THE R & S MORLEY TRUST
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31 MARCH 2025
Reglstered Charlty Numbor 1152279

THE R & S MORLEY TRUST
Annual Report and Accounts
For the y88r ended 31 March 2025
Contsnts
Page
Truste88' Annual Report
Ind8pendent Examlnerfs Report
ststement of Flnanclal Activltles
Balan¢8 Sheet
Notes to the Accounts

THE R & S MORLEY TRUST
Tw$tees' Annual Report
For the year ended 31 March 2025
The Trugtees present their rèport for the year ended 31 March 2025.
The Charlty was reglstered on 4 Jun8 2013 (Charlty Number1152279). It was estsblished by a trust deed dated 20
March 2013.
The contact address for the chadty Is 52 Parliament Hill, London, NW3 2TL.
Trust908:
Chrlstopher Jennings
Roger Morley
Sophie Morley
Adv180rn
Bank
HSBC Bank
60 Queen Vlctorla Street
London
EC4N 4TR
Independent Examlngr
Mr8 C D Wad&
Hastingswade
58- 60 stowupland Road
Stowmark8t
Suffolk
IP14 SAL
Object•
The obj8Ct of the Trust18 to fulfil general charitable purp088s by maklng donatlons and grants to other charrtles to
6nablÉ them to further théir 8im8.
Donatlons and grants are made by the Trustees to charltabla Institutlons at such tlm8s and In such manner as the
Trustees shall In thelr dls¢retton thlnk flt.
The mathod of appolntment of Trustees
The power of appointing new Trustees of the Charity shall be vested in the Founder. A new Trustee or new
Trustees may be appolnted at any time and nohvllhstandlng that the totsl number of Trustees may exceed four but
shall not at any tlme exceed ftve.
Organl8atlon
The Twst h8s no full or part time staff, The trustees are fully responsible for 8dmlni61ering the tru8t. They meet et
least tsvice a year to discuss issues relating to grant making, govemance and strategy.
Page 1

THE R & S MORLEY TRUST
Trustees, Annual Report (continued)
For th8 year 6nded 31 March 2025
Rlsk Assessment
The Trustees have a rlsk strategy to k8ep under review and identify any risk8 the charity may face and to establish
where possjble systems and pro￿dUreS to mltigate those rlsks Identlfied. The trustees have revlewed the major
rlsks to whlch the trust is exposed and have e5tsblished systems and procedures to manag8 them.
Flnanclal Rovlew
The trustees have adopted tha provislons of the Ststement of Recomrnended Practice (SORP) 'Ac¢ounting and
Reportlng by Chartties" (FRS 102) in preparing the annual report and accounts of the charlty.
The eccount8 have been preparad in accordance with the accounting pollcles set out In notes to the accounts and
comply wlth the charlty's governlng docum8nt, the Charities Ac.t 2011 and Accounting and Reporting by Charities..
Statement of Recommended Practlce applicable to charitles preparing Ihelr accounts In accordance with the
Financlal Reporting Standard applicable in th8 UK and Republic of Ireland publlshed In October 2019.
Ravlow of A¢tlvlt1ft8
Grants amountlng to £12,000 in total were made during the year. Ail grants were unrestrlcted.
Rgserv08
The TnJ8tee8 keep under revlew approprlate income re88rve8 to meet the need8 of the Charlty.
Publlc Benellt 8tit6mont
Th18 Statement complies with the duty In Seetlon 17 of th8 Charitigs Act 2011 to have due regard to public benefit
guldance published by the Charlty Commission. We have revS8wed thls guldance when revlewlng our aims and
objectives and in planning future actlvltle5. The Trustses consider how planned actlvltle8 wlll contribute to the alm8
8nd objectives they have set.
Approved by the Trustees on
I i T.. Qo tc and slgned on thelr behalf by
R Morley
Trustee
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE R & S MORLEY TRUST
I report to the trustees on my examlnation of the accounts of The R & S Morley Trust for the year ended 31 March
2025 which are set out on page5 4 to 8.
Ro8pon8lbllltle8 and b4818 of rnport
As th8 charity trustees you are responslble for the praparalton of the accounts in accordance with the requirements
of the Charltles Act 2011 ('The Act,).
I r8port in respect of my examlnation of the Trust'8 8ccounts carrigd out under 89ction 145 of the Act and In carrylng
out my examlnatlon I have followed sll appllcable Dlrectlons glven by the Charity Commisslon under sectlon
145(5)(b) of th8 Act.
Independont Examlner'* Statèment
I have comp16ted my examlnatlon. I confirm that no materlal matter8 h8ve come to my attentlon In connectlon wlth
the examination givlng me cause to belleve that in any matsrlal respect,.
1. A¢¢ountSng records were not kept In r88pect of the charlty as requlred by secllon 130 of the Act; or
2. The accounts to not aGGord wlth those records.. or
3, Tha accounts do not comply wlth the appllcable requlrements concerning the form and content of accounts
set out In the Charities (Accounts and Réports) Regulation8 2008 other than any requ1￿ment that th8
account5 glve a'tru8 and fair view, whlch Is not a matter conslder8d as part of an Independ6nt 8xamin8ti0n.
I havè no concerns and have come aeross no other matt8r3 In connectlon wtth th6 examlnatlon to whlch attentlon
8hould be drawn in thls report In order to enable a proper understandlng of th8 accounts to be reached.
Chrlstlne D Wade
Accountant
Hastingswade
5840 Stowupland Road
Stowmarket
Suffolk
IP14 SAL
Page 3

THE R & S MORLEYTRUST
Statemant of Financial A¢tivltles
For the year ended 31 March 2025
UnTe8trlct•d Rg#trlctod
Fund
Fund
2025
Total
2024
Total
Note
Incomlng rosourc••
Incomlng resource8 from generated
funds:
Voluntary income- donatlonB
Investment Income
69,276
4130
69,276
4,130
63,040
2,833
Total Incomlng rnBourGes
73,406
73,405
65,873
Re80urce8 oxpondod
Charlt8ble actlvltle8
Governance costs
12,000
674
12,000
874
56,500
652
Total M•ource8 Oxponded
12,674
12,674
57,152
Net Incomlng re80urca8 befora
Investment galns
60,731
60,731
8,721
Gross tran8fer$ between funds
Net Incomlng rasources after transfers
{Lo8sesVGaln8 on investment a88ets
60,731
(9,703)
60,731
{9,703)
8,721
104,225
Net movement In funds
Total fund8 brought forward
61,028
1,593,866
51,028
112,94e
1,593,886 1,480,920
Total fund• carrlod lO￿ard
1,644,894
1,644,894 1,593,886
The notes on page$ 8 to 8 form part of these accounts.
Page 4

THE R & S MORLEY TRUST
Balance Sheet
As at 31 March 2025
Unre8trlctad
fund
R98tr1cted
fund
Totsl
2025
Total
2024
Flxed as8et8
Investm6nts
1,404,161
1A04.161
1,413,884
Current a88¢t•
Cash at bank and in hand
241,345
241,345
180,590
241,345
241,345
180,590
Credllors
Amounts frdlllng due wlthin
one year
(612)
(612)
(688)
Net current a•8et•
240,733
240,733
180,002
Tofal a880ts108• ¢urrent
Ilabllltle8
1,644,894
1,644,894
1,593,866
Fund8
Unrestricted fund
Restrl¢ted fund
1,644,894
1,644,894
1,593,866
1,644,894
1,844,894
1,593,886
Approved by the Board of Trustees on I I JL*kn ?02& and slgned on its behalf by:
R Mortey
The notes on pages 6 to 8 fomi part of these a¢¢ounts.
Page 5

THE R & S MORLEY TRUST
Notes to the Accounts
For the year ended 31 March 2025
1) Accountlng pollclos
a) B8815 of accountlng
The Charity constitutes a publlc benefit entity as defined by FRS 102. The a¢ounts have been
prepared In accordance wlth Aceountlng and Reportlng by Charltles.'Statoment of Recommended
Practice applicable to charities preparlng their accounts in accordance with the Financial Reporting
Standard appllcable In the UK and Republlc of Ireland Issued in October 2019, the Flnanclal Reporting
Siandard applicable In the United Kingdom and Republic of Ireland {FRS102). the Charities Acl 2011
and UK Generally Accepted AcGountlng Practlce,
The financial statements have been prapared to glve a 'true and falr viev/ 8nd have departed from the
Charitles (Accounts and Reports) Regulatlons 2008 only to the extent requlred to provide a 'true and
fall view. The departure has involved followlng the Accounting and Reportlng by Charitie5.'Statem8nt of
Recommended Practice applicable to charltles preparing thelr annual accounts in accordance with the
Financlal Repordng Standard and applicable in the UK and Republic of Ireland (FRS 102) Issued in
October 2019 r8thar than the Accountlng and R8POrting by Chariti08:Stat8ment of Recommendad
Practice effectlve from 1 April 2005 which has slnce been wlthdrawn.
The flnanclal statements ar? prepared on a golng concern bas13 under the hlstorlc81 cost conventlon.
The fin8nclal statement8 are presented in 8teding which 18 the functional Currency of the charity and
rounded to the nearest pound.
b) Chang8 In bas18
The slgnificant accounting policles applled Sn the preparation of these statements are set out below.
These pollcies have bgen Gon8iStently applled to all years prg8ented unless otherwlse stated.
c) Incomlng ro8ource8
Incom8 Is reeognlsed In the y6ar In whleh thè charSty1g entltled to recelpt and tha amount can be
measured wlth reasonable certalnty.
Investment Income Is Included when recelvable.
Glft ald Is Included in the accounts In the year when the donatlons to whSch It relates are received.
d) Resource$ Éxpended
All resources expended are accounted for on an aceruals basls, Charitable activities expenditure
includes the dlrect costs of th6 activlties.
Govemanee costs comprlse the costs of running the charfty, Includlng all costs of complylng with
constitutional and statutory requlrements.
Page 8

THE R& S MORLEYTRUST
Notes to the A¢counts
For the year ended 31 Marth 2025 (Gontinued)
e) Investrnents
Investments quoted on a recognised Stock Exchange are valued al Market Value at tho yèar end.
Other investments are included at the trustees, best estlmate of market value.
O Foreign currencles
Transactions in foreign currencies are recognised at the rate of exchange at the date of the transactlon.
Monetary assets and liabillties are translated Into sterllng at the exchange rate at the balanc8 Sheet
date. All exGhange differences are re¢ogn18ed through th8 ststement of financial activitles.
2) Charltabla a¢tlvltlo8
The object of the Trust IS lo fulfil general charitable purposes by making donations and grants to other
charities to enable them to further thelr alms.
The donatlons and grants made In the year all meet the stated objectives.
Grants Pald
Grants to
Instltutlon8
2020
Grant8 to
Instltutlons
2024
Renewed Hope Trust
Hampstead and Westmlnster Hockey Club
Friends of All Saint8, Hitcham
Marie Curie
Braln Tumour Research
Rac6 Agalnst Dementia
Hampstead & Westmlnster H¢￿keY Club
Penrith Dlstrlct Red Squlrrèls Group
Voluntser Uganda
Waterloo Uncovered
Weslrnorland Red Squlrrel Society
Suffolk Communlty Foundatlon
st Catherlne's College, Cambridga
Body and Soul
1,000
2,000
2,000
2,000
2,500
2,000
2,000
2,000
2,000
3,500
500
25,000
10.000
10,000
2,000
12,000
58,500
Thara were no grants to Indlviduals in 2025 or 2024.
Page 7

THE R & S MORLEY TRUST
Not8S to the Accounts
For tho year ended 31 March 2025 (continued)
3)
Governance Go$ts
2025
2024
Independent Examiner's Fee
Bank charg88
612
82
688
64
874
652
The charfty had no employees in 2025 (2024., nil}.
Inve8tmont a880ts
4)
2025
2024
Market value as at 1 April 2024
Net Investrnent (lo¥ses)Igalns
1,413,864
(9,703)
1,309,639
104,225
Markat Value as at 31 March 2024
1,404,161
1,413,884
Analysls of Investments
Other Investments
1,404,181
1,413,864
6)
Crodltorn: amounts falllng du• wlthln C*n• year
2025
2024
Accrua18
812
588
Controlllng partl••
The charlty Is controlled by Its Trustees.
Tran8aetlon• wfth Tru8t0•8
7)
No Trustee received any remuneratlon during the year.
No Trustee rac&lved any payment for expenses in the year.
Related partl88
7)
One Trustee donated th8 Sum of £12,100 to the charity in tho year anded 31 March
2025 (2024.'Two Trustees £50,000).
Page 8