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 Ind*pndent examlner UHY Ross Brooke Suit• I ndrn￿h Court Abingdon BU￿n￿$S Park Abingdon OX14 1SY 8#nkorn CAF Bank Ltd 25 Kth9s Hlll Avenue Kings HID Kant ME194JQ Investment advlsorn R8C Brewin Dolphin 12 Smithfield Strg&t London EC1A880 THE KRISTINA MARTIN CHARITABLE TRUST CONTENTS Trust•88' ststement of tnJsts•$' ro$ponsll>ilibg8 lndopond8ntoxarinefs Sthloment of fi￿n¢la1 adivth•s Stslsmoftt of fina￿tal PQBiIiDn Not￿ to tho tlnandal staloThnts 8-14 THE KRISTINA MARTIN CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2025 Tho tmst8•s w•s•nt Ih•ir worl and finanaal Slaten￿forthO year•r#Jod W25. The financ&g1 statèmènts h4Np be￿ wryared kn accordarrn *rylh ltrh• ac¥xwrtiig polpi&$ 8e¢ in nole 1 lo the financial 9tateff￿nts 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¢￿U￿ts 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. Objec￿4••and aclvltlB8 Ouring the yearthe tnJst•es hav• acknd ac¢tsthce vAth th& th•l￿S 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 fr*r $uch ¢haritat4e Pa￿ as the TNs*es st￿1 from tim8 to lim• in their absolut0 (lis¢xelion detemrrine. . the trustees shall ha￿ Frfy•Mfrom to l•n• in Iher a￿￿Ule diK¥pl1¢￿ rfthey shal so thlnk fft to pgy or app￿ any part or p•ts or th• ofthe captsl ofthe Trusl Fund to ony foundation or for any Charital￿e puryjose. The trustees have paid Oje r•gard is$￿1 ty the Chwity CorThrMsskn In deckllng acNvTrll•s charity Should urthrtak•. Signft¢ant 4¢llvS1*1 The c*arity ￿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¢tiW1yfth*a￿ and seeks*) conlwiuo lh• ctharil*>l8knTh*d•sirnd tyth8 th￿Ugh cargful 8tthYardshlp ol its rnsoms. PubX¢ ljenefft The TN$lo6$ have refeThed to the Charity Corrisslon's gen￿1 guida1￿ on benefft when ￿¥18￿7￿9 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 very￿nt Grnnt mikirtg The ¢hariWs grnnlmBking pol*¢￿orry￿theffUTh br••th fortho b•n•frt Of1￿ public and rMnkAI Althc*ugh Ihé Inwtsa$ rntsml di8¢r•tion to benefft the fjjl of d￿ritable obj'ects. on• of th• fws•s ofth• thaiity during theyearhas t*gn to b9ngfft causesvthth p)wro￿mtsnt of nMt•l h￿1th and rn•nial hoamh 4wareness. SUil¥fle preVen￿n and bewv&m¢nL the lastlln8nLlal year, th Trn$t￿ rnNi•*d thww4ntfftking priix*ieg *> at*knss c4us8s id8nthd as hAwng a dlred impact on lh• ¢or& •fva$ dox¥ibed above. As a resul southt kn in￿￿• 9rnnt•￿1*alIOn$ that ¢0￿rnd 8Feafic granl th8mes as follovA" 2. Reduction In th• •ff8¢ts of social rr¢tha on montal heath. 3. RedUCt￿n of soiaal isolation. 4. Improving menlal heamh tyjtcOn￿ forththn arKI Trung peoFIo. Th• InJ¥tees cons*ler pos8a>le tharltabkn puposes and olherthan having rnprd to Ith• c￿lity Commlsthn's guidow on PutsY¢ Btrnefft the Injslees are nol r•strirthd in th•ir charitatlg gr•nl making nor ¢kn they re￿rd 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$. In orderto nunimis8 adW￿ls1r81￿# ¢osts. thg trustees et that they are not a￿• to r•* to •ny pmiited or cOffe¥Aythn￿ or Thwtwial supplied in SUPFOrt of Unsolicit￿ a￿katiOns. THE KRISTINA MARTIN CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR ThIE YEAR ENDED 5 APRIL 2026 Achlevements•nd prfonnance harltablè aetivltt•s rhjrtng the ear, th& TNsts¢$ 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$er8, chao8 a manag•Thnt fe• lor their sèrvi￿8. and tho Trustse8 keep theirinvestThnt strategy underrnww. In Ihe currgntyearthey have not adopted a fomwl ethical Invest￿nI polry. Th& TN$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 rwt8*lng 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 1n￿Stm&nt ftsk policy *thi¢h ha$ hon adopied. Internal and •xt•rnal f*cthrs 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 n*na9ors And thtr mèdlurn rfsk Follcy adoptod SWI gn8bl& lh• tru$tee8 lo make furlhorgrants in the year aheafl. Flnan¢l41 rovlew Tot41 inm ftsrth¢ year ended 5 April 2025 was £243.263 (2024.. £241.1761. The nat loss on m￿Stmant8 ftsrlh• year ended 5 April 2025 tot8118d £290,95412024'. n•1 gain of £810.3441. Total expendilure for the year ended 5 Awil 2025 amtsunted lo £320,827 {2024: £318,296). Totsl funds av8nable to th? trust•8$ 85 at SAprf 2025 amountsd to £9.416.715 (2W24." £9.785.033). Allhough il ￿l￿ppOInting 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 ¢Ond￿on$. In¢om9 from the invostrnonts r•malnad broadty stsbl• *•A)aft ct1mpar￿wlth thè Fmrorytrar. Re•er¥e$ 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 $uppl#rNnt incom0 rfrtquired. A in¢omg fund is held to on3ure stsbility in Ihe grant making prOg￿mme and to enable regular p8ynwnts of grants and Involces to be made. and to ensurn all finAn¢ial ¢ommilm&nl$ ¢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 in1￿me fund Ss 12 months of nowranl •xpendKur• plus any longgr tsmi legaty binding and 4￿rtained finanual ￿Mn￿lMentS {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¢st￿onI portlolio. The Tnjstees rThtigatg this risk through regular thaw of their Inveslnwnts Tr￿th 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 g0￿mm￿a d0rwft￿nl • de8d oflntsldated 8th Swrn￿r 1988. and txnsthutes an unirKorp)rdted ¢hority. The Trust estabfNhed ty Thomas arKI Jaque￿ne Marlln thg death in 1965 of their onty and muc* loved daughter. Krfstina Martin. The Injst r¥c*ived a sharehCAdM￿ V*thlch had boloTrJed to Kristina Marllft. en Jacqueltn• and ThtsrTWS Martin diod. in 1989 a￿1 1995 respectivePy. th*y bft their Trsiduary eslates to tha charity in Mtrn￿ry of thetr d8uthter intention that th• incg)mè 99n9￿1¢d ty the fund sh￿Id bg us¢d to m&ke wants forchathatkn Pj￿0585 as • IKllng to the of Krfslth8 M•fjn. The trustees vkn s•vAd durfng IM y•*rand ￿ to th• dal• ofsvJnabJTr ofthe fmandal s*t•n￿Its 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 Ir￿u¢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 $￿tOr that corn*ment the sklls olth• T￿￿kneS. Th• indudp)n prDcedwes induth t¥fi•fiNJ nthvTru$t￿S 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 en￿uraged to oblam) apwDpiiate WDfessional de%￿Pfi￿rf 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 $latemenl8 in accordance Y￿th apoi¢abl¢ lawand United lQngdomAccountin9 Standards IUnit¢d KtngdomGenerally Accepted Accounung Prnctke). The law ap￿]rAble to Chari￿￿$ In En￿•)d and Wal&8 wires the trusloes to prepare flnan¢lal statThnts fr*r ¢a¢h financial yeorvthi¢h w a IN9 and fair view of Ihe state of affalrs of ts d)arity and of Ihtr in￿ming resources and applicalion of resou￿•9 olthe th*rity for that year. In PrnPArfng Ih&s• firtan￿al statements. the tnjstses arg required b: - select sultat￿• acco￿ting poli¢te¥ and then app￿ thern con￿Stanty'. - observ8 th8 m•thod$ and princiF4es in the Chaiilles SORP.. - make judgements and thgl ar& r¢a$onablo and prudenl.. - state ￿tt￿ther appllcable aeMuntin9 $lanthrd$ have been foll0v￿d. 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 Re￿rts) 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$pon81ble forthe préparlllon ofthe accounts in aC￿rdanCe vAth th• rnqulrnm•nl8 af th• ChArfUe8 Act 2011 Clhe Ad). I r•port In of my •xamlnAtlon ofth• ¢hartty's ac¢ounl$ caftl•d out under 88cllon 145 Olthfj Ad •nd In canylng out my •xaminatlon I hav• follmd all th• appli￿bIt 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 con￿MIng th• fomi and eont•nt of accounts i?1 out In th• CharfU•JJ {A￿o￿ntI and Report8) Ragu1811on• 2008 olh•rlhAn Arty rwulr•m•nl th*1 th• a¢¢ouAti olv• I In •nd f•lr vktlth l• nol a matt•r ¢on8lder•d al part of an Inde￿ndent ¢x•mln•llon. I hiv• no eoncems and hiv• como 4cro8$ no oth•r matt•rn In I￿1h 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 F￿nd 241.178 241.176 241.IY8 241,1¥8 48￿7 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 It aftw any prfomwn¢e ts)ThSrtiDns have been r th• anMint8 measured reliatty. and it is prnballe •*t in￿11* be rec41ved. 1.5 Resouffett exp￿ded 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¢ b8nefits*ill be requirad in $att￿MartI and thè aft￿￿nt ofthe o￿lgalOn can be mJasur•d r¢li*W. EyndiWJre is account8d for on •n a￿ual5 basis aTh8 has been dassified und4r tto4 11.607.342) Oisptssals 11,W7,342) C8$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 bet￿en 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-