Joseph Brough Charitable Trust
Annual financial statements
for the year ended 31 March 2025
Registered Charit￿ INumb¢r 227332

Joseph Brough Charitable Trust
Annual financial statements
for the year ended 31 March 2025
Contents
Tru%tee and adTriser% for the year ended.I I IIdrLh 2025.
Trusl¢¢'s Annudl Repurt fur the Near endeJ.I l March 21)25........................................................................
IndyndLni Lxamin¢r% replbrt tu the'l rustee L)t'Ju5eph Brough Chdriiable'Frus1..............................................
SLtlern¢nl uf fIn￿lIa1 a¢tiiilies for the year endcd 31 fvfarch 21125.................................
Balancc sheci a% at 31 MarLh 20?5........
Noteb Iv tht financial slaiements for the > endtid 31 March 2O25................................................................-.

Joseph Brough Charitable Trust
Trustee and advisers for the year ended 31 March 2025
Trustte
C.oninJunitv l.-ounddlion Nutth Ea51
BaDkers
-IL)Ndq Ilunk plc
CJfL'> 8tiLit Ilranch
10? Circv Street
NewiJ%il¢ upun'lyne
NE.,99 ISL
Independeknt Eiaminer
Simibn [3r0￿￿ B.4 .4C.'A DCh.4
Ai.¢ts.4udii services
Bulnidn
IILgeiit Lcntre
CJti%f(Jrth
Ne￿L￿$11t ur()n"lyne
NE3 3LS
Inwe$tment Manager
CCL.Q InNestmeni ilanagLment Limiicd
On¢ Angel L￿L
l.ondon
F.L4R 3IlF5
Principal nffite
PhilanihrLbP! Hoiise
Wvu(Ibine Road
Oi)%fc)rth
Newca%tlc upon Tjne
NÈJ IDD

Joseph Brough Charitable Trust
Trustee's Annual Report for the year ended 31 March 2025
'[ hl foll1)wi￿) infDmati(In ab()ut Ihe tinanLidl ¢nded 31 fv(￿Lh 21)25 15 PTesenlcd in the fu￿ Tequircd b
the Ch￿11) Commi.%%i<)n dnd 1,% iii acci)rdancL' M'Trth.4ccounting and RL'W)riin¥ b) ch￿1[￿L￿.. Siai¢mthi or
ReLomnJenJeJ l¥aitiie150RPI, 2019.
Structurtl governance and manag¢ffjtnt
The Trusi 1% g()i"emed by a Dccd nf I ru%t Jatcd 6 1)LThmbL'T 1940 anLI is a re81StLred Lli¥riii ILharii¥ number
2?73321. li a corpL)rdi¢ TrusteL. the Cc)mmuniti" Foundation Ni)rth l..ast. l)ctsil.s ofg(Tri'crnance and
managLmLiit regarding Ihe Trubtee I￿)ard LXLtutii'e v(fii¢rs Ot Ihe Éroup ian be fuund in the financial
5tst¥mcnts of the I ru5tLr. I hc C'hariiy is r¢gi8i¢red in the Uniled King(bm.
Objectil'es attivitje5
.1 lic objLLllI'CS cTrl'ihL'I rust w¢ to proi'idL bir&nis Iv Ch￿ilable or¥?anjuiion5 hclping pwple in ￿e¢d in thc
hi8iari¢ ¢ountics OIXI 'OrthumbLYlrfind aiid l)urham ILurrenilN NonhumbeildniL & Il"Ldr, D￿rhJM dnd
ofciLvelanJ). It giK¢s plloriiv 10 appL￿5 linkcd lo (he Mqtih(Trdi£i Church, as thL 4Crtlor was an aLllVe
hl¢ihLMJis1. and thruuL¥h BrL)ugh BenLI'oleni AssLivialion a150 hLlp% A IJTgc numbcr (>f indi￿lJu￿]E in nced.
Durin¥ the ylar 6 Lhariiies ()r c)rgdni%ations hdl"L' Eenefil¢LI fruni girdtjis IrvEn Jos¢ph Brough C.hariiablL'I-rusl
iih total granis awardcd ot'£4_1,933. 'Ihc da} to day tunning ol'ihe ch￿Il¥ Ib LthieEI oui bj ils Trustee
duTin&7 thL vear the Lhatit) paid £5.OIN) Il) ILS"I rustLC lor admini%tTatinn Co￿ts.
'] he Jo%¥ph ljruugh C'haritdble Tru%¢ exis15 OPLfdles for the public benefit. Thruugh its grantmaking it
orks to hLlp pc()plL in nL*41 in ihL hi_%tc)rii couniies as dL'SLriTr￿ aboi'e. ThL Trn%iee LUnr￿nn5 that it h&$
r¢l¢TrLJ ￿ IhL gyuidance pr￿lub¢￿ bv ihc charit￿ ('.()mrni.fision Dn publiL hcn¢fit when rei th¢ Chdrity's
aim4 and Obj¢¥11￿¢5 ￿1￿ in planning lulure itie% and grdnlmaking and i% SaLisfiLd that thc rcqUtreML￿ts
haic bcLm lllCI.
A¢bi¢}e￿ellts perfonnallce
l)urin8 thL linanLial )¢ar ¢ndLQ 31 MarLh 2025 the T￿￿tee £43.933 ofnw¥ grants. ￿"bICh arL li%ted in
Note 5 of thc tinanLial %iai¥TnLnts.
lllvestmtol poli¢v
I"hL trusi deed pri)i'idts poii'er ot. inleslTllL￿t and the d8%Ll% ()f the I"rust arL inNLsILd bv Ihe invesimenl
tnanagers i¥liv dt Ihe ) ear ¢nJ iierL' (CLA In￿estment ￿IanageMtsrtt l.imircd. Ihc Tru%iL'¢ uppoinL% an
Ini'L%trneiit (AimmitlCL mddL' up nl'dir¢Liofs LTrl"CumrnuDily l.ounddtton Niirih f4bi other L()-()PteJ
mcmbirs. ThL Ini'c5tmciii C'i)mmitLLK nicct ￿lth the Ini'Lslinent tna114¢Trer5, 11SUdllN d qU￿terIN 6￿1￿,
nionitur Iheir peiliirinanL¢ Tn rLlatii)n t() & FLLogniscd charill ￿'11¢hTnark. C'lcar guiLtLlinL'% habe bcen in
rLldlii)n to iiii estmLni siralegi anJ thesc r¢*i¢M¢d b¥ thc In￿L￿[mLnt C'ommiiicL on a quartcrlv knis
or whcn ihL tn&rk¢t has been P&IrtIcul￿I) I'oldlTrle. Perlomldi)L￿ info￿atIon for the s¢&r show¢LI thc funds
d¢¢T¢US¢(I by a ioial rLitum i)f 1.46D*Tr Incli. I'he ('i)mniitttt i¥Lre cortlLnL perfvrnianLL on the fwids in lighi
ot" th¢ dilTILult [j￿￿ClaI markei ¥ondilion5.
Fith#nti41 Review
the ¥urr¢nl financial iLar, thi "I"TUSt had nLt eKpLmdiiur¢ of £7¥,866120?4'. inLvrne £!41,1351 dfter
dL'duc1iun ofinvtstment of£97.19812024". uf £214,591).
Risk ￿laD￿geMent
The TTubie¢ cNamined tb¢ major siratC?IL: bu.%lnL4s and 0[￿ratiOnal ri%k"s ￿hlih Ihc Lharii> IdLtrJ and
Lunlirnls Ihdl s> %l¢ms haie bLtJi esEthlibh¢41 ￿ LnablL regular r¢wns io bc pmducLd %() tliai thc necLssdrv
steps bc takcn t() mand&L' th¢5¢ risk
Resernes
DUL lo tlie nature of Ihe trus1 fund it i5 the p()licJ ts) p￿V ils, intyome out in want5 thcrctorc rL.%cfiL% are kept
io a minimuTll. I"hL I ruq onl) aMard.% ¥Tanlfi Ir()m iniomL diludllj recei￿¢￿. SL) althou¥Jh in¢LimL ￿111 be
r￿ULed in ihty ¢oming )'¢ur COTnmiimcnis h&￿'l noi ken made bL')und thos¢ ihal are LOI."er¢d bv inLvme.

Joseph Brough Charitable Trust
Trustee's Annual Report for the year ended 31 March 2025
(continued)
Plan5 ftsr futurt periods
Th￿ Trusici plan% li) Ll)niinuL l() u%L availablc fund.s lo proi'idc granis io chariiable oiganiutions h¢lpiDg
peuplL in n¢eJ in th¢ hi5ts)rii Lvunlies oif%onhumbLrldnd and Dtsth￿.
Siatement of the trustee's responsibilit&e$
The I ru%t¢e is rLs]y)nsiblc lor prLparing IhL Tru%tCL'% Annual Il¢tM)rt an(1 the financial 5tatcmcnt% in
wilh dppliLable LJniteJ kingFdum..ILiuunting Standards IlJnited Kingdom (ienerall>
ALLepteJ A￿oUnting Pracii¥el.
The la￿, appliLablL to iharities sn L￿¥1<￿d and li'alc5 rcquiros thL TnJ%1CLN l() pfLyaT¢ fingnLial %tstcrncnts for
finanLldl yLar whiih gil'e a true and fair % le￿ the suitr (Jf thc charit} ￿ld ot"thL inLnming
rLsuurc&E anJ ap[TrliiaLion of re50ufLes ol-IhL Lharit) lur ihdt ¥￿il￿d. In pr¢p&4rink7 these rEn￿lia1 statetllL￿tS'. thL
Tru5Lee is rLquir(yl ￿..
8elcct %uiiablL &c￿llAr1￿4 rM)lici(s and lhi￿ #ppl) thcm con5iStcntlJ-
obseriL Ihc Tncthods and prin￿1p[c8 in thL LharitiLS SC)III> 2111 g (FR% 1021.
Tnak¢ juduments and csiÉmatCS that arL rL'i%nnJble and piudcnl=
std¢ wh¢th¢r appliLabl¢ L.k ALcounting Siandard.% hap'e been r()Ili)iied, subjcLt to any rnatcrial
departures disilo*J tsnd ¢xpldiD¢d Trn lh¢ fJndnL sta￿￿cnI5'. and
prLpdrL Ihe fin￿lLIa1 %ithetnenl.% thv gyLiingF LonLtrn basis unlLs5 it is inappri)priate io pTesume thdl
the charit} M'ill LontinuL in busines5.
The'I'riistee is responsible fi)r kLeping aLwuntinD rccord% thai tirL' 4￿￿1clen1 li) thi)i¥ and cxplain thc chariii'5
tri11isaLtions dnd JisL105L wilh re￿l)ndh[e ￿l￿rdLy dl dJ)> limL Ihe fin￿lIa[ positloll of the chariiv and enJbl¢
il li) eiisure that the linaniial Stslenienls Lump1￿ w-iih ihe C'hdriii¢5 ALI 2011. the Qharil) IALLountS dnd
Repiirtsl Ilcgulation% 21Y)¥ and thc proi i%iDn ot'ihL tru81 dcL￿. It l4 alsu rl￿pOn￿1hIe IDr sat¢guarding ihe ￿5¢15
of the charit!, and hence foT iaking reabonable stcps for thc pr￿.CntIon and d￿￿lLetIc)n or rTauJ and i)thLT
Independttsi Exthminer5
ALeL%.4uJil iiys hHb'¢ inLliiai¢LI their willjiigTllCSS io conunue in otTive and d Tex)luliun LonceTning ihcir
rLappcTriiitrncnl as independent ¢xamin¢rs of the charily w211 be prowsL'Li dl the loithiumingy Annual (ieneral
Iccting.
bj
hL Twstee dnd signed L)n its b¢hdlr..
orhouse
Chair and Director for Communit) FoundatAon E#s¢
24 September 202)

Joseph Brough Charitable Trust
Independent Examiner's Report to the Member of Joseph Brough
Charilable Trust
report to the trusieoq ()n mv exgThinati()n of th¢ fJndllLial siatcmLnl ot-Ih¢ Joseph Chdriithle Trusi for
the Jear ended 3 li0312U25.
Respottsibilities and basi5 of rtport
A5 the lh￿l(>,S irusteeb, vou arL fL*wn*iblL f()F th¢ preparatiun ot-lhe a¥Lounis irt aiLurdaRLe w'ith the
requircmLnts al-die Q-harilie5 Ail 201 I I'kn¢ ALI-'i.
I report in rc%pLCt oftRv c¥arninati()n i)I'thL'I-ruEI's aLcoiintS Ldrried L)uL under seLtiL)n 145 uf thL 2011 Act and
in ca￿5 LTrUt tn) vxaminatioti, I hdk¢ fo11014'cd all lh¢ iwpliiublc DireLtIOn5 giTren b} IhL C'harity
Commission undlr 8cction 14i15iipJl ot'thL Act.
IDdepelldellt ex#tDiuer'5 Stgtem¢nt
I h￿￿e L(?mpleteJ m} &%dniinaiitsn. I confirm thai no tnalcriaI mailer% hai"c Li)mt tcl attention in connL'Ltion
iEh cxamination which giiL% tn¢ Lau5e 10 believL Ihal in. ani. nidtLrial r¢5P¢Lt:
the aiCOUnting r¢LI)rd5 Mcrl ni)t kept in acLordance ￿￿th section 130 ul'ihe Ch￿1(1¢5 ALL. or
lh¢ aLLOUllts ni)t all￿[￿1 with Ihe a¢Ltsunting rcLord%- or
the dLL()unl.s did not Lomply ¥%'ith Ihe appliLdble re4uiremLn15 conLLmillg the form and ci)ni¢nt (If
m¢L￿ul1t5. sct out thn the CharitlC51.QcLouni4 and Rewrt%l RLgulation5 2UO8 other th￿ requiretnent
that Ihc aLtrI)unLE giTre a -true dnd tair, ￿.hE￿h ttvl 4 tnatlLr considered a5 Pgrt of an indL'pLndent
e.Kdmin4tion.
hdvt no LDniems attd hai'¢ dLross nts vther tnattcrs in LvnneLti()n w.ith the L¥amination Ll) ￿hICh
attention shi)uld be in thi% rLyK)rt in order to tnablL' a proper undersi&ndiRLY of the ￿Ll}UnL$ 10 bi ttaLhLd.
Sim()n
A7m Aiidit %eTh"ic¢%
Bulman Ili)us¢
kL¥¢ni C'cntrc
Ne￿i#￿lIe upon Tyne
,rcA DChA
31.S
DatL".
"io-2s-
AietS rludsi Services is a truding natRL of A/.cts Audit SLT¥ i¥e5 Limiied

Joseph Brough Charitable Trust
Statement of fAnancial activities for the year ended 31 March 2025
Restri¢ted F,nQowtneni
fund
fund
Toi#l
2025
Total
20?4
Note
Intome and from:
lrtie.%imcrtl inctsme
67.2yi
67,295
78,812
Total income endowments
67,295
78,812
Expenditure OD=
tniesiment m￿agement Lx)sts
2,811
C.'haritable aclii'iiie5
48,963
4V),4i7
Total expenditure
48,96_1
48,963
42,268
IL05se51.'8ains on inie%ltnent a%seis
197.198)
197,198)
214,591
Ilet iJJcome/{expenditure)
18,332
197.1981
78,866
2,425,045
•41,13)
2,IS3.910
Tolal funds irougyht fi)rw,￿￿
55.597
2.309,448
Total lunds Latried r()Trwdrd
7i.929
? 27? ?50
2J46,179
?.4?5,1145
All ol-thL results. J<Yii'ed frum conunuing oreydlions..Qll g￿ll$ 10sb¢5 iwhiLh W¢Te in¢u￿¢xl in
th¥ ¢urrent ycar an(1 PTiof i¢(Ir inLludcd ulJoi"e. "lthc compuratiTrc fi8urcs lor eaih tund arc shoK*n in the
IliblLS tu the acc4)ullLS (noie 2).

Joseph Brough Charitable Trust
Balance sheet as at 31 Mareh 2025
01¢
2025
2025
2024
2024
FiAed 8sset invtslments
2.272.250
2.369.448
Current a55tt5
Debiors
16.753
Cash ai bank and in hdnd
64,076
45.844
Tvtal current assets
80,929
.i97
Creditor5= a]nounts falling due
itbin one year
17,1100}
Net eurrellt assets
73,929
55.597
I'utal assets less ¢urreni liabilities
2J4AI 79
2,42i,114 j
The fulld5 of the Cbarli).:
Endoiimcnt funds
2,272,250
2.309.448
RLStriiled inLonie fund
73.929
55.%97
Total ¢haritv fund5
2J46,179
? 42) (145
'I'lJL' tiiiancial 5tattmLYIts un P¥i¥e5 5 to 13 Mere 4PPltsVtd bj the IrusTrc on 24 Scplcmbcr 202) und WCTe
5ignLyd on its ￿haI[bl.:
Paul F￿quhar
Treasurer Director for CoMmuni¢y boundation iNorth East
Trustee

Joseph Brough Charitable Trust
Notes to the financial statements for the year ended 31 March 2025
Accounting Policies
Basis of prep¥r#tion
'I"hi linanLial siatcmcni% hai'c bccii prcparcd on a gfi)ing conccm ba%is undcr ihc historical ￿)￿1 c()nN'LlItTiin
modiliea bv the rei'dluaiion of listed iniesunents. ThL lindnLial stdtLmL'nis h&iL bL'Lm prLparea in aL¥oraance
iih Accounting gnd Rcporting bTr Q'hariiiL5.' %lai¢Tncnt ofKecomTncndLd l)raciicc applI￿bIL ti) ¢haritiL%
prLPdritt¥ iheir dCLounls in dCLL)rJanLe with th¢ FindllLidl RL'pL)rting SidndJrJ appIl￿ble in the UK
Icpyhlic of Ircland 11.-l<% Ill?) i uflLLlii¥ l JJnuuTI- 211191 IC'hurili¢'4 %(}111)11.11S 11)211, the bin2ncial
R¢kwrtinbTr sland￿rd dppIiLable in the Uk Republi¥ oftreland Il."RS 10?) and ihe Lliaritl¢b Ail ?01 l.
JuEeph Ilr()ugh Charitable Tnist InCet￿ the defÈniti()n of a publiL benLlil entit￿ undLr FR% 102. Thc'l ru%tCL
lo￿iderS that Ihcrc arL no matLrial UncL￿1n[Ils aiM)ut thL c"h￿Ill s ability to co)ntinuL ￿ J going) LunveTn.
bl
Cash llo
I"he TTUSt 15 a s￿￿1 tniilv anLI. as SULh, it has advantage of the exeTnption fiom prekwing a L4sh flo
Sldte]nent undeT the terms of SeLlion 7 of l.inanci21 Reporiin* Standard 102.
Ineome and t_%ptndRillrt
Invesimenl inLumt, Jtwsii interLSt and cxpenditurc iiiLluded in the linancial ststements on an aicrua15
basis.
d)
Re50urc¢5 CKPtndcd
l.1dbiliti¢s art r¢¢<)¥*nised tib rebouriYS expended as won ￿ Iher¥ is a ligal i)r ¢onstruciiwe obligaiiot]
commitlijig the charity to ilie ¢xp¢ndilur¢.
iirdnt l￿mMitT￿entS 8r¢ acLLiunied fi)r on an accrnal% ba8i8, once approi'ed bj IhL 'fru%tLc.
Chxritthble attivitits
Co8t8 olcharitshlL IILlivitics inLludc granLS madL and ihc athninistration ci)Sts ￿soCIatLd ￿1th grantTnaking.
Goi'ernallce costs
tio¥"LYnanc¢ ¢Oits of Ihe'l'rusi hJ&'e b*n met its-frust¢e.
llli"¢s¢]nellts
InNcstmLnts arc slated at niarkLI 1.aluc at th¢ ycar cnd and an}. gain or loss on ini'csimcnts is tsk.en io the
Stsieniet21 ul'F'inanLjdl ALliN'IliLs.
h)
Permanellt endOThme￿t restrtcted
'I'hL pcrinaneni end()Ivm¢ni lund i.fi th¢ Jo*ph 14TrTru8h ('.haTitrhle .1 rust Ilescrk'e. rhe iiicom¢ fTOtn thiE IS
pplied io ihe restriLied tiind and utiliscd in aLcordanbe Thiih thL ILnns uf thL endUwrnL￿I. i￿hICh that the
Tnonie5 tnay bc uxd tc) turthL'r IhL c>bj(*ls ot'the Lharity.
Debtors
DI￿1￿¢￿￿5 dnd inter¢st r¢¢ei¥3bl¢ ar¢ btaied al th¢ amouni dlle to be re¢¢itr¢d.

Joseph Brough Charitable Trust
Notes to the financial statements for the year ended 31 March 2025
(continued)
Accounting Policies (continued)
il
Cash #t ballk and b#od
(.ash dt bank iii h￿1￿ inLluaes ¢￿h and shi)rt ￿Trn hi(whlJ' liquid ini'c%tmcnt% with a short maluriiy ot.
i'elie month5 or frorn the date iilaLqui511ion or opening of the (leposit or similar uLLount.
k)
Credators thnd pro%"isioDs
L'rcdilc)T8 anJ proiisiLbtt5 ar¢ reLogTrnibed wh¢r¢ ihe chariN has a prescnt ahli¥<Etiiin resultin8 Iri)rn a Pabt eieni
thai iiill pn)babl& r¢5ult in Ihc tran.%tLT ol'lund4 1() d Ihird part) the dtnuunl duL' bj %eitl¢ Ihe ubligyalti)rt can
' mLasureJ or eslimiilLQ reltdbl). Thts inLluJ¢s k7runtS P3Jthl¥ ￿hL'll Ili¢ ot'ler 1% ¢ippmTrcd and lo
the i¢¢ipicnl. Crediiors ￿nd prnvi%ion% nomially reLognised at thLir seiil¢RTr¢nl ￿￿UnL
Judge￿ents &Dd k¢v sources of estim#tioD uncert#inty
'I'he prLparaliun L)f Ihu It￿￿1￿1_￿IdI¢nTr¢nts rLLiuJre& TR￿gem￿n[ In makL jud8cmLnL%, L%iiTnate5 and
2ssumptions thi￿ al'tCLI the aTnouiiL% rL￿rtLYI. .1 he5e ¥slimatLS dnd juJETremLn15 are ¥untinudllv rei'lthl,￿ and arc
based i)n expcTIL'lli¢ an(1 sjiher fdLlI)ts. iniluding) e.Kp¢¢tations of fruturL ¢i'Lnt5 that 2rc b¢liivcd to b¢
reasonable und¢r IhL Lircumstancc5.
Ih¢rL' no su¢h jULlgiemL'nts within the fInanildl s¢atL'mcnts.

Joseph Brough Charitable Trust
Notes to the financial statements for the year ended 31 March 2025
(continued)
2 Statement of Financial Actil'ilies prior year fund eonjparatives
Rc%iricted
fund5
Endowmcni
fund
Total
2024
Incouje aijd endowments from..
Investtneni in¢oTDe
78.812
78,812
Tot&1 intomt and etsdtswinenis
78,812
7&812
Expellditure OD:
Tnvestm¢ni rnJnagemLnt wsts
2.811
2.811
CTrariuble ities
4Y,457
49.457
Total eip¢Dditurc
49,4)7
Gains on ￿n1'Ls￿n¢￿t aSSLts
214,591
214.591
4et illcome ￿0Ve￿Ie￿I
I'"un(I b4ilanLL% bTh)u¥hi forwaTd
29,355
211,780
241,135
26.242
2.157,668
2.183.910
Fund bthlantes tarritd forwJ)rd
55.597
2.i69,44¥
2.4ZS.045
3 Taxation
Th¢ Twsl is a re¥i8tered tharit} and its investmeni i5 noi subjLCt lo tnLvme. Lapital gTi&ins or
coryjoraiion tax proi.ided that Ihe incurlle gTell¥Taied is applied to Lhariiabl¢ purtKises.
4 Investment income
2025
2024
l)ii'idLmds and iniLr¥ht trom cndi)IK'mLnt fund inicsiineiit

Joseph Brough Charitable Trust
Notes to the financial statements for the year ended 31 March 2025
(continued)
5 Charitable activities
'h¢ Joseph Bn)ugh Ch(witsblL Irust llnd¢rtdkL￿ its Lhariiable abiiviti£s through grantsllg&ing.
202$
GThqnis pa)'able
Dir<cl cosis- ¥rdnis Jilmini51fdtion lee
l)irect costs- bank charges
43,933
44,427
-s.ouo
30
48.963
49,4.i7
Gran1% ￿￿'arded during the N"c4v ended.I l Nlarch ?1)2) t¥L'fL".
Ilrundibar.4rts I'¢s1iidl
Fe]]ham Associaiion of Rcsi(tLmts
(iTL'¥gs l.oundation
P.R.O.P.S ￿.￿1
Suuth %hields l.'C Fullndalion l.ld
Il'Lst Fnd Refugee SeTricc
Total grants awarded 2025
9,582
7300
7,0110
7500
7,351
43,933
-Ivial aNvardLd 20?4
44,427
ThL'"I"ru¥t does noi employ any staff {_
?0?4'. none) and thereli)rc ha5 inLurreJ nu stsll'wsts. during the year
(2024.. Lnil}.
The inJLpcndcni cxamination le<b are bv th¢ par¢nt Lharitabl¢ Lu]npanJ and are io¢lu(ted in thc
unx>liLlaled dLKounis.

Joseph Brough Charitable Trust
otes to the financial statements for the year ended 31 March 2025
(continued)
Fixed asset investments
Listed
inY¢stnients
rwtark'et value al l April ?024
UnrLd]isLd lotssLs on rLI'alualion
2,3h9,44X
197.1981
Mdrket valut dkt JI ￿[arth 2024
2272,2.*0
Co*t #t 31 .March 2th2S
,932.208
C05t al 31 ￿[dr￿h 9024
I,Yi.,21)8
Lis￿￿ investm¢nts' SuThM￿ls￿ db fulloth5-.
21124
Market
'a]ue
lthrket
C'ollcctil e Inv￿￿1¢￿1 %¥hcrnc
2272.2.$0
2,31)9,44
2,272.250
2.369.448
Debtors
2025
20?4
Dii'iJuids and IntL'fc5t ReLeii'dblL
16,85J
16,75i

Joseph Brough Charitable Trust
Notes to the financial statements for the year ended 31 March 2025
(continued)
Creditors: amounts falling due within one year
21125
2024
tir￿1￿ P&>dbl¢
7,01)0
Funds of the charity
IlaldllLL
l April 20?4
Income
l..Ypendiiure
Gains
Ilos.%es}
BalaD¢¢
31 Nlareh
202>
Pemlaiienl cndi)ment fuijd
2,369,448
197,1981
2272,2.70
Restri¢ied fvnd
.597
67.?95
{48.9631
73,929
Ti)lal lunds
2.4?5.{145
67.29)
148.9631
197.1981
2 J46,179
10 Analysis of net assets between funds
R¢striLicd F.ndi)winent
futtd5'
nds
2025
Total
Inic%tmLnt%
2.272,150
2,272,250
C'urrl'nl a£sets
80,929
80.929
CuTr¢nt liabilitie5
{7,OiJ)I
(7,1)001
olal nLht a￿￿¥t5
7.1,92fJ
• ?7?,250
2,346,179
11 Transactions with the Trustee and Related parties
Durin&T the thi'"Jtust madc p&Jm¢nts ti)12lling L5.0001?0)4.. £i,0001 to ils Truste¢ foT adminisirativc
scrviccs prokided in reldtivn iv lh¢ PdN'menL vfgrdtits.

Joseph Brough Charitable Trust
12 Ultimate controlling party
ThL uliimaic pgrcnt undertAking and Lonlriilling P¢wI) is Communilv Foundtiii()n North l..&%1 d Ll)Inp&i)
in¥orpordied in Engjland ￿hOSe oompJn) number 1% O?77_1711X. I'he Lons01iJ41¢d findnLitil %ial¢ments' of
CommunitN l.Dundatii)D IN'I)rtli Last Lan bL obuined fwm Philanthrop> Housc, Il'nodbinc Riiwj. (iO%ti)rth.
liev4L#sIIL uwn 'l'yne. NF.3 11)I).
C'ommuniiy l.i)undaiiuts Nvrth is Lhe SIn￿lL5( and the l£wgc5L gn)up to Con￿lidalL, the organisaliun s
rIn￿LiA1 rcsulib.