THE THORESBY CHARITABLE TRUST
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2022
Registered Charity
Number 277215

THE THORESBY CHARITABLE TRUST
l N D EX
Year ended 31 March 2022
Page
Gener21 information
Annu￿ report
Independent examiner's report
Statement of financial actlVltie5
Balance sheet
Notes to the financial Statements

THE THORESBY CHARITABLE TRUST
G E N E RAL I N FO R MA TI O N
Year ended 31 March 2022
Trustees
D Thorne
C Farr
K Pierrepont
Registered charity number
277215
Registered office
Estate Office
Thoresby Park
Ne￿rk
Notts
NG22 9EQ
Trust summary
The chariry wa5 forrned on 15 December 1978 and funded
in the 5htrrt period thereafter by donations totalling
£204,985.
The income and capital of the Trust is held by the Tru5tee5
for such charitable purpose5 as they think fit.
Independent examiner
Steven Wakefield ACA
Dlxon Wilson
22 Chancery Lane
London
WC2A I LS
Bankeys
Barclays Bank PLC
Solicitors
Wedlake Bell
71 Queen Vittorta Street
London
EC4V 4AY
Investment manager5
Cazenove Capital Management
l London Vvall Place
London
EC2Y SAU

THE THORESBY CHARITABLE TRUST
ANNUAL REPOR T
Year ended 31 March 2022
The Trustees submit ¢heir report and atcounts for the year ended 31 March 2022.
Constitution
The charity is constituted by a crust deed dated 15 December 1978.
Trustees
The Trustees who have served during the year are those shown on page 2. New trustees are recommended by one
or more of the existing trustees, and their appointment 15 considered by the other trustees.
The Trustees have the power to invest as they think fit any funds not immediately requlred. The rnajority of the
Fund is held in quoted securities whlch are rnanaged on a fully discretlonary basi5 by C3zenove Capital
ManagemenL
Object and pollcles for the public benefit
The object of the Trust as set out in the Trust Deed is to apply the Trust fund5, at the Trustses, absolute
¢Jiscretion, to any charitable body. associat40n or organisation, for charitable purposes.
It is the Trustees, policy to distribute the income arising whllst maintaining the capital in real terms.
There has been no change in these policies slnte the last annual report
Publlc benefit
The Trustees, having regard to the public benefit guidance published by the Charity Commission in accordance with
section 17 of the Charities Act 201 I, consider that the purpose and actNities of the charity satisfy the requirements
of the public benefit test set out in section 4 of the same act.
Organisation
The charity is governed by Its trustees who may exercise all the power5 contained within the Trust Deed.
The management of the financial affairs ol the charity is overseen by Pierrepont Estates Management Lim1ted on
behalf of the Trustees. All enquiries and applitadon$ for donations should initially be addressed to the regIS￿red
office.
Reserve5 Policy
The Trust has power to d15tribute capital and income. It Is the policy of the Trust to maintaln funds sufflclent toi
cover management and administration expenses. Trustee5 may retain surplus income whlch is accumulated w enable
the Trustee5 to provide for its charitable objecrwes. At 31 March 2022 tot21 unrestricted reserve5 held amountsd
to £1,393,18812021 £1,348,131).
Revlew of the year
Incoming and outgoing resources for the year are set out in the Statement of Financia1 Activitie5 on page 6. In the
year to 31 March 2022. £50,965 was paid out to 46 different causes12021 £18,750 to 20 different cau5e51. In che
opinion of the Trustees, the charity's general progre55 is satisfactory.
Investments
Total gain on investment assets during the year were £48.219. compared to gains of £207,319 in 2021.

THE THORESBY CHARITABLE TRUST
ANNUAL REPOR T ICONTINUED)
Year ended 31 March 2022
Finanelal statements
These are set out on pages 6 to 12. These have been drawn up in cornpliance with the relevant provision5 of the
Charities Art 201 I, and with the Trust Deed.
For and on behalf of the Trustees
K PIERREPONT
30- 2023

THE THORESBY CHARITABLE TRUST
I N D EPEN D E NT EXAM I N E R'S REPO R T
Year ended 31 March 2022
Independent examiner'$ report to the Trnstees of the Thore5by Charitable Trust
I report to the Trustees on my examination of the accounts of the Trust for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in ¥cordance with the
requirement5 of the Charitie5 Act 2011 I'the Act'l. You are satlsfied that an audit Is not required for this year
under charity law and that an independent examinttion is needed.
I report in respect of rny examination of the Trust's accounts carried out under section 145 of the 2011 Art and in
carrying out my examination I have followed all the applicable directions &￿Ven by the Charity Commission under
section 14515llbl of the Act. Dixon Wilson, a firm of Chartered Accountants of which l am an ernployee has
provided bookkeeping services to the Trust and I have applied the FRC'S Revised Ethical Standard in carrying out
my examination.
An independent examination does not involve gathering all the evidence that would be required in an audit and
consequently does not cover all the matters that an auditor considers in giving thelr opinion on the iccounts. The
planning and conduct of an audit goes beyond the limited assurance that independent examination can provide.
Consequently. l express no opinion as to whether the accounts present a 'true and fair, view 2nd my report is
limited to those specific matter5 set out in the independent exarniner'5 Statsment.
Independent examiner's statement
l am qulified to undertake the examination by being a qualified member of the Institute of Chartered Accountants
in England and Wales.
I have completrd my exarnination. I confirm that no materlal matters have come to my attention In connection with
the examination glving me cause to believe that in any material respect.
accounting records were not kept in respect of the Trust as requlred by section 130 of the Act., or
the accounts do not accord with those records- or
the accounts do not comply wlth the applicable requirements concerning the form and content of
accounts Set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and flir view, which ts not a maTrr considered as part of an independent
examination., or
the accounts have not been prepared in accordance with the methods and principle5 of the Statsment of
Recommended Practice for accounting and reporting by charitie5 2pplic2ble to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK 2nd Republic of Ireland
IFRS 102).
I have nts concerns and have come across no matters In connettion with the examination to which attsntion should
be drawn in th15 report in order to enable a proper understanding of the accounts to be reached.
STEVEN WAKEFIELD ACA
Dixon Wilson
22 Chancery Lane
London WC2A I LS
31 January
2023

THE THORESBY CHARITABLE TRUST
ST A TE M E NT O F F I NAN C IA L ACTI VITI ES
Year ended 31 March 2022
Note
2022
2021
Income and endowment5 from:
Donations
250
250
Inve5(ment income..
Dividend5
Bank Interest
53,963
47.466
53,966
47.466
Total Income and endowments
54.216
47.466
Expendlture on:
Raising funds..
Invesmient management fee5
4,252
6.430
14.2521
(6,430)
Charitable activltles..
Charitable donation5
Accountsncy and independent examination
Bank charges
50,965
2,160
18.750
2.040
153,126)
157.378)
120.7911
127,2211
Totsl expendlture
Other recognlsed galnsl(losse$)
Galns on investment a55ets'.
Realised gain on disposal of investments
Unreallsed gain on revaluation
of investrnents to market value
52.564
46.609
154.755
Total other recognised gains
Net incomè
48,219
207,319
45.057
227.564
Net movement In fund5
45,057
227,564
Total funds brought forward at l April 2021
Total funds carried forward at 31 Ma￿h 2022
(page 7)
.120,567
1,393,188
1,348.131
All amounts are in respect of continuing operations.

THE THORESBY CHARITABLE TRUST
BALAN C E SH E ET
At 31 March 2022
Note
2022
2021
Fixed assets
Investments at market value
1,365,047
1.321.120
Current assets
Cash at bank 2nd in hand
Debtors
34,913
528
32,523
528
35,441
33,051
Llabilities
Creditors.. amounts falling due within one year
Net current assets
17,3001
28,141
(6,040)
27.011
Total net assets
1,393.188
1.348,131
Unrestricted fund {page 6)
1,393,188
1,348,131
The flnancial statements on pages 6 co 12 were approved by the Trustses on
Signed by.."
2023 and
30 1 2023
K PIERREPONT

THE THORESBY CHARITABLE TRUST
N OTES T O TH E FI NAN C IAL ST A TE M E NTS
Year ended 31 March 2022
Accountlng pollcles
Bas15 of accountlng and as5es5ment ofgolng concern
The financial 5ratetnents have been prepared in acwrdance with the Statement of Recomtnended PDctice'. Accounting and
Reporting by Chariiies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102 SORPI issued in October 2019, the hnancial Reporting Stsndard applicable In the UK and
epublic of Ireland IFRS 10212nd the Charitie5 Act 2011.
The Trust conttitutes a public benefit entity as defined by FRS 102. Asset5 and liabilitie5 are in￿￿￿11Y recognised at historical
cost or transaction value Unle￿ otherwise stated in the relevant accounting policy note.
The Trustees consider that there are no matsrial un￿rtaIntleS about the Trust'$ ability co continue ￿ agoing concern.
Income
There has been no tsffsetting of assets and liabilities. or Sncome and expenses, unless required tsr permitted by the FRS 102
SORP or FRS 102.
Donations are recognised when the Trust has entidement to the income, there is reasonable assurance of retript and the
amount of income can bo measured reliably.
Gft Aid receivable is included in Income when there is a valid decL3ratltsn from the donor. Any Grft Aid amount recovered
on 2 donation is considered to be part of that grft 2nd is treated as an addition to the same fund as the inioal donation unless
the donor or the term5 of the appeal have spetified othenvise.
Income from interest roydlties and d￿ld￿ndS is included In the accounts vthen receipt is probable and the arnount recewable
can be measured relthly.
Investment gain5 and losse5 includes any realised or unrealised gains or ltssses on the sale of hvestments and any gain or loss
resultlng from revaluing investments to market value at the end of the year.
Expendlture and Ilabllltles
abilities are recogni8ed as soon as there is a Wl or constructiye oblwation committing the Trust to the expendiwre. it 15
probable that Settlement will be requlred, and the amount of the Obli￿tIOn can be M￿SUred reliabty.
A11 exPend￿tUre is accounted for on an accruals b3Si5.
No matsrial itern of deferred incorne has been included in the accounts.
The charity has creditors which are measured at Settlement amounts le55 any trade discounts.
Assets
xed asset investments in quoted shares traded bonds and 5irniLar Investsnents are wdlued initialty at cost and 5ubsequendy
atfair value (their market value at bid price) at the year end.
Debrors lincludlng tfdde debtors and loans receivable) are measured on initial recognition at setdement amount after any
trnde discounts or amount advanced by the charity. SubsequentSy, they are measured at the cash or other consideration
expectsd to be received.
Taxatlon
The tharity is exetnpt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of
the T3Xition of Chargeable Gains Act 1992 to the emnt that these are app5ied to its charitable objectNe5.

THE THORESBY CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended 31 March 2022
Charitable Donations
2022
2021
1st Carlton-In-Lindrick Scout Group
Ashfield Citizens Advice
Asthma UK
Aurora Wellbeing Centres
Autism East Midlands
Beaurnond House Hospice
Blind Veterans UK
British Epilepsy Association
British Red Cross
CASY ICoun5elling & Support for Young People)
Cornwater Evergreens Foundation Trust
Crackerjack5 Children's Trust
Criminon UK
Each Amazing Breithe
E¢Jwinstowe PCC - St Marys
EMICS
Hetty's
HotHouse Theatre
Incest and Sexual A6u5È 5urYiYors
joshua Williams Raclng
Kneesall Church
Laxton & Moorehouse PC
500
750
760
1,000
1,500
2,400
750
500
1,390
750
1,500
750
1.000
1,000
500
3,0(X)
500
2,000
500
1,500
300
2,750
725
2.750
Maggies Nottingham
Mending Injured Minds
Motor Neurone Disease Association
MyAware
NARA The Breathing Charity
National Kidney Foundation
Nottingham Arts Theatre
Nottinghamshire Wildlife Trust
Nottlnghamshire Hospice
PDSA
Port12nd College
Police Community Clubs of Great Britain
RABI
RNIB
Rosy May Foundation
S.H.E UK
Safe Fimilies
School Readers
Shawmind Founda￿On
Skills Exchange NG7
Southwell Cathedral Chapter
StJohns Church- Perlethorpe
St Mary the Virgin
Support Through Court Nottingham
Teenago Cancer Trust
The Fire FEhters Charity
The Edwin5towe and The Dukeries Lion Club
The Re5Plte Associatlon
Carried forward
1,000
1,500
650
1.000
100
1,000
600
250
500
500
2,000
250
1,000
750
i.o(x)
500
750
I.ODO
1.500
500
1.000
400
750
2,750
750
1,750
1,500
500
500
i.ooo
13,250
45,215

THE THORESBY CHARITABLE TRUST
N OT ES TO T H E FI N AN CI AL ST A TE M EN TS
Year eE)ded 31 March 2022
Charltable Donations (continued)
2022
2021
Brought forward
45,215
13,250
The Royal Agricultural Benevolent ￿SocIatIon
Think Children
Thomas Mtsrley Trust (Disabled Sailor5 Association)
Thoresby Park Cricket Club
TreetOP5 Hospice Care
Wainman Trust
Vvillow Foundation
Woven Reform
Zibby Garnett Travel Fellowshlp
Total
1.000
soo
500
1,500
1,500
1.000
1,000
2,250
1,000
1,000
50,965
18.750
Accountancy fee5
2022
2021
Accountancy fees payable to the Independent examiner's firm as follows..
Examination
Accountancy
300
1.860
300
1,740
2,040
2,160
10

THE THORESBY CHARITABLE TRUST
NOTES TO THE FINANCIAL STA TEMENTS
Year ended 31 March 2022
Investments
The Trustees, investments were made up as follows..
At l Aprll 2021
AdditionslDlsposa15
At 31 March 2022
Market
value
Market
value
C05t
Cost
Galn
Cost
Schroder Charity Mul￿-￿Sset Fund
1,187,796
14,2921
1,200,412 1,365,047
The market value of the followlng Securities individually represents greater than 5% of the total market value of the
investments and are therefore considered rnaterial to the financial statements.
Market value at
31 March 2022
%of
total investments
Schroder Charity Multi-asset Fund
1,365,047
loo%
Market value
At l April 2021
Addition5 at cost
Disposal proceeds
Realised gain
Net gain on reyaluation
At 31 March 2022
1.321,120
148,708
1153,0001
46,609
1.365,047
Investments at market value con51St of
UK listed investments
1,365,047

THE THORESBY CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended 31 March 2022
Debtors
2022
2021
Other debtors
528
528
528
528
Trustees. remunerdtion and expenses
Neither the Trustees nor any person connected with them received any remuneratlon or reimbursement of
expenses during the year.
Creditor$: amounts falling due within one year
2022
2021
Accountancy
Investment managernent fees
3,700
3,600
2,440
3,600
7,300
6,040
Flnancial assets and liabilitie5
The charity has financial assets and financlal liabilrcies of i klnd that qualfy as basic financial instruments. These are
initially recogni5ed at tran5aCtiQn Value and subsequently mezsured attheir amort15ed cost.
Flnancial assets
2022
2021
Cash at bank and in hand
Other debtors
34,913
528
32,523
528
35,441
33.051
Financlal liabilities
Other cred1tors and ￿cr￿al$
7,300
6.040
7,300
6,040