REGISTERED CHARITY NUMBER: 1172695
ort of the Trustees an
Unaudited Financial Statements
ror the Year Ended 5 A ril 2024
for
The Ennismore Charitable Trust
Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

The Ennismore Charitable Trust
Contents of the Financial Statements
for the Year Ended 5 A
ril 2024
Page
Report of the Truslees
Independent Examiner's Report
Statement of Financial Activities
Statemenl of Financial Position
Notes to the Financial Statements
9 to 14
Detailed Statement of Finaneial Activities
15

The Ennismore Charitable Trust
ort of the Trustees
for the Year Ended 5 A
ril 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-. Statemenl 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 2019).
OBJECTIVES AND ACTIVITIES
Objectives 2nd aims
The objects of the Charity which are for the general public benefit are as follows:
l) To advance the Roman Catholic religion mainly, but not exclusively by means of funding courses, conferences,
scholarships, allowances or grants.
2) To advance the education of the public in the Christian religion in particular the Roman Catholic Church religion.
3) To advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to
time.
Public benefit
In complying with the duty in section 17(5) of the Charities Act 201 l the rn￿teeS have had due regard and referred to
guidance contained in the Charity Commission's general guidance on public benefit when reviewing their aim and
objectives and in planning their future activities.
The trustees Consider how planned activities will contribute to the aims and objectives they have set.
Grantmaking & social investmeDts
The trustees adopted a Grant Making Policy dated 21 April 2017 to ensure that charitable funds are used exclusively for
the public benefit.
The trustees seek to sat15fy themselves that each grdnt is made in furtherance of a charitable purpose that offers an
identifiable benefit to the public or a significant section of the public and that any private benefit that may arise to any
person or company as a result of a grdnt is merely incidental.
The trustees made a total of £938,734 in grant payments to the following causes during the year:
£46,000 - Catholic Union
£50,000 - Team Domenica
£12,000 - Genesis Perforniing Arts
£28,734 - Diocese of Szeged & Csanadi
£120,000 - Highground UK
£250,000 - St Edmunds School
£432,000 - Tum to Starboard
All grants made were for purposes that fall within the charity's objectives.
The trustees do not anticipate any possibility of private benefit from their grant making but shall be rnindful of conflicts
of interest or loyalty etc.
Page I

The Ennismore Charitable Trust
ort of the Trustees
for the Year Ended S A
ril 2024
FINANCIAL REVIEW
Financial position
The trustees are satisfied with the perfonnance for the year and the financial position of the charity at the year end.
The deficit for the year amounted to £961,329 which includes £9i8.734 of charitable grantmaking.
The balance on the general fund at the year end amounted to £8.674,825.
During the year the charity received £296,125 by way of interest income on ils bank deposits. No income was received
from its revocable interest in the income of a settlement from which its investment property was originally derived, the
trustees of which are in the process of disiributing its resources to named capital beneficiaries.
Additionally. no rental income is reflected in these accounts since, following the detennination in July 2022 by the
erstwhile tenant's executors of the underlease over the trust's property at Flat 127 Ennismore Garden5 and the remaining
in occupation of an erstwhile housekeeper, no rent has been collected. FollowTng legal proceedings and a payment of a
sum of money to the occupant the trusl obtained vacani possession of the flat which was then sold after the date to which
these accounts have been prepared.
The charity made grants of £938.734 during the year.
The main expenditure comprised service charges on the propety. costs of obtaining possession, legal and professional
costs and the independent examinevs fee for the year.
Bank and cash balances at the year end amounted to £7.376.509.
Under the will of a benefactor who died in 2021 the trust was bequeathed what he considered to be his rights to claim
ownership of a missing farnily portrait, the existence of which had remained in doubt following its disappearance in
uncertain circumstances in the 1940's.
The painting's eventual discovery fftn 2023 triggered lengthy discussions wilh a number of other relatives also claiming an
interest on account of their connection with the family believed io have orioinally COTnmissioned it with a view to
agreement being reached on the proportions in which the proceeds should be shared as bettveen the trust and those
claimants on the one hand and the person actually having possession of the portrait on the other, in the event of it being
put up for sale by auction.
These negotiations while being at an advanced stage have )'et to be concluded. Additionally, whilst the painting was
auctioned after the date to which these accounts have been prepared, the successful bidder is withholding payment of the
hammer price pending agreement being reached with all claimants. In the event that these issues are resolved the
indications are that the trust should sland to receive approximately Euro 5m. However notwithstanding the steps taken to
identify all possible claimants, the trust has nevertheless had to enter into indemnities affording protection for those who
Might allege they had suffered loss from ihe emergence of other. as yet unidentified, entitlements and accordingly the
trustees do not expect lo be in a position to apply any part of their share of the auction proceeds for charitable causes
until the expiration of the indemnities in 2027.
With a view to consolidating the claims of the trust and two other principal claimants the legal costs involved in its
promotion have been financed by the trust on the basi5 that two thirds thereof will be recovered provided that the trust is
successfitl in its claim.
Principal funding sourees
The charity's principal funding resources are those as stated above.
Page 2

The Ennismore Charitable Trust
Re ort of the Trustees
for the Year Ended 5 A
ril 2024
FINANCIAL REVIEW
Reserves policy
The trustees, policy as regards the maintenance of reserves is to ensure that at all times a prudent balance exists as
between the long-tern] financial stabtlity of the charity, its financial obligations to pay service charges and the on-going
support it aims to give to charitable causes.
The balance on the general fund at the year end amounted to £8,674,825 after making grant payments of £938.734 in the
year.
Following their disposal of the charity's main property and their decision lo sell the flat once vacant possession had been
obtained, the trustees have resolved lo gradually apply the trust's resources in line with their Objects and Grant Making
Policy with a view to the whole of the charity's resources being so expended over the course of the next five years.
In this conTtection, the trustees have formed a sub-committee to help identify potential beneficiaries and have made
grants totalling £1,360,51 I so far during the year ending 5 April 2025. The sub-committee continues to identify ￿rther
charities which would benefit from support from the Irust and envisages making further recommendations for grants to
be made during the course of that year.
Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate
resources to continue in operational existence throughout the period of five years during which as explained above it is
envisaged the trust's resources will be wholly expended. accordingly the trustees have adopted the going concem basis
of accounting in preparing these financial statements.
FUTURE PLANS
The trustees are bound by the terms of Trust Deed dated 16 March 2016 as amended by the Deed of Variation dated 21
April 2017 and the Grant Making Policy adopted by thetn on 21 April 2017.
The charity has a primary purposes relating to the advancement of the Roman Catholic religion and advancing the
education of the public in the subject of religion and are considering making grdnts to schools or educational
establishments in Hungary which are in line with the charity's objects and Grant Making Policy.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document and decision making
The charity is controlled by ils governing documents as is decision making by the trustees. These documents comprise
the Declaration of Trust dated the 16 March 2016 and the Deed of Variation dated the 21 April 2017. They are drawT] UP
in accordance with the relevant provisions of the Charities Act 201
The trustees adopted a Grdnt Making Policy dated 215t April 2017 to ensure that charitable funds are used exclusively
for the public benefit. The Trustees will seek to satisfy themselves that each grant is made in furtherdnce of a Charitable
purpose that offers an identifiable benefit to the public or a significant seciion of the public and that any private benefit
that may arise to any person or company as a result of a grant is merely incidental.
Any grdnts made shall be in the best interests of the charity and will be used for purposes that fall within the charity's
objectives.
The trustees do not anticipate any possibility of private benefit from their grant making but shall be rnindful of conflicts
of interest or loyalty etc.
The trustees will regularly refer to the Charity Commission guidance on public benefit to ensure compliance.
Recruitment and appointment of new trustees
There has been no change in ihe trustees during the accounting year under review.
The trustees at the date of creation of the charity all served during the period and were still serving al the year end.
Page 3

The Ennismore Charilable Trust
ort of the Trustees
for the Year Ended 5 A
ril 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The trustees acknowledge their duty to idenlify and review the risks to which the charity is exposed and to ensure
appropriate contro15 are in place to provide reasonable assurance against fraud and e￿Or.
Robust and suitable procedures are in place to ensure these obligations are met to the fullest extent as is reasonable.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1172695
Principal address
Wayside
Sweethaws Lane
Crowborough
East Sussex
TN6 3SS
Trustees
S J Matthews
GCDrew
R VNeve
Independent Examiner
Aidan P Smjth ACA
Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW
Solicitors
Withers LLP
20 Old Bailey
London
EC4M 7AN
Bankers
C. Hoare & Co.
Private Bank
37 Fleet Street
London
EC4P 4DQ
CONTINUING ACTIVITIES
The trustees made a tothl of £9)8,734 in grant payments to the following causes during the year:
£46,000 - Catholic Union
£50,000 - TeaTn Domenica
£12,000 - Genesis Performing Arts
£28,734 - Diocese of Szeged & Csanadi
£120,000 - Highground UK
£250,000 - St Edmunds School
£432,000 - Turn to Starboard
Page 4

The Ennislnore Charitable Trust
ort of the Trustees
for ihe Year Ended 5 A
ril 2024
Approved by order of the board of trustees on 7 January 2025 and signed on its behalf by:
R V Neve - Trustee
Page 5

Inde
endent ExaJniner's Re
ort to the Trustees of
The Ennismore Charitable Trust
Independent examiner's report to the trustees of The Ennismore Charitable Trust
I report to the charity trustees on my examination of the accounts of The Ennisrnore Charitable Trust (the Trust) for the
year ended 5 April 2024.
Responsibilities and basis of report
As the charity trnstees of the Trust you are responsible for the preparntion of the accounts in accordance with the
requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Aci and in carrying out
my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b} of
the Act.
Independent examiner's statement
Since your Charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confinn
that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in
England and Wales, which is one of the listed bodies.
I have completed my examination. I confirn) that no material 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 Trust as required by Section 130 of the Act" or
the account5 do not accord with those records- or
the accounts do not comply with the applicable requirements concerning the fonn and content of accounts set out
in the Charities (Accounts and Reports) Regulation5 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.
Aidan P Sm)oh ACA
Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW
7 January 2025
Page 6

The Ennismore Charitable Trusl
Statement of Financial Actii'ities
for the Year Ended 5 A
ril 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3,615
Investment income
280,077
93,477
Total
283,692
93.477
EXPENDITURE ON
Charitable activities and support costs
Charitable activities
,190.021
1.494,066
Other
55.000
Total
1,245,021
1.494.066
NET INCOMEI(EXPENDITURE)
(961,329) (1,400,589)
RECONCILIATION OF FUNDS
Total funds brought forward
9.636,154
11,036,743
TOTAL FUNDS CARRIED FORWARD
8.674.825
9,636,154
The notes form part of these financtal statements
Page 7

The Ennismore Charilable Trust
Statement of Financi21 Position
5 A ril 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
FIXED ASSETS
Investment
Investment
Investment propety
I,)00,000
1,300,000
1,300,001
1,300,001
CURRENT ASSETS
Debtors
Cash at bank
126
8,337,712
7,376,509
7,376,509
8,337,838
CREDITORS
Amounts falling due within one year
io
(1,685)
(1.685)
NET CURRENT ASSETS
7.374.824
8,336,153
TOTAL ASSETS LESS CURRENT
LIABILITIES
8.674.825
9.636,154
NET ASSETS
8,674,825
9.636,154
FUNDS
Unrestricted ￿ndS
8.674.825
9,636,154
TOTAL FUNDS
8.674.825
9,636,154
The financial statements were approved by the Board of Trustees and authorised for issue on 7 January 2025 and were
signed on its behalf by..
R V Neve - Trustee
The notes fonn part of these financial statements
Page 8

The Enni5more Charitable Trust
Note5 to the Financial Statements
for the Year Ended S A
ril 2024
ACCOUNTING POLICIES
Basis of preparing the flnaneial statements
The financial statements of the chariry, which is a public benefit entity under FRS 102. have been prepared in
accordance with the Charities SORP (FRS 102), Financial Reporting Standard 102 'The Financial Reporting
Standard applicable in the UK and Republic of Ireland, and the Charitie5 Act 2011.
The financial statements have been prepared under the historical Cosl convention, with the exception of
investments which are included at markel value. as modified by tbe revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activiiies once the charity has entitlement to the funds, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as s(K)n as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable ihat a transfer of econornic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under heading5 that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headings ihey have been allocated to activities on a basis consistent with the use of
resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but
not accrued as expenditure.
Allocation 2nd apportionment of costs
Resources expended are allocated to ihe particular activity where the cost relates directly to that activity.
Governance costs are the costs associated with the governance arrangements of the charity. These costs are
associated with constitutional and statutory requirements. and include any costs associated with the strategic
management of the charity's activities.
Investment property & olher assets
The fair valuation of inve51ment property is reviewed at each reporting date by the trustees.
The charity's interest in Flat 127 Ennismore Gardens has been valued by the trustees at £1,300,000 this being the
only significant estimate in these accounts.
No value has been ascribed to the charity's revocable interest in the future income of the tNst from which its
investment was originally derived now that the trustees are distributing the funds to named capital beneficiaries.
Similarly, given the position as explained in the trustees. report as regards the trust's interest in the family
portrait, no value has been ascribed thereto in these accounts.
Taxation
The charity is exempi from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted fund5 can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
At the period end. all funds owned by the charity are unrestricted funds.
Significant judgements and estimates
The charity's interest in Flat 1, 27 Ennismore Gardens was valued by the trustees in the sum of £1,300,000. this
being the only significant estimate incorporated in these accounts.
Page 9
continued...

The Ennismore Charitable Trust
Notes to the Financial Statements - continued
for the Year Ended 5 A ril 2024
ACCOUNTING POLICIES- continued
Financial instruments and functional currency
Basic financial instruments comprising unlisted investments, debtors, bank and cash balances are disclosed at fair
value.
The functional currency of the charity is £ Sterling.
INVESTMENT INCOME
2024
2023
Service charges payable
Deposit account interest
(16,048)
296.125
(23,323)
116,800
280,077
93,477
GRANTS PAYABLE
2024
2023
Charitable activities
938,734
1,475,000
The trustees made a total of £938,734 in grdnt payments to the following causes during the year:
£46,000 - Catholic Union
£50,000 - Team Domenica
£12,000- Genesis Perforniing Arts
£28,734- Diocese of Szeged & Csanadi
£120,000- Highground UK
£250,000 - St Edmunds School
£4)2,000 - Turn to Starlxlard
SUPPORT COSTS
Governance
costs
Management
Finance
Totals
Charitable activities
2,211
401
248,675
251,287
Support costs. included in the above. are as follows:
2024
Charitable
activities
2023
Total
activities
Sundries
Bank charges
Trustees, remuneration etc
Legal & professional
Independent examinels fees
2,211
401
1,913
245,100
1,662
404
607
16,393
1,662
251,287
19,066
Page 10
continued...

The Ennismore Charitable Trust
Notes to the Financi81 Statements - continued
for the Year Ended 5 A
ril 2024
TRUSTEES, REMUNERATION AND BENEFITS
No trustee received any remuneration during the year under review.
Trustees, expenses
Trustees were reimbursed £1,913 travel expenses during the year (2023 . £607).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
IIYCOME AND ENDOWMENTS FROM
Investment income
93,477
EXPENDITURE ON
Charitable activities and support costs
Charitable activities
1,494,066
NET INCOMEI(EXPENDITURE)
(1,400,589)
RECONCILIATION OF FUNDS
Total funds brought forward
11,036,743
TOTAL FUNDS CARRIED FORWARD
9,636,154
FIXED ASSET INVESTMENT
Unlisted
investment
MARKET VALUE
At 6 April 2023 and 5 April 2024
NET BOOK VALUE
Ar 5 April ?024
At 5 April 2023
There were no investment assets held outside the UK.
Fixed asset investment comprises the value of l ordinary share in 27-28 Ennismore Gardens Limited, a company
incorporated in England & Wales. This company owns the freehold to the charity's investment propeity.
The share 15 valued at par value of £1 each.
Page I
continued...

The Enni5more Charitable Trust
Notes to the Financial Statements- continued
for the Year Ended 5 A ril 2024
INVESTMENT PROPERTY
The investment property comprises a long leasehold interest
The charity also holds one share in 27-28 Ennismore Gardens Limited which company has the ownership of the
freehold.
The lease gifted to the charity was for the unexpired term of 999 years and was originally grdnted on 13 April
2012 at a peppercorn rent save that the freeholder reserved the right to render service charges to provide for the
Maintenance of those parts of the building over which that interest exlended.
The lease had been subject to a 10 year occupational underlease under which the rent was reviewed annually
in line with the movemenl in the retail price5 index bul. following the death of the owner of that underlea5e, his
executors exercised their rights to terminate it.
Following the deterniinalion of the underlease. the mistees believe that the open market value of the flat with
vacant possession is currently in the region of £1.300.000.
Fair value at 5 April 2024 is represented by=
Valuation in 2024
1,300,000
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
126
io.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
1,685
1,685
MOVEMENT IN FUNDS
Net
movement
in funds
At
5.4.24
At 6.4.23
Unrestricted funds
General fund
9.636.154
(961,329)
8,674,825
TOTAL FUNDS
9,636,154
(961,329)
8,674,825
Net movement in fund5, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in ￿ndS
Unrestricted funds
General fund
283.692
(1,245,021)
(961.329)
TOTAL FUNDS
283,692
(1,245,021)
(961,329)
Page 12
continued...

The Ennismore Charitable Trust
Notes to the Financi31 Statements- continued
for the Year Ended 5 A ril 2024
MOVEMENT Ity FUIYDS- continued
Comparatives for movement in funds
Net
movement
in fl￿dS
At
5.4.23
At 6.4.22
Unrestrieted funds
General fund
11.036.743
(1,400,589)
9.636,154
TOTAL FUNDS
11.036.743
(1,400.589)
9,636,154
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Movernent
in fi]nds
Unrestricted funds
General fund
93,477
(1,494,066) (1,400,589)
TOTAL FUNDS
93,477
(1.494,066) (1.400,589)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
5.4.24
At 6.4.22
Unrestricted funds
Generdl fund
11,036.743
(2,361,918)
8.674,825
TOTAL FUNDS
11,036.743
(2.361.918)
8,674,825
A cu￿ent year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
377,169
(2.7i9,087) (2.361,918)
TOTAL FUNDS
377.169
{2,739,087} (2,361,918)
Page 13
continued...

The Ennismore Charitable Trust
Notes to the Financial Statements- continued
for the Year Ended 5 A
ril 2024
12.
RELATED PARTY DISCLOSURES
There are no related party transactions requiring disclosure in these accounts.
13.
ULTIMATE CONTROLLING PARTY
The charity is controlled by the trustees acting as a single body.
Page 14

The Ennismore Charitable Trust
Detailed Statement of Financial ActiTr ities
for the Year Ended S A ril 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacies
Donations and legacies
3,615
Investment income
Service charges payable
Deposil account interest
(16,048)
296,125
(23.323)
116,800
280,077
93,477
Total incoming resources
283,692
93,477
EXPENDITURE
Charitable activities and support costs
Grants to institutions
938,734
1.475,000
Other
Payment to vacate
55.000
Support costs
Management
Sundries
2,211
Finance
Bank charges
401
404
Governance costs
Trustees, expenses
Legal & professional
Independent examinels fees
1,913
245.100
1,662
607
16,393
1,662
248,675
18,662
Total resources expended
,245,021
1.494,066
Net expenditure
(961.329) (1,400,589)
This page does not foTm part of the statutory financial statements
Page 15