Sir John Priestman Charity Trust Report and Fln)In¢lg1 StAtements 31 December 2023 Ch&rity nutnber 209397 Sir John Prlestman Charity Tnjst Refe￿nce and Admlftistrative Details Constitution The Sir John PriestwBn Charity Trust 1$ a charitable t￿$1 govcmcd by its Tr￿t Deca. 11 is a regtsteTed charity DO. 209397. Trustees The Tn￿letS who 5crved during the yw were.. T R P S Nortou (ChairD￿l P W Taylor T W Greenwell J Mijer F Nicholson Offlees 47 John Srreet Sunderland Tyne and Wear SRI IQU Accountants Stephenson Coates Litnited Wcsl 2, Asonja Courr Newci$tl¢ Busines5 Park Newcasile upon Tync NE4 7YD Audltorj Arm8tr0ng Wiuon Audit Limilcd On¢ Strawberry Newca$de upon Tylle NEI 4BX Banker9 W¢tstherby's Private Bank S&nders Road Wellingborough Notthampton NN84BX Investment Advllors RBC Brewin Dolphin Time Ccntrgl GAllowgate Newcastle upon Tyne NEI 4SR Sollelttrrs M¢Kenzie Bell 47 John Str¢¢t Sund¢iland Tyne and Wear SRI IQU 0￿rItIng area The Trust's 8ciivities 4Te mainly cottfined lo the areas of the fortn¢r Counti￿ of DuThatn And York¥hire. Sir John Prtestman Charity TnJst Trustees, report for th• y•ar •nd•d 31 D•c•mbor 2023 Formatlon of tbe Trujt The TDJStwas e$t4bluh¢d by a S¢ttlement dated 31 March 1931 made by SirJohtt Pri¢stman*nd altered by stherncs of the Charity CDthmission dated 19 Detemlxr 1958 HDd 29 December 1997. By t 8¢h¢Tnq of th¢ Clwity ComttU55ion datsd 9 Avgu$t 1993 the Charity becathe th inooTporJtcd ctLQTity pursuant to the Charitable Tr￿t¢¢5 tu¢oryoratianAci 1872 la$ imglldedby tFLe Charities A¢t 19921. 2. ObJe¢ts of the Trust {11 By the Scheme of th¢ CharityCommiuioTh dated 29 Dt¢ember 1997 the Settlerneot w8salt¢nd, int¢r ali&, by ihe d¢leiion Ih¢Tcfrotn of all ref¢rences to the Clothtih8 Fund. This effKted the mer8er of the ClothiuK Fund and the General Fund from l JinuBry 1998. 121 Tht objicts of the T￿t al¢¢red 4nd wJAphrased but with the s¢¢tion¢d numberin8 Shown in the SettletfLent a¥ used in Note 2 to these fLtyin¢iAI giatotn¢DtsI 0￿.. la) The feeding ofpcwJr in the Courjty Borough of Sunderiand limeB of di8trcss. (bl The paymeut of auLui¢i¢s to old agcd poor p¢rsoD8 TtsidiD8 in the Coullty of Durhatll. l¥) The provisioft of Bdu£atioD il English University of young tnen ￿ canth"dale¥ for Holy Ordets in the ChU￿h of England who ￿e re$id¢nl in County of Durh8m #t th¢ timt of th¢ir a55istsnce. Idl Th¢ establishrnent or tn&intenEnce of h05Pit4l or convalescent hom¢ in th¢ Cvunry of Durh&m for thc beTrefil of the poor of the County. lel Th¢ ¢mploymellt alld piyment of tturso¥ for tht oick 4Dd th IL the COu￿ty ofDurbam. lfj Th¢ mlkn'ng of donaiions to aoy c￿N￿b]e th¥tithtion for the benefit of anypetsoN iithbitsnts of the County o(tMrb8m and in particulorof the Lounty Bomu8h of Sund¢rlarLd. lil For the benefjt ofmember8 of the Church of England.. (l} Building. tnailltsitiin8 fiunisbill8 linclud￿g provi8Lon of or$8ns1 rbur¢b#, Oii88iOD alld schools in the Coutttie8 of DurhDrD DDd York. (21 The relief. if in necessitous ¢ir¢umstsnc¢s, of mioiJters of the Church of En8l•nd who bve WQTknd or may bc workiD8 in the Counties oCDurhatll or York and rhe relief of widows or famili48 of iny such persons vtho tnay be itt Lece$$itous tirc1iul5t￿Lc¢S. (31 Any 8pe¢id u8¢ for PUIPOSC 5Lmilar to Ibe foregoi08 iti •tty p•rtof England Bnd for such other ¢barlt4ble purpo4¢4 a6 th¢ Trust¢V8 llwy d￿1th. Sir John Priestman Charty Tnjst Trustees, report ft*r th• y•ar endgd 31 D9￿mb*r 2023 3. Struttsrt, Goveraan¢e MaftagemeDt 111 The Trustce8 meet quarterly knd make 811 deci8ions Te8arding illve51mellt8 llnd payment of grants. (21 AtcoiirLIitL8 records 4re mawtailled on behalf of the Trusiees by Mesm Stephellwn Coales Limits4 AccouDtallt8 wbo pres¢nt quarterly matt&gemerti accounk5 to the fruslees. {31 All other admini$irilion in¢ludins th¢ processing of grant 4plicalions prior to consid¢rntion by th¢ Tru$ie¢5is carried out by N4tKcnzie B¢ll Lid Soli¢iiotS. 141 Trwlees are appoiuled by the existing Trustees pursuon¢ ￿ lh¢ provisions of the Seiilem¢ni and the Truste¢ Aci 1925. NEW TtU51c¢s are found from the coniacts and person?1 knowl¢d8e of existing TrusEee$. The sim of Ihe Trusice5 in making oppoinlmertis is 10 hav¢ a rans¢ olskills qualifications and ¢xperitnc¢ suited 10 achieving th¢ objects of Ihe Trusi os $¢1 out in th¢ Seitl¢rnertl. 151 Oll 4ppoitttment. TnJsiee$ are provid¢d with o copy of th¢ SettleEueai aod Charity CorothtJsion betnc& Ihe mogt r¢£eni iudil¢d f￿Rn¢la1 5t4iemeuts aDd inve8tm¢nt reports And rrlilluies of Trusi¢¢$ meetU￿8. The ¢KperiertG¢ of the pcrsons Qpwinied usually means tbot they havc ts undersr&ndth8 of the T¢sponsibiliueA of o chAfity trustee. bui Whe￿ necessary 8uidRn¢e ig Hvailable from the Tru$t's solicitors. R¢lev8nt Charity Commi&sion publi¢41ions are al$0 avoiiAble 10 the TrusteeB. 4. Rlsk M8nagernent Th¢ T￿siteS hove ¢ongidered iny Tisks 10 which The Trust might be exposed Bnd ire saiisfied thai the •dminisiraiive, invesimeni and finjncial pro¢¢durts which iTe in Pl￿t. minirnise th¢ risk ofrLny10sS lo Ihe Tlwi. Thc postiion 15 tevi¢wfd regularly by th¢ Tn￿le¢S. Slr John Priestm8n Charity Trust Trustees, report for th• y•ar endod 31 De¢¢mbèr 2023 5. Gr8nt-m4king Polley? Almi #nd Objective$ Th¢ obj¢cr5 of (he TtUSI arc furthcrcd by the making trf grants from the ineome of thr TrusL 121 The ptiacipal objocr5 of thc TNSI, save those relaiing to churches, 911 require b¢n¢fiis 10 be provided for ￿TSon$ Tesidin8 in Sullderland or Counly Dutroam. In the easc of ¢huTches, the seo8raphi¢AI are is ¢xt¢Dd¢d ro includc the County of York. The Trusl is unable 10 provide benefits dtrecily and IherEfoi¢ to achieve its. objecis by tnaking 8rant5 to other Uniicd ￿ngdoM Registered chaiitics providing benefits lo pcr4ons in Ihc5c arca5. This 18 the method adopied by forner tTuslccs for many y¢&rs a5 a mean8 of 'tsppin8 into. fi¢lds of Charitabl¢ Cxpertise serving the generttl pubbc in the omingted areRs. 11 ensurts a wide Are&of knefil and h4s hcet) most SUCCtS5fv1 over Ihe years. Only in speiial case$ are 8rarLls mad¢ ouisid# Ihese geographi¢AI AfEas or to individu&l5. 131 The Trn$rees 5upporr g number of ¢hariiies by way of regul4T annual grAnr5, but otherwise the Tru5tee$ Aim where pos$iblt lo Jward grants for specific projects. In this way the Trusice5 lo aS5l51 charitie5 to gchieve particular objectives such 4$ aGquiring orTcp1ac￿g css¢niLal equipmtnt or extending Ihe scope of rhe benefi15 wbich they providc. However 8fAnlg tow4rds genetil Costs are considered wh¢r¢ e%seniial to the benefits bein8 PTovid¢d. In rnaking granrs th¢ TThstc¢s are particulArly CDncerned to cslablish thfjl projl'cis drt viablt. A¢¢ordinKly Fanls may b¢ pward¢d subject to sucb condiiions *$ 10 ￿ndIng or othcrwi5e 85 the Trusi¢e5 considcr appropriAre and payment is dcferred until Ihc ¢ondiiions are satisfied. If these £artnol be fulfilled th¢ 8ranl i¥ Dnccllcd. 141 The yants awarded to churches Are for buildin8¥ rtstoring, 4li¢rin8y enl4r¥ing. mainiainin8 and fijrnishing (including provision of or¥Jn8I for the bettefii of tnetnbcrs ol'ilie Church of En81ond. The Trusi¢¢s r¢cognise the Challenges ftsced by Pdrishe5, often in deprived 4re¥5, in maintaining historic churcb buildins$ whi¢b often fulfil a vital role in the wider COTnmututy. W￿rl and the Iinancial staiemenis in accordance with applicable law dnd Uniied KiIJ8dom Accoun¢ing Standards (United Kingdom Generally A¢ccpLcd Accounting Pra¢iicel. Sir John Priestman Charity Trust Trustees, report lor thg ygar •ndod 310•cgmbèr 2023 The lllw appli¢&ble to chariti￿ in England & Wal¢s rrquir¢4 th¢ trust¢e8 tD prrp&r¢ finon¢ial $tstern¢nts for each f￿￿tial year which give a truc and falr vi¢w of the Sta￿ of affair$ of the ch￿ry and of the tncoming Itsouwes gDd applicaiionof r￿ourceS ofih¢ ¢harity forthatwiod. Inprep￿Ing thu¢ financial 5tatcm¢nts, the tru¥tcu r4uir¢d to.. Select Juitsbl¢ 4c¢oullting pjlieies and therj apply CO1￿1$[entlY,. Ob5¢rvr th¢ ￿thodS and principles ill the Charities SORP: M4k¢ judg¢ments llnd estimates that are re4$0n4bk It￿ pnJd¢nt.' Stst¢ wh¢th¢r applicable accounttng 8tandard8 have b¢•n follow¢d. 8ubj¢¢t to Arty m•t¢ri41 d¥parni th'$closed attd expillin¢d ￿ the fjnancial 51atemellls' QDd Prewe the ftswicial slal¢ffl¢nts on th¢ goitL8 concern ba&is unleB8 it is inappropriat• to ptesume that th¢ charity will CODtiDue in business. The tNsreeJ ore re5poLsible for kecpirJ8 prop¢r r¢oords th41 di￿103¢ with rcasonable a￿urneY ai any lime the fmancial position of the charity 8nd en￿1¢ them 10 ensure that the fina￿181 $iaiements mply witb the ChBrit1¢5 Act 2011. tho Charity (Accounts and Report81 Regulorions 2008 the provision5 of the tru81 deed. They are &180 responsible for ¥Bfi8u4rdin8 tkn aiwts Df the rh•tity and h¢D¢¢ for tskn'n8 Teasomble steps for the pr¢v¢Dtion and detection of fraud and other irre8ulwities. In so th¢ B04rd of Tn￿le¢S ij awaTe.' There ij no relqv•nt audit infOrn￿tIOn of which the ¢harity'y auditorj are unoware.. 8nd Th¢ Board of TTh￿teeS has uken ill the siepj thai it ought 10 hav¢ txkett to m￿t I￿lf awar¢ of any relevoni rLudit lttfonndiiotl *tLd to istnbllih fhat th• auditors are Aware of that i[Lto￿all0ll. On bets￿f ofthe truiteu, T R P S Nortoft- Trustrf T W GreerLwell- Truste¢ Independent audltors, report to the Trus¢a•s of Slr John Prlostman Charlty Trnst Oplnion We have audilrd the fiMncial siaietn¢nts of the Sir John Pri¢slmon Ch4rity Tru&1. for the year ettded 31 Dcc¢rnb¢r 2023 which Cotnprise the siaietnent of financial aGlivitie8. the b&San¢¢ sheet. the staiemeni of cuh flows and nore8 to the ftn4n¢¢al 8taiements, Including A summary of siBnificanl accouDlin8 policics. The finart¢ial reportin8 fr￿nework Ihat hos been Applied in IheiT PTBpdr&lion i5 applicablc law and Urtiied Kingdom Accouniing Sialldp￿, includin8 Financial ReportinB Standard 102. Th¢ Financial Reporting Standard applicable in the United Kingdom and Republic of Irelqnd (Unired Kingdom Gertertlly Acceptod Pracuce). In our opinion the fJnan¢ial ststcrnents.. give & true fair view of the $tst¢ of the Charity's affairs as at 31 Dcccmbcr 2023 and of its incoming resourceg and application of reiourr¢3 for th¢ y¢ar rhcn ended,. have be¢n properly prep#r¢d in ￿￿ordanCe with UrritEd Kin8dorn Generally Accepted A¢¢outtiirt8 Practice." &nd have be¢n prepared ill &¢¢ordatKc with tbe rwuirctnettts of th¢ Chwiiies Act 2011. BAilJ for oplnlon We conducitd our audit in accordanGe with International Stand8rd$ ott Auditing IUKI {ISAs UK) attd applicable law. Our r¢5ponsibiliiies undcr Ih05e stsndard5 are further describcd in lh¢ Audiior. regpoa51biliiicJ for the audit of the financial s(&ietncn15 SeCtIOD of our report. We are independent of th¢ Charity in accordanc¢ with the ethical requircm£nr5 that are relevant 10 our audit of the finyncial 5r4tsments in thc UK, includin8 the FRC'S Ethical Standard, ortd we have fulfillrd our other erhical responsibilities irt accord&nce wilh these reqtsir¢m¢nts, We believe thai the audit evidence we have obtaillcd is 5ufficieni &Dd 4PPTopriatc to Provide a basis for OUT opinion. Conclujlonj relatbn8 to 8olng totsrer In 4udilin8 the fiJJanEiAI stsl¢menis. we hav6 eon¢)ud¢d ihal the TNstees' use of th¢ Koin8 concern b48i¥ of accouiitin8 in the preparation of the financial sralemen18 1$ appropriat¢. Based on the work we h8ve peifornled. we hive not idenlificd any m8t¢ri&l uncertainiies rel8tin8 10 events orconditiotts that, individually oreolleclively, may casi significani doubt ort the Charity's ability lo coniinue 8 o going CODcern fora period of at Itast twelve months from whetl Ihg finaThci41 slttemeni$ are aythoris¢d for issue. Our r¢¥pon5ibilities and the respon5ibiliiies of the Tr￿tte$ with re$pe¢t tD going CODcern 4re de$cTibed in the relevant swtions of thi5 report Other IDfortll*tlon The othcr inforrnaiiort comprises the infoTtnation included in thc Trust¢c$' report other than the f￿anCIal Siaiemenls and our audiior'g report th¢re(kn. Th¢ TTusiees are responsible for th¢ other informaiion. OUT opinion on the financi&l slalements doe5 not cover Ihe other informaiiDn and we do not expr¢55 4ny forn) of as¥urance cunclu5iOT) thereon. In conttEcl)QD with our audii of the ftllaDri41 statements, our respollsibility 18 to Tead the other llJforn￿1ioll anit in do￿8 so. ¢on5idcr whelhEr the other infotinalion 15 matcrially incon5i5tent Wlth the financial statements or our knowledge obtained irt the audit or otheThvisc appears to be materi&lly mi55tatcd. If wc Idcntify such tnaterial incgn5k4tencies or apparent rnaterial rni5StAl¢tDents, we are requited lo deletttutte whether there is a maierial misst4*m¢nr in the financial st8temettts or a m&t¢n&l mjsstalemeni of the other infonnation. If, based on Ihe work we have perfornied, we conclude thai Iheie is a material rnisstalement of this oiher informaiioo, we are requtred to report th&1 fact. We have nDthitLg to r¢port in this reE#Td. Independent auditors, report to th¢ Truste•s of Sir John Prf•$tman Ch•rlty Trust Iconllnuadl M•tterg oll whkh TFe •r¢ requlrtd to report by ¢xcepiio We have nothing lo report in Tespecl of the following matters in relatiort 10 which Ihc Charities (Accounts Bnd Reports) Re8ulaiions 2008 requwe us to report to you if, in OUT opinion.. the informatioL Bivett in th¢ Trustees. report u in¢oosi$t¢nt any ￿terial respect with th¢ finatscial statements., or sufficient atcounling records tlave not b¢en k¢p¢.' or th¢ financial sraiemeniy are not in agreement with the accounting records: or wc h&vc not received èll th¢ information and expiaDatjon8 w¢ r¢4uir¢ for our audit. Rup)wibUltleJ of Trustees As cxplained more fvlly in the TNsl¢es' respottsibililie5 51alrTrenl set out on p48e 6. Ihe Trustees ire T•spen8ible for the preparation otihe flnancial stalvrn¢nts and for being satisfied Ihlll th¢y ¥iv¢ and fair view, And for such iniernAI control as the Trustees deiemiine 1$ necessary to enable the preporaiion of financial st*em¢ni$ ¢h&i 4re free from maieriAI tlli5St4Eemcnt, whether due to fraud or error. In preparin8 the f)n4n¢ial staiemetsis, the Tru51¢¢5 are responsible for isse88in8 the Ch&rity'5 Ibility to continue as a goin8 ¢0rt¢¢rn, di$closingb as applicable. mattern related lo going concern and u$in8 the SO￿8 £ortcf th¢ C￿TIll¢s Act 2011 and report irt accordan¢¢ with th¢ Act gnd relevant regulation$ m4dt orhaving effect thereunder. Ourobjcclives are to obtoin It￿Onable IJs5uranceaboutwheiher the financial siAt¢m¢llrs wholc are frce from material mi55tBtemenl. whether duc lo fraud or ¢rror, and Io issue an audtior's rep>rt thai includes out Op￿10n. lieason*ble lgsurance i% a hi8h level of &SSUTèn¢¢, but 1$ Do¢ a guaranl¢c that an audit Conducted irt Accordance with ISAS {UKI will Always d¢l¢cl a material misstatement when it exists. Misilal¢mrnts can arise from frgud or error are consideTed tnllleri&l if, individually OT in the ag8re88te, they Could reAgon4bly bc expected 10 influence the economic decisions ol users takert ort Ihe basi$ of th¢5¢ financial stalemenls. trregulariti¢8, in¢ludiLg fraud, are iL8tancc¥ of noll-compliance with i&ws and Te8uiation5. W¢ d¢5ig procedureg in line with our re5punsibiliiies, outliDed above, lo detect material rnis5tsremenis in [￿pect of irregu14rili¢s, including fraud. The ¢Kt¢Dt to which our procedures Are ￿Pable of d¢t¢cting irr¢gularitie5, Including fr¥ud 15 detailed below.. Based on OUT understanding ol the Charity, di5CUsJions wilh Trusiees who are those charged with 8overnance, we £ottsid¢rcd thai the most significant law8 Sod regulation5 that have a direct impact ott the rInan¢ial sutements are FRS 102, the Charities SORP IFRS 1021, the Chariti¢5 Act 2011 and UK iaxation l¢gi51aliotL. Ay part of the engagement team di5CU55ion Bboul the 5uscepribility of the Chartry'$ finattcisj ststem¢nts to InAteri&l rnigstatement due lo fraud, w¢ did not idcnllfy any artas with att increased risk. Our audit procedur¢s were de8igned to respond to identifled risk5. including rLOn-compliance laws and regulations attd ￿Ud, whi¢h may have a material effe¢1 tsn th¢ finan¢ial stBt¢ments. Our audit procedures cluded but were llot limit¢d to.. Independent auditors, report to the Tru$t¢e$ of Slr John Priostman Charlfy Trust l¢ontinugdl enquiry of the Trustees and Ttiwew of any r¢l¢vanr ¢off¢spond¢n¢e with 1¢881 advis¢rs regarding ajy inswJ¢c5 of DOll-compLiance with laws regulatio]Js And Ally aCtuRL suspecl¢d or alleged commutti¢dtUJ8 ideDrified laws and regulations and th¢ risks of fraud with OUT engagement team and remaining alert to any indication5 of non-compliance or fraud; gaining an Ut￿erstanding of th¢ int¢rnal ¢ontro15 ¢siablished to mitigate risks relarcd to fraud. examitiitt8 Supporting documents for all mateTial balances, trall￿tions and disclosures: review of the minu1¢5 of th¢ board of T￿$￿eS.. rcvicw of accourttfftg esiirnalcs for Trustee ovemde and bia$'. analyli¢il procedures lo identify any unusu41 tran5aclions', Jdentifyiug tr51ing journal eoiries. Owing to thc inherent limiiaiions of an audit. Ih¢rc li In unavoidable risk thai sorne material rni55laternents of the fLnan¢iAI st&letn¢nls may not be detected. even though the Rudil 15 pfopcrly plonned and performed in accordance with the ISA$ IUKI. The po￿nti&l ettc¢ts of ijthereni limitatiotts are particulllTlYJi￿ificanl in th¢case of misst8trmeal resulting from fraud because fraud involv¢ collusion, forgery. inieniioual otni5SLon$. misreprcscntatiorjs OT th¢ override of iniem81 ¢oatrol8. Th¢ prialary re8ponsibility for IheprevetttÈon and de￿¢tion of i￿¢S￿l8￿11eS ittcluditt8 frnud rests with th08t charged wilh Bovtrnan¢e. A further description of our r¢spon$ibilities for (he audit of the financial statemeoty is located on th¢ Financial Reporting Coun¢il'5 web511e at www.fr¢.or8.uklauditorsr¢$ponsibilit1¢5. This de5cripiion forn paff of our audLiof'B reporL U$¢ of the ludlt report Thi$ r¢port is mnd¢ solely to the Cbarity's Trustee$ as D body, in 4¢cordJn¢¢ with Part 4 of the Charitie$ IAc¢¢uois aud R￿OnSI R¢gulaiioD5 2008. Our Audit work ha5 b¢¢u UDdenllk¢tL so th41 we might 51are to th¢ TLUYt¢CS those matters we are required 10 5tAte to them in an illdepettdeot auditots, ieport foi tto other purpo$e. To the fu11¢5t extcnt p¢rmitie¢] by law, we do noi accept or 4sume respousibility lo gnyotle otbcrthan the CharitygttdCharity'$TnLSt¢¢S &5 i body, forour4udit work. for Ibis report, orfor the¢psnioDs w¢ bav¢ fonned Arm*tTOTrg WatsoTr Audlt Ljmlted One Strawb¢ry Lane Newcastle upon Tynq NEI 4BX Date. Zoi* Arn51rong Walson Audii Limited is eli8ible for &ppoinlmenl as audilor of the Charity by virwe of its ell￿bilIty for appoinlmeDi as 8udiior undeT Section 1212 of the Co[np￿1C5 Act 2006. Sir John Priestman Charfty Trust Statement of financlal activities lor th• yow ond•d 31 D•e•mb•r 2023 Incorne Cqpitsl Accoun¢ Note 2Q23 2022 INCOMEFROM.. Income from UK lDve8tm￿ts Jts¢ome from fo￿18￿ inv¢stsn¢tLts HSBC b4llk interest 348.374 191,89S 1,007 348.374 191.89S 1.007 362.933 1342S9 Total 341,276 541,276 497.192 EXPEIVDITLIUON.. tnvutm¢nt llJana8em¢ni cosrs Cha￿labIta¢$IYII¥￿- Grnnts payable in fvrthlT￿c¢ of ¢barity's objcctives Support of ¢lL￿1￿bIg a¢tivitles 45,456 45,456 45.721 579.J6J 51,222 579.565 51,222 417,550 49,049 To¢•1 •xptDdlturt 676,243 676.243 512.320 Net (expendltsjrel I In¢ome Il34.9671 (134,9671 (15,128) Net Oos##l I galll$ Invutm¢n Realised Ilosse8118iills on of fixed Auet investmetlty UnreAli$ed11053eyl 18&ins oll fixed •s¥et EllVC$tM￿I$ (31.3181 131,3181 {1382541 7,889 591,208 599,097 {1.1&),880) TrAnrfer betrveeD fvJdi Net movemeot lu fundi In yeAr Totsl fiwd5 brou8bt forwud {127.0781 599.890 432.812 11,314,262) 471,599 14,759,207 15.230,806 16,545,068 Total fuadi carrkd forward J44.521 15,319,097 15,663,618 13.250,806 A]1 a¢dvities ar¢ ¢ofttinuiJ)R. 10 Sir John Prleslman Charity Trust Balance sheet at 31 D•cornbor 2023 2023 2022 Notes JnvcuDnents 4 15,512,933 14.929,956 C*rr¢wt￿Url DcbEors Short (c￿ deposits Cuh &¢ b4nk 134 12,810 293,674 38,339 119,494 177.833 Il7.L481 306.618 15,768) Cr•4ts•TJ.' all￿ts fAllinR withill oue yeor 160,685 JOO,850 {10,(x)01 15.663.618 15230,806 CAPLt41 fiJttd8 8 15,319.097 14,759207 tn¢om¢ fvmth unr￿trICt￿l 344,521 471,599 15,663.618 15230,806 Approvedby the Board of Tnthes ou . and Sign￿9￿ b¢bilf by.. RP S Norton-TnJst¢¢ T W Gre¢nwBII- TTuJlee Sir John Priestman Charity TTUSt Statement of cash flows at 31 D•c•mber 2023 2023 2022 Noi Cllih flovrd frfym op¢rNthi •ctlvlttei JV•¢e¢th &i¢dth •p¢ralins 4¢(Ivltles 10 {654.729) (S242231 C*sh flo￿ fr•m IDvt8tl¥ &ttJvltle5". Dividelld8 and inteTeSt from invt¥tsneDts Proce¢ds from Y￿e of llivwtrD¢Dts PuTcb&5e of inve8tmetsts 541.276 497.192 201,252 884.146 1365,282) 1723,1321 NIt¢Ashpr•￿bY optrrfdn¥Art4vlrt 377.246 658206 Cb•nge ID t41h and