2024-12-31-accounts

REal8TEIED CHARwfY NUMPER: 1191X*2 UnaudK ndal Ststèmèn Year 31 County ¢￿ty Way Kshke BA14 7FJ

onl of thB Fln 31 1 to 4 Bnca Sheet NLés trj thE Fkncl•l Stat•m 8 to 15

The trwt808 pres￿1 Ihelr rei)%t fmanci81 of¥￿ Lthwty xlh8 yBBr ended 31 Dacèmbw 2024. The trLth¥ ha￿ •dopt8d the of by Charflk¥.' Statement i)f R8commenW Pr4rf 8ppikabie ts) cknrfUe8 prep8thg Iltr ar)￿nts In ￿lIh the Hnanrjol Ror￿1ThJ Standard g4)pllcabltr In th UK Rewblk cl I￿knd IFRS 1tr2) ￿19). OWECTIVES AMD A¢TiwfE8 Obl•dl¥oN and alms Th& cct8 cllhè TN8tAr¢'. To re8b)re. ntrrtal). th8ncq for thè rflh8 groW￿E 8MI i¥JMng& of Hall, Brndford on Avon To advance Ihe e(lucqtiortr oflh• pvtrAlc the 8r¢hltrÉ(Jre ofThe Hall by l￿dI￿ ¢¢ a8sbtlnu kn Ihg pro￿5￿￿ of twrs ethKatponal ovents To the ed￿a￿on olthe pubDc in the d68in sdencs. Nsfyyand ra18tad 8uWe¢ts fvough th& mant•nan¢& ofon <ff ￿Ju¢4¥on￿ Thalori aryl maklw Buth 0¢cgèslb￿. art throlrh le¢ttes and other edUPAt￿gI4Ct￿1eS To a(fvan¢g w¢h otlor purpoe86 may iE rtrftsbb lowofErylaTrJ )d W818S Durfng Iha 2Q13 y&arth• Charit)le Twsl re(thd 8 olft, undBra Deod ofhprxJlrkn7￿t dthj S Juty 2D13, fr¢Mn the Ajex Moultofj Deceased Wlll Tru¥t GOn￿sting of Hal ￿ 8raifud OY A¥￿Th, h￿6•hOkI 8ThJ pernMI gooe4 1 propwU06, an Irwe8knont porlfouo L¥8h. 7he Est&to of bjrydngs d8tiTrJ from thè 18f(ts lo Ihè I9￿￿. Th pJhdpaJ Is The H811 Burroundod by ¢. 3,6 he<4are Estale. kn knn Estats Ind dr••kng offkx8', tsYrAc&I eotlage8,' th6 Dovecote cottgp.. and threo ou181de stone 18mplos'. Tho 16 a Grad8 1 prop8ty datong fr(xTr o 1610 8nd If has bèèn de8u1￿ És on& of th8 TlTh)St itryLtrtsnt ￿￿1.788 h Erwnd. Th T8rrdCg of Ih H811 Is orade Il. 118ted. Iho Do¥ewle18 Grade11 Ilstsd and the E8t8te In 4t8 enfjrety * ￿Je1[ kted. Tl IN$tse8 conthr th&1 due to th& hlstory and archltectuiaj interest of the sttè. IQVther￿th fh8 hIst￿l army ￿￿tUr￿ 8Wfyxnce of art8fac15 cOn￿￿ted wTlh th8 inthJ3trW and eroine& Iwlage of &¥AoTd A¥(¥4 tha 89Ss be pr05eTrd for th8 fulurB u8e a￿1 edu¢atkJn oflhe ￿ar￿1 Th& TN&t¥ ￿￿en1 alms ore.. To prI￿oe Thè ￿￿1, Br￿l￿d (ffl A¥vm as a 8Th1 rt•rBstwd nthral beaity U)rough evenls and #thitle8 To th8 ofthg publ4 tn paTU￿ Ibut MtÈxdW￿fy} In thg ofanglrwwlns and de81 the (>)D•clkn Slgnjllcant ￿tMlle Thè (arlty 18 m8lnWnlng the hedtage 885$18 throltyh a wryramrrts of I3$￿￿ rèpNdng, li id￿￿￿￿tK)n and malntèrn¢e basèd on a The Tnfr5t to lh8 8staEe as an ￿le￿￿OnI herltag6 slte offerlng events, vwue Nre edibjaikn kf olaua 2024 The Trust 0)n￿￿ye￿ wents pKgrrn grcJncK QLtsKf Ih8atre aThJ rnwlts eve￿￿. 01trAcUro over 1,500 ettondees. WhNBt rawms varled, tr98e ￿ents prO￿d￿j opporW$8 IOT tha publlc to onJoy thB groun(L4, 8rchttec[U￿ ¥nd h181oryofTh¢ Hall and AMCT. HoJse were vary rtt8W, the Introduct1￿ (new hIstOr￿ narrdliv88 Pamllencè rnsth. Monthly sold Blrongty. oftan to ¢apaolty, and the lau￿th of Chrfslmas tour8 prow espaciaty wpubr. èthblbNng thomso￿& a¥ an annuAI fethre. Overall, rnre than l.CIXI v181trA8 ervJapJ wlth th8 Mu8e tour& Th¢ archw ¢dlEclon I￿1h SvArKlon & Vllllshitp Reccrts l)Nke, ￿nI￿￿￿5 ken8wè the longgvltyof tha t£4￿ct￿an. gnablng public ac￿6 (as pér our charllgblo Ob￿>. Thrw rorrfns launthed in January2024, aclkno an avwag9 of80% ￿rOsS year and welccffikng 1,0(￿) guests, a re118 kn¢x￿ £b¥gm. A weddlng venue offer %Ms laUnd￿d 2024. or8attng a￿d￿Onal forfU￿￿O kK>)me dIvrn￿￿tI0Tr, The fwl intTDduced a nxmtvthi> schwne. 5eLin¥J ￿ mwrtws kn dalB. arxl laU￿h￿NA a bgnth¢th' Inllladva h8B FpatyallraCt￿ t4wJ 1rteMall￿8Id¢ P￿lIe beneflt The ¢h8rity InMtO08 conkn th9t tsy hm h1 rwl lo th8 C(rntsthn on puLIto b8hèfft8nd haw foFAM¥d Ihls kn pfwing th8 *(IhMk6.

ACHEWEl￿5 AND PERFORMMCE Char5tablg ttdlvltios Thg ¢h¥dtbb acll¥ty rwr693 exp8JMkd r4¥8wrt tha ()8ts In malrtthhg end runnlng Thg Hall wd the grr)und5from th8dle the &88els donaknj to tho Ctrthtsble wlth ullimatsty onabllng th￿ a$￿t6 10 bf ullll86d for 8warene5s aThY ed￿￿tIOn frx the put4ic. ELKalk)n81 ttsurs w8r8 ￿n￿nu￿d throughtyjt 2024. A¥g8S to ed￿110n￿l rn8t8ria15 vas Nla thg 8rdkn rnllodcx) wlth Swlnrjon & Wlitshi RÉ¢ord8 (lffi¢e. Fwrvthn of the I￿5[11￿j ￿ ccdleclkn of￿￿cti Hall x¥xmenced ￿th a ¢atJulNJ proc968 for artelaGts. Con5ervatrffi m8hten8nco ofthe FINANCIAL REVIEYI Tho Trust m￿ntaIns Ihe Este aTKJ ¢kn8 Th)t re￿ ex1 AwNJkng. R8nt4 Inc(¥ne b th• moEn stsurcè LIfiJ￿6 for th TrusL In 2024, tho Trjst had 2 r$￿￿en￿al tsnaThis 1 rAmierd81 lenanL Tr Tnwi Iwjniknd 3 roomg Int￿￿ of the mmh) Hall for holdBy gu8 stays provkkng £QYK lthe flr3Q )Baw launr.Tho Trnsl ￿ntinU•j evtrnts and Ven￿ Nre bthlch fvBtthd kn a Trust ran o 2024 knL¥Jm¢ lo meet operaU(wl l￿Jg￿. The IMI of reserves £201,048 al 31 2024, r(KYb 12 n￿￿1h5 lik8Yy e>wNIIurg Sn th8 rnnwng Ib8d Ort 2024 The tWStees Itavo tX)rnmen￿ 8 n6w IrKorn6 stream vta lh• L4unth of IK4vJay rent91s. Earty fin8ndd vkufrty 8tL hBw soughtto onobla dawb8f the and m)mmenGg r&%toraNon ofthe Bstats. Tho thgrtty h￿1 net defidt10r￿ year of £57,05712023.. of SXJ9295h I￿lu18d wlthln net h￿nts Is £88.131 ki88 I2￿23. bss of £101.0021. The Iwear ¢Jvficlt gener fv￿5 w48 £106ffi11 I￿23.. £124&341. r¢￿ to a88et rrffj1ntenancE and maDageTWt costs In exo8s# of the ra￿1 from d￿r]lleE invesknth and gctfvlilo¥, Re¥orvw pc41ty Thg TNst manag0s reser￿ to enyjre the srnoolh and efferjhv ju￿￿9 rrf Orgabl￿tIOn, Ihe fin8n¢lal ￿81th of Tru81 ￿NI th8 to forward pjan. The balThs gre I￿￿j to Lknlr• and m8et th& &￿￿abl0 ￿leCtIveS of th8 Chat￿y. ts tni8tse$ have Implen￿d 8 FK4oy 20221. klenthd thot re8gTves Gw I￿ U8ed lo.. C<wwshortfal8 Itts unaL40 to g8ner wffldwrt IN￿ to rLwer Lxsf6. PfoWlh8 Trust Irom ungxpthd thops In tr￿rAne w InGf8888S h c¥)81& Address slgnlfiwt d18 Main￿an¢t1￿5￿•s and whol worts thal <%nrN)t be rnet by the Ivwt￿rFaI bu&J¢t. Invest In wots, siafflng ond b) Ihe 1r￿n￿4ng Lapadty ofthg charlty. y amorgenoy 81tu8licrf N unwwlctaj thatwe fun(kn& Inc4u(Mro thand81 W due Incldent8, frwd and ¢thi8. Th$ Trust Idenuled ￿able bu91r0$8 M￿e[S lo ImprDV8 en8urtr Ihe ILm￿ty of lh8 Trugt 8Th1 ¢onlnuas IN8 Ir0 2025, g9neratiw Ihe lev•1 ofaDnud IrK¥JTrw t0cla￿tsck ￿ rèstore re8erye8, Tlw not currently gewat8 rned ￿ op8ralj￿al ngèts. As stKh. the Trust rur6 8 delk4t IxpJpg1 arKI Is u51tYJ Its reser5 as ob(Ne. The TnBt cuffenty Ws l• opwato fo" appro>Jmately 12 morlh8. Inv•slmant pol1¢Y￿(l o148c￿6 Tha tnotees rnaintskn 8 pothlo of rnLwl th In¥6skn￿tt w(wlle8 thal wtofth& E6tato left lo tha ehorfty kn 2013. Th88e prryrtlts wabb th? ¢1orfty to gener8tè Irvxrtne. t¥Ji thefr Ii Klukl nalwe do nut Lxntrfbutb toward8 Th8 Hajl runn￿ ￿$ts. FuthmioTr. the h8ve s1wdft￿I mthtonw¢% rep&lr NUIr￿entS reduc4ng thdr htr>)m￿enernlng ￿￿brmy. Appkath)ns krfiThkng trj sw)pthtth9Tea￿fVr tho 8618ts o)l$ Is 8(xght. FUT(NRE PLAM8 In 2021 8 5-yp8r p￿n oulurlrvj Iho CW wojth rewdred ID (thor irTrL#)nw 8tr08mg, lo b8com& nan¢laly w3tsl￿b1O Indud1ng ￿nu8 hire, and ￿￿1raI￿g ¥Ms rrfoducod. The TNst hag th pl8Tr and o)nduded that 8 Msitor operatits) m¢￿8[ 7AiI t)t go1￿￿{0 th'8rrt knccffle kn SUFVDrt the finar￿le1 liablllues of the Estst¢. Th& Estsle IrKurn s1g)lflwa ￿￿ c09t6. Th TNst h8w C￿MenCed a ￿￿daY lot ￿an, ther6by and ro)m8 and a)tt8ges on ￿ &late. lthal a (kaw L¥) r8S8TVOS Ct¢wred witti laurth ofthe flrst phas£ cunmen¢kng kn 2024. Eythj ROI LsfoTewt for 202& STRUCTURE, GOVERNMCEMD PIANAGEMENr Govwlng document Tno Is rJJnlrd18d by Ib ehorlty¢onpHtsth) The Alex m￿lIOn ChorWI8 hx#yp)Rted {CKJI cffj 24J￿9 2020, Paga 2

STRUCTURE GOVERNAMCEAND PJAMAGEMEIIT R￿ruIt￿nI and apptslthntc4 nwtntst•è8 Every trustee musl ￿ appointwj for g l¢rm by8 passed 81 a propaty COnve￿d moets￿ of th& dwrfty 1ruste￿. In 8Ple¢1￿ Indwuals ltsr8rveintm8nt 95 ctty tru&efS, th8 tharfty trusiees musf havo ragard io the s￿118. knowl¢ty and werfon¢8 neèd8d forthe effe¢￿ ofth8 CIO. A ¥kJlli aurlt of 0￿11￿￿ Intstv¢s ps to sk4b aNJ expert￿CrI req￿1￿1 I￿1￿￿9 n¢w Irustw, £gan￿tIon91S1wc￿TQ Day to day m￿&￿eMOnI olth$ rthadty in onbwl￿l b S J kkn¢n I&Lots8} and C C￿[•￿ ICEOI Indu¢¥on and tr4lntw of new In￿t•88 Inductlon and ts1n1￿ 0ftrus￿ 18 carri8dvrt+Te cubY¢r￿ wrK(yith. REFERENCE ANDADMWII8TRAThE DEfAiS Regbtered Charltynumbw 11￿082 Prlndpal ad(￿88& The Hell Holl Road B￿jf0rd on Avon wnt8hlre 8A16 1 Trustee$ H U$￿I￿n I￿$￿￿ned 30.624) H M Hlllbrd {msW 30.8241 8 J Mssen AM8Youb P W Barker C G Johns J R￿lac￿ laprx)rt&Y 1.9.241 H Rena lappdnted l.9.241 D J Robtn8on14ppointod f7.125J Ind8ponr*nt Examlnor Simon Cunnlngham nah8n8 Chatsrgj Acojuntan County Ga Qiunly Way Wlllshlre BA14 7FJ 8olloltoro Thrlngs LLP Mldknd BrJdug BA12FkJ Mlll6 & R•8ve 1 Ctty Squwe Le6ds LSI 2ES Bankeys LbydB pro 64 Fore Street T￿￿bridge 8A14 8EU

20 prov￿ bytyd8rdth8 frvBto080n ..-........... on b betwlfty.. 18e

TnJsta88 Tr Th•Aox tntlepondont •xamlhBt¥ r•portto th8 tNstees o1Tho Alox Chkrifable Tru8t I repct to th¢ ¢harily InJ8te6s on my 8¥gminatbn cdtho accounts ofTh? Ajpx Charft&bla Tru811th8 Tn￿) for th8 yèèr9nd￿1 81 DecembeT 2024. ReBponslbllltlg8 and b481s of raport AÈ the charlty ￿5t￿& of Ihe TDJst y¢u are for th? prwzkn of •cv)urts In ¥L>>Jdance vAlh tho requlM18rts of th8 ChaTltlas Act 2011 Art). I report kn reS￿E ol my 8xBm1n811￿ ofthe TMt8 ￿>Y￿8 ¢8th5 urlw Sa(akn 145 of Act and In r8tyNJ OLrt my examlngyon I he￿ Ic4k￿ al #P￿1(all0 DlrnL(ths gNon ty Ihè cL¥TwnI￿￿ ￿d￿r 8ectw)n 14515Mb) ot the A¢t. IiidyndgntgxnEn$ staterrttt I hgv8 (wletod rny eyamlnalon. I ¢JDnfim) Ihat ts) rn8t8rfaf mattws Its my ￿tt￿Th In c¥)nn6cllon Ihg 8¥￿Inal￿n gfvlrvJ mg wge to belth that In any malwtBI re5F¢¢t gecxiunthyd re¢<dB ￿ra Mt wt In rwcl Tni8s tySe(kn 130 ofthe ￿ or the a¢oounts do not x4th rBoKrfd5", the do llot c¢tyy 7Allh tha eoplicable (x)n(wthJ Ihè fDM and of or%•)urts set Jt In the Charfues and Repctsl Rwl8lu)s 2(X18 ¢knr than any reqLrwfflBnl tkot the &eounts gl a true and falrvi8wvthich is not a matter as part of n eyAmlnatlon. I Th) co1￿￿$ ¢ome no olhorrrrter¥ kn t￿er￿ th8 eMamlMbon to whlth atlthrl should ba drown kn th18 rgpjrt In orderto en8tla a wvjsrsbnthw of the wxjunts ltr be rea¢Tr￿d. Sknon Cunnkn9harn onsh8ns Chartgr8d A¢￿XMtan19 Cwnty Gats Gounty Way Wlltshir8 BA14 7FJ

2024 Totsl nds 2023 lundg INCO¥E AND ENDOIVMENTS FROM DonaUcD8 and I￿￿e8 0thorfr7thng th[0&8 Invesbngnt Irrxne 1250 117.fO8 33A68 117,108 41.475 50,31e Total 151A6 EXPENDifiiRE ON Chafftabje q¢ttvltl¢8 Runrlng and Makn18n￿tt8 oflrflage 888etg 275,014 275.014 230,513 Not g8w1￿•0) on h)¥aslm¢nts 131 6e.131 (101.rA)21 NEf NCOMEIIEXPENDrruRE) Transftrs bthw$8n fvn¢J8 (57.057) 8,9T5 17 (57.0571 (3,975 (239,2951 Nét movem•rt Its funds 153,LJY2) 11975) {$7,06n p392￿) RECONCILL4TION OF FUNDS Total ￿n￿$ brolqhlf￿td 4,075.268 3.976 4.079,243 318.538 TryfAL FUNDS CARRIED FORWAIID 4.022.186 4.022.186 4,07g.24S P8ge 8

2024 23 FIXED ￿￿Er8 Tanyiblo assets Hèiilage assets S)￿41 inve8th18nts 11 12 f3 118.5 1,919,43) 1,748.149 117,878 1,919,450 1,717.018 3,821,138 3.753.846 CURREvfA88Efd Ca$h Rt bank haNI 14 197. 314,4 228,S24 352,825 CREDfioRS An￿￿nts vltrln >W 127,47ei 127.428) NEf CLIRREtirASSEr8 2(M,CNq8 325.397 4.021188 4.079.243 NET ASSErs 4.IR2.186 4,079.243 FUND8 Unrestrfcted fithd6.' fund FIX￿ assgt re88Na M£lor r6palrs roswv 17 143.284 4824.668 &1,234 247,920 3,7S3,846 T3,￿2 4.022.186 4.075.288 Resbl¢tyJ funds 3876 TofAL FiIND8 4,022,186 4.079.243 llh9 fin nts approv&1 by Board of TnwtO08 ￿)d authorfO￿ for ts8ue on Zh7k.-............. and ￿g￿￿j ￿ Its behatrty. ker- Twsteg PA99 7

TlA ACCOIJNMG POUCE8 Ba$4$ of pr¢parfNJ the IlnaM181 stthmonts Thg Alex Mwtton ts a tharftaN8 orwkn8ts)n (CIO) rlered In Engl￿ and W5. DL¥lng I ar all the •$$ets end laEMlill￿ of former urincoYpor8tod ftharfty IGtwThty rggjstmlon nurnter 2731581 wore tran#fOr￿d wto thls new CIO lthaFty regstrallon nuth 119)J821 ¥¢t up on 24 June 2020. Th8 alér888 of ts wlsteNI olTke L8 gfvgn kn the on pago 2 of th080 Iln8rn181 8taleMant& nabjrp ol Iha ¢wiVs OPEratkJn$ piknJ ale b apply res￿r￿ lor putpc68 rrf m?knWnlrvJ end ￿nrN￿9 Th8 Hall E51ate Gr￿nds. Th@ ¢hgAty oon$fftuie8 a Wofil •rtity as defined by FRS 102. The fmancl stateffl￿th bè prEpsr8d In a¢c)ré8nco ￿th Ar￿unt￿ ReFJJttffj by Chlles: Sbtemont of Rtrxjmmended Pracfjo ISORP) ap￿[Cable to charftle8 Fxepailng thelr 8L¥XMWrt8 tn a¢Lxxdanr Mlh the Repordng Stan(lard pplI￿￿kn in th& UK R¢wbllB of (FRS I￿￿) 2019, th& ￿n￿ne1&1 RepOrtir￿ Standord thppll¢ale In the Unlba aNI Rqxt of IFRS 1tr21. th8 Ad ¥)11. ￿ UK Goneratty Th8 flnwdal slalemerts havè rrfep4r￿l to ￿ a and r ayj hth d8rArtgd from th• Chgrllb8 (Aroourts 8rMI Rowts) RogUbu￿S 2(KJ8 to tl ext8rt requlrgd to p￿de a Iru& and fair Th18 departwe ha8 ltsyc1￿ folkwAvJ Ihe Ac¢xl￿tIv and R&pctlro ty Chwtties.. St8lwnenf of R¢Y¢tfflmended Prac0￿ appltcabk to r¢epwry ITr acconkn ￿th Ihg FIn￿¢SaI ReFK>rtlng Stantsrd 8ppII(LIE In UK ol kelgrKf {Fl(S 1021 i8W8d in (￿r 2019 r8th8r than thg Ac(wntfng and by Chartkn.. 8takn&rrt rf RectYrnn8rthd Prarlkè effB(Jhp from 1 Aprrf 2c￿5 $￿E bg8n Tho Blatamerts weporsd ￿ a gjlru b wder Ihe NstLYftA crAt ODThV￿f10n. modw Io lThSud8 C¢rtain items at lalr value. The flnanaal statemerrt8 are In whlch 18 the lunoOorbal Jrrwry ol the d)arlty ICAwKlwJ th8 ngare8tL Thg $1ty)iffwrt pdld8S the piepthi rA the6e finènd818t•tements are gel out bo1ow. These pol¢ie8 have I)e￿ col￿ten1￿?￿p1Od tr>•1 years OthoNAso sta￿. Al ii¢ine 15 r&Y3gn18ed In the Stst)w) of L￿0 tho h99 enttflwl tts th8 luThYs, It Is prOb&b￿ that ts kn¢t￿n v+il ￿ rocew the am(KJrrt m08BLKwJ rolbt4y. PEndliurg abllmes gre rrfofval ￿ a¥Fenth￿ &s gwn as kn Ig a I￿1 CK ¢xftstrucUva ob￿￿ commmng th6 harity to that tsxpoThllthre, It ts probthkg that a trar￿r af ￿1￿miC berth 7AIII be r￿uIr￿￿ In setrbm￿t and arn￿t of tho olAkJaiith can b8 MgaSw￿ ralabfi. EyndI￿￿ Is ￿yjrrtBd for on an bg¥1s aKI ha8 t¢en clasgln&d under h•JlrrfJs that gg¥TWe 81 costs related to th8 ¢￿t￿ry. Where costs cannot be dr• attritrXrt￿ to they twi oKated to 8cIMtkB ￿ a bssls ￿￿$181811 Nilh thg uoe Charftsbl? acflvth8 ChaMtgblB reprssqnt th8 o)sts of 81x1 m8lrlh9 ts Trltago asGOt8. chgrlty lThlula ￿f886 and knkodto th8 strÉt thqrity. Tanglbla fixod a5wts FI￿1 assets 81• ¥latsd at COBI le88 8¢cLIn￿l￿d depredgucffi. l)eFxec•tson [8 t￿(￿18￿ * rates c4kulat•d to rfe off the (x)st ofeath sssef 8tsahJht Iln& basis (w ￿ 8YPOCt8d Irf8, Is 81x y8ar6 tr p and MaC￿nery end ten yggrs lorkwmvwnentto W>pgrty. A88ets ￿lsU[￿ over £1.000 arB raAtsIL$9d. Htrll8ge assots Herlt8ge a$$et8 ar8 askds of hl8tarfLL arlth errfl knpJrknr tPot ￿ ￿ld to #dvm pre8er¥alon. rtservatiDn snd 8dUcth￿ oWLal¥6, 958gt8 are IncJded atvaluatkn atthe dat• cf o d6wec4allon L8 cap4￿j ort heritage 8ss8ts the Uwt strJ¥ de￿all￿n 19 C￿￿d•f•d try b8 Inunaterl 88 th6 hav• an Indefirwte wfu Nfe aTrJ a r8thI vduo. ¢xffjunL￿d...

t08 b) the •arE 31 SoEl41 Iw•stsnent8 Vlxed mouve Investsnerf, r￿l￿rNes we hdd lo a rdum BP¢rfiy. alBo ¢xintrfbutè to fhg charlW8 wk18r h6rrl2gè obje¢bves. Mlxed knvestrnents arv stotsd at the bggt 89limat8 of m&rko1 voJg. No d8pre¢lakn 18 Gharg8d on IMsbrnl FWts. JI caango8 In value In the year, ￿ or rbjl are rwriBd kn th8 gpJn¥ and k6ses on knv6Btm8rt •¥sets in the Slat8mentof Aol¥llK88. Taxallon Thg 1$ tsx xfvNte& Fuhd ae¢ounifnu UrTrstricted fuNJs can be a¢wrdwK8 L8rlW)b atthe di51nllon oflh• th￿te08. lheslrfc￿fj fijnds haNE sot 8silo ty Ihe trLth ￿t of unreslrtd fund$ tords 8 6peohl0 purpos8. R￿trthd can onty ugsdts resmcted ￿1ft tw oflh8 Gharlty. R¢strl¢tlons 8rb8 ¥4tsn B￿￿ffte￿ by the dornrorfi￿f￿rth ￿e rdlswj fDf p8thular purpoGOS. Further exp￿￿￿On ￿the natln &)d PLxfm8 ofwkn WKled in lh8 nc$ to th¥ fina￿1￿ $totemen costs and ¢)Ilw postardlr¢mOFrt lJen8th Tho c41arfty opertl¥$ a defin8d wn1rWiC￿ scIMe. QcthMJlp)ns payable tr) the ctsrltys pon8t( ¥rv Gharged to th& SlateA￿￿t of FinwKklAc4kn ￿ Ihp bJlh Ihw r*b. DOP44TfoNS AJ40 IEGACES 2024 2023 Donatlo 12SO 429 ¢yrHER TRADINQACTMTES In¢offje ￿E19T￿rbth1 Tour8 and e¥ents 8.680 24,608 18.079 25.398 33,408 41.4Y5 IVEsfkqENT IN¢OME 2024 2023 Renls I￿4Ved rhmdonds and lrteregt rnceW6 I13￿94 3.414 4B208 4.108 117,108 $0.318 c(￿nYed...

Inan¢lal thB YeaT 1 D•Èern 2024 CHARJTABLE ACTMfiES COSTS )stsl noi6 6) Trlals Runnlng malknceof 149,772 125.242 275,014 SUPPORT COSTS Totys Runnkn9 aThJ fflalrten￿￿ of lrfaago &S¥e I17￿15 7.727 125,242 31 Owiber2023. STPEF com 2(Y24 2023 Wsges sth 8odg1 seaurfty t￿)str Oth& pgn8wJn o)sts 111976 2.893 1,64e 91,89S 1,217 1.598 117,515 94.711 Th• abvage rncrrtNy numbtroférryjby￿ OJrknB the yearw 88 folkn.' Athnlnlsbion FWe¢t devewment Fh)usekeep¥ig No pmploye$8 r8cefved kn ax(￿ of£80.iVJJ. Thè c￿￿der8 It8 kty pers¢xThI the trust895. No emkn8 b8ngNls wor rotlvgd by key man89eow* FwE0nr￿1. EXGRAll4 PAYMEiirs Dtthg the ye8r Ihe chartymth ano% payiiw# rfeNU (2(W: £Q1481 10 ¢rthlnued...

bte )theF 10. ¢OMPAftATWE8 FOR YHE STATEIEIITOF FINANCL4L ACITvnE8 TDtsI lunds INCOMEAND ENIX)WMElnS FROM D(￿all￿n9 kgados 42 420 othEr trad1￿ actMIio8 Invknnt Irthma 41,475 80,216 41.47S 50.316 Totsl 92,220 EXPENDilliRE ON Gharltabl• activltlgB Runnkng ￿nIgnor￿ ￿ harfi8￿ wels 230,513 230.613 Nèt galrllkw$l ￿ InvE3tsneil8 (lo1.￿2> (fo1,￿2) NET WCOMF4RXPENDITiIRE) IZJ9295} 1239,296) RECONCILIATION OF FUNVS Total funts bro￿j￿t 4.314,563 3.975 4318,538 4,075268 3,975 4,079,243 11. T￿1BLE FIXED A88Ef8 Pknl &nd rnachknery Totalo COST At 1 J8nu8ry 2024 Addttlons 128,498 19288 6,062 132,550 19,268 16,0521 {6,OS21 Al 31 Dec¢mbgr21Y24 146.786 145.76e DEI>RECL4TION At 1 January 2024 Chorgg fori%ar EllmFnated on 12,650 14,577 IY22 15.172 14,5n I2,6￿} 12,S221 At31 D￿Mb9r2tr24 27x27 27.227 BOOKVALUE At 31 L¢¢mber 2024 118. 118.539 31 D8cukn8r 2023 113.848 117,376 PwJe 11 L¥Jn￿￿￿￿...

d8d 31 2024 12. HERITAoeAssErs Trrtal MARIE[ VAWE At 1 JanLwy2024 31 D•￿bar2024 f,919,4 NFf BOI)K VALUE At 31 DaconknrI124 1.919,450 At 31 D￿eMber2023 1.019.450 Hertt8g8 assets c¢Ynprf8e 8t Br>Jkn or. Avon th houEelxAd ￿0d$ of Dr ￿￿, th8 I￿nd￿ of N4)uknn Devebpm¥ts d￿k)￿d thg deslgn of the ￿ulton BtGyole. The Hatt L8 a (>ede I 11st￿ pyor￿ ijall￿ oridtY fmm o 1610. set ln omamentsl gths of G 3.5 Mlxgd mouvo ve8trnents pl￿1K£f VALUE At 1 JaThJary 2024 1.717,01B 86,131 Al 31 Dthmbar2024 1,7B3.149 NEf BOOK VALUE A¢ 81 Decernber 1,783,149 At 31 Dournknr2023 1,717,018 CA>st or vakBlon 9t311)￿￿￿2024[8 rqvesentol ty. MtX9d motlve kbVèBlm8nts 66.131 1,717.018 1,783,149 14. DEBTORS: Am￿NTs F*IUNG EXJE WThII (VIE YE 2￿4 2023 Trade debtors 8.400 22,520 8,4Crf) PwJè 12 )nlnued...

th•FI rth• 1 Dece CREDITORS: Ar4oU￿ F￿L￿G DUE hYr11Tr4 ONE YEAR 2Q23 Trade I￿ ￿￿rmY Énd dh8r lax08 VAT 10,ew2 12.590 1,352 13,402 27,4T8 27,428 ANALY818 OF NET *K88EIB BEr￿EN FUIIDS

24 Total ftmds 2023 fur¥J6 fund¥ FIX￿ &￿ets Inv8sbnents CuThont asset4 gnt IlaLIIUes 1087.989 1.788,149 22B,524 P7A76) 2,C¢7.989 1,788,14 t28,524 127,476) 2.038,828 1,717.018 352.8 127,42B) 4.022.186 4.022.188 4,070,243 17. NOVEMENT W FUNDS Not Tr4￿fer$ Atl,124 In lund# funde 31.1224 Unrestrlctsd fund¥ General fund avt rsseryo rgp2iTS resv• 247, 3.YS1846 73.502 11C¢.6111 51.554 3,975 19,￿8 119.268) 143,284 3.624.668 54,234 4.075.268 {5T,0571 3,975 4022.186 Roslri¢Bd funds C6ntsry ¢￿b Jut4lee. Bradford T¢xffi Cw41 1500) ,4751 3.475 3.975 13,975) TOTAL FiJNDS 4.079243 (67,05Y) 4.022,186 Not n￿tr￿rn￿t in fimds, Induthl In ts atweare as foknw: I￿l￿￿9 RgSOWCg5 èyJMIEd Galns and I￿888 MOV￿ment in fun¢ts UtsMtrlct8d lur Gtrn¢Trl fijnd Flxed assgt rttorve 151N6 1280,43n 114577) 1108,6111 51.554 86.lJf 151.828 1275,0141 66.131 157,0511 TOTAL FUNDS I51￿26 1275,0141 6￿131 157,0571 Py13 cth)tinued...

Glal Statsm&ntS kn CO rth8 17. IIOVEMENY W FUNL)S. Compxl￿S for mOV￿ment In fvnd8 Tran6 b91￿ft ftjnds 11.123 81.1223 Unrestrleted funds Generd ftjn Flxed a8set r8SèTh 8￿r rep8tr8 resw% 371SS4 3.741 {124.&34) {114.￿1) 247.920 3,7&,846 128A98 {126.4081 4.314.563 12392951 4,075268 R•stri¢iBd fwKIs ¢￿tenery Ctub JuErflee- br￿J10rd T(An Cwnt4 &475 3A75 3.975 3,976 TOTAL FUNDS 318.&18 (239,2951 4.079,243 C￿paratIve nel m¢wnentJn tLwkls. Indudpd kntha 6r8 aBk4F IncunTng ReS￿r￿S Gawis and Movem&nt fvrvJs Unrnstkftttèd fuTrJ (neral fuThJ FFAed as8otTeEe 1216,864) 113,659) {124.834 {114.661) 1101,0021 IUS,5131 I101,(￿> 39,2951 TOTAL FUWDS (230,513) {101.LWI 1239,2951 The d8￿gnal8d f4a8t r899m the net btrjk cl the eh8rWs taw11￿e a88ets, h￿rf￿0 a8set5 8Th1 sodal 1Th&Str￿ts, are Th>tedy to S￿nd thyto dty rLmnknu eosls. The major repairs 8 db819mt•J to mogt lh8 crtsts ol Tha1n18￿1￿0 thB Trust vArfou8 prowll¢8. £19,2e4 (2023,. £128,498) t)8s ¥6ntln yEaron Imprurynenls trj prorA8ty.. Durtng of the ac<tAmts, the Inth kIenIff￿ that thg Crtrny Cknb thJThl JuihY88 Fund sIb￿[d httvè had coots 81k¢at8d lo them ID 8orSw It Ihvrth agra￿ ts these s￿d bg d05J thls

par ￿th th& trawk￿err￿j io the general finl ￿ th18 18 whÈr8 thè have pahl ￿t of 18. RELAT￿ PARTY D18CLOSURES M yc￿n9, 8 trugieo,18 a thpciorin Thrirw kn have servi￿ kj th8 Alex ¢hw#obh TN8t, Tho aTh)untctsrged In thè wgBFAI {2024: £8.074 Py14 contlnued...

Y￿r Ended 3 19. ULTIMAYE CONT￿￿L￿o PARTY Thè IN6teeb ￿n8￿1$r tlwtthe Is I￿r￿m Mntrow ty tho tnBt898 8nd that thers 1$ no oonlrollFrvJ Page 15