The Inlight Trust
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Charity Number: 236782

Contents
Page
Legal and admlnistralive Infomiation
Trustsas annual rnport
Independent aUdfto￿* report
Stat•ment of financlal actlvltles
Statemont ol flnanclal p081tlon
10
Notes to tha accounts

THE INLIGHT TRUST
LEGALAND ADMINISTRATIVE INFORMATION
Trustsos
Mrs J Hayward, Senior Trustee
Mrs S Knight, Honorary Treasurer
Ms J Dunham
Mrs S Vening
Mr S Collins
Mr P Summerfield
Audltors
Branston Adams
Chartered Certified Accountants
Suite 2 Victoria House
SoLrth Street
Farnham
Surrey
GU9 7QU
Prlnclpal rng18tered addre88
Clare Pegden
Administrator
POBox2
Liss
Hampshir8
GU33 6YP
Charlty Reglstratlon Numb•r
236782
Bankers
Cazanove Capital Management (Schroders)
1 London Wall Place
London
EC2Y SAU
Sollcltor•
Moore Barlow
The Oriel
Sydenham Rd
Guildford
GU13SR
Investment Advisors
Cazenove Capital Management (Schroders)
1 London Wall Place
London
EC2Y SAU

THE INLIGHT TRUST
ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their Report and Accounts of the Charity forthe year ended 31 March 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 2016 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 Ir8land published on 17 July 2014.
1. STRUCTURE, GOVERNANCE AND PIIANAGEMENT
The Inlight Trust is an unincorporated Trust created by a Trust Deed dated 12th Jun& 1957. It is 8
Registered Charity, number 236782.
The Trustees who served the Charity during the year were as follows:
Mrs J Hayward. Senior Trustee
Mrs S Knight, Honorary TreaSU￿r
Ms J Dunham
Mrs S Vening
Mr S Collins
Mr P Summerfield
The Inlight Trust's Trustees are elected by a majortty vote of all the Trustees. In the past ten years our
policies and procedures for induction and training of our Trustees have been called into play in seven
cases.
In general, our policy 1$ to seek potential Trustees who" a) come highly recommended by more than
one referee already known to the Trustees, or b) are known already to one or more Trustees to be
lik&minded in terms of our obiectNes and activities (see 2 below) and who at the same b.me are able
to contribute their knowledge and experience of the areas from where our income is derived (see 4
below).
The pro￿dure is for the potential trustee to be fitst interviewed by the senior trustee and the treasurer
and then. after discussion of the issues and accountabilities relating to our part of the tharity worfd. he
or she will be invited - subject to mutual agreement - to attend our next three or four quarterly
meetings as our guest. The Trustees will then discuss the appointment and vote on it. Provided the
majority are in favour the Senior Trustee will then invite our guest to fomially attend our next meeting
and complete the necessary documentation as a new Trustee. In terms of training and getting familiar
with our work. they are referred to the Trust Deed, we have developed a "Trustee's questions. letter,
and we recommend that all Trustees should visit the Charty Commission's website at
www.char
commission.
ov.uk from time to time to acquaint themselves with the guidelines for
Trustees. the public Character of charity, the emergence of new charitable purposes, charities for the
relief of sickness, etc. In addition, we try to make opportunities for a new trustee to -shad￿ a more
experienced trustee, possibly alongside our professional advisors, as we are constantly seeking to
optimise particular aspects of our operations (see 2, 3, 4 and 5 below)
2. OBJECTIVES, ACTIVITIES. RISK MANAGEMENT AND RESPONSIBILITIES
The Trust's purpose is the fvrtherance of charitable religious activities and organisations on an
undenominational basis.

The￿ has been no material change in the Trust's grant making policy. It contrnues to be directed
towards Charities concemed with relig￿US and spiritual development, healing and growth on an
undenominational basts.
The routine busin￿68 of the Trust continues to be carried out on a voluntary basis by the Senior
Trustee, the Honorary Treasurer and four further Trustees. During this year the Trust's Auditor has
also agreed to assist in an advisory capacÉiy. A part-time Administrator assists them. There are
currently six Trustees in total. Decisions on Grants and the management of the Trust's assets
continue to be made by the Board of Truste88 as a whole at regular meetings.
As Trustees of The Inlight Trust we are dLty bound to demonstrate not only competence. challenge.
and knowledge of charity affairs, but to make ourselves aware of any significant risks which the
Charty may face on a regular basis and to ensure that the annual review of our financial and
operational affairs carried out through our internal discussions and audit programme will provide
sufficient resour￿ to deal wf(h any advers& conditions.
As to any fresh and signtficant risks and responsibiltties which the Charty may face in the future, we
have been Con￿rned that °digital continuty. of documents (that is the ability to use our information in
the way we need, for as k)ng as we need) and Ihe availabilty of two signatures re cheques and Other
legal documents can both be put at risk by death, accident, changes in organisation. managemen(
processes, technology, holidays. or travel. In praclical tenns, our infomiation 1$ only usable if we can
find IL open it. WOTk with it, understand it and trust it.
In order therefore for us to maintain information ¢ontinuty and the ability to do our business. we
ensure that our Administrator acts as a hub for all information, and in case of accident that her
infomation system will be understood and accessible to at least one named trustee.
The Trustees have assessed the disclosures made in the Trustee's report and consider that these
sufficiently detail the significant activities undertaken in order to Garry out the charity's aims for the
public benefrt. When planning the Charity's activities, the Trustees have given regard to the Charity
Commissions guidan￿ on public benefit.
3. ACHIEVEMENTS AND PERFORMANCE
In the year ending 31 March 2025, The Inlight Trust made..
23-grants totaling £176,500 giving an average of £7,674 per grant (compared to the year
ending 31 March 2024: 22 grants totaling £174,500 giving an average of £7,932 per grant).
A detsiled list of grants made in year is induded in note 5 of the attached accounts.
Historically the Trustees met quarterly but more regular meetings have taken p]ac8 Sin￿ the Covid
19 Pandemic to ènsure a swffter distribution of fvnds and there are no plans for this to change.
The Trustees feel that their objectives have been adequately met this year.
However, the Trustees are aware that there are external factor5 which could affect the achievements
of their objectives. In respect of investm8nts these are dependent on the general perfomiance of the
UK markets. In order to minimize this, the Trustees have set prud8nt investment policies and place
reliance on the technical expertise and foresight of the investment managers to monitor and advise
on ne￿SSary investrnent changes and suitable asset allocations.
There are no restridions on the Charity's power to invest. The investment strategy is set by the
Trustees and takes into account incotne requirements, the risk profile and the investment managers
view of the market prospects in the medium tem. The overall investment policy is to maximize totai
retum.

The investments market value as at 31 March 2025 £780,549 (2024 '. £371,879).
Overall the investment portfolio has maintained perfomiancè and after the above reorganisation the
investments are being made in accordance with the Trust888' investment policy set out above.
The Truste8s are satisfied with th& overall perforniance of the investrnents and remain satisfied that
their investment objective5 ar8 being met and their policy is being achi8V8d.
4. FINANCIAL REVIEW
The Trust's strategic income policy is to increase both the capital value wherever possible and the
income of its assets and to achieve the maximum distribution of income consistent with prudent
management. As an endowed Charity, the Trust has never made an appeal for funds. The Trust's
income continues to derive from residential properties, from Charitable common investment funds and
from bank interest.
In re￿nt years the government reduced our dividend income by taxation and introduced leglslatlon
that has steadily added to our residential property Costs over and above inflation, and thus to the level
of reserves required to maintain the Properties both to a 8atisfaGtory standard and to ensure that they
meet current regulatory requirements. Accordingly, we continue to carefully review the p8rfomiance
of our residential properties (see 5 below), and whilst we keep infomied about our Investment Fund
Manager8, poIiGieS we continue to be satisfiéd with their overall performance.
The Trustee8 confimi that all the Trust's investments are in line with the original deed, being in ethical
common investment funds, and the Trustees have been advised by their Fund Managers that our
Indlrect exposure is less than 5% in areas of concem e.g. tobacco, armaments et
thi18t the Trustees work hard to en8ure they act in accordarKe wrth all current rule8 and
regulations, the decision was rnade as the world become8 generally more litigious, that it would b8
prudent to reduce the Trustees personal exposure and an appropriate insurance package was
purchas8d from Zurich in 2023 and this has been renewed annually.
6. PLANS FOR FUTURE PERIODS
During the year under review. in conjunction with our respective managers, we have continued our
previously 8Stablished strategic apwoach to the individual and collective Strengths, W8aknes8e8,
Opportunities and Threats, in respect of all our investment fund8 and residential properti8S.
Working closely wth the Trust's legal advisors consideration is being given to e5tsblishing a CIO for
Inlight as a replacement for The Inlight Trust. This would allow the incorporated body to enter into
contracts in its own name rather than requiring the Trustees to do this in their individual capacity on
behaff ofthe Charity
We have continued with our more attentive approach to residential properties., we continue to dispose
of selected older properties in which there are no longer Regulated Tenants. in favor of acquiring
mor8 modem properties.
As alluded to in last year's report consideration to forniing a naw CIO was high on this yearfs Agenda
and after much discussion, research and support from the Trust's Legal and Financial Advisors the
Trustees are delighted to confimi that the Inlight Trust and The TruemarkTrust will merge into a newly
forrned CIO called the Truelight Twst with effect from 1st April 2025. This will therefore be the last
Annual R8POrt for The Inlight Trust.
Considerable thought was given to the new CIO and in particular the need to continue with the etho8
of the original Trust to ensu￿ the Founders wishes remain at the forefront of how th8 new CIO will
function and areas they wish to supporL Ail parties connected with tha newty created CIO are very

happy that this has bean achieved
. STATEMENT OF TRUSTEES, RESPONSIBIUTIES
The charitls Trustees are responsible for preparing the Trustees Annual Report and the financial
statements in accordance with applicable law and UK accounting standards (UK Generally AC￿pted
Principles).
The 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 state of affairs of Ihe charity
and of the incoming resources and application of resources for the charity for that period. In preparing
these fi'nancial statements, the Trustees are required to:
select Subtable accounting policies and then apply them consistsntly;
observe the methods and principles of the Charities Statement of Recommended Practice
(SORP).,
make judgments and estimates that are reasonable and prudent;
state whether applicable accounting standards have been follow6d, subject to any material
d8partures disdos8d and explained in the financial statements and
prepare the financial statemerts on the going concem basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accountng records that disclose wth reasonable
accuracy at the time thè financial position of the chariiy and enable them to ensure that the financial
statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations
2008. The Trustees 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.
7. DISCLOSURE OF INFORMATION TO AUDITORS
In so far as the Trust88s are aware:
there is no relevaTrt audit information of which the charity's auditors are unaware,. and the
Trustees have taken all steps that they ought to have taken to make
themselves aware of any relevant audit information and to establish that the auditors are
aware of that infomiation.
. INCORPORATION OF THE CHARrrY
Subsequent to the year end. on 31 March 2025, The Inlight Trust (Charity Number 236782)
transferred its assets, liabilities. and ongoing activities to a newly established Charttable Incorporated
Organisation (CIO). The Truelight Trust (CIO Number CE037216).
The transfer was made in accordance with the goveming document of The Inlight Trust and relevant
Charity Commission guidance. The purpose, charitable objectives, and activities of the charty
continue through the CIO.
The Trustees of the new CIO are substantially the same as those of The Inlight Trust, ensuring
continuity of governan￿ and managemenL The Inlight Trust will be fomally removed from the
Register of Charities following completion of the necessary statutory procedures.
Signed on behaff of the Trustees of The In1￿ht Trust by

MrsJ

Independent Audltorfs report to the Trustees of The Inllght Trust for tha year ended 31 March
2026
Vve have aLKlited the financial statements of The Inlight Trust for the year ended 31 March 2025 set
out on pages 8 to 14 which have been prepared on the basis of the accounting policies set out on
page 10. The financial reporting framework that has been applied in their preparation is applicable law
and United Kingdom accounting standards {United Kingdom Generally Accepted Accounting
Practice).
This report is made solety to the charity's Trustees as a body, in accordance wlth Section 144 of th8
Charities Ad 2016 and the regulations made und&r Section 174 of that Act . Our audit work has b8en
undertaken so that we might state to the charity's trustees those matters we are required to state to
them in an auditorfs report and for no other purp¢)se. To the fullest extent perrnitted by law, we do not
accept or assum8 responsibility to anyone other than the charity and the charity's Truste88 as a body.
for our audit work, for this report, or for the opinion8 we have fomed.
Respectlve respon8lbllltlo8 of Trustees and Audltor
As explained more fully in the statement of Trust8es' Responsibilities, the Truste88 are responsible for
the preparation of the financial statements and for being satisfied that they give a true and fair view.
Wè have been appointed as auditor under Section 144 of th8 Charities Act 2016 and report in
accordan¢8 Wrth regulations made under section 174 of that Act. Our responsibilty is to audit and
express an opinion on the financial statements in accordan￿ with applicable law and International
Standards on Auditing (UK and Ireland). Tho80 Standards require us to Comply with the Auditing
Practices Board's ethical standards for auditors.
Scope of the audlt of the financlal stataments
An audit involve8 obtaining evidence about the amounts and disc108ures in the financial statements
sufficient to give reasonable assurance that the financial statements are free from material
misstatement, whether caused by fraud or error. This includes an assessment of: whether the
accounting policie8 are appropriate to the group's circurnstanc8s and have been con3i5tently applied
and adequately disclosed,. the rea80nableness of 8ignific8nt accounting estimates made by the
Trustees,. and the overall presentation of the financial slatements. We read all the information in the
report of Trustees to identify material inconsistencies with the audited financial statements. If we
become aware of any apparent material misstatements or inconsistencies we consider the
implications for our report.
Oplnlon on financlal 8tstsments
In our oplnion the financial statements..
gtve a true and fair view of the state of the Charity's affairs as at 31 March 2025 and of the
Charity's incoming reSoU￿S and application of resources, for the year then ended:
have been propedy prepared in accordance with United Kingdom Generalty Accepted
Accounting Practlce and
have been prepared in accordance with the requirements of the Charities Act 2016.
Matters on whlch we are requlred to report by exception
We havè nothing to report in resp8Ct of the following matters where the Charities Act
2016 reqUI￿S us to report to you if, in our opinion..

the infomation given in the report of Trustees is inconsistent in any material respect with the
financtal statements-
sufficient accounting records have not been kept",
the financial statements are not in agreement with the accounting records and returns and
we have not re￿iVed all the infomiation and explanations we require for our audtt.
Emphasis of matter- Subsoquont Incorporatlon
We draw attention to Note 16 & 17 of these financial statements, which describes, that subsequent to
the year end, The Inlight Trust transferred tts undertaking, including all assets and liabilities, to a
newly incorporated Charitable Incorporated Organisation, The Truelight Trust (CIO Number
CE037216) on 5 April 2025.
Our opinion is not modified in re8P8Ct of this matter.
Paul Branston Adam8 (Senlor Statutory Audltor)
For and on Behalf of Branston Adams
Statutory Audltors and Chartered Certlfied Accountants
South Street
Farnham
Surrey
GU9 7QU
7 January 2026
Date

The Inllght Trust
,Statement of Flnanclal P£tlvlties
For the ypar endod 31 March 2025
2025
2024
Not•
' INCOldllNG RESOURCES
Investment income
.Interest Recervable
Rental Income
24,877 .
42.759
6,735
321,873
355,112
TOT￿ INCOMING RESOURCES
379,989
371,367
RESOURCES EXPÉNDÉD
Costs of generatirvJ funds:
Rental expenses
Charitable activities
Govemance costs
IAnagement and admintsration
109,298 i
176.500
94,909
174,500
101,330 i
52,778
.TOTAL RESOURCES EXPENDED
387,128
322,187
NET RESOURCES EXPENDED BEFORE A8SET DISPOSPL
(7,139).
49,180
Gainsl(Loss) on disposals of property assets
,Gainsl(Loss) on dispo_sals of irNestrnent assets
'NET RESOURCES ÉXPENDED BEFORE REVALUATIONS
(124,801).
(131,940).
49,180
Gainsl(Loss).on revaluations of prope_rty assets
.,Gainsl(Loss) on revaluations of investment assets
9,937
'.NET MOVEMENT IN FUNDS FOR THE YEAR
1 (123,666)
59,117
Total funds at 1 April 2024
8,543.432
8,484,315
,TOTPi FUNDS AT 31 MARCH 2025
. 8,419.766
8,543,432

The Inllght Trust
Statement of Flnanclal Position
at 31 March 2025
2024
FIXED PSSErs
TaTvJible assets
investrnents
6.645.OC(I
780.549
7.425,549
8.057,5
371.879
8,429.379
10
CURRENT ￿SErs
Debtors
Cash
11
6,0
112,853
118,853
993,217
999.017
CREDITORS: amounts fallirvj due
within one year
12
(4,8LK))
(4.8￿)
NEf CURRENT ASSErs
994,217
114,053
TOT￿ ASSETS LESS CURRENT
UNBILrriES
8.419.766
8,543.432
THE FUNDS OF THE CHARrrY
Unrestricted ¥Kome fun(ts
13
8.419.766
8.543.432
TOT￿ FUNDS
8.419,766
8,543,432
The financial statemerrt5 were approved by the Twstees on ........ ........
and were signed on their behalf by:
ayward
io

Not88 to tho flnanclal statements
For tho year onded 31 March 2025
1. ACCOUNTING POLICIES
a) Basls of preparatlon and Going concem
The financial stat8m8nts have been prepared in accordance with the Statement of
Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in
a¢cordan¢e with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) issued on 17 July 2014 and the Financial Reporting Standard applicable in
the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2016.
The twstees consid8r that there are no materlal uncertaintiés about the Trust's ability to
continue as a going GOn￿rn.
b) Incomlng resource8
Income comprises gross investment incom8, deposit interest and property revenu8.
All incoming resources are included in the Statem8nt of Financial Activities when the charity
has entiliement to the funds, certainty of receipt and the amount can be measured with
8Lffici6nt reliability.
c) Resour￿ expended
Resources expended are included in the Statement of Financial Adlvtties on an accruals
basis, inclusive of any VAT which cannot be recovered. All expendituffj has been classified
under headings that aggregate all costg related to the category. Costs that cannot ba dir8CtIy
attributed to particular headings have baen allocated to activities on a basis consistent with
use of ￿sOurCes.
Grants payable are only recognised in the accounts when a commitment has been made and
there are no condrtions to be mat relating to the grant which remain in the control of the
charity.
d) Fundaccountlng
Funds hehj by the charity are unrestricted general funds, which are available for use in
accordance with the charitable objects at the discretion of the Trustees.
o) Tanglble fixed assets and deprnclatlon
Freehold investment properties are professionally valued every five years, which is in
accordance with recommended practice. In intervening periods. irwestment propertie8 are
shown at market value based on the trustee's review.
The last professional valuation took pla¢e during March 2024.
Leasehold properttes are shown at market values allowing for the length of temi remaining on
the lease and are professionally valued every five years. The last valuation took place during
March 2024.
No depreciation Is provided on freehold or leasehold properties as they are held as investment
properties and recorded at market value.

fj Fixed asset invoslments
Investments are a fomi of basic financial instrument and are initially recognised at their
transaction value and subsequendy measured at their fair value as at the balance sheet date
using the closing quoted market pri￿. The statement of financial activities indudes the net
gains and losses arising on revaluation and disposals throughout the year. The Trust does not
acquire put optÈons, derivatives or other complex financial instruments. The main fom of
financial risk faced by the charity is that of volatility in equty markets and investment markets
due to wider economic conditions, the attitud8 of investors to investment risk, and changes in
sentiment COn￿rning &quities and within particular sectors or sub sector8.
g) Reallsed galns and108ses
All 9ains and losses are taken to the Statement of Financial Activrties as they arise. Realised
gains and losses on investments are calculated as the difference between sales proceeds and
their opening carrying value or their purchase value if acquired subsequènt to th8 first day of
the financial year. Unrealised gains and1088es are calculated as the difference between the
fair value al the year end and their carying value. Realised and unr8ali8ed investment gain8
and losses are combined in the Ststement of Financial Activities.
h) A88ets and Ilablllllos
Current a88ets are included at the lower of c08t and net realisable value. Liabilities are
generally recogni86d as soon as there 18 a legal or constructive obligation committlng the
charrty to the experKliture. Lbabiliti88 are included at their sett18ment value.
I INVESTMENT INCOME
2025
2024
UK quoted inve8tments
3. INTEREST RECEIVABLE
2025
2024
Interest receivable
4. RENTAL EXPENDrruRE
2025
2024
Communty charges and general rates
Agent's fees
Repairs and malntenance
Service charges
Light & heat and insurance
6,621
45,538
37,695
9,654
493
39,695
30.220
10,346
109,298
94 909
12

6. GRANTS PAYABLE
2025
2024
Grants
176 500
174 500
Grants made as follows in the year ended 31 March 2025:
2025
22105r2024 Phyllls Tuckwell Hospice
1210612024 South West Communrty Chapliancy
1210612024 Wells Cathedral Choir Trust
0710812024 Chichester Cathedral Restoration & Development Trust
0710812024 St Clare Wesse8x Hospice
0710812024 H08PiC8 of St Francls
0710812024 Corby & District Cancer Care
0111112024 St Thomas Crosscrake Communty Fund
0111112024 Rowcroft House Foundation Ltd
0111112024 South Bucks Hospice
0111112024 st Wilfrid's H08pice
0111112024 Bury Hospice
2011212024 Martin House Hospice
2011212024 Lin8day Lodge Ltd
2011212024 St Helena's Hospice
2011212024 Alexander Devine Children's Hospice
2011212024 st John's Folkestone
2810112025 Briiain Yearly Meeting - Quakers (The)
0510312025 Isobel Hospice
0510312025 All Saints Church
0510312025 St Richard's H08pice
0510312025 Christian Family Concem
10.000
5,000
5,000
5,000
12,000
12.000
12,000
6,000
10.000
4,000
10,000
10,000
5,(NJO
5,000
10,000
8,000
5,000
2,500
5,000
5,000
20,000
10,000
176500
13

6. GOVERNANCE COSTS
2025
2024
Management and admlnlstration costs
Professional and legal fees
Accountancy fees
Audit fees
Staff salaries
Pension
Insurance
Travel, stationery. postage and offTh expenses
71,691
2.628
2,940
21.665
382
257
1,767
101,330
23.786
2.616
2,880
16,688
241
7. TRUSTEES
None of the Trustees or any persons connected with them received any remuneration during the
period. Six Trustees and one employee were reimbursed a total of £1.767 {2024- £6,587) for travel,
stationery, postage and office expenses.
STAFF
The average number of person's employed during the year was 1 (2024-1)
2025
2024
Staff costs wore as follows:
Staff salaries
Social security costs
20,003
1,662
21,665
15.689
979
16,668
No Employee or Trustee recetved emoluments above £60.000.
9. TANGIBLE FIXED ASSETS
2025
2024
Freehold and leasehold investment property
As at 1 April 2024
8,057,500
7.057,500
Additions
Disposals
Revaluations
287.500
1.700,000
1,000,000
Balan￿ as at 31 March 2025
6 645.000
8 057 500
Properties are freehold and leasehold and were last professionally valued during MarGh 2024 on
an open market value basis subject to the tenanaes subsisting at the valuation date and the
leasehold terms remaining.
Trustees have confimied that the value shown accuratety refi6cts the proFerties at market value,
in accordance with the Charity's accounting policy.
14

10. INVESTMENTS
2025
2024
Investmonts Valuation
Market value as at 1 April 2024
371,879
987,408
Additions
Disposals
Revaluations
400,396
(625,466)
9.937
8.274
Market value as at 31 March 2025
780,549
371879
The Charity held the following material UK investm8nt portfolios as at 31 March 2025..
2025
Materlal UK Inv8slments
Cazenove Sustainab18 Multi-Asset Fund
Cazenove Charity Multi-A88et Fund
306,842
473,707
Market value 88 at 31 March 2025
11. DEBTORS
2025
2024
Trade debtor8
Other debtors
5,800
8,000
5,800
6,000
12. CREDITORS: Amounts falllng due wlthln one year
2025
2024
Pension
Accruals
4,800
4.800
4,800
13. FINANCIAL COMMrrMENTS
At 31 March 2025 the charity had no financial commitments (2024 - £Nil)
15

14. RELATED PARTY TRANSACTIONS
There were no related party transactsons in the year. (2024 - £Nil)
15. TAXATION
The Inlight Twst is a registered charity and therefore is not liable to income tax or corporation tax
on income derNed from its charitable activities, as it falls within the various exemptions available
to registered charf(ies.
16. GOING CONCERN
The financial statements have been prepared on a going concem basis. The Trustees have
assvssed the chartty's abilty to continue as a going concern and are satisfied that this basis
remains appropriate.
With effect from 1 April 2025, the adivities. assets and liabilities of The Inlight Trust wll be
transferred, together with those of its sister charity The Truemark Trust, into a n6wly incorporated
charitsble company, The Truelight TN5t Limited (company number CE037216).
The Trustees have considered the resources available to the newly incorporated chartty and are
satisfied that there are no material uncertainties that cast significant doubt on the ability of the
charitsble aciivities to continue. On this basis, the Trustees consider it appropriate to prepare the
financial statements on a going concern basis.
17. SUBSEQUENT EVENTS
On 1 April 2025, the activities, assets and liabilities of The Inlight Trust were transferred to The
Truelight Trust Limtied (company number CE037216), a newly incorporated char(table company.
At the same time, The Truemark Trust. sister charity, was also incorporated into the new entity.
Following this transfer, The Inlight Trust has ceased to operate as an unincorporated tharity, With
all futu￿ activities tEing undertaken by The Truelight Trust Limited.
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