THE MARY ROBERTSON TRUST
Registered charity number: 327900
Annual Report and Financial Statements Year ended 5 April 2025
Trustax Services Limited
Jarodale House Gregory Boulevard Nottingham NG7 2LB
THE MARY ROBERTSON TRUST
| Annual Report and Financial Statements | |
|---|---|
| Year ended 5 April 2025 | Page 1 |
| Page | |
|---|---|
| Legal and administrative information | 2 |
| Report of the trustees | 3 |
| Accountants' report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 to 10 |
THE MARY ROBERTSON TRUST
Legal and administrative information Year ended 5 April 2025
Page 2
| Governing document: | Deed dated 11 July 1988 |
|---|---|
| Settlor: | Miss Mary Forrest Robertson |
| (Deceased 21 March 2013) | |
| Trustees: | Professor Christopher O'Brien, OBE |
| Anthony Huntington | |
| Leslie Morley | |
| Helen Scott | |
| Pam Collins | |
| Charity registration number: | 327900 |
| Administrative address: | c/o Paragon Law |
| 7 Broad Street | |
| Nottingham | |
| NG1 3AJ | |
| Investment manager: | Quilter Cheviot |
| Provincial House | |
| 37 New Walk | |
| Leicester | |
| LE1 6TU | |
| Accountants: | Trustax Services Limited |
| Jarodale House | |
| Gregory Boulevard | |
| Nottingham | |
| NG7 LB | |
| Solicitors: | Freeths LLP |
| 80 Mount Street | |
| Nottingham | |
| NG1 6HH | |
| Bankers: | National Westminster Bank |
| 19 High Road | |
| Beeston | |
| Nottingham | |
| NG9 2JX |
THE MARY ROBERTSON TRUST
Trustees' report Year ended 5 April 2025
Page 3
The Trustees present their report and financial statements for the year ended 5 April 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements (page 7) and comply with the Trust Deed dated 11 July 1988, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities 2005.
The Trustees confirm that in reviewing and determining the objectives and activities for the year and in the future, they have referred to the guidance contained in the Charity Commission General Guidance on public benefit.
Structure, governance and management
The Trust was created by a Deed on 11 July 1988 by Miss Mary Forrest Robertson with an initial gift from her.
The Trust is managed by the Trustees, as shown on page 2.
Objectives and activities
The objective of the Trust is General Charitable Purposes by making grants to individuals and organisations for the benefit of:
Children and young people Elderly and old people People with disabilities Other charities and voluntary bodies
Grant making policy
The Trustees meet normally twice per year to consider applications and to make donations for general charitable purposes in line with the objectives of the Trust. Donations can also be approved where necessary between meetings. All applications are considered. The Trust has been particularly interested in benefitting people from the East Midland areas of the UK.
Key achievements for 2024/25
The Trust has made a total of 55 donations and grants over the year totalling £120966
Public benefit statement
The Trust directly meets the needs of the public by continuing to target the majority of its donations towards supporting those organisations which provide services for young people, the disadvantaged, the homeless, the elderly and the sick.
Financial review and investment policy
The Trust's assets derive entirely from the benefactions from its founder which are invested in a fund managed by Quilter Cheviot. The Trust maintains a conservative attitude towards risk. Its investment portfolio is spread widely and is managed to maintain the value of the fund while generating a reasonable income from dividends for disbursement. Both the capital growth and the income generated from dividends have exceeded the industry average for the year. The Trust seeks to make annual donations equivalent in value to the return on its investments.
THE MARY ROBERTSON TRUST
Page 4
Accountants' report Year ended 5 April 2025
We have prepared the financial statements for the year ended 5 April 2025 set out on pages 5 to 9 from the primary records of the Trust and the information provided by the Trustees.
We have not carried out an audit.
L Hindocha Director
30 January 2026
Trustax Services Limited Jarodale House Gregory Boulevard Nottingham NG7 LB
Statement of financial activities Year ended 5 April 2025
Page 5
THE MARY ROBERTSON TRUST
| Notes INCOME AND EXPENDITURE Incoming resources from generated funds: Investment income 1 Listed security dividends #### 2 Other dividends #### 3 Listed security interest #### 5 Foreign dividends #### 6 Foreign interest 181.00 5,156 Total incoming resources Resources expended Cost of generating funds Management fees #### Charity activities Donations and grants 2 Governance costs Accountancy charges 1,500 Bank charges Total resources expended Net outgoing resources Other recognised gains and losses: Realised gains less losses for the year Net movements in funds |
a b c d e |
Unrestricted | £ 45,781 10,304 29,363 24,412 5,156 115,016 144,262 (29,246) 40,294 11,048 funds 2025 |
Unrestricted | £ 47,413 7,882 30,789 24,089 4,675 114,848 133,880 (19,032) 19,304 272 funds 2024 |
|
|---|---|---|---|---|---|---|
| £ a b c d e 21,796 120,966 1,500 - |
£ 20,436 112,000 1,400 44 |
THE MARY ROBERTSON TRUST
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Balance sheet
As at 5 April 2024 Page 6
2025 2024
Notes £ £ £ £
Fixed assets investments
Listed securities at book value 3 2,885,548 2,865,434
Current assets
Cash at bank 11,449.50 11,450 20,316
Creditors: amounts falling due within
one year
Accrued charges 4 1,500 1,300
Net current assets 9,950 19,016
Net assets 2,895,498 2,884,450
- -
Funds
Unrestricted funds 5 2,895,498 2,884,450
Total funds 2,895,498 2,884,450
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The financial statements were approved and authorised for issue by the trustees and signed on their behalf by:
C O'Brien Honorary Treasurer 30 January 2026
Page 7
THE MARY ROBERTSON TRUST
Notes to the financial statements
Year ended 5 April 2025
1 Accounting policies
(a) Basis of preparation
The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), "Accounting and Reporting by Charities" published in 2005 and applicable accounting standards.
(b) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
(c) Incoming resources All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
(d) Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
THE MARY ROBERTSON TRUST
Notes to the financial statements Year ended 5 April 2025
Page 8
| 2 Charity activities - donations and grants During the year the Trustees made the following donations and grants: Ashfield Home Safety Project Addington Fund Age UK Astima Lung UK Barmpot Theatres Beaumond House Community Hospice Bid Services Blesma Blind Veterans UK British Epilepsey Assoc Canine Partners Casy (Counselling & Support for Young People) Cruse Bereavement Support Criminon UK Dementia UK Ducklings Charity Emmanuel House Fare Share Midlands Framework Housing Association Friends of the Elderly Guide Dogs HCYC Headway Home Start (South Leic'shire) Home Start (Nottingham) Home Start Horizons Kala Niketan Hindi School Improving Lives Independent Age Laligurash School Lennox Childrens Cancer Fund Lincs & Notts Air Ambulance Leicester Childrens Holidays Leaf Literacy Volunteers Macular Society Mobility Trust Motor Neurone Disease Association National Childrens Orchestra Nottinghamshire Hospice Newlife Nepal School Nepal Laligurans Hospital Nepal Susma Uni fee Notts County Foundation Nottingham Playhouse Notts Army Cadet Force Notts Club for Young People Notts Wildlife Trust Sub total carried forward |
2025 £ 2,000 3,000 2,000 2,000 500 2,000 2,000 1,000 2,000 2,000 3,000 2,000 2,000 - - - 3,000 2,000 3,000 - - 2,000 2,000 2,000 - - 2,000 - - - - - 2,000 3,000 2,000 1,000 2,500 2,000 4,000 - - 2,022 3,022 4,522 3,000 2,000 - - - 72,566 |
2024 £ 2,000 - - - 2,000 2,000 2,000 2,000 2,000 2,000 3,000 2,000 3,000 - 3,000 3,000 4,000 2,000 2,000 2,000 3,000 2,000 - 3,000 2,000 3,000 2,000 2,000 - - - 1,000 2,000 - 3,000 3,000 4,500 2,000 3,000 3,000 2,000 2,000 80,500 |
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THE MARY ROBERTSON TRUST
Notes to the financial statements continued…… Year ended 5 April 2025
Page 9
| 2 Charity activities - donations and grants continued Sub total brought forward Nottingham Arimathea Trust Open Homes Pipal Tree PASIC Reach Robin Hood Disabled Riders Ratay Co-Op Band Reach Learning Disability Royal Voluntary Service Rwanyana Community Trust S Mariott for Rwanyana Trust Safe Families for Children Salcare Ltd Salvation Army Sense Southwell Mothers Union STAR Stronggones Childrens Charitable Trust Sound Café Leicester Speech & Language UK St Johns Ambulance Teenage Cancer Trust The Childrens Trust The Stroke Association The Friary The Renewal Trust Treetops Hospice Trent Compassion Walking with the Wounded Willow Winstong Wish WARA Winstons Wish 3 Investments Cost/book value of Investments as at 5 April 2024 Add: Cost/book value of investments bought 53,165.00 Less: Cost/book value of investments sold 111,530.00 - Cost/book value of investments as at 5 April 2025 Add cash held within the investment portfolio 177,274.57 Total Market value of investment as at 5 April 2025 2,947,301.00 Add cash held within the investment portfolio Total Unrealised (depreciation)/appreciation in value |
2025 £ 72,566 1,000 2,000 - 3,000 3,000 - 3,000 3,000 1,000 2,000 1,400 3,000 1,000 3,000 2,000 3,000 1,000 1,000 - - - 2,000 - - 2,000 3,000 - 2,000 2,000 2,000 2,000 - - 120,966 2025 £ 2,766,638 53,165 (111,530) 2,708,273 177,275 2,885,548 2,947,301 177,275 3,124,576 239,028 |
2024 £ 80,500 2,000 2,000 3,000 1,000 - 3,000 2,000 - 1,500 2,000 1,000 2,000 2,000 2,000 2,000 2,000 2,000 - 1,000 1,000 112,000 2024 £ 2,746,579 442,363 (422,304) 2,766,638 98,796 2,865,434 3,138,180 98,796 3,236,976 371,542 |
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THE MARY ROBERTSON TRUST
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Notes to the financial statements continued…
Year ended 5 April 2025 Page 10
4 Accrued charges 2025 2024
£ £
Accountancy charges 1,500 1,300
5 Realised funds 2025 2024
£ £
Balance as at 5 April 2024 2,884,450 2,884,178
Realised gains/(losses) 40,294 40,294 19,304
2,924,744 2,903,482
Less deficit for the year (page 5) (29,246) (19,032)
Balance as at 5 April 2025 2,895,498 2,884,450
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6 Trust administration
The Trust is managed by the trustees, none of whom received any remuneration or expenses for their services over the year.