REGISTERED CHARrrY NUMBER: 1134766
Th6 Green Room Charltabl Trvs
ort f the Trustees and
Hnandal Statements forthe Year Ended 1st O¢tober2tr24
Barne5 Noble Ltd
Chartered Accountant & Registered Auditor
Unltec House
2 Albert Place
London
N3 IQB

The Green Room CharltableTrust
ncial Ststements
for
eye
rEn
PdgÉ
Report of the trustee5
I to d
Report of the Independent audltors
statemént of flnanclal attlvltles
Statement of Ilnanclal poslllon
Statement of cash flows
io
Notes tothe flnahclal statements
11 to 17

Re
ortofthèTrustse$
for the Year Ended Lst October 2024
The trustees present the annual report together wlth the financial statements of the charity for the year ended l October 2024.
Objectlves and aCtI￿￿e5
Objecllve5 and alms
The objects of the Trust are to support such exclusively charitable purposes as the Trustees may from time to tirne in their absolute
dlscretSon declde.
The Tru5tee5 consider mal(In8 grants to re8lstered UK and Internatlonal charities, speeiflvdlly focussln8 on the followin8 areas:
l. povertyi human rights, social entery>rises
2. ethlcpl and social Irrpact Investments
Publlc benefit
The tnjstees conftrm that they have complSed wlth tho requlrements of section 17 of the Charitles Act 2011 to havo due regard to the
public benefit guidance published by the Charity Commission for England and Wales.
StrateBic rnport
Athievement and performance
Charltableacllvftles
Durlng the year the charlty was able to ralse a further £1,376,97712023,, £1,035,100) through donatlons of whlch It was successfullv
able to donate £l,000,05612023: £1,171,8541 and wlthdraw-£2,205,72012023.' £875,560) for social benefit.
The totsl unrèstrlrted reserves of the charlty at 1st OctobÈr 2024 are £8.776,597 (2023,. £8,898,753) INhl¢h rÈpresènt 100% of thè
assets. The Trustees have assessed the Charit¢5 need for reserves and consider the present level appropriate in relation to liabilities
and future Service.
Flnanclal revlew
Pollcy on reserve5
Reserves are held In an In5tsnt ?cce55 bank account,
Page I

The Green Rofrm Charltable Trus
forthe Year Ernded 1st
tober 2024
strateBiC report
Flnanclal rthAew
InVe￿￿ent polky and oblecuves
l. Introductlon
1.1 The Green Room CharltableTrustls an unlncorpoTrted charlty establlshed byTrust Dee(I, which has general charltsble aims.
1.2 The Trust has assets whlch are expected to accumulate to 2 total value around £IOM through a comblnation of direct donatlons,
investment return5 and accrued interest. Assetg are thereafter expect8d to éeclim steadily as annual grant mak5ng increasès and
exceeds annual income,
1.3 The trustees are governed by theTru5t deed established in 2009 which sets out the general power of Investment.
2. Investment Oblectlves
2.1 The T￿st seeks to make investrients whlch promise to have a demonstrable posltlve soclal or envlronmentsl impact along with an
expected positive financial return.
2.Z The Trust's Investment objective 15 to for capltal growth in excess of illflalion IRPII-
2.3 On occasions where potenlial social or environmentsl impactls deemed si8nificant, an expected return below RPI (but stlll eypected
to preserve capltall on a s5ngle Invesknent wlll be consldered.
3. Risk
3.1 The Trust invests to mitigate long term inflation risk. Capital and income volatlllty can be tolerated If consistent wlth expectatlons.
3.2 The Trust's assets are diverslfied Ihrough investment in rnultiple funds, term depa￿t$ and bonds.
ÈL Llquldlty Requlrements
4.1 The Trust will tolerate reduceLI Ilquldlty over seve￿1 years on fund Investsments where the potential positive social or environmental
Impatt. or Investment return Is deemed S￿IfIcant.
5. Time Ptorizon
5.1 The Tru5É can adopt a long tem investment time horiion.
6. ManagemenL Reporting and Monitorin
6.1 The Trust's asset value and income Is monltored on an ongoln8 basis ind recorded annually.
6.2 The trustees review the performance of indivldual Investments agalnst their Inltial targets on an ongoin8 basis.
7. Approval and Review
Thi5 Illvestment Policy Statement wa5 prepared to provide a framework for the management of the Green Room Charttable Trust's
Invesknent a5sels. It will be reviewed on an annual basi5 to ensure continuinB appropriatelless.
Mans torfuture perlods
Alms and l¢eyoblecrlves for tknwre perk)ds
Charity plan on Increaslng the investments in 8rid6es Funds in line with the oblectfves of the tnjst. The money comlng into the trust
through p8yroll 8ivin8 will decline 80ing forwards and stop whell the Trustee leaves his position at IP Morgan. At thls stagè the Interest
from the Investments wlll be the main source of income for the grant making pool. Charity will maintain and increase $116htly the level of
grant making,
Strurturej Governance and management
Naturg of Bovernln8document
The charity 15 controlleii by Its 6overnin8 documenL a Trust deed dated 30 November 2009 and constltutés a unincorporated charlty.
Recrulbnent and appolntmenl of new trustee$
There shall be at least three and no more than seven Trustees and whenever Ihe number of trnstees is reduced to less than three an
appolntment sh311 be made 3s soon 8s practicable In order to increase the number of tswstees to at least three and in the meantime the
remaining trustees may not exerclse the powers glven to them by the trust deed except so far as may be reasonable Ir order to
preserve the Trust fund.
The power of appointing new or addlllonal trustees is vested in Tom Pri(*ett. should Tom Prickett die, a new or addltional trustee shall
be appolnted by 8 resolutlon of the trustee5 whlch15 recorded in the minute5 and 518ned by the new trustee and such record shall be
concluslve evidencè of the appointment.
Page 2

Th
Re
ortoftheTrustsa
forthe Year Ended 1st OttobÈr 2024
Structure¥ governance and management
Organlsatlonal sitrwrture
Tom Prickett rnanages the Investments and Kelty Prlckettls the key coordlnator on the grant maklng and day to day running of thè trust.
Inductlpn and tralning of new trustees
A Trustee induction programme is bein8 established and perfornian￿ m8na8ement Policies and procedures will be reviewed to ensure
the Charlty can contlnue to 8row, deveknp and resporbd to changing demands,
Retsilonshlp$ wlth re￿Ied pariles
The charity receives don8tlons from Charltles Trust whlch recelves payroll glvln8 of Tom Prlckel¢ tr￿tee, Donations ire also received
from Tom Prlckett from hls employerJP MorbTrn's payroll.
Reference and admlnlstratlve dÈtslls
Reglstered Chawlty number
1134766
Reglsterad offlce
Plccards Wood
SÉndy lane
Gulldford
GU3 IHF
Trustees
T G Pricketi
Mrs K Prickett
AHFerry
Audttors
Barnes Noble Ltd
Chartered Acct)untant & ReElstsrod Audltor
Unitec House
2 Albert Place
London
N3 IQB
Page 3

The Room CharltalJlÈ Trus
Re
of theTrustees
rthey
Statemert of t￿stee5, reSPDn51bilitles
The trustees are responslble for Pfeparlng the trustees, report and the flnanclal statements in ac£Drdance with the United Kin8dom
Ac¢ountln8 Strndards Iufjlted Kingdom Generalty Accepted Accounting Pra¢ti¢el and applicable law and regulatlons.
The law applicable to charities requlres the trustees to prepare financial statements for Eaeh financlal year ￿1¢h glve a true and falr
vlew of the state of affalrs of the ¢harlty and of the In¢omlng resource5 and appllcatlon of resources of the charity for that p2rlod. In
preparing these financial Statements, the trustees are required to..
select suitable actountlng policies and then apply them conslstenty,
, observe the methods and prlnclples In the Charltles SORP,.
. make judgements and estimates that are reasonzble and prudent.
state whether applicable a¢countln8 Standards have been follDwed, subjef t to any materfal departurès dlsclosed and explalned in the
financial statements; and
prepare the financial statements on the golng concern basls unless It Is inapproprlate to presume that the charity will continue in
b￿siness.
The tru5tee5 are respon51ble for keeplng proper accountlng records that dlsclose wlth reasonable accuracy 8t any tlme the flnanelal
position of tharity and enable them to ensure that the financlal statements comply wlth the ftharltles Art 2011, the Charftles
IAccounts and Reports) Regulations 2008. and the provisions of the constitution. The tru5tee5 are a150 responsible for ufeguardlnE ihe
assets of the charity and hence for tsking reasonable steps for the prevention and detertion of fraud and other irregularities.
The trustees are responslble for the malntenance and Integrlty of the corpornte and flnanclal Informatlon Included on the charitable
company's website. Legislatlon governing the preparatioll and dissemlnatlon of financial statements May differ from le8lslatlon In other
lurlsdlctlons.
A￿dI￿S
The audFtor5, Barne5 Noble Ltd, will be proposed for re-appoilltment at the forthcoming Annual General Meeting.
Report of the trustees, Incorporatlng a Strate8lc repor¢ approved by order of the board of truslees, as the company directors. o
31stJuly 2025 and slgned on the board's behalf bv:
T G Prfckett-Trustee
Fage 4

Re
or
of the Ind
oom Chailtable TYU
e Members of
Oplnlon
We have auditsd the financial statsments of The Green Room CharStable Trust Ithe'charlty'l for thè yéar ended i October 2024, whlch
eomprlse the Statement of Finènclal Actlvltles, Statement of Finand31 PosStlon, Cash Flow Ststement. and Notes to the Flnanclal
Statements, Inclvdlng a summary of slgnlfitant aecountlng pollcies. The financi31 reporting frameiNork that ha5 been applled in their
preparatlon Is United Kingdom Accounting Standards, COMP￿Ing Charltle$ 50RP- FR5 102 'The Flnan¢lal Reportlng 5tsndard appllcable
In the UK aml Republic of Ireland, and appllcable lèw Iunlted Klngdom Generally Accepted Accountin8 Practice).
In our opirnion the financial statements..
give £ true and fair vievl of the stste of the charlty's affalrs as at i October 2024 and of its incomirbg resources and appllcation of
resources, includlnE Its income and expendlture, for the yearthen ended.
• have been properly prepared in a¢cordan¢e wlth Unlted Kln8dom Gene￿IlY Accepted Accountlng
Practice., and
have been prepared In accordance wlth the requlrements of the CharIt￿S Act 2011.
Ba$ls foroplnlon
We conducted our audlt In accordance with Internatlonal Standards on Audbtin8 IUKI IISAS IUKII and applicable law. Our responsibililies
Ur￿er those stsndards are further described in the auditor responslblllties fr)r the audit of the finenclal ststements section of our
report. We are independent Df the charity in 6ccordance with the ethical requirements that are relevant to our audit of the financial
ststements In the UK, Including the FRUS Ethical Standard, and we have fulfilled our other ethical responslbillties in accordance with
these requirements. We believe that the audlt evldence we have obtslned 15 5ufficlent and approprlate to provlde a b?515 for our
opinion.
Concluslons relatlng to 8olng¢ontern
In audltln8 the finzncial statemenrs, we have concluded that the trustees use of the going concern ba51s of at¢ountlng In the
prep3ratlon of the flnarflal staternent5 is appropriate.
Based on the work we have perft)nned, we have not identified &ny material uncertsintie5 ielatiit8 to events or corbditlOll5 that,
Individually or collectlvely, cast Si8niflcant doubt on the charity'5 ability to continue as 8 going concem fDr a period of at least
twelve month5 from when the original financial Statements were )uthorfsed for Issue,
Our r￿ponSIbIlItIeS and the responslbllttles of the trnstees with respect to golng concern are descrlbed In the relevant sections of thls
report.
oihar Inlormatlon
The trustees are responsible for the other information. The Dther information comprlses the informatlon included In the annu81 report,
other than the financial thtements and our auditorf5 report thereon. Our opinion on the financial ststements does not cover the other
informatlon and, except to the extent otherwise expllcitly stated in our report, we do not express any form of assur4n￿ conclusion
thereon.
In connectlon wlth our audit of the financlal stateMent5, our respon51blllty Is to read the other Informatlon and, In dolng 50, cor151der
whether the other informatlon Is m3ter1311y Inconslstènt wlth thè flnantlal statèments or our knowl@dge obtalnèd In the audlt or
othenNI￿ appèars to be materially mls5tsted. If we identify such material inconsistencies or apparent material misststements, we are
required to detennine whether there Is a material misstatement in the financial Statements or a rnaterial misstatement of the other
information. If, based on the wvurk we have performed. we conclude that there is a material mi5Statement of thi5 other information. we
are required to report that fact.
We have nothlng to report In this regarnl.
Pa8e 5

the Ind
nt Audltor5
Matteys on which we are requlred to report by emceptlon
In the Ilght of our knowledge and understandillE of the chartty and Its en￿rOrtMent obtalned In the course of the audit, we have not
Identlfied Malerlal misstatements In the Report of the trustees.
We have nothing to report in respect of the followlng matters where the Charllles IAccounts and Reportl Regulatlons 2(￿ requlre5 U5
to report to you if, in our opinion:
adequate accounilng records have not been kep( or returns adequate for audlt have not been recelved from branches not Visited
by us; or
the financial Statements are not in agreement wlth the accountlng records ané return5; or
certaln dlsclosures of trusteès remuneratlon 5peclfled by law are not madè; or
we have not received all the information alld explanatlons we rèqulre for our audlt
Re5ponslbllltlesof tr￿Stee5
As explalned more fully In the Ststsment of Responslblllties (set out on page 41, the trustees are responslble for the preparatlon of the
flnandal staiements and for being satisfled that they give a true and lair view, and fer such internal conirol as the trustees determine Is
necessary to enable the preparation of flnanclal siatemenis that are freé from materlal misstatement, whether due to fraud or error.
In preparillg the financial statements, the ItU5tee5 are responsible for assessin8 the charity's ability to continue as a going concern,
dlsclosln& a5 appllcable, matler5 relèted to going concern and using the goin8 concern basi5 of accounting unless the trusteès either
llltend to Ilquklate the charlty or to cease operatlons, or have no realislic alternative but to do so.
Our responslbllltlesfi)r the audlt of thé flnanclal stalements
Our objectives are to obtain reasonable assurance about whether the flnanclal statemènts as a whole are free from m3ter121
mi55tsteMenL whether due to fraud or error, to issue a Report of the independent auditor5 that includes our oplnion. Reasonable
assurance is a high level of a55urance, bul is not a guarantee that an audit conducted in accordance with ISA5 IUKI will always detect 3
materlal mlsstatement when It exlsls. Mlsslatements can arise from fraud or error and are considered material if. indlvidually or in the
ag8re￿te, they could reasonably be expected to Intluence the economlc declslons. of users taken on the basi5 of these financial
statements.
The extent to whith our procedures are capable of detectlne Irregularttles, Includlng fraud Is detalled bolow:
U51ll8 our general commercial and sector experience and throL¢gh discussions with the director5 and management, we klentlfied areas
of law5 and regulatlons that could reasonably be expected to have a material effect oll the financial 5tstements as well as tlbjse arising
from managemenvs own assessment of the rlsks thal Irregularltles may occur either as a result of fraud or error.
We examlned the Company's regulatory and legal CO￿espondenCe a￿1 dlscussed wlth the dlrectors and management any known or
Suspected instances of fraud or non-compliance with law5 and regulations. We ¢ommvnl¢ated Sdentlfled laws atKI regulations and
potential fraud risks to all enga8ement team mem￿rS and remained alert to any indications of fraud or non-compll2n¢e Mrlth laws and
regulation5 throughout the audit.
In addres51ng the rlsk of minagement overrlde of ¢ontrols, we tested the approprfateness of Journal entrles. We also challenged
assumptions and judgemont5 made by management In thelr slgnlff cant accountlng esdmate5 and judgements.
There are inherent limitatlOll5 in the audit procedure5 de%ribed above and the further removed non￿omplIance wlth laws and
regulatlon5 is from the events and tran5artions reflected in the financial statement5, the le55 likely we would become aware of IL Also,
the risk of not detectin8 a materlal mlsststement due to fraudls hlgher than the rlsk of not deteclln8 one from error, as fraud may
Involve dellberate concealment bvi for example, forgery ¢r Intention81 misrepresentatlon, or through collusloll.
A further descriptlon of our responslbllltles for the 2udit of the financlal statements Is located on the Flnanclal Reportlng Coun¢il's
website at www.frc.orB.uVauditorsresponslbilltles. Thls descrlptlon forms part of our Report of the Independent Audltors.
Pa8e 6

he Members of
e Green Room CharltableTrust
Use ofour report
This report is made solely lo the ¢harSty trustees, as a body& In accordance with section 144 of the Charities Att 2011 and regulatlons
made under 5ectlon 154 of that Att. Our audlt work has been undertaken so that we mlght Slate to the trustees those matters WÈ are
requlred to stste to trustees In an auditors, report and for no other purpose, To the fullest extent permltted by Ibw, we do not accept or
assume responslbllity to anyone other than the charlty and its trustees 35 a body, for our audit work, for thls repor¢ or for the oplnlons
we have formed.
mit
asu FCA Iseniorststutory Auditor)
for and on behélf of Barnes Noble Ltd
Chartered Accountant & Re8lstered Audltor
Unltec House
2 Albert Place
London
N3 IQB
31stJuly 2025
Page 7

The Green Ro
harit
Statement of Flnandal Aclmtles
the Year Ended 1st October 2024
2024
Unreststcted
fvnd
2023
Total
funds
Notes
Income and endowments Irom
Donatlons and legacles
1,376,977
1.035,100
Investmellt income
9,275
10,106
Total
I.386,￿2
1,045,206
EXpe￿dI￿re on
Raising funds
1,000,056
L171,854
tharitable a(tlvitie5
Governance Cost
4,777
509
Other
152
2,235
Total
i.(I)4.985
1,174,598
Net 8ains111055esl on investments
1503,4231
1,420,092)
NET INCOMEI{EXPENDITUREI
11211561
11,549,4841
Reconclllatlon of funds
Totsl funds brought forward
8,898,753
10,448.237
Totsl funds carrled fonvard
8,776.597
8,898,753
Thè notes form part of these flnanclzl statements
Page 8

The Green Room Charltablè Trust
Statement of Flnanclal Posltlon
1st ottober 2L124
2024
Unreslrlcted
2023
Total
funds
Note5
Fixed assets
Social investments
li
5.697,335
8A06,478
Current assets
Debtors
Cash at bank
12
3,705
3,078,431
3,705
491,323
3m2,136
495,028
Credltors
Amounts tslllng due wSthln one year
13
12,8741
12,7531
Net current a55ets
3.079.262
492,275
Totsl a￿et5 less Current li4bilitie5
8,776,597
8.898,753
NET ASSETS
8.776,597
8,898,753
14
Unrestricted funds
8,776.597
8,898,753
Total funds
8.776,597
8,898,753
The financial statements were approved by the Board of Trustee5 and authorlsed for15sue on 3tstJuly 2025 and were s18ned on Its
behalf by..
T G Prickett- Trustee
The notès form part of these flnancial 5tstementS
Page 9

The Green Rotsm Charltsble Tr￿S
tate
ober 2024
2024
2025
Notes
Cash Ilows from operntlng actlvltles
Cash generated fram Dperations
17
372,111
11,563,140)
NetCa5h provlded byllu5ed inl opÈratlnE attivltles
372,111
1,565.1401
Cash flow5 from Investlng actfvltles
PLFrchase of social Investments
Interest recehjed
2,205.722
9,275
544,531
10,106
Net cash proviéed by Investing activilies
2,214,997
554.637
Change In cash and cash equlvalents In the
reportlng perlod
Cash and cash equlvaleAt$ atthe beglnnlN8 of the
rÈportlng perfod
2,587.108
11,CM)8,503
49L323
1.499,826
Cash and cash equl¥alent$ atthe end of the
reportlng perlod
3,078,431
491,323
The no*S form part of these flnancial 5tstements
Page 10

enRo
lo Trust
tes to the Flnanclal Statements
for
Statement ol compllamce
The finantlal ststements have been prepared In accordance wlth the second editlon of the Charities Statsment of
Recommended PrattS¢e issued in ottober 2019, the Flnancial Reporting Standard applicable In the United Kingdom and
Republlc of Ireland IFRS 1021 and the Charttles Act 2011.
Accountlng I￿)11cleS
a515 of preparatlon
The Green Room Charitable Trust meets the definltlon of a publ1¢ benefit entlty under FRS 102. Thè accounts lfinanclal
Statements) have been prepared under the historical c05t conventiun with ttems recogni5ed at Cost or transactlon valu2 unless
otherwlse stated In the rele￿￿1 notelsl to these accounts,
The flnanclal statsments are prepared In stsrllng which ts also the fun¢tlonal currency of the company and rounded to the
nearest pound.
GolnB concern
As part of the directors, assessment of %Dlng concÈrn, thèy havè prepared detèlled czsh flow ènd profft and loss forecasts for
the next 12 months. The forecasts have beeh prepared on an approprlatÈ basls, taklng Into account the C￿￿ent economlc
conditions that exist.
After makin8 appropriate enquires, the directors have a reasonable expectation that the ¢ompany has adequate resources to
enable It to contlnue In operatlonal exlstence for the foreseeable future. They believe it is apprDpriate to prepare the accounts
on a 8rilng concem basls.
Income
All incom@ is re¢oBrnised in thè St3tÈment of Flnanclal Actlvltles once thè charlty has entltlement to the funds, It Is probable that
the income will be received and the amount can bÈ mèasurÈd rell3blv.
Expenditure
Liabi5ities are recognised as expenditure as soon as there is a legal or c0Tr5tructive obli8ation CDmmittinE the charity to that
expendlture, It Is probable that a transfer of economic benefits will be required in Settlement and the amount of the obligation
can be measured rellably. Expendlture Is accounted for on an accruals bas15 and ha5 been classified under headin85 that
zggregate all cost related to the category. Where costs cannot be dlrettly attributed to partlcular he?dings they have been
allocated to actlvltles on a bssls conslstent wlth the use of resource5.
Taxatlon
The tharity is exempt from corpor3tion tsx on Its charltable actlvltle
Fund accountlmg
Unrestricted lunds can be used In accordance wlth the charltsble oblettlves at the dlscretion of the trustee5.
Restrlcted funds can only be used ft)r partlcular resrricted purposes wlthln the oblects of the ¢harity. Restrlctions arlse when
specifled by the donor or when funds are ￿lSed for particular restylcted purposes.
Further explanation of the nature and purpose of each fund is Included In the notes to the financlal 5tstement&
Traile debtors
Trade debtors are amounts due from customers for merchandlse sold or seNlces performed in the Drdinary course of busine5&
Trade d2bturs are rEcoEnlsed inltlally at the transactlon pri￿. They are subsequently measured at amorti5ed c05t ￿En8 the
effoctlve Interèst method. less provlslon for imp3irment. A provision fDr the impairment of trade debtors is estab115hed when
there is objective evidence that the charlty wlll not bè able to collect all amount5 due according to the orlglnal term5 of the
receivables.
Pase 11
continued..

Thè Green Room Charltablè Trus
Notes to the Flnanclal Statements- contlnued
Ende
Donafjons and legacies
2023
Donatlons and glfts
1,376,977
1,035,100
Inveslmeni Incomg
2023
Deposit atcount interest
9,275
10,106
RaislnB funds
Grant Makkn8
Analys15 of 8raiitS
Below are details of materials grants made to Instittrtions
ActI￿ty
Name of I￿StItUtIon
2024
2023
The Fundlng Network
Disability Africa
Medicine Sans Frantiers
So Give (SER
So Give Malaria Consortium
So Glve Glvewell
So Give
G Rosenfeld
Strongminds
Clear fund DBA givewell
CentsE for Effective
Nine muses foundation
C021itlon for rain
Doeben doacoes fee
Nuclear threat
International RC Donation
BSST Green roorn donatlon
Reprezent Tralnln8 Tom Donat1(
Habltat for humanity Great Brttain
Crlsls UK
Universlty of ¢ambrldEe CSER
Council for 5trateglc rlsk
Unseen IUKI
Medeans Sans Frontleres
14,000
19,500
5,QMJO
70,(M)O
171.IXJO
38.954
55,220
197.500
197,500
220,000
191,400
20,000
80,000
156,000
215.CQO
62,￿0
10,000
35,000
40,000
80,000
40.000
25,WO
5,000
20,000
75,ory)
30.836
S,OOD
60.000
I,￿0,056
1,171,854
Pa8e 12
continued...

The Green Room Charltable Trust
tlnued
for the Year Ended 1st October 20
Charltsble actl¥ltles ¢osts
Support
tosts (see
note 71
Governance Cost
Support costs
Governance
costs
oihèr
Totals
other resources expended
Governance Cost
152
152
4,777
4,777
152
4,777
4,929
Net i￿oMe/(expend1Iurej
Net Income/lexpendlturel1s ststed after charglwllcreditlng):
2024
2023
Audltors, remuThèr3tlon
4,777
509
Trustees. remuneratlon and bèneflts
There werè rho trusteÈs' remuneration or other benefits for the year ended Istoctober 2024 nor for the year ended
1st October 2023.
Trw5tee5' expen5e5
There were no trustee5' expenses pald for the year ended 1st October 2024 nor for the year ended 1st October 2023.
CoMpara￿S tor the statement of flnamclal activltlÈs
UnrestrktÈd
fund
Income and endowments frum
Donations and legacies
L035,100
Irwestment Income
10,106
Total
1,045,206
Expendlturè on
Raislng furnds
L171,854
Charltsble actlvltles
Governance Cost
509
Other
2,235
Total
1,174,598
Page 13
contlnued...

The
aritsble Trust
tes totho Flnandal Statements- contlnued
for the Year End￿ 1st October 2024
io.
Comparatlves for ihe statement of Ilnancl81 artlvldes. contlnued
Unrestrlcted
fund
Net Bainslllossesl on illve5tments
IIA20,0921
NET INCOME/IEKPENDITUREI
11.549,4841
Reconclllatloh of funds
Toial funds brought forward
IOM48,237
Total thnds carrfed lorward
8,898,753
ii.
Sodal Investment5
Opening
AddIt￿n$/
Rèallsed
balance IRedempolon} Galnsl ILossl
Unreallsed
GalnsllLossl Closlng Balance
Un115ted Investments
erfdges Ventures Fund111 LP
BridBesSustalnable GrowthFund IV
LP
BridBesSustaln3ble Growth IVIBI
Bridges Evergreen Capltal LP
Brid8es Property AternativesFund111
¢Jnil Trust
Qrfdges Property AternativesFulld IV
Unli Trust
Brfdges Property AltematlveFund V
Global Health Imiestment Fund
157,914
125.900
16,4411
9.038
134,611
1.47131)4
856,849
3,009,833
13915371
1224.8421
11,845,661
92,230
1227,5851
1120,2291
161,1081
944,412
51L778
L124,858
21,794
537.257
143.9031
4,248
1107,9741
389,628
1,010,564
1,067,459
294,298
17,453
328,603
118,935
54,494
34,924
1921
132,3641
45,766
1110,1221
950,147
1.476,752
165,149
Total
8,406,478
2,205,722)
201,157
1704,S78
5,697,335
8rld8es Venture Fund 111 LP is a c105ed end private oquity Investmont fund. The charlty has committed a total ￿pItraI of
£400,000 towards Ihls Investment whl¢h provldes fvndlng capital to companles which focus on social beneflt The Investment15
stated at C05t above as in the Trustees opinion thi5 15 the fair rnarket value. The investments have a lock in period of at least
fjve years followln8 whlch they will provide an irvestment return to the charity.
Brléges Property Alternatlves Fund 11115 an Investment In a Unit Trust. They Invest In emerglng and underserved locations,
creatlng and generatlng workspace for SME'S or provldlng healthcare facllltles for the111 or elderly in urnderserveLI Markets. The
charity has commltted a total capital of £800,000 towirds this investment whlch provldes fundlng capitsl to companies whlch
focus on social benefit. The investment is stated at fair market value.
Bridges Property Alternative Fund IV Is a closed end prlvats equlty investment fund. The charity has commltted a totsl of
£1,200,000. The Investrnent ts ststed at falr market walue.
8rldgès Su5talnable Growth Fund IV Is a closed end private equity Investsnent fund, The charlty has ¢omMitted a total of
£2,000,000. The investsnent Is ststed at falr market value.
Page 14
confjnued...

The Green Room Chailtable Trust
NotÈs to the Flnan£lal Ststements- contlnu
for the Year Ended lstO¢tober 1024
ii.
Soclal Investments- Contlnued
Bridges Evergreen CapStal LP is a closed end prlvate equlty iwe5tment fvnd. The charlty has committed a total Lif 4600,000.
The lllvestment Is ststed at f31r market Value.
GIDbal Health Investment Fund is also a close ended and unlisted Social enterprlse Investment fund. The charlty had made an
initlal capitsl commitment of $8(M),000 to thi5 fund, blrt that has changed over the year5 via the activlty in the capital call
notites and esllmated changes to the carrying value of the fund's remainirvd investments. The investment Is stated at fair
market value.
Bridges Sustalnable Growth IV IBI Is a closed end prlvate equlty Investment fund. The charity has commllted a total of
£1,000,￿0. The Imiestsnent Is ststed at falr market valuE.
Bridges Property AlternatÈve Fund V is a closed end private equlty Invèstment fund. The charity has commltted a totsl of
£2,OQQ,IX)O. The investment is staled at fair market value.
12.
Dobtor5: amounts falllnB due wlthln one year
2024
2023
Other debtors
3.705
3,705
13.
Credltor$.' arnoyntsfallln8 due wllhln one y¢ar
2024
2023
Accruod expenses
1874
2,753
Movement In funds
Net
movement
In funds
At
ZI10123
At
1110124
Unrestrictsd funds
Generdl fund
8,898,753
1122,1561
8,776,597
TOTAL FUNDS
8,898,753
1122,1561
8,776,597
Net movement in funds, included in the above are as follows,,
In¢omlng
re5011rces
R￿oUrceS
expended
Galns and
losses
Mo¥emeTrt
In funds
Unrestrlrted funds
General fund
1,386,252
11,004,985>
$03,423)
1122.1561
TOTAI FUNDS
1,386,252
1,004,985)
503,4231
1122.1561
Page 15
contlnued..

The Green Room Charltsble Trust
the Flnanclal S
ments-
st October 2024
on
fo
14.
Movement In fundg- coniinu
Comparatlves forrnovement In funds
Net
At
2110122
)veme
In lund5
At
1110123
Unrestrlcted funds
General fund
10,448,237
11.549,4841
8.898,753
TOYAL FUNDS
10.448,237
1,549,484)
8.898,753
CoMpar3tlve nèt movement in fullds, included in the above are as follows..
Incomln8
resouKes
Resource$
eX￿ded
Galns and
lossas
Movement
In funds
Unrestrlcred fvnds
General fund
1,045,206
11,174.598
IL420,0921
11.549.4841
TOTAL FUNDS
1.045,206
11.174.598)
11,420,092)
11,549,4841
A Currentyear 12 months and prfor year 12 months comblned pO￿tION Is a5 follows..
Net
Movement
In funds
At
10124
¥10122
Unre5tr1cted
General fund
10,448,237
11,671,6401
8,776,597
TOTAL FUNDS
10,448,237
11,671,6401
8,776,597
A current ye2r 12 months and prior year 12 months comblned net movement In funds, Include(I Ir the above are as follows,.
Incomlng
resource5
Re￿u￿¢S
expended
Gains and
losses
Movement
In funds
Unrestrlcted fund$
General fund
2,431,458
12,179,583)
I1,923.5￿)
11,671.6401
TOTAL FUNDS
2,431,458
12,179,583)
1,923,515)
11,671,640)
Page IS
continued...

een
rftable T￿st
s- iomilnued
for the Year End￿ Isi ortober 2024
Other flngnflal Commltments
The charlty ha5 followlng financlal commltments
Amount to be
Invested In
comln8 years
Amount
Commltted
Amowrt
Invested al year
end
168,5921
95.268
535,5(
705,030
455.286
Name of Investments
Brldges Ventures Fund111 LP
Bridges Properly Altern?tives Fund 111 UnltTrwt
BridBes Properly Aiternatlves Fund IV Unlt Trust
Bridges Sustalnable Growth Fund IV LP
Bridges Evergreen Caplt31 LP
Brldges Sustalnable Growth Iv IBI
Bridge5 PrDperty Alternative Fund V
£400.0(y)
£800,OLKI
£1,200,0
£2,000,IKK)
£2,600,(
£1,000,(￿)
£2,000,IXK)
468,592
704,732
664,500
1,294,970
2,144.714
355.592
534.590
1,465AIO
16.
Related party transactlons
Durlng the year. the charity received £1,376.97712023,' £1.035.1001 donation from Charities Trust which receives Payroll Eiving
of Tom Prickett, a trustee.
17.
Reconclll&th)n of net eXpendI￿re to nel tash flow from operatlng ortlvltles
2024
Net expendjture ftir the reportlng perfod las pw the Statement of flnantlal
ctmtlesl
Adjustments for:
Losse5 on imiestments
Interest received
Increase in debtors
Increase in creditor5
1122,1561
11,549,484>
503,421
19,2751
13,7051
155
121
Net Cosh provided by/lu5ed inl operation5
372,111
1,563.1401
Anafysls of changes In net funds
At 2110123
Cash flow
At I/IOIZ4
Nel cash
Cash at bank
491,323
2,587,108
3.078A31
491,323
2,587,108
3,078,431
Tolal
49L323
2,587,108
3,078,431
Page 17