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## 

|`Trustsummary`||
|---|---|
|`Trustees’certificateandTrustees’report`||
|`Independentauditor'sreport`||
|`Statementoffinancialactivities`||
|`Balancesheet`||
|`Cashflowstatement`|`13`<br>`-14`|
|`Notestothefinancialstatements`|`15-19`|





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|`Dateofsettlement`|`25August2022`|
|---|---|
|`Settlor`|`NormanVincentParry`|
|`Trustees`|`NormanVincentParry`|
||`AndrewMorrisJenkins`|
||`WilliamThomasParry`|
|`Mainterms`|`Thisisa charitablesettlementforthebenefitforortosuch`|
||`charitableobject,purpose,institutionsorsocietiesastheTrustees`|
||`mayintheirdiscretionthinkfitwithnodefinedbeneficialarea.`|
|`Registeredaddress`|`WansboroughsLLP`|
||`NorthgateHouse`|
||`Devizes`|
||`Wiltshire`|
||`SN101JX`|



|`Accountants`|`andauditors`|`SafferyLLP`|
|---|---|---|
|||`StCatherine'sCourt`|
|||`BerkeleyPlace`|
|||`Clifton`|
|||`Bristol`|
|||`BS81BQ`|
|`Solicitors`||`WansboroughsLLP`|
|||`NorthgateHouse`|
|||`Devizes`|
|||`Wiltshire`|
|||`SN101JxX`|
|`Investment`|`Managers`|`RBCBrewinDolphin`|
|||`12SmithfieldStreet`|
|||`London`|
|||`EC1A9BD`|





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## 28/07/25 

## Saffery LLP 



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||||`Total`|`Total`|
|---|---|---|---|---|
||`Income`|`Capital`|`2024`|`2023`|
||`£`|`£`|`£`|`£`|
|`Income:`|||||
|`Donations`|`4,761,339`|`-`|`4,761,339`|`4,000,000`|
|`Investmentincome`|`638`|`-`|`638`|`-`|
|`Totalincomingresources`|<br>`4,761,977`|<br>`-`|<br>`4,761,977`|<br>`4,000,000`|
|`Expenditure:`|||||
|`Expenditureoncharitableactivities`|`(130,000)`|`-`|`(130,000)`|`-`|
|`Otherexpenditure:`|||||
|`Managementandadministrationof`|||||
|`thecharity`|`(28,750)`|`(21,416)`|`(50,166)`|`(30,429)`|
|`Totalexpenditure`|<br>`(158,750)`|<br>`(21,416)`|<br>`(180,166)`|<br>`(30,429)`|
|`Netincomefortheyearbefore`|||||
|`gainsandlossesoninvestments`|`4,603,227`|`(21,416)`|`4,581,811`|`3,969,571`|
|`Netgains/(losses)oninvestments`|`-`|`414,259`|`414,259`|`-`|
|`Netincome/(expenditure)forthe`|||||
|`year`|`4,603,227`|`392,843`|`4,996,070`|`3,969,571`|
|`Transfersbetweenfunds`|`(8,566,238)`|`8,566,238`|`-`|`-`|
|`Netmovementinfunds`|`(3,963,011)`|`8,959,081`|`4,996,070`|`3,969,571`|
|`Balancesbroughtforwardat31`|||||
|`December2023`|`3,969,571`|`-`|`3,969,571`|`-`|
|`Balancescarriedforwardat31`|||||
|`December2024`|`6,560`<br>|`8,959,081`<br>|`8,965,641`<br>|`3,969,571`<br>|





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||`TotalFunds`|`TotalFunds`|
|---|---|---|
||`2024`|`2023`|
||`£`|`£`|
|`Cashflowsfromoperatingactivities`|||
|`Netcash(usedin)operations`|`8,727,293`|`(5)`|
|`Cashflowsfrominvestingactivities`|||
|`Purchaseofinvestments`|`(8,699,500)`|`-`|
|`Proceedsfromdisposalofinvestments`|`133,262`|`-`|
|`Net cash(usedin)investing`|<br>`(8,566,238)`|<br>`-`|
|`Cashflowsfromfinancingactivities`|||
|`Investment income`|`638`|`-`|
|`Net cash(usedin)financing`|<br>`638`|<br>`-`|
|`Net(decrease)/increaseincashandcashequivalents`|<br>`161,693`|<br>`(5)`|
|`Cashandcashequivalentsatbeginningofperiod`|`(5)`||
|`Cashandcashequivalentsatendofperiod`|<br> <br>`161,688`|<br> <br>`(5)`|
|`Reconciliationofnetincometonetcash flowfromoperating`|`activities`||
||`2024`|`2023`|
||`E`|`£`|
|`NetIncomeperstatementoffinancialactivities`|`4,996,070`|`3,969,571`|
|`Adjustmentsfor:`|||
|`(Gains)oninvestments`|`(414,259)`|`-`|
|`Investmentmanagementcosts`|`21,416`|`-`|
|`Investmentincome`|`(638)`|`-`|
|`Decrease/(increase)indebtors`|`4,000,000`|`(4,000,000)`|
|`Increaseincreditors`|`124,704`|`30,424`|
|`Netcashusedinoperations`|<br> <br>`8,727,293`|<br> <br>`(5)`|
|`Analysisofcashandcashequivalents`|||
|`Bankoverdraft`|`-`|`(5)`|
|`Cashinhand`|`161,688`|`-`|
|`Totalcashandcashequivalents`|<br>`161,688`<br>|<br>`(5)`<br>|





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|||`Asat31`|||`Asat31`|
|---|---|---|---|---|---|
|||`December`||`Cashflows`|`December`|
|||`2023`||`inperiod`|`2024`|
|||`£`||`£`|`£`|
|`Bank`|`overdraft`|`(5)`||`5`|`:`|
|`Cash`|`inhand`||`-`|`161,688`|`161,688`|
|||<br>`(5)`<br>|<br> <br>|<br>`161,693`<br>|<br>`161,688`<br>|





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|`2`|`Income`|||`2024`|`2024`||`2023`|
|---|---|---|---|---|---|---|---|
||||||`£`||`E`|
||`Incomefromdonations`|||`4,761,339`<br>|<br>|`4,000,000`<br>||
||||<br>|<br>`4,761,339`<br>|<br> <br>|<br>`4,000,000`<br>||
|`3.`|`Charitableactivities`|`Income`|`Capital`|`2024`|||`2023`|
|||`£`|`£`||`£`||`£`|
||<br>`Grantspayable`|<br>`130,000`|<br>`-`|<br>`130,000`|<br>||<br>`:`|
||<br>|<br>`130,000`<br>|<br>`-`<br>|<br>`130,000`<br>|<br> <br>|<br>|<br>`-`<br>|
||`Allgrantspayablewerepaidtoinstitutions.Inaccordancewiththeprovisionsof`||||`FRS`|`102andthe`||
||`CharitiesSORP(FRS102),thecharityhastakentheavailableexemption`|||`fromdetailed`||`grant`||
||`disclosures.Aspermitted,individualgrant`|`incomehasnotbeenseparatelydisclosedwhere`|||||`such`|
||`disclosureisnotconsideredmaterialtotheunderstandingofthefinancialstatements.`|||||||
|`4`|`Otherexpenditure`|`Income`|`Capital`|`2024`|||`2023`|
|||`£`|`£`||`£`||`£`|
||`Auditandaccountancyfees`|`15,580`|`-`|`15,580`|||`9,500`|
||`Legalandprofessionalfees`|`13,080`|`-`|`13,080`||`20,924`||
||`Bankcharges`|`90`|`-`|`90`|||`5`|
||`Investmentmanagementcosts`|`-`|`21,416`|`21,416`|||`-`|
||<br>|<br>`28,750`<br>|<br>`21,416`<br>|<br>`50,166`<br>|<br> <br>|<br>`30,429`<br>||





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|`6`|`Investments`|`Income`|`Capital`|`2024`|`2023`|
|---|---|---|---|---|---|
|||`£`|`£`|`£`|`£`|
||`At1 January2024`|||||
||`Additions`|`-`|`8,699,500`|`8,699,500`|`-`|
||`Investmentmanagementcosts`|`-`|`(21,416)`|`(21,416)`|`-`|
||`Disposalproceeds`|`-`|`(133,262)`|`(133,262)`|`-`|
||`Revaluation`|`-`|`414,259`|`414,259`||
||`At31December2024`|<br> <br>`-`|<br> <br>`8,959,081`|<br> <br>`8,959,081`|<br> <br>`-`|
||`Debtors`|`Income`|`Capital`|`2024`|`2023`|
|||`£`|`£`|`£`|`£`|
||`Accruedincome`|`-`|`-`|`-`|`4,000,000`|
|||<br> <br>`-`|<br> <br>`-`|<br> <br>`-`|<br> <br>`4,000,000`|
||`Creditors`|`Income`|`Capital`|`2024`|`2023`|
|||`£`|`£`|`£`|`£`|
||`Tradecreditors`|`16,448`|`-`|`16,448`|`11,532`|
||`Accruals`|`13,680`|`-`|`13,680`|`18,892`|
||`Bankoverdraft`|`-`|`-`|`-`|`5`|
||`Grantspayable`|`125,000`|`-`|`125,000`|`-`|
|||<br>`155,128`<br>|<br>`-`<br>|<br>`155,128`<br>|<br>`30,429`<br>|





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|||||||||`At31`|
|---|---|---|---|---|---|---|---|---|
||`At1 January`||||`Gains/`|||`December`|
||`2024`|`Income’`||`Expenditure’`|`(losses)`||`Transfers`|`2024`|
||`£`||`£`|`£`||`£`|`£`|`£`|
|`Incomefund`|`3,969,571`|`4,761,977`||`(158,750)`||`-`|`(8,566,238)`|`6,560`|
|`Capitalfund`|`-`||`-`|`(21,416)`|`414,259`||`8,566,238`|`8,959,081`|
|`Totalunrestricted`|||||||||
|`funds`|<br> <br>`3,969,571`|<br> <br>`4,761,977`|<br> <br>|<br> <br>`(180,166)`|<br> <br>`414,259`|<br> <br>|<br> <br>`-`|<br> <br>`8,965,641`|
|||||||||`At31`|
||`At25August`||||`Gains/`|||`December`|
||`2023`|`Income`||`Expenditure`|`(losses)`||`Transfers`|`2023`|
||`£`||`£`|`£`||`£`|`E`|`£`|
|`Incomefund`|`-`|`4,000,000`||`(30,429)`||`-`|`-`|`3,969,571`|
|`Capitalfund`|||||||||
|`Totalunrestricted`|||||||||
|`funds`|<br>`-`<br>|<br>`4,000,000`<br>|<br> <br>|<br>`(30,429)`<br>|<br>|<br>`-`<br>|<br>`:`<br>|<br>`3,969,571`<br>|



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