CHARITY NUMBER: 527204 GEORGE HUDSON'S CHARITY UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
GEORGE HUDSON'S CHARITY INDEX YEAR ENDED 5 APRIL 2025 CHARITY NUMBER: 527204 Contents Pages Legal and Admin5slration Details Trustees, Report Report of the Independent Examiner Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9-18
GEORGE HUDSON'S CHARITY LEGAL AND ADMINISTRATION DETAILS YEAR ENDED 5 APRIL 2025 CHARITY NUMBER: 527204 Trustees Mr. P. W. Taylor {Chairman) Mr. G. L. Spencer Mrs. D. McKenzie Mr. G. E. Brown Mr. P. R. Wood Mrs. G. Walker Mr. M. Dixon Secretary Mr. G. Johnston Address 47 John Street Sunderland SR1 1QU Bankers Bardays Bank PIC 53 Fawcell Street Sunderlar SR1 1RS Indopendent Examlners Torgersens East Suite, Ground Floor Avalon House Si Catherine's Court Sunderland SR5 3XJ Solicitors McKenzie Bell Limrted 47 John Street Sunderland SR1 1QU Investinont Managers Brewin Dolphin lime Central Gallowgate Newcastle upon Tyne NE14SR
GEORGE HUDSON'S CHARITY TRUSTEES, REPORT YEAR ENDED 5 APRIL 2025 CHARITY NUMBER: 527204 The trustees wesent this report together with the financial statements of the Charity for the year ended 5 April 2025. The financial statements have been prepared in accordance with the accounting policies set out on pages 9 10 11 and comply with the current slalutory requirements, the qUIrementS of the charity's governing d0meNt and the current Statement of Recommended Practice. Structure, Governanco and Management 1.1 The Charity known as George Hudson's Charty was founded by a Scheme made by the Charity Commissioners under the Charitable Trusts Acts 1853 to 1887 on 5 August 1890 registered harity number 527204 as varied by Schemes made by the Mlnister of Education on 20 Novembor 1947 and 12 October 1960 and amended by a Scheme dated 24 January 1991. 1.2 The Charity is an endowed charity, and all administrative Charges are discharged out of incorne.. subject thereto all the income is applied to the objects of the Charity. 1.3 The trustees are appointed by resolution of the existing twstees and are at present 7 in number. The maximum number is eight. 1.4 Meetings of the TTuslees are held six limes a year 8t whh all decisions regardlng payments of benefits are made and reports from the investment Managers are review.ed. 1.5 The Charity employs a part-lime adminislralor who deals with the payments lo beneficiaries. other adminislralive matters are dealt with by the Secretary. Mr G. Johnston who is a solicitor at McKenzie Bell Limited, Solicitors, Sunderland. 1.6 The Charity owns the freehold premises 54 John Street. Sunderland. 1.7 The adminislralor is also employed part lime by The Sunderland Orphanage and Educational Foundats'on Ilhe Foundation) and the Secretary is also Secretsry of the Foundation. The object5 of the Foulldalion are lo benefit persons of either sex under the age of 25 years who are resident in the former County Borough of Sunderfand and the neighbourhood whose parents or one of whose parents are dead, disabled, separated divorced and who are in need of financial assistance. Objectives and Activities 2.1 The objects of the Charity are the education, maintenance, support and dothing of boys and girls whose father is dead or incapacitated first preference, other things being equal, for such of them as are children of sailors or pilots belonging lo the Port of Sunderland and a second preferen. other things being equal, for such of them a$ were born and are resi¢Yent in the Ancient Township of Monkwearmouth. 2.2 The charity aims to meet its objects through the payment of monthly allowar)ces and provision of clothing vouchers lo those children and young people who qualify as beneficiaries under the terms defined in the said objects. 2.3 The charity seeks lo raise the necessary funds lo meet ils objects through investments in listed company shares and UK gills. Public Benefit Statement 3.1 The Iruslees have had regard to the Charity's Commission guidance on Ihelr legal duty on publi benefit, and are satisfied th81 the Charity delivers public benefit, and due regard is paid lo the guidan on public benefit when deciding on what new projects the charity should undertake.
GEORGE HUDSON'S CHARITY TRUSTEES. REPORT YEAR ENDED 5 APRIL 2025 CHARITY NUMBER: 527204 Achievements and Performance 4.1 As al 5 April 2025 there were 24 children receiving allowances and all children eligible to re1ve allowances during the year received their allowances. Financlal Review 5.1 The Iruslees, policy in relation to reserves is to er)sure Ih8t in the event of a signrfi¢anl reduction in income the Iruslees Could at least maintain the regular payments lo those benefiuaries who have ome lo rely on them. 5.2 By a resoluliofi d21ed 251h July 2023 the tnjstees borrowed the sum of £10.000 from r*rmanently endowed capital funds lo fund repairs within the basement of 54 John Street Sunderland SR1 1QH. 5_3 A lease of the upper floors of 54 John Street was granted for a period of five years commencing on 1 St March 2024. Rent re1Ve during the yearwas £5,875, a decase of £1,125 on the previous year. 5.4 The free reserves of the charity excluding investments are currently £2,984. 5.5 The cash funds of the charity at 5 April 2025 have decreased by £5.011. 5.6 Total payments lo beneflarieS have increased by £603 from the previous year. 5.7 The income of the charity has decreased during the year by £13,230. This was due to the receipt in the previous year of a donation of £12,279 from Sunderland Orphallage and Educational Foundation and the grant of a rent-free period on completion of the lease refeff lo in 5.3. Investment incom8 increased by £624. Statement of Trustoos, R•sponslbllltles 6.1 The Tnjstees are quIre(l to prepare aOunt5 for each financial year which give a true and fair view of the slate of affairs of the Charity and of the Slalemenl of Financial Activities of the Charity for that period. In prepariro those acwunls the Trustees are required to.. seleot suitable accounting policies and then apply them consistently.. make judgements and ests'males that are reasonable and prudent., follow the recommendation of the Charity Commission and of the accounting professionwith regard lo form and content of Ihe financial statements and to disclose and explain any departures therefrom., and prepare accounts on the going concern basis unless il is inappropriate lo presume that the Charity will continue lo operate. The Trustees are responsible for keeping proper records which disclose with reasonable accuracy al any lime the financial position of the Charity. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and the detection of fraud and other irregularities. 6.2 Insofar as the Iruslees are aware.. there is no relevant information of which the charity's independent examiners are unaware., and the trustees have taken all steps th21 they ought lo have taken lo make themselves aware of any relevant Information and lo estatjish the independent examiners are aware of that information, Investment PollGy and Performances 7.1 The Trustees, investment objective is lo maintain and enhance the value of the fixed assets over the long term in order to maintain and if possible, increase the income available for the purposes
GEORGE HUDSON'S CHARITY TRUSTEES, REPORT YEAR ENDED 5 APRIL 2025 CHARITY NUMBER: 527204 of the Charity.
GEORGE HUDSON'S CHARITY TRUSTEES, REPORT YEAR ENDED 5 APRIL 2025 CHARITY NUMBER: 527204 Rlsk Assessmgnt 8_1 The Truslees have considered any risks lo which Ihe Charity might be exposed and are satisfied that the administralive, investment and financial procedures which are in place minimise the risk of any loss lo the Charity. Approved by the Trustees on Wilv il Lv and signed on Iheir behalf by.. Chairman Trustee
GEORGE HUDSON'S CHARITY REPORT OF THE INDEPENDENT EXAMINER'S TO THE TRUSTEES OF GEORGE HUDSON'S CHARITY YEAR ENDED 5 APRIL 2025 I report on the financial statements of the Charity for the year ended 5 April 2025 which are sel out on pages 7 to 18. Re$po¢tive r•Bponslblllty of trust995 and ¢xamlner The Charity's Tnjstees are responsible for the preparation of the financial statements. The Charity's Trustees consider that an audit is not required for the year under Section 144121 of the Chafilies Act 2011 1.the 2011 Acl"} and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination il my responsibility lo-. examine the accounts under Section 145 of the 2011 Act.. to follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145{5llb} of the 2011 Act),. and to slate whelhef particular matters have come to my attention. Basis of independent examlnerfs report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination inclijdes a reviéw of the OUntIng records kept by the charity and a comparison of the unaudited financial statements presented with those records. 11 also includes consideration of any unusual items or disclosures in the unaudited financial stslements and seektng explanations from you as Iruslees conceming any such matter5. The prOureS undertaken do not provide all the evidence that would be required in an audit. and c0fi5eouenlly no opinion is given as lo whether the vnaudiled financial statements presenl a 'true and fair vi. and the report is limited to those matters sel out in the statement below. Independent •xaninetrs statement In connection with my examination, no matter has come lo my attention.. which gives me reasonable cause to believe that in any material respect the requirements., to keep accounting records in accordance with section 130 of the 2011 Act., and lo prepare financial statement5 which a¢¢ord wlh the accountirwJ recor(Is, comply with the accounting requirements of the Charities Act have not been met," or lo which. in my opinion, attention should be drawn in order lo enable a proper understanding of the financial statements lo be reached. Mrs Alison Henshaw FCCA Torgersens Chartered AcntantS Ea51 Suite. Ground Floor Avalon House Sl Catherine's Court Sunderland SR5 3XJ Dale.. /1 /z6
GEORGE HUDSON'S CHARITY STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 5 APRIL 2025 Unrestricted Restricted Endowrnent Income Income Capital Fund Fund Fund Total Funds 202S Total Funds 2024 Notes Income Donations and Legacies Other Income Investment Income 8,500 8,5CKJ 21.229 5,875 7.CK)O 16,756 16.132 5,875 16,756 Total Income and Endowments 22,631 8,500 31,131 44.361 Expenditure On Charltable Activities Net LosseslGains on Investments 20.023 7.574 4,953 32.550 36.655 11,346 11,346 126,9241 Gains on Revaluation of Freehold Property Net IncomelExpenditUf• 2,608 926 116,2991 112,7651 34,630 Transf8rs beeen Fun(Js Nel Movements in Funds 2,608 926 116,299} 112,765} 34,630 Total Funds at 6 April 2024 376 8,031 651,543 659,950 625,320 Total Funds at 5 April 2025 .9.5z figiias 65 All operations are classed as continuing. The notes on pages 9 10 18 form part of these financial slalemenls
GEORGE HUDSON'S CHARITY BALANCE SHEET AS AT S APRIL 2025 Unrestricted Restrict Endowmgnt Income Incom• Capital Fund Fund Fund 2025 2025 2025 Notes 2025 2024 Fixed A5Sèts Property Investment Property Investments 40,357 40,357 40.537 112,500 112,500 112.500 473.601 473,601 487,936 10 11 626.458 626,458 640,973 Current Asséts Debtors BalatKes al Bank 12 4,000 6.901 4,082 4.704 8,082 20,562 629 25.573 8,957 10.901 8,957 8.786 28,644 26,202 Creditors.. Amount Folling due within one year 13 {7,917} {7,917) 17,2251 Not Currenl Assets 786 20 727 Not A55ets Represented by: Funds 14 Authorised & Approved by the Trustees on eg10 I IWL Trustee Trustee The notes on pages 9 to 18 form part of these financial statements
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 Accounting Policies Basls of Preparatlon These unaudited financial slalements have been prepared under the historical cost convention as modified by the inclusion of investments at market value, and in accordance with.. il the Statement of Recommended Practice: Accounting reporting by Chari1185 preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) issued October 2019 ISORP 20191 ill the Financial Reportiro Standard applicable in the UK and republic of Ireland (FRS 1021 iiil the Charities Act 2011 The unaudited financial ststements are prepared in slerfing, which is the functional currency of the charity. Monetary amounts in these unaudited financial stalements are rounded lo the nearest £. Incomlng resour¢•s Dividends are included in the Statement of Financial Activities when the right lo receive payment is established. Bank interest is included in the Statement of Financial A¢livities on receipt. Cash donations are included in fvll in the Statement of Fir)ancial Activities as soon as they are received. Rental Income is included in the Statement of Financial Activities when receivable. Investment gains and losses includes any gain or loss on the sale of investments and any gain or loss resulting from rtvaluing investments to market value at the end of the year. Expendlture and liabilities Al expenditu, other than Ihal which ha3 been catx"lalised is included in the St2temenl of Financial Activities. The value of purchase invoices received before the year end bul not paid until after the year end has also been included In the Slalement of Financial Activities. Grants payable to beneficiaries are included in the Statement of Financial Aclivilie5 when the charity's obligation has been established. The valL¢e of such grants that are unpaid at the year end is accrued. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Flxed asset investments Investments are a form of basic financial instrument and are initially recognised al their transaction value and subsequently measured al their fair value as at the balance sheet date using the closing quoted market price. The charity does not aequire pul options, derivalives or other complex financial instruments. All gains and losses are taken lo the Statement of Financial Adivities as they arise. Realised gains and losses on investments are calculated as the drfference between sales proceeds and their opening carrying value or their purchase value rf acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference beeen the fair value al the year end and their carying value. Realised and unrealised investment gains 8nd losses are combined in the Slalement of Financial Activities. 10
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 Accounting Pollcles (contlnued) Tanglblo flxed assets Tang1te assets are initially recorded al cost, and subsequently slated al cost less any accumulated depreciation and impairment losses. Any tangible assets carried al revalued amounts are recorded at the fair value al Ihe dal8 of revalu8tion less any subsequent accumulated depreciation and subsequent accumulate(l impairment losses. An increase in the carying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except lo the extent it reverses a revaluation decrease of the same asset previously recogniseé in profil or bss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income lo the exlenl of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity In respect of that asset, the excess shall be recognised in profil or loss. Depr•ciation Depreciation is calculated lo write off the cost or valuation, less estimated residual value, of tangible fixed asse15 lexcluding feholdIalld1 overtheir eslimaled useful lives lo the business. The annual depreeiation rates and methods are a5 follows-. Improvements lo property- 5¥0 Straighl line Impalmient At each fewrting date, goodwill and other fixed assets. in¢luding tangible fixed assets and investments bul excluding investment properties. are assessed lo determine whether there is an indication Ihat the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment. the recoverable amount of an asset. whiGh is the higher of its value in use and ils nel realisable value, is estimated and compared with ils carrying arnounl. If the recoverable amount is lower, the carrying amount of the asset is written down lo Ils estimated recoverable amount and an impairment loss is recognised in profil and loss. Funds Endowment fvnds are funds, the capital of which must be maintained,. only income arising from investment of the endowment may be used either as reslricled or unrestricted funds depending upon the purpose for which the endowment was estsblished. Transfers lo and from funds are made as designated by the trustees. Restricted funds represent lal income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, 2nd Ib) donations or grants received for a specrfic object. The fund5 may only be expended on the specific object for which they were gNen. Any balance remaining unspent al the year end musl be carried forward as a balance on that fund. Transfers lo ané from funds are made as ¢Yesignated by the trustees. UnreslriGled (Generall funds represent the funds of the charity that a not subject to any restrictions regarding their use and are available for application on the general purposes of the charity. Transfers to and from funds are made as designated by the trustees. 11
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 A¢Gounting Policies (contin(Md) Operating lease8 Lease income is recognised in profil and 10s5 on a slraight-line basis over the lease term. The aggregate cost of ase incentives are rewgnised as a reduction lo income over the lease term on a slraighl-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negolialing and arranging the operating lease are added lo the carrying amount of the lease and re¢ognised as an expense over the lease term on the same basis as the lease income. Invostment Property Investment property is initially recorded at cost. which includes PLJrchase price and any directly attributable expenditure. Investment propety is revalued lo its fair value al eh reporting date and any changes in fair value are recognised in income or expenditure. Going Concern There are no material unrtaInlieS about the charity's ability to continue. Donations and Legacies 2025 2024 Donation5 21 Dorlations Comprised of £nil unrestricted 12024.. £12,729> and £8,500 restricted {2024= £8,5001. Other Income 2025 2024 Rents receivable 5,875 7,000 Total Other Income Other income comprised of £5,875 unreslricled12024.. £7,(KKI). 12
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 In¢ome from Invostmènts 2025 2024 DNidends- Equities UK Fixed Interest Securities Interest on cash deposits 16,270 137 349 16,005 127 In¢ome from investments comprised of £16.756 unrestricled12024= £16,132). 13
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 Expondlture on Charitable Actlvitigs 2025 2024 Educalion, Maintenance & Support of Benefriaries Monthly cash payments Clothing & foolwear Christmas bonus 6,100 7,5f4 6.358 6.633 560 Managefflent & Administration olthe Charrfy Cleaner Rates Heal, light & water Insurancg Repairs & maintenance Depreciation (Endowment Fund) Adminislralor Audit ar accountancy Management Fees1£4,773 Endowment Fund) Mr Clarke Letting Fee Interest payable 307 {1,206) 1,800 1,873 1,057 180 2,250 3,114 8,603 418 307 1,763 1,845 1,729 2,351 2,250 3,030 7,236 428 1,800 185 Expenditure on charitable activitie5 comprised of £20,023 unreslri¢ted12024'. £26,486), £7,574 reslricted12024". £6,633) and £4,953 relating to Ihe Endowmenl Capital Fund {2024-.£3,5361 Staff Costs and Nurnb¢rs 2025 2024 Gross wages 2,250 2,250 No employee had employees benefits in excess of £60,000. The average number of employees during the period was 1 12024.. 11 14
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 Tru$t•es Remunaration, Expenses and Key Managemgnt P¢rsonnel During the current and preceding year, the trustees did not rerEive any remuneration. During the year trustees were reimbursed for out of pocket expenses amounb'ng to £nil 12024.. £nill. The key management personnel of ihe charity comprise of the secretary only. The totsl employee benefits of the key management personnel of the charity were £nil12024- £nill 2025 Realisod Galns & Lossès on Investrnent Assèts 2024 (Endowment Fund unless otherwise staled) Gains on SalelReorganisation of Investments Aberdeen Standard European Equity Income ABRDN Property Spin Off JPMORGAN US Equity Personal Asset Trust Experian Haleon J P Morgan US Equity Income Rio Tinlo 2024 Royal Dutch Shell 2024 SSGA SPDR ETFS 2024 50 753 6,308 45 366 403 504 2,528 638 1,798 Losses on SaIRe0rganISaI10n of Investments Allianz ABRDN Property Income Trust Institutional Cash Series 827 4,568 27 Flxed Assets Property Cost Al 6 April 2024 Additions Fair Value at 5 April 2025 2025 2024 41,100 41,100 Depreciation Al 6 April 2024 Charge for the year Al 5 April 2025 563 180 743 383 180 563 Fair Valuo Al 5 April 2025 Net Book Valug At 5 April 2024 15
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 io Invgstm•nt Proporty Property Fair Value Al 5 April 2025 Al 5 April 2024 The propety held wthin fixed assets and investment property is dassffied as a mixed-use property. The property was revalued on 23rd June 2020 by Lofthou5e & Partners on the basis of open market value. The hislonc cost of the tIlding is as follows.. 2025 2024 Freehold Propety Property Improvement 5,460 79,468 5.460 79.468 The historic cost is $pllt on the same proportion as the falr value al 25% fixed assets and 75OA investment propety. 11 Flxed Assets Investments 2025 2024 Quoted U.K. Investments Market Value al 6 April 2024 Loss Disposals al market value IProGeeds £55,933) Add Acquisitions al Cost Nel Loss on Revaluation at S April 2025 Market Value al 5 April 2025 487,936 154,2001 52,945 455,018 {16,376} 28,607 20 687 487 936 473 601 Investments at Markgt Value Comprised.. UK Equities UK Fixed Interest Securities Unil Trusts and Investment Trusts 108,892 119.941 364 709 473 601 367 995 487 936 Histor1 Cost al 5 April 202S 406 062 404 433 There were individual investments held a15 April 2025 which are over 5% of the portfolio by value. Market Value Blackrock FM Conlinenlal European- 15,750 Fidelity UCITS Quality Incom 5,200 Ishares S&P 500- 1,200 SSGS SPDR- 5 29,587 38,766 47,799 32,450 6.25 8.19 10.09 6.85 16
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 2025 2024 12 Debtorn Trade Debtors Other Debtors 4.000 629 13 Credltors: Amounts Falling due within One Year 2025 2024 Accmals Other Creditors 5.917 2,01)0 4,043 3,182 14 Funds Blfvid Incomlng Outgoing Gains & Balance 0fj.04.24 Resources Rosourc•s Tran8fvr8 ILosso$) (QOS.04.25 Endowment Fund Other Reserves 560,391 91,152 {4,9531 1,734 113,0801 557,172 78,072 Total Endowment Funds Restricted Funds.. Clothing Fund Confectionery Fund 7,831 8,500 17,5741 8.757 200 Total Restricted Funds: 17
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 14 Funds Continued Incoming Outgoing Gains & 06.04.23 Resaurces ReBourcg¥ Transfers IL¢>sse$l Balance 05.04.24 Endowment Fund Other Reserves 557,690 70,465 (3,5361 6.237 20,687 560,391 91.152 Total Endowment Funds Restricted Funds.. Clothing Fund Confect¢onery Fund 5.964 200 8,500 16.6331 7,831 200 Total Restricted Funds.. Thè clothing fund represents a donation from the Sir John Priestman Charity lo help towards the purchase of clothing vouchers to be distributed lo the beneficiaries. TtrE were some funds remaining at the year end. confectionery fund represents a donation received lo purchase Easter eggs to distribute to the beneficiaries. At the balanGe sheet dale £200 remained to be spent on Easter eggs. Bld Ih¢omlng Outgolng Galns & 06.04.24 R950urc•s R•sources Transfers (Lossesl Balanc• 05.04.25 unstrICted Funds General Reserves Other Reserves 153 223 22.631 120,0231 2.761 223 Totsl Unrestricted Funds Bld Incoming Outgoing Gains & Bal8nce 06.04.23 Resources Resourc95 Tran$f•rs (Losses) @05.04.24 Unrestricted Funds General Reserves Other Reserves 19.222) 223 35,861 126,4861 153 223 Total Unrestricted Fund5 15 Related Party Transactions There were no related party Iransaclions incurred during the year12024: £nill and £nil were outstanding lo related parties at the balance sheet d8te12024.' £nill. 18
GEORGE HUDSON'S CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 16 Analysls of Net Assgts B¢tween Funds Unrestrictgd Restrict•d Endowment Total Funds Income Fund Income Fund Capltal Fund 2025 Tangible Fixed Assets Investment Property Investment Trade Debtors Other Debtors Cash at Bank Creditors 40,357 112,500 473.601 40,357 112.500 473.601 4,000 4,082 20,562 {7,9171 4,000 4,082 4,704 6,901 (7,917} 8,957 Unrestricted Rèstrlcted Endowment Total Fund$ In¢ome Fund Income Fund Capital Fund 2024 Tangible Fixed Assets Investment Property Investment Other Deblofs Cash at Bank Creditors 40,537 112,500 487,936 629 9,941 40,537 112,500 487.936 7,601 17,2251 8,031 25,573 (7.225} 19
GEORGE HUDSON'S CHARITY SCHEDULE OF INVESTMENTS YEAR ENDED 5 APRIL 2025 M&rktvalwat05.M25 Prti pèr intewestRew IdeR I)09$ •Jnaunt 05.04.25 11.600 A8RDN Property sncometrust Ltd 11,600 A8RDN rperi¥ SncometlU5t Ltd 2a0 AdmiralGroup 17.69 696. 246.QO 71.44 441.87 4.545.69 5MIZ.QO 7,808.37 18,837.08 22.?81.Sl 4,881.27 15.35710 17.516.67 J,285.96 7,E6E.78 41.083.61 11.?Sl.54 5,144.16 5.532.48 g,S64.74 13,149.13 8512.61 30.865.35 4.261.26 7,71481 5.25 12.90 6.788.17 L8.060.00 29,587.12 4.2.05 t897.1? L7.049.00 8.785.QO 4.681.80 38.766.00 Ll,268.39 5.499.90 3.434.00 6.899.20 INQO 8aillieGiffotdAm¥kanWI rA5 IS.750 Wick rk FM Itd conil eurpincdunRslnr lock Ff41 Itd cvntl rpIntdUOits inc 9.347 8N¥mlnI Oobal incomEU fjBPUIs 15.000 8NYmdlonfd mngr IncUGBpfAs 350.00 Compass Group 170.W CrDda Inil 1.082.QO Fidelity UCIT5 IfAV USQualilyincwe 11,595 83 Fi¥nklill TMPLTN F2 FtF Ubrid8e GBLinfra Inc 388.QO £laxQSmithkllne 1.70QQO HendEr5an FElnc 6,400.W HICLlnfrJstruourE IFSL EVENL0 IP4VESTMENT FUNC6 13,480.w Institutityi41 tsshserles PLC 1.20Q.QO Ishares s&p SOO 7.383 65 Honder50 5,700.(rfJ IP MorqanGL EM INC 10,WO.W Tr Moryrt Us Equity IOrne1n[ K 16.500.(x> utmnvslapan1rKéz. 3200. Le1 & 3.WQ.W AIErcantile InveSTThI L35fy) Muiinirh crbpd 935LY> t4ionalGrid lo0.00 Ninety ce FDMers Der51ed InLtsThlJ 2 11)C I.L99fj0 Perswpl A55et5Tru5t PLC 220nD Wxplc 170nO RioTinto 350.00 Royal Wtch Shell PLC 5.650.OQ Schrodu oriental 59000 55GASPDRETF5 E I $PD S&P US(IVAristDry4ts 5.180.00 TBailey Fvfftd5e IniDmec 3.6QO.00 TlLWI[p0rd 70.00 TwentylwrGlobal Crrfpore aond l GBP D15 140.QO Unllever UKGW4 25% UK GO4.115% UK GOVT4% 3.[) van{uard fu5 plcft5e25D 3W.QO Van¥uèrd frJnd5 pIc5&p 500 85.00 vanguard Inve5ffflent 5¥*5 PLC 1.013.11 2.70 2.01 613.93 660.81 166.67 185.30 644.96 25.10 3.46 540.91 236.68 419.90 528.IX) 410.05 14.18 2.02 2A9 8.5W.QO 47.799.00 3.796.67 7,182.QO 42s.ao 566.54 177.53 7.80 39B3 0.51 126 376. 439.11 65D.1$ 234.00 506.48 515.21 454.44 57.39 132. 574.60 377 70 682.80 716.74 17.161.62 1261.16 8513.91 13.5Z2.28 556559 9,532.52 333234 ,315.24 4.168fj2 6,5195 13,918.14 16,19638 i.ii 223 210 95.48 1034 0.91 18.333.15 7.120. 6.3N QO 12,B89 EO 9,667.90 9.082. 3.514 8,395.20 7,206.30 s85.25 14.395 70 J2,450. 5J)2 38.16 42JY 24ffj2 2.53 55I 6fj4Ao 7.224.73 3,178.49 5.389.30 4.961.42 413.37 10.308.95 ta17.94 7.725.15 3,73140 5.903.10 11,26560 5,440.58 4,953 SL 3P82.33 .456.25 Z2.75688 7.503.46 145.24 189.61 84.33 46S4 355.39 0.98 117.99 102.12 28.19 7536 88.2g 5,UQD.00 std europeanwquity inc 4.061.72 YS7.49 473.WZ.33 16,269.68 20