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 Tn￿lee5 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 trL￿ees. 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 Tr￿st h&8 invested in a range of charity common funds comprising fixed interes( equity
and WMm¢￿1al prom assets, all ll￿￿ed 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 fi￿1 and unrestri¢t¢d powers of investing and
trans￿81ng investments in 81] reSI￿ts 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 aL￿rdance 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 explan￿lonS
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 ex*mlnerfJ 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
Charte￿d 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 y￿r 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 b￿Th 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 rep￿sents
fourth quart¢r in¢om¢, which will be paid in 2026.
INVESTMENTS
Bid price value at l January 2025
1.650.009
Sales in 2￿25
Realised losK$ during the year
Unrealised gains during the year
151.902
Bid pri¢¢ valu¢ at 31 Dccember 2025
£1,801,912