Charity Registratlon No. 257655 THE PEACOCK CHARITABLE TRUST TRUSTEES, REPORT AND FINANCIAL STATEPAENTS FOR THE YEAR ENDED 5TH APRIL 2024
THE PEACOCK CHARITABLETRUST CONTENTS OFTHE FINANaAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2024 Charity Information Report of the Trustees Report of the Independent Auditors Statement of Financial Activities Balance Sheet Statement of Cash Flows io Notès to the Financial Statements 11-14 Grants to Charlties 15-16
THE PEACOCK CHARrrABLETRUST CHARITY INFORMATION FOR THE YEAR ENDED 5TH APRIL 2024 TRUSTEES: C H Peacock Mrs B Bond Dr C Sellors BENEFACTOR: W M Peacock REGISTERED ADDRESS: PO Box 79878 London SW19 9RQ REGISTERED CHARrrY NUMBER: 257655 AUDITORS". Scott Vevers Ltd 65 East Street Brldport Dorset DT63LB BANKERS". CAF Bank Ltd West Malling Kent ME194TA INVESTMENT ADVISORS: Cazenove Capital l London Wall Place London EC2Y SAU PaEe I
THE PEACOCK CHARITABLE TRUST REPORT OFTHETRUSTEES FOR THE YEAR ENDED 5TH APRIL 2024 The trustees present their report together with the financial statements of the charstyfor the year ended 5th April 2024. The atcounts have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charity's governin8 docurnent, the Charities Act 2011 and Accounting and Reporting by Charities.. Staternent of Recommended Practice applicable to charities preparin8 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. oBJEIVEs AND AcmiiTIES Objects and Strategies The objects of thè Tiust are.. to advance the education of poor and deserving boys and girls,. to relieve poverty, hardship, suffering and distress,. to augment the income or capital of other charitie5' to carry out such legally charitable purposes as the trustees by deed declare. The charity achieves these aims by making grants to other charitiès. Its investment strategy is focused on gènèrating a total return over time which allow5 for the maintenance Of capital in real terms and a distribution polity based on percentage of the rolling average of the endowmenvs value to enable a substantial number of grants to be made each year. When planning the charity's activities and setting the grant-MakI policy for the year the trustees have referred to the Charity Commission's guidance on public benefit. A1VlEs, ACHIEVEMENTS AND PERFORMANCE Flnanclal AleW Income Total income (which remains all investment Income) amounted to £936,655, a 9% increasè in comparison with the £857,359 received in the previous year. Thi5 w3s due primarily to change in the mix of investments held within the investment portfolio and the effect of risin8 Interest rates recèlvèd on cash balances and deposits. Grants made Charitable donations in the year, which are listed on pagès 12 and 13, were raised to £1,412,2(X)12023 £1,248,200). This represented 3.0%12023 2.5%) of the value of the total charity funds at the start of the financial year. Overall. taking portfolio management fees and the administration costs of running the charity Into account, expenditure exceeded income by £503,730 12023 £420,547). After takin8 account of realised and unrealised gain5 and105ses, there was a net gain of £2,809,507, lifting total fvnds as at 5th April 2024 to £49,185,71312023 £46,376,206). This represents a partial reversal of the £4 mrllion drop in valuè of the charity funds during the trSt'S prior financial veaT120221231. Investment oli and erforman The tTUStees have given their investment advi50r5 a discretionary mandate to manage investments in accordance with the agreed objectives. The trustees meet regularly with the advisors to review and monltor performance. The trust has a total return approach to investment with a view to achieving a more consistent level of grants, while maintaining the real value of the endowment over the medium terrn.
THE PEACOCK CHARITABLE TRUST REPORT OFTHETRUSTEE5 FOR THE YEAR ENDED 5TH APRIL 2024 Other funds of the trust are held on deposit and Spread between deposit taker5 to minirnise counterparty risk. Equity markèts recovered during the financial year, both due to expertations that inflation wasset to fall, allowing centTal banks to start lowering interest rates. and significant Increases in value in the leading US technology shares, driven by sentiment towards Al lartificial intelligence). Consequently, the trust'5 investment portfolio recorded a posltlve net total return of 9.1% in the period (negative return of 5.4% in 20211221. Reserves Pollcy The trustees aim to keep sufficient reserves to generate investment returnsto fund the trust's objectives. These are at least to hold and preferably to gTOW the overall level of Erants made. while pursuing the secondary financial objective of maintaining the real value of ihe endowment over time. FWURE PLANS The trustees do not anticipate receiving further endowment capital into the trust and consequently the amount available for distribution is wholly dependent on investment performance over time. Having regard for the Reserves Policy above, the trustees will decide on the overall level of annual grants in the light of investment returns and the outlook. Although the investment portfolio staged a recovery during 2023124, the trusvs net asset5 remain below the level reached at 5th April 2022 and below the level which would meet the goal of maintaining the value of trust's investments in real temis over the longer term. At the time of writing, the geo-political and macro-economic outlook remain uncertain. Against thls backdrop. the trustees plan to distribute grants at least at the level of those made in the year under review and wlll contlnue to monlt¢x closely the development of investment returns during the current year, GRANTMAKING AND APPLICATONS The trustees meet three times a year to decide on the grants to be made. Application for a grant is by invitation only and unsolicited applications will normally not be considered. Charlties invlted to apply for support are required to submit a report on their activities and financial information in a presttSbed form to facilitate the trustees, review. STRuuRE, GOVERNANCE ANO MANAGEMENT Governing Document Thè tharlty was èstablished by a Declaration of Trust dated 23, Dember 1968. The capital was provided by cash settled and subsequent Eifts and bequests by W M Peacock, J A Peacock and Mrs S Peacock. The trustees have absolute discretion to apply trust capital and income for any one or more of the objects of the trust. The trustees who served during the year are listed on page l. The power to appoint new trustees isvested in the ex15ting trustees. Future trustees will be selected to ensure the board maintains a suitable mix of skills and experience to continue its work and will be given an appropriate induction into the charity. Trusteesattend training courses where it is considered necessary. Page 3
THE PEACOCK CHARITABLE TRUST REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 5TH APRIL 2024 Major Risks The trustees have a policy of formally reviewing the risks to which the chariiy is exposed at least annually. The main risk identified 15 that the charity's investment performance will fall below the level required to make the level of grant5 the trustees would wish. This risk is mitigated by the application of the investment policy. STATEMEwf OF TRUSTEES, RESPONSIBILITIES Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the flnanclal activities of the charity for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently observe the methods and principles of the Charities SORP make judgements and estimates that arè rèasonable and prudent,. state whether applicable accounting standards have been followed. subject to any departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concern basls unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records whlch disclosè with reasonable accurary at any time the financial position of the charity and to enable them to ensure that the financial statements cornply with the Charities Act 2011 and the provisions of the trust deed. They are also responsible for safeguarding the a55ets of the charity and hence for taking rèasonable steps for thè prevention and detection of fraud and other irregularlties. STATEME AS TO DISCLOSURE OF INFORMATION TO AUDITORS So far as the trustees are aware, there is no relevant audit information, of which the trust's auditors are unaware. and each trustee ha5 taken all the steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the trust's auditors are aware of that information. AUDITORS The auditors, Scott Vevers Ltd, havè 5ignifJèd their willingness to remain in Offi and proposal for their re-appointment will be proposed at the next tru5tee5 meetlng. ON BEHALFOFTHE TRUST: C H Peacock Trustee 14 January 2025 Page 4
INDEPENDENT AUDITOR'5 REPORTTO THETRUSTEESOF THE PEACOCK CHARITABLE TRUST Oplnlon We have aud5ted the financial statements of The Peacock Charitable Trust for the year ended 5 April 2024 set out on pages 8 to 16. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), Including Financial Reporting Standard 102 The Financial Rep(rting Stondord tspplicoble in the UK ond Republit Df Ireltjnd (United Kingdom Generally ACpted Accounting Practice). In our opinion the financial statements give a true and fair view of the state of the charity's affairs as at 5 April 2024 and of thè Incoming resources and application of resourcès, for the yèar then ended,. have been properly prepared in accordance with United Kingdom GenerallyAccepted Accounting Practice,. and have been prepared in accordance with the CharitiesA¢t 2011. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicablè law. Our responsibilities under those standards are further described in theAudiiorfs responsibilitiesfor the audlt of the financial statement5 section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial stètements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufpicient and appropriate to provide a basis for our opinion. Conclusions relating to 8olng concern In auditiri8 the finantial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statement5 is appropriate. Based on the work we have performèd, we havè not Identified any material uncertainties relating to events or condition5 that, individually or collectively, may cast significant doubt on the ¢harity'S abi1Sty to continue as a 80in8 concern for a périod of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going toneèrn are described in the relevant sections of this report. Other Informatlon The trustees are responsible for the other information. The other information comprises the information included in the trustees, annual report, other than the financial statemènts and our auditor's report ihereon. Our opinion on the financial statements does not cover the otherinformation and, except to the extent otherwise explicitly stated in our report, we do not exprèss any form of assurance conclusion thereon. In connection with our audit of the finan¢Sal statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially incon51Stent th the financial statements. or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies OT apparent material mi55tatements, we are required to determine whether there is a material misstatement in the financial statements OT a material misstatèment of the other information. If, based on the work wè have performed, we conclude that there is a material misstatement of this other information, we are required to report that facL We have nothing to report in thls regard.
INDEPENDENT AUDITOIVS REPORTTO THE TRUSTEES OF THE PEACOCK CHARITABLE TRUST Matters on whlch we are required to report by exception In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, report. We have nothing to report in respect of the following matters to which the Charities Act 2011 requires us to report to you if, in our opinion- the information given in the financial statements is inconsistent in any material respectwith the Trustees, Annual Report.. or the charity has not kept adèqtsate accounting records: or the charity's financial statements are not in agreement with the accounting records and returns,. or we have not received all the information and explanations we require for our audit. Responsibilities ol trustees As explained more fully in the Trustees, Responsibilitiesstatement set out on page 4, the trustees a responsible for the preparation of the financial statement5 and for being satisfied that they give a true and fair view, and for such internal control as the trustees dÈtermlnÈ 15 necèssary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's abllity to continue as a going concern, disclosing, as applicable, matters related to a going concern and using the golng concern basls of accounting unless the trustees either intend to Ilquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditorfs responslbilltles for the audh of ihe flnandal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act. Our objective5 are to obtain reasonable assuran about whether the financial statements as a whole are free from material rnis5tatement. whether due to fraud or error, and to issue an auditols report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will alway5 detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expècted to influence the economic decisions of users taken on the basis of these financial ststèments. Irregularities, including fraud, are instances of non<ompliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in spect of irregularlties. including fraud. The extent to which our procedures are capable of deterting irregularitie5, including fraud is detailed bèlow-. Our approach to identifying and assessingthe risksof material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: the engagement partner ensured that the engagement team collectively had the appropriate cornpetence, capabilitSes and skills to identify or recognise non-compliance with applicable laws and regulations: wè identified the laws and regulations applicable to the charity through discussions With trustees and other rnanagement, and from our commercial knowledge and experience of the charity sector,. we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of thè charity, taxation legislation and data protection, employment and health and Safety legislation,. we assessed the extent of compliance with the laws and re8ulations identified above through making enquiries of management and inspecting legal correspondence; and identified laws and regulations wère communicated wlthin the audit team regularly and the team remained alert to instan$ of non-compliance throughout the audlt.
INDEPENDENf AUDITOFVS REPORT TO THE TRUSTEES OF THE PEACOCK CHARITABLETRUST We assessed the susceptibility of the charity'sfinanclal statementsto materlal mlsstatement, Includi obtaining an understanding of how fraud might occur, by: making enquiries of management as to where thèy considered there was susceptibility to fraud, thèir knowledge of actual, suspected and alleged fraud,. and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations To address the risk of fraud through management bias and override of controls. we: performed analytical procedures to identify any unusual or unexpected relationships,. tested journal entries to identify unusual tran5actions,' assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias,. and investigated the rationale behind significant or unusual transactions. Sn response to the risk of irregularities and non-complian with laws and reEulations, we deslgned procedures which included, but were not limited to.. agreeing financlal ststement disclosures to underlying supporting documentation reading the minutes of meetings of those charged with governance,. enquiring of management as to actual and potential litigation and claims,. and Because of the inherent limitations of an audit, there is a risk that we wlll not detect all irregularllSes, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected In the flnancial statements, as we w511 be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involve5 intentional concealment, forgery, collusion, omission or misrepresentation. A further descrlplion of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at- www.frc.org.uk/auditorsrè5ponsibilities. This description forms part of our auditor's report. Use of our report This rèport Is made solèly to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken 50 that we might state to the charity's trustees those matters we are required to State lo them In an audltor's report and for no other purpose. To the fLtllest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charl5 trustees as a body* for our audit work, for this report, or for the opinions we have formed. Scott Vevers Ltd Chartered Accountants and Statutory Auditors 65 East Street Bridport Dorset DT63LB Scott Vevers Ltd is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006. Page 7
THE PEACOCK CHARITABLE TRU ATEMENT OF FINANCIAL A1VITIEs FOR THE YEAR ENDED 5TH APRIL 2024 Unrestricted funds Income Capital fund fund Notes 2024 2023 Income from: Investment income 936,655 936,655 857,359 Total Income 936,655 936,655 857,359 Expenditure on: Charitable activitles Grants to charltles 12 1,412,2 1,412,200 1,248,200 Support costs 28,185 28,185 29,706 Total expenditure 1,440,385 1,440,385 1.277,906 Net expenditure betore transfers 1503,7301 1503,7301 1420,5471 Gross transfers between funds 502,644 1502,6441 Net expenditure belore other recognised 8ains and1055e5 11,0861 1502,6441 1503.7301 1420.5471 Galns / Ilossesl on investment assets: Realised Llnrealised Exchange gains11105se51 Net mement in fund5 327,746 2,984,405 327,746 2,984,405 1,086 2.809,507 349,480 13.923,8271 14,5061 13.999,4001 1,086 2.809,507 Reconclliation of funds Total fund5 brought forward 46,376,206 46,376,206 50,375.606 Total fund5 carrled fonvard 49,185,713 49,185,713 46,376.206 All amounts derive from continuing activitie5. All gains and losses recognlsed In the perlod are Included In the statement of flnanclal artivities. The notes on pages 11 to 16 form part of these financial statements Pa [.'
THE PEACOCK CHARITABLE TRusr BALqNCE SHEFr AS AT 5TH APRIL 2024 Note5 2024 2023 Fixed Assets Listed investments 47,259,987 45,091,679 Current assets Debtors- other debtor5 Short terni deposit accounts Cash at bank 300,477 1,634,827 1,000 315,292 979,133 1.000 1,936.304 1,295.425 Credltors: Amounts falling due within one year Accruals 110.5781 110.8981 Net current assets 1,925,726 1,284,527 Total assets less current liabilitles 49,185.713 46,376.206 The funds ofthe charity: Unrestricted funds.. Capital fund Income fund 49,185,713 46,376,206 Total tharity funds 49,185,713 46,376.206 The financial statements were apwoved by the trustees on 14 January 2025 C H Peacock The notes on pages 11 to 16 form part of these financial statements
THE PEACOCK CHARITABLE TRU STATEMENT OF CASH FLOWS AS AT 5TH APRIL 2024 Note5 2024 2023 Net cash flow from operatlng actlvltles li 1539.5061 1668,9001 Cash flow from Investlng artlvltles Payments to acquire investments Receipts from sales of investments Interest reIved 142,5381 1.186,381 51,357 195.5391 I,ioo,000 13,504 Net cash flow from Investlng actlvitles 1,195.200 1,017,965 Net Increase / (decrease) in cash and cash equivalents 655.694 349,065 Cash and ash equlvalents at 6th Aprll 2023 980.133 631,068 Cash and cash equivalents at 5th April 2024 1.635,827 980,133 Cash and osh equlvalents conslsts of: Cash at bank and in hand Shortterm deposits 1,000 1,634,827 1,000 979,133 Cash and cash equivalents at 5th Aprll 2024 1,635,827 980,133 The note5 on pages 11 to 16 form part of these financial statements
THE PEACOCK CHARITABLETRU5T NOTESTO THE FINANCIAL STATEMEf+lTS FOR THE YEAR ENDED 5TH APRIL 2024 l General Information The Peacock Charitable TrLtst was established by a Declaration of Trust dated 23rd December 1968. The address of the registered office and details of the charity's operations are provided in the Report of the Trustees. 2 Accounting pollcles The principal accourbting policie5 adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follow5: 2.1 Basls of preparatlon The charlty constltutes a publlc benefit entlty as defined by FRS 102. The financial statements are prepared under the hlstorical cost convention and in accordance wlth Accounting and Reporting by Charities.. Statement of Recommended Practice appllcable to charltSes preparlng their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Icharities SORP 2019 IFRS 10211 and the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The accounts Include the results of the charity's operatlons which a described in the Trustees, Report. all of which are continuing. 2.2 Ac¢ountlng convention The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustee5 have considered the level of fund5 held and the expected level of income and expenditure for 12 months from authoris5n8 these flnanclal statements. The budgeted income and expenditure is sufficient with the level of re5eTves for the charity to be able to continue as a 8oinB concern. 2.3 Income All Income Is accounted for on a recelvable basls except deposlt Interest which Is accounted for when recelved. 2.4 Expenditure Expenditure is included when incufred. Dirert charitable expenditure is all expenditure directty relating to the objects of the charity. Grants are recognised when payments are approved by the trustee5. Governance costs are those relating to the charity's compliance with constitutlonal and statutory requirements. 2.5 Unrestrlrted funds Unrestricted funds are those which are not subject to any special restrictions and they can be used as the trustees decide. De5iEnated funds are part of unrestricted funds and are amounts the trustees have set aside for particular purposes. 2.6 Investments Investments are included at market value and any unrealised gains and losses recognised in the statement of flnanclal actlvltles as they occur. Exchange galns or losse5 are treated as part of the reallsed galn on disposals. l>ag li
THE PEACOCK CHARITA8LE TRUST NOTES TO THE FINANCIAL STATEMEf+lTS FOR THE YEAR ENDED 5Th APRIL 2024 2.7 Financial instruments Cla55ifj/catwi Financial assets and financial liabilitie5 are recognised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilitie5 and equity instruments are classified according to the substance of the contrartual arrangement entered into. An equity instrument is any contract that evldences a residual Interest In the assets of the charity after deducting all of its liabilitie5. Rectunition andnFeasurement All financial assets and liabilities are initially measured at transaction prlce lincludlng transactlon costs), except for those ftnancial asset5 classified a5 at fair value through profit or loss, which are initially measured at fair value (which 15 normally the transaction price excluding transaction costs), unless the arrangement constitutes a finarbcing transactions. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments dlscounted at a market rate of interest for simllar debt instruments. Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recogni5ed amounts and the charlty Intends either to settle on a net basis, or to realise the asset and settle the liability simultaneouslv. Financial assets are derecognised when and only when al the contractual right5 to the Cash flows from the financial asset expire or are settled, bl the charity transfer5 to another party substantially 811 of the risks and rewards of ownership of the financial asset, or cl the charity, despite havlng retalned some. but not all. SiEnificant risks and rewards of ownershipi has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is dSscharged, cancelled or expires. 3 Investment Income 2024 2023 Listed investments Interest on cash deposits 885.298 51,357 936.655 843,855 13.504 857,359 4 Support costs- grant maklng 2024 2023 Portfolio management fees Grant making administration costs Governance Costs Auditols remuneratlon 22.703 23.860 1,532 4,638 28,185 4.314 29,706 12
THE PEACOCK CHARITABLE TRUST NOTES TO THE FINANCIAL ATEmENTs FOR THE YEAR ENDED 5TH APRIL 2024 S Investment5 2024 2023 Held to provide investment return: UK property fund5 UK open ended funds Overseas shares 2.206,322 41.501,128 3.552,537 2,326,261 38,911,413 3,854,005 47,259,987 45,091,679 Market valLte at 6th April 2023 Disposals- proceeds Disposals- realised profits Additions at Cost Increase / Idecreasel in unrealised gains Market value at 5th Aprll 2024 45,091,679 49,670,487 11.186,3811 11,100,000) 327,746 349,480 42,538 95,539 2,984,405 13,923,827) 45,091.679 47,259,987 The historical cost of investments at 5th April 2024 was £30.756,59312023: £31,572,690). £41,501,128 of the assets above are held through an investment in the Juno fund. a UK authorised open-ended investment company. The trust's holding represents approximately 53% 0* the total fund. 6 Flnanclal Instruments 2024 2023 Categorisation of financial instruments Flnanclal assets that are debt instrument measured at amortlsed cost Financial liabilities measured at amortised c05t 1936,304 1295 425 Items of income, expen5ei 8ains or105ses The total interest income for financial assets not measured at fair value through profit or loss is £51.357 12023: £13.5041. 7 Analysi5 01 net assets between fvnds Unrestricted Income Capital fund fund Total funds Frxed Asset Investments Current Assets Creditors.. amounts falling due within one year 47,259.987 1,925,726 47,259,987 1,936.304 110.5781 10,578 110.5781 49,185,713 49,185,713
THE PEACOCK CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2024 8 Future commitments At 5th April 2024, the trustees had committed to make further donatlons of £50,000. 9 Payments to Trustees No remuneration or expen5e5 were paid to anytrustee durin8 the year12023: £nill. 10 Related party transactions There were no related party transaction5 during the year. 11 Reconclllation of net in¢ome I (expenditure) to net cash flow from operatlng actlvities 2024 2023 Net incomellexpenditurel for year 2,809,507 13,999.4001 Interest receivable IGainsl / losses on investments Ilncreasel / decrease In debtors Increase I Idecreasel in credltors Net cash flow from operating artivities 151,3571 13,312.1511 14.815 13201 1539,5061 113,5041 3,574,347 1231,6041 1,261 1668.9001
THE PEACOCK CHARITABLE TRUST NOTESTO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2024 12 Grants to charitie5 2024 2023 Army Benevolent Fund Action for ME Age UK Alzheimer's Research Trust Alzheimer's 5oclety Asthma & Lung Barnardo's Blood Cancer UK ILeukaemia and Lymphoma Researchl Book Aid International Bowel Cancer UK British Exploring Soclety Britlsh Heart Foundation Cancer Research UK Centrepoint Chithester Harbour Trust Cirdan TTUSt Combat Stres5 The Conservation Volunteers Contact a Family The Country Trust Crimestopper5 Trust Cruse Bereavement Care DeafKidz International Dementia Support (Sage House) Endeavour Club Enham Field5 in Trust Fight for Sight- British Eye Research Foundation HelpForce The Institute of Canr Research The Jubilee Sailing Trust Listening Books Macmillan Cancer Support Marie Curie Marine Conservation Society Meningitis Research Foundation Mental Health Foundation Motivation Motor Neurone Disease Association Multiple Sclerosis Soclety of GB & Nl Natlonal Trust 10,000 30,000 9,000 20,000 15,000 20,000 15,000 10,000 10,000 9,000 7,000 36,000 95,000 10,000 25.000 6,000 9,000 10,000 16,000 7,000 10.000 30.(X 9.CQO 20,0 20.(K)O 15,000 5,(MJO 10.000 9.000 36,000 95,000 10,000 25,000 10,000 16,000 11,000 9,000 io.oc 20.O¢J) 4.0(K) 9.0(J) 9,000 10,000 25,000 5,000 9,000 28,000 20,000 22,000 28,C 20,(KK) 22,C 50.(XX) 14,000 93,000 75,000 15,000 9,000 27,000 5,000 11,000 20,000 5,WO 93,C()O 75,C4JO 12,C(JD 27,C(JO S,10 11,000 20.CQO 5,1)00
THE PEACOCK CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2024 12 Grants to charities Icontlnued) 2024 2023 Nerve Tumours UK The Not Forgotten Association Parkinson's Disease Society The Prince's Trust Prisoners, Education Trust Prostate Cancer UK P5P Association Queen Elizabeth's Foundation for the Disabled REACH IRetlred Executive Action Charity Hovsel REMAP GB Revitalise RNIB Royal Hospital for Neuro-disability IND Research Trust) Royal Society for the Protertion of Birds Royal Star& Garter Home Royal Trinity Hospice 5t. Chri5topherfs Fellowship St. John Ambulance St. Mark's Hospital Foundation 5t. Wilfrid's Hospice Salvation Armv Samaritans 6,000 10.000 20,000 103.000 10,000 10,000 30,000 38,000 10,000 8,000 10,000 6,000 63,000 16,200 6,000 25,000 10,000 11,000 10,000 50,000 10,000 16.000 20,000 10,000 9,000 10,000 5,000 11.000 11,000 24.000 ,000 5,000 10.000 20.000 103,000 8,000 10,000 38.000 10,000 6.000 .000 16,200 6.000 25,000 10.000 50,000 16.000 20.000 10.000 SENSE Sick Children's Trust Sightsavers Step One Su5trans Tall Ships Youth Trust UK Youth Versus Arthritis Volunteering Matter5 We Are With You Wimbledon Guild of Social Welfare Woodland Trust YMCA England & Wales 11.000 13,rm 15,000 7,0 5.(XlO 35,000 10,000 5,000 35,000 1,412,200 1,248,200