The D. G. Albright Charitable Trust
Trustee5' Report and Accounts
For the Year Ended
Sth April 2024

The D.G. Albright Charitable Trust
Trustees, Report for the year ended 5th April 2024
The Trustees present their report together with the financial Statements of the tharity for the year ended
5th April 2024. The financial statements have been prepared in accordance with the accounting policies set
out in note I to the accounts and comply with the charity's trust deed, the Charities Act 2011 and the
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Finantial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I january
20151.
Reference and Administrative details
Charity Name
Charity Number
The D.G. Albright Charitable Trust
277367
Charity Address
Old Church School
Hollow Street
Great Somerford
Chippenham
Wilts. SN15 5JD
Trustees
R.G.Wood
Dr. The Hon. G. Greenall.
Banker
Lloyds plc
Stockbroker
Inve5tec Wealth & Management
Independent Examiner
A. lohnstone FCCA
Johnstone Kemp Tooley Ltd.
Structurei governance and management
The D.G. Albright Charitable Trust is constituted by Trust Deed dated 12th December 1978 and is a
registered charity.
The Trustees are ernpowered to apply the funds for or towards such charitable purposes as they, in their
absolute discretion, think fit. The Trust does not actively fundraise and seeks to continue the charitable work
desired by the donor through the careful stewardship of its existing resources.
At the trustees, meetings, the trustees agree the broad strategy and areas of activity for the Trust, including
consideration of grant making, investment, reserves and risk management policies and performallce.
All trustees give thelr time freely and no trustee remuneration was paid in the year.
The trustees have considered the major risks to which the charity is exposed and have revlewed those risks
and established systems and procedures to manage those risk5.
The trustees consider the variability of investment returns to constitute the charity's major financial risk.
The trustees also take account of the outlook for investment returns and keep the level of awards under
review.

The D.G. Albright Charitable Trust
Tru5tee5' Report for the year ended 5th April 2024
Objèctives and activities
The objects of the Trust are to provide help to worthwhile charitable causes with particular emphasis on
those with activities in the parish of Bromesberrow, the Surrounding area and northern Gloucestershire, but
without excluding national and international causes.
The Trust carries out these objectives by providing grants in line with the above to applicant5 selected on
merit at the discretion of the Trustee5.
The Trusts, aims were carried out for the public benefit. This was achieved through giving financial support
to 28 charitieslcharitable causes in the year which covered many different worthwhile causes.
Achievements and performance
Durlng the year the Charitable Trust made grants totalling £39,000 to 28 charities and charitable causes,
much of which was earmarked for work in Gloucestershire. A list of grants made forms part rif the annual
accounts.
Financial review
The Trust's work is reliant on income and returns from its investments and from rental income from the
freehold property.
The investment portfolio, as held by the investment brokers, is entirely made up of quoted securities.
The investment portfolio had a market value Df £1,087,407 al 5th April 20241£1,054,628 at 5th April 20231
and generated income in the year of £35,9741£41,762 year to 5th April 20231.
The Trustees continued to let the freehold property on a commercial basis during the year, Rent received in
the period amounts to £11,700. The property was revalued in the year from £550,000 to £580,000.
The Trust held cash reserves of £63,616 as at 5th April 20241£60,045 at 5th April 20231, all of which are
unrestricted funds.
The total balance of unrestricted fund5 a5 at 5th April 2024 amounted to £1.726,593. The trustees consider
this fund to be primarily an investment fund held to generate income and to ensure the stability in the grant
making programme of the trust.
Future Plans
The D.G. Albright Charitable Trust is a lasting testimony to the generosity and charitable concerns of the
donors.

The D.G. Albright Charitable Trust
Trustees. Report for the year ended 5th April 2024
Trustees, responsibilities in relation to the financlal statements
The trustees are responsible for preparing the financial statements for each financial year in accordance
with the Charities Act 2011, which give a true and fair view of the state of affairs of the charity and of the
incoming resources and application of re50urce5 of the charity for that period. In preparing these financial
statements, the trustees are required to,.
I Select SLkitable accounting policies and apply them consistentlv.
2 Make judgments and estimates that are reasonable and prudent,.
3 State whether applicable accounting standards and statements of recommended practice have been
followed, subject to any departures disclosed and explained in the financial statements,.
4 Prepare the financial statements on a going-concern basis, unless it is inappropriate to presume that
the charity will continue to exist.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the
financia5 p051tion of the charity and enable thern to ascertain that the financial Statements comply with the
Charities Act 2011 and the provi5ion5 of the trust deed. They are also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of frauds and
other irregularities.
The charity trustees confirm they have complied with the duty in section 4 of the 2011 Charities Act having
due regard to guidance published by the Charity Commission including public benefit guidance.
Approved by the trustees on 6th November 2024 and slgned on thelr behalf by*
R. G. Wood

The D.G. Albright Charitable Trust
Independent Examiners Report to the Trustees of The DG Albright Charitable Trust
I report on the unaudited account5 of the Trust for the yèar ended S April 2024.
Respertive responslbllltles of the Trustees and the reporting accountants
The charity's trustee5 are re5pon5ible lor the preparation of the accounts. The charit¥5 trustee5 consider that
an audit is not required for this year under section 144 of the Charities Act 2011 Ithe 2011 Actl and that an
independent examination is needed.
It is my responsibility to..
examine the accounts under section 145 of the 2011 Act,.
to follow prtscedures laid down in the General Directions given by the Charity Commission
section 145151 of the 2011 Art; and
under
to state whether particular matters have come to my attention.
Basls of Independent Examiner's Report
My examination wa5 carried out in attordance with the General Directions given by the Charity Commission.
An examination include5 a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in
the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is
given as to whether the accounts present a 'true and fair vie1￿ and the rep(>rt is1imited to those matters set
out in the statement below
Independent Exam5ners' statement.
In connection with my examination, no matter has come to my attention..
which gives me reasonable cause to believe that. in any material respert, the requirements,.
al to keep accounting records in accordance with section 130 of the 2011 Act.. and
bl to prepare account5 which accord with the accounting records and comply with the accounting
requirements of the 2011 Act have not been met,. or
121 to which, in my opinion, attention should be drawn in order to enable a proper understandlng of the
accounts to be reached.
Johnstone Kemp Tooley Llmlted
Solo House, The Courtyard
London Road,Horsham
West Sussex. RH12 IAT
Re8lStered In England & Wales No. 3086620

The D.G. Albri8ht Charitable Trust
statement of Flnancial Activities
For the year to 5th April 2024
Not
2024
Unrestricted Restricted Endowment
2023
Total
Total
Income and endowments
Investment income
Other income
35.974
11.700
47,674
35,974
11,700
47,674
41,762
10,950
52,712
Total Incomè
Expenditure
Cost of raising funds
Ch3ritable activities
Other costs
11,391
39,000
1,128
51,519
11.391
39.000
1,128
51,519
15,198
41,905
1,051
58,154
Total expenditure
Net incomellexpenditurel before
galnslllosse51 on investment5
13,8451
13,8451
15,4421
Net 8ainslllosse51 on investment5
70.235
70,235
144,8111
Net movement In funds for the year
66.390
66,390
150,2531
Total funds brought forward
Total fund5 tarried forward
1,660,203
1,726,593
1,660,203
1,726,593
1,710,456
1,660,203
There were no recognised gains or losses for 2024 or 2023 other than those included in the Statèment of Financial
Activitles.

The D.G. Albright Charitable Trust
Balance sheet
as at 5th Aprll 2024
2024
Note Unrestricted Restricted Endowment
2023
Total
Total
Flxed asset5
Investment5 at market value
Freehold Property
Stocks and shares
Total fixed assets
580,000
1,087,407
L,667,407
580,000
1,087,407
1.667,407
550,000
1,054,628
1,604,628
Current Assets
Cash at bank
Cash held by investment broker5
Debtors
27,331
36,285
27,331
36,285
21,828
38,217
Total current assets
63,616
63,616
60,045
Creditor5 due within one year
Net current assets
io
14,4301
59,186
14,4301
59.186
14,4701
55,575
Total assets less current Ilabllltles
1.726,593
0 1,726,593
1,660,203
The funds of the charlty
Unrestricted General Fund
Total charity funds
1,726,593
1,726.593
1,726,593
0 1,726,593
1,660,203
1,660,203
Approved by the Trustees on 6th November 2024 and signed on their behalf bv
ft. G. Wood

The D.G. Albright Charitable Trust
Notes to the Accounts for the year to 5th April 2024
l Accounting Policie5
1.1 Basis of Preparation of Account5
The Financial Statements are prepared under the historical cost convention.
In preparing the financial statements the charity follows best practice as laid down in the
Statement of Recommended Practice for Charilies in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151.
1.2 Tan8ible freehold propertv
The freehold property held for investment purpose5 is assessed annually by the trustees and
stated at market value at the balance sheet date.
1.3 Investments
Assets held for investment purposes are stated at market value at the balance sheet date.
1.4 In¢ome
Investment income is accounted for as received by the charity.
1.5 Value added tax
Value added tax is not recoverable by the charity, at)d as such is included in the relevant costs in
the financial statements.
1.6 Management and administration expenses.
These include all expenditure not directly related to the charitable activitv.
2024
2023
2 Investment Income
Income from quoted securities
Incorne from cash deposit5
35,281
693
35,974
41,419
343
41,762
3 Other Income
Donation
Rental inctsme
11,700
11,700
10,950
10,950
4 Costs of raisin8 funds
Investment management Costs
Expenditure on freehold investment property
10,122
1,269
11,391
10,180
5,018
15.198
5 Charitable activitie5
Grants and donations made in the year15ee note 111
39,000
41,905
6 Other c05tS
Accountancy and independent examination
1,128
1,128
1,051
1,051

The D.G. Albri8ht Charitable Trust
Notes to the Accounts for the year to 5th April 2024
2024
2023
7 Net g3insl{Iossesl on investmènt assets
Realised gains/llosses1 on Investments in the year
Unrealised gainslllossesl on revaluation of investments in the year
122,5251
92,760
70,235
20,799
165,6101
144,8111
8 Investment - Freehold property
The Old Rector
ht Lane
Cost as at 5th April 2024
Unrealised G3in5llL055èsI
Market Value at 5th April 2024
53,835
526,165
580,000
53,835
496,165
550,000
9 Investment- Stock5 and 5hare5
Cost as at 6th April 2023
Purchases
Sale Proceeds
Reali5ed Gainsllossesl
C05t at 5th April 2024
Unrealised GainsllLossesl
Maiket Value at 5th April 2024
944,740
128,527
1135,9841
122,5251
914,758
172,649
1,087,407
858,699
124,669
159,4271
20,799
944,740
109,888
1,054,628
10 Creditors
Accruals and other creditors
4,430
4,430
4,470
4,470

The D.G. Albright Charltable Trust
Notes to the Accounts for the year to 5th April 2024
2024
11 Donations
Bibles for Children
Bromesberrow Parochial Church Council
Butterfly Conservation
Cancer Vaccine Institute
Disabled Sailor5 As50Clation
Fields in Trust
Gloucester Cathedral, Dean and Chapter
Gloucestershire Macmillan Cancer Relief
Gloucestershlre Outward Bound Association
Great Oak5 - Forest of Dean Hospice
Hands Around The World
Hope and Homes for Children
Insight Gloueestershire
l T Schoo15 Africa
Leadon Valley Bersefice
1,000
3,000
1,000
1,000
1,000
1,000
3,500
2,000
1,000
1,000
I,ooo
1,000
1.000
1,000
500
1,000
1,000
1,000
1,000
1,000
2,000
1,500
2.000
1.000
1.000
3.000
2,500
1,000
Mission Aviation Fellowship UK
OSCAR
Riding for the Disabled, Cotswold Branch
Samaritans Gloucestershire
S.S.A.F.A Forces Help Gloucester Branch
5t John of Jerusalem Eye Hospital Group
The Air Squadron Charity
The Alms-houses Associ3tion
The Butterfly Garden
The Family Haven - Gloucester
Three Choirs Festival
Worcester Cathedral, Dean and Chapter
39,OlXI