Jose h Nickerson Charitable Foundation Trnstees, Annual Re ort for the Year EDded 30th A ri12025 Details of the Chari The Trustees of the Charity are: Lady Eugenie NiCke)ll Louise Josephine Baltesz Edward Robert Nicketson William Jeffrey Emms The registered number of the Charity is 276429. The adthess of the Cknity is: Villa Office Rothw¢ll Market Rasen Lincolnshir¢ LN7 6BJ Ob'ects of the Chari The income and capital of the Charity is held on trust for such charitable purposes. charitsble institutions or cbaritable foundations situated within the United Kingdom as the TrLLStees may deterniine from time to time. Review of the Chatities Activities During the year ended 30th expenditure:_ April 2025, the Charity inCUed the following Educational grants t(J young persons to a&sist in fllMncing fither education 2.750.00 Donations to various local and national Charitable purposes and institutions 27244.00 Outings and activities for senior citizens and young FOn$ of Rothwell Village 834.) Building overheads and repairs 9259.00 Sundry expenditur&knagement Fees 12,690.00 52,777.00 Signed on behalf of the Tnlees. Trustee Dated: 2* October 2025 27.10251JNCFlkf
Joseph Nickerson Charitable Foundatlon Report and FInCIal Statements Year ended: 30 April 2025 Chartty no: 276429 Xelnadin Humber Limited Hanover House 117 - 119 Cleethorpe Road Grimsby N E Lincolnshire DN313ET
Contents Pages Legal and adminislrative infonnati¢)n Report of the trustees 4-5 Examiners, Report statement of financial aclivities Balance Sheet Notes fomiing part of the financial staternents 12
LEGAL AND ADMINISTRATIVE DEfAILS TTUStees.' Lady Eugenie Ni¢kerson Louise Josephine BaesZ Edward Robert Nickerson Iliam Jeffrey Emms Registered Office: Villa Offi Rothwell Market Ra Lincolnshire LN7 6BJ Examiners.. Xeinadin Humber Limited 117 - 119 Cleethorpe Road Grimsby. DN313ET Bankers: Lloyds Mer Row Louth Investment Managers: Cazenove Capital managernt Limited 12 Moorgate London EC2R 6DA
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2026 Report of the trustees for the year ended 30 April 2025 The truslees have Ure in pYesentirvJ their nUal repJt firwKial Stalements ofthe charity. Rofornnce and alministrallv• details of th• charity, its trt•41 and advl•arn Referen arKI &Jmini8tr8tive details are slKMn in Ihe schedu18 page 3 of the fina{al $lat&nentS. The Trust996 Tho trustees who servejj t durirwj the year wen as folk)ws'. Lady Eugen¢e Nickerson Louise Josephine Battesz Eoward Robert Nickerson Ilk Jeffrey Emm8 Structur• The Joseph Nickerson Charitable Foundat 1$ an unInCryn charity gDvem&Y ty a trust deed regislefed with the Charity C(mISSK)n. ObJocllv88 and actMtI•• The in¢an• ar capital of thg charity is hJ on trust for such ¢harftabl6 purp)ses, charitable inslrtutions or charitable ftyjndanS situated wthin the United Kingdom as the Trustees may detemiine from lime lo tlme arMI are wlth th¢ Chartty'8 Otl'ethes as sot out In the said trust deed. Achlav•m•nts and porfomi•nc• The charity has cJ)nlinued lo make VWKW$ bxal ¢onmunty educabonal grants durirKJ tho period. Flnanclal rnvl The charity L8 in a sound fin8rthl h)n wlth $ubtrtlal re8ource8 whth wlll ext the 8c4)pe for donaticS in Ihe fvIu. Plans for furg pertod• The charty will continue with its charitth thJ'eclive8 a88iSt8J by the in¢rea8ed r880urce8 at its di8PO8al. Tru8to9¥' Respon•lbllltlo8 The Iruste8s are respc$1bl8 fc preparing the TNste¢s' Annual Report and the financial statements in accordance with applicable law and Unit&J Kingdom Acuunting Standards (United KSngdom Generalty Ac£epteAI Acxounbng Prxttil. The Lgw )pIlc8b to carities in EngL8nd & Illdes rewires the trustees to ppare financial Statements for exh financBI year which give a true and fair vivw of the state of affairs of the charity and of the incomiro resources and arplicallon of rescyjrces of the chanty for that period. In preparing the8e financial statements the trustaes are to: Sdect SUrte )UntIng and t appty them ¢$tenIty. Obserye the methcmjs arKI pripIeS in charit SORP: Makejudgments arKI estn8tes th* ¥e reasonab and prudent Stale whether aF?1ble accountiro standards been follcy•ved. subj8X to ary materol departures discbsed and explained in the financial statements., Prepare the financial sLrytements on the wng concem basis unless it is inappropriate lo presume that the Chanty will Gontinue in cperats"on.
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Rgport of the t¥t00S forthe year èrxled 30 Aprfl 2025 (conlinuod) The trustees are responsible for keeping Proper nb"ng rpxords that di5clrtse with reasonable curacy at any time the financia posltson of the chanty and enabbe them to ertsure that the financh31 statements Comp with the Charitie5 Ad 2011, the Chanty (Ac£ounts and Reports) Regulations 2W8 arKI the provisior6 of the tNst deed. TW are a150 reSpS1b for safeguardirvJ the assets of the charity arKI hen taking reasonable steps for the wevention and detect of fraud and other irrUlaTIt1es. Independgnt Examlner8 Xeinajin Humber Ltd were poInt as indewKtent examiners during the year. This report was aF)proved by the Trustees on 19 thJ2)2s. and sdn on their behalf by: W J Emms ITrusteel
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Independent Exnlnerfs R•port to th• Tnmtees ofthe Joseph Pkkorson Charitable Foundation I reFOrt on the aco)urts chity for the year ended A1 2025 are sd out on page$ 7 to 13. Rpe¢v$ r•spc4tslbilttles o1truBt and eXIner Thg charity's Injstees are [eSr1b1e for thg pE4[atin of the accounts. Th• charills trustees consJer that an audit requ¢ for this year under s&xon 144121 of Charthes Acl 2011 Ilhe 2011 Adl and thai an independent exJnwtion is needed. It is my responsthknty to.. eXarne Ihe ¢ourts under sed#)n 145 2011 Art folk)w the predureS laKI in the gTal Dwecl1 gThn by thg Charity ¢15510n under $edion 145(5llbl orttr 2011 kn, B9818 of Ind•pond examlnees Tewt My examinatkn)n w85 caTTied out in accordan wrth the genwal DYe(ons gfiven by the Charity Commlssion. An examinathjn indudes a of Ihe accy)unting rec(¥ds kept by the charity and a comparison ol the accounts presented wth those rewd8. It ats N)dudes SleratiOn of any unusual items or dtscbsures in the accotmts and seek9 explanat$ frcn you as IStee5 concernirw 8ny suth m8tters. The prc£edu undertaken do nc4 provwje all ewd¢n¢e that Duk1 be ruired in an audrt and consequentty no opin)n is given as to whetherthe accOus a 1rue and fair VI ar the report is IrTUted to those mattars set ¢JJt in tr stement bdow. IndependEntenInerfs ¥tt•n•rt I hav& c(JnWed my eX8Thnab0n. l ojnfwm that no mwial matters have cc4ne to nry attentKJn in )nnel with the ex8minabon 9fvkng m f2USè to tekn that in any materAI resFrft. to keep arthJntivJ a)ra seLIkn 130 ofthe 2011 Nd.. ac£ounting reqUwerS of the 2011 Ad: ( the do Thjt ojmpty the aPtre reffjirempJts (y)nwlj the fomi and content of aCUnts sd out the chariti.ès IkccMJnts aThJ Reports) RegulalN)ns 2CI)8 olher thaEk any requirerrnt that the aoxjunts gNe a and fair vw4 whth is not a matter cOnsered as part ofan independent 8xanKiation. I have no cx)n¢ems aTrY have cryne acr(w no [rth matters in neC)n ith the examination lo whh attention $houVJ i dr¥n in thk% ret in order to enable a protw understanding of the &counts to be reachgj. Mart Stc¢ha FCA x&nad HumberLtd D8t8."
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 SLrnent of Flnancial Activitles for the year ended 30 Aprfl 2025 Total 2024 Funts Funds 2026 Inc(rfnlng Resourtes IncomiThJ resour$ from generated fitryts: Voluntary inccrfne Donations and grfts Legaues ActivTrties for generatiNJ fund&" Merchandising Income Investsnènt income Incoming r&8ources from dwitabb &liiitkn&" Rents 1Ve Nei gain on disws81 Off assds 2.126 2.126 3,034 73.e63 74.226 Trt¥l incomlng rnsour¢o• 75. 75,790 77.281 Charitable adivibes Gov8marce costs 132,725) 120.052) {32,7251 119,0401 {20.0521 154,4031 Total expended 152.7m {52.7771 173,4431 Nel inMing resourc8$ I (resr expended) betore translers 23,013 23.013 3,818 Ngt gan)lI0s5eSl and revalu*ion5 on irNestm 193.4731 193.4731 71,116 N•t movwnent In funds {70,4eA)I (70.460} 74,394 Fund baLqrKeS brCh1forw¥rd al 1 May 2024 1,W.726 1,4,72fj 1.829,792 Fund baLaThx txried fclwdrd al Awl 2025 1.834.266 1,834,286 1.W,726 Al( of th8 aVe repdjls we dwNed frcffn a¢Jlvtss. Al gains and h)ss•s reo)Jnised in tho yr are induded above.
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Charlty Balance Sheet as at 30 Aprfl 2026 2028 2024 Flxed assets Tangibb assets InvesbY•rts 116.700 118,4C(> 1.094333 t.747.046 1,711,033 1.885,446 Cwront al Cash at bank and In hd 126.637 42.275 12S,838 42,275 Cr•dltorn: 4mourt• falmbvj du• wltrdn y••r 114041 12,995} N•t cmnt 11•4ts 123.231 39,280 Total a•••t• t•M currnnt lablllll•• 1.8¥M6 1,W,728 Cr•dltorn: nounts fallffj du• •ft•r morn th• on• y•ar N•t 4••ots 1.8¥2e6 1.W4,728 Unr••trlct•d fund• General fund8 Designaled lund8 1.8x286 1,9)4,n8 1.8¥266 1,904,728 R••trf¢t•d I)d4 Total lund• 1.834.2e6 1,904726 The finondal statemrts on poge$ 7 10 12 autlK¥knJ f¢¥188u8 by th& tru888 aTrJ sned on their behalf Oy: rroll8, Trustee Dated I
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Notes fomiing part of the flnanclal statements ft)r the year ended 30 April 2025 The financial stataments of thrty, v+ttth is a pubk tenefft entlly undet FRS tol have been epwed in aCcOrdae WTth the Chities SORP IFRS 1¢Y21 'Actourrting arKI Repcwting by Chities.' Ststement of RMMeIe pract appfrcable to tharthes Preparing their ac£ounts in a(X0rdan vhth the Financial Reporting StaThlard appbcabk in the UK and Repub&c of IrelaTrJ (FRS 1021 leffethe I January 20151., Finanaal Rep("n &andard 102 'The Finaroal Ret¥j StaThJard applKable in the UK ar Republ of IrekrKJ' and the Charties Ad 2011. The finanryal SeMentS have been prepared und the htOrICal ct con¥erthi thè exCertI of VfiK we dUded 8t market value. Ibl Fund accounii General are urestrided fijnds are aVarL8b for use at the discretion of thè trustèes In furtheran of the gen1 ot¥e(Iw ot the ch8rity and he nc4 baen destgnated for other purposes. Designated fvn¢ts ¢omprL%e unrestrthd fijnds that have teen set aside by the trustees for particula¥ purposes. The aim and use of exh ¢Jèsignated fvnd is set txrt in the notes lo the fiar131 stat&nents. Restricted lunds e fvnts we to be used Èn an¢& WTth specific Testrictions imwjsed by donors or whK have been rawl by the charity fi)r particular purwses. Tr cost of ro15ing and drninistering such funds we dHrg&Y against the spe(th fvrll. The alm and e of r&stricled ftjnd Is set out tn the notes tothe finan¢ial slatements. Endmnerrt fund8 rewet Ihose assets must be held pem)anentty by the charty, prindpal investments. Ir]corrE arising on the endowTnenl fiJThJs ¢xn L used in ac£ordance with the objects of th& charity and is induded as nrestried incorne. capit81 gains or lo&%es arising on the investments forrn part of the lund. Investrrent rnanag charges and legal adVe rdating to the lund are charged ag8inst fund. Invesbnent incc¥ne and gains are alhxated to th• appYq)rtate ftsnd. In¢¢)mlng rpsouree8 l¢} Al incoming resour$ are FA llen the tharity is legalty entilled to the incc¥ne and the amourrt can b8 quantified wth reasonable For Fewie8. entient i% thé eartier ofthe tharity bng notffied of an imdIrj ¢fthtt5u)n orthe being reNed. Gitls in kirKJ doned for distributJn iTrSuded at Va10 and rwnised as ire V+fien they are distribvted to proie(s. Gifts donated ts resak a indudad as irrne when thty are sokl. Donated facilities are incbjded at tt value to the charity V+fiwe Ix) be quantffied and 8 thwd paty Is bearin9
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Id} ReUre•S expe All expenditure accounted on an ac£w8Ls tr15 aNI has been csftd under he8(lings that aggregale 81 costs rdated to the calry)ry. ere ojsts cannot be direct attfibuted to particular headings Ihey have teen alk)ced lo activitBs on a basis cxxistent with use of the resource5. Premises overheads have teen alkxxted on a Ilw bas and otrr oveth&ads have teen alWed on the basis of the head cwnL Fund-rai8Tr19 0)sts are tIM)se iKaJThed se8kn"ThJ vdurrtary 0)ntrIbNIn5 and do not ilUde the costs of disséminating inf(rnatiL in Swrt OF the charitable athibes. SupFth costs are those costs incu¥ted directy in support rf ewditure on the 0tr4e(ts clthe ¢artty and dUde prqecl managerTWt carrd out at Headquart$. Managwnert and a(knInistrat o)sts are those inCrred in connediLX) with administrathjn oftha chafty wnwliance with (Thstlutiorol and statrtory requirem&ts. {el Tanglbl• Ilxod assets arKI fkpreciation Tangible fixed asset$ costing rrThp than £1.(M)O Capitali and induded at co induding 8rry incKlental expenses rfacqyi8it*)n. Depfecl8tb Is Fwovthd on all taThJPJle fixwl assets at calculat&J to vrfite off the cost a straight Freehokl knd Freehold buildings over50 years ifj Investmwts Invesbments we ststed al markd value al the bakn1 sheet dat& Ths SOFA indudes net gains and hJ&8es arN)g on ruat)ns aThl dpOs5 thnwhoui the year. 2025 2024 74.226 73,663 74,226 io
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 T¢al r•SOurc expended Otr Staff Dirpct Total 2025 Tcrfal 2024 Char¢table l¥ltIeS Building costs Merchandtsing costs Inveslment mana9emènifee¥ Residential care o)sts Childcare Emergency Semces Infomation and edLXh)n Support o)sts Management and admliistrati 32.r25 32,725 19,040 44,002 4.421 4,421 5,722 6.367 517TI 52,7n 73,443 ¢Unrat[l forthe st•t of Financial ActlvltF•• UnrMtrl¢ted R•trIct En0ryfi7nont T(al FdI Fund8 Fur Fund6 Inecrfnlng Rosourc•s Ino)ming resou$ from generated ftS.. Voluntary incthme Donations and 9rRs Legatres Activities for gènerab.ng funds Merch8ndisfng inc Investmenl inc£Mne 74.226 74,226 InCLyni fescyJrrs from (arrtable *Nfties'. Net gain on dispos81 frIed assets Total 772e1 7f.261 Resourc exp•nded Charitable adrti.eS GOVernar costs 119.040) {54,403) {19.040) 154,4031 Trtal r•soureg8 ewndod {73,4 (73,4431 Net inccrfning resources I Ireswr(xl ExFEn¢Jedl tthe transfers 3.818 3.818 Net gainslllosses) and vationS on investmÈnts 71.116 71,116 Net mov•n•nt In funds 74.934 74,934 Fund balances broughtforward 1.829,792 1.829,792 Fund balgnces ftyward 1.904.726 1.SYJ4,726
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Tangible flxed a¥••ts Fr•ghold land and buildings Totsl Al l May 2(r24 Additions Disposals 132.0(KJ 132.ODJ At 30 Aptll 2025 132,000 132,0(rf> Deprncialon At 1 May 2024 Charge forye8r Disposals 15,300 1.7tKJ 13,600 1,700 At 30 Aprtl 2tr25 15.300 15.300 Net book valu• at 30 Aprfl 202S 116.71J) 116,71)0 At 30 2024 118,4(KJ 118,400 Induded In freehold land and bsjildings at historic cost based on wobat8 value receNed by the charty are The Vlla Famihouse * £85.C(Q. agr¥)JlttJral Land at Reads 151aThJ at £40.fKX) and 18tYJ in Roth£11 village known h)calty as the pk8y9Tound at £7,¢MI. Credltors: falllny TIUth one y 2025 2024 Acryuals and deferred inojne 2,403 2,995 2A03 2,995 Staemont of funds At1M 2024 At 30Aprfl 2026 G•noral rw 1,904.726 T5,7 152,7rn (93.4731 1,84266 Totsl unrestrict•d fvnd¥1.904,726 75,79) 152.7Tn 193.473) 1.834286 Total funds 1.W.726 75,790 (52.777) {93,4731 1.8¥266 The Ger31 Teswvè reprewtsthe tree luTrJs oftr dwrly arg des¥r for partxk9T PLYpose8. 12
Joseph Nickerson Charitable Foundatlon Report and FInCIal Statements Year ended: 30 April 2025 Chartty no: 276429 Xelnadin Humber Limited Hanover House 117 - 119 Cleethorpe Road Grimsby N E Lincolnshire DN313ET
Contents Pages Legal and adminislrative infonnati¢)n Report of the trustees 4-5 Examiners, Report statement of financial aclivities Balance Sheet Notes fomiing part of the financial staternents 12
LEGAL AND ADMINISTRATIVE DEfAILS TTUStees.' Lady Eugenie Ni¢kerson Louise Josephine BaesZ Edward Robert Nickerson Iliam Jeffrey Emms Registered Office: Villa Offi Rothwell Market Ra Lincolnshire LN7 6BJ Examiners.. Xeinadin Humber Limited 117 - 119 Cleethorpe Road Grimsby. DN313ET Bankers: Lloyds Mer Row Louth Investment Managers: Cazenove Capital managernt Limited 12 Moorgate London EC2R 6DA
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2026 Report of the trustees for the year ended 30 April 2025 The truslees have Ure in pYesentirvJ their nUal repJt firwKial Stalements ofthe charity. Rofornnce and alministrallv• details of th• charity, its trt•41 and advl•arn Referen arKI &Jmini8tr8tive details are slKMn in Ihe schedu18 page 3 of the fina{al $lat&nentS. The Trust996 Tho trustees who servejj t durirwj the year wen as folk)ws'. Lady Eugen¢e Nickerson Louise Josephine Battesz Eoward Robert Nickerson Ilk Jeffrey Emm8 Structur• The Joseph Nickerson Charitable Foundat 1$ an unInCryn charity gDvem&Y ty a trust deed regislefed with the Charity C(mISSK)n. ObJocllv88 and actMtI•• The in¢an• ar capital of thg charity is hJ on trust for such ¢harftabl6 purp)ses, charitable inslrtutions or charitable ftyjndanS situated wthin the United Kingdom as the Trustees may detemiine from lime lo tlme arMI are wlth th¢ Chartty'8 Otl'ethes as sot out In the said trust deed. Achlav•m•nts and porfomi•nc• The charity has cJ)nlinued lo make VWKW$ bxal ¢onmunty educabonal grants durirKJ tho period. Flnanclal rnvl The charity L8 in a sound fin8rthl h)n wlth $ubtrtlal re8ource8 whth wlll ext the 8c4)pe for donaticS in Ihe fvIu. Plans for furg pertod• The charty will continue with its charitth thJ'eclive8 a88iSt8J by the in¢rea8ed r880urce8 at its di8PO8al. Tru8to9¥' Respon•lbllltlo8 The Iruste8s are respc$1bl8 fc preparing the TNste¢s' Annual Report and the financial statements in accordance with applicable law and Unit&J Kingdom Acuunting Standards (United KSngdom Generalty Ac£epteAI Acxounbng Prxttil. The Lgw )pIlc8b to carities in EngL8nd & Illdes rewires the trustees to ppare financial Statements for exh financBI year which give a true and fair vivw of the state of affairs of the charity and of the incomiro resources and arplicallon of rescyjrces of the chanty for that period. In preparing the8e financial statements the trustaes are to: Sdect SUrte )UntIng and t appty them ¢$tenIty. Obserye the methcmjs arKI pripIeS in charit SORP: Makejudgments arKI estn8tes th* ¥e reasonab and prudent Stale whether aF?1ble accountiro standards been follcy•ved. subj8X to ary materol departures discbsed and explained in the financial statements., Prepare the financial sLrytements on the wng concem basis unless it is inappropriate lo presume that the Chanty will Gontinue in cperats"on.
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Rgport of the t¥t00S forthe year èrxled 30 Aprfl 2025 (conlinuod) The trustees are responsible for keeping Proper nb"ng rpxords that di5clrtse with reasonable curacy at any time the financia posltson of the chanty and enabbe them to ertsure that the financh31 statements Comp with the Charitie5 Ad 2011, the Chanty (Ac£ounts and Reports) Regulations 2W8 arKI the provisior6 of the tNst deed. TW are a150 reSpS1b for safeguardirvJ the assets of the charity arKI hen taking reasonable steps for the wevention and detect of fraud and other irrUlaTIt1es. Independgnt Examlner8 Xeinajin Humber Ltd were poInt as indewKtent examiners during the year. This report was aF)proved by the Trustees on 19 thJ2)2s. and sdn on their behalf by: W J Emms ITrusteel
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Independent Exnlnerfs R•port to th• Tnmtees ofthe Joseph Pkkorson Charitable Foundation I reFOrt on the aco)urts chity for the year ended A1 2025 are sd out on page$ 7 to 13. Rpe¢v$ r•spc4tslbilttles o1truBt and eXIner Thg charity's Injstees are [eSr1b1e for thg pE4[atin of the accounts. Th• charills trustees consJer that an audit requ¢ for this year under s&xon 144121 of Charthes Acl 2011 Ilhe 2011 Adl and thai an independent exJnwtion is needed. It is my responsthknty to.. eXarne Ihe ¢ourts under sed#)n 145 2011 Art folk)w the predureS laKI in the gTal Dwecl1 gThn by thg Charity ¢15510n under $edion 145(5llbl orttr 2011 kn, B9818 of Ind•pond examlnees Tewt My examinatkn)n w85 caTTied out in accordan wrth the genwal DYe(ons gfiven by the Charity Commlssion. An examinathjn indudes a of Ihe accy)unting rec(¥ds kept by the charity and a comparison ol the accounts presented wth those rewd8. It ats N)dudes SleratiOn of any unusual items or dtscbsures in the accotmts and seek9 explanat$ frcn you as IStee5 concernirw 8ny suth m8tters. The prc£edu undertaken do nc4 provwje all ewd¢n¢e that Duk1 be ruired in an audrt and consequentty no opin)n is given as to whetherthe accOus a 1rue and fair VI ar the report is IrTUted to those mattars set ¢JJt in tr stement bdow. IndependEntenInerfs ¥tt•n•rt I hav& c(JnWed my eX8Thnab0n. l ojnfwm that no mwial matters have cc4ne to nry attentKJn in )nnel with the ex8minabon 9fvkng m f2USè to tekn that in any materAI resFrft. to keep arthJntivJ a)ra seLIkn 130 ofthe 2011 Nd.. ac£ounting reqUwerS of the 2011 Ad: ( the do Thjt ojmpty the aPtre reffjirempJts (y)nwlj the fomi and content of aCUnts sd out the chariti.ès IkccMJnts aThJ Reports) RegulalN)ns 2CI)8 olher thaEk any requirerrnt that the aoxjunts gNe a and fair vw4 whth is not a matter cOnsered as part ofan independent 8xanKiation. I have no cx)n¢ems aTrY have cryne acr(w no [rth matters in neC)n ith the examination lo whh attention $houVJ i dr¥n in thk% ret in order to enable a protw understanding of the &counts to be reachgj. Mart Stc¢ha FCA x&nad HumberLtd D8t8."
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 SLrnent of Flnancial Activitles for the year ended 30 Aprfl 2025 Total 2024 Funts Funds 2026 Inc(rfnlng Resourtes IncomiThJ resour$ from generated fitryts: Voluntary inccrfne Donations and grfts Legaues ActivTrties for generatiNJ fund&" Merchandising Income Investsnènt income Incoming r&8ources from dwitabb &liiitkn&" Rents 1Ve Nei gain on disws81 Off assds 2.126 2.126 3,034 73.e63 74.226 Trt¥l incomlng rnsour¢o• 75. 75,790 77.281 Charitable adivibes Gov8marce costs 132,725) 120.052) {32,7251 119,0401 {20.0521 154,4031 Total expended 152.7m {52.7771 173,4431 Nel inMing resourc8$ I (resr expended) betore translers 23,013 23.013 3,818 Ngt gan)lI0s5eSl and revalu*ion5 on irNestm 193.4731 193.4731 71,116 N•t movwnent In funds {70,4eA)I (70.460} 74,394 Fund baLqrKeS brCh1forw¥rd al 1 May 2024 1,W.726 1,4,72fj 1.829,792 Fund baLaThx txried fclwdrd al Awl 2025 1.834.266 1,834,286 1.W,726 Al( of th8 aVe repdjls we dwNed frcffn a¢Jlvtss. Al gains and h)ss•s reo)Jnised in tho yr are induded above.
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Charlty Balance Sheet as at 30 Aprfl 2026 2028 2024 Flxed assets Tangibb assets InvesbY•rts 116.700 118,4C(> 1.094333 t.747.046 1,711,033 1.885,446 Cwront al Cash at bank and In hd 126.637 42.275 12S,838 42,275 Cr•dltorn: 4mourt• falmbvj du• wltrdn y••r 114041 12,995} N•t cmnt 11•4ts 123.231 39,280 Total a•••t• t•M currnnt lablllll•• 1.8¥M6 1,W,728 Cr•dltorn: nounts fallffj du• •ft•r morn th• on• y•ar N•t 4••ots 1.8¥2e6 1.W4,728 Unr••trlct•d fund• General fund8 Designaled lund8 1.8x286 1,9)4,n8 1.8¥266 1,904,728 R••trf¢t•d I)d4 Total lund• 1.834.2e6 1,904726 The finondal statemrts on poge$ 7 10 12 autlK¥knJ f¢¥188u8 by th& tru888 aTrJ sned on their behalf Oy: rroll8, Trustee Dated I
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Notes fomiing part of the flnanclal statements ft)r the year ended 30 April 2025 The financial stataments of thrty, v+ttth is a pubk tenefft entlly undet FRS tol have been epwed in aCcOrdae WTth the Chities SORP IFRS 1¢Y21 'Actourrting arKI Repcwting by Chities.' Ststement of RMMeIe pract appfrcable to tharthes Preparing their ac£ounts in a(X0rdan vhth the Financial Reporting StaThlard appbcabk in the UK and Repub&c of IrelaTrJ (FRS 1021 leffethe I January 20151., Finanaal Rep("n &andard 102 'The Finaroal Ret¥j StaThJard applKable in the UK ar Republ of IrekrKJ' and the Charties Ad 2011. The finanryal SeMentS have been prepared und the htOrICal ct con¥erthi thè exCertI of VfiK we dUded 8t market value. Ibl Fund accounii General are urestrided fijnds are aVarL8b for use at the discretion of thè trustèes In furtheran of the gen1 ot¥e(Iw ot the ch8rity and he nc4 baen destgnated for other purposes. Designated fvn¢ts ¢omprL%e unrestrthd fijnds that have teen set aside by the trustees for particula¥ purposes. The aim and use of exh ¢Jèsignated fvnd is set txrt in the notes lo the fiar131 stat&nents. Restricted lunds e fvnts we to be used Èn an¢& WTth specific Testrictions imwjsed by donors or whK have been rawl by the charity fi)r particular purwses. Tr cost of ro15ing and drninistering such funds we dHrg&Y against the spe(th fvrll. The alm and e of r&stricled ftjnd Is set out tn the notes tothe finan¢ial slatements. Endmnerrt fund8 rewet Ihose assets must be held pem)anentty by the charty, prindpal investments. Ir]corrE arising on the endowTnenl fiJThJs ¢xn L used in ac£ordance with the objects of th& charity and is induded as nrestried incorne. capit81 gains or lo&%es arising on the investments forrn part of the lund. Investrrent rnanag charges and legal adVe rdating to the lund are charged ag8inst fund. Invesbnent incc¥ne and gains are alhxated to th• appYq)rtate ftsnd. In¢¢)mlng rpsouree8 l¢} Al incoming resour$ are FA llen the tharity is legalty entilled to the incc¥ne and the amourrt can b8 quantified wth reasonable For Fewie8. entient i% thé eartier ofthe tharity bng notffied of an imdIrj ¢fthtt5u)n orthe being reNed. Gitls in kirKJ doned for distributJn iTrSuded at Va10 and rwnised as ire V+fien they are distribvted to proie(s. Gifts donated ts resak a indudad as irrne when thty are sokl. Donated facilities are incbjded at tt value to the charity V+fiwe Ix) be quantffied and 8 thwd paty Is bearin9
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Id} ReUre•S expe All expenditure accounted on an ac£w8Ls tr15 aNI has been csftd under he8(lings that aggregale 81 costs rdated to the calry)ry. ere ojsts cannot be direct attfibuted to particular headings Ihey have teen alk)ced lo activitBs on a basis cxxistent with use of the resource5. Premises overheads have teen alkxxted on a Ilw bas and otrr oveth&ads have teen alWed on the basis of the head cwnL Fund-rai8Tr19 0)sts are tIM)se iKaJThed se8kn"ThJ vdurrtary 0)ntrIbNIn5 and do not ilUde the costs of disséminating inf(rnatiL in Swrt OF the charitable athibes. SupFth costs are those costs incu¥ted directy in support rf ewditure on the 0tr4e(ts clthe ¢artty and dUde prqecl managerTWt carrd out at Headquart$. Managwnert and a(knInistrat o)sts are those inCrred in connediLX) with administrathjn oftha chafty wnwliance with (Thstlutiorol and statrtory requirem&ts. {el Tanglbl• Ilxod assets arKI fkpreciation Tangible fixed asset$ costing rrThp than £1.(M)O Capitali and induded at co induding 8rry incKlental expenses rfacqyi8it*)n. Depfecl8tb Is Fwovthd on all taThJPJle fixwl assets at calculat&J to vrfite off the cost a straight Freehokl knd Freehold buildings over50 years ifj Investmwts Invesbments we ststed al markd value al the bakn1 sheet dat& Ths SOFA indudes net gains and hJ&8es arN)g on ruat)ns aThl dpOs5 thnwhoui the year. 2025 2024 74.226 73,663 74,226 io
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 T¢al r•SOurc expended Otr Staff Dirpct Total 2025 Tcrfal 2024 Char¢table l¥ltIeS Building costs Merchandtsing costs Inveslment mana9emènifee¥ Residential care o)sts Childcare Emergency Semces Infomation and edLXh)n Support o)sts Management and admliistrati 32.r25 32,725 19,040 44,002 4.421 4,421 5,722 6.367 517TI 52,7n 73,443 ¢Unrat[l forthe st•t of Financial ActlvltF•• UnrMtrl¢ted R•trIct En0ryfi7nont T(al FdI Fund8 Fur Fund6 Inecrfnlng Rosourc•s Ino)ming resou$ from generated ftS.. Voluntary incthme Donations and 9rRs Legatres Activities for gènerab.ng funds Merch8ndisfng inc Investmenl inc£Mne 74.226 74,226 InCLyni fescyJrrs from (arrtable *Nfties'. Net gain on dispos81 frIed assets Total 772e1 7f.261 Resourc exp•nded Charitable adrti.eS GOVernar costs 119.040) {54,403) {19.040) 154,4031 Trtal r•soureg8 ewndod {73,4 (73,4431 Net inccrfning resources I Ireswr(xl ExFEn¢Jedl tthe transfers 3.818 3.818 Net gainslllosses) and vationS on investmÈnts 71.116 71,116 Net mov•n•nt In funds 74.934 74,934 Fund balances broughtforward 1.829,792 1.829,792 Fund balgnces ftyward 1.904.726 1.SYJ4,726
JOSEPH NICKERSON CHARITABLE FOUNDATION YEAR ENDED 30 APRIL 2025 Tangible flxed a¥••ts Fr•ghold land and buildings Totsl Al l May 2(r24 Additions Disposals 132.0(KJ 132.ODJ At 30 Aptll 2025 132,000 132,0(rf> Deprncialon At 1 May 2024 Charge forye8r Disposals 15,300 1.7tKJ 13,600 1,700 At 30 Aprtl 2tr25 15.300 15.300 Net book valu• at 30 Aprfl 202S 116.71J) 116,71)0 At 30 2024 118,4(KJ 118,400 Induded In freehold land and bsjildings at historic cost based on wobat8 value receNed by the charty are The Vlla Famihouse * £85.C(Q. agr¥)JlttJral Land at Reads 151aThJ at £40.fKX) and 18tYJ in Roth£11 village known h)calty as the pk8y9Tound at £7,¢MI. Credltors: falllny TIUth one y 2025 2024 Acryuals and deferred inojne 2,403 2,995 2A03 2,995 Staemont of funds At1M 2024 At 30Aprfl 2026 G•noral rw 1,904.726 T5,7 152,7rn (93.4731 1,84266 Totsl unrestrict•d fvnd¥1.904,726 75,79) 152.7Tn 193.473) 1.834286 Total funds 1.W.726 75,790 (52.777) {93,4731 1.8¥266 The Ger31 Teswvè reprewtsthe tree luTrJs oftr dwrly arg des¥r for partxk9T PLYpose8. 12