2024-12-31-accounts

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Charity number:212536

NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Unaudited

Trustees' report and financial statements

for the year ended 31 December 2024

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Contents

	Page
Reference and administrative details of the Charity, its Trustees and advisers	1
Trustees' report	2 - 4
Independent examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the financial statements	8 - 16

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Reference and administrative details of the Charity, its Trustees and advisers for the year ended 31 December 2024

Trustees	C.N.Cullen, Chairman
	J.Ramsden
	J.C.Foxon
	A.King
	D. Huxley
	L. Clifford
	Rev. C. Ford
	V. Stanton
Charity registered number 212536 Principal office PO Box 11228 Nottingham Nottinghamshire NG14 6YY Accountants PKF Smith Cooper Limited 2 Lace Market Square Nottingham NG1 1PB Bankers Barclays Bank Plc 2 High Street Nottingham NG1 2EN Stockbrokers RBC Brewin Dolphin Waterfront House Waterfront Plaza 35 Station Street Nottingham NG2 3DQ

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Trustees' report for the year ended 31 December 2024

The Trustees present their annual report together with the financial statements of the Nottingham Gordon Memorial Trust For Boys and Girls for the period 1 January 2024 to 31 December 2024.

Objectives and activities

a. Policies and objectives

The objects of the Trust are to promote education for, and to relieve need of, young people within the Nottingham area.

b. Activities undertaken to achieve objectives

This objective is achieved by the payment of grants to individuals, or organisations, who meet the above criteria.

c. Main activities undertaken to further the Charity's purposes for the public benefit

The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing their aims and objectives and in planning their future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.

Achievements and performance

a. Main achievements of the Charity

This year the Trustees considered 57 applications received during the year, compared to 40 the previous year. Funds were allocated between educational grants and relief in need grants.

A number of single parent families have been assisted in re-building their lives after relationship breakdowns and fleeing domestic violence, as well as families on low income, who are unable to afford essential household items. Grants for essential household items such as cookers, washing machines, fridges and beds were made.

However, the number of these types of applications have not increased back to pre-pandemic numbers, and the majority of grants this year were made to organisations to benefit a number of individuals.

£1,622 has been spent on educational grants to assist a number of students with the cost of education. £16,258 has been awarded to organisations in order to assist a number of individuals. £5,345 was paid to assist individuals in financial needs

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Financial Review

Grants made have decreased from £28,476 in 2023 to £23,225 in the year. Unrealised gains on the charity's investment portfolio amount to £107,452 (2023: £82,553 unrealised gain).

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Trustees' report (continued) for the year ended 31 December 2024

c. Principal Funding Source

Income is generated from the Trust's investments and bank deposits, which are held specifically, to provide income to enable charitable grants to be made.

d. Reserves policy

The Trustees have established a policy whereby the unrestricted general funds not committed should be invested in interest-bearing bank accounts or other income-generating form until required by the charity. The Trustees endeavour to ensure that enough funds are held in reserve to be able to continue the present level of activity for liabilities arising in the event of the charity ceasing to exist. Investments held are designated for the purpose of earning income, from which the annual grants and expenditure are to be met.

Structure, governance and management

a. Methods of appointment or election of Trustees

There may be appointed up to ten Trustees, each of whom should live or work in, or otherwise have special knowledge of, the city of Nottingham. Trustees are appointed for a term of five years.

b. Governing Document

The organisation is a charitable trust set up by a declaration of trust, dated 9 February 1904. The Trust is administered by a scheme approved by the Charity Commission, dated 9 July 1976.

c. Organisational structure and decision making

The Trustees meet three times a year and are responsible for the strategic direction and policy of the charity. The Trustees are from a variety of professional backgrounds relevant to the needs and work of the charity. Management of the charity's investments is delegated to a firm of stockbrokers, within a framework set by the Trustees, to provide both income for the current year and growth for the future. The ongoing administration of the charity is delegated to the clerk to the Trustees, A Chandler, who is appointed by the Trustees.

d. Risk Management

The Trustees have conducted a review of the major risks to which the charity is exposed. Risks are minimised by the delegation of management and administrative tasks to appropriate professionals.

Future Strategy

The charity plans continuing the activities as outlined above in the forthcoming years.

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Trustees' report (continued) for the year ended 31 December 2024

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles of the Charities SORP (FRS 102);

• make judgments and accounting estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

C N Cullen Chair of Trustees Date: 6/8/2025

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Independent examiner's report

for the year ended 31 December 2024

Independent examiner's report to the Trustees of Nottingham Gordon Memorial Trust For Boys and Girls ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2024.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 6/8/2025 J Stringer Chartered Accountant

PKF Smith Cooper Limited 2 Lace Market Square Nottingham NG1 1PB

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Statement of financial activities for the year ended 31 December 2024

Note Income from: Investments 2 Total income Expenditure on: Investment management 3 Charitable activities 5 Total expenditure Net income/(expenditure) before net gains/(losses) on investments Net gains on investments Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2024 £ 38,057 38,057 9,241 31,252 40,493 (2,436) 109,277 106,841 1,522,416 106,841 1,629,257	Total funds 2024 £ 38,057 38,057 9,241 31,252 40,493 (2,436) 109,277 106,841 1,522,416 106,841 1,629,257	Total funds 2023 £ 34,965 34,965 9,860 34,291 44,151 (9,186) 88,310 79,124 1,443,292 79,124 1,522,416

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 8 to 16 form part of these financial statements.

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Balance sheet as at 31 December 2024

Note Fixed assets Investments 10 Current assets Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Total net assets Charity funds Restricted funds 13 Unrestricted funds 13 Total funds	4,065 51,330 55,395 (4,477)	2024 £ 1,578,339 1,578,339 50,918 1,629,257 1,629,257 - 1,629,257 1,629,257	4,180 40,384 44,564 (5,346)	2023 £ 1,483,198
				1,483,198 39,218
				1,522,416
				1,522,416
				- 1,522,416
				1,522,416

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

C N Cullen Chair of Trustees

Date: 6 August 2025

The notes on pages 8 to 16 form part of these financial statements.

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Notes to the financial statements for the year ended 31 December 2024

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Nottingham Gordon Memorial Trust For Boys and Girls meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are presented in sterling, which is the functional currency of the Charity, and rounded to the nearest £1.

1.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Income from investment represents dividends received during the year.

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Support costs comprise all expenditure arising during the running of the Charity.

Charitable activities and Governance costs are costs incurred on the Charity's educational operations, including support costs relating to the governance of the charity apportioned to charitable activities.

Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.

Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitable activities and Governance costs are costs incurred on the Charity's operations, including support costs and costs relating to the governance of the Charity apportioned to charitable activities.

1.4 Taxation

The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1998 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Notes to the financial statements for the year ended 31 December 2024

1. Accounting policies (continued)

1.5 Investments

Investments are stated at their valuation on the Balance Sheet date provided by the Charity's stockbrokers. Realised and unrealised gains on investments are reflected in the Statement of Financial Activities.

1.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

1.9 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.10 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

1.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Notes to the financial statements for the year ended 31 December 2024

2. Investment income

Income from listed investments Total 2023 Investment management costs Investment management fees Total 2023 Analysis of grants Grants Total 2023	Unrestricted funds 2024 Total funds 2024 Total funds 2023 £ £ £ 38,057 38,057 34,965 34,965 34,965 Unrestricted funds 2024 Total funds 2024 Total funds 2023 £ £ £ 9,241 9,241 9,860 9,860 9,860 Grants to Organisations 2024 Grants to Individuals 2024 Total funds 2024 Total funds 2023 £ £ £ £ 16,258 6,967 23,225 28,476 23,455 5,021 28,476

3. Investment management costs

4. Analysis of grants

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Notes to the financial statements for the year ended 31 December 2024

4. Analysis of grants (continued)

This year the Trustees considered 57 applications received during the year, compared to 40 in the previous year.

Funds were allocated between educational grants and relief in need grants.

A number of single parent families have been assisted in re-building their lives after relationship breakdowns and fleeing domestic violence, as well as families on low income, who are unable to afford essential household items. Grants for essential household items such as cookers, washing machines, fridges and beds were made.

However, the number of these types of applications have not increased back to pre-pandemic numbers, and the majority of grants this year were made to organisations to benefit a number of individuals.

£1,622 has been spent on educational grants to assist a number of students with the cost of education. £16,258 has been awarded to organisations in order to assist a number of individuals. £5,345 was paid to assist individuals in financial needs.

Major donations (£500 and over) made during the year ended 31 December 2024:

• £500 to Stathern Children’s Holiday Fund for residential summer trips

• £1,000 to 28th Parkdale Brownies for rent

• £500 to a named individual for training and swimming with Team England and Olympic trials

• £2,000 to a named individual for Junior Elite Gymnastics and British Gymnastic Championships

• £2,000 to Walesby Forest for an all-terrain wheelchair

• £2,500 to Benedetti Foundation for a musical education project in Nottingham

• £3,000 to named individuals to boarding fees at Tring Park School

• £2,000 to 2nd Bramcote Scout Group for a disabled toilet

• £2,500 to Bulwell United Reformed Church for a family worker, events and activities

• £500 to Bags of Blessings for Christmas gifts to children

5. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted funds 2024 £ Grants 23,225 Support costs 8,027 31,252 Total 2023 34,291	Total 2024 £ 23,225 8,027 31,252 34,291	Total 2023 £ 28,476 5,815
		34,291

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Notes to the financial statements for the year ended 31 December 2024

6. Analysis of expenditure by activities

Grants Support costs Total 2023	Grant funding of activities 2024 £ 23,225 - 23,225 28,476	Support costs 2024 £ - 8,027 8,027 5,815	Total funds 2024 £ 23,225 8,027 31,252 34,291	Total funds 2023 £ 28,476 5,815
				34,291

Analysis of support costs

Clerk's fees Sundry Governance costs	Total funds 2024 £ 5,483 - 2,544 8,027	Total funds 2023 £ 5,166 91 558
		5,815

7. Independent examiner's remuneration

	2024	2023
	£	£
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts	2,544	2,316

8. Employees

The charity has no employees.

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Notes to the financial statements for the year ended 31 December 2024

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .

During the year ended 31 December 2024, no Trustee expenses have been incurred (2023 - £NIL) .

10. Fixed asset investments

Cost or valuation At 1 January 2024 Additions Disposals Revaluations At 31 December 2024	Listed securities £ 1,483,199 217,470 (231,607) 109,277
	1,578,339

The investment additions and disposals are net of investment management fees of £10,314 (2023: £9,860).

The net gains of £109,277 (2023: £88,310 gain) in investments per the SOFA consist of £107,452 unrealised gains (2023: £82,553 unrealised gains) and £1,825 realised gains (2023: £5,757 realised gains).

All fixed asset investments are held in the UK.

11. Debtors

Investment income receivable 12. Creditors: Amounts falling due within one year Accruals and deferred income	2024 £ 4,065 2024 £ 4,477	2023 £ 4,180
		2023 £ 5,346

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Notes to the financial statements for the year ended 31 December 2024

13. Statement of funds

Statement of funds - current year

Unrestricted funds Designated funds Designated Funds - all funds General funds Other General Funds Total Unrestricted funds	Balance at 1 January 2024 £ 1,252,405 270,011 1,522,416	Income £ - 38,057 38,057	Expenditure £ - (40,493) (40,493)	Gains/ (Losses) £ - 109,277 109,277	Balance at 31 December 2024 £ 1,252,405
					376,852
					1,629,257

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Notes to the financial statements for the year ended 31 December 2024

13. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds Designated funds Designated Funds - all funds General funds Other General Funds Unallocated amounts Total Unrestricted funds	Balance at 1 January 2023 £ 1,252,405 190,887 - 190,887 1,443,292	Income £ - 34,965 - 34,965 34,965	Expenditure £ - 44,151 (88,302) (44,151) (44,151)	Gains/ (Losses) £ - 88,310 - 88,310 88,310	Balance at 31 December 2023 £ 1,252,405 358,313 (88,302) 270,011 1,522,416

The designated fund compromises investments which are held for the purpose of earning income, from which the annual grants and expenditure are met.

14. Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted funds 2024 £ Fixed asset investments 1,578,339 Current assets 55,395 Creditors due within one year (4,477) Total 1,629,257	Total funds 2024 £ 1,578,339 55,395 (4,477) 1,629,257

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Notes to the financial statements for the year ended 31 December 2024

14. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior period

Fixed asset investments Current assets Creditors due within one year Total	Unrestricted funds 2023 £ 1,483,198 44,564 (5,346) 1,522,416	Total funds 2023 £ 1,483,198 44,564 (5,346) 1,522,416

15. Pension commitments

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £NIL (2023: £83). Contributions totalling £NIL (2023: £NIL) were payable to the fund at the balance sheet date.

16. Related party transactions

There are no related party transactions requiring disclosure.

Key management personel received remuneration of £NIL (2023: £NIL).

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NOTTINGHAM GORDON MEMORIAL TRUST FOR BOYS AND GIRLS

Chairman: Nigel Cullen, O.B.E. T.D. D.L.

All correspondence to the Clerk to the Trustees:

PKF Smith Cooper Limited 2 Lace Market Square Nottingham NG1 1PB

Ms Anna Chandler PO Box 11228 Nottingham NG14 6YY Email: [e-mail] Telephone: [phone]

Dear Sirs

Nottingham Gordon Memorial Trust for Boys And Girls - Charity number 212536

The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your independent examination of the charity’s financial statements for the year ended 31 December 2024. These enquiries have included inspection of supporting documentation where appropriate. All representations are made to the best of our knowledge and belief.

General

• 1 We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion.

• 2 We confirm that the charity was entitled to exemption under section 144 of the Charities Act 2011 the requirement to have its financial statements for the financial year ended 31 December 2024 audited. We also confirm that the Trustees have not required the charity to obtain an audit of its financial statements for the financial year.

• 3 We have fulfilled our responsibilities as Trustees as set out in the terms of your engagement letter dated 24 May 2023 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), for being satisfied that they give a true and fair view and for making accurate representations to you.

• 4 All the transactions undertaken by the charity have been properly reflected and recorded in the accounting records.

• 5 All the accounting records have been made available to you for the purpose of your independent examination. We have provided you with unrestricted access to all appropriate persons within the charity, and with all other records and related information requested, including minutes of all management and trustee meetings and correspondence with The Charity Commission.

• 6 The financial statements are free of material misstatements, including omissions.

Registered Charity Number 212536

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Assets and liabilities

• 7 The charity has satisfactory title to all assets and there are no liens or encumbrances on the charitable company’s assets, except for those that are disclosed in the notes to the financial statements.

• 8 All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate.

• 9 We have no plans or intentions that may materially alter the carrying value and where relevant the fair value measurements or classification of assets and liabilities reflected in the financial statements.

Accounting estimates

• 10 Significant assumptions used by us in making accounting estimates, including those measured at fair value, are reasonable.

Legal claims

• 11 We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for, and disclosed in, the financial statements.

Laws and regulations

• 12 We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements.

Related parties

• 13 Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with legislative and accounting standards requirements.

Subsequent events

• 14 All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed.

Going concern

• 15 We believe that the charity’s financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity’s needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charitable company’s ability to continue as a going concern need to be made in the financial statements.

Income, grants and donations

• 16 All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such income.

Yours faithfully

..............................................................................................................................

C N Cullen

Signed on behalf of the board of Trustees of Nottingham Gordon Memorial Trust for Boys And Girls.

6/8/2025 Date………………………………

Registered Charity Number 212536