THE BROYST FOUNDATION
LINAUDITED ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 OECEMBER 2024
Charity Commls8lon Refer•n¢o Number.. 290525

THE BROYST FOUNDATION
ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
INDEX
Pag8 Number
Reference and AdmlnistralNe Delai18
Trust88s' Report
Independent Exarllinerfs Report
Statem¢nl of Financial Activtties
Balance She81
8- 14 Notes to the Accounts

THE BROYST FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS
YEAR ENDED 31 DECEMBER 2024
CHARITABLE STATUS
The Charily CoMmiss￿n regi8tralion number ofThe 8royst Foundation is 290525.
TRUSTEES
MsCSCox
Mr R D L Showan
rs L A BrorB
PRINCIPAL ADDRESS
1st Floor
Chi￿Orth Point
1 Chilworth Road
Southampton
Hampshire
S016 7JQ
ADVISORS
Accountants
Banktrrs and Invgstment
managers
Rolhmans LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
Hampshi
S016 7JQ
Coutts & Co
440 Strand
London
WC2R OQS
Sollcltors
Inthpendent Examlner8
Paris Smith LLP
Number 1 London RoBd
Southampton
Hampshi
S0152AE
Chichester Accounting
104 Stockblldge Road
Chich8sler
West Sussex
P019 8QP
Page 1

THE BROYST FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees pres¢nl trtsir report and the accounts for the year ended 31 December 2024. Th858 comply with eurT8llt 8tslulory
reqU1￿MentS and thè Charity's govemirvJ documents. The financial statements have been prepared in accordanc8 with the
accouniing policiès set out in note 1 to the accounts and cornply with the charfty's trust deed, thg charib.gs Act 2011 and the
Flnandal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191- (Chariti89
SQRP IFRS 10211.
STRUCTURE AND GOVERNANCE
The Broyst Foundation was constitulgd by 8 Trust Deed da￿ 16 October 1984 as The Mooney Famlly Foundation. The name
was changed to The Broyst Foundalion on 5 June 1986.
The Trustees meel regularty throughout tre year lo agree tha charity's strategy and discuss charitable activities. including
consideration of grant making, Investment, reservès, cash flow and risk management. In planning the Foundation's grants for
the year, the Trustees give equal con%d&ration to all r8quesls received for grants, and assess them in accordance with thè
Charity's objectives and the Commission's guidan¢e on public benefit.
APPOINTMENT AND TRAINING OF TRUSTEES
The power lo appoint new Trustees is vested in the existing or conts'nuing Trustees, who carefully consider the Charity's needs
together wlh the mix of skills required lo meet the professional obligations ol 8 Trustee. The inducts'on and training of new
Trvslees is also overseen by existing or continuing Trustees and includtss inlroduclory Meetings, supply of infomialion
¢onceming the history and pury)osa of the charity and availability of the axisling Trustees to any questions new Trustees may
have.
RISK MANAGEMENT
The Trustees have considered Ihe major rlsks the ¢h8rity is exposed to and the main form of financial risk faced by the charlty is
that of volatility in equity markets and invegbnent markgts diJ8 lo wider economic conditions. the atb'tude of investors to
investment risk, and changes in sentlment eonceming equ¢ties and within particular sectors or sub sectors. Volats'lity in the stock
markets in recent years has demonstrated this risk and the Trust888 maintain an activ8 involvement with the porttolio manager
lo assess the investment profiles adopted and the performanc8 of the th8rity's portfolK> overall, as well as setting aside
sufficient monetary assets within cash depostts to limil some of th& ¢h8rity's exposure lo stock market perfomiance.
OBJECTIVES. ACTIVITIES AND GRANT-MAKING
Thts Foundation's objects'ves were amended on 16 March 2006 to th8 r81i8f of sickne55 and preservation and protection ol good
h8allh forthe public benefit within the United Kingdom and Ov8rs88s in Such manner or by such means as the Trustees in their
bsolule discretson think fil. The restricled fund. Th6 Reg Bums Foundation, is to be used for the advancement of education for
the public benefit within the United Kingdom and Overseas in sueh a manner or by 8uch means as the Trustees in their absoluie
discretion think fit. The Foundation's charitable activlties usually lake the form of grants lo cause8 or other charities aligned with
the objoclives outlined above. To fulfill these objectives the Foundatson is fund8d by its relum on investments, through dividend
in¢om8 and by interest received in respect of funds held on dÈp051t.
PUBLIC BENEFIT
Whilst reviewing the Foundation's aims, objeciives and planning fvIU￿ aclivilies, tho Tru8tee3 always consider the Charity
Commission's general guidance on public benefit and ensure thèt the Foundation's activities are in accordance with the
charitable objectives. The charitable activities undertaken by the Foundation, by their nature and Ihe improvernenls the acts'vities
have made lo many lives, ale without doubt undertaken for the ben&fit ol the publi¢.
Pagè 2

THE BROYST FOUNDATION
TRUSTEES. REPORT Icontinuedl
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE
During the year, the valu¢ tsf the charity's fixed asset inveslments increased from £3,095,894 to £3,198,213. The Tnjstees
active￿ monitor the p6rf0Iffl8no8 of th8 investment portfolio lo comparable market informaiion including Peer Group Averages
and overall investment conditions including global events and economic stability. With Ihe pot110lio Inc￿a$1ng luriher Sin￿ the
yoar end al the time of &gning this reporl lo bring it more in line with pre-pandemic values. The return made on the Charity's
Invesiments during the year under review, togeth8rwlh the feserve5 brought forward, have enabled the Tfuslees to sustain the
Charity's activities and achlèvé its oble¢liv88, increasing the level of grants rnade in the year.
The Foundation has supported approximatdy 70 diverse charitable org8nisalions and individuals in need during the year under
review using its general funds, with a further 26 organisalions supported from the RWJ Bums Fund. Many of Ihese organisations
are smaller in slze and have shown great appreGiation lo the Broysl Foundation for the positive impact these grants have made.
FINANCIAL REVIEW
The Statement of Financial Actiwties for th& year shows 8 nel surplus in funds of £105,58712023'. surplus of £141,965), which
has increased the accumulated surplus of funds ¢arried forward lo £3,598,93712023.. £3,493,350). The nel surplus is primarily
attributable to the increase in valuè ol the portlolio discussed earfier in the report. Income from investments has also increased
from £100,898 to £116.757.
During Ihe year, grants We￿ made to a variety of ¢auses in line wilh the Ch8rity'8 objects amounting lo £101,43112023'
£98,709). A defiC￿t of £16,609, beftsrè movem8nt in inv8Stment valuation, was recorded at the year end12023'. £28,209) and
restricted funds, restricted for the advanc8tnent ot education, amounted lo £1,152.94612023= £1,110.8651.
Given the strength of the Charity's balance sheèt, th8 TTUSte&s are of the opinion that the Charity has no financial uncertainties
regardin9 Ihe Charity's financial suslainabilily or ability lo continue as a going concem, despite the econornic uncertainty arising
as a rèsult of current events in Ukraine and fluctuations in Ihe real value of Sletling.
RESERVES POLICY
The PDsition of free cash r8serv8s is reviewed annually as part of the reserves policy each year. The Trustees consider it
prudent to relain a minimurn ornount of cash r85erves equivalenl Ic* four years, projected expendiiure to equip Ihe charily wilh
the ability, for a reasonabltr time poriod, to continue supporting those in need in thg event of any unexpected substantial
impaimienl ¢0 ils investm&nl portfolio. Events in recent years have demonstrated the financial impact that can arise from a
pandemic or war and the lime taken for the portfolio lo recover. not only in lemis of balan￿ sheet value but also investmenl
yield. The chaiity CUr￿n11Y targets annual gTrnl expenditure of approximately £100,000, at the same lirne ensuring that the
Charity's grants are in 8ccordance with the specific objectives laid down in the governing document. The Truslees also
consider al each Trustees. meeting whether any cash reserves arising in excess of the minimum reqUI￿d in future could be
moved Into other investment opportunities, taking into account ihe Charity's goveming docurnent and objectives, whilst also
maintaining a float of fr88 r8serves sufficient lo 8cGommodate any ad hoc grants that arise beiween Trustees, meetings. As at
310ecember 2024, the cash b8lan¢es amounted lo £409,262. which is sufficient to meet the minimum amount.
PLANS FOR THE FUTURE
As described above. the Ttusloes are continuing lo concentrate on supporting the relief of sickness and preservation and
protecbon ol gc>od hèalth logelherwith the advancernent of education. To meet the Charity's objectives, the Trustees shall
continue to revlew and manage the investments of the Charity and rneel regulady to consider all grant requests received.
Page 3

THE BROYST FOUNDATION
TRUSTEES. REPORT (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES. RESPONSIBILITIES FOR THE ACCOUNTS
Charity Law requires the Trusteès to p{8P8￿ financial statements for each financlal ye8rwhich show 8 true and fair view of the
8tale of affairs of the Charity and financial activities for that period. In p￿parIng those financial stat8rn8n15, the Trustees are
required lo-
select suiiable accounting policias and Ihgn apply them consistently.,
make judgemenis and estimatès that are r9asonable and prudent-
stale whether applicable acwunling standarfs and statements of recommended practiee have been followed. subject
lo any departure disclosed and explainèd in the financial slalements,. and
prep8re the financial statements on the going ooncern basis unless it is inappropriate to presum8 that the Charity will
continue in operational existence.
The Trustees are responsible for keeplng proper accounting records which disclose with reasonable accuracy at any time the
financial posibon of the Charity and to enable them to 8nsure that the financial statements comply wlth the Charities Act 2011,
the cha￿tY (Accounts and Reportsl Regulatlons 2008, Charities SORP IFRS 1021 and the provisions of the trust d88d. Th8y are
also ￿spOnsible for safegyarding ihe assets of the ChÈrity and hence for18king ￿asOnable sleps for the pr&vention and
detection of fraud and other irregularities.
10 October 2025
Approved byth8Trusleeson.............................
.and sHJned on their b8half by'.-
Mscscox
Trustee
MR R O L SHOWAN
Tfustee
Page 4

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE BROYST FOUNDATION
I repcrton Iha ofth&Tru$lfrf the yearended 31DeceM￿r2O24, *thlch are set ojlon pages 5t0 14.
Rèspectlvo resw>n51bllltles of th8 Tru5teos Ènd Indep¢ndtnt•xamln•f
Th& Cha¥ity's Tnjstees arè respons￿ forthe preparallon ofthe accounts. The Chavws TNstees cortshler Ihat an is ￿t
requir￿1 fttthls year ￿￿er 8￿162￿ 144 of Ihè Charilles Act 20111'iheCh8rilies Aefi and that an IndepeTrJentexamlnat*)ri ts
need&l.
Itls my respJnBfoility lo:
èxarnkne the arxounts under 98etiM 145 of lh& Charitie$ ACL
to foll(M the w￿dureS lald down y￿ra] DirectK)ns glverb ty the Charity Commlsskn {uThJer secilm 145(Sllbl
ofthe Charities Act. and
atethetherpartir#Jlar matters ecffle io myatt8Th1knk
B8515 01 Independent ex•nlneV$ rewt
Myexamryk8iknwas carried out ItlaCCOTdance wlh geT￿81 DIre￿￿$giVeN by Ihe Charity CommissR)n. An ex*minath)n
Indudes a le￿eW ol the atcountiry recxyds kepl by th& Charity aTrJ a compafison of the accounts presented with thDse reoxds.
11 al￿ Nicludes consfflerdlkni of anyunus￿31 Items or#isck)5u￿s In the Brxounts, and seeklng explanatsons frrm Ihe Trustees
C￿L￿ni[￿￿ any such matters The procedu￿ wkn1èrtakenth) I￿1prOvk48 am Ihe eviden￿that W￿ld be wuirEd in an aud
aThJ consequenty M otmnlon ￿ gi*n a5 to ¥thelJwT Ihe acc4unts present a YKue and falrf vtewand the report Is linited to Ik6e
mattets *toul in the statement below.
Your attenb.on Es dra￿10 the fact th8t the Charty has weparpi5 accounts lfinanckl statements) th accordancewIlh lh8
lewdnt VWEKM of the Statement ol Recnmmenoed Pr%llce applicable to charitks preporing their a￿auntS n ac1￿8￿￿ vath
Ihe Finar￿la1 RepOrtIr￿ StaDdaryJ sp￿ICable ￿ the UK and Republicol I￿land IFRS 1021 n referen￿ to the Aco)untiryJ ar*J
ReFyxL'ng by Chariti8s". Ststemenl of Re￿Mend￿j Prncbce issued ￿ l Apn'l 2005￿￿kdh referFed to h thè extant
regUlat*￿S but has beenwthdFaWn.
l uThlew5t3nd Ih8l Ihi5 has been dong In c(derfor thè acc4JJllts loffid8 a lJuo and fair vithv in accorfanc8vthh UKGenerdty
Acceprgj A￿￿￿￿[￿j Prdcticè effedv8 for rernrthg pertod5 beginnirwJ onorafter l January 201&
Independent examln•Vs sl)t¢mont
In Lx¥me¢b￿ with MYexatn￿)al10n. m matter has rATh to my attenboi".
{1)
vthlch grves me reasonable eause to beI￿V&that in. arymaterf81 respec( Ihe requ1￿Ment&
to keep aecouniing rèrA)rds ui aceonl8nr£ ￿th sectiorb 130 of the CharitiesA¢ aThJ
to preparè aecKJunls whlch aecud wSth tho acctyJntir¥J recor41sand rmiply wjih Ihg a¢￿￿ti[￿ requkements of the
Charitws Act have rK)tbeen met". (Y
{2)
to whith. In myoplnlon. attenllort should be dra￿￿ In eyder io enabte a pr0perUndeT5tand￿9 ollhe ac¢wnts to bè
reached.
Heather Ctteesman FCA
Chitrthester At￿n￿n0
Chartered Acc4yJntsnts
104 Stsxkbrfdge Road
Chlchester
West Su$%x
P019 6QP
14-06-202a
Pago S

THE BROYST FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Total
2023
Total
Unreslricled
Funds
Reslricled
Funds
INCOME AND ENDOWMENTS FROM:
Invgsltnents
79,629
37.128
116,757
100,898
TOTAL
79,629
37,128
116,757
100,898
EXPENDITURE ON:
Charitable activities
86.980
28,086
115.066
111,700
Other
10
12,481
5,819
18,300
17,407
TOTAL
99,461
33,￿5
133.366
129.107
Nel gain51 Ilossesl on investments
83,338
38,858
122,196
170,174
Net income I lexpendilurel and nel movement in funds
63.506
42,081
105,587
141,965
Reconciliation of funds
Total funds brought forward
2,382,485
1,110,865
3,493.350
3.351,385
TOTAL FUNDS CARRIED FORWARD
2.445.991
1,152,946
3,598,937
3,493,350
All amounts relate to continijing activities of the charity.
The Statement ol Financial Activities includes all gains and losses recognised in the year.
The notes lo th8 accounts are shown on pages 8 10 14.
Page 6

THE BROYST FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2024
Note
2024
2023
FIXED ASSETS
Investments
3198213
3 095 894
TOTAL FIXED ASSETS
3.198.213
3,095,894
CURRENT ASSETS
Cash al bank and in hand
Inveslmenls
17,723
18,723
387 669
409,262
406,392
LIABILITIES
CREDITORS.. Arnounls falling
due within one year
936
NET CURRENT ASSETS
400 724
TOTAL ASSETS
The funds of the Charity
Unrestricted income funds
Restricted income funds
13
13
2,445,991
1 152 946
2,382,485
1 110865
TOTAL CHARITY FUNDS
The notes to the accounts ar8 shown on pages 8 10 14.
The Trustees acknowledge thgir r8sponsibilili8s for complying with the requirements of ¢h8rity legislation with respect to
accounting records and the preparation of accounts. The charity is subject to Independent Examination under charity *islation
and the report of the Independent Ex8rniner is on page 5.
10 October 2025
Theseaccountsweieapprov8dbyth8Trusleeson.............................................-.8nd svJned onlhgirbehalfby=_
MSCSCOX
Trustee
MR R D L SHOWAN
Trlislee
Page 7

THE BROYST FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Accountlng Conventlon
The financial statements have been p￿pared in accordanog with Accounting 8nd Reporting by Charities.. Statemanl (rf
R&commendeil Practice applicable to charities prèparing their accounts in accordance wtth the Finartial Reportin9
Slandard applAGable in the UKand Republic of Ir61and (FRS 102) (effective l January 2019)- (Chariti6s SORP (FRS
1Q2)). the F￿nanCIal RepL¥ling Slandard applicable in the UK ar￿ Republic ollreland (FRS 102) and the Charities Act 2011
and UK G8neralty Accepted Accounb'ng Practice. The financigl stslements have been prepared under the historical cost
onvenlion. with tre exception of inveslments which are included al m8rkel value. The charity conslitutes a public benefit
entity a8 defined by FRS 102.
The financial slalements have been prèpar8d lo give a'lrue and fairf view and have departed from thg charib.es (Accounts
8nd Reports) Regulations 2008 On￿ lo the exlenl fequired lo provide a'true and fair vie￿. This departure has evolved
followng the relevant version of the Statement of R8commended Practice applicable to charities p￿parIng their a¢¢ounls
in accordance with the Financial Reporting Standar(l applicable in the UK and Republic of Ireland IFRS1021 rather than Ihe
Ac¢ounling and Reporting by Charities.. Statement of Recommended Pr8clice effectsve from 1 April 2005 whi¢th has since
been withdrawn.
The fin8nci818tal8rnents a￿ p￿sented In Stsdlng, which is the functional currency of the Charity.
Th8 accounts 8150 comply with the Charills governing do¢umtsnls. Th& accounts have been p￿pa￿d on a goin9 concem
basis as the Truste88 have no material ￿n￿rtaInlieS about th& Charity'8 ability to continue.
Chartties SORP Financial Reportlng Standard 102- Rèduc￿ Di$¢losur• Exempt5on8
The Charity has taken advantage ol the following disclosure exemptions in preparing these financlal statements, as
p8mitted by FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,:
the requirements of Section 7 Statèment of Cash Flows.
In¢omlng ReBouTce8
All income is recognised once the Charily has entitlement to th8 income. il is probable that the income will be ￿CeiVed and
the amount of income recewable can be measured reliably. Intere51 on fund5 held on deposit is included when receivable
and thg amount c8n be measU￿d reliably by tho Charity.. Ihis is normally upon nolificalion of the interest paid or payable
by the bank. Divi(fends are recognised once the dlvidend has been declared and nots'fication has been ￿CeNed ol the
dividtrnd due. This is nomally Ltpon notification by our investment 8dvisor of the dividend yield of the investment portfolio.
R•8our¢os Expended
Expenditure is accounted for on an accruals basis and has been ¢lassifi8d under headings Ihat aggregate all costs ￿lated
lo th8 category. Where costs cannot bè directly altiibubd to particular hgadirKJs they have been allocated lo aclivities on a
basis ¢on8iStent with the use of resources. Irrecoverable VAT is charged to the Statement of Financial Activities wtten
incurred and is included wthin the expenditure category lo which il relates. Support costs comprise those costs which are
in¢urr&d directly in support of expenditure on the objects of the ch8rity and include governance cost, finance, and offic8
costs. Govemance costs a￿ those costs incurred in ¢￿￿e¢ll0n with th8 compliance with constitutional and statutory
r8quirgtn9nts of the charity. Support and govarndnce ¢osls wholly relate lo charitsble activities.
Flxed and Curront ABset Inve8tments
Fixed Asset Investments a form of basic financial instrument initially ￿cognISed at transaction value and subsequently
measU￿d at iheirfair value as at the balance sheet date using the closing quoted matk8t Pric8. The slaternenl of financial
activities includes the net gains arYJ Ioss8s 8ri8ing on revaluation and disposals throughoul the year.
Page 8

THE BROYST FOUNDATION
NOTE5 TO THE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES Icontlnuedl
Flxed and Current Asset Investments {contlnued)
The Charity does not acquiro pul options. d8rivatives or other complex financial inslrurnents. All gains and losses arising
from ffixed asset inv8strn8nls 8rg taken to the Stalernenl ol Finanrial Activities as they arise.
Realisad gains and losses on fixed 85set investments are calculated as the differen￿ between sales proceeds and their
opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised
gains and losses are calcul818d as the diff8r8nce belween the fair value al the year end and their carrying value. Realis￿
and ￿n￿alISert investment gains and 10&8e8 are cornbined in the Slalemenl of Financial Activits'es.
Current Asset Investments cornprise of savings with an original rnalurity ol more than three months but less Ihan one year.
Rlsks and unc&rtalnUg$
The main form ol financial risk faced by the eharity is that of volatility in equity markets and investmenl markets due to
wider economic conditions, the attitudè of investors to inveslrnenl risk, and changes in sentsment conceming equities and
within partular sectors or sub s6Ctors.
Cash at bank and In hand
Cash at bank and cash in hand includes cash and short tèm highly liquid investmènts with a 8hort m8luriiy of three
months or less from the date of acquisition or opening of thè dèposit or similar account.
Cfedbtors
Credilors are recognised Whe￿ the ¢harity has a present obl¥Jalion resulting from 8 Past event that will probabty result in
the transfer of fvnds to a third party and th& amount du8 10 Settle the obligation can be meaSu￿d or estimated reliably.
Creditors are nomially rec(4nis@d at th8ir $9tUement amount after allowing for any discounts due.
Taxatlon
The Broyst Foundation is conSide￿d to pass the tÈstg set out in Paragraph 1 Sch8dule 6 Finance Act 2010 and iherefo¥e il
meets the definition of a charitable trust for UK income tsx purp058s. Accordingly, the Charity is potentially exernpl f¥om
taxation in respect ol income or capital gain5 reGeived within categories covered by Part 10 Income Tax Act 2007 or
Section 256 of ihe Taxalion of Chargeable Gains A¢1 1992, 10 tho 8xlont that such income or gains are applied 8xclusively
lo charitable purposes.
Fund Accountlng
General funds a￿ unrestricied funds which are available for use 81 the discretion of the Trustees in fvrtherance of the
generdl objectives of the charity and whlch have not been ¢Je8ign81gd for other purposes.
Restricted funds are funds whlch are lo be used in a¢cordan¢e with specific r8slricb'on8 irnposed by donors orwhich have
been raised by the charity for particular purposes. Reslrict8d funds can only be used for the advancement of education
and research.
The costs of raising and administ8ring such fijnds are eharged against thè Spètyf￿ fund. Th8 aim and use of each
restricted fund is set out in the notes to the financial statements. Investment income. gains and losses are allocated lo the
appropriate fund.
Page 9

THE BROYST FOUNDATION
NOTES TO THE ACCOUNTS Icontlnued)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES Icontlnuodl
Slgnlflcant Judgements and EBtimates
The Trustees believe there are no significanl judgernents, eslimales and assumptions that may have a material effect on
thè prèpardlion of the fin8ncial statements lor the year. All fixed assel investmenl a￿ listed invesiments. No judgeme¢)is
18p8rt froffl those involving eslimalesl have been made in the prO￿$S of applying the above accounting policies.
Ro1ol•d Partles
The￿ have betrn no related party Irarisaclions in the year Ihal require disclosu￿.
2 REALISED AND UNREALISED GAIN I (LOSSES) ON INVESTMENTS
Note
2024
Total
2023
Total
Unreslricled
Funds
Restricted
Funds
Realised goinlllo$s) on investments
667
311
978
3,108
Increaselldecreasel in value of fixed asset
investments
82,671
38,547
121,218
167,066
Realis8d and unr88lise(I gain I Ibs8esl on investments
38
3 FIXED ASSET INVESTMENTS
The Split of investments b8iween unreslricled and ￿S111c1ed funds are as follows..
Unrestrlcted
R&strlct6d
Total
68lance al 1 January 2024
Additions
Dispo581s
Revaluations
Nel movement in cash deposiis
2.227,181
457,547
1479,6881
82,671
9,252
868,713
213,337
1223,6611
38.547
4.314
3,095.894
670,884
1703.3491
121.218
13,566
Total as at 31 December 2024
£901
Page 10

THE BROYST FOUNDATION
NOTES TO THE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
FIXED ASSET INVESTMENTS Icontlnued}
The split of the Investments beiween UK and Overseas are as follows..
2024
Total
2023
Total
UK
Forelgn
Fixed interèst S6curits'e$
Index Ilnked
Equities
Unlisied securiti6S
Cash deposits
lemative investments
463,584
157,231
620,815
575,766
1,052,636
1.443.757
2.496,393
2,392,651
73,453
7,552
73,453
7,552
59,887
67,5￿)
Historical cost
CURRENT ASSETS INVESTMENTS
2024
2023
Oepost accfmjnts
CREDITORS.. Amounts falllng duè within on8 year
2024
2023
Accruals
Other credilors
8,538
8,902
34
INVESTMENT INCOME
un￿StrICted
Fund
ReStr￿ted
Fund
Total
Fund
Dividends- equities IUK and Non-UKI
Interest on cash deposiis
63,060
16,569
29,402
7,726
92,462
24,295
Toial as at 31 December 2024
Page11

THE BROYST FOUNDATION
NOTES TO THE ACCOUNTS Icontlnueil)
FOR THE YEAR ENDED 31 DECEMBER 2024
INVESTl4lENT INCOME l¢ontinugdl
Unrestricted
Fund
Restricted
Fund
Total
Fund
Dividends- equrtie8 (UK and Non-UKI
Inte￿st on cash daposts
59,179
9,954
27,191
4,574
86,370
14,528
Toial as at 31 December 2023
7 CHARITABLE ACTIVITIES
The Charity undertakes its charit8blg acllvilies Ihroujh grants to other charities and individuals in furtherdnce of ils
charitable activities.
2024
Total
2023
Total
Grants Support and
govemance
costs
Funded from unr&stdct8d funds
Funded from restricted funds
77,681
23,750
9,299
4.336
86,980
28,086
87,610
24,090
8 GRANTS
The spllt ol grants pold between othercha1￿&S and individuals are as follows..
2024
2023
Grants made lo insbtufyons197 x grants)
Grants made lo individuals12 x gfanlsl
97,250
4,181
98,000
709
The charfty awarded grants to olhor charities and individuals for a variety of causes, all in line the charity's objecb'ves.
ALLOCATION OF SUPPORT AND GOVERNANCE COSTS
2024
Total
Fund
2023
Total
Fun(J
Unrestricled
Fund
Resiricted
Fund
Governance Costs
Accountancy & bookkeeping fees
Ind8P8ndenl examinalton fee5
ProvisiorTr of Tru51ees arKI adrninistration
2,413
341
6,S45
1.125
159
3,052
3,538
soo
9,597
3,567
500
8,924
Total as at 31 DeCeM￿r 2024
Page 12

THE 8ROYST FOUNDATION
NOTES TO THE ACCOUNTS IContlnued}
FOR THE YEAR ENDED 31 DECEMBER 2024
10 INVESTMENT MANAGEMENT COSTS
2024
Toial
Fund
2023
Tolal
Fund
Unrestricted
Fund
Reslrictsd
FuTrd
Investment managem9111 costs
11 TRUSTEES, REMUNERATION AND BENEFITS
None ol the Trustees have been p8id any remunerats'on or ￿ceiVed any other bsnefits from an employment with the
Charity or a related entity. During Ihg year, none of the Truslees were reimbursed12023.. £nill directly in respecl of Trustee
meeting expens&s.
12 NET INCOME
Nel income is stated after charging..
2024
2023
Independent examination fees
500
500
13 ANALYSIS OF CHARITABLE FUNDS
Anal￿S of Ftjnd Movtrments
Balance
blfvld
Income
Expenditure Transfers
Gains and
losses
Balance
cl￿d
Restricted fund
un￿stricted fund
1,110,865
2,382,485
37,128
79,629
133,9051
199,4611
38,858
1,152,946
83,338 2,445,991
Total Bs Bt 31 D8¢amber 2024
Analysis tsf Fund Movements
Balance
bl￿d
Inctsme
Expenditure Transfers
Gains and
sses
Balance
rj
Restri¢l&d tsnd
Un￿Stricte{l fund
1.055,095
2.296.290
31,765
69,133
129,5701
199,5371
53,575
1,110,865
116,$99 2,382,485
Total8sat31Deoember2023 ￿38& ￿ £a2UllZJ L.
The restricted furld, The Reg Bums Fund, is restricted for the advancement of oducalion for the public benefit within the
United Kingdom and Overseas
Pa96 13

THE BROYST FOUNDATION
NOTES TO THE ACCOUNTS Icontlnuedl
FOR THE YEAR ENDED 31 DECEMBER 2024
14 ANALYSIS OF FUND ASSETS AND LIABILITIES
Note
2024
Unrestricted
Fund
2024
Restricted
Fund
2023
Unr08trictsd
Fund
2023
Restricted
Fund
Fixed asset investments
Current assets
Curreni liabilities
2.296,963
152,203
13.1751
901,250
257.059
{5,363}
2,227,181
158,796
13,4921
868,713
247,596
15,4441
15 RELATED PARTY TRANSACTIONS
There were no related party transactions arising for the year under review. 12023.. Nonel
Page 14