Charity number: 271993
GERALD BENTALL CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

GERALD BENTALL CHARITABLE TRUST
CONTENTS
Page
Reference and Administrative Details of the Charity. its Trustees and Advisers
Trustees. Report
Independent Examlner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7-15

GERALD BENTALL CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED S APRIL 2024
Trustees
A J D Anstee, Chairman
E C Anstee
C L Thorp
C E Jackson
Charity registered
number
271993
Principal office
24 Slroudes Close
Wor¢esler Park
Surrey
KT4 7RB
Independent examiner
lan Saunderson FCA
BKL Audit LLP
35 Ballards Lane
London
N3 1XW
Bankers
Metrobank
One Soulhamplon Row
London
WC18 SHA
Solicitors
Withers
16 Old Bailey
London
EC4M 7EG
Investment Manager
Chades Stanley & Co. Limited
55 Bishopsgale
London
EC2N 3AS
Page 1

GERALD BENTALL CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED S APRIL 2024
The Trustees present their annual report together with the financial statements of the charity for the 6 April 2023
lo S April 2024.
Objectives and activities
a. Polieies and objectives
The objectives of the charity a per ils governing document are..
The Trustees shall hold the trust fund and the income thereof in trust lo apply the same both as to capital and
income for the charitable purposes of such charitable bodies organisalion and institutions or such other
charitable purposes or objects in such proportions and manners as the Trustees shall in their absolute discretion
from time to time think fil.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit." running 8
charity IPB21'.
b. Activities undertaken to achieve objectives
During the year the charity made 10812023 - 1091 grants totalling £56,00012023 £56,SOOI to a range of UK
charities. The Trustees have made grants supporting, Educational, Environment81, Health, Religious and Social
Welfare organisations. Donations ranged from £500 10 £1,50012023 - £250 to £1,500), with the most frequent
amount of grant awarded being £500 12023 - £5001.
c. Main activities undertaken to further the charity's purposes for the public benefit
The charity undertakes lo give gmnls to worthy eharilies in order to further the charity's purposes for public
benefit.
Achievements and performance
a. Main achievements of the charity
During the year, the charity donated £56,00012023.' £56,500) lo other charities as decided by the Trustees.
Financial review
a. Going concem
After making appropriate enquiries, the Trustees have a reasonable expec18tion that the charity has adequate
resources to eontinue in operational existence for the foreseeable futu￿. For this reason, they continue lo adopt
the going eoncern basis in preparing thè financial stalemenls. Further details regarding the adoption of the going
COn￿M basis Can be found in the accounting policies.
b. ReseNes policy
The Trustees have a reserves Fiolicy whereby e8sh is kept at a level which will enable three months of
operational costs to be met. Reserves in the form of investments are to be kept to a level which will allow the
charity to genefftte income for the grant making program, whilst preserving sufficient Capital to enable grant
making in futu￿ periods.
c. Financial perfomiance
Investments generated income during the year of £81,613 12023 £72,105). Expenditure for the year was
£85,522 12023." £79,503) consisting of £12,518 12023". £12,873> of expenditure on raising funds and £73,044
12023". £66,630) on ch8ri18ble activities.
The gain on ￿valuatIon for the year was £14,49512023 - 8 loss of £141,691).
Page 2

GERALD BENTALL CHARITABLE TRUST
TRUSTEES. REPORT {CONTINUED}
FOR THE YEAR ENDED S APRIL 2024
Structure, govemance and management
Constitution
The charity was fomed under an irrevoeable trust for charitable purposes on 31 May 1974.
b. Methods of appointment or election of Trustees
New Trustees are appointed by selction by the current Trustees of the charity by 8 simple majority vote. New
Trustees are selected to add their expertise or knowledge to the board of Trustees.
c. Oryanisational structure and decision-making policies
The Trust is a registered charity, number 271993, and is constituted under 8 trust deed dated 31 May 1974. The
trust is managed entirely by the Trustees, there being no employees. Decisions are taken by a majority of
Trustees including the power of appointment of new Trustees.
statement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustees, Report and the financi81 statements in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Ac￿pIed Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial which give a true and fair view of the slate of affairs of the charity and of ils incoming resources
and application of resources, including its income and expenditure, for that period. In preparing these financial
statements, the Trustees are required to".
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021",
make judgments and accounting estimates that are reasonable and prudent",
stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material
departures disclosed and explained in the financial stalemenls.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charity's transactions and disclose with reasonable accuracy al any lime the financial position of the charity
and enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the charity and hen￿ for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
A4tho4y 44st8e
A J D Anstee
Chairman
Dale".
2910112025
Page 3

GERALD BENTALL CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 5 APRIL 2024
Independent Examiner's Report to the Trustees of Gerald Bentall Charitable Trust Ilhe charity'l
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 5 April 2024.
Responsibilities and Basis of Report
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'lhe 2011 ACVI.
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commission under
section 14515llbl of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect".
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act", or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements con￿mIng the form and content of
accounts set out in the Charities (Accounts and Reports) Regu18tions 2008 other than any requirement
that the accounts give a 'true and f81¢ view which is not a matter considered as p8rt of an independent
examination.
I have no concerns and have come across no other mallers in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stale lo the charity's
Trustees those mallers l am required lo slate to them in an Independent Examiner's Report and for no other
purpose. To the fullest exlenl permitted by law, I do not a¢￿p1 or assume responsibility lo anyone other than the
charity and the charity's Trustees as a body, for my work or for this report.
Signed..
Dated.. 2910112025
lan Saunderson FCA
BKL Audit LLP
35 Ballardss Lane
London
N3 1XW
Page 4

GERALD BENTALL CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2024
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Investments
61.613
61.613
72,105
Totsl Income
61,613
61,613
72,105
Expendlture on:
Raising funds
Charitable activities
12,518
73.004
12,518
73.004
12,873
66,630
Total expendlture
85,522
85,522
79,503
Net expenditure before net gainsl{losses) on
investments
Nel gainslllossesl on investments
123.9091
14,495
123.9091
14,495
(7,398)
(141,691)
Net movement in funds
19,4141
19,4141
(149.089)
Reconciliation of funds..
Total funds brought forward
Nel movement in funds
1.824.392
19.4141
1.824.392
19.4141
7,973,481
(149,089)
Total funds carried forward
1,814,978
1,814,978
7,824,392
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 7 10 15 form part of these financial slalemenls.
Page 5

GERALD BENTALL CHARITABLE TRUST
BALANCE SHEET
AS AT 5 APRIL 2024
2024
2023
Note
Flxed assets
Investments
1,780.951
1,780,029
1.780,951
1, 780,029
Current assets
Debtors
10
340
Cash al bank and in hand
36.927
49,843
37,267
50,183
Creditors.. amounts falling due within one
year
13,240)
(5,820)
Net current assets
34,027
44,363
Total assets less current Ilabllltles
1,814,978
1,824,392
Total net assets
1,814,978
1,824,392
Charity funds
Unrestricted funds
12
1,814,978
1,824,392
Total funds
1,814,978
7.824,392
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
A J D Anstee
Chairman
Dale..
2910112025
The notes on pages 7 10 15 form part of these financial slatemenls.
Page 6

GERALD BENTALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
1.1 Basis of preparation of financial ststements
The financial statements have been prepared in accordance with the Statement of Recommended
Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in
October 2019 and Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland IFRS 1021 and Charities Act 2011.
Gerald Benlall Charitable Trust conslitules a public benefit entity as defined by FRS 102.
1.2 Going concern
The charity has minimal fixed costs, with the main source of expenditure being grants made to
institutions, which can be made at the discretion of the Trustees. Furthermore, the Charity had
significant nel assets at the year end. including a healthy cash balance. The Trustees therefore
consider that based on the circumstances existing al the dale of signature of the accounts, the
operations of the charity are not likely lo be affected in a material manner by the current Coronavirus
outbreak. The accounts have therefore been prepared on a going concern basis.
1.3 Income
All income is recognised On￿ the charity has entitlement to the income, il is probable that the
income will be received and the amount of income receivable can be measured reliably.
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably.
Expenditure on raising funds includes all expenditure incurred by the charity to raise funds for ils
charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on direclly undertaking the activities which further the
charity's obieclives, as well as any associated support costs.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably.
Support costs are those costs incurred directly in SUPFX)rt of expenditure on the objects of the charity-
Grants payable are charged in the year when the offer is made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a
commitment, bul not accrLJed as expenditure
All expenditure is inclusive of irrecoverable VAT.
Page 7

GERALD BENTALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies Icontinuedl
1.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity., this is normally upon notification of the interest paid or payable by the institution
with whom the funds are deposited.
1.6 Investments
Fixed asset investments are a form of financial instrument and are initially recognised al their
transaction cost and subsequently measured al fair value at the Balance Sheet dale, unless the value
cannot be measured reliably in which case it is measured al cost less impairment. Investment gains
and losses, whether realised or unrealised, are combined and presented as 'Gainsl{Lossesl on
inveslmenls, in the Slalement of Financial Activities.
1.7 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
1.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
1.9 Liabilities
Liabilities are recognised when there is an obligation at the Balan￿ Sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in selllemenl, and the amount
of the selllement can be eslimaled reliably.
Liabilities are recognised al the amount that the charity anlicipales it will pay lo settle the debt or the
amount il has re￿iVed as advanced payments for the goods or services it musl provide.
1.10 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured al their selllemenl value with the ex￿ptIOn of bank loans which are subsequently
measured al amortised cost using the effective interest method.
1.11 Fund accounting
General funds are unreslricled funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
The charity does not have any reslricled funds.
Page 8

GERALD BENTALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Investment income
Unrestricted
funds
2024
Total
funds
2024
Dividend Income
Interest Income
61,528
85
61,528
85
61,613
61,613
Unrestricted
funds
2023
Tot81
funds
2023
Dividend Income
71,655
450
71.655
450
Interest Income
72,105
72,105
Investment management costs
Unrestricted
funds
2024
Total
funds
2024
Investment management fees
Custody fees
12,325
193
12,325
193
12,518
12,518
Page 9

GERALD BENTALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Investment management costs {continued}
Unrestricted
funds
2023
Total
funds
2023
Investment management fees
Custody fees
12,666
207
12,666
207
12,873
12,873
Anatysls of grants
Grants to
Instltutions
2024
Total
funds
2024
Supporting good causes
56,000
56,000
Grants to
Institutions
2023
Total
funds
2023
Supporting good eauses
56,500
56,500
The charity has made the following material grants to institutions during the year..
2024
2023
Name of Instltutlon
Old Bentallians Association
steadfast Sea Cadets
Totsl of all grants under £1,000
1.500
1.500
53,000
1,500
1,500
53,500
56,000
56,500
Page 10

GERALD BENTALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Analysis of charitable expenditure
2024
2023
Educational
Environmental
Health
Religious
Social & welfare
2.000
1,500
28,000
2.000
22.500
2,000
1,500
33,000
2.000
18,000
56,000
56,500
Anatysis of expenditure by activities
Grant
funding of
activities
2024
Support
costs
2024
Total
funds
2024
Supporting good causes
56,000
17,004
73,004
Grant
funding ol
activities
Support
costs
2023
Total
funds
2023
2023
Supporting good causes
56,500
10, 130
66,630
Page11

GERALD BENTALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Analysis of expenditure by activities Icontinuedl
Analysis of support costs
Supporting
good
causes
2024
Total
funds
2024
Secretsrial fees
Accountancy fee
Independent Examiners fees
13,764
1,620
1,620
13,764
1,620
1.620
17,004
17,004
Supporting
good causes
2023
Total
funds
2023
Secrelerial fees
Accounting fees
Independent Examiners fees
4,370
4,200
1,620
4,310
4,200
1,620
10, 130
70,730
Independent Examlnatlon fee
The Independent Examiner's remuneration amounts to an Independent Examination fee of £1,62012023-
£1,620) and other accountancy fees of £1,62012023 - £4,200).
Staff costs
There were no employees during the current or prior year.
Trustees. remuneratlon and expenses
During the year, no Trustees re￿iVed any remuneration or other benefits {2023- £NIL).
Page 12

GERALD BENTALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Fixed asset investments
Listed
investments
Cost or valuatlon
At 6 April 2023
Additions
Disposals
Revaluations
1,780,029
112,845
{126.4181
14,495
At 5 April 2024
1,780,951
Net book value
At 5 April 2024
1,780,951
At 5 April 2023
1, 780.029
Investments at market value comprise:
2024
2023
UK Equity
International Equity
Propety
1,223.167
481,380
76,404
1,212,573
479,414
88,042
1.780.951
1, 780,029
10. Debtors
2024
2023
Due within one year
Amounts owed by HMRC
340
340
Page 13

GERALD BENTALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
11. Creditors: Amounts falling due within one year
2024
2023
Accruals and deferred income
5,820
12. Statement of funds
statement of funds - current year
Balance at 6
April 2023
Gainsl Balance at S
(Losses) April 2024
Income Expenditure
Unrestricted funds
General Funds - all funds
1,824,392
61.613
185.5221
14.495
1.814,978
ststement of funds - prior year
Balan￿ at
6 Apnl 2022
Gains/
Balan￿ at
(Losses) 5 Apnl 2023
Income Expendilure
Unrestrlcted funds
General Funds - all funds
1,973,481
72,105
(79,503)
(141,691)
1,824,392
Page 14

GERALD BENTALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
13.
Analysis of net assets between funds
Analysis of net assets between funds - current period
Unrestricted
funds
2024
Total
funds
2024
Fixed asset investments
1,780,951
37,267
13,2401
1.780,951
37,267
13,2401
Current assets
Creditors due within one year
Total
1,814,978
1.814,978
Anatysls of net assets between funds - prlor perlod
Unrestricted
funds
2023
Total
funds
2023
Fixed asset investments
Current assets
Creditors due within one year
1, 780,029
50,183
(5,820)
1, 780,029
50,783
{5,820)
Total
1,824,392
1,824,392
14.
Related party transactions
There were no related paty transactions during the current or prior year.
Page 15