G.E. BESSELL DFM SE￿LEMENT
R•port and FIDan¢lal Stal•m•nts
Y•ar •ndod: 26 March 2020
Charlty no: 1089910

G.E. BESSELL DFM SEThLEMENT
Cont•nts
Report of the Trustee8
Independent Examlners report
Receipts and Payments Account
Statement of Assets and Llabllltles

G.E. BESSELL DFM sE￿LEmENT
Report of th• tru8tee8 for th• year endod 25 March 2025
The trultees submlt their annual report and th8 financlal staternents for Ihe year ended 25 March
2025.
The ch¥ity * congtltuted as a trust and is gov•med by a deed of settlément dated 25 fvlarch 1997.
Refemnce and admlnlstratlva d•t•ll$ of th• charfty, Its trust•88 and advlsor8
Tre tru8teos who held offtce during Ihe p¢iiod were as foll0b￿.
Mr St8phen Colo
Mr Poter Colè
Mr8 Chartotte Loui3e Bl8hop
The prlnclpal addra$$ of Ihe charity is:
Tralalgar HDUg8
Nelson Slreet
South8nd*on-Sga
Essex
SS11EF
Durlftg the year, th• charKy u•ed the fdlowlng prof918bnal advls•rs:
T01h￿r$t Fhher
Trafalqar House
N818on Street
Southendthsoa
E$$ox
SS11EF
Rlckard Lud<ln Llmltod
19 Clfftown Road
Soulh8ndwon-S
Essex
SS1 1AB
Sti(xtur•. gov•manc• and manag•m•nt
Tho deed of ￿tt￿ment provldo8 lor a mlnlmum 012 trusts••. V*Jhere there Is a foqulroment for new
tru$t¢es, th•8e would be Identmed and appolnted by the exl8tln9 tru8lé83. Th• existing trustèeg would
b8 r•8pon•iblg frir th• Inductlon of trusleg1.
The trustees regularly revlaw the rlsk¥ thai the Charlty f8ces. These malnty ralalè Io knv8Stment
manag8m8nl and the$e havo been feduced by dlvar8ified portfolio manag8ment. The tru$teeg ara
a130 aware of th8 risks as￿lated wllh making donat¢ons and tharelore they ravthv tho s￿ndin￿
progranwnes ol the bonefaclor8.
ObJ•¢tlvM *nd aedvltl••
Ils oblectlves are to act as a grant maklng charity for Ihe RAF Be￿v0[anI Fund. Great Ormond Str8et
Childran$ Hospilal, South East Essex Christian Hospire (Havens Hospices), St. Joseph's Hospice
Hackney London and the Brftish Red Cros$.
The Iru*ees have con•ldered the Gharty C(Thxml•slon guldance on publk benefft and aTe 8alhfied
that the Tru8t'¥ a¢llvltles meet the prln¢iples lald oul In Ihat guidance.

G.E. BESSELL DFM 8ETfLeMENT
Report of thè tru8t•e¥ for tho year ended 25 March 2026 conL
Achlevemant8 and p•rfomian¢•
Flnanclal revlgw
The charty 6 investments are $utyect to daily flUctUat￿n$ in thé stock market. Durfng th• year, the
trustees in conjunction wrth their advi88r8 mada changes to thè Invaslment portfdio whrch ore
rellected In the d8tail8 of non-monetary ass•ts and liabilities
Some of the income from li8ted
invo$lmenl818 automatThlly roinvested and Is therèfore not rafieded in the r¢Geipts and payments
account.
tnMte98 aim to malntaln B Iwal of r•swv88 In ordèr to gonwat• #uff￿lent Income and growlh to
make $ub8ianlial but dlscretlonary payments to e8ch of the organ18atlon8 Ilsled above. Whilst tha
truste•8 have not 80t 8 8po¢rflc levél of re8erve8, Ihoy con8lder the ¢wrerbt le￿16 to be r•a•onable.
Plans for fu￿r• p•rlod8
The plam for the lorthcoming ponodg are to Impr￿ th• capltal POBltlon of Ihe ¢harity, whll8t ffiaklrvJ
donations to tho organWat￿ns li8ted abov8 and Monit￿ing Iho porfoTmanc• of th￿ organlsatlon• to
n$ura approprfaté Sp￿ding programm68 ar• In place.
Th18
he Tru•t•eu on
Tr

G.E. BESSELL DFM 8ETfLEMENT
Indopandent •xamln•r• report to the Trusts
I report on the account8 of the charty for the year ended 25 March 2025 whlch compnBe the
Receipi8 and Payments account and Statement of Asset8 and Liabilitiej.
R•*p•ctlv? r••ponslblllllo8 of truste￿ and •xamln•r
Th8 chkn's trustee8 are ￿$￿Alib￿ for th• woparation of th• Aecount8 In •eeordAne• v*th
Iho requirnmw)ts of the Ch*ities A¢1 2011 ('thg Act.). The charity's trustees consider that an
audit18 not required for this year under Jectlon 144(2) of the Act that an indopendent
examination 18 needed.
It IJ my respon8lblllty to:
exwnlne ttro aceounts undor $ectlon 145 01 tha Chariti68 Act,.
to folow thg procedLw•$ lald dfAwn In the G•n•ral Dlre¢lon• gI￿n by Charfy
Comml$8lon under section 145(5){b) of Ihe 2011 A¢i', and
to 8taté wh8thw partlcular matt•rn have com• to my 8tt•ntlon.
Ba813 of Ind•pond•nt •x•mln•f• •tat•fft•nt
Aarnimtitsn wo8 ￿rri•d out In a¢cord&ne• wilh Geneol Dir•ctionJ glv8n by th• Charlty
Comml¥slon. An oxamlnation Includes a review of the accounting records kept by the Charlty
and a comparison of the aKounts pr•8ented wlth thom records.
It al80 kncludej
con8ld¥ratlon of ￿Y unusual tterns or d18cloJure¥ kn the aGcounts, and seeklng explanatThis
frorn Ihe tru8teo8 ¢onGemlng any such matter8. The procedures undertaken do not provklo
am the evidence that would be fequlred In an audit. and consequently Tho opinion18 glven 89 to
whether the ac¢ount8 present a 'true and fair vl8w' and the report is Ilmit￿ to those m•ttfjrs
••t oth in the •tatemont below.
Ind•pond•nt •Mmln•rf• •lat•m•nt
In the courno of my examlrballon. no m•tt•r ha8 come to my attontion whkh glv•8 me
r•8￿nabl• cau$• to belièv• that In any matorlal respeet..
accounting w•ro nol kept in a¢cordanGe wlth 8¢rtknn 130 d the ChaAtleB
th• a￿Unts do nol aeeord wlth th• a¢countlng rocoTd•.
I have n¢ concerns and have com6 •cros# no other matters In conn￿li0n wllh the
examlnatton to Ylhich attenllon Dhould b• drawn In ordw to enable a proper under&tsndlrvJ of
Ihe accounts to be reached.
Jamle Nlce ACA
Rickard Luckin Llmlted
19 Ctifftown Road
Southend-on-sea
E88OX
SS1 1AB
Date..

G.E. BESSÉLL DFM SErrLEMENT
Roc01pts and Paymenls account for the year onded 25 March 2025
2026
2024
G•lpts."
DMdend8
Interest
Donatioiis
26.928.77
3,814.87
26,502.09
1.831.01
21.23
30.74144
28.354.33
Proc•ed8 from sale ol Investments
78.278.10
39,814.25
Total raGelpts
109,021.54
68.168.58
Payrn•nts:
Legal Fe01
Accounlancy F8e8
Co$t of purchases of knvestmonts
Managem•nt fees
DOr￿tIOrI0
900.00
720.00
41,468.83
7,565.95
80,000.00
900.00
714.00
69.934.38
7.036,38
40.000.00
Total paymgnt•
110,854.78
118,584.74
Net re¢￿p151(payments)
(1,633.24)
(50.416.18)
Cash fund8 blhvd
27.908.57
78,322.73
Cash fvnd4 olfwd
26,273.33
27,908.57

G.E. 8E8SELL DFM SErrLEMENT
Statsment ol A88ets and Llabllltles a8 at 25 March 2025
2026
2024
M¢)netary a•s•t•:
TSB deposit aGcount
Cash on dep08it- JM Flnn & Co
Income account- JM Finn & Co
8,183.07
9,314.71
8,775.$5
9.803.07
981.10
17,122.40
26.273.33
27,906.57
Non4lon•tary a•••t• and Ilablllll•B:
Inv••thi•nts
Unltod lQngd¢m Trea8Ury
Unlted Kingdom Treasury 4 5%
CG Portfollo Fund PLC- The Dollar D Inc
SVS Church Hou89 Inv Grade
M&G So¢urllies Corporate Bond
Mercantll8 Investment Tru81
Murray Income Tru8t
Flnsbury Growth & Incomo Tw
Law Debenture Corp
ArtemlJ- UK Speclal Sltuatlon8 Fund
North Atlan SM CO
Findlay Amancal USD InG
Blackrock Fund Managarn
Henderson- European Capltal Grobylh Fund
Abordeen New Indla Inv Trust
Paclft Hodzon Inv88trnent Trust
JPMorgan Japan88e Inve8tmenl Tru
Templeton Emerging Markets Invegtmenl Trust
Herald Investment Tru8t
Forelgn & Col Investment TN
Monk• Inve8tmenl Trust
Alliance Trust Ordlnary
Mid Wnd Intem Invest
M&G Securities Ltd Global Dividend
Blackrock Wlld Mlning Tru?t
Gr¢en¢¢ot UK Vrflnd
Caledonia Inve•lment? Ord
Aberdeen Diver8if18(I Inc & Glh
Personal Assels Tru81
35.014.35
35,588.35
47,214.90
38,727.50
45.227.00
81,550.00
70,891),00
53,040.00
89.800.00
107,241.20
31,280.00
88,704.44
53,062,24
66,576.00
30,685 71
47,882.00
38,920.00
48,488.00
78,225.00
70,550.00
51.360.00
78.600.00
94.806,80
30.600.00
89.787 28
52,978.24
63.456.00
25,600.00
34.380.00
35.165.00
38,200.IJO
31,575.00
79,440.00
56,500.00
61,400 00
28.985.00
46,989.00
12,21600
22,916 00
32,700 00
15.752 00
59.750 00
35,70Q.00
37.895.00
43.650.C(I
31.200.CQ
56.000.00
61.100.00
80,300.00
28,180.00
52.747.50
11,880.00
19,040,00
37,600.00
63,000.00
1.380.208.48
1,353,887.03

G.E. BESSELL DFM SETTLEMENT
ststemont of Assets and Llabllltle8 a8 at 26 March 2026 ConL
Ll•bllllle•
Accountancy fees
Legal Fe88
720
860