Chaiity number.. 205357
The Thornton Tru$l
Report of the Trustees and Unaudited Financial Statements
For the year ended 05 April 2023

The Thornton Trust
Contents Page
For the year ended 05 April 2023
R•port ¢fthe Tru5te8s
1 to2
IndeFendèni EKamlrort8 R•port to th• Tru8te6•
Stat•m•nl of Flnanclol A￿￿￿Fel
Slitsmenl ef FlnandBI Posttbn
Notei lo th• FSnanciaJ Statem8nl•
0109
De*8lKryd Slolemont ol F1M1￿￿11 AcNvrtle
10

The Thornton Trust
Report of the Trustees
For the year ended 05 April 2023
The TnJ$tees have pkasure In presethry their report and the finaneAal 8tslements for the thafity for the yaar ended 05April 2023. The
TnJste88 tkn &lopted Ihe prov￿￿)n$ of A¢eounting and RepLYting by Ch8rit*8$.' Slat8m•nt of Re￿M￿NIed PradirL 8pWlcable lo
charities PrePar￿g accounts in a(%ordan¢e wth th8 Financkql Reports"no Stsndard appli¢aNe in the UK and tha Republic of Irel8nd
IFRS 102118ff8¢1we l January 20191
OBJECTIVES AND AcTI￿TIEs
Obl•rt￿ and almi
The ¢bjxts of th? charity 8re 8$ 8et out in the Trust i)t8d ara a¢h￿Ved by 9r8nts to vartotss organl&ottonB IrwoW. The TN*
states that the tharivs principal actfvftB8 are tho prOmot￿Jn and furth8rin9 of educ8tkni aThJ the ev8rrfJeli¢al Chnsyan 18th and
a$si5ting in rg1*l of 51¢k￿8￿, suffering and poverty Som6 or9anls8￿onJ arè involved in the acti￿1￿8$ referred lo ￿ the deod. but
general￿ a third in Supporting th& Chrfstian chvrth. tralnirvJ and 4sscdat•d the eountry, A Ihird (n Chrknuan rni88b￿ 8ntt
lief work ov•rsoa8, •nd tha balance In education, youth work. medical and olhar.
Th8 trustees have conskjered th& Charfly Commhion's publc b•nefft. In¢ludlng tho quidow 'publl¢ bon6fft. runnhg
Ghanly IP821'.
Grnnbn•klng
The for grant Mok1￿ Is lo 5￿port ch8ri1i8$ whkh Wofk wtth thg promotkn and fvrt￿rfn9 ol oducatbn and tho ￿angel*ll
Ch￿#tIon fatth and ass￿1￿9 in Iho renof of slckno81, sufferfng 8nd povety.
The fru•l•8B develop•d th• grtht-making policy lo •nwr• ihat il further5 th• obi•ts, effo¢tl¥ety and •￿￿Only.
ACHIEVEAIENTS AN) PERFORIIANCE
Achl•vgm•nt• •galn•t obl•Bt5v
The ch•rtty play8 • $m¥ll part in gr•nts to varfou• li outlln•d In h Qbi•ckn •nd Art*￿.
FINANCIAL REWEW
In Ihe oplnlefi oftho Tru&tse•, the Tru$t In • Mliif8CtOry Walllon #ttho and of the ymr.
11 li the pow ol the Trusl•e$ to inve•t the r88¢rve8 In ipocialHI In¥o8lmenl• ¢harttl•• to $wpJrt M• tharit*ty• distributirmi.
The trustees h8v¢ ¢onsidgr¢O lh• rlsk• that th• choniy fl￿ Ind confirm that •yitem¥ hav• be•n •8tsblS$hed lo mllPd*ts th• rfok8
Id•ntv￿d.
8TRUCTURe. GOVERNANCE AND MANAaEfi*NT
Oo¥•mlng do¢um•nt
Thg trust wa¥ creatsd by D•8d on 14M•rch 1962 •• th8 DoupK41 And B•ty Thorrten Tru￿ to •n•bk* th• S•ttbrs to ttfrordlnii• Imf
th•rithb￿ gfvNYJ.
F01b¥￿n9 th• *ppolnlm•nt of J D Thornt¢n 45 a Iru•t•• 1977 Ih¢ namo w•$ ¢h8rvJ•d by tn*l deod to Th• Thomton TftAryt.
Th• Inj•1￿ have the pwr to 8wn(l iicem• and ca￿la1 Id•ntty Organ￿8110nI 8fid proj•d8 thw WiBh lo •upwrL And do nol
reipond to ipecul•t￿O qpp1kat￿* forgr•nt•. Tha TruBt only ree&ve8 9th from the or Iru8ts8•.
Tru$t••u are oppolnt•J by Solllors ind aftor Ih•lr d••lh by a c4th• tru•tOD8.
REFEREIKE AND ADMIN18TRATIVE INFORMATION
N•nMTr of ¢hov#y
Ch•rlty YoylBtr•llon ntsmb•r
Prlnclwl addrul
The Thomt¢n Tru$l
205357
25 C85tte Streèl
HertloTd
Hertfordsh￿?
SG14 1HH
The tIUgts88 and officars serwng duriffj the yaar3nd 8ln£g the y8ar8nd fol￿8."
J8m6s Doug￿$ T￿MIon
Mrs VwBnne Ja￿1 Thornton
Cathèrin8 EIRa￿th Graee AweL9n
1 of70

Report ofthe Trustees C¢Mtinu&J
For th8 year ended 05 Aw'l 2023
23? Fcrfe StsB8t
8G14 1DJ
Barrkn B￿￿ k*
114 Fwcrw(* knt
Appr￿￿ ty Il* Boord ofTn**o8 •ThJ •*r•a on Its b•W
J•
u9￿• Thombjn
2oLF
2rf10

The Thomton Trust
Independent Examiners Report to the TnJstee5
For the year ended 05 April 2023
I reporttottEtru5tegs on ry exwnlnai*)n oflk• artoJrts dHrty year￿￿ 05W 2023.
Rotspons￿lI￿ and bas1* of roport
A8 the chaniy twstees. you are resp￿*￿ for thg &¥vp8r*w of th& act￿￿nts in a¢oNdm wlh wuirwnerts of tke char￿e5 A
2011 nhe 2011 AL*).
I report in fftspect of my examinaih)Tr of the chws rav￿j urthr SaraK￿ 145of tr* 2011 Ad arKI in carryiTyJ out my
examin8b.on I h4ve all th8 ty th8 seckn 145(5Xbl ofthgA(a.
lnd8wtylentoxamlno￿ 8tatsn*nt
I ha￿ ¢￿p￿ed my examIn￿J¢n. l Ihat h*ffj ct¥n8to in *ilh th&&xanin*¥Jn gMrvJ
cause lo belEve Ih8t in any ￿$18[1￿ rBs•'.
1. accounting recordswve not keKI in t￿the Gh*ity as txtoftt*2011 ￿ or
2. Ihe aecoun15 do noi accord IhcEe reu>rts', or
3. the a￿oUThts do not ¢L￿p￿ %vlh the treform ￿ a)r￿ d•xL￿rts * ryjt in t￿ Charit￿$
(Accounts and Reports) ReguLqtrJrts 2C¢)8 otlwthaTr arty rww¥•wéth* thè •x￿j￿89￿￿8 aTrJ fawvitrk is a Matèr
JnsKlered as partof an indepeTr1errt exarr*natM)n.
thi8 rewt in ofd8rtO a PmFef un￿r8*•I1r￿ crfthe acojuntsto ts reac￿.
Toptax PTS ￿rnited
238 Fore Street
rtftsrd
SG14 1DJ
30110

The Thomton Trust
statement of Financial Ath"vilies
For the year ended 05 April 2023
Llnr•thctod
funds
In¢om• end *ndowrMnts trom:
c￿￿•t10n¥ and logaci8S
Inveslmonts
Total
36.219
30.733
41,428
26.847
88,912
68,27B
£xpendW¥v• on..
Rak%ing fund8
Tot&1
173,79n
IT3.7971
191,4641
191,4641
Net gainslO¢)¥sesl on Inve8tm•ts
Oth•r r•eoonl••d 9•ln•llo•M•
N•t movorft•ftt In lund•
1162071
¢0,828
37.139
R•¢onelll•¢lon of lund•
Totsl funds breugm lorward
Tot•1 lund• ¢arFl•d foTh¥ard
897.329
859,6KS
897.
874277
40110

The Thomton Twst
Statement of Financial Postb'on
As at OS April 2023
2022
Ffxed a8b•ts
Inv85kn
9J2295
918.ge1
Cumnta#•
Cash at In hand
902.290
918,101
22,024
21024
150,0421
81.3SY
Cr•dltorn'. am0￿￿￿1*￿￿O *lthlM on• y••r
61.367
10
182.8291
T•t•l ii••l• l••• curr•nt Il*bHII
N8t•••rt•
121.0181
874.2TI
12t,1
897.329
Th• fund• rfth• eharjty
Unmltric￿d In¢om• fundB
Tot•1 fvnd¥
874277
857J2
11
874.277
874277
897.329
•7,329
Th•fln•ndal ItatoThAts ￿re Approv•d •ulhorft•(tfor IMu• ty th• 804rf and 81gn•Y on It• boh•llby'.
5of10

The Thornton Trust
Notes to the Financial Statement8
For the year ended 05 April 2023
I.A¢￿Untlng Polkl•¥
Batsij otaccountlng
The fln8nci81 staiem8nts have b*n prepared und8r the hpatoric￿ cost cOnvent￿n, exr8pt for inve51monts wh(ch are indud8rt at
markat value and the rev8luaiion of c*rtain frAed assets and in aco)rdanc8 with the chant￿ SORP IFRS 1021'Accounting and
Reporting ty Charities SlateM￿l of Recomm•nded Practice appllcabb lo charit￿9 preparing th&ir aco)unts in accordanc• wth
Financial Reporkng Standard applicabb in the UK and Republlc of IreL9nd IFRS 1021 leffectrvè 1 January 20191,, Financral
ReportiTvJ St8ndard 102 the Flnzncwl R•porting StaThYard $p￿IcaN¢ m tha UK and Republt of Ird•nd IFRS 1021, and Ihe Charibas
Act2011.
Th¢ Thornlcfi fru* m88t8 thtrdefinhkjn of a puNl¢ tenéfft enity undor FRS 102. AsBets and liablmlbs aro in￿81￿ reo)gnwl #i
hi8tode41 colt or Iran88¢1k)n value unkn8 ¢therw￿8 8tstad In tha r8k¥anl accounling w)liw not6lsl.
Gtylng ¢on¢•rn
2. Incon* Irom don1￿0￿• ind
2023
2022
UnMJtri¢t•d
Donation$ rocalwd
Glfts in klnd
7.801
28,418
3,450
37.978
31,219
41A28
3. lav•th•ntlneom•
2023
Unf••trfct•d fund•
In¢ome from Iist•d inv•8lmenli
30,733
28,847
30,733
26047
4. Exp•ndllurn on g•n•r•tlng donallom and l•g•¢l•
2023
2022
Uhr••trkt•d lund•
Donalon#
73,072
725
SupKX)rt cc*t8
90,964
73,707
91.464
80110

The Thomton Tnjsl
Notes to the Financial Stat￿ents Ccrfrtinued
For the year ended 05 April 2023
8. An*sl• •fsupport COBts
2022
GobEmaftco ¢￿ts
725
Scp)
. Pl•t In¢offrf•xpwrthur•l forth• y•ar
Thls is ¥t•t•d Aft•rch•r91￿Il￿tsj1ty)..
2023
2D22
7. Comparnth•forth• 8t•t*nwrt ol Plmncknl A¢iiv
Ll•i•d
ma￿¢t value •t C6Awll
2022
918,gJ1
Net galniiknul on
revaluation
118,2Cel
Markot v4lu¢ at CQ Apr
2023
902.29
9. An•ty•L• ofln¥••tsrnnts b•t*wn fvnd•*• ￿y•V•￿I•d 202>
2023
2022
Unrwtrktsd
2.295
918,501
1296
918.501
7ofi0

The Thornton Tnjsl
Notes to the Financial Slalemenls Continued
For the year ended 05 Apnl 2023
10. Cr•dknra: lalllng duewlthln on• year
202Z
Acuua18 and deferred incc¢no
.042
82,529
042
82.629
11. Alov•mpnt kn lund#
UnMtriet•d Fund•
Ba￿￿¢• •t
0610412022
Ihcomlng
r••oure•
Outoolng
r••ourGg•
O*ln• •nd
10•908
B•lan¢• *t
001041202J
Ganor•l
897,329
68,952
173,7971
118,2071
874.277
197,321
88.962
In,7971
116,2071
874.277
Unr•itrfet•d FuTrdB- Pr•vk*u• y￿r
at
0110412021
Incomlng
r••0Uf¢
Oulgolng
r••our¢••
O•ln• •nd
lo••••
B*l*nc• at
G•n•
Gen•AI
8S9,690
88,275
(91.4841
60,828
897.329
869,690
6B878
191,4641
10.828
807,329
12. An•lpl• oln•ta•••t• b•t*wi lun
NrtA•••t•
41001•1
Unr••trl¢t•d fund•
Gethr81
G•Mral
SY12.295
(28.0181
874,27T
901296
12Q0181
87£277
8of10

The Thomton Trust
Notes to the Financial Slalemenls Continued
Forthe yearended 05 Apnl 2023
Pr•vlou8 y•Jr
Inv•abn¢nts
N•tturr•nt
N•tAq••ts
Unr08tr1ct8d fvnd
Gen•ral
918.501
121.1721
897.329
918,601
121.1721
897.329
9of10

The Thornton Trust
Detailed Ststement of Financial A¢tivilies
For the year ended 05 April 2023
2023
2022
INCOME AFID ENDOIMIENT
DonatlorM and Iqqacl••
Donat￿n$
Gnls In klnd
7,801
28,418
3.450
37.978
36,219
41A28
Incom• from Ilit•d irwe8tmontS
30,733
26.847
30,7
28.847
Tot*1 In¢omlng ￿0￿1¢•$
eo.?02
6&27JJ
EXPENDITURE
donatk+n* •nd 1•g•ok•B
Don•tlcfii
173,0721
191.9641
$LIPPORTC08TS
173,0721
1•0,•641
Gmrmnce co811
17251
15001
Total r••oureM •xp•nd•d
NET EXPENDITURE BEFORÉ GAINS ANO L088ES
Oth•r r•Bognlb•d ahd lo•u•
GI￿￿1￿￿} on rev•luatton of Inv•8tmenl•
173.79n
191M641
118.2071
80,828
111.2071
N•¢ InGom• b•lor• q•lth• ind IoM••
116,207
80.8ze
N•t Exp•ndkuM
12IOJ21
37,6Jg
100110
Thk* p￿e fo￿ p•t olthe statutory fin*nciyl stat￿ts