The Brodererfs Charity Trust For th• Yw End•d 6 Aprfl >J24 Th• &od•rf8 Charlty Tr￿t Trust898' 2to3 ustfjes. Irrfs Rwrfi &atMwnt ol F NthtothoF 81014 P E Lumkn/ (Pa* Ma•kn) S A C Bonnkw IPA*thr202$241 klrs E M Efvin Icourt Memterl Mrs L A Paknw Icthtrt IAemborl J M Neill Icourt Membefl M Pakwawmbe ILNwyT￿l J H WlliamBon {LNeryTh￿l g•cr•lary Prlnclpftl Offlc• TThbndgg Imls BA14 8HH Ch•thy R•ql•tr on Numb•r 275080 Ind•p•nd•nt JWHM Pult*Jrough 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 d8￿1 29th 1077. it8 c4)jrKts ar• to pay or ofTr Trust FUTh( a￿1 lo LY capfol. lor Such Charitsb￿ purpo￿. lubl￿t Trust De•d, or as thè C￿rt 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 •(1￿￿tI)r*I Charty. 8 wtth •>xmlnthn8 or work d 4pprth ¢x uThJwyolng 18ed art or prof￿￿Jn ion¥ to any Chwity h&¥irKJ a C￿ne¢tiC￿ to the grt of or lor88818ts￿e wth embrojth rèlated roquirerr*nts. 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•r*ffi tswid•rt• publi8h•a by th• Charlty CommlJ8lon for Jt rd thè pojw Tru•1￿0 genoral guidan that they have r￿rr￿j to the gukJ8n¢• cont8W In Th• CMrty Commis•ion'• publlc benefft when rnviww th• Tru** alns 4nd In plgnnkng futur• irg th• qfart m￿0 f(Yth• y•w Stru¢iuY•. 9QV Th• Tru•tw • tiw a y•ar. P E￿In, L A Pal ar• L￿ryMan. 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•m￿n •nd M P•lmor£d9eeumb• to d•y adnmnl￿rOt1?n kn the rnwJon81￿Ity 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 eX￿lin9 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 In1￿rn￿n 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 Pa*ner￿lI￿rt* are nwmters of that Rl•k Al Thè Tru•tw• h reL*AI to th• o pr(¢edu￿8 are i 8yStwn8 and pr th• ff**r rf•k8 lo vmkh the Chath 18 eXp￿ed. In ￿kular ttK>#e yJng aThJ the Charity and ￿ sausfiod that •*u4ts syitems and urg8 arg f¥guWty rnvw*d. A8P*tdthep at f•aBt thm tkno8 A y•w tr) tm I1)•￿1 p￿lI)n of tm Tnmt •nd oth•T 6*Jer applkatK)n• lor grnnts matt*r¥ lo . The Tru8tee8 •r• Ipprcpr￿le i . The Trwt Rthk R¢gl•ter rrinknffjiw 8ny r*k 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 Pr￿Id0 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 app1v￿b financial ygar yèw and of ts l*vi•*, th• T to arhy 1144le• tro TnAt••fy to prnp•re ￿nts tr the gNo a tn￿ 8nd fair vw ol tho charItab￿ Tn*t's fir￿￿1 actryitm durirvJ a￿￿9[ pcsit>)n at the érKI yaAr. In wepwiig the tr*t a￿1 8t••B 8hou*J teat and.. SU t)d8 and prvit¥w in the Charii*s SORP: 8t4te w have r 8pplc4bkn UK h<¢wnti￿ star￿0rd1 arn1 Ststan￿ts of R•tsynThrthd Praekni to arty n*t•rW departurot d•¢k4•d and In th• flnan¢lo1 pryre thè that the cha n￿￿91 •tatM*nt8 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• Ch*th• epJtsl R8oul*icTh 2C#]8 to th• •y1￿t r•quw•d to prO￿ts • true and folr Th1• •d ftJlc**tng Ac￿ntil￿4 RepO￿.￿g ty ch￿￿¥.. St￿¥￿0nt of R•rorrmonthl to prop•riNd thew o¢c(￿Trts ￿ Keord8nce w*h 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 •c￿ur￿ng rthxrd• that dIsdo￿ wrth rwonab ting t￿ finanoal po8itk)n cl th8 Trujts. They are akno rB¥JoMibl8 for ubjuard Tru8ts •nd honc• Ic¢ 1*trg rnHon*Jl• •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 8t*14 R•pJpoth• rg•pon•lblll of Ini8t•o0 and •xarnl ChwW$ TrLtstee84rn reB￿n￿lI￿ tho preparalth) oftho *CxX￿nt8. Th• ChoriV6 r TW$t￿ conBldor that an a￿S￿ Is [￿t rnqui￿ for lfvs yèar lund¢r S￿￿Orb 144121 of Chath• Ad 2011 (ts 2011 Ad) aNI that w Indewid*M ￿8￿1Th?￿On Is negdod. 8X8mlna Iho ¥c¢wnts 8￿tkIn 145 ofthe 2011 A¢t. to folkm the w¢<*lures lakl the gewal Dlre&lon8 glw by tho cha￿ COMM￿8￿ ￿1?1 a•clon 145{51(bl oftho 2011 Act, ond of Ind•pBnd•nt •xamln•rf• •tst•Thnt commlulon. An oxthnokn lThJL*J•8 a ￿ ofthe attfjunllng recordB kopl by tr$• th8rtty ¥ c*mp￿SOft offv xo)unts prwent•d ￿1h th08e regyd8. It 8110 Ir￿￿3 nslderatjon olary unu•u81 or dL¢dowr88 In Ihe •)>wrt8 And 88eklng aWanauc￿O the tru8taM oncemlThJ any •uth ffl81kn. Th• kyoc*dm uTrJ8rtak•n do not wovlde the •vbJence thatwould b8 rtrJuir8d In an a￿1￿. 8nd Q)n8•qu8￿ty Th) oplnkn 1$ glven a• to w*thrthe j¢oj￿￿ and f* th¢ rw>ort h UMW tolho#• 1ndopond•nt•W￿n•rf• 11) to keep w￿n11ng 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• W￿reM￿nts (￿￿￿nIng lh• lom and contènt ofw>)unts $81 out In th Chaths {Aeeounts gThJ Repy181 RegWiw of2LTh othorth8n any requlremenl that tho •cc E Lumloy Tru•t•• (Chai SAceC￿nI 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>)J￿rn. Tho T apprw￿ of Ih? nIfi￿nI aGcountlrvJ polkl•B and * 1ccouft￿nq #tlnwts• emwts been w8p*ed CYJ 8 going e4rum bas*. The TNSte8s as3eu Tpthther 15 appropriat• and Kl8ntthe4J no rnatari￿ u￿ortal￿1&S rgiate4J b ￿ent8 may cast 8ynfftanl ￿bI ¢fj th? ablty ofth8dwity to o)rtlnu8 as 8 mpll•n¢• teen pwr*l under the htstixieal c*)8t cu￿nt￿)n •rKI In A¢cordane4 %￿h the ng Stsndard •pplubl• in th• UK and R•Put4￿ ol Ireland IFRS 1021 •nd Acuuntlng charit￿ S￿dard of Pwtu oppk*Jkn to ¢h8rilB6 proparing Ihrjr vfilh FRS 11r2 Ichanw SORP IFRS 10211 i88wY ty th8 Chanty comNM*Jn 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 I￿2. ng ThJt••. Qolnq ¢onc•m Th• Tnjst a golng ¢or by Ihe Clwrty. that thw• we nthioF u￿￿rta￿￿1 •Sout th• •blNty to contlnu• ncyany wntsnt of urwtoiity Ihgt cwrykng Val￿ of al￿ts hold Incom• And •n AJI knconKt18 11 bo nkn*l one• th• C* h*• •rtthmenl to the kK(xne. th*t th• I￿￿rn• am0￿rt dlhe Inconx r0e￿•ti￿ c•n b• m•A8ur•J r•labty. Donatlon• thxl Don•tKJn8 •r¢ nl••J wfr*n Clwty tr• b••n In wr*Jng Ot ixth the •nd In th• •￿nt that A don•twJn ri ￿b￿cl 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 luh5th￿t of thc•e condttbJnB 18 whouy of the Charlty aTrJ it Lg Ihat the¥• ¥&ill bo Ihg rwtkng recOgnI￿d 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 al￿ed tt* endrtur¢ heading that aojrwe 8knIknr ¢0gts to ihat C4te£4)ry. kn colts C￿nt For lh• Y•v £￿I•d S Ayll 2024 Gov•rn•nc• These Include requtmments. V•lu• Add•d T Value Added T Sl&tem*tt of Fi Flx•d M••t I Fixed ass•t in thfr b*n¢è sh 4twn 881•8 tmnls. Othor than wogrwnn* r￿at￿ lnwltrn￿. aro k)duded at mth*•t valu8 It tyatts. Raalwd galrwd 8ThJ I￿£85 on knNeBl￿ arn rakul3t*J 86 th& d￿re1￿• and Ihw market y￿U0 Al tho sthrt of th• yoar, or their 8ubsequ?nt C￿1, and Unr•*lB•d gain creditad ex char Ind IrAW repre8•rrt in mwknt valutss duJlng th8 yoar and to Ihg Stalerrml of Fh*rthl bawl ￿ th• m•ket varu& at Ihe year trnd. Fub)d •truetur• UnT98trI￿ 1 fiJrtheranc• d t D￿￿nIted Tru8tw. fftMKI• w• ItrAt •r• for •t th• Tw•t•M' dknu•tiw in objec￿¥ ofth• Cha￿. unrn*vXI 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•tn￿t 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(c￿nIan Indepond•nl 4.200 4.2 3,870 2,180 2,180 2,180 1150 1 160 760 7610 7510 11716 I￿8 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 r￿0¥8 5.442 10 Cr•dllor•: ouni• Idllng du• h*hln on• y•w Sun(ty ¢r•Jitors 3.110 2.910 11Fw 8*lan￿ at 6 Incomlno R••our¢o• B•l•nu 4t o Aprfl G•r*rnl 863,ClJ3 89.331 148 438 22 547 151.th81 680,888 Movemfrt kn I Tot*1 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 188*8 Curr*rt 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 Tr￿t 12.0 250 250 5th) 10.C#)o Pnnco88 H • fund Corporakn d L" Anny BenevO￿n 1,800 omgany 470 470 1,CKIO Hand & Cy8lk Fforolis T Cty Spxtal Evo L￿ry- No Goln 8hok••pe•r•'s Royal ethfjbh Log IG*rdM ofRwI￿￿r*K•1 2FJ) 3.0)0 250 Bexley & Levtsh Que8n Elizabeth Sddkn., Saknr8 750 tthrsh* TnMI y (CorDI￿X￿) Cw(wl P•a• 13 to thfr FI￿ncIlI 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