Ch•rfty reg18tratioTr number 1178891
SARAH'S TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Caladine
Chortered Certified Accountants

SARAH'S TRUST
LEGAL AND ADMINI8TRATniE INFORMATION
Tr￿ts
Duchess S Fergu80n
Dr R Y Kh￿￿16
Mr8 D H8Te
Cha￿ty nwnb•r
1178691
Prfnclp•l addr•B•
318u¢k1•rs￿Jry
Httch
Hertfordshlre
SG5 1BG
Ind•pond•nt •Mmln•r
John Caladlne FCCA CTA FCIE
Caladlne Llmlted
Chanlry Hou88
22 Upperton Road
EA$tboume
East Su888X
8N21 1BF

SARAH'S TRUST
CONTENTS
P•g•
Tfu8te88' rtport
Independént wmlne¢# report
10
Slat•m•nl offinandAI 8thrftl88
Stat•ment of fin￿da1 p￿¢tIon
12
Not•8 to thg fflnanclal 8t•t•rnntB
13-17

SARAH'S TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MA Y2024
A moBgay from our faund•r
Empoworlng people •nd protseilng our planet
18rn d911ghled to present thè 2024 edltlon of our annual report vknl¢h hlghll9hts the ploneering pr*cts that Sarah,
Trust has supported this ￿ar. The impact of our giving13 globol In ￿le, but exceptionalty personal in tts Inlenlbn
and delivery. Thi8 ye8r the Ivvstee6 and I havo f&M 8 renow8d comrnttrmnt to ijoing ¥that ￿ can lo champfv)n
charftiès and Ofganisallon8 th018w $upporlng the m08t vulnerablo Ind￿idual8 and communHl&s around the wortd.
and to those who are workkng to gmpllfy the qulel volce of Moth•r Nalure. I feel Strongly Ihat my generatson has 8
resth)nsiblllty to hand a sustainable planet on to our grandchildren. Al around. It ge&rns lo me th81 our pLqnel 1$
trylng to 8pe8k to us. W8 don'tlust need lo Ilst8n.' we need to spo8k up for her and act.
In further8rKe of Ihbs aim. l atteThJèd York Clnwta Week Ènd co-chalro(l thè Global Cllken Now ¢￿￿rence In
Melboume. I pgruclpaled In vital Interganeralonal conver88ll¢ns ￿th youn9 leaders frorn 8cros8 the Asia-Pad
teglon who are dolng fronlllne, gr888roo18 work to addro88 the dlmate cri818, the hunger crtsls, the education of
glr18, and Is8Ue8 perpelu8llng cyd•$ of extreme p)v8rty. l aim 1¢ serv? 08 a brkjge betsveen gtrnernlon$ io we can
a￿￿rat0 our collectlve actK*n$ toward 0 8U8talnable futur¢. Young people have had enough and want change. My
98n8Tgtlon has falknd them thu$ far, trNJt we can dwng• that, and my IKJpe i¥ t￿1 Sarah's Tw$1 can play a 8mall part
in drlvlng that change.
In AprA, I vlslttd SAmoa %there I had Ihe of meetlng wtth INty hwrgtlonal IndlvhJuaL8 end gra88rc
organ189llon8 Involved In wasle ryevenuon and youth davelopm&nt prole¢ts. Collectivety they are finding 8olution8 10
flght climate change and xodal Injustice in Ihelr communill&$. It was truty humbllng lo vAtn888 Ihelr re8111gnce and
entrepreneurkql splrft In the face of huge ¢h811gng&s. You can road moro about the brilliant work eArded out by Ihe
188m at Brown Girl Woke and Realize Impact later kn thls report. I w88 80 struc* by thelr 'c4n do, approath lo
oddr•8￿ng the ￿818ftd anvlronmenlal Problèms on Ih? Island, and I wa8 d•¥ghlod lo be able lo fdbw through
wllh rry prom188 lo help fund thelr work through tho trust.
A8 well as awardlng fingnclal grants through th• Iw8t. l om ccfffflNted lo dolng wh91 l ean to ra18e awarene$s of
188ue8 that gre dose lo ry he8rt. A$ has been well documonled, I havg faced my own battle wlh brègst eancer and
$kln cancer over the past 8Sghleen months. Sln¢tr thon, I havg endeavoured lo my èxpertence aB 8 platlom) lo
encour89• womon to m8ke thelr body a prlorty, and to Seèk help as soon as ihey feel that 6omelhin9 Is not right. 11
W88 o pl8asure to be guest SP8aker 8t the Forelgn Si8ter8 lunch for can￿r Research UK kn May, and to118ten to Iho
1ncradll￿e women who rals• fund8 to a¢fvance plon•8rlng Kagnlfk rt808rth Into 8e&%frng cures lor many types of
cancer.
I Ilmily belbve Ihat whon women come loJelher • collgclfva Intents)n, maglc hgpp8n8. Th18 h&￿ned for n
and 200 woman from around the wortd at the Women Ch8nglng thg Worfd Awards In London thls year. I waB
d¢llghted to host Ihe •venl wlth nry dear frfend Dr TereTai Tront, whose strong bel￿ that edUCat￿n Is the p8thw8y
cwjt of povety h88 translated into her org8nl8allon supportlng 6,rK)0 81udents lo attènd tr￿1Ve 8¢hoo18 In ZlnknbMTr.
Atruty oulstandlng achievement.
The awa￿$ 0￿81 to c81obrate Incredlble wom8n Ilke Dr Tereral Trent who are maklng a p08rf1ve dLY•r•nee In the
wortd o¢ros$ a range of Indu8trK•¥ IndudSng business. 8uslalnAbllty. 18adership, h&8lth, education, product
dèvelopment, knnov811on. 8nd technology. The event connectgd dlverse fernale le8dtrrs who were all united by thèir
passion and ¢omNwbnfrnt to making th8ng• for good. Thi5 passion èxténds Into the work of Sarah's Trust. and thlB
yaar we hove shown OUT 8upf4)rt for Inmallves such as The M8rylab)ne PTdect and Yemen R¥l*f, both of which are
undertaklng hugety iuyortanl work lo protect the rfghts of, and Improve career opportunltle8 for, women In thelr
respedwe counlrieg.
Finally. I wouhl lik• to extend heartfèlt gr8lMude to my fellow trustees and to the generous donors who have
supported the wort of Sarah's Trust g￿r tho past year. Togelher we made 8n indeli￿e impact on the IlveB of
individuals gnd commvnrti•$ around the worfd. I close Ihls year wth gralitude and love for the people and projects
that Sarah's Twsl h9$ had the horrf)ur of sUPPQrtln9 and look ahead r•n•%%*d passion and enargy for whot we
can a¢hieve In fiJIu￿.
Yours faithlully
The Duche8$ ofyork
Foundèr of Sarah'5 Trust

SARAH'S TRUST
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MAY2024
The truBts88 prg8ent tslr an￿al report and flnandal stat8m•nt£ for the year •ndad 31 May 2024.
Th• fln8ncial 8talements have been prepargd In aCc￿rd8n¢t wbth tho accoUnt￿g poliae8 set out In Th3te 1 to the
financAal statements and comply wilh the Tru81'8 ¢onslliutlon, the Ch8fTtles Act 2011 8nd'Aceounting and Reportlng
by cha￿￿88.. Statement of Reujfnmended PracOc¢ 8ppllcabte to c*arltle6 preparfng th81r account8 in 8ctordAnce
wfth th• Financial ReporbNJ Stsndard 8pplThb18 In the UK and Republlc of IreLqnd IFRS 1021" leffecfve l January
20191.
ObJoetlv•g and actlvlU••
Sarah'8 TIu8t has three prlmary obl8dves.'
11 To Introdu¢6 phllanthroplsts lo cauBe8 that neod fvndkng •nd ¥￿pOrt to crea1• imp•¢l(ul and suslalnable ch&ngt.
11 do thls by..
a. Identlfying Od1¢￿ ¢enlred and ￿dence ba88d NGO8
b. Developlng and managlng In-¢ounlry programmes
¢. Awardlng grant8
d. Supportlng the most Imp8ctlul'80ckg1 enlerpwO30' InnovaUon$
ill 8ulld capablllty.- To provlde 'gift In klnd, expert158 from our worfd4088 team of 8xptrrt8. Th18 team provldeB
leader8hl), mentorlng gnd d8dlcat8d staff lo bulld cap8blllty gnd to share 6k1118 and best prackn. They help to bullil
co81 effect￿9 Infrg8tructureB to help e8tsbll8h fju¢Ce$sft￿ 80dal enterpi188,
1111 cteata aworéness: To tyulld 8wgrenesB and publlclse c8mp8lgn8 through our n&ts¥th of Ihought leader8 and
bu8ln888 leadern, to hlghllght186u86 that neeij to b8 brought to the fornfront of the publlc's attention.
Publk b•n•fit
Th• IN8109s have p8ld due regard 10 guldar￿a on publlc bor*fil IMu•d by tho Charfty Conmlulon In d8ohlln9 wh•t
odlvllig$ the Trust 8hould undert8k8.
A¢hlo¥•m•nts •nd p•rlornMnc•
For the pa81 five years SarAh's Trust has b8en on • mI￿10n to create Impa¢AfvI and 8UStalnoble change forforgottgn
woff￿n, chlldren, cornrnuni1108 ¥ntJ envlronThnt8 around the world. Sinc8 tts Igunch, Sarah's Trust h9$ supported
ov&r 50 organiBalkJns in over 25 counlrfes and improved the li￿$ of thousands ol peoplè. Thè tru8t acts As a bridge
betsfftn Indivldu818 who ¥￿Sh to gfve philanthrop*8lly bui do not have the Ilme or oxpertise to eslabli8h and run
thoir own grant moklng foundotlon$. acl on their behair to en8ure that fundlrtrJ gets to th& people gnd place8
vth•re needed the M￿1.
In¥pirad and led by The Duc*t&8s of York, the trustee6 seek out 8thon centred chaTltb6 and organls8tlons Ihat are
strfvkng to address 8om& of sodety's most pressing problems. The Irusl is particularw ￿mMItted to those working al
gra88Toots levol, on the ground alonoslde th0￿ kn need ol help. We look for prolacts where wo can add valug. and
th81 can bg 8c8led up to make 8 fijndamontsl and sustsinable drfferen¢8 to the maximum numbÈr of people.
Thts tru81 undèrt8ko8 due dlllgence chocks on b&noffidad&B and monitors the progress of the project8 that we fvnd.
We 8ppr8d8te that some thing8 don't aws go to plan, and we adopt an 5ndividual and person818pproach to our
glvlng, working In p8rtner8hlp wlth grant reclpienls to gngble them to carry out Iheir vnrk as efficydnty and
effeclivety 8$ po8glble.
A5 well as chairing th• boord at Sarah's Trust. The Du¢he8s of York continuès In her rof8 as global arnbass8dor ¥nd
patron lo mU￿PIe organisatlons acro8s Ihè globe. In October the V Found*ion hOr￿ured the Duthw's work by
laun¢hing th8 Sarah Fergu8on V Scholar Grant for Breast Gancer to advance ground-breaking medlcal research
Inkn the disease. L8t8r In the year The Duchess of York wgs humbled to receive lh8 Red Cross Inlemational Award
for her (x)ntributlon to hum8nitaii8n work, during her acceptance speech she paid 3peci81 attan￿on to ralslng
8warene6s of vioknce against women.

SARAH'S TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MA Y2024
Th18 annual feport hlghllohl8 som of the charities and or9anlsa1￿nS that raceNed support from S8rah's Twst
In th• past financial yoar. The trustees have Bought to strike a balance bets¥aen fundkng chairtles that are dellvering
urgent hum8nltarf8n aid In cri818 affected waas Such as MoTOC¢O, Myanmar and Yemèn, and those that are worklng
tirelessly to address ongoing socLql and environmental188ue$ s￿h 88 homeles8￿$$. plgsdc pollu￿On, and access
to •duc4tion.
M•dlcal MIMSon Sl•ter•
Thls year Ihe trust has offered mu¢h needed lund8 to the Medi¢al Mlsslon SislerB in V•n•zuela, to expand their
work ￿th vulnerable and marginallsed children Iwing in tho $h8nty tovm8 in Barqulglmato. The grant has en8bled
8d8PtatKsns lo Iholr Laudos. studlo, and new muskal in8truments h8v& b•6n purchased lo gfve chlldren th
opportunty lo leam lo play the keyboard. gurtar, and p8rcus8ion Instruments. The project h88 kn¢reased118 OUtre8¢h
frorn supwrting 45 to 120 Chlldren gnd they art enloylng th8 experienc8 of Showlng off their tAl•nt$ In regular
p8rfomMnc88 vAlhln thelr communlti8&.
Thè ¢hgrty a180 run8 radlo programm88 brlnging mèssag9$ of hope. lrfe and p•ace to li81enern au088 Venezuela.
Thg radlo broadca3ts h8v• g￿en opportunlti&$ lor $elecaed thildren to grow In 8eW•confftlence and bellef and lo f¢•1
¢mpowere(l. One Ghlld chose to tell the Insplrfng story of Malala, 8nd anolher shared her r•88arch on Moth•rTere80
of Calcutta wh08e Ilf8'3 wor* h88 moknvated hey to 8pre8d hop6 around thè wortd.
Fund8 havo also hew the 818t•fS and volunteer8 to •xt¢nd much needed outreath to famlll88 Imnq In In tho
PJOW81 areaB ol tho dty wh•r• povety and hunger18 rlffr.
'W8 are most gr8t&ful to S8r8h'$ frn81 for glvlng ¢hildM In Von•zu814 th8 opportunity to take part In wbranl music
9mUPS 8nd offer them o safe h&ven aw8y fny?) the violence 8nd dmg8 on the str881s. Th8nks to the grant fmm
S8r8hs Tm81, our is fn)m strength to strength. Wg would like ft) &xpr&$s our heartfelt Ih8nks to Th
Duchess of YO￿ and the trust•88 for the Gommliment they have shown lo our mlsslon.. S18ter Malgualkla and th
S￿iety.
R•illz• Impact
When The Duchess of York b•¢arr£ a gr8ndmother, w•$ taken aback by Ihg 8heer volume of napple8 belng
d gnd dlsp088d of. She was curious lo learn mre and qulckly dls¢ov8red that nappk88 arn on6 of the Lqrge81
ttfrms contribullng to th• pla8tlcwa8te crf81s W>alty.
Sarah's Trust 18 suppo￿￿9 an knnovadve pla8￿C fre8 8olullon. Thts Gregter Good Dlap•r Pml8Ct, whlch 13 belng
Irl8lled In the South Pacmc. Tholr misgbn Is to end plastic nappy waste gbbalty through the developm8nt of
comy)$18blfj nappy &Kemalfve$ ond loglstiCS 3y3tem8 to •n811re 811 napplo8 can b8 collectsd and comp08tsd.
Starllng in Ihg South PacrfK l¥land nation of Samoa, The Grè8ter Good Diaper Project Ss ￿lotIng the world's fir8l
lty compostable nappy, ¢ory)lole wth colleclk)n 8nd composung 5ervi¢e. Wllh napp18s occounting for over 30% 01
household waste in SarNJa, thls solution not onty has lh8 potentkgl lo ellmln8te over 35,OC(J.000 plastlc napp1•6 trom
the waste 8tro•m, bth tt wlll al80 ueate nutrl8nt rich 8011, replenishlng the earth.
Thp Greater Good Diaper Project cLJllaboral88 ¢Jire¢ty wlth Mothe￿ 81 Community level, tts I￿118¢ solullon$. From
how napplps ar8 dellvered, colle¢t&d and composted, to cre8ling employment dèslgned lo brlng mother8 Into the
workft)r¢&. every aspecl of th8 project hoB baèn d881gnod through the femala lens. Together with Ihg Minlstryds in
Samoa, the lo121 team and pilot wllages are developlng a blueprint for 8yslem6 chang8 that i*n be Tolled out 8cro88
the region.
Sornh's Tru51 ha8 enabled the team lo empw local Btaff to ¢04108lgn and operatè lh& dellverlcolledjcomposl
mc*Jel, atyj the trustees are keen Io 890 $uch pkneering *vrk replicated in other ¢ountrles around the worfd.

SARAH'S TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MAY2024
lJlaml¢ Rellef
On 8th September 2023. a devastallNJ 99rthquake ￿th a mgnbtude of 8.8 stnKk the High Allas rnglon in Morocco.
The earthquake dalmed the* lives of over 3,CW peopl$ In tha proV￿CeS and munldpalltN?s of akHaouz, Marrakesh.
Ouarzazale, AzlLal, Chithaoua and Taroudant and impacted a total of 380.000 people acro58 Ihe ioglon. The
épOc8ntre was In the Hlgh Alla8 Mounl8ln8 9nd wa6 fvlt as tsr away asAlg8rla and Pothgal.
The earthquake CAused exten8fve damage, Injurfng over S,7W p8oplo 8nd dlspL4ctng thousands of families, as
enllro vlllag¥s were fiattened. Mud) of thè devastatlon cau88d by the gbrthquake impacted r8ftM)te vlllages wllhovt
the necessary Infr8slru¢ture for full-scale fescue and rellef efforts. Thousands of r8skl8nts were forced to use
whatev8r equlpm•nt they had In a desperatè bld lo roach those trapped undar the rubble, a8 damaged roads
ocked ambulances and h8mper8d rellefefforts.
500,000 p￿PIt aro now ex￿len￿n9 Intsmal d10p1a￿rn8n1 as a r88uII of th& 8grthquake and Ilve In f•8r of furlher
d&vastation 08 landslldes remln a threat In the wake of th• dlsgsler. Slnce the onBel of tha d1888ter. 18larnlc R$ll•l
has p8rtnered wfth loe41 humani18rlan org8n18allon$ lo dg1fv8r Immedlats rellgf and ongolng ahj to thos8 affecled.
Their te8m on the ground have dlslrtbut8d m8ttresso8. blankets. food par¢g18, hygiene kits, and t•nwor8ry 8heAor8
to suthors Ilving In the remte mountainous area8.
'Th8nk$ to support ol don8tlons, such as that from th8 tnsst. we hov8 b8en able to reach 44000 people 8¢10S8
100 vlllages with vlt81, iifg-$8ving 81d. We aro extr8mely touched and inspiTrd by thg in¢rgth"bl8 woth of Sar8h s TTUSI
whlch hew por)plg ffl wgrydifficultclrcumst4n¢86.'Tuf811 Hu888ln, Dlrector, Id8mlc R•U8f UK,
Fl•rc• Calm
Flerco Calm was sèt up by Dr L8• Watson wilh the ahn of m8klna the heallng polontlgl of yoga acceB8lble lo 811. Le•
and hi8 team del￿er and fvnd free yoga da88&& In $herterB and communlty 6pa¢oB for refugeeB, survivors of
tS)mestl¢ vlolence and 8uNlvorn of ¢onfll¢t oround the wortd.
Sorah'6 Tru¥l ha8 8UPPQrted Fierce Calm to Pro￿d8 tr8uma therapy & psytho-socS8l and emotion81 8UPPOrt to
Ukralnl8n amputees and ho8Mhe4r• 8tsff 8t rehab11ft811on hosplt810 In Lvfv. grant ha8 8180 8UPPOrted tho
dgllvery of Ihelr plon•ering traumb therapy progrAmme In partnership ￿1h thg Alllance for Publk H•81th at
'Habllllalion' in L¥￿. Tho centTe house8 8n Bsslstedladaptfve Ilvlng facllty where perm8nènlty Inju￿ dvlllan and
voleran patlants lèam thè 8klll$ that they need to regain their Indèpendence. To dal&. tho logm has provKled regular
88S8lons to ovèr 150 pg11&nt8 at Ukrninian reh8bll((Atlon ho8￿￿1$. and thelr •ffort$ conllnue a8 tho war pro9888 On.
ThelrvAJrt has been Com￿nded by Oksan8 Golovko, Head of PsYd￿￿9Y 8t Habllttalknn,.
8t l obsery& in p8118nts who aftendadatleast M clASS88 Is Ihat&*p nom81izg& S￿npt0fflS decr9￿. the
inten$ity of ph8ntom pains decTr8$6 (And in some G88es ttJ8y d1$8PP88r altogethw). Ih8lr morx* Improv￿ 8nd a
sens8 of tmst end $8wrltyls mslored.,
The grant has also enablèd the te8m to offor o freè onllnè yoga programme three lime$ a ￿ek to 811 Ukrainlans
displ8c8d by the war. Th1$ programm8 ha5 been attend•d by 600 diffe￿nI Indi¥idu819 over the past year, and the
F￿rce Calm 8ludlo In Lvlv gjnllnues to welcome women and chIldr￿ for yog8 $98slon$ ev8ry week.
St Matth•W• Church
Sarah'8 Trust has supported the Sl Matlhevl8 Chsjrch in Bumley for many year8, and this year lunds were gNen to
enabl6 chlldren from low-income farnllles to take a trip to tho theatre. In the lead up to Christmas, the thlldren 8n(J
their fami1*s w8r8 taken by bus lo Seè B88uty and the Beast. Many of lh8 chlldr8n had nevér bèen to the theatre
and thi8 axperlence was Incr8dibly spedal to them. Later in thg year. The Ouche58 of York personalty visited Ihe
thurch and had the honour of meeth'ng the famil¢es and chlk1ren who havt bènofitled frcth the support ¢)fferei1 by the

SARAH'S TRUST
TRUSTEES. REPORT {CONTINUED
FOR THE YEAR ENDED 31 MA Y2024
Having Trb DL￿eSS ol Yoflr vlsit peopl8 of 8uml&y was suGh 8 joy and ￿SpIratson Io us 8118t st M8ttlJ*s
chu￿￿. It was d8eplymoving and wondwfvl to see The Duchess me&lJ'ng the p8opl8 Ih8t S8rah's Tmsthas directly
supported. Through their continued support th8 Iwst is making a bw drfferer)c8 lo our local community, partiGul8rty
•t a Ilme ofgre81 difficulty 8nd Ghallenge. Fmm us all at St M8tthews, your support m&8ns tho wortd lo vs, wè èrn
immensely gral8fv18ndproud. Sar8h, ￿ 8nd8llyourÈeam are bnlliantl Frhjex FrosL Vbcar. St Matthews Church.
Th• Maryl•bon• Projeet
Thls year we are proud to 8UPPOrt th& Incredible work carrfed by the dedlcatad team al th• Marylebone Project
In London. The charfty tun5 London's only women'swonty drop4n homel8ssn08s servlce that Is open 24n. 365 days
year. Thelr SAnctuary18 8 gale naven for any womon In cri818, h&lplng them lo take th& firsl slep towards healing
from IheSr trauma. Many of the wornen u8ing the serv1￿ are fl¢eing dome8llc ￿0￿1nCe or sexual abuse and, as well
85 beds, they Ofe offered a 391* place to talk, to have a hot shower 8ThJ a m881, and th8 support lo ￿nsId￿r how
they movg on with thelr Ilve$.
Chartty tru8tee. M8rJorfe Leonldas. Introduced Sof8h'8 Trust to tho prol8ci and Is passlonate about Ihe work that
they do., 'evgry wofftan livlng in Iho proi6cl h8$ herown bedroom, 8nd & shared lounge, kiIch￿. 8nd b&lhR)om. We
pride oursalves on offertng safe, high￿u911ty, dean acc(*Trmod8llon that women c8n use 8s a baso to rgbuild I1￿1r
lfves. The funding fnyn S8r&h's fnjsl will support the running olthese fa¢iliUgS.'
The DUC￿￿$ of YO￿ 6aid 'A8 a moth•r and grandnh)ther I leel pa881ono1oty about empow•rtng women and glrt8 to
make po$rtlve change, lo help them to re8ch thalr full potsntlal, #nd lo prolecl them from harm. Th8 Mgrylebone
Projecl do88 oxady that, and we are thriwed lo bfr able to 8UPPOrt tham to keep up th• brIll￿nI work that they do.,
Brown Glrf Wok•
Brown GM Woke Is on a ml¥sion to transform young mind5 and provkl¥ the new gen8CAtlon In Samo8 wlth the
resour¢e$ they need to b•come confident and Indgpendent though146aders. The charity 6UPPOrt8 g1rt$ behyeen the
ag88 of 12 and 18 y¢ar8 old who afe livlng in Iowwlncom& f8mllles In rural vlli8g•s on the 1818nd. Thelr ahn Is lo
bridge thtr ggp b8hveen glrts that have acceB8 to opportunlUe6 to reach thelr full potentiAI. and thoee Ih8t 8rg held
back by flngnckgl con8tralnts.
Tho glrt8 are $ups)orted by mentors who a8Bl81 th•m vAth applylng for college pla￿8 and lob8, as w81186 h8lp5ng
Ihem lo set up their own prolg¢ts. The glfl$ 18klng part In the programme recèive over 100 hours ol moniorship,
Improvlng their academlc 8thl¢vernnt. selfwconfiden(*. publlc speaking ¥nd16odershlp 8k11￿.
Durfng her tdp lo Samoo th1$ year. The Du¢h8s8 of York had th• p1088ure of Spendlng the day vlth Somg of team at
Brown Glrl W)ke. She was Impressed by the I￿paCt that Ilw young l••aer8 ￿[• ha￿rt9 in th8 South Pacifflc, and ty
thelr tenadous aliltude lo brfnging about change for good.
'Th• fundlng from S8r8h's Trust has gthved us lo opèn the youth o)mmunrty ¢entro In Samoa. Slnc8 openlng
in April, we havg pmvided 8 1Trg space for fvè new youth groups. fn)m hip hop d8ncing and music wriling
wofftshops to young engin88r ¢lub& The c8nlrn also giv8S yOUn9 pgople a6ress lo Irge internet and they r8GeN6
gtJid8nGe Irom 8n)wn Girl Woke youry 188ders.' Ooris Tulffau. Founder of Brown Glrf Woke.
Hum•nlt•rfan Ald Rdhf TruBt
Sarah'8 Trust 6UPPOrts (¥u$os And countrie¥ that don't always moke the headlin&s. Th8 tnJ8t8e$ w9re deepty
con(xm•d by the esc81atlng confllct in My8nmaf, and in p8rticut8r the Incfea¥ing hami to civilian¥, v&thlch is
worganing and dgvaslatlng human rights and humanitarian ulsls across the Ix)unty.
Sln¢e tho February 2021 coup d'état, there conllnues lo ¢r8dible reports of vlolaUon8 and abuses eommitlgd
against the CA*illan populatlon, indudlng alrslrikes on homas. sthools, placas of woTrhip and hospitals, 88 well as
sexual and g¢nd6r-based Viol￿Ce against wom&n and children. As the connict ¢onlnues to escabts, communSUes
across Myanmar arè bolng subjectèd lo further dlsplacernenl. There are 91th￿ng water and food shortages in the
o)unty and ￿daspread deni81 of a￿sS lo health ¢•r•, medrAne8, 8nd ￿1 humanit8rl8n SeNI￿.

SARAH'S TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MA Y 2024
HUman￿8￿￿n Aid Rellof Tru8t (HART> Is a UK registered charty that work# wlth local partnerg In Wanmaf to
provide lrfe-$8ving assist￿ce to farn4le8 displaced by ￿nflict. One of these partners Is Health and Hopè who
provi¢J& humanliarian akl, fjducatlonal scholarships and medical core to re￿te and dlsplaced communrtles in
Myanmar.
Sam Mason, HART CEO, telts us. Myanmars humanitarian ￿lS¢S has r88¢hed new lev81s of urgoncy. Mots And
mor& people Bre forced to b4v8 Ihglrhomes, often fl88ing lo remote juftgl8s ¥wth no a￿$$ to b8sK s&rylces. Their
suffertng does nothit th8 l￿d￿'nes. Th* support Imm Sarah s Tnjsl l&ts them know thgy IiotfoW8n.'
TIKVA
kva'8 core mlsslon Is to c8ro for the hornel•8s, 8￿ndOned and 8bu8ed J￿￿h chlldren of Ukralne and
nelghbourlng regions of the fomw Sovl81 Unlon. Thkvo provld85 a wami, compas8ionata home. e8sen¢i81 soclal
8ervI￿S and a qualty ￿uCa￿0n 8¢ross Ukfakne, Bel8ru8 ond Moldova. Thè fikva programme$ fonge from
p$ychologi¢)I seMce8 ond cuttur81 ActNlti88 lo vocalong18nd enrfchment pro9rammes th81 offer chlldren 8 w811-
rounded oducalion and the gre8t•8t chance of a b•tter Ih.
Mo$1 of the chlldren alr￿ wlth medScJl. psychologlcal, de￿lopMental and 80¢181 dfficulb'es due to Ihelf traumauc
garly experf8n¢¢$. TIINO Strives to ensure that ea¢h chlld's needs aro m81 so that they can devekjp into self-
sufficl&nt adutts who are abla to make valu8bl• contrlbulon6 10 8¢xl&ty. Many childr•n are cared lor by Tlkva 88
newb¢vn8 and Slay unlll th8y are 16 ye8rs of age, emotionally and acad8Ml￿lty ready to begin Ilfe In 16r8el, or
ntlnv8 their 8ludl&8 At Tlkva'8 untvor8ty programrnè In Od￿Sa.
The Duthe$s of York pald a per$ong1 ¥A811 lo nkva In Romanla and was burn￿8d to m8el Ihe L*lhlTen véfiose lfves
havg bgen Iran8fom)ed by tho charity. In her own wordB "You fe•1 the Ukralnlan hope and courage th&rfj. you feel
home and a Sense ofyou are not 8lon8.'
'Sarnh s Trust has en8bl8d u$ to purGh886 blke4 clothes, and olh&r If8ms Ihot wlll support tho h&8llh 8ftd w￿1b￿ng
of th6 familles Ih8t h8vg be6n forc8d to la8￿ their h(Nnes and po&session$ b&hind. ￿ are so grateful lo The
Duchess of YoA(8nd the fftJst88s for bgli8wr@ ￿ fhe Myl( Ihal w8 do., Karen Boden6teln, CEO mkva.
Hum•nlts• Charlty
Th• Duch88s of Yort hq8 been a loy818UPPOrt•r of Humanlt88 over many y•ar8 ond thls yoar tha IN81 hai
supported th6 of chlldr•n 41 the Humanitas sthools In the vllpage olAyenBuako, Gh8n9.
Ayensu8ko18 8n18daled lamlng communlty, whth Is 8 three-hour from the ne8r*st clty, rnS1è8 from the mjin
road and recelves no ald o( support from NGO'S. A majority of the vlllagers ar• subslstence f8mier8 and live well
t4low the poverty Iln•. The cornmvnlty fo￿8 o rx¢n81ant $truggle for 8uNival and. wilhoul 9￿05S lo an educallon
and fulure 8mployment, lh& chlldren's option8 are rJ)nfined lo tho8& of theii paT¢nl¥- farming on 8rld Ignd thal16
under th• relenlths thr•at of droughL
The Humanltgs primary 8nd 88condary 8¢hool8 Central hub for tho local communlty and Ihe ch8rty 18 now
lea¢hlng 270 puplls who Oth8￿188 would not be In education. Worklng In partnershlp wllh BookAia Inlematkjnal th•
school library slo¢ks over 4,rx)O books. and last yè8r the Gharity suecfj$8fully openeil Ihe 8¢hool's first IT room.
sewlng $kllls room and an all-wealher sport$ pft¢h - a huge d$v4opmenl for a ¢ommunty that prevlctusly had no
8¢¢06$ to computers, B8wlng machlne8 or sports fadlltle8.
The leach•r8 are excellent rol• models, parlfjojlaity lor the glrts who have had no pre￿0u8 conlad vhth •ducaled
wom&n. For Ihe first Ilmè In their Ilve8, the glrts are being ?xposod to the possiblllty Ihat Ihey loo ￿UkI be¢ome
ts4chers or profvsslonals. 30mpthing that they would not b8ve considered before they atteftd￿ ￿h0O1.
The ¢h8rfty Is constanlty W0￿1ng wth the ttjmmunty to en8ure that they lake mganlngfvl 8tep$ lo rgthJc8 the
imp8Ct on the h)c81 envlronmenl and to work lowards 89lf-8uffidency. They havè installed 8 water well so that the
commvnlty has access to dean water. and tho school staff and puplls halp to grow malze and ¢X>m in tho school
grounds which 1$ harvested and ¢ooked In the school kllchen. L8$t year the ch8rity instal￿a $olai pane18 on the roof
of the seu>nd8ry school, re¢lucing Iheir impact on th¢ local enVIron￿nt and cuttlng costs.
Humgnmas UK Director, Joanne Vveame. sald 'lt is ditficult lo convey in words tho huge impact Ihot our schools
have on IhFs small community. They offer Child￿rt li￿ng In P￿ty th& opportunily lo change the Ir8jÈclory of thelr
lives through gaining qtsaiifications 8nd voc8tional skills. rhè positive impa¢t will be felt the commurjity for
generaliorjs to come. We a￿ incrndiblygr8teful lo The Duches8 of Yorf¢ and Sarah $ Tmsl for theirgenerosity.,

SARAH'S TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MAY2024
Halr¢ut•4Hom9l￿1
This year th8 IN8t ha8 th08en lo support the work of HaIrcut￿Homela88 wlth a grant lo en#blè th•m to buy hair
products and h8iTdrÈislng equipment. Haircuts4HoTh1885 W88 set up by veteran h8irdre8ger Stewart Roberts
MBE. Inspirtrd by fv actlons of halrdres8ern In v8rt)us part$ of the worfd cutln9 hair for th8 homeless, Stewart e•1
out to bulkl a communty of skillèd haifdresser volunteer8 who glve Ihelr free of charge lo offer h91r￿lS for
omeleB8 people In tho UK. The charty now ha8 nearty 70 projects across the UK and Ireland with 600 voluntser8
hav• gI￿n more than 40,000 hJtytsJt8.
The Halr¢uts4Homeless team works in parln•rshlp wilh women's relugo8 and hon*less charit￿S offertng men and
women a h8ircut and a cA8nc* to talk freety wnhoul ludgemonl. Cllonls have 68ld that rec&Svlng a halrcth rnake8
them feel Ilke they ar¥ b8lng cared for, and it offers somè semblance of normalty. For those that have impendlng
job inté￿0W$, the visits by the Ha1rculs4Homelo￿ volunteers give them a much-needed booBt to thelr confidenc8.
'Yo18g8in l am so gralelul to S8rnhs Tmst for their unwav8ring support. 11 is h8rd to exp￿88 In words what It m88ns
to be able to off&r8 ha￿￿￿t lo p8opl8 that arn hoffleless. is something veryperson814boul ¢tslting someona s
hair tlJ81 can b9 onjoy&bl& and Iher4y>8ullc, whlej) ￿ an experience that many homelgss poopl8 don t g8t.' Slewgrt
Roberts MBE, Foundor of H8*cul84Homele88
l•raAID
Founded In 2001 as a coalltlon of 13r8ell org•nl$gllon8 worklng In dl8a8ter rell8f 8nd Intem8tbnal developm•nl,
I$￿1D h88 grown Into th& large$l humanltaflan 8id tsrganl8alk)n In Isro81. Their m185lon Is to support people
ahcted by humonlt8dan crisis and they partner wlth loc81 ¢ommunltte8 &round tho *￿Id to provlde urgent aid.
as8¢81 In ￿¢0¥ary. and reduce the vlsk of futurg dl$a$ter8.
From •arthquakes and hurrfcAn•8 lo epldemlc8 and forcgd dl8p18¢8ment, 18raAID ha¥ 8t the forefronl of
r88pondlng to major humanR8rr8n ui8es worKIMd¥. They ho￿ worked In than eo countrfe8 and al any on•
lim& ground 31KJ 818ff r￿mb￿rg workMda.
Wth 6UPPOrt from Sarah'8 Tw8t, IsraAID offer8 rr￿n181 he8lth 4nd psychosodal Support lo crfsls-affecged
cornmunttle6 In l$r881. Thelr trxptsrt8 gvlde indNidu818 and familtes to pro¢&s8 the effotlonol challenge8 01 grfèf,
Iraumo. gnd di3placem8nl Ihrough artg and craft8, SPOrt8, and 98m8. Tho8e approaches allow chIld￿n lo'lust be
klds, and proc6￿ through play, while parents caca9lv8r6 can drop their brovela¢e$ and access Some
re8pll&. Th¢lr expert8 have e8labli8h•d p8r•nt and chlld 8paces. caregivers. guldonee comer6, and thtrr8P•Utk art
$ludlo8 In tamporary 0vacUa￿on ￿ntro8 and the In*1 18 delighl&d to bg 8bl8 to lend it8 8UPPOrt to th1• Important
worfK.
Road lor Good
'Re8dlng feeds imag1n81￿n￿, br08d&n$ perspecives and opens mlnds lo cJJtture3 and countrb8 that children can
&xplore and appred8ts from afar. are thwllled to bo abb lo 8UPPOrt the wondèrful work that Read for Good 18
doSng to brlng gdventure, ffly8lery and humouf to Ihg b8d8hJes of 8eriou8ty11 ¢hlldr8n.' The Ouche8s of York.
A8 8 ￿ebrAted chlldren's author, The Duch088 of Yort bellevets p8$StonAtely that our soci?ty 18 ?nrich8d ¥then
¢hlldren have the Ilme, $pgc8 and nvjlivaknn lo rg8d. Re8d for Good'6 mls8hin lo Improve the outcomes kjr 811
thlldren in the UK by encouraglng and en8bllng chlldren to deveh)p a love of re8(*ng re80nales 8trongly whh Th•
Outhess ¥nd the tNslee5.
Thalr colourful rTh)bile book¢aso$ oro wh8oled afound thll¢Jren'$ hospttal wordg au08B the UK offerlng slc* children
an ent￿Ing eholcè of new books to re&J and often k￿p for 8v8r. The 88rvlce a180 8UPPOrts swl0u￿Y ill thildren'$
dl8rupt8d leamlng and 92% ofchihlren Sgy that the books and slorfes m8k& th•m feel better.
'For childr8n in hospital, books 8nd slories are 8 lifeline - they PmVAdg dlstradion, entertainm8nl, comfort and
m8ssuranGe during th8 toughest limes. Re8d for Good pmwd8s brancl new 8nd vislts from InS￿rtng
storyte118rs, rg8ching 81130 oflhe UKS m8j0rch￿drnn's hospilals. We 8Tr so grnlelul to Sarahs Twst for hèlping us
bring the m8gic ol txjoks ènd slories to chlldren Wh￿ they n&od Ihgm the most.. Barb8r8 VVllll8ms, Head of
Fundraising, Rèad for Good.

SARAH'S TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AIAY 2024
Y¢m•n R•ll•f
Yemen R8llef1s 8 UK based tharity that do1fvgr8 IK8-6gvlng ald to vulntrablo peopl& vjfvj are suffering as a f•suIt of
the ongolng confflct in Yemen. ￿nfl*l, which began in 2015, has destroyed mo81 sectOT8 in Yemen and has
caused one of the WOTSI hU￿￿n￿Ar10n crises in the world tod8y. 11 Is wldety reported that ovgr 18.2 nlllion people
need some forrn of asslstance, and that is exadiy what the team al Yemen Rellef 1$ set up to do. The ch8rfty woths
on the groun¢Y to offer lifesavlng heatthc8re, 8cces6 to food and wal¥r and satsty and security for 60m8 of the 1.1
mlllk)n orphaned chlldren who h￿￿ lost their parent8 to thè conffllcl.
Sarah'8 Thwl Is $upportlng an Innova￿¥8 prol8ca that alm& to emp)w•r Yemenl women arts ellh8r dIvo￿d
or wklowed. The project support$ 25 mother8 by Iralnlng thom to becom8 prtsfe881onal $eamstresses. Fundlng
granted by Ihts ttU8t has &nabl&d the purtha6e of 25 88wlng machlnes and th• tèyllles and equipment neeiled fof
US8 In da88&s. Th& grant 8180 covern the cost ol IrAnsportation to the ¢entre a$ the women aro d8811tule and have
no mgan8 to pay. On Su￿881u1 complellon of Ihe cours&, th• woman wlll be given th& sw•Ang machines so th81
they make and doth￿. b8gs 8nd hou88hold Itemj lo fmanc4ally 8U8taln them￿￿88 and thak chlk1ren.
S•nlor Cltlz•n* 80¢1•ty
The Sonlor Cllzons Sock8ty In Belt JBLg, Palesllne IB a charftabl• Tr)n-govemrnentsl org8nl8Btk)n &stabli8hed In
1986 to meet the medlcal, swal. cultural 8nd recreational need8 of senlor dtken8 In Bett Jala. The 60dety wa6
founded 88 a dlrect result of the chTonlc lack of Sorvlces for the eld8dy In the town.
Followlng the Coronavlw8 oulbr•ak, tha 8od8ty wa3 forced to clow many of it8 se￿¢•8. Includlng Ihelr medlcal
C8nlre, and th• group h88 81nc• l&un¢hed 8 fiJndr•l8ing appeal lo rovfve the vNal a￿￿tIeS proylded by th8 group.
Wth fundSng from Saroh's Twst and olhern, tho $ocl8ty plon8 to ￿.open the meiltcal centre and In8t811 th• 18t88t
medlcal ￿ulprrffjnI to pro￿de e8senllal c8r8 for the elderly Indudlro flrsl ald and wound trealm8nt. dl8gnoBIic
se￿1¢¥8. post operative consult8tion8. and IVIIM Inlection8. Thg medical cenlrtr will be m9nag8d by a specL4lbsl
doctor and nur80 who ￿11 8180 conduct horno vlslt8 to offer emergency and param8dlc support lo those who are too
8Id( lo travel.
The developm6nt of the c*ntre wlll have 8 hug¥ Impact on the quallty of Ile for tho ohjerty lfving In B•f( Jala. The
exlsling ho$ptt818 and medic41 centr88 ar8 over 81retched and havg long wallng 11818 for gv8n tha rrKJBt ba81¢
PVOCodure6 and many eklarfy p8oplo are un8bl& to afford the co81 ol prfvate medical treatment. S8rah's Tru8t bB
eased lo be abl• to18nd IIB #UPPOrt to a g•MrntkJn that18 often overtookod gnd under fe80urcod.
Looklng •h•*d
En*old8n8d by the In8pir8tlonAI work undertaken by org8nlsgtlon8 8uch as Gbbal Cltlzen and Brown Glrt Woke,
The Duche38 of York has become the loundlng ambassador of a new Youlh Impact Coundl whlch will launch later
th*$ year. Th8 councll alms to dèllvar gnd bulhj a nthork ¢f Y￿rth ocllvlsts who connect, co118borate. and 8UPPOrt
eath other's ambltlon8. Th• InI￿allye wlll f08ter inlerg&n¢rollonal dlalogts6 and wlll dellver tangibb oulcomas for
youth188dor8, halplng to ampllfy their voices and their abllity lo addrgs¥ $om8 of Ihe worfd's most pres8lng is8ue8.
The Iruslaes I￿11 fdlow the devek)pment of th18 programme vthh Interest and may choo89 lo support soffle of thg
yourvj people are proposln9 Innovatlve and sustainable soluuons to eMp0￿ring vulnerable and rngrginalised
people and prolecting our planet.
Abng$Kl9 this lh8 twsl wll conlrnu8 to ￿pOnd lo emergend88 and advocate for people Sn c¥isis, as well 88
supportlng Cfedlble and Impaciful organlsaUons who are ￿MmItted lo creating a gk*bal soaety in whith ￿ can all
flourlsh, and notSusl survNe.
Fln•nclal r•vl•w
Inccffle for the year 8rrthinted to £148,835 12023: £252.1011 and •xpendlture was £129,￿2 12023.. £173,191)
leadlng to 8 surplus of £19,773 (2023-. wjrplus £78,910). On 31 May 2024 total fijnds 8mountsd to £110.891 12023..
£90.9181. The TnJ8t seek8 to retrin suffidenl fvnd reseTV8S for Ms ongolng Ch￿lIable a¢tivllles.

SARAH'S TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MA Y2024
Structurn. gov•mance and m#nag•m•nt
The Trust18 a Charitabb Ints)w8l•d OpJonl8ation, tharlty numbgr 1178891, and was regl*ared wlth the Chathy
Comml8slon on 7 Juno 2016.
The Iru8t13 govamed by th8 tru8tee8 who have ulNm•ts ove(s*ht. Tho tru8tee8 ar• appolnted by a re8olutl¢n of the
majorlty of th• existing Irust•tss. The trustees 88rved durthg the year anrJ up to the date ol sbnature of the
lknJncig1 stat8m8nlB w8fft.'
Duch088 S Fergu60n
Dr R Y Khamls
Mr¥ D H8r8
trusts￿. f•POrt WW8 opproved by th• Boord of Trutsta￿.
Oato..

SARAH'S TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SARAH'S TRUST
I r&port to th? twstsos on my examinollon of the finanaal 8lalements of Sarah'8 Tnth lthe Tru81) for th& year ended
31 May 2024.
R•spon•lblltll•• Ind ba•18 of report
A8 th¢ trustees of tho Trust you are respon81bl& fof thg pr8par81ion of tho flnandal 8tstem•nts In afLord8nc* wmh
the requirerwnls of the Charftles Ad 2011 lihe 2011 Actl.
I report In respect of my gXBmlnatk)n of the Trust's Ilnandal ststements ¢arrfed out under 8ectlon 145 of the 2011
Act. In carylng out my examinauon I have folowed all the appllf*blo Dlredons gI￿n by Ihe Chaiity ConYnis8ion
under 8ecllon 145{6)Ib) of the 2011 A¢¢.
Ind•p•nd•rf •x4mlrt•rf• •t4t•mènt
Your 8ttentlon Is ¢knn lo the facl Ihal the ¢hartty h88 prepared ftnand81 statemènlg In 8ccordAnce ￿th Accoumng
and Reporting by Charlll88 preparlng thelr acLxsunts in aG￿rdance **Mh the Flnancaal Reportlng Standard appllcable
In th& UK and Republlc of Ird8nd IFRS 1021 in pr•f•wn¢8 to the Accounllng and Reporllng by Charbtie&'. Stgtsmènl
of Recommended Pr8cU¢• Issued on 1 Awll 2005 whlch 18 rèfèrred to In the exlanl ￿9￿18￿on8 but h88 now b￿n
wthdTAVm.
l undersiand that thIF ha8 b8en don8 In order fr>r ffinancl81 ststèrnents lo provide a tru• end fair vw h accordgr
wllh G0n•raltyAcc•ptedAr￿unun9 pr9￿Ce effedlva for repor11ng perfod8 baglnnlng on or after 1 Janugry 2015.
I havè completed my •x8mlnalion. I conffimi Ihot no maittfs h8v• come to att•nlon In ￿)nnectIon whh the
8xamln8tSon gfvlng MB cau3e lo bell￿8 that kn any malerfg1 rospect..
ounllng records wer• not kept In re8pe¢t of thg Trust a8 rèqulred by $•ctlon 130 of th• 2011 Act,. or
the 1kn8n¢i81 statements do not o¢cord vAth tho88 records.. or
the financlal $lB18ment8 do not ¢oryJly wlth the applicable r8qulrements ￿nCoMIng the form and ￿nIant of
a¢¢ounts Set out In the Ch8rMe8 {Ac￿UnIS and Reports) Regulallons 2008 other than any r¢qulrnmenl that the
ac￿unIS glve 8 tru• and falr vbow whkh18 not a matter ￿nsId•r1d a8 ofan knd•pgnd8nt ￿MInatIon.
I have no concem8 and have eA¥ne no other matter8 In connedon ¥￿th the examlnaljon to attenoon
Should t* drawn In th18 roport In orderto ￿¥blO o proper undernlandlng of the ffinan¢ial $1otements tr) bo re8chad.
John Cal8
FCCA CTA FCIE
Caladlne Llmttod
Chantry House
22 Upp*rton Road
E8Stboume
Eost Sussex
BN21 1 BF
Dated..
Ib K. ..k 2aL
10-

SARAH'S TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MAY2024
Unr•strlct•d Unr••trlcted
funds
lund8
2024
2023
Not••
Incomo fmm:
Donallons and lagades
Inve81mBnts
148,8e6
251.888
233
T¢)tsl Ineom•
148.835
252,101
Expondlturn on:
Charltabkg athltie8
129,082
173.191
Totrl •xp•ndltur•
129,082
173,191
N•t Incom• and mov•rn•nt In lund•
19,773
78,910
R•con¢lll*tt¢n of lund•:
Fund balances at 1 Jun8 2023
90,918
12,008
Fund bthlanc•• •1 31 May 2024
110,691
).918
Th• 8tatoment tsfllnandoj octlvW•8 Indud•8 81198kn8 ond IoB68B recLJgnl8•d In th• yefjr. AJI IncL¥na and expendknr•
del￿¢ from conllnulng a￿1￿￿•8.
11

SARAH'S TRUST
STATEMENT OF FINANCIAL POSITION
ASAT31 MAY2024
2024
2023
C88h 81 bank gThJ In hand
111,951
V2,178
Curr•nt ItablMtI
11
(1,2801
{1.2801
N•t curr•nt
110,891
90,918
Th• lund• ol th• Tru•t
Un￿Strtcted fvnd8
110,691
90,918
110,691
90,918
151.0.8.124
The finandal 8tatam8nt8 apprO￿d by th• Irusth$ on .........
12-

SARAH'S TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Accountlng poll¢l••
Charlty Inform•tlon
S8r8h's Trust is a18 8 Charftsble Inworaied OrganlsaJon. chaiity numb8r 1178891. and wa6 r•gistered wlth
Chathy Comisskin on 7 June 2018.
1.1 A¢¢ountlng conv•ntlon
The fknandal statements havè béèn prepared in a¢cord8n¢& with the Tru81'8 conslmon, the Ch8ritles A¢1
2011, FRS 102 "The Flnan¢ig1 Reportlng Standard appllcable In the UK and Republic ol Ir•iand' I'FRS 102.1
and the Charti*s SORP "Accounlirtg an¢J Reporting by Ch8rftles.' Statement of Recommended Practice
applicablB to ch8vities preparing Ihelr acAxJunt8 In accordanca wSlh the Flnanclal Reportlng Standard
applleabl8 In the UK and Republlc of Irel•nd IFRS 1021. leffeclNé 1 January 20191. The Tnjst L8 a Publlc
Banefil Entity a8 dèfined ty FRS 102.
Tha Trust has taken 8th1ontsg8 ofth8 pThlBlon$ In tho SORP for charfllo$ not to preparo a Ststemgnt of Cash
FIOWB.
Th• flnancl81 statem•nt8 have departed from th• CharftleB {Attounts and Report81 ReguiathM$ 2008 onty to
the extent requir•d to provlde 8 tru& and tsir vlew. Th18 dop8rturn ha8 Involved lollowlng the Statement of
Rocomm8nded Pra(alr* for chariU88 applying FRS 102 rather than thè ver8ion ol thè Statsment of
R8comrrftnded Pr8dic8 which Is relerred lo In the Regulaiknn¥ bul vknlch h88 81nce been wllhdf8Wn.
The fln8nd818tatements are propared In 81erllng, whlch 16 thè funfAonal currency of th• TN61. Mon8tsry
8moun18 In th88& flnand818taleffl8nts are rounded lo the nearn81 £.
The flnancl&l Btatem•n18 have been prepared under tha hl6tiNlral co81 convantSon. The prfndpal 8c£ountlng
pJlldo5 8dtsptsd 8re lot out below.
1.2 Golng conc•rn
At th* Ilmg of approvkng the flnanclal 51alements, the trustees havè 8 re830n8ble expectallon th81 Ihg TruBt
h98 gdaquale re8our¢&s to contlnue In opefatlongl exlBlenctr for the for•seeabKry fvluie. Thu$ the tru8lee8
conlnuo to 8dopt the golng concwn b8$1$ of ac￿untIng In preparfng the financlal 6tataments.
1.3 Ch*rlt*bl• fund•
Unrestrfcted lun¢Js are avallablo for u80 Ot the dlscretion of the IwstoeB In furth•r8ncAry of thelr chawttab
oble¢Uv¥$.
1.4 In¢om•
Income is rg¢ognlsed whèn tho Trust Is18gally en￿￿8￿ lo It after any perfomiance ￿ndIt￿n$ have bg8n mat,
the amunt8 can be mea8urgd rellabty, énd St 18 probabb8 that Income will ￿ ro￿1ved.
C88h (kJn8tions ar• r•cognl8ed on ￿e61p1. Olher donouons are re¢ognlsed once the Twst has been nOt￿led of
the donauon, unlèss performanee ¢OnrJ￿9n$ requlre deferral of th8 amount. In￿m8 t8x recoverable In relafjon
lo don8lv)ns received undèr GfftAld or deeds of covenant bs recogn180d 81 the tlm8 of the donation.
Le￿￿$$ Are reCogni￿d on r•ceipt or Othe￿8& ff the TNst haB been notlffed of an Im￿ndIng dlstrlbulon, the
amount Is known. 8nd rerAlpt Is èxpe¢Aed. If the amount IB not known, th8 legacy tr￿d as a contingent
asset.
1.5 Expèndfturn
Expendllurè 1$ rocognlsed once Ih•r• Is a legal or constructlve obligaticffl to transfer economlc benefft to
thlrd party. it is prob8Ne that a tran8fer of eo)nordc benefits will bo requlred In selUempnL 8ftd the amount of
the obllgalbn Can be w￿asured reliabty.
13-

SARAH'S TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MA Y2024
A¢countlng pollciM {Continu•dl
1.6 Calh •nd ¢•$h gqulvalènth
Ca8h 8nd ¢8sh equfvak8nts Include c8$h In hand. depo81ts h•KI at C411 wNh bank$, othw Short-temi liquid
In¥*stments with original maturth.es of three months or less. and bank overdrafts. Bank ovwdraft8 arè shown
wlthln bo￿oWIng8 in curronl Iwblltbes.
8•$1¢ Iln•ncl•lassrf
Bask Iln8n¢181 assets, wh1(* Indude tradg gThJ othor recèfvablos and ￿£h and bank balancés, are measured
at tran68Lknn prfce Indutying transgctKJn ca)6ts.
B••l¢ )7n•n¢l*lll•bllhl
Bask finand81 llablllll85. Indydlng Iradts and oth•r payabJeB and bank 108n8 are re(>)gnl3ed al tronsacuon
Trodè payabl88 ar• obllgalion8 to pay for gO￿J8 or Borvke8 that have bggn 8cqulred In the (Ydlnary ￿r8e 01
0￿ratIonS Irom 8uppller6. Amounts payable are cl856ifl&d 88 ¢urrant liabililles If p8ymant Is due wrthln on
ygor or ￿38. If not, they 6r& pr8$entsd a8 nOn￿1rr￿n¢ Ikgth"lQi85. Trade payabl88 are rocognl6ed al tran8ac¢lon
D•r•eognlllon olffn•n¢l•l Il•bllltl•*
Flnan¢491 Ilablltles ore derecognlsod th8 Tru8Y8 rAntro¢tug1 obllgalltsn8 •XF4r• or are d18charged or
Gancelled.
Crltlcal *ccountlng Mtlm•t•• and Judg•m•nt•
In tho appllcalon of th• Tru8V8 ?￿OUntIng pollde8, Ihtr Iru$loe8 gre requlred lo makè lud9ements, esllmal•$
and as8umpllon$ 8ty)ut the carrylng amount of assets and 11oblllli&s that or& not readlty app8rènl from other
sourc•8. The 8stlmatss and a880daled assump￿.0n8 are ba8•d on hl$torfcal exp•rlen¢e and other factorB that
are con81dered lo bfr reknvant. Actual re8ults may dlffer tr￿) these e6llmat•s.
The 051kn8les and undertylng 8ssumptlon8 are reviewed on on ongolng ba818. Rev181ons to accounting
08Umale$ are rttognl8e¢J In Ihg p&rfod In vknlch the 98tlmatg Is revlsed wh¢fg the r•vl8lon affects onty that
perfod, or kn th8 p8rfod of the rev181on and futufe perfod8 where th& rgv161on both cuThent 8nd futurtt
perlods.
Incom• from d¢ft4tloM and l•ga¢h•
Unr••trlcted Unr•8trlct•d
fund8
fibnd8
2024
2023
Dcfflatlons and gffts
148,888
2S1.868
14-

SARAH'S TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY2024
Income from InvMlm•nts
Unmtrlct•d Unrn•trlet•d
fund•
fund¥
2024
2023
Intergst roceNabJe
169
233
Exp•ndltuM on ¢Mrltsbl• •ctlvltt•¥
Ch•rftabl•
actlvltl••
Ch8rtt8b
a¢tl¥Mle8
2024
2023
Dlr•ct co•t•
Charltsblts events aThJ g1ft8 for dlBtrlbuilon
Webshe
S,055
4,OC
4,824
4,624
Grant fundlng of aL#Mt￿#(s8è not• 81
115,088
187,058
8h•r• ol •upport •nd gov•rn•ne• ￿¥t• nol• 71
Gmman
4.919
1.511
129.082
173.191
Analy•lB by fund
Unrestricted tund$
129,062
173.191
Grnnl• pay•bl•
2023
Grants to In$thulbon8.'
Anti Slavery Colwlve
BethIehem￿8b Sodety for R•habilitallon
Blg Chang
Humanttas
Thomas Pockllngton Tn￿1
Other Smaller granls bfjiow £5,100 {14 9ranls)
R8alÈe Imp¥ct
SoTral DoCUff￿n1ary
M8dlcal MIS8k￿ $18t&r8
10,000
15.￿0
10.000
30,000
7,000
35,000
46,300
18,000
8,010
7.778
11S.088
187,056
15-

SARAH'S TRUST
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MA Y 2024
Support colts allo¢otod to actlvltl••
2024
2023
Govemanca c08ts
4.919
1,511
Charll8bk gctMd88
4,919
1,511
2024
2023
Gov•rn•nc• ct)•ts ¢ompdM:
Legal 8n(J profes8hJnal
Bank Ch8196S
IndeperKI￿tt eX8rnlnal*Jn
Sundry lee8 and ¢o•t8
3,ICK)
218
1.280
35
251
4,919
1,511
Non8 of th8 Iru31ee8 lor ony persons connècted wllh Ih•ml recelved any r•mun•raJon or benefft8 from th•
Trust durlng the yoaf12023.' no IruBte&8 re¢•￿0d bonafflts or remunorntYJnl.
Employ•o•
Th• avwage monthty numbor olempl¢)y988 durkng Ihg yearwo8'.
2024
Numb•r
2023
Numb•r
Total
There *ert no employ•e8 whos8 annual r•mun8raUon wa8 nN)r8 than £80.fy)0.
10 T•xatlon
The charfty 1$ •xompl from t￿n on its becau8t all K8 Incom& 1$ applled for tharlt8bl& pu￿8￿.
11 Cuff•nt Il•bllltle¥
2023
ACC￿al￿ and def•rr•d Income
1,260
18-

SARAH'S TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY2024
12 Unr•8trlct•d fur
The unreStr￿ted fvnds of the ¢harfty comprf88 the Un9xp￿ded balan￿ ol donatlons and gr8nl$ whl¢h are
not subjeL* to $Pgcfflc CAJndition8 by donors and grantors a8 to th8y may ba u8ed. Indude
de8lgnated fund8 whlth h8ve been Get 8sld8 Out of unr¢8trtd¥d fund8 by the Irust•8s for specific purpo￿8.
At 1 Jun•
Inc¢mlng R•8ourco•
2023 rMourc•• •xp•r
At 31 M•y
2024
Goner81 lund8
9),918
148,835
1129,C621
110.691
Pr•vlou• y•ar.
At 1 Jun•
2022
Incomlng
rnBour¢o•
RMouYe
•x￿nd•d
At 31 May
2023
Genoral fund•
12,CQB
262.101
1173,1911
90,918
13 R•l•tsd ￿rty ￿nI*¢I19n1
Th•r• w8r• Th) dlgdDS8bb r•latsd party lrnnBa¢*lon8 durtng thè yèar. 12023.. Th• tJu$l mado a grnnl of
£10.0￿ to the charlty Antl-slavery CoWect6vo l¢harfty number 11919231. Tru8188 S Forgu80n'8
daughter, HRH PrfnGgss Eugen￿, 18 the ¢o-foundor and a tsu8ts0 of the chorfty).
17-