Charitv rryistration number 267J72 (Englind #hd W¥lt$l THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST ANlIAL REPORT AND liADITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST LLCy.4L.4.ND AD.MINIS1"R.41'1VE IN'F'ORM.41'10N 'lTru$lees T C" (p 5iotl. C'hair C'ol..1 J l-.i%¢ns Is J Riihard%Trn 4r Il. F ViirTj (apin1¢d ?11 NIJI ?11?51 Itrk Mr K Mdinau8hkn)n C.hArlN number IF'n¥lnd n411l'glts) ?6737? Rtilsttrt<l ornre addlLrfs Ilous¢ 44 Ciiiii4r l.an¢ Ilarding.QC'A kC'C'A IX'hA Riihdrd PlJit Thihwin %Lrt lie% l imiii 1-7 RId
THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST C()N'l'F:.NI' Page IndLPLndeni lXln5 f¥TX)n IUILmLni of linonLiul aciii'iii¢s H4ildni¥ %h¢¢t Ni)1¥s 11) IIIL lin4inLial slalem¢nL
- 17
THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST
TRli%l'b'F'l4' RF.P()RI-
FOR THE YEAR EDED 31 MA Y2025
Tli¥ Tru%tLI% Pl'¥_K'ni Ih4Lr annual riwyrt ansj finaniial siatemenLS Inr ihe )¢af ended 31 Mai. 2Q75.
Objttilves acilvltles
In Ktiing obj¥¥¢ii¥S and plwinink ti)f 41Lli1b¢i i. hill¥ li%1Lr¢d ihc guidancL puhlishL.d b). the C'liariii.
( y¥11n? ii) publiL benLlii. their di)LwmLllI -ThL r.S5L'nliQ] six main duii¢s.'
b. Nllln ieilvlrtts undtrtakett io fvrthtr iht ¢hr6ty'5 purposes for ihe public benefit
'I"hL InL%I'% prinLipal m$ are i(1 pri)m(Ke thL crnll iJl'4uminy sUp)nIng # riin¥¥ ol"trwning and pn)l¥Sliwdl ULiii'iliLS.
THE WORSHIPFUL COMPANY OFTURNERS CHARITABLE TRUST
q"kliSTTr".F.S' RF.PORI' (C"ONI'INIIfr'I)
FOR THE YEAR ETh'DED 31 MA Y2025
FlnAn¢i&l rnvle
Golnl eonctrn
I Ili I fu%LCL'% neiiei'L' In21 Illl i111t7 3kieouJiL r¢s()UTiCS tn cnniinu¥ fi)r iiie li)reN¢¢JhlL IULUII.. fi)r ili14 rLafon. IliL
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Ihi LI)Uni1 FM>IiLiL'%
b. R¢seres policy
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THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST
I'RIISTF.+.S' RF.PORT (C'ONTINIIF.111
FOR THE YE4R EA'DED 31 MA Y2025
SIAttment of Tru5tees' Rttponslbilltles
-I-he"frSILeS are re500nsible tor prrin ihis the rtrwicial in aLcvrdun¢¥ wilh iV)li¢iibl¥ Iuh, L',K s
lJiiJ.IiJ% ICyLYILYdll) .,IiiLpiL..1LLll1iin& Prdilli
THE WORSHIPFUL COMPANY OFTURNERS CHARITABLE TRUST INI)F.PF.T¥I)+".NT F..X.4MINF'R'.% Rb.P()Rl' TO THF. TRUSTEES OF THE M'ORSHIPFLL COMPANY OFTLIRNERS CHARITABLE TRLIST 'I'riLSILL% lin m! ol'ihe liniYJfi&il stsi¢menLS LII-'I'he W'i>rthiplul LiTrmpan! ()1 furner% C hlIabIL frusi IthL Inisii lor Ih¥ ind¢d 3 l {lJ? . RL'SPUiI.%ilplllllr5 bML5 tsf repurt 114 IhL Iru.%lLL.% i)I" Ihi Iru51 IL)u are rLS{s1bl¢ ti)r i. prl'wrthion i)I' thL' linanLial sleMen15 in acci)rdLL Miih Ihl rL4uifimini$ iil'thi L'htsriii¥ All 2111 I I'eix)ri Lll N'lpeil iil-ni) eidminarion ofihL Inl'S finanki sthiemeni> LarilL oui ulldir Yiion 145 &)f¢h¥ ('hariii¥.s ALI 21111. Iii i&m iiib? iiui mi <¥mInall0n I hav¢ to1loii.l thc l)Irciiiolls glien M lh¢ C-hiriLI C()mnii.%%i()ii un¢JLf L1ivn 14ii Smbi iil-1hL lTrdependtnt e¥xmiller'% %txttmettt ILIUI. JIIL'IiiiL>Ii IS diai4rt 10 (h4 Id¥1 Uitht tli¥ ihariii h4LS pr¢pdr¢d Ih¥ lin¥Triial qaii¥llLnL4 in aLcordanLX' ii'iElI Lhc rL'lIl'lll)I I'LllI?n 'inunLial RiP(lrtink Standard Jppli¥ahlL in ihL I'K and RLpublii ill. Irclaiid I fR% 111?) in prilLfiiiLL l(1 IIIL ALLi>uiiiiiig diiJ RL'rxiriiii¥ hi. L'hJi-IlitsS-. %¢ai¥mini ol. Riionim¥nJ¥d Pra¥li¥& 011 l ..Ii)i-jl !(N)5 iilii¥li IA r¥l¥iikd Ill 111 IIIL Llldlll t'L¥uldiiiiii.% hiL% niiM. iK'¢n iiithdi-diiii. l und¢rSi7 Iha ihi% hds ts¢ti di)rt4 in iwder liir the finJnLiJI 51dlemLlS IiTr pfLii'idL J I h-il'i. LiiinrlLl¥d mi ¥Yaminaiinn. l iiiniirm ihai n(1 maiicTh iiime lil mi Jll¥niiiin in iiTrnnixiiDn ii'iih Ihi 4Yarnlnatiiin iiLI)Iiniing rLi(Irds WLfL niii in rL4r&il i)I'ihL' IN%1 re4uir¢d M ¢aii>n 1311 ot'ihL' C'hi¢i¢S Aci 2VI I. ¢h¥ IiniinLiJI %lJiLm¢'nis dii nim JLL(Ird ii-iih th(. rLYnrds'. ly Ili¥ Iiiiin¥i411 UliiiiLlilS IM)1 ii>iiiiil% li iih i. iippliLthIL fLNuireinLni% Ll)nLLming Ihi lomi and L(In(4ni ol. linun¥ial IUILIiiLllI.4 %ei iiui in Ili¥ (-hiifiii¥% IAiii)Ulll¥ and Rirxin%) R¥gulaiii)ns ?IMI¥ thliLr lh7 ¥¥'4uireiiiLDi Ilidl IhL liiidli¥iiil %tsLL¢rnL'ni% gi1¥ u Irul un¢J lair i'l¥. iihi¥h is nffl u maiicr Lon%idLfLQ part ibl'iln indLrKndLni LxJrniiiuliiin. dr&lll'n in Ihi4 rn'rfift in (Trrdif iii inihlL .1 pDirr tincl¢r%iindinv Dl-IhL liTrirKial s1'.1limi'lll< Iii IIL. N'1c-hid Dxrren H#rdln% ACA FCC.4 DChA Riihai'd PlilLL ¥)i)biiTrn iLi.% l imiliyl C'raiile%- -Ls1 SUSSLA pag¢ 4
THE WORSHIPFUL COMPANY OFTURNERS CHARITABLE TRUST Sl'.4'1'b'.Mb'NI' Ofr FIP.4NC'I.4L.4C'1'1VITIF. INCLUDING INCOME AND EXPEN'DITLRE ACCOUNT FOR THE YEAR E.DED 3J MA Y2025 Currtnt finAnrlal ytar L'ttnsirltttd fvnds 21b2.4 Reslricttd runds l(b24 Toil Tot*1 Jn24 In¢ome from: 157.61X) 157.1)4111 25.51? i.512 25.th55 F.Iptiidl¢ur¢ C'hai'ilahlL dLtii iti¢s 47.956 y7.l)56 9_1.125 Totxl eyptnditu 117.956 7.956 lJ.l.725 Net In¢ome And ThttIll In 116.713 Keconf Illatlon of funds.. l.unJ halan¥i.s ai l JunL 2U?4 4.¥YII YI 7.)71 1174.Y? 4.Ri)8 Sla¢im¢ni ol. lintsnlial aLLIV111¢5 inLludi% all gaios and I wiognised in the lear. All inLomL and L¥1di1TC dLrii'L
THE WORSHTPFUL COMPANY OF TURNERS CHARITABLE TRUST ST.47'F.MF.NT OF FIN.4%('141..4C"I'IVI'I'IP".S (C()NI-INI F".1)) INCLLIDING INCOME AND EXPEI%DITL,RE ACCOUI%T FOR THE YEAR E,DED .11 MA Y2025 Prior financixl year LnrestTitttd fund5 Rt5tritted hd5 2024 Total 2024 Incom¢ frorn: $1.(1$41 Lhariubl¥ d¢ll% Ill¥ ?5.655 25.(155 Exptndlture oa: y3.?25 Totxl cipchdlturt 413.2?5 5$ 42..11) Reeoncllk*tlun ur funds.. F-und halanLLS ai l JunL' 21)?3 ¥7U.(JIIII 4.X4X M74.478 h#lanreT li JI I24 47? 4.RgX
THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST B.41..4NC'F. tsiHfy'.Tr ASAT31 MAY2025 2024 Flxed Sets 91K.ilJg 9111.954 C-urrent 855elJ 12 105.Lkli 27.574 6.499 ( ash ni bunk. %Lnd in hand 13!6!? C'reditors: fllln% due wlihln one 13 I I X.471 +4et eurrenl asset5 115.774 fi.416 lotal Assets less eurrnnt Il#blll(I 14.Il¥i 417.17 Tht fund% of ht irusi 14 4.Xg1 4.¥YX 1? 477 -0.34.IIR3 'I'hL' linanLiJI SlJlL'mLni.% IVLYL. LipplIed h. Ihe'lrusiL'¢S ¢MI Ilr (' Srntt
THE WORSHIPFULCOMPANY OFTURNERS CHARITABLE TRUST
N()'rfr's 1'()'I'H+- Tr'IN.4NC'I.4L S1'.4'1'Tr'.Mb.NT
FOR THE YEAR ENDED 31 MA Y2025
Accounting politi
ChritI. iTtformiiio
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bYj4lifi+J addrL'55 is 541dlLf5' Hous¥. 44 { jllllkr l.im¢. l.undun. l.'L?K' 611K.
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THE WORSHIPFUL COMPANY OFTURNERS CHARITABLE TRUST NOI'F'% I'() I'H b. F"1 N.4NI'I.4L I'.4'1'Tr'MENI' £('l)N'l'l N I'fr"i) FOR THE YEAR EDED 31 MA Y 2025 Atoounilng polStlts IC.ontinuedl 1.1 E¥ptndityre priih-thl¥ ih41 J Lf4Ln%f¥f ill. &LI)ni)mii 'nl11s iiill . r¥quid In k'LIILmLnL thL Jmibuni lif ih¥ iTrl)li¥diii)n iJn k. mLthNufLd rLliabl}. F'.¥rKndiiurL 1% classtltrLd M aiiivip. Ikn¥ LOSLs Lil-¢aih a¢lll-jD' mJd¥ up of Ihk (Iiial i)t'diriii nd.1hwL cu51b. iniludin¥ suprrt)rt iosts involved in und¢rtdkinkT Laih a¥iii il%. Aiiurd% and donaiii¥ns JrL paimLllLS mtsdL li) Ihird parti in lh4 turthir&ncL' of ilK' ¢hgrital)IL' nhj¢¢iiiLS l)f ih¥"I"ru%i.-I"hi?' arL' Lhark'L¢J it) thLk %'Lar in iihiLh pasmLXlI is mad¥. AII ¢XP¥ndiiurL' is inclusi%'¥ ol'irr¢coi"¥rthle V,lT. 1.6 Fix¢d S&¢l iaw¢slm¢n¢s l.-iiid in%'i.%iniLIiL% inili¢tlli muL%ur¥yJ IrdnsaLlii)n priLL kxkludink WiUiWLIIVII LU%L%. an4J drL sub%L4uLnilN niLd4ur¢J ai liir ialuL al Lliih rLJY1llb dJii. TrdnSJLiii>n LOSI% ir4, inturrL'sJ. £-hb)L4 in liir ialuL dfL rLiiikfiiNLJ in 11ihLr TLxi>gnId kains xmd li)%kS io th¥ IhJi il gJiii fLI-LrK% a lixss prli ii)u%l> rLLii¥Jni.wd in 1,7 Ch ind rwh equlwiknis ('&%h Ji hdiik in hand inLludL'.S ¢1sh JnJ slN)rt-liym highli. liquid iniL¥iminl% lliih J th(In mdluriii. iil'ihTL'L' rnl)nihi iir li%% I'ri)m lh¥ dull (il'ui4uisiiiI)n or I)nIng i)t'ihi diPi)sii or simildf ULXI)uni. CrititAI Mceounting es1imAte5 attd Jud8tents TruML'L afL' re4uirL'd iii iudb¥miiiiN. ¥%iiniaiL.% anJ L'Slimdi4i a>>umwiiins .d cin h1s1cwt¢ eiri.n&. Jnd (iih¥Y I11115 ihui jiin%idLYL'd l%1 k. rLIL.i.I..4CIUI r¥sults mai di17¢r Ir(im ih¢s¢ K%iimL%. "IThL is1imaLL5 and undLYli ing wlUMPi1{ . N'iiilil iin 4th ijnxi)ing kn"i%. RLI'iiicins li) Jiiiiuniin¥ i%limaiii iifi rLYI)&ni' in thE' periixi in %ihi¥h ihl ¥511n1 t> rel.1x iihLfL thk fLIISLOti ailtt(¥ i)iili (hili p¢ri(MJ. (w in Ihl l.1(j i)I' th¥ fL'%'I.Si(In fLnd luiur¢ li. Ihc TLTr'i%ILin alleLiS bthh iurrLni Jnd luiure ri11$. Invtjimtni Yaluatlon 'uluJii(In i)I' ini'LsiminLs ai mdrkLI I'alue. b&ed on ¥Jl4ylJlions bi th¥ iDI¢51rn¥ni lund manobiLr. infv¥.%im¥ni4 oll hlld M'i(hin i¥%1?1n¢¢d furtd5 iihiih hai¢ an ¢&sili ideniiliahli fflark ialue. pag¢ 9
THE WORSHIPFUL COMPANY OF TURNERS CHA]UTABLE TRUST N()I'F.4 Tn'l'Hfr'. F"IN.4NI'I.4L S1.4TTr"MF.'Tli qC()NTIYIIF.t)) FOR THE YEAR ENDED_II MA Y2025 Intomt from donations #nd legaeies l.'thr¢strlrted Ilnrt5trtcted 2024 i(xJ.( LiK¥rym¢ lilli Aid rLYn%'erahlL' R.41)% 51.6ig IR¢omt from ehArit#ble Actil'itios I'strICIt funds [InreJirltltd fundA 2U24 Incomt from ¢hMrli#bl¢ til%lilJ 7611 'rurninki ('i)mpLiiiion 1 Intome from InvestmtTrts Ilnnstrlcttd Unrn$irlritd funds 21124 ge 10
THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST .NO'I'fr'.% I'() I-H fr.. Tr I N.4N(-1.41. 4iT.4'1'b' M Tr'NI'• {C'()Nl'l 111 F.l)I FOR THE YEAR ENDED 3] MA Y 2025 E¥pendRiurt on ¢harlfible rth.Itles ..Iwards Donthilonj Tht C-iti I.1¥111,5 L'ompJn> hLri1ls' and RL'Liird¥ls Fund -l-hL L'hilJTL'n'g Ilaeiial Tayi Twr 175 ('iii LlniiLY5tti ol Londiin tkn'i Fund I'ii% iil-l.(Indi)n FrL'L'm¥n's Pri¥.< pirii (Il. 351) 175 175 JIJU 9.4(Ml 4.1?25 The Lord Nl•yor'$ C'haritv .1 hi I,i)rd Nlaii>r'% %¥hularship Fund ?.IMIU Sub Iv14hl The Ilasitr's C'harit). %1 Ji)hn i)I'.Ikn2%:Il¥m I..! Flospij SIMI JIK) S(K) la¥ C'ar¥1 TnJ%i IrLliiarq'l-nJ%i 1$1 411rrL* I4(Midiiimtn. Sub iotsl I.5) .l¥thor15ed btr the AlmoA¢r HLnLI'iilLnLL' wJ%-m¢ni4 rmert %en'ite% IM4 %uli¥n 45n RI-.MI- Hlsli miourn'r PrizL RIlTr EIL'nei'i)ILni Fund I.IKMI IINRMC. C.'hArtii Commission- other donations Ilrid&¢ Il'aiih. .-n%1{>n-j rus1 C'ILrg!' lup)rI.1 Tu_st 2(Kl Sub ioldl rAge 11
THE WORSHIPFUL COMPANY OFTURNERS CHARITABLE TRUST NOI'F'41 1.() 'I'H b. fr IN.4NC'I.41. ¥11-_41'b"Mfr.N'l'S (C'()N'l'l N i lfr"l) FOR THE YEAR ENDED 31 MA Y2025 Eypendiiun on chirfigble activ1eS ICoTttbllUtdl I vxfi IliiU¥Lffs Hltll pri/¢ imiin I li)Pi aLLES5ibl¥ laihL lor Il'nrkbridg¥ A¥minMer. l.aihi Ii)r VuLins Park.4ns Q¢nir¢ (-Ilikpii..lrts lur Il'urkshcTrp mi118<r I'.duiaLiun SLLnJJrnl 3.7114 ?.4.17 2.090 C'raft Awards And related txptttdllut 95U Yiiuih'fraining H(MJniin & l)i4irii¢ Il'IM)d(umLrs l()r Disablthl I'(buih Illaik.hiirsL W'iirk%hLIP 14uilding C-ralls C'i)Il¢¥¢ Prii I.K 5.(MlO Lrall LDmmiiiL¥ l.'%tKnK I l&li'¥ C'i)mmiiLiL I'.%PinYs C'IKk'pii.,ITL% Il'lxmi I lub l.mir¥iinb-I'urnLrs Vl'.% ['.%Lhi)IhLp L'ciun(r¥'%ia) % Ri%Mi l-.am? 2.36 1.5(K) 3..S31 7.filh 2.lllx 4.IKNI 2.(174 7?1 l-limrlI¢1n l.'XPLrts¢s 9.7j.I Sub iot*l 29.(125 42.111 2021 F.IPLnxL'S 5.5.11S 'Iviul A¥Mrds &. DunallUIIS 5&1Ai bU.IJ37 e 12
THE WORSHIPFUL COMPANY OFTURNERS CHARITABLE TRUST N()'I'b'4i I'l>"I'H Tr.. fr'l N.4NI'I.41. I11'.4'1'&'M b'NI'• (('{).Nl'l N I Ib'l)I FOR THE YE4R ENDED 31 MA Y 2025 Eyptnditure on charitable acti%ities Icontinucdl (Jrgnt fund5ng of ufaiiiviiits 2024 Dlrt¢t ¢o%ts i8.fv15 M).l)37 hre of siipport o01'trnin¢e eost5 Iset Trofe 71 ?7. j411 4.7411 Tofil ¢xp¢ttdliyry on Charlt#ble.l¢ilvltles 97.4151) 93.??5 Analvsls bv fund 41.3.?15 ,iupport ¢018 allo¢itd io ititvl¢i C•rni fundlng of cth,Iile5 Tot•1 2024 IILI(IkkLLping %Lrn ICLS MisLil[anLus LNPLrtk's Pri)IL%siunal aiik ILL5 v.x.iy 4•7 4.7411 -iy..11 I 2024 Governante costs cowprT5t- 4.7411 1.98Q 4.740 Trustees i)nL' ol. thL'"frusices 11)T ari!. persons ionnL'Ld li ith ihem) reLeii'e41 reMnerlon or bL'nLtits trom t. ITUSI
THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST -NO'I'+'% 1.0 1'H+' fr"IN.4NC'I.4L SI-.4TF.NITr"NTi (C-OIYTINIIF_I)) FOR THE YEAR EI¥'DED 31 MA Y2025 G#lns #nd lo&sts on Ini'estments Ilnrn5trirted Ilnrtsirltted nds nd 3024 R¢vdludiion iil-ini¢simenis ?9.318 ?4 j5.?2() !9.5( iu "I'hL Lharit) is ixL'mpi I i&l1(1n IMI lis aL1ii'ilikS 1ca' all ils in¢(Mn4 is appli¥d liir ihurithl¢ pun)11%4'S. Flyed le¢ In%tsimtrt¢s Llsttd Cgih htld for Totgl C'v5t ur Ylll.Yi4 6Y.(MM) M4>I1m¥nl in Liish h¢ld 15361 211.31 X 11111.4ry71 29.318 CArrwlD8 *mouni 917.N14 495 918._3119 AL_I l Mai ?11?4 l)clJlvi 202.5 2D24 Amount5 falling due Triihin vtaT- ()thLr dLbti>rs PrLpa>millis aiirued iniome 104.61x1 443 4.¥15 1.6¥4 fy.4W
THE WORSHIPFULCOMPANY OFTURNERS CHAIUTABLE TRUST NOI'+'.s I-O THfr. FIN.4NC'I.4L.%'1'.4'1'fr"MTr-Ni-44 {C.()NI-11[Tr.IlI FOR THE YEAR ENDED 31 MA Y2025 13 Creditors: amouThis falling dut libln onc )'ear 2024 Ilini>Ulll% iiii<ffjJ lii lh¢ Wiir%hiyiul C'ixnpdni ufTum¢E5 ALLruJls and JLlerrL'd inLI)mL 7.U y,¥4¥ 16.848 14 RtStrl¢l funds Ihi IlTriqiiil' I kinJ ho% L'fLalLd iii JllilL-JIL liind¢ng li1.ra5 ih¢ ¢¢14 ill. Irainin¥ JnJ ¢quiiirn¢ni liir ihL ('htsriLI' Ai l June 2024 At 31 Mai. 202 18ru%ivll'l-und 4.XYII Al l 2O2J.41 J I 21124 Rri)s1É)Il'kun 4.KYII 4.¥YX I'nrnjlrirted fundx Thi uiir¢%tri¥l¥d lui?d% iil'ihi LhdfLli the urtL.1Ij halJnLL¥ iil'¢Jcbndiiibns Jiid ¥rJni% iihiLh niii ¥uhjLLI 115 .%Li 4L%idL Iiui i)I'unrL%[fiLIL b) diL liws1¢ Ivr yxifii purw.%L. .41 l Junt 2024 Incomlnt reJourr¢i Resourcts exptnded Transfers CJ•lth$ and 4t 31 %f*v 202.$ lossts HuNiTr F'lind C'{Trmljl1ljD Fund YLnmun F'und YLM)mLn C'iimpililiL?n fund 6.77Y 58.2 12.7741 57.47Y 17211 F'und Ini IXX.X14:1 %4Ppl 1?47? 18i.103 197.9561 79.566 rAg¢ li
THE WORSHIPFUL COMPANY OFTURNERS CHARITABLE TRUST N()I'F.S T'O THF. FIN.4NCI.41_ &41'.41'b"MTr-.Nl'% (("C)NTifllTr'l)I FOR THE YEAR E.DED 31 MA Y2025 [Inrestri¢ted funds Ptti'lous vt•r: .It l Junt •0•3 In¢omiTrg rtsourtr Re1oU Traniftrs and.lt 31 •{124 -72) 16.25 6.1 14.72.1 L.xhibtiiiin Fun ('iimpLLilivn I'und ILX)mJn l.uiid (ILncrnl tunds .iIMI 7hg.4X? (I? IKKII 870.080 Iy.1.251 55.?2(1 YI 2.472 I"hi IlurlTh c.iynrlI[I0Tr l.und LLIMrKtS4 iath lunds alIcK I the hienniJi 'lum¥¥ L'(Imp4Lni' s L'Iyiip¥lilii)n. .1 h¥ I'.shibiiii)n l.und h¢en LrulLYi liTr prt)%'i41¢ lunds ilrds Ihe LI) of th¥ ¥xhibiiioh vf iurnin¥ 14hiLh iJk'L'S pl4¥ I'hL'-I'ws14Jrtnoi miiK'& proi'i.41(In5 lor ihc.v ¥%"Iliial iifMI u.5 IhL mLxhJnism cil'¢J¢5ibDaiinby funJ5. 'I'hi Y¢i)rndn F'und lid% hL'¢n Lr¢4iied ii? id¢ funds 10 lUp)N lh¢ Yi%imiin %ihimL. dL5i¥n¢J 10 h¥lp IhL .1 UMLT C i)rnpIn) l¥iimin huild Ihlir iiiN skills Ihn)u8h a IlnTrlissjiJrtul Ik'i Llvpmcni lkn>giramm4. "I"h¢ Y¥1)M C'(Impetiliiin l.und io suwxv¢ ihL' juli -1)It Il'¥ximwis'l (.0mrli1I(lTr lor 111 liar%. li lunJ¢d h) il ¥LnLftw.4 gill InKn I.1eMan J4n'm! C iTrllLr li i%h thJL '¢hi lIr¥hip11 C'iinipJn! L'%Lahli%h Lh¢ Jiihn ( iilii¢rA lunil ihe edu¥alli ol')4>unb PLupIL in turning 'noiine¢riii¥" lh¢ C'(ImpJiii' is in th¥ prIX¥ ol"1s¢ubli5hin¥ th¥ tund. 16 Analvsls of net isstis benTr¢en fud5 1'n$trI(1ed Rtjtrirted funds 20L Tot#1 2(1?.S At JI 1114y 2024: 916..I( 110.87h C-urrL'ni &*1%1111th1l1i1¢s} 4.114M 4.898 Fw16
THE WORSHIPFUL COMPANY OFTURNERS CHARITABLE TRUST N()I'fr".¥ I'n THF. FIN.4NC'I.41, 4•T.ATF.MF.N'Ts (C"ONTINIIF.D FOR THE YE4R EIDED 31 MA Y2025 16 Analv51s of net isstt5 lye.cen funds I'TrTe5trlttd Rtstrieted fUTb 2U24 TotThl 2VZ4 2V24 At JI 2024.. 910.L)44 IIV.l)j4 .41() C-urr¥nl &%%¢wiliabiliii¢5) 4lry.477 4.¥¥8 17 RelAted pxrtTr trns¢ilon$ I'h¥ 'lru.41 15 LhargLd %y)pri)pridlL WlItM¥rtion ill. al sharn'd CChL% hi Lh¥ illnhiplul C'ctympdnl ill. luriiLr%. l)urinb Ihi IhL rLihiY¥'¢d ¥ipsLI iiifi tth.y6 IU•4.. £.i.5¥YI. "I"hL I rulLL% uri m¥ml)ir% 1>1. IhL' C'iiurt 1>1. IhL 'iY4hiplul L'i)mpJni ol. IurnLrs. Ai IhL b(ilanLL thtt'i daiL. IhL "Irusi iiiiiJ ihc (-i)mpdni £7.> i?0?4.. tO.6131. l)ui'lllbb %¥*ir. li'us1¥¥¥ iiidJi Jvjidki1¥ UlhL.r alibdi) n)'kil liJilIbIlIl% li) Ill r¥uil. 18 Conirolline Pgrlv rrJg¢ 17