Charity Re8iStration No. 1143730 NINA AND ROGER sfEWART CHARITABLE TRUST TRusfEES REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 NINA AND ROGER sfEWART CHARITABLE TRUST LEGAL AND ADMINISTrATIVE INFORMATION Tiustees Lynette Craig Robert Craig Mrs S Birshan Charity number 1143730 Independent examiner TCGroup 6th Floor Klngs House 9-10 Haymarket London SWIY 48P Unlted Kingdom Sollcltors Howard Kennedy LLP No. l London Brid8e London SEI 9BG Investment advlsors JM Finn & Co 4 Coleman Street London EC2R STA NINA ANO ROGER sfEWART CHARITABLE TRUST CONTE14TS Pè Trustees report Independent examiner's report ststement of financial activities 8al3nce sheet Notes to the accounts NINA AND ROGER STEWART CHARITABLE TRUST TRVSTEES REPORT FOR THE YEAR ENDED31 AUGUST2024 The trustees present thelr report and accounts for the year ended 31 August 2024. The accounts have been prepared in 3ccordance with the accounting policies set out in note I to the account5 and comply with the trust's governing document, the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities. issued in March 2005. Strurturefft governance and management The ¢harity is an unincorporated bodyi tonstltuted under a charity trust deed dated 19 August 2011 and is a registered charity, number 1143730. The charity was established under the terms of the Will of the late Nina Stewart who died on 26 June 2011. Trustees The charity deed provides for a minimum of no less than two trustees, nor more than five. The maximum number of trustee5 may be changed by resolution of the Trustee5 at any time. The Trustees must hold at least two meetings each year. The trustee5 who served during the year were.. Lynette Craig Robert Craig Mrs S Blrshan (Appointed 16 February 20241 Spedfic In¥e5tment powers These are listed in the trust deed. The Trustees have power to invest the funds of the charity as they in think fit, subject to taking appropriate professional advice. ftisk assessment The Trustees have examined the major risks to which the Charity May be exposed. They consider that the principal risk to which the charity Is exposed is investment risK which they minimise by having pmfessional Investment managers, J M Finn & Co. The Trustees believe systems are in place adequate to meet such other potential risks as the Trustees have identlfied. They contlnue to keep processes under review. ObjertNes and activities The trust'5 objects are to benefit such reglstered charities or charitable purp05e5 and in such proportions and In such manner and subject to such terms and conditions as the Trustees in their absolute discretion think fit from time to time. The Trustees propose to make a variety of donations to charitable organisation5 working in different fields. and very ¢Xtasional donations to individuals appropriate for charitable support Public bÈnefit The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when making donation5 and agreeing the distribution policy for the period. These objectives will continue to be pursued in the coming year. NINA AND ROGER sfEWART CHARITABLE TRUST TRUSTEES REPORT ICONnNUEDI FOR THE YEAR ENDED 31 AUGUST2024 The trustees have pald due regard to guldance i55ued by the Charity Comfflission in decidin8 what activities the trust should undertake. Checklng Benellclarles The Trustees have always checked on beneficiaries before makinE grants. The Charity Commission has on 3fd June 2026 issued guidance to formali5e the procedures before a charity makes a grant, and the Trustees wlll follow this advice for the future. Achievements and performance During the year, donations totalling £76,450 were approved. The Trustees consider that these appri)vals rep￿sent an approprlate exercise of their discretionary powers. Financlal revlew The Trust's work is entirely reliant on income from donations and investment returns from its endowments. Reserves policy Any reserves are maintained at thè discretion of the Trustee5. The Trustees alm to maintain free reserves at level that will provide sufficient funds to respond to applications for donations and ensure that there are sufficient funds available to cover support and governance costs. The Trustees confirm that assets are avaSlable and are adequate to fulfil the obligations ot the charlty. Investment policy and performance The investment policy of the ¢harlty is primarily to preserve the capital of the charity. at such levels to ensure that adequate income is returned to further the charit¢s objectives. The investments held will continue to be monitored against the policy of the charity to ensure income and capital growth remain at satisfadory lÈvels. Plans for the future The Trustee5 will keep their plans under review in the light of the fvnding av2ilable to the charity- NINA AND ROGER StEiVART CHARIWIE TRUST TRU5TEE5 REpoifr i(ONTINUED) FOR THE YEARENDED31 Auoisf20241 St*emem of trustees TespDn5ibilltie5 e trU￿ee5 are iespDll51bFe for preparint the Tru>tee> R¥port an¢a rtte accounts In accorddftce ￿ oppltcable law and Unrred Ki￿d0￿ Aceouniin8 StsndèrPCTof(￿4. The Tfiistces are rosponsthle for keepin8 &ufficÉent ￿L￿1&EllI1)bffi ieiord5 ihèi Jis¢low with reasL¥nablt at