SIR ALEC BLACK'S CHARITY ACCOUNTS for the year ended 12 APRIL 2025 SIR ALEC BLACK'S CHARITY Accounts for the year endgd 12 APRIL 2025 INDEX Page Trustees Report Independent Examiners Report Statement tsf Assets and Liabilities Receipts and Payments Account SIR ALEC BLACK'S CHARir year ended 12 APRIL 2025 Trustges, Rgport The Trustees present their annual report and the accounts for the year ended 12 April 2025. Referen¢e and Adrnlnl¥tration Detslls Registered Charity Number 220295 Trustees J N Harrison S Wilson Dr D F Wilson M Parker OBE P A Harrison (appointed 15 May 20241 Address 27 Osborne Street Grimsby North East Lin￿lnshire DN31 1NU Secretaries and Accountsnls RNS Chartered Accountants The Poplars Bridge Street Brigg North Lincolnshire DN20 8NQ Bankers National Weslminsler Bank plc PO Box 200 Grimsby North East Lincolnshire DN31 3XA Solicitors Wilkin Chapman Rollits LLP Cartergate House Chantry Lane Grimsby North East Lincolnshire DN31 2LJ Stockbrokers RBC Brewtn Dolphin 10 Wellington Place Leeds LS14AN Independent Examiner J P Heeney FCA RNS Chartered Aecountsnls 50-54 Oswald Road Scunlhorpe North Lincolnshire DN15 7PQ Stiucturo. Govornance and Management Governing Document Order of the High Court of Justice. Chancery Division dated 3 April 1959 Constitution Trust created by the wtll of Sir Alec Black who died on 28 JL*ne 1942 Appointment of Trustees By resolutton of the existing trustees Page 1 SIR ALEC BLACK'S CHARITY Trustees. Report- contlnued Objectives and Activltles The primary purposes of the Charity are.. the purchase of bed linen and down pillows of the finest quality and their distributs'on to charitable organisations which care for the sick and infirm the provision of pensions and grants to persons employed by Sir Alec Black dunng his lifets.me the benefit of sick. poor fishermen from the Borough of Grimsby The secondary purpose of the Charity is for the benefit of sick poor persons resident in the Borough of Grimsby. The ultimate purpose is for the benefit of sick poor persons resident anywhere in the United Kingdom. The trustees confirm they have referred to the gltidance contained in the Charity Commission's general guidance on public benefit when reviewing the ch8rity's aims and objectives and in planning future activities. Achievements and Perfomiante DLtring the year the Charity has met these purposes by.. providing bed linen to 27 charitable organisalKJns making grants to 58 sick poor individuals making grants to 3 or9anisalion lo assist irs supporting sick poor individuals Financlal Roview The trustees, policy on reserves is lo preserve capital by retaining and reInveSt￿ng the proceeds from any income producing assets and to distribute each year the balance of income arising after provision for all known revenue expenses. The accounts for the year to 12 April 2025 have been prepared on the receipts and payments basis in accordance with relevant legislation and wmprise a statement of assets and liabilities al that date together with a receipts and payments account for the year. There is an excess of receipts over payments for the year 8fTTrounting lo £64,581.59 which has been added to the cash funds brought forward lo leave a balan￿ of cash funds lo carry forward at the year end of £142.755.33. RBC 8rewin Dolphin manage the quoted investments on a discretionary basis and provide advice to the Iruslees. These investments have performed satisfactorily in the year. Fees paid in the year for accountancy and administrative services lo RNS Chartered Ac¢ountanls, 8 fimi of which S Wilson, one of the tnjslees, is an employee amounted lo £12,500 plus VAT. J P Heeney, a partner of RNS Charte￿￿ Accountants, has continued to act as Independent Examiner for the Charity. On Behalf of the Trustees J N Harrlson Chalnnan 25 November 202S Page 2 INOEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE ACCOUNTS OF SIR ALEC BLACK'S CHARITY I report lo the charity trustees on my examination of the accounts of the ch8rty for the year ended 12 April 2025 which are set out on pages 4 and 5. R08ponslbllitios and ba$ls of rnport As the charity's twstees you are responsible for the preparation of the accounts in accordance with the Charrties Act 2011 {'Ihe Acl'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out rny examination I have folknwed all the applieable Directions given by the Charity Commission under section 14515llbl of the Act. Independent oxaminof s statement I have completed my eXaminat￿n. I confirm that no material matters have come to my attention in ¢onneclion with the examination giving me cause to believe that in any material respect.. acwunts.ng records were not kept in respect of the charity as required by section 130 of the A¢t', or the accounts do not accord with those records I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. J P Heeney BA IHon$l FCA RNS Chartered Accountants 50-54 Oswald Road Scunthorpe DNI5 7PQ 2 December 2025 Page 3 SIR ALEC BLACK'S CHARITY STATEMENT OF ASSETS AND LIABILITIES at 12 APRIL 2025 2025 2024 ASSETS Investmènts British funds and corporation stocks Imarkel value £ - I 310,946.23 Stocks and shares of United Kingdom and overseas companies Imarket value £2,840,840) 2,610,776.42 2.122,650.39 Freehold ground rents 296.97 395.96 2.611.073.39 2.433,992.58 Debtors 1,439.91 Cash Funds Stockbrokers caprtal aeeounl Stockbrokers Income account Bank CLtrrent a¢¢ounls 27.765.27 6,531.S3 108,458.53 34,956.13 1,561.38 41,656.23 142.755.33 78,173.74 2,753.828.72 2,513,606.23 CURRENT LIABILITIES 40,626.91 9,900.00 £2.713.201.81 £2,503,706.23 The a¢¢ounts were approved by the trustees on 25 November 2025. J N Harrlson S Wllson Dr D F Wllson Parker OBE P A Harrison Page 4 SIR ALEC BLACK'S CHARITY RECEIPTS AND PAYMENT ACCOUNT yearondod 12 APRIL 2025 2025 2024 Rec¢lpts Gross interest on Brrtish funds and Corporation stocks 7.754.85 13,063.28 Dividends on stocks and shafes of United Kingdom and ovefseas companies 78,685.34 78,917.26 Ground rents 20.88 20.88 Stockbrokers interest 1.466.84 695.76 87.927.91 92,697.18 Sale of investments 1,230,267.67 597,457.10 1,318,195.58 690,154.28 Payments Secretarial and accountancy services Independent examiners fee Bank charges Stationery Stockbrokers fee Trustees travelling, meeting and general expenses 15,000.00 900.00 12.00 114.00 19,240.50 15,000.00 900.00 18,238.12 6,871.80 42.138.30 5,838.35 39,976.47 1,276.057.28 650.177.81 Pu￿h¥Se of investments 1,154,878.75 529,451.15 121,178.53 120,726.66 Charitable Disbursements Bed linen and down pillows for charitable organisations Sick, poor persons and organi$alion$ supporting such individuals 27,690.29 87,395.81 28 906.65 56,596.94 50,193.78 137.589.59 Net Re¢elptsl{Payments) 64,S81.59 116,862.931 Cash Funds 13.Od.24 78,173.74 95,036.67 Cash Funds 12.04.25 £142.755.33 £78 173.74 Page S