Charfty No. 310815 CH RO EDUCATI NAL FOUN ATJ TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 SPENCER FELLOWS & Chartered Accountsnts 169 New London Road ChelmsFord CM2 OAE
CHELMSFORD EOU ATION L FOUNDAnON TRUSTEES, REPORT YEAR ENDED 31 ecem 2025 Th Chelm8for(l E(tucational Foundation (Chartty Registralion No 3108151 was originally funde(J from the pro¢eeds of the sale of the British School liattertythe Friars. School) gnd isgovern8d by a Schem8 88tablished byihecharity Commisslonèrs in 1968 assincèamended. most receniiy in 1995 (the scheme). The Foundaiion's officioladdress is 19 Rushleydale. Chelmsford. Essex. CM1 6JX. The Secretaryofthe Foundatlon is Mr R Emsden. The Foundation's objects are deiaiw in the scheme and may bo summ8ri8ed as being to apply the net yearly incorne of the Foundation in the promotion ol education wsthin the Beographical area prescribed by the Scheme: including partiGularly to provide atany sehool ben8fitwhSeh is not provi¢Jedlrorn public monies-io promote bymeansofgwants the educationoi person8 resident In or who h8ve been pupi15 8t a s¢hooL or srAth form college In the Said area who in tho Trustaès. opinion are in nèed Of financial assistance- and to make grantsto ch8ritabla organisations in the said area. Iho obj8Ct8 olwhich Includ8 promotion of education of persons in need of fin8nclal Bs8lStance. The area of benefit is the former Chelmsford Municlpal Borough and Chelmsford Rural Disirici 3n(J tha civil p8rishgs of Ingatesione, Fry8rning and Mountnes5in& The Tw¥teos' Qapltai 18 an 8ndowmont to be invest•d to produce future Income, thereby 811owing payments of grant to be meintaine<l in real i•m8 in tuture 9T. The account8 also identlfy accumulated incom8 which 18 required to 8nsure on dequmte cashflowto fvnd ant p8ymgnts and gen8r81 expenditure nd1Trg receipt offurther incomèfrom the endowment. CEF hold8 8uffSei8nt resèrves to cover the budgeied paymentsthrou6hout the forthcoming year. The grant8 budget forthe yèar is made with rglerenc8 to ihe r68erv89 held and antieipaied invèstrnent in¢omo. Invg8iment income is recelved quarterty an¢J as such r8serv8s aro reviewed to ensure there 8re always Sufficieni fund8 to cover ptym?nts. The reserv•3 8Te rewowed annu811y 8nd at 31 December 2025 the ehartty hat1 É75.176 In unre8trleted hJnd$ and É1.045.130 in its endowmentfun¢J. The Tru¥tees ochleve the Obiecis ol ihe Foundatlon by meeting three times in the year. to feviow polici08. including th¢ recruliment and ir8lnin8 ol trustat$. and io con8id¢r Applications for and to authori8e gfant$ in one or mor8 Ot the said cat8gories. The trustoescon$idertheguid8nce on public benefit issued bythe ChaTityCommissionwhen agreeingor deelining g&ch grant during trust8e8' meeting$. During th• year grantstotalling £19.OOOwore awarded 10 12 p8rsonal applicants. Pursuant to the Statemgni of Recommended Practic8.' Accounting and Raportln8 ty Ch8rities. pubi¢shed in March 2fy)S. tha Foundation h88 &186 to preparè only a reeeipts and paym•nts account and 8 8tatementof a$8ets and liabilltl8$. NamesofTrustee5'. Mrsjackle Arnot Mr5Janet Chaplin Mr Paul Church Mrs P?mela Fitch Cllr Mike Mackrory IE5sex crr Council) Cllrjulia Frascona Ichelmsfgrd CttyCourill Mr5 Carol Wi150n (from 091071251 Mrjohn Burrow Mrs GwÈn H3$On Mr Peters Jackson Cllr Sue Young Ichelmsford city COu*cl Mr Graham Seeley Mr5 Ahmed 5i8ned PeterJack50n Ichairmanl Date.. 20 Aprll 2026
INDEPENDENf EXAMINEs REPORTTOTHETRvsfE OF CMELMSfORO EDUCATIONAL FOUNDAnoN I report on theaccounts of thechartty (registered nurnber310815lf0rtheyeeThJed 31 DeCemr 2025 whlth arÈ Set crtrt on page5 3 to S. rtNe res nsibilities of tru The tharit%Ks trustee5 a responstble forthe prepar3tion of the &counts. ThechariVstrustee5 ronsider that an audit Is not tèqulred forthis year under section 144121 of the CharltiÈSAct 2011 Ithe 2011 Attl ond that independent examinatlon Ss needed. It 15 my reSponbIlIty to= examine the accovn15 undef sectloft 145 olthÈ 2011 Att.. follow the procedLre5 laid down in the8enEral direaionswven lrythe ChantyCommi%ion under sertion 14515llbl of the 2011 Art., and state whether partlculor rrbatters have corn•to my attent. My examinat+on was carrted out In •ttordance wtth the general dlrecbons 0¥en bv ihe Charity Commi55ion. An exarnlnation ncludes è rewewof the CoUntingt(0rds kept bythe thafity•nd a comparison of theaccounts Present with those records. It¥ls0 includes consideration of any unusual Iternsor disclosu$ in the accoufi and 5eelARexplanatlonsfrom y¢xJ •s trustees concernin8any such matters. The precedure5 undertakÈm do not prOe all the evidence that woutd be required In an audlt and c(sequentIY noopinion Is 8Ivw asto wtheiher the COUnts present a-true and fair Vie and the report is 11mQd to those matters set OLrt In the statwtwit bek)w. ner. ent In tonnettion whh my examlnatlorn no matter has cometo my •ttenilon= which 8i¥e5 me reasonablecauseto bellede thiL kn any maierfal re5pett, the lreryts'. to keep accountln8 record5 In Kcordance with sethofi 130 of the 2011 Att., and to Ppare account5 which ac£oTd with the acctyjntlng records and Comp with The accountin8 rewlremenisol the 2011 have not been rnet: or to which. my oplnlor¢, attenOn Should bt dran In order wen•ble • proper udersnlnS of the accountslo t reached. 8 Ewins-jones AC4 For and on behalf of Spter Fdlow5 & Co Chartered Accotsntants 169 New London Road Chelmsford Essex (M2 OAE 22 April 2026
CHELMSFORD EDUCATIONAL FOUNDATION RECEIPTS AND PAYME ACCO FOR THE YEAR ENDED 31 DE M8ER 025 , Unrestrlrted Restyitted Endowment fund fund fuod TOTAL 24 Recelpts Investment income Interest rei¥¢d Other Income .750 29,840 1612 Total re£tipts 4234 Paymènts Grants Secretary'5 fee Accountanw fee Secre¢ary's expenses and stationery Secretary office allowèn( Use of premise5 Insuran 8ank Char8es Data protettion fee Other Expensès 19.CO) 20. 3,310 49 240 2EiI 352 352 244 47 47 Total payments Z4174 24,174 Netof rncèipts1lp•mQTrtsl Cash funds at lslj*ry fA116 66,116 4812 Cash fundsat3tst Dember 75.176 75.176 66.116
CHELMSFORD EDUCATIONAL FOUNDATION STATEMENT OF ASSETS AND LIABiunES AS AT 31" DECEMBER 2025 Note Cashfund5 CAF Baftk Current account CAF 8ank Depositaccount COIF Dèposit account 5.026 1,026 69,123 735 I,7 64,374 T¢>tsi ¢h balances 75,176 66,116 Investment assets Investmenis at market value 1.045. I,C96,979 Total ass•ts l,llO,6 1,163.C95 Funds Endowment Fund Accumulated income fund 1.045.130 75,176 LQ%,979 66.116 Totsl Funds 1.163,C85 Approved by the trustees on 20° April 2026 and signed on their behalf by. PLIEr SackJ Truste• Ichairmanl PA4 ILhJr¢.k. Trustee
CHEL FORD EDUCATIONAL FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENOED 31" DECEMBER 2025 NOTE l- Investments and Income Wirq*LL15 •Ath Va Totsi uthr To COIFCh¥lty Fynds InvesrrneDt IC8162L 53595. bund fvDd• 9572 7423. T• 'IrrnrtyFix•d Imorgstlur NOTE 2- Grants pald In the y•ar ended 311)•tember 2025 A total of 12 grants were made totalling £19.IX)O, an average of £1.583. Individual Brants awarded were beten £1,200 and £2,5OJ. A further grani of £4,OCX) was awarded but not taken up. NOTE 3-Anatrysls of net au•ts bètween funds lknrtstrkned Re#rkted Endowm•fit nd fund Tol Cash balances Investments 75.176 75,176 I45.130 IP45.130 Tolal 75.176 1.045 130 1 120 306