The floreiice Fllison Trust
The b IvrenLL, Lllison'l'ru%t Contet.9 lenntin ULdi IIidL'PinJenl F.ianiiner'% l<epi)rt Vi)tL'S 10 the l-IllanL11i I SLltcilleiits
Tkne Flnrelbee I,'Ilisoii 'l'rust RelerenLe anil A(ITlliI)18tratiTr'¢' Ileihil .1 rusttes Irs P Rii C."ho rit!. Rc2lStration N'utnbcr 81}894 Pri]]cipal Office 14 ¢51 SussL t3IXIJ:LX. I1o(15i)n &. In(lependent Ei4?mincr Il'cirthin¥ BN.I.17QI. vIiLltvrs l Loiidiili EioiL d BX.IXI)AS Rankers f...IF R'.Ink I ILIQ) 4 [..
The FlorenLe r.Ili%nn 'l"ru'st .1 rustccs. Rcport Objectil cs .Trnd attii'iiies Uhjei'li Uil(l ulitrtf V".4 onL adoliiioniil propcrN puf¥hascd and ThL Q'harirn kn()ndu= Tlit Lh&irili hiilds no fiJiid% or i-Trrher pri)perrv a% CU%li)dial Irusiee OTI behillLif' IsihL'r eniitt. vl. ,ood iiandard ill rL';
'I'Eve Florence Lllisnn 'l-riist -Irvstees' Ilepnrt lionlinueill 4chiei'tniciits and perlorn141n£e -Fhe (.'harirn' underrDok- no tiiiidrai%inn aCtl-1. in )()* l. propiftrrf i1quIred Éind 1% hild in 1£ Lciirdanci Ii'iih iniLstmLni poiicrs 4ct ilU( in Ihti 111151 DiLd to rn1 Ihi rinanrial re¥iei% 'Lfi l.409.4-.) 110? j Ll.-If 6.7-. -hc charih. hL< ampli. tinÉilliC tiir 115 ILJuultir L.xpL'nbt5 pa¥ablL Illlt ol. rLNLfLUL.
'lie F'lvreiiLL, F.Ili%(In Tru%1 Trustees, Report Ici)Iitiiiuedl neik .1 ru%iet. ljant 4
The florence r,Ilison I"riisl 'I'ruslees' Ileport Iconlinucdl Ur¥afriiJiJtiiJnul.lÉriiL'liirL' SIGNÈQ SÈLUkÉL Y 2010912025 and*'¥ILd i)n IIJ bLliall LIK.: SIGNED 8EC¥REIV
The b-lihrencL, Ellis1Tr11 Tru%t St<ilernent lif 'l'ru.51ee5' Respunsil)ililie prLIPLf ilLLLTrunling reiordk thai dix10L Iiiili riibDrtihlt aLcuraci iir anN' . /0012025 gONEo$e¢uY Ir G Gctil
TIIL, b-InrenLe Lllison 'frust I iiilepL'li(lent Tr'.IAiniF)ei"s Reiiort to the trubtees of'i'iie F'li>reiice Tr.'Ilisoii 'l'i'i15t D¥iiiiibir ?0Tr4. ljidepeiident e}l[lner'% st*?tetnent BN I,17QI. Dotc".
The fii)rence F'.Ili%iin 'l'rusl Statcnicnt ol. Tr'in41.IILl&il Actii"itiLS I'nr I lie I'L'Ar F.IidL.d 31 t)eceiiil)er 2024 L.nro5tricltd 2LJ24 4.000 'loLal income F.IpenililiJr¢ on- 14Q.4-. RLCOtii iliAiiou ol fun¢Js |..li6.777 le -i4<) 14
'Iie Tr"lorencc Ellisnn Trust l Registratioii numbvr- 2808241 BJl<l nice Sheet as at 31 D¢ciimbL'r 21124 2V24 2V2J Fiie(l ti%%ei% 10 ).9.i4.404 C urrtni 42*8eis Dihiors (.45h Jt hJnk- £ind In hand 13 Nel currer)1 415sel5 'et JSset5 1.0116.:68 Lliiresiric led iii£otue fuDds Uiire£triilLd ndS TL)ial unrebiricieJ tund 'rotal funds 14 T%E 20109/2025. . %1. Tied on rhcir bLhall' bi.. Iior%ett 98¢UHÉL Y 1025117..$9J4AM U7¢ IrustLL
The fii)rciice fr'llis(hii 'l'i'ust Nfites tn the F i11111.cjali %ialement% fiii. tlie l'ear b'n(leil 31 1)ecL'liI l)cr 21124 .,KccountiJJg p(Jlicics Bail% vf i)rcpar'ati()D The Fli)r¢nLi (JTriniF ¢oocerTt Incanie an(1 enil()M rnent F.ipenditiir
'l.'he Flni'ciicL Ellis()n 'frusl Ni)tes to the F'iThancial StatLments fi)r th¢. I'Lar Liidc(131 December 20?4 Icontinuedl "frade debiors
The I,'Iiirence I,'Ilisihn -I'rust i)tes til tli¢ P inAIiiT¥il %tdtL'IllLnls I'i)r tlie l-ear F.iideil 3]I)'enI)e1. 2U24 ILvnlinii¢(Jl I'r.'Ide crediiors Borr()M'jnu tr'unil %tructuJ' InnCl1 instruments Page l?
I'he Fli)r£'nLe Llli%iiii 'friisl (hie% t(h thL b'iiianLi:41 Stati'iiieiils I'vr thL I'L'Ar Ended 31 D£'LL'nil)L'i' 21124 ILOlltinLredl 2 IncotnL from donJtion5 tsn(I le(racit'S fuii(b' luiid TolAI for 2024 ot'il for 21)2J o.liuu fun(Is GL'rier'.Il 2024 2023 Gross renls 4 IoNostitLL'lll illLI)m fuiids Generdl 4.717 4,7i7 "Ivral for 2024 4.737 'I'utJl (or 2023 3.546 PaLTL I_
The finrL'nce Lllisoii '[ rI$t i (Ites ti) tlic li iTranci<il %tAleiiiciits loi. IhL. I'L'ar Liid,ecl 31 DeLeiiiher 21124 IL()ntiiiuedl iJDderti)keTh 21)24 ()8 1.668 1,66,% Bank clittr¥L's 60 Iti1rtaKLJl Reni kJii Rcpair% .'Incl DiainiLnÉince uuj Cy
I'lie F lorence F.Ili.%vTr 1'rus1 i)tes to the I,-in'iiTrcial Statemc'iits for tlie l'ear F'nded 311)eiemher 2tk24 leontlnued) (Joiern'inre ci)st. luntjs luii(L% To(Al fur 2()24 I'otal lor 2(J23 Tru8ree% reiiiunerJiiiin Aiid eipeii%es 20.24 C)ther fcL'% to eAamiiier% 9 TJ iJlivu
Tlie FlvreiiLe Llliryon Trubt '(It,Ihs to the Financial ,%tatemcnts for the I'c'ar F.nilcd 31, December 2V24 {coi)li¥kued'l 'Inoible fixed a%Nets, protsranitne-re14?ted ¥o¢iJl ini-ostiiient i)roi)er 816.21} l ()i4.404 41 . 1 l)LLiniber 10?4 Ill I l Deccirbcr ?Q23 .8_56.1)I l L Debtors 21J24 2(J23 Pr#p41IrnLnts Oilier dLbior 1.4Q? 4.174 12 Ca%h and cisli equii alL'llt5 2Q24 20?3 Short-ieFtn depLlbllS 1)6.47 17? 8)8
"I'lie b Ini-enc¢ Ellison Ti'iist otes tu the l.'inAIiLi'II Slaten)ent.% for tlle Year Ended 31 DeLeillber 2U24 Icontiiiued I 13 C.'reditors.' ainounci fallinu due M'itliin oiic lear 20?4 2023 3.774 ..IcLrual4 7.f)IM 14 funds Iliilancc at JI DL'LetnlJi'r Re.AlTriirLeq eiT)enile 21124 l.']Jr¢%trLLtttJ nri4triLIL'd Fund4 Re%nurLe% l)e('etnber J2iiuari J resource 2U23 linrestriLtLd .31 Deceijiher ?024 .g.i4.404 LiirrLIii 17 6941 Paoe l?
'he Tr'knrcncc Tr-.Ili%iin 'frusl "ntLS to the l. inancial %talements flir Ilie l'ear F.TTrdi.d 311)tiettibc'i' 2024 {cuntinued Geiier'.Il 2023 2.8_:6,79?. Curr¢ni LlS4CIS -I.VUO,"6¥ 16 .,I]]alTr8i% of n¢1 t'und .4t31 '.IDuar DI'cL'mlier 2024