THE BOUGHEY TRUST COMPANY LIMITED
Company rnghtradon number 00325195 IEngland and Wales)
Charity raglstrdtlon numbtrr 21SO56 (England and Wal￿}
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMETrirs
FOR THE YEAR ENDED 31 DECEMBER 2025

THE BOUGHEY TRUST COMPANY LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustee8
Mr G Foster {Forff*r Chairman)
Mr M Pilchford IF0￿8r ￿ce
Chaimian}
Mr C M Ingram
MrA Rumbles {Chaim8nl
Mrs E R Fund•lkHolmes (Vic
Chairman)
Mr8 R Barton
Mr K R Brot￿rt0Th
Mr P MA Dawdson
Se¢rètsry
MTSA Stokes
Ex Offlclo Th181908
The Headmaster of Haberdashers Ad8m8 Grammar School
The Rector of Newport
cou￿1 Representstbve
Country of incorporation
United Kingdom
(England and Wales)
00325195
Charity v•glstrallon
England and Wale5
215056
R•gl$tsrod offl
1 BTassey Road
Old Potts Way
Shrewsbury
Shropshire
SY3 7FA
lfftdopgndgnt •xaminer
Dyke Y￿1$y Llmiled
1 Brassey Road
Old Potts Way
Shrewsbury
Shropshwe
SY3 7FA
Bankws
Barclays Bank P
123 Ashdown Lang
Town Cenire
Telford
Shropshire
TF3 4AD
Solicitors
Clarkas solicito￿ LLP
Hazeldine House
T&Word Centre
Toword
Shropshire
TF3 4JL

THE BOUGHEY TRUST COMPANY LIMITED
CONTENTS
Page
Truste05' report
Independent exomT*f8 report
Statement of financial adi￿lIeS
BalancA shaèt
Notès to the finaw81 slatemenl$
7-15

THE BOUGHEY TRUST COMPANY LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2025
The Trustees present their 8nnual ffjport and fin8naal statements for the yéar endÈd 31 December 2025.
The ffin8ncial stslÈmenls have been prepared in accordan¢e with the accounb'ng policAes set oul in nol¢ 1 to tho
financaal 818tements and ￿mplY the Trusf s govemlng document, the Companies Act 20[￿ and 'Aecounting
and Repoiting by Charrties.. Statemonl of Re¢ommended Practice appluble to charities preparing Ihttir a¢¢ounts
a¢¢ordance with the Finanoal R9POrting Stsndard 8ppli¢able in the UK and Rgpubll¢ of Ireland {FRS 1021"
(effective 1 January 20191.
Sir Thomas BIJughey rfied on 30 AugU8t 19C6. By his will he left the Badey Mow In Newport. Shropshire lo Lady
Annabel1& Bough•y on trust for her to establish a irust for promoting the heahhy and benef￿al occupation of tha
inhabilanls of Newport 8ncl District. By a Trust Deed datèd 15 O¢tober 19C6, Lady Boughey established the Trust in
accordan¢e with her late husband's 4wshes. In 1937 the Trust was in¢oTporated as a company bimKed by guarantee
and it was subsequenlly approved by the Lord Chan¢gllor as a Twst Corporation •nabling it to Mold propety to
other trusts and organisalions as custodian trustee.
As the new choimian of The Boughèy Ttust Company Lirnited I have Ihe pleasure in presenting the latest end of
year report on our pasl ygar of serving the ￿MMUnity of Newport, Shrop$h1￿ as a charity.
object1￿$ and •¢tivitl
The objecl of the Boughey Trust Is to offer a high stsndard of rentabk accommodab'on lo the local ojmmunty and
make investments lo generate further growth wfthin Ihe Trust 10 9nable us to offer the grants to the local community
whilst thriving as a ¢ompany and maintaining th• w811are of the Tru$1 for fUlu￿ growth for the people of Newpc*rt and
the Surrounding area8.
The Trustee8 wll consider any grant applications m8d8 by Suitable organisalions and groups and aclively promote
our awdilability lo apply for these grants. These are rowawed during our regular meetin9s and voted on once agreed
they 8re eligible for the grant.
Public bgnorrf
The Trustees have paid due regard lo guid8nco issued by the Charty Commission in dec4ding what adivities the
Trust should undertaka.
Achl•v•n¢nts and perfonnance
SignifiGant activil￿S and achi9￿M&￿t$ obigctives
Within the year 2025, the Boughey Trust 9gn¢roted a lolal income of £73.333, after management and expenses of
£52,115, il made grants of £7.550 lo various eligible groups and OTganisalions.
The Boughey Trust has ¢aNiod out repairs on of ks major properties, telng.. Chetsvynd House arbj Longford
Playgroup, totalling £12,616.
th th8 ab(trve figuTe8 in mind the Boughey Trust made a profit of £13,668 with a fijrther £42.048 on po$11￿¢
revaluation on inveslments give an overall surplus of £55,715 al the end of the financial year.
Flnan¢l*l review
R•s8Nos policy
A substantial proportion of the Boughey Trust's reserves are r¢prosented by the assets of the Trust. Other than
these asstrls, the Trust aim to retain 5uffieAent resèrves 8$ working capital lo manage the day-tothday affairs of the
TrusL
As 8131 Decernber 2025, the charty's levol of free re8eThes $tonds at £611,19512024.. £556,072). Free reserves
are calculated as total unrestricted fijnds, exduding any unrestrirted funds Iled up In langlble fixed assets. The
trustees consKler this $uffi¢ient lo Cover at least 12 months expenditure.
The cakulation is a$ folbws..
T¢)tsl Unrestricted Funds.. £1,738.868
Less: Unrestricted Funds Invesied In Fixed Assets.. £11,127,673}
Free Reserves.. È611.195

THE BOUGHEY TRUST COMPANY LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Maioriysks
The Trust hold annual reviews to look al the major risks to which we rnay be exposed loo and the poNcles. pracll¢ps
and procedures in ￿9¢¢ to rnitigate those risks. ￿919 appropriate the Trust wlll lake out in5urarice$ to ¢ounter
th￿ risks and onty usa profassional compan*$ lo manage our assets.
Pl•n• for fuiurn parlods
The Boughey Trust are looknng to le8$9 the Newport Tennis Courts lo Ihe Newport Tennis Club on a long lease,
re¢urring basis which is ujrrenlty being administ8T•d by Paul Roberts of Clarkes Solicrtors.
Lilleshal Youth Club 1$ ￿T[gnIlY having the ￿se drawn up and ronewed for the fthur8 use by knlleshall Youth Club.
The Longford Playgrow) building had the new lease apreed and bging run as a sU￿eSS(U1 nur$8ry with Newr•Xt
Hwjh Street.
The Boughey Twsl are looking to sell the Chefvrynd House building in the future and need to er18ure that Ihe
property is COfre¢tly Tegislered with Land Registy, the ¢urrgnl tenancy agreements are all up to date, the bjoyancy
of1he housing Ma￿et anil any other iiems that ne&J lo be put in plau, before a time￿Iè is agraed.
SINctur•* gov8man¢e and managemont
The Trust is a company limrted by gu8r&rtee under number ￿325195 and a$ 8 Charity under the n#mo of Charity of
Dame Sar8h Annabella Boughey. charity numbgr 215056.
On 3 April 2025, Mr G Foster resignad as Chairman and Mr M Pitchford resigned a8 Vice Chaimian. On the 8ame
dale, MrA Rumbles was appoinl$d as Chaiman and Mrs E R FundelkHolmes appointed as Vlce chaiM￿n.
The Trustees, who aTe al$0 the directors tr the purpose of company law, and vtho served during the year and up to
the dale of signaluie of the financial Statements we..
Mr G Foster IFormer Chaimianl
Mr M Pitchford {Fom)er Vice Chaiman)
Mr D Wassell
Mr EA Davies
Mrc M Ingram
MrA Rumbles {Chairman)
Mrs E R Funde1￿H01mtt$ (M¢¢ Chaimian}
Mrs R Barton
Mr K R Brolherton
Mr P M A Davidson
(Rosigned 19 June 20251
(Resigned 28 January 2026)
Recruitm&nt arml apwlntment of tAusfg&s
The Twstees are made up of local pttrsons with a wide range of kno%￿edge and wews and are appoinlfjd by the
existing Twstegs and iThJucled into the role by tho chaiman. Any training that is necessary is provided by the Trust.
None of the Trustee8 has any benefKial interest in tho ￿MpanY. All of the Trustees a￿ momb8rs of the ￿mpanY
and guarantee lo contribute £1 in the 8venl of a winding up.
There are a number oftruslees that have b8en in pface for more Ihan 9 y¥ars.

THE BOUGHEY TRUST COMPANY LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Oryanffsaf￿é1 struofv
The principal assets of the Boughey Trust. comprise a portlolS0 of Investment and property- The irwestmenls are
man8ged by Bardays Wealth wrth the properly leltings bging mana9ed by Davies. VW)ite & Perry and Temperton5
who are both Newport, Shropshire, High Street based Estatè Agonls.
The day-tc*day management of the Bough&y Trust 1$ undertaken by our sgcrgtsry and the Trustees.
The Trusteès meet on a regular basis, within the Popln Centre Iwhi¢h is owned by the Trust) whe1$ we carry OLrt
r¢vièw of the affairs and the finandal performance of thè Trust and run through any applications for grant
application5 for their consid&rallon. within the loral community.
Funds held as ¢u8todlan tru5ts•
Thè inve5tmgnts and property hekl as assets of The Boughey Trust are held as ¢uslodian Iwslee on behall of the
charity of Dam• Sarah Annabella Boughey.
Small company exomptlon
This report has been prepared in accordan(* wllh the provisions appli¢able lo cornparies entitkd to th• Small
companies •xomption.
The Tru$lgBs' reportwas approved by the Board ofTruslees.
MrA RumbFas (Chairman)
TnHtee
2s.4.2L.

THE BOUGHEY TRUST COMPANY LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE BOUGHEY TRUST COMPANY LIMITED
I report to the Trustees on my examinalK)n of the financral $t8tem¢nts of The Boughey Trust Company Limited (the
Trust) for the year ended 31 Decembor 2025.
Responsibilitie8 and ba$ls of report
As the Trustees of the Trust {and also its dlrectors for the pU￿oSeS of company law). you are respon￿bla for the
preparation ofthe finanoal slalemenls in accordan¢& with requirements ofthe Companies Act 2CK)6.
Hawng satisfied mys811 that the fin8nca81 statemer4ts of the Trust are fK*l rfjquired lo be audited under Part 16 of the
Cofflpanies Ad 20￿ and are eligible for Indgwndent exarninab"on, l report In respect of rny examination of the
Trust'5 finanThal stslemenl$ Carried out under se¢tion 145 of the Charrties Ad 2011. In carrying out my examination I
have followed the Diredions given by Ihe Charity Commission under section 145{5llb> of the CharitiesAd 2011.
Independent •x•mln•rfs statsm•nt
I have Completed rny examination. I confimi that no malters have como to my attention in wnn•ction with the
examination gi￿ng me (ause to believè Ihal in any material respe¢l'.
a¢¢ounthng record5 were not kept in r$$pect of the Twsl as required by section 386 of the Companies A
the financial statements do not accord with those records,. or
Ihe financial stslements do not compty with the a¢eounting raquirements of seclk*n 396 of the Compan￿$ Acl
2￿6 other than any requirement that the financial slalements give a Iwe and fair view, which is not a matteT
considered as part of an independent examination.. or
thé financ4al staiements have not been prepared in a¢¢ordance with the methods and prinuple$ of the
Slal•ment ol Rec4Jmmended Practice for accounting and reporling by charitiès applirAbl8 to charities
preparing their finanaal statements in acLordance with the Financi81 Reporb'ng Standard appli¢abl• in the UK
and Republi¢ of Iraland IFRS 1021.
I have no concems and h8ve come aw$s no other matters in connection with the examination to vthich attenlic
should be drawn in Ihis report in ordtrr lo ènable a proper understanding of the financial statements to be reached.
A WLULGMI
Audrey Wlliams FCCA
vk• Yaxley Llmltèd
1 Brassey Road
Old Potts Way
Shrow$bury
Shropshire
SY3 7FA
Date=...

THE BOUGHEY TRUST COMPANY LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
Unrestricted EndovThnt
fund
funds
202S
202$
Totsl Unro¥trictod End0Vffl￿nt
funds
fvnd$
2024
2024
Total
2025
2024
Incom• from:
Invo51ments
73,333
73,333
73,667
73,687
Total In¢ome
73,333
73.333
73,6B7
73,887
Expendlbjre on:
RaSsing funds
ch￿lIab￿ actiwli$$
52,115
7,550
$2.11S
7,550
84.093
9,305
64,093
Totsl expendltur•
59,MS
59,865
73,398
73.398
Nel gainsloosses) on
investrnents
10
42,048
42,048
36,962
36,962
Net Income and mov•ment In
lunds
55,716
55.716
37,251
37.251
Re¢onclllatlon of funth:
Fund balar￿$ at 1 Janu¥ry
2025
1.6B3,152
25.000 1.708.152
I,645.￿1
25.000 1.670,901
Fund balances at 31
D¢¢¢mber 2025
1.738,868
25.IJOO 1.763.868
1.883.152
25.000 1,708,152
The statement of financAal activibes includes all gains aThJ kjsses recognised in the year. All income and expen¢Jture
derive from continuing actiwlY4$.

THE BOUGHEY TRUST COMPANY LIMITED
BALANCE SHEET
AS AT31 DECEMBER 2025
202S
2024
Nirtg$
Fixéd •$•ets
Tangible a$$ets
Inva$tmonts
12
13
1.127.673
555,901
1,127.080
508.596
1,683,574
1.635,676
Current assets
Debtors
Cash al bank and in hand
44
5.235
79,892
4,960
72,348
85.127
77.306
Crndito¥s: amounts falllng due wlthin
ono yoar
15
(4.8331
{4.830)
N9¢ current assets
80,294
72,47
Total assets I￿* Current Ilabllltks
1,763,868
1,708,152
Th• funds of thè Trust
EndowTnent funds
Unrestrided funds
16
17
25.000
1.738.868
1.683.152
1.763,868
1,708.152
The company 1$ gnliled to the exemption from the audit requ¥ement contained in $8dKJn 477 offv cOmpan￿sAGt
2006, for the year ended 31 Oecember 2025.
The dlredors acknowledge th￿r re$ponsibik'ties for complying with th• requirements of Ihe Companies Act 2[
wrfh respect lo accounting recofds and the preparat*￿ of financial slalem8nls.
Thè members have not required the company lo obtain an audtt of ils financial 81aterllents for thg year in quesl¥)n In
accordance with se¢*on 476.
These finanu81 stslèments have been prepared In ?￿Ordar￿ with the provisions ¥p￿iCable to companies $(kni•ct
to the small companies regim•.
23/04/g026
The financlal statemgnts w8re approved by Ihè Trustees on .........................
MT A Rumbles (Chainnanj
Trustse

THE BOUGHEY TRUST COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Accountlng pollel
Charlty Infomiatlon
The Boughey Trust Company Limited is a prNate company limtt¢d by guarantee incorporal8d in EnglaThJ and
Wales. The registere<l offic8 is 1 Bra55ey Road. Old Potts Way, Shrewsbury. Shropshiie. SY3 7FA. The pla
of busin•￿ Ss 28 The Larche5, Newport, TF10 7SH.
1.1 B•¥i¥ of preparatlon
The finanaal stslements have been prepared in ac¢ordan¢8 woih the Tnjsfs goveming dC￿￿Mènt, the
Companies Act 2006, FRS 102 'The Finanoal Reporting Standard applicable in the UK and RepuNic of
Ireland. C'FRS 102? and the Charib8s SORP "Acts)unting and Reporbng by Charities.. Statement of
Re￿￿￿ended Praclice applicable to ¢haiities preparing their accLsunts in ac¢ord8n¢e wilh the FinancAal
Rèporting Standard applicab19 in th& UK and Republic of Ireland {FRS 1021° leffective 1 January 2019}. The
Tmst is a PublK Be￿fft Entity as defined by FRS 102.
The Trust has tsken advantsge of the pro￿$10nS in the SORP for ¢h81iiies not lo prepare a Statemenl of C•$h
Flows.
Thè financial stslernents are prepared In slerting, whleh is the functional eurren¢y of the Twst. Monetary
amounts in these financial statements ar¢ rounded lo the nearest £.
The fin￿Cial statèments have been prepared und8f the hlstodcal cost convention. The prinapal ¥¢¢ow)ling
poliues adopt8d aro sel out below.
1.2 Golng ¢on¢•m
At the tlme of appro￿ng the financial statem&nts, the Tru8tee8 have a rtss(fflat4e expectati￿ that Ihe Tru81
has adequat¥ resources lo continu8 in operalional exislenco for the foreseeable futurg. Thus the Trustees
continue lo adopt the going concem basis of ¥¢xounling in preparing the financial stateménts.
1.3 Charitabl• fund$
Unrestrict8d funds are av8ilabk for use at the disuglK)n of Ihe Trusteeg in fvrtherance of theif ¢h8ritablg
objectives.
Restricted funds are subject to spe¢ific condrtions by donors or grantors as lo how tr￿Y may be used. The
purposes and uses of the restricted ￿ndS are set out in the notes to the finan￿al slatem8nts.
EThJowment funds arè subject to $pe¢thc ttjndilions by donors that the capital fflusl be maintained by the
Twst.
1A kncome
Income is rè¢ogftised when the Trust islggally enlTtted to it after any perfomian¢e ¢onditions have been rnel,
th& amounts can be measLtred reliaNy. anil i( is probable that income will ￿ reeèivÈd.
Cash donations 8re ts¢ognised on receipt. Other don81ion5 are Tecognised on¢a the Trust haB been notfi8d of
the (*)nalion, unless perfornianca condibons require dèferral of the amount. In¢orne tsx re￿Verable in relation
to donalK)ns received under GiftAid or d•eds of covonant is recognised al th¢ Imt of the donatKJn,
Lega¢ie$ are recognised on receipt or otherwis? rf the Trust has been notified of an iwending distribution. the
amount 15 known, and r•¢eipl is *xpected. If the arnount is not known, Ihg Iggacy is treated as a ￿ntingent
asset.

THE BOUGHEY TRUST COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
A¢countlng pollcies
Icontlnuedl
1A Expendiiurn
Expendit￿8 Is recognised once there is a legal or con51ructrve tsbligation lo transfer e¢onomlc benefit to a
third party, it 18 prob8ble thal a transfer of economic benefits wil be required in sattlement, and the amount of
the obligat¢cffl can be measured reliably.
Expenditwè is classif*d by The Costs of 8a¢h aCt￿ty arg mad9 up of thts totsl of dired costs and
shared costs, including support costs ¥)volved in undertaking ead) aetivity- Direct costs attributable to a single
activity are allocated directty lo that actswty. Shared Costs which contsibute to more than one 8cAivity and
support costs whith arg not attributablè lo a single Activity are apportioned belweén those activities on a basis
con$istgnl wth the use of resourcos. Central $t8ff ¢osts are allocated on the ba$1¥ of lirne spent, and
depreciation charges are alh)cated on the portion of the 8ss8fs use.
1.6 Tanglblg fixgd assets
Tangible fixe(f a55els are Initially rneasured at ¢o$t and subsequendy mtasur•d at cKJst or vabJal•)n. net of
depr8ciatson and any impaiment losses.
D¢preGiation is recognised so a$ to write off the ¢osl or valuation of assels1è8s thor reshlual values overtheir
usefijl thves on the folbwbng bases..
F￿¢h¢Id land and bJilding5
Leasehold land and buildlngs
Computers
not depwiatèd
not depwiated
33% straight line
The gain or loss arfrslng on the di5PO8al ol an asset is determined as the difference be￿en the sale prO￿dS
and the carrying value of the asset, and is recogni$éd in the statement of fin3n¢ial activit￿S.
Tangible fixed assets whlch are freehokl investment propgrties are Carrled at mathel value. based on
indepandent profes8ion81 valuations. Their values ar? i•viw•d annually by the Tws199s. No depredatbon Is
provided on investment properties.
Leasehold properties are carried 81 cosl, which the trustees ¢onsider repTesents fail value. T￿Y are
maintained in 8 good stale of repair. stsch that their e51imalèd ￿1￿￿31 valug is not less than eost and
cy)nsequenlty tw are not dgprgciated.
1.7 Fixed aJBet inmtmgnts
Fixed assèt investments are inklally measured at transaCt￿n pci¢8 exduding Iransadlon ￿$1$, and are
sub5equenlty mea$ured al fair value at each reporting date. Changes in fair value are re¢ognised in net
Incomel{experKlitur81 for the year. Tr8ns8etion costs are expensed as incurred.
Impairnlgnt offlxod a6sets
Al each reportin9 end date, the TIu81 ¥¢views the carrying amounts of 11$ tangible assets lo dètemiine whether
there is any indi¢alion that those assets have suffered an imp8im8nt Eoss. If any such Ind￿ty0n gxists, the
recover8ble amounl of Ihe asset 15 eslimaled in order lo determine the extent of the impairmenl1055 lif any).
1.9 Cash and cash 04ulval•nts
Cash and cash equivalents include ¢ash in hand, deposits hald at call wilh banks, olher short-term liquid
investmènts w￿h original maturities of three months or leBs, Jnd bank overdrafts. Bank overdrafts are shown
within borrowings in current liabililie5.

THE BOUGHEY TRUST COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Accounllng polklo$
IContlnu•dl
1.10 Flnan¢lal Instrnmonts
The Trust has electad lo apply the provisions of Sedion 11 'Ba$i¢ Financial Instruments, and Sedon 12
'Other Financia Instruments Issues, of FRS 102 to all of ts finan¢lal Instruments.
Finanryal Instnjments are re¢ogni$ed in the Trust'$ b818nce sheet when the Trust be¢ome$ party to the
contractual prowsions of the in51rum8nl.
Financlal assets and labilibes are offset. with the net amounts presented in financial statements. vthen
there is a legalty enforceable right to set Off the recognised amounts and there IS 8n intention lo settle on a nel
basis or to realise the assat and strtlle the liabilsty simultaneously.
1.11 Debtors
Debtors are racognised at Ihe $otllomenl amount due after any d1$￿(￿1 offered.
1.12 Crgdllo
Creditors are ￿CogniSed whero the chaiity has a present obligotion re8ulling from a past event that *iN
probabty resdt in thè transfer of funds lo a third party and lh¥ amount due lo settle the obligation Can be
measured or estimated relk7bly. Creditors and provisions aré nomally reco9nised al Iheir sattlèmènl amounL
In¢om• from inv*Btffl•nts
Unrestrlcted Unrestrl¢t
fund$
funds
2026
2024
Rental incorne
Di￿dendS
Intefest re￿Nable
61,221
11.412
700
61,720
11.371
73.333
73,687
Expgndituv• on raislng tund8
Unr•strict•d Unr•strl¢t•d
fund$
funds
2025
2024
Tr•ding costs
Olhgr trading acthvitTe5
Support costs
38,610
7.351
51.21
7.011
45,961
58,217
Inve$trn•nt managèment
6,154
5.876
Totsl costs
52.115
64,093

THE BOUGHEY TRUST COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Exponditure on Ghalilab￿ actSvltl•¥
Grant
making
202S
Grnnt
maklng
2024
Direct ¢o•ts
Grant fvtxling of aCt￿l￿e3 {see note 51
7,550
9,305
Anatysls by fund
Unreslr6¢ted f￿dS
7.550
9,305
Grants payable
Grant
making
2Q25
GTr¥rt
making
2024
Grants to institutions=
Church Aston Willage Hall
First Responders
Newport Carnival
Longford Piaygroup
St NiC￿S Church Bells Appeal
The Cottage Care Hospital
st Georges Day
Forton Cri¢k*t Club
N￿￿pOrt Cricket club
Newport Youth Café
Newport Royal Naval Association Club
Nova FC
Lilleshall Rainbows
Newport Girts FC
1,OC
500
700
730
300
375
9.305
Support ¢08ts allo¢at•d to adlvhles
2025
2024
Depre¢a¥lion
Accountancy
bsile costs
Sècretary fees
Governance costs
35
2,664
392
3,000
1.260
2.400
411
3,000
1,200
7,351
7.011
Analysèd bÈlw••n:
Fundraising
7,351
7,011
10-

THE BOUGHEY TRUST COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Ngt movement In funds
2025
2024
The nel movement in fvnd5 Is slated afier chargingllcrediting)..
Fees payable for the independent examin8tion of the cJ)aty'$ financial
Statements
Depreciation of owned tangible r￿ed assets
1.200
35
Tvu¥t••$
None of th8 Twsl88s lor any p8rsons conn8ct8d with them) rec&N8d any remun8ration or ben•ffts from th&
Trust during the year.
No Trustees were ￿l￿bUrse￿ for any axpenses In¢urreil durfng the course of dullès as a Truste8.
Employees
Th* a￿lage monthty number of •mployee$ during tho year w4$..
2025
Numbor
2024
Number
Total
There were no employees whos8 8nnu81 remunerat(on was more than £60.000.
10 ￿1n* and losges on inveJtmènts
Unrestrictrd Unmtrictsd
funds
funds
2026
2024
Gainslllos5esl arising on..
Revaluallon of Investments
Sale of invoslments
40,318
1,730
26,647
10,315
42,046
36.962
11 T•xatlo
The charty i8 exempt from taxation on ts acti*Aties because al its income is appli8d ch*itabl8 purpos8s.
11

THE BOUGHEY TRUST COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
12 Tanglblg fix•rl as8•ts
Fro8hold land
and bvlldlng8
Leayehold Computors
nd and
bulldifiqg
Total
Cost
At 1 January 2025
Addrfions
Disposabs
1.090.000
37.080
7,127.S84
628
(4841
628
1484)
At 31 December 2W25
1,090.OC
37,080
628 1.127,708
Depreciation and Inwalmi•DI
At 1 January 2025
Depreciats'on tharged in the year
Eliminated in respect of dispo$8ls
35
{484)
35
{4841
At 31 De¢&mber 2025
35
Corrylng amount
At 31 December 2025
1,090,￿0
37,080
593 1.127,673
At 31 December 2024
1.090,(KXJ
37,080
1.127,080
Freehold Investment pr¢Jperties wore revalued in 2023 by independent tharter•d surveyors. Tempertons, on
continuing use base. The historical cost is £34.540.
Thg fraehold of the Guihlhal, Newport is Corned at £nil as ft 18 an Inafienable historical asset th81 produces no
13 Flxed asset Investments
Listed
inveJtments
Cash in
portfoli
Tolal
Cost or valu•llon
At 1 January 2025
Additions
valUat￿n changes
Disposals
501,053
237,075
40.318
{227.291)
508.596
477,507
40.318
1470.520}
240,432
1243,2291
At 31 D$rember 2025
551,155
4,746
5S5.901
C8rylng amount
At 31 December 2025
551.155
4,746
555.901
At 31 December 2024
501,053
7,543
508.596
12-

THE BOUGHEY TRUST COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2025
14 Debtors
2025
2024
Amounts falllng within on• y•ar:
Prepayments and accruad ir￿m9
5,235
4.960
15 Cr¢dltorn: amounts falling du• wlthln on• y￿r
2025
2024
Othèr ¢reditors
Aeuuals and deferred income
1,0$3
3.780
1,230
3,600
4,833
4.830
16 Endovmientlunds
Endowmenl funds repr¢sont a58ets whith must be held ￿m￿nOn11Y by the Trust. Income arising on the
endowment funds can be used in accordance wlh the obj80ts of the Trust and is inthded as unrestrided
incom•. Any ¢8pital gains or losses arising on the assets fom part ofthe fund.
At 1 January
2025
At31
D•¢•mbor
2025
Permanentendowm•nts
25.WO
25.000
Prevlous ￿#1.
At 1 J•nu•ry
2024
At31
Docembor
2024
Pernian•nt •ndowmgnts
25,000
25,000
13-

THE BOUGHEY TRUST COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
17 Unrn>tri¢t¢d funds
Thg unrestricted fiJnd5 of the thaTity ¢ompri$a the unexpended balanees of donations and grants whl¢h a
not subject to specific conditions by donors and grantors as to how they may be used. These ir￿ude
de8ignaled funds whiGh have been sel aside out of unre$lri¢tod funds by the trustee5 for spguffic purposes.
At l January
2025
Incomlng R•sourc•s
¥•sources
expend•d
Gains and
At31
lossa December
2025
General funds
Revaluallon reserve
627,192
1.055,960
73,333
{59.6651
42.1)48
682,908
1.055.960
Previous year.
At 1 January
2024
Incoming Rosourc88
re$our¢es
exp•nd•d
Galns and
At31
Doe•mb•r
2024
General fund5
Revaluation rese
589.941
1,055,960
73,687
(73,3981
36,962
627,192
1.055.960
18 An4￿1$ of Mt a8$0ts between fund$
Unr•stricted Endowment
funds
funds
2025
2025
Total
202S
At 31 D•c•mb•r 2025:
Tangib￿ assets
Investm8nts
CLKrenl assetslOiabilities>
1.127.673
555,901
55,294
1,127,673
555,9)1
80,294
25,OC
1.738.868
25.OC(J
1,763,868
Unrestricted Endowment
fund$
funds
2024
2024
Total
2024
At J1 D¢cembor 2024:
Tangibl8 assets
Investm8nts
Current assetslOiabilitie$l
1,127.080
508.596
47,476
1,127,080
508,596
72.476
25.000
1,683,152
25,1]1]o
1,708,152
19 Relatsd party tran•a¢tion8
14-

THE BOUGHEY TRUST COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
19 Relat￿ party trartsactlons
(Continued)
The Trust madg payments lo KRM Conlraclors Llmlled, a company in whl¢h trustee Mr A Rumbles is
directcf 8nd shareholder, for various rep8ir$ #nd improvemanls at properties owned by the tharity lolaling
£14,74012D24: £30.873). We￿ no amounts ouislanding 81 the ye81 end12024.' £niD.
The T￿st paid £981 12024.. £7851 to Newport Literary Inslitule, an organisation of whth former Iruslee. Mr E
Davies. Is a member. Al the year end £1,05312024.. £981} remained outstanding to the irtstilule.
15-