REGISTERED CHARITY NUMBER: 309614
Report of the Trustees and
Unaudited Flnancial Statements
for the Year Ended 31 March 2025
for
Stroud and Rodborough Educational
Charity
Xeinadin South Wales & West Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GLIO 3UT

Stroud and Rodborough Educational
Charity
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Report of the Trustee5
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
9 to 10
Notes to the Financial Statements
11 to 20
Detailed Statement of Financial Artivities
21 to 22

Stroud and Rodborough Educatlonal
Charity
Report of the Trustees
forthe Year Ended 31 March 2025
The Trustees present their report with the financial statements of the Charity for the year ended 31 March
2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities= Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard in the UK and Republic of Ireland IFRS1021 (effective l January 20191.
OBJEcfivES AND ACTIVITIES
Policles and objectives
The Trustees are responsible for safeguarding the assets of the Charity and for managing and letting of lands.
Its objects are:
l. To provide such special benefits of any kind not normally provided by the local education authority for
Marling School. Stroud High School and Archway School.
2. To promote the education of persons under the age of 25 who are resident in the area of benefit and are
in need of financial assistance.
3. To provide financial assistance to any charitable organisation in the area of benefit, the objects of which
include the advancement of education, or the improvement of the conditions of life for such persons
developing their physical, mental and moral capacities through leisvre time activities.
The area of benefit Shall mean the area of the parishe5 comprising Stroud Rural District that is to say Bisley-
with-Lypiatt, Chalford, Cranham, Horsley, King's stanley, Leonard Stanley, Minchinhampton, Miserden.
Painswick, Pitchcombe, Randwick, Rodborough. Stonehouse, Thrupp, Whiteshill. and Woodchester and the
area of Stroud and Nailsworth Urban Districts.
Strategies for achieving objectives
The Trustees wish to continue to support the benefit Schools and young people in the area of benefit. This
will be accomplished by the investment policy and the management of the property owned and let by the
Charity to produce incorne.
The Trustees are happy that there are no significant issues that may affett the continuance of the Charity's
aims. However, due to the current financial climate. donations to the area of benefit may reduce or fluctuate
in line with the stock market performance.
Public benefit
In setting objectives and planning for activities, the Trustees have given due consideration to general
guidance published by the Charity Commission relating to public benefit, including the guidance 'Public
benefit- running a charity IPB2)'. The Trustees are not aware of any detriment caused by the Charity's objects
or activitie5, and nor are they aware of anyone receiving any private benefit from the Charity'5 activities.
Page I

Stroud and Rodborough Educational
Charity
Report of the Trustees
for the Year Ended 31 March 2025
OBJEcfivES AND ACTIVITIES
Grantmaklng
The total grants made during the year to 31st March 2025 were £54,423 this included grants to..
Stroud High School
Marling School
Archway School
£12,000
£11,865
£14,898
The remainder of the grants were distributed in accordance with the Charity's objettives.
ACHIEVEMENT AND PERFORMANCE
The Trustees have agreed to dispose of the properties at Downfield House and reinvest the proceeds of the
sale. Only one property at Downfield House continues to be rented out to tenants. The other property is
being prepared for marketin8.
The School of Art continues to be rented out. The Trustees continue to maintain the property. The Trustees
have changed the heating system at significant cost.
Investment policy and performance
The Charity's investment powers are now conferred by the Trustees Att 2000, and any cash not required for
immediate working purposes must be invested in the name of the Official Custodian for Charities unless the
Charity Commission directs Othe￿iSe.
The Trustees are following a total return policy. taking an income of 4%.
The Trustees have considered the most appropriate policy for investing funds and following legal advice from
Paula Smfth at Leonard Curtis Legal Ltd, the Trustees made the decision to rnove investments to a total return
policy using a base line investment of £800,000. Continuing to use specialised unit trusts designed for the
charity sector to meet their requirements to generate both income and growth. The Trustees monitor the
investments closely.
Rlsk5 and internal and external factors
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 risk5 to which the Charity is exposed and, where
appropriate, systems or procedures have been established to mitigate those risks relating to fraud and error.
Internal control risks are minimi5ed by the implementation of procedures for authorisation of transactions.
Page 2

Stroud and Rodborough Educational
Charity
Report of the Trustees
forthe Year Ended 31 March 2025
FINANCIAL REVIEW
Financial position
The Charity continues to monitor the markets carefully.
There are no going concerns as to the future of the Charity, other than fluctuations in the investments. Thi5
will possibly reduce the amount of income generated thus reduce the level of donations.
The value of investments a5 at the year end was £1,214,30312024.. £1.310,996). This is down on the previous
year. The Trustees are reviewing the investments.
The total income received during the year amounted to £166,223 including donation5 from The Feoffees
Charity. with expenditure totalling £194,444. This resulted in an operational loss of £28,221.
Principal funding source5
The main sources of funds are derived from the investments held and managed by the investment managers
appointed and rental income from the properties. During the year ended 31 March 2025 the Charity received
donations from The Feoffees Charity.
Reserves policy
The Trustees have a £20,000 reserve policy to cover any costs that may occur with the property owned by
the Charity.
FUTURE PLANS AND DEVELOPMENT
The Trustees plan to continue to deliver charitable relief to the area of benefit by continuing to monitor the
investments and adjust where necessary to achieve those aims.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Constitution and Aims
Stroud and Rodborough Educational Charity are two Charities brought together by a Charity Commissioners
Scheme date 20, February 1981. these being the Charity called the Stroud Educational Charity {regulated
by a scheme made by the Board of Education on 2 December 19091 and the Charity called the Rodborough
Educational Foundation las constituted on 31" December 19121.
Page 3

Stroud and Rodborough Educational
Charity
Report of the Trustees
forthe Year Ended 31 March 2025
STRucfuRE, GOVERNANCE AND MANAGEMENT
Trustees
There are currently no Trustee vacancies.
The Nominative Trustees are appointed as follows..
Three representatives by Gloucestershire County Council- Chosen by Gloucestershire County Council
Three by Stroud District Council- Chosen by Stroud District Council
One by the Governing Body of Marling School- Chosen by Board of Governors
One bythe Governing Body of Stroud High School- Chosen by Board of Governor5
One by the Governing Body of Archway School- Chosen by Board of Governors
One byThe Stroud Feoffees Charity- Chosen by The Feoffees Charity Trustees
One by Rodborough Parish Council- Chosen by Rodborough Parish Council
The Trustees shall hold at least two meetings per year.
No Trustees received any renumeration or expenses during the year.
Related parties
One Nominative Trustee is a representative from the Feoffees Charity of which Trustees make donations to
the Charity.
Page 4

Stroud and Rodborough Educational
Charity
Report of the Trustees
for the Year Ended 31 March 2025
STRucfuRE, GOVERNANCE AND MANAGEMENT
Risk management
The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE ANO ADMINISTRATIVE DEfAIL5
Registered Charity number
309614
Principal address
Shani Baker
Clerk to the Trustees
14 Green Close
Uley, Dursley
Gloucestershire
GLII 5TH
Trustees
MrJ H Parker
Mrs E Bird
Mr M Robinson
Mrs C Mobbs
Mr G Stanley
Mr P Gibson
Mr N Prenter
Ms L McGinty
Mr M Ansell
Mr S Robinson
Mr J Bloxsom
Ih
resigned 29 January 2025
appointed 29, January 2025
Independent Examiner
Mr M Aldridge
Xeinadin South Wales & West Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GLIO 3UT
Solicitors
wsp
3-7 Rowcroft
Stroud
Gloucestershire
GL5 3BJ
Page 5

Stroud and Rodborough Educational
Charity
Report of the Trustee5
forthe Year Ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Investment Advisors
CCLA Fund Managers Limited
Senator House
85 Queen Victoria Street
London
EC4V 4ET
Bankers
HSBC Bank
The Cross
Gloucester
GLI 2AP
Coventry Building Society
43 Kings Street
Stroud
Gloucestershire
GLS 3DS
2025 and signed on its behalf by:
Mr J H Parker- Chairman
Page 6

Independent EKaminer's Report to the Trustees of
Stroud and Rodborough Educational
Charity
Independent Examiner's report to the Trustees of Stroud and Rodborough Educational Charity
I report to the Charity Trustees on my examination of the accounts of Stroud and Rodborough Educational
Charity Ithe Trust) for the year ended 31 March 2025.
Responsibilitles and basis of report
As the Charity Trustees of the Trust you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Att 20111'the Act'l.
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in
carrying out my examination I have followed all applicable Directions given by the Charity Commission under
section 14515llbl of the Art.
Independent Examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respett of the Trust as required by section 130 of the Act- or
the accounts do not accord with those records,. or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charitie5 (Accounts and Reports) Regulations 2008 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.
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
Stonehou5e
Gloucestershire
GL103UT
Date: ...
Page 7

Stroud and Rodborough Educational
Charity
ststement of Financlal Activitie5
for the Year Ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted Endowment
fund
fund5
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
9,634
9,634
5,225
Charitable artivities
Charitable
64,240
64.240
21,239
Investment income
90,847
1,502
92,349
97,734
Total
164.721
1,502
166,223
124,198
EXPENDITURE ON
Charitable activities
Charitable
181,343
246
181,589
121,505
Support and governance costs
12,855
12,855
14,174
Total
194,198
246
194,444
135,679
Net gains1llossesl on investments
144,9801
11,7131
146,6931
94,880
NET INCOME / (EXPENDITURE)
(74,4571
{4571
{74,9141
83,399
RECONCILIATION OF FUNDS
Total funds brought forward
1,709,168
52,468
1.761,636
1,678,237
TOTAL FUNDS CARRIED FORWARD
1,634,711
52,011
1.686,722
1,761,636
The note5 form part of these financial statement5
Page 8

Stroud and Rodborough Educational
Charitv
Balance Sheet
31 March 2025
2025
Total
funds
2024
Total
fund5
Unrestricted Endowment
fund
funds
Notes
FIXED ASSETS
Investments
Investments
Investment property
li
12
1,172,532
401,113
41,771
1.214,303
401,113
1,310,996
401.113
1,573,645
41,771
1,615,416
1,712,109
CURRENT ASSETS
Cash at bank
64,134
10,341
74,475
52,696
64,134
10,341
74,475
52,696
CREDITORS
Amounts falling due within one year
13
13,0681
iioii
13,1691
13,1691
NET CURRENT ASSETS
61,066
10.240
71,306
49,527
TOTAL ASSETS LESS CURRENT LIABILITIES
1,634.711
52,011
1,686,722
1,761,636
NET ASSETS
1,634,711
52,011
1,686,722
1,761.636
The notes form part of these financial statements
Page 9
continued...

Stroud and Rodborough Educational
Charity
Balance Sheet- continued
31 March 2025
FUNDS
Unrestricted funds:
General fund
Endowment fvnds
14
1,634,711
52,011
1,709,168
52,468
TOTAL FUNDS
1,686,722
1,761,636
The financial statements were approved by the Board of Trustees and authorised for issue on ifj.. .l.io.
. 2025
and were signed on its behalf by..
J Parker- Chairman
E Bird- Vice Chair
The notes fom part of these financial statements
Page 10

Stroud and Rodborough Educational
Charity
Notes to the Financial Statements
forthe Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financlal statement5
The financial statements of the Charity, which is a public benefit entity under FRS 102. have been
prepared in accordance with the Charities SORP IFRS 1021 '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 (effective
l January 20191,. Financial Reporting Standard 102 'The Financial Reportin8 Standard applicable in the
UK and Republic of Ireland, and 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.
Income
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to
the funds. it is probable that the income will be received and the amount can be measured reliably.
Empenditure
Liabilities are recognised as expenditure as 500n 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 15
accounted for on an accruals basis and has been classified under headings that aggregate all costs
related to the category. Where costs cannot be directly attributed to particular headings, they have
been allocated to activities on a basis conslstent 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.
Investment propertv
Investment property is shown at its most recent valuation. Any aggregate surplu5 or deficit arising
from changes in fair value is recognised in the Statement of Financial Activities.
Taxation
The Charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted fund5 can be used in accordance with the charitable objectives at the discretion of the
Trustees.
Restritted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Page 11
continued...

Stroud and Rodborough Educational
Charity
Notes to the Flnancial Statements - contlnued
forthe Year Ended 31 March 2025
DONATIONS AND LEGACIES
2025
2024
Donations
9,634
5,225
INVESTMENT INCOME
2025
2024
Rents received
Investment income
Deposit account interest
50,394
41,159
796
55,825
41,421
488
92,349
97,734
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Insurance
Repairs - contributions
13,149
51,091
15,204
6.035
64.240
21,239
CHARITABLE AcfiviTIES COSTS
Direct costs Grant funding
(see note
activities (see
note 71
61
Totals
Charitable
127,165
54,424
181.589
Page 12
continued...

Stroud and Rodborough Educatlonal
Charity
Notes to the Financlal Statements - continued
forthe Year Ended 31 March 2025
DIREcf COSTS OF CHARITABLE ACTIVITIES
2025
2024
Buildings insurance
Management commissions
Property expenses and repairs
School of Science and Art expenses
Prizes
15.405
4,509
9,276
97,729
246
13,929
4,160
2,546
39,655
840
127,165
61,130
GRANTS PAYABLE
2025
2024
Charitable
54,424
60,375
The total grants paid to institutions during the year was as follows..
2025
2024
Stroud High School
Archway School
Marling School
Grants to other institutions
12,000
14,898
11.865
5,542
12,073
12,249
9,000
10,609
44.305
43.931
The total grants paid to individuals during the year was as follows..
2025
2024
Grants to individua15
10,119
16,444
Page 13
continued...

Stroud and Rodborough Educational
Charity
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
SUPPORT COSTS
Governance
costs and
Finance
Management
Totals
Other resource5 expended
10,972
1,883
12,855
10,972
1.883
12,855
TRUSTEES, REMUNERATION AND BENEFITS
There were no Trustees. remuneration or other benefits for the year ended 31 March 2025 nor for the
year ended 31 March 2024.
Trustees. expenses
There were no Trustees, expense5 paid for the year ended 31 March 2025 nor for the year ended
31 March 2024.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES - 2024
Unrestricted Endowment
fund
fund5
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
5,225
5,225
Charitable a¢tivities
Charitable
21,239
21,239
Investment income
96,276
1.458
97.734
Total
122,740
1,458
124,198
EXPENDITURE ON
Charitable activitle5
Charitable
Other
120,665
14,174
840
121,505
14,174
Total
134.839
840
135.679
Net gains/{losse51 on investments
91,243
3,637
94,880
NET INCOME / (EXPENDITURE)
78,556
4,843
83,399
Page 14
continued...

Stroud and Rodborough Educational
Charlty
Notes to the Flnancial Statements - continued
for the Year Ended 31 March 2024
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted Endowment
fund
funds
Total
funds
RECONCILIATION OF FUNDS
Total funds brought forward
1,630,612
47.625
1.678,237
TOTAL FUNDS CARRIED FORWARD
1,709,168
52,468
1,761,636
11. FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At l April 2024
Additions
Disposals
Revaluations
1,310,996
151,3021
145,3911
At 31 March 2025
1.214,303
NET BOOK VALUE
At 31 March 2025
1.214,303
At 31 March 2024
1,310,996
There were no investment assets outside the UK.
Page 15
continued...

Stroud and Rodborough Educational
Charity
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
12. INVESTMENT PROPERTY
FAIR VALUE
At l April 2024
Addition / (Disposals}
401,113
At 31 March 2025
401,113
NET BOOKVALUE
At 31 March 2025
401,113
At 31 March 2024
401,113
The Stroud and Rodborough Educational Charity owns freehold property lin addition to the above
mentioned) known as the Stroud School of Science and Art. The historical cost or fair value cannot be
measured reliably and therefore is not recognised within the financial statements.
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditors
Other creditor5
1,189
1,980
1,189
1,980
3.169
3.169
Page 16
continued...

Stroud and Rodborough Educational
Charity
Notes to the Flnancial Statements- continued
for the Year Ended 31 March 2025
14.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.25
At 1.4.24
Unrestrlcted funds
General fund
1.709,168
174,1281
13291
1,634,711
Endowment funds
Endowment funds
52,468
17861
329
52,011
52,468
17861
52,011
TOTAL FUNDS
1,761,636
174,9141
1,686,722
Net movement in fund5, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrirted funds
General fund
164,722
1194,198)
144,652)
174.1281
Endowment funds
Endowment funds
1,502
12461
12,042)
17861
1,502
1246}
12,0421
17861
TOTAL FUNDS
166,223
1194.4441
146,6941
174,9141
Page 17
continued.

Stroud and Rodborough Educational
Charltv
Notes to the Financial Statements - continued
forthe Year Ended 31 March 2025
14. MOVEMENT IN FUNDS- continued
Comparatives for movement in funds - 2024
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
1,630.612
79,144
1588)
1,709,168
Endowment funds
Endowment funds
47.625
4,255
588
52,468
TOTAL FUNDS
1,678.237
83,399
1,761,636
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrirted funds
General fund
122,740
1134,8391
91,243
79,144
Endowment funds
Endowment funds
1,458
18401
3,637
4,255
TOTAL FUNDS
124,198
1135,6791
94,880
83,399
Page 18
continued...

Stroud and Rodborough Educational
Charity
Notes to the Financial Statements - continued
forthe Year Ended 31 March 2025
14.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
Transfers
between
funds
At
31.3.25
At 1.4.23
Unrestricted funds
General fund
1,630,612
5.016
1917)
1,634,711
Endowrnent funds
Endowment funds
47.625
3.469
917
52.011
47,625
3,469
52.011
TOTAL FUNDS
1,678,237
8.485
1,686,722
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above, are as follows:
Incoming
resources
Resources
expended
Gains and Movement
1055es
in funds
Unrestricted funds
General fund
287,461
1329,037}
45,675
4,099
Endowment funds
Endowment fund5
2,960
{1,0851
2.511
4,386
2,960
{1.0851
2,511
4,386
TOTAL FUNDS
290,421
1330,122)
48,186
8,485
Pa8e 19
continued...

Stroud and Rodborough Educational
Charitv
Notes to the Financial Statements - continued
forthe Year Ended 31 March 2025
15.
RELATED PARTY DISCLOSURES
One Nominative Trustee is a representative from the Feoffees Charity of which Trustees make
donations to the Charity. Total donations received during the year were £9,634.
16. OTHER TANGIBLE FIXED ASSETS AND LEASES
In addition to the investment properties and the Stroud School of Science and Art building, the Charity
owns land and buildings currently occupied by Marling School and Stroud High School. Under clzuse
20 of the Charity Commission Scheme and the Trust Deed, Trustees may continue to allow, as
appropriate, the land and buildings for their use for educational purposes.
Page 20

Stroud and Rodborough Educational
Charity
Detalled Statement of Financial Activities
forthe Year Ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted Endowment
funds
funds
INCOME AND ENDOWMENTS
Donations and legacies
Donations
9,634
9,634
5,225
Investment income
Rents received
Investment income
Deposit account interest
50,394
39,967
486
50,394
41,159
796
55,825
41,421
488
1,192
310
90,847
1,502
92,349
97,734
Charitable activities
Insurance
Stroud District Council
13.149
51.091
13.149
51,091
15,204
6,035
64,240
64.240
21,239
Total incoming resources
164,721
1,502
166,223
124,198
EXPENDITURE
Charitable activities
Buildings Insurance
Management commissions
Property expenses and repairs
Prizes
School of Art expenses
Grants to institutions
Grants to individuals
15,405
4,509
9,276
15,405
4,509
9,276
246
97,729
44,305
10,119
12,689
3,715
3,642
846
812
42,595
21.588
246
97,729
44,305
10,119
181,343
246
181,589
85.887
Support costs
Management
Website costs
Carried forward
186
186
186
186
468
468
This page does not form part of the statutory financial statements
Page 21

Stroud and Rodborough Educational
Charity
Detalled Statement of Financial Activities
for the Year Ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted Endowment
funds
funds
Management
Brought forward
Telephone
Printing and stationery
Postage
Clerk's fee5
186
136
207
102
10.341
186
136
207
102
10,341
468
102
181
345
9,714
10,972
10,972
10,810
Finance
Bank charges
89
89
103
Governance costs
Legal and professional fees
Atcountancy and examiner's fee
1,221
2,040
1.794
1,794
1,794
1,794
3,261
Total resource5 expended
194,198
246
194,444
135,679
Net expenditure before gains and losses
129.4771
1.256
128.2211
111,4811
Realised recognised gain5 and105ses
Realised gain51llosse5) on fixed asset
investments
11,3021
11.3021
12361
Net expenditure
130,7791
1.256
129.5231
111.717)
This page does not form part of the statutory financial statements
Page 22