The Truemark Trust
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 April 2025
Charlty Number. 265855

Contents
Pag8
Legal and administrative infomiation
Trustsos annual report
Independent audito￿9 report
Statement of flnancial actfvltles
SLitement of flnanclal posillon
10
Notes to the accounts
11-17

THE TRUEMARK TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs J Hayward, Senior Trustee
Mrs S Knight, Honorary Treasurer
Ms J Dunham
Mrs S Vening
Mr S Collins
Mr P Summerfield
Auditors
Branston Adams
Chartered Certffied Accountants
Suite 2 Victoria House
South Street
Famham
Surrey
GU9 7QU
Prfnclpal registered add￿$$
Clare Pegden
Administrator
POBox2
Liss
Hampshire
GU33 6YP
Charlty Reglstratlon Number
265855
8ankep8
Cazenove and Co Limited (Cazenov6)
1 London Wall Place
London
EC2Y SAU
Sollcltors
Moore Bartow
The Oriel
Sydenham Rd
Guildford
GU13SR
Investment Advlsors
Cazenove Capital Management (Cazenove)
1 London Wall Place
London
EC2Y SAU

THE TRUEPAARK TRUST
ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 April 2025
The Trustees present their Report armd Accounts of the Charity for tt)e Year ended 5 Aptil 2025.
The financaal statements have been wepared in accordance with the accounting poli¢ies sel out in
note 1 to the acs)unts and o)mply the charitys trust deed, the Charities Act 2016 and
Accounting and Reporting by Charittes: Statement of Recommended Pradice applicable to tharities
preparing their accounts in accordance with the Financial Reportyng Standard applicable in the UK
and Republi¢ of Ireland published on 16 July 2014.
1. STRUCTURE. GOVERNANCE AND MANAGEMEKr
The Truemark Trust is an unincorporated Trust created by a Trust Deed dated 9th Ayil 1973. tt ts a
Registered Charity. number 265855.
The Trustees who served the Chaiity during the year there &s follows:
Mrs J Hayward, Senior Trustee
Mrs S Knight, Honorary Treasurer
Ms J Dunham
Mrs S Venir
Mr S Collins
Mr P suMmerf￿1d
The Truemark Trusys Trustees are elected by a majortty vote of all the Trustees. In the past ten years
our policies WKJ procedures for inductton arKI training of our Trustees have been c£lled into play in six
cases.
In general, our policy is to seek potential Trustees vtho. a) come highly recommended by more than
one referee already known to the Trustees. or b) are known alr&￿Y to one or more Truste8S to be
lik￿minded in tenns of our objectives and ￿tIVitieS (see 2 below} armj who at the same time are ablo
to contribute thLyr knowtedge and experience of the areas from where our income is derived (see 4
bebw).
The prcmzdure is for the potential trustee to be fi￿1 interviev￿￿ by the senKJr tnJstee and the treasurer
and then, after diS¢l￿s1on of Ihe issues and accountabilities relating to our part of the charity world. he
or she will be invited - subject to mLrtual agreement- to attend our next three or four quarterly
meetings as our guest. The T￿￿tee$ ￿11 then discuss the appointrnent and vot8 on It. Provided the
majority are in favour the Senior Trustee will then invite our guest to fomialty attend our next meeting
and o)mplete the necessary drxumentatton as a new Trustee. In tern￿ of training and getting familiar
with our work. they are referred to the Trust Deed. we ha￿ developed a Yrustee's questions'letter.
and we recommend that all Trustees shoukl vistt the Chartty Commission's website at
www.char
commission.
ov.uk from time to time to acquaint themselves with the guidelines for
Twstees. the public character of charity, the emergen￿ of new charitable purposes, charities for the
relief of sickness, etG. In addTtion, we ty to make opportunitses for a new trustee to 'shadoW' a mor8
experienced trustee. possibly alongside our professional advisors. as we are constanuy seeking to
optimise parbcular aspects of our operations (see 2, 3. 4 and 5 bekm)
2. OBJECTIVES. AcnvmES, RISK MANAGEMEKf AND RESPONSIBILMES
The Trust's purpose is to make grants to other c*aritable bodies for the relief of all kinds of social
distress and disadvantage. There has been no material change in the Trust's policy of making
donations to mostly small local Charities dealing with all kinds of disadvantsge, wilh preferences to
neighborhood-base(I communty projects and for innovatory work with less FK)pular groups.

The routine business of the Trust conlinues to be carrie(l out on a voluntary basis by the Senior
Trustee, the Honorary Treasurer and four ftjrther Trustees. During this year the Trusys Auditor has
also agreed to assist in an advisory capacty. A part-time Administrator assists them. There are
currently six Trustees in total. Decisions on Grants and the management of the Trusys assets
continue to be made by the Board of Trustees as a whole at regular meetings.
As Trustees of the Ttuemark Trust we are duty bcmjnd to demonstrate not only competence,
challenge, and knowtedge of chanty affairs, but to make ourselves aware of any significant risks
which the Charity may face on a regular basis and to ensure that the annual review of our financial
and operational affairs carried out through our intemal discussions and audit programme will provide
sufficient resources to ded with any adverse conditions.
As to any fresh and significant risks and responsibilities whith Ihe Charity may face in the future, we
have been concemed Ihat°digital continuiV of documents (that is the ability to US8 our informatlon
In the way we need. for as long as we need) and the availability of two signalmres re cheques and
other legal documents can both be put at risk by death. accident, thanges in organisation.
management. processes. technology. holidays, or travel. In practical terms. our informatlon is only
usable rf we can find TL open rt. work with i( understand It and trust it.
In order th8r8fore for us to malntsin information (x)ntinuity and th8 ability to do our business, we
ensuro that our Administrator acts as a hub for all infonnation, and in case of accident that her
infomiatlon system will be understood and accessible to at least one named Trustee.
The Trust88s hav8 assessed the disclosures made in the Trustee's reFM)rt and consider that these
SLrfidenlly datail the slgnffjicant actlvib'es undertaken in order to cary out the charity's aims for the
public benefit. When planning the Charity's activrties, the Trustees hav& given regard to the Charity
Commisslons guFdance on public benefit.
3. ACHIEVEMENTS AND PERFORMANCE
In the year endlng 5th April 2025, the Truemark Trust made:
87-grdnts totaling £467.500. giving an average grant of £5.374 (compared to the year endlng
5th April 2024: 62 grants totaling £316,5fy) givirvJ an average of £5,105 per grant)
A detailed list of grants and loans made in the year is induded in note 5 of the attathed accounts.
Hislorlcally the Trustees met quarterly but mre reguLgr meetings have tsken place slnce the CovSd
19 Pandemic to ensure a swifter distribution of funds and there are no plans for this to change.
The TTUStees feel that th￿r obiectsves have been adequatety met this year.
However the Trustees are aware that there are extemal factor5 which could affect the achievements
of their objectives. In respect of investments these are dependent on the genepl perfomiance of the
UK rnarkets. In order to minirnrze this, the Trustees have set prudent Investrnent policies and pla
reliance on the tethnical exportise and foresght of investment managers to monitor and adwse
on necessary investment changes and suitable asset allcKations.
Ther8 are no restrictions on the Chali￿S power to invest The investrnent strategy is set by the
Twstees arNY takes into account income requirements. the risk profile and the investrnent managerfs
view of the market prowects in the medium temi. The overall investment policy is to maximize total
return.
DurirvJ the year Ihe tharity has Kxjthlios of investrnents managed ty Cazenove.
The investrnents market value as at 5 April 2025 £543.012 (5 April 2024 of £373.487).

Overall the investment portfolio has maintained performance and the investments are boing made in
accordance with the Trustees, investrnent policy s8t out above.
The Trustees a￿ satisfied with the overall performance of the investments and remain satisfied that
their investment objectives are being mgt and their policy is being achieved.
4. FINANCIAL REVIEW
The Twsys strategi¢ income policy is to increase both the capital value wherever possible and the
inccme of its assets and to achwe the maximum distribution of income consistent prudent
management. As an endowed Charity. the Trust has never madè an appeal for funds. The Trust's
income continues to derive from residential properties. from charitable common investment funds and
from bank interest.
In re￿nt years the government reduced our dividend income by taxation and introduced legislation
that has steadily added to our residential property costs over and abovg inftation. and thus to the level
of reserves required to maintain the Propert5es both to a satisfactory standard and to ensure that they
meet ujrrent regulatory requirements. Accordingly, we continue to carefully review the performan
of our residential properties (see 5 below), and whilst we keep infornied about our Investment Fund
Man8geTS' policies we ￿ntinUe to be satisfied with their overall performance.
The Twstees confirm that all the Trust's investments are in line with the original deed, being in ett)Ical
commn investment funds. and Ihe Trustees have been advised by their Fund Managers that our
indirect exposure is less than 50h in ar8as of concem e.g. tobacco. am￿ments etc.
After making appropriate enquiries. the Trustees have a reasonable expectation that the charity has
adequate resources to continue in operational existence for the fo￿Seeable future. For this reason
they continue to adopt the going concern basis in preparing the financial ststements.
5. PLANS FOR FUTURE PERIODS
During the year under review, in conjunction with our respective managers. we have continued our
previously established strategic approach to the indivldual and collective Strengths. Weaknesses,
Opportunities and Threats, in respect of all our inveslment funds and residential properties.
As alluded to in last year's report consideration to forning a new CIO was high on Ihis year's Agenda
and after much discussion, research and support from the Trust's Legal and Financial Advisors the
Trustees are delighted to confimi that the Truemark Trust and Tho Inlight Trust will merge into a
newly fomiod CIO called the Truelight Trust with 8ffect from 6th April 2025. This will therefore be the
last Annual Report for The Truemark Trust
Considerable thought was given tr) the new CIO and in parbcular the need to continue with the ethos
of the original Trust to ensure the Founders wishes remain at the forefront of how the new CIO ￿11
function and areas they wish to support. All parties ￿nnected wtlh the newly created CIO are very
happy that this has been achieved
We have continued with our more attentive approach to residential properties; we continue to dispose
of selected older properties in which there are no longer Regulated Tenants, in favour of acquiring
more modem properties.
6. STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Charty's Trustees are responsible for preparing the Trustees Annual Report and the financlal
statements in accordance with applicable law and UK accounting standards (UK Generally Accepted
Principles).

The law applicable to charities in England and Wales require5 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 for the charity for that period. In preparing
these financial statements. the Trustees are requlred to".
select suitsble accounting policie5 and then apply them consistenlly.
observe the methods and principles of the Charities Statement of Recommanded Praclice
(SORP).
make judgments and estimates that are reasonable and prudent;
state whether appSicable accounting standards have been folbw8d, subject to any material
departures disclosed and explained in the financial statements and
prepare the financial statements on the going concem basis unless it Is Inappropriate to
presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the
financial statements ￿mplY with the Charities Act 2016, the applicable Charities {Accounts and
Reports) Regulations, and the provisions of the Trust deed. They are also responsible for
safegu8rding the assets of the tharity and taking r&3sonable steps for the prevention and detection of
fraud and other irregularities.
The trustees are responsible for the Maintenan￿ and integrity of the charrty and finan￿al infomiation
included on the charity's website in accordance with legislation in the United Kingdom goveming the
preparation and dissemination of financial ststements.
7. DISCLOSURE OF INFORMATION TO AUDITORS
In so far as the Trustees a￿ aware:
there is no relev£nt audit information of which Ihe charity's auditors are unaware,. and the
TTUStees have laken all steps that they ought to have Lqken to make
themselves aware of any relevant audit information and to establish that the auditors are
aware of that infomiation.
. INCORPORATION OF THE CHARITY
Subsequent to the year end. on 5 April 2025, The Truemark Trust (Charity Numbar 265855)
transferr8d its assets. liabilities, and ongoing activities to a newly 8Stablished Charltable Incorporated
Organisation (CIO). The Truelight Trust (CIO Number CE037216).
The transfer was made in accordance with the governing document of The Truemark Trust and
relevant Charity Commission guidance. The purpose. charitable objectives. and acttvities of the
charity continue through the CIO.
The Trustees of the new CIO are substantially the same as those of The Truemark Trust, ensuring
continuity of governan￿ and management. The Truemark Trust ￿51 be fomally removed from the
Register of Charitiès following completion of tha ne￿SSary statutory procedures.

Signed on t￿half of the Trustees of The Truomark Trust by
Date

Independent Auditorfs report to the Trustses of The Truemark Trust for the year ended 5 Aprll
2025
We have audited the financi81 stat&ments of The Truemark Trust for the year ended 5 April 2025 set
out on pages 8 to 17 which have been prepared on the basis of thè accounting policies set out on
page 10. The financial reporting framework that has been applied In their preparation bs applicable law
and United Kingdom accounting standards (Uniled Kingdom Generally Accepted Accounting
Practice).
Thts report is made solety to the charfvs Trustees as a body. in accordance with Section 144 of the
Charities Act 2016 and the regulations made under Section 164 of that Act. Our audit work has been
undertaken so that we might state to the chariVs trustees those matters we are required to state to
Ihem in an auditorfs report and for no other purpose. To the fullest extent pem)itted by law, we do not
accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body.
for our audtt work, for this report. or for the opinions we have fomied.
Respective responslbilities of trustees and audltor
As explained rn0￿ fully in the statement of trustees. responsibilities, the trustees are responsible for
the preparation of the financial statements and for being satisfied that they gwe a true and fair view.
We have been appointed as auditor under section 144 of the Charities Act 2016 and report in
accordance with regulations made under sectton 164 of that Act. Our responsibility is to audit and
express an opinion on the financial statements in accordance with applicable law and Intemational
Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing
Practices Board's ethical standards for auditors.
Scope of thè audlt of the financial sLitsments
An audtt involves obtaining evidence about the amounts and disclosures In the financial ststements
sufficient to give reasonable assurance that the financial statements are free from material
mtsstatemenL whether caused by fraud or error. This includes an assessment of: whether the
accounting policies are appropriate to the group's circumstan¢es and have been consistently applied
and adequately disclosed., the reasonablaness of significant accounting estimates made by the
Trustees. and the overall presentation of the financial ststements. We read all the information in the
report of Twstees to identity material inconsistencEes with the audited financial statements. If we
become aware of any apparent material misstaterrents or inconsistencies, we consider the
implications for our report.
Opinion on financlal statements
In our opinion the ftnancial statements:
give a tnje and fair view of the state of the charity's affairs as at 5 April 2025 and of the chartWs
incoming resources and application of resources. for the year then ended.
have been properly prepared in accordan￿ United Kingdom Generally AC￿pted
Accounting Practice and
have been prepared in accordance with the requirements of the Charitres Act 2016.
Platters on whlch we are requlred to report by exception
We have nothing to report in respect of the following matters where the Charities Act
2016 requires us to roport to you if. in our opinion:

the infomiation gfven in the report of Trustees is inconsistent in any material respect wilh the
financial statements-
sufficient aC￿unting records have not been kept;
the financial statements are not in agreement with the accounting records and retum8 and
we have not re￿Ived all the information and explanations we require for our audii.
Emphasls of matter- Subsequent Incorporatlon
We draw attention to Note 16 & 17 of these financial statements, which describ8S, that subsequent to
the year end, The Truemark Trust transferred its undertaking, including all assets and liabilities, to a
newly incorporated Charitable Incorporated Organisation, The Truelight Trust (CIO Number
CE037216) on 5 April 2025.
Our opinion is not modlfied In respect of this mattèr.
Paul Branston Adams Isenlor Statutory Audltor)
For and on Behalf ol Branston Adams
Statutory Auditor8 and Chartered Certlflod Accountants
Sulte 2 Vlctorla House
South Street
Farnham
Surrey
GU9 7QU
7 January 2026
Date

The Truemark Trust
Statement of Financial Acthiltles
For the year ended 5 Aprll 2025
2025
2024
INCOMING RESOURCES
hwestrnent Income
hterest Receiwable
Rental InC￿le
18,916
24,457
17,305
589.126
849.152
TOTPL INCOMING RESOURCES
868.068
630.888
RESOURCES EXPENDED
Costs of generating funds:
Rental exp8ns8S
Charttable activities
Govemance costs
nagement and adminlsratk)n
386,451
467.5CK)
184,241
316,500
70.247
190,245
TOTPL RESOURCES EXPENDED
924,198
690,986
NET RESOURCES EXPENDED BEFORE ASSET DISPOSPL
(56.130)
(60.098)
Gainsl(Loss) CY) disposals of property assets
Gain￿(Lo$S) on disposals of Investrnent assets
NET RESOURCES EXPENDED BEFORE REVPLUATIONS
{56,130)
(60,098)
Gainsl(Loss) on revaluations of property assets
Gainsl(Loss) on revaluatic￿S of investment assets
(28.515)
10,039
NET MOVEMEKf IN FUNDS FOR THE YEAR
(84.645)
(50,059)
Total funds at 1 fvpril 2023
17.795,301
17,845,360
TOTPL FUNDS AT 31 MPRCH 2024
17.710,656
17,795,301

The Truemark Trust
Statement of Flnanclal Positlon
As at 5 April 2025
2025
2024
Note
FIXED ASSETS
Tangible assets
Investm8nts
17,115.000
543.012
17,658,012
17,115,000
373,481
17,488,481
10
CURRENT ASSETS
Debtors
Cash
11
6,000
51,444
57,444
6.000
305.620
311,620
CREDITORS: amounts falling due
. wtthln one year
12
(4.800)
(4.800)
NET CURRENT ASSETS
306,820
TOTPL ASSETS LESS CURRENT
LIABILITIES
17,710,656
17,795.301
THE FUNDS OF THE CHARITY
Unrestricted Income funds
13
17,710.656
17.795,301
TOTPL FUNDS
17,710.656
17.794301
The financial statements were approved by the Trustees on ......
2026
and Nvere signed on their behalf by:
Mrs Judy Hayymrd
io

Notss to the finan¢lal statements
For the year ended 5 April 2025
1. ACCOUNTING POLICIES
a) Basls of preparatlon and Going concern
The financial statements have been preparad in accordance with the Statement of
Recommended Practi￿. Accounting and Reporting by Charities preparing their accounts in
accordan￿ with the Financial Reporting Standard appllcable in the UK and Republic of
Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in
the United Kingdom and Republic of Ireland {FRS 102) and the Charities Act 2016.
The trustees consider that there are no material Un￿rtaIntieS abjut the Trust's ability to
continue as a going conc8m.
b) In￿mIng rnsources
Income comprises gross investment income. deposit interest and property revenue.
All incoming resources are included In the Ststement of Financial Activities when th& charity
has entiuement to th8 funds, certainty of re￿Ipt and the amount can be measured
sufficient reliability.
c) Resourcos expended
Rèsources expended are included in the Statement of Financial Activities on an accrua15
basis, inclusive of any VAT which cannot be reu)vgred. All expenditure has been classrfied
under headings that aggregate all costs related to the category. Costs that cannot be directly
attributed to particular headings have been allocated to aclivilies on a basis consistent with
use of resources.
Grants payable are only recognised in the accounts when a commitment has been made and
there are no conditions to be met relating to the grant which remain in the control of the
charty.
d) Fund accounting
Funds held by the charity are unrestricted general funds. which are available for use in
accordan￿ with the charitable objects at the discretion of the Trustees.
e) Tanglble flxed assets and depreclation
Freehold investment properties are Frofessionally valued every fwe years, which is in
accordance with recommended pract￿. In intervening periods. investment properties are
shown at market value based on the trustee's review.
The last professional valuation took pla￿ March 2022.
Leasehokl properties are shown at market values allowing for the length of tenn remaining on
the lease and are professionally valued every five years. The last valuation took place March
2022.

No depreciation is provided on freehold or leasehold propertios as they are held as investrnent
properties and recorded at market value.
fj Flxod asset investmonts
Investments are a form of basic financial instrument and are inTtially recognised at their
transaction value and subsequently measured at their falr value as 8t the balan￿ sheet date
using the closing quoted market pri￿. The statement of financial activlties indudes the net
gains and losses arising on revaluation and disposals throughout the year. The Trust does not
acqulre put options. derivatives or other complex financial Instruments. The main fomi of
financial risk fa￿d by the charity is that of volatillty in equity markets and investrnent marf(ets
due to wider economic conditions, the attitude of invostors to investment risk. and changes in
sentlment concerning equities and within particular s8Ctors or sub sectors.
g) Reallsed galns and108ses
All gains and losses are tsken to the Statement of Financial Activities as they 8risa. Realised
gains and Ios50s on investments are calculated as the diff8rence between sales proceeds and
their openlng carying value or their purchase value if acquired subsequent to the first day of
the financial year. Unreallsed galns and Ioss8s are calculated as the difference be￿en the
falr value at the year end and thelr carrying value. Realised and unrealised Investment galns
and losses are combined in the Statement of Financial Activities.
h) Assets and Ilabllltle8
Current assets are included at the lower of cost 8nd net reallsable value. Liabililies are
generally recognised as soon as there is a legal or constructive oblig8tlon committlng the
charlty to the expenditure. Liablllties are induded at their settlement value.
I INVESTMENT INCOME
2025
2024
UK quoted investrnents
3. INTEREST RECEIVABLE
2025
2024
Interest receivable
4. RENTAL EXPENDITURE
2025
2024
Community charges and general rates
Agent's fees
Repairs and maintenance
Light & heat and insurance
21.516
97.466
234.958
25,333
66,244
69.276
184,241
12

5. GRANTS PAYABLE
2025
2024
Grdnts
316.500
Grants were made as follows in the year ended 5 April 2025:
2025
1110612024 8 Alton Scouts
1110612024 Age Concem Cheshire
1110612024 Conquest Arts
1110612024 A Band of Brothers- Leamington Spa
1110612024 Co Active Arts
1110612024 Freedom Community Alliance
1110612024 Dartmouth Caring
1110612024 Soaety for Horticultural Therapy
1110612024 Young People Taking Action
1110612024 Families First st Andrews
1110612024 Rocking Horse Children's Charity
1110612024 Soud Café Leicester
1110612024 Serve Rushden
1110612024 Ruddi's Retrear
1110612024 Prisoners Abroad
0710812024 York Neighbours
0710812024 Living Hope
0710812024 Disabled Persons Housing Service
0710812024 Liss Community Association
0710812024 Dad's House Wandsworth
0710812024 Gifted Women
0710812024 Saffires Project
0710812024 Caberfeidh Horizons
0710812024 Lighthouse Family Trust
0710812024 Isly & Jura Community Enterprfse
0710812024 Pearf Exchange
0710812024 Dovetail Orchestra
0710812024 Time Away
0710812024 King'5 Arms Youth Project
0710812024 Butteffly Twst
0811112024 Caring Breaks
0811112024 Kind (Scotland)
0811112024 Mamialade Trust
0811112024 Okehampton Community Transport
0811112024 Dog Assistan￿ in Disability
0811112024 Lunch on the Run
0811112024 Sdent Sharks Wheelchair Rugby Club
0811112024 Mwr Allerton Elderly Care
0811112024 Communkity Fumiture Store
0811112024 Abbey School (famham) Twst
0811112024 Refresh Carers Leeds
2011212024 Downs Syndrome Development Trust
2011212024 Befriend A Child
5,000
4,000
5.000
7,000
5,000
7,000
1,000
5,000
5.000
3,000
4,000
7,000
5,000
7.000
5,000
3.500
7,000
5,000
8.000
5,000
2,000
7.000
5,000
3,000
5.500
5.000
3.000
5.000
6.000
3.000
5.000
12,000
5.000
5,000
12.000
3.000
5,000
4,000
5,000
5,000
12.000
5,000
2,000
13

2011212024 Prison Radio Association
2011212024 Transformation CPR
2011212024 Trauma Informaed Parenting
2011212024 Dro1￿ICh AED
2011212024 Annexe Communities
2011212024 18 & Under
2011212024 Grace Organisab'on
2011212024 Jewish Council for Racial Equality
2011212024 Whitton Youth Partnership
2011212024 KLSB Communlty Group
2011212024 Givlng Hands Missions
2011212024 Purfeet Trust
0610212025 Milan Lunch & Social Club
0610212025 Talking Money
0610212025 Teams & Bensham
0610212025 Youth on the Move
0610212025 Bristol Women's Voice
0610212025 23rd Bromley Scout Group
0610212025 Blooming Blossoms Trust
0610212025 Ruby's Fund
0710312025 Engage Wtth Age
0710312025 Order Art Therapy
0710312025 Glasgow City Mission
0710312025 Aghalee Willage Hall
0710312025 Glasgow Children's Holiday Scheme
0710312025 Create Bolton
0710312025 Leys Get Gn)wing
0710312025 Trellis Scotland
0710312025 Wilow Trust
2110312025 Prodigal Arts
2110312025 Community Housing Plus
2110312025 Ark of Hope Foundation
2110312025 Bow Foodbank
2110312025 Asylum Welcome
2110312025 Tipton Foodbank
2110312025 Counselling Hub
2110312025 Scampps in Surrey
2110312025 Thirsk Youth Club
2110312025 British Disabling Angling
2110312025 Lothian Autistic Society
2110312025 Buckingham Winslow & District
2110312025 NoDNich Mens Shed
5.000
5.000
3.500
4.000
2.500
2,000
2,500
3.000
8,000
5,000
5,000
5,000
2.000
2.000
7,000
5.000
4,000
7,000
6.500
7.000
3.000
4.LKIO
5,CKIO
5.000
10.000
3.000
6.000
10,000
10,000
10.000
5,000
8.000
5,000
2,500
7,000
10.000
10,000
3,000
10.000
2,000
10.000
10,000
467,500
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6. GOVERNANCE COSTS
2025
2024
Management and admlnlstration costs
Professlonal and legal fees
Accountancy fees
Audit fees
Staff salarles
Pension costs
Insurance
Travel, stationery, postage and office expenses
24.060
2.628
2.940
36,233
808
299
150,928
2,616
2.880
27.574
638
299
5,310
190.245
70,247
7. TRUSTEES
Non8 of tha Trustses or any persons connected wlth them recelved any remuneration during the
period. Five Trustees and one employee wer8 reimbursed a total of £3.279 (2024 - £5,310) for
travel, stationery, postage and office expenses.
STAFF
The 8V8rage number of person's employed during the year was 1 (2024- 1)
2025
2024
Staff costs wora as follows:
staff salaries
Social security costs
Pension costs
32.434
3.799
808
26,615
959
638
No Employee or Trustee re￿iVed emoluments above £60,000.
9. TANGIBLE FIXED ASSETS
2025
2024
Freehold and leasehold Investment property
As at 6 April 2024
17,115.000
10,615.000
Additions
Dlsposals
Revaluations
6.500,000
Balance as at 5 April 2025
17,115,000
17,115,000
Properties are freehold and leasohold and were last professionalty valued during March 2022 on
an open market value basls subject to the tenancies subsisting at the valuation dats and the
leasehold terms remaining.
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Trustees have confirmed that the value shown accurately reflects the properties at market value,
In accordance with the charity's accountlng policy.
10. INVESTMENTS
2025
2024
Invastments Valuatlon
Market value a5 at 6 April 2024
373.481
508,673
Additions
Disposals
Revaluations
198,046
(145,231)
10.039
128.515)
Market value as at 5 Aprll 2025
543,012
373.481
The charity held the following materfal UK investment portrolios as at 5 April 2025".
2025
Materlal UK Investments
Cazenove Sustalnable Multi-Asset Fund
Caz8nove Charity Multi-Asset Fund
348,288
194.724
Market value as at 5 April 2025
543012
11. DEBTORS
2025
2024
Trade debtors
Other debtors
12. CREDITORS: Amounts falllng due wlthln one year
2025
2024
Accruals
4,800
4,800
4.800
4,800
13. FINANCIAL COMMITMENTS
At 5 April 2025 the charity had no financial commitments (2024 - £Nil>
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14. RELATED PARTY TRANSACTIONS
There were no related paty transactions in the year. (2024 - £Nil)
15. TAXATION
Tho Truemark Trust is a registered charity and therefore is not liable to income tax or corporation
tax on income derived from its charitable activities, as it falls within the various exemptions
available to registered charibes.
16. GOING CONCERN
The financial statements have been prepared on a going concern basis. The Trustees have
assessed the charity's ability to continue as a going concern and are satisfied that this basis
remains appropriate.
With effect f￿M 6 April 2025, the adtwties, assets and liabilities of The Truematk Trust will be
transferred. together with those of its sister charity The Inlight Trust. into a newly incorpordted
Charitab￿ company. The Twelight Trust Limited (company number CE037216).
The Trustees have ¢onsidered the reSoUr￿S available to the newly incorporate(I charity and are
satisfied that there are no material uncertainties that cast significant doubt on tha ability of the
charitable activities to continue. On this basis. the Trustees consider it appropriate to prepare the
financial statements on a going con¢em basis.
17. SUBSEQUENT EVENTS
On 6 April 2025, the actiVFbes. assets and liabilities of Thè Truemark Trust wer8 transferred to
The Truelight Trust Limited (company number CE037216). a newly incA)rporated charitable
company. At the same time, The Inlight Trust, sister charity, was also incorporated into the new
entity.
Followng this transfer, The Ttuemark Trust has ￿aSed to operate as an unincorporated charity,
th all future activities being undertaken by The Truelight Trust Limited.
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