+0 Ja.¥trJgS
ReiIster￿ Ch•r.ty12 13982)
Report ol the Trustées and
Fin•nclal Statements For The Year Ended
5 Aprll 2024
lor.
The Metcalfe Charltabl• Trust
darbys

The Metcall• Charltable Trust
Contents
Charlty inforrnation
Report of Trustees
24
Independent ExJmlners report
Statement of financial actlvities
Balance she4t
Notes to the flnanci&l stptements
l(N16
darbys
artered certified ￿￿)UntanIS

Metcalfe Charfiablt Trust
Chartty Inlormatlon
Charlty Number
213982
Trusteés
Mr C Harrlson
Mrs P Backhouse
Mr H Spink Iresl8ned 19111124)
Mr R Scott
Mr5 J Bere
Prlnclpal Offlt•
9 The Paddocks
Lound
Retford
DN22 8RR
Sollcltors
Sllls & Betteridge
46 Silver Street
Llrb[oln
LN2 IED
B41 kers
HSBC Bank plc
31 Carol8ate
Retford
Noits
DN22 6DA
In4ependent Examlnel
Amap.da Maiiseh ACA
Darbys Limitpd
Chartered Certifled Acrount&nls
19 The Square
Retford
Nottin8h3msh:re
DN22 6DQ
darbys

Tho M•lcaK• Ch•rtt•bl• Trust
Trusto•s R•port
Fol tho y•w •nded 5 Aprfl 1014
The Truyoes Ivr Tr•r orthd 2024 In f•spefl rf Th¢ Chaf#•blt
Tnnt.
Thi Tfu%I was fw¥J•d *41 of Wthrn Motc*¥• tho Prtrtyl Re*5try on tho 23fd
A Sch•m• w•s adoptod on 7th D•c•mb•r 1960 •nd r•¢lsi•red vAth ihe Ch¥lty C¢xnm1551ws lor Eryland and
O QP•f•tr m*rtt41fi th• llnd th•f•¢>Th. 4fi Ih p¥frJh al E¥*non comwlsk¥ the Parlth Insiltut•.
For th• benefft ol Inhatst•nts ol the Paftshts d evtrttyl •Trd k4ftworth ifi ilw Cwty ol Noiurfh4rnshke
•nd 4ppty •ny surpkn IrKTh l¢x suth •xhef Ch¥*•b￿ purpows lor th* b•ft•fit al tl* s•ld lfthabitsnts as tho
Trustt•s deem fft".
Th• TnAt •dmthlst•is lh• for benefft ol the Ifih•bR￿ ol tr* Patlthts of Eb*rton •nd
4ltW￿th. whlth lfithde the harnl•ts ol H•rw*l Drakeholek In gf•cike iN5 man¥efflenl
•nd m•int¢fi•￿• ol the Vhll•y w Metc•lle sP￿ts Gf¢Mth Ind Chldfen's Pl•wwxl. In •ddltkn. ¥knen
•woylaie. Trust other aththit￿ wltNn the rwo P•rtshes. Th• Tntst Is spttinc4lly bwred
Ivom appfyI￿ of its rewu¢cts IA th• r•l*l ol rates. tames or th puljlc Ivnd
Th• fa¢lhikn pr(hld•d ty tlw Tn￿ kn •c¢old￿ Its ety￿1h￿ ￿ open to Il* yMf•l wbU4 wlih
li1c￿¥ •tt•ntth Ifford￿ to ih• Iw•l c4¥fimuntty.
Th• Charivs dofknis frarn rwts Tnnt••• to rn•n•8• th• •st•th io
Thq Twst itm•kns kn • •nd fith f•sour¢•d pasttkn to take poslll¥e a¢th* io woptrty mknt*i *ss•tts •nd
F¢y many years. th• Ttust hJs led fotuis•d and n•¢esMry m•knt*lU￿t XfOSS thé multi.purrth* woperty
portlollo. ty utllt5in¢ ierm malnienwK• pl4ns. property Costs •r• m￿￿*d pro*(ttr4*ly. f*hlch me•is
Inwsirn•rrt1s r￿n￿ed and ¢ontfolod • kry ol thne.
The Tfust conik¥As io utllise th• ol • pald p¥t tlme Se¢iew •nd FIft¥￿ W<er. This role •sy(u In
the •dmlnhtr•lloH •nd rnan•¢tmeni ol th• Trusi artl embles the Tryst to efflbrK• btst pf•rtJCQ W•Vs 01
T*40fk1￿ IrKhJdtrrf a FrfO4(tJ¥e and tr•nwrert u>mmurd¢•t>OfiS Pt>ky In ftspons• to P*tsh rttiesi in the Tfusi.
A monthly updèie Is wo¥*d the Kx•l 'HEDS' fro• n•w￿¢t￿ and qxNr*ur4(atknM ar* ￿ ws•d ¥1* th•
TNst ￿(feury to *r•sure • awoxh.
Tl.• Trust•￿ are sw lo l•KI In 2021 Buslness Han. eK¢Mnpasstd r￿dI
ol the Icrtal Nel￿b￿h{￿1d P￿. As or*ln•lty 1*1 In bjs1￿3 plw. th* Twstets io undert•kt
the c¥Jir¢nt Lerytes Ind delfy*ry ol fv Tnjst and 1¢$ wtneri wthS151 ifYW4 W ¥￿eaSe wnmwity
asement and use ol Trust Ixillues.
darbys

Th• M•lc•ll• Ch4rllabl• Trust
Trustees Report
For ih• y•af •ndtd 5 Apill 1024
I. CpAqknu• lo $4WPOrt ioi th• b•n•ni ol ihe local ¢offimuth mllnly throwh
•. ol n•¢•ss4ry •nd hbihly dorn•nded c•pltal Isseis and
b. sijpwl lor sp•cllk •￿￿ts
?. Th• Inthtfftoni fv•d wlll b• rn•n•ied In •rcwdèn¢e wlih lh• a¢reed In¥estm•nt str•1¢￿ b•ln8 ¢W•f￿n b¥
Th• Gfoup. The Tr tsi m4ni8• Invo51rneni fui ds lo I￿$taIn.,
•, •nThMI eMpendrtur• ol C£83,(￿ (plus API) lo be lunded out of Invesirneni funds. pl
b. lurthei c•￿1•1 lund iio¥rth In Ilne wlih ènnu4 Inll•lk￿ or jll%t •btrrt
s. rwthw I￿ndItIon ol lfii¢rn•l eoniioh Ind la ￿lIver 411 necessary asptcis ol
Sp•rlk•lty. TNst*os •lrn io dth*r prd¢¢ts that wll..
. D¢¥olop En¥hronmeni>llEcoltykal Imprty¥emenis In Ilne t*lth chinilne c¢)mmunlty demands
- Atnov•i* emlstlni Pro￿rty ass•ts and iutufe pr¢)of *Mlsl1￿ •iid new bulldlnp to wo4rfde relevant
cornmunlty Ixlliii•s
. Pfomoit commuTrliy •nw*m•nt support conilnu•d ¥olunt•ry khw￿lment, th1o￿h
C4Yfillnurf Olrort lurtdlry Jftd wpport of local ¢luWsodttl•s
Pokl•s •nd pttt•dw•s wlll ￿ t0lrn41ls￿ and oub*th•d 04 th• Trusts Inty•n*t.
A 102415 ÈU￿¢1 WIU h approved n •c¢ord•nce wlth tb• lry.terrn In￿lment straltyi.
Tfusieo ir•ln*4 wlll bo ddhh*rod in •ccord•nce wllh iul•nc• ol lh• Ch•rltlvs Commlsslon.
CwtnLIs (A Emplvrn•nl. Sialf Handbooks & Tr41n1￿ Plans, Rlsk Assessmenis al￿ •H othor necess
d+xwntni•tknn wlll b• creai•Jlbpd•t•d •nd Issued •% rtoulred lor all stalf ernployed by ih• Trust.
S•e sectlon hkjw
YNsltts ¥AlI eniaie t￿lh lo¢•1 I￿lIPS looklnl to develop Impfovem•nts Vo trus1 lands *ihir* posslble
r•Iti1￿l.'1Trll1 *4111 lTh¢lude proletis ofi tht r•cft¥t￿ ¢round and othEf trusi land whire lundlna Is 4ffordable •hd
nelarf￿n to th• w•h￿* comryiUI,lty be Iuiiiii•d.
ornm
ni
In •fctyd•rK• wlth lh• dilapldatlons r•port kmprovtrnent3 will be d¢llvered to •li current bulWlni&
Wh•ie Luildlms ar• In s•ibous ne•d of lA￿stmen[ di￿ io poor ¢ondltlan ihe Tr￿st wjll ¢onsbdef rEbulldln4 ¢1
t￿nI￿1 %cop• ol su£h bulldlngs io Impro%e th* u.'41• LV, and r•l•wifi£e io, the local community. Sknch Im￿ld1￿
In<ludf. nol ex¢lusbv•ty. tht Qld CIKh Hwse, chan￿￿1 F4¢lMiks and Tea Rooms. all locaied on the
iocre•ith Krounds. Tru5te•s have now ca.riod out • ￿UblIC coThsuliailon •rtni *round the r￿devel
opment of
Ihe •kove bu¥din8*, 1015owlr4 thjs plapftl￿ ￿TryI￿510￿ has been iranied io wTriide • new xc•s5 pdnt.
cè'k)Ik dotTobII￿n ol the i*•.toom buildlni (whl¢h ha5 listed much lon¢et thats il's expected Ilfel and to bulld a
nolv ¥illi)i* hub •nd upeialle to play ar•a equlprneni. The tnjst is In dlkusslons wilh C¢lAtr¥ctDf5 to loo￿ to
51•ri ihost works In ihe financl41 ie•f . In¥tslm•ni WIU oth be In •¢¢ord•ncf wlth av•ll4b* fknnds.
The ￿￿1* ANI i•1•ya￿t ol ih•l4thJ4è H•ll W'H uallyts• f￿1￿*d. W￿￿rE chandes are %een to bE needed
IF* Tru5i wlll ¢oThsldtr lur1htr I￿￿_.1m*￿t needs (ornmuTrlty en8oi¢m*.ii bdni soueht as ne¢ersary.
'darbys

Th• Meteall• Charltlbie Trnst
TNstees Report
For th• y•ar •fidod 5 AP￿ 2014
ioc•l ttynmlNll•s b•n•fft ire•tly In)m the and vohjntw support off•fed by a wlde fanie ol IndWu¥ls.
M¥N 01 il* lff*pfobfftnl Pfohtcts bolai c¢)nsKlered ty ihe Yfusl can local Peop￿ and ihis 14fv￿ls¢ •
slif￿ Sgiili ol fommunlty wcc¢ss whtr4 wo)Kts *r• delN•red ihroL8h ¥olynt•ry'nw)fvem*ni. The rok ol the
MRC c(wld be $4r4fic4fi1 kn INS wjxem •nd Ihe Trvst thlu stek Supp￿ frm the MRC In m•fty ol lh• wohrts
Tho Trusvs rtyjtlne operatlon•l acitrrttbes •re •lso stspported ty the Metc•W• R•¢ftatlon Ctynmlttee (MRCI, The
Committ•¢ con5￿ts of ¥olunteer5 and user ifOUP ryesentatkn. who ¢ollrftW throu￿ the romrn4rtee. hdp
SPQ(lfic d•y to day 4cll¥llies ol th* TiusL They Pred￿TrInant￿rf s•tt4n•n4e the book1￿ and use oe
l•clhlles wlth some SUPPOfl Pfovbjtd by the S¢cret•ry, Il fequlred. The Trust b de￿ndent on Ihe MAC
¢ontiilxrtlon Ind thh has worked wlth th• C¢)mifftlttee In revlstrrf Its Mernorandum ol Undersl•ndlrrf •nd
Consiiiut
Ai ihe ypar ernl lh• Ch•TI1ab￿ TNst held ihe r•w¥*s'.
1024
2023
E x*wm*iit Fur
Unf￿11￿*d Ft nd
138,812
3.691,935
lJ8.812
3,315,086
Tot
3,833.747
JA53.898
The polky Is to In¥Mi In stock m4rk•l 6hvesi￿ts, usiw •.7 knh•5tmffii Plrtlrrfm pro￿dEr thii h•% an A+ Cft&'i
rthi wlth S & P Global. wKh the •mpbasls b•lni ¢m twe*￿ Ilow t*ltht 4¢ tl* thn• lor •sTr
¢ro¥rth'.ty Iw lfiftlilonary P¢•SSUf•5.
The Yfusfs14￿•f.1•Ifft Iln¥dd str•ie¢y alms Io 8lv¢ li st¢Ufity •¥k.n the luiure. Ihe Trtsst is TA￿$
placod to Ivrd Its onqol,ii re¥tTr￿ eApendrtwt. Any Incon￿ ynefated the Invuim•n¢ •nd •l)ovo the
lune expondlture durlni ihe ￿.7r h rel￿￿$ted to pi¢hlde upltal iity*lh. Th* Tiust's Invtsiment Polky Is
iullrty revle*Yd with Its appointed Inv•stmeni Mwi.
Tne &m ts io m•lBi•ln 4 mlnlrnum li**ly c•th res*prtS io ffonaym•ni adft Inistr•WI •pd
supptsrt cost*. lor • perlod of •1 l*as1 nnt y*ar.
Th• Trusiees h4¥• wr¥ed 0knrll￿ the ye¥ ar• ilsi•d pbge l. There are fb¥e Trnsttts Supptr￿d by
Socr•tary adrnlnlJlefS tho end(Th¥m•nts ot Wlllkiffl H•rlènd M•tcalfe. Thes• endowments comprlse L•nd and
PfOPQrtTr in ir4ether Inbutm•Thts cath. Tho Trust•*s meei monthly to urry fOUtln•
mw¥em*nt fvnclioh
The Ubiflt•blp Tfubi b5 4 ¢•¢lstir¢d charity and is ityrtrn•d by b Tiuii Dedd.
Tnthees ie¢nbiEed h*ln4 rewd for the skblls requlred to mako the durity su(¢eMlyl.
The Tiu5t ccmwrfes t¥￿ Tn￿te¢S nomkn*¢d by t￿0 Parlsh COL￿￿1. ¥frtho af* appokni•d lor 4 y*afs •rtd <•h b•
feapwnted. Ind thr•e fO•PUih* Tr￿1•¢5.
The 10-DPtaI￿e Trusteqs are fecrulted liom the P4iishes of kaftv•Orth ar.d f¥crtoo follo%*ini •dvuts In lh•
Pxlsh r•skller. Trustees •r* &ppoiDtod lor five ye4fS and can also be re4ppolnted.
darbys
(*￿rtefed certrfied acu)unlanls

Th• Melcalle Chirltable Tfllst
Trusteei Report
For th• y•ar ended 5 Apill Z024
tfustees respon%ble lor prep•rlrrfd ih• Trustees. Rewt and Ilnanclil 5uiemenU in accordJnce with
•p*•ble law •NI UTr￿ed Klrydom Acc¢wnllni Siand•rds Iuniied Kln8dom Gener•lty Accept•d A¢rountln8
Coinpiny l¥* requlr•s th• tryste•s lo preparn flnancI￿ statements lor ••ch fin￿¢1*1 year whlch 8kve • Irue and
i*r ￿eW of tho st*ie ol •lf•lrs ol iho Chariiiblo Tfust and ol the Incomin8 fesources and •ppliuilon of rwurces,
th• Incom• •nd exp*ndltuf*. ol the Ch•rlt•bl• Trust lor ihat period.
lfv prop•rhty ihese fir4ncl•l $14t•ments, the trustees *f• requlred lo,.
. seknt suiilble Xcoufitlni polldes ihen apply them clY￿1$1¢nII¥.
obser4e ihe meihods •nd prlnclples kn ihe c￿1111¢5 SORP:
m•ke ludiemenU and estlmltes th•i ire reasM•ble arKI prud•nt:
state wheihef applicable UK Accounilng Standards have been lollowed. subject to •ny malerl•l
d•p•nur¢s dlsclosed 3nd explilned In the Ilnanclal statements. •nd
prepare the Ilnanclal staiements on the ioln8 coK•rn b•ds unless It 15 Inapproprl•tt to yesume
Ih•l The Charltable Tru%t wlll cofitlnu¢ In buSIn￿$.
The Irusie*s are responslble lor keeplnq adtquatt accountlni r•¢ords that wpport w4th fe•Jonable accurw at
Inv time tho fin•nd•l posltlon of th• Charitsble Trust. They Ire •lso respcffjslble for saIrf￿•rdI￿s the assets of
the Charlt•ble TfU51 and henct l¢r i•kln4 r••50nablo steps lor the prev•nilM •nd d•i•cd(m ol Iraud ind oih•r
Irfrful•fllles.
In so hr as the iru51ees are aw•re'.
. there Is no felev&it xcountln8 Infom￿110￿ of ¥khich the Ch¥nablt Trust's aKount•nts •re
unaware, and
Ike trustees have t•ken •ll steps th•t ihry 0￿h1 to ha*•* taken lo make lhemsel￿5 4W•ft of any
relevani ac¢ountln8 ￿lorMal￿)n and to est•bllsh ihat the Jccouniants are aware ol that
inlofmltlon.
Rl
The Tfuslees rnonltor Investments •nd the finarKlal p051tlon al • mlnlmum of once every ihree months. The ftsks
to the Tfust •ie mlnlrn15¢d by lis Investmeni poII(y and c•reful control ol cost5. Operatlon471 rtsk5 ate minlmlsed
by •n on8olw wwrammt to moderi,lse the •menille5. fjmpro￿ efflclency and strlrt adherence to mlndatory
ie8ul•iions in respect of publk bubldlw ind tha￿e$ In lrflslatlon.
The Trustees employ expert consultants atross a rnnle of dlsclpllfW& lo ensur* Operatlonal, Property and He4lih
& Safety rlsks ar¢ re¥lewed and man•8ed on • iontlnuing basls. The Tiustees ha¥e ¢ieaied lon8 ierm rlsk
man•8ement plans jnd have Implemented thanie5 to milntaln Ind securtr ihè I0￿eVIty and contlnued use ol
bulldlnts. pr¢)perty. trees. rn•naaemenl sysi•ms. employees Ind other key assels.
darbys
chartered certsfied acu)untants

Tht Metcalle Charli•bl• Tfust
Trusle•s Report
For the y••r •nd•d S Aprfl 2024
The Melcalle Charitable Trust
Ch•rliy Numbef..
213982
PflnclOe Office..
9 The pIdd￿kS
Lour
Retlofd
DN22 ODP
Trustees:
The Trustees of the Ch•rlt•blo Trust >t tho y¢ar end wefe:.
Mp C HI￿1￿)n
Mr H Splnk
Mrs J Bere
Mfs P Backhouse
Mr A Scolt
On behalf of the board
•uthorls•d lor on 3rd (>ecember 2024
Mr C Harrison . Trustee
Th• notes on p4ies 10 10 16 fomi part of thew accounts
darbys
cthartered Certsf￿ accountants

Independent Exarnlnef's Report to the trustees ol
The Metcalfe Charitable Trust
For the y•ar endtd 5 Aprfl 2024
I rep¢xt to the tru5tets on my eyamination of tne KtwniS of The Metcalft Charltable Tru￿ Ithe Tfustl for the
year ended 5th April 2024.
As the charity iNstees of the Tnjst you are rosponslble for ttye Pfepafatil￿ ol the accounts In acctydince with
the requirements of ihe Charitles Act 2011('the Acy)
I report In Trspect of my examInat￿n of tho Irust*e's a(c(￿nIS uirled out under sectlon 145 of the 2011 Act Ind
In carryin8 out my examination I ha￿ I￿lOWed all ih• applicable Dlrectlons liven by Iht Chanty Cornmlsskn
undef sertion 145(51(bl of Ihe kt.
I havt completed my examlnailon. l Confirni iKat no miterlll Matte￿ hrn come to atttntlon In connectlon
wlth the exmlftatlon 8lvhn8 me cause lo belle4t that 1.7 material respect:
(l) accountln¢ records weie not kepl In respecl of the Trust as requlred sectlon 130 of the Act; or
(2) the accounts do not aceord with tkne ieuxds: or
(31 the a(counts do not (ompty wlth ibe •pplleJb* r•wlrtments roneemlng the Iofrn and co.iient of
accounts Sft out in the Charltles (k(QLnts and Aeportsl Re￿lItIOnS 2CK)8 other thon any
fequlrement that the accounts 8The a 'tpJe and lalr ¥lr4 4hlch is not a matter (Qrtsldered 4$ part of
an In(Lependent e¥3mlnaiion,
I have no eoicerns and hav• cun• icross no oiher man¢is In (￿ne(si￿n wlth the eMarnlnaLon to whlth
•tienli¢)n should be drawn in this f¥POrt in o￿ler io efiable 4 proper undefStandln¢ ¢*f the accounts io be
feathed.
A M•nsell ACA
0•rbys Limrted
Ch•rter&l C*rtif*d Accountsnts
19 The S4u•re
Rerfo¢d
ON22 60Q
DrfeTrbrf 2024
darbys

The M•tcall• Charlt•bl• Tntst
St•t•mont ol FlnMKl•l Actlvltles for
th• yw •Trd•d S Awll 2024
2024
Total
Funds
2023
Total
F￿d%
UrKestrlcied Endtrrnt
InccKthI It￿Ul¢0% from
nei*ed lund5:
Donat10￿ le8xles & Irants
4.142
24,L
24.060
11.331
In¥tStment Income
Rent rtcth•ble
Markelable secwlllos
aftk Intef est
Olhef Incom•
Total Incon*4 lo￿￿tte%
6.137
14.334
321
6.137
14.J34
321
5,368
54.362
9.487
10,638
182
54.362
32.620
R•wc•s •xpo¢thd
Cost ol yn•ratlne fvnds
Pfopefty
Rt¢reatlon c¢>rnmltte•
Irelestffleni costs
1.776
10.712
2.776
10.722
13.061
1,104
11,924
12,9
tharllable a¢tlvltl•s
Vllla4e instltute and
rttreli1￿ (round
84.225
84.225
79.889
110.784
110.784
l(*•.896
Nei th¢off￿(eXpendltyf•j
156,422)
(56.4221
174.2761
T1¥￿Iers b•twe•n fur
GaIn￿[LO$S*s1 on Investment assets
436271
436.271
(83,571)
Nei mfft.Trent In luThJs
io
379.849
379A49
1157.849)
3,315.086
138.812
3.453.898
3.611.746
Toul fvnds c4rflod Iwward
3.694.935
138.812
3,833.747
3.453.898
darbys

•)oo
mo)
¢K+
ffl ift

Th• M•tcalle Charltsbl• Tnjsl
Not•s lo the fln•nd41 st•lernents
lor th• 5 Awll 1024
The ￿andal ststements hm bo•n wep¥ed In a￿d￿K¢ With AuounUn8 Jnd RoportlN
Ch4r.tl4: St•temont ol Recorn￿￿ PTaCtKe wplkable to thafltles prtparkni th•ir Kcounts In
¥Cordi￿• wlth the Flninclal Ilwini St•ftd¥d appkable In the UK ènd Ilepublk of 1rd￿d IFRS
101) leffertlye I lanuary 20151- (Charii*s SOftP IFRS 10211. the FIrt•Dc￿I RepMin8 St•nd•rd
applkable in ihe UK and Republ1¢ ol Irel￿￿ IFRS 1021 aryl ih¢ CharltiN Art 1011. Aswts Ind l••bslitlos
aT• inltialty rneo¢nls•d •t h¢stQfkal cost (¥ IfansXt¥)n ¥•kn ufAus Oth•r￿ slat￿ lfi the folevant
acux1ni1￿ polki note.
The Tntsioes consthr th*t there ar* no ffl*eflal ur*certJlnt*s abwt the Ch•rWf •￿Illy io
•5 • Bolry Concefh any slyknt ¥eas ol tsncertointy •ffttl th• ￿¢0￿1 of JsJ•ts h•ld
by Ihe Charity.
Perrn•ftefii EndvwTnent Fund.. This b regf•Serf•d ty the yobalt ol the Pfobxfves used for th•
p¥rpw ol t1￿ Trust net al pyrnltt•d dlwosals. Ufidtt th* te¢ms 01 TnJsl'5 IA%ifument
Ihe tndwment r*nnot ￿ ftpksed w supplerytht the Charli￿5 incom• Mllable tv Ivrthe" lh•
Ch•iftWs obitcti¥es.
IA.
Fr•¢hold properth•s w• r•c(Kd•d •t y0b￿e pkn ImwThTMntS 41 co￿.
The Ire•hold prop•rtles prnb•l• we dew•cot•d •$ in the op*&>n ol th• Try4*e5 thelr
rnslthJ•l Val￿ Is f¥ In •xcess ol thotr yob•t* th. As thes• prtwrti•s ar• ￿up**d lor th¥R•b
pUrp￿e5 •r• kept in iood repair. the 1fUSte￿ do nbt •fty d•w•clakn bff
m•teftsl. Piop*rty enh•nr•ments We dewedatod ov•r Y) ¥*•Th.
Rwt•l?on Vour￿ e4uIpTth)i nei ol fesluA b*rrtten nff Its.￿1￿1 •coh(thik Ve ai & fate
UI Pef •nNnn on i str•*ht Rne
darbys

Tht Metc411• Ch*rftable TnNt
Nol•s to the flnandll slaternents
lof tht y•af ondod 5 Aprll 2024
l.& In¥•stm•fits
Fr•ehold Prop¢rtles
The Iftthold pro￿rtIeS hekd lof the PUIPOW ol ￿V￿lMeThI arn ¥alu•d ai iheSr eJtim•t•d
mifkot valu•. &kny or losj on fov•kwtlon Is i•k•n to tho Si•i•rn•nt ol
lfvllle
Ust•d In¥ffitrn•ftts
Th•115t•d Invtstrnonts •r• fecord•d ai ￿1r ma￿11 ¥4ueJ x Pro¥id￿ bv the TNsts lund
rn•n•ierK Any yln 0¢ h)si b tak•n lo th¢ Si*tefThen¢ ol FlrwKlal Artlvlil•
Investmon¢ Intom• Is •c¢ouni•d lor * folbowj..
Usted. anwnl% rncth•bl• dvrlni the y•¥.
Slx)rt T•mi Deposlts . wnounts r*celv•bl• dwlne tho y••r.
R•nls. arnounu r*c•1¥ab￿ dur1￿ th• ￿11.
(wi
IA. ljofi•Uon• •nd L•yd•i
Pon•ilons art re(o￿lsed wl*n th• Chwlty h•$ b••n fi￿lI•d In WTlllna ol th• •mouni and
sdtlemtnt dale. In the o¥eni ihai • don•ilon Is subj￿1 to ¢ondlilons th•t requlre • Iwl 01
pertomiwlce by tho Chwlty belo¢e Cha¢lly li eniiiW to the lunds. the In¢om•15 deferred and noi
reco¢n.sod untll ell￿¢ cwdiliofis lie fu￿¥ mrt. ¢f th• lulfdmeni al t1*5e c￿￿dIt￿n$ Is wholty
wlthln th• control ol tho Ch•rtri Is prob•bl• th•1 thM• cofidlkns wlll b• lulfimod In th•
r•portln8 wiod,
p•ndltui•
All *xp•ndituft Is ¢yK• I￿r* h • *•1 c4 ¢oThitrucl*o obltlatl￿ to Ihat t7pe￿. Its
Pfobabi• seltl*ff*nt *S r•qulr•d. and th• arnowii w be moMur•d
1.10. Valu• Add•d TJ
Ihe Ch•irty is rrflstered Valv• Addod T•x and ts th•rnlor• Wh•bkn to i•d*m val￿ Add•d T•x
an lis ypens•s. EAp•ndltui• In these IlTh•nd•l stsi•ments h th•rnlort shwi I￿1￿*￿￿ ul Valw kld•d
darbys

.12.
Th• Meiuff• Ch•rtubl•
Ilol•i lo lh• nn•nclil slal•m•nt5
f lh• Y••f •Ad•d 5 Apfll 2024
l. •xp•nd•d
Co%1 ol
Gefierit•O
Funds
Dliert
C￿1111b1e
li￿ty
2024
1023
L•lllrf Commlsslon
702
X12
1.104
1.834
lJ34
ofes￿OnI1 F•es
Uihi and h*•1
ioyl1••g propwty s•1•
240
240
1,104
2.776
132
1.465
44
iio
455
557
Repalrs Ind M4lnlenan¢e
W•i•r
Ulht & H•
132
1.465
44
210
455
557
4,694
420
261
1,442
425
380
466
6,137
Coreio&eri mlnor Iteffls
Aepoirs Mglntenonce
E¥fnis/Actlvlll
Woter
Li9hi & H￿1
proles￿On￿l Fits
Rorej
S•crrfarfs olfk• A4ow•nc•
420
63
153
12,924
o•db•nd
Ory e¥peM•S
617
10.722
617
10,112
12.9
Fund m•n•ier l••s
13.061
19,721
27,861
17.143
5.621
1220
19.711
27.161
17.243
S.611
1220
1&485
26.312
13,SXI
6A45
•nd F•ei
GroUnd$m￿ Fe•1
R¢pilfS io Prop*rtv & Giounds
954
9.397
l.A36
1,865
79.189
AccounUI)CV
Prol*Jyonal Ft•*
Insui•r
8,)6?
1,591
367
1.591
R*p&fS io Equlpm•nt
14.125
04,225
26.559
81.215
iio,n4
106.896
darbys
thartefod certIf￿a accounlant8

Th• Motulfe Ch•fft•bh TNSI
Notes to the IIna￿la1 5tstem¢nts
lor tho yeai •nded 5 Aprll 2024
. 5tsff <osts
2024
2023
5￿ff COXS wer•:
Hogorlrla Ir￿ Fees
19.721
18,484
The •¥erage weekly number o15tiff omthed by the thwltv
dull￿ the Yeaf wrys as follows..
2024
2023
D'.i•ct Ch•rliable Work
No Tiuste• i•cel¥ed •ny remunernilon. No w*re re1m1￿1)ed to th•m l¢x trJ¥•l eMpen¥r
4. T•N¥ll• flx•d 15s•ts
Frnihold L￿d
& Bulldlrfs
Pknt&
Equlpmefit
122.698
49.220
4.699
121911
At6WI 2123
Addltlon5
Di%pouls
Al S Aprll 2024
122.691
52.419
175.111
28.435
2063
39.331
4.059
1.5C*)
41.8J9
67.766
6121
Al 6 Apill 2023
Ch•fle
Elimloiied on th'spw
Al S April 2024
30.198
73,8b7
94JO3
9M9
104.152
At 6 1013
92.2L
10.530
102,730
Ai 5 Aprll 2024
darbys

-14-
Tho Metull• Chartt•bl¢ Tn￿1
Nol•% to th• fln•Trchl %t•tem•ntJ
lor th• Y••f •nd•d 5 Apill 1024
4. TinW• Ilxod •ssots Icont'd}
Fi•etrdd land ind buildin¢s ¢•n be furthw •nalysed Is lollows'.-
44,44
49.578
969
lostitute E%*rton
Orlslnal
. 2010 Atte1￿10n
. 2011 Allera￿￿
Orl8lnal
. 2010 Alttfat
- 2012 Alitrailon
I6.￿?
10.752
576
370
122.698
Cost It 5 Aprll 2024
Th¢ r>¢1 book valu• at 5 Ap¢ll 2024 fQPf•sents fix¢J v5Ed lor:
Endu*rnenl
Fund F.'e*hold
Land
Un-reslrlctod
Llnd •nd
PrnArty
Pl?n¢ 4nJ
f¢wlp,n•nl
Ch4frty Actlvlty
Purposes
63I25
28J7S
10.530
102.730
lrtv•itrn￿t
Prnp¢rtl•s
Mark•tabl•
Srfuriiles
2024
1023
3,294.242
14.335
3,447.177
10.638
mJ￿¢t Value •16 *o¢il 2023
Aldiilons
Disp05•1s
ILossIIPr¥lii oh Invtsiments
I1￿(0￿ ol ￿¥t11m￿nts
3.294,242
14.335
436,2Tr1
456.171
3,?y.242
ma￿*1 l••lu• •t s wll 1024
J 664,848
3,064.
darbys

The M¢ialle Ch¥ft•bl• TnJt
lor th• y••r •ftd•d S Apru 2014
Affl￿￿$ f*lllni due within one ¥tar'.
2024
Xi23
Man*n¢ A8efils
pr•payn￿lS
21J89
15.425
21.389
15505
7. C•th It b•Thk and lfi h•nd
2024
1023
5.632
Oeposit Accouni B•lafftce. Recre1ti￿ Crymutt
Doposlt ktt)uni Bal•rfe . Twsi
Curient Accounl- Recf•allon Ctynft4ttQ•
Cufrent Account- Trust
Cash Account. Recreailon ConxYAtte•
A•8on Cash Funds
20.yi
8.511
14.937
259
12.770
15362
45.799
41.567
X124
X123
rnourtis lalllni du• om yw".
1.020
670
D•l•wY•d Incom•
1,020
Unitstdctqd
T¢xal
2023
l)U12
3.767578
67.1
lJ>20
3.391.3Y
S7,072
L570
Taf*lbl* liled ass•1S
Curi•ni asiets
CurT•nt li￿1?￿5
3.621.766
67,181
1,0
3.694.935
13U12
3A33.747
3.453.896
darbys

-1
The Metfalfe Charltable Trust
Notes to the flnanclal siatements
for the year ended S Aprll 2024
10.
Movement In fvnds
Asat
06104123
Incomin8
resources
Oul8oin8
resources
Transfers
Asat
05104124
owm
ermaneni Endowment Fund
138,812
138.812
138,812
138,812
trict d F
Deslgnated Fund
General Fund
386.054
$4,362
110,784
329.632
436.271
3,365.303
Reviluatlons Fund
2.929,0)2
490,633
110,784
3,694.935
4￿.633
110.784
3.833.747
Total Funds
3.453.898
darbys