(I'iA/l I
.'IIy IY
REGISTERED CHARrrY NUMBER: 1092431
RepoRT OF THE TrUSTEE8 ANO
AUDITED FINANCIAL STATEMEin FOR THE YEAR ENOED 5 APRIL 2024
FOR
TME MYRISTICA TRiIST
Xeinadln Audlt Umlted
<ststutory Audttty)
Court House
Court Road
Brtdgend
CF311BE

THE MYRISTICA TRusr
coKrENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Pago
Report af th• Trust
1 to 4
R•port of the Ind•p¢nd¢ntAudltors
Slatomenl of Financlal A¢llvlll
Balan￿ Sheot
Ca•h Flow Stat•m•nt
10
Noi•5 to the Cash Flow Stat•m•nt
11
Not•s to the Flnan¢ial Stat•mant•
12 b 17

THE MYRISTICA TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED S APRIL 2024
The trustees present Ihelr reF*)rt vllh the ffinancial statements of Ihe charity ff* the year end•d 5 April 2024.
The trustees have ad¢pl8d the provisions ol Acccwnung and Repoiting by Charltie8.' Stsiemenl of
Recommended Pradlce appllcable lo charities preparing Iheir ac£ounls in accordance viih the Flnancial
Reporting Standard 8ppliGable in the UK and Republlc of Iréland (FRS 102) (effeclfve 1 January 20191
08JEcllvES AND ACTMnES
Oble¢llv¢s and alms
The objects of the Tn￿1 are lo provido SUPPOrt for the ry6vwllon and rèlief of poverty, tha advancement of
education. haaiih, the saving of lives, community d8velopmenl, arts, culture, s￿nCe. amateur sport,
environmental protectlon and Improvern8nL animal weKare. the reN•f of Ihose In need and the promollon of
Ihe effidency ofthe rescue and ambulance wvices.
The trustees contlmi that they have referred to the guidance contslned In the Chadty Comrnisslon's general
guidancé on publlc benefft when reviewlng tha Trusts alms and objecti'ves and pjannlng fijlure 8¢tlvilies and
s8ttlng tha gift maklng poiky for Ihe year.
The Trust Carrles out ih8sa obk¢ts by supportlng oryonlsalions whlGh the Truelèes consldèr to b8 of public
brfil Ihomsfjlves and merit Iha SUPFAJt of tho ¢harfty.
Glft maklng poll¢y •nd artl¥lty
The Charlty does not invite appllcalions for fLmdlng. The TFUSte8s ￿e1ve Illerature from other reglster6d
¢herlUes and good causes and have mel on fouroccaskjns duflng the year.
An inlarlm legacy from Iho Estate ol Mary Dlna RlchJrds {'Dina'l was rulvÈd In June 2023. At thew June
megling the truste￿ dKlded lo make three donaltons of £1LKI.QOO Immediately to C8r(Ilff UnNersity for
Duncan Baird's résearch, RNLI Bomardo's. Cowbrfdge. The r8m8lnlng legRcy wa8 deposlled whilst the
trustees con8id8red furth8rth8 Charity's gift making pjllcy.
At Iheif meeling In October the twstee8 agreed to distribute the legacy lo ¢h8riJe3 p8rticu18rly supported by
Dina Rlchards subjeGI to relalnlng reserves of £100,000 dudng Iho gfft makjng prcce58. The tsuslees
identlfied funding propos818 from Cardlff Unive￿Ity, RNLI aff￿ Bamardo'8 as worthy of supwl.
In Decomber the tfUStees concluded that th• chafity would support Ca￿lff Unlversity wlih £1.000,000 lor rmne
PhD SIL￿Ont8 over 8 three year period Gommencing In October 2024 and idenufied CAFODS w¢)rk In GAZA
and Ukraine for Immedlale support. A8 8 r6sull £WJ,000 was paid (M account to Cardny Unlvor¥lty and
£20D.rJJo ￿ CAFOD In January 2024.
Al thelr January 2024 meetlng the Iruslges agreed lo prov¢de Bamaftdo's with £1.262.728 for four Idenllle
projects and made an Inttial donalfon ol £68.0￿ for 'A Tlme for Chgnge,. Furlher re¢iplents were Identsfiod
wlh glfts of £1.2 mlllion for RNLI. and £100,000 for ea¢h of Ar Ambulance Wale5, Cats Pfolectlon, Guide
009s for thfr Bnnd and Ty H81an planned for June 2024.
ACHIEVEMENT AND PERFORMANCE
Fundralslng actlvltlos
The Charity received Sncom8 of£5,188,023 {2023.. £2.0441 from 8 legacy and bank Interèst.
A slngle18gacy of £5,oao,ooo wa8 Ye￿Ived a? an Inlerirn payment from ihe E8t8te of D5na Richards.
The Irusle85 have teen notified thot the full residual lega¢y b8que8thed lo th8 chaflty Ss In ts fegion of £9
million, but that Iha admin1strali￿ has not yet completed and the remainder of th8 legacy connot yèt be
quantlf18d.
The charfty made donaUons lo olher ¢harilles during thè year of £1,O58,IX￿l {2023.' nll).
The Trustees are satisfied the year end positlon 8ftd have transfgrred the nel surplus of £4.107.091
(2023", defiril £5,462) to the Charity's un￿￿cted resewves.

THE MYRISTICA TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
FINANCIAL REVIEW
Invastment powers. pollcy and perfornianc•
The Trustees have powers lo dèposil or Irwesl funds in any lawful mannor bul lo invest only afterobtsining
advice from a financial ￿Pert and having regard lo the suilabillty of Snveslments and Ihe need for
dlversificallon. The Trustees have powers io delegale lh8 management of inveslments to financlal exp*ts.
The Trusiees reviewed Ih85r investrnenl policy stalémenl and 115 Invèslrnenl oble¢liv8s end phllosophy in
October 2023. In consfderabon of the charity's grant making ubjeclivès, Ihe Trust88s de¢lde# lo hold the
funds in a cash deKosft accounl. The charivs Investment advlsors had advised Ihe liuslees thal 11 Is not
appro￿late to place investments when there i& a timescale for perfoTmance of18$5 than five years. A5 the
Trustsgs expect lo dislfibute all lunds in a shorter timescale. the advlsers recommende(f Ihe trustees to hold
the fvnds In hlgh Inler8st cash acrounts.
The charlV8 fvnds were held In Interest b@aring deposit eccounts at the yearend.
Ro5grves policy
The Truslees have made a decislon to distrlbute the fvll legacy from Dlnè Richards, Estatè to Ih6 charfilteg
particularly supported by Mrs Richard8 depending upon neod and lo wind up the charily wlthin years of
calving the balan￿ of the legacy.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governln9 document
Th8 ¢harity Is ￿nt￿lled by its goveming document, a daed oltru5t and ¢on8tilutes an unlncorpDrat8d charity.
Re¢rultmonl and appolntm•nt of new tru$t•è8
Undèr Ihe te(m5 of tho Tfust I)eed a Trustee may be appolnted at any lim8 so thal the total number of
Trustaes shall at no lime exceed ￿K. A TruyAee nwy be appointed or discharged by a re801ution of a meellkvJ
of the Trusiees.
ganlsatlonal $tructuro
The tnjslees have no specific funcllon apart from Iho fact that Ihey are lo ensure th8 well balng Of t
charitys buslness and to Condu￿ conslltullonal matters.
Relatad parties
One of Iha Trustees, Miss Slan L Willia￿, Is o consullant to the firm Geldards LLP who are the charlty's
sollcrtors.
Another Twstse, Anne Taylor, Is a Partner In the lirm of Geklards LLP.
Rl6k nMnag•mnt
Tho Iru5tees have a duty lo Identify and wlew the rf8ks lo whfch the charity is exposed and to ansure
appfoMale conlrolB are in place lo provide reasonable assurance against (raud and 8fror.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charlty numbor
1092431
Prlnclpal address
Clo Geldards LLP
4 Capitsl Quarter
Tyndall Streg1
Cardlff
CF10 46Z

THE MYRISTICA TRUST
REPORT OF THE TRUSTEES
FI)R THE YEAR ENDED 5 APRIL2024
Trusts•8
Mlss S L Wil￿3M$
RFKing
Mrs A C Taylor
Auditors
Xelnadin Audlt Limllad
Islatulory Audltorl
Caurt Houso
Court Road
Brldgend
CF311BE
Soll¢ltorn
Geldards LLP,
4 Capltal Quartgr
Tyndall Street
Card￿f
CF10 48Z
Coutt8 & Co.,
3rd Floor,
One Kingsway.
Cardlff,
CF10 3AQ
STATEMENT OF TRUSTEES, RESPONSIBILITIES
Tha trustees are r8sponslble for preparin9 the Report of thè Trustees and th8 nnancial stslemnts In
accordance applkable law and Unlted Klngdom Accountin9 Standards {Unlted Klngdom Generally
Acceplad Aettjunllng Pracuce).
The law appll¢8ble to charitles in England and Wales, tho Chariues Acl 2011, Charity (AcLounts and Rep¢Jrtsl
Regulations 2008 and the provisions of the Iwst daed roquires Ihe trustees lo prepare flnancial slalemenls
each finan¢i81 year which give a and falr vlew ol Ihe stale of affalrs of the charity and of the incoming
resources and applicalion of reS￿r¢eS, Including lh6 Income and expendilurg, of the ¢harity fcr that p¢rlod.
In preparing those financial statements, tho trustee$ aro required to
select sultable accounting policles and th8n apply Ihern CLMSiStenUy:
obsgTve the method5 and princlples in tha c￿rfty SORP,.
m8ke judgements and estlmates Ihat ore reasonable and pNden(
state whether applicable acLoUnt￿ slandgrdg have been folltyvfrd. ￿bI￿1 to any malerlal departures
dlsclosed and eyplained In the financlal staternenls..
prepare th8 financ181 $1?lem8nls on the going concwn bas18 unl8s8 il Is Inappropriat8 to presume that tha
Gh8rity will canttnua In buslnes&
The In￿leeS are responslble lor keeping proper accountlng records which di￿rOse with r&%onabl8 8c¢uracy
al any limè thé financial position ol the ¢harity and lo enable them lo ensure that Ihe financial slat*nents
ccmpty wilh Ihe Charities Acl 2011, thè Charfty (Accourtls and Reports) Regulatlons 2008 and Ihe provislong
of the Iru51 deed, They are also responsible lor safeguarding thè assets ol Ihe tharfty and hence lor laklng
reasonable steps for Ihe preventlon and dete￿￿n offraud and olher Irregularille5.

ThE IAYRISTICA TRUST
REPORT OF THE TRUSTEES
FOR7HE YEAR ENDED 5 APRIL 2024
13 Th25
Approved by wler of the b08rd of trustees on............................................. ¥nd Signed on Its behalf by..
Iss S L Willlams. TA￿tee

REPORT OF THE INDEPENDENT AUDITORSTO THE TRUSTEES OF
THE MYRISTICA TRUST
Oplnion
WÈ have audited the financlal statements of The Myrislica Trust Ith&'chariV> for the year ended 5 April 2024
whlch comprise the Slalement of Financial AGtlvities. the Balance Sheal. the Cash Flow Sialement and notes
to the finandal statemants. including 3 summary of signlficant 8ccounting policies. The financial reportlng
framework that has beon appiled w) Iheir preparatiori Is 8ppllcable law and United Klngdom k¢ounling
Standards {Unitod Klngdtxn Generalw A¢cWed Accounting PradicAI,
In our opinion th8 financial ststem￿lS.
give a Irue and faif view of Ihe slatè ol Ihe charlty's 8ffaifS as al S Aprfl 2024 and ol Ils incoming resources
and applicallon of resources, for the year ihw) ended.,
have been properly prepared in accoTdan¢e wilh United Klngdun Gen8rally Attepled Ac¢Dunling Praclice.,
and
have been prepared in acc￿dance vAth the rnqulr¢menls of the Charflies Act 2011.
Basls for oplnlon
We conducted our audit In accordance wlth Inlemalional Standar(18 on Audltlng (UK) {ISAB (UKI) and
appllcabie law. Our responslblities urKler Ihose stsndards are further describ8d In Ihe Audltors,
responsibilities lor the audil of the finandal stalemenls wtion of our r¢port. We are Independeni of Ihe
charity in accordance wilh the ethical requlremenls that are rdevant to our audlt of the finandal stalemenls in
the UK, Includlng tha FRC'S Eihlcal Standard, and we have fuffilled our other 8Lhlc81 respDnslbKtties In
accordance with these requiomenls. We belleve that the audlt ￿Idence we have obialwd Is suffiaenl and
apwowlgt$ to provlde a bass for our oplnion.
Concluslons rel•ting to goln9 concern
In audlling tha ffinan¢ial stalemants, wg have concluded that Iha Iru$l8es' use of the golng ¢on¢em basss of
atxounling In the preparallon of Ihe financlal slalements Is appropriate.
Based Dn th8 work wa have perf¢ymed, w6 have nol idèntified any mal¢dal uncert8inile$ relah'n9 10 events or
¢Mditfjons that, indlvldually or ¢ollecliv•ly may cast significant doubl on Ihe charity's abillly to con15nue 95 a
gclng concem for a pedod of al loasl months from when the financlal st8iement8 are auihorised f
15sue.
Our re8POD51bili1585 and the rèsponslbS111189 of the trustees wlth roBpecl lo golng C(￿Cern are d8s¢rtbed in Ihe
rélevant gection8 of Ihly report.
Olher Inforniatlon
Th¢ trustees ara re8ponsiblè fcr Ihe olher Informatlon. Th8 othw inlorMa￿0n cornprises the Infomal¢
Induded in th6 Annual ReF<>rL olhar Ihan the flnandal statements and our R¢port of the Indopendenl
Auditors Iher80n.
(￿r ¢)pinion on fftnanclal stslements does not cover the other Infomiallon and, excepl lo tho oxtqnt
otherwiya explkllly slated In our report. we do not express any olassurance Gffjdusion Iher80n.
In c(￿nectIOn with our aLKlIt of the fin8nci81 statements, our responslbility Is to read Ihe olher Infomialion arKI.
in dolng so, consider whether Ihe olher inft)mallon ts mat¢rfally ineA)nsistenl wllh tho financial stsiements or
our kncwledge oblained In tho audit Of otheTh￿se appeats lo be malerialty mi35taled. If we Identify wGh
material inconBistencles or 8ppaTenl malertal misslalemenls. w8 are required lo delemiine whether this glves
¥e lo a malertal mlsstatement in th8 financlal ststémnls Ihem5efve$. If. based the wotk we hava
performed, we Conclude that there is a matèrial misstatement of this ¢)ther Informallon, we ore rg4ulr•d lo
rewrt th* faci, We have noihing to rwfAi in Ihi5 regard.
Matter• on whlch we are requlr•d to rwrt by ¢xcoption
Wg have nothlThJ lo report In ￿SpeCt of the following matters ￿ tha Ch8rili8s (Accounts and Reports)
Regulations 2008 requ1￿ us to report to yi)u if. in our opinion..
Ihtt info￿allOn given in the RepL)rl ol the Truslees is Incons151ent in any material re¥J¢Ct with the flnan¢ial
$tstements' ar
suffl(xenl aCc￿ntIng records have mt been k￿1.. or
the finanaal statwnents pre not In agr8•m8nt with tre a￿Ount]ng Te¢¢xds and r8tums,' or
we have Th)t re¢elved all th@ inlomotion and 8xplanation$ we require for our audit.

REPORT OF THE IMDEPENOENT AUDITORS TQ THE TRUSTEES OF
THE MYRISTICA TRUST
Rèsponslbllitlts of trusle¢$
As expjained morè fijlly In the Ststemenl of Twsle8s' ResponS￿lI111¢s, the tNslees are re5p¢nsible for ihe
prèparitlon of Ihg financial stalemenis which give a irue and falr vitr14, and for such Internal ¢onliol as the
tNslees dete￿nIne 1$ n•tèSS8ry to enab￿ the preparallon of financlal stalemenls that are free from material
n￿$S181eMen1, whdherdue lo fraud or error,
In preparing the finan¢lal sialemenl& the InJsl6és are ie5ponslble for assesslng the ch8riVs ability trj
ojnlinue as a going ¢xin¢&m, disc105in9, a5 appllcable, maiters r8131ed lo golng concem and using Ihe going
concem b8sls of ac£ounling unl8$s the trust￿ etther intend lo Ihjuidale th& charity or lo ceaso operallong.
or have no reall$tfc allemaiive bul to do so.
Our respoD51bllitle8 for tha audit of th• financlal stat•ments
We have been appoinl8d as audilors under Sèciion 144 of tha Charities Act 2011 and report in aceordar
with the A¢1 and re16vanl regulallons made or havlng effect Iheraunder.
Our objectives are lo obtain ieasonabl8 wurance about whether Ihe financlal staternènls as a thole are
free from ma￿131 mlsslalemenl, whether due lo fraud cf er1￿. and to Issu8 a Report ol the Indepandenl
Auditors Ihal Includes our wnion. Reasonable 86suranc8 is a high level of assurance, bul is not a
guaran160 that an audll conducted In acC￿￿ance wlth ISAS IUKI ￿11 always detéct a m818rial mi8$1alemonl
when il exists. Mlsslalemenls can arise from fraud or error and arè con6kl8red m8t8Ti¥I il, Indlvidually or in
the agyregalts, they could reasonably be e¥pecled to influencè the ecwomic dgd8lon$ ol users laken (m the
bas1$ ol these fin8nclal stat￿en1$.
The extent to whrch our procedures are ¢apable of dalec￿TrJ [r￿gularl1{aS, inclurfing fraud b detailed below..
The audit was pl¥nned on the ba81s thal the Ièsiing undertaken and procedures ca￿led out would have a
reasonable expectallon of detectlng any instances of irregularity Including fraud, The plan Involved asse551ng
the rl8k of the finaftclal stalemenls conlainlng ma￿￿al misslalemenls taklng into account various factors
SLKh as the conlrol sysl8m8 in place. the stsndard ol fecord keepln9 arsd an 8s5e&smenl of Ihg influence and
rd8 of the stakeholdèrs invofved. The audll plan was followed and benef￿#d from the audll leams
knowledge ol the client. They ¢onsldgred how fraud may 0￿￿T and whère tho finan¢lal statements may be
Jscepllble lo err¢r.
Sullabl8 transoc11￿ sgmple 18$Ury was ma¢J& on Ihe hlgh ri8k areas ol Ihe financial 8t8lemenls. Enquides
were rnad• of Ihe chaiity tfusle8s For inlomialion and gxplanaUrm$ as requlrÈd dudng Ihe course of the audit
and any wntentious aréas approprlalely chall8n9ed 10 ensure that suffi¢lenl audll evKl6nce was oblained,
The procedures and lesung und8rtaken a¥ a resull of our ri4( assessmenls were deemed sulhcient to
Idenllfy malertal errors for whlch adluslmenl was then made In the financlal slal8ments. Thwe Is h¢yrt8ver no
gu8r8nle¢ that all errofs. in¢ludirKJ those r•l8led lo fraud, would ba idenlifled as part ol tha 8udll.
A further descrfptith) of our responslbilillÉG for the audil of the financlal stat￿nentS is located on thg Flnanclal
Reporting Councll's ￿bSite al vMw.frc.oTg.uklaudllorsrwonsibillifes. Thls descripllon forms part of our
Report of the Independent Auditor$.

REPORT OF THE INDEPENDENT AUDrroRS TO THE TRUSTEES OF
THE MYRISTICA TRUST
of aur r•port
This Teport is made solely lo Ihe charity's Injslees. as a bcdy, In aC(￿dance wlth Part 4 of the ChaflUes
{Actounl$ and Reports) Rwlalions 2008. Our audit work has bean undertaken so that ￿ mlght stsle 19 the
charivs Iruslees ¢h05e matters we are requlred lo stsl6 to them In an auditors, report and for no other
purpose. To fullest èxtenl permitted by law. we do rnt accept or assume ￿Spon￿bIlIty lo anyone cther
Ihan It* tharily and Èhg charitys trustee6 a5 a body. for OLff audit work, for thLs r¢port, or for the opinion8 W¢
have fomied.
Xe*iodin Audit Llmlled
Iststulory Auditor)
Court Ho
Court Road
3ridgend
CF31 1BE
2021

THE MYRISTICA TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2024
2024
Unrestricted
fund
2023
Total
lund5
Notes
INCOME AND ENDOWMENf8 FROM
Donations and legacoes
5,OOQ,000
Investment Income
188,023
2,044
Total
5.188,023
2,044
EXPENomiRE ON
Rai51ng funds
22.932
Charllabl• a¢tlvltl•g
Glfts payablo
1.058.000
Totsl
1,080,932
7,506
INCOMEI{EXPENDrruRE
4,107,091
5,4e2)
RECONCILIATION OF FUND8
Total funds broughi f¢Jward
216,241
221,703
TOTAL FUND8 CARRIED FORWARD
4.323,332
216,241
The notes fomi part oflhese finandal statements

ThE MYRisncA TRUST
BALANCE SHEET
5 APRIL 2024
2024
Unrestricted
funé
2023
Totsl
fvnd8
Notes
CURRENT ASSETS
Debtors
Cash at bank
10
170,209
4,157,688
224,234
4,327.897
224,234
CREDrroRS
Arnounts falling due wlthin on8 year
11
{4,5651
17,g931
NEf CURRENT ASSETS
4,323,332
216,241
TOTAL AsseT8 LESS CURREKr
LIABILITIES
4,323,332
218,241
218,241
NET ASSETS
4,323,332
FUNDS
Unrestrlcl8d fiJnd$
12
4.323,332
21e,241
TOTAL FUNDS
4,323,332
216,241
¢ial slatemenl$ Were approved by Ihe Board of Tru8iee$ and aulhorisod for Issue on
.. 1¢ L J.. and w8re signed on Its b8half by..
S L Willlams- Trustee
A C Taylor- Tmstee
Th8 notes fL¥m part ofth85e flnancAal siatements

THE MYRISTICA TRUST
CASH FLOW STATEMEKr
FOR ThE YEAR ENOED S APRIL 2024
2024
2023
Notes
Cash flows from op•ratlng actlvllles
Cash generated fram operations
3,745.431
(3.332)
N•t cash provided byl(used in} operating actlviti8S
3,745,431
13,332)
Cash from Inv•stlng activltl¢s
Irrtgresl recaved
188.023
Nat cash provlded by Investing 8Ctlvltles
188,023
2,044
Change In cash and c8$h •qulvalents
In th• rèportlng perlod
C•8h and cash equivalonts at the
beginnlng ofthe reporting perlod
3,933,4
(12881
224,234
225,522
Cash and cash •qulvalanlg atth• and
of the r•pgrting perlod
4.157.688
224,234
Thè n¢Xos f¢)rm part of these financlal staloments
-10-

THE MYRISTICA TRUST
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED S APRIL 2024
RECONCIUATION OF MEf INCOMEIIEXPENDITUFIEI TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net In¢omell•xponditsrel for tho r•portlng porfod {as pèrtha
Statemont of Financlal Actlvltlesl
Adjugtrnènts for:
Interest recelvod
Increase in dablor$
{Oe¢rea58Yin(Trase In ¢x8dllors
Nat caoh rxovided byllus￿ In) operatlons
4.107.091
{5.462)
(188.023)
1170,209)
(3.4281
(2.OM)
4,174
3,745,431
13,332)
ANALYSIS OF CHANGES IN NET FUNDS
Al8.4.23
Cash tknv
At 6.4.24
Ngt cash
Cash at bank
224.234
3,933,454
4,157,688
224,234
3.933,454
4,1 S7,688
Total
224,234
3,933,464
4,157.888
The not8s form part of these financial statsmont5
-11-

THE MYRISTICA TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR T￿E YEAR ENDeD S APRIL 2024
ACCOUNTING POUCIES
Basls of preparfng the flnancial statements
The financial statements of lh8 chaTIty, which 15 a publlc benefft entity under FRS 102. have been
prgpared in accordance wllh tho Charities SORP (FRS 1021 'A¢¢ounting 8ntJ Reporting by Chariues;
Statement of Re¢ommended Praclice applicable lo thariltes preparfng Ihelr accounts In acc(¥danc8
viih the Financial Reporttng Stsndard appllcable in thè UK and Republ1¢ oi Ireland (FRS 102)
leffeclive 1 January 2019}', FIT)ancial Reporting Siandard 702 The Financlal Reporting Standard
applicabEe In the UK and R8publl¢ oi Ireland. and the Charilles Ad 2011. The finan¢ial stalemènis
have been prepare(i under the hislortcal cost convention.
Incom¢
All income 1$ reco9nised in Ihe Sialemenl of Flnanci81 Aetivllles ¢)nce the thadty has eniitlemenl lo Iha
funds,11 Is prob8ble that Ihe Inwme wlll be rewved and thè amount be m88surgd rvllably.
Exp8ndlturo
Llabillitos are recognlsèd as expenditu￿ as soon as there Is a legal or eonslruclive obllgatKin
committing th8 charity lo Ihai 8xpendllura, il 15 probable thai a transfer ol economlc benefit$ will be
r¢qurred In S￿￿ement 8lMI thè arnounl ol Ihe obNg#iion can be measured reliably. Expendllure Is
8ccounled for an aCcn￿lS bas*s and has b•8n clas3lfled under headlngs that 8ggregale all cost
r8laled lo the category. Where CO$ls cannol be dlredy attributed lo particular headlngs they hava
been allocaied lo activliies on a basis consislenl with Ihe use of fesoureès.
Grants offered subj4¢1 to corKllllons ¥thl¢h have not beon m•1 al the ye8r end date are notad as a
L￿MmItMen1 bul not acfflied as expéndllure.
Allocaiion and apportlonmont of costs
All costs are 811oealed lo the one a¢llvity of Ihg charlty-
Taxation
charfty Is exempt fr(Jm tax on Sts charflable actlvities.
Fund acc+)untlng
Unreslrict8tl fvnds can b8 used in 8c£ordance wlth th8 th8rit8ble objacllv88 al thè dlscralion cf th8
trustees,
Restrlcted funds can only be vsed for part￿Ular restrkt•d purposes wilhln Ihe objects of the charity.
Résirklions arfse when specified by th# donor or when funds ar8 rnised lor particular r•strlcted
PUfPOSeS.
Further ewanaticffl of the nature arKI purpose of each fund Is Induded In the notes lo Ihe flnancial
slalements.
Forelgn currenclgs
Assets and liabiltlies in lorelgn Cufrencfes ale Iranslaled Into slerllng &t thé rates of exchonga ruling at
the balance sheet dale. Transactions in foreiw currencies are rranslaled Into slerlllig al the rale of
exchange rulin9 al the dale of Iran$￿tiOn. Exchang¢ dlfferen¢es are lak8n into accounl In 8ryiving al
Ihe operatin9 result.
Fixed asset Invèstmenls
Investrnenls are included al closing mid.market valug at tho balance $heet date. Any gain or los$ on
revaluotlon 18 tsken to the Slalemenl of Financial ActNlttes.
-12-
continued...

THE MYRISTICA TRUST
NOTES TO THE FINANCIAL STATEMENTS . ¢ontlnued
FOR THE YEAR ENDED 5 APRIL 2024
DONATIONS AND LEGACIES
2024
2023
Lagacies
s.0)0.￿0
INVESTMEpif INCOME
2024
2023
Interesl ￿¢81v￿1
188,023
2.044
RAISING FUNDS
Ralslng donatlom and Iwcles
2024
2023
Support costs
72,932
CHARITABLE ACTMTIES cosrs
Grant
fundlng of
gotlvlties
(see not
6)
Gltts payable
1,058,OC
G114NTS PAYABLE
2024
2023
Gifts payable
The total grants pald to institutions durfng the yearwas E4S
fdlows..
1.058,000
2024
2023
Bamados
RNU
Cardiff University for Duncan Balrd's ￿ear¢h
Cardiff University first part ol fundlng for nine phD students three of
whom lo be rln*fenc¢d for Duncan BaSrd's researoh.
CAFOD for wot* In Gaza and Ukraln8
8amardos fundlng for'A Time for Chang8. project
100.000
100.000
100.000
500,000
200.0(W)
68,000
1,058,000
-13-
continued...

THE MYRISTICA TRUST
NOTES TO THE FINANCIAL STATEMENTS- conllnuéd
FOR THE YEAR ENDED 5 APRIL 2024
SUPPORT COSTS
Costs
Ral$ing donatlons and legad8S
22.932
Support cost4 Included in tha above, erg as fdlows..
Gov•rnan¢• costs
2024
Ralslng
2023
and
garyes
Total
a(*vkle8
Audttors, remun8ratl+Jn
A¢¢ounlancy
Leg81 fe85
Bank Charges
3,000
400
19.166
366
2.760
250
4.496
22.932
7,506
TRUSTEES. REMUNERATION AND BENEFITS
Théra were no tNslee$' ramunwa￿n or other bèneffts for the year ended 5 WI 2024 nor for the year
eNlad 5 April 2023.
Tru6tse$' •xp8ns•8
TN$lees' were paid expens85 of £nil (2023.. £nll}for the year énded 5 April 2024.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unres1ric￿l
fund
INCOME AND ENDOMIENTS FROM
Inv•stmenl Income
EXPENDtTURE ON
Oihor
7.9)8
NET INCOMeiiEXPENDITURE
(6,462)
RECONCILIATtON OF FUNDS
Totsl fun¢ts brought forward
221,703
TOTAL FUNDS CARRIED FORWARD
216,241
-14-
contlnued,,.

THE MYRISTICA TRUST
NOTES TO THE FINANCIAL STATEMENTS . conlinu
FOR THE YEAR E14DED S APRIL 2024
10. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2024
Pr8paymants and aouued Income
170,209
11. CREDITORS: AMOUNTS FALLING OUE WITHIN ONE YEAR
2024
2023
Other credltgrs
4.565
7,993
12. MOVEMENT IN FUNDS
movement
In funds
At 6.4.23
5.4.24
Unr•stri¢tsd ￿nd1
GengT81 fund
216,241
4,107,091
4,323,332
TOTAL FUNI
216,241
4,107,091
4,323,332
Nat moveM￿rt kn funds, Included in the abov8 are as follows:
In￿rnIng
r8sourc8s
Res￿rCaS
oxpendod
Movement
In fijnds
Unre8trieltd funds
Gan8ral fvnd
5,188,023 11,080,932) 4.107,091
TOTAL FUNDS
6,188,023
11.080.932)
4.107,091
Comparntl￿8 for movement In funds
Net
movernenl
In funds
At
6.4.23
Al 6.4.22
UDre51rfctod funds
General fvnd
221.703
{5.4621
218,241
TOTAL FLINDS
221,703
15,4621
216,241
-1
Cr￿llnued...

THE hfffiisTICA TRUST
NOTes TO THE FINANCIAL STATEMETrifs. contlnued
FOR THE YEAR ENDED 5 APRIL 2024
11 MOVEMETrif IN FUNDS- contlnu•d
Comparative nel movem￿1 in funds, included in tho above ara 85 fvNows.'
In¢omin9
rasourtss
Resources
expended
Movement
In funds
Unrostrlcted funds
General fijnd
(7,5061
{5,462)
TOTAL FUNDS
2,044
(7,5081
15,462)
A current year 12 months and pr(oryeor 12 months comblned posltl¢)n18 88 louovts:
Net
movement
In fundA
At
5.4.24
At 8.4.22
Unr•$trl¢ted fvnd•
General fund
221,703
4,101.629
4.323,332
TOTAL FUND8
221,703
4.101,629
4,323.332
A CLwrent ye8r 12 mc*iths and pdor yaar 12 months cornblnad n81 movement in funds, I￿u48d in the
abov8 are as faNow5'.
Incomlng
resour￿8
ResoLrnS Movement
oxponded
In fvnds
Unrestrlct•d fund•
G8nèral fund
5,190,087 (1.088.438)
4,101,629
TOTAL FUNDS
5.190,067 (1,088,438) 4,101,629
13. RELATED PARTY DISCLOSURE3
Miss S L Wtlliam8,18 8 conwltsnl in the flrm of Geldarts LLP who a￿ Ihe charttys sollcitors.
Mrs A C Taylor, is a Partner in Ihe flrm of Geldards LLP who are th8 charivs 8011cilors.
Durfng tho year Geldards LLP provlded legal serylc8s lo the tharlty on nomial ccKllmerci81 term8 89
lollows..
. Management and admlnistration inclU￿Ve Lif VAT £19,166 12023.. £4.4961,
- Ai the year £1,165 (2023.. £2,404). irthsive of VAT. w8s due by lh8 charlty to Geldards.
-16-
ontinued...

THE MYRISTICA TRUST
NOTES TO THE FINANCIAL STATEMENTS • eontinuod
FOR THE YEAR ENDED 5 APRIL 2024
I& ULTIMATE CONTROLLING PARTY
The tharity 15 controlled by ivs trusiee8.
-17-