CHARITY REGISTRATION NUMBER.. 311570
Higgs & Cooper Educational Charity
Unaudited Financial Statements
31 March 2025
HARPER SHELDON LIMITED
Chartered 8ccounlanls
Midway House
Slaverlon T6chnology Park
Herrick Way, Staverton
Chellenham, Glos.
GL516TQ

Higgs & Cooper Educational Charity
Financlal Statements
Year ended 31 March 2025
Page
Trustees, annual r8POrt
Independent examiner's report lo the Iruslees
Slalemenl of financial activities
Slalement of financial position
Notes lo the financial statements

Higgs & Cooper Educational Charity
Trustees, Annual Report
Year ended 31 March 2025
The Iiuslees present Ihelr report and the unaudited financial slalemenls of Ihe charSly lor the year
ended 31 March 2025.
Refe￿nce and admTnistratFve details
Registered charity t>atne
Higg5 & Coop&r Educallon21 Chailly
Charfty reglstratlon number
311570
Principal offS¢e
37 8eeGhe5 Road
Charllon Kings
Lh8llenham
Gloucest8rshire
GL53 8NL
England
The trustees
Mrs A Boy8S
A Macfadzean
A Rose
F Connor
G Plgoll
M Babbage
P Ayloll
J R C Woollpy
IAppoinled 14 Deoemb8r 20241
Independent examiner
SK Sheldon FCA
Mkjway House
Slavoilon Technology Park
Herrick Way, Staverton
Chellenham, Glos.
GL516TQ

Higgs & Cooper Educational Charity
Trustees. Annual Report fconfinugd)
Year ended 31 Nlarch 2025
stTUCtur91 goverllan¢e and marlagement
The lull name of Ihe ¢h8rily is Ihe 'Higgs anil Cooper Educalional Charily. and Its iegistered numbgr
is 311Jf70 and ils Clerk, with effecl from l April 2024, is Miq M Fletcher. 11 w3s sel up under a
scheme d21ed 13 Fobruaiy 1976 and Its affalis are oonlrolled by 9 Trustees. The Ch8llenh&tn
Borough Council and Ihe GIOU￿Stershlre County Goun¢il eadi nominate Iwo'fruslees.
The Cuirenl Tiuslep5 are..
Co-oplallve..
P Ayloll
Mis A Boyes ICBCI
M Babbage IGCCI
F Connor
A Ma¢fadiedn
W Parlrldg8 lapwint&d 20 May 20251
Mr G Pigolllchairmanl
A Rose
J Wo()Ilpy lappolnled 14 Dec&mber 20241
Oblectlves and actlvitles
The Charily prowd8s grants lo individuals, schools and olhef charflies lor a wide range of educakn'Dnal
purposes Including, bul nol limiled to..
M21ari818 for u88 in the School curriculiim" Uniforined
organ15alions Ith2rilablel lo conducl their aclivilies (for example Scouilng, Glds, Bilgadel Support for
Indlvkluals golng on school Iiips or und8rlakin9 exliaGuiiiculai aGlivilles Ilor example youlh choirs or
inlern21ional Ineelings of youlh oiganisalionsl Support for indlviduals in furthoi and hi9hei education
Support for IndI￿aUal$ underlakng vocational cour888.
Appll¢anl$ lor 2 granl must fall inlo on8 of lh8 following group5'.
Individuab up lo the age of 25 who weie born inlo households normally resldenl In, 01 who are
currently ie5ideTrl in, the former urbèn d￿51[￿1 ol Charllon Kings.,
School8 and org8nls8lion51n the
benefiGial area- In the case of 'organisalions', Ihe charily's scherne $1SpulalES Ihal these musl 21so be
regislered as ¢hariti8s.
The'fruslees meet fouT lime% ￿ year, nnnnally in the firsl weeks ol March. Jun8, Sept8mber (when the
AGM 18 normally hold) and Dwmber. Appllcallons ar& made in Wfiling lo the Gleik and presÈnled
by the Clerk al the meellngs.
AchlÈvements and pÈrforinance
Funds have acaJmulat8d over the y8ars. patbcularly since the Coronav1rus p2ndemic in 2020-2021.
Although 8clpie consideration is belllg. ylven lo means by which aw8ien8ss of IhB chaiily may be
raised, during the year under review IhÈ volume ofapplic81ions reillained low.
In th9 year undei. review th8 Truslges aided 18 individuals, one school and 1 charitable 0rg2n1sal￿n at
a lolal cosl of £1D,150. Th15 Cotnpared wilh 12 individuals by dii£ct giants, O schoo15 and 1
organi5alion Icharilablel with educational projects of various sorts al a total ¢Dsl of £12,097 in (h
pievious year12023-241.

Higgs & Cooper Educational Charity
Trustees. Annual Report
Yoar 9nded 31 March 2025
Finin¢lal rovlew
Thc cliarily began the year wllh a balanco of £33,104.d5 al Lbyds Bank £35,577.7Y wlh the
NS&I. Nl year end 2024-2J Ihe lIgur￿¥ wero £36,828.21 ILloyd$ Curronl accounll, £JO,104.67 (Lloyds
D8posll accounll £35.934.54 INS&II.
The Cliarily liolds a suitab16 Inveslinenl poill(&o through QulliÈr Chavkil and IliÈ valu8 as al 31 March
2025 WBS £1,079,459.39. ThÈ Chailly also ln8iiilains s Lloyds W[r￿n1 &ccounl lo cover al le&$1 ong
ytsarfs oulgoings 8nd Ihe balance ol Ihls bank accounl as al 31 M8r¢h 2025 was E36,828.21.
During Ihe year. the Trustees decided lo ￿0￿e the N81ithial Saviiigs aiid Insuran￿ accounl Ilie
Cliariiy wa¥ uslng lo hold addllion21 cash re5eives and allfjr ITansfe¥iing £10,OW lo sel up a Lloyd5
business 5aving8 account, lh# bahnc$ ol monies wa5 re-invssled in IhE Qiilllor Cheviol investment
lund durliig the 2025126 fiiianLial perbd. Al 31 Marcli 2025. the Lloyd5 busines% savings a¢counl
balanc#w85 £10,IQ4.fj7.
The Charlly genpiHlpd incomo of £27,572 and Incurred expenditur8 01 £46.276 duilng Ihe ye3r.
9ener81ing a dellL'II nf £2D,703
Resèrvès pollcy
The diarily altns lo ke￿ wilhln Ils Iiives1rn811l inwme and ils pD11¢y 1$ not lo erode the capi181011is
Inv?$lmenlB so Ihal 51 can continué ID seive lh& ¢01
unlly olCh3rllon Kings IOT many years lo come.
Trie Iruslfr¥s' annual report w85 approved on....
Iiuslees by..
Biid slgned on b8h81f of Ihe board of
G ￿￿011
Truslee

Higgs & Cooper Educational Charity
Independent Examin81's Report to the Trustees of Higgs & Cooper Educational
Charity
Yeai endèd 31 March 2025
I rewti lo Iha Iruslags on my examln?lion DI Ihe financial sldlemei)ts of Higgs & Gooppr Educational
Charily I'lhe charity) foi the year ended 31 March 2025.
Responslbllities and b&sis of Yeport
A8 Ihe Iiuslees of Ihe chdilly you ar8 respoiisible foi IhB prep8r311on of the financial slalemenls In
accordance with the requirameiils of the Chailtles Ael 2011 Clhe A¢t'l,
I report in iespeGI ol my examination of Ihe phaiilvs linan¢ial slalemenls carried out undei se¢lion 146
of the 2011 A¢1 and In cariying out my examindli(In I ha￿ follow8d all the applicable DlreGlions giveii
by the Charily Commission un(ler se¢tion 14515llbl of Ih8 Acl.
117dopondent ?xamineT'5 5tatÈment
I have compleled my 6xaminalion. I collflrm Ihat no malorial mallers h2ve com8 to my allenllon in
connection wilh the examination givlng me cause lo believe that in 2ny material ie5pecl-.
ac¢ounllng records were nol kept In reswct ol the charily as required by sedw)n 130 of the
Act., or
the lin8nGig1 slelemenls do nol 8ccord wilh those records.. or
the finaii¢ial s121emenls do not compty with Ihe applicable requiremen18 concerning the
feim and ¢onlonl ol accounts sel oul in Ihe C112rllies (Accounts and Repodsl RÈgulaliDns
2008 Olher than any ￿qUIremen1 that the 8ccounls glve a'irue and fair vlew which is not a
mallei considered as part ol an independenl examinalbn.
I have no concerns and have come acr055 tEo olher mallÉr$ in connection with Ihe ex8tninalion lo
wh1sh allenlion should be (frawn in this repori in ord&r lo 8nalAe a proper understanding of the
a¢coun18 lo b8 18ach8d.
Sheldon FCA
Indepeiident Exatniner
Midway House
Slaveilon Technok>gy Paik
Herrick Way. Slavetioii
Chellenham, Glos,
GL516TQ

Higgs & Cooper Educational Charity
statement of Financial Activitie5
Year ond8d 31 March 2025
2026
Unreslri¢led
funds Total funds Tolal funds
2024
Nole
Income and Endowments
Investfflenl income
27,572
27,572
27,572
27.572
24,399
Yot81 In¢om&
24.399
Expendlture
Expendilure on raising fund5'.
Inveslmenl management co&tS
ExpendllLire on ehaiilable a¢tiviti8S
Total expenditure
8.086
13,410
21.496
8,086
13,410
21,496
7,418
13,347
20.763
Nel l1oss8sllgalns on inv8simenl$
P5.8791
125,8791
98,029
Npt lexpenditurellincome net mov9ment In funds
119,8031
119.8031
101,665
Re¢onclllatlon of funds
Total funds broughl fotward
Total lunds carried forward
1.180.450
1,160,647
1,180,450
1.160.647
1.078.785
1,180,45D
Th8 51alem8nl of financ121 activities include8 all gains and ￿5&0$ r8cogn156d In th? year.
All income and exp8ndituie derive ffom ¢onlInui￿ aclivllles.
Tho notes on pauts 7 to 12 forir part Df thesè fln8n¢lal statements,

Hlggs & Cooper Educational Charlty
statomgnt of Financlal Positlon
31 March 2026
2025
2024
lot¢
Flxed a$$ets
InvBsimenl
13 1,079,459
1.112,428
CurrenEa58pI¥
CsBh al bank gnd in hand
82,869
70,004
CredltQl8'. amount5 falllng duè wlthiD one yetsy
NBt¢uy¥ent assets
Total a$sels It¥$ Current llabll1￿es
14
1,680
81.188
68,024
1.180.450
1,180,450
1,160,647
Neta8$elg
1,160,647
Funils olthÈ charity
Unieslrided lunds
1,160,647
15 1.160,847
1.180,4tJO
1.180,450
These flnand81 slatomonly wèrè appr(wed by the board of Iruslees &nd aulhol￿ed for Issue OTJ
and on> signed on behalf of the board by..
S P￿011
Trus19e
Th• nDtsS on PByes 7 10 12fviTn ol Ihostfliianclal slaiemenls.

Higgs & Cooper Educational Charity
Note5 to the Flnancial Statements
Yèar end&d 31 March 2025
Genelal Iiiloymation
The ¢harily is a publiG beiittfil enlily and a rogi818r&d eharily In England £nd Wales and Is
unincorpoialèd. The 2ddres5 01 the prlnclpal office IS 37 Beeches Road, Charllon King5,
Chelleiiham, Glou¢eslershiie. GL53 BNL, England.
statement of compllanoe
These linan¢ial slalemenls have been prepared In GDnIplian￿ wlh FRS 102, 'The Financial
Reporilng Standard applicable In the UK and lh8 Republlc of 118land', tlie S121em8nl of
Recommetlded Pradlce applicab12 to chdrilies preparing their accounts ITr a¢¢ordance with the
Fin2ncial Reporting S18nd8rd appll¢abl8 in the UK £nd Republic of Iieland IFRS 1021 Icharilies
SORP IFRS 10211 and Ihe e.harilles Act 2011.
A¢¢ountlng pollcle5
Basis OF proparatlon
The flnancial slalements have been prepared on the historlcal cost basls. as modiliad by th8
revaltjalion ol ¢8rtain lin&n¢ial ass8ls and liabililie5 and investment propÈrties measuod al falr
value Ihrough income or expenditure.
The lii)2nci81 sl8lemenls 8re prepared in sterling, which l& the functional wrr8nw of the enlS1y.
Golnu concom
There are no material unwtalntS&$ aboul the chaiily's abllily to continue.
Judgetnents and key sources of estimation unfjertalnty
The preparat￿￿ ol lh# financial slalemeD15 r￿qUIreS managetnenl lo make ludgemenls.
èslimales and a%sumplions Ih81 effÈcl Ihe amounls repc)ried, Thes8 estimales and judgemeTrls
ale conllnJ3lly reviewed 3nd a￿ based on experlen¢e and other faGlors. including expe¢ialions
of future evenls Ihat ale believ8d lo be rea50tTrablp und8r the circvtn51ances.
Fund accounting
Unresliicl6d funds 2Ie avallable lor use al the discrellon of the Iiuslees lo lurth&i any of the
Chaiily's purposes.
Oesignaled lunds 81e unreslrictad funds 6arms￿e￿ by Ihe Iluslees for particular fulure project or
¢ixnmilmenl.
Reslricled funds are subj8cled lo rÈstridions on Iheir expèndilure declared by the donor or
through the Iprms of an appeal. and f811 inlo ol Iwo sub-classes.. reslrlcled income lunds or
endowtnenl funds.

Higgs & Cooper Educational Charity
Notes to th8 Flnancial Statèments leoniiAuod)
Year ended 31 March 2025
AcGounllng policies Icontlnued)
Investhient 5ncome
All incomlng resources are inolud8d in the slalemenl of financial a¢livilifrs when enlillement has
passed to Ihe charity., il 1% probable Ihal Ihe economic bBnefils associated wllh the IiansaGlion
wlll flow lo Ihe charily and Ihe amc)unl Gan be reliably measured. 'fhe following specific pollcies
are applied lo partlGular cale9ories of in(A)me'.
income Irom donations or granls is recognised when Iher81s evILlon(￿ of enlillemenl lo the
glft, receipt is probaN8 and ils arnoLinl can be mèasured iellably,
legacy InGom8 is recognis&d when reGelpl Is PTobable and enlil18m8nl Is eslab118h8d.
income from don&led goods Is tneasured al lh8 fsii value of the goods unless Ihls is
iMpra￿le￿I lo measure reliably, In whlch case the valu918 deinied from the cost lo the donor
or lh9 esliillated resale value. Dmaled facilllleg and 5eNlces are 18coqnlsed in lh8
accoun15 when received if Ihe value can be rellably measuied. No aMoun15 arg iD¢luded foi
th8 conliibulion of general volunt8ei5.
income from contraols lor Ihe supply ol sorvices is recognised with lh& delivery of Ilie
contracted setvi¢e. This is classified as unie5tii¢léd funds unless ther8 is a conlraclu£l
requirL+m8nl for il to be spent on a parf￿uIar purpo%e and returned if unspent, in wh￿h cas8
il may be regarded a5 reslilcled.
Re60urce5 expenderf
Expendilure is r8COgiiispd cin ali scciuals basis as a liability 18 Incurred. Expgndilure indudes any
VAT which cannot b& lully re￿vertsd, and is das5ilied undgr headings ol the slalwn8nl of
rinancial aCtI￿lIeS lo which tt relal8s'.
expendilure ralglng funds inGlude5 the Costs E>f all fundraising acIDI1￿.88, evenis.
non-¢h2rilable trading activities, the sa18 01 donaled goods.
expenditure on charitable aclivilies include5 all ¢osls ineuired by a ch8rlly In undgrtaking
activities that furthei Its Gharilabl8 aiffls for IhÉ b&n8fil ol ils beneficiaries, including those
support tosls and cosls Iclaling lo the governance of the ¢harily apporiiunÈd lo ch81ilablp
actlvilies.
olhÉr expenditure include5 all expfyndilur8 Ihal is neither related lo rdisiag funds for the
charity nor part of ils expenditure on chaiilable 8¢1ivilies.
All ¢osls ale alEo¢aled lo expendlturè calegories rellecling the u5È of the resou￿ Dir8Ct cos15
beiween the activitigs Ihey conlribulE lo on a r8a50nablp, justifiab￿ and coiisislenl basls.
Investmènts
Unllsled eqully inweslmenls are Inillalty recorded al cost, and subs8quenlly m8asur8d al fair
walua. If raif value fjannol be reliably measure(J, as￿1$ are measured al cosl less Impairment.
Ll.%18d inveslrnénls ale measur8d al falr value wllh chatYJe5 In fair value belng recognised i
income or expendi111￿.

Higgs & Cooper Educational Charity
Notes to the Financial Statements l¢ontinuedJ
YÈar ended 31 March 2025
Actounting policies Iconllntssdl
Impalrment of flxed assets
A review for Ind1¢91ors of impairtnenl is Larri8d out al oTracli reporting dale, willi the reGoveratle
amoiinl being eslim81ed where such indiG8101s exlsl. Wherg the caiiylng value exce8ds Ihe
recoverable amounl, the asset is impaiied ac(￿rdInglY. Plior impslrmenls are also revi8wed for
possible reversal al tTrafyh repotbng dale.
For the purposes ol impaitment testing. when il Is not possI￿e lo osllmale Ihe ￿COverab
amounl of an individLial asset, an È$limale is made of thè r8coverable amount ol th8
C8sh-generaling unil to whiGh Ihg ass81 belongs. The ca8h-yeneialing unil Is the smallest
idenlifiable group DI assels that InclLJdes the asset and generbles (xsh inflows thal laigely
Indepondenl ol the c2sh inflows ffom olher ass&ts or group5 01 assets.
Foi iTnpalrmenl losling of goodwill. the goodwill acqiiiied In a bu8iness cornbinalivn Is, from Ihe
acqiiisilion dale. alloc&led lo ea¢h of the cash-generaling units that ale expe¢led lo benefit frotn
the syn&igl88 of the ¢omblnalion, irr8specllve ol whether other 8ssels or liabililies of the charity
a￿ asslgned to those unlls.
Inveslmont income
Unreslricled Total Funds Unreslricled Tot81 Funds
Funds
2025
Funds
2024
Incoffl8 from ¢ash inveslnien15
Ballk inleresl recelvable
18,370
9,202
27,572
18,370
9,202
27,572
17,307
7,092
24,399
17,307
7.092
24.399
Invostment rnanag8m8nt C05ts
Unr8stricted Total Fvnds UnTeslricled Total Funds
Funds
2025
Funds
2024
Adminislrglion ol Invo$lm8nls
8.086
8.086
7,416
7,418
Expgnditure Dn ¢haritabl8 aCtivitlP5 by fund type
unrest[￿led Total Funds Unreslricled Total Funds
Funds
2025
Funds
2024
Granls paid lo individuals
Grants paid Its schools
Granls paid to olher Drganisalion5
Support costs
9,800
9,800
6,892
350
5,355
950
6.692
350
5.355
350
3,280
350
3,260
13,410
13,410
13,347
13,347

Higgs & Cooper Educational Charity
Notes to the Financial Statements fconlinuodj
Yoar ended 31 March 2025
Expondlture on charitablè activities by actlvity typo
Grant fundlng
Suppr)rt Total fund5
costs
2025
Tolal lund
2024
Grants pald lo indDiiduals
Gianls paid to SGhools
Gran15 pald lo ollier organisalions
Govemance costs
9.800
9,800
6,692
350
5,355
950
350
350
3,260
3,260
10.15D
3,280
13,410
13,347
Analy818 of grants
2025
2024
Grants to In$tltutlon8
Gr2nls lo schools
Granls lo other organi5allons
350
5,355
350
350
5,705
Giants to Indlvlduals
Grants ID Indlvldual8
9,800
6,892
Totsl giants
10.150
12,397
Net Ilos5esllgains Inve5ttnpntS
Unreslrlcled Total Funds Unr8slrict8d Total Funds
FuDds
2025
Funds
20?4
Galnsllbsgosl on cash hdd for
Investn￿nI purposes
G8insllbssesl on olher inveslmenl
asse15
121.0851
121.0851
58.852
58,852
14,7941
125,8791
14,7941
125,8791
39,177
98,029
39,177
98,029
10. IndepÈndent Èxamlnatlon fees
2026
2024
Fee5 payable lo the IndependÈnl Èxamlner IDr.
IndepETrndenl eKamlnation ol Ihe financial slalemenls
900
1. Stafl costs
The avera9e head ¢uunl of employees during the year was Nil12024.. Nil)
No employe8 ieceiv8d employ88 benefi18 of morg than £60,000 during Ihe ye8r12024.. NID.
10

Higgs & Cooper Educational Charity
Notes to the Financial Statem8ntS IcfjnlinueLI)
Year ended 31 March 2025
12. Trustee remunoratlon and expensÈ$
No rgmuneralion or other benelils from employment wllh lh8 chailly or a related entily wei&
iec&wed by the IIu81ees.
No Irusle& expenses have been Intyjrred.
13. Investfflent8
Cash or
Gash
equlvolents
C05t or val￿atIon
Al 1 Apiil 2024
Additions
Disposa18
Fair value movement5
Other movemènls
1,112,426
65.416
168.0711
121,0851
19.2271
1,079,459
At 31 Mar¢h 2025
Impalrmenl
At 1 April 2024 and 31 March 2025
Catrylng amount
At 31 March 2025
1.079,459
1.112,426
Al 31 Mar¢h 2024
All Inveslmenls shown above are held 81 valuation.
14. Creditors: amounts falling dlte wlthin oiie year
2025
2024
A¢¢iu3ls and deleired income
1.e80
2,580
15. Analy515 of charltable funds
UnrestrlGtgd funds
At
Gains and 31 March 20
losses
2S
Al
1 April 2024
Income Exwdilui'e
General funds
1,180.450
27.572
P1.4961
125.8791 1,180.647
Al
1 Aprll 2023
Galns and 31 March 20
bssES
24
Income Expendrture
General lunds
1.078,785
24,399
120,7631
98,029
7,180,450
11

Higgs & Cooper Educational Charity
Notes to the Finan¢lal Statements (conih)JodJ
Year ended 31 March 2025
16. AnaSysls of nBt a888t$ betweeh funds
Unreslrlcled Total Funds
Funds
2025
Inveslmenls
Curr8nl assels
Credi10181888 Ihan 1 yeaT
Net assets
1,081.529
82,867
12.5801
1.161,816
1,OBI,529
82,887
12,5801
1,161,816
Unreslricled Told Funds
Funds
2024
Inveslm8nls
U¥￿￿1 a8s(*Is
Ciedilors less Ihan l year
Not assets
1,112,428
70,604
12,580)
1,180,450
1,112,426
70,604
12.Jf801
1,180,4JO