THE ROYAL SOCIEtY OF sr GEORGE CHAR ￿ABLE TRusr
STATEMENT OF FINANaAL AcrivmES
YEAR ENDED 31ST DECEMBER 2023
(Incorporating Income & Expenditure Account)
CAF Ba￿[
UnrestrKted
Funds
M&G
Re5trirted
Funds
TOTAL
2022
2023
Notes
INCOME
Donations & Legacies
15.870.24
15,870.24 18.349.98
Investment Income
Ib
18,852.09
18,852.09
17,156.33
TOTAL INCOME
34.722.33
34,722.33 35,506.31
EXPENSES
Charitable activities
27,349.
27,349.￿ 28.749.
Governance Costs & bank fee
2b
1.232.00
1.232.
576.50
TOTAL EXPENSES
28581.00
28,581.00 29,325.50
NET INCOMEIIEXPENSES)
6.141.33
6,141.33
6.180.81
Unreali5ed GainllLoss) on Investments
4.205.78 4.205.78
-24838.3
Total Funds brought forward as at 111123
27.798.39 348.964.75 376,763.14 395420.65
TOTAL FUNDS CARRIED FORWARD
33.939.72 344.758.97 378,698.69 376,763.16
Movements on all reseNes and all recognised gains and losses are shown above.
All of the organisation's operations are classed as continuing.
Page I

THE ROYAL soaETY OF sr GEORGE CHARrrABLE TRusr
BALAN(E SHEET
AS AT 31sr DECEMBER 2023
Unrestricted Restrirted
Funds
Funds
Z023
2022
Fixed Assets
Tangible assets
Investment assets
Notes
344,758.97 344.758.97 348964.75
Current Assets
Debtors & Prepayments
Cash at bank and in hand
33.939.72
33,939.72 27,798.39
Total Current Assets
33,939.72 344,758.97 378.698.69 376.763.14
Creditors: amounts falling due
within one year
0.00
NET CURRENT ASSEtS
33.939.72
378.698.69 376,763.14
TOTAL ASSETS less current liabilities
33.939.72 344.758.97 378,698.69 376,763.14
Credltoys: amounts falling
due in more than one year
NET ASSErs
33.939.72 344.758.97 378,698.69 376,763.14
FUNDS OF THE CHARITY
General funds
33,939.72
33,939.72 27,798.39
Restricted funds
344.758.97 344,758.97 348.964.75
TOTAL FUNDS
33.939.72
344.758.97 378,698.69 376.763.14
Page 2

THE ROYAL soaEfY OF ST GEORGE CHARrrABLE TRusr
NOTES TO THE FIPIANCIAL ￿ATEmEPl￿s
YEAR ENDED 31sr DECEMBER 2023
Unrestricted Restricted
Funds
Funds
TOTAL
2023
TufAL
2022
I INCOME
a) Donatlons & Legades
Donations and legacies
Other donations
Amount returned in error
Natwest account
15.346.24
15.346.24
15,113.44
712.54
5(KI.¢X) 2.500.00
24.
24.tM)
S¢J).(MJ
24.(X)
15.870.24
15,870.24
18.349.98
b) Investmert income
M&G & CAF Bank Interest
M&6 Dividends
2.691.59
16,IfA).50
2,691.59
16,160.50
1468.35
15687.98
18.852.09
18,852.09
17.156.33
2 EXPENSES
a) Charftsble actlvltles
Grants
27.349.(K)
27,349.1x1
27.349.(K>
28749
27,349.(X) 28.749.00
bl Governance costs
RSSG expenses
Advice seryices Itd
Bank fees
1.172.00
1,172.(K)
408
72
96.5
1,232.00
1.232.(M)
576.50
Page 3

THE ROYAL soaEtY OF St GEORGE CHARrrABLE TrU5T
NOTE TO THE FINANaAL sfATEMEP¥ts
YEAR ENDED DECEMBER 2023
Unrestricted
Funds
Restricted
Funds
TOTAL
2023
TOTAL
2022
3 INVESTMETr￿ TRU
Investment fund at
Unrealised gain/{lossl
OI/OU2023
348,964.75 348.964.75 373803.07
-4.205.78
-4.205.78 -24838.32
Investment fund at
3111212023
344,758.97 344,758.97 348,964.75
4 REStRicfED FUNDS
Balan
0110112023
Balan
Transfers 3111212023
Income
Loss
M&G Charifund
M&G Charibond
from bal on 277,756.50
3111212022 71,208.25
348,964.75
-6.526.57
271,229.93
73,S29.04
344,758.97
2.320.79
2,320.79
-6.526.57
The restricted funds are represented by the Charrty's fixed asset investments and cash reserves.
S CASH AT BANK AND IN HAND
Unrestricted
Funds
Restricted
Funds
TOTAL
2023
TOTAL
2022
CAFBank attount
Natwest account
33.811.72
128.(X)
33.939.72
33.811.72
27694.39
128.CKI
104
33,939.72 27,798.39
6 DEBTORS AND PREPAYMETrifs
Debtors and prepayments
Page 4

THE ROYAL soaEtY OF ￿ GEORGE CHARThABLE TRusr
NOTES TO THE FINANaAL sfATEMENTS
YEAR ENDED 31¥r DECEMBER 2023
7 CREDITORS AND ACCRUALS Amourirs FAWNG DUE WITHIN ONE YEAR
Unrestri¢ted Restricted
Funds
Funds
TOTAL
2023
TOTAL
2022
Independent examinerfs fee
8 CREDITORS AND ACCRVALS AMOUtirs FALUNG DUE IN MORE THAN ONE YEAR
The Charty did not hold any long temi liabilities in this or the previou5 financial year.
9 RECONCIUATION OF MOVEMENT ON CAPITALAND RESERVES
2023
2022
Gain/ldeficitl for the financial year
Other recognised 8ains/llossesl
6.141
4.206
1.936
6,181
-24,838
-18.657
Balance brought forward
Audit fee discounted
Closing funds
376.763
395420
378.698
376.763
Total funds brought forward at 1st January 2023 agrees with ststements as follows:
CAF Bank
27,694.39
M&G
348.964.75
Natwe5t
104.(X)
376.763.14
Total funds at 31st December 2023 agrees with ststements as follows:
CAF Bank
33.811.72
M&G
344.758.97
Natwest
128.(Kl
378,698.69
Page 5

10 srAFF COSTS AND NUMBERS
The Charity did not employ any staff in this or the previous financial year.
11 TRUSTEES AND OTHER REiATED PARTIES
No payments were made to Tnjstees or any person5 connected with them during the financial
period and no material transattions took place be￿en the Charity and a Trustee or any
person connected with them.
12 RISK ASSESSME
The Trustees actively review the major risks which the Charity faces on a regular basis and
believe that maintaining the free reserves stated. combined WTth the annual review of the
contro15 over key financial systems carried out on an annual basis will provide sufficient
resources in the event of adverse conditions. The Trustees have also examined other
operational and business risks which they face and confinn that they have established
systems to mitigate the significant risks.
13 RESERVES POUCY
The Trustees have considered the level of reseNe5 they wish to retsin appropriate to the
Charity's needs. Thi5 is based on the Charwty's size and the level of financial commitments
held. The Trustees aim to ensure the Charity will be able to continue to fuffil its charitsble
objectives even if there is a temporary shortfall in income or unexpected expenditure. The
Trustees will endeavour not to set ayde funds unnecessarily.
14 PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearty that it must have purposes
or "aims" that are for the public benefit. The Trustees confirni that they have paid due regard
to the Charity Commission guidance on public benefft before deciding what activities the
Charity should undertake.
Page 6

Trustees Responslbilltes
The Charities Act 2011 requires the Trustees to prepare statements for each financial year
which give a true and fvir view of the 5tste of affair5 of the Trust and of the surplus of the
Trust for that year. In preparing those financial statements the Trustees ore required to=
- Select audwtable accounting policies and apply them consistently
Make judgements and estimates that are reasonable and prudent
Prepare the financial thtements on the going contern basis unless it is inappropriate to
presume that the charity will continue in existence.
The Tmstees are responsible for keeping proper accounting records. which disc105e with
reasonable accuracy ot Hny time the financial position of the Trust and hen￿ for taking
asonable steps for the prevention and detettion of fraud and other irregularities.
This report was approved by the Twstees on the 6th September 2024.
Michael Riley
Honorary Chairman
Page 7

THE ROYAL SOCIETY OF ST GEORGE CHARITABLE TRUST
Independent examinerfs report to the trustees
YEAR ENDED 31 DECEMBER 2023
We rew)rt on the accounts of the Trust forthe year eDJed 31 Decelnbu 2023.
Respective reSp￿tibilItiES of trustery aTKI wmin¢r
The chan'ty's trustees are respoL8ible fwthe preparation of the accounts. The c]wity's tNstees consider
that an audit is not required for this yearundu Se￿lOn 144 of the Clwitias Act2011 (the Clwities Act)
alld that all ÈndeEKndellt exallkiDation is needed.
It 1$ our ￿SponSibl11ty to.
¢xamin¢ th¢ accounts under secfioD 145 of th¢ Clwities Ac¢
to follow the procedures laid dowll ID the gelle￿ Di[￿tE0￿$ given by the Charity G)mnll&8ion
{under section 145(5Xb) ofth¢ Charities A¢L and
¢0 slate whether partiollaT matters bav¢ to my attentio
Bayfis of lttdepelld¢nt ex*mlner'8 rewirt
Our examination was carried out in accordaDC¢ with the gen¢ral Dtrecti"on5 giveth by the Charity
Commission. An examination includes a review of the accowiting records kw by the charity and a
comparison of the accounts presented with tlthe tecords. It also includes ¢onsid¢rdtion of ally unusual
items or th"s¢losurts in the accounts and seeking explanatio￿$ from you as trustees concerning such
matters. The pmcedurcs U[￿ertaken do not provide all the evidence that would b¢ required in an audit
and consequently uo opinion is givell io whether the accounts present a 'true and faiT view, and the
rwrt is limited to those matters set out in the statemerEt below.
IndependeDt examiner's statement
In connection with our eXamitTrti0￿ tKg matter IM come to our atsffltiott:
(l) which givu reasonable ca￿e to believe that in aoy material respcct th¢ r¢qUir￿ts.
to keep accoulltiD8 [￿$ in aethEdance with section 130 of the CTrArities A¢. and
to prepare accounts wbicb xcord with the acwunting [￿OrdS al￿ wmply witb the accountsng
requirements of the Clwities Act
have notbeell me¢ or
(2) to Whic￿ in our Opinio￿ attention should be drawn in order to ￿￿lIe a prop&r
of the a¢¢outtts to be res¢h¢d
sOL￿lONs IN ACCOUNTING LIMITED
Accoulll2nts
Ground Floor
2 Compton Way
Witn¢y
Oxfordshire
OX28 3AB
31° Octoiw2024