REGISTERED CHARITY NUMBER.. 1119799
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 DECEMBER 2024
FOR
THE JOHN LAMBERT CHARITIES- SHEPSHED

THEJOHN LAMBERT CHARITIES- SHEPSHED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEM8ER 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of Flnancial Attivltles
Statement of Financial Posltion
Note5 to the Flnancial Statements
6 to 13

THE JOHN LAMBERT CHARITIES- SHEPSHED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees
have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
prepèring their accounts in accordance with the Flnancial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021
(effective I january 20191.
OBJECTIVES AND AcfiviTIES
Objertlves and alms
The charity has the obligation to manage the scheduled properties and investments applying surplus income after Maintenan￿ and
management and provision for extraordinary repairs in the ration of..
al 1/3 for relief of those in need either generally or persons resident in the Ancient Parish of Shepshed who are in conditions of
need, hardship or distress by making grants of moneyi or providing or paying for items, services or facilities, calculated to feduce
the need, hardship or distress of such persons, subject to certain restrictions.
bl 213 Education Foundation-. in promoting the education, including social and physical training, of persons resident in the area of
the Anciont Parish of Shepshed who have not attained the age of 25 years and who are in need of financial assistance.
The Trijstees employ the professional 5ervicÈs of a property letting agent and manager to collett rents, manage and maintain the
property in a manner to optimise the return from the property investment.
Grants are made after suitable enquiry by the Trustees to recipients under the terms of the object5 noted.
Public benefit
The trustee5 have paid due regard to guidance i55ued by the Charity Commission in deciding what activities the charity should
undertake for the public benefit.
ACHIEVEMENT AND PERFORMANCE
The charity has distributed 2112023= 221 grants in the year, totalling £7,90012023.- £7,750).
1812023: 191 of these Erarits totalling £6,40012023.. £6,650) were distributed to individuals and 312023.. 31 of these grants totalling
£1,50012023- £1,100) were distributed to institutions. These are analy5ed in the appendix to the accounts.
FINANCIAL REVIEW
Reserves policy
The Trustee5 have determined to hold sufficient sums in reserve to enable them to meet, as far a5 possible, ¥Jnexpected major
repairs to the propertie5.
It is resolved by the trustees that cash reserves of £25,000 are set aside for thi5 purpose.
At the end of the year the charity held reserves of £1.192,608 12023 £1,201,907) including cash reseNes of £128,322 12023:
£141,3571 which is considered by the trustee5 to be sufficient ft)r the charity to carry out r(s objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The scheme document was sealed dated 28th February 1972 registerlng Charities.
11 John Lambert lexclusive of the Lambert Educational Foundation). No. 233664
21 The Lambert Educational Foundation. No. 528002.
Both of the above were cancelled on the Register of Charities in lune 2007 with the John LAmbert Charitles, Shepshed No. 1119799
entered on the Central Register of Charities with effect from 22 lune 2007.
REFERENCE AND ADMINISTRATIVE DETAIL5
Registered Charity number
1119799
Princlpal addre55
8 Smithyway
Shepshed
Loughborough
Leicestershire
LE12 9TQ
Page I

THE JOHN LAMBERT CHARITIES- SHEPSHED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
MrA C Roberts
Mrs B Ainsworth
Mr E WAtkin
MrMFox
Mr B Grigg
Mrs CHallam
Mrs P Ollver
Mrs T Whittington
Mr G S Freckelton
Mrj W Wortley (resigned 19.9.241
The body ol Trustees shall consist when complete of twelve competent persons residing in or near the area of the Ancient Parish of
Shepshed. Trustees 3re appointed for a term of five years by the eK15ting Trustees.
There shall be an Annual General Meeting and at least two ordinary meetings in each year.
All known related party information Is disclosed in note 14 of the accounts,
The trustees have assessed the major risks to which the charity 15 exposed, and are satisfied that Systems are in place to mitigate
exposure to the major risks.
Independent Examiner
Niall Kingsley FCA
Duncan & Toplis Limited
3 Princes Court
Royal Way
Loughborough
Leicestershire
LEII 5XR
Clerk to the Trustees
Mrsj Monk
Propetty management agents
Freckeltons Limlted
l Leicester Road
Loughborough
Leics
LEII IAE
Disclosure of infomation to the Independent examiner
Each of the trustee5 has confirmed that there is no information of which they are aware which is relevant to the independent
examination, but of which the independent e*aminer is unaware. They have further confirmed that they have tsken appropriate
steps to Identify such relevant information and to establlsh thèt the independent examiner is aware of such information.
Approved by order of the board of tru5tee5 on ............................................. and signed on its behalf by..
Mr G S Freckelton - Trustee
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE JOHN LAMBERT CHARITIES- SHEPSHED
Independent examiner's report to the trustees of The John Lambert Charities- Shepshed
I report to the charity trLtstees on my examination of the accounts of The John Lambert Charities Shepshed (the Trust) for the year
ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsiljle for the preparation of the accounts in accordance with the requirements of
the Charities Act 20111'the Act'l-
I report in respect of my ex3mlnation of the Trust's accounts carried out under Section 145 of the Act and In carryin8 Out mv
examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to rny attention in connettion with the
examination glving me caL(se to believe that in any material respect=
accounting records were not kept in respect of the Trust as required by Section 130 of the Act,- or
the accounts do not accord with those records- or
the accounts do not comply with the applicable requirements concernlng the form and content of accounts Set out In the
Charities (Accounts and Reportsl Regulation5 2008 other than any requirement that the accounts give a true and fair view
which is not a matter consldered as part of an independent examination.
I have no toncerns and have come across no other matters In connection with the examination to which attention should be drawn
In this report in order to enable a proper understanding of the accounts to be reached.
Niall Kingsley FQA
Duncan & Toplis Limited
3 Pfinces Court
Royal Way
Loughborough
Let￿Ster$hire
LEII 5XR
Date:
CJ s/o%./2(J<
Page 3

THE JOHN LAMBERT CHARITIES- SHEPSHED
STATEMENT OF FINANCIAL AcnviTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and leEacies
35,000
Investments
Other income
51,122
832
58,474
Total
86,954
58,474
EXPENDITURE ON
Charitable artivities
Property Expen5e5
Other Expen5e5
Grants paid
84,371
4,593
7.900
23,797
5,133
7,750
Total
96,864
36,680
Net gains on investments
611
138,608
NET INCOMEIIEXPENDITUREI
19,2991
160,402
RECONCILIATION OF FUNDS
Total funds brought forward
1,201,907
1,041,505
TOTAL FUNDS CARRIED FORWARD
1,192.608
1,201,907
The notes form part of these financial statements
Page 4

THEJOHN LAMBERTCHARITIES- SHEPSHED
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024
2024
Unrestricted
funds
2023
Total
funds
FIXED ASSETS
Investments
Investments
Investment property
Notes
io
li
19.763
1,042,750
18,498
1,042,750
1,062.513
1,061,248
CURRENT ASSETS
Debtors
Cash at bank
12
4.073
128,322
2.374
141,357
132,395
143,731
CREDITORS
Amounts falling due within one year
13
12,3001
13,0721
NET CURRENT ASSETS
130,095
140,659
TOTAL ASSEfs LESS CURRENT LIABILtTIES
1,192,608
1,201,907
NET ASSETS
1,192.608
1,201,907
FUNDS
Unrestricted funds..
Unrestritted- General fund
Designated- Education Fund
Designated-Necessitous Fund
Fair Value reserve
14
914,646
9,664
7,548
260,750
925.145
9,464
6.548
260,750
1,192,608
1,201.907
TOTAL FUNDS
1,192,608
1.201,907
The financial statements were approved by the Board of Trustees and authorised for issue on
were signed on Its behalf by-.
and
Mr G S FreCke￿on - Trustee
The notes form part of these financial statements
Page S

THE JOHN LAM8ERTCHARITIES- SHEPSHED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
GENERAL INFORMATION
The John Lambert Charitie5- Shepshed is an unincorporated charity in England. The charity'5 registered number is 1119799.
The charity's principal place of business is 8 Smithy Way, Shep5hed, Leicestershlre, LE12 9QT.
The charSty has use of an office at 6-8 Belton Street, Shepshed, Leicestershire, LE12 9AB.
The financial ststements are presented in sterling which is the functional currency of the charity and are rounded to the
neèrest £.
The significant accounting pollcies applied in the preparation of these account5 are set out below.
These policies have been conslStef)tly applied to all years presented unless otherwise stated.
The financial ststements cover the individual entity.
The entity constltutes a public beneflt entity as defined by FRS 102.
There are no material tjncertainties relating to Going Concern
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial ststements of the charity, which is a public benefit entity under FRS 102, have been p￿pared in accordance
with the Charities SORP IFRS 1021 '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 IFRS 1021 leffertive l January 20191,, Financial Reporting Stsndard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Char((ies Att 2011. The financial Statements have been prepared
under the historical cost corivention, with the exception of investments which are Included at market value, as modifled by
the revalLtation of certain assets.
The accounts lfinancial statements) have been prepared to give a 'true and fair, view and have departed from the Charities
IAccounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view,. This departure has
involved following the relevant version of the Statement of Recommended Practice applicable to charities preparing their
account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 rather
than the Accounting and Reporting by Charities.. Statement of Recommended Prartice effertive from l April 2005 which
has since been withdrawn.
The ftnancial statements are prepared on a going concern basis under the historical cost convention. modified to include
certain item5 at fair value.
The charity has taken advantage of the following disclosure exemption in preparing these financlal 5tstements, as
permitted by FRS 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland,:
the requirements of Sertion 7 Statement of Cash Flows.
Incorne
All income is recogni5ed in the Statement of Financial Artivities once the charlty ha5 entitlement to the funds, it is probable
that the income will be received and the amount can be measured reliably.
Expendtture
Liabllitles are recognised as expenditure as soon as there is o legal or construrtive obligation committing the charity to that
expenditure, it is probable that 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 accruals basis and has been classified under
heading5 that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings
they have been allocated to activlties on a basis consistent wlth the use of resources.
Grant5 offered subjert to conditions which have not been met at the year end date are noted as a commitment but not
accrued as expenditure.
Page 6
continued...

THEJOHN LAMBERT CHARITIES- SHEPSHED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES- contlnued
Investment property
Investment property is shown at most recent vèluatlon. Any aggregate surplus or deficit arising from changes in fair value is
recogni5ed in the Statement of Financial Activities.
Taxation
The charity is exèmpt from tax on its charitable artivities.
Fund accounting
Unrestricted fund5 can be used in accordance with the charitable objective5 at the discretion of the trustees.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Investments
Investments were recognised initially at fair value. Subsequently they are recognised at fair value with changes recogni5ed
in 'net gainslllo55e51 on investments" in the SOFA as the shares are publicly traded so their value can be measured ￿lIablY.
Debtors and creditors receivable I payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in expenditure.
Critical accountingjudgements and estimation uncertalnty
In the application of the charitable company's accounting policies, management is required to make judgements, estimates
and assumptions about the carrying value of assets and liahilities that are not readily appaient frorrt other sources.
estimate5 and underlying assumption5 are based on historical experience and other fattors that are conside￿d to be
relevant. Artual results may differ from these estimates.
The estimates and underlying assumption5 are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the
revlsion and fttture periods if the revision affects both current and futu￿ periods.
There are no critical accountlng judgements or estimation uncertainty that, ir5 the opinion of the trustees, will have a
material effert on the financial statements.
DONATIONS AND LEGACIES
2024
2023
Donations
35,000
The £35,000 donation received in the year 15 a one-off donation from The Vine House TrusL a charity with Similar
objectives which closed in the year.
INVESTMENTS
2024
2023
Rents received
Deposit account interest
Income from Listed investments
48,930
1,532
660
56.730
1,127
617
51,122
58,474
Page 7
continued...

THE JOHN LAMBERTCHARITIES- SHEPSHED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
GRANTS PAYABLE
2024
2023
Grants paid
7,900
7,750
The total grants paid to institutions during the year was as follow5..
2024
2023
Necessitous Fund
1,500
1,100
The totsl grants paid to individuals during the year was as follow5..
2024
2023
Education FL*nd
Necessitous Fund
5,600
800
5,950
700
6,400
6,650
SUPPORT COSTS
Governan
Costs
Management
Finance
Totals
Property Expen5e5
Other Expenses
84,371
2,481
84,371
4,593
12
2,100
86,852
12
2,100
88,964
Support costs, included In the above, are as follows.-
Management
2024
Total
activities
2023
Total
artivities
Propertv
Expenses
Other
Expenses
R2te5 and water
Insurallce
Postsge and stationery
Sundrie5
Agents costs
Repairs and maintenance
Clerks honorarium
Office cleaning
Legal & professional
4,346
2,388
4,346
2,388
268
163
10,281
67,356
1,500
550
2,344
166
268
163
10,281
67,356
7,036
13,575
1,400
520
1,060
1,500
550
84,371
2,481
86.852
26,950
Page 8
continued...

THE JOHN LAMBERT CHARITIES- SHEPSHED
NOTE5 TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
SUPPORT COSTS- contlnued
Finance
2024
Other
Expenses
2023
Total
activities
Bank charges
12
GovemancÈ t05t5
2024
Other
Expenses
2023
Total
activities
Independent examiner's iemuneration
2,100
1,980
INDEPENDENT EXAMINERS, REMUNERATION
2024
2023
Independent examination
2,100
1,980
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2024 r>or for the year ended
31 December 2023.
Trustees, expenses
The reimbursement of trustees, expenses was 35 follows-
2024
NLtmber
2023
Number
2024
2023
Reimbursement of charitable expendEture
incLtrred
163
163
EMPLOYEES
There were employees and therefore no payroll in operation during the year. Thère were 10 trustees12023.. 101 and the
clerk to the trustees.
io.
FIXED ASSET INVESTMENTS
Investments
MARKET VALUE
At ljanuary 2024
Additions
Revaluations
18,498
654
611
At 31 December2024
19,763
NET BOOKVALUE
At 31 December2024
19,763
At 31 December2023
18,498
There We￿ no investment assets outslde the UK.
Page g
continued...

THE JOHN iAMBERTCHARITIES-SHEPSHED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
io.
FIXED ASSET INVESTMENTS- continued
Cost or valuation at 31 Oecember 2024 is represented by..
Investments
Valuation In 2024
19,763
Although the fixed asset investments are included In the financial statements at market valuation, the original cost of the
assets is unavailable as they were acquired before the involvement of any of the current Trustees. Therefo￿ it is not
possible to disclose the unrealised gaSns that are Included withlr> the above funds.
INVESTMENT PROPERTY
ii.
FAIR VALUE
At l January 2024
nd 31 December2024
1,042,750
NET BOOK VALUE
At 31 December 2024
1,042,750
At 31 December2023
1,042,750
Investment Properties
The properties listed below have been owned for many years by the charity. The most recent forrnal valuation, a5 at 31st
December 2023, was carrled out by the Propety Management Agents at open market value. The charity has the use of an
office within 6 & 8 8elton Street considered to be of immaterial value for accounts apportionment purposes.
Opening
Valuation
Closing
Valuation
Properties at Shepshed, Leics
2 Belton Street
4 Belton Street
6 & 8 Belton Street
10 Belton Street
12 Belton Street
14 Belton Street
16 Belton Street
18 Belton Street
20 Belton Street
214 Britsnnia Street
97,500
97,500
102.500
101,500
103,750
107,500
97,500
97,500
97,500
140,000
97,500
97,500
102,500
101,5(K)
103,750
107,500
97,500
97,500
97.500
140,000
1,042,750
1,042,750
The Trustees have reviewed investment property values as at 31 December 2024 and are satlsfied that they have not
changed materially.
Fair value at 31 December 2024 is represented bv=
Valuation in 2024
1,042,750
Page 10
continued...

THE JOHN LAMBERT CHARITIES- SHEPSHED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
Prepayments
3,874
199
2,178
196
4,073
2,374
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
Accrued expenses
1,060
2,012
2,300
2,300
3,072
MOVEMENTIN FUNDS
Net
Transfers
between
funds
movement
in funds
At
31.12.24
At 1.1.24
Unrestricted funds
Unrestricted- General fund
Designated- Education Fund
Designated-NecessitOU5 Fund
Fair Value re5eThe
925,145
9,464
6,548
260,750
11.3991
15,6001
12,3001
19.1(X)I
5,800
3,300
914,646
9,664
7,548
260,750
1,201,907
19,2991
1,192,608
TOTAL FUNDS
1,201,907
19.2991
1,192,608
Net movement in funds. included in the above are as follows..
Incoming
resource5
Resources
expended
Gain5 and
losses
Movement
in funds
Unre5tri(ted fund5
Unrestrirted- General fund
Designated- Education Fund
Designated-Necessitous Fund
86,954
188,9641
15,6001
12,3001
611
11,3991
15,6001
12,3001
86,954
196.8641
611
19,2991
TOTAL FUNDS
86.954
196,8641
611
19,2991
Page 11
continued...

THE JOHN LAMBERT CHARITIES- SHEPSHED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
MOVEMENT IN FUNDS- contlnued
Comparatives for movement in fvnds
Net
movement
in funds
Transfers
between
funds
At 1.1.23
At
31.12.23
Unrestrlrted funds
Unrestricted- General fund
Designated- Education Fund
Designated-Necessitous Ftjnd
Fair Value reserve
903,743
9,414
5,348
123,000
30,402
15,9501
11,8001
137,750
19,000
6,000
3,000
925.145
9.464
6.548
260,750
1,041.505
160,402
1,201.907
TOTAL FUNOS
1,041,505
160,402
1,201,907
Comparative net movement in funds, included in the above are as follows:
Incoming
resource5
Resources
expended
Gains and
1055es
Movement
in fund5
Unrestrirted funds
Unrestricted- General ft(nd
Designated- Education Fund
Designated-Necessitous Fund
Fair Value reserve
58,474
128,9301
15,9501
11,8001
858
30.402
15,9501
11,8001
137,750
137,750
58,474
136,6801
138,608
160,402
TOTAL FUNDS
58,474
136,6801
138,608
160,402
The designated funds for Necessitous and Education Grants in accordance with the Trust document are derived from an
311ocation of surplus income after account has been made for general expenditure, management costs etc, of investment
property and appropriate provision for repair and refurbishment of investment property.
RELATED PARTY DISCLOSURES
15.
There were no related party transactions for the year ended 31 December 2024 or the year ended 310ecember 2023.
FINANCIAL INSTIIUMENTS
16.
The carrying amount of the charity's financial instruments are as follows..
2024
2023
Financial assets at fair value thn)ugh if7come and expenditure
Listed investments
19,763
18,498
The incomes, expenses, net gains and net losses attributsble to the charity's financial Instruments are summarised as
follows-
2024
2023
Net gains and1055es (including changes in fair value)
Financial assets measured at fair value through net income/expenditure
611
858
Page 12
continued...

THE JOHN LAMBERT CHARITIES- SHEP5HED
NOTES TO THE FINANCIAL STATEMENT5- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
16.
FINANCIAL INSTRUMENTS- continued
The total dividend income from financi31 assets that are measured at fair value through the income statement was £660
12023- £6171.
Page 13

THE JOHN LAMBERT CHARITIES- SHEPSHED
APPENDIX I-GRANTS PAID
FOR THE YEAR ENDED 31 DECEMBER 2024
Education Fund Grants
Individuals
30/0912024 Sophie Watson
3010912024 Ruby Rees
05/1112024 Winnie McKenna
0111012024 Liam Cunningham
3010912024 Scott Moss
01/10/2024 Freya Lakin
0211012024 Jon Luke Walker
25/0912024 Alice Phelp5
350
350
350
350
350
350
350
IE I
2211012024 Helena Mayfield
2211012024 Ella Monk
22/1012024 Nathan Tomlinson
1911212024 Millie Hewitt
1211112024 Amy Whitmore
14/1012024 Charlotte Jaques
08/1112024 Lydia Bird
20112/2024 Rhianne Lucavec
350
350
350
350
350
350
350
350
350
Necessitous Fund Grants
Institutions
0211012024 Without Walls
1711212024 2, Shepshed Girls and Boys Brigade
1811212024 6" Shepshed Guides
500
500
500
Individuals
18/0712024 Hannah Bramley
1511012024 Katie Kerr-Preston
450
350