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2026-03-31-accounts

GEOFFREY BURTON CHARITABLE TRUST

ACCOUNTS

For the Year Ended

31st March 2026

Registered Charity No. 290854

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GEOFFREY BURTON CHARITABLE TRUST
31ST MARCH 2026
PAGE
TRUSTEES' REPORT 1 to 3
INDEPENDENT EXAMINER'S REPORT 4
STATEMENT OF FINANCIAL ACTIVITIES 5
BALANCE SHEET 6
NOTES TO THE ACCOUNTS 7 to 8
SCHEDULES OF INVESTMENTS 9 to 12
SCHEDULES OF GRANTS 13
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GEOFFREY BURTON CHARITABLE TRUST

TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2026

The trustees have pleasure in presenting their report and the accounts of the charity for the year ended 31st March 2026.

Legal Status

The Trust was formed by Deed on the 3rd December 1984 by G Burton and registered as a charity (number 290854).

Trustees

The Trustees who served during the year were as follows:-

E D Nash R E Nash K M N Oakes K Cooper

Principal Address

The principal address of the Charity is:

89 Stowmarket Road Needham Market Ipswich IP6 8ED

Legal and Administration

Bankers:

CAF Bank Ltd, 25 Kings Hill Avenue, West Malling, Kent, ME19 4JQ.

Stockbroker:

Charles Stanley and Co Ltd, 33 Lower Brook Street, Ipswich, IP4 1AQ

Solicitor:

Gotelee, 19 Deben Mill Business Centre, Old Maltings Approach, Woodbridge, IP12 1BL

Independent Examiner: Mrs R Unthank, 15 Thornley Road, Felixstowe IP11 7LA.

History, Objectives and Activities of the Trust

The Trust deed gives the trustees power to apply the income received from the capital invested in such a manner as they think fit for the benefit of any charitable object or purpose. The trustees have a policy of mainly supporting projects that will benefit Needham Market and its locality.

The trustees identify projects and organisations they wish to support usually from applications made speculatively by people or organisations. Grants are normally made to other charitable bodies, however, occassionally applications from individuals are considered. The Trust also has a policy of not responding to any correspondence unless it relates to grants it has agreed to make or to the general management of the Trust.

Page 1

GEOFFREY BURTON CHARITABLE TRUST

TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2026 (continued)

Management and Governance Arrangements

Three of the trustees have held office for over 10 years. The trustees are responsible for the induction of any new trustee which involves awareness of a trustee's responsibilities, the governing documents, administrative procedures, the history and philosophical approach of the charity.

The trustees have assessed the risks to which the Trust is exposed. To date these have mainly related to investment management and these have been ameliorated by diversified portfolio management.

Procedures and Policy for Grant Making

The trustees meet quarterly to consider what grants they will make and to review any feedback they have received. Applications for grants are received by letter and e-mail.

The trustees have paid due regard to the guidance on public benefit in deciding who the charity should support. The majority of grants are made to other charities or voluntary organisations who are clearly operating for the public benefit.

Achievements and Performance of the Trust

During the year the trust has been able to continue its support to local charities. Grants have been awarded to First Needham Scout Group, Listening Books, Macmillan Cancer Support, Meningitis Now, Oxygen Therapy Centre, Suffolk Owl Sanctuary, Food Museum and a portable defibrillator purchased.

Financial Review, Investment Policy and Reserves

Income from investments is expended to support other charitable bodies and institutions.

There are no restricted funds.

The trustees aim to spend all net incoming resources of the unrestricted fund in the year in which they are received. Any surplus or deficit is added to or deducted from the reserve brought forward.

There is no requirement for the trustees to hold reserves, but the reserves held in the form of investments enable the trustees to continue to distribute income to charitable organisations.

Page 2

GEOFFREY BURTON CHARITABLE TRUST

TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2026 (continued)

Responsibilities of the Trustees

Law applicable to charities in England and Wales requires the Trustees to prepare Financial Statements for each financial year which give a true and fair view of the Trust's financial activities during the year and of its financial position at the end of the year. In preparing Financial Statements giving a true and fair view, the Trustees should follow best practice and:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the Trust and which enable them to ensure that the Financial Statements comply with applicable law, regulations and the Trust Deed. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the trustees on the 18th June 2026.

…………………………………….. K M N Oakes

Date 18th June 2026

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GEOFFREY BURTON CHARITABLE TRUST

I report on the accounts of the Trust for the year ended 31st March 2026 which are set out on pages 5 to 13.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed.

It is my responsibility to

BASIS OF INDEPENDENT EXAMINER'S STATEMENT

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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matter has come to my attention:

have not been met; or

Rosemary Unthank Chartered Accountant Felixstowe 6th August 2026

Page 4

GEOFFREY BURTON CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31ST MARCH 2026

Note
Incoming Resources
Investment income
2
Total Incoming Resources
Resources Expended
Charitable Activities:
Charitable donations
see page 13
Support Costs
Support and other costs
3
Total Resources Expended
Net Resources
Other Recognised Gains and Losses
(Loss)/Profit on disposal of assets
Profit on revaluation of investment assets
Net Movement in Funds
Balances Brought Forward
Balances Carried Forward		 Total
Funds
2026
27,983
27,983
14,210
5,616
19,826
8,157
-881
67,034
74,310
547,575
£621,885		 Total
Funds
2025
27,419
27,419
17,838
6,010
23,848
3,571
710
13,608
17,889
529,686
£547,575

Page 5

GEOFFREY BURTON CHARITABLE TRUST

BALANCE SHEET

31ST MARCH 2026

Note
FIXED ASSETS
Investments
2/5
Interest bearing mortgages - recoverable and secured
CURRENT ASSETS
Debtors
6
Cash at bank
CREDITORS - Amounts falling due within one year
7
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
REPRESENTED BY
Unrestricted funds		 2026
498,291
42,500
540,791
4,209
77,685
81,894
800
81,094
£621,885
£621,885		 2025
458,212
42,500
500,712
2,451
45,612
48,063
1,200
46,863
£547,575
£547,575

These Accounts were approved by the Trustees on the 18th June 2026. Signed on behalf of the Trustees:

----------------------------------------------K M N Oakes

Page 6

GEOFFREY BURTON CHARITABLE TRUST

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2026

1. ACCOUNTING POLICIES

Basis of accounting

These Accounts have been prepared under the historical cost convention, with the exception that investments are valued at market value. The accounts are in accordance with applicable accounting standards, the Charities SORP (FRS 102) and comply with the Charities (Accounts and Reports) Regulations 2008 issued under the Charities Act 2011.

The financial statements have been prepared to give a '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 the 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) issued on 16 July 2014 which under section 1A allows small charities exemption from preparing a cashflow statement.

The Charity constitutes a public benefit entity as defined by FRS 102.

Expenditure

Expenditure is included in the accounts on an accruals basis, except grants (see policy below).

Grants

Grants are recognised when there is a legal or constructive obligation committing the Trust to pay out resources and there are no conditions to be met relating to the grant.

Investment assets and income

Quoted investments have been valued at market value at the balance sheet date.

Unrealised and realised investment gains and losses are shown net in the statement of financial activities.

Investment income is recorded when receivable.

The cost of managing investments is shown in the statement of financial activities. Any costs associated with the sale or purchase of investments are accounted for as part of the sale or purchase price of the investments.

Unrestricted fund

Net incoming resources are used as far as possible in the year in which they are received. Any surplus or deficit is added to or deducted from the reserve brought forward from the previous year.

2. INVESTMENT INCOME
UK quoted investments
Other investments - interest bearing mortgages
Bank interest		 Total
2026
25,082
2,821
80
£27,983		 Total
2025
24,534
2,821
64
£27,419

Page 7

GEOFFREY BURTON CHARITABLE TRUST

NOTES TO THE ACCOUNTS (Continued)

FOR THE YEAR ENDED 31ST MARCH 2026

3. SUPPORT AND OTHER COSTS

3. SUPPORT AND OTHER COSTS
Independent examiner's fee
Investment management
Trustee expenses
Bank charges
4. RELATED PARTY TRANSACTIONS		 2026
260
5,210
86
60
£5,616		 2025
1,080
4,870
0
60
£6,010

Expenses paid to trustees were £86 (2025 nil).

No salaries or wages have been paid to the trustees during the year (2025 nil).

5. INVESTMENTS

Movement in market value
Quoted investments
Market value at 1st April 2025
Acquisitions at cost
Disposals at opening value
Change in value in the year
Market value at 31st March 2026
Historical cost at 31st March 2026
6. DEBTORS
Accrued mortgage interest
Accrued income
7. CREDITORS - Amounts falling due within one year
Other creditors		 458,212
10,183
-37,138
67,034
£498,291
£430,511
1,767
2,442
£4,209
£800		 457,992
19,329
-32,717
13,608
£458,212
£460,553
1,560
891
£2,451
£1,200

Page 8

GEOFFREY BURTON CHARITABLE TRUST

SCHEDULE OF INVESTMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Market Profit/(loss) Profit/(loss) Market
Holding Cost b/f **value b/f ** **Acquisitions ** **Disposals ** on disposal on revaluation value c/f Cost c/f
AIA Group Ltd NPV
1,360 shares 12,025.00 7,933.00 3,225.00 11,158.00 12,025.00
AstraZeneca Plc
120 ord USD0.25 shares 9,899.03 13,505.00 4,123.00 17,628.00 9,899.03
Aviva Plc
2,334 32.8947368p shares 9,634.00 12,958.00 1,055.00 14,013.00 9,634.00
Barclays Plc
7,500 ord 25p shares 12,147.39 21,585.00 7,624.00 29,209.00 12,147.39
Blackrock Continental European
11,786.276 units 22,679.86 23,367.00 1,951.00 25,318.00 22,679.86
BP Plc
1,818 ord USD 0.25 shares 9,768.08 7,928.00 7,380.10 -547.90
Charifund (M&G Securities) Plc
3,332.881 income units 52,123.87 50,603.00 9,202.00 59,805.00 52,123.87
Cordiant Digital Infrastructure Ltd
17,550 ord NPV shares 17,703.00 15,268.00 2,545.00 17,813.00 17,703.00
Carried forward 145,980.23 153,147.00 0.00 7,380.10 -547.90 29,725.00 174,944.00 136,212.15

Page 9

GEOFFREY BURTON CHARITABLE TRUST

SCHEDULE OF INVESTMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Holding
Brought forward
GCP Infrastructure Fund
33,000 ord 1p shares
GSK Plc
1,200 ord 31.25p shares
Ibstock Plc
5,782 ord 1p shares
International Public Partner Plc
26,000 ord 0.001 shares
Ishares III Plc
5,218 shares
J O Hambro Capital
11,952.192 units
Lancashire Holdings
1,480 ord 0.5 US$ shares
Lloyds Banking Group Plc
12,048 10p shares
Carried forward		 Market
Profit/(loss)
Profit/(loss)
Market
Cost b/f
value b/f Acquisitions
Disposals on disposal
on revaluation
value c/f
Cost c/f
145,980.23
153,147.00
0.00
7,380.10
-547.90
29,725.00
174,944.00 136,212.15
36,275.58
23,529.00
429.00
23,958.00
36,275.58
15,682.84
17,544.00
7,224.00
24,768.00
15,682.84
10,354.24
9,841.00
8,844.00
-997.00
28,553.80
29,120.00
4,160.00
33,280.00
28,553.80
39,803.91
48,319.00
7,905.00
56,224.00
39,803.91
15,114.71
16,625.00
3,060.00
19,685.00
15,114.71
10,491.91
8,555.00
8,922.07
367.07
10,182.51
942.49
11,125.00
10,182.51
302,257.22
306,680.00
10,182.51
25,146.17
-1,177.83
53,445.49
343,984.00 281,825.50

Page 10

GEOFFREY BURTON CHARITABLE TRUST

SCHEDULE OF INVESTMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Holding
Brought forward
Londonmetric Property Plc
4,859 ord 10p shares
M&G Plc
5,205 ord 5p shares
Morgan Stanley Fixed Income
1,250.165 units
Primary Health Properties Plc
28,000 ord 12.5p shares
Redwheel Funds
151.4859 units
Segro Plc
949 ord 10p shares
SSGA SPDR EFTS Europe
2,269 units
Standard Life Plc
3,520 ord 10p shares
Carried forward		 Market
Profit/(loss)
Profit/(loss)
Market
Cost b/f
value b/f Acquisitions
Disposals on disposal
on revaluation
value c/f
Cost c/f
302,257.22
306,680.00
10,182.51
25,146.17
-1,177.83
53,445.49
343,984.00
281,825.50
10,381.53
8,911.00
-92.00
8,819.00
10,381.53
12,584.83
10,332.00
3,826.00
14,158.00
12,584.83
27,000.00
27,341.00
50.00
27,391.00
27,000.00
24,369.95
26,264.00
-826.00
25,438.00
24,369.95
25,000.00
26,307.00
4,616.00
30,923.00
25,000.00
10,850.59
6,556.00
-446.00
6,110.00
10,850.59
13,667.09
14,890.00
2,695.00
17,585.00
13,667.09
24,831.83
20,117.00
3,766.00
23,883.00
24,831.83
450,943.04
447,398.00
10,182.51
25,146.17
-1,177.83
67,034.49
498,291.00
430,511.32

Page 11

GEOFFREY BURTON CHARITABLE TRUST

SCHEDULE OF INVESTMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Market Profit/(loss) Profit/(loss) Market Holding Cost b/f value b/f Acquisitions Disposals on disposal n revaluation value c/f Cost c/f Brought forward 450,943.04 447,398.00 10,182.51 25,146.17 -1,177.83 67,034.49 498,291.00 430,511.32 UBS AG 11,111 1.25% 15/12/25 9,610.00 10,814.00 11,111.00 297.00 £460,553.04 £458,212.00 £10,182.51 £36,257.17 -£880.83 £67,034.49 £498,291.00 £430,511.32

Page 12

GEOFFREY BURTON CHARITABLE TRUST

DONATIONS

FOR THE YEAR ENDED 31ST MARCH 2026

First Needham Scout Group
Food Museum
Listening Books
Macmillan Cancer Support
Meningitis Now
Oxygen Therapy Centre
Portable Defibrillator
Suffolk Owl Sanctuary		 3,721
2,000
1,000
2,000
2,000
1,500
989
1,000
£14,210

Page 13