| ObjectivesofTrust: | TheTrusteesshallapplythenetannualincomeforthebenefitofsuchcharitableorreligious |
|---|---|
| bodies,associationsororganisationsorsuchothercharitableobjectsorpurposewhichthe | |
| lawregardsascharitableorforthebenefitofanypersonorpersonsinneedy circumstances. | |
| TheTrusteesdo notengagedirectlyincharitableactivitiesorprojects. | |
| BysupportofothercharitiestheTrusteesaimistoprovidepublicbenefitbyensuringthatthe | |
| frontlinecharitableactivitiesofthoseorganisationscanbesustained. | |
| TheprincipalactivityoftheTrustisgrantmaking. | |
| GrantMakingPolicy | TheTrusteeshavecontinuedtheirpolicyofmakingdonationstothoseorganisationstheyfeel |
| requiremostsupportandwhosepurposesfallwithinthespectrumoftheTrustdeed. | |
| ReportontheActivities | TheTrust'spublicbenefithasbeendischargedbymakingdonationsinaccordancewithits |
| oftheTrust | objectives,aimsandgrantmakingpolicy,toorganisationsdirectlyinvolvedintheprovision |
| ofcharitableservices. | |
| IntheyearunderreviewtheTrusteesreceivedanumberofapplicationsandawarded | |
| donationstotalling£12,565.00(2024£11,010.00)to10organisations(202411organisations) | |
| asrecordedatNote8. | |
| InvestmentPolicy | InaccordancewiththeTrustDeed,theTrusteeshavepowertoinvestinsuchstocks,shares, |
| andPerformance | investmentsandpropertyastheyintheirsolediscretionthinkfit.Followingareviewofthefunds |
| theTrusteesdecidedtotransfermanagementoftheinvestmentfunds,QuilterCheviot. | |
| TheTrustees’investmentpolicyisgearedtowardsabalancedreturnbetweencapitalandincome. | |
| Intheyearto30thSeptember2025capitalvalueshaveappreciatedby7.40%(2024appreciated | |
| by3.44%)andgrossinvestmentincomeincreasedby200.77%(2024increased173.57%).The | |
| capitalappreciationisafterdisposalstomeet donationsalthoughthishasbeenoff-setbyhigher | |
| marketpricesattheaccountdate,asevidencedbyunrealisedgainsofapproximately£27,000.00. | |
| Theincreaseininvestmentincomeisduetohigherdistributions. |
| Notes | 2025 | 2024 | |
|---|---|---|---|
| £ | E | ||
| Fixedassets | |||
| Investments | 3 | 376,554.00 | 352,877.36 |
| Currentassets | |||
| CashonDeposit | 14,806.21 | 19,731.84 | |
| 14,806.21 | 19,731.84 | ||
| Less: | |||
| Currentliabilities | |||
| Creditors:amountsfallingduewithintwelvemonths | 2 | (2,640.00) | (1,920.00) |
| (2,640.00) | (1,920.00) | ||
| Netcurrentassets | 12,166.21 | 17,811.84 | |
| Totalassets | 388,720.21 | 370,689.20 | |
| Fundsofthecharity | |||
| Unrestrictedfunds | 388,720.21 | 370,689.20 | |
| Totalcharityfunds | 388,720.21 | 370,689.20 | |
| Allfundsareunrestricted | |||
| Thenotesonpages9to13formpartoftheseaccounts. |
| Total | |||
|---|---|---|---|
| Notes | 2025 | 2024 | |
| £ | £ | ||
| Incomeandendowmentsfrom: | |||
| Investments | 4 | 7,595.56 | 4,524.34 |
| Totalincome | 7,595.56 | 4,524.34 | |
| Expenditureon: | |||
| Costofraisingfunds | |||
| Investmentmanagement | (2,841.70) | - | |
| Charitableactivities | |||
| Donations | 8 | (12,565.00) | (11,010.00) |
| Supportandgovernancecosts | 5 | (4,560.00) | (4,560.00) |
| Totalexpenditure | (19,966.70) | (15,570.00) | |
| (12,371.14) | (11,045.66) | ||
| Netgains/losses)oninvestments | 3 | 30,402.15 | 26,717.34 |
| Netincome/(expenditure)andnetmovementinfunds | 18,031.01 | 15,671.68 | |
| Reconciliationoffunds | |||
| Totalfundsbroughtforward | 370,689.20 | 355,017.52 | |
| Totalfundscarriedforward | 388,720.21 | 370,689.20 | |
| Allfundsareunrestricted | |||
| Thenotesonpages9to13formpartoftheseaccounts. | |||
| Alloftheamountsrelatetoongoingactivities. |
| Investments | 2025 £ |
2024 £ |
|
|---|---|---|---|
| Fairvalueasat30/09/24 | 352,877.36 | 341,126.79 | |
| Acquisitions | 191,326.59 | 223,080.96 | |
| Disposals | (198,052.10) | (238,047.73) | |
| Netrealisedgains/ (losses) | 5,708.71 | 15,357.11 | |
| Unrealisedgains/ (losses)onrevaluation | 24,693.44 | 11,360.23 | |
| 30,402.15 | |||
| FairvalueofInvestmentsat30/09/25 | 376,554.00 | 352,877.36 | |
| E | % | ||
| UKFixedInterest | 83,278.00 | 22.12 | |
| OverseasFixedInterest | 6,739.00 | 1.79 | |
| UKEquities | 56,416.00 | 14.98 | |
| NorthAmericaEquities | 117,712.00 | 31.27 | |
| Europe(ExUK)Equities | 23,010.00 | 6.11 | |
| JapanEquities | 9,468.00 | 2.51 | |
| Asia(ExJPN)Equities | 4,950.00 | 1.31 | |
| EmergingMarkets | 23,832.00 | 6.33 | |
| Global | 4,118.00 | 1.09 | |
| AlternativeInvestments | 47,031.00 | 12.49 | |
| 376,554.00 | 100.00 |
| 4 | Investmentincome | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Dividends&interest | 7,051.73 | 3,512.39 | |
| Depositinterest | 543.83 | 1,011.95 | |
| 7,595.56 | 4,924.34 |
| Supportandgovernancecosts | 2025 | 2024 | |
|---|---|---|---|
| £ | £ | ||
| Supportcosts | |||
| TurcanConnellLegal&Administration | 2,304.00 | 2,304.00 | |
| 2,304.00 | 2,304.00 | ||
| Governancecosts | |||
| TurcanConnell-Accountancy | 1,536.00 | 1,536.00 | |
| IndependentExamination | 720.00 | 2,256.00 | 720.00 |
| 4,560.00 | 4,560.00 |
| 8 | Donations | S iniS |
oO | S imB |
ay | |
|---|---|---|---|---|---|---|
| Health | ||||||
| RoyalCommonwealthSocietyfortheBlind | 40.00 | |||||
| ChildGrowthFoundation | 25.00 | |||||
| StJohn'sofJerusalemEyeHospitalGroup | 2,560.00 | |||||
| 2,625.00 | ||||||
| Religion | ||||||
| ChurchoftheSacredHeartsofJesus&Mary | 1,000.00 | 1,000.00 | ||||
| 1,000.00 | ||||||
| CommunityDevelopment | ||||||
| FoundationScotland | 100.00 | |||||
| TheGFestival | 5,940.00 | |||||
| SimonRivett-CarnacTrust | 100.00 | |||||
| EvelynGlennieFoSundation | 500.00 | |||||
| ArmyCadetForceLeague,WestLowland | 300.00 | |||||
| Hopefull | 2,000.00 | |||||
| TheThresherRoom | 2,745.00 | |||||
| Siobhan'sTrust | 250.00 | |||||
| Sustain | 170.00 | |||||
| WatermillFoundation | 250.00 | |||||
| 8,940.00 | - | |||||
| Conservation | ||||||
| GlobalCanopy | ||||||
| HampshireGardenTrust | ||||||
| 12,565.00 | 11,010.00 |