REGISTERED COMPANY NUMBER: 00755906 (England and Wales)
REGISTERED CHARITY NUMBER: 243817
REPORT OF THE TRUSTEES AN
AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
THE LALEC COLMAN CHARITABLE FUND
LIMITED
Crornbies Accountants Limited
Chartered Accountants and Statutory Auditor
34 Waterloo Road
Wolverhampton
West Midlands
WVI 4DG

THE EALEC COLMAN CHARITABLE FUND
LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR EN'DED 31 MARCH 2025
Page
Report of the Trustees
Report of the Independent Auditors
4 to 7
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10 to 14
Det8iled Statement of Financial Activities
15

THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees. who are also directors of the charity for the purposes of the Companies Act 2006, present theiT report with
the financial Statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of
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 (FRS 102)
(effective l January 2015).
OBJECTIVES AND ACTtVITtES
The charitable company is a registered charity whose objectives are the relief of poverty. the advancement of
edttcation and the advaneement of religion. The members of the Council of Managernent confm that they have refe]Ted
to the guidance contained in the Charity Commission's general guidance on public benefit when reviewincthe aiins and
objectives of the charity and in plannints future activities.
STRATEGIC REPORT
Achi¢vement and performance
Charitable activities
Net r¢alis¢d outgoing resources for Ihe y¢ar amounted to £6,022 (2024: incoming £13.138) and the gain on investments
for the year amounted to £1,501 (2024: £537). The deficit of £4,521 (2024: £13.675 Surplus) has been deducted from
Éhe accumulated fund of the charitable company.
Reserves policy
The tntstee5 have established the level of reserves that the charity ought to have access to. The reserves policy is
reviewed on an annual basis. The actual reserves at 31 March 2025 were £1,002,093.
Financial and risk management objectives and policies
The charity uses various financial instnmnents which principally comprise cash and investments. The main purpose of
these financial instruments is to generate income in order to make grants in furtherance of the charitys objects.
The existence of these financial instruments exposes the charity to a number of financial risks, which are described tn
more detail below..
Interest rate TiSk
The charity deposits its funds in only recognised banks with a high credit rating which provide a good return on itsfunds.
Future plans
The charity aims to wntinue distributing its resources in pursuit of its charitable objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its govemin(v documenL a deed of tn￿t, and constitute5 a limited company, limited by
guarantse, as defmed by the Companies Act 2006.
Recruitment and appointment of new trustee5
Members are appointed by the Council of Management.
OrganisatioDal structure
The Directors of the charitable company are also the members of the Council of managetnent.
REFEREIYCE AND ADMINISTRATIVE DETAILS
Registered Company number
00755906 (England and Wales)
Registered Charity number
243817
Page I

THE E.ALEC COLMAN CHARITABLE FUND
LtMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Registered offiee
I Vine Te￿ace
Hlgh Street Harborne
Binningham
B17 9PU
Trustees
S R Stone Solicitor
R G Stone Accounts Assistant
Company Seeret2ry
P J Stone
Auditors
Crombies Accountants Limited
Chartered Accountants and Statutory Auditor
34 Waterloo Road
Wolverharnpton
West Midlands
WV14DG
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees (who aye also the directors of The E.Ale¢ Colman Charitable Fund Limited for the purposes of company
law) are responsible for preparing the Report of the Trustees and the finantial statements in accordance with applicable
law and United Kingdom Accountino Standards (United Kinodom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a trne and fair view
of the state of affairs of the charitable company and of the incoming resources and application of resources, including
the income and expenditure, of the charitable company for that period. In preparing thos¢ financial statements, the
trustees are required to
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP"
make judgements and estimates that are reasonable and prndenL
prepare the financial statements on the going coneern basis unless it is inappropriate to presume that the charitable
company will continue in business.
The trustees are responsible for keepino
proper accounting records which disclose with reasonable accuracy at any time
the financial position of the charitable company and to enable them to ensure that the financial statements Comply with
the Companies Act 2006. They are a150 responsible for safeguarding the assets of the charitsble company and hence for
taking reasonable steps for the prevention and detection of fraud and other I￿¢gularities.
In so far as the trustees are aware:
there is no relevant audit inforniatTon of which the charitsble company's auditors are unaware" and
the trustees have taken all steps that they ought to have tsken to make themselves aware of any relevant audit
inforniation and to establish that the auditors are aware of that inft?rniation.
AUDITORS
The auditor5. Crombie5 Acwuntants Limite4 will be proposed for re-appointtnent at the forthcoming Annual General
Meeting.
Report of the tsutees, incorporating a strdtegic reporL approved by order of the board of trustees. as the company
directors, on 20 August 2025 and sI￿¢d on the board's behalf by:

THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR E￿￿ED 31 MARCH 2025
S R Stone- Trustee

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
Opinion
We have audited the financial statements of The E.Alec Colman Charitable Fund Limited (the 'charitsble company,) for
the year ended 31 March 2025 which comprise the Ststement of Financial Activities, the Balance Sheet and notes to the
financial statements, including a sumrnary of significant accounting policies. 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).
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming
resources and application of resources. including its income and expenditure. for the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting PrdLliLe; and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilitie5 under those standard5 are further dexribed in the Auditors, responsibilities for the audit of the
financial stalcmcnts section of our report. We are independent of the charitablc company in accordance with the ethical
rcquircment5 that are relevant to our audit of the financial staternents 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.
CoDelusions relating to going concern
In auditing the financial stateinents, we have concluded that the trustees, use of the going ¢on¢ern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have perfonned, we have not identified any material uncertainties relating to events or conditions
that, individually or collectively? may cast Si￿lfiCant doubt on the charitable company'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.
Other information
The trustees are responsible for the other inforniation. The other inforniation comprises the inforn]ation included in the
Annual ReporL other than the financial statements and our Report of the Independent Auditors ihereon.
Our opinion on the fmancial statements does not cover the other infom]ation and, except to the extent otherwise
explicitly stated in our repor¢ we do not express any forn of assurdnc¢ conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doincr
so. consider whether the other infomation is materially inconsistent with the financial statements or our knowledge
obtaincd in thc audit or otherwise appears to be materially misstated. If we identify such vnaterial inconsistencies or
apparcnt material rnisstatements, we are required to detemjine whether this gives risc to a material misstateinent in the
financial statements themselves. If. based on the work we have perfomied, 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.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the inforniation given in the Report of the Trustees for the financial year for which the financial statements are
prepared is consistent with the financial statements. and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
Matters on Ivhich we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of
the audit, we have not identified material misstatements in the Report of ihe T￿￿te¢s.
We have nothing to report in respect of the followino matters where the Companies Act 2006 requires us to report to you
if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have not been received from
bran¢he5 not visited by us. or
the financial statements are not in agreement with the accounting records and Teturns" OT
certain disclosures of trustees, remuneration specified by law are not made. or
w¢ have not received all the infomiation and explanations we require for our audit. or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a
StTategic Report or in preparing the Report of the Tn￿tees.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directOT5 of the
charitable company for the purposes of company law) aTe responsible for the preparation of the financial statements and
for beincv satisfied that they give a true and fair view. and for such internal control a5 the trustees determine is necessary
to enable the preparation of financial statements that are free from material misstatemenL whether due to fraud or e￿Or.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to
continue a5 a going Conce￿ disclosing, as applicable, matters related to going concern and using the going concern
basis of accounting unless the trustees either intend to liquidare the ¢haritabl¢ company or to cease operations, or have
no realistic alternative but to do so.
Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
Our responsibilities for the audit of the financial slatements
Our objectives are to obtain reasonable assurance about whether the financial slal¢m¢nts as a whole are free from
material misstatement, whether due to fraud OT e￿Or. and to issue a Report of the Independent Auditors that includes OUT
opinion. Reasonable assurance is a hiJ] 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. IMissÉaternents can arise from fraud or e￿Or
and are considered material if. indivldually or in the aggregate, they could reasonably be expected to influence the
economic decision5 of users taken on the basis of these fInancial statements.
-the engagement partner ensured that the engagement team collectively had the appTopriate cornpetence, capabilities and
skills to identify or recognise non-compliance with applicable laws and regulations"
-we identified the laws and regulations applicable to the company through discussions with directors and other
management
-we focused on specific laws and regulations which we considered may have a direct material eITcct on the financial
statements or the operations of the company, including the Companies Act 2006, UK taxation legislation and other laws
and regulations identified as risk are￿ from making enquiries of management and inspecting legal correspondence- and
-id¢ntified laws and regulations were communicated within the audit team regularly and the team remained alert to
instances of non-compliance throughout the audiL
We assessed the susceptibility of the company's financial statements to material mi5StatemenL including obtaining an
understanding of how fraud might occur. by:
-making enquiries of management as to where they ¢onsidered there was susceptibility to fraud, their knowledge of
actual, suspected and alleg¢d fraud. and
-¢onsidering the internal ¢ontrols in place to mitigate risks of fraud and non-compliance with laws and Tegulations.
To address the risk of fraud ihrough management bias and override of Controls, we..
-perfonned analytical proccdures to idcntify any unusual or unexpected relationships.
-tested journal entries to identify unusual transactions.
-assessed whether judgements and assumptions made in deterniining the accounting estimates set out in note 2 were
indicative of potential bias. and
.investigated the rationale behind SI￿lficant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulation4 we designed procedures which
included, but were not limited to..
-agreeing financial statement disclosures to underlying supporting documentation.
-reading thc minutes of meetings of those charged with governance.
-enquiring of management as to actual and potential liligation and claims: and
-reviewing correspondence with HMRC, relevant regulators Including the Health and Safety Executive, and the
companys legal advisors.
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are
from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also
limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the dire¢tors and
other inanagement and the inspcction of regulatory and legal correspondence. if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve
deliberate concealment OT collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at www.frc.org.uk/auditorsresponsibilities. This description fornis part of our Report of the
Independent Auditors.
Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
Use of our report
This report is made solely to the charitable company's member5. as a body, in awrdance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that w¢ might state to the charitable company's
momb8rs tho6e nwtters ivo aro requirod to stalo to thom in Im auditor￿￿ report and foT no other PUTpoKe. To tho fulleBt
extent pennitted by law, we do
of accept or assume responsibiliry to anyone olher than the charitable company and the
charitable company's me
as a body. for our audit worK for this reporL or for the opinions we have fornled.
Mark Fletcher Bsc ACA (Senior Statutory Auditor)
for and on behalf of Crombies Accountants Limited
Chartered Accountants and Statutory Auditor
34 Waterloo Road
Wolverhampton
W¢st Midlands
WVI 4DG
20 August 2025

THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
STATEMENT OF FINANCIAL ACTIVITJES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Unrestricted
nd
2024
Total
fund5
Notes
INCOME AP4D ENDOWMENTS FROM
Investment income
42,980
33,959
EXPENDITURE ON
Other
49,002
20,821
Net gains on investments
.501
537
NET INCOMEI(EXPENDITURE)
(4,521)
13.675
RECONCILIATION OF FUNDS
Total funds brought fonvard
1.006,614
992,939
TOTAL FUNDS CARIUED FORWARD
1,002,093
1,006,614
The notes fonn part of these financial statements
Page 8

THE E.ALEC COLMAIY CHARITABLE FUND
LIMITED
BALANCE SHEET
31 MARCH 2025
2025
Unrestricted
fund
2024
Total
funds
Notes
FIXED ASSETS
Jnvcstments
833,130
831,629
CURRENT ASSETS
Debtors
Cash at bank
16,102
157.601
17,417
159,308
173,703
176,725
CREDITORS
Amounts falling due within one year
(4,740)
{1.740)
NET CURRENT ASSETS
168,963
174,985
TOTAL ASSETS LESS CURRENT
LIABILITIES
1.002,093
1,006,614
NET ASSETS
1,002,093
1.006,614
FUNDS
Unrcstricted funds
1.002,093
1.006,614
TOTAL FUNDS
1,002,093
,006,6J4
These financial 5tstements have been prepared in accordance with the provisions applicable to charitable companie5
subje¢t to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 20 August 2025 and were
signed on its behalf by:
S R Stone- Trustee
The notes forni part of these financial statements
P￿tse 9

THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charltable company? whirh is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement
of Recotnmended Practic¢ applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical Cost
convention, with the exception of investments which are included at mark¢t value, as modified by the revaluation
of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the income will be received and the amount ¢an be measured reliably.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation cominitting the
charity to that expenditure, it is probable that a transftt of economic benefits will be required in settlement ond
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Taxation
The charity is exempt from corporation tax on its charitable adivities.
Fund accountlng
Unrestricted funds ¢an be used in accordance with the charithble objectives at the discretion of the trustees.
Restricted ￿ndS can only be uscd for particular restricted purposes within the objects of the charity. Restrictions
aris¢ when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fimd is included in the notes to the financiY41 ststements.
INVESTMENT INCOME
2025
2024
Deposit account interest
Interest receivablc - trading
Othcr fixed asset investments - Fll
25,262
17,600
118
20.968
12.952
39
42,980
33,959
Page 10
continued...

THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
NOTES TO THE FINANCIAL sfATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
NET tNCOMEI(EXPENDITURE)
Net incomel(expenditLwe) is stated after chargingl(crediting):
2025
2024
Auditors, remuneration
3,000
1,740
TRUSTEES, REMUNERATION AND BENEFITS
Ther¢ were no tn]ste¢s' remuneration or other benefits for th¢ year ¢nded 31 March 2025 nor for the year ended
31 March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
IIYCOME AND ENDOWMENTS FROM
Investment income
33,959
IXPENDITURE ON
Other
20,821
Net gains on investsnents
537
NET INCOME
13,675
RECONCILIATION OF FUNDS
Total funds brought forward
992,939
TOTAL FUNDS CARRIED FORWARD
1,006,614
Pagell
continued...

THE E.ALEC COLMAN CHARITABLE FUND
LtMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
FIXED ASSET INVESTMENTS
Listed
investments
Unlisted
investsnents
Totals
MARKET VALUE
At l April 2024
Revaluations
2.629
1,501
829,000
831,629
1,501
At 31 March 2025
4.130
829,000
833,130
NET BOOK VALUE
At 31 March 2025
4.130
829,000
833,130
At 31 March 2024
2,629
829,000
831,629
There were no investment assets outside the UK.
Cost or valuation at 31 March 2025 is represented by:
Listed
investments
Unlisted
investments
Totals
Valuation in 2025
C05t
1,501
2,629
1,501
831,629
829,000
4.130
829,000
833,130
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Prepayments and accrued income
16,102
17,417
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
A¢cruals and deferred income
4,740
1,740
MOVEMEIYT lly FUNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
General fund
1,006,614
(4,521)
1.002,093
TOTAL FUNDS
1,006,614
(4,521)
1.002,093
continued...

THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS- continued
Net movemerjt in fimds, included in the above are a5 folloME:
Incoming
resources
Resource5
expeJ)ded
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
42,980
(49.002)
1,501
(4,521)
TOTAL FUNDS
42.980
(49,002)
1,501
(4.521)
Comparatives for movement ID funds
Net
movement
in funds
At
31.3.24
At 1.4,23
Unrestricted funds
General fund
992.939
13,675
1,006.614
TOTAL FUNDS
992.939
13,675
1,006,614
Comparative net movement in fimds. included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
33,959
120,821)
537
13,675
TOTAL FUNDS
33,959
(20,821)
537
13,675
A Current year 12 months and prior year 12 months combined position is &8 follows..
Net
movement
in fwids
At
31.3.25
At 1.4.23
Unrestrieted funds
Generdl fund
992.939
9,154
1,002.093
TOTAL FUNDS
992,939
9,154
1,002,093
Paoe 13
continued...

THE E.ALEC COLMAN CHARITABLE FUND
LIMITED
DETA￿ED STATEMENT OF FINANCJAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
INCOME AND ENDOWMENTS
Investment income
Deposit account interest
Interest receivable - trading
Other fixed asset investments - Fll
25,262
17,600
118
20,968
12,952
39
42,980
33,959
Total incoming resources
42,980
33,959
EXPENDITURE
Other
Donations
45.950
19,050
Support eosts
Management
Sundries
34
13
Finance
Bank charges
18
18
Governance costs
Auditors, remuneration
3,000
1,740
Total resources expended
49,002
20,821
Net (expeThditure)lincome before gains and
losses
(6,022)
13.138
Realised recognised gains and losses
Realised gainsl(losse5) on investment property
1,501
537
Net (expenditure)lincome
(4,521)
13,675
This page does not forn] part of the statutory financial 5tatemeTJts
Paoe 15