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||Page|
|---|---|
|Trustees' report|1 -3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7-12|





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|||Restricted|Restricted|
|---|---|---|---|
|||funds|funds|
|||2025|2024|
||Notes|£|£|
|Income from:||||
|Charitable activities|3|1,000|1,000|
|Investments|4|47,659|51,617|
|Total income||48,659|52,617|
|Expenditure on:||||
|Charitable activities|5|72,050|47,001|
|Total expenditure||72,050|47,001|
|Net gains on investments|9|211,115|70,974|
|Net income and movement in funds||187,724|76,590|
|Reconciliation of funds:||||
|Fund balances at 1 January 2025||2,280,797|2,204,207|
|Fund balances at 31 December 2025||2,468,521|2,280,797|





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|||2025|2025|2024|2024|
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|Fixed assets||||||
|Tangible assets|11||70,000||70,000|
|Investments|12||2,336,817||2,125,702|
||||2,406,817||2,195,702|
|Current assets||||||
|Cash at bank and in hand||61,704||85,095||
|Net current assets|||61,704||85,095|
|Total assets less current liabilities|||2,468,521||2,280,797|
|The funds of the charity||||||
|Restricted Income funds|13||2,468,521||2,280,797|
||||2,468,521||2,280,797|






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||Restricted|Restricted|
|---|---|---|
||funds|funds|
||2025|2024|
||£|£|
|Charitable rental income|1,000|1,000|



||Restricted|Restricted|
|---|---|---|
||funds|funds|
||2025|2024|
||£|£|
|Investment income|46,824|50,633|
|Interest receivable|835|984|
||47,659|51,617|





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|||Restricted Restricted|
|---|---|---|
|||funds funds|
|||2025 2024|
|||£ £|
||Direct costs||
||Relief in Need|18,911<br>9,483|
||Education|51,111<br>35,477|
||Admin costs|2,028<br>2,041|
|||72,050<br>47,001|
||Analysis by fund||
||Restricted funds|72,050 47,001|
|6|Net movement in funds|2025<br>2024|
|||£<br>£|
||The net movement in funds is stated after charging/(crediting):||
||Fees payable for the independent examination of the charity's financial||
||statements 100 100||



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|9|Gains and losses on investments|||
|---|---|---|---|
|||Restricted|Restricted|
|||funds|funds|
|||2025|2024|
||Gains/(losses) arising on:|£|£|
||Revaluation of investments|211,115|70,974|





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|angible fixed assets||
|---|---|
||Freehold land|
||and buildings|
||£|
|Valuation||
|At 1 January 2025|70,000|
|At 31 December 2025|70,000|
|Carrying amount||
|At 31 December 2025|70,000|
|At 31 December 2024|70,000|
|ixed asset investments||
||Rathbones|
||investment|
||portfolio|
||£|
|Cost or valuation||
|At 1 January 2025|2,125,702|
|Valuation changes|211,115|
|At 31 December 2025|2,336,817|
|Carrying amount||
|At 31 December 2025|2,336,817|
|At 31 December 2024|2,125,702|



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|At|1 January Incoming Resources Gains and At 31|
|---|---|
||2025 resources expended losses December<br>2025|
||£ £ £ ££|
||2,280,797<br>48,659<br>(72,050)<br>211,115 2,468,521|





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|Previous year:|At|1 January|Incoming|Resources|Gains and|At 31|
|---|---|---|---|---|---|---|
|||2024|resources|expended|losses|December|
|||||||2024|
|||£|£|£|£|£|
|||2,204,207|52,617|(47,001)|70,974|2,280,797|



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||Restricted|
|---|---|
||funds|
||2025|
||£|
|At 31 December 2025:||
|Tangible assets|70,000|
|Investments|2,336,817|
|Current assets/(h'abilities)|61,704|
||2,468,521|
||Restricted|
||funds|
||2024|
||£|
|At 31 December 2024:||
|Tangible assets|70,000|
|Investments|2,125,702|
|Current assets/(liabilities)|85,095|
||2,280,797|



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