Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
Resistered Charity Nurnber.. 236710
THE STONEWALL PARK CHARITABLE TRUST
(working name of The V & E Fleming 1964 Charitsble Trust)
REPORT AND FIThTANCIAL STATEMENrs
Foi the year ended 5 April 2024

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
Page
Reference and Administrative Information
Trustees, Annual Report
Independent Examinef s Report
Statement of Finanaal Activities
Balance Sheet
Notes to the Finanaal Statements
8-13

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 5 APIUL 2024
The Stonewall Park Charitable Tntst was established under a Declaration of Trust dated 22 July 1964,
which deteTminetF the objects and powers. The Stonewall Park Charitable Trust is registered with the
Charity Commission for Ensland and Wales with Charity Number 236710.
TRUSTEES
Elizabeth Helen FlemiDg
Matthew Valentine Flemins
Thomas Munso Fleming
HaTry Ceoffrey Flemins
PRINCIPAL OFFICE
The Stonewall Park Charitable TTUSt
clo Management Services Limited
14 Buckingham Street
London
WC2N 6DF
INDEPENDEI4Tf EXAMINER
Hazlewoods LLP
Windsor House
Bayshill Road
Cheltenham
GL50 3AT
SOLICITORS
Currey & Co LLP
33 Queen Anne Street
London
WIG 9HY
REGISTERED CHARITY NUMBER
236nO
Page I

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2024
The Trustees present their report along with the finaneial statements of the charity for the year ended
5 April 2024. The financia] statements Comply with the Charitys Trust Deed, the Charities Act 2011, as
amended, and the reviewed Staternent of Recommended Practitr - Accounting and Repurting by
Charities {SORP 2015).
Reference and administrative inforn￿￿On set out on pase I forms part of this repoTt.
STRUCTURE GOVERNANCE AND MANAGEMENT
The Trnstees who held oflice throughout the year are shown on page l.
New Trustees, when required, are selected by the serving Tn25tees and are appointmentby a Resolution
of existing Trustees. New Trustees undet%0 an induction to acquaint them with the artivities of the
charity. Additional training andlor information is provided to the Truslees on an on-going basis.
No Trustee receives a fee for the Servi￿ they provide to the Ch￿lty, all time spent is donated free of
RFT Management Services Limited provides the eharity with administration and finanaal reporting
services.
OBJECTS AND ACTIvrriES
The Charitys obiects a￿ for the relief OE poverty, the advancement of educatiory the advancement OE
relAgion OT any other purposes beneficial to the evmmunity not falling under the precedins whith are
charitable according to the law of Ensland and Wales, in such nianner and such proportions as the
Trustees shall from time to time at their discretion decide.
The Trustees have been granted wide powers to act in furtheran￿ of the tharity's obied
GRANT MAKING POLICY.
The Trustees consider applications and approve grants, usualty annually. Although some grants may
be made to the same charities each year, none are promised or suaranteed.
The Trustees have considered the Charity Commission's suld&nce on public benefit indudins the
guidan￿ "public benefiL" running a tharity" when forniulating the grant making policy. In partiadar.
the Trustees consider how grants can be made to ensure maximurn benefit flows throush to the
intended ultimate beneficiaries.
ACHIEVEMENTS AND PERFORMANCE
Durin8 the year the Trustees made grants totallins £29,600 {2023 - £712501 to other chaTltable
OT8anisations as detailed in note as detailed in note 5 and 6.
The Trustees look Eorward to being able to continue their dvritable work in the coming years in
accordance with the srant making policy.
Pase 2

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 5 APIUL 2024 ICOT+lT'DI
FINANCIAL REVIEW AND INVESTMENf POLICY
The Charity's principal Sour￿ of income is from its investments whidi amounted to £70,676 {2023 -
£64,089). During the year, Trnstee5 ￿ent £34,098 12023 - £81,033) on charitable activities and
SoveLTwi￿, and administration of the Charity.
The Trustees have an agreed an investment policy for the Charity's investment poriEoJio. The
investment manaser has been advised that purtfolio is to be invested at a below average level of risk
with a balance of income and capital growth, with a bias towards income. The Trustees continue to
monitor the perforn)an￿ of the portfolio with regular investment reports and n￿ting5.
To meet these ob)'ectives, the Charity's investments are managed across a range of asset classes,
maintaintns diversilicatio￿ tu produce an appropriate balance between risk and retum.
FUTURE PLANS
The Trustees do not envisage any material changes to the operation of the Charity.
RESERVES POLICY
The capital is an expendable endowment and at this time the'frustees do not consider a speofic Reserve
Po]icy necessary. At the Balance Sheet date the free reserves of the ¢harity amounted to £158,931.
RISK MANAGEMENT
The Trustees have reviewed the major risks to which the Charity is exposed and are satisfied that
systems are in place to mitisate those risks. The principal risk faced by the Charity is an investment
risk. This risk could be the reduction in the capital value of the investments and the income derived
from the investments, required by the Trustees in meeting their charitable objectives. This risk hasbeen
addressed by the appointment of Professional advisors to monitor investnient Performan￿ and to
decide on acquisitions and disposals
KEY MANAGEMENT PERSONNEL
The Trustees are eonsidered to k the Key Management Personnel of the charity. The Trustees are not
remunerated Eor their servitts and there are no paid staff. RFT Management Services Limited provides
the Trustee8 WLth charity adrninistration and financial reporting services
Page 3

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 3 APRIL 2024 {COF￿,DI
sT￿TEN￿NT OF TRUSTEES. RESPONSIBILITIES FOR THE FINANCIAL STATEMENTS
The Trustees are responsible for preparing the Trustees, Report and the linanaal statements in
accvrdance with applicable law and United Kingdom Accountins Standards Iunited Kin8dom
Generally Accepted Accounting Practice).
The law applicable to tharities in England and Wales require5 the Trustees to prepare finanoal
statements for each financial year which give a true and fair view of the state of affairs of the Charity
and of the incoming resour￿S and application of reSoUr￿S for that periud.
In preparin8 those financial statements the Trustees are required to:
Select Sultable accounting policies and then apply them consistently
Observe the methods and principles in the ChaTities SORP;
Make judgments" and estimates that are reasonable and prudenl,.
Prepare the financial statements on a going concern basis unless it is inappropriate to presume
that the d)arity will continue in business.
The Trustees are responsible for keeping proper aeeounting records that disclose with reasonable
accuracy at any time the financial position of the dwity and to enable the￿ to ensuie the financial
statements comply with the Charities Act 2011, the Charities SORP and the provisions of the Trust
Deeds. They are also responsible for safeguarding the assets of the Charity and hence for taking
reasonable steps for the prevention and detection of Eyaud and other irresularities.
Approved by the Trustees and sisned on their behalf by:
IL
M V FLEMING
Trustee
Dated 24 Tv LY 2cY14
Page 4

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
JNDEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF THE STONEWALL PAIiK
CHARITABLE TRUST FOR THE YEAR ENDED 5 APRIL 2024
I report to the trustees on my examinatioD of the accounts of the Stonewall Park Charitable Trust for
the year ended 5 April 2024.
Respottsibllities and basis of report
As the charity trustee5 OE the'frustyou are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Art 2011 {'the Act'l.
I report in respect 0£ my examination of the Trusys accounts carried out under section 145 of the 2011
Act and in carrying i)ut my examination I have followed all the applicable DiTect(ons given by the
Charity Commission under section 145(51{bl of the Act.
Independent examinerfs ststement
I have completed my examination. I confirni ihat no material matters have come to my attention in
cmnection with the examination giving me cause to believe that in any material respect..
accountin8 records were not kept in respect OE the TTUSt as required by section 130 of the Act,.
or
the accounts do not accord with those records. or
the accuwits do not comply with the applicable requirements coneernin8 the form and content
of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'trne and fair view which is not a matter considered as
part of an Independent examination.
I have no conttms and have come across no other matter& in connection with the examination to which
attention should be draTrm in this report in 4)rder to enable a proper understanding of the accounts to
be reaehed.
Martin Howard
For and on behalf of Hazlewoods LLP
Bayshill Road
Cheltenham
GL50 3AT
Date..
25/7/2024
Pa8e 5

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
STATEMEFif OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2024
Unrestricted Funds
Expendable
NOTE Endowment
Total
2024
Total
2023
Income
JNCOME
Investment Income
70,676
70,676
64,089
TOTAL INCOME
70,676
70,676
64,089
EXPENDMJRE
Costs of generating ftu)ds
Charitable activities
TOTAL EXPENDITURE
11,506
4,890
16.396
11,506
34,098
45,604
9,478
81,033
90,511
29,208
29,20
NET {EXPENDITURE)nNCOME
(16J961
41,468
(26,4221
GainsllLosses) on investments
Realised
Unrealised
4,169
143,113
£169
143,113
(5,688}
(73,479)
NET MOVEMEwf IN FUNDS
130,886
41,468
172,354
{105,5891
RECONCtLIATION OF FUNDS
Total fi￿d$ brought forward
2.199,390
114,868
2,314,258
2,419,847
BALANCE CARRIED FORWARD
2J30,276
156,336
2A86,612
2,314258
CONTINUING OPERATIONS: all of the charitys activities relate to contxnuing operations.
TOTAL RECOGNISED GAINS AND LOSSES: the eharity has no recognised gains and losses other
than those shown in the statement of financial activities.
Page 6

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
BALANCE SHEET AS AT 5 APRIL 2024
NOTE
2024
2023
FIXED ASSETS
tnvesttnents
2,327,681
1169,118
CURRENT ASSETS
Debtors
Cash at Bank
5,570
158,905
164,475
8,252
143,454
151,706
LIABILITIES
Creditors: amount falling due within one year
io
(5,5441
(6,5661
NET CURREwf ASSETS
158,931
145,140
TOTAL ASSETS LESS LIABILITIES
2,486,612
1314,258
RepresentiThg'.
UNRESTRIcfED FUNDS
Expendable Endowment
Income
li
2,330,276
Is6,￿6
2,486,612
2,199,390
114,868
2,314,258
Approved by Ehe Trustees ana signed on their behalf by:
M V FLEMING
I"rustee
Dated 2024
Page 7

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
ACCOUNfiNG POUCIES
lal
Basis of Freparation
The Einanctal statements have been prepared in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021- The Charity is a publicbenefit
entity for the purposes of FRS 102 and a registeTed charity and therefore has also prepared its
financial statements in accordance with the Statement ol Recommended Practice applicable to
tharities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (The FRS 102 Charities SORPI, and Charities Aet
2011, as amended. The finanaal staternents are prepared in sterling, which is the functional
curiency of the company. Monetary amounts in these financial statements are rounded to the
nearest pound.
Coing Concern
The Trustees consider that there are no material uncertainties about the Charitys ability to
continue as a going Conce￿ have and continue to follow Government advice and ivillmonitor
future developments closely. With respect to the next reporting period, 2024-2025, the most
sisnrficant areas of uncertainty that affect the carryin8 value of assets held by the Charity are
the level of investment return and the perEorniaThce OE investrnent markets (see the investment
policy and Performan￿ and risk management sections of the Trustees. annual report for more
informat&on).
c)
Fwid Structure
Unrestricted Funds comprise those ￿ndS which the trustees are free to use in accordan￿ with
the charitable objectb.
The Expendable Endowrnent Fund represents those assetslcapital which are held for the longer
term for the Charity, in accordance with the terms of the Trust Deed. The Expendable
Endowment Fund can be used in accordance with the objects of the Charity and is induded in
the Unrestricted Funds. Any capital gains or losses arising on the investments held in the
Expendable Endowment Fund Eorrn part of that fimd. To the extent that 8rants paid exeeed the
amount available Erom income funds, tratlsfers are made from the Expendable Endowment.
Income arising on the Expendable Endowment Fund can be used in the Unrestricted Income
Fund.
Id)
Income
All income is recognised in the Statement of Financial Activities (SOFA} when the conditions
Eor receipt have been met and there is reasonable assurance of receipt. Where a claim for
repayment of income tax has or will be n￿de such income is srossed up Eor the tax recoverable.
The following accounting poliaes are applied to different categories of income..
Inve6tment Income
Investment income is accounted for when re￿Iv8b1e and ts stated gross of any reclaimable
taxation relief.
Page 8

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APIUL 2024 ICONVD)
ACCOUNTING POLICIES Icof+TT'D)
Expenditure
Liabilities are reco8nised as soon as there is a legal OT CQDStructive obligation committing the
charity to the expenditure. All expenditure is accounted for on an accrua]s basis and has been
classified under headings that aggregate all costs related to the category. The Eollowins
accountin8 policies are applied to the di££erent categories ofj expendI￿re.
Cost of Generattng Funds
The cust raising funds consists ol inve$ttt*nt ttiana8ement fees and related c05t5.
Ch4Atable Activities
Costs OE charitable activities includes grants made and support and s0veMan￿ costs.
Donations payable are recosnised when they are approved by the trustees and the recipient of
the srant has been informed of the amount to be paid.
Supp(Jrt and Governqxce Costs
Support and Governance costs comprise all costs &nvolvllE the public accountability of the
charity and its compliance with regulation and good practi￿. These costs indude costs related
to the independeDt examiner's fees together with support costs.
Flxed Asset Investments
Investments are stated at market value at the balan￿ sheet dair. The SOFA indudes the net
gains and losses on revaluats'on and disposals throughout the year.
Forei￿ Ctsrrencies
Transactions in foreign currencies aTe recognised at the rate OE exchange at the dale of
transaction. Monetary assets and liabllities are translated into sterling at the rate of exdiange
on the balance sheet date. Exchange differences are recognised through the statement of
financial activities.
(h)
Realisèd and Unrealisèd Gains and Losges
All sains and losses are taken to the SOFA as they arise. Realised gains and losses on
investments are calculated as the difference between sales PrO￿ed5 and opening market value
(purchase date if later). Unrealised gains and losses are calculated as the diEEerentt between
the market value at the year end and opening market value lor purchase date if later).
Critical accounting estimates and areas of judgement
In preparing financial statements, it 15 necessary to make certain adjustments, estimates and
asyumptions that affect the amounts recosntsed in the finanaal slatements. In the view of the
Trustees in applying the accounting poliaes adopted, no judsements were required that have
a significant effect on the amounts recognised in the financial statements nor do any estimates
or assumptions made carry a si8nificanl risk OE material adjustment in the next financial year.
lj>
Cash and cash equivalents
Cash and cash equivalents include cash at baD￿S and in hand and short tenn deposits with a
maturity date of three months of less.
Pase 9

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 ICONVD}
ACCOUNTING POLICIES IcoNr'DI
(k)
Financial Instnunents
The Charity4s financial instrumonts a]1 qualify as basic in accordance with Section IJ Basic
Financial Instruments of FRS 102. Financial instruments are recognised in the Trnsvs balance
sheet when the Trnst becomes party to the contractual provisions of the instrument. Finanaal
assets and Liabilities are offset, with the net amounts presented in the financial statements,
when there is a lesally enforceable risht to set off the rec(wiised amounts and there is an
intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
INFORMATION RECARDINC TRUSTEES AND EMPLOYEES
In the financial year ended 5 April 2024 none of the trustees received any remuneralion or had
expenses reimbursed by the d)arity {2023- nil). The Charity has no employees. The trustees
are considered to comprise the Charity's key management
INVESTMENT INCOME
2024
2023
Incume from Investments
Interest on cash deposits
68,0(Y)
2,667
70.676
62,387
1,702
64,089
COSTS OF CENERATING FUNDS
2024
2023
Investment Management Fee (after fee adjustment/Tebatesl
Custodian and Administration Fees
7,6n
3,835
6,508
2.970
11,506
9.478
Pase 10

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 ICONYD)
CHARITABLE AcTIV￿lEs
The tharity undertook no dirert charitable artivities but awarded donations to a number of
institutions in h￿theraTIce of Its charitable actAvities as follows:_
2024
Kent Medical School
British Nepal Medical Trust
Child RescLLe Nepal
Crown and Manor Club
Gurkha Welfare Trust
Moroccan Earthquake
Music Therapy Trust
Royal caledoni9￿ Education Trust
Sue Ryder Foundatii)n
Donations under QOOO {14 donations in total)
Total donations
Les5 cancel donation (Ester Benajmin Trust)
Support and GovernaJ)ce Costs (note 7)
Total
3,0(K)
2,000
2,000
2,000
2,000
2,000
2JM)O
10,600
29,600
(I,000}
5,498
34,098
ANALYSIS OF DONATIONS MADE
2024 2023
2024
2023
The prevention of relief of poverty
The advantrment of educativn
The advancement of religion
The advancement of health ot the saving oflives
The advan￿men1 ofj citizenship or commuDity
The advancement of the arts. culture, heritase. or
science
The advancement of amateur SPOEt
The adVan￿Ment of environmental protection or
improvement
The advancement of animal welfare
3,600
5,000
5,800
11,000
7,0(10
20,850
1500
12,000
13
17
16,500
2,000
1,500
iioo
7,1rf)0
4,QOO
71250
23
59
29.6
Pase 11

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APIUL 2024 ICONTD
SUPPORT AND GOVERNANCE COSTS
Unrestricted
Expendable
Endowment
Unrestricted
Income
2024
Total
2023
Tutal
Independent Exarniner Fee".
- current year
- prior year over accrual
Legal and profess￿onal Fees
Bank Charses
To tharAtable activities
1,200
{7001
1,200
17001
4,890
108
15,498)
2,740
4,890
108
{608)
97
(8,783)
{4,890)
FIXED ASSET INVESTMENTS
Movement in fixed asset investments
Unlisted Securities
2024
21r23
Listed Securities
21r24
2023
Total
2024
Total
2023
hlarket Value Brousht
Forward
Acquisitions at Cost
L￿5 Disposal Proceeds
Realised Gainslllosses)
on disposals
Net gainsl (loss) on
43,674
37.ln
2,125,444 1136,998 1169.118
2,174,169
368,1
229,471
368,177
1356,8961 1155J551 1356,8961
4169
15.6881
4169
229.471
1155.3551
{5,6881
10.253
6,503
132,860
(79,9821
143,113
{73,4791
TÈvaluation
Market VaIue at 5
Apiyi
Historicol Costs at 5
Aprtl
53,927
43.674
2,273,754 111SA44 2J27h81
2,169,118
28,845
28,845
1,831,648
1,813,399 1.860,493
1,842,244
Geo8raphical Analysis
UK iLTrvestments
Overseas investments
53,927
43,674
2,273,754
2.125,444 2,327,681
2,169,118
53,927
43fi74
2,273,754
1125A44 2,327*81
2,169,118
The following investments comprise in excess of 5% of the value of the portEolio:
Investments
Holding
Value
Thl Stonehage Flemin8 GBL Equities I A INC
T Bailey Evenlode Global Income
TM Redwheel UK Equity Income L GBP
Pimco Global Advisors IRL Ltd
Artemis Fund Manager Global Units
UK Treasury Stock 0.875% 3110712036
Bluebay Fund Mana8ement Co SA GBL
Ishare VII PLC USD Treasury Bond
134,226
130,453
157,569
18,635
110,823
172,500
587,239
194.362
174,428
169,954
146,686
130,869
124,883
122,241
27,207
Pase 12

Docusign EnvelopÈ ID." 2519488&C98W44BE-A4DD-7DA75095FFF5
THE STONEWALL PARK CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 ICONT'DI
DEBTORS
2024
Total
2023
Total
Fee Reba￿ Due
Tncome Due
274
7,978
11,252
5,282
5,570
io.
CREDITORS FALLING DUE WITHIN ONE YEAR
Unrestricted
Expendable
Endowment
Unrestricted
Income
2024
Total
AcLTuals
4,344
4,344
1,200
1,200
5,544
5,544
Unrestrirted
Expendable
Endowment
Unrestricted
Income
2023
Total
Accruals
4,066
4,066
2,500
2￿00
6,566
6566
ANALYSIS OF CHARITABLE FUNDS
Unrestricted
Expendable
Endowment
Unrestricted
tncome
2024
Total
Investments
Cash at batd(
Debtors
Creditors
2,327,681
6,651
288
{4,3441
2.330276
2,327,681
158,905
5.570
{5.544)
2.486.612
152.254
5,282
(1,2LX))
156W6
Unrestricted
Expendable Unrestrirted
Endowment
Jncume
2023
Total
Investments
Cash at bank
Debtors
Creditors
2,169,118
34,338
2,169.118
143,454
8,252
(6,566}
2.314,256
109,116
8,252
12.5001
114,868
(4,066)
2,199,390
Page 13