2025-04-05-accounts

MRS B L ROBINSON’S CHARITABLE TRUST

REPORT AND ACCOUNTS

YEAR ENDED 5 APRIL 2025

Charity Registration No. 802552

Miller & Co. Chartered Accountants 5 Imperial Court Laporte Way LUTON Bedfordshire LU4 8FE

MRS B L ROBINSON’S CHARITABLE TRUST

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CONTENTS

	Page
Reference and Administrative Information	1
Trustees Report	2
IndependentExaminers Report	4
Statement ofFinancial Activities	5
Balance Sheet	6
Notes to the Accounts	7
Schedule 1 to the accounts is for the Trustees information
onlyand does notform part ofthe statutory accounts
Schedule1-InvestmentPortfolio	13

MRS B L ROBINSON’S CHARITABLE TRUST

REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 5 APRIL 2025

Principal Office	70 Sharpenhoe Road
	Streatley, Luton
	Bedfordshire
	LU3 3PS
Trustees	DrRDPrew
	Mrs JM Godino
	MrsD L Craig
	Mrs J Jeans
	Mrs T E Dales
Clerkto the Trustees	MrsD Haestier
Bankers	CAFBank
	P O Box 289
	West Malling
	Kent
	ME19 4TA
LegalAdvisors	Debenhams Ottaway
	107 St Peters Street
	StAlbans
	Hertfordshire
	AL1 3EW
Independent Examiners	Miller& Co
	Chartered Accountants
	5 Imperial Court
	LaporteWay
	Luton
	Bedfordshire
	LU4 8FE
InvestmentManagers	Rathbone InvestmentManagement Limited
	30 Gresham Street
	London
	EC2V7QN

MRS B L ROBINSON’S CHARITABLE TRUST

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2025

The Trustees present their report along with the financial statements of the Charity for the year ended 5 April 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charity’s Trust Deed, the Charity’s Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

History, constitution objectives and activities

The Mrs B L Robinson’s Charitable Trust is an unincorporated trust constituted by a Deed of Trust on 10 November 1989, and is a registered Charity, No. 802552.

The main objects of the Charity are to provide relief to charities by way of project donations to charities involved in Bedfordshire. The Charity achieves these objects providing financial grants to other charities which provide assistance directly to the beneficiaries.

The Charity maintains an investment portfolio of stocks and shares to provide a source of income, which is used to finance its charitable aims.

The Charity was set up by placing an initial sum of £100 into trust. Subsequently, further sums were introduced into the trust.

Organisation

The Trustees who have served during the year are set out on page one.

Trustees are appointed by the board of Trustees. Each new Trustee must first sign, in the Minute Book, a declaration of acceptance and of willingness to act as a Trustee in accordance with the Trust Deed. The Trustees must meet at least once each calendar year.

Risk management

The Trustees have assessed the major risks to which the Charity is exposed and in particular those related to the finances of the Trust and are satisfied that systems are in place to lessen our exposure to the major risks.

Grant making policy

The Charity receives applications for funding from local charities for charitable purposes in Bedfordshire and from national charities engaged in raising funds for local projects in Bedfordshire. Grants are made at the Trustees discretion.

Investment policy

In accordance with the trust deed, the Trustees have full and unrestricted powers to invest in such stocks, shares, investments and property as they see fit. The Trustees engaged Rathbones as investment managers. The policy is based on maximising income and growth of assets.

MRS B L ROBINSON’S CHARITABLE TRUST

TRUSTEES ANNUAL REPORT

AT 5 APRIL 2025

Achievements and performance

During the year grants totalling £233,093 (2024: £116,500) were made to charities in Bedfordshire towards projects that enabled them to provide assistance directly to their beneficiaries. During the current year there was an unrealised loss in the market value of the investment assets of £388,479 (2024: unrealised gain £339,393) and a realised loss in the market value of the investment assets of £27,189 (2024: £29,347).

Financial review

The income fund generated income in the year of £146,344 (2024: £159,114) from which grants have been made of £233,093 (2024: £116,500). The net outgoing resources for the year after grants and expenses was £132,377 (2024: £5,544). This year has seen a decrease in the fixed asset investment value of £705,947 at the balance sheet date compared to the previous year.

Reserves policy

The Trustees have agreed a level of cash reserves which takes into account both the requirement for liquid funds for investment decisions and the level of income arising on the reserves to fund grant making activities. This policy is reviewed regularly. The free reserves at year end were £48,773.

Public benefit

The trustees confirm that they have complied with their duty, set out in the 2011 Charity Act, to have due regard to Charity Commission guidance on public benefit.

Statement of the Trustees’ Responsibilities in Respect of the Accounts

The Trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) for each financial year which give a true and fair view of state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing these financial statements, the Trustees are required to:

• e Select suitable accounting policies and then apply them consistently; e Observe the methods and principles in the Charities SORP 2019 (FRS 102); e Make judgements and estimates that are reasonable and prudent; e State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• e Prepare the financial 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 reasonable accuracy at any time the financial position of the Charity and enable them to ensure the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.

Approved by the Trustees on 23 September 2025 and signed on their behalf by:

Dr R D Prew Trustee

to the Trustees of Mrs B L Robinson’s Charitable Trust

INDEPENDENT EXAMINER’S REPORT

I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 5 April 2025, which are set out on pages 5 to 12.

Responsibilities and basis of report

As the Charity’s Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s Statement

Your attention is to drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.

We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair 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 with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

RA Cox FCA

Miller & Co. Chartered Accountants 5 Imperial Court, Laporte Way Luton, Bedfordshire LU4 8FE

Date:

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MRS B L ROBINSON’S CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025

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|||||||| |---|---|---|---|---|---|---| |Unrestricted|Total|Total| |Income|Expendable|Funds|Funds| |Funds|Endowment|2025|2024| |Notes|£|£|£|£| |INCOME|FROM:| |Investments| |Dividends|98,764|-|98,764|118,502| |Interest on|Securities|41,739|-|41,739|37,568| |Bank|and stockbroker|interest|5,841|-|5,841|3,044| |TOTAL INCOME|146,344|-|146,344|159,114| |EXPENDITURE|ON:| |Raising|funds| |Investment management|costs|34,404|-|34,404|33,802| |Administration costs|2|11,224|-|11,224|14,356| |Charitable|activities| |Project|grants|8|233,093|-|233,093|116,500| |TOTAL EXPENDITURE|278,721|-|278,721|164,658| |NET EXPENDITURE|BEFORE| |INVESTMENT (LOSSES)|/ GAINS|(132,377)|-|(132,377)|(5,544)| |(Losses)|/|gains|on investments| |Realised|on|sale|-|(27,189)|(27,189)|(29,347)| |Unrealised|-|(388,479)|(388,479)|339,393| |NETNET MOVEMENT (EXPENDITURE)IN FUNDS/ INCOME AND|(132,377).|(415,668)|(548,045)|304,502| |Reconciliation|of funds:| |TOTAL FUNDS BROUGHT FORWARD|181,150|5,629,134|5,810,284|5,505,782| |TOTAL FUNDS CARRIED FORWARD|£48,773|£5,213,466|£5,262,239|£5,810,284|

----- End of picture text -----

All income and expenditure derive from continuing activities.

MRS B L ROBINSON’S CHARITABLE TRUST

BALANCE SHEET

AS AT 5 APRIL 2025

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|||||| |---|---|---|---|---| |2025|2024| |Note|£|£|£| |FIXED ASSETS| |Investments|6|5,030,853|5,736,800| |CURRENT|ASSETS| |Cash|at|bank| |Deposit|account|60,096|63,225| |Capital|account|1,000|1,000| |Cash|at|stockbrokers| |Capital|account|229,303|75,083| |Income|account|8,416|8,646| |US|Dollar Capital|account|36,851|-| |Euro|Capital account|7|-| |335,673|147,954| |CREDITORS:|Amounts|falling|due|within| |one year|7|64,287|74,470| |NET CURRENT|(LIABILITIES)|/ ASSETS|271,386|73,484| |TOTAL ASSETS|LESS CURRENT|LIABILITIES|5,302,239|5,810,284| |CREDITORS:|Amounts|falling|due|after| |more|than one year|7|40,000|-| |NET ASSETS|£5,262,239|£5,810,284| |CHARITY|FUNDS| |Unrestricted|funds|10|48,773|181,150| |Endowment|funds| |Expendable|endowment|10|5,213,466|5,629,134| |TOTAL CHARITY FUNDS|£5,262,239|£5,810,284|

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The financial statements on pages 5 to 12 were approved by the board of trustees on 23 September 2025 and were signed on its behalf by:

D pV Eescl Dr R D Prew Mrs J M Godino Trustee Trustee

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MRS B L ROBINSON’S CHARITABLE TRUST

NOTES TO THE ACCOUNTS AT 5 APRIL 2025

1. ACCOUNTING POLICIES

Basis ofpreparation

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling and rounded to the nearest pound. The address of the principal office is given in the charity information on page 1 of these financial statements.

Income recognition

Income is recognised when the amount can be reliably measured, the charity has legal entitlement to it and there is sufficient certainty of receipt of the income.

Fixed asset investments

Investments are recognised initially at fair value which is normally transaction price. Subsequently they are measured at fair value with changes recognised in ‘net gains / (losses) on investments’ in the statement of financial activities if the shares are publicly traded or their fair value can otherwise be measured reliably.

Realised gains or losses on investments are calculated as the difference between the disposal proceeds and the opening market value (purchase date if later). Unrealised gains or losses on investments are calculated as the difference between the market value at the year end and the opening market value (purchase date if later).

Debtors and creditors receivable/payable within one year

Debtors and creditors receivable or payable within one year are recorded at transaction price.

Support costs

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include governance costs. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with the use of the resources.

Going concern

The financial statements have been prepared on the going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements.

MRS B L ROBINSON’S CHARITABLE TRUST

NOTES TO THE ACCOUNTS

AT 5 APRIL 2025 (continued)

Funds

Unrestricted funds comprise those funds which the Trustees are free to use in accordance with the charitable objects. Income generated from endowment funds are unrestricted.

Expendable endowment funds are endowment funds where the Trustees have the power to convert the endowment fund into expendable income. When such a power is exercised the relevant funds become restricted or unrestricted funds depending on whether the donor has imposed any restrictions on the application of the funds.

Expenditure recognition

Project grants are accrued for in these accounts once the expenditure has been authorised for payment by the board of Trustees. Other expenditure is recognised when the amount can be reliably measured, there is a legal obligation to make it and it is probable that settlement will be required.

2. ADMINISTRATION COSTS

ADMINISTRATION COSTS
	Basis of	Income	Expendable	2025	2024
	Allocation	Fund	Endowment	Total	Total
		£	£	£	£
Governance costs
Independent examiners fees	Direct	3,342	-	3,342	3,252
Clerk’s fees	Direct	7,780	-	7,780	8,980
PPS	Direct	343	-	343	307
BankCharges	Direct	82	-	82	86
Insurance Exchange difference	Direct Direct	213 (536)	- -	213 (536)	213 1,518
		11,224	-	11,224	14,356

1. STAFF COSTS

During the year there were no employees paid by the charity. The administration of the charity is undertaken by Mrs D Haestier, Clerk to the Trustees. The Clerk’s fees paid in the year amounted to £7,780 (2024: £7,780 was paid to the outgoing Clerk, Mrs A Quinn and £1,200 was paid to the incoming clerk, Mrs D Haestier).

1. TRANSACTIONS WITH TRUSTEES

No Trustees have received any remuneration or expenses reimbursement in a personal capacity for acting as a Trustee (2024: same).

1. INDEPENDENT EXAMINERS REMUNERATION

The independent examiners remuneration amounts to an independent examiners fee of £1,188 (2024: £1,152) and accountancy services fee of £2,154 (2024: £2,100).

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MRS B L ROBINSON’S CHARITABLE TRUST

NOTES TO THE ACCOUNTS

AT 5 APRIL 2025 (continued)

6. INVESTMENTS

INVESTMENTS
		2025	2024
Listed investments		£	£
Stocks and shares		5,030,853	5,736,800
Movements in fixed	asset investments:
Market value at 6 April		5,736,800	5,473,915
Additions atcost		1,481,181	1,810,289
Disposal proceeds		(1,771,460)	(1,857,450)
Realised gain/(loss)	on disposal	(27,189)	(29,347)
Unrealised revaluation gain/(loss)		(388,479)	339,393
Market value at 5 April		5,030,853	5,736,800
				_
Historical cost as at	5 April	4,837,186	4,991,456
Investments canbe summarised as follows:
UK equities		1,443,197	1,873,266
Overseas equities		2,882,327	3,208,074
UK fixed interest		658,609	609,740
Overseas fixed interest		46,720	45,720
Marketvalueat5April		5,030,853	5,736,800

	The fairvalue oflistedinvestments is determinedbyreference to the mid-market price at the year	The fairvalue oflistedinvestments is determinedbyreference to the mid-market price at the year	end.
7.	CREDITORS
		2025	2024
		£	£
	Amounts falling due within one year
	Grants payable	53,000	62,500
	Accruals	11,287	11,970
		64,287	74,470
	Amounts falling due aftermore than one year
	Grants payable	40,000	-
		40,000	-

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MRS B L ROBINSON’S CHARITABLE TRUST

NOTES TO THE ACCOUNTS

AT 5 APRIL 2025 (continued)

8. GRANTS

	GRANTS
		2025	2024
	Charitable grants made to institutions duringthe period comprise:	£	£
	AirfieldVolunteer Fire Service	-	10,000
	All Saints Church Bedford	20,000	-
	Azalea	11,000	-
	Bedford Creative Arts	4,750	-
.	Bedford Tigers CommunityFoundation	4,618	-
	Bedfordshire Refugee& Asylum Seeker Support (BRASS)	7,000	-
	Biggleswade Sea Cadets	15,000	-
	British Limbless Ex-Servicemen’s Association (BLESMA)	-	4,500
	British Wireless for the Blind	1,300	-
	CountryDays Ltd	-	1,000
	Emmaus Turvey (Emmaus Village Carlton)	20,000	-
	Families UnitedNetwork	-	3,000
	Fun4Young People (F4YP)	2,000	-
	GSEUK(Bedford Scout Group)	-	2,000
	Great BarfordPCC	5,000	-
	Handicapped ChildrenAction Group (HCAG)	1,100	-
	Impakt Housing& Support	6,216	-
	Keech Hospice	50,000	-
	Kids in Action	12,441	-
	KingsArms Project (Bedford)	-	9,600
	Leighton Linslade Citizens Advice Bureau	-	10,000
	Luton AllWomen Centre	30,000	-
	Luton Sea Cadets	-	12,000
	Magpas AirAmbulance	3,568	-
	New Life Charity forDisabled Children	-	5,000
	Noah Enterprise	10,000	-
	Renhold Baptist Chapel	5,000	-
	SheffordMethodist Church	-	3,000
	Shine	-	1,000
	St Andrew’s Church, Ampthill	10,000	-
	St Mary’s Church Clophill	-	7,500
	StMaryMagdalene ChurchRoxtonPCC	-	700
	Sue Ryder	-	11,200
	Tempsford Parochial Church Council	1,100	-
	The Bedfordshire HospitalsNHS Charity	-	10,000
	The Friends ofAll Saints Church Shillington	-	5,500
	The Luton Culture Trust (Hat Industry and Headwear)	-	5,500
	TheNeed Project Central Bedfordshire	5,000	-
	Wilstead Preschool Playgroup	8,000	-
	WilsteadPrimary School	-	15,000
		233,093	116,500

MRS B L ROBINSON’S CHARITABLE TRUST

NOTES TO THE ACCOUNTS AT 5 APRIL 2025 (continued)

9. ANALYSIS OF NET ASSETS BY FUND

9.	ANALYSIS OF NET ASSETS BY FUND
		Income	Expendable	2025
		Fund	Endowment	Total
		£	£	£
	Fixed asset investments	-	5,030,853	5,030,853
	Current assets	153,060	182,613	335,673
	Current liabilities	(64,287)	-	(64,287)
	Creditors more thanone year	(40,000)	-	(40,000)
		48,773	5,213,466	5,262,239
		Income	Expendable	2024
		Fund	Endowment	Total
		£	£	£
	Fixed asset investments	107,666	5,629,134	5,736,800
	Current assets	147,954	-	147,954
	Current liabilities	(74,470)	-	(74,470)
	Creditors more thanone year	-	-	-
		181,150	5,629,134	5,810,284
10.	FUND RECONCILIATION
	Unrestricted		2025	2024
			£	£
	Income fund at 6 April		181,150	186,694
	Net income /(expenditure) forthe year		(132,377)	(5,544)
	Incomefundat5April		48,773	181,150

The unrestricted income fund comprises funds that the Trustees are free to use in accordance with the charitable objects.

MRS B L ROBINSON’S CHARITABLE TRUST

NOTES TO THE ACCOUNTS

AT 5 APRIL 2025 (continued)

FUND RECONCILIATION (continued)

Endowment	2025	2024
	£	£
Expendable endowment fund at 6 April	5,629,134	5,319,088
(Losses) / gains	(415,668)	310,046
Expendableendowmentfundat5April	5,213,466	5,629,134

The Expendable Endowment Fund comprises an investment portfolio which was donated to the trust. It is held as an expendable endowment to provide investment income to enable the Charity to achieve its aims. The Trustees have agreed levels of reserves which are to be regarded as part of the endowment fund.

1. TRANSACTIONS WITH RELATED PARTIES

There were no related party transactions in the year (2024: same).

12. FINANCIAL INSTRUMENTS

The carrying amount of the Charity’s financial instruments are as follows:

	2025	2024
	£	£
Financial assets
Measured at fairvaluethrough netincome / expenditure:
Fixedassetlistedinvestments(note6)	5,030,853	5,736,800

The income, expenses, net gains and net losses attributable to the charity’s financial instruments are summarised as follows:

.

Income and expense Financial assets measured at fair value through net income 110,804 122,268

The total interest income for financial assets that are not measured at fair value was £5,841 (2024: £3,044).

Net gains and losses (including changes infair value): Financial assets measured at fair value through net income / expenditure (415,668) 310,046