THE EDDLESTON SETTLEMENT
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 REGISTERED CHARITY NO 299574
JCS Accountants Ltd 5 Robin Hood Lane Sutton, Surrey SM1 2SW
1
THE EDDLESTON SETTLEMENT
INDEX
| Page | |
|---|---|
| Charity information | 2 |
| Trustees’ report | 3 - 4 |
| Independent examiner’s report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 - 10 |
2
THE EDDLESTON SETTLEMENT
CHARITY INFORMATION
TRUSTEES
Mary Ann Eddleston Michael Eddleston
PRINCIPAL OFFICE
27 Kings Lane Sutton Surrey SM1 4NY
BANKERS
Lloyds TSB Bank PLC 49-53 High Street Sutton Surrey SM1 1DT
INDEPENDENT EXAMINER
JCS Accountants Ltd 5 Robin Hood Lane Sutton, Surrey SM1 2SW
3
THE EDDLESTON SETTLEMENT
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2025
The trustees present their report together with the financial statements of the charity for the year ended 31 December 2025. The financial statements have been prepared in accordance with the accounting policies set out on pages 8 and 9 and comply with the trust deed of the charity and have been prepared in accordance with the Charities Statement of Recommended Practice 2019 issued by the Charity Commission and Financial Reporting Standard 102.
GOVERNANCE
The charity is governed in accordance with its Trust Deed dated 21 January 1987.
OBJECTIVES
The charity supports general charitable purposes for the benefit of the general public and mankind by making grants to individuals and organisations.
ACHIEVEMENTS
During 2025, the charity was able to continue to make gifts to support various causes including medical and educational establishments.
RESERVES POLICY
The trustees have considered carefully the issue of reserves. The charity is in the fortunate position that it has no contractual obligations, making grants only as considered appropriate.
INVESTMENT POLICY
Investment policy is reviewed as necessary.
RISK ASSESSMENT
The trustees again considered carefully the possible risks associated with the operation of the charity. In their view these remain minimised by actions already taken.
PUBLIC BENEFIT
The trustees have had regard to the Charity Commission’s guidance on public benefit when reviewing the charity’s activities for the year.
REVIEW OF THE PERIOD AND FUTURE PROSPECTS
Funds have continued to be invested predominantly in fixed income securities to achieve a satisfactory level of investment income.
The reserves of the charity were £665,214 (2024: £644,674) at the end of the period. The trustees regularly review the level of reserves held by the charity and are satisfied that they are appropriate to its current circumstances.
In the view of the trustees, the charity’s future is likely to be similar to that of the past.
THE EDDLESTON SEMEIIEIIT YEAR ENDED 310ECEM8ER 2025 sTATEMT0P TRUSTEES. RESPO148 affairs ofthe ¢hanty oftr% irKm oTrJ tharty frthal penod In prepwry those finwal stalerrents ts truslees shoukj.. folrMd. $ut4edto any d8pwIw8 dd¢S&j aThJexFdW n Ihe state3.. charty wll untrue m ewsienee. tili the flnanc4al posrti ol Ihe and enaNe Ilm lo ensurè the finar4Jal statemerrt$ fxxnplywlh tl quirements ol ChaM*skl 2011. TW we aLqO respMst4e knsafeTh4wttiNJ assets ol the chaity •Thl Trustee Dale. 8 2026
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE EDDLESTON SEMEMENT en(Je4J 31 Dnter72S as 8etout r•Jè$ 6 10. R•sponslbMltkns and basls crfrewt As the Charity's Irustees. you are responsible for th8 prepar8tKJn of the 8ccount$ in 8c(x)rdancè with thtr quinThnts ofthe Chariti8s Act 2011 2011 A£fi. YINJ are sats"sfi&J Ihat the acc(MJnts c4 the Charfy are not uired by chanty tts t avdrted aThJ have chosen instead lo have an independenteManNnation. I r?rt in r8SFed of my eyaminat Chwty's xcwnts out under wlirm 145 olthe 2011 Act and In c¥ryirKJ ry exaninalion, I haveft•d al DYwYi)ns tha Clwty CornnsKIn und tion 14515llbl ol the 2011 Act. An indèpendènt examinaln dces nol invokn 41 Iho lh wojld bè roquirod in an audit 8nd cOnsequenY (be5 tc0ver al Ihe rnatt$ that ) aLK1itor conshjws giVMW thw opinth on the accounts. The F48nning and of an audrt gces beycffid fv lynw thot an WKlep&vJeni èxamination ean prov$. Cons8quentJy l extw rm) 8510 %th8th8rtr &cou)ts Iru8 la and my report o lunited tg thos8 matters sel outin the IndepeTrkntexaminer'$ $tat¢wt. I have compl•téd my •xaminatson. I ccnfimi thai no m•¢trs h•v• ¢Oft to my attentbn In ec4)n•don with th• •xaminalion which 9ives m¥ ¢au$ lo b8li•v8'. aCntry I(1$ Thxkept il vAlh6th 1XI crfthe 2011 Art the accounts do nol¢cmpty wth the appk4 requirements corteming Ihe fom and content ol nts sèi oul n the CharAs 8n¢J Repytsl RegubtkS 2008 otherlhan Y requirgmonl Ihal the accounls arJ W vthwhth A noL8 matter fxrnx1e as pwtofan irvjeperthnt exarnin3tion', or Ihexcounts h8ve ncA bean FY•pwJ fvi 8Cttrfdwth the rn8thc4ts8TrJ prir¢¥4e5 dthe Stalernenl of RMM6Je acuuntiThJ reporting by Chan1 applcable lo Charit yeparing their acThwntg in accordarK8 th thè Fw)anrJal SlaThJwd awAiGgble UK Rgpublic of Ir8land IFRS 1021. I have ro C¢$mS and have ccrn au05s noother matters in rmrwbon Iha oxaminats'ort10 whiGI att8nts.on should be dravm in thi8 reportin udwto ofiab a proper understanding ofthe accountsto be reached. Mlriam Hthon FCA CTA JCS Accountants Ltd S R¢*in Hrjyl Lane Sutton. Surrey SM12SW 2q J{AL 2oZ&
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THE EDDLESTON SETTLEMENT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2025
| Note Income from: Investments: Income from fixed return investments Bank interest Total income Expenditure on: Raising funds: Investment management costs Charitable activities: Grants 2 Other: Independent examination Printing , postage & stationery Total expenditure Net gains/(losses) on investments Net income/(expenditure) Net movement in funds Reconciliation of funds Funds brought forward at 1 January 2025 Funds carried forward at 31 December 2025 |
Total 2025 Total 2024 £ £ 33,958 36,298 475 2,784 |
|---|---|
| 34,433 39,082 |
|
| 144 144 45,500 40,000 990 642 160 26 |
|
| 46,794 40,812 |
|
| 32,901 (2,874) |
|
| 20,540 (4,604) |
|
| 20,540 (4,604) 644,674 649,278 665,214 644,674 |
THE EDDLESTOW SEfTLEIAENT 8ALAtICE SHEET ASAT31 DECEM8£R 202S 2024 Fl¥•d Investrwrts 619.7 517.212 Cath ai Dafik_ LW 8¥ Cuh •t bwk. StOthbrtef 1.7aS 45,221 127,052 47.(h)7 670 46.OJ7 127,162 ToiAI M••¢• l•w ¢uMnt IWIlNU•• .214 644.674 N•¢ M••t• 655.214 Fund• UNe511¢rt 5.214 884 674 es.214 884 674 MAEddknsl<Yb
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THE EDDLESTON SETTLEMENT
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
1 ACCOUNTING POLICIES
The Eddleston Settlement is an unincorporated charity registered in England and Wales. The principal office is 27 Kings Lane Sutton Surrey SM1 4NY
(a) Accounting convention
The accounts have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”, “Accounting and Reporting by Charities” the Statement of Recommended Practice 2019 for charities applying FRS 102, the Charities Act 2011, and Generally Accepted Accounting Practice.
The charity is a Public Benefit Entity as defined by FRS102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of fixed asset investments.
The particular accounting policies adopted are described below.
(b) Income
Donations are accounted for when received by the charity. Investment income is accounted for on an accruals basis.
(c) Expenditure
Expenditure has been analysed between:
(i) Charitable activities
(ii) Costs of generating funds: Costs relating to investment income generation.
- (iii) Other costs: All expenditure to comply with statutory and legal requirements.
All expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all costs related to the category.
Grants payable are payments made to third parties in the furtherance of the charitable objectives of the charity. Single or multi-year grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees has agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and any condition attaching to the grant is outside the control of the charity.
(d) Investments
These are recorded at mid-market value. Unrealised and realised gains and losses are disclosed separately in the Statement of Financial Activities and included as a component of net income or expenditure.
(e) Cash and cash equivalents
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of opening the deposit.
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THE EDDLESTON SETTLEMENT
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
(f) Current liabilities
Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reasonably. Creditors and provisions are recognised at their settlement amount.
2 GRANTS MADE
| During the year, the charity made the following grants: 38 Degrees AgeConcern Banstead AGS Foundation Beyond Autism Blood Cancer UK BowelCancer UK BowelResearch UK BrainTumourResearch Endometriosis UK Freedom FromTorture HelenArkell Dyslexia Imperial CollegeLondon InternationalSpinalResearchTrust Jigsaw S.E Leatherhead Operatic Society Mission Rabies Nara National Tremor Foundation Neuroharmony Parkinson’s UK PrincessAlice Hospice ProstateCancer UK StamfordGreen Primary School SupportDogs ForAutism SupportOur Military Veterans The ITPSupportAssociation TheMaggie FlemingAnimalHospice Thrive Woodland Trust |
2025 £ 2,000 - 500 2,000 2,000 2,000 1,000 2,000 2,000 2,000 2,000 2,000 2,000 - 1,000 2,000 1,000 - 2,000 2,000 - 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 45,500 |
2024 £ - 500 - - 2,000 2,000 2,000 2,000 2,000 1,500 1,000 1,000 2,000 1,000 - 2,000 - 500 3,000 2,000 1,000 2,000 2,000 2,000 2,000 1,000 2,000 2,000 1,500 |
|---|---|---|
40,000 |
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THE EDDLESTON SETTLEMENT
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
3 INVESTMENTS
| INVESTMENTS | |
|---|---|
| As at 1 January Additions Disposals Unrealised gains/(losses) As at 31 December The original cost of the investments was |
2025 2024 £ £ 517,212 572,620 94,996 57,338 (23,703) (107,487) 30,702 (5,259) |
| 619,207 517,212 |
|
| 587,663 519,859 |
All investments are held primarily to provide income for the charity. All investments are listed on a recognised UK stock exchange.
4 RELATED PARTIES
The trustees were paid no remuneration in the period nor were any expenses reimbursed to them.