Re•d Ch￿lty Num1￿￿ 154667
EQUITABLE CHARrrY TRUST
Financial Statement
For the'year ended 31 March 2024
¥*
SEFTON YODAIKEN & CO
CHARTERED AccouwfANTS
Fairways House
Manchester
M25 9WS

.Eq1iitable awltable TtUgt¥
Charily Intornutson
HSBC
8 High Street
Manchester
Mfl) 4DJ
i&efman Rose & Co
94 Bury Old Road
Fainyays House
George st￿tt Prestwich
Manchester
M25 9WS
4JJF
Page I

'￿ttitab￿ Chayitsble Tntst•
Annual Report
For the y&ir ended 31 Match 2024
The Equitabk ch￿itable TtO8t is eOt&tittrtèd by Iyeed of Ttust and 18 a ¥egi8teFed charity,
number 26167. Its addresg ts at New Riverside Mou8e 4¥9 Lower BToushton Road SalfoTd
IthA Vaisfjthe
The obie¢t of the èharity 18 to provid&aSsistan￿.
To support educatiohal eStsblisl%ti￿.
to support relisious educatlo
The &4winistr&tion of thp tr4¥t is carjied out by the Tntstees.
The income of the dwity h re¢eiv.ea by way of fkn Al￿ donation8 ts)tsres¢ •
divadetsd&
The Tntstees examine allEraiit applications and they decide on the level of grant to be n)ade
depending on the cause and the level of reserves.
The tntstses have assessed. the mafv)r tisks to which the charity is exposed, in particuTat
th08e related to the opelatiohs and fitsan￿ of the charity, and are sati8fied thAt tystems are
In place tb mittgafr th￿e rAsks.
Grant Maklng Policy
The eharity is f￿ded bydonations and also from inv2stn*nt intothe. The charity sives o
grants iti litie with the abDtré objectives and, in accordatt¢e with.the charities grant makin.5.
Poll¢y-. The tr[￿￿e￿o￿Aflr4l thpit compliance, the 4utyto"liaYe due regard"ts) the pubhc
benefit..glllda￿ published by the ChaTity cOn￿l￿On when reviewi￿ the charltKs ain
and objectives arka in plantiin&its future aetivities.
Pase 2

.Equitsble Chatitable Trust.
Thi*tees Ileport
For the yeat ended 31 Match 2024
The charity retrived £55,OIKI in donation8 during the yegr. Grgnts..gtven the year
totalled £132ffi1. The grnts were al InpacCordan￿ the clwities obpetive&
In the curxent ye*T the thartty was succeygful in llLeetin8 its aiu
rnveBtmetst
The charity has a po*tfo]lo of investsnent properties. The rentsl income derived is to create
an incoxne streath for the eharjty. The chaTity's invesljnont proF￿￿e8 are irtcluded in the
witli the trustees best estiLTate of market value at the balatt￿ sheet date. The triiste.es have,
extensive experience ih the field 0£ property AnveslJnent ,and val"'uation wbich has,
Investment Powers and Policy
Ih attordanee with the trust deed, the ehatity has powér to make any iThvestmuAts wblth the
thLgleeg &ee fit The trustses resularly revllew the ch￿1￿8 position and needs in respect of
the knvÈBty*nt poHcy.
Re8aTe• Po]icy
It 16 the polley of thé charity tt) ttiathtakn unrestrAtted fimds, which are free reserves of the
at A level which the trust￿8 think .approp,iryate after consideth8 the future
coffunthents of the clwityond Jthely costs of the chaT4ty for the l￿xtYear.
For and sigfied orL behalf of the Board of Trustees.
9 De￿ber 3)24
Pa8¢ 3

.EquitableCharitableTrii8t*
Il￿ePendeTrt Examinerfs'Report to the Tru8tee8
Foz the year ended 31Marth 2024
We repDrt on the accounts of the Trust for the year aded 31 March which aft sét out
on pages 5 to 6.
Re8pedlve Tè8POi￿1bll1lI￿8 of tntsteeb and exatijirter
As the dwitys tiiustees you are Te8ponsible for the pwaration.. of the accourtts. You
consider that the audit requirenient of seclton 144 0£ the aiarities Act 2011 (the Aet> does
not appty. It iy my responslbility to state, on the basls of Pr(KedU￿ specifie(l in the General
Dlrectiorn8 given by the Charity Cotiunissioners under section 145(5)(b) of the Act, whether
partteularmatters have.come tD my attention.
My eXaMi￿tion wa8 carried out in acrordante With the GenEr￿ Directtons given by the
Ckwity Cornu￿. An examination includes a teview of the ￿col1n11rlg reeords kept
by the chaTaty and a compfifison 0£ the accounts presented with those records. IQ also
ineludes eonglderatson of any WiUgUAI lten￿ ￿ disdosures in the accounts, and seekitig
explanations from you as trustees ConCe￿S any such lfiaUErs. The prO￿aure$ tsndertaken
do not provide ￿ thgevidence that would be required in an audi¢ and conseqventty 40 not
xpress an ￿41t opimion on the view giveiiby the accounts.
(l) lthich sives me reathable cwse to believe that iti kny matetial respect the
requirem&lts
It) keep aLrou* recoTds in aLr￿dan￿ with section 130 of the Ad. and
to pTep*e accounts which accord with tl* accounlitig record& and tD compty
with the accounth¥ reqUIreu￿1t of the Act
{ll)
(2) to whidb in my Opinto￿ attention should be drown in order lo enabk * proper
undeTSt8nding.of the,aCgO&y.ts￿p Ly..TeacW.. .
x ¥*¥
Mr. S. Yodaiken
9 Decetnber X)24
SÈFTON YODAIKEN & CO
CHARTERED ACCOUNTAl4ll5
Falrways Hou5E
GeoTge Street PtestwKh
Manchestet
Pag¢ 4

•Equttable Cjwitable TTr￿.
Statement of Flnanaal Activitles
FOT the year en&d 31 March 2024
2024
20L8
Io¢o*tt¢ IV8oiirce8
Yoluntary inwine
Investoient itwon
633x1
IfA),942
215.021
132I61
1886
14617
120A15
149264
14Tn
Net surplus for the yea*
Surplus B/F
65fi57
15806,063
1,724198
Sui*ius C/F
1,8n,720
IW6,(b3
Page 5

.EqwTrableClJaritsble TnJ8t•
Balance Sheet as at 31 March 2024
Not
2024
Fl¥ed4¥￿t
hiy&tii*ntprowbeB
IDV.esfnMts- U￿1sted
1.576,149
1376,149
lftvffitmattal￿st
io
199,947
297217
io
88,931
io
atbat
497,174
ISAX￿)
43Z526
(6,LKS}
li
491174
420￿17
TO￿ assÈtsles8 e6YréE&f.Ii•bilities
3.027,cr73
2,96L416
Umvtt&ted fund&"
Capitalattounts
79,6Lg
IAJ75.no
1*06.
L075,no
i;m,720
3.027.(Yr3
1961A16
Approved by4*e 9 De￿mber 2024 and 8iyd on thetr E*ha]f.

.E4Uitabfr Charitable Tll￿+
Fot the yeaT ended 31 March 2024
l. Ac¢ountiDg Pollde
bydtstltttsiawAti¢s SOBJ> ￿ 102lffjd.. tk&Ch4rities Aet 20JII
1.1 Rentsi aneome as Induded In Incoll￿ as ana wknit is due.
12 Cbart.trble 4onotlons. a full jist IB w•ilabIe froth the tru8te88
2D24
Don4tii)ns welyed
Ihve8lnltht itieome
2024
136,151
144,588
Dividends received
Bar& interestr￿1Ved
1.514
137.6&5
160,942
2024
Bank charges
1,912
2024
(5I124)
147(VJ
U.175)
11.Q93
2579
7￿76
20,450
Page 7

•Equitable Charitable Ttust.
NDtes to the Financial Statements (conyd )
For the yeat ended 31 MaTcIL2024
7. InYo8tment A88el•. Freehoia Trqp
B/F
Additto
I￿6,149
I￿76,149
B/F & C/F
958,750
Dtse to the urnErtainty of thE PrnFwty rnaTket the TFu8tses have diffic￿ty kn ascertaithg a
10. Debtws
2024
Trade debtOTS
174.132
s8￿0
199,947
88.931
11. c￿edhol&. 4tnounts falling due within one yeaTr
2024:
Tradethditor8
Deposit
No remunerakniwas paxd attd tto'expeThRs were reimbursed to the Trustees durin8 the year.
Pg£e 8