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 &18￿6￿ 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 cr￿r￿ Council)
Cllrjulia Frascona Ichelmsfgrd CttyCour*ill
Mr5 Carol Wi150n (from 091071251
Mrjohn Burrow
Mrs GwÈn H￿3$On
Mr Peters Jackson
Cllr Sue Young Ichelmsford city COu*c￿l
Mr Graham Seeley
Mr5 Ahmed
5i8ned PeterJack50n Ichairmanl
Date..
20 Aprll 2026

INDEPENDENf EXAMINE*s REPORTTOTHETRvsfE
OF CMELMSfORO EDUCATIONAL FOUNDAnoN
I report on theaccounts of thechartty (registered nurnber310815lf0rtheye￿eThJed 31 DeCem￿r 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 reSpon￿bIlIty to=
examine the accovn15 undef sectloft 145 olthÈ 2011 Att..
follow the procedL*re5 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 ￿CoUnting￿t(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 5ee*lARexplanatlonsfrom y¢xJ •s trustees
concernin8any such matters. The precedure5 undertakÈm do not prO￿￿e 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 11m￿Qd 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 ￿￿lre￿￿ryts'.
to keep accountln8 record5 In Kcordance with sethofi 130 of the 2011 Att., and
to P￿pare 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¢, atten￿On Should bt dra*n In order wen•ble • proper u￿ders￿n￿lnS of the accountslo t
reached.
8 Ewins-jones AC4
For and on behalf of Sp￿ter 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 re￿i¥¢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 De￿mber
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 be￿ten
£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
I￿45.130 IP45.130
Tolal
75.176
1.045 130 1 120 306