Charity r89Èstration number 209138 (England and WalBsl
WILLIAM BROOKE BENEVOLENT FUND
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

WILLIAM BROOKE BENEVOLENT FUND
LEGAL AND ADMINISTRATIVE INFORMATION
Trustee8
B Cooper
M R H Brooke
M C 8rooke
Charity number
209138
Reglstered office
Brooke's Mill
Armitage Biidgè
Huddersfield
We81 Yorkshire
HD4 7NR
Independent èxamlner
V J Atkinson
BK Plus Limited
52 St Johns L8ne
Halilax
Wesl Yorkshire
HX12BW
Bankers
Co-operallve Bank
42 Victoria Lane
Huddersfield
HD12SX
Ralhbone Greenbank Investments
Port of Liverpool Building
Pier Head
Liverpool
L3 1NW

WILLIAM BROOKE BENEVOLENT FUND
CONTENTS
Page
Trustees report
Independenl examiner's report
Slalement of financial activities
Balance sheet
Notès to th6 financial statements
8.15

WILLIAM BROOKE BENEVOLENT FUND
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial 8talements lor the year ended 31 March 2024.
Tho financial 51aletnents have been prepared in accordance with the accounling policies sel out in note 1 to the
financi81 slalemenls and mmply with the chaiity's governing document, the Charities Act 2011. FRS 102 "The
Financial Reporting Standard applicable in the UK 8nd Republic ol Iieland" and the Charitie8 SORP "Accounting
and Reporting by Charities. Slalemenl of Recommended Practice applicable lo eh8rilies preparing their 8tcount$ in
accordance with the Financial Reporting Standard applicable in the UK and Rtspublic of Ir¢land IFRS 1021"
Objectives and activities
The original objeclives ol the Trust were lo apply the income of the fund 'in helplng any ol the workpeopl$' of John
Brooke and Sons Limited who needed benevolent help e.g. unemployrnenl or old age provision, The origin81 doed
allowed Ihè Administrators to apply the funds for wider charitable purposes al their discretion and they are applying
funds to support the North Light Gallery, a centre lor encouragin9 the participation and leaching ol health
improvement, crealivily and thE arts.
Vve ai8 focusing our activities as follows on..
Croalive (Art and DanTr Schools).
Helping wilh food poverty
Mental and physical health
Heritage and Mill Preserv8tion
bl
dl
Public benefit
The trustees have paid due regard lo guidance issued by the Chwily Cornmission in deciding wh8t activities lh8
charity shoLsld undertake.
Aehlèv•m#nis and pèrformanco
Activities
Vve CDnlinu& lo support The North Llght Gallery as our prlme focus. Julia Brown has brought energy and sk111 as our
new Art Tutor and IhBr¢ is a wailing list loi her Glzsses. She hopes lo start a Thursday morning class in 2025. The
Art School hosts a number ol weekly Pollery Classes where the lulor Kathryn arrang85 her own pupi18. The Danc8
School has had a challenging year as the cost of living crisis impacts parents.
The North Light Gallery has become the storage and distribution centre for the Ark Church Food Bank supplying
food lo needy tenants in the Berry Brow blocks of fla18, as well as the venue for the local branch ol Friend lo
Fnend, a luncheon club for our senior citizens.
We gave £500 to The Seashell Trust who help challenging Neuro Diversè Mental h8Bllh children. This is an
interègling underfunded need in society and wè ara eonducling a review of our support.
We gave £2000 to St Dayid's Church. Holmbridge low8rds their Organ renov81ion.
In 2024 we have given a grant to the River Holme Connections lo support the ongoing resloralion ol the River
Holme and ils Biodiversity, including removal of giant Knotweed.
Flttanclal revlew
R&seryes policy
Our Inv8slmenl Funds 8r8 héld lo pr(>vidè An 8nnual ineDme to support thè work ol the North Light Gallery.

WILLIAM BROOKE BENEVOLENT FUND
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Inveslrnent Objeolive
With inflation ielurning to target, cash has becorne a more Attractive asset and we have benefited from the better
rates of inleresl available on this fisk free assel. Our iDve51menls in Renewable energy Funds Iprincipa11y Windl
energy storage and SSE have been disappoinling as the Gountry tries to re-evaluate the rnix of requirements lo
minimise the effect ol Carbon on our climate. The elevated lev81s of the US 6quity market valuation driven by the
narrow 7 'super' stocks make5 U5 increasingly nervous and therèfore defensive. As an elhical Fund we do not feel il
proper to invest in Am8zoll for example as its business , convenient for so many. Is hugely delrimenlal to small and
large retailers that rnake town cenlr8s atlr8cliv6. We are also negative on Mela as the effecls of some aspects of
Social Media on mental health is quÉstionable at least.
We have * weighting of S/fj in gold as 8 holdèr of value in a time of high innalion. Othèrwi96 we wait and keep our
powdèr dry lor better opportunities.
Currency
The base currenw of the investment portfolio is Sterling.
Inveslmenls may be mad8 in non- Storling assets, but not exceed 60% of the total investment portfolio v81ue.
Hedging in nol permitted.
Gredil
The Charity 's cash balances should be deposited with institulions with a minimtjrn 181ing of A- or invested in a
diver8if18d money market fund.
Deposits should bg spread by counterparty. subject to a tnaKimum exposure of £200.000 per institution.
Bond exposure should be focused on investment grade isguèrs.
Risk
The Key risk to Ihe long l&rm sustalnability CTrf the Fund is infl81ion and the assets should be invested lo rnilig8lo this
risk over the long lemi. The Tluslees understand that this is likely lo rnean th81 investments will be concentrated in a
mixlufy of Bonds, UK Equilie8. Over8ea8 Equities and Cash and or property and that Capilal values will fluctuate.
Liquidity
The Charity aims to spend aprox 3% of it8 assets per annum for its objectives.
The Chaiity kegps a mlnimum of apTOX 2 10 in cash as requir8d for regular expenditure.
Time Hctrrizon
The Charity is a long term Fund.
Elhical Policy
During the 17lh afid 19th centuries a numbeT of Methodist and Quaker families such as the Foxs, ROWnt￿eS, and
the Lloyd8 51arted businesses which they fell 8eN¢d God by providing work and in som8 c8s8s good working and
living conditions. There were other'negalive, criteria which some ol these Victorian and other early twentieth century
American entrepreneurs established and that wa8 avoiding invests'ng their money in, for example, arms, alcohol,
gambling 8nd tobacco. This mode of positive and negative investing is a growing field of investment and is now
more called So¢i8lly Responsible Investment ISRI}.
Willlam Brooke sel up the William Brooke Benevolent Fund with three irivestments..
$6.1￿0 Oregon R$i￿aY
$6.OQQ Chicago 8nd Illinois Railway
$2,000 Wisconsin Genlral Railway
These investments provide us, as Trustee$, with an example of the typ8 of stock that we may seek lo invest in.
They were forward looking, provided a reasonable income, were considered of rèasonable risk anrl there was no
lear of investing in foreign markets.

WILLIAM BROOKE BENEVOLENT FUND
TRUSTEES REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
This Charlly seeks to invest in companies that will combine finanaal returns with sustainability. positive ethical and
mor81 criloria. iespon5ible employrnenl arHI corpDrale goveinance with sensitivity lo the environrnenl.
We do not invest in any company whose rnanagement practices are judged by us lo be unacceptable or e¥ploilalive
or causes undue environmental damage. Investment is avoided in any company, a rnajor part of whose business
activity is gambling, supply of tobacco products, alcoholic drinks, arrnamenls or pornography.
Management. reporting and Monitoring
The Trustees have appointed Ralhbone Greenbank as its"Advisory" Inveslment Managers.
Investment Management is delegated lo Mark Brooke (Trusleel and the above investment advisors.
Our Investment Manggeis will provide quarterly valuations, anntsal tax report, performance analysis and
Commentary.
Risk profiles will be agreed with Managets.
Approval and Review
This Investment Policy Statement was prepared by Mark Brooke Trustee.
Effective from April 2016
Reviewed Annually
Stru¢tur¢. gov•rnan¢¢ and manag•mont
The William Brooke Benevolent Fund is governed and managed according to the Trust Deed ol the Charity dated 9
August 1912.
The trustee8 who served during the ye3r and up lo the dale o15ignature ol the financial slaletnents weie."
B Co(>per
M R H Brooke
M C Brooke
We lake Conflicts cif interest very seriously and try to acl in the eharily's bèst interests. The propèrty which is ienled
by the charity is independently valued by a local Eslale Agent lo ensure there is conflict of interest with John
Brook& & Sons Ltd.
The Iru51ees reptsrt was approved by the Board ol Trustees.
M R H Brooke
Trustèè
Dale..
30/01/1015

WILLIAM BROOKE BENEVOLENT FUND
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The Iruslees are rÈgponsibl8 for prèp8ring th8 Trustees Rèport and the financial statements in accordance wilh
8ppIic8ble law and United Kingdom A¢¢ounling Standerds Iunilgd Kingdom Generally A¢c&pt8d A¢counling
Pr8¢ticel.
The law applicable lo charities in England and Wales requires the trustees lo prepare financial slalemenls for each
financial year which give a IrLie and fair view of the stale of affairs ol the charity and of the incoming resources and
application ol resoLiices of the charity lor that yeai.
In prép8ring these financi81 st8temenls, the trustees ale required to..
select sui13ble accountin9 policies and then apply Ih$m ooll51Stonlly',
observe Ihg methods and principl95 in the Charities SORP,.
tnake judgemonls and eslim8les that ar& re880nable and wudenl.,
slate whether applicable accounting standgrds have been followed, subject to any material dep&rtures disclosed
and explained in the financi81 slatemenls.. and
prepare the financial statements on the going concern ba8is unless il 18 inappiopri8le lo presume th81 the charity
will continue in operation.
The Iitjslees 3re re5POn5ible for keeping SUffi￿ent accounting records that disclose with reasonable accuracy at any
lime Ihe financial position of the Ghaiily and enable thetn lo ensuTe that the financial statetllenls comply with the
Charities Act 2011, the Charity IAccounls and Reports) Règulations 2008 and the provisions ol the trust deed. They
are also responsible for safeguarding the assets ol the ch8rily and hence for taking reasonable sleps lor the
prevention and deleclion ol fraud and other irregulaiilie8.

WILLIAM BROOKE BENEVOLENT FUND
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF WILLIAM BROOKE BENEVOLENT FUND
I report to IhÈ trustees on my examination of the financial statements of William Brooke Benevolent Fund Ithe
charilyl for the year ended 31 March 2024.
R8sponslbilities and basls of report
As the Iruslees Dr the charily you are responsiblè for thè prep8r8tion ol the financial statements in accord8nCÈ Wlth
the requirements of the Charities Act 2011.
I report in respect of my examination of the charity's financial 8tatemenls carried out under section 145 of the
Charities Ad 2011. In carrying out my examination I have followed the Directions gwen by the Charity Commission
dei section 14515llbl ol the Charilies Acl 2011.
Independent examIfie￿I $tatÈmènt
Since the charity's gross income exceeded £250,000. the independent examiner musl be a member of a body listed
in section 145 of Ihe Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a
m8mbèr ol thè Association of Chartered Certified Accountants, which is one of the listed bodies.
Your atlenlion is diawn lo th& fa¢t th81 the charity has prepared the financial statements in accordance wllh the
relevant version of tho StatfyFnenl of Recommended Practice applicable to charities piepafing their financial
81atements in ac¢ordance with Ihe Flnancial Reporting Standard applicable in the UK and Republic ol Ireland IFRS
1021 in prelerence lo Ihe Accounling and Reportirig by Ch8ritieg." Statement of Recommèndèd Pr8Cti¢e 1g8uÉd on 1
April 2005 which is referred to in the exl8nl regulations bul has now béèn wilhdfgwn. l undèrstand Ih8t this has
bÉ&n donè in order for the financial slatemenls to provide a true and fair view in accordance wilh UK Generally
Aec8Pt8d Accounting Practice.
I have cornpleled my examination. I confirtn that no tnatlets have CDme to rny attention in connection with the
examination giving ffle Cause lo believe that in any material re5peet'.
accounling records were not kept in ¥especl ol the charily as required by section 130 CTr1 the Charilies Act 2011.
the fin8ncial statements do not 8ccord with thosè records., or
the financial slalements do not comply with the applicable requirements concerning the form and ctsntent of
financial slalemenls sel out in the Charities {Accounls and Reports) Reoulalions 2008 othei than any
requirement th81 the financial statèmènlg give a true and fair view, which is not a mattèr considered 8g p8rt of
an independent examinalton,
I have no concerns and have come across no other matters in connedion with Ihe examination lo which allenlion
should be drawn in this report in order lo enable a proper understanding of the financial statements to be reached.
V J Atkinson
BK Plus Limited
52 Sl Johns Lane
Halifax
West Yorkshire
HX12B
Dale..
LilYII

WILLIAM BROOKE BENEVOLENT FUND
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Unrestrlcted
funds
2023
Notes
Income from..
Charitable actlvities
Other trading activities
Investments
51,067
4,830
211,082
45.591
7.874
143,529
Total income
266.979
196.994
Expendlture on-.
Raising funds
ChaFilable activities
5,672
133,193
11,235
152,264
Total expendlture
138,865
163,499
Net gainslllossesl on investments
12
1268.6731
(261,4411
Net expendlture
{140,559}
{227.9461
othèr ￿CognIs*￿ galns and lossès:
Olher losses
14
137,732)
150.6951
Nèt mov•m•nt Sn funds
1178,2911
{278.6411
Recon¢iliation of fufid$'.
Fund balances at 1 April 2023
5,405.536
5,684,177
Fund balances at 31 March 2024
5,227,245
5,405,536
The staternenl of financial activities includes all gains and losses recognised in the year. All income and expenditLsre
derive from continuing activities.

WILLIAM BROOKE BENEVOLENT FUND
BALANCE SHEET
ASAT31 MARCH2024
2024
2023
Notes
Fixed assets
Tangibl8 8ss818
Investments
15
16
7,049
2,183,053
8.549
1,955,858
2,190,102
1,964,407
Curront assets
Debtors
Cash 31 bank and in hand
17
1,456
3,164,477
30,531
3,457,021
3,165.933
3,487,552
Credltors.. amounts falling due withln
one year
18
1128,7901
148.4231
Net current assets
3,037,143
3,441,129
Total assets less ciJrr8nt liabilltiès
5,227,245
5,405,538
The funds of the charity
Un¥estricted funds
19
5,227,245
5,405,536
5,227,245
5,405,536
The finaNci8181alemerTrls wore approved by the tru51Ee5 Oll
301011I0aS
k f¥ook
M R H Brooke
Trustee

WILLIAM BROOKE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcies
Charlty Infomiation
William Brooke Benevolent Fund is an urtincofpoiated ch8rity, number 209138. registered in England and
Wales with the Charity Cornmission.
1.a Accounting convèntion
The financial statements have been prepared in accordance wlh the charity's governing dO￿l￿￿nI, the
Charities Acl 2011, FRS 102 "The Financial Reporting Standard applicable In the UK and Republic (>f Iréland"
and the Charities SORP Accounting and Reporting by Ch8rilies.' Statement of Recowrllended Practic&
applicable to charities preparing their accoun18 in accoidance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021" The charity 18 a Public Benefit Enlily as defined by
FRS 102.
The charity ha$ 18ken advantage of th8 piovision5 in thè SORP for charities not lo prepare a statement of
cash flows.
The financial statements have departed from the Chaiilies IAcGounls and Reportsl RegulaliDns 2008 only to
the extent required lo provide a true and fair view. This departure has involved following the Slalemenl of
Recommended Practice for Charities applying FRS 102 rather than thè version ol the Sl8tément of
Recommended Practice which is referred to in the Regulations bul which ha8 Sin￿ been withdrawn.
The financial statÉmÉnts are prepared in sterling, which is the lunctional cur¥ency Of the charity. Monetary
amounts in Iheye financial sl818menls are rounded lo the nearest £.
The financial slatemenls have been prepared under the historical c051 convention, Imodified to inGlud¢ the
revaluation of freehold properties and lo include investment properties and certairi financial inslrum8nls al fair
valuel. The principal accounting policies adopted are set out below.
1.2 Golnu concèrn
Al the lime of approving the financial slatemenls, the trustees have a re8sonable expectation that the charity
has adequate resources to continue in operational exi81ence for the foreseeable lulure. Thus the trustees
continue to adopt the going concern basis ol accounting in preparing the financial slatemenls.
1.3 Charltable funds
Unreslricled funds ale avail8ble for uss al the discielion of the Iruslees in furtherance of their ch8ri18ble
objectNes.
Reslri¢led funds ale subject to specilic conditlOll5 by donors or grantois as to how they may b8 used. Th
purposes and uses of the r88triclÉd funds arè sèl out in thè notès to the financial statèments.
Endowment funds are subject to Specific conditions by donors that thè Capital must bè maintainèd by th8
charity.
1.4 Incom•
Income is recogllised when the charity is legally enlilled ID Il aft8r 8ny performance conditions have been Mel,
the amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recogni88d on recèipt. Othèr don81ions are recognised once thè tharity has been notified
of the donation, unless performance conditions rtsquire deferral of the amount. Income lax recoverable in
relation lo donations received under Gift Aid or deeds of coven8nl 18 recognised al the IiTne of ltte donation.
Legacies are recognised on receipt or olhetwise If the chsrily h8$ been notified of an impending di81ribution,
the amount is known. and receipt is expected. If the amount is not known, the legacy 15 I￿ated as a
contingent asset.

WILLIAM BROOKE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policles
(Continued)
1.5 Expèndituré
Expenditure is recognised once there is a legal or conslruclive obligation lo transfer economic benefit to a
third party, il is probable that a transfer of econDmic benefits will be required in selllement, 2nd the amount of
the obligatlDn can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up ol the tolal of direct costs 8nd
shared costs, in¢ludlng SUPPOrt costs involved in undertaking each activily. Dlre¢t costs atlrlbutable lo a singlo
activity are allDcaled directly lo that activity. Shared costs which conliibule to tnore than one activity and
support costs whiGh ale not allributable lo a single aclwily are apportioned behveen those aclivilies on a ba818
consislenl with the use of resources. Central staff cosls are allocated on the basis of time spent, and
deprec4ation charges are allocated on the portion ol the asset's use.
1.6 Tangible fixed asaÈt8
Tangible fixed assets are initially measured at cosl and subsequenlty measured at cost or valualiDll, nel of
depreciation and any itnpairment losses.
Depreciation is recognised so as to write off Ihe cost or valuation of assets less their residual values over their
useful lives on the lollowing bases..
Improvements lo property
Fixtures and fittings
Straight line over 3 years
straight line over 3 years
The gain or loss arising on Ihe disposal ol an assel is determined as the drfference between the sale proGeeds
and the carrying value of the asset. and is recognised in the statement of financial activities.
1.7 Flxed asset Inve$tmgnt8
Fixed assel investments 8r8 inilially measured al tr&ns8Ction price èxcluding transaction costs, and arè
3ubsequèntly méasured 81 lair valuè 81 each réporting dale. Chgnges in fair value are re¢ogni8ed in net
Incornellexpenditurel for the yeai. Transaction costs ale expensed as incurred.
1.8 Impalrment of Ilxed assets
Al each reporting end dale, the charity revlews the carrying amounts of ils tangible assets lo determine
whelheT there Is any indication that those assgls have suffered an impairment loss. If any such indication
exists, the recoverable amount ol the asset is estimated in order lo determine the extent of the impairment
loss lif any).
1.9 Cash and cash equlvalents
C8sh and c3sh equivalents include cash in h8nd, deposits held al call with banks, other short-lerm liquid
ir)veslmenls with original rralurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.10 Flnanclal Snstruments
The chaiily has elected lo apply the pioM510lls of Secticin 11 '8asic Financi81 Insliumen15' and Section 12
'Other Financial Instruments Issues, of FRS 102 to all ol 118 financial inslrumenls.
Financial instruments are recognised in the cttarily's balan￿ sheet when Ihe charity becomes party lo the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the nel amounts presented in the financial stat?menls, when
there is a legally enforceable ruhl to sel off the recognised amounts and there is an intention Io settle on a net
basis or to realise the asset and settle the liability simultanèously.

WILLIAM BROOKE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontlnuedl
8aslc flnanclal assets
Basic financial as8el8, which include debtors and cash and bank balall￿S, are initially measured al
transaction price including transaction G051s and ao Subsequently carried al amortised cost using the effeclive
interest method unless the arrangerngnl conslilutes a finanang transaction, where the transaction is
measured at the present value ol the luluie reoeipls discourTrl&d at a markèt ratè ol interest. Financi81 ass6ts
cla55ified a5 receivable wilhin one year are not 8mortised.
Basic linBncfflAI liabllitiès
Basic financial liabililies, including credilc)rs and bank loans are initially recognised at Ifansaction pricè unless
the arrangement conslilules a financing transaction. where the debt instrument is measured at the present
valuè ol the future paymenls discounted at a rnarket rale ol inleiesl. Financial liabilities classified as payable
withift one yèar a¥e not amortised.
Debt in8lrumenls are subsequently carfied al amortlSEd cost, using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course ol
operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one
year or less. If not, they are presonled as non-currenl liabilities. Trade creditors arE recogllised initially at
transaction price and subsequonlly rneasuied al arnortised cost using the effective interest method.
Derecognition of Ilnanclal liabillties
Financial liabilities are derecognised when tho tholily's ¢onlr8Gtual obligalions expire or are discharged or
cancelled.
1.11 Emplpyeg bengflts
The cost of any unused ttoliday enlillemenl 15 recognised in the pgriod in whiGh the eTnployee's services ale
re￿ived.
Termination benefils are recognised immedialely ss an expense when the charity is demonstrably ¢ommilted
lo tèrmin8tÈ the employment of an employee or to provide lerrnination benefits,
Critical accounting e$timat¢$ and lyd9èm¢nts
In the application ol the charity'8 accounting polici¢s, the trustees are required lo make judgetnenls, eslirnale8
and assumptions about the carrying amount of assets and liabilities that are not readily app81enl frorr other
SDvrces. The estimates and associated assurnplions are based on historical experience and other 18Ctors that
are considered to bè relèvant. Actual results may differ from these eslimales.
Tho astimales and underlying assumplions are reviewed on an ongoing basis. Revisions lo accounting
e51itnat85 are iecoglli5ed in the period in which the estimate is revised where the revision affecls only that
period, or the period ol thè revision and future periods where the revision affects both current and future
periods.
10

WILLIAM BROOKE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2024
Income from charitable activities
Unrèstrlctod
funds
2024
Unr•gtriet&d
funds
2023
Charitable actlvltles
The Academy- Dance Sludic*
The A¢ademy- Art School
Other income
30,427
18,798
1,842
27,517
17,551
523
51,067
45,591
Incomè from other trading activlties
Unrestricted UnrestYl¢ted
lund8
funds
2024
2023
Rotsm hire- Weddingsl parties
4,830
7,874
Income from investments
Unrestrlcted Unrestricted
funds
funds
2024
2023
Other fixed asset invest- Fll
Interest r&c¢ivable
68.667
142,415
97,230
46,299
211.082
143.529
Expèndlturo on ralsing funds
Unrestricted Unrestricted
fund$
funds
2024
2023
Investment management
5,672
11,235

WILLIAM BROOKE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charltsble actlvltles
Charitable
actlvitles
2024
Charitable
actlvitles
2023
Dir¢¢l costs
Depreciation and imp8irment
Rates and waler
Insurance
Light and heat
Telephone
Sundrias
Renl
Repairs and maintenance
Cleaning
Professlonal cosls
Purchases
Wages. tutors ètc
5,734
2,961
4.656
15,731
3,158
1,086
72,020
1,581
6,008
661
6,881
7,136
4,323
2,559
4,622
13.323
2.892
1,740
64,460
1,373
7,756
4,508
11,121
8.507
127,813
127.184
Grant funding of activilieslsee note 81
2,000
20,860
Shar? of support and governan¢e costs
SLJPPOrt
3.380
4,420
133.193
152,264
Analysis by fund
Unreslri¢led funds- general
133,193
152,264
Charitablè activity costs include charges for rent, insurance, water rates, gas and electricity felaling lo the
premises being occupied at John Brooke and Sons Limited of which M R H Brooke is a director. The charges
are made on a commercial basis, based on the findings 018n indèpendent valuer.
Grants payable
Charitable
actlvities
2024
Charitable
actlvltles
2023
Giants lo inslitulions..
B Grèen
Wel¢ome Centre
Worth Unlimited
K Astin
Sl David's Church
1,500
18,000
1,000
160
2,000
2,000
20,660
12

WILLIAM BROOKE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2024
Net mov•ment in fund¥
2024
2023
The net rnovemenl in funds is staled after chargingllcredilingl..
Fees payable for the independent examination of the chaiily's flnan¢lal
slalements
Depreciation ol owned langlble fixed assets
5.734
4,323
10 Trustees
None of the tiuslees (or any peisons connected with them) received any remuneration or benefits from the
Charity during the year.
DuTing Ihe year expenses lolalling £4.472 ha￿ been claimed by one tru8188 to réimbursè them for costs
incurred on behalf of the charity.
11 Employee¥
The average monthly number of employeÈs during the year was..
2024
Numb8r
2023
Number
Total
There wèrè no employees whose annual r¢muneralion was more than £60,000,
12 Galns and losses on inve$tmonts
Unre$lrl¢t¢d Unrastricted
funds
funds
2024
2023
Gainslllossèsl arising on..
Revaluation of invoslments
1268.S731
1261,4411
13 Taxation
The charity is exempt from taxation on its aclivilies because all ils income is applied for charitable purposes.

WILLIAM BROOKE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
14 Other gain8 an¢1 losses
Unre¥trlcted Unrestricted
funds
funds
2024
2023
Gainslllossesl upoll..
Foreign ¢x¢hange
37,732
50,695
IS Tangibl* flx8d assets
Improvement$ Flxture$ Jnd
lo property
Tot•1
Cost
Al l April 2023
Additions
189,795
415,355
4,233
605,150
4,233
At 31 March 2024
189.795
419,588
609,383
Depreciation and Impalrnient
Al 1 April 2023
Depreciation charged in the year
189,795
406.8D5
5,734
596,600
5,734
At 31 March 2024
189.795
412,539
602.334
Carrying amount
At 31 March 2024
7.D49
7,049
At 31 March 2023
8,549
8,549
Inveslmenl properties rented to another group éntily have been Bcoounted for using the cost model. The
c8rrying value of these investment properties included within tangible fixed assets is £189,795 12023
£189.7951.
16 Flxed asset Investments
LSsted
Unlisted
investments Inveslmenta
Total
C08t or valuation
At 1 April 2023
Valuation changes
1,905,608
227,195
50,250
1,955,858
227,195
Al 31 March 2024
2,132,803
50,250
2,183,053
CaTryÉng amount
Al 31 March 2024
2,132,8C)3
50,250
2,183.053
Al 31 March 2023
1,905,608
SO,250
1,955.858
14

WILLIAM BROOKE BENEVOLENT FUND
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
17 Debtors
2024
2023
Amounts fallSng due wlthln one year..
Trade debtors
Prèpayments and accrued income
4,317
26,214
343
1.458
30,531
18 Creditor8.- arnounl¥ falling du• withln one year
2024
2023
Other tBxation and social security
Trade creditors
Ac¢ruals and dÈlèrred income
85,285
23.042
20,483
16,6481
31,92g
21,142
128,790
46,423
19 Unrastrfctad funds
The unreslricled funds of the charity comprise the unexpended b81ancès of donalions and grants which are
not subject lo specific conditions by donors and gr8nlors as to how thèy may be used. These include
designated funds which have been set aside oul of unreslTrcled funds by the Iruslees for specific purposes.
At 1 Aprll
2023
Incoming
resources
Resources
expended
Gains and At 31 March
losses
2024
General funds
5,405,536
266,979
1138,8651
1306.4051
5,227,245
Previous year-
At 1 April
2022
Ineoming
re$our¢¢$
Rèsources
èxpended
Gains and At 31 March
losses
2023
General funds
5,684,177
19e,994
1163.4991
1312.1361
5,405,536
20 Relatèd party transactlons
The charity Was established as a benevolent inslilulion foi Ihe wotke¥5 of John Brooke and Stsns
(Holdings) Limited, and as such has always been managed and administered from the sarne pfemises
a8 that company.
The charity occupies premises owned by John 8rotskè and Sons Limited, of which the Iruslee M R H
Brooke is a diredors. All charges are rnade on a commorcial basis and have been disclosed in the note
below.
The lolal amoun18 charged by John Brooke and Sons Limited in the year wère £107,560 12023
£91,057) and the balanTr oulslanding al the ye8r end was £7812023 .' £1,658).
15