|**Designated**
**income**
**funds**
**£**
**14,766**
**_______**
**14,766**
**_______**
**354,952**
**_______**
**354,952**
**_______**
**(340,186)**
**110,000**
**_______**
**(230,186)**
**-**
**_______**
**(230,186)**
**248,074**
**_______**
**17,888**
|**Designated**
**Capital**
**funds**
**£**
**-**
**_______**
**-**
**_______**
**-**
**_______**
**-**
**_______**
**-**
**(172,000)**
**_______**
**(172,000)**
**(1,022,777)**
**_______**
**(1,194,777)**
**22,091,426**
**_______**
**20,896,649**
|**As restated (Note 16)**
**Total**
**Designated**
**Designated**
**Funds**
**Unrestricted**
**Income**
**Capital**
**2025**
**Funds**
**funds**
**funds**
**£**
**£**
**£**
**£**
**654,515**
625,561
10,843
-
**_______**
**_______**
**_______**
**_______**
**654,515**
625,561
10,843
-
**_______**
**_______**
**_______**
**_______**
**1,080,507**
736,704
-
-
**_______**
**_______**
**_______**
**_______**
**1,080,507**
736,704
-
-
**_______**
**_______**
**_______**
**_______**
**(425,992)**
(111,143)
10,843
-
**-**
(90,000)
90,000
-
**_______**
**_______**
**_______**
**_______**
**(425,992)**
(201,143)
100,843
-
**(1,022,777)**
-
-
1,858,449
**_______**
**_______**
**_______**
**_______**
**(1,448,769)**
(201,143)
100,843
1,858,449
**22,476,566**
338,209
147,231
20,232,977
**_______**
**_______**
**_______**
**_______**
**21,027,797**
137,066
248,074
22,091,426
|**Total**
**Funds**
**2024**
**£**
636,404
_______
636,404
_______
736,704
_______
736,704
_______
(100,300)
-
_______
(100,300)
1,858,449
_______
1,758,149
20,718,417
_______
22,476,566
|
|---|---|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
**14 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Balance sheet Year ended 31 March 2025**
|||||||**As restated**|
|---|---|---|---|---|---|---|
||||**Designated**|**Designated**|**Total**|**Total**|
|||**Unrestricted**|**income**|**Capital**|**Funds**|**Funds**|
|||**Funds**|**funds**|**funds**|**2025**|**2024**|
||**Note**|**£**|**£**|**£**|**£**|**£**|
|**Fixed Assets:**|||||||
|Investments|**10**|**-**|**-**|**20,896,649**|**20,896,649**|22,091,426|
|**Current Assets:**|||||||
|Debtors|**11**|**150,820**|**899**|**-**|**151,719**|149,403|
|Cash and cash equivalents|**11**|**257,460**|**241,936**|**-**|**499,396**|574,530|
|||**_______**|**_________**|**_______**|**_______**|_______|
|||**408,280**|**242,835**||**651,115**|723,933|
|**Liabilities:**|||||||
|Creditors: amounts falling due within|**12**|**295,020**|**105,000**|**-**|**400,020**|338,793|
|one year|||||||
|||**_______**|**_______**|**_______**|**_______**|_______|
|**Net current assets**||**113,260**|**137,835**|**-**|**251,095**|385,140|
|**Total assets less current liabilities**||**113,260**|**137,835**|**20,896,649**|**21,147,744**|22,476,566|
|Creditors: amounts falling due after|**13**|**-**|**119,947**|**-**|**119,947**|-|
|more than one year|||||||
|||**_______**|**_________**|**_______**|**_______**|_______|
|**Net Assets**||**113,260**|**17,888**|**20,896,649**|**21,027,797**|22,476,566|
|||**______**|**______**|**______**|**______**|______|
|**The funds of the Trust:**|||||||
|Unrestricted funds||**113,260**|**-**|**-**|**113,260**|137,066|
|Designated income funds||**-**|**17,888**|**-**|**17,888**|248,074|
|Designated capital funds||**-**|**-**|**20,896,649**|**20,896,649**|22,091,426|
|||**_______**|**_______**|**_______**|**_______**|_______|
|||**113,260**|**17,888**|**20,896,649**|**21,027,797**|22,476,566|
|||**_______**|**_______**|**_______**|**_______**|_______|
**These financial statements were approved by the trustees on and are signed on their behalf by:** 27/06/2025
………………………… **Professor M A Pearson MA PhD HonMFPH Chair The notes on pages 17 to 24 form part of these financial statements**
**15 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST Statement of Cash Flows Year ended 31 March 2025**
|**Total**
**Funds**
**2025**
Note
**£**
**Cash flows from operating activities:**
**_Net cash used in operating activities_**
**A**
**(901,649)**
**________**
**Cash flows from investing activities:**
Dividends and interest from investments
**654,515**
Proceeds from sale of investments
**172,000**
Purchase of investments
**-**
**________**
**Net cash generated from investing activities**
**826,515**
**________**
**Change in cash and cash equivalents in the reporting period**
**(75,134)**
Cash and cash equivalents at the beginning of the report
**574,530**
**________**
**Cash and cash equivalents at the end of the reporting period**
**499,396**
**________**
**A**
**Reconciliation of net income/(expenditure) to net cash flow from operating activities:**
**2025**
**£**
**Net expenditure for the reporting period**
**(1,448,769)**
**Adjustments for:**
(Gains)/losses on investments
**1,022,777**
Dividends and interest from investments
**(654,515)**
(Increase)/Decrease in debtors
**(2,316)**
Increase/(Decrease) in creditors
**181,174**
Net cash used in operating activities
**(901,649)**
||**Total**
**Funds**
**2024**
**£**
(529,818)
**________**
636,404
-
-
**________**
636,404
**________**
106,586
467,944
_______
574,530
**________**
**2024**
**£**
1,758,149
(1,858,449)
(636,404)
11,493
195,393
(529,818)
|
|---|---|---|
**16 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **1. Accounting policies**
## **Charity information**
The Dowager Countess Eleanor Peel Trust is a Charity registered in England and Wales. The registered office is 50 Fountain Street, Manchester, M2 2AS.
## **1.1 Accounting convention**
The charity constitutes a public benefit entity as defined by FRS 102. The accounts (financial statements) have been prepared in accordance with 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 (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Practice.
## **1.2 Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **1.3 Funds structure**
The funds held by the Trust are unrestricted funds, which can be used in accordance with the charitable objectives at the discretion of the Trustees.
The income Account is an unrestricted fund used for the day-to-day purpose of supporting the operations of the Trust, Transfers are made from this account to the other funds to support specific grant making activities.
The Income Reserve Account is held to cover major future grants.
The Capital Account is held for the purpose of income generation.
## **1.4 Income recognition**
Interest on funds held in deposit is included when receivable and the amount can be measured reliably by the Trust; this is normally upon notification of the interest paid or payable by the bank. Income on investments is included when receivable and the amount can be measure reliably by the Trust. This is normally on the date the fund declares a distribution (ex-dividend) date.
CCLA provide a rebate to the Trust of some of the investment fees charged at the fund level. This rebate is recognised within income when received.
**17 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **1. Accounting policies (Continued)**
## **1.5 Expenditure recognition**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Trust 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 accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of financial activities. For more information on this allocation refer to Note 6.
Grants paid or payable in the year are treated as charges to the Statement of financial activities. Grants authorised but not yet due are charged to the Statement of financial activities in the year in which the commitment arises.
## **Allocation of Governance and Support costs**
Support costs have been differentiated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the Trust and its compliance with regulation and good practice.
## **Charitable activities**
The expenditure on charitable activities includes grants made, governance costs and support costs.
## **1.6 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. Bank overdrafts are shown within borrowing in current liabilities.
## **1.7 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial assets and liabilities are recognised when the Charity becomes party to the contractual provisions of the financial instrument. The Charity holds basic financial instruments which comprise cash at bank, trade and other receivables and trade and other payables.
Basic financial instruments such as social investments, debtors, bank balances and creditors are recognised at transaction value.
## **1.8 Fixed Asset investments**
Investments are initially recognised at their transaction value and subsequently measured at the published bid price as at the balance sheet date using the closing quoted market price. The Statement of financial activities includes the net gains and losses arising on revaluation.
The Trust does not acquire or use put options, derivatives or other complex financial instruments.
## **1.9 Realised gains and losses**
All gains and losses are taken to the Statement of financial activities as they arise. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.
**18 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **1. Accounting policies (Continued)**
## **1.10 Taxation**
The Charity is exempt from corporation tax on its charitable activities.
## **2. Critical accounting estimates and judgements**
There are currently no significant judgements and estimates applied by the Trust which are considered key to the preparation of the financial statements.
## **3. Legal status of the Trust**
The Dowager Countess Eleanor Peel Trust was established under a trust deed dated 3 May 1951. This was in pursuance of the Will of Eleanor Dowager Countess Peel who died on 9 November 1949. The Trust Deed provides that the income of the Trust fund (and in certain cases the capital thereof) should be paid or applied for such charitable purposes as the Trustees should think fit. They are enjoined to have particular regard for medical charities, charities for old people and those who have fallen on hard times through no fault of their own and the charitable bodies specified in the Schedule to the Trust Deed. They are prohibited from giving money to charitable bodies substantially under the control of central or local government or charitable bodies primarily devoted to children.
## **4. Investment income**
|**Investment income**|||
|---|---|---|
|Income from investment funds
Interest Income|**2025**
**£**
**633,492**
**21,023**
**654,515**|**2024**
**£**
621,587
14,817|
|||636,404|
Of the investment income received in the year, £14,766 (2024: £10,843) was attributable to designated income funds, £Nil (2024: £Nil) was attributable to the designated capital fund and £639,749 (2024: £625,561) was attributable to unrestricted funds.
## **5.**
## **Expenditure on charitable activities**
|**Grant expenditure (Note 8):**
Grants payable to charities not specified in the schedule to the Trust
Deed
Grants payable to charities specified in the schedule to the Trust
Deed
Travelling fellowship awards
**Grant related support costs:**
Governance and support costs (Note 6)|**2025**
**£**
**847,987**
**-**
**140,075**
**988,062**
**92,445**
**1,080,507**|**2024**
**£**
542,906
-
103,385|
|---|---|---|
|||648,291
88,413|
|||736,704|
**19 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **5. Expenditure on charitable activities (continued)**
Of the expenditure on charitable activities incurred in the year, £354,952 (2024: £Nil) was attributable to designated income funds and £725,555 (2024: £736,704) was attributable to unrestricted funds.
## **6. Allocation of governance and other support costs**
|**Governance**
**£**
Trustees’
remuneration
**8,075**
Trustees’ expenses
**-**
Website &
Advertising
**-**
Secretarial Services
**-**
Audit &
Accountancy
**7,800**
Book-keeping
**-**
Other
**-**
**15,875**
||**Support**
**£**
**22,800**
**2,008**
**4,632**
**43,380**
**-**
**3,000**
**750**
**76,570**||**2025**
**Governance**
**£**
**£**
**30,875**
7,650
**2,008**
-
**4,632**
-
**43,380**
-
**7,800**
7,974
**3,000**
-
**750**
-
**92,445**
15,624
||**Support**
**£**
21,600
3,485
4,046
40,028
-
2,880
750
72,789
||**2024**
**£**
29,250
3,485
4,046
40,028
7,974
2,880
750
88,413|
|---|---|---|---|---|---|---|---|---|
## **7. Trustees’ remuneration and related party transactions**
|The following amounts were paid to the Trustees in respect of their services
as trustee:
R M Parkinson
Professor C P Sibley
Professor R T Ramsden
Professor M A Pearson – Chair
Professor C H Toh
D J Parkinson
C Burgess||**2025**
**£**
**4,750**
**4,750**
**-**
**9,500**
**4,750**
**4,750**
**2,375**
**30,875**
||**2024**
**£**
4,500
4,500
2,250
9,000
4,500
4,500
-|
|---|---|---|---|---|
|||||29,250|
Payments to the Trustees are permitted by the Trust Deed.
During the year, expenses totalling £2,008 (2024: £3,485) were reimbursed to 6 (2024: 6) Trustees. These were expenses incurred by Trustees in accordance with the expense policy which was updated on 3[rd] October 2024.
## **Related party transactions**
There were no related party transaction in the year or the previous year.
**20 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **8. Analysis of grants**
The Trust undertakes its charitable activities through grant making and awarded grants to a number of individuals and institutions in furtherance of its charitable activities.
|Balance payable brought forward
Previously awarded grants released
New grants awarded in the year
Net grant cost in the year (Note 5)
Grants paid in the year
Balance payable carried forward|**(30,428)**
**1,018,490**|**2025**
£
**305,303**
**988,062**
**1,293,365**
**(793,141)**
**500,224**|(16,040)
664,331|**2024**
**£**
135,666
648,291
783,957
(478,654)
305,303|
|---|---|---|---|---|
During the year grants were made to 68 (2024: 63) institutions for the following purposes:
|Medical charities including medical research
Charities in connection with old people
Charities assisting people who have fallen upon evil times through no fault of
their own
Scheduled charities
Other charitable purposes
Total grants made to charities
Travelling fellowship awards
**Total grants made**||**2025**
**£**
**484,746**
**36,130**
**287,111**
**-**
**40,000**
**847,987**
**140,075**
**988,062**
||**2024**
**£**
153,064
11,000
298,842
-
80,000
542,906
105,385
648,291|
|---|---|---|---|---|
## **9. Auditor’s remuneration**
The auditor’s remuneration constituted an audit fee of £7,800 (2024: £7,974) for the year to 31 March 2025 (inclusive of VAT). In addition, non-audit fees of £3,000 (2024: £2,880) were paid to the firm of auditors for the provision of book-keeping services.
**21 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
|**10.**
**Fixed asset investments**
**Capital account**
Market value brought forward at 1 April 2024
Additions to investments at cost
Disposals at carrying value
Net gain/(loss) on revaluation
**Market value as at 31 March 2025**
**Historical cost as at 31 March 2024**
Investments at market value comprised:
Pooled investment vehicle
**Market value as at 31 March 2025**
|**2025**
**£**
**22,091,426**
**-**
**(172,000)**
**(1,022,777)**
**20,896,649**
**18,826,540**
**20,896,649**
**20,896,649**
|**2024**
**£**
20,232,977
-
-
1,858,449
22,091,426|
|---|---|---|
|||18,826,540|
|||22,091,426
22,091,426|
All investments are carried at their market value. Holdings in common investment funds, unit trusts and openended investment companies are carried at the bid price.
|**11.**
**Analysis of current assets**
Accrued income
Cash and cash equivalents
**Total current assets**
**12.**
**Creditors: amounts falling due within one year**
Creditors and accrued charges
Grants payable
**13.**
**Creditors: amounts falling due after more than one year**
Grants payable|**2025**
**£**
**151,719**
**499,396**
**651,115**
**2025**
**£**
**19,743**
**380,277**
**400,020**
**2025**
**£**
**119,947**
**119,947**
|**2024**
**£**
149,403
574,530
723,933|
|---|---|---|
|||**2024**
**£**
33,490
305,303
338,793|
|||**2024**
**£**
**-**
**-**|
**22 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **14. Analysis of charitable funds – current year**
|**Balance at 1**
**April 2024**
**Unrestricted funds:**
Income account
137,066
**Designated income**
**funds:**
Income reserve account
248,074
**Designated capital funds**:
Capital account
22,091,426
**22,476,566**
|**Income Expenditure**
639,749
(725,555)
14,766
(354,952)
-
-
**654,515**
**(1,080,507)**
|**Transfers**
**Gains and**
**losses**
**Balance at**
**31 March**
**2025**
62,000
-
**113,260**
110,000
-
**17,888**
(172,000)
(1,022,777)
**20,896,649**
**- (1,022,777)**
**21,027,797**
|
|---|---|---|
## **Income account**
The Income account is an unrestricted fund used for the day-to-day purpose of supporting the operations of the Trust. Transfers are made from the income account to the other designated funds to support specific grant making activities.
## **Income reserve account**
The income reserve is held to cover major future grants and £110,000 (2024: £90,000) was transferred from the Unrestricted Reserve during the financial year.
## **Capital account**
The capital account is held for the purpose of income generation. Under the Trust Deed, the Trustees have the power to distribute funds from the account.
## **Analysis of charitable funds – previous year (as restated)**
|**Balance at 1**
**April 2023**
**Unrestricted funds:**
Income account
338,209
**Designated income**
**funds:**
Income reserve account
147,231
**Designated capital funds**:
Capital account
20,232,977
**20,718,417**
|**Income Expenditure**
625,561
(736,704)
10,843
-
-
-
**636,404**
**(736,704)**
|**Transfers**
(90,000)
90,000
-
**-**
|**Gains and**
**losses**
**Balance at**
**31 March**
**2024**
-
**137,066**
-
**248,074**
1,858,449
**22,091,426**
**1,858,449**
**22,476,566**
|
|---|---|---|---|
**23 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **15. Analysis of net assets between funds – current year**
||**Unrestricted**|**Designated**|**Designated**|**As at 31**|
|---|---|---|---|---|
||**funds**|**income funds**|**Capital funds**|**March 2025**|
||**£**|£|**£**|**£**|
|Fund balances at 31 March 2025 are|||||
|represented by:|||||
|Investments|||20,896,649|20,896,649|
|Current Assets|408,280|242,835|-|651,115|
|Creditors falling due within one year and|||||
|after more than one year|(295,020)|(224,947)|-|(519,967)|
||**113,260**|**17,888**
|**20,896,649**
|**21,027,797**|
|**Analysis of net assets between funds – previous year**|||||
||**Unrestricted**|**Designated**|**Designated**|**As at 31**|
||**funds**|**income funds**|**Capital funds**|**March 2024**|
||**£**|£|**£**|**£**|
|Fund balances at 31 March 2024 are|||||
|represented by:|||||
|Investments|-|-|22,091,426|22,091,426|
|Current Assets|349,182|374,751|-|723,933|
|Creditors falling due within one year|(212,116)|(126,677)|-|(338,793)|
||**137,066**|**248,074**|**22,091,426**|**22,476,566**|
## **16. Prior period adjustment**
In the prior year Travelling fellowship awards were shown in the Statement of financial activities as Expenditure on charitable activities under Designated income funds, it has been decided by the Trustees in the current year that this should be shown as Expenditure on charitable activities under Unrestricted funds.
A prior year adjustment has been made to show the Travelling fellowship awards of £105,385 as Expenditure on charitable activities under Unrestricted funds rather than Designated income funds. This has also resulted in a decrease in the transfers between funds from £195,385 to £90,000.
This adjustment has not resulted in a change to the Statement of financial activities funds closing position as at 31 March 2024 and no changes to the Balance sheet.
**24 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **Appendix A – Grants made to Charities specified in the schedule to the Trust Deed**
|Blind Veterans UK (formerly St Dunstan’s)
Ex-Services Mental Welfare Society
Family Welfare Association
Friends of the Elderly
The Friends of St Katherine’s House (formerly St John’s Hostels for Elderly Ladies)
(St Katherine’s House Appeal Wantage)
The Gibb Fellowship Fund (formerly British Empire Cancer Campaign)
Greater London Fund for the Blind
Guild of Age for Gentlepeople
Independent Age (formerly Royal United Kingdom Beneficent Association)
Invalid Meals of London (Invalid Kitchen of London)
League of Remembrance
MacMillan Cancer Support (formerly Macmillan Cancer Relief and Cancer Relief
MacMillan Fund)
Moorfields Eye Hospital London (formerly Moorfields Westminster and Central
Eye Hospital)
National Council of Social Service (formerly Old People’s Welfare Association)
Navy League
“Not Forgotten” Association
People’s Dispensary for Sick Animals
Queen Alexandra Hospital Home (formerly Queen Alexandra Hospital Home for
Disabled Ex-Servicemen)
Royal Blind Society (formerly Royal Blind Pension Society of the United Kingdom)
Royal British Legion (various branches)
Royal Eye Hospital League of Friends (formerly Royal Eye Hospital)
The Royal Marsden Cancer Campaign (formerly the Royal Marsden Hospital
Charity) (Royal Marsden Hospital) ( Royal Cancer Hospital)
Royal Medical Benevolent Fund
Royal Wanstead Children’s Foundation (formerly Royal Wanstead School)
St John’s Guild for the Blind Worthing
St Martin-in-the-Fields Christmas Appeal Fund
Schoolmistresses’ and Governesses’ Benevolent Institution
Shipwrecked Fisherman and Mariners’ Royal Benevolent Society
Society for the Assistance of Ladies in reduced Circumstances
2 Care (formerly SOS Society)
Winchester Hospital (Amenities Fund)|**Total**
**2025**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
_________
**-**
|**Total**
**To date**
**£**
**11,200**
**33,000**
**64,228**
**26,500**
**13,450**
**3,050**
**20,550**
**18,800**
**5,000**
**2,050**
**7,050**
**53,300**
**1,500**
**3,450**
**7,400**
**27,000**
**16,600**
**28,800**
**36,003**
**17,341**
**1,500**
**49,650**
**2,450**
**57,870**
**5,050**
**3,000**
**34,300**
**8,250**
**2,550**
**25,150**
**1,200**
_________
**587,242**|
|---|---|---|
**25 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed**
||**Total**|**Total**|
|---|---|---|
||**2025**|**To date**|
||**£**|**£**|
|Abbeyfield Knutsford Society|-|5,000|
|Abbeyfield Lancashire Extra Care Society|-|10,000|
|Absent|-|3,000|
|Action for Dementia|-|15,000|
|Action on Elder Abuse|-|15,000|
|Acre Housing|-|8,000|
|Adullam Programme|-|7,500|
|A F & V Launchpad|-|13,000|
|Afghanistan and Central Asian Association|-|7,500|
|Age Concern Liverpool & Sefton|-|5,000|
|Age UK (formerly Age Concern, England)|-|86,163|
|Age UK Lancashire|-|27,990|
|Age UK South Lakeland|-|5,000|
|Age UK Trafford|-|5,000|
|Aidis Trust|-|7,500|
|The Aldingbourne Trust|-|5,000|
|All Saints Church Thelwall|-|5,000|
|All Together Now|-|2,500|
|Alzheimer’s Research Trust|-|8,700|
|Ambleside Parish Centre|-|8,000|
|Anthony Seddon (The) Fund|-|3,300|
|Artlink, West Yorkshire|-|2,500|
|The Ashley Foundation|-|10,000|
|Asirus|-|500|
|Asylum Link Merseyside|-|10,000|
|Audacious Foundation|**10,000**|10,000|
|Autistic Society, Greater Manchester Area (ASGMA)|**-**|5,000|
|Back Care|**-**|2,000|
|Back on Track|**5,000**|20,000|
|Bahja Initiative|**7,500**|7,500|
|Barnabus|**-**|20,500|
|Barrow & District Society for the Blind|**-**|20,000|
|The Basement Night Drop-In Centre|**-**|35,000|
|BASIC (Brain and Spinal Injury Centre)|**-**|20,000|
|Bath Institute of Medical Engineering|**-**|22,500|
|Beacon Counselling|**-**|3,295|
|Bedford Guild House|**-**|2,000|
|Beds Garden Carers|**-**|7,000|
|Beign There|**-**|5,000|
|Bendrigg Trust (formerly Lodge)|**-**|46,500|
|Betel of Britain|**-**|5,000|
|Bipolar UK (formerly MDF The Bipolar Trust)|**-**|9,000|
|Birchall Trust (The)|**-**|5,000|
|Birkenhead Young Mens’ Christian Association|**-**|9,490|
|Blackpool Carers Centre Ltd|**-**|15,940|
|Bladder and Bowel Foundation|**-**|3,000|
|The Blind Society of North Tyneside Limited|**-**|2,000|
|Blue Sky Trust|**6,500**|14,500|
||_________|_________|
|**Carried forward**|**29,000**|**566,378**|
**26 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS**
## **Year ended 31 March 2025**
|**Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**|**Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**||
|---|---|---|
||**Total**|**Total**|
||**2025**|**To date**|
||**£**|**£**|
|**Brought forward**|**29,000**|**566,378**|
|The Boaz Trust|**-**|5,000|
|Body Positive North West|**-**|10,000|
|Bollington Community Association|**5,000**|7,025|
|Bolton Deaf Society|**-**|11,440|
|Bolton Carers Support|**-**|15,000|
|Bolton North CAP Centre (St Peter’s Church)|**-**|3,000|
|Bolton STEPS|**-**|5,000|
|Borderline Counselling Services|**2,500**|2,500|
|Bowland Pennine Mountain Rescue Team|**-**|12,840|
|Breakthrough UK|**-**|2,000|
|Bradbury Fields|**-**|17,500|
|Brain Centre (The)|**-**|5,676|
|The Bridgend Centre|**-**|2,000|
|Bridge Church Bolton|**-**|11,000|
|British Disabled Angling Association|**4,000**|9,000|
|Bridge Priory Trust|**-**|10,000|
|British Liver Trust|**-**|10,000|
|British Red Cross|**12,500**|262,500|
|British Skin Foundation|**-**|13,596|
|British Stammering Association|**-**|5,000|
|The Brittle Bone Society|**-**|4,000|
|Bury Hospice|**-**|15,000|
|Calibre Audio Library|**-**|7,500|
|Calvert Trust|**-**|55,000|
|Cancer Care North Lancs and South Lakeland|**-**|3,000|
|Cancer Support Scotland|**-**|5,000|
|Canopy Housing Project|**-**|6,300|
|Cancer Community Hub|**-**|45,000|
|Care and Respite Support Services|**-**|5,000|
|Carer Support South Lakes|**8,702**|19,702|
|Caring For Life|**-**|25,500|
|Carlisle Eden Mind|**-**|2,500|
|Cheshire Dance|**5,000**|5,000|
|Chester Lodgings and Support Providers (CLASP)|**-**|2,500|
|Children’s Safety Education Foundation|**-**|2,500|
|Christ Church Morton|**-**|5,000|
|Christians Against Poverty|**-**|14,500|
|Church Housing Trust|**-**|16,500|
|Church in the Barn|**-**|5,000|
|The Choir with No Name|**-**|2,800|
|Citizens Advice North Lancashire|**5,000**|5,000|
|Citizens Advice South Lakeland|**-**|10,000|
|Clatterbridge Cancer Research|**-**|5,000|
|CROP (Coalition for the Removal of Pimping)|**-**|5,000|
|The College of St Barnabus|**-**|23,000|
|Colne Citadel|**2,990**|2,990|
|Colne Open Door Centre Ltd|**-**|5,000|
|Community Cancer Hub|**-**|(45,000)|
||_________|_________|
|**Carried forward**|**74,692**|**1,244,747**|
**27 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
|**Appendix B – Grants made to Charities not specified in the schedule to the Trust**|**Deed (continued)**||
|---|---|---|
||**Total**|**Total**|
||**2025**|**To date**|
||**£**|**£**|
|**Brought forward**|**74,692**|**1,244,747**|
|Community Housing and Therapy|**-**|8,000|
|Community Little Hulton|**-**|6,000|
|Community Lives Matter|**-**|4,200|
|Community Solutions North West Ltd|**-**|3,000|
|Compass Counselling Services|**-**|5,000|
|Cornerstone Community Care|**-**|13,000|
|Council for Assisting Refugee Academics|**-**|60,000|
|Council for at Risk Academies|**-**|10,000|
|The Counselling and Family Centre|**5,000**|10,000|
|Criminon UK|**-**|5,768|
|Crossroads Care East Lancashire|**-**|4,650|
|Crossroads Care North West|**-**|2,700|
|Cued Speech Association UK (formerly National Centre for Cued Speech)|**-**|25,000|
|Cumbria Cerebral Palsy|**-**|2,500|
|Cumbria Community Foundation (including Cumbria Flood Relief Recovery)|**-**|17,500|
|Cumbria Deaf Association|**-**|4,000|
|Cumbria Drug and Alcohol Advisory Service|**-**|7,500|
|Cumbria Rural Citizens Advice Bureau|**-**|2,500|
|Cyril Flint Befrienders|**-**|4,000|
|Dart International UK|**-**|2,500|
|DEC Secretariat (for Somalia, East Africa)|**-**|5,000|
|Deaf Connections|**-**|16,500|
|Deafblind Scotland|**-**|5,000|
|Dementia Together Wirral|**4,000**|8,000|
|Designability|**-**|10,000|
|Destitution Project|**-**|8,000|
|Diabetes UK|**-**|28,597|
|DISA Domestic Violence Centre|**-**|5,000|
|Disability Advice West Lancs|**-**|9,300|
|Disability Equality (NW ) Ltd)|**-**|5,000|
|Disability North|**-**|3,500|
|Distress Support Foundation|**-**|2,500|
|The Dukes|**-**|28,000|
|East Cheshire Hospice|**-**|15,000|
|East Coast Hospice|**-**|10,000|
|East Manchester Community Boat|**-**|5,000|
|East Meon Parochial Church Council|**125**|8,885|
|Elisha House|**10,000**|10,000|
|Embassy|**10,000**|10,000|
|Emerge 3R’s|**-**|30,000|
|Emmaus Bolton|**12,500**|27,500|
|Emmaus Merseyside|**-**|12,000|
|Emmaus Salford|**-**|10,000|
|Empowered People|**-**|10,500|
|Excellent Development Limited|**-**|26,455|
|Family Tree Wirral|**-**|1,500|
|Faith in the Community Fleetwood|**-**|4,000|
|Fareshare|**-**|15,000|
||_________|_________|
|**Carried forward**|**116,317**|**1,772,802**|
**28 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS**
## **Year ended 31 March 2025**
## **Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**
||**Total**|**Total**|
|---|---|---|
||**2025**|**To date**|
||**£**|**£**|
|**Brought forward**|**116,317**|**1,772,802**|
|Farnworth Baptist Church|**-**|5,000|
|Fatima Women’s Association|**-**|10,000|
|Federation of Jewish Services|**-**|10,000|
|Firstlight Foundation|**-**|10,000|
|Fishing for Heroes|**-**|1,000|
|Foodcycle|**-**|5,000|
|Footsteps 200 Limited|**-**|3,500|
|The Foundation for Prevention of Blindness|**-**|5,000|
|Fortalice|**-**|5,000|
|The Friendship Circle|**-**|3,500|
|Frontline Trust|**-**|3,000|
|Furniture Matters|**-**|3,000|
|The Furniture Station|**-**|10,000|
|Fylde Coast Women’s Aid|**-**|2,846|
|The Fylde Rugby Community Foundation|**2,500**|2,500|
|The Genesis Breast Cancer Prevention Appeal|**-**|9,650|
|Gforce|**5,000**|5,000|
|Good News Family Care|**-**|2,500|
|Grace Life Church Ltd|**9,800**|9,800|
|Greater Manchester Bangladesh Association|**-**|1,000|
|Grit Street Aid|**8,500**|16,000|
|Grizebeck Village Hall|**-**|5,000|
|Greater Manchester Blood Bikes|**-**|2,500|
|Growing Together Project|**10,000**|17,500|
|Growing Well|**-**|18,000|
|Guild Initiative Furniture Trust (GIFT 92)|**-**|3,000|
|Halton Haven|**-**|10,000|
|Haslingden Community Link|**-**|5,000|
|Haven Trust Supporting People|**-**|5,000|
|Headway Devon|**-**|5,000|
|The Healing Foundation|**-**|75,000|
|Heartbeat|**-**|5,000|
|Heron Corn Mill/Beetham Trust|**-**|5,350|
|HFT|**-**|5,000|
|The Fred Hollows Foundation|**-**|2,500|
|Higher Folds Community Centre (Leigh) Ltd|**-**|7,500|
|High Level Northern Trust|**5,000**|10,000|
|Homeless Support Project|**-**|5,000|
|Homes of Hope|**-**|5,000|
|Homes to Work Ltd|**5,000**|8,000|
|Hope for Justice|**-**|10,000|
|Hopes and Beams|**-**|3,452|
|Hornby Village Trust|**-**|1,000|
|Hospice at Home West Cumbria|**-**|8,000|
|Hourglass (Safer Ageing)|**-**|5,000|
|Housing justice (formerly The Catholic Housing Aid Society)|**-**|19,000|
|Hulme Community Garden Centre|**10,000**|10,000|
|Humans MCR|**-**|11,000|
||_________|_________|
|**Carried forward**|**172,117**|**2,162,900**|
**29 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**
||**Total**|**Total**|
|---|---|---|
||**2025**|**To date**|
||**£**|**£**|
|**Brought forward**|**172,117**|**2,162,900**|
|Huntington’s Disease Association|**-**|29,500|
|Hyndburn Homewise Society|**-**|7,500|
|Imagine If Trust|**-**|3,000|
|Independence at Home|**-**|5,000|
|Institute of Orthopaedics, Oswestry|**-**|274,835|
|Institute of Psychiatry|**-**|14,914|
|Interact Stroke Support|**-**|8,000|
|International Aid Trust|**-**|10,000|
|International Services|**-**|1,000|
|Jewish Action for Mental Health|**7,500**|7,500|
|Jigsaw (Bury)|**-**|3,000|
|Just-ice Poynton|**3,000**|9,000|
|Justlife Foundation|**-**|10,000|
|The Karen Hilltribes Trust|**-**|27,274|
|Kairos Housing|**10,000**|10,000|
|Katie Piper Foundation|**-**|10,000|
|Keekle Village Hall|**-**|7,500|
|Kirby-In-Furness Community Centre|**-**|10,000|
|Kirkgate Arts|**-**|2,500|
|Lancaster Christ Church PCC|**-**|2,500|
|Lancaster Girls Grammar School|**-**|32,000|
|Lancaster University|**-**|425,976|
|Lancaster University (Biomedical and Life Sciences Division)|**-**|24,000|
|Lancaster University (Department of Biological Sciences)|**-**|673,500|
|Lancaster Citizens Advice Bureau|**-**|26,618|
|Lancaster and District Homeless Action Service|**-**|43,000|
|Lancaster Royal Grammer School (Peel Further Education Award)|**-**|149,700|
|Lancashire Flood Appeal|**-**|2,500|
|Lancashire Women’s Centre|**-**|7,500|
|Lake District Mobility|**-**|3,700|
|L’Arche|**-**|17,500|
|Latitude Global Volunteering (formerly GAP Activity Projects)|**-**|10,500|
|Leyland Baptist Church|**-**|7,500|
|LGBT Foundation|**-**|5,000|
|Lightbeam Academy|**-**|10,000|
|Listening Books|**4,500**|45,250|
|Liverpool|**-**|(9,160)|
|Liverpool Bereavement Services|**-**|5,000|
|Liverpool School of Tropical Medicine|**-**|55,420|
|Liverpool University Hospital NHS Trust|**-**|19,942|
|Limbless Association|**-**|4,000|
|Live Music Now North west|**-**|10,000|
|The Livings Painting Trust|**-**|2,000|
|LOL Foundation (The)|**-**|5,000|
|London School of Hygiene and Tropical Medicine|**-**|28,000|
|Macular Disease Society|**-**|6,000|
|Making a Difference – Tameside|**-**|7,000|
|Mali Medics|**-**|500|
||_________|_________|
|**Carried forward**|**197,117**|**4,233,869**|
**30 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
**Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**
||**Total**|**Total**|
|---|---|---|
||**2025**|**To date**|
||**£**|**£**|
|**Brought forward**|**197,117**|**4,233,869**|
|Manchester Action on Street Health|**-**|10,000|
|Manchester Alliance for Community Care|**5,000**|15,000|
|Manchester Camerata|**-**|10,000|
|Manchester Cares|**-**|10,333|
|Manchester Centre for Genome Medicine|**-**|13,500|
|Manchester City Mission|**-**|12,500|
|Manchester Fungal Infection Group|**-**|10,000|
|Manchester Metropolitan University|**58,372**|155,803|
|Manchester Personal Support Unit (PSU)|**-**|5,000|
|Manchester Sikh Foundation|**-**|5,000|
|Manna House (Cumbria)|**-**|15,000|
|Marfan Trust|**-**|8,000|
|Marriage Care|**6,600**|11,100|
|Mary Sunley Canal Boat|**-**|5,000|
|Maternal and Fetal Health Research Centre|**-**|10,781|
|Mellor and District Community Assoc|**-**|5,000|
|Mencap Liverpool|**-**|9,000|
|Mersey Counselling and Therapy Centre|**-**|3,200|
|Merseyside Dementia Friendly Radio CIC|**5,000**|5,000|
|Mobility Trust|**-**|5,000|
|Mood Swings Network|**-**|10,000|
|Morecambe Bay Partnership|**5,000**|5,000|
|More Music in Morecambe|**7,500**|15,000|
|The Motivation Charitable Trust|**-**|34,000|
|Movema|**5,000**|5,000|
|Mustard Tree|**-**|26,700|
|National Eye Research Centre|**-**|8,500|
|National Gulf Veterans Families Association (NGVFA)|**-**|3,000|
|National Talking Newspapers (formerly The Talking Newspaper Association of the|||
|UK)|**-**|11,000|
|Nature Warriors|**5,000**|5,000|
|Neuromuscular Centre|**-**|25,133|
|New Bridge|**-**|54,950|
|Newcastle University|**-**|6,608|
|Nicky Alliance Day Centre (Manchester Jewish Community Care)|**-**|5,000|
|Nightsafe Limited|**-**|15,000|
|North Argyll Eventide Home Association|**-**|2,500|
|Northern Care Alliance Fund|**-**|29,000|
|North Lancashire Counselling Service|**-**|3,000|
|Northern Institute of Cancer Research (Newcastle University)|**-**|10,000|
|Nottingham Trent University|**-**|8,955|
|The Oasis Centre|**5,000**|5,000|
|OCD Action|**-**|2,500|
|Oldham Inspiring Youth|**-**|4,000|
|The Olive Branch|**(10,000)**|9,500|
|Open Door Centre (The)|**-**|12,500|
|Open Country|**-**|3,900|
|Open Hands|**10,000**|10,000|
||**_________**|_________|
|**Carried forward**|**299,589**|**4,888,832**|
**31 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
|**Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**|**Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**||
|---|---|---|
||**Total**|**Total**|
||**2025**|**To date**|
||**£**|**£**|
|**Brought forward**|**299,589**|**4,888,832**|
|Outreach Community & Residential Services|**-**|15,000|
|Paintings in Hospitals|**-**|2,500|
|Parents Against Child Sexual Exploitation|**-**|5,000|
|Park View 4U|**-**|10,000|
|Parkhaven Trust|**-**|5,000|
|PCC St Silas, Blackburn|**-**|7,500|
|Peel Medical Research Trust|**-**|2,188,730|
|Peel Studentship Trust (University of Lancaster)|**40,000**|1,265,167|
|Personal Support Unit Manchester|**-**|5,000|
|The Progressive Supranuclear Palsy Association|**-**|30,000|
|Queen Elizabeth Centre Hospital|**-**|3,374|
|Raleigh International|**-**|11,000|
|Reach Family Project|**-**|10,000|
|Research Centre for Musculoskeletal Science & Sports Medicine|**-**|18,075|
|Re-Cycle (Bikes for Africa)|**-**|10,001|
|Rebuild (Bury)|**-**|7,695|
|Refresh Limited|**-**|23,000|
|Rehabilitation and Medical Research Trust (REMEDI)|**-**|28,000|
|Relate Lancashire and Cumbria|**-**|5,000|
|Refuge and Migrant Centre|**-**|14,500|
|The Respite Association|**-**|2,500|
|Restore Support Network (North West)|**-**|4,850|
|Retired Executives Action Clearing House (REACH)|**-**|33,000|
|Ribble Valley Crossroads Ltd|**-**|12,500|
|Rochdale Borough Shopmobility|**-**|3,500|
|Roehampton University (London)|**-**|23,374|
|Rosehill Youth Theatre & Solway Hall|**9,928**|9,928|
|Rosemere Cancer Foundation (Lancashire Teaching Hospitals NHS Foundation|||
|Trust)|**-**|10,000|
|The Rossendale Trust|**-**|10,000|
|Rossendale and Pendle Mountain Rescue Team|**-**|5,000|
|Resource Blackburn|**-**|5,000|
|The Rotary Club of Keswick|**-**|2,500|
|Royal Holloway University of London|**-**|10,000|
|SARELI (Salford Refugees UK)|**-**|3,500|
|SEN-Families Support Group|**-**|2,500|
|Speaking Up Speaking Out|**-**|3,000|
|St George’s University of London – Division of Clinical Development Sciences|**-**|8,500|
|St Andrew’s Church|**-**|3,000|
|St Andrew’s Community Network|**-**|2,500|
|St Brides Church|**-**|15,000|
|St John’s Guild|**-**|22,714|
|St Luke’s Hospice Sheffield|**-**|12,000|
|St Marks Church|**-**|5,000|
|St Oswald’s Church|**-**|5,000|
|St Paul’s Eye Unit|**-**|5,000|
|St Thomas Church Lancaster|**-**|10,000|
|St Wilfred’s Centre|**-**|7,000|
||**_________**|_________|
|**Carried forward**|**349,517**|**8,790,240**|
**32 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS**
**Year ended 31 March 2025**
## **Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**
||**Total**|**Total**|
|---|---|---|
||**2025**|**To date**|
||**£**|**£**|
|**Brought forward**|**349,517**|**8,790,240**|
|St Wilfred’s Church Grappenhall|**-**|5,000|
|Salford Community Relations Link Project|**-**|2,500|
|Salford Royal NHS|**(19,822)**|764|
|Salvation Army (The)|**-**|5,000|
|The Salvation Army – Blackpool Citadel corps|**-**|1,983|
|Sandylands Methodist Church|**-**|5,000|
|Savera UK|**-**|5,000|
|Save the Family|**5,750**|5,750|
|School of Pharmacy and Pharmaceutical Sciences|**-**|15,000|
|The Scottish Veterans Garden City Association|**-**|10,000|
|SCOPE (Beaumont College)|**-**|74,500|
|Seacombe URC|**-**|10,000|
|Sefton O.P.E.R.A|**-**|7,500|
|The Sequal Trust (formerly Sequal)|**-**|10,100|
|Sheffield Hallam University|**-**|9,950|
|Shopmobility Stockport|**-**|2,000|
|Shoulder to Shoulder|**-**|3,500|
|Shrewsbury Drapers Holy Cross Limited|**-**|5,000|
|Simeon Care for the Elderly|**-**|6,000|
|Sight Advise South Lakes|**-**|9,500|
|The Silver Line Helpline|**-**|5,000|
|Skerton Community Association|**-**|3,500|
|The Society of Mary and Martha|**-**|10,000|
|South Lakes Action on Climate Change Towards Transition|**5,000**|5,000|
|SPA (The Peggy Dodd Centre) (formerly SREMI)|**-**|16,500|
|The Space Centre Preston Ltd|**-**|7,500|
|Spadework Ltd|**-**|21,500|
|Special Educational Needs Family Support Group|**-**|5,000|
|Spinal Injuries Association|**-**|16,000|
|Spoons|**7,000**|7,000|
|Sportability|**-**|2,000|
|Springfield Domestic Abuse Support South Lakeland|**2,000**|14,000|
|Staffordshire Women’s Aid|**-**|9,255|
|Stanley Grange Community Association|**-**|15,000|
|Stockdales of Sale, Altrincham and District|**-**|7,000|
|Stockport User Friendly Fellowship|**-**|4,500|
|Stockport Progress and Recovery Centre|**-**|2,500|
|Streetwise Opera|**-**|2,500|
|Supporting People in Need|**-**|7,500|
|SWACA|**-**|5,000|
|Swansea University Medical School|**-**|14,952|
|The Swinfen Charitable Trust|**-**|6,000|
|Tall Ships Youth Trust|**-**|15,600|
|Tax Help for Older People|**-**|4,000|
|Team Oasis Children’s Charity|**-**|10,500|
|Third Space Bolton|**10,000**|10,000|
|Thomas|**-**|5,000|
|Tom Harrison House|**25,000**|25,000|
||_________|_________|
|**Carried forward**|**384,445**|**9,241,594**|
**33 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2025**
## **Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**
||**Total**|**Total**|
|---|---|---|
||**2025**|**To date**|
||**£**|**£**|
|**Brought forward**|**384,445**|**9,241,594**|
|Threlkeld Village Hall Trust|**-**|5,000|
|Time Out Group (North West)|**4,000**|4,000|
|TLC Talk, Listen, Change|**-**|5,000|
|Together Dementia Support|**7,500**|19,500|
|Tower Hamlets Mission|**-**|10,000|
|Trafford Domestic Abuse Services|**-**|3,000|
|Treetops Hospice Trust|**-**|15,000|
|Triple A Project|**-**|5,000|
|Trinity Methodist Church Clitheroe|**-**|15,000|
|Trinity United Reformed Church Lancaster|**-**|14,500|
|The Alliance Manchester|**-**|5,000|
|The Daniel Turnberg Trust Fund|**-**|10,000|
|The Destitution Project|**-**|5,000|
|The Shoebox Fairies|**-**|3,500|
|UCANDOIT|**-**|5,000|
|UK Med|**-**|80,000|
|UK North Blind Sailing Association|**-**|1,000|
|Ulverston Inshore Rescue|**-**|6,000|
|Ulster University|**-**|128,158|
|UNIQUE|**-**|2,000|
|University of Bolton (Neurocognition)|**-**|10,000|
|University of Birmingham|**-**|12,448|
|University of Cambridge|**-**|14,956|
|University of Central Lancashire|**32,732**|45,932|
|University College London|**-**|12,340|
|University of Cumbria – Faculty of Health and Science|**-**|130,327|
|University of Cumbria (formerly St Martin’s College of Education Lancaster)|**-**|83,450|
|University of Edinburgh|**-**|36,076|
|University Hospital of Wales|**-**|9,936|
|University of Hull|**-**|17,000|
|University of Leeds – Institute of Functional Studies|**-**|14,568|
|University of Leicester|**-**|23,461|
|University of Liverpool|**-**|270,443|
|University of London|**-**|28,354|
|University of Manchester|**413,464**|920,684|
|University of Manchester (Salford Royal Hospital)|**-**|10,000|
|University of Oxford|**-**|36,290|
|University of Plymouth|**-**|14,100|
|University of Salford|**-**|120,248|
|University of Salford – Institute of Dementia|**-**|500,000|
|University of St Andrews|**-**|12,881|
|University of Strathclyde|**-**|8,782|
|University of Wolverhampton|**-**|25,000|
|Veterans in Communities|**-**|13,810|
|Village Water|**-**|40,891|
|Vison Care for Homeless People|**5,846**|5,846|
|Vision of Adventure|**-**|5,000|
|Vitalise (formerly Winged Fellowship Trust)|**-**|7,750|
||_________|_________|
|**Carried forward**|**847,987**|**12,013,825**|
**34 |** P a g e
**THE DOWAGER COUNTESS ELEANOR PEEL TRUST NOTES TO THE FINANCIAL STATEMENTS**
## **Year ended 31 March 2025**
## **Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)**
|**Brought forward**
Voluntary Action Broxtowe
Vulture Club
Walthew House
Walton Lea Partnership
Warrington YMCA
Watford New Hope Trust
Wellbeing of Women
Wellcome – Wolfson Institute for Experimental Medicine
Wells Community
Wesley Community Furniture
West Cumbria Women to Women
West Cumbria Domestic Violence Support
West End Impact
The West of England Multiple Sclerosis Society Limited
West Lancashire MS Society
West Lancashire Women’s Refuge
The Wheelboat Trust
THE WIDOWS EMPOWERMENT
Wigan Warriors Community Foundation
Wildwood Days
Whitehaven Community Trust
Wirral Churches Ark Project
WISH
Withington Methodist Church
Woodlands Quaker Home for Older People
The Wolfson Centre for Age-Related Diseases
Travelling Fellowships/Grants
Yad Veachisomoch L’Chaim
Total of grants made before 6 April 2009 which have not been repeated|**Total**
**Total**
**2025**
**To date**
**£**
**£**
**847,987**
**12,013,825**
**-**
2,000
**-**
20,000
**-**
16,500
**-**
5,000
**-**
8,000
**-**
3,000
**-**
117,209
**-**
14,585
**-**
7,500
**-**
5,000
**-**
9,950
**-**
10,000
**-**
12,000
**-**
5,000
**-**
1,000
**-**
3,500
**-**
5,000
**-**
5,000
**-**
5,000
**-**
5,410
**-**
5,000
**-**
23,000
**-**
4,500
**-**
5,000
**-**
5,000
**-**
10,000
**140,075**
836,354
**-**
8,000
_________
_________
**988,062**
**13,171,333**
8,238,387
_________
**21,409,720**|
|---|---|
**35 |** P a g e