Do￿SIgn Envelope ID.. Bc￿cOG1-62o448EA-Bc7o.368Cs027BAF4
Charity Reglstration no 303078
THE FASSNIDGE MEMORIAL TRusr
TRUSTEES. REPORT AND ACCOUNTS
YEAR ENDED 31 MARCH 2025
fassnidge
A charity serving generations of HTrllingdon people

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THE FASSNIDGE MEMORIAL TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr J Attias
Mrs M Lally (Resigned 18 September 20241
Mrs J Marren-King
MrA Bennett
Mrs R Chamdal
MrK Martin
Dr R Gudi
Mrc Liberty
MrJ Hensley(Appointed 15 January 20251
Mrs K P Kaur IAppointed 15 January 20251
Charity no.
303078
Address
Kate Fassnidge Community Hall
2 Harefield Road
Uxbridge
UB81GW
Auditors
Ward Williams
Belgrave House
39-43 Monument Hill
Weybridge
Surrey KT13 8RN
Bankers
Lloyds Bank plc
21-22 High Street
Uxbridge
Middlesex
UB8 IJD

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THE FASSNIDGE MEMORIAL TRUST
CONTENTS
Page
Trustees, Report
Auditors, Report
9-12
Statement of Financial Activities
Balance Sheet
14
Statement of Cash Flows
Notes to the Accounts
16-24

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THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORTfor the year ended 31st March 2025
We aim to become the leading Charity for older people in
the London Borough of Hillingdon
Registered Name
Charity Number
Address
THE FASSNIDGE MEMORIAL TRUST
303078
Kate Fassnidge Community Hall
2 Harefield Road
Uxbridge
UB8 1GW
Websito
www.fassni
echari
Charitable Objectlves
The original bequest was by the will of Kate Fassnidge11863-19501 of Uxbridge. The Charity
was set up in 1994 with the aim of benefiting..
l. Old persons living in the former Urban District of Uxbridge,.
2. Old persons living i n the London Borough of Hillingdon,. and
3. Any charitable purposes benefiting the inhabitants of the London Borough of
Hillingdon.
Today the Charity fulfils these objectives by focusing on helping older people in the London
Borough of Hillingdon 8nd is actively looking at new ways to expand the help that it offer5.
Fin
ncial Re
for the
031"M ch202
The Charity recorded a deficlt of £43k forthe year compared to a surplus of £126k in
the previous year. The main drivers forthe reductlon were a drop in unreallsed gains in
fund investments down £119k together with building repair costs of £27k
Expenditure on Charitable Objectivès. mainly focused on the elderly. also increased by
£23k to £93k.
The Charity aims to breakeven each year whilst maintaining its investments including
property. Property investments include the listed Cedars Buildlng in Uxbridge which is
let to Trinity Homeless Charity. This year the TNstees decided to replace the window5.
whlch needed essential repairs. to safeguard the future of the Building. The initial
deposit for the work amounted to £27k. Replacement of the windows is expected to
omplete in 2025 and will be funded from income received on the Charity's fund
investments.
Unreali5ed gains on the Charitys investments during the year amounted to £1k
following a material unrealised gain of £120k in 2024. The Charity holds investments
with a long-terni view. is prepared for short term flu¢tuations in value and has
sufflcient assets to be able to absorb these fluctuations in the short to medium term.

Doujsign Envelope IO.. BCA2COC142o4-48E￿8C70-36BCsO27BAFd
THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for the year ended 31$1 March 2025
Surplus/lDeficitl
Expend iture on Charitable Objectives
Income
Running Cost5
Unrealised gain/llossl on investments
Balance Sheet Assets
Balance Sheet Net Assets
(£43.130J Down £169.187
£93.127
Up £22,601
£185,853
Down £106
£136,898
Up £27.458
£1,044 Down £119.021
£2,731,709
Down £50,280
£2.715.883
Down £43.131
Expenditure on Charitable Objectives
The Trustees fulfil the Charity's objectives by providing support to people in need in the
London Borough of Hi Ilingdon with a focus on support for the elderly. The main initiatives for
this year included grants for essential household items such as white goods, su pplying
Christmas Hampers and running events forthe elderly. The Charity employs two parttime
employees to run coffee mornings and lunches for local older people allowing them to come
together and socialise. The Charity is continuin9 to build on this initiative which has been
very well received by the participants. Total expenditure on these objectives for the year
ended 31" March 2025 was £93,127, up by £22,601 compared to 2024.
Expenditure
Year to
Expenditure
Year to
31103125
31103124
Assistance
Grants
Provided to individuals in need for white goods,
cafpets & ILJrniture.
Applied for by local organisation5 on behalf of
individuals. Grants are also available to local
organisations meetin9 the objectives of the
Ch3TIty.
Applications are a5se55ed against the Charity's
aims & available bud ot.
Supplied 750 Christmas Hampers to local
organisations for distribution to the elderly and
r)eed
> Cost to set up ènd run coffee morriings and
lunches including 5t3ff costs and nc>tional charge
for use of Uxbrid e Hall
> Held Coronation Celebration Events lorthe
elderly including catering. The events were
designed to help those who may feel isolated to
mix with other5 to celebrate and built on the
Jubilee Celebration Events held in the previou5
ear.
27,394
13,161
Hampers
28,113
20,721
CoffÈe
Mornings
20,210
18,656
Event5
2,527
Totsl Ex
Hall Hire
nditure
75.717
498 hours
Notion81 cost
£17,410
93.127
55.065
442 hours
Notional cost
£15.461
70.526
Allow local organisations to hire Community
Halls at no or reduced cost where the activity is
for the direct benefit of the elderl
Notlonal Ex
enditur•
Tgtsl Includin
Including ncjtional expènditure from free Hall Hires where hires directly meet the Charity's objectives

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THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORTfor the year ended 31st March 2025
Assets
Charitable activities and the Charity's runni ng costs are funded by income generated from
the Charity's Permanent Endowment and investments. The Trustees have chosen to invest
surplus funds in investment trusts with a view to protecting the lon9-term future of the
Charity. Investments have increased in value marginally during the year by £1 k followi ng an
increase of £120k in the previous year.
During 2023 the Charity took the decision to mothball the Northwood Community Hall to
avoid incurring additional costs. In 2025 an agreement was reached with the London
Borough of Hillingdon to lea5ethe Northwood Community Hall to be used as a pop-up
libra ry wh ile local libraries are rebuilt. Income from the lease, which also includes coverage
of the on-going cost5 Qfthe Hall, started from March 2025.
Book Value
31103125
Book Value
31103124
per￿￿nent EndoTNment
The Cedars Freehold Propety
Leasecl to Trinity Homeless Projects
Darren House
Leased to a local co
sn
Cazenove Charities Multi-Asset Fund
149,140
149,140
1,096,293
1,113,340
Total Pormanent Endowmént
1.245.433
1.262.480
Other Inv•slmonts
Kate Fa5snid9e Community Hall at 2 Harefield Road Uxbridge
Available to hire forthe locol community
86,450
87,874
76 High Street Northwood 8 Flat5 & Community Hall
Community Hall let to London Borough of Hillingclon for use as a Library
183,798
185.490
Cazenove Charitie5 Multi-Asset Fund including Dep051t
Variou5 Inv&stmÈnt Funds including Dep051t
Bank Deposit
658,624
530,308
12,085
714.736
512,576
9,042
Totsl Other Investm•nts
Other Assets
Office Equipment
Cash at Bank
Debtor5
Totsl Assets
1.471,265
1.509.718
1,298
2,914
5,576
2.781.980
8,720
6,291
2.731.709

Docu5vJn Envelope ID.. Bc￿cOc1-62O446EA-Bc7Q-388C5O27BAF4
THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORTfor the year ended 31st March 2025
Income
Income for year has decreased marginally by £106.
Yearto
31/03125
Year to
31103124
Hire of Communi
Interest on Bank and Fund De
Pro
Rental
Income from Investmetht5
ReiMburse￿ent of Insurance
Donations & Other Income
Total Income
33,145
4.160
63,050
81,238
3,490
770
185.853
31,069
7,219
61.800
82,714
3,157
051ts
185.959
Expenditure
Expenditure has increased this year by £27k mainly due to the cost af replacing the windows
at the Cedars listed building part of which was paid for in the year. The Trustees keep a tight
control over expenditure, all of which must be preapproved or covered by approved
budget, to ensure the Trustees maximise the amount thèt can be used to meet the Chèrity's
objectives, ensure the Charity remains financially sound and to maintain property
investments in a state req uired to maintain rental income.
Year to
37103/25
Yearto
31103/24
ee com
en5ation and benefits
Pro
maintenance
Le al 3nd Estate services
Office costs
Audit fee
Insurarpce
Communi
H811 runnin
Fund mana
ement lees
Fixed asset de
reciation
Other ex
enses
Total Ex
enditure
46,697
27,044
3,157
7,082
7,860
4,033
26,109
9,825
4.415
676
136.893
45,360
9,324
5,429
6,720
4,221
23,400
9.125
4.848
1,013
109.440
costs
2 Including notional charge for Free Hall Hires totalling £17,41012024 £15,461)
3 Excludes employee compensation and benefits for Coffee morning employees included within
expenditure on charitable objectives.

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THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORTforthe year ended 31° March 2025
Governance & Running of the Charity
The TrLJStees, who are all volunteers, meet regularly to manage the Charity. The Trustees
have continued this year to focus on the future strategy of the Charity and the five-year
development plan. As well as considering future strategy the Trustees undertake, on an
ongoing basis, risk assessment of the Charity's activities. Action is taken to remediate risks
where this is deemed necessary.
The Trustees confirm that they have referred to the guidance contained in the Charity
Commission's general guidance on public benefit when reviewing the Charity's aims and
objectives and in planning future activities and setting the grant making policy for the year.
The Charity employed two Charity Managers during the year, both ofwhom work parttime,
to look afterthe dayto day running of the Charity including submitting proposals tothe
Trustees for initiatives to fulfil the Charity's objectives. The Charity also employs a part time
caretaker to look after the Community Halls and two parttime employees to run and manage
coffee mornings and other events for local older people. The Charity has a volunteer who
acts as the Accountant for the Charity.
The Charity has set up a Charitable Incorporated Organisation (CIO) with the intention to
move its operations to the CIO in the future. No timescale has yet been set for the transition
and this is expected to be in more than 12 months from the date ofthis report.
The Trustees of the Charity, during the year to 31 St March 2025, and to the date of the
signing olthese Accounts, were as follows..
James Attias
Adam Bennett
Reeta Chamdal
Dr Reva Gudi
John Hensley
Kamal Preet Kaur
Marian Lally
Connor Liberty
Johanna Marren-King
Kelly Martin
Susan O'Brien
Appointed as Chair 18 September 2024
(Appointed 15 January 20251
(Appointed 15 January 20251
(Resigned 18 September 20241
(Resigned 18 September 20241- Chair until 18 September 2024
To ensure adequate rotation, as well as to encourage new initiatives, the Trustees serve a
maximum of two consecutive terms offour years each. Former Trustees may be reappointed
after a suitable interval. The Trustees undertake regular reviews of skillsets to ensure a
spread of experience in different fields.

Docu5vJn Envelope ID.. BcA2COC1-620448E￿Bc7o-3$Bc5o278AF4
THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORTforthe year ended 31It March 2025
The Trustees seek professional advice and support a5 they deem necessary.
Legal Adviser
Boyes Turner LLP
4, Floor
Abbots House
189 Abbey St
Reading RG1 38D
Architects and Project Managers
Davy Projert Management Limited
9 Painters Close
Bloxham
Oxfordshire OX15 4QY
Valuers and Chartered Surveyors
The Frost Partnership
1 Burkes Parade
Beaconsfield
Buckinghamshire HP9 1 NN
Accountant
Fiona Morgan FCCA
Auditors
Ward William5
Bay Lodge
36 Harefield Road
Uxbridge
UB81PH
Bankers
Lloyds Bank plc
21-22 High Street
Uxbridge
UB8 1JD
Climate Change & Sustainability
The Trustees have considered the impact of the Charity's activities on climate change and
are looking to expanding this further in the future. The Charity'5 main investment in the
Cazenove Charities M ulti-Asset Fund is classified as green for climate change by Schroders
Su5tainEx and future investments vvill be assessed for climate impact.
The Charity in the past few years have taken step5 to minimi5e use of paper and printing by
initiatives including replacing hard copy reports for regular meetings and using electronic
medium wherever possible. Where white goods are suppl led for Grant5, the Charity will look
to Supply the most energy efficient model available forthe price agreed.

Docusrgn Envelope ID.. BCA2COC1420448EA-BC70-36BC50278AF4
THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORTfor the year ended 31st March 2025
Reserves
The Charity continues to holc4 a significant amount of assets and is well placed financially to
build on achievements to date. The funds available, where not required for the day to day
running of the Charity, are invested to generate income to meet the aims and future strategic
vision of the Charity.
Unrestricted Funds are required to provide funds to cover and fulfil the objects of the
Charity, and the Trustees consider it prudent that unrestricted reserves should be sufpicient
to caver at least one year's expenditure based on the prior financial year.
The amount of liquid assets available is monitored against prior year expenditure, at least
quarterly. Currently liquid assets are wel l in excess of annual expenditure.
Investment Policy
The full Investment Policy of the Charity is available on demand from the registered
correspondence address. The Charity aims to invest surplus funds to achieve capital growth
and income sufPicient to Sustain the Charity and to carry out the Charity's objectives both in
the present and the fLrture, by way of medium risk well diversified investments. Specific
investment objectives are=
Maintain the portfolio received at the start and continue its investment and growth for the
future.,
Produce a steady income for the purposes of the Charity's objectives-
Enhance the property portfolio for the Charity's continued stability,. and
Make investment5 for long-term capital growth to support the continuance ofthe Charity
in perpetuity.
From 1" November 2017 the Trustees approved use ofthe total return approach for the
permanent endowment invested in the Cazenove Charities Multi-Asset Fund. Use ofthis
approach allows any gains on the investment whether capital gains, dividends, or other
income, to be used by the Charity to further its aims.
Statement of Trustees. Responsibilitles
The Trustees are responsible for preparing the Trustees, Report and the financial statements
in accordance with applicable law and United Kingdom Accounting Standards Iunited
Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Eng la nd & Wales 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
charity and of the incoming resources and application of resources of the charity for that
period. In preparing these financial statements, the Trustees are required to:

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THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT forthe year ended 31" March 2025
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP 2019 IFRS 1021;
make judgements and estimates that are reasonable and prudent,.
state whether applicable accounting standards have been followed, subject to
any material departures disclosed 3 nd explained in the financial 5tatements-
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping accounting records that disclose with reasonable
accuracy at any time the financi31 position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports)
Reg ulatioris 2008 and their Trust Deed. They are also responsible for safeguard ing the assets
of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Signed on behalf of the board of trustees
by".
-6Cgfj4FIALYJN22
Adam Bennett- Trustee (Chair)
Date: ..23 !anuary.2026

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE FASSNIDGE MEMORIAL TRUST
FOR THE YEAR ENDED 31 MARCH 2025
Opinion
We have audited the financial statements of The Fassnidge Memorial Trust (the 'charity') for the
year ended 31 March 2025 which comprise of the Statement of Financial Activities, the Balance
sheet, the Statement of Cash Flows and related notes to the financial statements, including a
summary of significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards,
including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the
UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the firiancial st3tements-
give a true and fair view of the state of the charitls affairs as at 31 March 2025, and of r(s
incoming resources and application of resources, for the year then ended-,
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice,. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII
and applicable law. Our responsibilities under those standards are further described in the
Auditor's responsibilities for the aud it of the financial statements section of our report. We are
independent of the charity in accordance with thè ethical requirements that are relevant to our
audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have
fulfilled our other ethical responsibilities in accordance with these requirements. We believe that
the aLJdit evidence we have obtained is sufficient and appropriate to provide a basis for our
opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating
to events or conditions that, individually or collectively, may cast significant doubt on the
trust's ability to continue as a goin9 concern for a period of at least twelve months from when the
financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.

DocuswJn Envekpe ID.. bCA2COCf-620U8EA.BG70-36BC5027BAF4
10
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE FASSNIDGE MEMORIAL TRUST
FOR THE YEAR ENDED 31 MARCH 2025
Other information
The trustees are responsible for the other information. The other information comprises the
information included in the trustees, annual report, other than the financial statements and our
auditar's report thereon. Our opinion on the finar)cial statements does not cover the other
inlormation and, except to the extent otherwise explicitly stated in our report, we do not express
any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibilty is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwise appears to be
materially misstated.
If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is a material misstatement in the
financial statements or a material misstatement of the other i riformation. If, based on the work we
have performed, we conclude that there is a material misstatement of this Other information, we
are required to report that fact.
We have nothing to report in this regard.
Matlers on whlch we are required to report by exception
We have nothi ng to report in respect of the following matters in relation to which the Charities
(Accounts and Reports) Regulations 2008 require us to report to you 14, in our opin ion..
the information given in the financial statements is inconsistent in any material respect with the
trustee5' report,. or
sufficient accounti ng records have not been kept,. or
the financial statements are not in agreernent with the accounting records., or
we have not received all the information and explanations we require for our audit.
Responsibiliti95 of trustees
As explai ned more fully in the trustees, responsibilities statement, set out on pages 7 and 8, the
trustees are responsible for the preparation of financial statements which give a true and fair view,
and for such internal control as the trLJStees determine is necessary to enable the preparation of
financial statements that are free from material misstatement, whether due to fraud or error.
In preparirig the financial statements, the trustees are responsible for assessing the charitys ability
to continue as a going concern, disclosing, as applicable, matters related to going concern and
Using the going concern basis ol accounting unless the trustees either intend to liquidate the
charity or to cease operations, or have no realistic alternative but to do so.

Do¢u5ign Envelope ID.. BCA2CQC1-620446EA-BC70.36BC5027W4
11
REPORT OF THE INDEPENDENT AUDrroRS TO THE TRUSTEES OF
THE FASSNIDGE MEMORIAL TRUST
FOR THE YEAR ENDED 31 MARCH 2025
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in
accordance with regulations made under Section 154 of that Act.
Our objectives are to obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's
report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material
misstatement when it exists. Misstatements can arise from fraLJd or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financia I statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We
design procedures in line with our responsibilities, outlined above, to detect material
misstatements i n respect of irregularities, including fraud. The extent to which our procedures are
capable of detecting irregularitie5, including fraud, is detailed below.
We obtained an understanding of the legal and regulatory frameworks applicable to the
trust and the sector in which they operate. We determined that the following was most
significant- the Charities Att 2011.
We obtained an Ljnderstanding of how the trust are complying with those legal and
regulatory frameworks by making inquiries to the management of the trust. We
corroborated our inquiries through our review of correspondence during our audit work.
We assessed the susceptibility of the trusys financial statements to material misstatement,
including howfraud might occur. Audit procedures performed included:
identifying and assessing the design effectivene55 of controls management has in
place to prevent and detect fraud,.
understanding how those charged with governance considered and addressed
the potential for override of controls or other inappropriate influence over the
financial reporting process,.
challenging assumptions and judgements made by management in it's significant
accounting estimates.,
identifyin9 and testing journal entries, in particular and journal entries posted with
unusual account combinatior15,' and
assessing the extent of compliance with the relevant laws and regulations.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities,
including those lèading to a material misstatement in the financial ststements or non-compliance
with regulation. This risk increases the more tliat compliance with a law or regulation is removed
from the events and transactions reflected in the financial statements, as we will be less likely to
become aware of instances of non-compliance. The risk is also greater regarding irregularities
occurring due to fraud rather than error, as fraud involves intentional concealment, forgery,
collusion, omission or misrepresentation.

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12
REPORT OFTHE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE FASSNIDGE MEMORIAL TRUST
FOR THE YEAR ENDED 31 MARCH 2025
A further descrioion of our responsibilities for the aud it of the fir)ancial Statements is located on
the Financial Reporting Council's website at.. www.frc.org.uk/auditorsresponsibilities. This
description forms part of ou r auditoH5 report.
Use of our rèport
Thi5 report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that
we might state to the charity's trustees those matters we are requi red to state to them in an auditor's
report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the charity and the charity's trustees as a body, for our audit
work, for this report, or for the opinions we have formed.
JALJ
WARD WILLIAMS
Statutory Auditors
ZozL
Belgrave House
39-43 Monument Hill
Weybrid9e
Surrey KT13 8RN
Ward Williams is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

Docusign Envelope ID.. BGA2COC1-620448EA-BC7N36BC5027BAF4
13
THE FASSNIDGE MEMORIAL TRUST
STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED
31 MARCH 2025
Unrestricted Restricted
Funds
Funds
Endowment
Funds
Total
2025
Totsl
2024
Income and •ndowmèntsfrom:
Incoming resources from generated fund5'.
Donations and legacies
Charitable Activitie5
Investments
Other incom&
470
9,284
148,449
300
470
9.284
148.449
300
10,697
151,733
Total incoming resources
Note 2
158,503
158.503
162,430
Expenditure on".
Charitable Activities
202,677
202.677
156,438
Total expendlturo
Note 3
202,677
202.077
156,438
Net 9ain/llossl on investments
Note 4
18,092
117,0481
120,065
N•t income / lexpendltur•)
126,0821
117,0481
143.1301
126,057
Transfors b•tbv••n funds
Net mov•mènt in funds
126,0821
117,0481
143,1301
126,057
R•concillatlon of funds
Total fvnd$ broughtforward
At 1 April 2024
1,482,210
1,266,803
2.749,013
2,622,956
Total funds brought foThvard
At 31 March 2025
Note11
1,456, 128
1,249,755
2.705.883
2,749,013
All income and expenditure derive from continuing activities.
The statement of financial activities includes all gains and losses recognised during the year.

DO￿SIgn Envelope ID.. 8CA2COC1-620448EA-BC7(h36BC5027BAF4
14
THE FASSNIDGE MEMORIAL TRUST
BALANCE SHEET AS AT 31 MARCH 2025
Notes
2025
2024
FIXED ASSErs
Tèngible assets
419.388
423,802
CURRENT ASSETS
Investments
Debtors
Cash at bank and in hand
2,297,310
6.291
8,720
2,349,694
5,576
2,914
2,312.321
2,358,184
CREDITORS: Amounts falling due within
one y•ar
115,8261
122,9731
NEf CURRENT ASSETS
2,296.495
2,335,211
NET ASSETS
2,715.883
2.759,013
REPRESENTED BY:
Capital bequest
6,11
10.000
10,000
Unrestricted fund5
Endowmèntfunds
1.456.128
1.249.755
1,482,210
1,266,803
2,705.883
2,749,013
TOTAL FUNDS
2,715,883
2,759,013
The accounts were approved bythe trustees orn .
23 January 2026
Signed on behalf on the trustees
Jnod by".
Adam Bennett-Trustee Ichairl

Docusign Envelope ID.. BC￿CoC1-62O448E￿Bc70-36BC5o27BAF4
15
THE FASSNIDGE MEMORIAL TRUST
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Cash flow from operating artivities {see reconciliation
below):
Net cash flow from operatin9 actlvities
(131.977)
42,735
Cash flow from Investing activities
Payrnents to acquire tangible fixèd assets
Interest received
Re-invested income Irom investments
4.160
81.239
7,220
82,713
Nei cash flow from investln9 artivities
Net increase/ldecrease) in cash and cash equivalents
85.399
(46,578)
89,933
132,668
Cash and cash equivalents at 1 April 2024
2.352.008
2,219,940
Cash and cash equivalents at 31 March 2025
2,306.080
2,352,608
Reconcillatlon of net incorne / lexpenditure) to net tash flow
from operating activities
Net income/lexpenditurel for the year
Depreciation of tangible fixed assets
Interest receivable
Income frorn multi asset investmènt fund
Ilncreaselldecrease in debtors
IDecreasel/increase in creditors
143.1301
4,414
(4.160)
181.239)
(7151
(7.147)
126.057
4,848
17,2201
182,7131
450
1,313
Net cash flow from operating artlvltles
1131.977)
42,735
Cash and cash equivalents as at the year-end of £2,306,08012024= £2,352,608) consists of cash at
bank and in hand of £8,72012024.. £2,914) and invested surpluses in rnulti-asset funds and deposit
accounts of E2,297,31012024= £2,349,694).

DoDJsign Envelope ID. BCA2cOc14204-48￿BC70-36BcS0278AF4
16
THE FASSNIDGE MEMORIAL TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Summary of slgnificant accounting policies
General Information and basis of preparation
The Fassnidge Memorial Trust is a Charity registered in the United Kingdom. The address
of the Charity is given in the Trustees report on page 1 of these financial statements. The
nature of the Charity's operations and principal activities are stated in the trustees report
on pages I to 8.
The Charity constitutes a public benefit entity as defined by FRS 102. The financial
Statements have been prepared in accordance with Accounti ng and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accou nts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 (published in October 20191, the Charities Act 2011 and UK Generally
Accepted Practice.
The financial statements have been prepared to give a 'true and fair, view and have
departed from the Charities (Accounts and Reportsl Regulations 2008 only to the extent
required to provide a 'true and fair, view. This departure ha5 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 IFRS 1021 rather than the Accounting and
Reporting by Charities: Statement of Recommended Prattice effective from 1 April 2005
which has since been withdrawn.
The financial statements are prepared under the historical cost convention, The financial
statements are prepared in sterling which is the functional currency of the Charity and
rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements
are Set out below. These policies have been consistently applied to all years presented
unless otherwise stated.
Going Concern
At the time of approving the accou nts, the trustees have a reasonable expertation that the
charity will continLJe in operational existence for the foreseeable future, with the charity
having substantial reserves available for furtherance of its charitable activities. Thus the
trustees continue to adopt the 90ing concern basis of accounting in preparing the
accounts.

DoGu5ign Envelop8 ID.. BCA2COC1.620448EA-BC7(h36BC50278AF4
17
THE FASSNIDGE MEMORIAL TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Tangible fixed assets and depreciation
The charity's fixed assets consist of. freehold properties and the subsequent development
expense5 of the properties,. leasehold propety and fixtures and fittings which relate to the
property. The assets are stated at cost less depreciation. Depreciation is provided at rates
Calculated to write off the cost less the estimated residual value of each asset over its
expected useful life as follows..
Freehold property..
Leasehold property..
Uxbridge hall..
Fixtures and fittings:
No depreciation calculated
Over lease lifetime of 1501125 years
Over 20 years
Over 5 to 20 years
Investments
Pooled investments are valued using the mid-market price at the year-end date. Changes
in the market value of investments are recognised in the Statement of Financial Activitie5.
Incoming resources
These are included in the Statement of Financial Activities when the charity become5
entitled to the resources, the trustees are virtually certain they will receive the resources
and the monetary value can be measured with sufficient reliability,
Resource5 expended
All expenditure is accounted for on an accruals ba515 and has been classified under
headings that aggregate costs related to the category. Expenditure 15 Tecognised where
there is a legal or constructive obligation to make payments to third parties, it is probablè
that the Settlement will be required and the amount of the obligation can be measured
reliably.
I rrecoverable VAT is charged as an exper)se againstthe classification for which expenditure
arose.
Funds
Unrestricted funds are those funds which are available for use at the discretion of the
trustees in furtherance of the general objectives of the charity and which have not been
designated for other purposes.
Restricted funds are those funds which must be spent as income on the particular purposes
specified by the donor.
Endowment funds are those funds which the charity must hold and retain and not spend as
income.

Docusign Envelope ID.. BCA2COC1-620448EA-BC70-36BC5027BAF4
THE FASSNIDGE MEMORIAL TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Cash and cash equlvalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held
at call with banks, other short-term liquid investments with original maturities of three
months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in
current liabilities.
Employee benefits
When employees have rendered service to the charity, short-term employee benefits to
which the employees are entitled are recognised at the u ridi5counted amount expected to
be paid in exchange for that service.
The charity operates a defined contribution plan for the benefit of its employees.
Contributions are expensed as they become payable.
INCOMING RESOURCES FROM GENERATED FUNDS
2025
2024
Donatlons and legacies
470
Charitable Actlvltles
Kate Fassnidge Community Hall - Northwood
Kate Fassnidge Community Hall - Uxbridge
Re-imbursement of Insurance
1,177
6,363
3,157
5,794
3.490
9,284
10,697
Investment Inwme
Bank deposit interest
Rent received
Multi-asset fund income
4.160
63.050
81.239
7,220
61,800
82,713
148A49
151,733
Other Income
300
Total
158.503
162,430

Docusign Envelope ID.. BCA2COC1-620448FA-8C70.368C5027BAF4
19
THE FASSNIDGE MEMORIAL TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
CHARITABLE AcfiviTIES
2025
2024
Grants and donations made:
Soci31 & Housing Welfare needs
Purchase of Christmas hampers
Coffee Mornings
27,394
28.113
2.940
15,688
20,721
3,559
58,447
39,968
Property malntenance and improvement
The Cedars repairs and maintenance
Property Insurance
Kate Fassnidge Community Hall running costs
Kate Fassnidge Community Halls depreciation
Oflice Equipment depreciation
27.044
4.033
26,110
2.990
1.424
4,221
23,400
3,361
1,487
61,601
32,469
Administration and governance
Wages and Salaries
Employrnent expenses
Employmenttraining
Support charges - Legal and clerking
Support charges - Estates and valuations
Website desig n and hosting
Expenses of meetings, refreshments etc
Auditors remuneration
Managernerntfee
Office costs
Bank fees
52.705
452
870
2,077
1.080
42
636
7.860
9.825
7.082
50,946
429
1,015
8,124
1,200
36
977
6,720
9,125
5,429
82.629
84,001
Total
202.677
156,438

Docusign Envelope ID." BCA2COC1-620448EA.BC70.368C5027BAF4
20
THE FASSNIDGE MEMORIAL TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
OTHER GAINS/(LOSSES)
2025
2024
Unrealised gainlllossl on investments
.044 120,065
1.044 120,065
EMPLOYEES
202S
Number
2024
Number
Numberof employees:
The average monthly number of employees during the
year was..
Employment costs
Wages and salaries
social security costs
Employer pension costs
51,379
49,851
1.326
1,095
52.705
50,946
There were no employees whose allnual emoluments were £60,000 and above.

Do¢u5ign Envelope ID, BCA2COC1-620448EA-BC70-36BC5027BAF4
21
THE FASSNIDGE MEMORIAL TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
FIXED ASSETS
Northwood Uxbridge
Fixtures
Hall (KFCH)
Hall & fittlngs
The Cedars
Totsl
Cost as at 1 April 2024
Addition5
10,000
197,049
101,037
16,952
325,038
10,000
197,049
101,037
16,952 325,038
Development costs..
A5 at 1 April 2024
Development costs this
year
139,140
139,140
As at 31 March 2025
149,140
197,049
101,037
16,952
464,178
Depreciation costs..
As at 1 April 2024
Charge for current year
11,559
1,692
13,163
1,424
15,654
1,298
40,376
4.414
As at 31 March 2025
13,251
14,587
16,952
44,790
NBV at 31 Mar¢h 2025
149.140
183.798
86,450
419,388
NBV at31 March 2024
149,140
185,490
87,874
1,298
423,802
lal
Bequest by Mrs Fassnidge. Thi5 asset consists of the freehold of the property and
land known a5 The Cedars at 66 High Street, the freehold of the land site of 65 High
Street "known as Darren House" and freehold of the property and land adjacent to
The Fassnidge Memorial Hall, Uxbridge, Middlesex and land adjacent thereto. The
original bequest value of £1 0,000 is also shown as the Bequest Capital. Since then
£139,140 has been spent on the redevelopment of the Cedars. In 2017 the charity
sold the head lease of part of the land at this Uxbridge site to a developer (Howarth
Homesl which generated substantial funds for the Trust1£1,575,0001 and a further
Overage payment is expected as part ofthe agreement when the development has
been formally completed as part ol the Development Agreement. The
developrnent includes a new Hall to be used by the local community.

Decusign Envelope ID.. BC￿cOc1-62o448EA-8C7￿6BcSo27￿AF4
22
THE FASSNIDGE MEMORIAL TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
FIXED ASSETS (Contlnuodl
Ib)
Northwood Hall - On 2 April 1997 the trust acquired the Northwood Dining Centre
for £35,000, with £122,049 spent on the redevelopment of Northwood Hall which
was completed by Howarth Homes in 2012. A sale and leaseback arrangement with
Howarth Homes was agreed for a terni of 150 years regarding The Community Hall,
renamed as Kate Fassnidge Community Hall. During 2017 an additional cost of
£40,000 was incurred with Howarth Homes, with the charity purchasing the
Northwood site head lease reversion. This is being written down over the life of the
agreement.
Icl
Fixtures and fittings which relate to the Kate Fassnidge Community Hall. are being
written down over their expected useful economic life.
INVESTMENTS
Premium
osit Acco
ulti-asset
Fun
her
Total
As at 1 April 2024
Additions
Disposals
9,042
27
19,0001
1,828,076
73,068
1120,0001
512,576 2,349,694
2.477
75,572
1129,0001
69
1,781,144
515,053 2,296,266
Unrealised gain
126.227}
27,271
1,044
NBVat 31 March 2025
69
1.754,917
542.324 2.297.310
NBVat31 March 2024
9,042
1,828,076
512,576 2.349.694

Docu$lgn Envelope ID.. BCA2CoC1-6204-48E￿Bc7fh36BC5O27BAF4
23
THE FASSNIDGE MEMORIAL TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
DEBTORS
2025
2024
Trade debtors
Prepayments and accrued income
1.250
5.041
5,576
6.291
5,576
CREDITORS.. Amounts falling due within one year
2025
2024
Accruals and deferred income
Other creditors- deposits held
13.241
2,585
19,965
3,008
15.826
22,973
RELATED PARTIES
Trustees
None of the trustees, or any person connected with them, received any remuneration
during the period.
Controlling party
The charity is controlled by the trustees.

Docusign Envdope ID.. BCA2COC1-620448EA.Bc7￿36BcS027￿AF4
24
THE FASSNIDGE MEMORIAL TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
FUNDS
Capital Unrestricted Restrirt•d Endowment
Bequest
Funds
Funds
Funds
Total
At 1 April 2024
10,000 1,482,210
1,266,803
2.759.013
Income
158,503
158.503
Expenditure
1202,6771
1202,677)
Gainlllossl on investments
18,092
117,0481
1.044
Transfers between funds
At 31 March 2025
10,000 1.456.128
1.249.755
2.715.883
The Endowment Fund is made up oftwo funds. The first is a permanent endowment fund
as set by the trustees which the Charity must hold and retain and not spend as income.
The second fund within the brought forward balance is relating to the Hoenigsberg
Memorial Trust Fund. The Trustees consider that the assets acquired from the
Hoenigsberg Memorial Trust in the year ended 31, March 2017, consisting of cash of
£487,525 and formerly part ofthat Charity's permanent endowment should be treated by
them as an addition to the permanent endowment ofthe Charity.