## 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 


**----- Start of picture text -----**<br>
|||||||
|---|---|---|---|---|---|
|.|
|Page|
|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|

**----- End of picture text -----**<br>


| 

S E FRANKLIN NEW SECOND CHARITY ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2025 

| 

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. 


**----- Start of picture text -----**<br>
ae,<br>**----- End of picture text -----**<br>


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: 

* 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 

* 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 

| | 

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<br>Monies duefrom Trustee||-<br>-|1,286.45<br>-|-<br>~|(5,877.54)<br>8,000.00|
|||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|-|



Page 4 

| | | | | | 

## $ 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<br>GSK PlcOrd GBP0.3125|35,000<br>2,000|42,376<br>10,686|16,713<br>28,350|35,000<br>2,000|42,376<br>10,686|21,840<br>32,590|
||Henderson farEastIncome Ltd NPV|14,750|50,123|29,795|14,750|50,123|32,524|
||JacksonFinancial IncComUSDO.01<br>Foresight Environmental Infrastructure OrdNPV|49<br>41,000|958<br>46,324|2,673<br>27,429|49<br>41,000|958<br>46,324|2,580<br>36,244|
||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 


**----- Start of picture text -----**<br>
|<br>**----- End of picture text -----**<br>


|Donations<br>Thefollowing donationsweremadeduringtheyear:|,|2025|2024|
|---|---|---|---|
|A little bitofhope<br>Adami Project<br>Azuko<br>Bees Abroad<br>BooksAbroad<br>Bright SparksSchool India<br>BUMBA Foundation<br>Children in Hunger<br>CondorTrustforEducation<br>DisabilityAfrica<br>Disasters Emergency Committee (Gaza)<br>EastAfrican Children's Project<br>Edu Spots<br>Educating the Children<br>Empowering Kids in Kenya<br>Freedom KitBags<br>Friends ofStafford<br>Friends ofthe Sick<br>Glacier Trust<br>JacarandaUKFoundation||-<br>1,000<br>-<br>2,000<br>-<br>-<br>500<br>4,000<br>4,000<br>500<br>2,000<br>4,000<br>4,000<br>-<br>1,000<br>7,000<br>4,000<br>500<br>4,000<br>500|1,000<br>71,500<br>500<br>2,000<br>1,000<br>500<br>500<br>4,000<br>-<br>500<br>-<br>4,000<br>1,000<br>4,000<br>-<br>4,000<br>4,000<br>500<br>1,000<br>500|
|Letthe Children Hear||4,000|-|
|Lisa KentTrust<br>Makhad Trust<br>Medecins Sans Frontiers (Sudan)<br>Medical aid for Palestinians<br>NayambaTrust<br>NIAFF - Ken Mantel<br>Nicodemus<br>Out ofAfrica<br>People&WildlifeGnana<br>Purple Field Productions<br>Salt ofthe Earth<br>Scholarships for StreetKids<br>Sebakwe Black RhinoTrust<br>Serbian school support (NIAFF)<br>Small Steps Project<br>Sustainable Global Gardens<br>Swinfen CharitableTrust<br>Tehila Trust<br>UNICEF<br>Waterfor Kids||1,000<br>4,000<br>2,000<br>-<br>4,000<br>3,000<br>-<br>1,000<br>-<br>500<br>-<br>1,000<br>4,000<br>-<br>500<br>500<br>~<br>-<br>~<br>5,000|-<br>2,000<br>-<br>2,000<br>4,000<br>-<br>500<br>-<br>500<br>500<br>500<br>1,000<br>4,000<br>3,000<br>-<br>500<br>500<br>500<br>2,000<br>5,000|
|||33,500|36,000|



Page 6