REGISTERED CHARITY NUMBER: 285524
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
FOR
LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
RML Taylor FCCA
I Carnegie Road
Newbury
Berkshire
RG14 5DJ

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financlal Activltles
Balanc• Sheet
Notes to the Flnancial Staternents
6 to 12

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
REPORT OF THE TRUSTEES
For The Year Ended 31 December 2025
The trustees present thelr report with the financial statements of the charity for the year ended 31
December 2025. The trustees have adopted the provlsions of Accounting and Reporting by Charities-
statement of Recommended Prartice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective I
January 2019)
OBJECTIVES AND ACTIVITIES
Objectives and aims
Lambourn Church of England School House Trust is an unincorporated charity established by a Deed of
Trust, whose purpose is 'the advancement of the education of children in the parish of Lambourn,.
The Trust aims to fund grants and donations each year wbth the total value determined by investment
returns and the availability and eligibility of projects/activities to fund.
The trustees apply the funds at their discretion and In accordance wlth the charitable purposes and object
of the charlty. Any decision to award a grant or donation remains solely the responsibility of the trustees.
Publlc benefit
The focus of the trust is on supporting projects and artlvitles that are outside the core education
provision and that are beneficial in meeting the specific needs of the children in the parish.
The Charity's Trustees have had due regard to the Charity Commission's guidance on Publlc Benefit.
ACHIEVEMENTS AND PERFORMANCE
Achievements and Performance
In 2025 the trust distributed grants/donations to the value of £36,600. Grants were made to the local
school towards the lease of minibus and coach travel expenses for educational activities. Additional
grants to the school were for books to upgrade the library reading lists, upgrading existing facilities to
produce an early years BalanceAbility cycle track and for new playground equipment. other organizatlons
to benefit were Lambourn'5 Youth Club, Brownies, Guides and Rainbows. The trust continued its funding
to the Imagination Library Scherne providing some 50 pre-school children in the Lambourn postcode with
a monthly reading book.
FINANCIAL REVIEW
Financial position
The Trust does not carry out any fund-raising activities. It funds its grant-maklng actlvlties wlth Income
derived from a tangible asset in the form of a residential property which provided a modest annual
Income and assets held in investment funds at the lower end of the rlsk spectrum.
Reserves policy
The Trust holds a proportlon of funds in readily accessible accounts to ensure it can meet its annual
obligations for grants and make provision for the maintenance of the residential property.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unbncorporated
charity.
Recruitment and appolntment of new trustees
The appointment of Trustees is governed by the Deed of Trust of the Charity. They are subject to being 3
in number. Each serve a 4 year term. The Trustees are specified In the Deed of Trust to be..
The Vicar of the Parish of Lambourn.
Appointed by the ParDchial Church Council of the Parlsh of Lambourn.
Appointed by Excalibur Academies Trust and be from the Parish Df Lambourn.
Page I

LA14BOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
RepoRT OF THE TRUSTEES
For The Year Ended 31 December 2025
STRucfuRE, GOVERNANCE AND MANAGEMENT
Organlsational structure
The Charity was established on l August 1982 and is administered by the Trustees. All decisions are
made by the Trustees having tsken appropriate third party advice where deemed necessary.
Rlsk mana9emeTrt
The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure
that appropriate controls are in place to provide reasonable a55urance against fraud and error. A Grants
and Donations Policy sets out the criteria for awarding grants. Payment of the grant is madè
retrospettively upon receipt of evidence that the activity or projett has taken place in accordance with
the grant's terms.
The Trust has an InvestrnÈnt Policy and the Trustees review the Investments on a regular basis with the
assistance of profe55ional advisors. This ensures that any relevant risks are identlfl@d and monitored and
managed In the appropriate manner.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charlty number
285524
Principal address
13A Oxford Street
Lambourn
Hungerford
Berkshire
RG17 8XS
Tru$tees
C Harris
Rev J Mintern
Ms A L Webster
IniFependent Examiner
RML Taylor FCCA
I Carnegie Road
Newbury
Berkshire
RG14 5DJ
Approved by order of the board of trustees on
by..
and signed on its behalf
C Harris - Trustee
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
Independent examiner's report to the trustees of Larnbourn Church of England School House
Trust
I report to the charity trustees on my examination of the accounts of Lambourn Church of Eng5and School
House Trust (the Trust) for the year ended 31 December 2025.
Responslbllltles and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Art 2011 I'the Act,).
I report in respect of my examlnation of the Trust's accounts carried out under Section 145 of the Act and
in carrying out my examinatlon I have followed all applicable Directions given by the Charity Commission
under Section 145(5)(b) of the Act.
Independent examifier's Statement
I have completed my examination. I confirm that no material matters have come to ffly attention in
connectlon with the examination giving me cause to believe that in any material respect..
accounting records were not kept In respect of the Trust as requlred by Sertion 130 of the Act. or
the accounts do not accord with those records. or
the accounts do not comply with the applicable reoulrements concerning the forrn and content of
accounts set Dut in the Charities {Accounts and Report5) Regulations 2008 other than any
requirement that the accounts give a true and fair view which is not a matter considered as part of
an independent examination.
I have no concerns and have come across no other matters in connectlon with the examination to which
attention Should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
RML Taylor FCCA
I Carnegie Road
Newbury
Berkshire
RG14 SDJ
Date..
Page 3

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
For The Year Ended 31 December 2025
2025
Unrestricted
fund
2024
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donation5 and legacies
93
Investment income
53,605
52,919
Total
53,698
52,919
EXPENDITURE ON
Charitable activities
Charitable expenditure
36,555
32,660
other
2,374
Total
38,929
32,660
Net gains/{losses) on investments
144,809)
25,080
NET INCOME/(EXPENDrruRE)
(30,040)
45,339
RECONCILIATION OF FUNDS
Total funds brought forward
1,863,284
1.817,945
TOTAL FUNDS CARRIED FORWARD
1,833,244
1,863,284
The notes form part of these financial statements
Page 4

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
BALANCE SHEET
31 December 2025
2025
Unrestricted
fund
2024
Total
funds
Notes
FIXED ASSETS
Investmants
Investments
Investment property
1,076,029
525,000
1, 120,838
525,000
1.601.029
1,645,838
CURRENT ASSETS
Debtors
Cash at bank
io
1,109
232,402
55
218,632
233,511
218,687
CREDITORS
Amounts falling due within one year
(1,296)
(1,2411
NEf CURRENT ASSErs
232,215
217,446
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,833,244
1,863,284
NET AsseTS
1.833,244
1,863,284
FUNDS
Unrestricted funds
12
1,833,244
1,863,284
TOTAL FUNDS
1,833,244
1,863,284
cl I state
ent
re approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by..
C Harrlg - Trustee
The notes form part of these financlal statements
Page 5

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
NOTES TO THE FINANCIAL sfATEMENTS
For The Year Ended 31 December 2025
ACCOUNTING POLICIES
Basls of preparing the flnanclal staternents
The financial statement5 of the charityi which is a public benef5t entity under FRS 102, have been
prepared in accordance with the Charitie5 SORP IFRS 1021 'Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Flnancia1 Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}
{effective l January 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, as modified by the revaluatlon of certain asset5.
Overall risk to operations
Following the year end, there have been no substantial developments that would affect the
Charity's ability to remain in surplus. The Charity has therefore determined that there are no post
balance sheet events and accordingly, the financial position a5 at, and results of the operations for,
the year ended 31 December 2025 have not been adjusted to reflect thelr impart.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to
the funds, it is probable that the incorne will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there Is a legal or constructive obligation
committbng the charity to that expenditure, It Is probable that a transfer of economic benefit5 will
be required in settlement and the amount of the obligation can be measured reliably. Expenditure
s accounted for on an accruals basis and has been classified under headings that aggregate all
cost related to the category. Where costs cannot be directly attributed to particular headings they
have been allocated to attivities on a basls conslstent wlth the use of resources.
Grants offered subject to condStions which have not been met at the year end date are noted as a
commitment but not accrued as expenditure.
Charitable activStles
Grant and Donations:
The Trustees apply the funds of the School House Trust at their di5cretlon and in accordance wlth
the charitable purposes and objects of the Charity.
The number and value of grants is necessarily limited to the amount of funds that are available for
distributlon each year. The trustees have determined that the current priorities for funding grant5
are..
Facilitatlng extra-curricular activities for children aged 5-1 l in areas of art5, Sport and culture.
Encouraging pre-school children to attaln basic skills in literacy and speaking and listening.
Enabling children to achieve thelr full potentlal in literacy.
The trustees will only conslder appllcation5 for grants from orgènisatlons, not indlviduals, withln
the Parish of Lambourn.
Applications for grants received not in-keeping with the priorities for support will only be
considered under exceptional circumstances.
The trustees will allocate a portion of the fund each year for small donations of up to £500.
Investments
Investment property is shown at most recent valuation. Any aggregate SLJrplus Dr deficit arising
fmm changes in fair value is ￿tognIsed In the Statement of Flnancial Activities.
Page 6
continued...

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
For The Year Ended 31 December 2025
ACCOUNTING POLICIES - Contlnued
Investments
The overall investment objectlve is to produce the best financial return with an acceptable level of
risk.
Long-term funds:
Are used to generate a fairly high level of income whlle minimising the risk of capital losses. The
ncome and capital gains will aid in protecting the Charity's capital from the impact of inflation.
The charity uses the Consumer Price Index {CPI) as an inflation measure and the target return on
investment is inflation plus 5010.
Short-term funds..
The Charity will use short term investments with a minimum A-credit ratingi to achieve a
competitive rate of interest on cash balances, with the matrn aim being to have readlly accessible
funds in the case of unexpected expenditure or low value capital pmjerts.
Ethical Policy:
The Charity expects fijnds to be invest and managed in accordance wlth the Church of England's
Ethical Jnvestment Advisory Group and the UK Stewardship code.
Taxation
The charity is exempt from tax on its charltable activities.
Fund accounting
Urirestricted funds can be used in accordance with the charitable objectives at the dlscretlon of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when fund5 are raised for particular
restricted purposes.
Further explanatlon of the nature and purpose of each fund is included In the notes to the financial
statements.
INVESTMENT INCOME
2025
2024
Rents received
Investment income
Deposlt account interest
12,822
40,643
140
12,386
40,346
187
53,605
52,919
Page 7
continued...

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2025
GRANTS PAYABLE
2025
2024
Charitsble expenditure
36,555
29,161
The total grants paid to organisations during the year was as follDWS'.
2025
2024
Lambourn Church of England Primary School
Other institutions
25,679 18,562
10,876 10,600
36,555 29,162
INDEPENDENT EXAMXNERS. REMUNERATION
2025
2024
Independent examiners, remuneration
Independent examSners' remuneration - Non Independent examination
578
718
546
696
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2025 nor
for the year ended 31 December 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 December 2025 nor for the year
ended 31 December 2024.
STAFF COSTS
The Trust dld not employ any staff in the current or the preceding year.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Investment Income
52,919
EXPENDITURE ON
Charitable activities
Charitable expenditure
32,660
Net gains on investments
25,080
Page 8
contlnued...

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRusr
NOTES TO THE FINANCIAL STATEMENTS - contlnued
For The Year Ended 31 December 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - contlnued
Unrestricted
fund
NET INCOME
45,339
RECONCILIATION OF FUNDS
Total funLls brought forward
1,817,945
TOTAL FUNDS CARRIED FORWARD
1,863,284
FIXED ASSET INVEsfMENTS
Listed
nvestments
MARKET VALUE
At l January 2025
Revaluations
1, 120,838
144,809)
At 31 December 2025
1,076,029
NET BOOK VALUE
At 31 December 2025
1,076,029
At 31 Decernber 2024
1,120,838
There were no investment assets outslde the UK.
Cost or valuation at 31 December 2025 is represented by..
Listed
Investments
Valuation in 2020
Valuation in 2021
Valuation in 2022
Valuation in 2023
Valuation in 2024
Valuation in 2025
C05t
93,091
142,066
{133,626)
94,227
25,D80
(44,809)
900,000
1,076,029
Page 9
continued..-

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2025
INVESTMENT PROPERTY
FAIR VALUE
At l January 2025
and 31 December 2025
525,000
NET BOOK VALUE
At 31 December 2025
525,000
At 31 December 2024
525,000
Fair value at December 2021 is represented by..
Valuation in 1998
Valuation in 2007
Valuation in 2014
Valuation in 2017
Valuation in 2020
Valuation in 2022
Cost
169,960
255,000
35,000
(40,0001
55,000
50,000
40
525,000
The cost represents the origlnal cost of the land on which the property is now situated. There Is no
SUPPOrting documentation available to determine the costs incurred when erecting the property.
The Trustees obtained a professional valuation of the investment property during the year ended
31 December 2025. The valuation was conducted by Marc Allen Estate Agents and 15 considered to
be a fair estimate of the market value.
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other debtors
Prepayments
1,053
56
55
1, 109
55
Page 10
contlnued...

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
For The Year Ended 31 December 2025
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
other creditors
1,296
1,241
12. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.25
At 1.1.25
Unrestricted funds
General fund
1,863,284
(30,0401
1,833,244
TOTAL FUNDS
1,863,284
(30,040)
1,833,244
Net movernent in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
53.698
138,929)
(44,809)
(30,0401
TOTAL FUNDS
53,698
{38,929)
144,809)
130,040)
Comparatlves for movement In funds
Net
movement
in funds
At
31.12.24
At 1.1.24
Unrestricted funds
General fund
1,817,945
45,339
1,863,284
TOTAL FUNDS
1,817,945
45,339
1,863,284
Comparative net movement in funds, included In the above are as follows..
Incoming
resources
Resources
expended
Gains and
losse5
Movement
in funds
Unrestricted funds
General fund
52,919
(32,6601
25,080
45,339
TOTAL FUNDS
52,919
(32,6601
25,080
45,339
Page 11
continued...

LAMBOURN CHURCH OF ENGLAND
SCHOOL HOUSE TRUST
NOTES TO THE FINANCXAL STATEMENTS- continued
For The Year Ended 31 December 2025
12. MOVEMENT IN FUNDS - contlnued
A current year 12 months and prior year 12 months comblned positlon Ss as follow5:
Net
movement
in fund5
At
31.12.25
At 1.1.24
Unrestrirted funds
General fund
1,817,945
15,299
1,833,244
TOTAL FUNDS
1,817,945
15,299
1,833,244
A current year 12 months and prior year 12 months combined net movement in funds, included In
the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unre5tri¢ted funds
General fund
106.617
{71,589)
(19,729)
15,299
TOTAL FUNDS
106,617
(71,5891
119,729)
15,299
13. RELATED PARTY DISCLOSURES
Alison Webster is a Trustee appointed by Excalibur Academies Trust who are responsible for
Lamboum Church of England School which receives donations from the Trust.
Page 12