THE JIMMY DIXON CHARITABLE TRusr
ACCOUT4TS FOR THE YEAR ENDED
31 JULY 2024
Regisiered Ckngrlty Nllmber: 1130915
Hentons
ChArt¢rtd Aecountant$
Stog House
Old Londvn Rogd
Hertford
SG13 7LA

THE JIMMY DIXON CHARITABLE TRUST
FINANCIAL STATEMENTS
FOR THE YEAR EIYDEDJI JULY 2024
Page
Key Personnel and Advisors
Tru5tets' Report
Independent Examination Report
Stat¢ment of Finllnciol Activities
Balanee Sheet
Notes lo the Finon¢i&l Stalcm¢nts
8-12

THE JIMMY DIXON CHARITABLE TRUST
KEY PERSONNEL AND ADVISORS
TRusfEES
D Prati
C Whdd ITr¢a$urer)
R Ferguson
N Wilkie (Choir)
K WilliBms (Secretary)
R Holben
CHARITY NUMBER
1130915
PRINCIPAL OFFICE
43 Wolsey Driv¢
Kingston
KT2 5DP
INVESTMENT ADVISORS
Sarasin & Path¢rs
Juxon House
100 St P8ul$ Chuwh Yard
London
EC4M 8BU
BANKKRS
CAF Bank Lin)iied
25 Kin8s Hill Avenue
KTrngs Hill
West Malling
Keni
ME194JQ
ACCOUNTANTS
Hertlons
Chartered Accourttartts
Stgg Hous¢
Old London Road
Hcrtford
SG137LA
Page I

THE JIMMY DIXON CHARITABLE TRUST
TRUSTEES. REPORT
(For the purposes olset¢ion 45 ofihe Charitle5 Act 1993)
The TTU51e¢$ havc plca5ure in prescnting their Annual Report and Financial Siaternents of the Charity for Ih¢ y¢ar ended 31 July
2024. The finan¢ial $iatemenlS have been p￿pared in accoTdanc¢ with ihc accouniing policies sei out in note l 8rtd comply with
the charity's declaration of tn15t, the Charities Act 2011 and AccouDtinÉ and Reporting by Chariti¢s.' Statement of R¢wmmended
Praelice IsecoDd edition) and Fithancial Reporting Standard FRS 102.
CONSTITUTION AND OBJECTS
The jiM￿Y Dixon Cliarltable Ttust is an uniDGorporated ÈrusL constituled under a declaration of trust deed dat¢d 5th April 2006.
Th¢ charity aGhi¢ved charitable slaty$ on 3rd August 2009 and its r¢gsStered charity number is 1130915.
The Tnjst Fund is held upon trust to apply the ittcome {or such part or part5 of th¢ in¢ome) to educate boyg and young men and
girls and young women Tesident in England and Wales. through their Icisure time activities so as to develop iheir physical. mental
and spiritual moral 2nd cultural rapa¢ilies that thEy may 8row lo fijll malurily a5 individu&ls and members of so¢ieiy and th81 thcir
condition$ of life may be improved and in particular to support charitable and other bodies operaiing in the field of youih work
provided that the TNslees shall also have th¢ power in Iheir ab501ute discretion to from lime 10 lime apply lh¢ wtLole or any part or
parts of the capital of the Tn]st fund for such charitable purposcs. The Trustees were particularly keen to devclop proje¢i$ that
involvc young peoplc in (he leadership and running of youth activilies and in parlnership with oiher charitsble bodies the Trustees
have con¢inued to fund London Wbde projects to cncouT8ge young people to take atl a¢iive part in the mnnin8of th¢irtlub and to
encouT)ge and Irain Youth L£aders to support them ID this endeavouT.
ORCANISATION
The trustees who hav¢ served during the year and to the date of approval of these aceounts are as follows..
D Pratt
C Wadd-Tr¢gsurer
R Ferguson
N Wilkse- Chair
K Williams- Scrret8ry
R Holben
The statutory p)wers of appointhng new and Additional ITUStees ￿ the TTU51 Shall apply.
New TTUSte¢5 will be prtsvid¢d wittl the Dr¢laralion of Trust, the Trust's mosl recent fJnan¢ial 51atemcnts atsd the minutes of
preYjou5 TTU51¢e$ meeting5. In addition, new fFUSt¢es will be ￿ked lo familiarise ihem5clves oth the dutlC5 and ttsponsibililies of
Trust¢e$ &% provlded in guida￿¢ noi¢$ issued by th¢ Charity Commission.
1¢ is with deep sadnes3 we mark the deaths in 2023 ond 2024 T¢spe¢lively of two ofour remarkabl¢ founding trust¢¢s. Terry B1￿h
nd Dav¢ HAlchArd. Both Terry and D8ve made an incredible contribution lo the Jimmy Dixon Trust before and sin(% its
inception. and the impact th<y had on young Londoners will b¢ f¢lt forgen¢raiions. The ¢urr¢nt Trllslecs ar¢ ¢xtremely gratcfyl
for their iniiial vision and on8oing passion for the work of th¢ Tna5t.
GRANT MAKING POLICY
The Trust his established its grant making policy to achi¢ve its objects for public benefi(. The Trust consid¢rs application5 for
funding of charitable CAu$e5 whiGh ar¢ r¢vi¢wed by the truslee5 and ￿llds made available at the absolute discrction of lh¢ charity.
INVESTMENT POWERS
Under the trust deed the charity has the p)wer to make any invesim¢Dts which th¢ trustees Shall in th¢ir absolute dis¢r¢tion thir
fit undeT the Trustees Act 2000.
Pa8¢ 2

THE JIMMY DIXON CHARITABLE TRusr
TRUST&ES¥ REPORT (CoDtlllu¢d)
ACHIEVKMKNT OF PERFORMANCE
Durirbg IhE ye#r io which these arrDunts r¢lale the Trusl paid two annual grants from ils eommitm¢nl madE in the previous year to
the Federation of London Youih Clubs (London Youth) of £54,164 and £56,295 of whiGh £8,00118nd £8,240 r¢5P¢Ctiv¢ly were for
memberyouth club5, and paid via London Youth for administrative reasons. £94,219 wa5 granted to London Youth to support 4
nutThb¢r of its pwj¢¢ts supporting members ambassadors, advistsT5 aDd alumni. The aims of th¢ funding are thal..
Members can deliver fantsslic communtty youth work as a result of dir¢¢tly involvin¥ yDUtI8 p¢ople in thEirorgani•tions.
Young pcoplc arc visible wiihin Ihc wid¢T 5CCtor and beyond, with Iheir voices heard and in positions io i1)fluen￿ change.
Young peopl¢ are a key part of London Youth- regularly involved in d￿ClopMEnt and deci5ion-making.
Youn8 peoplCwl￿ have been p8rt of iK*ndon Youth's involvement work r¢mairt ¢onn¢¢¢¢d corttri￿t¢ to ¢hang¢.
Th¢ long¢rt¢rm aims of the charity are that m¢aningful Tn¢ihods 4re embcdded that enable passionate and well supported youn8
people to ¢r¢a¢e impact ch8nge- across London Yollth, its membership neiwork. the wideryouth sector and beyond. and thai
London Youth is recognised by organisations and ￿llderS as leadinE on exemplory youth involvement.
In July 2023, the TnLS(88rted an aw8rd to London Youth ￿tallit*8 £168,803. over three yettts commencing durin8 the Thist's next
financial year. The first two annual amounts werc paid in this financial year.
Th¢ charity ha5 r¢f¢rred to the guidan¢¢ contaiiJ¢d in the Charity CommissRon'5 general guidance on public benefit when
revjcwjn8 its aims and objcclives and plannin8 Its future a¢livilies. In p8rti¢ulaT the TTU511%5 wnsid¢r how planned activities will
eontribute towards the aims and obj¢ctiv¢s thai ar¢ set out above.
FINANCIAL REVIEW
In the year ended ]1￿ July 2024 the charity had net itlcome and movement in funds for the ye8rof £162,356 {2023'. n¢t
expeTrditure Hnd movemetsi in funds of £217,905) which increased unr¢51rict¢d thnds held at the year end to £1.642.580
{2023.. £1,480,224).
INVESTMENT PERFORMANCE
The charity has an investment portfolio at market Value of £1.668,278 as at 31¥ July 2024. see nok 5 to the accounts and
has delegated investment mana8ement lo Sarasin & Partn¢rs. its appointed advisors. Wiihirt th¢ ycar there weTe
unre&lised and realised gains of £114,403 which resulted in an increa5E of capital value otl Knvestmcnts to £1.068.278.
Durkn8 Ihe year, investment income receivable increased from £56,293 to £57,421.
RESERVES
It is the policy of the Trnst 10 mainlain unr¢siri¢ied funds, which are the free reserv¢5 of the Trust at a level which
enables the Trust to meet its mand8emeni and adminislraiion ¢ost$ and to be able io r¢spDnd io approved appli¢atlOll5 for
grants which arise from tirn¢ to tirne.
RISK MANAGEMENT
The InJstCC5 are awarc of the requirements under thc Charjties SORP (o identify and mitlgale major risks faGed by the
org#ni5alion. Aceordingly the Tru5tee5 undertake #n annual review of risk lo which thc charity is exposed. Aelion or
tolerance is agreed and documented in the minutes. A¢tions are tra¢ked throu8h at ihe next sllb$equent meeting5. Where
appToprial¢, regarding 5pccific ri5k5. profe59Lonal advicc is sought. Trusttts are content that thi5 approa¢h is pragmaiic
and proportÈonate.
ASSETS APID OBLIGATIONS
The n¢t assets of the irusi Are &v&ilAble And ad¢quAi¢ to fulfil its obligation5.
Page 3

THE JIMMY DIXON CHARITABLK'fRUST
TRUSTEES, REPORT {Contlnu¢d)
TRUSTEES. RESPONSIBILITIFS Ir4 RELATION TO THE FJNAIYCIAL STATEMENTS
Th¢ charity trustees arc r¢sponsible for pr¢paring a Trust¢e$' Annual R¢pDrt and the financial stalemrnts IN accordonce
with applicabl¢ law and Unii¢d KingdoTn AGcounting Standards (United Kin8dom Genwally Accepted A¢counlin
PraGliccl.
Thr law applicable to tharilies in England and Wales requires the trusiees to prepare fin8nci&l stAtemellts for each ye&r
which give a twe and fair vi¢w of Ihe stale of affairs of the Gharity and of the incoming resources and applicalion of
resources of the chNTity for that period. In preparing those financial s¢al¢ment5 th¢ truslees are required to..
sele¢1 Suitable accounting poli¢i¢s and thEn apply them consistently;
observe the meihods a￿d principles in ihe applicablc Ch31ilie5 SORP.
make judgements attd e51ymal¢s that are reasonable and prud¢nl',
stat¢ whetherapplicable aceountillg stsndards have been followed, subjeel to any mal¢rial (kpartur¢s that must be
discloscd and explained sn the finan¢ial statetnen¢s;
prepaT¢ the financial stat¢ments on ¢h¢ going conc¢H) basis unless it 15 Lnappropriate to Assume that the charity will
continue itl operntion.
The Trustees are responsible for keepin8 propEr #¢collnling records that disclos¢ with re&sonabl¢ a¢¢uracy at ony lime
the financial p)sition of the ¢harily and io enable them to ertsure that the financial statemenfs comply wilh the Charities
Act 2011. th¢ applicable Charity (Accou￿t5 and Reports) Regulations and the provisions of ihe trust deed. They are
responsibk for safcguardingthe a5s¢ts of the charity and iaking reastsJ)able sleps for the prevention and dcte¢tion of
froud and other irregularitieg.
SIGNED OTrI BEHALF OF THE TRusfEES
N Wilki¢- Chair
Dale-.
2L,'2J
Page 4

THE JIMMY DIXON CHARITABLI TRUST
INDE4 PENDErNT CIXAMINEI R'S RE4 PORT
I report to the tnistees on iny exainiiiatson of the financial stateinents of Tlie Jiinmy Dixon Ti'ust for the yeai. ended 31 July 2024
which coinprise of the Stateinent of Financial Activities, the Balance Sheet and IElated iiotes.
This repoi'l is made solely to the chai'ity's trustees, as a body, iii accordktiice witli the sectioii 145 of tlie Charities Act 2011. My
woi'k has beeii iiiiderlaken so that I Imiglit State to tlie chai'ity's trustees tliose inatters l ain IEqiiiied lo state to thein in this rcport
and foi. no otlier piii'p05e. To the fullest extent peiinitted by law, I do not accept or assuine JEsponsibility to anyone othcr than the
charity and the charity's ti'ustee5 a5 a body, foi. Iny work, for this Teport, oi. for the opiiiions I have forined.
REISPONSIBILITIES AND BASIS OI", REI PORT
As the trustees of the chai'ity you are iesponsible for the pieparation of the financial stateinents in accordance with the
requiiEinents of tlie Chai'ities Act 2011 (the Act'}.
I report in respect of Iny examination of the charity's financial statements carried out under section 145 of the Act and in Cari'ying
out Jny exainination I have followed all the applicable Directions given by the Charity Coininission under section 145(5)Ib) of the
Act.
An independent exaimination does not involve gathei'ing all the evidence that would be i'equii'ed in an aiidit and coiiseqiienily does
not ¢over all the Inatters that an aiiditor considei's in giving their opinion on the financial slateinents. The planiiing and condiict of
an audit goes beyond the limiled assurance that an independent exait)ii)ation can pi'ovide. con5eqiieiitly l expTess no opinion as to
whether the financial statements present a 'true and fair, view and iny iepoit is limited to those specific Inatter5 set out in the
independent exaininei-'s stateinent.
INDEPEINDENT EIXAMINER'S STATEMENT
have ¢oii)pleted Iny exainination. I confirm that no material Inatte15 have come to iny attention in connection witl) the
examination givii)g Ime caiise to believe that in any mateTial respect..
accouiiting iECOI'd5 wei'e not kept in Tespect of tlie charity a5 requiiEd by section 130 of the Act- or
> tlie financial stateiiients do not accord with tliose recoi-d5' 01.
> tlie financial stateiiient5 do not coinpSy with the applicable requii'ements concerning the foi'm and content of accounts set
out in the Charitie5 (Accounts and Report5) Regulation5 2008 other thali any iEquiiEment that die accounts give a'tru¢
and fair, view which is not a Inatter cojisidered as pait of ai) independent exainination
I have no concerns aiid have come across no other Inatters in connection with the ¢xainination to which attention should be drawn
in tliis repojl in ordei. to eiiable a proper undei'5tanding of the finaiicial staten)ents to be reached.
Sean W Hudson ACA
Hentons
Chartered A¢¢ountants
Stag House,
Old Loiidon Road,
Heriford,
Herls.
SG13 7LA
Date: 6 ￿ FLbiL•(i(y 201
Page 5

THK JIMMY DIXON CHAIUTABLE TRUST
STATFMKNT OF FINAIYCIAL AcfiviTIES
FOR THE YEAR ENDED 31 JULY 2024
Total
Fund$
31.7.2024
Totsl
Fund$
31.7.2023
ITrICOME
Investment intom¢
57,421
56,293
Totll In¢om¢
£57.421
£56,293
EXPENDITURE
Ittvt5tment manager's f¢ts
6028
5,893
Charityble Aetlvitie8:
Cost of gTant making
2h40
220,604
Total Expendllure
£9.468
£226.497
Ineome l (Expendiknre) and net movement irt
fknnds for the year btfoTe gAin$ ind losses on
invt5tm¢nts
47,953
(170,204)
Net gainsl(1055C5) on investments
114AD3
{47.701)
Net Ineomel{Expendltur¢) gnd movement In
fvnds for the ye¥r
162,356
(217,905)
Balances brought fonv8rd
IA80.224
1,698,129
B%lances t8rrled forwllrd as 9t JI July 2024
£1,642,580
£1,480,224
The total fvnds are all unrt61ricled and relate to continuing a¢tivi¢ies.
Poge 6

THE JIMMY DIXON CHARITABLE TRUST
(Charity number 1130915)
BAIANCE SHEET AS AT 31 JULY 2024
JI Jul 2024
31 2023
Notes
TANGIBLE ASSETS:
Investments
1,608378
1.561.998
CURRENT ASSETS:
Debknrs
Cash at bank and in hand
IlJ14
23.914
11,646
77,783
35,228
B9,429
CREDITORS: AThounls falling
due wiihin one year
(60,926)
(56,564)
NET CURRENT (LIABILITIESIIASSETS:
(25,698)
32,865
CREDITORS: Amounis fallin8
due after more than one year
(114,639)
PIET ASSETS:
£1,042580
£1,4BO,224
FUNDS:
Unr¢stri¢ted Fund5- GetterAI
£1,642,580
£1,480,224
Approved by the BoArd of Truslet5 and auihorised for issu¢ on behalf of ihe Thislees..
N Wilkie- Chair
C Wadd- TreasuT2r..................
Dal¢
22,'lJ
Page 7

THE JIMMY DIXON CHARITABLE TRUST
NOTES IY) THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
ACCOUNTING POLICIES
Bos18 of preyaratlon ind Asse55metht of going concern
The Finan¢ial Statcments have be¢n prepared under the historical Cost convention W￿th iiems recognised at
C05t or transaction value unless otherwise stated in the r¢levani notes to these financial slalemcnls. The
rinancial siatements have been prepwed in a¢¢ordan¢e with the sc¢ond edilion vf the ChaTlties Statement of
Recomrnended Practice issued in O¢tober 2019, Ihe Financial Reporting Stand4rd applicable in ihr Unilcd
Kingdom 8nd Republic of Ireland (FRS1021 and th¢ Charitie5 A¢t 2011.
Th¢ fiThaMciY41 stotrments h&ve been prepaTtd to give a 'trU¢ ond fair. view and have departed from the
Chariti¢s (A¢counts ond RepDrts) Regulations 2008 ¢Jrtly to the rxten¢ r¢quirEd to provid¢ a 'truG #nd fair.
view. This dcparture ha5 involved following the Accountin8 2nd Reportin8 by Charitie5 pr¢paring th¢ir
a¢coullt5 in accordanc¢ with the Financial Reporting Standard appli¢ablc in th¢ UK and Republi¢ of [re1￿)d
IFR5102) issued on 16th July 2014 rath¢r than the AGGounting #md Reporting by Charities.. Stai¢ment of
RecoTtLmended Practice effcdivc from 1st April 2005 which has since becn withdrawn.
Th6 Charity ¢onsiilut¢5 a public entity ￿ defined by FRS102. Th¢ Trust¢¢s wThsid¢r ihai thcre are no mateTial
un¢ertainiies aFM)ut th¢ ability to ¢ontinuE as a going ¢on¢¢m.
JudgenJ¢nt8 And key sou¥¢e5 of estimgtlon un¢ert#irtty
The PTtpara¢ion of th6 finAncial swtwneThts requires managemeni to make judgements, ¢stimat¢s ond
assumptiotts thal affeei ihe a￿&￿ttts reported for assets and liabiliti¢s a5 at the balance sheel dal¢ and the
Amounts reported for rev¢nues and ¢xpcn5¢s during the year. The naillre of ¢51imation mean5 that actual
outcoTnes could differ from those estimates. Ther¢ w¢ie no judgements whi¢h hayc had a Signifi￿nI effect on
aynout)Ls recognised in lh¢ financial stalemcnts.
Going contern
At the time of apptoving ihe firtancial 51at¢menlg the trustee5 heve a reasonable cxpectation Ihat the charity
has adequaLe resource5 to continue in operational exi5t¢nce for the foreseeabk future. Thus, Ihe TTUS*¢S have
adopted the going concem basis forthc pr¢paT&tion of the finan¢i8] statements.
On the date of the finBJJcig1 statemcnis approval, th¢Te 1$ great uncertainly surrounding th¢ global economy
and impact of the ¢onflicts in Ukraine and the Middle East. The truslecs consider that th¢ charity is fjnancsally
robust and ihat ils opeydlions will not be adversely affected by Ihc Continued uncertainty from thi5 event. The
truste¢$ continuou$ly monitor thc £hyrity's inv#$tmeNt portfolio and cost base for #ny significant movements
and arc well pl8ccd to take action if de¢m¢d neces5Hry in PTOt¢cting stakeholders interesi should the period of
ncerlainty continue for longer than expected.
Expenditure R¢cognitio
Liabilities are recognised as expetlditure AS soon as there 15 a l¢g81 or eon5tru¢tive obliga¢ion committing the
charily to the cxpendithre, it is prob&ble that settlement will be tequired 8nd ihe amount Of obli&ation can b¢
mea5ur¢d reliably.
All ¢XpendItU￿ is 8CLY)unied for on an accruals basi5. All ¢xpense5 51J¢ludkng wpport cosi$ and 8ovemance
costs ar¢ allocAted or appoTlioned to the applicHbl¢ ¢xpenditure he8dillg$.
Grant$ payable are payrn¢nis made to ihird pgrties in the furtherance of the charitabl¢ ¢bjectiV¢5 of th¢ trust.
In the ¢as¢ of an unconditional grant offer this 15 8¢¢Ned onc¢ the r¢cipi¢nt has beets nolified of the gTWIt
awArd. Grani awards Ihat are 5ubj¢¢t to the r¢¢ipietLt fulfilling p¢rfomiancc condition5 ar¢ only accrued when
the T¢cipicnt been notified of the Brant and Èny remainin8 unfvlfilled condition 3ttachinB to that granl IS
outsid¢ the control of the Tru$t.
Page 8

THE JIMMY DIXON CHARITABLE TRUST
NOTES TO THE FINANCIAL sfATEMENTS
FOR THK YKARENDED31 JULY 2024
ACCOUNTING POLICIES- eontlnu¢d
In¢orne reeognltlo
All ineome is r¢¢ognised once the charity has ¢ntillement to the income. it 15 probable that the income will bc
received and the amount of income ￿CeiVable can be m￿SUred reliably.
Interest on fund5 held on d¢posit is included wh¢n receivable and the amount Can be m￿SUred by the charity-
this is normally upor) notification of the interest paÉd or payable by the batsk. Dividends are reeogrtised on¢e
the dividend has been declarcd and notification of th¢ dividend due ha8 been receivcd from OUT iDveslmenf
advisor.
ITrecoverablt VAT
ITr¢coverable VAT is ¢harged agaiTLSi the expenditure heading for which il was inturrtd.
Funds $tru¢tur¢
Funds he]d by th¢ charity are unrestricled g¢neral funds. These 4LTe fund5, whiGh ¢8n be used in accordance
with the Lharitable objeclives at the discretion ofihe trustees.
Charitable a¢tlvlllÈs
Costs of charitable a¢tiviti¢s eompri5c grants payable and governance cost$.
AllocAtion of govern4#ce cost8
Gov¢Thdnce costs relatin8 kn chaTii#ble 2Ctivitie5 are apportiorted based on the number of individu81 grant
awards made. These costs include ¢ho$¢ ¢o$ls associated with m¢¢iing the CODslitulional and 51a¢u¢Ory
rcquircmcnts of ihe charity and include the Ind¢ptnd¢ni Examination fec.
Fixed Ass¢t Inve8tment5
lrtvesim¢nts are A fonn of b￿10 finan¢iol instrument Ind ar¢ initially m¢asuTed at their tran5a¢lion valu¢ and
subsequently rn¢asu￿d at iheir fair value a5 at lh¢ balance sheet date using th¢ closing quoted markel price. The
Stat¢sn¢llt of Financial Aclivitle5 inGludes the nel gains and1055cs aTiSiJ)g oll revaluAtion and disposals
throuÈhout ihe year.
Thc TTLlSt do¢s noi ftequire put option5. deriv8lives or other complex finanrial instwmenls.
The main fonn of finan¢i&l risk faced by the ¢harity is that of volatility in equity markets and inveslmenl
m#rk¢ts due to wider economic conditions and. Ihe artithde of investojs to investment.
ReA115eil Goth9 and knseb
All gair55 and-5osses are iaken to the Ststemenl of Activity as fhcy aTiS¢. Realised 8airt$ and1055e5 on
inve5ttn¢nts are calculated as the diff¢r¢n¢¢ betwccn 5alc5 proce¢d5 and their opening c￿l￿g value or their
purchll5e value if Acquir¢d subsequent to Ihe first day of the financial year. UnreAlised gains and105ses we
calculated as the difference bdweert th¢ fairvalue at the year ¢nd theirwryiTh8 value. Reali5ed and
unrealised gains and Sos$e$ 2T¢ L7)mbincd in thE Statement of Activitie5.
Debtors
Trade and oih¢r debtors arc reco8nised at th¢ 5cttl¢ment amount duc after any trad¢ discount offered.
Pr¢p8yments are valued ai the amount prepaid net of w)y trsde discount due.
Cgsh at bank and in h2nd
Cash ot bgnk and cash in hgnd includ¢s cash and short t¢mi hi8hly liquid inveslrrlents that ar¢ i¢adily
conv¢rtibk to known amounts of ¢ash artd are subject to an insignificanl risk lo ch&n8cs in value.
Page 9

THE JIMMY DIXON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEARENDED31 JULY 2024
ACCOUNTING POLICIES- Continued
Credilors 4Dd provijlons
Cr¢dilor5 and proviSLon5 ar¢ recogn55¢d whcre the charity has a present obligation r¢5uliing from a p)st evcTrt
that will probably result in th¢ transfer of funds to a third party and ihe amount due to scttlc the obligalion ¢an
be mcllsur¢d or estimated reliably. CreditQf5 and PTOV15iOnS are nornially recognised at theirs¢ttl¢ment
aTnounl after allowin8 for any Iradc discounts duc.
FimAncIHI instrnments
The charity only h&8 fjnanciil &sscts and finfyncilll IiAbilities of a kind that Qualify as basic financial
inslnjments. B￿lC fin)ncial instruments are iniii3lly recognised at tran5a¢¢ion value and sub5equ¢ntly
measuTcd at amonisEd rosi using the rff¢Ltive inl¢reit mclliod. Financial ass¢ts held at amorliscd costs
ornpris¢ debtors and ¢ash at bank and in hand. FiThancial liabilities held al amortis¢d ¢osls comprise other
creditor5 and accruals.
Investments held a5 Pert of an inv¢stmenl portfolio are held Ai fair valu¢ os at the Balance 5h¢¢t date with
gains aDd1055es being Tccognised through income and ¢xpenditu
As at the Balathce sheet date Ihe, the ¢h3rity had finan¢ial assets held al fair value through incomc artd
¢xFnditure of £1,688,278 {2023= £1.561,998).
INVESTMENT INCOME
TotAI
2024
2023
Income from lislcd invesllxents-
Global equili¢3 and common inv¢sim¢nt funds
56?60
55,533
Olhw interest Te¢¢ivable
1,061
760
157 421
£56 293
AP4ALYSIS OF CHARrrABLE ACTIVITY
GRANTS PAYABLE
2024
2023
Th¢ charity undertskes its ¢h8ritablc activities ihrough 8raiit making and
awarded grnnts in the y¢arto the following instiMtion:
The Fed¢ralion of London Youth Clubs..
Support for Youih involv¢m¢nt projects and Youth Club$
218.144
£218 144
No 8rants were paid to individu415 ln the period
P8gc 10

THE JIMMY DIXON CHARITABLE TRusr
NO'I'ES TOTHE FINAP4CJAL STATEMENTS
FOR THE YEAR ENDED31 JULV 2024
ANALYSIS OF CHARITABLE ACTIVITY- tontinued
Funded from uThre5tr5¢ttd rtserves
Gront
funded
Actlvity
CoverrLan¢e
Cosls
Support
Cost5
Totwl
2024
To¢41
2023
Education
2,580
60
1640
220,604
60
2.640
220 604
Oiher wpport eost5 compTi$e of Bank charge5 only (2023 Support cosls. Bank char8cs £60).
GOVERNANCE COSTS
Total
2024
2023
IndependcJ)¢ ¢xaminatLQn'.
Current year Indepcndcnt ¢xamination fee
2.400
FIXED ASSET INVESTMENTS
Listed Inv¢$tments
2024
2023
MaTkel valve at 111 Au8ibsI 2023
,546.851
1.594552
Additions in ihe year
911.867
Disposals in the year
(907.514)
Net movement gaIn￿(lOS$e5I
114,013
(47,701)
Marfcct valuc at 31$ July 2024
C&5h held by inyeshnettt managers for investmeni
J,665,217
3,061
1,546,851
15.147
1668 278
561998
Cost of li&ied investments al 31 July 2024
£1
04756 £1 128 138
Listed inY¢51m¢Thts at market value cornprise..
2024
2023
Gl¢)bal Equities
Commort lttveslment Fund5
Cash hcld by Inv¢slm¢nt managers
677,145
869,706
15,147
1.665.217
3,061
78 £1561,998
Pasell

THE JIMMY DIXON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THK YKARENDED3J JULY 2024
DEBTORS
20240
2023
Prepayments and accrued ittcome
IlJ14
11,646
£11
£11646
CREDrroRS: Amounts folling due within one year
2024
2023
Grants pay8ble
Accruals
58J44
1580
54,164
2,400
£60.924
CREDITORS: Amoun15 falling due after mor¢ than oncyear
2024
2023
Gr&nts p8yablE
114.639
£114639
TRUSTEES REMUNERATION AND EXPEP4SES
Dllring thc p¢riod t)0 trustee Te¢eived any remuneration orwas reimbursed any exp￿Se5.
10
RELATED PARTY TRANSAcrior4S
DuTiDg the prior year the ¢harity approved grants payable to The Federation of Londoll Youth Clubs, then a Corporate
tiustee to tlir charity, amountirtg lo £218,144. As at 31° July 2024 £58.34412023.. £168.803) of the gr$￿¢5 T¢mained
outstandin8 to b¢ paid. The Federation of London Youth Clubs r¢si8ned a5 a coryoraie trust¢¢ of Ihe charity on 24th M
2023.
STAFF COSTS
The Trust doe5 not have aThy employee5.
Page 12