THE NIGEL BERTRAM CHARITABLE TRUST
UNAUDITED REPORT & FINANCIAL STATEMENTS
for the year ended
5 April 2024
Registered charity number: 1122443

THE NIGEL BERTRAM CHARITABLE TRUST
TRUSTEES & ADVISORS
For the year ended 5 April 2024
CHARITY NUMBER
1122443
TRUSTEES
Nigel Andrew Bertram
Anne Jessica Bertram
Geoffrey Demaine Hill
PRINCIPAL OFFICE
Morgan Trusts & Tax Planning
Hanseatic House
7A King Street
Kings Lynn
Norfolk
PE30 1ET
INVESTMENT ADVISORS
Brewin Dolphin
10 Wellington Place
Leeds
LS14AN
BANKERS
Cater Allen Private Bank
9 Nelson Street
Bradford
BD1 SAN
ACCOUNTANTS
RSM UK Tax and Accounting Limited
100 Avebury Boulevard
Millon Keynes
Buckinghamshire
MK91FH
INDEPENDENT EXAMINER
RSM UK Tax and Accounting Limited
Chartered Accountants
Davidson House
Forbury Square
Reading
Berkshire
RG1 3EU

THE NIGEL BERTRAM CHARITABLE TRUST
TRUSTEES, REPORT
For the
ear ended 5 A
ri12024
The trustees present their annual report and financial statements of the charity for the year ended 5 April 2024.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial
statements and comply with the charity's Irust deed, the Charities Acl 2011 and Accounting and Reporting by Charities..
Statement of Recommended Practice (second edition) applicable lo charities preparing their financial statements in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.
OBJECTIVES AND ACTIVITIES
The purpose of the trust is to apply the income and capital to pay grants and donations to any individuals and institutions
in the United Kingdom at the trustees. discretion. The Irustees confimi that they have complied with the duty in Section 4
of the Charities Act 2011 to have due regard to the Charity's Commission general guidan￿ on public benefit "Charities
and Public Benefit". The Trustees, Report cleady sets out the charitable objectives, our current aclivits'es and how they
benefit the public.
GRANT MAKING POLICY
The trusl has established its grant making policy to benefit charitable objects and purposes in the United Kingdom as the
trustees see fit.
FINANCIAL REVIEW
The trust is reliant on income from the investment portfolio wlh Brewin Dolphin. At 5 April 2024, the market value of the
portfolio was £691.51512023 - £628,282) and during the year the trust received £13.551 12023 £14,019) of dividends
and interesl.
Total expenditure in the year was £76,036 (2023 - £100.0201. This amount includes £64,625 {2023 - £88,735) of grants
paid during the year and investment management fees of £6,160 (2023- £5,945) paid lo Brewin Dolphin for Iheir role as
investment advisors.
The net resLJIt in the year was a net surplus of £139,261 {2023- net expenditure of £86,869).
INVESTMENT POLICY, PERFORMANCE & ACHIEVEMENTS
The trust has an investment portfolio wth our inveslment advisors, Brewin Dolphin. We have instrucled them to maximise
the total retum on the trust's ftjnds within the constraints of a medium to low risk investment portfolio. During the year,
there were additions of £92,529 {2023 - £124,614) to the porlfolio. sales of £89.20212023 - £117,430), accrued interest
of£nil (2023- £501 and a revaluation gain during the year of£54,246 {2023- loss £50,868) leaving the market value at 5
April 2024 of£691.515 (2023- £628,282).
During the year, the trust made grants totalling £64.625 to a number of different recipients. The full list of the grants paid
during the year can be found in note 6 to these financial statements.
RISK MANAGEMENT
The principal risk faced by the trust lies in the perf0mlan￿ of investments. The trustees consider variability of investment
returns to constitute the charity's majorfinancial risk. This is mitigated by retaining expert investment managers and having
a diversified investment portfolio.
RESERVES POLICY
The charity's policy is to distribule all its unrestricted funds, as and when suitable funding opportunities are identified. At 5
April 2024. the charity had unrestricted funds of £836.87212023 - £697,611).
PLANS FOR THE FUTURE
The charity will continue lo raise funds through its investments and make grants in line with ils objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The trust is a registered charity, number 1122443. and is constitLrted under a trust deed dated 6 January 2008 set up by
Ihe three original trustees.
New trustees can be appointed by the seluor, Nigel Bertram, at any time. However, the total number of trustees cannot,
at any time, exceed four.

THE NIGEL BERTRAM CHARITABLE TRUST
TRUSTEES, REPORT (CONTINUED)
For the
ear ended 5 A
ri12024
THE TRUSTEES
Details of persons who served as trustees during the year were as follows:
Nigel Andrew Bertram
Anne Jessica Bertram
Geoffrey Demaine Hill
KEY MANAGEMENT PERSONNEL REMUNERATION
The truslees consider the board of Irustees as comprising the key management personnel of the charity in charge of
directing and controlling the charity and running and operating the charity on a day to day basis. All trustees give of their
time freely and no trustee remuneration was paid during the year. Delails of related paty transactions are disclosed in
note 13 to the financial statements.
TRUSTEES. RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The charily Irustees are responsible for preparing a trustees. annual report and financial 5tatemenls in accordance with
applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
The law applicable to charilies in England and Wales required the charity tnjstees to prepare financial statements for each
year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and application of
resources, of the charity for that year. In preparing the financial statements, the trustees a￿ reqUI￿d to-
select suitable accounting policies and then apply them consistentw.
observe the methods and principles in the applicable Charities SORP-
make judgemenls and eslimates Ihal are responsible and prudent-
state whether applicable accounting standards have been followed, subject to any material deparlures that must
be disclosed and explained in the financial statements-
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity
will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any time
the financi81 position of the charity and to enable them to ensure that the financial statements comply with the Charities
Acl 2011, the applicable Charities (Accounts and Reports} Regulations. and the provisions of the trust deed. They are also
responsible for safeguarding the assels of the charity and taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by the trustees and signed on their behalf by=
Ni561 A. B6rtram
Nigel Andrew Bertram
Trustee
Date:
03102/25

THE NIGEL BERTRAM CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE NIGEL BETRAM
CHARITABLE TRUST
For the
ear ended 5 A
ri12024
I report to the trustees on my examination of the financial statements of The Nigel Bertram Charitable Trust for the year
ended 5 April 2024, which are set out on pages 4 to 10.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordan￿ with the requirements
of Ihe Charities Act 2011 {'the 2011 Acl'l.
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Acl and in carrying
OLJt my examination I have followed all the applicable Directions given by the Charity Commission under section 145 (5)(b}
of the 2011 Act.
An independent examination does not involve gathenng all the evidence that would be required in an audit and
consequenlly does not cover all the matters Ihat an auditor considers in giving their opinion on the accounts. The planning
and condLJCt of an audit goes beyond the limited assurance that an independent examination can provide. ConseqLJently,
l express no opinion as to whether the accounts present a Irue and fair view. and my report is limited to those specific
matters set oul in the independent examiner's statement.
Independent examinerfs statement
I have completed my examination. I confirm that no material matters have come to rny attention in connection with the
examination giving me reasonable cause to believe that in any material respecl..
accounting records were not kept in respect of the charity as ￿qUI￿d by section 130 of the 2011 Act,. or
the accounts do not accord with those records" or
the accounts do nol comply with the applicable requirements conceming the form and conlenl of accounts set
out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give
a 'true and fair view, which is not a matter considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order lo enable a proper understanding of the accounts lo be reached.
Kery Gallagher FCA DchA
The Institute of Chartered Accountants in England and Wales
On behalf of RSM UK Tax and Accounting Limited
Chartered Accountants
Davidson House
Forbury Square
Reading
Berkshire
RG1 3EU
Dale:
03102125

THE NIGEL BERTRAM CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
For the
ear ended 5 A
ril 2024
Notes
Total unrestricted
funds
2024
Total unrestricted
funds
2023
Income from:
Donations
Investments
147,500
13,551
50,000
14,019
Total income
161,051
64,019
Expenditure on:
Raising funds
Charitable aclivilies
7,210
68,826
6,905
93,115
Tolal expendilure
76,036
100.020
Net gainsl(losses) on investments
54,246
{50,868)
Net movements in funds
139,261
{86,869)
Reconciliation of funds
Tolal funds brought fonNard
697,611
784,480
Total funds carrled foThvard
836,872
697,611
These unaudited financial statements have been subjected to an independent examination.
See report on page 3.

THE NIGEL BERTRAM CHARITABLE TRUST
Charity no: 1122443
UNAUDITED BALANCE SHEET
For the
ear ended 5 A
ril 2024
Notes
Total unrestricted
funds
2024
Total unrestricted
funds
2023
Flxed assets:
Investments
691,515
628,282
Totsl fixed assets
691,515
628,282
Current assets:
Trade debtors
Cash al bank and in hand
10,000
67,608
151,033
Tolal current assets
151.033
77,608
Current liabilities:
Creditors falling due within one year
10
5,676
8,279
Net current assets
145,357
69,329
Net assets
836.872
697,611
The funds of the charity:
Unreslricled income funds
12
836,872
697,611
Total charity funds
836.872
697.611
The financial statements on pages 4 to 10 were approved by the board of trustees and authorised for issue on
and are signed on its behalf by..
03102125
Nigsl A. Fsrtram
Nigel Andrew Bertram
Trustee
These unaudited financial statements have been subjected to an independent examination.
See reporl on page 3.

THE NIGEL BERTRAM CHARITABLE TRUST
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS
For the
ear ended 5 A
ril 2024
ACCOUNTING POLICIES
BASIS OF PREPARATION
The financial statements have been prepared under the historical cost convention with items recognised at cost or
transaction value unless olhernise stated in the relevant notes to these accounts.
The financial slatemenls have been prepared in accordan￿ with the second edilion of the Charities Stalement of
Recommended Practice issued in October 2019, the Financial reporting Standard applicable in the Uniled Kingdom
and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and faif view and have departed from the Charities
(Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fairf view. This departure
has involved following the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 1021
second edition (effective 1 January 2019) rather than the Accounting and Reporting by Charities.. Statement of
Recommended Praclice effective from 1 April 2005 which has since been wilhdrawn.
The trust constilutes a public benefit entity as defined by FRS 102.
GOING CONCERN
Having carried out a detailed review of the trust's financial performance and position in light of cu￿ent economic
conditions, Ihe trustees are confident that the net asset and unrestricted fund position of the charity will enable it to
continue in operational existence for at least ￿e1ve months from the date of approval of these financial statements.
Thus the Irustees continue to adopl the going concem basis of accounting in preparing Ihe financial statements.
INCOME
All income is recognised once the charity has entitlement to the income. il is probable that the income will be received
and the amount of income receivable can be measured reliably. Donations are recognised when the trust has been
notified in writing of both the amount and settlement date.
Investment income from bank interest is brought into the account gross when receivable. Dividends are recognised
once the dividend has been declared and notification has been received of the dividend due. This is normally urx)n
notifficalion by our inveslment advisor of the dividend yield of the investment portfolio.
EXPENDITURE
All expenditure is accounted for on an accruals basis. Governan￿ costs indude those incurred in the governance
of the charity and its assets and primarily associated with constitutional and slatutory requiremenls.
Grants payable are payments made lo third parties in the furtherance of the charitable objecls of Ihe Irusl. In the
case of an unconditional grant offer this is accrued On￿ the recipient has been notified of the grant award. The
notification gives the recipient a reasonable expectation that they will receive the grant. Grant awards Ihal are subject
to the recipient fulfilling perfomiance conditions are only accrued when the recipient has been notified of the grant
and any remaining unfulfilled condib'on attaching to the grant is outside of the control of the trust.
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there
is uncertainty as to the timing of the grant or the amount of grant payable.
RAISING FUNDS
The costs of generating fijnds comprise of investment management costs and ￿rtain legal fees.
CHARITABLE ACTIVITIES
The costs of charilable activities include grants made and govemance costs.
FIXED ASSET INVESTMENTS
Investments are a fo￿￿ of basic financial instrument and are initially recognised al Iheir Iransaction value and
subsequently measured at their fair value as at the balance sheet date using the closing quoled market price. The
Statement of Financial Activities includes the net gains and losses arising on revaluation and disposals throughout
the year.

THE NIGEL BERTRAM CHARITABLE TRUST
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS (CONTINUED)
For the
ear ended 5
ril 2024
ACCOUNTING POLICIES (continued)
GAINS AND LOSSES ON INVESTMENTS
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on
investments are calculated as the difference between sales proceeds and their opening carrying value or Iheir
purchase price if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated
as Ihe difference belween the fair value at the year end and their carying value. Realised and unrealised investment
gains and losses are combined in the Statement of Financial Activities.
UNRESTRICTED FUNDS
Unrestricted funds are funds which can be used in accordance with the charitable objects al the discretion of the
truslees.
CASH FLOW EXEMPTION
The charity has taken the exemplion under section 7 of FRS 102. pennitted by the ChaTTties SORP, to not prepare a
cash flow as the charity does not meet the definition of a larger charity-
FINANCIAL INSTRUMENTS
The charity only has basic financial assets and liabilities of a kind that qualify as basic financial instruments. These
are recognised at Iransaction value and subsequently at setuement value.
TAXATION
As a registered charity, The Nigel Bertram Charitable Trust is exempt from the payment of income and capital gains
tax in respecl of its Charitable adivilies.
INCOME FROM DONATIONS
2024
2023
Charitable donations
HMRC charities tax repayments
118,000
29,500
40,000
10,000
147,500
50,000
INCOME FROM INVESTMENTS
2024
2023
Dividends received
Interest- fixed interest securities
11,453
2,098
10,518
3,501
13,551
14,019

THE NIGEL BERTRAM CHARITABLE TRUST
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS (CONTINUED)
For the
ear ended 5
ril 2024
EXPENDITURE ON RAISING FUNDS
2024
2023
Legal fees
Investment management fees
1.050
6,160
960
5,945
7,210
6,905
EXPENDITURE ON CHARITABLE ACTIVITIES
Notes
2024
2023
Grants paid lo institutions
Governance costs
64,625
4,201
88,735
4,380
68,826
93,115
ANALYSIS OF GRANTS PAID TO INSTITUTIONS
2024
2023
Blood Cancer UK
Build Charity
Connects & Co
Diabeles Norfolk
Eating Matters
EP Youth
ENYP
Fishing for Schools
Friends of Caslle Acre Church
Lennox Children's Cancer Fund
Make Them Smile
New Life
Norwich Samaritans
Prostate Cancer
Shine (East Norfolk)
St Edmunds Society
Swan Youth Project
The Excelsior Trust
The Hamlet
The Prince's Trust
University of Leeds
K L Samaritans
Lives not Knives
Tom's Trust
500
2,500
2,500
385
3,000
2,000
2,500
5,000
250
2,500
2,000
2,000
500
100
2,500
2.500
1,500
3,000
2,500
1,000
50,000
4,000
50,000
575
50
10,000
64,625
88,735
GOVERNANCE COSTS
2024
2023
Accountancy fees
Independent examination fees
2,521
1,680
2,580
1,800
4,201
4,380

THE NIGEL BERTRAM CHARITABLE TRUST
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS (CONTINUED)
For the
ear ended 5 A
ril 2024
FIXED ASSET INVESTMENTS
2024
2023
UK quoted investments at market value
Market value brought forward
Acquisitions al cost
Disposals at proceeds
Accrued interest
Gainslllosses) on investments
619,654
92,529
189,2021
663,288
124,614
1117,430)
50
(50,868)
54,246
677,227
14,288
619,654
8,628
Cash awaiting investment
Market value carried fO￿ard
691,515
628,282
Investments at fair value
Comprised:
Equities
Fixed interest securilies
Funds
Cash held within the investment portfolio
422,944
107,181
147,102
14,288
396,255
97,641
125,758
8,628
691,515
628,282
All investments are carried at their fair value. Investment in equities and fixed inleresl securities are all traded in
quoled public markets. primarily Ihe London Slock Exchange. Holdings in common inveslment funds are at the bid
price. The basis of fair value for quoted investments is equivalent to the market value, using the bid price. Asset
sales and purchases are recognised at the date of trade at cost.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
10,000
10,000
10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Accruals
4,200
4,079
5.676
5.676
8,279
11 Financial instruments
2024
2023
Carrying amount of financial assets
Inslruments measU￿d at fair value through profft or loss
691,515
628,282
691,515
628,282

THE NIGEL BERTRAM CHARITABLE TRUST
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS (CONTINUED)
For the
ear ended 5
ri12024
12 MOVEMENT IN FUNDS
At 5 April
2023
Income
Expendilure
Gains and
losses
At 5 April
2024
Unrestricted Funds
General fund
697.611
161.051
(76.036)
54,246
836.872
Total charity funds
697.611
161,051
{76,0361
54,246
836,872
At 5 April
2022
Income
Expenditure
Gains and
losses
At 5 April
2023
Unrestrlcled Funds
General fund
784.480
64.019
(100,020)
(50,868)
697,611
Total charity funds
784,480
64.019
1100,0201
150,868)
697,611
13 RELATED PARTY TRANSACTIONS
None of the trustees received any remuneration or any other benefits from the charity during the year {2023'. £nil).
Trustees made donations to the trust amounting to £118.000 (2023 - £40.0001 during the year.
The trustees confimi there were no other related party transactions to disclose.
10