| Annual Report for 2025 | Annual Report for 2025 | |
|---|---|---|
| Trust Name: | MENDLESHAM EDUCATION FOUNDATION | |
| Charity Commission No. |
271762 | |
| Clerk to the Trustees | Mr. Mike Favager, 2 The Old Orchard, Front Street, Mendlesham, STOWMARKET, Suffolk. IP14 5TY |
|
| Trustees for 2025 | Mr. D. Nunn (Chairman) |
Nominative appointed by Mendlesham Parish Council |
| Rev. P. T. Gray (V.Chairman) | Ex Officio | |
| Mr. R. M. Fenning | Nominative appointed by Mendlesham Parish Council |
|
| Mrs H. Orton | Nominative appointed by Mendlesham Parish Council |
|
| Mrs L Daniels | Co-optative. | |
| Mrs S Evans | Co-optative. |
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| Mrs S. Carter | Co-optative. | |
|---|---|---|
| Mr S Crooks | Co-optative. | |
| Mr M Brennan | Co-optative. | |
| The Trust is administered by the appointed Trustees. The Trustees give their time voluntarily; the clerk is given an annual allowance. |
||
| Terms of Office | The terms of office for our Trustees is set out in the Charity Commission Scheme dated 26thSeptember, 1983. |
|
| Assets | The Charity owns several parcels of land (37.448 acres) currently rented to Messrs H. E. Knock and Son, Juby Bros. and new tenant Mr C. Lambert Old School House – Tenant Mrs. D. Lambert. The Old School Room – Hired out as a meeting room. The trustees wish to thank Mrs. Daphne Lambert for her many years of looking after and managing the bookings for the Old School Room, Mrs Lambert has now retired from that role and was presented a certificate of thanks from the Trustees. The management and booking of the OSR is now completed online. |
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| Performance in 2025 | During the year educational grants totalling £16,070.00 have been distributed to 27 students. A further £13,470.00 in grants were made to village youth organisations and Mendlesham Primary School. The trust maintains a pledge of £6000 towards the new Scout Headquarters building to be sited at Mendlesham Green. Four meetings were held during the year in the Old School Room, The trust maintains its registration for Data Protection with the ICO. |
|---|---|
| Investments | The Foundation continues to have its portfolio managed by Kingsfleet Wealth. The portfolio of investments remains with 7IM. Part of the portfolio is invested for growth and the dividends on the remainder are paid monthly as income to support the grants made for education and village youth organisations. The portfolio valuation at the end of 2025 has shown an increase in value throughout the period. |
| Maintenance of Assets | The Old School Room was partially redecorated (Main Room and Kitchen). With new blinds fitted in the larger room. A wall heater was replaced and a new hot water heater in the kitchen was installed. A smart electric meter was also fitted during the early part of the year. |
| Financial Reviews | The financial advisor, Mr. Colin Low of Kingsfleet Wealth Management, delivered a financial update during the period. |
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| Mendlesham Educational Foundation | Mendlesham Educational Foundation | Mendlesham Educational Foundation | Mendlesham Educational Foundation | Mendlesham Educational Foundation | |||||
|---|---|---|---|---|---|---|---|---|---|
| Account for year ended | 31st December, 2025 | ||||||||
| 2025 | Income for 2025 TSB BIA and Club Accounts | Record | £ | 2025 | Expense for 2025 | Record | £ | ||
| Jan | Student Grants - Winter | Chq | 5,475.00 | ||||||
| Jan | 7IM Distribution | Direct Credit | 695.85 |
Apr | Student Grants - Summer | 5,475.00 | |||
| Feb | 7IM Distribution | Direct Credit | 1,973.98 |
Oct | Student Grants - Autumn | 5,120.00 | |||
| Mar | 7IM Distribution | Direct Credit | 4,933.82 |
18/2/25 | Grant from 2024 late present | 1146 | 110.00 | ||
| Apr | 7IM Distribution | Direct Credit | 1,858.74 |
16 Jan | DaisyComms Broadband | DD | 34.74 | ||
| May | 7IM Distribution | Direct Credit | 327.41 |
17 Feb | DaisyComms Broadband | DD | 34.74 | ||
| Jun | 7IM Distribution | Direct Credit | 6,403.67 |
17 Mar | DaisyComms Broadband | DD | 34.74 | ||
| Jul | 7IM Distribution | Direct Credit | 1,852.67 |
14 Apr | DaisyComms Broadband | DD | 37.14 | ||
| Aug | 7IM Distribution | Direct Credit | 1,469.72 |
16 May | DaisyComms Broadband | DD | 37.14 | ||
| Sep | 7IM Distribution | Direct Credit | 6,323.13 |
16 Jun | DaisyComms Broadband | DD | 37.14 | ||
| Oct | 7IM Distribution | Direct Credit | 1,537.50 |
14 Jul | DaisyComms Broadband | DD | 37.14 | ||
| Nov | 7IM Distribution | Direct Credit | 323.55 |
15 Aug | DaisyComms Broadband | DD | 37.14 | ||
| Dec | 7IM Distribution | Direct Credit | 3,813.09 |
15 Sep | DaisyComms Broadband | DD | 37.14 | ||
| Jan | TSB Business Instant Access | Credit Interest | 29.12 |
17 Oct | DaisyComms Broadband | DD | 37.14 | ||
| Feb | TSB Business Instant Access | Credit Interest | 30.04 |
17 Nov | DaisyComms Broadband | DD | 37.14 | ||
| Mar | TSB Business Instant Access | Credit Interest | 27.17 |
16 Dec | DaisyComms Broadband | DD | 37.14 | ||
| Apr | TSB Business Instant Access | Credit Interest | 30.11 |
Jan & Feb 25 | OSR BT - | DD | 125.24 | ||
| May | TSB Business Instant Access | Credit Interest | 29.18 |
17 Jan | Everflow Water bill | DD | 14.82 | ||
| Jun | TSB Business Instant Access | Credit Interest | 30.64 |
17 Feb | Everflow Water bill | DD | 27.43 | ||
| Jul | TSB Business Instant Access | Credit Interest | 29.85 |
17 Mar | Everflow Water bill | DD | 24.20 | ||
| Aug | TSB Business Instant Access | Credit Interest | 31.15 |
17 Apr | Everflow Water bill | DD | 69.29 | ||
| Sep | TSB Business Instant Access | Credit Interest | 31.33 |
19 May | Everflow Water bill | DD | 3.90 | ||
| Oct | TSB Business Instant Access | Credit Interest | 30.50 |
17 Jun | Everflow Water bill | DD | 4.31 | ||
| Nov | TSB Business Instant Access | Credit Interest | 32.89 |
18 Jul | Everflow Water bill | DD | 330.03 | ||
| Dec | TSB Business Instant Access | Credit Interest | 31.87 |
||||||
| 17/1/25 | Old School House rent to Dec 24 | 500006 | 819.32 |
22/01/25 | EON Electricity | DD | 326.61 | ||
| 06/05/25 | Old School House rent to Mar 25 | 500010 | 819.32 |
22/04/25 | EON Electricity | DD | 648.27 | ||
| 02/08/24 | Old School House rent to Jun 25 | 500013 | 819.32 |
17/07/25 | EON Electricity | DD | 182.34 | ||
| 28/10/24 | Old School House rent to Sept 25 | 500028 | 819.32 |
17/10/25 | EON Electricity | DD | 123.90 | ||
| 15/01/25 | Old School House rent to Dec 25 | 500034 | 819.32 |
DD | |||||
| 09/10/25 | Land Rent JubyBrother | Direct Credit | 950.00 |
04/02/25 | OSR CleaningJanuary | 1192 | 82.50 | ||
| 9/1/25 | Mendlesham Parish Council OSR Hire | BACS | 225.00 |
28/02/25 | OSR CleaningFebruary | 1193 | 105.00 | ||
| 10/05/25 | Mendlesham Parish Council OSR Hire | BACS | 160.00 |
02/04/25 | OSR CleaningMarch | 1196 | 97.50 | ||
| 22/05/25 | Mendlesham CommunityCharityOSR Hire | BACS | 330.00 |
02/05/25 | OSR CleaningApril | 1200 | 67.50 | ||
| 20/07/25 | Mendlesham CommunityCharityOSR Hire | BACS | 275.00 |
17/07/25 | OSR CleaningMay | 1227 | 75.00 | ||
| 25/07/25 | Foresters OSR Hire | BACS | 45.00 |
18/07/25 | OSR CleaningJune | 1226 | 82.50 | ||
| 18/09/25 | St Mary’s PCC OSR hire | BACS | 60.00 |
12/08/25 | OSR CleaningJuly | 1230 | 75.00 | ||
| 29/09/25 | Mendlesham Football Club OSR Hire | BACS | 30.00 |
09/09/25 | OSR CleaningAugust | 1233 | 105.00 | ||
| 02/10/25 | Mendlesham Parish Council OSR Hire | BACS | 120.00 |
14/10/25 | OSR CleaningSeptember | 1236 | 97.50 | ||
| 17/10/25 | Mendlesham CommunityCharityOSR Hire | BACS | 15.00 |
01/11/25 | OSR CleaningOctober | 1257 | 127.50 | ||
| 02/01/25 | Mendlesham Computer Club OSR Hire(2024) | BACS | 425.00 |
02/12/25 | OSR CleaningNovember | 1272 | 112.50 | ||
| 07/01/25 | Foresters OSR Hire(2024) | 500004 | 30.00 |
16/12/25 | OSR CleaningDecember | 1276 | 90.00 | ||
| 16/1/25 | OSR Hire(Cash 2024) | 500005 | 320.00 |
||||||
| 22/1/25 | RSPCA OSR Hire(2024) | BACS | 20.00 |
03/03/25 | Guides Welfare Support(memberships) | 1194 | 130.00 |
1
| 24/01/25 | WI OSR Hire(2024) | 500007 | 80.00 |
19/03/25 | Mendlesham PrimarySchool | 1195 | 5,000.00 | |
|---|---|---|---|---|---|---|---|---|
| 03/02/25 | Mendlesham CommunityCafe OSR Hire | BACS | 40.00 |
|||||
| 05/02/25 | St Mary’s PCC OSR hire | BACS | 20.00 |
01/04/25 | OSR CleaningMaterials, First Aid kit | 1197 | 140.44 | |
| 05/02/25 | St Mary’s PCC OSR hire | BACS | 40.00 |
15/04/25 | OSR Paint Wickes | 1198 | 85.50 | |
| 03/03/25 | Forrester’s OSR Hire(2024) | BACS | 40.00 |
15/04/25 | OSR Flameskill | 1199 | 60.60 | |
| 03/03/25 | Mendlesham CommunityCafe OSR Hire | BACS | 40.00 |
17/07/25 | OSR PRS | 1227 | 162.00 | |
| 11/03/25 | Mendlesham Scouts OSR Hire(2024) | BACS | 20.00 |
20/7/25 | OSR Lock and Hallbooking.com | 1229 | 280.23 | |
| 24/03/25 | Mid Suffolk Payment OSR Hire(Julie) | BACS | 570.00 |
|||||
| 02/04/25 | OSR Hire Cash Payment | 500009 | 285.00 |
08/08/25 | OSR Jack Wate Decorating | 1231 | 1,020.00 | |
| 07/04/25 | Mendlesham CommunityCafe OSR Hire | BACS | 40.00 |
08/08/25 | OSR Blinds | 1232 | 308.14 | |
| 10/04/25 | Mendlesham Computer Club OSR Hire | BACS | 220.00 |
08/09/25 | OSR NFU Mutual | 1235 | 1,857.46 | |
| 10/04/25 | St Mary’s PCC OSR hire | BACS | 20.00 |
29/10/25 | OSR Water Heater and Fittings Screwfix | 1255 | 149.07 | |
| 06/05/25 | OSR Hire Cheques(Hist, URC,Forr, WI) | 500010 | 400.00 |
25/11/25 | OSR CleaningMaterials | 1271 | 124.49 | |
| 08/05/25 | Mendlesham CommunityCafe OSR Hire | BACS | 40.00 |
10/2/25 | BookingClerk Payment for 2024 | 1166 | 120.00 | |
| 30/06/25 | Brownies and Parish PartyOSR Hire | 500011 | 200.00 |
06/01/25 | Scouts 2024 | 1162 | 1,400.00 | |
| 15/07/25 | Mendlesham CommunityCafe OSR Hire | BACS | 40.00 |
15/07/25 | Brown and Co Land | 1225 | 2,700.00 | |
| 22/07/25 | OSR Hire Cash | 500012 | 165.00 |
17/07/25 | GippingPress Flyer | 1228 | 64.00 | |
| 04/08/25 | Mendlesham CommunityCafe OSR Hire | BACS | 40.00 |
08/09/25 | Lovewell Blake | 1234 | 1,500.00 | |
| 08/08/25 | Cameron Lambert Land Rent | BACS | 601.25 |
07/11/25 | Guides and Brownies | 1259 | 740.00 | |
| 02/09/25 | Mendlesham Computer Club OSR Hire | BACS | 45.00 |
09/12/25 | Mendlesham School | 1273 | 11,200.00 | |
| 05/09/25 | Mendlesham Parish Council OSR Hire | BACS | 15.00 |
15/12/25 | Clerks Allowance | 1275 | 1,858.00 | |
| 08/09/25 | HistoryGroup OSR Hire | BACS | 30.00 |
18/03/25 | ICO GDPR | DD | 47.00 | |
| 09/09/25 | Mendlesham CommunityCafe OSR Hire | BACS | 40.00 |
|||||
| 10/09/25 | URC OSR Hire | 500014 | 225.00 |
|||||
| 11/09/25 | WI OSR Hire | 500015 | 105.00 |
|||||
| 19/9/25 | Over 60, Brownies and Guides OSR Hire | 500026 | 255.00 |
|||||
| 30/9/25 | RotaryDistrict 1080 OSR Hire | BACS | 25.00 |
|||||
| 1/10/25 | Mendlesham Computer Club OSR Hire | BACS | 45.00 |
|||||
| 2/10/25 | URC and WI OSR Hire | 500027 | 90.00 |
|||||
| 2/10/25 | Mendlesham Parish Council OSR Hire | BACS | 15.00 |
|||||
| 2/10/25 | E Heaton OSR Hire | BACS | 30.00 |
|||||
| 13/10/25 | Faliveno OSR Hire | BACS | 30.00 |
|||||
| 15/10/25 | St Mary’s PCC OSR hire | BACS | 15.00 |
|||||
| 17/10/25 | Foresters OSR Hire | BACS | 15.00 |
|||||
| 20/10/25 | Mendlesham CommunityCharityOSR Hire | BACS | 285.00 |
|||||
| 24/10/25 | Art and HistoryOSR Hire | BACS | 35.00 |
|||||
| 28/10/25 | RotaryDistrict 1080 OSR Hire | BACS | 20.00 |
|||||
| 30/10/25 | Land Rent: H. E. Knock & Sons | 500029 | 1,660.00 |
|||||
| 3/11/25 | Mendlesham Computer Club OSR Hire | BACS | 60.00 |
|||||
| 3/11/25 | Mendlesham CommunityCharityOSR Hire | BACS | 180.00 |
|||||
| 5/11/25 | E Heaton OSR Hire | BACS | 20.00 |
|||||
| 7/11/25 | WI OSR Hire | 500030 | 30.00 |
|||||
| 13/11/25 | Mendlesham Parish Council OSR Hire | BACS | 62.00 |
|||||
| 13/11/25 | URC OSR Hire | 500031 | 125.00 |
|||||
| 14/11/25 | WI OSR Hire | 500032 | 60.00 |
|||||
| 20/11/25 | Mendlesham Scouts OSR Hire | BACS | 20.00 |
|||||
| 26/11/25 | Forrester’s OSR Hire | BACS | 40.00 |
|||||
| 26/11/25 | E Heaton OSR Hire | BACS | 60.00 |
|||||
| 26/11/25 | Pratt J OSR Hire | BACS | 30.00 |
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| 26/11/25 | Mendlesham Computer Club OSR Hire | BACS | 120.00 |
|||||
|---|---|---|---|---|---|---|---|---|
| 27/11/25 | HistoryGroup OSR Hire | BACS | 40.00 |
|||||
| 30/11/25 | Pratt J OSR CleaningFine | BACS | 10.00 |
|||||
| 2/12/25 | Lawston OSR Hire | BACS | 20.00 |
|||||
| 5/12/25 | Forrester’s OSR Hire | BACS | 40.00 |
|||||
| 5/12/25 | Mendlesham Parish Council OSR Hire | BACS | 80.00 |
|||||
| 7/12/25 | Mendlesham CommunityCharityOSR Hire | BACS | 50.00 |
|||||
| 8/12/25 | St Mary’s PCC OSR hire | BACS | 20.00 |
|||||
| 15/12/25 | WI OSR Hire | 500033 | 80.00 |
|||||
| 18/12/25 | URC OSR Hire | 500034 | 180.00 |
|||||
| 23/12/25 | Mendlesham CommunityCharityOSR Hire | BACS | 270.00 |
|||||
| 30/12/25 | Guides and Brownies OSR Hire | 500035 | 255.00 |
|||||
| 31/12/25 | RotaryDistrict 1080 OSR Hire | BACS | 35.00 |
|||||
| Total Income 2025 | £ 46,746.83 |
Total Expense 2025 | £ 48,563.25 |
|||||
| 01/01/25 | TSB BIA Balance Brought Forward | £ 23,482.28 |
31/12/25 | TSB Business Instant Access Acc. Balance | £ 26,056.13 |
|||
| 01/01/25 | TSB CLUB Balance Brought Forward | £ 17,850.88 |
31/12/25 | TSB Club, Charityand Trust Account Balance | £ 13,460.61 |
|||
| **Total ** | £ 88,079.99 | Total | £ 88,079.99 | |||||
| COIF Charities Deposit Fund 2025 | ||||||||
| 01/01/25 | Brought forward | 19,357.77 | Summary of Education Foundation Valuation 31 | December | 2025 | |||
| 31/03/25 | Deposited | 217.29 | ||||||
| 30/06/25 | Deposited | 212.90 | 31/12/25 | TSB Business Instant Access Acc. Balance | £ 26,056.13 |
|||
| 30/09/25 | Deposited | 203.26 | 31/12/25 | TSB Club, Charityand Trust Account Balance | £ 13,460.61 |
|||
| 31/12/25 | Deposited | 193.87 | 31/12/25 | COIF Charities Deposit Fund | £ 20,185.09 |
|||
| Total 2025 from COIF | £ 20,185.09 |
31/12/25 | COIF Charities Short Duration Bond Fund | £ 36,678.23 |
||||
| 31/12/25 | 7IM Portfolio Valuation | £ 880,089.60 | ||||||
| COIF Charities Short Duration Bond Fund 2025 | ||||||||
| Accumulation Units: Total holding3609.60 | ||||||||
| Jan. 1st 2025 | Valuation Brought Forward | £ 34,630.14 |
**31/12/2025 ** | Net Education Foundation Value 2025 | £976,469.66 | |||
| Dec 31st 202 | Valuation Carried Forward | £ 36,678.23 |
||||||
| Net Increase in value for 2025 | £ 2,048.09 |
|||||||
| Investments | ||||||||
| Kingsfleet Wealth | ||||||||
| 01/01/25 | 7IM Total Portfolio Valuation: | £ 823,934.68 | ||||||
| 31/12/25 | 7IM Total Portfolio Valuation: | £ 880,089.60 | ||||||
| Netgain on investments for 2025 | £ 56,154.92 |
|||||||
3
| Table 1 | Table 1 | Table 1 | Table 1 | Mendlesham Educational Foundation | Mendlesham Educational Foundation | Mendlesham Educational Foundation | Mendlesham Educational Foundation | Mendlesham Educational Foundation | Mendlesham Educational Foundation | Mendlesham Educational Foundation | Mendlesham Educational Foundation | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ~~Draft Account Summa~~ | ~~ry for year ended 31~~ | ~~s~~t December, 2025 | |||||||||||
| 2025 | Incom | e for 2025 | Record | £ | 20 | 25 | Expense for 2025 | Record | £ | ||||
| ~~2025~~ | Student Grants(3 Terms) | 16,180.00 | |||||||||||
| Jan-Dec 25 | 7IM Di | stribution For 2025 | Direct Credit | 31,513.13 | Jan-D | ec 25 | OSR Broadband | 563.72 | |||||
| Jan - Dec 25 | TSB In | terest for 2025 | 363.85 | Jan - D | ec 25 | OSR WATER Bills | 473.98 | ||||||
| ~~Jan - Dec 25 ~~ | ~~OSH R~~ | ~~ent~~ | ~~4,096.60~~ | ~~Jan - D~~ | ~~e~~c 25 | OSR Electric | 1,281.12 | ||||||
| ~~Jan - Dec 25~~ | ~~Income~~ | ~~from Land~~ | ~~3211.25~~ | ~~Jan - D~~ | ~~e~~c 25 | OSR Repairs | 1,903.54 | ||||||
| ~~,~~ | |||||||||||||
| Jan - Dec 25 | OSR H | ire Income | 7,562.00 | Jan - D | ec 25 | OSR Cleaning | 1,382.43 | ||||||
| 01/07/2 | 5 | OSR PPL PRS renewal | 162.00 | ||||||||||
| ~~02/09/2~~ | ~~5~~ | OSR NFU Mutual | 1,857.46 | ||||||||||
| Brown and Co Land Tenancy | 2,700.00 | ||||||||||||
| Jan - D | ec 25 | Grants Village Groups | 18,470.00 | ||||||||||
| ~~30/12/2~~ | ~~5~~ | OSR BookingClerk Allowance 2025 | 120.00 | ||||||||||
| 22/08/2 | 5 | GippingPress A5 Flyers(740) | 64.00 | ||||||||||
| 18/03/25 | I.C.O. Fee | 47.00 | |||||||||||
| 06/04/25 | Lovewell Blake 2025 Accounts | 1,500.00 | |||||||||||
| 18/12/25 | Clerks Allowance | 1,858.00 | |||||||||||
| Total Income 2025 | £ 46,746.83 |
Total Expense 2025 | £ 48,563.25 |
||||||||||
| Jan. 1st | TSB Cash Balance Brought Forward From 2025 | £ 41,333.16 |
31/12/25 | TSB Business Instant Access Acc. Balance | £ 26,056.13 |
||||||||
| 31/12/25 | TSB Club, Charityand Trust Account Balance | £ 13,460.61 |
|||||||||||
| **Total ** | £ 88,079.99 |
Total | £ 88,079.99 |
||||||||||
| COIF Charities Deposit Fund 2025 | |||||||||||||
| 01/01/25 | Brought forward | 19,357.77 | Summary of Education Foundation Valuation 31 | December | 2025 | ||||||||
| 31/03/25 | Deposited | 217.29 | |||||||||||
| 30/06/25 | Deposited | 212.90 | 31/12/25 | TSB Business Instant Access Acc. Balance | £ 26,056.13 |
||||||||
| 30/09/25 | Deposited | 203.26 | 31/12/25 | TSB Club, Charityand Trust Account Balance | £ 13,460.61 |
||||||||
| 31/12/25 | Deposited | 193.87 | 31/12/25 | COIF Charities Deposit Fund | £ 20,185.09 |
||||||||
| Total 2025 from COIF | £ 20,185.09 |
31/12/25 | COIF Charities Short Duration Bond Fund | £ 36,678.23 |
|||||||||
| 31/12/25 | 7IM Portfolio Valuation | £ 880,089.60 | |||||||||||
| COIF Charities Short Duration Bond Fund 2025 | |||||||||||||
| Accumulation Units: Total holding3609.60 | |||||||||||||
| Jan. 1st 2025 | Valuation Brought Forward | £ 34,630.14 |
31/12/2025 | Net Education Foundation Value 2025 | £976,469.66 | ||||||||
| Dec 31st 202 | Valuation Carried Forward | £ 36,678.23 |
|||||||||||
| Net Increase in value for 2025 | £ 2,048.09 |
||||||||||||
| Investments | |||||||||||||
| Kingsfleet Wealth | |||||||||||||
| 01/01/25 | 7IM Total Portfolio Valuation: | £ 823,934.68 | |||||||||||
| 31/12/25 | 7IM Total Portfolio Valuation: | £ 880,089.60 | |||||||||||
| Netgain on investments for 2025 | £ 56,154.92 |
||||||||||||
1
CHARITY REGISTRATION NUMBER: 271762 Mendlesham Educational Foundation Unaudited independently examined financial statements 31 December 2025
Mendlesham Educational Foundation Flnancial statements Year ended 31 December 2025 Page Trustee's annual report Independént examinerfs rèport lo the trust¢e statement of finan¢i81 activit¢es Balance sheet Notes to the finantyal st*¢menls
Mendlesham Educational Foundation Trustee's annual report Year ended 31 December 2025 The trustees present their roport and thg unauditsd financial statements of thè charity for the year ended 31 December 2025. Thè financial statam8nt8 have been prePad in accordan¢¢ wtlh Ihe acwunting polieS set out in notes to the accounts and comply with the charty's goveming document, tho Charibes Act 2011 and Accounting and Reporting by Charities.. Staternent ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial R&porting Stsndard applicablo in th¢ UK and Republic of Irfyland published in October 2019. Roferonce and admlnlstrative dgtall$ Reglstered charity nam Mendlesham Education81 Foundation Charity Tggistration number 271762 Principal offl 2 The Old Or¢hard Front Street Mendlesham Stowmarket Sufftjlk IP24 STY The trustees The truste&s who served during the year and at the datè of approval were as tollows.. NomlnatSve appointed by Alendlesham Parish Council D Nunn Ichairl R Fenning H Orton Nomlnatlve appointèd by S Evans CaQptstiv0 M Brennan S Carter S CriK)ks L Daniels Ex Officio Rev P Gray (Vice Chairl Clerk to the Trust M Favager
Mendlesham Educational Foundation Trustee's annual report (contlnugd) Year ended 31 December 2025 Flnanclal advisor Kingfleet Wealth Management Claydon Court Old Ipswich Road Claydon Ipswich IP8 OAE Ind•pendent examÈner A Robinson 8FP FCA DChA Lovewell Blake LLP Charter¢d accountants First Floor Suite 2 Hillside Business Parf( Bury St Edtnunds IP32 7EA Bankers TSB 7 Market Street Stowmarket IP14 1DY
Mendlesham Educational Foundation Trustee's annual report (¢onllnued) Year ended 31 December 2025 Obj•¢tlv¢$ and activitie8 Incomg from tho Twst assets is used to benefit studonls under the age of 25 years of age in need of financial assistance for educational needs. The ¢harity is ft)I the benefit ol Mendlesham residents only. Grants are rnade at the discretion of the Twstees and are subject to the financial position of tho Trust. The Trustees endeavour to maintsin sufficient funds to enable th¢ work ofthe Trust to conb.nue in perpetuity. Public benefit reportlng In shaping our objgcb.ves for the year and planning our activities. thè Trijstees have cx)nsidered the Charity Commissions guidance on public benefrt when setting th8 obj8ctiVo$ for the year. The Trustees confim) that they have complied wrth the duty in section 4 of the Charities Act 2011. Achl•vèm•nts and perfomiance During the year educational grants tDtslling £16,180 {2024.' £15,910) have bB8n dÉstribuled lo 27 students. A further £17,070 12024.. £5,218) in grants We made to village youth organi581ions and Mendleshatn Primary School. The trltsl maintains a pledge of £6.000 towards the new Scout Headquarters building to be sited at Mendlesham Green. Four meeungs were held during the year in the Old School Room. T[ trust maintains ts registration for Data Protection with thè ICO. Investments polbcy The Foundation continues lo have its portf(Aio rvanaged by Kingsfleet Wealth. Tha portfolio of investments remains with 71M. Part of the portfolio is tnv8sled for growth and the dividends on tr)è rèmainder are paid monthly as income to support the grants made for education and village youth organisalions. The portfoEIo valtsation at the end Df 2025 h89 shown an increase in volue thrciughoth Ihe period. Maintenance of Ass¢ts The Old School R(M)m was partially redecorated IMAin Room and lQtchenl. With new blinds fittgd in the larger rixjm. A wall h8aler was replaced and a new hot wèlèr hè#ter in the kitchen was installed. A Srnart eltictri¢ meter was also fitted durin9 the oarly part of the year. Fknanclal reviow Thtr charity has income this year of £45.65612024= £S2,6381 ¢re#ling a nel income of £57.172 {2024.' net incoThe £33,283). Gains on investments 8mountèd to £58,20312024= gains on inv¢slrnpnts £19,030) and c105ing fvnds of the charity have increaseil to 8 balance of £975,096 compared to £917,924 in the previous year. The financial 8dvisDr, Mr. Colin Low of Kingsfl88t Wèalth M8nagem8nt. del*vered a financlal up¢Jaté dLfrring the period. R¢$orves policy The Trustees have establlshed a poliey whereby Ihe unrestricted furads not comrnitted or invested in tangible fixed assets I'the free reserves") held by the charty should be 34 months ol the resources expended whi¢h would oquale lo £13,33912024.' £10,967) basèd on current levels ol actsvity. Al this lgvel. thè Tmstees feel that il would be able to continue activitlos of th8 charity in the event of a significant drop in ineomè. Additionally, a level of investment is aintsi¢ lo g8n8rdle income to to sal8guard grant making in future periods. At present the total restsrves l&ss investments are £58,328 12024: £59,3591- The Tfustees plan to expend the excess funds.
Mendlesham Educational Foundation Trustee's annual report (¢ontlntMd3 Year ended 31 December 2025 Plans for fvture porlods The Trustees plan to continue to grow Ihe charity, with 8n aim to inCaSe inveslrnenl income in future years to safeguard future grants. Strurturg, go¥emance and management Mendlesham Education81 Foundation was established by the will of Hanry Jèssop in 1516. The Governing documents are the Scheme of the 26th Sopttrmber 1983 and the Scheme of 4th July 1991. Tho terms of office for Trustees are set out in the Charity Commissron Scheme dated 26th September 1983. The Trustees arg sponsible for making decisions on all matters of general eoncefn and importance, includiryJ deciding on how tha fijnds arè lo be spent. R•cruliment and appolntment of Trustees New Trustees 8fe appointed from a recruitment and selection pro¢es$ to ènhance the skills and experfence of the board as a wholp. Once appointed, Trustees are provided with all thè information required to assisi them in perfoming their role as Trustees ¢overing all aspects of the organisat¢on. Trustee indu¢tion and tralning Following an induction by the ¢harity and on r8qu6sl Lovewell Blake LLP provides TnF$tees with tralning regarding the rèsponsibilities of being a charty Trusteg. If Trusttrss request or require fvrther input then th8 ¢harity would arrange for them to attend external trainillg as appropriate. Risk management The Trustees havo assessed the major risks to which the ¢harity is èxpos8d, and are satisfied that Systems are in place to mitigate exposure to the major risks. TN• and falr overrid• The financi81 statèménts hava bèen ppared to give a °Irue and faiff view and have departed from the Charities IAccotJnts anof Reports) Regulab"¢)ns 21J08 only Eo the exlenl required to providè a 'true and fair view.. This departure has involved followng the Accounting and Reporting by Charitiès.. Statemènt of Recommended Practice applicable in the UK and Republlc of Ireland issued in Octob8r 2019 rather than the Accounting and R¢porbng by Charities.. Stalemenl of Recomfftend8d Practice from 1 April 2005 which has Since been wthdF8Wn. Ind•ndont •xamlner reappolntment A SolUtion to appoint A Robinson FCA of Lovewèll Blake LLP as independent examiner will proposed Bt the next Annual General Meeting. The Ite8.$ annual report Was approved on tnjslees by.. and signed on behalf of the board of D Nunn Ttee airl
Mendlesham Educational Foundation Independent examiner's report to the trustee of Mendlesham Educational Foundation Year ended 31 December 2025 I report lo the charty tmstee on my examination ol the financial statements of the charity for tha ye8r ended 31 Decemb9r 2025 which Ctsmpllse the statemont of financial activili&s. balance sheèt and the related notès. R¢$ponsibilitie¥ and basis of report As the charity's tnjstee you are r8sponsible for the preparation of th¢ financial statements in accordance with the reqbjirements of the Charities Act 2011 I'the A¢f}. I r8port in respect of my examination of tho charity's financial statements Carr out under sectlon 145 of the Act and in carrying out my examination I have foU(Iwed all lh¢ applicable Directions given by Ihe Chaiity Commission under section 14515llbl of the Act. Ind•p•nd•nt ¢xamlneYs statement I have completed my examinalK)n. I confirm that no material mattèrs have come lo my attention in connection witt) the ¥xamination giving me cause to bolievè that in 8ny material respe¢L accountitYJ records We not kept in respect of the ¢harity as required by section 130 of the Act. or the financial slatements do not accord with those record$', or the financial statetnefjts do not comply wth the applicablè réquirements concerning tho form and content of accounts set out in the Charites (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a 'lrue and fairf view which is not a matter considefe<l a5 part of an independent èX8minatson. I have no concems and have come across no other matters In connection with the examlnation lo which attention should be drawn in this reptsrt in order lo enable a proper understanding of the accounts to be raached. Your attention is drawn to the fact that the Charity has preparèd the accounts (financial 5tstementsl in accDrdancè with A¢¢ounting and Reporting by Charities.. Stslemenl of Recommended Practice applicablo to charit18s preparing their accounts in accordan¢B with the Finaricial Reporting Standard applicable in tho UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reportin9 by Charities". Statomenl of Recommended Pracce issued on 1 April 2005 which is referred to in the extant regulations btjt has since been withdravm. l und8rsl8nd that this has been done in order lor tho accounts to provide a tru6 and fair view in accordance with the Generally Accepted A¢¢ounling Practtce effective for reportSng periods beginning on or after I January 2015. A Robinson BFP FCA DCI Indopendent Examiner Lovewell Blake LLP Chartered accountants First Floor Suit8 2 Hillstde Business Park Bury St Edmunds IP32 TEA 211011101
Mendlesham Educational Foundation Statement of financial activitie5 Year ended 31 December 2025 2025 Unrestricted funds Total funds 2024 Totsl funds Note Income and endowments Oonations and legacies Charitable activities Investrngnt income 865 11,517 40,256 12,951 32,705 12,951 32.705 Total Incorne 45,656 45,656 52.638 Expenditur• Charitable actimlies 46,687 46,687 38,385 Total expenditur 46.687 46,687 38,385 Net in¢omg and net movements in funds before gains and losses on investments 11,0311 11,0311 14,253 Net gains on investments 58,203 58,203 19,030 Net ineomè and net movement In lunds 57,172 57,172 33,283 Reconclllation of funds Totsl funds brought ford Total funds earried forward 917,924 917,924 884,841 917.924 975,096 975,096 The statement of financial activities includes all gains and lossés rècognised in the y8ar. l income and expenditurè derive from continuing athvities. Thè notes on pages 8 to 13 forni part of thèse flnanclal statements.
Mendlesham Educational Foundation Balance sheet 31 December 2025 2025 2024 Nots Flxed assets Investmgnts 13 916,768 858.565 Current assets Debtors Cash at bank and in hand 14 1.316 59,352 60,739 60.739 eo,668 Creditors: Amounts falllng duo within one year 15 12.34Jl 11,3801 Net current assets 58,328 59,3S9 Total assets less current liabilitlg5 975,096 917.924 Nèt assets 975,096 917,924 Funds of thg ¢harity Unrestricted funds 975.096 917,924 Total ¢harity funds 16 975.096 917,924 Th 181 statements were appioved by the board of trustees and 8uthorised for issue on and are signed n bèhalf of tho board by.. D Nunn Ichairl Trustee The notes on pag&$ 8 to 13 form part of th¢s¢ flnanclal statements.
Mendlesham Educational Foundation Notes to the financial statements Year ended 31 December 2025 General information charity is a publi¢ bènefit entity and a registered charity in England and Wales and 18 unincorpor8tert. The address of tre prfnc5pal office is 2 Tho Old Orchard. Front Stregt, M¢ndlesham, Stowmarket. Suffolk, IP14 STY. stat¢m•nt of compliance These financial stslements hava been prepared in oompliance with FRS102. The Financlal Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recotvmended Practice, applicable to charFties preparing their 8rcounts in accordanTr with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211. and tho Chaiities Act 2011. The charity has applied Upd4t$d Bulletin l as published on February 2016. Tho charity constitutes a public ben&fit entity as defined by FRS 102. The financial statements have been Prepared to give a "true and fair view and have departsd from Ihe Charitses IAccounts and Rèports) Regulations 2008 only to the extent qUIr8d to provide a Iru and fair view.. This departure has Involved following the Accounting and Reporting by Charities.. statement ol Recommended Piactice applicable in thg UK and Republic of Ireland issued in October 2019 r8thér than the Accounting and Reptsrting by Charities.. Statement of Recommended Pfactice from 1 April 21Y)5 which has since been withdrawn. Accounting pollcles Basis of preparatlon The financial slatements have been prepared on the histori¢al cost basis, a$ modified by the revaluation ol c¢rtain financial assets measured at fair value through income or expendituro. The financial statements are prepared in stefling, which is the functional currency of the entity. Golng concom The finan&al 5ts1ements have trjeen Prepared on a going concem basis as the Trustees believe that no moterial uncertainties exist. The Tmstees have considere¢8 the level of funds héld 8t)d the expected level of irkGome and expenditure for 12 months from aulhori$ing these financial statements. The budgeted InMe and expenditu is suffi¢i8nt with the level of r¢$èNés for the charity lo b8 able to continue as a goang ¢oncèm. Income tax As an UnInTated charity. the activities are 8x8mpt from United Kingdorn Income and Corporation t8X3t'on, provided that the income is applied to charitable purposes. Fund ac¢ountin9 Unrestricted funds are maintained by thè charity as a general fvnd which represents fvnds which are expended al the dls¢retton of the TrLEstees in furtherance ol the obj9Cts of the Charity.
Mendlesham Educational Foundation Notes to the financial statements (collirnlé? Year ended 31 December 2025 Accountlng 11¢1¥ (cgntlnuod) Incom• All income is included in the slatemtsnt of financial actvities when éntitlernent has passed to Ihe charity, it is probablè that the economic benefits assooated with kne transaction will flow to the charity and the amount Can be reliably measured. Thv following specific policies are appli¥d to partEcular ategories of IncLe". income from donations or grants is recognised when there Ss evidence of entitlement to the gifL receipt is probablè and its amount can be Measu llabty- - investment income consists of bank interest and amounts received from investment portfolios. Eynditurg Expenditure is recoonised on an 8c¢ruals basis as a liability is inEurrod. Expenditu includes any VAT which cannot b6 fully rècovered, and is classified under headings of the statement of fir)ancial activitses to which h relalas.. expenditure on charitable èctivibos includes all costs incurred by a charity in undertaking a¢tivilies that further its ch8ritablo aims for the benefil of its benBfici8Ties. including those support costs and costs r¢lating to the govemance of charity apportioned to charitsble activitiès. AJI costs are allocated to eXndIre categories reflecting the use of the resource. Dire¢t costs attributable to a singlè activity ar& allwaled directly to that activity. Shared costs are apprortioned betsveen thè 8cb"vilies they contribute to on a reasonabl8, justifiable and consistènt basis. Investments Unlisted equlty inveslrnents are initially recorded at cost, and 8ubsequenlly measured at fair value. If fair value Gannol be reliably measured, assets 8r8 measured at cost less impairrn9nt. sled inve6tments are measured at f8ir value with changes In fair value being recognised in in¢orne or expenditure. Impairment of flx•d assets A review for indicators of impairmeril is carried OLrt at each porting date, with the rècoverable amount beino Èsb"mated where such sndi¢ators exist. Wh8re the carrying valua gxceeds the ieEuverable arnounl, the asset is impaired 8c¢ordingty. Prior impairments ar& also reviewed for possible reven1 al each rewrting dats. For the purposes of Impaimenl testing. when it is not PQssiblg to estirnale the recoverable aww)ount ol an individual assét, an èstimate is made of the recoverable amount of the cash-gèn8rating unit to which th& a55et belongs. The Cash-geneiating Unit is the stllall8St idontifiabl& group of asscts that Includes the asset and generates cash inflows that largely indepèndent of the cash inflows from other assets or grou ofassets. For impairrnent testing of goodwill, the g¢Jodwill acquired in a busintrss cofftbination is. from lh# acquisition date, allocaleil to each of the cash%enerating units thttt are exp8cle(J to benefit from the synergies ol the combination, irrespective ol whether other ass&ts or liabilities of the ¢harily are assigned to thos& units.
Mendlesham Educational Foundation Notes to the financial statements (GonOnv8d) Year ended 31 December 2025 Accounting pollcles {wntlnuedJ Flnanclal in$trum•nts A financial assel or a financial li8bility is recognised only when the èntity becomes a party to tho ntractual provisions of the instrument. Basic finanual instruments ar¢ inilally recognised 31 the amount feceivgblè or payabb including any related transaGtioft costs, unless thè arrangement cOFblU1es a financing transaction. where il ts recognised * the present value of the ftjture payments discount8d at a mafket rato of interest for 8 similar debt instrument. Cvrrenl assets and current liabilities are subsequentty measured at the cash or other consi(JeraU<)n expected to be paid or ceiVed and ntst discounted. Dèbt instruments aTe subsequ¢nlly measured at amortised cost. Oon¥tions and legacies Unrestrlcted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Grants Mid Suffolk Distrirt Council Other grants 515 350 515 Charltable activiti•s un$trict0d Total Funds Unrgstricted Totsl Funds Funds 2025 Funds 2024 Rents received 12,951 12.951 11,517 11,517 Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 FL¢nd 2024 Investment income 32,705 32.705 40,256 40,256 Expendltur¢ on charliable aettviti•$ A¢tivities undertaken directly Total fvnd¥ 2025 Total fund 2024 Grants Support costs Indepgndent examination fees 33.250 10.977 2,460 33,250 10.977 2.460 21,128 15,769 1.488 46,687 46,687 38.385 10
Mendlesham Educational Foundation Notes to the financial statements i¢ontfnuedJ Year ended 31 December 2025 Analysis of8upport costs 2025 2024 cl8rS salary School room expenditure Insurance eXn5 Professional fee5 1.858 5.878 541 2.700 1,890 fj2,075 1.804 10,977 15.769 Net galns on In¥•stments Unrestricted Totsl Funds Unrestricted Totsl Funds Funds 2025 Fund5 2024 G8in$ on investments 58,203 58,203 19,03 19,030 10. Staff costs The averago head nI of employees during the year vas Nil12024.' Nill. No empluyee received benefÈts of fflore than £60,OOD during the ygar (2024.. £Nill. Key managèmont personnel Key managernent personnol Include all personnel that have the authority and responsibilty lor planning, directing and controlling the activities of thè Charity. Total consldoralion paid to key management personnel for 5eTvices provided to thè charity was £Nil12024= £Nill. It. Tru$teo remuneratlon and oxp•ns•s No Truslee receivèd rèmuneration in the current QT prior year, directly or indirèdy from the charity. No expenses were reitnbursgd to the Trustees during the year12024.' £Nill. 12. Tangible fixed ass•ts The following freehold properties were appropii8ted in 1983 and are held on trust by the nominated individuals, 37.448 acres of land Old School House, Mendlesham The Old School Room. Mendlesham No value has been attn"buted lo the freehold prop$"e$ in these accounts. 11
Mendlesham Educational Foundation Noles to the financial $tstementS Year ended 31 December 2025 13. Inyestmerts Llsted Investmènts Cost or valuatio At 1 January 2025 Additions Fair value movements 858,S65 58.203 At 31 Dècember 2025 916,768 Carrylng amount At 31 Dècemr 2025 916,768 At 31 Oecember 2024 858,565 All investments 5htswn 8bovg are held at valuation. Financial assets held at fair valug The lair value of listed securities is determined by reference to thé quoted price for thes8 assèts in an active market at the b818nc& shèet date. Investments are shown at the fair value market rate. 14. Delrtors 2025 2024 PpaymentS and accrued incorno 1,316 15. Creditor%= Amounts falling due within one year 2025 2024 Accruals and dèfeired income 2.340 1,380 16. Analysis of chaTitsbl* funds Unr•strfctÈd funds A11Jan 2025 Gains and At 31 Dec Ilossesl 2025 Income Expenditur8 General fijnds 917,924 45,656 146,687) 58,203 975,096 At1Jan 2024 Gains and At 31 Dec Ilossesl 2024 Incomg Expenditure Generdl funds 884,641 52,638 138,385) 19.030 917,924 12
Mendlesham Educational Foundation Notes to the financial stalements (¢onfinu#dJ Year ended 31 December 2025 17. Analysi¥ of net assets b•twè8n funds Year endod 31 D•¢ember 2025 Net currènt assets Investments Total General fijnds 916,768 58,328 975.096 Year gnded 31 December 2024 Net current assets Investments Total General tunds 858,565 59,359 917,924 16. Related parties There werg no transactions with related partips during this or the prior y&ai. 13