R.W.MANN
RUST
A CIKxllth TnMI for Ihe North E¢Jst CommLmlty
FUND VESTED IN
R. W. MANN TRUST
under Declaration of Trust
dated 27 July 1959
TRUSTEE'S REPORT
AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024
Charity No: 1095699

R. W. MANN TRUST
under a Declaration of Trust
dated 27 July 1959
CONTENTS
Trustees, Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
10
Notes to the Accounts

R. W. MANN TRUST
under a Declaration of Trust
dated 27 July 1959
TRUSTEE'S REPORT
for the year ended 31 March 2024
The Trusiees present their report and accounts for the year ended 31 March 2024.
CHARITY REFERENCE & ADMINISTRATION DETAILS
Name
The Charity operates solely iindei" tlie name R. W. Mann Trust
Registration Number
The Cliarity Coniinissioii registration number is 1095699
Address
The postal address of the principal office of the Cliarity is
P. O. Box 119, Gosforth, Newcastle upon Tyne, NE3 4WF
Trustees
The trustees in office at the date of this report were as follows'.-
Mrs. J. A. Hamiltoii {Cliairniaii)
Mr. G. Javens
Mrs. M. A. Heath
Trustee Changes
All of ilie above mentioned tnislees were in office for the full accoiinling period under review
and there have been no changes in appointnients during the period.
Secretary
Mr. J. L. Hamilion. OBE, DL has acted as Secretary throiighout the year and has delegated
responsibilily for all aspects of the day to day niaiiageineiil of the Charity
Bankers
Barclays Baiik plc, Newcastle City Office, Percy Hoiise, Percy Street, Newcastle upoii Tyne,
NEI 4QL
Solicitors
Stanton Crofi, 1-2 Lansdowne Terrace East, Gosforth, Newcastle upon Tyne, NE3 1 HL
Independent Examiners
Read, Milburn & Co., Cliartered Accountants, 71, Howard Street, North Shields, NE30 1 AF
Stock Brokers and Financial Advisors
UBS Wealih Management AG. 2 St James, Gale, Newcastle upon Tyne, NE4 7JH and
Brewin Dolphin, Limited, Time Central, Gallowgate, Newcastle iipon Tyne, NEI 4SR,

CHARITY STRUCTURE, GOVERNANCE & MANAGEMENT
Governing Document
The Charity is an Endowed Charity formed under a Declaration of Trusi dated 27 July 1959
th
Recruitment & Appointment of Trustees
The present trustees were appointed because of their relationship with the founders of the Tnist,
Mr. & Mrs. Reginald W. Mann.
When the ciirrent Trustees are either unable or unwilling to act, or in the event ihat ihe current
secretarial and donation committee wish to retire, there is a fonrjal agreement in place ￿11th the
Community Foundation serving Tyiie and Wear aiid Northumberland to administer the Charity.
Induction and Training of Trustees
The process of iiiductioii and iraining of new Trustees is linder the personal guidance and
supervision of ihc cxisling Trustees.
Organisational Structure and How Decisions are Made
The day to day nianagemenl of the Charity is iii the hands of Mr. J. L. Hamilton, OBE, DL who
acts as Secretary. Mr. Hainilton lias delegated responsibility for collating donation applications
and assessing the relative merits of the request. The donalion con)mittee is niade lip of the
Secretary and at least one Tnistee make the decision regarding the level of support to be given.
The Secretary has then delegaled authority of the Truslees lo deal with all aspecls of ilie
adniinistralion in coniieclioii wilh tlie doiiations aiid receiving feedback from the recipients of
how the doiiation has bcen utilised.
Relationships with Related Parties
The adminislratioii of the Trusl is undeflaken auiononiously. However, Ihere are informal
meeiings with other sigiiificant charitable organisalions in the local area lo ensiire cross
fertilisation of information in the sector aiid to ensiire tlial needs, iii respecl of charilable
support, are being niet.
Risk Assessment
The Truslees rccognise their responsibilities aiid are coinmitted io niinimise all the risks ihal
the Trust niay face. The Inajor risks lo whicli the cliarity is exposed are identified by the Truslecs
in ternis of boih probability and potential risk and are reviewed regularly together wilh systems
and procediires to nianage those risks.
The Iiiajor risk to the cliarity is that of Inaintaining a suitable level of income lo satisfy the
diverse demand of applications for charitable assisiance.
In ternis of inconie, this risk is n)anaged by a prudciit and diversc investment portfolio in
conjiinction with a repiitable stock-brokers thal specialise in the Charitable sector. The portfolio
is managed iviih a niediiini risk profile with a view to achieving an appropriate level of inconic
together with ihe prospect of capital appreciation which seeks to maximise the long-tenn I'eal
valiie of the cliarilable fund.
In lernis of expenditure, the Trustees set budgets for management expenses and for charitable
donations. The Trustees set theiT donations at a level wliereby the charity can assist as broad a
base of local organisations as possible. To supplenient income, the chariiy is maiiaged on a tolal
return basis and therefore uses capital gaiiis and appreciation oil investments when current
expenditure cannoi be matched with current income.

OBJECTIVES & ACTIVITIES
The Objects of the Trust
l ) To promote the relief of poor aged or infirn] persons in any part or parts of tlie United
Kingdom
2) To promote the advancement of ediicatioii for the benefit of ihe public in any part or
parts of the United Kingdom
3) To promoie the advancemenl of piiblic religion in any part or parts of ihe United
Kingdom
4) To promote (so far as proniotioii thereof is charitable but not further or othenvise) social
welfare in any part or parts of ihe United Kingdom
5) To iindertake and execute aiiy tnists esiablished in any part or parts of the United
Kingdom for charitable pujyoses only
6) To siipport aiiy institulions or trusts for the time being established in any part or parts
of tlie United Kingdom for charilable purposes only
The Aims of the Trust
In practice, the Trustees favoiir charitable causes iii the North Tyneside and in the East
Newcastle areas, in line with the Founder's wishes. In certain circiimstances, Ihe Tnisl
may look to assisting oilier organisations in the wider Tyne and Wear, Durhani and
Noi'tliumberland areas if il is considered that they offer excepiional added value to Ilieir
local coniiiiuiiities or are particularly innovative. Siippon io iialioiial organisations is
also offcred where Ihere is a specific projecl, or ongoing work beiiig carried oiil, in ihe
area in which the Trust operales.
There lias been no change in thc aiins the Tnisi during Ilie year.
The Main Objectives for the Year
The main objectives continue to be thai of siipporting local orgaiiisations when the
charity's siipporl can make a real difference lo tlie success of ihe orgaiiisalioii. The maiii
thnist of charitable siipport contiliiies to be towards youth work. cliildren, people willi
disabilities. older people, schools. colleges, couiicils for vollinlary service and other
advice agencies.
Strategies of the Trust
The Charity contiiiiies to encourage applications from local organisalions by ongoing
links and knowledge of ilie organisations working in ilie area. The development of the
Charity's website, www.nvinaiintnist.or
.Lik has beeii another useful strategy in recent
years for encouraging applications for assistance.
Significance of Achievements
Donations paid out by Ilie irust amoiiiiled to £167,390 during the year aiid these were to
a wide varicty of charitable causes niakiiig a lotal of £5,518,247 since tlie inception of
the Trust in July 1959.
Grant-making Policies
The Tnist gives priorities to projects and groups which
Operate in North Tyneside and East Newcastle
Are locally run and led
Help people with the greatest need
Involve disadvanlaged and minority groups
Use volunteers as much as possible
Improve the quality of life in their community
Are regislered cliarities or exempi groups such as scouts, schools, hospitals etc.

The Trust will not support
Large well-established national charities
Individuals
Churcli buildings except where they are used for community groups
Deficits already incurred or to replace statutory fundiiig
Projects or groups which can attraci public fiinds or which appeal to Community Fund
grants or national charitable trusts or other sources except to the extent that such soiirces
woiild be iinlikely to fund a specific project.
ACHIEVEMENTS AND PERFORMANCE
Review of Charitable Activities and Public Benefit
The Trustees coiisider iliat Ilie Cliariiy has achieved public benefii during the year as
demonstrated in the assistance it has provided io the local coinmiiiiity which, oiice agaiii. has
been al a most satisfactory level. Donations made diiring the year were in line willi budgel al
£167,390. This figure was comprised of124 individual donalions to assist 108 organisations or
groiips.
Review of Investment Performance
The investnienl portfolio is nianJged with a view to achieving a balance of inconie and capital
growth with a medium risk profile.
The Trusiees generally anlicipale a target gross total return on investments iii the range 3.75 %
4.000/0 of ilie average value of fiinds in 111anagciiienl. The investiiieiit portfolio perforniance
has iliis year been bencliiiiarked agyaiiisi the FTSE All Share Iiidex - Tolal Return whicl) showed
a 7.77 % increased perfoniiaiice. The Trust's own nianaged invesinieiit perforniance showed an
increase of l 0.81 O/y reflecting the specific spread of the portfolio.
Funds held under management liave increased by 5.450/0 afier withdrawals of£172,000 lo fuiid
aciivilies diiring ilie year. Facloring tlie withdrawals inio account. on a lolal retiirn basis, funds
have shown a 10.81 0/0 increase for tlie year.
FINANCIAL REVIEW
Reserves PolRCy
The Trustees recognise the need to establish and mainiain a level of reserves thai enables
financial slabilily, Ihai meets the reqiiirements of working capital and cushions againsl
fluctuations of inconie levels and in ihe financial perfonnance of ihe Tnisl. In recent years the
Trusiees have adopted a policy of ulilising an element of reserves on a regular basis to
supplenient current excess of dernand for donations lo worthy caiises over the level of current
inconie. It is envisaged ihat this policy will continue for the time being.
Principal Funding Sources
The Trust relies for niajor part of its, inconie on its, investinent portfolio. A small elemenl of
iiiconie is derived froin interest 011 nel cash balances that are held to nieet inimediate cash
demands.
Whilst the Balance Sheet indicates a bank overdraft, in reality this is wholly as a resuli of
unpresented cheques and a credit bank balance is niainlained at all times by daily sweeps from
bank balances held on deposit. Tliere are no "real" borrowings and there are no intentions by
the Trnstees to borrow funds at this time.

Investment Policy
Investments of the Trust are managed by stock-brokers and financial advisers, UBS Wealth
Management AG and by Brewin Dolphin Limited with a view to achieving a balance of income
and capital growth with a mediiim risk profile and funds are managed on a "Total Return" basis.
There is no fomial ethical policy adopted at this stage, but this matter is under consideration.
PLANS FOR FUTURE PERIODS
The charitable sector continues to grow and there is little doubt that in the coming years the
Trust's involvement in causes both large and small will continue to be of significant importance
and will continue to play a major role in charitable work in the North Tyneside and wider area.
The objectives for future periods continue to be those as set out earlier in this report and to this
end, the Trustees welcome approaches for financial support in line with its. objectives and
current activities.
STATEMENTS OF TRUSTEES, RESPONSIBILITIES
The Trustees are required under the Charities Act 1993, to prepare financial statements for each
financial year which give a true and fair view of the charity's financial activities during the year
and of its financial position at the end of the year. In preparing those financial statements the
trustees should follow best practice and.'-
l) select suitable accounting policies and apply them consistently.
2) make judgements and estimates that are reasonable and prudent;
3) state whether applicable accounting standards and statements of recommended
practice have been followed, subject to any departures disclosed and explained in
the financial statements.
4) prepare the financial statements on a going concern basis unless it is inappropriate
to assume that the charity will continue in operation
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and which enable them
to ensure that the financial statements comply with applicable law and regulations, They
are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Approval
This report was approved by the Trustees on
behalf.
and signed on their
for R. W. Mann Trust

R. W. MANN TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
OF R W MANN TRUST
for the year ended 31 March 2024
I report on the financial statements of tlie charity for the year ended 31 March 2024 which are set out
on pages 2 to 16.
Respective responsibilities of trustees and examiner
The charity's trustees consider thal an audit is not required foT this yeaT (under Section 43(2} of the
Charities Act 1993 (Ilie Act), as aiiiended by s.28 of Ilie Charities Act 2006) and Ihal an indepeiideiil
examinalion is needed.
li is iny responsibility to:
examine tlie accounts (under seclion 43 of the Act, as aniended).
to follo￿, the procedures laid down in the General Directions giveii by tl)e Charity Cominission
(under section 43(7){b) of the Act, as aniended),. and
to state wlietlier particular inatters have coine io Iny attention.
Basis of independent examiner's statement
My exainination was carried out in accordance ivitli General Directions gviven by tlie Cliarily
Coinmission. An exainiiiation includes a review of lh¢ accounliiigF reci)rds kept by the cliarily and a
coiiiparison of. the accoiints preseiited witli tliose records. It also includes consideration of ai)y uiiusual
ilems or disclosures Iii Ihe accounts and seekiiig explanations froni Il)e Inislees coiicerning any such
Inatlers. The procedures undertaken do not provide all the evidence that would be required in an audit,
and consequently no opinion is given as lo wheilier Ilie accuunls preseiil a "true and fair view" and the
report is liiiiited to those inatters set out in tlie statement below..
Independent examiner's statement
In the course of our exan)ination, no inatler has coine to iny attention
whicli gives me reasonable cause lo bel ieve that iti, any Inaterial respecl, tlie truslees have
not Iiiet tlie rcqiiireiiients to ensure thal:
pr()per accounlingy records are kept (in accordance with section 41 of the Act); and
accounts are prepared which agree witli the accounlingF records and coiiiply witli the
Inetliods and principles of the Stateinenl of Recoinmendcd Practice.. Accounting and
Reporting by Charilies; or
to M,hicli, in my opinion, attention should be drawn in order to enable a proper iinderstanding
of the accounts to be reached.
(2)
DAVID HODGSON, MBE, FCA, ACIB
Read, Milburn & Co, Chartered Accountants
71 Howard Street
North Shields
Tyne & Wear
NE30 IAF
Dated . Y*..l.

R. W. MANN TRUST
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 March 2024
-2024----
2023
L'nre5tricted
F￿ndS
Restricted
Funds
Toial
INCOMING RESOURCES
Donation Received
955,301
Investment Income
Dividend liicoiiie
Interesi Received
61,906
4,002
13,485
382
75,391
4,384
75,723
1,698
Total Incoming Resources
£65,908
13,867
£79.775 £1.032,722
RESOURCF.S EXPF.NDED
Investii)enl Manageinent Costs
Charitable Activities
Iiistitulional Donations (Note 6)
Support Costs-
SecrelaTial & Mana&yenient (Note 4)
Bank Charges
Sundry Administration Costs
Governance Costs
ALcounlaiicy Cliarges
10,885
7,690
18.575
18.644
167.390
167.390
208,100
18,000
393
1,137
18,000
393
18,250
489
1,503
1,920
480
2,400
2,394
Total Resources Expended
£199,725
£8,170
£207,895 £249,380
NET OUTGOING RESOURCES
BEFORE HOLDING GAINS (133,817)
5,697
(128,120) 783,342
Profiil(Loss) on Investment Assels
171,157
102,044
273,201
(158,586)
NET MOVLMENT IN FUNDS
33,340
107,741
145,081
624.756
TOTAL FUNDS BROUGHT FORWARD 2,272,929
833,786 3,106,715 2,481,959
TOTAL li UNDS CARRIED FORWARD £2,306.269 £941,527 £3,251,796 £3,106,715
The iiole on pages I I to 16 form part of tliese accounts

R. W. MANN TRUST
BALANCE SHEET
as at 31 March 2024
2024
2023
FIXED ASSETS
Investments (see Note 2)
Bond Investmenls
Equity Investments
621,917
2,528,712
580,201
2,361,611
Total Flxed Assets
3,150,629
2,941,812
CURRENT ASSETS
Cash at bank and in hand
120,974
220,564
Total Current Assets
120,974
220,564
CURRENT LIABILITIES
Bank Overdraft
Amounts falling due within one year
(see Note 3)
14,650
5,157
50,500
5,161
Total Current Liabilltles
19,807
55,661
Net Current Assets
101,167
164,903
Net Assets
£3,251,796
£3,106,715
FUNDS OF THE CHARITY
Unrestricted Fund
Restricted Fund (Note 6)
2,306,269
941,527
2,272,929
833,786
Charity Funds
£3,251,796
£3,106,715
Approved b th
Trustee
For R.
The notes on pages I I to 16 fonn part of these accounts
io

R. W. MANN TRUST
NOTES TO THE ACCOUNTS
Note l.- ACCOUNTING POLICIES
(a) Basis of preparation
The fjnancial statements have been prepared linder the historic cost convention, with Ilie exception
thal inveslments are included al markel value. The fii)aiictal stalemei)Is haiye been PTepared in
accordance willi tlie Sialeinents of Recomineiided Praclice.. Accounting aiid Reporting by Charilies
(SORP 2005) issued in March 2005 and applicable UK Accounting Standards and comply witli the
Charities Aci 201
The Financial slaleinents have been prepared on a going concern basis.
(b) Funds Structure
The cliarity is coinprised of an Expendable Endowment fund created by gitts froin MT & Mrs Reginald
W. Mann and Ihe all income from Ilie endowinent is wholly unrestncled. The aims and objects of tl)e
Trusls are set oul in Trustees Report.
(c) Incoming resources
All incoming resources are recognised once the charity has enlitlemenl lo ihe resources. it is certain
that the resoiirces will be received and the monetary value of inconiing resources can be measured
Ivitli sufticienl reliability.
{d) Resources expended
Liabi lities are recognised as resources expended as soon as tliere is a legal or constructive obligation
coiiimitling the charity lo the expenditure. All expendiliire is accounted for on an accruals basis and
has been classified ui)der lieadings that ag&Tregale all costs related lo the calegory.
Grants payable are paynienls inade lo third parties in Ihe fiiriherance of the charilable objectives of the
Trust. Grants payable are recogsnised wlien Ilie intention to mcike a gyranl ha,% been coiniiiunicaled lo
Ihe recipienl and tliere is ccrlainty of Ihe ainounl of Ilie &yrant payable.
{e) Trixed asset investments
Investnients are staled al niarket valiie as at the balance sheet date and are schediiled in the notes lo
the accounis. Tlie stateii)eiJl of financial activitics incliidcs thc net gains and losses arising7 on
revaluation and disposals throu&Fhout the year.
(D Realised gains and losses
Al I gains and losses are taken lo Ilie slaleineiil of fiiiancial activilies as they arise. Realised gains and
losses on iiii'estments are calculatcd as the difference betiveen tlie .8ales proceed8 and opening Inarkel
value (purchase dale if lalerl. Uiirealised gains and losses are calculated as the difference betiveen Ilie
Inarket value at Ilie year end and the opening market value (or purchase date if later). Realised and
unrealised gains are not separated in the Stateinent of Financial Aclivilies.

NOTES TO THE ACCOUNTS (Continued)
Note 2.- INVESTMENTS
Details of investments held ai 31 March 2024 were as follows'.-
Nornlnal Value
Market Valu¢
BOND INVESTMENTS
IM#n4ged hi. UBS W'ealth Manak¥cment Ltd)
451
JPMF Enig Mkt Dbt
34,055
910
Focused Sicav Corp Shs Hdgd A Dist
90.754
1,256
Focused Sicav Shs Hdgd F Dist
112,349
86
Fociised Sicav 14Grd Slis A
9,015
309 Focused Sicav HGrd Lng Tenn Bd Shs A
36,963
836
Focused Sicav Hgd Lng7 Terni Bd USD-F.
71,286
205
Focused Sicav HGd Bd Sli F UK
18,247
4,899 Goldmaii Sachs liii Mkts Deb P/F R
34,348
369
Goldman Sachs Mkts Corp Bd l Hdgd 32,476
206
Ashiiiore Sicav Ein Mkts Corp Dbt Slis Z2 12,451
1,259
Blackstone Sys CTd Inl (ird Sys Co Fd
112.454
{MAnggi.d hv Brewln D￿lphIn
672
Mulli Unts Lux UK Govl Bd 5Yr
11,358
15,200 Jupiter UT Mn&yTs Strategytc Bd X GBP Dis 12,499
30,000
Abcrdcen Sid Fd Mg Asi Gbl iiifitkd Bd
17,904
7,968
UK Gov 0.25 % BDS 31Jan25
7,692
8,250
Man Fx Inl ICVC Sterl Corp Bd
8,066
£ 621,917
EQUITY JNVESTMENTS
'ominal Value
Markei Valuc
I￿1#114gL,d bi. UBS We*lih M*nag¢ni¢nt I,td)
497
Astrazeneca
5,721
Aviva PIC
5,724
BP PIC
10,552
Barclays PIC
10,015
Blackrock Euro Dynaiiiic Fd
3,285
Brown Advisory Fd PIC
1,770 Compass GTOUP plc
5,045
Convatec Gr PIC
6,774
DS Smitli PIC
2,725
Elementis PIC
435
Experian PIC
23,333
Federated Hernies Inp. Fd
350
Findlay Park Funds - Ainerican Fnd
629
GAM Star Fd - Euro Eqty
6,512
Glencore PIC
978
GSK PIC
6,115
Haleon PIC
3,309
HSBC Holdings PIC
429
Haliiia PIC
785
Hikma Pharn)aceuticals Ip Ords
738
Intennedle Cap Grp
175
Intertek Grp PIC
53,070
28,410
28,374
19.331
30,133
60,773
41,117
14,449
26,872
4,044
15,025
32,746
60,569
21,099
28,347
16,710
20,360
20,483
10,159
15.060
15,159
8,724
12

NOTES TO THE ACCOUNTS (Continued)
EQUITY INVESTMENTS (Continued)
NoTnlnal Value
qarket Value
660
Ishares Inc Shs MSCI Europe Ex UK Fnd 25,357
60,070
Lloyds Banking Group
31.092
375
LSE Group plc 6.9p Ords
35,588
13,594 M&G PIC
29.975
8,339
Man GLG Japan Core Alpha Fd Pro Acc
23,649
9.946
Naiwesi Grp PIC
26,436
1,940
Ninetyone Global Si Fd Emrg Mkts
56,687
2.344
Pearson PIC
24,424
3,610
Prudential plc 5p Ords
26,822
624
Raihboiie Brotl)ers
9,660
2,015
Relx PIC 14.44p Ords
68,994
566
Reckitl Bei)eckiser l Op Ords
25,538
790
Robeco Cap Gwt BP US Preiii
74,120
3.656 Rolork PIC 5p Ords
12,021
2,238
Shell PIC Euro
58.748
2,329
SSE PIC
38,429
1,654
SSiiA SPDR Jap Acc Shs
80,230
2,590
Schroder PIC 20p Ords
9,736
86 SpiTac-Sarco Eng
8,656
11,501
Tesco plc
34.112
600
UBS Inv Fnd ICVC S&P500 Iiidex J Dist 203,995
808
UBS (Lux) Fd Lmergy Mkt Shs A
65,965
420
UBS Eif plc Misc Acqi SF A UK Dis Hdg 48,865
UBS Etf MSCI Switz 20135 Shs A
47,045
Vanguard Fnds FTSEI 00 Ucits ETF Inc
99,465
Vangyuard Fnds FTSE250 Ucits ETF Inc
17,635
IMonaRtd hv Brtwln Dolphln
AIL()n AG
Ainplienol Corp
Artemis Fd Mngrs US Select l Acc
Arteinis Fd Mn&yrs US Smaller Cos J Acc
Ashtead Group
Bailey Gifford Amer W l Dis
Berkshire Hatliaway Inc Com USD
Blackrock Fd Man Cont Euro Inc D Dis
Blackrock FM Euro Dynamic Fd Inc
Booking Hldgs inc Com USD 0.008
19,760
BNY Mellon Fd Mngr Asian Inc U
1,000
Dodge & Cox Worldw US Stk
4,600
Fidelily Ucits Icav US Quality Inc
8,000
Fil Inv Svcs UK Eing Mkts R GBP Acc
7,322
Firsi Senttier inv Icvc Asia Pacific Lds
4,458
Fundsniith Eq Fd Fund l Dis
120
Inlercontinenlal Exch Inc Coin USD
5,034
Investco Far East Inv -Asian UK D Dis
562
Ishares Physical M Ish Phys Gold Eic
13,000 JPMorgan Fd- US Equity inc K
5,500
JPMorgan Fd Icvc Global Macro Opps
12,079
Jupiter Japan inc Fd U2 GBP Dis
6,000
Link Fd Sol Ltd trojan X Inc
9,887
Liiik Fund Lindsell Train UK Equity
2,866
575
150
160
7,500
3,000
200
3,313
43
6,900
11,500
10,028
14.888
26,213
11,258
11,404
41,683
14,270
13,218
35.065
11,421
22,898
33,810
36,058
9,440
22,712
28,312
13,115
12,713
20,128
18.148
8,619
14,164
7,681
16,844
13

NOTES TO THE ACCOUNTS (Continued)
EQUITY INVESTMENTS (Continued)
Nominal Value
Market Value
2,500
Liontrust par Spec Situations Ins Inc
14,400 M&G Ini, Fnds - Papan Sterling PP Dis
55
Microsoft Corp Coiii USD
1,200 National Grid Ord
600 Polar Cap Tecli Tst
11,560 Royal London Ltd Sust Ldrs Tsl D Inc
170 Schivab (Cliarles) Corp Com USD
38 Stryker Corp Com Stk USD
6,000 T Bailey Fuiid Serv TB Evenlode Jnc C
23,500 Thesis UT Mgmt Ltd TM Redivheel UK Eq
17.030 Threadneedle Inv UK Equity Inc Z
7,500
Trilax Big BOx Rei Ord
1050 VanguaTd S7P 500
800 Vanguard FTSE 100
12,105
21,056
18,553
12.396
17,970
29,640
9,688
10,574
15,053
26,01
26,168
1,438
82,089
27,618
£2,528,712
Iyote 3- CREDITORS AND ACCRUED CHARGES
This represenls:.
2024
2023
Indcpendent Exaniiner's Char&7es
Portfolio Managciiient Charges
2,400
2,757
2,400
2,761
£5,157
£5,161
Iyote 4- REMUNEIUTION
No reinuneratioii has been paid to any of tlie 'frustees.
A Secrclarial and Management Fee of £18,000 {wliich includes all travel and incidental and
office expenses) has been paid by the Trusl for services provided by the Secretary, Mr. J. L
Hainilton OBE, DL. (Mr Ilamilton is tlic spouse of ilie Cliairman of tlie Trust, Mrs. J. A.
Hainilion.)
Note 5- PREPARATION OF FINANCIAL STATEMENTS
In coi)Imon witl) many other Charities of our size and nature. we use our accouiitants to
assist with tlie preparalion of ihe Financial Statements.
Note 6- RESTRICTED FUND
The Restricied Fund relates lo Monies transferred froin the fomer Victor Mann Trusl Fund
on l April 2022 and whose fund liad narrower cliaritable objectives'.-
a) For the promotion of Ilie welfare and conifort of the aged inhabitants of the
Borough of Whitley Bay, and
b) For the provision of housing accommodation for the poor inhabitants of the said
Borough
There is a provision in the General Vesting Declaration as follows...
"Not-with-standing the aboiye, the trustee of Victor Mann Trusi Fund hereby gives approval
to any approach to the Charity Cominission by R W Mann Trust lo vary and widen tl)e
charitable objects if deemed appropriate to ensure more appropriate use of the fiinds liereby
provided"

Note 6- SCHEDULE OF INSTITUTIONAL DONATIONS
I st Forest Hal l Guides
346 (Tyneinouth) ATC
Association of Retired Fisliemien
B J Diver Veterans Allotment
Bedlington Cricket Club
B1￿h Resource & Initiative Centre
Blyih Stroke Support Group (CVA Blyth Valley)
British Disabled Angling Association
Burradon & Camperdown Cominunity Assoc
Cambois Priinary School
Cancer Researcli UK
Chilli Studios
CHOYSEZ
Cliurch of the Holy Saviour Tynemouth Priory
Clean Slate Financial Wellbeing Services CIO
Cleaswell Hill Foundation
Coast Explorer Scouts
Collingwood Bowling Club
Conneclcd Voice
CONTACT
CopingF Wltli Cancer North East
CoTbTidge CoinTnunily Partnership
Cowpen Quay Coinmunity Association
Cranilingiton Nazarene Churcli
Cramlingytoii Volunlary Youth Project
Crisis UK
Cullercoats Methodist Churcli
CVA Blyth Valley
CygFnus Support
D2 Youth Zone Ltd
Deaf Awareness N E
Dcpaul UK
Derwenthaugh Boat Station
Dreanishine CIC
East End Youth & Community Centre
Families in Care
Fonvard Assist
Friends of Beacon Hill
Girls Friendly Society
Great North Air Ambulance SeThiice
Happy Days
Haven Tyneside Lid
Headliners (UK)
Headway Northumberland
Healon Churches Together. (replace 103385)
Hospice Care North NorthumbeTland
Isabella Community Association Ltd
Jack Cliarltoii Disabled Anglers Association
Key Enterprises
Krazee Krafters
Legacare (UK} Ltd
Linskill & N Tyneside Cominunity Development Trust
Listening Books
Listening Ear and Positive Support
1,000
1,000
500
750
500
3.000
1,000
750
1.500
900
500
1,000
2,000
2,000
1,000
1,000
1,000
2,000
1,000
1,000
2,000
2,000
2,000
500
3,000
1.000
1,000
11,500
1,000
2,000
500
2.000
2,000
750
1,500
3,000
1,500
1,500
1,000
2,000
1,100
1,000
2,000
1,250
500
2,000
2,000
500
1,500
1,000
1,000
2,250
750
500
15

Lovaine CommiiTtity Garden Group
Macinillaii Cancer Support
Maggie, Neivcasile
Marie Curie
MINE Youth
Monkchester Comniunity Association
N E Youth
New Fordley Juniors
Newbiggin by the Sea Genealogy Project
Ne￿,bIggIn JunioTS AFC
Newbiggin Trader's Association
Newcastle Dog and Cat Shelter
Newcastle Gang Show
Northuniberland CVA
North Shields Fisherniens, Herilage Projeci
Norih Tyneside Arl Studio
North T)￿eSide Disability Foruni
Noriliern Icc Wlieelcliair Curliiig Club
Northern Stage
Northumberland Community Enterprise
Northuiiibria Youth Action Ltd
Park View Project.
Pall)￿layS 4 All
People and Drugs Ltd
Rcacl
Recyke Y'Bike
Rise Nortli East
Road To Recovery Trust
Salute Her UK Ltd
Sealon Burn Crickei Club
Slielier
Sliieldfteld Art Works
Sliilboiile Children & Young People's Project
Sliiremoor & District Cliildren's 1.reat
SPARCS
Springfield Community Association
St Jol)n's Court Social Group
Sl Paul's Communily Partnership
The Baby Equipiiieni Loan Service & Toy Library
The CiTdan Sailing Trust
The Nei Nortli Sliields
The Recovery College Collective Limited
The Sick Children's Trust
The Soldiers Sailors Airnien & Faniilies Association
The Tute
Tynedale Hospice al Home
Tyneside & Northuniberland Mind
VONNE - Funding InfonT]alion North East
Wallsend Local History Society
Wallsend SCC - TS Coinus - Unit 345
West Allolnient Community Centre
Woodlawn School
YMCA Newcastle
YMCA North Tyneside
1,200
1.000
1,000
2,500
1,500
1,500
6,500
1,000
1,000
1,000
1.200
1,000
1,500
1,000
1,500
1,790
2,900
1,000
1,000
1,400
1,000
1.200
1,500
2,000
500
1,000
1.000
1,000
2,000
1,000
1,000
2,000
2,500
800
2,000
750
900
3,500
2,500
2,000
4,000
750
2,000
1,000
1,500
1,500
1,500
2,500
500
2,000
1,000
2,000
1,000
1,000
167390
16