2024-04-05-accounts

st sAFBri ak Financial Statement8 For the year ended 5 Aprll 2024

Trusteos A F Brldeoake deceased Flnancial Statements for the year ended 5 Aprfl 2024 Contents Pago Accountants, Report Background not88 and accountlng pollcles Income and ExpendFture Account Investment Income for th8 yeer Balance Sheet Schedule of Investments Reconclllatlon and an81ysi$ of Movemert of Funds 10 stst•ment of Trugts08' Ragpon8lblllt108 Law appllcable to ¢harltieg In England and Wale8 ￿uireS the tru8te88 to prepara finenclol Statements for oach finan¢lal year, which glve a true and falr vlew of the Incoming r880urces and appllcation8 of the resourc08 01 the charlty during the year and of Its state of affalr8 at the end of the year. In preparing finenclal statements gmng a twe and falr view. the trustees shoukl follow best pradlce and: select sult8b16 accounting pollcles arKI thèn ADply them consislontly., make judgements and estlmates Ihat are reasonable and prudent; prapar8 th8 ftnancial statement8 ￿ the going concern basis unless it is inappropriate to presume that the charity wlll Gontlnue in operation. The trust883 are re8pon8ible for keeplng proper accountlng record8 whlch dlsclo8• With rga80nable a¢xuracy the fin8ncial posltlon of the charity and enable them to ascert81n Its finandal position and to ensure that the finand81 ststements comply wlth that Chartties A¢t 1993, the Ch*riti•s <Account$ and R•ports) Rogulgtione 2005 and tho TN8t Deod. Thoy are also rogpon•lble for safeguarding the 8888ts of the charfty and henGe fcf taklng r6a8onabl8 steps for the pm•ntlon arKI detectlon of fraud and other Irregularlti¢s.

Tru8tO•8 A F Brideoako decoo8od Independent ex8mlners' report to the tru81888 We report on the accounts of the tnJ8t for the year ended 5 A￿1 2024 set out on p8ge8 3 - 9. Regpecfjv• ro8pon¥lbllltlg8 of tr￿1•?8 and Indopnd•nt exomlnor As the charilys bvstee8 you arn responsible for the preparatton of the aco)unts'. you conslder that Ihe audit requirement of section 144(2) of the Charftle8 Act 2011 {the 2011 Act) does not appty and thal an Independenl examination Is requlred. It Is our responslbNty. awnlne the accowts under 8gdlon 145 ofthe 2011 Ad, to ft)Ilow the procedures lald down kn tho general Dlreciions glven by the Charfty Commlssion nder secuon 145{5)(b) of the 2011 Act, arKI to Slate whether particular matters have ￿rne to our attention. Ba818 of Ind•pgndont •xamlnorn' report Our examination wa8 carried out In accordanr wlth the General Dlrectlons 9lv•n by thg Charlty Comml68loners. An examinatlon hicludes a ravlew of the accountlng record8 kept by the charlty and a ¢omparlson of the 8¢counts presented 4th those record8. It also includes con81deration of any unusual items or di8clo$ures in the acc4)unts, and seeklng gxplanallon8 from the trustee8 concernlrg ary such matters. The pro￿lUreS undortaken do not provide all the eVIden￿ Ih8t would be requlred In an audi( 8rrd consequènlly no opinion Is glven as lo v￿￿thor the acLounts present a 'true and falrf view and the raport 18 limited to those matters Set out In Ihe statement b810w. Independent ￿mIna￿S •tatsment In connectlon our &xaminallon, no matter ha8 come to wr attwrtion whlth gives u8 wea50nable Gquse to belleve that in, any materfal respect. the requlrements: to keep accounting record8 In accordance thfjth section 130 of the 2011 Ad; and to prepare accounts vthlth accord with Ihe aox•untFng records and ¢omply ￿th the accountlng requlrements of the 2011 Act have not been met . or 2. to whlch. In our opinion. attentlon slx)uld be drawn In order to enablo a proper under8tandlng the8 nts to be reathed. Royl Accounta 18 Heaton Gardens 25 Heaton Moor Road Stockport SK4 4LT lon Mow) Ltd 14th Augu8t 2024 Page 1

Tn￿t•89 A F Brldooakg de￿88d Ba¢kground notes 8•ttlor MIS8 A.F. Brideoake Dats of 8ettlemont 3rd October 1912 Tnwt• R W Ru8by D Cla￿e D Gilmon ALWare T•mi• of Tr￿1 Under tts tem18 of th8 wlll of M188 AF. Brideoake 88 varied by the stheme attepted by the Charfty Comml8$loner8 on the 14th July 1975, the bonefidarles ar8 communlcants of the Church of England residènt In the Dlom of yo￿, Uverpc and Manc88ter. The tIU8tee8 havo dlscretlonary Inve$b)ient powers. Taxatlon The trust is not Ilable to Income tsx and provi8ion for repayment of tsxakn suffered has been Induded In the accounts, Accountlng P¢ii¢l Li8tsd Investment8 are valued at marffet value. Inc(xne r¢¢elvable up to the Balance Sheet date ha8 been accrued for, Provlsion has been mado frK all prOfes￿onal fees payable up to the Balance Sheet date. Page 2

Trnstoos A F Brfd•oak• d•c•a•ed Income and expendiiure acwunt for the year ended 5 Aprfl 2024 2024 2023 Gro$8 In¢omo Investment Income Page 5 127,562 131,218 Rents, ground r•nts ets. Market Weighton property 1,607 1,619 Int•re8t recefvod Bank Interest 29,215 3.74S 158.385 136,582 Expendltur6 Trustee expernes Publlc liability Insurance Legal charge8 etc. Accountancy charges Bank charges 418 1,204 26,400 1,50Q 95 108 1,127 26,400 1,500 29,617 29,232 128,788 107,350 Bountle$ 56,400 67,825 Net In¢omel(expendlture) for tho year 72,368 9,525 Page 3

Tru8te98 A F Brld•oake decaa8ed Investrnent ineome account the year ended S Aprfi 2024 2024 2023 Internst froffl Governm•irt So¢urfU•s 1.25% IL Treaswy Stock 2027 1,830 Wlder Rango 8ocurfUes The Equttles Investment Fund for Charitle8 Ab8rdeen DIve￿ri& Aberdeen AIIF8nce Trust Artemls Global Inc A8la Dragon Tnmt A8traZeneca Aviva Avlvs US Equlty In¢J)me BAE Sy*ems Balfour B88tt10 BHP Group Blackrock Cont Eu lrni BMO Comm Prop Trust BNY Mellon BP Bribsh Land Compa88 Group Conbrlo CFPSDL Gen In¢ Capltal Emer9lng Mkts Total Opp Inc Carnlval Cèntrfca Der•ffjnt London Dlageo Experian Fld GBL IL B¢)nd FIL Inv Global Enhanced i F￿tst Trust Gl Equty GlaxoSmithKline H8190n HSBC Holdings Henderson EuroIrL￿t 22.360 1,275 21.710 978 1.210 1,152 197 3,747 3.935 475 1,367 814 207 8,021 1,715 1.401 919 1,401 674 228 1,806 2.022 1,478 931 1,5n 36Q 249 425 142 43 163 1,888 1.092 1,558 1,095 17 4.277 1,158 397 37 5,086 4,148 928 400 Ishares Johnson Malthey JPMorgan American Investment Trust JPMorgan Asla Growth ir JPMorgan Effle￿ng Markets JPMorgan US Eq Inc Juplter Euro Inc Lana Securllles Law Debonture corpo￿lOn Lggal and G8neral Llon Trust Euro Inwme LXI Relt 543 1,425 137 1,372 187 101 211 4,234 211 497 1,671 1,752 Gro•9 In¢om• 71,804 72,359 Page 4

Tru•t•M A F Brldeoake d8c•a80d Investment Income account for th6 year ended 5 Aoril 2024 2024 2023 M&G M8th8 & Spencer Mercanllle Investment Trust Monk8 Investment Trust Montanaro Smaller Co8 UK Morgan Stan1￿ Global Brands Inc Nation81 Grid NB Global Fl Rats Pear80n Ponnon Group Prernler Port Miltan UK Capt Inc Prudential Reckltt & 8enckisor Relx Royal Outch Shell Royd London STG èxtra yield Rlo Tlnto S¢hroder A8fan Inc Fund S¢otti8h & Southem Energy S¢olb$h Mortgage Investment Trust standard Chartored Stsndard Llfv Eq Inc Tru8t Stsrtdard Llfe Inv Prop Tate & Lyie Temple Bar Inv Tr Te8CQ Twentyfour Inc Fund 31 Infra8truoture Unilever Valu-Trac Gravi8 In¢ Verha8 Global Vodafone Whttbraad Wltan Inv TTu8t Woodside Energy Artemis Sl Bond Franklin Tamp IL Bond Hender80n Dlversified Or(1 NPV J8nu8 Hender80n Gbl Inv Pref8rencè & BD Aegon A88t Man Storling Cor Bond Invesco Perp Corporate Bond M & G Strat Corp Bond M & G Gl Makro Bond Natlonal Grtd Ga6 IL Nlnety One Fund Emorging Markets Locd Curr Debt Plmco Sel In Bond Rathbone Man Ethical Bond Schrodèr Corporat6 Bond CT Inve8tment H Y Bond 155 72 1,199 169 2,188 585 1.068 575 177 530 3.123 122 215 1,157 2,781 3,325 4,167 871 952 793 122 1,161 1,168 101 582 878 910 144 1,111 128 2.304 582 988 1,274 168 481 112 201 1.060 2,328 3,108 7.404 999 988 710 1,171 1,188 748 547 8tr2 723 3,898 727 4,239 24 975 214 1,029 297 2.088 1,315 429 980 151 988 1.869 1,721 491 1.083 1,091 1.589 1,765 740 820 339 1.148 1,777 2.268 909 372 2,029 2.034 2.109 1,386 1,840 2.319 1,207 Grom Income 131,218 Page 5

Tru8teo8 A F Brkleoako deceased Balance Sheet as at 5 April 2￿24 2024 2023 Investrnents Page 8 4,017,281 3,760,582 Fr•ehold Propertle8 Leigh Lowton SL Marf8 ma￿¢t Weighton 633 445 445 1,770 1,770 Perpotual R•nt Charge £7 per annum at Chorltonoumardy. Ml¢. Frnehold Ground Rents Lelgh Loiton St. M8ry'8 181 181 176 61S 176 815 791 791 Loan8 on Mortgage G & K Galley 2,000 2,000 Cash and bank balanc•8 HSBC-current ac¢ount Walker Crips Group Cowllng Swrft & Kltchen£lients' a¢Gount 18.843 227.185 700,468 357,236 648,051 1,010,654 946,476 Income tsx 5,032,657 4,711,780 Le88: Current Ilabllltlo8 Accrual8 Cowling Swift & Kftchen Accountancy 26,400 26,860 2,880 29,400 29,540 Net assets 5.003.257 4,682 220 Page 6

Trnstees A F Brfdeoak• decea8•d Balance Sheet as at 5 April 2024 2024 2023 Funds P•miangnt Endowment 4,713,868 4,465,199 General 289,389 217,021 5,003.257 4,682,220 The financial stats￿ntS on page$ 3 to 8 were approved by the trustees on 13th August 2024 and slgned on their behatf by., D Gibson Trustse D Clarke Trustee R W Rusby Tru8tse Page 7

Tniste•¥ A F 8rldooak• docoaB•d Schodule ol Inv86tments at 5 Aorll 2024 2024 2023 Market V81 Cost Mathl Valuo Gowmmont8ocUrtt￿ 1.26% Trga8ury IL 2027 138,396 100,184 138.371 1th),184 138,398 100,184 138,371 100,164 Wldor Rang?8•curltl•8 Tho Equitie• InveBlment Fund for Charltlo8 Ilanc• Thlgt Aberdeon Abordeon DI￿r•I￿ed rdeon Equlty In¢ Artem18 GIDb81 Income hAia Trgon Trust Astrazenaca Avlva UK US Eq In¢ A¥a Framllngt BAE Systgm8 Balfour 88aty BHP Group Blackrod( Cont Eu Blackrock EurAbsoluts Alpha BMO Comm Prop Tru81 BNY Melon AS Ine 8P Brltbh Land Capltal Inu Emèrglng PAkts Carntval Centrka Compa8$ Group C(M)brto CFPSDL Gen Inc DerMnt London Dia990 Exporfan Group FIL Inv Global onhinc8d Inc Flr81 Sontter Stswart Asia Pac Ldr8 Tru8t Flrst Tru9t Gl Fund$ Eq Markats Fmnkln Temp M#rl• CurTl8 A8la GlaxoSmlthKllne Haleon Hgnd6r8on Hlgh Income Tru8t Janus Hendereon Profor¢n¢8 & Bond H8ndeYwn Eurotru8t HSBC Holdlng$ 31 Infr*8tructuro 394,217 30,110 8.098 11,728 19,909 20,931 35,400 12,012 3,752 24,901 9,999 7,954 387,023 46,512 8,207 14,407 17,001 39,849 11,910 190,721 47.502 72,275 23,880 7,782 36.186 49,3e2 41,087 24.813 23.379 37,359 7,340 8.833 1,393 30.110 8,098 11.728 19,909 20,931 35,4(kl 12,012 3,752 24.901 6,034 13,294 15,474 50,035 11,134 198,420 49,677 90,337 31,992 7.913 30,184 39,923 40,02D 33,562 20,199 36.472 10,Q22 10,000 5,814 10,597 9,28S 40,020 5,005 078 1,403 60,020 20,857 20,048 10,312 8.192 1,818 10,026 24,997 19,996 11,097 9,997 5,734 10,594 9,696 39.920 10.018 25,175 4,442 25,132 5,990 30.184 39,9fd 40.020 33,552 20,199 3&4f2 1Q,022 lo,000 5.814 10,597 9,288 40,020 5,005 878 52,447 46,098 22,819 23,709 38,428 7.450 8.777 2,170 5,453 25,534 29,034 4,318 53,983 81,100 82.1ee 50,672 20,399 21,285 11.912 3.022 23,1 27,184 4,8D1 71.362 67,025 77,358 48.484 18,823 23,431 10,689 3,032 7,815 21,Q87 32,148 86,485 17,$68 22,1Y 53,811 54,173 32,007 10,8a1 29.522 7,931 30,170 80,020 20,857 20,048 10,312 8,192 1,818 10,025 24,997 19,986 11,097 9.997 5,734 10,$94 9,996 39,920 10.018 25,175 4.442 25,132 20.218 83,423 18.571 Ishart8 S&P J P Morgan Am8rlcan Inv Trubt JPMorg¥n A818 Growth In J P Morgan Emorglng Math•ls J P Morgan US Eq In¢om• Johnson Matthay Jupiter Europvn In 68,718 74.323 31,Q88 10.617 32,049 7,042 33,080 1.998.888 932.289 Pag• 8

Ttu•t•os A F arfd￿k• dKwod 8cldultr ol Invètslmenl8 415 Awil W24 2024 2023 M8rk•t Volue Cost Mathl Valu• Cost Wld8r Rango S•curftss (cortlnuad) Land SeGurffbs Law D8bpnture c￿￿atIOn Logg1 & General LXI Re Lkm Tru¥t Eu inc M&G plc Mark$ & Spencer Mer¢ontEb Inv Trust Monks In¥e8tment Tru8t Montanaro Smallèr Cos UK I hqorg Stsnkny Global Brand8 In¢ Natlonal GthJ NB Global Fl fatè Inc NIIW Ong Flmd MBn Emergty Mkt• Locol Cuff P•arnon Pennon Crcwp Promler Port Mlton UK C•pt inc Prwnler Port PKrton Eurt Opps Prwnior Port Mth) US Opp B ac¢ Prudential R•¢kltt B•nci8er 2.998 29,881 6,964 40,159 20.072 548 4,043 15,013 13.928 80,020 1326 110.753 6,321 26,135 31,584 1,481 11,788 31.105 50.955 55.151 81,726 21.146 2,998 29,861 119,889 29,028 36,409 1,569 18.418 36,789 62,243 58,539 88,￿0 19,e29 677 S,207 7,886 8,OS3 61,278 35,616 47,804 5.468 S,138 68,372 77,244 48,396 70,$89 20.613 18,082 103,1)43 312 6.229 14,692 40.159 20,072 4.043 15.013 13.928 80,020 80,020 11.941 14,857 10,000 10,016 13,087 11,941 10,000 10,018 13,087 6,363 6,752 10.545 62,586 31.082 40.020 40,020 3,431 ' e,091 9,794 28,692 54,020 10,216 20.189 7,432 40,020 40,020 3.431 8,091 9,794 8,803 54.338 83,754 46,749 68,151 20.493 19,676 124,343 Royal Lond¢)n STG •xtra yl8ld Rlo Tlnto S¢hrod6r Asl8n Inc Fund SGcttl8h & Southem Energy Scottl8h Morg Inv TN•l 8LF Reall¥atlon Fund Standard Chartered Ab?￿e¢n pr￿ Inc Tnmt Tate & Lylo Tempb Bar Inv Trust T8¥co CT Invostmnt Funds InvAmortcan S¢loc4 TnJ¥t Twentyfow Inc Furtd Un￿8￿r Volu-TracGravls iPK In¢ryn8 ve￿￿ Global GBP A Vod¥fone Wttan InveBlm8nt Thist Vlhltbread Woodslde Enewy Group Arbml8 Str Bond Fid GBL IL Bond Fmnklln Temp Tenr¢ Bond Invosco pe￿ CO￿ bond Aagon As#t MÈn Sterflng Cor Bond M & G Corporate Bond M & G Makro Bond Plmco Gl Sel UK Bond Rathbontt Man Ethkal Bond Sthrod0rCo￿ Bon¢J CT Inv￿￿oni Fund Hiyh Ylokl 54,020 10,216 20,189 7,432 24,996 12,512 10,847 23.(K12 4.989 15,033 14.517 20,125 10,037 1,717 10,847 23.002 4,989 15.033 14,517 20,125 10,037 6,452 84,405 40,020 22,006 35.009 10,003 4.634 52.041 50fv36 49,993 44.997 15,884 4,056 11484 21.249 47.765 &839 21,014 76.957 39,332 11.315 37,147 7,472 15,093 23.858 58.569 84.405 40,020 22.006 35,009 10.tJ)3 42.297 8.559 8.076 3.930 48,193 53.046 27,133 47.599 33.308 49,322 20.819 44,211 43,197 41.290 29,442 45,907 03.295 31,142 46,695 32.571 48,320 23,098 43,6n 42,098 40.300 27,982 52,041 50.436 49,993 44,997 24,892 52.635 24,892 52,635 54.020 54,ff20 29,998 FA.020 3760878,38 4.017.280.80 2.395 335.60 3.760.S62 2420 7￿98 Pfjge 9

Trust•08 A F Brldeoake deceased Reconclllation and Andysis of Movement of Funds for th6 y881 ended 5 AprAI 2024 Restrlct•d Funds Pornianent Endowment Gen•rnl Total Opening value of funds 217,021 4,465,199 4.682,220 Management fees (21,044) (21,044) Net in¢omel(expendlture) for the year Reallsed galnsl{losses) on irNestrnents Unrealised galnsl(losses) on investments Closing value of funds 72,368 72,368 (12,431) 12.431 282,143 282,143 Page 7 289 389 4 713,868 5 003.257 Page 10