Charlty reglstratlon numbgr 283462 (England and Wales)
MRS SUSANNA PEAKE CHARITABLE TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

MRS SUSANNA PEAKE CHARITABLE TRUST
CONTENTS
Page
Legal and administrative inforrnation
Trustees. rep)rt
Statement of trustees, responsibilities
Slalemenl ol financial aclwilies
Slalemenl of financial position
10
Slalemenl of cash flows
11
Notes to the financial statements
12-20
Investment schedule
21-26

MRS SUSANNA PEAKE CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs Susann2 Peake
Mrs Katharine Loyd
Chailty number
283462
Principal office IAddres$ for appeals
30 Gresham Street
London
EC2V 7QN
Audltr)rs
Perrys Audrt Lirniled
Churchdown Chambers
Bordyke
Tonbridge
TN9 1NR
Bankers
Lloyds Bank PIC
High Street
Morelon-in-marsh
Gloucestershire
GL56 OAY
Solicitors
Currey & Co
33 Queen Anne Street
London
W1G 9HY
Investment advisors
Sarasin and Partnets LLP
Juxon House
100 Sl Paul's Chur¢hyard
London
EC4M 8BU

MRS SUSANNA PEAKE CHARITABLE TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The trustees present their report and accounts for the year ended 5 April 2024.
The accounts have iEen prepared In acwrdance wrth the accounting policies set out ID note 1 of the accounts and
cornply with the Charities Act 2011 and Accour)ting and Reporting by Charities". Statement of Rec0rnmend￿j
Practice applicable to charrties prepariro their accounts in ac£ordance wth the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191 The accounts also comply wrth
the Charity's governing document.
Objective5 and activities
The trustees hold unrestricted funds from which they make donations for such charitable bryjies or instrtutions at
such limes and in such rnanner as the Iruslees may, In their absolute discretion, think fit.
Other than the operation ol the investment portrolio no other fund raBing activty is undertaken to support the work
ol the charity.
The aims ol the charity are to ap￿y, at the discretion of the trustees, grants lo organisations in furtheran￿ of the
charty's objectives
The charity is essentially investment based and the trustees consider the funds held as defined as capital and
income and hold those funds wth a view to distributing the incorne gener£twJ from the investrnenl portfolio and, as
far as may be necessary, the capital for or lowaids the grants the trustees have decided lo rnake
Statement of compliance with Charity Commission guidance
The Iruslees ts)nfirm that they have paid due regard to the guidance contained in the Charty Commission's general
guidance on public benefit when reviewinq the Irusl's aims and objectives, and in planning future aclwilies and
setting donations to be made in the following year
The trustees support a nLJmber ol charitable organisation$. as shown wthin note 17 to the financial statements The
Iruslees are satisfied that the information provided in the report and accounts meets the public beneff( reportiNJ
requirements.
Charitable activities
The trust is solely involved in grant maknng. and as such. the activities rt undertakes pertain to rai8ing and
maintaining funds lor the application ol ts chosen grants.
Grant making policy
The trustees meet on an ad hoc basis lo review applications lor funding, and a full review is undertaken annually
when the financial statements are available. Only successful applicants are notified ol the trustees, decision.
Certain chaiilies are supported regularly, although no comrnilrnenl is given for the continued or future suptx)rt of
such charilatle organisalions
Achlevements and perlormanee
During the year the trust generated sufficient income from the investments held to apply twdrds its chosen grants
for the year.
During the year under review, the Trustees resolved lo make 53 donations lotalling £274,7001£169,500 in 20231,
these are detailed in note 17 01 these accounts.
A bieakdown of the categories and the types of charities that ale supported 15 shown in note 6 01 these financial
stalemenls.

MRS SUSANNA PEAKE CHARITABLE TRUST
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2024
Investment performance
For the financial year ended S April 2024, the Trust produced a return after lees of 8.7% versus the c£Jmposite
benchmark return of 15.￿
As at 5 April 2024 the portfolio's allocations were as follows. 14.9% in fixed income, 72.8010 in global equf(ies, 2.8%
in property. 6.3% In alternative assets and 3.2.10 In liquid assets. The forecast income was standing * £218,727 for
a yield 012 40
The sliong finish lo 2023 continued Into the first quartei of 2024, resulting In further good progress for the portrolio.
11 has been pleasing to see some broadening ol the equrty market rally across sectors and regions, although returns
are still being dominated by US technology. Fortunately, the Trust's portfolio has good exposure in this area,
including the leading drThiers of the Al phenomenon, bul rt remains a challenge lo keep pace with the Sha￿ of this
rally while still maintaining suitable diverslication in a range of good quality companies from other sectors.
Atthough greatly reduced from its peak ol over 9% in 2022, US inflation is lernporarily stuck in a range of 3% - 4%.
The latest reading lor April 013.4Qh was in line Milh expectations, bul the prior CPI prints had been slightly h￿her
than forecast, pushiw back the likely first cul in US rates towards the end 012024. In the UK and Europe, headline
inflation continues lo fall back I0￿rdS largel levels and we expect UK and European central banks to announce
their first interest rale cuts over the summer.
In terms of contribution to perfoirnance ovei the 12 months to 5 April, the porfolio's equities were the rnain driver
th notable outperformers including Broadcom, Microsoft, and Arn&on. The launch of ChatGPT by OpenAI in late
2022 was the calalysl for a surge ol investment into Artificial Intelligence infrastructure, wrth Broadcom a well-placed
beneficiary gwen rts strong p)srtion in NebNorking and Custom ASICS. Microsoft and Amazon have increased capital
expenditure as a result of innovation breakthroughs in Generatwe Al, but rnuch of their strong share price
performance was down lo recovering lundamenlals., growth has reacceleraled in both companies, cloud compulirKJ
divisions.
Detractors during the period included the Asian life assurance and investment businesses, AIA and Prudential.
China in particular has suffered a severe economic downturn, hitting market confidence in companies generating
signifi¢8nl revenues there. This has been frustrating given the robust operating performance of both businesses.
In temis of strategic asset allwalion for the Charity, the investment managers c¥)ntinue to bdieve the portfolio's
equity exKM)sure Is best plaeed to deliver inflation protection over the long-term. For the year to 5 April 2024. equty
exposure has Increased from 64.5% to 72 8%, reflecting the investment managers view to move overweight In late
2023. The portfolio has increased fixed incorne exposure from 8.3% to 14.90A The portfolio's bonds are generating
a 4.9.10 yield-lo-maturily thanks to an oveTweighl p05ilion in corpoiale bonds relative to gi118," th18 repiesenls a real
return ahead of Inflation for the first time in many years. The increases in equities and fixed income exposure have
been funded from af(ernatives, where the investment manager has reduced exposure to rene￿able energy,
infrastructure and caibon. The peiiod under review started wlh an overweight allocation to alternative assets, which
Wds the principal driver of the portfolio's relative under-performance while investments producing a premium income
struggled against the backdrop ol sharp interest rate rises. However, the allocation to alternatives has Sin￿ been
reduced signilicanlly to a smaller selection of high convidion names.
Financial review
Total incoming resources were £261,6261£239.072 in 20231, ￿rith £284.5331£171,945 in 20231 being committed to
eharrtable activrties ol vthieh 29.8331£2,445 in 20231 relates to support and governance costs. Costs ol fundraising
amounted to £34,8271£34,895 in 20231. There was an unrealised profit of £607.384 (loss of £785.579 in 20231 on
investments and in addition a realised loss of £167,1451loss of £74,159 in 20231 resulting In net inflow of funds of
£382,505 loutflow of £827,506 in 20231.
Reserves
The Trustees have a balanced investment policy and normally only distribute income to fund their donations on an
annual basis. Caprtal is usually retained In order lo maintain the fund and allow for growth.
The balance held on unrestricted rese￿eS as at 5 April 2024 was £9,409,555.

MRS SUSANNA PEAKE CHARITABLE TRUST
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2024
InV￿tment pollcy
As there are no specific restrictions of investment powers under the governing deed, the trustees have full drscretion
over the inveslrnents held. The Iruslees have delegated their Investment powers lo S8r8sin and Partners LLP to
have full discretionary day to day control of the Investments. The trustees have reviewed current policies and do not
feel any amendments are necessary. Assets have been acquired and disposed of in accordan￿ with the powers
available lo the Iiuslees.
Risks
Aside from Inherent market or systemic risk to ￿leh the trust's Investments are exposed. the portfolio is well
diversified at a stock level, geographically and by industrial sedor, and also across a range ol asset dasses.
The trustees recognise the risk associated with Investment in mainstream financial markets and accept this riqk in
return lor the prospect ol greater returns over the longer term. The trustees are satisfied that systems are in place to
rnit￿ate exrx6ure to major risks and continue to review the adequacy of the systems In pla￿.
Plans lor future pei5od$
The Iruslees continue lo review grant application requests and also lo research suitable projects to which they can
make grants in furtherance of their charita￿e objectives.
Structure. governan￿ and fflanagement
The Mrs Susanna Peake Charitable Trust was created by a charitable trust deed dated 10th June 1981.
The trustee$ are lo hold the capital ana income of the trust fund upon trust to apply the income, and as far as may
be necessary. the caprtal lor and towards such charitable objects and purposes and to make donations lo such
eharrtable bodies or institutions In the United Kingdom or any other part of the world at such times and in such
manner as the trustees may in their absolute di8cretion think fit.
The Trustees who served during the year and were also in office at the date of signing the financial statements
were..
Mrs Susanna Peake
Mrs Katharine Loyd
Recruitment and appointment of trustees
The settlor, M18 Susanna Peake, has the power during hei lrfetime to appoint new ￿ additional tiustees as she feels
fil and thereafter the then current Iruslees. Trustees wll be selected based on their connection v￿th the current
trustees in accordance with their skills, experience and understandin9 01 the oblwations imposed on such an
appoinlmenl.
The Charity's other advisors are noted on page 1.
Decislon making structure
The Trustees. who receive no remuneration. meet on a frequent. ad hoc basB to corBider applications for funding
and a full review is made at an Annual Meeting when the financial statements are available.
Investment
perf0[rnan￿ and Inwme levels ale rnoniloied half yeaily al meetings with the inveslrnent rnanagets.
Inductlon and tralnlng of trusteè$
Incoming Iruslees are lo be made aware ol their responsibilrties and the Irusl's objectives from the existing Iruslees
and their other ￿0[e$s1onal advtsors al the dale ol their appointment. The Iruslees are also lo be kept up lo dale on
relevant matters by their professional advisors.
TheAccounts
The trustees are satisfied wth the financial posrtion of the Charity and confirm that they have adequate assets
available lo fulfil their obligations and the accounts wmply with current slaluloiy requirernents

MRS SUSANNA PEAKE CHARITABLE TRUST
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2024
Approved by the board of Iruslees and signed on behalf by..
Mrs Susanna Peake
Trustee
Mrs Katharine Loyd
Trustee
6 March 2025

MRS SUSANNA PEAKE CHARITABLE TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 5 APRIL 2024
The trustees are responsible lor preparing the Trustees. Rewrt and the financial statements in accordance wrth
applicable law and Unf(ed Kingdom Accounting Standards Iuniled Kingdom Generally Awepted A￿oUntIng
Pra¢ti¢el.
The law appli￿able to charrties in England and Wa￿S requires the trustees to prepare financial statements lor each
rin8n¢ial year which give 8 true and fair view of the sl*e of affairs of the Charity 8nd of the Incoming resources and
application of resources of the Charity for that year
In piepaiiw these financial st*ements, the trustees are required lo".
select surtable accounting policies and then apply them cor6istently",
observe the rnelhods and principles in the Charities SORP.,
make iudgernents and eslirnales that are reasonable and prudent.,
slate whether applicable accounting standards have been followed, subj'ect to any rnaterial departures disclos￿j
and explained in the financial stalemenls., and
prepaie the financial statements on the going concein basis unless (t is inappropriate lo presume that the charity
will ¢ontinue in operation.
The trustees are responsible for keeping sufficient accounting rewrds that disclose reasonable accuracy al any
time the financial position ol the Charity and enable them to ensure that the financial statements comply with the
Charrties Act 2011, the Charty (Accounts and Reportsl Regulations 2008 and the provisions 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 ol fraud and other irregularities.

MRS SUSANNA PEAKE CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF MRS SUSANNA PEAKE CHARITABLE TRUST
Oplnlon
We have audited the financial Statements of Mrs Susanna Peake Charitable Trust (the 'Charity'l for the year ended
5 April 2024 which comprise the statement of financial activrties, the stalernent of financial position, the statement of
cash flows and notes to the financial $121ernenls, Including significant accounting policies. The financial reporting
framework that has been applied In their preparation Is applicable law and United Kingdom Accounting Standards.
including Financial RetK)rting Standard 102 The Financial Reporting Standard appI￿able in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Practice).
In our op1nion, the financial slalernenls.
give a true and fair view ol the state of the charity's affairs as at 5 Awil 2024 and of ts incoming resources and
application of resources. for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting practi￿..
and
have been preFored in accordance with the Charities Act 2011.
Basis for opinion
We conducted our audit In aecordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described In the Auditors responsibilities for the audit or
the financial stal&m&nls section of our report We are independent ol the Charity in accordance wrth the ethical
reqLJirements that are relevant to our audrt of the financial statements In the UK. in¢lu4iNJ the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities In accordance wlh these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In aLKliling the financial ststements, we have concluded th81 the Iruslees, use of the going ¢on¢ern basis of
accounting in the preparation ol the financial slalemenls is appropriate.
Based on the work we have performed. we have not Identffied any rnaleiial uncertainties relating lo events or
conditions that, indr￿IdUallY or o)Ilectively, may cast svJnifi￿nI doubt on the Charity's ability lo continue as a going
con￿rn lor a period of at least twelve months from when the financial statements are authorised lor Issue.
Our responsibilrties and the responsibilities of the trustees wth respect to going concem are described in the
relevant sections of this reFOrt.
Other information
The other inforrnalion comprises the information included in the annual report other than the financial slalements
and our auditor's reKM)rt Ihereon. The Iruslees are responsible loi the other Inlormation o)nlained within the annual
report. Our opinion on the finanaal stalernents does not cover the other information and we do not express any form
ol assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consmder
ether the other information is materially inconsistent with the financial statements or our thowled9e obtained in
the course of the audit. or otherwise appears to be materially misstated. 11 we identify such material inconsistencies
or apparent rnalerial misslatemenls, we are required lo determine whether this gives rise to a material misslalemenl
in the financial statements themselves. If. based on the work we have performed. we conclude that there is a
rnaterial rnisstatement ol this other inforrnation, we are required to report that fact.
We have nothing lo report in this regard.
Matters on which we are required to report by exception
We have nothin9 to report in respect ol the follo￿￿￿9 matters in relation to which the Charities IAccounts and
Reports) Regulations 2008 requires us to reKM)rt to you if. In our opinion.
the inlormation gwen in the financial ststements Is inconsistent in any material respect wth the Iruslees.
rewrt,. or
sufficient accounting records have not been kept," or
the financial statements are not In agreement wrth the accounting iecords," or
we have not received all the information and explanations we iequiie lor OLJr audrt

MRS SUSANNA PEAKE CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MRS SUSANNA PEAKE CHARITABLE TRUST
Responslbllltles ol trustees
As explained more lully In the statement of trustees. responsibilities, the trustees are resp)nsible for the preparation
ol the financial statements and for being satisfied that they give a true and fair view. and for such internal control as
the trustees determine is necessary lo enable the prepaialion of financial slalemenls that ale free fiom material
misstatement. whether due to fraud or error. In preparing the financial statements, the trustees are responsible lor
assessing the Charity's ability lo continue as a going cOn￿rn, disclosing, as applicable, matters related lo goiry
concern and using the going wncern basis of accounting unless the trustees either intend to cease operations. or
have no realistic allernalive bul lo do so.
Auditor's responsibilitie5 for the audit of the financial statements
We have been apwinted as auditor under section 144 of the Charities Act 2011 and report in accordance wrth the
Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about ￿ether the financial statements as a whole are free from
rnalerial misslalemenl, whether due lo fraud or error, and lo issue an audrtorfs report that includes our opinion.
Reasonable assurance is a high level ol assuran￿ but i8 not a guarantee that an audit conducted in accordance
ith ISAS IUKI will always deteet a material misstatement ￿en it exists Misstatements arise from fraud or
error and are considered rllaterial il, Individually or in the aggregate, they could reasonably be expected lo influence
the economic decisions of users taken on the basis of these linancial slalements.
The extent to which our proeedLJres are Capable of detecting irregularities. Including fraud, is detailed below.
A further description of our responsit4'1ities is available on the Financial Reporting Council's websrte al. https."Il
www.frc.org ukjauditorsresponsibilities. This description forms part of our auditors reporL
This rewrt is made solely to the charity's trustees. as a bcdy. in accordance with Part 4 01 the Charrties IAccounts
and Rep)rtsl Regulations 2008. Our audit work has been undertaken so that we might slate to the charrty's Iruslees
those matters we are required lo stale to them in an 8uditor's report 2nd for no other purpose To the lullesl extent
permitted by law, we do not accept or assume responsibilrty lo anyone other than the charity and the charity's
Iruslees as a bc%Jy, for our audit work, lor this report, or lor the opinions we have formed.
Stèphèn Hala (Senlor Statutory Audltoil
Perrys Audit Limited
Churchdown Chambers
Bordyke
Tonbridge
TN91NR
14 March 2025
Chartered Accountants
ststutory Audltor
Churchd¢ywn Chambers
Bordyke
Tonbridge
Kent
TN9 1NR

MRS SUSANNA PEAKE CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
Unrestricted Unrestricted
funds
funds
2024
2023
Notes
Income
Investments
261,626
239,072
Total income
261,626
239,072
Expenditure
Raising funds
Charitable activrties
34,827
284,533
34.895
171,945
Total resources expended
319,360
206,840
Nel lexpenditurel l income before investment gains
157.7341
32,232
Net gains / Ilossesl on investrnents
14
440,239
1859.7381
Net movement in funds
382,505
1827.5C61
Fund balances at 6 Apiil 2023
9.027.050 9.854,556
Fund balances at 5 Aprll 2024
9,409,555 9.027,050
The statement of financial activities includes all gains ar￿ losses recc4Jnised in the year. All income and expenditure
derive from continuing activities.

MRS SUSANNA PEAKE CHARITABLE TRUST
STATEMENT OF FINANCIAL POSITION
AS AT 5 APRIL 2024
2024
2023
Notes
Fixed assets
Investments
10
8,975,555
8,655,310
Current assets
Debtors
Cash al bank and in hand
12
366,681
362.499
4,203
380,004
729,180
384,207
Credltors.. amounts falllng due wlthln
one year
13
1295.1801
112.4671
Net current assets
434,000
371,740
Totsl assets less current liabilities
9,409,555
9,027,050
Income funds
Unrestricted funds
9,409,555
9,027,050
9,409,555
9,027,050
The financial slalements were approved by the board of Trustees and authorised for issue on 6 March 2025 and
are si9ned on ts behalf by..
Mrs Susanna Peake
Trustee
10-

MRS SUSANNA PEAKE CHARITABLE TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
Notes
Cash flows from operating activitie5
Cash at60rbed by operations
15
131 S.1661
1207.8401
Investing activitie5
Purchase ol Investmen15
Pioceeds on disposal of investments
Investment income re￿iVed
14,101.6401
4,164,097
261,626
12,134.9361
2.111,289
241,811
Nèt cash gènarated from Invèstlng
activities
324,083
218,164
Nel Increase In cash and cash equlvalents
8,917
10,324
Cash and cash equwalents at beginning ol year
457,962
447,638
Cash and cash equivalents at end of year 16
466,879
457,962

MRS SUSANNA PEAKE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accountlng pollclos
Charity information
Mrs Susanna Peake Chaiilable Trust is a an unicoiporated charity cleated by trust deed regisleied ￿1th the
Charity Commission in EnglaThJ and Wales under charity number 283462.
1.1 Accounting convention
The financial statements have been prepared in accordance wth the Charity's trust deed, the Charities Act
2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102.1
and the Charities SORP "Accounting and Reporting by Charities". Slalemenl of Recornrnended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic ol Ireland IFRS 1021" (effective 1 January 20191. The Charity is a Public
Benerrt Enlily as defined by FRS 102.
1.2 Golng concèrn
The Trustees conskler that there are no rnaterial uncertainties atr*)ut the Charity's abilty to continue as
going concern. The review ol our financial Fosilion, reserves levels and future plans gives the Trustees
confidence the Charity remains a going concern lor the foreseeable future.
1.3 Charitable funds
Unrestricted funds are available lor use al the discretion of the trustees in furtherance ol their charitable
objectives.
1.4 Incoming resources
Investment Income is accounted for on an accruals basis in the period to which it relates.
1.5 Debtors
Debtors are receivable at their expected settlement arnount
1.6 Cash and cash equivalents
Cash al bank and cash In hand Includes cash and short term highly liquid investments with a Short maturity of
three months or less from the date ol acquisition or opening of the deposit or similar account.
1.7 Creditors
Credilois ale recognised where the charity has a piesenl obligation resutting from a past event that will
probably resutt in the transfer of funds to a third party and the amount due lo settle the obligation can
rne8sured or eslimaled reliably. Credrtors are normally ie¢ognised at their settlement amount after allowng for
any discounts due
1.8 Resources expended
Management and adminislralion costs comprBe those costs incurred in running the Charity. They have been
apportioned on the basis of time spent between charitable actrrfities. cost ol raising funds and governan
costs.
Governan￿ costs consist ol those costs associated with the overall runniry ol the Charity and meetin9
stslulory and regulatory requirements.
Grants are included in the financial staternents when approved by the Trustees and notified to recipients. The
value of committed grants unpaid at the year end is accrued Grants offered that are subject to conditions that
have not been mel al the year end are noted as a commitment bul not accrued as expenditure.
12-

MRS SUSANNA PEAKE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
(Continued)
1.9 Financlal Instruments
Basic fifjancial assets. which include tiade and olhei re￿1Vable5 and LZSh and bank balances, are inth.ally
rneasured at transaction price including transaction costs and are subsequently carried al amortised cost
using the effective interest method unless the 3rrangement eonstrtutes a financirKJ transaetion. where the
Iransactlon 18 measured al the present value of the future receipts discounted at a maiket rale ol interest.
Other financial assets. including investments In equrty Instruments which are not subsidiaries. associates or
joint ventures. are initially measured at lair value. which is normally the transaction price Such assets are
subsequently carried at lair value and the changes In fair value are reccvJnised in net Incomellexpenditurel.
except that Investments in equity instruments that are not publicly traded and whose fair values cannot be
rne2sured reliably are measured al cost less Impairment.
The trust does not aquire put options, derivatives or other complex financial instruments.
1.10 Investments
Fixed assets Investments represent listed investments which are slated al market valuation, ￿there rnarket
value represents the mid market value on the last Ir8ding day before the year end. Any unrealised or realised
gains arisng from investments are accounted for in the Statement of Financial Activrties.
Crltl¢al a¢countOng estlmates and Judgements
In the appli(stion of the Charity'$ accounting Fx)li¢ies. the trustees are required to make judgements,
estimates and assumptions about the carrying amount ol assets and liabilities that are not readily apparent
trom other Sour￿$. The estimates and associated assumptions are b8sed on historical experien¢e and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in the period in which the estimate Is revised vthere the revision affects only that
period, or in the period ol the revision and future periods where the revision affects both current and future
Feriods.
13-

MRS SUSANNA PEAKE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Incomè arlslng from Investments
2024
2023
In¢ome from li%led investments
Fixed interest
Unil trust interest
REITS
99,303
35,614
55,419
13,468
73.739
11,740
81,678
5,767
12.7391
5.045
92,837
23,589
Foreign income
Interest receivable
Unrecoverable lax
Accrued interest
5,238
261,628
239,072
Raising funds
2024
2023
Investment management fee
34,827
34,895
34,827
34,895
Charitable activities
2024
2023
Grant funding lsee note 171
Governance costs (see note 71
274.700
9,833
169,500
2,445
284,533
171,945
14

MRS SUSANNA PEAKE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Grants payable
2024
2023
Grants lo institutions..
Education and Children
Local Charitable Organisations
Medical and Hospices
Elderly and Disabled
Inlemalional
General Charities
Animal and Environment
Arrned Forces
31,050
58,500
57,000
23,000
,000
73,000
7,150
3,000
20,000
38,0(M)
30,0(M)
23,000
21,000
34,5(M)
3,000
274,700
169,500
Support costs
Support Governance
costs
costs
2024Support costs Governance
costs
2023
LEI fee
Independent examiner's
fee
Audit fees
Accountancy
33
33
45
45
2,400
2,4
7,800
2,000
7.800
2,000
9,833
9,833
2,445
2,445
Trustees remuneratlon and benellts, related partles and confllcts ol Interest
None ol the trustees lor any persons connected wth them) re￿iVed any tenefits. remuneration or reimbursed
expenses during the year, or the previous year.
None ol the trustees lor any persons connected wth thernl had any conflicts of interest.
None ol the trustees lor any persons connected with theml had any related party transacb'ons to disclose.
No further dis¢losures are required for the year
Employees
There were no employees during the year. or the previous year.
15-

MRS SUSANNA PEAKE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
10 Fixed asset investments
Listed
investments
Cash in
rtlollo
Total
Valuation
At 6 April 2023
Addrtions
Valuation changes
Realised Ilossesl
Cash available lo invest
8,577,352
4.374,92C
607,384
1187.14SI
14.521.336)
77,958
8,655,310
4,374,920
607,384
1167.1451
14.494,9141
26,422
Al 5 April 2024
8,871,175
104,380
8,975,555
Al 5 April 2023
8,577,352
77,958
8,655,310
Investments representing more than 5% 01 the portrolios totsl market value..
Investment
Units Market Valu8 % of Total Market
Value
Sarasin Endowment A Fund
JP Morgan Arneiican Inveslrllent Ord
Sarasin Responsible Bond
1,760,000
46,660
2,131,360
456,335
618,000
24 020
5.14%
4%,872
5.60%
2024
2023
Listed investments
Cash in Investment portfolio
8,871,175
104,380
8,577,352
77,958
8,975,555
8,655,310
11 Taxatlon
The chanly is exempt frorll taxation on ils activrties because all ils incorne is applied for charrtable purposes.
12 Deblors
2024
2023
Amounts falling due within one year=
Other debtors
Prepayments and accrued income
361,443
5,238
4,203
366,681
4,203
16-

MRS SUSANNA PEAKE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
13 Credltors.. amounts falllng du• wlthln on• year
2024
2023
Accruals and deferred income
Other credi101s
21,900
273,280
12,467
295,180
12,467
14 Net gains on investments
Unrestricled Unrestricted
funds
funds
2024
2023
Revaluation of investments
(Lossl on sale of investments
607,384
1167,1451
1785,5791
174,1591
440,239
1859,7381
15 Cash generated from operations
2024
2023
sur￿uSI1deflCrt) for the year
382,505
1827.5C61
Adjustments for.
Investment income recognised in slalement of financial activities
Loss on disposal of investments
Fair value gains on investments
1261,6261
167,145
1607,3841
1241,8111
74,159
785,579
Movements in working capital.
Ilncreaselldecrease in debtors
Increase in creditors
15.2391
9,433
675
1,064
Cash absorbed by operations
1315.1661
1207.8401
16 Cash and cash equivalents
2024
2023
Cash at bank and in hand
Cash available to invest
362,499
104,380
380,004
77,958
466,879
457,962
17-

MRS SUSANNA PEAKE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
17 Donatlons made to Instltutlons durlng the year
2024
2023
Action lor Stammering Children
Action 4 Youth
All Ears International
Akheimerfs Research UK
Anous Irvine Playing Fields Fund
Auditory Verbal UK
Barn Theatre Project
Bees for Development
Blood Can￿r UK
British wirele￿ for the Blind Fund
Bourton-on-the-Hill Help in Need Charty
Broughton Hill PCC
CampavJn Again51 LivirvJ Miserably
Carers UK
Cobalt Medical Heaych
Combat Stress
Coram Life Education
Cotswold Canals Trust
Cotswold Friends
Criminon UK
Deafblind UK
Disasters Emergency Commrttee- Turkey & Syria Earthquake
Appeal
Farg 8h2rg
Farm Afiica
Fight Against Blindness
Fine Cell Work
Gloucestershire Historic Churches Trust
Gloucestershire Playing Fields Association
Horne-start Cotswolds
Hope for Tomorrow
Independent Age
Independence al Home
Island F2rrn Donkey Sanctuary
Kate's Home Nursing
Katherine House Hospice
Listening Books
Longborough C ol E Primary School
Longfield Cornmunity Hospi
Mentoring Plus
Milestone Society
National Star
North Cotswold Foodbank
North Cotswolds School Federation
Old School Village Hall IBourton-on-Ihe-Hilll
5,000
5,000
5,000
6,000
5,000
5,000
5,000
5,000
5,000
5,000
3,000
5,000
2,0
3,500
5,000
5,000
5,000
3,000
5,000
4,000
25,000
5,000
5,000
1,0
5,000
10,000
5,000
5,000
5,000
3,000
20,000
500
2,000
5,000
10,000
5,000
5,000
3,000
50
5,000
5,000
3,000
5,000
10,000
5,000
5,000
5,000
3,500
10,000
5,000
5,000
7,500
5,000
Carried forward
174,050
116,OCQ
18-

MRS SUSANNA PEAKE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
17 Donations made to institutions during the year
(Continued)
2024
2023
Brought forward
174,050
116,OCQ
Oracle Cancer Trust
Oscarfs Paediatric Brain Tumour Charty
Pain Relief Foundation
PETA
Population Matters
PUrnpA￿ Beyond Water
Prickles and Paws Hedgehog Rescue
Pri8oner8' Education Trust
REACT
Read Easy
Revrtalise
Royal Society for Blind Children
RSPB
Shipslon Home Nursing
Sightsavers
Slamma
St James, Church Longborough PCC
Sl Lawrence Church Bourton on the Hill
Support Through Court
The Big Space Can￿[ Appeal
The Gloucestershire Society
The Nelson Trust
The Theatre. Chipping Norton
The Trussell Trust
The UK Veteran's Hearing Foindation
UNICEF
5,000
1,000
5,000
100
5,000
3,000
2,000
5,000
3,000
3,000
5,000
5,000
3,000
5,000
5,000
3,000
5,000
3,000
5,000
3,000
5,000
11,500
5,000
4,5CQ
3,000
10,000
3,000
2,0
5,000
5,000
5,000
5,000
10.000
50
3,000
3,000
Volunteering Matters
ZANE
274,700
169,500
18 Unrestricted funds
The unrestricted funds of the charily comprise the unexpended balances ol donations and grants which are
not subject to speofic conditions by donors and grantors as to how they may be used. These incIL￿￿e
designated funds which have been set aside out ol unrestricted funds by the trustees for specific purposes
At6April
2023
Incoming Resources
resources
expended
Gains and
losses
At 5 April
2024
General funds
9,027,050
261,628
1319,3601
440,239
9,409,555
19-

MRS SUSANNA PEAKE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
18 Unrestricted funds
(Continued)
Prevlous y•ar'.
At 6 Aprll
2022
Incomlng Resources
resource5
expended
Galns and
losses
At S Aprll
2023
General funds
9,854,556
239,072
12C6,8401
1859.7381
9,027,050
-20-