HONOURABLE SOCIETY OF
KNIGHTS OF THF. ROUND TABLE
BEf4LVOLENT FUND
FIIYANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page I
Index
Page 2
Trustees and Advlse
P•%u 3- 4 Trus¢ees' Report
Page S
Independen¢ Ei*mln¢r'$ R¢w)rt
Page 6
S¢atemeAt of FiAanclal Actlvitlej
P*ge 7
BAJ•n¢¢ Sheet
P#8es &IO Notfs to lh¢ Flnancl*l St*itments

HONOURABLE SOCIETY OF KYJGHTS OF THE ROUND TABLE
BEYEVOLENT FUND
Re￿ieY*d Chxrlty 212117
TRUSTEES DUIU)I G 2024
Th¢ Trnttts of¢h¢ Cbarlty Art ib¢ JTr¢mbrr4 of
Ch*pier otihe Sotlety
Knryhl Pr*shI￿1
Adrnira] the Loftl ￿,£51 of Spiihc&l GCB DSC
Deputy Kn•Ehi PrnSdeBt
P W T Wilkins MBE KU FRSA
M¢*bévJ *•d Trnstrti
DIIA Jone5 FRC
A T Llorke
T Philp fRCS
C P l. Mark¢ FCA
D C)r8hamc OBE
P W T Wilkins MBE kLJ FRSA
A G Willenbruch MA FIi8A LEng FIMMM
BAliKF.RS
Nwional Westmin#eT Bank PIC
I Ilaiton CJxrd¢n
London b.L IP IDU
HSBC Bank Pl¢
123 C1kni￿n. IAnL'
WC2A IQH
INDEPENDENTEXAMI.YERS
Pery5 Audii Limii¢d
Charttred A¢countsnis
Qhurchdown LhamiKYs
BoTd%ke
TonbTidKe
K￿1 TN9 INR

HONOURABLE SOCIETY OF K)IGHTS OF THE ROUND TABLE
BENEVOLE￿ FiiND
TRUSTEESI REPORT
The Trnstccs present their report and Fir4n¢i41 Statements for the yegr ended 31 Dwiber 2024.
l. Obloetivtt A¢tivitit*
Th¢ objective of th¢ Fund is the proYi$ion ofaward5. exhibitlons. special Priz￿ bursaries gnd
scholarships for the purpose of ¢duc￿lOn and training. The TTUStets meei three times a y
to approve the Fin4n¢ial Ststemcnts and consider the level of aw&rds Rcommended by a subp¢ommittee.
The Trustees hold 3 numter of dinners each year at which a￿arde¢S we able io meet members
of g number of professiorts who may be able io help them in ¢h¢ir future carvr.
The Fund is r¢8isiered with the Chariiy Commission, registration nwnber 212217.
2. A£hl¢v¢rntttts A*d Fio•ffjcl*l Rtvlew
The results for the y¢ar ar¢ shown on page 6.
lThe'l rustces hav¢ continu¢d io make grant5 in furtherance of the Fund's Obj￿¢1¥¢$. In the year
8ranis iotallin8 £54.750 were rnade12023- £48.2501. The Trustees continued to introduc¢ new Knight$
and to en¢oura8¢ all Kni8hts to lake advantage of Gift Aid in crfder to rnaintain cbaritybl¢ donations
to th¢ rnayimum.
The ￿ndS of the Charity ww¢ £178.357 at the end of ihe ye&rf2023: £191.582)
Th¢'fnJstee5 ?r¢ $8tisfJed wilh the stst¢ of ihe C'harity's affairs.
3. Truslets •nd Advlsery
These are shown on pa¥e.
4. livestrntnt Polley
The Tru$t¢¢$ rely on thc invtstsneni man¥8¢rnent of COIF and M&G io provide bAlan¢¢d investment
risk. In 2009. the Trustees made a gencral ￿VieW of the Fund'5 investment policy in the light of th¢
turbuleftt finan¢ial conditions and w¢re ￿l$fied ihai th¢ $thiu5 quo should be rngintained.
S. ReJerv# Poliry
The Trn$i¢¢s fe8aTd the unre.Slrided fund as a fund to proi'ide rncome io m¢¢t the Fund's obje¢tives and,
alihough they could have recourse to LL they do not ini¢nd ￿ do so. Li4uid fvnds I￿ rrtained to ¢nsure
that they available for current years, 8ranis.
Coo%U14111•D. Stnictsre. Goi•rnattte and M44A%emeat
The Knights of the Round Table Benevolent Fund established on 29 February 1992 UTKler A
Declaration of Trust emblishing th¢ Fund &$ a ¢harithblc tn￿t.
The Fund wa5 Created by ¢¢nain members of the Honourable SLKiety of Kni8ht5 of th¢
Round Table (a company limit¢d by 8uarant¢c Yo.. 829635) in ord¢r to fomialise the
¢h•xithble a¢tiviiies thinistrrcd by the kKiety for w least the pmious years.
Appointm¢ul Ind r¢ernitmeDt oftrmiteos
Wien appointing Trustees. a¢¢ount must be tak¢n of skill. knowledge and the exwien¢¢ needed for
the ¢ffectiY¢ admini51ration of the organisarion.
On th¢ir appoin(m¢nL new tN5iees will be given a ¢opy of the eurrem version of the Consiitution
and a copy of the laiest annual Report and slatement of accoynts.
A Trustee shall manage lh¢ affairs of the Charity by performing his OT her fiyK1ions in the way he or she
decide$, in good faith, would be most likety to furthèr the purposes of Ihe organi58tion.
They should exercise such care and skill as is reasonable in the circum$tanGes. in particular,
regarding any special knowledge or experience that she or he has.

HONOURABLE ￿￿IETy OF KYIGHTS OF THE ROUND TABLE
BENEVOLEYT FUND
TRUSTEES. REPORT
For the ye*r ended 31 De¢emb¢r 2024
7. Risk M*n•getntnt
The Trustees have ex2min¢d lh¢ major strategic busiDes$ and other 0￿￿tional risks which the Fund
fa¢¢s and confinn thai they have taken 51eps ID miligaie ilw risk5 as far as possible. There ar¢ regular
meetings of the TruM¢cs io keep risk urtder const8nt r¢view.
& Publlc B¢rtefit
In meetin8 the objeciives th¢ TNstees have given ¢areful considerntion ￿ the Lh8rity Commission's
gener&1 guidan¢¢ on publi¢ ben¢fit 8nd judge that all donations made meei thi5 guidance.
9. Trnjtees. respomib511¢iu In rel*tion to tht fith*n¢iAI stsiemen
The charity trustCC5 ￿ resw)rtsible for preporin8 a wustces. ￿nUal retK)rt aThd financial ststemenL4
in accordance wilh applicable law and Uni*d Kingdom Accoulliin8 Swthrds IUDited Kingdom
Gmernlly Accepted A￿￿￿[ing Pra£iice}.
Th¢ law ￿quiT¢s th¢ charity trusiees io prepare fin￿CIal $1o*ments for each ye8r which give a true
and fair view ofthe $4ie of affairs of ihe charithble company and of ihe In￿Min8 re50UTC¢S
appli¢*ion of resourcc5. including the income wd expendilllre. ofthe ¢haritable ¢ompany for that
Period. In preparin8 the fJnanci41 siat¢meTh15. the Iru51ces are rtquirtd 10..
• selefyt 5uiiable accouniiDg ￿11¢1¢& and Ihen gpply ihcm con51$ie￿ly.
observe the m¢tbod5 and principles in the Charities SORP-
• make jud¥emen15 and ¢slbm8tes thai are re850nable PTydeni-
stale whether appli¢able UK accoun(ill8 Stand4rd5 have bccn followed, subjea 10 •iy
material departure5 disclos￿ and ¢xplain¢d in the fina￿101 sthtemthts:
prepaff the fID￿clAI swements on the going con¢em basis unless it 15 inapprnpriate to p￿SUm¢
th•t the ¢harit)' will continue in business.
The iru5tee5 ar¢ reswnsible for keeping pyoper wowrting rEco￿9 that disc105e with rewnable
accuraq at Iny time the finxThLial p)5ition of ihe ch￿lY and to enable them to ensyre th￿ lh¢
financi￿ staMi¢nts comply with the Companies 2006. They arr also responsible for
f¢guardinB thc a55¢ts of the charity and ihe 8roup and hence taking r¢&sottable steps for the
pr¢%'cniion and ddection of fraud and oiher irre8ul8Tiiies.
Th¢ tnistees are responsible for ihe mainienance and inwity of the and finAn¢i
iThfornBtion includcd on th¢ charitable company's websile. Legislation in the United Kingdom
goveminR the preparntion and disseminBiion of financial $￿teMents may diffeT from leBi51aiion in
oiher jurisdiction5.
CPL M*Tke FCA
Knight Treasurer
Trustee
P.Wilkins MBE KU FRSA
Deputy Knighi President
Trustcc

IINDEPENDENT EXAMIIYER'S REPORT TO THE TRL.STEES OF THE
HOiYOURABLE SOCIETY OF IL%IGHTÈi OF THE ROUND TABLE
BE)EV0LE￿T f b',YD
Indep¢Jtdéot u•ml*er's report to Ibe Irystres of Tr¢ HMouT•bk Sotl¢ty of Knlgbts of tke Round Table.
I report to the In￿1￿$ on my exami1￿tIort of the accounts of ThE Honourable Society of Knights of the Rourhd
Table Iihe Charity) for the year enthd 31 D¢￿t￿b¢r 2024 which we set out on poges 6 to 10.
Regpo•4bllltks •nd b￿1$ of rtptsrt
As thc Ch8Titys Irust¢es you are responsible for the pTtPthliOD of lh¢ accounis in xcordance with the
requiremcnis of the Charities Ath 2011 I'the Act.). I report in of my eKarnin*ion of the Charity'5 A¢counts
carried oui under s¢aion 143 of the ?01 l A¢1 and in Carryin8 Ollt rny examindioTh I have followed •ll the ¥pplicable
Direttion$ wven by the Charity Commission under s¢¢lic￿ l45(5Xbl of the Aa.
Ind¢ptNd¢D¢ ¢x*mlther'1 gt•ttme*t
I have completed my examination. l eonfim no mattri81 mau¢rs have ¢om¢ w my att¢ntion in eonnertion with
th¢ txaminatioii giving me cause to believ¢ that in afty mawial res￿..
l. &c¢fjunting records were noi kepi ID re5W of the Charity ¥ WUiTtd by gedi¢Jrt 130 of th¢ Act: or
. the ¥¢¢ounls do noi %cord with those records.
j. the gwounls do not wmpl} with the applicable r¢quiremen15 concerning th¢ forn] and content of
accounls set out in th¢ Charili¢5 (Accounls and Rcporfsl Regulation$ 2008 other than any requlrement
that the a¢¢ounts give a'm* and f4ir view whi¢h is not a m*ter considered 85 pan of an ipd¢pend¢nt
examination.
I have no concerns ppd have ¢(ffie *cT05s no thher m•ttUS in conne￿10n wlth the ex•tAin8tion to which attention
should b¢ drawi ift this report in order to en•ble a proper wthtsndin8 of the I¢￿￿nts io k ￿4¢h¢d,
ephen H•k FCA FCCA
Perry$ Audit l.lrnlted
c.hartered AceouDtsnts
Churthdown ChAmbe
Bwdyke
Tottbdd
TN9 INR
Date:

HONOURABLE SOCIETY OF KNICHTS OF THE ROUND TABLE
BENEVOLENT FbTrD
STATEMENT OF FINAIYCIAL ACTIVITIES
For the year ended 31 Deeember 2024
UDresiYi¢ted Resir6¢ted
Fyttd
Fund I
2024
2024
Total
Ullrtstrlct¢d
Fund
2023
2024
Nole
INCOMF. AND EliDQWMENTh FROM
Donations and L¢gaci¢5
tnvesllnents
33.515
7.263
40.778
33,513
7.263
40,778
34.832
7,578
42,410
TOTAL
EXPEIYDITURE ON
Charitabl¢ AcuvitL¢S
(3)
59,000
51x1
59.500
52.250
TOTAL
59.((#)
500
59,51X)
52,230
(18.222)
(s￿)
(18.722)
(9,840)
Net GainsllL055es) on InvestsnenLS
(4J)
5,497
5.497
15,895
Net In¢om¢/{Expendlturé}
(12.72S)
(3Crt)I
(13,2251
6.05S
Net Movement ID Funds
(12,7251
(5001 (13,225)
ReeoDelllAtlon of Funds:
Total Funds brought forward
182,082
9,5
191,582
185,527
Total Funds ¢•rrf¢d forward
(8)
£169.357
£9.0￿ £178.357
£191.58?
The n*xes on pa8¢s 8 tolo fornj wt of these Financial Ststem¢n

HONOURABLE SOCIETY OF ￿NIGHT5 OF TIIE ROUND TABLE
BENEVOLEYT
I%OTES TO THE FIN￿Yc1AL STATEMENTS
For th¢ yegr ended 31 Deeember 21J24
I. ACCOUYTING POLICIF,S
(i) B*sig of preparation and ajseMmeDI of goillg tonce
Th¢ fin4ncial 51atements have been prepared in accordance with the Ststcmeni of RKommMded
Praciic¢'. A¢¢ouniing and Reportin8 by Chariti¢S preparing their accounts in 4c¢ordgnce with the
Financial Reporting Stsndwd applicable irt the LK and Xepublic ot"Ireland (FKS IU2) Issued on
16 July 2014 and tht Financial RekN)ning standa￿ applicable in the Lniied Kingdom and
Republic of Ireland ITrRS 102) the Charitie5 knt 2011.
The trusttts consider ihat there are no material unc¢rtainti¢s lix)￿ the Tntst's abiliry io continue
as a going concern- see also Note 10.
(li) IDcome tAX
The Benevolent Fund is oble to recover income tax on 8ift aid donations. Credit 1$ tsk¢n for
in¢ome tAx rttoyerable in the ve4r in which it is due.
liiil In¢oth¢ ret￿mIlIOn
Income is r¢¢o8nised once Ihe charity has entitlemeni to the iT￿Orne, it is probabl¢ thai the
in¢om¢ will be received ftnd ihe amouni of income be measured reliably.
(ii.) Expenditure r¥Yo8llltioa
l.iabilities are recognised Bs expenditur¢ Hs swn &$ i￿￿[C is a legal or constnKiive obligati¢)n
¢ommitting the Fund to that exp¢nditurt. it is probabl¢ that settlemeni will be required and
the amount of obligation be measur¢d r¢li•bly.
(tr) AllocshtloD of go￿¢rnI￿¢¢ ¢M¢s
(yovernanc¢ co%t5 haNe b¢en 8lloc4trd to ¢haritsbl¢ &¢tivitt¢s in fvll.
(vil C.'baritable atdvltlEJ
Charitable activilies include 8Tans made. COSIS of the dinner for re¢ipients of th¢ gwwds and
80vemanee co49.
(vil} RtAllvd ffalng •Dd lojs
All 8ains And10$5¢3 ue taken io (he Siat¢m¢nis of Financial Arriwiiie5 (SOFA) as they arise.
Realised 88ins and losses on investmenis are ￿l¢Uld1¢d as the difference Sales proceeds
ond their opening ¢wing v8luf or purchase value. Lnreslisod gains and losses are calculate4J
as the difference between the fair value 91 th¢ year end and their ¢win8 value. Rea]is¢d and
unr¢dised investsnent 8ains gnd losses gre combined in th¢ SOFA.
2. TRUSTEES, RF.ML'NERATIOY AND EXPEYSES
TNs¢e¢s re¢eiv¢ no ￿MUn¢raI10n or rKprns¢5 for i￿lT %Trltts.
3. AliALYSISOFCHARITABLE AcfiviTIES
U•rnsirlded Rostrieted
F¥Ad
Fund A
2(124
2024
Tot*l
Tot*]
2024
2023
Dinn¢r guests
Awards- guLeral
Independent examin¢rfs fcc
3.350
54.250
1.400
£59,1)00
3.350
54.750
1.400
£59,500
3,000
48250
5fy)
£500
£52,250

HONOURABLE SOCIET), OF ILIICHTS OF THE ROLND TABLE
BEliEVOLEliT FL?*D
OTES TO TIIE FIYAliCIAL STATEMEN15 COYTD
For the yur ended 31 Dtttmber 2014
4, RECONCILIATION OF MARKET VALUE OF INVESTMENTS UDrestActed
F•Dd
2024
U￿re￿riCted
Fulld
2023
Markct Valuc ol inb'esuncnts ai l January 2024
Disp05als
R¢ali8¢d Gains
unrealisu11105sesy8ain
210.b2v
117.5(M)I
623
4.874
214,72)
120.DOOI
22
15.873
Markd Y￿￿¢ ofiDvesThienu8 8131 December ￿24
£198.617
£210.620
5. RECONCILIATION OF CAINSI{LO&SESI ON ViYVESTMENTS lJttrestri¢ttd
Fund
2024
Unresirlet¢d
Fund
2023
Unre4lised gains
Realised ￿1￿5
Total nei 8&in5
4.874
623
£5.497
15,873
22
£15.895
& DEBTOK8
Unrejtrkted
Unmtrl¢ted
2024
2023
Awards paid in 8dvan¢e
Amouni due frurn Limiicil Ccffipan)
14.5(M)
17,271
£31,771
6.5(K
11.454
£17.954
7. CREDITOIL
Uorestrte¢ed
Futtd
2024
Uirestrleted
2023
Awards
54.730
1.530
54,230
1.250
& ANALYSISOF FUND MOVEME.YTS
Ullrestrktel R¢Mrkt¢d Tot•1
F￿0￿
Food I
2024
2024
TotAI
2924
2023
Bddnc¢ at l J￿Uary 21i24
Income
Expenditure
GAin5
B8]Qn￿ at 3 1 December 2024
182.tJ82
40.778
(59,(KXII
5.497
£169.357
9.)(￿1
lyl,582
40.778
{59.500)
5.497
£178.357
18i.i27
42,410
(52250
15,895
£191.582
Is(M)}
£9.(KK)
R¢stri¢trd Fund I w&$ created for HMS Dash¢r to aid their WM)rk with yLTrullB teople.

io
HONOURABLE SOCIETI. OF KNVGIITS OF THk RO[[￿D TABL
BE5E￿.0LEIT blThD
.WOTES TO THE FIYANCL4L sfATEME.%TS CONT.
For the yt*r¢Aded JI Dtte*ber 2024
ALISJS OF Fir￿￿.m0￿￿MEVls co1￿ tNI"ED
CoMp4rn￿￿
2023
TQ*tTlttrO R¢¥tritttd
Fund
F•Ad I
Xt23
Totsl
B8]ance ￿ l JaThts￿ 202J
Intixn¢
EX￿￿dil￿re
ILos¥esyGatns
Ba1￿ce ai 3 l De¢cmE¢r 2023
180.527
37.410
fS1.7501
15.895
£182.082
155,527
41410
lJ2.2501
15.895
£191,582
(J(K)
£9.5
9. SCHEDULL OF INVLSTMENTS
l!•rntrkted
Fu•d
Holdl•p ai 1.1.24
Cg$1
Il•tdlAp At JJ.1124
Market
Ilnlts
Co
COIF chn.iieg
F.thical Inv¢stmenr Fund
in¢om¢ uniis
s7.2￿1
16¥.586
13.7331
11&8971
51.407
JS1.688
159.167
4,832
M&G Lhtiritbnd
iffonic units
2.679
30.1
2.679
30.
39.450
Tothl
£198.586
116.8971
£181,688
£198.617
£7,263
10. GOIING CONC.ffi.'I&N
In ￿51Th￿ lkn Trund's Bbility to CODiitiue ￿ 4 winlcontern, Tru5*rt consithred its liquidity rA￿ll￿)n.
The Fund has a si¥nific4ni inYestm¢nl kK¥tfolM> TO dAw yTr)¢L whirh wild be ivgilabk 10 its cash flow T¢qui￿m￿ts.
For thi5 reayon. thc TnL8tets FKli¢ve li is 8prknprj￿e t¢J to th¢ BOin8 I￿13 jft pryori
the￿ accouijts.