REGISTERED CHARrrY NUMBER: Iq8615
n of Tn1￿c¢S aNI
enKnis for tl* Year ETh
-5 A ri121124
for
W Tun*rTntsi
DilLll5 Audii Lin)ited
2 Cl&7m￿[131n Square
pArath.￿ Circu5
Birnil￿han7

Conlenis of tl Fi
IILi2t SIxLei1￿nts
rorl
C￿r EiKlcd.f A ril ?{1
Rclcrcncc and AdminiMrntii't Dcthils
Rw)rt of Tmsiees
Rcpon of Indepe￿ll1 A￿11￿
Bl£ laiKc St￿(
Notes to t1￿ FiMIKial SiaicnKnts
Dckiilcd Sthic¥Dcni of FimJKial A¢ui'ilies
16

TRI"STEES
PRINI-IP.4L ADDRESS
RF.GI.%I-ERED C'H4RITI
I IIBF.
.41 DITORS
C"l.+.Rk TOTIIE TRI ST£ES
INI'E%TIIENT.IDI ISER

OBJEC'TII"L.S.4ID.4CI11 ITIES
OhjL'LtLlI'• 4irn4
PuhliL
FINANC-IAL REI ILII
F'ln*nLlyl piityitiiin

FI'TIIRE PL.4%S
STRI'I'TI'RE. C.'OI F.RN INC'E.4ND 11.4%4CEIIE*T
Giiii'rninkv iliTrrvmc'nl
Or#•nl%xtlonal Atryrtui

ri12024
STRUCTURE, GOVERNANCE AND MAP4AGEMEiYr
Risk mw4geMent
Tr trTrstees h￿'e a duty 10 ideFNify aThl the iisks ￿ which tlr C￿ri￿. is ¢￿￿$¢4 to ensujr appropriat¢
controls are in plxe to proi'ide re&wnable assura￿e against fra￿j aml eTror. The Tw51ccs Tt%'iJvcd tk rnajor
slraiegic and oixrdiiot)ai risks ￿ m.hich the chan"ry' is ex￿Sed aryl gli￿led tTrot managemenl rewfyrting S),5*n￿ a
in pl￿e to n)inimise elTects of such risks as mav ¢iisi.
The TrnMe¢s Consider that n￿1n risk io the clwTiTh arises from ￿rfO￿narKe of ils inN'¢stment tortfolio. Th¢
Tru￿¢¢$ Ibivc apN)int¢d 1mlerK￿MI 1m'e￿mcrt th"iscts aThl maMg¢ts lo manag¢ portfolio wiihjn th¢ frnM¢w,o￿.
of the inv¢51m¢nl d¢tsil¢d b¢low. The Tnkstees ￿1th irn'csin￿v1 maDagcr to con5idcr Fcrformawe
of the im'estmern p)rtfolio atml ihe O￿l00k for iiorld CCO￿￿1Cs.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trnstees are rtsN)nsible for pffcpanng ￿t￿tt of TTr￿ceS aNI ik finwrwl 4a*m¢nts in a￿Ordanc￿ M'iih
applicable law and Urrited Kingdom Accounting SlaThIa￿s (Uni*d Kingdoni Ge￿ra11), Accqxed Accounting Pracuce).
The law apphcable io clwities in awl Wales. tt¢ C￿nI1¢S Aa 2011. Chariry {A¢￿un￿ a￿1 Repons>
Regulatio￿4 21K)8 and provisions of In￿ tsed r¢quirts InLsl¢es io prepare fina￿tal slatements for ¢ach
fiJ￿￿tal year which 8i%'e a In￿ a￿1 f￿r I'iew. oc tlK sthte of atT•rs of chanry aThd of the incoming r¢souJr¢s and
application of ￿soUrCeS. iNluding ￿ iw)me aNI cyNb'iuTe. of chariry for that ￿riod. In prcpanng ih05e
r)na￿la] stalemenis. trÉks￿S are requi￿d io
selcci suithble ￿¢0[1T11]ng w)Iici¢s WKI ihcn apph" Ikrn co￿151¢￿￿.
obseTh'e mcthcrfls and pri￿lpleS in ChariTh SORP.
nNth¢ judgemenis aNI ¢slim￿¢S ilwl a￿ ￿&SOnable pThdert:
prepare the fi￿n¢]07 on ￿ gotng corttrn b&4is unicss it ￿ lrnpp￿Pri8lc to presumc thJt tjx charity ￿111
ontinue in busir*ss.
Th¢ trustc¢$ a￿ rc5ponsible for kttping prorKr ¥wuntin8 trcords w'hich disc105e with Nsonable &curacy ai tirnc
th¢ finanLial posiiion of ihc charity. aNJ to enable t￿rtI to ensure lh￿ financial wmpll M'iih the clwi.tics
Aci 2011, the Charity IAc¢ounis at¥1 Rewrtsl Regulatsorys 21x18 aNI ik provisions of IiK thLSi thed. T1￿, ar¢ 81s0
r¢swnsibk for safcguanling th¢ &s5¢1s of chariN' a￿1 for tskin8 reasonable sw5 for tk p￿I¢l￿10n and
detCCLion of fraud and othcr irregularities.
D18clow￿ of InforniAtlon to audlto
ch of the persons are TnLsices Ri ilr time wI￿n l￿'S TiuMees' Repon is approved has confir[￿1 ilw..
- so furas that Trnstee is awatt. is ￿ rele4am Nudii infornwion of ii'lu'ch the chAriTh s a￿l￿r5 umwaR. and
Ihal Tn￿tee ha5 laken all the 51eps thai oughi io hai'e becn tsk¢n as a Twst¢c in ordcr lo bc aiiarc ol ￿levan1
audit mforn]aiion and io estrbli5h the clwity's audiiots we Of17￿ infom￿110
Tr auditors. DaiAS Audii Limiied haye iNlicit¢d ￿lT Willing￿SS io cort1rn￿ in olTKe. The thsbgnaied Tr￿sleeS will
prowsc a rt￿110n r¢apwJintJng Da1￿ Aiidti Limiicd as a n￿etIng of Tru￿ceS.
Appn)i'ed b) ord¢r of the IM)th of truMe¢s on 13 kn'¢nthr2024 SIg￿d on its behalf by".
H B C8rsiake- TnJstce

Oplnlts

R4'4pii#t41hllliie% lif Tru*trr
..11￿ rL'¥iiilJiiiWIS I1ppItL4iNL lii ili¢ ¥h4111i IhrilLL¥b Ji%lbshlll* Miih Iru%ieL'% Jiid i)IlJ¥l

Ini
.4udilipr4' re4piM%ihlli¢ic4 fDr l￿- #uilil fpf Ihi L<￿t.
1.44, uf iiur n'ptsrt
/]
//

14(i.IP
ElPt-.NDII'I'RE ON
funili
41) x75
i¢J)
4%).li75
74X
ET I%COIIEiIEIPENDITI'REI
I•.IKI4
REC'ON'('ILI4TION OF FL'NDS
TOTAL FIIID% C.4RRIED fr'ORII.4RD
I:'X.- 1417
17 715 4111

5.4.24
UnrtStri¢ttxI
Total
funds
FIXED ASSETS
InVestn￿ts
12,457,773
12,561,984
CURRENT ASSETS
Pre￿¥￿m5 aThl accnxd I￿0￿
Cash at bank
5.582
174 052
511.884
517.718
179.614
CREDITORS
Amounts falling due with'ill year
10
17,8841
{6,lJ8111
NETCURRENT ASSETS
509.834
173 554
TOTAL ASSETS LESS CURREWT
LIABILITIES
12.967.6(17
12.714.538
NIT ASSETS
12.967.6117
12 7.15.J.18
FUNDS
Unreslricled fvnds
12 967 6D7
12 73J 338
TOTAL FUNDS
12.967.607
12.715 538
Th¢ financial slaternerns We￿ approved by the Board or T￿￿￿$ a￿1 awhori$￿ for issue on 13th NovemlxT 2024 and
'¢r¢ $igtKd on its behalf by..
B Canlake- TThMtt
K Honeyborn¢ - TnLsiee
The I￿l¢S form olthese r]na￿ttl stsiemem5
Page 9

AC'C-OI'NTINC. POLlflES
In&uMI'
E¥pL'Trdllurt
Pa¥É' Ily

AC.COL'NTI%G POLICIES- itsniinthyl
C'a*h Mt *nd ifv hx￿1
I%I'ESTIIE.NT INCOIIE
I.NI'EST%IE%T IIA%.4GEIIE%T COS'TS
4iJ.¥7

C'H.4RIT4VI.L .4C"TII ITIFS C'OS
l i.541>
IK$ 144)
GRAN'fs" PAI'4BLE
4 4.:4
I:PPORT C'OSTS
144
(141
TRI'STEES, REIII'%ER.4TIO% .4ND BENEFIT5
5.4prJl 11))I
%.4 Tr1

ST AFF COSTS
FIXED A&SET INN-E%TIIEThTS
%IARkET I'ALI,E
-.71
ET B(M)K I'.41.1'Tr"
11 JS-,.771
7 ?",1

C'REDITOR.5-.4110I'%T.4 F.41.LINC- DI'F. IIITHI% ONE I'E.4R
144
IIOI'EIIENT ]% FI NDS
TOT.4L FI'NDS
Lnriit41rieI￿ funilt4
111.7?1
1?1 7?1
14<1 {V)4
14(? IP14
141-. "48
TOTAI. FLNDS
l¥1 IP)4
1?1 7?1
11? {)fO)
Ai
N4?1
Llnreilrlcttd fuTr41%
1 l -Yy.JJ-,
104.I(rf,
TOTAL FI'NDS
7 715 i.ix
IJ
Liiniiiiu¢d.

MOI"E4IE%T IN FI'NDS. ¢ithli#¥¢'d
l.'nrr4lri&liyJ fun
TOT.4L FL
12.
Rkl.,ITED P4RTI DISCLOSI RL

1411 IJL14
Tijtul IALI)min% riyiuwÉt
14(I.IP)4
ENPE%DITI'RE
5) i(￿)
411,x7.5
144
(14(1
7 174
%1'l eAp&ndiiur¥. **ln4
RL'*1141'11 rL'Lip%nlwil #nil h)t4