CHARITY REGISTILITION NUMBER: 1189537 The Claude Thompson Charitable Trust Unaudited Financial Statements 5 April 2024 PA BILLIN N&H NEY LLP Chartered Certified Accounthn Nurneric House 98 Siaiion Road Sidcup Keni DA15 7BY The Claude Thompson Charitable Trust Finaneial Statements Year ended 5 April 2024 Pages Tn]stees' annual report Ito3 Independeni examiner's re￿ll io ihe iNsiees Statement ot financial activities Statement of financial position Notes io the financial siatements 7toll The Claude Thompson Charitable Trust Trustees, Annual Report Year ended 5 April 2024 The irusiees present Iheir re￿( and ¢he unaudiknl financial of the eharity for the year ended 5 April 2024. Reference #nd adtnlnl$trallve dethll$ ReRlslered charlty name The Claude Th)mpwn Chzritsble Trnsi Charity registration Dumber 189537 Prlncipal uffiee 17 LinL% Road Ep%om Surrey KT17 IPP The trustee5 P¢i¢r Richard Chapman Nigcl WilliiLm Angus Bdrrie Upion David Waller Gulland lan M(irri%h IIMnker8 Meir() Bank 91 HigTh Sireei Ep%()m SurTiy KT19XDR Jnv¢strnenl Mana8¢r Brcwin Dolphin l? Siniihfield Sircci iA>TKion ECIA9DB Independent examlner M. Fit)ni% ACA. ACCA NUn￿riL Hou.%e 98 Siaiion Road Sidrup Kent DA15 7BY Structiirel governance and managemeDI Governing documpnt The charity is con%tLiuied under a TnLSt Deed da*d 12th FebnI￿ 2Q20 and th Supplemeniary Deed da￿d 14th April ?020. 11 was rLgisicTed wi(h Ihc Chariiics Commission on 18ih May 2020. Thcrc have bccn no changcs in its goveming documents during ihe ljnatKial year. The Claude Thompson Charitable Trust Trustees, Annual Report1¢o#iiN￿} Year ended 5 April 2024 Strncturey EoTrernAnce and maDa2emEnt Governance The Tru%iees are ap]x)irted foi fixed and. by A￿1￿￿1 consent, may be re-ap]x)inied. Trugiees are Tecruiied wilh [eg￿d io Iheir respeciive knowledge and experience. There is a comprehethsi%'e pre-appointmeni briefing for new Tnisiees. Any new Tnjsiees are aprM)inied by Ihe exisiing Tn1￿ce b(xly. There is a minimum number of tour and a tnaximum number of eight Trusiees. The aim is io ensure ihai a wide eXp￿rIenCe of anlaieur %pon is represenied with an appropriate level of skills io manage ihe affairs of ihe Chariiy in a p￿￿en1 and appropria tn(IDDeT. Man4Rement The charity j5 adminisiered by David Gulland as Secretary wilh support from ￿her Trusiees acring as volunreers. The Tru%tee ￿￿JY as a whole overseas the man4L8emeni of the Chariiy. Objtrtlves and #ttlvltles Th¢ purpos¢% of ihe Chtiriiy. as s¢1 oui in th¢ D¢¢d. are io Promo￿ th¢ ponicipaiion in aJnai¢ur %pon by Indking granis 1() Fp%()m Sp()ri.% Club or 10 oiher charitie% providing faciliiies for Jmdieur spori. In %haping Ihe objeLiive nd planning aciiviiic.%. Ihe Tru¥iee.s have con%idered Ihe Chariiy Commi%%ion's guidancc on publiL hciiclil. inLludingT the guidunce 'PubliL Benefii.. running a chariiy IPB21". AchlevemenL$ and Perforn￿met Durinbl the financial year the Chariiy w&% approached by Ep4)m Sports Club aboui p)ieniial fJnJnciol %upp()M ()n Iw() maj()r pnijeLls. The Chdriiy has indica￿d io the Ep%om StM)ris Club Ihdl li will PT()vide suppL)rt i)ii Ihe pr()jLLl% al an appr()priaic lin￿. However. nciiher pr()JcLI w&s ai a 4uiiable siagc f()r uwarding gran1.¥ during Ihe linanLiJl yeiir. AN a re4ul¢. thc ChaTily did noi makc any gTilnl.% during ihe finarKial y¢ar. N()nLihLIL44, Ihl Chiirily IS %¢iiiili¢d thai by expr¢.￿%1ng 11% willingffs% 10 pmvide in the very near fuivr¢ il 1% fullillinb* il% ¢hiirilJble c)bj¢iliV¢%. II ex￿¢¢5 10 make %uhidniiJl grani% io th¢ Ep%(>n s￿rts Club in nexi finan¢ial year. enahling Eps(Im Sp()ri% Club ii) ￿hLeVe 115 objeeiives including ihe pron￿li0n ol partieipaiion in aNieur %pon. Prlncipal rl.sks 8nd unceriaintie5 The ¢rusiee.$ ¢on.¥idered Ihai ihe main risks were a$ follows: I I Inve%tment ri.%k- ihe ¢x*mdl ¢nviri)nn*ni l¢dding to a significani fttll in ￿rket vdlue of inve%in*ni% and lo%$ of invebtmeni income. 21 Operational ri.sk Ihe risks wiihin Epsotn Swkrts Club arising from its P055ible inabiliiy to generate dev¢lopmeni furtd5 and support il.s wide ar¢a of arlivili¢%. Th¢ fir¥t risk i.s mandged by LL%ing pmfe%sioNI external invesimeni markLger% i)rtraiing a regularly reviewed Invesimeni Policy. The second risk is mitigaied by regular dialogue beiween the Chariiy and Epwm SrM)n8 Club. Grant making policy Funding r¢qu¢st¥ Jff made by Epsom S]x)rts Club iiNI a￿ ron5idertd bJs'is. Dllrirtg th¢ year the Chdriiy develc?ped d lortg ternh.%tra*gic appr(Mch to IL% grdni making ￿)I1¢y. The Claude Thompson Charitsble Trust Year ended 5 Ap￿ 2O2A No￿ltab￿8[$Dtr w¢ff Tnod¢dwingU* ye*r (weviouslyof U1J(W. No I￿erveS ate heid for ally po￿1181 f40ty¢ Itabilittes giv¢tt the ]jatt￿ of & lJJxtity$ OP¢TatioDs Trbich coDsist The net oFrntitiS swpIu5 f4)r th6 yfdar wa3 £23,251 Aft￿ investztut saiES the net swplus fw the ye4r w&* £83288. thE year the portCo]io exp￿ienCEd an Overall investrot perf[￿M￿n￿ of 8.0%(pECVi4￿S pcriod: (4)%). taking OTte year another. seek to srRftd all net incotnt ¥8 XL ￿1$2$. T]wtre6 se¢k ts ￿10t1￿ t thie itsi appropri&tc to tF* op¢rntior of the TrnsL Th¢ Tftjth rollsider t&￿ the ￿1￿¢ of Such funds at 5th l..7..S*.2è.¥. &igD&aon behalf ofth¢ ix)ardof tThst¢cs ty. The Claude Thompson Charitable Tn￿t Independent Ex8mSner's Report to the Trnstees of The Claude Thompson Charltable Trust Year ended 5 Apri] 2024 I report 10 th¢ trus￿¢$ on my examination of the financial slaiements of The e]aude Thompsort Charitable TtUSt I'the charity'l for t￿ y¢ar eth 5 April 2024. Re5ponslbllltles and b￿LI of report As the Ituslees of the charily you a]t responsible for the prep￿ation of the fxnancial statements in accordaoce wilh ihe Tequir¢n￿￿ts of the Charities Act 2011 ('th¢ Act'l. I report in respect of tny exgmina¢ion of th¢ ¢hgsitys financial $tthJnBnts rattid out under section 145 of the 2011 Act and in catrying out my examinauon I have followed a]1 the applicable Dire¢iiorts given by the Chatity Cotnmi5sion under s¢ciion 145{51{bl of the Aci. Jndepeftdellt ex￿￿Ener.5 sÉRten￿￿l I hav¢ compl¢ied my eX￿ninatIO)l. I confirni thai no maieftal matters have come lo my attention uj cotllLectio ih the exdminutiDn giving Tne rau5e to believe that in tnateriBJ respECt.' acci>uThting records were Trot kept in respect of the ctwity as required by se¢¢ion 130 of the Act,. or the f1t1￿￿la1 stakmettis do noi a¢¢ord with those tecoids,. or the financial sthiemettts do not tomply with the applicable requirements cotteeynittg the fomi and colltenl of account5 sel oui in the Charities (Accounts Reports) Regulations 2008 other thall any requirement that the accounts giv¢ gnd fair, vi¢w wbich is not & mall¢r ¢on5id¢red 85 part gf 4 indepez¥]cni exatninaLiOn. I havB no concen2s and have cotne aC￿SS no ithei matkts in connection with (he examinatLOll to which atteniioo should be drRwn in this rep(>rt in order to enable a propBr understanding of the accounts to be reached. M. FinniB ACA, ACCA Independent Examincr NunRric House 98 Station Ro Sidcup Kent DA15 7BY The Claude Thompson Charitable Trust Statement of Finaneial Activities Year ended 5 April 2024 2024 2023 Unresiricied funds Total funds Tothl funds Income and endowments Invesimertt income 33,013 33,013 31,261 Tot41 iNcvThe 33,01 3 33,013 31,261 Expenditure ExpLndilurL tsn rai%ithg funds: Invesijneni managetrnni cosis Expendiiiire on ithbl¢ a¢ijvLIi¢S Total expendlturt 8.597 8.597 164 8,779 32,280 9,761 9,761 41,059 Nei gain%lllo%s¢s1 on inv¢sinxnis (rf).O36 60.036 195.0991 Net Incomelltxpendlturel and ntt wvemtnt funds 83,288 83,?88 1104.84)71 Reconelllatlon offunds Ti)Idl I'undN hriiii¥hi Ic)rwdrd Total funds carrfed fonvard 1.241.075 1.241.075 1.14.S.979 1..1?4.161 1.124.161 1.241.07fj The siaiemeni cTrf financial )¢iiViliei incI￿je8 all gain8 aDd lo%%¢% re¢ogni%¢d in the year. All inL(Ime and expendiiure (ierive from c()niinuing dciiviiie%. The Th)tes on pa80% 7 ts 11 fom port ofthese ISna￿￿￿1 stateiiients. The Claude Thompson Charitable Trust Statement of ThiaudAI P(￿1th 5 Ap￿ 2024 23 I1￿￿43 1,194,757 1.416 14 41901 C28h tttbaDk&t￿ inljand 47,CB8 870 73.820 46318 lJ24.363 lJ2Èk363 1.241,075 NetAwts 1241.075 I J24363 IJ2L363 124i,(r15 1.241.075 l6 The Claude Thompson Charitable Trust Notes to the Finaneial Statements Year ended 5 April 2024 Genergl Inforn￿tIOn The chariiy is a public benefii eniiiy and a regis*red chariiy in F.ngland and Wales and is unincoTporaied. The a(Idres% of the principal office is 17 Link¥ Road. EpSO￿L Sunry. KT17 3PP. Statement ofcompllanet These finaticial siaienKnis have beerh prepared in compliance with FRS 102. The Fjiiancjal Reponjng Siandurd applicable in the UK ar￿ Ihe Republic of 1relthr￿.. Ihe SiaienKni of Recomrnended Pi'uclice uppliLuble to chariiie% PTepi di%LC)unied. Investrnent income Urwestricied T￿￿1 Funds Unre51ricted Total Fund5 FurLds 2024 Funds 202.3 Income from li%ted inve%imerti% 33.013 33.013 31,261 31.261 The Claude Thompson Charitable Trust Notes to the Finaneial Statements Year ended 5 April 2024 Investment mAn￿ement costs Unresiricied Total FuThds Unrestricted Total Fund Funds 2024 Portfolio management 8.597 8,597 8,779 8,779 Expenditure on charitable activities by fund type Unresirictrd Total Tr-unds Unresirictrd To￿) Funds 2024 2n2.1 Ch￿table donaiiong ￿ Epsom Sports Club Support costs 31,51M) 78(1 31,500 7gll 32,280 32.280 Expendl¢ure on charl¢able 4c¢lYltks by 4cllvl¢i ¢ypt Totgl funds 21124 Toial t'uiid 202.1 Support co%ts Chariiable dur)aliun% to Ep%()m Spurt.4 Club GovLrndnie co%1 7X(I 1,164 32,28 Net ialnslllossesl on Invesln*nts Unresiri¢ied To¢*1 Tr"unds Unre%iri¢ied 2024 Toidl Fund RLali%cd gain.￿{105￿csl on lisied invc.4imcni. Unr¢ali%¢d g4ins11lo&*sl on li51ed inve.%imeni 19.408 19,4081 46,797 46,797 69.444 69.444 1141.8961 1141.8961 (￿.0.16 (rt).0.16 195,0991 195.(B91 Independent e￿mInatIOn refs 2024 2023 Fee% payable lo the independenl exatniner for.. Ind¢p¢nd¢nl ¢xatnination of the fina¥KiaJ 51alements 870 780 10. Staff ¢os¢s There were no staff costs for the wiiNI. Tr average head eouni of employees during the period w&$ Nil The Claude Thompson Charitable Trust Notes to the Finaneial Statements Year ended 5 April 2024 11. Trnstee remunerntion and expe￿￿eS No rernuneration OT other benefits from employmenr wth chariry or a relaied eniiiy were rettived by Ihe iru51ee5. No truste¢ expenses have been incurred. 12. Investn￿ts Li.4ted investn*ots Inve4tN*nl pioperties Total C05t or valulltion Ai 6 April ?11?3 Addiii(Ins Di4p()4ii14 F