CHARITY Nuf*tBER: 1068930
Ort of th¢ Truste￿ and
Financial Statements
for the
ear ended 31 Au
t 2024
for
Richard Radcliffe TnLSt

Richard Radcliffe Tiwt
Contents of the Financial Statements
for the Yeai. Ended 31 Au
st 2024
Page
Legal and Administtative tnfotmation
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
NotGs to the Financial Statements

RiCh￿"d Radcliffe Ttust
Le
al and Administrative IDfoimation
for the Year Ended 31 Au
t 2024
CONSTITUTION
Richard Radcliffe Trust is a registered charity governed by its trust deed. Charity number: 1068930.
TRUSTEES
As set out in the Iiust deed, the charity is controlled by a minimum of three trustees. Futurc trustees
are appoitited by resolution of the trustees.
The trustees of the charity, who served during the year and since the year end, are two of the executor8
named in the late Richard Radcliffe's Will..
Mr A Bell
Miss P J Radcliffe
Appointed as a trustee on 29 September 2010:
Dr P RadcEiffe
Appointed on 4 May 2023:
FrAnces Gennaine Radcliffe
REGISTERED OFFICE
Castle View
77 Moreton Road
Buckingham
Buckinghainshire
fvIK18 IJZ
ACCOUNTANTS
Sigma Partners
Delmon House
36-38 C:hurch Road
Burgess Hill
West Sussex RH15 9AE
BANKERS
CAF Cash Ltd
Kings Hill
West Malling
Kent MEI 9 4JQ
INVESTMENT ADVISORS
Charles Stanley & Co Ltd
14 Hyde Gardens
Eastboume
East Sussex BN2 4PR

Richard Radcliffe Trust
Re
ort of the Trustees
for the Year Ended 31 Au
st 2024
The tiustees pr￿ent their report together with the financial statements of the charity for the year ended
31 August 2024.
Objectives And activities:
The objects of the charity staled in its tn￿t deed are general charitable pwposes at the t￿￿tees.
discretion.
The truste&s' policy AS to support the following charitable activities:
a) Assisting physically handicapped people.
b) Giving young people a better start in life though providing funds for technical training.
c) Supportin£ hospice care for the tern)inally ill.
d) Providing help for people who are severely deaf an(Vor blind.
e) Nature conservancy.
To achieve these objectives, and in view of the funds available. a registerd charity was cl'eated to
administer the funds and to make for the objects stated above.
The trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to
the guidance piiblished by the Charity Commission and in particular public benefit guidance.
Achflevements 2nd Perf0rn12nce:
The trustees monitor the work of the charities to which grants are paid by reading annual and other
reports supplied by those charities.
The trnstees believe that public benefit has been delivered in the areas of the advancement of
education, the advancement of health, the advancement of citizenship and the relief of those in need
by reason of youth, ill-health, disability and flllancial hardship. Public benefit will continue to be
achieved by ensuring that grants issued meet the charity's objectives and are in the public inteiEst.
Financlal Revlew:
The trust has a sti'ong and stable financial position at the balance sheet date. with investments valued
at £2,158,646 and currcnt assets of £88,492. There are minimal creditors and unr￿trIcted fund
reserves of over £2 million.
It is the trustees. intention to distribute the wliole of the available income year by year and to
maintain the reserves level in order to conlinue to generate income from inv&stments.
During the period. the management of the trust's investment portfolio was transferred into the hands
of Charles Stanley & Co Ltd. The charity's investment policy is io invest the funds available to
achieve a balance of income generation and capital growth.
The trustees believe the charity's assets are adequate to fulfil its obligations and consider that the trust
will remain a going conceiij well into the foreseeable future, fol. a minimum of twelve months after
the reporting date.
The tNst has set up a system to identify and pay grants to individual charities. Grants of £25,000 were
made duiing the year.
"ants of between £l.000 and £3,000 were awarded during the year.

Richard Radcliffe Trust
Re
oi't of the Trusteas
for the ye￿ Ended 31 Au
st 2024
Structure) governance and management:
The Trust is constituted as an uninco￿orated charitable tn]st registcred with the Charity Commission in the
Management of the charity is vested in fo￿. trllst￿, two of whom were the executors of the late Richard
Radcliffe's will.
All of the trust¢cs nained on page I, have seTved throughout th¢ year and since the year end. Appointtnenl
of trustees is governed by the Trust Deed of the charlty whereby the existing tntstees have the powei. to
appoint further trnstees as required. When a further tn￿tee is appoin*d, they are introduced to th¢Èr new
j.ole and givcn copies of the trnst deed and a guide to the polici&8 dnd procedurcs adopted by the charity. A
number of publications from the Charity Commission are also pi'ovided to ensure that new tll￿te￿ are
aware of the scope of their responsibilities under the ClwitiGs Act.
Reference and administrative details:
The charity is ¢alled, and is known only as, Richard Radcliffe Tn￿t and the re￿stered charity number is
1068930.
The Legal and AdmInist￿tive Inf0m￿tIOll, including the priocipal office and names of tNstees, is set out
on page l and form pait of this r¢porl. Thc fJnancia] statements comply wilh curTcnt slaiutory requirements
and the FRS 102 Statement of Recommended PractACe.
Exempdons from dlsclosure:
None.
Trustees Responsibilities in relation to the Financial Statements:
Law applicable to charities in England and Wales requires the trnstees to prepare financlal statements for
each financial year wbich give a true and fair view of the ch￿'ity'S financial activities during the year and
of its financial position at the end of the year. In preparing those financial statements, the tnjstees are
requlled to:
(a) select suitable accounting policies and apply thcm consistentIy;
(b) make judgements and estimates tbat are reasonable and PTudent:
(¢) state whcihei" applicablc accounting Stand￿dS and statements of recommended practice have been
followed, subject to any departures disclosed and ¢xplaia¢d ID the fll)ancial statements.
(d) prepare the financial stat¢m¢nts on a going concein basis unless it is inappropriate to presume that the
charity will continue in operation.
Funds held as custodian trustee on behaIf of others:
None,
Approval:
This report was approved by the ttwtees on
11 1•2r
and signed on their behalf.
P Radcliffe (Trustee)

Richard Radcliffe Trust
Inde
endent Examiner's Re
ort to the
Trustees of Richard Radcliffe Ttust
We Yeport on the financial statements of the charity for the year ended 31 August 2024, which are set
out on pages 5 to 9.
RESPECTIVE RESPOIYSIBILITIES OF TRUSTEES AND EXAMINER
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 ("the Act").
We report in respect of our examination of the Trust's accounts carried out under section 145 of the
201 l Act and in caErying out our examination, we havc followed all the applicable Directions given by
the Charity Commission under section 145{5)(b) of the Act.
BASIS OF INDEPENDENT EXAMINER'S REPORT
Our exatnillation was earried out in accordance with the General Directions given by the Charity
Commissioners and under s145 of the Charities Act 201 l. An examination includes a review of the
accounting records kept by the charity and a comparison of the financial statements presented with
those recoi'ds. It also includes coi)sideration of any unusual items of disclosures in the accounts, and
seektng explanations from you as trustees concerning any such matters. The procedures undertaken do
not provide all the evidence that would be required in an audit. and consequently we do not express an
audit opinion on the true and fair view given by the fllW]cial ststements.
IIYDEPENDENT EXAMINERJS STATEMENT
In connection with our examination. no matter has come to our attentiojj:
which gives us re&sonable cause to believe that in any materAal respect the requiitments
to keep accounting records ill accordance with section 130 of the Charities Act 2011.
for the accounts to match the accounting records.
to prepare tbe accounts in accordance with the Charities SORP (FRS 102). and
to prepdre fInancial stdiemenls whiLh accord with the accounting records and to comply with
the accounting requiiements of the Charities Acts
have not been met:
to which, in our opinion, attention should be thzwll in order to enable a proper understanding of the
financial statements to be reached.
Simon P Lea FCCA
Sigma Partners
Chartered Certified Accountants
Delmon House
36-38 Church Road
Burgess Hill
West Sussex RHI 5 9AE
Date:

Richard Radcliffe Trust
Statement of Financial Activities includin
Income and Ex
endtture Account
for the Year Ended 31 Au
st 2024
Total
Funds
2024
Total
Funds
2023
Notes
Incoming Resources
Investment Incom¢
60,640
57,101
Total Incoming Resources
60,640
57.101
Resources Expended
Charitable Expenditure
Grants payable in furtherance
of the Charitys Objectives
Management ftnd Administration
25.000
26,288
56,000
22,978
Total Resources Expended
51.288
78,978
Net (Out£olngVIn¢oming Resources
Before Revaluatlons alld Investment
Asset Disposals
9,352
-21,877
(Losses)IGains on revaluations and
disposals of investment a&gets
172,373
-21,232
Net movement in Funds for the year
181,725
43,109
Tot21 Fund8 brought forw2rd
Cash sgltl¢d into Trust dwillg the year
2.063,223
2,106.332
Total Funds cArrfied foiivard
2,244,948
2,063,223
All activities above relate to unrestricted funds.
The statement of fmancial activities includes sumnw income and exp¢nditur¢ account and all gains and
losses reCo￿lSed in the year. All incoming resouTttS and resou￿￿8 expended derive from continuing
activities.

Richard Radcliffe Trust
Balance Sheet
31Au
st 2024
2024
2023
Notes
Fixed Assets
Investments
2,158,646 1,947,668
2,158,646 1,947,668
Current Assets
Accrued Income
Cash at Bank
4,247
84,245
494
117,191
88,492
117,685
Creditors: Amounts falling due wltbin one year
10
2.190
2,130
Net Current Assets
86.302
115,555
Net Asset$
2,244.948 2,063,223
Funds
Unrestricted funds
2,244.948 2,063,223
2,244,948 2,063,223
All filnds are unreAtricted.
Approved by the trustees on
and slgned on their behalf by.,
. P Radcliffe (Trustee)

Richard Radcliffe Charitable Tiust
Notes to the Financial Statements
for the Year Ended 31 Au
st 2024
Pub]Ic Benefit Endty
Tlie Richard Radcliffe Tiust is constituted as a cbuitable tn￿1 8nd rewtd in the United Kingdom.
It is a public benefit entity.
Golng Coneern
The ￿counts have been prepaitd on a going eon¢eTh b￿ls.
Thcre arc no material uncertainties alyyjt the charitys ability lo ¢ontinuc as & going concaTJ.
Bi¥lJ of Prepiratloll
The financi81 stRten)enls are prepaiEd under the hislorieal eost convention as modified by the inclusion of invcstmcnls
Al market value and in accordance witb thc ChariliG8 Slaten￿t of Recommendcd Pr￿LiCe {FRS 102) and with the
Chariti¢8 Act 2011.
The financial sratemefjts are prepared on on 8¢¢ruals b&sÈ8.
Accounting Poli¢ieJ
IneD￿1n8 Resoureei
lftveitment Intomt
Income from equity. fixed intarst ond ¢8sh investments is included when rei%ivdble by the chBrity.
Interest R¢¢elvabl¢
Intatst is included when receAvAble by the ch¥rity.
Resources Expended
Resources eX￿ded are iti¢luded iti the StAt￿*￿t of Financial Activities oo on Ix8is, inclusive of 8ny VAT
which cannot be recovered.
Flxed Asset Investments
All Investments a￿ included at Fair Value WAth gains or low irKluded in the profit and lo&s ￿0unL
Fair value is detennined by quoteAI maLkel price4.
Fund Accoulltlng
Funds held by the charity tr&.
Unrestricted general funds-
tbese ate fullds which can be used in accordaDce with the charitable
objects &i the discrdion of the tswlee&
Legal Status of the Chirlty
The charity is ¢on8¢itulal und¢r a trusi d¢ed.

Richard Radcliffe Charitable Trust
Notes to the Financial Statements
for the Year Ended 31 Au
st 2024
Inveslment tncome
21124
2023
Dividends receivable equity investh]enls
UK
Noo-UK
Interesi receivable from fixed intettst securities
26,771
8.598
25.150
31,448
11,047
14.470
60519
56,965
tnlerest receivable from
136
60.640
57.101
Grants payable in furthergD¢e of the Chadty•s ObJectlvey
During the year, ikne Charity made grants to the following dwiiies:
2024
2023
Welfare
YC2 Young C￿Er5 Youth Club
Project Street Lif¢
Maiilels Hospice
BuckJ'n8ham Youth Certtre
South Bucks Hospi¢¢ (Buiterfly House)
Chailey Heritage Foundation
National Theatre
Bl¢l¢tsley Park
Sense
Dementia Support
RAW Workshop
The Pepper Foundation (Children's Hfyspic¢)
Deatblind
Kiln Theatre
Royal Court (The English Sta8e Company)
Jigsaw South Easl
Willen Hospice
Chestnut Tree House
1,000
1,000
3,000
1,0
3,oiJO
2,000
1,000
3,000
2.000
3.000
3,000
3,000
4,000
2,000
3,000
3,000
3,000
3,000
,000
3,000
3,000
4,000
3,000
3,000
18,1
43,000
Conservadon of the Countryside
Wildlife Twsl
Buglife
Bumblebee Conservalion Trusi
Future Trce5
Eatiti Trnst
Bmgd81¢ Coll¢¢lions
3.000
2,000
2,000
2.000
2.000
2,000
7.OiX)
13.000
25,000
56,000
Ail grallts wett all made to oibtt charltable ￿￿tIL￿tiOn4 noncwere made to individu¥ls.

Richard Radcliffe Charitable Trust
Notes to the Financial Statements
for the Year Ended 31 Au
t 2024
Management and AdininistrAtion
2024
2023
Independent Examinai ftts
Legal & Prtsfc$8I0n￿ fc
Investment inan8gerrKnL fee
Bat￿ CbArges
2.190
1287
22,742
69
2,130
20,771
77
26288
22,978
Trustee81 RemunerAtiott
Trnsttts received no remuneration {2023'. £Nil) And weff not reimbuMI for thy of theii" expenses in the y¢or.
(2023.. £Nil)
Flxed Asset Investments
Market
VNlue
Asat
I Sep 2023
Market
Value
Asat
31 Aug 2024
Purthxses
DisposAI
proceed$
Galnl
(Loss)
gt coit
UK
Fixed interest
8e¢urAtie
Equities
128,880
1,352.809
723,016
575,968
81,515
1,370,693
9,706
55,410
780.087
613,494
1.481,689
1298,984
1,452208
65,116
1,393,581
Non-UK
Fixed interest
securitiea
Equities
67,563
724.181
71,998
527.917
4.435
102,822
465,979
765,065
1,947.668
1090,728
2.052.123
172.373
2.15A.646
AU of die above are listeAI investments.
io.
Credltori: Amounts Falllng Due Wlthln One Year
2024
l(b23
Ac¢ruals
2.1
2.130
2,190
2.130
ii.
Re]gted P2rty TroD52cdon¥
Tb¢re h&ve been no ￿lated paty transactions during the ye2r{and none in 20231