FITZALAN CHAPEL
CHARfTABLE TRUST
ACCOUNrs
FOR THE YEAR EtIDED
5 APRIL 2025
Charity Registration Number 279379

FifLALAN CHAPEL
CHARITABLE TRUST
INDEX
Page
Income & ExFKnditure Aecount
Balance Slieet
Notes to the Accounts
Trustees Report
Inde￿ndent Examiners Rep)rt

FJfL4LAN CHAPEL CHARITABLE TRUST
STATEMENTOF REcum AND PAYMENTS
FOR THE YEAR ENDED 5 APRIL 2025
2025
2024
INCOMING RESOiJRCL8
Donations
Divi(knd Income
Surplus on Sale of Inv¢slmEnts
Dep)sitlntere*
Retordirt8S
sW￿ry Rxript5 fromSal&%
19J36
933S
J7,578
9,058
2,707
57
824
33553
29.460
RESOURW F￿PENDED
Chapel Maintenanr¢ Costs
ACCO￿l￿ncY Fees
InsTtr8nce Pr¢]niums
Invc51llwl MaJ￿e￿t
3S886
750
24528
1992
293
J,470
19,625
2,270
23,665
BALANCE REPRESENTING IDEFICIT)ISURPLUS OF
INCOME OVEREXPENDITURE FOR THE YEAR
5,795

P882 2
FfrzAIAN CfrtAPEL CHARrrABLE TRUST
BAL4T4CE SREET AS AT SAPRIL2025
21J15
2024
FUND ACCOUNr
B•l#n¢t at 6 Aprll 2024
Si4,659
ID JE>)urtrJduTing
Ye•tas Page I
119,603)
.795
530,83I
500.4J4
UNRLiLtSED INVESTMEThT GAINS
BAI•Dce44 •t6 April'20Z4
101,645
45.500
Net IEwea%) iti ValLtyliOti G¥ins of
InVeStsr￿ duriDKYttr
5CJ.J45
103JJ3
JOl.645
BalanrE of Fund •1 8t5 Aprll 2025
634J64
662.099
REPRFSENTED BY:
INVESTMENTS
623,fj39
637.912
CASH BAL4NCES
Schmthr & Co.Lirnited
LI￿$ Barjk ple
9J25
1.4
21.959
2,228
)4.1￿7
B*lane+ M S Aprll 2025
HI• Gr•¢e Edwxrd 18th DukEotNDrfolk_Tru¥teè
JotsTh M•rtin Robillwu-Trwtre

P88e 3
FITZALAN CHAPEL CHARITABLETRUST
NOTES TO THE ACCOUNTS- YEAR ENDED SAPRIL2025
I. INVESTMENrs
Inwtstm¢nts h¢ld at 5 Apri12025
U•its
C•$t
Market Valot
O&Apr-25
SVTL CazeDOV¢ CBP Crowlh F¥nd
lfttorne Urtlts
947.635
519.670
623.639
519,670
6LI,639
2. INVFSTMENT TW4SACtIONS lo￿25
SUTL C•unove GBP Growth F•Dd
In¢ome Units
fric¢
Per Uitt
Per Unit
Market Value
Units
Cosl
Holding ￿ at 6 April 2024
0.55
977.044
535.812
Secwity ￿le
Security sak
Security equalisotion
28110r2024
24112n024
0.59
0.55
(14,821)
114.5881
(&1351
({￿7)
-0.53
.55
Holding 18 #t S April 202S
0.55
947,635
519,670
Per U#ltM&rk& VuiMéoJHoldiyul 5th Apri12025
947,635
623,639
ANNUAL ACCOUNrs
Th¢ •ttathed A¢￿UnIS have pJrpÈttd on aR¢ccipts and Payment5 b&si5 a5 permitted underRction
133 of the et￿ltieS Act 201 l. The Accounts •Te prepared on 8 consistent btsis yearon ye8r investsnents at
th¢ ￿Tend are ￿]Ved ￿Ing CawJoNt kn%tstDxentTttarJw v8Ju#tton do¢ume]llS.

Thc. Filzalan Cha
I C￿aritable Trus(
TruilLes Anllu#l RL
ri for Ilie I'e#i' ended 5 A )I'jl ?ll2S
The Fiizalan c.hapel C11aritable Trust is coiisliiuled bj. a Dcclaration of Trus1 dxtcd 14 January.
1980 is a Retristeted Cliaritj, Number 279)79.
Tli¢ TrusicLs during the y¢gr ended 5 April 2025 ￿'¢r¢..
MaL￿gi1]g l-rust¢es'. His Gl'ace l.dward, 18 Duke of Norfolk
F.arl of Ariindel
Di" John Martin Robinson
SecretaTh':
.è.mnia JohnstOll¢ F.C.C.A
The ltsiate Office, l Loiidoii Road.
.4rundel, West Sus5eK BNI 8 9BH
The objecti￿.eS ol- the Charitv are to mainiain the slniGture djid fiibiiL OF the Fitzalan Chapel:
Ai'undLI. Ilesl susse.x and io pi'ovide relioious getiices therein iii accordance with the bcli¢fs
and t¢aLhings ofihe Roinan Catholi¥ Church.
Tlie Filzftl￿i Cliap¢l. fouiided iii 1380. is the burial place of th¢ Dukc5 ufli"orfolk aiid masses are
said Lacli year for Ih¢ repose of thcir souls.
Rccruitmeiil ot. trustees is b>, pcrsonal contact and can be inade by ITllStee5 al tim¢. TrLlts(ees
do Iiot recoivc rb'numeration or expenses for time spent carry'ino out ilieir dutie.s.
The (Nstees confirm tliul Iliry have rebaid for the Charity Coiy]Jnission's ouidance on public
b¢nefil. Tlie}' take the i'i¢itr Iliul Ihe re4LiiILmenL lo shoii-- PLibli¢ beiielit is salisficd incliiding Ihe
Fit7alan Chap¢l bLing op¢r to m¢mbers of the piiblic 11] ?0?4 and 202) for 197 & 19? da%$
I'es1)ectivel}' as part of the a¢c¢gs to Arundel C8Stlc & Gardens. A C.asile <iuide is bdsed iii tl)e
Chapel K%.heii open wlJo offer dialogue ivith ifisitors sharing kiiowlcd¥c oii thc histot), of the
building & coiitents. In ihe vestTI' there are a150 displaN's of artifacts. Tlie Trus1¢¢5 also iiivested
in repairs diiring Ihe wear in order 10 preserN'e (lie Chapel for the benefit of fuiui'¢ generations.
'rhe -frustees acknowledge i&ith gratitude the geiicrous financial support ITccivcd totalling
£19.336 frotn Ariindcl Cas11¢ Tru5tLLE Limiled (2024 £17,578)-
The c.astle shop now sells fir7alan Chapel guidebO￿kS and poslcdrds: income totall £239 js
due to l?e iransferred for buih 202?i23 and 20231?4 and the Castle will check the amouni du¢ toi.
?024125 sales.
This year the incoJne accouiit did not bciJcfit from th¢ receipt of recordiiiuy f¢¢s, bill it remaiiis a
vern. Iisetul sourLC of iiicome (derived from use ot th¢ Chapel for aiidin recoi.dings) as aiid when
the opporrunity, arises.
As al i April 2025 lh¢ Cliarili. h¢ld reserves amouiilu)g 10 £6J4.364 which are LltilisL.d liy tlic
Tr11slees ic) cnable theni to fuiid iht n)ainieiiance of the fabric of th¢ C,hAPLI and its conteiits, in
partlCLilar ihc tombs, in an appropi'iale manner. Tl)js rcpiLsLnts a decrea_%e ot £?7,73i in veseri"&s.
I'liis is due to tlie cost ol-n)aintcnance of the Chapel duriiig Il)e Jedr.

P8s)c 5
The Fitzalan CIIA
cl Charil'iblL Tru41
TrustCCS ilnnuAI R¢
ort fijr thL
'L•#f L'IiIILd ? A
ril 7025
Continued
'he total incorne w'a¥ £33:553 cumpured lu £29.460 ihe prcvious year. Tlie diftcrence in incciTne
'as due a gain on sales of ii)V¢slmei)ts ot £3,8i812024 £?.767}, iiicreased funds receiiyed froj))
Arundel Castle Trustee5 L.iiiiited aiid iiicreased dividend income ￿ld inicrcst.
11ie Income Accounl show's d deliLil of £29,603 (?0?4
siii'plus of £5:795) due to the higli
iainteiiaDLe costs durijig the N'eai. iolalling £3i,886 {90?4- £293).
Th¢ ini'e.Etmcnt pcTrrtfolio is Inanaued by CazLTrO&CS Londoii officc. During the year a total ol.
£1,99? (20?4 £? ?76) was cliarged for provision of tlieir seri"'ices. After April ?3 the
managenienl fee dropped Iiom c £9?0 per quarier lo c £457 1)er quarter which is a reduLliuii Irom
0.60/0 to 0.2iyo of lh¢ Jssel i'aliie. CazLnove have confirm¢d thai ihe Fee ivill staN at tl)is level.
111 2020 the Triistees considcred the mo.st apprttpriate t￿11¢}. for investing funds followinc
economic ¢hanges and coiicluded thdt all ihe Trust ini'csimciits should be moved to Lh¢
Cu£enoiie Growih Port(olio Fuiid. T])c l-rustetS Wtre aw'are that this would I'e(luce tlic incoi?i
oenerated kn cirLa £IO.000 pa bul ihal i%.lJen ihe capiial grO￿th of ttiis fund is laLLorcd in. Ihi5
would result overall in a belter iiive5tment Strat¢gy. The pottfolio is CLirrentl) 65.9ts/0 (includii)g
1.6th/9 UK Iiasedl (?024 64.30/0) equities, l ).60/0 (?0?4 - 16.OYo) 'fixcd intcjisl bonds. l?.4/0
(2024- 1?.8/) alternatiircs and 8.10/0 (20?4 7.04/0) cash.
A d¢tailed Irport on the fabric OF the building was commissioned by the Tru5tcos in 2019 fi'oin
Russell & Ta}'lor. Arcbitccts. This rcp()rt concliided vei}. few iiiiiior repairs dre re4uirLd fcii. ￿'ork
to be carried out 10 the ChapL.I. Tl)e Tr115t r¢5crv¢s arc inl¢nded ID implemenl these Ininor w'orks
¥ithoui ihe need to resort ia additliinal fiiiid raising or borros%'ing.
During 20?3124 i¥ork I￿aS oonipleted 011 installing lie￿, drainage and soakawai's to ihe F itza14n
Chapel Si Nocliolas Chiirch. Pavmeiits were Inade for this work iii ?0?41? j. Tlie Ti"ust
¢ontribut¢d £12,564 to ihc cosi of LIIL works plus some archifects fee5. A li&yhiniiigT cundue.ior
il'as installed in tlie. vear at a Lost lo ihe Chapcl of £2,99? "I'lic quotatinn for thc 5toiicM'ork above
lady C.Siapil w'ind()¥Tr ivas approl'cd a( Ihe last nieetiJi¥. The liiial Loijtract SLlllI ￿'aS £17:146 i1"Ith
£10.388 paid during the y¢ar ai)d arcl)it¢cts fce% totalli1i2 £4,?16.
The Truste¢s haNe assess¢d the Inajor risks to whicli tlie Cliuril5.- is exp05¢d. in parlicular iliose
relating to the c.lia
l and ils Lonlvnls. The) revieiv on ali aiinual basi5 tlie adeiiuacN' of ilie
insuraiice coi.
e usual risks and dumagc from acts of terrorisni.
His GrAce Edm'ard
181k Duke ofNorfolk
(.Sisiied b). Lke 'l-ru%ie¢ 01) bchalf
of the Board ot'Trustccsl
Date.. I" Julj. 20?5

Pag¢ O
Imde
endent Ii xamincr's Ile
ort on the Aeeount5
Report to the Trnstees of:
FITZALAN CHAPEL CHARITABLE TRUST
Registered Cbydrity number:
279379
I re￿rt to th¢ charity tn￿t¢¢S on my examination of the accounls of Fitzalan Chapel Ctwitable Trust
for the yrar ¢nded S AprAI 2025. which are set out on pages one to five.
Responsibilities and bAs1s of report
As thc charity's trustees you are resp)nsible for the prepa7ation of the a￿Unts in a￿rdance with th¢
requiTanents ofthe CbaritiGS Act 2011 ('Ihe Act.).
I report in r￿pect ofmy exami￿lO￿Orthe¢har1ty,s accounts carried oul un(kr scctioll 145 of the2011
Act and in carrying Out my cxamination I have followed all the appIl￿ble DIr￿tionS given by the
Charity CotYLmiqsion under section 145(5)(b) of the Act.
Independent ex4miller's statement
I have completed my examinatioll. I confirm that no material matters have cotne lo my attention in
connection with the exarnination giving m¢ ¢ause to believe t]Mt in any material rcspect;_
th¢ ￿oUnting r￿rdS were not kq)t tn tyspect of the charity as required by section 130 of th
Chariiies Act" or
2. the accounts do not accord with those ar£ounting rccords. or
3. the accounts do not cornply with the appIl￿ble rcquiremNrts CO￿¢￿illg thc form and content
of accounts set out iti the Charities {Accounts and R￿ortS) Regulations 2008 other than any
requireirLeat that the aecoullts givc a 'tnw and faAr' viay which is not a matter cotssidered as
part of an iT￿ependent examination.
I have no Conc￿ and have come across no other matters in connection with the exaTnination to which
altention should be drdwn in this ryrt in order to enAble a proper understanding of the accounts to be
reached.
Lucy Dixon FCA
Martin and Company
25 Si. Thomas Str¢&
Winchester
S025 9HJ
(01962 844300)
Dale ai J(kL
2021