THE F. J. WALLIS CHARITABLE SETTLEMENT CHARITY NUMBER 279273 TRUSTEES, REPORT AND FINANCIAL STATEMENTS YEAR TO 31 MARCH 2024
THE F.J. WALLIS CHARITABLE SETTLEMENT YEAR TO 31 MARCH 2024 CONTENTS Pag¢ Trustees, report Independent Examiner's Report Statement of financial aetivitie$ Balance sheet Statement of cash flows Notes to the fjnancial statements 10-15
Page I THE FJ. WALLIS CHARITABLE SELEMENT TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 The trustecs present their report along with the financial statements of the charity for the year to 31 March 2024. The financial statements have been prepared in aCcorda[e with accounting policies set out in note I to the accounts and comply with the charity's trust deed. the Charities Act 20118nd Accounting and Reporting by Charities: Statement of Recommended Prnctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014. OWECTNES AIYD AcfJviTJES IN THE PUBLIC INTEREST The charity has two broad purpose4 n8mely to build up an endowment fund for a $ignificant project or donation to be made in memory Frnncis John Wallis, the father of the senlor of the trust, and at the same time to make charitable donations to those causes that the trustees consider are in need of assistance. The Trustees confirni that they paid due re8ard to th¢ Charity Commission's guida¢ on publi benefit when deciding what activities. the Charity undertook in th¢ year and in planning what activitie5 it should undertak¢ in ihc future. Th¢ grant making lIcY is set out in the paragraph below and the Trustees confirni thal all the grants referred therein were for the benefit of the public. PROCEDURES AND GRANT.MAKING POLICY The trustees meet periodically (and are also in regular contact) to consider what grants they will make and to review any fccdback Ihcy have received relating to past donations. The trustees receive many applications for assistance but are nornially minded to help those with a link ¢0 the Walli$ family. In the past tho trustees ¢lassifi¢d th¢ ¢auses Ihat they sought to benefit and rotated the different classes of charitie5 that benefited periodically. The Trustees found thal the calegorisalion of the areas to benefit too restrictive. and so they have reverted lo making discretionary donations to any global or local charilAble purpose that either the trustees or the Wallis family particularly wish to support. Thc trust does not actively fundraisc and seeks lo continue to benefit charities in memory of Francis Wallis Snr throu8h careful stewardship of its existin8 resouiw. This year thirteen causes were supported in addition the RNLI which is supported annually. ACHIEVEMEI¥TS AND PERFORMANCE OF THE TRUST The trustees received many grant requests in ihe year. but only causes brought to the trustees by members of the Wallis family are successful. The trustees made cash granls lotslling £35.000 charitable causes as listed in Note 9 ofthe accounts. No donation p5edges were made during the year. FINANCIAL REVIEW The trust is reliant on the income from its investm¢nts whith. including bank intest, was £52,885 (2023 - £48,684). This income facilitated the charity's activities in the year to 31 March 2024.
Page 2 THE F.J. WALLIS CHARITABLE SETTLEMENT TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 continued INVESTMENT POLICY AND PERFORMANCE The truslec s investment strategy is to set a balance betii'een incotne and capilal gro]7, predoniiiiantly in UK-based equities iyhich generale liigh yields in accordancc Nvitli Ihe investment guidelines set by the Tn]stees as e.Nplaiiied in the Risk Maiianement scclion of tliis report. Tliis investmenl policy is implctnented by tlie charit), s investinent managers Iiii'esle¢ Wealtl) and Invest¥nent in order lo protect the value of the capital and income of the charity in real tern15 over the medium lemi. The Trustees note that the invcstments portfolio had a iiiarket iialue at J l Marc1] ?024 of £2,092,128 against a valuation ai the prei'ioLis year-end of £1,962.069, represcntinu an increase in value of 6.60/0 dlirinft tlie year lo 31 March 2024. Overall gains diiring the Iiear lo 31 March ?024 amounted lo £108,496 (?0?3: Iossc5 £138,801), ii,hich ivas presented by iinrealised gains on investmenls of £94.112 and realised gains on disposals of £14,384. T])e Trustees continue to keep the s¢leclion of investmei)t manager under active considerydtion. Tlie tNslee's aim ivas originally to maintain cash balances of no less ihan £iO,000 at any one time. wl)ich Ivould enable them to respond lo any applications for uanls that tlie trustees approve and to ensiire that siifficient funds are ai'ailable to coi'cr support and ¥Tovernclnce cosis. In i'ieiv of tlie fact Il)at interest generated by uii-iniiested cash ii'oiild be relatii'el), stnall tlie iiiiiesliii¢ni manager lias invested part of the portfolio in corporate Ixynds, Ivhich can bc rcali5ed at very short notice aiid give a better yield. RISK MANAGEMENT The charity's trLlStees have Considered the major risks to iyhicli tl)e charity is exposed and have revieived tliose risks and eslabli51ied s)'stems and procedures to manage È1105e risks. The trustecs consider variabilit), of investmeiit retums on the pcmianent endoii"Jnent to coi)stilule ilie charity's major risk. In ordcr to COLlllter this risk, tl)c tnistees liave ensured tliat ilie Iiiaiidale tl)¢il Il)¢y 1ii2ve gii'en lo the slockbrokcrs is a balance of inLOtne and groivtli to bc invested priiiiaril), in IIK ¢quilies. The Iriistccs liai'e stlc ted that no inilial ini'csltnent sholild excccd l 0% of the total I'alue of the fLllId. The lotiil Slim of all equil}, l?oldings in e.xcess of i /0 Iniisi not be equal to or eKcecd 400/0 of ilie fund's value al any time. Fund based inveslments ivhicli generate divcrsificatioii, sucli as Ihc original investinent madc of £125,000 in the Cli£?rities Propert}, Fund can cxceed tl)e 50/0 rulc. biit caniiol exceed 15 /0 of tl)e total value of tl)e portfolio t the time of purchase. RESERVF.S Thc slockbroLers (ire very familiar iviil) mana¢Fing cliarilablc portfolios aiid seek lo Inaiiitaii? a re<ison¢ibli incoinc yicld from tlie inveslniLnls made. from tl)is iiiii¢stnieiil objectiiwe it Is coiisidLrL"d bsll tlie Iriistees tliat Iliev ii'ill protecl tlie i'aliic oftlie capital and illLUliiC in real ternis over Ilie mediiiin tem. I'he inisicLS kccp their clioice of sio¢kbrokcr Liiider actiille ¢on5idcralion. Tlle stockbrokcrs Iiianaoe tliis objeLtiVL for tlie charity's ponfolio UT]dcr a discrelioi)iiJ)i niai)d&JLiiicnt ag?I'cciiici)t Liiider poivers gr<lnted to tlie charity by tlic Cliarity Commissioners in an order sealed 011 25 Fcbriiary 1997.
Page 3 THE FJ. WALLIS CHARITABLE SETTLEMENT TRUSTEES, REPORT YEAR ENDED 31 MAR H 2024 Dtinued PLANS FOR THE FUTURE The trustees will continue to examine donation requests carefully and will make donations to those Iwitable wse5 which ar¢ selwt¢d. Th¢ trusttts will also ¢ndeavour to develop the capitsl of the settlem¢nt so ihat a significant prOjt can b¢ undertaken in memory of the founders of the charity should the trustees so dld¢. STRucfuRE. GOVERNANCE AIYD MANAGEMENT The trust is an tsnincorrated trus¢ constituted under a tntst deed dated 19 March 1979 and suppl¢mentsl deed dated 19 December 1979. and is a re81cTed charity number 279273. The trust was established by an initial gift from Francis John Wallis in memory of his late father. also named Frnncis John Wallis. The initial donation allowed the trustees to either retain the amount given as capitsl or spend IL At the time of the original gift the trustees chose to retain the amount &8 capital. The trust deed gives ihe tTUStees power to apply the fvnds in such a manner as they think fit to or for the benefit of any charitsble object or puTw. Th¢ power to appoint new trustees initially vests with the curTent truslees, one of whom is a member of the Wallis family and the other two of whom orc professional advisers to the Wallis family over many years. The trust deed does not provide for a minimum or maximum number of trustees. The trustees are appointed for an indefinite perlod. Mr Frnncis Wallis Jnr. the settlor of the charity. whilst not a trusle¢. continues to monitor the progr of the charity. The ttvstees keep the skills requirement for themselves under review and, in the event that a trustee pernlanently retires or it is decided that new tnjstees are required, the trnstees would initially seek applications from the Wallis family and in the final selection of any new tntee$ the view of Francis Wallis Jnr would be tsken into account. However, the ultimate decislon on selection is a matter for the existing trustees. W¢re there a requirement for new trustees. these would be identified and appointed by the r¢maining trustees. They would b¢ r¢snsible for the induction of any newly appointed trustee. This would involve ensuring the new trust¢¢ received copies of the governing d(KumenL administrative procedures. the history and approach of the charity and its investment polici. Any new ttustee would a150 receive copie5 of trustees, minutes. wfyies of the lasl thC years of annual reports and accounts, a copy of the governing trust deed and a copy of the Charity Commissloners guidance 'Yhe Essential Trust¢e-What you need to know-. The trust donations and administration is handled by a part itme employee of Hughes Collett Ltd. The firm also handles the financial affairs of the charity, including preparation of the accounts. The amount paid for these setvi¢¢s was £4.5(KI (2023 - £4.500)
Page 4 THE F.J. WALLIS CHARITABLE SETTLEMENT TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 CODtiDued KEY MANAGEMENT PERSONNEL REMtrNERATION The trustees consider the board of trUe¢S as comprising the key management personnel of the charity in ¢harge of directing and controlling the charity and running and operating the charity on a day to day basis, All trust¢e$ give freely of their time and no trustee remuneration was paid in the year. Details of trustees, expenses and reloted party transactions are dis¢losed in not¢ 2 to the a¢counts. TRUSTEE CHANGES It is with 8reat sadn¢ss that the trustees report the death of Alon Hills who was a trustee for many years and wa5 instrumental in many donation and $t¢wardship d¢¢isions, which enabled the trust to continue to support so many worthy causes. The trustees wish to record tlieir deep gratitude for his invaluable contribution over the years. The remaining trustee5 hav¢ invitcd Paul Hawksl¢y* a professional associatcd with thc Wallis Family and Francis Wallis, the son of the settlor of the charity, to become trustees and the appointment Pm¢¢S8 was concluded on 25 ' May 2023. REFERENCE AND ADMINISTRATIVE INFORMATION Trusttt Rev J J A Archer F H Hughes F J Wallis (Appointed 25 May 2023) P A Hawksley (Appointed 25 May 2023) Prlnelpal Offlee Bridge House I I Creek Road Eftst Mol¢sey Surr¢y, KT8 9BE IDd¢p¢nden¢ Examlller G N Birch Birch Riddle & Co Ltd 6 Or¢hard Close West Ewell Surrey, KT19 9NS B4nkers Natwest Bank l High Street Weybridge Surrey, KT13 8AY Investm¢nt Managers Rathbones 30 Gresham Street London, EC2V 7QN
Page 5 THE FJ. WALLIS CHARITABLE SELEMENT TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 ntinued TRUSTEES, RESPONSIBILrriES IN REiATION TO THK FINANCIAL STATEMENTS The charity trustees are responsible for preparing a trnstees. annual repx)rt and financial statements tn a¢cordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Aeeepted Accounting Practice). The law applicable to chariti¢s in England and Wales requires the charity tnte¢S to prepare financial ststements for each y¢8r which give a true and fair view of the slate of affairs of the charity and of the incoming resources and application of resources. of the charity for that period. In preparin8 the financi81 statements the tntstees are required to: select suitable accounting policies and then apply them consistently: ' observe the methods and principles in the app]ile Charities SORP. ' make judgements and estimates that e reasonable and prudenL • state whether applicable accounting standards have been followed, subject to any material dartureS that musi be disclosed and explained in the financfftal statements" ' prepa the financial ststem¢nls on ihe 80in8 con¢¢m basis unl¢ss it is inappropriatc to presume that the charity will continue in business. The trustees are responsible for keeping proFr accountin8 records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 201 I, the applicable Charities (Accounts and Re)rts) Regulatiort4 and the provisions of the Trust deed. They are also Teswynsible for safeguarding the assets of the charity and taking re&50nable steps for the prevention and detection of fraud and other irre8ulariti¢5. Approved by the tnteeS on 30 October 2024 and signed on their behrbY F H HUGHES (r USTEE)
Page 6 JNDEPEIWENf EXAMINER'S REPORT TO THE TRUSTEES OF THE F J WALLIS cHARITABI SErnEMENT YEAR ElED 31 MARCH 2024 I report to the trustees on my examination of the accounts of the Trust for the year ended 31 Mar¢h 2024. which are set out on pages 7 to 15. Responsibilities YlDd basis ofrep)rt As the charity's trustees, you are rtsponsible for the pJEparation of the accounts in accordanee with th¢ requirements of the Charities Act 2011 (*he Acf). I report in respect of my examination of the Trust's accounts caTried out under section 145 of the 2011 Act and in carrying out my examination, I have followeAI all applible Directions given by the Charity Commission under section 145(5)(b) of the ACL tndepettd¢ttt examin¢r'$ $tateJD¢nt I hav¢ completed my examination. I confimi that no material matters have com¢ to my attention in connection with the examination which gives me cause to believe thaL in any materia] respect: the accounting records were not kept in ac¢ordan¢c with section 130 of the Charities Ac¢ or the aoUnts did not acrd with the accounting reLords- or the accounts did not comply with th¢ applicable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'truc WKI fair. view which is not a matter consided as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which att¢ntion should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. L Lao£ 6 Orchard Close West Ew¢ll Surrey KT19 9NS G N Birch FCA Birch Riddle & Co Ltd Chartered Accountants Dat¢.. 3otL 2024
Page 7 THE F.J. WALLIS CHARITABLE SELEMENT STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 Notes 2024 2023 Ineome Investment income 52,885 48,684 Expendlture Costs of generatlng funds Investment marbagement costs 10,837 10,743 Expendlture on charitable activities Donotions to ¢hJriti¢s and related expenses 42,321 33.505 Total expenditure 53,158 44,248 Ntt (¢xpendStureylncome and nel movements In funds before gAlnsl{10gses) on invegtments (273) 4.436 Net 88insl{losses) on investments 108,496 (138,801) Ne¢ movement In fynds 108,223 (134,365) Reconclllatlon of funds TotAI fullds brought fonvard 1.987.540 2,121,905 Total funds earrl¢d forward 2,095,763 1,987,540 The notes on pages 10 to IS form part of these fin¥ncial ststement$
PRge 8 THE F.J. WALLIS CHARITABLE SETTLEMEIYT BALANCE SHEET AS AT 31 MARCH 2024 Notes 2024 2023 Fixed assets Investments 2.092.128 1.962,069 Current Assets Debtors Cash at bank 409 9,226 418 31,053 To¢*1 Current assets 9,635 31,471 Creditors- Amounts falllng due wlthln one yeAr (6.000) (6,000) Net eurrent assets 3,635 25,471 Total net assets 2,095,763 1,987,540 Funds of the charlty: Unrestrlcted funds 2,095,763 1,987.540 Approved by the Trustees on 30 October 2024 F H HUGHES Tbe notes OTr pages 10 to 15 form part of thue finanelal statements
Page 9 THE FJ. WALLIS CHARITABLE SELEMENT STATEMENT OF CASH FLOWS YEAR ENDED 31 MARCH 2024 Notes 2024 2023 IY¢t us¢d in op¢rntin% aetlvltks (53,149) <43,703) Cash flows from investing activities Investment income 52,885 48,684 Net purchases of investments (21.563) {51,996) Nee cash providedl(Absorbed) by Investlng ac¢lvldes 31,322 (3,312) Change in in the year {21,827) (47,015) Cash brought fonyard 31,053 78,068 C•Jb cArrled forwxrd 9,226 31,053 The no¢¢$ on page5 10 to Is forrn p8rt of these financi*l sta¢¢rn¢nts
Pag¢ 10 THE FJ. WALLIS CHARITABLE SETTLEMEKT YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS A¢countlng Polldej Bgsis of prepargtion and going coneern The accounts (financial statements) have been prepared undcr the historical cost convention with items recognised at cost or transaction value unless oth¢rwis¢ ststed in the relevant notrfs) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities pParIng th¢ir accounls in accordance with the Financi81 Reporting Standard appli¢able in th¢ UK and Republic of Ireland {FRS 102) ISSU on 16 July 2014 and the Finartcial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. Th¢ trust ¢onstitutes a publi¢ ben¢ftt entity as defined by FRS 102. The trumees consider ihat there are no material uncertainties about the Trust's ability to continue as a 80in8 concern. With respect to the next reporting period. 2024-25. the mosl Sl8nificanl areas of uncertainty that affect the canying value of sssels held by the Trust are the level of investment return and the perfornihn¢¢ of investsnent rnarkets (see the investment policy and perfomian¢¢ and risk management sections of the trustees, annual report for more inform41ion) 12 Income recognition Donations are included in incomin8 resourrcs whcn they are receivable, except when the donors specify that they mu$1 be usrjj in future accounting periods, or where donor condition5 have not been fulfilled, in which case the income is deferred. Investment income is accounted for when receivable. IJ Fund structure The Charity does not have ony restricled fiinds or designated funds. All the Trustees funds represent General Unrestri¢ted Funds which are expendable at the discretion of th¢ Tru5t¢¢5 in furtherance of the objects of the Charity. Such funds may be held in order to finance both workin8 capital and pital invesknent. Expendlture recognldon Liabilities are recognised expenditure as soon as there is a legal or constru¢tiv¢ obligation committing ih¢ chartty io thal exndItur4 it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including supp)rt costs &TMI governan¢¢ costs are allocated or apportioned to the applicable endItUre headings. Grants payable are payments made to third parties in the furtherance of the charitable objects of the Trust. In the case of an unconditional grant offer this is accrned once the recipient has been notified of the grant award. The notification 8ives th¢ recipi¢nl a reasonable expectation that they will receive the one-year or multi-year grdnl. Grants awards that subject to the recipient fulfilling perfomiance condition$ are only ac¢ru¢d when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of th¢ ¢onlToI of the T1.
Pa8e 11 THE F.J. WALLIS CHARITABLE SETTLEMENT YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS- Continued Expendlture recogDi¢ioD (continued) Provi5i0n5 for grants are made when the intention to make a grani hLs been communicated to the recipient but the is uncertainty as to the timing of the grant or the amount of grant payable. Allocation of governanee e(fftsts Gov¢rnance costs are ihose costs associated with meeting the constitutional and ststutory quirements of the Charity. Th¢y include the costs of preparing the statutory accounts. the cost of the independent examination. and costs linked to the strntegic management of the harity. These costs have been allated to expenditure on charitable aclivili¢s. Cost of rnlslng fundg The ¢0*$ of genernting funds consist of investment management Costs. Charltable aetivitieg Costs of charitable activities include grnnts made and 8overnancc costs. Flxed Agsel investments Invesiments are a fom of basic financial instrument and are initially re¢o8nised ot their transa¢iion value and subsequently measur&J at their fair value as al the balance sheet date using the closin8 quoted markel pri¢c. The statement of financial activities includes the net 88ins and losses arising on revalLbation and disposals throughout the year. The Triist does not a¢quir¢ pul option5. derivaiives or other complex financial instrumenls. The main fonn of financial risk faced by the charily is that of volatility in equity markets and invcstmcnl markets due io wid¢r economic conditions, the attitude of investors to investment risk, and change5 in sentiment ¢on¢ernin8 equities and within particular sectors or sub sectors. All gains And losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are ¢al¢ulated as the difference between sales proceeds and their opening carrying value or their purchase value if acquiTed subsequent lo Ihe first day of the financial year. Unrealised gains and losses are calculated as the difference between ihe fair value ai the year end and their canying value. Realised and unrealised inveslment gatns and losses are combin¢d in the Stsiement of Financial Activities. Contlngent liabilities A contingent liability is idertlified and disclosed for ihose grants resulting from: ' a possible obligatiot) which will only be confimled by the CUrrenCe of one or more neertain future events not wlK)Ily iviihin the trustees. control. or ' a present obligation followin8 a 8rant offer where settlement is either rK)i considered probable. or . the amount ha5 ftot beeft communicttted in the 8rant offer or the amount ¢annoi be estimat¢d reliably
Page 12 THE WALLIS CHARITABLE SETTLEMENT YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS- Continued Related party transactions and trustees, expen$es #Dd remuneradon The tStee5 all give freely their time artd expertise without any fomi of r¢muneration or other benefit in cash or kind (2023: £nil). In the year Hughes Collet¢ 8 firm Controlled by F.H. Hughes, a trnslee, provided accountsncy and administration services to the trust in the sum of £4,500 (2023- £4,500). 3. Investmen¢ iDcome 2024 2023 Dividends and unit trust distributions Fixed intere51 income Bank interest 49,599 2,907 379 45.136 3.061 487 52.885 48,684 Analysis of expenditure on ehArltable a¢tivilies 2024 2023 Donations made in the year (note 9) Governance costs: Accountancy & administration Independent examiner's fees Legal fees re appointment of new Trustee Bank charges 35,000 27.500 4,500 ,500 1,320 4,500 1.500 42.321 33.505 Fixed asset iDves¢m¢nts Movement in fixed asset listed investments Unrestricted funds 2024 Unrestrleted funds 2023 Market value at l April 2023 Additions at cost Disposals &t earrying value Nei unrealised 8ainsl(losses) in the year 1.962,069 342,167 (306.220) 94,112 2,048,874 1,156,139 (1.165.734) (77.210) Market value at 31 March 2024 2,092,128 .962.069 Net cish Invested In investments In the year: 2024 2023 Disposal proceeds Additions at cost 320.604 (342.167) 1.104.143 (1,156.139) Net cash invested (21,563) (51.996)
Page 13 THE FJ. WALLJS CHARITABLE SErrLEMENT YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS- continued S, Flx¢d #ssel investments (¢ontiDued) Net gains on Investmettts: 2024 2023 Net realised gainsl(losses) on diswsals in the year Net unrealised gainsl(Ios5es) in the year 14.384 94.112 (61.591) {77.210) Net galnsl(losses) on inves¢ments 108,496 (138,801) Lasted investments 2024 2023 Stocks and shares Fixed Interest 1,922.049 170.079 1,809,604 152,465 2.092.128 1.962.069 The significance of financial instruments lo the ongoing financial sustainability of the Trust t5 considered in the financial review and Investment policy and perfomlance sections of the Trustees. Annual Report. Debtors 2024 2023 Accrned iftvestment income 409 418 Creditors_ Amounts f211ing due within one yexr 2024 2023 Accrued donations Accrued administrative expenses 6,000 6.000 6.000 6,000 Retonclllation of net movement in f¥ttds to oet tAsh flow from operating ac¢ivities 2024 2023 Net movement in fui)ds tkducl invesiment income (Deduct) gainadd losses on inveslments Decrease ii) debtors Increase in crediÉor5 108.223 (52.885) {108,496} (134.365) (48,684) 138.801 545 (53.149) (43.703)
Page 14 THE F.J. WALLIS CHARITABLI SEI TTLII ME4 NT YEAII INDfi D.11 MARCH 2024 NOTE4 S TO THE FINANCIAL SI'ATLI MENTS- continued Donations Tlie Truqlees liave m¢lde niiinber ot grants to lllstitutions iii tlic ciirrcnt ye1( r, all of ii,liicli fLlrtIIci' tlie ob'L'LlivLs c)f IliL cI)l( ril Doiiee PLlI'pose 2024 2023 Medical DeleLlion Dogs r.arly deleclioii or disL'asLS 5.000 2,000 Clioose Love 4.000 1.000 Oxfatll - Morocco lartliqLiake IILlier 4,OUO UNICLf - Libya flood Relicl. Disaster relicl'iiid 4,000 Cui'diovdSCLilar I'Lsearcli 2,000 Mediciiis Sails l-'ioi)lier 2,000 Sl)¢licrbox .1 I'iisl 2,000 3,000 Stroke A8soLiiIIioii Sir()kc siil-fLI'L'r 2,000 Wl)ilL LodgyL CLiilre 2,1100 '2111ilies Mlc tter 2,000 1,000 Cardii?al I Iiii??L CLnlir RLlicl-ol' Iiovci'ly c211d 1,750 Opcriilioii Siiiile Medic(21 Cc2re loi. clcll lip S)Iileltc siil'lcrcrs 1,750 RNLI M<iriliiiie re%cii¢ 1,500 1,500 l-lic WiiiLI)o%l¢i' 13cil¢OI) 1.000 DLC I'iirkc)'ISyi'i2c I'c11'11iqLiaKc Ai)i)Lcil Disaster reliel'iiicl 5,000 Elinbridgjc CAN IEfiig)ees 5,ooa Crisis UK 5iipi)01l of tliL l)ciiii¢lcss 2,000
Pa8e 15 THE F.J. WALLIS CHARITABLE SETTLEMENT YEARENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS- Continued Donatlons (continued) Donee Purpose 2024 2023 The Trussell Trnst Provision of emergency food banks 2,000 Veterans with Dogs Mental liealth support to armed forces veterans 2,000 Watermill Theatre Nurtliring tl)ealr¢ and th¢ performing arts Evaiigeli¢al Christian education 2.000 The Capernwray Missionary Fellowship 1.000 35,000 27,500