Cranfield Charitable Trust (1971) Charity No . 263518 FINANCIAL STATEMENTS For the Year Ended 15th February 2025
Cranfield Charitable Trust (1971) Registered Charity No . 263518 Trustses Report for the Year Ended 15th February 2025 The Cranfi8ld Charitable Trust (1971) is Constituted by D88d of Trust and is a registered Charity The Charily was set up by Alison & Humphrey Cranfield to assist local people in financial hardship, by making grants for Edurational needs { school, university or vocational ) . Spiritual needs { supporting indmduals doing serwce for others on a voluntsry basis ) and assisting with the funding for disalx'lty equipment. for both irKlniiduals and organisations Ithin Norfolk, SLrffolk & Essex. The princi8 address of the charity is '. 44 Low8Stoft Road, WorfirvJham, Beccles. Suffolk, NR34 7DY The Trustees of the Charity at the 15th FebNary 2025 were . Miss E Cranfr8ld Mrs L Cranfield Mr E Cranfield Trustees Rosponslbllltle8 . The Tru8tee8 are required by Charity Law to prepare accounts eath year. The Trustees are also responsible for maintaining proper accounting records which are sufficient to show and explain all the Chartvs transactions and disdose with reasonable accuracy the financial position at the time. With their advisors, the Trustees carry oui regular reviews of the trusts financ8s and Investments to ensure that sufficient funds are available to fuffil the objects of the trust Obj•¢tiv• of the Charlty The objectives of Ihe charity are general and follow the guidance issued by the Charity Commission on public benefrt. Results . The resutts for the year are set out on page 6, and the value of the charlty assets are shown on page 7 and 9 of this report. The charity made donations of £8.759 during th8 financial year and a list or recipients is sho on page 8 of this port The charity has adequate finances to continue with the aims of the trust, and a strong asset position to provide ongoing revenues. Page 2
The salient features of the report and accounts are as follows . 213. Trustees Report Minutes of Meetings Independent Examiners Report ReiptS and Payments Account Statement of Assets and Liabilities Notes to the Accounts. Portfolio Valuation Bankers . Barclays 8ank PIC Lowestoft, Suffolk HSBC LOYSt0ft, Sufft)Ik Stockbrokers . Charfes Stanley & Co Ltd Norwich & London Solicitors . Moon 8eever London Examining Accountant . Sarah Gray FCA Beccles. Suffolk. 16th September 2025 We the Trustees confirm that have pmmded all documentation and records as required to the Examining Accountant for the production of these accounts and would confimi that these accounts have been revV and adopted by the trustees. Mrs L Cranfield Trustee . 2025 Page 3
Cranfield Charitable Trust (1971) Charity No . 263518 Minutes of the meeting of the Trustees held on the .......................... Present: Miss Emma J Cranfield.. Trustee Mrs L cranrld.' Tnistee Mr E Cranfield.. Trustee 1 .' minutes of the meeting were approved 2 . The Report and Atrxounts for the Year Ending the 15th February 2025 were approved and Adopted 3. The Trustees reviewed the donations made to date and discussed applications for funds 4. The trustees reviewed the account balances and investment performance within the trust and discussed the challenges within investment markets which could continue for some time In addition to the above formal meeting of the trustees, the trustees meet, and speak together informally on other occasions to discuss matters of donations etc. Page 4
Cranfield Charitable Trust (1971) Charity No . 283518 Independent Examinerf Report to th• Trustaes of the Cranfleld Charltable Trust (1971) I report on the accounts of the trust for the year ended 15th February 2025, vthich are set out on pages 6-9 Respectlve Responslbllltles of Trustees and Examlner . As the Charity Trustees you are responsible for the preparation of the accounts ,' You have considered and advised that the audit requirements of the Charities Act does not apply. It is my responsibilFty to state, on the basis of procedures $p8cified by thè Charity Commission8r8, under the Charities Act, bvhether particular matters hav& ome to my attention. Ba818 of Independ•nt ExamIne$ RoporL My examination was carried out in accordanc8 With th8 gen8ral directions given by the Charity Commissioners. An examination includes a review of accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the a¢¢ounts and seeking explanations from the Trustees conceming such matters. The procedures undertaken do not provide all the evidence that would be required for an Audit and consequently I do not express an audit opinion on the view of the account8. Indopondent ExamlnoV8 Statement . In Gonnection with my examination, no matter8 have come to my attention '. Which glves me reasonable cause to believe that in any material respect that the following requirements have not been met '. To keep accounting records in accordance with the Charities Ad. To prepare accounls which accord with the accounting records and to comply with the accounting requirements of the Act. To vAii¢h in my opinion, attention should be drawn in order to 8nable a proper understanding of the a¢¢ounts lo be reached. Sarah ray FCA East Coast Accountants Limltsd Cavendish Annex, Grove Road Beccles, Suffolk Page 5
Cranfield Charitable Trust (1971) Charity No .' 263518 Receipts and Payments Account for th• year ended 15th February 2025 Yr to 15th F•bnMry 2024 Recèlpts . Income Recelpts Investment Incom8lDividends Transfer from Investments 13,242 10,000 14,4TO Total Receipts . Incroaso in investm•nt• 23,242 40,684 63,925 14,470 14,470 Dlrect Charltable Expendlturn . Charltabl• Donatlon• Oonations ( Note 21 8,759 5,542 Investment Paymonts Share Purchase I Sales 10,000 107 Other Costs Legal IAccountancy F8•8 Secretarial l Officè Co8t8 Investment Management Co8t• 100 207 4,439 200 105 4,101 Total Expendlture . 23,506 10,054 Net Expense8 l Recelpts In porlod . 40,420 4,410 Page 6
Cranfield Charitable Trust (1971) Charity No .' 263518 Statement of Assets and Liabilrties as at 15th February 2025 As at 15 Febnjary 2024 Monetsry Assels Cash and Bank BalanGes . Bank Current Account Investment Capital Account 7,467 10.231 20.236 17,699 26.769 Investment Assets .' Assets at Cost ( Note 3) 454. 101 446,807 Total Asset Value '. 15102r25 485.399 435.909 Less '. Liabilities Total Net Assets of Charity At 15th February 2025 . 503.098 462,678 Monetary Reserves Opening Bank I Investment Balance '. Net Expenses l Receipts in period . 462,678 40.420 458,262 4,416 Closing Bank I Investment Balance: 503.098 462,678
Cranfield Charitable Trust (1971) Charity No - 263518 Notos to the Account for the Year Ended 15th February 2025 1. Accountlng Pollcles . (a) Basls of A¢¢ountlng . These accounts have been prepared under the historical cost convention on a "receipts & payments" basis. (b) Investments . Stocks and Shares quoted on regniSed stock exchanges, and other investments are included In the statement of Assets and Liabilities at cost. Comparison between the ortginal c08t of investments and the market value as at the 15th February 2025 are shown at note 3. 2. Charitable Donatlons . The trustees made the following donations during the period of these accounts '. Hourcommunlty 250.0) Peter Ballev 250. Frank Howard 250.00 Krlssy Powley Leukemia Care 400.00 Waveney Bears 400.(KJ Shine 250.00 The Feed 250.CMJ YESU 250.00 steppin8 Stones 250.OJ The Sea8uII 250.1)0 FAYAP 250.00 Leigh Butcher Waveney Tlgers 300.00 Nan5a 250.00 CYDS project 250.00 Ipswlch Communlty Playbus 300.00 Chapel Doors 523.20 Cancer Support UK 250.00 Frlend5 of Albert Pye & Ravensmere 1.310.00 Amanda Peck 650.00 Suffolk Oxygen Therapy Centre 300.00 St Elizabeth Hospice 250.00 Ormiston Families 250.00 Empanda Care 276.00 Dereham Cancer Care 300.00 Worlingham Wolves 250.00 Norwlch Mens shed 250.00 Total Donatlons year to 15th February 2026 8,759 Page 8
Cranfield Charitable Tru•t{ 19711 Chrity No. 263518 Noto 3.. PorNoJknVaI0n •8 •t 15th Febntary 202$ A5 perValuatvJn ¢BtbfvAIEfrcn Charfes Stsnley & Co Lt Ntsof Invesfvnl Pur¢P088 Cost 151021202S 17250 United ngdGoTrrnOrtlrth) 0.625% Snr 16.971 17,m 18876 Vniknl ngdr¢rIGrnunl() 3.75% BDS 10.915 Urrited Snr BDS ¥&987 16,vn 1ts.150 Uted KngdrfGy4wnrneMd) 8DS 14973 9.IIW ngdoGMrnfftit¢AJ 1DX}D Snr BDS 14. 17.733 R•lhbllny UnitYw Rathtone EINcd eoftd 14.929 1$.7 Shd PLC 14352 I7. 310 Unknv Fic 1730 1J.137 7.DJO VodaphThwG Otthr•Ery ShBr 163 VarvJuBrd Inveslmenl Sethes 14.102 la978 16.•q• 11.24S Janu Hendergon Stratsgi¢ 84nd 730 FirstTruStG FthO1 VS Equty Inc4me 4.749 RrstS&iUw ITh 0Ary thore 14.910 f4L 20.112 13.998 1U92 12.Jl3 Art¢mi$ Fund MAngB¢ Inwrnw UrAt4 In¥0 IrK 9.3&1 191& 1270 Seottbsh Mortg•Je Inv Tw¥1 f&976 1438• 2.4W l•hllreJV PLC s&p soo 1993 17,388 7.$10 S&[0k Fuftd Manaws c•Abrtu Eutopè9n lrt¢im& 9.743 20,OLK Nm8ty 08 ZQ.741 11,171 2J,UW Heand Ilubnl S¢Thit Lld 24,Y68 19,759 23,134 uhtt TNIts A&an 4ffle ?&OS3 18,380 400.427 Qoh1mAn SBth• G$&id Equ 11,388 20.$93 Legol & Genwal Gb) Rob 14.993 16.71ts 11.w uaG (Yots vidend •ierf 14917 Br%illieGfvTd 8 Co $1$ 16haFesPhyd Mew 19har49 14.013 15.774 FranJkn Tefflpknton Fur5 FTF Cknbrthe 9.500 HICL IntraBtructrJ Ord 14.979 2.300 Flety UCITD UV US I)Lty Irtsi 36.059 Lyl&GEnBr L&G MthAssoIT4rBqt R¢lum 16.097 .161 17.971 Red pfG 17.L¥7 17.172 416,¥•• Ptyèg