Charity number: 1129340
THE D M F ELLIS CHARITABLE TRUST
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
31 DECEMBER 2024

THE DMF ELLIS CHARITABLE TRUST
Content5
Page
Reference and administrative information
Trustees, report
Independent Examinerfs report
Statement of financial activities
Balance sheet
8-14
Notes to the financial statements

THE DMF ELLIS CHARITABLE TRUST
(created by a Declaration of Trust dated 20 April 2009 pursuant to the provisions of the Will of Doree
Mary Fitzgerald Ellis who died on 30 October 20081
REFERENCE AND ADMINISTRATION INFORMATION
Registered Charity Number 1129340
Trustees
Peter Gary Barber
Louise Sarah Woodhead
Michael Wells
Clerk
Louise Ruane
Address
clo Pear Tree Cottage
Yarrington Road
Alfrick
Worcs
WR6 SEX
8ankers
Cater Allen
2 Triton Square
London
NWI 3DU
Solicitors
Mills & Reeve LLP
78-84 Colmore Row
Birmingham
B3 2AB
Independent Examiner
Duffy Regan & Co
9 Malvern Road
St lohr)'s
Worcester
WR2 4LE
Investment Advisers
Barratt and Cooke
5 Opie Street
Nonmich
NRI 3DW
Pagel I

THE DMF ELLIS CHARITABLE TRUST
TRUSTEES, REPORT
YEAR ENDED 31 DECEMBER 2024
The Trustees present their report along with the financial statements of the Charity for the year
ended 31 December 2024.
The financial statement5 have been prepared in accordance with the accounting policies set out in
the notes to the accounts and comply with the Charitls governing document, the Charities Act 2011
and 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-
STRU￿uRE GOVERNANCE AND MANAGEMENT
The D M F Ellis Charitable Trust was created pursuar)t to the terms of clause 6131 of the Will dated
11 September 1992 of Doree Mary Fitzgerld Ellis who died on 30 October 2008.
The Trust was registered with the Charity Commission on 28 April 2009 and the governing document
is the declaration of trust created on 20 April 2009.
The Trustees who have setved during the period and since the year end are set out on page l. The
Trustees have the power of appointing new trustees. The Trustees meet at approximately six
monthly inteNals although applications for grants are considered all year round.
The day to day management of the Charity is carried out by the Clerk, who also deals with the day to
day financial management of the Charity and provides the Trustees with up to date financial
information at trijstee meetings.
The Trijstees have reviewed the major risks to which the Charity is exposed, in particular those
relating to operations and finances, and are satisfied that systems are in place to mitigate exposure
to those risks.
OBJECTIVES AND ACTIVITIES
The objectives are to apply the income, and all or such parts of the capit31 as the trustees think fit
Iwhether through donations to other charities or by any other charitable means) for or towards such
charitable purposes as the trustees think fit.
The Charity has general grant-making charitable objects.
The Trustees have referred to the guidance contoined in the Charity Commission's general guidance
on public benefit when reviewing the Trust's aim and objectives and in planning future activities. In
particular, the trustees have considered how planned activities will contribute to the aims and
objectives set.
ACHIEVEMENTS AND PERFORMANCE
During the period the Trustees made grants totalling £339,06112023 - £225,619) in furtherance of
their grant-making objects.
Pagel 2

FINANCIAL REVIEW
The Trustees aim to spend all current income and do not consider it necessary to hold any level of
income reserves.
The Trustees have wide investment powers subject only to the general duty of care set out in the
Trustee Act 20￿. The Charity's investment strategy is to maintain a balance between income
generation and capital growth.
The Trustees accept a moderate level of risk as defined in the agreement with the Charitvs
investment managers through a managed and diversified portfolio of investments.
The main risk to the Charity from financial instruments lies in the combination of uncertain
investment markets and volatility in yield. Liquidity risk is anticipated to be low as all assets are
traded. The Charity's investments are mainly traded in markets with good liquidity and high trading
volumes. The Charity has no material investment holding5 in markets subject to exchange controls
or trading restrictions.
The Charity manages these investment risks by retainin8 expert advisors and operating an
investment policy that provides for a high degree of diversification of holdings within investment
classes that are quoted on recognised stock exchanges. The Charity does not make use of
derivatives and Similar tomplex financial instruments as it take5 the view that investments are held
for their longer term yield total return, and historic studies of quoted financial instruments have
shown that volatility in any particular 5 year period will normally be corrected.
The Charity's Financial Statements are set out in pages 6-14.
The Trustees are satisfied that the Charity's financial position as shown on the Balance Sheet on
page 7 is adequate for the purpose of fulfilling the Charity's obligations for the foreseeable future.
For this reason they continue to adopt the going concern basis in preparing the financial statements.
TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The trustees are responsible for preparing the Trustees. Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England arid Wales required the Trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the Charity
and of the incoming resources and application of resources of the Charity for that period. In
preparing these financial statements, the Trustees are required to-.
Select suitable accounting policies and then apply them consistently-
Observe the methods and principles in the Charities SORP IFRS 1021,.
Make judgements and estimates that are reasonable and prudent-
State whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements; and
Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the Charity will continue in business.
Pagel 3

The Trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the Charity and enable them to ensure that the
financial statement comply with the Charities Act 2011, the applicable Charity (Accounts and
Reports) Regulations and the provision of the trust deed. They are also responsible for safeguarding
the assets of the Charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
FUNDS HELD AS CUSTODIAN
The Charity does not hold funds as custodian.
Approved by the Trustees on
° H
20
Page 14

INDEPENDENT EXAMINER'S REPORT
THE D M F ELLIS CHARITABLE TRUST
FOR THE YEAR ENDED 31 DECEMBER 2024
I report to the trustees on my examination of the accounts of The DMF Ellis Charitable Trust (the
Trust) for the year ended 31 December 2024.
Res
onsibilities and basis of re
As the charity trustees of the Trust you are responsible for the preparation of the accounts in
accordance with the Charities Act 2011 (the Act).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the
2011 Act and in carrying out my examination I have followed all the applicable Direction5 given by
the Charity's Commission under section 14515llbl of the Act.
Inde
endent examlner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with my examination giving me cause to believe that in any material respect..
l. accounting record5 were not kept in respect of the Trust as required b'i sedion 130 of the Act; or
2. the accounts do not accord with those records: or
3. the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any
requirement that the accounts give a 'true and fairf view which is not a matter considered as part
of an independent examination.
I have no concerns 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.
James Wright-Anderson FCCA
Chartered Certified Accountant
Duffy Regan & Co.
9 Malvern Road
Worcester WR2 4LE
Pagel 5

THE D M F ELLIS CHARITABLETRUST
STATEMENT OF FINANCIAL A￿1VITIEs
FOR THE YEAR ENDED 31 DECEM8ER 2024
Unrestricted
Funds
2024
Totsl
Funds
2024
Total Funds
2023
Note
Income and Èndowments from:
Investmet)ts
Totsl Income
Expenditure on:
Charitable activities
Grants
Support costs
339,061
339,061
225,619
Total Expenditure
341175
341 175
227 719
Net expenditure before investment gains/
(losses)
1307,6771 1307.6771
1187,5041
Net gains /110sses1 on investments
Net income I (expenditure) before other
recognlsed gains and 1055e5
1295,7721 1295,7721
1131,3741
Net Movement in Funds
1295,7721 1295,7721
1131,3741
Recontiliation of Funds:
Total Funds brought forward at l January 2023
1379 691 1379 691
1511065
Total Funds carried forward at 31 December
2024
The statement of financial activities includes all gains and losses recognised in the year. All incomin8
resources expended derive from continuing activities.
Page 16

THE D M F ELLIS CHARITABLE TRUST
BALANCE SHEET ASAT 31 DECEMBER 2024
Note
2024
2023
Fixed Assets
Investments
1,039,167
1,310,755
Current Assets
Cash at bank
45.352
69,536
Current liabillties
Amounts falling due within one year
6(KJ
Net Current Assets
Total Current Assets
Represented by:
Unrestricted Funds
The notes on pages 8- 14 form part of the financial statements.
The financial statements on pages 6- 14 were approved and signed by the Trustees
on
13" H*
2025.
Pa8e17

THE D M F ELLIS CHARITABLE TRUST
NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
I. ACCOUNTING POUCIES
The Charity Constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordance with the Statement of Recommended Practice.. Accounting and
Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and Charities Act 2011.
The particular accounting policies adopted are:
a) Accountlng Conventlon
The accounts are prepared on the historical cost basis of accounting modified to include listed
investments at market value. Incoming resources and the application of those resources have been
accounted for on the accruals basis of accountin8.
b) Investments
Investments are initially recognised at their transaction value and subsequently measured at their
market values as at the balance sheet date using the closing quoted market price. The statement of
financial activities includes the net gains and losses arising on revaluation and disposals throughout
the year.
c) Investment Gains and Losses
Realised and unrealised gains and losses on investments 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 the values transferred in from the estate or purchase date if later.
Unrealised gains and losses are calcLtlated as the difference between the market value at the end of
the period and the transferred in value or purchase date if later.
d) Income
Income from investments is accounted for in the year in which it is reteivable. Interest on bank and
stockbroker deposits is atcounted for in the year in which it is received.
e) Expendlture
Expenditure is accounted for on an accruals basi5. Support costs are those costs incurred dirertly in
support of expenditure on the objects of the charity. Governance costs are those incurred in
connection with administration of the charity and compliance with constitutional and statutory
requirements. Grants payable are charged in the year when the offer is made.
All resources expended are inclusive of irrecoverable VAT
Page18

THE D M F ELLIS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Fund Accounting
General funds are unrestritted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes. Investment income, gains and losses are allocated to the appropriate fund.
2. TAXATION
The Trust Is a registered charity, number 1129340, and is exempt from Income Tax, Corporation
Tax and Capital Gains Tax provided its income and gain5 are applied for charitable purposes.
3. TRUSTEES AND EMPLOYEE5
No remuneration was paid or payable in respect of the year out of the funds of the Trust either
directly or indirectly to any Trustee or to any person known to be connected with them.
There were no full or part time employees during the year.
4. INVESTMENT INCOME
Unrestrirted
Funds
2024
Total
Fund5
2024
Total
Funds
2023
Investment income from listed investments
Investment income from cash dep051ts
33,498
33,498
40,215
5. GRANTS TO INSTITUTIONS
Unrestricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Grant5 paid during the year
(see notes 11 and 121
6. SUPPORT COSTS
Unrestricted
Funds
2024
Totsl
Funds
2024
Total
Funds
2023
Bank charges / interest
Management and administration charges
Governance Cost5 Inote 71
14
1,050
14
1.050
1,050
Page19

THE D M F ELLIS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. GOVERNANCE COSTS
Unrestrirted
Funds
2024
Totsl
Funds
2024
Total
Funds
2023
Independent Examinerfs Fee
Accountancy charges
600
450
600
450
450
8. INVESTMENTS
2024
2023
Market value at 31 December 2023
Additions
Disposals
Gains/llossesl during the period
Market value at 31 December 2024
1.310,755
77,322
1360,8151
1,458,131
289,351
1493.3041
Book value at 310ecember 2024
All investments were held within the UK and were listed on a recognised stock exchange.
9. CREDITORS- amounts falling due within one year:
2024
2023
Independent examinerfs fee
600
600
10. STATEMENT OF FUNDS
Brought
forward
Incoming Resources
resources
expended
Gains I
Carried
{losses) forward
Unrestricted funds
Page | 10

THE D M F ELLIS CHARITABLE TRUST
NOTES TOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
11. GRANTS PAID DURING THE YEAR ENDED 31 DECEMBER 2024
126th Birmingham Scout Group
Age UK Birmingham
All Saints Youth Projert
Andrew Simpson Foundation - PLEDGE
ARCOS
Beyond the Horizon
Birmingham Children's Hospital Chartty
Birmingham Hospice
British Blind Sport
Carers Trust Heart of England
Child Autism UK
Child Brain Injury Trust
Climbing Out
Compton Care
Contatt A Family
Coundon Care Seniors Club
Coventry Resource Centre for the Blind
Douglas Macmillar¢ Hospice
EDT- Erigineering Development Trust
Edward's Trust
ESO120061 Ltd
Happy Days Children's Charity
Home-start Birmingham Tameside
Interatt Stroke Support
Joss Searchlight
Katharine House Hospice
Kemp Hospice
Kids
Kids Matter
Kingswood Trust
Lennox Children's Cancer Fund
Life 2(KJ9
Liquid Listening
Macmillan Cancer Support
Maggs Day Centre
Martineau Gardens
840
5,000
1,600
5,000
3,IKJO
4,(X)O
3,250
5,(XJO
2,000
5,1X)O
1,500
3,000
2,500
5,000
3,276
2.000
5.000
4,005
3,000
5,432
4.000
5,000
2.000
2,500
3,221
5,000
7,000
2,500
3,950
2,CrfJO
5,CKJO
3,tK)O
5,(X)O
io,(x)o
2,CKJO
25,C(JO
3,500
Narthex Sparkhill
New College Worcester
Page | 11

THE D M F ELLIS CHARITABLE TRUST
NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2024
Newlife for the Disabled
Newstarts
NICE Centre for Movement Disorders
NMC Midlands RIC 1148855
OMEGA
PCC of the Parish of St James, Fletchamstead, Coventry
People's Dispensary for Sick Animals IPSDAI
Primrose Hospice
Queen Alexandra Charity Birmingham
Railway Children
Rock UK
Safe Families for Children
Sandwell Asian Development Association
Sandwell Homeless and Resettlement Project
Services for Education
Severn Hospice
Shine A Light
SignHeolth
Solihull Bereavement Counselling Service
Spinal Muscular Atrophy UK
Sport 4 Life UK
St Anne's Hostel
St Gabriel's Centre, Weobley Castle
St John Ambulance
5.000
4,797
5,000
1,500
3.000
6,¢X)O
3.600
5.000
2,400
5,000
1,500
1,220
5,000
2,500
2,500
5,000
2,000
5,000
St Michael's Hospice
St Paul's Hostel
St Richard's Hospice
Tall Ships Youth Trust
The Brainwave Centre
The Guardian Foundation
The Haven Wolverhampton
The LI￿ Mae Foundation
The Mary Stevens Hospice
The PSP Association
The Royal National College for the Blind
The Wolverhampton Youth Zone
Volunteering Matters
Walsall Society for the Blind
Whiii-Kidz Restricted Funds Only
Worcester Warriors Community Foundation
22,345
9,325
5,000
1,000
5,000
2,800
5,000
5,000
2,500
3,IK)O
5,000
5,(K)O
S,(K)O
339,061
Page | 12

THE D M F ELLIS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
12. GRANTS PAID DURING THE YEAR ENDED 31 DECEMBER 2023
Brimingham Hospice
British Wireless for the Blind
Compton Care Group Ltd
Douglas Macmillan Hospice
Fareshare Midlands
Happy Days Childrens Charity
Home for Hospital Care
Katharine House Hospice
Kids Like Us
Maggs Day Centre
Newlife the Charity for Disabled Children
NICE Centre for Movement Disorders
NMC Midlands IMD Supportl
Safe Families for Children
Spinal Muscular Atrophy
Sport 4 Life UK
St Georges House Charity
St Michaels Hospice
St Richards Hospice
Suited for Success
The Brain Tumour Charity
The Brainwave Centre
The Kenelm Youth Trust
The Lily Mae Foundation
The Primrose Hospice
The PSP Association
The Shakespeare H05pice
Volunteering Matters
Welcome to our Future
1,290
5,000
2,500
4,590
2,500
5,0(X)
3,OCKJ
2,OCIJ
2,049
2,771
5,0(X)
4,0(XJ
5,0(Xl
2,0
1,0
5,0(J)
2,5LLI
5,000
4,OLKI
3,000
2,284
2,500
3,0
5.000
3,9(X)
3,000
Wyeplay
Advice for Renters
Age UK Birmingham
ASPIE
Beyond the Horizon
Brain Tumour Support
Community Resource
Crackerjacks Children's Trust
Designability
EDT
Ex Cathedra
Page | 13

THE D M F ELLIS CHARITABLE TRUST
NOTESTOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Go Beyond
Grace Kelly Childhood Cancer Trust
Guy's Gift
Home from Hospital Care
Home-start Birmingham Tameside
Joss Searchlight
KEMP Hospice
Kids
Kingswood Trust
Marches Family Network
Martineau Gardens
Motor Neurone Disease Association
OHMI
OMEGA End of Life Care Association
Sahara Icoventryl Ltd
St Anne's Hostel
Strongbones Children's Charity
The Mary Stevens Hospice
Unique - Rare Chromosome Disorder support Group
Warwickshire Young Carers
Whizz Kidz
2,216
5,000
1,800
2,000
2,5(X)
5,000
5,000
3,123
5,000
3,096
22
13. GRANT COMMITMENTS
The trustees made a pledge to The Myriad Centre for £150,000 this is based on a series of conditions
whith are expected to be fulfilled in the next 12 months.
These commitments are to be funded from Unrestricted Funds.
14. RELATED PARTY TRANSAcfioNS
There were no related party transactions during either the current or previous year.
Page114