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|1|Reference and Administrative Details|1-2|
|---|---|---|
|2|Trustees' Annual Report|3-7|
|3|Distributors' Annual Report|8-24|
|4|Statement ofTrustees' Responsibilities in||
||Respect ofthe Accounts|25|
|5|Independent Report of the Auditor|26-28|
|6|Statement of Financial Activities|29|
|7|Balance Sheet|30|
|8|Statement ofCash flows|31|
|9|Notes to the Accounts|32-53|
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||1 Year|Benchmark|Funds under Management|Funds under Management|as at 31st|March 2025|
|---|---|---|---|---|---|---|
||to 31st|March 2025|Elder's|Grandson's|Total|Income|
|CPI + 3%||5.9%|||||
|FTSE All-Share Index||10.5%|||||
|Rathbones|0.4%|4.6%|£14.9m||£14.9m|£295k|
|Evelyn (S&W)|4.8%|3.8%|£10.2m|£4.7m|£14.9m|£329k|
|Total Funds|||£25.1m|£4.7m|£29.8m|£624k|
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|Salford Wards|Number of Responsive and
Small Grants approved per
Ward|Number ofAccredited Grants
approved per Ward for the
three-year period 4st April,|
|---|---|---|
|||2023, to 31% March, 2026|
|Barton and Winton|0|0|
|Blackfriars and Trinity|2|0|
|Boothstown and Ellenbrook|1|0|
|Broughton|2|0|
|Cadishead and Lower Irlam|0|0|
|Claremont|3|0|
|Eccles|1|0|
|Higher Irlam and Peel Green|0|0|
|Kersal & Broughton Park|2|1|
|Little Hulton|3|1|
|QOrdsall|3|1|
|Pendlebury and Clifton|1|1|
|Pendleton and Charlestown|7|2|
|Quays|1|1|
|Swinton Park|4|1|
|Swinton and Wardley
Walkden North|2
0|0
0|
|Walkden South|0|0|
|Weaste and Seedley
Worsley and Westwood Park|6
0|2
0|
|*Other|41|11|
|Total|79|21|
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|The Distributors accredited the following 21 rec|ipient organi|sations for 3 years 2023/2026:|
|---|---|---|
|Organisation||Number ofbeneficiaries who benefitted
in the reporting period|
|Age UK, Salford, Humphrey Booth Day Centre, Langworthy
BASIC (Brain and Spinal Injury Centre)||250
Project paused|
|Broughton House Veteran Care Village||297|
|Citizens Advice Bureaux, Salford||3,846|
|The Kings Trust, Salford
Heritage Project - Buile Hill Mansion
Humphrey Booth Music Bursary
- MAPAS
Humphrey Booth Resource Centre (Aspire: For Intelligent||10
Scheduled for completion late 2025
15
30|
|Care and Support CIC)|||
|Lledr Hall Outdoor Education Centre||1,450|
|Magnus Mowat Bursary||15|
|Salford Loaves and Fishes||2,385|
|Salford City College||30|
|St Ann's Hospice, Little Hulton||1,000|
|The Booth Centre||1,756|
|The Fusilier Museum||462|
|The Lowry Centre Trust
The Salfordian Trust Company Limited, Salfordian|Hotel,|1,047
Hotel ceased trading wef 1stAugust, 2024|
|Southport|||
|The Together Trust, Humphrey Booth Hub, Ordsall||30|
|Waterside Resource Unit||27|
|Wood Street Mission||712|
|YMCA Manchester||3,050|
||TOTAL|16,412|
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|Salford Wards|Number of
Christmas Grants
per Ward|Total Number of
Beneficiaries per
Ward|Amount perWard|
|---|---|---|---|
|Barton and Winton|2|54|£475|
|Blackfriars and Trinity|0|0|0|
|Boothstown and Ellenbrook|1|30|£275|
|Broughton
Cadishead and Lower Irlam|1
1|68
31|£1,500
£550|
|Claremont|1|6|£100|
|Eccles|2|1,967|£1,430|
|Higher Irlam and Peel Green|0|0|0|
|Kersal & Broughton Park|0|0|0|
|Little Hulton|3|1,361|£6,875|
|Ordsall|1|28|£220|
|Pendlebury and Clifton|1|55|£1,375|
|Pendleton and Charlestown|5|375|£3,135|
|Quays|0|0|0|
|Swinton Park|1|180|£1,650|
|Swinton and Wardley||0|0|
|Walkden North|0|0|0|
|Walkden South|0|0|0|
|Weaste and Seedley|2|364|£1,800|
|Worsley and Westwood Park|1|472|£600|
|*Other|6|2,478|£7,440|
|Total|28|7,469|£27,425|
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|||GRANT DISTRI|UTION - ACTIVITY|UTION - ACTIVITY|||
|---|---|---|---|---|---|---|
|TYPE OF GRANT||NUMBER OF|NUMBER OF||NUMBER OF|NUMBER OF|
|||GRANTS|GRANTS||GRANTS NOT|GRANTS|
|||CONSIDERED|APPROVED||APPROVED|DEFERRED OR|
|||||||WITHDRAWN|
|ACCREDITED GRANTS|21
- approved for the period
20 accredited grants paid in
Salfordian Hotel, Southport|||April, 2023, to 315 March, 2026
the reporting period due to the closure of the|||
|ACCREDITED GRANTS||13||13|0|0|
|ENERGY COSTS|||||||
|RESPONSIVE GRANTS||21||14|7|0|
|GRANTS <£3,000||25||23|2|0|
|TOTAL||79||70|9|2|
##
|TYPE OF GRANT|OBJECT 1|OBJECT 2|OBJECT 3|OBJECT 4|OBJECT 5|
|---|---|---|---|---|---|
|ACCREDITED GRANTS|3|9|5|6|2|
|ACCREDITED GRANTS|2|7|2|2|0|
|ENERGY COSTS||||||
|RESPONSIVE GRANTS|0|10|6|3|2|
|GRANTS <£3,000|0|9|11|5|7|
|TOTAL|5|35|24|16|1|
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|Number|ofGrants|Approved|Amount ofGrant Funding
Approved|Approximate number of Salford
recipients benefiting from the|
|---|---|---|---|---|
|||||grant funding|
||1||£62,346|2,244|
##
|Number|ofGrants|Approved|Amount|ofGrant Funding
Approved|Approximate number of Salford
recipients benefiting from the|
|---|---|---|---|---|---|
||||||grantfunding|
||8|||£569,454|10,066|
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||||Designated Funds|Designated Funds|Permanent|2025|2024|
|---|---|---|---|---|---|---|---|
||Notes|Unrestricted
Funds|Discretionary
Capital|Extraordinary
Repairs|Endowment
Funds|Funds
Total|Funds
Total|
|||£000|£000|£000|£000|£000|£000|
|Income from:||||||||
|Investments||1,400|174|100||1,674|1,667|
|Other||126||||126|103|
|Total income|3|1,526|174|100||1,800|1,770|
|Expenditure on:||||||||
|Raising funds|4|546|19|314|42|921|662|
|Charitable activities|56&7|1,166||||1,166|978|
|Total Expenditure||1,712|19|314|42|2,087|1,640|
|Net gains on investments||4|208|110|289|611|6,219|
|Net income/(expenditure)||(182)|363|(104)|247|324|6,349|
|Transfers between funds|8|174|(174)|||||
|NET MOVEMENT OF FUNDS||(8)|189|(104)|247|324|6,349|
|Fund balances brought forward||2,382|8,191|4,209|40,110|54,892|48,543|
|Fund balances carried forward||2,374|8,380|4,105|40,357|55,216|54,892|
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|||As at 31st March|As at 31st March|
|---|---|---|---|
|||2025|2024|
|||£000|£000|
||Notes|||
|Fixed assets||||
|Investment properties|13|22,902|22,602|
|Investments|14|29,695|29,460|
|Fund manager deposits||115|385|
|Total fixed assets||52,712|52,447|
|Current assets||||
|Debtors|15|442|369|
|Short term investments||561|539|
|Money market and bank deposits||1,485|699|
|Cash at bank and cash equivalents||1,889|2,354|
|Total current assets||4,377|3,961|
|Liabilities: Creditors falling due within one year|16|(1,835)|(1,202)|
|Net current assets||2,542|2,759|
|Total assets less current liabilities||55,254|55,206|
|Creditors: amounts falling due after one year|16|(38)|(314)|
|Total net assets||55,216|54,892|
|Funds of the Charities||||
|Restricted||||
|Permanent Endowment|18|40,357|40,110|
|Unrestricted||||
|Designated Extraordinary Repair|19|4,105|4,208|
|Designated Discretionary Capital|20|8,380|8,191|
|General|21|2,374|2,382|
|Total unrestricted funds||14,859|14,782|
|Total funds of the charities|17|55,216|54,892|
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||Total Funds|Total Funds|
|---|---|---|
||2025|2024|
||£000|£000|
|Netcash used in operating activities:|(1,677)|(1,364)|
|Cash flows from investing activities:|||
|Dividends, interest and rents from investments|1,674|1,667|
|Proceeds from the sale of investment assets|346|291|
|Netcash provided by investing activities|2,020|1,958|
|Change in cash and cash equivalents in the year|343|594|
|Cash and cash equivalents brought forward|3,592|2,998|
|Cash and cash equivalents at the end of the year|3,935|3,592|
|Analysis ofcash and cash equivalents:|||
|Cash at bank and cash equivalents|1,889|2,354|
|Money market, bank deposits and short term investments|2,046|1,238|
|Total cash and cash equivalents|3,935|3,592|
|Reconciliation of net income to netcash flow from operating activities|||
|Net income/(expenditure) for the reporting period (as per SOFA):|324|6,349|
|Adjusted for:|||
|(Gains)/iosses on investments assets|(611)|(6,219)|
|Dividends, interest and rents from investments|(1,674)|(1,667)|
|(Increase)/decrease in debtors|(73)|(18)|
|Increase in creditors|357|191|
|Net cash used in operating activities|(1,677)|(1,364)|
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|||||2025|2024|
|---|---|---|---|---|---|
||Elder's|Grandson's|Distributors|Total|Total|
||£000|£000|£000|£000|£000|
|Income from||||||
|Investments|1,670|104||1,674|1,667|
|Other|92|1|33|126|103|
|Total Income|1,662|105|33|1,800|1,770|
|Expenditure on:||||||
|Raising funds|881|37|3|921|662|
|Charitable activities||24|1,142|1,166|978|
|Transfers between Charities|948|48|(996)|||
|Total Expenditure|1,828|109|149|2,087|1,640|
|Net gains on Investment assets|549|58|4|611|6,219|
|Net income|382|54|(112)|324|6,349|
|Transfers between funds||||||
|Net movement offunds|382|54|(112)|324|6,349|
|Fund balances brought forward|49,562|4,731|599|54,892|48,543|
|Fund balances carried forward|49,944|4,785|487|55,216|54,892|
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|Analysis|of income by fund||||||
|---|---|---|---|---|---|---|
||||Funds|Funds|||
||||Designated|Designated|||
|||Funds|Discretionary|Extraordinary|2025|2024|
|||Unrestricted|Capital|Repairs|Total|Total|
|||£000|£000|£000.|£000|£000|
|Rents||1,050|||1,050|1,025|
|Dividends|- Equities|264|140|69|473|484|
|Fixed Interest Income||84|33|30|147|133|
|Bank interest||75|1|1|77|81|
|VAT recovered||53|||53|47|
|Total Income||1,526|174|100|1,800|1,770|
##
|Analysis of income by Charity||||||
|---|---|---|---|---|---|
|||||2025|2024|
||Elder's|Grandson's|Distributors|Total|Total|
||£000|£000|£000|£000|£000|
|Rents|1,050|||1,050|1,025|
|Dividends
- Equities|388|85||473|484|
|Fixed Interest Income|130|17||147|133|
|Bank Interest|4|3|33|77|81|
|VAT and Income Tax recovered|53|||53|47|
|Total Income|1,662|105|33|1,800|1,770|
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||Unrestricted|Designated|Designated|Permanent|2025|2024|
|---|---|---|---|---|---|---|
||funds|discretionary
capital funds|extraordinary
repair funds|endowment
funds|Funds
Total|Funds
Total|
||£000|£000|£000|£000|£000|£000|
|Investment management fees|65|19|20|42|146|134|
|Property management fees|92||||92|110|
|Insurance ofassets (net)|28||||28|26|
|Property repairs & provisions|141||294||435|174|
|Legal & professional fees|67||||67|62|
|Trustees' Governance costs|153||||153|156|
|Total costs for raising funds|546|19|314|42|921|662|
||Elder's|Grandson's|Distributors|2025
Total|2024
Total|
|---|---|---|---|---|---|
||£000|£000|£000|£000|£000|
|Investment management fees|121|22|3|146|134|
|Property management fees|92|||92|110|
|Insurance ofassets (net)|28|||28|26|
|Property repairs & provisions|435|||435|174|
|Legal & professional fees|64|3||67|62|
|Trustees' Governance costs|141|12||153|156|
|Total costs for raising funds|881|37|3|921|662|
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|Grants to
institutions|Grants to
institutions|Grants to
individuals|Support
costs|2025
Total|2024
Total|
|---|---|---|---|---|---|
||£000|£000|£000|£000|£000|
|Distributors||||||
|Relief of aged, impotent or poor|28|1|5|34|38|
|Relief of distress and sickness|251||47|298|232|
|recreation and other leisure time occupation
Provision and support offacilities for|130||24|154|264|
|Provision and support of educational facilities
Other charitable purposes
*|62
569||12
106|74
675|350
78|
|Grandsons||||||
|and repairs
Sacred Trinity Church stipend, insurance|24||5|29|27|
|Direct charitable activities|1,064|1|199|1,264|989|
|Grants under-claimed, refunded or amended|(98)|||(98)|(mn|
|Total charitable activities|966|1|199|1,166|978|
|Analysis of support and governance costs|||
|---|---|---|
||2025|2024|
||Total|Total|
||£000|£000|
|Staff costs|151|151|
|Office costs|43|41|
|Sundry expenses|5|3|
|Total distributors' supportcosts|199|195|
|Trustee fees|25|25|
|Trustee meetings|2|2|
|Audit fees|17|17|
|Accountancy fees|26|27|
|Legal and professional fees|79|81|
|Insurances|4|4|
|Total trustees' governance costs|153|166|
##
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|7.|Charitable Grants expenditure|||||
|---|---|---|---|---|---|
||1.
Distributors' analysis of grants by number and value per category of object|||||
|||Number||Number||
|||ofgrants|2025|of grants|2024|
||||£||£|
||Object 1: Relief of aged, impotent or poor|||||
||Individuals|24|1,295|22|1,355|
||institutions|28|28,105|30|29,320|
|||52|29,400|52|30,675|
||Object 2: Relief ofdistress and sickness|||||
||Institutions|18|249,601|11|186,229|
||Object 3: Recreation and leisure|||||
||Institutions|10|130,365|20|211,522|
||Object 4: Educational facilities|||||
||Institutions|1|62,346|3|280,500|
||Object 5: Other|||||
||Institutions|8|569,454|5|62,830|
||Total grants by distributors|89|1,041,166|91|771,756|
||Charitable grants by Humphrey Booth the Grandson|||||
||Sacred Trinity Church|1|23,867|1|21,781|
||Gross grants expended|90|1,065,033|92|793,537|
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|7.|Charitable Grants expenditure|||
|---|---|---|---|
||2.
Detailed analysis ofgrants|||
||** single projects grant funded over dual objects||2025|
||||£|
||Grants to individuals|||
||Object 1
- Relief of aged, impotent or poor|||
||Benefits
- payments to 2 individuals, the maximum benefit to them being £106||168|
||TV licences
- these comprise of payments made for 22 individuals, the|||
||maximum being £159,
1 license for St James Close Community Centre and a||1,127|
||Motion Picture Licence.|||
||Total grants to individuals||1,295|
||Grants to institutions|||
||Object 1
- Relief of aged, impotent or poor|||
||Christmas grants (28 individual institutions, 44 residents of Humphrey Booth
Housing Charity and 2 Booth Benefit recipients)||28,105|
||Total to institutions||28,105|
||Object 2 - Relief ofdistress and sickness|||
||Salford Citizens Advice||60,000|
||Salford City Council
- Holiday Food Activity Programme 2025|Ax|45,600|
||Salford City Council
- Holiday Food Activity Programme 2024|ak|30,400|
||We Are Survivors||30,000|
||Salford Foundation Limited||20,236|
||Salford Ceremonial Mayor's CharityAppeal 2024/25||15,000|
||CommUNITY Little Hulton|xx|10,000|
||Salford Foodbank|*¥|10,000|
||The Lowry Centre Trust|Ax|7,500|
||Salford Community Leisure (Salford Creative Health Network)||5,000|
||Aspire 2 Age Better||3,000|
||Humans MCR||3,000|
||Don't Walk Past||3,000|
||Special Spirits|*%|1,500|
||Eye Eye Friendly Group|*%|1,480|
||The Fed (The Federation of Jewish Services)|xx|1,385|
||Salford Salvation Army Development Project|xx|1,000|
||Healthy Hearts Exercise Group|xx|750|
||Salford Prostrate Suport Group||750|
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|7.|Charitable Grants expenditure||||
|---|---|---|---|---|
||** single projects grant funded over dual objects|||2025|
|||||£|
||Object 3
- Recreation and Leisure||||
||Salford City Council
- Holiday Food Activity Programme 2025||Ax|45,600|
||Salford City Council
- Holiday Food Activity Programme 2024|||30,400|
||Parochial Church Council of Swinton|- St Peter's Church, Swinton||15,000|
||CommUNITY Little Hulton|||10,000|
||Eccles Town Hall Organisation (ECHO)|||10,000|
||Listening Books||xn|4,500|
||Claremont Tennis and Social Club|||3,000|
||Roe Green Bowling Club|||3,000|
||St Luke's C of E Primary School|||1,500|
||Eye Eye Friendly Group|||1,480|
||The Fed (The Federation of Jewish Services)||*x|1,385|
||Salford Salvation Army Development|Project||1,000|
||Northwest Junior Snooker Academy|||1,000|
||Healthy Hearts Exercise Group||ok|750|
||Bolton Road Veterans Bowling Club|||650|
||Pure Dance Workz|||600|
||Kings Square Library|||500|
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|7.|Charitable Grants expenditure|||
|---|---|---|---|
||** single projects grant funded overdual objects||2025|
||Object 4 - Educational facilities|||
||Life Centre Salford||44,846|
||The Lowry Centre Trust||7,500|
||Listening Books|**|4,500|
||Special Spirits|hl|1,500|
||St Luke's C of E Primary School||1,500|
||Salford Salvation Army Development Project|hd|1,000|
||Northwest Junior Snooker Academy|hl|1,000|
||Kings Square Library||500|
||Total to institutions||62,346|
||Object 5 - Other|||
||Buile Hill Mansion
- Refurbishment project||533,254|
||Parochial Church Council of Swinton
- St Peter's Church, Swinton||15,000|
||Salford Foodbank||10,000|
||Sacred Trinity Church||3,000|
||PDSA Wellbeing Cnetre, Manchester (The Montague-Panton Hospital)||3,000|
||Salford CVS||3,000|
||The Broughton Trust||1,000|
||Andante Choir||750|
||Number 4 Korea Company, Greater Manchester Army Cadets||300|
||The Manchester University Guild ofChange Ringers||150|
||Total to institutions||569,454|
||Total grants to individuals||1,295|
||Total grants to institutions||1,039,871|
||Total grants by Distributors||1,041,166|
||Charitable grant by Humphrey Booth the Grandson|||
||50% of cost of stipend of Sacred Trinity Church||19,500|
||Sacred Trinity Church repairs|||
||Insurance ofSacred Trinity Church||4,367|
||Total grants by Humphrey Booth the Grandson||23,867|
||Total grants by Distributors & Humphrey Booth the Grandson||1,065,033|
##
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|Charitable Grants expenditure||2025|
|---|---|---|
|3. Grants under-claimed, refunded or amended regarding previous years|||
|This relates to grants previously provided for but which have been under-|||
|claimed, refunded or amended|||
|Total Grants under-claimed, refunded or amended||98,254|
|4. Grants to Connected Charitable Organisations|||
||2025|2024|
|Oraanisation/Distributors declaring an interest|£|£|
|Salford City Council (CouncillorJ Mullen, Councillor G Reynolds)|91,200||
|Healthy Hearts Exercise Group (Mrs M-L Walker, JP DL)|1,500||
|Age UK, Salford
(Mrs B Griffin, MBE)
Chandos Bowling Club
(Mrs M-L Walker, JP DL)||23,000
1,431|
|Height Veterans Bowling Club
(Mr P M McNamara)||450|
##
||||2025|2024|
|---|---|---|---|---|
||||£000|£000|
|Audit|services|(net of Vat)|14|14|
|Other|assurance services|||2|
|Total|||14|16|
##
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||2025|2024|
|---|---|---|
||£000|£000|
|Salaries|128|133|
|Agency staff|5||
|Social Security costs|11|11|
|Pension costs|7|7|
||151|151|
##
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||Unrestricted
Funds|Designated
Discretionary|Designated
Extraordinary|Permanent
Endowment|2025
Total|2024
Total|
|---|---|---|---|---|---|---|
|||Capital Funds|Repair Funds|Funds|Funds|Funds|
||£000|£000|£000|£000|£000|£000|
|Investment properties||||22,902|22,902|22,602|
|Investments||8,252|4234|17,209|29,695|29,460|
|Fund manager deposits||40|40|35|115|385|
|Total fixed assets||8,292|4,274|40,146|52,712|52,447|
|Debtors|420|15|7||442|369|
|Intra fund accounts|(144)|83|(171)|232|||
|Cash|3,935||||3,935|3,592|
|Current assets|4,211|98|(164)|232|4,377|3,961|
|Current liabilities|(1,799)|(10)|(5)|(21)|(1,835)|(1,202)|
|Liabilities >
1 year|(38)||||(38)|(314)|
|Total net assets|2,374|8,380|4,105|40,357|55,216|54,892|
##
||||||2025|2024|
|---|---|---|---|---|---|---|
||Eider's|Grandson's|Distributors|Adjustments|Total|Total|
||£000|£000|£000|£000|£000|£000|
|Investment properties|22,900|2|||22,902|22,602|
|Investments|25,040|4,655|||29,695|29.460|
|Fund manager deposits|97|18|||115|385|
|Total fixed assets|48,037|4.675|||52,712|52,447|
|Debtors|406|8|32|(4)|442|369|
|Cash|1,926|131|1.878||3,935|3,592|
|Current assets|2,332|139|1,910|4)|4,377|3,961|
|Current liabilities|(425)|(29)|(1,385)|4|(1,835)|(1,202)|
|Liabilities >
1 year|||(38)||(38)|(314)|
|Total net assets|49,944|4,785|487||55,216|54,892|
##
##
|13.|Investment properties||||
|---|---|---|---|---|
|||Permanent Endowment Fund|||
|||Elder's|Grandson's|Total|
|||£000|£000|£000|
||Balance at
1 April 2024|22,600|2|22,602|
||Revaluation of property|300||300|
||Balance as at 31 March 2025|22,900|2|22,902|
##
##
##
##
|Unrestricted-|Unrestricted-|Permanent|2025|Unrestricted-|Permanent|2024|
|---|---|---|---|---|---|---|
||Designated|Endowment|Total|Designated|Endowment|Total|
||Funds|Funds|Funds|Funds|Funds|Funds|
||£000|£000|£000|£000|£000|£000|
|Market value at
1 April 2024|12,283|17.177|29,460|10,756|14,835|25,591|
|Additions|1,890|3,429|5,319|587|4,871|5,458|
|Disposals at market value|(1,645)|(3,110)|(4,755)|(632)|(3,914)|(4,546)|
|Net unrealised investment
(losses)/gains|(42)|(287)|(329)|1.572|1,385|2,957|
|Market value at 31 March 2025|12,486|17,209|29,695|12,283|17.177|29,460|
|The investments comprise:|||||||
|UK equities|1,872|1,821|3,693|1,961|2,424|4,385|
|Non U.K. equities|5174|7.800|12,974|4,121|6,120|10,241|
|U.K. Government securities|285|865|1,150|133|522|655|
|Other fixed interest|1,044|1.613|2,657|1,077|1,868|2,945|
|USA Government securities|102||102|98||98|
|Tracker funds|246|424|670|176|361|537|
|Open Ended Investment|||||||
|Companies|3,763|4,686|8,449|4,717|5,882|10,599|
|Total market value of investments|12,486|17,209|29,695|12,283|17177|29,460|
||Unrestricted-|Permanent|2025|Unrestricted-|Permanent|2024|
|---|---|---|---|---|---|---|
||Designated|Endowment|Total|Designated|Endowment|Total|
||Funds|Funds|Funds|Funds|Funds|Funds|
||£000|£000|£000|£000|£000|£000|
|UK Govt Bonds|285|865|1,150||||
|JP Morgan||||378|719|1,097|
|Schroders||||451|530|981|
##
##
|||Unrestricted|Designated|Designated|Permanent|2025|2024|
|---|---|---|---|---|---|---|---|
|||Funds|Discretionary|Extraordinary|Endowment|Total|Total|
||||Capital Funds|Repair Funds|Funds|Funds|Funds|
|||£000|£000|£000|£000|£000|£000|
|Rent debtors|*|311||||311|256|
|Amount owed
funds|to/from Group|(144)|83|(171)|232|||
|Accrued income||40|15|7||62|66|
|Other debtors||69||||69|47|
|Total debtors||276|98|(164)|232|442|369|
|Current assets
- debtors by ch|arity|||||
|---|---|---|---|---|---|
|||||2025|2024|
||Elder's|Grandson's|Distributors|Total|Total|
||£000|£000|£000|£000|£000|
|Rent debtors *|311|||311|256|
|Accrued income|54|8||62|66|
|Other debtors|37||32|69|47|
|Total debtors|402|8|32|442|369|
##
##
||||Unrestricted
Funds|Designated
Discretionary|Extraordinary
Designated|Permanent
Endowment|2025
Total|2024
Total|
|---|---|---|---|---|---|---|---|---|
|||||Capital Funds|Repair Funds|Funds|Funds|Funds|
||||£000|£000|£000|£000|£000|£000|
|Less than|1 year||||||||
|Prepaid rental income||*|308||||308|283|
|Accruals|||116|10|5|21|152|163|
|Grants committed|||1,375||||1,375|756|
||||1,799|10|5|21|1,835|1,202|
|More than|1 year||||||||
|Grants committed|||38||||38|314|
|Total liabilities|||1,837|10|5|21|1,873|1,616|
|Liabilities by charity||||||||
|---|---|---|---|---|---|---|---|
|||Elder's|Grandson's|Distributors|Distributors|2025|2024|
|||<1year|<1 year|<1 year|> 1 year|Total|Total|
|||£000|£000|£000|£000|£000|£000|
|Prepaid rental income|*|308||||308|283|
|Accruals||116|25|11||152|163|
|Amounts owed to group
charities||4)|4|||||
|Grants committed||||1,375|38|1,413|1,070|
|||420|29|1,386|38|1,873|1,516|
##
##
##
##
|||||Transfer|||
|---|---|---|---|---|---|---|
||Balance|||between|Net|Balance at|
||at 1 April
2024|Income|Expenditure|Unrestricted
Funds|Investment
Gains|31 March
2025|
||£000|£000|£000|£000|£000|£000|
|Elder's charity|49,562|1,662|(881)|(948)|549|49,944|
|Grandson's charity|4,731|105|(61)|(48)|58|4,785|
|Distributors|599|33|(1,145)|996|4|487|
||54,892|1,800|(2,087)||611|55,216|
##
|||||Transfer|||
|---|---|---|---|---|---|---|
||Balance|||between|Net|Balance at|
||at 1 April
2024|Income|Expenditure|Unrestricted
Funds|Investment
Gains|31 March
2025|
||£000|£000|£000|£000|£000|£000|
|Elder's permanent
endowment|37,770||(37)||233|37,966|
|Grandson's permanent
endowment|2.340||(5)||56|2,391|
||40,110||(42)||289|40,357|
##
##
##
|and the fitting, furniture an|d o|rnaments|therein.|||||
|---|---|---|---|---|---|---|---|
||||||Transfer|||
||Balance||||between|Net|Balance at|
||at|1 April
2024|Income|Expenditure|Unrestricted
Funds|Investment
Gains|31 March
2025|
|||£000|£000|£000|£000|£000|£000|
|repair fund
Elder's extraordinary||4,096|95|(313)||109|3,987|
|Grandson's extraordinary
repair fund||113|5|(1)||1|118|
|||4,209|100|(314)||110|4,105|
|apply the capital of these|fun|ds for the p|urposes of|the Charities.||||
|---|---|---|---|---|---|---|---|
||||||Transfer|||
||Balance||||between|Net|Balance at|
||at|1 April
2024|Income|Expenditure|Unrestricted
Funds|Investment
Gains|31 March
2025|
|||£000|£000|£000|£000|£000|£000|
|Elder's discretionary
capital fund||5,984|130|(14)|(130)|207|6,177|
|capital fund
Grandson's discretionary||2,207|44|(5)|(44)|1|2,203|
|||8,191|174|(19)|(174)|208|8,380|
|Charities for|grant making|activities.||||||
|---|---|---|---|---|---|---|---|
|||||Transfer|Transfer|||
||Balance|||from|between|Net|Balance at|
||at 1 April
2024|Income|Expenditure|Designated
Funds|Unrestricted
Funds|Investment
Gains|31 March
2025|
||£000|£000|£000|£000|£000|£000|£000|
|Elder's
charity|1,712|1,437|(517)|130|(948)||1,814|
|charity
Grandson's|71|56|(50)|44|(48)||73|
|Distributors|599|33|(1,145)||996|4|487|
||2,382|1,526|(1,712)|174||4|2,374|
##
##
##
##
##
|||Designated|Designated|Permanent|2024|
|---|---|---|---|---|---|
||Unrestricted|Discretionary|Extraordinary|Endowment|Funds|
||Funds|Capital Funds|Repair Funds|Funds|Total|
||£000|£000|£000|£000|£000|
|Income from:||||||
|Investments|1,418|159|90||1,667|
|Other|103||||103|
|Total income|1,521|159|90||1,770|
|Expenditure on:||||||
|Raising funds|421|17|184|40|662|
|Charitable activities|978||||978|
|Total expenditure|1,399|17|184|40|1,640|
|Net gains on investment assets|28|1,003|608|4,580|6,219|
|Net income/(expenditure)|150|1,145|514|4,540|6,349|
|Transfers between funds|159|(159)||||
|Net movementoffunds|309|986|514|4,540|6,349|
|Fund balances brought forward|2,073|7,205|3,695|35,570|48,543|
|Fund balances carried forward|2,382|8,191|4,209|40,110|54,892|