Handelsbanken
Wealth & Asset Management
THE 3T'S CHARITABLE TRUST
REPORT AND ACCOUNTS
YEAR ENDED 31 MARCH 2025
Version:
1211112025

THE 3T'S CHARITABLE TRUST
INDEX
Year ended 31 March 2025
P¥Je
General information
Report of the trustees
Statement of trustees, responsibilities
Independent auditors, report
7-10
Stalement of financial activities
Balance sheet
12
Cashflow statement
13
Accounting policies
14-15
Notes to the financial slatemenls
16-22

THE 3T'S CHARITABLE TRUST
GENERAL INFORMATION
Year ended 31 March 2025
Trustees
Charles Sherwood
Rosemary Shew)od
Timothy SheNood
William Medlicott
Tabitha Hood
Tatiana Sherwood
Principal address
PO Box 68
Knebworlh
Hertfordshire
SG3 6UZ
Independent Auditors
Gibson Booth Chartered Accountants &
Statutory Auditors
New Court, Abbey Road North
Shepley
Huddersfield
HD8 8BJ
Bankers and Investment managers
Cazenove Capital Management
Schioder & Co Limited
12 Moorgate
London
EC2R 6DA
Solicilors
Cripps LLP
22 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS
Registered charity number
1109733

THE 3T'S CHARITABLE TRUST
REPORT OF THE TRUSTEES
Year ended 31 March 2026
The trustees present their report with the financial statements of the tharity for the year to 31 March 2025. The trustees
have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES ANO ACTIVITIES
Objectives and aims
The objects of the trust are for such charitable purposes as the trustees in their absolute discretion think fit.
Public benefit
The trust meets its public benefit obligations by making granls to other registered charities. The trustees confirm that
they referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing
the trust's aims and objectives and in planning futu￿ activities and setting grant making policy for the year.
Grant making
The trustees have selected a core list of charities to support. For these organisations they believe that grants are of
most value to the recipient organisations when they are in the form of multi-year Commitments (typically 3 years) and wilh
the minimum conditions attached. They believe that this facilitates improved planning and allows recipients to meet their
objectives more effectively.
In addition to this core list of repeat donations, the trustees make occasional single donations.
The trustees understand that preparing applicats'ons is time•consuming and expensive and for this reason would
emphasise that it is extremely rare for grants lo be given in response to unsolicited applications.
Achievements & Perfomiance
The Iruslees carefully consider how their available resources can be uts'lised by way of grant making to existing
charitable organisations in such a way as to maximise impact in the areas covered by the Irust objects. They
maintain direct personal oversight of, and interest n, the grantee organisations with this in mind.
FINANCIAL REVIEW
Principal funding source
The principal funding source comprises gifts from the trustees of the charity.
Investment policy and objectives
The charitls investmenl advisors Cazenove Capital Management are instructed to manage the portfolio in
accordance with the trustees, Investment Policy statement.
Unrestricted funds
Income for the year amounted lo £904,998 compared to £973.236 for the year ended 31 March 2024. Grant
commitments of £2,431,000 (2024.. £222,765) were made and support costs amounted to £9,353 (2024.. £9,330).
The unrestricted income fund al the balance sheel date is £Nil (2024.. £990,104).

THE 3T'S CHARITABLE TRUST
REPORT OF THE TRUSTEES
Year ended 31 March 2025
Grants disbursed in the year
In the year the charity made new single year grants of£116,000 and these are induded in the the total of £2,431,000.
shown above
In addition, as set out in Note 16, the charity expended £565,000 in relation to its multi-year commitments, taking
the total amount disbursed in the year lo £681,000.
Expendable endowment
In the year donations of £1,843,750 were received and added to the expendable endovKnent fund. This compares
with £462.425 in the previous year.
The expendable endowment fund increased by £698.198 during the year. This compares with £1,753,606 in the year
ended 31 March 2024. The expendable endowment stood at £20,947.55212024: £20,249,354) ai the balance sheet date.
Reserves policy
The trustees aim to maintain the endowment fund at a level sufficient to generate returns to maintain ant increase
the level of grant making in the future. To this end further gifts have been provided over time and the trustees are satisfied
with the current level of reserves given the increased grant making planned going forward.
STRUCTURE, GOVERANCE AND MANAGEMENT
Governing document
The 3T's Charitable Trust is an unincorporated trust. wnstituled urKJer a trust deed dated 17 March 2005 and is a
registered charity.
Recruitment and appointment of new trustee
C N C She￿0d. R J Sherwood, T J M Sherwood, T A B Hood and T A H SherwcM)d are trustees for life
and W J Medlicott for three years until 18 July 2028. The number of trustees shall be a minimum of two and a maximum of
six. Trustees will be appointed by existing trustees and a retiring trustee may be re-elected. There were no nevi
Irustees in the year.
Organlsatlon structure
Thg trustees meet regularly to consider granl making, investments. reserves and risk management policies
and performance.
Induction and training of new trustees
The induction process for any newly appointed tTUStees comprises of an initial meeting with all existing trustees. In
addition the appointed trustee will be provided with a copy of the Charity Commissions guidance "Essential Trustees..
What you need to know, what you need to do", a copy of the Trust Deed and a copy of the latest annual report and
accounts.

THE 3T'S CHARITABLE TRUST
REPORT OF THE TRUSTEES
Year ended 31 March 2025
The existing trustees seek to maintain their kno￿edge ar￿ understanding - by virtue of their professional backgrounds,
by reference to guidance from the Charity Commission and by seeking professTronal advice where necessary
Approved by order of the board of trustees on..
.and signed on it behalf
Rosemary Jane
ood - Trustee

THE 3T'S CHARITABLE TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
Year ended 31 March 2025
Trustees. responsibilities in relation to the financial statements
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountin9 Practice).
The law appllcable to chafities in England and Wales requires the truslees to prepare fin8ncial staternents for e￿h
finaneial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and
applicalion of resources of the charity for that period.
In preparing these financial statements the trustees are required to:
select suitable accounting policies and then apply them consistently.,
obseNe the methods and principles of the Charities SORP 2019 (FRS 102);
make judgements and accounting estimates that are reasonable and prudent-
state whether applicable accounting standards have been followed,
prepare the financial statements on the gThng concem basis unless it is inappropriate to presume that
the charity will continue in business.
The trustees are responsible for keeping accounting records which disdose with reasonable accuracy the financial
position of the charity and enable them to ensure that Ihe financial statements comply with the Charities Act 2011,
the Charity (Accounts and Reports) Regulations 21)J8 and the provisions of the Trust Deed. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Approved by order of the board of trustees on..
-and signed on it behalf
Rosemary Jane She
d - Trustee

THE 3T'S CHARITABLE TRUST
Independent Auditor's Report to the Trustees of The 3fs Charitable Trust
Year ended 31 March 2025
Opinion
We have audited the financial statements of The 3T's Charitable (the 'chariW) for the year ended 31 March 2025 which
comprise the Statement of Financial Aclivities, the 8alance Sheet. cash flow statement and the notes to the financial
statements, including a summary of significant accounting policies. The financial reporting framewoik thal has been
applied in their preparation is applicable law and the United Kingdom Accounting Standards, including Financial Reporting
Standard 102 The Financial Reporting Standard applicable in the UK and RepubliG of Ireland (United Kingdom Generally
Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the slate of Ihe charilys affairs as at 31 March 2025, and of its incoming resources
and application of resources. including its income and expenditure, for the year then ended:
have been properly prepared in accordance wilh United Kingdom Generally Accepted Accounting Practice:
and
have been prepared in accordance with the requirements of the Charilies Act 2011.
Basis for opinion
We conducted our audit in accordance with Internslional Standards on Auditing (UK) IISAS (UK)) and applicable law. Our
responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial
statements section of our report. We are independent of the charily in accordance wth the elhical requirements that ale
relevant to our audit of the financial slalemenls in the UK, including the FRC'S Ethical Standard, and we have fulfilled our
other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have oblain&d
is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statemenls, we have concluded that the truslees, use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertaints'es relats.ng to events or conditions
that, individually or collectively, may cast significant doubt on the charivs 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 concem are described in the relevant
sections of this report.
Other information
The other infonmation compnses the information induded in the trustees annual report other than the financial statements
and our auditor's report thereon. The trustees are (esponsible for the other information contained within the annual report.

THE 3T'S CHARITABLE TRUST
Independent Auditorfs Report to the Trustees of The 3T's Charitable Trust
Year ended 31 March 202S
Our opinion on the financial statements does not cover the other information and, except to the extent othe￿Ise explicitly
stated in our report, we do not express any form of assurance condusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially
iiiconsistent wilh the financial stalements or our knowledge obtained in the course of the audit or othe￿1$8 appears to be
materially misstated. If we identify such material inconsistencies or apparent material misstatements, we .are required to
determine whether this gives rise to a material misstatement in the financial Statements themselves. If, based on the work
we have performed, we conclude that there is a material misstatement of this other information, we are required to report
that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of Ihe following matters in relation to which the Charities (Accounts and Reports)
Regulations 2008 require us to report to you if, in our opHnion'.
the information given in the financial statements is inconsistent in any material respect with the trustees,
report., or
sufficient accounling records have not been kept; or
Ihe financial statements are not in agreement with the accounting records; or
we have not received ali the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the statement of trustees, responsibilities set out on page 6, the Iruslees are ￿sponsible
for the preparation of financial statements which give a true and fair view, and for such internal control as the trustees
determine is necessary to enable the preparation of financial statemenls that are free from material misstatement.
whether due to fraud or error.
Sn preparing the financial statements, the trustees are responsible fof assessing the charitys ability to conlinue as a
going concern, disclosing, as applicable, matters related to going concem and using the going concern basis of accounting
unless the trustees eilher intend lo liquidale the charrty or to cease operalions. or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act
and relevant regulations made or having effect thereunder
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free 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 (UK) will
always detect a material misstatement when it exisls. Misstatements can arise from fraud or error and are considered

THE 3T'S CHARITABLE TRUST
Independent Auditorfs ReF)Ort to the Trustees of The 3T's CharitaDle Trust
Year ended 31 March 2025
material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of
users taken on the basis of the financial statements.
Irregularilies, including fraud. are instances of non-compliance with laws and regulations. We design procedLJres in line
with our responsibilities, outlined above. to delect material misstatements in respecl of irregularities, includiThJ fraud. The
exleiil lo wliicli oui piocedui es ale Gapable o( deleciiiig ii"regulai ities. iiicludiiiy fidud ib d¥idiled belvw.
B35ed on our understanding of the charity and the charity sector. we identified that the principal risks of non-compliance
with law and regulations related lo the Charities Act 2011. and we considered the extent to which non-compliance might
have a material effect on the financial statements. We evaluated management's incentives and opportunities for fraudulent
manipulation of the financial statements and the audit procedures pertormed I￿lUded.
Correspondence with Management including consideration of known or suspected instances of Tr)n-complian¢e
wilh laws, regulation and fraud..
testing of bank transactions: including tracing grant payments made. to SuppO￿.ng infomwtion
testing accounting adjustments;
testlng completeness of income.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the financial slatements or non-compliance with regulation. This risk increases the
more that compliance with a law or regulation is removed from the events and transactions reflected in the fin8nci81
statemenls, as we will be less likely to become aware of instances of non-compliance. The risk is also grealer regarding
irregularities occurring due to fraud rather than error. as fraud involves inlenlional concealment. forgery, collusion. omission
or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council's website at-.
'.IlkWVW.frc.or
rslaudil-assurancel
This description forms part of our auditor's report
Use of our report
This report is made solely to the chariws trustees. as a t)ody. in accordance with Part 4 of the Charities (Audit and
Reports) Regulations 2008. Our Audit work has been undertaken so that we might state to the charitls trustees those
matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by

THE 3T'S CHARITABLE TRUST
Independent Auditorfs Report to the Trustees of The 3T's Charitable Trust
Year ended 31 March 2025
law. we do not accept or assume responsibility to anyone other that the charivs trustees as a body, for Our audit work,
for this report, or for the opinions we have formed.
Patrlck Healon IDec 5, 2025. 12'.08pml
Gibson Booth Chartered Accountants & Statutory Auth'lors
New Court
Abbey Road North
Huddersfield
HD8 8BJ
Date:
05 Dec 2025
Gibson Boolh Chartered Accountants is eligible for aFpoinlment as auditor of the charity by virtue of its eligibility for
appointment as auditor of a company under section 1212 of the Companies Act 2006.
10

THE 3TS CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
Year ended 31 March 2025
Unrestricted
Income
Fund
Expendable
endowment
Fund
Total
this year
31.03.25
Total
last year
31.3.24
Note
Income resources
Voluntary Income
Donations
1.475.000
1,475,000
742.425
Gift aid refunds
368.750
368,750
70,000
Investment income
904,998
904,998
623,236
Total incoming recourses
904,998
1.843.750
,748,748
1,435,661
Resources expended
Cost ofgenerating funds
Inveslment management costs
78.659
78,659
89,781
Charitable 8Ctivilies
Grants and donations paid out
2,431,000
2,431,000
222,765
Govemance cost
Trust accountingltax claims fees
9,353
9.353
9,330
Total resources expended
2.440.353
78,659
2,519.012
321,876
Net incomingl(outgoing) resources
before Iransfers
(1,535.356)
1,765.091
229,735
1,113,785
Gross transfers between funds
545.252
(545,252)
Net incomelloutgoingl resources before
other recognised gains and losses
(990.104)
1,219.839
229,735
1,113,785
other recognised gains and losses
ILosses)Igains on investment assets
(521,641)
(521,641 }
1,380,962
Net movements in funds
(990,104)
698,198
(291,906)
2,494,747
Fund balance brought forward at 31 March 2024
990.104
20,249.354
21,239,458
18,744.711
Fund balance carried forward at 31 March 2025
20,947,552
20,947,552
21.239.458

THE 3T'S CHARITABLE TRUST
BALANCE SHEET
As at 31 March 2025
Unrestricted Expendable
Income
Endowment
fund
Fund
Total
this year
31.3.25
Total
last year
31.3.24
Note
Flxed assets
Investment al market value
22,392,385
22,392,385
20,916,115
Current assels
Debtors
70.000
Cash at bank
903,192
903,152
848,002
Credllors.. amounts falling due within one year
(797.000)
(21,026>
1818,026)
1594,659)
Net current assets
106,192
21,026
85,167
323 343
Total assets less current liabilities
106.192 22.371,360
22.477,552
21,239.458
Credilnrs: smounls falling due after one year
(106,192) (1,423.808) (1,530,000)
Net Assets
20,947,552
20,947,552
21,239,458
Funds
Expendable endowment fund
Unrestricted income fund
20.947,552
20,249,354
990,104
*1,239,458
20.947.552
Approved by order of the board of trustees on..
2.f.-. ..I1-..2f...and signed on it behalf
Rosemary Jane Sh
od - Trustee
12

THE 3T'S CHARITABLE TRUST
CASHFLOW STATEMENT
As at 31 March 2025
Note
31.3.25
31.3.24
Net Income for the year
229.735
1.113.785
Adjustments for
Interest and dividends
Decreasel(Increase) in debtors
(Decreaselllncrease in ¢reditors
(904,998>
70.000
1.753.367
{623,236}
168,990}
{499,543}
Cash flow5 from operatlng actlvltles
1,148.105
177,9841
Cash flows from investing artivities
Interest and dividends
Proceeds from sale of investments
Purchase of investments
904,998
466.930
(2.903.393)
623,236
19,802,267
{24,206,283}
Net cash used by Investing artivitles
(1.531.465)
13.780,7801
Change in cash and cash equivalents
Cash and cash equivalents brought foN￿rd
Cash and cash equivalents carried forward
(383,360)
1,287,257
903,897
(3,858,785)
5,146,021
1,287 257
13

THE 3T'S CHARITABLE TRUST
ACOUNTING POLICIES
Year ended 31 March 2025
Basis of preparing the financial statements
The financial statements of the charity. which is a public benefit enb'ty under FRS 102, have been prepafed in
accordance with the Charities SORP IFRS 102) 'kcounting and Reporting by Charities.. Slatement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Repoitiiig Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 Janu2ry 2019).,
Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" and the Charities Act 2011. The financial stalements have been prepared on a going concern basis
under the historical cost convention with Ihe exception of investments vthich are included at market value.
Going Concern
There are no material uncertainties about the charivs ability to continue.
Income
All income Is recognised in the Statement of Finarcial Activities once the charity has entitlement to the funds.
it is probable that ihe income wll be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, il is probable Ihat a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an a￿rualS basis and
h8s been classified under the headings that aggregate all cost related to the calegory. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis consistent with the
use of resources.
Grants offered subject to conditions which h8ve not been met al the sEar end date are noted as commitments
but not accrued as expenditure.
Taxation
The charlty is exempt from tax on its charitable adivities.
Fund Accounting
Unrestricled funds can be used in accordance with the charitable objectives at the discretion of the trustees,
Expendable Endowment
The fund has been invested to primarily produce income although the trustees may use the fund for charitable
purposes if required.
Restricted funds can only be used for a particular restricted purpose )Mthin the 0￿ects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particulaf restricted purposes.
Foreign Currencies
Assets and liabilities in foreign currencies are trar6lated into sterling at the rates of exchange ruling at the
balance sheel date Transactions in foreign currencies are translated into sterling at the rate of exchange
ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating
result.
14

THE 3T'S CHARITABLE TRUST
ACOUNTING POLICIES
Year ended 31 March 2025
Investments
Investments are shown at market value at the balance sheet date. Ail gains or losses on revaluation or on
disposal are included in the Statement of Financial Aclivilies
Investment income is recognised as receivable.
15

THE 3T'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2025
31.3.25
31.03.24
1 Investment income
UK Income
Interest
Dividends
Property
39,187
865,811
81,562
439.785
9,606
Overseas Income Interest
Dividends
42,110
50,173
Investment income is unrestricted unless otherwise stated
904,998
623 236
2 Raising Funds
Portfolio man8gement
78,659
89,781
78.659
89,781
3 Grants made
The total grants made to inslitutions during the ￿ar5 was as follows..
Books Beyond Words
Brendan Kutler Education Fellowship
Envision
Haileybury & ISC Fundraising Hertford
Haileybury & ISC Fundraising Hertford
Himalayan Trust UK
Home Slart Hertfordshire
Isobel Hospice Ltd
Motor Neurone Disease Association
Royal Marsden Cancer Charity
Royal Marsden Cancer Charity
Supporting Dalit Chidren
The Felix Project
Tree Aid
Unitas Youth Zones
10,000
20,000
1,000
1,000
22,500
25,000
15,000
30,000
4,265
10,000
5,000
20.000
15,000
30.000
35,000
30,000
35,000
50,000
Three year commitments".
Apopo UK
Anne Robson Trust
Felix Project
Hardman Trusl
Herts Young Homeless
Herts Domestic Abuse Helpline
Himalayan Trust UK
Home Start Hertfordshire
Marie Cui ie
Marls Meals
75.000
60,000
90.000
75,000
75,000
30.000
75,000
105.000
120.000
120,000
16

THE 3T'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2025
31.3.25
31.03.24
Three year commitments (continued):
Médecins s8n Frontières
Mind
Motor Neurone Disease Assoc.
Prostate Cancer UK
RBG Kew- Friend & Supporters
Royal Marsden Cancer Charity
SCI Foundationlunlimit Heath
St Giles Trusi
St Mungo's
Tree Aid
Unitas Youth Zones
Young Minds
180,000
120,000
30.000
120,000
150,000
75,000
180,000
90,000
120,000
150,000
180.000
75,000
2,431,000
222.765
Further detail on commitfflents an¢J on the actual cash disbursed in the year is provided in note 16.
4 Governance costs
Handelsbanken Weallh Management
Audit fee
Other
6,000
3.000
353
6,000
2,940
390
9.353
9330
5 Investments
Market value
Carry (market) value at beginning of year
Add Additions at cost
Less disposals at carry value
Addl{deduct) net gainl(loss) on revaluation
Carry (market) value at end of year
20.476,859
2.903,393
(466.930)
521,641
22.391,681
14,691,881
24,206,283
(19,802,267}
1.380.962
20,476,859
Shares
Portfolio Cash
22.391,681
704
22,392,385
20,476,859
439,256
20,916,115
Realised gainsl(loss)
Unrealised gainsl(loss) on revaluation
4,906
526,547
521,641
90,239
1,290.723
1,380.962
The hi3toric Gost of these investmenls was £21,625,931 (2024: £19, 134,710)
17

THE 3T'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2025
2025
2024
6 Debtors
Prepayments and accrued income
Gift aid refunds
70,000
70 000
7 Creditors: amount falling due within one ￿ar
Accruals and deferred income
Donation commitmenls
33,026
785.000
29,659
565.000
818,026
£94,659
8 Creditors: amount falling due after one year
Donation commitments
1.530,000
1,530.000
g Analysis of Funds
At
01-Apr-24
Income
Expenditure
Gains losses
& tsansfers
At
31-Mar-25
Unrestricted income funds
990,104
Expendable endowment funds 20.249,354
904,998 {2.440,353)
1.843.750
(78,6S9)
545,252
(1.066,893)
20,947,552
21,239,458
2,748,748 12,519,012
1521.641
20,947,552
At
01-Apr-23
Income
Expenditure
Gains losses
& transfers
At
31-Mar-24
Unrestricted income funds
248.983
Expendable endowment funds 18,495,748
973,236
462,425
{232,095)
189,781)
990,104
20,249.354
1,380,962
18,744,712
1,435.661
321,876
1.380.962
21,239,458
18

THE 3T'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2025
10 Analysis of Net Assels between funds
Fund balances as at 31 March 2025 are represented by..
Expendable
endowment
Funds
Unrestricted
Funds
Total
Funds
Fixed assets
22,392,385
22,392,385
Current assets
903,192
903,192
Current liabilities
1797,000)
(21.026)
(818,026)
Non-current liabilities
{106.192)
(1.423.808)
(1,530.000)
Total net assets
20,947.552
20.947,552
Analysis of Net Assets between funds
Fund balances as at 31 March 2024 are represented by:
Expendable
endowment
Funds
Unrestricted
Funds
Total
Funds
Fixed assets
666,761
20,249.354
20,916,115
Current assets
918.002
918,002
Current liabilities
(594,659)
1594,659)
Non-current liabilities
Total net assets
990.104
20,249,354
21.239,458
11 Staff costs and Trustees. Remuneration and Beneffts
There were no employees of the charity during the year. The trustees received no remuneration and were
not reimbursed for any of their expenses in the year.
19

THE 3T'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2025
12 Related Party Disclosures
In the year ended 31 March 2025 Charles SheTwDod made a donation to the 3Ts trust of £1,375,000 including
the gift aid repayment.
In the previous year ended 31 March 2024 Charles Sherwood gifted shares to the 3Ts trust which had 3 market
value of £462,425 at the lime of transfer. In addition Charfes She￿ood made a donab.on 10 the 3Ts trust of
£350,000 including the gift aid repayment.
In the year ended 31 March 2025 Rosemary Sherwood made a donation to the 3Ts trust of £468,750 including
the gift aid repayment. She did not make a g.ft aid donation in the previous year.
13 Analysis of cash and cash equivalents
2024
2024
Cash in hand
Cash held within investments
903.192
704
903.896..
848,002
439.255
1,287,257
14 Analysis of changes in net cash
At 1 April
2024
Cash flows
Other non-
cash
Changes
At 31 March
2025
Cash
Ciisli equivalents
848.002
439,256
1,287,258
55.190
438,552
(383,382)
903.192
704
903.896
Loans falling due within one year
Finance lease obligations
1,287.258
383.362
903,896

THE 3T'S CHARrrABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2025
16 Grants and commitments
The accounts have been prepared on an accruals basis reflecting the timing of commitments.
During the year. the trustees made ￿ntY three new cornrnitrnents due after the balance sheet date
(tolalling £2,315,000) in addition to the six grants approved and settlp.d in th@ year {£116,000) They
continued to honour the mulli-year commitments of £1.245.000 which were agreed in the year ended
31 March 2022 and £100,000 for the Far ended 31 March 2023
The details of the existing commitments are shown below:
Outslanding Commitment atyear end
Due within
Due in more
12mths
than 12
months
Commitments made in earlier years and settled in fijll by 31 March 2025
Grants made to Charities detailed in earlier years
Less paid in Year ended 31 March 2023
Less paid in Year ended 31 March 2024
Less paid in Year ended 31 March 2025
1,760.000
(590,000)
(605.000)
565.000
Detailed below
Add new commitments".
Single Year Commitment
Brendan Kutler Education Fellowship
20,000
20,000
Three Year Commitment
Anne Robson Trust
Apopo UK
Felix Project
Hardman Trust
Herts Young Homeless
Herts Domestic Abuse Helpline
Himalayan Trust UK
Home Start Hertfordshire
Marie Curie
Mary's Meals
Médecins san Frontières
Mind
Motor Neurone Disease Assoc.
Prostate Cancer UK
RBG Kew - Friend & Supporters
Royal Marsden Cancer Charity
SCI Foundationlunlimit Heath
St Giles Trust
st Mungo's
Tree Aid
Unitas Youth Zones
Young Minds
80,000
75.000
90,000
75,000
75,000
30,000
75,000
105,000
120.000
120,000
180.000
120.000
30.000
120,000
150,000
75.000
180,000
90,000
120.000
150.000
180,000
75,000
2.315.000
20,000
25,000
30,000
25,000
25,000
10,000
25,000
35,000
40,000
40,000
60.000
40.000
10,000
40.000
50,000
25,000
60,000
30,000
40,000
50,000
60,000
25,000
785,000
40.000
50,000
60,000
50,000
50,000
20.000
50,000
70,000
80,000
80,000
120.000
80,000
20,000
80,000
100,000
50,000
120,000
60,000
80,000
100,000
120,000
50,000
1,530,000

THE 3T'S CHARITABLE TRUST
APPENDIX TO THE FINANCIAL STATEMENTS
Year ended 31 March 2025
Grants and commitments (continued)
The following amounts are due to be paid in respect of the grant commitments in force at
31 March 2025
Year ended 31 March 2026
Year ended 31 March 2027
Year ended 31 March 2028
785,000
765,000
765.000
2,315,000
785,000
765,000
765.000
1,530,000
785,000
In the same period the trustees made cash disbursements against grant commitments of £565,000
as shown below:
Anne Robson Trust
Big Issue Foundation
Dalit Children
Fair Trials International
Hardman Trust
Herts Young Homeless
Marie Curie
Mary's Meals
Médecins san Frontières
Mind
Prostate Cancer UK
RBG Kew- Friend & Supporters
SCI Foundation
Sl Giles Trust
Sl Mungo's
Young Minds
Home Start Hertfordshire
Himalayan Trust UK
Unitas Youth Zones
Royal Marsden Cancer Charity
15,000
15,000
5,000
15,000
20,000
20,000
3S.000
35,000
so,000
35,000
35,000
40.OIX)
50.000
25,000
35.000
20.000
30.000
15.000
50.000
20,000
565.000
Grants paid in year-
Envision
Haileybury & ISC Fundraising Hertford
Molor Neurone Disease Association
Supporting Dalit Children
The Felix Project
Tree Aid
1,000
25.000
10,000
15,000
30,000
35.000
116.OXI
ToLql grants made and disbursed in year
681,000
22