WHrrEGATES CHILDREN'S TRUST TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THEYEAR ENDED 5TH APRIL 2025 REGISTERED CHATy NO. 258653
TES REN'S T Pa Charity Information Trustees, Report Independent Exarninerfs Report ststement of Financia1 ActiviEies Baknce Sheet Notes to the Financial Statements The lollowng page does not lofm part ol the statutory Financial Ststements Operating Account
TRUSTEES.. B J fighe D A Wootten C SWri9ht CHARrrY NO.. 258653 CORRESPONDENT AODRESS.. 8 Robert5 Lane South LittletDn Evesham WR118TN INDEPENDENT EXAMINERS.. RJ Bère5furd Chart&s LovÈll & Co CharterÈd Certitied Accountsnts Registered Auditors 8 chUh Green Easi Redditch Worcesler5hire B98 8BP 8ANKERS.. Barclays Bank plc IS CDlmore Row Birmingham B3 2EP Pige I
The trust£es present their report and finanaal ststements for the year ended 5th April 2025. TRUSTEES The tru$e$ named in the Charity Information Report have 5eNed throughoutthè yèarèKcept whe specified. Appointment oftrustees is 90Med bythèTrust Deed of the charity and bythe Scheme approved bythÈ Charity Cornmi5sioners for England and Wales dated 3rd May 2002. The Board ¢f Tru5tee5 auth0ri5ed to appoint rew trustees to f111 vtKawes arising through resignation ordeath of an existing trustee. CONSTITUTION The Whitegate5 Children'5 T51 is constituted bythe Trust DÈed dated 27th February 1%9 and now goverr*d by rhe schprne dated 3rd May 2002. OBJEcfs AND POLICIÉS The objects of the charity 6re". 111 the relief of young peon% including former beneficiarie5 of Tutnall Children's Home, who through puvprty. deprivation or abuse. are in conditions of need hardship or distres& 121 promote ihe education of such yDung per50n5 In such ways as the trustees shall think fit. DELIVERIMG PUBLIC DENEF The trustees have complied WFth the duty in section 4 of the 2011 Charthes Act to have due regard to guidance wblished by the Chadty Commlsslon. Intluding public benefit guidance. The tharity pr¢vide5 gFdnt5 iocharitie5 involved with children. The trustees corsider that these grants providè a public benefit. EM DEVELOPMENT, A1VITIEs AND ACHIEVEMENTS The investrneni income received from invesiments and from fund5 placed on dep051t was Used to make grant5 to a number of charities involved with children. Further grants wll be made in the Current year. FINANCIA vi INVESTMENT POWERS & POLICI The Tnjst Deed auth0ri5e5 the trustees to fflake and hold investrnent5 authorised ty law for irwestment of Trust fund5 Wlth power to vary such investmenis from iimt 10 lime. The Tnsstees in consultation with the charity'5 iwestment advisor5 have a policy of spieading Investrnen15 acr055 a broad sector of the ecollomy to reduce risk and oaIn medium ierm gr0h and tnairitainaNe incDme. Page 2
EAR ENDED THAP RESERVES POLICY The Tru5tee5 have rewewed the reserves of the charity and these consist of the accumulated funds carried fOard at 31st March 20D3 foltowin9 the closure of Tutnall Children's Home (Whitegatesl together with the sale proceeds of the propprty and it5 content5. Capiial gains c47 invesrments re added to selveS as and when they arise. The re5eFves are held to produce income io be used iri the furtherance of the charity's oiy'ects. FINANCIAL REVIEW Total incorne amouDt5 to E6a773 IE56.111'. 20241. After dedutting net management and admini5tratlDn expefises of £1,578 and 9rants of £28.5001£1.511 and £36.250." 20241 a SUruS of 132,815 (surplus of £18,350.. 20241 was added to the fvnds carried fowward. RISK MANAGEMENT The TrustÈes have rpviewed the rrwjor risks that tharity faces and confim) that systems have been established to minimise these risk STATEMENT OF TRUSTEES, RESPON51BILttlES The tNstees are required underthe Chariiies Acr 2011 to prepare financ[61 statèment5 for each finarriol yearwhich give a true and fairview of the chèriws financial activit during the year and of its liTrancial pusftion at the end of the year (unless the charity is entitled to prEpare account5 on the altemative recelpts and payments basis). In preparing financial statements giving a true and fairview, the tru5rees should follow best praciice and.. (al selert sultable accounting policies and apptythem conysrenrfy. Ibl make Judgement5 and estimates that are reasonable and prudenr Icl siaie wh&iher applicable accounting standard5 and statements of recommended pracNce hove been followed. subject 10 any dÈparture5 disc105ed and explained in the financial statement% Idl prepare the finarKial statement5 on a going concem basis unless it is inappropriato to presume that the chanty wll continuè in operation. The trusteés are responsible for keeping accounting record5 which disclose with reasonable accuracy the fiDancial position of the charity and which Enable them ro ensure thai rhe financial Sments comp th applicable law and regulation5. They are a150 responsible for 5afeguardin9 the assets of the charity and hence foriaking reasonable step5 forthe prevention and detection of fraud and other irregularitie APPROVAL The rerKrt was approved by the trustÈEs on 26d) January 2026 and Signed on their behalf. D A WDutten Trustee Page 3
l ieport on the accounts of the Charity forthe year ended 5th April 2025. which are set OLrt oh pages S to & RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The charty's iru#ees are respty)siblE forthe preparation of the accounts The charity's trustee5 considèr th3t an audrt is not required forthls year undersertion 744 of the Charities Art 2011 (the 2011 Actl and that an Indeperident examination is required. It is my re5pon5ibility to examine ihe accwnts under sertion 145 of th& 2011 A¢ to follow the procedures laid down in ihe Gerral Direciions 9iven by the Charity Commission under section 14515llbl of the 2011 Aa and io srate wheiher particular matters have tomé to my attention. BA515 OF INDEPENDENT EXAMINER'S REPORT My examirTration was carried OLrt in accordance wth the General Directions gen by the Charity Commission. kn examination includes a remew of the accounting records kÈpt bythe Charity and a comparison of the accounts pr&senred with those records. It also include5 cOnderatIon of any unusual items or disd05ures in the accounts. and the seeknng of explanations from you B5 trustees concerning any such matteN The procedures undertaken do not provide all the idenCe Ihat would be rèquired in an audit and, Consequently. no opinion is given as to whether Ihe accounts present a'ttue and fairMew' and the report is limited to those rnatters set out in the stement below. INDEPENOENT EXAMINER'S STATEMENT In connertion with my examinatton, no rnatter ha5 come to my attention.. 1. Which gives me reasonable cause to believ2 that in any material respect the qUirementS to keep accounting records in attordancè with 5.130 of theCharitie5 Art 2011." and to prepare accounts M'hKh accord wth the accounbng rordS and to cornply with the accouniing requirements of the 2011 Att have not be&n mrt or 2. To which, in rny opinion. allention should be dravln In order to enable a proper understsnding cf the account5 to reaclEd. R J Ber&sford Charles Lovell & Co A550ciazion of Chartered Certilied Accountènts Chartered Certified A£ceuntants Regisrered Auditor5 8 Church Green Easi Redditch Worcestershire B98 8BP Date.. 26th january 2026 Page 4
Note Unrestricted Funds year ended 05.04.24 year ended 05.04.25 Incoming Tr50urces Incoming resour5 from generated fund& Investment income Intèrest receivable Investment incotne receivable 48 56,063 62,773 Total Incomlng re)urCeS 62.833 Resour¢p5 expended Char51able adivsbe C05ts of aaivities in furtherance of ihe charitys objects". - Management & admlnistrètion Grants 1.518 28,5(N) 36,250 Total resources expended 30.018 37,761 Incorne / (Expendrcurel for the year 32,815 18.350 other recognised Ilossesllgains Gain5 and losses on invesirnent assets -IReductionl I gain In market value of investsnents a5 at 5th April 2025 Npt movement in fvnds 18.167 50,982 125.4041 17.0541 Fund balances brought forward at 6th April 2024 1,745,801 1.752,655 FuThd balances corried forward at 5th April 2025 1,796.783 1.745,801 All gains and losses recognIs in period are included above. Page 5
05.04.25 05.04 24 Note Fixed 155etS Investtnents 1,451,488 1A33.321 CUent assets Cash ar bank & In hand 346,615 315,120 Creditors (amounts falling due within one yea 1,320 Total a55ets less current llabf1eS 345.295 312.480 Net assets 1.796.783 1,745.801 Fn$ Unrpstrirted incorne fvnds Accumulated fund 1,796.783 1,745,801 Approved by the trusTres on 26th January 2026 afid signed on their bEha ty.- D A Wooitèn- Trustee Page 6
DTES T 1. ACCOUNTING POUCIES lalBasis of preparation The fIr101 statements of thé charity, which 15 a public berfit entity under FRS 101 have been prepared in accordance with the Charities SORP IFRS 1021'Accounting and Reporting by Charities.. Statement of Recommended Prnctice èpplicable to charFhes preparing their accounts in accordance wth the Finarrial Reportin9 Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeaive 1 January).. Finanoal Reporting Standard 102'The Financial Reporting Stèndard applicable in the UK and Republic of Ireland, and the ChairtiÈs Atl 2011. The financial statements have been prepared under thE histori1 cost convention wth the excÉptyon of investments vthich are included at Tnarket value. Ibl FurKI gccounting General funds are unrestricted funds which are available for use èt the discretion of the trustees in furtherance of the general objectwes of thp chanty and which have not been designated for other putposes. Rp5trirted funds are funds which are to be used in accordance with the specific restrictyons imposed by donors orwhich have been raised bythè charity for particular purpDse5. The charity did not hold any restricted fvnds during the year. IclDonètions Donètiong are credited to irKorfft and exppnditure accounts in the yearin which they are recved. Idlcapital grants and legacies Capital grants and legacies reCeId are credited tothe income and expenditure account in the year irb %YhKh tY are rettived. lel Gains/Oossesl on irwestments GainsJllos5esl on investments are credited/lchargedl to thé SOFA in the period to which they relatE. 2. TOTAL RESOURCES EXPENDED 05.04.25 05.04.24 Costs of Iharitsble acrivities lal Care of children.. Grants made 28.500 36,250 (bl Managen)ent & adMiniratIon.. Bank & professional charyes Office expenses 1,320 198 1.518 1.376 135 TOTAL EXPENDITURE 30.018 37.761 3. STAFF COSTS No trustee of Whitegate5 Children's Tru5r recerwe(l ary emoluments during the year P024 £Nill The trustees neither retÈived norwawed any w7oluments during the year12024.' £Nill and no out of pocket ekpenses were reimbursed. Page 7
OTES T 4. FED ASSET INVESTMÉNTS 05.0425 05.04.24 MaTket value at 6th April 2024 Net Ireduclionl I gain on revauation at 5th April 2025 Capkal returrEd 1,433,321 18.167 1,458,725 125.4041 Markèt value at 5th April 202S 1.451.488 1A33,321 Cost at 5th Aprfl 2025 761907 762,907 5. CREDITORS (AMOUNTS FALLING DUE WtrHIN ONE YEAR) 05.04.25 05.04.24 Accruals & deferred income 1.320 6. ACCUMULATED FUND 05.04.25 05.04.24 Balance at 6th April 2D24 Surplusl IDpficitl forthe year unrealised IIcTS5esl / gain5 1,745.801 32.815 1&167 1,752,855 18,3SO 125A041 Balance at 5th April 2025 1.796.763 1.745,801 Page 8
year ended 05.04.25 yearended 05.0424 INCOME Iniere5t recervable I*vement income recvale 61713 61833 56.063 DEDUCT.. I)VERHE4DS Grants madè.. Bimiingham Boy5. & Gid5' Union Be Free Childliood First Christadelphian Meal - A- Day Fund Dodford Children's Haliday Farm Deafwcrtd Eve Bmok Scholarship Fund Entntst Hoihouse Luty Faithful Fou#dation NICE The Christine Witiutt MemDfFd Fund Ukraine Donation Welcorne Weston Turville Wdls forTan2ania Zone Youth 4000 iooo 1000 750 1,250 4,000 1,500 1,000 1,50D io 5.000 1.500 1000 zooo 6.000 250 3A250 2&5 Independent Examinerfs Fees Bank & profelOn31 charges Office expenses 1,320 1.320 135 30.018 37,761 IDEFICII)/SURPLUS FOR THE YEAR 32,815 1&350 Pa9È 9