THE BENEVOLENT FUND OF ThE
THEOSOPHICAL SOCIETY IN ENGLAND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020

THE BENEVOLENT FUND OF THE THEOSOPHICAL socIErY IN ENGLAND
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2020
INDEX
Page
GeneT81 wfft)rmalK)n
Trustee's Report
Independ￿t Examk)èrfs Re￿rt
state￿Ent of Financaal Activit￿3
Balar￿e Sheet
Notes lo t1￿ Financial Statements
8-10
Page 1

THE BENEVoLE￿r FUND OF THE THE
PHICA
CIETY IN
LIND
FINANCIAL STATEMENT
YEAR ENDED 30 SEPTEMBER 2020
TRUSTEE
The English The050phKal Trust Ltd
ADMINISTRATORS
Jenny Baker
EngL8nd
Mrs Mat9Jila Walker- AJrmiÈr
Nabonal Presideni of The Theosophical Society in
ADDRESS
50 GtoucÈts Placè
London
W1U 8EA
ACCOUNTANTS
Mercer & Hole
21 Lombard Street
London
EC3V 9AH
BANKERS
HSBC Bank PIC
90 Baker Streel
London W1M 2AX
Lloyds TSB P
19123
Obelisk
Way
Camberfey
Surw GU15 3SE
CHARITY
COMMISSION
REGISTRATION
NUMBER:
209130- Reyi51ered 22 Septèmbèr 1962
Page 2

THE BENEVOLENT FUND OF THE THEOSOPHICAL SOCIETY IN ENGLAND
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2020
REPORT OF THE TRUSTEE
The Trustee has pleasure in presenting its RepNt and Financ4al Statements for the year ended ￿ Seplember
2020.
Princl al Actlvtties
The objects of the Fund as Set out in the Trust Deed are wrteT alia. the relief of poverty among members of The
Theosophir•l Society in England. their wKI(5wers. thild￿n dependorts arKI the as$islan¢e of ￿1
th8rities approved by the Natiorhal Coun(il of the Theosoph￿1 So(iety in Evbgknd.
Flnanclal Results
Total incoming resources arrwnled lo £32,33012019: £2.5141.
Total resoU￿e$ expended aMC￿￿ted to £6.28412019-. £4.135).
Unre81ised Ik)s$esllgains on inve5knerts for1h8yeara￿Wnl￿ to1£14.702112019: £6,rK)31.
The unrÈstrit#èd fvnd balan(* all￿ yèar-end amounted to £333.28212019.' £321.938).
Constltutlon
The Fund 15 govemed by the le￿S of a Tru51 Deed dated 17 Jarlljary 1959.
Charttles Status
The Fund w35 registered Tith the Charity Commi55x)n rm 22 Septerr*)er 1￿.
Admlnlstrators
The Administrators who served throughout the yearwere..
Jenny Bak
National Presmjent ofThe Theosophwal So(xety in EnslarKI
Mrs Margarita Walker Arr￿er
Re$erve$
oll
Tlie kvel of reserves is ￿gular￿ moniiored by Ihe adminislralors and is cwrentty cc￿￿der9￿ to be reasonable
gNen the nature and scate ol the charitable activities.
Risk mana
emeni
The Trustee has exarnned the princapal areas ofthe CharW8 athtie5 3rKI has c¥￿5￿Jer9d the major riryks faced in
each ofthese a￿as.
Page 3

THE BENEVOLENT FUND OF THE THEOSOPHICAL SOCIETY IN ENGLAND
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2020
REPORT OF THE TRUSTEE IConLI
Investments
The Charity's Inveslrnenl Portfolio 15 rnainty invèsted In sewnliès, M & G Charibond and B8rcl8ys for income.
During the year under review Ihere were uniealised losses of1£14,7021. The market value of investments at the
year-end arTK)unted to £256,84312019." £271,545).
Statement of trustee's res
nsibilities
Charity Law require5 the trustee to p￿Pare financial statements for each financial year which gNe a true and fair
view ol the state of affair5 01 the chaiity and of rts ffinanaal actwrties for that period and adequate￿ dislinguish
any mater￿1 special trusl or other restsicted fund of the charity. In preparing these, the twstee is reqUI￿d to.'-
select suilable accounting policies and Ihen appty them consistenty..
observe the rnethod5 and principles in the Charit￿$ SORP-
make judgements and esb"males that are reasonable and pNdeni
state whether applicab￿ UK accounting stsnd8rds have been folk)wed. Subject to any material
departure5 disdosed and explained in the finanual statements., and
prepa￿ the financsal staiemenls on Ihe gThng concern basi5 unles5 is inappropriate to presume that
the charty W￿11 continLSe in operab"on.
The trustee Is responsible for keeping proper accovntirtg records disdose with reasonable accuracy at any
time the financial Fx)sition of the tharity and to enab￿ li to ensure that the financial statement5 Cotnpty with the
Charities Act 2011. the Charty IAcrA)unts Reports) ReguL4tK)n5 2008 and trust deed. It is also responsible for
safeguaiding th8 asset5 of the chatity and hence laking reasonable sleps lor the prevention and detection of
fraud and other irregularitses.
The Report of the Trustees was approved by the Diredors of The Englhsh TheosoFthkal Trust Ltd on
0.4.. 0&.: VLI
. and s*Jned on their behalf by.
Jenry Baker
Administiator
Page 4

THE BENEVOLENT FUND OF THE THEOSOPHICAL SOCIETY IN ENGLAND
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2020
Inde
la
endent Examln•rfs Re
rt to the frustee of the Benevolent Fund of The Theoso
hlcal Socle
In
I report to the trustee on my examit)atK*n of the finanual $talen￿ntS of The Be￿Y￿ent FuThJ of the Theosophical
Society In England (the chartiyl for the year ended 30 September 2020.
Res
onsibilities and basis of rp
As the trustee of the tharity you are responsible for the Pr¢paTrI￿ ol the finanrial statements In ￿0(danCe ¥￿th
the requ1reTh￿nts of Ihe Charities Acl 2011 {the 2011 Act).
I report in respect of nTV examinatiC￿ of the charity's finanua sLiiements carried out L￿der secth)n 145 01 the 2011
Act. In carying out my examination I have followed all the applicabje Directions grven by the Charity ComnNssion
under section 14515llbl of the 2011 Acf.
ndè
•nd•nt •xamln•Ps stst•m•nl
Your attenuon Is drawn lo Ihe facilhat the charity has wepared financad ststen*nts in a(Urdan￿ wlth Accounilng
and Reporting by Charilie5 Preparing theIr8￿OUntS Fn aC￿rdan￿ wlh the Finan(ial Reporling Standard applicable
in the UK and Republic of Iietsnd IFRS 102) in weference lo Ihe A￿nI￿19 and Reporting by Charities.. Stal8rTpnl
of Recotnmended PraCt￿e i55ued on l AprA 2005 whth is ieferred to in the extant fegukI]￿S but has ncM* been
withdrawn.
l understand that this has been done in orderfor finan￿1 staternents to ptovide 8 true and view in 8CCOfdanc8
with Generalty Ar￿pted AcrA3unb"ng Prathce ellect￿￿ for rewrting period5 beginnin9 on or after 1 January 2019.
I have completed my eXan￿atIon. I cc￿fi￿ thal no maiters have come to ffly attenlion in connection with the
examination giving me lo believe that in any mateiial res￿1..
accounting records were not kept in respect of the charity as req￿￿j ty 8ectK)n 130 of the 2011 Act.. or
2. Ihe financial slatemenls do rK>I acoyd wtih Ih05e record5'. or
3. Ihe financial slatefflents do not cornp￿ ¥￿th the applI(Xb￿ requwen*nts conceming the fomi and (x)ntent
of accounis sel out in the Charities (Accounts and Reports) ReguiatKJns 2W8 other than any requiremenl
that the accounts give a tnje and law wewwh￿h is not a matter conSide￿d as part of an independent
&xanMnab"on.
I have no concerns and have cowE across no other matiers ￿ conn￿tI)n with the eXa￿￿natiOn to which a(tention
should be drawn in Ihis report in wder to enable a proper understanding of the ffinan¢ial stslements to be reached.
Andrew Crook BA ACA
Mercer & Hole
21 Lombard Street
London
EC3V 9AH
Dats: 4 May.2021
Page 5

THEB
NEVOLENT F
ND
FTHETH
PHICA
CIETY IN ENGLAND
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 20
sTATEmE￿r OF FINANCIAL ACTIVITIES
General Fund
2020
2019
INCOME AND EXPENDI
INCOMING RESOURCES
tlonalK)ns and Gfft Aid
Investment income
Bank deposrt interest
25.C(JO
7.259
71
1,045
1,367
102
32,330
2.514
RESOURCES EXPENDED
Grants to benefiaaiies
Auditor5, remuneration
Bank deposrt charges
Insurance
Sundry
3,010
1,440
74
760
1.000
2,695
1.440
TOTAL RESOURCES EXPENDED
6,284
4,135
NC
RC
26,046
11,6211
OTHER RECOGNISED GAINS AND LOSSES
Reali5ed and unrealised 9aingl1055esl on investment assets
114,7021
6,003
NET MOVEMENT IN FUNDS
11,344
4,382
Fund balance brou
1 October 2019
ht forward at
321,938
317,556
Fund balance carried forward
30Se
tember 2020
£333,282
£321,938
The statement of finanaal ac*vit*s irtludes all gains and losses recognised In the yèar.
AJI income and èxpèndituro dwive from continuin9 athvthes.
Page 6

THE BENEVOLENT FUND OF THE THEOSOPHICAL SOCIE￿ IN ENGLAND
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2020
BALANCE SHEET
2020
2019
IXED A
SETS
Investrnent8
256,843
271.545
CURRENT ASSETS
Cash at bank
71.879
52,253
LIABILITIES.. AMOUNTS FALLING
DUE WITHIN ONE YEAR
11.4401
{1.8601
NET CURRENT ASSETS
76.439
50.393
NET ASSETS
£333282
£321,938
FUNDS- UNRESTRICTED
General fvnd
£333,282
£321.93B
04.05.9￿1
The Finan￿al Slaternenls were approved by the Trusteè on ......................... and swJned on its behawby..
Jenny Baker
Adnrrinistrator
Page 7

THE BENEVOLENT FUND OF THE THEOSOPHICAL SOCIETY IN ENGLAND
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2020
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES
Chari
information
The Benevolent Fund of the Theosoph￿1 Soriety in England is an unincorporated charity. The prinapal officè
addres5 is 50 Glouce5teT Pl8(*, Lorbdon. W1U 8E
Accountin
convention
The fina￿1￿ statements have been prepared in accordance with the Fund's Trust tleed, thè Charitiès Act 2011
and "Accounting and Reporting for Charitie5'. Staiernenl of Re￿rnrnended Practice applicable to charities
preparing theiraccounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic
of Ireland IFRS1021" {as amended for ae(xbunb"ng periods commentyng from 1 J8nuaiy 20191. The Fund 15 a
Publ￿ Benefit Entty as defined by FRS 11Y2.
The financial statemenis are prepared in stefling. wh￿h is the hjnctK*n￿ currency of the Fund. Monetary amounts
in these finanaal 5tatement5 are rounded lo the neaTe5t £1.
The accounis have teen prepa￿d uThJerthe htstorical costconvention. modified to indude investments at market
value. The princjpal a￿OUntIng poliaes adopled are set oui below.
oln
Co
At the time of approving the finanaal ststements, the trustee has a reaSona￿e expectation that the chaTty has
adequate resour￿5 lo conlinue in operabonal existence for the foreseeable future. Thus, the truslee conlinlses
to adopt the going concern basis ol accounting in prepaiing the )Inancial 5taten*nt5.
Investments
InVestrr￿Trt5 are slated at market value at the balance sheet date and are held by the English Theosophical
Trust Ltd a5 Trustee. The SOFA includes the net gains and losses arising on revaluations throughout the
year.
Incorni
resource5
Cash ¢Jonattons and grfts a￿ induded in fi￿[ li Ihe Income and Expertdit￿e Account 35 500n as they are
recewed.
Gifts are valued by ieference to Iheir fflarket value at the timE of re(xipl.
Investsllent incnrT* 15 included in the Irwrre afKt EXpend[￿re Account on receipl.
Resources ex
ended
Resources expended are recognised In the wiod in are incurred.
Page 8

THE BENEVOLENT FUND OF THE THEOSOPHICAL SOCIEfY IN ENGLAND
AL STATEMENTS
YEAR ENDED 30
EPTEMBER 2020
NOTES
TEME
INVESTMENTS
UOTED INVE
TMEP￿s
Holdlng
Cost Market
value
Unreallsed M3rket
Gainslllossesl
value
thls year 30.09.20
01.10.19
Bankefs Investment Trust PIC
25p Ord shares
1.599
14.687
15,676
Foreign & Colonial Inve5trnenl
Trust PIC 25p Ord shares
2.146
1.599
15.172
15151 14.657
tan Investment Trust PIC
5p Ofd shares
1.599
10.5C
(1,4501 9,050
M & G Ch8ribond Charities Fixed
Interest Comrmn Invest Fund
Inc Shares
20,508.614
25.rjyj
25.611
25.679
Barclay5 Investment Fund
Varn)us
2LKI.0￿ 205.57S
113.7941 191,781
£229.797 £271.545
{£14.7021£256,843
P8ge 9

ND
F THE THEOSOPHICAL SOCIETY IN EN
LAND
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2020
NOTES TO THE FINANCIAL STATEMENTS
CASH AT BANK
2020
2019
Cash al bank
£77.879
t52,253
LIABILITIES.. AMOUNTS FALLING DUE WITHIN ONE YEAR
Accruals
£1.440
£1.860
REALISED AND UNREALISED LOSSES ON INVESTMENT ASSETS
Unreallseil bsses represent the decrease in value ol investments from Ihe date of original wrchase to the 30
September 2020. The decrease in market value of inve5trrEnts for the year under review amounted to
1£14.702112019'. £6.(M)3 increa5el.
Page 10