Do¢usign Envelope10." 31E4BD05-EF4143EO-94A4-MOF1AB1 BF87
Charity registration number 1020294
TINSLEY CHARITABLE TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

Docusign Envelope ID". 31 E4BD05_EF4143EO.94A4_AAOF1AB1 BF87
TINSLEY CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
H C Tinsley
R C Tinsley
J Hogarth
S Bartram
Charity number
1020294
Principal address
14 St Mary's Street
Stamford
Lincolnshire
PE9 2DF
Audltor
Price Bailey LLP
36 Tyndall Court
Commèrce Road
Lynchwood
Peterborough
PE2 6LR
Bankers
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Sollcltors
Bates Wells
10 Queen Streel Place
London
EC4R 1 BE

Docusign Enwelope ID.. 31 E48DO>EF41.43EO-94A¢MOF7AB1 BF87
TINSLEY CHARITABLE TRUST
CONTENTS
Page
Trustees, report
Statement of twstees, responsibililies
Independent auditor's report
Stslement of financial activities
Balance sheet
Statement of cash flows
Notes 10 the financial statements
10-18

Docuslgn Envelope ID.. 31 E4BDO>EF41-43EO.94A4-AAOF1ABIBF87
TINSLEY CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Iruslees presenl their annual report and financial statemènts for the year ended 31 Ma¥ch 2Q24.
The financial statements have been prepared accordance with the accounting policies set out in nole 1 to the
financial slalemenls and comply with the charity's governing document, the Charities Act 2011 and "Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their account5 in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective
1 January 20191"
Objectives and activities
The purpose of Ihe charity is lo apply its capital and income to charities and for charitable purposes at the absolute
discrelion of Ihe truslees.
Public benefit statement
We are conscious thal Ihe guidelines issued by the Charity Commission emphasise the requirement that all
charities of every kind must be able lo demonstrate that their work is of direct benefit lo the publi¢. Vve believe Ihal
the activities we fLtnd through our grants, covering a wide range of issues, are demonstrably of public benefil and
ensure through our granting and further monitoring and evaluation that this is the case.
The principle objeclive of the char￿tY is to support many issues and lo achieve public benefit through the distribution
of grants and social investments for specific charilable purposes acrDSS the globe. These grants, focusing on small
organisations as well as larger established ones, aim to deliver a real and lasting positive impact. In determining ils
grant making stratègies and in the administralion of the charity generally, the trustees have paid due regard to the
guidance published on public benefit and will continue lo deliver grants as effe¢lively and professionally as possible.
Grant-making policy
While the charity welcomes applications from eligible potential grantees, the trustees seek oul organisations that will
effectively fulfil our objectives. Individual Iruslees have a close working relationship with charitie5 in reGeipt of our
larger grants.
The charity aims lo spend at least 5./0 of ils net assets on grants each year.
Achievements and performance
During the year, Ihe charity has continued to support a number of organisations through its grant making activities.
The charity made donations and grants of £471.377 (2023. £473,098). Details of the recipients and the sectors
supported are listed in the notes lo the financial slatemenls.
Income received during the year increased lo £635,300 (2023.. £332,793). There was an increase in donations
during the year and investtnenl income remained readily consistent, including rental income received on the
charity's investmerFt property.
Total unrestricted funds at the year end were £6,958,425 12023-. 6,375,846). The trustees intend lo continue lo
distribute the charity's funds in future periods in furtheran¢e of il's objectives.
Financial review
Our assets are in an account with CAF Bank and in inveslrnent portfolios with Ravenscroft, HSBC Private Bank,
Ralhbone Greenbank and Big Issue Foundation.
As a re3uII of increased donations received during the year and improved investment performance, our net assets
have increased to £6,958,425
The general fund is unrestricted and represents the total reserves of the charity, being £8.958,425. The level of this
fund will vary depending on donations received and the level of expenditure. The charity holds this level of reserves
in order to generate investments relurns lo provide funding for its charitable ?¢livilies.
The charity does not carry oul significant fundraising activities.

Do¢usign Envelope ID.. 31 E4BD05-EF4143EO-94A4-NAOF1A818F87
TINSLEY CHARITABLE TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Plans for the future
During 2024125 we have budgeted lo make grants totalling just under £500.000. Grants for £25,QOO or over are
planned for.. Network for Africa, Waging Peace, Peace Brigades International (UK Section}, Open Trust, Oxford's
Worcester Collegè, IPPR, Reprieve, Centre for Health & the Public Interest and the GreenpeaGe Environmental
Trust.
We are reviewing the possibility of increasing our level of grants from 2025126 onwards.
Stru¢turep governance and management
The charity was founded by Henry Tinsley in 1993 and its governing document is a Trust Deed dated 15 April 1993.
The trustees who served during the year and up to the date of signature of the financial statements were..
T A Jones
(Resigned 22 June 2023)
H C Tinsley
R C Tinsley
J Hogarth
S Bartram
New truslees are appointed as ￿qLtIred by the existing trustees and receive a comprehensive induction on the
activities of the charity.
As a small granl-giving organisation, the Iruslees manage the charity themselves, with part lime administrative and
financial support. The trustees meet once or twice a year, but day to day decisions are made on the basis of e-mail
exchange5 and telephone conversations, once the annual budget has been agreed.
The trustees have considered the major risks lo which the chaTily is exposed and monitor them regulatly.
The Irustees, report was approved by the Board of Trustees.
H C Tinsley
Trustee
1/3112025
Date..

Docuslgn Envelope ID.. 31 E4BDO&EF4143EO-94A4-AAOF1A31 BF87
TINSLEY CHARITABLE TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom AcoountiF)g Standards {United Kingdom Generally Accepted Accounting
Pracli¢e}.
The law applicable to charities in England and Wales requires thé trustees lo prepare financial statements for each
financial year which give a true and fair view of the slate of 3ffairs of the charity and of the incoming resources and
application ol resources of the charity for that year.
In preparing these financial slalemenls, the trustees are required lo..
select suitsble accounting policies and then appty them consistently-
obsefve the methods and principles in the Charilies SORP FRS102',
make judgements and estimates that are reasonable and prudenl-
state whether applicable accounting standards have been followed, subject lo any material departures disclosed
and explained in the financial statements. and
prepare the financial slalemenls on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The Irustees are responsible for keeping sufficient accounting records thal disclose with reasonable accuracy al any
time the financial position of the charity and enable them lo ensure that the financia1 statements comply with the
Charities Ad 2011, the Charity {A¢counls and Reports} Regulatioris 2008 and the provisions of the trust deed. They
are also responsible for safeguarding Ihe assets of the charity and hence for taking reasonable steps for Ihe
prevention 2nd d8tection of fraud and other irregularities.

Docusign Envelope ID. 31 E4BDOS.EF41_43EO.94A4-MOF1AB1 BF87
TINSLEY CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF TINSLEY CHARITABLE TRUST
Opinion
We have audited the financial slalements of Tinsley Chafitable Trust (the 'charity') for Ihe year ended 31 Marth
2024 which comprise the statement of financial aclivilies, the balance sheet. the statement of cash flows and notes
to the financial slalemenls, including significant accounting policies. The financial reporting framework that has been
applied in Iheir preparation is applicable law and United Kingdom Accounting Slandards, including Financial
Reporting Standard 102 The Financial Reporting Standard applicabl8 in the UK and Republic of Ireland (United
Kingdom Generalty Accepted A¢¢ounting Practice).
In our opinion, the financial statements-
give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of 115 incoming resources
and application of resources, for the year then ended.,
have been properly piepared in accordance with United Kingdom Generalfy Accepted Accounting Practice.,
and
have been prepared in accordan￿ with the requirements of the Charities Act 2011.
Basis for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UKII and applicable
law. Our responsibilities under those standards are further descfibed in the Audilofs ￿sponSIbl11t18s for the audil of
the financial stat8npenfs section of our report. We are independent of the charty in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Slandard, and we have fulfilled our other ethical responsibilities accordance with these requirements. We believe
that the audit evidenGe we have obtained is sufficient and appropriate lo provide a basis for oui opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Irustees. use of the going concern basis of
accounting in the preparalion of the financial statements 15 appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
onditions that, individually or Colleclively, may cast significant doubt on the charity's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
Other infomiatlon
The other information comprises the information included in the annual report othpr than the financial statements
and our auditor's report thereon. The trustees are responsible for the otheT information contained within the annual
report. Our opinion on the financial statements doe5 not cover the other information and we do not express any form
of assurance conclusion Ihereon. Our responsibility is to read the other inform31ion and, in doing so. consider
whether the other information is materially inconsistent with the financial statements or our knowledge obtained in
the course of the audit, or othewise appears lo be malerially misstated. If we identify suGh material inconsistencies
or apparenl material misstatemenls, we are required to determine whèther this gives rise to a material misstalement
in the financial slalements themselves. If, based on the work we have performed, we conclude that there is a
material misslalèmenl of this other infomialion, we are required lo report that fact.
We have nolhing to report in Ihi5 Tegard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Acmunts and
Reports) Regulations 2008 require us to report lo you if, in our opinion..
the information given in the financial statements is inconsistent in any malerial respeot with the trustees,
report., or
sufficienl a¢counting records have not been kept.. or
the financial statements are not in agreement with the accounting records. or
we have not received all the information and explanations we require for our audit.

Docusign Envelope ID.. 31E4BDOS-EF4Y43EI>94A4-AAOF1AB1BF87
TINSLEY CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF TINSLEY CHARITABLE TRUST
Responsibilities of trustees
As explained more fully in the statement of trustees, responsibililies. the Iruslees are responsible for the preparalion
of the financial slalements and for being salisfied that they give a true and fair view, and for such internal conlrol as
the trustees détermine is necessary lo enable the preparation of financial statements that are free from material
misstaternenl, whether due to fraud OT error. In preparing the financial slatemenls, the trustees are responsible for
assessing the charity's ability to conlinue as a going concern, disGlosing, as applicable, matters related lo going
concern and using the going concern basis of accounting unléss the trustees either inlend lo cease operations, or
have no realistic alternative bul to do 50.
Auditorfs responsibilities for the audil of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the
Act and relevant regulations made or having effect thereunder.
Our objectives are lo obtain reasonable assurance aboul whether the financial statements as a whole are free from
material misstalemenl, whelher due to fraud or error, and to issue an auditor's report that include5 our opinion.
Reasonable assuranoe is a high level of assuran￿ bul is not a guarantee thal an audit conducted in acGord2nce
with ISAS IUKJ will always detect a material misstalemenl when it exists. Misslalements can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
Enquiry of management and those charged wilh governance around actual and potential liligation and
claims.,
Reviewing financial statement disclosures and testing lo supporting documentalion lo assess wmpliance
wilh applicable laws and regulations.,
PerforTning audit work over the risk of management override of controls, including lesling of journal entries
and other adjustments for approprialeness. evaluating the business rationale of significant transactions
outside the normal course of business and reviewing accounting eslimales for bias.
Because of the inherenl limitations of an audit, there is a risk that we will not delect all irregularities, including those
leading lo a material misstatement in the financial statements or non-compliance with regulation. This risk
increases thè more that compliance with a law or regulation is removed from Ihe events and transaclions reflected
in the financial statemènts, as we will be less likely lo becorne aware of instances of non-complian￿. The risk is
also greater regarding irregularities oc¢urring due lo fraud rather than error, as fraud involves inlenlional
Concealment, forgery, collusion, omission or misrepresenlation.
A further description of our responsibilities is available on the Financial Reporting Council's website al.. hltps'.11
www.frc.org.uklauditorsresponsibilities. This descriplion forms part of our auditor's report.
Other matters
Comparative infomalion in the financial statements is derived from the company's prior period financial statements
which were not audited.
Your attention is drawn to the fact that the charity has prepared financial slatements in accordance with "Accounling
and Reporting by Chartties.. Statement of Recommended Practice applicable lo charilies preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) las
amended) in preference to the Accounting and Reporting by Charities." Statement of Recommended Practice issued
on 1 April 2005 which is referred lo in the extant regulation5 bul has now been wilhdrawn.
This has been done in order for the financial statements lo provide a true and fair view in accordance with current
Generally Accepted Accounting Practice.

Docusign Envelope ID.. 31 E4BD05-EF4143EO.94A4-AAOF1A818F87
TINSLEY CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF TINSLEY CHARITABLE TRUST
Usè of our report
This report is made solely to the charity's Irustees, as a body, in accordance wilh part 4 of the Chartties (Accounls
and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's truslees
those matters we are required to stale to them in an aLtditor's report and for no other Pufpose. To the fullesl extent
permitled by law, we do not accept Of assltme responsibility to anyone other than the charity and the charity's
trustees as a body, for our audit work. for this report, or for the opinions we have formed.
¢cio &cLuW C
Price Bailey LLP
310￿ 1015
Chartered Accountants
Statutory Auditor
36 Tyndall Court
Commerce Road
Lynchwood
Peterborough
PE2 6LR
Price Bailey LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as
auditor ofa company under se¢lion 1212 of the Companies Ad 2006.

Docusign Envelope ID.. 31 E4BD05-EF41-43EO_94A4_AAOF1AB1BF87
TINSLEY CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Unrestricted
funds
funds
2024
2023
Notes
Income from:
Donations and legacies
Inveslments
543,664
91,636
248,777
84,016
Total income
635,300
332,793
ènditure on:
Raising funds
32,525
32,116
Charitable adivilies
474,818
476.409
Total resources expended
507,343
508,525
Net gainslllosses) on investments
11
454,622
1362,711)
Net movement in funds
582,579
{538,443)
Fund balances al 1 April 2023
6,375,846
6,914.289
Fund balances at 31 March 2024
6,958,425 6,375,846
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from conlinuing adivilies.

Do¢Ltsign Envelope IL). 31 E48D05_EF4143EO_94A4_AAOF1A&18F87
TINSLEY CHARITABLE TRUST
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Investment property
Investments
13
14
225,000
6,517,409
175,000
5,997,369
6,742,409
6,172,369
Current assets
Cash at bank and in hand
244,328
256,627
Creditors: amounts falling due within
one year
16
(28,312)
128,150)
Net current assets
216,016
228,477
Total assets less Gu￿ent liabllities
6,958,425
6,400,846
Creditors: amounts falling due after
more than one year
17
(25,0001
Net assets
6,958,425
6,375.846
Incomè funds
Unrestrtcted fund5
6,958,425
6,375,846
6,958.425
6.375.846
1/31/2025
The financial slatemenls were approved by the Trustees on .........................
$IuAÈd by..
ri
H C Tinsley
Trustee

Docusign Envelope ID.. 31E4BD05-EF4143EO-94A4.AAOF1AB1 BF87
TINSLEY CHARITABLE TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated froml(absorbed by)
operations
19
45,850
1252,483)
Investing activitie$
Purchase of investmenls
Proceeds from disposal of investments
Inveslrnent income received
(543,684)
478,136
7,379
{86,277)
151,227
7.365
Net cash (used in)Igenerated from
Investing activities
{58,149)
72,315
Net decrease in cash and cash equivalents
(12.299)
(180,168}
Cash and cash Èqtsivalenls at beginning of year
256,627
436,795
Cash and cash equivalents at end of year
244,328
256,627

Docusign Envelope ID". 31E4BD05-EF4143EQ-94A4-A4OF1A81 BF87
TINSLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢otsnting policies
Charity information
Tinsley Charitable Trust is a charity constituted by a trust deed daled 15 April 1993.
1.1 Accounting ¢onvention
The financial slalements have been prepared in accordance with the charity's governing document, the
Charities Act 2011 and A¢¢ounling and Reportin9 by Charities: Statemenl of Recommended Practice
applicable lo charities preparing their accotjnls in accordance wilh the Financial Repctrting Standard
applicable in the UK and Republic of Ireland (FRS 102} (effective l January 2019) The charity is a Public
Benefrt Entity as defined by FRS 102.
The financial statements have departed from the Charities {Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Slalemenl of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been wilhdrawn.
The financial statements are prepared in 51erling, which is the functional currency of the charity. Monetary
amoLJnts in Ihese 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 approvtng the financial slalemenls, the trustees have a reasonable expeclalion thal the charity
has adequate resources to continue in operational exislence for the ft)reseeable 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 al the discretion of the trustees in furtherance of their charitable
objectives.
1.4 Incoming resources
Income is recognised when the chafity 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 re¢ognised on receipt. Olher donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Donations of assets are
recognised at fair value.
1.5 Resources expended
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit lo
third party, il 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 classified by activily. The costs of each activity are made L¢P of the total of difect costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single
aclivity are allocated directly to that aclivily. Shared costs which contribute to more than one activity and
support costs which are not allributable to a single activity are apportioned between those activities on a basis
consistent with Ihe use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset'5 use.
Expenditure 15 a¢counled for on an accruals basis.
Grants payable ar& recognised when the criteria for a constructive obligaliori are mel, payment is probable, il
can be measured reliably, and there are no conditions attaching to ils payment that limit recognition.
10-

Docusign Envelope ID.. 31E4BD05_EF41.43EO.94A4_AAOFIABIBF87
TINSLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Atcounting policies
Icontlnuedl
1.6 Investment properties
Investment propèrty, which is property held to eam rentals andlor for capital appreciation, is initially
recognised at cost, which includes the purchase cosl and any diredly altribulable expenditure. Subsequently
it is measured al fair value at Ihe reporting end date. The surplus or deficit on revaluation is recognised in
profil or loss.
1.7 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
incomel(expenditure) for the year. Transaction costs are expensed as incurred.
1.8 Cash and cash equivalents
Cash and cash equivalenls include cash In hand and deposils held with banks.
Basic financial assets and liabilities
Deblors and creditors wilh no stated interest rale and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in Ihe slalement of financial activitities.
Crltical accounting estimates and judgements
In the application of Ihe 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 cilher factors that
are considered lo be relev2nt. Actual results may differ from these eslimales.
The estimates and underlying assumptions are reviewed on an Dngoing basis. Revisions lo accounting
estimates are recognised in the period in which the estimate is revised where the revision affects Dnly that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Donations and legacies
Unrestrlcted Unrestricted
funds
funds
2024
2023
Donations and gifts
543,864
248,777
11

DocLtsign Envelope ID.. 31 E4BDO&EF4143EO.94A4-AAOF1ABIBF87
TINSLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from inv*$lments
Unrestrt¢ted Unrestrictsd
fvnd$
funds
2024
2023
Rental income
Income from listed investments
Interest receivable
7.140
84,257
239
7,140
76,651
225
91,636
84,016
Raising funds
Unrestricted
funds
Total
2024
2023
Investmenl management cosls
32,525
32,116
32,525
32,116
Charltable activilies
Other costs Donations
to charitable
causes
Total
2024
Totsl
2023
Donations lo chari18ble cauges (see note 7)
Share of govemanGe cos15 (see note 8)
471,377
471,377
3,441
473,098
3,311
3,441
3,441
471,377
474,818
476,409
12

Docusign Envelope ID.. 31 E4BD05-EF4143EO-94A4-AAOF1AB1BF87
TINSLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Donations to charitable causes
In the interest of transparency, the charily discloses individual gifls of £10,OOQ or more (all are to
in51itulions)'.
2024
Cambridge Carbon Footprint
Centre for Health & The Public Interest
Civic Power Fund
Fanshawe College, Canada
Free Yezidi Foundation {Nelherlands)
Full F2Ct
Greenpeace Environmental Trust
Impact Accelerator
IPPR
Kensington & Chelsea Foundation
Migrant Democracy Project
Network for Africa
Open Trust
Peace Brigades International UK
Public Interesl News Foundation
Quadrant Property Management (accommodalion for Ukrainian refug8e family)
Reprieve
Rownlree Reform Trust (UK Democracy Trust)
Waging Pea
Other
10,000
25,000
25,000
16.822
12,500
10.000
26,000
25,000
25,000
10,000
10,000
85,000
30.000
23.000
10,000
14,400
25,000
20,000
25,000
43,655
471,377
Don
ion anal
Environmental
Educalion, social welfare and human righls
Olher
sisb
sector..
61,000
366,722
43,655
471,377
During the year the Charitable Trust donated £25,000 to Worcester College, Oxford. A fLJrther £25,000 of
donations have been committed lo and an equal instalment of £25,000 ha5 been paid in the year. The total
donation of £85,000 was recognised in 2021122.
13

Do¢usign Envelopè ID.. 31E4BDOS-EF4143EQ-94A4-A40F1AB1 BF87
TINSLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs
Goveman¢e
¢o$ts
2024
2Q23
Audit and accountancy fee$
Bank charges
3.342
99
3,342
99
3,150
181
3,441
3,441
3,311
Analysed between
Charitable activities
3,441
3,441
3,311
Governance costs includes payments to Ihe auditors of £3,342 (2023- £3,150) for audil fees.
Truste¢$
None of the trustees lor any persons connected with them) re¢eived any remuneration or reimbursed
expensps during the year.
10 Employees
The average monthly number of employees during the year was".
2024
Number
2023
Number
Total
There were no employees whose annual remuneralion was more than £60,IJOO.
11 Nèt gainslllosses) on investments
Unrestrlcted Unrestricted
funds
funds
2024
2023
Revaluation of investments
Gainl{lossl on sale of inveslments
Revaluation of investment properties
370.965
33,657
50,000
1339,600)
{31,111)
8,(100
454,622
(362.711)
12 Taxation
The ¢harÈty is exempt from lax on income and gains falling within s8ction 505 of the Taxes Act 1988 or section
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its chaiitable objects.
14-

Docusign Envelope ID.. 31 E48D05-EF4143EO-94A4-AAOF1AB1 &F87
TINSLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Investment property
2024
Fair value
Al 1 April 2023
Nel gains or losses through fair value adjuslments
175,000
50,000
Al 31 March 2024
225,000
Investrnenl property comprises residential propety. As at 31 March 2024 the trustees h2ve re-assessed the
market value following a valuation from R. Longslaff & Co LLP, who are nol connecled with the charily. A fair
value adjustment increase of £50,DOO has been accounted for to give a fair value as al 31 March 2024 of
£225,000.
15

Do¢usign Envelope ID.. 31 E48Do5-EF4143E￿94A4-I￿oF1AB1BF87
TINSLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Fixed asset investments
Listèd
Unltsted
Investments Investments
Total
Cost or valuation
Al 1 April 2023
Additions
Valuation changes
Investment management fees
Dividends and interest received
Disposals
5,992,338
543,664
408,327
(34.366)
82.446
(475,OOD)
5,031
5,997,369
543.664
404,622
134,366)
84,256
{478,136)
(3,705>
1,810
(3,136)
Al 31 March 2024
6,517,409
6,517,409
Carrying amount
Al 31 Maich 2024
6,517.409
6,517,409
Al 31 March 2023
5,992,338
5,031
5,997,369
2024
2023
Investments at fair value comprise..
Cash awaiting inveslmenl
Listed inveslments
Social investmenls
77,651
6,439,758
80,864
5,911,473
5,031
6,517,409
5,997,368
All the above investments (other than cash> are quoted on a recognised UK Stock Exchange or are valued by
reference to investments listed on a reco9nised Stock Exchange.
The historical cost of the fixed asset investments as at the year end is £5,747,Q28 (2023: £5,482,871).
15 Financial instruments
2024
2023
Financial instruments at fair value through profit or loss
Fixed asset investmenls
6,517,409
5,997,369
16-

Docusign Envelope ID 31 E4BD05.EF4143E1>94A4_A40F1AB1 BF87
TINSLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Creditors: amounts falling due within one year
2024
2023
Other creditors
Grants payable
3,312
25,000
3,150
25,000
17 Credltors: amounts falling due after more than one year
2024
2023
Grants payable
25,000
18 Related party transactions
During the year the Gh2rity received a donation of £nil {2023. £100,000) and received rent of £7,140 {2023'.
27,1401 from H C C Tinsley and Son Ltd. H C Tinsley and R c finsley are directors of H C c finsley and Son
Ltd.
During the year H C Tinsley donated investments with a market value of £543,664 (2023.. £8G,27n and cash
donations of £nil12023.' £50,000} to the charily_
During the year the charity made donations of £25,00012023'. £50,000) to Waging Peace. a registered charity.
R C Tinsley is a trustee of Waging Peace.
During the year the charity made donations of £85,000 (2023: £50,000) to Network for Africa. a registered
charity. R C Tinsley is a Ifustee of Network for Africa.
During the year the charity made donations of £20,000 (2023: £20,0001 lo the Joseph Rownlree Reform Trust,
a company limiled by guarantee. H C Tinsley is on the Advisory Board to the Joseph Rowntfee Reform Trust's
UK Democracy Fund.
17-

Docusign Envelope10." 31 E4BD05-EF4143EO.94A4_A40F1ABfjBF87
TINSLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Cash generated from operations
2024
2023
Surplusl{deficit) for the year
582,579
1538,443)
Adjustments for,.
Investment income recognised in statement of financial activities
(Gain}Iloss on disposal of investrnents
Investment managers, fees paid via portfolio
Fair value gains and losses on investments
{91.6361
{33.6571
34,367
{420,965)
(84,018)
31.111
32,115
331,600
Movements in working capilal..
(Decrease) in creditors
{24.8381
(24,850)
Cash generated froml{absorbed by) operations
45.850
{252,483)
18