Docusign Envelope 10." 069DDD50-C1324EDC-8A￿sDDo27Cl8sE0
Charity number: 1091230
THE PETER TOWNSEND CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Gsf.1&Co
Gijfrjn 8roiYC. Mosc¥op & Co
100 YEARS

Ooeusign Envelope ID.. L￿9DDD51kC1324EDC-8A6￿DD027C185E0
THE PETER TOWNSEND CHARITABLE TRUST
CONTENTS
Page
Reference and administrative details of the Charity, its Trustees and advisers
Trustees. report
Independent examlnerfs report
Statement of flnancial activities
Balance sheet
Notes to the Ilnanclal statements
9-15
Griffin stone Moscrop & Co

DOcuS￿n Envelope ID." 069DDDS0-C1324EDC-8A6&50t)027C185EO
THE PETER TOWNSEND CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE OETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees
Aleksandra Boleslawska. Chair
Graeme Toms. Treasurer
Charity registered
number
1091230
Principal office
38 Sterling Gardens
New Cross
London
SE14 6DZ
Accountants
Griffin Stone Moscrop & Co
Chartered Accountants
21-27 Lamb's Conduii Street
London
WC1N 3GS
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Griffin Stone Moscrop & Co

DOcuS￿n Envelope ID.. 069DDD50-C1324EDC4A6&5DD027C185EO
THE PETER TOWNSEND CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their annual report together wilh the financial statements of the Charity for the 1 January
2023 to 31 December 2023.
Objectlves and activities
a. Policies and objectives
The objective is to select organisations which are already involved assisting particular species and then to offer
them grants subject lo conditions. The chartty will invest most of the funds it has to create income from which
grants can be made. If an organisation can demonstrate a grant has been put to go¢xI use then a further grant
will be offered.
In setting objecttves and planning for acttvitres, the Trustees have given due consideration to general guidance
published by the Charty Commission relating to publrc benefit, including the guidance 'Public benefit.. running a
charty (PB21'.
b. Strategles for achieving objectives
The trustees, strategy is to assist existing organisations helping particular species in specrfic locations where the
species in question are known to live and to build ongoing relationships wrth the organisations. Further the
charity will strive in future years to build a presence and draw attention to the plight of the specific endangered
and critically endangered species it supports.
¢. Activities undertaken to achieve objectives
The main activty of the trust is to make grants to organisations assisting endangered and crttically endangered
species.
d. Main activities undertaken to further the Charity's purposes for the public benefrt
The purpose of the charity is the conservation of endangered and critically endangered species and this is
generally recognised as being of public benefrt.
Achievements and perfomiance
. Key perfonnance indlcators
The Trustees retsive updates from the organization they have made Grant5 to which indicate efforts they are
making are successful. The Trustees view is that this is not a guarantee but it is encouraging and so that
OTganizalion merits further support.
b. Review of activities
The Trustees made a Grant to the Marmot Recovery Foundalion. Also, they agreed in principle to make a Grant
to Kakapo Recovery in 2024. They have looked at potentially making Grants to other organisations supporting
endangered species.
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O￿lE￿ED1£((￿wTS{ft￿TERE￿￿JThlaps

Docusign Erivelope ID.. 069DDD50-C1324EDC-8A634DD027C185EO
THE PETER TOWNSEND CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED>
FOR THE YEAR ENDED 31 DECEMBER 2023
Flnancial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonabte expeclation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial statements.
b. Reserves policy
Charity funds are held on reserve in the charity bank account. Most of these funds will be invesled to create
income from which grants can be made and with a view to capital growth over time. The charty will invest 95Q/o
or more of the funds available. Some cash will always be held in the bank account to meet any current
administrative costs the charrty has and to ensure grants can be made rf there is an urgent need to do so at any
point. The proportion of cash held at the bank in the future should be between 1 and 5% of the assets of the
charity.
At least once a year the trustees will review the amount of reserves that are needed to ensure the trust can
continue to make grants and function on a day to day basis.
Structure. governance and management
a. Constitution
The Peter Townsend Charitable Trust is a registered charty, number 1091230. and is constr(uted under a Trust
deed. The principal objed of the charty is to provide grants to organisations involved with the conservation and
recovery of endangered and crilicalty endangered species of animals.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibilty of the Trustees who are elected and ¢o-OPled under the
terms of the Trust deed.
Organisational structure and decision-making policies
Aleksandra Boleslawska is the chairperson of the charity and Graeme Torns is the treasurer. Decisions can only
be taken by the trustees unanimously.
d. Policies adopted forthe induction and training of Trustees
New trustees are provided with ¢¢)pies of the governing document, the trust deed and the policres of the charity
to read through. If a new trustee has not previously been a trustee then the general responsibilities of being a
trustee will be explained to a new trustee ty the current trustees
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Griffin Stone Moscrop & Co

Docusign Envelope ID.. (￿9DDDSQ-c1324EDC-8A6￿SDD027Cl85E0
THE PETER TOWNSEND CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Structure, governance and management (continued)
e. Financial risk management
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related lo the
operations and finances of the Charty, and are satisfied that systems and procedures are in place to mitigale
exposure to the major risks.
The trustees hope to minimise risk by having a written agreement in place with any organisation a grant is given
to and only by operating in pla¢es which they consider to be stable financially and politically. There is always a
risk that a species they aim to assist may not recover and they will aclNely look for other species that the trust
could potentially assist.
Plans forfuture periods
The Trustees intend to continue to support the Marmot Recovery Foundation. Also, they will make a grant to
Kakapo R8covery during 2024 and provided it is put to good use intend to continue to support that organisation.
They are considering making further Grants to other organisations but are conscious of also trying to preserve
the capital of the Trust.
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DOcuS￿n Envelope ID.. 069DD05QkC1324EDC4A6>5Dtrf127C185EO
THE PETER TOWNSEND CHARITABLE TRUST
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Statement of Trustees. responsibilities
The Truslees are responsible for preparing the Trustees. report and the financial statements in accordance wrth
applicable law and United Kingdom Accounting Standards {Uniied Kingdom Generally Accepted Arxounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial slalements for
each financial which gThie a true and fair view of the state of affairs of Ihe Charity and of its incoming resources
and application of resources, including its income and expendrture, for that period. In preparing these financial
statemenls, the Trustees are required to..
select suitable accounting policies and then apply them consistently..
observe Ihe melhods and principles of the Charities SORP (FRS 102}'.
make judgments and accounting estimates that are reasonable and prudent-
stale whether applicable UK Accounting Standards {FRS 102) have been followed. subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity
and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the Chanty and hence for laking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members of the board of Trustees on 24 May 2024 and swned on their behaw by..
ALthL tss
Graeme Toms
Treasurer
Aleksandra Boleslawska
Chair
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Oocusign Envelope ID: IJS9DDD51>C1324EDG-8A6>5DtX)27C185EO
THE PETER TOWNSEND CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 OECEMBER 2023
Independent examinerfs report to the Trustees of The Peter Townsend Charitable Trust I'the
Charity'l
report to the charity Trustees on my examination of the accounts of the Charily for the year ended 31
December 2023.
Responsibilities and basis of report
As the Trustees of the Chairty you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 ('the 2011 Act,).
I report in respect of my examination of the Charitys accounts carrred out under section 145 of the 2011 Act and
in carrying out my examination I have foll¢Jwed the applicable Directions given by the Charity Commission under
section 145(51(b) of the 2011 Act.
Independent examinerfs statement
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and
Reporting by Charrties.. Statement of Recommended Practice applicable to chartties preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 in
preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April
2005 which is referred to in the extant regulations bul has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in accordance with
the Generally Accepted Accounting Pra￿1￿ effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Charty as ￿quired by section 130 of the 2011 Act- or
the accounts do not accord with those records., or
the account5 do not comply wrlh the applicable requirements concerning the fomi and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not 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 lo be reached.
This report is made solely lo the Charity's Trustees. as a body, in accordance with Part 4 of the Charities
(Account5 and Reports) Regulations 2008. My work has been undertaken so that I might state to the Chartty's
Trustees those matters l am required to state to them in an Sndependent examiner's report and for no other
purpose. To the fullest extent permttted by law, I do not accept or assume responsibilty lo anyone other than the
Charity and the Charrty's Trustees as a body. for my work or for this report.
Signed..
Dated. 28 May 2024
ACA
Robert Smrth
Griffin Stone Moscrop & Co
Chartered Accounlanls
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Do¢uStgn Envelope ID: 0690DD5(kC1324EDC-8A63-5DDtY27C185EO
THE PETER TOWNSEND CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Note
Income from:
Investments
63,582
63,582
38. 630
Total income
63,582
63,582
38, 630
Expenditure on:
Charitable actNities
19.525
19.525
Ig,064
Totsl expendlture
19,525
19,525
19,064
Net income before net losses on investments
Net losses on investments
44.057
127,901
44,057
{27,901)
19.566
(224.496)
Net movement in funds
16,156
16,156
(204,930)
Reconciliation of funds:
Total funds brought forward
Nel movement in funds
1.739,101
16,156
1,739,101
16,156
1.944, 031
(204, 930)
Total funds carried forward
1,755,257
1.755,257
1, 739. 101
The Statemenl of financial actNities includes all gains and losses recognised in the year.
The notes on pages 9 to 15 fomi part of these financial statements.
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Docusign Envelope ID". 069DOD50-G1324EDC-8A63-5DD027C185EO
THE PETER TOWNSEND CHARITABLE TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note
Ftxed assets
Investments
6.316
1, 159. 785
6,316
1, 159, 785
Current assets
Cash at bank and in hand
1,750,941
581,116
1,750,941
581,116
Creditors= amounts falling due wrthin one
year
(2,000)
(1,800)
Net current assets
1,748,941
579,316
Total assets less current liabilities
1,755.257
1,739. 101
Total net assets
1,755.2S7
1.739. 101
Charity funds
Restrided funds
Unrestricted funds
11
11
1.755.257
1.739. 101
Total funds
1.755,257
1.739. 101
The financial statement5 were approvgj and authorised for issue by the Trustees on 24 May 2024 and signed on
Iheir behalf by..
IILLLsrtthtx b&LstAwsL
Ltss
Aleksandra Boleslawska
Chair
Graeme Toms
Treasurer
The notes on pages 9 to 15 form part of these financial statements.
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Doousign Envelope ID.. 069DD0￿cl324EDC4A￿SDDo27Cl85E0
THE PETER TOWNSEND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
General information
The Peter Townsend Charitable Trust is a registered charrty with the Charity Commission for England &
Wales Icharty number.. 1091230). The principal office address can be found on the referen￿ and
administrative detsils page.
Accounting policies
2.1 Basis of preparation of flnanclal statements
The financial statements have been prepared in accordance with the Chaflties SORP IFRS 1021
Accounting and Reporting by CharAies.' Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fairf view and have departed from
the Charities (Accounts and Reports} Regulations 2008 only to the extent required to provide a 'true
and fair, view. This departure has involved following th8 Charrties SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities.. Slalement of Recommended
Practice effective from 1 April 2005 which has Sin￿ been wrthdrawn.
The Peter Townsend Charitable TTUSt meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are inttially recognised at historical cosl or transaction value unless otherwise
stated in the relevant a¢¢ounting policy.
2.2 Income
All income is recognised once the Charity has entitlement to the income, it Is probable that the
income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
2.3 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party. it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activrty. The costs
of each activity are made up of the total of direct costs and shared costs. including support costs
involved in undertaking each activty. Direct costs attributable to a single activity are allocated directly
to that activity.
Expendtture on charitable activities is incurred on directly undertaking the activities which further the
Charty's objectives. as ￿￿11 as any associated support costs.
Grants payable are tharged in the year vthen the offer is made except in those cases where the offer
is condilional. such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to condttions which have not been met at the year end are noted as a
commitmenl. but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
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Docusign Erwelope10.. ￿9DDDS0-cl324EDuAO￿DD027Cl85E0
THE PETER TOWNSEND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies (continued)
2.4 Invèstments
Ftxed asset investments are a fomi of financial instrument and are initialty recognised at their
transaction cost and subsequently measured at fair value at the Balance sheet date. unless the value
cannot be measured reliably in which case it is measured at cost less impairment. Investment gains
and losses, whether realised or unrealised, are combined and presented as 'Gainsl{Lossesl on
investments, in the Stalemenl of financial activrties.
2.5 Cash at bank and in hand
Cash at bank and in hand includes cash and short-tem highly liquid investments with a short maturity
of three months or less from the date of acquistiron or opening of the deposit or similar account.
2.6 Liabilitles and provisions
Liabilities are recognised when there is an obligation at the Balance sheet dale as a resuft of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabiltties are recognised at the amount that the Charty anticipates it will pay to settle the debt or Ihe
amount it has re￿iVed as advanced payments for the g(x)ds or servi￿$ rt must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligalion. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate thal reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Ststement of financiai activities as a finance cost.
2.7 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised al transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amort15ed cost using the effective interest method.
2.8 Fund accounting
General fvnds are unrestrrcted funds wh￿h are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charrty and which have not been designated for other
purpos8S.
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Docusign Envelope ID.. 069DDD50-C1324ED&8A6&5DD027C185EO
THE PETER TOWNSEND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Investment income
Unrestricted
funds
2023
Total
funds
2023
Income from listed investments
63,582
63,582
Total 2023
63.582
63.582
Unrestricled
funds
2022
Total
funds
2022
Income from listed investments
38, 630
38,630
Total 2022
38,630
38.630
Analysis of grants
Grants to
Institutions
2023
Total
funds
2023
Grant to Marmot Recovery
5,000
5.000
Total 2023
5,000
5,000
Grants to
Institutions
2022
Total
funds
2022
Grant to Mamiot Recovery
Tolal 2022
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Docusign Envelope ID.. 069DDD50-C1324EDC-8A6>50D027C185EO
THE PETER TOWNSEND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Anatysis of expenditure by activities
Grant
funding of
actlvltles
2023
Support
costs
2023
Tolal
funds
2023
Charitable activities
5,000
14,525
19,525
Total 2023
5,000
14,525
19,525
Grant
funding ol
activities
2022
Support
costs
2022
Total
funds
2022
Charitable activities
5.000
14.064
19,064
Tolal 2022
5,000
14,064
19.064
Analysls of support costs
Total
funds
2023
Total
funds
2022
Bank charges
Accountancy fees
Investment manager fee5
101
2.000
12,424
107
1.800
12, 157
Total 2023
14,525
14,064
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Do¢uSign Envelope ID.. (I89DDD51PC1324EDC4A6>5DD027C18￿0
THE PETER TOWNSEND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Independent examinerfs remuneration
2023
2022
Fees payable to the Charity's independent examiner for the independent
examination of the Charitys annual accounts
2.000
Trustees. remuneration and expenses
During the year, no Trustees recewed any femuneration or other benefrts (2022- £NIL).
During the year ended 31 December 2023. no Trustee expenses have been incurred (2022 - £NIL).
Fixed asset investments
Listed
investments
Cost or valuation
At 1 January 2023
Additions
Disposals
Revaluations
1,159,785
29,494
11,218,810)
35.847
At 31 December 2023
6.316
Net book value
At 31 December 2023
6,316
At 31 De￿rnber 2022
1, 159, 785
Creditors: Amounts falling due within one year
2023
2022
Accruals
2.000
1.800
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Docusign Envelope ID.. 069DDD50-C1324EDC-8A6>5DD027C185EO
THE PETER TOWNSEND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
10.
Financial instruments
2023
2022
Financial assets
Financial assets measured at fair value through income and expendrture
1,750,941
581. 116
Financial assets measured at fair value Ihrough income and expenditure comprise cash al bank and held
by the investment manager.
11. Statement of funds
Statement of funds - current year
Balance at
31
Gainsl December
{Lossesl
2023
Balance at 1
January
2023
Income Expenditurè
Unrestricted funds
General Funds
1,739,101
63,582
119,5251
(27.901) 1,755,257
Statement of funds - prior year
Balance al
31
D8cembei
2022
Balance al
1 January
2022
Gainsj
(Losses)
InGome Expenditure
Unrestrlcted funds
General Funds
1,944,031
38, 630
(19,064)
(224,496) 1, 739,101
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Docusign Envelope ID: (*9DDD51kC1324EDC4A63-5DtXJ27C185EO
THE PETER TOWNSEND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
12. Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted
funds
2023
Total
funds
2023
Fixed asset investments
Current assets
Creditors due wrthin one year
6,316
1,750,941
(2,000)
6,316
1,750,941
(2,0001
Total
1.755,257
1.755,257
Analysis of net assets between funds - prior year
Unrestricted
funds
2022
Total
funds
2022
Fixed asset investments
Current assets
Creditors due within one year
1, 159, 785
581,116
(1,800)
1, 15g, 785
581, 116
(1,800)
Total
1,739, 101
1.739, 701
13. Related party transactions
The Charity has not entered into any related party tranSa￿￿n during the year, nor are there any
outstanding balan￿S owing between related parties and the Charity at 31 December 2023.
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