THE LEIGH EDUCATIONAL FOUNDATION (CHARITY REGISTRATION NUMBER: 701462) ANNUAL REPORT AND FINANCIAL STATEMENT 31 DECEMBER 2025
Page 1 THE LEIGH EDUCATIONAL FOUNDATION TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees present their Report and Accounts for the year ended 31 December 2025. Legal and administratlve detalls Prlnclpal address 3 Barford Woods Barford Road Watwick CV34 6SZ Princlpal advlsors Independent Examiner$ Burgis & Bullock 2&25 Waterloo Place Leamington Spa CV32 SL4 Bankers Lloyds Bank 73 Parade Leamington Spa CV32 4BB Investment Managers EFG Harris Alday 33 Great Charles Street Birmingham B3 3JN
THE LEIGH EDUCATIONAL FOUNDATION TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Trusts The Charity of Thomas Lord Leigh The Charity of Thomas Lord Leigh The Charity of the Honourable Ann Leigh Dated 24 December 1740 Dated 26 Odober 1710 Dated 12 August 1731 The scheme for the administralion and managemenl of the above charities as one charity under the title The Leigh Educational Foundation was approved by the Charity Commissioners on 13 January 1989. Truslees The Trustees serving during the year comprise the folk)wing: One Ex-orricio Trustee Lord Leigh Two Nominative Trustees Mrs K Kingston Mr J Astle Four Co-optative Trustees Mr R Coates Mr P Jones Mrs L J Reay Miss S Woolf {Chairman) Tho clerk to the Trustees is Mr J F Johnson OBE. The ex-officio trustee shall be The Lord Leigh for the time being. The nominative trustees shall be appointed by the Parish Councils of Stoneleigh and Ashow and of Leek Wootton and Guvs Cliffe and shall hold office for a period of four years. The co-optative trustees shall be appointed by the Trustees and shall hold office for a period of five years. The trustees have been appoinled for a number of years and receive ad hoc training as necessary.
Page 3 THE LEIGH EDUCATIONAL FOUNDATION TRUSTEES REPORT (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2025 Objectives and Activitles Capltsl The Charity Commissioners scheme of 13 January 1989 does not im[e any restrrtions on the investment or use of capital. IoMe Income to be used for the folk)wng purF#)S8S'. 1) To defray the expensés cf the administration of the Trust. 21 To apply the Income in promoliThJ the edUCan of person$ under the age of 25 years who or whose parents are normalty resldent in the area of b&nefit. being the Civil Parishes of Stoneleigh, Ashow, Leek Wootton and Burton Green. Publlc Benefft The Iruslees have applied the guidance frc4n the Charili8s Commi8sion relating to public benefrt when assesslng grant applicakn'ons. Public benefft is inherent in th8 obiecls of the charity. Polldes The Trustees invite applications for grants from elKJible indrviduats arKI institutions and thes8 ar8 ¢onsiderèd at th8 m8etlngs of the Trustees. Investment Pollcy The charity has a policy of keeping any surplus liquid funds in short tenn deposits which can be accessed readily. Rlsk Revlew The trustees conshler their inveslment strategy apppJpriate to a tharity of its size and nature. ResoNas PollGy The charty has a policy that unrestricted lunds should enab them io cover the previous yearfs total outgThng resources lo ensure continuty of the operation of the project.
Page 4 THE LEIGH EDUCATIONAL FOUNDATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Achlevements and Future Plan$ The Board were pleased to be able to increase the nurnber of grants paid to benèficlarfes during the year and hope to see a continuance in this upwards trend. Flnancial Revlew The income for the year ended 31 December 2025 was £578.878 {2024 £386,398). Management expenses amounted to £4,50912024 £5.525) and grants were made amounting to £44.99412024 £45,834). Purchases of invesknents react £556,83012024 £412.999). The value ofthe funds held on 31 December 2025 was £1,141.860 (2024 £1,071,105}. Of this a total of £1,086.52612024 £988.316) was investrnents ststed at current market value vthich are under the managèment of EFG Harris Alday. For and On Behaff of the Trustees Dated:
Page 5 THE LEIGH EDUCATIONAL FOUNDATION YEAR ENDED 31 DECEMBER 2025 UNRESTRICTED FUND RECEIPTS AND PAYMENTS ACCOUNT 2025 2024 RECEIPTS DR CR DR CR Inve3tm•nt Incomè 66.986 50.091 S•los of Investments 511,892 336,307 Total R•c•lpts 578.878 386.398 PAYMENTS Purchases of InstMents 556.830 412,999 Grants Relurrd Grants Independent Examlnerfs Fe6 Honorarlum to Clerk Socrelary, Travel Expenses & Printi 44.994 47,484 {1.6501 4.431 78 4.220 651 49,503 51.359 Total Payments 606.333 464,358 Ex¢es of Racolpts ov•r Payments 127.45S) 177.9601 Cash balance brought forward on 1 Jan 82,789 160.749 Cash balance carrled forward on 31 D 55.334 82,789
Page 6 THE LEIGH EDUCATIONAL FOUNDATION STATEMENT OF ASSEfs AND LIABILITIES AS AT 31 DECEMBER 2025 2025 2024 Unre6trS¢ted Fund Balance brought fOard Excess of receipts over paymgnts for the year Realized & unreafized gains on investments Purchasos léss sale of investments 1,071,105 127.4551 60.656 37.554 1.141,860 1.064,000 177,9601 15.404 69.661 1,071,10S R•pr•sented By: Investments at market value EFG Harris Alléay Client Deposit Alc EFG Harris AlaY Client In¢om8 AJC 1.086.526 854 988,316 33,911 4,163 6,008 Currant Ass•t$ Lloyds Bank Current Account 48.472 1.141.860 44,715 1.071,105 The flnanclal statements on pago8 1 to 6 wer• approved by the Trustees on 7.Ju.1..26 TrustO0: Trustee:
Page 7 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LEIGH EDUCATIONAL FOUNDATION I repc<t to th8 charity trustees on my 8xaMtnan of the ats)ts of th& clwty for Ihe year ended 310ecernber 2025 which are set out on the precediNJ p&Je5. R•spon$lbllltiH and basls of report As the ch8rity's trustees you are responsiblg for lh8 preparation of accounts in acurdance the requlrements of the Charities Act 2011 Acr). I report in respect of my examination oflhe chwtys acccyjnts carried oul WKler section 145 of the Act and in carrying out my examination l have followed 811 the applicatAe Direct¥)ns gNen by the Charity Commission undor section 145{5}Ib) of the Act. Independ•nt •xamln6fs statement I have completed my examination. I confm that rK* material matters have com8 lo my attention in connectbn with the 8xafninatjrn giwng me cause to believe that in any material respect.. 1. accoting records were not kept in respect of the chartty as required by seCtn 130 Df the Act,. or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in cnon with the examinatlon to 1¢h attention should be drawn in this report order to enable a proper Understandi of the ¥counis to be reached. Wende Ann Hubbard FCCA 8urgis & Bullock 23.25 Waterloo Place, Leaminglon Spa CV32 SLA