ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
UNAUDITED ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Alex Timpson
Tr￿frt

ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report forthe year ended 31 March 2024
Adminlstrxtlve infoTni#tion
Trustees
The tru8tees dknring the year were a5 follows..
Sir William John Anthony Timpson CBE
Mr William Jarnes Timpson OBE
Mrs Louise Appleby
Chaimjan
Regist¢r¢d Charity Number 1174098
Registered 8ddres$
Timpson House
Claverton Road
Wythenshawe
M23 9TT
Bankers
Natwe$t
19 Market Street
Manchester
MI IWR
Independent Examiner
JA Fox FCA
l Tintern Avenue
Flixton
Manchester
M416FJ

ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
The trllstees preseni their annual r¢port and financial statements of the eharity for the year ended 31 March
2024. The financial statements have been prepared in accordance with the accouniing policies set out in note I
lo the financial statements and ¢omply with the Charities Aci 2011 and the Statement of Recommended
Practice.. Accounting and Reporting by Charities {FRS 10?).
Strncture governAnte rnanagement
Th¢ Trust is a registered charity, numE¢r 1174098, and is forn]ed under a Constitution dated 3 July 2017. The
t￿￿te¢S who have served during the year ar¢ 5¢t oui on page l. The fTrst trustee8 were.%electcd hy the f.hair trb
reflect a range of skills and experience. Future trusiees will be identified and appointed by the continuing
trustees. The Constitution provides for a minimum of i trustees to a M￿lMuM of 12 trnstees, with any future
trustees to be appointed to serve for 3 years. The induction process for new tN5tees includes an initial
Meeting with the Chair and other tn￿let$ and 211 trustees are given a copy of the Constitution and the latest
annual report.
At iheir quarterly meetings, the tm#ee5 agree the broad strategy and areas of activty for the TrusL including
¢onsiderdtton of grant making, ￿ServeS and risk management policies. The day to day administration of
grants and holiday home places is delegated EO one of the trustees and tht &dtninisirator. Decisions are mad¢
by a Tnajority vote of ihe tru$t¢e$.
All trustees (who cornpris¢ the key management personnel) give of their time freely and no tNstee
reTllunerdtion was paid in ihe year, other than as diwlosed in note 4. Related paty transactions are diselosed in
not¢ 13 to the accounts.
Risk managefflent
The trn5tees have considered th¢ major risks to which the ¢harity is exposed and have reviewed those risks
and established systems and procedures to manage them.
Objects and #etivitie5 for the publlc benefit
The objects of the Trust are to support ¢hildren. young people and their families who are in need by reason of
financial hardship, ill health. disability or other disadvantage. The current focus of the Trust is on those who
are, or have been, in the care system with a focus on attaCh￿ent and having the objective of making every
school in the ¢ounty attachment aware.
The tntsiees ¢onfirni that they have refrrred to the guidance contained in th¢ Charity Commission's general
guidance on public benefit whet] reviewing the Trust's aims and objectives and planning future activities and
setting the grant making policy for this year.
The Tn￿1 c&rrie$ out these objects by:
Offering free holiday home places to foster families.
Promoting attachment awareness in schools and in the gen¢ral public throu￿ the distribution of free
books for teachers, other profrssionals and parents on attaclllnen¢
Supporting research into an&¢hment:
Encouraging more people to become foster carer5"
Funding res¢ar¢h into ways to streamline children's social services
Offering bursaries to sch(Kil3 for enriehtnent activities; and
Offering one off grants to small ehartties working with children and young people.
AchiewemeDts And performwnce
Our main source of donaiions is from tin collections irt the Timp50n Group branches. During th¢ y¢4r we
received donations of £347,000 (2023 - £315,000) from these tin collections which is a ph¢nom¢nal amount
and we would like to tAk¢ this Op￿rn￿lty to thartk the customers of the Timp50n Group for their continued
support and generosity duTing these times of economic uncertainty.
These donaiions enabled us to send 135 (2023.. 11 l) foster families on holiday during the year whilst
continuing to supwTrrt research and training in attschment.

ALEXTIMPSON TRUST
CHARITY NUMBER 11741198
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Future plans
We will ¢ODtinu¢ working to spread an awarenes5 of atta¢hment to all s¢hools in the county and promoting
foster ¢aring. We are foeussing on inCre￿ing our profile on so¢ial media and also nettvorking with various
ortsani5ations, local authorities and foster aLTrenci¢s Wlth the aim to be abl¢ to send even more fosier families
on holiday.
Financial review
Inrome/ e.rp¢NdiThre
Th¢ Trust recognised income of £357279 in the year. This mostly comprise5 collection tin income from
Tirnpson group stores.
Collection tin income
Other direct donations
Bank interest received
346.828
7.680
2,771
We ¢ith¢r spenL or have committed, £345.134 of those donations on the following
Grants awarded to children's c]wities
Grant awarded for research
Grants awarded to attachrnent related charities
liental of holida homes for foster families
Chari
rnnnin
costs
94,955
15.000
29.988
179.901
25.290
345,134
Balance sheer
The Trust net assets of £272,990 (2023- r260,845).
Reserves
Reserves at the y¢ar end are £272,990. The Trust has sufficient assets to tllett all contracted liabilities at the
balance sheet date.
ReseTrvexpolicy
The trumees will ensure that the Trust has three months of forecast expenditure in its reserves at all times and
six months when possible. Forecasl general expenditure for 2024125 is £365k, so there is more than 6 months
forecast expendithre ¢urrently in free reserves. The trnstees will be looking to make donations in the coming
year to furtheT Utilis¢ this reserves level.
JKves¢menipolicy
The tru5t¢¢s have an obligation to secwe the best financial rethm within agreed levels of risL As most of the
charity's funds are spent in the short tern) it leaves few opportunities for long¢r ¢¢rrn investment as the
trnstees would always wish to have a lev¢1 of availabl¢ fvnds to meet the obligations as they fall due.
Signed on behalf of th¢ trustee5
Sir William John Anthoiry Timpson CBE
Date Il 2cJZ Ltr

ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
ANNUAL REPORT FOR YKAR ENDED 31 MARCH 2024
Indepeodent esaminer's report to the trnitees ofAleI Tlinpson Trust
I report to the tNstees on my examination of the accounts of the Alex Timpson Tntst {the Tn￿1) for the year
ended 31 Mawh 2024 which are set INJt on pages S to 13.
RespoMibililie5 and basis of report
As the charity trustees of the Trust you are restx)nsible for the prep8r&tion of the ac£(xmts in accordan¢e with
the requirements of the Charities Act 2011 ('the Act,).
I report ill respect of my eX￿inAtiOn of tbe Trust's ￿Unts Ca￿led out under section 145 ofthe 2011 Act and
in carrying Out my examination I have follow¢d all the applicable Directions giv¢n by the Charity G)mmission
under section 145{5Xb) of the Act.
Jndepeldent examiner'8 81*t¢m¢nl
I have completed my exwnination. I ¢onfitrn that no material matters have come to my attention in connKtion
with the exan)irkation ￿VIng m¢ ¢au8e to bdi¢vt that in aDy Mat￿la1 ￿$peGt.'
. accounting records-were ttot kept in r¢sp¢¢t of T[l￿t a8 requifed by seotlon 130 of the AGL or
2. the accounts do not a¢¢ord with thos¢ rKord5.' or
3. the accounts do ¢omply with th¢ 4ppli¢able iequiretnents concerning the form and content of accounts
set ojt in the Charities (A¢coutrts and R¢ports) Regulations 2008 other than any requirement that the acc(xmts
give a'tNe and fair view wbi¢h is not 4 matter ¢on5idered as part of aTh independent examination.
4. the acctyjnts hav¢ not been prepared in accordance with the methods and principles of the Statement of
lieomnmended Practice for accountinB and r￿oning by tharities (applicable to charities.preparing their
accounts in accordanc¢ with th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102)).
I have no concerns and have aGr055 no other matters in connection wtth the examination to which
attention sh￿Id be drawn in this report in Ord￿ to enable a proper understhndillg of the a¢¢wnts to be
reached.
Signed.
JA Fox FCA
I Tintern Avenue
Flixton
Mallchestet
M416FJ
Date". 24 June 2024

ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Note
Unrestrlcted
Funds
Restricted
Funds
2024
Total
2023
Total
Funds
In£ome
Donations
354,508
2.771
354.508
2.771
424,304
1.326
Bank interest received
Total
357279
357,279
425.630
Expendlture
Charitable Adivitie$
31415
1345,134)
{345,134)
(445,865)
Totsl ExpeDditure
{345,134)
(345,134)
(445,865)
Net mov¢ment in futtds
12,145
12.145
(20.235)
Total fi￿d$ brought
forward
260,845
260.845
281.080
Totsl funds carried
fonyard
272,990
272,990
260,845
All fimds in l)oth years are unrestricTrd funds

ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
BALANCE SHEET
AS AT 31 MARCH 2024
Note
2024
2023
TANGIBLE FIXED ASSETS
69,220
77,057
CURRENT ASSETS
Cash at bat)k
Debtors
245.873
14.309
327.673
11.650
260,182
339,323
CREDITORS
Amounts falling due wtthin one yettr
16,412
135,535
NET CURRENT ASSETS
243,770
203,788
TOTAL ASSETS LESS CURRENT
LIABILITIES
312,990
280,845
CREDITORS
Amounts falling due after more than one year
40,000
20,000
NET ASSETS
272,990
260,845
RESERVES
UnrestrEcted generdl funds
Unrestrided designated ￿ndS
272.990
260.845
TOTAL RESERVES
272,990
260,845
The financial statements were approved by the trnStees on I l 2(rz4 and sI￿¢d on their
behalf by:
Slr Wllliam John Alltbolly TlmpsonCBE
T￿Slee Cb*irm*
Mr Willixtn Timpyvrt OBE
Trustee
The noies on pages 8 to 13 form part of these fmancial statsrnents.

ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
ANNiJAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Net incomel(expenditure) for the peru)d
12.145
{20235)
Adjustments for.
Depreciation
(Increase) I decrease in debtors
(Decrease) in creditors
7,837
(2,659)
(99,123)
,306
69,938
{5,625)
Net cash (used in) /provided by operating
aclivities
(81.800)
45,384
Cash nows from investing activities
Payments to acquire tanrwible fixed assets
(78,363)
Change ID cash and cash equivalents
(81.8CN))
(32,979)
Change in cash and cash equivalents
Cash and cash equiyalents brought fonvard
(81.800)
327.673
(32,979)
360.652
Cash and Cash equlvalents earned forward
245,873
327,673

ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 21124
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES
1.1 Basis of preparing the finaneial statements
These financial stat¢m¢nts have been prepared under the histori¢al ¢ost ¢onv¢ntion with i*ms
recognised at cost or transaction value unless othenvise srated in the r¢levant notes to th¢se Financial
Sthiements. The financial statements have been prepared in accordance with the Statement of
Recommended Practice.. Accollntinrw 2nd Reporting by Charities preparing their accounts in
accordan¢e with the Financial R¢porting Standard applicable in the UK and Republic of Ireland (FRS
102) aT]d Charities Aet 2011.
Th¢ Alex TiTnpson Trust constitute5 a public benefit entity as defined by FRS 102.
The cu￿ent accounting year rnns frorn l April 2023 to 31 March 2024. The comparative period is for
the year ended 31 March 2023.
.2 Going concer
There are no material uncertainties related to events or conditions that may cast significant doubt
u￿n the charity's abiliry to continue as a gotng concern. Our major corpordte donor. Timpson
Lirnited intends to allow the charity to keep collection boxes in its stores (which are our major
income source) for the foreseeable fuNre. We have looked at a period of at least 12 months from
the date of signature of the accounts tn conSider￿g going concern.
IJ Fund 8e¢ounting
Unrestri¢¢ed funds are available for use at the discretion of the trnStees in furth¢ran¢e of th¢ general
objectiY¢s of th¢ charity and have not been designated for other purposes.
Designated unrestricted funds are desI￿ated for particular purposes by the trust¢¢s.
1.4 Income
All income i5 included in the Statement of Financial Activities when the Charity has entitlernent to
the funds. probability of receipt and the amount can be mea5UTed with sufficient reliability. Income
from tin donations is r¢coL7nised when the funds are received into the Trust's bank ac¢ount.
1.5 Expenditure
Grdnts payable are charged in the year when the offer is made except in those cases where the offer
is conditional, such ￿artt$ IKillg recognised as expenditure wheD the conditions attaching are
Ifilled. Grants otTered subject to conditioJ]s which have not be¢n met at the year end are not
acCn￿l as expenditure.
Expenditu￿ 15 re¢ognised once there 15 a legal or ￿nstr￿liVe obligalion to mak¢ payment to a third
party, il is probable that settlement will be required and the amount of the obligalion wi be
measured reliably.
All expenditure is accounted for on an accntals b&si* All expenses including supwrt costs are
allocated to the applicable eXp¢nd1nL￿ headings and activities of the charity.

ALEX TIMpsof4 TRUST
CHARITY NUMBER 1174098
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
NOTES TO THE FINANCIAL STATEMENTS {continlled)
ACCOUNTINC POLICIES (continued)
1.6 Cash at bank and in hand
Cash at bank and in hand in¢ludes ¢ash and short terni highly liquid investments with a short
mHtiiriry Trf thre.e. mnnths nr le$8 frnrn the dxte nf acqui%itinn or opening of the deposit or similar
account.
1.7 Tax4tion
The charity is a ￿giStrred charity and based on the activitie5 undertaken 15 not liable for UK
¢orporation on its ¢haritabl¢ activities.
The charity wa5 not VAT registered and therefore all expenses ar¢ inclusive of any VAT which
cannot be fully r¢¢over¢d.
VOLUNTARY INCOME
2024
2023
Branch collection box¢s
Other donations
346,828
7,680
315.436
108,868
354,508
424.304
3. CHARITABLE ACTIVITIES
2024
2023
Grants made to institutions
Rental of holiday homes
Attachment awareness events
Purchase of books
109,955
179,901
29.988
225,387
153,057
38,4¢X)
1,870
319.844
418,714
Grant
Family So¢i¢ty
Other charities and schMIs
15,000 Grant awarded for research
94,955 Various projects
109,955

ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
NOTES TO THE FINANCIAL STATEMENTS (continued)
4. SUPPORT COSTS
2024
2023
Travel
Bank charg¢s
Consultancy fees
Independent examination fee
PrintIn￿postag￿$l4IIon¢ryne8flets
Sundry
Depreciation
461
68
.875
2.225
3.633
9.394
1.306
83
2.225
6,071
7.837
16216
18,962
During the year eX￿nSeS totalling £nil were paid to no trustees {2023 - £132 to I trustee) to reimburse
IheTll for trdvEI and accornrnodation ¢xpenses incurred OD behalf of the charity.
Related party transactions are disclosed in note 13.
5. COLLEAGUE COSTS
2024
2023
Wages & salaries
9,074
8,189
9,074
8,189
The average rnonthly nufftber of colleagues during the year was as follows..
21124
2023
Nufftber of administrative colleagues
No ¢olleague rX¢iV￿ r¢muneTation amounting lo moTe than £60,0￿ in the year (2023- none).
10

ALEX TIMPSON TRUST
CHARITY NUMBER 11741198
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
NOTES TO THE FINANCIAL STATEMENTS (eontinued)
6. TANGIBLE FIXED ASSETS
Short
leasehold
COST
As at l April 2023
Additions
78,363
As at 31 March 2024
78.363
DEPRECIATION
As at l April 2023
Charge for the y
1,306
7,837
As at 31 March 2024
9,143
As at 31 March 2024
69.220
A$ ai 31 March 2023
77,057
DEBTORS
2024
2023
A￿rUed income
Debtors
Prepayments
14,209
11,650
14,309
11,650
8. CREDrroRS within one year
2024
2023
Accruals
16,412
135,535
16.412
135,535
9. CREDITORS due after more Ib#n one year
2024
2023
Accruals
40,000
20,000
40,000
20,0
Creditors due after more that] one yearrelate io the final year of bws8ry due to NWA Trust- Delamere
and a donation to Festival of Sport.

ALEX TIMPSON TRUST
CHARJTY NUMBER 1174098
ANNUAL REPORT FOR THE YEAR ENDED31 MARCH 2024
NOTES TO THE FINANCIAL STATEMENTS (continued)
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Total
runds
2023
Total
funds
Unrestricted
funds
Rtstrieted
funds
Tangible fixed assets
Net current assets
Long tertn cr¢ditors
69,220
243,770
(40,(K)O)
69,220
243,770
{40,(100)
77,057
203,788
(20,000)
272.990
272,990
260,845
11. MOVEMENT IN FUNDS
Brought
forward
At 01.04.23
Income
Expendi¢Nre
Trnth$f¢r
Carried
forward
At 31.03.24
Unrestricted general fvnds
UT)restricted desiwted funds
260.845
357279
(345,134)
272,990
Tot&1 Fllnds
260,845
357.279
(345.134)
272,990
The ¢arri¢d forward general funds are forecast to be spent within the next twelve months.
Brought
forwxrd
At 01.04.22
Ineome
ExpendSture
Transfer
Carrled
forwgrd
At 31.3.23
Unftstri¢ted general funds
Unrestricted d¢signat¢d fvnds
281,080
425,630
(445.865)
260.845
Total Funds
281.080
425,630
{445,865)
260,845
12. OPERATING LEASE COMMITMEiYrs
Ai the balanc¢ Sheet dat4 the TnLSt had annual commitments under non-cancellable operating leases as set out below..
Land and buildings
2024
2023
Operating leases whi¢h ¢￿iT¢.
Within one y¢ar
In the second to fitlh year
Over five years
70,560
214.800
214,800
70,560
The leaw were renewed for 4 three year agreement with a three month notice period by either party.
12

ALEX TIMPSON TRUST
CHARITY NUMBER 1174098
ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
NOTES TO THE FINANCIAL STATEMENTS (eolltlnued)
13. RELATED PARTY TRANSACTIONS
Two of the trusi¢es of the Alex Timp50n Tn￿t are also directors of Tirnpson Limited.
The ¢harity's mail] sgur¢e of donations 15 from tin collections in the Timpson Group branches. During
th¢ donations of £346,828 were received (2023- £315.436) thes¥ lili LoII¢LLioiis.
ln addition, during the 2023 year end Timpson Limi¢ed donated £90,(N)O lo the Trust.
The Trust rents holiday hoTne properties which ar¢ owned by Companies in the Timpson Group. During
the year £70,647 {2023- £70.560) was incurred in this respecL
During the previous year an amount of £1,875 was expensed in the Statement of Financial Activities in
respect of charges made by EIiz21Kth Harlow, a trustee (to 31 December 2022). in respect of professional
consultin8 work.
13