**.**
## **BEACON TRUST**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL**
**STATEMENTS FOR THE YEAR ENDED 5 APRIL 202** ~~**5**~~
BEACON TRUST
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the charity, its trustees and advisers**|1|
|**Trustees' report**|2 -3|
|**Independent examiner's report**|4|
|**Statement of financial activities**|5|
|**Balance sheet**|6|
|**Notes to the financial statements**|7 - 11|
BEACON TRUST
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 202** 5
## **Trustees**
Miss Jill Spink, Chair Miss Julia Cameron, Trustee
## **Charity registered number**
230087
## **Principal office**
80 Heath Road Petersfield GU31 4EJ
## **Accountants**
Scofield & Co 16 Halliwick Gardens Felpham Bognor Regis West Sussex PO22 7JE
## **Bankers**
Royal Bank of Scotland Po Box 300 Brighton BN1 9TE
## **Solicitors**
Mackarness and Lunt 16 High Street Petersfield Hants GU32 3JJ
## **Investment Adviser**
Mr Philip Carpenter Redmayne Bentley 2b Chapel Street Petersfield Hants GU32 3DP
2
**BEACON TRUST**
## **REVIEW OF ACTIVITIES -**
**Owing to the various delays caused by adapting to the new bank account and serious family issues, we have not fulfilled our usual goals of donations, apart from a few important exceptions. However, we hope to firmly re-establish our giving as before very soon.**
**The work in Cascadas has also been sadly somewhat affected by my brother's illness owing to some absences from Spain. We are thankful for the activities emphasising Care for Creation, and new possibilities for developing this aspect of the work with the help of one or two experts and various volunteers.**
## **FINANCIAL REVIEW**
## **Statement of Financial Activities**
**The Statement of Financial Activities shows incoming resources at £45,927(2024 - £45,386). Resources expended amounted to £ 46,788(2024 - £69,863).**
**The Charity holds funds invested in listed securities under the management of Mr Philip Carpenter. The portfolio was revalued at market value producing a loss of £37,612, compared with a gain of 23,720 in the previous year. The freehold property valuation was unchanged at £1,225,000. The resultant net movement of funds was a loss of £38,473 (2024 - loss of £757) with funds carried forward of £1,913,468, compared with £1,951,931 in the previous year.**
## **PUBLIC BENEFIT**
**The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission of England and Wales.**
## **RESERVES POLICY**
**The Trustees have considered the level of reserves necessary for the operation of the Charity. As the Trust is primarily a grant making Charity, it is considered that three months expenditure, or £30,000 is an adequate buffer.**
**This report was approved by the Trustees on 25.11.2025 and signed on their behalf by:**
**3**
**...................................... Miss Jill Spink, Chair**
BEACON TRUST
## **INDEPENDENT EXAMINER'S REPORT FOR** ~~**THE YEAR ENDED 5 APRIL 2025**~~
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEACON TRUST**
I report on the financial statements of the charity for the year ended 5 April 2025 which are set out on pages 6 to 12.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
The trustees who are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act;
- To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- To state whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINER'S REPORT**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning 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 whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **INDEPENDENT EXAMINER’S STATEMENT**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- • to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the principles of the Statement of Recommended Practice; Accounting and Reporting by Charities
has not been met: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Dated 25.11.2025
G H T Scofield FCCA
## **SCOFIELD & CO**
16 Halliwick Gardens Felpham Bognor Regis West Sussex PO22 7JE
4
## BEACON TRUST
## **STATEMENT OF FINANCIALACTIVITY FOR THE YEAR ENDED 5[TH] APRIL 2025**
|**Note**
2
3
4
9
8
12
**INCOMING RESOURCES**
Incoming resources from generated funds: Voluntary
income
Investment income
Incoming resources from charitable activities
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
Charitable activities
Governance costs
**TOTAL RESOURCES EXPENDED**
**NET INCOMING RESOURCES / (RESOURCES**
**EXPENDED) BEFORE REVALUATIONS**
Gain/(Loss) on revaluation of investments
Additional Investment assets
Gains and losses on investment assets
**NET MOVEMENT IN FUNDS FOR THE YEAR**
_Total funds at 6 April 2024_
**TOTAL FUNDS AT 5 APRIL 2025**|**Unrestricted**
**Funds 2025**
**£**
**1**~~**8,338**~~
**27,**~~**589**~~
**-**
**45,927**
**43,188**
**3,600**
**46,788**
**-861**
**-17,984**
**-**
**-**
**-19,628**
**1,951,931**
**1,913,458**
**-38,473**|_Total funds_
_2024_
_£_
_17,620_
_27,766_
_-_|
|---|---|---|
|||_45,386_|
|||_66,263_
_3,600_|
|||_69,863_|
|||_-24,477_
_-_|
|||_-_|
|||_23,720_|
|||_-757_|
|||_1,952,688_
_1,951,931_|
||||
The notes on pages 8 to 12 form part of these financial statements.
5
BEACON TRUST
|**BALANCE SHEET**
**AS AT 5 APRIL**
**2025**
**Note**
**£**
**FIXED ASSETS**
Tangible assets
11
Investments
12
**CURRENT ASSETS**
Debtors
13
**36,344**
Cash at bank and deposits
**75,003**
**111,347**
**CREDITORS:**amounts falling due within
one year
14
**( 7,451)**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS:**amounts falling due after
more than one year
15
**NET ASSETS**
**CHARITY FUNDS**
Unrestricted funds
16
**TOTAL FUNDS**|**2025**
_£_
_2024_
_£_
**1,225,000**
_1,225,000_
**765,217**
_828,054_
**1,990,217**
_2,053,054_
_32,404_
_50,916_
_83,320_
_(11,700)_
**103,896**
_71,620_
**2,094,113**
_2,124674_
**(180,655**
_(172,743_
**1,913,458**
_1,951,931_
**1,951,931**
_1,952,688_
**1,913,458**
_1,951,931_|
|---|---|
The financial statements have been prepared in accordance with the provisions applicable to small entities within the Charities Act 2011, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Trustees on
25.11.2025 2[ and signed on their behalf, by:]
................................................ **Miss Jill Spink, Chair**
The notes on pages 8 to 12 form part of these financial statements.
6
BEACON TRUST
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **1. ACCOUNTING POLICIES**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Charities Act 2011 and applicable regulations.
## **1.2 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Investment income, gains and losses are allocated to the appropriate fund.
## **1.3 Incoming resources**
All incoming resources are included in the Statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.
## **1.4 Resources expended**
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## **1.5 Tangible fixed assets and depreciation**
All assets costing more than £250 are capitalised.
The policy with respect to impairment reviews of fixed assets is that the property will be revalued every year and any gains or losses will be recognized in the accounts.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.:
7
BEACON TRUST
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **1. ACCOUNTING POLICIES (continued)**
## **1.6 Investments**
Investments are stated at market value at the balance sheet date. The Statement of financial activities includes the net gains and losses arising on revaluations and disposals throughout the year.
## **2. VOLUNTARY INCOME**
|**Unrestricted**
**funds**
**2025**
**£**
Donations and contributions
**18,338**
**3.**
**INVESTMENT INCOME**
**Unrestricted**
**funds**
**2025**
**£**
Investment income - llisted investments
**27,461**
Investment income - bank deposit accounts
**128**
_*_
**27,589**
**4.**
**INCOMING RESOURCES FROM CHARITABLE ACTIVITIES**
**Unrestricted**
**funds**
**2025**
**7**
**£**
Income from freehold property
-
**5.**
**GRANTS TO INDIVIDUALS**
**AND INSTITUTIONS**
**Unrestricted**
**funds**
**2025**
**£**
Grants to individuals and institutions
**12,000**|_Total_
_funds_
_2024_
_9_
_£_
_17,620_
_Total_
_funds_
_2024_
_£_
_27,572_
**194 -**
**27,766**
_Total_
_funds_
_2024_
_£_
**-**
_Total_
_funds_
_2024_
_£_
**40,400**|
|---|---|
8
BEACON TRUST
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **6. DIRECT COSTS**
|Property running
Property maintenance
Garden maintenance|**Total**
**2025**
_Total_
_2024_
**£**
_£_
-
**5,422**
**-**
**-**
8,985
-
8,985
**5,422**|
|---|---|
|**7.**
**SUPPORT COSTS**
**-**
Portfoliomanagement
Loan interest
Professional
Travel
Taxation-
Sundries|**Total**
**2025**
_Total_
_2024_
**£**
_£_
_5,695_
_6,557_
_2,035_
_2,000_
_3,416_
_4,259_
**29,366**
_23,962_
-
6,302
7,244
6,150
8,348
1,901
-579|
|---|---|
## **8. GOVERNANCE COSTS**
|**GOVERNANCE COSTS**|||
|---|---|---|
||**Unrestricted**|_Total_|
||**funds**|_funds_|
||**2025**|_2024_|
||**£**|_£_|
|Governance - Independent examination|**_6,150_**|_3,600_|
|Governance - Other|**14,580**|_14,580_|
||**18,180**|_12,761,_|
## **9. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES**
||**Activities**|**Grant**||||
|---|---|---|---|---|---|
||**undertaken**|**funding of**|**Support**|||
||**directly**|**activities**|**costs**|**Total**|_Total_|
||**2025**|**2025**|**2025**|**2025**|2024|
||**£**|**£**|**£**|**£**||
|Direct costs|**5,422**|**12,000**|**29,366**|**_46,788_**|_198,693_|
9
BEACON TRUST
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025**
## **10. NET INCOMING RESOURCES / (RESOURCES EXPENDED)**
During the year, no Trustees received any remuneration (2024 - £NIL). During the year, no Trustees received any benefits in kind (2024- £NIL). 1 Trustees received reimbursement of travel expenses amounting to £8,348 in the current year,(2024-1Trustee - £2,000).
## **11. TANGIBLE FIXED ASSETS**
|**TANGIBLE FIXED ASSETS**||
|---|---|
|**Cost**
At 6 April
2024Additions
At 5 April 2025
**Revaluations**
At 5 April 2025
**Net book value**
At 5 April 2025
_At 5 April 2024_|**Freehold**
**property**
**£**
**1,225,000**
**-**|
||**1,225,000**|
||-|
||**1,225,000**|
||**_1,225,000_**|
## _At 5 April 2024_
No depreciation has been provided as the trustees intend to revalue the property on a regular basis.
## **12. FIXED ASSET INVESTMENTS**
|**Market value**
At 6 April 2024
Movements in year
At 5 April 2025
**Investments at market value comprise:**
Listed investments
All the fixed asset investments are held in the UK|**765,217**|**Listed**
**securities**
**£**
**828,054**
**-62,837**
~~**765,217**~~
**_828,054_**|
|---|---|---|
10
BEACON TRUST
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 202** 5
## **13. DEBTORS**
|**13.**
**DEBTORS**|||||
|---|---|---|---|---|
|Other debtors
**14.**
**CREDITORS:**
**Amounts falling due within one year**
Bank loans and overdrafts
_-_
Taxation
-
Other creditors
**15.**
**CREDITORS:**
**Amounts falling due after more than one year**
Other creditors
**16.**
**SUMMARY OF FUNDS**
**Brought**
**Forward**
**£**
General funds
**1,951,931**|**Incoming**
**resources**
**£**
**45,927**|**2025**
**£**
36,344
**2025**
**£**
-
**1,901**
**5,550**
**7,451**
**2025**
**£**
**180,655**
**Resources**
**Gains/**
**Expended**
**£**
**(Losses)**
**£**
**(46,788)**
**(37,612)**||_2024_
_£_
_32,404_|
|||||_2024_
_£_
**-**
**3,1**10
_4,950_|
|||||_8,060_
_2024_
_£_
_1 72,743_|
|||||**Carried**
**Forward**
**£**
**1,913,458**|
||||**(37,612)**||
11