Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
Charity number: 253660
MISS V L CLORE'S 1967 CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1967 CHARITABLE TRUST
CONTENTS
Page
Ref•rnne• and Admlnlslrativ• D•talls of the Charity. ilj Trustees and Adv&8gY¥
Tftmte￿' R•port
Independent Examinerfs Report
ststement of Fifi•ncial Activilies
Balanc• She•t
N¢)ts¥ to Ihe Flnan¢l•l Stst•m•nts
8-14

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1967 CHARITABLE TRUST
REFERENCE AND ADMINISTRATWE DETAILS OF THE CHARITY, ITS TRUSTEES APID ADVISERS
FOR THE YEAR ENDED 5 APRIL 2025
TrustWS
Damg Vwien Duffield DBE, Chair
David Harrel
Charity regislernd
number
253660
Principal offlce
Studio 3
Chelsea Manor Studios
Flood Street
London
SW3 5SR
Ind•pondent EXamI￿r
Peters Eh¥orthy & Moore
CharleTed Accountants
Salisbury House
Station Road
Cambridge
C812LA
8onk•rn
C Hoare & Co
37 Fleet Street
London
EC4P 4DQ
Solicitorn
Moira Protani
72 WcAxlbourne Avenue
Brighton
BN18EJ
Page 1

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORES 1967 CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED S APRIL 2025
The Trustees present their annual ieport Icgelher with thg financial Statements of thè Charity for the yèar 6 April
2024 to 5 April 2025.
Reference and adrninistrative informalion sgt oul on page 1 forms part of this rèport. The finanaal statements
comply wfth current slalutory requirements. the Charity trust deed and the Stslement of Recommended Practice
AcLounting and Reporting by Charititss". SORP 8ppli¢able to tharilies preparing Iheir a¢counls in accordance
with FRS 102.
OBJECTIVES AND CHARITABLE ACTNMES FOR TfrIE PUBLIC BENEFIT
Purposos and alm5
The Charty was estsbllshed, aNI Is governe(l. by a charita￿e trust deed on 25 August 1967. Thg deed slates
that the Truste08 shall from time-to-time make donations frorn the income of the Trusl for the b&ngfft of such
charity or charitses as selected al theii absolute dis¢relion. Any income at 5 April not pald oul by the followlng 31
Marth becomes due lo the Clore Duffield Fsyjndation.
The original settlement wrnprtsed £1LX),CQO 8nd taiminates on 25 August 2047 or any eart￿r S Aprfl where the
Trust funds have fallen below £1.000.
Capit81 of up t¢ onè tenth of the value at the p￿￿ou3 year end lon& half after the setllorfs deathl may also be
distribuled. On lemiinalion funds be￿me due lo the Clore Duffield Found8b"on rf the Trustees do not exercAs8
their di5cr8tion in favour ￿ other ¢harilies.
The settk)r, D8me Vmen Louise Duffiold DBE. is at liberty lo make donations without consulting h8r co-Trustees
and wilhoul limit except that Ihgy should not exceed £SIKI for any one charity in any one year.
Th9 Trust aims to achieve its objectives by using the income from th8 investment portlolio and bar& dep%iis to
ftjnd grants in 8¢cordanee with the policy above.
Th8 Trusle8s have Teferred to the guidan¢8 contained in Ihe Charity Commission's general guidance on public
benefit when re*iewing the Chafitls aims and objeclives and in planning ils future adivilies. In particular, the
Trustees consid&r how planned adiwties will contribule lo the aims and objectives that have been set.
ACHIEVEMENTS AND PERFORMANCE
Maln ach1￿•m9n13 ofth• Charity
All its tharitable actNrfies are LwNJertaken to furtlwrthg Twst's chaiilable purposes for the public benefit.
During thè yaar. dc￿alK)nS lotalling £85.(th {2024.. £71.8001 were made lo a total of seven (2024". eight)
charitable organisalK)n$, assisbng a variety of causes including 8rts and heritage.
Al the year end the statement Offfina￿laI activitse$ shows a gain on investment asset$ of £7.301 {2024= £27.561
gain).
Incotne from inves1m￿t$ was £73,088 (2024.. £72.3211.
FINANCIAL REVIEW
Re#eNe$ Polky and Golng Concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to conlinue in operational existen(* for the foreseeable ftrture. For this reason, tl)ey cmlinue lo adopt
the going concem basis in prèparing the financial slatements.
Page 2

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1967 CHARITABLE TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 6 APRIL 2025
It 1$ the wliw of the Charty to maintain unreskncted funds, whth are the free reserves of the Charity. at a level
to provide sufficient lunds to Cover management, admini51[at￿n arKI govem8nce costs and, in parti¢)Jlar. to
cover grants recommènded for payment by Ihe TrusL
As a15 April 2025, the Charity had unrestricted funds of £2,C65.92912024". £2.073,￿1. The Tmstees conslder
this adequate to (x)ver all anlicipaled expendilur¢ in Ihe coming years.
Tho Trust will Continue to use the inojme froffl thè investment p¢)rtfolio and bank deposits to make donatlons as
and when the TrLrslges see fil.
Prlnclpal rl8ks and uncertalnlleB
The Trustees h8ve wewed major tisks to which Ihe Charity is exposed, particUla￿Y those related to the
opeialions and finances of the Trust. The Trustees have given consideration to the appropriate policAes.
procedures and systems lo mitigate the Charitys èxposura to Ihe maior risks.
Invostment Poll¢y
There are no formal Testric*ons on the Chartys pwer to invest.
Thè investmènt strategy is set by the Trustees and tskes 8ccounl of the re¢£nt demand for ￿ndS and the quality
of the funding applicatbns. The Trustees consider the income requiTemenls, the risk proffile and the investment
anagerfs vw of the market prospelts in the medium term. This strategy is set wrthin an overall polw whi¢*
slates that Ihe funds be invested in Icrw and medium risk invèstmènts with a vwl to ensurfng that capital
appreuatlon of the furKI exceeds inllalion. The unrestricted fijnds may be invested in any type of inveslmenl.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Miss V L Clore's 1967 Charitable Trust is a re9i$lered charlty, number 253e60. and 1$ aonstiluted uThJer a Trust
deed dated 25 August 1967. The Charity is uninGoTporated and was regislersd wilh the Chaiiti8s Cornffission for
England and Wales on 11 Sept8mber 1967.
Method• of appolntsnenl or elKtl¢)n of Tru$l•es
The management of the Charity 15 Ihe reswnsibilily of the Trustees who a￿ elelaed and o)-optgd under the
tems of the Trust deed which allows ¢ontirwJing Trustees lo appoinl additional Trust88S UP to a maximum of four
pe¢ple.
The Truslees mgel twice a ygar to award grants. remew th& invastm8nl portfolio and discuss administration
of th¥ Trust.
All Trustees give their lime voluntarily and recAgiV8 no beneffls from the Charity.
Pag¢ 3

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1967 CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENOED 6 APRIL 2025
STATEMENT OF TRUSTEES RESPONSIBILITIES
Thg Trustees are rnsponsible for preparing Ihe Trustees, Report ond the ffinancial Staternents In accordance with
applicab￿ L8w and United Kingdom Accounting Standards Iunrtèd Kingdom Generally Accepted Accounting
Practice).
The law applicabta to charities in England & Wal&s requires the Trustee5 to Prepare finanual stslemenls for
8ach financial ye8f whith give a true and fair view of the stale of affairs of the Charity and ol its inc(Kning
fesouice5 and application of resources, induding its income and expenditure, for that period. In preparing t￿se
financAal statements. the Trustees a￿ requiieil to..
select suitable ac¢ounling polics&s and then appty them consistenlly,.
observe the methods and pnn¢iples of the Charities SORP IFRS 1021..
make jLKlgements and a¢ts)unling eslimales Ihat are reasonable and prudent,"
Stale whether applicable UK Accounting Standards IFRS 102) have been follLwed, S￿)leCt lo any
material departU￿S disclosed and explained in the finanaal statements.,
piepaie the fin8n¢ial stsleftwnls on the going concem basis unless il is inappropriate lo presume that the
Charity will continue in business.
The Trustees aro responsib￿ for keeping adequate a￿ountIng rècords that are sufficient to show and eX￿aIn
the Ch3riVs trans8￿￿$ and disclose with reasonable ac￿raCY at any time the financ4al position Of the Charity
and enable thern to ensure that the financial statements comply with the Charilios Ad 2011. the Chaiity
(Accounts and Reports) Regulations 2008 8nd the provisions of the Trust deed. They are also resF4Jnsible for
Safeguarding the assets of the Charity and hence for tsking reasonable steps for the preventh.on and detection of
fraud and other iffegularilles.
Approved by ¢y<ler of the members of the board of Truste&s and sKJned on their behalf by..
Dame Vlvlèn Duffield D8E
Chair
Dale:
Page 4

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1967 CHARITABLE TRUST
IMDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 6 APRIL 2025
INDEPENDENT EXAMINER'S REPORT TO THE TrUSTEES OF MISS V L CLORES 1967
CHARITABLE TRUST Ilhe Charityl
I r¥port to the charity Trustees on my examinali)n of the accounts of the Chlrily for the year ended 5 April 2025.
RESPONSIBILMES AND BASIS OF REPORT
As the Trustees of the Charrfy you are rg$ponsible for Ihe preparation of th8 acojunts in ac£ordance with the
requirements of the Charities Acl 2011 Ilhe 2011 Acri.
I report in respect of my examination ofthe Charitys accounts carried out under se¢tk)n 145 of the 2011 Act and
In carying Out my examination I have followed the 8ppli¢ablg Directions given by the Charity Commission under
8e¢tion 1451511bl of the 2011 Acl.
INDEPENDENT EXAMINER'S STATEIIENT
Your attention is dr8Wn to the fact that thè Charty has prepare(J the 8c¢ounts in accordance with Accounting and
Reporting by Chariti8s.' Statement of ReconNnended Practice applicable lo charities prep8ring their accounts in
accordance wth the FinancAal Reporting Slandafd applicable in the UK and Republ￿ of Ireland IFRS 1021 in
preference to the Accounting and Reporbng by Chawities.. Sl8l&menl of Recomm8nded Pradice issued on l April
2005 which is referred lo in the oxtant wulations bul has been withdrawn.
l undgrstand that this has been (lone in order for th8 accounts to provide 8 Irue and fair view in accordance with
the General￿ AcLepted Accnunting Pr&tth effectwe for reporting periods beginning on or aftgr 1 January 2019.
I havè compl8ted my 8xamination. I ￿nTiM that no matters have corne tts my attenllon in conngction wNh tho
exafflination giwng me causo lo b8lieve that in any matsrial respect..
act￿ntIng recwls were not kept in respect of the Charity as required by section 130 of tho 2011 Act; or
the acLounts do not accord with t￿*s8 records: or
the accounts do not comply with the applicable requirements conceming the form and content of
accounts set out in the charit￿S (Accounts and R8ports} Regulations 21X)8 other than any req￿reM￿nI
thal the accounts g￿e a and fairf which is not a matt8r c£Jnsidgred a8 part of an Independent
examination.
I have no eA)ncerns and have come across no other matters in connection ￿th the examination to whiGh
alt&nb"on should be drawn in this report in order to enablg a wopor undérstanding of the a(￿unts to b8 rèached.
Thi5 report is made solely to the Charitls Trustees, as a body, in aG￿rdance wilh Part 4 of the Charili&s
{Accounls and Reports) Regulalions 2008. My work has been undertaken so that I might state to the ChariVs
Tmstees those matters l arn required 10 state lo Ihem in an Independent Examinels Report and for no other
purpose. To the fulle$t extent permitted by law, I do not a￿ept or a$wme responsibility lo anyone othar than the
Charity and the Charty's Trustees as a body. for mywtsrk or for Ihls report.
Signed.. Nts&'
Dated..
15 December 2025
Nikki Loan FCA
Peters Elworthy & Moore, Salisbury House, Slalion Road. Cambridge, C812LA
Page S

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1967 CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTNITIES
FOR THE YEAR ENOED 5 APRIL 2025
Unmtricted
funds
2025
Tolal
funds
2025
Tolal
funds
2024
INCOME FROM:
Invastrnents
71088
73,088
72,321
TOTAL INCOME
n.088
73.088
72.321
EXPENDITURE OM:
Charitsble a¢tivib¢$
88.366
88.366
76.3C6
TOTAL EXPENDITURE
8U,366
88,3fj6
76.306
Net gains on Investments
7.301
7.301
27,561
NET MOVEMENT IN FUNDS
17,9771
17.9771
23,576
RECONCILIATION OF FLINDS:
Total funds brougm forward
Nel rnovemenl in funds
2,073,906
,977
2,073,906
17.977)
2,050,330
23.576
TOTAL FUNDS CARRIED FORWARD
2.066.929
2.065.929
2.073.906
The Slalemenl of FIftan￿1 Activities includes all gains and lo￿$ recogniseil i) year.
The nolgs on pages 8 to 14 fom part of these finanoal ststemènls.
Page 8

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORES 1967 CHARITABLE TRUST
BALANCE SHEET
AS AT 5 APRIL 2025
2026
2024
Note
FIXED ASSETS
Investment$
2.049.361
2,047.013
CURRENT ASSETS
Debtors
10
17.412
2.156
Cash at bank and in hand
41,439
19168
41.439
CURRENT UABILITIES
reditors.. amounts falling due wiéhin on8
year
11
13.0001
114,546)
MET CURRENT ASSETS
16.568
26,893
TOTAL NET ASSErs
2,065.929
2.073.￿6
CHARITY FUIIDS
Unrestsithd funds
2,065.929
2.073.￿6
TOTAL FUNDS
2.065.929
2.073,
The finanrAal stalernents were approved and authorised for issue bylhe Trustees and signed on their behaw by..
Dame Vlvl•n Duffl91d D8E
Chair
lo
The notes on pages 8 10 14 lomi part ofthose financial statements.
Page 7

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1967 CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMEIWJ
FOR THE YEAR ENDED 5 APRIL 2025
GENERAL INFORMATION
MISS V L Clore's 1967 Charitable Trust is an ￿￿n￿)rporated ch8rfty re￿St￿re￿ wtth the Charities
Commission in Englgnd and Wales. Ils registered office is Slthyio 3. Chelsea Manor Studios. Flood Street.
London SW3 5SR.
The fUn￿MMa1 and presenlatk*nal curfenoy Is GBP. The finandal statements are routKled lo the ne8rest
pound.
ACCOUNTING POLICIES
2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial stat8ments hav8 prepared in accordance with the Charities SORP IFRS 102} -
Accounting and Reporting by Charit￿$.. Statement of Recommended Practice applicable to tharrties
preparing their acwunts in acc(*ilance wilh Ihe Finandal Reporting Slandard appliCa￿e in Ihe UK
and Republic of Ireland {FRS 102} {effe¢tive 1 January 20191. the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Chaiilies Ad 2011.
The fin8neial $tslemenls have been prèpared to giv8 a 'tru8 and fair view and have departed from
the Chartties (Accounts and Rewrtsl Regulations 2008 On￿ to the extent required lo prcswde a Ifue
and fairf view. This deparbjre has involved following the Charities SORP (FRS 102) published in
October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended
Pradi¢g effedive from 1 Aprl 2005 whith h8$ $in¢e been wthdrawn.
Mi85 V L Clore's 1967 Charitable Trust meets the definition of a public benefft entity under FRS 102.
Assets and liabilities are inrtialty recognisgd at histori￿1 cost or transaction value unless oth8rwso
stat8d in the rèlèvant accounts.ng policy.
2.2 GOING CONCERN
After making appropriale enquir￿$, the Trustees have a reasonable expectation that the Charity ha$
adequate resouice8 to continue in operational existence for the fo￿Seeable futur•. For this reason,
they tsjntinue to adopt the going o)ncem ba818 in preparing the finan¢ial stslemenls.
The Trustaès ¢onsider that thore ¥r¢ M material uncertainlies about the Charivs ability to continue
as a going conc*rn.
2.3 INCOME
All income is fe¢ognised Mce the Charity has entitl&menl lo the incom8. it is probable that the
incotne will be received and the amount of incon* receivable can be measured reliabty.
Interest on funds held on deposit and dmdends from investments are induded when receivable and
the amount can be measufed reliabty by the Charity,. this is nomally upon notif￿alon of the interest
paid or payable by the bank or inveslment manager.
Page 8

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1%7 CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMEKTS
FOR THE YEAR ENDED S APRIL 2025
ACCOUNTING POLICIES (CONTINUED)
2.4 EXPENDITURE
Expenditure is recognised once thero 1$ a legal or conslruth.ve oblig8tion to transfèr economic benefrt
lo a third party, it is probabie that a Iran$feT of erL*nornic benefits wll be required in settlement arKJ
the amount ofthe obligation can be measured ieliably. Expenditure is da5srf￿d by acliwty.
Expenditure on tharilabkg actNits8s includgs the o)st8 of 9r8nt Ma￿n9 undertaken lo further Ihg
purposes of the Charity and their asso¢i8led support costs.
GOV8manc￿ costs are Ihè costs aSSo￿ated the governance arrangements of the Charity. These
costs are associated with ¢onstitLrtional and statutory requirements and indudè any costs assoaatgd
with the slrategTC management of the Charws activ￿e$
Irr￿1verable VAT is charged as a t))st against the acliMty frjr which the expenditurè was in(#Jrred.
Grants paydble are made to third parbe$ in furlherance of the Charitys obje¢ts. Single or mulkn-yeèr
grants are accounted for when either the iecipienl has 8 reasonable expectation that they will receive
a grant and the Trustees have agreed to Pay the grant wilhoul condition. or Ihe ie¢ipienl has a
reasonable expectatK)n that Ihey will recaive a grant and that any conditi¢)n attaching lo the grant 1$
outside of the ￿ntrol of the Charity.
Prwsions for grants are mad8 when the intention lo make a grant has tseen cnmmunicaled to the
recSplent bul there is uncertainty aboLrt either the liming of the grant or the amount of grant payatle.
2.$ INVESTMENTS
Flxed asset Inveslments are a fomi of financial instrument arKI a￿ in￿alty recognised at their
transactitin ¢081 and subsequently me8sured at fair value at the Balance Sheet dale, unless the value
cannot be measured reliably in which case il is measured al cy)st less impairment. Investment gains
and losses, whether realis8d or unrealised. are combined and presented as 'Gainsl{Lossesl on
inveslm8nts' in the Statement of Financial Aclivities.
2.6 DEBTORS
Trade and other dgblors are recognised al the settlement amount after any Iradg dis￿l￿t offgred.
Prepayments are valued at the amount prepaid nat of any trade dF8tiJunts du8.
2.7 CASH AT BANKAND IN HAND
Cash at bank and in hand indudas cash and short-term highly Iquid inveslments ￿th a short maturity
of three months or less from the dale of acquisibon or oponing of the depo*t or simllai acc￿1.
Page 9

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE% 1967 CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2026
ACCOUNTING POUCIES (CONTINUED)
2.8 LIABILITIES AND PROVISIONS
Liabilities arg re¢ognissd when thero is an obliga￿.On al the Balance Sheet dale as a result of a past
event. it is probable that a transfer of eoonomio benefft will be required in settlement, and the amount
of the settlement Can ￿ èstimated rel18t￿y.
abilities are reu)gni8ed at the amount that the Chority anlicipates it will pay lo setue the debt or the
am￿nI rt h8$ ￿¢91¥£￿ as advanced payments for the goods or servi¢e$ it must prowidg.
Provisions are measured at the best estimate ol the amounts Tequirèd Its settle the oblig81*)n. Where
the effect of the time valu8 of money is material, the provision is based on the pre3ent vahje of those
am¢)unls, discounted at Ihe prfrlax dis(xJunl f81e that reflects the risks specrfic to the liability. The
unwinding ofthe ¢Jiscount is reeognised in the Statement of Finandal AdlMt*s as a finan￿ ￿$1.
2.9 FINANCIAL INSTRUMENTS
The Ch8rty only h8s finanual assets and financial liabilities of a kind that qualify as basic finanual
instiuments. Basic financial instruments are Init￿llY recogni8ed al Iransacli¢)n value and subsequently
measured at th8ir sgtt18monl value.
2.10 FUND AccouiifiNG
General funds are unrestricted ftmds which are aydilable for use at the disuelion of the Trustees in
lurtheranc& of tho general obje¢tiVos of the Charity and which havfj not been designatgd for other
purwsès.
Designated funds cornprise Lmrostricted funds that have been sel aside by the Trustees for particular
purposes. The aim and use of each designated fund is Sel out in the notes to the finanThal
slateme¢)ts.
Restricted fijnds are funds whith are to be used in accordance with specrfic reStr￿tIonS imposed by
donors or which have been raised by the Charity for particular purposes. The ojsts ol raising and
8dminisleTing su¢h funds are ¢hargeil 8g8in$l the speu'fic fvn(J. The aim And use of each restricted
fijnd is set out in the notes to the ffinancial statemènts.
Investrnent Income. gains aThJ losses are alks¢ate(I to the appropriate fund.
CRITICAL ACCOUNTING ESTIMATES AND AREAS OF JUDGEMENT
Estimates 8nd judgements are ts)nlinually evalu*éd and ar8 based on histor￿1 experierJeE and othèr
factors, I￿￿]ing expectations of f¢Jtuie events that are believed lo be rga$onablg under the
circumstar￿eS.
Cribcal a￿)unI￿v) eslimal8s and assumptlon$:
The Charity makes estimates and assumptions concerning the future. The fesulting ac￿UntIng estimates
and assumptions WIN, by definilton. seldom equal the relatsd actLtal resutts. There are no e51imales and
assumptions that have a Signif￿ant risk of causing a material adjustment to the carrying amounts of
a88els and liabilities within the next finano¥l year.
Page 10

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORES 1967 CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
INVESTMENT INCOME
Unrnstrlcl•d
fund8
2025
Total
funds
2025
Total
funds
2024
Income from listed investments
Bank interest
n,459
629
72A59
629
71,627
n,088
73.088
72,321
ANALYSIS OF EXPENDITURE BY ACTivrriES
Grant
fundlng ot
a¢tlvltlès
2025
Support
costs
Total
funds
202S
Total
funds
2024
2025
Grants
85,000
3.366
88,36
76.3C
TOTAL 2024
71,800
76,306
ANALYSIS OF SUPPORT COSTS
Ti>tal
funds
2025
Total
funds
2024
2025
Ind8pendent examination lgoveman￿l
Financial statements preparat￿n
Bank charges
1.8C(J
1.2C
3e6
1.800
1.200
366
2,970
1.170
3.3e6
3.366
Page 11

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1967 CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
ANALYSIS OF GRANTS
Grants to
In$titution$
2025
Totsl
funds
2025
Tot81
funds
2024
Grants
85,((JO
85,000
71.8C(I
The Ch81ty has n7ade the follownj matenal grants to inslrtutions during Ihe year:
202S
2024
NAME OF INsT￿l￿￿ON
Blue M8rine Foundation
Lincolnshire B¢)mber Command Memorial (Women in Wat)
Hampshire Med￿1 Fund
Médedns Sans Fronllères (UK)
Music Matters
Save Ihg Chitrjrgn
Wallace CO1￿￿10n
Countryside Alliance
London Music Fund
Nalional Garden Scheme
Nuova MusKa
ROH Antonio Pappano Gala
ROH Das Rheingold
Wexford Opera
5.000
s.000
10.000
25.000
10.000
25.000
4000
10.C4JO
5,OJO
2,400
10.CK¥)
85.000
71.8(
INDEPENDENT EXANINEifs REIIUNERATION
2025
2024
Fee3 linduding VAT) payable to the Ch8ritls independent 8xamNier for thè
independent examination of the Charrws annual acwunls
Fees (Including VAT) payable to the Charitls independent examiner in
respect of..
The preperalion of the Financial Statements
1.800
2.970
1.200
1,170
Page 12

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORES 1967 CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO S APRIL 2025
TRUSTEES. REMUNERATION AND EXPENSES
rmring the year, no Trustees received any remuneration or other benefits {2024- £NILI.
tklring Ihg year ended S April 2025. no Trustee expenses h8ve been itKurred12024- £NIL}.
FIXED ASSET INVESThIENTS
Llsted
Inv•stments
VALUATION
At 6 April 21Y24
Addibons
Disposals
Revaluation3
2.047,013
55.047
160,000)
7.301
AT 5 APRIL 2025
2.049.361
NET BOOK VAUIE
AT S APRIL 2025
2.049.361
AT S APRIL 2024
2,047.013
10. DEBTORS
2028
2024
DUE WITHIN ONE YEAR
Accrued income
17,412
11. CREDITORS: A￿uP￿rS FALLING DUE WITHIN ONE YEAR
2025
2024
Attruals
3.000
4.140
10.4C6
Grants accrued
3.000
14,546
Page 13

Docusign EnvelopÈ ID." 17A160C&OFF&478C-A6E5-E87BAD89C422
MISS V L CLORE'S 1967 CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
12. FINANCIAL INSTRUMENTS
2025
2024
FINANCIAL ASSETS
Finanaal assets measured at fair value Ihr(wh SnGome and expenditure
2,049,361
2,047.013
Finanoal 88Sgts measured at fair walue through incomè and expendf(uie ¢ompris8 investments in listed
stocks and shares.
13. RELATED PARTY TRANSACTIONS
D8me Viwen Duffield and Dawd Harrel are both trustees of Clore Duffiekl Foundation, which has not
been awarded a grant in either the current or previous finarKial years. Any grants made are as a result of
dause in the Tnjst daèd whereby the undisthbuled income from the PriOT year becomes payable to the
Clore Duffield Foundation. Furthgr details are included in page 2 of th8 Truslee5' Annual Report. During
2024r25. the £10,406 balance due lo the Ck)re Duffield Fo￿da￿.0ft was settled,. this balance represented
unsp8nt incnme relaling to the 2022r23 fin8n(i81 year.
During the year. a grant of £5,(M)O was paid to Blue Marine Foundation. Dame Wrvien Duff5eld's son,
George ￿n0)In DuffEld, co-founded Blu& Marine Foundation.
Dame Viwen D￿le1d is currenlly Chair of the Royal Opera Houso Endowment Fund. During the year. no
grants were made to the Roy81 Opera House {2024: £10,800).
Arabella Duffield, daughter of Dame Duffield, is also a Trustee and Vice Chair of Sav8 the
Children. Save the Children rgceived a grant of £25,000 {2024.' £30.C4)01.
Page 14