THE THORESBY CHARITABLE TRUST
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
Registered Charity
Number 277215

THE THORESBY CHARITABLE TRUST
l N D EX
Year ended 31 March 2023
Page
General information
Annual report
Independ•it examiner's report
Ststement of financrdl actwities
Balance sheet
Notes to the flnanci21 statements

THE THORESBY CHARITABLE TRUST
GENERAL INFORMA TION
Yeav ended 31 March 2023
Tvustee5
D Thome
C Firr
K Pierrepont
Registered <harity number
277215
Registeved officè
Estate Office
Thore5by Park
Newark
Not¢$
NG22 9EQ
Tvust summary
The charlty was formed on 15 December 1978 hnd fvnded
irs the short perSod thereafier by dona£ions Eotalling
£204.985.
The Income and capFt21 of the Trusr Is held by the TNstees
for such charitable purposes 2$ they thlnk fit.
Independent examlner
Steven WakefiÈld ACA
Dixon Wilson
22 Chancery L2ne
London
WC2A I LS
Bank¢rs
Barclays Bank PLC
Solicitors
Wedlake Bell
71 Queen Victoria Street
London
EC4V 4AY
Investment managers
Cazenove Capital Man2gemenc
l London Watl Place
London
EC2Y SAU

THE THORESBY CHARITABLE TRUST
ANNUAL REPOR T
Yeavended 31 March 2023
The Trus¢ees submit their rerM)rt and accounts for the year ended 31 M2rch 2023.
Constltutlon
The charity is constituted by a trust deed dated 15 December 1978.
Trustees
The Truscees wha h2ve served during Ehe year are those shown on page l New trusLees are recommended by one
or more ol the existing trustÈes, and their appointment IS COll51dered by the other trustees.
The Trustees haye the power to invest as they thinlc fit 2ny funds not Immediately required. The majority of the
Fund is held in quoted securities which are managed on a fully dlscretionary basis by Cazenove Capital
Management.
Objèct and pollcles for the public benefit
The objecL of the Trust as set out in the Trust Deed is to apply the Trust lunds. at the Trustees. absolute
distretiori, to 2ny chaiitable body, 2ssoclatlon or organisation, for charitable purposÈs.
It is che TrusTres' pollcy to distribute the income arfslng whilst maintsining the capÉtal real ￿rMs.
There has been no ehange In these policies stnce the last annu￿ report.
Public b¢n6llt
The Trustees. hawng regard to the publle benefit guldance published by the Charlty Commission in accordance with
5ectlon 17 of the Charities Act 2011, conslder that the PL¢rpose and activicies of the eh#rity satisfy the requirement5
of the publSc benefit test set out In seetion 4 of thÈ samÉ 2CL
Ovganisation
The charity is governed by its trustees who may exercise all the powers ctsntilned within the Trust Deed.
The managcmenc of the financial affai￿ of the charity is overseen by Pierrepont Estates Management Limlted on
behalf of the Trusteek All enquiries 2nd applications for donatyons Should iEEitially be addrÈssed to the regtstered
office.
Resèrves Pollcy
The Trust has power to dlstribute capital and income. It 15 the policy of the Trust to maintain funds suflicient to
cover management and idminiscrntion oxpcnses. Tmstees may retaln surplus income which 15 accumulated to enable
the Trustees to provide for its tharifable objectlves. At 31 March 2023 total unresirictrd reserve5 held amounted
co £1,309,953 P022 - 11,393,188).
Revtew ofthe year
Incoming 2nd outgoing resour￿$ for the year are set out In che Statement of Financial Activlties on page 6. In che
year to 31 March 2023, £40,550 was paid oui to 31 differeE)t causes12022 - £50,965 co 46 dilferent tausesl. In the
opinion of the TruS￿e5, Ehe tharlty's general progress is satisfactory.
Investments
Total loss on investment assets during the year were £110,034. compared to gxlns of £48,219 in 2022.

THE THORESBY CHARITABLE TRUST
ANNUAL REPOR T ICONTINUEDI
Year ended 31 March 2023
Financial statements
These are set out on pages 6 to 12. These hive been drawn up in compliance with the relev**t provision5 of the
Charities Act 201 I, and with the Trust Deed.
For 2nd on behalf of the Trustee5
K PIERREPONT
2024

-HE THORESBY CHARITAI',I_E-I"RUS'r
I N D EPE N D E N T EXA M I N E R, S R EP O R T
Year ended 31 March 2023
IndependÈnt examiney's report to the Trustees of the Thoresby Charitable Trust
I report ¢0 the Trustees on my èxamln2tion ol the accounts of the Trust for the year ended 31 March 2023.
Responsibilittes and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounis in accordance with the
requirements of the Charitie5 Act 2011 (the Act,). You are satisfied that an audit is not required for this year
under charity law and that an independent examSnation is needed.
I IEport in respect of my examination of the Trust's accounts carried out under sectioTr 14S of the 201 l Att and In
can'ying ouc my examiMatlor] I have followÈd all the applicable dlrections given by the Charity Commission UDder
section 145{5llbl of the Act. Dtxon Wilson, a firm of Ch2rtered ACCOUnt￿tS of which l am an employee has
provided booklceeping services to the Trust and I have applied the FRCS Revised EthIC￿ Standard In carrying out
my examinacion.
An independent examlnation does noc involve gathering all the evtdenee that would be requSred in an audit and
consequently does not cover all the matters thac In auditor considers ill giving thelr opinion on the accounts. The
planning 2nd conduct of an audi¢ goes beyond the liml¢ed assurance that an independÈnt examination can provide.
Consequetitly* l express no opinion as to whether the accounts pi'e5ent a 'true and fair, view and my report Is
limited to those speclflc matters set out in the independent examiner'$ 5tAtement.
Independent examiner's statèment
l am q￿alifIed to undertake the èxamination by beirkg a qualified member of the Institute of Chartered Actountants
in England and Wales.
I have completed my examination. I confirm that no material mittrrs have come to my a¢tention connectlon wlth
the examin*tlon glvlng me cause to belÈeve that In any miterol respecL'.
2ccounting records were not kept in respect of the Trust as required by sectlon 130 01 the Act: or
the accounts do not tccord with those records., or
the actounts do r￿t comply with the applicable requiremenrs concerning the lorm and content of
accounts set out in the Charities {Ac£ounts and Reports) Regulations 2008 other than any requlrement
that the accounts glve a 'true and falr view, which is not a matter considered as part of an independent
examinarion- or
the accounts have noL been prepared in actordance with thc methods and prlnciples of the Statement ol
Recommended Practice for ac¢oun¢ing and reporting by charlcies applicable to charicies preparing their
accounts in accordance wilh rhe Flnancial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102).
I have no concerns and have come across no matters In connectlon with the examination to whlch at￿ntion should
be drawn In this report In order to enable a proper understanding of the accounts to be reached.
STEVEN WAKEFIELD ACA
Dlxon Wilson
22 Chancery Lane
London WC2A ILS
29 January
2024

THE THORESBY CHARITABLE TRUST
ST A T E M E N T O F F l N A N C I A L ACT I V I T I E S
Year ended 31 March 2023
Notè
Unre5trlEted
income fund
UnrÈ&trlcted
Income fund
2022
2023
Income and endowments from,.
Donations
18.750
250
18,750
250
Investmettt Income..
Dividend5
B8nk interest
54,619
856
53,963
55.475
53.966
Total income ond endowments
74.225
54.216
Expenditure on:
R3lslng funds..
Investment management fees
4,063
4.252
(4,0631
(4.252)
Charitable ictivitie5'.
Charltable donations
Accountancy and illdependeni examination
Legal and prof&s5Tc*Yal fees
B2nli charges
40,550
2.280
528
50.965
2.160
143.3631
(53.126)
rotal expenditure
Other rÉtognised {losse5)Igaln$
147,4261
{57,378)
Gains on investment a$sets'.
Reallsed gain on dSspos&l ol Investrnents
Unrealised {10ssygain on revaluation
of investments to market value
1.610
1110.034)
46,609
Total athÈr ￿tOgniSed Qosses)Igaln$
(110,0341
48,219
Net movement In fund5
183.235)
1.393,188
45,057
1,348.131
Total funds brought foThRrd at l April 2022
Total ￿ndS carvied foyward at 3 1 March 2023
(page 7)
1.309.953
1,393,188
All amounts are in respect of continuing operauons.

T14E THORESBY CHARITABLE TRUST
BA LA N C E S H E ET
At 31 Mavch 2023
Note
2023
2022
Fixed assets
Investments ic market value
1,254.429
1.365,047
Cuyyent assets
C2sh at bank and In hand
Debtors
58,774
3.750
14.913
528
62,524
35.441
Liabilltles
Creditors= amounts falling due within one year
Net current asS¢ts
,000)
55,514
(7,3001
28.141
Total net assets
1.309,953
1.393,188
Unrèstrlcted fund (page 6)
1,309,953
1,393.188
The Ilmanc￿l statements on pages 6 tts 12 were approved by the Trustee5 On
signed by'.-
29 January
2024 and
K PIERREPONT

THE YHORESbY CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended 31 March 2023
Accountlng policie5
Basis irfaccounting and a55es$meNt of going concern
The financ￿1 statements have been prepared in accordance wlth the Statemenr of Recommended Prnctke.. Accounting at
Keporting by Charltles prepAring thelr accounts accordance with the FIn￿e￿aL Repordng Sr8Ddard app(icable in the UK and
Republlc of l¥Èland {FRS 102 SORP) issued In October 2019, the Financ￿1 Reporting Standard 2ppll£able in the UK atKI
Republlc of Irdand {FRS 1021 and thè Ch2t4des Att 2011.
The Trust constiture5 a pubSlc benefit entlty as ddnÈd by FRS 102. Assers and Ilabilities are Snlt1311y recognlsed at historical
ost or transactlon unless odierwÈse stated In the relevant account4ng polity note.
The Trvsoes con$lder that there are no matÈrE21 uncertainties about the Trust's 2bllity to continue a5 a going concern.
Income
There has been no oftsetting ol assèts and li2bllit4e5, or income and expenses, unless required rw permIt￿d by the FRS 102
SORP or FRS 102.
Donations are recognised when the Trust has entidement to the income, there ts reasonable assurnncÈ of receipt and the
atnount of incorne can be measured relIab￿-
Gift Ald receivable b Intludtd in Income vthen therels 2 valid declaration fmm the donor. Any Gift Ald 2mount recovered
on a donafioll is con5idewd ¢0 be part of that wft and 15 t￿lled 2s in additi¢YI t¢ the s3me fund as the initkal donatK*n unless
the dtsnor or the tenns of the appeal have specrfied otherwise.
Income from ir>trrest royalties 2nd diyidends is included In the accounts when recelpt Is probable and the amo(Jht recelwdblè
can be measured relribly.
Investment ￿1n$ losses Includes any realised or unrealised gains or Eosses on the sale of Inv*stsnents afid any galn or1055
resultkng Irom reyrflulng investments to rnarketvaknÈ atthe end of the year.
Expenditure #nd Ilabllities
LiabilIt￿s are recognised gs soon as there 15 8 legal or conS￿etIVe obligation committing the Trust to the expenditure, it is
prob2ble that settlemÈn¢ will be requlred, and the amount ol the obligat￿￿ can be measured reliabty.
Al exP￿dItUre Is accounted tor on an 3CCr￿alS basls.
The charity has creditor5 whkh are measured at setdernentHmounts.
Fixed asset Investments in quoted shares. traded bond5 and slmilar investments are valued initially at C05¢ and wbsequently
atfair va￿e {thelr mad￿t value at bld prKe) atthe ye2r end.
Debtors {hcluthng trade debtors 2nd loans recewable) are measured on Inidal recognition &t 5etdement amount after any
2mount adwdnced by the £harity. Subsequentty, they arè measured at the cash or other Conside￿tK}n expected to be
received.
Taxatlon
The charity 15 exempt from tsx on income 2nd gain5 falling wlthin section 505 of the Taxe5 Act 1988 or section 252 of
the Taxatlon of Chargeable Gain5 Act 1992 to the extent that these are applied to Its charitable oblectives.

'1'14E. THORESBY CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended 31 March 2023
Chavitable Donation5
2023
2022
I st C2rlton-in-Lindrlck Scout Group
Asthma UK
Aurora Wellbelng Centre5
Autism East Mid12nds
Beaumond House Hosplce
Blind Veterans UK
Brici$h Epilepsy Associauon
CASY (Counselling & Support lor Young People)
Chlldren wlth Cystic Fibr051s DrÈam Holidays
Citizen5 Advlce Broxrowe
Cornw*ter Evergreens Foundaciot) Trust
Crackerjacks Children's Trus¢
Criminon UK
Eaeh Amazing Breathe
Edwinstowe PCC - St Marys
Edwinstowe Royal British Legion
European Squlrrel Ini¢SatlYe
EMICS
HÈtty's
HotHouse Theatre
IwbCPSt and Sexual Abuse Surylvors
Joshua Williams Racing
Knee5all Churth
Laxton & Moorehouse PC
Maggies Nottingham
Mending Inlured Minds
Motor Neurone Di5ea5e Assocfjation
My Sight Nottinghamshire
NARA The Breathing Charity
N2tional Kldney Foundation
Nottingham Arts Theatre
Nottingharn5hlre Historic Churches TrusL
Nottlnghamshire Hospice
Parish ol St Peters Church Ravenshead
PDSA
Police ComEnunlty Club5 of Great Britasn
RABI
RNIB
Rhubarb Far
S.H.E UK
Safe Families
School Readers
Shawmind Foundation
Skills Exchange NG7
Southwell Cathedrl ChapTrr
Stlohn5 Church- Perlethorpe
St Margarets PCC
St Mary the Virgin
rAA
Support Through Courr Nottingham
500
1,140
1,000
1,140
1,000
1.500
2.400
750
500
1,500
500
1.000
1.000
1,500
1,000
2,050
750
1.000
1,00
500
3,000
1,000
1,000
344
500
2,000
5fK)
1,500
300
2.750
725
1.000
1.500
650
1,246
750
soo
1,000
600
250
I,(￿)0
500
2,000
500
2.000
250
750
1,000
500
7,5(Kl
2,0
1,000
1.500
500
1,000
400
750
2,750
1,000
2,500
1.000
750
1,500
1,750
Carried forward
35.030
43,215

THE THORESBY CHARITABLE TRUST
NOTES TO THE FINANCIAL ST A TEMENTS
Year ended 31 March 2023
Charitable Donatlons (contlnued)
2023
2022
Brought forwdrd
35,030
43,215
Teenage Cancer Trust
The Fire Fighters Ch2fiLy
The ROYAI AgrSculturl Benevolent As50tlation
Think Children
The Brain Tumour Charity
Theodore Children5 Charity
Wainman Twst
Willow Foundttlon
Woven Refor
Zibby Garnett Travel Fellowship
Total
I,soo
1.500
500
1.520
500
500
750
1,000
2,250
1,000
1,000
1,250
40,550
50.965
Accountancy fees
2023
2022
Accountancy fees payable to the Independent examlner's firm as follows=
- Examln2tlon
- Accountancy
340
1,940
300
1.860
2,280
2,160

T14E THORESBY C.HARITABLE TRUST
NOTES TO THE FINANCIAL ST A TENENTS
Year ended 31 March 2023
Investments
The Trustees, Itivestmènts were made up as follows-
At l A rll 2022
AddltlonslDisposals
At 31 March 2023
Marf￿t
value
Market
value
Cost
Cost
Galn
Cost
Schroder Charity Multl-a5set Fund
1.200,412
1,365,047
{5841
1.199,828
1,254,429
The market value ol the fullowing securities individyally represents greater than 5% of the total market value of the
investments and are therefore considered materi21 to the fEn2ncial statements.
Market value at
31 MaY¢h 2023
total investments
Schroder Charicy Multl-assot Fund
1,254,429
loo%
Marl<et value
At l April 1022
Equalisation
Net loss on revaluation
1,365,047
{5841
1110,0341
1,254,429
At 31 March 2023
nvestments at market Yalue consist of
UK listed Investments
1,254.429

I'HE THORESBY CHARITABLF. TRUST
NOTES TO THE FI NANCIAL ST A TEMENTS
Year ended 31 March 2023
Debtors
2023
2022
Gift kid debtor
Other debtors
3,750
528
3,750
528
Tru5tèe$' remuneration and expenses
Neither the Trustees nor any person connected with them received any remuneration or reimbursement of
expenses durin8 the year.
Creditors: amounts falllng due wlthln one year
2023
2022
Account2ney
Invesiment m2nagement fee5
3,400
3,600
3,700
3,600
7,000
7,300
Financlal assets and liabllltles
The charity h&s financial assets and financltt liabilɢies of 2 klnd thit qualify as basic financi21 instruments. These are
Inltlally recognlsed at transaction Vdlue and subsequendy meksured at theÈr amoriised COSL
Financlal assets
2023
2022
Cash at bank and In hand
Glft aid debtor
Other debtors
5&774
3,750
34,913
528
62,524
35,441
Financial Ilablllties
Other creditor5 2nd aecruals
7,000
7,300
7.000
7.300