Chadty WlstsatluD T40. 163776 THE MARKS FAMILY CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 THE MARKS FAMILY CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION TtuStQeS Luio Mar<5 of 5rou&￿IDn The Mrymilièm Arnn (￿per Tbp REbeiia Ch•rlty number 263776 R¢iist¢t?d addrem HY4 FithEr Professional SeTh*res Llrnlte Acre Huu5e 11- IS Williarn Road NWI 3ER Indty•hdwl Ex•mln j¢￿ Courls HW Fither Piol¢gsion•l 5ern(es Limited AcrE HDUSQ 11- IS Willièm qoèd Lundon NWI 3ER Oankeis 21- 23 H41 Str¢et Maylail ionllon Wl151W In¥ostm•nt id¥lwrs Cana(CQfd Genuiiv Weallh Manayfflent 41 Lothtuty London EC26 7AE THE MARKS FAMILY CHARITABLE TRUST CONTENTS P4e Trustees. repvi Statement ol trustees. responybilrties Independent examlrtÈ¥'5 report Sia¢emeniof nnantièl attivifiE5 Balance sheet Notes io the Dccoun THE MARKS FAMILY CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED S APRIL 2024 Thp tIU51Ee5 PTe5ent theif feporr and financial 5r3temetsts loi thpveai enjed S April 2024 ThE Iin3n¢131 staremETriS ho¥e tseen proparod ID accofdaniE wlh the ¥¢QUlliing policies sei out IV note I to the arcounts and Reiommenced PTdCE ILTr 4pplicablr to IhariTiQ& prcparinK aCto￿n[S In accordance w th the +ifi•llCial Reporli*R 51andard Objerikn and Tne IruS:¢4C's have Paid T¥Kard to 1SsUL'd by ihe Char ty Crmm155w In setlian 17 of rhc CharitlQ5 Art 2iidl. In Achlevemtnt5 and pertormance urin8 thv ypar thv rfent)iAied Income i¥sovrte> 01 £136.3¥312023 f I IU.1811 wThicii L'nabled thE chaTiiy to makp 11 IJD23.. 141 &rants amouptlDR to L14b.94512023. Ll33.4dll Flnah¢l•l rE¥iEW r)uiinK Ihc onded 5 Aucil 2JJ4. Invtstment in(ome was ￿L￿CL￿1￿1d Irorn poriiollo rnana&cd by Clnacrord G?Thuit¥ Weaiih andéemeni ol £L34,66112027 £ 110.C401 -% Oli ifb¥of%Tr f fiT5 amountL'd ts) £l,J4u.96? j&C2J.' ncl 4OS& lJU4,8J' I. Roser¥ts Pgli¢¥ InEome iu ￿le¥L annu31 4rd Luv*ii matha8errtrTri artd ArtnTrinisivoiinTh rosis Anrt tf> rn •mprp,*ncy APPlicaTions lof grants N%hich JT151 Irom time its timl, In ￿tUall0Th% *htrfr".he InCDme is ID5uffitieni to meet aonuai expEndilvrt. Ihg feS¥T¥es rhe Unt￿$t11CtVd IuDd5 01 the charit¥ Asat 5 April 202A amtsunied io É? 341.81111023 £6.416.3731. 5uppoii a V4ide ran8e olcJbsts. Thv iru5rees review-. rf And actEpttd 8IXnt applitaitonsdurinR the Tr*ar under rLMew. During Ihe year i*e Trtsst rnade 1712023.. 141 Ai5k I trustcos have assessed thr maiui risks to which Ihe c￿arItY IS exposed. and are SJli5fied ihat SY51ems afe In place to mitiKatY eXptsI￿re to the major r15rt5 Irl iiider for tlie ITUSteeS to maintain the valuE ttf tbe Trusi fu￿. Canaicord Genuily Wealth Management advise them an their Invtsiment porcf¢lio In urdor ro SPr￿ad r15k Iho curyenr inVEStmen'. poliiy Is lo adopi a balaTh[ed r-tufn 1rD￿ illcDmp capital grttwlh THE MARKS FAMIIY CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Structure, iovern*nce and marsalem￿l The fvl3rk5 Family Chaiitable Trust IS IE8isleiod With the chai1tycomm195i￿cts (No. 26377613nl constituted by Deed 04Trusi datEd 29 April 1971 as amenoed on 8 Klafch 20.. Thè tlustpes wh0 5ei¥ed dJiln8 the year *ie-. Iprd fvlhrks olB"Du4hton The Hon Michael I1a¢ks Ihe klon Mrs Miriam Coopef Iho Hon Petsecta Maik5 IHcsly￿d OD 20 Nowember20231 Power of appointin6 klevl tiustee$ 15 vestEd n Lord Mbrks ul Brou¥hlon. ttie SvllloT. duiin8 his lifetime Tliy minimum vcar. On behalf of iht 8oard of Vru5teos L•vO P Trustet D•i•d'. ht 30 Ck4K) THE MARK5 FAMILY CHARITABLE TRUST STATEMENT OF TRUSTEES. RESPDNSIBILMES FOR THE YEAR ENDED 5 APRIL 2024 The IIu51ees aTe respoD5ible for piop31ing the TYuStevi' A*port and fin3rn1ial &tatp.rn•Dt5 In •[(ordanco applicable law and United Kingdom AccouTri1￿ StapdArd5 (Uniied KingdDm Gertecalty At¢epied Ac¢ounLlnR PTacii(ol. which Rive a irue 3nd lair vie%* of state ol affails Dl:he chaFrly a?d ol tho In{oming resources 3nd applica￿on ol resouries of the charity Ici that ¥oèr. In preparbnK these Iinancial siaiement% ¢hE uusire5arE required to.. leci sultablv a£counting oolicie5 and then apply ihcmwnystefflly-, nbricfvc Iho mLlhDdp and Pfinctplcs in Ihc r.hariiics504P-, rtTrèke iud£cmenis arttt esiimaies ihat art reasonable and prudent. 5raie vthethei apglicablc a¢¢vunting $13idards hJ¥E tollowod. Subie¢r 10 any mateiial deo•iluics disck)sed and cxolained In Ihv tru4lee5 Jie ie5pon51blo foi %uthfieni a¢(ounlini rEcords thit disflts%e wilh reasonable accuracy al any tifflP tho THE MARKS FAMILY CHARITABLE TRUST INDEPENOENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MARKS FAMILY CHARtTA8LE TRUST I rEPOrt ta the trusEEES Dll my ￿a￿l￿￿tIDn fir￿nCIal smornonrsof The Marks tharitrblETruSt Ithc thafftyl loi th Re5poDyb115llttand b•41 off toport As Trye trusiets tf the tharity w>u ale [eSw￿b￿ ￿ thp prepa￿tIon of the fmJnci3t 5totcrncnts m 3ccordancc with the requir¥lll¥nl% ulthE chaliti￿ Act JOII IthE 2)11 Acii I rEPQrt in re59eci OF rny oxarninaiion ol iho (￿￿.ty% fIna￿¢r￿1 s[alEt￿ntS Carr￿ gul 5etiion 14S vf Ihv 2DII Atl In EaTrying 0￿1 my exarninaiion I ha¥0 follDwed èli the appmcabie D*eLiiQnS 8hrn by thE Chainv Comrni551w under 5e(U Independent Axamln•r's I hAvE lornpletEd ry examinal on I tonFITrn th* no rnarnrs corn* io My all*niiOD in wnn1rtiL￿ with the Èiamlnètlon 8Ivin8 To bdi¢vE ihat In aDy maiei 41 respect.. occountsn8 rciord5 ￿tiC not htpt ￿ roswa ol the (h•rity as rttyiwcd tsv5ca,on 130vlihc 20II Aci.. Dr tne4ln Jn¢JJl stJt¢ments do n•.. co￿0 ¥ w.th ihc Jppl4cablereou rements fofrn and contentof account5 Set out in IhE Cha*itiw Report51 Rew￿l10n5 2￿3 Ciho. thaD any iequiiemeTrl Ihat Ihe accoun1% iivP a true nd lèii ix nol a mattEfw￿t[ed M port ol an Indep￿dent wmI￿allen I td to ¢he recipient. Granis offered Subject io ¢ondilign5 are reca¥ry15cd iry rhe period ihose cOndrt￿ns are mei. prior io Ibis they are volod as a commitmenr nOT accrjed 45 Fl¥ed osset Sn%tstmrt5 Filed 4SSet Ili¥i'siments Jro Initbalty mcasured at transacTion Drpce excludini riansaciiDn iosis. and are Subseouently measurvd 1.7 Fith•h<+al IDstrumtnt> Actual t¢5uItS miiv diFfeF Irorn these esiimates fiifilTE Peliods wh*re IbE rew51on allocis boih ¢ufreni luture Per￿d5 Thc rrustves do not beliewt ihere to bL' iud8efftphtsor o%t¢matès thaiwould be con&idercd critical to th* iinanc131 stalEmcnts Ihwestmenis nre51rlcled I￿nd 21114 lunds 1023 Intcrc5r and divIO*ndslrnm irwe5rrnent wrtfolio 134,661 1.722 721 146.383 110.7BI Ra151nt lun415 UnresirKted funds IOZ4 luhd5 2023 IrhvEstmL)nt rn&TragcmenT fee 57.496 THE MARKS FAMILY CHARITABLE TRUST NOTESTOTHE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED S APRIL 2024 Ch4rit•ble 1cli￿rIeS U￿re$ll1 2,500 10.000 SW 25.0 1,0 12.000 UK GIVE5 Ltd IM8A 10.0 146.945 133.441 THE MARKS FAMILY CHARITABLE TRUST NOTE5 TO THE FINANCIAL ￿ATEmENTs ICONTINUEDJ FOR THE YEAR EAIDED 5 APAII 2024 Support costs Support tosts G¢wernance costs 2024 SuppvrtCQ5ts Govornance 2023 w￿b$it* tost LeRal 2nd or¢fessiorLal fee5 Aciaunrancy leos 720 720 7?0 710 19.713 L.$84 19.713 1.$84 6.212 1.440 1.440 22.017 21.017 .372 Anai¥5ed bctw?p 22.Ol7 21.017 8.372 9,654 Afcountanrv fees IL)mwbse Indepenoeni EJaminct'S Fee ol £1,2W12023. £1.2￿) and lèe foT artounlJncy 3nd othor Scivices of £L8,51312023'. ES,0121. Trusiees Non￿ DI the tlusiees loi inv pprsw5 conDtcivd willi Thvml rec2i¥L.d any ierntsnEiatlon. or beneflis frorn 4he charitv mployees Thcro weie no omployeosduriDÉ rurronr or Piior ye3 io Nei È•ln51110s1•5l on If*¥esime*ii Unf￿trIcted Iyhds 2024 fund5 2025 Revaluation of In¥PstmpD* Gainlllossl Dn sale of InvestmelTrts 953,173 96.794 I￿49.967 li Other 831ns or losse5 Unre5tdcted UThrp5tricled lund5 21123 IQ24 ForeiRn eNchange 11055esllEa4ns 1.080 10- THE MARKS FAMILY CHARITABLE TRUST NOTES TOTHE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 5 APRIL 2024 12 FlxÈd asstt In¥estmÈnts Share5 Cath In portlollo Totil CD5t Dr valuation 5,994.721 3.072.911 953.173 318.364 6,313,086 Additions Valuation Ihapae5 953,173 1130,OWI 134,661 1130.OWI 134.661 LhanRe In lore1Kn