## ## ## ## |`Referenceandadministrativeinformation`|| |---|---| |`Trustees’annualreport`|| |`Independentexaminer'sreport`|| |`Statementoffinancialactivities(incorporatinganincomeandexpenditureaccount)`|
`.`| |`Balancesheet`|| ## ## ## |`Dateofsettlement`|`3December1956andDeedsofVariationdated`
`3December1980and25`|`3December1956andDeedsofVariationdated`
`3December1980and25`| |---|---|---| ||`April2006`|| |`Namechange`|`16November2009toG4SEmployees’Trust`|| |`Charitynumber`|`281616`|| |`Governingdocument`|
`G4SEmployees’Trustisanunincorporatedcharity,and`|
`isgovernedbyits`| ||`TrustDeedandDeedsofVariation.`|| |`Settlor`|`G4SCashSolutions(UK)Ltd`|| |`Registeredoffice`|`72LondonRoad`|| |`andoperational`|`STALBANS,Hertfordshire`|| |`address`|`ALI1NS`|| |`Trustees`|`Trustees,whoarealsodirectorsundercompanylaw,who`|`servedduringthe`| ||`yearanduptothedateofthisreportwereasfollows:`|| ||`Mercer& HoleTrusteesLimited`|| ||`SokWahLee`|| ||`CatherineFionaHooper(Appointed28April2022)`|| |`Lawoftrust`|`EnglandandWales`|| |`Termsoftrust`|`AcharitabletrustprovidingbenefitsforpastorpresentemployeesofG4SLtd`|| ||`oranyofitssubsidiaries,andfordependantsofsuchemployees.`|| |`Beneficiary`|`Employee:anyofficer,employeeorformerofficeroremployeeofG4S.`|| ||`Dependant:wife/husband/widow/widower/child/otherdependantof`|| ||`employee.`|| |`Investment`|`Schroder& CoLimited`|| |`managers`|`1LondonWallPlace`|| |`andbankers`|`LONDON,EC2Y5AU`|| |`Custodian`|`SchroderInvestmentManagementLimited,`
`1LondonWall`|`Place`| ||`LONDON,EC2Y5AU`|| |`Independent`|`JoannaPittman`|| |`Examiner`|`SayerVincentLLPCharteredAccountants`|| ||`InvictaHouse,108-114GoldenLane,LONDON,EC1YOTL`|| |`Thissummaryisnotintendedtobea comprehensivestatementofthetermsoftheTrust.`||| |`ReferenceshouldbemadetotheTrustDeedandDeedsofVariationasrequired.`||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## 3 February 2023 ## ## ## |`Incomefrom:`|`Note`|`Unrestricted`
`£`|`Restricted`
`£`|`Endowment`
`£`|`2022`
`Total`
`£`|`Unrestricted`
`£`|`Restricted`
`£`|`Endowment`|
`£`|`2021`
`Total`
`£`| |---|---|---|---|---|---|---|---|---|---|---| |`Investments`
`Donationsreceived`
`Totalincome`|`2`|`93,987`
`93,987`|||`93,987`
`93,987`|`91,389`
`91,389`|`370,000`
`370,000`|||`91,389`
`370,000`
`461,389`| |`Expenditureon:`||||||||||| |`Raisingfunds`
`Charitableactivities`|`3`|||`58,057`|`58,057`|||`50,732`||`50,732`| |`Grantmaking`|`4`|`179,568`|`55,999`||`235,567`|`168,045`|`33,374`|||`201,419`| |`Totalexpenditure`||`179,568`|`55,999`|`58,057`|`293,624`|`168,045`|`33,374`|`50,732`||`252,151`| |`Netincome`
`/(expenditure)beforenet`||||||||||| |`gains`
`/(losses)oninvestments`||`(85,581)`|`(55,999)`|`(88,057)`|`(199,637)`|`(76,656)`|`336,626`|`(50,732)`||`209,238`| |`Loss/Gainoncurrencyexchange`
`Netgains`
`/(losses)oninvestments`|`8`|||`(1,374)`
`299,841`|`(1,374)`
`299,841`|||`(4,806)`
`1,802,479`|
|`(4,806)`
`1,802,479`| |`Netincome`
`/(expenditure)`||`(85,581)`|`(55,999)`|`240,410`|`98,830`|`(76,656)`|`336,626`|`1,746,941`||`2,006,911`| |`Transfersbetweenfunds`||`85,581`||`(85,581)`||`76,656`||`(76,656)`||| |`Netincome`
`/(expenditure)beforeother`||||||||||| |`recognisedgainsandlosses`|||`(55,999)`|`154,829`|`98,830`||`336,626`|`1,670,285`||`2,006,911`| |`Netmovementinfunds`|`12`||`(55,999)`|`154,829`|`98,830`||`336,626`|`1,670,285`||`2,006,911`| |`Reconciliationoffunds:`||||||||||| |`Totalfundsbroughtforward`|||`336,626`|`7,598,394`|`7,935,020`|||`5,928,109`||`5,928,109`| |`Totalfundscarriedforward`|||`280,627`|`7,753,223`|`8,033,850`||`336,626`|`7,598,394`||`7,935,020`| ## ## |||||`2022`|||`2021`| |---|---|---|---|---|---|---|---| |`Fixedassets:`||`Note`|||`£`||`£`| |`Investments`||`8`||`7,706,269`|||`7,042,225`| |||||`7,706,269`|||`7,042,225`| |`Currentassets:`|||||||| |`Debtors`||`9`||||`1,860`|| |`Investmentmanagers’bankaccounts`|||`353,868`|||`909,510`|| ||||`353,868`|||`911,370`|| |`Liabilities:`|||||||| |`Creditors:amounts`|`fallingduewithinoneyear`|`10`|`(26,287)`|||`(18,575)`|| |`Netcurrentassets`|`/(liabilities)`|||`327,581`|||`892,795`| |`Totalnetassets/ `|`(liabilities)`|||`8,033,850`|||`7,935,020`| |`Thefundsofthecharity:`||`1`|||||| |`Capitalfunds:`|||||||| |`Endowments`|||`7,753,223`|||`7,598,394`|| |||||`7,753,223`|||`7,598,394`| |`Incomefunds:`|||||||| |`Restrictedfunds`||`12`|`280,627`|||`336,626`|| |`Unrestricted`|||||||| |||||`280,627`|||`336,626`| |`Totalcharityfunds`||||`8,033,850`|||`7,935,020`| ## ## |`2`|`Incomefrominvestments`||||||||| |---|---|---|---|---|---|---|---|---|---| |||||`Unrestricted`|`Restricted= Endowment`|||`2022`
`Total`|`2021`
`Total`| |||||`£`|||`£`|`£`|`£`| ||`Dividends`
`Interestreceivable(gross)`
`Donationsreceived`|||
`93,966`
`2`
`-`|
`‘`|
`=`
`-`
`-`|
`>`
`-`
`>`|
`93,966`
`21`
`-`|
`91,389`
`~s`
`370,000`| |||||

`93,987`|
|

`=`|

`=`|

`93,987`|

`461,389`| |`3`|`Costofgeneratingfunds`||||||||| |||||||||`2022`|`2021`| |||||`Unrestricted`|`Restricted =Endowment`|||`Total`|`Total`| |||||`E`||`£`|`€`|`£`|`£`| ||`Investmentmanagementfees`|||
`=`||
`=`|`58.057`|`58,057`|`30.732`| |||||
`eS`||
`=`|`58,057`|`$8,057`|`50,732`| ||
`Theinvestmentmanagementcostsareallattributedtoendowmentfunds.`||||||||| ||`Charitableactivities- grantmaking`||||||||| |||||||||`2022`|`2021`| |||||`Unrestricted`|`Restricted= `||`Endowment`|`Total`|`Total`| |||||`£`||`£`|`£`|`£`|`£`| ||`Grantsmadetoindividualsinaccordancewithclass`||||||||| ||`4of theSecondScheduletothe`|`DeedofVariation`|||||||| ||`(note13)`
`Legalfees`|||`134,483`
`=`|`55,999`
`-`||`*`
`2`|`190,482`
`-`|`131,482`
`900`| ||`Mercer& HoleTrusteesLimited`|`~-managementfee`||`41,340`||`-`|`-`|`41,340`|`34,080`| ||`LegalEntityIdentifier`
`Sayer`
`Vincent`
`-`
`Independent`
`examination`||`fee`|`145`||`-`|`-`|`145`|`7S`| ||`currentvear`
`Bankcharges`
`Lossonexchangerateconversion`
`Mercer& HoleTrusteesLimitedcorrectionto`|||`3,600`
`<`
`-`||`-`
`-`
`-`|`-`
`-`
`z`|`3,600`
`=`
`7`|`5.280`
`7`
`15,803`| ||`closingcreditorforyearended5 April2020`
`Irrecoverableforeignincometaxwrittenoff`|||
`-`
`-`||
`-`
`=`|
`=`
`-`|
`=`
`=`|
`10,800`
`2,992`| |||||
`179,568`
|
`55,999`
||
`>`
|
`235,567`
|
`201,419`
| ## ## ## |`8`|`—Listedinvestments`||||| |---|---|---|---|---|---| |||||`2022`|`2021`| |||||`£`|`£`| ||`Fairvalueatthestart oftheyear`
`Additionsatcost`
`Disposalproceeds`
`Reinvestedincome`
`Netgain/ (loss)onchangeinfairvalue`|||`7,042,225`
`3,612,367`
`(3,249,390)`
`1,226`
`299,841`|`5,812,101`
`2,080,900`
`(2,654,004)`
`749`
`1,802,479`| ||`Fairvalueattheendoftheyear`|||`7,706,269`
`——`|`7,042,225`| ||`Historiccostattheendoftheyear`|||`6,474,569`|`5,500,888`| ||`Investmentscomprise:`||||| |||||`2022`|`2021`| |||||`£`|`£`| ||`Shareslistedon theLondonStockExchange`
`Non-UKlistedsecurities`|||`1,292,241`
`6,414,028`|`1,558,341`
`5,483,884`| |||||`7,706,269`|`7,042,225`| ||`Investmentsrepresentingaver5%byvalueoftheportfoliocomprise:`||||| |||||`2022`|`2021`| |||||`£`|`£`| ||`7,419JPMorganAmericanEquityFund`
`3,352RobecoBPGlobalPremiumEquities`
`30,475PolarUKValueOpportunitesFund`|||`575,306`
`453,727`
`390,690`|`464,299`
`424,464`| ||`8,420VanguardInvestmentSeriesS&P500EtfIncNav`|||`555,552`|`444,202`| |`9`|`Debtors`||||| |||||`2022`|`2021`| |||||`£`|`£`| ||`Prepayment— accountants’charges`|||`se`|`1,860`| |||||`-`|`1,860`| |`10`|`Creditors:amountsfallingduewithinoneyear`||||| |||||`2022`|`2021`| |||||`£`|`£`| ||`Investmentmanager'scharges`
`independentExaminer'sremuneration`
`Accountantsfees`|||`14,047`
`3,600`
`8,640`|`13,295`
`5,280`
`-`| |||||
`26,287`|`18,875`| |`Tia`|
`Analysisofnetassetsbetweenfunds(currentyear)`||||| |||`Unrestricted`|`Restricted`|`Endowment`|`Totalfunds`| |||`£`|`E`|`£`|`£`| ||`{nvestments`
`Netcurrentassets`|`=`
`=`|``280,627`|`7,706,269`
`46,954`|`7,706,269`
`327,581`| ||`Netassetsat5 April2022`|

`=`|

`280,627`|

`7,753,223`|

`8,033,850`| |`11b`|
`Analysisofnetassetsbetweenfunds(prioryear)`||||| |||`Unrestricted`|`Restricted`|`Endowment`|`Totalfunds`| |||`—`|`E`|`£`|`£`| ||`Investments`
`Netcurrentassets`|`>`
`-`|`=`
`336,626`|`7,042,226`
`556,168`|`7,042,226`
`892,794`| ||`Net assetsat5 April2021`|
`=`
|
`336,626`
|
`7,598,394`
|
`7,935,020`
|