Charity number: 327737 The Dlana Edgson Wright Charitable Trust Trustees. report and flnancial statements for th8 year ended 31 D8c8mber 2024
The Dlana Edgson Wrfght Charitable Trust Contents Pag• Legal and administrative information Trustees, report Independent examine¢8 report Statsment of financlal actlvltles BalanrA sh8et Notes to the financlal 8tatement8 7-11
The Diana Edgson Wrlght Charltable Trust Legal and adminlstratlve Inforniation Charlty number 327737 Principal addrnss Care of: Henry Moothèad & Company Solicitors 2 St8d8 Street. Hythe, Kent CT2168D Trustees H C D Moorhead T S N Moorhead Ind•p8nd•nt Examlner Maxine Anna G8mbrfll FCCA PG Lemon LLP 134 Hlgh Street Hsrthe Kent CT215LB Bankers Natlonal WestrnlnBter Bank plc Europa House 49 Sandgate Road Folkestone, Kont CT20 1 RU Stockbrokers Tyndall Investment Management The Sanctuary Lon¢Jon SW1P 3JS Sollcltors Henry Moorhead & Company 2 Stade Street Hyth8 Kent CT216BD Page I
Th8 Diana Edgson Wright Charltable Trust Report of the Trustees for the year ended 31 December 2024 Th8 Trustees present thelr report and the financlal statemants for tha year ended 31 D8C8mber 2024. The Trustees who s8rv8d durlng the year and up to the date of this report are set out on page l . Structuro, gov•rnance and management Govemlng document The goveming document of the Diana Edgson Wright Charttable Trust is a trust deed dated 31 D8C8mb8r 1987. Appth'ntment of Trustees The board of trustees has the power to appolnt additional Iwst&ès as they see fit to do so. Decision m8klng The governing document provlde8 that the trustaas Shall pay or apply the entSrety of the annual Sncome of the trust fund to or for such charitable purposes or such charitsble foundations as the trustees shall from time to tlme in their absolute dlscretlon d8t8rmlno. Thls was subj8ct to a pwov181on that the trustee8 had the power, durfng the p8rlod of 21 years from the date of the trust deed, lo accumulate the whole or any part of the income of the trust fund as an accrotion to the capital th8r8of. The trustees ar8 also permltted to pay certaln expenses out of the Income of the trusl. Rlsks The trust8e8 have examlned the major rlsks to which Ihe trust Is exp08ed and systams have been establlshed to mitigale those risks. Funds, man8gem8nt 8nd 8dmlnl8traflon In furtherance of the trust's princlpal object, the trustees have adopted a policy of prud8nt fund Investment which provideg tho trust with a satisfactory income retum whlle providing opportunlty foe c8Pit81 grovAh. There has beon no change to thi8 policy since the last report. The trustees consult r8gulaTly between themselves and wlth thelr advisers in d8cldlng future Snve3tment pollcles and Ihe charitabla causes to which th8 trust can make donations. Objectlves and actlvlti05 Objectives 8nd aims The trust provldes publlc benefit by donatlng funds to a varlety of charilable organlsatlons. The tNstees have complied with the duty in section 17 of the Chatities Act 2011 to have due regard to guldance published by the Charty Commisslon. including public benefit guidance. Flnan¢lal rnview During the year, tha trust received Investment income of £75,290. A tot81 of £70,000 was donated to charltable causes during the year. Th8 financial stat8m8nts 8how the movements in the trust funds and the financlal poslllon of th8 trust at 31 December 2024. The trustees conslder that Ihe financial posltlon of the trust at 31 December 2024 18 satjsfactory and Its investrnent6 afft)rd adequate scope for income to fund future donations to charltable causes. The truste88 consider that the Investments confjnue lo afford further scope for long tenn future grh. Figures referred to in this Report are taken from the attached Financial Statements. which comply with the Current statutory requirements. Pag• 2
The Dlana Edgson Wrlght Charltable Trust Report ofthe Trustees for the year ended 31 December 2024 At 31 December 2024 the trust had freely availab cash funds of £18,281. It 18 the policy of the trust to mairrtain re58rv8S at 8 18V81 which enables the trustees to approve and make donations to oth8r charStsbl8 organlsatlons at appropriate Intervals during the year and to ensure that the tnjst Is able to meet any liabilitias or other commltments It may heve. Statement of trustoes. responslbllltles The Trustees are responslble for preparing tne Trusiee8' Annual Report ana the flnancial stat8ments In accordanc8 wlth appllcable law and Untted Kingdom A¢untIng Standards (Unitod Klngdom Generally Accepted Accounting Practlce). Law appllcable to charities in England and Wa18s r8qulre8 the Tru8tee5 to prepare financlal statements for each financlal year which give a true and fair view of charity and of the Incoming resources and application of resources of tha charity for that year. In preparlng these financial statements the Trustees are required to: select suitable accountlng policies and then appty them con8i8tently, observe the methods and prlnclples In the Charities SORP; make judgement8 and astlmates that are reasonable and prudent: State whether appllcable UK Accountlng Standards have been followed. subject to any materlal departures disclosed and explain8d In the financial slatements; and prepare the financial statements on th¢ golTrg concem basi8 unless It16 Inapproprfete to presume that tha charlty wlll continue in operation. The Trustees are responslble for keoplng proper accounting racords whlch dlsclose with raasonable accuracy at any tlme the financial posltlon of the charlly and enable them to ensure that the flnanclal ststements comply with the Chariti8s Act 2011 and the Charltles (Accounts and Reports) Regulations 2008. Thay are also responsible for safeguardlng the assets of thé charity and hence for t8klng reasonable steps for the praventlon and detectlon of fraud and other irregularltles. On behalf of the board H C D Moorhead Trustee Pag• 3
The Dlana Edgson Wrlght Charltable Trust Independent examinerfs report to the Truste8s on the unaudited flnanclal statements of The Diana Edgson Wrlght Charitable Trust. I report on the accounts of The Dlana Edgson Wright Charltable Trust for the year ended 31 December 2024 set out on pages 2 to 11. Respectivo responsibilities of trustses and Independent examlner As the charitys Trustees you are responsible for the preparation of th8 accounts. you consider thal th8 audlt r6qulrement of section 144(2) of the Charities Act 2011 (the Act) does not apply and that an independent 8X8mination 5s needed. It is my responslblllty to examine th8 accounts under section 145 of the Act, to folhjw the procedures laid down In tho General Dir8Ctlons glven by the Charlty Commlsslon under section 145(5)(b) of the Act, and to state whether partlcular matter8 have com8 to my attents'on. Bas18 of Sndependent examlnerfs statement My examlnatlon was carrled out in accordance wlth tho General Dlrecttons given by the Charlty Commlsslon. An examination includes a revlew of the accountlng records kept by th& charlty and a comparison of the accounts presented wth those records. 11 also includes conslderation of any unusual Items or disclosures in the accounts, and seeking explanations from you as Iwste8s concemlng any such matters. The procedures undartak6n do not provid8 all the 8videnc8 that would be required in an audit, and con8oquently I do not express an audlt oplnlon on th8 vlaw glven by the acCcnIs. Independent 6xamlnorfs statement In connection with my 8xamlnation, no matter has come to my attention: (l) which gives Me reasonable cause to b8li6v8 that In any material respect the requlrements.. to keep proper accountlng racords in accordanc8 wlth s8Ction 130 of th8 Act,. and to prépare accounts whlch accord wlth the aGcounting rncords and to comply with tha accountlng requirements of the Act have not been met; or (il) to whlch, in my opinion, 8ttentlon should be drawn In order to enable a proper understanding of the accounts to be reached. Pllaxlne Anne Gambrfll FCCA Indepondent examlner PG Lemon LLP 134 Hlgh Streèt Hytho Kent CT215LB Pagé 4
The Diana Edgson Wright Charitable Trust statement of financial activltles For the y8ar ended 31 D8cemb8r 2024 Unr¢strlctedEndowment funds funds 2024 Total 2023 Total Notes Incom6 Investment Income 75,290 75,290 66.940 Total Income 75,290 75,290 66,940 Expondlture Charitable activiti88 85,075 85,075 74,408 T¢)tsl 0XndItr? 85,075 85,075 74.408 Net Incomel(deficlency) before Inv•stmont galns {9.78S) (9,785) {7,468) Net galns1{Ios8e8) on Invo8tmont8 {2,379) (2,379) 54,429 Not Income {12,184) (12,164) 46,961 Total funds brought forward 1,553,284 500 1,553,784 1,508.823 Total funds carrl8d forward 1,541,120 500 1,541,620 1,553,784 The 5tstement of financial activiti08 Includes all galn8 and 1088es in the year and therefore a saparata statement of total recognised gains and losses has not been prepared. l of the above arnounts relate to contlnulng actlvltleg. The notes on pages 7 to 11 fomi an Integral part of these flnanclal slatements. Page 5
The Diana Edgson Wright Charitable Trust Balance sheet as at 31 December 2024 2024 2023 Notes Fixed assets Investments Current assets Capltal cash funds held by Stockbrokérs Income cash funds held by Stockbroker6 Cash at bank and In hand 1,519,489 1,530,385 1.995 3,895 18,281 20.920 918 3,601 24,171 25,439 Cr•dltors: amounts falllng due wlthln one year Net current assets {2,040) {2,040) 22,131 23,399 Net assets 1,541,820 1.553,784 Funds Endowment funds Unrestrlcted income funds 500 1,541,120 500 1,553,284 Total funds 1,541.620 1,553,784 Th& financlal statements were approved by th6 Trusteos on and slgned by H C D Moorhead Trustee The notes on pagas 7 to 11 fonn an Integral part of Ihese flnanclal statement¥. Page 6
The Diana Edgson Wright Charltable Trust Notes to flnanclal statements for the year ended 31 December 2024 Accountlng pollcles The principal accounting pollcles are summarlsed below. 1.1. Basls of accounllng The financlal Statements are prepared under Ihe hlslorical cost convention and In accordanoe wlth the Statement of Récommended Pr8Ctlce: Accounting and Reporting by Charllles preparing thelr accounts In accordance with the Flnancbal Reportlng Slandard appllcable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financlal Reporting Standard applicablè In the United Kingdom and Republic of Ireland (FRS 102) and the Charlt188 Act 2011. The Diana Edgson Wrighl Charltable Trust Trust con8titut68 a publlc benefrt entity as defined by FRS 102. The trustses con8ider that there are no materlal uncertainties about the Trust's ablllty to continue 88 a golng concem. 1.2. Cashflow The charlty has taken advantage of the exomptlon In FRS102 from the requlrement to produce a ca6hflow statement because It18 a smaller charlty. 1.3. Fund accountlng Fund8 held by th8 charlty are elthor: Unrestrlcted general fund8, which may be used In accordance wlth the charltabl8 objects at the d18cretlon of the trustee8; - Endowment funds, whlch may not ba used by the truslees In any manner. 1 A. Investments Investmerrts held ¢omprfse shares li8ted on Iho UK and oversea8 Stock Exchanges, authorfsed unlt trusts and UK Gov8rnment Stocks. The Investsnents are stated at market value at the balance sheet date and the 98in or1088 taken to the 8tatement of flnanclal activities. Investment Income Unrn8tr1cted funds 2024 Total 2023 Tolal Income from IiBted investments Bank deposit Interest 74,983 307 74,983 307 66,761 179 75,290 75,290 66.940 Page 7
The Diana Edgson Wright Charltable Trust Notés to flnancial statements for the year ended 31 December 2024 Costs of charitable actlvili8S 2024 Total 2023 Total Donations to charitable causes Anima15 in Need Ashford & Tenterdan Umbr8118 Club Asthma & Lung UK Barn Owl Tru8l Bowel Cancer UK Braln Tumour Research Brainwave Brltlsh Hen Welfare Trust Bude Scout Group HLrt Carers Support East Kent Cats ProtsctSon Challengers Childrèn Today Clovms In th8 Sky Crohn's & Colitis UK Croydon Vlslon Dementia UK Dlsabled Sailors Association Dogs Trust Ellenor Hosplc8 Fllcka Foundation Forever Hounds Trust Game and Wlldllfe Conservatlon Tru8t Good Llf8 Dog Rescu8 Great Ormond Slreet Hosplt81 Greenwlch Dance Guide Dogs for the Blind AssoGiation Gurka Welfare Trust Harper Osprey Wlldllfe Rescu8 Heal & Toe Chlldren's Charlty Hearfng Dog8 for Deaf People Heart of K8nt Hospice H8adway Hopefiled Animal Sanctuary Kent Surrey Sussex Alr Ambulance Trust Leukaemia UK Lennox Children's Cancer Fund Llttle Hiccups London Wheelchair Rugby Lupu8 UK 1,000 1,000 1.000 1,000 1.000 1,000 1.000 1,000 1,000 2.000 4,500 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 2,000 1,000 1,000 1,000 1,000 1,000 1,000 1.000 1,000 1,000 1,000 1.000 1,000 1,000 2,000 1.000 1,000 1.000 1,01)0 1.000 1,000 1,000 1.000 1,000 1.000 1,000 1,000 1,000 1.000 1,000 30,000 27,500 Pago 8
Th8 Dlana Edgson Wright Charitable Trust Notss to financial Statements for the year ond8d 31 D6cember 2024 2024 Total 2023 Total Donatlons to charltabl• causes (contlnued) Brought forward 30,000 27,500 Macrnlllan CanGer Support M8rle Curie Make Them Smlle Mare & Foal Sanctuary Meningltls Now Moorland Mous8 Trust Multlp18 Sclerosis Kent Therapy Centre Myek)ma UK NKF Kldney Pationts UK Operation Smlla Ospreys Wheelchalr Rugby Ovarlan Canc8r Actlon Pancreatic Cancer Research Fund P8ncreatlc Canc8r UK Parkinson's UK Peopla's Trust for Endangered Specle8 Prlckles Hedg8hog Ros¢ue Prostate Cancer UK Redwings Hor8e S8nctuary Royal Marsd&n Cancer Charlty Roy81 Ngtlonal Lifeboat Institution Royal Soclety for Bllnd Chlldren RSPCA Ashford Garden Cattery Scott5ls Llttle Sokjlers S¢ott518 Staffy Club Senior Stsfy Club Strongbone's Chlldren Charltable Trust St Peter & St Paul's Church, saIod Target Ovarlan Cancer Tall Shlps Youth Trust The Donkey Sanctuary Tho Gurkha Welfare Trust The Moorlands Mousles Trust The Salvalion Army, Hh0 Thornberry Anlmal Sancluary Tommls Org. Turn8r Contempor8ry 2.000 1,000 1,000 1,000 1,000 1,000 1.000 1,000 1.000 1,000 2,000 1,000 1,000 1,000 1,000 1,000 1,000 3,000 1,000 2,000 1,000 1,000 1,000 1,000 1.000 1,000 1,000 1,000 2,000 1,000 1,000 1,000 3.000 1,000 1,000 3,000 1,000 3,000 2,000 1,000 1,000 1,01)0 1,000 1,000 1,000 2,000 1,000 1,000 1,000 1.000 1,000 65,000 60.500 Pag• 9
The Diana Edgson Wrlght Charitable Trust Notes to financial statsments for the year ended 31 December 2024 2024 Total 2023 Total Donations to charitable causes (continued) rou ht forward 65,000 60,500 Unlqu& Whitstablè All Saints Church Wildf0 and Wetlands Trust WWT-UK 1.000 2,000 2,000 1,000 70.000 61,500 Support costs Investment maDagem8nt fae8 Accountancy fees Bank charges Trustees, expenses 12,705 2,220 10,468 2,040 150 400 85,075 74,408 Trustees Durlng the year the trustees ware reimbursed out of pocket expenses for postsge totalllng £150 (2023 £400). Flxed asset Inv05trnents Llsted inv•stments Total Valuatlon At 1 January 2024 Addltlon8 Disposals Revaluallons 1.530,385 1,530,385 183,630 183.630 {152.736) (152,736) {41.790) 141,790) At 31 December 2024 1,519,489 1,519,489 Historical cost a8 at 31 December 2024 1,304,730 1,304,730 All fixed asset investments are held wfthin the UnSted Kingdom. Page10
The Dlana Edgson Wright Charltable Trust Notes to flnanclal staternents for the y8ar •nded 31 December 2024 Credltors: amounts falllng duo within one year 2024 2023 Accruals and deferred income 2,040 2,040 Analysls of net as80ts botwoon funds Unrostrlctod Endowmènt funds fund8 Total funda Fund balances at 31 D8c&mber 2024 as ropresentad by: Investmanl as8etS Curronl assets Current Ilabllltles 1,518,989 24,171 (2,040) 1,541,120 500 1,519,489 24,171 (2,040) 500 1,541,620 Unrostrlctsd funds At Incomlng Outgolng Galns and 01101124 rn8tsurcu r•6ources loss 3111W24 General furKI 1,553,284 75,290 (85,074) (2,380) 1,541,120 Endowm•nt fund 1 January 2024 and 31 Docember 2024 Mrs D Edgson Wrlght Fund balance 500 Pag• 11