Charity No: 272047
S E FRANKLIN NEW SECOND CHARITY
ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
S E FRANKLIN NEW SECOND CHARITY CONTENTS FOR THE YEAR ENDED5 APRIL 2025
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|Trustees|Report|4|
|Report|to|the|Trustees|2|
|Receipts|&|Payments|Account|3|
|Statement|of Assets|&|Liabilities|4|
|Notes|Forming|Part|of the|Accounts|5-6|
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S E FRANKLIN NEW SECOND CHARITY ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2025
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S E Franklin New Second Charity is constituted by Declaration of Trust dated the 30 November 1956 and is a registered Charity Number 272047. Its address is 39 Westleigh Avenue, London, SW15 6RQ. The Charity Trustees remained unchanged during the year to 5 April 2025 and they are as follows:
Dr Rodney Franklin - Continuing Trustee Ms Natasha Nicole Franklin - Continuing Trustee Ms Julia Edwards - Continuing Trustee
The Trustees should not be less than two in number.
The accounts have been prepared in accordance with the Charity's governing documents and applicable
The object of the Charity is (a) Income and such part of Capital as Trustees think fit to or for the benefit of such charitable purposes and in such shares and manner in every respect as the Trustees shall from time to time in their absolute and uncontrolled discretion think fit. (b) Subject to the Trusts aforesaid of the Trust fund the income thereof from date hereof shall be held upon Trusts in equal shares for such of the purposes of the purposes of the National Council of Social Service Benevolent Fund and of the United Charities Fund of the Liberal Jewish Synagogue as are charitable under the law of England.
The Trustees have examined their investment policy and confirm that they consider the policy continues to protect the Trust from risk.
Grants for the period totalled £33,500 and were made to 28 different causes.
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ae,
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On behalf of the board of Trustees.
Dr Rodney Franklin Trustee Dated a: asceee 202
Page 1
S$ E FRANKLIN NEW SECOND CHARITY EXAMINERS REPORT FOR THE YEAR ENDED 5 APRIL 2025
In connection with my examination of the accounts for the year ended 5 April 2025, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 41 of the 1993 Act and section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act and section 44(1) (b) of the 2005 Act and Regulation 8 of the 2006 Accounts Regulations
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Laura Clare Heatley
Relevant professional qualification or body: AAT
Address: Maltravers House, Petters Way, Yeovil, BA20 1SH
Dated: 1 February 2026
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Page 2
S E FRANKLIN NEW SECOND CHARITY RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2025
| 2025 | 2025 | ~ | 2024 | 2024 | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Unrestricted | Funds | ||||
| Note | Capital | Income | Capital | Income | |||
| £ | £ | £ | £ | ||||
| Receipts | |||||||
| interest (Gross) | - | 142.60 | - | 195.86 | |||
| UK Unit Trust Interest | - | 657.00 | - | 522.00 | |||
| UK Interest Bearing Securities | - | 1,270.50 | - | 903.00 | |||
| UK Dividends | - | 16,015.36 | - | 17,586.34 | |||
| Overseas Dividends | - | 12,482.19 | - | 11,903.24 | |||
| UK Property Income Distributions | - | 4,240.00 | - | 3,784.61 | |||
| Less: UKTax Credits | - | (712.07) | - | (597.03) | |||
| income Sub Total | - | 34,095.58 | - | 34,298.02 | |||
| OtherReceipts | |||||||
| Proceeds from Sale ofInvestments | 36,928.35 | - | 54,539.19 | - | |||
| Equalisation | - | ~ | 117.41 | - | |||
| Uncashed cheques | ~ | (500.00) | - | 2,000.00 | |||
| Total Receipts | 36,928.35 | 33,595.58 | 54,656.60 | 36,298.02 | |||
| Payments | |||||||
| Charitable Activity Direct Expenditure | |||||||
| Donations | 4 | - | (33,500.00) | - | (36,000.00) | ||
| Other Expenditure | |||||||
| Battens Fees | - | (690.00) | - | (690.00) | |||
| Investment ManagementCharges | (2,105.98) | - | (2,155.46) | - | |||
| ExpenditureSubTotals | (2,105.98) | (34,190.00) | (2,155.46) | (36,690.00) | |||
| OtherPayments | |||||||
| Purchases ofNew Investments | (37,002.04) | - | (50,562.10) | - | |||
| Total Payments | (39,108.02) | (34,190.00) | (52,717.56) | (36,690.00) | |||
| NetReceipts fortheyear | (2,179.67) | (594.42) | 1939.04 | (391.98) | |||
| Transfer Between Funds | - | - | - | - | |||
| Cash Balance Brought Forward | 2,338.90 | 3,503.79 | 399.86 | 3,895.77 | |||
| JM Finn & Co DepositAccount | 159.23 | 1,622.92 | 2338.90 | 4,381.33 | |||
| Cooperative Bank | - | 4,286.45 | 0.00 | (5,877.54) | |||
| Monies due from Trustee | - | - | - | 8,000.00 | |||
| FundBalancesCarriedForward | 159.23 | 2,909.37 | 2,338.90 | 3,503.79 |
Page 3
S E FRANKLIN NEW SECOND CHARITY STATEMENT OF ASSETS & LIABILITIES FOR THE YEAR ENDED 5 APRIL 2025
a
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Funds | Unrestricted | Funds | ||
| Note | Capital | Income | Capital | Income | |
| £ | £ | £ | £ | ||
| Monetary Assets | |||||
| JM Finn &Co | 159.23 | 1,622.92 | 2,338.90 | 1,381.33 | |
| Co-operative Bank Monies duefrom Trustee |
- - |
1,286.45 - |
- ~ |
(5,877.54) 8,000.00 |
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| 159.23 | 2,909.37 | 2,338.90 | 3,503.79 | ||
| Liabilities | |||||
| BattensAccounts Fees | ~ | (690.00) | - | (690.00) | |
| - | (690.00) | - | (690.00) | ||
| Investment Assets | |||||
| Quoted Securities (at cost) | 2 | 498,367.78 | ~ | 502,722.33 | - |
| 498,367.78 | - | 502,722.33 | - |
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$ E FRANKLIN NEW SECOND CHARITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED5 APRIL 2025
1 Accounting Policies
;
1.1 Accounting Convention
The accounts have been prepared on the receipts and payments basis and in accordance with any applicable standards.
1.2 Fixed Asset Investments
Fixed asset investments are included on the statement of assets and liabilities at cost.
| 2 | OtherQuoted Securities | 2025 | 2024 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted Funds | Unrestricted Funds | ||||||
| Holding | JMFinn | Market | Holding | JMFinn | Market | ||
| Book Cost | Value | Book Cost | Value | ||||
| £ | £ | £ | £ | ||||
| Aviva Ord GBP 0.25 | 5,250 | 21,119 | 27,584 | 5,250 | 21,119 | 25,746 | |
| BTGroup PicOrd 5p | - | - | 7,100 | 19,203 | 7,451 | ||
| BNY Mellon Newton Asian {ncome units | 33,500 | 38,091 | 44,461 | 33,500 | 38,091 | 45,379 | |
| Capital International Fund Global High Income | 500 | 10,699 | 9,980 | - | - | - | |
| Diageo ord 28 101/108 | 750 | 232 | 15,090 | 750 | 232 | = 21,371 | |
| GoreStreetEnergyStorage GSK PlcOrd GBP0.3125 |
35,000 2,000 |
42,376 10,686 |
16,713 28,350 |
35,000 2,000 |
42,376 10,686 |
21,840 32,590 |
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| Henderson farEastIncome Ltd NPV | 14,750 | 50,123 | 29,795 | 14,750 | 50,123 | 32,524 | |
| JacksonFinancial IncComUSDO.01 Foresight Environmental Infrastructure OrdNPV |
49 41,000 |
958 46,324 |
2,673 27,429 |
49 41,000 |
958 46,324 |
2,580 36,244 |
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| Land Securities Group Ord GBP0.106666 | 2,250 | 17,473 | 12,128 | 2,250 | 17,473 | 14,209 | |
| Legal & General Group ord 2.5p | 10,750 | 14,951 | 23,919 | 10,750 | 14,951 | 26,993 | |
| London MetricProperty Pic | 16,500 | 21,749 | 29,618 | 16,500 | 21,749 | 32,687 | |
| M&G Ple Ord | 12,500 | 23,138 | 23,044 | 12,500 | 23,138 | 26,050 | |
| National Grid ord 0.113953 | 3,229 | 25,462 | 33,388 | 2,500 | 20,760 | 25,825 | |
| Primary Health properties PLC Ord GBP0.125 | 35,000 | 34,632 | 33,320 | 40,500 | 40,074 | 36,551 | |
| Rathbone Ethical Bond Fund | 15,000 | 12,533 | 12,777 | 15,000 | 12,533 | 12,831 | |
| Svenska Handelsbanken Ser'A'NPV (P/S) | 2,000 | 21,070 | 16,058 | 2,000 | 21,070 | 16,128 | |
| SSE Plc Ord GBP0.5 | 1,100 | 16,711 | 17,611 | 2,200 | 33,423 | 34,969 | |
| TR Property InvestmentTrustOrd GBP0.25 | 6,000 | 21,601 | 17,430 | - | - | - | |
| TwentyFour Income Fund Ltd Ord Red GBP0.01 | 32,500 | 39,376 | 35,295 | 32,500 | 39,376 | 33,995 | |
| Vodafone Group Ord USD 0.2095238 | 16,500 | 29,065 | 11,019 | 16,500 | 29,065 | 11,316 | |
| 498,368 | 467,680 | 502,722 | 497,279 |
3 Trustees None of the Trustees received any remuneration or reimbursement of expenses during the year.
Page 5
4 Donations
S E FRANKLIN NEW SECOND CHARITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
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| Donations Thefollowing donationsweremadeduringtheyear: |
, | 2025 | 2024 |
|---|---|---|---|
| A little bitofhope Adami Project Azuko Bees Abroad BooksAbroad Bright SparksSchool India BUMBA Foundation Children in Hunger CondorTrustforEducation DisabilityAfrica Disasters Emergency Committee (Gaza) EastAfrican Children's Project Edu Spots Educating the Children Empowering Kids in Kenya Freedom KitBags Friends ofStafford Friends ofthe Sick Glacier Trust JacarandaUKFoundation |
- 1,000 - 2,000 - - 500 4,000 4,000 500 2,000 4,000 4,000 - 1,000 7,000 4,000 500 4,000 500 |
1,000 71,500 500 2,000 1,000 500 500 4,000 - 500 - 4,000 1,000 4,000 - 4,000 4,000 500 1,000 500 |
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| Letthe Children Hear | 4,000 | - | |
| Lisa KentTrust Makhad Trust Medecins Sans Frontiers (Sudan) Medical aid for Palestinians NayambaTrust NIAFF - Ken Mantel Nicodemus Out ofAfrica People&WildlifeGnana Purple Field Productions Salt ofthe Earth Scholarships for StreetKids Sebakwe Black RhinoTrust Serbian school support (NIAFF) Small Steps Project Sustainable Global Gardens Swinfen CharitableTrust Tehila Trust UNICEF Waterfor Kids |
1,000 4,000 2,000 - 4,000 3,000 - 1,000 - 500 - 1,000 4,000 - 500 500 ~ - ~ 5,000 |
- 2,000 - 2,000 4,000 - 500 - 500 500 500 1,000 4,000 3,000 - 500 500 500 2,000 5,000 |
|
| 33,500 | 36,000 |
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