NEWFIELD CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENoeD 31 MARCH 2028 NEWFIELD CHAiiifABLE TRUST INDEX TO THE FINANCIALSTATEPAEIUS fortm yw gndgd 91 h1arch 2026 Chwty Infomlalon ChaImi￿,8 R•wt Trust••B' Report Ind•yndgnt Exarnkn•rf• Rewt St•t•m•nt of Fln•ndal Actmths B•lprK• Sh••t Notss tothe Flngndl Stat•m•)ts NVIfflELT) GHARITABLE TRUST CHARITY INPORMAfON CHARITY NUMBER: 221440 TRU8TEES.' Mr8. J. ICha4rm$n} Mrs. P. Smtth The Revgrend C•non Barbara Chjtto Mr. J. Barrett Mrn. J. Shaipe (4spdnted 14 JanLWI 20261 MKS. H. Jones IRoskJned 17 JL*nè 20241 Mrn. R. 80tt (R?¥1￿9d 17 Fgbnjary 20251 M8. C. Finn {R•$lgned 15 Jtm• 20251 CLERK TO TME TRU8TEE8', MIB& S. Ccl•tt PRINCIPAL OFHCE: 8 & 9 The Qu•drant Coventy CV12EQ INDEPENDEKf EXAMINER: G,R. Cox BA FCA Daffern6 A￿j1¢ Llmlted ChBrterÈd AC￿u￿1￿nth and Audtrs One Eajtsvood Mhrry Weston Rtrs¢J Blnhy BLNlne88 Park Coventry CV3 2UB BA14KERS: 88rd&y8 Bar* pl¢ 25 Hlgh Street C¢iventry CV15QZ INVESTMENT ￿NAGEftS: Qultter Cnevknt ProvInc￿l Hou$¥ 37 N8wWalk LOIC￿ster LE16TU Page 1 NEWFIELD CHARITABLE TRUST CHAIRMAN'S REPORT The Nvwfield CharilatJe Trust, •stabllsheil in 1977, ¥upports girL8 and women •ged 40 and un*r who Ilvg In C¢>venby or Leamin9ton Spa. The Charity ¥ objectiVES gre lo enh?nce thglr phystal. social. eduTrtional and emotional welfare. The Charlty has ?n ability to ffleet a wde ran9? of needs 8nd retalns its 8gith.ty and ftexiblllty to meet thgir ever changing mLxlern d8y ne8d5. Durin9 th9 Charity's last financlal year gran18 been mad0 Ctrca £50.LX)O covering 8 broad 8pectrLm tsfneed& Th8se hclwje.. Providing ¢l¢thlng and other pgrsonal ttem¥. lurnlbjre, goods. carpets and slmllw to 1nd1vi4￿18 vl thgir support worter5', Prtsvldlng grdnts to othertharftable ¢xgAnlsats"on8who are helF4ng y(yJng fgm8(e8 toaddrwand 0¥8reome emobonal and psychologtcal thallofiges." Providlng gr8nt8 lo oth¢r thoritableorgani58tiDns ￿05upPort lemal¢5 5uble¢ted 10 ￿￿e$￿'¢ violence., and Piovlding gran1$ to sch¢ol$ for IT equlpment ¢0 support Indmdual glrts In chalkdroing $iluaiSons an(J with eilher limited or no 8cce9S to ¥￿1 eqirripmenl ond alx¥ fmdlng Indivldual$ who sXherw18t b• unable lo paTl¢ipat¢ In school trip$. Th•se arè only Soma oltheway$ In whth the Ch•rfty has gouthtto carry out Its 0tr4ectw89. In Ih?y••rto corn•tr Charty hope$ to ¢ncoufage Ihe recent trend ol Èpplle81ion$ to a551BI wfth both edu¢adonal n8edg and intervents.on projects lo enab19 glrls to meet in o positive WAY the pthcul* ¢halltsnge8 they lace. Th8 Charfty looks loThv8rd to conlinulng to reach out to mor8 fema￿$ In need. and Ihe orwlsalions Iht 8UPPQrt It￿, to happy d fvlfiued liv9$. Ilr•. J. Ra%vilng• ¢h•ir olTrugtee Dato.. 2L* 10 202s- 8 & g Thfj Qu&drant Coventry CV12EG Pag8 2 NEWFIELD CHARITABLE TRLIST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Tru$ta8s P￿Sent their rBport and financl81 statements f¢xlhe year ￿ded 31 March 2025. The Trusl8es havo adopted the wovisions of Ststernwnt of Recommended PractKe ISORPI"Ac¢ounbng Ropcrfng by Chorfties" IFRS 1021 In preparing the Annual Report financi￿ statements oflhg Charlty. STRUCTURE, GOVERNANCE AND WINAGEMENT Gov•rnlng docuffl•n¢ NeWr￿[d Charitabla Trust is cori$lituled by sChern￿ dated 19 Jgnuary 1977 and 21 Septsmbpr 1983 made by the Charity CommSsgioners ol England 8rsd Wales and 1$ a reglstered Charlty number221440. Al quoted invaslments have begn a¢quirtd In acMrd8nce wth the T[￿r¥ gOVer￿￿j InBirum•nts. Tru•t• Thg Ch8rlty Tru8tee$ durln9 Ihv yeer lo 31 2025 ￿rI.. Mr9 Judltm Sharpe (ApoN*3 14Jnnu•ry202SI Mrs Hilary Jones IRI*IOMd IY J￿¢2024) Mr8 Ro$allnd 80tt IAq•b)n•d 17 Fqw 2025) M9. Clgiro Flnn IR•don•d 1)J￿8 2Q201 Mrg Jean Rwlngi (Cha1rm￿l Mrs Pal Smtth T￿ Reveren¢ c￿0￿ è•rbara Clutton Mr John Barrati Thg Truotees we aprM)Sntsd to Bowd ofTtU8t••s under th• Sthernt. ANAGEMENT AND GOVERNANCE ARRANGEMENTS The Inwrntxnl Tmgt8e8 are entffjed to appoknt n•w TrwleeB. Th• TnJsloe8 meet 4 1th•8 • yoar to ￿nsId8[ Want applIco￿an$ ond cOn￿der APOl¢attong betrM•n rne•tsng5 Idlowlng an •mail protoc¢l. OBJECTNESAND ACTIVITIE8 The obiecllves of the Ch&iily ar• to appty th¢ Incom? ol Tw8t In thg rellel ol the physlcal, m?nlal and morAI noed$ ol, #nd the promotion of the physrAI. 80¢191 gnd edu¢•llon81 trainlng of, girb and young womw) IvSng In Coveniry or Le8mlngttsrs Spa are In neod ol ond o$$s$tsnc• In p8rtlcular, trjl wilhout prOjLKlk• to tha g•n8r811ty ol Ihg foregoing, ty.. lal promoting lh• rehabilit•tl¢o ol b•nefic4arie• who we In negd ol phy8k￿. mgNal or rnml c8r•; (bl a9￿5t￿ng by educat4on and Irainln9 th? w•ventlon ol- ID juvènil8 delinquen￿.. lill Ihe abuse oldNgs, alcohol and ggry7blng', 11111 the PTOCrtatton ol urMant8d thlldr8n'. and Ilvl the negTect or i114rèaimenl of children. 1¢} 8*Jvislng and •¥si8tiry by •ducatbn and tralning b8n•￿IdI[85 who arg pwent$ kn the uPbrtn￿n9 01 their chlldren.. Idl provlding for benefidth5' ladlitheB lor teL7e￿On and other lelsurtr*'me wcUpa￿￿ry in the Inlerosts of 30¢101 welfare wllh tho object ol irnprothg thelr ￿nditionS ol life and helping Ihem 5¢> lo develop thwr physical, Mental and spirth)I c8pJcilies, 5ell-reliance and Indthdual resppn¥ibilrty that they may grow to full maturity ag Inulvlduals and mernbfjrs of sock9ty', Page 3 NEWFIELO CtrIAR ￿ABLE TRU5r TRUSTEES. REPORT FOR THE YEAR ENDED 31 ￿A¢H 2025 leontlnuedl le) prowding finandal 86siqtsnce. ouffil$. dothlng. toL4s, instruments or b(3c*$ to hEtp bener￿e1 on leaYh9 school, univer9ity other educatsonal p$tabli3hmenis to prepwg for, or entsr, a professlon, trade orLsllty.' lfj prixnotirrfj re8¥arch c4lcuhtsd to ssslBtthe Tru8t••8 In fvrtheriry the purposesolthe Chthty.. and 191 maklng grafit¥ to charitable organi¥lons In furtherance of ts purwses of thg ¢har*. In makthg such grarts, the Trusfros are especlalty tynxlow Ih81 grants should bo effective and help applthnts to char¥Je thglr drwmstance¥ in wme positiv• way for the bètter. to help th9m to help Ihemselvei. Tha Trustee& confirm that they have rtrlerred io the guldBIf￿ cont81n8d In th? Charty CommiS￿onerS general guidanco on publlc bgnoflt when the Charity'g aimg and objective5 a￿d In p18nnkng future athiOe5 and iettlng the gr￿1 maklng Pc41￿ forthe ye8r. ACHIEVEMENTS OF THE TRUST Applicalions were rgf¢tred to the Tru¥t•eg fvorn a variety of agenc￿5 Includin9 $¢hools and other ¢hgrit8bte ¢rg8nlsal￿? 85 well a$ recefvln9 appllcalionB trom in¢Jividual8 SUPPQrted by a Bupport ￿￿Tker. Durlng the year the Tru6tees re¢efved 8 totsl ol SO appUcalion8, ol which 36 applicotions were opproved and grants paid tot8lllng £48.72712024." £57,857). The remainlng arpli￿￿on9 nol progr•$8 due io thalr being irthmpiele in one lo or anoth8r or appllcart b•lig In8llglble for a grant and one applicats'on w?$ ￿leCted. Gr8nls wore made to lrtdlviduals lor items Juch as $¢hool and general dolhlng. bed5 and beddin9. 8ssenli81 hous•hdd itsm$. edu¢aiion* trips. laptops and olhei equlpmont. The decline trom th8 start ol Ihe pandernk In the number ol IndiwcSua18pplicalions, whlch must ts9￿1￿ tho help gf a supportworkef, has not r￿0vered to FY&pAndemilèv•ls. The qualw ol ¢hè Infoffnalion wovldpd In the applic8tlDns remained below the prtsthpandemic standard. The Truo1èè9, therefore, havg contlnuecl io considor olh&rwgy3 In whlch they can provlde assI?*nce to females under the $98 of40 In need. Tho Trustees 5UPPOrted ihfee projeds which provided educational, sporting and mentoring OPPDrtunilies lo bonvnt glrls, The Tru$t••s con￿￿V￿d to wowde gr?nts to $chools. Th8 Twsteg$ also mado tsyo gr8nts lo chailtatle organi¥allonsto provKle Miscellaneo￿ erngrgency pa¢k$ for women In need. Thi$fjweienot treatsd 8$ IndNklu#l wnts. FINANCiAL REVIEW. INVE8TMENT POLICY AND RESERve8 The Ch8rity'8 Income 18 primarily oblained Irtsm 4ivldendJ r￿1¥0(1 on the Cnarlty's capital investrnsnls. and Incom• for ihe year ended 31 March 2025 was £61,2C612024". £63.142). Toial expanditure fcr th¢ year wo1 £84,40912024. £91,889). of whkh E48.72712024.' £57.6571 ￿re granls paid. a breakdown of this be Been Ol noto 4 Df thfrso financial $t8t8fflents. An In yr•r defidt 01 £33.129 wag 3egn at ihe end of the fin8n¢ial year. after taklng Into ac￿￿tIO58•s on Inv?wtments of £9.92812024.' kn yeor surplus ol £77,320. after t•klng Into KMunt galns on investments of £106.0671. Total reswves c8rTled fo￿r& a3 at 31 March2025 w¥$ £1,792,940 {21Y24.. £1,828,089) olwhth E684.71012024'. £880,Mei represents ￿restrIcted lundg. RE8ERVE8 POUCY The endowmont bJndB repr•$enl th8 capital tsl Charity upon lormBtkn, as adluBtsd for g￿n8 and IoBBeB on investments, which is to t* maintAin•d indefinllely. TheTrueteeg aim tomaintaln froe r•98rve8 In unrestr￿ted fund¥ #t a levelwhith •quates tQ 8pproxknatpty 3 yew6 unTestricted ¢xptynditure. The Trusteès cOn￿der this pmvkle 3uffirJant re8erv¥$ In order ￿ fflaknt8Sn a suffici•nly ¥ubstsnlal and reli8bl¢ ￿nual kncrme 8tyeam. Fr￿ rosENOS at the year-eThY were £ee4.71012024.. £060.OC61 wNch i¥ in 8XC06$ 91 the current PDW.. Tru$t¢es ar8 ath.vely 8?eking appl￿a￿on& to gxpgnd excess reserves. Page 4 NEWFIELD CHARLTABLE TRUST TRUSTEES. REPORT FOR THE YEIR ENDEO 31 MARCH 2025 l¢offltlnuod} INVESTMENT POLICY Ttte TfUStee8 have sot a form* imieBtm¥nt h)r the mah objecti¥06 are tr. Prese￿8 Ihe Charty'5 r•serve$ In ￿al terms., Delwer a rea8on¥ble overnll trtal return, set at Infl8tion rAus 3.5%. ond Sufficient Iv4Uhlity to hjnd cash fbw shertfalls and any unlunded commilrnents. The CtrKqrty pfecludes any dirert Invg*merrt In lobateo and arnament (yjmpanies, and the Invostrnent manager wlll monltor th? position of Co1￿ctive Inv8sknent scheme9 to enswe Ihis Is keptto a mlnimum. The Trustttskn4sh to be re$ponsiblg knve5tors and require that En￿rOnmental, Social and Governgr￿ IESGI 8tandarth are1d￿￿ed. Th? TruIt￿$ •ppdnt auiller Chpvtot to Manage the prthllo on a ba86J In accordan￿ vAth the printy￿e8 s•¢ out In Ih? fvll Investment polcy gtJtomonL The TMtèe$ will rnonitor pgrfcfmance ol Ihe porifol agaln¥t the 5tat8d ￿vE￿ment benclm8rk8 g•t RISK STATEMENT Th? T￿$t￿* hove re￿•Wed th• Ma1￿ rfBks to whth the Trujt IJ eXp0￿rt, and h8$ been tsk•n to devdop syitems ond pr¥x￿￿)rQ* lo Mi￿9810 Ihose rtiks. The Tw6teèswll eonlnue to mMltorfl* on a regujw ba￿$. FUTURE PLANS Th• TruBtee8 InteTrJ to conynug provldng grantB In 8 itsnllar*vy to thv recent past TRUSTEES RESPONSiBILITIE8 IN RELATION TO THE FINANCIAL STATEMENT8 The law appllcable ty) tharill08 in Er6land and Wales Tequire¥ thB Trustee8 to prepare finon¢lg1 statemgnls tor each fin?n¢ial year whlch glve a Irug and fair vlew gf th¥ Chailty's finb￿1?1 aetlvilies dufing the year and ol Its 5yJsillorn at thè end of the yoar. In pieparing finan¢i#l staiements. giving a true and Wr vlvw, Ihe Tru81ee$ should rolcm te8t prnd(* and.. Jele¢l $uitoble accDunthg p￿￿1*& and then apply them cAry61$tenlty', ob•erv8 the meth￿1 and principle& ol lh& Chadle? SORP,, makeludggment$ and estknates Ih•t 8r• r88SCn8ble and pwdentr State whether opplt4ble accountlns ¥tandar(J& •nd stotsm¢nts of re¢ethm•nded Frxuce fr•ve tyaen lollowed, Subjed to any malerial dep4rtwvi dI￿OSed prKI •xplalned In Ih? fflr*ncld stat•mortB.' and prepare thg finwcl* $ta¢oment8 on th¢ goln9 concern basi5 unless it lo inoppropdthe to that Ihe ChoNty*ill contlnue rts o¢bvft*s. The Tru¥leas gre responsible for Kwn9 prop&r a¢counb'ng r•cud8. which (liielose with reasonab￿ aCCLKacy at gny tim?, Ihè nnanclal posity'on ofthÈ Cttarity 4n¢J wli¢h enablE IhBm toep$wg trbattheflnanci81 staterngntscomFfy W￿n thè Char￿189 Act 2011, Ihe Ch￿lty Ikcounis and Rèport&l Regulat￿n5 the provlslons olthg TDJg1 Dved. Thpy ￿ve g8neral resp0n81bil￿ty for laking such $top8 88 we reasonabty op9n to Ihem to safegu8rd th8 ossels of th? Chavity and lo prevent and dgle¢t fr8th1 and othgr iriegui4rbtle5. A.4.....Q.o.L-&er , 2025 •nd slgned on Ihe* b8hall by.. jroved by th¥ Tntstfj•s on . Mrn. J. RavAlngs Ctroir of Trustees 8 & 9 The Quadrant Coventy CV12EG Pa90 5 NEWFIELD C￿lAR￿A￿LE TRUST Ir￿EpENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEINFIELD CHARITABLE TRUST Indepondent Examlnv¢• Rgportio the TN•tee¥ of N•vrt*ld Charftabtg Twust I r8Wt to the ¢harty Trusteès on my examination ol the accounts ol tha Charlty for the yaar ended 31 Mar 202$ whl¢h are Set out en page¥ 7 10 13. Rt•ponslbllltles and bJ¥l• ol report As the Charity's Tru8l¢es you aro respon8iblè for the preparatiffl ol the K¢ourt8 In ac¢>xdar£e the raqulrements ol the Charitles Act 20111'the A¢t'l. I r•p¢rt In re9Pg¢t of my exwnlngtLcn of the Charltye accoLrts ¢atrled out under Mctlon 145 01 the Act and in ca¢rying out my ex8minatlon I h8ve folthwd all th8 applicablg Direc￿On9 9fv8n by th• Charty Cornrni$$lon undèr ¥vdon 145ISllbl cl the A Indep?nd¢nt eyJmln•f• gtat•mgnl I have wmpleted my examln8lon. I c(*)flmi Ihat no mattor5 have com• to my attenlknn In connedon ￿1h examlnalion glving me Gau$91o believe th#t In ony malar￿1 re¥ptsct rJ)yTrtr¥J roctrdg We￿ not kept kn rv8ped tsfthe Ch8rlty as roqulred by $edon 388 Dflhe 2008Ac*, or 2. thg accoun15 do not accord with Ihosa ro¢ord#", or 3. the gccounly do not comyywilh th& 8pJicabl• requir?mentS*X*nceming trt• form andojrtont of 0¢￿￿niS $8t out In the Charllies (Attounts ené Rep¢Jrtsl Rggulatlon$ 2008 olher than •ny requiromenl Ih8t the accounts ghve a 'tyu* and lair ¥Aew' whkh 18 not 8 matter considered as part of an independ¥nt •x8mlnabOn. I h•v? no concerns and have¢oma au088 no 4)ther mattv18 in CQMttthon wlth the •xgmln•ticn to whith 6houkJ be In th18 report In order to gnai4& unJerslandng olthg accounts to be r¥ache818nce5 at31 March 2025 e84,710 1,108.230 1.792,940 1,828,069 The St8tem&Tht of Flnancial Acuviles IrKlud8$ all 9aiTrg an¢1 losse9 r￿gnISed n the ye*. All In¢ornkng r¥sources ond r•scurce$ ?xpgThJed derive trom conlnulng a￿￿e¥. P80e 7 NEWFIELD CHARITABLE TRUST BAL4NCE SHEET 31 WRCH 2025 2024 IPWESTMENT Investment property Quoted Inve8tmonts 40.000 1,707,085 40.000 1,739.117 1,747,085 1.779,117 CURRENT ASSErs Acuued Income Barday$ B•nk F4c Quilter Chevtot bank accuunts 5,219 19.088 4,691 42,459 37.917 76.103 86,C67 CURRENT UA8ILrnES uals 29.248 38,115 frJEf CURRENT A3seTg 45.866 46,952 NEf ASSETS 1.7W2,940 CK4RITY FUNDS: CAPITAL FUND EThJowment 1,1Ce.230 1,18e,oe3 INCOME FUND8 Unrèstricted fijnd 884.710 TOTAL CI14RITY FUNDS.. 1.792,940 1,829,069 The ocojunts on pwge8 7 to 13were ?￿anad and authtsl••d ferl88uo on behalfoftheTnJ¥le•s on. 2￿2& l+...i.o... kcA MY•. J. Rai¥ilng* GhBlr of TN8té•s Page 8 NEWFIELD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS ror the y•ar gndgd 31 MARCH 2025 ACCOUNTING POUCIES Tho I￿lOWIng acC￿n11n9 policie5 have been u8ed wn&I8tently In I*Bl1ry with tt8rn8 %th¢h are con5rd¥ed m&enal in r¢￿tIon to the Chgrivs Acojunts. G#n•ral Informatlon and bo•i• ol pr•pAratlon Newfield Charitable Trust Is an unincorptsrated Chanty In Englènd and W8168. Thtr addfe$8 ol lh• r?9istered offlG? 1$ 9fven in the Charity Informalbon on page 1 of these Ilnaneial statements. The n8lur8 of Ime Charty'$ operatlon$ an(J prinelpal activiti89 8re to 6pply the Incorn? of the Trust in the relief ol the physlcal, rnpntal ¥nd nged8 of. and the promotion of the physlcal. social and gducolional tralning ol. glr15 and young women Ilvlng in Cov•n(ry or Leamlngton Spa or the n&l9hbourhogd who oro In neèd ol care and assi51ancè. TM Charity conJllut•s a public benefit ￿n￿ty as defined by FRS 102. The financlal ststem¢nts have been prepared In a¢r*rfance wllh A￿oUntIng and Reportin9 by Chari¥o$'. Slalemont 91 Recommèntled Pr¥dl¢e applKable to chariti¢$ preparfng their o¢counts In 8¢cordan¢e th• FinBn¢ial ReportiThJ Sl8ndard appllcable irt the UK and Republi¢ ol Ireland 193ued in October 2019, thp Financlal R•porting Standard applicable in Ihg United ￿'ngdOM and Republic ol Ireland IFRS 102), tht CharlJes Aci 2011, gnd UK G•noraliv Acceplgd Accounlng Prxtice The fin￿r￿lI 81atemeDt8 hav¢ been prepared to giv? ¥ 'true and tslr, vlew and havo departod from the Charllièy (Aeeounts and Reports) R8gulalion8 20)8 only lo the •xtenl rgqulred to providtt a'true and18ir vlew.. This departure has involved followin9 Ihè Accounong $nd Reporting by Chailll•s.' Slalerngnt ol R￿Qrnm8nded Pr8¢ti¢e Appllcablè lo charldes preparln9 theif accoun1$ in accord8n¢¢ ￿th the Financlal Reportlng Standard opplieable In the UK 8nd Republi¢ of Irelarsd IFRS 1021 Issued in October2019 ralher thon the Accounling RoPOrtln9 by charilies.. Stslemenl of R?¢ommended Pracuce effo¢tlve from 1 April 2005 which ha5 8lnce boon wtthdr•wrn Thè finarnlal slatempnl8 are prepared on A golng concérn bas1> undvr the hl¥torfco1 cost ￿n¥•￿tIOn. modlfled to Indudg ¢ertaln itemj ot fvlr WAlue. The fln9ncLql ststsments are pi•¥fjnted in Pound Sterllng 1£) whlch li IM? frJnctlon81 eurrency of the Ch8rty, rounded tts th8 n8are8t £. Th? ¥igniflcanl accountlng polld88 applled In Ihe prepprall¢n ol these fin8nclal 8t¥tgmgnts or• Set out befvw. The8• pollcb¥ hav• b¥en consigtentty appljed to All y••ro preient8d oth•ThvlJ• 8tat8d. Invo•tment• Inve3tmgnt8 are recognised InSllally at IBir volu8 which is normalty thg transact'on price trxdudlng tr•n$aclion co¥ls. Sub¥?quentJy. ¢hey 8r¢ meosured at falr value with chang9$ reccgnl$ed In 'net Ilo$$&&llgaln6 on inve¥lmBnts' In th? Statement ol Fin4naal Actlvlllès ISOFAI If Iho shaft$ are publidy trgd8d or Ihelr tslr v8luo can otherwisv be rneusured rvliabw, Olher Investrnent5 ar8 me¥3urtd 8t ¢08t less impairrnent. Cvrrenl 8&$et inves¢rnent$ 8r? $hort term hlghly Ilquld inve¥trnents and #ro held Dt falr valu?. T￿69 [r￿lUde cash on d?pogit and cash equiv•lent8 • muturlty ol le$$ than one y8ar. Inv•8tr)•nt prO￿rtY Flepho￿ hglrl for Inve8trnent purposes 58 &t*d 8t vdualkn on an open market ba￿3. In¢om• r•¢ognltlon All incoming rosources are included in the Stgtement of Finand81 Actlvitl*$ ISoFA} whèn the Charity Is leg81ty entitled to the income after any p?rformanco conditiony have been mel, the amount carn be measurg¢J reliably and Ic 13 prgb8blB that the in¢orne wlll be recdvod. Page g NEWFIELD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS for the y•#r ended 31 March ZQ26 l¢oTr¢lnu•dl ACCOUNTING poL￿lES (CONTINUED) FordonalSon8 to bg recognl$q4 th8 Cherlty wlll have bBen notified ofthe wnounts and th• 8ettlgmenl dato IN writing. If there are condllMJn¥ attached lo the don*lon and Ihis Iffjulre5 a level of pBrtorrn8nce before enliiiement un be obtalned ihen Income 1$ deferred untilthv4e conditions 8fe fully met orth¢ fiJlfilm¢nl ol those conditspns Is wthin the conlrol of the Charlty and rt is pwb8ble they b& lulfilled. No amount is Indud8d In tha finarnelg16*temernts for volunteer tlme In Ilne wlth the SORP {FRS 1021. IrNestment Income is ogrned thrtsuoh holdlng assets for Inve31ment purwes such as share$ Jnd property. 11 Inc1ude8 diviisends, inlervst 8nd ronl. Wher8 it Is not procticablv io Idenlify Inyestrnenl management costs Incurr&tJ within a $cheme with reasonoble accuraw the Inv¢slment Income 1$ reported net tsf Ihèse c05tB. 11 Is Intluded when the 8mounl can be measured rgliably. Intergst incom6 is reco9ni5ed U8ing the effeclfve Interesl method and ¢l¥klend Ind reTht I￿rne l• rncognl*J ao the Ch•rlty'4 Thghl ¢0 roceive payfflenl is esta￿lS￿e￿. Exp•ndltur• r¢cogTrltton All expendlturè 18 account•d for on an a¢cruo18 b8$i• and been dasslfled under headings Ihai aggregate 811 costs relpt¢d to the cgtègory. Expgndilure 1$ recogDis¢d where Ihfrre IB A leg85 or n$tructive oblig4Jon to make peymenlsto third partie8. 11 1$ probable that the setllernentwlll be requlred and the arnounl olthe ots1iga￿on can be me99wèd fellably.1115 ￿te9¢￿sed under th8 follNlng he8d1n￿.. Costs of rai¥Sng knnd? In¢lyde¥ Ihg cost ol pDrUollo manag8m•nt', ExpanclKur• on ch4rf¢able acllvlll•s Includgs th? (Ji￿1 c08t ol gr•At maklng., •nd oth•r 8xpenditure repre5entJ ih¢88 Itema not lalllng Into tho ¢8tpgorl•8 above. IrrecoverAbl• VAT IB Ghgrged a• 4n •xp•n•e •￿In#t the acttvty fr)r wNth expend￿Ure orw. Grbn¢8 p•y•blp to thlrd p8rtles •ro wllhln thg ch4ritable ¢bj•¢tive8. Wh•m un¢oftditbn$l grants 8ro ¢ffored. Ihig 1$ •ccrued ag soon 89 the reclpi•nt 18 notSfjed of the grant, as th18 9iv6s rls? to a rea59nable ¢xpeclatlon that lh• rKlplentwll rKèlve thè grAnl•. grarnts are eondlllonal ￿lating to perforfnance than the grant19 only accrued wh•n any unfulfiued condltions Rre outsld• of th• control of the Chority. Support ¢o•t• •110¢4tlon Support COSlgar& Iho3&that8s8Islthe work ollhe Charlly Wt do not dlreclly ropr&8gni charltsblè acliviibs and inelude office costs, governBnre ¢osts. elc. Thoy are ineurred direcity In sUPPOrt ol exp6ndilur* o th• obSgcts ol the Charity. Vvhere Support co$1$ ¢annol bv directly attributed lo particul•f heBding$ they hgvv bgon all4Kated to CD$t cf chari1Oble aciivhtie$ on a bas15 con8lstenl ￿th use ol the r8$our￿. Fund• Unre8lrtcted fvnd$ arè 8vallable use at th? di•eret+on of th8 Tru¥t••8 In further•nGp ol the gen8r*l obl9Ctveg 01 th8 Ch8rity and wfv'ch have not begn de81gMl•d lor other purpoBeg. Endowrnent funds repr•8ent tho80 •$sels whiGh Must be held perm¥n?ntly by th8 Ch8rSty, prfnclp8lly land 4nd qu¢￿ inveslrnent8. Income arlslng on the endowment funds ran be u594 in aCC￿￿anCe with the oblect$ ol the Chartty 8nd is Included os unre$trictel lfflcorne. Any G8P¢tal gainB or 1088e$ arlslng M the fom part ol the lund. Debtorn and credliorn recelvlblo I payable wtthln ong yèar Debtors Bnd credltors wlth no stated irilgrest rat• and receivabk or p8yable within ¢ne ye¥ Are record&d 8t tran5actlon prKe. Any losse5 ariging from imp8iment aro recogni%ed in expendlture. Page10 NEp￿llEL0 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS lor1￿ y￿r onded 31 Mireh 2025 leontlnugdl ACCOUNTING POLICES ICONTINUEDI Golng cvnc•rn The fnanclal ststernents havo b￿n prepared on a goirF concern b8s4$ as ¢hè Trustee5 believe that no material uncertainlles exbt. Th¥ Truslee8 hav¢ eonsider8dth8 level olfund3 held and the expected level ol income and expen(5iturg for 12 Months from guthorislng th95e flnancol jlatements. The budgeted Incom& ana •xpendSlUi¢ Is suffid¢nt with the levd el reserve¥ fvr tho Charity ￿ be Bble to ¢onllnue 09 goln9 #xncern. INCOME Incorne Irom and glfto wai £80) P024'. £6CQI bthch wholty 8#rLbUiab￿ to gernrnl Inre9tdr*ed fvn¢$. InveBtmont kncorne was £59,85412024.' £6D,642I wNth w89 wholty attrbutsbh to gen•r•l un￿trICt•d nds. Grants retym•d wero £7212024.. £2401 whleh werewholty ￿lbUl&ble kn98n•ral unr•6trILtsd fvrKI•. TRUSTEES, REMUNERATION The Tr￿te89 nelther rec•iv¢d any •rTrJumentB Or •xp•Thyos from the TN81 d￿rtn9 tho ￿l￿ont ty pr•vloui year. ORANT3 2028 2024 No. No. To Indi￿d￿l8 ts tr• IC4￿￿[Va purpxts.. EducaU(¥wl ClothiTrJ G•n8ral 20,046 1,511 27,1e8 17,324 15.385 34,948 27 48,727 57,e57 Durlng Ihv year e24,346 019rants wefg pald to 9 In8tltutlonB12024'. £29.552 10 7). YMCA Heart of England recelved £4.279 Ifor ih8lr youth lfradershlp progr8rnmBI. Llllle Heath Prfmary Schgol recefved £40) Ifor a fo$identral trip for èligibkn girl pypi151, You Can Flou￿Sh rec?wèd £6.200 (for their mentoring prcgfamm81, Kairos ￿T re¢eivèd £1,800 Itor loilelry p￿kS lor eligibl? limaleBI, stoke Heath Primary School reeeiTr £2,20) (for a resl¢Yenll81 trip for tlrgible girl pupils). Panahghar Pmject recefved £1.QCQ Ilor emergen toilelry pa¢ks loreligiblo women). EOgewi¢k Prlmary School received £3.789 Ifortsvo rè95dential $chool lripg for ellglble girl pupi151. coven￿ Rugby Foundation recgwed £1.500 Ilor coathing 6e5sions, food packages. equipment 8nd maikebng lor 9irf9 onty Rugby programm•l Coundm Piimory Scho>S receivod £3,200 (fu IAptop$ lor •llgible gill puplsl. Pag• 11 NEVIFIELD CHARrfABLE TRUST NOTES TO THE FINANCIAL STATEMENTS tor the y￿r •nded 31 March 2025 Icontlnu•d) SUPPORT COSTS 202$ 2024 Govem¥nce Cost8.. Cl•rk'$ fee Irdepondent 0XAmI￿8 fee In¥urancg Profes¥lcfial fees SuThYry rxp8rws 22200 3.547 278 21,240 21 26.194 n￿￿re on supp￿ ¢o8tswwe wholly attrlbtrtAbl¢ to gengral unr•sfficted fun¢S& In both Iho currènt And preceding yafjr. INVESTMENT PROPERTY Co•t or valu•tlon Fr••hold Land t 31 Marth 2W46 Jrd 31 Mird) 2024 40.OJO Th treehold land alw4$h￿0k Lane. Aknsl8y, Coventy is held forlnv•itmeN purpo$e8 andwa5 myglwd on 4n open market b8sls as at 1 June 2021 by Godfray Paylon, Charter8d Suryeyorg, In ordèr to comply Ihth• Stgtement olRfjwmmended Pr8ttiCe'Ac￿Unts￿9 by Ch8ritieJ". Tho hlstoric*l cogtoflhii laTrJ wa3 £4,IX)O. The Tiii•t•89 con3ldgr thore hag begn Tr) ¢PArge Intha valu• olthvl•nd ¥Lncv Ihe 1a•tv•k￿ffi. FIXEO ASSÉT INVE8TMeKr3 2026 2024 M8rtelvalue at 1 2024 1,739.117 1,tr28,240 Le•8'. sole procogd& Add." acquiiitityis 8t cost Net110¥¥5llgainJ on r￿￿lU8￿0￿ al 31 March 2025 11e3,340 161,234 19,¥2ei 1448.6181 453,82e I￿,087 Marf(?Ivalu? at 31 March 202S 1,707,086 1,739,117 18tortal cegt at 31 MArch 2025 1,491.1ce 1.476,440 Np Inv•gtsnentfepregent¢d more than 5% of Iho portlollo v•luv d￿ng th? ￿rrant Y￿r. P¥ge 12 NEIVFIELD CHARffABLE TRUST NOTES TO THE FINANCIAL STATEMENTS forth• y￿r Pndod 31 Mareh 202S l¢onUnu•dl ANALYSIS QF NET ASSET¥ BY FUND Cun•nl y•ar Genornl un￿trIctl￿ Fund Endtswm•nt Fund Totsl Invastment pTope¥ty Quoted 5nvutsneni¥ 8818nc8B With Qudler Chwlol Oth8r curmt 8$sets Current liabultlèb 40.OJO 1.707.0 1,031.L 37,164 e7e,o19 13,834 24.30S 129.246) 24. (29,248) Fund b@lar￿8 w al 31 Klareh 2026 1,108.230 884,740 1,792,940 Prlor ymr G•nw•l Unr••trf¢l•d Fund End0￿￿nI Fund Tot•1 Inv88tment propety Quoted Invcstmant¥ 8alancoF with Qulttof Ch•vlot OLher ¢urr¢nt a$￿tI rènt liablhUe6 1,080,854 20,725 e78,283 17,192 138.1151 680.C 1.739,117 37,917 47,1SO 138.1161 Fund balancyj ￿ 9131 ￿r¢* 2025 1,1e6,Cffj3 1,828,Cfj9 Tho initial caprtal of tht Tnjst WAS pLK•d In th• end0￿ent ￿n0. Th13 lund Int•rd•d b provK4? Ihe p?mi**nt capital b8s• olthe Tru¥L Th8 u￿￿tri￿Vd fuTrJ 19 kYth8 ncanal prov161on d gronts. The vÉn$f•r oflunds be￿￿￿ th• •ndowment and uNe8lrf¢tsd knd, r•lat• lo9 h￿1￿¢ gllwguon error of nvgsbr6nt portlol¢o fees. RELATED PARTY TRANSACTKINS Therfrwere no rel•t0d paty tr4nJac*ion• during Ihe year12024'. ￿ri. There were no Iransacllon¥ wrth Trust•￿, otherth•n tPthe dl8cbsed In ncts 3. P8ge13