L & D SECCOMBE CHARITABLE TRUST
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 5 APRIL 2025
CHARITY NO 217988
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L & D SECCOMBE CHARITABLE TRUST
CONTENTS
Page
Report of the TTuslees
Independent Examiner's reFQrt
Statement of financial activities
Balance Sheet
ststement of Cash Flt)WS
Schedule ol Oistritrthions
Notes to the financial Statements
9-10
Investment schedule

L & D SECCOMBE CHARITABLE TRUST
{Charlty No 217988
TRUSTEES, REPORT
The Trustees present their report and financial statements for the year eThJed 05 April 2025.
The accounts have been prepared in accordance with the Tnjsvs deed, the Charities Act 2011 and
'kcounts'ng and Reporting by Charities.. Statement of Recommended Practice applicable to charities
p￿parIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021" las amended for accounting periods commencing from 1 January 20161.
The charity was estsblished by Deed on
31 December 1959 by the settlor Leslie Stuart
Seccombe, now deceased. The 18rm5 of the
Deed direct that the trustees hold Ihe income
and capital of the trust for application to such
charitable purposes as they in their absolute
discrets'on think fit.
Tw$t constitution and objects
TTU$t•es
The trnstees who served during the year were:
Hon. Philip S Seccombe
Mrs Joanna Mitchell
Mrs Philippa Brook
PTin¢ipal addrn88
CKCA Limited
No 4 Castle Court 2
caS￿egate Way
Dudley
West Midlands
DY14RH
Solicitorn
Higgs LLP
3 Waterfront Business Park
Brierley Hill
Wesl Midlands
DY5 1LX
Bankers
Lloyds Bank plc
New Street
Birmingham
Invostmfrnt Manag•rn
Bardays Wealth
One Snowhill
Snowhill Queensway
Birmingham
B4 6GN
Ralhbones
gh Floor. 3 Temple Quay
3 Temple Back East
Bristol
BS16DZ
Page 1

L & D SECCOMBE CHARITABLE TRUST
TRUSTEES, REPORT ICONTINUED)
Activities and finonclal revlew
The charity's financial F4Jsition is set out In the attached aGcounts.
The ttustees, policy is lo distribute annually the Income from their
investments to charities approved by them. The trustees meet
periodically lo consider applications for chantable funding.
The tru5tees' charilable distributions for the year amounted lo
£42,000 12024 £30.000) and are shown on page 7. The trustees,
policy is lo make distributions on a regular basis and to maintain
small cash reserve sufficient to meet administration costs.
During the year to 5 April 2024 the charrty receNed frjnds and
investments from the Mrs DA Seccombe Wll Trust. This Irusl was
set up by Mrs Doris Seccombe to provide Income for her daughter,
Mrs B M Aber¢rombie, for life with thè capitsl passing to this charity
on her death. Mrs B M Abercrombie dled on 11 May 2020 and the
trustees released the funds to thè charity on 5 May 2023.
The capital received from the Wll Trust consisted of cash of £21.311
and investments with a book cost of £848.840 and value of
£938.866.
There has been 8 small f811 in the value of Ihe investments held by
the trust, however they have generaled income of £45,631 {2024'.
£44,497) which enabled the trustees lo make charitable distributions.
The balan￿ on unreslricled funds at the end of Ihe year was
£1,578,335 {2024'. £1,600,021). The Trustees consider the funds lo
be Suff￿lent to meet the charity's objectives.
Investment Policy
The charity's funds are invested in a portfolio of listed stc¢ks and
shares with the aim of ensuring diversity and producing above
average relums of both income and capital growth. The portfolios
are managed by inveslrnent advisors and the trustees are guided by
them on investment decisions.
R•serves Policy
The charities fvnds are held in unrestricted fvnds. the trustees do not
believe that it is necessary to restrict funds as they have no future
commitments.
Trustee8
None of the trustees (or Fersons connected with them) receNed afry
rerrwjnerats'on or expensès during the year. The trustees have a
statutory power of appointment which applies to the chanty and is
exercisable by the existing trustees. The trustees, policy on the
appointment of a new trustee is lo draw their attention to Charty
Commission guidance and publications which explain the char
trustee role and responsibilities.
The trustees are aware of the charit￿ Commission guidance on
public benefit and have given the guidance due regard.
Trustees are appointed for their skills sel which is ￿n$￿Iered an
et lo thè furtheran¢e of the objectwes of the charity. On
apkX)intment Iruslees read the guidance issued by the Charity
Commission for new trusteès.
Page 2

L & D SECCOMBE CHARITABLE TRUST
TRUSTEES, REPORT (CONTINUED
Futur•
The truslees, aim is for the charty to continue to generate income
and make charitable distributions. As the charity holds listed
investments the main risk is a fall in value or income. The trust8&S
have sought lo limit this by ensuring a diversified portfolio of
investments.
A¢¢ounts
The accounts are presented in sterling, which is the functional
currency of the charity. Amounts are rounded to the nearest £1.
Hon. Philip S Seccombe
Trustee
29 January 2026
Page 3

L & D SECCOMBE CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
Independent Examlnavs Report lo tho Trustofr6 of L & D Seccombg Chaiitabl• Trust
I rekxjrt to the charity Irustees on my examination of the acwunts of the charty for the year ended 5 April
2025 which are set out on pages 5 to 21.
Responslbllttlos and basis of report
As the charity's tru51ee5 you are reswnsible for the preparalion of the accounts in accordance with the
requirements of ihe Charities A¢1 2011 I'the Act'i.
I report in respect of my examination of the char￿'S accounts Carried out under section 145 of the Act and
in carying out my 8xaminats.on I have followed all the applicable Directions given by the Charity
Commission under section 1451511bl of the Act.
Independent examinorfs statement
l confirm that l am qualffied to undertake the examination because l am a member of The Inslitulè of
Chartered Accountants in England and Wales IICAEW.
I have completed my examination. I confim that no material matters have ¢ome to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting recnrds were not kept in respect of the charity as required by section 130 of the Act., or
the ￿)UnIS do not accord with those records.
I have no Concerns and have come across no other matters in COnnec￿n with Ihe examination lo which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Katy Shepherd FCA
OfCK
No 4 Castlo Court 2
C•stlogat8 Way
Dudley
We8t Mkllands
DY14RH
29 January 2026
Page 4

L & D SECCOMBE CHARITABLE TRUST
STATEldlENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2026
Page
2025
2024
INCOME
Investment incom•
Income from listed investments
45,631
44,497
Other receipts
Sale of investments
Legacy from the Mrs DA Sec¢ombe Will Trusl
610,135
859,153
21,312
655,766
924,962
EXPENDITURE
Admlnistration oxp•nse8
Ac¢ountsnts' fees and accruals
Stockbrokers charges and accruals
2,700
11,159
2.562
11,482
13,859
14,044
Dlstrfbulions to charltles
42,000
30,000
Other payments
Purchase of investments
551,220
865,705
607.079
909,749
Net receiptsl (paymentsl lor the ygar
48,687
15.213
{Fall} l Uplift of Investments (to market value)
(11,458)
248.461
Funds at start of year
300,653
36,979
Funds at ond of year
337,882
300,653
Page 5

L & D SECCOMBE CHARITABLE TRUST
BALANCE SHEET
AT5 APRIL 2025
Unre8tsictsd a880ts
Page
2025
2024
FIXED ASSETS
Llst•d Invostmonts al mark•t value
11-21
1,477,458
1,547,831
CURRENT ASSETS
Cash balan￿S
Uoyds Bank plc.
Barclays Wealth
Ralhbones
12,7¢)8
32,403
58.567
17,965
32,260
6,792
103,678
57,017
Le88 CredltOf8 (due wlthln 1 yearl
CKCA Limited
Barclays Wealth
Rathbones
2,250
192
2,385
203
2,598
{2,801}
{4,827)
NET CURRETrN ASSETS
100,877
52,190
NET ASSETS
1,578,335
1.600,021
FUNDS OF THE CHARrrY
Unrestricted Funds
1.578,335
1,600,021
Tru8tee8' Approval to th• accounts
In accordance wrth the engagement lètter dated 12 December 2025. we the trustees approve the
accounts set out on pages 5 to 21. We acknowledge our responsibility for the accounts and for providing
CK wth all the informats'on and explanations necessary for their compilation.
Hon. Philip S Seccombe
29 January 2026
Page 6

L & D SECCOMBE CHARITABLE TRUST
STATEMENT OF CASH FLOWS
FOR YEAR ENDED S APRIL 2025
2025
2024
Not•8
Cash flows from op•ratlng actlvlil88
Cash generated froml{absorbed by) oper&'on$
46,661
20,038
N•t Increas•lld•cr•as•l In cash and cash
•qulvalents
46,661
20,038
Cash and cash equivalents at the beginning
of the year
57,017
36,979
Cash and cash oquival•nts at thè •nd of yéar
103,678
57,017
Page 7

L & D SECCOMBE CHARITABLE TRUST
SCHEDULE OF DISTRIBUTIONS TO CHARITIES
FOR YEAR ENDED 5 APRIL 2026
Home Start- South Wa￿l¢k$hIre
2,000
Shipston Home Nursing
6,000
Warwickshire & Northamplonshire Air Ambulance
6,000
Veterans Contacl Point
The Mulbeny Bush
Spinal Muscular Atrophy UK
s,￿0
The Silverlining Brain Injury Charity
1,CM)O
stratrord-upon-Avon Foodbank
2,000
Samaritans Stratford-upon-Avon
3,000
The Shakespeare Hospice
3,000
Friends of Heptonstall Museum
1,000
The worcestershi￿ Soldier at The Commandery
2.000
42,0
Page 8

L & D SECCOMBE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED S APRIL 2025
1. Accounting poli¢ios
Charity infonnation
L&D Seccombe Charitable Trust is a registered charity in England and Wales. Its charity number is
217988.
1.1 Fixod assgt investments
Fixed asset investments are inilialty measured at transaction price exduding transaction costs arKI
are subsequently measuied at fair value Ibeing market value) at each ￿portIng date. Changes in
fair value are recogni5ed in net in¢omellexpenditurel for the year. Transaction costs are expensed
as incurred.
12 Cash and cash wuivalgnts
Cash and cash equivalents include cash in hand. deposrts held at call wlth banks, other short-tenn
liquid investments with original maturities of three months or less.
1.4 Income
Income is recognised when charlty is legalW entitled to it after any performan¢e c￿dItionS have
been met, the amounts can be measured reli2bty, and it is probable that income will te received.
Incoming resources are shown befo￿ any expenditure.
1.5 Expenditure
Expenditure is recognised once the￿ is a legal or constructive obligal*)n to Iransfer econom
benefft to a third paty, il is probable that a transfer of economic beneffts will be required in
settlement, and the amount of the obligation can be measured reliably.
1.6 8•glc flnanclal a8sets
Basic financial assets, which include debtors and cash and bank balances, are initialty measured at
tranSaCt￿n price including transaction costs and are subsequently carried at an¥ytised cost.
Financial as8ets classified as receivable within one year are not amorts'sed.
Bas1¢ flnan¢lal Ilabllltles
Basic financial liabilities, including creditors are initially recognised at Iransacti¢Jn price unless the
arrangement wnstitutes a financing transaction, where the debt in51rumenl is measured at th8
present value of the future payments diwunted at a market rate of interest. Financial liabilitie5
classrfied as payable within one year are not amortised.
Trade creditors are obligations to pay for goods or services that have b8en acquired in the ordinary
course of operations from suppliers. Amunts payable are classffjed as Current liabilities rf payment
is (Jue within one year or less. If not, they are presented as non-current liabilities. Trade creditors
are r￿Qgnised initially at transaction price and subsequently measured at amortiS8d cost using t
effective interest method.
Dorecognitlon of financlal Ilabllitie5
Financial liabilities are derecognised when the charity's contractual obligations expire or a
di￿harged or cancelled.
Page 9

L & D SECCOMBE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
YEAR ENDED S APRIL 2025
2. Cash g•nerated from I labsorb•d by) operations
2025
2024
Surplus for the year
48,687
15.213
Movements in worklng ¢apital:
In¢reasel(Decreasel in credf(ors
(2,0261
4,825
Ca$h generatsd fromllabsorbed by) op•ratlons
46,661
20,038
Page 10

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