ESSEX
HERITAGE
TRUST
THE TRUSTEES ANNUAL REPORT AND ACCOUNTS
In compIiance with Clwities Acts
Financial Year l April 2024 - 31 March 2025
Trustees
J Douglas-Hughes, OBE DL, Esq (Chairnian)
Rt Hon Lord Petre, KCVO JP MA
His Majesty's Lord-Lieutenant of Essex Mrs Jennifer Tolhurst
B J Moody Esq (Managing Tn￿tee)
P J Mamelok, DL FCA, Esq (Hon. Treasurer)
R H Wollast0￿ Esq
M F Pertwee, Esq
Dr J Bettley, JP DL FSA
Mrs K Twitchen, OBE
T J Gregson, FRICS FFBE MEWI, Esq
The current Chairnwi of Essex County CouncAI
Administrator
Mrs Sharon Hill
Trust Adthess
Cressing Temple, Braintree, Essex. CM77 8PD
Barclays BanK 4041 High StreeL Chelmsford, Essex
RBC Brewin Dolphin (trading name of RBC Europe Ltd)
12 Smithfield StreeL London, ECIA 9LA
Bankers
Investment Man
ers
Charity Registration No. 802317

l. Ob'ectives
The Trust h&s been established to safeguard or preserve for the benefit of the public, such lands,
buildings, objects or records as may be lllustrative of, or significant to, the history of the county or
which enhance an understsnding of the characteristics and traditions of the county.
2. Constitution
The charity is an independent organisation constituted and governed by a Trust Ded dated
27 October 1989. There have been various Deeds of Variation since the principal Trust Deed, to take
account of appointment and retirement of Trustees.
Essex Heritage Tn￿t does not have any direct relationship with any other charity or organisation.
3. Administration
Trustees meet three times a year to consider grant application& review the Tn￿'s fmancial position
and investment strategies, and deal with any other fonnal business. In addition, an Annual Meeting
may be held, to which all the Friends of the Trust and others connected with the Trust are invited.
The Trust affairs are managed by the Trust Management Conunittee, supported by Mrs S Hill, who
provides services as a Consultant.
Applications for grants are submitted, and these are considered at the Trustees, meetings.
reviewing applications the Trustees consider the heritage naturc of the projects, and attach importance
to evidence of self-help and fund raising efforts in considering whether to award a granL and if so,
how much the grant shall be.
Costs for handling projects are kept to a minimum due to the fact that the Trustees advisors give freely
of their time.
The investments of the Trust have for many years been overseen by Quilter Cheviot, who have
provided advice to the Trustees, and managed a small number of funds with the aim of m&ximising
income generation to meet the Trust's grant giving objectives.
In keeping with the Trustees, responsibility to review regularly these arrangements, the opportunity
was taken to invite two investment management advisors to provide the Trust's Management
Committee with proposals for the management of the T￿￿'S investments.
After careful Consideratio￿ Brewin Dolphi￿ a subsidiary company of Royal Bank of Canad4 was
chosen to oversee the Trust's investments. The management objectives will be a 'Yotal return basis"
to maximise both income and capital appreciation. To meet these objectives, the Trusts, investments
now comprise direct quity inv¢stments. as well as investment in a number of funds.
The Trustees carry out a review of risks that the Trust faces on a regular basis.

4. Friends of Essex Herits e Trust
The Friends of Essex Heritage Trust was launched in 1993 and the Tn￿eS continue to be keen to
recruit more members.
Our newsletter has played a vitsl part in promoting the role of the Trust and encouraging enquiries.
Going forward the newsletter will be distributed digitally, and will be sent to all of our Friends, as
well as being distribut￿ widely to parish councils and similar bodies who might seek to apply for
5. Accountin
Matters
The Hon Treasurer, Mr P J Mamelok DL, who is a Chartered Accountant, has prepared the financial
ststements in conjunction with Mrs Hill. The financial statements have been prepared to comply with
current statutory requirements and the requirements of the Tnjst Deed.
The independent examination of the financial statements has been varried out by Mr P J Bentley, who
is a Chartered Accountant. As such, Mr Bentley is a member of a body approved under the Charities
Act 2011.
6. Grants
During the financial year, 25 applications for grants were receive￿ and 18 were awarded a grant
totalling £60,434.
At the end of the financial year, grants awarded in this and previous years but remaining unpaid at
31 March 2025, amounted to £50,895 as set out in note 2 on page 9.
7. Trust Fund
At the start of the fmancial year th¢ value of the Trust Fund stood at £1,606,723. By the end of the
financial year the valu¢ of the Trust Fund was £1,711,724.
Mr J Douglas HughÉs OBE DL, Chairn)an of Trustees
Date: 6 November 2025

GRANTS AWARDED
Location
Project
Grant
Harwich Museum
St John thc Evangelist
Church, Chelmsford
Bradwell-on-sea
Victoria County History of
Essex Trust
The Battlefields Tn
Borley Church
Ongar & District Community
Association
Woo(Iham Walter Women's
Club
All Saints ChurclL Stisted
St Mary with St Leonard's
Church, Broomfield
Tillingham Village Council
Restoration of Mayoral Portraits
Heritage Inforniation Board
£ 5,000
£ 3,000
Restordtion of Village Cage (Village Lock-up)
Research worL Grant PTomise for three years
(3 of 3 paid)
Research work
South Tower Gargoyle rainwater chutes
Budworth Hall improvements
£ 5.000
£ 5,000
£ 3,000
£ 3,500
£ 5,000
Improvements
£ 2,000
Bell restordtion
Restoration of Lychgate (top up grant)
£ 6,000
£ 2,000
Pump restoration
£600
St Mary's Church, Woodham
Ferrers
Conservation to Coat of Arn
£ 4,500
Essex Heritage Workboats
cic
St John & St Giles Church,
Great E&ston
Clavering Landscape History
Group
Research work
£ 1,300
Bell restoration
£ 6,000
Ex￿VatiOn works at Clavering Castle and to
estsblish the origins of the Castle and it's phased
development
Digitisation of documents & photographs
£ 3,300
Friends of Bridge End
Gardens, Saffton Wa]den
Purfleet Heritage & Military
Centre
Pioneer Sailing Trust
£234
WW2 Gunpowder Digital Map
£ 2,000
'Pioneer' new Staysail
£ 3,000
TOTAL
GRANTS AWARDED
£60434

Essex Heritage Trust
Statement of Trustees Responsibilities
The charity's trustees are responsible for prepaTing the Annual Rewrt and financial statements in
accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
In preparing those financial statements, the ttiths are Tequired to:
a) select suitable accounting policies and apply them consistently.
b) make judgments and estimates that are reasonable and pn￿ent.
c) prepare the fujancial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation
The trustees are responsible for keeping proper accounting records that disclose with re&8onable
accuracy at any time the financial position of the clwity and enable them to ascertain the financial
position of the charity and which enable them to ensure that the financial statemcnts comply with
Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ort of the Inde
endent Examiner
In my examination of the books and records of the Essex Heritage Trust for the year ended
3 1st March 2025, 1 havc, when conducting my review, recognised the TnLStees financial and legal
responsibilities as set out in the above statement to this Annual Rewrt and Accounts.
My examination confums that the Trustees have. in my opinion, met their obligations and that the
Financial Statements comprising the Balance sheet and Statement of Financial Activities together
with the appended notes have been properly prepared in accordance with the Charities Act 2011 .
In my opinion the financial staternents give a true and fair view, in accordance with United Kingdom
Generally Accepted Accounting Practice, of the state of the clwity's affairs at 31 st March 2025,
and of its incoming resources and application of resources for the year then ended.
MrPJBentley FCA ....................................
Date 6 November2025

Essex Heritage Trust
Statement of Financial Activities for the year ended 31 March 2025
2024125
2023124
Incoming Resources:
Investsnent Income (note 4)
Gift Aid Donations and Frien(ts Subscriptions (gross)
Donations
Total incoming resources
83.388
2,461
323
£86,172
69,510
2,354
450
£72J14
Less: Resources Expended
Grants approved and paid
Grants approved-not yet paid
23,300
37.134
60,434
6,500
18,750
57,120
75,870
12,200
£63,670
Deduct Grants withdrawn
Total grants payable
Administration costs of the charity:
Annual Meeting
Insurance
Licence (rent)
Ststionery & Postage
Telecoms and Website
Administrator payment
Sundry
Investment Management Charge
Total administration costs
484
462
1,400
487
889
320
451
1,400
381
574
5,340
37
9,038
£17 541
30
9,758
£20
10
Total expenditure
£74
£81211
Net SurpluslDefieit for the year
Realised Losses and Gains on Investments
Increase in Market Value on Investments
Net n)ovement in funds
Balance brought forward l April 2024
Balance carried forward 31 March 2025
11,928
44J20
86,499
62,185
£54,107
£53,288
1606,723 £1553 435
£1660,830 £1,606,723
-8,897

Balance Sbeet
Year Ended 31 March 2025
315¢ March 2025
31" March 2024
Fixed Assets:
Investments at Valuation (note 3)
£1,666270
£1,579,771
Current Assets:
Income Tax Recoverable
C,ash at Bank
Debtors and Prepayments (note 5)
Charities Deposit Fund
Pety Cash
Total current assets
222
11,075
13,446
20,688
24
£45,455
182
27,607
2,624
65,332
38
£95 783
Current Liabilities:
Grants approved but unpaid
Total current liabilities
Net current liabilitieslassets
50,895
£50,895
68,831
£68,831
45,440
£1.660.830
£26,952
£1,606 723
Total
Represented by Trust Fund:
At l April 2024
Net movement in funds for the yeydr
At 31 March 2025
£1,606,723
54,107
£1,660,830
£1,553,435
£53 288
£1,606,723
The financial statements were approved by the Trustees on
MrP J Mamelok DL FCA
Hon. Treasurer

Notes to the Financial Statements 31 Mareh 2025
Aecounting Policies:
Accounting Convention
The financial ststements are prepared under the historical cost Conventio￿ as modified by
the annual revaluation of listed investments to market value, and in accordance with
applicabl¢ accounting stthdards and Statement of Recommended Practice.
Donations
All donations, other than specific donations for fundrnising Purposes are credited to the
Tll￿t Fund.
1.3 Investments
Listed investments are stated at market value. Investment income is brought into
account when received.
All realised profits and losses on realisation of investments, and unrealised profits and losses
on revaluation, are credited to the Trust Fund
Grants
2024r25
2023124
Unpaid Grants from previous years
Grants awarded during the year
Grants withdrawn during the year
68,831
60.434
-6.500
£122,765
71.870
£50,895
58J77
75.870
-12,200
£122,047
Grant payments made during the year
Grants remaining unpaid at 31 March 2025
£68 831
Investments
2024125
2023ll4
Investments held at market value: l April 2024
79 771 £1
Net Increas¢ in market value during year
86,499
Investments held at market value 31 Mareb 2025 £1666 270 £1579 771
£1
Investment Income
2024125
2023124
COIF Fixed Income
Dividend and Interest Incom¢
TOTAL
2,356
3,029
66,481
£69 510
£83
88
Debtors
2024125
2023124
XD Dividends
Brewin Dolphin trnding balances
Rent prepayment
TOTAL
3,740
9,356
350
£13,446
616
2,008
£2,624