Charity r¢gi$tralion number: 274309
Howard Charitable Trust
Annual Report alld Fitw)cio1 Statements
for the Year Ended 5 April 2025

Howard Charltable Trusl
Contsnts (continued)
Reference and Administrative Details
Tn￿t¢¢s, Report
Statement of Truskes, Responsibilities
Ind¢p¢nd¢nt Examine￿S Report
StstenTht of Financial A¢tiviti¢s
Balance Sheet
Notes to th¢ Financial Stsl¢n￿ts
7t013

HoJv8rd Charltable Trust
Reference and Administrative Details
Trustees
Mr M J H Hod8skiD.Brovin
Mr AJ Parkcr
Mr DP Ensell
Charity Regi51r*tlon Number
274309
Principol Oflke
We5thaven House
Arle5ton Way
Solihull
B90 4LH
Ind¢pend¢nt EIamlner
David Bezattt FCCA
Buckler Spencw Ltd
Old Police Statiot)
Church Streei
Swad]incole
Derbyshire
DEII 8LN
Page I

Howard Charitable Trust
Trustees, Report
Th¢ lThsl¢¢s pIesent the anttual report together with the fmallcial stst¢meDts of the charity for the year ended 5
April 2025.
Obje¢tive5 and ￿tIvIde5
Ohj¢¢ts tTUNS
All d¢cisions on the fi￿beranCe of th¢ Charitys aims. and the donations given, are made at th¢ trilstees rneeti
¥hen planning ￿ makitig activitie5 in ihe year, the tnjgtees bav¢ coDsidered the commission guidance on
pub]ic benefit.
Pmblie behefrt
Th¢ trustees confirm that they hav¢ ¢ornplied with the requirements of seclion 17 of the Chariti¢s Act 2011 to
have due regard to the public b￿¢fil guidance published by the ChaTity Commission for England and Wales.
StrvctUT& governance ind maDagement
Natsre ofgoverning documeRI
The charity is controll¢d by its governing documenl 4 d¢¢d of ￿&( and ConSti￿te$ hn unincoTrorated cl]arity.
Recruifmenl ohdwoinlmenl oftruslees
The trwstees have the pow¢r of appointment of additioD&I trustC¢5. They appoint as wh¢n llecessary. t&knng
inlo account the mix of skills and exp¢rience tbat the trustees fe¢1 is necessary for th¢ charity to fiLIfiI its
objectives.
Mfjjor risks olfhose 17sks
Rtsk mantsgemenl
The trustees have a duty to id¢nlify and review tb¢ risks ty which the cljarity is exposed and to ensure
appropriate eontrols ar¢ in palce lo provide ieagonabl¢ assurance against fraud and error. They have identificd
tb¢ rn&jor risks which the trust faces and hav¢ put ID plac¢ procedures to mitiimisc tbem.
Th¢ trust¢¢S T¢gularly review the investm¢nts of th¢ charity to ensure th2t ih¢r¢ 18 a good spread of ass¢ts, to ty
and T¢dU￿ th¢ Ov￿all risk of the portfolio.
Fitiancial instrumeDts
Objeclives dAdpolicies
The charity holds AS8¢ts in the forn] of cash, sbareg a￿d proputy. These are itiveded to wovide for b)tb the
sknrt and long-terni n¢¢ds of the cbarity to enable it to meet its obj¢ctives. The trustee5 considu thal in order to
meet its objectives in the long-terni the chaTity is required to hold significant reserves.
Th¢ i¢port was approved by the ttvst¢¢s of th¢ charity on.
Is
. atKI signed on its behalf by:
Mr DP Ens¢ll
Page 2

Howard Charitable Trust
Statement of Trnstses. Responslbllltie5
Th¢ trustees are respoJJsible for pr¢paring the t￿￿tees, report and the financiAI Statell￿nts in accordallce wlth the
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) Attd
applicable law and reguIations.
Th¢ Ig4W applicable to cbarities requircs the tfU5t¢es to PTtpare fiDan¢ial statements for each fmancial year whi¢h
give & lrne and fair view of the stat¢ of affairs of the charlty and of the incomin8 r¢50urc¢s a]xl application of
r¢sources of the charity for that p¢riod. In prep￿1￿8 these fitwhcial ststements, the tr￿st#S are r¢quired to:
s¢l¢cl suitable accounting po]iCi￿ 8Dd then apply them COtL8iSt¢nt￿,
observe tbe methods at¥1 principl￿ iD th¢ Clwities SORP.
rnak¢ judgements and estitDafrs that reasonabk and pnul¢nt'
state whether applic4ble accounting standards have been followeiL subject to any mat¢rial departL￿¢S
disclosed and explained in the financial slat¢m¢nts" and
prepare tIK f￿anCIal ststelr￿nts on the Boing concern basis UDless it is inappropriate to presume that thc
haTity will continue in business.
Th¢ trusÈ¢¢s are T¢sponsiThle for keeping prop¢r ￿￿o￿lting records that disc108¢ with reasonable ac¢uracy ai any
tb¢ financial position of the chayity ¢[￿b]e them to ensure that the fiDaD¢i815tatements comply with the
Cb3Tities Act 2011, the Cbarities (AG¢ouryls and Reports) Re8u]ation$ 2008, and th¢ provisions of the
constitution. The trustees are aIso r¢spoEJsible for safeguarding the 2ss¢ts of the ch8rfjty and h¢n¢¢ for taking
reasonable steps for the prev¢ntion and d¢¢¢ction of fraud and other irr¢gu]arities.
The Irustees ar¢ rc5ponsible for the maintenanc¢ and tDt¢grity of the corporJ¢e and financi￿ information
included on thc ¢haritsble companys website. Ixgislation governing th¢ pr¢paration and dissemination of
statements may differ from legislation in other jurisdictions.
Approved by the tnLStees of th¢ ¢h8rity on
. and signed on its behalf by.
Mr DP En5¢11
Pa8e 3

Howard Charitable Trnst
Independent Examlner's Report to the trustees of Howard Charitsble Trust
I report to the t￿sLee5 on my examination of the &c¢ounts of Howard Cbaritable Trth8t for th¢ y¢aT ¢nded 5 April
2025.
Responslblutles and ba$ts of report
As th¢ charity tr￿St¢¢S of Howard ch￿￿table Tnjst YOU Ar¢ r¢spoDsible for the preparthn of th¢ s¢￿￿nts ID
accordaDC¢ with th¢ rwuirements of the Charities A¢t 2011 ('Ihe Act,).
I rwrt ID ￿sp￿t of my &x8mination of the Howard Charirable Trnsvs accow)ts canied out tsndcr scction 145 of
the 2011 Act and tn ca￿￿llg out my examination I hav¢ followed all the appli¢abl¢ Diredions gven by the
Charity Commission ￿￿er section 145(5)(b) of the ACL
Independemt e￿n￿ller'S ststement
I have completed my examination. l ¢onfinn that no n￿terial matters bave ¢om¢ W my attentio¥A in Comi￿tIOn
ith the exomination giving m¢ ¢Aus¢ to beli￿¢ that ID nmterial respe¢t..
l. accouDting records were nth kw in ￿SpeCt of Howard ClwitabLe Trnst Tequired by sectlon 130 of th¢
Acl., or
2. the accounts do not accord with thos¢ re¢ord8.' OT
3. the accounts do nol comply with the a¢¢ounting requirem￿18 Col￿ernIllg the fornk aTKI contenl of accounts
set out in the Charities (Accouttts and R¢ports) Regulations 2(K)8 other than any requirement that the
Accounts give & 'true and fair vi¢w' which is not a matter ¢otssid¢T¢d as p&rt of an independent
examination.
I have no concerns and have come across llo other matt¢rs in connection with the examination lo which attention
should be drawn in this Teport in order to ertable k prop¢r widetEtanding of the accounts to be reached.
David B¢T3nl
FCCA
Buckler Spencer Ltd
Old Police Station
Church Street
Swadlincote
Derbyshire
DEI I8LN
Page 4

Howard Charltable Trnst
Statement of Financial Activities for the Year Ended 5 AprRI 2025
Total
2025
UDrestrlcted
Not¢
IA¢ome EndoTYmeDts from:
Investsnent incom¢
Other Aticom¢
43,485
49,986
43,485
49.986
Total In¢om¢
93.471
93.471
Expendhure on:
Raisitig fimds
Charitable aetiviti¢$
(47,309)
(72,719)
(47.309)
(72.719)
Tothi Exp¢ndiro
120,028)
120.028)
Nel ¢xpenditure
Unrealised gains/Oosses) on investments
(26,5S7)
36.770
(26.557)
36.770
Net moveffj￿t in fiwls
10213
10,213
Reconduatlon offwnds
Totsl fiwds bTought foTward
2,125,243
2.125243
Tot￿ funds carried forward
13
2.135,456
2,135,456
Totsl
2024
UDre$trl¢ted
Note
Income and Elldowmentl froth:
I￿estMe1)t income
Oth¢r TrDcon
53,766
40.177
53.766
40,177
Totsl It￿￿me
93,943
93,943
Expenditsre OD:
Raising funds
Charitable a¢tiviti¢$
{11,954)
163.895
(11,954)
163,895
Total ExpeDditUTe
175,849)
(175.849)
Net exp¢nditure
UnTealised gainslOosse$) on investments
Net movement ill fithds
(81.906)
(558,866
(81,906)
(558.866)
(640.772)
(640,772)
Recomelllatlon of
Totsl fi]nds brought forward
2,766,015
2.766.015
Totsi fimd5 WTi¢d fonvard
13
2,125,243
2.125.243
All of th¢ Ch￿ity'S activities derive from contitiuing operations during the abov¢ two petiods.
Th¢ fimds breakdo￿￿ for 2024 is shown in note 13.
Th¢ not¢5 pages 7 to 13 forn) an intcgrnl part of these financial stat¢EKDts.
Page S

Howard Charitable Trust
(Regl8tratfion number: 274309)
Balance Sheet as at 5 Aprll 2025
2025
21124
Note
Flxed assets
Tangibl¢ us¢ts
745.292
667.550
Current assets
Debtors
Inv¢5tm¢ntS
Cash at ballk and in hand
12,085
1,332,647
91.872
9,842
,348,636
130,595
io
1.436.604
1,489.073
Creditors: All￿UntI faUSng due wltlthi one y¢#r
Net current Assets
12
46.440
31,380
1.390,164
1,457.693
Net ¥s$ets
2,135,456
2,125.243
FuDds of the charity".
Unrestrieted fund$
UnTestricted
2,135.456
2,125.243
Total funds
13
2,135,456
2.125243
ancial statem¢nts on pag¢s 5 to 13 were approved by the irnst¢¢s. and authoTised for issue on
i.S.. ¥ud $ign¢d on their beb8]f by:
Mr DP Ens¢ll
Trustee
Thc no1¢5 on pages 7 to 13 forni ￿ integral part of these fmancial statements.
Page 6

Holvard Charitable Trust
Note5 to the FinanciaI Statements for the Year Ended S Aprll 2025
l Accounting polldes
StAtemeDt of compllance
Th¢ fjnaD¢ial $tat¢ment5 hav¢ b¢¢n prepared in accordance with the S¢CODd ¢dition of the ClJariti¢s Stat¢m¢nt of
Re¢omm¢nd¢d PTactiC¢ issued in October 2019, the Financial R¢portiDg Standard AppIT¢abl¢ in the United
Kingdom R¢publi¢ of Ireland (FRS 102) and the Chariti¢8 Act 2011.
B*si$ of prep2ratitsD
Howard Clwitsble Trust meets th¢ d¢fit)itiott of 8 public benefit entity under FRS 102. Tbe accow)ts (financial
statements) have been prepared ulld¢r th¢ histori¢ai c05t ¢onYention with items reCo￿lS¢d at cost or tranS￿tion
V￿￿¢ wiless otI￿rwise $tai¢d An th¢ r¢l¢vant note(s) to these accounts.
Going coD¢erD
The truste¢s ¢on8ider that there 8t¢ no material ullc¢rtainties abow th¢ charitys abi]ity to contiMu¢ as * going
¢OnC¢nL
Ineome and endowments
Exptndlthre
All ¢xpendilure is r¢cogni5ed once there is a legal oi Constru￿]ve ob]igation to that expenditure. it is probabl¢
settl￿ent is required and the amowit can be measured Teli8bty. All costs are allocated to th¢ applicabl¢
expenditw¢ h¢ading that aggregate simtlar costs ￿ that ¢at¢gory. Where costs cannoi be dircdly attrRbut¢d to
particular headings they have been allocated on a basis consistent with the use of resources, CCDtral 6tAff
costs allwAted on the basis of spettl and depr¢ciation charges allocated on tb¢ portion of the asset's we.
Other support costs are allocaÉed based on the spr¢ad of staff costs.
Char￿AbLe aclivilies
Charitsble expendittue eornprises thos¢ costs ithgurrea by the charity in tbe d¢]iv¢ry of it5 activities and seTYices
for its beneficiaries. It includes both costs tbat can b¢ allocated directly to such activiti¢s and those Costs of an
It￿lre¢t natt￿e necessary to support them.
DuTtng th¢ y¢ar, £52,719 was donated to thc charity Chrisiad¢lphian Care Homes (CCH) who and manage
multiple care homes throughout tlje UK. The doDation is to help subsidise th¢ r¢sid¢nts who are
non-ChristAd¢lphian l£163.225 2024).
In additio￿ £1,324 was donated to CCH to fvnd tra￿1 eXP¢DS¢S so that residents are abl¢ to BO OD OUtiTrgs (£670
2024}.
GMntprowi¥ions
Provisions for grants are mad¢ wh¢n th¢ ititrntion to make a grant has been commutti¢4ted io the recipient but
there is un￿rtainty about eith¢r th¢ liming of the grant OT the 8mouDt of grant P8yabl¢.
Support fosts
Support ro$ts in¢lwl¢ c¢ntrat fiu￿tionS and have been allocated to activity Cost categories on a basis consistent
with tb¢ use of resowces, for exa)nple. all￿￿titig prowty costs by flooT areas, or per capit4 staff costs by the
time spent and other cosls by their usage.
Page 7

Howard Charltsble Trust
Notes to the Flnancial Statements for the Year Ended 5 Aprll 2025 (continued)
TautlDn
The chatity is coD5ideTed to pa&$ the tests set out in Paragraph I Schthl¢ 6 of the Finanec knt 2010 aDd
therefor¢ it meets the definition of a ehÈr¥tabl¢ company foi UK co￿OratIOn tax purpose5. A¢wrdingly. ihe
¢htirity is potentially exempt from taxalion tn respect of incoTne or capital gains rcceivd witbin categories
covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or S¢¢tlOD 256 tsf the Taxation of ChaTgeable
Gains Act 1992, 10 the ￿ent thai 5ucb income or 8ains are appli￿ ¢xclusively to charttsble puryoses.
Current asset knve8tments
Cutr¢Di ¥ss¢t inv¢stmeDts ore %￿luded at markct value based oo a vacant POSS¢%5ion basis.
TrAde debtors
TT&de d¢btors are amounts duc from cu5ton)ers for merdJandis¢ sold OT Services perform¢d its th¢ ordinary
ours¢ of bus7ness.
Trad¢ dcbtors are recognised initially at th¢ transaction pric¢. IW Jr¢ subsequently ll￿&$￿¢d at amortised cost
using th¢ ¢ffective interest method. I¢ss provision for Ilnpairn￿t. A PTOViSiOll for the impairm¢nt of is
¢stablisbed when there is objective evid¢n¢e that the will b¢ abl¢ lo ¢ollect all amoullts due aCCOTding to the
OTiginal tern￿ of the receivabks.
C*sh and ¢a5h equivalents
Casb and cash ¢quivalents comprise cash on hand and call deposits, and other short-terni bighly ]iquid
inve5th¢Dts that are Teadily convertible to a known amount of cash and are subject to an illsignifi¢ant risk of
change in valu¢.
Fwid strnttsr¢
ul￿eStrIcted incolne fi￿a5 are general funds that are av8ilabl¢ for use ai the t￿￿teeS discr¢tion in fivtheTance of
the objectiycs of th¢ charity.
Finan¢i&l iDStrurnents
Clws4ficalioR
Financial assets and f￿anCIal liabilit1¢5 aTe reco8nised vkn¢n th¢ charity beconKs A paty ¢0 the COntr￿tual
provisions of the instrum¢nt.
Ftnancial liabilitiBs and ¢quity iDslnmxnt5 are Classified A¢¢ording to the substan¢e of the contsactrjal
atrangements entered into. An ¢quity insknnt is any contra¢t that evidences a residual iDt¢r¢sl in the assets of
the charity after d¢ducting all of its liabilitie5.
Pag¢ 8

Howard Charltable Trnst
Notes to the Financlal Statements for the Year Ended 5 Aprffil 2025 (continued)
Recognlrfom and
All financkal &$set8 and liabAliti¢s iDitiaIly m￿￿ed ￿ tranS￿tiOn pric¢ (including transaclion costs), except
fot thos¢ finaDcial as8¢ts cla5sifi¢d a5 at fair value througb profit or los& whi¢b 8r¢ initially measured ai fair
value {which is nornully the transaction price ex¢luding transaction costs), unless the Arrangement romstitut¢s
financing transactÉon. If an arrangement constifytss a fin8n¢iDg transaction, tbe financi￿ ass¢t or f]nan¢ial
liability is measured at the presetjt value of th¢ fitture pJynKnts discowlted at a m8rk¢t 13t¢ of Intere￿ foT a
similar debt instsument.
Fillancial ass¢ts and liabiltti¢s only offset in the S￿tell￿1 of fillanc￿ positiou Whe￿ and only when there
ists a l¢gally ¢nfor¢¢abl¢ right to set off the recognised amounts and tb¢ charity int¢nds either to setde o
basis, or to T¢alis¢ the ass¢t and settle the liability simultaneously.
Financial assets are derecognised when and only wh¢n a) the ¢on¢rnCtual rights to the aesb flows from ti
fumncial asset expire or are settled. b) th¢ cbarity transfers to another party substantially all of the risks and
rewards of ownership of the fjnancial assel w ¢1 th¢ ¢hority. despite having retsined som¢. bul Dot all.
signifjcant risks rewards of ownership. has trausf¢tt¢d control of the asset to aJM)ther paty.
Financial liabililies are derecognised only when th¢ obligation spe¢ified in the Contract is di￿l￿ged, ¢an¢elled
OT expires.
Inveslments
Invesknents in non-convertible preference sbares and nott-puttabl¢ ordinary or weference sl)ares {Mrhere slwes
e publicly traded or tbeir fair value is Teliably meLsurnble) are measuT¢d at fair value through ptofit or loss.
Where fair value cannot be measured reliably, inv¢skn¢nts •r¢ rncasurcd P4t cost less impairment.
Inv¢sknents iti sub$idiari¢s aud Lsso¢iat¢s are measured at cost less impairmellt. For inv¢strn¢nts in subsidiaries
a¢quired for ¢0￿sid￿tiOn iti¢ludittg th¢ issue of shares qualifying for merger rc]ief, wst is n￿as￿ed by
r¢f¢r¢n¢e to the nomiml valu¢ of the 5bare8 issued Ph￿ fair V8h￿ of other considu&tioTh Any premiw)] is
i￿ored.
F4ir value measurement
Th¢ besi ¢videnc¢ of fair value is a quoted price for an identical asset in an active rnarket. When quoted prices
r¢ UDavailabl¢, th¢ pri¢¢ of a ￿¢¢nI ¢rdn5actioD for an identical asset provides evidenc¢ of fair value as long 8S
th¢r¢ b&5 not be¢D a 5ignifi¢ant chang¢ in economic circumstances or a significant lapse of time since the
transaction took place. If the market is not active and reeent trangactions of an identical asset on their own are
not a good estimate of fair value. the fair value is estinMted by using a va]uation technique.
2 Investment IDcome
Unrestrlctsd
fund8
G¢ner*l
Tot*1
funds
Other inconK from fixed asset investmellts
43,485
43,485
Totsi ffjr 2025
43,485
43,485
Totsl for 21124
53.766
53,766
Page 9

Howard Charitable Trnst
Notes to the Financial Statements for the Year Ended S April 2025 (continued)
3 Other Income
Unrestrleted
funds
General
Total
fDDds
R¢ntsl incomc
37,807
37.807
Total for 2025
37,807
37,807
Totsl for 2924
37.380
37.380
4 EipeDdlture rgislllg funds
*) Cort$ of tradI￿g a¢tiviti¢s
Unr¢stricttd
fvnds
General
Total
ds
Note
Other direct cosls of activities for generating fijnds
58,985
58,985
Totsl for 2025
58.985
58,985
Totsl for 2024
16,563
5 Expenditsre on chlritsble A¢tiviti
UnrestrActed
Total
funds
General
Note
Grant fijnding of activities
72,719
72,719
Tol•l for 2024
163,895
163.895
Page 10

Howard Charitable Trust
Notes to the Financial Statement5 foT the Year Ended S April 2025 (continued)
6 Trustees remuneratlon and expenses
No tystee5. nor any Persons conn¢ct¢d with theni have Teceived any remW￿ration from the charity during the
No trust¢¢s hav¢ r¢c¢tY¢d any r¢imbursed ¢xper]s¢s or any oth¢r b¢n¢fits fTom the chartty during the year.
7 Tax*tloD
The chatity is a registered charity attd 1$ therefoTe exempt from taxatio
8 Fixed asset Investments
2025
2024
Tangible assets
745.292
667,550
IDvestmenl propertiei
Tanglble assets
Cost or ValuatS0
At 6 April 2024
Revah￿tiQD
667.550
77.742
At 5 April 2025
745,292
Provlslon
At 5 April 2025
Net book value
At 5 ApTiI 2025
745,292
At 5 Aptil 2024
There has bttn a valuation of investment propety by an ixikpend¢rt VA]uer in this year.
667.550
9 DebtDTS
2(125
2024
Trad¢ d¢btors
12,085
9.842
Page 11

Howard Charitable Trust
Notes to the Financial Statements for the Year Ended 5 Aprll 2025 (continued)
10 Current asset investments
2025
2024
Listed other shares
Unlisted other shares
.206,521
126,126
,206,745
141,891
1.332.647
1,348,636
11 Co8h 4nd ¢•sh equlvglents
21125
2024
Cash ai bank
91,872
130,595
12 Cr¢ditorJ: amoun15 falllng due wkhln ye4T
2025
2024
Other creditors
46,440
31.380
13 Funds
Other
Rests￿ree&
re￿E￿iSed Balance *t S
expended galnsloosses) Aprll 2025
Balan¢e 4t
Apnl 2024
Incojjthig
re50urce8
Unrestrl¢ted funds
General
2,125,243
93,471
(120.028)
36,770
2.135,456
Other
r¢¢ognl$ed Balamce at 5
gAIDsIO086e5) April 2024
Balance 4t 6
AprS12023
Re50urees
expended
r¢wur¢es
UDrestrlcled fKnds
General
2,766,015
93,943 ￿]75 8491
558,866
2,125.243
Page 12

Howard CharitPdble Trust
Notes to the Financial Statements for the Year Ended 5 April 2025 (contlnved)
14 Analysi5 of net *￿etS between funds
Unrestrithd
fwnds
General
Total funds at
5 Aprll
2025
Fixed asset itivesttnen
Current assets
Cury¢nt liabilities
74S,292
1.436,604
(46,440)
745,292
1.436.604
(46,440
Totsl net assets
2.135.456
2.135.456
Unrestricted
fuTrd5
GeDeral
Totsl fuDd$ at
5 April
2024
Fixed asset inve51ments
Cumt assets
667,550
1.489,073
31,380
667,550
1.489.073
31,380
Current liabilities
Totsl net assets
2 125 243
2 125 243
Pag¢ 13

Howard Charitable Trust
Detsiled Statement of Financial Aetivities for the Year Ended 5 April 2025
Total
2025
Total
124
1￿Come and Endowrnents from:
InvesthKDi in¢ome (analysed below)
Other income (analysed below)
Total in¢om¢
43,485
49.986
53,7fO
40.177
93,471
93,943
Eipendlture on:
Raising fi￿dS (analiT¢d below)
ChaTitsbl¢ activities (anatysed below)
Total expenditure
Net expenditur¢
Unr¢aliscd gain on investsnents (analys￿ IKlow)
(47,309)
{72,719)
(11,954)
(163,895}
120,028)
175.849
(26.557)
36,770
(81,906)
558.866
Net movement in fill￿1$
10213
(640.7721
R¢¢Dncili*tioD of fllDds
Total funds brought foThvard
2,125.243
2,766,015
Total fimds caTried fonvard
2,135 456
2 125 243
This page do¢s not fomi part of the statutory rma￿la7 statenKnts.
Pag¢ 14

Howard Charitable Trust
Detailed Statement of Financial Activities for the Year Ended S April 2025 (contfinued)
Total
2025
Totsi
21124
Investhentifteome
Incom¢ from listed investsnents
43,485
43,485
53,766
53.766
Other ineome
Rental income
Otbet Ancojne
37,807
12,179
37.380
2,797
40.177
49,986
Rulsihgfmnds
R¢ntsl prop¢rty ¢xp¢ns¢s
Charitsble donalions
ItsdependeDt exatniner's fee
(PTofitVloss on sale of intangible fixed ossets held foy charits4s own us¢
(58.985)
{3(Kb)
(1,440)
13,416
(16,563)
(8,011)
(1,380)
14,000
(11.954)
Charitable aclivihes
Grants payJble- instilutions
(72,719)
(72,719}
163,895)
(163,895)
Fund5 - TTaDsfeE of r¢alis¢d ievaluation profit5
36,770
(558,866)
This pag¢ does noi forni part of the sta￿tOry f￿￿1￿1 stat¢m¢nts.
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