Charity number: 1103709
THE MARCIA AND ANDREW BROWN CHARITABLE TRUST
UNADUITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

CONTENTS
Page
Reference and admlnlstratlv• detalls of the Charfty, Its Trustees and advlsers
Trustees. report
Independent examlner's report
statement of flnanclal actlvltl•s
Balance Sheet
Notes to the flnanclal statements
7-13

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MAY 2024
Trustees
M Brown, Trustee
S Walton, Trustee (appointed 9 November 2023)
K Taylor, Trustee {appointed 1 December 2024)
G Goodman. Trustee (appointed 1 December 2024)
A Brown MBE. Trustee (deceased 20 July 2023)
Prlnclpal offlce
Gresham House
5-7 St Paul's Street
Leeds
LS12JG
Independent Examlner
Susan Seaman, BA FCA, CIOT
Gresham House
5-7 St Pauls Street
Leeds
LS12JG
Page I

TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MAY 2024
The Trustees present their annual report logether with the fi'nancial statements of the Charity for the year 1 June
2023 to 31 May 2024.
Objectlves and actlvltles
. Pollcles and oblectlves
The charity's objects are to make donations and grants for the benefit of such exclusively charitable objects and
purposes or such registered charities for their work in any part of the world as the trustees may in their discretion
think fit.
In setting objectives and planning for ackn'vities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefi't, including the guidance 'Public benefit: running a
charity IPB2)'.
Achlevements and performance
a. Maln achlevements of the Charlty
The trustees made donations totalling £182,655 during the year to various other charities (2023-
£282,430).
Appeals are considered as they are received and the trustees will make donations throughout the year.
There was an increase in funds for the year of £113,774 (2023 decrease of £68,359) which has been
transferred to the unrestricled fund.
Flnanclal revlew
a. Golng con¢•rn
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
reSoU￿S 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. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
Structure, governance and management
a. Constitution
The Marcia and Andrew Brown Charitable Trust is a registered charity, number 1103709, the governing
instrument being the trust deed dated 10 February 2004,
b. Methods of appolntmont or electlon of Trustees
The trustees, who served throughout Ihe year, are summarised on page 1. Appointment of new trustees is at
the discretion of the existing trustees. New trustees are briefed about the charity's objectives and how they have
been achieved in the past.
Page 2

TRUSTEES, REPORT (CONTINUED
FOR THE YEAR ENDED 31 MAY 2024
Statement of Trustees. responslbllltles
The Trustees are responsible for preparing the Trustees, report and the financi81 statements in accordance with
applicable law 8nd Ljnited Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources
and application of resources, including its income and expenditure, for that period. In preparing these financial
statements, the Trustees are required to:
select suitable accounting policies and then appty them consistently.,
observe the methods and principles of the Charities SORP (FRS 102),.
make judgments and accounting estimates that are ieasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial stalements;
prepare the financial siatements on the goin9 concern basis unless it is inappropriate to presume that the
Charty 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 Charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members of the board of Trustees on 27 February 2025 and signed on thelr behalf by..
M Brown
Page 3

INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MAY 2024
Independent Examiner's Report to the Trustees of {'the Charlty,)
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 May
2024.
Responsibilities and Basls of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance wlth the
requirements of the Charities Act 2011 ('the 2011 Act,).
I report in ￿spect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commlsslon under
section 145{5)(b) of the 2011 Act.
Indep8nd•nt ExamIne￿6 Statement
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body Ilsted in
section 145 of the 2011 Act. I conh'rm that l am qualified to undertake the examination because l am a member
of (enter body here), which is one of the listed bodies.
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance wlth Accounting and
Reporting by Charities: 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) in
preference to ihe Accounting and Reporting by Chanties.. Statement of Recommended Practice issued on 1 April
2005 which is referred to in the extant regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair vlew in accordance with
the Generally Accepted Accounting Practice 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 fespect,.
accounting records were not kept in respect of the Charity as required by sectlon 130 of the 2011 Act., or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements conceming the form 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 fair. view which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other matters in connection with the examination lo which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charily's Trustees, as a body. in accordance with Part 4 of the Charities
{Accounts and Reports) Regulats'ons 2008. My work has been undertaken so that I might state to the Charity's
Trustees those matters l am required to state to them in an Independent examinerfs report and for no other
purpose. To the fullest extenl permitted by law, I do not accept or assume responsibility to anyone other than the
Charity and the Charity's Trustees as a body, for my work or for this report.
Dated.. 27 February 2025
Susan Seaman
BA FCA CIOT
Page 4

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MAY 2024
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Investments
200.000
104,104
200,000
104,104
200,000
20,088
Total Income
304.104
304,104
220,088
Expenditure on:
Charitable activities
190.330
190,330
288,447
Total oxpendlture
190,330
190,330
288,447
Net movemont In funds
113,774
113,774
(68,359)
Reconciliatlon of fund8:
Total funds brought foThvard
Net movement in funds
2,469,270
113,774
2,469,270
113,774
2,537,629
(88,359)
Total funds carrled forward
2,583,044
2,583,044
2,469,270
The Statement of Financlal Actlvities includes all galns and losses recognised in the year.
The notes on pages 7 to 13 form part of these flnancial statements,
Page 5

8ALANCE SHEET
AS AT 31 MAY 2024
2024
2023
Note
Current assets
Cash at bank and in hand
2,588,444
2,474,670
2,588,444
2,474,670
Creditors- amounts falling due within one
year
10
{5,400)
(5,400)
Net currant assets
2.583,044
2,469,270
Total a85Ots 1888 currènt liabilitiès
2.583,044
2,469,270
Total net a88•t8
2,583,044
2,469,270
Charlty fund8
Restrlcted funds
Unrestricted funds
11
11
2,583,044
2,469,270
Total fund8
2,583,044
2,469,270
The financial statements were approved and authorlsed for issue by the Trustees and signed on their behalf by:
M Brown
Date.. 27 February 2025
The notes on pages 7 to 13 form part of these financial ststements.
Page 6

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
General Informatlon
The Marcia and Andrew Brown Charitable Trust is a registered charity, number 1103709, the governing
instrument being the trust deed dated 10 February 2004. The registered office of the charity is Gresham
House, 5-7 St Paula Street. Leeds. LS12JG
Accountlng pollcles
2.1 8a818 of preparatlon of flnanclal statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charities.. Statement of Recommended practi￿ applicable to charits'es
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 vlew and have departed from
the Charities {Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fairf view. This departure has involved following the Charities SORP {FRS 102) published in
October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
The Marcia and Andrew Brown Charitable Trust meets the definition of a public benefit entity under
FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless
otheNrfise stated in the relevant accounting policy.
2.2 Income
All income is included in the statement of financial activities when received by the charity.
Income from donation5 or grants is recognised when received
2.3 Expènditure
Expenditure is recognised when paid. Expenditure includes any VAT which cannot be fully recovered.
and is classfied under headings of the statement of financial activities to which it relates.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charity's objectives, as well as any associated SUPF)Ort costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer
is condits'onal, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions which have nol been met at the year end are noted as a
commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.4 Interest roceivable
Interest on funds held on deposil is included when receivable and the amount can be measured
reliably by the Charity- this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
Page 7

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Accountlng policles (contlnued)
2.5 Llabllftles and provS8lons
Liabililies are recognised when there is an obligation at the Balance sheet date as a result 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.
Provisions are measured at the best estimate of the amounts required to settle the obligation. 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 that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.6 Financlal Instruments
The Charity only has financlal assets and fi'nanclal liabilitles of a klnd that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
rneasuied at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.7 Fund accountlng
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Investment income, gains and losses are allocated to the appropriate fund.
Income from donatlons and legacles
Unrestricted
funds
2024
Total
funds
2024
Donations
200,000
200,000
Unrestricted
funds
2023
Total
funds
2023
Donations
200,000
200.000
Page 8

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Investment Income
Unrestricted
funds
2024
Total
funds
2024
Bank Interest received
104,104
104.104
Unrestricted
funds
2023
Total
funds
2023
Bank interest received
20,088
20,088
Analysls ol grants
Grants to
Institutions
2024
Total
funds
2024
Charitable grants to various charities
182,655
182,655
Grants to
Institutions
2023
Total
funds
2023
Charitable grants to various charities
282,430
282,430
Page 9

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Analysls of expendlture on charltable activitles
Summary by fund type
Unrestricted
funds
2024
Total
2024
Charitable grants to various charities
Support costs
182,655
7,675
182,655
7,675
190,330
190,330
unreStr￿ted
funds
2023
Total
2023
Charitable grants to various Charities
Support costs
282,430
6.017
282,430
6.017
288,447
288,447
Analys18 of expendlture by actlvlti88
Grant
funding of
activities
2024
Support
costs
2024
Total
funds
2024
Charitable grants to various charities
Support costs
182,655
182,655
7,675
7,675
182,655
7,675
190,330
Page 10

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Analysls of expendlture by actlvltle8 (contlnuad)
Grant
funding of
activities
Support
costs
2023
Total
funds
2023
2023
Charitable grants to various charities
Support costs
282,430
282,430
6.017
6,017
282,430
6,017
288,447
Independent examlnor's rnmun6ration
2024
2023
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual account8
Fees payable to the Charity's independeni examiner in respect of..
All other services not included above
4,980
5,400
600
Trustees, remuneratlon and expenses
During the year. no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 May 2024, no Trustee expenses have been incurred (2023- £NIL).
10. Creditors: Amounts falllng due wlthln one year
2024
2023
Accruals and deferred income
5,400
5,400
Page 11

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
11. Stalement of funds
Statement of funds - current year
Balance at 1
June 2023
Balan￿ at
Income Expenditure 31 May 2024
Unrestrlcted funds
General Funds
2,469.270
304,104
(190,330) 2,583,044
statement of funds - prlor year
Balance al
1 June 2022
Balance at
Income Expenditure 31 May 2023
Unrestrlcted funds
General Funds
2,537,629
220.088
(288,447) 2,469,270
12. Analysls of net assets between fund•
Analysls of net assets between fund8 . current perlod
Unrestricted
funds
2024
Total
funds
2024
Current assets
Creditors due within one year
2,588.444
{5,400)
2,588,444
(5,400)
Total
2,583.044
2.583,044
Analy81s of net assets between funds - prlor porlod
Unrestricted
funds
2023
Total
funds
2023
Current assets
Creditors due within one year
2,474,670
(5,400)
2,474,670
(5,400)
Total
2,469,270
2,469,270
Page 12

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
13. Related party transactlons
The Charity has not entered into any related party transaction during the year, nor are there any
outstanding balances owing behveen related parties and the Charity at 31 May 2024.
Page 13