A.G. MANLY CHARITABLE TRUST
(Charity Number . 1007307)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
5 APRIL 2024

A.G. MANLY CHARITABLE TRUST
INDEX
Page
Index
Annual report
Report of the independent examiner
Statement of financial activities
Balance sheet
Notes to the flnancial statements
Notes not forming part of the financial statements
Income and expenditure a¢wunt
10
List of beneficiaries

A.G. MANLY CHARITABLE TRUST
ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The Iruslees presenl their annual report anu the financl81 staternenls of the charily lor Ihe year ended 5 April 2024.
The trustees have adopted the provision5 of the Slalemenl of Recommendod Practlce applicable lo chacilies
prèparing their fin6nclal slalemenls in accordance wbiih the Flnan¢ial Reporting SlaTrYard applicable In UK and
Rèpubllc ol Ireland Is$ugd in July 2014.
L•g•l 8tatU8
The A.G. Monly Charitable Trust ￿ registe￿d ￿4th the Charmy Commissioners Invmbor 10073071. and con3th'1uled
by deed of trust. Ils prlncSpal 8ddr8ss Is clo Mooro Kingston Smilh LLP, Belchwth House, 57-85 Stallon Road. Redhill,
Surrey. RH1 10L. The charity'5 b8nk8rs are Nal Vvosl Bank Plc, 93 Cenlrgl Road, Worcesler Park, Surrey. KT4 8DZ. Its
Investment aavisors are CCLA Fund Manager5, Senalor House, 85 au8èn Victori8 Slrgat, EC4V 4ET.
Trust•e$
The trustees ol tho ehar6ty vtho serv8(J durlng the year and lo tha dale of thi8 report ￿re..
OJ Montgomery
EPG Rosg
DM Manty
TC Dwr
Tru8100 appolnlments are made by the Board ol Twslees and do not requlre ts approval of any 9xlernal aulhorily.
The Irusl¢•• meat quartgdy
ObJoCtlv•6 ol th• ¢h*rlty
The obpclive ol the charily is lo piovlde financlal a8sistar¢co lo ch8fll8bl8 Inslllullons or for charitable purpose8, in
porllcular, but not exduslvely. thè pronN)Ilon or dev91opmenl lor the benofit ol the public of Ihe sryancé of
englngerfjng 8nd tho advancement of edueallon in engineertng.
Flnan¢l#l and bu•ln••¥ r•¥l•w
Tho charlly's slalement ol financlzl ac¢lvllies lor the year, 8nd115 financial po$ltlon al the balance 8hg6t dale, 3r6
show) on pages 4 and 5 During the yeai, thé char41y rnadé grants lo charl1￿¥ ￿Oun16n9 lo £121,500. The Irusiees
seek lo spend al least1tr8 whale ol the ¢haillls In¢onw from Inv￿tMentS aftar deducllng support costs, sthlch In the
yèar 2023124 was £119,897. Tho Iruslees cOn￿"nUe lo seek Orga￿s0t1onSlo 8UPPOrt that fll ￿*th the charlly'8 principal
oble¢llv8$. Durlng Ir* y&ar covèrèd by these accol￿tS, tho value of tha ¢h8rlly's Inveslrntrnl In the COIF Cha￿tIeS
Inve$tmenl Fund ros• by t377.214 thlle Income g•ngrat•d remolned 8lfong.
Rl•k Man•gem•nt
The trustges have examSn8(I Ihe major 8lralegic, buslness and operallonol flsk8 vthlch Ihs charfty laces and connrm
that $y31effl¥ hov9 been eslabllshed 101g$sen Ihg5• rlsks.
R￿•r¥9$ polley
The Iruslees seek lo dlslrfbute all ol the income of each year aB lar as they are able. 8vbJecl to proservlng Ihp capllal
base of Ihe charily.
Publ1¢ 8•Trgflt
The trustées confirm th81 trey compty wlh Ihelr duty lo h8ve regard lo tho guhdance on public benefrt publlshed by tho
Charlly Commls$fjon In exer¢i$lng their pothers and dutia3.

A.G. MANLY CHARITABLE TRUST
ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2024
Trustees. responsibllitlo9
The (rusl8e8 are respon5ib18 for preparing the Trust8es' Report and the Ilnan¢ial gt8tem•rtts in accordanc• WR
applicabl• law and Unit8d Kingdorn Ac¢ounting Standards (uni￿ Kingdom Generally Acceplad Accounting
Practi￿) Induding FRS102'The Financial Rgporting Standard appli¢abie in the UK and Republi¢ ol Ireland..
The law appli¢ablo lo chariti85 in England & Wales requir0$ tha trusleo$ to p￿Pare fIna￿cIal slal&menls
for e8¢h linan¢ial year which give a true and fair view ol the slate of thè 8ffair3 01 tho ¢haTity and ol the incoming
reBourc8s and application of resource¥, including the Income and exp9ndilure, ollho charily for that period
In prèparing the fin4ncial slalement3, the Irusleo$ ara requlred lo..
lal select suitabl8 accounting policiès and Ih•n appty Ihoffl con81sl&ntty',
Ibl observe the methods and prlncipl¢s In the Charitias SORP.,
1¢) make judg&mènts and 8$limalo$ that arè reasonable and prudent..
Idl Slate whether appli¢8ble UK accounting $1gndards have been f¢ll¢Md, 8ubject lo ony malerigl departure$
di8cloJed And 8xplained in Ihe lin¥nclal slgl•menl3',
(•) pr8pare tha finAn¢ial 818ltmtnts on the going ¢onurn ba818 unl•8811 Is In8ppropriate lo pr•¥ume IhJl th•
charrty bwll conlinue in busin¢ss.
The Iruslees arè r&sponJiblg lor keeping proper accounllng rec¢fd3 that di$dos• with rèasonable 8c¢uraGy
al any lime the lin&n¢ial posllion ol the charity enable Ihern lo ensure thal thg financi81 slalomen18 ¢omply
with Ihe Ch8rili9s A¢1 2011, th? Charily (Accounts and Report$l Regulallon8 2008 and tha provisions of the Tru31
08ed. They •r¢ 8180 r8spon$ible lor sal89uar¢Jlng th& aoge18 of Ihe charily 8nd hencts lof laklng ro#8onable stops
for the provenlion 4rKI dateclion ol fraud and other irr¢gularilie8.
Approved by Ihè Tru81ges on 3 Sgplornber 2024
Mr D J Monlgom•ry
Trustee

A.G. MANLY CHARITABLE TRUST
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES
I rep(*t on the financi8151alements of the A G Manly Charitable Trust foT the year ended S Aplll 2024. which compri$e th*
Stalement ol Fin8n¢ial A¢livilw. the Baknce Sheet and the related notes
Your 8llenlion is drawn to the fècl Ihal Ihe charity has prepafod the finanu81 $tatgment5 in 8ccord8ncè with Accounting and
Reporting by Charilifj$,' Slatern•nt of Recomm8nd8d Pr8Ctie• appiICab￿ lo charitlos prepafng their financig181alem8nt5
in accordanco with the Financial Report￿9 siandard ap￿1¢¥b￿ lo the UK and Republic of Ireland IFRS 1021 in preleroncg
to Attounlin9 gThY Reporting by Charfl￿$.. statement of Recomrnonded Praclir* Issued on 1 April 2005 which
Is referrèd lo In the extant regulallon8 bul has been withdrawn
l undgrNt4nd Ihal this Mag been done in ord•r frtr the finarKI818tatements to wovkye 8 tnJe and f8ir vlew in accordance wilh
the Generally Attept8d Aeeounling Pr8ctte eft8Ctiv8 for r8POrting per￿$ beoinnlng on or after 1 January 2015
Regpecb"va R&8ponsibilitiè$ of Tw$t888 8nd Examin6r
The charity'8 Iru$teaS 8re Msponslblg lor the prepar81Jon of Ihe fin8nGI81 ¥lalem•nls The charit18 tfUStè95 eonsidèr that 8n
audll Is not required for Ihis ye8r undèr 56clion 144121 of tho Choriti8s Ael 2011 Ilhè 2011 Acll and Ih8t dn Indepandenl
éxammalion Is needed
1118 my re*)onsYollity io..
exAmin8 Ihe 8ccounl8 undfjr 8aclion 145 of the 2011 Acl.
lolknv Ihe procedurns18ld down in tho Gtrnaral Dii¢th'on8 glv•n by tho Charity Commisiion
und¢r 66clion 145lSllblol Ihe 2011 kl., and
8llt• whether p8rtityJlaf maiiar8 hav• ¢om* to my alièn￿0￿
8a$i$ of Ind8p•ndgnl Exarninb¢s Repo
My examlnallon was carr￿d out in accoffjonc• wllh tha General Dire¢lbn$ given by th8 Chartty Comml$lon An gX8mln¥lion
hcludg5 a revi8w ol the 8c￿ntIng recwd$ kept by lh• chorily and a compaf150n of the financial slalefflgnls pre88nl•d
with Iho8e r0cord8 It a189 in¢lude$ con*deraiion ol ony unusual Items or di$ck)$urg3 In the finanu81 slalemonts.
and ￿￿k￿n9 oxpl8natKJn from you OB truste￿ ¢on¢8rnlng ony Jueh m81tèr8. The procedur08 undertaken do nol
prgvid• 011 the evidence that woukl è* réquired in ￿ oudil and consoquenlly no cpinion is givtyn 88 to whether the
rM•ncK41 •l¥i*m•nts pr98enl a and falr and the r¢port 18 limited lo thoBe matter$ ¥61 oul In tha slatemèni below
Independenl Examinerfs Slaiement
In eonneciion with my 8xamirk9tion, nD mall8r hai como to my altenlion..
111 whlch Fiv•8 m• roa80ngble cau88 lo bel￿¥0 Ih81 In any mal•rtal M8pecl requrem•nls
lo keep 0ceountr.ng r¢cord8 In accordance wilh 8etlion 13D ol the 2011 Act.,
lo p￿pa￿ fn8ncial ¥toltsmenl8 wnich acord wrth Ihg 8e¢ounling r•cords, eompty wrfh tho aoxunting
requilern•ni$ of Ihe 2011 Act and wllh Ihe m?Ihed8 and pfineipl6$ of th• Sl•lemenl of Recomrn•ndèd Pr8di
have not beln mél., or
121 io whith, In my opinKin, 8llentK+n 8hould be dr8wn lo •n￿b￿ a proper und¢rnt8nding ol the tlnancial 61algm8nt$ lo
be r¢8ch8d
St8phgn Ffanklin ACCA
Galloways Accounting
Ridge18nd Hou88
15 Carf4K
Hoisham
West Sussex. RH12 1 DY

A.G. MANLY CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2024
Unrestrlcled Fund5
Year endod
Year ended
S April 2024
S Aprll 2023
Income
Inveslment income
Dividends receivable
121,171
119.896
Total operating income
121.171
119,896
Expendlturn
Charitable activlties
122,774
119,546
Total opèroling expenditur8
122.774
119,546
Nel operatin9 IdeficilKincome
11,6031
3SO
Nel gainslllo$$e$l on investment a88els
377.214
1162,1021
Net incomelldeficill and net movement in lund8
375.611
1161,7521
Fund balances brought fo￿0[d
4,212,720
4,374.472
Fund balances C8Tfi8d lorward
4,588.331
4,212,720
All gains and losses arising in Ihe year have been included in the Statement ol Financial Activities and ari88 from
continuing aclivilie$ In both year8, all in¢ome and expenditure related lo unreslricled funds.

A.G.MANLY CHARITABLE TRUST
BALANCE SHEET
5 APRIL 2024
2024
2023
Flxod A880ts
Investrnenls
4.544,497
4.167,283
Current A$•ets
Cash at bank
44,590
46,079
Current Ll•bllltl•J
Credilof8 '. Amounts falling due within
one year
756
642
Net Current A800ts
43,834
45.437
Net A•$¢ts
4,588,331
4,212.720
R•pr•8ented by
Funds
Unreslricled income funds
4.588,33t
4,212,720
Totsl Funds
4,588,331
4,212,720
In both years all balances relate lo unrestricted funds.
The Financial S181emenls were approved by the Trust688 on 3 Seplgmber 2024 and signed on thair behalf by..
Mr D J Montgomery
Twstee

A.G.MANLY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 5 APRIL 2024
Accountlng policlos
la) Accounting bas1$ and standards
The financial 51alernenls h8v@ p￿Pared In awoidance with the Financial Reporting Standard applicab
in the UK and Republic ol Irgl¥nd IFRS 1021. Th¥ Charity is 8 public benefit enlrty for tho purpose¥ of FRS 102
¢J a ro9lStered charity and thefelore has also prepared ils financial slalemenls in aecordance ￿th Ihe
Statement ol Recommènded Practice applicable to charitiès preparing Ihgir acc¢Junts in accofdanc• with th•
Financial Roporting Standards applicable In the UK and Ropubli¢ ol Irelond (The FRS 102 Charbties SORPI,
and the Charities Acl 2011.
Ibl Golng Concern
The Irus18?s hav* assessed whelh•r the use ol going concern is appropriale ar￿ hav? considered pos$lblg
eveTh13 or condilions that might ca¥1 significant doubl on tha ability ol Ih? charily lo continua as & going con¢ern.
Thè Iru$l•es hav• mad& this 8ssessmenl lor a Pèfiod of at1oa$t one year from th• dalo ol approval of Ih•$e
lirt8nci81 slatem8nls. As the th8￿ty has no long-leim granl commilmonls, Ihè Iw$lee$ have concludod Ihal
Ihore is a r8a3on8ble ¥xpeclalion that ehailty has ad8quale resources lo continue in op•r8tion81 existen¢
for thè lorè88e¥ble fubjre The charity Ihèrelorè continL￿s to adopt the going concern b8$i8 In preparing its
rinaneial sl818monls.
1¢) Incom•
All In¢om• is recogni$ed when there is 8n enlilhmenl tts th¢ fund$, tha r•¢•ipl Is probabl& and th• amount
Can be m6asured rollably.
Idl Ex￿ndItUre
Expgndllura 1$ included In the Stal4m•nl ol Flnoncial A¢livili*s on an aceruals basis, inclusive ol any VAT which
cannot be recovef•d. ExpendrtUTe Is recogni¥8d once there is a legal or ¢onstructlve obllg811on lo transler
fj¢onornic b8nolil to o third party. it18 probable that 8 Irangler of econi¥nic benefit wlll be rgquired in stslllemenl
8nd the amount of ihe obligation ¢on be measuiqd reliably,
Governanc8 CO818 comprise th8 cost ol running the charity, including indepgndent examination cosls. The8e
hAve been includ8d in Support costs,
l•> Fund Accountlng
Unreslricl8d FundT* compri$9 those funds whith the Iruslae$ or• free lo use In accordance ￿th tho charitable
objects.
lfj Crltlcbl A¢eountlng E8timat•# Ind Ar•as of Judg•m•nt
In th• view ol Ihg trusle•$ in applying the a¢￿untIng policies adoplod, no judgernenls were requlred Ihal hay¢
a Slgnilicanl effect on th¥ amounts ￿t09n￿•d in the linancial slatemanls nor do any è8tim81&s or
Assvmption8 made carry any $ignificanl ri¥k of malarial adlu8kn8nt in th• ne￿ linancial slal•ments,
Ig} C*#h Fl¢>w Sts1￿•￿t
The charity ha$ IBk9n the exwnplion available in paragraph 7.1 B of FRS 102 and h88 nol preparod a c95h flow
8181grnent.
Ihl Flnanclal Instrum•nts
Cash and cash equlvalonts
Cash and c8sh equivalents includ& cash ol baThk and in hand and short term dep03its with a malurily dato ol
three months or less.

A.G.MANLY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 5 APRIL 2024
DebtorJ and credltorx
D¢blors and crèditois receivabl• or payabb within one year ol the reportin9 dote are cairied at their transaclion
pric•.
Flxod a88Ot In¥￿tments
Invfj$lmenls are 8 Iofm ol basi¢ financial In51rum8nt and are initially recogni$ed al their Iransaction valu8 8nd
subsequently m&asured al Iheir fair value 98 al the b818nce $heel dale u3ing the closin9 quoted m8fkel pricè.
The Slotgmanl of Firtoncial Aclivili8$ in¢lud•s the ntrl 9ain8 and108ses arising on rovalualion and disp￿413
throughout the year.
R•allBod 9alns and 10$#•8
All yalns and losse3 are taken lo Ihg income and oxpgndilufe 8•Glion of the Slalamenl of Flrtancial A¢livilies as
they arl8e. Realised galns and10889s on invèstm•nls am calculated as the dffference beknn sale proc¢8ds
and orlglnal cos1. Unrealised gains and 1033e8 are calculaled as the diffeTtnc6 bètween Ihe mart&l vglue 81
th& end of the y•ar and op•ning market value, or puTcha8& date if later. R*ali88d and unrealised gains are not
8eparalgd in the Slaloment of Fin•ncial Aclwilié8.
Expendltur• on ¢h4rltabl• a¢t1vI￿•1
Yaar •nd•d
6 Aprll 2024
Yeèr •nd•d
S Aprll 2023
DIM¢t CO8t8
Donallofis m8do Inel ol can¢elled donations)
121,500
118,862
Support costs
Inde￿nd￿nI oxarninallon
Honororium
774
500
1,274
684
Tot•l Chorltablfr Exp8ndltur•
122,774
119,546
All expendllurè on chafitable aclivilles wa8 unrestricted
Inv••tm•nl•
2024
2023
Listed in¥e8lm•nt It mid market valu•
COIF Ch8rlties Inve8lm•nl Fund
4.544.497
4,187,283
Market V81u8 816 April 2023
Addition$
Increp3elldecre8$è1 in valuè ol investments held
4,167,283
4.239.385
90,000
162.1021
377,214
M81k81 Value al 5 April 2024
4.544,497
4.167,283
Hislori¢al cost of inve8lmen13 hekl 815 April 2024
2.799,786
2,799.786

A.G. MANLY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Cr•dltors .' amount3 fglling dug withln ong year
2024
2023
Indépondent gxaminat6on
756
756
642
Rol8t•d Party Trnnsacilon
Th• Board olTrusta•s controls Ine ch8rrfy.