REGISTERED CHARITY NUMBER: 292910
Re
ort of the Trustees
Unaudited Financial Statements for the Year Ended 5 A ri12024
for
The Pan
on Trust

The Panton Trust
Contents of the Financial Statements
for the Year Ended 5 A ril 2024
Page
Report of the Trustees
Report of the Independent Auditors
Statement of Financial Activities
Balance Sheet
Noles to the Financial Slatemenls
7t013
Statement of Financial Position
14

The Panton Trust
ort of the Trustees
for the Year Ended 5 A ri12024
The trustees present their report wth the financial slalements of the charity for the year ended
5 April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
{FRS 102) leffeclive 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by ils governing docL¢ment. a deed of trust and constitutes an
unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
292910
Prlnclpal address
The Brentano Suite
Solar House
915 High Road
North Finchley
N12 8QJ
Trustees
LM Slavin
RD Crai9
Approved by order of the board of trustees on 14 Jan 2025 and signed on ils behalf by:
LM Slavin Trustee
Robert Craig- Truste8

The Panton Trust
ort of the Inde
endenl Reviewer
for the Year Ended 5 A
12024
I report to the charity trustees on my examination of the accounts of the company for the year ended 5
April 2024.
Res
ective Re$
onsibilities of Trustees and Examiner
As the charity trustees of the company land also ils directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies
Act 2006 I'the 2006 A¢l'l.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examinallon. I report in respect of my examination of
your company's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Acl'l. In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 14515Xbl of the 2011 Act.
Basls of Inde
endent Examlner's Re
ort
My examination was carried OLSt in accordance with the General Directions given by the Charity
Commissioners. An exarnination indudes a review of the accounting records kept by the charily and a
comparison of the accounts presented with those records. It also includes Consideration of any unusual
items or disclosu￿S in the accounts, and seeking explanations from the trustees con￿rning any such
matters. The procedures undertaken do not provide all of the eviden￿ that would be required in an
audit, and consequenuy we do not express an audit opinion on the accounts.
Inde
endent Exa
er's Statement
I have completed my examination. I confirm that no matters have come lo my attention in connection
with the examination giving me cause lo believe that in any material respect..
•accounling records were not kept in respect of the company as required by section 386 of the
2006 Act", or
•lhe accounts do not accord with those records,. or
•the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accoL*nls give a 'true and fair view, whi¢h is not a matter
considered as part of an independent examination., or
*the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities lapplicable lo
charities preparing their accounts in accordance with the Finanoal Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102)].
I have no concerns and have come across no other mallers in connection with the examination to which
attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be
reached.1 have no COn￿rnS and have come aeross no other mallers in connection with the examination
to which attention should be drawn in this report in order lo enable a proper understsnding of the
accounts to be reached.
Peter Taylor FCA
Ta￿or Associates
1 sl Floor, Gallery Court
28 Arcadia Avenue
Finehley, London .N3 2FG
14Jan-25

The Panton Trust
Slalemenl of Financial Activities
for Ihe Year Ended 5 A
ri12024
2024
2023
Unrestricted Total
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
31.000
22.500
Investment income
3,216
2.280
Total
34.216
24,780
EXPENDITURE ON
Charitable activities
Donation expenses
29,700
9.000
Other
14,853
8.471
Total
44,553
Nel gains (loss} on investments
1.280
NET INCOMEIIEXPENDITUREI
{9,057)
5.191
RECONCILIATION OF FUNDS
Total funds brought forward
246.482
241,291
TOTAL FUNDS CARRIED FORWARD
237.425
246.482
The notes form part of these financial statements

The Panton Trust
Balance She
ri12024
2024
2023
Unrestricted Total
fund
funds
Notes
FIXED ASSETS
Listed Investments
Investments in Subsidiary & Undertaking 5
70,887
69,607
147,359
146,079
CURRENT ASSETS
Debtors
Cash at bank
37.129
61.601
98.730
36,128
72,446
108.574
CREDITORS
Amounts falling due within one year
{8,664}
18.172)
NET CURRENT ASSETS
237.425
246,482
TOTAL ASSETS LESS CURRENT
LIABILITIES
237,425 246.482
NET ASSErs
237,425
246.482
FUNDS
Unrestricled funds
237,425
246,482
TOTAL FUNDS
237.425
246,482
The financial statements were approved by the Board of Trustees and authorised for issue on 14tj
Jan 2025
LM Slavin - Truslee
Robert Craig- Trustee
The notes fomi part of these financial statements

The Panton Trust
Notes to the Financial Staiemenls
for the Year Ended 5 A
ri12024
ACCOUNTING POLICIES
Basis of preparing the financlal statemenls
The fi'nancial statements of the charity, which is a public benefit entity under FRS 102. have
been prepared in accordance wlh the Charities SORP {FRS 1021 'Accounting and Reporting
by Charities= Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ire18nd IFRS 1021 (effective 1 January 20191.. Financial Reporting Stand8rd 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the
Charities Act 2011. The financial statements have been prepared under the historical cost
Convention, with the exception of investments which are included at market value, as
modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activrties once the charity has
entitlement to the funds. rt is probable that the income will be received and the amount can
be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive
obligation ￿MMItt1ng the charity to that expenditure. it is probable that a transfer of
economic benefits will be required in settlement and the amount of the obligation can be
measured reliably. Expenditure is accounted for on an accruals basis and has been
classrfied under headings that aggregate all cost related to the category. Vvhere costs cannot
be directly attributed to particular headings they have been allocated to activities on a basis
consistent with the use of resources.
Granls offered subject lo conditions which have not been met at the year end date are noted
as a Commitment but not accrued as expenditure.
Taxalion
The charity is exempl from tax on its charilable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives al the discretion
of the trustees.
Restricted funds Can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for particular
reslricled purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
continued...

The Panton Trust
Notes to the Financial Stalements- continue
for the Year Ended 5 A ril 2024
INVESTMENT INCOME
2024
2023
Other fixed asset invest- Fll
Interest receivable Irading
2,322
894
1,574
708
3.216
1.438
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneratlon or other benefits for the year ended 5 April 2024 nor
for the year ended 5 April 2023.
Trustees, expenses
There were no trustees. expenses paid for the year ende(J 5 April 2024 nor for the year
ended 5 April 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies
31.000
Investment income
3,216
Total
34,216
EXPENDITURE ON
Charitable activities
Donation expenses
Other
29,700
Total
44.553
Net gains on investments
1,280
NET EXPENDITURE
19,057)
RECONCILIATION OF FUNDS
Total funds brought forward
246,482
TOTAL FUNDS CARRIED
FORWARD
237,425
continued...

The Panlon Trust
Notes lo the Financial Statements - continued
for the Year Ended 5 A
ril 2024
FIXED ASSET INVESTMENTS
Investments In
Subsldiary & Listed
Undertaking Investments
Totals
MARKET VALUE
Al 6 April 2023
Revalualionslllmpairment)
76,472
69,607
1,280
146.079
1,280
At 5 April 2024
76.472
70,887
147.359
NET BOOK VALUE
At 5 April 2024
76,472
70,887
147,359
At 5 April 2023
76,472
69,607
146,079
There were no investment assets outside the UK.
Cost or valuation at 5 April 2024 is represented by..
Investments in
Subsldiary & Listed
Undertaking Investments
Totals
Valuation in 2024
Cost
1.280
76,472
1.280
69.607
146,079
76,472
70,887
147.359
If Charrfund had not been revalued. it would have been included at the following historic81
cost..
2024
2023
Cost
69.607
71,726
Charifund were valued on an open market basis on 31 March 2024 by M&G.
2024
2023
Market Value at 6 April 2023
Additions
Disposal
{ImpairmenlyRevalualion
146.079
148,197
1,280
Market Value at 5 April 2024
147.359
146.079
continued...

10
The Panton Trust
Notes to the Financial Statements - continued
for the Year Ended 5 A ril 2024
The Trust owns 1000/0 of the share Capital in The Aumrie Limited. At 5 April 2024 the company
had net assets of £800.670 and made a profrt of £31,369 before paying donations of £31,000
to the Trust.
Profit and Loss Account:
2024
2023
Tumover
Other income
Administrdlive expenses
68.189
65,115
67,7341
60.8691
eratln
Profitl
Loss
Tax on losslprofil on ordinary activities
455
4,246
Retained Profit
Loss
for the
ear
369
4,246
Balance Sheet:
2024
2023
Fixed assets
Current assets
Creditors.. Due within one year
735,000
116.596
50,926)
735.000
117,541
52,2401
Net Assets
800,670
800.301
DEBTORS." AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Amount due from group undertaking
Tax
37,128
36.127
37,129
36,128
continued.-.

11
The Panton Trust
Notes to the Financial Slalements - continue
for the Year En(ied 5 A
ri12024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Other creditors
8,664
8.172
8,664
8,172
MOVEMENT IN FUNDS
Not
movement
in funds
At
5.4.24
At 6.4.23
Unrestricted funds
General fund
246,482
{9,0571
237,425
TOTAL FUNDS
246.482
9,057)
237,425
Nel movement in funds. included in the above are as follows..
Incoming Resources Galns and Movement
resourc95 expended
1055¢$
in funds
Unrestricted funds
General fund
34,216
(44,553)
1.280
{9,057}
TOTAL FUNDS
34.216
44.553)
1,280
9,0571
Comparatives for movement in funds
Net
movement
in funds
At
5.4.23
At 6.4.22
Unrestri¢ted funds
General fund
241.291
5.191
246.482
TOTAL FUNDS
241.291
5.191
246,482
continued...

12
The Panlon Twst
Noles to the Financial Statements - continued
for the Year Ended 5 A ri12024
MOVEMENT IN FUNDS- contlnued
Comparative net movement in funds. included in the above are as follows=
Incoming Resources Galns and Movement
resources
expended
losses
In funds
Unrestricted funds
General fund
24.780
117.471)
{2,118)
5.191
TOTAL FUNDS
24,780
17,471)
5,191
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
In funds
At
5.4.24
At 6.4.23
Unrestricted funds
General fund
241,291
{3,866)
237.425
TOTAL FUNDS
241,291
3,866)
237,425
A current year 12 months and prior year 12 months combined nel movement in funds,
included in the above are as follows=
Incoming Resources Gains and Movement
reSQUTCgS
expended
losses
in funds
UnrestriGted funds
General fund
58,996
162.024)
{838)
(3,8661
TOTAL FUNDS
58.996
62,0241
3.866}
Continued...

13
The Panton Trust
Notes to the Financial Statements - continued
for the Year Ended 5 A
ri12024
RELATED PARTY DISCLOSURES
Accountsncy fees of £8.66412023'. £8,172) We￿ due to Ramsay Brown LLP. in which the
trustee Mr L M Slavin is a Partner.
During Ihe year. the Trust received donations of £31.000 {2023'. £22,500) from its subsidiary
undertaking. The Aumrie Limtted.
Legal fees of £5,88012023'. £Nill were paid to Howard Kennedy LLP, in which the trustee Mr
R Craig is a consultant.

14
The Panton Trust
Detailed Slalement of Financial Activities
for the Year Ended 5 A
ri12024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacles
Donations
31,000
22,500
Investment Income
Other fixed asset invest - Fll
Interest receivable - trading
2,322
894
1,574
706
Total Incomlng resources
34.216 24,780
EXPENDITURE
Charltable actlvities
Donation expenses
29,700
9,000
Support costs
Insurance
306
297
Finance
Bank charges
Governance costs
Auditors, remuneration for non audit
work
Accountancy and legal fees
14.544
8,172
14.544
8,172
Total resources expended
44.553
17,471
Net (expenditureifincome before
gains and losses
110,3371
7.309
Realised recognlsed gains and losses
Realised gainsl{losses) on fixed asset
investments
1.280
12,118)
Net (expenditure}Ilncomo
9,0571
5.191
This page does not form part of the ststutory financial statemenls