The Brodererfs Charity Trust For th• Yw End•d 6 Aprfl >J24
Th• &od•rf8 Charlty Trt Trust898' 2to3 ustfjes. Irrfs Rwrfi &atMwnt ol F NthtothoF 81014
P E Lumkn/ (Pa Ma•kn) S A C Bonnkw IPAthr202$241 klrs E M Efvin Icourt Memterl Mrs L A Paknw Icthtrt IAemborl J M Neill Icourt Membefl M Pakwawmbe ILNwyTl J H WlliamBon {LNeryThl g•cr•lary Prlnclpftl Offlc• TThbndgg Imls BA14 8HH Ch•thy R•ql•tr on Numb•r 275080 Ind•p•nd•nt JWHM PultJrough 8ank•r4 LbydB 88rt P 164 Wakon Ro Surrvy Kf8 OKP A•hb & In4hl•tmnt UK) 2 Gr•8ham Str••t EC2V7QP
ri12024. Ob¢¥• an Th? Glwrlty is th• inco to the tsrrns of a Trust D••J d81 29th 1077. it8 c4)jrKts ar• to pay or ofTr Trust FUTh( a1 lo LY capfol. lor Such Charitsb purpo. lublt Trust De•d, or as thè Crt oftho Cryny nw from trne to tiffrt> d •) Tha advan throuph b} To p INnin9 forgrry cl To make d th0$8 with the d) To mok• do ayor olth• C. thocty dLond cl •d•thn of pw•orn do•trfng to b• 4)prenttsJ In th• art d •mbroi •(1tI)rI Charty. 8 wtth •>xmlnthn8 or work d 4pprth ¢x uThJwyolng 18ed art or profJn ion¥ to any Chwity h&¥irKJ a Cne¢tiC to the grt of or lor88818tse wth embrojth rèlated roquirerrnts. ticn& lo Chgnty 8nd to charf# nominatthj ty thtr Lord Puwk b•n•fft Thè Tru•tO08 e 2011 to havo Erffjland and finn that wlth th• rwuJr•nxnt• of wclbjn 4 01 th& CWl•• A regard to th b•rffi tswid•rt• publi8h•a by th• Charlty CommlJ8lon for Jt rd thè pojw Tru•10 genoral guidan that they have rrrj to the gukJ8n¢• cont8W In Th• CMrty Commis•ion'• publlc benefft when rnviww th• Tru alns 4nd In plgnnkng futur• irg th• qfart m0 f(Yth• y•w Stru¢iuY•. 9QV Th• Tru•tw • tiw a y•ar. P EIn, L A Pal ar• LryMan. TNgtees o 90 TN8tee8 to ftll v 811 mÈmborn ol the LN•ry of Th• Wlornhpfvl Cm)arry ol BroJ•rerB nxot th Lum o a Past Ma&t8r ol fv Comp8ryy.' S A C Bty)nington IMa8lw 2023r241, E M and J M N•NI Court A3knt8 and J H bMI4•mn •nd M P•lmor£d9eeumb• to d•y adnmnlrOt1?n kn the rnwJon81Ity crf th• Secretsry of •d lry Tntyt Dood of the Charity. The Company li p4Jthoriaod to •ppolnt n•w aNng Ihrough r•wnth or d•gth of an eXlin9 Tnwt••. year8 prlor to b ith8t•nding th18 Ilrne 88 part of fomlalty a•1 I been Vknlwul Cryry af Br for 4 nwnbw of ng invlfrtl to becorne J arè aw8[• of the puw¥e ol the chgrity. h• Ch8lmwi Sw•tsry ill provth with histwl In1rnn and ipend
The 8md•Mes Charfty Tnmt Th8 Trust 4d RolattonBhl Thè Charity ct¥npiiBWVJ Past Palmer, J M Ne Ccmpany. 88ler P E Lwn. S A C BonTh1M {Master 2023r241, Court A8Si8tsThts Mrs L A Id IArs E M Eknn: J H Wthimon M PanerlIrt are nwmters of that Rl•k Al Thè Tru•tw• h reLAI to th• o pr(¢edu8 are i 8yStwn8 and pr th• ffr rf•k8 lo vmkh the Chath 18 eXped. In kular ttK>#e yJng aThJ the Charity and sausfiod that •u4ts syitems and urg8 arg f¥guWty rnvwd. A8Ptdthep at f•aBt thm tkno8 A y•w tr) tm I1)•1 plI)n of tm Tnmt •nd oth•T 6Jer applkatK)n• lor grnnts mattr¥ lo . The Tru8tee8 •r• Ipprcprle i . The Trwt Rthk R¢gl•ter rrinknffjiw 8ny rk to th• Tnmt fu. The Tru8t•ts co b• prfmarfty an Chwty'• grqnt erth? urrnlr Gww•l FLmd, rnnted to £851,851 Jt S &0rf12024. to V88tmont fvnd to PrId0 o mgJour• cl 8td)Ilty to tho king pmgrwM. TM onnusl t•h•M by.. aPkW+J by th• Tr c¢ IM Ch•rty on 6 J., 109n•d 4>) 18 Ch•kn
Low app1vb financial ygar yèw and of ts lvi•, th• T to arhy 1144le• tro TnAt••fy to prnp•re nts tr the gNo a tn 8nd fair vw ol tho charItab Tnt's fir1 actryitm durirvJ a9[ pcsit>)n at the érKI yaAr. In wepwiig the trt a1 8t••B 8houJ teat and.. SU t)d8 and prvit¥w in the Chariis SORP: 8t4te w have r 8pplc4bkn UK h<¢wnti star0rd1 arn1 Ststants of R•tsynThrthd Praekni to arty nt•rW departurot d•¢k4•d and In th• flnan¢lo1 pryre thè that the cha n91 •tatMnt8 on t bath unlw k J• th¥yroprf• to Prn8umè will Gontinue kn bulinw. In th•t th IAc¢ourt• •nd Ilepjrture h•a i finAn¢ial 8t&t¢Fwts a tru8 •J f•r ha deported from th• Chth• epJtsl R8oulicTh 2C#]8 to th• •y1t r•quw•d to prOts • true and folr Th1• •d ftJlctng Acntil4 RepO.g ty ch¥.. St¥0nt of R•rorrmonthl to prop•riNd thew o¢c(Trts Keord8nce wh the Firww41 R•F#>t bl& in th• UK IFRS 1021 pubM8W In 2014 Tathw thon th• Ntg)unJn9 •nd R•portlng Slandard 8ppIi by ChwitieB.' Th• Tnmtw a accurw at an for mAlrtsinh¥ Frfrw •curng rthxrd• that dIsdo wrth rwonab ting t finanoal po8itk)n cl th8 Trujts. They are akno rB¥JoMibl8 for ubjuard Tru8ts •nd honc• Ic¢ 1trg rnHonJl• •tryo fcf thg pmnlgn and d¢Gtknn of froud ahd othr Apwowd by th n•t•M dth• Clth on & 3.- •r*l tt• b•h•ff by.. Ch•rm•n
Rewt to the ot Num. 275080 5 2(Q4 ended S•t out on p•J88 8t14 R•pJpoth• rg•pon•lblll of Ini8t•o0 and •xarnl ChwW$ TrLtstee84rn reBnlI tho preparalth) oftho CxXnt8. Th• ChoriV6 r TW$t conBldor that an aS Is [t rnqui for lfvs yèar lund¢r SOrb 144121 of Chath• Ad 2011 (ts 2011 Ad) aNI that w IndewidM 81Th?On Is negdod. 8X8mlna Iho ¥c¢wnts 8tkIn 145 ofthe 2011 A¢t. to folkm the w¢<lures lakl the gewal Dlre&lon8 glw by tho cha COMM8 1?1 a•clon 145{51(bl oftho 2011 Act, ond of Ind•pBnd•nt •xamln•rf• •tst•Thnt commlulon. An oxthnokn lThJLJ•8 a ofthe attfjunllng recordB kopl by tr$• th8rtty ¥ cmpSOft offv xo)unts prwent•d 1h th08e regyd8. It 8110 Ir3 nslderatjon olary unu•u81 or dL¢dowr88 In Ihe •)>wrt8 And 88eklng aWanaucO the tru8taM oncemlThJ any •uth ffl81kn. Th• kyocdm uTrJ8rtak•n do not wovlde the •vbJence thatwould b8 rtrJuir8d In an a1. 8nd Q)n8•qu8ty Th) oplnkn 1$ glven a• to wthrthe j¢oj and f th¢ rw>ort h UMW tolho#• 1ndopond•nt•Wn•rf• 11) to keep wn11ng r•Dyd• kn KLxydm wth 1gLknI 130 01 tr 2011 Act.. and to prew• •xounl• whith x¢¢rd wllh th8 acoyJntlrrfJ r¢r•yd• and eompty wRh th• F4Kabi• WreMnts (nIng lh• lom and contènt ofw>)unts $81 out In th Chaths {Aeeounts gThJ Repy181 RegWiw of2LTh othorth8n any requlremenl that tho •cc<Junl8 gNe • •nd fBIrf whith 1$ Tr)t • mts oNwidar•d •• part ofqn to whkh, kn my ottenbon Shou dr8n kn ord•rto onab dth• Wxjnts to bo r••th•J. Slg R•hY•nt profwl qU111¢•110n or West WTrJ, Bee¢ C•st Nutboume Lan• PbOrough RH20 2HS
Forth• Yo•r Erthd S Aprfl )24 Totsl 2023 nd 2024 In¢¢Mn• Ind E r)natK)ns and Inv•8tmwrt in 40.042 40,042 42.021 Trfal Incorr 331 Exp•ndltur• Charlj •ApdU 17 GAln• ItoM•81 40.210 40,210 191,5401 R•¢onclll•tlon Tclal fvnd• bro fvnd• ht foTh¥wd fund• rr 11 All ¢lth• C arW• •thillM d•rtrM from co•raknro ¢*Jrfng tm •bv4•ts¥0 wod•. Pag• 8
A• It 6Ayl 2024 2023 749 )9 713 8TT Curyent M••ts 13.253 21,359 Calh at bk 109,834 104.8 Cr11. Am nts f•lllnll du• on• y 10 292 N•t cuff•nt N•t *•••ts Fund• ofth• C unl••trk In unr111 fun Total fund• 11 •trJn•d on th•lr bthwll ty.. F> E Lumloy Tru•t•• (Chai SAceCnI P•yJ 7
Th• knd•rnrf• Ch•rlty TruBI Forth• Ymr EThl•d S Aprll 4 1 Aceourtln poli¢l•B Summary ofs finan¢1 8 ulo cl goin condib.ons Ih I>)Jrn. Tho T apprw of Ih? nIfinI aGcountlrvJ polkl•B and * 1ccouftnq #tlnwts• emwts been w8ped CYJ 8 going e4rum bas. The TNSte8s as3eu Tpthther 15 appropriat• and Kl8ntthe4J no rnatari uortal1&S rgiate4J b ent8 may cast 8ynfftanl bI ¢fj th? ablty ofth8dwity to o)rtlnu8 as 8 mpll•n¢• teen pwrl under the htstixieal c)8t cunt)n •rKI In A¢cordane4 %h the ng Stsndard •pplubl• in th• UK and R•Put4 ol Ireland IFRS 1021 •nd Acuuntlng charit Sdard of Pwtu oppkJkn to ¢h8rilB6 proparing Ihrjr vfilh FRS 11r2 Ichanw SORP IFRS 10211 i88wY ty th8 Chanty comNMJn h off•X frL¥n 1 J4ThAry 2015. The accounts h Financk11 R8PO and Rwin9 accounts in and aFW 8A•l• of pr•pa Tho Brod0r•rf8 Ifobllrtle8 •r• In r•thnt harfty Tru th• brfrt •nthy undw FR8 I2. ng ThJt••. Qolnq ¢onc•m Th• Tnjst a golng ¢or by Ihe Clwrty. that thw• we nthioF urta1 •Sout th• •blNty to contlnu• ncyany wntsnt of urwtoiity Ihgt cwrykng Val of alts hold Incom• And •n AJI knconKt18 11 bo nknl one• th• C h• •rtthmenl to the kK(xne. tht th• Irn• am0rt dlhe Inconx r0e•ti c•n b• m•A8ur•J r•labty. Donatlon• thxl Don•tKJn8 •r¢ nl••J wfrn Clwty tr• b••n In wrJng Ot ixth the •nd In th• •nt that A don•twJn ri bcl to ¢oTrJitM)ni that rwuiro i hv•l ol e Charity bolm the Ctrwrty to th• fvn, tho IncKrfn& l• d8ferr•d and not thw eondrtKYO •r• futy or th luh5tht of thc•e condttbJnB 18 whouy of the Charlty aTrJ it Lg Ihat the¥• ¥&ill bo Ihg rwtkng recOgnId urtii withSn th• eontro Inv••lm•nl Inc Dfvkl•nd8 w• th• divklond due. Exp•ndlturn All expanthr8 ' probab 8•ttle th• 4)plub dwedy attri •rwJ can b• mw8urnd rnlHbty. AJI LYJBIS 8re aled tt endrtur¢ heading that aojrwe 8knIknr ¢0gts to ihat C4te£4)ry. kn colts Cnt
For lh• Y•v £I•d S Ayll 2024 Gov•rn•nc• These Include requtmments. V•lu• Add•d T Value Added T Sl&temtt of Fi Flx•d M••t I Fixed ass•t in thfr bn¢è sh 4twn 881•8 tmnls. Othor than wogrwnn rat lnwltrn. aro k)duded at mth•t valu8 It tyatts. Raalwd galrwd 8ThJ I£85 on knNeBl arn rakul3tJ 86 th& dre1• and Ihw market yU0 Al tho sthrt of th• yoar, or their 8ubsequ?nt C1, and Unr•lB•d gain creditad ex char Ind IrAW repre8•rrt in mwknt valutss duJlng th8 yoar and to Ihg Stalerrml of Fhrthl bawl th• m•ket varu& at Ihe year trnd. Fub)d •truetur• UnT98trI 1 fiJrtheranc• d t DnIted Tru8tw. fftMKI• w• ItrAt •r• for •t th• Tw•t•M' dknu•tiw in objec¥ ofth• Cha. unrnvXI fund8 •et ••hJ• lor •p•chk purpow• 8t thè of th• furbJ• we th0 don*•J fly w• kn a ¢x for •pth wrpcw•. th• U86 lo I 2 Incom• lom and lowl•• Total Totsl X12J 40 042 42 021 40 042 42 021
Forth• Y•ar Erthd 5 Aprfl 2024 3 lnV•tnt Total 2024 Total X123 Dfvthnds from 29 4 Exp•ndllu on ¢h*rltabl• •¢ll¥ld funds Tot•1 Total 2023 lund• 14 39.270 7,510 39,270 71.510 12.398 11.718 61868 83 226 Qo¥•mw• Total Total 2023 Admknl•trthn A(cnIan Indepond•nl 4.200 4.2 3,870 2,180 2,180 2,180 1150 1 160 760 7610 7510 11716 I8 fv• On¢>Wlr4 P y••r&lJi PvJ• 10
Fwth• Y•Jr ErMl•d O Aprfl 2024 6 Tnm The Trust r•m 7 Tuatlon Th• Charfty kn a 8 Flx•d a•••t 2024 2023 Inw8tmont& •t 749.309 713.877 Total Ll•t•d Inmtsn•nt• Co•t or V•lu At 8 2023 R•valuatK Additkjns Dilposa At S Aprll 2024 713,877 22,547 193,082 N•t book v•1 At 6 Aprl 2024 At 5 April 2023 Pffj• 11
For th• Y•w End•d 5 Aprfl W24 Grfl Jd r0¥8 5.442 10 Cr•dllor•: ouni• Idllng du• hhln on• y•w Sun(ty ¢r•Jitors 3.110 2.910 11Fw 8lan at 6 Incomlno R••our¢o• B•l•nu 4t o Aprfl G•rrnl 863,ClJ3 89.331 148 438 22 547 151.th81 680,888 Movemfrt kn I Tot1 unr••trl nd• 811,441 91,878 (S1.ffi8) 851,801 Total futrKI• 811441 91878 12 An•ty•l• ot T¢t•l fund• 749,309 109.834 Current 1888 Currrt I>11 T¢1 nat M••t• Pw12
Fry the Y&vEnded 5 WI 2024 13 Analysls of At 6 Aprl At S Aprll 2023 C••h fltyat 2024 Ctsh at bAnk 83.497 13.084 93.581 14 An•lyth ol nl• Grnnts to In•tltutlon• 2024 2023 T C• FIM Cdl LLYd M$ Ap TM Cty & GuAd United GuNd$' S 1,0 2W B•rt8 H88#h NH Royal School Trt 12.0 250 250 5th) 10.C#)o Pnnco88 H • fund Corporakn d L" Anny BenevOn 1,800 omgany 470 470 1,CKIO Hand & Cy8lk Fforolis T Cty Spxtal Evo Lry- No Goln 8hok••pe•r•'s Royal ethfjbh Log IGrdM ofRwIrK•1 2FJ) 3.0)0 250 Bexley & Levtsh Que8n Elizabeth Sddkn., Saknr8 750 tthrsh* TnMI y (CorDIX) Cw(wl P•a• 13
to thfr FIncIlI St•t•m• CothP Art8 Inlured Jc¥kn8 NatKJnal Ilariti Tot•1 grants p• und Museum Royal Cc4lege Gulldhall S¢hcol Tot•1 gr•nts 25.C4)0 Tot•1 gr•nts pa P4• 14