THE JOHN SLATER FOUNDATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Charity Number 231145

THE JOHN SLATER FOUNDATION
CONTENTS PAGE
Pages
Reference and Administration Details
Report of the Trustee
Independent Examiner's Report
Receipts and Payments Account
Statement of Assets and Liabilities
Appendix 1

THE JOHN SLATER FOUNDATION
REFERENCE AND ADMINISTRATION DETAILS
Corporate Trustee
HSBC Trust Company {UKI Limited
Current Directors of Corporate Trustee
J Hewitson
J Coyle
P M Spencer
Trust Manager
N Millar
Principal Office
Forum 1
The Forum Parkway
Whiteley
Fareham
Hampshire
P015 7PA
Independent Exarniner
Frances Millar ACA
RSM UK Tax and Accounting Limiled
Highfield Court
Tollgate
Chandlers Ford
Eastleigh
Hampshire
S053 3TY
Bankers
HSBC Bank plc
Forum 1
The Forum Parkway
Whiteley
Fareham
Hampshire
P015 7PA
Investment Managers
HSBC UK Bank plc
1 Centenary Squa
Birmingham
B1 1HQ

THE JOHN SLATER FOUNDATION
REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 5 APRIL 2022
The Trustee presents tts report together with the financial statements of the charity for the year ended 5
April 2022, which have been prepared on a receipts and payments basis. The financial statements have
been prepared in accordance with the charty's constitution and applicable law.
The purchase and sale of investments results from the day to day management of the investment portfolio
by the investment managers. In accordance with the Charities Act, the financial statements have been
prepared on the receipts and payments basis given that the definition of gross income exeludes the receipt
of any endowment, loans and proceeds from the sale of investrnents or fixed assets.
Structure. government and management
The John Slater Foundation is an unincorporated charitable trust and is constituted under the terms of the
trust deed dated 3 Altgust 1963. The trust is a registered charity (no. 231145).
The Corporate Trustee has appointed a designated trust manager to look after the charity- The investment
manager reviews the performance and provides recommendations on the structure ol the investment
portfolio.
Under the terms of the deed, a committee consisting of not less than Iwo and not more than five members
meets at least twice in every year and holds an annual meeting in May of each year. The committee
assumes responsibility for the grant making activty of the trust.
The committee members altending meetings can be made up of the following individuals=
Mr Christopher Saullder5 (Chairman)
Mr Christopher Band
Mr Michael Darch
Mr Tom Tutton
Mr Andrew Brotherston
Mr Richard Saunders
HSBC Trust Company (UK) Limited Representative
The power lo appoint additional Trustees is vested in the current Trustee and is exercisable in writing.
Should new Trustees be appointed, the existing Trustee would take responsibility of their induction.
The Trustee has examined the major strategic, business and operational risk5 which the charity faces and
confirms that systems have been established lo enable regular reports to be produced so that the necessary
steps can be taken lo mib.gate these risks. The main risk in the yeaf was considered to be the variability of
investment returns.
Objective5 and activities
The objectives of the charity are to pay or to apply the income and capital of the trust in perpetuity for each
charitable objective or purpose as the Trustee thinks frt, in accordan￿ with the governing document.
This is performed through the awarding of grants, in accordance with the ternis of the governing document.
The Trustee considers grant making an effective method of delivering these objectives. Grants are awarded
al the discretion of the committee.
Achievements and performance
During the year, 40 gran15 lotalling £131,103 12021= 46 grants totalling £121,846) were awarded to
charitable institutions. in accordance with the terms of the governing document. One grant was returned
during the year of £2.000 {2021'. no granlsl. No grants were awarded lo individuals in either year. Details
of these grants are disclosed in Appendix 1 to the financial statements.

THE JOHN SLATER FOUNDATION
REPORT OF THE TRUSTEE cont.
FOR THE YEAR ENDED 5 APRIL 2022
Flnancial review
The charity received funds from The John Slaler Foundation under the terms of the trust deed. These funds
generate income, which is used for the purpose of grant making, in accordance ￿th the objectives set out
above. The charity generated income of £101,096 12021.. £126,409) in the year lo fvnd its charitable
aclivilies. The expenditure on charitable activities was £178,68312021.. £141,596) of which £129,103 (2021..
£121,846) was charitable expenditure in the form of grants to charitable institutions.
Investment policy
In accordance with the governing document, the Trustee has the power to invest in such stocks, shares.
investments and propety as is seen fit. The Trustee engaged HSBC UK Bank plc as investment manager.
The policy is to adopt a low to medium risk investment strategy to protect, in absolute terms. the capital
value of the fund whi15t producing a sustainable and growing level of income, and also providing the
potential for longer term growth of capital in real terms.
Reserves policy
The unrestricted funds, which are the free reserves of the charity, and which are represented by the income
arising are paid over to beneficiaries throughout the year. As the committee only fneets twice each year,
the year end balance representg income to be allocated at the next meetirig, rather than a sustained
accumulation. It is not the policy of the charity to maintain spectric reserves.
The expendable endowment funds represent those assets which are held permanenuy by the charity and
are principally investments. Income arising on the endowment fund can be used in accordance with the
objects of the Charity and is included as unrestricted income. Any capital gains or losses arising on the
investments form part of the fund. The Trustee has the power to convert this fund into income.
Public benefit
The Trustee has referred to the guidance contained in the Charity Commission's general guidance on public
benefit when reviewing aims and objectives and in planning future activities. In particular, the Trustee
onsiders how planned activities will contribute lo the aims and objectives set.
Plans for the future
The Twstee intends to continue providing grants in a similar way to the recent past whilst retaining flexibilty
as to the timing and scale of grant making.
Related parties
The Corporate Trustee and the Investment Manager are both wholly owned subsidiaries of HSBC Holdings
plc.
In addition to the fees shown on page 6, as a result of the acquisition and disposal of investments, the
charity pays transaction Charges to HSBC Bank pl¢. The charges are calculated on a sliding scale at a
percentage of the transactions value plus VAT and are added to or deducted from the c051 of the
investments or the disposal proceeds in accordance with UK standard accounting practice.

THE JOHN SLATER FOUNDATION
REPORT OF THE TRUSTEE cont.
FOR THE YEAR ENDED 5 APRIL 2022
Trustee's re$ponsibilities in relation to the financial statements
The law applicable to charities in England and Wales requires the Trustee lo prepare financial statements
for each financial year which give a true and fair view of the Charity's financial activities during the year and
of it's financial position at the end of the year. In preparing those financial slalements, giving a true and faif
view, the Trustee should follow best practice and..
select suitable accounting policies and then apply them consislenlly-,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards and statements of recommended practice have been
followed subject to any departures disclosed and explained in the financial stalemenls,. and
prepare the financial statements on the going concern basis unless it is inapproptiate lo presume
that the charty will continue in operation.
The Truslees are responsible for keeping accounting records which disclose with reasonable accuracy the
financial position of the charity. This enables them to ascertain the financial p051tion of the charity and
enables them lo ensure the financial slalements comply with the Charities Act 2011. the Charity (Accounts
and Reports) 2008 Regulations and the provisions of the trust deed.
The Trustee is also responsible for safeguarding the assets of the charity and hence for taking reasonable
steps for the prevention and delectr'on of fraud and other irregularities.
Approved by the TNstee and signed on its behalf by..
HSB
rust Co
pany (UK} Limited
Dale:

THE JOHN SLATER FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEE OF THE JOHN SLATER FOUNDATION
I report to the Trustee on my examinatson of Ihe financial statements of The John Slater Foundation for the
year ended 5 April 2022. which are sel out on pages 6 to 7.
Responsibilities and basis of report
As the Trustee of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act 2011 {'the 2011 Act'}.
I report in respect of my examination of Ihe charity's financial statements carried out under section 145 of
the 2011 Act and in carying out my examination I have followed all the applicable directions given by the
Charity Commission under section 145151(bl of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be required in an audit
and consequently does not cover all the matters that an auditor considers in giving their opinion on the
financial statements. The planning and conduct of an audit goes beyond the limited assurance that an
independent examination can provide. Consequently, l express no opinion as to whether the financial
Statements present a 'true and fair view, and my report is lirniled to those specific matters set out in the
independent examiner's statement.
Independent Examiner's statement
I have completed my examination. I confimi that no material matters have come to my attention in
Connection with the examination giving me reasonable cause to believe that in any material respect-.
accounting records were not kept in respe￿ of the charty as required by section 130 of the 2011
Act", or
2. the financial 5tatemenls do not accord with those records- or
3. the financial slalemenls do not comply with the applicable requirements concerning the form and
content of financial statements set out in the Charities {Accounts and Reports) Regulations 2008
other than any requirement that the financial statements give a 'true and fair view. which is not
matter considered as part of an indepeftdent examination.
I have no concerns and have come across no other matters in connection wsth the examination to which
attention should be drawn in this report in order lo enable 3 proper understanding of the financial statements
to be reached.
Frances Millar ACA
Chartered Accountant
The Institute of Chartered Accountants in England and Wales
On behalf of RSM UK Tax and Accounting Limited
Chartered Accountants
Highfield Court
Tollgate
Chandlers Ford
Easlleigh
Hampshire
S053 3TY
Date..
27-Jan-2023

THE JOHN SL4TER FOUNDATION
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2022
Unrestricted
funds
Endown*nt
funds
Total
2022
Total
2021
Recèlpts
hvèstment in¢ome
Other hcome
101,096
101,096
124.680
1,729
101,096
Investment sale pro¢eed$
Prcceeds from the sale of investments
101,096
126,409
4,280,819
4,280,819
3,365,860
Total receipts
101,0
4.280,819
4,381,915
3.492.289
Payw*nts
Cost of generating funds
knvestmenl service charg8
47,415
47,415
32,360
Charitable activities
Grants paid
Other althaled costs
129,103
49.580
129.103
49,S80
121.846
19,750
Governancè costs
bKlependenl examiner's fee
2,874
2.874
2.790
181,557
Investment purchases
Payments for purchases of investments
47,415
228,9n
176,746
4,128.104
4.128.104
3.154,044
Total paYry￿nts
181.557
4,175.519
4.357,076
3,330,790
Nel receiplsllpaymentsl
180,4611
105,300
24.839
161,479
Transfers be￿een funds
50,950
150.9501
Cash invested al 6 Wil 2021
58.419
67.822
126,241
{35.2381
Cash invested al 5 ￿ri12022
28,908
122.172
151,080
128.241
These unaudited financial statements have been subjected lo independent examination. See report on
page 5.

THE JOHN SLATER FOUNDATION
STATEMENT OF ASSETS AND UABILITES
AS AT S APRIL 2022
Unrestricted
funds
Endowment
funds
Total
2022
Total
2021
Investments
UK equities
UK fLxed interest securities
Overseas fixed interest securities
Overseas equ((ies and unrf( trusts
Alternative investments
Other trust assets
Cash
196,898
889.212
1,924,268
1,607,787
83,236
196,898
889,212
1,924,268
1,607,787
83.236
450,771
1,983.865
2,249.775
35.196
28,908
122,172
151,080
126,241
Total assets
28,908
4.823,574
4.852.482
4.845,849
Liabilities
Professional fees payable
3,015
3,015
2.875
Approved by the Trustee and aulhorised for issue on .
2o[ci12.£
-and signed on its behaff..
These unaudited financial statements have been subjected to independent examination. See report on
page 5.

THE JOHN SLATER FOUNDATION
APPENDIX 1
BREAKDOWN OF CHARITABLE GRANTS
Numberof
Amount
Institutions
Grants
Adlington & District Community Centre
Association for the Rights of Abondol￿d Animals
Blackpool Ladies Sick Poor Association
Bury Grammar School
Freshfields Animal Rescue
H8fKJicapped Children's Action Group
MancFEster High School For Girk
Medailk TnLSt
North West Anny Cadet Force
Nort￿Ch & District Youth Centre
People's Dispensary for Sick AnimaL8
Red Squirrel SuNival Trust
Royal National Irtstitute of BI￿1 People
Sacred Heart Church
St Johns Church, Levern8
Tiggywinkjes Witdlife
Trinity Hospice
Verona Association
West Cumbria Society For BliTr
Walthew House
West Coast Crash
7,050
78,683
4,700
12,000
2,000
2,000
12,000
11,750
2,350
2,QlOO
3,525
2,350
4,500
10,000
5,875
2.350
4.700
7.050
6,345
5,875
4,000
Retwned Grant- HarKlicapped Chiklren's Action GroLP
(1)
(2,000)
39
129,103