| Page | |
|---|---|
| Reference andAdministrativeDetails | 1 |
| ReportoftheTrustee | 2lo5 |
| Report ofthe lndependent Auditors | 6to8 |
| StatementofFinancialActivities | 9 |
| Balance Sheet | 10 |
| Notesto theFinancialStatements | 11to17 |
| CORPORATE TRUSTEE | JohnHenry King Fund Limited (company number 00946817) |
|---|---|
| DIRECTORS OF | CanonPJ Townsend |
| CORPORATE TRUSTEE | MonsignorTMcGrath |
| ReverendAD'Mello | |
| ReverendJ ALee | |
| PRINCIPALADDRESS | Catholic Presbytery |
| Middle Road | |
| Park Gate | |
| Southampton | |
| Hampshire | |
| SO317GH | |
| REGISTEREDCHARITYNUMBER | 224437 |
| INDEPENDENT AUDITORS | MC Audit Limited |
| Statutory Auditors | |
| Lake House | |
| 2 Port Way | |
| Port Solent | |
| Portsmouth | |
| Hampshire | |
| PO6 4TY | |
| BANKERS | CAF Bank Limited |
| 25 KingsHillAvenue,KingsHill | |
| West Malling | |
| Kent | |
| ME19 4JQ | |
| INVESTMENTMANAGERS | Rathbones lnvestment ManagementLtd |
| Wykeham Court | |
| Victoria Road | |
| Winchester | |
| so237RG |
31 July 2026
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | e | t | |
| INCOMEANDENDOWMENTS FROM | |||
| Donations and legacies | 3 | 2,243 | 28,930 |
| lnvestment income | 4 | 65,738 | 62,134 |
| Total | 67,981 | 91,064 | |
| EXPENDITURE ON | |||
| Raising funds | 5 | 9,175 | 10,119 |
| Charitable activities | 6 | ||
| General | 60,768 | 64,877 | |
| Total | 69,943 | 74,996 | |
| Netgains on investments | 183,096 | 69,068 |
|
| NET INCOME | 181,134 | 85,136 | |
| RECONCILIATIONOFFUNDS | |||
| Totalfundsbrought forward | 2,354,038 | 2,268,902 | |
| TOTALFUNDSCARRIEDFORWARD | 2,535,172 | 2,354,038 |
| BALANCESHEET 31DECEMBER2025 |
|||
|---|---|---|---|
| 2025 | 2024 | ||
| Total | Total | ||
| Notes | funds f |
fundst | |
| FIXED ASSETS | |||
| lnvestments | 10 | 2,472,956 | 2,247,267 |
| CURRENT ASSETS | |||
| Debtors | 11 | 211 | 205 |
| Cash at bank | 74,399 | 116,147 | |
| 74,609 | 116,352 | ||
| CREDITORS | |||
| Amounts falling due within one year | 12 | (12,393) | (e,581) |
| NET CURRENT ASSETS | 62,216 | 106,771 |
|
| TOTALASSETS LESS CURRENT | LIABILITIES | 2,535,172 | 2,354,038 |
| NET ASSETS | _2,535Jn | _2,354,03q | |
| FUNDS | 13 | ||
| Unrestricted funds | 2,535,172 | 2,354,038 | |
| TOTALFUNDS | 2,535,172 | 2,354,038 |
| 3. | period,orintheperiodof therevision and future periods, wheret periods. DONATIONSANDLEGACIES |
herevision affects both curre |
nt andfutu |
|---|---|---|---|
| 2025 | 2024 | ||
| e | € | ||
| Donations | 2,033 | 2,209 | |
| Gift aid | 210 | 176 | |
| Legacies | 26,545 | ||
| _2,243. | _28,930 | ||
| 4. | INVESTMENT INCOME | ||
| 2025 | 2024 | ||
| t | t | ||
| Dividends received | 43,257 | 39,108 | |
| lnterest receivable - Non-trading investment interest | 22,481 | 23,026 | |
| _45,738 | 62,134 |
| lnvestmentmanagementcosts | ||
|---|---|---|
| 2025 e |
2024 f |
|
| Supportcosts | 9,175 | _1_0,119 |
| FOR THEY | EARENDED 31 DECE | MBER 2025 | |||
|---|---|---|---|---|---|
| 6. | CHARITABLEACTIVITIES COSTS | ||||
| Grant | |||||
| funding of | |||||
| activities | Support | ||||
| Direct | (see note | costs (see | |||
| Costs t |
7) e |
note8) s |
Totals e |
||
| General | _1312 | _4o94o | i_8src | _q0/qq | |
| 7. | GRANTS PAYABLE | ||||
| 2025 € |
2024t | ||||
| General | 40,940 | 45,975 | |||
| 8. | SUPPORTCOSTS | ||||
| Governance | |||||
| Finance e |
costs t |
Totals I |
|||
| lnvestment management costs | 9,175 | 9,175 | |||
| General | 135 | 18,381 | 18,516 | ||
| _9,310 | 19,3q1 | n,691- | |||
| Support costs, includedinthe above, areasfollows | |||||
| Finance | |||||
| 2025 | 2024 | ||||
| lnvestment | |||||
| management | Total | Total | |||
| costs t |
General f |
activities c |
activities t |
||
| Bank charges | 135 | 135 | 135 | ||
| Fund manager's fees | 9,175 | 9,175 | 10,119 | ||
| 9,175 | 135 | 9,310 | 10,254 | ||
| Governancecosts | |||||
| 2025 | 2024 | ||||
| Total | |||||
| General | activities | ||||
| t | e | ||||
| Auditors'remuneration | 7,115 | 7,990 | |||
| Accountancy and legal fees | 11,266 | 9,437 | |||
| 18,381 | 17,417 |
| FIXEDASSETINVESTMENTS | ||
|---|---|---|
| Listed | ||
| investments | ||
| f | ||
| MARKET VALUE | ||
| At1January 2025 | 2,193,494 | |
| Additions | 262,863 | |
| Disposals | (220,265) | |
| Realised gain | 28,744 | |
| At31December2025 | 2,264,836 | |
| PROVISIONS | ||
| At1January 2025 | (53,7731 | |
| Unrealised gain | (154,3471 | |
| At31December2025 | (208,120) | |
| NETBOOK VALUE | ||
| At31December2O2S | _2,472,956 | |
| At31December2024 | _2,247,267 | |
| Analysisofinvestments by type | ||
| 2025 f |
2024 e |
|
| Equities | 1,693,770 | 1,528,535 |
| Fixed interest securities | 779_J_86 | 719,732 |
| 2,472,956 | 2,247,267 | |
| Geographical analysis of investments | ||
| 2025 | 2024 | |
| e | e | |
| Held insidetheUnited Kingdom | 1,989,011 | 1,610,315 |
| Held outsidetheUnited Kingdom | 48tp4g | 636,952 |
| 10. | FIXEDASSETINVESTMENTS -continued | ||||
|---|---|---|---|---|---|
| 2,472,956 | 2,241,267 | ||||
| 11. | DEBTORS:AMOUNTS FALLINGDUE WITHIN ONE YEAR | ||||
| 2025 t |
2024t | ||||
| Other debtors | 211 | 205 | |||
| 12. | CREDITORS:AMOUNTS FALLINGDUE WITHIN ONE YEAR | ||||
| 2025 | 2024 | ||||
| e | € | ||||
| Other creditors | _12399 | _e,581 | |||
| 13. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At1.1.25 | infunds | 31.12.25 | |||
| e | € | e | |||
| Unrestricted funds | |||||
| Generalfund | 2,354,038 | 181,134 | 2,535,172 | ||
| TOTALFUNDS | _2,354,mq_l-g]ll_gl_2,535Jn | ||||
| Net movementinfunds, includedinthe above areasfollows: | |||||
| lncoming | Resources | Gains and | Movement | ||
| resources e |
expended g |
losses t |
infunds t |
||
| Unrestricted funds Generalfund |
67,981 | (69,943) 183,096 | 181,134 |
||
| TOTALFUNDS | _%gql__(6e,%q)_1_q3,0eqj_u_191 | ||||
| Comparativeslormovement infunds | |||||
| Net | |||||
| movement | At | ||||
| At1.1.24 t |
infunds € |
31.12.24 t |
|||
| Unrestricted funds Generalfund |
2,268,902 | 85,136 | 2,354,038 | ||
| TOTALFUNDS | _2,268,902_q5,13q_2,354,mq |
| Comparative net movementinfund | s,includedinthe above areasfollows | ||
|---|---|---|---|
| lncomingResources resourcesexpended tt |
Gains and losses e |
Movement infunds t |
|
| Unrestricted funds | |||
| Generalfund | 91,064 (74,996) |
69,068 | 85,136 |
| TOTALFUNDS | _e1,064(74,ggQ_Eqqq | _a5,1_gq |