2025-04-05-accounts - The Leonard Chadwick Charitable Trust

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THE LEONARD CHADWICK CHARITABLE TRUST

ANNUAL REPORT FOR THE YEAR TO 5 APRIL 2025

The Leonard Chadwick Charitable Trust formally of Flat 16, 41 Queen’s Gate Terrace, London SW7 5PN, and is now of Broadmead Farm, West Knoyle, Warminster, Wiltshire, BA12 6AE is registered with the Charity Commissioners (Reg. No: 327630) and constituted by Trust Deed dated 5 November 1987.

The Charity is administered by its Trustees who are:-

Mr John Dawson Mr Matthew Dawson (Correspondent)

The Trust’s Bankers are National Westminster Bank.

The Trust’s Financial Advisers are Investec Wealth & Investment, 2 Gresham Street, London EC2V 7QN.

The Trust’s Independent Examiner is Giuseppe Pascucci ATT

The Trust’s Objects are to benefit such charitable purposes as the Trustees shall in their absolute discretion think fit.

Trust Policy and Principal Donations

The Trustees’ Policy is to use the major part of the Trust income in supporting a fairly large range of charities within specific areas. These areas and the principal charities supported during the year are as follows:-

Animal Welfare

Brooke Hospital for Animals

UFAW (Universities Federation for Animal Welfare)

Humane Slaughter Association

SPANA (Society for the Protection of Animals in North Africa)

World Animal Protection

Education

Nettlebed Primary School

Prisoners’ Education Trust

Oxfordshire Dyslexia Association

Clare College, Cambridge

Farms for City Children

Environment

CPRE (Campaign to Protect Rural England)

The Homeless

Centrepoint

Crisis

St Mungo’s Trust

Arts

The Welsh National Opera

Sundry Others including

Time and Talents Association

Centre 70

The Village Hall at Russells Water

St Botolph’s Church, Swyncombe

Medical Aid Palestine

The Island Trust

Finances during the year 2024-2025

At the beginning of the year the Trust held a cash credit balance of £6,544.73. This was made up of a Capital debit balance of £82.57 and an Income credit balance available for donations of £6,627.30.

The overall Capital position is as follows:

06/04/24	CAPITAL CASH Brought Forward (Debit Balance)	00.00	82.57
30/05/24	National Grid Rights Issue, 2,452 shares sold @£1.456075p	3,472.82
10/06/24	Fees		289.66
09/09/24	Fees		287.26
09/12/24	Fees		282.13
09/01/25	Fees		96.13
08/04/25	Fees		275.87
05/04/25	CAPITAL CASH Carried Forward (Credit Balance)	00.00	2,435.07
		3,472.82	3,472.82

The cash credit balance at the end of the year of £12,587.61 (last year £6,544.73) was made up of the abovementioned Capital credit balance of £2,435.07(last year £82.57 debit) and an Income credit balance available for donations of £10,152.54 (last year £6,627.30) which the Trustees consider to be a satisfactory sum to carry forward.

Accounting pursuant to the Charities Act

The Trust’s Accounts for the year are attached to this Report; they are in the form that the Trustees have used historically and prefer to continue to use. However there follows a summary of those Accounts put in the form referred to in the Charity Commission’s Guide “Accounting for the Smaller Charity”, i.e. as recommended in the Charities SORP, and an expansion namely a statement of assets and liabilities.

Receipts and Payments Account - General Fund

		This Year	This Year	Last Year	Last Year

Receipts	Income from Investments	43,885		41,471
	Bank Interest		0	0
	Other Receipts		0	0
	Investments sold etc (Capital items)		3,473	0
		47,358		41,471

Payments	Donations	40,000		40,000
	Investments purchased	0			0
	Examiners fees	360			300
	Investec Fees	955			1,064
		41,315		41,364


Balance	Brought forward from last year		6,545		6,438

Balance	In hand Capital		2,435		- 82
	Income	10,152			6,627
		12,588			6,545

Receipts and Payments Account – Restricted Fund

The Trust has no restricted fund.

Permanent Endowment

The Trust has no permanent Endowment.

Statement of Assets and Liabilities as at Financial Year End

Monetary Assets

		This Year	This Year	Last Year

Cash at Bank	Current account	10,069.97		1,546.21
Cash at Rathbones	Income account		0.00	2,453.32
	Capital account		2,517.64	2,545.20
		12,587.61		6,544.73

Liabilities:

None

Non-Monetary Assets

Stock exchange investments at the present time regarded by the Trustees as being Capital and held in the jointnamesofthe Trustees as listed below with year-end valuation by Investec as at 05/04/25:	Stock exchange investments at the present time regarded by the Trustees as being Capital and held in the jointnamesofthe Trustees as listed below with year-end valuation by Investec as at 05/04/25:	Stock exchange investments at the present time regarded by the Trustees as being Capital and held in the jointnamesofthe Trustees as listed below with year-end valuation by Investec as at 05/04/25:	Stock exchange investments at the present time regarded by the Trustees as being Capital and held in the jointnamesofthe Trustees as listed below with year-end valuation by Investec as at 05/04/25:	Stock exchange investments at the present time regarded by the Trustees as being Capital and held in the jointnamesofthe Trustees as listed below with year-end valuation by Investec as at 05/04/25:	Stock exchange investments at the present time regarded by the Trustees as being Capital and held in the jointnamesofthe Trustees as listed below with year-end valuation by Investec as at 05/04/25:
						.
	7,200GlaxoSmithKline PLC 31.25pOrdss—=~CS~S~S~=«s TTS «i102,078	3,673 Shell PLC€ 0.07 24.8175 91,155
			6,657	Marks&SpencerPLC IpOrd	3.6315	24,175
				60,480 4,331 17,219	Legal&General PLC 2.5p Ord Murray IncomeTrustPLC25pOrd TescoPLC6.33333pOrd	2.225 7.82 3.4005
	3,514	WhitbreadPLC76 122/153pOrd	24.325	85,478
	14,610	MerchantsTrustPLC25pOrd	4.87	T1514
					1,349 8,409 730 11,615	IntercontinentalHotelsGroupPLC20.85pOrd NationalGridPLC 12.43pOrd BritishAmericanTobaccoPLC25pOrd TheBritishLandCompanyPLC25p Ord
9,000.				HaleonPLC IpOrd TOTALValueofstockexchangeinvestments CapitalCashCreditbalance	3.8355	34,520 889,943 2,435
		CAPITAL		892,378

(Sgd) MH Dawson M H Dawson for and on behalf of the Trustees

LEONARD CHADWICK CHARITABLE TRUST 06/04/24- 05/04/25

		Receipts	Receipts	Receipts	Payments	Payments	Balance	Nominal	Nominal
Date	Description	Dividends	Other Inc.	Capital	Donations	Other		Credits	Debits
6/4/24	BalancesB/F from05/04/23
	7,200 GlaxoSmithKlinePLC 31.25p Ord							7,200.00
	3,673 Shell PLC € 0.07							3,673.00
	6,657 Marks & Spencer PLC1p Ord							6,657.00
	60,480Legal& General PLC2.5p Ord							60,480.00
	4,331 MurrayIncomeTrustPLC25 p Ord							4,331.00
	17,219TescoPLC 6.3333p Ord							17,219.00
	3,514 WhitbreadPLC76122/153p Ord					`		3,514.00
	14,610MerchantsTrustPLC25p Ord							14,610.00
	1,349Intercontinental Hotels GroupPLC20.85p Ord							1,349.00
	8,409NationalGridPLC12.43p Ord							8,409.00
	11,615TheBritish Land CompanyPLC25p Ord							11,615.00
	730British American TobaccoPLC25p Ord							730.00
	9,000Haleon PLC1p Ord							9,000.00
	Cash						6,544.73
30/05/24	NationalGridRightsIssue			3,472.82			10,017.55
30/06/24	INVESTECWEALTH Nomineeincome to 5/7/24	15,819.37					25,836.92
08/07/24	StBotolph's SwyncombePCC				500.00		25,336.92
08/07/24	FarmsforCity Children				1,000.00		24,336.92
08/07/24	SPANA				3,000.00		21,336.92
08/07/24	BrookeHospital for Animals				3,000.00		18,336.92
08/07/24	Welsh NationalOpera				2,000.00		16,336.92
08/07/24	Medical Aidfor Palestinians				2,000.00		14,336.92
08/07/24	WorldAnimal Protection				2,000.00		12,336.92
17/09/24	INVESTECWEALTH Nomineeincome to 5/10/24	14,657.41					26,994.33
28/10/24	Time andTalents				1,000.00		25,994.33
28/10/24	CPRE				2,000.00		23,994.33
28/10/24	Crisis				2,000.00		21,994.33
28/10/24	StMungo's				1,500.00		20,494.33
28/10/24	Centrepoint				1,000.00		19,494.33
28/10/24	Humane Slaughter Association				2,000.00		17,494.33
28/10/24	UFAW				2,000.00		15,494.33
28/10/24	OxfordshieDyslexiaAssociation				2,000.00		13,494.33
06/01/25	INVESTECWEALTH Nomineeincome to 5/1/25	6,562.77					20,057.10
20/01/25	VillageHallatRussellsWater				1,500.00		18,557.10
20/01/25	Prisoners' Education Trust				2,000.00		16,557.10
20/01/25	CPREOxfordshire				1,000.00		15,557.10
20/01/25	TheIslandTrust				2,500.00		13,057.10
20/01/25	NicholasHammondFoundation(Clare College, Cambridge)				2,000.00		11,057.10
20/01/25	Nettlebed School				2,000.00		9,057.10
20/01/25	Centre70				2,000.00		7,057.10
05/03/25	Pascucci& Co,Examinersfee					360.00	6,697.10
09/04/25	INVESTECWEALTH,Nomineeincome to 5/4/25	6,845.69					13,542.79

LEONARD CHADWICK CHARITABLE TRUST 06/04/24- 05/04/25

	BANK INTEREST received during year		0.00				13,542.79
	INVESTECWEALTH,Fee charges during year					955.18	12,587.61
		43,885.24	0.00	3,472.82	40,000.00	1,315.18

05/04/25	Balances C/Fto 06/04/24:
	7,200 GlaxoSmithKlinePLC 31.25p Ord								7,200.00
	3,673 Shell PLC € 0.07								3,673.00
	6,657 Marks & Spencer PLC1p Ord								6,657.00
	60,480Legal& General PLC2.5p Ord								60,480.00
	4,331 MurrayIncomeTrustPLC25 p Ord								4,331.00
	17,219TescoPLC 6.3333p Ord								17,219.00
	3,514 WhitbreadPLC76122/153p Ord								3,514.00
	14,610MerchantsTrustPLC25p Ord								14,610.00
	1,349Intercontinental Hotels GroupPLC20.85p Ord								1,349.00
	8,409NationalGridPLC12.43p Ord								8,409.00
	11,615TheBritish Land CompanyPLC25p Ord								11,615.00
	730British American TobaccoPLC25p Ord								730.00
	9,000Haleon PLC1p Ord								9,000.00
	Cash						12,587.61
	ToBalanceNominalCredits andDebits							148,787.00	148,787.00


	(Sgd)M H Dawson
	M H Dawson forand onbehalfoftheTrustees

	Date21/11/25


	Notes
	1. 30/6/24 income made up of income from Investec - £18, 364.57 minus £2,545.20. The £2,545.20 was income that was paid by Investec in this period but should have been in the last period (April 24). It was accounted for in last period so needs to be removed from this period
	2. Fees have been paid out of Capital funds. In previous years money was transferred from income to capital to pay for fees. This year as there have been cash in the capital account Investec have taken it from here and not replaced from Income account.

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Independent examiner's report on the ac-
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Section A Independent Examiner’s Report
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Report to the trustees/ members of |THE LEONARD CHADWICK CHARITABLE TRUST

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On accounts for the year | 5 April 2025
ended
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Charity no | 327630
(if any)
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Respective responsibili- The charity's trustees are responsible for the preparation of the accounts. ties of trustees and ex- The charity’s trustees consider that an audit is not required for this year unaminer der section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. It is my responsibility to:

examine the accounts under section 43 of the 1993 Act,
¢ to follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the 1993 Act, and
e to state whether particular matters have come to my attention.
Basis of independent ex- My examination was carried out in accordance with general Directions given aminer’s statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examin- |n connection with my examination, no matter has come to my attention er's statement 1. which gives me reasonable cause to believe that in, any material respect, the requirements: e to keep accounting records in accordance with section 41 of the 1993 Act; and
¢ to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act
to have not been met ; or which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.

Name: | Guiseppe Pascucci

ee Relevant professional |Accountant qualification(s) or body (if any):

Address: PASCUCCI & CO, Park House, PO Box 522. Park Street, SLOUGH, SL3 6YU