THE NATHANIEL REYNER TRUST FUND CHARITY REGISTRATION NUMBER: 223619 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
THE NATHANIEL REYNER TRUST FUND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 CONTENTS Pag• Chadty Information Trustees, Report Statement of Trustees, Responsibiliti88 lThJ8pend8nl Examinerfs R8POrt Statement of Financi81 Actlvitl88 Balance Sh88t Notes to th8 Financial Statements 8-10 DIstributi9 mad8 In th8 yaar Summary Income and Expenditure Account 12 Investment Scheduk8 13
THE NATHANIEL REYNER TRUST FUND CHARITY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2025 Truste88 Mr R Redfern {Chawman) MrFNWard Miss J Hop8 Mr S Keenan Mrs P Cansfield Mrs V Dowling Iretlred 7 November 2024) Mr RJ Poole Ms KA Roche Mrs SJ Sillifant Secrotary Mr L W Downey MA (Oxon.) Bankors Barclays Bank PIC Investment Managarn R8thtrThies Investm8nt Management Port of Llverpool Building Pier Head Liverpcol L3 1NW Independent Examln•r Stephen Leonard Counting for Communitiés Ltd 16 Holmwood Drive Liverpool L37 1PQ Registered Offlce Ripley House 56 Freshfield Road Formby LiveTPts)I L37 3HW Regi8tsr8d Charlty Numbor 223619
THE NATHANIEL REYNER TRUST FUND TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees present their report and the accounts for the year ended 30 Septsmber 2025. The accounts have been prepared in accordance with the accounting policies set out in note 1 to th& accounts and comply with the fund's trust de8d, the Charrties Act 2011 and the 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo chariti8s preparing the accounts in accordance with the Financial Reportlr¥J Standard applicable in the UK and R8public of Irèland (FRS 1021 {effectlV8 1 January 20191,. OBJECTIVES AND ACTIVITIES The charitable objecVeS of Th8 Nathan181 Reyrw Trust Fund rKTrN fall Into three separate cat8gorl8s, namely.. 1. To provkle financial assistance and support to the United Reformed Church In the Merseyside region. 2. To provide asslstsnce and suprort to th8 8aptist Church in the Merseysld8 region. 3. To glv8 financial gUPWrt and asslstance to any other g8ner81 charltable objects. Thè dlvlsSon of the funds as b8hYeen thé thre8 obJ8cls Is at th8 discretlon of the trustees. With regard to Ihe general ch8ritable objects, the maln factors taken Into pLcounl by the trustees wh8n considerlng an application for assist8nc8 ar6 tha following.. 1. Th6 organisatlon applylng for the flnanclal asslstanca must b& a registerèd charty, 2. Thè trustees do not consider applicatlons from individuals, 8tthough that may be a matter for the Grant, Bagshaw, Rogers and Tldswell Fund - see separate rewrt. 3. Th6 trustees give priorlty to charities who are either based in Merseyside or who gfve assi8tancg and support to indivlduals who live on Merseyside. 4. Th8 trustees gfve priorfty to'sm8118f charitable organisatlons rath8r than 'nation81' charitle$. 5. The trustees will not normally support funding of medical research or donations lo a particular church or d8nomination (unless th8 project is community orlentated lo a significant exlert). PUBLIC BENEFrr The truslees are satisfied that the objectives of the charlty have b8en met and thal Ihey have had due regard to the Charity Commission's Guidance on Public Benefit.
THE NATHANIEL REYNER TRUST FUND TRUSTEES, ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 GOVERNANCE In respect of each of the three objects referred to applications are considered by small sulF committees comprising or three trustees, who take prime responsibility for reviewing needs and making recommendations lo the trustees as lo payment of grants. The body of trustees meets on occasions in the year and then authorises the appropriate payments. FINANCIAL REVIEW The trustees review the operation of the Investmenl Portfolio on a periodic basis to ensure that its performance meets the funds objectives. The value of the fund as at the 30 September 2025 was £1,486,14012024'. £1,423,218) and of this sum the market value ofthe quoted investments was £1,406,90412024. £1,366,931) The net inflow I loufflow) from the fund (after d8ducting all expenses but before gains on sale of investments and transfers betsveen the revenue and capital funds) amounted to £4,619 inflow12024'. £5,354 outflow) for the year under review. In relation to the quoled investments referred lo in the balance sheet th8 trustees are advised by Investec and the truslees have an Investmènt Committee which meets at regular inteNals, those meetings being attended by a representative of the investment managers. With approval of the Charity Commission, the quoted investments are now vested in the nominee name of Rathbones. The investment managers have discretion to deal with the inv8Stments but all transactions are reviewed by the Investment Committee and thereafter by the trustees of the fund. RESERVES POLICY 11 is the policy of the fund to ensure that sufficient unrestricted funds have been maintained to Covèr the fund's granl making during the year. RISK FACTORS The trustees have assessed the major risks to whiGh the fund is exposed. and are satisfied that systems are in place to mitigate exposurè to risk. The trustees recognise the risk associated with investment in mainstream financial markets and accept this risk in return for the prospecl of addilional returns over longer periods of time. On behalf of the board of trustees Mr R Redfern {Chairman) Trustee Date
THE NATHANIEL REYNER TRUST FUND STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees are r8sponsible for preparing the accounts in accordance whh appllcable law and United Kirodom Generally Accepted Accounting Practice. Law applicable to charities in England and Wales requires th8 trustees to prepare accounts for each financial year which gNe true and fair view of the fund's financial aclivities durlng th8 year and of its financial pjsition al th8 gnd of the year. In prèparfng accounts gfvlng 8 truè and falr view, the tru81e88 should follow best practlce and: select sui18ble accounting pollcl8s and then appty th8m consistentty., mak8 Judgements and esllmalés that are raS(able and prL*Yent' state whether appllcable accountsng stsndards and statements of recomm8nded practlce h8ve been followed subject to any dep8rturès disclosed and explalnèd In the accounts. prepare the accounts on the plng concern bashs unless It Is Inappropriate lo presum8 that the fund will conb'nue in oFeralion The Iruslees are responsible for keeping proper accounting records whlch disclose wlth reasonable accuracy at any lime th8 flnancial position of the fund and 8n8ble them to ensure that the accounts cornpty with the applicable law. They ar8 also resp81b18 for safeguarding the assets of the fund and hence for taking reasonabl8 St8ps for the prevèntion arvj detection of fraud and other irregularities.
THE NATHANIEL REYNER TRUST FUND INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the accounls of the Trust Fund for the year ended 30 September 2025 which are set out on pages 6 to 10. Respective responsibilities of trustees and examlner The fund's trustees are responsible for the preparation of the accounts. The fund's trustees Consider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ithe 2011 Act) 8nd that an independent examination is needed. It is my responsibility to., examine the accounts under s8clion 145 of the 2011 Act., follow the procedures laid down in the general Directions given by the Charity Commission under section 14515llbl of th8 2011 Act, and stale whether particular matters have come lo my attention, Basis of independent examlnerf8 rèport My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes 8 review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whéther the accounts present a "true and fair view" and the report is limited to those matters sel out in the statement below. Independent examlnerfs ststèment In connection with my examination, no matter has come to my attenlion.. which gives me reasonable cause to believe that. in any material respect. th6 requiromont$.' to keep accounting records in accordance with section 130 of the 2011 Act., and b. to prepare accounts which accord with the accounting records, comply with the a¢counting requirements of the 2011 Act havè not b88n met,, or 2. lo which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be r88ch8d. Signed.. Date.. Name.. Slephen Leonard Professional qualifications.. BA, FCCA Counting for Communities Ltd 16 Holmwood Drive, Liverpool, L37 1 PQ
THE NATHANIEL REYNER TRUST FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unrostrlcted Fund• 2025 2025 Capital Total Fund Fund 2025 Revenue Fund 2024 Total Fund Nolo INCOMING RESOURCES Investments 60,835 80,833 48,135 Total incoming r8sourc8s 60,835 60,835 48,135 RESOURCES EXPENDED Raising funds Charitable 8CtiMts'es 9,616 9,616 46,600 11,123 42,6 46,600 Totsl resources expended 46,600 9,616 56,216 53,489 Net Incomlng rOUre•l 14,235 {9,818) 4,619 {5,3541 ProfrtllL0881 on investment sales G8lnl{Loss) on revaluallon of Investments Gross transfers bthéen funds (1,988) (1,9881 80,291 eo,291 21,620 135,997 (11,1391 11,139 Not nY)veTrnt In funds 59,826 62,922 152,263 Fund balances broughl forward 42,323 1.380,895 1,423,218 1,270,955 TOT FUNDS CARRIED FORW*RD 11 45,419 1,440,721 1,486,140 1.423,218
THE NATHANIEL REYNER TRUST FUND BALANCE SHEET AS AT 30 SEPTEMBER 2025 Nota 2025 2024 Flxed a88ets Investments D8POSIt k¢ounts 1,406,904 33,817 1,440,721 1,3e6,931 13,964 1,380,895 Current a888ts Debtors Cash at bank and in hand 583 44,025 47,794 47,794 44,608 Los8 .' Current Llabllltles Credrtors Amount falling due within one year 10 (2,376 (2,285) Nel current assets 45,419 42,323 Total assels less current 1,486,140 1,423,218 Unrostrict•d Fund$ Capital fund Revenue fund 1,440,721 1,380,895 45,419 42,323 1,486,140 1,423,218 The capital fund includes unrealised gains of £294,412 (2024 . £277,400) The financial statements were approved by the trustees Mr R Redfern (Chaimanl Trustee MrFN Truste8 IC Date
THE NATHANIEL REYNER TRUST FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 1 ACCOUNTING POLICIES 1.1 Accountlng conventlon The financl81 statemenls have been prepared under the histcKScal cost convention modrfied by the inclusion of investments at market value and In accordance with the Charities Act 2011 and 'Accounling and Reporting by Charities.. Sl8temenl of Recommended PractlC8 for chari118S' applicable to charities preparirwJ their accounts in accordance with the Financ¢al Raporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectlve 1 January 2019). 1.2 Incomlng resources All incomSng soUrceS are included on the Statement of Financial Activities (SOFA) when the charity is lagally entlded to th8 Income and th8 amount can be quantified with reasonable 8ccuracy. Inv8stmenl Income is included in the accounts on the date payable and Is Ihe aclual amount received. Bank deposft interest Is rec(nISed in the perbd In whkh It relate8. 1.3 Rasourc8s expend Charitabl8 8xperKiilure comprises th¢)se costs Incurrèd by th8 fund in the dellvery of Sls actlvitles and services fcy its beneficiaries.11 Includ85 Costs that can be all¢xated directly to such actlvllles. LSabillty Rec(>Jnltlon - IlabSllttes are recognlsed os Soon as thère Is a legal or constructive obligation committing the charity lo pay out resources. Dlstributions - are charged in thg accounts In the period in whlch they are payable. Govemance costs- includ8 those costs associated with meeting th8 conslitulion81 and statutory requirements of thè fund and Includes the indepèndent examiners fae and costs linked to the strategic rnanagement of the charity. 1.4 Investmgnls Investments are included in the balanc8 sh88t al market value. 1.5 Taxatlon The charity is exempt from corwrathjn tax on its charitable aCtltIes and is not registered for VAT.
THE NATHANIEL REYNER TRUST FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Note INCOMING RESOURCES InvestThnt Inco hcome from lisl&J investments ht8resl accrued at year end Mscellaneous income 2025 2024 61,396 (583) 22 60,835 44,520 583 3,032 48,135 RESOURCES EXPENDED Ral8lng funds hv8Stm8nt Vanagemenl costs 2025 2024 9.616 9,616 11,123 11,123 Charltabla a¢tlvltl•¥ Dlrect Charltablo Expondlturo Grants payable 2025 2024 40,000 38.C01 Support & Gov•rnanrA Costs Secretarlal fees d8p8ndenl examinerfs fe88 Payments lo Iruslees 5,6SO 750 200 46.600 5,455 710 200 42,366 Trustees, Expen••• The trustees were relmbursed to the sum of £200 for 8xFenses durir¥J the year {2024 . £2001 Tru8ta•8' R•nwneratlon and Beneflts There wer8 no trustses, remun8rats.on or other beneffts for the year ended 30 Sept8mb8r 2025 nor for the year ended 30 September 2024 Env10•8 There were no employees durlng the year
THE NATHANIEL REYNER TRUST FUND NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 Not Flxed Pssot Invo8tnftt8 Market value: Al 1st October 2024 dditions in the year Disposals at cpening market valu8 Ch8nge In valu8 In the ar 1,366,931 94,426 1114,744} 60.291 30th Sèptener 2025 1,406,904 Hlstorleal eo8t: 30th S8Pt8mber 2024 1,089,S31 At 30th September 2025 1,112,492 2025 2024 Debtorn knterest 8ccrued al y8ar and Other debtors 583 583 2025 2024 10 Credltors Secretarial fees Other creditors lrKlendent Examiner's fee 1,425 200 750 2,375 1,375 710 2,285 11 Analsry18 of not a888ts b01we8n funds Rovanvo Funds Capftal Funds Total Balances at 30 Septemter 2025 are.. Investments Curr8nt assets Creditors falling du8 wlthln C year 1,440,721 1.440,721 47,794 12.375) 1,486,140 47,794 (2,375) 45,419 1,440,721 10