Charity r¢gistt3tion llumber. 266049
The Bon Accord Trust
Annual Report and Financial Staternents
for the Year Ended 5 April 2024

The Bon Accord Trnst
R¢ference and Administrative Details
Trusteei
Mr DP En5ell
Mr JM Bu¢kler
Mr M Halstead
Mrs R M Deethian
Ch4rlty Registrntion Number
266049
PTin¢ipal Offir¢
Mill House
West Far
Coleorton
Ikicestershire
LE67 8FH
Indepettdellt
R J Griffiths
3 Blackland Cottages
Sparkivell
Plsrynouth
PL7 5DE
Page I

The Bon Accord Trust
Statement of Trustees, Reyponslbllllles
The Iwslees are responsible for preparing the tnjslees, rerK)rt and the fmancial statements in aecordance with the
United Kingdom A¢counttng Standards (United Kingdom Generally Accepted Accounting Pra¢ti¢¢) and applicable
law and reguEatiODS.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which
give a tNe and fair view of the state of affairs of the charity and of the incoming r¢sources and application of
resources of the charity for that period. In preparing these financial statements, the tn￿te¢S are ￿quIred to..
sel¢ct suitsble accoiinting policies and th¢n apply them consistently;
observe the methods and principles the Charities SORP:
make judgements and estimates that are reasonable and pNdent'
state whether applicable accounting standards have bcen followed, yjbject to any DWtwi&l departtwes disclosed
and explained in the fman¢ial statements: and
prepare the fthancial statemeths on th¢ going concern b￿lS ullles5 It is inappTopfi4te to presume the ch￿lty
will continue in business.
The tnLSttts are responsible for keeping proper accouniing Tecords that disclose with reasonable accuracy at any
time the financial position of the ¢harity And enable them to ensure that the f￿￿icIal statements comply with the
Charities Act 2011, the Charities (A¢rounts and Reports) Regulations 2008, and the provisions of the constitution.
The tnLStees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for
the prevention and detection of fraud and oth¢r irregularities.
Th¢ trustees are responsible for the rnaintenance and integrity of th¢ ¢QTporate and financial information included on
the ¢haritable company's website. Lcgislation governing the preparalion and dissemination of fjnancial 5tat¢]nents
may differ from legislation in other jurisdictions.
Approyed by the trustees of the chariry on.
. and signed on its behalf by:
MrJ
Trus
uckler
Page 3

The Bon Aecord Trust
Statement of Financial Activities for the Year Ended S April 2024
Totsl
2024
Unr¢stri¢ttd
Reslricled
Note
Jneon)e and Endowments from:
Investment ineome
115.988
115,988
Expenditure on:
Charitsbl¢ a¢tivities
(200,300)
(2(H).300)
Total Exp¢nditUTe
2QO,300)
(21K).3(K))
Net expenditure
Gainsl{losses) on inv¢stm¢nt assets
(84,312)
100,953
(84,312)
100.953
Net movement in funds
16,641
16.641
Reconciliation orrund$
Total fjjnds brought fonvard
3,837,989
20.(KM)
3,857,989
Total funds carried forward
13
3,854.630
20.(MX>
3,874,630
Total
2023
Unr¢slricted
Restricted
Nots
Income aDd Endowm¢nl$ from:
Donatiortg and legaci¢s
Invc8tment income
20.(K)O
20,000
114,695
114.695
Total Income
114,695
20,(MM)
134.695
Exptndlture on".
Charitable activitie5
{162.844)
{162,844)
Totsl Exp¢nditi]r¢
{162,844)
{162,844)
Net (expenditllreyincome
Gainsl(1055es) on investment assets
(48,149)
{405.231)
20,000
{28,149)
(405.231)
Net movement in funds
(453.380)
20,OIM)
(433,380)
Reconciliation orrullds
Total ￿ndS brought fo]ward
4291,369
4,291,369
Totsl funds carried fonvard
13
3,837.989
20,0(M)
3.857.989
All of the charity's activities derive from continuing operations during the abovc two p¢riods.
The notes on pages 7 to 12 fornj an ill¢e￿al part of thes¢ fjnancial statements.
Page 5

The Bon Accord TTh￿t
Notes to the Financial Statements for the Year Ended 5 April 2024
l Aceounting policies
statement of compliance
The f￿anCIal statements have been prepared in accordance with th¢ second edition of the Charities StatetD¢nt of
Re¢(Trtntnended Practice issued in Cktob¢r 2019, the Financial Reporting Standard applicable in the United Kingdom
and Republic of Ireland (FRS 102} and the Charities Act 2011.
Basis of preparation
The Bon Accord Trust meets the definition of a public F*nefit entity under FRS 102. The accounts (financial
statements) have been prepaTed under the historical cost convention with it¢Ths reLognised at cost or transaction
value unless otherwise stated in the relcvant note(s} to these accounts.
Going concern
The trustees consider that there are no material uncertainties about the chariW5 ability to witinue as a going
oneem.
loeome and endowments
Voluntary income including donations, uijfts. legacies and grants that provide core funding or are of a general nature
1$ reco￿lSed when the ¢harity has entitlement to ihe Income, it is probable that the incom¢ will be received and the
amount can be measured with sufficient reliability.
Donailons tzndlegoci
Donations and l¢ga¢i¢s are r¢cognised on a receivable b&8is receipt 15 PTobabl¢ and ihe amouDÉ can be reliably
measured.
InvthenÉlncome
Dividendg are recogllised once the dividend has been declared and notification hay been r￿e1ved of the dividend
Expenditure
All expenditure is recO￿lsed once ther¢ is a l¢gal or constructive obligation to that expenditure, il is probabl¢
settlement is required and the arnount can measured reliably. All c05t5 aTe allocated to the applicable ¢xpenditure
heading that aggregate similar costs to that ¢ategory. Where costs cannot be directly attribuied to particular h¢adings
they have been alloc21ed on a basis consistent with the use of resources.
ChorllablÉ ￿lIVI￿
Charitable expenditure ¢orDprise5 those costs incurred by the charity in the delivery of ils activilies and setvices for
its beneficiaries. It includ¢5 both costs that can be allocated directly to such activitics and th09¢ ¢osts of an indirect
nature necessary to support them.
Page 7

The Bon Accord Trust
Notes to the Financfial Statements for the Year Ended S April 2024 (continued)
Inveslments
Investments in non-convertibl¢ preference sha￿5 and non-puttable ordinary or preference shares (where shares are
publicly traded or their fair value is reliably measurabl¢) ￿ me&8LLred at fair valu¢ through profit or loss. Wh¢re fair
value cannot be measured reliably, investments are mea5ur¢d at cost le&8 impairment.
Fair vdlue nwosuremenl
The best evidence of fair valu¢ is a quoted price for an identical asset in an active matht. When quoted prices are
UDavailable, Éhe price of a recent transaction for an identical asset provides evidence of fair value as long 05 there
has not bcen 2 significant change in ¢wnomic circumstances or a sigrnificant lapse of time sin¢¢ the transaction took
place. If the market is not active and rEccnt trdnsactions of an identical &sset on their own are not a good estimate of
fair value, the fair value is estimated by uSi￿g a valuation tecl]niqu¢.
2 Income from donations and kgo¢i¢s
Restricted
runds
Total
funds
Total for 2024
Totsl for 2023
20,000
20,0(K)
3 Investment income
Unrestrieted
runds
Genernl
Totsl
fund5
Inlerest receivable and similar income;
Interest receivable on bank deposlts
Other income from fixed asset investments
637
115,351
637
115,351
Totsl for 2024
115.988
115,988
Totsl for 2023
114,695
I l4.695
4 Expenditure on charitsblt actlvlties
Page 9

The Bon Accord Trnst
Notes to the Financial Statements for the Yvar Ended S April 2024 (continued)
10 C8sh and cash equivalents
2024
2023
Cash at bank
60.194
153,592
11 Creditors: amoullts f4lliTrg due wi¢hin one year
2024
2023
Cxher creditors
600
91N)
12 Creditors: arnounts falling due after One year
2024
2023
Other creditor5
68,651
13 Funds
Bal#n¢e at 6
April 2023
Ineoming
resources
Resources
txpended
Balance at S
April 2024
Unr¢strleted
General
3,837.989
115,988
{99,347)
3,854,630
Restrieted
20.000
20,000
Total funds
3,857,989
115,988
(99.347)
3,874,630
Balanec at 6
April 2022
IDcomiDg
r￿urCeS
Resources
expended
BalaR¢¢ 4t S
April 2023
Urtrestricted
General
4,291,369
114,695
(568.075)
3,837.989
Restricted
20,000)
(20,000)
Total funds
4,291,369
(134,695
568,075
(3,857,989
Page 11

The Bon Accord Trust
Statement of Finaneial Aetivities by fund for the Year Ended 5 April 2024
Total
Totsl
Unrestricted Unrestricted
Funds
Funds
2024
2023
Ineome and Endowments from:
Inv¢$ttnent iJKome
115,988
114,695
Total incorne
115.988
114.695
Expenditure on:
Charitablc a¢iiviues
(200,300)
(162,844)
Total expenditu
(200,300)
(162,844)
Net expendittwe
Gro$s transfers btheen fund$
184.3121
100,953
(48,149)
(405,231
Net mov¢ment in fijnds
16,641
(453.380)
R¢¢onelllAtlon or runds
Total funds brought fonyard
Total fi￿dS C￿Ti¢d forward
3,837.989
4291.369
3,854,630
3 837 989
This page does not f(￿1 part of the statutory f￿ancial statements.
Page 13

The BoD Accord Trust
Detailed Statement of Financial Activities for tbe Year Ended 5 April 2024
Totsl
2024
Total
2023
Income and Endowmtnts from:
DoDatrons and legacies (analysed below)
Investment incom¢ (at)alysed below)
20.0(M)
114,695
115,988
Total income
115,988
134,695
Expenditure on:
Charitable activities (analysed below)
(200,3
(162,844)
TotaL expenditur¢
(200.300
(162,844)
Net expenditure
Gross transfers behveen funds (art￿ySed below)
(84,312)
l(K),953
(28,149)
405,231
Net movement in fimd5
16.641
(433,380)
Retoneililltion of fund$
Total fimds brought forward
3,857,989
4.291.369
Totsl funds carried fonvard
3.874.630
3.857,989
This page does not form part of th¢ statutory financial statements.
Page IS