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 aefvi￿ts
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 Fk￿r
8-10 Upper MadiM)rou8h Road
St Albans
Hertfordshire
ALI 3UR
Independent examlner
Gilberts Chartered Ac￿￿Tr￿nts
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 Cha￿table Trust is an unincorporated a$￿￿latIOn established by it5 F￿nder. the late Leslie 8adeTh Sell. by a Trust
Deed dated 3 April 1969 and 15 3 re8iStered charity. number 258699. The executive Dffi'cer responsible for the day-to-day running
of the charity is Paula Griffiths.
The objectiwe of the trust is to support youth groups prI￿pallY sc￿15 and Guide4 bul otlEr community group5, at the
discretlorb of the Tru5tee5 in accordance with the trust deed.
The linancial statements have been prepared in accordance with the accounting pdicies set out in note I to the linancial
ststements and comply with the Trust's governing documenL the Charithe5 Act 2011 and"ACcoUntr￿ Repothn8 by Charities=
Ststement of Recommended Practice applicable tg charities p￿Par1r* ihebr accounts in accordan￿ with the Financial Reporting
Stsndard applicable in the UK and ReputAic of Ireland IFRS 1021- (effective l january 2019}.
Obiectl¥es and ath¥itles
The Trust makes cash grants to scout and guide group5 to hdp with the financing ol small propct5 Such a5 building work5,
transport or equipment. In addition. they rnake grants to groups and indNhlual scouts and guides towards the costs of trips. The
Trust decide5 on the level of grants in accordance with guidelines aRreed by the Trustees. The guiddines are re¥iewed twice a
year.
The Trust also owns one buildi￿ whfjch has been leased free of tharge to local re￿derf$ 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 Financ￿1 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 TrL*Stee5 have in mind ethiol considetati￿s when rnakine inve5tmeThfs in the Stock Exchange they do r￿t
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 ga￿blIng. The Trv51'5 quoted investment p￿lf￿10 is managed by Rathbone Greenbank In¥estments.
Each sprin& the Trustees remew the budgd ol income and expenditu￿ f￿e{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
TN5*es' Report (Continued)
Forthe yeai ended S April 2024
Pl•ni lorfvThi¢ peih)
rhe Trusieei to (wtip￿t tD perh>rm 4wi4of iheih¥rty ill sarne 5tscce55ful Ihereare no >yhcaThi chany5
CFJTreThdy plan￿d.
Trustees rè5p)n%￿￿ foi pteparing the Trup￿e$. Rem •id the lth*)Ck41 siatemerts In •£¢orda￿e Wrlh 4ppk¥>le
aTrJ Uniied Atcwniirfstandaids IUDiied GNYralyAecepted AccththriryPratsKol
Tht lawapplicab* ￿ (ha11t￿S in F.n8laTrJ and W4lES ieqthte5tr￿. Trvsiertio piepare fInarK￿ 51atErnents for pa(h
which a trDe and fair ol the ol alf4￿ ol tt* Tru4 ènd ol reswice5 and *ppkat*)n ol iesoupce5 of
rhe Tru51 lot thai ￿31.
preparinjs thesE li￿n(la7 Ir* TrLrtiees are iequlied w..
. 5virablÈa(mYrtin8wliti￿ iheoapK* themcons1Aenr￿.'
. obsewvE the mtthfyls prirtiw th tF*ChètitiesSORP..
. afftd esiim•tss rhai are rth750nablo amd sxwlent..
. state v4hether •k%itable accwDtry 5tarKlwd5 fvthO*￿d. to¥ry ThareNI de￿nU￿sd￿cl0$ed and e¥pLiined
In the litha￿loP ststernent5- artd
- PKepJre thÈ fifiaKi•l statements on the b•5is unles5 rt 15 ii*pproptwtr to WeSLKnÈ thai rht tharity V4111 cc•iirwJe
in operatknn.
The Trumeos we reswnsible ¥coJntry iet+yds ft4t *iih reasona￿e atcuiacy ai ony IIME the
fthantJ¥ F•JSltw of the TrusT aro enawe them to Qn5uTe 11471 ￿ lUTra￿la1 st•ten*hiS compty*ith il* Chxit*s Aa 2011. the
Charity IAt<OLMKS dnd Aewrtsl kgutsivJn52W8 thp ol tl* trust dted
They ￿ a150 iesWll5*1è loi safev￿ldry as￿$ ol Trust arKI I￿e lor tskthg Yea￿nI￿￿ 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.
R￿PonsIbl11t1ts and basls of report
As the Trustets of thè Trust you are resP￿sIble 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 St3teff￿nts to provide a true and fair view in accordance wilh
Generally Accepled Accounting Practice effectibE for reporti￿ peiic*Js 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 Tr￿1 as reQ￿lled 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 Ap￿1 2024
I￿*d •sM¢s
99.925
4.42l71Z
WL739
4.52&647
Deblals
C*sh 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 thEChawkn￿S SORP IFRS102lar¥l ￿ Ch•dtle5Att2011.
ststemtfitswtrt ipprth*d ty ifr*Tru5*e5 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 ap￿1(able to tharmes preparin8 their accounts in accordance with
the Financial Re￿rting 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¢m￿ntIon. modified to Ir￿￿￿e 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 s￿￿men￿ the Trustee5 have a ￿aSonable expectation that the Trust has
adequate resources to continue in operational e￿StenCe 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 accoun11￿8 In preparire the
financial ststementS.
1.3 ¢hafft•bh funds
Unrestricted lunds are available for use at the d￿CretiOn 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 depO￿t 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 G*n*al tash grants
Expenditure is reCo￿lSed orKe there 15 a kgal orCOr￿￿uC1ihE obligation tLltran5fer economic benefti to a third parly. it
15 probable that a transfer of economic benefits will be required in sett￿rne￿t. 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 attribu￿ble 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 a1lotè￿d on ihe porrion of the
a$5et'5 Use.
General cash grdrrt5 are grants pawj duringthe year.
1.6 Tangible fixed assets
Taneible ffxed assets are in5tfjally measured at CO￿ and SubseqUerf￿ measured at cost or valu*ion, net of depreciation
and any irnpairment losses.
Depreciation 15 recogni5ed so ZS to write off th? c05t or valuaifjon of assets less thsr residual values over their useful
lives on the following bases:
Barn. Waterend Lane. Chalton
Shed. Waterend ta￿. Chalton
67 Jears
10 ￿aT5 Ifulty depreciated)
The gain or loss arisin8 on the disposal of an asset is determined as the drfference between the Sale proceed5 and ihe
carrying value of the asset. and is ￿c0￿￿￿d in the statement of tinancial activjties.
1.7 Flxed asset hwemments
Fixed asset investments are initialty measured at transaction price exdUd1￿ tran5aclTon costs. and are subsequently
measured at fair value at each repomng date. Changes in fair value are recognised in net incornellexpenditurel foi th*
year. Transathion costs a￿ expensed as in¢urred.
1.8 Financial I￿struMents
The Trust ha5 elected to appty the provIs￿n5 of sert7¢￿ 11 and Sectw 12 91 FRS 102 to all of its financial Instruments.
Financial instruments are recognised in the Tru￿ bala1￿ sheet when the wmpary becomes party to the contractual
pro¥i5ion5 of the instrument.
8a￿¢ financlal assets
Basic tinancial assets, which include de￿Or$ and cash and bank balar￿s, 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 am0￿5ed.
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 In￿Me 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 al￿r char8in8llcreditinBI=
Depreciation of owned tsngible fixed asse15
L055 Dn disposal of inta￿lble 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 actI￿tieS 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
41￿11
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 HoU￿r¥pIC
Dechra Pharmaceut￿415
4L156
49,411
41,156
49,412
29,623
43,962
L7Q)
7.192
50.292
3Y,OY
20.
7.192
Di8lta19 It*rastru(ture ￿¢
F£¢fin US Ren
ExpEiian
FDM fjrovp Hd(thngs pl¢
Ge￿11 f*ovp 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
r￿re StieEt E￿erlysI￿ra&e Wc
Gree(Koat UKW￿￿
Harr￿L￿ Energy IncTru51 Plr
Home REIT pk
lrnpaxA55et ManageM￿tGrO
IntertekGroup
lo￿$￿ Controls irfl USD I
KqllerGroup
Leyl & General
Marshalls c￿oUP
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
lean￿n￿ed)
llist¢*l¢ l•1ov*rt 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
Jan￿5 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
MtyfairC*it•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
37￿2
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 lth*stmeni 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- 0875*G￿ ￿r
ISmTr026
Rathbone Unit Trt￿l Mafflase￿t-
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 b￿d 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
dInarySh￿￿5 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 balar￿9 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
Resour￿611￿5 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 lI￿rIbu￿ble and non-distrlt￿fab1e 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 PO￿￿0n asdirector.
No other transat16onswith related partfe5 were undertaken.
16-