**REGISTERED COMPANY NUMBER: 02156182 (England and Wales) REGISTERED CHARITY NUMBER: 299059** **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR MAYFIELD HOME TRUST LIMITED** Xeinadin South Wales & West Ltd 701 Stonehouse Park Sperry Way Stonehouse Gloucestershire GL10 3UT **MAYFIELD HOME TRUST LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ||Page| |---|---| |Chairman’s Report|1| |Report of the Trustees|2 to 5| |Independent Examiner's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8 to 9| |Statement of Cash Flow|10| |Notes to the Statement of Cash Flow|11| |Notes to the Financial Statements|12 to 17| |Detailed Statement of Financial Activities|18 to 19| |Investment Schedule|20| **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **CHAIRMAN’S REPORT FOR THE YEAR ENDED 31 MARCH 2025** We have experienced a busy year and certain important aspects to report here. Firstly, let me express a huge thank-you to Ann Greaves who had been our Chair for many years, and guided and led the Trust successfully through some very significant and challenging changes. It is good that Ann still remains as one of our valued Trustees. With that change, to welcome into post as Vice Chair Keith Stannard, whose support is very much appreciated. We have also welcomed as Trustees Rachel Spyvee and Alison Tuck and already appreciating their inputs; and sad to have to note the resignation of Jane Hey for health reasons. Lastly, but not least, to thank our Company Secretary Angie Wilton for the ongoing full level of support that she provides for us. On the financial aspect of the Trust, this has been a challenging year with the markets where our funds are invested experiencing unpredictable times. Inflation of course has been high, and this is having an impact of the costs of support-items which we wish to provide, but of course has a concern of the real value of the Trust’s funds over the longterm. We do monitor this as we work through some difficult times. It has though been good that both managers - CCLA and Schroders (Cazenove) - of our investments have been able to provide a very stable ongoing income as this of course is our ability to continue our support in a similar vein. A number of us were able opportunity to attend an update session from CCLA, one of these key providers of that stability for us. On the accounting front, to thank Magda Williams for her support over a number of years at our accountants, Xeinadin, and to welcome her replacement, Emily Kidner. We are though currently considering a move for our current account to a new provider in order to save on expensive monthly account fees. Such move has been approved by the Trustees, and we are in the process of trialling very soon this aspect for us. We continue to review our operating policies on an ongoing basis, with a regular rota. On the application front - clearly the support kernel for us - it is clear of course that families are seeing significant financial pressures and this then does work through to the demands we are seeing. The other aspect that is causing additional pressure is the significant delays that are happening on the whole local ECHP approval process, meaning that we are often receiving applications for individuals whose application is still under review and their status is not clear. We are having on occasions to use our judgement as to whether certain applications are within the strict scope of our charter as clearly, in our view, there are some very deserving and needy application cases we received. We have also been able to make certain changes in the manner which we can consider and manage applications where hopefully we can reduce our costs and also simplify the processes somewhat – considering the recommendation not to supply gas cookers due to significant costs of necessary gas checks; investigating ways to avoid some applicants causing unnecessary work and costs by failing to respect agreed item delivery schedules; reviewing carefully instances where we have multiple applications for different persons but from within the same family. Derek Rogers Chairman 2025 Page 1 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025 under the Companies Act 2006 and the Charities Act 2011. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' in preparing the annual report and financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 02156182 (England and Wales) ## **Registered Charity number** 299059 ## **Registered office** 701 Stonehouse Park Sperry Way Stonehouse Gloucestershire GL10 3UT ## **Principal address** Pound House The Ryelands Randwick Stroud Gloucestershire GL6 6HQ ## **Trustees** Mr D B Rogers Mr K R Stannard Mrs A Greaves Mrs M A Herbert Mr R M Hollick Mrs H Lambert Mrs L Perkins Mrs C M Thompson Mrs J Hey Mrs R Spyvee Mrs A Tuck - Chairman - Vice chairman - Appointed 25[th] April 2024 - Resigned 23[rd] January 2025 - Appointed 24[th] April 2025 - Appointed 24[th] April 2025 ## **Company Secretary** Mrs A S Wilton Page 2 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **REPORT OF THE TRUSTEES** **FOR THE YEAR ENDED 31 MARCH 2025** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Independent examiner** Mr M Aldridge Xeinadin South Wales & West Limited 701 Stonehouse Park Sperry Way Stonehouse Gloucestershire GL10 3UT ## **Solicitors** Davies and Partners Rowan House Barnett Way Gloucester GL4 3RT. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Charity (number 299059) is a charitable company limited by guarantee (number 02156182) and was incorporated on 21 August 1987. It is governed by the Memorandum and Articles of Association. The Articles of Association were amended on 19 January 2005. In the event of the company being wound up members are required to contribute an amount not exceeding £100. The charity operates from Pound House, The Ryelands, Randwick, Stroud, Gloucestershire, GL6 6HQ. The registered office of the charitable company is shown on page 2. ## **Recruitment and appointment of new trustees** The directors of the company are also charity trustees for the purposes of charity law. Every person who wishes to be a director shall deliver an application for membership in such form as the Board requires. All applications for membership may be approved or rejected by the Board and no person shall be admitted to be a member of the company unless their application is approved by the Board. The number of directors shall not be less than three and not more than twelve. Directors retire by rotation but are eligible to offer themselves for re-election. ## **Induction and training of new trustees** A formal handbook covering the Charity's background, operational framework and its objectives is in place and is distributed to all new trustees along with the latest financial statements. ## **Organisational structure** The organisational structure of the Charity is such that long term strategic decisions are made during regular board meetings attended by the directors and the company secretary. Page 3 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Risk management** The Trustees acknowledge their responsibility to assess and mitigate the major risks to which the Charity is exposed. The Trustees have conducted a review of the major risks to which the Charity is exposed and, where appropriate, systems or procedures have been established to mitigate those risks. Internal control risks are minimised by the implementation of procedures for authorisation of transactions. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The principal activity of the Charity in the year under review was that of providing charitable grants in accordance with the Charity's objects. The current objects of the Charity are to support, from time to time, individuals with learning disabilities, or families with a member who has learning disabilities within the county of Gloucestershire. ## **Statement on Public Benefit** The Trustees are aware of the Public Benefit provisions of the Charities Act 2011 and of the guidance on them published by the Charity Commission. They are satisfied that the objects of the Charity and the activities of the Charity are within the definitions of Charitable Purposes as set down in the Act. The Trustees are not aware of any public detriment caused by the Charity's objects or activities, and nor are they aware of anyone receiving private benefit from the Charity's activities. ## **FINANCIAL REVIEW** ## **Reserves policy** The Charity is a grant making company and its income generating assets are, therefore, held as investments and cash deposits. The Board of Trustees applies the income derived to giving grants in accordance with the objects of the company. In any given year, a surplus or deficit on net resources will arise; its size will fluctuate and be dependent on the timing of grant payments made. ## **Incoming resources** The main source of income during the year was that of interest received on bank balances and dividends received on investments. The total income for the year was £88,454 (2024: £87,689). ## **Investment policy and objectives** The investment objective is to balance income and capital returns. The assets should be managed to at least maintain the real capital value whilst generating a level of income to support the charitable activities. An investment policy statement is in place to provide a framework for the management of its assets. It is reviewed on an annual basis to ensure its appropriateness. Page 4 ## **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 MARCH 2025** ___________________________________________________________________________________ ## **STATEMENT OF TRUSTEES RESPONSIBILITIES** The Trustees (who are also the directors of Mayfield Home Trust Limited for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland. (FRS 102) (effective 1 January 2019) the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities and with the Charities Act 2011. Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to; - Select suitable accounting policies and then apply them consistently, - Observe the methods and principles in the Charity SORP, - Make judgements and estimates that are reasonable and prudent, - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the Board of Trustees on 18 December 2025 and signed on its behalf by: ............................................. Mr D B Rogers - Trustee Page 5 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **Independent Examiner’s report to the trustees of Mayfield Home Trust Limited (‘the Company)** I report to the Charity Trustees on my examination of the financial statements of the Company for the year ended 31 March 2025 set out on pages 7 to 17. ## **Respective responsibilities of trustees and examiner** The Charity's Trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act). The Charity's Trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. Having satisfied myself that the Company is not subject to audit under company law under Part 16 of the 2006 Act and is eligible for independent examination, it is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## **Basis of the Independent Examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 you as 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 statements below. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act, or 2. the accounts do not accord with those records, or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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, or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in UK and Republic of Ireland (FRS 102)). I 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. Mr M Aldridge Xeinadin South Wales & West Limited 701 Stonehouse Park Sperry Way, Stonehouse Gloucestershire GL10 3UT Date: 2025 Page 6 ## **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31 MARCH 2025** |Unrestricted
fund
Notes
£
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Investment income
2
88,454
**Total incoming resources**
88,454
**RESOURCES EXPENDED**
**Charitable activities**
3
Grants
86,750
Support costs
19,229
**Total resources expended**
105,979
**NET INCOMING/(OUTGOING) RESOURCES**
(17,525)
**Other recognised gains/(losses)**
Gains/(losses) on investment assets
(131,785)
**Net movement in funds**
(149,310)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
2,722,726
**TOTAL FUNDS CARRIED FORWARD**
2,573,416|Restricted
fund
£
-
-
-
-
-
-
-
-
29,924
29,924|2025
Total funds
£
88,454
88,454
86,750
19,229
105,979
(17,525)
(131,785)
(149,310)
2,752,650
2,603,340|2024
Total funds
£
87,689
87,689
66,122
18,206
84,328
3,361
181,913
185,274
2,567,376
2,752,650| |---|---|---|---| All incoming resources and resources expended arise from continuing activities. The notes form part of these financial statements Page 7 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **BALANCE SHEET** ## **AT 31 MARCH 2025** |Unrestricted
fund
Notes
£
**FIXED ASSETS**
Investments
6
2,526,102
**CURRENT ASSETS**
Prepayments and accrued income
7
11,961
Cash at bank
47,986
59,947
**CREDITORS**
Amounts falling due within one year
8
(12,633)
**NET CURRENT ASSETS**
47,314
**TOTAL ASSETS LESS CURRENT LIABILITIES**
2,573,416
**NET ASSETS**
2,573,416
**FUNDS**
9
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
-
29,924
29,924
-
29,924
29,924
29,924|2025
Total funds
£
2,526,102
11,961
77,910
89,871
(12,633)
77,238
2,603,340
2,603,340
2,573,416
29,924
2,603,340|2024
Total funds
£
2,660,859
11,749
99,058
110,807
(19,016)
91,791
2,752,650
2,752,650
2,772,726
29,924
2,752,650| |---|---|---|---| The notes form part of these financial statements continued... Page 8 MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 021561821 BALANCE SHEET- CONTINUED AT 31 MARCH 2025 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not ￿qUired the charitable company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The Trustees acknowledge their responsibilities for (al ensuring that the charitsble company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and Ibl preparing financial statements which give a true and fair view of the state of affairs of the charitsble company as at the end of each financial year and of its surplus or deficit for each linancial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companie5 Act 2006 relating to tinancial statements, so far as applicable to the charitable companv. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies, regime. The financial statements were approved by the Board of Trustees on 18 December 2025 and were signed on its behalf by-. Mr D B Rogers -Trustee Mr K R Stannard Trustee The notes form part of these financial statements Page 9 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **STATEMENT OF CASH FLOW** ## **FOR THE YEAR ENDED 31 MARCH 2025** |Notes
**Cash flows from operating activities**1
Cash generated from operations
Net cash provided by/(used in) operating activities
**Cash flows from investing activities**
Sale of fixed asset investments proceeds
Interest received
Net cash used in 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
£
(24,421)
(24,421)
2,898
375
(21,148)
(21,148)
99,058
77,910|2024
£
2,775
2,775
2,875
365
6,015
6,015
93,043
99,058| |---|---|---| Page 10 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **NOTES TO THE STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31 MARCH 2025** ## **1. RECONCILIATION OF NET (OUTGOING)\INCOMING RESOURCES TO NET CASH (OUTFLOW)/INFLOW FROM OPERATING ACTIVITIES** |2025
£
Net (outgoing)/incoming resources
(17,525)
Interest received
(375)
Realised gains on sale of investments
-
(Increase)/Decrease in debtors
(138)
Increase/(Decrease) in creditors
(6,383)
**Net cash inflow/(outflow) from operating activities**
(24,421)
**2.**
**ANALYSIS OF CASH FLOWS FOR HEADINGS NETTED IN THE CASH FLOW STATEMENT**|2024
£
3,361
(365)
-
(314)
93
2,775| |---|---| |**Returns on investments and servicing of finance**
Interest received
**Net cash inflow for returns on investments and servicing of finance**|2025
£
375
375|2024
£
365
365| |---|---|---| ## **3. ANALYSIS OF CHANGES IN CASH AND CASH EQUIVALENTS** ||At 1 April 2024|Cash flow At 31March|Cash flow At 31March| |---|---|---|---| ||||2025| ||£|£|£| |Net cash:|||| |Cash at bank|99,058|(21,148)|77,910| |Total|99,058|(21,148)|77,910| Page 11 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparation** The financial statements of the charitable company, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102) ‘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 (FRS102) (effective 1 January 2019), Companies Act 2006 and with 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 revaluation of certain assets. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** 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 is 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 activities on a basis consistent with the use of resources. 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 corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. There were restricted funds applied during the year 2025. ## **2. INVESTMENT INCOME** |Dividends
Interest on fixed deposit
Deposit account interest|2025
£
87,131
948
375
88,454|2024
£
86,492
832
365
87,689| |---|---|---| The investment income from CCLA Investments was received after deduction of the annual management fees charged at the rate of 0.88% on the value of the fund. The fees accrue monthly and are based on a fixed percentage of the value of the fund at the previous valuation. The total amount of estimated fees deducted during the year to 31 March 2025 was £14,628. This page forms part of the statutory financial statements Page 12 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025** ## **3. CHARITABLE ACTIVITIES COSTS** |**Grants**
Computer equipment
Educational
Furniture and white goods
Toys and equipment
Trips and activities
Medical
Salary
**Support costs**
Accountancy
Investment management fees
Postage and stationery
Advertising and website
Travel and meeting costs
Insurance
Bank charges
Administration assistance costs
Subscriptions and other sundries
**Total expenditure**||2025
£
2,486
1,320
18,011
29,682
33,485
1,766
-
86,750
2,406
2,967
426
1,010
374
628
360
10,959
100
19,230
105,980||2024
£
8,940
1,620
19,255
9,397
15,502
5,468
5,940| |---|---|---|---|---| |||||66,122| |||||2,280
2,803
427
1,010
473
639
361
10,156
57
18,206
84,328| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** No remuneration or other benefits were paid to Trustees during the year ended 31 March 2025. ## **Trustees' expenses** Total reimbursed expenses of £75 were claimed by the trustees during the year ended 31 March 2025. ## **5. STAFF COSTS** There were no persons employed by the Charity during the year. Other costs were: ||2025|2024| |---|---|---| ||£|£| |Administration and secretarial fees|10,959|10,156| This page forms part of the statutory financial statements Page 13 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025** ## **6. FIXED ASSET INVESTMENTS** |Listed stocks and shares
Fixed deposits|2025
£
2,525,849
253
2,526,102|2024
£
2,660,532
327
2,660,859| |---|---|---| Additional information as follows: |CCLA
Charities
fund
£
**MARKET VALUE**
At 1 April 2024
1,690,119
Additions
-
Disposals
-
Unrealised gains/(losses)
(78,746)
As 31 March 2025
1,611,373
**NET BOOK VALUE**
At 31 March 2025
1,611,373
At 31 March 2024
1,690,119
There were no investment assets held outside the UK.
Cash held on capital account not yet invested was as follows:
Cazenove capital account
**7.**
**PREPAYMENTS AND ACCRUED INCOME**
Prepayments and accrued income|Cazenove
Fund
£
970,413
-
(2,018)
(53,919)
914,476
_914,476
970,413
2025
£
253
2025
£
11,961||Totals
£
2,660,532
-
(2,018)
(132,665)
2,525,849
2,525,849
2,660,532
2024
£
327
2024
£
11,749| |---|---|---|---| ||||| ||||| ||||| This page forms part of the statutory financial statements Page 14 ## **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025** ## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |---|---|---| |Accruals and deferred income
Grants outstanding|2025

£
2,435
10,198
12,633|2024
£
2,321
16,695| |||19,016| ## **9. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**Restricted funds**
Denise Brookes’ Fund
**TOTAL FUNDS**|At 1 April
2024
Net
movement in
funds
£
£
2,722,726
(149,311)
29,924
-
2,752,650
(149,311)|At 31 March
2025
£
2,573,415
29,924
2,603,340| |---|---|---| Net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|88,454|(105,980)|(131,785)|(149,311)| |**Restricted funds**||||| |Denise Brookes’ Fund|-|-|-|-| |**TOTAL FUNDS**|88,454|(105,980)|(131,785)|(149,311)| This page forms part of the statutory financial statements Page 15 ## **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025** ## **9. MOVEMENT IN FUNDS 2024 COMPARATIVES** |**Unrestricted funds**
General fund
**Endowment funds**
Denise Brookes Fund
**TOTAL FUNDS**|Net
movement
At 1 April in funds At
2023
£
£
2,537,452
185,274
29,924
-
2,567,376
185,274|
At
31 March
2024
£
2,722,726
29,924
2,752,650| |---|---|---| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Endowment funds**
Denise Brookes Fund
**TOTAL FUNDS**|Incoming
resources
£
87,689
-
87,689|Resources
expended
£
(84,328)
-
(84,328)|Gains and Movement
losses
in funds
£
£
181,913
185,274
-
-
181,913
185,274| |---|---|---|---| This page forms part of the statutory financial statements Page 16 **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025** ## **9. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**Endowment funds**
Denise Brookes Fund
**TOTAL FUNDS**|At 1 April
2023
£
2,537,452
29,924
2,567,376|Net
movement

in funds
£
35,963
-
35,963|
At
31 March
2025
£
2,573,415
29,924
2,603,340| |---|---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Endowment funds**
Denise Brookes Fund
**TOTAL FUNDS**|Incoming
resources
£
176,143
-
176,143|Resources
expended
£
(190,308)
-
(190,308)|Gains and Movement
losses
in funds
£
£
50,128
35,963
-
-
50,128
35,963| |---|---|---|---| ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2025. ## **11. CONTROL OF THE COMPANY** This is a charitable company limited by guarantee, which is run by the Board of Directors. This page forms part of the statutory financial statements Page 17 ## **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** |**INCOMING RESOURCES**
**Investment income**
Dividends
Interest on fixed deposit
Deposit account interest
**Total incoming resources**
**RESOURCES EXPENDED**
**Charitable activities**
Grants
**Support costs**
**Management**
Accountancy
Investment management fees
Printing postage and stationery
Advertising and website|2025
£
87,131
948
375
88,454
88,454
86,750
2,406
2,967
426
1,010
6,809|2024
£
86,492
832
365| |---|---|---| |||87,689| |||87,689
66,122
2,280
2,803
427
1,010
6,520| This page does not form part of the statutory financial statements Page 18 ## **MAYFIELD HOME TRUST LIMITED (REGISTERED NUMBER: 02156182)** ## D **ETAILED STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31 MARCH 2025** |**Finance**
Insurance
Bank charges
**STAFF COSTS**
Administration and company secretary fees
**Other**
Sundry
Subscriptions
**Total resources expended**
**Net (expenditure)/income before gains**
**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset
investments
**Net income/(expenditure)**||2025
£
628
360
988
10,959
374
100
474
105,980
(17,525)
-
(17,525)||2024
£
639
361
1,000
10,156
473
57
530
84,328
3,361
-| |---|---|---|---|---| |||||3,361| This page does not form part of the statutory financial statements Page 19 ## **Mayfield Home Trust Limited 31st March 2025 Investment Schedule** **----- Start of picture text -----**
As at 1 April 2024 Acquisitions/(Disposals) As at 31 March 2025
Dividends to
Number of Number of Cost / Number of Unrealised gain 31st March
units Book cost Date units (Proceeds) Gain / (Loss) units Cost Market Value / (loss) 2025
CCLA CHARITIES INVESTMENT FUND 82,716.81 733,000 82,716.81 733,000 1,611,373 878,373 46,239
INCOME UNITS
CAZENOVE CAPITAL MANAGEMENT 1,699,200 672,706 24-Apr-24 - 5,098 - 2,898 880 1,694,102 670,688 914,476 243,788 40,893
MULTI-ASSET FUND 880
1,405,706 - 2,018 880 1,403,688 2,525,849 1,122,161 87,131
**----- End of picture text -----**
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