Charity number. 118825 7
The Charles Russell
Speechlys Foundation
Unaudited report and financial statements
For the year ended 30 April 2024
SAYER
VINCENT

The Charles Russell Speechlys Foundatlon
Contents
For the year ended 30 Aprll 2024
Reference and adminlstrative inf ormation
Trustees, annual repo rt
Independent examiner's report
Statement of financial activities lincorporatlng an i ncome and expenditure account)
Balance sh eet
Note5 to the financial statements

The Charles Russell Speechlys Foundatlon
Reference and admlnlstratlve Inf ormatlon
For the year ended 30 Aprll 2024
Charlty number
Country of reg15tratlon
1188257
England & Wales
Reglstered ¢fflce
and operational
addre5$
S Fleet Place
London
EC4M 7RD
Trustees
Trustees who served during the year and up to the date of this report were
as follows-
Larissa Joy
Elaine Driscoll
Rupa Lakha
Katy Crothall
Christopher Page
Bartholomew Peerless
Andrew Cameron
Rose Carey
Bankers
CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
MEI 9 4TA
Independent
Examiner
Judith Miller
Sayer Vincent LLP
Chartered Accountant5 and Statutory Auditor
Invicta House
IID Cinlden Lane
LONDON
ECIY OTG

The Charles Russell Speethlys Fou ndation
Trustees. annual report
For the year ended 30 Aprll 2024
The trustees present their unaudited repon and the audited financial statements for tho year
ended 30 April 2024.
Reference and administrative information set out on page I forms part of this report. The financial
statements comply with current statutory requirements, the charity's trust deed and the Statement
of Recommended Practice
Accounting and Reporting by Charities.. SORP applicable to charitie5
preparlng their accounts in accordance with FRS 102.
Objectives and activities
Purposes and aims
The objects of the Charity are the advancement of such charitable objects under the law of
England and Wales as the trustees see fit. The Charity has furthered it5 charitable objects during
the year by making grants to a number of other registered charities in accordance with its grant-
maki ng policy. To provide focus and a strategic approach to achieving it5 charitable objects, the
trustees make grants in several ways..
The charitable objects that are to be furthered can be grouped under the general heading of
Justice.
More significant projects and partnership5 are identified by Trusiees across a range of themes
including prgmoting the sound administration of justice; Improving educatSonal opportunities for
the disadvantaged., promoiing human rights,. promoting social inclusion.
Trustee5 also make smaller grants to support a range of charitable organisations across the width
of community need. To facilitate these the Charity has made grants ro the Gloucesiershire
Community Foundation and the Community Foundation for Suirey. These Community Foundations
liaise with committees established by the trustees and made up of individuals who are partners or
employees in the Cheltenham office or the Guildford office of Charles Russell Speechlys LLP, as the
case may be.
The trustees have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the Charity's aims and objectives and in planning its
future activities. In particular, the trustees consider how planned activities will contribute 10 the
aims and objective5 that have been set.
Achievements and performance
The Trustees made grants toralling £452,462 during the year in funherance of the Charity'5
charitable objects. Details a￿ set out in note 4 10 the accounts.
During the financial year, the Chariry has continued irs relationships with Khulisa, SafeLives, Z2K,
Emmaus and Home-start UK, and ir has Initiated a relationship with Buglife. In each case two
Trustees have paired with each other to lead the relationship with the grantee charities and to

The Charles Russell Speechlys Foundatlon
Trustees. annual report
For the year ended 30 Aprll 2024
identify how grants are being spent and opportunities for further cash and in-kind support,
principally from the staff and partners of Charles Russell Speechlys LLP.
The Charity has also continued its relationships with the Gloucestershire CommLtnity Foundatlon
and the Community Foundation for Surrey.
The Foundation also made grants totalling £ l 0,000 to the Brit15h Red Cross for appeals for the
earthquake in Morocco and the floods in Syria. A grant of £20,000 was made to UNICEF.
During the financial year, the Tiustee5 also made grants to two other new organisation5. European
Lawyers in Le5vos and Fat Macy's.
Financial review
The Charity held unresrricted funds of £379,064 at the end of the flnancial year.
The primary fundi ng source for the Charity is donations from Charles Russell Speechly5 LLP. The
Charity also receives funds from fundraising undertaken by staff of Charles Russell Speechlys LLP.
The trustees are considering the development of other fundlng sources for the future.
Principal risks and uncertainties
The trustees keep under review the major operational and strategic risks the Charity faces and
are satisfied that systems have been established io minimise the possible effects of such risks
on the Charity.
Reserves policy and going concern
The trustee5 intend to keep sufficient liquid funds in reseNe to enable the Charity to meet its
ongoing grant commitments and to respond quickly to any application5 for grants that they
consider it to be appropriate to support, as well as to meet ongoing expenses connected with the
administration of the Charity. Because no commitments are entered into which are not fullv
covered by known incoming resources the trustees do not target a particular level of reseNe.
Plans for the future
The Charity intends to continue to make grants in the manner described above in furtherance of
Its charitable purposes.
Structure, governance and management
The Charity is a charltable incorporated organisation (CIO) registered as a charity on 28 February
2020 in England and Wales.

The Charles Russell Speechlys Fou ndatlon
Trustees. annual report
For the year ended 30 Aprll 2024
The Charity is governed by a Constitution dated 28 February 2020.
The Constitution provide5 that there shall be la) not less than two and not more than five rrustees
appointed by the trustees and Ibl not less than two and not more than five trustees nominated by
Charles Russell Speechlys LLP, one of whom shall be the senior partner for the time being of
Charles Russell Speechlys LLP.
When a new trustee 15 appointed, they are provided with a copy of the key documents and
an introduction to the work of the Charity. They are provided with the information they
need to fulfil their role a5 a trustee.
Apart from the first trustee5, whose term5 of office are set out in the Constitution, trustee5 a
appointed for a term of three years. The only exception is the senior partner of Charles Russell
Speechlys LLP, who will hold office as a trustee until they cease to be senior partner.
The trustee5 are regponsible for the overall management of the Chartty, holding trustees, meetings
on at least a quarterly basis. The Charity's Constitution allow5 the trustees to meet and conduct
meetings virtually. which the trustees have done this year.
All trustees give their time voluntarily and receive no benefits from the Charity.
Statement of responsibilities of the trustees
Law applicable to charities in England and Wales requires the trustees to prepare financial
statements for each financial year which give a true and fair view of the charity's financial activities
during the year and of its financial position at the end of the year. In preparing financial
statements giving a true and fair view, the trustees should follow best practice and..
Select suitable accounting policies and then apply them consistently
ObseNe the methods and principles in the Charities SORP
Make jud9ements and estimate5 that are reasonable and prudent
State whether applicable UK Accounting Standards and statements of recommended practlce
have been followed, subject to any material departures disclosed and explained in the
financial statements
Prepare the financial sratements on rhe going concern basis unless It Ss snapprop￿ate to
presume that the charity will continue in operation
The trustees are responsible for keeping proper accounting records that dist105e wlth reasonable
atcuracy at any time the financial position of the chariiy and enable them to ensure that the
linancial statements comply with the Charities Act 2011. They are also responsible for

The Charles Russell Speechlys Fouhdatlon
Trustees. annual Mport
For th• y•ar ended 30 Aprll 2024
safeguarding the assets of the chariiy and hence for taklng reasonable steps for the prevention
and detection of fraud and other Irre9ularltles.
Legislatlon In thÈ Unlted Klngdom goveming the preparatlon and dlssemination of financial
staternents may dbffer from leglslatlon In oiher Jurlsdlctlons.
The rrustee5' annual report has been approved by the trustees on l Oth September 2024 and signed
on their behalf by
Chrlstopher Page
ChaSrman

Independent examlner's report
To the members of
The Charles Russel I Speechlys Foundatlon
I report to the trustees on my examination of the accounts of The Charles Russell Speechlys
Foundation for the year ended 30 April 2024.
Thi5 report 15 made solely to the trustees as a body, in accordance with the Charities Act 2011. My
examination has been undertaken so that I might srate to the trustees those matters l am required
to State to them in an independent examiner's report and for no other purpose. To ihe fullest
extent permitted by law, I do not accept or assume responsibility to anyone other ihan the charity
and the trustees as a body, for my examinatlon, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the charity trustees of the charity you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 {'the Att'l.
I reFX)rt in respect of my examination of the charity's accounts carried out under section 145 of
the 2011 Act and in carrying out my examination I have followed all the applicable Direction5
given by the Charity Commission under section 1451511b} of the 201 l Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examlner must be a member of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination
because l am a member of the Institute of Chartered Accounts In England and Wales. which is one
of the listed bodies.
I have completed my examination. I confirm that no materlal matters have come to my attentlon in
connection with the examination giving me cause to believe that in any material respect..
Accounting records were not kept in respect of the charity as required by section 130 of the
Act., or
The accounts do not accord with those records., or
The accounts do not comply with the applicable requlrements concerning the form and
content of accounts set out in the Chartties (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a 'true and falr view, which is not a matter
considered as part of an independent examinatlon.
I have no concerns and have come across no other matter5 in connectlon 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.
Signed..
Name.. ludith Miller
Relevant professional qualification or membership of professional bodies lif anyl.. FCA
Address-. Sayer Vincent LLP, Invicta House, 110 Golden lane
London, ECIY OIG
Date.. 22 January 2025

The Charles Russell Speechlys Foundatlon
Statement of flnanclal actlvltles lincorporating an income and expenditure account)
For the
ar ended 30 A
ril 2024
2024
Total
2023
Total
Note
Income from..
Donations
Fundraising
Investments
533,746
13,272
869
493,057
10,298
363
Total Income
547,887
503.718
Expendlture on:
Charitable activities
493,457
300,080
Total expendlture
493,457
300,080
Net movement In funds
54,430
203,638
Reconcillatlon of funds:
Total funds brought forward
324,634
120,996
Total funds carrled forward
379,064
324,634
All of the above resulrs are derived from continuing activities. There were no other
recognised gains or1055es other than those stated above.
All income and expendlture Is unrestrlcted.

The Charles Russ•ll Speethlys Foundatlon
Balance sheet
Chariiy No l 188257
AsAt
24
2024
2023
Note
Current assets-
Debtors - accrued income
80
Cash at bank and in hand
400.803
337,359
400,803
337.439
Llabllltles:
Credltors.. amounts falling due within one year
(21,739)
112,8061
Net current as5¢t5
379,064
324,634
Total net assets
379.064
324.634
The funds of the chartty:
Unrestricttd income funds=
General funds
379.064
324.634
Total unre5trlcted fund5
379.064
324.634
Total charlty funds
379,064
324,634
Approved by the trustees on 1st October 2024 and signed oth their beha]f by
Christopher Page
Trustee
Andrew Cameron

The Charles Russell Speechlys Foundatlon
Notes to the flnanclal statements
For the
ar ended 30 A rll 2024
T Accountlng pollcie5
al Statutory Informatlon
The Charles Russell Speechlys Foundation is a Charitable Incorporated Organlsation registered
with the Charity Commission for England and Wales.
The registered office address is 5 Fleet Place. London, EC4M 7RD.
b) Basls of preparatlon
The financial Statements have been prepared in accordance with Accounting and Reportlng 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
Ireland IFRS 1021- (Charities SORP FRS 1021, The Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 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 IAccounts and Reports) Regulations 2008 only to the extent required to
provide a 'true and fair view,. Thi5 departure has involved following Accounting and Reporting
by Charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 rather than the Accounting and
Ret)orting by Charities.. Statement of Recommended Practlce effective from l April 2005 which
has since been withdrawn.
Assets and liabilities are initially recognised at historical cost or transaction value ullless
otherwise stated in the relevant accounting policy or note.
In applying the financial reportlng framework, the trustees have made a number of sublectlve
judgement5, for example in respect of significant accounting estimates. Estimates and
judgements are continually evaluated and are based on historical experience and other factor5.
including expectations of future events that are believed to be reasonable under rhe
circumstances. The nature of the estimation means the actual outcomes could differ from
those estimates. Any significant estimates and judgement5 affecting these financial statements
are detailed within the relevant accounting policy below.
c) Publlc beneflt entlty
The charity meets the definition of a public benefit entity under FRS 102.
dl Golng concern
The trustees conslder that there are no material uncertainties about the charity's ability to
continue as a going concern.
The trustees do not consider that there are any sources of estimation uncertainty at the
reporting date that have a significant risk of causin9 a material adjustment to the carrying
amounts of assets and liabillties within the next reporting period.

The Charles Russell Speéchlys Foundatlon
Note5 to the flnanclal statements
For the
ear ended 30 A rll 2024
l Accouniing policies (contlnued)
el Income
Income 15 recogni5ed when the charity has entitlement to the funds, any performance
conditions attached to the income have been met, it is probable that the income will be
recelved and that the amount can be measured reliably.
Income from government and other grants, whether 'capital' grants or 'revenue' grants, Is
recognised when the charity has entitlement to the funds, any performance conditions
attached to the grants have been met. It is probable that the income will be received and the
amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria
for income recognition are met.
f) Fund accountlng
Restricted funds are to be used for specific purpose5 as laid down by the donor. Expenditure
which meets these criteria is charged to the fund.
Unrestricied funds are donation5 and other incomln9 resources received or generated for the
charltable purposes.
Deslgnated funds are unrestrlcted funds earmarked by the trustees for particular purposes.
g) Expendlture and irrecoverable VAT
Expenditure is recognised once there 15 a legal or constructive obligarion to make a payment tc
a third party, it is probable that settlement will be required and the amount of the obligation
can be measured reliably. Expenditure is classified under the following activity heading5.'
Expenditure on charitable activities includes the costs of delivering services undertaken to
further the purposes of the charity and their associated support cost5
Other expenditure represents those items not falling into any other heading
Irrecoverable VAT is Charged as a c05t against the actlvity for whlch the expenditure was
incurred.
10

The Charles Russell Speechlys Foundatlon
Notes to the flnanclal statements
For the
ar ended 30 A rll 2024
l Accountln9 policle5 (continued)
hl Grants payable
Grants payable are made to third parties In furtherance of the charitvs object5. Single or multi-
year grants are accounted for when either the recipient has a reasonable expectation that they
will receive a granr and the trusrees have agreed to pay the grant without condition. or the
recipient has a reasonable expectation that they will receive a grant and that any condition
attaching to the grant 15 Outside of the Control of the charity.
Provisions for grants are made when the intention to make 3 grant has been communicated to
the recipient but there is uncertainty about eSEher the timing of the grant or the amount of
grant payable.
1> Allocatlon of support costs
Resources expended are allocated to the particular activity where the cost relates direttly ro
that acrivity. However. the cost of overall direction and administration of each acriviry,
comprising the salary and overhead costs of the central function, is apportioned on the
following basis which are an estimate, based on Staff time, of the amount attributable to each
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 ani
costs associated with the strategic management of the charity's activities.
j) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at ihe amount prepaid net of any trade discount5 due.
k) Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investment5 Wlth a
short maturity of rhree month5 or less frorn the date of acquisirion or opening of the deposlt
or similar account.
l) Credltors and provlslons
Creditors and provisions are recognised where ihe charity has a present obllgation resulting
from a past event that will probably resulr in the transfer of fund5 to a third party and the
amoL¢nt due to settle the obligation can be measured or estlmated reliably. Creditors and
provisions are normally reco9nised at their settlement amount after allowing for any trade
discounts due.
m) Flnanclal Instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic
flnancial instruments. Basic financial instruments are initially recognised at transaction value
and subsequencly measured at their settlement value.

The Charles Russell Speechlys Foundatlon
Notes to the flnanclal statements
For the
ear ended 30 A rll 2024
2 Income from donatlons
2024
Total
2023
Total
Corporate Donarlons from Charles Russell Speechlys
Other Gifts
533,264
481
492.887
170
All income is unrestricted.
533.746
493,057
3 Analysls of expenditure (current year)
Charitable Governance
Activities
costs
Support
costs
2024
Total
2023
Total
Grant making (note 4)
Independent
examination fees
452.462
452,462
284,521
4,200
4.200
36,795
3,960
11,600
Operating Expenditure
36,795
452,462
4,200
36,795
493,457
300,080
Support Costs
36,795
136.795)
Governance costs
4,200
14.2001
Total expendlture 2024
493,457
493,457
Total expenditure 2023
300,080
300,080
Analysls of expendlture (prfor year)
Charitable
Activities
Governance
costs
Support
costs
2023
Grant maklng (note 41
Independent
examination fees
284,521
284,521
3,960
3,960
11.600
Operating Expendlture
11,600
284,521
3,960
11,600
111,600)
300.080
Support costs
Governance costs
11,600
3,960
(3,960)
Total expendlture 2023
The independent examination fees in both periods are dLte within l year and include VAT.
300,080
300,080
12

The Charles Russell Speechlys Foundatlon
Notes to the flnanclal staternents
For the
ear ended 30 A rll 2024
Grant maklng (current year)
2024
2023
Grants to Instltutlons
Home Starr UK
Emmaus UK
Z2k
Khulisa
SafeLives
Gloucestershire Community Foundation
Surrey Community Foundation
Buglife
Food Bank Aid
Plymouth Citizen5 Advice
UNICEF
European Lawers In Lesvos
City Solicitors Education Fund
Univeristy House Legal Advice Centre
Fat Macy's
Z2K Disability Appeals
Greater Manchester Immigration Aid Unit
British Red Cross Morocco Earthquake
Britlsh Red Cross Libya Floods
Soclal Mobility Business Partnership
Solicitors Benevolent Fund
London Legal Support Trust
Blackfriars Settlement
The Churn
Inspire New Hackney 8usine5s Trust
40,880
40,770
40,500
40,500
40.500
32,500
32,500
28,000
21,643
20,000
20,000
20,000
11,800
i 0,000
i 0,000
8,000
6,369
s,000
5,000
s,000
5,000
4,000
3,500
1,000
30,000
30,500
38,000
30,000
30,000
20,000
20,000
5,321
20,000
11,000
i 0.000
s,000
i 0,000
io,000
5.000
4.000
3.500
2,200
Total
452,462
284,521
Analysls of staff costs, trustee remuneratlon and expenses. and the cost of key management
personnel
There are no employees of the Foundation.
The total employee benefits lincluding pension contrlbutions and employer'5 national insurance)
of the key management personnel were £nil.
The charity trustees were neither paid nor received any other benefits from employment with the
charity in the current year or the prior year. No charity trustee received payment for professional
or other services supplied to the charity in the current year or prior year.
Trustees, expenses represents the payment or reimbursement of travel and subsistence costs
totalling £nil 12023 £nil).
13

The Charles Russell Speechlys Foundatlon
Notes to the flnanclal statements
For the
ar ended 30 A rll 2024
Related party transactlon5
During the year, there were no payment5 to related parties (2023 nill
Aggregate donations from related parties were £nil 12023 £nill
Taxatlon
The charlty is exempt from corporation rax as all its income is charitable and is applied for
charitable purposes.
Credltors: amounts falllng due wlthln one year
2.024
2,023
Other creditors
21,739
12,806
21.739
12,806
14