THE ALEXANDER FUND
ARe
istered Charlt No. 303765
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2025

THE ALEK4NDER FUND
FULL NAME OF CHARITY
The Alexander Fund
GOVERNING INSTRUMENT
S¢heme regulaled by the High Court (Chancery
Division) of 20 January 1984, as varied by schemes of
the Charily Lommi5sioners dated 20 July 1987 and 18
April 1994 as amended by resolution dated 6 March
2014.
DATE OF REGISTRATION
1 January 1964
REGISTERED CHARITY NO.
303765
TRUSTEES OF CHARITY DURING
THE YEAR ENDING
31ST DECEMBER 2025
Christopher John Evans
Miss Hannah Cramplon
lan Malcolm Andrews
Gary Raymond Cooper
Gavin Crockell Ferguson
Ms Rosemary Frances Merricks
Peter Nicholas Hapgood
PRINCIPAL ADDRESS
clo Arbor
255 Blackfriars Road
London SE19AX
SOLICITORS TO THE CHARITY
Winckworth Sherwood LLP
Arbor
255 BlaGkfriars Road
London
SE19AX
BANKERS TO THE CHARITY
Winckworth Shewood LLP
Client Current and deposil accounts (wllh HSBC)
AUDITORS TO THE CHARITY
Newton & Garner Liinlled
Building 2
301-rlern Park
North Fln¢hley
London N12 9DA
AREA OF BENEFIT
London Borough8 of Lambelh and Wandsworth
INVESTMENT POWERS
All sums of ¢ash belonqing to the Charity other than
sums needed for iinmediale worklng purposes are
invesled in ti'ust for the Chai'ily. The Iruslee$ determine
the level of incom6 reserves required al their meetings
held four times a year.
RISKS
The chayily is exposed lo Iluctualions in the sto¢k
market. In selecting inveslmenls. the Iruslees follow

advice given by Rathbones Ilncorporating Investec
Wealth & Inveslmenl). subject to their scrullny of 8ach
quarterly report.
The Charlly is presently Inanaged by 7 trustee8. The
clerk lo Ihe trustees is responsible for the day-lo-day
running of the Charily and Teports to the truslees al
each of 4 meetings held In the linancial year.
The liust885 applled to have Ihe scheme altered so
that the minimum number of Iruslees al any one lime
can b6 five and the maximum eighl. The paperwork to
achit>vo this was exe¢iiled and an onlina submission
was made to the Charily Commisslon on 05.08.2014.
ORGANISATIONAL STRUCTURE
APPOINTMENT OF
TRUSTEES
Trtsstees are ¢hosen by personal knowledge of the
current trustees from among members or fDrmer
Inemb8rs of the Scout Associalion. The continuing
lyuslees appoinl lh8 new trL28tee by resolution.
ANNUAL REPORT
The objects of the charity
The oble¢ls of the Charity are sel out in the Scheme of 1994 as follows..
la)
The inGome of the Endowmenl Fund and the income and property of Ihe Expendable Fund
shall be applied in furthering the aims of the Scoul A8sociallon within the London Boroughs
of Lambelh and Wandsworth.,
The income of the Endowment Fund not required to be expended as aloresaid shall form
part of Ihe Expendable Fund.
The objeds of the Charlly as menlioned above are intendod to cover Public Benefit
as defined in the Charities Act 2011.
{b)
Summary of policles adopted In order to further the charity's objeGts
The trustees award gran18 to members of the Scout Association in the London Boroughs of
Lambelh and Wandsworth lo enable them lo atlend S¢out camps. Grants are also awarded to
improve facilities at Scoul camps and halls for SGoul meelings, and for tiaining.
The trustees re¢eiv8 gTant applicallons and make decisions based on their local knowledge. Each
trustee represents a different local district. In making grants, the trustees lake into account the
Scout Associalion's Policy Rules and Regulations for Scouling.
Achlevoments and performance
During the year ended 31st December 2025 the trustees awatded grants lotalllng £69,072.37.

The stock and share porifollos overall have increased from £2,961,922 in 202410 £3,183,132 in
2025,. Ihe Endowmenl Fund porlfolio has increased by 8.11V/o, the Expendable Fund has increased
by 5.1610 and the Broome Fund has inGreased by 7.76Okn.
Future plans
The Irustee5 conlinue lo assi81 Scouting aclivilles in Ihe London Boroughs of Lambeth and
Wandsworth. There are no major plans al present.
Income
The total income received dLFring the year was £.84,975.76, and the total income expendilure was
£79,716.77, plus capital expenditure of £28,330.81 making a tolal of £108,047.58.
Review of transactlons and flnanclal posltlon of the Gharity
A profil of £2,114.79 was realised in the Endowmenl Fund, iio loss, no gain was realised In the
Exp8ndabSe Fund and a Ioss of £6,992.75 was realised in the Broome fund duriiig the year.
Review of Ihe financia5 staternents for the year endlng 3181 D8cernber 2025
The trustees appainted Winckworth Sherwood LLP to prepare the financial statemen18 and report
for Ihe year ended 31 sl December 2025. The financi<al slalemenls have been independenlly
examined by Newton & Garner Lid who have given an unqualifigd repoEI.
Tru%tees' responslblllti8s
The Charily Irust6e8 are responsible for preparing the Iiustees, I'eport and the financial slalements
in accordance with the applicable law and United Kingdoin A¢¢ounting Slandards (United Kingdom
Generally Accepted Accountlng Pracllce).
Law applicable to charilies in England and Wales requires Ihe trustees to prepare the Trustees,
Annual Report and financial slaleinents for ea¢li financial year which give a true and falr vlew of the
Charity's finaiicial activities during the year and of its linancial posilion al the end of the year. In
preparin9 linancial slaleinenls the triislees are required to..
Select suitable acGoLinling pollGles and then apply them consistently.
Observe the methods and principlfts in the Charities SORP.
Make judgements and eslimales Ihat ale reasonable and prudent.
Slate whether applicable 3ccounllng standards have been followed, subjecl to any material
departures and explained iii the financial slalements.
Prepare the financial slalements on the going Concern basis unless il is inappropriate lo
presume that the Charily will continue in operallon.
The Iruslees are responsible for keeping a¢counling records whioh disclose with rèasonable
accuracy the flnancial posilion of the charity and wliich enable them lo ensure Ilial the
financial stateinenls ¢omply wilh the Charities Act 2011, the Charity (accounts and reports)
Regulations 2008 and th8 provision8 of the trust deed. They aro also responsible for safeguarding
the assels of Ihe Charlty andlignce foi taking reasonable steps for the prevention and dote¢tion of
fraud and other iriegularilles.
(iv)
Iv)

Christop
(Chair of
ohn.
Ugtéésl
vans
aled

THE ALEXANDER FUND
ARe
istered Charit No. 303765
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2025

THE ALEXANDER FUND
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31ST DECEMBER 2025
CONTENTS
PAGE
REPORT TO THE TRUSTEES
REPORT OF THE INDEPENDENT EXAMINER
GENERAL INFORMATION
FINANCIAL STATEMENTS
Notes lo the Financlal Statements
Balance Sheet
Slatemenl of Financial Aclivilies
Capltal Account
Income Account
Schedule of Grants
10
Schedule of Creditors
Schedule of Stocks and Share8
12-17

THE ALEXANDER FUND
REPORT TO THE TRUSTEES
We liavè prepared Ihe financial slaleiiienls sel oul on paoos 5 to 17 from the records of
Ihe Ti'ubl maintained by the Irutslees and provided lo us.
The lolal n)aik61 value of the securltles was'.-
°A INCREASEI
DECREASE
31.I2,2025
31.12.2024
£1,263,144 £1,168,379
£517.571
£492,172
£1,402,417 £1,301,371
Endowment Fund
Expendable Fund
Bi'oome Expendable Fund
7.76¥
Tlie income received wa5:_
/& INCREASEI
DECREASI
-7.250h
31.12.2025
31.12.2024
£26.354
£28,414
£17.156
£19,176
£20.874
£22,123
£64,385
£69,713
Under Seclion 145 {1) of Ihe Charilies A¢1 2011 the trustees may eleGI ellher:.
Endowment Fund
Expendable Fund
Broome Expendable Fund
-5.65Yo
la)
to have the accounts examlned by an independeiil ex8mlner,' or
(b)
to have th6 ao¢ounts audll&d by a person qualifled Llnder tho dollnilion
contained in S8clion 14412) af the said A¢1.
Tlie trustees have olecled to appoint Newton & Garner Lld, chartered accounlanls, to
Independently examine the accounts In accoi'dance willi the above provisions, and their
reporl is conlained in these financial statements.
WINCI<WORTH SHERWOOD LLP
DATED

THE ALEXANDER FUND
CHARITY NO. 303765
YEAR ENDED 31ST D
CEMBER 2025
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE ALEXANDER FUND
I report to th8 Irusloes on my exatniiialion of the accounts ol the above charity { Ilie Trust.) for
the year ended 31s1 December 2025, wlilch are sel out on pages 5 to 17.
Res
onslbllltles and basi5 of re
ort
As Ihe charily's trustees. you aiE responslble for the preparation of Ihè a¢coiinls iii ac¢ordanee
willi the requlreinenls of the Cl)arllies Act 2011 ("Ihe Act')-
I reporl in respect of Iny oxaminalion of the Trust's accolints carried out undÈr section 145 oF11)e
2011 Acl and in carrying OLII my examination, I have followed all the applicable Directions given
by the Charily Commlssion under seclion 145{Jllb) of the Act.
Inde
ndent examlner's stateinent
I have completed my examinalioii. I coi)flfm Ihal no Inalerial mallers tiave come lo my allenlion
in conneclioii with the whlGli gives nie caiise lo bellevè 11)at in, any material respect..
Ihe accounliiw rècords were not kept In accordance with section 130 91 the Chsrilies Act; or
Ihe accounts did not accord wilh the accounling ¥ecords', or
the accounts did not comply wllh Ihe applicable requ5remenls concerning the form and
conlenl of accounts sel out in Ihe Charilies (Aocounls and Reports) Regulationg 2008 other
than any requirement Ihal Ihe accounls give a 'lrLie aiid fair, view whlch is nol a matter
consldered as part of an independent examinalion.
I have no Concerns gnd have come across no other mallers in connecllon with the exaniinalion
to which altenlion should be drawn in this report in order to enabl8 a proper iindgistaiiding of the
aGcounls lo be reached.
Robert Knlgl)t FCCA ATII
Newlon & Garner Limilad
Chartered Accounlaiils
BUILDING 2
30 FRIERN PARI(
NORTH FINCHLEY
LONDON
N12 9DA
DATE- 20th July
2026

THE ALEXANDER FUND
GENERAL INFORMATION
ATE:
181 January 1964
GOVERNING
INSTRUMENT..
Sttheme r6gLilaled by the Hlgh Court (Chancery DIVISI￿1)
of 20 January 1964. as varied by schemes of Ilie Charily
Cominlssloners dated 20 July 1987 and 18 Aprll 1994 as
amended by rosloulion dated 6 March 2014,
ORIGINAL TRUSTEES:
Not known
PRESENT TRUSTEES:
Chi'islopher JDhn Evans
hAiss Hannah Cramptoii
lan Malcolm Ai)drews
Gary Raymond Cooper
Gavin Ci'ockall Fergiison
Ms Roseinary Frence8 M6rrioks
Pel¢i' Nicholas Hapgood
TRUST PERIOD..
In perpotuily
BENEFIGIAL TERN4S AND
BENEFICIARIES:
Tho Income of the Endowment fund and the incom8
and property of the Exp8nd8blts Fund shall be applled In
lurlherlng Ihe alms of the Scout Associallon wilhln (he
London Boroughs of Lambalh 8t￿ Wandsworth.
The Income of tho Endowment Fund not Yequired lo b8
expended as aforesald sh811 form part of Ihe
Expandable Funrt.
ADMINISTRATIVE TERMS..
There shall be a mlnlrnum of b" lruslees. Continuing IrLJsIoos
shall appoint new Iruslags by resolullon. The Iruslees shall
meel at leasl On￿ every 3 months.
CAPITAL AND INCOME TAX This is a chaTltable Irusl and Ih6r8by $njoys cerlaln
TREATMENT OF TRUST:
taxation privileges.
Income Tax
Income of Ihe Al8xander Fund is exempl so lar a8 It Is
applied for cliayllablè purposas.
ital Galns Tax
Tho Aloxandor Fund 1$ exempl from CGT on oaing
8ppli8d for charllable puvposes.
Inhorilance Tax
Glfls lo the Alexander Fund aro generally exempl from
114T. Special rules apply to a charily in the form of a
dis¢reliongry trust so that, provlded the property Is held

THE ALEXANDER FUND
GENERAL INFORMATION
Gontd..
for charilable purposes only, il is nol'relevant property" and
there Is no ten year anniveysary oharge under s64114TA 1984.
SOLICITORS;
Wlnckworlh Sh6pNood I_LP
Arbor
25of Blackfriars Road
London SE19AX
STOCKBROKERS..
Ralhbones
30 Gresl)am Slreel
Londoi)
EC2V 7QN
ANY OTHER INFORMATION:
David Hanwell the admlnlslralor does much of11i6 day lo day
running of the Charity with help froni Ilie Iriist89S.

THE ALEXANDER FUND
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEfvIBER 2025
ACCOUNTING POLICIES
Basis of Pr8
aralioi)
The flnancial staleinenls havo beon prepai'ed in accordance with Accounting and
Reporting by Charities.. Slalement of Recominended Practice applicable to charities
preparing their accoiiiits In accordance with the Financial Reporiing Standard applicable
in Ihe UK ¢ind Repiiblic ol Irelaiid IFRS 102) (effective 1 January 20151- {Charllies
SORP IFRS 10211, fhe Fiiiat)cial Reporting Standard applicable in the UK and RÈpublSc
of Ireland (FRS 102).
The trust Gonslilutes a public benefit enlity as defined by FRS 102. The Iruslees consider
that Iheie are no material unGert8lnlies about Ihe Irusl's abllity lo ci)nlinue as a going
concern.
Reconclllalion with
ievious Generall Acce
led Accounlin
Praclice
In preparii)g the accounls the trustees have consldBred whelher in applying the
accounting PDlicie5 roquired by FRS102 2nd the Charilles SORP FRS102 a reslalemenl
of comparative items was i)eed&d. No rest31amenl has been required.
Income Re
nition
All income is recognised once the cl)arity l)as enlitlement lo the inconie, 11 is probable
that Ihe incoine will be received, and the amounl ol Ii)come receivable can be mèasuFed
reliably.
Interest on funds held on deposit Is included when receivable and Ilie amotinl can be
measured iellably by Iho charity. this is ngrmally upon nDlificatlon of Ilie interest paid or
paygble by the haiik. Dividends are iecogi)Ised once the dividend has been declared ar)d
nolilicalion has been recelved of the dividend due. Thls is normally upon nalilicalion by
our inv6>slm6nl advisor of Ilio dividend yiel(l of Ihe investmeiit portfolio.
Ex
endilure roco
nllion
Liabililies ale fecognised ¢lS expendllure as soon as there is a leual or coi)slruclive
obligalion coinmilling the chaTily to th81 expenditure, il Is probable that sellloment will be
requlred, and the amotii)l of the obligation car) he In8asur8d reliably.
All expenditure is accounled for on an a¢￿vaI,S basls.
2. Inveslmenls
Investmeiils are a form of baslc financial inslrumenl and ale Inlllally recounised al Iheii.
transaction value and subsequently tneasured at Iheir fair value a¥ at Ilig biilance sheel
dale using Ihe closing quoted markcl price. The slalemenl or riii<ifiLial aclivSllès Iiicludes
the nel gains and losses arlsing on revaluation and disposals Ihroughoul Ihe year.

Thè trust does nol acquire put options, derivatives, or olhei coinplex linaiicial
inslruinent8. The main lorin of linancial risk faced by the charily is Ihal of volatility in
eqiilly markets and invcslment markets due to wider ecDnoinic condilioi)s. the alliluda of
iiivesloiE to inveslmènl iisk. and changes in sentlmenl concernlng equities and within
pariicular sectors or sub soclors.
Realised
ain
d losses
All gains ai)d losses are taken lo the Stalenienl of Financlal Aclivilies as Ihey arl8e.
Realised gains and Ir>sses on investimenls are calculaled as the difference belween sa5e8
PToceeds and 11)elr opening Garrying value or their purcliase value if acquiied subsequenl
to the first day of the linanclal year. Unrealised gains and losses aTe calcLtlatcd as Ihe
difference belweeii the falr value al the year end ai)d thelr carrying valiie. Roalised and
unrealised investment gains aiid losse8 are combined in Ilie Slalemenl of Financlal
Aclivilies
3. Grants Pa
able
Tlie disliibulion8 are accoiinled for on Ilie basis of aGtual payinenls Inade during the
accounling period.
6 (Co￿￿nUed1-

THE ALEXANDER FUND
BALANCE SHEET
AS AT 31ST DECEMBER 2025
31.12.2025
31.12.2024
Slocks and shares
Endownienl Fund
Expendable Fund
Broome Expendable Fund
1,263,144.00
517,571.00
1,402,417.00
1,168,379.00
492,172.00
1.301,371.00
Ralhbones- balances held
Endowment Fund
Expendable Fund
Broome Exp8ndable Fund
43.28
0.00
0.00
4,258.75
5,167.61
1,312.22
Winckworth SheNood cllenl deposit account
Y4,417.17
32,043.32
Less creditors - per schedule on page 11
(6,709.44)
<7,480.06)
£3,190,883.01 £2,997,223.84
Thls Is represented by.'_
CAPITAL ACCOUNT {P8ge 8)
3.131,912.40
2,923,512.22
INCOME ACCOUNT {Page 9)
58,970.61
73,711.62
£3 190,883.01 £2,997,223.84
ov
account8 of the Trust in respect of the period ended
02J as sel out on pa
51017.
31st
ece
ber
'Chri
n Evans
Chair of Irust8es)
Dat

THE ALEXANDER FUND
FINANGIAL ACTIVITIES FOR THE YE
31ST DFCEMBER 2025
R ENDING
2025
202
2025
T¢)lal
2024
Total Funds
¢om& and EX
Income
unds
T8sour¢as
Inve8lmpnt InGom8. EThlowmenl Fund (Ppqp 91
Invèslinenl Income- EKp6nd8ble Fund (Pag6 9}
Invé8lNenl Incon)&~ 8[00￿18 Expondab18 Fund
(Page 91
Gr08s IntCT05(
0.00
26,354.0fj
28.412.77
19,176.0
17.fj56.40
o.no
.00
2Q,874.3
591.01
20.874.34
22,123.30
679.04
Toial Iii¢omiiig r880urt8s
esourr.es ijsa
Dlr8cI c118rll8bl8 ex 2ndiltsie
Dislribullons 17)ad& Ischedijlel
Other expendllure
Adfflln151rallon w$ts
0.00
64 975.76
64 975.76
70 392.15
0.00
o.oo
211,330.E11
69,072.37
1,170.40
9.474.00
89.072.37
1.170.40
37,804.81
J2.9a6.49
1.17O.4Q
41.2GO.43
Tolal rpsourcas used
Nol Incoml
ou
oin
28 330.81
79 716.77
1011047. Jf8
9 Jf.417.32
resou
cos
128.330.811 114.741.011
143,071.82)
{2b.025.171
Ollier r&t.
nised
ains and ltsssos
Gglns and losse8 on Itwp.slm8nls:.
Rgallsed
Indowindnt Fund
E%pand8bla Fun
Broome Expendablg FuNt
iJnroallsÈd
Endowmgnl kvrld
rxpandable Pund
room8 Exgendable Fund
2.114.79
0.00
16.992.751
0.0
0.00
0.00
2,114.79
0.00
1fj,992.751
6.937.74
17.OJ5.671
12,041.13
99,Jf66.09
26.407.00
115.63 Jf.86
0.00
o.oo
O.OD
99.566.09
26.407.00
11 Jf.635.86
8,2fj9.89
7,145.38
94.731.40
Nel mo
I In lunds
Balances brouolil forward at
1s1 January 2025
BalEn¢es carrSed lory￿d al
21st Decembpr 2025
208,400.18
114,741.011
193.659.a7
137,004.7ri
2.923,512.22
73.711.62
2,997,223.84
2.860.219.14
f_3.131912.40 £58 970.61 £3 ICQ BB3.n1 £2,997.223.84

THE ALEXANDER FUND
CAPITAL ACCOUNT
YEAR ENDED 31ST DECEMBER 2025
31.12.2025
2,923,512.22
31.12.2024
2,793,547.78
Balance brought foN4fard 811 st January 2025
A(Id:_
R&valualion of slo¢ks and shares
Eiidowmenl Fund
Expendable Fund
Brooine Expendable Fund
99,586.09
26,407.00
115,635,86
48,269.89
7,145.38
94,731.40
ProliUILossl on sale of slocl( and shares
Endowmenl Fund (Page 14)
Expendable Fiind (Page 1J)
Brooma Expendable Fund {Page 171
2.114.79
0.00
(6,992.75)
6,937.74
(7,09fa.67)
12,041.13
3,160,243.21
2,95fJ,577.65
Less:.
Legal, accountancy, laxalion and
adminislralion charg8S
7.89Jr.00
7,662.50
VAT Ihereon
1,579.00
rJisbursem8nts
97.56
212.14
Secretarlal fegs
0.00
750.00
Newton & Garner Indep8ndenl exainlnation fees
1,550.00
1,aroo,00
VAT Iheyeon
310.00
300.00
Ralhbones - Investmenl nianagement ¢harg88
16.899.25
20,108,29
Balance carried fotwaid 8131 sl De¢en)ber 2025
£3 131.912.40 £2,923,512.22

THE ALEXANDER FUND
INCOME ACCOUNT
YEAR ENDED 31ST DECEMBER 2025
31.12.2025
73.711.62
31.12.2024
66,671.38
Balance broughl foTward 811sl January 2025
Divldends and interest
Endowinenl Fund (Page 14)
Expendable Fund {Page 15)
Brooine Expendab16 Fuiid (Page 17)
26.354.01
17,156.40
20.874.34
28,413.71
19,176.04
22,123.30
Ralhbones- Gross Interest
199.52
270.64
Wlnckworlh Sliew)od - gross inleresl
391.49
408.40
138.687.38
137,063.51
Less:_
Legal, accounlancy. taxation and
adminislralion charges
7,895.00
VAT Ihereoii
1,579.00
1,532.50
GTants (see page 101
69,072.37
52,986.49
Dividends accumulated
0.00
0.00
Marsh Llmlled- Indemnity Insurance
1.170.40
1.170.40
Balanco cai'ried lorward as al 31st December 2025
£58,970.61
£73.711.62

THE ALEXANDER FUND
GRANTS
YEAR ENDED 31ST DECEMBER 2025
1st Balham Alr S¢ouls
15th Lainbelli Scout Group
1st Slr6alham Common Scout Group
1 Jrth Lambelh Scoiil Group
2nd Slrealham Hlll Scout Group
91h Soulhside Scout Group
91h Soulhside Scout Group
Balham Air Scouls
Balham Air Scouts
8th Lambelli Scout Group
8th Lambelh Sooul Group
22nd Slrealhain Scout Group
22nd Slrealhain Scout Group
4th Slrealham Scout Group
4th Slroalham Sea Scoults Group
32nd Slrealham Sl. Balholomew's Scout Group
12114th Fl8llersea Weslsid8 Scout Group
16th B8llersea Sea Scout Group
16th Batlersoa Sea Scout Group
16th Bcltlersea S6a Scout Group
16th Batlersea Sea S¢oul Group
End8avour Explorers Lambelh
1 sl Ec?sl Pulney Scoiil Group
1 sl East Pulney Scout Gioup
1s{ Easl Pulney Soout Group
Orion AESU
19th Clapham Scout GroLtp
19th Clapham Scout Gi'oup
1 st Wandsworth S¢oul Gioup
4th Lambolh Scoul Group
4th South Lambelh Scout GTOUP
41h South LaTnbelh Swul Group
4th South Lambelh Scout Group
Mercury Exploi'er Unll
MercLiry Explorer Unil
Mercury Explorer Unil
5tFL Pulney Sea Scouls
5th Pulney Sea Scouts
875.41
1,375.55
42.90
720.00
207. Jro
2,000.00
3,37Jf.50
82.73
234.30
36.00
240.00
7Jf7.59
2,842.76
10,326.08
19, Jf53.15
722.96
1,418.56
1.058.99
1,151.51
210.00
90.00
1.09Jf.31
446.36
250.00
250.00
300.00
794.25
6.212.60
250.00
539.77
731.82
182.50
2,770.17
1,092.00
1,585.42
2,833.68
270.00
2,147.00
Tolal
269.072.37
10

THE ALEXANDER FUND
SCHEDULE OF CREDITORS
AS AT 31ST DECEMBER 2025
31.12,2025 31.12.2024
Newlon & Gari)er audit f8es
1,Jf50.00
1,500.00
VAT thereon
310.00
30D.00
Legal, accoLinlancy, taxation and
admini51ralion charges
3,995.00
4,575.00
VAT Ihereon
799.00
915.00
Disbvrsemenls (including VATI
55.44
190.06
£6.709.44
£7,480.06
11

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THE ALEXANDER FUND
ARe
istered Charit No. 303765
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2025

THE ALEXANDER FUND
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31ST DECEMBER 2025
CONTENTS
PAGE
REPORT TO THE TRUSTEES
REPORT OF THE INDEPENDENT EXAMINER
GENERAL INFORMATION
FINANCIAL STATEMENTS
Notes lo the Financlal Statements
Balance Sheet
Slatemenl of Financial Aclivilies
Capltal Account
Income Account
Schedule of Grants
10
Schedule of Creditors
Schedule of Stocks and Share8
12-17

THE ALEXANDER FUND
REPORT TO THE TRUSTEES
We liavè prepared Ihe financial slaleiiienls sel oul on paoos 5 to 17 from the records of
Ihe Ti'ubl maintained by the Irutslees and provided lo us.
The lolal n)aik61 value of the securltles was'.-
°A INCREASEI
DECREASE
31.I2,2025
31.12.2024
£1,263,144 £1,168,379
£517.571
£492,172
£1,402,417 £1,301,371
Endowment Fund
Expendable Fund
Bi'oome Expendable Fund
7.76¥
Tlie income received wa5:_
/& INCREASEI
DECREASI
-7.250h
31.12.2025
31.12.2024
£26.354
£28,414
£17.156
£19,176
£20.874
£22,123
£64,385
£69,713
Under Seclion 145 {1) of Ihe Charilies A¢1 2011 the trustees may eleGI ellher:.
Endowment Fund
Expendable Fund
Broome Expendable Fund
-5.65Yo
la)
to have the accounts examlned by an independeiil ex8mlner,' or
(b)
to have th6 ao¢ounts audll&d by a person qualifled Llnder tho dollnilion
contained in S8clion 14412) af the said A¢1.
Tlie trustees have olecled to appoint Newton & Garner Lld, chartered accounlanls, to
Independently examine the accounts In accoi'dance willi the above provisions, and their
reporl is conlained in these financial statements.
WINCI<WORTH SHERWOOD LLP
DATED

THE ALEXANDER FUND
CHARITY NO. 303765
YEAR ENDED 31ST D
CEMBER 2025
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE ALEXANDER FUND
I report to th8 Irusloes on my exatniiialion of the accounts ol the above charity { Ilie Trust.) for
the year ended 31s1 December 2025, wlilch are sel out on pages 5 to 17.
Res
onslbllltles and basi5 of re
ort
As Ihe charily's trustees. you aiE responslble for the preparation of Ihè a¢coiinls iii ac¢ordanee
willi the requlreinenls of the Cl)arllies Act 2011 ("Ihe Act')-
I reporl in respect of Iny oxaminalion of the Trust's accolints carried out undÈr section 145 oF11)e
2011 Acl and in carrying OLII my examination, I have followed all the applicable Directions given
by the Charily Commlssion under seclion 145{Jllb) of the Act.
Inde
ndent examlner's stateinent
I have completed my examinalioii. I coi)flfm Ihal no Inalerial mallers tiave come lo my allenlion
in conneclioii with the whlGli gives nie caiise lo bellevè 11)at in, any material respect..
Ihe accounliiw rècords were not kept In accordance with section 130 91 the Chsrilies Act; or
Ihe accounts did not accord wilh the accounling ¥ecords', or
the accounts did not comply wllh Ihe applicable requ5remenls concerning the form and
conlenl of accounts sel out in Ihe Charilies (Aocounls and Reports) Regulationg 2008 other
than any requirement Ihal Ihe accounls give a 'lrLie aiid fair, view whlch is nol a matter
consldered as part of an independent examinalion.
I have no Concerns gnd have come across no other mallers in connecllon with the exaniinalion
to which altenlion should be drawn in this report in order to enabl8 a proper iindgistaiiding of the
aGcounls lo be reached.
Robert Knlgl)t FCCA ATII
Newlon & Garner Limilad
Chartered Accounlaiils
BUILDING 2
30 FRIERN PARI(
NORTH FINCHLEY
LONDON
N12 9DA
DATE- 20th July
2026

THE ALEXANDER FUND
GENERAL INFORMATION
ATE:
181 January 1964
GOVERNING
INSTRUMENT..
Sttheme r6gLilaled by the Hlgh Court (Chancery DIVISI￿1)
of 20 January 1964. as varied by schemes of Ilie Charily
Cominlssloners dated 20 July 1987 and 18 Aprll 1994 as
amended by rosloulion dated 6 March 2014,
ORIGINAL TRUSTEES:
Not known
PRESENT TRUSTEES:
Chi'islopher JDhn Evans
hAiss Hannah Cramptoii
lan Malcolm Ai)drews
Gary Raymond Cooper
Gavin Ci'ockall Fergiison
Ms Roseinary Frence8 M6rrioks
Pel¢i' Nicholas Hapgood
TRUST PERIOD..
In perpotuily
BENEFIGIAL TERN4S AND
BENEFICIARIES:
Tho Income of the Endowment fund and the incom8
and property of the Exp8nd8blts Fund shall be applled In
lurlherlng Ihe alms of the Scout Associallon wilhln (he
London Boroughs of Lambalh 8t￿ Wandsworth.
The Income of tho Endowment Fund not Yequired lo b8
expended as aforesald sh811 form part of Ihe
Expandable Funrt.
ADMINISTRATIVE TERMS..
There shall be a mlnlrnum of b" lruslees. Continuing IrLJsIoos
shall appoint new Iruslags by resolullon. The Iruslees shall
meel at leasl On￿ every 3 months.
CAPITAL AND INCOME TAX This is a chaTltable Irusl and Ih6r8by $njoys cerlaln
TREATMENT OF TRUST:
taxation privileges.
Income Tax
Income of Ihe Al8xander Fund is exempl so lar a8 It Is
applied for cliayllablè purposas.
ital Galns Tax
Tho Aloxandor Fund 1$ exempl from CGT on oaing
8ppli8d for charllable puvposes.
Inhorilance Tax
Glfls lo the Alexander Fund aro generally exempl from
114T. Special rules apply to a charily in the form of a
dis¢reliongry trust so that, provlded the property Is held

THE ALEXANDER FUND
GENERAL INFORMATION
Gontd..
for charilable purposes only, il is nol'relevant property" and
there Is no ten year anniveysary oharge under s64114TA 1984.
SOLICITORS;
Wlnckworlh Sh6pNood I_LP
Arbor
25of Blackfriars Road
London SE19AX
STOCKBROKERS..
Ralhbones
30 Gresl)am Slreel
Londoi)
EC2V 7QN
ANY OTHER INFORMATION:
David Hanwell the admlnlslralor does much of11i6 day lo day
running of the Charity with help froni Ilie Iriist89S.

THE ALEXANDER FUND
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEfvIBER 2025
ACCOUNTING POLICIES
Basis of Pr8
aralioi)
The flnancial staleinenls havo beon prepai'ed in accordance with Accounting and
Reporting by Charities.. Slalement of Recominended Practice applicable to charities
preparing their accoiiiits In accordance with the Financial Reporiing Standard applicable
in Ihe UK ¢ind Repiiblic ol Irelaiid IFRS 102) (effective 1 January 20151- {Charllies
SORP IFRS 10211, fhe Fiiiat)cial Reporting Standard applicable in the UK and RÈpublSc
of Ireland (FRS 102).
The trust Gonslilutes a public benefit enlity as defined by FRS 102. The Iruslees consider
that Iheie are no material unGert8lnlies about Ihe Irusl's abllity lo ci)nlinue as a going
concern.
Reconclllalion with
ievious Generall Acce
led Accounlin
Praclice
In preparii)g the accounls the trustees have consldBred whelher in applying the
accounting PDlicie5 roquired by FRS102 2nd the Charilles SORP FRS102 a reslalemenl
of comparative items was i)eed&d. No rest31amenl has been required.
Income Re
nition
All income is recognised once the cl)arity l)as enlitlement lo the inconie, 11 is probable
that Ihe incoine will be received, and the amounl ol Ii)come receivable can be mèasuFed
reliably.
Interest on funds held on deposit Is included when receivable and Ilie amotinl can be
measured iellably by Iho charity. this is ngrmally upon nDlificatlon of Ilie interest paid or
paygble by the haiik. Dividends are iecogi)Ised once the dividend has been declared ar)d
nolilicalion has been recelved of the dividend due. Thls is normally upon nalilicalion by
our inv6>slm6nl advisor of Ilio dividend yiel(l of Ihe investmeiit portfolio.
Ex
endilure roco
nllion
Liabililies ale fecognised ¢lS expendllure as soon as there is a leual or coi)slruclive
obligalion coinmilling the chaTily to th81 expenditure, il Is probable that sellloment will be
requlred, and the amotii)l of the obligation car) he In8asur8d reliably.
All expenditure is accounled for on an a¢￿vaI,S basls.
2. Inveslmenls
Investmeiils are a form of baslc financial inslrumenl and ale Inlllally recounised al Iheii.
transaction value and subsequently tneasured at Iheir fair value a¥ at Ilig biilance sheel
dale using Ihe closing quoted markcl price. The slalemenl or riii<ifiLial aclivSllès Iiicludes
the nel gains and losses arlsing on revaluation and disposals Ihroughoul Ihe year.

Thè trust does nol acquire put options, derivatives, or olhei coinplex linaiicial
inslruinent8. The main lorin of linancial risk faced by the charily is Ihal of volatility in
eqiilly markets and invcslment markets due to wider ecDnoinic condilioi)s. the alliluda of
iiivesloiE to inveslmènl iisk. and changes in sentlmenl concernlng equities and within
pariicular sectors or sub soclors.
Realised
ain
d losses
All gains ai)d losses are taken lo the Stalenienl of Financlal Aclivilies as Ihey arl8e.
Realised gains and Ir>sses on investimenls are calculaled as the difference belween sa5e8
PToceeds and 11)elr opening Garrying value or their purcliase value if acquiied subsequenl
to the first day of the linanclal year. Unrealised gains and losses aTe calcLtlatcd as Ihe
difference belweeii the falr value al the year end ai)d thelr carrying valiie. Roalised and
unrealised investment gains aiid losse8 are combined in Ilie Slalemenl of Financlal
Aclivilies
3. Grants Pa
able
Tlie disliibulion8 are accoiinled for on Ilie basis of aGtual payinenls Inade during the
accounling period.
6 (Co￿￿nUed1-

THE ALEXANDER FUND
BALANCE SHEET
AS AT 31ST DECEMBER 2025
31.12.2025
31.12.2024
Slocks and shares
Endownienl Fund
Expendable Fund
Broome Expendable Fund
1,263,144.00
517,571.00
1,402,417.00
1,168,379.00
492,172.00
1.301,371.00
Ralhbones- balances held
Endowment Fund
Expendable Fund
Broome Exp8ndable Fund
43.28
0.00
0.00
4,258.75
5,167.61
1,312.22
Winckworth SheNood cllenl deposit account
Y4,417.17
32,043.32
Less creditors - per schedule on page 11
(6,709.44)
<7,480.06)
£3,190,883.01 £2,997,223.84
Thls Is represented by.'_
CAPITAL ACCOUNT {P8ge 8)
3.131,912.40
2,923,512.22
INCOME ACCOUNT {Page 9)
58,970.61
73,711.62
£3 190,883.01 £2,997,223.84
ov
account8 of the Trust in respect of the period ended
02J as sel out on pa
51017.
31st
ece
ber
'Chri
n Evans
Chair of Irust8es)
Dat

THE ALEXANDER FUND
FINANGIAL ACTIVITIES FOR THE YE
31ST DFCEMBER 2025
R ENDING
2025
202
2025
T¢)lal
2024
Total Funds
¢om& and EX
Income
unds
T8sour¢as
Inve8lmpnt InGom8. EThlowmenl Fund (Ppqp 91
Invèslinenl Income- EKp6nd8ble Fund (Pag6 9}
Invé8lNenl Incon)&~ 8[00￿18 Expondab18 Fund
(Page 91
Gr08s IntCT05(
0.00
26,354.0fj
28.412.77
19,176.0
17.fj56.40
o.no
.00
2Q,874.3
591.01
20.874.34
22,123.30
679.04
Toial Iii¢omiiig r880urt8s
esourr.es ijsa
Dlr8cI c118rll8bl8 ex 2ndiltsie
Dislribullons 17)ad& Ischedijlel
Other expendllure
Adfflln151rallon w$ts
0.00
64 975.76
64 975.76
70 392.15
0.00
o.oo
211,330.E11
69,072.37
1,170.40
9.474.00
89.072.37
1.170.40
37,804.81
J2.9a6.49
1.17O.4Q
41.2GO.43
Tolal rpsourcas used
Nol Incoml
ou
oin
28 330.81
79 716.77
1011047. Jf8
9 Jf.417.32
resou
cos
128.330.811 114.741.011
143,071.82)
{2b.025.171
Ollier r&t.
nised
ains and ltsssos
Gglns and losse8 on Itwp.slm8nls:.
Rgallsed
Indowindnt Fund
E%pand8bla Fun
Broome Expendablg FuNt
iJnroallsÈd
Endowmgnl kvrld
rxpandable Pund
room8 Exgendable Fund
2.114.79
0.00
16.992.751
0.0
0.00
0.00
2,114.79
0.00
1fj,992.751
6.937.74
17.OJ5.671
12,041.13
99,Jf66.09
26.407.00
115.63 Jf.86
0.00
o.oo
O.OD
99.566.09
26.407.00
11 Jf.635.86
8,2fj9.89
7,145.38
94.731.40
Nel mo
I In lunds
Balances brouolil forward at
1s1 January 2025
BalEn¢es carrSed lory￿d al
21st Decembpr 2025
208,400.18
114,741.011
193.659.a7
137,004.7ri
2.923,512.22
73.711.62
2,997,223.84
2.860.219.14
f_3.131912.40 £58 970.61 £3 ICQ BB3.n1 £2,997.223.84

THE ALEXANDER FUND
CAPITAL ACCOUNT
YEAR ENDED 31ST DECEMBER 2025
31.12.2025
2,923,512.22
31.12.2024
2,793,547.78
Balance brought foN4fard 811 st January 2025
A(Id:_
R&valualion of slo¢ks and shares
Eiidowmenl Fund
Expendable Fund
Brooine Expendable Fund
99,586.09
26,407.00
115,635,86
48,269.89
7,145.38
94,731.40
ProliUILossl on sale of slocl( and shares
Endowmenl Fund (Page 14)
Expendable Fiind (Page 1J)
Brooma Expendable Fund {Page 171
2.114.79
0.00
(6,992.75)
6,937.74
(7,09fa.67)
12,041.13
3,160,243.21
2,95fJ,577.65
Less:.
Legal, accountancy, laxalion and
adminislralion charg8S
7.89Jr.00
7,662.50
VAT Ihereon
1,579.00
rJisbursem8nts
97.56
212.14
Secretarlal fegs
0.00
750.00
Newton & Garner Indep8ndenl exainlnation fees
1,550.00
1,aroo,00
VAT Iheyeon
310.00
300.00
Ralhbones - Investmenl nianagement ¢harg88
16.899.25
20,108,29
Balance carried fotwaid 8131 sl De¢en)ber 2025
£3 131.912.40 £2,923,512.22

THE ALEXANDER FUND
INCOME ACCOUNT
YEAR ENDED 31ST DECEMBER 2025
31.12.2025
73.711.62
31.12.2024
66,671.38
Balance broughl foTward 811sl January 2025
Divldends and interest
Endowinenl Fund (Page 14)
Expendable Fund {Page 15)
Brooine Expendab16 Fuiid (Page 17)
26.354.01
17,156.40
20.874.34
28,413.71
19,176.04
22,123.30
Ralhbones- Gross Interest
199.52
270.64
Wlnckworlh Sliew)od - gross inleresl
391.49
408.40
138.687.38
137,063.51
Less:_
Legal, accounlancy. taxation and
adminislralion charges
7,895.00
VAT Ihereoii
1,579.00
1,532.50
GTants (see page 101
69,072.37
52,986.49
Dividends accumulated
0.00
0.00
Marsh Llmlled- Indemnity Insurance
1.170.40
1.170.40
Balanco cai'ried lorward as al 31st December 2025
£58,970.61
£73.711.62

THE ALEXANDER FUND
GRANTS
YEAR ENDED 31ST DECEMBER 2025
1st Balham Alr S¢ouls
15th Lainbelli Scout Group
1st Slr6alham Common Scout Group
1 Jrth Lambelh Scoiil Group
2nd Slrealham Hlll Scout Group
91h Soulhside Scout Group
91h Soulhside Scout Group
Balham Air Scouls
Balham Air Scouts
8th Lambelli Scout Group
8th Lambelh Sooul Group
22nd Slrealhain Scout Group
22nd Slrealhain Scout Group
4th Slrealham Scout Group
4th Slroalham Sea Scoults Group
32nd Slrealham Sl. Balholomew's Scout Group
12114th Fl8llersea Weslsid8 Scout Group
16th B8llersea Sea Scout Group
16th Batlersoa Sea Scout Group
16th Bcltlersea S6a Scout Group
16th Batlersea Sea S¢oul Group
End8avour Explorers Lambelh
1 sl Ec?sl Pulney Scoiil Group
1 sl East Pulney Scout Gioup
1s{ Easl Pulney Soout Group
Orion AESU
19th Clapham Scout GroLtp
19th Clapham Scout Gi'oup
1 st Wandsworth S¢oul Gioup
4th Lambolh Scoul Group
4th South Lambelh Scout GTOUP
41h South LaTnbelh Swul Group
4th South Lambelh Scout Group
Mercury Exploi'er Unll
MercLiry Explorer Unil
Mercury Explorer Unil
5tFL Pulney Sea Scouls
5th Pulney Sea Scouts
875.41
1,375.55
42.90
720.00
207. Jro
2,000.00
3,37Jf.50
82.73
234.30
36.00
240.00
7Jf7.59
2,842.76
10,326.08
19, Jf53.15
722.96
1,418.56
1.058.99
1,151.51
210.00
90.00
1.09Jf.31
446.36
250.00
250.00
300.00
794.25
6.212.60
250.00
539.77
731.82
182.50
2,770.17
1,092.00
1,585.42
2,833.68
270.00
2,147.00
Tolal
269.072.37
10

THE ALEXANDER FUND
SCHEDULE OF CREDITORS
AS AT 31ST DECEMBER 2025
31.12,2025 31.12.2024
Newlon & Gari)er audit f8es
1,Jf50.00
1,500.00
VAT thereon
310.00
30D.00
Legal, accoLinlancy, taxation and
admini51ralion charges
3,995.00
4,575.00
VAT Ihereon
799.00
915.00
Disbvrsemenls (including VATI
55.44
190.06
£6.709.44
£7,480.06
11

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iaiil? l-
¢y IN r4
i ?1 iai',la i..
00

8888
41
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J y I

ooa
ro fo
tsoo
111 ;1 I'l

000
ro oj
) OJ
00
I I I l a I
00
Es￿ È& I

llj 3, 11
ioro