BIRTHDAY HOUSE TRUST
ANNUAL REPORT Al￿ FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2025

BIRTHDAY HOUSE TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
PAge
TnJ$t¢cs'Annual Repon
IndependentAuditor's Rew)rt
Statement ofFinancial Activitics
Bajance She¢1
Schedule of Investments and Incosne
io
Notes to the Financ2d Statements

BIRTHDAY HOUSE TRUST
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The Trustees are pl¢ased to present their report together with the financial statements of the charity for the year endfyj 5 April
2025. The financial statements have been prep￿ed in ￿COrdanCe with the a¢cO￿tIng policies s¢t oul in the note5 to the financial
stBtements and comply with th¢ ¢harity'5 gov¢rnin8 documet)L the CharitlC5 Act 2011 ￿ld Accounting and Reporting by
Chftrities: Statetnent of Recomm¢nd¢d PTaGtic¢ applicable to charitie$ prep8ring their accounts in accordance with the Financi
Reporting Standard applicable in UK and Ryblic of Ir¢land published in October 2019.
Objettlvu gnd actfviti¢s
The Primwy objectiv¢ of the Ttust is the provision of Sh¢lteTedAccom(xJation at Fa8cbourne. Midhurst. West Sussex, known as
Birtl¥Jay House. In fvrtheranc£ of the Trn$tees' ¢haritablc octivities, the Tn]stees' let their proity known as Rotherfield SForts
Gn)und io Rotherfield SportsAssoci3tion for Usc a5 a playing field at a nominaI r¢nt.
The Trustees may pay or apply the unrestyi¢t¢d ¢apitai and income of th¢ Charity to or for such charitable institution5 or purw8
as th¢ Ttu$tee5 in their ab801ute distr¢tion think fit.
The Trustees cajry these objectives by r¢gul*ly ¢￿￿idering appeals from oih¢r ¢hatities and makit)g policy 8￿1 fjjnding
deeisions.
Publie Bexefrt
Th¢ Trustecs confitm that th¢y have COTnplied with the dury in s¢¢tion 17 of the Charities Act 2011 have referred to the
guidance containcd in iht Charity Commis520n's genera] guidan¢e on public benefit when reviewit)g the Charity's gims and
objectives and in planning ftTthre activities and setting the donation5 policy for thc y¢ar. Th¢ b¢tt¢fit thai ¥rises is the PTOVi5ion
of fijnding to organisations that dwonstrate chaTLtable pur￿￿¢.
Athitvements #Ad perfom*llte
During the year the Tnistees made 8rants tOt￿lIng £115.355 [2024.. £91,845] in fUrtheraT￿ of thrir objcctivcs and continue
make grants 10 ¢hari¢able organisaui>ns on a one-off and recurri￿ b&8is. The l&rg¢r graDts award¢d during the year are
Stated in th¢ notcs to thc financial statements.
The TnLStee5 are pleased with the pro8￿5 made in the finan¢i81 year ended S April 2025 and look forward to expandin8 their
work with many other ¢horities in the year5 to come.
Finaneixl revie
The Trustees ￿l¥£d £186,151 in inve5tm¢nt income in the current year12024.. £160.8421 and the Tnjstees have achiev￿ their
intention of 5pendin8 the into]ne on charitable activiti¢&
Nd outgoing resources for the year were £82.49512024.. ouigoing £82,256]. In addition the Trust rea]is¢d 8 gain on inve5tm¢nts
of £23,71512024'. gain £28,782] arld made an unrea]i$¢d loss of £451.23012024: gain £730,154]. Th¢ T*t outgoing ]nov¢Tnent on
fimds £510,01012024- incoming £676.6801.
IxvtstMeh¢ policy
Th¢ TJu5tecs have instruGtcd the Investment Manager that the portfolio is to b¢ inv¢st¢d to PToduce a 8ULtable mixture of income
in order that the l¢vel of gran15 may be maintsined and c2Pltal growth to secur¢ the futurc of the Charity over the coming yeats.
Th¢ TTUSt¢es are confident thai th¢ fithire income stre8m is seture.
The investsnent policy is Moni￿re4J by regular investment re￿)rts and mcctings with the Inwestment Mat)ager. A breakdovrn of
the in¥￿ents held during lh¢ fin￿¢la1 y¢Ar ¢ndfyl 5 April 2025 can be seeTh on page 10.
Rtsk Man*gement
The major risks to which the Charity 15 exp05cd have been identified a]Ml steps taken to miti8ate those risks.
T]]e J]]ain risk to the Charity concems the invellments h¢ld. The Tru5tee5 have mitig*d this riskby ¢ngaging Cozenove Capital
to manage the investment8 and monitor the portfolio and finanriaj risks to the Charity. The TnJ$ie¢8 regulsJly review the
valuation of investm¢ntS 8ll)d the income str¢an) generated.

BIRTHDAY HOUSE TRUST
TRUSTEES, AIYNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The Tnwee5 have Satisfi￿ thcmselves that the trust is a going concern 8t)d has adequate re50urce8 to continue in operational
¢xist¢nr¢ for th¢ foreseeable future. The charitable actLVltitS are funded by thc investment tx)rtfo]io and although Covid-19 did
havc a negative impact on this, the ponfolio ha5 recovered with sufficient value to support continued gront making.
R*s¢rv¢s pollcy
It is the intention of the Trustees to sustsin the unrestri¢t¢d fund5 at a level which will ptovide sufficient funds for the level of
ants paid and io ￿Ver the Charity's managetnent 8nd administration costs.
At the Ba]ènce Sheet date the unTestrict¢d res¢Tve5 sjnounted to £9,182,761.
F￿thre Plans
The Ttuslees do not envtsage any material chwge to the tsperation of the Charity in the long-ttrm and the invesknents will
continue to be Ma￿98¢d on a sitnilar basis &8 they atr now. Notwithstanding this, th¢ Trustees reman flexible in tem)$ of the
type of organisatioThs they 8iipp)rL
StruttsT& govern4het and managtmtnt
The Trust charitsble 5tatU5 atKi was sct up by Third Viscounr Cowdray by Deed dated 31 M8y¢h 1966.
Thc tTranag¢ment of th¢ Ch￿lty is vested in ihe Trustees and IW aaively review the perceived majty risks whi¢h thc Charity
races and the Tnjstees arc satisfied that th¢ 5y5tems are in place ¢0 ]nitigate those risks.
The Trustees have rec¢iv¢d appropriate briefjng on their resrx)nsibilitie$ under the law relating to chariiits and their duty to
ensurc that their charitsble activities are for the public benefit. The appointment of new twste¢s is vested in the Trustees in place
at the time of th¢ oppointment. The sele¢tion of fijtsjrc thjstees will have regard to the skill4 knowl¢dg¢ atld experience n¢¢d¢d
for the effective ad]ninistration ofth¢ Charity. Induction 8nd, knining forlrustees is provided where relevanL
R¢f¢r¢n¢e 4nd gJdmini8tAttYe informatio
A re8iSter¢d clwity. re8jSter¢d with th¢ Charity CorJ)mis5ioners for England and Wales as number 248028.
Principal Offiee:
4th Floor. 7 Swa]low Street
ndon
WIB4DE
The Trusw are Dickinson Tmst Limitcd and Rathbortes Trust Company Litnitrd.
Th¢ Dir¢¢tor5 of Dickinson Trurt Limited ar¢:
The Hon H M T Giknn (Chaimian)
Th¢ Viswunt Cowdray {Resigned 12 March 2025)
The Hon C A PeaT50n
The Hon P N Gib50n
The Hon B C Gurdon
MrJRESmith
MT R C P Trought()n (Resi￿ 13 June 2024)
Mrs S J Burrell
MYS C A Bullough {AppoiThttd 30 August 2024)
The Hon PJ D Pearson (ApwintEd 14 Mz4y 2025}
Mr S J Atktnson
Mrs FA RiGe
Mr M P Harri5
Mr K Wridit

BIRTHDAY HOUSE TRUST
TRUSTEES, ANNUAL REPORT
FOR TJIE YEAR ENDED 5 APRIL 2025
The DIT￿￿r3 ofRathiy)ne5 TnLgt Comp8J)y Limitsdare..
Mr THèrri8 Imwing Director)
Mr R P Stocktsn IResigncd 6 lunc 2025)
Mr B RNcwbi88ing (Resigll￿I 31 Dccember2024)
Miss L J CousiDs (Resi￿d 31 DeL￿ll￿ 2024)
MrA Richmond
Mr J Hurr¢ll (Ra5igned 6 June 2025)
MrsA Frosi Suh8jova (App)inted l July 2￿25)
Mrs K Roberts
Solicitory..
Cwr¢y & Co LLP
33 Queen Amie Street
Londor]
WIG 9HY
Auditors:
Shaw (libFA8 (Audit) Llmited
25 St Thotn&8 StrKt
Win¢h¢8t¢r
H4mpshiT¢
S023 9HJ
Bthr:
Roya] Bank of Scod8nd
119- 121 VictoriA Str¢
SWIE611A
Schroder & Co
l London Wall Plaee
IKJtthn
E(2Y SAU
Inv¥tsn¢nt Mwcr:
Ca7Move Capi
I L￿d(￿ Woll Pl￿¢
EC2Y SAU

BIRTHDAY HOUSE TRUST
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2025
Ststement of Trng¢ets' Responsibilitiès
The Trustees are responsible for preparing th¢ Tn￿lee$, Retth and the financi8[ statements in aca)Tdance with applicabl¢ law
at¥J regulations.
The law applicable to charities in England and Wal¢$ ￿qUIreS the trustees to prepare fJn8nciaI statements for each financial year
in acconlance wilh United Kingdom Generally Accepted Accounting Prxticc (United Kingdom Accounting Stsndards and
applicable r¢8uletionsl. Under law the trustees must not approve ¢he finoncial statements unless thcy arc saiisfLed that thcy
give a truc arld fair view of the State of affairs of the charity and of the incoming resourtts and application of resources of the
chgJity for that period.
In prcpoJrng thc5c financia] $tatcm¢nts the trustee$ are r¢quir¢d to..
- select 8tJitable a¢¢ounting policie$ at)d then apply them consistently.
- obsejve th¢ methods and principles in the Charities SORP IFRS 102)-
- make judgeTnents and a¢¢ounting Csumates that are ttasonable and prudenL'
- $t#te whethcr applicable accounting srandaTd8 hav¢ been followed. subjectio any m8wia] d¢pgrtw disc108ed atNJ explain￿ in
the financial statements,. ond
- prepare the finao¢ial ststernents on th¢ going concern b&8i8 unless it is inappropriatetts Presume that the charity will Continue in
business.
The Tn]stees att responsible for keeping a(kquate accowJtin8 ￿rdS whi¢h are sufficient to show ￿ld ¢xplain the ¢h•Jity's
tr8ns&ctions and disclose with reasonable accurdcy at any titne the finomcial wsition of the charity and enable th¢Tn to ensure that
the f￿￿cIal siat¢ments comply with the ChaTLties Act 201 I, the Charities (Accounts and ReFQrts) Regulations 21108 and the
provisions of th¢ Trust Deed. They are a]so responsible for saf¢Ruarding th¢ ass¢t5 of the charity and hence for tskirtg reasonable
steps for the pr¢vention and detection of fraud and othcr irregularitie5.
Approved by the Trnsiees on 3010112026
I signed on th¢ir b¢h8]f by..
Ditkl*$on Trust Limitsd
R4¢hbones TrustCompaDy IAmlted
Dlr¢rtor
Director

BIRTIIDAY HOUSE TRUST
INDEPEIYDENT AUDITOR'S REPORT
FOR THE YEAR ENDED 5 APRIL 2025
Opinion
We have audit&1 the financial statements of Birthday Hou8e Tnjst (the'charity'l for th¢ year ended 5 April 2025 which compTise
the Statefflent of Financial Aciivities, the BalgJJce Shee¢ the C&8h Flow Sthtement and note5 to the financial ststement&
in¢luding significant accounting policie5. The fjnanciai reporting fr8Thework that has tten applied in their preparation is
applicable law and Unitrd KingthimAccountin8 Siandards, including Financial Rep)rting Standard 102 The FIn￿ClaI R¢pJrtiDg
Standard applicablr in the UK and Republi¢ of Ireland (United Kingdom G¢nernlly Awepteil Ar￿U￿ting Prdcticel.
In our opinion the fitW2cial statements..
giv¢ A true alld f￿r view of the state of the charity's affairs as at 5 April 2025, and of its incoming rtsowe8 and
application of resources, in¢luding its income and expenditu￿, for the year then ended.
have beerh properly prepartd in accordance with Unit¢d Kingdom G¢tL¢ra]lyAccrptedAccountin8 Practice. and
have been prep4Ted in accordance with th¢ requ1￿￿]ents of the Ch8riti¢s Act 2011.
BAsl$ for op1￿1•￿
We conducted our audit in accordanc¢ with InteTiJational Standards on Auditing (UK) IISAS (UK)) and applicable law. Our
responsibilitie5 under those stsndsjds are further described in the auditor r¢sponsibiliti¢s for the audit of the financial sta1￿￿¢llts
sectitsn of our retorL We 8re independent of the ch8Tity in a¢¢ordance wtEh the ethical r¢quirem¢nts are relev8th1 to our audit
of the finart¢ia] 5tat¢menL8 in th¢ UK, including the FRC$ Ethi¢al Standa]d, and we have fi]Ifilled (A]r other ethicAI
responsibilities in accordant¢ with th¢s¢ rcquirements. We believ¢ that the audit evidencc we have obtained is sllfficitht and
apprOpri￿C to provide a b&%is for our opinio
Conelusl•*$ r¢l#tini to goittg eonttr
In audiung the finan¢1￿ 5tat¢ments. we hav¢ con¢luded that the trustees. use of the going ¢oth¢ern basis of accounting in the
preparation of the fin8nG]￿ statements is apP￿PrIate.
B&%¢d on the work w¢ have perfornied, we have not identifjed any material uJ]rcrtaintic5 rclating fo events or Conditio￿ thal
individua]ly or ¢ollectively. may c￿ significant doubt on the ¢h8rity$ ability to continue as a ￿Ing concern for a p￿10d of at
least tw¢lve month5 from when the financial statements ar¢ authorised for i55Ue.
Our resFK)nsibiliites and the r¢spon5ibilities of the tr￿tte5 are with respect to goin8 concern are des¢rib¢d irt the relevant
Sections of this re￿rt.
Other lthform*tio•
The other inform8tion comprises the inforniation in¢lud¢d in the trustees, annual Terrt>T¢ other than the financial statements and
our auditorfs report thercon. The trustees aTE responsible for the other infomiaiion. Our opinion on the financial statements do¢$
noi ¢ov¢r the other inforniation ortd we do not express any form of 85surance conclusion thcrcon.
Our responsibility i5 to read the othcr inforniation 8nE( in doing so, consider whether the other information i$ materially
in¢on515tent with the financial statements or our k]￿wI¢dgC obtained in the course of the &udii or otherwise appears to b¢
mRterially Miss￿ed. If w¢ identify su¢h material inconsistencies or apparent material mis8tatem¢nts. we are required to
det¢miirLe whether this 8ives rise to a materia] misststement in the financial statements themselves. Jf, bosed on the work we
have performed, we conclude that there is amaterial mi5Statement of this other inforn)otiorn we are required to repOrtth￿ fact.
We have nothing to repon it) thi5 regard.
MAtters on whleh w¢ are required to report by exceptlon
W¢ have nothing to report in respect of the following mattcTS in relation wkn the Ch8TitI¢5 (ACc￿￿ts and Rep)rts) Regulations
2008 require us to r¢w>rt to you if. in our opinion..
the inforniation given in the tNstees' report ts ioconsistent in pmy matcrial respect with the f￿￿￿ClaI 5tatetnents,' or

BIRTHDAY HOUSE TRUST
INDEPENDENT AUDrroR'S REPORT
FOR THE YEAR ENDED 5 APRIL 2025
Mxtten on whieh we gre required to report by excepdoD {Con¢itiyedl
suificient accounting r¢¢ords have not been kepL or
t￿ fingnciai stakm¢nts 8J¢ noi in agreementwith the accountin8 records. or
we have not received a]1 the inforrtlation aThd explanations w¢ requirc for our audit.
ResponsibilititJ of tniBtees
As ¢xplained more fully in the truste¢s' r¢spon5ibilititS 5tatetnent Set out on page 3, the IDJsiee8 are responsibl¢ for the
prepo1otion of thc flnancial siattments and for being satisfied that they give a true and fair vtew, and for SLtch interna] torttrol as
the tru5ttts determine is nece8S8ry to enabl¢ thc preparation of financial statements thgt Are free from Materi￿ mi8StatemenL
whcther due to fraud or ernr.
In prewing th¢ financial stat¢m¢nts. lh¢ tr￿Tte$ &e respotL8ible for assessin8 the charity's ability to continue as a going
onccTh4 disclosiThg. ￿ applicable, matt¢TS related to going concern and usin8 the going conc¢rn basis of accouniirtg unl¢s$ the
trustees either intend to liquidate tht charity orto cease operations, or have no realistir altEmative but to do so.
Amditor responslbilitiÈs for the ¥udit of the fThAnei81 stAt•ments
We have been aprM)int¢d os audiior under section 144 of the Ch￿111¢$ A¢¢ 2011 and r¢wrt in a¢¢ordan¢e with the Act and
Tclevant regulations made or having effect thereunder.
Our objectives are to obtain re450nable &s$uran¢¢ aknut wh¢ther the financial statements &8 a whole are free from material
mi$ststemen¢, whether due to ftaud or error, and tts issue an auditor'5 rewrt that includes our opinion. Reasonable &85urance is a
high lev¢1 of asSUTance. but is not a guarsntee that an audit conducted in acconknce with ISAS {UKI will always detect a
rtLateriaJ misstatem￿1 when it ￿Sts. Mi55tatetnent5 can arise from fraud or ertor end ar¢ ¢onsid¢red material if, individually OT
in the awegate. they could reasonably be expected to influetK¢ the ttonoTnir thi5ion5 of u5crs taken on tk basis of these
financia] $tat¢ments.
Irregularities, including fraud, #re instances of non-compliance with law5 gnd regulations. We de5i8n procedures in linc with our
resp)nsibilities, outlined above, to d¢ie¢¢ Ma￿ll1 Tni551atements in r¢sp¢Lx of irregularities, including fraud.15 The extent to
which our procedures are capable of dctrGting irregularities. including fravd is drfailed below:
Because of the inheren( limitatlon5 oran audii. there 1$ a risk that w¢ will not d¢t¢ct all irregulaTiti¢s, including those leading to
material misststement irt the financial stateM￿t5 or non-compliance with regulation. This risk increases the more that
complian¢e with a law or regulation is removed from the events 8ll]d transactions reflected in the financial starements. as we will
be less likely to kcom¢ aware of in$tancc5 of non-cotnpliance. The risk is also r¢ggrding ir￿gular111¢s o¢¢wYing due io
fraud rather than error, 8s fraud involves intentional Contt￿Ment. forgtry, tollusiort, omi$5ion Or miST£pre5etitation.
We obtained an understanding of the legdl and regul￿Ory fram¢work applicable io the Ch￿ity via discussions with the trustees
and previous knowledge of the charity. This identified that the most 5i8nificant law5 and regulations relate to the forn) and
content of the financiaj staiements $u¢h as th¢ Chartties Act 2011. the Ch8rities SORP IFRS 102) 8nd Fin8ncifti Reporting
Standard 102. The charity ttkmplics with these laws atml regulations by usios appropYia*ly qualified professionals to prq)are the
flljancial statem¢nts.
A$ part of our planning process we assessed susceptibility of thc chariiy's financial statements to material misststements,
including how fraud might OCCUT by m&king on assessrneni of the key risks. The key risks Identifi￿ in respect of Birthday House
Trust are r¢venue recognition and eligibility of chaJitable givin8. The injsiees ¢onfirmed t)0 a¢tual, suspe¢t¢d (pr ￿leged ca5¢5 of
frau
B&%e4 on thi5 assessment we desi8Jrd our audit proc¢duK% to address th¢3¢ key risk areas wirh an emphasis on t¢sting the
income and gains i>n the investments, the irKome on investh)¢nt property the Ch￿itable donati¢)ns madc.
A fvrth¢r description of our responsibilities Is available on the FRC'S website at.. https:l/www.frc.org.ukqibraryl$iandords-¢odes.
licylaudit-a8Surance-a￿I-¢th1¢￿. Thi$ description fornis part of our Ludilor's report.

BIRTHDAY HOUSE TRUST
INDEPENDEiYf AUDITOR'S REPORT
FOR THE YEAR ENDED 5 APRIL 2025
Use of our nport
This r4￿rt is madc solely to the charity'5 tNste&%'. &8 a body, in accordanE¢ with Part 4 of th¢ Charitic5 (Acrounts and Rewrt51
Regulations 2008. Our audit work h&8 been undettsk¢n 80 that we might Btate to the charity's tr￿Stee8, tknse matters we are
reqUI￿d to 5tat¢ to them in an auditor's rep)rt at)d for no other purpose. To the full¢st ¢xtrnt p¢llnitt¢d by ]aw, w¢ do not a¢¢e
or assume resrM)nsibiliry to Snyone other than the charity and the Charity's trustees. &% a IM)dy, for our audit Work, for thi5 rcpD
or for the opinions we hAv¢ formed.
L*J
Shaw Gibbs (Audit) Limi
ChartM¢d Cenifi¢dA￿untsffits
sta￿tOry Auditor
25 St Thom&% Street
Win¢hest¢r
Hampshi
S023 9HJ
Sh&w Gibbs (Audil) Limited i8 eligible for appointhient &8 auditor of the ¢harity by virtue of its eligibÈlity for appointment as
auditor of a company under 8ection 1212 of the comp0￿1¢S Act 2006.

BIRTItDAY HOUSE TRUST
STATEMENT OF FINAIYCIALAcfivITIES
FOR THE YEAR ENDED 5 APRIL 2025
2025
2025
ThtAI
21124
Note
Pri•r year
totsl fu•di
d$
IDe•me fmm:
CI*Titable activitie8
Invutrnents
69,410
186,151
69.410
186,151
74J38
160,842
Total
255,561
255,561
235.180
EiptDdltur* oll,.
Raisin8 fi￿d9
Charitablc activities
3,478
334.578
3.478
334,578
3,412
314,¢)24
338.056
338,056
317.436
Nel intomel(expeDdtthre)
(82,495)
(81495)
(81256)
Giinsloosw) on inveJtsneDt
li
(427,515)
(427,515)
758,936
Ne¢ m•Y¢mtllt ill hnds
(510,010)
(510,010)
676,680
Totsj funds br￿h¢ forwatd
17
9.692.771
9.692.771
9,016,091
Totsl ¢•rTled forwA Trl
9.181761
9,18? 761
9,692,771

BiiYfHDAY HOUSE TRUST
BALANCE SHEET
AS AT 5 APRIL 2025
Not¢
2024
Prfory¢ar
Totsl
rllnd8
T8n8ible ￿Sets
Invc5trnents
12
153.774
8,851.08S
153,774
9.328,958
Totsl Fixed Assets
9,IKJ4,859
9.482.732
Debtor
Cash at bonk
13
14
1,017
210.875
2.428
243.478
T•tal CurrntAss¢ts
211.892
245,￿)6
Crtdl￿rs:Arnou￿ts fa]ling due within ¢)ne ycllr
(33390)
(35.867)
Nat Cknrrthtknets or Liabllld
I77,￿2
210,039
Totsl NrtAJJets orLl#bilititA
9,182,761
9.692,771
The ofthe Chartty:
17
9,182,761
9.691771
Total ChArhy FMod8
9.181761
9,692,771
Approved by ihe Trusteu on 3010112026
tKi SI￿￿1 on their ixhalf by..
Dkklll8oll TrustLlrntt•d
Rathbones Trust Company Limited
Director
Dlreetor

BIRTHDAY HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Ststutory Informotl
Birthday House Trust is a regist￿￿ ¢harity. The registered number 8t￿ principal offi¢¢ address be found irt tl* Report
ofthe Trusteu,.
Aeeouttting PolicitJ
B*sis of fthanfi41 statsmeDts prepgratlon
The financial statements of the dwity, which 15 a public benefit entity, hav¢ b¢¢n prepar￿ in accordanc£ with the Charities
SORP (FRS 102) 'A¢¢outtti]]g Re￿rting by Charities.. Statement of Recommended Practice applicable io charities
prq)aritsg their arcounts in accordance with the Finoncial ReFX)rting Standard appli¢abl¢ in the UK and R¢publi¢ of IT¢lgJ]d
(FRS 102) (effective l January 2019),, the Financial RerM)rting Sthndard applicable in the Unitd Kingdom and Republic of
IT¢land (FRS 1021 and the ChaTi¢ie5 Act 2011. Th¢ fin8n¢ial stet¢ments have been pryed under the historical cost
conventiotL
The f￿ancial $tstem¢nts have been prepw¢d to give a'true P￿d faitr view and hav¢ departed from th¢ Chgritie8 {Ac¢ounts
8nd R¢p)rts) Regulations 2008 only to the extcnt required to provide a true and fairf view. Thi$ dVlu￿ has involved
following Accounting and ReJx>rting by Charitias preparing their &t¢ourtts in attordance with the Financial Re￿}rtifts
Standard appliceble in the UK and Republic of Ireland IFRS 102) issued in October 2019 rather the Accounting at
R¢porting by Ch8riti¢s.. s￿t￿)eN of Recommended Prithice effcGtivc from l April 2005 which h&8 8ince been remov￿.
Thc Trusttt5 consider ihat there are no material unvrtainties about the TnL8Vs ability to continue &% a going con¢¢m.
b) Nature of funds
All fjjnds held Br¢ wirestricted snd the Tr￿$1¢¢$ ar¢ fr¢cto usc them in accordance with the charitsble objec
Flx¢d a55et illvtStmeDts
Investrttents are sthted ￿ market valu¢ et the BolanrK She¢1 date. Overse&s investments are tr8nslat&4 inio $terlirtg at the
rateB ruling at the yw cnd. The Statement of Financial Aclivities (SOFA) includes the n¢t gains and Ioss¢s otl majuation
and disp)5als throughout the year.
d) Ill￿me
Income is reu>gnis¢d in the SOFA once th¢ ¢h￿lty h&s entitlement to the fund& it 18 probable that th¢ income will be
received and the amount can b¢ mwured reliably.
E¥enditsre
Liabiliti¢s ox¢ r￿o￿lised as expendiWf¢ as soon as there i4 a le8￿ or ¢owtru¢tive obligation CL¥nrnitting the charity to that
expenditur4 it is probable that a traTJ5fer of economi¢ benefits will b¢ ro4uired itl settlement and th¢ wnount of the
obligation c4n be mwured reliably.
Expcnditure is accowk¢d for on an ac(Tuats b&sis and hes b¢¢n classified under heading5 that 88greg8te 8]1 costs reiAted to
category. Where costs caTmOt k dircctly attributed to particular h¢adin8& they hav¢ been allo¢atal io activities on a
basis cot)sist¢nt with the us¢ of resour¢e&
Ch8rhabl¢ grnllts
Grants payable are recognis¢d in the SOFA wlwi they are OPPTov¢d by the frustees and the recipient has been infonn¢d of
the aTnount to be paid.
11

BIRTHDAY HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
(Continued)
Forelgn turreDel*s
Trwa¢tions denotn1￿t¢d in a foreign cU￿enCY 8r¢ tr8m$latrd inkn sterling ￿ the rate of exclwjge ruling at the date of the
tra[￿ctIOn. At ihe Balance Sh¢¢t date monetgry asset5 and liabilities denominated in a foreign ¢wI￿¢Y are trODslar¢d at th¢
rate rnling ￿ that da¢e. All exchange diffcrences are dealt with in the SOFA.
h)
IrretoverAbk VAT
Irr¢LX)verable VAT is written off to the 5FJlle expense category in whi¢h the a¢ttwi ¢xpendittw¢ was in¢wre¢L
R¢mun¢r•tlon ofTrustees
In the financi￿ year to 5 April 2025 the T￿￿te¢S did not receiv¢ any r¢muneration or have their eKpense8 reimlxjtsed by the
Charity. Dickinson Trust Limited charged administration expenses of £42,00512024.. £37,0681.
eomt from cbaritsbk #¢¢lvities
2025
2024
RBntal income Rotherfield SFK>rts GAThL￿d
Re4)tsl income Birthday Hous¢
1,250
68.160
1,250
73,088
69.410
74,338
Invtthn¢Dt In¢•me
2025
11124
Iw)me from investsnetlts
Dcwit interest
183,078
3,073
155277
5.565
186.151
160,842
Expend1￿re oth r*i5ing htTrdJ
2025
21)24
Investhjent mgrAg¢ment fe¢$
3,478
3.412
3,478
3,412
Charhabl¢ *¢livitie5
Direct t05ts Support Costs
(see Dote 8)
{see nots 9)
2025
Thtal
2024
Totsl
Ch￿itable ￿pendIture
115.355
219.223
334,578
314,024
12-

BIRTHDAY HOUSE TRUST
NOTES TO THE FINA￿CIAL STATEMENrs
FOR THE YEAR ENDED 5 APRIL 2025
(Continued)
Dirett costs
The Charity undertixbk no dir¢a ¢h￿l￿b]e activities but &w8rd&J grants to a numkr of institutions in fi]rtherance of its
charitable objectives. ar¢ as follows".
Cowthay H¢ritsge Tnjsi
DrukpaTn]st
Tibet House Trust
E8seboume Primary School
50,0
20,IXX>
12.0(KJ
7,464
89,464
25.891
Other grants (equal to or individuo]ly 1¢55 th¥JL £5,000)
T•t*l forthe year
115.355
AmA]ysi5 of gT*llts made
Grants to
Insthutlofys
GrAnts to
IDdlvldu*ls
Total
Prevention or relief ofp)v¢rty
Advancemcnt of educ&tion
Advancement of religion
Advan¢efflent of healih or th¢ ￿VIng of liv&8
Advancement of citizenship or Community development
Advancementof environment￿ protection or improvem&rt
Relief of tkn5e in need, by re8soJ] ofyouthj 08e, ill-health,
disability. financial hardship or other disadvantage
Promotion of th¢ eificitncy ofthe arnied forces of th¢ Crow
the p)Iic4 fire 8nd r¢s¢u¢ s¢rvices, or ambulance s¢rvi¢¢s
50.000
7.464
12,000
20.500
1.750
12,000
20,500
.750
17,641
17,641
1.000
97,714
17,641
115,355
Support eosts
Administration cxp¢n5CS
Bank ¢harges
Rathbones Trust CoTllp9￿Y Limited fees
Legal fces
Portfolio Steward8hip fees
Propffj expeths¢s
42,IK>5
37.068
14
4200
4.800
4.306
171,791
4200
4,595
168,423
219223
222,179
During the year administration exrKnse5 of £42,005 were ¢harged by Dickinson Trust Limited Itrusttt). The smount of
£3,170 plu5 VAT w&s ¢hArg¢d by Shaw Gibbs {Audit} Litnit¢d for their Ind￿￿J¢￿tA￿Atl of these Financid Statements
13-

BIRTIIDAY HOUSE TRUST
NOTES TO THE FIIYANCIAL STATEMENTS
FOR THE YEAR EY4DED 5 APRIL 2025
Icontinuedl
10 Stsff costs
There are no unploy¢¢s so consequently no staff costs hove b¢en incwred.
Flxtd wet iwves¢meDts
2025
Mthet value brought fonvard
9J28,958
8.640,196
Less disposal proceeds
150,358)
(70,174)
Net gain￿[10Sses} on inwestments
1427.5151
758,936
Market va]ue carried Eonvard
8,851,085
9J28,958
GeographiL41 *ualy5iS
2025
2024
Utjiied Kingdom inve5ttn¢nts
Ov¢rseas invcstments
8,834,568
16,517
9,312,302
16.656
8,851.085
9.328,958
The investments were revalued each year ￿ to 5 April 1999. Therefore. there is no histotit tos¢ fjgure availabl& The
va]ue of the inveslments at 5 April 2025 was £5,070,512.
N¢t goin￿{lO$S¢S} on investh)etJts in¢lud¢s rea]ised 8ain$ for the Ye￿ of £23.71512024: gain £28,782] and unjtaliscd 1055C$
on rtvalu&tion to market valu¢ of £45133012024.. Wdin £730,154].
12 Tangibk *s4¢ts
2025
Total
2024
Totgl
Birthday House
Roihcrfield Sports Ground
92,946
60,828
60,828
153.774
153.774
The tanatble fixed as￿ slated at cost. No depreciation is charged. IL is ¢otisidered by the Trustees that any depreciauon
charged wou]d not bc materi81 in th¢ context ofthese financial staem¢nts.
13 Debton
2025
2024
Rental income du¢
Prepayments
Admin15tration expeJJses
625
1.479
324
1.017
1.017
2,428
14-

BIRTHDAY HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
(Continued)
J4 Cash At bgnk
2025
2024
Royal Bank of Scotland
Schrod¢r & Co
Nation￿ Westhjioster Bank
59.571
133,241
18.063
20.599
195.210
27.669
210,875
?43,478
15 Cr¢dltors: AmoDDts falling due withitt year
2025
21)24
Administration expcnw
Payment5 ducto charities
A¢¢n￿lS
Cowdray Estate building works
Portfolio Stewardship fees
2,235
15.000
8,828
7,927
15,IK)O
4.895
11,666
4,306
33,990
35.867
16 C•mmitm¢Dts m*de
WAlll¢
Numb¢r
of yur5
Totsl
No conditions attach¢d.'
Science Mu5ei
15.(X)O
15,000
15,000
17 Movem¢nt In fund5
2025
2024
Unrestricted fvnd$.'
Bajance brou8ht forward
Net movcment in fimds
9,692.771
1510,010}
9,016.091
676,680
B2lanct cartied fonyard
9,182.761
9.692.771
Net movement in fijnds i￿]Ud￿ in the above are as follows..
G8in5 Movemellt
losses
ltt funds
l#¢om¢
Outgoings
Unrestricted Funth
255.561
1338,056)
(427,5151
(510,0101
15-

BIRTHDAY HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 5 APRIL 2025
(Continued)
18 R*l¥ted Party Tran￿¢150￿$
Donations of £50,000 were made to Cowdray Heritage TTU$i. Vis¢o￿t Cowthay (tswstee of CowthBy Heritage Trust) is
di]r¢tor of Dickinson Trust Limited {truste¢l and Mr B R Ncwbigging {tru$te¢ of Cowdray Heritage Tnjstl is a diredor of
RathFM)ncs Trust Cotnpany Limii¢d {trust¢¢l. Viscount Cowdray resigned ￿ Director of Dickins(pn Tntsi Limited on 12
March 2025 8nd Mr B R Newbigging Te5igned Director of Rathbone5 Trust Company Limited on 31 DecenJbeT 2024.
Donations of £12,OW were m*le to fiiw House TrLrt Vis¢ouni Cowdray (trustee of fibet House Tnjst) 18 a director of
Dickinson TnL3t Limited (tn]siee). Wis¢ount Cowdray resigtt&l &5 DireGtor of Dickitjson TnJ8t Limited on 12 Ma￿h 2025.
The day to day management of rent￿ properties is undertaken by Cowdray Estat¢ on an aIm'5 length Iwis. The
man&geTncnt fce chsrged in ihe yVdrw&s £23,536. The Cowdray Estatc ch3rged repair5 and maintenance costs of £36,768 in
the yeoJ of which £7,927 was outstanding at 5 April 2025.
Rathboncs TrLL%t Company Limited (tswsteel Charged ftes of £4,200 {2024 £4,2(h)).
During the yw Millbank Financial Services Lirnitcd ('MFS'I charged fees of £4.595 12024.. £4.3061 ffi)r their Portfolio
Stewardship 8¢rvice Dickirngon T￿st Limited char8ed administration expenses of £42,IK>512024.. £37,068]. The Hon H
M T Gibso]4 The Hon CA Pearson and Mr M PHarri$ {DiTrctOT5 of Dickinson Tnjst Limited) ar¢ Dire¢tor5 of MFS.
It should bc noted that a sibling of Hon H M T Gibson 8￿d Hon P N Gibson, ¢he father of Mrs C A Bulbugh, the son of Mr
J R E STnith th¢ mother of Mr R C P Troughton (Directors of Dickinson Trust Limit¢d) are DireCkn￿ of MFS. n8m¢ly
Hon W K Gibson, Hon CA Pears0￿ Mr O G E Smith and Mrs S H Troughton rcspcctively.
Mr R C PTwughton resi￿)ed ￿ Director of Dicktnson Trust Ltmited on 13 June 2024.
Mrs S H Troughton resigned as Director of MFS on 17 Septernb¢r 2025.
16-