REGISTERED CHAR5TY NUMBER.. 1190326
Rèport of thg Tru6t¢o8 and
Fin?nclal Statfrrnonts for tho Yoar End•d 31st Dec8mb•r 2124
Thom•8 Corbett'* Charlty

Thomas CortAIt's Ghar]ty
Content8 oftha FIn￿￿•1 5ts1omonts
for tho Year Ended 31st DecAmb&r 2024
Pag•
Roptsrt olth• Tru8too3
1 to 3
8lat•mont of Fln•ndal Atsllbltl••
Balanc• Sh••t
No*M to th• Fln•ncl•l St8tsm•nts
6 to 8

Thomas CorW'4 Charlty
Report ofthè TNBtoos
forthe Year End&d 318t Docambor 2024
The trust&88 present thejr rgport wtth ti* fm. n¢L81 staiemgnts ofthe chartty forthe yoer ended 31st ￿&￿mber 2024. Tho
Iruslees have adopted lh8 provlslons cf Accounilrg Reporung by aiarile8- Statem@nt tsf Rewmmondad Pra¢tlc&
eppllc2blo to charftles p￿?8￿rg thelr aC￿unts In arxordance With the AnancLql Ros)0￿ng Stsndard appllcable ITT the UK
8Trd Repub'lc of Ireland IFRS I￿2} leffecuve 1 Jonulry 20191
OBJECTfvES AND ACThT]ES
Obl6ctlve8 gnd almB
The obl9clg of the CIO WG, forth• publlc benefflt
th8 proventbn or ￿lIef ofpoverty by the provlsion of e￿la1 h)u8lng h the fomi ofelrn8hou88 awmmodallon frjr
per80rn8 who 8r• In nggd, hard$h'p or d8tr888.
8uch chartt8trA6 purpos95 for thg bendil ot oftho dm8housgS 88 the tru8te88 from Ilm& to 11rn8 d8clde,
Publ1¢ b•n•nt
Th8 truste09 conflrm that they compjed wNh Ihe thJty In 88ctiDn 1716} ol the ChartUe8 Act 2011 to have dua rag4rd to
guldantx publJ8hed by th8 Charlty Cornmlsthn* on L￿efft vthèn th& charlly'$ alm8 and obl8cllvofj ond
In pt8nnlng futuro
ACHIEVEMENT AND PERFORMANCE
Charltabl• actlvltl88
Th8 charlty ha8 nctyot t￿MOnced
NANCIAL REVIEW
Flnanelgl po¥Stlon
There w88 nts Incom• gamgd or gxpendbjrn g6n•rat•d OJrfrvJ thp >wr
R48•rvets pollcy
There ar• curr8nlly no ro88rv&s In th8 Charty.
Page 1

Thom￿ Corbelt'8 Ch*lty
Rèport ofthg Trnst¢O$
for th8 Year Ended 318t December2024
FINANCIAL REVIEW
Invè15tmÉnt poll¢y and obl•ctsv
The Oblec￿vaS of the pollcy 8r8 to ensurg thg crg3lor. of 8uffldanl Incorne and c&pltal mih 10 8n8blg the chaAty to oarry
out Its pU￿08e9 consL8lenlty year by yoarwth dua and propsr con&derAtion fOrfv￿re needs and the m8lnièn8nGe, 9nd11
PO88lbk8, enhoncement of the v81u8 of the Invo8t&J funds.
The Iru8tee8 ￿1] Inv961th0 fvnd8 In acp£¥dwAwth tha TAxta8 Act 20￿, ￿lch r4ulrBs that tho tru8taO8'.
shall exerci8a 8u¢h power ￿th tha ¢8ro Ih81 a prudent pornon of buth88s woukl In m￿r￿j Inve8tm8nts for a
Pgr8Dn forwhom they fdt m￿llY ow.iggd to p￿￿￿8,.
8hafi not mako any wjeculallvo orh8zardou8 Inv88lmgrrt land foravoldgnc& ofdDubl th18 powar to Inv￿1 do88 not
extbnd lo18￿￿j cul money on th• 8cqulgltk)n of fJturo8 ond or ￿dlrrfj optlon81;
8hg11 IAvo rgganl to the noed for of InvgtheniB In thè drcumgtanrm of tho and to th
gultablllty ot Ihe propog&d Invaknents;
vlth the exception of Brflgh GLwemnentSecuriUo8, the InIt￿ Inv88lmsnt In ona holdlng should rK)l excead 6Vo ol
the total valu9 of lh8 POrtfo1108 and th& of dl hcA¢lng8 In exc8$8 of 5% not b8 equ&l to or oxc4ad 40%
end wh6rn no Inthvlduol holdlnu knlll be greatsrthan 1C•A:
Ih•r8 8rè no elhlG81 orqgcgrephkxl reth¢&)n8.
Addhfondly, the trust888 have 4 duty to r￿•W thelr Inv••lment8 al IrrteM18. The tru•to•1 wll raYl8w th•
In￿lMent ponw ql19oSt 8nrualty. The trU6t￿ m8yth8ng8 ￿Y partof tho 91 ary llmo.
The Inv88tmenl mBnagar muet be an oJthorf8ed pe￿) 16 ￿lJ￿6d trj ¢8ry out Invo8tsranl ￿j￿n09• un6èr th•
prOvI￿on8 of th8 Fln8n¢ld SeNlces kt 1a86.
Tho Irusfe88 havè dd&38tsd th6 p)vMr8 of b)vestn￿ man￿•￿8n1 to Rathbone InvgBknent ManaiT8menl. Tho
•ppolnlmenl ofRathbone Invg8thent wll be on 8 r8wlar ba819.
P•rfomTan
The totsl vdu8 of th& p¢xfft>1106 ￿1[ b6 moasurolt ty r6tsr8nc& to tha FTSE All Share Indax.
Cash DoposFt8
Ca8h doposlts ￿11 ba plwd bvlth •iproved b8nkB ￿1h 8ultst48 raUng6
8TRUCTURE, GOVERNANCE AND MANAGEIIENT
Qovernlng docum•nt
Tho ¢hwity is ¢￿trOlled by Its govemlrtg (b￿rn9n￿ a ¢on6Utyfjon. and con6Jtu1•8 8 Charltsble h0orpora￿ organi8811on.
R•¢Nllment and HPPO]ntm•nt of now truJl•o$
Tha board ofTrustees 8ppoknl new trust•tss %then posllons b￿4 v*anL
D•clslon maklng
DoCi8ionB rnado by thg bu8tees kn general m09ti￿a and Lrft*w dad￿OnI9 ddwJa¢ed to tho
REFERENCE AND AOlItINISTrATfvE DETAILS
R•glst•r•d Chfjrlty numb•r
1190326
Prlnclpal 8ddr••#
Fem Bank
ke Lan
Samboume
Raddltch
Worceslershlre
B06 6NY
Page 2

Thoma8 Corbgtt's Charfty
Roport of tho Trust￿
ft*r tha Yoar End8d 31st Doc6mbgr2024
Truslo48
Mrs R R Wyall
Mrg S M Cullar
MrEABWobb
Mr C Caddlck
Ir6 J Colllno&
Indopond•nt EX8ml￿r
Mell8$a Go¢*.vin ACA ACCA
The Rlchord8 Sandy Partnortyhlp Llmlted
Thorneloo Hous&
25 B4rboumg Road
Worc8elèr
wo￿¥￿t￿rShIrS
WRI 1RU
Bank•r8
CAF
25 KIng8 Hlll Avwug
tQng8 Hlll
Wo81 Mallino
Kènt
ME194JQ
er- Tru8ts9
P￿fy3

Thoma8 Corbett'8 Charfty
stalotnertt of FInancI￿ Acts'vltips
forth• Ygar Ended 31st D0￿mbar2024
2024
Total
funds
2023
Total
fijndg
UftrgBtrIGted
Rest￿
fvnd
EnClowm￿I
fund
INCOME AND
ENDOWMENTSFROM
DonatJM$ and legafyps
Charltabl• acllYJtle8
mainten￿c￿ Of WycThbold
Alm8hou88
Inveslment InMmo
Total
EXPENDifuRg ON
Ralslng fvnds
CharltAblè *Gtlvllle8
Malntfjnan￿ ofWy¢hboid
Alm8hcu¥a
Totsl
Nèl 081n￿[lI?￿fj?1 on
Inva*ments
NET INCOMEIIEXPENDITURE)
12,1651
(2,1051
RECONCILIATION OF FUNDS
Total fund8 brought IoN48rd
TOTAL FUNDS CARRIED
FORWARD
Th8 not88 fomi part o1th8se flnandal $tstfjrwnis
Page 4

Thoma¥ Co[￿tY8 Cha￿ty
ance Shegl
31$t December 2024
2024
Total
funds
2023
Total
fund8
Unrg8trktwJ RO&￿ Endowmanl
nd
snd
fund
NolèB
FIXED ASSETS
T&ng,'ble assots
Invg8tmenls
CURRENT AS8ETS
D8btor8
CaBh at bank
6,765
8,78J
10,168
CREDITORS
Ajnounts f8111ng du• ￿thIn
yoar
8,950
8.9to
16,166
NET CURREKf ASSETS I
ILIA8ILlnESI
12,165)
12,1 OJI
TOTAL ASSETS LE88
CURRENT UABILITIES
12,1651
12,1831
NEf A88ETS I ILIABILmE81
FUND8
Unr8¥trlcted fvnds
Rg8trlclod fvnd8
Endowmènt rund8
,1001
TOTAL FUNDS
The ffinaryial Stalerngnts w•r8 appn)ved bythè B￿rd ofTNstee$8nd aulh￿l80￿1Orll￿9on....
4ndw
g ￿gned on Its beham by:
M Cutter- Tru8tèEI
Th8 rLOt88 foM Fort of fhwJe knwKial *tQEn8nts
Page 5

Thomas CorbBtt'• Chartty
Not08 lo Ihg Flnanclal Stsfemenls
forthe Yoar Endod 318t DoGember 2024
ACGOUNTING POLICIE8
BA518 OF PREPARING THE FINANCIAL STATEMENTS
The finanual state.mènts ol tha eharily, wNGh 16 a puJllo benafft anttty under FRS 102, have bean pr8pgr8d In
accorl¥nc¢ wtth th8 ChartU•g SORP {FRS 1021 Accounung and Reportlng by Charftle8'. Stal£menl of
Recommended PradeA applleable to th8ritlesprepary￿ th￿ra¢c￿nI8 In acthrd￿C0￿lh thg Flnandal Reporting
standar(t appllGablo In the Ut< gnd RopUblI￿ of Ir81ar,d IFRS 1021 {effttUve l January 20191,, FlnAnclBI Rtportlng
Standard 102 Tha Fln8ndAI R8porUng S12ndard appliTrblfj l? lh& UK aid Ropubl G of Iroland. and th9 Chodle8
Act 2011. The financlal slgterr,8k)* P8Vo b8on prep&red undar the NBtorfr491 ¢o8t conv8nlion, wrtlh th8 exc8ptTon of
Invfr8tm8nis whloh 8re h￿Ud￿ at market vauo. a6 modNl8d by th8 revdualjon ofG8rtaln a880t8.
The algnmcanl acGounlng ponde80p￿1ed In tho p￿p￿￿tIOn of Ihe88 fln8nclg18tatwnents are 881 ¢)ul below. Th￿8
p&Ic￿5 hava been ￿n516t0n1fy 8thl*J 81 all y•#r8 pre8ented unlgs8 0trgrwl$& 8at8d.
Thg account8 ar• pTrperod In Stsrtlro, wNd)18 the fiJnctlonBI (yjffency of the tharlty. m￿oI8ry om)unts In th&b8
8talThnts arg rounded lo thB n￿ryst
5NCOME
All Inc(Mne l& re¢cgnlBed In th• Slo18menl of Fln8nrad Actmtlag onc8 tho (*adty h99 enllemgnt lo th& fvndo, It18
probabla that thg Incom ￿11 bo I￿1Ved ond lh8 8moimt be m69Bur9d rellabty.
InLyJm6 from m8lntenance r￿elp￿1• rw18èd In lIne￿1h th8 pefloJ8 to vthkb ￿ch Ineoma r8l&la&
Grant InGoThe L8 rwnlfjod when th8 charty ha8 ba￿ nobfied cltho amount& Ifther8 are condllloni 8tshed to
the grant ond Ihl$ 18qult8 *18vo1 of pgrformarTh bgforn onlaerT￿t can b• cbtaln8d then Incom8 Is def¢rrod ￿Ul
tho30 oondllbnyare fullymotorlha fulfllmentolthc68 condlUc+nJl8 ￿'￿In the wntrol of tr*¢h8Htyand M18 fmobablo
thatthey Wll bg fijfll￿d.
lft¢om& frorn1181gd I￿051Ment81a rae4rd88d thè dghlto poymertl l• •)tabll8hed,
EXPENOITURE
Llthlll88arè re¢L¥n18ed 83 0xpfndth88 8oon88 thor• IB a ￿81 orcon5tn￿1￿ 0￿1081&0m commttdngthecharfty
to thAt &xpgndllure,1118 pmbable that a transferof 8coMmlG bgnefilsw11 bg requlred In Sattlamenl 8nd lh8 amount
ol the obllgatlon can be me89ured rellaNy. Expendl¢ur8 1$ 8ccountsd for on an aocru81s b863 and ha8 been
¢la88NI& under heBd ng¥ that&ggregg1o dl co81 Tefatod lo the cJlegJry. Whwe cost8 cannot bg dlrocui attrfbutad
lo partkularhoadlng8 hav8 been ￿0C￿t￿l tO￿1v￿•1 M a bods o)n8l*entth tha u•0 ofr68ouffjeg.
TAXATION
Th9 ¢horfty18 gxomptfrom tax on It8 char1thble a￿1•&
FUND AGCIXINTING
Unraalrlct8d fund8 ¢an wed In aCc(*d8r￿ wllh thg rthorftsblo ob￿c￿Ve& at th9 th8crthn olthB tN61080.
Rèslthctgd fundB can onty b8 U8èd for p*rdeular rn8trlthY pU￿038B wlthln tho Obj￿13 oftho trha￿. Res￿¢10Th3
rl$o whon $peGified by thei%)nor orwh8n fiJnd8 are hx parMol8rr98tr1cted pun)00
Further eXpl8r￿￿.on oftho naiwg 9nd purpoeè oleach fund * Inc4ud9d In the notsa ip ihg fknanclal 8talèment
Py6
contiw8d...

Thomas Corbelvs Chartty
Note5 19 th? FInancI￿ Statements- conunuèd
for the Year Ended 3181 December 2D24
AGCOUNTING POLICIES. ¢ontlnued
FINANCIAL INSTRUMENTS
The charlty haB aletsted lo apFly th8 of $8cUon 11, B0￿C FlnEndal InÈtrumont8' and S8cVon 12 '0fher
Flnan(ya Instruments Iwo8' of FRS 1￿2 to all of ts finAndd In8tnJmwts.
Flnandal I￿1￿Ments arg r8counl*d kn th8 chartty b￿n•9 pgty to contraciual provl4onfj oltho Inslrumgnl.
Flnan¢l81 asBet8 Bro Off￿1. wth th& nat 8mour.ts pregantad In tho a¢o)unte Yth8rg thorn 18 8189glly enfo￿&￿ts1e
rkJh',tO 8$1 off the r8c¢>Jnlsad arnounts and Ihsr818 81 I￿tsna￿ to 8eW& on a nat bas18 orto rea1188 tho É886t and
tho Ilablllty 81mLtIts,i¢oudy.
B••l¢ Flnonclal A88•t¥
BaslG flnanclal a688ts, whlctr. hGLde trad8 and olh8' rece￿&ble8 and c88h 4nd benk bA',8nca¥, 4re Inlually
measured altransacdon pHco Inclu(llr.g tran80cdwco8ts and 8re 8ukne(wgnUy carrted at om01￿98d coat UBlng th8
effecvve Intsr08t mathod urlgss tha affary4Tr8nl con5111ul88 8 flnandn9 tran8adon, wh8r8 thg lrnnsactton l#
m8a6ur8d attho pr08anl v8luo of th8 fijture ￿0&pts d18ceJJnted ai 8 m8rket rat& ol Int8ro81.
Flnanolal Uabllltl•¥
Baslc flnanclal y8bllllle8, IncliJdlng trad8 and (xhw payab168. oro InM81y rJco9nl8od at tranBacton pth unle88 the
ryaroemont con8tilutos a flnanclng tran8adJn. whwe lh• d?bl Inetr￿￿ent18 mea¥utvJ al thè pr8Benl valu8 of
lutum rtrGolpt& dl8coJnted ot 8 m8rt¢èl rgts ol Ir.terB8L Doèt In*Nmgrfs &• wJb88qu8nfjy cath•d 41 arx)rt18ed
8( u8]ro lheeffact￿$ Int&re81 m8th0d.
-rade payablo9 are obllgatton8 to pay forgood8 or88￿ce8 that h&ve be8n 8cqulr&d In lh9 ordlnary courne of the
owraJon9 from 8upp',18r8. Account6 payabl& ore cl88gll&d a8 curnnl IlgNIMle8 If paymgnl15 du8 wtthln ong y&ar Dr
1968. If nc*, they are PTgwnl¥d 08 no[H￿rrent118brI1l8& Trnd? payablee 8r8 r￿gn1*ad Inltlolty atlron8o¢Uon fy)6t.
CHARITA8Le ACTJVMES COSTS
SUPPORT COST8
2024
2023
Legal 1989
2,165
P8go 7
conlnued...

Thornas CgTbgtt's Charlty
Notes to the Finanr131 St31oment6-contlnued
for the Year Ended 31$t D&cembar 2024
TRUSTEES. REMUNERATION AND BENEFrrs
There were no trustoes, ￿MuneralDn or other b8neffts for Iha yèar 8nd8d 31st Dac8mb8r 2024 nor for th8 year
8nd8d 31st De¢8mber 2023.
TRUSTEE8' EXPENSES
There were no tru8tsè8' expenses pald for thè y68r ￿ded 318t D￿ern￿r2tr24 nDr tor th8 y88r ended
31st Dacembor2023.
CReDITOR8.' AMOUNT8 FALLING DUE wmiiN ONEYEAR
2024
2023
mount dtja to Thom*8 ¢ryb8if8 Charfty 202032
16,188
RELATED PARfi DISCLOSURES
Durfng tho year gndad 31st 0￿9mbEr 2023, a baik a￿OUnt was opgngd wllh CAF, All tron$a¢tlons In th18
8c¢ount rèlatè to the Thoma8 CorfoetV8 Charfty r995strad￿ nuTber 202032. The balancg In th18 account at
th9 ygar ond wal £6.78612023- £16,168186 ahown kn note 4.
In th6 currentyear legal And prol889lonBI fw totsllng £2,165 tAld i)n bfjhalf of th8 chaFIty by th8
Thoma8 CorbèW8 Charftyi IF915ts4Uon numbw 202032. Tnew arg Indudwj In noto 4.
Page 8