REPORT FROM THE SIR ARTHUR THOMSON CHARITABLE TRUST Financial Year . January 2025- December 2025 Reference and Administrative Details Charil Nam¢ The Sir Arthur Thomson Charitable Trust b) Charit Re istration Number 233005 Address The Chaimian's Office Professor I W Booth c/0 Mrs Wendy Trevis-smith Trnst Executive Officer Sir Arthur Thomson Charitable Tnjst College of Medicine & Health University of Binningham Edgbaston Binningham B15 2TT d) Trustees Chairman.. Professor I W Booth BS¢, MBBS, Msc, MD, FRCP, FRCPCH, DRCOG, DCH Mr D R Holmes" MA (Hons) DCL Ms Katie Warrington: Bsocsc; ACA Mr A J Kendall, MA Oxon Professor Michael Sheppard.. MBChB (Hons).. PhD Professor Peter Hutton: Bsc (Hons),. MBChB' PhD' Fellowship of the Royal College of Anaesthetists (FRCA) Professor Tim Barret MBBS, MRCP, PhD Professor CatFryn P Thomas. MBChB 1994, MRCGP 1989, FRCGP Professor Una Martin. MB Bch Honours, BSC, PhD, FRCP Professor Kristien Boelaert. MD. MRCPI. PhD, FRCPI, FRCP, FBPS, FBHS Professor Paul Nankivell; BA. BMBCh, PhD, FRCS (ORL-HNS) Ind dent Examiner Page l of 3
Ms Sally Chance. Bankers Lloyds Bank, Harborne Branch. 125 High Street, HaTborne, Binningham B17 9NP Structur Governance and Mana ement The Sir Arthur Thomson Charitable Trust was established by the late Sir Arthur Thomson, Dean of the Faculty of Medicine at the University of Birmingham by a Trust Deed dated I I, October 1963 and 15 administered by Trustees who have the power to appoinl their successor5. Meetings of the Truslees are held not less than twice a year; the Chainllan having delegated authority to deal with grant applications between meetings if need arises. Day to day administration is dealt with by MTS Wendy Trevis-smith. Trust Executive Officer in Consultation with the Chaim]an. It has been agreed that training be made availabl¢ to any Trustee requiring it, but traditionally their number has been drawn from Medical and Dental staff and fonner officers or honorary officers of the University (along with those from the professional services sector) who between them have the skills. knowledge and expertence needed for the role. Ob ectives The Charity's principal aim is to improve the experience of the University's medical and dental students in what is now the Coll¢ge of Medicine and Health. It provides prizes for the better students and scholarships to assist those able to take additional courses and those willing and able to undertake projects often in developing countries. In addition. it supports some of the increasÉng number of students who carry out research and obtain results good enough io be selected for presentation at international meetings. The Trust offers financial help to cover the cost of registration, transport and accommodation. The TNst also helps high achievers who are selected to perfom) at national or international events relating, for example. to sport and music. Financial RevieTrv The Charity's funds, other than bank deposits, are invested in Sarasin and Partners UK. There is also available to the Trustee5, and invested in the University's Manag¢d Investment Funds, the income from a bequest made by Sir Arthur under the tenns of his Will which is administered by the University. The Trust's income is applied each year by way of grants to meet the calls made upon it. Any surplus is held in reserve to meet future needs as the College of Medicine and Health increases in size. In the year ended 31 December 2025, the capital value of the Trust's investments held with Sarasin Page 2 of 3
& Partners increased by £54,029, income of £58,339 was received from the portfolio, and the reported total return on the portfolio was 5.20/0. Value of Investments and Cash De osits The value of ihe investments and cash deposits held by the Sir Arthur Thom50n Charitable Trust was at the year-end as follows.. 2024 2025 Sarasin and Partners UK Investment: 2,202.162 2.256,191 Bank Temi Deposits 79,486 81.011 Bank Current Account 96,457 219,717 Public Benefit The Trustees have had regard to the guidance of th¢ Charity Commission as to public benefit in making their grants. Professor I W Booth Chydirman Sir Arthur Thomson Charitable Trust File referfrnce.. WATSIAT Trusvcharity Commissh)n Report January 2025December 2025 Octob* 2026 Page3 of 3
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Exarninerfs Report Report to the trusteesl | members of I The Sir Arthur Thomson Charitable Trusi On accounts for the year , 3111212025 onded Charlty no 233005 (if any) | Set out on pages I report lo the Iruslees on my examination of the accounts of the aly)ve charity ("Ihe Trtssl") for the year ended ResponsibilitlÈs and As the charity trustees ol the Trust. you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("Ihe Acl"}. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed the applicable Directions given by the Charity Commission under section 145151(b) of the Act. I have completed my examination I confirm that no material mallers have come lo my attention in connection with (he examination which gives me cause to believe that In. any material respect-. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examlner's statement I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in order to enable a proper understanding of the accounts lo be reached. Please delete the words in the brackets if they do nol apply Signed.. Date: 14 July 2026 Name.. Sally Chance Relevant professional l Fellow of Association of Certified Accountants (FCCA) qualifieatlonlsl or body ! Ilf any): | Address: ejo University of Birmingham Medical School, Edgbaslon, Bimiingham 815 2TT Sectlon B Dlsclosure Only complete if (he examiner needs lo highlight mallers of concern (see CC32, Independent examination of charity ac¢ounls-. directions and guidance for examiners). IER October 2018
SIR ARTHUR THOMSON CIi4RITABLE TRUST istered Chari Number 233005 Statement of Trust Assets is At 31 December 2025 12 month$ to 31 Docember 2024 Number Total Value 12 molltbs to 31 December 2025 Number Total gknre WUE Line Rer Iksrrlptlo share share Viluc share5 5harts 121 141 16) 17) 8) {9) Invesbnen 1,713.668 1.29 2202,162 79,486 Sarasin Lloyd5 I,710,468 1.32 2,25fj191 2281.649 Sub-Totsl 2J37.202 B#nbD 96.457 Bank Balance 219,717 96,457 Sub-total 219.717 2,378.106 Total funds available at 31 December2024 2.556.919
SIR ARTHUR THOMSON CHAIUTABLE TRUST 12 months to 12 months to 31 December 2025 NOTES TO ACCOUNTS 31 December 2024 Note I Income Bequesr Sardsin 30 Year Reunion Dinner MBCHb Bmedsc Investment Income on Lloyds term deposit Income rec'd from JABBS Foundation IBMRES ID8,1192 58,339 2,272 45,274 58,803 952 319 15,000 183,703 8,145 113,492 Note 2 Chafftrs A¢tion Medsoc Donation Test transfer from banck account Refreshments forATh Meetings 1,000 1.000
SIRARTHUR THOMSON CHARITABLE TRUST istered Charl 233005 A¢tU21 Income & Ex endlture Account for the 12 months endin 31 Deeember 2025 12 months to 31 Dec 2025 12 months to JI Dee 2024 Line Ref DeriptIOn 121 (3) {41 lllcome Note I 183,703 113,492 1*55 Expendfiture Le¢wres Sir Arthur Thomson bursaries for MBChB elective smdy Sir Arthur Thomson bursaries for BDS elective study Intercalating Bursaries for Medical and Dental students Summer vacation projects for Bmedsc UG Summer vacaiion projects for MBChB & GEC UG Support for Prize Support for Social Events Chairs Action- paid direct Honoraria BMRES- paid direct Conference Funding BWAMS funding Travel Expenses- paid direct High A¢hievemeni 1,630 2,000 620 15,000 9,750 14,500 5,120 113 1.000 4,721 8,0011 5,027 40,289 8,500 17,000 5.120 10.400 10 Note 2 3,447 12 13 14 2,960 15 129 16 17 Sub-total 66,989 90,148 18 Surplus 116,713 23,344 Accumulated Funds as at 31 December 2025 12 months to 31 Dee 2025 12 months to Line 31 De¢ 2024 Ref Description 121 (3) (4) 19 Balance Brou t Forward l 96,457 73,113 20 SurpluslDeficit 116,713 23,344 Adjustment for Expenditure not yet charg¢d to ATCT 15,515 22 One off adj8trnent re change in accouniing Trlote 3 -8,968 23 Bglanee avaRlable 31 December 219.717 96.457
SIR ARTHUR THOMSON CHAIUTABLE TRUST istered Chari 233005 Actual Ex enditure alld Bud et for the 12 months endin 31 December 2025 AetU81 AetuAI Blldg¢t 12 month5 to 31 Dec 2025 12 months to 31 Dee 2024 12 months lo 31 Dtt 2025 Line Ref Description 121 131 141 15} Expelldlture 620 Le¢iure5 1,630 2,000 2.750 2,000 Sii Arthur Thomson bursaries foT MBChB el11¥¢ SdY Sir Arthur 1IM)mwn bursthits for BDS elective Study Iniercalaiittg But5arie5 for MLxii¢al and Dental Students Summer vacation proje¢l5 for BMedSI UG Suttllller vacaiion prOJ[S for MBChB & GEC UG li diabetes) Support forPrizes Supp)rt for SoEial Events Chairs A¢iion 40,289 8.500 17.000 5.120 10,400 15,000 9,750 14.500 5,120 45.000 12,500 16,000 5,360 1,000 4,721 8.000 5,027 10 3,447 Honoran& 4,100 BMRES 12 13 2.960 cVnfaEe FuttdinB Med s futding Trnvel Expenses BWAMS Fumding High Achievem1 InfslIucTrlre Awan45 ASPIRE 3,000 14 15 16 2,500 INSPIRE 17 90.148 Total 66.861 105,360
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Sir Arthur Thomson Charitable Trust On accounts for the year ended I Set out on pag@s 3111212025 Charity no lif any) 233005 I report to the trustees on my examination of the accounts of the above charity I'the Trusl'l for the yp.2r p.nded Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with Ihe requirements of the Charities Act 2011 I'mhe Act"). l port In respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applieAhlp. nirÈctions given by the Charity Commi$3ion under Tricction 14515)(b) of the Acl. I have completed my examination. I confirm Ihat no material matters have come to my allention irs connection with the examination which gives me Gau5e lo LJ¥li¥ve that in. any matenal respect.. accounling r8cords were not kept in accordance with seclion 130 of the Act or the accounts do nol accord wilh the accounting records Independent examiner's statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts lo be reached. Please delete the words in the brarkpts rf they do not apply. Slgned: 14 July 2026 Name: Sally Chance Rèlevant professional qualificatlonls) or body Fellow of Association of Certified Accountants IFCCA) Address: clo University of Bimingham MediGal School. Edgbaslon. Birmingh2m R15 2 Section B Disclosurp Only complete if the examiner needs lo highlight matters of concern (see CC32. Independent examination of charGty accounts.. directions and guidance for examiners). IER October 2018