Registered Charity No. 272522 THE BURGES SALMON CHARITABLE TRUST Annual Report and Financial Slatements For Ihe year ended 31 October 2024
THE BURGES SALMON CHARITABLE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS For Ihe year ended 31 October 2024 Contents Page(s) Trustees and officers Trusle8s' report Independent auditorfs report Statement of financial activities Balance sheet 10 Notes lo the financial statements
THE BURGES SALMON CHARITABLE TRUST TRUSTEES AND OFFICERS TRUSTEES J G Houlden TRMHewitt A M Honeywill C L Usher-clark CEdeMaid MJ R Donald - appointed 281h January 2025 R Campbell - appointed 28th January 2025 R A Forman - resigned 25 January 2024 N C Watson - appointed 25 January 2024, resigned 28 January 2025 M R C Shepherd- resigned 26 February 2025 BANKERS Bank ol Scotland PO Box No 208 21 Prince Sireel Bristol BS99 7JG SOUCITORS Burges Salmon LLP One Glass Wharf Bristol BS2 OZX INDEPENDENT AUDITOR PKF Francis Clark 90 Victoria Street Redcliffe Brislol BS1 6DP REGISTERED OFFICE Burges Salmon LLP 1 Glass Wharf Bristol BS2 OZX
THE BURGES SALMON CHARITABLE TRUST TRUSTEES. REPORT The Trustees ol The Burges Salmon Charitable Trust (The 'Charily', Trusl'l present their annual report and the audited financial slalemenls lor the year ended 31 October 2024. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Sialemenl ol Recommended Practice applicable lo charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (effective 1 January 2019 - (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. The information with respect lo the registered address. Trustees, officers and advisers sel out on page 1 forms part ol this report. Structure, governan¢e and management Governing Document The Burges Salmon Charitable Trust is a registered Charity in England and Wales with charity number 272522. It was constituted by a TrLJsI Deed dated 28 October 1976. The objectives ol the charity are to make charitable donations to various registered charities. as agreed by the Trustees with priority given to the Bristol and Edinburgh areas. Key management remuneration The charity has no employees and none ol the TrLJStees received any remuneration or reimbursed expenses during the year12023.' £nill- The administrative costs of the Charity are borne by Burges Salmon LLP including the 2024 audit fee of £3,00012023'. £3,000). Appointment of Trustees The Truslees on the date ol approval of the annual report and financial slatemenls, and who have served Ihroughout the year and since the year-end, unless otherwise staled, are listed on page 1 01 the financial statements. New Trustees are appointed by the current Trustees and serve for an indelinile period. New Truslees are fully briefed on the objectives ol the Charity and their role as Trustees. This is reinforced by Iraining as required, to equip them ellectively lo discharge their duties. The Trustees meet four limes a year and the day-to-day administration of the Charity is delegated by the Trustees to the secretary. The current secretary is Alison Preece. Risk management The Charity's activities are confined to making donations and grants out of the income generated by gift aid donations and cash on the bank deposit account. The Charity does not engage in fund-raising, has no conlracls, premises or tangible assets, and has no employees, volunteers or IT systems. The Trustees have reviewed the Charity's procedures lor money handling and lor checking the slalus of applicants lor donations and grants. They are satisfied that the Charity's existing systems lor monitoring and controlling the risks around material misstatement of income or expenditure are salislaclory. These systems adequately miligale the impact that such risks may have on the Charity in the future. The risks and controls in place to miligale those risks are reviewed by the Trustees on al least an annual basis. Connecledpersons Details of connected persons and transactions with them are disclosed in note 710 the financial statements. Objectives and activities The Charity's purpose is to make payments to such other charities as Ihe Trustees in their discretion select. Grant making policy The Trustees consider primarily those applications from charities operating in Bristol and Edinburgh and the surrounding regions which support charitable projects in the community. Awards are based on the merits of the applicant's cause and its financial situation. The Trustees will generally support small lo medium-sized charities rather than large national charities.
THE BURGES SALMON CHARITABLE TRUST TRUSTEES. REPORT Objectives and activities for the public benefit When considering applications, the Trustees will Consider whether the work being undertaken by the Charity or organisalion is in keeping with the Trusl's policy outlined above. The Trustees, in making donations, have referred to the Charity Commission guidance on public benefit and believe that the policy of ¢onfining donations to those which support projects in the community, whi¢h demonstrate publi¢ benefit as defined, is in keeping with that guidance. In particular the Trustees consider how planned activities will contribute lo the Charity's aims and the objectives they have set and have therefore complied with the duty in section 17 01 the Charities Act 2011, lor example the Charity has donated lo another charitable company which aims lo tackle immediate needs and long term change within the local community. A¢hlevements and performance During the year the Trust made donations tolalling £81,650 12023.. £73,200110 93 12023.. 711 different charities. These donations were all lor sums of £500 or under12023'. £5001, with the exception of £27,000 12023.. £29,000) lo the Ouartel Community Foundation, itself a grant making body and a charity, £2,050 10 The Yard12023.' £4,000), £4,000 lo North Bristol Advice cenlre12023'. £nill, £4,000 to the Empire Fighting Chance 12023.. £5001, £4,000 lo the One25 12023.. £3,000), £4,000 to Changes Bristol 12023.. £3,000), £4,000 lo Borderlands 12023.. £3,000), £4,000 to Sixty One 12023 £nill, £750 to Dolphin Society 12023.. £7501, £750 to Grateful Society12023'. £7501, £750 to Lord Mayor of Bristol's Children Appeal12023.' £7501, £750 to Anchor Society12023'. £7501. £600 to Sl. Peter's Hospice12023= £nill, £500 to Brigstowe12023= 3.0001, £50010 PROPS12023.' £1,000), £350 to Gympanzees12023= £3,000), and £nil to Bristol Law Centre 12023.. £3,000). Recipient charities included several children's charities, medical support and research charities. ¢harilable community and victim support groups and some art and entertainment charities. Most of these charities are I[ated in Bristol or Edinburgh and the surrounding regions. Financial review Income received The Trust receives income in the form of donations made to il by members of Burges Salmon LLP, the gift aid reclaimed in relation to the members, donations and also bank interest. For the year ended 31 October 2024 incoming resources tolalled £84,67012023= £77,9601- Investment policy The Trust has no funds other than those held in Ihe main bank account on which interest is received. Reserves policy Since 1 May 2007 the Charity has been funded via quarterly gift aided donations. The Trustees believe that it is not necessary lo hold back any unrestricted funds not commilled I'lhe free funds") as it is very unlikely that there will be any unforeseen drop in income or funding as the gift aided donations are made in advance of the charity making ils donations. The free funds vary from lime lo time dependent on a number ol laclors including the number of requests received and the size of grants given. The Trustees are careful lo avoid donations which are not in furtherance of the Charity's objectives, and as such the level ol reseNes Ilucluate depending on the number and size ol suitable requests received, and whether any monies have been held back, though uncommilled, lor specific regular donations. As al the balance sheet date these funds amounted lo £38,94812023'. £38,958). Going concern The Trustees are of the opinion that the financial position ol the Charity is salislactory and anticipate no dillicullies in meeting its obligations. The Trustees are satisfied that the wlicy and level ol reserves are appropriate lor the Charity's objectives, and that it has sullicient reserves to make ils regular, though uncommilled. donations lor a period of al least 12 months from the dale ol signing these financial statements. In the year the level ol incoming resources has been sullicient to meet all obligations. Accordingly. the Trustees continue to adopt the going concern basis in preparing the report of the financial statements.
THE BURGES SALMON CHARITABLE TRUST TRUSTEES. REPORT Plans for future periods The Truslees intend to adopt a similar pattern of donations in future years lo that described in the ¢urrent objectives and activities and expect the level ol activity to continue to be similar in the foreseeable future. Trustees, Responsibilities The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting Practice), including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic ol Ireland" The law applicable lo charities in England and Wales requires the Trustees to prepare financial statements lor each financial year which give a true and lair view ol the slate ol affairs of the charity and of the incoming resources and application ol resources ol the Charity for that period. In preparing these financial statements, the Trustees are required to= sele¢l suitable accounting policies and then apply them Consistently- observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., stale whether applicable accounting standards have been followed., and prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the Charity will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any lime the financial position of the Charity and enable them lo ensure that the financial slalemenls 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 ol the Charity and hence lor taking reasonable steps lor the prevention and detection ol fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the Charity and financial information included on the Charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Independent auditor PKF Francis Clark have been appointed as auditor lor the financial year and have indicated their willingness lo be reappointed for another term and appropriate arrangements are being made for them to be reappointed as aLJdilor. On behalf ol the Trustees: A M Honeywill Trustee Approved by the Trustees on 10 July 2025
THE BURGES SALMON CHARITABLE TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE BURGES SALMON CHARITABLE TRUST Opinion We have audited the financial statements ol The BLJrges Salmon Charitable Trust Ilhe 'charity'l lor the year ended 31 October 2024. which comprise the Statement ol Financial Aclivilies, Balance Sheet, and Notes lo the Financial Slalements, including a summary ol significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and applicable law (United Kingdom Generally Accepted Accounting Praclicel- In our opinion Ihe financial slatemenls.. give a true and fair view ol the slate of the ¢harity's allairs as at 31 October 2024 and of its incoming resources and application of resources, including its income and expenditure, lor the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted AccoLJnling Practice., and have been prepared in accordance with the requirements of Ihe Charities Act 2011. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit ol the financial statements section of our report. We are independent ol the charity in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the Trustees. Ljse ol the going concern basis of accoLJnling in the preparation ol the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubl on the charity's ability to continue as a going concern for a period ol al least twelve months from when the original financial statements were aulhorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this rewrt. Other Informatlon The Trustees are restx)nsible lor the olher information. The other information ¢omprises the information included in the annual report, other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent othenNise explicitly slated in our report, we do not express any form of assurance ¢on¢lusion Ihereon. In connection with our audit of the financial statements. our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsislenl with the financial statements or our knowledge obtained in the audit or olhemise appears lo be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether there is a material misstalemenl in the financial statements or a material misslalemenl ol the other information. 11, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that lacl. We have nothing lo report in this regard.
THE BURGES SALMON CHARITABLE TRUST Matters on which we are required to report by exception In the light ol OLJr knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing lo report in respect ol the following mallers where the Charities (Accounts and Report) Regulations 2008 requires us lo report lo you il, in our opinion- the information given in the Trustees, Report is inconsistent in any material respect with the financial slalemenls., or the financial statements are not in agreement with the accounting records and relLJrns,' or sullicienl accounting records have not been kept,. or we have not reiVed all the inlormalion and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement ol Trustees. Responsibilities Iset out on page 41, the Trustees are responsible for the preparation ol the financial statements and lor being satisfied that they give a true and lair view, and lor such internal control as the Trustees determine is necessary lo enable the preparation of financial statements that are free from material misstalemenl, whether due lo fraud or error. In preparing the financial slatemenls, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going Concern and using the going concern basis of accounting unless Ihe Trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but lo do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditor under section 145 01 the Charities Act 2011 and report in accordance with the Acl and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delect a material misstatement when il exists. Misslalements can arise from fraud or error and are considered material il, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis ol these financial slatemenls. A further description of our respon8ibililies for the audit ol the financial statements is located on the FRC'S website al-. www.Irc.org.uklaudilorsresponsibilities. This description forms part of our auditor's report. Extent to which the audit was considered capable ot detecting irregularitieg, including fraud Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined atK)ve, to delecl material misstalemenls in respect ol irregularities, including fraud. The extent to which our procedures are capable ol detecting irregularities, including fraud is detailed below.. We considered the nature of the charity's industry and ils control environment and reviewed the charity's documentation ol their policies and procedures relating to fraud and compliance with laws and regulations. We also enquired ol management about their own idenlilicalion and assessment ol the risks ol irregularities. As part of our audit planning, through discussions with management, we obtained an understanding of the legal and regulatory framework that is applicable lo the charity and Ihe sector in which it operates lo identify the key law and regulations allecting the charity. These included compliance with the Trust Deed and Charity Commission requirements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities Act 2011 and compliance with the Charities Statement ol Recommended Practice.
THE BURGES SALMON CHARITABLE TRUST We discussed with management how the compliance with these laws and regulations is monitored and we discussed the policies and procedures in place. We also identified the individuals who deal with any issues if they arise. We assessed the susceptibility ol the charity's financial slalemenls to material misstatement, including how fraud might occur as part of the audit planning process. We determined that these risks are low considering the lacl that the charity operates on a nol-for-prolit basis and so there would be no motivation for management lo influence performance lor individual gain. Likewise grant awards are approved by the board, further reducing the risk ol fraud. Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Our procedures involved the following.. Enquiries of management and those charged with governance regarding their knowledge ol any non- compliance with laws and regulations that could allect the financial slatemenls., Reviewed legal and professional costs to identify any possible non compliance or legal costs in respect of non compliance., and Reviewed Iruslee meeting minutes. We audited the risk ol management override of controls through lesling journal entries and other adjustments for appropriateness and evaluating the business rationale ol significant transactions. As part of our enquiries, we discussed with management whether there have been any known instances, allegations or suspicions ol fraud, of which there were none. As a result of perlomiing the above, we identified the greatest potential for fraud in the following areas, and our specific procedures performed lo address il are described below.. Completeness ol donation in¢ome - We tested the data and ¢al¢ulalions provided lo back up the members, donation in¢ome balan. We Confirmed that the list ol partners is ¢omplele and that the donalion percentages have been aulhorised by the partnership committee. Appropriateness ol grant payments- We lesled a sample of grants issued in the year to ensure that the expenditure is in line with the charitable objectives. We tested a sample ol payments, reviewing the board minutes to ensure each grant payment was approved, and vice versa. Because of the inherent limitations ol an audil, there is a risk that we will not delect all irregularities, including those leading lo a material misslatemenl in the financial statements. The risk of not detecting a material misstatement dLJe to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate omissions, collusion. forgery, misrepresenlalions, or the override ol internal controls. We are also less likely lo become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial slatemenls. Use ot our report This report is made solely lo the charity trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reportsl Regulations 2008. Our audit work has been undertaken so that we might slate to Ihe trustees those mallers we are required to stale lo truslees in an auditors, retx)rt and for no other purpose. To the fullest exlenl permilled by law, we do not accept or assume responsibility lo anyone other than the charity and ils Trustees as a body, for OLJr audit work, for this retK)rt, or for the opinions we have formed.
THE BURGES SALMON CHARITABLE TRUST Ptp kncKS CLITL PKF Francis Clark, Slatulory Auditor 90 Victoria Street Redcliffe BRISTOL BS1 6DP Dale.. 29 July 2025 PKF Francis Clark is eligible for appointment as auditor ol the charity by virtue ol ils eligibility lor appointment as auditor ol a company under section 1212 of the Companies Act 2006.
THE BURGES SALMON CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES For Ihe year ended 31 October 2024 2024 2023 Note INCOME FROM: Donations 84,670 77,960 TOTAL INCOME 84,670 77,960 EXPENDITURE ON: Charitable activities Administrative costs- support costs 314 181,6501 13,0301 173,2001 13,0601 TOTAL EXPENDITURE 184,6801 176,2601 NET MOVEMENTS IN FUNDS 1101 1,700 RECONCILIATION OF FUNDS Total funds brought forward Net movement in funds lor the year 38,958 1101 37,258 1,700 TOTAL FUNDS CARRIED FORWARD 38,948 38,958 There were no other recognised gains or losses other than those listed above and the net deficil12023= surplus) forlhe year. All income and expenditure derive from continuing activities and relates lo unreslricled funds in the current and prior years.
THE BURGES SALMON CHARITABLE TRUST BALANCE SHEET As at 31 October 2024 2024 2023 Note CURRENT ASSETS Cash al bank and in hand Accrued Income 38,948 38,958 NET CURRENT ASSETS 38,948 38,958 FUNDS General fund 38.948 38,958 TOTAL FUNDS 38.948 38,958 The financial statements of The Burges Salmon Charitable Trust, registered number 272522, were approved by the Board of Trustees on 10 July 2025. They were signed on ils behalf by-. A M Honeywill Trustee io
THE BURGES SALMON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) For Ihe year ended 31 October 2024 ACCOUNTING POLICIES Basis of accounting The Burges Salmon Charitable Trust is a public benefit entity registered in England and Wales. The financial statements are prepared under the historical cost convention. in accordance with the Sialement ol Recommended Practice "Accounting and Reporting by Charities ISORP 20191" applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021, and the Charities Act 2011. The principal accounting policies are sel out below. Preparation of financial statements As explained in the Report ol the Trustees on page 3, the financial slalemenls have been prepared on a going concern basis, with the functional currency being GBP, and the TrLJslees, therefore, consider that the going concern assumption is an appropriate basis on which lo prepare these financial statements. The Trustees are satisfied that the policy and level of reserves are appropriate lor the Charity's objectives, and that il has sullicienl reseryes lo make ils regular, though uncommitted, donations lor a period of al least 12 months from the dale of signing these financial slalements. In the year the level ol incoming resources has been sullicienl lo meet all obligations. Accordingly, the Trustees continue lo adopt the going concern basis in preparing the report ol th8 financial slatemenls. Critical accounting judgements and key sources of estimation uncertainty In apptying the Charity's accounting policies, which are described in this note, the Trustees may be required to make judgements, eslimales and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The Charity made no key judgements or estimates in the current or the prior year. Income Income, including accrued income, is recognised when the Charity has enlillemenl lo the funds, any performance conditions allached to the ilemlsl of income have been mel, il is probable that the income will be received and the amount can be measured reliably. Donations are recognised in Ihe financial statements immedialely upon receipt. Donated seNices comprise audit costs and banking costs and are disclosed and recognised where the amount can be reliably measured, this includes Accrued donated services such as audit fees. Interest from bank balances is included in the financial statements when amounts are receivable. Expenditure Expenditure is recognised once there is a legal or constructive obligation lo make a payment lo a third party, r( is probable that selllemenl will be required and the amoLJnl of the obligation can be measured reliably. Expenditure on charitable activities includes grants and donations payable and is accounted for in the statement ol financial activities when an obligation arises to make a transfer ol value lo a third party. Recognltlon ot Ilabllltles Liabilities are recognised when an obligation arises to transfer economic benefits as a result ol past transactions or events.
THE BURGES SALMON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) For Ihe year ended 31 October 2024 Financial instruments The charity has chosen to apply the recognition and measurement principles in FRS102. Financial assets and financial liabilities are recognised when the Charity becomes a party lo the conlraclual provisions ol the instrument. All financial assets and liabilities are initially measured at transaction price (including transaction coslsl, except lor those financial assets classified as al lair value through profil or loss, which are initially measured al lair value (which is normally the transaction price excluding transaction coslsl. Debtors are recognised al the settlement amount due. Cash at bank includes cash al bank only. Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that it is probable will resull in the transfer ol funds to a third party and the amount due lo settle the obligation can be measured or eslimated reliably. Creditors and provisions are normally recognised al their settlement amount aller allowing for any trade discounts due. Taxation The Burges Salmon Charitable Trust is registered as a Charity and as such tax exemption applies to the income arising from and expended on charitable activities and to ils investment income and gains. Unrestricted fund All funds are expendable at the discretion of the Trustees in furtherance of the 0tr4'ectives ol the Charity. Cash flow statement The Charity is a small charity as defined by SORP. Consequently. the Charity has taken advantage ol the exemption available under the terms ol that standard and not prepared a cash flow statement. ANALYSIS OF INCOME FROM DONATIONS 2024 2023 Donations- individuals Donations- individuals ITrusleesl Donations- other organisalions 60,626 4,151 19,893 54,604 3,940 19,416 84.670 77,960 Donations from other organisations include audit costs of £3,00012023.' £3,000) donated by Burges Salmon LLP. ANAL YSIS OF EXPENDITURE ON GRANT FUNDING ACTIVITIES 2024 2023 Actlvlty: Children's charities Community charities Health charities Arts and enlertainmenl charities Animal 4,800 63,350 11,350 1,950 200 6,700 55,500 10,100 400 500 Total expenditure 81,650 73,200 All support costs relate lo the charitable activities as a whole and comprise governance costs relating lo auditing ol the financial slalements of £3,000 plus bank fees of £3012023.. audit £3,000 I bank lees £601. 12
THE BURGES SALMON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) For Ihe year ended 31 October 2024 ANALYSIS OF GRANT EXPENDITURE All grants to institutions 2024 2023 Activity: Quartet Community Foundation Changes Bristol One25 Borderlands Empire Fighting Ghance North Bristol Advice Centre Sixty One The Yard Lord Mayor of Bristol's Children Appeal Dolphine Society Grateful Society Anchor Society St. Peter's Hospice Brigstow Bristol Law Centre Gympanzees PROPS Individual grants of £500 or less 27,000 4,000 4,000 4,000 4,000 4,000 4,000 2,050 750 750 750 750 600 29,000 3,000 3,000 3,000 500 4,000 750 750 750 750 3,000 3,000 3,000 1,000 17,700 25,000 Total Expenditure 81,650 73,200 FUNDS Balance at 31 October 2023 Income Expenditure Balance at31 Octobor 2024 Total funds- unreslricled 38,958 84,670 184.6801 38,948 Balance at31 October 2022 Income Expenditure Balance at31 October 2023 Total funds- unrestricted 37,258 77,960 176,2601 38,958 13
THE BURGES SALMON CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) For Ihe year ended 31 October 2024 RELATED PARTY TRANSACTIONS Donations are made lo the Trust by members of Burges Salmon LLP of £64,77712023'. £58,544) via gift aid payments Inole 21. Burges Salmon LLP also donated the auditor's remuneration of £3.000 12023= £3,000) and runs the Charity's adminislralion on ils behalf, which are assessed as minimal in nature for reporting purposes. The Trustees ol the Charity are all members ol Burges Salmon LLP and do not receive any remuneration or reimbursement of expenses from the Charity. The Trustees who seNed during the year made donations tolalling £4.151 12023.. £3.9401. Grants are made by Trustee approval in quarterly meetings. Total grants given out were £81,650 12023= £73,200) Inote 41- 14