THE NORMAN TAYLOR EDUCATIONAL AND
AID FOR THE ELDERLY TRUST
REGISTERED CHARITY NUMBER 284859
FINANCIAL STATEMENTS FOR THE YEAR
ENDED 5TH APRIL 2025
JERVIS & PARTNERS
CHARTERED ACCOUNTANTS
1351137 WELLINGBOROUGH ROAD
RUSHDEN
NORTHANTS
NN10 9TE

THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
REGISTERED CHARtrY NUMBER: 284859
LEGAL AND ADMINISTRATIVE DETAILS
LEGAL STATUS
A registered charity formed by a Declaration of Trust dated
17th February 1982
TRUSTEES
Mrs C. E. Allmark Ichaimianl
M. J. Percival {Retired 11 July 20241
A. D. Miles
F. T. G. Bird {Rets'red 11 July 20241
J. N. Pert(ins {Relired 11 July 2024)
J. B. Brown
S. V. Billings
Mrs G. R. Evans (Appointed 11 July 20241
Mrs M Kneeshaw IAppoinled 11 July 2024)
PRINCIPAL ADDRESS
HCR Law
Lancaster House
Nunn Mills Road
Northampton
NN15GE
BANKERS
Cater Allen
9 Nelson Street
Bradford
BD15AN
ACCOUNTANTS
Jervis & Partners
Chartered Accountants
1351137 Wellingborough Road
Rushden
Northants
NN10 9TE
SOUCITORS
HCR Law
Lancaster House
Nunn Mills Road
Northampton
NN15GE
STOCK8ROKERS
Rowan Dartington

Page 1
HE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
REGISTERED CHARITY NUMBER: 284859
FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2025
CONTENTS
Pa
Report of the Tru5te85
2and3
Ind8p•ndent Examlner's Report
Statement of financlal actlvities
Balance Sheet
Noles to the financial statements
7t010

THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
Page 2
REGISTERED CHARITY NUMBER: 284859
REPORT OF THE TRUSTEES
The Tnjstees present their annual report and audited financial slalements for the year ended 5th April 2025.
The financial statements have be8n prepared on the accounting policies set OLrt in Note 1 of the financial
statements and comply with the Charity's Trust Deed, applicable law and the requirement of the SORP
"Accounting and Reporting by Charities" (FRS 102) issued In 2015 and the Charities Act 2011.
The Charity has taken advantsge of the concessions afforded to smaller charities in respeet of presentation and
disclosure in those financial statements.
STRUCTURE. GOVERNANCE AND MANAGEMENT
The Charity is governed by a Trust Deed dated 17th February 1982 which authorises the Board of Trustees lo
perfonn the objects of the Trust.
The recruitmen( appointment and training of new Trustees are conducted by exisiing Trustees.
OBJECTIVES OF THE CHARITY
The Norrrban Taylor Educational arbd Aid for the Elderly Trust was established in 1982 to make grants to the David
Ta￿or Housing Trust for Elderly and Retired Persons Iregislered Charity number 2361021 lo assist il in carrying
out its objective of maintaining Abington Lodge and the land around it as a residential homestead for elderly and
retired and the provision of homes for such people. Secondly. the Trustees are empowered to assist with
education gTanls for people in the Borough of Northamptonshire and the Borough of Arbroalh.
PUBLIC BENEFIT
All of the Charity's activities are undertaken to ￿rther our charitable purpose for the benefit of the public. The
Trustees have had regard lo the Charity Commission guidance on public benefit in section four of the Charities
Act 2011. The main benefits which have arisen during the year from the organisation's aims and activities are
detsiled in the following sections and in the financial review.
REVIEW OF THE DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS DURING THE YEAR
Mr. David Norman Taylor in his lifetime established two Charitable Trusls. He was an unmarried man and had no
children. His wish was lo ensure that his land and property al Abington Lodge. Northampton and his olhgr
inveslmenlg should be utilised after his death through Charilable Trusts for the benefit of elderlyand retired people.
The David Taylor Housing Trust ovvns the land and property. The Aid for the Elderly Trust owns the investments.
From the latter Trust, tt was also possible to provide educational grants for resrdents of the Borough of
Northampton and the Borough of Arbroalh.
To aid the admlnislralion over the years since Mr. Taylor's death, the Charitable Trusts have been run
effectively as one. As per a Charity Commission inslruclion, separate annual accounts are prepared for each
Charity.
The David Taylor Housing Trust has continued to hold the land and property and to work with East Midlands
Housing Association and SoLrth Court Environmental to ensure that this is available and maintained for the benefit
of the residents of Abington Lodge in accordance with the instructions left by Mr. D. N. Taylor.
The Educational Trust has made the final payment of a thra8 year grant awarded to a student at university, but
has not made any further edlrcational awards in the current financial year. In accordance with their charitable
objectives the Trustee8 have ulilised the monies from their investments to support the resident elderly and retired
people of Abington lodge
FINANCIAL RESULTS FOR THE YEAR
The financial slalemenls for the year ended 5th April 2025 show a deficit of £18,798 {2024- surplus £30,796) in
lolal funds,. this includes reallsed profits orb the sale of investments of £8.319 (2024 - profils £5,466). Unrealised
losses on revaluation of investments were £7.3821£2024- profits £53.4511.
POLICY ON RESERVES
The Trustees consider that the unrestricted general fund £1.162,895 at 5th April 2025 12024 £1,181,693) is
sufficient lo sustain its operats'ons should income generating activities be curtailed unexpectedly over the
forthcoming year.

THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
Page 3
REGISTERED CHARITY NUM8ER: 284859
REPORT OF THE TRUSTEES - CONTINUED
INVESTMENT POLICY
Rowan Dartington, as Independent Financial Advisers, continued to manage the portfolio and ensure that the
income of the Trust is maximised whilst safeguarding as far as possible the capital investments of the Charity.
RISK ASSESSMENT POLICY
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related lo the
operations and finances of the Charity, and are satisfied that systems are in place lo mitigate their exposure lo
the major risks.
PLANS FOR FUTURE PERIODS
The Charty's future plans include the continued support of the elderly residing in the properties at Abington Lodge,
and lo assist in the pmvision of facilities and aid for elderly and retired people in Northampton. When appli¢anls
arise. to consider the support of children wanting lo go on lo further educalion in accordance with the objectives
of the Charfty.
TRUSTEES RESPONSIBILITIES
The Tlustees are responsible for preparing the Ttuslees. Annual Report and the financial statements in
acwrdance with applicable jaw and United TrQngdom Accounting Standards {United Kingdom Generally Accepted
Accounts"ng Practice).
The law applicable lo Charities In England & Wales requires the Trustees lo 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 resourGe5 of the Charity for Ihal period. In prepaiing these financial statements, the Tfustees
are required to=.
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and prudent.,
slate whèther applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements.,
Prepare the financial statements on the going cOn￿M basis unless it is inappropriate to presume
that the Charity will Gontinue in operation.
The Tnjstees are responsible for maintaining prop8r accounling records which disclose with reasonable
accuracy, at any lime, the financial position of the Charity and enable them to ensure that the financial
stalements Gomply with Ihe Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008
and the provisions of the Trust D8ed. They are also responsible for safeguarding the assets of the
Charity and hen￿ for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
This report was approved for and on behalf of the Trustees on 17 November 2025 and were
signed on their behalf by-"
Mrs C E Allmark
Chairman

Page 4
THE NORMAN TAYLOR EDUCATIONAL AND AID F
LY TRUST
REGISTERED CHARrrY NUMBER: 284859
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
IN RESPECT OF THE YEAR ENDED 5TH APRIL 2025
We report on the financial statements of the Charity for the year ended 5th April 2025 which are sel out on pages
5t010.
Rèsponsibilitles and basls of report
As the charity's trustees you are responsible for the preparallon of the atcounts in accordan￿ with the
requirements of the Charities Act 2011 {'tr￿ Act,).
Vve report in respect of our examination of the charity's accounts carried out under section 145 of the Act and in
carrwng out our examination we have followed all the applicable Directions given by the Charity Commission
under section 145{51(bl of th8 Act.
Independent examlner's statement
We have completed our examination. We confimi that no material matters have come lo ourattention in connection
with the examination giving us catjse k) believe that in any material respect..
accounting records were not kepl in respect of the charity as required by section 130 of the Act: or
2. the accounts do not accord with those recordsl" or
3. the accounts do not comply with the applicable requirements concerning the form and coritent of accounts
set out in th8 Charities {Accounls and Reports) Regulations 2008 other than any requirements that the
aecounls give a 'true and fair view, which is not a matter consldered as part of an independent
examination.
We have no concerns and have come across no other mallers in connecllon with the examination to which
attention should be drawn in this report in order to enablg a proper understsndlng of the accounts to be reached.
Je￿iS & Partners
Chartered Accountsnts
1351137 Welllngborough Road
Rushden
Northants
NN10 9TE
eQoU4L￿￿ >p75
Date:

THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
Page 5
REGISTERED CHARITY NUMBER: 284859
ENT OF FINAN
OR
HE YEAR ENDED
25
2025
2024
Total
Funds
Unrestrlcted
Funds
Restricted
Funds
Total
Funds
Note
Income
Investment income
Interest Fieceived
43,051
928
43,051
928
34,988
523
Total income
43,979
43,979
35,511
Expenditure
Ralslng funds
Investment management costg
{15,840}
(15.840}
(15.224)
Charitable activities
Donations
139,000)
139.0001
{39.000)
Grants paid
Other cosls
18,874}
{8,8741
(9,4081
Total expenditure
{63,7141
(63,7141
(63,632)
Property revaluatlon
Net galnsl(lossesl on Investments
Realised Ilossesllgains
Unrealised Ilossesllgains
8,319
(7.382)
8,319
(7,3821
5,466
53.451
617
Net movement in funds
{18,798}
(18,7981
30.796
Reconciliation of funds:.
Funds brought fojward
1.181,693
650.000
1,831.693
1,800,897
Total funds carried fonvard
10
1,162,895
650.000
1,812.895
1.831.693
There are no other recognised gains or losses for the year other than those contained in the statement offinancial
aclivilies.
The notes on pages 7 to 10 fomi part of these financial statements

THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
Page 6
REGISTERED CHARITY NUMBER: 284859
ANCE
H APRI
2025
2024
Not8
Fixed assets
Tangible fixed ass8ts
650,OCN)
650,000
Investments
1,152.024
1,161.362
Total flxed assets
1.802,024
1,811.362
Current assets
Debtors
Bank and cash
35,354
43.702
Total current assets
35,3S4
43,702
Liabllltlos
Creditors.. amounts falling due
within one year
24.483
23.371
Net current assets
10,871
20,331
Total assets less current liabilltles
1,812,895
1,831.693
The funds of the charlty:
Unrestricted funds
10
1,162,895
1,181,693
Restricted funds
10
650,000
650.000
1,812,895
1.831,693
These financial statements were approved by the Trustees on 17 November 2025 and were signed on their behalf
by:"
Mrs C E Allmark
Chalrma
The notes on pages 7 to 10 fom) part of these financial statements

Pag8 7
THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
REGISTERED CHARITY NUMBER: 284859
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2025
ACCOUNTING POLICIES
(8)
General lTrforniatlon
The Norman Taylor Educational and Aid for the Elderly Trust is a Charty registered in the United
Kingdom. The address of the charity is given in the Legal and Administrative Infoimation. The
nature of the Charity's operations and principal activities are fully detailed in the report of the
Trustees on pages 2 and 3. The Charity constitutes a public benefit entity as defined by FRS102.
(b)
Basls of preparallon
The financial statements have been prepared under the historical cost convention, with the
exception that investments are included at market rale value. and in accordance with the Chartties
Act 2011, and the Statement of Recommended Practice.. Accoutbting and Reporting by Charities
{FRS102 20151 and applicable Accounting Standards. The Chattty has applied Update Bulletin
1 as published In February 2016 and does not irbclude a cash flow statement on the grounds th81
it is applying FRS1021A.
Ic}
Fixed assets and depreclatlon
Fixed assets are reflecled atfair value. Any movemenl in valuation is taken lo the restricted fund.
It is the Trustees. policy to maintsin all buildlngs to such a standard Ihal their estimated residual
value is not less than their cost at any given time. and. consequently, no depreciation is
necessary.
Id>
Investments
Stocks and shares are included in the Balance Sheet at market value. which is deemed to be fair
value. Both realised and unrealised investsnent gains and losses are shown in the stalement of
financial activities.
la}
Income
Bank interest and interest eamed on funds held by stockbrokers is staled gross and is included
on a recèivable basis.
Investment income is included on a receivable basis and includes recoverable income lax.
ifj
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or conslwctive obligation
committing the charity tr) thè expenditure. All expenditure is awounled for on an accruals basis
and has been classified undèr headings thal aggregate all ctssts related lo the category.
Ig)
Irrecoverable VAT
lThecoverable VAT is charged against the category of resources expended for which il was
incurred.
(h)
Governance costs
Governance costs comprise all costs involving the public accounlabilily of the Charity and its
compliance with regulations and good practice. These costs include costs relating to accountants
fees, the audit and legal fees.
Unrestrlctad funds
The Charity's unreslricled funds consist of general reserves, which the Charity may use for its
purposes al its discretion.
ui
Restrlcted funds
The Charily's reStr￿ted funds ale those funds which may only be applied for purposes specrfied
by the Trust Deed.
(k)
Designated funds
The Charity's designated funds are those funds which the Trustees have elected to earmark for
a speGifiG purpose. There is no restriction as to the use of these funds. Any balance remaining
in the designated fund after the specific project has been completed may be transferred back to
the unrestricted general fund.

THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
Page 8
REGISTERED CHARITY NUMBER: 284859
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2025
EXCEPTIONAL COSTS
2025
2024
ProfiV{Lossesl on sale of inve9tments
31
DONATIONS
2025
2024
Institutions
David Ta￿or Housing Trusl
The donations are made in accordan￿ with the objectives of the Charity to assist the elderty and retired.
GRANTS PAYABLE
2025
2024
Individuals
Educational
The educational grants are made to individuals in accordance with the objectives of the Charity.
OTHER COSTS
2025
2024
Governanee costs
Legal and administration costs
Accountancy fees
Bank charges
6.282
2,592
6,488
2,520
8,874
9.408
The Charrty has no employees. and the Trustees
receive no rernuneralion or expenses.

THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
Page 9
REGISTERED CHARITY NUMBER: 284859
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2025
TANGIBLE FIXED ASSETS
Freehold land
and bulldings
Valuation
At 6th April 2024
Re-valuation
650,0(K)
At 5th April 2025
650,000
Depre¢iatlon
Al 6th April 2024 and 5th April 2025
Net book amounl
At 5th April 2025
Al 5th Aprll 2024
The freehold land and buildings were independently valued by an appropriately qualified Chartered
Surveyor on the basis of open market value for existing use and tenants on 11 February 2020. The
Trustees have reviewed the currenl market and condition of the property and consider the valuation lo be
the fair value as al 5 April 2025.
Total
2025
Total
2024
FIXED ASSET INVESTMENTS
All used for charitable purposes
Valuation at 6th April 2024
Additions al cost
Dlsposals al market value
Unrealised gainslllosses)
1,161,362
334,098
{336,0541
17.382)
1.138.33fj
978,445
(1,008,8701
53,451
Valuation at 5th April 2025
1.152,024
Historfcal cost at 5th April 2025
DEBTORS
Amounts falling due within one year
2025
2024
Accrued investment income
CREDITORS
Amounts falling due wllhln one year
2025
2024
Accrued expenses
David Taylor Housing Trust
3,834
20,649
5,584
17,787
24,483
23,371

Page 10
THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
REGISTERED CHARITY NUMBER: 284859
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2025
10.
ANALYSIS OF CHARITABLE FUNDS
6th April
2024
Galnsl
Transfer (losses)
5th Aprll
2025
Income
Expendlture
Unrestrlcted funds
General fund
Designated fund
1.101.693
80.000
43,979
{63,714)
937
1.082.895
80.0(K)
1.187.693
43,g79
163,714)
937
1.162,895
Re$trlcted funds
650,000
650,000
The designated fund relates lo a reserve for the future repairs to 8rimlands Fam. The Trustees want I
sel aside funds now so that there are adequate resources in the future lo meet the costs of any w(xk
deemed to be required. The Trustees have agreed to cap this fund at £80,000.
11.
CONNECTED CHARITIES
Th8 Charity was established to make grants to The David Taylor Housing Trust for Elderly and Retir8J
Persons (Registered Charity Number.. 236102).
Donations Df £39,000 {2024- £39,000) were made to this Charity during the year.
12.
TRUSTEES. REMUNERATION
The Trustees were not entitled to, and did not reeeive any, remuneratton from the Trust during Ihe year
or the previous year.
13.
NET ASSETS BETWEEN FUNDS
General
Unrestricted Restri¢ted
Total
Fixed assets
Current assets
Current liabilities
1.152.024
35,354
{24,483}
650,000
1,802,024
35,354
124,483)
1,162,895
650,000
1.812,895
14.
RELATED PARTIES
The Trustees regard The David Taylor Housing Trusl a5 a related party having identlcal Trustees and the
same founder.
During the year, The David Ta￿Or Educational and Aid for the Elderly Trust paid net expenses of £2.862
on behalf of The Norman Taylor Housing Trust and made donations lo thern of £39.00012024 - £39.0001
At the year end The Nomian Taylor Educational and Aid for the Elderfy Trust owed a nel amount of
£20,64912024 - £17,787} lo The David Taylor Housing Trust.