Chqrityft(piti*tion number249913 THE KRISTINA MARTIN CHARITABLE TRUST ANNUAL REPORT AND LN4UCrfTED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
THE KRISTINA MARTIN CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Tru#t••s MrP D Tompkh Mr D A Thomas M8 C J Jones lappoTntsd 12° February 2025) Ms A Kcallender lappoinled 12° FebNary 2W25) Chorlty nun•r 249913 Règist•r8d offi¢• Suilè 7 Th8 Hall B8rkshire RG14 S Indpndent examlner UHY Ross Brooke Suit• I ndrnh Court Abingdon BUn$S Park Abingdon OX14 1SY 8#nkorn CAF Bank Ltd 25 Kth9s Hlll Avenue Kings HID Kant ME194JQ Investment advlsorn R8C Brewin Dolphin 12 Smithfield Strg&t London EC1A880
THE KRISTINA MARTIN CHARITABLE TRUST CONTENTS Trust•88' ststement of tnJsts•$' ro$ponsll>ilibg8 lndopond8ntoxarinefs Sthloment of fin¢la1 adivth•s Stslsmoftt of finatal PQBiIiDn Not to tho tlnandal staloThnts 8-14
THE KRISTINA MARTIN CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2025 Tho tmst8•s w•s•nt Ih•ir worl and finanaal SlatenforthO year•r#Jod W25. The financ&g1 statèmènts h4Np be wryared kn accordarrn rylh ltrh• ac¥xwrtiig polpi&$ 8e¢ in nole 1 lo the financial 9tateffnts and conth ith the ch•rity$ D•od of Trust dated 8 Seplember 1986. the Charibes Act 2011 and°AeLounting and R•rting Chariiies: Statenwntof Reeofffft)end&d Pr¥¢li¢o aFWi¢able to charilies preparing thoir a¢Uts in accord8nc4 ith the Finan0¥ Rgpotlmig StsrKlarf apF4KALle in the UK and Repubtle of Ir•land (FRS 1021" la$ anwnded foracD)unlllig perk¥Js fmm 1 January 20191. Objec4••and aclvltlB8 Ouring the yearthe tnJst•es hav• acknd ac¢tsthce vAth th& th•lS oti8cb¥•s 8l&t•d in th? IN8t deed. whith arn as folknA: . th• Iru$lfj•$ shall pty or awy the en1irety of tho annual incon of th¢ trust fund to such charitable Foundations and frr $uch ¢haritat4e Pa as the TNses st1 from tim8 to lim• in their absolut0 (lis¢xelion detemrrine. . the trustees shall ha Frfy•Mfrom to l•n• in Iher aUle diK¥pl1¢ rfthey shal so thlnk fft to pgy or app any part or p•ts or th• ofthe captsl ofthe Trusl Fund to ony foundation or for any Charitale puryjose. The trustees have paid Oje r•gard is$1 ty the Chwity CorThrMsskn In deckllng acNvTrll•s charity Should urthrtak•. Signft¢ant 4¢llvS11 The carity ntinUed to Trceive in¢>)mo from ils tn¥esbTrnts, and nMd•grants lo vamus tharItab insliiubons In OrdenCe the tem)s ofts tNsL Th• fm$l¢Jo•$ not a¢tiW1yftha and seeks) conlwiuo lh• ctharil>l8knThd•sirnd tyth8 thUgh cargful 8tthYardshlp ol its rnsoms. PubX¢ ljenefft The TN$lo6$ have refeThed to the Charity Corrisslon's gen1 guida1 on benefft when ¥1879 the Charitys aims and otrio¢bv•$ and in plaming its fvbjre athl. In parti¢yJlar. the Tntstees c¥nswJ8rh0w•nnfjd actbmties thlll contrltArt8 to IM ms ofth• Cawiity th? public neffl verynt Grnnt mikirtg The ¢hariWs grnnlmBking pol¢orrytheffUTh br••th fortho b•n•frt Of1 public and rMnkAI Althcugh Ihé Inwtsa$ rntsml di8¢r•tion to benefft the fjjl of dritable obj'ects. on• of th• fws•s ofth• thaiity during theyearhas tgn to b9ngfft causesvthth p)wromtsnt of nMt•l h1th and rn•nial hoamh 4wareness. SUil¥fle preVenn and bewv&m¢nL the lastlln8nLlal year, th Trn$t rnNi•d thww4ntfftking priixieg > atknss c4us8s id8nthd as hAwng a dlred impact on lh• ¢or& •fva$ dox¥ibed above. As a resul southt kn in• 9rnnt•1alIOn$ that ¢0rnd 8Feafic granl th8mes as follovA" 2. Reduction In th• •ff8¢ts of social rr¢tha on montal heath. 3. RedUCtn of soiaal isolation. 4. Improving menlal heamh tyjtcOn forththn arKI Trung peoFIo. Th• InJ¥tees consler pos8a>le tharltabkn puposes and olherthan having rnprd to Ith• clity Commlsthn's guidow on PutsY¢ Btrnefft the Injslees are nol r•strirthd in th•ir charitatlg gr•nl making nor ¢kn they rerd thetrts8l$ 0$ t¢und The Injstees seek to rna grnnts from the avaaable (stsblect lo thetr Yes•Tht$ pofrry) so they are seldom ablè to mak• grants in response lo unsokctted 8ppli¢ation$. In orderto nunimis8 adWls1r81# ¢osts. thg trustees et that they are not a• to r• to •ny pmiited or cOffe¥Aythn or Thwtwial supplied in SUPFOrt of Unsolicit akatiOns.
THE KRISTINA MARTIN CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR ThIE YEAR ENDED 5 APRIL 2026 Achlevements•nd prfonnance harltablè aetivltt•s rhjrtng the ear, th& TNsts¢$ 8warded Inslllullons n Ihe UK, th8 dotsils ofvthic rants totallin are giv•n in £2H,277 15 Aprd 2024.. £247,000) to 29 (S April 2024.. 271 hè noto$ tts Iho finanrAal 81aterrRnts. Inwstrnont wlomwn¢e Th8 Trust employs Inveslmenl advl$er8, chao8 a manag•Thnt fe• lor their sèrvi8. and tho Trustse8 keep theirinvestThnt strategy underrnww. In Ihe currgntyearthey have not adopted a fomwl ethical InvestnI polry. Th& TN$tso$ last remewed thelr inv8strn8nt F>Xiry in 2023 and adoptsd an vpdated polS¢w 41 the tim¥ dated 17th Fobnjary 2023. The Trustee8 intend lo remew thi$ politry M o rngular basi8. T Trustees 411 be rwt8lng thatr ¥weslment poty durfrtg lh¢ 2025ffj finanrAal year. Th&Trusta&sar• sallsfiedwith th• l•vo1 ofrntumobtained on theassets undermanag8menl In lightof tho balan¢4d approach to Micomo and growth and the medium rfsk 1nStm&nt ftsk policy thi¢h ha$ hon adopied. Internal and •xt•rnal fcthrs Th• most significant factors that affect Ihe Tru$t arfj the 8ffg¢ts 01 th¢ prnv¥iling e¢onornic conditions on the inveslment tUrnS. The Irust8•s arn satisfi•d that lh$ discreltonary investment mandate gSven to th invwlment nna9ors And thtr mèdlurn rfsk Follcy adoptod SWI gn8bl& lh• tru$tee8 lo make furlhorgrants in the year aheafl. Flnan¢l41 rovlew Tot41 inm ftsrth¢ year ended 5 April 2025 was £243.263 (2024.. £241.1761. The nat loss on mStmant8 ftsrlh• year ended 5 April 2025 tot8118d £290,95412024'. n•1 gain of £810.3441. Total expendilure for the year ended 5 Awil 2025 amtsunted lo £320,827 {2024: £318,296). Totsl funds av8nable to th? trust•8$ 85 at SAprf 2025 amountsd to £9.416.715 (2W24." £9.785.033). Allhough il lppOInting to See a rethct¢on in th8 total value, the TNsiees tske a loThJ-tern vi8w vA)8n considerfng thg¥investrnents and hence. considerthis mowement Sn value to be In Ilne¥th prwvailing markol ¢Ondon$. In¢om9 from the invostrnonts r•malnad broadty stsbl• *•A)aft ct1mparwlth thè Fmrorytrar. Re•er¥e$ poll¢y 11 is th8 policy of th& Tfusl¢es to distribulo the annual net income from the chariV8 endovmtent each year in the fomi of grants to nol-for-prgfit organisations. At the TNStees' thscretion ¢apitsl may s0 be wthdravm lo $uppl#rNnt incom0 rfrtquired. A in¢omg fund is held to on3ure stsbility in Ihe grant making prOgmme and to enable regular p8ynwnts of grants and Involces to be made. and to ensurn all finAn¢ial ¢ommilm&nl$ ¢an bg mgt in thg unlikely &v¢nl of Iho monlhty inv$$lm¢nt in¢ome being delayed or not received. The largel level for such in1me fund Ss 12 months of nowranl •xpendKur• plus any longgr tsmi legaty binding and 4rtained finanual MnlMentS {excluding inve8trnonl managefflent fees). The actual level ofthe Income fund at 5 April 2025 vms £21,143. The trustees have assessed the major risks to vknkh the charity Is exposfrd 8nd ar• satisftèd $ystsm$ ar& in place to mittgats gxpo$uro to tho major rfsk$. The prinupal risk lo %thi¢h the charity is 8xposed. is a lasting fall in 8nnual incomè or P1181 valu? of the v¢stonI portlolio. The Tnjstees rThtigatg this risk through regular thaw of their Inveslnwnts Trth their Investment m&nag•r.
THE KRISTINA MARnN CHARrrABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Qav•rnlng do¢urnent The charfty 1$ ¢ontroU811 ty its g0mma d0rwftnl • de8d oflntsldated 8th Swrnr 1988. and txnsthutes an unirKorp)rdted ¢hority. The Trust estabfNhed ty Thomas arKI Jaquene Marlln thg death in 1965 of their onty and muc loved daughter. Krfstina Martin. The Injst r¥cived a sharehCAdM Vthlch had boloTrJed to Kristina Marllft. en Jacqueltn• and ThtsrTWS Martin diod. in 1989 a1 1995 respectivePy. thy bft their Trsiduary eslates to tha charity in Mtrnry of thetr d8uthter intention that th• incg)mè 99n91¢d ty the fund shId bg us¢d to m&ke wants forchathatkn Pj0585 as • IKllng to the of Krfslth8 M•fjn. The trustees vkn s•vAd durfng IM y•rand to th• dal• ofsvJnabJTr ofthe fmandal st•nIts were: Mr P O Tonykins Mr D A Thom9$ M8 C J Jon•$ laFp>nted 1V Febnmry 202S) MS A K Calt•ndw (8PPOUlled 1P Fe 2025) Rè¢Nlbn•n( appointmert Iru¢ll0 and trainlng ol Trust••s Ihhen Ihe need artsos, Ihe Charity seeks lo f•tsiJrt #dthionol Trust the experfeft 4ThJ knryAedge of the charlty $tOr that cornment the sklls olth• TkneS. Th• indudp)n prDcedwes induth t¥fi•fiNJ nthvTru$tS on the hmtoryand objects oftho Charity. the l$he$ of original benefactors4nddecision nwkwig msses. Ihe currnntyans of th• Charity. a pY of Charlty Corrdnls¥lon guidance CC3-Th¢ Esseniial Twsiee: vth81)w n••dto knN. thatyou needto do. the ¢urrgnt Inv•stmenl Poli Statement and rnthtiny tho TNstee& The Tnjths are enuraged to oblam) apwDpiiate WDfessional de%Pfirf Ihat faLyMate tho dovdopnwnt of Iheir role in the Chaiity. Oryanl••llonal 8trIK Th&TN$tses keep in rewlarcontactandm••t as I nogd*iisests •thllnistsrthe Ch<y. TheTruslwsus•th• s•JM¢o8 of4 Clethto onsurn ts snhxlh nJnr4no of its opwa&)ns. Th& trustse¥' Trport apwoved by th• Board ofTnth• Mr P D Tompklns TnJst8• 2025
THE KRISTINA MARTIN CHARITABLE TRUST STATEMENT OF TRUSTEES. RESPONSIBILrriES FOR THE YEAR ENDED 5APRIL 2025 The trusts•s arè r•spon¥ible for preparing the Tnjstees, Report and thg financial $latemenl8 in accordance Yth apoi¢abl¢ lawand United lQngdomAccountin9 Standards IUnit¢d KtngdomGenerally Accepted Accounung Prnctke). The law ap]rAble to Chari$ In En•)d and Wal&8 wires the trusloes to prepare flnan¢lal statThnts frr ¢a¢h financial yeorvthi¢h w a IN9 and fair view of Ihe state of affalrs of ts d)arity and of Ihtr inming resources and applicalion of resou•9 olthe thrity for that year. In PrnPArfng Ih&s• firtanal statements. the tnjstses arg required b: - select sultat• accoting poli¢te¥ and then app thern conStanty'. - observ8 th8 m•thod$ and princiF4es in the Chaiilles SORP.. - make judgements and thgl ar& r¢a$onablo and prudenl.. - state ttther appllcable aeMuntin9 $lanthrd$ have been foll0vd. subject to any mat•rfal depariures disdtssod and èxplain¢d in the ffinanrAal slatements,. and - pr•par¥ the finanrAal statements on the golng eL+nrAm basis unte88 Fi is inappropriate to prnsum• th8t th8 charfty wll ctsntinue in operation. Thg tNslofj$ ar• rn8pon$iblo for keeping suffident ac¢xwnllng record$ that dlsdo8• ith ro88onable arA[aCY al arty tlme the Ilnandal posllon of th& ¢harity and enable them to ensure that Ihe finan¢i41 statgmenls compty the Ch¥ritièsA¢t 2011, the Charity IAccounts and Rerts) Regulations 2006 and the provisions of tha trust d88d. Thay are also ra$F<n$ibl¥forsal¢gu*rding the assets of ihe charfty and hence fortsking roa$onaN¢ slepsftsrthe provontion and detection of ftaud and olherlryegularitses.
THE KRISTINA MARTIN CHARITABLE TRUST INDEPENDENT EXAMINEifs REPORT TO THE TRUSTEES OF THE KRISTINA MARTIN CHARITABLE TRUST l rnport lo lh• ¢b•rty tru$tO88 on examlnobon oftha accounts ofth• ¢hadty forth• r •nd•d S Aprll 2025 vthith are 80t out page$ B 10 14. RegpoMlbllltS0• and ba•18 of fvport As th8 ¢hartty's IN$to9$ you a re$pon81ble forthe préparlllon ofthe accounts in aCrdanCe vAth th• rnqulrnm•nl8 af th• ChArfUe8 Act 2011 Clhe Ad). I r•port In of my •xamlnAtlon ofth• ¢hartty's ac¢ounl$ caftl•d out under 88cllon 145 Olthfj Ad •nd In canylng out my •xaminatlon I hav• follmd all th• applibIt Dlr•ction8 given by th• Charlty CommSiiion under 88clton 14515llbl of the Act. lfidopondonl •xarnln•rfo 4tst•ffl•nt I h•vo completed oxamlnallon. l nflm1 that no mllerlal mattern have Cm to nry att•nllon In connocuon wilh th• •xamlnalon glvlng m• cau80 to bo1i•vo that in any material re6p8d.' attountlng r•cords warn nol kept In r•sp•ct otlh• thailty 48 rnqulrnd by 130 of Iho A¢i' or th9 4c¢ounts do not accord th thole record8; or Iho Accounts do not comply llh Ihe appJt¢obts rowlrnm•nls conMIng th• fomi and eont•nt of accounts i?1 out In th• CharfU•JJ {AontI and Report8) Ragu1811on• 2008 olh•rlhAn Arty rwulr•m•nl th1 th• a¢¢ouAti olv• I In •nd f•lr vktlth l• nol a matt•r ¢on8lder•d al part of an Indendent ¢x•mln•llon. I hiv• no eoncems and hiv• como 4cro8$ no oth•r matt•rn In I1h th• examlnallon to 1¢h attontlon lhould b• drntpm In r•port In othr to •nalkn • proper und•rnt•nolng of th• ecounts tg b• rn•¢h•d. Carnlln• W•ht•r FCA UHY Roas Brooke WThndru8h Court Ablngdon Bu4ln•is Park Abinpdon OX14 ISY Dal•: 25109125
THE KRESTINA MARTIN CHARITA TrUST STATEMENT OF FINANCIALACTIIryTIES INCLUDINO IN¢OMEAND EXPENDITUREACCOUNT Fnd 241.178 241.176 241.IY8 241,1¥8 487 4&817 1,710 270.439 270828 271.710 49917 )20m7 270.43$ 2J.44n ff7.W (2928U) 14* (75.1 1,07 27P30 Q7,0 IJ2J.Y9¥ (JW10) Q230) 7, 738224 •.n4x 9.719.1133 21.143 V.JBW2 8A18.715 9.niow &,765mJ
THE KRISTINA MARTIN CHARITABLE TRUST STATEMENT OF FINANCIAL POSITION ASA T 5 APRIL 2026 2024 2023 Nots• Flx•d In¥estm•nts 10 9,395,572 9,734,385 Culrnn¢a¥ts Doblor• 12 3,175 3,014 Ca¥h il bank Ind In h•rKI 39,304 83.731 42.479 88,745 Cr•dltor*: •mounl• f4lllng du• wlthln 13 {21.336) (18,077) Nel ojrrenl 21.143 50,888 9,416.715 9.785,033 Copltsl fund• Expendsblo gnd<Nvmont fund 9,395,572 9,734,306 Ineom• fundi Vnrg8trlct•dfunds 21,143 50,868 9.418.716 9,785,033 Th• fflnlnclal statement• vMr• •pwovod by th• TN•10 on ... ....25lQ.91. 2025. Mr DA Thomai r P D Tompkin8 TN•t••
THE KRISTINA MARTIN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEPTr& FOR THE YEAR ENDED 5 APRIL 2024 Aeeounllng ClIty1Th1oIlon Th• Krfstina Maitin ClI194e Tnjst is an unYKorrxrad chary gowm•dby trust 1.1 Ac¢ounUng ct)nwnllon The finandal slements bwi wepaied in 4c(dr the chanS Intst d8t•d 9th Seplornb•r 1986. Ihe CharibesAct2011 aNI'Aecounting¥nd Rep)Ibng lry Charities.. Statement of RecOMnd•d Practi¢8 applu• tts ¢h4rih¢S preparing their accounts in aco)rdanc 7hilh thè Fm#rKial Rgporting Standard applic)le in the UK end of IreL4rkl {FRS 102). las arrnnde(I foravxunting liOdS (Yjrrmang from 1 Janvary 2019}. The charlty 1$ • Pubk B•n•ffl Entity as thffi1d Ly FRS 102. Tho charty ha$ takon advant4e olthe in th• SORP for Char•$ •Pltying FRS 102 Update Bulletin 1 to prepare a Ststem8nt ofcash Ftyw3. The financral stat•monts departed trom the Clwllies (Ar£¥)ts arK1 R•Fwls) Regulations 2008 onty to the extent rn4uired to pYoMda a tru• fair view. This dwrbxe has foAoing th& Sl•tsnnl of R•comnnd•d Practice fvr tharilies apFxig FRS 102 rtr than th¢ rsiOn of the S18tsmenl of Recomrronded Prdcliee vthich is rnfèrred to in the Rewlalions. has Sin V•Tthdr•wi. The flnand81 tstsmonts ar8 in sknrfing. is the funcllmal cwr•n¢y of Ihe dwiity. Monetary am)unts in these financial stalerrthts Are rwTrJ8d to th& near•st £. The flnarKlal slalem8nls have been wwed undor the hisxl1 rsl eon%•ilion, nKKlifMd kn indudo lh• rpvalualion of certain finanoal instruments at fair vakn. Thtr wirK¥pal accounling p)fms aO)08d are sot out bekw. 1.2 Golng conewn At th• Ilm• of apwo¥ing the fffiartyal s¢alem8r4 tha Imsl8•s ha¥• a r•a8cnabkn expedabon th&1 the has adequat r•8ources lo continue in operational e$lenc• for the futur?. Thus thts trustoes ntinue lo adopt Ihe going rn¢M basis of a¢%¢untino Hi weparmw the finarKial stalemen Unr•gtrictod funds avallablo for ufe al th• tho truskn¢s in furtTanCe of their chaiilatjle ofth¢ thaiity. 1.4 Incomlng rn8ouree8 IrKome is recognis8d th• ¢haFity is legal enblkd > It aftw any prfomwn¢e ts)ThSrtiDns have been r th• anMint8 measured reliatty. and it is prnballe •t in11 be rec41ved. 1.5 Resouffett expded Liaknlitie$ aro recognised as expendtturn as soon as there is a 1 or conslntcOv• oNigathon ¢orrmilltng tho charity to that oxponditylE, il is Obabl8 that a transtr of K¥)noni¢ b8nefitsill be requirad in $attMartI and thè aftnt ofthe olgalOn can be mJasur•d r¢liW. EyndiWJre is account8d for on •n aual5 basis aTh8 has been dassified und4r tto4<kn9s aggregatfr all eost rnlatod to Iho catew)ry. costs Cannot r• attr11tèd tts partikn hea¢fNw. th•y have bo•n alocaW lo adi4Thtss on a 919 COMi$tent Vith the use of Tr8ources. Gr8nts 4r rnv)gnil as eypendtkn th• is 181•$ irkn. Grnnt$ ¢ONMi 10 lyjl not yet paid at Ihe yr •nd date ar? carried fomrd lIhl crt¢knr5. Grnnts offered suL¥ct lo conthtw)ns ¥thith havo not baèn mol atthe year end date are not8d as a cOmFri1 but not8ecrn•d as 9wndire.
THE KRISTINA MARTIN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 AccounlEng polkl•s lconllnu 1.6 Flxtd a88et Investment• Ftxe<l a$sal In$tnts are initialty measurnd at lrnnsaction prK• •xduding tsansactlon cosis and ar¢ subsequently mea8ured al fair valu¥ at a¢h mporthng date. Changes in f8Sr valua am rneognTrs8d in n•1 InMe1{Pendi1Ur8l forth& year. Transaction costs arg oYPgri$gd as incurred. 1.7 Cash and cash equhMl•nt8 Cash and cash equlval8nts Includ& ¢a$h in hand. deposits held at cdl thilh banks, oth•r $hort4•m liqvid Invastsxgnts Trhith original rnatuwities of th8 months or less, And bank 0rdrs. Bank ovèrthafts aro shov within borrovAngs In current Ilabilth$. IInalala$Sets Ba$1¢ financial assets, vthkh Indude d•btorn 8nd ¢a8h and bank balan¢¢$, are initlally measuf•d atlrnnsaetion i¢0 in¢ing transaction fA75ts and are sub$equ&ntly carried al amortised cost using the effectiv8 interest mothod unl&s$ thtr arraftMent ¢onstitsJtes a finanang tran$a¢tion, whtro tho tsan3action is measured at the presenl value of th¢ fvlurp recgipts discounted at 8 mArket rnte of intergst. Finanual assets dassthed as r•¢eivabl¥ Y+ithin one yearare not amortis8d. ak IlnanelallthbHItIoS Baslc flnanclal Ilabuibos, Including ¢rgrfitorB and bank loans are initsalty recognised 01 lrnn$action pfico unle$8 Ihe aThangementconstMutss a finannglAn$ac1f0fi.I1fiere the debt iftsirument is Measur alth$ prnsènl v8lu8 tsf tho fvbjre paYnts discounted at a mark•1 rats of interest. Finan&1 liatxlities 1aassrfd as payabl8 V•ithin oft& yearart ntsl amortised. Debt in$lrunwnts are subsequ8nty cath8d At anrtIs¢l co¥1, u¥ing the effeclive interestrate melhod. Trado crodilorn are obligaknons lo pay for goods or s•rwt# that been acquired kn the ijrthnary cours8 of ¢4)trations from suppliers. Amounts payabl& ar¥ d•s8ified as curTgnt liablities if payment is due wthin one year orless. If no( they arts presènted as norKurront liabÉlitl&s. Trndè crn(tilors 4rtr rpcognised in0tial at transaction Fe 8nd $ub$8quenlly measured al arrnrtlsed cost uslng Iha effectivg intarést moth0¢1. Finanrjal liat411Ies aro dgro¢4gnlsgd vth•n lh¢ ¢harity's contradual obligathons explre or arfj dscharged or canulled. Crltlcal aceountinB •sllmAtss and lu(Igernents In thg applirAtion ofthe ac¢ounling poliry¥$, tho tru$lo•8 art required lo make iudgemgnts, esltmgtss and assumpthon$ about the canying amounl of a$s&l$ and Ilabililres that are not r8athty apparent from other sources. The estinmtès 8rtd •$sociated a¥suiiptions are based on hislorical eXnon¢$ and tsthèr factors that ar• conskJ•r•d to b• rglgvanl. Aclual results may dlffer (mm th•s& •$timatos. The 6stimato5 and und&rfying a¥8unWions are revIevd on on onuoing ba813. Revis¢ons to acLountlng ostimales are reccgnised in the petiod in vl)i¢h Ih? eslifflale is revised ere the re$lon alfv¢ts only Ihal period. or in the period of tho revision and fvture Ferfods the rgwsion affects bDth cuffenl and fiJlur• period&.
THE KRISTINA MARTIN CHARrrABLE TRUST NOTES TOTHE FINANCIAL sTATNTs (COIrnNUED) FOR ThIE YEAR ENDED 5 APRIL 2025 2024 Inm lrnm inwsbThnt porffoS0 Intere81 re¢•iv4t 240,406 239.629 2,857 1.547 243263 241.176 24 InNpStrnt Manament char9 48,917 48.917 45,860 Expendllum on ¢Mrftsblo a¢ll 2024 A(knini3tration and general Wl exp•9 22.813 19.028 In*ondant EyAnTh)atN)n F•¢$ 1.050 A111(0•$ 27.433 23.436 Grant fund4vJ of a¢bvilRs nokn 6) 244277 247,000 271,710 270.438 10-
THE KRISTINA MARTIN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR ThIE YEAR ENDED 5 APRIL 2020 Gr4nts payabl• 2025 2024 Samaritans Nalional ChlldMn'$ Bur&au fchild 8•roavemanl TTusfl yn9 Mlnd$ TNSt Place2be The May Tree Ro$pit• Contre Grièf En¢ount¥r PIe¢l Campaign Agalnst LIng MIraNY Cruse Ber•av8m•nt Caro STEM4 Swvivorn of 8ere8vem8nt ty Sul¢lde Grns$roots Suicido P¥¢nOn Papyru¥ Prevention ofyoung Suld+ Rethlnk M•nt81 Illno$8 l¢rking name of Natlonal schiz0rOn1a Fll5h1pI The Compassionate Fri8nd$ Th• Lulloty TNSt Charfes waIr M¢mDiral Trusl Combat Stress Famiing Communlty Nolv•Vrt( MIND S¢oty8 Liiue So1th8rs The Llstening Pla¢0 Young People and Children First Tlm& lo Talk West Berkshire The Falkland S¢hool Chiiithble Trusl n$lon'$ W8h YANA Royal Agriculiur4l86nol•nI InsttiOn AN)¢y Ctsrrnnunity Centre Be Free Campaign Eight Bells (or Mental H•allh FACES 88dfo¥il Fund For Aetlon Through Education Gifted Womfrn Hasting$ Enwnty Adion Resp$0 Team H$ up lfjds Help Madina Homeless knnk K•nfteoy St Foundallon Life Educ4lon Was & Tham8s V811ty MedEquip4KIDS Mindfvlnoss in Schools wisite Minislrf$8 Next Stsps Mental Health Resource Centr• PAPAYA Rees Foundation St Bamab•¥ Sl Finian'8 lMary School 5.000 9.000 9.000 9,000 9.000 8.000 9,000 9.000 9.000 9.000 9,000 9.000 9.01)0 9,000 9.000 9.000 9,000 9.000 9.000 9,0 9.000 9,000 9,01)0 8,000 15.000 9.000 9,000 9.000 5.000 7,500 5,000 10,000 5,000 5.000 5.0fy) 8,500 10.000 30,000 10.000 5,000 10,000 9.000 10,000 5,000 30.oc 10.000 1.197 3,080 11
THE KRISTINA MARTIN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR ThIE YEAR ENDED 5 APRIL 2025 Grnnts Payab Iconllnu•dl s1orrreak Streel P8v Swings and Smiles Th8 Biidge Menloring Plus S¢homt The Marbn Galllar Prnj•¢t Th• Pèarf Exchangg The Recovery Foundation The Trnasurn Foundalion 10,000 5.000 5.000 s,000 10.000 5,000 5,000 10.000 244,27T 247.000 Grants are recognised as exp8ndHur¢ an¢J included in the Ilst abo wtten tho ¢omnutrnI Is entered Snto. Grants ¢omrnutied lo but not yot paid al the y•arend date are carrled foThvard within ¢rodilors (rle 13). Tnotoes None of the INstoes (or any pernon8 ¢onne(aed ¥th them) r•c8lv8d ary r•munerntion during Ihis or the prQu8 y&•r. One trustee r8imbursad £12 for oxpen8?3 incurred on behaw of tho ¢harity12024: £315). Employe•• Thg average rmnthty numb8r of empYoyeo8 during the yearwas.. 2025 2024 Numbar Number T¢)tal There tre no efflpl0ye vknos8 Annual r•mun•ratiDn WBS rnore than £eo.000. Nel galMllloss•s) on InltM•nts 2025 2024 R•valu#tion of intInents {380.999) 785.148 G#inlllos$l ¢)n sale of investrnenls 70,045 45,198 1290.954) 810,344 12-
THE KRISTINA MARTIN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 10 Flxed asset Inv•stmont• Usted Cash b) porWolEo Totsl Valuatlon At6 Awil 2024 9,$90,157 44,20B 9,734,365 Additions 1.562.535 1.562.535 Changes in value 1290.954) (290,954> 11.607.342) Oisptssals 11,W7,342) C8$h mowm¢nts (3,032} (3,032) At 5 Aprll 2025 9,354,396 41.176 9.395.572 Carrylng amount At S 2025 9,354.396 41.176 9,395.672 At 5 2024 9.890.157 44208 9,734,365 11 Flnanclal1o8lNmenl• 2025 2024 Carrying *mount of flnanclal ass•ts Instrum?nis measured at fairvaluo Ihrough profft orloss 9,354.3£ 9,690.157 12 D•btorn 2024 Prwyrnen18 3.175 3,014 3,175 3.014 13-
THE KRISTINA MARTIN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 13 Crndltor4: amounts falllng dut withln on? year 2025 2024 Grants payablg 15,000 10,000 A¢¢ruals and deteffed Int>)me 6,336 8.077 21.338 16.077 14 R•lat•d party tran8actlons Expenses of£12 re r8lmbutsed to A J V Parry, a tsusteg12024.' £315). 15 Op•r•lOng I•AS• commilmonts Tha totAI offvturn minimum10a$e payments under non-¢ancellable operathng I$$ at the end of Ihe reporting perfOd$. 2025 2024 Not later than on• ar 2,400 2,400 16 Analy$l$ of n•tatysets beten funds Funds Funds 2025 TotAI Fund$ Funds 2024 Total 2024 Fund balan a pr•seifftd by: Flxad 8SS•t 9.395.572 9.395,572 9,734.365 9,734,365 N•t curnnt8880ts 21,143 21,143 50.888 50.668 21.143 9,395,572 9.416.715 50,868 ,734.385 9.785.033 14-