THE DEWAR CHARITABLE TRusr REGISTERED CHARTTY NUMBER 519249 TRusfEES REPORT AND Accoupifs FOR THE YEAR ENDING 5TII APRIL 2026 TRU5f OBJEcf]VES The Trust is established in accordance with the will of Sarah Mcclelland Dewar dated 29 May 1968 for the benefrt of -women who are in need of financial assistance and are widows or daughters of men who have resided in Bury and have practtsed in the profession of the Church or Law or Medicine". In January 2026. the Charity Commission supported an application to change the Governing Document. The beneficiary group definition is now as follows- The prevention or relief of poverty among women and girls in the borough of Bury by providing grants to individuals in need andlor to charities or other organisations working to prevent or relieve poverty., TRUSTEES The current Trustees are the Rector, Churchwardens and three members of the congregation from the Parish Church of St. Mary the virgin, Bury. The Trustees during the year were: Mr D Biega Mr E Duckworth Revd J Heaton Mrs D Robinson Mrs P Webber ACTIVITIES Grants totalling £8,OCKI were made to nine individuals in accordance with the objettives of the Trust. RESERVES POLICY A modest cash balance is maintained at Barclays Bank, Bury, sufficient to meet the anticipated needs of the Trustees. The majority of the Trust's assets are under the management of James Sharp & Co, stockbrokers and invested for the benefit of the Trust. Due to the restrictive terms of the Trust it has not always been possible to distribute the full income received and as a resuk the value of the Trust has grown substantially over a period of years.
Report to the trusteesl members of THE DEWAR CHARITABLE TRUST On accounts for the year ended 5th APRIL 2026 Charity no (rf any) 519249 Set out on pages IT05 Respective responsibilities of trustees and examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 {"the AcW}. The chartV5 trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. tThe charitys gross income exceeded £250.(XK) and l am qualified to undertake the examination by being a qualified member of Inamed body]l. Delete I l if not opplicable. It is my responsibility to: exarnine the accounts under section 145 of the Charities Act. to follow the applicable Direttions given by the Charity Commission (under section 145151{b) of the Act. and to state whether particular matters have come to my attention Basis of indeperKlent My examination was carried out in accordance with general Directions given by the examinerfs statemert Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those record& It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from the tmstees concerning ony 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 fairf view and the report 15 limited to those matters Set out in the statement below.
Independent In connection with my examination. no material matters have come to my examiner's statement attention (other than that disclosed below ') which gNes me cause to believe that in. any material respect.. the accounting records were not kept in accordance with Section 130 of the Charities Act- or the accounts did not accord with the accounting records; or the accounts did not compty with the applicable requirements concerning the fom and content of account5 set out in the Charities (Accounts and Reports) Regulation5 2008 other than any requirement that the accounts give a 'true and fairf 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 wtth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Pleose delete the word5 in the brockets if they do not apply. Signed: Malcolm Edge AL[ Date: Name: Malcolm Edge Relevant professional qualifi&ition(sl or body lif any): ICAEW- FCA Inst of Taxation- CTI Address: Height Bam Fan, Harwood Road Tottington, Bury BL8 3PR
THE DEWAR CHARITABLE TRusr Registered Charity number 519249 Statement of Financial Activities For the year ended 5th April 2026 2026 2025 INCOMING RESOURCES Dividends received Bank Interest received E 56.347.81 285.59 £ 43.277.07 439.03 Miscellaneous income Total Incoming Resource5 £ 56,633.40 £ 43,716.10 RESOURCES USED Distributions made 8.000.IK) £ 8,500.IX) Administration costs £ 12,911.68 £ 12,41K).87 Total resources used £ 20,911.68 £ 20,900.87 NET INCOMING/IOUTGOINGI RESOURCE5 £ 35,721.72 £ 22.815.23 GAINS & LOSSES ON INVEsfMENTS Realised Unrealised £ 49,780.94 £ 110.852.34 802.91 £-60,369.39 NET MOVEMENT IN FUNDS £ 196.355.00 £ -36,751.25 BALANCES 8ROUGFtr FORWARD AT 6TH APRIL 2025120241 £ 1,307,658.46 £1,344,409.71 BALANCES CARRIED FORWARD AT 5TH APRIL 2026120251 £ 1,504,013.99 £1,307,658.46
THE DEWAR CHARITABLETRUST Registered Charity number 519249 BALANCE SHEET AT 5TH APRIL 2026 2026 2025 FIXED ASSErs Investments in commerclal undertakinES COIF Charities Investrnent Fund £1,352,244.00 £ NIL £1,221,391.54 £ NIL CURRENT ASSETS Cash at bank James Sharp & Co account TOTAL CURRENT ASSETS £ 20.285.31 £131.484.68 £151.769.99 £ 28.499.72 £ 57,767.20 £ 86,266.92 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR NET CURRENT ASSETS £ 151.769.99 £ 86,266.92 ASSETS £1,504,013.99 £1,307,658.46 FUNDS Unrestricted £1.504,013.99 £1,307,658.46