Charity Registration No. 233120
JOHN GREGSON TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Yshawgibbs
accountants & business (￿vIse[S

JOHN GREGSON TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
James Chiriyankandath
Catrin Davies
Helen Mason
Derek McAuley (Chair}
Mark Pearce
Melanie Prideaux
James Lister Croft
(Appointed 26 June 20241
Charity number
233120
Principal addres5
Essex Hall
1-6 Essex Street
strand
London
WC2R 3HY
Independent examiner
Shaw Gibbs Limited
264 Banbury Road
Oxford
OX2 7DY
Bankers
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
Wesl Malling
Kent
ME19 4JQ
Investment advisors
Redmayne Bentley
8-10 Victoria Avenue
Harrogate
HG1 1ED

JOHN GREGSON TRUST
CONTENTS
Page
Trustees, report
Independent examiner's report
ststement of financial activities
Balance sheet
Notes lo the financial statements
6-13

JOHN GREGSON TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statement5 for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting Policies set out in note 1 to the
financial statements and comply with the The John Gregson Trust's governing document, the Charities Act 2011 and
Accounting and Reporting by Charities". Statement of Recommended Practice applicable lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 leffeclive 1 January 20191.
Objectives and activities
lil The objects of the Trust are the promotion of ¢orporale worship amongst those who profess Christianity in its
most simple and intelligible form. inclLJding those churches which are on the Role of the General Assembly of
Unitarian and Free Christian Churches. lill The Trustees shall have special regard for the maintenance of the fabric
of places of worship within the sphere of lil above which, in their opinion, are of historical and architectural
importance.
Achievements and performance
Significant &clivilies and &Ch￿VementS against objectives
The trust has re￿iVed funding in the form of investment income from its investments which are managed by the
Investment Managers. This has enabled it to SUPPDrt a wide range of projects. Grants totalling £13,474 12024..
£8,700) have been authorised during the year. Al the year*nd there were grants outstanding of £10,600 12024..
£3,000).
Financial review
ReseThes policy
It is the poliw of the Charity to retain sufficient funds to meet future commitments. Grants are only paid from funds
in hand. If insufficient suitable applications for grants are received. the surplus is invested for future income
generation or retained for future grant making.
structure. governance and management
The John Gregson Trust (which incorporates thè John Gregson Fund and the Charles Booth Fund) is constituted as
an unincorporated Charity under a trust deed dated 3 August 1956.
The declaration of trust ststes that the adminislralion of the trust shall be undertaken by the Hibbert Trust and hence
only trustees of the Hibbert Trust are eligible to be appointed as trustees of the John Gregson Trust.
The TrLJStees who served during the year and up to the date of signature of the finan¢ial $latemenl$ were..
James Chiriyankandath
Catrin Davies
Dorothy Hewerdine
Helen Mason
Derek McAuley Ichairl
Mark Pearce
Mèlanie Prideaux
James Lister Croft
(Resigned 30 April 20251
(Appointed 26 June 20241
Publlc beneflt
The charitable activities for the year are in accordan￿ wrfch the Charity Commission's guidan￿ on public benefit.
The charity continues to provide grants subject to satisfactory application for funding within its charitable aims and
obieclivès ss explained above.

JOHN GREGSON TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Trustees. responsibilities in relation to the financial statements
The Iruslees are responsible for preparing the Trustees, Report and the financial stslemenls in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable lo charrf(ies in England & Wales requires the trustees to prepare financial statements for each
financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and
application of resources of the charity for that pèriod. In preparing these financial stslemenls, the trustees are
required lo".
select suitsble accounting policies and then apply them ¢onsislenlly',
obsetve the methods and principles in the Charities SORP.,
make judgements and eslimales that are reasonable and prudent.,
slate whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial slalements on the going Concern basis unless il is inappropriate lo presume
that the Charty will continue in operation.
The trustees are ￿spOnSible for keeping accounting records that disclose with ￿8$Onable accuracy at any time the
financial position of th& Charity and enable them lo ensure that the financial statements comply with the Charities
Act 2011. the Charity (Accounts and Reports) Regulations 2008 and trust deed. They are also responsible for
safeguarding the assets of the charity and hence for tsking reasonable steps for the prevention and dele¢tion of
fraud and other irregularities.
The Trustees. report was approved by the Board of Trustees.
PA4.AJ.
Derek McAuley (Chairl
Trustee
Date..
..36.Jan 2026

JOHN GREGSON TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF JOHN GREGSON TRUST
report to the Trustees on my examination of the financial statements of John Gregson Trust Ilhe The John
Gregson Trust) for the yesr ended 31 March 2025.
Responsibilities and basis of report
As the Trustees of the The John Gregson Trust you are responsible for the preparation of the financial statements in
accordance with the requirements of the CharitiesAct 2011.
I report in respect of my examination of the The John Gregson Trust's financial slalements carried out under section
145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity
Commission under section 14515llbl of the Charities Act 2011.
Independent examlnerfs statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the The John Gregson Trust as required by section 130 of the
Charities Act 2011.
the financial statements do not accord with those records,. or
the financial slalements do not comply wth the applicable requirements conceming the fomi and content of
financial slalements sel out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the financial stslemenls give a true and fair view, which is not a matter considered as part of
an independent examination.
I have no concems and have come across no other matters in connection with the examination lo which attention
should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached.
Samantha Daniels FCA
For and on behalf of
Shaw Gibb5 Limited
264 Banbury Road
Oxlord
OX2 7DY
Date..
30 Jan 2028

JOHN GREGSON TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted Unrestrlcted
funds
funds
general
capital
2025
2025
Total Unrestrlcted Unrestrlcted
funds
fund$
general
capital
2024
2024
Total
2025
2024
Notes
Income from:
Investments
31,456
31,456
28,977
28,977
Totsl income
31,456
31,456
28,977
28,977
Expendlturg on:
Raising funds
Charitable activities
Administrative costs
4,954
13,474
5,664
4,954
13,474
5,664
4,881
18,6001
6,155
4,881
18,6001
6,155
Totsl expendlture
24,092
24,092
2.436
2,436
Net gainslllossesl on
investments
10
16,2511
{15,8771
122,128)
11,5851
14,5221
{6,1071
Net incomellexpenditurel and
movement in funds
1,113
115,8771
114,7641
24,956
14,5221
20,434
Reconciliation of funds-
Fund balances al 1 April 2024
240,955
811,999
852,954
215,999
616,521
832,520
Fund balances at 31 March
2025
242,068
596,122
838,190
240,955
611,999
852,954
The notes referred to above form part of these Financial Stslemenls.

JOHN GREGSON TRUST
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Notes
Fixed assets
Investments
12
773,785
799,111
Current assets
Debtors
Cash at bank and in hand
13
74,386
4,973
55,348
5,733
79,359
61,081
CreditoTr: amounts falling due within
one year
14
114,9541
17,2381
Net current assets
64,405
53,843
Total assets less current liabilitios
838,190
852,954
The funds of the TheJohn Gregson Trust
Unrestricted funds- general
Unrestricted funds- capital
16
1S
242,068
596,122
240,955
611,999
838,190
852,954
The financial stslements were approved by the Trustees on .
Derek McAuley Ichairl
Trustee

JOHN GREGSON TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity inforniation
John Gregson Trust is an unincorporated charty. It is registered in England and Wales with charity registered
number 233120. The principal address of the Charity is Essex Hall, 1-6 Essex Street, Strand, London, WC2R
3HY.
1.1 Basls of preparatlon
The financial statements have been prepared in accordance with the The John Gregson TrLJSt's governing
document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland. I'FRS 102.1 and the Charities SORP 'Accounling and Reporting by Charities.. Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" leffedive 1 January 20191. The
The John Gregson Trust is a Public Benefit Enlily as defined by FRS 102.
The The John Gregson Trust has tsken advantage of the provisions in the SORP for charities not to prepare a
Statement of Cash Flows.
The financial slalements have departed from the Charities (Accounts and Reports) Regulations 2008 only lo
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the The John Gregson
Trust. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost Convention, modified to inclLJde the
revaluation of freehold properties and to include investment properties and Certain financial instruments at fair
value. The principal accounting policies adopted are set out below.
1.2 Going concern
Al the lime of approving the financial statements, the Trustees have a reasonable expectation that the The
John Gregson Trust has adequate resour￿5 to Continue in operational existence for the foreseeable future.
Thus the Trustees continue to adopt the going concem basis of accounting in preparing the financial
statements.
1.3 Charitable funds
Unrestricted funds are available for use 81 the discretion of the Trustees in furtherance of their Charitable
objectives.
1.4 Income
Income is recognised when the The John Gregson Trust is legally enlilled lo il after any performance
conditions have been mel, the amounts can be measured reliably, and it is probable that income will be
received.
1.$ Expgndlture
Expenditure is recognised once there is a legal Dr conslruclive obligation lo transfer economic benefit to a
third party, It is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the lolal of direct costs and
shared costs. including support ¢osls involved in undertaking ea¢h activity. Direct costs attributsble lo a single
adivity are allocated directly lo that activity. Shared costs which contribute to more than one activity and
support costs which are not altribulable to a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.

JOHN GREGSON TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Icontlnuedl
1.6 Flxed asset Investments
Fixed asset investments are initially measured at transaction price exduding transaction costs, and are
subsequently measured at fair value al each reporting date. Changes in fair value are recognised in nel
incornellexpenditurel for the year. Transaction costs are expensed as incurred.
1.7 Cash and cash equivalents
Cash and cash equivalents indude cash in hand. deposits held at call with banks. other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowngs in current liabilities.
1.8 Financial instruments
The The John Gregson Ttusl has elected lo apply the provisions of Section 11 'Basic Financial Instruments,
and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
Financial instruments are recognised in the The John Gregson Trust's balance sheet when the The John
Gregson Trust becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial slatemenls, when
there Is a legally enforceable right lo sel off the recognised amounts and there is an Intention to sellle on a nel
basis or lo realise the asset and setue the liability simultaneously.
BasiTC financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequently carried al amorbsed cost using the effective
interest method unless the arrangement ¢onslilules a financing transaction, where the transaction is
measured at the present value of the future receipts dIs￿LInted al a market rale of interest. Finanryal assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement conslilules a financing transaction, where the debt Instrument is measured al the present
Value of the future payments discounted at a matkel late of Intere51. Financial Iiabililies classified a5 payable
wthin one year are not amortised.
Debt instruments are subsequenuy carried al amortised cost. using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current Iiabililies. Trade creditors are recognised Initially al
transaction price and subsequently measured al amortised cost using the effective interest method.
1.9 Taxation
The Charity does not trade for tsx purposes and hence is not liable lo Corporation Tax on ils surplus.
1.10 Fund Accounting
The Charity maintains a Capital fund. The capital ftjnd is established to protect the real value of the funds into
the future and are not available for distribution.
An amount equal to the increase in value of investments in line with RPI is sel aside from realised or
unrealised gains in the year and credited to the capital fund. Any excess realised or unrealised gains are
allocated lo the unreslricled fund and are lo be used in accordance with the charitable objects.

JOHN GREGSON TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Critical accounting estimates and judgements
In the application of the The John Gregson Trust's accounting policies, the Trustees are required lo make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The eslimales and associated assumptions are based on historical experience
and other factors that are considered lo be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
eslimales are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and ftjture periods where the revision affects both current and future
periods.
In¢omg from Invgstmonts
Unrestrlcted Unrestrlcted
funds
funds
2025
2024
Income from listed investments
Interest receivable
31,334
122
28,664
313
31,456
28,977
Expenditure on raising funds
Unrestricted Unrastrictgd
funds
funds
2026
2024
Investment management
4,954
4,881
Expendlturg on ¢harltab19 0¢llvltlg$
John
Grggson
Trust
2025
John
Gregson
Trust
2024
Direct costs
Grant funding of activities (see note 71
13,474
18,6001
Analysis by fund
Unrestricted funds- general
13,474
18,6001
Admlnlstratlvg costs
The Hibbert Trust provides administration services lo the John Gregson Trust. This service cost £5,51512024'.
£3,154). Included in this amount is a proportion, £1,240 12024.. £1,286) of the totsl Independent Examinerfs
fee of £4,27012024.'£3,9901

JOHN GREGSON TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Grants awarded
John
Gregson
Trust
2025
John
Gregson
Trust
2024
Grants lo institutions..
Flowery Field
Dean Row
Chatham
Norcliffe Chapel
Shrewsbury
King Edward Sl. Macciesfield
Bayshill Chellenham
Chorley
Gellionen and Craig
Pepper Hill
Brighton Unitarian Church
600
600
600
600
3,500
600
1,000
600
600
3,474
8,000
2,000
13,474
8,700
Grants cancelled
Allrincham
Brookfield
Christchurch
Ditching
Maidslone
Newry
12,5001
16001
16001
15.0001
{3,6001
15,0001
117,3001
Support costs allocated to actlvltles
202S
2024
Secretary & Fin Man
Travel
Sundry
Governance costs
890
614
365
4,286
497
177
4,990
5,664
6,155
Analysed between:
Adminislralive costs
5,664
6,155

JOHN GREGSON TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Support costs allocated to actlvltles
Icontlnuedl
2025
2024
Governance costs comprise..
Independent examination fees
Accountancy
1,240
3,750
1,286
3,000
4,990
4,286
Employees
The average monthly number of employees during the year was..
2025
Number
2024
Numb9r
Total
There were no employees whose annual remuneration was more than £60,000.
10 Galn$ and lo$s&s on Investments
Unrestrlcted Unrestrlcted
funds
funds
general
Capital
2025
2025
Total Unrestrl¢ted Unrestrfcted
funds
funds
general
capital
2024
2024
Total
2025
2024
Gainslllossesl arising on..
Revaluation of
investments
Sale of investments
16,4911
240
115,8771
122,3681
240
18291
17561
14,5221
15,3511
17561
16,2511
115,8771
122,1281
11,5851
14,5221
16,1071
11 Taxatlon
The charity is exempt from laxalion on its activities because all ils income is applied for charitable purposes.
10-

JOHN GREGSON TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
12 Fixed asset investments
Llsted
Investments
Cost or valuation
At 1 April 2024
Additions
Valuation changes
Realised gain
Disposals
799,111
16,959
122,9781
850
120,1571
Al 31 March 2025
773,785
Carrying amount
Al 31 March 2025
773,785
Al 31 March 2024
799,111
2025
2024
Investments al fair value comprise..
Fixed asset investment
UK equity funds
Overseas equity funds
Multi-assel funds
Property
Altemalive funds
134,666
100.022
289,853
51,841
89,117
108,286
1134,4681
1103,9441
299,331
52.593
93,272
115,503
773,785
799,111
13 Debtors
2025
2024
Amounts falling due within one year-
Other debtors
Prepayments and accrued income
71,898
2,488
54,910
438
74,386
55,348
14 Credltors: amounts falllng due wlthln one year
2025
2024
Other creditors
Accruals and deferred income
10,600
4,354
3,000
4,238
14,954
7,238

JOHN GREGSON TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
15 Unrestricted funds- capital
These are unreslricled fvnds which are material lo the The John Gregson Trust's activities.
At 1 April
2024
Gains and At 31 March
losses
2025
Capital fund
611,999
115,8771
596,122
Prevlous year:
At 1 April
2023
Galns and At 31 March
losses
2024
Capital fund
816,521
14,5221
611,999
16 Unrestricted funds
The unrestricted funds of the charty comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These indude
designated funds which have been sel aside out of unreslricled funds by the trustees for specific purposes.
At 1 April
2024
Incoming
resources
Resources
expended
Gains and At 31 March
losses
2025
General funds
240,955
31,458
124,0921
16,2511
242,068
Prevlous year:
At 1 Aprll
2023
Incomlng
rgsourc
Resources
expended
Galns and At 31 March
los$e$
2024
General funds
215,999
28,977
12,4361
11,5851
240,955
17 Analysi$ of net a$$gts betW99n funds
Unrestricted Unrestricted
funds
funds
general
capital
2025
2025
Total
2025
At 31 March 2025:
Investments
Current assetsllliabilitiesl
177,663
64.405
596,122
773,785
64,405
242,068
596,122
838,190
12-

JOHN GREGSON TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
17 Analysls of net assets between funds
Icontlnuedl
Unrestrlcted Unrestrlcted
funds
funds
general
capital
2024
2024
Total
2024
At 31 March 2024-
Investments
Current assetsllliabililiesl
187,112
53,843
611,999
799,111
53,843
240,955
611,999
852,954
18 Relatgd party tran$a¢tlon$
None of the trustees were paid remuneration by the Charity during the year12024' nill.
For administrative purposes, all of the bank transactions of the John Gregson Trust are undertaken by the
Hibbert Trust. This results in an amount due to or from the Hibbert Trust. That amount at the year-end is
£71,898 due from the Hibbert Trust 12024.. £54,910). Al of the trustees of the John Gregson Trust are also
trustees of the Hibbert Trust and vice versa.
Administrative costs of the Hibbert Trust are inCUr￿d in common with the John G￿g$On Trust. The Hibbèrt
Trust charges an appropriate amount to the John Gregson Trust annually. The amount for the current year is
£5,51412024.' £3,154).
During the year the S trustees12024.' 61 were reimbursed expenses of £1,491 12024.. £2,302) to cover travel
costs to meetings and small items of expenditure made on behalf of the Hibbert Trust. None of these costs
{2024'. £3761 were charged ID the John Gregson Trust.
13-