The Nora and Olive Brewer Memorial Trust (Registsred cbaiity. number 296988) Trnstees, Report For the year ended 31 Dttember 2025 Governing Instrwnenl The OEiv¢ and Nora Brewcr Memorial Trust was established by T[¥t Deed dated 22 May 1987. ObJe¢tlve The primary trwst is to pay the income arising from the tn fimd: 600/0 in equal shares absolutely to th¢ following cljarities: Save the Children Fund uide Dogs (fonnerly Guide Dogs for the Blind Association) Action on Hearing Loss (forn]¢rly Royal National Institute for the Deafj Livability (fonnerly John Groom's A$so¢iation for the Disabled) Concer Research UK {fonrAerly Imperi81 Cancer Research Fund) Helen House Hospice The remaining 400/0 to the Parochia] Church Council of the Parish of Putney Yor the maintetwiee and renewal of and additions to the Chulth buildin8S and their contents within the said Parish oth¢r than the vicarnge and the parish offiLY-. Brlef H&slory The Tn)st rernained inactive until the dcath of Miss Olive Brewer on 8 December 1999. Miss Nora Brewer having died earlier. The sisters had Icft their interest in their family home in Putney to the Trust and this property was sold in Pebruary 2WI. Salc pr(Keeds of £1.535.OW were receivcd by the Tnlee5 on 12 March 2001 and balan¢in8 distributions from the Estate of Olive Brewer of £23,516 during 2002. The Trustees who held office during the year are: Gerald Allison Michael Bull Ben Helm Richard Holrn8n Mark Leadley All decisions of the Trust are made at fidl meetings of all the trLees. One meeting was held in 2025. The investment sub-committ¢¢. CODsisting of three trustees, Iw continued to monitor the perforn)ance of th¢ charity"s portfolio. The power of appointing new trustees is vested in the contimiing tsiLStees. RegisteredAddress The tcgistercd address of th¢ Tn is 1 l Genoa Avcnu¢, Putney. London SWI S 6DY. Advisers Alastair camero Ch8rterd AccountanL is the Independent Examiner of the accounts.
The Trnst's banker is National West[nit BanL I 11-117 Putney High StreeL London SW15 2LL. The Trst h&8 invested in a range of charity common funds comprising fixed interes( equity and WMm¢1al prom assets, all lled by major inl¢rnaiional investment managers. Publlc Benefit The Tn provides pubEic benefit by giving substantial and consistent financial support to the religIo% and C4)mmunity work of the Parish of Puthey &8 well 2S to six well established national charities. FinancwlReport The founding Deed gives the Tn he same fi1 and unrestri¢t¢d powers of investing and trans81ng investments in 81] reSIts as if tlw were absolutely entitled to the TnL8t Fund b¢n¢ficially" The Trustees, investment strategy is risk averse and is designed to maximise income while protecting the value of the assets and seeking capitsl growth that at least equates with infiation. The Trust is a long terni investor. Since the charity exists to distribu income and ha5 few cxpeDs¢s it does not seek to retain any reserves. The income for the year amounted to £84.918 (2024: £90.383). The increase in income w&s du¢ to the disposal of one equity fund holding, the proceeds of sale being held on deposit for the rest of the year to lake advantsge of high interest ra*s. There were no administrative expens¢s {2024: Nil) and all income is payable &8 grants. Grants are paid annually in the autumn and comprise the TnLSt's income for the twelve months to 30 September. Unrealised gains on the Tn,$ investments in 2025 amounted to £151,903 (2024.. 8ains £58,632). Realised losses in 2025 were £Nil (2024: £13.082). Equity funds performed well but those invested in prokw saw a slighi fall, but have been retained by the trustees due to their high yield. The total value of Trust assets at 31 December 2025 was £2,109,570 (2024: £1,957,667). Accounling Policies The Accounts have bcen prepared under the historical cost convention. Credit is tsken for investment income in the Stalement of Affairs in the year in which it Grants made by the Trust are recognised in the Statement of Finaticial Affai]s of the year in which thc inwme from which they ate paid arises. Tnvestments are shown at bid price at 31 December 2025. Other informalion Th¢ Trust itself has no connection with any other charity, but Rirhard Holman and Mark Leadley are members of the Parochial Church Council of the Parish of Putney {'Ihe PCC"), a beneficiary of the Trust. The Trust Deed requires that at le&8t two trustees shall be members of the PCC at all times. Signed on behalf of the Trustees Richard Holnun (chairn) Date: 11 2026
Independent Eigminerfs report to the Trustees of The Nor and Olive Br¢w¢r Memorial Trust I report to the Tntsttts on my examination of the acwunts of the Tn f4)r the year ended 3 1st December 2025, which ar¢ set out on pages 4 to 6. Respective responsibilities of Trustees And Ewniner As th¢ charity's Trustees you are resp)L8ible for the preparation of the accounts in accordance with the rwuir¢m¢nts 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 atnend¢d by s.28 of the Charities Act 2(K)6} and that an indqtht ¢xatnination is needed. It is my responsibility: To examine th¢ accounts (under section 43 of the ACL &8 amended). To follow the procedutes laid do1 in thc Gcneral Dircctions given by the Charity Commission (under Section 43(7)(b) of the ACL &$ amenaed). and To state whether particular matters have come to my attention. Basis of iDdependent examiner's report My examination was carried out in aLrdance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the aceounls presented with those records. It also includes consid¢ration of any unusual il¢ms or disclosures in the accoun and seeking explanlonS from the trustees concerning any such matters. The pr(ureS undertaken do not provide ail the evidence that would be required in an audiL and consequently I do not express an audit opinion on the accounts. Independent exmlnerfJ Jtstement I have complctcd my cxatniDatson. I nf)rnI thaL in the Lx)urse of my examinatio no matter has come to my attention. (i) which giv¢s m¢ r¢&sonable cause to believe thaL in any material respecL the Trustees have not met the requirements to ensure that: proper accounting records are kept (in OrdanCe with Section 41 of the Act). and accounts are prepared which agrcc with the accounting records and comply with the accounting requirements of the Act which raises any concern and to Whic in my opinioN attention should be drawn in ord¢r to ¢nabl¢ a prop¢r und¢Estanding of the accounts to be reached. (2) Alastair Camemn Charted Accountant Date: Ip Ap I 2026
The Nora and Ollve Brewer Memorial Trust STATEMEMf OF FINANaAL Acnw For the year ended 31 December 2025 Notes 2025 2024 Incoming Resources Investment Income 71,479 77,484 Interest Recerved 13.439 12,899 Total Incomlng Resources 84,918 90,383 Resources Expended Grants 8ank charge 84,918 90,360 23 84.918 90,383 Net Movement In resources Realised 8ains / {lossesl on Investments Unrealised 8ains I110ssesl on investments 113,082) 58,632 45,550 151,903 151.903 Fund balance at l January 2025 1,957,667 1,912,117 Fund balance at 31 December 2025 2.109.570 1,957,667 All funds are restrfcted
The Nora and Olive Brewer Memorial Trust BALANCE SHEET at 31 Decernber 2025 2025 2024 ASSErs Investments Note5 1,801.912 1,650,009 Cash: COIF Deposit Account Bank Current Account 314.654 17,607 313,462 20,070 2.134,173 1,983.541 UABILITIES Grants payable (24.6031 (25,874) 2,109,570 1,957,667 Representlng FUNDS: Trust Capital: Restrirted Fund 2,109,570 1,957,667 2.109,570 1,957,667 Approved by the Trustees on li 204 Richard Holman Michael Bull
The Nora and Olive Brewer Memoiial TnL8t Notes to the Accounts For the yr ended 31 D¢¢Mib¢r 2025 ACCOUNIING POLICIES Accouffjing convention The fman¢ial statements have been prepared und¢r th¢ historical cost convention and have bTh drawn up in accordance with the ststement of recommended practice for accounting by charities. Recognition ofincome and expendiftwe Investment incom¢ from cbarity common funds is recognised in the period in which it is received. Deposit inleresl is recognized in the period in which it arises. on an accruals basis. Since the tern of the Trjst Deed require all ineA)me to be distributed to specific beneficiaries. grants made by the Trust are charged in the accounts in the period in which the income from which they are d¢rived is RrA)gnized. GRANTS PAYABLE The total of grnnts payable ¢quals the Trust's income for the year. The distribution of the income for the period from l# October 2024 to 30 September 2025 was paid in December 2024. The amount shown under Liabilities on the Balance Sheet repsents fourth quart¢r in¢om¢, which will be paid in 2026. INVESTMENTS Bid price value at l January 2025 1.650.009 Sales in 225 Realised losK$ during the year Unrealised gains during the year 151.902 Bid pri¢¢ valu¢ at 31 Dccember 2025 £1,801,912