Ch•rity wlstratlon ntwnber 258699 The Leslie Sell Charitable Trust Annual Report and Unaudited Financial Statements For the year ended S April 2024 Gilberts
The Leslie Sell Charitable Trust Contents Legal and administrative information Trustees, report Independent examiner's repcrt Staternent ol Ifnancial aefvits Balance Sheet Notes to the financial statement5 7-16
The Leslie Sell Charitable Trust Legal and Adrnini5trative Inforfflation Trustees Adrian Sell Nbcda Co88ins Edward Wiltshire Chlef Executl¥e amd Secretary Paula Gnfliths Charfty number 258699 PTlnclpal address 1st Fkr 8-10 Upper MadiM)rou8h Road St Albans Hertfordshire ALI 3UR Independent examlner Gilberts Chartered AcTrnts Pendragon House 65 London Road St Albans Herrfordshire ALI iu 8ankefS HSBC Bank plc l mark Pla itchin Flertfordshire SG5 IDR Sollcltors Gladstwe Place 36. 38 Upper marlbOrD Road St Albans lertfDrd5hire ALI 3UU InvestrnEnt advl5015 Rathbone Greenbank InNE5trnents 10 Queen square Brist BSI 4NT
The Leslie Sell Charitsble Trust Trustees, Report For the year ended 5 April 2024 The Tru5tee5 present their report and financial statements for the year ended S April 2024. The linancial 5taternents have been piepared in accordance with the accounting policies set in note I to the linarKial statements and comply with the Tru5t'5 trust deed. the Charithe5 Ad 2011 and"knounring and Reporri Charities.. Statemerst of Recommended Practice applicable to charities preparing their accounts in accordance with ihe Financial Reportin8 Standard appli(able in the UK and Republic of Ireland IFRS 1021 leffective l January 20191". Reference •nd Athiinlsitsfj¥È Details The Leslie Sell Chatable Trust is an unincorporated a$latIOn established by it5 Fnder. the late Leslie 8adeTh Sell. by a Trust Deed dated 3 April 1969 and 15 3 re8iStered charity. number 258699. The executive Dffi'cer responsible for the day-to-day running of the charity is Paula Griffiths. The objectiwe of the trust is to support youth groups prIpallY sc15 and Guide4 bul otlEr community group5, at the discretlorb of the Tru5tee5 in accordance with the trust deed. The linancial statements have been prepared in accordance with the accounting pdicies set out in note I to the linancial ststements and comply with the Trust's governing documenL the Charithe5 Act 2011 and"ACcoUntr Repothn8 by Charities= Ststement of Recommended Practice applicable tg charities pPar1r ihebr accounts in accordan with the Financial Reporting Stsndard applicable in the UK and ReputAic of Ireland IFRS 1021- (effective l january 2019}. Obiectl¥es and ath¥itles The Trust makes cash grants to scout and guide group5 to hdp with the financing ol small propct5 Such a5 building work5, transport or equipment. In addition. they rnake grants to groups and indNhlual scouts and guides towards the costs of trips. The Trust decide5 on the level of grants in accordance with guidelines aRreed by the Trustees. The guiddines are re¥iewed twice a year. The Trust also owns one buildi whfjch has been leased free of tharge to local rederf$ for use as a village hall. General cash Erants in the yearto 5 April 2024 totallèd £311.59612023- £294.7891. AthIE¥ernents and perfovman Incornin8 resources for the year to 5 April 2024 totalled £108.405 compared with £108.343 in the previoLt5 year. The historic tost of quoted investrnents at 5 April 2024 has decreased by £569. The decrease in markEt value of investments duri the year of 24.763 has beèn debited to the Ststernent of Financ1 Activiknes. Financlal re¥lew The Trust'5 financial assets are held in a combination of investments and cash deposits arKI theseare reviewed ai regular twsteÈ rneeting5. The TrLStee5 have in mind ethiol considetatis when rnakine inve5tmeThfs in the Stock Exchange they do rt invest in companies with any of the fDllown8 characleri5ti- poor health and safety records. PODr management relations, poor environmental iecord5, those contravening human ri8hts. those that prodKe armaments. akohol. tobaw. pornography or that involve gablIng. The Trv51'5 quoted investment plf10 is managed by Rathbone Greenbank In¥estments. Each sprin& the Trustees remew the budgd ol income and expenditu fe{a lor enstsing year. They fix a level of fore(ast income available for grant awards. havin8 estimated the effetts of inffl*ion on the Tnjst's assets. Grnnt awards are made each month and each grant is rewewed and approved byat least one Trustee. Stru¢ture. governance and managèmènt The trustees who have served during the year and sirte the year end are set out on page l. New Trustees are appointed by exisring Trustees in accordance with ihe trust dttd. The tharity tnsure5 that all new Trustees are given sufficient training upon appointment by attending meetings and reading relevant literature. The Trustee5 meet regularly to as5e5s grant applicattons and review the financial position of the Trust. The Trustees have asse$5ed the major risks to whith the chariiy is exposed. in partiwlar Ih05e related to the operations and finances of the Tnjm, and are lS"ed that $emS are in plxe to mlti8ate thelr exposure to the major risks.
The Leslle Sell Charltable Tntst TN5es' Report (Continued) Forthe yeai ended S April 2024 Pl•ni lorfvThi¢ peih) rhe Trusieei to (wtipt tD perh>rm 4wi4of iheih¥rty ill sarne 5tscce55ful Ihereare no >yhcaThi chany5 CFJTreThdy pland. Trustees rè5p)n% foi pteparing the Trupe$. Rem •id the lth)Ck41 siatemerts In •£¢ordae Wrlh 4ppk¥>le aTrJ Uniied Atcwniirfstandaids IUDiied GNYralyAecepted AccththriryPratsKol Tht lawapplicab (ha11tS in F.n8laTrJ and W4lES ieqthte5tr. Trvsiertio piepare fInarK 51atErnents for pa(h which a trDe and fair ol the ol alf4 ol tt Tru4 ènd ol reswice5 and ppkat)n ol iesoupce5 of rhe Tru51 lot thai 31. preparinjs thesE lin(la7 Ir TrLrtiees are iequlied w.. . 5virablÈa(mYrtin8wliti iheoapK themcons1Aenr.' . obsewvE the mtthfyls prirtiw th tFChètitiesSORP.. . afftd esiim•tss rhai are rth750nablo amd sxwlent.. . state v4hether •k%itable accwDtry 5tarKlwd5 fvthOd. to¥ry ThareNI denUsdcl0$ed and e¥pLiined In the lithaloP ststernent5- artd - PKepJre thÈ fifiaKi•l statements on the b•5is unles5 rt 15 iipproptwtr to WeSLKnÈ thai rht tharity V4111 cc•iirwJe in operatknn. The Trumeos we reswnsible ¥coJntry iet+yds ft4t iih reasonae atcuiacy ai ony IIME the fthantJ¥ F•JSltw of the TrusT aro enawe them to Qn5uTe 11471 lUTrala1 st•tenhiS comptyith il Chxits Aa 2011. the Charity IAt<OLMKS dnd Aewrtsl kgutsivJn52W8 thp ol tl trust dted They a150 iesWll51è loi safevldry as$ ol Trust arKI Ie lor tskthg YeanI 3tsPS fty the èr41 dEt¢etioh of Ir4vd and othu irrewLvil. Ih¢Tiustees' rewtl Wdsapproved lry Ib ol Itws**s. /L J. (OL" Tiusiee Oated.. ?Q lanbary )025
The Leslie Sell Charitable Trust Independent Examlner's Report To the Trustees of The Leslie Sell Charltable Trust We report to the Tru5tee5 on my e¥aminalion of the finaKial statements of The Leslvd Sell Charitable Trust (the Trust) for the year ended S April 2024. RPonsIbl11t1ts and basls of report As the Trustets of thè Trust you are resPsIble tor the preparation of the finarrial statèments li aeeordan¢e with the requirements of CharittesAct 2011 (the 2011 Actl. We repctrt in respect of our e¥arninatiDn of Tru5t'5 linaTKial 5t&tements Catried ovt under section 145 of the 2011 Act. In carryin8 Out our examinaifion we have followed all the 3pplicable Direction5 given by the Charity Commission under section 145{5llbl of the 2011 Act. Independent eMaminer'5 slatemert Your attention is drawn to the fact that the charity ha5 prepared finanaal statements ir4 accordance with Actounlfjng and Reporting by Charities preparing their accounts in accordance vmth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in prefererKe to the Arcounb"nE and Rewrtin8 by Chariiies.. Statement of Recommended Practice issued on l Aprll 2CKIS whKh is referred io in the e¥tsnt ieÉulats"ons but has n(rw been withdrawn. We understand that this has been done in order for finarKial St3teffnts to provide a true and fair view in accordance wilh Generally Accepled Accounting Practice effectibE for reporti peiicJs beginning on or zfter l January 2015. We have completed our examinaiion. We ¢Mfim ihat no matters have come to our attention in connection with the examination giving us cause to believe thai in any material respett= accounting records were not kept in respea of ihe Tr1 as reQlled by section 130 of the 2011 Act: or the financial statements do not accord with those records.- or the hnanclal statements do not cornwy with the applicable requirements tonttrnin8 the form and conieni of accounts set ¢)ut in the Charilfjts IActtJuTht5 and Reports) Regulallons 2(J8 other than any requirerneni that rhe aeeounis gi¥e a true and fair view which is not a matter cons*Jered as part of an independent examination. We have no mncems and have come a¢ross no ¢ither rnatter5 in connettion with the examinatiDn to which attenticffi should be dTawn in this report in order to enabk a proper understanding of ihe financial 5tatemewrts to be reached. Attountsrts Pendra8on House 65 London Road St Alban5 Herrfordshire All lu Dated.. 20 January 2025
The Leslie Sell Charitable Trust statement of Financial Activities induding Income and Expenditure Account For the year ended S April 2024 GEneral fund 2024 Geneial fund 2023 Ch Inveslment5 108,405 108.343 Trustees travel expenses Independent examiner's fees Stockbroker fees 483 3,660 18.194 3.210 17,626 20A36 22,337 Deprrfiatign Grarnts Charlton Bam- Insurance LeEal and professional fees Website fees 3.589 311,S96 3,IZ9 3.000 294,789 2.065 360 328 425 Totsl tharltable exp*ndlrure 318,739 300,542 Net galn/llossl on revaluation ol investments Net gain/l105sI on disposal of investmenfs 124.7631 35.523 1481,0271 162.8411 Nèt èxpendbturefor the yearl Net movement In fvnds 13 1220.4101 1758,4041 Fund balances at 6 April 2023 4.377.993 5,136,397 Fund balances at S April 2024 4.157.$83 4.377.993 The statement of thnanci31 activlties includes all gain5 and losse5 recognised In the yezr. The 5tstement of financral actiwttes include5 all gain5 and tOS5es recognised in the yeir. All income and expenditure derive frorn continuing activities. There are ng rnovernents on restrided funds.
The Le511e Sell Charitable Tnist B•l4ftn sh¢et As at 5 Ap1 2024 Id •sM¢s 99.925 4.42l71Z WL739 4.52&647 Deblals Csh at ban ahd In hand I7&1 199,499 377ml 112&580) N¢tcyrr¢nt a55ets iis.?J8 249220 Totsl •¥xts IE$5 aWV•rt IlabHMIE5 4557.457 .7??67 Re5tfitted fumJ5 VDrtstrtredfuThYs 399M74 .377.993 4J575 .777.867 Thefin•nd sl•t¢meths ba% b¢¢n prewed thEChawknS SORP IFRS102lar¥l Ch•dtle5Att2011. ststemtfitswtrt ipprthd ty ifrTru5e5 cffj 20J3Mty20ZS
The Leslie Sell Charitsble Trust Notes to the Financial Statements For the year ended 5 April 2024 Accountlno polltles Charlty Informatlon The Le51te Sell Charitable Trvsl is a TNst in England. The registered office is tst Noor. 8-10 Upper Malbtsrough Road. 5t Albans Herts, ALI 3UR. 1.1 A¢¢oUnt1 con¥endon The finèntial statements have been prepared in atcordance wth the ChariDes Act 2011 and"Accountin8 and Reporknng by Charitres.. Statement of Recomrnended Przctite ap1(able to tharmes preparin8 their accounts in accordance with the Financial Rerting Standard applicable in the UK and Repu of Ireland IFRS 1021 leffettive l January 20191". The Trust is a Public Benefit Entity defined by FRS 102. The Trust has taken advantage of the provisions In SORP lor charities applwrq FRS 102 Update Bulletfjn I tc prepare a Staternent of Cash Flow5. The financial statement5 have departed from the Charitie5 (Accounts and Reports) Ae8ulab"ons 2(IJB only to the extent required to provide 3 true and fair View. This departure has involved followirrf the Stalernent ol Reo)mmended Practice for charities applying FRS 102 rather than the version of the Statement of Recomrnended PractKe which is referred to in the Re£ulaDons but which has since been withdrawn. The finanoal statements are pyepared in sterfin& whith is the f(la1 currerKy of the Trust. Monetsry awnuunts in these finantial siatemertts are rovnded to rtarest E. The finantlal statements have bten prepared under rhe hittoiical <ost C¢mntIon. modified to Ire the rewaluation of freehold properties and to indude irsvestment wOper and tertain financial instruments at far value. The principal accounting policies adopted are sel out below. 1.2 Golry concern At the time of approving the financial smen the Trustee5 have a aSonable expectation that the Trust has adequate resources to continue in operational eStenCe for at least 12 Tnonths from the date of approval of the linancial stalements. Thus the Trustees continue to adopt the goi concern ba515 of accoun118 In preparire the financial ststementS. 1.3 ¢hafft•bh funds Unrestricted lunds are available for use at the dCretiOn of the Trustees in furtherance of the general obiecbves of the charity and which ha¥e not been de%enated forother purpos. Restrirted fund5 are subject to re5trithons on thtir ndIture declared the donor, and fall into One of two sub. lasses= restricted funds or endowment lund5. 1.4 Incomt Income for tht year represents in¥stment irtome received and depOt intefest receivable. Income is recognised when the Trust is legalty entitled to it after any performance conditions have been met. the amounts can be measured reliabty. and it is pmbable that income will be receNed.
The Leslie Sell Charitable Trust Note5 to the Financial 5tstements (Continued) For the year ended 5 April 2024 A¢¢ountln8 poli£i•s Icont5nuedl 1.5 Gnal tash grants Expenditure is reColSed orKe there 15 a kgal orCOruC1ihE obligation tLltran5fer economic benefti to a third parly. it 15 probable that a transfer of economic benefits will be required in settrnet. 3nd the OUnt of the obli8ation can be measured reliably. Expenditure is classified by activity. The costs of each athty are made up of the total of direcl costs and shared costs, including suppcrft costs involved in undertaking each auiwty. Direct cosis attribuble to a single activity are allocated direcily to that atttvity. Shared tosts whith tontribute to more than one a(tivily and support costs which are not attribvtablè to a single athvity ère apporrioned betwetn those atriwn.es on a bèsis consisteni wilh the use of resources. Central staff costs are allocated on the basis of time spent. and deprtciailon char$ are a1lotèd on ihe porrion of the a$5et'5 Use. General cash grdrrt5 are grants pawj duringthe year. 1.6 Tangible fixed assets Taneible ffxed assets are in5tfjally measured at CO and SubseqUerf measured at cost or valuion, net of depreciation and any irnpairment losses. Depreciation 15 recogni5ed so ZS to write off th? c05t or valuaifjon of assets less thsr residual values over their useful lives on the following bases: Barn. Waterend Lane. Chalton Shed. Waterend ta. Chalton 67 Jears 10 aT5 Ifulty depreciated) The gain or loss arisin8 on the disposal of an asset is determined as the drfference between the Sale proceed5 and ihe carrying value of the asset. and is c0d in the statement of tinancial activjties. 1.7 Flxed asset hwemments Fixed asset investments are initialty measured at transaction price exdUd1 tran5aclTon costs. and are subsequently measured at fair value at each repomng date. Changes in fair value are recognised in net incornellexpenditurel foi th year. Transathion costs a expensed as in¢urred. 1.8 Financial IstruMents The Trust ha5 elected to appty the provIsn5 of sert7¢ 11 and Sectw 12 91 FRS 102 to all of its financial Instruments. Financial instruments are recognised in the Tru bala1 sheet when the wmpary becomes party to the contractual pro¥i5ion5 of the instrument. 8a¢ financlal assets Basic tinancial assets, which include deOr$ and cash and bank balars, are initially measured zt transaction price and are subse4uenily tarried at amorrised cost usin8 the ellecme interest method unless ihe arrangement constitutes a f5nan(ing transaction. where the transaction ss measured at the presentlair value of ihe future receims discounted at a market rate of interest. Financial a55et5 clas%fied as receivable within one year are not am05ed. Baslc flnancial liablwtles Basic fi.nancial liabilities. which include trade and other payables and bank loans. a initialty rneasured at transathon price and are 5ubsequentty carried at amortised c05t U51ng the elfectlve Inte$1 method unless the arrangement constitutes a financing transaction. where the debt in5trurnent is measwed at the present lair value ol the future receipts discounted at a market rate of interest.
The Leslie Sell Charitable Trust Notes to the Financial Statements (Continued) For the year ended 5 April 2024 Ac¢ountlng polkie5 {Contlnuedl 1.9 Taxation The Trust is a charrty within the mean0 of ParaEraph I S¢hedule 6 Finance Act 2010. kcordingly, the Trust is potentially exempt from taxation in respect of income or capital gain5 Within categorie5 IDvered by Schedule 3 of the Charities Act 201110 the extent that such InMe or gains are applied exlu5r¥ely to charitable purpose5. Investment irKoffle UnY•strlcted Unrestricted fund5 funds 2024 2023 Income frorn iThbEstments 56.19) 52.2C6 9S,264 13.079 Inte$t recelvable 108.4(5 108,343 Net mo¥emeDt In fvnds 2024 2023 The net movement in Mnds is stated alr char8in8llcreditinBI= Depreciation of owned tsngible fixed asse15 L055 Dn disposal of intalble a5set5 3,OC 481,027 24,763 Trustees None of the Trustees lor any pewD5 conr*rted with theml received any remuneration or benefits from the Trust durin8 ihe year. EmployEe5 The were Ao employees durrne the ar. Taxallon The chaiity is exempt from taxation on its actItieS because all its income is appjied for charitable purposes.
The Leslie Sell Charitable Trust Note5 to the Financial Ststernents (Continued) For the year ended 5 April 2024 Tanglble fixed assets dl Bam Waterend Ai 6 April 2023 214.661 At S Apnl 2024 214.661 Oepreclatlon and Invalrment At 6 April 2023 Depreciarion tharyed in ihe year 114,736 3.iljo At 5 April 2024 117.736 CarryKW amount At 5 April 2024 96.925 At S Awil 2023 99,925 .io-
The Leslie Sell Charitable Trust Notes to the Financial Statements (Conlfnued) For the year ended 5 April 2024 Fixed a55et In¥e5tments Nwbber•l H15torlc 141irkÈt Market ry Cost Value Valu 1024 Equlty In¥ostsrnnts Adv3nttd Drairkaie5ystem Inc US o.oi 4111 41.011 37.838 18.382 41842 41.963 36.414 20.704 45.914 33.7 33.389 59.384 Ansy5 Inc USDQOI Aptly f4c U50001 8elwayPLt tivlfassodal HoUr¥pIC Dechra Pharmaceut415 4L156 49,411 41,156 49,412 29,623 43,962 L7Q) 7.192 50.292 3Y,OY 20. 7.192 Di8lta19 Itrastru(ture ¢ F£¢fin US Ren ExpEiian FDM fjrovp Hd(thngs pl¢ Ge11 fovp pl¢ Ifomierty Polypipel GlaxoSrniihKIirno 51789 1.215 39.054 20,W 21.JL6 75,111 33.439 1&3 31823 3q137 5L331 7.283 3.715 42.202 50555 113?6 7346 39.705 29.770 24.9 11533 44.916 33,439 24a60 5&272 3Q137 si,aJi 7.283 3.715 12.636 25.604 29.716 65.376 18,289 63.159 10.233 54,480 17.850 37.358 29,368 73.357 10,696 51,720 47,591 19.025 43,Q9l 34,142 37,353 25,S50 36,394 2Q.535 75.293 41,490 31,702 29.781 4P12 293C 45.934 3,140 13.449 rre StieEt EerlysIra&e Wc Gree(Koat UKW HarrL Energy IncTru51 Plr Home REIT pk lrnpaxA55et ManageMtGrO IntertekGroup lo$ Controls irfl USD I KqllerGroup Leyl & General Marshalls coUP Natymal Grid CktOW5 RenewablelnlraTrust OMFord Instrument5 50ml SQSSS 21192 3&917 41,472 85.219 43.155 41163 39,7(JS 835 19.7 15.5ts) 24.9 11533 44,916 42.7 14.179 ISS06 SI753 54.052 38.921 18.3(X) ,891 30.071 26,7SY) 19.375 66,3 47.9 42.194 1310 2.71(1 14.179 PrydeDknal REiX plc RenevAbks Infrastwciyrefywp Schroder In¥estsnent ManaKernent fjlobal Tiansitton Qlnc 5milh & Nekthew Smlth DS 51753 48.388 54,051 61033 133.355 64.731 26.557 40,824 13,401 4.142 64.731 21557 824 57.149 44,841 57,293 32,040 49.710 33,380 45,697 57.555 72.385 51.888 42.970 36.210 51482 13.974 Spectris PLC Spyax 5¥¢0 Etytr26.92p SSE Pic J3.402 4.342 Z9.839 49.617 47.108 513 2.1 270 Steris 49.617 Unileyer 15 4?,It 15,419 64.318 38,938 ilnite Group Vodaphohe US S Ord shares syjst cortsol'n Wothspace Grwp 4,127 15.419 38.938 27.328 27J28 17.582 L376.122 182.927 176.713 1.(1327 1.327.961 L514,192
The Leslie Sell Charitable Trust Notes to the Financial Statsments {Continued) For the year ended 5 April 2024 Flxed •sset investments leanned) llist¢l¢ l•1ovrt Mark V•lue Value C4V5tsrk M Bool C05h Cast Z014 1023 len NV 149 15.307 14. 38.277 31.786 i.IrAI 260.451 29.692 15,3Q7 14,680 38.840 14,722 22.818 31,786 31.045 126.210 170,896 9.819 15,960 A5MLHoldln85 NV Assa Abl(w PWStr # Autodesk Inc 26.56Z 46,194 IS,385 298.278 57.831 160 Franklin lernpletonGlobl Funds Fund P•iners- IM WIlE8& C I 134.242 29.692 Fund Partners- IM WHE8 Sustainability B Acc HannonArm5tr(w &Jst Infra Impa¥ Environmentsl Markets PLC Infineon Te(hndcelesAG Jan5 Henders 25.787 37.1x3 21.551 53.OSJ 2¢677 157 53,531 21,256 68,142 52.753 67,236 37,083 11.554 10,230 16,4LWJ 1.7( 13,( 53.051 28,677 45.972 79.348 Lornbard Odier FundsGlob•lCkn•te ond Systern Hedged MtyfairCit•l P¢operty Inc Trust f Charity Mirova Furnd5GlobalGre•n Bond HSLAA 10,8tsJ IOS.435 105,435 98.201 97,094 8L944 69J46 69.346 60.836 64,982 543 SXQ27 24,417 372 16574 16239 591 55.618 24,417 37.862 1&574 2&239 46,812 18,952 52.787 53,610 4D,049 34,635 81,886 48.237 44.857 29.4% 114.547 52.4 27.117 42.066 77.777 48,898 54,974 49,928 Cksied AS 430 PrdetA55Et Mana8erneDI Robecos•Tr 5ftKArt Ene(8y Fw Ro¢kw¢ol knrl Shirnano Inc NPV shares 155 150 Stewart1nve51iw5. A5rJ Sustain B A 9.565 16.2 105 SQ459 33,C¢l 32975 67 16.747 50.459 ThertDo Fisher kierknfic I VISA I Xylem Inc USS 0.01 33.081 31975 65,915 620 1.068.647 211,433 i.zis 85&r128 1.148.781 1,371264 12-
The Leslie Sell Charitable Trust Notes to the Flnancial Ststements Iconllnued) For the year ended 5 Aprll 2024 FSxed asset investments ICoThtlnuedl Nwnberol Market Ordmwry C41lrtrKk Boo Value Value 2014 2014 iozi AbErdeen Standard fund Man.G Index linked S Irfftl lrnr ?SOXX•) 14S.216 14S.216 iii,z 131,Ql5 Ae8on Asset MÈmnt Iforrnerty Kame5 Capitall- Ethical Corp 8ond B Evro lthstmeni Bank. 1.375%Snr 710312025 15hares11 PLC 7JO 7L627 81212 143.321 12.112 11420 8L720 146,073 14).321 15hares11 PLC USOTIP5 UCWJ5 EIF e Hd£d 1li5t tshare$11 PLC- UK G$ UQIS ETF 13 lJQ.835 110.835 71863 110,745 64,097 6,220 67.083 Kreditansi Fur Wie- 0875G r ISmTr026 Rathbone Unit Trtl Mafflaset- Etlical Eond Int 122A*X) 121838 IZl838 112,826 110.751 196.469 19&832 J7B,950 2,865 37,C 58.121 so.{ 198.832 204,865 173,187 179,845 58,891 72,968 85,603 77,149 166,566 174,798 57,879 70,756 Royal London- Ethi¢•l bd Z l•t Tre3sury- 118%11Lsiock 2210312029 Treasury- 118% IILsiock 22103fL026 Tieasury- 718%5tock 22IIOIZO29 Tteasury- 2 112% Stoek 1710712024 Treasury- 718%GreeThfjli 3110712033 TFeasury- V4%Gilt JII112025 TrÈa5ury U4% Gilt 31107/Z031 Treasury 118% IILGilt 22111A036 71.018 101,519 75,532 71,048 101.519 75,532 86,375 75,478 20.¢MI 423547 95JXXI 58,(XNJ I20.L) 119.12S 215J59 89,22S 334,984 89,215 45.714 163.095 321,329 91.746 44,615 164,452 107,953 89.IB2 45.714 L63.iYJS 1.571,456 535.503 130.059 IM2.9CQ 1.763,073 L437,266 3.822.225 711431 720.215 L115 1821.655 4.239.814 4,123.722 UTh4Lmbtedln%ertS In¥éstmEnt Properhes ILutoTrl knrnited dInarySh5 of El each 75.tYXI 10S.iXKI 105.tKQ 105.1)YJ 105,( Total valued Irylostwis 3.917.125 711L115 Li 3.926.6SS 4.344,814 4.428.722 13-
The Leslie Sell Charitable Trust Notes to the Financial Statements {Contlnued} For the year ended 5 Aprfl 2024 2024 2023 Arnounts tslllng the within one year. other debto 5.459 178,301 10 Credltors: amounts lallong duewittin one year 2024 2023 Accruals 5B.444 128.S80 11 Restrl£ted furmts The remrfcttd funds of the charity comwise the unexpended balar9 of donaiSons and granis held on trust subject to specilic conditions by donors a5 to how they be used. At 6 April 2023 At S April 2024 399.874 399.874 Pre¥ious year. At 6 Aprll 2022 At S Aprll 2023 Perrnanent endowment 399.874 399,874 12 Unrestrlctedfunds The unrestricted funds of the charrtycornpri5ethe unexpended balance50f donation$3nd grants whlch are not subject to specific condition5 by donors and grantors 35 to how they may be used. These include dèsigrnaied funds whith have been Set aside out of unrestrbcted fvnds by the trusiees for speulK p At 6 2023 Resour6115 and ljsses At S April 2024 expended General funds 4,377.993 108.405 {364.3381 35.523 4,157.583 Previousyear. At 6 2022 Incom Resour¢esGalns and1055es At S Aprll 2023 General fund5 5.136,397 108,343 1803.9061 162.8411 4.377,993 -14-
The Leslie Sell Charitable Trust Notes to the Financial Statements {Continued} Forthe year ended 5 April 2024 13 Mo¥emtht in Funds 8rou8ht Movement 2024 2023 in year Unrestritted Fund5 Gerleral R2seNe 4,377,993 1220,4101 4.157,583 4,377,993 4.377.993 1220.4101 4,157,583 4,377,993 Aestrkted Funds Permanent endowment 399.874 399.874 399.874 399A74 399.874 399.874 Unrestricted fuwK15 include free and Beneral fund5that are not de54%nated for partKular purposes. Thegeneral reserve Is made up of lIrIbuble and non-distrltfab1e reseThes as follows.. Brou8ht Movement fonvard in year 2024 2023 D15tributable Non-distribytsble- re¥aluatlon e 3.876.495 501,498 1137.0701 183.3401 3,739.425 418.158 3,876,495 501,498 4.377.993 1220.41101 4.157.583 4.377.993 15-
The Leslie Sell Charitable Trust Notes to the Financlal Statements {Conttnued) For the year ended 5 April 2024 14 Aelated parttes The Charity 15 related to the foHowinB ccrfnpany. Investment Properties ILutonl Limited. of 1st Floor. &IO Upper Marlborou8h Road, St Albans, Hertfordshire. ALI 3UR. in which the Trust holds the invexments shown in ihe Fixed Asset Investments note, being a 31.58% shareholding and a tr14Stee holds a PO0n asdirector. No other transat16onswith related partfe5 were undertaken. 16-