DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST FINANCIAL STATEIVIENTS YEAR ENDED 31 MARCH 2025
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Contents Page Trust particulars Trnstees report Independent examinees report Statement of financial activities Balance sheet Notes relating to the financial statements 7-10
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST TRUST PARTICULARS YEAR ENDED 31 MARCH 2025 Trustccs Mrs J R Chcstcr Mrs L J Dunn MrGRDunn MrNADunn MrPMDunn MrRMDunn Indepcndcnt Exdmincr Cooper Pw Advisory Limited Sky View Argosy Road East Midlands Airport Caqile Donington Derby DE74 2SA Bankers National Westminster Bank plc Smiths Bank Branch 16 South Parade Nottingham NGI 3DT Solicitors Browne Jacobson LLP 44 Castle Gate Nottingham NGI 7BJ Stockbrokcrs Brcwin Dolphin Sccuritics Ltd 1st Floor Watcrfronl Housc Watcrfront Plaza 25 Station Sire¢t Nolliiigham NG2 3DQ Registered Charity Number 297389 Principal Address Tudor House 13 - 15 Rectory Road Wesl Bridgford Nottingham NG2 6BE
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST REPORT OF THE TRUSTEES Financial Statements The Trustees preqent their annual rep)rt and the financial staiements of the trust for the year ended 31 March 2025. The Trustees confimi that the annual report and financial statements of the charity comply with the rcquircments of thc charity's governing documcnt and thc provisions of the Statcment of Recommended Practice {SORP)'. Accounting and Reporting by Charities preparing their accounts in accordancc with thc Fillancial Rcporting Standard applicablc in thc UK and Rcpublic of Ircland (FRS 102) {effective l January 2015) (Charities SORP (FRS102)) and the Charities Act 2011. Constitution and principal #etivity Thc charity was cstablishcd by dccd on 16 March 1987 by A H Dunn. Thc dccd dirccts that thc charity's funds should bc uscd for such ChItabLe purp05C5 as thc tru5tces ill their absolute discrction consider fit. Statement of trustees, responsibilities The Trustees ale responsible for preparing Ilie trustee's report and the financial slalements in accordance with applicablc law and Unitcd Kingdom Accounting standd5 (United Kingdom Generally Acceptcd Accounting Practice). The Trustees are required lo prepare financial slalements for each financial year which give a true and fair l¢W of the affairs of the ¢harity and of the in¢oming reqources and application of resources of the charity for that period. In preparing those financial statements the trustees are required to.. sclcct suitablc accounting policics and thcn apply thcm consislcntly- observe the methods and principles in the Charities SORP 2015 (FRS102)' make judgements artd estimates that are reasonable and prudent; statc whcthcr applicablc accounting standards havc bccn followcd, subjcct to any matcrial dcpartures discloscd explained in the financial statcments- prepare the financial statements on the going Collcern basis unless it is inappropriate to assume that thc charity will continuc in opcration. Thc Trustccs arc rcsponsiblc for kccping propcr accounting rccords tl)at disclosc Th'ith rcasonablc accuracy at any timc thc financial position of thc charity and to cndblc thcm to cnsurc that thc financial stdtcmcnts comply with thc Charitics Act 2011, thc Charity (Accounts and Rcports) Rcgulations 2008 and trust dccd. They arc a150 rcsponsiblc for safcguarding the asscts of the charity and hencc for taking reasonable stcps for the prcvcntion and dctcction of fraud or oihcr iLT¥gulaiilies. Appointment of Trustees Ncw Trustees are appointcd by the cxistin¥ TLUStec5. Trustees, remuneratlon There were no fees or charges paid lo any Trustees in the year. Trustees review During the year the trustees awarded charit<ible donations cimounting to £105,250 (2024.. £87,500) aq detailed in Note 3. The incoming resourceq of the charity amounted to £58,359 (2024.. £58,764) and the excess of expenditure over income before accounting for changes to investments amounted to a deficit of £79,665 (2024.. deficit £60,462).
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST REPORT OF THE TRUSTEES Iconiinuedl Purpose and Aims The objective of the Charity is for the fundq to be u.qed for such charitable purposes a.q the trustee.q in their absolute discretion consider fit. DeliN'ering Public Benefit Our mail) aim is to makc donations to registered charities. The Tn]stees review the work of the charities nominated to receive the donations to ensure a public benefit will be achieved. Thc Trustccs confirm that thcy havc rcfcrrcd to thc guidancc containcd in thc Charity Commission's gcncral guidance on public bcncfit whcn rcvicwing thc Trust's aims and objcctivcs and in planning futurc activilics. In particular, thc Trustccs havc considcrcd how planncd activitlcs will contribulc to thc aims and objcctivcs sct. Ensurlng the alms are met In thc year under review the Tru51cc5 havc considcrcd and rcwiewcd a widc range of applications for charitable donations. The Trustees have made 32 (2024.. 31) donations to registered charities amounting to £105,250 {2024.. £87,500). Reserves policy The Trustees reserve the ability lo relain part of the trust's income for any year as part of ils reserves and not to distribute the whole of the unexpended income if in that year the Truslees do not identify sufficient recipieiits worthy of their support. Investment policy Inveqtmentq are held which are considered by the Trnstees to be appropriate in temis of both income generation and capital gmwth for the purpose of the Charity. Risk assessment The Trustee8 have considered the major risks to which the Charity i.q exposed and have reviewed those risks and established systems and procedures to manage those risks. The simplicity of the Charity and its structure leads the trustees to believe that there are no major risks to which thc charity is cxposcd. Signed by DoEuSiBn•d by. CB vr Trublee On behalf of the TLuslees 12 Novernber 2025 Date..
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST INDEPENDENT EMMII¥JER'S REPORT TO THE TRUSTEES We report to the Charity Trustees on our examination of the accounts of the Charity for the year ended 31 March 2025 which are set out on page8 5 to 10. Responsibilitie5 and basis of report As the Charity's Trustees you are responsible for the preparation of the accounts in accordance with the rcquircn]cnts of thc Charitics Act 2011 ('thc Act.). Wc rcport in rcspcct of our cxamination of thc Charity's accounts carricd out undcr scction 145 of thc Act and in carrying out our cAinatIon wc havc followcd all thc applicablc Dircctions givcn by thc Charity Commission undcr scction 145(5)(b) of thc Act. Independent examiner's statement We have completed our examination. We confinn that no material maltets have come to my attention in coniicction with the CAnination giving us causc to believe that in any material re5PCCt.' accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the a¢counts do not accord with those re¢ords; or the a¢¢ounls do not comply w'iih the appli¢abl¢ requirements ¢on¢eming ihe form aiid conlenl of aecoiintq set out in the Charities (Accounts and Reports) Regiilationq 2008 other than any requirement that the a¢counts give a 'true and fair view, which is not a matter considered as part of an independent examinationl- We have no concerns and have come across no other matters in connection 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. Cooper Parry Advisory Limited Sky Vicw Argosy Road East Midlands Airport Castlc Donin¥toii Derby, DE74 2SA 12 November 2025
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31.3.2025 Unrestricted Funds Year Ended 31 March 2025 Unrestricted Funds Year Ended 31 March 2024 Notes Income In'¢s1cnt income Intcrcst 56,854 1,505 57,L88 1,576 Total incomc 58,359 58,764 Expenditure Dire¢l charitable expenditure Investment Management Fees Management and adminislralion 105,250 16,689 16,085 87,500 15,627 16,099 Tolal expenditure 138,024 119,226 Net expenditure before other recognised gains and losses for the period {79,665) (60,462} Realised profitJ(loss) on disposal of investments Unrealised profit/(loss) on revaluation of investments 33,927 33,407 (18,905) 220,782 Net income l (expenditure) for the period being net movement in ft'unds (64,643) 193,727 Balancc broU1t forward at bcginning of pcriod 2,571,804 2,378,077 Balance carried forw'ard at end of period 2,507,161 2,571,804 All of the above results are derived from continuing activities. All gains and losses recognised in the year are in¢liided above.
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST ST BALANCE SHEET AS AT 31 MARCH 2025 31 March 2025 31 March 2024 Notes FIXED ASSETS Invc5tmentS 2,503,497 2,569,167 CURRENT ASSETS Cash at bank 21,423 7,723 21,423 7,723 CURRENT LIABILITIES Creditors Accruals (15,000) (2,759) (5,086) (17,759) (5,086) NET CURRENT ASSETS 3,664 2,637 2,507,161 2,571,804 UNRESTRICTED FUINDS Capital Fund Undistributcd incomc 979,454 1,527.707 979,454 1,592,350 2,507,161 2,571,804 The financial statcn]ents wcrc approved by thc ttustec5 and Signed on thcir behalf by.. ODcvS*n•d by.. gBA4UA5 JR Chester S•d by.. TtsEM1giJcDJ'" . LJ Dunn Date.. 12 November 2025 12 Novernber 2025
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST I¥JOTES RELATING TO THE FINANCIAL STATEMENTS Year ended 31 March 2025 Accounting policies Basi5 of Accounting The Dunn Family Charitable Trust (the charity) is a registered unincorporated charity in the United Kingdoin. Thc addrcss of thc rcgistcrcd officc is givcn in thc charity intormation on pagc l of thcsc financial statcincnt5. Thc naturc of thc charity's opcration and principal actiVLtics is to gcncratc incomc through its invcstmcnts and distributc thc incomc via thc making of grants. Thc charity constitutcs a public bcncfit cntity as dcfincd by FRS 102. Thc financial statcmcnts havc bc¢n prepared in accordancc with Accounting Rcporting by Charitics.. Statcmcnt of ReLommeiided Practicc &ppliLablc to Lharitics preping Ihcir aLcuunts in aeLoidanLe with the Financial Reporting Standard applicable in thc UK Republic of Lrcland {FRS 102} issucd on 16 July 2014, the FinanLial Reporting Standard applicable in the United Kingdom and Republic of Lreland {FRS 102), thc Charitics Act 2011 dnd UK Gcncrally Acccptcd Accouiiting Praclicc a5 it applies from l January 2015. The financial statements are prepared on a going ¢oncem basis under the historical cost convention, modified to include ¢¢rtain items at fair value. The financial statements are prepared in sterling liich is the functional currency of the charity. The qignificant accounting policies applied in the preparation of these financi<i18tatemenls are sel out below. These policies have been consi.qtently applied to all yearq presenied unless othenvise stated. Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the genernl objectives of the charity and which have not been designated for ally other purpose. Incoming resource5 All incoming rcsourccs arc rccogniscd oncc thc charity has cntitlcmcnt to thc rcsourccs, it is certain that the rcsources will bc received and the monetary value of incoming resources can be mcasurcd Thith sufficicnt rcliability. Re50urce5 expended All expcnditurc is dccountcd foi on an accrua15 basi5 and has bccn cldS5ified undcr hcadings that aggrcgatc all costs rclatcd lo thc catcgory. Expet)dilure on management and adminislralion Costs comprises all costs incurred in running the charity and Lompliancc with constitutional and stalulury rcquirements whiLh Lannot be dir¢ctly allocated to the charity's principal activity.
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARITABLE TRUST I¥JOTES RELATING TO THE FINANCIAL STATEMENTS Year ended 31 March 2025 Accounting policies (eonlinued) Investments IeStMentS are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subscqucntly, thcy arc mcasurcd at fair valuc with changcs rccogniscd in 'nct gain{108Ses) on investments. in the SOFA. Realised gains and losses are calculated as the diffcrcncc bctwccn salc procccds and original cost. Quotcd invcstmcnts havc Cll statcd at markct valuc at 31 March 2025. Thc cost of invcstmcnts at 31 March 2025 was £2,091,926 (2024.. £1,948,193). Thc statcmcnt of financial activitics includes the net gain5 and losses arising on rcvalualions and disP05als throughoul the year. All investments are held in the UK. The total market value al 31 March 2025 amounting to £2,503,497 was made up as follows.. Equities & Bonds Inveqtment & Unit Trust Inter¢st Bearing Dew)sil ac¢ounl 2,072,203 390,513 40,781 2,503,497 82.8 15.6 100.0 Investment income 2025 2024 Interest and Dividends on Equities. Trusts & investment funds Accumulation Units & Stock Dividends 55,152 1,702 55,615 1,573 56,854 57,188
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARIT ABLE TRUST NOTES RELATING TO THE FtNANCIAL STATEMENTS Year ended 31 March 2025 3. Analysis of resources expended Direct charitable expenditure Year ended 31 March 2025 Year ended 31 March 2024 DONATIONS: Oakcs Trust Nottingham Multiplc Sclcrosis Thcrapy Ccntrc Ltd St Lukc's Hospicc Support Dogs Young Livcs vs Canccr Macmillan Canccr Support Noltinghdmshiic Hospicc Pctcr Lc Marchant Trust Friary Diop-in Limitcd PASIC {Parcnts Assn for Scriously Ill Childrcn) RSPB Wesl Bridgford Shopmobilily Rainbow Children's Hospive Nollinghamshire Wildlife Trust RNLI (Wells-next-the-sea) Tearfund UFM Worldwide Fulwood PCC Trent Bridge Rotary Club Notts Scout Advenrllre SOS Animal Mallorca Cathedral Archer Project Sheffield Soup Kitchen Crackerjacks Children's Trust Grantham Canal Water Restoration Group BrIl Idcas for Tcnnis Shetyield Flourish Grantham Tcnnis Club British Hcart Foundation Work Ltd Nottingham High School Bclvoir Crickct Club ST 6,750 5,000 5,250 3,000 2,000 3,000 3,000 3,000 4,000 3,000 1,250 3,000 1,500 1.250 2,500 500 750 4,000 5,000 20,000 1,000 3,750 1,500 1,750 2,000 1,500 6,750 5.000 5,250 3,000 3,500 3,000 3,000 3,000 4,000 3,000 1,250 3,000 1,500 1,250 2,500 500 750 4,000 5,000 2,250 1,000 3,750 1,500 1,750 2,000 1,500 1,000 2,000 3,000 3.500 5,000 2,000 3,000 3,500 5,000 1,000 1,500 TOTAL £105,250 £87,500 4. Management and administration Ac¢ounlancy Inveqtment management fees Management feeq Profesqional & Adminiqtrative Fees 1,050 16,689 15,000 35 1,050 l5,627 15.000 49 £32,774 £31,726 The Independent Examiner's remuneration constituted an examination fee of £1,050 (2024.. £1,050)
DoGusign Envelope ID.. 33A10FAC-F9744EE2-9E41-EBA53EAE9699 DUNN FAMILY CHARIT ABLE TRUST NOTES RELATING TO THE FtNANCIAL STATEMENTS Year ended 31 March 2025 5. Realised profit on disposal of investments 2025 2024 Sale proceeds Market value 814,038 531,041 (780,111) (497,634) Profitl{loss) on disposal of illvcstmcnts 33,927 33,407 6. Summary of investments (Deflelt)I Market Market Surplus Value at Value at on 31.03.24 31.03.25 revaluation Cost at 31.03.24 Addition5 Disposa15 Cost at 31.03.25 Equities & Bond5 Investment & Unit Trust Interest Bearing Dep Alc 1,509,641 371,041 67,511 731,753 28,322 508,709 80,903 26,730 1.732,685 2.022,514 2,072,203 133,703) 318,460 479,142 390,513 14.798 40,781 67,511 40,781 Total Miinaged By Brewin Dolpliin 1,948.193 760,075 616,342 2,091,926 2,569.167 2,503.497 (18.9051 7. Creditors and accruals 2025 2024 Creditors Accruals 15,000 2,759 5,086 17,759 5,086 8. Unrestricted funds Surplus Income Capital Total Balancc brought forward at l April 2024 Nel Incomin{oUtgOIllg) rc50urccs before gains on Invc5tsncnt assc15 Gains1{10sscs) oil invcstmcnl a5scIs'. Realised Untcdlised on revaluation 979,454 1,592,350 2,571,804 (79,665) {79,665) 33,927 33,927 (18,905) (18,905) Balance carried forw'ard at 31 March 2025 979,454 1,527,707 2,507,161 Original capital represents Ihe original alue of the shares when the Trust was established. 9. Reloted Party Transactions In the year under review Rushcliffe Estates Limited raised a management charge of £15,000 (2024.. £15,000) due for administrative work performed by them on behalf of the Trust. Mr N A Dunn, J R Chester and Mrs L J Dunn are shareholders and/or directors of Rushcliffe Estates Limited and Trustees of the Durm Family Charitable Trust. 10