The Unknown Donors, Charities
Report and Financial Statements
For the year-ended 28 February 2025
Registered Charity no." 254840

The Unknown Donors, Charities
Year-ended 28 February 2025
Contents
Page
Legal and administrative information
Report of the Trustees
Report of the Independent Examiner
Statement of Financial Activities
Balance Sheet
Notes forming part of the financial statements
9-11

The Unknown Donors, Charities
Year*nded 28 February 2025
Legal and administrative information
Registered Charity name: The Unknown Donors, Charities
Registered Charity number: 254840
Trustees:
Rowena Atkinson
Julia Fane De Salis (resigned on 7 October 2024)
Dr Carole Hill (Chair)
Rev Alaric Lewis
Peter Scott (until 7 October 20241
David Walker
Principal office=
23 Carnoustie
NO￿lCh
NR4 6AY
Independent Examinors".
Sexty & Co
124 Thorpe Road
Norwich
NR1 1RS
Solicitors:
Cozens-Hardy LLP
Castle Chambers
Opie Street
Norwich
NR13DP

The Unknown Donors. Charities
Year*nded 28 February 2025
Report of the Trustees
The Trustees have pleasure in presenting their Report and the financial statements of
the Charity for the year-ended 28 February 2025.
Objectives and activities
The Scheme of the Charity dated 9 October 1959 states that 'the income of the Charity
be applied for the benefil of..
i. the Vicar of the Ecclesiastical Parish of St Giles with St Benedict
2. the maintenance and upkeep of the Parish Church of St Giles in the City of
NO￿lCh and the upkeep of the churchyard thereof
3. the poor of the City and County Borough of Norwich. (For details see clauses 26-
29 inclusive of the Scheme of the 9 October 1959 as amended by the Scheme of
the 19 October 1961.),
This is the purpose of the Charity.
The income referred to is principally derived from rent, net of costs, received from the
leasing of shops, residential flats and an office provided in the Charity's endowed
freehold property at 90-94 St Benedicts Street, Notwich. Another minor amount of
income arises from the small endowment which is in now the form of 517 units of COIF
Investment Funds (presumed to be the successor to the £1,420 11 s 4d 3.5 % War
Stock, cited in the Schedule to the Scheme).
The Trustees, principal activity is, therefore, to manage 90-94 St Benedicts Street,
Norwich in the best interests of the Charity and its beneficiaries. This involves
ensuring that..
the property is kept in good repair
the terms of the leases are legal and fair and in the best interests of the Charity
the leases are managed effectively and efficienlly.
The Trustees consider that the Charity has a very long-term time horizon but will not
necessarily exist in perpetuity- This implies that the real value of the endowed assets
should, as far as possible, be maintained over time.
Over lime, the mechanisms have changed by which the Charity's net income is
distributed in thirds to the three beneficiaries set out above. The third which supports
the Vicar is now paid to the Board of Finan￿ of the Norwich Diocese,. the third relating
to Church of St Giles-on-the-Hill is paid to the Parochial Church Council., and the third
for the benefit of the poor is paid to Norwich Consolidated Charities, the area of benefit
of which is the City of Norwich. This Charity makes grants to people 'in financial
need,, providing, essential items for the home, such as cookers, beds and washing
machines, among other grants.
The Trustees have regard to the guidance issued by the Charity Commission on public
benefit. The Trustees are satisfied that the three beneficiaries all use their shares of
income from the Charity in accordance with their own charitable purposes.

The Unknown Donors, Charities
Year-endad 28 February 2025
Report of the Trustees - continued
Achievements and performance
Throughout the year, all the properties were let with the exception of the office to the
rear of the premises, Towards the end of the year a new tenant took up the lease to
this unit. It had been relinquished by the previous tenant whose change in trading
arrangements made the continuation of the lease redundant. At the year-end, the
tenant was still progressively paying off the outstanding rent. In total, rent of £8,747
was outstanding although this had reduced to approximately £2,700 by the end of the
first quarter of 2025126. Otherwise, in a difficult economic environment, most rents
were received on time.
The principal areas of expenditure were the cost of repairs and mainlenance and
the management fees payable to the property's managing agent, (Note 3). Repair
costs increased to £14,536 (2024.. £5,859) about half of which was for a roof repair.
Management fees increased to £11,568 (2024.. £8,872) due entirely to the cost of
finding and inducting the new tenant for the office unit.
In 2023124, no payments had been made to the three beneficiaries specified in the
Scheme, for the reasons set out in last year's Report. In 2024125, however, payments
were made to them in equal shares, totalling £67,500, (Note 4). In addition, cash at
the bank at the year-end was £50,129, (Balanced Sheet).
Financial review
At the year-end, current assets had reduced to £51,940, (2024: £77.869). Current
liabililies increased to £3,390, (2024.. £3,220).
The Balan￿ Sheet shows Restricted Funds reduced to £45,975 (2024.. £72,361).
Total reserves consequently reduced are shown below:
At the year-end the reserves were as follows 2025
2024
Total funds
559,169
585,127
Future plans and going concem
Trustees plan to continue to manage the premises at 90-94 St Benedicts Street with a
full complement of tenants. There are two principal risks to the financial position of the
Charity- inflation and Maintenan￿ costs. Recent levels of inflation impact adversely
on personal disposable income and are likely to lead to limited economic growth.
Trustees will monitor the position carefully and take any appropriate action.
Trustees have agreed to embark on a study to identify their preferred long-term
investment stralegy. The initial step of commissioning measured drawings of the
building, the first ever produced. No further progress was made with the overall
objective in the last year. However, Trustees have given initial consideration, with

The Unknown Donors, Charities
Yearonded 28 February 2025
Report of the Trustees - continued
informal professional advice, to the possible options for a future configuration of the
premises as a precursor to preparing a brief for the appointment of an architect.
In the Trustees, opinion, the Charity is in a strong position to remain a going concern,
(see Note te).
Structurey governance and management
The Charity is an unincorporated body registered with the Charity Commission, with the
registration number 254840.
The Scheme of the Charity provides for a complement of eight Trustees:
one ex officio Trustee.. the Vicar of St Giles-on-the-Hill
two Nominative Trustees serving 4-year terms: one nominated by the PCC of St
Giles-on-the-Hill and one by the Trustees of Nomich Consolidated Charities
five Co-optative Trustees, serving 5-year tems
The Chair and Secretary induct new Trustees.
The policy of the Trustees to use an Accountant in practice to act as Independent
Examiner of the accounts continues to prove successful.
Reference and administrative details
The reference and administrative details of the Charity, including the list ofTrustees, are
shown on page 1.
Trustees, responsibilities
The Trustees are responsible for preparing the Trustees, Annual Report and the
financial statements in accordance with applicable law and United Kingdom
Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare
financial statements for each financial year which give a true and fair view of the state
of affairs of the charity and of the incoming resources and application of resources of
the Charity for that period. In preparing these financial statements, the Trustees are
required to..
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP 2015 (FRS 102);
make judgements and estimates that are reasonable and prudent-
state whether applicable accounting standards have been followed, subject to
any material departures disclosed and explained in the financial statements-
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charity will continue in operation.

The Unknown Donors, Charities
Year-ended 28 February 2025
Report of the Trustees- continued
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable them
to ensure that the financial statements comply with the Charities Act 2011 and the
Charities (Accounts and Reports) Regulations 2008. They are also responsible for
safeguarding the assets of the Charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
This report and the financial statements were approved by the Trustees on
20 November 2025 and were signed on their behalf by
Dr Carole Hill, Chairman of Trustees

The Unknown Donors, Charities
Year-ended 28 February 2025
Independent Examiner's Report lo the Trustees
I report to the Charity Trustees on my examination of the accounts of the Charity for
the year-ended 28 February 2025 which are set out on pages 7 to 11.
Responsibilities and basis of report
As the Charity's Trustees, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Charity's accounts carried out under
section 145 of the Act and in carrying out my examination I have followed all the
applicable Directions given by the Charity Commission under section 145(5)(b) of the
Act.
Independent examinerfs statemenl
I have completed my examination. I confim that no material mallers have come to my
attention in connection with the examination giving me cause to believe that in any
material respecl=
accounting records were not kept in respect of the Charity as required by section
130 of the Act; or
2. the accounts do not accord wilh those records. or
3. the accounts do not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities (Accounts and Reports)
Regulations 2008 other than any requirement that the accounts give a 'true and
fair view, which is not a matter considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a
proper understanding of the accounts to be reached.
l A Barfow FCCA
Sexty & Co
Chartered Certified Accountants
and Registered Auditors
124 Thorpe Road
Norwich
NR1 1RS
Date: 20 November 2025

The Unknown Donors, Charitias
Year-ended 28 February 2025
Statement of Financial Activities
Unrestricted Restrictèd Endowment
Funds
Funds
Funds
Total
2025
Total
2024
Note
Incoming
resources
Inveslments
287
70,554
141
70,932
68,351
Totsl incoming
resources
287
70,554
141
70,982
68,351
Resources
expended
Raising funds
Other
28,128
68,812
28,128
68,812
17,208
1,301
Total resources
expended
96,940
96,940
Net movement In
funds
287
(26,386)
141 (25,958)
49,842
Fund balances
brought forward
2,28B
72,361
510,478 585,127 535,285
Fund balances
carried forward
2,575
45.975
510,619 559,169 585,127

The Unknown Donors, Charities
Year*nded 28 February 2025
Balance Sheet
Unrestrlctod Restrlcted Endowment Total
Funds
Funds
Funds
2025
Total
2024
Note
Fixed assets
Investments
510,619 510,619 510,478
Total fixed assets
510,619 $10,619 510,478
Current assets
Cash at bank and in
hand
Debtors
50,129
50,129
68,533
1,811
1,811
9,336
Total current assets
51,940
51,940
77,869
Current liabilities
Creditors.. amounts
falling due within one
year
Current assets less
current liabilities
3,390
3,390
3,220
48,550
48,550
74,649
Total net assets or
liabilities
510619 5S9 169 585 127
Funds of the charity
Endowment funds
Restricted incomè
funds
Unrestricted funds
510,619 510,478
45,975
72,361
2,575
2,288
Total funds
559,169 585,127
The financial statements on pages 7 to 11 were approved by the Trustees on
20 November 2025 and signed on their behalf by:
David J Walker- Trustee

The Unknown Donors, Charities
Year-ended 28 February 2025
Notes forming part of the financial ststements
1 Accounting policies
(a) Basis of preparation
The Charity constitutes a public benefit entity as defined by FRS 102. These
accounts have been prepared under the historical cost convention with items
recognised at cost or transaction value unless otherwise stated in the relevant
notes to these accounts. The financial statements have been prepared in
accordance with 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 issued in October 2019, the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland (FRS 102), the
Charities Act 2011 and UK Generally Accepted Accounting Practice.
(b) Fund accounting
General funds are unrestricted funds which are available for use at the discretion
of the Trustees in furtherance of the general objectives of the Charity and which
have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the
Trustees for particular purposes.
Restricted funds are funds which are to be used in accordance with specific
restrictions imposed by donors or which have been raised by the Charity for
particular purposes. The costs of raising and administering such funds are
charged against the specific fund.
(c) Incoming resources
All incoming resources are included in the statement of financial activities on an
accruals basis.
(d) Resources expended
All expenditure is accounted for on an accruals basis and has been classified
under headings that aggregate all costs related to the category. Where costs
cannot be directly attributed to particular headings they have been allocated to
activities on a basis consistent with use of the resources.
(e) Going concem
The financial statements have been prepared on a going contsrn basis as the
Trustees believe that no material uncertainties exist. The Trustees have
considered the level of funds held and the expected level of income and
expenditure for 12 months from authorising these financial statements. The
budgeted income and expenditure is sufficient with the level of reserves for the
Charity to be able to continue as a going concem.

The Unknown Donors, Charities
Yearénded 28 February 2025
Notes forming part of thé financlal statements
2 Income from investments
2025
2024
Dividends from 517 COIF investment units
Rent from 90- 94 St Benedicts Street
Listed investments
287
70,554
141
282
67,199
870
68,351
3 Expenditure on raising funds
2025
2024
Legal fees
Brown & Co management fees
Building & rent insurance premium
Energy
Water
Council Tax on voids
Repairs to properties
960
8,872
1,080
11,568
1,384
405
235
14,536
1,143
{706)
5,859
28,128
17,208
Other expenditure
2025
2024
Independent examination fee
Donations to beneficiaries
1,312
67,500
1,301
1,301
Trustees. remuneration
The Trustees have neither received nor waived any emoluments or expenses
during the current or previous year.
Current asset investments
2025
2024
Listed investments
Investment properties
10,619
10,478
500,000 500,000
510,619 510 478
10

The Unknown Donors, Charltles
Year-ended 28 February 2025
Notes formlng part of the flnancial statements
7 Debtors and prepayments
2025
2024
Debtors
Prepayments and accrued income
1,682
129
9,213
123
Creditors and accruals
2025
2024
Creditors - falling due within one year
Accruals and deferred income
3,390
3,220
3,390
3,220
Restricted funds purpose
The purpose of the restricted funds is for the management and maintenance of
the rental flats, shops and office which the Charity owns and for the payment of
the three beneficiaries specified in the Scheme of the Charity.
10 Related party transactions and donated facilities
Such costs have not been included in the financial statements as their value cannot
be quantified.
11 Ultimate controlling party
The Charity is controlled by the Board of Trustees.
11