ST GILES-IN-THE-FIELDS AND
BLOOMSBURY UNITED
CHARITY
CHARrrY REGISTRATION NUMBER: 1111908
AccouKfs FOR THE YEAR ENDED
31sf DECEMBER 2023

Page I
srGI
HARrrY
REFERENCE AND ADMINISTRATIVE DEfAILS
Constitution:
St Giles-in-the-Fields and Bknmsiwry United Charity is a Registered Charity No: 1111908, and is
governed by a sole cory￿te Tru5t*. This is St Giles-in-the-fields and BkK)msbury Unlt6d Trustee
mited (comp3ny numter: 11322099).
Trustee:
The previous trustees of the tharity LEome the Directors of the CryFofdte Tnjstee.
The Rff￿d T Sartdw
The Revd D Peet4es
Ms C Camptdi
Mr J SharFe
Mr J Evel8
Ms P Tuikn
Ms F Aslf
Ms J S<lpFKM)
Mr A Ch¢)Ahury
Rthr (rf St GiWin.thtrfvetds
of St C￿rge, Bloomsb
(hurchsrdrde) d St Giles-ln-tl￿FieldS
a)urthsrdrde) d St G&wge,
Rtrakwintejj 17 2023
R£S￿n￿l 24 February 2023
ntal 23 jaI￿ary 2024
Chairpers
aerk to Tr Trustee
T Sarrtkn (Al￿n￿l 24 janu￿ 2023)
tsHCaw
Profegslonal Advisers:
C Hoare & Co
37 Heet Street
Invortment Managers:
2 GreshJn Slreet
Lon(k)n EC2V 7QP
R]tt￿rd Blllirvjhurst FCA
Slatutw Auditors
65 Leajenhall Street
LorKhJn EC3A ZAD
Solkltor:
Jul1￿ Ruu
&Jrte 31>33. Tr Hq) Exdk4nge
LorKkJn SEI ITr
Prlndpal Oflk* Addr
St (￿rth
60 St Glles Hlth Street
WQH 8LG

Page 2
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NThED
RT
FTHETR
The Trustee submits ts report arKI acrounts for the year erKled 31* D￿mber 2023.
srRuclliRE, GOVERf4ANCE AND MANAGEMENT
St Glles-In-the-Flelds and Bloomstxjry United Charity is a Regitsed Charlty (No. 1111908). It
was set up by a scheme of the Charity CcThrnissk)n dated 10th August 2005. con￿Idated
four former charities:
st GileS-in-the-￿eIdS Almshouse and Pension tharty;
The Bkx)msbury Dispensary for the Rdief of the Sid( and P(K)r (founded 1801);
Thomas Leverton's Q￿rity (founded 1824); and
The Dlbjln Brand Charlty (fa￿ded 1904).
The charlty has a scAe CC*Fffite tntr- St-Giles-In-thtrRdts and 81c£*nsbury Unttd Trustee
Ltd. The IndivKluals who vrte Tnjstees of the charity are nc4Y the tXrector5 of that limited
a)mpany.
The Dlrectors of the c(ryJrate trustee <Dmprfse f￿r exvoffido Dlrectors, the Re(lors and one
Churchwarden from St Glles-In-the-Fields and St C*Jrge's, Blwmsbury and up to four co-opted
Dlrectors who a￿ apwinted ty the other Dlrectors for a wlcé of thr& years (after which they
Lzn ￿ rtrappointed).
The Charity has adopted a recruitmen( selection and ind￿tA)n p)liry for new Dlrectors of the
Cor￿rate trustee. New Directors may be sought ty cpn advertisement or through open
dlalcgue wlth relevant organisatEons. All F￿ntIal tlrectors are approprlately vetted and on
apwintment new (Irectors slgn a nyxdel do*ration statement o)mmitting them to gi￿n9 their
time and their expertlse.
New Directors a￿ provtded with a file, whlch Indudes a coprf of the governing doajment, a copy
of the latest annual accounts and a cq)y of CC3 The Essential Trustee published by the Charfty
CLNnmlssl(m. They are Injtialty sUpp￿ted by the Chalr are en￿ur39ed to attend relevant
training courses.
All Dir￿r$ give their time fredy and no rernunwati￿ wa5 paid during the year. Detsils of
trust& expen￿ and ￿lated paty transactions are disdo*a in Notes 6 and 19 to the accounts.
Directors are ￿uIred to disdose all relevant interests and register them with the aerk and In
accnrdantr with the Charrtys p)licy to withdraw from decisions where a conflict of interest arises.
The Directors of the Trustee meet quartety to ag￿ the b￿ad Strate￿ areas of activity for the
Charity, induding the manageffl￿t of the alm5house5, consideration of grant makingi
Investment, reserves and risk management p)liaes and perforrnan￿. Additional meetyngs may
be scheduled to discuss strategK planning and i￿e5.

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THE TR
R THE YEAR ENDED
BER
srRucfuRE, GOVERPIANCE AND MANAGEMEiif (Continued)
The day-tTrday c¢erats'ons are manawj ty the ae￿ indudiThJ the financial administration, the
oFerntlons of the Almshouses, and the admlnlstJatlon of the grants.
The aerk {and other staff) are the St Giles-in-the-fields ar￿ William Shelton
Eduotion Charity to undertake admlnlstration on iEhalf of tM)th tharities and the salary costs
are shared. This relationship with the other charity ha5 been fomialised through the agreement
of a fcfmal Memorandum of Understanding agreed by the Trustee of both charities, whith was
reviewed in 2021. Tcgether the charitses are known as St Giles & St GeonJe.
The Charlty Is a MeM￿r of The Almshouse Asslthtlon. Thls pr(Nides much he1￿ul Informauon
on gocyj practitr, charw In law affectlng almshouse d￿ritieS aThJ acts as an authorttative lobby
on bthalf of alMShc￿Se charfttes vrith the government arKJ regulators.
OBJEcfs AND AcrIvTrIES
The objects of the tharfty are ts rEllef of flnandal hard5hlp by:
The wovlsion of housing accommc*laticfb in the area of benefit for wldows or sklnsters In
finandal hardshipi Wtth a preferefi￿ for the fornier, vtho are not less than 60 years of age;
The pro￿￿On of grants of money* payirvj for items, Servi￿ or faalities to persons living in
the area of benefit. In eX￿p￿onal cases, the trustee may dedde to asslst someone who
dces live In the area of benefit; and
The relief of si(* or Inflmi persons in finanaal hardship generally LY indmdually, wlth a
p￿feren￿ for slck cf infirm persons in finanoal hardshlp Ilvlng or wothng in the area of
benefrt.
The Trustee Confirn￿ that it has referred to the gUIdan￿ contsln&l In the ￿arity Ccffimlsslon s
general guidan￿ M publlc benefit when revbewing the Charity's alms and objedlves and In
plannlng fvtV￿ actlwtles arKI settirKJ grant mahing the year. The Charity carrles
out these objects by:
Provlding almshouses in the area for 8 older women. The St Glles Almshouses comprise a
small mmmunty of e￿ht s￿f￿￿￿trIned flats sttuated around an attractive courtyard - an
oasis of calm In busy Covent Garden;
Providing grants to indiwduals living in the area in finarKial hardship*
Pn)viding grants to charitable organisations worklng in the area who p￿de ser4lces to
people in finandal hardshlp or who are SI￿ or infirni.
Area of Benefit
The Charity's grant-makirMJ is gec*JTa￿Ica1, the area of LEnefft is the mcthrn ffde5ia5tical
parishes of St G1tes-iTrth￿F1eldS. St George s, Blwmsbury. and St Paul's, Covent Garden. In
local authorfty temis, this indudes the mai(Jrity of Bloomsbury arKI Covent Garden & Holbom
wards, In Camden and small part5 of St James and West End wards in Westmin*. It is a ￿all
area to fecus C￿ and ck)se to 50% of the CharTV5 area of benefft is noTrresidential (opEn spaos,
museums, unlversity campuses as well as Offi￿ a￿1 retril). None of the ward areas fall into the
20% most deprived nat￿)nalty.

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-THE-FIE
AND
BLOOMS
DED
EMBER 2
ACHIEVEMENTS AND PERFORMANCE
Sufflmary <rf the Year
Tr f¢XUS thr￿g￿)ut 2023 has been our ￿￿tInUIng r&wnse to the cost￿f-11vIn9 crisis- thlnklng
ab)ut the variety of impart that it has had on our staff, almshouse resKlents, grantees and Iccal
residents.
) AIms1￿USe new re61dert
Our vacanq was advertlsed in lanuaryl arKI we recelved 15 appll<ztlons by the deadline In
March. The sekttion sub<ommittee shortlisted 4 applicants and bNO Dlrettors undertook
home visits to see the applKants (a zoom chat with one person outside London). A rep￿rt
5ummarised the hcrtne vists and recommended one of the applicants. The Director5 agreed
and a nert resldent was ar4)olnted In Juty 2023.
b) Human Resources
The part-tlme Grants Offw rKrulted in October 2022 (officialty employed by the St Glles In
the Fields and Willlam she￿ Education Chaiity but wc*ks for Bk)omsbury Untted as well)
chose to leave at the end of their 12-month Fla￿ment thmugh the 2027 programme. The
Charity is WOLKI to have given a recent graduate (aged under 25) valuat4e w(Yk exFerien
and enable them to move ￿t0 an amazirrfj oppjtunty in Icral govemment. Therefore, the
char￿ chc6e to host aTh)ther Isscciate through the 2027 pn)gramme, arKI they started In
October 2023. This process has also deve1c￿j very strong relatlonshikE With Westminster
mshouses FourKlation as the &ants OffKer vths part-time for them as well, so we hold
pint supervisions.
c) Governance
There was a successfvl handcNer of Thairing reSpOn￿bilItIeS at the beglnnlng of the year, so
the Rector of St Giles In the Fields church Chairs tx)th charities. So, they have a good
oveNew of the aerk's rde arKI c{)m￿ti￿j prNxilJes whth prryrfide5 a supportlve
supeThiision structure for tr￿rn.
Durlng the year, the ￿arity sought to rLvuit a new Th'rector. A skn'lls audit identlfied a lack
of knowl* and experien￿ of wothng wth and supp)rting older people, so this was the
ftKus of the role descripb'on. The apF4icants induded the Manager of the local Age UK day
ntre, whose sknlls set was ideal. After c<)mpleting the seledion kyccess, they were
appolnted In January 2024.
d) Almshouse Open Day
Follo%ving the A]Msh￿Se Asscoat1￿ Memberfs event In June, the thatity derided to host an
Open Day event for partners in SeptemLer. It was a lovely aftenKon w￿h a selett group
from two nearby almstr￿&uses, indNldual grBnts pathers, the Older People's Prcgramme
Manager frcm Dragon Hall tsvo directors. Two ￿SIdents kindly offered to show vlsltors
their flats and chat ab￿rt the Almshouses. It was a fantastic ¢I)p(￿tUnlty to showcase the
Almshousesi particularfy fcf the potential new dir￿tor.

Page 5
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ACHIEVEMErifs AND PERFORMANCE (Contlnued)
Almshouse Accommodathn
The main Froperty project planned for 2023 was the refijrbishment of the vacant fiat. As with
eatlier refurblshments (2019), we provided a ccKnF4ddy new kitchen and bathrtr)m and flooring
and ￿decorated throughoiL This flat also r￿ed a r*w boiler. The work was oJnpleteJ in late
Spring.
Further cyclical Maintenan￿ Y￿kS undertaken durtng the year V￿re a water testing rfsk
assessmenL A new water management pjlicy was then de¥elok*d arKI approved.
The charity contracted the prorerty maintenaKe of the almshouse5 to DARV who are an
exFerlenced property manageffÉnt cDmpany who WO￿ wlth a number of almshouse charltles.
The Trustee ojntlnued to ensure that the charity provides high quality almshouse properties by
approvlng routine rna1ntenan￿ and minor repairs.
The Trustee undertcok the annual miew of the monthly rna1ntenan￿ contril)utlon In autumn.
Following an increase In costs but no equiVal￿t inuease In MMC four years, they agreed that
the MMC would have to rise in 2024.
Almghouse Welfarn
The tharlty usually arranges $￿jaI events for the resldents and lJustees eath year- Summer
Tea Paty and Chrfstmas Lunth.
The Summer Tea Party was held In ju￿ as usual with resldents rrEetlng Catherfne kn to fa
for the first time. It Is always a ni￿ c(£asion to bring the residents and directors t￿Jether.
As we have a Small numter of residents, we tske them out for Chrlstmas Lunch to one of the
numerous restsurants nearby. It was a lanje gathering of residents, direttors and other pojple
connected Y￿th the tharity and a very enjoyable aftern￿n.

Page 6
-IN-THE-FIE
AND
ED
ACHIEVEMEiifs AND PERFORMANCE (Contlnued)
Grdnt Making
It was a challenglng year for many. the charity re¥M)rKled as needed by increasing its grant-
maknng. The odglnal grants budget of £82,000 was higher than the prevlous two years (2022:
£62,000, 2021.. £61,000) It VRS alkotaj and apwov&l as fdlows.
Indlvldual Grants
B1￿k Grants
nisation
£18,CrtXI
£8,CKM)
£20,414
£11,000
£53 000
£84,414
rants
TOTAL
£81000
Grants to Charltl•8
Durlng year, the c￿￿11ty avmrded 3 new grants:
Slngle Homeles$ ProJecL' £5,OtK) In Oct 2022 bjt fijlfllkd condltlons of grant In Jan
23. The grant is for the Southampton R(M hostel (whlch has 15 - 18 residents with
complex needs) to Imw)ve the communal spaces and develop an attlvlty projrarnme In
partnershlp resldents.
C4WS Homeless PrnJecL' £24,000 equally over for three years In October.
The grant contrtbutes to the salarles of the Wetfare team for three seasons of the Winter
Night Shelter. The shelter wovides emeryency accommodation for 16 people per nlght
for five months In churches auoss Camden reathlng 60 - 80 Feople in one ￿3r. Each
guest re￿iVeS food, hosky'talrty and a welfare package fwsing on funding more
Fernianent accommcéats'on as well as aSSistsn￿ wlth apptylng for I￿efits, employment
and asylum.
Soup KItd￿n (Whlteflekl Charlty SK Corporallon): £24,000 equally over three
years In Octotrer.
The grnnt contributes to the core cc6ts of the serV￿e. The Soup Kltd)en provides trvJt
meals six days a week In the moming arKI also three evwing means for an average of
2(Xl peO￿e a day. Tly have Ixought in a psychc4(>3ist who offers a drop-in dinic twi
a week and also offer toiletries and dothe5 wthen can.
A 9rant of £3,000 was apwoved for St mUn￿'S in March but it was witkrflrawn at the end of year
as they had promdgj all the monttoring infonnthn for their preknus proi&t. We hope we can
re-establish this relationship in the future.

Page 7
ACHiEveMENTS AND PERFORMANCE {Contlnued)
Grants to Charities (continued)
In pre¥lous years, the charity has abvardej multl-year fundlrrtj for the folk)wlrvJ organ1satlc￿s.
Dragon Hall: £7,910 equally over the three years In SePt￿nl￿r 2021. The grant I￿11
contribJte to thelr Okler People's programme which indudes a WKle range of activltles. Due to
Covid the early focus was on outdtsJ adlwtles at Phoenlx Garden and CDnn&fjng with nature,
arKI offg'te wsits induding Kew Gardens arKI L￿don ZCK).
ShowerBox: £24,000 (£8,LKIO per annurn for three years) In Cthter 2022 to o)ntlnue provldlng
free and secure Sh¢￿erS for the homeless group acTOSS London. They also give out toiletrles,
underwear and other essentials to ensu￿ each day Is less of a challenge for the vulnerable
groups In sc(lety.
Street Stsrnge: £24,000 (£8,1x￿ pv annum for three years) in OLtober 2022 to o)ntlnL
providing free, accesslble and Secu￿ sthge for pwle experbenclng homelessness. This
reduces Fvle's vulneraly'lty while alone on the street and prevents the physical strain of having
to move with telonging5.
Grants to xndmdua￿.
Block Grnnts
The charity prowdes 'bIC￿ grants, to partner organisabons to distribute as small grants to thdr
beneficlarles (who also Ilve In our area of benefit). We renewed grants to all three partners
during the year:
St Andrew Holborn - Awarded £3,(K)O in July
The block grant is used to match cf I0￿Up, their individual grants (of £500) by up to
£500 extra per rerson. They carded forward £2,352 into 2023 from a previous grant
in 2022. They awardaj nine grants totslling £2,176 during Jan - June 2023 $0 they
re￿iVed another grant in July. In the second half of the year, they awarded another
seven grants totslliTNJ £1,325. They cary for¥vard £1,851 Into 2024.
Changlng Lives- Awarded £8,000 In Ju
They manage movtron accommodation to SUFfKYt fomerfy homeless kEOF4e. They
have 28 one-l￿roC￿ flats Whe￿ live Semi-lnde￿ndenty. New tenants
ceive new kitchen applian￿ and a bed W ncrthlng for Ilwng rwm) which they
tske wlth them when they move away. Our grants offer up to £50) per perSC￿ to
chLxJse furnlture and soft furni5hiTh￿ to make the pla￿ fed Ilke 'home'. This helps
people move f(￿lard and have control ovex their fijture, They orried forward £6,640
into 2023 frcrfn a We￿US grant. awar(￿1 11 grants up to Jure tthlling £5,363.
They awarded ￿e MO￿ grant of £464 in November and carrfed foThRrd £8,812 Into
2024.

Page 8
RT
ACHIEVEMEfiws AND PERFORP4ANCE (Continued)
Grnnts to Indlvldual$ (contlnued)
St Glles Indlvldual Grant Programme
The budget allocated for IrKllvidual grants In 2023 was £18,000 after the bLhdget had to be
increased In 2021 In resFKMse to demand.
During 2023, the Charlty approved £20,414 to 33 individuals (2022: £16,677 to 32 Indmduals)
plus £100 annuity for the fomRr Leverton Charity. The artual cc& of the grants awarded was
£19,370 as one grant was nrt tsken up and savings vere made when purchasing the items on
behalf of the benefiaarles. The average grant was £587 whlth Is iElow our maximum, but
several grants v&e aLyyrfe this as tlw may need more than one appliancelitem of fumiture.
APp￿rnat￿Y half of the grantees1Sved outskle our area of benefft (altwh usually nearby)
and were consdera ¢Jn a di5uetional basis. This Is largely due to a grNiing ￿lati¢￿15hlP with St
Pancras welfa￿ Trust who have a larger area of benefit but th funds, so thelr grants tend to
be smaller. When they identify an applkant with extraordinary arCumStan￿ andl or additional
need they refer to us ft)r an extra grant contribution.
The figure (£20,633) In the accounts ￿loW shcm grnnts that were durirrfJ the year whlch
may indude grants apwoved in an eadier year.
We ¢￿tInUed to work In partnership with St Andrew HolbNn, with their Grants Offi￿r
Underta￿ng grant assessments on our behalf.
The majority of grants this year have b￿n for beds and mattresses and white gcods but also
storage furnitu￿ and a sofa. There have teen several rffjuests for flc4)ring as this Is not provlded
for new tenants in scoal housingi despts rt often being a condrtion of their tenarLy. A150, th15
year there have teen severdl requests fy general hcMJsetrdd set up costs as pB)ple move into
new ac£ommoJatlon wlth nothing.

Page 9
IN-THE-FIELDS AN
ijk
ACHIEVEMEpifs AND PERFORMANCE (Continued)
FINANCE REVIEW
Results for the Year
Rental income is derived from a commercial Offi￿ SP￿ in Covent Garden, 24125 MaC￿1n StreeL
The curmt tenant slgned a I￿year lease In July 2015 aThJ has b￿￿ an excellent tenant sln
then.
The net surF4us for the year, after taklrrfj Into account the surplus on Investment assets for the
year of £81,354 (2022.. net l¢)$5es of £130,130), amunted to £36,041 (2022: net deficit of
£151,688). Tc*al incorrE anM)unted to £163,688 {2022: £164,886) and indLxded rentsl income in
resFect of the Chantys properties amountlng to £71,385 {2022: £71,247). £23,247 (2022:
£23,028) from dividerKls arKJ interest of invesljnents, and a)ntributions from Residents
amountlng to £65,006 net of volds (2022: £67,254).
Totsl expendlture amounted to £209,001 (2022: £186,444) wth £204,308 (2022: £171,389)
being incurred on Charitsble Acbwties, £68,859 (2022: £40,910) of which was incurred on the
AlmS1￿u$es, and £84,733 (2022: £92,324) on grdnts and annuitles. Cost of Ralslng Funds
amounted to £4,693 (2022: £15,055). EX￿d1bjre Is anatrysed In nK)re d&ail in rKkn 4 of the
accounts.
ThSs has resulted In Unrestricted Funds at the year*nd of £491,184 (2022: £521,107) Indudlng
£339,070 (2022.. £275,311) of Deggnated Funds, and Pwrnan￿t Endowment Funds of
£2,556,205 (2022: £2,490,241). The assets of the tharity comprise Investment prcI)er￿eS of
£1,495,000 24125 Macklin Street, London WQ, Investments of £1,132,343 managed by
Investec; dIffe￿nt dep051t accounts tctslllng £451,197 vla Charftles Ald Foundat1￿ ￿F¢SIt
Platform managed by Hagstone; and cash balarKes of £42,654 pre(kJminantty in the Current
Account.

Page 10
ILES•lN-
RY UNrrED CHARrrY
FINANCE REVIEW (continued)
Reserves Pollcy
The Trustee has agreed that the chaiity should alm to hold reserves equlwdlent to at least slx
months core wnning costs for tre tharlty, (Induding the almshouses and the indlwdual grants
trwdget). The level of costs has Wn revIeW￿ and upjated and the minlmum level of reseNes
Is £104,000. In aclJltv)n, the Trustee has agreed to add a prowsional sum of £40,000 to cover
pJtential void and rent-free as the lease for the commercial propety is due to exyre In
July 2025.
The charty has a number of de&gnat8J funds, and the* have iEen drawn on during the year
rather than the general resen4es (mcKe in Note 14). The Trustee has agreed to transfer £lOO,000
from general resetve to Cydlcal maintenan￿ Fund in advano of exterior repairs and redecoratlon
programme Flanned ts 2024.
general reserves stsnd at £152,114 so the tharfvs reser4eS are slmllar to the tsrget amounL
Investment Pollcy
The Trustee has prov1ded instructions to the Invesknent Brokets to manage the Investment
FQrtfolio with a wew to athlevlng a balanced retum between ca￿'tal growth and Income wlth
mc(lerate risk profile.
For 2023, the Trustee has InStn￿ the Invesfftnt Brckn to mana9e the portfollo to protsrt
the (real) value of the p￿manent endowment in the current environment of hlgh infiation.
Therefore, the charity will focus on captsi growth and rrf)t seek to generats inmme from
dlvKdend& This approach has tEen maintained for 2024 and will be miew&l ag￿n for 2025.
The Trustee reviews the wfft410 and cash balan￿ on a wular basis.

Page 11
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NrrED CHARrrY
PRINCIPAL RISKS AND UNCERTAIiifIES
The Trustee o)nsklers rtsks In five kw a￿$. stsategy. governan￿ and management;
operatlonal. finanaal. envSronmental and extemal; and legal and statutory. All identified risks a
assessed for both Ilkelihccd of 1xcurren￿ and the potentlal ImFott to g￿ gross rlsk. Mltlgatlng
controls are consideredi gNing a net remaining risk. The risk management strateqrf fonns part
of the planning wo￿55, against whKti the Trus￿ review5 risks formalty erfery year.
The tharfty needs to malntsln apwwlate skllls and ctynmltment wlthln Its trustee Èdy.
Failure to do so gives rise to the risk that the Ly)3rd cannot operdte effecthly. The charity has
estsblished a recruitment and inductron w(Kess for new trustees arKI offers existing trustees
access to a range of tralnlng OPFXThtunltles. Tr trustees undertcok a skllls aud￿ to r￿eW and
agreed a skills action ￿an.
The charfty Is dependent uwn the InstltutKwwl provkled ty the ae￿ ShoubJ the aerk
resign or retire, the charity risks losing access to key staketK%Jer relationships and knowledge.
In future, the charlty wlll seek to expand the way In whth key stskeholder relatlonshlps are
managed so that these are shared rnre WKlety auoss the trustee tcrfjy.
The tharfty Is rdlant u￿n a Ilmlted number of Income streams and could be subjett to a
sudden loss of income, particularly arisiThJ from a VOKI in ￿nts1 of ts property in Mai*lin StreeL
The charity actively monitors monthly income and s*ks to identify any wtential threats of
future loss of Inthme. In the thmlng ptrlod, the thartty ￿11 make flnandal plans for a future
d at Mathlin Street and assess the reserves.
The chatity is dependent UFX)n a thlrthparty suthler (DARV) ft)r the rnaintenan￿ of the
almshouses, with sunificant relian￿ on trEir expertise, knowledge and ac￿$ to other
contractors. A Ser￿￿4evel agreement Is In pla￿, and they deliver monthly reports cn actlvty.
PLANS FOR THE FiTfuRE
The alms of Trustee indude..
Almshouses- complete exterior redec￿￿On and rna1ntenan￿ programme
AtmshryJses- ulxkn fire alami system and other prevention measures
Grants- to klentlfy ltsitlal ne￿ grant PartIC￿lar the new theme of access to
advi
Governan￿- to CDmkl* the Almshouse Ass(Klati￿ health Lt)￿￿
Almshouses- to Prepa￿ for the dlgltal switCh￿r

Page 12
GI
EL
AND
DED
STATEMENT OF TRvsfEE'S RESPONSIBILrrIES
The Ihrivs Trustee is responsi1￿e for tryaring accounts for eath financial year that glve
true fair view of the thari￿s financial activities during the year and of ts stste of affairs at
the end of the year. In weparing the accounts, the Trustee should follow 1*5t Fracti￿ and:
select suitable tLcounting wtkies and apply them conslstenvy;
make judgements and estlmates that are rea%)nable and prudent;
stste whether apF4lcable accountlng standards have been follDwed subhl to any material
departures disclosed and explained in the Kcounts;
prepare the accounts on the going ce￿Wn basls unless It Es Iropwowhte to Fx&ume
that the Charlty wlll continue to oFerate.
The Trustee Is respjnsible for keepir¥J proper accounting reoJrd5 whKh disdose wth reasonable
accuracy at any time the financkil kw)sition of ￿ Charty and whld) enable them to ensure that
the accoynts cornp￿ with the Charlties Art 2011. They are also responslble for safeguarding the
assets of the Charity and herKe taklng reas¢)naNe steps f￿ the weventSon and detectlon of
fraud and other Irregularl￿5.
By order of the Trustee and signed on its behalf
Revd Thomas Sander
air of the Directors of ￿ axrA)rnte Tnkstee
2024

Page 13
ILE
IN-THE-FIELD
MSBURY UNrrED C
Independent examiner's report to the tntstee of St Giles•in-thtrField$ and
Bloomsbury United Charity.
I rep)rt to the trustee on my examlnatlon of accounts of the St Glles-In-th&Flelds and
Blo3msbJry United Charlty (the ￿arIty) for the year ￿ded 31st D￿ernber 2023, Ythich comprlse
the Ststement of ￿nan0a1 Activities, the BalaTr￿ Sheet and related notes.
This repJrt is made to the Trustee, as a L￿￿, in acctydano with the ternis of my engagement.
work has teen undertaken ￿ that I might carry ￿Jt an Independent Examination of the
finaTrial ststements in accordan￿ with the General Directl￿$ glven by the Charity
Commlssloners. To the fullest extent pemiitted by law, I do not accq* or assume responslbillty
to anyone other than the Charity and ts Char7tr<s TNstee as a body for my wcrfk or for thls
report.
Responsltsllitl￿ and basis of report
As the charity trustee of trE Charity, you are responslble for the preparatton of the accounts in
accordance wth the requlrements of the Charltles Att 2011 (the Act'>. The Charltys Trustee
considers that an audr( Is rnt rquired fc* thls year (under Section 144(2) of t￿ Charltles Act
2011) and that an Independent Examinatk)n Is requlred.
I reFort In re$￿t of my examlnatr'on of the Tharitr<s ac£ounts carrled wt under $￿tIon 145 of
the 2011 Act and In orylng out my examlnatlon I have followed all a￿lCAble Dlrectlons glven
the Charlty CommissIc￿ und¥ Sect1￿ 145(5){b) of the Art.
Independent examlnerfg statement
I have compqeted my examlnatl¢M. I confirm that no materbal matters have come to my attentlon
In connertlon wlth the examination giving me cause to LElieve that In any matedal resk*rt:
accountlrvj r￿OrdS were not kept In respect of the Charity as required by sectknn 130 of
the Act; or
the accounts do not accwd wlth those records. cy
the accounts do not coms* wlth the apF4Kzblé requlrements con￿MIng the forni and
content of accounts set out in the Charlbes (Ac(nunts and Reports) Regulations 2008
other than any requlrement that the accounts glve a true and falr view whlth Is not a
matter considered as part of an irKlependent examination.
I have no COn￿rnS and have come auoss no other matters In conneLtk)n with the examlnatl
to whith attention should te drawn in this rewrt in order to enable a woFer understanding of
the accounts to LE reathed.
Rtchard Billinghur5t FCA
Knox CropFer LLP
Chartered Accountants
65 Leadenhall Street
London EC3A 2AD
2024

Page 14
31.
-li1 .113 1

Page 15
E+IE
AND
20Z3
1,495,IMI
1,495,1
1041828
2,627•3
2,536,828
io
li
li
25,052
451,197
26,272
460,898
Investments
Cash at Bank and In Ha￿1
518,903
561,419
CREDrroRS
Amount FalllrKJ D￿
One Year
NET aiRREiif ASSErs
420,046
474,520
NET ASSErs
É3011348
UNREsfRIrn FUNDS
- General FUTr
. ￿gna￿ Fund5
14
14
152,114
245,796
275
li
491,184
2,556,205
521,107
2,490,241
PERMA14EKf ENDOWMEIIT
TOTAL FUNDS
£3 011348
oved ty the Trustee ￿ S 0 4•a- 2024 arml swd on th&r b&df.
Qoir of DireLtcKs of trE cvrtxxats Trus

Page 16
BL
-i1
4Jh
THE ACCOUt4TS
ACCOUNTING POUCIES
The Kcourts have been the histryical cost convention with the exceptr'on of
Investm￿ ￿1th a￿ ir￿Ud￿J at mthet value. The fir¥3noal statwnents have been prepw&J in
aC£Ord￿ with the Ststernt of R￿0mM￿x￿1 ￿￿1￿. Ac(￿n￿r￿j and Repytrng ty tharttle5
thdr accwnts In acC￿tsn￿ with the FInar￿1 ReF(xtirwJ Stsndards applicable in the
LK and Re￿iC ofIreland (FRS 102) aTrJ the finarKial ReF￿hr¥j StsTrJard ¥k4lcatle ¥) the [￿lted
ngJ¢Jn and RewblK of IrdarKI (FRS 102) arKI the (Tharit*s Art 2011.
The (Jwty cnr&titits a Fx*Aic t*nefft ￿tity as defined by FPS 102.
The TrLLqt* cor6h*s ttrwt ttrwe are M m*ial L￿atrIntleS ab)ut the (haritvs abilty to
contlnue as a gJ'rKJ c(￿￿n. In forniro thi5 opinKJn, fc has cCffl￿dered ￿ Impatt of the current
9￿[￿￿(al ri5k5 afKI uncertain dim* orying value of Its assets aKI liakilitses
and future inccffie streams arkd eX￿d¢tiJfe for a perK%Y of at least ￿e ￿￿1th5 from the date
of ap￿al of these flnarKial statermts.
b) Funth
Gu)eral funds rewe5￿t funts of the th* a￿ r￿t swbjttt to any restrlctlcfis ￿ardIng
thelr ￿e and are avallat4e for apFAlcatlon to the gwal wpjses ofthe Charlty. Funds deslgnated
for a pwticufar by the are unrethcted. Re5tnrt￿ Funds a￿ fvnds whlch are
in acc￿dan￿ with SFth reStrit￿ int￿8ed ty dcrKYS (Y have been ratsed Lry the
arlty for a parUoJlar purpose.
c) Incom•
All irKome is recc#Jnis&l orKe tr￿rity has ￿titlem￿t to tre incune, ￿15 probable that the
Income will te received, and the amwnt d IrKome recelvat4e can be nEasured r￿lab￿.
Donati￿S are r￿nISed bankal lthtf d the (knty.
Rental income is recc4Jnised rn a stratht.llne b￿$ w Ihe lease twm. ￿￿regate cost of
lease incenlms is recoJnised as a rexluctiffi to Income over the lease t￿M ￿ a straight-llne basts.
Dlvklerd arhl ￿rte￿5t IncLYne ab? acQ￿rte￿I fLY kn re￿ed as Is any Income tax rrnble
on AKh Inc(Me.
d) EXP•￿It
Uabllltles we rKc•Jnls&a as as S(￿ as thffe Is a legal or construLtve obligation
committing the • to that exrthdrbjre, it is probatle that settknient ￿11 be r8]uir&d, and the
amount of tts oblvJation can k measwed reliabty. Al wdItU￿ is aCc{￿jn￿￿ forth an accruals
bas15. AJI ewses Ind￿Jing SUFPYt costs aThl oWerro￿ costs are alkKatad or apr>Jtion&l to
the apWKable ewdith h&•Jir

Pdge 17
LE>nbTHE.FIELDS
RY
ACCOUNTING POUCIES (continu•d)
Inve51ments a￿ a fm of baslc finar￿jaI investmentand are inlyalty r￿nIs￿l at the1rtr￿s3ttion
value arKJ subsequenty meagjred at fair value as at the ik71a￿e date uslThJ the dosirrtj
quoted market pritt. The statament L( fmanaal actNbt*s iTrYude5 the net galns and losses arislThJ
on revaI￿t￿)n$ d￿￿15 tlYwgh￿t the ￿.
Rea115ed gains losses In¥esbnats are cak%laW as the dfffeTen￿ betwe￿ sak5 prrcewts
and thelr ¢)[￿sn9 ca￿Y7r0 value ty th*r ￿X￿d￿e value if acquiryl gJb5wnt to the ftr5t day (f
the financlal year. Lknrealwl 9alns aTrJ1055es calajlata as the dtffwice L*tween the fair
value at year ￿ arKI t￿1r caryiry val
g) A••ets •nd ￿bIlItI•l
All known cuThent assets n ￿fjht ara)unts at the amtyJnts ¥*ikh ty are eypected
to ￿alIse. ￿1 km¥n I￿￿1￿S are Iwht into the ￿co￿lts at thelr eycl￿ cost.
h) Slgnlficant M•MgeMrtJ￿W￿fits •nd Eatlmatlan Unc•rtalntl
The ft4lowing a￿ the crlvcal j￿jgakn arKI of estimatscn urKertalnty t￿t the
Trusttt have made In the tr* thaty's ￿Co￿ting ￿lIdeS and that ￿e the
mixt swwfficant effeLt on the am(￿nts rwlsal In the fknar#Jal stat￿n￿.
The Chth carrtes tts InveSiM￿ iYq)*ty at fak Yah￿, ￿ chaw belng recLyJnlsed In the
Statement of Fiwoal ktivltles. Tr Trt￿tee has assess8J the value5 ba*J on cuT￿t market
tes axl a￿ ￿ the Lwinlon ljwt the falr value of the Inve5trnert proP¥t￿$ has not changa
mattrialty sirKe the last e¥twnal Valualic¥￿ as dlsckned In note 8 to the finarthl statements.
Etbtots we rwiwj In6tiatty at the sduement amount due after ffj trade dlscoJnt offered. In
resFeci of ￿COUnts Whe￿ th￿e a￿ 1ndKaty￿s that a d￿tor may be Impaired or not collthtrAe,
a wovision is recordèj basad C￿ ￿"MateS to ro￿￿e ttE reCeIvaL￿ balarKe to the amount
that Is Exrected to te collthl. Fartors consfder8J In making a wov15￿ lThJude the histMcal
payment and col￿t￿)n exEeriaKe a￿j debtc*g Q￿bt wcrthlne55.
INCOME FROM IIIVEsfMEifrs
2023
2022
FuThkn
Totsl
71￿85
23,247
71,385
23.247
564
95,196
71,247
23,028
47
Dmdends and Irterest ￿ Lo3n &(Kk
Interest R￿8VaLle
95,196

Page 18
ljk
OR THE YEAR ENDED 3 -
2023
INCOME FROM CHARITABLE ACrnIITZES
2023
2022
Resldent MaInt￿an￿ C£￿trIt￿rtIOr6
67,254
EXPENDMJRE ON
2022
Tot•1
RAISING FUNDS
Legl and Pr￿￿)nal Fees
Prowty RefLthshment
Security
900
2,10)
2,641
2,641
2,137
uttl￿eS (Llght, H* and SU￿rIeS)
Invthent Managvs Fees
47
2023
2022
Carellne
Repalrs and MaInt￿rKe
dkal Repalrs
Property R￿Urt￿Shrnwrt
Manag￿ent F
Llght and Heat
Wat¥ Rates axl Cowol Tax
Insurance
aeaning
Welfa
2,082
13,883
28,026
2,082
9,911
2,557
7,920
5,181
10,649
6,576
1,827
1,479
1,736
3,663
f￿nt0
Annuty
knts to Irthkhjals
ants pa¥a￿e to A]n￿￿e Res#J
Grants tr) (Note 5)
100
20,633
100
16,722
Salartes and Sxlal Seojrtty
Grdnts Offi
Legal and Professi)nal
32,850
2.158
7.305
2,8
196
23,512
2,015
3,756
3,497
187
424
Sundr
]nderthd￿t Examlnatlon
Bank Charg&8
Trustee M*Ung Cc6ts
4,817
411
429
255
171389
No Dirth of the crryrte trustee r￿d ary r#nunertv￿. The ExamInat￿)ft Fee
an￿￿nted to £3,750 exd￿1r￿ VAT. (2022: £3,400).

Page 19
BURY
ijk
FOR THE YEAR ENDED 31ST DE
GRAiifs TO ORGANISATIONS
2023
2022
C4W5*
(higlng Lives
Londcfi Jesus Centre (Man￿1 Jcr
24,0(Kl
502
24,(MM)
Slngk H(Theltss F*Ol￿t
5t Andr￿ Hc4LxJm
St Giles,
3,000
24,1))D
Whitefield a)arity SK CtyForakn (s￿p Ktttren).
75,502
*AwardeA multI-￿ar$ grants
KEY MANAGEMENT PERSONNEL
ManagwMt Perxffirel Is defired as the Thrtttrs rf the (￿K￿e Tru#* and the aerk to the
None of the DlrKtors recelval ary enx)lumert> TrE anoluffthts of (Jerk to Trust*, who
serv&1 durlng the yewi V•ve a5 follM:
2023
2022
Emoluments
32,846
23,512
Total EApenses relmtr￿r￿I to Dlr#tors
35
EMPLOYEE INFORMATION
There were no emrAtrffts recthpjj £60,DJO (2022: NLTh).
The average weekfrrf numbw (* (IrKknllng the a&k to the TTh￿) enptyed ￿riftg year
offi￿ Staff
The FfE clthe avw numtVfA (Inckn*ThJ the C￿ totheTnkn) empkryed durlng
the year was:
offi￿ Staff
Wages and Salartes
Sxial Sethnty Cc6ts
Penslon ContrfLyJflc
32,186
525
23,512
32,846

Page 20
THEA
RTHE
REN
2023
2022
At 1st January 2023
alUa￿On
DIsF4)sal
At 31st Decern￿r 2023
1.495,0
1,495,CIXI
24125 Ma*Jln SW Lutri WC2
1,495,(M)I
24125 Mthjkn Street vms a5 at 315t DeC￿ni￿ 2021 ty Mathth￿ & G￿Jrnan LLP. The
valuaUon was carrknj (wt ty a RIS ReglsttteAI Valw In Xctydan￿ wlth'RtCS Valuation- Proftsslonal
Standards (IncorFrffdtlr¥J Intematlmal Valuatlrm St￿ardS) - Global and UK edition publish&l by
The Royal Institirrion of (h¥tered gjwys, eff&tive from 31 January 2022).. The curmt commerdal
lease C￿ this proFty 15 th for ren￿ in Juty 2025. The Trustee has considered CUr￿t ￿nts1 market
and Its expectstk)ns for renethTrJ the lease a￿1 on th￿e cons1￿￿$, has fc*m&l the opinion
that the falr value of ttE has not slgiiflcanty.
are knated. Thls FKOtW b Inalknatle aThJ Is rM)t vall￿￿ In the ￿ts.
FIXED ASSETS INVEsfMEKrs
1022
Mwket val￿ at Iir January 2023
Additpjns
Tran
DiSFQ5al Pr(te*ts
Unr6311sed/Redlsed Gains
Market Value at 315t Decwrt)tr 2023
41,060
971,753
1,012,813
214,154
223,203
(19,1￿)
(20,000)
(199,474) (207,902) (120,529)
129 547
1,012,813
1,153,200
109,689
(8,428)
43,701
1,034,251
1,077,952
oktr Cash Balances
45.906
1,086,437
1,132,343
1,041,827
In a(klilJon to the aÈove, there Is £11,516 cl unrealisal galn r&r4nizexl ￿ the SOFA In conThxtion w
10. DEBTORS
2023
2022
Resldents Income R￿￿vable
Rental I￿me Re£eNat4e
Investrnent IncLNne Receivable
Trade Debt(X5
15,151
23,914
6,997
2,358

Page 21
NrrED
YEAR ENDED
DECEMBER 2
11. CASH AT BANK AND IN HAND
2023
2022
Ojrrent Acoyjnt
Depog't Account
42,654
451 197
493 851
74,250
12. CREDITORS:
Amounts lallln9 wlthln l Ywr
2023
2022
Conne(tted tharty (Note 13)
Trade Credltors
9,673
(2,979)
8,070
2,757
13. CONNEcfED CHARifJES
The St Glles.kn.thtrFlelds Ch¥lt*s whth
• St Glles-In-thtrFWs aTrJ Wllllwn gth's Ef*xatkThl F￿ndatI[
• St Glles-In-the-Fklds and BkKffiS￿ry Unltexl Owlty
a￿ related ￿Lse have ccfnmcm [￿reLtor5, al￿gh any tra￿tI￿5 lthee￿ the Charths are
at am) s length. St Gles-In-thtrFdls William knlton c￿rfty 1n(xjr￿d costs on behalf of St Glles-
In-thfrHeJds and Blorxnsl￿ry Unittrj Charity affhwnting to £36,543 (2022: £27,298). £9,673 (2022:
£8,070) was due to be ttt yw

Page 22
14. UNREsTrzcfED FUNDS
Trarsfer
31st
D￿ter 2023
2023
in FU￿1$
lthr••trl¢t•d F￿dI
G￿ra1 Funds
113 516
{113,516)
152 114
152,114
245.796
19,834
Dwlgnat¢d Fund•
ERF
CMF
RWF
Grants
95,058
93,835
69,709
4,973
108,543
ILKI,031
174,352
64,687
(28,026)
(5,022)
275,311
(49,757)
113,516
339,070
At 314 OeLemtro 2023
521107
The malntains tvL) deslgnat&l fiJnds set up to C￿ out mayx repairs and cydcal MaInt￿On
at its Amshouses. The fvnds a￿ detsiltsj bd¢)w.
Extraorthnary Rqiak FLmd (ERF)-Thls Is a ￿ furKI for firture major eq)aNlkMJre to whlch tran
are made from the Furnl. It on be drawn UFth to meet mapr of repalr as agr*J
the
Cydical MaInt￿rKe F￿d (CMF)- This fvnd, tri vthlch trarkn are made from the f￿neral Fund, is
to meet maintenatKe (mirrirYJ * ￿)Ul¥ inteJvals. exampbe, internal (rdurbishing ￿tr￿enS and
bathrwjms), extemal red￿Orati￿ and the cost of sl￿ as for Quinquennlal
Tr￿FectK)ns.
Re$d￿ts Wdfare Fu￿1 (RWF) - Thb furyl VAII offw $L¥)￿)rt to Alrrth)use at the dlscretion
of the Trustees. It can (y)vw a rarvje of ge￿al sur¢xrt for all aIn￿ reSId￿ts or sutwt
wific resKlent.
Grants Fu￿1 - Thls fij￿ VAII w￿lre that t￿ (èn maln13in ￿￿1 w wand its grants to
oryanisations ow the fthv years.
with transfers in 2023 of E4,973 £108,543 re5￿trth.

Page 23
LE
E-FIELD
ijk
THE YEAR ENDED
15. IIEf ASSETS BETWEEN FUNDS
Funds
Total
Invesbnent ￿0pertIeS
Quotaa Investsn
Current Assets
cr￿itOrS
1,495,OLKI
I,LIS1,205
1,495,000
1,132,343
518,903
71,138
518,9D3
2 556 205
3 047 389
16. UNITS IN 14ANAGEMEKr
At 311t December 2023 aKI at 31* 2022, the (harfty had Lnlts cl AmI￿j$e
ccomrTh)datkn.
17. COIITINGENT LIABILrnES
At 311t Decenbw 2023, Th) kno¥*n C￿ lith'litles.
18. CAprrAL COMMrnieNT5
2023
2022
Capbta exwditure that has been for but not ￿0VId￿l
for In the FIna￿la1 Ststtt))ats
19. RELATED PARTY TRAN&4cfioNS
Thue a￿ no related party tran5&tKf6 for 2023.