Charfty nurnbw: 2611Sft Peter Dixon Charitsble Trust Unaudited Trustoos. report and flnancial statements For Iho year ended 31 March 2025
Peter Dlxon Charitsblt Trust Contents Page R8fvrence and administratl¥• d•tals gf the Ch•rlty. Its Tntse¥ and ad¥i5ers Trusto•5' raport Independerrt •xarninerfs report stat•rnent of flnancoal activi•$ Balanc• shoet Notss to tho flftancial ststements 9-17
Peter Dixon Charilable Trust Relefenc• and administrat.ve details of the Charfty. Its Tru5t88s and advlse Forthe year ended 31 March 2025 Trustee5 A C M Li¢Jdell MBE WS S J Gvryn-Thomas J M Dixon CGWDixon Charity registsred number 261158 Principal *)ffice 71 Queen Victoria Street London EC4V4AY Accountants Kreston Reeves LLP Chartere¢ Accountant5 2nd Floor 168 Shoreditch High Street London E16RA Inve$tr¢nt managers Canaccord Genuty Wealth Management 41 Lothbury London EC2R 7AE Sara5in and Partrer5 LLP Juxon House 100 St Paul's Churchyeard London EC4M 8BU Solicitoys Wedlake Bell LLP 71 Oueen Victoria Street London EC4V 4AY Independent Examiner Stephen Moss Bsc IHons} ACA K510 Reeves LLP 2nd Floor 168 Shoredrtch High Street London E16RA Page 1
Petsr Dixon Charilabl• Trtt Tru$tses' report For the year ended 31 Mah 2025 The Trustees psent their annual report tOgetherv•ith the finanaal ststements ofthe Charity for Ihe 1 April 2024 to 31 March 2025. The fin2nryal $tstements have been prepared in accordance vAth the accounlng policies Set out in note 1 to the accounts and comply wth the Chaws Trust Deed, the Charities Act 2011 and Accounting and Reports by Charitie5" Staternent of Recommended Pracbce applicable to charrties preparing their accounts in accordance Wlh the Financial Reporb"ng Standard apFlicae In the UK anil RepU1C of Ireland IFRS 1021 (effective 1 January 20191_ Oble¢tlvt$ alrd activilies a. Pollci85 and objective5 The Trustee5 hold the in¢ome of the Trust Fund at their disuetion ether for or forthe benefit ol.. al those chantie5 5UPPOrted during the h'fe of Peter 01xc per a sthedule agreed by the Trustees con$t1ng of approxirnatety 80 named Institution5. and bl RNLI. Church of England Children $ Society. National T$t and the Btitssh Red Cross. The Trustees are not able to support indiwdual5. Before 12th May 2024 the TNstees did not have Ihe PO%%Er to spend ¢xprtal. Capital was maintained as an investment base to produce incotne to 5UPPOrt Ihe charitable programrne of activities for the indefinrte future. However, from 13th May 2024 the Trustees were gwen expie55 pemiission by tre ChzNbe5 Comrnission to Spend out the capital of the TrusL and the TnJstees have deuded to do so over a period of three years. The Trustees have agreed a proactive Donabons Policy foT the Ihree year spend-out period to support 3 number of spe¢ifi¢ charities thal were of parCUlar interest to the late Peier Dixon. where the Trust has become inVoed in two to three year idenb"fiable and enhanang programmes the benefft of vknith can be cleady deTnonstrated. They are not in a p05rtion to COll5ider any other applicatrons lor donations or to Spond to specffic requests or opportunith"c appeals. even if these fall t•rthin the obj'ects of the Trust In setting objectives and planning for acb"vtbe5. the Trustees have given due nSIderation to general guidance published by the Chanty Commission relatsng to puNic benefft, induding the guidance 'Public benefft". running a harity IPB21'. b. Main activlties undertaken tt> furtherthe Charity's purposes for the publ1¢ benefrt The Chanty supports by donabons charibes invdved prinapally in the Force5, Children, Medical Research arTrd Aid. The Charrty employed the seNces of investment manager5. but all investments have now been liquidated, to meet the spend-out decisions al¥eady taken. A¢hievoments and perforrnan¢e . Key perfonnance Indlcators The Charitls key finanaal performance indicators are the value of th¢ir investments and cash lunds and the abilty to meet cuent and fkrture grant commitments. Total income for the period from investsnents Wds £131.998 12024.. £115.3151. Donatsons of £1.144.902 12024." £91,900) were agreed, of which £1.144.902 {2024." £91.9001 *tre paid during Ihe year wth the relnaining arnount paid post year end. The Trustees are satssfied the resuh5 for Ihe year. b. Revlew of activitie$ The Trust 3ctmts.es during the year are etted in Ihe dcatiOnS made, See page 12, note 6 - Grant5 to institutions Page 2
Peter Dlxon Charitable Trust Trustee5' report Icontinuedl For the year ended 31 lknrch 202S Financlal revlew . Gryn9 ccm¢em After making appropriate enquiries. the Trustees have a reasonable expectstion that the Charity has adequate sources to contsnue in operational estenCe for Ihe foSeeable fubjre. For this rea50n. they continue to adopt the going concern bass in preparing the financial Statements, ensuring that donations made a applied as intended. b. Reserves policy The Trustees have agreed that going foThvaTd their Trust solitOrS wll keep a cash SerVe to rneet their expenses as they ase and a ttoat for donations. The balance of unrestricted funds available for donations as at 31 March 2025 was £58.12412024. £238,081). Prfncipal risks and uncertainties Currency risk l of the Chantys revenues and costs are denorninaied in Sterfing. Therefore the Trustees consider that the charity ha5 no material exposure to currency Fisk. CrEtJit risk The Charity's principal financial assets are quoted investments and cash. There is negligible credit risk assouated the chartls cash bdances and investsnents but these are all held through recognised financial insb"tutsons. Interest and liquidity risk The Charity seeks to manage rt5 financial risk to ensure that suffiuent liqdY is available to meet 311 future needs in relation to its spend-out pr¢r8mMe_ ¢L Investment policy The Trustees. investment powers a govemed by the Twustee Act 2000 and the Trusl Deed. The Trustees manage the Trust inve5trnents and cash funds in accordance the Ad in conjunction vrith its inv2stsnent managers. structure. governance and managem•nt a. Constitution The Trust was estsblished by the late Peter Dixon by a Trust Deed dated 3rd Awl 1970. A resolution dated 23rd April 2009 amended the name of the Charity to the Peter Dixon Charitable Trust, which was and is approved and registered wth the Charity Commissn (Registratn Number 2611581. The original Trustees were appointed by Peter Dixon and subsequent Trustees are appTrrrted bythe eSts.g Tstee5. The Twstees during the year are on page 1. Further administrative detai15 are a150 Set out on page 1. There have been no changes in objedives Since the lasl annual report. b. Methods of appointrnent or election of Tntsttes Page 3
tsr Dixon Charitable Trust Trust888' report lcontinuedl For the year ended 31 March 2025 StrucbJro. governance and rnanagement {¢orrflnued> The management ol the Chffj 15 the reSpCsIbIlfy of the Trustee5 are elected and ccwopted under the temis olthe Trust Deed. c. Public benefit The Trustees ¢¢r that they ha coMpld %bilh the duty in $.171S1 Charits"es Act 2011 to have due regard to the public benefft guidance wlshed by the Charity Commisson. d. Risk management The Tnjstees have assessed the major risks to vthith the Charity is exposed. in parblar those related to the cperations and finances of the Charrty. and are satisfied Ihai systems and prOdUTe5 are in place to rngate exposure to the rnajor ri5k5. Fuiure develoNThent The formal re501ution to the Charity Commission to enable Ihe Trustees to spend out the Charitys fund5 over a Ihree year period was submitted on 19th April 2024. The Cttanty Cornrnission foThnaMy approval frorn the Charity Commission is dated 13th May 2024. The Trustees held Virtual Meeb"ng5 during Ihe surnmer of 2024 at lch rt vras agreed how the process of spending out the caprtal over the three year period procced and be controlled. The first year's donations have been made. Page 4
Peter Dixon Charitable Trust Trustee$. report Icontlnuodl For the year ¢ftd 31 March 2025 ststemenl of Trustees. responsibililio5 The Trustees are responsible for pparing the Trustees, report and the financial Statements in accordance wth applicable law and United ngdorn Accounting St3ndards (Unrted Kingdorn Generalty Accepted Accounb"ng Practice). Th¢ law applicable to chantie5 in England & Wales require5 the Twustees to prepare finanual staternent5 for each finanual bthich gNe a tnje and fair view of the slate of affairs of the Charty and of rts incoming resources and application of $OUrCes, induding its income and expendituie, for that period. In preparing these financial statements, the Trustees 3re required to.. select suitsble ac¢ounb"ng pdiaes and then appty them consistenty, observe the methods and prrnuple5 ofthe Charrhes SORP IFRS 1021.. make judgments and a¢counting e5kn"mate5 that are reasonable and prudent", State whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any maierial departures disdosed and explainerl in the finana31 $trtement$'. prepare the finanual ststements on the going concern basis unless it is inappropriate to presume that the Charty wll continue in business. The Trustees are responsiNe for keeping adequate ac¢ountiny rEcord$ that are SUff4'ent to show and explain the Charity's transadions and disd05e with feasonable ac¢uTacy at any time the financial poS"0m Df the Charity and enae them lo ensure that the finanaal statements comply with the chanb.es Act 2011, the Chanty (Accounts and Reports) Regulations 2008 and the wovisions of the Trust Deed. They are also responsible for safeguarding the a55et5 Of the Charity and hence for taking reasonable steps for the ention and letection of fraud and other iFTegularities. Approved by order ofthe members ofthe board of Trustees and signed w their behaw by. tee Date.. 11
Peter Dixon Charltable Tt Independent exarninerfs report For the year ended 31 March 2Q25 Independenl exam15 r8Wrt lo the Tntstee5 of Poter Dixon Charitabl• Trust (Yhe Charity I ieport to Ihe tharity Trustee5 on my examination of the accounts of the Charty for the year ended 31 March 2025. ResponsllAllti8s and basis of report A8 the Trustee5 of Ihe Charity you a SPonsIe for the pparnts" of the 8crx)unts in accordance N%ith the requirements of the Charities Act 2011 Cthe 2011 Act?. I report in re$pe¢t of my exarnination ol the Chariws aCtnts caThied out under section 145 of Ihe 2011 Act and in c8rrwng out my examination I have foll0vd the applicable Directions given by the Charity CDmmis$iDn under section 14515llbl of the 2011 ACL Independent examiner's ststement Since the Charitrfs 9ros$ income exceeded £250,000 your exarniner musl be a member of a body listed i section 145 of the 2011 Act. I confirni that l am qualffied to undertake the exarnination because l am a member of Institute of Chartered Accountants in England and Wales. 1¢h is one of the listed les. Your attention is dravm to the fact that the Charity has ppared the accounts in accordance wth Accounting and Reporting by Charities". Ststernent of Recommended Prartce applicable to d)arities preparing their account5 in accordance Nwth the Finanaal Reporbng Stsndard applicable In the UK and Republic of Ireland IFRS 1021 in preference to the Accountin9 and Reporting by Chanbes." Starement of RecommentJe(5 PTathce i55ued on 1 April 2005 which is referred to In the extant regulatn5 bLrt has been thraVM_ l understand that th15 has been done in order fLW Ihe accounts lo prowde a true and fair Mew in accordance with the Generally Accepted Accounting PraLce effecbve for repotting pEriod5 beginning on or after 1 January 2019. I have completed my examinaknon. I firni that no matters have come to my attenb.on in connection 1th the exarnination giving me cause to tdieve that in any matenal respect.. accountsng record5 were not kept in respect of the Charity as required by secbon 130 of the 2011 Act", or the accounts do not accord those iecords,. or the accounts do not COfTTply 1th the applicabfe requirements conceming the forrn and ¢ontent of accounts set out in the Charrbes (Acwunts and Reports) Regulations 2008 other than any quireMent at the accounts gNe a Irue and lairf View thich is not a matter considered as part of an independent exarninabon. I have no concems and have come across no other rnatters in conneth.on wth the examination to which attenb'on should be drawn in this pOrt in orderto enable a proper understanding of the a¢count5 to be athed. Th15 report is made solely to Ihe Charitys Twstee5. as a body. in accordance ¥th Part 4 of the Charits"e5 (Accounts and Reports) Regulations 2008. My Irk has been unijertaken 50 that l rnight stste lo the Charity's Trustees those matters l arn required to state lo thern in an Independent examinerfs report and for no other purpose. To the fullest extent pemiitted by law. I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees a5 a body, for my *YJrk orforthi5 report. Signed Dated." 4 November 2025 stephen Moss 8Sc (Hon51 ACA Kreston Reèves LLP Charted Accountants 2nd Floor, 168 Shoreditch High Street London E16RA Page
Peter Olxon Charitable Trust Statafflent of finan¢lal activiiies For the year ended 31 Ilarch 2025 Endownent Unr•stricted funds lund$ 202S 2025 Totsl funds 2025 Total funds 2024 Income and endOnents from: Investments 131.998 131.998 115,315 Totsl income and endo*Thants 131.998 131,998 115,315 Expenditure on: Raising funds Charrtable achltieS 13,903 247113 13.903 1.170.605 23,726 104,879 1.144.902 Total expendlturn 39,606 1,144,902 1,184,508 128,605 Net éxpenditure befo net gains o inveslments Net gains on invesbnents 139.6061 11.012,904? 11,052,5101 53.033 $3,033 113.2901 195,107 Net Sn¢¢)mellexpendituvel Transfers ljetween funds 13,427 1832.9471 11,012,904) 832,947 1999.477) 181,817 13 Net movement in fund5 {B19,5201 1179.9S71 1999.4771 181,817 Recon¢S1iation of funds: Total knnds brought loNrd Net movement In lunds 3.171.84fj 1819,5201 238,D81 {179.9571 3,409,927 {999,47n 3,228.110 181,817 Total funds carrled for¥Ydrd 2.352,326 58.124 2.410.450 3,409,927 The Statement of financial actiwbes indudes al gain5 and losses recognised in the year. The notes on pages 9 to 17 fo part ofthese financial statements. Page 7
Petsr Imxon Charitable Trust Balance sheel As at 31 Mah 202$ 2025 2024 Fixed assets Investments Current a$s•ts 10 1352.316 3.371,590 DebtotS Cash at bank and in hand Current Ilabilltles 11 35,373 31.637 48,974 Creditors.. amounts faIng due ¥thIn e year 12 18.8861 110,6371 Net Current ass•ts 58,124 38.337 Total not assets 2.410,450 3.409.927 Charlty funds Endowrnent lunds Unrestricte£l fund5 13 2.352,326 58,124 3.171.846 238,081 13 Total lunds 2,410,450 3.409,927 The ffngrti21 sta*werts were aPDroved and autholisetl for issue by the Trustees and signed on their behalf by". J M Dixon Trustee Date.. The notes on pages 9 to 17 form part of these ffinancial 5t3tements. Pa9e 8
Peter Dixon charitable Trust NotP5 to the financial ststements For the year ended 31 Match 2025 Legal fom) Peter Dixon Charitsble Trust cthe CharilK) is an unincorporated Charity wth the reg15tered charity number 261158. The aoldres5 of Ihe Chantys principal olfice 15 delailed on page 1. AccOunng policies 2.1 Bas1$ ol pr8p3ration of financial statsments The financial staternent5 have en prepared in accordance with the Charlties SORP IFRS 1021- Accounb"ng and Repofting by Charitse5." Statement of Recommended Practice applicable to charities preparing their account5 in accordance wlh the Finanaal Reporbng Standard applicable in the UK and Republic of Ireland {FRS 1021 leffects 1 January 20191, the Finanual Reporbng Standard applicable in the UK and Republic ol Ireland IFRS 1021 and the Charibes Act 2011. The financial statement5 have been prepared to ge a fve and fair wew and have departed from the Charities IAccounts and Reports) Regulations 20a8 only to the exient required to provide a 'true and fail view. This departure has involved fonowng the Charities SORP IFRS 1021 published In October 2019 rather than the Accounting and Reporting by Charib"e5'. Staternent of Recommended Practice Effective frorn 1 April 2005 which has since been Wi1hdrab. Peter Oixon Charitable TTUSt meets the definI"0n of a pvblic benefit entity under FRS 102. Assets and liabilrties are inthally recognised at hisloncal cost or tratT5action value unless othetwise stated in the rdevant a¢counts"ng policy. The finanaal statements are prepared in Brilish Sterfing and Unded to the nearest Pound. 2.2 Going conc8rn The Trustees assess vthelher the use of going concern is appropriate i.e. whether there are any material unrtaineS related to events or conditions that may cast 5ignthcant doubt on the ability of the Chanty lo continue as a going concern. The Tru5tee5 rnake thi5 assessment in respect of a period of at least one year from tre date of authorisation for issue of the financial statements and have concluded that the Chanty ha5 adequate re30urces to continue in operational existence for the IoTe5eeable fvture and there are no material uncertainties about the Charitys abilty to continue as a goin9 concem, thu5 they conbnue to adopt the going concem basis of accounting in pParing the finanoal statemenls. 2.3 Incomè All Income is recognised On the Chafrty has enbuement to the irncome. it is probable that the income will be reIVed and the amount of income ceivable can be measured reliably. Income tax recoverable in relab.on to inveslment income 1$ reEognised at the 'me the investment income is receivable. 2.4 Expenditure Expenditure is recognised ce there is a legal or constFucb"ve obli9ab.on to transfer econornic benefit to a third party. it is probabte that a transfer of econornic benefrts wll be required in 8etUement and the amount of the obligab.on can be rneasured reliably. Expenditufe is dassified by activity. The costs of each activity are made up of the total of direct costs and shared costs. induding 5UPPOrt costs invofved in undertakj.ng eath activity. Direct costs altributsble to a single activity are allted ldY to that activty. Shared costs vthi¢h contribute to MO than one activty and 5UPPOrt cost5 which are not attributable to a sin9le actiwty are aPpooned between those activities on a ba515 consistent with the use of resource5. Celltral staff costs a alk)cated on Ihe basis Df b.me spent, and depciatiOn charyes allocated on the portion of the asset's use. Page 9
Peter Dixon Charitsbl• Trust Notes to thé financial slatements For the y•ar ènded 31 March 2025 Accountfjng pollcies (Contined) 2A Expenditure {continuedl Expenditure on raising funds indudes al expenditu incurred by the Chanty to raise funds for its chantable purpose5 and indudes rxjsts of all fundraising actiwties events and non-charitable trading. Expenditure on ¢harttJble actiwtses is incurred on diredy un¢Jertaking the activities which further the Charity's Obledles, as 11 as any assouated 5UPPOrt costs. Grants payable are charged in the yearthen the offer is made except in those cases the offer Is conoonal, 5uth grants being recognised a5 expendfture when the condits"DllS attaching are fu11ed. Granis offered subject to condibons which have not been met at the year end are noted as a commiknent. Ixrt not acuued as exwdrture. l expendriure is inclusive of irrecoverable VAT. 2.5 Interest r•c8ivabl8 Interest on funds hehj de51t is induded then receivaNe and the arnount can be rneasured reliabty by the Charty." this is nomiafy nobfication of the interest paid or payable by the institution bmth vthom the funds are deposrted. 2.6 Invesknents Fixed asset investments are a fo of finanoal instrurnenl and are In'allY recogniseé at their transaction cost and subsequentty measured at fair value al the Balan sheet date, unless the value cannot be measured reliably in which case it is measured at cost le55 impairment. Investment gains and losses, whether realised or unrealiseo. are combined and presented as 'GainsllL055esl on investments, in the Ststement of finanoal acbvilies_ 2.7 Debtors Trade and other debtor5 are Tecognised al Ihe settlement arnount after any trade discount offered. Prepayment5 are valued at the amount prepaid net of anytrade discounts due. 2.8 Cash at bank and Sn hand Cash at bank and in hand indude5 cash and sh¢yt-tern) highty liquid investments with a short maturrty of three months or less from Ihe date of acquis.0 or opening of the dep05rt Of 5itnilar account. 2.9 UabS1th•s and provisions abilities are recognised when there is an obligab.on at Ihe Balance sheet date as a result Df a past event, rt 15 probable that a transfer of econorni¢ benefft wll be require& in setttement, and the amount of the setuement can be e5b"mated rdiably. Liabilitse3 are recognised at the amounl that the Charity antiupates r( pay to settle the debt or the amount it has received as advanceé payments for the goods or services it must prowde. 2.10 Financial instrumenis The Charity onty has finanoal a55ets and finanrjal liabilities of a kind that qualify a8 basic financial instruments. Basic fin3naal instruments a in"allY COgnised at transaction value and subsequently measured at their setuement Value vthh the exception of bank loans thich are subsequently rnea5ured 81 arnorti$ed cost u&ng the effective Inte$t Method. Page 10
Peter Dixon Charitsble Trust Notes to the financial statsrnents For the year ended 31 March 2025 Accountlng pol5cl•s {continuedl 2.11 Fund accounting General funds are unrestricted funds vknich are available for use at the discretM)n of the Trustees In furtherance of the general objectives of Ihe Charrty vthich have not been designated for other purposes. CritirAI accountlng astimatss and areas of Judgernent Estirnates and judgements are continualty evaluated and based on histarical expenence and otherfactors, including expectations of fulure events that are bdieved to be reasonab under the arcumstance3. The Twst carnes U)eir inveslments at fair value. 1th thange5 in fair value being CognISed in the Statement of Finanaal Actiwb'es. The valuab"on$ are obtained from the TTU5t'5 investsNent managers and present5 the amounl for vthich the investment should exchange on the valuation date between a willing buyer and a wlling seller in an arm's length fransaction vthere eath party acted thedgeably, prUdenY and wthout complblsion. Inveskn•nt income Unr•stricted fund$ 2025 Total lunds 2025 Dmdends 126.267 5,731 126,267 5,731 Interest 131.998 131,998 Unrestricted funds 2024 Total funds 2024 Dmdends Intest 112.463 2,852 112,463 2,852 115,315 115.315 Page 11
Petsr Dlxryi Charitable Trusl Notes to tho finonclal $tatsm0nts Forthe year ended 31 March 2025 Investm•nt management ¢osts Endo*rn•nt funds 2025 Total fund5 2025 Investment management fee5- Canaccwd Investrnenl management fees- Sara&n & Partners 3.661 10,242 3.661 10,242 13,903 13,903 Endowment fund5 2024 Total funds 2024 Investment management lees- Sarasin & Partne Investment rnanagement fees- Canaccord 10.597 13,129 10,597 13,129 23.726 23,726 Analysrs of grants Gronts to Ir6tltutlons 2025 Total funds 2025 Grants made to in5kntutsons 1,144.902 1.144,902 Grants to Institutions 2024 Total funds 2024 Grant5 made to institutions 91,900 91,900 Page 12
P•t•r thxon Charitable Trust Notas to the finan¢lal ststoments For the year ended 31 March 202S AnalysS5 of grants Icontinuedl The Charty ha5 made the Ic41owiThJ maten.al to institut)n$ during the year. 2025 2024 Name of insti¢vtion Action Medical Researth Alzeheirn&s Research UK Brib"sh Heart Foundation British Red Cr05S Combat Stress E35t Anglia Childn,$ Hospices Exmoor Calvert TNst Guide Dogs Independent Age Mission to Seafarers 50.000 48.795 75,000 2,500 1 D,000 50.OIJO 66.011 51,500 4S,940 50.000 53,500 50.000 75.000 101,000 128,675 40,000 73,367 50.000 49,320 so.000 36.794 5.000 10,000 4,400 NSPCC Ocean Youu) Trust S¢xrth RNLI 10.000 10,000 5,000 Royal Star & Garter Seafarers Sightsaver5 SSAFA- The Armed Force5 Charity The Children's Souety Tum 2 Us Edinburgh Trust Young Live5 vs Cancer 5,DOO 5,000 5,000 10,000 10.000 1,144,902 91.900 Analysis of expendlturtr on charitable actfviti Summary by fund type Endowm•nt Unr8Stricted fun(ts fun(Js 2025 2025 Total 2025 Grants to institutson5 Independent exarnination fees Support costs 1,144.902 1.144.902 3.372 22.331 3,372 22.331 25,703 1,144.902 1,170,60S Paye13
Petor Dixon chatable Notss to the financial statements For the year ended 31 March 2025 Anatysis of eypenditurt on charitable a¢ti¥itfjes (continued) Summary by furKI type l¢ontlnuedl EndvMnent Unrestricted funds funds 2024 2024 Total 2024 Grants to institutions Independent examinthn fees Support costs 91,900 91,900 3,540 9,439 3,540 9,439 12,979 91.900 104.879 Trustees. remunr•tlon and •xpanses Ouring the yezr, no Trustees received any rernuneralion or other benefits12024- £NILI. During the year ended 31 March 2025. expense5 lotalling £185 12024.. £4751 wtre 1MbUrSed or paid ireclly to 2 Trustees 12024. 2 Trustees) and none we outstanding al the year end 12024.. £Nil to any Trusteel. Ernployees The average number ofemployees durtng the year vras O12024- 01. 10. Fixed asset invesknenis Other fixed Listed asset inveslments in¥•stments Total Cost or valuation At 1 April 2024 Adlibons Disposals Revaluations Movement in $h held 3.356.699 5,424964 (6.482.371} 53.033 14,891 3.371.590 424,964 16.482.371) 53,033 114.8901 114,8901 At 31 Marth 2025 1352.325 2.352.326 Net Ik value At 31 March 2025 2.352,325 2,352,326 At 31 Marth 2024 3,356,699 14.891 3,371.590 Page 14
Pèter Llixon Charitabl¢ Trust Notes to the flnanclol 51alernents Forthe year end•d 31 March 2025 11. Debtors 2025 2024 Due Y4ithln one year PrepayTrents and a¢xNed incc¥me 35.373 3S,373 12. Cradiiors: Amounts falllng duB lIhIn one y 202S 2024 Trade credrtor5 Accruals and delerred incoffle 5,310 3.576 1.188 9,449 8,886 10,637 Page 15
Peter Dlxon Chavitailo Trust Notes to the financial $tstementS For the year ended 31 March 2025 13. ststement of fund5 Statement of fvnds- ¢urrenty•ar Balance at 31 March 202S Bolanc• at 1 April 2024 Transhr Inlout Galn (Losses) In¢ome Expenditure Unr8stricted funds General fund 238,081 131.998 11.144.902) 832,947 58,124 Endowmert funlts EndoThent fijnd 3.171,846 139,6061 1832.9471 53.033 2,352,326 Total ol funds 3N09,927 131.998 11.184.508) 53,033 2,410.450 Statement of bJnd5- prior year Balance at 31 March 2024 Balance at 1 April 2023 Gain51 (Losses) Income Expendilure Unrestrfctsd funds General fund 214.666 115.315 191,900) 238,081 endoTngnt fund¥ Endovrtnent fund 3,013.444 136,7051 195,107 3,171,846 Total of funds 3.228,110 11 S,315 1128.6051 195.107 3,409,927 Page 16
Petsr Dixon Charfjtablo Trust Notes to the financial statements For the year ended 31 March 202$ 14. knty5is of net ats b•lw8en fdS Analysi5 of net assets bell funds- current year EndowThent Unr¢strfcted funds funds 2025 202S Total funds 2025 Fixed asset investments Current assets Creditors due %bithin one year 2.352,326 2,352.326 67.010 18,8861 67,010 18,8861 Totsl 2,352.326 58,124 2.410,450 Analysis of net assets funds- prior year Endoyrtrent Unrestricted funds fijnds 2024 2024 Total lund5 2024 Fixed asset investments Current assets Creditors due wthin one year 3.171.846 199,744 48,974 110.6371 3,371.590 48,974 110,6371 Total 3.171.846 238,081 3.409,927 15. Rolatod party transact6ons The Charity has not ente into any related paty transacb.on during the year, nor a the any out$landing balance5 ry*ing beiween related parbes and the Charty at 31 March 2025. Page 17