Charity registration number 246410 (England and Wales)
ELMLEY LOVETT CHURCH. SCHOOLAND COMMUNITY TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr R Cartwright
Mr J Goodwin
Mrs J Goss
Mrs B Needham
Mr N Wright
Charity number
246410
Principal address
clo Ryelands Fami
Elmley Lovett
Nr Dro1￿ICh
Worcestershire
WR9 OPT
Independent examiner
CKCA Limited
No 4 Castle Court 2
Castlegate Way
Dudley
West Midlands
DY14RH
Solicitors
MFG Solicitors
Tyihe House
20-21 The Tything
Worcester
WR1 1HD

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statemenls
6-14

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and
comply with the Trust's deed, the Charities Aci 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 (FRS 102)" (as amended for accounting periods commenGing
from 1 January 2016)
Objectives and activities
The funds of the charity are for the benefit and support of the school at Cutnall Green, the maintenance of the
Parish Church of Elmley Lovett and for the poor of that Parish as set out in the Trust's Goveming Documents.
The Trustees have paid due regard to guidan￿ issued by the Charity Commission in deciding what activities the
Trust should undertake.
The Trust's properties were maintained.
The funds held in an investment portfolio managed by Rathbone Investment Management Limited are used to
generate both income and capital growth.
During the year distributions were made in accordance with the terms of the Trust deed.
Achievements and performance
Financial review
Net incoming resources before movement in the market value of investments and the fair value in investment
properties amounted to £53.958 (2024= £23,007). The decrease in market value of investments amounted lo £819
(2024.. decrease £104,178), whilst there was an uplift in the valuation of the investment property of £75,000. This
resulted in total funds of £2.809,766 {2024= £2.682.439).
In the opinion of the Trustees the need for a designated repairs reserve that is maintained to allow for major
unforeseen circumstances continues to remain at £10.000. It was also considered that maintaining a £5,000 level
of reserve in the general purposes reserve is sufficient to meet the administrative expenditure of the Trust and is
sufficient for 1 yeals administration expenses.
The Trust operates a total return approach to the investment of the permanent endowment. In accordance with the
terms of the Order made by the Charity Commission, the trustees confimi that:
in identifying the value of the portion of the pemianent endowment that represented unapplied total retum, the
trustees first identified the value of the initial founding gift at July 2007-
when determining the amount of unapplied total retum to transfer to income the trustees have considered the
amount of income required to mainlain the Gu￿ent level of charitable aclivity.,
when reaching their decision as to the unapplied total retum to transfer to income, the trustees have taken
professional advice from their investment advisers regarding the market outlook, investment trends and yield and
the prospect for future capital growth.
Our investment advisors (Rathbones) are instructed to invest to maximise the total retum on permanent endowment
funds within the constraints of a medium to low risk investment portfolio. The expendable endowment since 2007
has been managed as low to medium risk portfolio .
The trustees reviewed the policy for withdrawal of funds from the unapplied total retum fund in 2016. The revised
policy aims to maintain the real value of the permanent endowment in the medium term.
The Trustees have assessed the major risks to which the Tnjst is exposed, and are satisfied thal systems are in
place to mitigate exposure to the major risks.

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management
The Trust was estsblished by a charitsble trust deed on 3rd January 1871 subsequently amended by charitable
deeds on 15th November 1907, 25 November 2008 and 21 December 2015.
The Trustees who served during the year and up to the date of signature of the financial statements were:
Mr R Cartwright
Mr J Goodwin
Mrs J Goss
Mr J Homer
Mrs B Needham
Mr N Wright
Rev S Winter
(Resigned 15 January 2025)
(Retired 31 August 2024)
The Trustees appointed to the board are members of the Parish or Parishes nearby who are involved in the Church
and have the best interest of the community at heart. The day-to4ay running of the charity is carried out by the
board.
The Trust is run by the board of Trustees. MFG Solicitors attend meetings where relevant to ensure that the
expenditure and distributions are in accordance with the trust deed.
The Trustees, report was approved by the Board of Trustees.
Beve￿4 Me
Mrs B Needham
Trustee
16 February 2026

ELMLEY LOVETT CHURCH, SCHOOL AND COMMUNITY TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ELMLEY LOVErr CHURCH, SCHOOL AND COMMUNITY
TRUST
I report to the Tnjstees on my exarnination of the financial statements of Elmley Lovetl Church, School and
Community Twst {the Trust) for the year ended 31 March 2025.
Responsibilitie$ and basis of rnport
As the Trustees of the Trust you are responsible for the preparation of the flnancial statements in aGcordance wlth
the requlrements of the Charities Act 2011.
I report in respecl of my examination of the Trust's financial statements carried out under section 145 of the
Charities Act 2011. In carrying out my examination I have followed the Dir8Ctions given by the Charity Commission
under section 14515llb) of the Charities Act 2011.
Independent examinorfs ststement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Trust as required by section 130 of the CharFlies Act 2011.
the financial statements do not accord with those records. or
Ihe financial statements do not comply with the applicable requirements conceming the fomi and content of
financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the financial statements give a true and fair vi9w, which is not a matter considered as part of
an independent examination.
I have no concerns and have come across no olher matters in connection with the examination to which attention
should be drawn in thls r8POrt in order to enable a proper understanding of the financial statements to be reached.
Blake Morris FCA
CKCA Limited
No 4 Castle Court 2
Castlegate Way
Dudley
West Midlands
DY14RH
18 February 2026

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted Endowment
funds
funds
funds
Total
2025
Total
2024
Notes
Income from:
Investments
80.402
222
80,624
91,422
enditure on".
Charitable activities
26,091
575
26,666
68,415
Net (losses)Igains on investments
74,181
74,181
104,178
Net incomingl{outgoing)
resources before transfers
54.311
(353)
74.181
128,139
127.185
Gross transfers between funds
10
(54,311)
54,311
Net movement in funds
53,958
74,181
128,139
127,185
Fund balances at 1 April 2024
33,718
93,609
2,682,439
2,809,766 2,682,581
Fund balances at 31 March
2025
33,718
147,567 2,756,620
2,937,905 2,809,766
The statement of financial activities includes all gains and losses recognised in the year.

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Investmenl properties
Investments
11
12
592,000
2,166,445
517,000
2,167,264
2,758.445
2.684,264
Current assets
Debtors
Cash at bank and in hand
14
3,172
180,389
137,805
183.561
137,805
Creditors: amounts falling due within
one year
15
(4.101)
(12,3031
Net current assets
179.460
125.502
Total assets less current liabilities
2,937,905
2,809,766
Capital funds
Endowment funds including UTR Fund
Income funds
Restricted funds
Unrestricted funds
16
2,756.620
2,682,439
17
147,567
33,718
93,609
33,718
2,937.905
2,809.766
The accounts were approved by the Trustees on 16 February 2026
Beve￿4
Mrs B Needham
Trustee

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity information
Elmley Lovett Church, School and Community Trust is a charitable trust govemed by a trust deed approved by
the Charity Commission merging the Elmley Lovett Church School Poor Estate charity and Elmley Lovett
Educational Foundation, and came into force on 21 December 2015.
1.1 Basis of preparation
The accounts have been prepared in accordan￿ with the above goveming sGheme, 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 IFRS 1021- (as amended for accounting periods commenGing from 1 January 2016). The
Trust is a Public Benefit Entity as defined by FRS 102.
The Trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1
not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practi￿ for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterfing. which is the functional GU￿enCY of the Trust. Monetary
amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. modified to include the revaluation of
investment properties and certain financial instruments at fair value. The principal aGGounting policies adopted
are set out below.
1.2 Going concern
At the time of approving the financial statements. the Trustees have a reasonable expectation that the Trust
has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going cOn￿M basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are sel out in the notes to the accounts.
Endowment funds are subjecl to specific conditions by donors that the capital must be mainlained by the
Trust.
1.4 Income
Income is recognised when the Trust is legally entitled to it after any performance conditions have been met.
the amounts can be measured reliably. and it is probable that income will be re￿ived.
Cash donations are recognised on receipt. Other donations are recognised once the Trust has been notified of
the donation. unless performance conditions require deferral of the amount. Income tax recoverable in relation
to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on re￿Ipt or otherwise if the Trust has been notified of an impending distribution, the
amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent
asset.

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
1.5 Expenditure
Charitable activity costs includes the direct costs of the activities of the Charity.
1.6 Investment property
Investment property, which is property held to eam rentals andlor for capital appreciation, is initially measured
at cost and subsequently measured using the fair value model and stated at its fair value as the reporting end
date. The surplus or deficit on revaluation is recognised in net incomel(expenditure) for the year.
1.7 Fixed asset investments
Fixed asset investments are initially measured at transaction Pri￿ excluding transaclion cosls, and are
subsequently measured at fair value at each reporting dale. Changes in fair value are recognised in net
incomel(expenditure) for the year. Transaction costs are expensed as incurred.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposils held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The Trust has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Trust's balan￿ sheel when the Trust becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the fvture receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or
are settled, or when the Trust transfers the financial asset and substantially all the risks and rewards of
ownership to another entity. or if some significant risks and rewards of ownership are retained but control of
the asset has transferred to another paty that is able to sell the asset in its entirety to an unrelated third paty.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction. where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Trust's contractual obligations expire or are discharged or
cancelled.

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from investments
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Rental income
Other income
Interest receivable
15.988
64.414
15,988
64,414
222
21.178
70.036
21.178
70.036
208
222
208
80,402
222
80,624
91,214
208
91,422
Expenditure on Gharitable activities
Governance Governance
costs
costs
2025
2024
Direct costs
Insurance
Repairs & Maintenance
Elmley Lovett PCC
Educational Foundation & Relief in Need Grants
1,327
379
20,690
575
1,202
4,036
22,571
36,450
22,971
64,259
Share of support and governance costs (see note 4)
Governance
3,695
4,156
26,666
68,415
Analysis by fund
Unrestricted funds
Restricted funds
26,091
575
31,965
36,450
26,666
68,415
Support costs allocated to activities
Governance
costs
2025
Total
2024
Governan
3,695
4,156

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs allocated to activities
(Continued)
2025
2024
Governance costs comprise:
Legal and professional
Agents fees
1,776
1,919
1,738
2,418
3,695
4,156
Included in governance costs above is £1,776 (2024= £1,738) for Independent Examiners fees.
Net movement in funds
2025
2024
The net movement in funds is stated after chargingl(crediting)'.
Fees payable for the independent examinalion of the charity's financial
statements
1,776
1,738
Trustees
None of the Trustees (or any persons connected with them) re￿iVed any remuneration during the year.
Employees
There were no employees during the year.
Gains and losses on investments
Endowment Endowment
funds
funds
2025
2024
Gainsl{losses) arising on=
Revaluation of investments
Revaluation of investment properties
(819)
75,000
104,178
74,181
104,178
Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Transfers
There has been a transfer of £54,311 from unrestricted funds to restricted funds during the year. This
represents the distribution of the monies due to the Poor Fund (£18,104) and the Educational Foundation
(£36,207) and is held as a restricted fund.
11 Investment property
2025
Fair value
At 1 April 2024
Net gains or losses through fair value adjustments
517,000
75,000
At 31 March 2025
592,000
Investment propety comprises Bearcroft Field and Church Cottage. The fair value of the investment property
has been arrived at on the basis of a valuation carried out at 12 February 2026 by Dolittle and Dalley FRICS,
who is not connected with the Trust. The valuation was made on an open market value basis by reference to
market evidence of transaction prices for similar properties.
The Trustees are of the opinion that the valuation of investment property has not materially changed be￿een
the year end and the date of the valuation report.
12 Fixed asset investments
Listed
investments
Cost or valuation
Al 1 April 2024
Valuation changes
2,167,264
(8191
At 31 March 2025
2,166,445
Carrying amount
At 31 March 2025
2.166.445
At 31 March 2024
2,167,264
10-

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Fixed asset investments
(Continued)
2025
2024
Investments at fair value comprise..
Fixed Interest
UK Equities
Overseas
Altemative Markets
Cash
199,575
644,389
1,145,184
156,889
20,408
223,176
716,748
1,015,243
138,815
73,282
2,166,445
2,167,264
13 Financial instruments
2025
2024
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
2,166,445
2,167,264
14 Debtors
2025
2024
Amounts falling due within one year:
Other debtors
3.172
15 Creditors: amounts falling due within one year
2025
2024
Other creditors
Accruals and deferred income
8,340
3,963
4,101
4.101
12.303
11

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Endowment funds
Endowment funds represent assets which must be held pemianently by the Trust. Income arising on the
endowmenl funds can be used in accordance with the objects of the Trust and is included as unrestricted
income. Any capital gains or losses arising on the assets fomi part of the fund.
At 1 April
2024
Gains and At 31 March
losses
2025
Permanent endowments
Rathbones portfolio
Investment properties
2,165,439
517,000
(8191
75,000
2,164,620
592,000
2,682,439
74,181
2,756,620
Previous year:
At 1 April
2023
Gains and At 31 March
losses
2024
Pemianent endowments
Rathbones portfolio
Investment properties
2,061,261
517,000
104,178
2,165,439
517,000
2,578,261
104,178
2,682,439
17 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
Incoming
resources
Resources
expended
Transfers At 31 March
2025
2024
Poor Fund
Educational Foundation
2.576
91,033
(575)
18,104
36,207
20,105
127,462
93.609
222
(575)
54,311
147,567
Previous year:
Incoming
resources
Resources
expended
Transfers At 31 March
2024
2023
Poor Fund
Educational Foundation
2.826
86.776
(1.000)
(35.450)
750
39.499
2,576
91,033
208
89.602
208
(36.450)
40.249
93.609
12-

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2024
Incoming
resources
Resources
expended
Transfers At 31 March
2025
General funds
33,718
80.402
(26.0911
(54,3111
33,718
Previous year:
Incoming
resources
Resources
expended
Transfers At 31 March
2024
2023
General funds
14.718
91.214
(31.965)
(40.2491
33,718
19 Unapplied Total Return
The charity has been uranted the investment power of total return by the Charity/ exercssed its rights by
the Tru5tee5 under section 104IAI of the charitie5 kt 2011 on 30January 2016. Thi5 power permits the
trustees to invest permanently endowed funds to maximise total return and therefore to apply an
appropriate portion of the unapplied total return to income_The unapplied totsl return remain5 invested
as part of the permanent endowment until that PO￿*r is exercised. When exercised it allows the trustees to
apply an appropriate portion ofthe unapplied total return to incorne each year_
Endowment for
investment
Unapplied Total
Return
Total Endowment
At l Aprll 2023
Movements
Gain5111055es12024
724,128
854,134
2578,262
104,178
104.178
Total 31 Marth 2024
724,128
958A12
2,682,440
At l Apra 2024
Movements
Gain51 IIOs5es12025
724,128
958R12
2,682,440
74,181
74.181
Totsl 31 Marth 2025
724,128
IA132,493
2,756,621
13-

ELMLEY LOVETT CHURCH, SCHOOLAND COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Analysis of net assets between funds
Unrestricted
funds
2025
Restricted Endowment
funds
funds
2025
2025
Total
2025
At 31 March 2025:
Investment properties
Investments
Current assetsl{liabilities)
592,000
2,124,497
40,123
592,000
2,166,445
179,460
41,948
(8,230)
147,567
33.718
147,567
2,756,620
2,937,905
Unrestricted
funds
2024
Restricted Endowment
funds
funds
2024
2024
Total
2024
At 31 March 2024:
Investment properties
Investments
Current assetsl{liabilities)
517,000
2,125,316
40,123
517,000
2,167,264
125,502
41,948
(8.230)
93,609
33.718
93.609
2,682.439
2,809,766
21 Related party transartions
There were no disclosable related party transactions during the year (2024 - none).
14-