2024-04-05-accounts

Charity I￿lstration iiiimber.. 1149224 The Peggy and Mollie Thoinas Charitable Trust lor Il)e Year Endtsd 5 Api'il 2024

Tlic Peggy Mollie Tlionias Charitable Ti'ust Coiitenty (coiitiiiiied) RefLrLllLe aiid AdiJiinisti'Jlivc Dcl&i1s TI'uiiLes' Rci)i)11 2to4 IndepEndenl Fxaiiiinerfs IILpori StJteiiielll of Financial AcliviliL5 6tTr7 Balaiice Sli¢et Notes to IhL financi81 Slaien)¢nls 910 15

The l'eggy #lid Mollie Tliomas Chaj'itable TYii8t Refereiiee ai)d Ailiiiiiiisti'ntivc Details Mr S Ball TK115t¢e5 Mr S 14llll Ms J Lidsl(In¢ Mr4 S 13LLr Chshyity RegistvAtloik Nuijibti. 11¢19224 Aiiilltor LHP Lly% Deri l)Ji'c l?enshi SA312NF Piige I

Tlie Peggy all(1 Mollic Tllfinifis Chai'ifable Ti'ust TJ'ustec%' Repoi't 21124. Objtctii'es lld >ictivilles Oljjeeis Éiiidiiliiij Ih(kse piirposes are i(1 ¢1Llii¢vu rL'lii¥ns on 518 inve51nibnlb ii,lii¢h illr then donaled lo oihLr LliuiiliL's uiid OlEanis4lion% Piibllc beiie]Ff Tru5t¢¢5 Aiiil orricers 'rhc Iriislet5 Lil'licei's seiwiils diirsnu Ihi ycaT and %iiict IIIL ycai, Liid ivLrL' IL s lolloth'.%'. Mr S Biill Mi. M J Bell IrLsi&biiLd I I'chi'uary 20241 Ms.1 Lidsloiiu Chaiiinaii.. Striicluyei goveriJnMI't iirtil mgnHgeiiiriit PtlLTL 2

The Peggy ii lld Mollie Tliomgs Chaviti4 ble Ti'ust TYustLlQg' Repoi't (contiiiued) Mnjor i¥sk.i' ¢14diiiiiiift¥eiiieiil oJ'llir&5e rl.lh TIIL li'11slee8 hJve a duly 10 idei)lity aijd IEview tlie i'i8ks Iv )vhicli Ihe cliarily is eKpnsed uiid i(> Lnsuir appl￿pri#l¢ conti'ols tLIE in pl42ce 10 providL [￿1¥0￿able a$8iirTrncc iiLJiiinsl fi-. The fyliai'ily's Iruslec% acliveljr Inoiiiloi. Ihe I'isk% involved in ILSPLLI of 118 inv¥bliiiLttIE. The I￿v￿lMe￿t wrtfolio 15 mun<iLied by pix)fe%8ion&l fidwi¥oi'y to rediice Ilie.%e ri%k%. COI/JD-19

Tlie Peggy ancl Mollie Thomas Cliaritable Trust Tt'llstec5' 1leiM>rt (coiitillued) UnilLd Kii)Lidoiii ALCDiinliiig Slandard8 Iuniieil Kiii£ilDin Ciei)ei'ally A¢¢ei)ieil Autsiiniino Pr4cticel ai)i)IiLable miike jEidgemeiil8 and esiimales that are re%Lqt)iiol)l¢ 1)d priid¢iii', 'llJc Jnnuul I'cpoi'l ￿,￿5 JPPTOI'Ld by Ihe li'LisILes ofihc cliarily Ms J Lids11)n Mi'.¥ S i8￿]. 'I'ITI%i¢¢

The Peggy And Mollie TIIotllll5 Chai'itablc Trust Independeiit Ei xamiiiei's Repoi't to the trii.4teey of The ljeggy Mollie Thumas Clliiritnble Ti'iisl I rcpoil lo Ilic IriEs'i¢Lq ali iii>' exaniiiialioi) af the accaiinl% ol'ThÈ Pe¥gy Jnd IADlli¢ Ilioillas Lharilable Ti'ii.%l for tl)e ycaT LndL(l i Api"il 2U24. Respoiisibilities rtiid brtsls nf report As, the ¢l)iii'ilJ' Ii'u51uLs ut'l'l)L Jiid Mullie'FIM)iiia8 Lhai'ilahle Ti'u%l y()U £il'L r￿sPoIl51b[e toi. Ihe prEI)araliun L)l- l i'Lpuil in rLspLLI of lliy exam&t)oton of the The PeEB)' ,Ind ￿l01]ie Thiim¢iY Chtii'ituble TrL15t's accoun1% cai'i'iLd oiil givLn by th¢ ClJaiity Coii)miY5iOT) iindei 5ecli(Trn 1451iMbl nl. Ilie Acl. lll(Iti)enilent exAininei"s stAttinent atcntsniing reiDrdE ivere iioi kepi in 1.￿<peCi1 nl"I'li¢ PcLL)r ajid Mollie TlioJna cl1￿1.%t￿ll)1t Trust ds requii'ed by 8eciion 1311 ofih# Act. or 2, Ihe accoui?Is do noi aw1)1￿ uriih Ihi)%e r¢tyords; 1)r 3. Ilie acboiin18 Ll() not ¢otni)ly iirilh Ihl <lCLuiiniinb? requirenienls ronceiniiig Ilie loi'ill ￿11￿ eoni¢nt ofclC¢OLints ser have no ¢on¢LI'ns havL cum¢ iiLT05S ni) 4)Ihcr In4ill¢ts conneclittn 14'iili IhL Lxiiiiiinalion ro wlii¢l) Iienlioii Llys Deli Payc Pe118EIII) Ctii'mthi'tl￿1Trshl￿L. SA312Nr Date.,

Tlle Peggy And Mollie Tl)oniAs Cli*Yitable Ti-ust Stateineiil of Fill#1ncinl Activili¥s fol. tlie Yelli. Ei llded 5 Apj'il 2024 Unrestricteil 2024 Not¢ Inconie Anil En(lowniciils fi'oill: 33,170 33.-771) 33,3711 [1 Apenditiii'e on.. 2,572 38,782 2,572 18.782 Toial LI￿n{SItu1'e Cjaiiisllosseq oil ini'Lslmciil asscls 41,354 31.9861 41.354 131.98hl Nel incoiiie 24.(K>2 24.0112 Ncl i)Joveineni in Iiindb 24,002 24,002 ReconLRli£?tion of fiiiidy 713.04¥ Fol￿1 fiinds cairi¢d fuiii'urd 737,050 Ullresti'lcted fTin(1s 737,050 2023 Note D47nali(11)s ynd legacie Inve.%lmenL illbL)InL 701 35,731 70L 35.731 'rotal inc(Trine 36.4.32 3(?.432 2.656 37,822 2.656 37,822 'lutdl E.xpetidiliii 40,478 160.6721 40.478 1611.()721 1fv1.7181 164.7181 164,7181 164,71111 777.7(?6 777.760 713,048

Tlie PegEY AiiII IVIolllo Tlionias Ch81'il8ble Tj'iist Statemciit of fiiiianclAI ALtivities foi. tlie YCAI, Ei iiilcd 5 Api'il 2024 (coiitiuuedl -lThe fuii(18 biyjkdfrwii lor 2023 18 &lJowrJi ji) nolB 10, PaLJL 7

I'he Pvggy aIid Mollie Tlioniail Chai'itable Tx'ust (RegistE'lltlon lliiniher: 1149224) Balaiice Sheet At 5 Api'il 1024 X024 2013 Note ri5kod hssot5 lnilestLne￿1Y 722,447 693,043 CiiJi'¢nt Asset% Cash at bank &iid ih liand 15,863 21,275 11,260 Crediloi'5,' A]nolliJts hiIlÈiig du¢ iYltl)Iii Dh¢ ytR¥ Not cui'r¢nt Rs&ets 1,2601 14,603 20,UIS Net ￿$￿DÉ& 737,050 713,046 iiids 0£, tlie eIiNI-ity: Ui)I'EStI'icted iiicome fiillds Urn'Èsli'icLed liinds 737,050 713,D48 Yl 3,048. Totol fii)Ids 731050 TIR fiMI)ci&l staleineiits 011 pa&es 6 10 1.5 weye appraved by th¢ truste.es, #lid JiilliD¥lsed foi, i55Uts 011 sigiied oil IliesK bcli4lf by.. B￿1 Chalrman ?Dd tl'llglee s l Lidstuii¢ Ti'LWtee S Be81. Tli# IiotO8 011 pagss 9 10 15 foi'ii) ali l)Jtegibl PSTt of ihc3¢ fiiianGial stut¢iiiei)ts. l)age 8

Tlie Peggy aiid Mollie ThoniA5 Ch•irilThble Truyt Notes to tlie Fii)*n¢ial Stateiiients for tl)e YeAI' Ei Jicled 5 Api'il 2024 l ActoiintiJ)g iTrolicles Stfitemciit of f oJiipli6iiire atKS Repiiblifj vl. li'Lland IfR8 1021 nd Ihe Cligl1'ilie8 Acl 21111. B￿sIS of prepni'ktioii Tl)e IJcL)2y tind Mollit Thoma4 Charitlc ble -l-rus1 nitel¥ Ility deliniijoD ol. a i)iihli¢ benefil eniilir linder I",RS 102. '1'hc Exeillptioii fiom pi'¢D¥i'lllg noiv ststtement Tlie chai'ilj, opted to eThrlJ' adopt BiillLlilI I publi%hed on 2 Febru•i3, 2a16 and knvL th¥J'etorL' iiol intiliidcd a cRsh floiv %laletneht in thLSty fitsan¢ial slalctnenis. Coing concej'n The trÉi&tees c0J￿iller Ihal their aT¢ niat¢YiJl unbui'liiii)li¢8 al)oiil Ihe clJai'ily'% ability to cDTrtiniie a goin COT)Lcrii. Incotiit >iiJil ¢ndowwi¢nt Voliinlary ii)cniMc inLludinLY donatiung.. ¥J jft%. legii¢i¢g attd nl& that provide LOIL liindiJiLb i)I' ￿rL, ufa geiJeral nlc lur Don&lions and l¢gacie% are rEcogni5cd oli t) EL'¢Livalile l)osis Ivheii I'eceipt is probable And tho amoiinl bL TLlikibly n)easiirLd. I Xpemilitiire AII C%PLndiliiiE Ès rEcogTiiibcd OliLC iliere is 1¢ le&¢il oi. cDnsti'iiclive obliuulioii 10 Ihlll txpei)diluir, il 1% piohable si% Dr lin)L SPLfiI, #lid (lupi'e¢ii( lii)n Lhiii-L)Ls rill0L￿ILd nj) Ilie poi'lioii of the a%%cl'8 Usc. Oiliei. %iipp(irt costs a allociiled ba%cil (In Ili¥ %preEid ol. glalTcD%l8.

Tbe Peggy RIid Mollie TIIoniAS Cliai'itllble Ti'ust Notes to tlie fiinaiicilll StAtoineiits for tlie YCAI. Ei ncled 5 April 2024 (coiitiiiued) CliiiriliiblÉ rttiliyltiey Siippoi't eosls SuppDrl i051% intludL eenlr¢il lunGtionE clnd IiiL ve b¢Lii nll()C<iled IcTr ￿￿tIV11Y Lost categoriLS on a ba81S Lonisienl ¥iriih nd Dilier Losi% hy ili¥ir U%<ig¢. G(bvei'n%bnce tts5ts I'&x&tiori of Il CorpDi7lion .1 kix Aci 2010 01. SeLli￿li 25() Dl. tlic-fiixÈilioii of Cliai'gLablL Cjiins ALI 11)t}2, 10 Ilic eNleiii Ilial Fixe(I nssct iiivt4tJneknls Cas11 CR511 oqiiivalents

The Peggy and Mollie Tliomas chai.1t￿ble Triist Notes to the FiiiAJieili I Statemellts foi. tlie Year Ended 5 April 2024 (cojitiiiued) JlorroiYing$ liiicrest-beaiing bi?I'i'Lii¥ingbs ai'L Illltially &'Ecoi'dcd al lair valutt, Iiel of ITai)%aclion ca%ls. Inlere%l-bearing bon'oM'ing% tlie Keltv&iil borrowing. Iiileregl expenge Is tecriEAiSed on Ihe ba%1% of. the effe¢iive iiiiere%i 1neih•a &iid i¥ inLliided in inlei'est piiyablL aiiLI liabilily foi. (21 le￿1$¢ twelve nionllis liner Ihe i'epDI'ltng dÉile. iiinil striithir¢ UniLylriLtLd iiiLomL ftindy ¥iL' g¥LJlTrI'til liinds thal &lL ov&ll￿ble for iise nt the Irii8iee% diEciriiDtI in fuittliei'unw ofihl iinAiici&I iD5h'iiments I,'inJn¢ial ¢lS5els Jnd linJn¢idl li(Ibililics brL IrLouyni¥LIl WI￿1} the charity becaine8 a i)arly lo Ihe conlr&clLIRI eiiiered inio. Aft eqiiily in8iriinieni is aiiy ¢oniraci Ihcll ev%dences il residLl&il iiilLI'LBI in Ilie n8SCt% of the charity iL ftei. a legally entOlLLHble lo %et oft. the ￿L￿gi)iSed aiiii)Iint% Lll)d Ihe cliLI1'ily int&nd% eiihei. to geiil¢ OD il n¢1 liasi5, Q)I' lo re￿lIst the nsstt and seltle the l&ability.%lmLIIIiiiKDu81y. bNpire8.

The Peggy Aiid Mollio Tliom4IS Cliai'itable Ti'ust NDte% to the Financial Stateiiiellts fol. the Yeaj. Ei ii(led 5 Api'il 2024 (contiiiued) Inveslincnts ij) nnn-Luiiverlible pielirLI)CL .¥lia¥os 111)d non-PLittahle oiYliiJrlly Dr prEfei'eiiLL sharey I￿,lIe1￿ shurLS dre InvLytinenl% in suhsididrie% LIDd I￿You1￿1es ai'L ni¢J&urvd al co%1 IL%S imi)aii-mei)i. fvi. iiiveslmei)18 in %ubb'idi4rits Derli￿lIVe fiiiNIiLifillit.tlriiiiieiils Fftlr 11(IliiE ￿le￿S￿lfeIIItlI# Tl)e besi Gv¥dcnce nr rair Vrili* 18 a iiiioliLI pi'ice r(Jr £11 id¢nli¥al a%sel in iiLltiie mark¢i. Whin iiiiolLd pi'Éce8 arc 2 IDeomE fj'om (lonations nllil legkeies Uni'estricteil Totnl CTeii¢ral T(ktal fDI' 2024 Total foi. 2023 7Ql 3 liivestjnent inconie TutAI .33.3711 Totftl tot. 2024 33.3711 33.370 TotAI fot. 2023 35.731 35.731

Tlie Peggy ￿1](1 Trlollic Tlionias Cliai'itable Triist Notes to the FinAihciRI Statemeiits foi. tho Yeai. Elided 5 Apl'il 2024 {eoiitiMue(l) 4 ExiJci)Ilitiire ¢hiritAblt ftelivktles Uiii'¢5ti'icted To1￿1 Notc 37,400 122 1,260 37.400 122 .260 AlloLalLd s11pporl cosls (iovernance costs Totni for 20241 38,782 I'otAI foi. 2023 37.H22 37.822 S Analysls of govei'iimiice Aiid SUPPDI't eosts Covei'iinELce cos15 Utiie5triettrt fuMI15 Tntlll Iiidependemt cxiunincr tic 1.260 1,260 Tot￿1 foi. 2024 1.260 1,26a Total foi. 2023 ,260 1.260 6 1iidtpcnd¢Ji ¢xrtilii¢r's r¢mNiiLriitioiA 2024 2023 iiiinaiiDn nfilie financial 8i&lemei)L8 1.26U

Tlle Peggy and Mollie Tl)on)Ms Charitable Ti'iist Notes to tlie Finaiicial Stxtemellts ftsi, the Year Ei)ded 5 Api'il 2024 (¢01)tilluecl) 7 Tax&tloti 8 Flxt(I ksstf inv¢5tMehls 21124 2023 Oiher iiivcstnieiilE 722,447 693.D33 Othti. iijvestments T(bt￿l Al l) Aiiril 2023 693.033 31.986 693.033 311)%6 Al 5 April 2024 725.1119 725.01é) Net bool( VAliit Ai S April 21124 725,019 At 5 Apvil 2023 6()3.033 693.033 9 CrÈ¢litOl'8'. amoiint$ f8llAiig diie wltliin oiit ytnr 2024 2023 1,26

The Peggy #Jill Mollic Chai'itable Trust Note% to the Finaii¢ial Stateineiits foi. the YeAr li iided 5 April 2024 (eolltinued) 10 Fiinds Otliej. ree(k¥iiise(I B&liiice at S g￿1115]11￿5se¥I Ai)I'il 2024 B4?lauce at 6 Api'il 2023 ResDur£es txpen(led ITsDiJI'¢r5 Unre5trictoil flliiils CJ¢￿eral 713.048 -13.)70 {41,3541 31,986 Otlitr 'ecogiiKs£d Blniiet At S gRiMslllos$¢s) April 2023 Biilnnce HI 6 Api'il 2022 Rtsoiii'tes expeK(le rEsoLEices UnrEstri¢teil fiill¢ts General 777,76() 36.432 140,4781 16U,6721 711.048 I l An•lysls of net xssets betwee]1 fiiMd5 Uiircstii¢t¢ TotAI fiiiids nt 2024 rixed 4%set inveslmLiil% Current asscls 72j,OIL) 15,8()3 11,26UI 725.019 15.¥63 ,26VI Total nel IG yscI% 73(),622 73l).622 Unisti'itteLI Total 141llLls al S April 2023 61Ji,689 21.275 11,26UI 695,689 21,275 Current Toial nel ￿9￿18 715.704 715,704 12 Rel*oil pni'ty traiJ5Ctlons

The Peggy and Mollio ThoniRS Cliaritable Ti'ust Stntemellt of FiIiciJicial ALtivitieb by fuiid fol- the Yexj. Ended 5 Api'il 2024 202¢1 202J Inconie oii(l EJJdoiYmeiits fi'oJ]i'. 7111 35,731 33,370 Toial inGonie 33,370 36,432 2.)72 18.7¥2 2,656 37.822 41.354 40,478 160,6721 Gain￿l05￿L8 Dn inveglnicnl a%SLI% Nei inLoiiIL/lexpeiidituitl 24.1102 164,7181 Rtcomtiliation of fuilcls 713,04 777,766 Tulal tiincl% Ltii'ried Foiivllrd 737,D511 711.048

Tlie Peggy Mollie ThomA¥ ChAI'itRblc Ti'ust Det%iled StAteinent of Fiiiallci81 Activities for the Ycaj. lldcd S Api'il 2024 Total 2024 Total 2023 Incol￿e Ei nllownients fj'om.. DonaliDn8 Lind legL1cies Imveslinciil incoiae 701 35,731 J3,370 33,370 36,432 JLAiTrenditui'e DJI,. 2,572 38,7112 2.656 37,822 TO1￿￿1 ¥xpendiiurL' GiiinOlusyLS on ii)vLstment èiyset 41,354 31 ()86 40,4711 160,6721 Net lllLoJnellexpendilurel Net illovement in fLlI)d8 24,002 64,71BI 24.002 164.7181 R¢con¢ilialion of fiiJi(Is Tolfil ItJnd.4 biDLILlii fonvui 713.0411 777,766 uliil liinds Li'J'iEd foriyard 737.050 713,048 This pagL di)e.F rol f(>rni parl i)I'ili¥.lalulor), finanL1￿1 slaltmtiil%. P4LTe 17

The Peggy an<1 ￿l011]e Cliaritable T)'ii.st DetAiled Stateinent ol. FittaiiciAI Activities foi. the ye￿1. li ndeil 5 Api'il 2024 (coiitiiiued) Total 2024 Tol•l 2023 DuiittlltsiiJ ¢iiiil lÉgflC'iey l.egaLie5 uiid beqLie81% 701 701 33.370 35,731 33,370 35.731 Rffi.5iiigfiiiifl.¥ 2.5721 12.C?561 12,5721 12.65()1 Cli(ii'ilnlJle Ncfiiilll 37,4011 50 72 1,260 36.4011 95 67 1,260 ik charg¥b 8liare L)f¥JLTrV¢I'nancE cos1% 37,822 161),672)