IRIS Accounts Production v26.1.10.61 Other Company accounts True false Pounds 1.1.25 31.12.25 31.12.25 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true true false true false false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06660648 2024-12-31 06660648 2025-12-31 06660648 2025-01-01 2025-12-31 06660648 2023-12-31 06660648 2024-01-01 2024-12-31 06660648 2024-12-31 06660648 ns0:CharitableCompanyLimitedByGuarantee 2025-01-01 2025-12-31 06660648 ns15:PoundSterling 2025-01-01 2025-12-31 06660648 ns11:FRS102 2025-01-01 2025-12-31 06660648 ns0:IndependentExaminationCharity 2025-01-01 2025-12-31 06660648 ns11:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 06660648 ns11:FullAccounts 2025-01-01 2025-12-31 06660648 ns0:CharitiesSORP 2025-01-01 2025-12-31 06660648 ns16:EnglandWales 2025-01-01 2025-12-31 06660648 ns11:RegisteredOffice 2025-01-01 2025-12-31 06660648 ns0:Trustee2 2025-01-01 2025-12-31 06660648 ns0:Trustee1 2025-01-01 2025-12-31 06660648 ns0:Trustee3 2025-01-01 2025-12-31 06660648 ns0:Trustee4 2025-01-01 2025-12-31 06660648 ns0:Trustee5 2025-01-01 2025-12-31 06660648 ns0:Trustee6 2025-01-01 2025-12-31 06660648 ns11:CompanySecretary1 2025-01-01 2025-12-31 06660648 ns0:Activity8 2025-01-01 2025-12-31 06660648 ns0:Activity8 2024-01-01 2024-12-31 06660648 ns10:WithinOneYear 2025-12-31 06660648 ns10:WithinOneYear 2024-12-31 06660648 ns0:TotalUnrestrictedFunds 2025-12-31 06660648 2 2025-01-01 2025-12-31 06660648 3 2025-01-01 2025-12-31 06660648 ns10:OwnedAssets 2025-01-01 2025-12-31 06660648 ns10:OwnedAssets 2024-01-01 2024-12-31 06660648 ns10:FurnitureFittings 2024-12-31 06660648 ns10:FurnitureFittings 2025-01-01 2025-12-31 06660648 ns10:FurnitureFittings 2025-12-31 06660648 ns10:FurnitureFittings 2024-12-31 06660648 ns10:ListedExchangeTraded ns10:CostValuation 2024-12-31 06660648 ns10:UnlistedNon-exchangeTraded ns10:CostValuation 2024-12-31 06660648 ns10:AdditionsToInvestments ns10:ListedExchangeTraded 2025-12-31 06660648 ns10:AdditionsToInvestments ns10:UnlistedNon-exchangeTraded 2025-12-31 06660648 ns10:DisposalsRepaymentsInvestments ns10:ListedExchangeTraded 2025-12-31 06660648 ns10:DisposalsRepaymentsInvestments ns10:UnlistedNon-exchangeTraded 2025-12-31 06660648 ns10:RevaluationsIncreaseDecreaseInInvestments ns10:ListedExchangeTraded 2025-12-31 06660648 ns10:RevaluationsIncreaseDecreaseInInvestments ns10:UnlistedNon-exchangeTraded 2025-12-31 06660648 ns10:ListedExchangeTraded ns10:CostValuation 2025-12-31 06660648 ns10:UnlistedNon-exchangeTraded ns10:CostValuation 2025-12-31 06660648 ns10:BetweenOneFiveYears 2025-12-31 06660648 ns10:BetweenOneFiveYears 2024-12-31 06660648 ns10:MoreThanFiveYears 2025-12-31 06660648 ns10:MoreThanFiveYears 2024-12-31 06660648 ns10:AllPeriods 2025-12-31 06660648 ns10:AllPeriods 2024-12-31 06660648 ns0:TotalUnrestrictedFunds 2024-12-31 06660648 ns0:TotalUnrestrictedFunds 2025-01-01 2025-12-31

REGISTERED COMPANY NUMBER: 06660648 (England and Wales)

REGISTERED CHARITY NUMBER: 1125937

| REPORT OF THE TRUSTEES AND |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| FOR |

| THE HELEN JEAN COPE CHARITY |

THE HELEN JEAN COPE CHARITY

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

| Page |

Report of the Trustees | 1 |  | to |  | 4

Independent Examiner's Report | 5 |

Statement of Financial Activities | 6 |

Balance Sheet | 7 |  | to |  | 8

Notes to the Financial Statements | 9 |  | to |  | 21

THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of 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

Objectives and aims

The objects of the charity are to distribute the charity's assets to local charitable causes which must be registered charities.

Public benefit

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

The objectives and everything the charity does is for the public benefit.

Grantmaking

The grant policy is to:-

- give donations to registered charities only.

- not to give to individuals.

- not to make any permanent on-going commitment to any one charity.

- to consider repeat applications on their merit and in the light of the financial position at that time.

- consider applications from non-local charities on their merit.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The charity has distributed 68 (2024: 43) grants to charities during the period.

FINANCIAL REVIEW

Financial position

The total expenditure during the period was £228,970 (2024: £117,577).

The charity has total funds carried forward of £13,581,921 (2024: £7,629,144) which will be used to continue meeting the charity's objectives.

During the year, the charity sold a portion of land for £7.6m net of the legal and professional costs incurred in negotiating the sale, recognising a gain of £5.7m. (see note 18) The monies recieved were added to the charities investment portfolio.

Investment policy and objectives

The Constitution authorise the trustees to make and hold investments using the assets of the charity. The trustees have entered into a discretionary management agreement of the investment portfolio with Charles Stanley and Company Ltd. The trustees have asked the brokers to take into account any social, environmental or ethical considerations when managing the portfolio. During the year the trustees also entered into a discretionary management agreement with Redmayne Bentley LLP, who now manage half of the investment portfolio.

The overall value of the charity's listed and unlisted investments holdings increased by £7,437,913 during the year, with the money recieved from the sale of the land (disclosed in note 18) deposited in the investment portfolio. Gross dividends received in the period amounted to £128,782 (2024: £79,927).

THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2025

FINANCIAL REVIEW

Reserves policy

The Charity's unrestricted funds are mainly invested in stocks and shares. The Charity does not solicit donations or receive any grants, nor does it provide continued funding to any organisations. The likelihood of a shortfall arising meaning that a reserve is necessary is considered so low that the Trustees believe that the Charity's reserves can be set at a level to simply cover the contractual expenses of the Charity relating to its continued operations which are as follows:

a) Lease of the office premises (maximum commitment of three years)

b) Public Liability and office Insurance

c) Salary of part time Administrator

d) Fees payable to professional advisers

e) General administration costs

f) Such other expenditure as the Trustees may from time to time consider necessary for the operation of the Charity

The Trustees have resolved that a sum sufficient to cover three years expenses shall at all times be reserved from the assets of the Charity or until such time as the Charity shall come to an end.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Helen Jean Cope Charity is a charitable company limited by guarantee and registered in England and Wales Number: 06660648.

Charity constitution

The charitable company was incorporated on 30 July 2008 and registered under the number 1125937 with the Charity Commission. The company took over the assets and operations of the charity "The Helen Jean Cope Trust" which was removed as a charity. The trustees of the charity were the same as the trustees of The Helen Jean Cope Trust. These were originally two of the executors named in the will of Miss Helen Jean Cope plus three additional trustees that were appointed in accordance with the discretion conferred by the will to the executors. Appointment of any further trustees is now at the discretion of existing trustees and in accordance with the Memorandum and Articles of Association.

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 winding up.

Organisational structure

The charity is run by six trustees who meet on a regular basis and consider applications for grants. Applications for grants are received from registered charities in the United Kingdom who hear about the charity by way of articles in local newspapers and also National Charities Register. Information regarding the charity is also held in local libraries.

The tenanted land and buildings are administered by the managing agents, E A Lane and Sons.

Risk management

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

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06660648 (England and Wales)

Registered Charity number

1125937

THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2025

Registered office

1 Woodgate

Loughborough

Leicestershire

LE11 2TY

Trustees

Miss Lindsay Ann Brydson

Mr Graham Sidney Freckelton

Mr Alan Roberts

Mr John Malcolm Carrington

Mr Anthony John Benskin

Mr Matthew Graham Freckelton

Company Secretary

Mr John Malcolm Carrington

Independent Examiner

Niall Kingsley FCA

Duncan & Toplis Limited

3 Princes Court

Royal Way

Loughborough

Leicestershire

LE11 5XR

Solicitors

Fieldings Porter

Silverwell House

Silverwell Street

Bolton

BL1 1PT

THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Bankers

HSBC Bank plc

P O Box 13

41 Market Place

Loughborough

Leicestershire

LE11 3EJ

Investment advisors

Charles Stanley and Company Limited

25 Luke Street

London

EC2A 4AR

Redmayne Bentley LLP

3 Wellington Place

Leeds

LS1 4AP

Land agents

E A Lane and Sons

100 Regent Road

Leicester

LE1 7DG

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved and authorised for issue by order of the board of trustees on 2 July 2026 and signed on its behalf by:

Mr Graham Sidney Freckelton - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

THE HELEN JEAN COPE CHARITY

Independent examiner's report to the trustees of The Helen Jean Cope Charity ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

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

1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. | the accounts do not accord with those records; or

3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Niall Kingsley FCA

Duncan & Toplis Limited

3 Princes Court

Royal Way

Loughborough

Leicestershire

LE11 5XR

14 July 2026

THE HELEN JEAN COPE CHARITY

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 DECEMBER 2025

| 2025 |  | 2024

| Unrestricted |  | Total

| funds |  | funds

| Notes | £ | £ |

INCOME AND ENDOWMENTS FROM

Investment income | 3 | 176,118 |  | 97,669 |

Other income | 4 | - |  | 200 |

Total | 176,118 |  | 97,869 |

EXPENDITURE ON

Raising funds

Investment management costs | 5 | 31,705 |  | 14,278 |

31,705 |  | 14,278 |

Charitable activities | 6

Charitable activities | 197,265 |  | 103,299 |

Total | 228,970 |  | 117,577 |

Net gains on investments | 6,005,629 |  | 971,617 |

NET INCOME | 5,952,777 |  | 951,909 |

RECONCILIATION OF FUNDS

Total funds brought forward | 7,629,144 |  | 6,677,235 |

TOTAL FUNDS CARRIED FORWARD | 13,581,921 |  | 7,629,144 |

THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

BALANCE SHEET

31 DECEMBER 2025

| 2025 |  | 2024

| Unrestricted |  | Total

| funds |  | funds

| Notes | £ | £ |

FIXED ASSETS |

Tangible assets | 16 | 178 |  | 285 |

Investments |

Investments | 17 | 9,562,189 |  | 2,124,276 |

Investment property | 18 | 3,250,000 |  | 5,331,050 |

12,812,367 |  | 7,455,611 |

CURRENT ASSETS |

Debtors | 19 | 3,361 |  | 6,789 |

Cash at bank | 786,321 |  | 174,551 |

789,682 |  | 181,340 |

CREDITORS |

Amounts falling due within one year | 20 | (20,128 | ) | (7,807 | )

NET CURRENT ASSETS | 769,554 |  | 173,533 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 13,581,921 |  | 7,629,144 |

NET ASSETS | 13,581,921 |  | 7,629,144 |

FUNDS | 22

Unrestricted funds:

| General fund | 11,521,697 |  | 3,603,094 |

| Fair Value Reserve | 2,060,224 |  | 4,026,050 |

13,581,921 |  | 7,629,144 |

TOTAL FUNDS | 13,581,921 |  | 7,629,144 |

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

BALANCE SHEET - continued

31 DECEMBER 2025

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

The financial statements were approved by the Board of Trustees and authorised for issue on 2 July 2026 and were signed on its behalf by:

Mr Graham Sidney Freckelton - Trustee

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | GENERAL INFORMATION

| The Helen Jean Cope Charity is a private Charitable Company Limited by Guarantee registered in England and Wales. The charity's registered number is 1125937 and the Company registration number is 06660648. The registered office and principal address of the charity is 1 Woodgate, Loughborough, Leicestershire, LE11 2TY.

| The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

| The financial statements cover the individual entity.

| The entity constitutes a public benefit entity as defined by FRS 102.

| There are no material concerns relating to going concern.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

| Financial reporting standard 102 - reduced disclosure exemptions

| The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

| • | the requirements of Section 7 Statement of Cash Flows.

| Income

| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

| To ensure compliance with the accruals concept it may be necessary to defer income into the following period.

| 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 the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

| Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

| Fixtures and fittings |  | 15% on cost |  |

| Investment property

| Investment property is shown at the most recent valuation.

| Taxation

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

| Fund accounting

| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Pension costs and other post-retirement benefits

| The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

| Investments

| Fixed asset investments are measured at fair value if the shares are publicly traded or can otherwise be measured reliably.

| The valuation of the unlisted shares is based on the charitable company's percentage shareholding of the net assets of the unlisted company which it holds shares in per the latest available accounts.

| Realised and unrealised gains or losses on assets are accounted for in full within the particular fund of which the asset forms a part.

| Value Added Tax

| The charity is not required to register for VAT. All income and expenses include VAT where applicable.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

3. | INVESTMENT INCOME

| 2025 |  | 2024

£ | £ |

| Rents received | 18,830 |  | 17,122 |  |

| Income from listed investments | 124,825 |  | 74,929 |  |

| Income from unlisted investments | 3,957 |  | 4,998 |  |

| Deposit account interest | 28,506 |  | 620 |  |

176,118 |  | 97,669 |  |

4. | OTHER INCOME

| 2025 |  | 2024

£ | £ |

| Bank compensation | - |  | 200 |  |

5. | INVESTMENT MANAGEMENT COSTS

| 2025 |  | 2024

£ | £ |

| Fund manager costs | 31,705 |  | 14,278 |  |

6. | CHARITABLE ACTIVITIES COSTS

| Grant |

| funding of |

| Direct | activities | Support |

| Costs (see | (see note | costs (see |

| note 7) | 8) | note 9) | Totals

£ | £ | £ | £ |

| Charitable activities | 39,590 |  | 151,825 |  | 5,850 |  | 197,265 |  |

7. | DIRECT COSTS OF CHARITABLE ACTIVITIES

| 2025 |  | 2024

£ | £ |

| Staff costs | 10,551 |  | 10,019 |  |

| Rates and water | 129 |  | 153 |  |

| Insurance | 2,085 |  | 2,051 |  |

| Light and heat | 1,881 |  | 3,343 |  |

| Telephone | 719 |  | 713 |  |

| Postage and stationery | 1,401 |  | 1,614 |  |

| Sundries | 4,781 |  | 2,736 |  |

| Rent | 9,000 |  | 9,000 |  |

| Repairs | 1,248 |  | 6,456 |  |

| Travel expenses | 3,881 |  | 2,296 |  |

| Legal and professional fees | 3,808 |  | 1,168 |  |

| Depreciation | 106 |  | 108 |  |

39,590 |  | 39,657 |  |

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

8. | GRANTS PAYABLE

| 2025 |  | 2024

£ | £ |

| Charitable activities | 151,825 |  | 58,000 |  |

| The total grants paid to institutions during the year was as follows: |

| 2025 |  | 2024

£ | £ |

| Per note 25 |  |

151,825 |  | 58,000 |  |

| Grants paid to institutions are analysed in detail in note 25. Grants are paid to institutions in accordance with the objects as detailed in the trustees report.

9. | SUPPORT COSTS

| Governance |

| Finance |  | costs |  | Totals

£ | £ | £ |

| Charitable activities | 69 |  | 5,781 |  | 5,850 |  |

10. | NET INCOME/(EXPENDITURE)

| Net income/(expenditure) is stated after charging/(crediting): |

| 2025 |  | 2024

£ | £ |

| Depreciation - owned assets | 107 |  | 108 |  |

11. | INDEPENDENT EXAMINERS' REMUNERATION

| 2025 |  | 2024

£ | £ |

| Payroll and Company Secretarial Fees | 1,545 |  | 1,124 |  |

| Independent Examination and preparation of accounts | 4,236 |  | 4,428 |  |

12. | TRUSTEES' REMUNERATION AND BENEFITS

| There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

12. | TRUSTEES' REMUNERATION AND BENEFITS - continued

| Trustees' expenses

| The reimbursement of trustees' expenses was as follows:

|  | 2024 |  | 2023 |  |  | 2024 |  |  | 2023 |

|  | Number |  | Number |  | £ |  |  | £ |  |

| Travel, subsistence and general expenses |  | 6 |  | 6 |  |  | 4,516 |  |  | 4,579 |

|  | 4,516 |  |  | 4,579 |

13. | STAFF COSTS

| 2025 |  | 2024

£ | £ |

| Wages and salaries | 10,425 |  | 10,050 |  |

| Social security costs | - |  | (100 | ) |

| Other pension costs | 126 |  | 69 |  |

10,551 |  | 10,019 |  |

| The average monthly number of employees during the year was as follows:

| 2025 |  | 2024

| Secretarial | 1 |  | 1 |  |

| Trustees | 6 |  | 6 |  |

7 |  | 7 |  |

| No employees received emoluments in excess of £60,000.

14. | EXCEPTIONAL ITEMS

| Included within net gains on investments in the Statement of Financial Activities is £5,718,427 relating to a realised gain on the sale of land. The remainder of the net gain on investments is an unrealised gain of £477,752 through a revaluation of the fixed asset investments, and an unrealised loss of £190,550 on revaluation of the remainder of the investment property.

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

15. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted

| funds

£ |

| INCOME AND ENDOWMENTS FROM

| Investment income | 97,669 |

| Other income | 200 |

| Total | 97,869 |

| EXPENDITURE ON

| Raising funds

| Investment management costs | 14,278 |

14,278 |

| Charitable activities

| Charitable activities | 103,299 |

| Total | 117,577 |

| Net gains on investments | 971,617 |

| NET INCOME | 951,909 |

| RECONCILIATION OF FUNDS

| Total funds brought forward | 6,677,235 |

| TOTAL FUNDS CARRIED FORWARD | 7,629,144 |

16. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1 January 2025 and 31 December 2025 | 853 |  |

| DEPRECIATION

| At 1 January 2025 | 568 |  |

| Charge for year | 107 |  |

| At 31 December 2025 | 675 |  |

| NET BOOK VALUE

| At 31 December 2025 | 178 |  |

| At 31 December 2024 | 285 |  |

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

17. | FIXED ASSET INVESTMENTS

| Listed |  | Unlisted |

| investments |  | investments |  | Totals

£ | £ | £ |

| MARKET VALUE

| At 1 January 2025 | 2,007,160 |  | 117,116 |  | 2,124,276 |  |

| Additions | 7,540,482 |  | - |  | 7,540,482 |  |

| Disposals | (518,140 | ) | - |  | (518,140 | ) |

| Revaluations | 415,851 |  | (280 | ) | 415,571 |  |

| At 31 December 2025 | 9,445,353 |  | 116,836 |  | 9,562,189 |  |

| NET BOOK VALUE

| At 31 December 2025 | 9,445,353 |  | 116,836 |  | 9,562,189 |  |

| At 31 December 2024 | 2,007,160 |  | 117,116 |  | 2,124,276 |  |

| The investment assets are held: |  |

|  | Listed investments |  |  | Unlisted shares |  |  | Totals |

|  | £ |  |  | £ |  |  | £ |

| In the UK |  | 4,495,858 |  |  | 116,836 |  |  | 4,612,694 |

| Outside the UK |  | 4,949,495 |  |  | - |  |  | 4,949,495 |

|  | 9,445,353 |  |  | 116,836 |  |  | 9,562,189 |

| Historical cost: |  |

| At 31 December 2025 |  | 8,699,621 |  |  | 29,988 |  |  | 8,729,609 |

| At 31 December 2024 |  | 1,797,113 |  |  | 29,988 |  |  | 1,804,422 |

| Cost or valuation at 31 December 2025 is represented by:

| Listed |  | Unlisted |

| investments |  | investments |  | Totals

£ | £ | £ |

| Valuation in 2025 | 9,445,353 |  | 116,836 |  | 9,562,189 |  |

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

18. | INVESTMENT PROPERTY

£ |

| FAIR VALUE

| At 1 January 2025 | 5,331,050 |  |

| Disposals | (1,890,500 | ) |

| Revaluation | (190,550 | ) |

| At 31 December 2025 | 3,250,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 3,250,000 |  |

| At 31 December 2024 | 5,331,050 |  |

| The valuation of the investment property was based on the valuation by E A Lane & Sons at 31 December 2025, a professional Chartered Surveyor with experience in the location and class of the property.

| During the year, the land off Snells Nook Lane, which recieved planning permission in 2024, was sold for £7.6m net of the legal and professional costs incurred in negotiating the sale. This land was held at a valuation of £1.89m as at 31st December 2024, the remaining £5.71m has been recognised within the net gains on investments line of the Statement of Financial Activities.

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2025 | 3,250,000 |  |

19. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Other debtors | 183 |  | 232 |  |

| Prepayments and accrued income | 3,178 |  | 6,557 |  |

3,361 |  | 6,789 |  |

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

20. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Trade creditors | 73 |  | 69 |  |

| Other creditors | 25 |  | 162 |  |

| Accruals | 20,030 |  | 7,576 |  |

20,128 |  | 7,807 |  |

21. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 9,000 |  | 9,000 |  |

| Between one and five years | 36,000 |  | 36,000 |  |

| In more than five years | 15,750 |  | 24,750 |  |

60,750 |  | 69,750 |  |

22. | MOVEMENT IN FUNDS

| Net |  | Transfers |  |

| movement |  | between |  | At |

| At 1.1.25 |  | in funds |  | funds |  | 31.12.25 |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 3,603,094 |  | 6,143,327 |  | 1,775,276 |  | 11,521,697 |  |

| Fair Value Reserve | 4,026,050 |  | (190,550 | ) | (1,775,276 | ) | 2,060,224 |  |

7,629,144 |  | 5,952,777 |  | - |  | 13,581,921 |  |

| TOTAL FUNDS | 7,629,144 |  | 5,952,777 |  | - |  | 13,581,921 |  |

| Net movement in funds, included in the above are as follows:

| Incoming |  | Resources |  | Gains and |  | Movement |

| resources |  | expended |  | losses |  | in funds |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 176,118 |  | (228,970 | ) | 6,196,179 |  | 6,143,327 |  |

| Fair Value Reserve | - |  | - |  | (190,550 | ) | (190,550 | ) |

176,118 |  | (228,970 | ) | 6,005,629 |  | 5,952,777 |  |

| TOTAL FUNDS | 176,118 |  | (228,970 | ) | 6,005,629 |  | 5,952,777 |  |

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

22. | MOVEMENT IN FUNDS - continued

| Comparatives for movement in funds

| Net |  |

| movement |  | At |

| At 1.1.24 |  | in funds |  | 31.12.24 |

£ | £ | £ |

| Unrestricted funds

| General fund | 3,576,185 |  | 26,909 |  | 3,603,094 |  |

| Fair Value Reserve | 3,101,050 |  | 925,000 |  | 4,026,050 |  |

6,677,235 |  | 951,909 |  | 7,629,144 |  |

| TOTAL FUNDS | 6,677,235 |  | 951,909 |  | 7,629,144 |  |

| Comparative net movement in funds, included in the above are as follows:

| Incoming |  | Resources |  | Gains and |  | Movement |

| resources |  | expended |  | losses |  | in funds |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 97,869 |  | (117,577 | ) | 46,617 |  | 26,909 |  |

| Fair Value Reserve | - |  | - |  | 925,000 |  | 925,000 |  |

97,869 |  | (117,577 | ) | 971,617 |  | 951,909 |  |

| TOTAL FUNDS | 97,869 |  | (117,577 | ) | 971,617 |  | 951,909 |  |

23. | RELATED PARTY DISCLOSURES

| During the year £9,000 (2024: £9,000) was paid by the charity to rent their offices, which are part owned by Mr G Freckelton, a trustee of the charity.

| During the year a grant of £20,000 was made to The John Lambert Charities. The Chair of trustees of The Helen Jean Cope Charity is also the Chair of trustees of The John Lambert Charities.

24. | FINANCIAL INSTRUMENTS

| The carrying amount of the charity's financial instruments are as follows:

|  | 2025 |  | 2024 |  |

|  | £ |  | £ |  |

| Financial assets at fair value through income and expenditure |  |

| Listed investments |  | 9,445,353 |  | 2,007,160 |  |

| Unlisted investments |  | 116,836 |  | 117,116 |  |

| The incomes, expenses, net gains and net losses attributable to the charity's financial instruments are summarised as follows:

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| Net gains and losses (including changes in fair value) |  |

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

24. | FINANCIAL INSTRUMENTS - continued

| Financial assets measured at fair value through net income/expenditure |  | 477,752 |  | 46,617 |  |

| The total dividend income from financial assets that are measured at fair value through the income statement was £128,782 (2024 - £79,927).

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

25. | GRANTS TO INSTITUTIONS

| Registration No. |  | Name of Charity |  | Amount |  |

| £ |  |

| 1202093 |  | 1st Shelford & East Bridgeford Scout Group |  | 2,000 |  |

| 1026460 |  | Age Concern |  | 1,000 |  |

|  | All Saints Church Dunton Bassett |  | 1,000 |  |

| 1171031 |  | All Saints Holy Trinity Church Loughborough |  | 10,000 |  |

| 1062718 |  | Ashfield Home Safety Project |  | 1,500 |  |

| 1063965 |  | Asthma Relief |  | 2,000 |  |

| 1078287 |  | British Wireless for the Blind Fund |  | 1,500 |  |

| 9803680 |  | Canine Partners |  | 1,000 |  |

| 1060827 |  | Charnwood Christmas Toy Appeal |  | 5,000 |  |

| 1102353 |  | Citizens Advice Charnwood |  | 1,000 |  |

| 1105195 |  | Clowns in the Sky |  | 750 |  |

| 1169556 |  | Cornwater Evergreens |  | 1,500 |  |

| 1146586 |  | Crackerjacks Children's Trust |  | 500 |  |

| 1098120 |  | Criminon UK |  | 1,000 |  |

| 1104839 |  | The David Clarke Railway Trust |  | 5,000 |  |

| 2426281 |  | Deaf Blind UK |  | 1,500 |  |

| 1098874 |  | Derbyshire Leicestershire & Rutland Air ambulance |  | 2,000 |  |

| 223219 |  | Derby Toc H Children's Camp |  | 2,000 |  |

|  | Desford Free Church |  | 2,000 |  |

| 1088623 |  | Enrych |  | 1,000 |  |

| 800262 |  | Family Holiday Charity |  | 2,500 |  |

| 1165062 |  | First Step |  | 1,000 |  |

| 1088685 |  | Headway Nottingham |  | 2,000 |  |

| 1154754 |  | Hinckley Area Foodbank |  | 1,000 |  |

| 1097005 |  | Home Start Nottingham |  | 1,000 |  |

| 1119799 |  | John Lamberts Charity |  | 20,000 |  |

| 1107119 |  | LRYSA |  | 1,000 |  |

| 1190204 |  | LCH Charity |  | 1,000 |  |

| 1025337 |  | Leicester Print Workshop |  | 2,000 |  |

| 1180906 |  | Limb Power |  | 4,500 |  |

| 1166562 |  | Loughborough Bellfoundry Trust |  | 4,000 |  |

| Sc024414 |  | Maggie's |  | 2,000 |  |

| 214212 |  | Mosaic |  | 1,000 |  |

| 1085862 |  | Nottingham Arts Theatre |  | 2,000 |  |

| 1132009 |  | Oadby Baptist Church |  | 1,500 |  |

| 1200587 |  | Open Minds |  | 1,000 |  |

| 1151117 |  | Peter Le Marchant |  | 5,000 |  |

| 1976318 |  | Reach |  | 1,000 |  |

| 1133832 |  | Rothley Parish Church |  | 1,000 |  |

| 226686 |  | Royal Air Forces Association |  | 1,500 |  |

| 1081009 |  | Royal Air Force Benevolent Fund |  | 5,000 |  |

| 1054097 |  | SIA |  | 1,000 |  |

| 1133481 |  | STAA |  | 1,000 |  |

| 1093936 |  | Safe and Sound |  | 1,000 |  |

| 1064715 |  | Salcare |  | 1,000 |  |

| 1170646 |  | Scropton Riding for the Disabled |  | 2,000 |  |

| 313013 |  | Sea Cadets |  | 5,325 |  |

| 289868 |  | Sense |  | 1,000 |  |

| 1039294 |  | Shepshed Glenmore Centre - Christmas lunch |  | 750 |  |

| 1039294 |  | Shepshed Glenmore Centre - Ceiling Repair |  | 2,000 |  |

| 210031 |  | Speech and Language UK |  | 1,500 |  |

| 1106815 |  | Spinal Muscular Atrophy UK |  | 1,000 |  |

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

25. | GRANTS TO INSTITUTIONS - continued

|  | St Mary's Church Barkby |  | 5,000 |  |

|  | St Mary's Church Greetham |  | 1,500 |  |

| 1050596 |  | The Bridge (East Midlands) |  | 2,000 |  |

| 218063 |  | The Derbyshire Children's Holiday Centre |  | 1,500 |  |

| 1056825 |  | The Friary |  | 2,000 |  |

| 1082850 |  | The Haven |  | 1,000 |  |

| 1181267 |  | The Hygiene Bank |  | 1,000 |  |

| 225348 |  | The Poppy Factory |  | 1,000 |  |

| 1193232 |  | The Respite Association |  | 1,000 |  |

|  | The Rotary Club of Loughborough Beacon |  | 2,500 |  |

| 292216 |  | The Wheely Boat Trust |  | 2,000 |  |

| 1165203 |  | Trent District Community First Responders |  | 2,000 |  |

| 1128708 |  | Trinity Methodist Church Loughborough |  | 1,500 |  |

| 1207481 |  | Triple Skillz Charity |  | 1,000 |  |

| 1188611 |  | UK Veterans Hearing Foundation |  | 2,500 |  |

| 1113659 |  | Warning Zone |  | 2,500 |  |

|  | 151,82 |  |