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← The High Lee House Trust

2025-09-30-accounts

REGISTERED CHARITY NUMBER: 227319

The High Lee House Trust

Financial Statements for the Year Ended 30th September 2025

Allen Mills Howard Limited Chartered Accountants & Statutory Auditors Lewis House 56 Manchester Road Altrincham Cheshire WA14 4PJ

The High Lee House Trust

Contents of the Financial Statements

For the year ended 30th September 2025

Page Trustees’ Annual Report Independent Examiner’s Report Statement of Financial Activities 10 Balance Sheet 11 Notes to the Financial Statements 12

The High Lee House Trust

Trustees’ Annual Report

Year Ended 30th September 2025

The Trustees present their report and financial statements of the Charity for the year ended 30th September 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), effective 1[st] January 2015.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Registration Number: 227319
Trustees: Mr D C W Lee Chairman
Mr R A Davies Honorary Treasurer
Mr M K Redhead Honorary Secretary
Ms E H Lunn
Mrs J Dickinson
Mrs L Gower
Mrs K Thomas
Mr J R Fox Appointed 10thMarch 2025
Principal address: High Lee House
69 Broad Road
Sale
Cheshire
M33 2HL
Bankers: Lloyds TSB Bank Plc
98 Stamford New Road
Altrincham
Cheshire
WA14 1DG
Independent Examiner: David Allen FCCA
For and on behalf of
Allen Mills Howard Limited
Chartered Accountants & Statutory Auditors
Lewis House
56 Manchester Road
Altrincham
Cheshire
WA14 4PJ

1

The High Lee House Trust

Trustees’ Annual Report (Continued)

Year Ended 30th September 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The High Lee House Trust is an unincorporated charity constituted under a Trust adopted on 10[th] August 1951, amended on 2[nd] September 1955 and 21[st] March 2003. The Trust was registered with The Charity Commission on 8[th] November 1963.

The Trustees are responsible for the overall supervision of the Charity. The financial affairs are delegated to the Treasurer.

Induction and training of new Trustees

The Trustees are mindful that in selecting individuals for appointment they must have regard to the skills, knowledge and experience needed for the effective administration of the Charity. New Trustees are selected by the existing Trustees and are introduced to the workings of the Charity and are kept updated through regular Trustee meetings and communication throughout the year.

Risk Management

The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees consider variability of investment returns to constitute the Charity’s major financial risk. This is mitigated by the Charity’s policy of adopting a low risk approach to its investments.

OBJECTIVES AND ACTIVITIES

Objectives and Aims

The objective of the Trust is to carry out charitable work principally within the Borough of Trafford, and, in particular, the advancement of education, the furtherance of health and the relief of poverty, distress and sickness and to promote support for charitable objectives wheresoever they are located.

Donations

The Charity makes donations, in accordance with its objectives, from time to time at the discretion of the Trustees.

2

The High Lee House Trust

Trustees’ Annual Report (Continued)

Year Ended 30th September 2025

ACHIEVEMENTS AND PERFORMANCE

Overview of the Year

The list of organisations and groups supported during the year reflects the Trust’s continuing commitment to a diverse range of activities and projects. The emphasis is still on helping locally based groups or, where possible, local branches of national bodies. While the Trust feels it is valuable to maintain this diversity in its allocation of resources, most of the donations are to people and bodies working in familiar and key areas of community activity. The following headings under which donations are grouped reflect this spread.

Under the Chairmanship of David Lee, Trustees have continued to review roles and procedures to ensure that the Trust’s assets and income are being used as effectively as possible. The Trust acknowledges the valuable contribution made by the newer appointments, taking on key roles and bringing new perspectives. Each request for funding, whether one-offs or regular, is carefully considered within the context outlined in the first paragraph.

Once again, it has been most encouraging and satisfying to receive so many letters of thanks from so many of the organisations we have supported. Some are from those who the Trust has helped over a number of years; others from new recipients. These are difficult times for all charitable and voluntary groups. Piecing together enough funding to sustain the often growing workload is a challenge indeed. Although the actual sums the Trust can afford to give to any one organisation may often seem modest, set against the work and responsibilities they take on, the thank you letters convey one important point. Whatever the sum given, the fact that the Trust recognises the value of their work, and offers support, is in itself greatly appreciated.

The Trust functions by receiving and responding to donation requests. Further information about requesting organisations and their projects, where helpful, is usually sought via email or phone. There are opportunities, of course, to meet representatives of different organisations and to see their work firsthand.

Donations made 2024/25

Please note the headings used below to group donations are necessarily broad and overlapping and the work of many of the organisations listed has, of course, different elements.

Young People

Halle for Youth:Continuing our support for this well-established aspect of the Halle’s work, with and for
young people. This year’s theme will be storytelling through music.
£2,000
Henshaws:A donation towards the cost of providing a range of summer activities for children with visual
impairments, part of their Children and Young People activities programme.
£2,000
Venture Arts:A contribution towards the cost of providing “materials, guidance and a welcoming
environment” for children and young people with learning disabilities enjoy expressing themselves through
art.
£1,000
Children in Need:Purchase of Countryfile calendars to support this familiar, annual appeal.
£76.93

3

The High Lee House Trust

Trustees’ Annual Report (Continued)

Year Ended 30th September 2025

Young People (continued)

Lancashire Cricket Foundation:This, the official charity of Lancashire Cricket Club, uses the power and
appeal of cricket to reach communities across the North West. Their mission - “engaging, exciting, inspiring
and improving lives through cricket whilst growing the appeal of the game.” Our donation will be used to
help deliver cricket programmes to schools throughout Trafford.
£1,000
Lord’s Taverners:A donation to help fund the Wicketz programme in Trafford, supporting over 50 young
people “experiencing disadvantage” by providing “free inclusive spaces to play cricket and benefit from
personal development opportunities and life skills workshops”.
£1,000
Contact:This charity, opened in 1970, provides “support and accommodation for young and vulnerable
teenage girls, in Manchester, who are facing homelessness”.
£1,000
Together Trust:The Trust “cares for and champions the rights , needs and ambitions of care-experienced
children and people with disabilities, autism and mental health differences”. Our donation this year will go
towards their Family Fostering Service, specifically the holiday project.
£1,000
Children’s Hospital Pyjamas:A donation to this UK charity which collects new pyjamas given by the
public which are then donated to hospitals, hospices and women’s refuges for “poorly or less fortunate
children who are inpatients.”
£500
The Outward Bound Trust:Our donation will help fund work with disadvantaged young people from
Trafford “realise their potential through learning, challenge and discovery in the outdoors.”
£1,500
Total
£11,076.93
Sport
Altrincham & District Athletic Club:Our donation will allow this Timperley-based club to provide a
second shelter to house athletes’ kit etc. while training.
£1,500
Total
£1,500
The Arts
Sale Festival:Our usual donation to this well-established, multi-faceted and popular festival.
£1,500
Sale Photographic Society:Formed in 1946, the Society hopes to extend its “activities in the community
and encourage younger people to enjoy photography”. Currently, the average age of members is approaching
65.
£800
HomeA donation towards the cost of fitting out Home Arches, a free “bespoke development hub designed
to support artists in Greater Manchester across a variety of disciplines”.
£1,000
Trafford Arts Association:A grant for the annual Mayor of Trafford’s Charity concert, featuring a number
of local music and drama groups. Money raised goes to the current Mayor’s Charity.
£400
Total
£3,700

4

The High Lee House Trust

Trustees’ Annual Report (Continued)

Year Ended 30th September 2025

Community
Friends of Worthington Park:A donation towards the cost of purchasing and installing a new table tennis
table.
£750
Sale and District Lions Club:Sale Lions are planning to hold their Father’s Day Fete and Family Fun Day
in June 2025. As usual, our donation will help them fund essential toilet and first aid facilities.
£1,000
Total
£1,750
Health
Alzheimer’s Society:Continuing our support for the Society’s dementia support and research work. It’s
estimated that “1 in 3 people born today will develop dementia in their lifetime. “Our mission is to transform
the landscape of dementia forever.”
£1,500
Stockdales:Our annual contribution to this local charity which helps people – from childhood to later life -
with learning disabilities live life to the full. Their mission is to put “ability into disability”.
£2,000
Asthma Relief:A further donation to enable AR to purchase more, much needed and greatly appreciated
nebulisers and other equipment. Providing nebulisers allows many patients to be cared for by families and
visiting community nurses at home rather than in hospital.
£2,000
Francis House Children’s Hospice:Continuing support for the Hospice which provides care and support
for children and young adults with life limiting and life shortening conditions, and their families.Our
donation this year will go towards the neurological development project.
£2,000
Macmillan Wellbeing Centre(Manchester Foundation Trust Charity):The Centre, based at Trafford
General Hospital, supports “people trying to manage the psychological and emotional impact of a cancer
diagnosis, whether their own or someone’s close to them”. Continuing our support.
£1,000
North West Air Ambulance Charity:A donation to this service which deploys helicopters and care
vehicles , carrying paramedics and doctors. “Whenever access is difficult or time is critical, the speed and
accessibility of our helicopters make our service absolutely vital”. (The NWAA is a charit_y_and receives no
funding from the NHS or Government.) It celebrated its 25thbirthday in 2024.
£1,000
Parkinson’s UK (Trafford Branch):This branch of the UK charity offers “information, friendship and
support to local people with Parkinsons, their families and carers”, the primary focus being a monthly
meeting at the Larkhill Centre, Timperley.
£2,000
Parenting Mental Health:A donation to this charity that focuses on helping parents and carers who are
supporting a child with “mental health challenges”. Their objective is to equip parents to cope more
effectively with their often-isolating situation.
£750
The Christie:This donation has been credited to the Cancer Appeal Fund, “a general fund which contributes
to various projects and services within the hospital.”
£2,000

5

The High Lee House Trust

Trustees’ Annual Report (Continued)

Year Ended 30th September 2025

Health (continued)

On Course Foundation: A donation to this charity whose aim is “to support the recovery of injured and sick service personnel and veterans through Nationwide confidence building golf events”. Our money will be used for the wounded veterans in Lancashire programme. £1,000 Total £15,250 Other Royal British Legion Poppy Appeal 2023: Continuing our support for this major, annual appeal (in the Sale area). Our contribution will “help ensure that those distressed ex-servicemen and women have the support they deserve.” £1,000 Total £1,000 All donations total £34,276.93

6

The High Lee House Trust

Trustees’ Annual Report (continued)

Year Ended 30th September 2025

FUTURE PLANS

The Trustees do not anticipate any significant change to the Charity or its activities over the next few years.

FINANCIAL REVIEW

Results for the year

A summary of the results for the year can be found on page 10 of the accounts.

The Trust’s work is reliant on income from its investments.

The income that the Trust has received from its investments fell by 2% on the previous year which had increased by 17% from 2023. The market value of non-cash investments at the balance sheet date fell by 11% during the year, (6.8% increase in the previous year) arising from the sale of the M & G Charibond investment for £201,989. Cash on long term deposits at the balance sheet date totalled £100,000 (2024: £140,000). The donations the Trust has made in the year have been disclosed under charitable activities on the Statement of Financial Activities.

The income from all its investments represent return of 4.2% (2024: 4.4%).

There was an unrealised gain of £31,352 (2024: gain of £43,855) on the Trust’s investment assets during the year. The Trustees will continue to review performances but, given that their investments are being held for the long term, they remain confident that the policy adopted is appropriate for the charity.

Reserves Policy

At their discretion, the trustees may spend all or part of the capital of the charity in the furtherance of the charity’s objects.

Investment Policy and Objectives

The Charity adopts a low risk approach to its investments. The Charity’s investments consist of cash, fixed interest securities and investment funds.

Public benefit

The Trustees confirm that they have, when and where necessary to do so, paid regard to the Charity Commission’s Guidance on Public Benefit when considering and making the decisions.

7

The High Lee House Trust

Trustees’ Annual Report (continued)

Year Ended 30th September 2025

The Trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 23[rd] March 2026 and signed on its behalf by:

D C W Lee – Trustee

8

The High Lee House Trust

Independent Examiner’s Report to the Trustees of the High Lee House Trust

Year Ended 30th September 2025

I report to the trustees on my examination of the accounts of The High Lee House Trust (the Trust) for the year ended 30th September 2025.

Responsibilities and basis of report

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr David Allen FCCA Allen Mills Howard Limited Chartered Accountants Lewis House 56 Manchester Road Altrincham Cheshire, WA14 4PJ

23[rd] March 2026

9

The High Lee House Trust

Statement of Financial Activities

Year Ended 30th September 2025

Total Funds Total Funds
Note (Unrestricted) (Unrestricted)
2025 2024
£ £
Income from:
Investments 2 35,772 36,538
__ __
Total income 35,772 36,538
__ __
Expenditure on:
Charitable activities 3 34,277 33,891
Fundraising activities 4 840 786
Other 5 1,750 1,822
__ __
Total expenditure 36,867 36,499
__ __
Net (expenditure)/ income (1,095) 39
Net gains/(losses) on investment assets 27,837 43,855
__ __
Net movement in funds 26,742 43,894
Reconciliation of funds
Funds at the beginning of the year 840,950 797,056
__ __
Funds at the end of the year 9 867,692 840,950
__ __

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes form part of these financial statements.

10

The High Lee House Trust

Balance Sheet

Year Ended 30th September 2025

Note
Fixed assets
Investments
7
Current assets
Cash at bank

Creditors:
Amounts falling due
in one year
8

Net current assets

Net assets

The funds of the charity
Unrestricted funds
9

Total charity funds
 2025
£
709,411
159,537
_

159,637
1,356
_

158,281
_

867,692
_

867,692
__

867,692

_
 2024
£
825,826
16,444
_
16,444
1,320
_
15,124
_
840,950
_
840,950
_
840,950
_
_

These financial statements were approved by the Trustees on 23[rd] March 2026 and signed on their behalf by:

……………………………

Mr R A Davies Treasurer

The notes form part of these financial statements

11

The High Lee House Trust

Notes to the Financial Statements

Year Ended 30th September 2025

1. Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (Charities SORP FRS102) effective 1[st] January 2015, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), and the Charities Act 2011.

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

The Charity constitutes a public benefit as defined by FRS102.

The accounts are presented in sterling and rounded to the nearest pound.

Funds structure

The charity’s funds consist of unrestricted funds for use at the discretion of the trustees in furtherance of the general objectivity of the charity.

Income recognition

All incoming resources are recognised once the charity has entitlement to the resources, it is certain the reserves will be received, and the monetary value of the incoming resources can be measured with sufficient reliability.

Interest on funds held on deposits is included upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been received.

Expenditure recognition

Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to that expenditure.

All expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs to that category.

All expenditure is stated inclusive of irrecoverable VAT.

Donations payable are payments made to third parties in the furtherance of the charitable objects of the Trust. There are no long term commitments to give donations.

12

The High Lee House Trust

Notes to the Financial Statements

Year Ended 30th September 2025

Allocation of support and governance costs

Support costs have been differentiated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to the independent review and legal fees together with an apportionment of overhead and support costs.

Fixed asset investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the quoted market price.

The Charity does not acquire put options, derivatives or other complex financial instruments.

The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors

Realised gains and losses on investment assets are calculated as the difference between disposal proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value at that date. Realised and unrealised investment gains (or losses) are combined in the statement of financial activities and are credited (or debited) in the year in which they arise.

Cash at bank

Cash at bank includes cash and short term highly liquid investments with a short maturity date of three months or less from the date of acquisition or opening of the deposit or similar account. Cash placed on deposit for more than one year is disclosed as a fixed asset investment.

2. Investment income

UK fixed interest
UK investment funds
Interest on cash deposits
 2025
£
7,286
24,262
4,224
____

35,772		 2024
£
8,594
22,876
5,068
____
36,538

13

The High Lee House Trust

Notes to the Financial Statements

Year Ended 30th September 2025

3.
Charitable activities
Charitable donations
4.
Fundraising activities
Investment management costs
5.
Other expenditure
Other expenses
Independent review fees
Irrecoverable VAT
Comparatives for other expenditure
Other expenses
Independent review fees
Irrecoverable VAT		 2025
£
34,277
_
34,277
_
2025
£
840
_
840
_
Support Governance
Costs
Costs
£
£
400
-
-
1,125
-
225
_
___
400
1,350
_
_
Support Governance
Costs
Costs
£
£
368
-
-
1,212
-
242
_
___
368
1,454		 2024
£
33,891
_
33,891
_
2024
£
786
_
786
_
Total
£
400
1,125
225
_
1,750
_
Total
£
368
1,212
242
__
1,822

14

The High Lee House Trust

Notes to the Financial Statements

Year Ended 30th September 2025

6. Trustees’ remuneration and benefits

There were no trustees’ remuneration or other benefits for the year ended 30th September 2025 nor for the year ended 30[th] September 2024.

The charity has no employees.

Trustees’ expenses

Trustees’ expenses in the year amounted to £20 (2024: £26).

7. Investments

Listed
Investments
£
Market value at 1stOctober 2024
684,745
Additions at cost
100,078
Disposals at market value
(204,380)
Deposits/(withdrawals)
-
Unrealised gains/(losses) on revaluation
31,352
Realised gains/(losses) on disposal
(3,515)
_
Market value at 30th September 2025
608,280
 Cash
Total
£
£
141,081
825,826
-
100,078
-
(204,380)
(39,950)
(39,950)
-
31,352
-
(3,515)
_
_
101,131
709,411

An analysis of the listed investments above is as follows:

Listed Investments
M & G Charity Multi Asset Fund
M & G Charibond
M & G Charifund
HL Fund and Share Account		 2025
£
102,633
-
303,563
202,084
_
608,280		 2024
£
-
205,501
284,194
195,050
_
684,745

Material listed investments with a market value of over 5% of the total market value of investments are as follows:

No of units/
Listed Investments
Shares
M & G Charity Multi Asset Fund
103,669.915
M & G Charibond
186,819.270
M & G Charifund
18,712.460
HL Multi Manager Income
& Growth Trust		 2025
£
102,633
-
303,563
52,776		 2024
£
-
205,501
284,194
49,813

15

The High Lee House Trust

Notes to the Financial Statements

Year Ended 30th September Year Ended 30th September 2025 2025
8. CREDITORS: Amounts falling due within one year 2025 2024
£ £
Accruals 1,356 1,320
__ __
9. Movement in funds
Net
B/Fwd Movement C/Fwd
01.10.24 in funds 30.09.25
£ £ £
Total charity funds 840,950 26,742 867,692
__ __ __
Net movement in funds included in above are as follows:
Gain on Movement
Income Expenditure Investments in funds
£ £ £ £
Total charity funds 35,772 36,867 27,837 26,742
__ __ __ __
Comparative figures for movement in funds
Net
B/Fwd Movement C/Fwd
01.10.23 in funds 30.09.24
£ £ £
Total charity funds 797,056 43,894 840,950
__ __ __

Net movement in funds included in above are as follows:


Total charity funds		 Gain on
Movement
Income
Expenditure
Investments
in funds
£
£
£
£
36,538
36,499
43,855
43,894

16