REGISTERED CHABITY NUMBER: 1093523
Report of the Trustses and
Unaudlted Fln4ncial Ststements
for tbe Yegr Ended 30th June 2024
for
The Burford Trust
Streets Dyke Ruscoe Ltd
110 Corve Street
Ludlow
sF￿0PS￿￿E
SY8 IDJ

The Burford Trust
Contents of the FknanciAi Statements
for the Yeir Ended 30th June 2024
P4%¢
Report ofthe Trn8tses
I to 3
Independent Examlner'8 Report
ststement of Fln*nci41 Actlvltles
BAJance Sheet
Notss to the Flnandal StAtem?nts
7 to 12
Detatied Ststement of FlnanelAI Actlvltles
13 to 14

Tho Burford Trust
Report of the Trustw4
for the Year Ended 30th June 2024
The ttustees present their report with the flnancial stalements of the clwity ftir the year ended 30th Jutte 2024. The
trusfr¢s have adopted the provisions of Accounting attd Reporting by Charities: Staletllent of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and R¢pubiiG of Ir¢land (FRS 102) (effective l January 2019).
Objectives and aims
The objectives of the Burford Trnst are tr) apply the inGome of the to Such chaTXti¢s aud ¢haritable purposes and in
8uch shpres ￿ the tnjstees in their absolute discretion slLail decide.
Publlc beneflt
The trustees eonfirn th4t they have referred to the guidance outlined in the Charity Commissioners general guidance on
the public benefit when reviewing the Trusts aims and objectives in setting out the ty making policy for the year.The
trustees consider the charity to be a publi¢ benefit entity.
Grydntmaklng
Currently the policy of the tswtees is to make grartts to local, national and international charities which are involved in
Medi￿ and Ganc¢T we, animal care and from time lo time loc81 charities covering specific local needs.
Grants were made during th¢ year amounting to £105,750 (2023: £22,000)
The ttustee's consider on an annual b￿lS new applications forgrants along with annuaj regular payments.
ACHIEVEMENT AND PERFORMANCE
Achievements
Achievements durin8 the year w¢r¢ promoting and ￿ndIng local charities ftir the benefit of the local community.
The wider benefits to society as a whol¢ have been donations to national charities to assist with medical re8¢4￿h and
supporL
FINAL¥C￿L REVIEW
Financlal position
There was no donations and legacies (2023: nil) rcceived during this &c￿Unting year.
tnvestment incotne during the year under review amountcd to £100,788 (2023: £95,276).
Total funds of the Tn￿t at 30 June 2024 We￿ £4.497,343 (2023.. £4,458,102).
After tak￿8 iiito a¢￿Unt b)th ReaIised and Unr¢alis¢d Gains the Capitsl Fund within the unrestricted ￿nd amounted to
£4J91,844 (2023.. £4,338,331).
PrincipAI funding source
The Trusts charitable activities ar¢ funded from income generated from the Capital Fund which is a d¢si8nat¢d fund
within the unrestrickd funds.The funds of the Charity are from donations and the legacy of one beThefactor.
The truste&s are also ¢mpwer¢d in their absolute discretion to distribute such of the c￿lta1 of the Thlst Fund as is
deemed ne¢￿Sary and desirnble, in the same temis as the income, less expen8es ofth¢ Th￿t.
At the p￿sent time the policy of the tru8t¢& is not to diminish the ￿pits1 of the fund, but to U5¢ th¢ net incom¢ after
expenses in its ent[￿ty for charitable purposes.
InYes(ment policy And objectives
Th¢ trustees with the ￿SiStance of the investment advisors clos¢ly monitor the perforniance of the investments which are
mainly in shares in quoted public wmpallies. The primary aim of the investments is to produce an income whilst
minimising invesknent risk.
Page I

The Burford Trnst
Report of the Trnsteo%
for the Year Ended 30th June 2024
FtNANCIAL REVIEW
Reserves policy
There is no restricted fund. The trustees hold a designated capilal fund witlLin the unrestricted fimd. Inv¢5knellt income
generated by the capitsl fund is held in ¢&sh to distribut¢ as grallt& the trustees illt¢ntion is that there should always be
sufficient calh to pay one yeavs grants.
Going Concern
The tnjstees are of the opinion that the charity is a going concern giv¢n the substantial resources compared to minimal
liabiliti¢s.
STRUCTURE, GOVERIYANCE AND MAI¥AGEMENr
Governing documellt
The Burford Trust is & registered charity No. 1093523 and was ¢on5tituted by & Declaration of Ttilst dated 25 June
2002.
The trust deed stst¢s that th¢rc shall b¢ at I¢￿t two ordinary meeting each year &nd applications for grants are
nsidered at these meetings.
Recruitment and appolntment of new trustses
Trustees are recNited by existing ttusÉ¢es aft¢r having taken into consideration any skills gap identified within the
trustee body and considering those who, by virtue of their personal or profegsional qualifiGalion8, are able to make a
contribution to the objects or the mllnagement of the Charity.
Oryanlsatlonal Structure
The day to day management of the charty is by the six tru5tee8.
Th¢ management of the illveslments as indicated in the investment policy and objectives is d¢legated to the ¢lwity8
invesknent advi5017.
REFERENCE AND ADMTMSTRATIVE DETAILS
Registered Charity number
1093523
Prfnclpal Address
clo Streets Dyke Ru5¢0¢ Ltd
38 Teme Street
Tenbury Wells
Woreestershire
WR15
Trust
Mrs S E Bishop
MrGVLGrnnt
MrAJDale
Mrs E K Padwi¢k
Mr J L W Grant (appointed 10.10.23)
Miss A R Waits (&ppointsd 10.10.23)
The land and propty owned by the Trnst is held by the tnISt￿, ag named nomin¢e8.
Independent Examlner
S C Davies
Str¢ets Dyk¢ Ruscoe Ltd
110 Corve Street
Ludlow
SHROPSHtRE
SY8 IDJ
Pag¢ 2

The Burford Trust
Report of the Trustees
for the Year Ended 30th June 2024
REFERENCE AND ADMtNISTRATIVE DETAILS
Solicitors
No]TiS and Miles
6 Market Square
Tenbury Wells
Worcestershire
WR15 8BW
Investment advisers
EFG Harris Allday
Beech House
Anchornge Avenue
Shrewsbury Business Park
Shrewsbury
SY2 6FG
Bgnkers
TSB Bank plc
71 Teme Street
Tenbury Wells
Worcestershire
WR15 8AQ
Approved by order of the board of trustees on ....l.8...m.tr.th....2.OFI?.... and signed on its behalf by..
MrAJ
Trustee
Page 3

Independent Ex8miner's Report to the Trnstees of
Tbe Burford Trust
Independent exajniner'y report to the trustees of The Burford Trust
I report t() the charity tswstees on my examination of the accounts of The Burford Trust (the Ttwst) fr>r the year ended
30th June 2024.
H￿ponSIbl11t1es and basls of report
As the charity trustees of the Ttust you are reswnsible for the preparation of the accounts in accordance with thc
requirements of the Charities Act 2011 (Ihe Act,).
I repx)rt in respect of my emination of the Trusvs &counts carried out under S¢dion 145 of the Art and in carying out
my examination I have followed all applicable Directions given by the Chwity Commission und¢r Section 145(5Xb) of
the Act.
Independent uaminer's ststement
I have completed my examination. I confm that no material matters have com¢ to my attention in wnnection with the
examin&tioll giving m¢ ￿v5¢ to b¢li¢ve that in any material resp￿t.
accounting records were not kept in respect of the Trust as rcquir¢d by S￿tion 130 of th¢ A¢t' or
the wcounts do not accord with thos¢ records" or
the accounts do not comply with the applicable ￿quIrementS concerning the forni and content of accounts Set out
in the Charities (Accourtts and Reports) Regulations 2008 other than any ￿quIrernent that thc accounts give
tTh¢ and faTr vi¢w which is not a matt¢r considered Hs part of an independent examination.
I have no conccms and have come across no other matters in connection with the examination to which attention should
be drawn in ihis report in order to enable a proper understanding of the accounts to b¢ reaehed.
S C Davies
Streets Dyke Ruscoe Ltd
110 cO￿e Street
Ludlow
SHROPSHtRE
SY8 IDJ
Date:..ia....m.￿.th.. 20.2.&...
Page 4

The Bvrford Trust
Statement of Financial Activities
for the Year Ended 30th June 2024
2024
Totsi
fimds
2023
TotsI
fim(L4
Unrestricted
fund
Restricted
fiuLd
Notes
INCOME AND ENDOWMKNTS FROM
Other trading activities
Investjnent income
4,945
100.788
4,945
100,788
11,850
95.276
Tot&l
I05,733
105,733
107,126
EXPENDITURE ON
Raising finds
17,338
17.338
20,055
Charitable 4ctivities
fvt ftmding &ctivities
Governance Costs
105.750
6,067
105,750
6,067
22,000
5,375
TotAI
129,155
129,155
47,430
Net gaIn￿(lOSsa8) on investments
62.663
62,663
(53.649)
NET INCOME
39241
39,241
6,047
RECONCILIATION OF FUNDS
Totsl funds brought forward
4,458,102
4,458,102
4,452,055
TOTAL FUNDS CARRIED FORWARD
4,497,343
4,497,343
4,458,102
The notss forni part of th¢5¢ financial statements
Page 5

The Burford Trust
BalAnee Sheet
30th June 2024
2024
Totat
fijnds
2023
Toial
Utwestricted
fund
Restricted
fund
Notes
F￿LD A&SETS
Investments
tnvestments
Inv¢strnent pJY)pety
io
li
2,359,844
2,032,000
2,359,844
2,032,000
2,306,331
2,032,0(X)
4,391,844
4,391,844
4,338,331
CURRENT ASSETS
Prepayments and acaued income
Cash at bank
883
115,187
883
115,187
2,387
124.834
116,070
116,070
127221
CREDITORS
Amounts f￿ling due within one year
12
(10.571)
(10,571)
(7,450)
NET CURRENf ASSETS
105,499
105,499
119,771
TOTAL ASSETS LESS CURRENT
LIABILETIES
4,497,343
4,497,343
4,458,102
IYET ASSETS
4,497,343
4,497,343
4,458,102
13
Un￿striCted fill￿8
4,497,343
4,458,102
TOTAL FUNDS
4,497,343
4,458.I02
The fllwicial stslements were approved by the Board of Th￿tee5 and authorised for issue
..i.%....marob...A.o.as.... gnd were signed on its behaIf by:
on
A J D￿e. TnL8tee
Mrs S E Bishop- TnLqtee
Mrs E KPRdwick- T
Th¢ notes forni part of th¢s¢ fuwicial 8tatements
Page 6

The Burford Trust
Notes to the Financial Statements
for the Year Ended 30th June 2024
AcCOuNT￿G POLICIES
Basis of preparing the finaDeig1 statements
The fmancial statetnents of the charity, whith is a public benefit entity under FRS 102, have been prepared i
accordance with the Charities SORP (FRS 102) 'Accounling and Reporting by Chwities: Statement of
Recommended Practice applicable to chariti¢s preparing their a¢wunls in accordance with the Financial
Reporting Standard applicable in thc UK and Republi¢ of I￿land (FRS 102) (effective l Janu8ry 2019),.
Financial Reporting standa￿ 102 'The Financial Rewrting Standard applicable in the UK and Republic of
Ir¢land' and the Charities Act 2011. The financiat statements have been prepared under the historical cost
conventio￿ with the ¢￿￿tIOn of tnvestments which are inGluded at mad(el value.
Eneome
All income is recognised in the Ststement of Financial Activities once the charity has entitlement to the funds. it
is probable that the inwme will b¢ r¢¢eived and the 8mounl can be measured reliably.
Expendlture
Li&biliti¢s are recO￿ls¢d as expenditu￿ os soon as there is a legal or constructive obligation wmmitting the
charity to that ¢xpenditure, it is probable that & transfer of economic benefits will be required in Settlement and
the amount of the obligation can be me&8wed reliably. Expenditur¢ is ￿cOUnted for on an accruals b8sis and has
been cl&8sifi¢d under headings that aggregat¢ all cost related to the category. Where costs cannot be directly
attributed lo particular headings they have been allocatsd to ￿tIVItieS on a basls consislenl with the us¢ of
resources.
Grants offered subje¢t to conditions which have not been met at the year end date are noted ￿ 8 Commitment but
nol accrued ￿ expenditure.
AIIocAtlon and apportlonment of costs
The allocation of support costs is 8naly5¢d in note 7 to the a￿Ounts.
Investment property
Investment propety is thowi at the most ree¢nt professional valuation dated March 2015. The tsuslees ¢onsider
that there has been no maloriai change to that valuation.
Listed inve8tmenls v￿ued At the market value at the year end date. Any aggre8ate surplus or deficit arising
from chan8¢8 in the market value is transf¢Thed to the Stthment of Financial Activities and reflected in rAet
gain&Qosses in investm¢nts.
TAxatlon
The ¢harity is exempt from tsx on its ehaTitsble activiti&8.
Fund accountlng
Unrestii¢led ftmds can be used in ac£ordance with the charitabl¢ Objectiv￿ at the discretion of the trustees.
There att no restricted funds.
Bank and egsh in hand
Cash at bank and in hand is held to m¢¢t the day to day running costs of the charity &$ they fall due. Cash
equivalents are short lerni, highly liquid investments, usually in instant access interest b¢arin8 savin8s accounts.
Creditors
Creditors are 8mounts owed by the charity. They are measured at the mount that the Charity expects to hav¢ to
pay to settle the debt.
Continu￿..

The Burford Trust
Notss to the Fin#neial Statements- continued
for the Year Ended 311th June 2024
OTHER TRADING ACfIVITIES
2024
2023
Other income
Grasskeep
45
4,900
7.450
4.400
4,945
11.850
INVESTMEL¥T ￿COmE
2024
2023
Other fixed asset itLvest- FI[
Deposit account interest
99,840
948
94,729
547
100,788
95,276
RAISING FUNDS
Other trading activities
2024
2023
Grasykeep commission
489
597
nvestment mAn8gement costs
2024
2023
Portfolio mana8ern￿t
Propcty repairs
16,849
17J28
2,130
16,849
19,458
Aggregate amounts
17,338
20,055
CHARITABLE AcfivTfIES COSTS
fjjnding of
activities
(sec note
Support
sts (see
note 7)
6)
Tolals
Grant fimding activitie8
Govemattce costs
105,750
105,750
6,067
6,067
105.750
6,067
111.817
Pw8
conttnued...

The Burford Tn￿t
Notes to the FinAneial Stst¢ments- continued
for the YeAr Ended 30th June 2024
GRANTS PAYABLE
2024
2023
Grant fijnding activiti¢S
105,750
22,000
All ￿antS paid during 2024 and 2023 were to charitable organisation5 with a broad analysis of beneficiary types
a5 follows:
2024
2023
Advancement of health and welfare or saving of lives
Advancement of religion
Advancement of human rights. equojity and diversity
Emergency services
Advancement of ¢itizKnship or community development
Anima] welfare
Advancement of education
Support of &rn]ed forces of the Cm
Prevention or relt¢f of poverty
Advan¢¢ment of the 8rts, culture. heritage or science
Relief of those in ne¢d by reason of youth, disability or other disadvRntsge
Giftg forthe benefit of a particular locality
32,500
6,000
3,000
4,500
1,000
2,500
2,000
500
9,000
1,000
l9.500
24,250
1.000
10.000
1.000
500
9.500
Total grants authorised in th¢ year
105,750
22.000
SUPPORT COSTS
Governance
Costs
Managemenl
Totsis
Governance costs
1,291
3,872
gJ4
6,067
Other c08ts ¢onsisl of independent examination fees of £1581 (2023.. £2,437) and ￿countancY fees of £1,291
(2023.. £1,219).
TRUSTEES, ￿E1￿U￿ERl4TI0N AND BENEFITS
During the year, Mr A J Dale has been paid £875 (2023.. £525) for adminlstration 8ervi¢es,
No fees are paid to the trustees for nomial trustees dutie5.
Trust¢es' expenses
Dwing the year, expenses in¢urred wholly and exclusively for the trust of £29 (2023: £11) were incurred by, and
reimbursod to Mr A J Dale,
Page 9
tinU￿...

The Burford Trust
Notes to the FinAnci81 Statements- continued
for the Year Ended 30th June 2024
COMPA114TIVES FOR THE STATEMELYf OF FINANCIAL Ac[Iv￿[£s
Unrestricted
fund
R¢strithd
nd
Total
funds
COME AND ENI)OWMEiYfs FROM
Othertrnding activities
tnvestment income
11,850
95,276
11,850
95,276
Total
107,126
107,126
EXPENDITURE ON
Raislng funds
20,055
20,055
Chllritsble Activldes
Grant funding activities
Governance costs
22,000
5,375
22,000
5,375
Totsl
47,430
47,430
Net gainsl(losses) on inve8tmenl8
{53.649)
(53,649)
NET INCOME
6,047
6,047
RECONCILIATION OF FUNDS
Totsl funds brought forward
4,452,055
4,452,055
TOTAL FUNDS CARRIED FORWARD
4,458,102
4,458,102
10. FIXED ASSET INVESTMENrs
Listed
investtnents
At 1st July 2023
Additions
Disposals
Revaluations
2,306,331
8.617
(26,604)
71,500
At 301h June 2024
2J59,844
NET BOOK VALUE
At 30th June 2024
2J59,844
At 30th June 2023
2J06,331
Included in inv¢sknents Overs￿ invested fimdg:
2024
2023
223,748
213,505
Page 10
continued...

The Burford Tnut
Notss to the Financial Ststements - continued
for the Year Ended 30th June 2024
INVESTfvtENf PROPERTY
FAIR VALUE
At Isl July 2023
and 30th June 2024
2,032,otH)
LYET BOOK VALUE
At 30th June 2024
2,032,000
At 30th June 2023
2,032.000
The investment property relates lo land donated to the charity through the legacy of the sol¢ benefactor. Th¢
value repr¢s¢nts the probate valuation as reflected on the benefactors Inheritance Tax return. The land will be let
under licence weements for the foreseeable future.
12.
CREDrtORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditord
10,571
7,450
13.
MOVEME￿ IN FUNDS
Net
mov¢m¢nt
in ￿Thd5
At
30.6.24
At 1.7.23
Unrestrlcted funds
General fund
4,458,102
39,241
4,497,343
TOTAL FUYDS
4,458.102
39,241
4,497,343
Net movement in fjjnds, included in the above are ￿ follows..
Incoming
r¢sourGes
Resources
expended
Gains and
Ios8es
Movement
in fjjnds
Unrestrleted thn(ts
General fund
105,733
(129,155)
62,663
39,241
TOTAL FUNDS
105,733
(129,155)
62,663
39,241
Comp*r8tfves for movement In thnds
Net
mov¢m¢nt
in fundq
At
30.6.23
At 1.7.22
Unrestrlcted funds
General fund
4,452,055
6,047
4,458,102
TOTAL FUNDS
4,452,055
6,047
4,458,102
Pagell
continu¢d...

The Burford Trust
Notss to the FinanciAI Statements- continued
for the Year Ended 30th June 2024
13.
MOVEMENT IN FUIYDS- continued
Comparative net movement in funds, included in the above are as follows..
Ineoming
resources
Resources
expended
Gains and
losses
Movement
in fi￿dS
UnrL8trieted funds
General fund
107,126
(47,430}
(53.649)
6,047
TOTAL FUNDS
107.126
(47,430)
(53,649)
6,047
A current year 12 months and prior y¢ar 12 months combined position is as follows:
Net
movement
in ￿ndS
At
30.6.24
At 1.7.22
Unre8trlctsd funds
General fund
4,452,055
45288
4,497,343
TOTAL FUNDS
4,452,055
45,288
4,497,343
A cunEnt year 12 months and prior year 12 months ¢ombin¢d net movement io funds. included in the above
as follows..
Incoming
resou￿e$
Resources
expend¢d
Gpins and
losse8
Movement
in fvnds
Unrestricted funds
General fund
212,859
(176,585)
9,014
45,288
TOTAL FUNDS
212,859
(176585)
9,014
45,288
14.
RELATED PARTY DISCLOSURES
There We￿ no related paty transactions for the year ended 30th June 2024.
15.
GOING CONCERN
The trustees consider that there are no material uncertainties aix)ut th¢ ¢harity's ability to wntinue and the
fjnancial statements have therefore been pr¢par¢d on the going concern basis.
The trustses have &ss¢ss¢d the charity's cash r&8erYes which Hr¢ suffi¢i¢nt to ¢nabl¢ its activiti¢s to continue for
twelve months without the receipt of any ￿ditional funds.
Page 12

The Burford Trus¢
Detailed Statement of Financial Aetlviti£4
for the Year Ended 30th June 2024
2024
2023
INCOME AND ELWWMEKrs
Other trading Activitlo8
Other incotne
Gr￿Ske
45
4,900
7.450
4,400
4,945
11,850
tnv4stment income
Other fixed asset invest- Fti
Deposit account interest
99,840
948
94,729
547
100,788
95,276
Totsl Incoming resources
I05,733
107,126
EXPENDITURE
Olher tr*dlng aetlvltl
Grasske¢p commission
489
597
Investment Ma￿gement costs
Portfolio management
Property repairs
16,849
17J28
2,130
l6,849
19,458
Ch8rffitsble aetlvltle8
Grants lo institutions
105,750
22,000
Support eosts
Mllnagement
Insuran¢e
1291
1,183
Other
A¢¢ountan¢y
3,872
3,656
Governance Costs
Trustees, fe¢s
Trnstees, expenses
875
29
525
li
904
536
TotaI resources expended
129,155
47,430
Net (expeoditureyincome before gains and
10&8e8
(23,422)
59,696
Re4li8ed recogntsed gain8 and losses
Carrted forward
(23,422)
59,696
This page does not forni pth of the statutory financial ststements
Pag¢ 13

The Burford Trust
Detsiied Statement of Financial Activities
for the Year Ended 30th June 2024
2024
2023
Realtsed recognised gains ond loss¢8
Brought forward
Realised gains/(losse5) on fixed asset inveslments
{23,422)
(8,837)
59,696
(10,332)
Net (expenditureyincome
{32,259)
49,364
This pa8¢ does not forni part of the statutory fuwicial statements
Page 14