REGISTERED CHAIUTY NUMBER: 221978
Tru$tees' Report •nd
Unaudited FinY4Trclal Stat•mènts
for the Y••r Ended 31 March 1024
Th• John Wllllam Lamb Charity
Clayton & Brewlll
Chartered Accountants
Cawley House
149-155 Canal Street
Nottlngham
Nottinghamshlre
NGI 7HR

The John Willi•m Lamb Charity
Contents of the Financlal Statement•
for the year ended 31 March 2024
Page
Reference and AdmInIs￿tiVe Details
Trust￿. Report
Independent examln•r'$ R•port
Statsm•nt of Fln•ndal Actlvltle
Balan¢e Sheet
N¢Jte&T to the Flnandal St•t•m¢nts
7 to 10
D•tailed Stat•m¢nt of Flnandal Actlvltlea
li

Th• John Wllllarn Lamb Ch•rlty
R•ferenc• and Administratlve Det•ll$
for the year ended 31 Murch 2024
TRUSTEES
MrAM Nall
Mrs A Murray
Mr R A Hodge
PIUNCIPAL ADDRESS
Nottlngham5hire Communlty Foundatlon
Ash House, Ransom Wood Busine55 Park
Southwell Road West
Mansfield
Nottlnghamshl
NG21 OHJ
REGISTERED ¢HARrrY
NUMBER
221978
Z14DEPENDE14T EXAMINER
Clayton & Brewlll
artered Attountants
Cawley House
149-155 Cènal Street
Nottlngham
Nottlnghamshlre
NGI 7HR
Page I

The John William Lamb Charlty
Trust•ès' Report
for th• ye•r ended 31 14arch 2024
The trustees present their report wlth the fi'nanclal statements of the charlty for the year ended
31 March 2024. The trustees have adopteil the provlsions of Accountlng and Reportlng by CharStles.'
statement of Recommended Practlce applicable to charitie5 preparlng thelr accounts In a¢¢ordance with
the Flnanclal Reportlng Standard applicable in the UK and Republlc of Ireland IFRS 102) (effertive I
january 2019).
OBJEcfivES AND ACTIvrrrES
Objectives and actlvltle*
The Cha￿ty'S actlvlty Is to provlde annultles and other benefits for elderly and needy persons, and to
appoint a vlsitor to watch over the welfare of the annultants. Durfng the year untler revlew annultles
totalllng £7,100 were paid to the beneficiaries, together with £630 In grants for household pu￿haSe5 and
utility rosts.
Publ1¢ benellt
The trustees conflrm that they have consIde￿d the Commlsslon's guidance on publlc benefit when
vlewing the cha￿ty,$ objectives and actlvitie5.
ACHIEVEMENT AND PERFORMANCE
Charltable actlvitl¢$
The truste*s report that at the end of the 2023124 flnanclal year a total of 11 beneflclades have received
a va￿etY of benefits indudlng regular annuities, together wlth 2 beneficlarles receivlng vlslts from the
support worker.
In ottober 2023 a target was set to have 20 beneficiarfes at the end of 2024. To date there are 16
beneficiaries, wlth five new beneflclarles havlng been found, although tsvo beneficlaries have sadly passed
away In recent months. A tar9et of 17 benefitiarie5 for 2024 would be satlsfattory.
Bulldlng on the eX￿1]ent work of the support worker the charlty wlll seek to find additlonal beneflclaries
In the fijture.
FINANCIAL REVIEW
FinaTrc5al posltlon
The Statement of Financial Actlvltles on page 5 shows net Income for the year of £2,699 compared to net
expendlture of £4,676 In the prevlous year. The indivldual incorne and expendSture figures. shown on
page 10, were mostly slmllar to those for the prevlous year, except for an increase In Investment income
of £3,117, and a significant decrease of £4,294 In portfolio management fees as no charge5 have, as yet,
been ralsed by the new Investment managers.
There were unrealLsed Investment losses of £4,635 12023.. £50,191), and a loss on the dlsposal of
Investments of £13,401 12023: £6,383). glvlng an overall deficlt for the year of £15,337 12023:
£61,250>.
R•#•rves pollcy
It 15 the pollcy of the Charity to malntsln resènfes whlch provlde sufficient funds to cover twelve months
of management, admSn15tratlon and 5UPPOrt costs. Thls was still easily achleved with the balance of
unrestrlctèd fiJrTrds at 31 March 2024 belng £1,015,56812023'. £1,030,905).
STRUCTURE, GOVERNANCE AND MANAfjEMEf4T
Governing docum•nt
The tharity Is controlled by Its governlng document, a deed of trust and constltutes an unincorporated
chadty.
The tharity was formed under the will of the late john Willlam Lamb who died on 21 June 1916.
charity constituted by the will Is managed and admlnlstered a¢¢ordlng to the Scheme dated 31 January
1922, as amènded 28 November 2000. as amended by orders dated 15 August 2Q03, 13 December 2004
and 4 Marth 2005. The management of the charlty Is vested In the body of trustees.
R•crultment and appolntment of new trust
The exlstlng trustees have the power to Jppolnt new trustees by the passlng of a resolutlon at a meetlng
of the trustees. New trustees are recruited from Indlviduals already known to existing trustees, and are
requlred to slgn a declaratlon of acceptance of offlce In the minute book.
Page 2

The John Wllllam L•mb Charlty
Trust•ts' Report
for thé year ended 31 March 2024
srRucfuRE, GOVERNANCE AND MANAGEMENT
Or9anlsatlonal $tNrture
The trustees meet three tlmes a year to agtse the broad strategy and areas of actTvity for the charlty,
Induding the consideration of potentlal new beneficlarles and the grantlng of addltlonal fundlng for
household purchases. The day to day administration of the charlty is delegated to Nottlnghamshire
Community Foundation, wlth the welfare of annuitants being monltored by the charlty's support visltor.
Rhk management
The trustees have a duty to Identlfy and revlew the rtsks to whlch the chartty Is exposed and to ensure
approprlate contro15 are In place to provlde reasonable assurance against ftBud and error.
Approved by order of the board of trustees on
by..
and Signed on its behalf
K (¢VK
Mr
Nall - Trustee
Page 3

Xndependent Examin•e¥ R•port to the T￿ste¢S of
The John Wllllam Ljmb Charlty
Independenl examln•V8 report to the truste￿ of Th• John Wllllam Lamb Charfty
I report to the charlty tnJstee5 on my examlnation of the accounts of The John William Lamb Charity {the
Trust) for the year ended 31 March 2024.
Respon*ibilltl•s and basis of report
As the charity trustees of the TnJst you are responslble for the preparatlon of the accounts In accordance
with the requirements of the Charlties Act 2011 I'the Act.).
I report In respect of my examination of the Trust's accounts carried out under Sertlon 145 of the Act and
In carrying out my examinatlon I have followed all appllcable Direttions glven by the Charoty Commisslon
under Settion 145(5){b> of the Act.
Independent •xamirber's •tatsment
I have completed my examlnation. I conflrm that no motertal matters have come to my attentlon In
connettion with the examlnatlon glvlng me cause to believe that In any materlal respert:
accountlnq records We￿ not kept In respert of the Trust a5 required by Sertion 130 of the Act; or
the accounts do not accord wlth those records,. or
the accounts do not comply wlth the opplicable requirements concernlng the form and content of
ccounts set out In the Charttles (Accounts and Reports) Regulations 2008 other than any
reqU1￿ment that the accounts give a tme and fair vlew whlch Is not a matter consldered as part of
an Independent examlnatlon.
I have no con¢ems and have come across no other matters In connettion with the examlnatlon to whlch
attentlon should be drawn In thls report In order to enable a proper understandlng of the accoLtnts to be
reached.
D Perry
Clayton & Brèwill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottlnghamshlre
NGI 7HR
Date:
Pagè 4

The John Wllllam Lamb Charfty
Statement of Flnanclal Activitres
for th• year •nded 31 March 2024
3113124
Unrestrirted
fund
3113123
Total
fijnds
Notes
INCOME AND ENDOWMENTS FROM
Investment Income
28,842
25.725
EXPENDITURE ON
Ralsing funds
2,904
7,198
Charitabl• actlvlties
Expendlture on charltable artlvltles
Other expendltu
15,349
7,890
14,481
8,722
Total
26,143
30.401
Net gèins/(losses) on Investments
(18,036)
(56,574)
NET ZNCOME/(£XPENDmiRE)
(15,337)
(61,250)
RECONCILuTfoN OF FUNDS
Total funds brought forward
1,030,905
1,092.155
TOTAL FUNDS CARRIED FORWARD
1,015,568
1,030.905
The notes form part of these financlal statements
Page 5

The John William Lamb Charlty
Balan￿ Sheet
31 March 2024
3113124
3113123
Total
fvnds
Vnre5tricted
fund
Notes
FIXED ASSETS
Investments
1,006,816
990,897
CURRENT ASSETS
Cash at bank and In hand
11,855
44,865
CREDITORS
Amounts falllng due withln one year
13,103)
{4.857)
NET CURRENT ASS￿5
8,752
40,008
TOTAL ASSETS LESS CURRENT
LIABILMES
1.015.568
1,030.905
14ET ASSETS
1,015,568
1,030,905
FUNDS
Unrestrltted funds
1.015,568
1,030,905
TOTAL FUNDS
1,015,568
1,030,905
Th finanelal 5taternents were approved by the Board of Trustees and authortsed for issue on
6th?kf.. ￿￿,.......... and were signed on Its behalf by:
K(6L
MrAM
Trustee
The notes form part of these financial statements
Page 6

The John Wllllam Lamb Charlty
Not•s to the Fln•ndal St•tements
for the year •nded 31 Narch 2024
ACCOUNTING POLICIES
Ba$ls of preyring the tlnan¢ial statements
The financial Statements of the charlty. whlch Is a public benefit entity under FRS 102, have been
prepared in accordance with the Charltles SORP {FRS 102) 'Accountlng and Reportlng by Charitles..
Statement of Recommended Prartice applicable to ¢harftles preparfjng thelr accounts in accordance
with the Flnancial Reporting Standard applicable in the UK and Republic of freland {FRS 102)
(effectlve l January 2019),, Financial Reportlng Standard 102 'The Financial Reportlng Standard
applicable in the UK and Republic of Ireland, and the Charltles Att 2011. The flnancial statements
have been prepared under the hlstorlcal cost conventlon, wlth the exceptlon of Investments whlch
are Induded at market value, as modified by the revaluatlon of certain assets.
Income
All income 1$ ￿CognISed in the Statement of Financial Artlvltles once the charlty has entitlement to
the funds, It is probable that the Income wlll be ￿ee1ved and the amount can be measured reliably.
Interest on fijnds held on deposlt Is included when rtcelvable and the amount can be measured
rellably by the ¢harity= th15 Is normally upon notlfication of the Intèrest paid or payable by the
bank. Divldends are recognlsed On￿ the dlvldend has been declared and notification has been
re￿IVed of the divldend ¢Jue.' this Is normally upon notiflcation by our Investment èdvlsor of the
dlvidend yleld of the investment portfolio.
Expendlture
abllities are wognlsed as expenditure as soon as there is a legal or construrtlve obllgation
committing the chartty to that expenditure, It Is probèble that a transfer of economlc benefits wlll
be requlred In settlement and the amount of the obllgatlon can be measured rellably.
Expendltvre Is recognlsed on an accrua15 basls as a Ilability Is incurred. Management and
admlni5tration expend1￿￿ comprlses all costs incurred in runnlng the charlty whlch are all deemed
to ￿late to the charity's prlncipal artivlty.
Grants offered subject to condltlons which have not been met at the year end date are noted as a
commltment but not accrued #s expendlture.
Charftabl• •rtlvlti*s
Charltable expendlture comptises those costs incurred by the charlty In the dellvery of its actlvltles
and services for Its benefidarles. It Includes both costs that can be allocated dlrectly to such
actlvltles and those costs of an Indirect nature necessary to supptsrt thern.
Taxatlon
The chartty Is exempt from tax on its dMritable activltles,
Fund actountlng
All fijnds are unrestrlcted and can be used in accordance wlth the charftable objettives at the
dlscretlon of the trustees for the purposes lald down In the Trnst Deed.
Cash and ¢ash ￿￿1Valents
Cash and cash equlvalents comprlse cash on hand and call deposlts and a￿ held to meet shvrt
temi commltments as they fall due rather than for Investment purposes. They are readlly
convertlble to a known amount of cash and are subject to an Inslgnlficant rSsk of change in value.
Fixed amet investments
Fixed asset Investments, other than programme related Investmerts, are included at market value
at the balaTr￿ sheet date. Reallsed gain5 Jnd losses on investments are calwlated as the
dlfference between sales proceeds and their market value jt the start of thè year, or thelr
subsequent cost, and are charged or credited to the Statement of Flnanclal Actlvltles In the period
of dlsposal.
Unrealised galns and losses represent the movement in market valLTres during the year and are
credited or charged to the Statement of Flnanaal Actlvlues based on the market value at the year
end.
Page 7
contlnuèd...

The John Williarn Lamb Charlty
Not•$ to the Flnan¢lal Statements - contlnued
for the year ended 31 March 2024
ACCOUNTING POLICIES- continued
Falr valve m•••ur•m•nt
The best evldence of falr value is a quoted price for an identical asset in an actlve market. When
quoted proces are unavallable, the price of a recent transartlon for an identlcal asset provide5
evldence L)f fair value as long as there has not been a 5ignlficant change In economlc
clrcumgtsnces or a slgnlflcant lapse of time since the transaction took place. If the rna￿et Is r￿t
active and recent transartions of an Identlcal asset on their own are not a good estlmate of falr
value, the falr value Is estimated by using a valuation technlque.
Gr•nts and •Thnultlés
Grants and annultles are payments made to third partles In the furtherBnce of the chartty's
obJectlves and are accounted for when they are pald.
INVESTMENT INCOME
3113124
3113123
Income from investments
Interest re￿1vable
27,892
950
25,286
439
28,842
25,725
RAISING FUNDS
Investm•nt man•9ement costs
3113124
3113123
Portfolio management
2,904
7,198
SUPPORT COSTS
Management
Flnanee
Totals
other expendlture
5,696
2,194
7,890
Support costs, Induded In the above, are as follows:
Manag•mont
3113124
Other
expendlture
3113123
Totol
artlvltles
Insurance
Recrultment c¢sts
Computer Expenses
Admlnlstration fees
534
529
209
1,578
4.461
1,008
4,154
5,696
6,777
Page 8
continued...

The John Wllll•m Lamb Charlty
Note$ to the Finan¢l•l Statemants- contlnu•d
lor th• y••r ended 31 March 2024
SUPPORT COSTS - contlnued
Flnanc•
3113124
other
expendlture
3113123
Total
actlvltles
Attountancy
Accountancy - Independent
Examination
Bank charges
1.000
1,000
1,092
102
1,038
116
2,194
2,154
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, ￿mUneratIOn or other benefits for the year ended 31 March 2024 nor for
the year ended 31 March 2023.
T￿st•eS. expenses
There were no tnjstees, expense5 pald for the year ended 31 March 2024 nor for the year ended
31 March 2023.
FIXED ASSET INVESTMENTS
Llsted
Investments
MARKET VALUE
At l Aprfl 2023
Additions
Dlsposals
Revaluatitsns
990.897
1,011,451
(990,897)
(4,635)
At 31 March 2024
1,006,616
NEf BOOK VALUE
At 31 Narch 2024
1,006,816
At 31 March 2023
990,897
There w*re no Investment assets outslde the UK.
Cost or valuatlon at 31 March 2024 Is representsd by:
Listed
investments
Valuation In 2024
1,006,816
Page 9
contlnued...

The John Wllllam Lamb Ch•rity
Note$ to the Flnanclal Statements- continu•d
for the yo•r •nded 31 March 2024
CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
3113124
3113123
Other credltors
3,103
4,857
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 10

Th• John Wllllam Lamb Charlty
D¢talled Statement of Financlal A¢tlvltle$
for the yewr end¢d 31 March 2024
3113124
3113123
INCOME AND ENDOWMENTS
Inv••tmeTrt Income
Income from investments
Interest recelvable
27,892
950
25,286
439
28.842
25,725
Totsl incomlng resouKe$
28,842
25,725
EXPENDrnIRE
Inv•*tm•nt management costs
Portfollo management
2.904
7,198
Charitable actlvitles
Vlsitor fees and expenses
Visitor and volunteer 9lfts
Annultles
Grants to Indlvlduals
7,419
200
7. 100
630
6,281
7,525
466
15.349
14,272
Support costs
Management
Insurance
Recruitment costs
Computer Expenses
Administration fees
534
529
209
1,578
4,461
1,008
4,154
5,696
6,777
Finance
Accountancy
Accountancy - Independent Examinatlon
Bank charyes
1.000
1.092
102
1,000
1,038
116
2,194
2,154
Total resources expended
26, 143
30,401
Nét Income/{expehditur¢) b•fore
9•ins and losses
2,699
(4.676)
Reallsed re¢Ogni￿d u*ins and loss•¥
Realised gain5/lossès on Investments
Unrealised gainsllos5es on investments
(13,401)
14,6351
(6,383)
150,191)
Net expendlture
115,337)
(61,2501
This page does not form part of the statutory flnancial statements
Page 11