COMPANY NUMBER 01168472 CHARITY NUMBER 325071
THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
| Page | |
|---|---|
| 1 | Legal and Administrative Information |
| 2 - 9 | Report of the Trustees |
| 10 | Report of the Independent Examiner |
| 11 | Statement of Financial Activities |
| (incorporating the Income and Expenditure Account) | |
| 12 | Balance Sheet |
| 13 - 22 | Notes to the Financial Statements |
THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
The directors of the Charitable Company are its Trustees for the purpose of Charity law and throughout this report are collectively referred to as the Trustees.
| Registered charity name: | The Fonthill Foundation |
|---|---|
| Charity number: | 325071 |
| Company registration number: | 01168472 |
| Registered office: | 2 St Andrews Place |
| Lewes | |
| East Sussex | |
| BN7 1UP | |
| Trustees: | Mrs V J Henley BA (Chair) |
| Mrs M M Lloyd BA (Vice Chair) | |
| Mrs N Cannon | |
| Mr A E Carver | |
| Dr A Spiers (appointed 6 February 2025) | |
| Company Secretary and CEO: | Mrs C Grieves LLB |
| Professional Advisors and Bankers | |
| Independent Examiner: | V M R Anderson BA(Hons) FCA DChA |
| Chartered Accountant | |
| Carpenter Box | |
| 2 St Andrews Place | |
| Lewes | |
| East Sussex BN7 1UP | |
| Bankers: | HSBC |
| 9 The Boulevard | |
| Crawley | |
| RH10 1UT | |
| Investment Advisors: | Quilter Cheviot |
| 1 Kingsway | |
| LONDON | |
| WC2B 6AN | |
| Solicitors: | Gaby Hardwicke |
| 33 The Avenue | |
| Eastbourne | |
| East Sussex | |
| BN21 3YD |
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025
The Trustees, who are also directors for the purpose of company law, have pleasure in presenting their report and the financial statements of the charity for the year ended 31 August 2025 and confirm that they comply with the requirements of the Charities Act 2011 and the Trust deed dated 7 September 2011, the Charities SORP (FRS 102) and the Companies Act 2006.
Legal and administrative details
Legal and administrative details are shown in the schedule of members of the board and professional advisors on page 1.
Structure, governance and management
The Fonthill Foundation was incorporated as a charitable company in 1974, charity registration number 325071, company registration 01168472. The objects were revised and new Articles of Association dated 7 September 2011 approved. The objects are ‘to promote the advancement of education’.
The Trustees determine the general policy of the charity and normally meet at least three times a year to review the overall management and control for which they are responsible. The Board elects a Chairman from amongst its number and a Vice Chairman if it so wishes. The Board has the power to increase or decrease the number of its members according to the Articles of Association requiring currently a minimum of four and a maximum of twenty.
New Trustees are recruited and appointed by means of external adverts, approach by interested individuals and the Foundation’s network of charity and work contacts. Any new potential applicant will be assessed in the light of current skills audit and should they offer the correct skills they will be interviewed by the Chair of Trustees. Formal appointment is approved by a unanimous vote of the Trustees. The Chair of Trustees and the CEO are responsible for conducting an appropriate induction of any new Trustee including familiarising the new Trustee with the Foundation’s key policy and governance documents.
The Trustees have delegated day to day organisational responsibility for the running of the Foundation and its staff to the CEO, Ceetah Grieves. The CEO is required to produce an annual business plan setting out the strategic focus of the Foundation for approval by the Trustees and submit all decisions on charitable spending for the Board’s approval throughout the year. The Trustees in collaboration with the CEO will agree an annual spend for the forthcoming year based on the anticipated performance of the Foundations investments and the Trustees agreement regarding the sustainability of the Foundation. The CEO will then propose throughout the financial year project partners and levels of project spending for the Board’s approval.
The Board reviews staffing remuneration annually at its AGM, current levels of pay have been determined by researching comparative salaries in the industry.
The Trustees actively review the major risks that the charity faces on a regular basis and believe that maintaining investments at current levels, combined with annual review of the controls over key financial decisions, will provide sufficient resources in the event of adverse market conditions. The Trustees have also examined other operational and business risks faced by the charity and confirmed they have adequate systems to mitigate the significant risks.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025
Objectives and activities
In setting objectives and planning activities the Trustees have complied with the duty in section 17 of the 2011 Charities Act and have given careful consideration to the Charity Commission’s general guidance on public benefit. As stated previously the Foundation’s objects are ‘to promote the advancement of education’ and in doing this the Trustees look to fulfil the following strategy through their collective Vision, Mission and Values statement. This is as follows:
Our vision
A world where every young person has an education that inspires them to fulfil their hopes and dreams and to flourish.
Our mission
Fonthill Foundation is dedicated to transforming the lives of young people, in the UK and overseas, through educational and inspirational life experiences.
Our values
Integrity:
We will act with honesty and transparency at all times, ensuring that we are fully accountable for all that we do.
Partnership:
We will work in partnership with charities, schools and other organisations to support and add value to the work that they are already doing in order to achieve our vision.
Empowerment:
We will empower young people to help themselves, by giving them the education and life skills they need to fulfil their potential in life.
Listening:
We will listen to our beneficiaries to ensure that we work to meet their needs, and not the needs of the charity.
Our activities this financial year
This year we worked towards fulfilling our objectives by carrying out the following activities:
During the year the Foundation made direct charitable grants totalling £2,215,602 (2024: £684,418).
The previous financial year, 2023-24, was the final financial year of a five year strategic plan. Therefore, the Board and CEO held a strategy review to reflect on its charitable remit, its grant giving and all its grant giving strands. The Board and CEO analysed the post covid landscape ranging from price inflation to issues with pastoral support within schools. They also reviewed how we could adapt and update our partnerships for the next five years including continuing to offer multi-year commitments to established UK partners to give them the security to plan ahead and deliver education projects rather than fundraise.
The Trustees continued their programme of overseas visits following the success of a trip to Kenya in the previous year, which celebrated our investment in a vocational centre serving a community in an informal settlement in Nairobi.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025
This year, the Trustees completed a long-planned visit to Ghana, postponed due to the pandemic. The visit provided an opportunity to build closer, more in-depth relationships with our Ghanaian partners and to develop a deeper understanding of the country’s education system and challenges.
The Trustees also considered annual grant spending balanced against income from investments and the Charity’s agreed lifecycle. The Board agreed the Charity would have a standing item on its agenda to consider the Charity’s legacy, and whether there may be one or two ‘signature’ projects which resonate with our key programme strands and would preserve our legacy beyond our charity timeline. This proved an exciting development with the investment of the Charity’s first legacy project.
Finally, we allocated staff time to update our internal systems and website to ensure greater awareness, fairness and easier access to all external applicants wanting to learn more or apply for our various grant rounds on offer.
This financial year continued some common threads of grant funding, which the Board felt were still closely connected with our charitable aims, with the following programmes strands:
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Expansion of the build and local resources elements of the overseas programme through direct partnership working. To focus our support on the most economically marginalised countries and to countries we felt we could have a good level of oversight and engagement with. We look to support well structured, sustainable programmes with an acceptable level of risk.
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Partnering with local education establishments and other organisations to enable life changing experiences for UK students and young people enabling young people from the UK, often those who are struggling to find direction, are disengaged with education or who have low hopes and aspirations, to take part in activities that help broaden their experiences, whilst developing their skills, aspirations and mindset. Engaging in activities away from the formal classroom setting that take young people out of their comfort zone, stretching and challenging their thinking, can offer something that truly changes participants' outlook on life. From experience we know that young people come through with more confidence, a sense of pride and achievement in what they have done, a deeper respect and a new outlook on life. These opportunities can be truly life enhancing.
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Continuing to deliver larger partnership projects in the UK through the UK Programme enabling our local community partners to deliver additional educational impact. Since the start of the charity we have worked with many UK project partners delivering a wide range of exciting and collaborative education projects. These projects have helped young people build new skills, enhanced or given new learning opportunities for those in need, and focused on enhancing education opportunities for all.
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Community Grants Programme for local level education project support. Through this programme we have enabled organisations to apply for small grants to support a diverse range of local projects, from literacy projects to resilience training for young people. In addition to the larger partnership programmes, we feel it is important to collaborate with and support small, worthwhile, local projects that need a little helping hand to get started, or to keep delivering their great work.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025
5. Legacy Project(s). As our charity approaches the later stages of its planned lifecycle, the Trustees have begun to place an increased strategic emphasis on legacy. This includes identifying and evaluating a significant charitable project or partnership that aligns closely with our ethos and long-standing objectives. The intention is to make a meaningful, lasting investment that will extend the impact of our work beyond the charity’s operational timeline, ensuring that our values and charitable aims continue to deliver benefit well into the future. In particular we looked at charities we have worked with closely and are local to the Sussex area.
We continued to focus our work within these key agreed areas of our business plan whilst being aware we needed to work extremely closely with our existing project partners to ensure we continued support, introduced during the pandemic, which we felt was still essential. In particular, we recognised the significant work our local primary school community was continuing to do to help their students ‘catch up’ from the pandemic dealing with unprecedented levels of pupil anxiety. We listened to their needs and agreed to continue for a further year the temporary grant support we had started during the pandemic to make available funds for play therapy and counselling.
We are very proud that we continued flexible support for many of our longstanding partners this year; listening to their needs and helping them adapt and assist their students to continue to engage with their learning. Despite all the educational and economic challenges faced in the UK and Overseas rebuilding from the global pandemic, through the business plan structure of programmes we continued to deliver a very varied and productive range of projects during the financial year, these are as follows:
Overseas Programme
During the 2024-25 financial year we travelled to Ghana to review and expand our network and visit existing project partners. We continued our work in partnership with existing charities and expanded our work within Ghana following our visit. In 2024-25 we supported the following: -
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In partnership with Ocean Stars , Sri Lanka, we assisted with the seventh year of their roll-out of their preschool child development and teacher training programmes across their network of pre-schools. The programme supports the improvement of early years teaching practice and quality, along with improving teachers’ methods for child assessment. We also supported a three-day residential training conference for their network of pre-school teachers and continued a feeding programme within their pre-schools to ensure their pupils were well fed as the country entered an unprecedented economic situation.
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In partnership with EduSpots , Ghana, we supported their digital expansion programme across their community owned library-education spaces called ‘Spots’ in rural Ghana. With a Fonthill staff visit during this year to visit various ‘Spots’ including those within local school communities and those adjacent to schools and assess the educational impact for the communities and the local schools.
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In partnership with PEAS, Ghana we visited their Northern Ghana hub and saw the results of their pilot sustainable school improvement programme, which continues to be funded by us. The programme works alongside the Ghanaian government to strengthen government schools teaching, learning and attainment by improving teaching practices and school culture.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025
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In partnership with Sabre Education, Ghana we visited their training centres for early years education set within teacher training colleges and saw the implementation of their early childhood practices in local school nurseries. Despite Ghana having a play-based curriculum at government policy level teachers often lack the training, resources and skills to deliver it. This is where Sabre steps in to provide this training and resources and to impact child learning outcomes in these early years.
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In partnership with Salt Pond Education, Ghana we completed the stalled build of a secondary school project attached to a primary school that provides fee-free education to children from a rural fishing community, who would otherwise have no access to education. Their aim is to break the cycle of poverty that often affects fishing communities in Ghana.
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In partnership with Raising Futures, Kenya, we celebrated the completion a project to finance the build of a new vocational centre for their training college based in the informal settlement area of Dageretti, Nairobi and continued our tailored support for all three of the Raising Futures vocational centres following a visit in early 2024.
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In partnership with The Quicken Trust we continued the support for the Fonthill Vocational Centre in rural Uganda supporting training of skills to those young people who would otherwise be unable to access skills based vocational training.
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After a return visit to three primary schools during our Kenya trip that we had been connected with a few years ago in the informal settlement areas of Dagaretti, Nairobi we committed a small grant to these three private primary schools to enable them to raise standards and improve welfare for their pupils.
UK Programme
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In partnership with Spear Brighton , we funded a cohort of young people through their award-winning Spear Foundation course which focuses on 16-24’s facing barriers to work, overcome the challenges they are facing and find and succeed in sustainable employment.
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In partnership with Brighton & Hove Community Kitchen , we continued a further year of primary school cooking and nutrition workshops for seven schools based in Brighton & Hove who would otherwise not have access to such facilities or learning opportunities. Furthermore we helped them initiate a series of outdoor environmental learning sessions for local primary schools and youth groups at Stanmer Park.
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In partnership with Villiers Park Education Trust we continued our support of their Future Leaders programme, working with young people within a group of their pattern schools in Hastings to develop their leadership skills and future aspirations.
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In partnership with IntoUniversity Brighton we continued our assistance of their long-term educational support, pastoral care and one-to-one mentoring of pupils in the most disadvantaged areas around the Brighton, with the aim of bringing higher education within the reach of the students from these communities.
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In partnership with The Change Foundation we continued from the previous year, a programme called ‘Rugby 4 Change’ tackling county lines awareness through sport in two local Brighton primary schools located in the areas of highest economic deprivation.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025
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In partnership with The Russell Martin Foundation we continued a KS2 mentoring project in Brighton and Hove working with primary school pupils as they transition into two local secondary schools. The focus of this programme is to improve attendance and well-being in the early years of secondary school for pupils who are facing challenges during this time of transition, through a supported mentorship programme and in turn foster academic progress.
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In partnership with Hindleap Warren we continued to run fully funded residential activity trips for three primary schools in areas of high deprivation in Sussex to ensure whole class participation.
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In partnership with South Downs National Park Trust we supported their apprentice ranger scheme at Plumpton College and a fund for local schools to apply for to support outdoor learning trips & activities in the national park..
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In partnership with Little Green Pig we continued a programme of after school creative writing clubs for vulnerable pupils at a primary school in Worthing including dedicated transition work for Year 6’s.
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In partnership with Prept (formerly Table Talk Foundation) we supported a food skills programme for local primary schools and a ‘Chef on the Farm’ project delivered at Plumpton College.
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In partnership with Jamie’s Farm, Lewes we supported three school residential visits for disadvantaged pupils from local schools.
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In partnership with David Shepherd Wildlife Foundation we developed and started the implementation of a curriculum linked secondary school conservation programme pilot and a series of library-based conservation activities for young children.
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In partnership with Team Domenica we funded their specialist post-16 education provision for young people with disabilities focused on learning employability skills through their training cafe and work experience.
Small Community Grant Programme
Through our Community Grants Scheme, we were pleased to support a dynamic and diverse range of local projects. During the year, we awarded fifteen grants of up to £5,000 each, enabling community-led initiatives to deliver meaningful impact across a variety of settings and beneficiary groups. This included support for organisations such as Dens and Signals’ school-based performing arts project, Family Support Initiatives working with SEND families, and Impact Initiatives’ transition intervention programme, each addressing specific local needs and contributing to improved outcomes for children, young people and families. In all we funded 15 projects with grants totalling £67,153.
Primary Outdoor Residential Awards
The charity’s primary outdoor residential grants programme for Year 5 or Year 6 pupils in Sussex continued to be a central strand of our work in this year, with a clear focus on supporting schools located in areas of highest deprivation and with the highest profile of disadvantaged pupils through an external application process. These settings often face significant financial and logistical barriers to external opportunities, meaning that without targeted grant support, pupils would be unlikely to access outdoor residential experiences as part of a school cohort. By supporting these schools, this grant strand enables whole-class participation in activities that build confidence, resilience and social development. Ensuring that children who might otherwise be excluded are able to benefit from these formative opportunities alongside their peers. We funded a further 20 residential trips through this grant process.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025
Schools Therapy Support Programme
In response to, and informed by, the ongoing long-term impact of the pandemic on the wellbeing of pupils within our local schools, that is additionally being exacerbated by the current cost of living crisis, the charity has continued this strand of our grant programmes that was originally developed through our Pandemic Recovery Fund. This strand of funding supports schools in addressing increased demand for counselling and play therapy, enabling targeted, school-based interventions. During the year, we funded sixteen local primary schools to deliver counselling and therapeutic support, helping to address emerging and persistent emotional and mental health needs among pupils. We have found that offering in school, sustained, longer-term support significantly enhances outcomes for both schools and pupils, in contrast to short-term interventions which are less able to deliver meaningful and lasting impact.
Legacy Work
At the end of 2025, we were delighted to complete our first legacy-funded project at Jamie’s Farm in Lewes . As a long-standing local partner, Jamie’s Farm’s educational ethos strongly reflects our own values. When the unexpected opportunity arose for the charity to purchase the farm and secure this as its permanent Sussex base, Fonthill was proud to step in with a significant grant to help make this possible. This also enables Jamie’s Farm to conduct a comprehensive refurbishment of the farm to bring it up to modern standards and adapt the facilities to meet the needs of their educational visits & programme delivery.
Alongside this, within our legacy focus we fully funded the planning application for the Federation of London Youth at Hindleap Warren for their application to build a new bespoke accessible accommodation block for their youth based activity residentials. This is in response to their capital investment plan that includes bringing the centre's accommodation up to date and fit for purpose, and for the charity to be able to offer more flexible accessible accommodation for SEND school groups.
Overarching all the delivery of this financial year and our strategic discussions was consideration for our overall charitable impact and what elements the Trustees wished to focus on to ensure Fonthill’s impact and legacy continue after our charity’s time horizon. Above all, we continue to endeavour to listen to our partners and respond flexibly to the needs they identify.
The charity continues to employ a part-time CEO (Ceetah Grieves) who fully oversees the operation and direction of the charity, and who is supported by a part-time Projects Manager (Laura Ward). The organisation’s staffing needs are currently fully served and are considered as a standing item at each Trustee meeting.
Financial review for the year and reserves policy
Income for the year amounted to £106,714 (2024: £153,098). Expenditure on charitable activities was £2,363,073 (2024: £824,753). Gains on investments were £14,109 (2024: £542,735) resulting in a net deficit of £2,242,250 (2024: deficit £128,920). Total funds carried forward were £2,601,216 (2024: £4,843,466).
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025
The Trustees wish to ensure that the level of reserves and investments are sufficient to enable the Charity to continue to make grants to suitable applicants for the medium term, subject to any further decisions on legacy spending. Despite the challenges of the continuing global economic uncertainty our investments remain healthy and therefore the Trustees are of the view that the Trust is a going concern. This year's expenditure on charitable activities has exceeded previous years as we were delighted to have been able to implement a legacy style investment. The Trustees intend to continue grant spending in line with previous years and consider at each board meeting any future possibilities for extending their legacy.
Statement of Trustees responsibilities
The members of the Board of Trustees, as Trustees and Directors, are responsible for preparing the Report of the Trustees and the financial statements. The Trustees have chosen to prepare financial statements for the company in accordance with United Kingdom Generally Accepted Accounting Practice (UK GAAP). Company law requires the Trustees to prepare such financial statements for each financial year which give a true and fair view of the state of affairs of the Company and of the surplus or deficit for that period and comply with UK GAAP and the Companies Act 2006.
In preparing these financial statements the Trustees are required to:-
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select suitable accounting policies and then apply them consistently;
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state whether applicable accounting standards have been followed, subject to any material departures and explained in the financial statements;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safe-guarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
By order of the Board:
2 St Andrews Place Lewes East Sussex BN7 1UP
Mrs C Grieves Company Secretary
Date: 12th May 2026
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INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF
THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
I report on the financial statements of the Trust for the year ended 31st August 2025, which are set out on pages 11 to 22.
Responsibilities and basis of report
As the charity’s trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the financial statements of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s financial statements as carried out under section 145 of the Charities Act 2011 (the ‘2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s report
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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(1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
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(2) the financial statements do not accord with those accounting records; or
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(3) the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
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(4) the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
V M R Anderson BA(Hons) FCA DChA Chartered Accountant Carpenter Box 2 St. Andrews Place Lewes East Sussex BN7 1UP Date: 12th May 2026
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST AUGUST 2025
| Unrestricted | Unrestricted | ||
| Note | Funds | Funds | |
| 2025 | 2024 | ||
| £ | £ | ||
| INCOME | |||
| Investment income | 2 | 106,714 | 153,098 |
| EXPENDITURE ON: | |||
| Charitable activities | 3 | 2,363,073 | 824,753 |
| (2,256,359) | (671,655) |
||
| Net gains on investments | 14,109 | 542,735 | |
| NET (EXPENDITURE) | (2,242,250) | (128,920) | |
| Total funds brought forward | 4,843,466 | 4,972,386 | |
| TOTAL FUNDS CARRIED FORWARD | 2,601,216 | 4,843,466 |
All the above amounts relate to continuing activities.
The notes form part of these financial statements
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
BALANCE SHEET AS AT 31ST AUGUST 2025
COMPANY NUMBER 01168472
| Note FIXED ASSETS Investments 6 CURRENT ASSETS Debtors 7 Cash at bank and in hand CREDITORS:Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL NET ASSETS THE FUNDS OF THE CHARITY Revaluation reserve Unrestricted income funds |
£ 1,894 49,636 51,530 (9,189) |
2025 £ 2,558,875 42,341 2,601,216 71,674 2,529,542 2,601,216 |
2024 £ 4,760,555 1,756 87,071 88,827 (5,916) 82,911 4,843,466 334,409 4,509,057 4,843,466 |
|
The Charity is entitled to exemption from audit conferred by Section 477 of the Companies Act 2006 for the year ended 31st August 2025.
The members have not required the Charity to obtain an audit of its financial statements in accordance with Section 476 of the Companies Act 2006.
The trustees confirm that they are responsible for:
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a) ensuring that the Charity keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006,
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b) preparing financial statements which give a true and fair view of the state of the affairs of the Charity as at the end of the financial year and of its results for the financial year in accordance with the requirements of Sections 394 and 395, and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Charity.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved on behalf of the Board of Trustees on 12th May 2026
Mrs V J Henley - Trustee
The notes form part of these financial statements
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
1. ACCOUNTING POLICIES
Basis of Accounting
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102, effective 1st January 2019), hereafter referred to as the Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Fonthill Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
Income
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.
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Voluntary income received by way of grants, donations and gifts are included in full in the statement of financial activities when receivable. Grants, where entitlement is not conditional on delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
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Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these financial statements.
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Investment income is included when receivable.
Legacies
Legacies are recognised as receivable once probate has been granted provided that significant information has been received to enable valuation of the Charity’s entitlement.
Fund accounting
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Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
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Designated funds are unrestricted funds earmarked by the Trustees for the particular purposes.
Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be recovered and is reported as part of the expenditure to which is relates.
- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It also includes those costs associated with meeting the constitutional and statutory requirements of the charity.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
Financial instruments
Financial assets and financial liabilities are recognised when the Charity becomes a party to the contractual provisions of the instrument. Investments are included at market value at the balance sheet date. Any gain or loss on revaluation is taken to the Statement of Financial Statement.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the assets as follows:-
Computer equipment - over three years
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments. The trustees seek to use short and medium term deposits where possible to maximise the return on monies held at the bank and to manage cash flow.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
2. INVESTMENT INCOME
| 2. INVESTMENT INCOME |
||
|---|---|---|
| Unrestricted | Unrestricted | |
| 2025 | 2024 | |
| £ | £ | |
| Income from UK listed investments | 100,722 | 152,902 |
| Interest received | 5,992 | 196 |
| 106,714 | 153,098 |
3. EXPENDITURE
Charitable activities:
Grants and project costs Staff costs and consultancy fees Insurance Storage Printing, postage, stationery and telephone Travel Computer expenses and website Bank charges Legal fees General expenses Loss on disposal of fixed assets Governance costs: Accountancy fees Investment managers fees |
2025 Total £ 2,215,602 99,192 2,521 2,112 1,825 12,298 8,777 353 5,056 5,161 - 7,228 2,948 2,363,073 |
2024 Total £ 684,418 94,986 2,778 1,757 1,940 18,482 11,160 524 - 1,855 819 5,997 37 824,753 |
|---|---|---|
Charitable activities represent the charity’s following projects:
-
Continuation of the build and local resources element of the overseas programme through direct partnership working.
-
Partnering with local education establishments to enable life changing experiences for UK students.
-
UK Programme. We continued the scope of finding locally based projects to help young people develop their education and learn new skills, always focusing on education opportunities for all.
-
Community Grants Programme. Our support for this programme allowed a very wide range of varied local Sussex projects to deliver community-based education projects.
-
Schools Support Programmes. Funding enabled in-house therapy and counselling delivery and residential outdoor education opportunities for primary school pupils.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
4. GRANTS AWARDED
| Recipient | Project | £ |
|---|---|---|
| Overseas Programme Awards | ||
| Ocean Stars, Sri Lanka | Support in Sri Lanka for a residential teacher training weekend for pre-school teachers across Ocean Stars supported schools |
12,500 |
| EduSpots, Ghana | Delivery of Ignite Programme across fifty community owned education spaces in rural Ghana |
16,301 |
| Sabre Education, Ghana | Support to construct teacher training resource centres at Early Childhood Education Colleges |
21,000 |
| Saltpond Education, Ghana | Completion of building works to the Junior High School facility and improvement work to the primary school buildings |
6,905 |
| PEAS, Ghana | Continuation of the programme to enrich basic education standards through school development progammes in Lawra region of Ghana & capitol improvement works in two additional schools |
32,000 |
| The Quicken Trust | Support for Fonthill Vocational Centre running costs | 13,350 |
| Raising Future, Kenya | Support for delivery cost of Seed to Hope training programmes at the vocational centres |
16,150 |
| Lizpal School, Kenya | School improvement programme | 3,000 |
| Excel School, Kenya | School improvement programme | 3,015 |
| Herri Junior School, **Kenya ** |
School improvement programme | 3,015 |
| Recipient | Project | £ |
| UK Programme Awards | ||
| Jamies Farm | Legacy funding | 1,500,000 |
| Hindleap Warren, Legacy | Legacy preliminary funding | 63,390 |
| Spear Brighton | Funding to support cohort of young people to complete the award-winning Spear Foundation programme |
12,720 |
| Brighton & Hove Community Kitchen |
Delivery of Primary School cooking & nutrition workshops in Brighton & Hove |
22,500 |
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
| Villiers Park | Future leaders programme to support development of young leadership skills and aspirations in secondary schools in Hastings |
16,854 |
|---|---|---|
| IntoUniversity | Long-term educational support for pupils in areas of deprivation in Brighton & Hove |
11,770 |
| The Change Foundation | Delivery of Rugby4Change programme focused on county lines education through rugby as an engagement tool |
15,044 |
| Russell Martin Foundation | Continuation of the KS2 transition programme with cohort of Brighton&Hoveprimaryand secondaryschools |
32,000 |
| Hindleap Warren | Residential activity trips for three schools in areas of high deprivation in Sussex |
40,615 |
| South Downs National Park Trusts |
Supporting SDNP’s Apprentice Ranger programme and provision of outdoor learning opportunities for school across Sussex |
26,500 |
| Little Green Pig | Delivery after-school writing club for children in area of disadvantage in Sussex |
8,000 |
| Prept (Formally Table Talk Foundation) |
Primary school food & hospitality programme incorporating Chef on the Farm farm visits |
22,000 |
| Jamies Farm | Support for three schools to attend award-winning residential farm stays for young people from disadvantaged backgrounds |
24,000 |
| Team Domenica | Delivery of specialist post-16 education provision for young people with disabilities |
5,000 |
| David Shepherd Wildlife Foundation |
Development of curriculum linked secondary school conservation programme, and library-based conservation activities for young children |
20,000 |
| Brighton & Hove Food Partnership Stanmer Gardens |
Outdoor learning workshops for local Brighton primary schools and summer teenage groups sessions |
18,480 |
| Community Grant Awards | ||
| Dens & Signals | Schools performing arts project | 4,894 |
| Tuppeny Barn | Young carers support programme | 5,000 |
| Brighton Womens Centre | Toybox early childhood education programme | 5,000 |
| 1st Petworth Scouts | Adventure equipment provision | 3,750 |
| Brighton Marina Studios | Dance training and qualifications for young people | 4,930 |
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
| Priory School | Jamie’s farm residential trip | 4,000 |
|---|---|---|
| Pregnancy Options Centre | In-school sex, health and relationships education | 5,000 |
| Goodwood Education Trust | Farm and forest schools programme for disadvantaged young people |
5,000 |
| Impact Initiatives | Transition intervention programme in Brighton Primary Schools |
4,917 |
| Prison Family Support | Parenting & child training programmes Lewes prison | 4,965 |
| Debbie Stevens Wellbeing | Primary school intervention to support pupil wellbeing | 5,000 |
| Carlton Hill Primary School | Outdoor learning programme | 3,519 |
| Brent Lodge Wildlife | Respect & protect wildlife education programme | 3,800 |
| Family Support Work | SEND friends club supporting young people with additional needs |
2,378 |
| Recipient | Project | £ |
| Schools Therapy Support Programme Awards | ||
| St Marks, Brighton | Funding to deliver school-based counselling and therapy support |
6,000 |
| Moulsecoomb, Brighton | Funding to deliver school-based counselling and therapy support |
7,000 |
| Benfield, Portslade | Funding to deliver school-based counselling and therapy support |
7,000 |
| West Green, Crawley | Funding to deliver school-based counselling and therapy support |
5,640 |
| Bewbush Academy, Crawley |
Funding to deliver school-based counselling and therapy support |
7,000 |
| St Mary Magdalene, Brighton |
Funding to deliver school-based counselling and therapy support |
7,000 |
| Hangleton, Hove | Funding to deliver school-based counselling and therapy support |
7,000 |
| Fairlight, Brighton | Funding to deliver school-based counselling and therapy support |
7,000 |
| Brunswick, Brighton | Funding to deliver school-based counselling and therapy support |
7,000 |
| Cottesmore St Mary, Hove | Funding to deliver school-based counselling and therapy support |
7,000 |
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
| Ore Village, Hastings | Funding to deliver school-based counselling and therapy support |
7,000 |
|---|---|---|
| Carlton Hill, Brighton | Funding to deliver school-based counselling and therapy support |
7,000 |
| The Laurels, Worthing | Funding to deliver school-based counselling and therapy support |
7,000 |
| The Baird, Hastings | Funding to deliver school-based counselling and therapy support |
7,000 |
| St Andrews, Crawley | Funding to deliver school-based counselling and therapy support |
7,000 |
| Woodingdean, Brighton | Funding to deliver school-based counselling and therapy support |
14,000 |
| Recipient | Project | £ |
| Primary Outdoor Residential Awards | ||
| Coombe Road Primary | Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
5,000 |
| St Marys Climping | Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
1,500 |
| St Pauls Primary | Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
2,900 |
| King Offa Primary Academy, Bexhill- Aurora Academy |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
5,000 |
| Milton Mount School, Crawley |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
5,000 |
| Herons Dale Primary, Shoreham on Sea |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
2,000 |
| Balfour Primary, Brighton | Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
5,000 |
| GLF Schools - Southgate Primary, Crawley |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
5,000 |
| Palatine Primary School, Worthing |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
2,700 |
| Albourne Primary, Albourne |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
2,100 |
| Patcham Junior, Brighton | Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
5,000 |
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
| Hertford Junior School, Brighton |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
3,300 | ||
|---|---|---|---|---|
| St Mary Magdalene, Brighton |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
2,500 | ||
| Brunswick, Brighton | Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
5,000 | ||
| Cottesmore St Mary, Hove | Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
5,000 | ||
| Rudyard Kipling Primary School, Brighton |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
4,100 | ||
| Oakwood Primary Academy, Eastbourne |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
4,600 | ||
| St Marks Primary, Brighton |
Funding to enable Yr 5 or Yr 6 pupils to attend an outdoor activity residential trip |
5,000 | ||
| Total | 2,215,602 |
Page: 20
THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
5. STAFF COSTS AND EMOLUMENTS
| 2025 £ Wages and salaries 84,377 Social security costs 4,981 Pension costs 3,010 92,368 Particulars of employees Number of charitable activities staff 2 The number of employees receiving remuneration in excess of £60,000 p.a. is as follows:- 2025 £65,001 - £70,000 - £70,001 - £75,000 1 |
2024 £ 84,848 4,033 5,874 94,755 2025 2 2024 1 - |
|---|---|
The key management personnel of the company comprise the trustees and the Chief Executive Officer. The total employee benefits (which include salary, pension, employee benefits and employers national insurance net of employers incentive) of the key management personnel were £70,805 (2024: £68,194).
6. INVESTMENTS
| Movement in market value 2025 £ Market value at 1st September 2024 4,760,555 Acquisitions at cost 3,556,325 Disposals at opening market value (5,785,480) Net gains/(losses) on revaluations in the year ended 31st August 2025 27,475 Market value at 31st August 2025 2,558,875 Historic value at 31st August 2025 2,487,201 Analysis of investments at 31st August 2025 Total Funds 2025 Listed investments £ Fixed interest 1,908,891 Global equities 649,984 2,558,875 |
2024 £ 4,893,422 23 (632,916) 500,026 4,760,555 4,426,146 Total Funds 2024 £ - 4,760,555 4,760,555 |
|---|---|
Assets are held primarily to provide an investment return for the charity.
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THE FONTHILL FOUNDATION (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
7. DEBTORS
| Prepayments REDITORS Social security and other taxes Accruals |
2025 £ 1,894 2025 £ 2,469 6,720 9,189 |
2024 £ 1,756 2024 £ - 5,916 5,916 |
|
|---|---|---|---|
8. CREDITORS
9. RELATED PARTY TRANSACTIONS
No trustees received remuneration from the charity, nor were they reimbursed for expenditure incurred in the performance of their duties as a trustee. There were no other related party transactions requiring disclosure.
10. TAXATION
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied exclusively to charitable purposes.
11. COMPANY LIMITED BY GUARANTEE
The company is a registered charity limited by guarantee and having no share capital. Each member of the company undertakes to contribute to the assets of the company, in the event of the same being wound up while they are a member, for payment of the debts and liabilities of the company contracted before they cease to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves, such amount as may be required not exceeding £5.
Page: 22