SINCE NDAf Annual Report and Financial Statements For the year ending 315t March 2024 Bernard Sunley Foundation ANNUAL REPORT Reglstered Office Bernard Sunley Foundation Green Park House 15 Stratton Street London W1J 8LQ Board Of Trustees And Directors Mrs Anabel Knight (Chairman) Mrs Bella Sunley MBE Dr Brian W Marttn Mr Willi3m Tice FRCS Mr Inigo Paternina Mrs Lucy Evans Director Ms Sue Davies Auditors Azets 2nd Floor, Regis House 45 King William Street London EC4R 9AN Bankers C. Hoare & Co 37 Fleet Street London EC4P 4DQ Investment Managers Barwood Capital Limited Grafton House Pury Hill Business Park Towcester Northamptonshire NN12 7LS CCL4 Investment Management Ltd 1 Angel Lane London EC4R 3AB Fundsmith LLP 33 Cavendish Square London W1G OPW FF&P Private Equity Limited 15 Suffolk Street London SW1Y 4HG Blackrock Advisors (UK) Limited 12 Throgmorton Avenue London EC2N 2DL Bemard Sunley FoundatloTr ANNUAL REPORT Contents Annual Report 4 Structure, Governance and Management 5 Objectives and Activities Achievements and Performance 12 Case Studies 16 Investments and Financi31 Review 18 Statement of Trustees, Responsibilities 19 Independent Auditor's Report to the Trustees of the Bernard Sunley Foundation 22 Charities funded above £5,000 27 Charities funded at £5,000 and less 34 Grant payments made Financial Statements 39 Statement of Financial Activities 40 Balance Sheet 41 Cash Flow Statement 42 Accounting Policies 44 Notes to Financial Statetnents Bernard Suftley Foundation ANNUAL REPORT Structure, Governance and Management The Bernard Sunley Foundation was founded on 28th July 1960 by the late Bernard Sunley (1910-1964) who pledged £300,000 worth of shares in his property company, the Bernard Sunley Investment Trust, to establish an independent grant making charity. Trustee Board Finance Committee The Foundation retain5 a strong link to its founder A Finance Committee advises the Board on and founding principles. There are six Trustees, the financial and investment policy. The members majority of whom are family member5. The Trustees of the Committee are Brian Martin (Trustee and are Bernard Sunley'5 daughter, Bella Sunley; three of Chairman), Anabel Knight, Richard Tice and the his grandchildren, An3bel Knight (Chairman}, William Director. The Committee monitors the performance Tice and Inigo P3ternina together with non-family of the portfolio along with the Trustees, investment members Brian Marttn and Lucy Evans. advisers and makes appropriate changes. The Committee also monitors the internal financial controls, advises the Board on the appointment of auditors and assesses any potential risks and mitigation. Trustees are appointed by the Board of Trustees and serve for three years, afterwhich they may seek re- election. Trustees are recruited through noTnination to the Board by existingTrustee5 and are drawn from the family and those suitably qualified who would bring appropriate experience to the Board. The Trustees meet three times a year. Governance Trustees are ever mindful of the importsnce of good governance. The Board refers to the Charity Commission's guidance on best practice, the Charities Act 2022 and the Good Governance Code. The day to day running of the Foundation is delegated to the Director and a small team. The Director reports to the Trustees. A number of the founder's grandchildren and great grandchildren also attend the Trustees, meetings to contribute to the discussion about grant giving and carry out site visits to potential grantees on behalf of the Foundation. Bemard Sunley Foundatlon ANNUAL REPORT Objectives and Activities The Foundation supports charities in England and Wales working to raise the quality of life and provide greater opportunities for the young, the elderly, the disabled and the disadvantaged. Each year, the Foundation awards around £4 million to capital projects that deliver a real community focus or provide facilities to support those in need. Grants are made across the Foundation's four funding categories of community, education. health and social welfare. The Foundation maintains a rolling programme and accepts grant applications all year round. The Foundation is an unrestricted grant giver and does not request that charities have raised a certain percentage of their tsrget before pledging a grant. The Foundation awards three levels of grants within these categories. These are large grants of £25,000 and above: medium grants of up to £20.000 and small grants of £5,000 and under. Trustees tend not to fund charities with an annual income ot over £10 million as they prefer to support smaller organisations where funding can have more of an impact. Neither do they fund projects that C05t les5 than £10,000. The large and medium grants are considered and agreed upon at the three annual Trustees, meetings. Where Trustees award large grants, either the Foundation has been involved with the charity over a prolonged period or the project has been visited and discussed in detail at the Trustees, meetings. The small grants 3re agreed by Trustees on a monthly basis and form the majority in nutnber of the Foundation's grant giving. Bernard Synley Foundatlon ANNUAL REPORT Achievements and Performance The Foundation has now awarded over £136 million in grants since it was established in 1960. This year, the Foundation made 378 grants totalling £4.588 million. The amounts awarded per category were: Social Welfare £756k Community Total amount awarded £1.983m Health £637k £4.588m Education £1.212m The amounts pledged were: Large grants Medium grants Small grants £2.325m £1.205m £1.058m Bernard Synley Foundation ANNUAL REPORT Achievements and Performance Grants Approved by Geographical Area The map shows the regional break down of the 378 grants made by the Foundation this year. of all applicants received a grant. Over North East 60.A of the charities awarded this year were organi5ations that the Foundatron was funding for the first time. westY0￿$hire & Hurnber 12% North West East Midlands 10% West Midlands East Wales 10. Other South East (UK WKte. England & Wale5. Englancl. Oworseasl SoL¢thWest 16.A 20/ Bernard Sunley Foundatlon ANNUAL REPORT Achievements and Performance ,niT-:r." This is the Foundation's largest funding category with £1.983m awarded this year acr05S 201 grants. This equates to 43% of the Foundation's overall grant giving. Within this category, Trustees like to fund charities that have made a positive difference to their neighbourhood. The types of projects supported are those that create a sense of community and belonging. Many of these projects provide greater opportunities for families, the elderly, young people and children to get involved in sport, fitness, social activities and organi5ed outings. Grants are awarded to churches for improvements that benefit the wider community. Grants are awarded across seven funding areas: Churches Community Centres Rescue Services Sport Uniformed Groups Village Halls Youth Clubs The arnourlts awarded to each funding aTea weTe'. Youth Clubs Churches £215k £286k Village Halls £371k Community Cent￿5 Total amount awarded £402k £1.983m Rescue Service5 Unsformed Groups £320k £55k s￿)rt £334k Bemayd Sunley Foundatlon AL REPORT Achievements and Performance This is the Foundation's second largest funding category with £1.212m awarded this year across 48 grants. This amounts to 27Yo of overall grant giving. The Foundation likes to support learning experiences. life skills and educational opportunities for children and young adults Particularly those from disadvantaged backgrounds or those with disabilities andl or special needs. Gr3nts in this category often enable outdoor learning, countryside and farm visits where children have the opportunity to be active and try new pursuits. Grants are awarded across seven funding areas: Arts Countryside Literacy M3instream Schools/Universities Music Outdoor learning Special Needs Schools/Colleges Tlie amoLints awarded to each flsnding area were.. Special Needs SihoolslCollege5 £235k Total amount awarded £1.212m Arts £595k Ouldoor Leam*ng £239k Music £25k Mainstream Schoo15 /Universities Countryside Literacy £51k £60k £7k Bemard Sunley Foundatlon ANNUAL REPORT Achievements and Performance The Foundation's awarded £637k across 58 grant5. This represents 14% of the Foundation's overall grant giving. Within this category, Trustees fund project5 that provide an excellent standard of care and support in their communities. These include the creation of outstsnding facilities for those suffering from a range of illnesses such as cancer, mental health or neurological conditions. They also include developing amenitles such as gardens and outdoor spaces that provide relief and sanctuary for patients, their families and carer5. Grants are awarded across ten funding are3S: Animal Assisted Therapy Cancer Day Services for Disabled Hospices Hospitals Medical Aid Overseas Mental Health Neurological Residential for Disabled SightlHearing Loss The an￿lIntS awarded to each funding 3re3 We￿.. Residential for Disabled Cancef £66k £24.5k Neurological £66k Total amount awarded £637k Day Services *or Disabled Mental Health £295.5k £72k Hospitals £17k Other Animal Assisted Therapv Medic31 Aid Overseas Sight/Hearing LDSS H￿pICe5 £80k £16k 8ernard Sunley Foundatlon io ANNUAL REPORT Achievements and Performance The Foundation's awarded £756k across 71 grants this year. This represents 16% of the Foundation's overall grant giving. The Foundation pledges grants to assist the most vulnerable in society such as those seeking help with addiction, homelessness. ex-offenders and vich'ms of domestic and sexual abuse. Grants are also put towards new affordable housing units or other facilities that provide support and improve lives. Grants are awarded across ten funding areas.. Animal Welfare Addiction and Rehabilitation Almshouses Armed Forces and Veterans Domestic and Sexual Abuse Elderly Ex-offenders Homeless Poverty Relief Overseas Social Enterprise Animal Welfare Th¢ amounts awarded to each funding area were.. £16k Armed Force5 and Veterans Socidl Ente.rprise £90k £238k Domestrc and Sexual Abuse £40k Total amount awarded Elderly £756k £50k Ex-ottenders £102k P¢>verty Relief Overseas £79k Homeless £141k Bernard Sunley Foundatlon ANNUAL REPORT Case Study- Community Plymouth Argyll Football in the CommunityTrust In March, the Foundation awarded a large grant of £50k towards the redevelopment of Brickfields Leisure Centre in Devonport, Plymouth. This is a £6.4m project to create a new community and sports facility for local residents. The Trust is the official charity for Plymouth Argyle Football Club. It has been running for over 25 years and has a clear vision to provide a range of sporhng, health and educational opportunities for children and people of all ages across the South West. Brickhelds Leisure Centre before redevelopment. The old leisure centre has now been demolished and work has already started on creating the new facility which will comprise a health and wellbeing space., a community skills room (offering BTEC, NVQS, apprenticeships, 3dult evening classes. life skills and short courses). a gym, sports hall, studio rooms (offering a range of exercise classes), a youth zone, soft play area and rooms for hire to other partners. Outside facilities will also be improved including a new MUGA and floodlit football pitches. The Trust is aiming for a weekly footfall of 4000 visitors a week across the site. 8emard Sunley Foundatlon 12 ANNUAL REPORT Mlll Case Study- Education Ravenshall School A £5k small grant was pledged towards the creation of a new sensory garden at this special needs school in West Yorkshire. Pupils at the school put forw3rd ideas which helped to shape the design and content of the garden. They have also helped to build some of the features. The garden includes a living wall of p13nts, a reading hammock, musical instruments and wheelchair accessible planters. Newplayorea. It has been created both as a restful, nurturing environment as well as a space that will stimulate all the senses. All of the 200 pupils. who are aged between 5-19. will be able to use the garden and benefit from this much needed outdoor area. Bernard Sunley Fotsndatlon ANNUAL REPORT TOMORROW I E CAncER CARE uniT Case Study - Health Hope forTomorrow A £15k medium grant was pledged towards a new lung cancer screening unit for the Greater Manchester area. The mobile unit, which cost £5ook is already up and running and has received its first patients. Hope for Tomorrow is a national cancer charity dedicated to making life easier for those suffering from cancer. It does this by funding and building mobile cancer units and works in partnership with NHS trusts who staff the units and provide the chemotherapy treatment. Potient5 being IrEated mobile concer unit. Hope for Tomorrow designed the world's first mobile cancer unit in 2007. It now has 12 mobile units across 8 locations. This new unit aims to screen 100 people a day, 6 days a week. Bemard Sunley Foundatlon 14 ANNUAL REPORT Case Study - Social Welfare Newport Cottage Care Centre This is a day care centre for the elderly in Shropshire. The Foundation pledged a £5k small grant towards the purchase cost of £38k for two new boilers. This will help to ensure a warm, comfortable environment for the care centre's 70 gular members. Newport Care Centre has been active since 1994 and offers a whole range of activities and events for local elderly residents. These include bingo, flower arranging. exercise and singing classes as well as visits from the local nursery and secondary school. Member5 enjo￿ng activities at the care centre. Bemard Sunley Foundatlon 15 ANNUAL REPORT Investments and Financial Review The Foundation's funds are generated by its diversified investment portfolio. The Trustees, investment strategy is to maintain the real value of the portfolio whilst continuing to provide sufficient funds for grant making. Objectives Over the past five years. the Foundation has supported grant giving of approximately 3Yo per annum of the value of its overall assets. Trustees have adopted a total return approach of making distributions both from the income stream that the porttolio yields and from an element of capital return. Management Trustees delegate investment decisions to the Finance Committee who also advise about the appointment of investment managers and monitor investment performance against agreed benchmarks. The FoL5ndation's investment funds are reviewed at the four annual Finance Committee meetings. The Foundation maintains cash holding5 sufficient to pay the grants and ensure the smooth, day-to-day running of the Foundation. The Finance Committee review a six-month cashflow and financial forecast at each meeting. The Foundation's Director and Finance Officer a150 review the cashflow on both a weekly and monthly basis. Investment Portfolio The investment portfolio is made up of equities managed by CCLA and a developed world index tracker fund with BlackRock. Pooled funds are managed by Fundsmith, property funds by Barwood Capital and private equity by FF&P. The Foundation's running expenses (including staff costs) were £373k and governance costs (including the audit) were £49k. The year end market value of the investment portfolio was £172 million compared to £153 million the previous year. The cost of managing the investment portFolio was £745k compared to £775k the previous year. Fundraising The Bernard Sunley Foundation has not made any fundraising appeals to the general public during the year. and as a result there has been no outsourced fundraising via professional fundraisers or other third parties. Consequently, the charity is not registered with the fundraising regulator and received no fundraising complaints in the year. During the year. the Finance Committee agreed to invest £3 million into Barwood's new Growth Fund V. Bernard Sunley Foundatlon 16 ANNUAL REPORT Reserves Poliry The assets generate sustainable capital growth and income in order to meet the Foundation's aims and activities. The Foundation does not have a specific reserves policy as the whole portfolio could be available to act as a reserve and it is not considered appropriate to identify a level of free reserves that needs to be maintsined. Plans for the Future Trustees wish to maintain the momentum of the Foundation that has been built up over 60 years. In March, Trustees met for a strategy away day to review the work of the Foundation and to set the priorities for the next five years. Staff Remuneration The remuneration of staff is reviewed annually and approved by the Board at the Spring Trustees, Meeting with adjustment taking effect on 1st April of the new financial year. Trustees use comparisons with similar trusts and foundations to Set rates of pay. note the level of effectiveness of staff members and also take into consideration annual CPIIRPI Cost of living indices within the UK economy. Risk Assessment Trustees are responsible for monitoring and mitigating the principle risks being faced by the Foundation. Trustees are satisfied that processes are in place which ensure good governance, prevent fraud or malpractice, retain the good reputation of the Foundation and ensure compliance with relevant legislation. Bernard Surlley FoufidatloTr 17 ANNUAL REPORT Statement of Trustees, Responsibilities Under charity law. the Trustee5 are responsible for preparing the Annual Report and Financial Statements for each financial year which show a true and fair view of the financial activities of the Foundation during the year and of its financial position at the end of the year. Auditors Azets have indicated their willingness to continue in office and offer themselves for re-election as auditors in accordance with Section 485 of the Companies Act 2006. By order of the Tru5tee5 In preparing these financial ststements, the Trustees are required to.. Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent. Observe the methods and principles of the Ch3rities SORP. State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the Foundation will continue in operation. Anabel Knight Chairman 13th November 2024 The Trustees are responsible for keeping proper accounting records that 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. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrify of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in otherjurisdictions. 8ernard Sunley Foundatlon 18 ANNUAL REPORT Independent Auditor's Report to the Trustees of the Bernard Sunley Foundation Opinion Conclusions relating to going concern We have audited the financial statements of the In auditing the financial statements, we have Bernard Sunley Foundation (the 'charitable company'l concluded that the trustees, use of the going for the year ended 31 March 2024 which comprise concern basis of accounting in the preparation of the statement of financial activities, the balance the financial statements is appropriate. sheet, the cash flow statement and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financi31 Reporting Standard 102 'The Fin3ncial Reporting Standard applicable in the UK and Republic of Ireland, Iunited Kingdom GenerallyAccepted Accounting Pr3cticel. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. In our opinion, the financial statements: _give a true and fairview of the state of the charitable company's affairs as at 31 March 2024 and of the charitable company's net movement in funds, including the income and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Gener311y Accepted Accounting Practice., and -have been prepared in accordance with the requirements of the Companies Act 2006. Other information The other information comprises the in*ormation included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not Basis for opinion cover the other information and. except to the We conducted our audit in accordance with extent othewise explicitly stated in our report. we International Standards on Auditing (UK) (ISAS (UKII do not express any form of assurance conclusion and applicable law. Our responsibilities under thereon. Our responsibility is to read the other those standards are further described in the information and, in doing so, consider whether Auditor's responsibilities for the audit of the the other information is materially inconsistent financial statements section of our report. We are with the financial statements or our knowledge independent of the group in accordance with the obtained in the audit, or otherwise appears to be ethic31 requirements that are relevant to our audit materially misstated. If we identify such material of the financial statements in the UK, including inconsistencies or apparent material misstatements. the FRC'5 Ethical Standard, and we have fulfilled we are required to determine whether thi5 gives our other ethical responsibilities in accordance rise to a material misstatement in the financial with these requirement5. We believe that the Statements themselves. If, based on the work we audit evidence we have obtained is sufficient and have performed, we conclude that there is a material appropriate to provide a basis for our opinion. misstatement of this other information. we are required to report that f3Ct. Bevnayd Sunley Fotsndation 19 ANNUAL REPORT Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit= the information given in the trustees, report. which include5 the directors, report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements: and the directors, report included within the trustees, report have been prepared in accordance with applicable legal requirements. Responsibilities of trustees As explained more fully in the trustees, responsibilities st3tement, the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the prep3r3tion of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intetid to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Matters on which we are required to report by exception In the light of the knowledge and understanding of thA charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors, report included within the trustees, report. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are f￿e from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept by the charitable company., or the charitable company's financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees, remuneration specified by law are not made; or-we have not received all the informatiori and explanations we require for our audit; or the trustees were not entitled to prepare the financial statements in accordance with the small companies, regime and take advantage of the small companies, exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. A further description of our responsibilities for the audit of the financi31 statements is located on the Financial Reporling Council's website at www.frc. org.uk/auditorsresponsibilities. This description forms part of our auditor's report. Bernard Sunley Found8tlon 20 ANNUAL REPORT Extent to which the audit was considered capable of detecting irregularities, including fraud Irregularities, including fraud, are instances of noncompliance with laws and regulations. We design procedure5 in line with our responsibilities, outlined above and on the Financial Reporting Council's website, to detect material misstatements in respect of irregularities, including f raud. removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Use of our report This report is made solely to the charitable company's members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to st3te to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. In response to the risk of irregularities and noncompliance with laws and regulations. including fraud, we designed procedures which included.. Enquiry of management and those ch3rged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud. Reviewing minutes of meetings of those charged with governance; Assessing the extent of compliance with the laws and regulation5 considered to have a direct material effect on the financial statements or the operations of the charitable company through enquiry and inspection; Reviewing financial ststement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations. Performing audit work over the risk of management bias 3nd override of controls, including testing of journal entries and other adjustments for 3ppropriateness. evaluating the business rationale of significant transactions outside the norm31 course of business and reviewing accounting estimates for indicators of potential bias. 42th A_LTr kn_ John Howard (Senior StatutoryAuditor) For and on behalf of Azets Audit Services Chartered Accountants StatutoryAuditor 2nd Floor, Regis House 45 King William Street London EC4R 9AN Because of the inherent limitations of an audit. there is a risk that we will not detect all irregularities, including those le3ding to a material misstatement in the financial statements or noncompliance with regulation. This risk increases the more that compliance with 3 law or regulation is 13th November 2024 Bernard Sunley Foundatlon 21 ANNUAL REPORT Charities funded above £5,000 Community Chiirch Ichiircli H¢il1s ,Iiid ComtnLllllty ProjÉ'ctsl AN Saints Chur¢h. CanterbEEry Repair5 to church and community centre Easton ChristiaTr Famify Centre Modernising the communib¢ space H.O.Roe Charity Refurbishment of community centre £io.000 Huby and Sutton Community Shop Ltd Developme.rit of community shop £io.(x)o £25.(M)O North¢hurch Community Centre Two storey extension £10,￿0 £25.CM)O Shurdington Community Centre Century Hall extension £io.cK)o Milnthoype Parochial Church COU￿11 Iinprovement of coininunity rooms £15.000 The Poppleton CommunityTrust New extension £iO.LK)O Presteigne and Norton CommunityTrust Creation of community gpate £15.000 FipEri Jp £prvirp Saints Augustine. Chesterfield Creation of a new community space £15,CM)O l)uddon and Furness Mountain Rescue Team New headquarters £50.￿0 Christ Church, Bradford onAvo Creatioi) of new communify space £io.000 Sport Heetwood Town CommunityTrust New community and education centre PlymouthArgyle Football in the CommunltyTrust New community and sports centre 5tAldhelm's Church. Edmonton Rep3*r and restoration of roof and spire 5tThomas' Church. Crosscrake New community building St.Andrew's Kettering New floor*ng and iinderfloor heating 5t. Mary Magdalene Parochlal Churrh Councll, Cobham Renovating the tin taberr>acle £io.000 £50,OJO £io.000 £50,OJO £io.000 Skipton Community Sports Hub New community sports cer*tre £50.(KJO £io.000 Sandylands Sports Centre New extension £30.000 Stones Methodist Church Creation of a new commvnity space £io.000 Chilcompton s￿rts New astroturf pitch Norwich City Commufilty Sports Foundation New a5troturt pitch £15.(K)O Walpote St Peter Parish Hall New parish hall £io,o(yJ £15,000 Yolk Community Church Improvements to r¢cently piirchased building £10,0￿ The Eton FlvesA550ciatlon Llmlted Three new Five5 court5 at Holyport College £15,000 nrnmi iryitv fpntrp Albert'5 of Salford CIO New sports pitch and pavilion £10,000 stAlbans CommunityAssoctation Refurbishment of tommunity centre and a new extension Chinley. Buyworth & Brownside CommunityAssociatfon New community centre £60,0(YJ Boughton and Eastwell Cttcket Club New cri£ket povilion £10,000 £50.000 Horrabrld¥e Recreatton Fteld Trust New sports pavilion £10,000 ChristtanAction and Resource Enterprise Renovation of new svpport cer)tre £50,000 Sttske sub Hamdon Sports and Recreation Trust New skateboard park £10,000 Winscombe CommunityAssoclatSon New community space £30,000 Topsham Swimming PoolAssociation Swimffling pool plant room refurbishnient £10,000 Queen's Crescent CommunttyA550ciation Kitchen and Cafe extension £20.000 OpenTrail New bike park and community centre £9,000 Cullercoats Watch House Renovation of the Watch House £15,000 FtshburnYoLtth and Community Centre New extension and Internal renovation £15,000 KÈbworth CommLtnlty Llbrary Relocahon of library Glebe Chapel Development of the second floc¥r £15,000 £iO,CK)O Bemard Sunley Foundatlon 22 ANNUAL REPORT Uniformed GrouDS Youth Club 6th Ramsgate Royal Harbour Sea Scout Group RestoratiDn of lort for the fundraisiftg appeal Salmon Youth Centre Support tor the fundraising appeal £IO,CO) Salmon Youth Centre Support for the fundraising appeal 43rd Bristol 1st Mary Magdalene Stoke Bishop) Scout Group £15.000 New scout headquarters £30,000 Central Yorksliire CoLsnty Scout Council Returbtshment of changing rooms Middlesbrough District Scout Council Extension lo the 5COlIt headquarters 103rd ReadiY¥g (Oxford Road) Scout Group New SCOLII biiilding 14thVale OfAyle5bury Sea Scout group New scoiil hut £15.000 £20.000 £15.CA)O £15.000 £io.coo £15.000 £io.c((J £io.000 6th Ramsgate Royal Harbour Sea Scout Group Installation costs tor new lift at the Ice House £io,o)o Flr5wood Scouts125th Strerfordl Scout hiit rebuild £10,000 Community total £1.344,000 Barrowden Village Hall A Dew village hall ChittleharnptonVillag¢ Hall Re.novation of hall £20.000 £15.000 Clipston VIHage Hall New extension and refurbishme•t £15.￿0 Hassocks CommunityAssociation Extension and bathroom renovatt'on5 £15.000 Norton Willage Hall Coinmiinity centre refufbishifftent £15.(N)O Staveleyvillage Association Refurbishment of sport> pavilio Bla¢kfordby Old School Rogm Refurbishment of the 'Old School Roo £15.0 £io.(D) Boston Spa Village Hal Relurt)sshment of Jijbilee Room, £iO,(XN) Hutton Roof Village Hall Extension and 5nternal renovation5 £io.co) Stinthcombe Willage Hall Extension ai)d major Improvements The War ahd Spottiswoode M¢moiial Hall New exten510n £io,coo EIO.O(M) Bem8rd Sunley Foundation 23 ANNUAL REPORT Charities funded above £5,000 Education Outdoor Learning Actlon4Youth Renovation of the George Arney Centrp. Jamie's Farm Refurbishment and development of Lower Shockerwick Far £60,(KK) National Gallery Three year funding at £125k per annum £375,000 £50.0 Lowther Gardens. Lytham A new studio theatre and education extension £75,000 Thewiney Hill Chrfstian Adventure Centre New accotnmodation pods £50,000 Newburysprlng Fes￿1 Three year funding at £25k per annurn Natlonal Garden Scheme Support for the Centenary Circle c&mpaign The Weardale Museum Roof replacement £75.000 Adventure P￿$ New bathroom block £20,000 £20.CM)O BrathayTrust New high ropes course £20.000 £15.iJ)O Shauowfoyd Trust Refurbishment of the farmhouse £io.000 NewAdventures Charity Support for new public dance project Queens Hall Arts Roof replacement £iO.CK)O The Lake District Cal¥ertTrust The Big Give Christmas Challenge £8,000 ElO.IX)O Si)f'i-i,Il NL'f,d% S(.hoollColl, Exeter Royal Academy for Oeaf Educalion New learnirig and residential centre Royal Opera House Renewal of annual corporate membership £io.Ixx) £50,000 Portland College Development of accommodation block st Rose's Special School Refurbishment of buildings at st Martin's College Friends of Castledon School New sensory play area £50,000 The Leeds Ltbrary Renovation of newly purchased biJildinE Doorstep Library Netwo Revenue support forfundraising and development costs £50.IXKJ £50,000 £io.o(K) £10,000 Mainstre3m Schooll Uiiiversity University of Buckingham Support for the'M3rgaret Thatcher Chair for the Constitijtion of Libertv, Ktlton Thorpe SpeciallstAcademy Refurbishment of hydrotherapy pool The Rldgewayschool Fund New secondary playground Variety, the ChlldTer4's Charlty Purchase of two coaches £10,000 £30,LXh) £iO.LK)O University of 8uckingham Support for the'margaret Thatcher Chair for the Constitution of Liberty, £io,o(x) £io,coo Walton Leigh khool Parents Staff A5s0ciatton New sport and recreational area £iO.(M)O The Music Works c￿atin￿ the Cinderford Music Hub £25,000 Education total £1,133,000 ernard Sunley FoundatloA 24 ANNUAL REPORT Charities funded above £5,000 Health NeuTolo£ical Horatio s Garden New B3rden lor Princes5 Royal Spinal Cord Injuries Centre É50.000 C.IllCL Hope forTomorrow A new iiiobile l)ealth screening unit £15.000 Residential for Dis.I l)Ii,d Oakfield (Easton Maudttl Limited Independent living flats (Phase 41 Stanley Grafige CommunityAsyxiation RefurbishiiTrent of three residents, houses £20,000 Tor IJIsL41Jiea Gympanzees New inclusive play exercise centre £ioo.000 £20.000 Mosaic 1898 A i)ew respite care facility and day care support Ferring Cout)try Centre Ltd New fiti)e5S Studio £60.(M)O Stockdales of Sale,AltrÉn¢ham District Limited Returbishment of a six bÈdrootn residential home £15.000 £20.(MX) West Berkshire Mencap New therapeutiL gardtning space £iO,OCM) Hastings and Bexhlll Mencap Society Refurbishment and extension £15,(XX) Health total £513,500 TNst Links Limlted New cotntnunity building and garden for Canvey Island Ripon Community Link A new Shop and cafè £15,OlX> £io.(xx> The Goed Lite Ltd Sijpporl for four projects The Thomky Hall Centre Limtted New water p13y area Disabllltychallengers Big Give Christma5 Challenge £io.o(x> £iO.O(KJ £8.5(Xl Hospice Overgate Hosplce Redevelopment of daycare unit £50,0( Hospite of St Mary of Fumess New entrance and improved reception area st. Mi¢hael's Hosplce, North Hampshire RefurbishrneTrt of inpatient roorns £15.000 £io,o(xi Mentcil Health Vale ofclvryd Mlnd Thfr Bijttefmilk Culture. Heritage aiid Wellbeing Centre Samaritan5 of Slough, Windsor & Maidenhead Brdnth refuTbishment £50,000 £10,000 Beynafd Sut)ley Foundatlon 25 ANNUAL REPORT Charities funded above £5,000 Social Welfare Povertv Relief Overseas Book Aid International Three year fLJnding at £15k per annu Funda¢ion Emalaikat Three year funding 3t £5k per annum £45,000 Armed Forces and Veterans Whlte Ensign Association Three year funding fof 2 Regional Manager post5 at £20k per annum £60.0(KI £15,000 Royal Brltish Le8ion Industries A new community centre 3nd women only acconimodation lor the Centenaryvillage £20.0 Hudswell Communitycharity Converting the parish thurch into a hostel for walkers Home-start West Berkshire Thrèè year funding at £lOk per annum JoÉnt Activities and Motor Education Servlce Renovation of the Tramshed to create more learning spaces £50,000 Care forveterans Heating and boiler upgrade £io.000 £30,000 Domestic aiid SexLl£il AbL15e £20,000 Bromley and Croydon Women's Aid Creation of a dedicated counselling space Yellow Door New therdpy and trai*ing centre £15.OCK) Cleanup United Kingdom Three year fLinding at £5k per annLim Watford Sheltered Workshop Limlted Mezzanine extension £15,000 £15.1XO £10,000 DaventryArea CommunityTransport New m*nib115 £IO.C(D Social Welfare total £540.0(X) Ex-offenders One Small Thing Hope street - a new residential and 5UPPOrt centre for worne £ioo.o Hope Hou51ng (Bradfortll Ltd PuTcliase of the Mi11side Centse £S0,IKK) YMCAWelllngton and District New affordable housing Maw Day Centre pu￿base of a house for temporary accommodation £50,OLK) £iS,IXN) SHAPE c￿ating three additional bedrooms at SHAPE hostel £iO,OLK) Bernard Sunley Foundatlon 26 ANNUAL REPORT Charities funded at £5,000 and less Community PCC Boxford New comtnunify and edutation space £2.000 Hc)Ils 3ncl Ciiiiiinlinity Pi i)jectsl St Mary's Church. Anstey Bathroom refurbishment Coiiifflunity Cei)Irc' Boosbeck Community C¢ntre Kitchen redesign and refurbishment Booth Centre Kitchen refurbishment £5.OC() £5,000 Criftins Parish Hall and Playlng Fleld Creation of a new community space Emmanuel Group of Chuiches New acie55ikile Shower and bathroom refuYb*shment £5.OCQ £5.000 £5.000 Chopwell Regeneration CIO Replacement roof Hnd 50Ior pane15 Feeding Coventry Kit£liefi refurhishtnpnt at Foleshill community centre GLII Community Project Boilei ieplacement and heahng upgrade Hampton & Hampton Hill VolLtntary Care Roof replacement £5.000 Jubilee Church IACMI Replacement of hve heaters £3.500 £5.000 Knighton on Teme Parish Rooms Llpgrading hall iiisulahon 31)d kitthen facilitie5 £5.000 £5,1)00 Lopen Parochial Church Counctl Refurbishment of community hall Manley Park Methodist Chur£h Rep&ir and refurbishment work £5.000 £5.000 £5,000 Insleton Rurdl CommunityAssociation New flooring and heattng Knoll Cornmvnity Association New windows £5,(K>O New Lite Community Church. Milnrow Community hub refurbisliment project St Paul's Church. Winchester Lighting upgrade St Cedd's Church. Essex Installation of new hEab'ng Shefford Methodist Church Heating upgr3de £5.000 £5.(XK) £5.000 Lambton Street Youth & Community Hub New minibus £5.(XYJ £5.Tr)0 Leyburn Art5 Centre Ltd New bathroom £5,(KK) £5.lJ)O Pelsall CommunityAsso£iation New air condiboning units Rowlands Gill Community Centre Roof repairs £5,C(K) Stjohrb's Church. Grays North Resurfacing the car park St Mary's. Kenfoyd New bathroom £5.IX)O £5.(NJO £5,IX)O SeEhill Colliery Institute Bathrootn replacernent £5.0(YJ St Mellitus. Hanwell Creation of a new garden space St Mlchael & All Angels, Great Creato Cre3ti01) of 3 new meeting room St Peter's, Hillfields Kit£hen renovation £s,Ix)o St Mawe5 RecTeatlon Ground Committee New community ientre £5.000 £5.000 StreetLight Project Installation of disabled acces9 and a bug￿ lift The Marske Centre Roof repairs £5.000 £5.000 £5,000 The Ch3Tity ot MaryAnn Rawson forwlneobank School Trust Renovahon of upper floor St Gregoryand St Martin ChU￿h, Wye Roof repairs £5,000 West Hallam Centre and Recreation Ground New roof £5.000 £s,rx)o Sl Marfs Millennlum Centre New main door5 £2.000 St Peter'5 Church. Brackley Repairs a￿d conseNation £S,ODO Avon & Somerset Search ar￿ Rescue New search and re5ciie vehicle £5.OC() Wade Street Church Boiler replacement £S.IX)O Whaley Brldge UnÉtlng Church Roof replacetrent Maidstone Family Churth InsulalinÈ the cliurch roof Staement's Church, Sandwich Organ woA¢s £5,000 £3,000 £2,500 BerAard S￿￿eY FoundatioD 27 ANNUAL REPORT Charities funded at £5,000 and less SDOrt 26th Blabyscout Group Improvement5 to scout hut £5.Ctio Bedgrove Resid¢nts and CommunityAssociation New piimp track Capital Kids Cricket Cricket net rebuild £5,0(Xl 3rd Cheam Scout Group Updahng ol electr￿(5 44th Norwlch Ilst Old Cattohl Stout Group New roof and in5¥1ation £5.(￿) £5,0(Kl £5.(MJO Catzero Ltd Refithng of Challengeryacht DilhamVÉllage Hall amd Playing Field Committee New equipment torvillage p13ygroiJnd £5.0(K) 5th Medway StoutGroup Scout annexe rebuild £5.(XJO £5.000 6th Lewe5 Scout Group New heating £S.(XJO Hindhead Playlng FieldsAssociation Repair and refurbishiDent of sports pavilion £5.000 Cheddin8ton Scout Group Renovation of scoitt hut £5,(JJJ Newbald Playlng Fleld Ass*xiation New storage facility RlppingaleJubilee Playin8 FieldTrLESt New pavilion and co￿[n￿nIty facility Southend United Commurlity & EducationalTru5t New minibu5 £5.000 Chesham Division of the GuideAssociation Bathroom refurbishment £5,Cl £5,000 Humber5ide Scouts New path lo the top field Milford H3¥en Sea Cadet Corps Bathroom ￿furbIShMent £5,(YJO £5.OCK) £5,L The Rudyard Lake Twst New adventLire playground £5.0 Newbuyn and DistrTrct Sea Cadet Corps ReplacEment of flat roof £5,(XJO The Eton Fives ASSOC￿ltiOn Ltmited Th￿e new Fives COLirts at Holyport College £5.OC() Tenby Unit453 of the Sea Cadet Corps ReplJcomcn. windovJ: Barnsley Sea Cadets Instslling a new kitchen £5.(K]O Unifornied Groups 1096 (Bishop's Stortfordl SwadronAir Cadets Nèw minibus £4,21X) £5.0(X) Martock Scoutand GuÉde Centre Rettjrbishment of scout hut £3.QJ) Ilth Bristol IHeadEey Parkl Air Scout Group Roof replaceirent Ilth Rotherham tWale5 St. Johns) Scout Group Replacement ot Scout hut 12th Gosport Scout Gmup Roof replacetnent £5.(ICM) Nuneaton and Bedworth unlt 616 of the Sea Cadet Cops Creation of an acce55ible wet room £3,(tM) £5.(KX) £5,0(K) Arnside Educatlonal Instrtute Reroofing and rernov31 of old chimney Ashampstead Re£reationalTrust A new playground ES,ITX) 1st Broadbridge Heath Scout Group Roof Teplacetnenl £5.orJ) £5,CU) 1st Burley Scout Group Outdoor extension £S,OCK) Bealings Wiltage HallTrust P4ew roof and doors £s,i))o 1st Eaton Brny & Edlesborough Scout Group Replacing the floor 1st Hersham kout Group Roof replacetnent £S,0(X) Berrow CommunltyAssocFation Ltd ImpTovetnent5 to village hall BramleyVFllage Hall Tnjst P4ew kitchen £5,000 £S,OCK) £5,000 1st Horton Kirby Scout Group New kitchen and bathroom £5,OC4) Burton-In-Lonsdale Willage Hall Village h311 fftfurbishment Byers Green Club Weatherproofing and insulating the social club BythornVilla8e Hall RelLsrhishment project £5.000 1st Mendl¢sham Scout Group New scoiit htsll £5,OCK) £5,000 1st Shelford & East Bridgford ScoutGroup Refurbtshment of new scout headqu&rters 1st St Lawrence scouts and 6th Ramsgate Guldes Roof replacement IstThorntDn Cleveley5 ScoutGrovp Roof replacement £5.000 £5,000 £5,OCK) Church Eaton Reading and Recreatton Room £5.000 W&ndow replacement Compton Martin Willage Hall A new playground £5,000 £5,000 bernard Sunley Foundation 28 ANNUAL AEPORT Cowpt Community Hall CowpF Institute renovation £5.000 Sunnyslde Hall, Rusthall New extension £5.000 Croydon Reading Room New hpating system Dat¢hworth Village Hall Re.511rta£ing the car park Dennlngton Jubilee Village Hall Roof replaceinent East Keswick Willage H311 Purchase of adjacent land Edgevillage InstFtute Kitchen refurbishment £s.000 Tallarn Green VElla￿ Hall Reylacernent of flouring Taverham VÉltage Hall Committee Refurbishment projett The Freshford Willage Memorlal Hall Replacement of floor in the main hall The Institute New bathrooms £5.000 £5.000 £5,OC £5.IX)O £5.OCH) £5,(K)O £5,IX)O £5.lY)O TheWill#ge Hall, Belstone Installation ol new windows and doors £5.IX)O EEmantonVtllage Hall New heating thiid lighting Goldhangef Willage Hall New kitchen £5.000 Thorpe Village Hall ImpTovement works to acousbcs £5.000 £5.0(KJ Wyverstone Village Hall New extension lor larger kitC￿n Croxton KerrÈal Willage H311 New bathrooms £5,000 GuarlfordVilla8e Hall Refurbishffjent work £5,OCO £4.000 Hacknessvillage Hall Roof replaceme.nt Hale Village Hall New Forest £5.OC() Longfietd Hill Community HallTruste Outside improvements Gardenvillage CommunityAssociation Replacement of large seLtion uf parqiiet flooring £4,000 £5.0(K) £3.000 Helmdon Community Foufidation Refurbishment of the reading room HolbetonVilla8e Hall Roof replacement Hughenden Village Hall Car park resurfacing LeavenheathVilla8e Hall A new heating syste Lidgatewillage Hall External returbishment £5.0(K) Yoiiili Cliih £5.0(K) Nottinghamshire Club foryoung People Floorin8 replacement Petton CommunityAssociation A new outdoclr space PtiorityYoLrth Project A new iiiobile youth tlub The Exodvs Project New Ininibus £5,000 £5.000 £5.000 £5,000 £5,000 £5.000 £5,000 Littleyeldham Village Hall RetUrb￿shMernt project £5.000 The Harrington Youth Club Outside repairs to the yOLSth club Young Bristol Returbishment of Poole Wharte £5.000 Mark CommunityAssociatio Heating upgr2de MaryTavy Victory M¢morial Recreadon Ground Trust Replacing the hall yoot Norton Community Hall Renov£ition and improvements Parish Rooms (Farnham) Resurfacing of car park Shlllingford and Petton Victory HaH Refurbishment of village hall St Mabyn Peace Memorial Hall Refurbishment projeLt St Mary in the Matsh Prolect Fund New village hall St Newlyn East Vilage Hall New rotsl £5,000 £5,000 £5,000 Community total £639,200 £5.000 £5.000 £5,0(M) £5.CKK) £5.OlJ) £5.(KM) Bernard Sunley Foundatlon 29 ANNUAL REPORT Charities funded at £5,000 and less Education SDecial needs Schoollcollege Bennerley Fields School New minibus É5.000 Arts Opera Prelltde Core funding £5,0(X) Clarendon School New primary school playground Friends of Raven5hall A new sensory garden Friends of Vlctorla School Library refubishment £5,000 £5.000 TUSK Trust Core funding Roy31Agrfcultural Benevolent Institution Core funding £4.0(X) £5.000 £3.000 Oakletrgh School Patent-staff Association A new wheelchair adapted electrtc tnitjibus £5.￿0 Mainstream Schoolluniversity The Difference Education Core funding Posltlve Behavloursupport for Leaming Creating an additional classroom Springwood prlmary school A rlew play and fitnes5 area E5,C()O £3,5(X) £5.COO Wobjereote Primary School Parent TeacherAssociation Library refubishnient £3.000 Education total £79,500 Mission Direct A girls bathToom for a scondary school in Vganda Allegra'sAmbition Core funding Universities and Colleg¢s Christian Fellowship Core funding £2.500 £1.500 £i.000 Outdoor Leariiing Bath City Fami Instsllation o* a new yurt £5.000 Friends of Ham Hill A new outdoor activity Space £5.000 Kingswood Trust New outdoor bathroom facilities £5,000 The Marfoomugh Centre Improveinent of OL4tdoor Space £5.000 Oarsome Chance Big Gpie Christmas Challenge £i.000 Bernard Sunley Foundatlo 30 ANNUAL REPQRT Charities funded at £5,000 and less Health Macular Disease Society Core funding Biitish Heart Foundation Core funding Diabetes UK Core funding Diabetes UK Core funding £i.000 , ted Therapy Hounds for Heroes New accessible vel)icle E500 £5.(K)O £200 Rlde Hlgh Limited New roof and children s clubroom £5.0(X) £100 Cancer The Che5tnutAppeal for Men's Health A iiew van E5.000 edii .11 Aiil OverseLIS Pickups for Peace Four wheel drive vehicle for Ukraine £1,000 Ralph Bates Pancreatic Cancef Research Fund Core funding Oddballs Core funding Pro$tate Cancer UK CoTe funding £3.000 £i.(k)o Escape Intervention Seryices Ltd New 3Ctessible minibus £5,000 £500 Grow New training space and meeting rE)om MIND- National A550ciation for Mentsl Health Core funding The Charlie WallerTrust Core funding MIND - National Association for Mental Health Core fundin8 MINI)- Natlonal AssocFation for Mental Health Core fundin £5.000 1111 Disabled £700 Adventure Therapy New vp.h%cle £5.0(K) £500 Coundon Care at Allesley Par* New minil)L15 £5.000 £5CO Exeter Gateway Centre Nf.w exleRsir)n £5.000 £500 Live: New people carrier £5.000 MIND- NationalAssociation for Mentsl Health Core funding EIOO Splash (Spetial Play and Leisure After School Hours) Creating a sen50ry room TeessÉdeAbllity Support Centre New minibL*S £s.000 Nt'iiioIuLiL,II HeadwayThamesValley Roof replactmer¥t ht charity's headqL*arters Heref0rdshI￿ Headway Roo* irnprovement5 Togethei DeMen￿a Support New minibu5 £5.iJ)O £5,000 The Befriendlxg Scheme New minibus £5.(NX) £5.000 The Emilyjortlan FoLFndation New minibu5 £5,(YYJ £5.000 The Odell Trnst New min¥bu5 £5.0(h) Royal Hospital for Neuro-dlsability Core fundiiig £1,000 Swin8$ & Smlle5 Respite provi5+0n £2,OC Rp£idpnti.Il fnr r)iEabled Rulus, Friends Fund Core funding £1, Lifelites Providing assistive techfmilogy £5,000 Sightl Ho.¢ifii)L l.oss Pearey Hous¢ Centre Forvlsually Impasred New minibus £5,000 Designabilitycharlty Ltd Wizzybug rodesign prO1￿t My Name'5 Doddie Foundation Core funding Starlight Children's Foundatfjon Cofe funding £5.000 Health total £123,600 £5.000 £5.000 Bernard Sunley FouThdatlon 37 Charities funded at £5,000 and less Social Welfare Poverty Relief Overseas Amlgos de Calcyta Core funding Embrace the Middle East Core funding £4.0￿ Traintng of Rural Women In Uganda Core fLJnding £4.0(K) Watsan Uganda.. UK Support Core funding £5.000 Animal Welfare American Fondouk Core funding FundacÉon Santvario Vegan Core funding FundacÉon SOS Canya Core funding Perr05 y Letras Core fLJndinE £5,000 £5,000 E5.000 £3,000 £3.0(K) Fundac￿orfr Emalaikat Core funding £1,000 r)ompstir and £exiJal Ahiftqp. Social Enterprise £5.000 BentileeVolLtnteers CIO New van Nenevalley Chrlstian Family Refuge Ltd Reftjrbishment of Eve'5 Women's Centre £5,000 The Dash Charity Resurf3cin6 the driveway to Hera House £5.0 Bevefley Communlty Lift PQew wheelchair acce55ible vehiclÈ £5,000 ldp.rl Churchtll and Langford Minibus Society ew accessible mirlibus £5,000 Age Concern North Norfolk Kitchen ￿￿O>VatiO £5,IX)O Daventrycontact New delivery van GASP Motor ProSett New portacabin for tfaining Glossopdale Furnlture Project New transit van £5,000 Age ConcernTwyford & DÉstrict New wheelchair aicessible minibus £5.￿0 £5,000 Age UK Camden Core fijnding Buymantofts SeniorAction New minibus £5,000 £5,C(K) £5,000 Humans MCR Npw delivery van £5,Ctx) CommunttyVoluntaryActfjon Ledbury & Distslct New minibus £5.000 Keep Mobile CommunityTransport CIO New rninibus £5,(XX) Newport Ishropsl Cottage Care Centre Trust Ltd New boiler for the C3Te centre £5.000 Lydney Dial a Ride and CommunltyT¥ansport New tninibus £S,CK)O Old Coulsdon Centre New minibus £5.000 MammaKind New delivery van £5,000 otleyAction lor Older People New minibL45 £5,000 My Giftbox CommunÉty Projects Creating a le3riiing space Saints and SinnersTrust Core funding South Somerset CommunltyAccesslbleTransport New minibiis £5,000 £5,000 FootprÉnt5 Project Core funding £2,000 £5,000 Homele5S SupportThrough Court CoTe fLindifig TearFurKI Core fiinding The Felix Project Core funding TrowbridgeArea Community Link kheme New minibus £5,000 CatchingLives Roof for homelessness day centre £5,000 £5,000 Happydays Ministries UK Creation 013 new social supermarket £5.0(Xl £5,000 Renova Trust Purchase of a four bed house £5.000 £5.000 Crisis UK Core funding £i,o(x) Trussell TNst Core funding £5,000 Bernard Suthley Foundatlon 32 ANNUAL REPORT Vlverston Ford Park Communtty Group All weèthei walking trail British Benevolent Fund in Madrld Core funding Fundacion Cementer105 BrTrtanicos en Espana IBr1ti5h Cemetery Madrid Core funding Spur8eons Core funding British Ladles Assocation Core ftjnding Archle Lloyd Charitable Foundation Core funding Cros51bghtAdvice Core funding Fund8c￿￿ Pan y Peces Core fundirsg £5.000 £4,000 £4.lJ)O £3.OC() £2.000 £1.500 £i.000 £i.000 The Drinks Trust Core funding Home-start West Berkshire Core funding Make a Wish Core fundin8 £500 £5(X) £i(x) Social Welfare total £215,600 Bernard Sunlty Foundation 33 . .AhNUAL RE"poI'Y..,"" Grant payments made National Gallery One Small Thing Benenden School (Kent) Ltd Christian Youth Enterprises Sailing Centre Exeter Royal Academy for Deaf Education King's School, Canterbury New Pathways Nightingale House Hospice No¥th Yorkshire Hosp5ce Ca St George's Church, Fatfield PCC The Stable Family Home Trust £iio,000 Country Trust Denham Comrnun*ty Council £15,000 £ioo,000 £15,000 £50.000 Ernbrace the Middle East £15,000 £50.000 Ernmaus Dover Ltd £15,000 £50.000 Hassock5 CommunityAssociation £15,000 £50.000 H05pice of St Mary of Furness I St Mary's Hospice) £15,000 £50.000 Maggs Day Centre Mortit¥¥er Society £15,000 £50.000 £15,000 £50.000 MoL*nt Elim Evan8elical Church Newbury Spring Festivèl Northgate United Reformed Church, Darlington NortoB vil￿8¢ Hall NO￿l£h City Community sports Foundation Orwell Mencap Pre5teigne and Norton CommunityTrust Rainbow Living SW Saints Augustine Church Salmonyouth Centre £15,000 £so.000 £15.000 £50.000 £15.000 YMCAWellington & Distri£t 8ovey Tyacey Paradiso Arts Limited South Marche5 District Scout Council £50.000 £15.000 £40.000 £15.000 £40.000 £15,000 st. Andrew's, Kettering 6th Ramsgate Royal Harbuur Sea Scout Group Tempus Novo Ufton Court Educational TrL¢St £40.000 £15,000 £35.0(X) £15,000 £35.0(X) £15,000 £35.0(KJ £15.CX)O Race Against Detnefttia St John's Hospice. London The Royal Marines Charity Caryford Community Hall Association David Nott Foundation £30.O¢J) Schoolreaders £15.(KX) £30.(X)O Second Chance Childrens Charity £30.(M)O Shallowford Trust £15,(XX) £15.(XK) £25.(X)) st Jude's Church. Plymouth £15,¢ £25.(X)O stockdales of Sale, Altrincham District ￿Mit&d £15.¢JX) Fundacion 505 Canya £25.(X)O Tenbury Cornrnunity Pool Ltd The Fortune cent￿ of Riding Therapy £20.(X)O The Sara Lee Trust Fund £15.Ct)o The Chadit WallerTrust £25.( £15.IXM) ellenor Hope forTomorrow NorthamptonshI￿ Association of Youth Clubs Old Royal Naval College, Greenwich TheAVen￿eS YoÉJth Project White Ensign Association Womencentre Limited £20,(X)O Trinity Church. Buxton Ve4wood Prize Band Iverwood Concert Brassl £1S,IXK) £20,tJY) £15,C¥)O £20,OCK) White EE¥sign Association Youth Talk Limited £15,￿) £20,￿0 £15,&)0 £20,000 Ilth High Wycombe (Hazlemerel Scout Group 18th Darlinglon Scout Group £15,IK)0 4th Leicester Scout Group £io,Th)o £20,1)00 £io,Tr)o 18th Darlington ScoL*t Group £io.000 4 Cancer Group AF&V Launchpad Ltd Barford Youth & Community Centre £15,000 6th Ram5gate Royal Harbour Sea Scout Group £15,1)00 Birmingham Central Baptist Church 805ton Spa Village Hall CIO Boughton and Eastwell Cricket Club Buxton Methodist Church £10,000 £10,000 £15,or)o £10,000 Barmouth Oasis Community Group Book Aid International £15,000 £10,000 £iS,fY)O £10,000 Book Aid International £1S.000 Catcote Futu￿5 £io,ooo Bromley & Croydon Women's Aid Cheriton Road Sports Ground Tnjst £IS.000 Cemetery Road Baptist Church. Sheffield £15.(M)O Child Bereavement UK £io.000 £io.000 Bernard Sunley Foundation 34 ANNUAL REPORT Daventry Area Community Tran5POrt Deal Miisic and Art5 Limited £iO.(M)O The Goed Life Ltd £io.000 £io.(x)o The John TrotterTrust £10,000 Doorstep Library Network Embrace the midd￿ East £io.(xx) st Margaret's Church. Aspl The Pelham £10,000 £io.o(x) £10,000 Family Help Darlington CIO Flittabu5 Corninunity Transport Ltd. Friend5 of Fawley Cliurch H.O.Roe Charity Heart of England Mencap He21 & Toe £io.o(x) The Prince55 of Wales's Royal Regiment Benevolent FLJnd The Upper Room Tru5l £io.000 £io.o(x) £10,000 £io.o(x) Trek5tock £10,000 £io.000 Trevone Village Hall TruTQ Cathedral £io.000 £io.000 £io.000 £IO.000 Variety. the Children s Charity £io.Th)o Watermill Theatre £io,ooo Highnam Commtjnity Centre Trust Huby and sutton Community Shop Ltd Huttoii Roof Village H311 Kilburn Village Institute LTrttlehLllnPton Sea Cadets Corps Loi)g Riston Playin8 Fields Committee Maryorie Mcclure Sperialist School Mount Elim Ev3r)gelital ChLITch Nell Bank Ch3ritsbl¢ Trust £io.(£o £io.Tr)o West Berksh>re Mencap Windsor Christiai) Atlio £io.( £iO.(M)O £10,000 £io.000 Yiewsley Methodist Chiirch, Hillingdon Open Tr311 Disability ChallenEer5 The L3ke District Calvert Tr115t £10,000 £io.fy)o £9,000 £io.(x)o £8.500 £io.coo £8,000 £io.( iith Gloucester IHticcleiotel Scoiit Group 1409 Squadion Ai¥ Training Corps 1st Broadbridge Heath Scout Grotjp 1st Burley Scout Group 1st Crownhill Scout Group £5,000 £io.(xx) £5.000 New Milton Memorial Centre £io.o(x) £5,000 North Yorkshire Coiinty Scoiit Council Pathways4AII Rackets Cubed £io.o(x) £5.000 £io.o(x) £5,000 £io.o(K) 1st Marske & New Mar5ke Barn Owls Scoijt Group 3rd Weston super Mare Scout Group 44th Norwsch115t Old Cattonl Scout Gr015P 6th Lewes Stout Group Access Adventures £5.000 Ripon Coinmuniiy Link Royal Opera House Salinon Youtl) Centre £io.oco £5,000 £io.oc() £5,000 £io.o(x) £5,000 Salmon Youth Centre £io.000 £5,000 Samèritans of Slough Windsor Maidenhead Sheffield Royal Sotiety for the Blind Shurdington Community Centre Siiirterfield Village Hall Mana8emeTrt Committet St Johns Oonisthorpe. PCC St Mary's Church, wyLl￿ffe St M*ch3el & All Angels, Great Creaton St Nicolas Churih. Hall Weston £io.000 Age UK Camden Aighton Bailey & Chaigley Memorial Hèll All Saints C of E Church, Appley Bridge. LanLashire Allerthorpe Village Hall Management Comm*ttee American Fondouk £5,000 £io.000 £5,000 £10,000 £5.000 £10,000 £5,000 £10,000 £5.000 £10,000 Amigos de Calcuta Arnside Educ3tional Institute £5.CQO £io.000 £5.(MXI £IO.000 Ashill Village Hall £io.000 Bendrigg TNst Boosbeck Community Centre Bramley Village Hall Trust Bridgerule Village Hall Limtted Britt'sh Disabled Angling Associahon Brookfields Special School £5.(M)Q St. Andrew's. Kettering St. Miihael's Hospice INorth Hampshire) style lor Sold*eTS £5.(X)D £io.000 £5.(to £io.000 £5,(KK> Sunbyry and Walton Sea Cadets £io.000 £5.( Sutton Parochial Church Council IPCCI British Horse Society Folest School £10,000 £5,0 £io.000 £5,000 ElO.000 Broughton A5tley Community Bus £5.000 Bernard Sunley Foundat50Th 35 ANNUAL REPORT Byer5 Green Club Bythorn Village Hall Carers Link Lancashire £5.QX) Holy Trinity Clapham £5,000 £5.(MJ) Hounds for Heroes £5,000 £S.1)X) Howley Gr3nge Scout Group Humans MCR £5.000 Catzero Ltd £5.CAX) £5,000 £5,CKX) Chearsleyvillage Hall Cheddarvillage Hall Management Committee Cheddington Scout Group Church Ealon Reading and Recreation Roo Claypole Village Hall Cleanup United Kingdom Compton Maltin Village Hall Coun5elling in the Community Cr05by and District kout Council Crtsydon ReadinE Room Designability Charity Ltd Dilham VillaBe Hall and Playing Field Comm*ttee £5.CM)D Humberslde Scouts £5.OTh) InEleton Rural Community A550ciation Jamie's Farm £5,000 £5,000 £5,000 £5.OOD Journey Enterprises Ltd Kemball Special School Kings Cliffe & A￿a Community Sport5 Project Limited Kingsbridge Gym Club Kingswood Trust Kn%ghton on Teme Parish R¢)oms Landmarks Specialist College Layton Methodist Church Leavenheath Village Hall Lidgate Village Hall Malvern Youth and Community Trust £5,000 £5,000 £5,000 £5,000 £5.0(X) £5.000 £5.000 £S,OtK) £5,000 £5,(￿0 £5.000 £5,000 £5,000 £5,000 £5,000 £5,000 £5.(XX) £5,000 DtsnninEton Doorstep £5,000 Dorstone Village Hall Downe Willage Hall Charitable Trust Dur*holme Playgroup East Durham CommiinityTr3nsport £5,000 £5.C £5.000 Manley Park Methodist Church Marton and Gate Burton Parish Hall £5.CtM) £5,000 £5.C £5,000 Merriott Tithe Barn Committee £5,C£Q East Livefpool Riding for the Disabled Efail15af Villa8e Hall Egmanton Village Hall Embrace the Middte East £5,000 Moir3 VillaÈe H311 Mow Cop, Mount Pleasant and Bank Playing Fields and Village Hal My Giftbox Commtjnity Project5 My Name'5 Doddie Foundatsoa New Horilons School £5,000 £5,CNXJ £5.000 £5.000 £5.C Fordham Willage Hall Foresight Friend5 of Castledon School £5.000 £5.C £5,000 £5.(M)O £5,000 Newport Sea Cadets Corps Norton ComMu￿lty Hall Nutley Memorial Trust CIO Oaks Community Church, Dronfield Oldburyifillage Hall Char￿table TNst Oldham Borough District Scout Council Open Country £5,CN)O £s,(M)o Friends of St Luke's £5.000 Friend5 of Victoria Scknol £5,000 £s,(x)o Fundacion Emalaikat £5,000 £s.000 Glossopdale Ftjrniture Project Goldh2ngerVi113ge Hall Gorsleyvillage Hall Grove Park Charitable Trust £5,000 £5,000 £5,000 £s.000 £5,000 £5.000 £5.000 Opera Prelude Opera Prelude Padworthvillage Hall st John's Church. Flixton £5,000 Guarllord Willage Hall Happy Day5 Mini5trie5 UK Helmdon Cornmur*ity Foundation £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 Henry Tyndale School Association Herefordshire Headwav £5,000 St Mary Magdalene. Shabbington Pellon Community Association £5,000 £5.000 £5.000 Hindhead Playing fields Association Hinton Martell Village Hall £5,000 Positive Behjviour Support for Learning Prince Philip Centre PHAB Club £5,000 £5.000 £5,000 Bernard Sunley Foundatlon 36 ANNUAL REPORT Priurity Youtli Project £5.000 The Dolcorsllwin Hall A550ciation The Exodus Project The Felix Project The Marske Centre Ltd £5,000 Queen Street school PreseNation Trust £5.000 £5.000 Remark! Cominunity Richmond Furniture Stheme £5.IX)O £5.000 £5.(JJO E5,000 Rowlands Gill Community Centre Ryedale YMCA Saint Cedd's Church PCC £5.QKX) st G￿80t¥ and St Martin. Wye 5t James's Church. East L3mbrook £5.000 £5.0(X> £5.000 £s.o(x> The Prospects Trust £5,000 Saints & Sinners Trust £5.0 The Scararnouche S3iling Trust The Village Hall, Belstone Thundersley Methodist Church Titsns Community Foundatio Together Dementi3 Support Training of Rural Wonien in Uganda Tru55ell Trust £5.0 Saints Augustine Chijrch. Chesterfield Scropton Riding for the Disabled Centre Shadlorth Comtnunity Associahon Shefford Methodist Church £5.000 £5.CQO £5,000 £5.CXJO £5.000 £5,￿0 £5.000 £5,000 Shildon Methodist Church £5.iJ)O £5,000 Shillinglord & Petton Victory Hall Skipsti Village Hall Slough Fort Preservation Trust Somerton Vill4ige hall st Ambr05e Chiirch, Leyland. Lancashire £5.(K)O £5,000 £5.OCM) Walsall Society for the Blind Watermill School £s,000 £5.0 £5,000 £5.OC() Whaley Br￿dge Uniting Church Wiggenhall St Germans MemoKial Hall and P13ying Field Wildgoose Rurdl TrainiTr6 WilshawWilla2e Hall Trust Windsor Horse Rèngers Wombwell Thespians Amateur Dramatic Soctety Wyverstone Village Hall Yelvertoi) Commuriity Projects Young Bristol 1st Fressingfield kout Group 8arnsley Sea Cadtt5 British Beiievolent Fund in Madrid £5,000 £5.OCM) £5,OOD st Mabyn Peace Memorial Hall £5.0 £5,OOD st Mark'5 Church, Newby st Neots Un*ted Reformed Church £5.000 £5,OCX) £5.000 £S,(K)O st Nicliolas Stretton Church. R￿tIaTrd £5.000 £5,(KJO St Paul's Newpin £5.000 £5,( st Peter?s Church Westleigh st Stephen5 Church, Soiithend-on-Sea £5.000 £5,￿0 £5.lJOO £5,￿0 St Teilo s Church. Bridgend St. Luke s Church and Parish Centre £5.000 £4,500 £5.000 £4,200 st. Mark's. Kingslanding st. Mary Magdalene?s Church. WarYin8ton starlight Children's Fotjndation stonehouse Gang streetLighl Pfoject stroud Valley Scout Group Sulham5tead & Ufton Nervet VillaEe Hall Support Throijgh Court s￿SSeX Bowling Club Tallarn GreÉn Village Hall Tamar Vallty Community Tran5POrtAssotiation Taverham Village Hall Cornmittee Tearfund £5.000 £4,000 £5.(M)O Croxton Kerrial Viltsge Hall Fundacion Cementerios Britanic05 en Espana (Br￿tish Cemetery Madrid) Fundacion Santuario Vegaii Fundacion SOS Cany3 Lincoln Pelican Trust Ltd £4.000 £5.(M)O £4,000 £5.C £5.CK)O £4,000 £5,(MXJ £4,000 £5.CMJ) £4,000 £5.OCM) Longfield Hill Commiinity Hall Tr￿Stee5 Northdale Horhculture £4,000 £5,C £4,000 £5,OCM) Surrey Dock5 Farm £4.0(K) £5,0(X) TUSK Trust £4.000 £5.0(K) Jubilee Church IACMI Blooming Blossoins TrLlSt Martock Scout and Gijide Centre £3.5CQ £5,000 £3,0 The Chestnut Appeal lor Men'5 Health £5,000 £3,(X)O Nuneaton and Bedworth unit 616 of the Sea C3det Cop5 £3,(X)O 8emaYd Sut)ley Foundation 37 FINANCIAL STATEMENTS Perros y Letras £3.iJJ) MIND - National Association for Mental Health £2 Ralph Bates Pancreatic Cancer Reseayth Fynd Ra￿ Breeds Survwal TrtJ51 £3.Q Diabetes IJK £100 £3.iJ)O Make a Wish £100 Royal Agriculttjral Benevolent Inskntution £3.Q)O MIND - Nation31 Association for Mental Health £100 Spurgeons West Ilsley Recreation and Social Associat70n Wolvercote PNmary School ParentTeacherAssociation £3.&)0 Total £3,541.101 £3.￿0 £3.000 Mission D1￿ct £2.500 St Clement'5 Church. Sandwich £2.500 Youthscape Gloucestershire Guide Association £2.500 £2.101 9th121st Plymouth Scout Group £2,000 British Ladies A550tation £2,000 Footprints Project £2.000 Gh051 Fishing UK st Andrew, Bcxford £2,000 £2.0 Swing5 & Smiles Allegra's Ambition £2.000 £1,5(X) Manta Twst £1,5(X) Archie Lloyd Char*table Foundation £1,4(X) Crisis UK £i,o(x) Crossli£ht Advice Fundation Emalaikat £i.(xx) £i,(KX) Fundac*on Pan y Peces MacLtlar Dtsease Society £i.(xx) £i,(KK) Oarsome Chance £i,o Oddballs £i,OLK) Pickups ft>r Peace Royal Hospital for Neuro-disability Ruf￿5, Friends Fund £i,(yx) £i.o £i,o Surfers Again51 Sewage Universities and College5 Christian Fellowship Windru5h Against Sewage Pollution MIND - National Association for Mental Health £i,co) £i,(£y) £7 British Heart Foundation £5C Home-start West Berkshir@ £5CX) MIND - National Association for Mental Health £5(J) Plostate Cancer UK £5( The Charlie WallerTrust £5C The Drtnks Tlust £5 Diabetes UK £217) BeTnard Sunley Foundatlo 38 FINANCIAL STATEMENTts. Statement of Financial Activities Incorporating an income and expenditure account Year ended 31st March 2024 UNRESTRICTED FUNDS 2024 2023 Note5 £'o(x) £000 Income from.. InvesliT)ents 2.954 2.577 Total ii)corne 2.954 2.577 ExpendItU￿ on.. Raising funds Charitable activities 745 775 4.843 4.601 Total expenditure 5.588 5.376 Net exppNditiire before investments gains 12.6341 12,7991 Net gain/llossl on investments 21.268 14,3451 Net Income I (expendi￿re) and r*t movement in funds In year 18.634 17,1441 Funds Brought Fonvard at stsrt otyear 153.772 160.916 Funds Carried Forward at End of Year 172,406 153.772 All tlie above results are de￿Ved from continuing activities. There are no recognised gains or1055es other than those stated above. The note5 on pages 44-49 fomi part of these financi31 st2tement5. 8emird Sunley Foundation 39 HNAN¢IAi STATÉfv4ENts.'. Balance Sheet At 31st March 2024 2024 2023 Notes £'ooo £'(K)O Flxed assets Investments Stock5. Sho￿$, property funds at market value Freehold properties 172.207 152,751 3.300 3,300 175.507 156,051 Net cU￿ent￿5sets Debtor5 and prepayments 315 122 Bank balances 2,211 2,322 2,526 2,444 Less-. Creditor5 and aci¥ua15 01 15.1971 14.5431 12.6711 12.0991 Long term fiabilities Grant payment5 beyond one year 14301 11801 Total Net Assets 172,406 153.772 Repre5entEd by'.- The funds of the charity Unfftstricted Fuiids 172.406 153.772 The notes on pages 44-49 form part of these finan¢*al statements. The Financial Statements were approved and authorised for &ssue by the Board ol Trustees on 13th November 2024 and were signed below on its behalf by-. Dr Brian W Mathn Chairman. Finance Ctsmmitt@e 13th November 2024 Bernard Sunley Foundatlon 40 FINANCIAL STATEMENTS Cash Flow Statement Year ended 31st March 2024 2024 2023 Notes £'ooo Net cash outhowfrom 0￿rating at￿VItieS 11.9231 12.5261 Capitsl expenditure and financlal investment Purchase of inve5tment5 115.9161 125,2671 Proceeds from sale ot investments 17.728 26.340 1.812 1.073 IDecreasel in cash lol 11,4531 Brink balance brought forward 2.322 3.775 Bank balance rarried forward 2.211 2.322 Bernard Sunley Foundatlon 41 FINANCIAL STATEMENTS Accounting Policies The principal accounting policies adopted. judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: Income Recognition All income is recognised once the charity has entitlement to income, it is probable that income will be received and the amount of income receivable can be measured reliably. Investment income is recognised on a receivable basis once the amounts can be measured reliably. Statement of compliance The financial statements have been prepared in accordance with Accounting and ReportFng by Charities.. Statement of Recommended Practice for Expenditure Recognition Charities ISORP 20151 (Second Edition, effective J Expenditure is recognised in the period in which January 20191 applicable to charities preparing their they are incurred. Expenditure includes attributable accounts in accordance with the Financial Reporting VAT which cannot be recovered. Standard applicable in the UK and Republic of Ire13nd IFRS 1021 {effective 1 January 20161 and the Companies Act 2006. Expenditure consists of grants, support costs and governance costs, which are allocated to areas of activity in line with the level of direct costs for each area of activity. Bernard Sunley Foundation meets the definition of a public benefit entity under FRS 102. Expenditure on raising funds relates to the costs of managing the investment portfolio. The charity is a private company limited by guarantee, incorporated in England and Wales (company number: 054071871 and a charity registered in England and Wales (charity number: 11090991. The charity's registered address is Green Park House, 15 Stratton Street, London WIJ 8LQ. Single or multi-year grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant or the Trustees have agreed to pay the grant without condition. Preparation of accounts on a going concern basis The Trustees consider there are no material uncertainties about the charity's ability to continue as a going concern. The review of our financial position, reserves levels and future plans gives Trustees confidence the charity remains a going concern for the foreseeable future. Allocation of support and governance costs and charitable activities Support costs are allocated to either charitable activities, when applied in order to meet its charitable objectives or to governance costs when costs are incurred in relation to the constitutional and statutory requirements of the Foundation. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory audit and professional fees. Funds structure Unrestricted income funds comprise those funds which the Trustees are free to Use for any purpose in furtherance of the charitable objects. Bernard Sts*ley Foundatlot) 42 FINAPICIAL STATEMENTS Investments Investments are a form of basic financial instruments and are initially shown in the financial statements at market value. Movements in the market values of investment5 are shown as unrealised gains and losses in the Statement of Financial Activities. Cash at bank and in hand C3sh at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Creditors and provisions Creditors 3nd provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation cars be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount. Freehold Investment propertie5 are valued every five years by an independent professional valuer and reported at open market price. Profits and losses on the realisation of investments are shown as re31ised gains and losses in the Statement of Financial Activities. Realised gains and losses on investments are calculated between sales proceeds and their opening carrying values or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fairvalue at the year end and their carrying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities. Fixed assets Fixed 35sets are stated at cost or deemed cost (donated valuation at estimated fair valuel less accumulated depreciation and impairment losses. Assets costing more than £1.000 are capitalised. Depreciation is calculated to write off the costs of the fixed asset in equal instalments and equal amounts. Computer equipment would be written off in three years and furniture and all other fittings and equipment would be written off in four years. Employee short term benefits Short term benefits including holiday pay are recognised as an expense in the period in which the service is received. Estimates and judgements Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on management's best knowledge of the amount, events or actions, actual results ultimately may differ from those estimate5. The Trustees consider that there are no areas of judgement and estimation that have a significant effect on the financial statements. Financial instruments The charity only h3s financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction valLte and subsequently measured at their settlement value. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are v31ued at the amount prepaid net of any trade discounts due. Bernard Sunley FoundatloTh 43 FINANCIAL STATEMENTS Notes to Financial Statements 2024 2023 £'cK)o £000 al Income from investments Investm&nts 2.832 2.447 Bank interest 70 26 Rentsl intome on freehold properknes 52 104 2,954 2,577 bl Analysis of expenditure 2024 Raising funds Charltable Governance Activtties Costs Total £000 £'ooo Expenditure on.. Investment management cost 745 745 Trustee expeD5es 35 35 Audit lee 13 13 Legal and profe5sior131 5taffinB costs 254 254 Office and premises costs 119 119 Total 745 373 49 1.167 Analysis of expenditure 2023 Investment management C05t 775 775 Trustee expenses 33 33 Audit fee 15 15 Legal and professional staffiiig costs Office and premises costs Total 15 15 283 283 85 85 775 368 63 1206 Bemard Sunley Foufidatlon 44 FINANCIAL STATEMENTS 2024 2023 £'ooo Éooo ¢1 Analysls of expeFtditure Grants approved to inshtution5 4,588 4,377 Grants oancelled from previoLts years Adjustment to prior year grant commitments 11691 12071 4.421 4.170 Charitable activitie5 support costs (note bl 422 431 4,843 4.601 Graiit iommitment5 brought ton￿ard at start of year Grant5 approved 4.656 4,551 4,588 4.377 Less.. Grant5 cancelled 11691 12071 Less.. Grant payment5 13.5401 14.0651 Adjustinent to prioryear grant commitirent5 Grant commitFnents carried fotward èt end of year 5,537 4.656 Details of all grants appToved above £5.000 are detailed on pages 22 to 26. All erants approved of £5.000 and less are listed on pages 27 to 33. Bernard SufTrley Foundatlon 45 FINANCIAL STATEMENTS d) Trustees. ExpensesAnd Remuneration £20,000 wa5 reimbursed in travel expenses to 5 Twstees12023.' £19,000 to 5 Tru5tee51. The Trustees received no remuneration during the year12023-. £nill. 2024 2023 £'ooo £'ooo el Staff Costs And Numbers Average number of employees in the yearwas 312023.. 31 Salaries 188 209 Pensions 18 20 Social 5Ècurity costs 19 27 225 256 One employee was in receipt of an 3nnual salary belween E90.001 and E100.00012023'.1 between £80.001 and £90,oooI. All three member5 of staff are considered to be key miinagement personnel and the total remuneration is as stated above. 2024 2023 £'ooo GainsllLossesl on Fixed Assets Redlised - Investments 425 11,0791 Unrealise(l - Investments 20.843 13,2661 21.268 14,3451 2024 2023 £'ooo £'ooo gl Fixed Assets- Investments (Stocks. Shares. Property ft&nd units and cash awaiting investment) Market value at start of year 152.751 158.169 Additions at Cost 15.916 25.267 Disposals at opening market value Net investment gain I IIDSSI Marketvalue at end ot year 117.7281 126,3401 14,3451 21,268 172,207 152.751 Book cost at end of year 111,382 112.061 Analysis of Market Value Investments 171,488 151.611 C