REGISTERED CHARifi NUMBER: 1118962
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
FOR
THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
J W Hinks LLP
Chartered Accountants
and Statutory Auditors
19 Hlghfield Road
Ed8baston
Blrmingham
B15 3BH

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
CONTENTS OF THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
Report of the Trustees
Report of the Independent Audltors
Ststement of Flnancl41 Artlvltle5
8alance Sheet
Notes to the Flnanclal Statements
10 to 17
Detalled Statement of FlnancS4l Artlvltles
18

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2024
The trustee5 present their report with the flnand?I ststement5 of the charlty for the year ended 30 April 2024. The
trustees have adopted the prov15ions of Accountin8 and Reporting by Charitie5'. Statement of Recommended Practlce
applicable to charitles preparin8 their accounts in accordance wlth the Financial Reporknng Standard applicable in the
UK and Republic of Ireland IFRS 1021 (effective l January 20191-
OBJECTIVES AND ACTIVITIES
Objectlves and actlvltles
The object of the Trust is to support such charltable objects, charitable purposes and charitsble in5titution5 in such
manner and In such shares and proportions a5 the Trustee shall frorn tlme to time at their discretion detemilne. This Is
Usually by the glving of cash grants.
The Trustees have detemiined generally to follow the Morrison List both in particular and In splrlt.
The Trust Is simple In strurture. It does not have any employees and does not undertake fund ralslng events. Dlvidend
Income Is received from1Ssted investments and thls Ss used to fund grants to charltable instltutions and historically the
trustees tend to 5pllt the 8rants Into two levels- upper and lower.
There Is no other person other than exlsting Trustees with power to appolnt Trustees. Any occasional recruitment of
new Trusteesls In the hand5 of the exlsting Trustees as is the method adopted for such recrultment.
ApplScations for as515tance are recelved regularly and are revlewed at the Trustees, meetings when declsions on grants
are rnade.
Publlc benefit
The Trustees confirm that they have paid due to regard to the guldance glven by The Charlty Commlssion on public
benefit. All the donations given are considered by the Trustees to be for publlc beneflt, as the charitable or8ènlsatlons
SUPPOrted operate in a wide variety of fields, to the benefit of many communStles. The names of the organisatlons
5UPPOrted In furtherance of the alms of the Charlty are given on page 12 of these flnancial ststements.
ACHIEVEMENT AND PERFORMANCE
Durln8 the period forty charities have received funds from the Tnjst,. helping them achieve thelr charitable obje¢tlves,
to the beneflt of many. All beneficiarles were elther specific charltSe5 mentioned In the Morrison List or were
otherwise consistent with the indicators glven in the Morrison List.
Grants of either £10.325 and £6,225 were 8iven to charities, whlch have a broad ran8e of purpose5 Including helping
the blind, provldlng hospice care. supportin8 the arts, helpin8 the bereaved and carlnB for chlldren, amongst others.
Fll+lANCIAL REVIEW
Reserves pollcy
The Trust malntalns Its unre5trlcted reserve5 at a SLrfficient level for It to meet the mana8ement administratlon and
support costs and for making of charitable grants. The Trustees will ensure that the level maintained is sufficient for
the Trust's current needs and any funds not immediately required will then be invested in accordance with the
Trustees, investment powers should a suitable opportunity occur.
Page I

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABiE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2024
FINANCIAL REVIEW
The Incomlng resources for the period amounted to £301,51212023-. £303,646) which was purely investment income.
Total resources expended amounted to £324,86812023.. £276,160) including £300,02512023.' E246,8001 grants made
and £24,84312023: £29,360) governance costs.
The total net expenditure 15 £413,05012023.. £794,1751, which include5 a 1055 on investments of £389,69412023:
£821,661) which gives total closing fund balances of £5,528,00612023: £5,941,056). Thls is split be￿een unrestricted
funds of £310,17212023,' £333,528) and restricted funds of £5,217,83412023: £5,607,528).
The general policy is that the grants, together with governance costs will usually be expected to be less than the
investment income over the perlod.
The charity holds shares In a portfolio of listed companies and Unlt Trusts. The value of thls portfolio of shares
decreased during the year to £5,413,499 from £5,826,069,. most of thls being due to general reduction in the market
value of listed shares seen during the period.
FUTURE PLANS
There are no plans for changes in the general activities of the Trust at present. The level of future donations to be
made will be determined by the level of funds available.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Invprt71nw rlnr¢irnent
The Loppylugs 3nd Barbara Morrison Charitable Trust is an unincorporated Trust created by the Will dated 23 lulv
19861"Ihe Will l ol the bale Barbara lune Morrison who died 011 2 ? De£eiiiber 20UJ. 11 Is a Re8islered Charily Number
1118962.
The orSgSn31 Trustees were appointed by the Will of Mrs Morri50n and by a First Codicil dated 28 April 1992 and
second Codicil dated 25 May 1993. Subsequent appointments have been by Deed of Appointment by the existing
Trustees. The minimum number of Trustees is two and there is no upper Ilmlt,
Courses are made available to the Trustees when requlred for the purposes of Induction or general tralning.
The Trustees plan In normal circumstances to have no more than two meetin8s per year. The strategy ond activltles of
the Trust are Implemented by correspondence and electric communicatlons throughout the year.
The Trust although technically created by the Will of the late Mrs Morri50n was very much the joint creation of Mrs
Morrison and her late husband, Mr Archibald John Morrison (otherwise known as "Loppylugs'l. Mr and Mr5 Morrison
left behind them a signed document dated July 19861" the Morrison List") which although only advisory, gives a
helpful Indication of the charfties to be benefited by the Trust.
The Charity's day to day operations are managed by The Wllkes Partnership Solicltors. The Wilkes Partnership are
responsible for the day to day management of the charity under the direction of the board of Trustee5.
R15k revlew
The Trustees have have considered the major risks to which the Trust is exposed and have reviewed those ri5k5 and
establlshed systems and procedures to manage those risks. The Trustee5 seek advice from the Trust's stockbrokers
about investments and from the Trust accountants regarding other financial matters. The policy of the Tru5tee5 in
respect of the Trust's Investment5 is generally to seek and follow the advice given by the Trust's Stockbrokers unless
there are contra-indication5. The Trust's stockbrokers are under instruction to manage the investments
conservatively.
Page 2

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Charity number
1118962
PTlnclpal address
CIO The Wilke5 Partnershlp
41 Church Street
Birmingham
B3 2RT
Trustees
Mrj RKay
Mr A C Plddock
Mr J J Harrison
Audltofs
J W Hinks LLP
Chartered Accountants
and Statutory Audltors
19 Hi8hfield Road
Edgba5ton
Blrmingham
B15 3BH
Bankers
Lloyds Bank PIC
36- 38 New Street
Blrmingham
B2 4LP
TRUSTEES, RESPONSIBILifY STATEMENT
The trustees are re5ponslble for preparing the Report of the Trustees and the flnancial statements In accordance with
appllcable law and Unlted Klngdom Accounting Standard5 Iunited Kin8dom Generally Accepted Accountlng Practice)
Including Financial Reporting Standard 102 "The Financial Reportln8 Standard applicable In the UK and Republic of
Ireland.
The law appllcable to charltles in En8land arbd Wales, the Charltie5 Act 2011, Charity (Accounts and Reports)
Regulatlons 21x18 and the provi51ons of the trust deed requires the tnjstees to prepare financSal statements for each
financial year whlch give a true and fair vlew of the state of affairs of the charity and of the incoming resources and
applitation of resources, ineludln8 the income and expenditure, of the charity for that perlod. In preparln8 those
financial statements, the tnjstees a￿ required to
select suitable accounting F)olicies and then apply them cons15tently,'
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless It Is inapproprlate to presume that the charity
will continue in business.
Page 3

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2024
TRUSTEES. RESPONSIBILITY STATEMENT- contlnued
The trustees are responsible for keepin8 proper accounting record5 which dlsclose with reasonable accuracy at any
time the financial posltion of the charlty and to enable them to ensure that the financial ststements comply with the
Charitles Act 2011, the Charity (Accounts and Reports) Re8ulatlon$ 2008 and the provlslons of the trust deed. They are
also responsible for safeguardin8 the a55ets of the charity and hence for tskin8 reasonable steps for the prevention
and (ieteeiion of fraud and other irregularitles.
Approved by order of the board of trustees on ...
. and Signed on its behalf by-
Trustee
Pa8e 4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE LOPPYLUGS AND BARBARA MORRISON
CHARITA8LE TRUST
Oplnion
We have audited the financial statements of The Loppylugs and Barbara Morrison Charitable Trust Ithe 'charity'l for
the year ended 30 April 2024 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the
financial statements, including a Summary of significant accounting policies. The financial reporting framework that
ha5 been applied in their preparation is applicable law and United Kingdom Accounting Standards Iunited Kingdom
Generally Accepted Accountlng Practice), including Financial Reporting Standard 102 'The Finantlal Reporting
Standard applicable in the UK and Republic of Ireland,.
In our oplnlon the flnancial 5tatements'.
give a true and fair view of the State of the tharlty's affalrs as at 30 April 2024 and of Its incomlng resources and
appllcatlon of resource5, for the year then ended,.
have been properly prepared in accordance wlth Unlted Kingdom Generally A¢￿pted Accountin8 Practice,
includin8 Financlal Reportlng Standard 102 'The Flnancial Reportin8 Stsndard applicable In the UK and Republic ol
Ireland,, and
have been prepared in accordance with the requlrements of the Charltles A¢t 2011.
Fasls for oplnlon
We conducted our audit in accordance wlth Internatlonal Standards on Audltin8 IUKI IISAS IUKII and appllcable law.
Our responsibilities under those standards are further described in the Auditors, responsibllities for the audit of the
financial 5tatement5 section of our report. We are independent of the charity in accordance with the ethScal
requirements that are rel￿ant to our audlt of the financlal statement5 In the UK, Includin8 the FRC'S Ethical Standard,
and we have fulfilled our other ethlcal responsiblllties In accordance with these requirement5.
We believe that the
audSt evldence we have obtained is 5ufflcient and appropriate to provide a basis for our opinlon.
Concluslons relatlng to golng concern
In auditing the financial Statements, we have concluded that the trustees, use of the going concern ba515 of accountin8
Sn the preparatlon of the financlal Statements 55 appropriate.
Based on the work we have performed, we have not identified any material uncertalnties relating to events or
condltions that, individually or collectivelyi may cast significant doubt on the charity's abllity to continue as a going
concern for a period of at least twelve months from when the financlal statement5 are authorised for issue.
Our respon5ibilldes and the responsibilitie5 of the trustees wlth respect to golng concern are described In the relevant
sections of thls report.
other Informatlon
The trustees are responsible for the other informatlon. The other information comprises the informatlon Included In
the Annual Report, other than the finan¢lal statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other Informatlon and, except to the extent otherwise
explicitly stated In our report, we do not express any form of assuran¢e conclusion thereon.
In Connection with our audlt of the flnanclal statements, our responsibillty Is to read the other information and. In
doing so, consider whether the other informatlon 15 materially incon515tent wlth the financlal statements or our
knowledge obtained in the audit or otherwise appear5 to be materially misstated. If we identify such materlal
incon5iStencies or apparent material mi55tatements, we are required to determine whether this gives rise to a
material misstaternent In the financial 5t2tement5 themselves. If, based on the work we have performed, we conclude
that there is a material misstatement of thls other information, we are required to report that fatt. We have nothing
to report In this regard.
P?8e 5

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
Matters on whlch we are requlrèd to report by exception
We have nothing to report in respect of the following matters where the Charities IAttounts and Reports) Regulations
2008 requires us to report to you if, in our opinion:
the information given In the Report of the Trustees is inconsistent in any materiol respect wlth the financial
statements,. or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the accountlng records and returns; or
we have not received all the information and explanations we require for our audit.
Responslbllltles of trustees
As explained more fully in the Trustees, Responsibilitles Statement, the trustees are responsible for the preparation of
the financial ststements which give o true and faSr vlew, and for such internal ¢ontrol as the trustees determine Is
necessary to enable the preparation of financSal statements that are free from material misstatement, whether due to
fraud or error.
In preparing the financial statements, the trustees are responsible for assessin8 the charity's ability to continue as a
80in8 concern, discloslng, as applicable, matters related to going concern and using the going concern basls of
accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic
alternative but to do so.
Our re5pon5ibilities for the audlt of the flnancial statements
We have been appointed as audltors under Section 144 of the Charities Act 2011 and report in occordance with the
Act and relevant regulations made or having effect thereunder.
Our objectlVPs are to obtain reasonable 355urance about whether the financial statements 35 a whole are free from
material missratemenl, whetner due to fraud or error, ano ro issue a klepor t ol the Independent Auditors that iniludes
our opinion.
Reasonable assurance is a high level of assurance, but is not a 8uarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material mi55tatement when it exi515. Misstatements can arise from
fraud or error and are considered material if, indivldually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financial Statements.
The extent to which our procedures are capable of detertin8 irregularitie5, including fraud is detailed below..
We identifled areas of laws and regulatlons that could reasonably expected to have a materlal effect on the flnancial
statements and di5CU55ed the policies Ind procedures regarding compliance.
Specific area's considered were as follow5.'
EnquirSng wlth the trustees and others to galn an understsnding of the operatl¢n Itself includlng operatlons, financial
reportin8 and known fraud and error.
Evaluating and understanding the internal control System.
Performing analytical proce(Sures as expected or unexpected variances in account balances or classes of transactions
appear.
-Testing documentation supporting account balance5 or classes of transactions.
Confirming other accounts as appropriate.
A further de5CriPtion of our responsibilitie5 for the audit of the financial statements is located on the Financial
Reporting Council'5 website at www.frc.org.uklauditorsre5pon5ibilities. This description forms part of our Report of
the Independent Auditors.
Page 6

REPORTOF THE INDEPENDENT AUDITORS TOTHE TRUSTEES OF
THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
Use of our report
Thls report is made solely to the charity's trustees, as a body* in accordance with Part 4 of the Charities IAccounts and
Reportsl Regulatlons 2008. Our audit work has been undertaken so that we might state to the charity's tr.ustees those
matters we are required to state to them in an auditors, report and for no other purpose. To the fullest eytent
permitted by law, we do not accept or assume responsibility to anyonè other than the charity and the charity's
trustees a5 a body* for our audlt work, for thls report, or for the opinions we have formed.
k6 nks LLF
J W Hlnks LLP
Chartered Accountants
and Statutory Auditors
19 Highfleld Road
Edgbaston
Blrmingham
B15 38H
Date.,
19 MAd 2￿5
Page 7

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 30 APRIL 2024
2024
Totsl
fund5
2023
Total
funds
Unrestrlcted
fund
Endowment
Funds
Notes
INCOME AND ENDOWMENTS FROM
Investment Income
301512
301,512
303,646
EXPENDITURE ON
Charitable actlvltie$
Grants payable
Governance Costs
300,025
24
300,025
246,800
29,360
Total
324,868
324,868
276,160
Net Ilossesl on Investments
1389 6941
{389.6941
1821,6611
NET IEXPENDITUREI
123,3561
{389,6941
{413,0501
1794,1751
RECONCILIATION OF FUNDS
Total funds brought forward
333,528
5,607,528
5.941,056
6.735.231
TOTAL FUNDS CARRIED FORWARD
310.172
5,217,834
5,528,006
5,941,056
The note5 form part of these flnancial statements
Pa8e 8

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
BALANCE SHEET
30 APRIL 2024
2024
Total
lunds
2023
Total
funds
Unrestricted
fund
Endowment
Funds
Notes
FIXED ASSETS
Investments
195,665
S,217￿34
5,413,499
5,825,069
CURRENT A55ETS
Cash at bank
132,416
132,416
125,221
CREDITORS
Amounts fallln8 due within one year
{17,9091
117,9)9)
19,2341
NET CURRENT ASSErs
114,507
114.507
115,987
TOTAL ASsEfs LESS CURRENT LIABILITIES
310,172
5,217,834
s￿28,006
5,941,056
NET A55Ers
310,172
5,217,834
5,528,006
5,941,056
FUNDS
Unrestrlcted fund5
Endowmentfunds
310,172
5,217,834
333,528
5,607,528
TOTAL FUNDS
5,528,006
5,941,056
The flnancial ststement5 were approved by the Board of Trustees and authorised for Issue on
.,2G.t4 Rts.r.wty. LW.. and were signed on its behalf by:
Trustee
The note5 form part of these financial 5tatement5
Page 9

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
ACCOUNTING POUCIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, whlth is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities-. Ststement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191,, Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Charlties Act 2011. The financial statements have been prepared under the historical cost convention, with the
exception of investments which are Induded at market value, as modified by the revaluation of certain assets.
The charity has tsken advantage of the followlng dlsclosure exemption In preparlng these flnanclal statements,
as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,:
the requirement5 Of Section 7 Statement of Cash Flows.
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
In preparing the financial statemerits, management is required to make estimates and 355umptions which
ffect reported Income, expenses, assets and dlsclosures of contingent assets and Ilabllities. Use of available
Information and application of judgement are inherent in the formation of estimates, tO8ether with
expectations of luture events that are believed to be reasonable under the ¢ircumst3nce5. Actual results in the
ri 1*1 Ir• rni 11d Aiffpr f.nm qi Irh p*timitps
However, given the Lircumstaiices ol the charity, Ihe Trustee5 do not believe chdL there any eSiimaies thai
are 518nlficanl lo the financial statements other than those discussed in the accountin8 policles.
INCOMING RESOURCES
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the
amount can be quantified with reasonable accuracy.
RESOURCES EXPENDED
All expenditure is accounted for on an accruals basis as a Ilability is incurred and has been classified under
headings that aggregate all costs related to the category. Where costs cannot be directly attributed to
partitular headings they have been allocated to activitSes on a ba515 conslstent wlth use of the resources.
The charity is not registered for VAT purposes, the expenditure belng shown inclusive of any VAT.
Expenditure on charitable activities comprises those costs incurred by the charity in delivery of its activitie5 for
the beneflclarSes, which are primarily the costs of the grants.
Governance cost include those costs a550ciated wlth meeting the constitutional and statutory requirements of
the charity and include the audit fee and costs linked to the strategic management of the charity. Governance
costs are included within expenditure on charitable activities.
The general policy for grants is that after allowing for governance costs and a reasonable "cushion" for
unforeseen eventualltles, the balance of income received should be fully expanded in the grants to be made.
Unless Otherwise specified, grants are invariably issued tor the general purposes of the receiving charlty rather
than for specific projects.
Grants offered subject to conditions which have not been met at the year end date are noted as a
commitment but not accrued as expenélture.
Page 10
continued...

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued
FOR THE YEAR ENDED 30 APRIL 2024
ACCOUNTING POLICIE5 - continued
TAXATION
The charitV15 exempt from tax on it5 charitable artivltles.
FUNDACCOUNTING
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the
general objectives of the charity and which have been de5i8nated for other purposes.
Endowment fund5 represent expendable funds that carry no restrictions as regards maSntslnlng the Inltlal
capital but which the trustees have chosen to invest in order to provlde the charity with future income. Income
arising on the endowment funds can be used In accordance with the objects of the charity and Is Included as
unrestricted income. Any capital 8ain5 or losses arising on the investments form part of the fund.
Investment In¢ome and gains are allocated to the appropriate fund,
GOING CONCERN
The financial statements have been prepared on a going concern bas15. The trust Is considered to have
sufficient re50urces to continue in operation for the forseeable future. There are no materlal uncertalntles
surrounding the entity'5 abillty to contlnue as a going concern.
The charity has 51gnificant investments, few fixed expenses andls able to set the value of the grants it glves to
be in-line with Its income. Consequently, the 1Skelihood of the charity encounterin8 financlal dlfficultles is
considered to be extremely low. There are no intentions for the charity to be wound up.
INVESTMENT INCOME
2024
2023
Dlvldends recelvable from equlty shares
Bank Interest
301,319
193
303,564
82
301,512
303,646
GRANTS PAYABLE
2024
2023
Grants payable
300,025
246,800
Page 11
continued.

THE LOPPYLUGS AND BARBARA MORRISON
ChARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR EIIDED 30 APRIL 2024
GRANTS PAYABLE- contlnued
Grants paid to Instltutions
20Z4
2023
Acorn's Childrens Hospice
Birmingham Boys, and Girls, Unlon
Birmingham Children's Hospital
BlrmSn8ham Royal Ballet
Birmingharn St Mary's Hosplce
Carlng for Llfe
Demand
Disabled Sailor's Association
DÉBRA
ESO120061 Ltd (English Symphony Orchestral
Hunts Servants, Fund
Royal Shakespeare Company
Miss Smallwood's Society
Support through Court
6,225
10?25
10325
6225
6225
6,225
6,225
6,225
6.225
6,225
10,325
10,325
10,325
6,225
5,300
8,800
8,800
5,3
5,3CK)
5,3(X)
5,3IXI
5,3C
5,3C(I
5,300
8,800
8,800
5,300
Ginn
5,300
8,800
8,800
5,300
8,800
8,800
5,300
5,3CK)
8,8C
8,800
8,8CQ
8,8C(J
8,8
8,8CN)
8.800
5,3CLI
8,8IK)
5,3C()
5,31X)
5,3
5,3
5.300
if)n
The Artlst's General Benevolent Institution
The Birmingham illue Coat School
The Birmingham Wirele55 for the Blind
The Bumblebee Consenjation Trust
The Chartered Accountants, Benevolent Association
The Churches Conservation Trust
The Foundation lor Conductive Education
The London Stained Glass Repository
The Lord Taverners
The National Benevolent Charity
The People's Dlspensary for Sick Animals
The Royal Air Force Benevolent Fund
The Royal Blrmin8ham Society of Artists
The Royal National Institute for the Blind
The Salvation Armv
The Stained Glass Museum
Revitalise Respite Holidays
Narthex Centre Isparkhilll
The Emily jordan Foundation
Chance to Shine
Bimiingham Botanlcal Gardens
St Gabriel's Centre
6.225
10,325
10,325
6,225
10,325
10,325
6,225
6.225
10.325
10,325
10,325
10,325
10,325
10,325
10,325
6,225
10,325
6,225
6,225
6,225
6,225
6,225
300.025
246,800
All grants made are for the stated general charitable objertlves of the recipient charfties. Where on any
occasion the grant is for or towards a particular charitable project this 15 conveyed to the charity when the
grant is made.
Page 12
continued...

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED30APRIL2024
GRANT5 PAYABLE- ¢ontlnued
No grants were made to Individua1512023 '. none)-
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneratlon or other benefits for the year ended 30 April 2024 nor for the year
ended 30 April 2023.
TRUSTEES. EXPENSES
There were no trustees, expenses paid for the year ended 30 April 2024 nor for the year ended 30 April 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrrtted Endowment
fund
Fund5
Total
funds
INCOME AND ENDOWMENTS FROM
Investment income
303,646
303,646
EXPENDITURE ON
Charftable actlvltles
Grants payable
Governance Costs
246,800
29,360
246,800
29,360
Total
276,160
276,160
Net galnslllossesl on Investments
1821,6611
1821,6611
NET INCOMEIIEXPENDITURE)
27,486
1821,6611
1794,1751
RECONCIUATION OF FUNDS
Total funds brought forward
306,042
6,429,189
6,735,231
TOTAL FUNDS CARRIED FORWARD
333,528
5,607,528
5,941,056
Page 13
continued...

THE IOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30 APRIL 2024
FIXED ASSET INVESTMENTS
L15ted
investment5
MARKET VALUE
At l May 2023
Additions
Disposals
Revaluations
5.825,069
2.142,951
12,357,901}
{196,620)
At 30 April 2024
5,413,499
NET BOOKVALUE
At 30 April 2024
5,413.499
At 30 April 2023
5,825.069
UK investments are represented by
2024
2023
rrfai
Value
Value
Equitie5
Commercial Propertie5
5,029,677 4,901,631
815,822
511,868
4,663,964
1,255,317
4,913,2 19
911.850
Total
5,845,899 5.413,499
5,919,281
5,825,069
Investments in individual entitles held at 30 April 2024 which are over 5% of portfolio by value are
Market
Value
20Z4
Units
In¥e5tment
500.000
390,1XJO
400,00
300,(KJO
UKTrea5ury 3.5% 22110125
Taylor Maritime Investments Limited
UK Treasury4.25%
W S Ruffer Div Return FD I ACC
490,520
312,000
399,060
303,630
9.06
15.4
737
5.61
Page 14
continued...

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30 APRIL 2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
17,909
9,234
MOVEMENT IN FUNDS
Net
movement
in funds
At
30.4.24
At 1.5.23
Unrestrlcted funds
General fund
333,528
{23.3561
310,172
endowment funds
Endowment Funds
S,607,528
{389,694}
5,217034
TOTAL FUNDS
5.941,056
1413,0501
5,528,006
Net movement in funds, included In the above are as follows:
Incomln8
resources
Resources
expended
Galn5 and
losses
Movement
In funds
Unrestricted fund5
General fund
301,51Z
1324,8681
123356)
Endowment funds
Endowment Funds
1389,6941
1389,694)
TOTAL FUNDS
301,512
1324,8681
389,6941
413,050)
Comparatlv•s for movement In tunds
Net
movement
In funds
At
30.4.23
At 1.5.22
Unre5trfrted fund5
General fund
306,042
27,486
333.528
Endowment funds
Endowment Funds
6,429,189
1821,6611
5,607,528
TOTAL FUNDS
6,735,231
1794,1751
5,941,056
Page 15
contlnued...

THE LOPPYLUGS AND BARBARA MORRISON
CHARITABLE TRUST
NOTES TO THE FINANCIALSTATEMENTS- contlnued
FOR THE YEAR ENDED 30 APRIL 2024
MOVEMENTIN FUNDS- contlnued
Comparative net movement in funds, included in the ab¢)ve are as follows:
Incomlng
resources
Resources
expended
Gains and
losses
Movement
In funds
Unrestrlcted funds
General fund
303,646
1276,1601
27,486
Endowment funds
Enéowment Funds
1821,6611
1821,6611
TOTAL FUNDS
303,646
1276,1601
1821.6611
794.1751
A current year 12 rnonth5 and prior year 12 months combined posltion is as follows..
Net
movement
At
Unrestricted funds
General fund
306,042
4,130
310. 172
Endowment funds
Endowment Funds
6,429,189
11,211,355)
5,217,834
TOTAL FUNDS
6,735,231
11.207.2251
5,528,006
A current year 12 months and prior year 12 months combined net movement in funds, Included in the above
are as Follows..
Incomin8
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General fund
605,158
1601.0281
4,130
Endowment funds
Endowment Funds
11,211.3551 11.211,3551
TOTAL FUNDS
605,158
601,0281 11,211,3551 11,207,225)
Page 16
continued...

THE LOPPYLLIGS AND BARBARA MORRISON
CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 30 APRIL 2024
RELATED PARTY DISCLOSURES
Mr A C Plddo¢k is a consultant of The Wllke5 Partnershlp and15 a trustee of the charity. Costs totallin8 £4,283
12023 £7,942) In re5pert of management and adminlstratlon servlces provided by 501icltors. The Wllkes
Partnership, were incurred durin8 the year.
Included in credltors falling due wlthin one year is an accrual for £3,68512023 . £5.335) In respect to the
aforementioned seNice5 that had yet to be Involced and settled.
Page 17

THE LOPPYLUGS AND BARBARA MORRISON
CHARITA8LE TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 APRIL 2024
2024
2023
INCOME AND ENI)OWMENTS
Investment Income
Dividends receivable from equity shares
Bank Interest
301,319
193
303.564
82
301,512
303,646
Total In¢omln8 resour¢es
301,512
303,646
EXPENDITURE
Charitable activlties
Grants to institutlons
300,025
246,800
Support costs
Govemance costs
1,920
84
1,920
20.919
2,040
88
2,040
25,192
Bank charges
Accountancy and legal lees
Management and administration
24,843
29,360
Total resource5 expended
324,868
276,160
Net lexpendlturelllncome before galns and
losses
123,3561
27,486
Reallsed recognlsed galns and losses
Realised Ilossesl on fixed asset investments
{389.6941
1821,6611
Net expendlture
1413,0501
794,1751
Thls poge does not form part of the statutory financial statements
Page 18