The Nora and Olive Brewer Memorial Trust
(Registered as a charity. Dumber 296988)
Trnstees, Report
For the year ended 31 December 2024
Governing In&trumen¢
The Olive and Nord Brewer Memorial Trust was established by Trust Deed dated 22 May
1987.
Objective
The primary trust is to pay the income arising from the tn￿ fund:
60 % in equal shares absolutely to the following charities:
Save the Children Fund
Guide Dogs (fornierly Guide tk)gs for the Blind Association)
Action on Hearing Loss (forn)erly Royal National Institute for the Deafj
Livability (forn]erly John Groom's Association for the Disabled)
Cancer Research UK (fornierly Imperial Canccr Reseawh Fund)
Helen House Hospice
The remaining 40% to the Parochial Church Council of the Parish of Putney "for the
maintenance and renewal of and additions to the Church buildings and their cont¢nts
within the said PaTish other than the vicarage and the parish office"
BrirfHirfory
The Trust remained inactive until the death of Miss Olive Brewer on 8 December 1999, Miss
Nora Brcwer having died earlier.
The sisters had left their interest in their family home in Putney to the Trust and this property
was sold in Fcbruary 2001. Sale proceeds of £1.535.000 were received by the Trustees on 12
March 2001 and balancing distributions from the Estate of Olive Brewcr of £23,516 during
2002.
Trxste
The Trustees who held office during the year are:
Gerald Allison
Michael Bull
Ben Helm
Richard Holman
Mark Leadley
Graham Shaw
All decisions of the Trust are made at full meetings of all the trustees. One meeting was held
in 2024. The investment sulFcommittee, consisting of three trustees has continued to monitor
the perforniance of the charity's portfolio.
The power of appointing new trustees is vested in thc continuing trustees.
RegisleredAddress
The registered address of the Trust is I l Genoa Avenue, Putney, London SW15 6DY.
Advlsers
Alastair Carnero￿ Chartered AccountanL is the Independent Examiner of the accounts.

The TTUSt's banker is National Westminster BanK 111-117 Putney High Stree¢ London
SWI5 2LL.
The Trust has invested in a range of charity common funds comprising fixed interest, equity
and commercial propety &ssety all managed by major international investment managers.
Public Beneftt
The Trust provides public benefit by giving substantial and consistent financial SUPFX)rt to th¢
religious and community work of the Parish of Putney as well &s to six well established
national Charities.
Financial Report
The founding Deed gives the Trustees '%he same full and unrestricted powers of investing and
transposing investments in all respects as if they were absolut¢ly ¢ntitled to th¢ Trust Fund
beneficially"
The Trustees, investment strategy is risk aveTse and is designed to maximis¢ income while
protecting the value of the assets and seeking capital growth that at least equates with
inflation. The Trust is a long terni invcstor.
Since the charity exists to distribute income and has few e￿nSeS it does not seek to retain
any reserves.
The income for thc year amounted to £90.383 (2023: £87,529). The incrvase in income was
due to the disposal of one equity fund holdin& the proceeds of sale being held on deposit for
the rest of the year to take advantag¢ of high interest rates. There were no administrative
expenses (2023: Nil) and all income is payable as grants.
Grants are paid annually in the autumn and comprtse the Trust's income for the twelve
months to 30 Scptcmb¢r.
Unr¢alised gains on the Trust's investments in 2024 amountcd to £58,631 (2022: losses
£502). Realised losses in 2024 were £13,082 (2023: £Nil). Equity funds perfornled well but
those invested in property saw a slight fall, but have been retained by the trustees due to their
high yield.
The total value of Trust assets at 31 December 2024 was £1,957.667 (2022: £1.912.117).
Accounting Polici
The Accounts have been prepared under the historical cost convention.
Credit is taken for investment income in the Statement of Affairs in the year in which it
arises.
Grants made by the TTUSt are recognised in the Statement of Financial Affairs of the year
in which the income from which they are paid arises.
Investments are shown at bid price at 31 December 2024.
Olher infOrn￿ll0n
The Trust itself has no connection with any other charity, but Richard Holman, Graham Shaw
and Mark Leadley are members of th¢ Parochial Church Council of the Parish of Puiney ('the
PCC,), a beneficiary of the Trust. The Trust tked requires that at least two trustees shall be
members of the PCC at all times.
Signed on b¢half of th¢ Tn￿S
Richard Holman (Chairnian)
* f71(- 2025

Independent Examiner's report to the Trustees of The ]Yora and Olive Brewer
MemorAal Trust
I report to the Trustees on my examination of thc accounts of the Tn￿t for the year ended 31.
December 2024, which are set out on pages 4 to 6.
Respective responsibiliti￿ of Trustea and Examiner
As thc charity's Trustees you are res]x)nsibl¢ for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011. The charity's Trustees 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 the Charities Act 2006) and that an independcnt examination is
needed.
It is my responsibility:
To C￿mine the accounts (under section 43 of the ACL &8 amended)"
To follow the procedures laid down in the General Directions given by the Charity
Commission (under Section 43(7)(b) of the Ac¢ as amended)" and
To state whether particular matters have come to my att¢ntion.
Basis of independent examiner's report
My C￿mination was carricd out in accordance with the G¢n¢rnl Directions given by the
Charity Commission. An examination includes a review of the accounting records k¢pt by the
charity and a comparison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts. and seeking explanations
from the trustees concerning any such matters. The procedures undertaken do not provide all
the evidence that would be required in an audiL and consequently I do not express an audit
opinion on the accounts.
Independent examiner's statement
I have completed my examination. I confirn) thaL in the course of my examinatio￿ no matter
has comc to my attention-
(i)
which gives me reasonable cause to believe th8L in any matsrial respecL the Trustees
have not Met the requirements to ensure that:
proper accounting records are kept (in accordance with Section 41 of the Act). and
accounts are prepared which agree with the accounting records and comply with
the accounting requirements of the Act
which rdises any concern and to which, in my opinion, attention should be drawn in
ordcr to cnable a proper understanding of the accounts to be reached.
(2)
Alastair Cameron
Chart¢r¢d Accountant
54 Chartfield Avenue. Putney, London SWI 5 6HG
Date: 4 &116-b6- 2025

The Nora and Olive Brewer Memorial Trust
srATEMENT OF FINANCIAL AcnviTY
For the year ended 31 December 2024
Notes
2024
2023
Incoming Resources
Investment income
77,484
86,092
Interest Received
12,899
1,437
Totsl Incoming Resources
90,383
87,529
Resources Expended
Grants
Bankcharge
90.360
23
87,529
90,383
87,529
Net Movement in resources
Realised galns / (losses) on investments
Unrealised gains / Ilosses) on investments
113.082)
58,631
45,549
(5021
{5021
Fund balance at l January 2024
1.912,117
1.912,619
Fund balance at 31 December 2024
1,957,667
1,912,117
All funds are restricted

The Nora and Olive Brewer Memorial Trust
BALANCE SHEEf at 31 December 2024
2024
2023
ASSETS
Investments
Notes
1,650,IX19
1,903,476
Cash:
COIF Deposit Account
Bank Current Account
313,462
20,070
8,693
25,357
1,983,541
1,937,526
LIABILITIES
Grants payable
{25.874)
125,408)
1.957,667
1,912,117
Representing
FUNDS:
Trust Capital:
Restricted Fund
1,957,667
1,912,117
1,957,667
1,912,117
Approved by the Trustees on 4 fyP- 2)-
Richard Holman
Michael Bull

The Nora and Olive Brewer Memorial Trust
Notes to the Aeeounts
For the year ended 3111 December 2024
ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convcntion and
have been dramm up in accordance with the statement of recommended practice for
accounting by charities.
Recognition ofincopne and expenditure
Investment income from charity common fi￿dS is recognised in the period in which it
is received. Deposit interest is recognized in the period in which it arise& on an
accruals basis.
Since the tenns of the TTh￿t Deed require all income to be distributed to specific
beneficiari¢s, grants made by the Trust are Charg￿ in the accounts in the period in
which the income from which they are derived is recognized.
GRANTS PAYABLE
The total of grdnts payable equals the Trust's income for the yeaT. The distribution of
the income for the period from 1st October 2023 to 30 September 2024 was paid
between mid-November and mid-De£ember 2024. The amount shown under
Liabilities on the Balanc¢ Sheet represents fourth quarter incorne, which will be paid
in 2025.
tNVESTMENrs
Bid price value at l January 2024
1,903,476
Sales in 2024
{299.016)
Realised losses during the ycar
(13,082)
Unrealis¢d gains during the y&gr
58.631
Bid price value at 31 December 2024
£1,650,009