Charlty r•gI$tratk￿ n￿b•r 1145202
Company roglstra¢lon numbgr OY867602 {England and Waltrm
GUILDFORD POYLE CHARITIES
ANNUAL REPORT AND UNAUDfrED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

GUILDFORD POYLE CHARITIES
LEGAL AND ADMINISTRATIVE INFORMATION
TTustso5
Mrs tkury {Gr8nts Chalr)
Ms Nlco& Freeman
Mr Mathew Gray (Joint Chair of
Fina[￿8 & G8ner81 Purposes
Committee)
Mr Barry Marshall (Dewty I￿a￿>
Mrs mO￿Tr Matravers
MrTim Metson (J￿nt Chair of NnarKt
& Genoral Putposes Commiiteel
Dr &Ththan NorrKg
Mr Mike Eva
IArs Ruth BroIh￿R
Mrs Sandra Robtn
Mrs Alison Bass
PAr Robert Kiley
Mr Matthew RO￿ts
Mrs Kathryn MIL
M$Aud￿Y Howdls
Mrs Amando Cro
(Appolnled 2 February 20231
IAppointed 2 February 20231
IAHx)inted 1 November 20231
Charfty numb•r
1145202
Compony n¥mb8r
07867602
ReglsteTed offic&
208 HvJh Street
Guldfo
SLhrr8y
GU13JB
Independent examin•r
St8phBn ￿er￿11th FCA DChA
Frlary Court
1&21 Hwh Street
Guldlord
Surroy
GU13DL

GUILDFORD POYLE CHARITIES
CONTENTS
Trusteg5' report
IrKleperKlenl 8xaminerfs rgFOrt
ststwnont of finanoal actNitie5
Summary Incc#n& and exp8tMJhuTr aCC￿nI
Bal8nrA sheet
10
Notes to Ihe fTrnclal sl8t8meT
11-23

GUILDFORD POYLE CHARITIES
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEM8ER 2023
Th8 Truste8s pr8s8nt their annual rgTX*t arKI fin5￿la1 Ststernents furthe year en[￿d 31 December 2023.
The finar￿SaI statemonts have prepared In 8c£xJrOanc8 ac(X)unllng pclitjes #el out In note 1 to the
flnandal *at8m8nts and compty with the Charitys merr*￿nd￿M and arudes of a$s￿la￿0n. the Companles Act
2006 and "AcoJLFnting and Rep)rting by Charrbes: Sta￿ent of Reo)mmendwJ Pracfjce 8pplScable to ¢hartties
preparing thelr acc£Junts In acoxd8n¢* wth thÈ Flnandal Rep)￿fig Standavd app4h2t4e In the UK and Republlc ol
Ifeland IFRS 1021 leffedive 1 January 2019)".
ObJectlvg$ and aclfvmes
The aims and objectives of the charity are:
The relief of finanoal hardship, generally or indivK4ualy, of people liwng in Guildford PoWe Charftia$'
aw of benefit by m8kiThJ grants of rTrJney for providing or paying lor items. services or f8cilities.
To enable sodal Indu￿On for th& wbll¢ b8nefft by maklr@ of to ilKlrviduals or organIsa￿On$
80 as lo prevent pewe becomlng sodalty excluded. rellwThJ the needs of those peoF4e who 8re
socially excluded and ass15tlng them to integrate Intr) sod¢ty.
The Trustees have paNJ dL* regard to ￿ldance I5￿￿d by the Charity Cwnmisslon in deodlng what act￿1￿0$ the
Charity should underiake.
Rovlgw ofAcllvltle8
Ounng the p8ft￿ under review, grants tolaling £123.624 V￿re awarfed to organisations and £22.835 to
indiwduals. Some grant paym8nts ￿r9 made tr) individuals for grants 8gtggd in 2022. In addition. al the end of
the period 2 grants whiGh had been avarded hsd not beeTr laken up by the r8cipients and were still due to b&
pak1. Exompl8s of 8S*Stance gNen induded while go)Jslekctrical items. bJmilur&, dothing and contributions
towards fk)oring.
Two smal awards wara mad8 to ladi8s carrwng out for dients of Home Support ServK8s
IGuildfordl who were chosen lo take part in the 2023 Gulldford Pofv Charilies Diarg Ceremony. This event I￿k
place undaf the lerrns of th8 wils of John How and John Parsons vtho a smal sum of mon&y for Ihls purws&
al the tum ol the 17th ￿tUry.
A lotal of 43 grants were made to organisations asslsllng those In n8ed whc6e al￿￿ mat th8 Trustees, guhlg1kn88
(for more information see bekpwl. Ofthese grants. 21 ￿re to Sc1￿C4S for ￿￿15(￿￿1 trips.
Grant Maklng Pollcy
Applic8tiorNs for grants are rBceNed threca from I￿liv￿lUalS and frLKn vBrKW8 St8tvlory vcAuntsry bod
worf(ing with those Sn need. Applicalirms from individuals are review8(1 8gainsl currenl working guidetines and
dedslons m8d8 81 reguL9r IntervaL8 by a txjmmlttee comprisirrfj three Trustses and a member of staff.
Oeclslons on grants to organlsaU(¥)s ar8 m8de by a LX)mmittee.
Guidellnes for grant maknng for both indivtdLo1s organisatk)ns arg rev18w￿] annualty to 8ll8ure that th8y
refiect changir@ circumstsnc8S.

GUILDFORD POYLE CHARrriES
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Achievements and p8rFormance
The on-golng work ol awdrding grants in a efficient eff￿tive way tskos up ts maioilty 01 Ihe
worklng Ume of the staff atNJ the TnJstee8.
In addition, particular Challeng￿S￿leveffleQ1s of the tharity duriThJ the year were:
No Tnjstees re￿re￿ during the year aNI two Trustees were gJccessft* appoint8d. In addition,
Guildlord Bcfwgh Council nominated 8 new Tnjstee fouowing the Irxal elethons in May. The exlstiro
r￿rninated Trust8• was then dected as a Trustsg in their (wffl ryght.
The Grants Adminlstrator ￿ had worted for the Charrty for deven years ro￿gned and Trustees
Ih8nked them for thelr oontrlbutlon dudng th81rllme at Po￿. Anew Grants Admlnlstrator was appolnted
and started in May.
The buugel for the year was under continuous remew given the (jj￿ent circumstancos.
Tru8lees dedded to mak8 8 small reductkjn In the targeled thl of g￿nt gfving for the final quarter
given that tha investment fund retums ¥w8 adver5ety impacted by the very high level ol inflalKJn.
Howev8r, overall grants forthe yeor remai￿1 ahe&J of the bevel ofgrants award8d in 2022.
Updated pdicies were agrged.
Grants. Guklelinas We￿ reviewed and amended to re118Ct Chan￿ in need or cArcumstan¢gS.
Th& lirn8 poriod frjr indwidual grants lo be taken up was reduced to Six Wogks from three months atxl
this seems to b8 w0￿1n9 well.
Hooring grants were reviewed and rr*)rg l￿bIlty was docaded with regards to tha option of rugs or
eorpel.
Procedures aroLtnd followrng up grdnls not taken up. grfl c8rds receipt WU88t8 and BACS p8yments
We￿ tightened.
Individu81 Grant applicatKJns we now to kK¥e88e slvJhty during the in ￿Mp8fte1￿ to appI￿allOn
numbers during the pandeml
. Suppller co*s Ilid not Incrva5e duiir4J the yw the fv lrnyeases contMU￿ to have an Impact on
the bLKJget.
. The new leallets pr¢>Juc&l to promote the grants program￿$ at end of 2022 were useij (Jurlng
2023 and staff and Tru$tee5 attended several N&t%￿)rkIng events.
During Ihg year Trustees deci(Jed lo roll oul p0￿e email addresses to ensure seujrity with intemÈl
(x)mmuni(xlK)ns. This dwnge has twn more comF4ex b) imp￿￿OnI Ihan originally 8nvisage(l and 80
further consideratk)n is btring given lo the asS￿a￿ rolout of ShaTrPoinl to ensure that it can I
implemented èffgrtivety.
Trusta8s rewewed the 'thctiig for the Maids Mcvw, Ceremony that takes Fdace 8nnvaNy al IheAGM wlih
th8 Mayor present. Tmstg8s deuded lo cxjntinue Ihe Cer8mony but r8name il lo 'GuibJlord Poylg Di¢wig
Ceremnl. TNslo9s also decided to I￿93$e Ihe payThnl ffx the aWdrd8 from £60 and £62 10 £98
and £100.
Fdlowing a review of the costs 8nd benefits of continuing to hobd the freehokl property, the Tnjsiees
decided that it W￿1￿ be appropriaie io tèsl the mathel in wilemK48tion of a possible sale.

GUILDFORD POYLE CHARITIES
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Exampl•s of Organl$atlon Grants Award•d from th? kncomg Fund durlng th• Year
GASP Motor Pr¢ja¢t- Tralning in motor m•¢hani¢$ for diSa¢fv4nta￿d and disengaged young ptrople Uses
motor mechanics and bas￿ eryJineering to help ￿r￿age disaffectedldisadvanlaged young people. by providing
training programmes and offering opportunty to cwiplete an AQA award accredilallon. They requested funds
IvNards delN&ring a mobile dassrotsm f*ld at The Hive, PaTk Barn for disadvantaged students covering two lemis
of wee￿Y tralnlng Ses￿On5 In motor rnec*8n￿. Trustees agreed to award £4,255 to cover the cost of one courso.
Gulldford Town Centre Chaplaincy. Communlty Ango15 Prol•ct a befriendir¥J project in response to
Increaslng Issues of bneliness and Isolatlon amorKJ adL#ts of all ages In Guildford. They offer SIX months of weekty
f￿-tfrface befriending Ivlslts and oullngsl with a (xr8fiJlly mslclth and tr81r￿d v(Aunlegr. Tn￿toeS agreed io
8w8rd £6k tt)wards the prolèct.
Chall8ng•rs, Gulldlord Playschèmè and Y(Arthsch•m• Ch81gng8rs offers play arxl1gi8L¥g fac111t￿¥ for di8abted
¢hildr8A arml young p80pI8 8rKI 8lms to break d￿4￿ baTrleTS to play. They requested funds towa￿8 their youth
scheme a￿1 play Sch￿ whKh provide recreatk)nal acINit￿ for disadvantaged disBt4ed cknildren 418 Y￿rS old.
Tha schgmas offer a space for support to onatA8 young peopk to s(xialis8, practic& communic8tlon and have fun.
Thi$ also enables th8 (rther famity membern to Ik3V8 a break Irom their caring role. Tru318as awardèd a grant of
£5,100 lowards the project.
Financlal Tgyie
The net Dpeth'ng defidt for the year £75.180 12022 - £64.774 d8fidt} bef(Ye investment gains of £179,C(12
12022 - £349,976 investrnent h)sses), results'ng in a net m0veTh￿l of fi￿d5 of £103.822 (2022 - £414.750 negats'v8
n8t movemenll-
Total funds stood at £4.719.118 at the year end12022- £4.615.295} aThJ *ere repfesented by end￿MMent funds of
£4,667.55012022- £4.564,486} and unr8Strthd lunds of £51.5e812022- £50.8091.
R•s8tvu Pollcy
It is the policy of the Charity Ihat free reserves lunre5trided funds have not been despJnated for a spe¢lflc
purpose and those represeTr1￿ by fixed assets) shoukj be n￿Intained at a levd of £50.(XIO to ￿Ver a ￿e1Ve month
riod. to 8n8ble continuty of op8raIM￿ than grant gving. In worst ￿s& wnado il WO￿ 8Lg0 gnabie a
controled shut down of the Charity.
At 31 Deo8ml)?r 2023 rg88Ne8 8tLwJd at £51,568 {2022-£50.8091.
In¥•stm•nt Pollcy
Any unreslrfcted capStal b5 hekj In GL*dIc￿d Po￿8 Chwities (tharfty nunknr 11452021. whlst Ihe endowment ca￿￿1
is hekl by its suitsKJiary, The Poyle Charity {thrity 1145202-11.
Therè are no restridons on the Charitys p￿rS tD invest. Thè invèstmènt FK4icy is sèt by thé Trusl88s who
consider the catHtal growth, Ir￿￿e requireThwts, Ihe r45k profile and the investment mana9eT'S view of the market
prospects in the medium term. The Charity invest a prOp￿lOn of fijnds in PTOP8ty which pnerates as w811
os pftJv¥Jing oifTh occommfy1at￿n lor usg by the Chartty.
The Trustees meèt the investff*nl manw annuaty to rev￿¥ perf0mWn￿ and inVestm￿l pcli¢y.

GUILDFORD POYLE CHARITIES
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Total Rolurn
Tha Poyle Charity subsidiary investgd gndowmenl generdtes Lxpital growth aNI Inte￿8VdtvidendS which aro
reinvested. Trustees d&t&minè frDm lime to time the proporbon of thè inv8Stment which will be converted to in¢i)me,
in accordance wth guideline8 designed to ensure that to the 8Xtenl ￿￿￿ble, the incom8 and the Trust for
Investm8111 (see betr)wl are at least infiation prot8Ct8d and sustainabk oyef the long tèm). A8 in 2022. the invested
fund of the Charities d8lNèred less Ihan the inllat*Jn plus 3 to 4% tsrget al￿1t perfomiing bglier than other
perfomiance benchmark8.
The Charty rules for delemiining income lake a view over a 5 y&ar per￿xI lo al¢)w for signifrcanl variation in the
mark81. The Iwshion of unapp11￿1 Total Reknm IUTRI buill up over the years enables Ihe Ch8rlly incrrne to be more
consistent. The Charily recwve qu8rtth rep￿ from thg fund manw and have an annud revtw meeting wlh
the investnwt manager.
The initial valuos of the Twsl for Investrnenl (the value of th8 ￿m)et￿nI endowment) and t￿h n&pP[e￿T0t81
Relum IUTRI were estsbllshed by a deci￿on of th8 8oartl d Trustees on 25 October 2018, to approve Ihe Proposal
from the Flnance and General pu￿ Ccrtnmittee IF&GPX to tske effect fr￿n 1 Jwuory 2019.
The initial valLJ& of the Trust for Inveslm8nt was set * the value of the pernanent eTrJcMmènl fvnd invesl8d in the
stock market on 31 Decembpr 2008, b8ing an amount of £2.424.155. date vas th08en because it w&% the first
tim8 thal all th¥ endowmenl fuThJs of the Charity ￿ra C(￿bIned. The inib'al value of the UTR at 1 January 2019 was
£1.278.650. The value crfthe Chafitys bjilding was exchjded from the Trust ts Inv8stnwl.
None of th& Trust fix Invtrstmelll has be8n dktat*J to th9 UTr arKI no re(￿1￿￿6n1 has bg8n mad& from thè UTR
Into thfj Trust for Investment in the perk)d.
The Charity received adV￿e on the generality of tot81 rebjm investing. the gLldelnes for converting UTR to income
and the sustainabilty of the inuyne from Mr Aex Dow of Rathbone$. Mr Dow is 8 Chartered Fellow of th6 Charterècl
Institute for Secuitties and Investmenls. hdding the DipkJm•. and is also a Chartered Financial Andyst
chartethclder.
I￿sk manag￿￿nt
The Charit*s maintain a Risk Rogisler to poN*ived to tr￿S￿esS. operallons and repulation. The
Truslaes have rev￿1￿￿ the re9￿18( and eon&id8r that Iha ctharity has laken a￿￿p￿t& measures lo mlligate thesè
risks.
Plans for futwe periods
The Chatitbs InteThJ to (a)ntirM￿ to wovklg grwts to w￿l¥ldu* and organlsations In Ilng wlth the oblects.
though the investm8nt environment remains urKertain. thè TnJst8es havg dg(xled not lo change the prln¢lples on
which the grants. budgets are determined. This kept L¥Kler review in the light ol nged withkn the k)(xlity and
the wo8pects for capital grcNth of tho ￿v08tr￿ts.
Structure, governanu and managemenl
Constltutlon and Govomlng Oo¢um•nt
Gull(ffortl Po￿9 Charfkn'es was Incorrmt&l on 1 Dwxmber 2011. havlng acted as an umbrdL2 b)dy for a
nu￿)er of much okjer charfttes. The company is limite4J by guarantee and Is govemed by a set of Memorandum
and Articles of Aswiation based UFon mod61 (k)￿m*nts produc8(I by Charity Commission wllh reglstrallon
numbèr 07867602. The company was raglstered Ihe Charlty CcrfnnNssKJn 22 08￿mber 2011 ￿th chBrfty
registration number 1145202.

GUILDFORD POYLE CHARITIES
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The Tnjstees. who are also Ihg dirwAor8 for the wrp088 of o)mpany law, and vhK> 8eNed during the year and up lo
the dale of ¥ignalure of the financial statements were:
Mr Gor(l)n Reid {Chair cl Ihe Twst8•s fri#n 19 May {ResW 1 F8bnJary 20241
20221
D&borah Drury {Grants Chatr)
Ms Nicola Freoman
Mr Matthew Gray (Jdnt Chairof & Gen￿
Purposes Committee)
Mr Barry Marshall IDepKty Charl
Mrs Moyr8 M8lravers
Mr Tim Metson (Joint Chair of Finance & General
Purposes Commitleel
Dr Jonathan Norris
Mr Mike Evans
Mrs Ruth Broth￿￿￿
Mrs Sandra Robinsc
Mrs Mison Bass
Mr Robert lQley
Mr Matthew Roberts
Mrs Kathryn Mills
Ms ALMJrey Howells
Mr3Arn￿da Creese
IArffjnrite(12 February 2023
(Ar￿11tert 2 F6bruary 2023)
IA4pinted 1 November 20231
RocruHm•nt and Appolntrnont of Trustws
Tha Trustoas vtho hav8 sgrv8d through the p8rKJd and &n(* the erwj are set OLA on page 5.
Trust8fys are chosen for their knry*Aedge of the sector the charity w0￿S in or for other speaalist knowledge ￿qui￿rt
lo operate 8 successful charity. Checks are Caff￿d oul toforè a Twslee 1$ appolnted indude searching itt& Rogister
of Removed Trustees hdd at the Chariiy commissi(￿ 8nd the Insofvency Register to ensure c8ndidate5 are eligible
lo lake up appointment 8nd obtainirwJ an enhaTK%d dedaration of eligiblity Irorn the candidale.
The board of Tluslees ￿MpriSe a minlmum of thw indivK1uals IAJt unloss ottrwise detemined by ordinary
re8dutlon. shall not btr subject to any max1Th￿rn. GuiWI(wd Borough Is r¢$w￿$t}le for nomlnallng one
trustee to serve on the Board ol Truste8&
Retlremont ol TTu8tse5
Al each AGM, on￿Uarter of tha Truste8s must by lotsti(￿ is detennir￿l by those who have been In
office longest since thelr apKh)intrnent.
There Is 8 m8xlmurn term ol office of ehJht yews. althO￿h a trustee nw rad9(￿ad for A furth8r four yéar perfod
if Ihey ar8 appoThit8d Chair of the Chsnty ￿ Chair(rf any of the Committees.

GUILDFORD POYLE CHARrriES
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Structure
On 1 January 2012 the assèts and fIab￿ltieS. except ￿4b"ng to a peM￿nant En(knvment Fund, were
¥n3ferred from 'H8nry Srrbith's or The Po￿6 Charity kwv)wn as Guth Po￿8 Charities" Ifom)edy Charity
nunknr 10781311 lo the new charitalla comrmny.
Under Charitiès Act legisl3lNJn Ihe pemwnent End(hvm8nt Fu￿1 had to ￿ kept in th8 original unln¢orporated
charity. Th58 unincorporated chaiity has n(M been linked to thè dwtilable ojmpany VH a uniting diraction and
glv8n a n8w chBrity number 1145202-1.
On 26 January 2012 the TnJstè8$ of the tharity r8signgd aHI the chaiittha cThrry becama Ihe 8¢Jl8
corpwdte Truste8 oflhe uninLW￿fd￿ charity.
These accounts incorporats the results of both ￿lIdfOrd PO￿ CharitiBS {dHrity number 11452021 and The Poyle
Charity (united charty number 1145202-11.
Trustse Inductlon and Training
New Truslees partKipate In an irxluction session to f8nNli8rise Ihemsthes ￿th the th8rity and thè conlext wthin
which it cwgtes. Am(*vJ other things. this covgryJ".
The oll1g8lK￿S of Trustees
. The main deojments vthlch set wi the operalicThl framwot* for the (*ar5ty Indudlng MOn￿rand
and Articjes ofAss0o8tKJ)
The charty's gr8nt Ma￿ng guid&15noS
. Resourclng and the current finandal as set c4Jt in tho lat￿ ptstr4ished ￿llnts
. FulLTr pIar￿ and otyecth8
Talks by relevant 8peakets are organlsfAI throughout the year to help ensurè that kno￿98 of tha o)mmunlty In
vthich Ihg charity operates is upt(kdate and an'AwdydaY 18 h8hl. vthgn wuired.
The Trustees. rewt was approved by the Board ofTrustees.
rryma
ha*iDrfputy Chalrl
Mr Matthew Grny
Trusts•
Dalg..

GUILDFORD POYLE CHARITIES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GUILDFORD POYLE CHARMES
I report to the Trustees on my examination of the finanaal stat8m8nts of Guiklford P0Y￿ CharIt￿S[th9 Charity) for
th8 year ended 31 Dec8nkn8r 2023.
Respon8lbllltI￿ and bo$1$ of roport
As the Trustees of th8 Charity land olso its frx the wwses of (xJnpany18wI you are ￿pOn￿ts￿ for tha
prgparalion of tho fin8ncial Stat￿nts in acrpxdan(* with ￿ requirements of thg Compan5tts Act 20Cfj {Ihe 2006
Having satisfied myself that thg financial sialeThnts of tha Charity are Mt roquired to bg auditaj under Part 16 of
th8 2(￿ Act and are eligible for indeperKl8nl examination. I report in resFxl of my examinaticsn of the Charity's
financial stslements carwl out un(Jer sectirm 145 of the Charibe5 Act 2011 (the 2011 Acll. In cary'ThJ out my
examinabon I have folkjwed al Ihe applicable Dire¢ts(￿ givgn by the Chanty Commissts)n undgr $gctton 14515llbl
of the 2011 Act
Independent gMmln•rfs slat•m•nt
I have completed my examlnatkn. I ccth that no matters h8v8 to my gttèntkjn In conn8Ctk)n ￿ the
&xaminalion giving ouse lo kEIi8V8 th81 in any rnalerial respw
aC￿UntIng rg¢ords Wa￿ not kept tn resK*(a of the Charity as r8qulr*J by Se(th￿ 386 of th8 21X)6 Act., or
the financial slatements do not a￿)[￿ wim those records: 01
th8 financial statgments do not y￿1h the acoyJnting rw4uir8ments of se￿￿)￿ 396 of thB 2Th)6 Ad other
than any requirement that th# accourrts givo a true and lair view *thich is n¢t a matter ￿)nSIdered 85 part of an
indapendenl examinath)n: or
the finanael statements have not b8en Wap￿￿d in accordanc8 the m•thc#Js princy18s of th&
Statement of Recomm6nd6d Pracb'cè for 8C(x)unting arNJ r8rKxb"ng by ehariti8s applicablè to chadt188
èpariro thelr 8¢¢wnts in a(wrdanc8 with th8 F￿an￿1 Rowrting Standard applicabb8 in the UK a￿1
Republic of Ireland IFRS 1021.
I have ￿ con¢%ms ar¥J have C(￿r￿ ac¥oss r*) other matte[5 In connectth the examlnauon to whlch altentlon
should be drawn In thls rep)rt In order to enatla a PDJp8r uThl&rslandlrKJ ol tha finandal stat8m8nts lo b& raached.
Stsphon Mèredith FCA DChA
Frfary Court
13-21 Hlgh Street
Guildford
Surrey
GU1 3DL

GUILDFORD POYLE CHARITIES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Total Unrestricted Enthwm8nt
fund$
fvnds
2022
2022
Total
fvnds
2023
lunds
2023
2023
2022
Donatlons and k8gades
Investments
Other inojme
12.377
32,378
151,(th)
12,377
136237
13.310
22.645
148.O¢XI
13,310
134.971
103.859
1151.1YN)I
112.326
I148,￿)0>
Total Incomè
195.755
(47,1411
148,614
183.955
135,6741
148.281
R8lslng fvnds
6.939
28.798
35,737
5,458
29,269
34.727
Charita￿6 activit*s
188,05T
188,057
178.328
178.328
Totsl ¢h8rftsblb oxpondltur•
194,996
28.798
223,794
183.786
29,289
213,055
Net operating Ideficlt)
759
(75.9391
175.1801
169
164.9431
{64.7741
Not gaSnslOoss8sI
Inveslments
12
179,(K)2
179.IKJ2
1349,976) 1349.9761
Nfjl movgm•nt In fund8
759
103.
11YJ.822
169
1414,9191 1414.7501
Fund bal8ncos at 1 January
2023
.809 4.564.487 4,615,296
50.640 4.979,405 5,030,045
Fund b4•nc•$ at 31
08cemb8r 2023
51,568 4.667.550
4.719.118
50.8Ce 4,564,486 4.615,295
The statement offinandal aclfvitTes tndudss al g8lns arNJ k1s8es reC￿jnI￿j In the year.
Th8 statement of ￿all￿al actN4tss Indudes 81 g8ins 8￿1 k)88es rw)Jgni8ed in the year. All 8nd expenditu
delive from contynuing odNi1￿&

GUILDFORD POYLE CHARITIES
SUMMARY INCOMEAND EXPENDMJREACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
AM Incon￿ fundB
2023
2022
Gross income
195.755
183.955
Total expendltura from Ino)me fuThJ5
194,
183,786
Not Inconw forthe year
759
169

GUILDFORD POYLE CHARrriES
BALANCE SHEET
ASAf31 DECEMBER 2023
2023
2022
Flxod as8Ot8
Tangible assets
Investment prowues
Investyngnts
14
15
16
42.059
557.94f
4,108,721
42,059
557.941
4.011.551
4,708,721
4,611.551
Currgnt a$s
Debtors
Cash at bank and in hand
17
29,997
31 A37
34.654
Credltors: amo￿th fAlllng dug wllhlTr
on• y•or
18
(21.040)
130.9101
Net alr￿n1 assets
10,397
3.744
Total a88•ts l•ss eurrnnt li•bllltl¢•
4.719.118
4.615.295
Capltal funds
Endowmgnt funds- genwal
Incomefvnds
Unrestrfct8d funds
4.867.550
4.564.486
51,S68
50,809
4.719,118
4,615,295
Th6 company Is éntldad to thè eXemp￿On from Ihe audlt r&wlrernent ccffitslned kn section 477 ofthe Companks Act
2006, for the Iwar gnde(131 Decwnbof 20ZJ.
The directors aCknO￿edge their reSpL￿1b1IrtIeS for cCrfnp￿'Thj wilh the requirements of the Ccffipani85 Att 2tK16
th respeot lo accounting records 8nd th& of fin8n¢ial statemonts.
The members have not requi￿1 fv o)mFony lo thain an wdlt of rts financl818latements for thè y&ar in question
In a￿)rdance with 8eclion 476.
These flnandal stalwnents have been prepar•Y In aCLx1thn￿ with the w0vist￿LS apFAicabl8 trj (xmnp￿los subject
to the small cofflpanies regime.
The fin8ncA81 statèments were apwowj by the Trustees f
Mr
Tr
arnW•puty Ch
Gray
ts0
Trustee
Company R•gl•tr•tl¢)n No. 07867602
10-

GUILDFORD POYLE CHARITIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢￿￿￿1￿9 poll¢le¥
Charlty Infomiatlon
Guildford P0Y￿ Charibes is a ￿Vate ccknparty tsmiie¢J by guarantee In￿￿￿rated in Énglanfl and Wdes. The
r8gislered office is 208 HKJh Street. Guildford, sU￿y. GU13JB.
1.1 A¢counUng ¢onv•ntlon
The financlal slalernents have teen prepared In ￿cOrdanCe wlth tr￿ C(m7panles Aca 2006. tho Charbtfjes Act
2011 and "Accounb'ng and f19p￿ts￿g by Charities." Statemer)l of RecornfflerKled PfBcbc8 applicable to
chantiès préparing Iheir accJ)unts in a￿OrdanCe vthh Ihe Finanaal Standard a￿lcab￿ in the UK
and R8public of IrelaThl IFRS 1021 {effective 1 January 20191.. Tho d)arity is 8 ￿jbIl¢ Benèfit E￿￿ty as
d8fin8d by FRS 102.
Tho charity has taken thantagg of the promsiwts li lh8 SORP for (a)arits85 ￿$t lo prepar8 a Stslemant of
Cash Flows.
The finar￿181 statements ar8 pr8par8d in sl8rfrwJ. whith is thè fuN*ion81 currency of the Charity. Monetary
arTK)unts in th888 fmancial 8latsments are rOu￿led to the nearest £.
The fInar￿181 Ststen￿ts have been prepaMI the hlstor*41 cx>st conventk)n. The p￿ndpa1 accountlng
pdldes 8dopteil are set ryjt ￿knv.
12 Golng conearn
At the time of wro¥Ang thtr financial statements. the TnJ8tee8 have a reasonable eXpeCtat*L￿ that the Charity
has adequat8 resources to continue in operaticnal B￿stanC8 for Iha foresaaat40 futurg. Thus Trustsès
continue lo adopt thè going concem basis of accounting in preparing the fin8rrial statements.
1.3 Charltsblo funds
Unfeslricled funds availablo for use 8t discre1k￿ of Ihe Trustees in futherance of thelr chgrltable
obje¢ttve8.
Reslrfcled funds are S￿leCt to st￿th¢ condmcms by ¢jon(￿S or grantors as to how thoy may be used. Th&
purposes 8rKI u8es of the T8slri(aed luThJs ￿e set the rh)tes to lh8 financ￿￿ statsments.
Endowment funds are sutyecl to speth cO￿lItiOnS by dor•)rs th8t the must be m81nlain6d by Ihe
Charity.
1A IncomÈ
In¢ome 1$ recognlseil vthen the Charity 15 legaly enlilled lo It after any perfom)ance conditk)n$ hwg been
mel, the amounts can be nwsura rdSatty. and it is yobabk that Inc￿0 wll be ro(*fved.
Cash donatrons are recognised on r8c6ipt Other￿￿tiOrS Bro rgKgnisad tho ChBrity h8s notrf￿d
ol the donation. unless pèrfOm￿nCa condttK)ns r8quSrB deferrdl of the amount. In(x)me tax recoverdble in
relation to {Jonali￿8 under GiftAwJ (* deads of (a)venant is recognised at the tim8 of the donalS0n.
Legacies are recoJnised on receipt or otheNse rf the Charlty has bo8n noJfiod of an Impondlng d1stribu1￿.
the amunt Is kTh)wn, aml r￿1p1 Is èxpecled. If thè arTb)unl Is not known, th8 bgacy is treated as a
conUngent 88s8t.
11

GUILDFORD POYLE CHARITIES
NOTES TO THE FINANCIAL STATEMENTS (COKllNUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ountlng polkhs
Icofttlnugd
1.5 Exp8ndlturg
Expondilure is recognksed once thère is a Wl or constructive to transfer aconomic benefit lo a
Ihirtl paty, it is probat49 that a transfer of 80)nomic banafits wiu be r8quw&J in satU8m8nL and tha amounl of
the otligation can be measured reliatty.
Expenditure Is dassfRd by activity. The costs ol eath actmty arg madg up of thg totsl of diwl cosi$ 8nd
shared costs, Including suppcwi costs involvgj in undertaknThJ eac* actmty. Dir8¢t costs 8ttribLrtat48 to 8 single
aclivlly 8r6 8110¢8ted dlrpclly to th818dlvty. Shawl costs whlch cont￿￿18 to mre than one advlty and
support costs which are rKsl attribJtat4e to a single activity are those 8ellvlJ8$ on a basls
eAMsislent Mth the use crf resources. Central staff costs are alC￿t￿] on th8 ba￿3 of time spent, and
(lgpredatlon (*affJgS 8re all￿ted on Ihe pKJrbon ofthe asset's use.
expen(liiure is accounted foron Ihe ac(j￿*S basls inc*Jsfve of VAT.
. RaNng funds compr(xnise thctse ¢osts dknecty attribut8blg to rnan￿1ng investment pothfios.
- Charitable actiwbes ind￿Je grants made together ￿th rdevant ￿pp￿t and govemance costs.
- Grants 8re ch8fged In the y92r that Ihey are appr¢)ved for payment No g￿ts are defvrred.
- Other expenditure represents thw ctyts fathng into other headlngs.
1.6 Tanglblg ffxod asjets
Tanglble fixed assets are In￿allY measureh at cost and sub5equenty measurtd at ts)sl or valuallon, nel ol
depr8ctrali¢M arKJ 8ny impaimienl108808.
Individu81 fix8d asgets c(￿tIng or are cawtsl8&J al co8L
Depre￿atiOn is recogni￿1 so as to off ts cost (* Val￿On ofoss8ts19SS thgir rn5Klual value$ over thgir
useful INes on the follo￿r￿J base5:
Computsrs and cffte equipmant
33% Straight I￿8
Freehol(118fKI an(1888ets a￿ not dep￿￿￿tell.
The gain or k)ss arising on the dispos￿ of an asset is delemin￿l as lh8 dNIg￿nce bgtwegn thg Sale
prn￿edS and the caffying value of the asse( and is recogThsed in the statement of financial a￿Vities.
1.7 Invgstmovt propertl•J5
Investment property. Is held to 8Am rgttsLs c8W apprac58tion. Is inthally
rec>)gnised al cost, which indude5 the purchase ctsst and any ¢Jire¢tty attributsNe expendtture. Subsequently
il is m8asur8d at fair value at the re￿rtIng er￿ dale. The sl￿￿$ cf deficit on revaluation is r8CO9nised in
Statemont of Finano81 A¢tiviti8s.
1.8 Flx•d ass￿ Invesb)i•nts
Fixed assel investments are initk81ty measured at Iransth pJice exdud¥vJ tran￿tIOn costs, and are
subsequenuy me8sured al fair v81ue 8t e8ch re￿￿￿9 dale. Changes in fair v8kne 8re rgcognknd In net
incomel{exp8n(Jiturel for the year. TranS￿t￿n (x￿ts are expensed as In￿r￿d.
1.9 Impafrmènt of Ilx•d assets
At each repoiting and date. th& Charity revlws the of its tangitle assets to detemine
whether Ihere Is any 1ndk%￿l￿ th81 those as80ts hBve suifered an ImpalM￿nI 10s5. If any such Indtstlon
exists. the recoverable ar￿Unt of the asset is estimated in order to determine the extent of the irnpairment
loss lrfany).
12-

GUILDFORD POYLE CHARMES
NOTES TO THE FINANCIAL STATEMENTS (cO￿riNUED>
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting pollclgs
Iconllnuedl
1.10 C•#h and cash eqth
Cash and cash equivalents indLwJ• cash in hand, deposits hekl at ¢>ll wlh banks, other short-term liquid
Investments with original matsJriti8s of thr86 N¥)nths tr Jess. and bank ¢)verdrdfts. Bank overdrafts are shown
within bOrrO￿ng$ in currenl liabilities.
1.11 Fffimnclal In¥lruments
The Charfty ha5 elected lo appty the provisions of Sedon 11 'Baslc Finandd In*unw)ts' an(1 Section 12
'Olher Financlal Instruments Issues. of FRS 102 to all of Its financlal Instrum8nts.
Fln8nd81 Instruments are recognisejj in the ch￿tys bala￿ slwt th& Chanty t)8comes pwty to the
contractual prowsions of the inslnJmenL
Flnan¢lal assets and liabilrbes are offset. with the net amounts prgsent8d In finanoal statements, wh8n
there is a legally ￿fOre￿atrIe right to set off the re¢ogniwJ amounts and thore is an intention to setde on a
net basis or lo realise the assel and Setde the Ikgbilily Sir￿11￿￿￿.
Baslc flnanclal4s$•ts
Baslc finandal 8ss8ts. whth debtors and cash and bank balance8, gre InMS8ty me88ured al
trans8dion price includiro ITansacllon costs and subsequently carrtod at aM0￿9ed cost uslng the
effecllve interest melhod unkss the orrangomont (xxwtutes a ftnandng transadlon, where the transacllon Is
measured at the pr6sgnt vath of the future r￿Ipts dlso)unted at a mark8t rate of Interest. Flnancial assets
dasslfiad as r8c*fvalAe Vlithin one year are Th)t arnorbsed.
Baslc ffnonclal IlablllNos
Basic flnBncial li8billtss, induding creditors and bank bjans are initialty recf*Jnis8d at transaction pri(* unlass
Ihe arrangement C4JnStitut8$ a finandng Wans*irm, where the debt instrumont is measur8d at iho pres8nt
value of th& fulur8 payments disC￿nI¢d al a market rate of interesL Financi￿ liabiltios dassified a$ payable
w51hin ong year are not amorlised.
Debt instruments are subsequ￿￿ twrted 8t8nxyllsed ccrt Using the effec11￿ interest raie method.
Trade crodllor5 are obligat￿S to pay frjr gcojs that hgv8 twi acqulrod In thè ordir)ary course of
operatbns from suppliers. Amounts payatltr are dassthe(l as current IlabllHle5 if paY￿l is due within one
year or loss. Ir not. they are presented as non-OJTrent Ilabllltles. Trad8 CrEd￿orS are recognlsed Inillally at
tran8aCt￿ price and subsoqu$nUy m￿sU[0d at al[￿$￿d o)5t u￿Nd the effec¢ive Inte￿81 melhod.
DeFv¢ognltloft of financlal Ilabllllles
Financial liabibtiès are derecwised vhwi the ON￿301￿)nS owre or 8re dk8charged or
cancdled.
1.12 Employee 11￿efi￿
The cost of any urnjsed IKlhJ8y en￿¢1#m￿lS re¢oJi¥ed in Ihe perK*J ￿ whKh ts employeo'$ S¥tvlces are
rocelved.
Termlnalh)n benefits are recognlswj Imr1￿d￿8t￿Y as an eyPer￿e vthen the ch￿lty is demonstrabty o)mmitted
lo t8rmlnale the empbyment of an emF4oyee or to provlde tennlnollon benefits.
1.13 R8tlrom•nt benefits
Paymants lo defined ojntsibution r8ttrom8nt b8nofft S¢1￿ ara chty as an gywnse as they fall due.
13-

GUILDFORD POYLE CHARITIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Crltlcal accounting estimates and juduements
In thts #p￿ICatiOn of the Charitys accounung Folcles. th8 Trustees ar& roqulr8d lo make jLKlgements,
estlmates and assumptions about the amount of assets and loa￿lItieS that are rK•l readily apparent
from olher sotsr(*s. The estim8les and assodatsd assumptions are based on hlstorfcal experf8nce atyj Olher
factofs that are consldared to ￿ rBlwanL Adu81 r8suAs may differ from Ihe5e estwnates.
The 8sbmal8s aThJ und8rtWng assumptions are rBvièw8d on an owng b85i8. Rgvi8ion8 lo a(zounbng
estimates ar8 recognis8d th9 in whith the estimate is Tevi8ed wher8 the revisicn affeds rmly that
period, or in the ￿riod of the and ftrture peric*Js where the revigon affocts trM)th cutyènt and future
p8riods.
Income frnm donatlons and l•gad•s
Unr•stri¢tsd Unrnstrlcted
fund•
funds
2023
2022
DOnadOr￿ a￿1 gifts
12,377
13,310
Invgstrn•nls
unrosts1¢t￿ End¢x¥m•nt
fvnds
funth
goneral
2023
T¢tsl lthrestricted Endowment
funds
funds
general
2022
Total
2023
2023
2022
2022
Rental income
Income frofn listed
Investments
Interest
32.[67
32.067
22,514
22,574
103,859
1￿3,659
311
112.326
112.326
71
311
71
32.378
103.859
136237
22,645
112,326
134,971
14-

GUILDFORD POYLE CHARITIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Other Incom•
Total Unreststhl EndovM￿nt
fvnds
99ngral
2022
Tcéal
funds
fvnds
gongrnl
2023
2023
2023
2022
2022
ReEeased frcth UnaWt8d
Totsl Rglum
151,0
(151,￿0)
148.C
1146,ThJOI
Ralslng funds
Unr9strfet￿ Endry•mwnt
fvnds
Tolal Unrestr￿t￿fj Endcpwmenl
fvnd$
funds
general
2022
Total
gtrnernl
2023
2023
2023
2022
2022
InvestTh*nt manogement
fees
Support costs
28,798
29,784
702
4,756
29,269
29,971
4.756
28,798
35.737
5,458
29,269
34,727
Expondltura on charflAblo actlvlllos
Unr•strlct•d Llnr•strleted
Fund
Funds
2023
2022
Dlrget eo*ts
Grant funding of a(ai¥￿eS (see rK)le 81
146,459
133,553
Sharg of support and gov•man￿ co8¢818eo nots 9)
Support
Govemanc*
35,525
6,073
33,940
10,835
188.057
178.328
Anatysls by lund
Unrestrlct6d funds
188,057
178.328
15-

GUILDFORD POYLE CHARITIES
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Grants payab
Grants to organlsafjiy)8:
2023
Boxgrove Primary S¢h¢xl
Bushy Hill Juthr S¢h(K)I
Burpham Pdmary SthoK
Chrfsts College
Guildford County Sctw)ol
Gulldford Grov8
Hdy Tdnlty Junlor SdK
Kings Cdl8ge
M8rrow C of E Infanl SthoL4
Northmead Junlor School
Onslow Infant S¢Trul
PevAey Down Infant S¢hc
Queen Eleanors Junior
Sandflg11l Pdm8ry School
St Josephs
St Petgrs
St Thomas of Canterl)ury Cathc4tc Prknary Schtx
Stoughton Infant Sthool
Weyfigld Primary
Wwd Street Infants
Worplesdon Primary Schc*)I
Holy Trinily SchooVGuiklFord ￿nty Schod, Tatking Teens Parenliro Course
SATRO, Vocatk)nal Conslru¢tion Programme in cdlaboration with Hal(M's Bulding Fulur9S
Projeci
Reskilled, Year 2 {gmbe(Iding)
Church H0rn81sss Trust ICHT>- Person￿ surwt and ies8tllem8nl grants for dlents at
Vaughan House. St Samour's and tho Number five Proied
Guildford Shakespeare Company IGSCI. In Our Siars
Guildford Baptist Church. The Ukraing Hub
GASP Motor Project- TrainirwJ in motor m￿11* fLY dis￿OnIa9￿￿ aThl di8&wged young
people
South Wesl Surrey Dom85l￿At￿se ServKe, Fatrish Chlldron's lknaL* Servke
St Peter's Shared Churth Gulldf¢yrJ- Conwnunity Menta Hearth first aKI trainiNJ in Stoke
Ward (Now BellNekds and Slyfield)
Headway- Friday Friends Dropin for brain injury suN¥ors
Soulh-W8St Surrey A$$¢xaal¥)n of ment￿ Health- ThB Cantert)ury Care Centre
Desllnation Pond Meadow- towards kttchen refurblshment and café
Guildford Town Centre Ch8plJincy- CommunltyAmgoks Prqect
Emerge Advocacy- Emerge Royal Surrey
SW Surrey R8fugÈ- Happy Christmas Pr(¥ect
George AL*¥)t School-YouryJ Carers Group
Challengers- challer￿r$ Guihjford Palyscheme antl Youth scheme
Th& Eikon Charity- Youth Supp)rt PTactslioner Projramme. Kings thleg8, Guildford
Oakleaf Enterprfs$- C(Ye Costs
Delight- Delight wlth Gvildford Grove Prknary S(*KwA arKI Weyfidd PrimaryA(*demy.
Hom8-Start- Core Costs
CHIPS 2024: SurwrtwvJ vuIr￿bIg North &JWi¥d thil¢hn aThJ famil
980
340
800
5.790
2.430
2.660
420
1,440
1,010
240
370
370
890
$40
990
310
720
2,110
100
100
868
3.000
5.000
5,000
5,000
3,500
4255
1,894
4.266
5,625
6,000
6.000
600
460
5,100
6,000
5,000
6,555
5,000
7.500
Tolal
123,624
16-

GUILDFORD POYLE CHARrriES
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THEYEAR ENDED 31 DECEMBER 2023
Grants payable
(Conlonuèd)
Grants to indirfdual$
22,835
146.459
Support ¢osts
Support Govtmanee
Costs
2023 Support Govemance
costs
2022
Staff costs
orrts adminSslr8tive
expenses
Office expen8e8
Repalrs and renewals
32,1V2
32,192
29,030
29,030
4.032
4.986
4.032
4.983
4.160
$23
4,983
4,160
523
1rn1ependenl Examlnath)n
A¢countancy
Legal and kwdessional
3.360
2.280
5.195
2.280
2.280
433
2.280
5,195
41.478
6.073
47,551
38.696
10.835
49,531
FundrAising
Charitablè a¢bwlio8
5.953
35,525
4.758
41,598 33.940
4,756
44,775
6,073
10.835
41878
6,073
47.551
38,696
10,835
49.531
C(Jvemance costs inclLkle8 pa￿l￿nts of £5.640 (2022: £6.6401 tr aox)unl8n¢y aNJ the IrKlepend8nt
8xamination lees
10 Trustees
None ol th8 Trustegs lor ￿Y ctnneded ￿ryth them) re￿1Ved any rernurorat1c￿ or b8nefits frTrm the
Charity during th8 year.
11 Employe
The average ￿nt￿Y numberofempioyees dI￿ng the yearwas:
2023
Numbar
2022
Number
17

GUILDFORD POYLE CHARITIES
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
11 Employe•8
IConUnu•dl
Employm•nt costs
2023
2022
Wag&8 and 881arles
Other costs
31,603
28.548
482
32,192
29.030
There We￿ no empkny￿ whosè 8nnuo1 remUrW8tiL￿ was than £60,(XJ).
12 Galns and los￿ on inve•lments
Endowment Endowm•nt
funds
funds
2023
2022
Gainslllo&8è$18d81ng on-.
Revaluatlon of Invothients
Sala of Invgstmgnts
191,453
112,4511
{203,390)
1146.586)
179,r
1349,978)
13 Taxatlon
The charlty Is exeryt from taxauon on tts thINos ￿U8￿ all rfs I￿6 L8 apklled for charitable purposes.
14 T•nglbl• flxod •Mets
Fr•ghohl C(Mnpuws
and •nd offi
•qlllpm•nt
Tolal
Cost
At 1 January 2023
42.059
1.570
43.629
At 31 December 2023
42.059
1,570
43.629
l)epreclatlon and Impalrnwnt
At l January 2023
1,570
1,570
At 31 December 2023
1.570
1,570
Carrylng amoufrt
At 31 08¢ernber 2023
42,059
42,05S
At 31 December 2022
42,059
42,059
18-

GUILDFORD POYLE CHARITIES
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER2023
15 Investmont proporty
2023
Fair vllue
Al 1 January 2023 and 31 tl*c8mlw 2023
557.941
Investsrent prokwty brcwght forward ujmwiges rc*ds wrth a Trust80 v8lu21ion of £25,000 IY)22.. £25,cThJ)
eath. In 2014 Ihe Truslegs reC(￿s*jO(0d Ihis Valuat￿ of Ihg fr8èhokl investments after con8ulling people wlth
appropriate and 0)nfW￿ the rn)llor￿ vath of£25,0(X) remins appropiiato.
Investsnenl property aL80 comprises of the w0port￿n of freehokl property which i8 (￿rrentlY beirvJ rented lo
Ihird parties. The lair value of Ihg investmgnl Ixoperty has been 8Thive(l al on the basis of Ihe vabJation ¢arried
out in NOveM￿r 2019 by Owen Shipp Chartered Surveyors. who are not connected with the Charity. The
valuation hwds made on an open market v4ue ba$is by referen(* lo matht evid8nce of tr8nsaction prices for
similar prowies and the tsustegs rwJ8rd Ihls as th8 8ppr0w￿te v￿uatiOn at the year end.
2023
2022
Fraehold
557.941
557,941
16 FIX￿ as8•t Invthnts
Llstod
Inveslm•nts
Cash In
portfollo
Total
Cost or valuatlon
At 1 Januory 2023
Additions
Valuation chan
DiSpos￿S
3,878,811
453.110
191,453
1541,1311
132.740
4,011,551
453,110
191.453
1547,3931
16.2621
AI 31 DgC8mber 2023
3.gV2243
126.478
4,108,721
Carrylng w)ount
Al 31 De¢ember 2023
3,982.243
126.478
4,108,721
At 310*C*m￿l 2022
3,878.811
132.740
4,011,551
17 Dobtor8
2023
2022
Amounts f•Mlng du• wlthln ong ygar.
Prepayments and a￿rUe￿ inc
1,440
19-

GUILDFORD POYLE CHARITIES
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
18 Credltor8: amounts lamlng du• thlthln y
2023
2022
DèferTod incom9
Other cr8dltors
Accruals a￿1 d$3fmd Income
19
6.295
15.000
9.615
15.000
6.040
21.040
30,910
19 Deferrnd Income
2023
2022
Other deferrod Inccffie
6.295
DeleTred In0J￿ Is Induded In the flnanLyal stal￿nts a5 fDbws:
2023
2022
Dgfgrred in(x)me Is Indud￿l V•llhkn.'
Currnnt liakxlities
6,295
Movements in the year
D*farr￿ Inixjmé 8t 1 January 2(Y23
Released from prevlous ￿rt(KIS
Resources defgrnd in th8 y8
6.295
ie,2951
2,914
{2,9141
6,295
Deferred Inc4yne al 31 Dwnber 2023
8,295
Deferfed income relatss to rent I￿alv8d ￿ advarKe.
20 Endowmgnt fund
Endohvment funds represent 889ets which musl ￿ hehj perrronenlly by the Charfty. IncJJne arising on the
endowment lunds can be used in accordance with ihe objects of the Charily and 1$ I￿[KI¢d 8s unwtrkled
in(x)me. Any ¢apilal gains or bssos wi*ng on tho 8S8ets frKm ol the fund.
At 1 Janu•ry
kncomlng Resoure¢$
2023 re8our¢ts expended
Galn$ and
losses
At31
December
2023
Pemianont 8ndowm9nt8
The P0￿e Charfty
4.564.487
(47.141)
128,798)
17g.002
4.667,550

GUILDFORD POYLE CHARITIES
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THEYEAR ENDED 31 DECEMBER 2023
20 Endowmolrt fund•
Icontlnuèdl
Prevlous Y￿r.
At l J•nu•ry
2022
In¢omlng R•sourco8
Galns and
At31
10ssos Dg¢ombor
2022
P￿rma￿￿t ondowments
P0Y￿ Charlty
4.979.405
135.6741
129.269)
1349,976)
4,564,486
21 UnrBotricted funds
The unfeslrf¢Xed funds oftho ¢havlty comwl8e the wwnd8d baknces ofth)nthns and grants whlch are
nol subject to Speaf￿ conditic￿S by donors and grantors as to h(M may be use¢J. These incI￿Je
designated funds which have sèt osKI8 txrt of unrpstricted fvnds by the trustees lor SFeafic purpos8S.
At l January
2023
Incomlng
r•sourcgs
Rosourcos
At31
oxp•ndad Dwmb•r
2023
ner81 fLmd$
1.809
195.755
1194.$96}
51,568
Prnvlou$ y••r:
At 1 January
Incomlng
2022 rnsour¢•$
Rasourcos
•xpondod
At31
Docgmbor
2022
General funds
50,640
183.955
1183,7861
50.809
22 Analy815 of not as80ts b8ts¥•en funds
Unr•8trlctod Endowmènt
funds
fund$
2023
2023
Total
2023
Fund balan¢•8 at 31 DeCem￿r 2023 are ropresented by:
Tangible assets
Invéstment proF*rfies
Investments
Current assetsl(lalJlM8s}
42.059
7.941
4.067.SKJ
42,059
SS7,941
4.108.721
10,397
41.171
10,397
51.568
4.667.550
4.719,118
21

GUILDFORD POYLE CHARITIES
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
22 Anaty8lB of nat a880ts botw•gn fvnd•
(Contlnuod
Total
fvnd$
2022
fund•
2022
2022
Fvnd balances a* 31 Dffombwr 2022 •r¥ roww•nl•d by:
Tangible asseis
Inv8stmènt prop8rt18S
Investments
Curr9nl assgWUiaknliti851
42,059
557,941
3.964,486
42,059
557.941
4,011,551
3.744
47,065
3,744
50.809 4,W,486
4.815,295
23 Rolatod party tran¥a¢tlon¥
Thero were 2 related p8ty trans8thns thè éndod 2￿23. (2022- 2)
Trustee of Gulldford ChwlUe4 Moyra Matrd¥eYs. works for GASP and thoy were awanled a grant In th
y6ar of £4,255.
Trustee of Guihglord Ptye Charilitrs. Mils. ￿kS for D8lW and tw w*re awardBd 8 gJant in
Ihe year of £6.555
Apartfrom the aklve. there wer8 no fvrthar rdal8d pty traMactiorts.

GUILDFORD POYLE CHARITIES
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
22 Total Retum
Endowm￿1
Unappli
Tot￿ Retum
Total
At 1 January 2023
Trust for Investment
unap￿led Total Raium
2.425.155
2,425.155
1,539.331
1,539,331
Tot81
2.425.155
1,539,331
3,964,486
Mov8m8nts In reFyyting perlod
Inveslmonl retum: Divid8nds and Interest
Investment rgtum: Realised arnj Unrealis&J gar
and Oosses)
Less.. Inveslmenl managers (
103.859
103,859
179.003
{28.7981
179.003
128.7981
Total
254.
254.064
UnaprA¢ed Total Retum alkn>led to kn¢x)m8 kn th8 Tepjrting perK
(151.0001
1151.0001
Net movement8 In ￿pOrting pml
103,C64
103,064
Al 31 December 2023
Trust fly Investment
Lh)applied ToLIl Rebjm
2.425,155
2.425.155
1.642,395
1.642,395
Totsl
2.425.155
1,642,395
4,067,550