2W63 REPORTOF THE TRUSTF.F.S AND FINANCIAL STATEMEYTS THL EP4DLD JI DECLMBER 2023 FOR THE CECII. AND HILDA LFWIS CHARTTABI.F. TRUST
I.YDEX Pa8r RepL*t of the Tnjsiees
THE CECIL KND HILDA LEWIS CHARtfABLt TRL'ST CHARTfY Ii¥FORMATION REGISTERED CHARITY NIJMBER 258763 GOVERNING iKPCUMENT Tnw Deed IDa¢d 21 Match 1962) TRUSTEES Roger Wise SECRETARY AND PRThCIPAL OFFICE Churt Farnha krrey GUIO 2JZ INDEPEYDENf EXAMIPIER The Stsbks 23B Le#teD Str¢¢ Alton GU34 IHG Chsrles StsJ)ley & Co. LitDi*d 55 Bislw58ate EC2N JAS BAP4KERS I CburchiÈl Pla¢¢ E145FIP
THE CECIL IIILDA LEWIS ClrrALE TRUST REPORT OF THE TRUSTEES The Trugtres PT¢seN Anoua] ReyE whcr the FinaTKial Swenxnts of the Cbarity for the )faT ended 31 aDd 9 And ¢orylywith the chllriW5 tr[ deed and •Mpli¢ble l•w. AIMS AND OWEcnvL8 OFTHE CHARJTY kii¢ome. TRVS'fEKS Robert Lewis Ro8¢1 Wise Alat) Mwo Truatses art PP)u) by the exisiiD8 a5 they ne¢¢M•ry. The Tru#Ee% #t tll of their duties •TrJ TCYFMinsibililie5 And any new TTuthcJ woubj b¢ w¢q¥w¢d havc knowl of thisu well. REVIEW Ofr THF. YF.AR Inierc%l and di%i¢Jcnd in¢omt knM]lin8 £157.545 12024 . £157.5091 8w¥i•J fnmi the bthk And inv¢grttxnls. The 4lloc4ri(Y¢ of fi]Dth for the urthrrtview £122JfKI12024- £124J171. INVE.8TMENT POLICY The Trni¢u h•v¢ dIrMIn to Lnvty in nny forni of th¢y They knv• the power dele the MageMe1)I ofit)vestthtt ty •uthori8¢d fiDwThi cx¥rts.
ThE CECIL AND HIIDA LEWIS CHARffABLE TRUST REPORT OF THE TRUSTELS of quoie4J itsvesbwts h¢ld £3248.601 {2024_ £2,9422981 •tknt VlIng for a profit in value Dr £242,251 (2024- Ios5 of £59.7221. GRATr4T-MAKING POLICY de rdD8e of well thxrving &W5eS ill XCOTdatK¢ Thith th¢ ¢)bilIV£S0r the Tr bli¢ bencfit. RLSERTrTS POLICY The Ttusl is a wt-ttwking ¢haTity wbi¢h ¥im¥ to a pro>10 of its assets and irwmc ¢a¢h year. The TrCeS will nwintain the fil1 to guavantee Mve5Err1 iTKOTne in th¢ mayon I&17415 distribute Ymnies from its g¢twal funds. Unr¢styirt¢d fvD(Ls at the Ir8r4nd totslled L3.596.94712024_ £3J61(rfJ3). IUSK ASSE&SMENT miti8a these Ti%k AIMS AND OBJECTIVFS OFTHE CHARITY FOR THE PUBLIC BENEFrr organtionS whi¢h have benefityj ftom th¢ ¢hariry inchNk we]farE. t[L 8nbStic ard educ10 clwitie5 itt the UK and Jsrael focussing on cbildren. especiatiy with ph>si¢aJ or i¢arnw disthliiics T¢se4r¢h. di$T relief. sludents, the Page 2
THE CECIL AND IIILDA LE%s CIIARTTABLE TRUST REPORT OF ThE TRUStEL5 STATEMENT OF TRusfEES' RESPONSIBILML The Tnjstees are le5wLbIC for PTrpano8 tht Tnjsttcs. Repxt arml Financi Sw¢nts for each finEncid )wr in 8tr0rdan¢e Trith applicable law aTrl Unityj KinBthMh A¢¢tyJnting St¥Jdud% IUnite41 Kmgdom (knernliy A¢¢qthi Accou8 PTrthice) atsd whi¢h Ve 8 true and fair view of the of affai of th¢ C1wiry and of the incorMn8 and aPp10n of Select suitsble accouniin8 w>licies al apply th¢0) ¢onsistrntly. Sta whcthtr applicJbk ¢£OU]ng YAndarth hllve been fOlwe FD ]7 deptreS diwlosed will Contine bSineSS. financial tx)siiM)n of the Charity aThl w cnabl¢ ensure the Fina1•] coryly with the Chw7tics Aci 2011. th¢ Applicable clnIeS {AcLx)IlDts the prowisiots of th¢ Trust I)ee4L They are a150 r£S$]b]e for 5afe¥yatdin8 the assets ofthe Charity aj hence tskiJJ8 rtsonabk 51ep5 forthe prrveniion And detection of DISCLOSURE OF I]4TORMATiof4 TO THE INDEPENDET EXAMINER th Tnw¢¢ h8 tsken all the stqA that hv¢ btco trkcD a5 ¥Tntstrt in (Yd¢r to be llw7tr of any rritvani Appro OD behajf of Ihe Tr97¢¢% ty.- R LEWIS Trystee
THE CECIL AND IIILDA LEWIS CHARITABLE TRUST INDEPENDENT EXAMLNER'S REPORT TO THE TRUSTEES OF CECIL AND HILDA LEWIS CHARITABLE TRu%r I repirt on th¢ f&?[1a1 5tstements forthc yewtr¥kd 31 D¢cell&2025 a5 Xt OutP8t$ 6t0 13. Re4)onilbllltlts ••41 B•51s of R¢port the ctte$ Act 2011 {'thc 2011 Act'l. I w in Tespeet of tY exAmiTh ofthe Cknity"5 x¢ots orried un(kT Sett 145 of th¢ 2011 Act alld in catr)in8 wt my ¢XATDlBD I hove foliowtd the wlicable Dir giv¢D by the Crn1 under sectiots 1451SNbl of the 2011 ACL IAdcpe•deDt £x•knr'¥ state1 Ch&rities.' of Prncli¢¢ rylic¥ble to chm"iie5 Pttparing theiT •¢cordw with the Financial Reporting •pplicable in the UK And Rewblic of Irelat¥J IFRS 102) in to th¢ Acco08 SNI Rew)rtit%g by Chanties: of Prxlice l A1 2th)5 Twhi¢b 15 ferred in tk exlaNI le8ons but hss beeu withdrawn. A¢cepled AcLI)untiJl8 Ptxtice ¢tTedive refft8pffly IWIDB aftc¥ l January 2015. vitig m2 <4U8¢ believ¢ in Thy rnateri2] rryti outtiingrccixts kw itl of thecffixityas ryired bystttyoD 130 of the 201 l A¢ or ¢h¢ a<countsdo notwnply with the 4pplicabk requirEDts concanirLRthe form aod cont¢nt of accounts &$ set out in the Charities IA¢c41UnTS R¢p)r¢s) R¢gul&ti{s 2(¥)8 other thaTh any requiremEnt tha¢ tht accoiints 8iv¢ a
THE CECIL AND HtIlJA LEWIS CHARABLE TRUST )EPEYDENT EXAMIWER'S REPORT TO THE TRusfEFS OF THE CECIL AI¥D HILDA LEWIS CIIARITABLETRUST This re)rt 15 x>lely to the Charity'5 TIu5 ts a W. in P•rt 4 of the ClntIC (Acwuhts )d R¢portsl R¢aulaEiDns 2(M. My work bcen Undeen YA> I mi8hi $ta* the ChArity's Tnw¢¢s those m&rter& l am rtqiiired ¢0 ¢0 them it) in&pethi ty4miw'$ I¢t •nd for othcr purpose. To thr fulle51 ex¥ent pemjiued by law. I do not accept or respoDsibiliry to other th•u th¢ Chanry'g Tru%tecs a Ix>dy. for nly work OT for th's r¢[. Fr4pciy Maxwell LLP The Stabl¢s 23b tKnt¢n Stye Hampgbire GU34 IHG Pa8c 5
THE CECIL AND IIILDA LEWIS CIIARTTABLE TRUST STATEMENT OF FIAI¥CIAL AcnviTIFS t•r Iht ytr*#de 31 Detcwbtr 29ts 2025 2024 INCOME FROM 157J45 IS79 Totsl lllcon Is7$ 157 EXPENDTTURE Cost of RRiying FU 2&038 139814 139 Ttstsi ExpeDdltsre 14SA52 165J•l Gthsl(IA>S5e51 17907) 17,792) 244Z51 (59.722) 234J44 1625141 Fund Balance BTthJ8bi Forwwd •1 l Jgllu&ry 2025 J36U•J 3rt25.117 Fund Balance C•Trled F•rnrd at 31 December 2025 Tbe notes on pajtes 8 to 13 forni part of these rUwla[ 51arettMbts. Page 6
THE CECIL AND HtII>A LEWIS CHARITABLE TRUST BAtANCE SHEYf AT 31 DECEMBER 2•25 UDrtJtrW 2025 2024 FIXED ASSETS io ja27$ 3.IOJm4 )J27,S J.101.054 CURRENT ASSETS 211h49 273J62 281049 273J63 CREDITORS: F•ll¢n8 Due Within On¢ Y¢ (11.167) PIET CUiiRENT Assm 261.519 IYET ASSETS FUNDS Umrerfrlthd F#*th 3J62A13 Thex fi . AtMI on their behlf by... R LEWIS R WI.SE Trwtet Page 7
THE CECIL AND HILDA LEWIS CIL4RITABLE TRUST ACCOUNTING POLICIES The fits141 #Aterr¢nts hav¢ b¢¢D prep•rcd iti with the (ltIeS SORP IFRS 1021- Acc4)UDtin8 aTrJ RertilI8 by Chariibr5." Ststrmtht o( Pry1(¢ pp1Kle to clwi"ii¢5 pYeparinR th¢ir in A¢¢OTdwK¢ wrth the FitWKiII liepLwlin8 Stsnthrd applicable ul th¢ UK Republic of Iteland IFRS 1021 leff#tivt l J4rLu•ry 2019). the Financi SwMJ•td I1•ble iti th¢ UK •ad Rwblic of ITrland IfrRS 1021 th¢ Ch8riti¢s 2011. and R¢portsl R¢8ulatMxu 21X>8 othly ty th¢ ¢xwr requirrd to a 'tyue and fair. viyw. Thi$ departure h8# inyolv¥J folk)WUL¥ the CTrariiic5 SORP IFRS 1021 publishvj O¢¢ober 2019 r&thcr than the $in¢¢ b¢M witlthwn. The Trusi ¢onKiwt¢s a public b¢n¢fiientsty 15 ]ft¥d by FRS 102. The Tnle coniider tht th¥¢ ut nwryial Tn.$ •bility coniinu¢ q a 801118 ro¥K¢rn. Th¢ si1r1¢1 arcn of Jwj8enl is th¢ 7Mlu•kn of inv¢¥tyxJty mDTkel vAiue th¢ TtWEin8 b) Fud• ofthe ¢hrithbk obi¢as. All is ryised once the chvity h•s ¢niiiLcmcnr to the uKoffl¢. il ix pDbthle the in¢oT wll be r¢ceived Dnd the ofifi¢onx r¢ttiT4llbk ch be reliDbty. Inierw on funds held on thpo¥it is inchthd vthtn rtteivbl¢ •nd the ¢•N be Teliably by the thi$ i¥ rwnlly of the irbWUI p•id or by tr bk. due. Thi8 i# rmlly nlf7&•I10 bytb¢ advirOf th¢ th'vhl¢ThJ yield of the ihvewKni wtf01. Page 8
THE CECIL IIILDA LEWIS CIIARrrABLE TRUST NOTES TO THE FKcIAL SfATEMENTS-CONIINUED Li&biiitie5 att rcco8nised expIdIbjTE Is swn as thert i¥ a IryAI or con5InKye obligation wHmiittitt8 the ¢brity to that expeDdithJr¢, it is Proble thai settlem¥ will bE rryuir¢d •nd th¢ of the obligabon can bE reli•bly. All expenditUT¢ È5 for on x(TuJls bz5i5. All expenses inClLKIU 5UPPXt co3 aTKI ¢osts are allocated OT apr)rtioned to the applicableeXpeThj hcJtn85. pable we pa] ¢0 third pArtiu ID thE furthe of the ¢lwr¥ty ofth¢TTUSL ]n the ce of an unclditiOnal 8Ani offas 1¢ 1$ llrtt the recipienl bJ5 brrn notified of the 8f•)t award. The ipitnt hos btth tw)tifd of the and koy renMID1 UDfulfJlled Cl011 attxhing kn tbe8TAm ols1de of the cotttrol of the TrusL P5100$ for granty mk when the intrnrion io nske a gAni has terL wMllCalcd to the recipient but there iy uncertaillty &sw the iniDgof the w OrtheA0 ofry pa)Fble. ¢) IrT¢¢overnlAt VAT O GovetrJ•K¢ Cogts F1xed A51e¢ l4vrsthM [tyv¢SthES are a form of basic llLstrurrKrrt itiiiially reaed their transaction value and sub5eqUtllTIy n•5uJed at thesr f•ir w•lu¢ the bA]atKe sbect date using th¢ t1]g quoted ]rAet price. Tbe the )¢w. due to wider Cadi¢)n th¢ attitLth of invcor5 to InvL¥hwl risi cbange5 in SeDiirtt h) Olher luvestDnts OlheT inve5tn%nts arE inclth at i) Debtorj Short m drbknr5 arr rrKaYuj &t ttathsw ¢, less any I4pairn%L L<n$ rerrivab nw•sur uJitiAIIy j) Cb at B#nk nd l Hthd Cash * bank attd cash iti b[ incl¥ths Ixth sbort.rni liquid 1nV#tttts wtth • SI rdwrity of three Trmmths OT less fTDm the date of acquisiti( Openi oftht derrf>sit or simiLryr xcoimL PJg¢9
THE CECIL HILDA LEITrIS CHARITABIE TRUST NOTES TO FINCIAL STATEMENrs. coNriNUED FOR THE YEAR ENDED 31 DECEMBER 2•25 L INVLSTMENT INCOME 2•25 2024 2,146 155.363 157.509 153J61 COST OF RAISING FU*4DS 2025 2024 737 301 20.622 392 B&nk Charyes XPEYDITURE ON CHARITABLE ACTivrfiL8 X12J 2024 iiuoo 12.000 3.114 124.317 12.0(K) 2.970 sup[) £OSLS sUPrn Sundri 139.287 DONATIONS PA YABLE TO IP4sfiTlmONS 2015 2024 22.( 15.(XM) 15.OfK) 10, 62.317 ChallenBet5 FIFAMI Topi¢ of CAn¢ 32 other dli1¢X lem than £7,(MNJ (2024_22 leA8 £8.rfJXII 9231 122JtyJ 124.317 P•Be 10
THE CECiL AND HILDA LEWIS CIIRrrABLE TRusr NOTES TO THE FIP4AWCL4L sTATEMEs. CONnNUED SIJPPORT COSTS 2025 2024 A0till8 cor18 Fees 12.IKK> ET MOVEMENf IN FUNDS 202S 2024 These are afterdaw"n8.' 3.1 J4 2.970 2.970 REL4TED PARTY TRANSACTIOPIS the y¢ar. No 5tsff etryloy¢d by thc Glbrity. Durin8 the year. Wise Advis • trttsitxss owned by RoBer WI a Tru5¥ tly¢0 £12.IKK> (2024 . £12.(MN)I from the Tru in Tespttt ofwofe55ioDal 5¢rvice5 prvvthd. Ai th¢ yur end. the mLSt owed Wise Advis¢t5 £4.()(K) {2024. £4.1)
THE CECIL AND HIU)A LEWIS CHARITABLE TRUST NOTES TO THE FINCIAL STATEMENTS. CONfiNUED OTHER INVFSTMENTS 2025 2024 Vdu¢ at l Janw 2025 120.(KKJ 1120.¢M)) V1h 31 Decetth 2025 10. QUOTED II¥VEsfMENTS 2025 2024 Brought forwud •1 l J•Duary 2025 3.178.747 99.355 1239,3201 122.IKM) 59.7221 296.236 (UZ.1¥41 181.6821 244.041 Di5p)saJs N¢1 gal[1¢) on Tr¥AhTr 3 101054 2025 2024 Fi%¢d lrtY¢s1. UK Equiiies. UK Equitiex. Noth UK 661301 IAIN42J SgJ.612 1#2.16• 64•.766 614.199 851.806 4S4.14J 224,333 717.221 1511,756 ¥0.596 AltrrnlltiVe8 Csh- UK Mixcd Inv¢JInll 101.OJ7 z? 3 101054 Page 12
THE CECIL AI¥D HILDA LKWIS CIIARITABLE TRUST 11. CREDITORS 2025 2024 J2,J67 12.013 12.167 12,013 12. LEGAL STATUS The Tn1 # ch'ty ¢(thslity¢tyJ by Ik• Th¢ plx ofEwiDess is w Rthrw(MML Rtwl Chw4 Fllrnhw Surrcy. GUIO 2JL Page 13