THE GUISE-MIST MEMORIAL TRUST
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
for the period from 6 April 2023 to 5 April 2024
Registered Charity number: 1076353

THE GUISE-MIST MEMORIAL TRUST
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
CONTENTS
Pages
Administrative information
Trustees, report induding statemenl of Trustees. responsibilities
Independent examiners. report
Statement of financial activities
(inGluding summary of income & expenditure account)
Balance sheel
Notes to the finanaal staterrents

THE GUISE-MIST MEMORIAL TRUST
ADMINISTRATIVE INFORMATION
Trustees:
D A Seccombe
WSBath
Mrs L Edmonds
Ms S Guise-mist
Principal address=
516 Weekin Works
112- 116 Park Hill Road
Hartx)rne
Birniingham
B179HD
Bankers:
Lloyds Bank PIC
Unit 2 & 3 Caxion Gate
36138 New Street
Bimingham
B2 4LP
Independent Examiners:
Malcolm Piper & Company Limited
Chartered Accountants
Kingsnorth House
Blenheim Way
Birniingham
West Midlands
B44 8LS
Solicitors:
Lodders
Number Ten. Elm Court
Arden Street
Stratford upon Avon
Wanvickshire
CV37 6PA
Investment Advisors:
EFG Harris Allday
33 Gr8at Charles Street
Bimiingham
B3 3JN
Registered Charity number:
1076353
Page 1

THE GUISE-MIST MEMORIAL TRUST
TRUSTEES, REPORT
The Trustees present their report and the unaud¢ted financial statements for the year ended 5 April 2024.
The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP)
°Accounting and Reporting by Charities. (FRS 102) in preparing the annual report and financial
statements of the Charity.
NATURE OF THE GOVERNING INSTRUMENT
The Guise-mist Memorial Trust is conslituted under a Deed of Trust dated 23 June 1999 and is
registered as a Chanty in England with The Chanty Commission (registered Charity number 1076353).
TRUSTEES
The Trustees who held office during the year were as follows:
D A Seccombe
WSBath
Mrs L Edmonds
Ms S Guise-mist,
The Trustees of the Charity are enlitled to hold office for lrfe.
As the Charity becomes aware of individuals wilh an interest in Ihe Charity's activities, or where it is
perceived that a Trustee can complement the skills held by current Trustees, they put in place a plan to
train them.
PRINCIPAL ACTivrrY
The main objective of the Trust is to provide donations and grants to any charitable organisations or
individuals in their absolute discretion. This includes donations
to support the provision or maintenance of resuje homes. animal sanctuaries and other
facilities for the reception and care of such unwanted animals
to fund the provision of treatment for such sick or ill-treated animals
to any other chanties considered appropnate by Ihe Trustees.
The Trustees seek to use the income and aso capital of the Trust. if appropriate, to promote these
objectives.
PUBLIC BENEFIT
The Trustees confimi that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit when reviewing the Charity's aim5 and objectives and in planning
future activities and setting donation and grant making policy for the year.
FINANCIAL REVIEW
The results for the year and financial position of Ihe Charity are shown in the Statement of Financial
Activities on page 6 and Balance Sheet on page 7.
Page 2

THE GUISE-MIST MEMORIAL TRUST
TRUSTEES, REPORT (Continued)
INVESTMENTS
The Trustees monitor investments through the appointment of an investment advisor and the returns
achieved on those investments against the agreed strategy. In the current year the Trust purchased
investments with a market value of £33.885. The Trust also sold investments with a market value of
£40.715. The change in markel value of investments in the year resulted in a gain of £9,522 (2023: a
loss of £82.455}. This is an increase in the portfolio value which refiects the general recovery within the
equity markets following significant falls in the prior year. The Trustees continue to tske a longer-term
view on the holding of investrnents within the Trust and are satisfied that the investment strategy of the
investment advisor will impact positively in the medium term. The market value of the quoted
investments held during the year is therefore considered to be a￿ptable.
RESERVES POLICY
At 5 April 2024 the Charity held reserves. less inveslment assets. of £23,849 (2023: £17,585).
Investment assets are invested to provide a future income for the Trust and are therefore not generally
considerea io De distnbutaDle asset5. However, the Trustees have the discretion to Use income as well
as the capital of the Trust. if appropriate. to meet its objectives.
Reserves are necessary because all income is derived from the distribution received from the
Investment5 in the shares and funds held. These distributions are variatrAe and dependent upon the
economic climate. Additionally. distributions are not received in regular equal amounts, resulting in
periods of time when no income is being received but expendtture is still incurred.
PLANS FOR FUTURE PERIODS
The Trustees intend to continue with the provision of donations and grants to other charrtable
organisations from income received from inveslments. They intend to ￿VIeW the retums achieved on
an annual basis.
TRUSTEES, RESPONSIBILITIES
The Trustees are responsible for preparing the Trustees. Report and financial statements in accordance
with applirAhlp. law and United Kingdom accounting standards (United Kingdom Generally Aoceptcd
Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the Charity
and of the incoming resources and application of the resources of the Charity for that year. In preparing
these financial statements, the Trustees are required to:
sdect 5Ultable accounting policies and then apply them consistently:
observe the methods and principles in Ihe Charities SORP 2015 (FRS 102):
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting stsndards have been followed, subject to any material
departures discussed and explained in the financial statements,.
prp.p8re financial statements on the going concarn basis unless it 18 inappropriate to prcsume
that the Charity will conlinue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the Charty and enable them to ensure that the financral
statements comply wth the Charities Act 2011, the Charities (Accounts and Reports) Regulats'ons 2008
and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the Charity
and hence for taknng reasonable steps for Ihe prevenlion and detection of fraud and other irregularities.
Page 3

THE GUISE-MIST MEMORIAL TRUST
TRUSTEES, REPORT (Continued)
STATEMENT OF DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINER
We, the Trustees of the Charity who hdd offKe at the date of approval of these financial statements, as set
out above, each confimi so far as are aware. that:
there is no relevant informath)n of which the ChariWs Independenl Examiner is unaware., and
we have taken all the steps that we ought to have tsken as Trustees in order to make ourselves
aware of any relevant inforn)ation arKI to establish that Charivs Independent Examiner is
aware of that information.
Approved by the Trustees on.............
.and signed on its behalf by:"
DASec
Trustee
Page 4

REPORT OF THE INDEPENDENT EXAMINER
TO THE TRUSTEES OF
THE GUISE-MIST MEMORIAL TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GUISE4IIST MEMORIAL
TRUST
I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended
5 April 2024. which are set out on pages 6 to 9.
RESPONSIBILITIES AND BASIS OF REPORT
As the Charty's Trustees you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 (Ihe Act,)
I report in respect of my examination of the Charity's accounts carried out under section 145 of the
Act and in carying out my examinalion I have followed all the applicable Directions given by the
Charity Commission under section 145(5){b) of the Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my exarnination. I confim that no material matters have come to my attenb'on in
connection with the examinab'on giving me cause to believe that in any material respect:
(1) accounting records were not kept in respect of the Charity as required by section 130 of the
{2) the accounts do not accord with those records or
(3) the accounts do not comply with the applicable requirements conceming the form and content
of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a Irue and fair view" which is nol a matter considered as
part of an independent examination.
I have no concems and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Peter Whitehead BA FCA
Malcolm Piper & Company Limited
Chartered Accountants
Kingsnorth House
Blenheim Way
Birniingham
B44 8LS
Page 5

THE GUISE-MIST MEMORIAL TRUST
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 5 APRIL 2024
Unrestricted funds
2024
2023
Noto
Income
Inveslments
Dividends and income from
investments
26,573
28,064
Total income
26.573
28.064
Expenditure on:
Charitable activities
Donations and grants
{22,000)
(20,000)
Other
Legal and other professional fee5
(5,139)
(5.058)
Total expendlture
8.942
25,058
Net lexpenditure)lincome before
gains and losses
(566)
3.006
Net gains l Oosses) on investments
9,522
(82,455)
Net incomel (expenditure) and
Net movement in funds
8.956
(79.449)
Total funds brought forward
at 6 April 2023
650,492
729,941
Total funds carried fonNard
at 5 April 2024
659.448
650,492
All gains and losses recognised in the year are included above.
These unaudtted financial statements have been subjKt to Independenl Examination. See report on page 5.
The notes on pages 8 to 9 fom part of the financial stalements.
Page 6

THE GUISE-MIST MEMORIAL TRUST
(Registration number 1076353)
BALANCE SHEEr
AS AT 5 APRIL 2024
2024
2023
Note
FIXED ASSETS
Investments
635.599
632,907
CURRENT ASSErs
Cash at bank
23.849
17,585
Net Assets
659,448
650,492
Charity Funds
Unrestricted funds
659,448
650.492
Total Charity Funds
659,448
650,492
These financial ststements were approved for issue on ...............
behaif by:
signed on its
S Guise-mist - Trustee
ccombe - Trus
W S Bath - Trustee
monds - Trustee
These unaudited financial statements have been subject to Independent Examination. See report on page 5.
Thc notes on pages 8 to 9 form part of the financial statemetrts.
Page 7

THE GUISE-MIST MEMORIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
1 ACCOUNTING POLICIES
a. Charity status
The Guise-mist Memorial Trust is constituted under a Trust Deed in the United Kingdom and
registered with the Charity Commission in England. The address of the principal office is given
in the Charty information on page 1 of these financial statements. The nature of the Charity's
operation and principal activities are given on page 2.
b. Basis of accounting
The financial statemenls have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice (SORP} applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the United ￿'ngdoM
and Republic of Ireland (FRS 102) issued in October 2019. the Charities Act 2011 and UK
Generally Accepted Accountinq Practice.
The financial statements are prepared on a going concern basis under the historical cost
convention, modified to include investments at market value.
The presentation currency of the financial statements is the pound sterling {£).
c. Fund a¢counting
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the
general objective of the Charity and have not been designated for other purposes.
d. Income recognition
All income is induded in the SOFA when the Charity is legally entitled to the income after any
perfomance conditions have been met; the amount can be quantified with reasonable
accuracy; and it is probable that the income will be received.
Investment income is earned through holding assets for investment purposes such as shares
and investment funds. It includes dividends and interest received and any associated tax credrts
once received.
e. Expenditure recognition
All expenditure is accounted for on a cash expended basis and has been classified under
headings that aggregate all costs related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent
with use of the resources. It is categorised un(Jer the following headings..
Expendrture on charitable activibes indudes donations and grants paid;
Other expenditure represents administration and govemance cost of running the
charity.
f. Investments
Investments are stated at market value at the balance sheet date. The SOFA indudes the net
gains and losses arising on revaluations and disposals throughout the year.
g. Tax
The Charity is exempt from taxation under section 506(1) of the Taxes Act 1988 on the basis
that the fund is recognised as a Charity by the Inland Revenue according to the terms of the
Trust Deed dated 23 June 1999.
Page 8

THE GUISE-MIST MEMORIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
2 LEGAL AND OTHER PROFESSIONAL FEES
2024
2023
Trustee expenses
Trustee insurance
Independent examiners fee
Stockbrokers, fees
49
328
972
3,790
110
323
972
3.653
5,139
5.058
3 TRUSTEES, REMUNERATION
No remuneration has been paid or is payable lo the Trustees either directly or indirectly in the
current or prior year.
Trustee meeting and other expenses of £49 (2023: £110) and Trustee indemnity insurance of
£328 (2023: £323) was paid by the Chanty in respect of all Trustees.
4 EMPLOYEES
There were no full or part tirne employees during the year (2023: Nil).
5 INVESTMENTS
Market
value
blfwd
06.04.23 Addltions
Market
value
clfwd
05.04.24
Change in
market
value
Disposals
Equities listed on UK
Stock Exchange
632.907
33,885
(40,715)
9.522
635.599
6 STATEMENT OF FUNDS
At
06.04.23
Net gain on
Expenditure investments
At
05.04.24
Income
Unrestricted funds and
Total funds
650.492
26,573
(27,139)
9.522
659.448
Details of the fund are given in note 1c.
Page 9