Charlty reglstratlon number 278692 (England and Wales) THE NOTGROVE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
THE NOTGROVE TRUST CONTENTS Paoe Legal and administrahe informtM)n Trustees, rert Independent examnefs report stennI of financial *Nr(ie$ Staterrnnl of finanoal p)srtion Notes to the accounts 8-14
THE NOTGROVE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees MI HAAcland Mfs D F Acland Mrs L H Moms Mr N H Rowbotham Mtss ACAcland Charity nuner 278692 Pdndpal office The Manor Nolgrove Nr Cheltenhèm Gloucestershire GL54 38T Independent eXaThner Laura Cross Clo Port of kn"verpotsl Building Pr Head LNerpool L3 1NW Bankers C Hoare & Co 37 Fkel Street London EC4P 4DQ Investment *Jvlsor$ Brsym Athisory 18 Honover Squafè 1st FIc¥)r London W1S 1JY
THE NOTGROVE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEhlBER 2025 The Trustees present their annual report and finanual ststements for year ended 30 September 2025. The accounts have teen prepared in att0rda with the ax$UntIng poIleS set out in note 1 of tIE accounts and eompty wth the Charl(ies Act 2011 and A(counb"ng and Reporting by Chantiès." Statèmerrt of ReLX)mmended Practice applicable lo eharrties preparing their account5 in aCCordce wth the Financial Reporting Standard applicable in the UK aTrY Republic ol Ireland IFRS 1021 leffeetwe 1 January 20191. Objectlves and actfvllles The Nolgrove Trust was created by Deed dataj 1 September 1979. The Trustees shall hold the caprtal and the income ol the Trust Fd upon trust lo appty Income and, as far as ffay te necessary, the caprtal lor or towards such charrtable purposes and lo make donalL)ns lo such charrtable bodies or insif(utions al such tinES and in such manner as the Trustees may, in their atsolule dL5creton, think fiL The Trustees lawur charrtie5 based in Glouce51er5hire. Grant Maklng PollcleB The Trustees reeeive pICatIOnS lor fijnding throughout the year aThJ applications are review8J on a regular bas15 Only suc$51U aPpIantS are notified of the Trustees. decigon Certain charrties are supported wf(h mulli-year grant. atthough no commrtmenl Is given The Trustees berEfiI charrtable Instrtutions and organi5alions and make payments lo indiwduals in accordarre with Clause 3121 of the Declaration ol Trust During the year under reviw. the Trustees resolved Its make donaliMs lo 20 charrtae orpnL%ations lotalling £119,200 Idonalions Idalling £159.650 in 20241. as detailed in note 19 of these account5. Achlevements and performance During the year the Trustees have supported a nurtjer of ¢hantsble organisalion5, detai& gf the ryganisalions supported are shown ¥thin note 1910 the finCial statennts. This year the Trustees hav¢ continuèd their fc¢us on ifforoving oUtOn ol young peop through education and now have good relationships wth many charrtJe$ in the untY who successfully deliver these sort ol opportunitses The Trustees ccntinuè their SLPPOrt of the arts through the Bam Theatre In Cirèncester. Flowers Brass eand and Cotswld Ms Through Schools. The Trustees al support Environmerrtal charitie5 reduce waste and indude Wiggty Worm aTrJ Sola who recycle kjusehold goods The Trustees are alsc supporting new charrtts which mclude Friernls of Westonbirt Ahcrfatum who support outdoor rrEntsl hlth wellbeing groups. Public benefft The Trustees have cgmplied wlh the duty in sedvjn 17 of the Charth"esAct 2011 to have due regard lo the publk benefil guidance published by the Charty Cc¥rni1ssn. FinanGial review Total incoming resources were £119,9751£101,712 in 20241. £114,5041£169.IY22 in 20241 bng committed lo ¢haitsble a¢tivibes of which £14,6&311£9,372 in 20241 relates to support and govemance ¢osls Costs ol fundr8151ng (which cornprise only Investment rronagerrenl fees) arrK)unled lo £31.0831£58.LN in 20241. There was a realised ex¢hanp Ilossl of £10,684 Igan £152 in 20241. There was an unrealised gain of £327,363 (gain of £1,1Cfj,829 in 20241 on Investments and In addilKJn a realised gain of £878,455 Iksss 01 £94,555 in 20241 resuvciry in net inflow ol funds of £1,169,522 Inl1 01£887,052 in 20241. Reserves Normally. the Trustees have a balanced In¥*nI policy and therefore only distn.bule Iorne on an annual basis and retsin capitsl for the maintenance and growth of the ftjnd As at 30 September 2Q25 the balance held as unrestn.cted reserves was £10.672,209.
THE NOTGROVE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 Investment Manageftnt The previous investment managers, rtelyknet Managennt were taken over by CaZene in tober 2024 and in February 2025 the Trustees decided b fte the Charty's inveslnnl managemert trom Cazenove to Brown AdvLSOry. Investment Olcy and perf0mnce- BrownAdvlwy The investment obje¢tNa is to thè portfolio ahead Of inflation whik nKqking quarterfy distributions of around £37,500. The pnmary tenchrnark is 80% Glotél Equrties 120% Gjoba Bonds, and the secoTrdary benchmarf( is ARC Gr0h GBP. These fiJnd5 are to be invested in pelUty. Portfolio Value.. £10.64&410 AssetAllocalion'. Cash & Equivalents 3.2% FLxed Income 17.1% Equities 72.5% Alternatives 7 2% United States 56.8% United Kingdom 7. Europe 16.7% Japan 4.5% EM &Asian 14 8% Global markets delwed strong but uneven returns in 2LY25. shaped by sharp 5enlirrEnl Swings. polty uncertainty, and reSi1nCe across rrNist major asset classes Earfy-year equty strength reversed in Late February amiij rising geopolitic¥ tènsions and coneems over U.S tarrft pdioes, supply chains, and fis¢al uncertainty. Volalilrty rose, and equrties declined rrndestly, but our ptrOllo$ teneffted from an emphasis on high-qualty businesses and dNersifying exposures such as infrastructure. helped CLL5hion downside and suppvrted relative resilience during periods of 5tre55. The policy backdrop refnained chalenging U S gro%%lh expectth'ons softened earfy in the year, reignrting prospects ol rate cuts, while lariff4rNen inflatn created tension for central banks and amplified mat1(èt swngs The sharp April corraet10drTVen by the announcement of aggreswve U.S tsrrfrwaS folled by a rapid rebound supported by slronq corporate eamings and management commentary on nitiqaling tariff impact5, along wrth improved wts'Thnl in non-U.S. markets ahjed by ffi1 spending and a weaker ddlar. As the year progress8J, Artrficial Intelligen tA).t%tTh). thp dominant market narrative Equty indicps advancèd strongly but wrth unusually narrcw leadership drNen by a small group of mega-cap companies This concentration weighed on dNersified strategies likè ours, %thich avoid nirronn9 Index concenlrati(>n risk. Even so, rrony portrolio holdings delNered stron9 absolut6 rèsutts. and vol4ilrty albjwed us lo add sele¢tNely lo ne opportunitEs, maintainng balanced and disciplined equty exposure Risks Atove and beyond the inherent market risk lo whh the Chantable Trust is exposed, the portfolio is global equty weighted, including US equrtiès. addftsonal holdings induding bond. infrastructure, and credit funds. The Trustees have identified their nBjor risks and believe thal appropriate action has been tsken lo mrtigate these r15ks. The Trustees wll continuè to kèèp Ihe adequary of the sy#ems In pla(* undèr réview. Plans for the luture The Trustees do not visage any signffieant changes to rts and objectNe5 and they intend to continue supporting the various causes to a similar level.
THE NOTGROVE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 Structure, governance and management The Trustees who seN8J during the year and re also in office at the date of signing the ancIal ststemenls were.. Mr H AAcland Mr5 D F Acland Mrs L H Morris Mr N H Rowbolham Miss A C Acland The Tnjsvs other a0lsor9 are nole<l on page 1. The Trustees rrEel as often as is required. butat leasl once each year. Appolntment of new Trustee6 The power of appoinlino new andlor addrtional Trustees is vested wrth Mrs D F Acland. Trustee tralnlng Th• Trust88s ar8 awa of the reqUIrennI rélevant induction and training of any new Trust80 Thé Trustees correspond and nel wrth their professional advisors regularty and the advtsors are specafically instructed lo appraise the Trustees of relevanttechnil is$5 a5 they arise. Statement of Trusteerf responsi11111 The Trustees are responsible for preparing the Trustees, Report and the financ981 statements in actordance with applicable law and Unrted Kingdom Accounbng Standards Iunrted KirrfJdom Generally AcEepted Accounting Practice). The law applicable to tharrties in EThJland and Wales requires the Trustees lo prepare financial ststemenls for each financial year vthich gNe a true and far eW of the slate of affairs of the Trust and of the ineoming resources and aPplicatn of resources ol the Trust ror that year. In preparing these finala1 statemènts, th8 Trusle8s are required to.. - select suitsbl& ac¢ourting polic and then appty them eonsislenlly. - Lserve the nth0$ and principles n the CharrtS SORP.. - make judgerrents and estimates that are reawnable and prudent.. ststè whèther applioble accounting standards have been fol1cld, subjed to any matenal departures disclosed and explain&1 in the financial slatennts'. and prepare the financial statements on the gtsng eoneem b8s unless rt B inappropr¢atè to presunp that the charty will continue in operation. The Trustees are respcmsible for keeping suffiaent accounb.ng records that disclose wlh reanatrIe accuracy at any lime the finanoal srti0n of the Trust and enable them lo ensure that the financial slalemenls comply wrth the Charrties Act 2011, the Charty IA¢¢ounls and Reports) Regul*K)ns 2fX)8 and the provonS ol trust dèad. They arè also responsible for saleguardng the assets of the Trust and hence for lakirg r&asotBble steps for the prevent'on and (ktection ol fraud and other iegUlarrtieS The Trustees. report W85 approved by the Board of Trustees. Mrs D F A¢land Trustee D 15July2
THE NOTGROVE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TrUSTEES OF THE NOTGROVE TRUST Independent exavvMnerf8 report to the Trujtees of the NOtgrO Charitable Trust- charity nurthr 278692 I report on my examinah'on of the above charrty I'Th• Trusf'i for thè yèar ended 30 September 2025 which are sel out on pages 6 10 14. Reswnslbllltles olthe TfUStee$ and Independent Exanmner As the ¢h8rrtls trustees, you a responsible for the preparabon of Ihe financkil statements in accordance wrth the requIrentS of the Charities Ad 2011 I'tts Act'l You consider that an audit is not reqwed under s144 of IhalAct and that an independent examination is needed. I report in resFect ol my axarrinab'on of ts Tnjsys financial staterrÉrts carried oul under section 145 of the A and In carrying out my examinabon, I have folhjwed all the applicable Directi)ns given by the Chanty Commission under sectson 14515Xbl ol the Act. It is my responsibilty to stste whether particular matters have come to my attention. Ba51s ol IndepeThlenl Examlnefs Rep)rt My examinalKJn was carried o¢Jt In accordance wrth the general Directions given by the Chanty Commssion. Ar examination includes a rewew ol the aecounb'ng records kept by the charty and a comparison of the financial slalements presented wrth those records. 11 aLs0 Includes conshleralKJn of any unusual ileTTE or disc105ures ir the financial statements and seeking explanations from the trustees concerning any sueh matters procedures undertaken do not proVe all the evidence that would b8 required in an audrt and COnseqn11Y no opinion is given as to whether the financial stments present a Irue and lair wew. The report is limited lo those trAttws set out in the Staternt bèlow Independent EXarn$ State1 l am a member ol an approved body subject lo the prowsK*ns ol the Rewsed Eth81 Standard 2019 issued by the Financial Reporting Council IFRCI Rathbones Trust Company Lirnrted has provhled bookkEeping seNices in ac¢ordan¢e with the 1trrr of engagement signed by the Tfuslees and I do not report lo the bookkeeper in any respect. I gwe due conseratn to the FRC s R15¢ Eth1 Stand¥d 2019 at all tr"$. I have completed my examinats.on I confirm that no nBterial npttef$ have come to ry attention in ¢onne¢lion wrth the examinalkjn gving me cause to belie¥e that in any material respèct. lil accounting records were not kept in sPeCt ofthe ehèrrty as required by sedn 130 of theAct,' or lill the financial statents do not a¢¢ord wth those records. or liiil the financial statfrnts do not eomply wrth the applicable requirerrn1S conceming the lomi and ¢onlenl of accounts Set OLrt In the Charrties (Accounts and Reports) Regulations l)08 other than any requirementlhat the accounts gNe a 'true and fair view wh'ch is not a nBtter ¢c51dered as part of an independent examination. I have no concerns and have come across no other matters in Connettn wrth the examinati to ythh attenlior should be drawn In this report In order to able a proper understanding ol the financial stslemenls lo be reached. Laura Cross Clo Port ol Lwerpool Bulding Pier Head Lwerpod L3 1NW Dated: 15 July 2026
THE NOTGROVE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unrestricted Unrestrided 2025 2024 Income Investments (her income 90.775 29,200 89.482 12,230 Total income 119,975 101,712 Expendtture Raisiry fijnds 31.083 58, Charrtable activrties 114,504 169,022 Totsl r•8ourc•• èxpoThJed 145.587 227,086 Net lexpenditurel Investment galns 125,6121 1125,3741 Net gains on investmerts 12 1,195.134 1,012,428 Net rrK>v¢rrnt in tund$ 1,169.522 887,052 Fund balance$ al 1 October 2024 9,$02,687 8,615,635 Fund balan¢es at 30 Septemtr 2025 10,672,2(I3 9.502,687 The stalenprt of finanaal 8dNrties In¢ludes al gains and losses recognised in the year. Al iome and expendrture derNe from continuing actwrties
THE NOTGROVE TRUST STATEMENT OF FINANCIAL POSITION ASAT 30 SEPTEMBER 2025 2025 2024 Notes Fixed assets Investments 13 10,648.410 9,434.581 Current assets Debtors Cash at bank and in 14 1,300 168,485 89,147 89,147 169,785 Creditors.. amounts 14llng due wthln one year 15 149,3481 149.6791 N81 current assets 39.799 120,1Ce Total a88et8 le88 curnent Ilabilit 10,688,209 9,554,687 Creditors.. amounts f411ng due alter more than one year 16 118.0 152,0001 Net 48set$ 10,672,209 9,52,667 Income funds Unrgstricted fvnds 10,672,209 9,502,687 10.672,209 9.SLY2.887 The notes on pages 8 to 14 form part ofthese finan¢ial 5tstements. The financial slalerronls were approved by board of Twstees aTrJ authorised for issue 15 July 2026 and are signed on its behaw by. Mrs D F AGland Trustee
THE NOTGROVE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEhlBER 2025 AOUntIng wIleS 1.1 Accountlng convention The financial ststements have been prepared In accordance wth 'Acctsunbng and Rep)rting by Charits"es' Stslemenl ol RecomnEnded Practice appli(a)le to thants'es preparirwj their a¢fX)unls in acrx)rdan with the Financial Reporting Standard appIlb in the UK and Republic of Ireland IFRS 1021 Isewnd Edrtionl and the Financial Reporting Standard applicable In the United Kingdom Republic ol Ireland IFRS 102land the Charith'es Act 2011 and UK GenèraltyAccepted praCte as rt appls from 1 January 2019. The financial stalemerts have been prepargJ to gwe a Irue and fair, view and have departed from the Charities (Accounts and Reports) Reguhlions 2008 only lo the extent required lo provide a 'true and fair vi. This departure has Invofved follcwg 'Aecountsng and Rèporting by Charrtl8s. Stslemenl ol Recommended prath applicable lo charrtie5 preparing their acCjIS in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1ff21 (Second Edrtionl'ralher ltrén the Accounting and Reporting by Charrties". StstewEnt of ReconWTnded Prathce effective from 1 April 2005 which ha$ sinc¢ b¢¢n wthdrw4n 1.2 Qolng ¢on¢¢rn The Iruslees conSer there are no nterial tertaIne$ at4)Vt the Charitys abilty to continue as a going concern. The review olour financial posrtion. reserves levels and ftrture plans gives TnJ51ees Confnce the charrty r8rroins a going con¢¢m for the foreSble fijlure. 1.3 Charitable funds Unreslricled funds are available for use at Ihe dB¢retson of the Twstees in fvrtherance of Ihgir ¢ttarilable objectives 1.4 Incomlng resourRs Inveslrronl incOff Is accounted lor on an acuuals basis In the penod lo which rt relates. 1.5 D•btor• Debtors are receivable al their expected setuerrenl anb)unt. 1.6 Cash and cash equlvalents Cash al bank and cash in hand includes cash and short tern hhlY liquid investrrnts wr(h a short malurty ol three months or less trom the date of aquisicfi or opening of the deposrt or similar a¢counl 1.7 Creditors Creditors are recognid where the charty has a present ob1a"0n resuKJng from a past event ltret will probably resuR In the transfer of funds to a third party and the affvunl due lo settle the obligation can be measured or estimated relrabty Credrtors are nomBIty re¢ognised * their setuemenl amount after allowng for any discounts due 1.8 Resources eXded Management and adninislrab'on ¢osts ¢orrpnse those costs incurred in running the Charity They ha¥e been apportioned the bis of spent befyyeen charrtable actiwb'es, $t of raising fvnds and gOVnance costs. Governance costs co1$1 of those costs as%)caateil with the overall running of the ch¥ty and meth.ng statutory and regulatory requirements. Grants are included in the financial staten*nts when approved by the Trustees and nolrfied b recipients The value ol commtited gmts unpaid at the year end is accrued. fyanls (fiered that a subject to condlions that have not been mel at the year end are noted asa commrtmenl bul not acrrued as expendrture.
THE NOTGROVE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 AOUntIng le$ Icontlnuedl 1.9 Financial instruments Basi¢ finan¢ial assets, thich include trade and other receiwdble5 cash and bank balances, are inrtially measured al transacti price including transaction costs and are subsequentty carried at amortised cost using the effeclive interest method unsS the arrangennt Constitthes a finanryng transadion, where the IrènsaLion is rSured al the present value of the fijture recwpts discounted at a market rate ol interest. Other financial asse15, Ineluding Investments n equrty instruments are not subsidiaries, asociates or joint ventures, are Inlly measured at tsir value, whKh L% normally the transaction price. Such assets are subsequently Carried at lair value and the changas in la valuè are recognised in net incomgllèxpènditur81, except that Investments in equity In5trurrEnts that are not publlY trad¢d and ¥those fair values ¢annot be measured reliably are rneasured al cost less 1rr¢)aimnt. The Trust does not acquire put optsons, denvatNes or other complex Inancial Instruments. 1.10 Forelgn exchange Transactions in currenaes oth8r than pounds stertirvJ are recorded at the rates of exchansE pvalling al the dales of the Iransadions. At each reporting end dale, nKJnetary assets and Iiabilrties that are denominated in foreign currencyds are retranslated at thè rates prevailing on the reporting end dale. Gain5 and losses arising on transl8l.on in the pwiod are included in prc(rt or1955. 1.11 Inve8tment$ Fixed assets InvestmlS represent listed investments which are stsled al market valuation, k%l)ere market value represents the mid market value on the last trading day before the yeaf end Any unrealised or alised gains ansing from investrnents are a¢¢ounted br in the Stslent of Financial Athitses. Crltlcal accountlng estlmates and Judgements In the application of the Trttsl's aeeounling pdicies. the Trustees ère required to make judgements, eslimales and assumptions aboLA the carying arrKunt of assets and Iiabilthes that are not readily apF0renl trom other sources The estimates and associoled assurrptions are based on h15torical experience and other factcys that are considered to be rdevant. Adual results rroy dffler from these esb"mates. The estimates and underlying assumptions are reviewed on an ongoing basis ReMsion5 to xcounting estimates are recognised in the penod in wh¢h the estimate ts rewsed Whe the revision affe¢ts lY that period, or in the penod ol the revision and fvknre periods where the iewsion affects both current and future Perd$ Investmnts 25 2024 UK income Foreign Incorr Foreign tax deducted 23,173 71,275 13,8731 45,444 46,268 12.2301 9J,775 89,482
THE NOTGROVE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 Other Income 3)25 2024 Bank interest 29.2C 12,230 Raising lunds 2025 2024 InvestrrEnl custody lees lnvestrrnt managerrEnt lees 6,977 24,106 11,391 46,673 31,083 Charitable ivitles 2025 2024 Grant funding of athvil5{5e nolt 71 Shar8 of goveman¢8 costs Iseo note 81 119,200 14.6961 159,650 9,372 114.504 169.022 Qrants payable 2025 2024 Grants lo inslrfcutions. Local charrties and hOsPe5 The arts & museums Youth & education Cxher national and general paymènts General Charrtab organisth'ons 92,500 8.0 3,500 12,2LXJ 3,DJO 44,500 12,000 62,150 10,000 31,000 119,200 159,650 10-
THE NOTGROVE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 Support and governance costs Support t>)vemance costs 2025 2024 Ba61$ of allocatlon Chanty administration and accountancy fees Independent exaninersfee Bank charges Trustee expenses Govemance 17.2001 1,800 17.2001 1,800 7.2CQ 1,800 Govemance 372 Go*mance Govdmance 218 218 14,6961 14,6961 9,372 Trustees remuneratlon and benellts, rdated partses and conllicts on intereBt None of the Trustees lor any persons connected Iheml reeewed any rèmuneration or téfftfrts from the Trust during the year, or the prevvjus year. During the year Trustee expenses lolalled £21812024 £Nill. The folk)wing expenses ¥%ere incurred". D Acland Incurred Iruslee expenses of £6412024 £NIll on travel. £9212024 £Nill on the Trustees lunch and £62 on a thank you gift12024. £NIll. None oflh8 Trustees lor any p8rson5 connected with them) had any ¢cfith of interest. None ol the Trustees l¢r any persons COneted wth Iheml hed any related party trans8ctK)ns lo dts¢lose. No further disclosures ¥e required for the year. 10 Employ5 Therg were no employ88s during the year. or inthe premous year. 11 Taxation The chanty is exempt from taxaln on its athrties beuSe all of its inconp 1$ applwj for chantsble purposes. 12 Net gains on InNEStn%nts 2025 2024 Unrealised gain Realised gain I Ilossl on sale of investments (Lossl I gain on forehJn cUrncY exchange 327,%3 878,455 110,6841 1,108,829 194,5551 152 1.195,134 1,012,426
THE NOTGROVE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 13 Flxwj asset Intments Listed Investments Cash In portlolio Total Cost or valuatlon AI 30 September 2024 Addrtions Unrealised gain Realised gain Cash available to invest Disposals 9.145,808 11,042,175 327,363 878,455 288,773 9,434,581 11,042,175 327,363 878,455 53,798 111,087,962) 53,798 111,087,*21 AI 30 September 2025 10,305,839 342.571 10,648.410 2025 2024 Lisl•d invastm8nts Cash in investment portfolio 10,305,839 342,$71 9,145,808 288,773 10,648,410 9.434,581 14 D•btors'. amounts fallSng due wlthln one year 2025 2024 Other debtors 1,300 15 Creditors.. amowrts falllng due wlthln one year 2025 2024 Acuuals and deferred nc0 Other credrtors 13,348 38,000 13,679 36,000 49,348 49,679 16 Creditors.. amowrts falllng due after nY>re than one year 2025 2024 Other credrtors 18,000 52,QOO 12-
THE NOTGROVE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 17 Unre8trlcted luThJ• The unrestricted funds ollhe d)arty corrorise the unexpended balan of donations and grants vthith are not subject to specifie drt1Ons by donors and grantors as lo hcm they may be used. These include designated funds whith have been set aside of unrestricted funds ty the trustees for specific purposes. At 1 October 2024 Incomlng resources Resources expended Ga5ns and losses At30 Septemtr 2025 General fvnds 9.502.687 119.97S 114S.S871 1.195.134 10.672.209 Prevlou8 year: At 1 October 2023 Incomlng Resources resources expended Galns and losses At30 September 2024 General fvnds 8,61S,635 101,712 1227,0861 1.012,426 9.$02,687 18 Ca•h 4nd ¢a•h qubvalents 2025 2024 Cash al bank and in hand Cash available lo invest 89,147 342,571 168,485 288,773 431,718 457,258 19 t)onations madeto In•t1tutltB durlng thè year 2025 2024 Bristol Children's Soaety Cass & Friends Chettenham Festvals Cheftenham eeI¢harRugbY Cirencester Housing fcf Young People IC H Y P) Cold Aston School Friwds Cotswold Arts Through School Cotswold Canal Trust Cotswold Friends Family Ha¥n Farms for Cty Children Fareshare South Wesl Fk)wers Brass Band 2,500 22,000 15,000 3.000 3,500 6,000 5,000 15,000 5.000 3,000 5,000 3,0 10,(M)O 10,CM)O 3,000 Carried fOard 55,500 55,500 13-
THE NOTGROVE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEhlBER 2025 19 thnations madeto in¥titution$ during the year Icontlnuedl 2025 2024 Brought fotward 55,500 55,500 Friends 0fwestonb1rtA0letUrn Gloucester Cathedral Gloucèstèrshire Bound Gloucèstershire So¢ièty Great We51ern Air Arnbulance Headspace Home Stsrt Colswokl Lumbs Foundation Ne150n Trust RDA Cotswold Read Easy UK Shine Ojt Of School Sola Projects Strike a LKJhl Stroud Bereslord The Big G The Guiting Music Fesl'wal The Wheels Project UK Sailinq Academy Wiggty Worns Lirrit8d 10,000 10.000 7,500 2,500 5,000 5,000 2,500 8,000 30,CM)O 3.000 3.000 5.000 3,7SO 3.000 3.000 5,000 2.000 2.200 12,(M)O 20.000 9,900 15,500 119,200 159.650 14-