## **TISBURY TELEGRAPH TRUST**
## **ACCOUNTS AND TRUSTEES’ REPORT**
## **FOR THE YEAR ENDED**
## **31 MARCH 2025**
## **Charity Registration No 328595**
|**Contents**|**Page**|
|---|---|
|Report of the Trustees|1-2|
|Report of the Independent Examiner|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6-8|
## **TISBURY TELEGRAPH TRUST**
## REPORT OF THE TRUSTEES
The Trustees have pleasure in presenting their report and the accounts of the Trust for the year ended 31 March 2025 which have been prepared using the accounting policies set out in Note 1 to the accounts and comply with the charity’s Trust Deed, the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting applicable in the UK and Republic of Ireland published on 16 July 2014.
## **Reference and administrative information**
## _Principal address_
The principal address of the Trust is 35 Kitto Road, London SE14 5TW
## _Trustees_
The names of the persons who were Trustees at any time during the year ended 31 March 2025 were:
Alison Davidson John Davidson Michael Hartley Eleanor Orr Roger Orr Sonia Phippard
## _Bankers_
Santander (Alliance & Leicester) Bootle Merseyside G1R 0AA
## _Independent Examiner_
Sarah B King MA ACA 5 Greenways Beckenham BR3 3NG
## **Structure, governance and management**
## _Constitution_
The Trust was established by Trust Deed on 27 March 1990. It is a charity registered in England number 328595 and is governed by the provisions of the Trust Deed. Gifts may be made to the Trust by the Trustees and others. The charity does not actively fundraise.
The Trust is run and managed by the Trustees. New Trustees may be appointed by the existing Trustees.
## _Risk management_
The Trustees have considered the risks which the charity may face and are satisfied that adequate contingency plans appropriate to the size of the charity are in place to mitigate these risks.
## **Objectives and activities**
## _Principal activities_
The object of the Trust is to disburse funds to be used for the public benefit by charitable institutions or for other charitable purposes as the trustees or other donors decide. The Trustees confirm that they
1
## **TISBURY TELEGRAPH TRUST**
REPORT OF THE TRUSTEES (continued)
have referred to the Charity Commission’s guidance on public benefit when reviewing the Trust's aims and objectives and selecting the grants payable during the year. Grants are made in accordance with the decisions of the Trustees and always for charitable purposes
## **Activities and financial review**
The trust has disbursed 110% of its income in grants to a total of 68 charities (2024: 93% to 65 charities). Recipients included Anglican Parishes, charities formed for the advancement of the Christian religion or the relief of poverty both in the UK and overseas, and charities working to conserve the natural world and retain its value for the benefit of current and future generations. Details of grants are given in note 2 of the accounts.
## _Results of the year_
Net expenditure was £8,578 (2024 net income: £5,866). During the year the Trustees have continued to distribute the income in accordance with the objects of the Trust Deed as detailed in Note 2 of the accounts, having met or discussed when appropriate to make necessary decisions.
## _Reserves Policy_
The Trustees aim to distribute the majority of the income of the Trust each year. There is no ongoing expenditure for which reserves need to be maintained so the current funds will be distributed when suitable grant recipients are identified.
## **Trustees’ responsibilities**
The charity’s trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity’s trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the applicable Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
- 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 that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
For and on behalf of the Trustees
Michael Hartley
14 January 2026
**Trustee**
3
## **Independent Examiner’s Report to the Trustees of the Tisbury Telegraph Trust**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2025 which are set out on pages 4 to 8.
## **Responsibilities and basis of report**
As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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 accounts to be reached.
Sarah King
Date: 17 January 2026
Sarah B King MA ACA 5 Greenways Beckenham BR3 3NG
4
## **TISBURY TELEGRAPH TRUST**
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
|**Note**
**Restricted**
**Unrestricted**
**funds 2025**
**funds 2025**
**£**
**£**
**Income**
Donations:
net received
64,980
0
tax recovered
16,245
0
Bank deposit interest
427
0
**Total income**
81
,652
0
**Expenditure**
Charitable activities:
Grants payable in furtherance
of the charity’s objects
2
90,230
0
Administrative costs
3
0
0
**Total expenditure**
90
,230
0
**Net movement in Funds**
(8,578)
0
**Reconciliation of funds**
Total funds brought forward 1 April 2024
71
,105
722
**Total funds carried forward**
**at 31 March 2025**
62
,527
722
**Note**
**Restricted**
**Unrestricted**
**funds 2024**
**funds 2024**
**£**
**£**
**Income**
Donations:
net received
67,980
0
tax recovered
16,995
0
Bank deposit interest
391
0
**Total income**
85
,366
0
**Expenditure**
Charitable activities:
Grants payable in furtherance
of the charity’s objects
2
79,500
0
Administrative costs
3
0
0
**Total expenditure**
79
,500
0
**Net movement in Funds**
5,866
0
**Reconciliation of funds**
Total funds brought forward 1 April 2023
65
,239
722
**Total funds carried forward**
**at 31 March 2024**
71
,105
722|**Total**
**2025**
**£**
64,980
16,245
427
81
,652
90,230
0
90
,230
(8,578)
71
,827
63
,249
**Total**
**2024**
**£**
67,980
16,995
391
85
,366
79,500
0
79
,500
5,866
65
,961
71
,827|
|---|---|
|||
5
## **TISBURY TELEGRAPH TRUST**
BALANCE SHEET AS AT 31 MARCH 2025
|**Note**
**Fixed Assets**
**Current assets**
Cash at bank
Debtors
5
**Current Liabilities**: Creditors falling due within one year
**Net current assets**
**Net assets:**
**Fund balances**
Permanent Endowment
Restricted 6
Unrestricted 7
**Total funds**|**2025**
**£**
0
47,045
16
,204
63,249
0
63
,249
**63**
**,249**
20
62,507
722
**63**
**,249**|**2024**
**£**
0
56,123
15
,704
71,827
0
71
,827
**71**
**,827**
20
71,085
722
**71**
**,827**|
|---|---|---|
||||
The notes on pages 6 to 8 form part of these accounts
Approved by the trustees on 14 January 2026 and signed on their behalf by:
Eleanor Orr
## **Trustee**
6
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
## **TISBURY TELEGRAPH TRUST**
## **1 ACCOUNTING POLICIES**
## **Basis of Accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: _Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland_ (FRS102) issued on 16 July 2014 and with the Charities Act 2011.
The Charity constitutes a public benefit entity as defined by FRS102
The Trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern.
## **Incoming resources**
Donations are recognised when received. Income tax recoverable on gift aid donations is recognised when receivable. All other income is accounted for when received.
## **Governance and administration**
These comprise expenses incurred in complying with statutory requirements and essential administrative costs incurred in pursuance of the charitable activities.
## **Grants payable in furtherance of the charity’s objects**
These are accounted for as granted and paid.
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**TISBURY TELEGRAPH TRUST**
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
## **2 CHARITABLE ACTIVITIES**
The trust did not undertake any activity directly but met its charitable purposes by making grants to a variety of charities which seek to relieve poverty, injustice or suffering or to advance the Christian gospel. Institutions receiving grants of £1,000 or over in either year are disclosed below:
||**2025**|**Number**|**2024**|**Number**|
|---|---|---|---|---|
||**£**||**£**||
|**Grants made**|||||
|All Saints Church, Peckham|21,000|6|19,000|6|
|Anti- Slavery International|1,000|1|1,000|1|
|Bible Society|1,000|1|1,000|1|
|CAFOD|1,500|1|1,500|1|
|Centre for Alternative Technology|1,000|1|900|1|
|Christian Aid|3,000|1|2,000|1|
|Christians against Poverty|2,000|1|2,000|1|
|CMJ|900|1|1,000|1|
|Church Mission Society|1,500|1|1,500|1|
|Crisis|4,000|2|3,000|2|
|Friends of the Earth|1,000|1|1,000|1|
|Habitat for Humanity|1,000|1|1,000|1|
|International Justice Mission|5,000|1|500|1|
|Manna Society|1,000|1|-|-|
|Northumbria Community|1,500|1|1,500|1|
|Open Doors|500|1|1,000|1|
|Pecan|4,500|1|4,000|1|
|Practical Action|1,000|1|1,000|1|
|Red Cross|1,500|1|500|1|
|A Rocha|1,000|1|1,000|1|
|St Mary's, Hopesay|-|-|1,000|1|
|Salvation Army|1,200|1|1,200|1|
|Scargill Movement|1,200|1|1,200|1|
|Scripture Union|1,000|1|1,000|1|
|Sustrans|1,000|1|1,000|1|
|Tearfund|4,000|1|4,000|1|
|Transform Trade (formerly Traidcraft)|2,000|2|4,000|2|
|Others|24
,930|42|21
,700|40|
|Total|90
,230||79
,500||
## **3 GOVERNANCE and ADMINISTRATION**
during the year ended 31 March 2025 (2024: £nil)
## **4 TRUSTEES**
No remuneration or expenses were paid to the Trustees during the year (2024: £nil).
8
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
## **TISBURY TELEGRAPH TRUST**
## **5. DEBTORS**
This comprises amounts due from HMRC for Gift Aid of £16,204 (2024: £15,704).
|**6**|**RESTRICTED FUNDS**|**At**||||**At**|
|---|---|---|---|---|---|---|
|||**1 April**||**Incoming**|**Outgoing**|**31 March**|
|||**2024**||**resources**|**resources**|**2025**|
|||**£**||**£**|**£**|**£**|
||Reuben|410||3|0|413|
||Simeon|63,610||81,600|90,230|54,980|
||Judah|7|,065|49|0|7
,114|
|||71|,085|81
,652|90
,230|62
,507|
The restricted funds have been created by the donors, who are the Trustees of the Charity, and are distributed in accordance with their wishes.
## **7 ANALYSIS OF NET ASSETS BETWEEN FUNDS**
||**Endowment**|**Restricted**|**Restricted**|**Unrestricted**|**Total**|
|---|---|---|---|---|---|
||**£**|**£**||**£**|**£**|
|Current assets|20|62|,507|722|63
,249|
The assets of both unrestricted and endowment funds are held as cash at bank. The assets of restricted funds are held as a debtor and as cash at bank.
## **8 RELATED PARTY TRANSACTIONS**
Roger and Eleanor Orr were trustees of All Saints’ PCC, Eleanor Orr was a trustee of Pecan, and John Davidson was a trustee of Tearfund during the period under review. Donations were made to these beneficiaries by the Trust in the years ended 31 March 2025 and 2024 and are detailed in note 2.
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