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yr
ymddiriedolaeth
Dilys
the Dilys trust
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the Dilys trust
yr ymddiriedolaeth Dilys
info@dilys.fund 50 Sterling Gardens, London, SE14 5DZ
Registered CIO 1160781
26th May 2024
Trustees’ Report, 2024-2025
Prepared by Geraint A. Wiggins MA, PhD, PhD, FRSA
Overview
As reported in 2021-22, the Trust has completed negotiations with its first academic partner, Corpus Christi College, Cambridge. The first Dilys Bursary was funded from October 2023 and bursaries continue.
Detail of income
The Trust received no new income in this period.
Detail of outlay
No new outlay occurred.
Agreement with institutional partner
Our institutional support agreement with Corpus Christi College, Cambridge, continues. The College has the right to use monies received from investment of the £125,000 that we have deposited with the College, to support a bursary for one student, under the conditions specified in our contract. A second student is now benefitting from the bursary. The College is now reporting directly on the value of the Trust’s investment so that we can monitor its core value.
Signed (Trustees)
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Sables— JubaU
Geraint A. Wiggins Julian Ball
<fe)\ ) eal Drove
Jamie Forth John Levack Drever
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Dilys Trust Balance Sheet 2024-2025
| Date | Item | Income | Outlay | Balance |
|---|---|---|---|---|
| 5 Apr 2024 | Balance carried forward | £ 72.48 |
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| 4 Apr 2025 | Balance carried forward | £ 72.48 |
Dilys Trust Funds managed by Corpus Christi College, Cambridge
| Date | Item | Transfer in | Transfer out | Balance |
|---|---|---|---|---|
| 5 Apr 2024 | Balance carried forward | £ 126,522.00 |
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| Revaluation | £ 11,718.00 |
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| Investment Income | £ 3,777.00 |
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| Bursaries paid out | £ (2,750.00) |
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| Administration fee (returned in 2025) |
£ (500.00) |
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| Income from investment | £ 527.00 |
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| 4 Apr 2025 | Balance carried forward incl change in investment value |
£ 139,294.00 |
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