Charity registration number 01196933
The Noble Charitable Trust
Annual Report And Unaudited Financial Statements
For The Year Ended 31 March 2025

THE NOBLE CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Derek W Noble
Duncan T Noble
Matthew A Noble
Jean M Noble
Gill N Noble
Janel H Noble
Charity nurnber
01196933
Registered office
Clo Rathbones Trust Company Limited
Port of Liverpool Building, Pier Head
Liverpool
L3 1NW
Independent examiner
Jessica Lawren￿ FCA CTA
Azets Audit Services Limited
Leeds
LS12HL

THE NOBLE CHARITABLE TRUST
CONTENTS
Pagg
Trustees. report
statement of Trustees, responsibilities
Independent examinerfs report
Stslemenl of financial activities
Balance sheet
Notes lo the financial statements
9-19

THE NOBLE CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial stslemenls have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's governing document. the Charities Act 2011 and Accounting and
Reporting 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 leffeclive 1 January 20191.
Objectives and activities
In accordance with ils governing document, the Charity delivers public benefit through advancing and furthering
such purposes which are exclusively charitable under the law of England and Wales as the Trustees in their
discretion see fil.
The major adivily of the trust, over the next year, will be to finalise the building construdion and establish the
occupation of the dedicated speaal school facility, for autistic young people, on trust owned land.
The Charity will also fulfil ils objectives by making donations to successful applicants as decided by the Trustees
during meetings, giving preference lo supporting charities based in Cumbria, North Yorkshire and Teeside.
The Trustees have estsblished a website lo raise awareness of the Charity's aims and objectives, providing the
reader with guidance as to how to apply for funding.
Active fundraising will not be ¢arried out. The charity wll continLJe to be funded from gifts made by the founders in
the short to medium term. The only anticipated costs to raise funds will be incurred by the expendable endow7nent
fund which is invested lo generate an income stream, in the form of investment management charges.
The Trustees have complied with the duly in s17151 of the Charities Act 2011 to have due regard to the Charity
Commission's Public Benefrt guidance when exercising any relevant powers or duties.
Achievements and performance
The trustees, decision lo change the trust's accountsnts and examiners, from Ralhbones lo Azets, was ratified by an
Extraordinary General Meeting, held on 23rd March 2025.
Grant making
The Trustees resolved lo make donations totalling £52,47612024.' £49,900) from Unreslricled Income funds. Grants
ranging from £100 10 £3,000 were made lo 43 charitsble causes. A full list of donations made are included in the
note 6 to the accounts.
Project- Breckenbrough School
During the financial period, the transfer of the school land from Noble Partners lo the The Noble Charitable Trust
was completed, and the trustees continued to fund and manage the ongoing construction of the school building,
working closely with the construction team.
All planning consent conditions were successfully discharged. The Iruslees, advised by their legal team and
specialist accountants, achieved the completion of the Agreement to Lease and worked on the draft Lease lo an
advanced stage.

THE NOBLE CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Flnanclal revlew
Generous donations were received again, to be held as expendable endowment capital for investment and to
generate an income. The Trustees may resolve to transfer tse￿een funds at their discretion, and apply funds
towards the Charity's purposes al their discretion. During the financial period, investment Income and interest
tolalling £95,762 was received12024'. £155,012), with the only costs to raise funds being investment management
fees of £15,962 12024.. £20,609). The amount spent on the Charity's Activities during the period tolalled £62,309
12024.. £54,844), which is analysed in the notes to the accounts.
The Statement of Financial Activities includes the nel gains and losses arising on revaluations atyi disposals of
investments throughout year. Nel investment losses tolalled £11,45712024.' gain of £209.1491.
There was a net increase in funds during the period of £6,88912024'. £3,297,146), ¥Mth total funds held as al 31st
March 2024 of £5,255,009. Of this amount £84,474 was unrestricted, £1,374,321 had been designated and there
was expendable endowment funds of £3,796,214.
Reserves
The Trustees exclude expendable endowment and designated funds when considering the amount lo be held as
reserves, as they are primarily held for investment to generate a source of income for the Charity or earmarked for a
specifi¢ project. During the quarterly meetings, the Trustees review the Income position when considering
applications for funding and therefore do not consider there to be a need to require a set amount to be held in
reserve. Accordingly, the Trustees treat the balance of Unrestricted Income Funds as being held as free reserves.
This policy wll be regularly reviewed.
Investments
The Trust's expendable endowment capital is invested in marketable investments or cash. There are no specific
restrictions under the terms of the governing document. The Trustees have full discretion over the investments. The
Trustees have delegated to Rathbones Investment Management full discretionary day-l￿daY control of the
investments. Assets are acquired and disposed of in ac¢ordan¢e with the powers available lo the Trustees as sel
out in its governing document and the Trustee Act 2000.
Investment Objectives and Perforniance
The Trustees have agreed with the Investment Managers the objectives lo secure a reasonable growth in Income,
consislenl with the long term preservats.on of capital in real terms. Investment decisions should be made based on
the views of a prudent person in accordance with the standard of investment criteria relating lo suitsbility and
diversification. These objectives are reviewed at least once a year at a Trustee meeting.
The Trustees wish to ensure that the objectives oufjined above are achieved with an acceptable risk. This implies
the need for diversification of investment by the Trust to include a range of assets incjuding fixed interest stocks, UK
and overseas shares.
Investments comprise holdings in the UK, larger overseas listed companies, unil and investment trusts including
those investing in major international markets and also fixed interest securities. The portfolio can therefore include a
proportion of medium-5ized, or smaller, UK companies and have exposure lo International markets.
The Trustees recognised and welcome the investment process at Rathbones Investment Management relating to
the Environmental, Social and Governance IESGI aspects of investing.
The Investment Managers are required to operate within the constraints applying to trusts governed by the Trustee
Act 2000.
The performance of the fund is monitored and the Trustees review each individual asset class against its
appropriate benchmark as will bè detailed in the Policy Statement, which is being estsblished in accordance with
s15 of the Trustee Act 2000.
The Investment Manager provides regular reports to the Trustees who review the performan￿ of the portfolio and
of the Investment Manager at least twice a year. The Trustees are satisfied with the Performan￿ during the period
under review.

THE NOBLE CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Plans for future perlods
The trustees, aims are to complete the building, finalise the lease and achieve the occupation of the special school.
Donations lo approved applicants wll continue as a core activity.
structure. governance and management
The Noble Charitsble Trust is a Charitable Incorporated Organisation, whose only voting members are its Charity
Trustees. It is a registered charity with a foundation model constitutlDn dated 3rd December 2021.
There musl be al least three Trustees. There is no maximum number that may be appointed. Each new Trustee
must be appointed for a letm of three years by a resolution of the Trustees which is passed al a properly convened
meeting. New Ttuslees are selected in accordance with their connection lo the current Trustees and the particular
skills. kno￿edge and experience they bring to the board lo ensure that between them they govern effectively and
achieve the Charity's objectives.
New Trustees will be provided with an induction pack containing information such as a copy of the Charitls
governing document, minutes of last Trustees, meeting and the latest set of approved Annual Report and Accounts.
New Trustees are also asked to read the Charity Commission publication The Essential Trustee., and other helpful
guidan￿ that Is available on the Charity Commission website.
Decisions are taken either al a meeting of Charity Trustees or by resolution agreed by a majority of all of the Charity
Trustees. Minutes musl be kept of all meetings. The Trustees will hold a minimum of three meetings per year.
The Trustees may delegate lo committees as they see frt lo ensure the effective administration of the Charity.
Rick management
The Charity Trustees have given consideration lo the major risks to which the charity is exposed and are satisfied
that systems or procedures have been established In order to manage those risks. After considering the areas of
governan￿, operational, financial, environmental and compliance the Tru51ee5 have identified that majoi negative
fluctuations in investment assets Could cause a material risk lo the Charity's funds. In order lo miligale this risk and
in accordance with s15 Trustee Act 2000 the Trustees are establishing a Policy Statement lo be adhered to by the
Investment Manager, which will be reviewed in line with investment perfomiance.
The Trustees, report was approved by the Board of Trustees.
DWNoble
Derek W Noble
Trustee
0410812025
Date..

THE NOBLE CHARITABLE TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees are responsible for preparing the Trustees, Annual Report and Accounts in accordance with applicable
law and United Kingdom Accounting Standards Iunrted Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial
year which give a true and fair view of the state of affairs of the charity and of the incoming resources and
application of resources of the charity for that year.
The Trustees musl not approve the financial ststemenls unless they are satisfied that they give a true and fair view
of the slate of affairs of the charity and of the Incoming reSour￿S and application of reS￿[CeS, including the income
and expenditure, of the charity for the financial period.
In preparing these accounts. the Trustees are required to..
select suitable accounting polices and then apply them consistently.,
observe the methods and principles in the Charities SORP IFRS 1021.,
make judgements and eslimales that are reasonable and prudent.,
slate whether applicable UK accounting standards IFRS1021 have been followed, Subject lo any material
departures disdosed and explained in the financial stalemenls, and
prepare the financial statements on the going concern basis unless il is inappropriate lo presurrÈ that the Charity
will continue in operation.
The TrLJStees are responsible for keeping sufficient accounting records that disclose with reasonable accLJracy at
any time the financial position of the Charity and enable them to ensure that the accounts comply with the Charities
Act 2011, the Charity (Accounts and RepDrtsl Regulations 2008 and the provisions of the Trust Deed. They are also
responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps for the prevention and
detection of fraud and other Irregularities.

THE NOBLE CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE NOBLE CHARITABLE TRUST
I report lo the trustees on my examination of the financial statements of The Noble Charitable Trust Ilhe charity) for
the year ended 31 March 2025.
This report is made solely to the Charitls Trustees, as a body, in accordance with Section 145 of the Charities Act
2011. My independent examination work has been undertaken so that I might state to the Charity's Trustees those
matters l am required lo stale lo them in an Independent Examiner's Report and for no other purpose. To the fullest
extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's
Trustees as a body, for my independent examination work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the p￿paratIOn of the financial slalements in accordance with
the requirements of the Charities Act 2011 Ilhe 2011 Act).
I report in respect of my examination of the charity's financial slalements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 14515llbl of the 2011 Act.
Independent examlner's statement
I have completed my examination. I confirm that no matters have come to my attention 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 2011 Act", or
the financial statements do not accord with those records,. or
the financial slalements do not comply wth the applicable requirements conceming the fomi and content of
accounts Set out In the Charities (Accounts and Reports1 Regulations 2008 other than any requirement that the
accounts givè a true and fair view which is not a matter considered as part of an independent examination.
I have no concems and have come across no other mallers In connection with the examination to which attention
should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached.
Jesslca Lawrence FCA CTA
12 King Street
Leeds
LS1 2HL
Dated..
1810812025

ij

THE NOBLE CHARITABLE TRUST
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notes
Flxgd assets
Tangible assets
Investments
13
14
1,374,321
3,796,214
69,968
4,205,503
5,170,535
4,275,471
Current assets
DeblDrs
Cash at bank and in hand
15
79,154
14,837
31,670
957,139
93,991
988,809
Credltors: amounts falllng due wlthln
one year
16
19,5171
116,1601
Net current assets
84,474
972,649
Total asyets leys current liabilities
5,255,009
5,248,120
Capltal funds
Endowment funds- general
Income funds
Designated ftjnds
Unrestricted funds
3,796,214
4,422,863
1,374,321
84,474
712,567
112,690
5,255,009
5,248,120
0410812025
The financial stslemenls were approved by the Trustees on .
DWNoble
Derek W Noble
Trustee

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Charity infomiation
The Noble Charitable Trust is a Charrtable inwrporated organisatr'on. The registered office is Clo Ralhbones
Trust Company Limited, Port of Liverpool Building, Pier Head, Liverpool, L3 1 NW.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance wlh the charity's governing document, the
Charities Act 2011, FRS 102 °The Financial Reporting Standard applicable in the UK and Republic of
Ireland" l°FRS 102.1 and the Charities SORP 'Accounting and Reporting by Charrties.. Statement of
Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" leffective 1 January 20191. The
charity is a Public Benefit Enlily as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statanent of
Cash Flows.
The finanryal slalements have departed from the Charities IAc¢ounts and Reportsl Regulations 2008 only lo
the extent reqLJired to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Ststement of
Recommended Practi￿ which is referred lo in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterfing, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £1.
The accounts have been prepared under the historical cost convention, modified to include the revauation of
certain financial instruments al fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
Al the lime of appioving the financial stslemenls, the Iru5tees have a reasonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial stalemenls.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Designated funds are part of the Unrestricted funds of the Charity which have been sel aside al the discretion
of the trustees for specific purposes. There are no legal restrictions in pla￿. The balance of the Desingated
funds will be considered by the Trustees when establishing the Charity's reserve policy.
Endowment funds are subject to specific conditions by donors that the capitsl musl be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled to rfc after any perforrnan￿ conditions have been met.
the amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised at the lime of the donation.
Legacies are recognised on re￿Ipt or otherwse if the charity has been notified of an Impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is Irealed as a
conlingenl asset.

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounllng poll¢lg$
Icontlnugdl
1.$ Expanditurg
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a
third paty, It is probable that a transfer of economic benefi15 will be required in selllemenl, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of dir￿1 costs and
shared wsls. including support costs involved in undertaking each activity. Direct costs attributable lo a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned bett￿een those aclivilEs on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tanglble fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impaimient losses.
Assèts under construction are separately identifiable assets which are not complete and in use within
business operations as at the ￿porting dale. Until these assets are generating income within the business
they are held in a separate class and not depreciated. Upon completion they will be transferred lo an
appropriate class and depreryation charged. At each reporting date assets under ¢onslruction are assessed
for impairment.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale Proceeds
and the carrying value of the asset, and is recognised in the slalement of financial activities.
1.7 Flxed asset Investments
Fixed asset investments are initially measured at transaction price exduding transaction costs, and are
subsequently measured at fair value at each reporting dale. Changes in fair value are recognised in nel
incomellexpenditurel for the year. Transaction costs are expensed as incurred.
1.8 Impalrment of flxed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impaimienl loss. If any such indication
exists, the recoverable amount of the asset is eslimaled in order to determine the extent of the impairment
loss lif any).
1.9 Cash and cash equlvalents
Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-term liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
thin borrowngs in cuirent Iiabililies.
1.10 Financial instruments
The charty has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial slatemenls, when
there Is a legally enforceable right lo set off the recognised amounts and there is an intention lo sellle on a net
basis or lo reali5e the asset and settle the liability simultaneously.
10-

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounllng poll¢lg$
Icontlnugdl
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction pricè Including transaction Costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement conslilules a financing Iransaclion, where the transaction is
measu￿￿ at the present value of the future receipts discounted al a market rale of interest. Financial assets
Classified as receivable within one year are not amortised.
Impalrment of flnanclal assets
Financial assets, other than those held at fair value through income and expenditure, are assessed for
indicators of impaimient at each reporting dale. Financial assets are impaired where there is Dbjective
evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset,
the estimated future cash flows have been affected.
If an asset is impaired, the impairment loss is the difference between the carrying amount and the present
value of the estimated cash flows dis¢ounled al the asset's original effective interest rate. The impairment loss
is recognised in nel incomellexpenditurel for the year.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was
recognised, the impairment is reversed. The reversal is such that the current carrying amount does not
exceed what the carrying amount would have been, had the impaimienl not previously been recognised. The
impairment reversal is recognised In net incomellexpendilurel for the year.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or
are settled, or when the charity transfers the financial asset and subslanlially all the risks and rewards of
ownership lo another entity, or rf some significant risks and rewards of ownership are retained bul control of
the asset has transferred lo another party that is able lo sell the asset in its entirely to an unrelated third paty.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement conslilules a financing Iransaclion, where the debt instrument is measured al the present
value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable
thin one year are not afflort15ed.
Debt instruments are subsequenuy carried al amortised cost, using the effective interest rale method.
Trade Creditors are obligations to pay for goods or setvices that have been a¢quired in the ordinary Course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequenuy measured al amortised cost using the effective interest method.
Other financial liabilities
Financial liabilities and equity instruments are dassified according lo the substance of the Conlraclual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the company after deducting all of ils liabilities.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounllng poll¢lg$
Icontlnugdl
1.11 Employè& b8n&flts
The cost of any unused holiday enliuement is recognised in the period in which the employee's services are
received.
Temiination benefits are recognised immediately as an expense when the charity is demonstrably committed
lo lerminale the employment of an employee or to provide termination benefits.
1.12 Credltors & Provlslons
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event
that will probably result in the transfer of funds lo a third party and the amount due lo settle the obligation can
be measured or eslimaled reliably. Creditors, loans and provisions are normally recognised al their settlement
amount after allowing lor any trade discounts due.
Creditors are derecognised when, and only when, obligations are discharged, cancelled or they expire.
Amounts recognised as provisions are best eslimales of the consideration required lo settle the present
obligation at the reporting end date, taking into account the risks and uncertainties SLJrrounding the obligation.
Crltlcal accountlng estlmates and Judgements
In the application of the charity's accounting policies, the Iruslees a￿ required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
Sour￿$. The eslimales and associated assumptions are based on historical experience and other factors that
are Considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
eslimales are recognised in the period in which the estimate is revised where the revision affects C￿lY that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Donations and legacies
Endowment Endowment
funds
funds
g9naral
g9n8ral
2025
2024
Donations and gnls
855
3,008,438
12-

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Investments
Unr&$tricted Unr9$trictèd
funds
funds
2025
2024
Dividend income
Interest income
54,704
41,058
108,798
46,214
95,762
155,012
Raising funds
2025
2024
Investment management
15,962
20,609
15,962
20,609
Charitable activities
2025
2024
Direct costs Isee note 61
Other costs
52,476
220
49.900
52,696
49,900
Share of governance costs (see note 81
9,813
4,944
62,309
54,844
13-

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Grants Payable
2025
2024
Grants pald to Instltutlons:
JPC Community Fami
Rye(lale Special FA
Aice's Escapes
Happy Days Children
Chapter Once UK
Read Easy UK
Carers Trust
Macs
Aspire
Teeside Hospice
Outlook Trust
Action For Pulmona
Motor Neurone Disease
Lancashire Teaching
Donation Marie Curie chq
Survive Support FO
Mind In Furness
Cheque 100079
Golden Lion Children
Winstons Wish
Door 84
Open Country Rcn
Age UK Teeside
The Backup Trust
Interactive Vvhitby
Medequip4Kids
North Vvesl Blood
Richard Shephard
SoLJlh Milford
N Y Music Therapy
Listening Books
Carlisle Key
Growing Well
North Yorkshire HQ
The Sick Childrens
North Yorkshire br
Shinecarity
Fishermens Mission
Combat Stress
Hearing Dogs
Safe and Dound Hom
Great NorthAirAM
Yorkshire Dales
Barrow Food Bank
Walchlree Nature
Scarboccia
Macs
Herriot House Hospice Care
500
4,000
200
1,000
1,000
1,000
1,000
1.500
1,500
1,500
2,000
2,000
2,000
2,000
100
400
100
100
200
500
1,000
1,500
1,500
2,000
2,000
2.000
100
500
500
1,000
1,200
1,300
2,000
2,500
3,000
100
1,000
1,000
1.500
2,000
2,000
2,776
2,000
100
1,500
2,000
100
2,000
2,000
1,000
1,000
2,000
2,000
500
1,000
1,000
3,000
2,000
GNASS
14-

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Grants Payablg
Icontlnugdl
Vision 25
Sland Against Violence
Troyal Agricultural
Home Sland York
The Island N1
Tees Valley Womens
Cruse Bereavement
Teenage Cancer Trust
Scarborough and Ryedale Mountain Rescue
Street Child
hizz Kidz
Redcar Baptist Church
Masonic Fishing
Marie Curie
Feeding Britain
Frozen Light
Amber Bee
Survive York
Keswick to Barrow Walk
Russ Devereux Headlight
Rosemere Cancer Complimentary
2,000
1,000
1,100
1,000
1,500
1.500
2,000
2,000
2,000
100
200
2,000
200
100
100
1,000
1,500
2,000
200
600
2,000
Total
52,476
49.900
Support costs
Governance
costs
2025
Accountancy fees
Independent examination fees
Other professional fees
6,960
2,450
203
6,960
2,450
203
9,613
9,613
Analysed be￿een
Charf(able activities
9,613
9,613
Trustees
None of the trustees lor any persons connected with them) re￿iVed any remuneration or benefits from the
charity during the year.
15-

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Employees
The average monthly number of employees during the year was".
2025
Number
2024
Number
Total
The Trustees are also the key personnel of the Charity.
There were no employees whose annual remuneration was more than £60,000.
11
Net gainslllossesl on investments
2025
2024
Gainlllossl on sale of investments
{11,4571
209,149
12 Taxation
The charity is exempl from lax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxalionof Chargeable Gains Act 1992 to the extent that these are applied to Its charitsble objects.
13 Tangible fixed assets
Assets under construction
Cost
Al 1 April 2024
Additions
69.968
1,304,353
Al 31 March 2025
1,374.321
Carrylng amount
At 31 March 2025
1,374,321
Al 31 March 2024
69,968
16-

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Flxe(l asset Investments
Listèd
investments
Cost or valuatlon
Al 1 April 2024
Additions
Valuation changes
Disposals
4,205,503
1,276,081
111,4571
{1,673,9131
Al 31 March 2025
3,796,214
Carrylng amount
Al 31 March 2025
3,796,214
At 31 March 2024
4,205,503
15 Debtors
2025
2024
Amounts falling due within one year:
Other debtors
79,154
31,670
16 Creditors: amounts falling due within one year
2025
2024
Other creditors
Accruals and deferred income
2,020
7,497
4,700
11,460
9,517
16,160
17-

O) (ry (TJ
or
0>?
¢0 (ry
¢00
o) (o
4>7J
op
(o
z>

THE NOBLE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Related party transactlons
There were no disclosable related paty transactions during the year12024 - none).
19 Comparative Statement of Financial Activities
Unrestricted Endowment Endowment
funds
funds
funds
designated
funds
Total
2024
Donations and legacies
Investsnenls
3,008,438 3,008,438
155,012
155,012
Total income and èndowments
155,012
3,008,438 3,163,450
Fiaising funds
20,609
20,609
Charitsble activities
54,844
54,844
Total expenditure
54,844
20,609
75,453
Net galn$lllosse$l on Investments
209,149
209.149
Net movement In funds
100,168
3,196,978 3,297,146
Fund balances al 1 April 2023
12,522
712,567
1,225,885 1,950,974
Fund balances at 31 March 2024
112,690
712,567
4,422,863 5,248,120
19-