DR SHEILA MILLAR-DANKS.CHARITABLE TRUSt
UNAUDITED FINANCIAL STATEMENTS FOR THÉ YEAR ENbED 5 APRIL 2024

DR SHEILA MILLAR.DANKS CHARITABLE TRUSt
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
Pa8e
Trust Informatlon
Trustees, Annual Report
Ree¢lpts ahd PayMeh¢s Aecoilttt
Statement of Assets and Llabllltles
Notes to the Èlnanclal Statement$

DR SHEILA MILLAR-DANKS CHARITABLE TRUST
TRUST INFORMATION FOR THE YEAR ENDED 5 APRIL 2024
Trustees:
D Last
Mrs P Last
Mrs E V Woollard
Investment Manager:
St. James's Place
Unit 5 Snetterton Business Park
Harllng Road
Snetterton
Norwlch
Norfolk
NR16 2JU
Sollcltors:
Prettys Sollcitors LLP
6th Floor
St Vincent House
I Cutler Street
Ipswlch
Ipi iuo
Independent Examlner:
M J Mortlmer FCA FCCA
Knights Lowe Ltd
Chartered Accountants
Crane Court
302 London Road
Ipswlch
Suffolk
IP2 OAJ
Page I

DR SHEILA MILLAR-DANKS CHARITABLE TRUST
TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 5APRIL 2024
The trustees present thelr report together wlth the flnanclal statementsof the charlty for the year
ended 5 April 2024, whlch have been prepared on a recelpts and payments basis. The flnancial
staternents have been prepared In accordance wlth the charlty's constitutlon and appllcable law.
Objectlves and actlvltles
The object5 of the charity are to pay or apply the Income or capltal of the charlty for the beneflt of
charltable Instltutlons, that the trustees In thelr absolute dlscretlon thlnkflt.
The charity awards grants to charltable Instltutlons. The trustees revlewapplicatlons for grants when
recelved and grants are awarded at the trustees, dlscretion. Durlng the year£226,00012023: £75,882)
was pald to charltable Instltutlons.
The trustees have had regard to the guldance Issued by the Charlty Comnlsslon on publlc beneflt.
A¢hlevements and performance
Durlng the year 5 grants12023: 6) totalllng £ 226,000 (2023: £75.882) were awarded to charltable
Snstitutlons under the terms of the Trust Deed. The grants have helped further the objectlves and
actlvltles of these charltable Instltutlons. No grants were awarded to Ind￿Idual$.
Flnanclal revlew
The charlty recelved funds under the Trust Deed, by way of the Injectlonof an exlstlng Investment
portfolio. These funds generate Income, whlch Is used for the purpose ofgrant makin& In accordance
wlth the objects set out above. The fund generated Income of £64,13612023: £56,579) In the year to
flnance Its charltable actlvltles. In addltlon, dlsposal proceeds of £224,OOL) (2023: £80,000) were
recelved from the sale of Investments durlng the year. Dlrect charltable expendlture of £226,000
(2023: £75,882) was made In the form of grants to charltable Instltutlons. At the flnanclal year end,
cash balances were £36,730 {2023: £42,885) and the total falr value of the Investments held was
£2,471,290 {2023: £2,495,311).
In accordance with the governing document, the trustees have the power to Invest In such stocks,
shares, investments and property as they see flt. The trustees engaged St. Jarnes's Place as Investment
Manager. The policy Is to adopt a low to medlum rlsk Investment strategy to protect, In absolute
terms, the capital value of the fund whllst produclng a sustainable and growlng level of Income, and
also provldlng the potentlal for longer term growth of capltal In real terms.
The charlty holds reserves in the forms of investments to produce a sustslnable and growlng level of
Incorne. At the year end, the falr value of the Investments held were £ 2,471,29012023: £2,495,311).
Incorne arlslng on these reserves can be used In accordance wlth the objects of the charlty. The
trustees have the power to convert these reserves into Income.
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Structure. governance and management
The Dr Sheila Millar-Danks Charitable Trust Is an unincorporated trust and is constltuted under the
Trust Deed dated 16 January 2006. The Trust is a registered charlty (no. 1113906).
The power to appolnt addltlonal trustees Is vested in the current trustees. and Is exerclsable In wrltlng.
Should new trustees be appolnted, the existing trustees would take responsibilityforthelr induction.
Reference and admlnlstratlon detalls
Dr Sheila Mlllar-Danks Charltable Trust (no. 1113906)
Prlnclpal address:
Prettys Sollcltors LLP
6th Floor
Vlncent House
I Cutler Street
Ipswlch
Ipi iuo
Trustees:
D Last
Mrs P Last
Mrs E V Woollard
The trustees declare that they have approved the trustees, report above,
D Last
Mrs P Last
Mrs EV Woollard
Date:
IC>1 1I2S
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DR SHEILA MILLAR-DANKS CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE DR SFIEILA-MILLAR-DANKS CHARITABLE
TRUST (no. 1113906)
Independent examTner's report to the trustees of the Dr Shella Mlllar-Danks Trust
I report to the trustees on my examination of the financial statementsof the above charlty ("the Trust") for
the year ended 5 April 2024.
Responslbllltles and basls of report
As the charity trustees of the Trust, you are responslble for the preparation of the financlal statements In
accordance with the requlrements of the Charities Act 2011 ("the Act").
I report in respect of my examlnation of the Trust's financlal statements carried out under section 145 of
the 2011 Act and In carrylng out my examlnation, I have followed the appllcable Dlrections given by the
Charlty Commlsslon under sectlon 145{5){b) of the Act.
Independent examlner's statement
I have completed my examinatlon. I conflrm that no material matters have come to my attentlon In
connection with the examlnatlon whlch glves me cause to belleve thatin any materlal respect:
l. accounting records were not kept In accordance wlth sectlon 130 of the Charitles Act; or
2. the financlal statements do not accord wlth the accountlng records.
I have no concerns and have come across no other matters In connectlDn wlth the examinatlon to whlch
attentlon should be drawn in order to enable a proper understanding of the financlal statements to be
reached.
M J Mortlmer FCA FCCA
Knlghts Lowe Ltd
Chartered Accountants
Crane Court
302 London Road
I pswich
Suffolk
IP2 OAJ
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DR SHEILA MILLAR-DANKS CHARITABLE TRUST
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
Note
Recelpts
Interest
Dividends
Bank Interest
33,470
30,666
31,317
25,262
64,136
56,579
Proceeds from sale of investments
224,000
80,000
Total recelpts
288,136
136,579
Payments
Grants
Tax deducted at source
Legal & professlonal fees
226,000
75,882
4,155
230,155
3,148
79,030
Purchase of Investments
64,136
56,579
Total payments
294,291
135,609
Net (payments)/recelpts
(6,155)
970
Cash funds at 6 Aprll 2023
42,885
41,915
Cash funds at 5 Aprll 2024
36,730
42.885
Approved by the Trustees and authorised for issue on
and slgned on Its behalf:
D Last
Mrs P Last
Mrs E V Woollard
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DR SHEILA MILLAR-DANKS CHARITABLE TRUST
STATEMENT OF ASSETS AND LIABILITIES AT 5 APRI L 2024
2024
2023
Cash Funds
Cash at bank and In hand
36,730
42.885
Valuatlon
at S Aprll
2024
Valuatlon
at 5 Aprll
2023
Investments
2,471,290
2A95,311
The net movement in the valvatlon of investments during the year comprlses changes In market
value, dlsposals and acqulsitions funded both from the Trusts resources and externally.
Llabllltles
2024
2023
Professional fees
1,090
1,097
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DR SHEILA MILLAR-DANKS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
INCOME
Tax deducted
at source
Gross
Net Income
Investments - St James's Place
Interest
Dividends
33,470
30,666
33,470
30,666
64,136
64,136
GRANTS
Suffolk Prlckles Hedgehog Rescue
Cats Protectlon
PDSA
Blue Cross
RSPCA
2,000
4,000
5,000
180,000
35,000
226,000
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