SURREY SQUARE CHARITABLE TRUST
ANNUAL REPORT
FOR THE YEAR ENDED 30TH JUNE 2024

THE SURREY SQUARE CHARITABLE TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 30" JUNE 2024
th
The Trustees present their annual report and financlal statements of the charity for the year ended 30 June 2024.
The financial statements have been prepared in accordance with the charitys Trust Deed. the Charities Act 2011 and
Account6n8 and Reporting by Charities, Statement of Recommended Practice applicable to charitles preparing their
accounts in accordance with the Financial Reportln8 Stsndard applicable in the UK and Republic of Ireland (FRS102).
OBJEcfivES AND ACTIVITIES
The Trust has been established to make grants for charitsble purposes. Grants are only made to charities known to
the settlor and unsolicited applications are therefore not considered.
PUBLIC BENEFIT
In planning the Trust's grant maklng the Trustees have given consideratlon to the Charity Commission 8uldance on
public benefit.
ACHIEVEMENTS ANO PERFORMANCE
Investments were managed by the Investment Managers wSth performance belng monltored by the Trustees. Since
then. the Trustees have elected to actively manage Investments at their own discretion. The Trust has therefore been
able to cont5nue wlth Sts Ernnt-maklng programme.
FINANCIAL REVIEW
Investment Income totalling £109,458 (2023 £104,940) was recelved. Grants of £22,700 (2023 £89,013) were made
to charitable organisations.
RESERVES POLICY
The trust deed permits the spending of capltal. The Trustees have, however, agreed to retaln the capital for the tfme
being and to invest it to produce income to make 8rants. The Trustees are managing the reserves to balance the
needs of current and future beneficlarles. It Is not antlclpated that the needs Of beneflclarles wlll dlmlnlsh over tlme.
INVESTMENT POLICY AND POWER5
The trustees have the same full and unrestrlcted powers of investment in all respects as if it were the beneflclal
owner. The investment strategy is set by Trustees and takes account of recent demands for funds and an assessment
of expected future needs (see Reserves Pollcy). The investment policy and strategy are rv4lev￿d with the investment
managers at re8ular intervals. The investment objectlve is to maintain, overall, the real value of capital and income.
PLANS FOR THE FUTURE
The objectlves remain unchanged for the future; the intention is for contlnued Investment manaEement on a
conslstent basis and distrlbutfon of income to charitable organisatlons.
RISK MANAGEMEKr
The main risks to which the charity Is exposed as identified by the Trustees have been considered and systems have
been established to mitSgate those rlsks.

REFERENCE AND ADMINsfRATIVE DETAILS OF THE CHARITY
th
The Trust Was e5tabli5hed by a Trust Deed dated 6 September 1994 and is a reBlStered charity number 1041062
Principle Office:
Little Tufton House, 3 Dean Trench Street, London SWIP 8HB
Trustees:
Alexander Stevenson
appointed 6 October 2020
Charles Dennlstoun Stevenson
th
appointed 6 October 2020
Charlotte Stevenson
th
appointed 6 October 2020
Henry Dennistoun Stevenson
appointed 6 October 2020
Independent Examiner: Keeley Hazelhurst, 11 Shiel Hall Medway, Rosewell, Midlothian, EH24 9EW

THE SURREY SQUARE CHARITABLE TRUSTTRUSTEES, REPORT
FOR THE YEAR ENDED 30TH JUNE 2024
TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The charity's trustees a￿ responslble for preparing a Trustees, annual report and financial statements in accordance
with applicable law and United Kingdom Accountin8 Standards {United Kingdom Generally Accepted Accounting
Practicel. The law applicable to charitles in England and Wales requires the charlty's trustees to prepare financial
statements for each year which glve a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, of the charity for that period. In Preparing the financial statements, the
trustees a￿ required to..
• select suitable accountlng policies and then apply them conslstenily.
• observe the methods and principles in the appllcable Charities SORP; • make judgements and estimates that are
reasonable and prudent:
state whether applicable accountlng standards have been followed, subject to any material departures that must
be disclosed and explained in the financlal statements;
prepare the flnanclal statements on the going concern basls unless it is inappropriate to presume that the charity
will continue in business,
The trustees are responsible for keepln8 proper accounting records that dlsclose wlth reasonable accuracy at anv
time the financial position of the charity and to enable them to ensure that the linanclal statements comply with the
Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed.
They are also responslble for safeguarding the assets of the charity and takin8 reasonable steps for the preventk)n
and detection of fraud and other irfe8ularltles.
Approved by the Board of Trustees and signed on Its behalf bv
Trustee
Date

Independent Examiner's Report to the Trustees of Surrey Square Charitable
Trust
I report to the charity trustees of the Trust on my examination of the accounts of the Trust for
the year ended 30th June 2024.
Responslbllltles and basls of report
As the trustees of the Trust, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respert of
my examination of the Trust's accounts carried out under section 145 of the Act.
In carrying out my examination I have followed all appllcable Directions given by the Charity
Commlsslon under sectlon 145(5)(b) of the 2011 Att.
I have completed my examination. I confirm that no matters have come to my attention that
givlng me cause to believe that in any materlal respect;
I, accountlng records were not kept In ￿SPect of the Trust as required by sectlon 130 of the
Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply wlth the appllcable requlrements concernlng the form and
content of accounts set out In the Charltles (Accounts and Reports) Regulatlons 2008 other
than any requlrement that the accounts glve a 'true and falr vlew whlch Is not a matter
consldered as part of an Independent examinatlon.
I conflrm that there are no other matters to whlch your attentlon should be drawn to enable
proper understandlng of the accounts to be reached.
Name: Keeley Hazelhurst, JP, ACMA
Chartered Institute of Management Accountants
Address: Financial Pathways Ltd, 11 Shiel Hall Medway, Rosewell, Mldlothlan EH24 9EW
Date: 23th August 2024

s￿rIe¥ Square Charltable Trust
Consolldated statement of finandal artl¥ltl•s lincorporating an income and expenditure account)
For the year ended 30th June 2024
2023
Total
Restricted Unrestricted
Total Restrlcted Unrestricted
Note
In￿me from".
Investment Income
Other Incoff
109,458
1,256
101458
L256
104,940
104,940
Tot41 Incoffle
110,714
IlQ714
104,940
104,940
Expendlture on:
Charltsble Pro8r•mr
24,416
24416
90,774
90,774
Total expendlture
24,416
24A
,774
,774
Net In¢ome l (expendltuie) for
the ye
86,298
86.298
14,166
14,166
Net 8alnsll1055e51 on
Investments
178,932
178,932
47,120
Net movement In fund5
265,229
61,287
14,166
Recondllatlon of lunds:
Totsl lunds brought forward
L 175,485
L175,485
L114,198
1,114,198
Tot￿ fvnds wrled lorward
1,440,714
L4ffj,n4
1,175.485
1, 128,364
All of the a bove res ults Jre derl¥ed from continui n8 actI￿tIes. There were no other recoinlsed 8aln$ or losses other than Ihose stated
abo¥*, Mowèments In lunds are dlsclosed l Tr Note 6 to the fin•ncl•l statements.
rhese [M￿Oted finaKial *&ffn￿ts h￿e b￿n SLbi&ted to ￿ lndeper#J￿t exaniTh3ticm. See repcrt on page &

Surrey Square Charitable Trust
Balance sheet
Asat 30th June 2024
Note
Flx•d assot&
Investments
1,221.463 1.109,297
¥221,463 1,109,297
Curr•nt assets:
Debtors
Cash at bank and In hènd
68,667
222,301
68,667
Current Ilablllths:
Credltors: a mounts fallln8 due wlthln one yea r
(3 IfJO) (2,480)
Net currenl ￿e15
219.251
66,187
Total net asset$
1,440,714 1,175.485
Fund•
Unrestri cted Income funds
Unrestri cted eapital funds
Restricted
219.251
66,187
L22L463 1,109,297
Total lunds
L440.714 1,175,485
The notes on page5 3 to 6 form part of these accounts.
These financlal statements have been prepared i n accordance wlth the provlslons a ppl i ca bl e to companies
subjectto thesmall companles, fwme.
Approved by thetrustees and signed on thar behalff bv
Trustee:
Date:
rhese unaudlted financial statements have been subjected to an independent examination. See report on page 5

Surre¥S(wrn Charlfable Trwt
Notesto ihelln•nd•l $w•m•nts
l •*¢ounllnspolld•$
•) &sli of pr•par•tlon
The financlal statements h￿e been prepared In accordance wbth Accountln8and Reportln8 bycharities.. Statement ol Rèttsrnmended Prxtlce
applicable tochafities prepèring theiraccDuntS in accordance wlththe Flnanclal Reportin8 Siandard applluble In the and Republlc ol IrelaThd IFRS
1021. ICharltle$ SORP FRS 1021, the FSnancial Reportln8 Stsndard zppllcable In the UK and Republicof Ireland IFAS 1021 and the Companies Art 2C
A5se¢s and liabilities are Inill•lly reco8nised at hISto￿Cal cost ortran5artlon ¥)lue unlèss otherwlse stated In th2 Televan¢ ￿￿unlInSp0l1￿ or ntste.
b) St*tutory lfilommtlthi
Surrey Square Charitable Trust Is a th¥ltable wmpany limited ￿ 8uarantee and is Intt*rporated in the Ufilted Kln8dom. The re8lsiered olfl¢e
address Is Llitle Tufton House. 3 Oean Trench StreeL London, SWIP 3HB
¢) Publ1¢ beneflt enilty
The charitsble company meets the definltloA of a publlc beneflt entlty under FRS 102,
dl GoIni￿n¢er
In the application of the Charftrfs iccoyntlnK PDllcles, which afe descrfbed In note I, the Twstees are requlred to make ludgements, estlmates and
assumptlons aboui the urryln8 amunts of assets and Ilabllltles Ih)t afe not feadily apporent from othersourcès. The estlm*es and associated
45surnpllons we based on hlstorl¢al experlence •nd oiherfactoTsth•t are COn￿dered to be relevant. Aciual iesults m•y dllferfrom th•s• •stlm4tts.
The ifU$tees have a reasonable expectation that the tharlly h4sadequatt resources to contlnue In opeTaiional existence forthe foreseeable future.
Thusthe tTllslees continue ¢0 adow ihe 8oln8c0n￿rn ba51$ of aceouniin8n PfepJrln8the accounts
•) Fund •¢muntl
Unreslrfrtedfvnds are consldered I￿e ￿$¢The5 and Ire txpedanble at the dlKrellon olthe TNstees In lurthemce ofthe 8•n•rnl obl•ctlv*5 of the
Trust.
fj Inrtyn•
Intome Is r•Co￿lSed wh•n th• chaflty h•5 •ritiilement tothe funds.
Investmwhts
In a¢¢+ydan¢e wlth Statement ol Recommended Prnctlce.. A(Kountlng and R•portlniby Charltles, Investments held as flxed •55ets ale stated al
rn•rket vjlue. Reillsed and unreèllsed 8ains and105se$41e deali wlth is movemenis on the C•pltal Fund. Invesimenis a￿ v•lued at th• mbd.
market prite on the valuatlon d•t•.
h) Intèr•s¢ re¢•lvable
Interest on funds held on deposlt Is Included when recelvable and the amount cin b• rn*4Jured relknbly by the thariiy,. Ihls 1$ normally upon
notlllcailon of the Interest p•ld orptyable by the bank.
11 Exp•ndltw• rntqnltlor•
Ralsln8fund5 are the costs assodaiedwlth m•nag•ment of Inv•5tm•nts. Charltable adivltles Include y•nt fyndln& alon8wlttt a$so¢l•ted sllPPOrt
and loverrn•n￿ ¢ost$ io th•rll•ble orynls*tons. These •re de)It In the Statement of FlnaDcl4 Artlvltleswhen payrnent has been a8reed,
Governance cost5 relate to cornpllance wlth const1t￿lOnaI and 5talutory requlfements, and spedflully Snclude 811 ¢osis Incurred bythe Trust In
produ¢ln8 the Annual Report. Llèbllltles are reco8nlsed •s soofft as therels a le6al or con51rucllve obllytlon commlttlngthe charttyio expendlture.
11 C•sh •ndtah *gulvalenis
Cash and tash Equlvalents indud• ush ITr hind. dep051ts held at oll wlth bank$, oth¢rslHJrt.term liquld l*Yesimeni$wlth iylglanl maturiiles of
three months of less and bank overdiafts.
kl Grnnts p•yablt
Gfanls payable are made to thlrd partit5 In furthewance olthe tharltV'5 objects. Slngle 8fdnts are accounted for when elther the reclplent ha$ •
reasonable expe¢tailon that they wlll recelve a drant •nd the tw$tees have a8reed to pay the 6rJnt wlthoul condltlon, orthe reclplent ha5 a
reJsonable expectatlon that they wlll rttÈlve a gfani and that anycondlllon attxhln8 tothe 8Trnt Is outslde of the contfol of the rhwity.
Provisions lorRfdnts are made when the Intentlon to make • mnt been communlcated to the reclplent but there Is uncertalnty•bout elthèf the
11 Allocatlon of $upportcosts
As thè charity caffles out one maln aLtlvltVi the provision of Ar¥itg, •ll support and Rovemance (05ts have bcen allocated to this •ctlvlty. Note 3
Govern￿(C c0515 are the costs associated wlth the 8overnance orfan8ements of the tharlty. These wstsare assoclaied wlthconstltutlonal and
Statutory requlrements and in¢lude any cosis assoclated wSth the 5trote8ic management of the charit¢s actlvltles.
ml T•x•don
The income ènd ￿1n$ of the fund are exempt from taxatiofi as thev are 4pplled for charitable purposes oThlv.
These unaudited financlal statements have been subjected to an independent examination. See report on page 5.

Surrey Square Charltable Trust
Notes to the flnanclal sL*emènts
Investments
al Quoted 1Th￿Stments
VTVanned(
Defenslve
Fund
Bell
Adventurous
Total
Market value as at Istjuly 2023
291.8Ckq
817.481
I.ICB.288
Dlsposal proceeds
Acquisition$
Realised gains on investment assets
Unreallsed losses18alns on investment assets
43,724
68,199
111,923
Market value at 30th June 2024
335,531
885.680
1.221.211
The Trust holds 72.5%12022 73.6%) of Its flxed asset Investments In VTVanneck DefensSve Fund and 27.5%12022 2&3%1
om VT AJ 8ell Aventurous Fund, both mana8ed by Valu-TracAdmlnlstratlon 5ervlces.
At the year end, the Trust held 873 OrdinJry Share5 in a privJte limited company, Rare Recruitment Limited, valued and
held at the original c05t of £912021 £91. The cost of obtJlnlng a valuatlon outwel8ht5 the benef it for the purpose of
these accounts.
Other Investments
Recrultment
Umlted
Carryln8 valu• ￿ shar•s at £9 p•r shar•
8, l¢J)
Disposal proceeds 27 shares
Acqui51tions
Reallsed galns on Investment assets
Unreallsed losses18alns on Investment assets
66,766
67,i¥J9
Carryingvalue 873 shares at £9 per share
7,857
bl Investment Income
VTVanneck
Defenslve
Fund
AJ Bell
Adventurous
Recrultrnent
Umited
Total
2024
Dividends
Bank interest
IL532
89,021
11,5
109.458
rhese unaudlted financial statement5 have been subjected to an independent examination. See report on page 5

Surrey Square Charltable Trust
Notes to the Ilhantlal statements
Analysls of charftabl• actlvltles (current y•art
Restrlrted
Unrestrltted
2023
Actlvltles undertaken dlrncdy
Grant Fundln8
7L
89,013
Support costs (as detalled b¢low)
1716
&716
24.416
24.416
90,773
GrJnt5 payable
Restrlcted
Unrestrfrted
2023
Al￿tr and Kliklni
Amscordl Ltd
Art & Chrlstl•Trllv
Or••st Can(4r Now
C•mfed kntefn•tlon•l
5,1)00
1,000
3.000
5,000
5,000
1.000
994
Imoo
1,000
Coddenh•M Centre
I￿00
1.000
Frl•nd$ of Asthl•n• UK
Frlends of G•lleywood
1,000
3.000
2.500
14,000
5,000
Multl Stor•y ￿￿%1¢
mu4e418orowi￿ Trst
N¢vlll Hott Op•i*
On• MIUlon Mentor$
5wllow
Th• D•y F•und*l
Th• Trumell Trust
Trekslo(*
S￿00
1.000
5,000
1,000
5,000
1.000
I￿00
4,000
5.000
10,000
5,000
13.519
Uprlslnl Leadershlp
Wrllor$ Sthol•r$ Edtsc•tlonalTI￿rt
Other arw¢s
Total
13,700
22,700
13,700
Z2,700
89,013
R•strlct•d
Unre5trfrt•d
23
Support Coms
Independent Exirnlnatlon
Imi nlstratlon LCVS
Bank charles
iJso
1,350
1.335
366
366
426
1.716
1,716
1,761
io
These unaudlted financlal statements have been subjected to an Independent examlnatlon. See report on page 5.

Surrev Square Charftable Trust
Notes to the Ilnanclal statements
Credttors: amounts falllng due wlthln one year
24
2023
Accrua15
Othercreditors
I,iio
2.479
Analysls of net assets between lunds- currentye•r
2023
Investments
Current a$5ets
Current liabilities
1,221,463
222,301
Iiosoi
1,109,297
68,667
12.4801
l4th).714
L175 485
Movement In Funds
Restrfrted Unrestrfrted Unre5trfrt•d
ID¢om• Funds Capllal Funds
I,WJ,297
178,932
Totil
Openlng balance 1st July 2023
Incomè & unreallsed Aalns
Éxpenses
Closini Balance 30th June 2023
&151485
110,714
124,416
Unr•strl£t•d Fundl
Unrestrirted Income Fund.. Investment incorne and donations receied for distribution as Rrants to charltable voluntary orRanisations
Unrestricied Capital Fund., Funds held to provld• income for the onqolnR acllvllies of ihe Trust
Reloted p•rty trans•rtlon$
Payment forthe Introductlon of the Independent examlner was made thn)u8h Blume Ltd. 8 company of whlch Alexander
Stevenson is a di rector. The value of the Iran5actlon15 £1350. Blume Ltd's fee was refunded to Surrey Square Charltable Trust.
Trustees, femunernllon
None of the trustees received èny ￿M￿neratIon of travel expenses in respect of thelr seNices duTing the year12023: NIL).
li
Thocg i inai•Ai+Ad fin3nri>l ¢frafr•m•ntrE haiiA h••n ei IhiArtpd trn inf1•r￿n￿￿ntr *vsbminafvnn Q•• nn nanp