REGISTERED CHARITY NUMBER: 214531
Report of the Trustees
Unaudlted Fln#nclAI Statem¢nts
for the Year Endod 31 Dotembtr ZOZ4
for
Th¢ Savage Club Benevolent Fund
ansleybond
1-2 Charterhouse Mews
Lopdoii
ECIM 6BB

The SAvag¢ Club Benevolent Fund
Contents of the FinAncial Statetnent$
for the year Ènded 31 December 2024
P¥4ge
Report of the Trustees
Indep¢ndent ExAmlrtcr's Report
Statement of Flnancial Activities
Bg14nce Sheet
Notes to the FlnaNel&l Statements
6 to 10
Det4lltd StAtement of Flnan¢lAI Activltles

The Savage Club Benevolent Fund
Rcport of the Trustee5
for the y¢Ar ended 31 Deeember 2024
Tlie trustees present th¢ir repori with th¢ finai)cial slat¢menis of tlie cl)arity for ilie year ended 31 D¢¢ember 2024. The
trLiStee% liav¢ adopted Ihc provisions of Acco￿ntIng and ReporliThg by Cliariiies.. Staleinent of REcomm¢nded Practice
applicable to charities preparing their accoLinls in a¥cordanee with the Finanlial R¢porting Standard applicablc in the
UK and Rcpublic of Ireland IFRS 102) leffectivc l January 2019).
OBJECTIVES AND ACTIVJTIES
Alm5 and Org*ni%&tion
Th¢ main objectivc of tl)¢ fviid as stoted iii the governing do¢uinefttS 15 "to as%ist meinb¢r5 and ¢x-members and
cinplDyees ond former employees ol tlie Savage Club atld dependanls of dcccased n)embers, ex-Incinbers, employ¢es
aiid fonner eimployees. wlio tlirougl) misfortune rcquirc 3sskslaii¢e, financial or otherwise.
Th¢ triist¢¢8 and the other memb¢r5 of the iiianageinent committee are advised by in¢inbcrs of the Savage Cliib. of any
eligibl¢ bcnefici&ries that are in need of financial assislancc. Ca¢h case biDught lo Ilic n]anag¢ment committee's
alttnlions is coiisidered and where r¢l¢vant a grant is approved. Infoimation on wh¢th¢r financial assistance Inoy b¢
required is also PTovided by a'waichinan"
In detern)ii)ing how be%1 to a¢hi¢ve the charity's objEcts, tlie trust¢¢s liave had regard to tlie Charity Coinmi5sion's
guidaiicc on public beiiefTt.
ACHIEVEMENTS AND PbRbORMANCE
Revleiv of the Fund
The n¢t lout8oin8)lincDtnin¥ resourc¢s foi. the yeaT of {£15.7291 (2023.. £17,259) aris¢ from a eontinuing policy of
maiiaBing resources lo meet valid graiit IfqUC51s which vKry froin y¢ai' to year. The realised110s5)Igain on iiivcstinei)Is
of (£30,510) {2023'. £7,392) ari¥E as a result of ￿111￿8 sliares 10 protect ￿tUre futtding required ie itteei out80ing
r¢8ources.
As grnntN are paid to nieci fLnancinl iiceds of qualifyTng iiidividual% a% tl)ey aris¢, Iliii ¢o¥l will vory froiii year 10 year,
IiivLsimLnls arc iMadL witli a view lo providiiig eiiliLT Lupil#l growili sv ihllt Ih¢y ¢an bc sold or inLx)m¢ to mLct Ii¢i
outgoins re$ouTC¢5.
FINANCIAL REVIEW
Trustees
The Irustees of the fund ore as stated ott the inforn)alion page. A Miximuin of four trusiees ¢An b¢ appginted and they
re¢eiv¢ iio remuneralion or expense%.
Reserves 8nd risk pollcy
The reserves h¢ld are maxiit)ised by inve¥lmeiit Lo rncct Ihc varying levels of grant¥ p#yablc wliich arc nol coveTcd by
incon1¢ froin Ih().¥e invcstllicnts. Th¢ invesiinents m&d¢ can at any limc bc aff¢cied by ihL llucluation5 of tli¢ stock
Inarket and thcr¢fore it 15 ¢5sential to maintain a level of invcsttnent that provides an adequate flow of income.
The flue￿atIO]IS in thc stock mdrkei and tht level of grants paid each year al'e coi)sidLred to bc Ihc moiii risks faci118 the
fuiid wid th¢ coinniittte monitor these aspe¢ts of the fijnd to ensure il inccts its fll￿re obligatiolls.
STRUCTURE. COVF.RNANCE AND MANAGEMENT
Governlng document
Thc c11arily is conlrollcd by ils govrming docuinenl. a d¢¢d ofiru$l and constitut¢s an uiiincorpordted Charity.
The 8overning document of Ihc fiind is dated 13th April 1898 and this hos bccn amend¢d by a deed of variation dated
1983.
Rccruitmont oppointmcnt of neiv trllstee5
Trustees are appointed after being illvited by the cliairman to aet as trustee and ar¢ then fomially approved at a
COTnniilte¢ m¢eting.
Governance structure
The coininitlee of m&nag¢meni consists of four inL8(ees ￿gether with no more tlian six oiljer tiiembcrs of lh¢ Savage
Cliib.
Page I

The Savage Club Benevolent Fund
Report ofthe Trustees
for the year ended 31 Deccmb¢r 2024
REFF.RENCE AND AD￿lINISTRATIvE DETAILS
Re%i51ered C.h*ritv number
214531
Prlnc5phl address
I Cliiiilerhous¢ Mews
Londoji
ECIM6BB
Trustees
C. Barrcll
S Ann4tri)ng
D Ncw50
L R Woo(Ic(Ick
Independcnt Examlner
aiisieybond
1-2 C.liarterhousc Mcws
Loiidoii
ECIM 6BB
Approved by OTdcr of th¢ board of tnistCC5 On ....
and sibyncd on lis b¢half by..
C Barrcii .
ru$ice
S Arinblrong. Tru%lec
Page 2

Independent Examiner's Report to the Trustees of
The Savage Club Benevolent Fund
Indepondent ¢XY&mlner's report to tlxc trustee5 of The Savage Clllb BenevoleDt Fund
I report to Èhe cliariry trustees on iny exainination of Ilie accouiits of The Savage Club B¢nevol¢i)t Fund (the Tn￿[) for
tlie year ended 31 De¢ember 2024.
Responsibilitie5 and basi5 of report
As the charity Iriisi¢¢s of the Trust ytsu are responsible for Ihc preparation of tl)e accoiints in a¢¢oTdance wilh tl)e
r¢quir¢m¢nls of the Charities Act 2011 {'the Acl'l.
I r¢port itt r¢spe¢t of niy exainiiiation of th¢ Trn5t's accounts carried out under Section 145 of the Act èL)d in carrying
out iny exalninaiioii I have followed all applicable Directioiis giveii by the Charity Coinmis$ioii under Sectioii 145(51{b)
of tli¢ Act.
Trtdependent eXa￿l￿er,$ statement
I have cumpl¢l¢d rny examinaiioii. l ¢onfJrni Ihal no material Inatl¢rs have con)e io my Jtl¢n(ion in conn¢ciion witli ihe
examinatLOrt givsng me caiise to believe that in any Inaterial respect..
accounting r￿ordS were not kept ii) respect of thc Trusi as r¢quired by Section 130 of th¢ Act-, or
tlie SLCCOUlits do not accord i¥ith Ihose r¢¢oTds-, or
Ihe accounts. do ii(>l coinply witli Ilie &ppli¢able rcquireinciity ¢oiic¢min8 thc forim and Lonl¢iJt of a¢¢ounts set
Dut in tlic Cliarities IAccoLiiils ond Report%) RegLilatioiis 2008 other Ihun any requirement tlial the accounLE give
a Irue ond fair view wl)ich is not a m8ltcr consider¢d as parl of an independent exAininaliun.
I have no conc¢ms and have come acro$s no other matters in conncctlOA Wlth the examinAtion lo which attention ¥huuld
b¢ di8wN iii tliis report iii ordvr 10 ¢nobl¢ o propel. undcrslan(Jing of th¢ accouiits io b¢ re8chcd.
Colin Ellis FCCA CF
ansleybond
1-2 Cliarterliou5e Mews
Loi)don
ECIM 6BB
Dttt¢'.
Pag¢ 3

The Sav4g¢ Club Benevolent Fund
Statomont of Financial Aetivitics
for the year ¢nd¢d 31 December 2024
2024
Unreslricted
fund
2023
Total
nds
Notes
INCOME AND EWDOWMENTS FROM
t)onations and legacies
1,329
967
Investm¢nt income
23.774
23.465
Tot*1
25.103
EXPLI NDITURE ON
Raising fund¥
Lnv¢slm¢nt management costs
2.282
2,282
2,194
ChArltable Acdvlties
Governaii¢¢
Grgiils to individvaly
Support co%ts
I,so
3,250
4.616
Other
3,424
Total
14.565
Net gain￿[lasses) on ii)vestinei11$
183701
NET INCOMEIIEXPENDITUREI
13,589)
2,726
RECONCILIATION OF FUNDS
Total funds brou¥hi forward
492.091
489,365
TOTAL FUNDS CARRIED FORWARD
488 502
492,091
The notcs forn part of these fjnancial statements
Page 4

The SAvAge Club Benevolent Fund
Balance Sh¢et
31 December 2024
21)24
2023
Toial
funds
UnrLslriLl¢d
fund
Notes
FIXED ASSETS
liivt4imcni4
450,852
442.721
CURRENT ASSETS
Dcbiors
Cash at bank
840
42,811
840
53.030
43,651
5.1,870
CREDITORS
Ainounl% lalling due w'ithin one year
16.0011
14,5001
NET CURRENT ASSETS
37.650
TOTAL ASSETS LESS CURRENT
LIAIIILITIES
488,502
492.091
NET ASSETS
4XX 502
492.091
UnrL%iri¥t¥d fund%
4%8.5Q2
TOTAL FUNDS
488,502
492.agl
The tinancial *1otemenl% were #pproved by the Board of Tru%te¢s aiid auihorised for issue ON
and were sigiied on 11% behall'by..
ancti
TnJ$lcc
S Arin5lroi
Trll8lce
The note5 fom part of these firtancial statem¢nts
Page 5

The S￿v￿ge Club Benevolent Fund
otes to the FinnRci21 st￿tel￿ents
ror fho ytxr ended 3] Dctcmber 2024
ACCOUNTING POLICJES
Basis of preparlng the flnancial slatement5
Thy financial slalemenls of tlie charity, whicli is a publi¢ b¢nefit ￿ltItY under FRS 102. hav¢ been prepared in
accordance with the Charilies SORP IFRS 102) 'Ac¢oiiThting and Reporting by Charitics-. Sialemeiii of
liecommended Pr&ctic¢ Lpplicable io charitles prepaTing their ac¢oiints in aLcurdance with the Financial
R¢porting Standard applicable iji the UK And R¢public of Ireldnd IFRS 1021 {eff¢ctive l Janiiary 2019).,
Finajicial Reporting Staiidard 102 'ThE FiE]aiicial Reporting Stat)1Sard applicable in th¢ UK And Republic of
Ireland, and the Charities Act 2011. The financial $tat¢inenls have b¢¢n Prepared under the hi5torieal Cost
coiiventioii, with tlie ex¢eption of investments whicli artr included at inarket value, as modified by the
r¢valuaiion of certain assels.
Taxatln
The cl)arity is ¢xempt from tax on ils ¢liaritabl¢ aclivilies.
Fund gccouttting
Uiirestricted funds cali b¢ used itt aecordance with Ihe ehAritabl¢ objwtives at the discrelioji of the trust¢¢s.
Restri¢led Ojnds caii only be used (or particular IvJlri¢ted pulp05￿ wiihitt the objects of the charity.
Restrictioiis arise wh¢ii specified by th¢ donor or wlien fuiids arc raised for parli¢ular r¢siricled purp05e5.
Ttlier oxplanalion of the L)aiure and putpos¢ of ￿ell fund 18 iiicluded in ilie notes lo tlie financial slalemcnL6.
INVESTMENT INCOME
2024
2023
Other fixed 83s¢I invest - Fll
Deposit accoui)l inkrest
23,720
54
23.404
61
INVESTMENT MAIYAGEMENT COSTS
2024
2023
Portfolio InBn&g¢mertt
TRUSTEES. RCI MUNERATION AND BENEFITS
There were no Iru5tces' remuneratiiirt or other benefits for the year ended 31 De¢eiiib¢r 2024 nor for the year
cnded 31 De¢ember 2U23.
Trustee$, expcns¢s
TII¢Te were iio trusiees, ¢xpenses paid for the year eiided 31 Deceinber 2024 nor for the year ended
31 December 2023.
Page 6
continued...

The Savage Club Benevolent Fund
Notcs to th¢ Financial St#t¢ments- continued
for th¢ y¢ar ended 31 Dteemb¢r 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
2023
INCOME AND ENDOWMENTS FROM
Donalioi)s and l¢ga¢ies
967
Investm¢nt ID¢¢)me
23,465
TotAI
EXPENDITURE ON
Ralslng fund5
Inves¢m¢nt mana8¢illent C051s
2,194
2,194
Chorltoble o¢ilvltle$
Governanc¢
tirLnt5 10 iiidividuals
Support costs
1,500
3,250
116
other
Totol
Net galil￿(loSSeSI oil ii)veslm¢nls
NET INCOME
2,726
RECONCILIATION OF FUNDS
Total fund5 brDuglil forward
489,365
TOTAL FUNDS CARRIED FORWARD
492091
IIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At l Jonuary 2024
Addi¢iOIIS
Disposals
Revaluations
442.721
40,869
{44.878)
12.140
At 31 December 2024
450,852
NET BOOK VALiIE
At 31 Deceinber 2024
450.852
At 3 l Dcccmber 2023
442,721
Page 7
continued..-

The Savage Club Benevolent Fund
Notes to tb¢ Fin#nclAI StAtcments- Continued
for tht ycjr ended 3] D¢¢¢mber 2024
FIXED ASSET INVESTMENTS- eontlnued
Tliere were no invesljment assets oulside tlie UK.
Cost or valiiation at 31 tkc¢mb¢r 2024 is representod by-.
Listed
inve5ttnellts
Valuation iii 2018
Valuaiion in 2019
Valwdliuii in 2020
Valuaiion in 2U21
ValLialion in 2022
Valiiation in 2023
VuluatioiJ ii) 2024
524,923
131,727
(169.031)
144,384)
126,651)
26,137
450 852
DEBTORS: AMOUNTS FALLING DUF WITHIN ONE YEAR
2024
2023
Other debtors
840
840
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
MOVEMEI4T Ir4 FUNDS
Net
mi?vcrnent
in funds
Al
31.12.24
Atl.1.24
Vnrestrlcted fund
Grn¢ral fiind
492,091
{3,5891
488.502
TOTAL FUNDS
492091
3.589)
488,502
Nei movement in fuiids, included in tlie *Lbove are as follows.
Incomi
resourccs
Resourc¢s
exp¢nded
Gaiiis and
losses
MovcTn¢ni
in funds
Unrcstrl¢ted funds
Gener81 fiind
25,103
(10.322>
(18.370)
13,589)
TOTAL FUNDS
25,103
(10.322}
118,370)
{3,5891
Page 8
¢ontinued...

Tbe Savage Club Benevolent Fund
Notes to the Fin#nei#l St2t¢monts- continued
for the year ended 31 December 2024
MOVEMENT IN FUNDS- cont5nuÉd
Comparatlves for movement in fund5
Net
Imovement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
Geiieral fujid
489.365
2,726
492,091
TOTAL FUNDS
489,365
2,726
492.091
CoinpaTativ¢ iici Inov¢ment in funds, included in ilie above arc as follows..
In¢oniing
resoiirces
R¢sources
expLnded
Gains And
losses
Mov¢ineni
in fund¥
Unrestrlcted funds
Gcn¢ral fund
24,432
(14,565)
(7,141)
2,726
TOTAL fi UNDS
24.432
14 565)
A curr¢iit yeAr 12 rtiontlis aiid prior year 12 Inonihs ¢oinbincd po$itioi) is as ftsllows..
Net
rnvvcn*nt
in fund5
At
31.12.24
At 1.1.23
Unrestrlcted fund$
Gcnoral fiind
489,365
(863)
488.502
TOTAL FUNDS
489,365
488 502
A Gurreiit year 12 Inoiitlis aiid PTior year 12 monihs combined iiet Inovem¢nt in funds. ihcluded ITh th¢ above are
a$ follDWS'.
Incomihg
rcsourccs
R¢soiirces
expend¢d
Gains and
Ios5eS
MovcmcTht
in funds
Uttrestrlcted funds
Gcncral fund
49,535
(24,887)
125.511)
1863)
TOTAL FUNDS
24 887)
25,5111
863
Page 9
continued...

The Savage Club Benevolent Fund
Notes to tht FlnMneS81 StateEnents- ¢ontinlled
for the yt#r endcd 31 Deccmh¢r 2024
io.
RELATED PARTY DISCLOSt5RES
There were no related party irnnsactions for the year ended 31 DeCth￿b¢r 2024.
Page 10

The S#vage Club BeDevolent Fund
Dcfail¢d StAttmcnt ofFin14 ncial Activities
for the year endcd 31 D¢¢embcr 2024
2024
2023
INCOME AND ENDOWMENTS
Donat5ons #nd Icg•ci¢$
Donalions
1.329
967
Investment income
Other fixed asset invest- Fll
Dcposit accouiil intcrcst
23,720
54
23,404
61
23,774
TotAI irteomlng resources
25,103
24,432
EXPENDITURE
Inyestment munagement co$ts
Porifolio nianageiiieiii
2.282
2,194
Ch4rlt&ble Aetlvltles
Graiils to instiluiions
Graiits to iiidividuals
3,025
3,025
3,250
Other
Adininistrative expenK
Watchincn cxpenscs
2,824
600
6,705
800
3.424
7,505
Support costs
Bank Charges
91
116
CoYern8n¢e tosts
Accountancy ai)d le8al fees
i.s00
TotAI resour¢e5 exponded
Nct in¢ome before gAlns Iosseg
14,781
9,867
Realised r¢cognised gains 9nd losses
Reali5cd gainslllossesl on fixed as%el invcslmeTht5
30 5101
Net {expendilure)lineom¢
15.729)
17.259
This page does not form part of the stattitory finattcial statements
Page 11