Charity number: 1167539
The Tom Mabbott Fund
Unaudited
Trustees, report and financial statements
for the year ended 31 March 2024

The Tom Mabbott Fund
Contents
Page
Reference and administrative details of the company, its Trustees and advtsers
Trustees. report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the fJnan¢ial statements
7-11

The Tom Mabbott Fund
Reference and administrative details of the company, its Trustees and advisers
for the year ended 31 March 2024
Trustees
Kevin Munslow
Helen Sadler
Allan Mabbott
Charity registered number
1167539
Principal office
Clo Signature Litigation LLP
138 Fetter Lane
London
EC4A 1BT
Accountants
Kreston Reeves LLP
Chartered Accountants
2nd Floor
168 Shoreditch High Street
London
EI 6RA
Bankers
Na￿est Bank Plc.
156 Fleet street
London
EC4A 2DX
Page 1

The Tom Mabbott Fund
Trustees, report
for the year ended 31 March 2024
The Trustees present their annual report together with the financial statements of the The Tom Mabbott Fund for
the period 1 April 2023 to 31 March 2024.
Objectives and activities
a. Policies and objectives
The objective of the CIO is to provide relief of those in need, for the benefit of past and prèsent members and
staff of Signature Litigation LLP and their dependants, by reason of youth, age, ill-health, disability, financial
hardship or other disadvantage.
b. Activities undertaken to achieve objectives
The CIO will provide grants to fund medical procedures not readily available on the NHS or through medical
insurance, specialist equipment needs, counselling support, respite and recuperation facilities and to relieve
financial hardship.
c. Main activities undertaken to further the company's purposes for the public benefit
To date the Trustees have focused on ensuring that potential beneficiaries are aware of the existence of the fund
and the support that it aims to provide. To date there have been no calls on the resources of the Fund.
Achievements and performance
. Key performance indicators
The key financial performance indicators are as follows-
The CIO is entitled to receive an annual donation from the Law Firm, Signature Litigation LLP,
representing 10/0 of profits generated each year. For the year to 31st March 2024 total income generated from
this source totalled £154,671 (2023.. £160,607) (inclusive of gift aid} and total income was £164,004 (2023:
£162,974) including investment income, a surplus £164,004 (2023.. £152,203) was recorded for thè year and
transferred to reserves.
Key activities during the year focused on administrative tasks in addition to communicating with potential
beneficiaries.
The reserves of the CIO are held in cash and low risk investment.
Financial review
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate
resources to continue in operational existènce for the foreseeable future.
For this reason, they continue to adopt the going concern basis in preparrng the financial statements. Further
details regarding the adoption of the going concem basis can be found in the Accounting Policies.
Page 2

The Tom Mabbott Fund
Trustees. report (continued)
ft)r the year ended 31 March 2024
structure, governance and management
Constitution
The Tom Mabbott Fund is a Charitable Incorporated Organisation (CIO) governed by Constitution dated 31st
May 2016. The CIO was registered by the Charity Commission on 8th June 2016 (Registered No .' 1167539).
b. Methods of appointment or election of Trustees
The management of the company is the responsibility of the Trustees who are elected and co-opted under the
terms of the Charitable Incorporated Organisation.
Organisational structure and decision-making policies
The Trustees meet on an as needed basis in order to discharge their duties in relation to the management of the
affairs of the CIO and decisions are reached by majority vote of the Trustees as set out in the CIO'S Constitution.
Approved
by
order
the
members
the
board
and signed on their behalf by:
Trustees
on
Kevin Munslow
(Trustee)
Helen Sadler
(Trustee)
Page 3

The Tom Mabbott Fund
Independent examinerfs report
for the year ended 31 March 2024
Independent examiner's report to the Trustees of The Tom Mabbott Fund ('the company.)
I report to the charity Trustees on my examination of the accounts of the company for the year ended 31 March
2024.
Responsibilities and basis of report
As the Trustees of the company you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 ('the 2011 AcV)-
I report in respect of my examination of the companys accounts carried out under section 145 of the 2011 Act
and in carrying out my examination I have followed the applicable Directions given by the Charity Commission
under section 145(51{b) of the 2011 Act.
Independent examiner'5 Statement
Your attention is drawn to the fact that the company has prepared the accounts in accordance wtth Accounting
and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts
in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 in
preference to the Accounting and Reporting by Charities- Statement of Recommended Practice issued on 1 April
2005 which is referred to in the extant regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the company as required by section 130 of the 2011 Act.,
or
the accounts do not accord with those records- or
the accounts do not comply with the applicable requirements Con￿rning the form and content of
accounts 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 Gonsidered 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.
This report is made solely to the company's Trustees. as a body, in accordance with Part 4 of the Chartties
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the companys
Trustees those matters l am required to state to them in an Independent examiner's report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
company and the companys Trustee5 as a body, for mywork or for this report.
2411012024
Signed-
Dated:
K Ondhia
Page 4

The Tom Mabbott Fund
Statement of financial activities
for the year ended 31 March 2024
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Investments
154,671
9,333
154,671
9,333
160,607
2,367
Total income
164,004
164,004
162,974
Expenditure on:
Charitable activities
472
Total expenditure
472
Net incorne before net losses on investments
Net105ses on investments
164,004
164,004
162,502
110,299)
Net movement in funds
164.004
164,004
152,203
ReconGiliation of funds:
Total funds brought forward
Nel movement in funds
715,967
164,004
715,967
164,004
563,764
152,203
Total funds carried forward
879,971
879,971
715,967
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 7 to 11 fomi part of these financial statements.
Page 5

The Tom Mabbott Fund
Balance sheet
as at 31 March 2024
2024
2023
Note
Fixed assets
Current assets
Debtors
Cash at bank and in hand
124,672
755,299
318,181
397,786
879,971
715,967
Net current assets
879,971
715,967
Total assets less current liabilities
879,971
715,967
Net assets excluding pension asset
879,971
715,967
Total net assets
879,971
715.967
Charity funds
Restricted funds
Unrestricted funds
10
10
879,971
715,967
Total funds
879,971
715,967
The financial ststements
were
approved and authorised for
issue
by the Trustees
and signed on their behalf by:
on
Kevin Munslow
(Trustee)
Helen Sadler
(Trustee)
The notes on pages 7 to 11 form part of these financial statements.
Page 6

The Tom Mabbott Fund
Notes to the financial statements
for the year ended 31 March 2024
General information
The Tom Mabbott Fund is a Charitable Incorporated Organisation (CIO) governed by Constitution dated
31st May 2016. The CIO was registered by the Charity Commission on 8th June 2016 (Registered No
1167539).
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 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 Irèland (FRS 1021 (èffective 1 January 2015). the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair, view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fair, view. This departure has involved following the Charities SORP IFRS 102) published on 16
July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
The Tom Mabbott Fund meets the definition of a public benefit entity under FRS 102. Assets and
liabiltties are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy.
2.2 Going concern
'The Trustees assess whether the use of going concem is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability of
the Charity to continue as a going concern. The Trustees make this assessment in respect of a
period of al least one year from the date of authorisation for issue of the financial ststements and
have concluded that the Charity has adequate resources to continue in operational existence for the
foreseeable future and there are no material uncertainties about the Charity's ability to continue as a
going cOn￿rn, thus they continue to adopt the going concern basis of accounting in preparing the
financial statements.
2.3 Income
All income is recognised once the company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Page 7

The Tom Mabbott Fund
Notes to the financial statements
for the year ended 31 March 2024
Accounting policies (continued)
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned beMeen those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 Debtors
Trade and other debtors are recognisèd at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.8 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the company and which have not been designated for other
purposes.
Investment income, gains and losses are allocated to the appropriate fund.
Income from donations and legacies
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Donations
154,671
154,671
160,607
Page 8

The Tom Mabbott Fund
Notes to the financial statements
for the year ended 31 March 2024
Investment income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Investment income
9,333
9,333
2,367
Total 2023
2,367
2,367
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2024
Total
2024
Total
2023
Direct costs
472
Total 2024
472
Analysis of expenditure by activities
Activities
undertaken
directly
2024
Total
funds
2024
Total
funds
2023
Investment management fees
472
Total 2024
472
Independent examiner's remuneration
The independent examinerfs remuneration amounts to an independent examiner fee of £ (2023 - £ -).
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL)-
During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL).
Page 9

The Tom Mabbott Fund
Notes to the financial statements
for the year ended 31 March 2024
Debtors
2024
2023
Due within one year
Trade debtors
Other debtors
124,672
130,608
187.573
124,672
318,181
10.
Statement of funds
statement of funds - current year
Balance at
31 Mar¢h
2024
Balance at 1
April 2023
Income
Unrestricted funds
General Funds - all funds
715,967
164,004
879,971
Statement of funds - prior year
Balance at
31 March
2023
Balan￿ at
1 April 2022
Gainsl
(Losses)
Income Expenditure
Unrestricted funds
General Funds - all funds
563,764
162,974
(472)
110,299)
715,967
11. Analysis of net assets between funds
Analysis of net assets between funds - current period
Unrestricted
funds
2024
Total
funds
2024
Current assets
879.971
879,971
Total
879,971
879,971
Page 10

The Tom Mabbott Fund
Notes to the financial statements
for the year ended 31 March 2024
11. Analysis of net assets bètween funds (continued)
Analysis of net assets between funds - prior period
Unrestricted
funds
2023
Total
funds
2023
Current assets
715,967
715,967
Total
715,967
715,967
Page11