Company registration number 03591497 (England and Wales)
Charity registration number 1073252 (England and Wales)
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs P A Norvall
Mrs Heather Graham
Mrs Emma Golder
Mrs Barbara Marlow
Country of incorporation
United Kingdom
03591497
(England and Wales)
Charity registration
England and Wales
1073252
Registered office
10 Oulton Road
Stone
Staffordshire
England
ST15 8DZ
Accountants
The Chartwell Practice Ltd
Chartwell House
4 St. Paul's Square
Burton-on-Trent
Staffordshire
England
DE14 2EF
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
CONTENTS
Page
Trustees report
1
Accountants' report
2
Statement of financial activities
3
Balance sheet
4
Notes to the financial statements
5 - 10
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

The trustees present their report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 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 (FRS 102) (effective 1 January 2019)".

Objectives and activities

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Financial review

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mrs P A Norvall
Mrs Heather Graham
Mrs Emma Golder
Mrs Barbara Marlow

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

The trustees r eport was approved by the Board of Trustees.

Mrs Heather Graham
Trustee
Dated: 10 March 2026
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
CHARTERED ACCOUNTANTS' REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The S. Mary And S. Anne Abbots Bromley Foundation for the year ended 31 December 2025, which comprise the statement of financial activities and the related notes from the charity’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made to the charity's trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The S. Mary And S. Anne Abbots Bromley Foundation and state those matters that we have agreed to state to the charity's trustees, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The S. Mary And S. Anne Abbots Bromley Foundation and the charity's trustees as a body, for our work or for this report.

It is your duty to ensure that The S. Mary And S. Anne Abbots Bromley Foundation has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus of The S. Mary And S. Anne Abbots Bromley Foundation. You consider that The S. Mary And S. Anne Abbots Bromley Foundation is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report.

We have not been instructed to carry out an audit or a review of the financial statements of The S. Mary And S. Anne Abbots Bromley Foundation. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

The Chartwell Practice Ltd
Chartered Accountants
Chartwell House
4 St. Paul's Square
Burton-on-Trent
Staffordshire
DE14 2EF
England
10 March 2026
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income from:
Investments
3
34
-
34
31
-
31
Total income
34
-
34
31
-
31
Expenditure on:
Charitable activities
4
654
-
654
678
-
678
Total expenditure
654
-
654
678
-
678
Net gains/(losses) on investments
8
-
8,154
8,154
-
(233)
(233)
Net income/(expenditure) and movement in funds
(620)
8,154
7,534
(647)
(233)
(880)
Reconciliation of funds:
Fund balances at 1 January 2025
7,017
18,778
25,795
7,664
19,011
26,675
Fund balances at 31 December 2025
6,397
26,932
33,329
7,017
18,778
25,795

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 4 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
10
30,038
21,883
Current assets
Cash at bank and in hand
3,945
4,566
Creditors: amounts falling due within one year
11
(654)
(654)
Net current assets
3,291
3,912
Total assets less current liabilities
33,329
25,795
The funds of the charity
Restricted income funds
12
26,932
18,778
Unrestricted funds
13
6,397
7,017
33,329
25,795

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 10 March 2026
Mrs Heather Graham
Trustee
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
1
Accounting policies
Charity information

The S. Mary And S. Anne Abbots Bromley Foundation is a private company limited by guarantee incorporated in England and Wales. The registered office is 10 Oulton Road, Stone, Staffordshire, ST15 8DZ, England.

1.1
Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 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 (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 6 -
1.5
Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources.

1.6
Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.7
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Taxation

The charity is exempt from corporation tax on its charitable activities.

1.9
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from investments
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Interest receivable
34
31
4
Charitable activities

Charitable Expenditure

Charitable Expenditure

2025
2024
£
£
Governance costs
654
678
5
Support costs
Support costs
Governance costs
2025
Support costs
Governance costs
2024
£
£
£
£
£
£
Accountancy
-
654
654
-
678
678
-
654
654
-
678
678
6
Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
7
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
Total
4
4
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel

There was no remuneration paid in this financial year

8
Gains and losses on investments
Restricted
Restricted
funds
funds
2025
2024
Gains/(losses) arising on:
£
£
Revaluation of investments
8,154
(233)
9
Taxation

The charity is exempt from tax ation on its activities because all its income is applied for charitable purposes.

10
Fixed asset investments
Listed investments
Add investments 1
Total
£
£
£
Cost or valuation
At 1 January 2025 & 31 December 2025
17,962
3,921
21,883
Carrying amount
At 31 December 2025
17,962
3,921
21,883
At 31 December 2024
17,962
3,921
21,883
11
Creditors: amounts falling due within one year
2025
2024
£
£
Accruals and deferred income
654
654
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 9 -
12
Restricted funds

The restricted funds of the charity compri se the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be use d.

At 1 January 2025
Gains and losses
At 31 December 2025
£
£
£
18,778
8,154
26,932
Previous year:
At 1 January 2024
Gains and losses
At 31 December 2024
£
£
£
19,011
(233)
18,778
13
Unrestricted funds

The unrestricted funds of the charity compri se the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be use d. The se include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January 2025
Incoming resources
Resources expended
At 31 December 2025
£
£
£
£
General funds
7,017
34
(654)
6,397
Previous year:
At 1 January 2024
Incoming resources
Resources expended
At 31 December 2024
£
£
£
£
General funds
7,664
31
(678)
7,017
THE S. MARY AND S. ANNE ABBOTS BROMLEY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 10 -
14
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 December 2025:
Investments
(30,038)
-
30,038
Current assets/(liabilities)
(3,291)
-
3,291
(33,329)
-
33,329
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 December 2024:
Investments
(21,883)
-
21,883
Current assets/(liabilities)
(3,912)
-
3,912
(25,795)
-
25,795
15
Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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