CHARITY NUMBER: 232791
CHAPMAN CHARITABLE TRUST
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5TH APRIL 2025
RPG CROUCH CHAPMAN LLP Chartered Accountants 40 Gracechurch Street London EC3V 0BT
CHAPMAN CHARITABLE TRUST
TRUSTEES’ REPORT
REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 5TH APRIL 2025
| TRUSTEES: | Bryony Chapman |
|---|---|
| Guy Chapman | |
| Richard Chapman | |
| Thomas Williams | |
| Gregory Chapman | |
| BANKERS: | HSBC Bank Plc |
| 6th Floor | |
| 165 Fleet Street | |
| London | |
| EC4A 2DY | |
| INVESTMENT MANAGERS: | RBC Brewin Dolphin |
| 12 Smithfield Street | |
| London | |
| EC1A 9BD | |
| ACCOUNTANTS: | RPG Crouch Chapman LLP |
| 40 Gracechurch Street | |
| London | |
| EC3V 0BT | |
| AUDITORS: | Denmark Forrester Limited |
| Chartered Accountants | |
| Office 12 | |
| Bentalls Centre | |
| Colchester Road | |
| Heybridge | |
| Essex | |
| CM9 4GD |
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CHAPMAN CHARITABLE TRUST
REPORT OF THE TRUSTEES
The trustees present their report and the audited financial statements for the year ended 5[th] April 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 deeds, 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 published on 16 July 2014.
The Trustees confirm that the Charity Commission’s general guidance on public benefit has been considered in relation to the objectives of the Charity. The report below sets out those objectives and describes how they have been met in the current year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Chapman Charitable Trust was established for general charitable purposes on 30th October 1963 by the late Mrs. Marjorie Chapman, one of her grandsons, a granddaughter and three great grandsons, served as trustees throughout the year.
The trustees met twice formally during the year on 19[th] September 2024 and 25[th] March 2025 and communicated regularly between meetings.
Statement Of Trustees’ Responsibilities
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
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select suitable accounting policies and then apply them consistently;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ensure that the financial statements comply with applicable law and 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.
Disclosure of Information to Auditors
Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:
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so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are unaware, and
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that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information.
-
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CHAPMAN CHARITABLE TRUST
REPORT OF THE TRUSTEES - continued
Risk Assessment
The trustees have considered the risks to which the Chapman Charitable Trust is exposed and believe that these will be mitigated by:
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A body of trustees with the necessary experience and competence to supervise all the aspects of the Trust’s work;
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Regular trustees’ meetings with effective reporting to ensure proper review of grant making coupled with the consideration and approval by trustees of all grants made;
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Retention of competent investment managers who have been delegated dealing discretion but regularly attend trustees’ meetings; and
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An effective system of internal control of online and cheque payments to ensure the correct operation of the Guidelines for Grant Making.
OBJECTIVES AND ACTIVITIES
The trustees have powers to apply the income and capital of the Trust Fund in or towards the furtherance of such charitable purposes and objects as they from time to time think fit. The trustees have established guidelines for the use of funds available and details of grants made to areas identified are given in the Financial Review. The charities receiving grants in the year are listed in Note 10.
The online application system has proved very successful with well prepared applications being received for analysis and review by the trustees. This has enabled the trustees to develop real time monitoring of grant approvals in order to ensure support is targeted to agreed categories. The trustees monitor outcomes of larger grants when considering their long term programmes of support in areas of particular interest.
FINANCIAL REVIEW
Income and Expenditure
Investment income decreased from the previous year to £442,634 (2024: £472,763) as a result of investment decisions resulting in the acquisition of growth stocks.
When the trust started the focus for grant-making was to support a few organisations suggested by the settlor and the trustees still make grants to these initial charities. As the capital of the trust has grown and the income available for grant-making has increased the focus for new grants has moved towards sectors aligned with the interests and personal family experiences of the current trustees.
The trustees are pleased to report that, in line with the grant making policy, they were able to maintain the level of grants which amounted to £461,000 (2024: £458,000). New grants are categorised under three main headings:
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the promotion of physical and mental wellbeing
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the conservation of our natural environment and the promotion of the sustainable use of resources
-
increasing the accessibility of the arts, especially for young people
-
3 -
CHAPMAN CHARITABLE TRUST
REPORT OF THE TRUSTEES - continued
The grants in the year under these headings may be analysed thus:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Wellbeing | 266,000 | 230,000 |
| Nature Conservation | 103,000 | 131,000 |
| Arts | 92,000 | 97,000 |
| ───── | ───── | |
| 461,000 | 458,000 | |
| ═════ | ═════ |
Grants are not made to individuals nor to overseas charities.
Investment Policy
Trustees kept the investment assets under regular review and monitored the portfolio of index-linked stocks, company shares and collective funds under an investment management agreement with Brewin Dolphin. The long term policy of the trustees is to maintain the value of the assets at least in line with inflation whilst in the short term applying all the income, after expenses, to make grants to charities in accordance with a published grant-making policy.
Reserves
The trustees continued with the long-established policy of distributing income as it arises since the administration and operating expenses are low and do not require a reserve to be maintained. The level of income achieved in 2025 was satisfactory and it is anticipated that the income and grant making will be maintained in 2025/26.
FUND RAISING STATEMENT
The Chapman Charitable Trust does not engage in fundraising and therefore there are no matters to report.
AUDITORS
The auditors, Denmark Forrester Limited, have indicated their willingness to continue in office.
Principal address: c/o RPGCC 40 Gracechurch Street London EC3V 0BT
17[th] December 2025
R.J. CHAPMAN On Behalf of the Trustees
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CHAPMAN CHARITABLE TRUST
1
INDEPENDENT AUDITORS’ REPORT
TO THE TRUSTEES OF THE CHAPMAN CHARITABLE TRUST
Opinion
We have audited the financial statements of The Chapman Charitable Trust (the ‘charity’) for the year ended 5 April 2025 which comprise the Statement of Financial Activities, Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
This report is made solely to the Charity’s Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the Charity’s Trustees those matters we are required to state to them in an Auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body, for our audit work, for this report or for the opinions we have formed.
In our opinion the financial statements:
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give a true and fair view of the state of the charity’s affairs as at 5 April 2025, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
In our evaluation of the Trustees’ conclusions, we considered the risks associated with the charity’s business model, including the effects arising from macro-economic uncertainties such as COVID-19 and analysed how those risks might affect the charity's financial resources or ability to continue operations over the period of twelve months from the date when the financial statements are authorised for issue. In accordance with the above, we have nothing to report in these respects.
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CHAPMAN CHARITABLE TRUST
INDEPENDENT AUDITORS’ REPORT
TO THE TRUSTEES OF THE CHAPMAN CHARITABLE TRUST – continued
However, as we cannot predict all future events or conditions and as subsequent events may result in outcomes that are inconsistent with judgements that were reasonable at the time they were made, the absence of reference to a material uncertainty in this auditor's report is not a guarantee that the charity will continue in operation.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the trustees annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Capability of the audit to detect irregularities including fraud.
We gained an understanding of the legal and regulatory framework applicable to the charity and the industry in which it operates, and considered the risk of acts by the charity which were contrary to applicable laws and regulations, including fraud. These included, but were not limited to, compliance with the Charities Act 2011 and FRS102.
We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment.
We focused on laws and regulations that could give rise to a material misstatement in the financial statements. Our tests included, but were not limited to:
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agreement of the financial statement disclosures to underlying supporting documentation;
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enquiries of management;
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review of minutes of board meetings throughout the period; and
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obtaining an understanding of the control environment in monitoring compliance with laws and regulations.
There are inherent limitations in the audit procedures described above and the further removed noncompliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. We also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the Trustees that represented a risk of material misstatement due to fraud.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
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the information given in the financial statements is inconsistent in any material respect with the trustees’ report; or
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the charity has not kept adequate accounting records; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
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6 -
CHAPMAN CHARITABLE TRUST
INDEPENDENT AUDITORS’ REPORT
TO THE TRUSTEES OF THE CHAPMAN CHARITABLE TRUST – continued
Responsibilities of trustees
As explained more fully in the trustees’ responsibilities statement, set out on page 2, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at:
https://www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standards-andguidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditors-responsibilities-foraudit.aspx. This description forms part of our auditor’s report.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
Use of our report
This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Office 12, The Bentalls Centre Denmark Forrester Limited Colchester Road Chartered Accountants Heybridge Statutory Auditor Essex CM9 4GD
17[th] December 2025
Denmark Forrester Limited is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.
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CHAPMAN CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 5TH APRIL 2025
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Unrestricted|Unrestricted|
|Income|Capital|2025|Income|Capital|2024|
|Fund|Fund|Total|Fund|Fund|Total|
|£|£|£|£|£|£|
|Income:|
|Investment income|442,634|-|442,634|472,763|-|472,763|
|Interest on bank account|579|-|579|2,881|-|2,881|
|Legacy|-|-|-|-|-|-|
|Other income received|-|-|-|-|-|-|
|─────|─────|─────|─────|─────|─────|
|Total Income|443,213|-|443,213|475,644|-|475,644|
|─────|─────|─────|─────|─────|─────|
|Expenditure:|
|Charitable Activities:|
|Grants (note 10)|461,000|-|461,000|458,000|-|458,000|
|Support costs (note 2)|7,722|43,949|51,671|3,450|40,632|44,082|
|─────|─────|─────|─────|─────|─────|
|Total Expenditure|468,722|43,949|512,671|461,450|40,632|502,082|
|─────|─────|─────|─────|─────|─────|
|Net (Expenditure)/Income|(25,509)|(43,949)|(69,458)|14,194|(40,632)|(26,438)|
|Other Recognised Gains/(Losses)|
|Gain/(Loss) on investment assets|-|(460,816) (460,816)|-|(58,057)|(58,057)|
|───── ────── ────── ────── ────── ──────|
|Net Movement in Funds|(25,509) (504,765) (530,274)|14,194|(98,689)|(84,495)|
|Reconciliation of Funds|
|Total funds brought forward|34,540 11,796,588 11,831,128|20,346 11,895,277 11,915,623|
|───── ────── ────── ────── ────── ──────|
|Total funds carried forward|9,031 11,291,823 11,300,854|34,540 11,796,588 11,831,128|
|═════ ══════ ══════ ══════ ══════ ══════|
----- End of picture text -----
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 10 to 17 form part of these financial statements.
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CHAPMAN CHARITABLE TRUST
BALANCE SHEET 5TH APRIL 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Note | £ |
£ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 4 | 11,111,265 | 11,787,109 | ||
| CURRENT ASSETS | |||||
| Other debtors | - | - | |||
| Cash and cash equivalents | 5 | 207,818 | 58,067 | ||
| ─────── | ─────── | ||||
| 207,818 | 58,067 | ||||
| LIABILITIES | |||||
| Creditors: Amounts falling due | |||||
| within one year | 6 | (18,229) | (14,048) | ||
| ─────── | ─────── | ||||
| NET CURRENT ASSETS | 189,581 | 44,019 | |||
| ─────── | ─────── | ||||
| NET ASSETS | 3 | 11,300,854 | 11,831,128 | ||
| ═══════ | ═══════ | ||||
| FUNDS OF THE CHARITY | |||||
| Unrestricted funds | 11,300,854 | 11,831,128 | |||
| ═══════ | ═══════ |
G Chapman ------------------------------------------------------ ) ) ) TRUSTEES R J Chapman ) ----------------------------------------------------- )
Date: 17[th] December 2025
The notes on pages 10 to 17 form part of these financial statements.
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CHAPMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5TH APRIL 2025
The Chapman Charitable Trust is a charitable trust established for general charitable purposes and is registered in England and Wales. Its principal place of business is 40 Gracechurch Street, London EC3V 0BT.
1. ACCOUNTING POLICIES
Basis of Accounting
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The trust constitutes a public benefit entity as defined by FRS 102 and the reporting currency is GBP.
Going Concern
The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern. The Trust does not have grant making commitments and has free reserves equal to the total assets on the Balance Sheet. There are no significant areas of adjustment and key assumptions that affect items in the accounts.
Valuation of Investments
In accordance with the Charities SORP, the investments of the Charity have been revalued at market value at the balance sheet date.
Income Recognition
Investment income is included in the accounts when received.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known and receipt expected.
Expenditure Recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.
Restricted Funds
None of the funds held by the Charity is restricted.
Cash Flow
The financial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirements to prepare such a statement.
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CHAPMAN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued
1. ACCOUNTING POLICIES – continued
Financial instruments
The Charity only enters into basic financial instruments transactions that are initially recognized at transaction value and subsequently measured at their settlement value.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Critical accounting estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The trustees are of the opinion that none of the estimates made result in a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
2. SUPPORT COSTS
| SUPPORT COSTS | 2025 | 2024 |
| £ | £ | |
| Governance costs were as follows: | ||
| Audit fees | 6,462 | 2,160 |
| Investment management fees | 43,949 | 40,632 |
| Bank charges | 60 | 90 |
| Accountancy | 1,200 | 1,200 |
| Travel expenses | - | - |
| ───── | ───── | |
| 51,671 | 44,082 | |
| ═════ | ═════ |
There were no employees in the year (2024: None) and no trustees received or waived any remuneration and there were no related party transactions.
3. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | |
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | |||||
| Income | Capital | Income | Capital | |||
| Fund | Fund | Total | Fund | Fund | Total | |
| £ | £ | £ | £ | £ | £ | |
| Investments | ||||||
| at market value | - | 11,111,265 | 11,111,265 | - | 11,787,109 | 11,787,109 |
| Cash at investment | ||||||
| Manager | 11,505 | 191,455 | 202,960 | 33,173 | 20,258 | 53,431 |
| Cash at bank and | ||||||
| in hand | 5,038 | (180) | 4,858 |
4,817 | (181) | 4,636 |
| Creditors | (7,512) | (10,717) |
(18,229) |
(3,450) | (10,598) |
(14,048) |
| ────── | ────── | ────── | ────── | ────── | ────── | |
| 9,031 | 11,291,823 | 11,300,854 | 34,540 | 11,796,588 | 11,831,128 | |
| ══════ | ══════ | ══════ | ══════ | ══════ | ══════ |
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CHAPMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
| 4. | INVESTMENTS | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Market value at 6thApril 2024 | 11,787,109 | 9,939,590 | |
| Acquisitions at cost | 1,149,461 | 2,192,481 | |
| Disposals proceeds | (1,364,489) | (286,905) | |
| Realised (loss)/gain on investments | (139,776) | (191,698) | |
| Unrealised (loss)/gain on investments | (321,040) | 133,641 | |
| ─────── | ─────── | ||
| Market value at 5thApril 2025 | 11,111,265 | 11,787,109 | |
| ═══════ | ═══════ | ||
| Investments held by the charity at the year end: | |||
| UK Fixed Interest | 610,994 | 379,057 | |
| UK Equities | 6,020,380 | 7,151,155 | |
| Overseas Equities | 4,479,891 | 4,256,897 | |
| ─────── | ─────── | ||
| 11,111,265 | 11,787,109 | ||
| ═══════ | ═══════ |
There were two (2024: Two) investments held at 5[th] April 2025 which were considered material (over 5% of portfolio by value) being Fidelity UCITS ICAV US Quality Income worth £699,279 and MSCI World ETF shares worth £1,171,620 (2024: £1,221,300).
5. CASH AND CASH EQUIVALENTS
| 5. | CASH AND CASH EQUIVALENTS | 2025 | 2024 |
| £ | £ | ||
| Cash at bank | 4,858 | 4,636 | |
| Cash at stockbroker | 202,960 | 53,431 | |
| ───── | ───── | ||
| 207,818 | 58,067 | ||
| ═════ | ═════ | ||
| 6. | CREDITORS | 2025 | 2024 |
| £ | £ | ||
| Audit fees | 6,312 | 2,250 | |
| Accountancy fees | 1,200 | 1,200 | |
| Investment management fees | 10,717 | 10,598 | |
| ──── | ──── | ||
| 18,229 | 14,048 | ||
| ════ | ════ |
7. TAXATION
The charity’s activities fall within the exemptions afforded by the provisions of the Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
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CHAPMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
8. RELATED PARTY TRANSACTIONS
There were no related party transactions in the year.
| 9. | FINANCIAL INSTRUMENTS | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Financial assets | |||
| Financial assets measured at fair value through profit and loss | 11,111,265 | 11,787,109 | |
| ─────── | ─────── | ||
| 11,111,265 | 11,787,109 | ||
| ═══════ | ═══════ |
Financial assets measured at fair value through income and expenditure comprise investments.
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CHAPMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued 10. GRANTS MADE – 19[TH ] SEPTEMBER 2024 Arts Development East Cambridgeshire (t/as Babylon Arts) 1,000 City Gate Community Projects 1,000 David Shepherd Wildlife Foundation 1,000 Dementia Support Sage House 1,000 Friends of Collett 1,000 GAP - A Thanet Community Project 1,000 Greenwich Music School 1,000 Grounded Sounds (School Ground Sounds) 1,000 Hestia Housing and Support 1,000 Magpas Air Ambulance 1,000 OASIS Community Church, Centre & Gardens 1,000 ORCA 1,000 Papworth Trust 1,000 Portsmouth Sail Training Trust (PSTT) 1,000 Scottish Association for Marine Science 1,000 Second Chance Children’s Charity 1,000 Shepherd's Star 1,000 The Arts Emergency Service (Arts Emergency for short) 1,000 Wonderseekers (the charity behind Winchester Science Centre) 1,000 50 Million Voices 2,000 Amgueddfa Cymru - Museum Wales 2,000 Apollo Music Projects 2,000 Art of the Puppet 2,000 Aurora Orchestra 2,000 Cardiac Risk in the Young (CRY) 2,000 Dad's House 2,000 Daws Hall Trust 2,000 Disability Snowsport UK 2,000 Earth Restoration Service 2,000 Ecological Continuity Trust 2,000 English National Opera 2,000 First Story 2,000 Graeae Theatre Company 2,000 Greenfingers Charity 2,000 Healthy Living Projects Ltd 2,000 Hospice UK 2,000 Hypo Hounds 2,000 London Hearts 2,000 Marwell Wildlife 2,000 Mental Health Innovations 2,000 Mind Over Mountains 2,000 Nacoa - The National Association for Children of Alcoholics 2,000 Noah's Ark Children's Venture 2,000 Ocean Generation 2,000 Prison Radio Association 2,000 Prisoners' Education Trust 2,000 Quentin Blake Centre for Illustration 2,000 Resolve Now 2,000 Reverse The Trend Foundation 2,000 Rushmoor Voluntary Services 2,000 Speech and Language UK 2,000 Sporting Wellness 2,000 ───── Carried forward
85,000
- 14 -
CHAPMAN CHARITABLE TRUST
| CHAPMAN CHARITABLE TRUST | |
|---|---|
| NOTES TO THE FINANCIAL STATEMENTS | |
| - continued | |
| 10. GRANTS MADE – 19THSEPTEMBER 2024 - continued | £ |
| Brought forward | 85,000 |
| Summer Adventures for Inner Londoners | 2,000 |
| Suvai Deaf East Community | 2,000 |
| The Counselling Centre | 2,000 |
| The Emmaus Transformation Trust (The Lighthouse) | 2,000 |
| The Hockey Museum | 2,000 |
| The Maytree Respite Centre | 2,000 |
| The Old Vic Theatre Trust | 2,000 |
| The Osteopathic Foundation O F (Working name) | 2,000 |
| The Shakespeare Globe Trust | 2,000 |
| The Sibling Group | 2,000 |
| Unlock - for people with criminal records | 2,000 |
| Versus Arthritis | 2,000 |
| Watersprite Film Festival | 2,000 |
| WheelPower (The British Wheelchair Sports Foundation) | 2,000 |
| Wicked Weather Watch | 2,000 |
| Action Medical Research | 3,000 |
| Bangor New Music Festival | 3,000 |
| British Society of Soil Science | 3,000 |
| Calthorpe Community Garden | 3,000 |
| Cambridge Cycling Campaign (Camcycle) | 3,000 |
| Campaign for the Protection of Rural England, London (CPRE London) | 3,000 |
| Centre for Alternative Technology Charity Limited | 3,000 |
| Cherry Trees | 3,000 |
| Clean Planet UK | 3,000 |
| Disability Challengers | 3,000 |
| Ecosystems Knowledge Network | 3,000 |
| Making Miracles | 3,000 |
| Progressive Farming Trust t/a Organic Research Centre | 3,000 |
| Reuben's Retreat | 3,000 |
| River Thames Boat Project | 3,000 |
| Royal Opera House Covent Garden Foundation | 3,000 |
| SongBird Survival | 3,000 |
| Surfers against Sewage | 3,000 |
| Sylva Foundation | 3,000 |
| The Chicken Shed Theatre Trust | 3,000 |
| The Friends of Holt Island Nature Reserve | 3,000 |
| The PSP Association | 3,000 |
| Trash Hero UK | 3,000 |
| Action for Children | 6,000 |
| Ambitious about Autism | 6,000 |
| Britten Pears Arts | 6,000 |
| Care for Veterans | 6,000 |
| Leonard Cheshire Disability | 6,000 |
| Methodist Homes | 6,000 |
| Pesticide Action Network UK | 12,000 |
| The Fragile X Society | 12,000 |
| ───── | |
| Total 19thSeptember 2024 | 246,000 |
| ═════ | |
| Total 26thSeptember 2023 | 228,000 |
| ═════ |
- 15 -
CHAPMAN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
- GRANTS MADE – 25[TH] MARCH 2025 Addenbrooke's Charitable Trust 1,000 Amgueddfa Mor Porthmadog Maritime Museum 1,000 Axis Educational Trust 1,000 Baby Umbrella 1,000 Bethnal Green Nature Reserve Trust 1,000 Climate Ed 1,000 Colours of Dance Radiates 1,000 Cor Tremeirchion Choir 1,000 Emmaus Dover 1,000 First Star Scholars UK 1,000 Friends of Broomfield Park 1,000 HandsOn London 1,000 Home-Start Herts 1,000 Just Kidz London 1,000 Life 1,000 Medical Detection Dogs 1,000 Metro Sports and Social Club of Vision Impaired People (Better known as Metro Blind Sport) 1,000 Spencer Lynx 1,000 Sports Fun 4 All 1,000 STAMMA 1,000 Steel Warriors 1,000 Surrey Community Action 1,000 Switch the Play Foundation 1,000 Thanet Countryside Trust Fund 1,000 Thanet Disabled Riding Centre 1,000 The Breastfeeding Network 1,000 The Good Gym 1,000 The Living Paintings Trust 1,000 The Manor Road Gym Sports Club 1,000 The Orwell Foundation 1,000 The Pirate Castle 1,000 World Heart Beat Music Academy Ltd 1,000 Age UK Kensington and Chelsea 2,000 Amber Crisis Pregnancy Care 2,000 Amphibian and Reptile Conservation Trust 2,000 Butterfly Conservation 2,000 CHEXS 2,000 Coach Core Foundation 2,000 Croydon Youth Zone 2,000 CYCALL Inclusive Cycling Project 2,000 Dogs for Autism 2,000 Emmaus UK 2,000 Green Opera 2,000 LEAF (Linking Environment and Farming) 2,000 Little Gate Farm 2,000 Mountview Academy of Theatre Arts 2,000 New Life Wood 2,000 New Note Projects 2,000 Peer Productions 2,000 Polka Theatre 2,000 ───── Carried forward
68,000
- 16 -
CHAPMAN CHARITABLE TRUST
| CHAPMAN CHARITABLE TRUST | |
|---|---|
| NOTES TO THE FINANCIAL STATEMENTS | |
| - continued | |
| 10. GRANTS MADE – 25THMARCH 2025 - continued | £ |
| Brought forward | 68,000 |
| Royal Entomological Society | 2,000 |
| Sepsis Research FEAT | 2,000 |
| Shepreth Wildlife Conservation Charity | 2,000 |
| Single Homeless Project (SHP) | 2,000 |
| St Margaret's House | 2,000 |
| The Avenues Youth Project | 2,000 |
| The Bat Conservation Trust | 2,000 |
| The Friends of Cricklewood Library | 2,000 |
| The MASIC Foundation: Mothers with anal sphincter injuries in childbirth | 2,000 |
| The Zoological Society of London (ZSL) | 2,000 |
| Walworth Garden | 2,000 |
| Action for Conservation | 3,000 |
| Almeida Theatre Company Limited | 3,000 |
| Blue Marine Foundation | 3,000 |
| Brain Tumour Research | 3,000 |
| Canolfan Gerdd William Mathias | 3,000 |
| CHEM Trust | 3,000 |
| Cherry Trees | 3,000 |
| Clean Rivers Trust | 3,000 |
| Conservation Education Research Trust (operating as Earthwatch Europe) | 3,000 |
| Criccieth Festival | 3,000 |
| Herts & Middlesex Wildlife Trust Ltd | 3,000 |
| Horatio's Garden | 3,000 |
| Huntington's Disease Association | 3,000 |
| Marine Conservation Society | 3,000 |
| National Theatre | 3,000 |
| Pitzhanger Manor & Gallery Trust | 3,000 |
| Soil Association | 3,000 |
| The Park Theatre | 3,000 |
| Ambitious about Autism | 5,000 |
| A Rocha | 6,000 |
| Action for Children | 6,000 |
| BFI - Future Film Institute | 6,000 |
| Britten Pears Arts | 6,000 |
| Care for Veterans | 6,000 |
| Leonard Cheshire Disability - St Bridget's | 6,000 |
| Methodist Homes for the Aged | 6,000 |
| Fragile X Society | 12,000 |
| Pesticide Action Network UK | 12,000 |
| ───── | |
| Total 25thMarch 2025 | 215,000 |
| ═════ | |
| Total 26thMarch 2024 | 230,000 |
| ═════ |
- 17 -