MISS KATHLEEN BERYL SLEIGH CHARITABLE TRUST
Charity Registration Number.. 1082136
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 5 APRIL 2021
William Sturges LLP
Burwood House
14-16 Caxton Street
London SWIH OQY

MISS KATHLEEN BERYL SLEIGH CHARITABLE TRUST
General Informatlon
Charity Re8lStration Number: 1082136
SETTLOR
Kathleen Beryl Sleigh
MAIN DEEDS
Will dated 19 May 1998
Appointment dated 7 March 2000 to exclusively
Charitable Trusts
TRUSTEES
Jonathan Michael Picken
Hazel Anne French
Solicitors of William Sturges LLP
SOLICITORS
William Sturges LLP
Burwood House, 14-16 Caxton Street
London SWIH Oay
INDEPENDENT EXAMINER
Kelly Stevens ACA
Fourwlnds
Wengeo Lane
Ware, Herts SG12 OEH
MAIN TERMS
The trust Is derived from the estate of Kathleen
Beryl Sleigh, who died 8 August 1998, created by
appointment of funds from the discretionary trust
of residue established by her Will (via various
Deeds of Addition/Deeds of Appointment).
The trustees hold the fund5 upon trust for exclusively
charitable objects and purposes in any part of the
world as they think fit.
SOURCE OF FUNDS
Miss Sleigh owned the mineral rights in part of the
Cauldon Low Limestone Quarry, Staffordshire
and these are the main source of income and of
funds for the Charitable Trust.
NOTE
The above summary Is Intended os un aide-memoire and reference should be m(yde to the relevnnt
deeds before making decisions.
Page I

MISS KATHLEEN BERYL SLEIGH CHARITABLE TRUST
Report of the Trustees
Charity Reglstration Number: 1082136
The Tru5tee5 p￿sent their report ènd the accounts of the Mlss 8eryl Sleigh Charitable Trust (the charityl for the year
ended 5 April 2021. The trustees conflrm that the Annual Report and flnancial statements of the charlty comply wlth the
requirements of the chèrity's governing document and the provision5 of the Statement of Reeommnended Practice
ISORPI applScable to thHiitie5 preparing their account5 in accordance with the Financial Reporting Standard appllcable In
the UK and Republic of Ireland IFR51021 leffective l January 20191
structure, goverfian￿ and management
TheTrust was constltuted followlng Appointment dated 7 March 2000 to excluslvew charitable trusts from
the residue of the estate of Kathleen Beryl Sleigh. UTrder her Will substantlal pecuniary legacles were left to
variou5 charities with the proviso that the trustees could postpone payment for up to ten year5 from the date
of death. IA provision to pay interest was included). The charitable legacles were paid Sn full by 13 October
2007 and the Trust received incomin8 funds from that date.
R15k Management
The Trustees have conSide￿d the rnalor rlsks frdted by them and declded that there Is In fact one materlal risk
namely that the entire tnvestment by the Trust is in the Cauldon Low quaTry and the mineials lease In favour
of Aggregate Industries Ltd- see investment pollcy below.
Investment Polley
The Trust'5 main source of Sncome Is mlneral royalties from quarrying. This is kept under constant review.
Sale 3nd/or Sub leaslng hès been considered and dlscounted forvarious commercial reasons.
The Trustees h3ve a specia115t agent who 15 based1n the area and periodically one of the Trustees makes a
slte vlsit for discu5sion5 Wlth relevant partie5. The last slte vlslt carrled out by the speclalist agent was on
24 May 2021. No site visit had been possible SIn￿ the previous ￿sIt on 7 May 2019 dLfe to the pandemic.
Rental Income from the quarry has been increaslng steadily overthe last few years, however output has
reduced Dver the past year, reflecting market conditions. The lease expires in 2036 with a tenant5,
break clause In 2026. There is a rlsk that new mlning regulatlons and plannlng consents whlch came Into force
in 2019 might see new workln8 conditions imposed which could increase operational costs.
The Trustees remaln of the view that it would be very difficult to ieplaee thls level of income and therefore
no presslng action should be taken other than to malntain an adequate cash reserve so that donations
continue In the event that the rent reduces subst3ntially in the short term.
Reserves
The Tru5tees' pollty Is to hold adequate reserves In cash form.
Pa8e 2

MISS KATHLEEN BERYL SLEIGH CHARITABLE TRUST
Report of the Trustees Icontinuedl
Charity Reglstratlon Number: 1082136
Objeclives and activlties for the public beneflt
The Twstees hold the funds upon Trust for excluslvely charltable objects and general chadtable purpose5
in any part of the world as they see fit.
The TTUStees conslder appllcatlons from grant making charities and voluntary bodies. They also aim to
aSS15t the elderly) chlldren and young people, people with disabilities Iparticularly loss of sightl and
musical/ cultural organlsatlons.
Athlevements and performance
The Trustees made grants to various charities totallin8 £386,00012020- £382,5CK)I during the year.
Flnanclal Performance
The net incoming re50urce5 during the year was a deflclt of E188.58512020- £210.917 deficit). The trustees have
focused on an increase in grants paid on the basls that they were holding an excessive amount of
cash in reserve which has built up over the year5.
The net assets of the Charity as at 5 April 2021 amounted to appioximately £1,607,06712020- £2.155,6521.
The reduction is malnly due to the excessive grant5 pald in the year and the continued wrlte down In the value
of the quarry.
On behalf of the trustees, we have read and approve the Report of the Trustees.
Jonathan Picken
Date
Hazel French
Date
Page 3

MISS KATHLEEN BERYL SLEIGH CHARITABLE TRUST
Balance Sheet at 5 April 2021
2021
2020
FIXED ASSET INVESTMENTS at valuation
limestone at Cauldron Low, Stafford
Interest in quarry adjolnlne Cauldron Low
2,500,OW.00
15,000.00
3,500,￿o.00
15,000.00
2,515,000.00
11,08(1.000.001
2,515,000.00
(720,000.001
Wrlte down in value
1,435,000.00
1,795,000.00
CURRENT ASSET5
Cash held at William Sturges LLP
Desi8nated deposit
Client accoLJnt
177,887.45
2,500.00
180,387.45
369,292.27
369,292.27
Less.. Creditors
William Stur8e5 LLP feè51181191
Willlam 5turges LLP fees1191201
William Sturges LLP fees1201211
john Chivers Commercial Ltd fee5
Tittensor and Co Ltd fees1181191
Tlttensor and Co Ltd fees1191201
Tittensor and Co Ltd fees1201211
Donation to Long Ditton Village Hall
13,000.001
13,000.001
14,8QD.001
11,920.001
11,200.001
1720.001
1720.001
1900.001
12,500.001
170,267.45
360.652.27
NET ASSETS
1,605,267.45
2,155,652.27
UNRESTRICTED FUNDS
1,605,267.45
2,155,652.27
On behalf of the trustees, we have read and approve these accounts.
Jonathan Picken
Date
I¥ IL laL(
Hazel French
Date
lty 11 2oLI
Page 4

Miss Kathleen Beryl Sleigh Charitable Trust
Statement of Financial Activitie5
For the Year ended 5 Aprll 2021
2021
2020
INCOMING RESOURCES
Rental income recelved
202,720.00
175,206.56
Llcence to assign refund
600.00
Deposit interest- William Sturges LLP
Gr05S
251.18
1,296.36
TOTAL INCOMING RESOURCES
203,571.18
176,502.92
RESOURCES EXPENDED
CHARITABLE EXPENDITURE
Grants pa5d In year
386,000.00
382,500.00
OTHER EXPENDITURE
William Sturges LLP fees
Trust administration 19120
Trust administration 20121
156.00
3,000.L>O
4,800.00
4,956.00
3,000.00
Tlttensor and Co Ltd accountancy fees
Actountancy 19120
Accountancy 20121
180.00
900.00
720.00
John chivers Mineral agent
Annual fee
1,920.00
1,2Crf).00
7,956.00
4,920.00
TOTAL RESOURCES EXPENDED
393.956.00
387,420.00
NET INCOMING RESOURCES
(190,384.821
1210,917.081
TOTAL FUNDS BROUGHT FORWARD
2,155,652.27
2,493,617.25
WRITE DOWN IN VALUE OF QUARRY
(360,000.001
1360.000.001
TOTAL FUNDS CARRIED FORWARD
1.605.267.45
2,155,652.27
Page S

Mlss Kathleen Beryl Slelgh Charliable Trust
Statement of Flnanclal Actlvltles
For the Year ended 5 Aprll 2021
2021
2020
Royal CollÈ8È of Muslc
20,000.
20,DOO.00
Royal College of Church Muslc
20,000.00
20.000.00
RSPB
20.000.00
20,000.00
RNLI
20.OOD.00
20,000.00
RNI8
20.000.00
20,000.00
SafeAnaesthesla Worfdwide
20.000.00
20,000.00
5alvatlon Army
20.000.00
20,WO.00
ght5aver5 Intemational
20,000.00
20.￿0.00
Wetland & WlldllfeTrust Sllmbrldge
20,000.
20.000.00
Buttethy ConseNètlon
20.000.QO
20.000.00
Winchfield Music FestlVBI
20.000.00
English National Opera
20,000.00
20,000.00
Young Classical Arb5tstru5t
20,000.00
20,000.00
Brltlsh Wlreless for the Bllnd Fund
z,000.00
Age UK
15.000.00
Mlnd
15,000.00
Trus5ell Trust
15,000.00
Tèx
20,000.00
20,￿0.C￿}
Refuge
1S,000.(K>
The Beam Foundatton
15.000.(KI
Slght Support Derbyshlre
2.000.00
Vlslon North Sornerset
2.000.00
Compa55 Choir
s.000.00
5.000.00
Swlnfen Telemedicine
5.000.00
Mltrophthalml8 Anophthalmla & Colobona Support
5,000.00
Young and Free
5.000.00
ds In Actlon
5,000.00
West Dean College af Arts & Consèrvatlon
s.000.00

M15s Kathleen Beryl Slelgh Chailtable Trust
Statement of Flnanclal Actlvltles
Forthe Year ended 5 Aprll 2021
2021
2020
Concern W01rd￿de
7.500.00
Positive Pete
5,000.00
Hutthen's CharityTrust
5,000.00
Sinfonla Cymru
5,000.00
Mtssi¢ In Hospltals and CarÈ
s.(x)o.oo
SAIL
5,(X)O.00
Slgnt Concern Worcestershlre
5,000.00
The Tenebrae Cholr
5.000.00
Earth Trust
5,000.00
5,000.OD
Royal Society for Blind Chil￿n
S,(M)O.00
Awardsforyoung Muslclans
5,000.00
Kln8swood Trust
5,000.00
St Mungo's
5.0(K>.00
Leeds Weekend Care A5sociatlon
5.OM.00
Myaware
S.￿0.00
Slghtfor Surrey
5.IX)O.00
Sunny Days Chlldren's Fund
5.000.00
Clgthlng Solutlons for fmsabled People
S,0￿.00
Museum of Royal Worcester
5.OLM).00
Herts & Essex Iwarel ￿marItan$
5.0(YJ.OQ
[￿ttonS Scout Group
2,500.00
Long Ditton Vill3ge Hall Trust
2,$00.00
386.tx)o,00
382.500.00

MISS KATHLEEN BERYL SLEIGH CHARITABLE TRUST
Accounting Policies
1.1 Basls of preparatlon of flnanclal statements
The financial statements have been prepared under the historical cost convention, with the
exception of investments which are included at market value. The financlal statements have been
prepared in accordance with the Statement of Recommended Practice ISORPI.. Accounting and
Reporting by Charitles preparing their accounts in accordance with the Financial Reporting Standard
app5icable in the iJK and Republic of Ireland IFRS1021 issued on 16 July 2014.
The charity constitutes a public benefit entity as defined by FRSIO2.
1.2 Fund accountlng
The Charity maintains a general fund which is unrestricted and 15 available for use at the discretion
of the Trustees in furtherance of the general objectives of the Charity and which have not been
designated for any other purpose.
The Charlty has no restrlcted or designated funds.
1.3 Income
Rental income represents rent from the Charity's interest in the Cauldon Low Limestone quarry
and is based on amounts received during the accounting year. The amount of rent payable is
based on a royalty calculated on the basis of the tonnage sold in the year, less a wayleave rent
payable Sn recognitlon of the fact that the limestone has to be taken acro55 a neighbouring
property and which is also caltulated on the basis of tonnage sold. Guaranteed rental payments
are payable to the Charity each quarter (termed certain rents) based on the output of the quarry
for the previous financial year. In the event that the amounts of cerlain rents received during an
accounting year exceed the net royalty amounts due, such sum (termed a shortfall) is carried
forward, ie. it is not repayable by the Charity. In the event that the amounts of certain rents
received during an accounting year are less than the net royalty amounts due, such sum, after
deduction of any cumulative shortfall brought forward, is payable to the Charlty- At 31 March
2021 the shortfall amounted to £149,803131 March 2020- £264,6031
All deposit income is recognised on a receipts ba51S
1.4 Expendlture
Expenditure Is recognised where It is more likely than not that there Is a legal or constructive
obligation committing the charlty to pay out resource5 and the amount of the obligation can be
measured with reasonable certaintv.
Charitable activitie5 are those costs wholly for the furtherance of the charity's objectives including
grants and donations.
Other expenditure are those costs incurred in connection with the administration of the Charitv.
1.5 Investments
Investments are stated at market value at the balance sheet date. The quarry was valued on a
desk top basis in August 2018 at £2,500,000. Amortisation is provided so as to write off
the value over the period to the next break clause under the lease in 2026.
Page 6

MISS KATHLEEN BERYL SLEIGH CHARITABLE TRUST
Independent Examlner's Report to the Trustees
Year ended 5 April 2021
I report to the Trustees on the accounts of the Trust (Charlty number 10821361 for the year ended S
April 2021, which are set out on pages 4 to 6.
Responsibilitiès and basls of report
As the charity's trustee5 you are re5pon51ble for the preparatlon of the accounts In accordance with
the requirements of the Charities Act 20111"the Act").
I report in respect of my examination of the Trust's 3ccounts carried out under section 145 of the 2011
Act and in carrylng out my examlnatlon I have followed all the appllcable Direction5 given by the
Charlty Commission under section 14515llbl of the Act.
Independent eMamSner's statement
I have cornpleted my examination. I confirm that no material matters have ¢ome to my attention in
connection with the examination which gives me cause to believe that in any material respect..
i. the accountlng records were not kept In accordance with 5e¢tlon 130 of the Charltles Act; or
2. the accounts did not accord wSth the accountSng records,. or
3. the accounts dld not comply with the appllcable requlrements Con￿rning the form and content of
accounts set out in the Charitles (Accounts and Report51 ReBulat1ons 2008 other than any requirement
that the accounts give a 'true and fair, vlew whlch Is not a matter considered a5 Part of an
independent examination.
I have no concerns and have come across no other matters In connection with the examinatlon to
which attention should be drawn In this repoTt in order to enable a proper understanding of the
accounts to be reached.
Kelly Stevens ACA
Chartered Accountant
Fourwinds
Wengeo Lane
Ware
Herts SG12 OEH
Date..
Page 7