Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Charity Registration Number". 1202817
Unaudited Accounts and Annual Report
for the year ended 31st December 2024

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts for the year ended 31 December 2024
Index
Page
14 Trustee's Annual Report
Accountancy Report
statement of Financial Activities
Balance Sheet
8-14 Notes to the Accounts lincluding Accounting Policies)

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts for the year ended 31 December 2024
Trustees, Annual Report
The Trustees have pleasure in submitting their Annual Report and Financial Stslemenls for the year ended
31 December 2024.
Objectives and acttvities of the Charity
The objects of the David James Wilson Memorial Fund are lo benefit such exclusively charitable objects and
purposes in the United Kingdom as the Trustees in their absolute discretion think fil.
The Trustees meet with their objectTves by making donations from the capital and income of the Trust Fund al
such limes and in such manner as they decide.
Currently. the Iruslees have resolved lo give preferen￿ to the following areas of purpose..
Community development Ihfough sport
Environmental protection or improvement
Animal welfare
Achi&vgments and perfomance
Grant makin
The Trustees awarded donalions during the year, as detailed in the Notes lo the Accounts. The Trustees are
pleased lo have given not only nel income generated during the financial year bul also a balance of brought forward
funds transferred from expendable endowment capital.
The Trustees have eomplied with the duty in s17151 of the Charities Act 2011 to have due regard to the Charity
Commission's Public Benefit guidance when exercising any relevant powers or duties.
Financlal Revlew
During the year ended 31 sl December 2024, income in the sum of £12.136 was received1£10,930 in 20231 and
£9,8741£9,978 in 20231 was spent lo raise the funds. Total expended on the Chariltys Activities was £37.310
1£45.600 in 20231 and the Trustees are pleased lo have spent nel income together with funds transferred from
expendable endowment. Nel gains arose on the investment asse15 of £20,308 Inel gains of £26,803 in 20231 bul
after the charitable aelivilies. there was a nel decrease in funds of £14,740 for the year Inel decrease of £17,845
in 20231.
Funds held al 31 st December 2024 lolalled £533.071 (£547,811 in 20231, which represented Expendable
Endowment, held Primarily as investments. The Charity's liabilities al year-end will be sellled from the unreslricled
fund assets.
All funds are available lo meet wlh the charity's ongoing aim5 and objectives and the Trustees shall continue
lo review the position and resolve lo make transfers from capital as 15 required when resolving lo make future
donations.
Page I

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts for the year ended 31 December 2024
Trustees. Annual Report
Reserves..
The charity'5 investmen15 provide a relatively secure income stream from which lo make grants and the Trustees
aim lo distribute a large percentage of nel income each financial year. together with capital when considered
ne￿Ssary. Therefore, the Trustees wll not maintain a sel amount as reserves but will continue lo review the policy
and in the interim eonsider all income funds held lo be ffee reserves.
The charity had no Icfig term commitments al the financial year*nd, with all donations being made subject lo
receipt and review of an aG¢eptsble report from a granlee.
The Twslees revsew the charity's funds and consider making donations al least tsvice annually.
Inveslmenls..
The Trustees have agreed objective5 with the Investment Manager to increase the level of income generated by
the investments assets. while considering capital growth and the preservation of value in real lemis. Investment
decisions should be made based on views of the prudent person, in accordance with the stsndafd investment
criteria relating to suitability and diversification.
The Trustees wish lo ensure that the objectives outlined are achieved with an a¢¢epiable risk. This irnplies the
need for diversilicalion of investment of the Trust to include a range of assets including fixed interest stocks.
UK and overseas shaffts.
Investments comprtse holdings in UK. large overseas listed companies. unil and investment trusts, including
those investing in major inlernalional markets and also fixed interest securities. The portfolio may Ih&refore
include a proportion of medium-sized or smaller UK companies and have exposure lo international markets.
Uninvesled cash is held in client accounts al Ralhbones Investr)enl Management.
Structure. Governance and Management
The charity was founded by Lynn Wilson in memory of David James Wilson. As a charitable Irusl. its
governing body are the Trustees of a deed dated 21 sl February 2020.
The Tiustaas may in their digcrelion for a period of 21 years from thè data of e￿a￿.0￿, being 2042, accumulate
the income and add it lo capital for investsnenl with the power to then apply the whole or part of the
accumulations as if income at that lime. The capital of the fund is held as Expendable Endowment and
transferred to Unrestricted funds of income lo be distributed at the Trustees, discretion.
The power of appointing new Trustees is vested in the founder. Lynn Wi150n, during her lifetime. Thereafter
power vests in the then current Trustees. Trustees are selecled in accordance with their connection lo the
current Trustees in ac¢or(lan￿ with their skills. experience and understanding of the obligations imposed by
such an appointment.
The number of Trustees shall not be less than three and if it should fall below that number then only the power to
appoint new Trustees shall be exercisable. There shall be a quorum of al any Trustees. meeting and a
decision by the majority of Trustees present al any meeting shall be valid and binding on all Trustees.
Pa￿2

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts for the year gnded 31 Docembgr 2024
Trustees. Annual Report
The Trustees shall hold tsvo meetings each calendar year, one being to review applications for funding,
investment performance and a15 mallers arising with the second focussing on grant making and reports received.
Meetings may be held in person or other appropriate means of communicatron as the Tiustees decide.
The Trustees onsure they are operating within the Current guidelines by discussing any matters arising from
U￿ated Charity Commission practice and guidelines and, along with their own reading, they take advice fiom
Ralhbones Trust Company Ltd.
The charity's capital is mainly invested on stock markets. As the Trustees have unrestricted powers of
investment under Ihe governing deed, the Trustees have resolved to delegate the day to day management of the
investments lo Ralhbones Investment Management Ltd.
Risk assessment..
The charity Trustees have given consideration lo the major risks lo which the charity is exposed and are
satisfied that systems or procedures have been established in order lo manage those risks. After
considering the areas of governance, operational. financial, environmental and compliance, the Trustees have
identified that major negative fluctuations in investment assets could cause a material risk to the Charity's
funds. In order lo mitigate this risk the Trustees have engaged a financial advisor and in accordance with $15
Tmstee Act 2000 the Iruslees are establishing a Policy Statement lo be adhered lo by the Investment Manager.
The policies and slalemenl will be reviewed al least on¢e a year by the trustees and financial advisor al least
once a year in line with investment performance. Changes will be made lo the policies as necessary and
updates to the Statement will be agreed with the Investment Manager.
Reference and Administration detsils
Registered No..
1202817
Principal Addres5'.
Clo Ralhbones Trust Company, Port of LTverpool Building, Pier Head. Liverpool, L3 INW
Trustees who
Served during the
year..
Lynn Wilson IChair}
Ralhbone5 Tru51 Cornpany
Michael Peter Moore
The direclors of Ralhbones Trust in post al the date the report and accounts
were approved are..
Linda Cousins Irelired 31.12.241
James Hurrell
Alex Richmond
Robert Paul Stockton
Trevor Harris
Bruce Newbigging Iretired 31.12.241
Kerry Roberts
Accountancy..
Rathbones Trust Company, Port of Liverpool Building, Pier Head. Liverpool, L3 1 NW
Bankers &
Rathbones Investsnenl Management Limited, Fiennes House, 32 Soulhgale Sl,
Investment Managers". Winchester. S023 9EH
Financial Advisor..
Lee Ford, Vision IFP Ltd. Henchard. Church Hill, Piddlehinton. Dorchester, Dorset, DT2 7TB
Pa90 3

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts for the year ended 31 December 2024
Trustee$, Annual Report
Plans for the future
The Trustees will actively seek out potential grantees and projects for which funding will be provided, in order to
meet with the charity's objectives. The Charity welcomes applications lor funding, for consideration.
Trustees. Responslbilities
The TrLtslees are Tesponsible for preparing the Trustees. Annual Report and Financial Slalements in
accordance with applicable law and United Kingdom Accounting Siandards (United Kingdom Generally
Accepted Accounting Practi￿1.
The law applicable lo charities In England and Wales requires the Truslee5 to p￿pare accounts for each
financial year which give a true and fair view of the state of affairs of the charity and of its income and applicab.on
of resources for that year.
In preparing these financial slalemenls, the Trustees are required to..
select suitable accounting polices and then apply them consislenlly.,
observe the method5 and principles of'Accounling and Reporbng by Charities.. Slalemenl 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 Ilhe Charities SORPI,.
rnake judgements and estimates that are reasonable and prudent..
slate whether applicable UK Accounting Standards IFRS1021 have been followed, subject lo any material
departures disclosed and explained in the financial slalemenls., and
p￿pare the financial slalemenls on the going concern basis unless it is inappropriate lo presume that the
charity will continue in opera110n.
The Trustees are responsible for.
keeping adequate accounting records that are sufficient to show and explain the charity's transactions and
disclose with reasonable accuracy al any lime the financial position ol the charity
keeping adequate accounting records which enable the Trustees to ensure the financi81 slalemenls comply
with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the
Trust Deed.
for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Declaration
The Trustees declare that they have approved the Tru51ee's report above.
As agreed and signed on behaEf of the Trustees:
Do¢uS*nth8by.'
23 lune 2025 1 2:16 PM BST
Mts Kerry Robert5 on behalf of
Rafhbones Trust Company Limited
Trustee
Date
P￿4

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts forthe year ended 31" December 2024
Independent Examiner's Report
Independent Examiner's report to the Trustees of the David James Wilson Memorial Fund
I report to the trustees on my examination of the accounts of the above charity I'the TrusVI for the
year ended 31, December 2024. which are set out on pages 6 to 14.
Responsibilities and basis of report
As the charity s trustees, you are responsible for the preparation of the accounts in accordance with
the reqkjirements of the Charities Act 20111"the Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011
Act and in carrying out my examination. I have followed all the applicable Directions given by the
Charity Commission under section 14515llbl of the Act.
Independent examinerfs statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination which gives me ca¥Jse to believe that in any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records,. or
the accounts did not comply with the applicable requirements concerning the form and content
of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fairf, view which is not a matter considered as
part of an independeni examination.
I have no concerns and have come across no other matters in connection with the examinalion to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Saroh 5pencely 85c
TA
Lime free Cottoge, Outlonds Lone, Curdridge,
Southompton, S030 2HD
Dote

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts for the year ended 310ecember 2024
Statement of Financial Activities
Unrestricted Expendable
Total
Funds
Endoymient Funds
Funds
2024
Total
Funds
2023
Notes
Income and Endowments from:
Investments
12,136
12,136
10,930
Total Income
12.136
12,136
10.930
Expenditure on..
Raising funds
Charitable activities
9,874
9,874
37,310
9,978
45.600
37,31D
Total Expenditure
37,310
9,874 47,184
55.578
Nel gains I Ilossesl on investments
10
20.308 20.308
26,803
Transfers between funds
15
25,174
125,174)
Net movement in funds
114,7401 114,7401
(17,845)
Reconciliation of funds
Balance brought forward at 1 January 2024
547,811 547,811
565,656
Balance carried forward at 31 December 2024
533,071 533,071
547.811
The notes on pages 8 to 14 form part of these accounts.
Page6

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts for the year ended 31 DBcember 2024
Balance Sheet at 31 December 2024
Unrestricted Expendable
Total
Funds Endowment Funds
Funds
2024
Total
Funds
2023
Notes
Fixed Assets
Investments
10
535.184 535,184
548,219
Totsl Fixed Ass¢t$
535.184 535.184
548.219
Current Assets
Debtor
Cash at bank and on deposit
582
6,728
582
305 7.033
610
14,647
12
Total Current Assets
7,310
305 7.615
15,257
Liabilities
Creditors.. amounts falling due within
one year
13
7,310
2,418 9,728
15,665
Total Current Liabilities
7,310
2,418
9,728
15.665
Net Current Assets I (Liabilities)
12,113} 12.1131
(408)
Total Net Assets at 31 December 2024
533.071 533.071
547,811
Funds of the Charity
Total Funds at 31 December 2024
533,071 533,071
547,811
Approved by the Board of Trustees and signed on ils behalf by..
Do¢uS*n•Jby.'
23 June 2025 1 2:16 PM BST
Mrs Kery Roberts on behalf of
Rathbones Trust Company Limited
Trustee
Date
The notes on pages 8 10 14 form part of these accounts.
Pave 7

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
A¢¢ounts for th8 y8ar ènded 31 Dacembar 2024
Notes to the Accounts
1 Charity Infomiation
Oavid James Wilson Memorial Fund is a Charitable Trust govemed by Trustees and was created by deed dated 21
2020. The charity registered with the Charsty Commission of England and Wales on 24 April 2023. Its
principal address is clo Port ol Liverpool Building, Pier Head, Liverpool. L3 1NW.
The charity is a Public Benefit Enlrty as defined by FRS 102.
2 AccountÉng Policies
The f1nancial 5tatemenlg have been prepared on an ac¢ruals basi5 and a going concem basis in accordance
th 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo ¢harilies
preparing their a(Lounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 1021 and UK Generally A¢¢eplerl Accounting pra￿l¢e.
The accovnls are prepared in slerfing. whith is the functional currenq of the charity. Monetary amounts
in these financial statements are rounded to the nearest £.
Th$ accounts have been prepared on the historical cost convention, modified to Indude the ￿valUatiOn of
investrnents al fair value. The principal accounting poli(ies adopted a￿ set out below.
The charity has taken advantage of the prowsions in the SORP for Charities applying FRS 102 Update
Bulletin 1 not lo prepare a Slalemenl of Cash Flows.
Golng Concern
At the time of approving the accounts, the Trustees have assessed whether there are any rnaterial uncertainties
asting doubt as ttr whether the charity will continue as a going concern. The Trustees have eoneluded they have a
reasonable expectation that the charity ha5 adequate resources to continue in operational existence for the
fLYeseeable future. Accordingly, the Trustees continue to adopt the 'going concem, basis of accounting in PTeparing
the accounts.
Charitabl8 Funds
The charity holds Unrestricted Funds which are available for use al the dIsC￿￿'0n of the charty in
futherance of its charitable objectives unless the frjnds have been designated for other purposes.
Expendable Endowment capital funds are available to be applied al the discretion of the trustees in
furtherance of the charitys objects. Expendable Endowmenl is held primarily for income generation and
increases or decreases in line wth the investment valuation. Transfers from the Endowment Fund to
Unrestricted Fund are made at the Trustees. discretion.
In¢gmè
Income is recognised when the charity is legally entitsed to it after any performance conditions have been met.
the amounts can be measured reliably and it is probable that income will be received.
Cash donations a￿ recognised on receipt. other donations are recognised once the charity has been
notified of the donation. unles5 performance conditions require deferral of the amount. Income Tax
recoverable in relation to donations received under Gift Aid or deeds ol covenant is recognised 81 the
time ofthe donth'on.
Legaoes are recognised on receipt or otherwise if the charity has been nolnled of an impending
distribution, the amount is known and receipt is expected. If the anN)unt is not knovm, the legacy is
Irealed as a conlingenl asset.
All dividend income is recorded net and includes tax deducted only when it is repayable to the charity.
PAgtr B

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts for the year ended 31 December 2024
Notes to the Accounts
Expenditure
Expenditure is rewnised when there 1$ a legal or constructive obligation for which it is more likely
than not that a transfer of economic benefit will be requir¢d in settlement and the amount can be
reliably measured as at the reporting date.
A con51ruclive oblig*ion exists where the charity has
communicated the commitment to provide funding lo the recipient by the reporting date and there are no
condi(ions attached to its payment falling due after the reporting dale.
Provisions for liabilities must be
recognised when either the timing
or the amount of future
expenditure reouired to settle the obligation is uncertain. These are distinguished separately on the balance
sheet. If a transfer of re30urces is no longer reqUI￿d. provisions aTe reversed and charged to the SOFA.
Govemance costs
Governancè costs comprise all costs involving public accountability of the charity and its compliance
th regulation and good practi¢e.
Investments
Investments held in the fund are included at their market value a5 follows..
lal Listed securities are valued at the mid market value ruling al the balance sheet dale.
Ibl Listed securtties held in foreign Currencies have been valued at the mid market value and translated into
their sterling equivalents at the rates ruling at the balance Sheet dale.
(¢1 Gilts are valued at the mid market value ruling at the balance Sheet date and indude Inte￿$1 that has
accrued up to that date.
Investments are classified as a fixed asset except when classified as a ¢urrenl asset where the intsnlion of the
Trustees is to dispose of the 855el and not reinvest the proceeds.
other Tecognised Gains and Los$e$
Realised gains and losses on investments are calculated a$ the difference be￿een sales proceeds and their
rnarket value at the start of the year, or their subsequent cost and are charged or credited lo the Statement
of Finanoal Activities in the year of disposal.
Unrealised gains and 1055es represent the rnovement in market values during the year and are credited or
charged lo the Statement of Financial Activities resulting trom revaluing investments to market value al the
balance sheet dale.
Taxation
The charity is not liable lo income or capital gains t2x on its charitable acb'vilie5. Irrecoverable VAT is in¢lu¢Jed
in the asset cost or the expense to which il relates.
Cash and cash gquÉvalents
Cash at bank and in hand is held lo meet short-lemi cash commitments as they fall due rather than
for investment purposes. Cash and cash equivalents include cash in hand. deposits held at call with banks,
other short-lerm IiqLJid investments with original maturities of three months or less and bank overdrafts.
Bank overdrafts are Shown within borrowngs in current liabilities.
Financial Instrument5
The charity has elected to apply the piovision5 of Section 11 '8a$ic Financial Instruments. and Section 12
'Other Financial Instruments Issuès, of FRS 102 to all of its financAal inslrumenl3.
Financial instruments are reco9nised in the charity'5 balance sheet when the charity becomes party to the
Contractu￿ provisions of thè instrurnent.
Pag• 9

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
Accounts for the year end•d 31 D•¢•mb&r 2024
Notès to thè Aecounts
Finanoal 8ssets and liabilities are offset, with the nel amounts presented in the financial slalemènls, when
there is a legally enfor￿able right to sel off the recogni5ed amounts and Ihere is an intention to settle on a
net basis or to realise the asset and settle the liability 5imullaneously.
Basic financial assets
Basic financial a55e15. which include ¢Jebtors, cash and bank balances, are initially nEasured al transaction
price induding transaction costs and are subsequenuy ¢arried al amorb.sed cost using the effective interest
method unless the affangement constitutes a finan¢ing transaction, where the transaction is measured at the
present value of the future receipts discounted at a market rate of interest. Financial assets classified as
receivable wthin one year are not amort15ed.
Basi¢ finan¢ial liabilit1•$
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitute5 a financing Iransaclion. where the debt instrument is measured at the present
value of the future receip15 discounted al a market rale of interest. Finanaal liabilities dassified as payable
thin one year are not amortised.
Debt instruments are sub5equenUy carried al amortised cost, using the effective interest rale method.
Trade creditors are obligations lo pay for goods or service that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as currenl liabilities if payment is due within one
year or less. If not, they are presented as non-currenl liabililigs. Trade creditors are recognised initially at
transaction price and subsequently measured at amorbsed cost using the effective interest melh¢d.
Der&CognI￿On of financial liabilities
Financial liabilities are derecognised when the charity's contra¢lual obligab.ons expire or are discharged or
cancelled.
3 Critical accounting èstimatès and judgements
In the application of the charity's accounting polirie5, the Trvslees are required to make judgements,
e51imale5 and assumptions aboui the carrying amount of assets and liabilities that are not readily
apparent from other Sources. The estimates and associated assumptions are based on historical
experience and other factOTS that are considered to be relevant. Actual results may differ from these
estimates.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimate5 are reeognised in the period in which the estimate is revised where the revision affects only th81
period. or in the period of the revision and future periods where the Yèvision affects tx)th current and ftrture
periods.
PAAe 10

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES WILSON MEMORIAL FUND
A¢¢ounts for the year •ndgd 31 Dgcember 2024
Notes to the A¢¢ounts
4 Investmgnt income
2024
2023
UK Equities
Unit Trust Income
Unit Trust Interest
Fixed Interest
Overseas Income
Overseas Interest
B8nk Interest
Excess Reportable Income
Non reclaimable tax ￿edU￿ed ai source on overseas income
Accrued Interest charged
2,255
702
796
1.680
4.069
2.589
336
89
12651
11151
2, 768
551
725
761
3,819
2,018
422
169
(286)
(1T?
12,136
10,930
S Raising funds
2024
2023
Investment Management fee5
Vision IFP fee5
Castle Wealth fees
4,575
3.312
1.987
4,619
3,349
2,070
9,874
9,978
6 Charitable activities
Grnnt making..
Donations made Inole 71
Support and administration. induding compliance and règistration
Governance costs Inole 81
2024
2023
31,000
2,400
3,910
39,000
3,600
3,000
37.310
45,600
'Addilional infrjmiation provided at note 16
7 Donations made
2024
2023
Big Yellow Bus Garden Project
Crisis UK
Living Streets
Marine Conservab'on Society
Médecins Sans Fronlières
Salvation Army
The University of Reading
The Woodland Trust- 3 of 3
Worfd Wildlifè Fund
Yeowl Cancer Care Unit
2.000
1,000
1.000
6.OQO
1,000
1,000
25,000
25,000
3,000
7,000
31,000
39,000
Page11

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES IMLSON MEMORIAL FUND
A¢¢ounts for thg year ended 31 Decembor 2024
Notes to the Accounts
8 Governance costs
2024
2023
Accountancy and complian¢e fee
lThJependent Examination fee
3,000
910
"Additional information provided at note 16
9 Remuneration and Othèr Information
The charty has no employee5 and none of the Trustees havg r8ceived any remunerats'on for acting as Tnjslee or
received repayment tsf oul-of-pocket expenses during this OT the previous financial year.
10 Investments
Value at Acquisition5
01/0ir2024
at cost
Sales
Realised
Unrealised
Value at
proceeds GainsfllDssesl Gainslllossesl 3111212024
Listed..
Totsl UK Bonds
Total UK Equities and Income
Total Overseas
Totsl Commodities
137,277
200, 716
197.291
78,935
27.697
24.348
63.551
1?2,4851
182.4001
151,9521
12,1221
448
16751
4,503
1421
12.1641
11,5251
15.568
4.195
144,793
140,464
228,961
20,966
548,219
115,596
148.939
4.234
16.074
535.184
No holdings represented more than 5% ofthe charity'$ total portfolio as at the finanual year end Inone- 2023}.
11 Debtor
2024
2023
Investment income recwvable
582
610
582
610
12 Cash at bank and on dèposit
2024
2023
Rathbones Investment Management
7.033
14.647
7,033
14,64T
12

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVtD JAMES WILSON MEMORIAL FUND
A¢¢ounts forth& yèar and8d 31 December 2024
Notes to the Accounts
13 Current liabilities
Creditors.. Amourts falling du8 within on8 year."
Accrual for donation- Living Streets
Rathbones Investment Management
Vision IFP Ltd
Castle Wealth Ltd
Rathbones Trust Co Ltd
Rathbone5 Trust Co Ltd- prior year
Sarah Spen¢ely- Independent Examination f
2024
2023
1,000
1.122
810
486
5.400
t, 142
827
496
6,600
6,600
910
9,728
15.665
14 Financial In¥trumènt$
2024
2023
Carrying amount of financial assets
Debt instruments receivable within one year
Debtor
- Cash
582
7.033
670
14.647
7.615
15.257
Carrylng amoLbnt of financial liabilitie$
Payable within one year
Creditors
9,728
15,665
Instruments measured at fair value through SOFA
Inve51fflenls al value
548.219
15 Movements be￿een funds
Balance at
0110112024
Gainsl
(Losses)
Transfer
Balance
of Funds 3111212024
Income
ExpendltUTe
Expendable Endowment
Investments
547.811
{9,8741
20,308
125.174)
533.071
Unrestricted funds:
Gèneral funds
12,136
137,3101
25,174
Total funds
$47,811
12,136
147.1841
20,308
533,071
16 Relatad Party Transact5ons
The Trustee$ operate the charity for public benefit and at all times act in the interest ol the charity and its
purposes. In order lo comply wth their dubes, the Trustees have considered personal or other interests in which
as a result of the decision made an individual may benefit financially or otherwise. either d1￿ctlY or indirectly.
The TIu51ee5 are not remunerated for their Services. No amounts have been paid to the Trustees during the
year ended 31 December 2024. or the previous period, for out of pocket expenses.
Pago 13

Docusign EnvelopÈ ID." A1FA302B-7AAW4ED8-A750-FA1665CEDE4B
DAVID JAMES IMLSON MEMORIAL FUND
Aeeounts for th• yèar •nde(131 December 2024
Notes to the Accounts
16 Relatgd Party Transactions Icontinu•d...I
Rathbones Trust Company charges for professional services provided only, as wovided above.. Thi5 is perniitted by
the Charity's governing document and applicable law. Charity Commission guidance is followtrd in respect of
payment ofcharges.
Ralhbonè5 Inv8strnent Management IRIMI and Rathbones Trust Company IRTC} are both part of the Rathbones
GroL¢P. The investment management is undertaken by RIM al their 5tsnd8rd terms as offered to other charities.
RTC is not obliged to appoint or retain RIM as investrnent managers but do so on the ba515 that the lemis and
perfomian¢e have been satisfactory when CoMpa￿d to alternative providers of investment management.
rinancial advisor, who ha¢ an exisling professional advisory relats'onship with the founder of the charily, has been
engaged by the Tru51ee5 to advise on the perfomiance of the funds and ongoing ¢osls. This will bè kept under
regular review.
There were no other related party Iransadions requiring disdosure in respect of the periLxI ende(131 D8¢ernber 2024 or
previous year.
The Trustees are also the key management ofthe charity.
17 Comparative Ststement of Financial Activitiès
UnrÈstrict•d Expendable
Funds Endowment
2023
2023
Total
Funds
2023
Income and Endowments from..
Investments
10,930
10,930
Total Incomè
10.930
10,930
Expenditure on:
Raising funds
Charitable actiwties
9,978
9,978
45,600
45.600
Total Expenditure
45.600
9,978
55.578
Net gains I Ilossesl on investments
26.803
26,803
Transfers between lunds
25,265
125,2651
Net movement in funds
19,405)
18.4401
117,845}
Reconciliation of funds
Balance brought forward at 1 January 2023
9.405
556,251
565,656
Balance ¢arrl•d forward at 31 Dgcèmbor 2023
547.811
S47,811
Paga 14