The Nora and Olive Brewer Memorial Trust
(Registered as a eharity, number 296988)
Trnst¢es' Report
For the year ended 31 Deeember 2022
Governlng In￿rm￿nI
Thc Olivc and Nora B ￿W¢r M¢morial TTus¢ was ¢51abli5hd by Trust tkcd dat¢4122 May
1987.
Objecllve
The primary trust is lo pay the income arising from the trust fund:
60Yo in equal shares absolutrly to the following charities:
Save the Children Fund
Guid¢ Dogs (forni¢rly Guide tkngs for th¢ Blind Asswiation)
Action on Hearing Loss (formerly Royal National Institute for the Deao
Livability (fornlerly John Groom's Association for the Disabled)
Cancer Research IJK {fonnerly Imttrial Cancer Research Fund)
Helen House Hospice
The remaining 41Y/o to the Parochial Church Council of the Parish of Putney "for the
mainlenance and renewal of and additions to the Church buildings and their contents
within thc said Parish other than the vicardge and thc parish oifjcc"
BrlefHi&tory
Thc Trust remained inactiv¢ until thc dcath of Miss Oliv¢ Br¢w¢r on 8 DK¢mb¢r 1999, Miss
Nora Brewer having died earlier.
The sisler5 had left their interest in their family home in Puthey lo the Trust and this prop¢rty
was sold in February 2001. Sale proceeds of £1.535.000 were received by the Truslees on 12
March 2001 and balancing distributions from the Estate of Olive Brewer of £23,516 durin8
2002.
Trustee$
Thc Trustees who held offjce during the year are:
Gerald Allison
Michael Bull
Ben Helm
Richard Holman
Mark l.eadley
Graham Shaw
P¢ter Tuppen
lan Yearsley
Died 02.04.22
Resigned 31.12.22
All d¢cisions of the T￿￿ are ma(k al full m¢¢tings of all the trustees. Two meetings wcrc
held in 2022. The investment sub-committee. consisting of three tsustees. has continued to
monllor thc pcrformanGc of thc charity'5 Portfolio.
The power of appointing new trns*es is Vest￿ in the continuing trustees.
RegisleredAddress
The registered addre&% of the Trust is I l Genoa Avenue. Putney. iA)ndon SWI 5 6DY.

Advisers
Alastair Cameron, Chartered AccountanL is the Independent Examiner of the accounts.
The Trust's bankers are National Westminster BanL I 11-117 Putney High StreeL London
SW15 2LL.
The Trust has invested in eight charity common funds comprising fixed intcrcsL equity and
commercial property assets and on¢ 8en¢rdl equity income fund.
Public Benefil
Th¢ Trust provides public benefAt by 8ivin8 substantial and consi5tcnt financial sUPPOrt to the
religious and Community work of the Parish of Putney as wcll as to six well estsblished
national charities.
finanelal Report
The founding Deed givc5 th¢ Trustces'knc sam¢ full and unr¢stri¢t¢d pow¢rs of investing and
transposing investments in all respects as if thy were absolutely entitled to the Trust Fund
beneficially"
The Trus*es' investment strategy is risk averse and is designed to m￿lMise income whil¢
protecting the value of the assets and seeking capital growth that at le&st equates with
inflation. The Trust is a long tem investor.
Since ihe charity exists to distributc incomc and has fcw ¢xpenses it does not seek to retsin
any reserves.
The income for the year amountcd to £81 J95 (2021.. £72,159). The InCr￿e tn income was
due higher dividends being paid by the underlying investec compani¢s. There were no
administrative expenses (2021.. refund £7) and all income 15 payable as grants.
Granls arc paid annually In the aulumn and compri% the Trusl's inwm¢ for th¢ Iw¢lvc
months to 30 September.
Unrealised losses on the Trusi's investments in 2022 8mounted to £168,463 (2021.. gains
£218.752) due to generally negative st￿k mark¢t conditions during the year. The totsl value
of Trust assets at 31 December 2022 w&s £1,912,619 (2021: £2,081.082).
Aceounilng Pnllcles
I'he Accounts have been prepared under the historical cost convention.
Credit is taken for investment income in the Staiement of Affairs in the year in which it
arises.
Grants made by the Trnst a￿ rceognised in the Ststrmcnt of Financial Affairs of the year
in which the income from which they 8re paid arises.
Investments are shown al bid price at 31 December 2022.
O¢her informatlott
'I'he Trust itself has no connection with any other charity. but Richard Holman, Graham Shaw
and Mark tkadley are membus of the Parochial Church Council of the Parish of Putney ('%he
PCC"). a beneficiary of the Trust. The Trust Iked requires that at l¢ast Iwo trustees shall be
membcrs of the PCC at all times.
Signed on behalf of the Tn￿teeS
Richard Ilolman (Chairnian)
72 J4¥ 2023

Indep¢nd¢Dt Euminer's report to the Trnsteeg of The Nora and (Mive Brewer
Memori21 Trust
I report to the T￿￿CeS on my examination of the accounts of the Tn￿ for th¢ y¢ar ended 31"
December 2022. which are set out OD pages 4 to 6.
RL8pe¢tlve ruponsibilities of Trnste¢s and Exarniner
As the Charity's Trnslees you are resp)nsible for the preparation ofthe wunts in
accordance with the requi￿rnents of the Clwities Act 2011. The charity's TTUStee5 consider
that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the
Act) as amended by s.28 of thc Charitics A¢¢ 2(M)6) and that an independent examination is
needed.
It is my r¢sponsibility".
To examine the ac¢ounts (under section 43 of the ACL as amended).
To follow the procedures laid down in the Genernl Directions given by the Charty
Commission (under Section 43{7Xb) of the ACL as amended). and
To state whether particular matters have come to my attention.
Ba$18 of IndepeDdeDt e￿mIller's report
My examination was carrid out in aC￿rdanCe with the General Directions given by the
Chariiy Commission. An examination includes a review of the accounting rccords kep¢ by th¢
charity and a eomparison of the accounts prcscntcd with those records. It also includes
onsideration of any unusual il¢ms or disclosures in the acwunts. and seeking explanations
from the trustees ¢on¢ernin8 any such matters. The procedures undertaken do not provide all
the evidence that would be required in an audit. and Consequently I do not express an audit
opinion on thc accounts.
Independent evmiAer'J ststement
I have completed my examination. l eonfirni thaL in the COUTse of my ex8mination, no matter
has come io my attention.
(i)
which gives me re&sonable cause to belicve thaL in any material respecL the Trnstees
have not rnct th¢ r¢quirements to ensurc thal:
proper accounting records are kept (in a￿rdane% with Section 41 of the Act). and
accounts ar¢ prepared which agrec with th¢ accounting rccords and comply with
the accounting requirements of the Act
which rdi5es any ¢on¢¢rn and to which, in my opinion. attention should be drawn in
order to enable a proper understanding of the accounts to be r¢ach¢d.
(2)
Alastair Camcron
Chartered Accountant
54 Chartfield Avenue. Putney. London SW15 6HG
Dat¢. Iq4k &1
2023

The Nora and Ollve Brewer Memorlal Trust
srATEMENT OF FINANaALACTMTY
For the year ended 311)ecember 2022
Notes
2022
2021
Incoming Resources
Investrnent income
81,261
72,158
Interest Received
134
Total Incomin8 Resources
81.395
72,159
Resources Expended
Bank charge refund
Grants
81,395
72,166
81,395
72,159
Net Movement in resources
Reali5ed 8ain5 1110ssesl on investments
Unrealised 8ains I Ilosses) on investments
1168,4631
{168,4631
218,752
218.752
Fund balance at l January 2022
2.081,082
1,862,330
Fund balance at 31 December 2022
1,912,619
2.081,082
All funds are restrirted

The Nora and Olive Brewer Memorial Trust
BALANCE SHEEf at 31 D￿rnber 2022
2022
2021
Notes
Investments
1,903,978
2,072,441
Cash:
COIF Deposit Account
Bank Current Attount
14.598
17.349
12.469
17,378
1,935.925
2,102,288
LIABILITIES
Grants payable
{23,306}
121.2061
1,912,619
2,081,082
Representin8
FUNDS:
Trust Capital:
Restricted Fund
1,912,619
2,081,082
1.912.619
2.081.082
Approved by the Trustees on
£3d 14 A)
Rlchard Holman
Michael Bull

The Iyora and Olive Brewer Memorial Trnst
Not￿ to the Aethunts
For the year ended 3111 Deeember 2022
ACCOUNTING POLICIES
Acco*nting conventio
The financial 5th￿ments have been prepared under the historicai cost convention and
have been drawn up in accordance with the statement of recommended prnctice for
ac¢ouniing by charities.
Recognition of incom¢ and&yep￿il￿e
Investment income from charity Common funds ig Teco8nis¢d in the Friod in which it
is r¢ceived. Deposit int¢rcst is recognizcd in the periTrl in which it arises, on an
accruals basis.
Since the ternis of the Trust Deed require all inwme to Ix distributed to specific
beneficiaries. grants made by the Trust are charg¢d in thc acwunts in the ￿rIOd in
whi¢h the income from which they are derived is reGognized.
GRANTS PAYABLE
The tolal of grants payable ￿ualS the Trust's income for the year. The distribution of
the income for the period from 1$ October 2021 to 30, Septernber 2022 was paid on
8 November 2022. The amount shown under Liabilities on thc Balancc Sheet
represents fourth quarter income, which will be paid in 2023.
INVF.STMF.NTS
Bid price value at l January 2022
2.072.441
Unrealised losses during the year
{168,463)
Bid Pri￿ value at 31 December 2022
£1,903.978