FELL0I45HIP op, TJOHN+TIUST ASSOCIATION FELLOWSHIP OF ST JOHN (UK) TRUST ASSOCIATION TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 A Company Limited bv Guarantee Re¢lster•d Company number 01830397 Registered Charlty number 289862
CONTENTS Ir*ndert r•port 7JJ St#eThxnt of finard•l •ctW¢s 8lince sheet li
FELLOWSHIP OF ST JOHN (UK) TRusf AssoaATION LEGAL AND ADMIWISTrATIVE INFORMATION RèA. L Makolm CAnon C C•rMeym ChaImn of th Trnst B•foness k Harrls Rv4d. Conj. thambers Revd. G. Naw D•¥ld Ballae Howarf Rl IAppolnted 14 Je 20231 AdmIn1th Supp Unden Sh¢ffleld nufflb•r 01830397 M•llkn8 Addrn 348 VAlw Hu1 Brlard, Hlth I%Vcombe HP13 5GH rnd Ollk• 6H8 Leadenhall Stree( London EC3A 2AD Awdlt•N Knox Qopptt LLP Chartwed Acrountants 6548 Leadenhall Str, London EC3A 2A Reliance B•nk Ltd F•lth House. 2>24 Lt ian•. i(thi EC3R 8Éb Wedlake 8eH 71 Queen ttor Strrt London EC4V4AY In4•menlPav1M thbOn* Imwtm•nt Mana8emenL Flnsbury arcus. London EC2M 7AZ Sarasln & Partntrs. j¢0 House, l(Xl St Paufs Cfrurchya, London EC4M 8BU
FELLOWSHIP OF ST JOHN {UK) TRusf AssoaATION
TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBÉR 2023
The tSteeS present thelr repth and accounts ftythTJcd 31 l>ecWn1 2023 whlth arealso prepar•d
to mett the wuirements for a dlrecr¢fs' rem •KI Unts foi C4)nwanle5 Ad purpose>
The accounts beeh wepared In attordwth lth Ihe ttOUnlln8 pofKles set out in i to tht Kcounts
and complywlth thetthnpanws memmndum and artide5 of assiKdatlon. the ChèdtlesAct 201L thecompènies
Act 2QJ6•nd Accountlre•nd Repoffjbv chr1t1.. Statementofftecommud Prartke awllubleto tharities
preparlwd thelr iccouThts In accordance with the Fnal Reportl Stanthrd applIc•b kn the UK and Republic
of lrt1oTh1 (FR5 102 seCd edit1.
The cornpany Is re8lstered as a tharii•ble company Ilmlted guaraniee. The comn¥ is constituted under Its
Memofandum and Anides and Is a rstered dwlty number 289861 The tru5tees•re •1sothethrectors for the
purpose5 of ¢rffipany l.
The ¢omp4ry is the Trustee d The 5odety of St Jokn the nt Georie'5 Trust and ol The
Slsterhood of the Hoty Chlldhood lall rwered ch¥15?. As e•th of these dwrltle$ 15 sepmtdy con$tted,
consolldated ac¢ounts are not yoduced.
New tru5tee5 are apOnted byth• c¢mpany memb•rs at tfreAGM and thiVI the next AGM. ai tthlth tlme
they put themsefves fon¥afd for rtreleetlon. The trusi deed pr
FELLOWSHIP OF ST JOHN (UK) TRUST AssoaATION TRUSTEES. REpoirr FOR ThE YEAR ENDED 31 DECEMBER 2023 OWEcmiES AIID AcnvmES The Trust ts ery8ed Sn mwb•ry ar educat101 for tt •d¥nt of the Kkn8thm of Chrtst. as ststd In thè ¢ompanVs Vomornndum and knldes ol Assockn. it5 Zovemi docurn The Trust admln15tefS a youp of drI5 assodated 4th the Nryjlcan RhJu5 of Sodety ol St Jc+th the EvaWst ISSJEI. Our mI10n ststemenL Slan and obJecil¥e5 have been rKentty d0pd and seek to defino us as 4 boty and Ihe nature of Lyjr mlsth to •nable us to be fftfor ur Oyldup tht WolChrfstbymp07dw tp the nEcds olott Ho¥t Go¥1 otitsheortondextst to prL¥wte them EquW ondenobtothefs todtheknp thetro ondother5 d9ShIP The wlndpal atti¥ltyoftheTrust15the OwardlOI•nts tovar5cS benefithrles uponapplicatlonnd toenswe that ih• Tr15 abh to mak• th• btst us• of IrMIn£la1 lerCeS avalalAe to suppxtthat xtmty. polky towwds grants its te(edents in SSJE. from whlch the TfU5t SSIE t$ • mon•stlc and mlsslonarycommunlty whtt•wtsrk was undertakèn In lisheS and mlsslonil eonttxts In both Great Utain IG81 and ¥%erseas. m05t trb tn 5tyJthern Alrka. W¢si kndles. Indla and Japan. Thbs Ihftyms the curr•ni 8rants pollcy. SpedficaNy wnts are a¥Ard•d kn rnSpWWviwll applk•tlDM frorn: l. P•r15hes Ind mlsslon cMtets In GB •nd o¥useA endea¥wrk¥ to •thIn and thelr worshlppl Coffffiunitles. l MonA5tlc commurdtles. lookln8 to dwkythe rnonas frfe. espethltyfry use In rn510n. * An8llcan Theol¢)8lcal houses, trainltw tornrnunltle5 and pastornl sdme5 educlon, fgm•tlon and eXperIen to those seeknry discunrnent for wiestty, dSaconal and lay mln15try. 4. Those wlshlni to enrlth thdr Srftuallty kn AlICan cal1 contexts. A partkular feature of the 8Tants pollcy Is the wllllrw to siipport desknated parlsPs and sthemes ov•r number of to bulld capadiyand outreach. As sh.there a weferentefor SUP5rt¥mIft15try and people Grant app1katI(S are Invlted and cOrdded on thetr Wily MeettheUeTl& Thry areth apwobd 11 the trle¢S meet0$e1her. Trumees dedare any of inttresL aNI11 r*¢essJry recuse themsefves from partIdpa In the rdLWantyaftt-maklne d15cuw.on and dKi%ior Durlnl the course of tr cvrrent year. grnnts iotallnR £318.552 ¥È aw¥ded lin mmpari$on to £340.926 last yparl ro vartous benellclarle& Daalls ofyants ¥Kdrded are Oven in r#)te5.
FELLOWSHIP OF ST JOHN (UK) TRLisf AssoaATION TRUST, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Theresultfortheyeor ts dtsdosed Inthestatementol Fknancl•l A¢trthtlttoDpy 10. Th15 Indic4tes b net IrKTea5e In lunds of £126J67.12022 dese. £l,539.5501. Thepurposeof theTrus¢s reseThe5 pgky ts weAsureth•tlt15 atOrneet tsobl8athns •ndfin•n¢eltsplJnned future acimties. The level of free reseThv luni&trfaed IncoTh funds net of fvnds represented lrytsnw"blellxed a55etsl Is relld annualty tr¢ theTriisi¢es. At 31 Docwnbw 2023 frt• ¢•swves mounttd to £1516540. Th• Trusiees hove s•t the in¥e5tmenl mJn•Rers a tsr8et ol yodudn8 return5 th•t achieved CPI 4% over the long tefm. It a demanding tafBet becaw If Inllathn rur6 atsry5& Inve5tmeni rewms ¥AII Ied to achfeve 9% to reach thi5 outme. rnea5UTernent has been fvrther reflned In X124 ?• the adoptlon of a secondary obrtlv• Incorporntlng CompDte Index made up of 75% MSCI ACWI in stefllry 25% Gkthl Gry¥wThment Bor In 5terlkn& a5 the bèsis of the perforrnance Crts0n. TIMS ne wf0mlan 0b1ertp. set for •U three m•n¥ers now. more dlreth musure5 ihe value tp be added by dbtretionary portlobo manaeement over and•bty4ethe ¢¢mp•r•tor of passi% index trackbwfunds. The Trust••s see alustlftation fty ihe Investmert fees b•lrq 11 Th+ were quarterty meetifios wh each mn•w. to rle perftyMat •cross both •55el •ll¢atbDns and Indlvldual stock selecttons. The SJr•51n & P¥rtnets ponfdlo produud a 3j1tsfact¥ t¢rtal reDJry net of of 8.9% fpr thÈ 12 rnon to 315t December 2023. was behlrHI the c(¥nP0511e berKhmark hi(kx return ol IL7% but •he•d of the comp8rble ARC sieady Growth Ch•rtty peer group Sndex retum o17.5 11 was also mawnally ahead by the year end ofthe terni tyt of CPI- runnln8 at 4%- plu$ 4 equaU to an Objerte of 8%. On the other nd. the ftathboms pwrfolfo by cory499Tr produced a d15appthtlwt(al retu nrf olfees, of 5.3X for the 12 month5 to 31st Decefflber 2023. In Nostmber 2023 theTru5tees. as ad¥tsed bythe Flnance Committe. took the decLElon io re(leem Ihè thjrws segre8ated portfollo wlth Rathbones•nd dIveIfy further Its Inbostment man4ers, by pladn8the proceeds wlth Mdnroy arwj Wood. The IUld4t1On of the Rathbo5 seye8ated portfolb took place at the end of December 2023. and 8 January 2024 the Chty Hiltlated an in¥e$tnnt In M¢lnroy Ind Wood Balanced r4d. AMANC POLKY De5plte the nomlnal value of Imiesknents h•rtE ded si8nffifantty in 2022 into 2023. because of a¢herse fflnan¢lal markffl condltions consequerrt upon the upwm In knftatlc. thèTDtsi Retum Accountbn8 pollryadopted by the Trust for many years has ensured thatPJ•ftts hm Mant1 It ls and w• hope4t least to conynuethat. Sn fvture. TheTiusiees are k¥)kIt0 resvKethÈunapplled Total Retum ethent oftheirive5tments portfolio wNch,whlle In nomlnal twms ha5 Increased by IYA by the tyKI of 2023. when adfvstsd for reont Inflaiion, has In real terms fallen 25% below the Stane lebtl In 2015, Wthen two InveStynt marH8Ts were appoSntÈd to marw the pwttolk. 2024wlll therefore be ayear of finandal on5011dalbon. For firture. It Ls tped thatltal trKrease5 will posslble Inthequanturn of fvnds a¥aMabletosupportthe wo¥tskn ofBrants but th•1 depend*ht onmarkets the performance Oft inlknent managers.
FELLOWSHIP OF sr JOHN (UK) TRUST AssoaATION TRUSTEEY REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Wèare8uldEd generally the Churth of EtW•nd etlwol polky. TheTStee$ th$tmonor the Integratlon of en¥lrornental, soaal •nd •)¥emano IESGI followed our In¥thnent rnana8ers to inlomi th¢li dodslon4naklTrd. CIIARMES kffAGEA At a meetlTr8 lid on 8 f>¥ember 2023. the trustees and company nrntsets •PPrKd a re501ulk>n, that the FellowsNp ol St Johrn St Ge.5 TfusL Slsiethood of the TrJty QLlldhood and 5Klety olst Juhn the Evarymst thadtles should marye In 2024. Th15 Str11fy thè prewrntlon of •cctyJnts and the Interrfharlty flnand•l felatlonshlpL RISK IMNAGEMEI(f The Trust has dfftloped J rtsk manayrnt Thith allows the ldentlfkOn, I5¥esstwI •nd mlnagemeni of signlftcant r15ks, whlth may IinpKt ofi the achievement of thelr obieth¥es. The process Is try a rtsk man08eml pdlcy. ¥thlth out115 th• foles and responslItIeS oftrustee5 and suff jnd folltrK Ch•rbty Comm15slon guldeUne5. The board re¥kn¥s the rtsk re8bster and rtsk m•nwent arrongements •t eath rneelln& Rtsks are wl(wlt15ed an a8feed ffl•trbL M•Jor rlths, whkh are subhrt to monltorir48 •nd re¥lew. refierflssuesarryjnd opeTrilwd, fIn[daL le8al4rrfl re8ul•twi rtsks.Current are•5 of focus •re ensurln8 Investment returns are approprlaie. The Nna Commlttee mlews the In5tsnents qu•rt•ty and rt8ul•r meets wlth the InveMmenl min•ger> The Trusiees ha¥e a$5essed the m•Jor rlsks to th cornpany expwed they are conlldent th•t go1 forw•r4 empwe to r15ks wlll b? mitivied, As a Trust we InteNS In perlod ahead to ¢nueto. r¢wJlaty address our stral•w and use Mlsslon Slat¥ne 51)fi and objeaS io w• oper•te•nd puform," conthu• todvdop wh•t an FSJ Mlsslm •nd FY •Ankny shId book Ilk•: Io¢u5 speclfkalty on our Toth InGI Southern Afrlca: Indla and The Wert Indles comlfiu• to de¥elop and deepen our hnk •nd tth wlth SSJE liiw: de¥dop p•rts)erships in and between our areos of prowlty,. locus oft a smaller numberol•ms ofwA%k arn1 pfojecis lookknito bulhl our fd•ll¢>n5hlp wlth th•m •vw • p•rfod of Ilme; e¥¥ore Ways to fadllt•te best WaCu kn m15slon dEvelt by upsklllk peop tode¥elop thelr own ensure th•t fln•ncl•l resowces wobtsl)le to ihe of •rE monp8ed pn>fe551O1ty and uda)tty. balandry dsk and return. f•naln lo&alty cOmplrrt ¥Ath all relevant UK tharleS and related I08klIOn and adopfjwl chawes to sTrrtk• aff•ctlry¥ tharli whorn It Is approprfate to do so. miDln good 8o¥em4nce for the conduct of thè affalrs of the T In Nne the requlrernents and advictfrom the Charrlies Commwon, the Re8i#rar ofcompanies and the of England. Each of thedlrectors ha5 confirmed thatthere bMknfoTrnatkn of tlyareaware relevanl tothe audSL but ofwhlth the auditor 15 unaware. Tlw ha¥È furthv tonfinned tswt thry havetakeft approwlate •5 to Idenl]fy suth relewant Inforniatlon and to esEabltsN Ihat the all015 are ala of such Infwfflaiion.
FELLOWSHIP OF ST JOHN (UK) TRusf AssoaATION TRLisfEES' REPORT FOR THE YEAR ENDED 31 IXCEMBER 2023 A resolut•tin proposino that Khox Croppor LLP b• réappoknrod as audltors of the ctAnpany wil be put to the membws. Thls report has been PleIed In acCOrdar ¥Ath the small wnpanie< re8ime withln Part IS of t Companie5 Act 2fTh. The Irusiee5. who are also the dIreCt of Fellmhlp of 5t JLn IUKI Tnl Assoclaiion lor the purpDse of company law. are resptsnslble for preparithe Trustees. Report and the accounts In ac¢ord•nce Vhth •ppilcabk• law antl Unrted Klngdom Acu)untlll8 51andards Ivnthl Xbngdom Gener•lty Accepted A¢ntIn8 PTxlkel, du4Ylng Flnanclal Ren¥ stsndard 102 Ihe FInaral Report1 stsnrd PbIe kn the UK aNI Repubk of Irelan. Cwnp•ny law ie(¥Jlreslhe Tnjstees to prep¥e accounts IOT e¥¢h fmandal year whkh 8l¥e a true and falr ¥lew ol the state of affalrs of the charttab5e (ompany and of the InL•M1 re50yrtes and oppkatlon of resources. Includlft8 the IncomE Ind expendiiure. of the charttable Comn¥ for that Yr. Under Comp•ny Law t Trustèes must not approve the flnarKlal stslernents unle55 thef r¢ sats"sfied th•t they 81bt • true and falr eW ofthe state of affalrs ofthe t¢)mpany and of the profft or loss of the company for th•t pèrlod. In Prnith•s• a¢¢oun the tru5te•s are reQrnd to: selea sultsbl¢ wjlkles and ihen appty them ¢onslstsntty: obser4e the metIS and prlnclples In tht Charloes SOAP: makelud8ements and estlmates that are ieason•ble and prudrt. state whether applkaljle UK a¢counOre standard5 been foN¢ywed. subJecl to •ny rn•terial departures th5dos•d and exrlalned In the financial stalements. and preparethe a¢¢ounts on the concern b•sL% unle55 N15 ln4w0wte to PTe5umÈthat the cofflpary 11 contlnve in operthin. ThetNsttts •r• responslble for kwplno¥dequ•t•acc0untl r•D)fth th•t dlsclas• w5th reasonl• #cur•ty at any tSme the flnanoal pos111¢ ol the cnY and •nable them to ensur• that the accounts Compfy wlth the Companies Act 2L¥. They are akno respons for sale8u•rdln8 ihe assets of the company and hence for t4kkn8 Teasonable Meps for ihe prvmtknn and detect olfraud and other Irreeularftles. The report has been prere In %rorfancewbth the Sped of Part 15 ofthe c4)mpleS Att ZW6 r•Fatln8to small companles. On beMWofthe board ofThbstees 6(& 21 1 21f
FELLOWSHIP OF St JOHN (UK) TRUST AssoaATION INDEPENDENT AuDifoKs REPORT TO THE MEM8ERS OF FELLOlp OF sfJoHN (UK) TRUST ASSOCIATION FOR THE YEAR ENDED 31 DECEMBER 2023 rjpknkni We audlted the finandal statements of the Fellowship of St John Ithe 'tharltable c4mwVJ for the yè ended 31 Oocember 2023 whl¢h comytse the Staternt of flnandal ac111•¥ the bal8nc• sh••t and note5 to the ftMndal statements, Includln8 a surnrn•ry tsf $18nffi¢•rt iccounth¥ ptilicte5. Thè fintIal repor framework that h•$ be applled In IhElr preparatlon Is applkable law and Unlted KIr Accountln8 Standard% Induth Flnandal Reportln8Standard 102 The FlnondolReportlngStondordapplicoble in the UKand Republlc oltrend Ined KIrqd Gerberalty kceoed AccountSrs Practke). In our oplnton. the fifi•1 ststements: e a true and falr vlew olthe slate of the tharftable ¢omparfs affalrs as at 31 Dffber 2023 and of Its IncomlnÈ resourrns and appllcatlon ol resour$101 the year th wMl8d: have been property prepared In acCOrd•r with Unlted Genernltywed Ar1 Pr•rtl¢e,' •tYS h•ve be¢n prered In %torthntewlth th• r•qukements olth• Conwnles Act 20C6. f•ryhn We conducted our •udli lfi accord8n Intwn•tlrxwl Strnd4rd5 QnAudItb IUO (IsA5 IUO) and •pptkèble k4w. Our respon51bllltses underthosestandarr15arefurthor doscred In th•Audho¢s resPSIbIe$f0rthe aud of the than¢lal stJtements settion ol Dur reporL We are findedent of the charltable ¢ompany In auord•n¢e wtth the ethk•l requlrernents that are relevant to tyjr audlt of the flnatKlal statements In the UK IndudlnB the FRC5 Ethlol Standard. and we hwe lulflmed cwr Ot1 ethlcal SponSIbtIes In accord•n¢e wlth these requlrements. We belle¥t that the deft¢e we hwe obtalned Is sufflcknt and •pwoprlate to prrfvlde a bays for our aplnlon. In •¢JdttlnB the flnancltl $eMents. we ha¥e conduded that the trusted use of the concem %15 of •ccountln8 In the preparatk+n ofthe finan¢lal statements 15 aPPfWate. B•s•d on the Yk ha¥ perform. we hab not Sderrtlfted any materill urKertalntles rekntlng to events or con¢tFons thal IndrAalY or ¢J)Ilecthty may osl SI1(t doubt on the th)rFtable comp•nV$ abmity to contlnue as a Boln8 tonc•rn for a pwknd of •t twtht months from 7then the (In¢1 statements Ire •uthorlsed for Issu•. Cr responslblnii•s ih• r•111ttS ul thE Irustees wbth regFrt tp cty)cern awe desuibpd In lh• relevant s•cllons of ihh r•p. The O¢her Informatlon compr15e5 tbe Informatlon kncluded In annual report. other than the finand•l statements and Qur audltorfs report thtreon. The tr$Zee$ ¥e responslbleforthe other knlorn)•tion. Ouroplnlon I)ntnandal stat•mentsdoes notttyMth•otherlnform•tlon an4 exeepttothett%wtotherwtse explldtty stated In our ropoo WÈ d¢ t express •ny fr>rm of assurrn condusion thweon. In cortnectlon with our aualt of the finandal statements. ¢)ur responsibillty is io read the other Informatlon and. In doln8 . consl¢Ser whher the other informatknn ts matthalty incon515tent lth the flThandal statennts or our knowb8dg• obtalned In thèaudlt or otherwiseappÈar5 to bemw•lty mlsstaied. If we Identh suth materlal Inconsistenaes or apparent matÈdal MIternerrts. we are reguired to detemiine whether there Is a merlal mlsstatemeni In the flnanclal statements or o rnaterlèl Misstate of the otr informatlon. ff, b45ed M the work we have perfornied. condude that there is a material mi55taternert of thls othe¥ Snformation, we are requlred to rep)rt that facL We hab* rthin8to rePt In thb fvd.
FELLOWSHIP OF sr JOHN (UK) TRusf ASSOCIATION
INDEPENDENT AUDtros REPORTTOTHE MEMBERS OF FELLOWSHIP OF sr JOHN (UK)
TRusf ASSOCL4TlOt4 FOR THE YEAR ENDED 31 OECEMBER 1023
In our Onl. $¢d on the ¥ffjr undethkts) On the courstofthe audrt..
the InformaiM)n in theTrustee< rewrt whk iThdudes tr dfvectorf reporr prred forthe purpose5
ol CoMpry law. for the finantial year for whth the finandal rtatements are prep•r¢d 15 consbtent wbth the
tlnandal stst•mwts: and
the threctry report tled wlthln the Trustee< report has been prepred h) accordib applkwe
14al reqremeThts.
ID the118ht ofthe knOwlee artd underSdI ofthe th•rltabl• uxnpony •nd Its en¥konment obtskned in the
course of the audiL we have rw)t Idenfjfied materw •ntsstatèments In the dlre¢tw< rewrt Inthded wlthln the
trustee5' reporL
We hJ¥e nothlw to report In Tespett ofthe folltyI matters In relation to whkh the Cofflwl•s Act
2rx)6 requlres u5 to report toyou If. In our Opin.
adequate acCoUnd records have not been W or rrfurr6 adwuthl
FELLOWSHIP OF sr JOHN (UK) TRusf AssoaATION INDEPENIXNT AUDFfow5 REPORTTO ThE MEM8ERS OF FELLOWSHIP OF sr JOHN (UK) TRUST ASsoaATION FOR THE YEAR E14DED 31 DECEMBER Z023 The audit tearn, whith 15 experienced In the audlt of charftles, consldered the chirltable oKnpanYs sys(epUbiirty to ft4teri•l misststement and lW fraud m•y oc(Jx. (1 ¢Dnsideratlons inCded the Tisk ofm?na8ement trlI1d Our •wua¢h w•$ to theckthat rstrlrted Incornef•rnS proptth and sep•r•t•FyacuJuntd for •nd to ertsure onty vamd and apFYoprfate was then thed to resthcted fund5. Thi% incbjded revlewlnglournal adjusblts and uNsual tra¢1101. A further descripifjon of our responSU0teS f¢r the autht ol the finandal statements Is IDCated FlnJnd•l Reportlng Cwndl's 4veb51te •L" Thi5 descript fomis part of our audlt(¢s rewt. Alth•rd 81111n8hurst IS•nlwStstutryy P4MlQorl ft>r •nd on behawof KTh)xCropper LLP 65 Lèat1enhall StTee¢ London EC14 2
FELLOWSHIP OF sfJoHN (UK) TrU5r AssoaAnoN srATEMENT OF FINANCIAL AcnviriES INCLUDING ThE INCOME AND EXPENDrruRE ACCOiMT FOR THE YEAR ENDED 310ECEMBER 2023 No rIona0 and looades Investmth)ts 259.771 243.978 Tot 259J07 fvnds 14.451 22,540 417W3 Chorlt4ble A¢rMtles 421.399 Tot•1 435050 440343 Net galn5 and on hweslwts 301910 IL343.2291 In lunds 126.867 I1.5.550) FurKI balances at l J•nuiry 2023 8.389.6n 9.929,223 und •t Ji D•wib•r £8516XI £8389,673 The si•tement of flnanclal also txmplles T*lth the rewlrements lor •n Incorne •NI eXpendure •¢¢nI under the Comwnles Ad X¥J6. All the abtye art15e$ rellect contlnuln8 acthttles. I movements In the Chafivs funds dull theYr are reflected thro the ststemÈnt olfinaTKlal attlvltle All the crIt<S fund5 unrtstrlcted In both the Current pledIr¥I yw.
FELLOWSHIP OF ST JOHN (UK) TRUST AssoaATION LANCE SHEET AS AT 31 DECEIER 2023 31 O•c•mb•r YJ22 9,175262 9,175.262 8.930,595 8,93095 Debtcrfs Cash at bat and In hOj 76.669 55P92 1661 $9,a17 166 CMdon Amounts falllng dueTlthln one ye¥ li 791J83 1540,922 £8,389,673 TOW l•K Il•bllld £8.516.540 Ilnr•lrt•d funds Unrestrkted In¢omefuThls 0•$18nat•d funds Aev•lu•ilon Ileser¥• Sm4.332 6.0345 36.340 2,319,298 Iz 16212(* TOTAL FUNDS £8,516,540 £8.389.673 Part IS of the (Ompanles 2. )1 JJNI aoa¢i li
FELLOWSHIP OF STJOHN (UK)TRUST AssoaAnON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Ll 8a515 rf grepwa The acrounts have been wepwed in accwdBrKe wlth A¢cwnttr and Reportlng by Charl¢le5: stsILftt of Recommended Prattice aKatsIe to thuils prepwlng thelr accounts In accordance with the Flnandal Ileportln8 Standard appllcable In the UK Repubmc of Ireland IFAS 102 se¢ond edltjonl. effertNe l janu 2019 ICharitiÈsSORP FRS 102). tk Aftanc Repordngstandard appllcabl irt the UK and Rewblk af Ireland IFRS 1021 and the spetial Pr10n$ retJthKI to small mnI¢S wiihkn Parr IS ofthe Cwipanles £t 2(x%. The FeNh[P olst John IUKI Trust A5$0daOon mws thè definltlon of a publk benefft enllty under Ffis 102. A55et5 •rKI liabllde5 ore Inlthlty re¢othsed at hL8torkat tost or transactlon valuè uftl otherwlse slated In the relevant accountknB polky note. The tr115tee5 COnder thatthere we no fflaterkl un¢ertaknti•s ¥bO the Associlon's •bMlty tg ¢¢Yrtlnue as a goln8 cixicem. The thowlty taken Jdv•nwe of the dlstknswe exeffipilon frorn the requlr¢m•nts ol S•Lllon 7 Stotement of Cash FIM. In preparfn8 thvA finafid•l sut•ments. as perrnlltad ty FRS 102 . The Hnand•l Reponlry Standart apPkae kn the UX Ropubkrf Irthnd.. All Incomlng resources are kncJded kn the St•teiYient of FlnwKl•l ActMtbe5 when the charity Is lryalty PtItled ¢0 the Income and amounts tan be qu•nfjfled wlth reolIe •cwrKy. In¢ome lax recoverab th relat to Jnatlons iecd¥ed under Glft or Ileed5 of covenant Is reco1$£d at the time of don•tlon. All expendlture Is X¢01•d Iw M aTr 4KcDJo15 b•515 Ind has been induded under expense cate8orle5 that aweqate all ctssts for allocaiion to Ktkth. Where costs onnoi be dIreCt 41tributed io partlojlar actlvblles. habt been alated on a bas& ol$lent wlih th• u5• of the resour$. Gtr¥ernanct Costs are those Incwed In connealon ¥Ath admlnlstratlon rf the tharity and complbance wlth con5tItutal and statrJtOry feqU1meTrts. Grants payable are charqed In the year when the offer Is made except In cases where the offer Is condltknn•l. suth 8rants beln4 Tanoble fixed assets other th•n freehold land •re stted * cort less depredatkn). Deyeclatlon 15 Ided at r•tes cJkul•ted to thryfte off the cost le$5 e5thnated resTrdual value of eath wet over Ifs expected Ilfe, •$ Flxtures. ffttlw & ewlimnent Computers IO% stralthl11 33.3% stroht Ilne Investments •ve stated at rn•et ¥•lue at the bal•n¢t sheet d•te uskn8 ml&market d05illB vilues. The Statement of Flnanclal ALthrftles Indudes the rL•t arnl 10ssÈs arkn8 on revaluatlorns and disposis thrty4hout the year. Debtors are retO8nlsed when the Charrty is SE8aly entitled tothe intome •fter any ptrfwmaThce condltlons been the amwnt can bo measured relbalAy and it is probable th* th• Income wlll be vecebvod. Creoitors are reco1$ed when thè crity has a pre5erf le8al or ¢onsirutte re5uIUng from a past e4ent to make p•mtt0 a thlid party, it is pffjbable that settlem1 will be requlred nd the amount due to seitle the can be measured ore5tlmaiecf reffabty.
FELLOWSHIP OF ST JOHN (UK) TRusf AssoaATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 The chafltstAe aNnpaTry onty has fi1nd31 a55ets and Ihwncb81 abl[l[leS of a kIr that quallfy basi flnanclal instruments. 8aslc flnandal Instruments ¥t inltlth recwlsed at tr•rfjKtlon Value and sthequ•nty measured •t thwr sethernefrt Value. General funds We unrestritted fvn& are avallable for use at the dbcreiion of the Tntstee In firthernncè ol the 8weral obJectl¥es of the thaflly and wtrdch not beer destgn•ted for other purp05•s. R¥trKted fvnds lunds whlth ère to be used In accordance vAth specllk restrktlons lrnposed by donrys whlth h•¥e been rnlsed by the conyarry for purposes. Currently ill the Charws funds are unrtstrthed. The comp•ny Is • Comfi¥ Hm1t by 8uar4ntec The mefftbws ol the cwiphy are the Trustees Mmed on p•8e l. In the e•Wt of the comnY bel the labbllty In resp•£t of th• 8u•rantse15 Imited to Él per ryrnber of the Company.
FELLOWSHIP OF ST JOHN (UK) TRUST AssoaATION NOTESTOTHE AccouKfs FOR THE YEAR ENDED 31 DECEMBER 2023 Other Donati$ 36 £36 £44 2022 DlvSdends 248,251 238.452 Iho)me from fixed knterest4nd tash depostts iL520 5.526 Fellowshlp of StJ¢hn IUKI Trust sl4fe T¢ul In¥$tl from portfo1105 TSferred to SGT, SHC and SSJE (see belowl 2s9.nl E243.978 319.X 180,848) 175.9311 F•lkn¥shlp ofstjghn IUKI Tntst share £2S9.TII £243.978 As explalned In note 15. bn 2015, the 1rNeStm In St Geut¥s Tn4& Slsterhood ofthe Hoty Chlldhood •nd 5odety of St john the Eva11 were transferred to FSJ. Only F5J's sh•re of In¥e$irn Incom•15 rnfieCd through the si•iernen¢ ol Fkn•ncfjal AdMIStr•I 22 Gr•nts {Not• SJ Support Costs Gtwernanee Lepl fees for the merger 1Tr4estrnrArt m•n•8ement fee 318.552 318.552 61697 18.337 2113 14,451 340,926 61,366 15.511 18,337 2L813 14.451 £22399 £413.451 £435,850 £440,343 As explalned In note 15. Ln 2015 the InVesth of SGT. SHC •r*d SSJE w•r• tr•Nferred to FSI. Ohly F5J'5 share of Investment m•nement ftt5 renected throuth the Statement ol Financial ALtfvfties. The totsl tnvestrneftt m¥o#emtht fees for theyear were £29.556 and £7.015 wa5 rechwged to SGT. SHC and SSJE. 14
FELLOWSHIP OF ST JOHN (UK)TRUST ASATIoN Ni7fE5 TO THE ACCOUIITS FOR THE YEAR ENDED 310ECEMBER 2023 s knts Thefollowir% 8rnntswerer•led durtrq theTrr. 25.IX•) Hop• forytyrth kn Zknbatrth nbse and fpKrt¢rkf•rmlw InY•dro ornplhh ChlJren'sTnrt Uiar• f•rmlryfor VeLry Ptole She•rty Crfpps Chlldr•rf5 . Zlmt•tv 21mtl Kath$ Nrcy Hoirt Ind Frknrrtts ofStJrn sp5Mpo11QnlY L360 St L•oMrd & Stjude St mattheSCIry•r Str•¢t St Peter& St John. HOrtry St Matthe1 C•fyer Streei 51 C•th¢rtne 8urn Éth tla•n•ryYOuthTru St mIrI. Swlrton Sovethe P•rlsh m1rytrfftTIAv St Hll(WsCr0$5 Green. L¢eds StJohnih• 0•ois¢ M•xborv4h All Salfftts New LIOft Ollerr¢n & 8ty4htoThPCC St H•l•nAu¢l•nd StJoM Le•mltwn Spi CNdren, Ytyjth Ind F•mlsWr Plur51rf Pmhrtldel•yed [11 thldrftind Famlls Wo Nur51ry Prort FurlforCIÈ PAana•èr thldron'5 Cly15tl•n MlfiknyTMvk kn RochestrDl¢Jr•so thrA10 aTrJ FamllhEsWorker 15JJOO 15000 IS00 io Furn Fath Family retreat 10.0 io.oco ,0 7,oriJ 6.667 S.939 %0 ChreIftd F•rn15Wo Yrth Woiknr •nd Sttwls Workerfoithe P•rlsh Yb ¥nd Comm¥thWork4f loi Pirbh fjrw (hldreniftd youth (hldfen iThl Fifflllles St Mkh•el & OYAr Chufth. SIWI 11 S•lnts Sothh Lynn Kltthen orlI1on St Wlwred C•n Youth Workr Otrrir•hts Stjohn thester St M•ryPorrtehct 5t C•tr•dn• Burnlty Hoty hmll¥ F•15WOrth 5t Hen's eisw st m•ryVlllSeTr Stjthn & 5t Mary MaRdal•n• Poniefr•rt Deanery St Mkhael &AnAr¢els Mlll Hll St Nk115 Fleckmy St Andrew & Owi5tthe Thi Our L•tht & St Culhbert St Marytr Vtryln Ltsham 11(Kll Editiburyh StM•ry K•nton U76 17ZO so Chotr c1ChfvdlIry P4rfn4 wrny0th Plrifi 1.250 W¥kw%my0uth Prnale Youth Plllrift Yvuth L29J L250 L2 l.21)J Lzo) wats1rytrffi YtyJth prIrn Ytyjth Pl Wek Uth*rJtyofth• Westem C•pè 14.225 2U) 6.735 735) St Mkl•el & All C Crgss Pmie¢tWaketh LondoTr Pastoftl Asthtsr Fundw4fUTll1 pmrnl 1551stairts MIHh)Tral hTrd afttrsclKd thbs T¥w) F45tor¥la5515tsrt5 fororn ywr £311552
FELLOWSHIP OF sr JOHN (UK) TRusf AssoaATION NOTES TO THE Accouiifs FOR THE YEAR ENDED 31 DECEMOER 2023 For Audlt Suvbtts £5.700 £5.555 A&nIratOr Co#S 2023 2022 Admknlstrator eosts 22399 22. £21399 £22M4 The adffllnbtraoor freelanceconlArtor. Th• ¢hrlty tloes not ernp any st•ff12022.' NHI 8 Trt Tfu51eu •re not r¢rnunernted. Ffve trustees were rdfflbjrsed tra1 and su11$1 expenses th•t thLy pWSon Inojrred or whlch were In¢urr•d by the th•rity for Inspertk+n trfp5 meetlw of £21,89012022: £2Q,7521. D¥rln8 thè al the thaflty pakt £667 for tfU5tee Irthnlty Inwrnnte12022: £6671. Gootl governance obll8es Inistees to p•rfodkally¥lsti lorelln I10% to •sstss newqrant aCatIonS and review the usw o18rants awarded. Markèt value at l January 2023 4ldhio 11583,197 895.639 13,644,IX191 397,182 .44428S 582.069 16.681,8B91 11,761,268) D15posaL% •t book value Movement In Market Va0 of kwestments 9.232,CQ9 11583,197 Cash k fvr In¥estrnent 126.779 Los.. Shar•of Inv•stnwnts h•ld on trhalf of SGf. SHC•nd SSJE 12,859JOOI 12,779,381> £8,930.595 £9.17S,262 As uaIned Fn note 15, In 2015 Investnts In SGT. SHC and SSIE were tr•nsferTed to FSJ. Onty FSJ'S share of the movenwt In m•tet value of flxed asset Irertstns ts rtfiected through the Stwtement of Fhmnclal Artfvlths. The toial nKent In market tnlue of In¥esTheThts was ¥ pin of E397.182 of wthith £94272 w45 dw8ed to SGT. SHC and SSIE to ajve net 8kn of£30UIO. In¥ertments at Value Comprised 3573.325 6215.910 Ib)Vtstec Wealth & Invest Sarasln and Pirtner5 5,658,684 5,367.287 É9.232,LJ)g £11,583.197 Wlthln the RaihlKW pwrfdlo. thffe was a of £3531.49l {2021" £3.450,1861 in the Rathbones Core Investrment Fund forCharit*5.
FELLOWSHIP OF STJOHN (UK) TrUST AssoaAnoN NOTes TO THE Accouiifs FOR THE YEAR ENDED 31 DECEMBER 2Q23 by stslertod oftl 110 Chkklholxl 60.476 57.174 Sundry debtors 14.065 Pr•paryts al lrtome 2.128 213 £76.669 £59.387 Amounts od to St Tnjst 27.326 30.617 642.215 19,173 15,rMxJ £707,005 AffiDUrts to Sod•tyof St IOM the Evawtst Acuuats 15.753 65,LKK+ £791.383 L7 Fund fflry••m• Fwn Funds At l Jwu•ry 2023 Incorn1 rescwro5 esoui¢es expended Galn on knve51rn 36340 6,034.035 259.wl 1399,5101 2J19,298 8J89,673 259A07 143S.850) 302.910 £8,516.$40 136,340) 301910 At 31 Ecember 2023 £5m4.332 622,208 htnds Tot•1 At ljanuary 2022 6,179.741 244J)22 1389.728) 3.66U27 9.929.223 244.022 1440,3431 IL343.2291 389.673 RÈswfces expen¢led (50.6151 11.343.229) £1319.298 At 31 De¢ember2022 £36340 £6.Q34.035 17
FELLOWSHIP OF sr JONN (UK) TRUST AssoaATION NOTES TO ThE AccouNfs FOR ThE YEAR ENDED 31 DECEMBER 2023 I january 2023 TranslEr5 Resources 31 December eynded 2023 36X) 136,3401 £136,340) The funds frtyn the O•#4i• h•ve been (k5nated by tre trustees to hjnour mln15try of SSJE •nd for fell8hS eduuti(m and fflnlslry to dahhen. Fund5 Yot•l 6553,054 1658.7221 £5.894.332 2,621208 9,175.262 165B.7221 £8,516540 Nt Current (la1111e$ At 31 Dacemkn 2023 £2.622.208 Funth In¥Ystments Net Current LlabYltle5 611,297 1577,2621 £6.034.035 2.319.298 8.930,595 1540,9221 £8,389,673 36J40 £36.340 At 31 L>e¢ember 2022 319,298 IS Rd•t•d partl•s The Fellowshlp of Stht John IVKI Trust Assodatlon bs a uxpora truslee of ts foll¢)wSry tharttles Ind had tlle followln8 Inter-compatry aCcnI tsalan with them at 31 December 2023.. FSJ IUKI TA owed to St Ge,$ Tnt £27.326 12022: £30.6171- Note 11 FSJ IUKI TA (Med to The Sotth of S•irtt John the Ev•ry115t £683.304 12022: £6412151- NDte 11 FSJ IUKI TA b owe(I by the Sstefhood of the Itoly chMdId £60.47612022'. £57.1741- Not• 10 The 1ran5ac1nS OISI GeorR¥sTm5t ISGT). The S(xthol 5t John the Evaryehst ISSJEI and Sthrhood of the Hoty Chlldhood1SHCI ère knttlalty nude on th•ir bohalf ty the Fellowshbp of St John IVKI Trust A5soclatlon and are 5ub5equeth transferred to the approprlate thawity throu8h tt Intw<lHrfty current accounts. PErlo(Ilcally Inter-(h•rfty current ar£ounts we cleared by paYThtS of amowts (•. In 2015, the hwe51ments In SGT, SHC arrfl SSJE transferred to FSJ, and st equally between Rthbones Investment Management aTh4. al that tlme. knte¢ Wealth & Ifitmen( wlth the alm of maximlskn8 retums ond minlrnLsby evsts In the methim to lore temi. In¥estment Incom¢ In¥estineni galnsl1055es and rn¥n¥8einentfeesareapportlOnedtoallfour1IIe$ based oDtheva1ueofthelrshareoft inriial aweeate Imiestrnent. F5J rec¢)gnizes its share of Ir•come. 8akL5lknuesand m•nagementfEe5 throththe Statement of Flnan¢lal tltIeS •ndthÈ tlwee SM dwrftle5 rece1% thsre01trns Jnnuallythrough IntrJ- company acc4Junts.