THE JOHN AND RUTH HOWARD CHARITABLE TRUST
REPORT & ACCOUNTS
YEAR ENDED 31 MARCH 2023
Charity No: 1005072

THE JOHN AND RUTH HOWARD CHARITABLE TRUST
CONTENTS OF REPORT AND ACCOUNTS
YEAR ENDED 31 MARCH 2023
Page
Trustees Annual Roport
Independent Examiners Roport
Slatement of Flnanclal Actlvltlos
Balance Shoot
Notes to thg Financlal Statements
7-10

THE JOHN AND RUTH HOWARD CHARrrABLE TRUST
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2023
The Trustees wesent thelr report with th6 financial statements for the charity forthe yearended
31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by
Charities: Statement of Recommended Pr8clice applicable to charilies preparing their
accounts in accordance with Ihe Financial Reporting Standard applicable tn the UK and
Republ1¢ of Ireland {FRS 1021 (effective 1 January 2019).
Ref•ren¢e and admlnlslrative informailon
Rogistor•d charity number: 1005072
Prlnclpal addross
183 Uxbtidge Road
London
W139AA
Alexander Atchison {Chair>
Vanda Foster
Susan Ingall
Margaret Majurndar
Florence Pinaud (Resigned 12 March 2023)
John Halsey
Indopondent Examlnor
Edmund Cathright FCCA MAAT
Johnsons, Chartered Accountants
Ground Floor
1-2 Craven Rd
London W5 2UA
Bankers
CAF Bank Lld
25 Kings Hill Avenue.
West Malling
Kent ME19 4JQ
Investment managers
Charles Slanley & Co. Limited
55 Bishopsgate
London EC2N 3AS
truGture Governance and Mana
ment
Govemin documen
The John and Ruth Howard Charitable Trust 18 an unincorporated registered charity and is
govemed by a deed of trust dated 24 April 1991. The Tnjst was estsblished by an initial grfi
of £127.007 in April 1991 by Mr and Mrs Howard and later further sums left to the charty by
Will since they had no children. The Trust does not actively fundraise and seeks to continue
the Gharitable worf( desired by the donors through careful stewardship of its existing resources.

THE JOHN AND RUTH HOWARD CHAIUTABLE TRUST
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Recruitment and
intmellt of new trnstees
The Trust deed provides for a minimum of four Trustees and a maximum of Six Trustees.
Apart froTn th¢ first Trustee4 every Trnstee is appointed by a ￿sOlUtion of the Trustees. A
new trust¢¢ may be appointed by a resolution of the truste¢s. All Trnstees sign a De￿ of
Appointrlent. Potential Trust¢cs are invited to observe at Tn￿le¢ meetings and on
appointm¢nt are given Ihe lalesl financial statements.
The Trustees generally meet on a regular basis to consider the charity's finances and to
¢onsid¢r applications for grants.
Ri$k manyd
ement
The Truslees have consid¢red the major risks io whith the charity is exposed and have
reviewed those risks and established rystems and procedures to manage thos¢ risks.
The trustees consid¢r variability of investment retsjn￿ on the peffl￿nent endowment to
constitute the Charity's major financial risk and recent volatility in stock markets has
demonslrated this risk.
Princi
al risk and uncertainties
The principal risk io the charity is the fluctuation in the market value of its investments. The
charity's investment manager Charles Stanley monitors the perfonnanc¢ of the investments in
order to maximise the return on invesiments.
Ob"ecdves and 2Ctlvities
The four tharitable objects of the Trnst. as desired by John and Ruth Howard and slightly
altered by the Charities Commission at the tim¢, are as follows: _
a) 25 % of the Trust income for the advancement of public education in the field of
Archaeology.
b) 250/0 of the Trust incorne for preservation and protection of buildings for the benefit of
the general public.
) 250/0 of the Trnst incom¢ for the advancement of publi¢ education in the field of Choir
Schools and associated music of such Cathedrdls. Abbeys. Colleges or similar
institutions in England as arc Iiot already well endowed and which in the opinion of
the Trustees are centres of excellence for such musi¢.
d) 25 % of the TTUSt income to any otber charitsble objrtt or cllarity as may k chosen by
the Trustees.
Achievements and rforniance
The charity made grant payments to 22 organisations during the yeartotalling £57,000 towards
its charitable objective$.

RECEIVED 28 OCT 2024
THE JOHN AND RIThH HOWARD CHARrrABLE TRUST
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Financial rovi•w
The Trust's work is largely reliant on income from investments which fom its endowments.
The value of the endowment decreased mainly due to the loss on revaluatlon of investments
exceeding the incomè generated.
Reserves
The Trustees maintain free unrestrlcted funds which are sufficient to meet the support and
governance ¢osts of the charty.
At 31 March 2023 the unrestricted funds of the charity were £41.295 and these are regarded
as the free reseThes of the charty at that date.
Futuro
The charty will continue to monilor its investmènts so that sufficient income is raised to b8 able
to make grants in line wtth the charity's objects.
Approved by the Trugtees on ...
..£31ipl.*.......
.and signed on their bgh8W by.-
Alexander Atchison -chair of Trustees

Independent Examinerfs Report to the Trustees of The John and Ruth Howard
Charltable Trust
I report to the trustees on my exarn1nat￿n of the account5 of The John and Ruth Howard
Charrtable Trust (the Trust) for the year ended 31 March 2023, vthich are set out on pages 4
to9.
Rosponslbllltles and basls of report
As the charity trustees of the Trust YOU are responsible for the p￿paratIon of the accounts in
accordance with the requirements of the Charities Act 2011('the Act,).
I rewrt in respect of my examination of the Trusfs accounts carried under section 145 of
the 2011 Act and in carrying out my examination I have followed all the applicable D1￿ctionS
glv8n by the Charity Commission urKler section 145{5)(bl of the Act.
Independent oxamlnorf$ $tat8ment
I have completed my examination. l Confim that no material matters have come to my
attention in connection with the examinalion giving me cause to believe that in any materlal
respecL
{1) accounting recor(Is were not kept in respect of the Trust as required by section 130 of the
Act; or
(2) the accounts do nol accord with those records: or
(3) the accounts do nol comply with the applicable requirements conceming the form and
content of accounts set out in the Ch8rities (Accounts and Reports) Regulations 2008
othèr than any requiremenl that the accounts give a 'true and fair view, which is not a
matter considered as part of an independent examination.
I have no con¢ems and have come across no other matters in connection with the ex8minatlon
to which attention should be dralvn in this report in order to enable a prop8r understanding of
the accounls to be reached.
Edmund Cathright FCCA MAAT
Johnsons
Chartered Accountants
1-2 Craven Rd
London W5 SUA
Date: 8th November 2024

THE JOHN AND RUTH HOWARD CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
(Incorporating Income and Expenditure Account)
FOR THE YEAR ENDED 31ST MARCH 2023
Unrnstrl¢ted Endowment
Funds
Funds
Total
2023
Tot•1
2022
Notès
Incomin
Resources
In¢omlng rssour¢8s from g•n•rat•d
funds:
Investmant income
105
84.282
Total in¢omlng r•8ource8
105
84.387
50.730
gsources Ex
ndèd
Cost of charil8ble activite5
57.000
57.000
87,645
Costs of generating lunds
3,196
12,333
15,529
10.185
Support costs
Totsl resources expeThJgd
6,450
6.000
Net gan￿(losses) on investments
Net Incomel{•xp•nditur•)
100.102
{86.541)
(22,263)
IW8041
47,002
Transfers belw88n ILmds
83.892
83,892
Not mov•m•nt In funds
17,351
<106,155)
88.8041
47,002
R•conciliation of funds:
Total funds brought forward
23,944
1.867.888
1,891,832 1,844.830
Totsl funds ￿rrIed forward
1761733
1.803.028 1.891.832

THE JOHN AND RUTH HOWARD CHARITABLE TRUST
BALANCE SHEET AS AT 31ST MARCH 2023
Note
2023
2022
Fixed Ass•ts
Investments
1,755211
11
1.849,￿4
Current Assets
Debtors
Cash at b8nk
Total Curront Assets
6,522
56,435
62.957
18,524
41,344
59,868
Creditors: amounts falling due
thin one ye8r
1S,140
17.400
Net Current Assets
47,817
42.468
Net A880ts
1803 028
1891832
The Funds of tho Charlt
UnrestrScted Income Funds-De81 natsd
Archaeology fund
Building fund
Choral fund
Total Unr￿t￿¢￿￿ Funds-Designatèd
5trlcted Income Fund
Gèneral fund
41,295
23,944
Endow
Funds
1,761.733
1,867,888
Total Funds
1803 028
Signed on beh8K of all the Iruslees on
-by..
Alexander Alchison
Chair of Trustees

THE JOHN AND RirrH HOWARD CHARrrABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023
Note 1 Accountlng policies
Basis of
ration of the acGounts
The financial statements have been prepared under the historical cost convenllon, as mt)dffied
by the revaluation of investments, in accordance with Ihe Charities SORP {FRS 102) 'A￿UntIng
and Repjrting by Charities: Slatement of Recomm8nded Practice applicable lo charities
preparing their ￿COUnts in a¢xordance with the Financial Repoiting Standard applirxble in the
UK and Republic of Ireland (FRS 1021 (effective 1 January 2019),.
Incomin re80urce$
l incoming resources are recognised once the Charty has entitlement to the resourc8s. it is
certain that the resources will be recewed and the mon6tary value of the incoming resources can
be measured wih sufvient reliability.
Resour(%s ex
nded
Liabilities are recognised as resources expended as soon a8 there is a legal or constructive
obligation ￿MMItt1ng the charity to the eX￿ndItU￿. All expenditure has been cla&sified under
headings that aggregate all wsts related to the category.
Accruals ba8iS
All income and expénditure Is ￿CoUnted for on the accNals bask8.
Taxation
As a non-proflt making body. the Gharity believes that it IS exempt from al forms of taxation
other than Value Added Tax (VAT). The charity does not make taxable supplies of goods or
se￿iceS and is the￿fOre not requKed to be registered for VAT. It is thus not able to recover
input tax, where this is ¢harged, and this tax is included within the Trlevant items of
8xp8nditure.
Investment income is made up of income from investments and bank det*)8it interest.
Cost of
tivitie
Costs of charitabl8 activities include grants made and an apportionmerrt of support costs.
Costs of
ner8tin ￿ndS
The costs of generating funds consist of investment management costs, bank charges and
sundry expenses.
rt costs
Support costs Include the ￿ntral office functions such as govemance costs, general
management and accounting.

THE JOHN AND RUTH HOWARD CHARrrABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023 {Cont'dl
Note 1 Accountlng policies IGontinued)
Fixed asset investments
Investrnents are ststed al market value as at the Balance Sheet date. The Statement of
Financial Aclivities includes the net gains arKJ losses arising on th8 revaluation and disposals
of investments throughout the year.
Gains and losses on investments
All gains and losses are taken to the St8tement of Financial Activities as Ihey arfse. Realised
gains and losses on investments are based on Ihe difference between the sale proceeds and
opening Ma￿et value (or purchase dat8 if acquired during the year). Unreali5ed gains and
losses are cal¢ulated as the differencè b8tween the market value at the year-ènd {or
purchase dale If acquired during the year). Realised and un￿aliSed gains or losses are not
shown separately in the Statement of Financial AGtivities.
Note 2 Trustees, r•muneratlon and related party transactlons
There were no trustees, remuneration or benefrts for the year12022.' £Nil).
There were no trustees, oxpenses for the year (2022= £Nil).
Susan Ingall works for Vickers and Co. solicitors who charged a fee of £3,08012022'. £Nil)
during the year for administrative servlces provlded to the charity.

THE JOHN AND RUTH HOWARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023 (Cont'dl
Note 3
Expenditure
The charity has analysed its resources on the bas5 provided by the Charities
SORP IFRS 1021.
The items of expondilure are Summ￿58d ￿lOw.
2022
Costs of charltable actlvltl•s
Grants pald:
A￿hae91OgY
Buildings
Choral
General
25,000
14,645
34,500
13.500
19.000
10,000
28,000
57,000
Grants to institutions
57,000
87.645
2023
2022
3b
Costs of 9onor•tlng funds
Investment portfolio management fees
Offke & admlnistrative services
Bank charoes
Sundry expenses
12.333
3,080
116
9,931
116
10.185
2023
22
Support ¢o#t¥
Govem8nce costs..
Independent examiner's fee and aCC￿ntancY fee
Independent examinerf5 fee and accounts - prior year
und8r.provision
6,000
6,000
6,000
Note 4
Flx•d Asset Investment8
Movement In Ilxgd •u•t inv•stments
2023
2022
Market value brougm foN8rd
Additions at cost
Disposal prO￿ed5
Adjustment to Cost
Gainl{loss} on r8v8luation and dispos8ls-change
Matl(el valu8 carried forward
1.849,364
31,358
{30.354}
1945)
94,212
1,755,211
1,769.765
57,559
162.7101
2,107
82.643
1.849.364
Investments at mark•t value breakdown:
2023
UK Equities
Inlemalional Equities
Real Estate Investment Trusts
Mixed Investment Funds
Allemab'ves
1.131.098
519,454
46,667
26,362
31,630
1,226.783
502.490
50.225
27,839
42.027
1755 211
1.849.364

THE JOHN ANO RUTH HOWARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023 Icont'd)
Note 5
Debtors: Amount8 Falling Due Within On• Yur
202
2022
Other debtors
6.522
6,522
18,524
18,524
Note 6
Cr•ditors: Amounts Falllng Duo Wllhln On• Yoar
2023
2022
Grants
Trade creditors
rual$
4,000
5,400
6,000
17,400
15,140
15.140
Not• 7
Movomont In Funds
Balance
01.04.22
Incomlng
Resources
Gainsl
Lossos
Balance
31.03.23
Vnre$lricled
Funds
Endowment
Funds
23,944
105
(67,0861
83.892
40,855
1867 888
84.282
83,892
1 761,733
Total
1891832
79,419
1.802.588
Vnrestricl8d funds which are designated comprise ofr.
111 Archaeology fund for the advancement of publSc education in the fields of ar¢haeology'.
121 Building fund for preseNalion and protection of buildings for the benefit of the general public..
31 Choral fund for the advanc&menl of public education in Ihe field of cholr schools and associated music
of such cathedrals, abbeys, colleges or similar instilutions in England as are not already well endi)wed and
¥hich in the opinion of the Trustees are centres of 8xc8llence for such music.
Endowmfrnl funds. The Trust was e51abli5hed by an iniiial gift of £127,007 in April 1991 by John and Ruth
Howard and later further sums left to Ihe charity by Will since they had no childr8n. The Trust does not
actively fundr8ise bul seeks to continue the charitable V￿rk desired by the donors through carefijl
stewardship of its exbsting resources. The grfts were made to the chartty held as an endownent fund. the
income from which 15 freely available lo fund the activities of the charity.
Note 8
Funds by Asset
nrastrl
Fun
Unrestricted
Fund5-
Genoral
dow
Funds
Investments
Cash at bank
Debtors
Creditors
1,755.211 1,755,211
56,435
6,522
(15.1401
56.435
6.522
(15.1401
1761733 1803028
io