THE ERASMUS FOUNDATION
CHARITY NUMBER 281458
STATEMENT OF ACCOUNTS
For the year ended 31 January 2026
## THE ERASMUS FOUNDATION
## ESTABLISHED BY DEED
## CHARITY NUMBER 281458
|Registered Address:|Moat House||
|---|---|---|
||Banyards Green||
||Laxfield||
||Suffolk||
||IP13 8ER||
|Trustees:|Mr R Dowek (Chairman)||
||Mrs J Griffin (Administrator)||
||Mr H Griffin||
||Ms M F Boyer|Resigned May 2025|
||Mr P Nugent||
||Mr A Woods|Appointment May 2025|
|Bankers:|Barclays Bank PLC|Co-operative Bank|
||Princes Street|PO Box 101|
||Ipswich|1 Baloon Street|
||Suffolk|Manchester|
|Accountants:|CRASL||
||Carlton Park House||
||Carlton Park Industrial Est.||
||Saxmundham||
||Suffolk||
||IP17 2NL||
## THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## STATEMENT OF ACCOUNTS
|INDEX||
|---|---|
||Page|
|TRUSTEE'S REPORT|1 - 2|
|INDEPENDENT EXAMINER'S REPORT|3 - 4|
|STATEMENT OF FINANCIAL ACTIVITIES|5|
|BALANCE SHEET|6|
|NOTES TO THE ACCOUNTS|7 - 10|
## THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## TRUSTEE'S REPORT FOR THE YEAR ENDED 31 JANUARY 2026
## **Objectives and Activities**
**----- Start of picture text -----**
SORP REF
Summary of the purposes of the charity Para 1.17 Spiritual Healing, Spiritual Teaching
as set out in its governing documents Succour for those in need and distress,
Care for stray animals
Summary of the main activities in Para 1.17 & Spiritual Healing, available free of charge any time by
relation to those purposes for the public 1.19 appointment; Spiritual Development Classes via Zoom once a
benefit, in particular, the activities, week; Peace Gardens open for people to benefit from the
projects or services identified in the peace and quiet.
accounts.
Statement confirming whether the Para 1.18 All Trustees receive CC3 document produced by Charity
trustees have had regard to the guidance Commission; New Trustees sign a Declaration of Eligibility and
issued by the Charity Commission on Willingness to Act form produced by The Erasmus Foundation.
public benefit.
Contribution made by volunteers Para 1.38 Any volunteers give their time free of charge; as do all current
Trustees.
Other Policies We have policy documents on Health & Safety, Equal
Opportunities, Child Protection, Vulnerable Adults, and a
Complaints Procedure.
Achievements & Performance
SORP REF
Summary of the main achievements of Para 1.20 Spiritual healing is given to those who come here for this
the charity, identifying the difference the therapy; we don’t always hear from these people again, but
charity's work has made to the sometimes they return because of the benefits they feel from
circumstances of its beneficiaries and any the healing.
wider benefits to society as a whole.
Spiritual Development Classes give those who attend the
chance to discuss a wide range of subjects and ask questions
on any matter that concerns them. We do not impose our
beliefs and encourage people to think, question, and decide
for themselves if what they learn at The Erasmus Foundation is
beneficial. Consequently, we don’t have a membership.
Meditation is encouraged and can help those who practise this
regularly.
Guidance is offered, and questions are answered to help with
this critical tool for better self-knowledge and peace.
**----- End of picture text -----**
1
THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## ESTABLISHED BY DEED
## TRUSTEE'S REPORT FOR THE YEAR ENDED 31 JANUARY 2026
**----- Start of picture text -----**
SORP REF
Performance of fundraising activities against Para 1.41 We are currently not actively fundraising.
objectives set
Financial Review
SORP REF
Statement explaining the policy for holding Para 1.22 We hold cash in a safe place at the property for
reserves stating why they are held. emergencies if banking systems fail.
Amount of reserves held Para 1.22 £3,000.00 in cash
Explanation of any uncertainties about the Para 1.23 We do not have any uncertainties about the Charity’s
charity continuing as a going concern ongoing work at this time.
The charity’s principal sources of funds Para 1.47 Our main funds come from donations and payment for
(including any fundraising) attending our spiritual development classes.
Structure, Governance & Management
SORP REF
Type of governing document Para 1.25 Constitution
How is the charity constituted? Para 1.25 Administered by a Committee of at least three
members; some are Trustees.
Trustees selection methods including details Para 1.25 Any new Trustees and Committee members are elected
of any constitutional provisions e.g. election at the AGM, held in April or May each year.
to post or name of any person or body
entitled to appoint one or more trustees
**----- End of picture text -----**
This report was approved by the Trustees on _______________________
R Dowek (Chairman)
J Griffin (Administrator)
2
## THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ERASMUS FOUNDATION
I report on the accounts of the charity for the year ended 31 January 2026, which are set out on pages 6 to 11.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144(2) of the Charities Act 2011 (The Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act, whether particular matters have come to my attention.
Your attention is drawn to the fact that the charity has prepared accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
## **BASIS OF INDEPENDENT EXAMINER'S REPORT**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
3
THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ERASMUS FOUNDATION
## **INDEPENDENT EXAMINER'S STATEMENT**
In connection with my examination, no matter has come to my attention:
- 1 which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act.
have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
CRASL Saxmundham
4
THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 January 2026
|**Income and endowments from**
Voluntary income
Activities for generating funds
Interest Received
**Total income and endowments**
**Expenditure**
Direct Charitable activities
Governance Costs
**Net movement in funds**
Balances brought forward|Note
2
3
4
5|**2026**
£
21,043
3,933
183
25,159
37,319
2,029
39,348
-14,189
706,784
692,595|**2025**
£
32,329
13,796
218
46,342
39,470
950
40,420
5,923
700,861
706,784|
|---|---|---|---|
All of the Charity's activities are classed as continuing.
The Charity has no recognised gains or losses other than those shown above.
The notes on pages 8 to 11 form part of these accounts.
5
## THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
|BALANCE SHEET
As of 31st January 2026
**Note**
**Fixed Assets**
Leasehold Improvements
Equipment
**Current Assets**
Current Accounts
Deposit Accounts
Ruscora Publishing
Cash
**Liabilities**
Amounts falling due in one year
**7**
**Net current assets**
**Liabilities**
Amounts falling due after one year
**8**
**Net assets**
**Funds**
Restricted Funds
Unrestricted Funds
Approved by the Board of Trustees on the ___________
**6**|**£**
2,597
8,898
2,268
3,000
16,762
1,402
__________|**2026**
**2025**
**£**
**£**
**£**
950,694
950,694
14,041
13,945
964,735
964,639
3,044
21,057
3,044
3,000
30,145
500
15,360
29,645
287,500
287,500
692,595
706,784
-
-
692,595
706,784
692,595
706,784
and signed on its behalf by:|
|---|---|---|
R Dowek (Chairman)
6
## THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## NOTES TO THE ACCOUNT
For the year ended 31 January 2026
## **1 ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charties: Statement of Recommended Practice and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015) and the Charities Act 2011. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting accounting policy note. The financial statements have been prepared to give and 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view. This departure has involved following Accounting and Reporting by the Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRSSE) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement
## **Preparation of accounts on a going concern basis**
The assessment of the trustees is that the charity is a going concern.
## **Income**
All incoming resources are included on the Statement of Financial Activities when the charity has sufficient certainty that receipt of the income is probable and the amount can be measured reliably.
## **Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. It has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a ba sis consistent with the use of resources. The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT. Grants offered subject to conditions which have not been met at the year end date are notes as commitment but not accrued as expenditure.
## **Voluntary Income**
All donated income is included in income on receipt where the donor requires that the sum is to be treated as income in future accounting periods.
7
## THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## NOTES TO THE ACCOUNT
For the year ended 31 January 2026
## **Investment Income**
Interest received is included when receivable.
## **Fixed Assets**
Depreciation is provided on fixed assets at rates calculated to write off the costs, less estimated residual value, or each asset over its expected useful life as follows:-
Equipment 20% Reducing balance
No depreciation is provided on freehold land and improvements as the Trustees consider that the lives of these assets are so long and the residual values so high that their depreciation is insignificant.
## **Stock**
Stock is valued at a lower of cost and net realisable value
8
## THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## NOTES TO THE ACCOUNT
For the year ended 31 January 2026
|**2 Voluntary Income**
Donations
Healer Subscritpions
Refunds
Contributions
`
**3 Activities for Generating Funds**
Meetings / Tapes
Rent
Ruscora
Gift Aid
Sundry Income
**4 Charitable Activities**
Rates
Insurance
Electricity
Heating
Repairs, Renewals and Maintenance
Stationary
Postage
Telephone
Vets & Animal Sanctuary costs
Peace Gardens
Household & Cleaning
Catering
Charitable Donations
Water
Ruscora
Bank Charges
Award, Subscriptions, Training & Zoom
Depreciation
Printing & Marketing
**5 Governnce Costs**
Professional Fees
Accountancy|**2026**
**Total**
**£**
11,786
30
3,727
5,500
21,043
2,880
-
922
-
132
3,933
3,209
2,067
7,068
3,056
5,567
266
108
359
6,184
1,879
2,078
390
120
-
95
32
834
3,510
498
37,319
1,200
829
2,029|**2025**
**Total**
**£**
24,179
30
2,720
5,400
32,329
3,232
8,100
621
1,663
180
13,796
3,062
1,952
7,484
3,911
4,144
443
97
369
4,649
6,086
1,427
1,251
120
53
170
32
363
3,486
368
39,470
-
950
950|
|---|---|---|
9
## THE ERASMUS FOUNDATION
## CHARITY NUMBER 281458
## NOTES TO THE ACCOUNTS
For the year ended 31 January 2026
## **6 Fixed Assets**
|**Cost**
At 1 February 2025
Additions
Disposals
At 31 January 2026
**Depreciation**
At 1 February 2025
Charge for the year
Disposals
At 31 January 2026
**Net book Value**
At 1 February 2025
At 31 January 2026
**7 Creditors falling within one year**
Accruals
Credit Card
**8 Creditors falling after one year**
H Griffin Loan|**Land & Buildings**
**Equipment**
**£**
**£**
950,694
17,431
-
3,606
-
-
950,694
21,037
-
3,486
-
3,510
-
-
-
6,996
950,694
13,945
950,694
14,041|**Total**
**£**
968,125
3,606
-
971,731
3,486
3,510
-
-
6,996
964,639
964,735
550
852
1,402
287,500
287,500|
|---|---|---|
10
## **Trustees’ Annual Report for the period**
## **From 01-02-2025 Period start date To 31.01.2026 Period end date**
## **Charity name: The Erasmus Foundation**
## **Charity registration number: 281458**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Spiritual Healing, Spiritual Teaching**
**Succour for those in need and distress,**
**Care for stray animals.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Spiritual Healing, available free of**
**charge any time by appointment;**
**Spiritual Development Classes via Zoom**
**once a week; Peace Gardens open for**
**people to benefit from the peace and**
**quiet.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**All Trustees receive CC3 document**
**produced by Charity Commission; New**
**Trustees sign a Declaration of Eligibility**
**and Willingness to Act form produced**
**by The Erasmus Foundation.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**We do not have a policy on grant**
**making.**|
|Policy on social investment
including program related
investment|Para 1.38|**We do not have a policy on social**
**investment.**|
|Contribution made by
volunteers|Para 1.38|**Any volunteers give their time free of**
**charge; as do all current Trustees.**|
|Other||**We have policy documents on Health &**
**Safety, Equal Opportunities, Child**
**Protection, Vulnerable Adults, and a**
**Complaints Procedure.**|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Spiritual healing is given to those who**
**come here for this therapy; we don’t**
**always hear from these people again,**
**but sometimes they return because of**
**the benefits they feel from the healing.**
**Spiritual Development Classes give**
**those who attend the chance to discuss**
**a wide range of subjects and ask**
**questions on any matter that concerns**
**them. We do not impose our beliefs and**
**encourage people to think, question,**
**and decide for themselves if what they**
**learn at The Erasmus Foundation is**
**beneficial. Consequently, we don’t have**
**a membership.**
**Meditation is encouraged and can help**
**those who practise this regularly.**
**Guidance is offered, and questions are**
**answered to help with this critical tool**
**for better self-knowledge and peace.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|**We are currently not actively**
**fundraising.**|
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21||
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**We hold cash in a safe place at the**
**property for emergencies if banking**
**systems fail.**|
|Amount of reserves held|Para 1.22|**£3,000.00 in cash**|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**We do not have any uncertainties about**
**the Charity’s ongoing work at this time.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Our main funds come from donations**
**and payment for attending our spiritual**
**development classes.**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Administered by a Committee of at least**
**three members; some are Trustees.**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Any new Trustees and Committee**
**members are elected at the AGM, held**
**in April or May each year.**|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|The Erasmus Foundation|
|---|---|
|Other name the charity uses|(None)|
|Registered charity number|281458|
|Charity’s principal address|Moat House, Banyards Green, Laxfield, Woodbridge, Suffolk
IP13 8ER|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||Mr R Dowek|Chairman|||
||Mrs J Griffin|Administrator|||
||Mr H Griffin||||
||Ms M-F Boyer||Until May2025||
||Mr P Nugent||||
||Mr A Woods||From May2025||
||||||
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## – Corporate trustees names of the directors at the date the report was approved
## **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Julia Griffin **Position (eg Secretary,** Administrator **Chair, etc) Date** 15th March 2026