REGISTERED CHARtrY P4UM8ER: 527908 THE SIR RICHARD RAYNES FOVNDAMON AND OThEIiS (wothng name." Roynes Trust) RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 30 June 2025
THE SIR RICHARD RAYNES FOUNDATION AND OTHERS TRusfEES REpoi¥r 30th JUNE 2025 Registered Charfty No 527 Honorary Secretsry to the Trustees: Dr. C. J. Rupp 4, Laura Day$ Ciose, Melton Mowbrny, LE13 IEG The Sir Richard Raynes Foundation and Others is governed by a scheme dated 13th Dernber 2001 issued by The Charity Commission for England and Wales under the power 8iven in the Chaiities Att 1993 incorporating the charth.es previously known as The Charities of Sir Richard Raynes {Rayne5 Trust) and Thomas Hartopp and Others (Melton Local Bequests) and amended by schemes dètsd 7th November 2011 and 18th November 2014. The principal address is, Laurn Davies Close, Melton Mowbray. LE13 IEG. Under the temis of the goveming document the incumbent of the Church of England Team Parish of Melton Mowbray 5eNes as an ex-officio Trustee, two Trustees are nominated by the Parochial Church Council of theTeam Parish of Melton Mowbray and six other Trustees are co-opted in accordance with the S¢heme. Nominated arbd ctspted Trustees servefoT fouryears afterwhith they can be nominated or co-opted for a further term. Two Trustees (nominated and co-opted) retire each year. New (O-opted trustees a invited by the existing body of Trustees to accept appointment. The Trustees on the 301h of June 2025 were: Rev. Dr. Mary Barr Ms Louise Finn Mrs Alison Freer Ms Adrienne Holland Mr Roger Kirby Mr lan Neale Mrs Catherine Shenton Mr Keith Wilson Mr Christopherjoseph Team Rector. Parish of Melton Mowbray Nominated Trustee Chainnan of Trustee5 Nominated Trustee The Area of benefft is the town of Melton Mowbray in the County of Leicestershlre. The objetts of the Charity are to promote the education of persons under the age of 27 who are in need of financial assistance, who are resident in the area of benefit. or who attend, or have attended for a period of at least 2 years a school or college in the area of benefft; the relief of persons resident in the area of benefit who are in need. hardship or distress: and to further the rellgious and other charitable works of the Churth of England in the area of benefit. Applications for assistance are considered by the Trustees at quarterly meetings or more often if there is a need. Grants are made in accordance with the objects of the Charrtyto indivlduals or organisations on their behalf such as Schools. clubs and other l(Kal charitable institutions which work towards the advancement of education in the area of benefit. The Trustees have an arrangement with Leicester Charity Link of Leicester Chartty Organisation Society Ltd IRegistered Charity No. 10782711 to assist wlth the assessment of hardship applications and to dtribUte funds accordingly. Leicester Charity Organisation Society Ltd is an old established charity with a vast experien and the resource5 to deal with hardship application5. The Trustees delegate the day-to4ay administration of the Charty tr) the Honorary Secretary.
THE SIR RICHARD IIAYNES FOUNDATION AND OTHER5 TRUSfEES REpoirr Contd. Within the nJles of the thme theTrustee5 consider applications from as many dlfferent persons or community Groups as possible. During the year ending 30th June 2025 totsl grants of £31,740.12, We paid to help and support young people and their families. and others in need, with payrnents dirertly to the individuals themselve5 or to organtsations on their behalf induding.. £7,740.(M) individual young people- for edu(ztional expenses. including travel £3,153.37 to students for books and leamin8 equipment £10.964.36 local community groups and the church £8.382.39 to schools for specffic projects £I,sO0. to Raynes stholarships to students Administration expenses and govemance costs amounted to £4.674. This includes ts¥o payments to coverthe Honorary Secreta5 honordrium: £1,5(KJto cover 6 months owingfrom 2023-24 and £3,Crf)O to cover the annual sum for 2024-25. In this financial year. we did not experience any 5i8nificant tlurtuation in the ovefall amount of grants paÈd out. The Trust made 5everdl grarts dedicated to promoting literacy.. c. £3,OC4J to extend the range book5 in school libraries and £2.IXKJ to another approach to promoting literacy, supporting a "comic con" for World Book Day. We provided a £2.(KKI travel grant. $0 that twin sisters could vistt a turtle santtuary in Malaysia, with their year group. We. also. donated £2.500 to a local debt charity to fund a hardware upgrade, enforced by the retirement of the Windows 10 operating system. Income is recelved quarterty from investmerrts held in the CCLA Ethical investment accounts to which the trust's investwnents were transferred on 2 Juty 2021. Adeposrt accountwith CCLA also hold5 £3,OLKJ as a buffer for unexpected demand. TheTrustees' policy is to maintain the Endowment Funds to aliZe the optimum income for distribution as grant. Cash funds carried fr)rward to 2025-26 were £83,478 plus £3,0 in the deposit account. The Trustees have reviewed the attached financlal statement as at 30th June 2025 and consider this to be a fair and sound position. The TnFStee5 hold a current account with HSBC at 17 High Street, Melton Mowbray. Lelcestershire, LE13 OTY. with access to online banking The Independent Examiner is Amanda Comforth of Panda Bookkeepin& Fargate Bam. 2a Main Street. Holwell, Melton Mowbray LE14 4SL lan Neale C.T, (L lan Neale Trustee Q J. Rupp Honorary Secretsry to the Tnjstees
THE SIR RICHARD RAYNES FOUNDATION AND OThERS STATEMEKf OF ASSEfs AND UABILMES 30th June 2024 2025 2024 INVESTMENTS (note i) 846.680 MONETARY ASSErs Bank- current accourrt Deposit account 83,478 80,315 86A78 83,315 ASSE[5 933,158 929,995 Funds: Income Fund Vnre5trirted 8eneTal purpose Balance at the beginning of the finarKial year Net Ipaymentl receipts for the year 142.561 3.163 138,939 3.622 Balance at the end of fina131 year 145.724 142,561 Permanent End*)wmert Fund Balance at the end of financial year 787.434 787,434 TOTAL FUNDS: 933.158 929,995 Approved I trustees on 3LVhJune 2025 and signed on their behaw by.. l.A.Ne - Trustee C. J. Rupp- Honorary Secretary to the Trustees
THE SIR RICHARD RAYNES FOUNDATION AND OThER5 RECEIPTS AND PAYMENT5 Accoupif FOR ThE YEAR ENDED 30 JUNE 2024 2025 2024 Recelpts: Income from Investments Unrestricted COIF Investment Fund Income Units Endowment funds COIF shares drvidend Charities deposit account interest Other income Retumed Grants Totsl Receipts 2,759.66 36,678.35 139.47 2,725.12 36,219.34 150.83 39,577.48 39,095.29 Children's Clothing and Footwear People in need Educational Grants payable Individuals Books & Equipment to students Communfrty Group5 & Church Local schools & colleges Raynes Scholarships Shouler Bursarie5 2,261.00 7740. 3153.37 10964.36 8382.39 Is.00 14,713. 1,321.03 2,503.87 12A70.55 1,5CKI.00 5W.C(I Admlnlstrdtion: Admin fee Leicester Charlty Link Post, reprographics* phone Secretary's honorarium 2024-2025 Secretary's honorarium 2023-2024 Independent Examiner remuneration Gtfts Room Hire 8ank Admin costs: Totsl Payments: 3(th.LN) 1500.LN) 0.00 100.cx) 114.00 60. 204.C 35.473.45 4,674 36.414.12 Net (payments) Receipts year: 3.163.36 3.621.84
THE SIR RICHARD RAYNES FOUNDATION AND OTHEFLS N(yfES TO THE RECEIPTS AND PAYMENTS Accoupifs FOR THE YEAR ENDED 30 JUNE 2025 I. INVEStMEN75 2025 1024 Investments The investment income consists of COIF income shares. Since changing to the receipts and payments basis the assets have not been revalued. 63.579 COIF income share5 are held as permanent endowment to generate income ft>r the general purwse of the foundation. The investment is therefore held in a restricted fund. while the income geneTrted is transferred to the unrestricted fund as it is eamed. A legacy received in 20(KJ. the sale proceeds of land in 21 and a donation in 2014 have been irwested in 4,783 COIF income shares which are held to generate income for the general purposes of the Foundation. The investment is. therefore, held in an unrestritted fund Isee note 31. 2. FUND ACCOUNTING Funds held by the charity are- Unrestrirted gener31 funds - these are funds which can be used in accordan with the charitable objerts at the discretion of the trustees. Designated fvnds- these are unrestricted funds eannarked by the tnjstees for particular purposes. Restricted hjnds - these are funds that can only be used for particular. restricted purposes within the objects of the charrty. Restrictions arise when specrfied by the donor or when fLEnds are raised for particular. restrirted purkN)ses. Permanent Endowment funds these funds represent those assets whid) must be held rmanentlY by the charity, principal investments. Income arising on the endowment funds can be used in accordan with the objects of the charity and is included a5 unrestrirted income. 3. ANALYSIS OF NET ASSETS BEfwEEN FUNDS Bank Totsl Balan 2024 Permanent Endowment 787 434 787.434 787,434 Unrestricted funds General 846 680 86 478 933 158 Detrils ofthe permanent endowment fund are Bfven in note 2 atye.
June 2025 which are set out on p4e54to 6. the requi of the 0ritIeS kt 2011 kv). t relt in Tpect of my eJ4mination of the charl$ accounts carried out undÈr section 145 of the Art and in iarrying¢Mrt my examination I hab followed alltheappficable DirectiD Kivert irythe (harfty Commi&siDn underse£tfon 14515)Ibl} of the Connection with &NaMtIon 8ivir* me cause to telithe that in any material respect: L A¢¢ourrdng reo)rds We not kept in respert of the dwrity as requlred lry section of the Act: or I have no concerns and have come across no other matter5 in connectlon wth the eyamlnatlon to ZSIILILS Amanth Comforth. lThJervthrt Examjner