The Falconer Trust Registered Charity No. 280864 Financial Ststements Yéar ended 5th April 2025 Th• Fal¢oner Trust Contents for the year ondod 5th April 2025 Page5 Report of the Truslees 131 (41 st8tpment of TIu8tee3 ResoonsiLMlities (s) ReFort of the IndeperKlent Exarniner (61 Stalement of Fnancial Activite8 (71 Balan(x SF*el (81 Notes to the Financial Stalernents (91 (11) The Falconer Trust Report of the TrustG for the year •nded 5th April 2025 The TruslÈès are p18&t* lu present Iheir annual report wilh th8 finanrial accounts of the charty for the year gnded 5th Apnl 2U25. Objects and Organlsallon The eharity wa8 eetablished by Trust DÈÈd i1*d 24th 19WJ and Is reg[steY￿ ￿1th the Ch81ity Ccffimj5swJn. Its Dbjects srè b) adv8neé the Chiislian religion and lo ￿lIeVe poverty by means ot (al aS￿￿ting in thÈ mainlenance ol the Fakoner Homè and 01$￿ana9& ITh Zambia,. an {bl makin9 yian15 lo other ch¥itsble chihJr8n'8 hom&s and oipnanages. The Iru5tees organisÈ ¥Je¢iffr 8iAPPOrt lo 1he Fab￿ne1 Homè. Zambia. and Ihis fals inio three rTran calAgories.' (i) sendirYJ out parcels of clothing dri8d good5 and me4icJnes: 21 ￿)￿?￿d1ThJ grfts DI money for thÈ local n8wJ8 of tfv? holl￿, and 13) helpirg with pro1￿18 tty aid the homes IrrYTredièle *)dI￿9 dEvebFfnent Review of Actlviti08 Neil Siarling cont￿￿eS io work as Manager of the frust, attending lo all adMIr￿stratIV8 duties. gibiro Ffeserftal￿JnI variou5 churches. sth0018 and other groups. lasing staff ai the Fa￿￿er Home, dealing with practiral rnstsr8. TIE Trustees onc* sgsin e¥press they're thanks lo Bri8n and Margaret Nash. t￿lInUe Io give valuabl? 5ervic@ VD￿nIe￿rS in rhÈ unil. (r4etseeing the packing tsf box&£ ol don8lEd good5: and genér211y kÈepin9 Ihg wdrehuu5e In 9ood order, I'hey also support the work cf Ihe Tnjst In many 0th8r w8y8. foi which the Trustees arÈ vÈry gr8tefLA. N?il Starlirs trusle8 D8nni¥ Webb visited the Falconef Home in June 2024 for￿0 The m8in ar8a uf di￿￿5810Th r)eDteTetJ aroun4 trÈ for an irrigolton system at t￿ Fakongr Home fafm. Much of southerr) Ptrica has endurvd spv¥r8 ¢rcbughl recenlty due to &ffeGts ol El Nino. Slaff at the home ¥LKQCrt for prO¥1w￿ of aTh iffgatlon sys18m lo rnitigale agairhst Èffects ol (Jrouoht. so that a regular ltsrvest can ￿ oGhiewed. initial 8¥limate of tlle cost was aroun(1 £S0.000, though the etssl did ijs@ io aruuad £Iu0,￿￿. Ihè Truste88 weTe amazed Io [8￿1¥￿ ￿ c(fer from Goréon mill￿an Trusl lo cover the full cost of Ihe projeGI: and funding was prDvideJ In a fjun*er of irt51almErhts.Over the next SgV8r81 monlhs, all the necè5￿fy equipm8nt Yéas puichased and Irtslalled. The r￿￿n crop lo be gmwn 18 maizE. which is ugéé Its mak8 n8hima, th? Zambian stapk ftsDd. Olhor GTOPS t& be grown inclu(J8 iomatoe5, onions. sunlowers: gorg￿rn and c*illie5, The hope is th81 (c will po55it4e to gro focxl br Ihe children al th& and also encogh to sell and generate an income for th2 Homg We are most 9ro1oful ID the liuslees ol ty)È Goidon Milligan Trus1 fDr their most genen)us funding foi th￿ woJect- During the yeaf the Itu81￿3 rn￿e the decision ID c8asè Ihe s$￿￿ang of parcels to the Home, Bnd in future ID prthide finance onli. This deci8iowi wa5 wnade bepAuse of th8 Stoeply slliprrf.ng costs, as w81188 Ihe inerèasiD9ty lengthy compkx C￿￿¢M8 wocedwp5, Sendlng patcels h88 b&Dme unviable. thÉ final batch will tye sent during 2025 Ini5 wll méan thai thE oFerat'oTh cf the Twsl can rnove to smalw ￿￿MIses, thus ￿vIng Mc￿eY on rent ullitlES. A S￿￿]1 otlirk has begn remed al Ine Mellw)Jisl C8rilre. Phgh Street Watton. Neil $￿IlrO will w longer neoded Io WOFK full-tsrr￿. will drDP hour5 ID one or days 8 %*eek Ihe end ol ￿eM￿r 2025. Money sawea from Ih&sg chgnge5 will howfLFlly mean that can bo sÉnl to th8 H)me, eThablin9 them b pu￿hase morÈ supplies within Zambia w¢xld othe￿￿8￿ ha¥e been sent ￿ the pareÈl8 The Iwslees recognis8 that in a thanging world it 1$ ne￿88ary to adaFt in ordÉr to opor81e effectively. The Falconer Trust Report of the Trustees for the year ended 5th April 2025 Rlsks operational Risk8 As wlh any chaTty relying voluntary ¢SJn2l￿nS. theie is a risk DI incoming resour￿$ going aslioy in the F081. [￿elopment rjl sound administrative systems Ènsure that fisk 15 n)inThi88d. FiNncial Rlsks TtE charily conu.n￿ lo be subje£t to the risk ol over reliance on Unsol￿1t￿ rÉv@nue from don8tion8. ap￿1$ and Ine gerbèral gènèrosty of people. By aiming ts make Ihe hume in Zambia more self-financing, trrou9h fai.ming and ￿her prqects the risk to thÈ home will be minimi88d. Cc￿)￿￿1n9 to seek gcNemmenl funding for cp.rt3in prolee18 al80 rnininises this r15k. Trustee5 G￿)ff￿ L Webb DennisJ W8bb Terrence Matlin &gn&l on of Ih? Truslees cÉnn￿ J Webb. Trustee D81e. The Falconer Trust statement of Trusteos. Rèsponsi bilities for the year ended 5th April 2025 Charity l.aw requiTES thE trustees to prÉp2re f￿a￿lS18t3￿Ments lor exh finanual year vthi¢h 9iYe 8 true and fair View of the charitys Incoming resourc&8 arKI applicslK>n of rexvrcE5 durirlg the year and ol ilA st* ol attairs at the erKJ of Ihe yew. In preparlng those finahcial slaemenl, the IJuslees are requr¢d trj: Select ￿lIable acecwnl￿9 poIici8s an(1 Ihe appty ttsm c￿l$lentlY. MakE jucl9ements an(i éstirn&t8s that Jre reasonable and prudÉn(' StAto whèthEr ?pplicable attountsrvJ standard8 h8ve been folkMEd, subj'ttl to any material departu￿¥ disco￿ed expkined ift the IINan¢i81 $lat6m8nl8" • Prepare Ihe finartk*l stsl8ft)èr)t¥ on the going concem basis unless it 18 in•FfoprialE ID presume ihal the charty wll [￿lin￿0 In business. Thé trus* c88ponsitle for prDpei 8(xountiry re￿￿rdS dIsct￿e with reason8bl8 atxurd al any one lime Ihe financwl p(Lgilion of thE charity aThJ tts er&bl8 them lo en¥ure that Ihe financial strtÈmen18 comply with the Charitie5 Act 1993 and any wb8equenl acts. TrLJalÈÈg are also fbSP)n&ble tvr 5ateguar(iir Ihe assets of th8 chgrity ?￿d hewe for r@asOnab￿ Sle￿ fur the Ffevenlkln tyeloclbx OF frdvd and DU)er 1rrég￿ar1tiè5. Signed on behalf of lh8 Trustees Denni5 J Wet Tfuslee The Falconer Trust Indèpendent Examiner's Report for the year and8d 5th April 2025 Re8P•Gtivo re5PDfbsibilities of T￿￿tee5 and eXaMi￿r The charity's trustees 2re respOnSb￿ fei thÈ prep8ration ol Tho chwty's tru81808 con8MYer Ihat an audit is not re￿￿￿e￿ foi year under section 144 af the Charities Act 2011(tr￿ Chan'ties ALII and Ihal ?n independenl oxaminalp)n is neeJed: 11 Is my respenslbility to.. • Examine Ihe account5 undèr seclitsn 145 of Charili&S Act. lo follow Ihe W￿?dUrES laid dcvMI in the general 4ir¢clipn5 givon by Charty CommlssK lunder sethon 145I5)Ibl of the Chartti8s Act. 8nd . 10 slate thEther p3rtiGular matters ttave come to ry atrentbjn, Ba818 Qf indep•ndent examinerfs Statement My examin*"on was caffi&d tsut ￿ accord8n(¥3 with g8neral direct￿6 given by the Charity Commission. An examinat￿￿ InGludes a review of the ￿tr￿nting rectsrds kept by the chsrity 8nd a cThrpsns40n of th accounts presenled wilh those recDrtl$. It a550 Indudes consic1eration of any unusal Items u ￿l￿￿urÉ in the aGcounts and seeking explanations from thp Irustees CDficgming 8LKh matter8. Th8 prD*ures vndfrtgk8n CJD iiot pro¥ide all the evidence that woubj be required ina n audit. ttonse9uenlty no opinits) Is gwen as to ￿thetherthe 8orowts pre3ent a'lrue and wew and the rer4Xt Is limited to Ihose matters Set cut in the statement bdow. Independent èxamlner's s14tém•nl I have compleled my ex8minalion. I coTrfirm that no materwl matters have corne to my attenticn in ry)nnerAiDrÈ wilh the examination which gi74È5 me cause to b81i8wé that ITh, *y trk3lerial re5peGt'. lh8 acc￿n[iNg rpLL)rds werE fb* kept in aC￿rd￿￿E with sec￿￿ 13D of the Charilies Act,. 01 Ihè accnunlg nol ￿cOrd wilh the a¢uiunts"ng recurds- or Ihe accounts nol comply Krylh the atplrabi8 rÈquirementg COT￿E￿Ing the trm contenl of set cut In IhÈ Chartlies IAccounts and R8por18) RiyJulatiDn5 2008 olker than 8ny r8quiremen1 thal the ￿Count$ give a'true and fair, VIÈW which a matter ccnsidered as part tsf Ktdependenl examinalwxi. I have no concerns ha¥e oJm8 ac1088 no olhei mattEf5 In ccnnEth'on the e¥AMInati￿ to whith allEnlivn Should be 4raKr n tnis repart io enable 8 pfyr understanding ol the accounts to be reach￿J. SEned'. Dale. Robért Kendall FCCA Arden Kendall Limitod >9 High 8lr861 Watton orfolk IP25 8AE The Falconaf Trust ststernent of Flnancial Activites for the year ended 5th April 2025 Notes 2025 2024 Incoming Regources General Dor¥3ts0n8 Chanatiolls SLJPFK)rted by Gift Aid Dcnations re F¥m Irrigatton Fro Gift Aid R8cJ4im•d Legxies Total Incoming Resources 117,106 33,314 92,￿0 9.788 44297 99,858 30,544 9.018 10,4S1 2g7,403 14g,911 Direct Charilable Expenditure Amount paid to Faletsner Home Freight parGe15 tv FalGgner Waohousing costs (knd5 wicha5ed lor Fa￿er Fr8ighl admirvpa¢king kb¢UrKpxpe￿￿g TDtal Direct CharitablE Expendilurg 241.L￿a 5,872 7,718 2,838 32,825 126.035 5.929 7.751 16.719 26.958 290.313 183.3go Gross surp￿5[(LoSSI for th• year 7.090 (33 4791 AdThini8trativ• Expenditur• Geneial admin15tration, prinling and prcfflclic Bank 8ncJ online Gi¥ing charges IndeFendent exarnination fees Total Admini•tratiYg Expenditure 5,377 960 594 3,612 1,119 594 6,931 5,325 N•t Surplu81(L0881 for the year 159 {38 8041 Note5 l DO￿tionS from M8ine88e5, Ghur(*Es, organisalDns and ￿dividUalS supporte Gift Aid Declarations 2 Donation8 ¥UPPClrted by GrtAid D￿laratI￿5 enat4e Faccner Trusl In claim fmm HMFIC anylgxes F49d IYJ the donor 3 Tax recian)aUe th thè 4￿￿11L￿3 r￿1Ved in the current year 4 Lesaues are treatod as rÈv8nu8 incjjng unl988 ￿her￿18e requested in E5taip urnents The Falconer Trust Balan¢è Sheet for the year endad 5th April 2025 Nots8 2025 2024 Fixed Ass?t5 Tangibk É&sAIs Currenl Assets Debtors PiepayTnenls Cash at bank and in han 8.404 472 54.824 53,700 7,584 472 55,485 63,54t Crodltofs: afftounts tslling due within one year A(£w818 594 Net Current Assèts 83 1(* 82.947 ToLI1 AJ89ts less Current Liabililies P￿,106 62.947 Re6evieJ 0￿MUla￿d funds 63.1C 101.751 83,1C6 101.751 SwJned on behall of IhÉ lrnslw.. Oennis J Webb (Trusleel Approv6d by Lw)aNI on The Falconer Trust N￿88 to Financial Statements for the year ended 5th April 2025 l Basis of Preparntion ot Accounts These a￿¢Unts have boÈn prÈp*Èd LJndÈr thé hi#torir21 cost convÈntiDn with items recognise¢ . at cost or trans￿1￿ value unles5 Ctherwise stated in Ihe relevant notelsl to the5E aGGounls. The aCc￿nts have been prekwe(l in aLKorOoncE Ihe Stsiement of ReL￿Mm￿nd￿j Pfactic8'. Accounlino and Réporting by Ch8ri1188 prwaring thgir acrx)unls in accordance with t Fir)ancial RÉptsrtiW Slandafil ÈPPlicablÈ in thÈ UK and Rewblic of Irelan4 IFRS 1021. 2 AccDunting Policies Incoming Resources ljl Rgcoynilion ol in¢orn• Tttese are iKluéed in the Stalemenl of Financ4al ActMty"e5 ISOFAI when.. thwily be