THE CHRISTOPHER LOMAS CHARITABLE TRUST Registered Charity no 1159453 Accounts for the year ended 05 April 2024 THE CHRISTOPHER LOMAS CHARITABLE TRUST Registered Charity no 1159453 Trustees Mr CJ Lomas Mr5 H L Lomas Miss E F Lomas Mr S Pallister Address 8oyce'5 Building 40-42 Regent Street Clifton Bristol BS8 4HU Accountants Lawes & Co Boyce's Building 43 Regent Street Cllfton 8ristol BS8 4HU Banker5 HSBC Bank PLC 6 Old Church Road Clevedon North Somerset BS216NA THE CHRISTOPHER LOMAS CHARITABLE TRUST Registered Charity no 1159453 Index Annual Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Account5 THE CHRISTOPHER LOMAS CHARITABLETRUST Registered Charity no 1159453 Annual Report of the Trustees For the year ended Sth April 2024 The Trustees present their report with the financial statements of the charity 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 accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021{effective l January 20151. Prlnci al Office of the Charit Boyce's Buildlng, Regent Street, Clifton. Bristol, BS8 4HU Trustees Trustees who have Served throughout the year and continue to be Trustees are as follows: Mr CJ Lomas Mrs H L Lomas Miss E F Lamas Mr S Pallister Governln document The Charity is governed by a trust deed dated 26 September 2012. The Charity was reglstered as a charity by the Charlty Commission on 2 December 2014. Ob'ectives and ur oses The Trustees of the Charity hold the income and capital of the Charlty to use or apply the same for such excluslvely charitable objects in any part of the world as the trustees may in their discretion think fit. The Charity will provide C3sh grants to charitable organisations, as well as consider providlng other forms of financial support, focusing upon health/healthcare and amateur sport charities, as well a5 charitable organisations in other sectors. It supports charities in particular on a local Bristol area basis and South-west of England/Bristol/Gloucestershire regional basis, as well as supporting at a national/international level. Public Benefit The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2022 to have regard to guidance on public benefit published by the Commission. Review ofthe earfs 2Ctlvities acheivements During the period the charity made one charitable donation and is currently accumulating funds with a view to making grant5 to support it5 charitable activities. During the period. the charity received a total of EIOO,00012023 - £IOO,0001 in donations. Re5erve5 The trustees have an agreed reserves policy with a minimum of £50,000 to be retained in liquid funds. Trustees res onsibilities in relation to the accounts Charity law requires the trustees to prepare a receipts and payments account and a statement of liabilities for each financial year. In addition, the trustees are responsible for keeping proper accounting record5 which are Sufficient to show and explain the Charitvs transactions and to disclose with reasonable accuracy at any time the financial position of the Charity. They are also responsible for safeguarding the assets of the Charity and hence for taking all reasonable steps for the prevention and detection of fraud and other irregularities. Inde endent examiners Lawe5 & Co have expressed their willingness to continue in office. and accordingly a motion to reappoint them will be put to the trustees at their next meeting. These account5 were approved by the trustees. and signed on t ir behalf by.. C J Lomasi . Trustee Independent Examinerfs Report to the Trustees THE CHRISTOPHER LOMAS CHARITABLE TRUST We report to the trustees on the examination of the accounts for The Christopher Lomas Charitable Trust for the year ended 5 April 2024, which are set out on pages 4 to 6. Respective respon51bllities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit 15 not required for this year (under section 144(21 of the Charities Att 2022 {the 2022 Act}) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2022 Act to follow the procedures laid down in the general Directions given by the Charity Commisslon (under section 145151 Ibl of the 2022 Act). and to state whether particular matters have come to our attention. Basis of an independent examlnees report Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting record5 kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual iterns or disclosures in the accounts, and seekin8 explanation5 from the trustees concerning such matters. The procedures undertaken do not provlde all the evidence that would be required in an audlt and, consequently no opinion is eiven as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the staternent below. Independent examlner's Statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thls report in order to enable a proper understanding of the accounts tc be reached. l. which gives me reasonable cause to belleve that in. any material respect, the requirements to keep accounting records in accordance with section 130 of the 2022 Act, to prepare accounts which accord with the accounting records and comply with the accounting requirements ofthe 2022 Act have not been met,. or that the statement of account does not comply with any requirements of regulation 3 of the Charity (Accounts and Reports) Regulation 2008. except the requirement5 specified in paragraph l of part111 of schedule I to those Regulations- or 2. to which, in our opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. L,oJ - I, 111; lij Lawes & Co. UK Limited Boyce's Buildin& Regent Street. Cllfton. Bristol 8S8 4HU Dated ,.../.I THE CHRISTOPHER LOMAS CHARITABLETRusr Statement of Financial Artlvlties for the year ended 5th April 2024 Notes 2024 2023 Unrestrlcted Unrestricted Incoming resources Unrestricted donations and gifts Restricted donations loo,000 loo,000 Investment Income Investment capital movement 31,006 27,239 2S,028 184,286) Total incomlng resources 158,245 40,742 Resources expended Charitable activities Governance costs 5.000 16,645 19,688 Total resources expended 21,645 19,688 Net Incomlng/lout8olngl resources 136,600 21,054 Total funds bought forward 1,2S4,476 1,233,422 Total funds carried forward 1,391,076 1,254,476 THE CHRISTOPHER LOMAS CHARITABLE TRUST Balance Sheet as at 5th April 2024 2024 2023 Unrestricted Fund5 Unrestrlcted Funds Notes Flxed Asset Investment Investment portfollo 1,149,405 1,031,723 Current assets Debtors Cash at bank and in hand Total current assets ioo,ooo 146,651 225,780 246,651 225,780 Creditors Due within one year Accrua15 4,980 3,027 Net A55ets 1,391,076 1,254,476 Represented bv Restrlcted fund Unrestricted fund 1,391,076 1,391,076 1,254,476 1,254,476 Approved by the rustees on 2$ and signed on their behalf by: C J Lomas THE CHRISTOPHER LOMAS CHARITABLE TRUST Notes to the accounts for the year ended 5th April 2024 l Basis of preparation The financial Statements of the charity, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021'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 l January 20151,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charitie5 Act 2022. The financial statement5 have been prepared under the historical cost convention. l Taxation The charity is exempt from tax on its charitable activities. 2024 2023 2 Donatlons and glfts Donatlons ioo,ooo 100,000 Restricted Donatlons loo,000 loo,000 3 Investment income Dividends 20,682 9.241 1,083 31,006 18,873 5,573 582 Interest Property income 25,028 4 Investment capital movement Capital 8ain/lLos5) on disposal of investments Movement on Market value of investments 119,7451 46,984 27,239 123,1431 161,1431 (84,2861 5 Charitable expendlture Grants to.. A Cohoon 5,000 5,000 THE CHRISTOPHER LOMAS CHARITABLE TRUST Notes to the accounts for the period ended Sth April 2024 (continued} 2024 2023 6 Governance costs Independent examiner's fee stock Broker's Fees Legal & Professional fees Bank char8es 1.920 8,913 5,632 180 1,560 8,748 9,191 189 16,645 19,688 7 Debtors Donations Dividends loo,000 loo,000 8 Accruals Independent examiner's fee St¢ck Broker's Fee Legal & Professional fees 3,480 1,500 1,560 1,467 4,980 3,027 9 Transactions wlth Trustees and other connected person5 The Trustees received no remuneration or other benefit in the year. 10 Restrlcted donatlons The Charity received no restrided donations from other donors. 11 Trustees, remuneration and beneflt There were not trustees, remuneration or other benefits for the year ended 5 April 2024, 12 Trustees, expenses There were no trustees, expenses paid for the year ended S April 2024.