mailes Goldie
CHARIERÈD ACCOUNTANTS
REGISTERED CHARITY NUMBER: 1155974
Smalles Goldie
Copy
The J F Brignall Charitable Trust CIO
Unaudited Financial Statements
5th April 2024
sD-021624￿1-6
bJlidlng
tQ8ethei
ICAEW
CHARTERED
ACCOUNTANTS

The J F Brignall Charitable Trust CIO
Contents of the Financial Statements
for th• y•ar ended 5th Aprll 2024
Page
Report of the Trustees
Independent Examinorf8 Report
Statement of Flnancial Actlvltles
Balance Sheet
Notes to the Financial Statements
7 to 11

The J F Brignall Charitable Trust CIO
Report of the Trustees
for the year ended 5th April 2024
The trustees present their report with the financial statements of the trust for the year ended 5 April 2024. The trustees
have adopted the provisions of Accounting and Reporting by Charities". Statement of Recommended Practice
applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS102).
OBJECTIVES AND ACTMTIES
Objectlves and aims
The objective of the trust is to support projects of local and national charities and similar bodies, particularly those
involved in:
the advancement of knowledge and treatment of cancer and other major illness
medical research
the provision of medical care
the protection of vulnerable children
supporting disadvantaged youths in order to give these persons a sense of belonging and responsibility
towards the community at large
helping to relive suffering and making life better for sedors of the public
local good causes
Slgnlficant activities
The trusl achieves Ils charitable objectives through makSng grants to support youth activities and the protection of
vulnerable children, medical research and care and other local causes.
Public benofit
The trustees confirm that they have referred to the guidance contained In the Charity Commission's general guldance
on public benefit when reviewing the trust's aims and objectives and in planning future activities and setting the grant
making policy.
Grantmaking
Grant applications are presented by the applicants to the trustees at the quarterly trustees, meetings. The applications
are assessed to ensure compatibility with the trust's objectives.
FINANCIAL REVIEW
Flnancial posltlon
At 5 April 2024, the value of the trust's Investment portfolio was £8,113,604 (2023: £7.757,209). The trust's Investment
Income for the year ended 5 April 2024 was £219,994 (2023: £170,094). Grants totalling £221,900 (2023: £318,800)
were made. The value of unrestricted funds at 5 April 2024 is £8,653,262 (2023.. £8,203,204).
Principal fundlng sources
The principal funding source is investment income from the portfolio of investments managed by Coutts & Co and
Investec Wealth & Management Limited.
Investment policy and objectivas
The strategy of the Trustees in regard to the investments held by the settlement is medium risk.
Reserves pollcy
The trust has unrestricted reserves of £8,653,262 at 5 April 2024.
It is the trust's policy to retain sufficienl funds to continue the objectives as set out in this report. This is achieved by
maintaining the capital base by equating income received with grants made, over the medium-term.
FUTURE PLANS
The trust intends lo continue using the investment income generated to make grants to charitable organisations in
line with its charitable aims and objectives.
Page 1

Thè J F Brignall Charitable Trust CIO
Report of the Trustaes
for the year anded 5th April 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The J F Brignall Charitable Trust was registered as a Charitable Incorporated Organisation ('CIO") with the Charily
Commission on 28 February 2014. The governing documenl is the CIO'S Constitution which follows the Foundation
model.
Recrultment and appolntment of new trustees
The firsl trustees were appointed on incorporation of the trust. New trustees must be appointed by a resolution
passed at a properly convened meeting of the trustees. In selecling individuals for appointment as trustees. the
trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Organisatlonal structura
The trustees meet on a quarterly basis to discuss future strategy and review the activities of the trust, consider
matters arising and authorise grants. Decisions may also be taken by resolution in writing or electronic form agreed
by all of the trustees.
Induction and tralning of naw tru8tee8
The trustees will make available to each new trustee, on or before his or her first appointment, a copy of the current
version of the constitution and a copy of the CIO'S latest Trustees, Annual Report and statement of accounts.
Relat•d partles
During the year, £1,350 was paid to K B Allan, daughter of J B Allan, irustee of the charitable trust for charity
administration (2023.. £Nil l.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1155974
Règlstered office
109A Harland House
Harland Way
Coltingham
East Yorkshire
HU16 5TB
Trustees
Mrs J B Allan
Miss S B Brignall
Mrs C 8 Hazelwood
Independent Examlner
Smalles Goldie
Chartered Accounlants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA
Page 2

Th• J F Brlgnall Charftable Trust CIO
Report of the Trustees
for the year ended 5th April 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Solicitors
Andrew Jackson Solicitors
Marina Court
Castle Street
Hull
HU1 1TJ
Banker3 and Investment Advlsers
Coutts & Co
440 Strand
London
WC2R OQS
Investec Wealth & Investment Limited
3 Wellington Place
Leeds
LS14AP
Approved by order of the board of trustees on 29th November 2024 and signed on its behalf by..
Jane Allan - Trustee
Page 3

Independent Examlnerfs Report to the Trustees of
The J F Brlgnall Charltable Trust CIO
Independent examinerfs report to the trustees of The J F Brignall Charitsble Trust CIO
I report to the charity trustees on my examination of the accounts of the charity for the year ended 5th April 2024.
Responsibilities and basi8 of report
As the charity's trustees you are responsible for the preparation of the a￿ountS in accordance with the requirements
of the Charities Act 2011 ('the Act,).
Having satisfied myself that the accounts of the Charity are not required to be audited under Section 144 of the Act
and are eligible for independent examination, I report in respect of my examination of the charity's accounts carried
out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions
given by the Charity Commission under section 145(5)(b) of the Act.
Indèpéndant axaminérfs statamènt
I have completed my examination. I confirm that no material matters have come to my attention in connection with
the examination giving me caus8 to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the Act., or
the accounts do not accord with those records,. or
the accounts do not comply with the applicable requirements concerning the form and content of acLounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a 'true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Stephen Bramall Bsc., FCA
Smalles Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 88A
Page 4

The J F Brignall Charitable Trust CIO
Statement of Flnanclal Actlvltles
for the year ended 5th April 2024
2024
Unrestrlcted
fund
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Investment income
219,994
170,094
EXPENDITURE ON
Raising funds
48,198
42,117
Charltable actlvltles
Medical Research & Care
Vulnerable Children
Local Grants
Youth Support
38,566
45,228
4,750
133,356
161,000
98,200
59,680
Support costs
12,713
7,759
Totsl
282,811
368.756
Net gainsl{losses) on investments
512,875
574,902)
NET INCOMEI(EXPENDITURE)
450,058
(773,564)
RECONCILIATION OF FUNDS
Total funds brought forward
8,203,204
8,976,768
TOTAL FUNDS CARRIED FORWARD
,653,262
8,203,204
The notes form part of these financial statements
Page 5

The J F Brlgnall Charltable Trust CIO
Balance Shoet
5th April 2024
2024
Unrostricted
fund
2023
Total
fund8
Notes
FIXED ASSETS
Investments
8,113,604
7,757,209
CURRENT ASSETS
Debtors
Cash at bank
10
21,817
713,995
19,811
529,824
735,812
549,635
CREDITORS
Amounts falling due within one year
11
(131,362)
(103,640)
NET CURRENT ASSETS
604 450
445.995
TOTAL ASSETS LESS CURRENT
LIABILITIES
8,718,054
8,203,204
CREDITORS
Amounts falling due after more than one year
12
(64,792)
NET ASSETS
8,653 262
8,203,204
FUNDS
Unrestricted funds
13
8 653,262
8,203,204
TOTAL FUNDS
8 653,262
8,203,204
The financial statements were 8pproved by the Board of Trustees and authorised for issue on 29th November 2024
and were signed on its behalf by:
Jane Allan - Trustee
The notes form part of these financial statements
Page 6

The J F Brfgnall Charltable Trust CIO
Notes to the Financial Statéments
for the year ended 5th April 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared
in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical Cost
convention, with the exception of investments which are induded at market value, as modified by the
revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds,
it is probable that the income will be received and the amount can be measured reliably.
Expendlture
Liabilities are recognised 8s expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement
and the amount of the obligation can be measured reliably. Expenditur8 is accounted for on an accruals basis
and has been classified under headings that aggregate all cost related to the category. Where costs cannot
be directly attributed to particular headings they have been allocated to activities on a basis consistent with
the use of resources.
Granls payable are charged in the year when the offer is made. Grants offered over multiple years are accrued
as expenditure in the year of offer, unless there are performance conditions attached to the grants, in which
case the grant (or element) thereof is recognised when the performance conditions have been met.
Taxation
The ch8rity is exempt from corporation tax on its charitable activities.
Fund accountlng
Unrestricted funds can be used in accordance with the charitable oblectlves at the discretion of the trustees.
Restricled funds can only be used for partlcular restricted purposes within the objects of the charity.
Reslriclions arise when specified by the donor or when funds are raised for particular restrided purposes.
Debtors and credltors recelvablelpayable withln one year
Debtors and creditors with no stated interest rate and re￿1vable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in expenditure.
Flxed asset investments
Fixed asset investments are a form of basicfinancial instrument and are initially recognised at their transaction
value and subsequently measured at their fair value at the balan￿ sheet date using the closing quoted market
pri￿. Fair value gains and losses are recognised in the Ststement of Financial Activities.
Page 7
continued...

The J F Brignall Charitable Trust CIO
Notes to the Flnancial Statements - continued
for the year endod 5th April 2024
INVESTMENT INCOME
2024
2023
Fixed interest
Dividends
Other
92,521
104.048
23,425
53,953
103.975
12,166
219,994
170.094
RAISING FUNDS
Investment management costs
2024
2023
Portfolio management
48,198
42,117
CHARITABLE ACTIVITIES COSTS
Charitable activities costs exclusively represent grants payable. A detailed breakdown of grants payable is
provided in note S.
GRANTS PAYABLE
2024
2023
Medical Research & Care
Vulnerable Children
Local Grants
Youth Support
38,566
45,228
4,750
133,356
161,000
98,200
59.680
221,900
318,880
The total grants paid to institutions during the year was as follows:
Total
Committed
Committed ft)r recognised in
brought forward Paid in year future periods
year
Cat Zero
Old School
Middle Child
University of Hull
Teenage Cancer Trust
Laser Trust Fund Moghissi
HDCA
House of Light
Support Dogs
Humber Rescue
Feral Arts School
Yorkshire Children's Charity
Hull YFC
35,000
10,000
35,000
10,000
85,356
27,Crf)O
17,200
85,356
54,000
27.000
8,600
10,000
6,000
25,800
10,000
13,000
7,000
35,000
35,000
2,766
1,250
3,500
12,000
12,200
2.766
1,250
3.500
12,000
33,228
21,028
99,000
128,316
192,584
221,900
Page 8
continued...

The J F Brignall Charitablo Trust CIO
Notes to the Financial Statements - continued
for the year ended 5th Aprll 2024
SUPPORT COSTS
Governance
costs
Management
Flnance
Totals
Other resources expended
1,350
11,361
12,713
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargingl{crediting)'.
2024
2023
Independent examiner's fee
3,570
3,830
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneratlon or other benefits for the year ended 5th April 2024 nor for the year
ended 5th April 2023.
Trustaos, •xpense8
There were no trustees, expenses paid for the year ended 5th April 2024 nor for the year ended 5th April 2023.
FIXED ASSET INVESTMENTS
Equities
and other
holdings
Flxed
Interest
Totals
MARKET VALUE
At 6th April 2023
Additions
Disposals
Revaluations
2,524,145
5,233,064
7,757.209
1,244,005
2,399,154
3,643.159
(1,356,827) (2,442,812) 13.799,639)
18 815)
531,690
512,875
At 5th April 2024
2,392,508
5 721096
8,113,604
NET BOOK VALUE
At 5th April 2024
2,392,508
5,721,096
8,113,604
At 5th April 2023
2,524,145
5,233,064
7,757,209
Invastments at market value comprlse:
UK
Overseas
2024
2023
Equities
Securities
1,983,256
3.737,840
1,524,764
5,721,096
2,392,508
5,233,064
2,524,145
Total market value
2.851,000
5,262,604
8.113,604
7,757,209
Page 9
continued...

Tha J F Brlgnall Charltable Trust CIO
Notos to the Financial Statamonts - contlnued
for the year ended 5th April 2024
10.
DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2024
2023
Other debtors
19,811
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Grants committed
Other creditors
127,792
99,000
4,640
103640
Movement In recognlsed grant commitments during the year:
Charltable
commltments
accrued
Grant commitments at 5 April 2023
Previous grant commltments paid during the year
Grant commitment made during the year
99,000
(37,000)
130,584
Grant commitments at 5 April 2024
Falling due:
Within one year
After one year
127,792
192,584
12.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
2023
Grants committed
13.
MOVEMENT IN FUNDS
Net
movement
In funds
At
514124
At 614123
Unrestri¢t•d funds
General fund
8,203,204
450,058
8,653,262
TOTAL FUNDS
8 203 204
450.058
8 653 262
Page 10
continued...

The J F Brlgnall Charitabl• Trust CIO
Notes to the Flnanclal Statements - continued
for th• year ended 5th Aprll 2024
13.
MOVEMENT IN FUNDS- Contlnuad
Net movement in funds. included in the above are as follows:
Incomlng
resources
Resources
expended
Gains and Movement
losses
in funds
Unrostrlctad funds
General fund
219,994
{282,811)
512,875
450,058
TOTAL FUNDS
219 994
282,811)
512,875
Comparatlves for movoment In funds
Nat
mov•ment
In funds
At
514123
At 614122
Unrestrlcted funds
General fund
8,976,788
(773,564)
8,203,204
TOTAL FUNDS
8,976,768
773.564)
8,203,204
Comparative net movement In funds, included in the above are as follows:
Incoming
8our¢e6
Resources
expended
Galns and
losses
Movement
In funds
Unr•8trl¢tad funds
General fund
170,094
(368,756)
(574,902)
(773,584)
TOTAL FUNDS
170094
368.756)
574,902)
773,564)
14.
RELATED PARTY DISCLOSURES
During the year, £1,350 was paid to K B Allan, daughter of J B Allan, trustee of the charitsble trust for
charity administration (2023: £Nil).
Page11