Edridge Fund of Napo ACCOUNTS & ANNUAL REPORT for the year ended 31 December 2024 Administrative Detsils Full name: The Edridge Fund of Napo the Trade Union and Professional Association for Family Court and Probation Staff Reg Charity No: 803493 Registered Offi. Boat Race House, 65 Mortlake High Street, London, SW14 8HL Bankers.. Unity Trust Bank Plc. Nine Brindley Place, Birmingham B12HB Investment Aberdeen Fund Managers Ltd, PO Box 9029, Chelmsford, Essex, CM99 Managers: 2WJ Independent Peter Smith, Wayside, Dairy Lane, Aston Juxta Mondrum, Nantwich, Examiner: Cheshire. CW5 6DS Report of the Trustees The Trustees present their annual report with the accounts of the Fund for the year ending 31 sl Dember 2024. The accounts comply with the Fund's Trust Deed, the Charities Act 1993 (as amended by the Charities Act 2006), as well as the "Statement of Recommended Practice.. Accounting and Reporting by Charities" Charities Commission 2005, revised in 2014, and the Financial Reporting Standard FRS 102, to the extent that it applies. Trustees The Trustees who held office during the year were as follows: Alan Goode (East Midlands) Appointed November 2019 - Chair of Trustees David Stevens (Mercia) Appointed November 2014, completed December 2024 - VI Chair Carolyn Mack (East Midlands) Appointed September 2016, re-elected 2021 lan Hankinson (Mercia) Appointed March 2018, re-elected March 2023 Peter Rowe (CheshirelGreater Manchester) Appointed November 2018, completed April 2024 Francis Sanders (Cheshire/Greater Manchester) Appointed September 2019, completed December 2024 Kevin Ling (Essex) Appointed January 2024 Andrew Dellar (East Coast) Appointed November 2024 Christine Munn (South Southwestern) Appointed November 2024 Kenneth Boyall (East Coast) Appointed September 2019, completed October 2024 Alan Goode was re-appointed as Chair in April 2024. David Stevens was re-appointed as Vice Chair in April 2024. Staff Karen Monaghan Secretary to Trustees Jeanne Peall Honorary Treasurer Sarah Byatt Administrator
Edridge Fund of Napo STRUCTURE GOVERNANCE AND MANAGEMENT The Edridge Fund (The Fund) operates as an unincorporated association in accordance with a Trust Deed dated 1st May 1990 and subsequent amending deeds dated 11 th July 2003, 9th May 2013 and as amended by scheme dated 6th July 2020. The Trust Deed of 1990 established the Fund as an independent charity but retained close links with Napo the Trade Union and Professional Association for Probation & Family Court Staff, which have been present from the Fund's original foundation in 1934. The Deed of 1990 stipulates that Trustees are appointed by the members of the Napo National Executive Committee by election from candidates nominated by Napo branches. A maximum of five Trustees are elected to serve for a five-year period. No Trustee may serve more than fvrfo consecutive terms. Should elections not take place, Trustees are empowered to elect a Trustee, nomally from those nominated. New Trustees are provided with an induction pack, which is reviewed regularly. The pack includes relevant information regarding the Fund's constitution and guidance from the Charity Commission on the responsibilities and duties of trustees. They are in contact with the staff and other Trustees for support and advice and undertake a period of shadowing with a mentor Trustee prior to being a Rota Chair for grant applications. The Trustees meet five times a year, which have taken place via Zoom for three meetings, and two fa to face meetings this year. The level of income is reviewed, and financial decisions made accordingly. Trustees consider reports from staff on activities and review the charity's policies and governan Complian regularly. During the year, Trustees consider applications for assistance as soon as they are reIved, with the aim to complete the process within three weeks, but is usually much shorter, and in emergencies can be within hours. Decisions made by email are then ratified at Trustees, meetings. The Fund is administered by staff working remotely, with appropriate measures taken to ensure the security of confidential information in accordance with GDPR. The principal financial and operational records are held electronically on a server provided by Napo, though offirS and staff of Napo have no aCsS to those records. The Trustees try to ensure that we operate as fair employers. We try to ensure we follow all appropriate employment legislation, with supervision and support for staff provided by the Chair of the Fund. OBJECTIVES AND ACTIVITIES The objects of the Fund as set out in the Trust Deed dated 1 St May 1990 are as follows.. monies subscribed, donated, or raised for the Fund shall be applied in accordance with the Deed to assist eligible persons when in need, hardship, or distress, whether or not they have been members of Napo. This covers a wide range of probation and family court staff, but essentially applies to anybody who could be a full member, retired member, or professional associate of Napo. In addition, this covers in some cirCumstans, dependants. The primary work of the Fund is to provide financial assistance. Grant applications are considered in line with the process outlined above. In some cases, applicants are given advice, either directly from the Trustees, or with the assistan of local Edridge Representatives. This advice is usually to help applicants obtain further help elsewhere, and never involves giving financial advice.
Edridge Fund of Napo The secondary work of the Fund is to ensure that we continue to have the reSoUrS to maintain our financial assistance. The major contribution to the Fund is the donation we receive from Napo, and in recent years we have also been assisted with substantial grants from the CSIS Charity Fund, for which the Board are very grateful. The Fund also receives income from occasional legacies, donations, and gifts either on a regular basis, or other occasional donations. A small income is received from the "50150 Club" which is a registered small lottery, and from sales of Christmas Cards and other merchandise, predominantly at the Napo AGM. There are also sponsored, and local fundraising events held by Napo branches. An Investment Portfolio is maintained to provide a free reserve for the Fund, and this is managed professionally. The Fund also worfis to promote wider knowledge of the Fund, firstly to increase the awareness of the assistan available to those in need, and secondly to publicise the work of the Fund to increase donations. To this end we regularly contribute pieces to the Napo Magazine and on social media. The Fund's website is intended to assist both potential applicants for assistance, and existing and potential donors. Representatives of the Edridge Fund attend probation-related cOnferenS and events to promote the work of the Fund. The Charities Act 2006 places a responsibility on charities to ensure that they are for the benefit of the public, or a section of the public. The Trustees confirm that they have had regard to the Charities Commission general guidan on public benefrt and reviewed the aims and activities of the Fund in the light of that guidance. The Trustees are of the opinion that the Fund satisfies these requirements. A lications for Assistsnce The total number of applications in 2024 was 129, which is a significant increase on the number received in 2023 (102) and 2022 (100). However, the total amount paid in grants during 2024 decreased by 12 % compared with 2023. Grants were paid in respect of 69 of the applications. 60 were not successful because the applicants were not eligible, the application was withdrawn, or they were not deemed to be in financial hardship. The percentage of the total applications for 2024 that were successful was 53 % , compared with 2023 when the perntage of successful applications was 700/0 of the total. The percentage of refused applications in 2024 was 470/0, an increase compared to 2023 when it The average grant paid was £386, which is an decrease on 2023 where the average grant was £426. The amounts granted ranged from £120 to £500. The Trustees continue to attempt to make grants that match the immediate needs of the applicant. There were more applications from non-Napo members than from Napo members. In 2024 the overall amount paid to Napo members was less than the amount paid to other applicants. Two members of other Unions reiVed a grant. We have continued the practice of referring applicants from other Unions to their own Welfare Funds, before considering an application. All applicants employed by HMPPS are now advised of their eligibility for the potential assistance available from the Civil Service Charity "Charity For the Civil Service {CFCS)' on the basis that those applicants are now Civil Servants. This is a much larger Charity and can provide various forms of help beyond financial assistan.
Edridge Fund of Napo A full analysis of the applications has been made, including analysis of the Diversity questionnaires applicants are asked to complete with their applications. The aim of doing this is for the Trustees to ensure that decisions on applications do not indicate any discriminatory bias. Set out below is a table of the key results of this analysis under various headings. All the percentages are a based on successful applications, but we confirm that the same analysis has been completed on the applications refused. The proportions in all categories are roughly the same. The Diversity figures are based on 120 forms as a number were not completed. In 2 % of these fonns, the ethnicity section was blank. Analysis of Successful Applications Union Membershi Na None 570 £15,260 52Yo £15, 755 Other Union Total Paid 2024 Amount Paid £10,670 45°A £13,660 £700 3Y. £850 £26,630 2023 Amount Paid £30,265 Ethnic Back round 2024 Whits 770 Black 140 Mixed 20 Asian 50 Gender Male Female 730 Trans 00 ender 2024 Prefer not to answer Sexual Orientation 2024 Bi-sexual Ga l Lesbian Heterosexual 3/0 Prefer not to answer Disabili Yes No 2024 30 Governance During 2024, Trustees continued to ensure the Fund was well placed to address issues relating to its work in the future. The Trustees also agreed to review maximum grant levels on at each meeting to ensure applicants needs were being met whilst keeping a balanced budget. Financial Review Donations and fund raisin In 2024 the majority of the income of the Edridge Fund was, On again, provided by grants from Napo and from CSIS (Civil Service Insurance Society). In addition, funds were reiVed from a bequest from the estate of Anna Martin. The Trustees remain very grateful for the contributions made by Napo and CSIS, which are of considerable Significan in enabling the Fund to continue
Edridge Fund of Napo to provide assistan to current and retired Family Court and Probation staff and their dependants who are in need. The 50150 Club continued to provide a steady Sour of income, albeit with a small reduction on the previous year. As a result of some members donating all or a proportion of their winnings back to the Fund, the net benefit was slightly more than 50 % of the income received. Aside from this, regular donations continue to decline, which has been the case throughout the charity sector. Fundraising through Branches and the Family Court Section increased in comparison to 2023. However, the Importan of a 'in person, Napo AGM to Edridge was once again confirmed, with another sucSsful year in terms of fundraising through the Edridge stall. £656 was raised through donations, 50150 Club sign-ups, sales of merchandise and the bucket collection. Administration and Ex enditure Expenditure on administration continued to be tightly managed but did increase in 2024 due to the one-off costs of re-printing leaflets and renewal of the Edridge Tern trademark. These costs are within office costs in the notes to the accounts. The majority of applications are now handled on-line and most communication is by email, resulting in greatly reduced postal costs. Payment of InvolS, grants and 50150 prizes continue to be largely by bank transfer (BACS). Governance costs, which usually cover Trustee travel expenses and meeting costs, increased in 2024 due to a Trustee attending a HMPPS event to represent the Edridge Fund. The Trustees held two in- person meetings and three meetings via Zoom. Edrid e Investments In August 2020, the monies returned by HSBC Investments were reinvested and are now managed by Aberdeen Investments. Our invested funds have recovered from the 2022 market turmoil, with a modest level of growth by year end 2024. Future Plans The Trustees intend to seek to reinvigorate the role of the Edridge representatives across the country, not only to provide support and assistan to colleagues, but also to assist with raising awareness of the Fund. We hope that this will also serve to grow income streams through additional donations and fundraising activity. The Trustees will continue to promote the benefits to the Fund of regular donations and payroll giving but will also explore ways of increasing the proportion of income raised through grassroot fundraising activity. DECLARATION The Trustees declare that they have approved the Trustees, Report above Signed: Alan Goode - Chair of Trustee 31st July 2025
Edridge Fund of Napo CHAIR'S REPORT l am pleased to be able to present this report on the work of the Edridge Fund during 2024 and in so doing to seek your endorsement. I would wish to pay tribute to the Trustees, the local representatives and the staff group who have continued to work diligently and efficiently to enable the fvnd to respond to those in need of assistance throughout the year. Particular thanks are due to David Stephens and Francis Sanders who both completed their terms of Offi as Trustees at the end of 2024, and we welcome Andrew Deller and Christine Munn who took up the role having been appointed by the NEC in November last year. The great majority of applications for assistance come from current staff of the Probation Service with only a handful of applications from people who are eligible for other reasons. Essentially to be eligible to re1ve a grant an applicant must be eligible to join NAPO. Where applicants are eligible the Trustees will then determine whether they consider the applicant to be in financial hardship before deciding a grant. Although the fund is only able to offer relatively small grants, currently to a maximum of £500, we do get applications from people in significant financial hardship for whom our ability to respond quickly, where often they have nowhere else to turn has been hugely important to them. Through the course of the year many people turned to the fund at points of personal crisis when some particular situation had tipped them over the edge to a point where they could not manage. Often relationship breakdown, establishing a home as a single parent and domestic abuse has lain behind requests for help. Some applicants have faced long term health problems and resultant reduction in income which has left them struggling financially. Many applicants have fallen into difficulties in coping with the day to day implications of managing on a low income with many people having fallen into serious debt which has reduced their ability to cope when hit by some unforeseen crisis. The overall financial position of the fund has remained reasonably healthy although this has been in large part as a result of us benefitting from some generous legacy payments in the last few years. The fund continues to receive generous grants from both NAPO and the Civil Service Insurance fund which provide the bedrock of finance to sustain the charity in its work and without which we would not survive. Given that support, and benefitting from the legacies we have received we have been able to broadly maintain the level of grants we have awarded although there have been slightly fewer grants made than in the previous year. However, we are operating in a context in which we have to recognise that the reductions in NAPO membership have seen a significant decrease in the grant that NAPO can offer the fund, and changes in work practices have equally impacted on reducing the monies raised in donations from staff in local areas. These reductions of £17,000 and £9,000 respectively since the 2010 report was presented have only been managed because we have benefited from those generous legacies as mentioned. It is in that context then that I would ask those of you in a position to do so to consider making a donation to the fund and to remember the fund when you come to draw up your own will! Conference is always a source of generosity to the fund and in that spirit I would ask you to endorse this report. Finally, I would like to thank those people who act as Edridge representatives in local areas who can often act as a bridge befvrfeen an applicant and the fund and who ensure that the work of the fund is publicised at a local level. At a practical level we often find it difficult to get
Edridge Fund of Napo information about changes in role locally so could l ask that all branches represented at Conferen ensure that when they get back to work next week that they get their Edridge rep to contact the Edridge office to confirm their contact details. Alan Goode - Chair of Trustees 31st July 2025 Independent Examiner's Report on the Accounts Report to the Trustees of The Edridge Fund of Napo On accounts for the year ended 3111212024, set out on pages 8 -12 , Charty no. 803493 RESPONSIBLITIES & BASIS OF REPORT I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3111212024. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (llhe Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 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 ]. Delete l ] rfnot applicable. I have completed my examination. I confim that no material matters have come lo my attention in connection with the examination, which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records; or the accounts did 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 COnrnS 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. Signed. Peter John Smith 211812025 Address: Wayside, Dairy Lane, Astra Juxta Mondrum, Nantwich, cheshi CW5 6DS Relevant professional qualification: Retired Chartered Accountant
Edridge Fund of Napo statoment of Financial Activities for the year ended 31 December 2024 Unrostricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Income from: Notes Donations and legacies Investment Income & Bank interest Charitable activities Fund raising Merchandise sales Grants re1vable 11 &7 33,787 2,020 33,787 2,020 19,007 1,651 10 3,597 103 11.435 3,597 103 11,435 3,353 303 11,414 Totsl Income 50,942 50,942 35,728 Expenditure on.. Raising Funds.. Cost of raising funds Investment Management Charitable activities.. Grants payable Management and delivery of activities 2 ,4, 1,705 1,705 1,624 26,630 15,693 26,630 15,693 30,265 14,077 Total Exponditure 44,028 44,028 45,966 Net Incomel(expenditure} befor• Investment gainsl(losses) 6,914 6,914 (10,238) Net gainsl(losses) on investments Net incomellexpendlture) before transfers Transfers befvrfeen funds 16,688 16,688 516 Net movement in funds 16,688 16,688 516 Total funds brought forward 273,924 1,911 275,835 275,319 Total funds carried forward at 3111212024 290,612 1,911 292,523 275,835
Edridge Fund of Napo BALANCE SHEET As at 31st Dernber 2024 Notes 2024 2023 FIXED ASSETS Tangible Assets Investments Nil 209,740 10 199,966 CURRENT ASSETS Debtors Cash at Bank and in Hand 71 2,648 75,818 85,216 Creditors Amounts falling due within one year Accruals 2,504 2,597 Net Current Assets Total Assets less Current Llabllities 295,027 292,523 278,432 275,835 Net Ass6ts 292,523 275,835 Charlty Funds Unrestricted Funds Restricted Funds 290,612 1,911 273,924 1,911 Total Funds available to the Fund 292 523 275,835 These financial statements were submitted to the Trustees and were approved, subject to a satisfactory Independent Examination Alan Goode Chair of the Trustees, 218t July 2025
Edridge Fund of Napo Notes forming part of the Accounts FOR THE YEAR ENDED 31 DECEMBER 2024 1. ACCOUNTING POLICIES Our AcGounting policies remain as ported in previous years. 2. MANAGEMENT AND DELIVERY OF THE CHARITIES PURPOSE 2024 2023 Notes staff Salaries Office Services including rent Office Costs, postage, computer running costs etc Insurance Depreciation on fixed assets Equipment Purchase Bank charges 11,994 704 1,155 932 11,131 654 404 851 30 149 185 14,964 3. TANGIBLE ASSETS The Trustees have once again concluded that our stocks of goods for sale, and operational equipment, is at a level where it would not be appropriate to account for depreciation, and this would not have any material effect on the accounts. 4. GOVERNANCE COSTS 2024 2023 Trustees, expenses Meeting Expenses (zoom & room fee) Audit and accountancy Napo Conference expenses Trustees Training 591 138 390 133 729 523 5. CREDITORS Wages payment ft)r December 2024 Grants 127124, 128124, 129124 paid in 2025 Web charges Quarter 4 2024 50 50 prize May, Nov, Dec 2024 Corporate Credit Card Dec 24 1,007 1,075 126 246 50 2,504 10
Edridge Fund of Napo 6. FUND RAISING INCOME Fund Raising and Sponsored events 50150 Club Subscriptions ' 1,653 1,944 3,597 'The net benefits to the Fund from the 50150 Club is £999 for the current year. 7. TUUT GRANT RESTRICTED FUNDS As reported in our 2019 Accounts we had received a grant for specific purposes, which was to fund the purchase of card reading machines for fund raising purposes. The balance of the restricted funds are retlected in the accounts. The sum of £154 was spent in 2019. There has been no further expenditure during the current year. 8. GIFT AID TAX REFUNDS GiftAid refund 202212023 Gift Aid refund 202312024 629.89 579.75 Total received 2024 1,209.64 The above claims were submitted in 2024, bringing Gift Aid Refvnds up to date. £1,209.64 is within the figure for regular donations and gifts. 9. DEBTORS Text to Donate Oct 24 71 10. INVESTMENTS In March 2020 the Trustees appointed Aberdn Investments as their Investment Managers. Valuation is market value, certified by our investment managers at 31112124. Income received from the underlying investments is retained within the Fund and transferred to capital. The increase in value of the portfolio during 2024 reflects the increase in market value. 11. VOLUNTARY INCOME- SPECIAL ITEMS CSIS Charity Fund 10,000
Edridge Fund of Napo 12