REFORM CLUB CONSERVATION CHARITABLE TRUST
REPORT AND FINANCIAL STATEMEI
YEAR ENDED si DECEMBER go*
Charlty Number 11048go

REFORM CLUB CONSERVATION CHARrrABLE TRusr
UNAUDITED FINANCIAL sfATEMENT3
FOR THE YEAR ENDED Ji DECEMBER 2098
Page
Reference and Admini9trative Detai18
Trustees, Annu&l Report
Inde￿ndent Examiner's Report to the 1"ruBtee8
staten￿￿t of Finaneial ActLYitie5
Balance Sheet
Note¥ to the Financial StAtement8
10-12

REFORM CLUB CONSERVATtON CHARrrABLE TRUST
REFERENCE AND ADMINISlliATIVE DEfAIIS
FOR THE YEAR ENDED Ji DECEMBER 20S8
Reglotered Charlty Name
Reform Club Conservation Charitable Tru8t
Charity Regi8tratson Nunther
1104820
Prlnclpl Offlce
io* Pall Mall
London
SWIY SEW
The Tn¥tee•
Dr Peter Clarke MBF.
Profossor Heather Eg￿rt9
Dr Claire Gapper
Anthony Halm
Alan Johnson
Christopher Smallwood
Dr Steve Wharton
Independent Examiner
Hay$micintyre LLP
io Queen Street Place
IA)ndon
EC+R IAG
Banker8
Bank of *otl&nd pl
PO Box 1000
Bxg ILB

REFORM CLUB CONSERVATION CHARrrABLE TRUST
TRUSTEES. REPORT FOR THE YEAR ENDED si DECEMBER 904
STRucfuRE GOVERNANCE AND MANAGEMENT
The Reform Club Conservation Charitable Tru6t (the "Tru$t' or thc"Charity"I was o8tabliBhed under a Truyt
Deed dated io February QOOS."I"he Bvird of Trustees ffteet Cl￿ee times a year and rnore frequently, if required.
The TN¥t has no subcommittees.
cction 8111 of thc Trust Deed state5.'
"There 8hall be at IL'ilSt seven Trustecs who shall cornpri5e' of the offLcer8 holders on g i December gog8
in braeketsl
Tr"x-officiD Tru5tees'.
The Lhairman of tht Club IProfe$$or I leather F'GGINSI
The Chairman of the Financc C()mmittee of the Club (Christopher SMALLwaoDI
The Chairman of the Housc and Fabrie Committee ofthe Club (Anthony HALMOSI
NoTfLinated Trustee..
One trustee of the Club nominate(I by the tru¥teL>¥ of the aub (Dr Steve WIIAR"II)NI
Electcd Tru8tccJ Two
r8 ofth
mm
b hr Tnet
11)r Peter Cl.ARKb: MIIF., I)r Claire GAPPERI
rs
()n-
c ()ne
rs
n who is not a member of thL, Club wh
in
(Alun JUHNSONI
'I'he ChairTnlln ofthe Charitable'l'rust at 81 Dccern￿r li Dr Peter CIARKF..
At the beginning ol. the year Dr Steve Wharton wai an F"lected Tru8tee but he automtttieally &tfM)d down from
that post in May gQQ8 when he wa¥ electLYl au TrustL'e of the Club at the Club AGM. Subsequently the Lluh
"I'rustees inlormed the Chllritable Tru¥t that Dr Peter Urbach wished to ytep down aB their numinattd Tru&ice.
He wa# rL'pl8ced by Dr WhBrton, l)r Claire Gapper way clcLtcd to fill the vacancy for an b:lected"L"ru5tee. l)r
Peter aArke MFIF.. stepped dvwtl aj an electcd trustee with effect from S i December gogs following hi$ election
to the General Committee of the Club.
The following were appointcd T￿￿tee3 Ln 20g8..
Profes%nr Fleather b"ggin8 lot) i January g0181
Christopher smallwo￿ l¢)n I i January gogJl
Anthony Flalmo$ lon 15 May gog81
OBJEcfIvES AND AcfIvITJES
The Trust wa5 founded to a881￿l the Heform Club in carry out ity duty of ¢on$ervin% thc Ileform Club buildingtr
a Grade I li$ted building and it3 art collcrtion, furniture, and artifacts. The building 15 hcld by the Reform Club
on d 99 Year lease from the Crown E%t&tc. which expires in g08*.
Sc¢tion S of the Trwt DcLd dL.fineb the Objects of the Trust
'I'he Trustees shall hold the"I'rust F-und its intume upon'l'rn$t to apply them for..
-11.1 I'he presoYvatFon-axtt eMhancèmEnt, foy the"btneftt of the publtt, thÈ RÈftsi'M Cliib"Buttdliig.-locatè
Pall Mall by encouraging reasonable public access to view it8 historic and arthite¢tural features. art
colle¢uon. fvrni¢ure and artLfa¢t¥ and
191 such charitable purpo8e$ as the'frwtee$ in their absolute discretion fro￿ time to time think fit

REVORM CLUB CONSERVATION CHARITABLE TRUl•T
TRUSTEES. REPORT FOR THE YEAR ENDED SI DECEMBER gogj
The Trustee8 have given due regard to the Charity Commission's guidanee on public ben¢fit. when r¢viewing
the aims and objectiveB. making grants and planning futuri. aLtivitic¥ vf thc Charity,"
Future Fund5 received will aUtomati￿]IY be applied to the Unrestricted Fund unle$9 it is $pecifically requested
that the donation or legacy be applied to yume ￿peCifIC ptsrp)$e, which case it will be appliL,d to thL Re¥tricted
Funds.
Durin% th¢. year £'g,ii(M) of donations were applied to the UnreJtrictcd Fund and £78.500 was applied to
Restricted Tr"und. Gift Aid of £'1..597 was received, of which £7ffj8 wa$ ttpplicd t() the Unre%tricted and £779
was &pplied tu the Restriettd Fundg.
ACHIEVEMENTS AND PERFORMANCE
l)uring the year emphasis was plaeed on rceeivinA rcstricted donations for three app¢'al& laun¢h¢d in 8019.. the
BaluBtr&dt, the Sm()king Room Carpet and the Wheelchair Accessible Me/.i.anine'l oilet. l)onations werL' also
accepted fur the ¥pvLifJL purpnge of purchasing a facsimile ¥et of Sir Charle$ Barry'.¥ working driwing4 for the
c()nstruction of the buildinK. The reitoration of the p(>rtrait of %ir Henry IrvinK 11888 to ]￿J Jfi by I Iirry AIIL'n
1186or to 19141 wa8 eornpletcd. A d()nativn had been accepted during I fur thi¥ work. The restorcd prJrtr4Lt
hAng8 in the Coffee RvoTn.
'I'he-l-ru8¢ held it$ annual 'Open Day. irl the Slll(K>n of the Club I louse on ig July *ogy. A aerie¥ of information
diBplayA Sought to raiBe 4wareneg9 of the"1 ru8t'¥ eK18tence and work, to 8eek fund8 for eurrent Appeal8 llnd to
say'thank ynu, to donor8, 'I'ru6tee9 were pre8ent throtsKhout the event to answer que$tion$.
Public A¢¢eiJ to the buildlng and collectlon8
Op¢n Houge Ixjndon
The Club ha5 t4kL'n part in Open Houie I￿ndOn ever Jince 9￿8, the y¢ar the Charitable Tru8t wa$ founded. In
the fJr¥t year, the Club Hou8e wafj open on Saturday only and we had .8ts6 pcople viyitory. F"rom £007 it was
extended to two days and uver 6(XI VLSitors were welcomed. Open Ilouye London ¥tarted in IC)¢J* since when it
has been encouraging uwner¥J of architccturally and historic buildin%8 to allow Irce tour8. The event takes place
over a weekend in &ptember,
Tours of the Club House
Since *008 private tours of the Club Hnujc have also been organitsed for which B 4UW%ted dnnation 1$ reque$ted.
llll¥ was £7.50 in guoy. It hecame £10 in goi4 and £15 in g() Ili. Thc t(iurs takc place by appoirltment in
between 10 am and i* noon duritlg wcekdays. Thc groups are guided round the Club IlouBe by one or two
volunteer guides. During gog8 there were only two tourts. Demand rema2n$ far lower than pre-covid Icvels.
The Trustee5 re801ved to gtve wider public noli¢c to thi* ¢)pportunity via the Trust'5 planned web 8ite.
FINANCIAL REVIEW
I'he net income $howed a dcfirit ovcr cxpcnditure of £88,Ig8 Igo£g'. surplus £*9,018. On Ji Decernber gog8
the Tru5t'8 net a55Ct8 totalled £70.86£ Igogg.. £106,98.51.
Thc Tru¥tL'e8 dv not have a fornial ro8erYe$ wlicy. This is because our fixed expenditure for admini8trative
expenditure, IT requiretnents and staff custs for Opell House IA)ndon are dcliberatLly kept low.
rus
ee
lie5
n5ibilitie$ Statement in Re5
eet of the Aeeounts
The Tru8tces are rc8tM)n$ible ft)r preparing thc Trustecs Annual Report and the financial statements in
ac¢ordan¢e with applicable law aTJd United KingdornAccounting Standards (United Kingdom General Accepted
Accounting Practice).

REFORM CLUB CONSERVATION CHARITABLE TRUST
TRUSTEES. REPORT FOR THE YEAR ENDED $1 DECEMBER gogs
The Fund's rules require the Trustee8 to prepare financial $tatement$ for each financial year which %ivc a true
and fair view of the state of affairs of the Fund and the income and expenditure for that period. In prcparing
those fJnanciHI ¥tatetncnts the Trustee5 are required to,.
select suitable accounting policies and then apply them consistently..
make judKemÈnts and accourtting e$timates that are reasonable and prudent.
prepare the financial $tatement¥ UZL the going concern ba5iB unless it inappropriate to presume that
the'frust will continue in busine88', and
state whether appli¢able a¢countin% $tandard5 have been followed Subject to any material departures
di8clo$ed and explained in the financial stBtemtnts,
The Trustee$ are re$l￿)￿NIble for keeping adequate aecounting recoTd8 which disclose with reaBonable accuracy
at any time the financial position of the Fund llnd to enable thL'rn to L'n¥urL, that thc financilll 8tatement8 comply
with General l)irections Kivtn by the Charitie$ Commi$¥ioncrs. They are also responsible for safeguarding the
a$s¢tJ of the Fund and henee for taking rL'a¥onable Btep8 for the prevention and dttection of fraud and other
irregularities.
'lThe 'l'ru8teeB Annual Report W&9 ipproved on 80 Octoi*r gog• and Ji%ned on behalf of the Board of"1 ruBtee8
by..
Dr Steve Wharton
"I ru5tee

REFORM CLUB CONSERVATION CHARITABLE TRUST
INDEPENDENT EXAMAINER'S REPORT TO THE TRUSTEES OF THE REFORM CLUB
CONSERVATION CHARrrABLE TRUST
FOR THE YEAR ENDED 51 DECEMBER 8083
I rL'POrt to thc Trustees on tny examination of the finJn¢ial 8tateTnents of the Heform Club Coniervation
Lharitablc Trust for thL period ended s i Decembcr gog3 which are set out on pages 8 to Ig.
ReBpective re8ponsibllltle8 of Tru&tee# and Examlner
The Charity'j Tru5tee5 are resFK)n5ible for the preparatjOD uf the accounts. 1The Charit￿3 Trustees consider
that an audit 18 not required for thi$ year under section 14I Igl of the Charities Acl 401 I (the goi i ALtI and
that an Inde￿ndent examination is needed.
I roprt in respect of my cxaTninDtion of the Trunds account8 a$ carried out under 8ection M 111 O of the 1005
Act and $ection 1+5 of the goi i Act. In Larrying out my examinEtion I h&vc followed the applicable
Direction.% given by thc L'harity Cummi98ion undcr section 1éS1S1 Ibl ofthe goi i Act.
Independent Examiner'$ Statement
I have ¢ompl¢trd my examination. I confirm that no matteru have com¢ to my attention giving me uusc to
believe that in any material respect,.
accounting record5 were not kept in reBpect of the Charity as required by 8CCtion 180 of the go I I
Act., or
the financial $tatement¥ du not acc()rd with tlM)¥e recordi.. or
the finuncial statements do not comply with the applicAblc rcquircTncnt5 concerning the form and
content of a¢¢tsuntJ i¢t out in the L'hllritie¥ IAcc(>unt and Heportsl Hegulationts 2(X)8 other than any
requirement that the. accounts Lrive a true and fair view which is not a mattcr ¢uniidered aB pirt of
an independent examination.
I have no concerns and have etsme across no other matter8 in connection with the ex&min8tion to which
attention Should be drawn in thL8 report in order tLTrenEble a proper understanding uf the 4cci)untA to be reached.
£L
Simon Wilks ACA
Hayumacintyre l.l.P
io Queen Street Place
IA)ndtyn
:C4K IAG
so October gogs

REFORM CLUB CONSERVATION CHARrrABLE TRUST
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED si DECEMBER sog8
2098
8088
Unrestricted
Fund8
Restricted
Funds
Note
Totsl Funds
Total Fund8
Income And Expendlture
Income
Donation8 and legacieB
Other income
87.1 IS
Sl.J60
58,g7,8
2,861
8£.og7
41)2
2,SGI
Totsl Ineome
89.474
i,ieo
60.884
8g,4,29
Expendlture
Expendilure on Lharitable
activities
Independent Examiner Tr"ee
fyovernllnce cost¥
14855
8,fj00
76g
77,550
9*,100
9,L81
759
dsu
Total eXpeT￿ltUre
77,&,50
96.757
ieJ.411
Net Incomel{defi¢it) and net
movement In Fundo
lo.g67
4e,390
69,018
Reconelllatlon of Fund•
Total Funds Brought Furward
Total Fund• Carrled Forw4rd
90,7g7
106.98J
.87,967
108,980
44,S87
70.8ag
Thc Btaternent of financial actLVitie8 include8 all gains and 1088es recognised in the year.
All incom¢ and expenditure deriye from continuing activities.
Tlie noTe5 on pages
o tIYo"mi par
ese
Inancia
statcments

REFORM CLUB CONSERVATION CHARrrABLE TRUST
BALANCE SHEEf AS AT 81 DECEMBER go48
Current *￿et•
1.rade and other debtor6
Cash at bank and in h￿d
8,008
76
110,609
110.586
168,067
Credltorn., due wlthin one year
rrade and other creditors
97.405
Net currtnt a•iet•
70,888
J06,985
Fund• of the Charlty
Unrefjtricted Fund$
Restricted Fund$
26,S26
+4,S87
70.8811
16,g58
90,7g7
106,985
Tot41 Charlty Ful￿•
The8e financial statements were approved by the EIoArd of Trysteej and 4uthori8ed for i88ue on And are 8igned
on behalf of the Board by..
Dr Stevc Wharton
I'ru$tee
Jo October gog
The note$ on pigcs io to ig form
art of these financial BtatEment8

REFORM CLUB CONSERVATION CHARITABLE TRUST
NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 81 DECEMBER 2028
Genernl Inforrnation
The Reform Club Conservation Lharitable"I"rust Is an uninCor￿rated Charity governed by a"fru8t Deed
and regi¥tered with the Charity Conuni5¥ion in England and Wale¥ undcr rC&￿stered number 110411¥o. The
principal addrc55 15 104 Pall Mall, London SWIY 5F"W. The objectives of the Charity are 5Ct out on pBge
Statement of ¢ompllAnce
"lThe5e rjnancial statements have been prcpared in Lompliance with FR%io£ the Financial Reporting
Standard applicable in the UK 8nd the Hvpul)lic of Ireland,. the staten￿nt uf Recommended Practice for
Charities l.%QRI' 2016. Secand bAlition, L,fft¢tive l January *01913pplicable to charitivy prcparing their
icc()unt5 in accordance with the Financial Reporting Standard applieable in the UK and Republtc of Ireland.
s. Accountlng policiei
B8818 of preparation
'I'he finanr.ial 5tatementa have been prepared on the hiytoric&l co8t basis, a8 modified by the revaluation of
certain fJnanLial aA8et$ and liabillties measured At fair value through incornL' cxpcnditure.
Thc financial statement8 are prepared in 8terlill￿, which is the functional currency ¢)f the entity.
1.he Charity meet¥ the definition of a public beneflt cntlty under FRS log.
Going Concern
I'here are no matL'rial uncertaintie¥ about the Charity'$ ability to continue as a going concern for at leist
twelve Month8 from approvin% the account8.
DiJelo$ure exemptiong
The Charity ha$ takctl advantage of thc exemption in 'Hulletin i.. Amendments to Accounting and
Reporting by Charitiefj,. Statement of Reeommended l)ra¢ticc applicable to charities preparini¥ their
account$ in llccordanLL' Wlth the b'inancial Rep)rting Stand4rd appliLablc in the UK and Rcpublic ofireland"
from thc roquirement to produce & c8slfflow $taten*nt on the grounds that it j5 a $mall Lhttrity.
Judgements and key $ource8 of estimation uncertainty
Thc prtparatiun of the financial statement$ require8 man&gtment to make judgement$, e$tim&tes and
S8umption$ that affcct the amount5 reported. "ll)c3c cytimates and judgements are Lontitjually rLiviewed
are based on exptrien¢e and other factors, inLluding expe¢tition4 of future eyents tha¢ are believed to
be rea$ortablc under the circunL9tance8. There Are rtu area5 involvinK B higher degree of judgeTnent or
complexity, or area8 where assumption8 and e$timatCs arc significant to the financial infurmation.
Fund accounting
Tht Unrestricted Fund comprises the capital account. which may be u8ed for thc Pay￿entS of grants at the
discretinn of the Trustees. Income received durin% the year 15 credited to the Unrestricted Fund unless
otherwise specified by the donor.
It is the Trustee8' interttion that futurc grant5 will be paid out of the Restricted Fund which comprispB
ncome from speoflÈd donaTlons when fund5 allow. "Income is ai>plied" to.fhe Restrict￿ Fun&-whe"¥i Lt Is
gpecifically requested that a donation should be used in a spccified period.
io

REFORM CLUB CONSERVATION CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 81 DECEMBER gog&
Income
All income i$ included in the %twtement of financial activities wheTJ entitlement has passed to the Clwity, it
15 probable that the ectsnomic benefits aSSOCiated with the tran$actioa will flow to the Charity and the
amount can I￿ reliably Tneasured. Donation8 are recognised when the Trust has ￿en notified in writing of
both the amount and scttlement date.
Expenditwe
Expenditure is reeogrti9ed once there is a legal or construttion ohligRtion to make & payment to 2 third
party, it is probable that settlement will be requirL.d and the amount of the obligation CITL hc measured
reliably.
Expenditure on charitable activitie8 ineludeg all c08ts incurred by a Charity in undertllking llctivities that
further it8 charitable ailns for the benefit ofit$ benefici¥ric5, including those support ¢08t$ and coyt8 relating
to the govern#n¢c of the Chirity apwrtioned to Lharitahle activitlL'$.
Financlal Instruments
'I'he Charity only has finllncial assets and fJDAncial lial)iliticN of a kind that 4ualify a8 ba$ic linanctal
instrumenta. Ba&ic fjnancial in¥trument5 are initially recogni¥ed at transaction v¥lue subsequently
meaiured at their settlement value.
Caoh at Bank
La¥h at bank and ¢a¥h in hand include5 c4sh and Bhort term highly liquid inveitFnent8 with ll 5knrt nuturity
of three rnonth5 or less from the date of acquisition or opening of the depo8lt ur $imilar a¢¢ount.
Creditors
Creditor8 and any provigLon8 llrc recognised where. the Charity ha5 a present obligation reAulting from
paNt event that will probably result in the trart$fer ol'funds to a third p8rty and the amount duc to Nettle the
obligation can be mcaxured or estimated reliably. Crediiorl and provisions are normally reto%ni.8ed At thcir
oettlemcnt amount after allowing for any trade di8countJ due.
4. Donatlonl LegacieB
gog
4098
gogJ
9028
Unre8trlcted
Fund8
Re8trlcted
Fund8
Total FundB
Total Fund$
Donatloni
DonAtiun$ & legacie5
Cyift Aid
g5,700
g7,124
,086
81,160
80,500
1,597
84,0£7
5,4+9
58,478
17.IlJ
gog2 restricted iTLcome consisted of £78,$00 frotn Donations and £,779 from Gift Aid.

REFORM CLUB CONSERVATION CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 81 DECEMBER 2098
Expendlture on Charltable ActivitieB by Fwid Type
9098
gogs
4093
904g
UnreBtricted
Funda
ReAtri¢ted
Fund8 Total Fwxl8
Total Funds
Collection purchll8es
Other ch&Tltable activity
11.999
e,856
77.550
e19,S49
2,856
98.40
9,181
77,SSO
9,181
gO2Q reNtricted expenditure consisted of £'7.bW.
6. AnAly•lJ of Support Coit8
90gJ
so28
TotAI
Total
Cyovernance eosts
75g
6¥(1
Tru8tee•' Remuneratlon and Expen•eB
None of the TruJtce&, i)r pcryonN connected with them, rtceived remuneration or rL•imliursemont of
expenses during the year or pri(Jr year.
The Charity did not have any emplvyccN during the year.
AnalyBlo of Charltable Fund•
At i January
gogo Incon
At
81
December gOSS
Expendlture
Unres¢ri¢ted Fund
Re8tricted Tr"und
16,£.58
90,7£7
g9,474
Yi,160
60,684
119,g071
77,of50
90.787
20,SgO
,.857
70,864
106.98
Atsi
December
9044
At i January
Incorne
Expenditure
Unreytrieted Fund
Restricted Fund
19,019
18.9*8
8,150
79,*79
(5,9111
18,468
Ig