CHARITY REGISTRATION NUMBER: 291363 CB and HH Taylor 1984 Trust Financial Statements 5 April 2025 INDEPENDENT AUDITORS LLP Chartered Accountants & Statutory Auditor Emstrey House North Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG
CB and HH Taylor 1984 Trust Flnancial Statements Year ended S April 2025 Pa Trustees, annu81 rewt Independent auditors repth1 to the rTvnbers Statement of financknql actf4its Statement of ftnancol posit statement of cash 10 11
Pag• 1 CB and HH Taylor 1984 Trust Trustses, Annual Report Year ended 5 Aprll 2025 The trust885 present their Teport and the flnan¢lal 81alemenl$ of the charity for the year ended 5 Aprll 2025. Refernnce and admlnlstratlvo dotall• Reglstefed charlty name C8 and HH Taylor 1984 Tru81 Charfty Mglstratlon numb•r 291363 Prlnclp41 offl¢e PO Box 282 Abery$twyth SY23 9BZ Th• tru•l¢e• Mrn C H Norton Mr8 E J Bim)Ingham Mrs C M Penny T W Penny R J Blmiingham S B Taylor M8 C Middleton MS H M Patt180n M8 L Taylor Audltor Indep•ndenl Audltors LLP Chartered Accountant8 & Statutory AuditLY Em8trey House North Shrewsbury Bu8ino88 Park Shrewsbury Shropshifa SY2 6LG 8tfUCtur•, gov•manc• and management Tho charlty wa8 Bet up by m8an8 of a tru81 deod dated 31 December 1984. The charty 18 managed by its Tru8te86 and detai18 of the Trustool whom held office durlng the year are noted above. New Tru8tees are Invf(ed lo ]n from tim8 to Ilme at tho dlscrelton of Ih81)oard of TNsle88. Rlak Manag•m•nt Statement A risk management review has been undertakgn by tho Trustees based on the c*egories of potential ri8k set out in Appgndix 111 of the Charity Commission paper "Charllies arKI Risk Management" The Trustees can confirm that systems and procedures hwe been introduced in order lo minimise the fiBks Ihat have boen id6nlified.
Pag• 2 CB and HH Taylor 1984 Trust Trustees. Annual Report f¢oniinuorfJ Year ended 5 Aprll 2025 object88 and a¢tlvlll8s The Trustee5 hold thg trust fund and thé Income thereof for the benefit of su¢h charilable Institun8 as the Tru8tee8 Shall from tim& lo time in their absolute dlscretlon delemiine. There are no plans lo change the objectfves of the charlty In the firture and they conllnue to 8UPPOrt bcdie6 for the benefit of the publlG. The TNste88 have consrdered the Charity Commi88ion'8 guhlanc& on public benefit when revithving organisatlonal 8lrat8gy and planning future activiti8$ and are 8atisfd that the chaTty contlnLte$ to have 81gnlficant charitable purpose and delivers tangible publtc benefft. The Iru8f8 geographThl area8 of benefft are.. organi88lion8 serving 8iffningham and the WeBt Mkllands organl8allons outside the Wesl Midlond8 where the tru81 ha8 weN8tsbli•hed Ilnks organisalion8 in Ireland UK ba8ed chadlles worklng over8ea8 Th8 general are18 of benefit •re: tho Religiou8 Socloty ol Friand8 (Quakers) and other roliglou8 d8nomlnation8 heallhc8re projects 8OCI81 welfare; community group8; children gnd young peopl8', th• 8lderty', the disadvantaged and di68bled', the homel888'. hou8ing inrtiative$'. counselllng and mediation agen¢ios 8duc8lton', 8duti Illera¢y 8¢heme8,' employmanl training., youth wo penal affalr8', woth with offenders and ox4)ffendeT6' police projects tho onvironment and con8$rwatlon work tho arts., mu8eum8 and art galleriej". music ond dram Ireland., cr088-communty health and iocial welfare prlect8 UK ¢harllle6 worklng overnea6 on longtomi developmant prolects Approximatety 60% of grant8 are for the work and eoncems ol the Rellolous Society of Frignd8. Th8 tru8t favours 8pKifl¢ appllcations. 11 does rt usually thvard grants on an annual bao18 lor revenue C0818. Application8 ar8 an¢outaged from minorlty groups and women-lÈd In18188. Achl•Y•m•nts and p•rfomianc0 The tru8tee8 are sati8fied with the achlevemenl of the charlty in Ihe year and the ratUrn8 realiEed on th8 Investments. Flnanclal revlew charity realised a deficlt for the year ended 5 April 2025 amounting to £1,305,455 of which aligad unreali8ed Ios8eB on investments amountod to £1.390.219. Th8 total ¢h8rity fund8 8$ at 5 April 2025 have de¢roas•d to £12,535,655. Reserves pollcy 11 1$ the pollcy of th8 truste88 to malntaln a cash reserve of not less then £10,000 to provlde suffKient funds lo cover management. admintslration and support costs and 8180 to allow the Trust to respond to emergency applitiOnS for gronts whkh arise from time lo time.
Pago 3 CB and HH Taylor 1984 Trust Trustees. Annual R•port(¢uth Year ended 5 Aprfl 2025 Tho tW81aes ar• respons19 for prnpaiing thg trust, report and the finftncial statwnonts In alwdgnce appltcable kffi¥ and United Kmgdom P&counting 8tandard8 (Unw Klngdom Genor81ty Ac Accountsng Pr8dk•). The law oppllcobl6 lo charilte8 in Engknd and Wthi rwim IN1088 prepaffj finandal 8tatornents for eath yearwhteh grrfe a and latr vttrw otthe ilat¢ of 8ffair5 of th8 chdrlty of tho lrtcwln9 reoouw and applicalton of re•ourc¢4 ofthe chgrty for that P. 8elect 8ullabl• armJnlln9 pdicies and aPY them. cirAhtenty: obewvé the mgthod8 and prtndplas ITr applkabla Clritlag SORP: meJ•nts and a¢¢ounting esth)wte8 rea8onabb athl pNdwtr, 8t818 whether applk8bl8 UK Af4unlko Standard8 have been ffi)lhYd. Butae¢i to any malerlql departure8 dl•d08ed and gxplolned in the finan¢kl 8L4tements: prépwe ts firwKial thiaments on th• goln9 eoncom basis unle88 it * inapproprlato to presume that chwty 11 oonllnuo h bu61n068. èxplain ltté clr'S tr8n8a¢lton8 and di8th wKh reanabl@ aceurw at any Ilm& the finar¢clal P08ttton of Iha charfty and onablè them to onsurn that ts finqnthl Stalornents wlth tho Charthe8 Act 2011. Ihe applicgble Charftw {Accounts and Report8) Reguklion8. end the pTov161on• of the Tru•t Deed. Tlw are akn re8pon8fote for uarthg the a880ts of the charity 4nd henca tsklng r&Bonable 8tep6 prevenTr and dele¢li)n ofhud and othw Irro9ul8rtTe8. TWPenry
t. jl.: . I;".raA 'riJ.71r .Ib 4 1s!E
Pag• 4 CB and HH Taylor 1984 Trust Independent Auditorfs Report to the IAembers of CB and HH Taylor 1984 Tnmt Year ended S Aprfl 2025 Opinlon Vrfe have audfled the fmncl Statem rf CB and HH 1984 Trust (the.1) for the year ended S April 2025 which comprise the statement d finartial axivitses, slatemenl of finarKid S((n, stat8ment of eash Ibm and the rekted rK)tes. ildIr9 a summw of signiant accounting poltctes. The financial reporting framwork th has applied in their preparation is applicable law and United Kingdom Accounting Standards. induding FRS 102 The Finarthl Reporting Stsndard 8pplrAble in the UK and Republic of Ireland (Unitgj Kingdom Gengralty Accepted Accounting Practice). In our opinkn the ffinal stalar£nts: gr¥e a truo arKI fair vw of the stale of the (knit5 affairs as al S April 2025 and of its inccffiing resrceS aThJ applicalK)n of reswrw. ir[vj its èxpamliture, for tt)e year ttr ended.. Accounting Practlce: have been prepared in Co[dae with the requirements ofthe CharitM Act 2011. Basls for opinion We eondLtcled our audit in accordan with InteMat¥X Standards on Auditing {UK) (ISAS (UK)) and applicable law. Our respon$ibilits under Ihose staThJards are further des¢rited in the auditof$ responsibilities for the audit of the financial Staternes SeCn of tr rewt. are independent of the charity in accordarKe wÈth the eth1 requirements that are reknnt to our audrt of the financial statsmenls in the UK, indLKling the FRC'S Ethical Standard. and we have fvlfiI other ethical responsibilitigs in accordance th these requirtynents. We ble th81 ts aKI e4Klen¢e we obtained is and approprie to provtde a t)asis fcff our opinion. Concluslons relating to going con¢wn In aLKliting the finan¢ial ststetrts. we have COndud th81 the trustees. use crf the going concem l)asis of accounting in the pr8paratwJn cl financ1 $&tne1 ts approprsate. events or cdIllo thaL 1lldbdua1ty or trIe1y. may cast signifTrnt doubt on the ckniity's abilty to continue as a going c(mcem for a p#yJ d at least Iwelwe from when the financbal statemenls are aultled for Mue. Our reswJnsibilities and the respsIbIl8 dthe Intstees with resp& to wing corK*n are described in the relevant sectK)ns ofthis reF.
Pag¢ S C8 and HH Taylor 1984 Trust Independent Audltorf8 Report to thè Members of CB and HH Taylor 1984 Trust (condnu8dJ Year ended 5 Aprfl 2025 Othor Infomiatlon The other informatKJn comprise8 the infomiation Included in the annual report, other than the financlal 81alements and our 8udhol8 report Ihereon. The tru81009 are responsiblg for the other Information. Our opinion on the financial statements dces not cover the other infonnalion and. 8xc&pt lo the extent olhepwi88 explicitly slated In our r¢port, wa do not expr888 any form of 8S8urance conclusion Ihereon. In connection with our audll of the ffinanci81 statements. our responsibility is lo read the other infomialron and. in doing 80, con8ider whether Ihe othor infornalton 15 rn8lwially incon818tent with the financial Statements or our knowledge obtained In the audit or otherwise appoars to bo malertally misstated. If we ¢d8nllfy Such materlal incon8islen¢lgs or apparent material misststements, wa are required lo detamilne wholher the is a material ml8Statemenl in the financial statements or a material mi8$tstement of the other infonnatton. If, based on the work we have perfomied. we concluda that thefé 1$ a material misstatement of this othor Infomiat¢on, we are requir•d to raport that fact. Vle have nothlng lo roport in Ihl8 regard. M•ttarn on whl¢h ay• rwulr•d to rnport by oxcepllon We have nolhing lo report In Tespecl of the following m8tter8 In relation to which tho Chafltb8 IAc¢ounl8 and Report81 Regulatknn8 2008 requlre u8 to report to you M. In our opinion.. th• infomalion given in th8 trust8, report 18 In¢on6181enl In any moterid re8PeCt vlth the fin8ncS8181atemenls,' or adequate o¢¢ountlng ro¢ord8 have not beon kepl; or the financkql slatemonls are not in agreem8nl with tho accounllng record8 ar rnturns.. or wo hove not rec8lv8d all the Inlormatlon 8nd expl8n8tlon8 we re9uire for our audll. Ro•poMlbllltle• oltru•¢w• A8 explained more fulty in the tru81ees' rasponsibllrtkgs Statement, Ihe Irustaes are ro8pon8lble for the prepar8llon of the financlal 8tatemenls and for being Satisfied Ih•l théy glve a truo and falr vlaw, and for $u¢h internal control as the trustees d8tgmiine is nece88ary to •n8bte the preparntion of Ilnancial 8to1omènt8 thot are free from matertal mi88tstement, whelher due to fraud or error. In preparing the financial 8lalement8, the trustees ar• responsible for 088e88irsg the Gharity'$ abiltty to Continue as a golng Mn¢ern. disclosing, as appllcable, matters related lo going concem and u8lng Ihe going concem basis of accounting unless the truste88 either intend to Ilquldate the ¢h8r4ty or lo cea80 operatlons. or have no reali8tlC 8KematNe bui to do 80.
Page 6 CB and HH Taylor 1984 Trust Independent Auditorfs Report to the Members of CB and HH Taylor 1984 Trust (¢ortlnuedJ Yoar ended 5 Aprfl 2025 Audltorfs responslbllltles for thè audlt of the financlal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report In accordance with the Act and relevant regulattons made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statemerrts as a whole 8re free from material misstatement, whether due to fraud or error. and to i85ue an audit5 report that includes our opinion. Reasonable assurance 1$ a high level of assurance. btrt 18 not a guarantee thal an audit conducted in accordance with ISAS {UKI VAII aayS detect a mat8rial mlsslalement when il exists. Misstatements can arise from fraud or e)r and aTe cortsidered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decis¢ons of users taken the basis of these financial statements. Irregularit¢es. indudlng fraud. aro instances of non<0MplHr with laws arKI regulalions. INe deslgn procedures In line with our responsibilrtie5, Outlined above, to detect material misstatements in respect irregularities. including fraud. The exlent to which our procedures are ¢apable of delecting irregularilie$, including fraud is detailed below.. Inquiry of th058 Charged with g0ManCe around actual and potgntial lrtwathjn and daims; Inquiry of trustees io kienllfy any instanGes of nonvcompliance wlth laws and regul*(on8: Rwigwing financial statement disclosures and testing to supporting documentation to as8 ¢omplianc• with applicable arKI regulations. Perfoming audit work 0r the risk ol management override of controls, including testing of joumal entries and other adjuslmenls for appropriateSS. evaluating the busines5 ratlonale of signifKant transaGti¢ns outside the nom)81 course of business and reviewing accounting estimates for bi&8. Because of the inher8nt limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a matertal misstslemenl in the financial statements or non<ompli8nce with regulation. This risk increases the more that compliance wrf(h 8 law or regulation is removed from the events arKI transactions refflected in the financkgl slatemenls. as we will be185s like to become aware of instances of non-compliance. The risk is atso greater regarding irregularities oG¢urring due lo fraud rather than error. 8s fra1 inw)fve8 intsnlional conceaknent, kngery, collusion, OMIlOn or mi5repre5entalion. As part of an audit in accordance with ISAS (UKI. we eXCl$e professi¢)nal judgnenl and maintain prof8$sh)nal scepticism throughout the audit. W• also.. Identsfy and assess the risks of material misstatement of th8 financLg1 statements. thether d( to fraud or error. design and perform audit procedures responsive to those risks, 8rKI obtsin audit evidence that is sufficient arKI appropriate to provide a basis for our opinion. Th& risk of not detectlng a material m¢sslatemenl resuIng from fraud is higher than for one resulting from eThor, as fraud may involve collusion, forgery. intentional cAnls8ions. mrePresentatiOnS, or the oVlde of internal control. Obtsin an understandiThJ of intemal control relevant to ts 8udit in order to (lesign aLKlit ocedures that are appropriate in thè circumstances. bul not for the purpose of expre$sing an cpini¢m on the effectIesS of the Intemal wntrol. Evaluate the appropriateness of accounting policies used and the rgasonableness of accounting eslimale$ and related disclosures made by the trustees.
Pag• 7 CB and HH Taylor 1984 Trust Independent Audltorfs Report to the Members of CB and HH Taylor 1984 Trust Year ended 5 April 2025 Conclude on the appropriateness of the trustees, ust of th8 going concern basis of accounting and, base(l on the audit evidenco obtained, whether a materfal uncertainty exists related to events or conditions that may cast signrfiont doubt on the chartty's ab11Y to continuè as a going coeM. If we eonclude that a material uncertainty exists, we are requira to draw attention In ¢)ur auditorfs report lo the related disclosures in the financial statements or. W such disclosures are inadequate, to modrfy our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditorfs report. Hthvever, futu evwbts or conditions may cause the chity to cea$e lo contsnue a$ a going concem. Evaluate the overall presentation, strudure and content of the financial statements. including the dlsclosures, and whether the financial Statements represent the und8rlyuig transactions and events in a manner that ach fair presentation. We communicate with those charged with governance warding. among olhw matter5. the ptanned scope and tlming of the audit and stgnrficant audit findings. includirwj any signifKant defi¢iencles In intemal control that we identfy during our audtt. Uso of our rgport This rep)rt is made 8okly to the charity's Injstees. as a body, in arxordance wth Part 4 of thé Chariti0$ IA¢counl$ and Reports) Regulal)ns 2008. Our audit work has been undertaken so that we might Stste to the charity's trustees those matters we are required to state lo them in an audilof8 report and f¢w no other purpose. To the fullest extent peThrtted by law, we do not accept or assume responsibility lo anyone other than the charity and the ch8riV$ trustees as a booy, for our audlt work, for this port. or fw the opinions we have fomwd. LLP Independent Auditors LLP Chartered AUtan¢s & Ststutory Auditor Emslrey House North Shrthvsbury Business Park Shrewsbury Shropshlre SY2 6LG lrtdèp8ndwtAuditorn LLP eli9ibl& to ?¢tS8 an au¢knrln tfjm of$8¢tton 1212 oftha CL¥panAGt2O1fj 26 tsIovEMBER 202S
Pag• 8 CB and HH Taylor 1984 Trust Statement of FinanGlal Activitles Year ended S April 2025 2025 Unrestrtctsd funds Total funds Total fund8 2024 Income and endowm•nts Donations and legacies InveStnnI income 25,000 686.195 25.000 686.195 576.417 Total Income 711.195 711.195 576.417 Expendlturn Expenditure on raising fvnd$: Investment management Costs Expenditure on ¢haiitable activities Totsl 8xpendbturg 120,577) {20.577) {21.0981 1605,854} (60S.854) (565.180) 1626,431} 1626.431) ($86,278) Net Ios8es on investrnents 10 I1,31,219> (1.390.219) (1,008,132) Net expendltur8 and net movement In fvnds 11.305.455) (1,305,455) (1,017,993) Retonclliation of fund5 Total funds brought fopward Totsl funds ¢arrI forward 13,841,110 13,841.110 14,859.103 12,535,655 12.535.655 13,841.110 The statement of financial acAlvltles indudes all gains and Ioss05 re¢ognised in the year. All income and expenditure derive frcAn continuing activrt¢es. Th• notss on pggo8 11 to Ernrl Bookmarf( not deffiréd. fomi p•rt ofth•8• Ilmndal stst•ments.
Pago 9 CB and HH Taylor 1984 Trust Statement of Flnanclal Posltlon 5 Aprtl 2026 Flx•d 1800ts Tanglblo flwl osJot• Invtsnents 14 4,233 4,833 18 12.261.074 13,649,849 12.255,307 13.554,882 Cuff•nt 49••ts 5,257 278,863 283,920 363 289,427 289,780 Caah at bank and In h•nd Cr¥dltorn: amubtsfalllng du• vAthln ono y• . Nrt ¢un•nt a8••ts Tolal a•••t• I•M Gurt Ilablllil•• 17 3,672 1352 280,348 288,428 12,636,855 13,841,110 12,536,850 13,841.110 Fund• of th• ¢harlty Unrn•lrfcod fund• 12,535.665 13,841,110 11 12,635,856 13,841,110 Tot•1 ¢harfty fund• Th•M finan¢knl •t•t•ments r0 approv•d by th boird of tru8t0M arnl •uthorfi•d for knuo On n•d on bohaw olth• bowd ty: T W Penny .TTu8te• Th• na¢•• m pw 1110 Errorl Bookffl•rft notdgffnad. lonn p4rt thnolfyl •latsm•nl•.
Pago 10 CB and HH Taylor 1984 Trust statement of Cash Flows Year ended 5 Aprll 2025 2025 2024 Ca8h flow8 from opgrntlng actlvlti Net expenditure (1,305.455) {1,017,9931 Adjustments for. Depreciation of tanglble fixed a888ts Net losses on Investments Dlvldgnds, interest and rents from Investments Other interest receivable and similar income Accrued expgn8981{wicome) 600 600 1.390.219 1,008,132 {679,9691 {572,1631 16,228) 14,2541 132 (2841 Ch8ng8s in.. Trado and other deblors Trade and other credltor8 14.904) 88 178) Cash generated from operalloni {805,51 $1 {585,4441 Intore8t re¢aived 8,228 {589.2891 1581,190} 4.254 Net cash u88d in operating actlvlll Cash flow• from InVlIng •ctlvttle• D6vldend8. inlere81 and rents from investments Purchas0$ of other InvestmenlB Proceed8 from of other Inve8tmenl8 679.989 572,183 {1,094.2011 1123,045) 1,002,757 125,370 588,525 574,488 Net cosh from Inve81ing activitbos Net d•crna•• In c••h •nd cMh •qulvalent• Ca8h and ¢h •qulval•nt8 at b•glnnlng of year Ca•h and cmh •qulval•nts at •nd olyoar (10,764) 289.427 278,863 <e,702) 296,129 289.427 The not•• pagw 11 to E11 80m¥ not defin8d. forni part ofth•8• flnanclal Statoments.
Page 11 CB and HH Taylor 1984 Trust Note8 to the Flnanclal Statsments Year ended 6 Aprll 2025 Gonornl Informatlon Th8 chwity Is a publtc benefit entty and a registered charty In EngL4nd and VlaleB and is unln¢orporated. The address of the prfncipal offlce is PO Box 282, Abery8lwyth, SY23 9BZ. ststamont of compll8nc• These financiel statements have boon prepared in compllance with FRS 102. 'The Finan¢lal Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of Rec¢Mmended Practlce appllcab18 to charities preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable In the UK and Republ¢c of Irdanil (FRS 102) (Ch8rf1168 SORP {FRS 1021} and tha Chari1188 Act 2011. Accountlng pollcle• 8* of prepjrntlon The fln8n¢lal 818lem6nts havo been prepared on tho hi8torirAI o)st basi&, a8 m(¢118d by the revaluallon of certain Ilnancial a88els al Ilabilitie8 and ir)ve8trnenl prop8rt108 m888ured al falr value through Income or 64)endllure. Tha flnanclal 8tatsmenl• ar8 pr6parnd In Jt•rllng, whlch 18 Iho furKttonal Currency of the ontty. Golng con¢orn There are no materfal uncertalnlh8 about th• chariV8 gbllity to contlnue. Judg•mts and k•y ¥our of 88tlmatlon nrtaInty The praparalion of the financial 8lal8menls requires Iru818e81o make judgements, 8stimate8 and assumptlons that aff8Ct the amounts reported. Th88e 881imats8 and ludgemenl8 are ntInu41ty reviewed and are based on experi•nc8 and other f8Ctor8, includlng 6xpectallon8 of futurè evenl8 that arn beliwed to b? reasonab undw the circumgtances. Fund accountlng Unr•8trkled funds aro available for uee at the dlscretlon of the trii8lee8 to further ary of the Gharity'8 purpose8. DeSnated fund8 are unre8tricted fund8 eaarkfjd by the trustees for partkular future prolect or commltment. Reslrict•d fvnds ar• subjected to reslrlction$ on thelr expondtture declared by the donor or through the tem18 of an appeal, and fall into one of Iwo sub-cla8se8'. re8trlcted income fund5 or endowment fund8.
Page 12 CB and HH Taylor 1984 Trust Notes to the Financial Ststements (c Year ended S April 2025 Accountlng pollcles Incomlng resouvces l incoming resources are in¢ded in thg Stat1 fvwKial tt entitlent h8$ passed lo the charity: Trt is probabte ll1 the e0>K¥n benefits as$cted with ts transacti 11 flow to the charty and trÈ •nounl can be re1bty rne88wed. The foU(xirvJ spth pdicies are applied to parttcubr eategories of irKome: incyTh frcdn donaticrfts grarts 15 rwntse(I Wh tlwe is evKSenca of entitknYw)t to ttr gift. receipt is probab end its amount can be Mured reEHW. incA)me ftorn doned 9th)ds is maasured * the fay valu8 d the gCAx18 ufts tlis is impr¥1[ lo measure relbabty. in which case the value is derNed fr(Mn the CA)St to the dorK>r the e¥tuYMted resale vdue. [kated facilit and ser4us are recognwj in the accounts whgn received rf the value can be Teqbty measural. No 8mounts are inded for income frcm contracts f(Y the swly of see$ is recigni8ed with the dolrvery of the Se. This is clas5ifted a5 unrestrthd funds unless there is a contrxtual requIrernt for it to be $pent on a paitular purpose and returned rf unspen( in wlmch case Expenditure 15 rwnis¢d on an basis as a liability 15 iruirrJ. Expendilure indudes ary VAT which cannc4 be fvlty recovered. is dasSIf urthr heading$ of ts statwnent of financial actmknes to which it res: expenditure on raising funds the eosls of all fundrak8irwJ a¢liwbe5, e4ents. experKliture on clkiritable acaivihes inthdes dl a)sts inCUrd by a charity in undertthrwJ tivities that further its Charitab aims the benefil of ts beneffi¢kn. indudirrfJ ihose SUFwi c05ts pthd ¢osts relating to the govemance of the charty to charilable othtr eXrlitUre indudes all eXpeThJlt that 1$ r¢ither remed to r8isiThJ funds for th• AII costs are alkxated to expenditure c4legorl rnll&ng the Llse of the resource. Direct costs attributable to a Sing are ale directy lo that xtmty. Shad costs are apporticffted between the activitw they contribute to on a reasonable, justifmble and nSiStenI basis. Tangible agsets Tangible assets are inith?ty erded at cost. 8ubsewpJrtty stated at a)st less any accumulated deweoatscffi and impaimwnt losses. Any tarytile assets carri•J at revalued arnounts are recorded at thg fair vdue at fv date of revaluat less any subnt auMulated depreci8tK and sub¥equent mu1#1ed impairment105ses.
Page 13 CB and HH Taylor 1984 Trust Notes to the Financlal Statements Year ended 5 Aprll 2025 Accounllng pollcles Tanglble assets Icortknuo An Increase in the caryiThJ amnt of 8n a58et 88 a resul of a maluali)n. is recogni$ Mi other rwnised gains and kwes, uft5 il reverses a ¢hargé ts wnpairffnt that has previoLkSty been recognised as expendiiure within the statement of fmancial activi. A decrease in the caryirwJ amount of an asset as a resurt of revduakn. is re(4ni8&I in other recoJnised gaw and hJsse8. except to whh it offsets any prevTr)us revaluatKm gain. in wh¢ch case the h)ss is $hcNm within other recognised gains and tosses on the OffWl4 a¢IN1t& Depretiati DepreciatKJn 1$ ¢abJWJ 50 as to t118 off the ¢ost or valuatth of an asse( less ft¥ lJU81 vdue. overthe useful ectirK lite oftst asset as folkw5: Cryuter equiwrwt 133% Stsghl kne Investments Unlisted Ulty Mivestmerts are inlialty recorded at eosL and subsequentty measured at feir vaME. Iffair value cannot be ffasured, assets are measured at ¥t less Impainrnt. Lisled invesfftnts are nwsured at fair vak wih ch8w in fair value being rwnised in income or expenditure. Flnanclal Instruments A financral a&8et or a finKaal bablty is rwx4nised onty kn the dwrity becomos a p¥ty to the contractual provblons of the instrUMlL Basic financial InStn are initialty reccgnised * the WInI rec8lWab ly payth incjudwig Crn1 assets and lIent liabilities we subsequenty rned at cash or olher ¢0rtsthrati to be paNJ or recer%d and Ix)t d9nted. Vthere inve¥trnents in shares are pubkty trd theTr fair Yalue 01 dherwi%e be relkgbty, the investment is subsequenty ffthsured at fr value with thanges in fair value recognssed in inccffie and expenditure. All cther suth InvestsTts are subseqwitly measured al ¢05t less NnPainL Other financial instruments, in¢luding deliv. are inith71ty rwnised al fair value. unless paYnI for an asset is defeed beyond ncTrl iwsiness te or financa * a re d inlerest lh is not a mathel re, in whh case the asset is measured at the present value of the future payments diSCnIed a a NHrket rate of intere5l ts a wmilar debt instnwnènt Olher finwKral instruments are sUbseqnty measured at fair value. wlih any changes recoonlsed in thé statement of trties. wth ts exceplh)n of h&irKJ instruments in desJnated hedging relanshi.
Page 14 CB and HH Taylor 1984 Trust Notes to the Flnancial Ststsments IconthJuedJ Year end 5 Aprll 2025 Accountlng pollcles (¢oftWnu¢ FlnanGlal In•truments (conUnu8dJ Flnancial assets that aT• 8Sured at Cost or amortljgd cost are revlewed for objectlve evtdence of impairment at the end of each ffjportlng date. If there 1$ oblÉctfve evidence of impairrrh8nl, an impaimient Ios8 18 recognlsed under the appropriate heading in the statthnent of financlal actlviltes In whlch the Inttial galn was recognl8ed. For all equ4ty Instruments reg8rdle88 of slgnificance. and other finan¢lal 888et8 that 8r• IrKlividualty 8ignifKant, these arè assessed Individually for impaimient. Other financlal a888ts are elther a888888d individu81ty or grouped on the ba818 of similar crodil rlsk Character18t. Any reverBal8 of impairment are wognised Immedialoty. to the extent that the rtsver881 does not rn8uIt In a carrying amount of the flnancial 8s$et that exceeds what the carying amount would have been had the impainnent not pravKiu8ly b68n recognl8*J. Donatlons and l•gacl Unr•6tri¢ted Totsl Fund• Unre8tricted Totol Funds Fund• 2025 Fund• 2024 Donatlon• Donatton8 25,000 25,000 InvMtffl•nt Incom• Unr¢8trtcted Total Fund• Unra•lrfcted Tolal Funds Funds 2025 Fund8 2024 Inwme frryn Ilsted Inve8lmen18 Loan Stock Inlera$l Bank intere8t rec6W)18 590,777 89,192 6.226 s,777 89,192 6,226 495.356 76.807 4,254 576,417 495,358 78,807 4,254 576,417 686,195 686,195 Invo8lm•nt m4g•M0nt ¢08ts Unrestricted Total Funds Unre8trtcled Ti>tal Fund8 Funds Fund$ 2024 Irwostment managemonl f8•8 and bank charge8 20,577 20,577 21,098 21.098 Expendltur• on chailtable actlvltlfjs by fund type Unrestricted Total Funds Unrestricted Total Fun¢Jg Fund8 2025 Funds 2024 Grant¥ Support ¢ost$ 592,225 13,629 605.854 592,225 13.629 605.8S4 S53.674 11.506 585.180 553,674 11,508 5,180
Page 15 CB and HH Taylor 1984 Trust Notes to the Flnanclal Statements fconl Year andad 6 Aprll 2025 Expendfture on charltable •G¢lVlt1 by actlvlty typ• Grant funding of actlvili88 Supwt Totsl fund8 2025 Total fund 2024 Grants Govemance co8t8 592.225 7.711 5,918 13.629 599,936 5.918 559.507 5.673 565,180 592.225 605,854 Analy81• of •upport cost• Grnnts Totsl 2020 Total 2024 Secretarial remuneration and expen8•6 Audit f888 Ac¢ountancy f••B Motor and trav81 expen$e8 Sundry expen8•$ Rent Depreciatlon Postage and 8talio 7,711 1.590 1.290 167 1,204 612 7,711 1,590 1.290 167 1,204 612 800 456 5,833 1.SOO 1,310 1,028 eoo 851 455 13,629 13,829 11,506 10. Nrt10•80• on Inv••tm•nts Unr881ri¢ted Tot41 Fund• Unre8trict8d Total Fund8 FundB 2020 Fund• 2024 Galn811108808) on d18P0881 of1181¢d Investments GainBIIIo88es) on revaluation of Ihted Inveslments (93.818) 193.6161 113,758) 113,758) 11.2*,603) {1,298,6031 1994,374) 1994.374) 11,390,219) (1,390,219) (1,008,132) (1,008,132) 11. Net expgndlture Net expenditure is Stated after Charg1{CredItig}. 2028 2024 Depreclatlon oftsngible red 888818 Fees payabte for the audit of the financwl statem8nls 800 1,590 12. Staff coBI• The average head count of emptoyee8 during the year was Nil12024.. Nill. No employe8 recefved eMpbY benefrtg of more than £60,000 duTing tho r (2024: Nill.
Page 16 CB and HH Taylor 1984 Trust Notes to the Flnancial Statsments f¢onihpwdJ Year ended 5 April 2025 13. TnMte8 rnmuneratlon and expen8•S No remun&ralion wag paid to tru8tee8 during the year, nor werè ary trustees, exp8n8es reimbursed. 14. Tanglbh fixed a88•ts Computor equlpmw At 6 Aprll 2024 and S Aprll 2026 Depreclatlon At 6 April 2024 Charge for the year At S Aprll 2026 Carrylng amount Al 5 Aprll 2026 At S Aprll 2024 8,616 1,783 2,383 4,233 4,833 IS. Inv8•tmont• Ll•t•d Inve•tm•nt• Ct or valuatlon At 6 Aprll 2024 Addition8 D18PO8815 Falr value movements 13,549,849 1,094.201 {1,096.373} 11,296,603> 12,251,074 At S Aprll 2026 Impalmi•nt At 6 Aprll 2024 and 6 Aprll 2026 Carrylng amount At O Aprtl 2026 At 5 April 2024 12,251,074 13,549.849 All investments 81)uwn abo ara helj at valuation. FID•nclal Js80ts hold at falr valug The flxed asset Investments comprise listed Investments whkh have been valued based on publicly available market price¥ by the investment furKI managers.
Page 17 CB and HH Taylor 1984 Trust Noto• to the Flnan¢lal Statom•nts (¢tythu•dJ Year ended 5 Aprfl 2026 18. DobtQfS 2024 Prepayment8 and accrued Income Other debtors 257 5,01)0 5.257 353 353 17. CrndltOV8: amounts lalllng due wlthln one year 2020 2024 Tr&de creditors Ac£rua18 and deferred Income 682 2,890 3,572 2,758 3,352 18. Anaty•l• of Gh•rltabl• fund• Unr••trl¢l•d lynd• At 6 Aprll 2024 Galns and At lossej il Aprll 2026 Ir¢¢ome Expendllure General fund8 13,841,110 711,195 1626,4311 {1.390.2191 12,535,865 At 6 Aprll 2023 Galn8 and At 1098e8 S Aprll 2024 Incorrn Eypgnditure Gener81 fvnd8 14,859.103 578,417 (586,2781 11.(108.132) 13.841,110 19. Anal1 of n•t •61 bthèn fund8 Unro8lricted Total Funds Funds 2026 Tangible fixed as8ets Investmen18 Current a888ts Creditor8 tes8 than 1 year N•t a880ts 4.233 4,233 12,251,074 12.251,074 283,920 283.920 13.572) 13.5721 12.535.655 12,535,e55 Unre8lri¢ted Total Funds Fund8 2024 Tangibte fLxgd ass918 InveStmts Current assets Credltor81888 than 1 year Net a88ets 4.833 4,833 13,549.849 13,549,849 289.778 289,778 {3,350} 13,350) 13.841,110 13,841.110
Page 18 CB and HH Taylor 1984 Trust Notes to the Financffial Statements (Coftdnued) Year ended 5 Aprfl 2025 20. Analysls ol ¢h•nggs In net debt At At 6 Apr 2024 C88h tlow3 6 Apr 2025 C88h at bank and in hand 289,427 110,764) 278.663 21. Anaty818 of Investments Market Value Shares 31 InfrastsLKlure Astrazeneca Airaio Onsf(e Energy Centrica DvJital 9 Infrastructure Oowning RenewaEAos Fidelty China Special Situabon$ Fore$i91tt EMronmenl81 InfrastNclure Gore Street Energy Glaxo Smithlain8 Haleon PIC Hill & Smith Home RE PIC IMI Intemational Public Partn•r$hip Intemational Papèr Company S71,129 551.208 204,288 32.040 169.650 258.720 317.775 235.305 306.180 103.545 374.136 58.500 606.960 273.086 453.108 226,880 186.813 432,762 621,106 424.567 189.880 196.776 426.008 242.774 201.636 406.560 414.675 391.BSO 424.800 160.975 194,766 Johnson Matthey Legal & Geneial Londonmetric Pioperty M&G Imstmènt Funds M&G Morgan Atrdnced National Grid Pennon Group Pnjdential Reckttt Btnclaser Renov Renishaw Rotork SehrDder BSC Social SDCL Energy Efficiency Income Twst
Pw19 CB and HH Taylor 1984 Trust Notes to the Financlal Statements Year ènded 5 Aprfl 2025 21. Analysls of Investhwnts (Cont1 Market Valug Sprax-sarco EnneelIng Tate & Lwe Unilthyr Unrted Utilrties Vodafone Wood Group 381.480 238,176 971.658 453.005 184,981 10.119 11,897.877 UK GLvtmment 8Mds 353.197 353.197 22. Anatysls of grnnts 38Eh W4sall Scoth (>oup Abl8w•ll Athice Action 1n$t Hlryer ActlDn Change Aty8nist8n and Central Asian A$Slaon Afriean . Imesbrtg in Edu¢on AfrTrcan Women Impact UK ongside Aftica Amos Trust 1.000 1.000 10.000 500 1.000 1.000 500 500 5.000 500 1,200 1.000 1.000 1.000 1.000 7.000 750 1.000 1.500 1.000 18.000 Aseconthhance Ashiana Communty Pmject Assocration For ROhalI13t1On For ConIcal0n And Oral Skils Ballynahinch Counselling SeThice 8•ttei Undefstaiding of Dèmentia for SarKtr Beyond the Honzon Charity Birmingham Assn. ofyouth Clubg &"rnwngham BolanK Gatdens BirFrllngham DisalM"lty Resource Cerrtre Bimungham Hosi>ce-The Hos5xce Charity P•lnw5hip Birmingham Ind Thernpy A55cnlBetier Pathways 81mnaM SettSemerrt
Page 20 CB and HH Taylor 1984 Trust Notes to the Flnancial Statomants Year ended 6 Aprfl 2025 22. Analysls of grnnts {conlkn 2025 nintham Women's and Children's Hosty4 Chwtiy Bourn%ille QMH Brethng 8arnters Brtain Yeady Meeting British Friènd5 of QCEA Bntish ShalorTrSalaam TNst rizOn5 Care Across Communities CareTS Twst Heart olEnaN1 Cast MinistriOS Central England Area Quaker Meeting Chities Central England Quakeis - christ$ Pwcds Centre fDr Peace1lIdIng & Conyryjnty Debtlo CEQ Peace Commitiee chann9 Lp$ Md4wi Changng Tunes Chamey Manor Society of Fitends Clwld In Need Inla Child Rescue Nepal child.org Chris Wests¥ood Chanty for ChitdT8n with PhysKa ts&4lilies Christian Eng1ftee in Dffielowfit Ccrfne-tGaod Quaker Meeting Coth Cases UK Communty S• Ethcalton Compton Caie Ctr40nlry 8oys and Gths Club Crirrllnon UK Cntse 8imNngham Days fot Girfs UK DeafKidz Inlematsonal tk$aknlty & Dthlopment Partne DisalM'Ity 1¢? Dog Assistsnce in Disakn"lty Dunu Intemaiiona Ajd EcoBifmingham Educab'on fur Ebpry 1.ODO 500 1.OOQ 75.000 14.000 5.000 10.000 500 1,000 1.000 1.000 3.000 3.000 500 1.000 1.000 1.000 1.000 1.000 1.000 1.000 soo 1,000 1.000 950 1.ODO 1.000 1.100 2.000 1.000 1.000 1,000 1.000 2.000 2.000 500
Page 21 CB and HH Taylor 1984 Trust Note8 to tho Flnancial Statements (eonthwd) Year ended 5 Aprfl 2026 22. Analysls of grants (conthiu 2025 Etharrf9 Trust Engage *ilh Age Enger8 UK Engineèring De¥elopment Trn81 Equality in Tourism In18mational Evory Casualty Worfdwide Fami Action F8mity Holiday Chanty F3rgShar• Midlands Father Hudson's Soci•ty Ua Father Hud$on's Care Feed the Mind¥ Forward Athica Fountain of P0ac• Chil+Jren'8 Foundation UK Fieedom from Torture Fr•sh Start Future EnterNis88 Fnend5 of Ibba Gills. School IFIGSI Friond8 of Morazan Future of Taru Gap Mini8tTre8 Gathimba Edward¥ Foundalion (GEF} Ggese Thealre Company Global Hedth Film Inrtiatwe Hands Amund the Worfd HJppy Days Family Group Home Siart BirMinarn T8meside Home-siart Bimiin9ham North We$1 HOPE Coventy Hope International Othyl. Agency Hospiee Eihiowa UK Humanity and Inclusion UK Inner Cty Lilg InterAct Stroke Supp Jaya Mental Health Kaleidoscop8 Plus Gmup K1$ Neighbour Sche Kate Rose Academy Kenya Children C8ntrès 1.000 1.000 1.000 1.000 1.000 1.500 8.000 1.000 2,000 1.000 1.000 2,000 1,000 2,000 1,000 1,000 500 1,000 1.000 500 1.000 soo 500 1.000 1,000 1,000 1,000 1,000 1,000 8,000 1.000 1,1)00 1.000 1,000 1.000 1.000 1,000
CB and HH Taylor 1984 Trust Notes to the Flnancial Ststements (Wllthuedj Year ended 5 Aprfl 2025 22. Anatysls of grants (conllnued) lfjds Club Kampala lfj'ngswood Tn5St Let the Children Hear Made for More Nl Mama n8 mtolo uk Margarel Pyke Trust Matalo'ri Turnaini TNst Matemal Health Africa SCIO Medaii UK Medical for PalesnIanS (MAP) Mid Thames Afea Quakef Meeting Mondo Foundation Money fof Madagasca Neolree Ngtwork for Pthica New Lrfe Nyambene Newbom Irdant & Child Health Edn Inlemational Northem Iland Deaf SwJrtS Omega, The National Association for End of Life Car9 Operation Imprezza Out of Africa 1.000 1.000 1.000 1,000 500 1.000 500 1.000 5.000 5.000 1.000 1.000 25.000 1.000 1.000 1000 1.000 1.000 1,000 1.000 2.000 15.000 1.000 1,000 1.000 1.000 1.000 5,000 1.000 2.000 2.000 1.000 1.000 13.000 14.000 32.000 1.000 P.H.O.E.8.E Cèntre Pan3hghar Partneis for Change Ethiopa Path to Prosper Peace Works mbabWO Plan Intem*ional UK Play il Forward Practical Tools Initia Prisoners of cOnlence Project Harar Quaker Action on Acohol & Drugs Quaker Intemakn'on31 Educational Trust Quaker SeTric& Orelandl {aker Social Aetion Quaker Tape9try Kendal
Page 23 CB and HH Taylor 1984 Trust Notes to the FlnanGial Ststements l¢onthiu¢dJ Year end•d 5 Aprll 2025 22. Anaty81s of grnnts (ct7ntlnu¢oJ 202S Quak•T Unrted Nalions I¢8 Quaker Voluntary Action Queen PJ6xandra Collégé Rahbei-Th• Afkns Railway Children R8dEarth Willa98 Schools UgarHla Relate Birmingham Rgscue the Peri8hiTr9 FlcNic RLabs UK Ryders Green Moihodi81 Day Cenlre Sahion Amw Samantans Bimiingham Sandwell Asian Dev•lopm•nt Association Sandwell Homeless & Regettlemenl Project Sandwell Parents for Oi$abl8d ChildTen Scholarships lov Siieel 'd$ Shg11or Sir Jogiah Magon Tfust Sophie Hayes Foundion SOSI speci Educaiional Needs SOundabl Southern Ahtca Resourc83 Centre St Gilos HO5¢@ Si Jamès Fletchamste8d Cmnty Si Marts Community Hub St Richarfs HO91 Foundation Stouilmdga M8qbng Streams of Mèrcy Street Teamg Stfoud District (Cowlèl Musèum Support and Lcrte bia Education Inlémational Support Through Court Taslelrfe UK Team DINqA GloLwl Tearfund Temwa 18.000 3,000 2.000 500 1.000 1.000 5,000 2.000 1.000 1.000 1.500 10.000 3.000 1.000 2.000 1,000 3,000 12,000 1.000 2,000 1.000 1,000 500 2.000 1,000 2.000 2.000 1.000 soo 1.000 1.000 2,000 1,000 1,000 500 5.000 1.000
Page 24 CB and HH Taylor 1984 Trust Notes to the Flnancial Statements (¢ondnu Year ended 6 Aprfl 2025 22. Analysis of grnnts (¢ortJ 2026 The Ablighlon Trust The Ali3nce for Intemational medal Action UK The BiuThngharn Society The Central British Fund for Wodd Jewish Relief The Cycle I The Feast Youth Pro11 The Fri8nd The Gina Project CIC (GI4) The Hafdman Trust The Hunger Project UK The Loma Young Foundation The Mango Tree The Michael Project UK The No Way Tnjsl The Panathlon Foundation The Rectypry FOUndaOn The Si. John and Red Cross Theif Futurè Todty rigers4Ever TLC Foundation Tools for Self Reliance Trailblazers Mentoiing Trio Uganda Tu0 Ghana UK for UNHCR UNICEF UnN¢rsfy Education Unlock Vigion Care fof Homeless PeoFle Wdsall Berement Support SeNce Walsall Society hr the Blir West MKllands Quaker Peace Education Project Whizz K w0[haMon Yotth Zone Woodbrooke Quaker Study Centre Woodlands auaker Home for Older PeOe World Medical Fund For Children 1,000 3.OiXI zooo 1,000 1.000 1.000 6.000 1,000 1.000 2.000 1.000 1.000 1.000 1.200 1,000 2,000 1.000 1000 500 1.1100 4.000 2.000 500 1,000 9.oiyj 8.000 1.000 1.000 1.000 1,000 1,000 6.ofjo 1,000 1.000 24.000 4.000 soo
Pag• 2S CB and HH Taylor 1984 Trust Notss to the Flnanclal Statements Year ended 5 Aprfl 2026 22. Analy819 of grants (¢onthu•dJ YFIA (England and Wales) Young Friends General Meeting 3,0(Kl 2.0(p) 592,225