Charity wgisti?tion nurnbcr.. 1149224 The Peggy and Mollie Thomas Charitable Trust Annual Repoi't aiid Financial Statenients foi. the Year Ended 5 April 2025 The Peggy Mollie Thomxs Charitable Trust Ci)ntents R¢ferencc and Administralivc Dclails IndetKndent Examineis Twsiees, Repoi1 2104 Ind¢p¢ndent ExamiA¢r's R¢p011 Statemetti ofFinanci2I Aciiviites Balance.Sheel Notcs lo the finanLial S12tcmenls 8t0 14 The Peggy and Mollie Thomas Charitable Trust Rcfcrence and Administrxtive DetaAIs Ch#irniA Mr S Ball Trustees Mr S Ball M8 J Lidsione Mrs S Beer ClIAi4ty Registration Nunjbei. 1149224 Ind¢p¢nd¢iit Ex#min¢r LFIP Llys Deri Parc Pen.%am carni81.then CaTmsithtnshiir SA31 2NF Pagc I The Peggy and Mollie Tllomas Chai'itable Trust Trustees, Repoi't The trustees present the annual repDlt together ivith tho fiNft¢ial Statements of the chai'ity for the year ended 5 April 2025. Objectiyes #ctivities Objeeih lle objectives of the charity as set out in th¢ goveming dacumellt snd the rnain a¢iivities underiaken in i'elation to those purtA)%es ait to achieve returns on ils invesinients ii,hiGh are then donated to oihei. chai'ities and oi'ganisations as the li￿SteeS see fit. Pi£bllc ￿11￿[11 'rhe focus of the Trusiees ivhilst making the annual donations is on the local conimunityj but it does consider cairfully each I'equest foi. fund5 1"cgardless of location, beneficiaTies and ¢ir¢umstances The Iiusiees eortfimi Ihai tliey have complied witli the Irquiremrnts of seciion 17 Df the Chai'itie5 ALI 2011 ￿ haire due i'egard to the public b¢￿tfit guiduncE published by the Charity Cornmission foi. Engliind and Wales. Tru5tc¢s and offiters The truslEe5 and ofliceis sci'ving dui'ing the year &nd sinGe th¢ year end ivei'e as follow8: Tru$ie¢s'. Mi. S Ball Ms J Lidsione Mi3 S Beer Chaimian.. Mr S Ball StYuettire7 %oYeriiAEhee rnanagemcnt Nttiiire ofgovÉriilisg Th¢ vhaiiiy is conli'olled by ils goveining do¢urnenlS, a deed of tiiist. I'he Ti'usltes generall), mcel onLc a y¥ar 10 review the Investment I'epor15 and then decide upon ivhich chui'ilable donalions aTe lo ￿ made. I'he chai'ily is an tinincorpoialed charity. Recriiillllglll QFi¢I tsppoliiiiiitiil 6lirEt&lee5 New Irusieu"s air appointed by ekiling ti'uslties to PlDvide the gDvei-niiibi bod), Iviih the skills neccssaiy lo 0￿1￿￿ thi chaiiiy and achieve it5 objcLtive5. 'fh¢ li'usiees vefei. to the guidanLe note5 provided by th¢ ChaTlty Commission in oi'dei. io ensuiE Ihat the), hav¢ th¢ ne¥essary skills and knoi%,ledgc to perfoim iheii. duties. Pagc 2 The Peggy and Mollie Thomas Charitable Trust Trustees, Repoj't (continued) I'hc tiustte5 have a duty to identify and iEVlCW the risk8 to which the chai'iiy is exposed dnd to ensur¢ appTopriate ¢ontiD15 ¢11.¢ in plaGe tu provi(Ic TCU50nablc a5surnnic against fraud and error. a'he charity'5 trustee% aclively monitOT the risks Involved in respect of ils iNvLstmcnls. I'he inveslmeni poi'itolio is maiidxcd by prtsfessitsnal advisors to reduce Ihese Tisks. P&g¢ 3 Th¢ Peggy aiid Mollie fiiomas ChaTltgkble Trust Trllqtees, Repoi't (continued) StAt¢iJieJit of Tru5teos' Retspoi￿1￿Ill1les The Irustecs are rcsponsililc foi. prepai'iiig 1Sie Ii'ustees. I￿por[ and Ihe fJwiGial %laieniefils in ac¢oi'daiiLc wilh the lJnit¢d K￿rtSdom Accounling Slandar(L8 (United KingdoThi Genet2lly A¢eepied Accouniirtg Practice) snd applicable lai¥ aryd rc8ulations. Thc appltC2blc lo diarilies J'L'oulres Ilic Èi'usiccs to pi'epare fi¢iai)cial statcinci)Is foi. each finaiicial yL41' wlilch BIVL k Irue and faTI' view of the sratL' of affaii'8 Ot. the ¢hai'ity and of Ilie inconiing 1¢50urcts and dppliralion of resource8 ol. Ihe cliai'ily for Ihal perioil. In pi'eparing these financial siateimenis, Ilie Iru$iees aiK irquiird io.. select suttable accounltng polTcie% and ihen apply thein ¢oDsislenily'. obsevv¢ th¢ Inethods diid p)'inclples in the Cliarliic5 SORP., m¥keludgemenis dnd ¢slimale8 tljat arc KeasoiIBble &nd PTudcnt', state l1rh￿ber ￿pplICable slandails h&ve be￿1 fulloived 3ubject lo any inakrial deparlures dis¢loscd and cxplainEd in Ilie liTranLiJI Slalemenls., and prcpfjre Ilie finaiicial slalemenls on Ihe going eoncerii basis uiilttss it is in&pproi>i'iate to pi'esume dial the chaiity will continue IJJ 6u8lDtSS. I'ht Irusiees aay rcsponslble foi. keeping pi'oper accounting iecurds thdl divlos¢ ivith reasonable accLlI'8Cy ol linie Ilic financial posilion of tlis cliaiiry and enable Iliem to en5urc Ihat rhe fiDllnci&l 31aieThienls coinply ivith Chaiilics Act 2011, Ihe ChkTrritteg IAccovnL¥ and Ilcpoi'lsl Rcgtslaltons 2008, and UIL P).UVISIOII8 Dfihe Gotislitulion. Ilic li￿slee& are also respon%iblc foi. safeguai'ding the gssel% ot Ilie cliarily and licncE loi. taking iEa4o*iable.%ieps for tlie prevention &nd detection of fiaud and olher iiiiBularili¢s. -Ihe Ii'usiecs &re r¢spDnsible for the lnaiii1Er)an￿ and inlegrily of the corpDrale finantldl iAf&rMAliOll included on Ilic chai'ltable company's )vcbsil¢. Legislaiion govei'niThg Ihe pi'epai'alioii artd di3s¢inih&iiott of fiiiaii¢ial stalein¢Nts may difiei. frotji legislaÉton in oilier jDrisdictions. AppYi)ved by the tnisleesof the chal'l￿, on 7 July 2025 and %igned on ils bdiaifby.. rSEI ChairThaii and liiisiee IVIS J Lidstoiie TIN&le£ M17 S Elrei, Pa2e 4 The Pe￿￿ aiid Mollle Thomas ChaYitabl¢ Trust Jkndependellt Ei xaininer's Reptsi't to tbe trustees of The Peggy and Mollie Tliomas Cliarltable Ti'ust I repui'L lo tlie trusie material unceriainiies about the charity's ability lo continue as a goTriig concei'n. lthtume #nd endowments CxiTrendi¢urE All cxpenditiire is i'ecogn18ed onee thei'e is a legal or LonslruLtive obligatioii lo tliat eKpendituir, it is piDbabl seltl¢ment is requti'ed and the amount Lxn b6 rnEa5uied reliably. All c051s air alloLalcd lo Ihc appliiable expeiidilui'c heading thut o¥gre&yaie siittilar costs 10 Ih&l catcgoiy. WhLrc costs cannoi be diircil}' atti'ibuted io pai'l¥¢ular hcading5 t￿Y have been allocated on a basi5 C0115isient ivith the use of I'esoLirce% with een1121 siaft Losis allocaitd on the basis of time Spent, and dcprLbiation chai'ges allocaied on the POLtiott of thL asset'b ust. Oihei. 5UPPOIt C051s are allocated based on the spi'ead ofstsff costs. Roisiiigfiiiid5 'rhege al'e costs incurred in attracting volunluiy inLLJme, the management of invesimcnts dnd those incuiird in Cltftrilmljle ucÈiipEries Chai'ilal)IL CXpendi￿)1'tt tothprises tlio.%e costs inLiII'ILII b), Ihc charity in Ihe deliveiy nl. it5 aGlivitie5 and sci'viccs for ils b¢nefieiaries. It includes bolli Lx>sls Ihal can be allocated diirLily Iti such aLtIviliL￿ dlid ihost cosis of an iiidirecl nalurc i)CCCSsaiy to 5uppvrl Iheni. Page 8 Tlie Peggy And Mollie Thomas Charitable Trvst Nofes to the FinRncial Statements foi. the Yeai. Ended S April 2025 (continued) Support Costs Suppoi't Cosls inLlude central funLtions and have been allocated to artivity cost calegoriLs on a basis Lunsislent M'iih the u8e of i'esouires, foi. exbniple, allocating pi'operty eDSlS by nooi. airas, oi. ptr capi￿, 4aff costs. b}, thc lirne spenl nd other ¢osis by theii- usage. Covei'nantt eosts I'hese illLlude Ihc c4)sts atti'ibutable io the chai'ity's CDmpSian¢¢ with constitutional and siatuiory requiirments, in¢luding audit. slralegic m&n&gemenl and I￿￿tteS meetings and rejrnbU￿ed eKp6nscs, TgxAtion The chai'ity is con51dcrcd to pa%s the Icsts sei out in P&ragi'aph I Schedule 6 of the Finance Act 2010 and thcrcfort il mcets ihe definition of a charitable company foi. UK coi'POTalion lax purwses. Accoi'dingly. Ihe eharity is potentially exempt from taxalion in iespcct ol inLcinie oi. capiial gains iEeeived within cat¢gorits ¢oiiered by Chapter 3 Pai'l S 1 of the Coi'poiaiion Tax Act 2010 or SeGtion 256 of the T&xation of Ch&'geablt Gains Act 1992, to Ihe extent that suth income oi. Eain5 are applied exclusively to charitable purposes. Fixed Asset IlLve5tments Fixed asset ini'eslrnenls, other than progiDmme related inve51rnents, are included al mai'kel valuc ai the balanee sheet dale. Rcali5ed gairts and losse5 on inv¢51tneDlS are calculated as the diffei'ence betiveen 5alcs proceeds and their tnarkct value at thc stait of the year, or Iheii. Ribscqueni ¢08t, aiid aiE Lhargd or ci-cdiicd to the Statcmcnt ol- inancitLI Aclivilics in ihe period ot'di5posal. Unreali5ed gain5 and losses reprcscnl the movement in market valucs during Ihe year and air credited or ¢hai'ged to the Siatemeni ofFinancial Activlties based on the rnai'ket value )t ihe ye￿. end. C*sh cllsli equival¢nt5 Cash and Criyh equivalent5 Lompri%e cash on hand and call d¢posils, and oihcr shoit-ierin highly liquid inve51mcllts Ihat are fLadily conV￿lible to a knoi¥n aiiiounl of cash dnd ait siibject lo un insigntficant risk of change in valuL. Fund structure Uiire5tl'lGt¢d income fui)d5 art geneTal funds thal air available foi. Ii%e ai tbe t1.￿ste¢S di￿retIOn in fuiiheiymce of the objeciivtts of the cliarity. FlnBiici%l iiistrumeiits l."in&ncial a%sct5 and financial liabililies arc r¢cognised when the charily betytsmes a pai'ly to the ¢oniraciual prov15ion5 of Ihe in.8irumerkl. rinancial liabilities aiid equiiy insl¥umeiils al'e classilied accoi'ding to ilie 511b£lanLC of tlie cantraclual aTi•nEemenis enlei'cd into. Ai) equity insli'uineiit IS dlly Lonti'aci that cvidince8 a residual iiilure5t in Ihc as5cls of Ihe chai'ity aftLr deduotin&J all ofils liabilities. Page 9 The Peggy and Mollie Thomas Chai'itable Trust Notes to tlie Fiiiancial Stxtemeiits for tlle Year Ended 5 April 2025 (coiitinued) Recogiiiliopi (Iirfl iite&siireiiJéprl All financial assets and liabiliiies air inilially rnea5ui*d al tiansaction pricL liniluding irnnsactloll COs151. &xcept for those finaiicial assets classificd as ai fail. valiie thiDugh piofil or 105s, iYhiLh are initially rneasured at fdi¥ valLle (which is normally Ihc transaction pi'ice cxcludirtg Ii'ansaciion costsl, Unle￿ the ariangemeni constituics a financing transa¢iiort. If an aii¥nEemeiil constitutes a financing t1.ansaclio￿ the fTnancia5 dgstt oi. financial liabilily is measured at ih¢ present valiie ofthe futu￿ payment% discouJtcd at a markei rate of inleirst foi. a similai. d¥bt instruinent. Finiin¢i&l asset% and liabilities ait only urtstl in Ilie statement ot fin8ncial position when, and onl)r when there cxists a leEally enforcc&bl¢ Tight 10 set oft'tht ]fCO￿ls¢d amounts and the chariiy intends eithei. io settle on a net basi5. OL. lo IEalis¢ the a5S¢t and settle ihe liabiliiy simulianeously. Financial assets are dertcognised when and only WI￿ al thc contractual rights to the cash floiv5 from the financial asset &%pire or are setiled, b} tlic rhariiy transfers to #Roiher party substanl&all)' all of the i'isks and IEwards of oi¥nei'ship ol. the finottcial assei, oi. cl th¢ charity,, despite l)aving Lerained somq but not dll, signiftcant risks and IEiYard5 uf own¢rship, has tran5f¢TiEd control afthe asset io another party. Financial liabililies are dercLogThised only when the obligation specified in Ihe conrract is dj￿11aTg¢d, con¢blled oi. expires. Investments in llon-Lonvei'lible prcference share5 and non.puitable oiylinai'y or. pirferertce shares {where Shares are piiblicly liadcd or thei¥ fail. value 15 i'eliably lliLdSuixble) tll'e meusur¢d &t fair value thi'ougli profit 01.105s. Where fair value cannut bt meaSu￿d reliably. invesimertts are measuird at cost less impairment. I￿Ve￿I￿t￿Ls in subxidiayies and a550biaies are measiiird al cO￿l less itnpdirTnttil. For invcstrnents in subsidiui'iLs a¢qiiiI'ed toi. LOll5thdei'ation includinu) Ihe issue of shares qualifyiilg for mei'gei. Irlief. c05t is measured by IEferenL¢ io thc nominal value of ihe shal'es issued plus fair value of other Lonsidei•iion. Any pirmiuill 15 ignored. Dcri)iulivefiiroiicirtl liisiriiiiteiils 'n]e chai'ily USE5 dLrivaLive finaiicial insii-limenis lo irduct ¢XPOsurc to loi'¢ign exchangc risk and intere81 rate movemejits. l-lie chai'ity doLs noi hold oi. issue derivative fIn￿LIa1 instNIMents for spi¢ulalive purposL's. DeriK'ative8 arc initially recognised at laii. valuc at th¢ dale a dei'ivalivL Lon(I'act is eiilei'¢d inlo and al'e subscqutnily iernta%ured to Ilicii. fail- value at each I'eporting dale. 1.he IEsiilting gain oi. loss is ietognised in slalement of finttnGial activitle5 Iniinvdiately unless illl derivative is designaled and cffcclive as a liedging illslriitnent, in ¥vhich ¢vent ihe timin¥ tsl. Ihe recognition in siaiemeni ot. tinancial activilie5 d¢pbnds on the natui'c ot Ihe hedge relationship. F¢ilr viilEie iiieasiirenieiil 'rhe be%1 eiiidcnc¢ (Il- lair value is a quoied pri¢E for Jn identical asset itTr ali atlive rnarkcl. When quoted pi'ic¢5 ar uiiaTrailablc, the price of a rLient lrnnsaclion foi. ali ideiiiical assL'I provides evidence of fail. value 35 long as Ihe¥e has not bceii a 5ignifiLant ¥haiige iii econuinic cii'cuiHstanrcs 01- a SiEnificaiit IIipsL of lime sinLL IhL Ii'an5aclion took plac¢. If th¥ mai'kel is not active and recei)t transaclians of idtynlib¢i1 assei on ilieir al'e no( L Bood esliinatt of fail. valut, the fair valii¢ is eslimaied by usillg a valuativii ILcliiiiqiie. Page 10 The Peggy and Mollie Thom#s Chai'itable Trust Iyotes to tlie FinallciAI Statements for tlie Year Elided 5 Api'il 2025 (continued) 2 1iivestEll&llt income Uni'estriettd funds Ge￿¢1'MI Tot%1 fullds Oihei. investment income 35,202 35,202 Totfil for 2025 35,202 35,202 TDtRI for 2024 33,370 33,370 Page 11 The Peggy and Mollie Thomas Charitable Trust Notes to the Financial Statements for tlie Year li nded 5 April 2025 (continued) 3 Expenditurc oil cli#i'itabIe aetKVjties Unrtstrltted funijs Cjeneral Tot#1 fund5 24,400 66 1.260 24,400 66 1,260 Allocated 5uppoI'I costs Goveimance cosis TotAI for 2025 25.726 25,726 Total for 2024 38.782 38,782 4 Analysi5 of govÈrnAlltt sUPPOrt Costs Govtrnancc costs Uiii'estricttd funds Genei'al TotAI funds rndepcndLlIt examinci. f¢es ENaniination nf Ihe fiiiancial siatem6n18 1,200 1,260 I'otJl for 2025 1,260 1,260 Tot￿￿] (01. 2024 1.260 1,260 5 Indeptndtnt exxminer'5 1'eNJuthtratioii 2025 2024 F,Aainination ofthe fiiiancial S￿le￿IentS 1,260 1,260 Page 12 The Peggy and Mollxe Thomas Charitable Ti'ust Notes to the Financial Statemcnts for tlie Year Jyded 5 April 2025 (coiltinued) 6 Fixed a55tt inve5tnients 2025 2024 Oihci. investments 709,420 722,447 Otliei. iThve5tmcnts Li5te(t investments Tot81 Cost oi. VAlualioll Ai 6 Api'il 2024 Revaluation 722,447 110,2501 722.447 10.2501 At 5 April 2025 712,197 712,197 Ntt book vHlut At 5 April 2025 712.197 712,197 At 5 April 2024 722,447 722,447 7 Creditors.. amounis fallittg dlle witliln one yeAr 2025 2024 Acciwals 1,260 1,260 Page 13 The Peggy and Mollie Thomas Charitable Ti'ust Notes to tlie Fin&ncial Statements for the Year Ei nded S April 2025 (continued) 8 Fun(Is Other r¢coeni5¢d BalAnee at 5 gain$lllosses) Api'il 2025 Resources expendc(I April 2024 resourees Unrestrleted fund5 Genei'al 737050 128,5Q3) 10,250 73J,499 Other recDgnised BalaDee llt 5 gainsllloss¢51 April 2024 B*lknnee At 6 Apiil 2023 liicoming I'eso￿re￿S Resoui-c¢s exJJende Ullrestricted funds Generdl 713.048 33,370 141.3541 31,986 737,050 9 Aiialysis of thet assets betiveen funds Uijresti'lcted funils Ceriej'al Total fu￿d5 Mt 5 April 2025 Fixed investtn¢nlS Current asscl 712,197 712,197 25,339 11,2601 11,260) Total ncl ass¢ts 736,276 736,276 Uni'estrieted fuDd$ CTeneJ'al TotAI funds xt 5 ApMI 2024 Fixe(l invesunenis Currttnt asset5 725,019 15,863 11,260) 725,019 15,863 11.2601 Total net assets. 739,622 73().622 Page 14 The Peggy and Mollie Thomas Chaj'itable Ti'ust Statement of Fiiiancial Activities by fuThd for the Year Ei nded S April 2025 Total Tot421 Vni'estricted Unre$trietÈd Funds rtd$ 2025 2024 Iajcome And EndowmeTrt5 from: Invcstmenl incom¢ 35.202 33,370 Total in¢om¢ 35,202 33.370 Expenditure on: Raisiiig funds Charitable aciiviiies 2,777 25,726 2.572 38.782 Toial expenditurt Gains11055C5 on inv¢slm¢ni assets 28,503 (10,2501 41,354 31,986 Net IcxpeNditUlE)lincome Nel movement in fund5 24,002 13,5511 24,002 R¢cO￿tIllI11￿Th of Total funds bToii¥ht lorwai 7J7,050 713,048 Total funds cari'itd foiwai 7J3,499 737,050 Tlii% page does nol form part of the 51atutor), financial 5tuternbnls. Page 15 The Peggy and Mollie Thomas Charitable Trust Detailed Statement of FinalleiAI Activities for the Ye#i' Ended 5 Api-il 2025 Total 2025 Total 2024 Inccme and Etidowments fi'oTh- Inv£sim¢nl intom 35,202 33,370 Total income 35,202 33.370 Expenditui'e on- Raising fund5 (analysed below) Charit8ble aeiivitie5 2,777 25,726 2,572 38.782 Total expen(liluir Gainslios5es on investment asse 28,503 150,250 41,354 31,986 N¢1 {¢xpendiluiryincome Nel movement ID lund 24,002 (3,5511 24,002 RecoilelllAtio￿ of funds Total lunds biDughi forwai 737,050 713,048 Total fuiids carricd tOTW41'd 733.499 7J7,050 -Fhis page doc5 Ilot ftimi pai'l ol-lhe siaiiiiorj, finanGial btaleinenis. Page 16 Tlie Peggy and Mollie Thoma5 Cbaritable Trust Detailed Stalement of Financi81 Aetivities for tlie Year Ei nded 5 April 2025 (continued) Total 2025 Total 2024 Income fi￿nI listLd inveslmenls 35.202 33,370 35,202 33.370 RttiSEngfiiiiil Portfolio Ma￿g(Ment costs 2,7771 12,5721 ChllrElabl£ rteilvllies Charitable Activities Trustee F.xpenditure Bank charges Sharc of goveinance costs 24,400 37,400 50 72 1,260 66 1,260 25.726 38,782 GaiJis/lossgs on invesljyignr d.IsÉls {Gainyloss on programrne relatc(l investrncnts 110,250) 31,986 This page does not form pait of th¢ flalutory fin&iicial slaiements. Pag¥ 17