Charitv rryistration number 267J72 (Englind #hd W¥lt$l THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST AN￿lIAL REPORT AND li￿A￿DITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 THE WORSHIPFUL COMPANY OF TURNERS CHARITABLE TRUST LLCy.4L.4.ND AD.MINIS1"R.41'1VE IN'F'ORM.41'10N 'lTru$lees T C" (p 5iotl. C'hair C'ol..1 J l-.i%¢ns Is J Riihard%Trn 4r Il. F ViirTj (ap￿in1¢d ?11 NIJI ?11?51 Itrk Mr K Mdinau8hkn)n C.hArlN number IF'n¥l*nd *n411l'glts) ?6737? Rtilsttrtri.4 Ldu¥Jiiiiniil ¥%iablithrni'ryis and ihuriiies inLludinbi IhosL' LaiL'fin8 li)r sK()pli 11-iih nLLd%. hi. pri)iiJing luihi% i •X in numk.rl Lyuipm¥'lli. la1￿.$ supfA)fi¥d tn 19 in.41iiuiii)ns. ThL 'frusi h£LS dL'I.LIc?￿Ij u [h￿lf ikill% ai ('i)Ikpil ,Ins. d busin￿￿* iniubJii)r in %iwih l.iinJkin li)r ¥rJl(% r￿lip1.. l-hi IT￿￿1 % J￿r￿lMlnT li) lund Ihrii -%Lliiilar%hip.% IllLf Six b% i￿. Vu¥xn l..li/JbL'ih %ihc)Idrship I nLs1 IV1..￿1 I Ivr yspinn¥ ium¥r%. iiiniinuLd in 211?4,.'5 A ILi¢41111'1 l i.IXXI ha5 iiimmiiiLd thL SIX )¥ars. 'IThL 'lru.s1 al%u Loniinuid 11> JEI'L'li)p th¥ y¥0m￿ ￿￿.Me. &vm& 43 aLlii'L mLmbLrk undLr i%hiLh p￿.%.li)u¥ 14uThiir% li iiinLI'%. ('i)Lkpii.lrt Khii141r4 Vl-'%'l' %ihiilJrs iJn beLome #l'YLx)rnars' in IhL, Mijrshiplul ('i>nipdni (?f l umLYs. 'fhr(iugili thi4. Il?i> jl)in J pri)IL%%iiiiial ￿¢￿￿(11pmEn1 pn%kirJmmL t4) huil(t Lh¥ LÉfft' sk'ills nL*.dLd li) ￿￿￿<1<1p ihLIT Larlxrq and busiiiL'%4i'%. In 2n?4,.1. Ihl Tru4iIiLiL'% b. R¢ser*es policy 'I'hL I ru%lL¥4 kXtK*l li) di%Lribui¥ un Jmiwni 4wpr0lim￿l1i ID IhL inLiimc iaLh io man(Igi ini'esimiYll% 11) pr(i1'i￿. i hdlanLL' I)¥lllLLn capiidl 4pprn*I￿IuTh in&om¢. [1￿￿.¢5 hLIJ iin_I I ,Mai' 2V2i consid¥NyI Jd¥4uie Iv &uppmpL￿N iil'"fum¢r5 ddm¢nisi¢r lh¥ frust. and ihkir Ll)SIS ihar¥￿￿ li) th¥ Ir￿%1 b% r4'lifinLL lil iimL P¥nt. 'l-hL rL'suII i)l-IhL Iru%l'S a¢tll IllL% durin¥ Ihc liar l¢d iii ￿ inLr¢u*' in IhL'-fm%i'_s lunds 14? t1.1134.O83 120*4.. £yI 7.37UI. rLIILiiin% IhL di51rTrbuiion ill- l¥nd% and the ￿h￿￿l in IIK. i Jlu¢ i)I'ini'¥sim¢nis in lh¢ i¥"Jr. d. Miterl¥*l Init4lmtni% pthllrv Invi%iniLni pi)Il'¥r% drl ILI oui sn Ihe Trust Deed iihiLh pcnnii thi TrusiL*'% li) purihiL%L Jnd di%p(1sC i)l-ini L%ini¥nt4 IhL%" Ihink lil anJ lil dLILbdiL di.s¥rLiiiinarn' POll¥rs 14hL'n th¥￿. ji)nsi41¥Y 11 aAYopriai¢. 'Thi .1 rusi¢is ini'L.Ki 10 aLIiiLt-L a balaiiiid rLpium bL1tii'¢¢￿ inii)m¢ ￿{j ¥apiul. "lthc p¢rt(￿ancc ol'ihc ini'i.qm¢ni ￿?n1011￿) ken ￿lisrael0r¥ tn ?(1?41 Sirurtun. govtrnante m4nA%emtiil 'IknL' m￿a￿¥M￿nI of lh¥ ihuriii 1% th¥ rLswnsibilili of thL' TnLSILxs x'r%¢ h) i'inue ol. thLir s¢niiTrT W)si¢ion in Ihi Ui)rshipltil C()mpth! ol- lurnirs.'I hL"l Ns(eL% ¥¢ 5hoiiM pagl I. b. Org#ttlsitlonAS strne￿re and dcehlon-m#kltyg polltl¢s I'IIL .1 ru%¢ 1% J rL&iisieTd kh￿11) INo.?6737?I consiiiuicd b)" a tkcd ol. Truq dJi¢d l MJrLh 11174. Th¢ T￿%(¢¢.4 dL'IL¥ate rn15Lh <>l' IhL' admini%trJiiun nl. IhL Tru¥1 lu a L-hariii. C'iTrmmiiiLe. tstmjer a diKumLfbE Ihai fiirms p4rt 1)I' Ihe L-i)nipani Mthual <11. Ihl, Rlsk n)HDagemtni "IhL I ru%i%111{￿n i)t-rh¥ ihJrii%- IA L()Mpl$￿il wilh IhL' C"htsrili¥s Ail 2(11 l. Ihi C-hJrii IALLt>Ulil% dnd RL'piifL%l RL&itsI(1lii￿5 ?IMIN dnd IIK. t￿0¥1￿1￿$ ol-Ih4' TWM ThL!' ulso ￿,%￿)nSibIL liir salLb?udrdinb lh¥ 'I'hL Iru%l¢Ls' riPI)rt approi'¥d h> ihL' 141?iird iil"fru¥iix%. Mr C %¢ott 20*6 18¢) 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 h￿lIabIL frusi IthL Inisii lor Ih¥ ind¢d 3 l *{lJ? . RL'SPUiI.%ilplllllr5 bM*L5 tsf repurt 114 IhL Iru.%lLL.% i)I" Ihi Iru51 IL)u are rLS{￿s1bl¢ ti)r i￿. prl'wrthion i)I' thL' linanLial s￿leMen15 in acci)rd￿LL Miih Ihl rL4uifimini$ iil'thi L'htsriii¥* All 2111 I I'eix)ri Lll N'lpeil iil-ni) eidminarion ofihL In￿l'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'Ll*lI?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¢rSi￿7￿ Iha ihi% hds ts¢ti di)rt4 in iwder liir the finJnLiJI 51dlemL￿lS IiTr pfLii'idL J I h-il'i. LiiinrlL*l¥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'h*i¢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 lh￿7 ¥¥'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 pDir￿r 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 Toi*l 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 Th￿t￿tIll 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¥1￿￿di1￿TC 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 I￿24 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: f*llln% 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. Lipp￿lIed 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 Ch￿ritI. iTtformiiio IhL' Wiirshipiul ( IMnrh¥n% nl lurnLrR i hariiahli INJsi is a ("haniN rLEI4ILYcd in l.noland & l¥JlL*. lh¥ I'hiirii%" bYj4lifi+J addrL'55 is 541dlLf5' Hous¥. 44 { jllllkr l.im¢. l.undun. l.'L?K' 611K. 1.1 BA5j5 ofprnparation I'hL liiidllLial %LdiemenL4 hai'e he¢n pri￿re￿ in dLL(YdanLY Ii'iih Ihe Irusi's goi'eming dniwmLni. IhL. C'huriiiLlq.ILI 2n1 l. I hL l indniiJl VILPi)rtin¥ %ianaiird i¥ppliiiibl¢ in ihc I'K Jnd RLpublii u1- IrLlilliLI" #nd ihi C"hariiiL'% S1)EiI? 'ALLI)uniing dnd RLP(ining bi L'hariilL￿.. Sthi¢XnLni thl- RLxi)nimLnd¥d I'rJ¥liLi iV)pliithli 11) lh￿ill¥s Pr¥'p￿ing Ihkir ILLiiunts In ￿Li1rdJnLe Wilh lh¢ fin￿￿1￿ Rew)rting S￿￿1Jr1j appliithll in IhL I.'K Jnd R¥puhliL ill. Irlland 11.K% 11121 I liL' Iru%t tJk&rt th11"￿IdS¢ i)fthe tro%isiMs in lh¥ SORP r(Ir 4thiiriiiL$ n(* WLPWY a Sldl&m¥ml 11l.iash ftoM'%. I'hL linunLial %UlLmL'nis ￿ve trvm the C-hariiiL% I.1¢¢wn￿ R1. RLiiiminLndLJ l>i'J¥llll tiif LhuriiiLS dppli I'R% ID• nkihLY Ihdn rh¢ i¥rsiun u1.1￿. %ui¢niini ul. R¢L&KlltnLnJiJ I rJilii¥ i141iLli 1% rilirrLd 111 In Ihi RLbiuldiions bui ii-hiih has sin¢¢ iiiihdrniim. I hi, linnnc'iAI 4TaiLm4ml4 Pr¢p￿r￿￿ In MCTlins. which 14 Ihe Illn￿1(￿￿1 iiirr¥nii iil'ihi Inisl. Mi)nilQn am(iiini8 in 1hL￿. lin￿￿1￿1 sia¢¢m¢nis arL' ri)urMLL'd ihL' ftL.￿l £. IhL lind￿1￿1 %liii¢menis hai'e l*en pr¢pJr¥'d thL. his11)ri4al i051 Lx)ni crbiion. "I'b¢ priniipol aLLiiuntins piiliLi¥s 1.2 liolng concern IhL .1 ru%lL'¥% hd%'¢. di Ihi (¢mL ol- arv￿¥1￿¥ thL' finan¥ial 44￿4￿Lni%. a rLaM>nJl)li LI￿￿1all11n thJi lh¥ ('hJrii! hil% ¢h4% iiiTrin" inncLm bJsi% of JL¢ftuniinb in prLrJrin.. ihe fiiiJnriJl 5lJlL'Mkn￿LS. 1.3 C'hHrliAble funds I InrL%ITii¢¢IJ luttds &)'wlthl¢ liir usv dl thL' di51Yeiii)n of¢h¢ fnL*CL* in lurthE'ran¢¢ ()I'ihLir rhJriiablL cibj¥XXii¥s. Tk'sibinulid Illn￿￿ iompri_sL unrtririLlrd funds lh• ha%"¢ i￿. TruAees for particular purrrt)SLS. "fhL dim iJ?d u%L i)l-L¥Lh dLsI¥l￿¢4￿ lurMI 15 SLI Th]1 ￿. noi¥S io IhL finoncial.siai4m¢nis. LhSL'% ol-Ih¢ r¢sIfiL￿.￿ lunds ar¢ x'i Oul in thL' noi¥S io ihi findnkial 51aiLmcnLk 1.4 Ibromt All ini(Imi is fLiognisL'd onL¢ th¥ ¥harit%" eniiil¢m¢ni 10 ihe inLomL. il 1% probalTrlL Ihdl th¥ iALomL iiill k" rL'LCII'LNt Ihi amnuni i)fincomL fLLill'thlL mi7surcd rLliabli. 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 E￿DED 31 MA Y 2025 Atoounilng polStlts IC.ontinuedl 1.1 E¥ptndityre priih-thl¥ ih41 J Lf4Ln%f¥f ill. &LI)ni)mii ￿'n￿l11s iiill ￿. r¥qui￿d 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.1h￿wL￿ 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 rLJY￿1llb dJii. TrdnSJLiii>n LOSI% ir4, inturrL'sJ. £-h￿b)L4 in liir ialuL dfL rLiiikfiiNLJ in 11ihLr TLxi>gnI￿d kains xmd li)%kS io th¥ IhJi il gJiii fLI-LrK% a lixss prli ii)u%l> rLLii¥Jni.wd in 1,7 C￿h 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 Jud8t￿ents TruML'L* afL' re4uirL'd iii iudb¥miiiiN. ¥%iiniaiL.% anJ L'Slimdi4i a>>umwiiins ￿￿.d cin h1s1cwt¢￿ ei￿ri￿.n￿&. Jnd (iih¥Y I￿11115 ihui jiin%idLYL'd l%1 k. rLIL.i.￿I..4CIU￿I r¥sults mai di17¢r Ir(im ih¢s¢ K%iim*L%. "IThL is1imaLL5 and undLYli ing w￿lUMPi1{￿￿ ￿. 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 ￿ri1￿1$. Invtjimtni Yaluatlon 'uluJii(In i)I' ini'LsiminLs ai mdrkLI I'alue. b&*ed on ¥Jl4ylJlions bi th¥ iDI¢51rn¥ni lund manobiLr. infv¥.%im¥ni4 oll hlld M'i(hin i¥%1?￿1n¢￿¢d furtd5 iihiih hai¢ an ¢&sili ideniiliahli fflark￿ ialue. pag¢ 9 THE WORSHIPFUL COMPANY OF TURNERS CHA]UTABLE TRUST N()I'F.4 Tn'l'Hfr'. F"IN.4NI'I.4L S1.4TTr"MF.*'Tli qC()NTIYIIF.t)) FOR THE YEAR ENDED_II MA Y2025 Intomt from donations #nd legaeies l.'thr¢strlrted Ilnrt5trtcted 2024 i(xJ.( LiK¥rym¢ lilli Aid rLYn%'erahlL' R.41)% 51.6ig IR¢omt from ehArit#ble Actil'itios I'￿￿strICIt￿ funds [InreJirltltd fundA 2U24 Incomt from ¢hMrli#bl¢ *til%lil*J 7611 'rurninki ('i)mpLiiiion ￿1￿* Intome from InvestmtTrts Ilnnstrlcttd Unrn$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¥1￿11,5 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..! ￿ Flospi￿j 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 activ1￿eS 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 mi￿118"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 h*re 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 ¢0*18 allo¢*itd io ititvl¢i C•r*ni fundlng of *cth,Iile5 Tot•1 2024 IILI(IkkLLping %Lrn ICLS MisLil[anL￿us 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'L*d li ith ihem) reLeii'e41 reM￿ner￿lon 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"NT*i (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&l￿1(1n IMI lis aL1ii'ilikS 1*ca￿￿' 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-1￿1[Tr.IlI FOR THE YEAR ENDED 31 MA Y2025 13 Creditors: amouThis falling dut *libln onc )'ear 2024 Ilini>Ulll% iiiigiramm4. "I"h¢ Y¥1)M￿ C'(Impetiliiin l.und io suwxv¢ ihL' juli￿ ￿-1)It Il'¥ximwis'l (.0mr￿li1I(lTr lor 111 liar%. li lunJ¢d h) il ¥LnLftw.4 gill InKn I.1￿e￿Man J4n'm! C iTrllLr li i%h thJL '¢hi ￿lI￿r¥hip1￿1 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 fu*d5 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 E￿IDED 31 MA Y2025 16 Analv51s of net isstt5 lye￿.cen funds I'TrTe5trltt*d 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 tr*ns*¢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 t*th.y6* I*U•4.. £.i.5¥YI. "I"hL I ru*lLL% 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 Jvjidki￿1¥ UlhL.r ￿alibdi) n)￿'kil liJi￿lIbIlIl% li) Ill r¥uil. 18 Conirolline Pgrlv rrJg¢ 17