IM irwinmitchell
THE FLORIAN CHARITABLE TRUST
EGISTERED CHARITY NUMBER 1043S23
FINANCIAL STATEMENTS
For th8
ear ended 5th A rll 2024
(Ref: TST145042352

THE FLORIAN CHARITABLE TRUST
REGIS
ERED CHA
Iry NO. 1043
ndex to the Flna
ents for the
ear ended Sth A rll 2024
Annual report
lTrdep￿dent Examln*s Report
Balan￿ Sheet
Statement of Flnanda lthities
7-11
Notes to th8 acccK
12-15
Schedule of InvestTnents

Page I
The Florian Charltable Trust
Annual Report
For the Year ended 5th April 2024
Full Name of Charity:
The Aorian Charitable Trust
Nature of Governlng document: Deed of Trust dated 24th June 1994
Registration Number:
1043523
Trustees:
Graham Anthony Treasure
Mark Treasure
Simon Treasure
Carollne Amanda Shelton
Registered Address:
Thomas Eggar House, Frfary Lane.
Chlchester, West Sussex, P019 IUF
Principal Banker:
Bardays Bank Plc, 74-75 East street,
Chichester, West Sussex. P019 IHR
Sollcltors:
Irwln Mitchell LLP, Thomas Eggar House.
Frfary Lane, Chlthester, West Sussex, POI9
IUF
Independent Examlners:
Moore (South) LLP, Clty Gates,
2-4 Southgate, Chlchester, West Sussex.
P019 8DJ
Investment Managers:
Rathbone Investment Management Limlted,
10 George Street, Edlnburyh, EH2 2PF
Constitution and Objects
The trustees are directed to apply the income or capltal of the Trust Fund to such
charltable purpose or purposes and in such proportions as the Trustees may from
tlme to tlme In thelr sole dlscretion think fit
Organlsatlon and Grant MakSng Pollcy
Appoi ntment of the Trustees is govemed by the Trust Deed. The trustees meet
annually and are prepared to look at all appllcatlons recelved durlng the slx
months prior to the meetingi partlcular emphasls has been placed on fundlng
specific proierts, and, where posslble, supporlJng those Charities geographlcally
local to one or more of the Trustees, so there can be personal contact between a
Trustee and the Charlty beneflted. The majorlty, but by no rneans all, of the
donatlons have supported medlcal and allled Charltles. with a partlcular focus on
those helplng dlsabled chlldren.
GA: 4948808J

Page 2
The Florian Charitable Trust
Annual Report (contlnued)
For the Year Ended 5th April 2024
Achlevements Bnd performan¢e
Durfng the year the Trust has been able to contlnue Its support of charftable
Institutlons, a5 identified In the Organlsatlon and Grant Maklng Pollry. The
Trustees, where posslble, support those Charlties geographlcally local to one or
more of the Trustees,
The Trust Supported 8 grant applfficatlons In 2023124 totalllng £40,000 (cornpared
wlth 8 applications totalllng £40,000 In the prevlous year). There were no grants
cancelled durlng the year.
Financial Review and Investment Policy
The accounts show that the market value of the Investments increased durlng the
year from £1,577,482 to £1,580,261. The gross Income produced by the
Investments amounted to £46,643 as compared with £41,323 In the previous
year. The net reallsed and unreallsed galns on the Investments totalled £15,508
In the year as compared wlth a loss of £135,058 in the previous year.
The Investment advlsors (Rathbone Investment Management Ltd) are InstrLJCted
to Invest In a portfolio which will provide a balance between capital growth and
Income. Dlscretionary rnanagement has been granted to the Investment
advlsors.
The incoming re50urtrs conslst of divldend Income from Investments and bank
dep051t Interest. The trustees approach In connectlor] wlth the level of grant
making each year Is to distrlbute up to the forecasted Income re￿1Vable.
Reserves Policy
It Is the policy of the charity to maintsin unrestricted funds, which are free
reserves of the charlty, at a level which equates to approxlmately slx months
expenditure. Thls provldes sufficient funds to cover management and
admlnlstratlon and support costs and to respond to emergency appllcations for
grants which may arlse. Unrestrlcted funds were malntalned at thls level
throughout the year.
Risk Management
The Trustees have examlned the major strateglc, business and operational risks
whlch the Charity faces and confim that ￿ternS have been established to
enable regular reports to be pr()JU￿d 9) that the ￿e￿Sary steps can be taken to
lessen these risks.
GA: 49488D8 1

Page 3
The Florian Charitable Trust
Annual Report (contlnued)
For the Year Ended 51h April 2024
statement of Trustees. Responsibilities
Law appllcable to Charltles In England and Wales requlres the Trustees to prepare
Flnandal Statements for each Financlal year whlch glve a true and falr vlew of the
Charity's flnanclal acuvltles durlng the year and of its financial posltton at the end
of the year. In preparlng those Flnanclal Statements, the Trustees are requlred
to:
Select sultable accountlng policles and apply them consistentlyi
Make judgements and estimates that are reasonable and prudent.
state whether appllcable accountlng standards and statements of
recommended prdctI￿ have been followed subject to any departures
disclosed and explalned In the Flnanclal Statements. and
Prepare the Financlal Statements on a golng concem basis unless It Is
inappropriate to pr&sume that the Charlty will continue in operation.
The Trustees are responslble for keeping accounting records which dlsclose wlth
reasonable accuracy at any tlme the flnanclal positlon of the Charity and enable
them to ensure that the flnanclal statements comply wlth the Charltles Act 2011.
They are also responslble for safeguardlng the assets of the Charlly and hence for
taklng reasonable steps for the prevention and detectlon of fraud and other
Irregularitie5.
Appro¥ed by the Trustees and slgned on thelr behalf:
.GA Treasure
.M Treasure
S Treasure
.C A Shelton
15.01.2025
GA: 4948808J

Paga 4
THE FLORIAN CHARITABLETRUST
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES
I report to the charrty tru5tee5 on myexarnination of the accounts of the charityforthe year ended 5
April 2024 which are set out on pages 5 to 15.
Responslbllftles and basls of report
As the charivs trustees you are responsible forthe preparation of the accounts In accordance with
the requ Irements of the Charities Act 2011 {the ACV).
I report In respect of my examlnation of the charitfs accounts carrled out u nder section 145 of the
Act and in carrying out my examination I have followed allthe applicable Directions given bythe
CharFty Commlsslon under sectlon 145{51(b) of the Act.
Independent examlner's statement
I have completed my examlnatlon. I confirm that no material matters have come to my attention in
connertion wlth the examlnatlon glvlnE me cause to believe that in any materlal respect:
accountlng records were not kept In ￿pect of the charity as requlred by section 130 of the
the accounts do not accord w5th those records; or
the accounts dld not complywlth the appllcable requirements concerningthe form and
context of accounts set out in the Charities (Accounts and Reports) Regulatlons 2008 other
than any requiremerlt that the attounts give a 'true and fairf vlew whlch Is not a matter
considered as part of an Independent examlnatS0n.
I have no COn￿rn5 and have come across no other matters in connection with the examination to
which attentlon should be drawn In thls report In order to enable a proper understandlng of the
accounts to be reached.
202£
Matthew Bather, ACA
Moore (50Uth) LLP
Chartered Accountants
Clty Gates
2-4 Southgate
Chichester
West Sussex
P019 8DJ
GA., 4948875_1

Pag8 5
LE TRUSI
REGISTERED CHARITY NO. 1043523
Balaneè Shèotas at 5th A rll 2024
5A24
Fixed Assets
In¥e31ments al value
I.￿0.261.19
1.677,482.09
C￿￿entA55￿13
19.016.37
19.016.27
20 593MI
20.693.81
L12bllhle&fallinG 12 monlh$
Credilor5
1J10.40
1.248.00
17.705.97
1597 W7.16
1U,345.BI
1.596.827.BD
Fund kfancé as ￿ 5.424
Unrestrktad
1.597.967.16
1.698.827.90
15.01.2025
Tha ffinardalstalemenls￿wO apprtr￿d by thg IKwd oflrusiees on_....-.....~........... .-..... ....-WKI skned on Ils bahalfby
GA Treasu
Twstee
MTr￿ure
Twsfre
S Treastjr
Twstee
CASheKon
Tntytee
The wtes on pages 719 15 brm p4rt oflhese acc￿nts

Poge 8
E FLORIAN CHARrrABLE TR
REGISTERED CHARITY NO. 1043523
stafBrneTrt of Winanclal ActlvItt￿ for the
ear •nd•d 5th A rfl ￿24
corAE
In¢omlng RèFources
Grns5 IFNOStrn&rl frKome
46,642B5
41.323.52
Tol41 Incorytlng R•sourc•s
4e,642.85
41,323.52
Re$¢urce# expond¢d
Charitat4e acll¥llles
($3.468.80)
(52mO.40)
Raising funds
Inveslmenlmanagen￿nl c4)sts
Total Resou￿¢$ Exptrnde
7.542.53
{61,011.33)
7.702.3￿9
(60,532.7gJ
Net (Expenditurefvlncome
(14W8A81
(19309.27J
Oth$r gains and105SE
Rpalised gam￿0035es? on of15￿￿ asset tnvestrnents
GaknsllLosses) on rèvalua(lon Df ffiNI 8ssBtlnvgslttMts
N&t Gain¥llLosseB) on investments
(12.42)
15.52D.18
15,507.74
(19.722.63)
(115,335.30
(l35.057.￿)
Fund b81an¢x brDughlfoThwd 6A.fJ
1.596,827.90
1,761.09S.10
Fund balanea tarrièd fDr*Ard 5A.24
1.597.967.16 £
1,595,827.90
None of the Charity's activllles were 4cguired or disconliiued duri￿ the 8bov8 Iwo fiscal years.
The Ch8rfty has recognlsed 98ins or IDsses uuwlhan thosedpallwRh in the sta19r￿[ of F￿anC￿l AcbV]lies.
The notes on paue8 7 to 15 f¢xm part oflhese aox¥JrEts.

Page 7
THE FLORIAN CHARITABLE TRUST
REGISTERED CHARITY NO. 1043523
Notes to the Accounts for
ril 2024
I ACCOUNTING POLICIES
The Florian Charftable Trust Is an unlncorporated chatity. registered with the Charity Commls&lon
number 1043523. The registered address is
Thomas Eggar House. Friary Lane, Clychester, West Sussex. P019 1UF
4.1 ACCOUNTING CONVENTION
These accounts have prepared in accordance with 'AcGounting and Reporting by Charitw. the
Statement of Recommended Practice for charities apptying the Financial Reporting Standard appli(xble
in the UK and Republic of Ireland (FRS 102) and UK Generally Accepted A￿OUnting Practice. The
charity is a Publlc Benefit Entity as defined by FRS 102.
The aGcounts are prepared In stedlng, whlch is the functional currency of the charity.
The accounts have beèn prepared on the historical cost convention modified for the revaluation of
Investments. The prlncipal accountlng policies adopted are set out below.
1.2 GOING CONCERN
At the time of approving the accounts. the trustees have reasonable exp8Ctalion Ihat the charty has
adequate resources to continue irk operaiional &y1Sten￿ for the foreseeable fuEure. Thus the ITuslees'
contlnue lo adopt the going concem basis of acGountwig in preparatlon of the ￿OUnt8.
4.3 CHARITABLE FUNDS & FUND ACCOUNTING
Unrestricted funds are available for use at the dtscr8tion of the tru3tee3 in furtheran￿ of their charif8ble
obiectivès unless the funds have been designated for other purposes.
Incomlng Resources
Incoming resourw8 include8 investment income. which is Tecognised when Iha ch8rily ha$ 8 legal right
to the Income.
Thp gain or k)ss arislng on the dIs[￿l of an asset Is determined as Ihe 4Jifferenca between the sale
proceeds and the carrying value of the asset. and i5 recognised in net incomeJ(expenditure) for the
year.

Page 8
THE FLORIAN CHARITABLE TRUST
REGISTERED CHARITY NO. 1043523
Notes to the Accounts for the
earended 5th A
ril 2024
q.4 GRANTS PAYABLE
Grants payable are debited to expenditure ￿thIn Ihe Statement of Financial Activities tn the period lo
which they relate.
1.5 INVESTMENTS AND INVESTMETrTf INCOME
All investments are stated at fair walue and the rrrf)vement shown comprises b)th realised and
unrealised gains and losses.
Realised gains or losses arising on the disposal of inv85trnents (together with provisions for diminution
in value), are credlted or debiled to thg Statement of Finanpial Activities, and subsequently transferred
to Unrestricted Funds.
1.6 IRRECOVERABLE VAT
All expenditure is accounted for on an accruals basis and is inclusNe of irrecoverable VAT.
1.7 CHARITABLE ACTIVtriES
The cost of charitable actiwttes consi8ts of grants made.
1.8 COST OF GENERATING FUNDS
The cost of generating funds consists of investment management fees.
1.9 GOVERNANCE COSTS
Goyernance costs comprfse all costs Involving the public accountabiltty ofthe charity and its compllance
with regulation and good practice. These costs include costs related to statutory examination and legal
fee5 together with other overhead and support costs.
1.10 CASH AND CASH EQUIVALETrirs
Cash 8nd cash equivalents include deposits held at call wth banks.
1.11 FINANCIAL INSTRUMENTS
The charity has elected to appty the provisions of SectDn 11 °Basic Financial Instruments. and section
12 °Oth8r Financial Instruments Issues. of FRS 102 b all of ts financial instruments.
Flnancial assets and liabilities are offset, wlth Ihe net amounts presented in the financial statements,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to
setue on a net basis or to realise the asset and setue the liabilty simuitaneously.
Baslc financlal assets
Basic financial assets, which includes debtors and osh and bank balances, are intUally measured at
transaction price induding ti ansacliDn costs and are subsequently carried at amorbsed cost using the
effective interest methcKI unless the arrangement constitute5 a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a Ma￿et rate of
interest. Financlal assels classified as receivable wtihin on8 year ar@ not amDrtised.

Psge 9
THE FLORIAN CHAR￿ABLE TRUST
REGISTERED CHARITY NO. 1043523
Notes to the A
nts for the
ear ended 5th A
ri12024
Impairment of flnanclal assets
FInanc.￿l assels, other than those held at fair value through income and expenrfiture, are assessed for
Indicators of impairment at each reporting date. Fmancial assets are impalred where there is obiecllvé
8vidence that. as a result one or more events that ocCu￿d after the initial recognition of the financial
8sset. the estimated future cash flows have b8en affected.
Baslc flnancial Ilabllltles
Basic financial IRbilities, including trade and other payables, are initiatty recogntsed 8t Irangaclion prlce
unless the arr8ng6mont ¢on8titutes a financing transaction, where the debt instrument Is m8asured at
the present value of the futur8 receipts discounted at a market rate of inleresL Debt Instruments are
subsequently Garrled at amortised cost, using the effective irtsrest rate method.
Accounls payable are classed as current liabilities if payment is due within one year or less. If not. th8y
are presented as non￿urrent liabilities.
DereGognEtlon of flnanclal Ilabllities
Inancial liabilities are derecognised when the ¢harrtls contractual obligations expire or are discharged
or Can￿lled.

Page 10
THE FLORIAN C
REGISTE
E TRUST
23
Notes io
h A rll 2024
Year ènded
5.•L24
Year end•£l
5A.23
2. FIXED ASSETS
QLts)ted InvestM￿ts
Market value 8 April 2023
Addition8
Dlsposals
{Decreaseylncrease in portfolio ￿6h
Net realised and unrealised ganlOo55)
Market value 5 April 2024
1,577,482.09
179,530.16
{122,478.gJ}
(89,779.9))
15 5Q7.74
1580261.19 £
1,725,827.27
596,249.16
(860,306.23)
50,769.82
135 057.93
1577 482.09
Hlstorira cost
1453,387_00 £
1.3&9 945.00
UK Investrnents
Non UK Inveslments
Cash held on portfollo
1,348,39lOO
227,563_00
4.299.19
1.&80.281_19 £
1.284,419.00
218.984.00
74,079.09
1.577,48209
Inveslments that represent matgrlal holdlngs.
Holding
Holding
JP Morgan US Equity Income
Personal Assets Trust PIG
Finslxjry GrovAh & In￿me Trust PIC
FuThY8mith LLP Equity I Inc
58,000
18,SOO
9,600
15,000
92,588.1J3
88.800.CK]
79,872.
NIA
85,989.00
87,783.00
86,112.00
84,912.00
3. CASH
Bardays PIC
19.018.37 £
20 593,81
4. CREDITORS
Other cred'k)rs
- Moore {South) LLP
1,310.40 £
1,248.00

P0gÉ 11
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