REGISTERED CHARITY NUMBER: 295998
ort of tho Trusteos and
Unaudited Financial Slatements
for the Year Ended 5
rll 2024
G D Horbert Charltsblo Trus
Monahans
Chartered Accountants
Hermes House
Fire Fly Avenue
Swindon
Willshire
SN2 2GA

G D Herbort Charitable Trust
Contonts of tho Flnanclal Statements
for the Year Ended 5 A
ril 2024
Pago
Report of the Trustees
Independent Examlnerfs Report
stat•m•nt of Flnanclal Actlvltlos
Balance Shgot
Notes to Ihe Flnancial Statements
6 to 11

G D Herbert Charltable Trust
Re
ort of Ihe Trustees
for tho Year Ended 5 A rll 2024
The trustees pre5enl thelr report wlth Ihe financial statements 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 charitieg preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 102) leffeclive 1 January 2019)-
OBJECTIVES AND ACTIVITIES
Objectlves and alms
The object of the trust is to provide support for medicine and health, welfare and environmenlal resources. The trust
achieves this by making grant5 to beneficiaries
Publlc bonaflt
The trustees have paid due regard to the Charity Commission's guidance on publlc benefit In deciding what activities the
charity should undertake. The trustees consider that they have acted in the public benefit.
Grantmaklng
The trustees ￿VIeW donations at Iheir annual general meeting in Februarylmarch of each year and may make Some
adjustments but for the most part continue the donations to the beneficiaries listed year on year. The Injstees make
very few special donations, in the health and welfare fields only. In the main, decisions are made by the trustees at their
annual meeting.
ACHIEVEMENT AND PERFORMANCE
Charltable actlvltl&s
As shown on the attathed schedule the trustees made 24 regular donations totalling £76,500 and 8 speclal payments
totalling £22,500.
FINANCIAL REVIEW
ReseNes policy
The Trustees have agreed that together the expenses of running the trust and Ihe grants and donations made should
total approximately 40/0 of the value of the portfolio. It is not the trustees, intention to hold substantial ￿SeNe$ bul to
settle these costs initially from income arising from the portfolio. In the event of this income not being sufficient to cover
the outgoings then the ITusl6es can make an appropriate transfer to income fund from capital. At 5th April 2024 free
reserves stood at £45,034.
It will be noted that the lolal of grants made was £100,000 out of inveslment income of £68,308 before administration
expenses, the balance being withdrawn from the capital account brought forward from previous years. It is not the
trustees, policy to retain any significant reserves of income. At 5th April 2024 the market value of the trust investments
managed by Investec stood al £2,796,967 and they also held cash funds lotalling £50.503. The increase in market
value during the year was £281,451.
FUTURE PLANS
The trustees wll continue to look for opportunities to assist beneficiaries and to maximise Ihe resources available for
such grants.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by its goveming document, a deed of trusl and constilules an unincorporated charity.
The Charitable Trust is govemed by a tfust deed dated 9th April 1986.
REFERENCE AND ADMINISTRATIVE DETAILS
Registgrod Charity number
295998
Prlnclpal address
Veale Wasbrough Vizards
24 King William Street
London
EC4R 9AT
Trustees
Judith Margaret Cuxson
Caroline Beaumont
Page 1

G D Herbert Charltable Trust
ort of the Trustees
for the Year Ended 5 A rll 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examinor
James Gare DChA FCA
Monahans
Chartered Accountsnts
Hermes House
Fire Fly Avenue
Swindon
Willshire
SN2 2GA
Solicitors
Veale Wasbrough Vizards
24 King William Street
London
EC4R 9AT
Investment Advisers
Investec Wealth & Investment Limited
2 Gresham Slreet
London EC2V 7QP
/Y. 7.1+
Approved by order of the board of trustees on ............................................. and signed on ils behalf by:
Caroline Beaumont- Trustee
Page 2

Inde
ondent Examiner's Re
ort to the Trustees of
G D Herbert Charltable Trust
Independent examlner's report to the trustees of G D Herbert Charltable Trust
I report lo the charity trustees on my examination of the accounts of G D Herbert Charitable Trust (the Trust) for the year
ended 5 April 2024.
Responsibilitles and basls of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance wlth the
requirements of the Charilies A¢t 2011 Ilhe ACV).
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carying out
my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of
the Act.
Independent examine￿S statement
I have completed my examination. I confimi th8t no material matters have come to my attention in connection wlth the
examination giving me cause to believe that in any material respect..
accounting records were nol kepl in ￿SpeCt of the Twst as required by Section 130 of the Act., or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set
out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give
a true and fair view which is not a matter considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
James Gare DChA FCA
Monahans
Chartered Accountants
Hermes House
Fire Fly Avenue
Swindon
Wiltshire
SN2 2GA
Dale..
..l2.Augufit.2Q.24.............
Page 3

G D Herbert Charitable Trust
Statement of Financial Actlvltlos
for the Year Ended 5 A ril 2024
2024
Un￿strIcted
fund
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Inveslmenl income
68,308
63,481
EXPENDITURE ON
Raising funds
13,113
12,276
Charltablo actlvltlos
Grants
109,300
99,638
Total
122,413
111,914
Nel gainslllossesl on investments
281,451
(157,2331
NET INCOMEIIEXPENDITURE)
227,346
(205,666>
RECONCILIATION OF FUNDS
Totsl funds brought fO￿ard
2,614,655
2,820,321
TOTAL FUNDS CARRIED FORWARD
2,842,001
2,614,655
The notes fomi part of these financial statements
Page 4

G D Herbert Charltable Trust
Balance Sheet
5 A rll 2024
2024
Unrestrictod
fund
2023
Total
funds
Notes
FIXED ASSETS
Investrnents
2,796,967
2,559,727
CURRENT ASSETS
Cash at bank
50,566
60,004
CREDITORS
Amounts falling due within one year
15,532)
{5,076}
NET CURRENT ASSETS
45,034
54,928
TOTAL ASSETS LESS CURRENT LIABILITIES
2,842,001
2,614,655
NET ASSETS
2,842,001
2,614,655
FUNDS
Unrestricted funds
10
2,842,001
2.614,655
TOTAL FUNDS
2,842,001
2.614.655
The flnancial statements were approved by the Board of Trustees and authorised for Issue
..1SJuly.2024................ and were signed on its behalf by:
on
Caroline Beaumont- Trustee
Judith Margaret Cuxson - Trustee
The notes form part of these financial statements
Page 5

G D Herbert Charitable Trust
Notes to the Financial Statements
for the Year Ended 5 A rll 2024
ACCOUNTING POLICIES
Bas1$ of proparlng the flnanclal statements
The financial slalemenls of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021 'Accounting and Reportlng by Charities.. Slalemenl of
Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial
Reporting Standard applicable In the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charilies Act 2011. The financial slatements have been prepared under the historical cost
convention, with the exception of investments which are included at market value, as modified by the revalualion
of certain assets.
The finandal slalements have been p￿pared to give a 'true and fail view and have departed from the Charities
{Accounts and Reports) Regulations 2008 only to the extent required lo provide a Irue and fair view,. This
departure has involved following the 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 IFRS 102} issued on 16 July 2014 rather than the Accounting and
Reporting by Charities= Statement of Recommended Practice effective from 1 April 2005 which has since been
withdrawn.
The financial statements are prepared on a going concern basis, under the historical cost convention, modified
lo include certain items 81 fair value. The financial statements are prepared in steding which is the functional
currency of the charity and rounded to the nearest pound.
The￿ are no significant areas of judgements or key sources of estimation uncertainty.
The trustees consider Ihat there are no malerial uncertainlies aboul the Charity's ability to continue as a going
COn￿rn.
Legal status of tho charity
The charity is an unincorporated trust constituted by a trust deed.
Financial roporting standard 102 - roducod dlsclosuro oxomptlons
The charity has taken advantage of the following disclosure exemption in preparing these financial statements,
as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,:
the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Slalement of Financial Activities once the charity has entitlement lo the funds, it
is probable that the income will be received and the amount can be measured reliably.
Interest on funds held on deposit is included when receivable and the amount Can be measured reliably by the
charity- this is normally upon notification of the interest paid or payable by the bank.
Dividends are recognised once the dividend has been declared and notification has been received of the
dividend due. This is normally upon notification by our investment advisor of the dividend yield of the investment
portfolio.
Expenditure
Liabilities are recognised as expenditure as soon as there Is a legal or constructive obligation committing the
charity to Ihat expendilure, il is probable that a Iransfer 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 classified under headings that aggregate all cost related lo the category. Where costs cannot be
directly attributed to particular headings they have been allocated lo activities on a basis consistent wilh the use
of ￿SourCes.
Grants payable a￿ payments made to Ihlrd parties Sn the furtherance of the charitable objects of the charity. In
the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award.
The notification gives the recipient a reasonable expectation Ihat they will ￿Ceive the grant.
Provisions for granls are made when the intention to make a grant has been communicated to the recipient but
there is un￿rtaintY as to the timing of the grant or the amount of grant payable.
The charity does not make mulli-year grants and all grants are unconditional.
Page 6
conlinugd...

G D Herbert Charltable Trust
Notes to the Flnanclal Slatements . contlnued
for th6 Yèar Ended 5 A rll 2024
ACCOUNTING POLICIES - contlnuod
Grant maklng
Grants are accounted for in the year in ￿lch the recipient has a reasonable expectation that they will receive
the grant and the trustees have agreed to pay the grant without condition.
Taxatlon
The charity is exempt from lax on ils charitable activities.
Fund accountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds ran 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 restricted purposes.
Further explanation of the nature and PUTpose of each fund is included in the notes to the financial statements.
Inv•slm•nls
Investments are a form of basic financial Instrument and are inillally recognised al Ihelr transaction value and
subsequently measured al their fair value as at the balance sheet date using the closing quoted market price.
The statement of financial activities includes the net gains and losses arising on revaluation and disposals
throughout the year.
The charity does not acquire put options, derivatives or other complex financial instruments.
The main fomi of financial risk faced by the charity is that of volatility in equity markets and investment maTkets
due to wider economic conditions, the attitude of investors lo investment risk, changes in sentiment conceming
equities and within particular sectors or sub sectors.
R•allsod galns and Iossos
All gains and losses are taken lo Ihe Statement of Financial Activities as they arise. Realised gains and losses
on investments are calculated as the difference be￿en sales proceeds and their opening carrying value or
their purchase value if acquired subsequent to the first day of Ihe financial year.
Un￿alised gain5 and losses a￿ calculated as the difference belween the fair value at the year end and their
carrying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial
Activities.
Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of
three months or less from the dale of acquisition or opening of the deposit or similar account.
CTodltor5 and provlslons
Creditors and provisions a￿ recognised where the charity has a p￿sent obligation ￿SuItIng from a past event
that will probably result in the Iransfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliably. Creditors and provisions are normally recogni5ed at their settlement amount
after allowing for any trade discounts due.
Flnanclal Instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic fin8ncial instruments.
Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value.
Page 7
continued...

G D Herbert Charitable Trust
Notes to tho Financial Statsmgnts - contlnuod
for the Year Ended 5 A
ril 2024
INVESTMENT INCOME
2024
2023
Dividends received
Interest
66,898
1,410
63,162
319
68,308
63,481
RAISING FUNDS
Investmenl management cosls
2024
2023
Portfolio management
13,113
12,276
GRANTS PAYABLE
2024
2023
Grants
100,000
90,400
All grants a￿ paid to inslilutions.
SUPPORT COSTS
Govemance
costs
Management
Total$
Grants
7,500
1,800
9,300
Support costs. included in the above. are as follows:
2024
2023
Total
activities
Grants
Administration fees
Independent examination and accountancy
7,500
1,800
7,500
1,738
9,300
9,238
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 5 April 2024 nor for the year ended
5 April 2023.
Trustees. oxpensos
There were no trustees. expenses paid for the year ended 5 April 2024 nor for Ihe year ended 5 April 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Investment income
63.481
EXPENDITURE ON
Raising funds
12.276
Charitable activitios
Grants
99.638
Page 8
continued...

G D Herbert Charitable Trust
Notss to tho Flnan¢lal Statements - continuod
for the Year Ended S A
ril 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unreslrlcted
fund
Total
111,914
Nel gainsl{lo$$es) on investments
1157,233)
NET INCOMEIIEXPENDITURE)
1205.666)
RECONCILIATION OF FUNDS
Total funds brought forward
2.820,321
TOTAL FUNDS CARRIED FORWARD
2.614.655
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 6 April 2023
Additions
Disposals
Revaluations
2,559.727
640,025
{684,2361
281,451
At 5 April 2024
2,796.967
NET BOOK VALUE
At 5 April 2024
2,796,967
At 5 April 2023
2,559.727
Analysis of investments:
Investment assets in the UK
Investment assets outside the UK
1,129,300
1,667,666
2,796,966
All investments are carried al their fair value. Investment in equities and fixed interest securities are all traded in
quoted public markets. All investments have been valued by Investec Wealth & Inveslmenl and are based on Ihe
Bid price as al the close of business on the valuation date. Asset sales and purchases are recognised at the
date of trad8 al cost (that is their transaction value).
The significance of financial instruments to the ongoing financial sustainability of the charity is considered in the
financial review and inveslment policy and performance sections of the Trustees. Annual Report.
The main risk lo the charity from financial instruments lies in the combination of uncertain investment markets
and volatility in yield. The charity is reliant on dividend yield in part lo finance its work.
Liquidity risk is anlicipated lo be low as all assels are traded. The charity's investments are traded in markets
with good liquidity and high trading volumes. The charity has no investment holdings in markets subject to
exchange controls or trading ￿StrIctl0n$.
The charity manages these Investmenl rlsks by retaining expert advisors and operating an investment policy that
provides for a high degree of diversification of holdings within investment asset classes that are quoted on
recognised stock exchanges. The Trusl does not make use of derivatives and similar complex financial
inslTuments as it takes the view that investments are held for their longer lemi yield tolal ￿tUrn and higloric
studies of quoted financial.
Page 9
continued...

G D Herbert Charltable Trusl
Notes to the Flnanclal Statements - contlnued
for tho Yoar Ended S
rll 2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
other creditors
5,532
5,076
10.
MOVEMENT IN FUND8
Net
movement
in funds
At
5.4.24
At 6.4.23
Unrostrlctod funds
General fund
2,614,655
227,346
2,842.001
TOTAL FUNDS
2,614,655
227,346
2,842,001
Net movement in funds, Included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
n funds
Unrestricted funds
General fund
68,308
{122,4131
281,451
227,346
TOTAL FUNDS
68,308
{122,4131
281,451
227,346
Comparatives for movement In funds
Net
movement
in funds
At
5.4.23
At 6.4.22
unrestr1￿od funds
General fund
2,820,321
{205,666)
2,614,655
TOTAL FUNDS
2,820,321
(205.666)
2,614.655
Comparative net movement in funds, included in the above a￿ as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General fund
63,481
1111,914)
(157,233)
(205,666)
TOTAL FUNDS
63,481
1111,914)
{157.233)
(205,6661
Pago 10
continued...

G D Herbert Charltable Trust
Notes to the Flnanclal Statements - contlnued
for thè Yoar Endod 5 A ril 2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
other creditors
5,532
5,076
10.
MOVEMENT IN FUNDS
Net
movement
in funds
At
5.4.24
At 6.4.23
Unrestrlcted funds
General fund
2,614,655
227,346
2,842,001
TOTAL FUNDS
2,614,655
227,346
2,842,001
Nel movement in funds. included in the above a￿ as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlctod funds
General fund
68,308
(122.413)
281,451
227,346
TOTAL FUNDS
68,308
1122,413)
281,451
227,346
Comparatives for movement in funds
Net
movement
in funds
At
5.4.23
At 6.4.22
Unrestrlcled funds
General fund
2,820.321
{205,666)
2,614,655
TOTAL FUNDS
2,820,321
{205,666}
2,614,655
Comparalive nel movement in funds, included in Ihe above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General fund
63,481
(111,9141
(157,233)
(205,666)
TOTAL FUNDS
63,481
{111,9141
(157.233}
(205.6661
Page 10
conllnued...

G D Herbert Charltsbl• Trust
Notes to the Flnanclal Stst•m•nts - conlln
for the Year Ended 5 A ril 2024
11.
RELATED PARTY DISCLOSURES
Veale Wasbrough Wizards LLP, a law fimi in which the trustee J Cuxson is partner, provides administration
seTvices lo the charity. Fees paid totalled £7,50012023- £7,500) for the year to 5 April 2024.
Page11

THE G D HERBERT CHARITABLE TRUST
DONATIONS: FOR THE YEAR TO 5TH APRIL 2024
Re
ular Donations:
UK Youth
Catch 22
Canterbury Oast Trust
The Outward Bound Trust
Disability Rights UK
Friends of the Elderly
Lambourne End Ltd
Marie Curie Cancer Care
NSPCC
PDSA
Queen Elizabeth's Foundation for Disabled People IQEFI
Richmond Fellowship
Royal College of Surgeons of England IRCS)
Royal Hospital for Neuro-Disability
Shelter
St Christopher's Fellowship
St Christopher's Hospice
The National Trust
The Abbeyfield Society
The Prostate Cancer Charity
The Woodland Trust
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
Ogbourne St George PCC
Wiltshire Wildlife Trust
Campaign to Protect Rural England
1,000
1,000
1,000
£76,500
ecial Donations:
Red Cross {1srael & Occupied Palestinian Territory Appeal)
Red Cross {Ukraine Crisis Appeal)
National Autistic Society
St Mungro's
Support Through Court
Horatio's Garden
Armonico Consort
Oncourse Foundation
3,000
3,000
2,500
2,500
2,500
2,500
2,500
2,500
£22,500
£100 000