REGISTERED CHARITY NUMBER: 283102
Report of the Trustees and
Financial Statements for the Year Ended 5 April 2025
for
The William Allen Young Charitable Trust
The William Allen Young Charitable Trust
Contents of the Financial Statements for the Year Ended 5 April 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Report of the Independent Auditors | 5 to 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Cash Flow Statement | 11 |
| Notes to the Financial Statements | 12 to 22 |
| Detailed Statement of Financial Activities | 23 to 24 |
The William Allen Young Charitable Trust
Report of the Trustees for the Year Ended 5 April 2025
The trustees present their report with the financial statements of the charity for the year ended 5 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Objectives and activities
Objectives and aims
The objectives of the charity, and the main activities undertaken to further the charity's purposes for the public benefit, are to make grants for such charitable purposes and to such charitable bodies, associations or institutions, as the trustees shall from time to time, in their absolute discretion, determine.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning future activities.
Achievements and performance
Charitable activities
The charity made donations amounting to £748,355 during the year, compared to £509,105 for the year ended 5 April 2024. The trustees consider that the charity has met its objectives in the year.
Fundraising activities
The charity does not carry out any fundraising activities.
Investment performance
Capital decline of investments over the period was 22.50%. The same investments paid dividends equating to 3.04% (as measured at 5 April 2025).
Financial review
Financial position
It is the view of the trustees that the charity is in a sound financial position.
Investment policy and objectives
The trustees aim for long term growth, using the income received for charitable donations.
Reserves policy
The charity had £24,709,327 in unrestricted reserves at 5 April 2025. The trustees only use the dividend and interest income received for charitable donations.
Future plans
The Trustees continue their policy of attempting to spread donations as widely as possible and to maximise their donations to humanitarian causes.
The trustees aim to support those organisations they have supported in the past on an ongoing basis although one-off donations are also considered.
Structure, governance and management
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 1
The William Allen Young Charitable Trust
Report of the Trustees for the Year Ended 5 April 2025
Structure, governance and management
Recruitment and appointment of new trustees
Trustees are elected to the post by the other trustees having been selected from suitable candidates to ensure that the board of trustees contains an appropriate balance of expertise.
Organisational structure
The charity is controlled by three trustees. Administration is provided by the sole employee.
Decision making
The trustees met on various occasions during the year to consider applications for donations and approved those on Note 4 of the Notes to the Financial Statements.
Induction and training of new trustees
Where appropriate, trustees undergo an initial induction and thereafter attend training courses as appropriate to enable them to continue to carry out their duties effectively.
Risk management
Major risks have been reviewed and procedures have been established to manage those risks.
Reference and administrative details
Registered Charity number
283102
Principal address
Young & Co's Brewery plc Copper House 5 Garratt Lane Wandsworth London SW18 4AQ
Trustees
T C Sligo-Young J G A Young C A Chelton
Auditors
Martlet Audit Limited Martlet House, E1, Yeoman Gate, Yeoman Way Worthing West Sussex BN13 3QZ
Page 2
The William Allen Young Charitable Trust
Report of the Trustees for the Year Ended 5 April 2025
Reference and administrative details
Solicitors
Hunters Solicitors 9 New Square Lincoln's Inn London WC2A 3QN
Bankers
National Westminster Bank plc 250 Wimbledon Park Road London SW19 6NL
Accountants
Wilson Sandford Limited Chartered Accountants 85 Church Road Hove East Sussex BN3 2BB
Statement of trustees' responsibilities
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP 2019 (FRS 102); - make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed
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and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 3
The William Allen Young Charitable Trust
Report of the Trustees for the Year Ended 5 April 2025
Approved by order of the board of trustees on 27 January 2026 and signed on its behalf by:
T C Sligo-Young - Trustee
Page 4
Report of the Independent Auditors to the Trustees of The William Allen Young Charitable Trust
Opinion
We have audited the financial statements of The William Allen Young Charitable Trust (the 'charity') for the year ended 5 April 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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In our opinion the financial statements:
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give a true and fair view of the state of the charity's affairs as at 5 April 2025 and of its incoming resources and application of resources, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Page 5
Report of the Independent Auditors to the Trustees of The William Allen Young Charitable Trust
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
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the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
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sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Page 6
Report of the Independent Auditors to the Trustees of The William Allen Young Charitable Trust
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Capability of the audit in detecting irregularities
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:
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We enquired of management, which included obtaining and reviewing supporting documentation, concerning the charity's policies and procedures relating to:
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Identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of non-compliance;
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Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud;
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The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations.
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We inspected the minutes of meetings of those charged with governance.
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We obtained an understanding of the legal and regulatory framework that the charity operates in.
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We communicated applicable laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit.
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We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations.
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We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud.
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In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page 7
Report of the Independent Auditors to the Trustees of The William Allen Young Charitable Trust
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Martlet Audit Limited Martlet House, E1, Yeoman Gate, Yeoman Way Worthing West Sussex BN13 3QZ
27 January 2026
Martlet Audit Limited is eligible to act as auditor in terms of section 1212 of the Companies Act 2006
Page 8
The William Allen Young Charitable Trust
Statement of Financial Activities for the Year Ended 5 April 2025
| Notes Income and endowments from Investment income 3 Expenditure on Charitable activities 4 Charitable donations Other Total Net gains/(losses) on investments NET INCOME/(EXPENDITURE) Reconciliation of funds Total funds brought forward Total funds carried forward |
2025 2024 Unrestricted Total fund funds £ £ 741,320 697,947 748,355 509,105 20,601 6,718 768,956 515,823 (6,982,217) (4,510,859) (7,009,853) (4,328,735) 31,719,180 36,047,915 24,709,327 31,719,180 |
|---|---|
The notes form part of these financial statements
Page 9
The William Allen Young Charitable Trust
Balance Sheet 5 April 2025
| Notes Fixed assets Investments 10 Current assets Cash at bank Creditors Amounts falling due within one year 11 Net current assets Total assets less current liabilities NET ASSETS Funds Unrestricted funds Total funds |
2025 2024 Unrestricted Total fund funds £ £ 24,045,108 31,027,325 676,711 698,400 (12,492) (6,545) 664,219 691,855 24,709,327 31,719,180 24,709,327 31,719,180 24,709,327 31,719,180 24,709,327 31,719,180 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 27 January 2026 and were signed on its behalf by:
T C Sligo-Young - Trustee
The notes form part of these financial statements
Page 10
The William Allen Young Charitable Trust
Cash Flow Statement for the Year Ended 5 April 2025
| Notes Cash flows from operating activities Cash generated from operations 13 Net cash used in operating activities Cash flows from investing activities Interest received Dividends received Net cash provided by investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2025 £ (763,009) (763,009) 10,132 731,188 741,320 (21,689) 698,400 676,711 |
2024 £ (515,922) (515,922) 8,195 689,752 697,947 182,025 516,375 698,400 |
|---|---|---|
The notes form part of these financial statements
Page 11
The William Allen Young Charitable Trust
Notes to the Financial Statements for the Year Ended 5 April 2025
1. Statutory information
The William Allen Young Charitable Trust is an unincorporated charitable trust. It is governed by a deed of trust and registered in England and Wales. The charity's registered number, principal address and the nature of its activities can be found in the Report of the Trustees.
The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).
2. Accounting policies
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared 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 applicable in the UK and Republic of Ireland issued in October 2019, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for twelve months from authorising these financial statements. The trustees expect there to be sufficient funds to meet all committed costs, despite any reduction in income as a result of the coronavirus pandemic.
Critical accounting judgements and key sources of estimation uncertainty
There are no critical accounting judgements and key sources of estimation uncertainty.
Income
Dividend income is recognised in the Statement of Financial Activities on declaration of the dividend. Interest income is recognised in the period to which it relates.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure, including support costs, is accounted for on an accruals basis and is classified under charitable donations.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
continued...
Page 12
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
2. Accounting policies - continued
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost.
3. Investment income
| Dividend income Deposit account interest |
2025 £ 731,188 10,132 741,320 |
2024 £ 689,752 8,195 697,947 |
|---|---|---|
continued...
Page 13
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
4. Charitable activities costs
| 2024 | ||
|---|---|---|
| 2025 totals | totals | |
| 240Project | 2,000 | 2,000 |
| 4 Cancer | 2,000 | 2,000 |
| Action for ME | 1,000 | 1,000 |
| Action Medical Research | 2,000 | - |
| Addenbrooke's Charitable Trust | 20,000 | - |
| Adult Literacy Trust | 2,500 | 2,000 |
| Age UK Kensington and Chelsea | 2,000 | 3,000 |
| Alexander Devine Children's Cancer Trust | 1,500 | - |
| All Saints | 5,000 | - |
| Allfarthing Primary School PTA | - | 500 |
| Alternatives to Violence Project, Britain | 2,000 | 2,000 |
| Alzheimers Research UK | 4,000 | 2,000 |
| Alzheimer's Society | 4,000 | 2,500 |
| Annabelle's Challenge Vascular EDS Charity | - | 1,000 |
| Anti-Slavery International | 25,000 | - |
| Armonico Consort Limited | 2,000 | - |
| Army Benevolent Fund | 3,000 | - |
| Arundel Castle Cricket Foundation | - | 1,000 |
| Asthma Relief | 1,000 | - |
| Attend | 2,000 | 2,000 |
| Back Up Trust | - | 5,500 |
| Balham Nursery School and Children's Centre | - | 500 |
| Barons Court Project | 5,000 | - |
| Battersea Summer Scheme | - | 500 |
| Be Kind Movement | - | 2,000 |
| Beyond Autism | - | 1,000 |
| Bipolar UK | - | 4,500 |
| Blind Veterans UK | 2,000 | 3,000 |
| BlindAid | 5,000 | - |
| Bookham Community Association | 1,000 | 1,000 |
| Bowel Cancer UK | 3,000 | 2,000 |
| BRACE | 5,000 | - |
| Brain & Spine Foundation | - | 2,500 |
| Brain Research UK | - | 10,000 |
| Breast Cancer Now | 4,000 | - |
| Brent Centre for Young People | - | 10,000 |
| Brewer' Company General Charitable Trust | 2,000 | - |
| British Benevolent Fund | 20,000 | 20,000 |
| British Epilepsy Association | 2,000 | - |
| British Epilepsy Foundation | - | 2,000 |
| British Forces Foundation | 5,000 | - |
| British Heart Foundation | 3,000 | 2,000 |
| British Limbless Ex-Service Men's Association (BLESMA) | 1,000 | - |
| Campaign Against Living Miserably (CALM) | 3,000 | 2,500 |
| Canine Partners for Independence | 2,000 | - |
| Cardiac Risk in the Young | 3,000 | 3,000 |
| Cardinal Hume Centre | 5,000 | 5,000 |
| Care for Veterans | 7,000 | 6,000 |
| Carers UK | 4,000 | 2,000 |
continued...
Page 14
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
4. Charitable activities costs - continued
| CARIS Families | - | 1,500 |
|---|---|---|
| Caudwell Children | 2,000 | - |
| Charter House School | 3,000 | - |
| Children's Hospice South West | 2,000 | - |
| Christian Family Concern | 1,500 | - |
| Cirdan Sailing Trust (Incorporating the Faramir Trust) Limited | 5,000 | 5,000 |
| City Escape | 1,500 | 1,000 |
| Clic Sargent Cancer Care for Children | 2,000 | 2,000 |
| Cloverleaf Advocacy 2000 Ltd | 300 | - |
| Combat Stress | - | 5,000 |
| Community Housing and Therapy | 5,000 | 5,000 |
| Community Minibus Association (West Sussex) | 3,000 | 2,000 |
| Contact | - | 3,000 |
| COSMIC | - | (1,500) |
| Criminon United Kingdom | 1,500 | - |
| Crisis UK | 15,000 | 10,000 |
| Crohn's & Colitis UK | 3,000 | 3,000 |
| Cystic Fibrosis Care | 2,000 | - |
| Cystic Fibrosis Trust | 1,000 | 3,000 |
| Dame Vera Lynn Children's Charity | 3,000 | - |
| Deafblind UK | 2,000 | 1,000 |
| Demelza Hospice Care for Children | 3,000 | - |
| Dementia UK | 8,000 | - |
| Deptford Action Group for the Elderly | 4,500 | 1,500 |
| Designability | - | 1,000 |
| Doctors of the World UK | 2,000 | - |
| Douglas Bader Foundation | - | 4,000 |
| Douglas Macmillan Hospice | 2,000 | 1,000 |
| Down's Syndrome Association | - | 1,500 |
| Earlsfield Primary School PTA | 1,000 | - |
| Elizabeth Finn Care | 2,500 | - |
| ESO (2006) Limited | 1,000 | - |
| Everyone Can | - | 1,500 |
| Farleigh Hospice | - | 2,000 |
| Fat Macy's Foundation | - | 1,000 |
| Fight for Sight | 3,000 | 8,000 |
| Florence Nightingale Hospice Charity | 2,000 | 2,000 |
| Foundation for Paediatric Osteopathy | 1,500 | 1,000 |
| Friends of Floreat Wandsworth | 250 | - |
| Friends of Ronald Ross Primary School | 500 | 250 |
| Friends of St Stephens School | 250 | - |
| Fulham Good Neighbours Service | - | 1,000 |
| Glass Door Homeless Charity | 2,000 | 2,000 |
| Go Beyond Charity | 1,500 | 2,000 |
| Goldfinch Primary School | - | 2,000 |
| Great Ormond Street Hospital Children's Charity | 5,000 | 1,500 |
| Great Western Air Ambulance Charity | 3,000 | - |
| Grief Encounter | - | 2,000 |
| Groundwork South | - | 2,500 |
| Guts UK | - | 1,000 |
| Hampshire Association for the Care of the Blind | - | 1,800 |
continued...
Page 15
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
4. Charitable activities costs - continued
| Harlow Project | - | 30,000 |
|---|---|---|
| Head2Head Theatre | 3,000 | - |
| Hearing Dogs for Deaf People | 2,000 | 1,500 |
| Helen Arkell Dyslexia Charity | 1,000 | 1,000 |
| Helen Bamber Foundation | 3,000 | 3,000 |
| Help for Heroes | 3,000 | 2,500 |
| Hestia Housing and Support | 5,000 | - |
| Hope for Tomorrow | 5,000 | 5,000 |
| Hope North London | - | 2,000 |
| Hospice UK | - | 5,000 |
| Housing for Women | 2,000 | - |
| Imperial Health Charity | 5,000 | - |
| Independent Provider of Special Education Advice (IPSEA) | 2,000 | 2,000 |
| Inspirations | - | 1,500 |
| INSPIRE Foundation | - | 3,000 |
| Integrated Neurological Services | 2,000 | - |
| InterAct Stroke Support | - | 1,000 |
| Jigsaw (SouthEast) | 1,500 | 1,500 |
| Joseph Holt Charity Appeal | - | 1,000 |
| Jumping Beans Nursery | 500 | - |
| Key Changes | - | 1,500 |
| Kids n' Action | - | 250 |
| Kingston Churches Action on Homelessness | 2,000 | - |
| Launchpad Reading | 2,500 | - |
| Lennox Childrens Cancer Fund | 2,000 | 2,000 |
| Leukaemia Care | 3,000 | - |
| Licensed Trade Charity | - | 8,000 |
| Linkable Woking | 3,000 | 2,500 |
| London Hearts | - | 2,000 |
| Lotus Families | 5,000 | - |
| Loughborough Junction Action Group | 2,000 | - |
| Meath Epilepsy Charity | 5,000 | 5,000 |
| Metro Sports and Social Club of Vision Impaired People | 2,000 | - |
| Mikuyu Tanzania | 6,000 | 5,000 |
| Missing People Limited | 2,000 | - |
| Mosaic Clubhouse | 1,000 | - |
| Motor Neurone Disease Association (MNDA) | - | 2,000 |
| Multiple Sclerosis Trust | 4,000 | - |
| Muscular Dystrophy UK | - | 5,000 |
| Music for my Mind | 5,000 | 1,000 |
| Music in Hospitals and Care | 2,000 | 1,500 |
| Noah's Ark Children's Hospice | 3,000 | - |
| Oakleaf Enterprise | 500 | 500 |
| Only Connect | - | 3,000 |
| Orbis Charitable Trust | 4,000 | - |
| Ovacome | 2,500 | - |
| Parkinson's UK | 5,000 | 5,000 |
| Pelvic Radiation Disease Association | 2,000 | - |
| Phoenix Enterprises (Swindon) Ltd | - | 2,000 |
| Place2Be | 1,500 | 1,000 |
| Prevent 2 Protect | - | 1,500 |
continued...
Page 16
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
4. Charitable activities costs - continued
| Prevent Breast Cancer | 3,000 | 1,500 |
|---|---|---|
| Princess Alice Hospice | 5,000 | - |
| Prison Radio Association | 2,000 | - |
| Prisoners Abroad | 4,000 | - |
| Prisoners' Advice Service | - | 3,000 |
| Prostate Cancer Research | 3,000 | 2,000 |
| Prostate Cancer UK | - | 6,000 |
| Providence Row | - | 3,000 |
| Quaker Social Action | 5,000 | - |
| Queen Elizabeth's Foundation for Disabled People | 2,000 | - |
| RAW Workshop | 6,000 | - |
| React | 2,000 | - |
| Re-engage Ltd | 3,000 | 3,000 |
| Refuge | 2,000 | - |
| Renew Counselling | 2,000 | - |
| Restore Counselling, Training & Related Services | - | 2,500 |
| Richard House Trust | 2,000 | - |
| Ross PCC General Account | - | 5,000 |
| Rotary Club, Battersea Park | - | 2,000 |
| Rowans Hospice | 2,000 | - |
| Royal Hospital Chelsea Appeal Limited | 4,000 | 3,000 |
| Royal Hospital for Neuro-disability | 5,000 | 5,000 |
| Royal National Institute of Blind People | - | 2,000 |
| Royal National Lifeboat Institution | 2,000 | - |
| Royal Star & Garter | 4,000 | 4,000 |
| Royal Trinity Hospice | 6,000 | 5,000 |
| Sage House, Tangmere | 2,000 | - |
| Samaritans | 3,000 | 3,000 |
| SANE | 10,000 | 10,000 |
| Scannappeal | 5,000 | - |
| Scope | 2,000 | 2,000 |
| Seafarers UK (King George's Fund for Sailors) | 3,000 | 3,000 |
| Sebastian's Action Trust | 4,000 | 3,000 |
| Second Chance - A Charity for Children Who Need Special Help | 4,500 | - |
| Shelter, National Campaign For Homeless People Limited | 25,000 | 20,000 |
| Sick Children's Trust | 2,500 | 2,000 |
| Smallwood Primary School PTFA | 250 | - |
| South East Cancer Help Centre | 1,000 | - |
| SPEAR Housing Association Limited | 1,000 | - |
| Spinal Muscular Atrophy UK | 5,000 | - |
| St Anne's C.E. School | - | 500 |
| St Catherine's Hospice | 3,000 | 2,000 |
| St Christopher's Fellowship | 2,000 | - |
| St Christopher's Hospice | 4,000 | - |
| St Clement & St James Community Development Project | 2,855 | 2,855 |
| St Giles Trust | 2,000 | - |
| St John's Ambulance | 2,000 | 1,500 |
| St John's Hospice | 5,000 | 5,000 |
| St Joseph's Hospice | 2,000 | 2,000 |
| St Margaret's Somerset Hospice | - | 3,000 |
| St Mark's Hospital Foundation | - | 2,000 |
continued...
Page 17
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
4. Charitable activities costs - continued
| St Michael's Hospice | 1,500 | - |
|---|---|---|
| St Mungo's | - | 500 |
| St Peter & St James Hospice | - | 2,000 |
| St Wilfrid's Hospice | 2,000 | 4,000 |
| Starlight Children's Foundation | 5,000 | 5,000 |
| Step by Step Partnership Limited | 3,000 | 2,000 |
| Street Child | - | 250 |
| Stroke Association | 5,000 | 5,000 |
| Strongbones Children's Charitable Trust | 3,000 | 2,000 |
| Students and Refugees Together (START) | 2,000 | - |
| Sue Ryder | 5,000 | - |
| Surrey Drug and Alcohol Care Limited | 3,000 | 2,500 |
| Sussex MS Centre | - | 1,000 |
| Sydenham Garden | 1,000 | - |
| Tall Ships Youth Trust | 4,000 | 4,000 |
| Target Ovarian Cancer | 5,000 | 5,000 |
| Teenage Cancer Trust | - | 5,200 |
| Thames Valley Air Ambulance | 3,000 | - |
| The 999 Club and Lady Florence Trust | 2,000 | - |
| The Beam Foundation | 2,000 | - |
| The Big House Theatre Company | - | 2,000 |
| The British Stammering Association | 3,000 | - |
| The Camden Psychotherapy Unit | 1,500 | 1,000 |
| The Child Accident Prevention Trust | 1.500 | - |
| The Childhood Trust | 2,000 | - |
| The Children's Trust | 3,000 | - |
| The Compassionate Friends | 2,000 | - |
| The Disabled Sailors Association | 2,000 | 1,000 |
| The DPJ Foundation | 1,000 | - |
| The Ecclesiastical Parish of St Marylebone with Holy Trinity St Marylebone | - | 2,500 |
| The Felix Project | 5,000 | - |
| The Garden Classroom | 2,000 | - |
| The Garwood Foundation | 2,000 | - |
| The Greenwich Foundation for the Old Royal Naval College | 10,000 | - |
| The Gurkha Welfare Trust | 5,000 | 5,000 |
| The Kent Autistic Trust | 4,000 | - |
| The London Harness Horse Parade Society | 5,000 | 5,000 |
| The Lullaby Trust | - | 2,000 |
| The Message Enterprise Society | 2,000 | - |
| The National Deaf Children's Society | 7,000 | - |
| The New Bridge Foundation | 5,000 | - |
| The No Way Trust Limited | 3,000 | - |
| The Not Forgotten Association (NFA) | 3,000 | - |
| The Nucleo Project | 3,000 | - |
| The Oily Cart Company | 2,000 | - |
| The Pituitary Foundation | 3,000 | - |
| The PSP Association | 1,000 | - |
| The Respite Association | 2,000 | 2,000 |
| The Royal Marsden Cancer Charity | 6,000 | - |
| The Royal National Institute for Deaf People | 7,000 | 3,000 |
| The Royal National Orthopaedic Hospital Charity | 3,000 | - |
continued...
Page 18
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
4. Charitable activities costs - continued
| The Royal School for the Blind The Royal Surgical Aid Society The Sequal Trust The Silverlining Charity The SOFA Project The Southmead Project The Suzy Lamplugh Trust The Theodora Children's Charity Together for Short Lives Tommy's Tourettes Action Tower Hamlets Mission Trailblazers Mentoring Ltd TRIP Community Transport - Honiton University College London (UCLH) Charity University Hospitals Birmingham Charity UpRising Versus Arthritis Vision North Somerset Volunteering Matters Walking with the Wounded Wandsworth Borough FC Wandsworth Community Transport War Memorials Trust Westbourne Primary School Parents Association Wey & Arun Canal Trust WK Foundation Woman's Aid Federation of England Wooden Spoon Society World Heart Beat Music Academy Ltd Yes Outdoors Young & Inspired Ltd Young Bristol |
2,000 3,000 4,000 - 2,000 3,000 1,500 1,000 1,000 1,000 3,000 - 4,000 - - 1,200 - 3,000 1,500 2,000 5,000 500 - - 750 - 5,000 2,000 40,000 2,500 - 1,000 2,000 748,355 |
2,000 2,500 2,000 1,000 - - 1,000 - - - 2,000 2,000 - 1,000 5,000 - 3,000 3,000 - 2,000 - 500 1,500 5,000 500 2,000 - - - 2,000 5,000 - - 509,105 |
|---|---|---|
continued...
Page 19
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
5. Grants payable
Charitable donations
| 2025 | 2024 |
|---|---|
| £ | £ |
| 748,355 | 509,105 |
The only activity of the charity was to make donations. All of the donations made during the year were to institutions. The analysis of total donations paid by nature is as follows:
----- Start of picture text -----
2025 2024
£ £
Medical 293,200 185,200
Community 297,155 237,655
Educational 38,500 16,500
Cultural 24,500 14,000
-
Human rights 28,000
Animal Welfare 9,000 6,500
Alleviating poverty 58,000 49,250
748,355 509,105
----- End of picture text -----
6. Support costs
| Support costs | Support costs | Support costs | |||||
|---|---|---|---|---|---|---|---|
| Management £ Other resources expended 8,708 |
Finance £ 25 |
Governance costs £ 11,868 |
Totals £ 20,601 |
||||
| 2024 | Governance | ||||||
| Other resources expended | Management £ 150 |
Finance £ 25 |
costs £ 6,543 |
Totals £ 6,718 |
continued...
Page 20
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
7. Auditors' remuneration
| 2025 | 2024 | |
|---|---|---|
| Fees payable to the charity's auditors for the audit of the charity's | ||
| financial statements | £3,200 | £3,045 |
8. Trustees' remuneration and benefits
There were no trustees' remuneration or other benefits for the year ended 5 April 2025 nor for the year ended 5 April 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024.
9. Employees
There was 1 member of staff in the current year. There were no staff in the previous year.
10. Fixed asset investments
Investments are included at closing mid-market value at the Balance Sheet date. Realised gains and losses on investments are recognised on disposals of investments and any gain or loss on revaluation is taken to the Statement of Financial Activities. The determination of any gains and losses are calculated by reference to the mid-market value of such assets at the beginning of the accounting period.
continued...
Page 21
The William Allen Young Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 5 April 2025
11. Creditors: amounts falling due within one year
| Taxation and social security Other creditors |
2025 £ 1,050 11,442 12,492 |
2024 £ - 6,545 6,545 |
|---|---|---|
12. Related party disclosures
During the year, The William Allen Young Charitable Trust had one related party transaction (£5,000) that requires disclosure (2024: £5,000). This relates to a donation made to a charity with a mutual trustee.
13. Reconciliation of net expenditure to net cash flow from operating activities
| Net expenditure for the reporting period (as per the Statement of Financial Activities) Adjustments for: Losses on investments Interest received Dividends received Increase/(decrease) in creditors Net cash used in operations Analysis of changes in net funds At 6/4/24 £ Net cash Cash at bank 698,400 698,400 Total 698,400 |
2025 £ (7,009,853) 6,982,217 (10,132) (731,188) 5,947 (763,009) Cash flow £ (21,689) (21,689) (21,689) |
2024 £ (4,328,735) 4,510,859 (8,195) (689,752) (99) (515,922) At 5/4/25 £ 676,711 676,711 676,711 |
|---|---|---|
14. Analysis of changes in net funds
Page 22
The William Allen Young Charitable Trust
| Detailed Statement of Financial Activities for the Year Ended 5 April 2025 Income and endowments Investment income Dividend income Deposit account interest Total incoming resources Expenditure Charitable activities Grants to institutions Support costs Management Wages Pensions Insurance Finance Bank charges Governance costs Auditors' remuneration Accountancy and payroll Legal fees Total resources expended Net (expenditure)/income before gains and losses Realised recognised gains and losses Carried forward |
2025 £ 731,188 10,132 741,320 741,320 748,355 8,333 200 175 8,708 25 3,200 6,568 2,100 11,868 768,956 (27,636) (27,636) |
2024 £ 689,752 8,195 697,947 697,947 509,105 - - 150 150 25 3,043 3,500 - 6,543 515,823 182,124 182,124 |
|---|---|---|
This page does not form part of the statutory financial statements
Page 23
The William Allen Young Charitable Trust
Detailed Statement of Financial Activities for the Year Ended 5 April 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Realised recognised gains and losses | ||
| Brought forward | (27,636) | 182,124 |
| Unrealised gains on fixed asset investments | (6,982,217) | (4,510,859) |
| Net expenditure | (7,009,853) | (4,328,735) |
This page does not form part of the statutory financial statements
Page 24