R A and V B Reekie Trust
Unaudited Annual Report and Finallcial Statements
Year Ended 5 April 2024
Charlty No: 274388

RA AND V B REEKIE TRUST
Report and Financlal Statements for the year ended S April 2024
Contents
Page..
Rewrt of the Trustees
Independent Examiner5 Report
ststement of Financial ActiVTtie5
Balance Sheet
9-13
Notes to the Financial Statements
Trusteès
Mrs VirgTnia Br1dget Reekie
Robert Andrew Reekie
Jonathan Alistair James Reekie
Nlcola Alison LoLtise IAcKittri¢k (appointed l August 20231
Prfncipal Offlce
R A and V B Reekie Trust, Clo BDO LLP, Two Snowhill. Bimiingham, B4 6GA
Accountants
BDO LLP. Two Snowhill, Blmingham, B4 6GA
Independent Examiner
Perry5 Audlt Limited, Churchdown Chambers, Bordyke. Tonbridge, Kent. TN9 1 NR
Investment Managers
Evelym Partners, 14th Floor, 103 Colmore Row. Birniingham, B3 3AJ
Bankers
Lloyd5 TSB plc, P O Box 44, 125 Coimore Row, Birmingham, B3 3AD
Sollcltors
Shakespeare Martineau LLP. 1 Colmore Square. Birrningham, B4 6A

R AAND V B REEKIE TRUST
Report of the Trustees for the year ended 5 WII 2024
The Trustees present their Annual Report covering the Tn￿t'S activities for the year ended 5 Aprfl 2024.
Legal and administrative information set out on page I form5 part of this report.
HlstOry* ubJectlve5 and actlvlties of the Trust
The Trust was established under a Deed of Twst dated 18 July 1977.
The objects are summarised as being to apply both income and capital for or towards such charitable puryjoses
and to make such dL)nations to such charitable institutions as the Trustees may in thelr discretion think fit with no
deflned beneficial area.
Structure. governance and management
The name5 of the Trustee5 who have acted during the year are sel out on page l.
The Trustees meet informally throu8houl the year to formulate aThJ pian thelr grant-maklng pollcies and activities
once a year to consider and approve the previous year's accounts and to forsnulate an overall plan for the
coming year.
Objectlves and actlvlties
The objectives of the Trust are to support from the Income of the Trust by way of grants, charitable institutions
and objectlves at the Trustees. discretion. The Trustees have identified an interest In locally-based (Wiitshire
charities as well as their continuing interest In certain national and international charitles and some grants to
these are made on a regular basis. Un501iated applications received for grants are therefore very unlikely.
however, the Tnjst has an unspent incorne general fund of £62,598 at 5 April 2024. The donations and
subscription5 made enable the charities to meet their objective5 and to provide benefit to the public.
The Trustees have confirmed that they have referred to the guidance in the Charity Commission's general
guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activitie5 and
setting the grant making wlicy for the year.
Achievements and perforniance of the Trust
During the year charitable grants were made to 38 separate charities totalling £32,250.
The Largest grants made were:
GTrl Guides Beaconfield Campsite
Norfolk Wildlife Trust
5,000
Examination of the schedule of charktable grant5 on page 10 and 11 will show that the Trustees have fulfilled the
objectives of the Trust during this financial year by makln4 grants substantially to locally-based Iwiltshirel
harities as well as natiunal and intemational charities.

R AAND V B REEKIE TRUST
Report of the Trustees for the year ended 5 Aprfl 2024 (continued}
Finandal revTew, Investment policy and reserves
The financial staternents consist of a statement of flnancial activities and balance sheet. There have not been any
significant changes in the Trust's activities or the manner in which these aciiwties have been carried out. The
flnantial Statements have been prepared in accordance with the Rules of the Charlty and Charity commi￿on
Guidelines.
The investment Tncome for the year was £44.073 which was an Increase of £792.
Grants received for the year totalled £3,0(X). This includes cash of É3.0(Xl from the George Cadbury Fund B
Account.
Adrninistration expenses for the year were £10,927, an Increase of £2,461.
At 5 Aprll 2024 the unspent income general fund at Lloyds TSB Bank and Evelyn Partner5 was £62,598.
Under the Deed of Trust the Trustees are empowered to retain any investments for as long as they in their
ab501ute discretion think flt and notwlth5tanding that by rea50n of such retention Inve5tment5 are not
sufficiently diversified. The Trustees are also empowered to use the investments in the same manner as income
and there 15 therefore no flxed endowmtyt fund and no restricted investments.
The investment policy statement sets out a5 the investment objective that the Trustee5 intend that the real value
of their assets be rnaintained and enhanced over the long term by investment in a portfolio comprised of equltSes,
fixed income Stocks and cash.
In order to meet these objèct1ves the Trustees have appointed Evelyn Partners as the7r agent to advlse on their
portfolio and manage that part of the portfollo whlch is not invested with a Common Investment Fund. A balanced
Investment objectfve WTth rnedTum risk has been selected.
Twice a year reports and valuatTans are received from the Trust's investment adw50r includlng reports direct from
the investtnents Tn Common Investment Funds.
Investment managerfs report
At close of buslness on 5 April 2024. the investment fund was valued at £1,152,399. During the preceding 12 month
period. the overall value of the inyestments has increased by £44,774.
There were two sales and two purchases of investments during the year.
In accordance with the Trustees, Instruction, the level of the estlmated gros5 income for 2024125 is £44,000.
General unrestrtcted funds
It is the policy of the Trustees, havlng regard to the specifled designated fund referred to below, to maintaln the
general unrestricted fund5, which are the unspent general fund of the charity, at a level which equates to
approximately 10 months expenditure on grants and management and administration. Such funds may be held In
order to finance both working capital and capital investment in furtherance of the objectives of the charrity. The
unspent general fund at 5 April 2024 represents approximately 17 months expenéiture.

R A AND V B REEKIE TRUST
Report of the Trustees for the year ended 5 Aprll 2024 Icontlnued)
Des18nated funds
De￿gnated funds are aMo￿ts that have been put aside out of unrestricted funds at the d15cretlon of the Trustees
for partlcular purpose5. The designation is for admini5trallve purposes only and does not legally restrfct the
TtU5tees' discretion to apply the funds. The TNstee5 have created the following designated funds=
Investment fund
To prowde the income necessary to malnlain the Trust's charitable activities. the charity requires a significant
apital base and the Trustees have maintained an actfve investment wlicy in order to provfde a degree of stablllty
nd certainty in income levels. In the circumstances the Trustee5 have created a designated investment fund that
represents the government stocks and other listed Investments held In the charity's inve5trllent portfolio.
Future plans
It Is Intended to use the funds described above to contlnue the objectives of the Trust, as earlier descrlbed,
indefinitely. Thi5 means that the Trustee5 will be looking to make charitable grants of circa £30,￿0 on an annual
basis.
Rlsk managemerbt
Having regard to the Trust's organlsatlon and activities, it Is the view of the Trustees that the major risks to which
the Trust may be exposed are largely financial in nature.
The Trustees review the major risks which the Trust faces on a regular basis and believe that maintainlng free
reserves at the levels indicated above, combined with the half-yearly report from the Trust's inve5ttnent advlsors
to monitor perfomiance, will provlde sufficient resources in the event of adverse conditions.
Trustees. respon5iblllties In relation to finandal statements
The Trustees are responsible for weparing the Annual Report and ihe financial statements In accordance with
applicable law and regulation5.
Charity law require5 the Tnjstees to prepare flnancial statement5 for each financial year In accordan￿ with
United Kingdom Generally Accepted Accounting Practice (United Kingd¢m Accounting Standard5 and applicable
lawl. Under charity law the Trustees must not approve the financial statements unless they are satisfled that they
give a true and fair view of the state of affairs of the charity and of the incoming resources and application of
resources, including thè income and expenditure, of the charity for that period.
In preparing these financial statewnents, the Trustees are required to-
Selecl Sultable accounting pollcies and then apply them consistently;
Make judgements and estinates that are reasonable and prudent;
State whether applicable UK Accounting Standards have been followed. subject to any material departures
disclosed and explained In the financial statements.
Prepare the financial Statements on the going concern basis unless it is inappropriate to presume that the
chariiy wlll continue in business.

R A AND V B REEKIE TRUST
Report of the Trustees for thè year ended 5 Aprll 2024 Icontlnued)
Trustees, responsiblllties In relatlon to financial statements {contlnuedl
The Trijstees are responsible for keeping adequate accounting record5 that are 5ufflthent to show and explaln the
charity'5 transactions and disc105e with reasonable accuracy at any tlme the flnancial posltlon of the charity and
enable them to ensure that the financlal statement5 comply with the Charities Act 2011. They are also responsible
for Safeguarding the assets of the charity and hence for taklng reasonable steps for the prevention and detecllon
of fraud and other Irregulartties.
Approved by the Trustees and signed on their behalf ty..
Virginia Reekle
Trustee

Independent Examiner's Report to the Trustees of the
R A and V B Reekie Trust
I report on the financial statements of R A and V B Reekie Trust for the year e￿ed 5 April 2024 which are set out
on pages 7 to 13.
This report Is made 501ely to the charity s trustees, as a body, in accordance wlth Regulatlon 31 of the Charities
IAccounl5 and Reports) Regulations 2008. My work has been undertaken so that l Tnight slate to the charIt￿5
trustees those matter5 1 am required to state to them in an independent examlner's report and for no other
puT￿)se. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
charity's trustees as a body. for my work, for this report. or for the statement I have made.
Respectlve responslbllltles of trustees and examlner
The chartty's trustees are responsible for the P￿paration of the accounts. The charity's trustecs conslder that an
audit ls not reqLsired for thi5 year under sectlon 14412) of the chariti￿ Act 2011 {the Charfties Act) and that an
independent exarnination is needed.
It ts my re5ponsibTlity.'
to examirbe the accounts lunder section 145 of the Charities Act);
to folltsw the procedure5 laid down in the general Directions given by the Charity Commission (under section
14515llbl of the Charities Act); and
to state whether particular matters have come to my attention.
Basis of llldependent examinerfs rèport
My examination was Ca￿ted out in accordance with the gencral Directions given by the Charity Commission.
examinatlon include5 a review of the accounting records kept by the charity and a comparison of the accounts
presented with those record5. It also includes consl¢Jeration of any unusual itewns or disClosu￿S in the accounts.
and seeklng explanations from you a5 trustee5 conceming any such matters. The procedures undertaken do not
provide all the evidence that would be requlred in an audit and consequently no opinion is given as to whether
the accounts present a 'true and fair view and the report is limited to those matters Set out in the statement
Independent examlner'5 5taternent
In connection with my examination, no matter has come to my attention:
111 which gives me reasonable cause to believe that In, any material respett. the requirements..
to keep accounting records in accordance wlth section 130 of the Charitie5 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements
of the Charities Act have not ljeen met., or
121 to which, In my opinion, attention should be drawn in order to enable a proper Lmderstandirbg of the
accounts to be reached.
S Hale
Steye Hale FCA,FCCA, on behalf of
Perrys Audit Limited
Clvjrchdown Chambers
Bordyke
Tonbridge
Kent
TN9 1NR
Date:
11.2.25

RA AND V B REEKIE TRUST
Statement of Financlal Activltles for the year ended 5 April 2024
Unrestricted Fund
2024
Unrestricted Fund
2023
Notes
Income from
Inve5ttnents
Grants frorn other charitable trusts
44,073
43,281
5,000
Total
47.073
48.281
Expendlture on
Raislng funds
Investment management costs
Char(table activities
Actlvfties undertaken
Grant expenditure
Govèrnance costs
3,7T1
3,800
32,250
7.156
33.240
4,666
39.406
37.906
Total
43.177
41,706
Net Income before
investment gainslllosses)
3.896
6,575
Galn5 and losses on investments
Realised gafn5 on Tmiestment assets
un￿alISed IIos5esllgains on investment assets
11,480
36,057
9,551
189,1731
Net incomellexpènditurel
51.433
173,0471
ReConcilia￿On of funds
Fund balance5 brought forward at 6 April 2023
1,163,564
1,236,611
Fund balances carried forward at 5 April 2024
1.214,997
1,163,564
Approved by the Trustees and signed on their behalf by:
/Zwl£g"
Virginla Reek
Trustee
The notes on page5 9 to 13 form part of these financial statements.

R A AND V B REEKIE TRUST
Balance Sheet as at 5 Aprll 2024
Notes
2024
2023
Fixed Assets
Investments
1,152,399
1.107.625
Current Assets
Bank balances and deposfts
68,348
61.481
Current Liabilltles
Creditor5- amounts falling due within one year
(5,750)
15,5421
Net currènt assets
62.598
55,939
Total net assets
1,214.997
1,163,564
Fund5
Unrestricted Funds
1.214.997
1.163,564
Approved by the Trustees and signed on their behalf by:
Vlrglnia Re
Trustee
kle
The noies on pages 9 to 13 form part of these financial statements.

R A AND V B REEKIE TRUST
Notes to the financial 5taternents for the year ended 5 Aprll 2024
1 ACCOUNTING POLICIES
Ba5]5 of Preparatltsn
The Financial statements haye been prepared under the historical cost convention, as modified by the
revaluatlon of freehold Propert1￿ and Inve5trnents. The financial statements are prepared In accordance with
Accounting and Reportini Charlties: Statement of Recommended Practlce appllcable to charities preparing
thelr accounts in accordance ￿th the Financial Reporting Standard applicable in the UK IFRS 1021.
Reconallatlon with the prevlous qenerally accepted accountlng practice
In preparing the accounts. the Trustees have considered whether in aPpI￿ng the accounting policies required
by FRS 102 and the Charities SORP FR5102, the re7nstate￿ent Df comparatives was required. As a result, no
restatement was required.
Fund accountfng
The charlty maintains various tYFes of funds as follows-
Unrestricted funds
General unrestricted funds represent unrestrlcted Income, which is expendable at the dlscretion of the
Trustees ln the furtherance of the objects of the charity. Such funds may be held in order to finance both
working capital and capital inYe5tment.
Desiynated funds are amounts which have been put aside out of unrestricted funds as follows:
Inve5trnEnt fund - to provide the iricome necessary to malntaln the Trtjst's charitable aciivities, the charity
requires a significant capital base and the Trustees have maintained an active investment policy in order to
PrO￿de a degree of stability and certainty in incotne leve15. In the circumstances the Trustees have created a
designated investment fund that represents Ilsted investments hel(1 in the charity's investment portfolio.
Incoming resources
All income is recognised in the statement of flnanclal activities when the conditions for receipt have been met
and there is reasonable assurance of rÈceipt. Where a claim for repayment of income tax has or wll be made,
such income is grossed up for the tax recoverable.
Grants
Grant5 made by the Trust arè charged against income In the year In whlch they are made.
Charitsble expenditure, fundraisin8> management and admlnlstration costs
Charitable expenditure comprises expenthture relating to the objects of the charity. Costs are allocated
between charitable expenditure, fundraising and administration on the basis of expenditure in support of
charitable objects, fundraising or administration and managemènt. The charity does not Incur fundraising or
publlcfty expenses.

R AAND V B REEKIE TRUST
Notes to the flnancial statements for the year ended 5 April 2024
1 ACCOUNTING POLICIES (continued
Investments
Listed investments are stated at closlng middle market prtce Immediately prior to the end of the financial
year. All movements In value are shown in the statement of financial acti￿tIeS. Income from listed
investments is recognised as income a5 received together any associated recoverable income tax or tax
redit.
Realis￿ and unreali5ed gains and 1055e5 are shown separately In the appropriate section of the statement of
financial attiwties.
Judgements in applylng accounting poliaes and key sources of estlmation un￿rtainty
In preparing these financial statemeT)ts, the TrL5Stees are required to make J￿￿gementS, estimate5 arKt
assumptions about the carrying amounts of a55ets and liabilitles that are not readily apparent from other
source5. The estimate5 and a550Ciated assumptions are based on the historical experience arbd other factors
that are considered to be relevant. Actual result5 may differ from those estimates and underlying a$S￿mptIOnS
arKI continually reviewed.
There are no key sources of estimatlon uncertainty that the Trustees have made in the process of applying the
accoLTnting policie5.
2 INVESTMENT INCOME
2024
2023
Dividend5
Interest on cash deposits
43,779
294
43,234
47
44,073
43,281
3 GRANTS
Reglstered
Charlty No.
2024
Action for River Kennet
Almelda Theatre
Alzheimers Research UK
Artangel Trust
British Red Cross
Britten Pears Art5
Build IT International
Centre Pofnt
Community Foundation Wilts
Countess of Brecknock Hospice
Fare5hare
Felsted Sthool Misslon
1120725
282167
1077089
292976
220949
261383
1115989
292411
1123126
1067238
1100051
310870
200
500
200
750
1,000
1.000
2,000
1.000
1.000
100
1,000
500
9.250
io

RA AND V B REEKIE TRUST
Notes to the flnanclal statements for the year ended 5 Aprfl 2024
3 GRANTS ICONTINUEDI
Registered
Charlty No.
2024
Brought forward
9,250
Friends of Tate Gallery
Glrl Guides Beaconfield Campsite
Harbour Project
Health Prom
Home Start Cambri(Jgeshire
Lamb Health
Longborough Festival Opera
Marlbarough LFterature
Medical Aid For Pal*tinian5
Norfolk Wildlife Trust
North Wiltg Home Start
Oxford Lieder
Philharmonia Orchestra
313021
1042773
1171368
1100459
1106007
1101217
1087303
450
5,000
300
1.000
200
300
1.000
1,000
1,000
3,000
300
500
300
114925Z
1045315
207238
1106736
1111458
250277
111
Practical Artion
Preshute Church
Prospect Hospice
Religiou5 society of Friend5
Royal Soclety of Medlclne
Selly Oak Nursery School
Shrewsbury Ark
Shrewsbury Food Hub
St Johns Smith Square
St Peters and St PauL5 Marlborough Twst
The Trussell Trust
Valerie Taylor
Wilt5 & Berks Canal Trust
247257
1184256
280093
1127633
206219
528912
1163476
500
800
1,000
800
1.000
1,000
500
300
200
5(M)
1,000
300
750
1171092
1092461
275557
1110522
1122245
299595
32.250
Details of grants paid in the corresponding period are available on request from the registered addres5 of the
charity.

R A AND V B REEKIE TRUST
Notes to the financial statements for the year ended 5 April 2024
4 GOVERNANCE COSTS
Incluiled within expenditure on tharitable activitles are the followrng costs:.
2024
2023
Inde￿ndent examlner's fee
Accountancy fees
LEI renewal fee
Legal fee5
990
4.414
72
1.680
985
3,681
7,156
4,666
No Trustee received any remuneration or benefits from the charity during the year 12023 £Nil} nor any
expenses12023 ENill.
There are no employees12Q23 . M>nel.
5 INVESTMENTS
2024
2023
Quoted investment5:
Market value as at 6 April 2023
Addition5
DTsposals
Realised gains
Net unrealised investment gainsl(1055es)
Market value 5 April 2024
1.094,942
58,589
{65.6581
11,480
36.057
1.173,586
42,213
147.2351
9,551
189.1731
1.135.410
1,094.942
Uninve5ted cash capital
16.989
12,683
1.152,399
1.107,625
H7Storical cost as at 5 April 2024
958.239
953.829
6 CREDITORS
2024
2023
Investment manager's fee
Accountancy
Independent examiner's fee
937
3.868
945
942
3,700
900
5.750
5.542

R A AND V B REEKIE TRUST
Notes to the financlal statements for the year ended 5 Aprfl 2024
7 STATEMENT OF MOVEMENTS ON UNRESTRICTED FUNDS
Balance
6 Aprfl
20Z3
Expendlture
galn5 and
105ses
Balance
5 April
2024
Income
Transfers
Investment fund
General fund
1,107.625
55.939
44,774
140,4141
1.152,399
62,598
47,073
Total unre5trfcted funds
1,163,564
47,073
4,360
1,214,997
8 TAXATION
The R A And V B Reekie TTUSt 15 a registered charlty and, as such, is exempt from tax on Income and gain5
falling within Section 505 ICTA88 or SecLlon 256 TCGA92 to the extent that they arè applied to Its charitable
objectives.
9 RELATED PARTY TRANSACTIONS
Virglnia Reekie Is a trustee of Marlborough Literature Festlval, charity number 1149252. During thè year.
grants of £1,000 were made to Marlborough Literature Festival12023 - E1,OCQI by the Charity.
t3