Charity number: 270749
ASHENDENE TRUST
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
ASHENDENE TRUST
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Charity, its Trustees and advisers | 1 |
| Trustees' report | 2 - 4 |
| Trustees' responsibilities statement | 5 |
| Independent examiner's report | 6 - 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 - 20 |
ASHENDENE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2025
| Trustees | Nicholas Michael Hornby |
|---|---|
| James Spence (resigned 8 December 2025) | |
| Camilla Rose Pugh | |
| Charity registered number 270749 Principal office 34 Sackville Street London W1S 3ED Bankers Barclays Bank Plc PO Box 6539 Leicester Leicestershire LE87 2BB Investment Managers Charles Stanley Ropemaker Place 25 Ropemaker Street London EC2Y 9LY |
Page 1
ASHENDENE TRUST
TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2025
The Trustees present their annual report together with the financial statements of the Charity for the year 6 April 2024 to 5 April 2025.
Objectives and activities
a. Policies and objectives
The Trust objectives are to continue the policy of supporting a wide variety of charitable causes.
The trust was originally set up in December 1975 to permit Pusey Gardens to be used as a garden and arboretum for the public and for research in horticulture.
When Pusey House was sold in September 1990, the purpose of the charity changed.
The trust's current purpose is to provide grants to relatively small organisations where the grant will have a real impact.
The trust aims to support the following groups:
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Children/young people
-
Elderly/old people
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Charities/voluntary bodies
The trust supports the following types of organisations:
-
General charitable purposes
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Arts/culture/heritage/science
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Environment/conservation/heritage
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Education/training
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Prevention or relief of poverty
-
Religious activities
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
b. Main activities undertaken to further the Charity's purposes for the public benefit
The main activities undertaken by the Charity is the provision of donations to individuals or charitable organisations.
Achievements and performance
a. Main achievements of the Charity
The gross income of the Trust for the year was £43,992 (2024: £52,273). The Trust made donations during the year in favour of 13 (2024: 18) separate charities to a total value of £23,450 (2024: £44,859).
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ASHENDENE TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
It is the policy of the Trust that funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure. The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Trust's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
c. Financial review
For the year under review, income and expenditure on the unrestricted lncome Funds yielded a surplus of £3,619 (2024: £3,619 surplus), and on the Capital Fund a surplus of £69,758 (2024: £9,813 deficit). The total unrestricted funds surplus carried forward at the year end is £1,106,111 (2024: £1,036,353).
d. Principal risks and uncertainties
The Trustees have assessed the major risks to which the Trust is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
a. Constitution
Ashendene Trust is a registered charity, number 270749, and is constituted under a Trust deed dated 19 December 1975, which stipulates that its income shall be applied solely towards such charitable purposes as the Trustees in their absolute discretion shall determine, and the the Trustees may not be paid any remuneration.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. The Trustees are responsible for the process of recruitment, ensuring that it complies with any requirements set out in the Charity's governing body.
The Trustees interview the short-listed candidates and seess what skills and knowledge they would bring to the board. References, formal vetting and approval by the full Trustee board are required to invite a candidate to join the Trustees.
The Chair, Nicholas Hornby, writes to the prospective Trustee, setting out their duties and expectations. The prospective Trustee signs and returns a copy of the letter. An induction process is arranged and all relevant parties, such as solicitors and accountants, are notified of the new appointment.
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ASHENDENE TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
Plans for future periods
The trust intends to continue to invest its assets in a number of income-producing unitised investments. The aim is to distribute the income from these investments on an annual basis to the various charities as chosen by the Trustees.
Approved by order of the members of the board of Trustees on 30 December 2025 and signed on their behalf by:
Nicholas Michael Hornby
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ASHENDENE TRUST
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2025
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires 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 its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 30 December 2025 and signed on its behalf by:
Nicholas Michael Hornby
Page 5
ASHENDENE TRUST
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2025
Independent Examiner's Report to the Trustees of Ashendene Trust ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2025.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Dated: 30 December 2025
Robert Stokes FCCA, ACA
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ASHENDENE TRUST
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
On behalf of Regulatory Audit Vicarage Court 160 Ermin Street Swindon SN3 4NE
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ASHENDENE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025
| Note Income from: Investments 4 Total income Expenditure on: Charitable activities 7 Total expenditure Net income before net gains/(losses) on investments Net gains/(losses) on investments Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted Income funds 2025 £ 43,992 43,992 29,518 29,518 14,474 - 14,474 3,945 14,474 18,419 |
Restricted Capital funds 2025 £ - - - - - 55,284 55,284 1,032,408 55,284 1,087,692 |
Total funds 2025 £ 43,992 43,992 29,518 29,518 14,474 55,284 69,758 1,036,353 69,758 1,106,111 |
Total funds 2024 £ 52,273 52,273 48,654 48,654 3,619 (9,813) (6,194) 1,042,547 (6,194) 1,036,353 |
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 10 to 20 form part of these financial statements.
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ASHENDENE TRUST
BALANCE SHEET AS AT 5 APRIL 2025
| Note Fixed assets Investments 11 Current assets Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Restricted funds 14 Unrestricted funds 14 Total funds |
256,561 256,561 (3,600) |
2025 £ 853,150 853,150 252,961 1,106,111 1,106,111 1,106,111 1,087,692 18,419 1,106,111 |
457,482 457,482 (7,200) |
2024 £ 586,071 |
|---|---|---|---|---|
| 586,071 450,282 |
||||
| 1,036,353 | ||||
| 1,036,353 | ||||
| 1,036,353 | ||||
| 1,032,408 3,945 |
||||
| 1,036,353 |
The financial statements were approved and authorised for issue by the Trustees on 30 December 2025 and signed on their behalf by:
................................................ Nicholas Michael Hornby
The notes on pages 10 to 20 form part of these financial statements.
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1. General information
The Ashendene Trust is an Unincorporated Charity whose registered address is 34 Sackville Street, London, W1S 3ED.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Ashendene Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The flnancial statements are prepared in sterling, which is the functional currency of the Trust. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2.2 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Investment income is accounted for in the period in which the charity is entitled to receive it, the receipt is propable and the amount receivable can be measured reliably.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
2. Accounting policies (continued)
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.4 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.
2.5 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.6 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
2. Accounting policies (continued)
2.7 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.8 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
3. Critical accounting estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Critical accounting estimates and assumptions:
The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.
Critical areas of judgment:
The main area of judgement for the charity is the valuation of the investment portfolio, although the Trustees consider the estimation uncertainty to be minimal as the valuations are taken from the charity's investment adviser, Charles Stanley & Co. Limited's valuation report.
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
4. Investment income
| Unrestricted funds 2025 £ Income from listed investments 29,600 Investment income - other investments 14,392 43,992 Unrestricted funds 2024 £ Income from listed investments 41,076 Investment income - other investments 11,197 52,273 |
Total funds 2025 £ 29,600 14,392 |
|---|---|
| 43,992 | |
| Total funds 2024 £ 41,076 11,197 |
|
| 52,273 |
5. Analysis of grants
| Grants and donations, individuals and organisations Grants and donations, individuals and organisations |
Grants and donations 2025 £ 23,950 Grants and donations 2024 £ 44,859 |
Total funds 2025 £ 23,950 |
|---|---|---|
| Total funds 2024 £ 44,859 |
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
6. Grants and donations payable
| Unrestricted funds 2025 £ Donations < £2,000 2,450 Maggies Carol Concert 3,000 Badminton Church restoration fund 3,000 UK friends of the Mustique Charitable Trust 5,000 Friends of Shipton Moyne 5,000 The Barn Theatre 5,000 23,450 Unrestricted funds 2024 £ Donations < £2,000 6,250 University of Oxford Development Trust Fund 5,600 Outside in Art 2,805 The Barn Theatre 5,000 LAP 6,000 Bush Theatre Auction 2,200 Maggies Carol Concert 2,004 Horatio's Garden 5,000 Capital Kids Cricket Ltd (2nd of 3 promised) 5,000 Springboard Chippenham 5,000 44,859 |
Total funds 2025 £ 2,450 3,000 3,000 5,000 5,000 5,000 |
|---|---|
| 23,450 | |
| Total funds 2024 £ 6,250 5,600 2,805 5,000 6,000 2,200 2,004 5,000 5,000 5,000 |
|
| 44,859 |
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
7. Analysis of expenditure on charitable activities
Summary by fund type
| Unrestricted funds 2025 £ Governance costs 3,601 Custody Charges 1,967 Grants and donations issued 23,950 29,518 Unrestricted funds 2024 £ Governance costs 3,600 Custody Charges 195 Grants and donations issued 44,859 48,654 |
Total 2025 £ 3,601 1,967 23,950 |
|---|---|
| 29,518 | |
| Total 2024 £ 3,600 195 44,859 |
|
| 48,654 |
8. Analysis of expenditure by activities
| Governance charges Custody charges Grants and donations issued |
Grant funding of activities 2025 £ - - 23,950 23,950 |
Support costs 2025 £ 3,601 1,967 - 5,568 |
Total funds 2025 £ 3,601 1,967 23,950 |
|---|---|---|---|
| 29,518 |
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
8. Analysis of expenditure by activities (continued)
| Grant funding of activities 2024 £ Governance costs - Custody charges - Grants and donations issued 44,859 44,859 9. Independent examiner's remuneration Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts |
Support costs 2024 £ 3,600 195 - 3,795 2025 £ 3,600 |
Total funds 2024 £ 3,600 195 44,859 |
|---|---|---|
| 48,654 | ||
| 2024 £ 3,600 |
10. Trustees' remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) . During the year ended 5 April 2025, no Trustee expenses have been incurred (2024 - £NIL) .
11. Fixed asset investments
| Cost or valuation At 6 April 2024 Additions Revaluations At 5 April 2025 |
Listed investments £ 590,500 207,367 55,284 |
|---|---|
| 853,150 |
The investments have been measured at open market value through the investment managers report.
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
12. Creditors: Amounts falling due within one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | 3,600 | 7,200 |
13. Financial instruments
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Financial assets | ||
| Financial assets measured at fair value through income and expenditure | 256,561 | 457,482 |
Financial assets measured at fair value through income and expenditure comprise the bank accounts and the investment capital bank account.
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
14. Statement of funds
| Statement of funds - current year Balance at 6 April 2024 £ Unrestricted funds Income Fund 3,945 Restricted funds Capital Fund 1,032,408 Total of funds 1,036,353 |
Income £ 43,992 - 43,992 |
Expenditure £ (29,518) - (29,518) |
Gains/ (Losses) £ - 55,284 55,284 |
Balance at 5 April 2025 £ 18,419 |
|---|---|---|---|---|
| Unrestricted funds Income Fund Restricted funds Capital Fund Total of funds |
||||
| 1,087,692 | ||||
| 1,106,111 |
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
14. Statement of funds (continued)
Statement of funds - prior year
| Balance at | Gains/ | Balance at | |||
|---|---|---|---|---|---|
| 1 April 2023 | Income | Expenditure | (Losses) | 5 April 2024 | |
| £ | £ | £ | £ | £ | |
| Unrestricted funds | |||||
| Income Fund | 326 | 52,273 | (48,654) | - | 3,945 |
| Restricted funds | |||||
| Capital Fund | 1,042,221 | - | - | (9,813) | 1,032,408 |
| Total of funds | 1,042,547 | 52,273 | (48,654) | (9,813) | 1,036,353 |
| Summary of funds | |||||
| Summary of funds | - current year | ||||
| Balance at 6 | Gains/ | Balance at 5 | |||
| April 2024 | Income | Expenditure | (Losses) | April 2025 | |
| £ | £ | £ | £ | £ | |
| General funds | 3,945 | 43,992 | (29,518) | - | 18,419 |
| Restricted funds | 1,032,408 | - | - | 55,284 | 1,087,692 |
| 1,036,353 | 43,992 | (29,518) | 55,284 | 1,106,111 | |
| Summary of funds | - prior year | ||||
| Balance at | Gains/ | Balance at | |||
| 1 April 2023 | Income | Expenditure | (Losses) | 5 April 2024 | |
| £ | £ | £ | £ | £ | |
| General funds | 326 | 52,273 | (48,654) | - | 3,945 |
| Restricted funds | 1,042,221 | - | - | (9,813) | 1,032,408 |
| 1,042,547 | 52,273 | (48,654) | (9,813) | 1,036,353 |
15. Summary of funds
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ASHENDENE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
16. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Unrestricted funds 2025 £ Fixed asset investments - Current assets 22,019 Creditors due within one year (3,600) Total 18,419 |
Restricted funds 2025 £ 853,150 234,542 - 1,087,692 |
Total funds 2025 £ 853,150 256,561 (3,600) 1,106,111 |
|---|---|---|
Analysis of net assets between funds - prior year
| Fixed asset investments Current assets Creditors due within one year Total |
Unrestricted funds 2024 £ - 11,145 (7,200) 3,945 |
Restricted funds 2024 £ 586,071 446,337 - 1,032,408 |
Total funds 2024 £ 586,071 457,482 (7,200) 1,036,353 |
|---|---|---|---|
17. Related party transactions
During the year the charity made a donation of £5,000 (2024 - £5,000) to the The Barn Theatre Project, which has a common trustee, Mr Hornby.
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