**CHARITY REGISTRATION NUMBER: 297275** ## **David Solomons Charitable Trust Unaudited Financial Statements** **5 April 2024** **David Solomons Charitable Trust** ## **Financial Statements** ## **Year ended 5 April 2024** ||**Page**| |---|---| |Trustees' annual report|**1**| |Independent examiner's report to the trustees|**5**| |Statement of financial activities|**6**| |Statement of financial position|**7**| |Notes to the financial statements|**8**| |Grants payable|**12**| |Shedule of investments|**18**| **David Solomons Charitable Trust** ## **Trustees' Annual Report** ## **Year ended 5 April 2024** The trustees present their report and the unaudited financial statements of the charity for the year ended 5 April 2024. ## **Reference and administrative details** **Registered charity name** David Solomons Charitable Trust **Charity registration number** 297275 **Principal office** 22 Baker Street London W1U 3BW ## **The trustees** J J Rutter (Chairman) Dr R E B Solomons Mrs D J Huntingford Mrs C Boys Mr A H Penny Ms Z Solomons ## **Professional Advisers** The professional advisers to David Solomons Charitable Trust are as follows:- ## **Bankers** C Hoare & Co. ## **Solicitors** ## **Investment Managers** Forsters 22 Baker Street London W1U 3BW J M Finn & Co. 25 Copthall Avenue London EC2R 7AH ## **Accountants** Parker O'Regan Tann & Co Chartered Certified Accountants Bangor Business Centre 2 Farrar Road Bangor Gwynedd LL57 1LJ **1** ## **David Solomons Charitable Trust** **Trustees' Annual Report** _**(continued)**_ ## **Year ended 5 April 2024** ## **Structure, governance and management** The charity is controlled by its governing document, a deed of trust dated 24 June 1986, the settlor being David Edgar Bethel Solomons, acting by Anne Josephine Shipp, the Deputy Principal of the Management Division of the Court of Protection, a Supplemental Deed dated 21 March 1987, as amended by an Order dated 12 November 2004, as amended 3 March 2005, 2 March 2020, and 28 October 2022. The trustees who have served during the year and since the year end are set out above. The Managing Trustees hold three meetings a year to consider grant applications and decide on grants payable. The Managing Trustees are also responsible for the management of the Trust's investments; henceforth the Managing Trustees will be referred to as the trustees. ## **Objectives and activities** The trustees have wide discretions which they exercise by giving grants to charitable organisations providing services or other benefits to persons suffering from learning difficulties. ## **Public Benefit** The trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission. ## **Achievements and performance** The charity has continued to benefit that section of the public suffering from learning difficulties; it has done so in a wide variety of ways by supporting a diverse number of organisations both local and national working for the benefit of those with learning difficulties. **2** ## **David Solomons Charitable Trust** **Trustees' Annual Report** _**(continued)**_ ## **Year ended 5 April 2024** ## **Financial review** The attached financial statements show the current state of the finances of the Trust. Transactions in investments during the year are detailed on the schedule on pages 18 to 19 of the accounts. Investment management fees amounted to £23,227 (2023: £25,292). Income Fund investment income for the year amounted to £84,445 (2023: £90,961). The trust made 108 grants during the year totalling £91,686 (2023: 120 grants totalling £95,190) as detailed in the notes to the financial statements on pages 12 to 17. The trust has continued to concentrate its support on charities which benefit those with learning difficulties. Downs Syndrome Association received a grant of £10,000 from the Capital Fund, i.e. the Endowment fund. All other grants ranging from £500 to £2,000 were paid from the Income Fund. ## **Investment Policy** The investment policy adopted by the trustees is to maintain both the capital value and income yield of the Trust portfolio in real terms, with moderate exposure to risk. J M Finn & Co act as investment managers under the terms of a discretionary agreement and their performance is monitored by the trustees on an ongoing basis. ## **Reserves** The trustees' policy has been to spend all available income on grants. The trustees consider all funds to be unrestricted and grants from the capital fund are made if a specific need arises. The trustees have made a three year commitment to certain organisations but do not consider it necessary to keep a specific reserve for this purpose. ## **Risk Management** The trustees have reviewed the risks faced by the charity and have implemented systems to mitigate these risks. In particular, the trustees consider that the primary risk is a fall in the Charity's income. The risk has been mitigated by adopting a suitable investment policy. All the organisations which are given grants are themselves registered charities and the risk of misappropriation of funds donated is minimal. ## **Trustees' responsibilities statement** The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. **3** David Solomons Charitable Trust Trustses. Annual Report C¢onJniMd) Year ended 5 April 2024 In preparing theso financial statements, the trustees are required lo: seled suitable accounting policies and then apply them Consistent￿.. ¢Jb88Tve the melhods 8nd Ihè appl￿ Charitiès SORP., make judgments and.a(￿Unt4￿'estlmaIÈs thal are reaSOnab￿arKI prudent". Slate whether aFplicabl• UK Ae¢ounting Standard5 have be8n follthved, subject to material departures disdo$•d aTrJ explained in the financial statements., prepare th8 financial st8tement$ on the goiTh3 ¢on¢•m basis unl8ss rt is inappropriata lo esume thal the charity will ¢onlinuè ir) businèss. The'lrustees are TespDn5Tble for'keeptng adequate acecunting records that we sLrfr￿I8nt to show and explairi th8 chartys transactions and disclose with r6ascfflable aCCu￿Y at any time the financial position of the charty and enable Ih8m lo ensure that the financial statgments comply with th8 Char￿.85 Acl.2011, lh& appl￿ Chwrties (Accounts ￿1 Reports) RegulgtiOn5, arxl tt* w0¥4sions of th& TTUSt Oeed. They are 8180 r•sponsibl8 for safeguardw the assets of the charsty and hence for taking reasonable 81eps tor the prevenlp)n and d8t8Ction of traud and other Irregularities. The trustees, a al report W89 approved and signed on ￿half ofthe tKwd of trustees by. 'J J Rutter Icttairnan) ' Trust88 Date approved by InJste8s: 6 November 2024 David Solomons Charitable Trust Independenl Examlner's Report to the Trustees ol Davld Solomons Charilable Trust Year ended 5 Aprll 2024 I report to the trustees on my examinafjon ol the flnancial slat8men18 01 Davld Solomons Charitable Trust I'lhe charity) lor th¢ ypar ended 5 April 2024. Responslbllliio5 and ba8ls el report A5 the charill8 Iruslees ol the company land ￿80 its directors lor the purposes of company lawl you are responsible for the preparation ol the accounts In accordancè ￿th the requirements ol the Companies Act 20061'th¢ 2006 Act'}. Having satisfied my8elf that th8 accounts of the company are not required lo bg audited under Part 16 of the 2006 Act and are eligible lor independent examinalron, I report in respect ol my examination ot your eharity's accounts as carrled oul under section 145 01 the Charities Act 2011 ltthe 2011 Acl'l. In Tyng out my examination I have followed the Directions given by the Charity Commission under seGtion 145151 Ibl of the 2011 Act. Independent examiTherfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. 1. Accounting records were not kept In respect of the Company as required by section 386 01 the 2006 2. The accounts do not accoTd with Ihosg records,- or 3. The accounts do not comF4y wrf(h the accounting requirerngnts of section 396 of the 2006 Act other than any requirernenl that the accounts give a 'true and fair view which is not a matter considered as part ol an independgnl examination. I havg no concerns and have come across no other matters In connection wth the examinali¢Jn lo which attention should be drawn in this Teport in order to enable a proper understanding ol the accounts lo be reached. Mr Ceris Evans FCCA Independent Examiner Parker O'Regan Tann & Co Bangor Business Centre 2 Farrar Road Bangor Gwynedd LL57 1 LJ 6 November 2024 ## **David Solomons Charitable Trust** ## **Statement of Financial Activities** ## **Year ended 5 April 2024** ||||**2024**||2023| |---|---|---|---|---|---| |||Unrestricted|Endowment||| |||funds|funds|**Total funds**|Total funds| ||**Note**|**£**|**£**|**£**|£| |**Income and endowments**|||||| |Investment income|**4**|84,445|–|84,445|90,961| |||ৄৄৄৄৄৄৄৄ|ৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ| |**Total income**||84,445|–|84,445|90,961| |||৶৶৶৶৶৶৶৶|৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶| |**Expenditure**|||||| |Expenditure on raising funds:|||||| |Investment management costs||–|(23,227)|(23,227)|(25,292)| |Expenditure on charitable activities|**5**|(86,422)|(12,262)|(98,684)|(101,201)| |||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ| |**Total expenditure**||(86,422)|(35,489)|(121,911)|(126,493)| |||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶| |Net gains/(losses) on investments||(1,106)|22,434|21,328|(509,795)| |||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ| |**Net expenditure and net movement**|**in**||||| |**funds**||(3,083)|(13,055)|(16,138)|(545,327)| |||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶| |**Reconciliation of funds**|||||| |Total funds brought forward||38,002|2,591,487|2,629,489|3,174,816| |||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ| |**Total funds carried forward**||34,919|2,578,432|2,613,351|2,629,489| |||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶৶৶৶| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. **The notes on pages 8 to 11 form part of these financial statements.** **6** David Solomons Charitable TNst statsment of Financlal Position 5 Apr14 2024 2024 2023 Investmerts tr 2,603,1)17 2.,62ts,987 Current assets Debtor8 10 653 559 Gashat baJ* in hantt Crnditors.. amounts falllng due within on? year 11 5.524 5,149 10,33* Tot41 a888ts1088 curront Ilabilltlos 2.613,351 2,629,489 .Net assets 2,613,351 2,629,489 Funds of the charlty ' En(knYfflerilTunds 2,'St8,432 Unrestricted.furds' 3&,002 Total charity fund• 2,613,351 2,e29,489 Thesp firwrrzl sty .n13.were 3pprov8d.by"IhA.board".oftrustees and:aulhDris&l..for"issuttgnd are boaFd ty. J.J RuY8r i'CFiairmanl' The nDt•$ ary pag•$ 8'to'11 fomi part ofthose finan¢lal $tate'ment& **David Solomons Charitable Trust** ## **Notes to the Financial Statements** ## **Year ended 5 April 2024** ## **1. General information** The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 2 Highfield Road, Collier Row, Romford, RM5 3RA. ## **2. Statement of compliance** These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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 (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. ## **3. Accounting policies** ## **Governance costs** Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity including the costs of the preparation and independent examination of the financial statements. Accountancy and independent examination fees are to be charged equally as between capital and income. ## **Basis of preparation** The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## **Investment income** Investment income is accounted for in the period in which the charity is entitled to the receipt. ## **Going concern** There are no material uncertainties about the charity's ability to continue. ## **Charitable expenditure and grants payable** Charitable expenditure comprises grants payable, related administration and management costs and governance costs. Grants payable are recognised once they have been approved by the trustees and notification sent to the beneficiary organisation. Grants made are added back to general funds if the grant cheque has not been cleared within six months of issue. ## **Judgements and key sources of estimation uncertainty** The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. **8** **David Solomons Charitable Trust** **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 5 April 2024** **3. Accounting policies** _**(continued)**_ ## **Fund structure** The capital endowment fund is an expendable endowment and is unrestricted. The income arising from the capital endowment is unrestricted. ## **Recognition of income** All income is included in the statement of financial activities when the charity is entitled to the income, it is more likely than not that the income will be received and the amount can be quantified with reasonable accuracy. ## **Expenditure** Expenditure is recognised on an accruals basis as a liability is incurred. ## **Fixed asset investments** Investments are stated at the closing mid-market value at the balance sheet date. Any gain or loss on revaluation is taken to the statement of financial activities. ## **4. Investment income** ||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |---|---|---|---|---| ||Funds|**2024**|Funds|2023| ||£|**£**|£|£| |Dividends from Equities and Unit||||| |Trusts|37,441|37,441|42,133|42,133| |UK Property Income Distributions|5,977|5,977|10,845|10,845| |Foreign Dividends|19,102|19,102|24,213|24,213| |Interest from Fixed Interest Stocks|11,196|11,196|6,970|6,970| |Interest from UK Unit Trusts|9,905|9,905|6,651|6,651| |Bank interest receivable|824|824|149|149| ||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ| ||84,445|84,445|90,961|90,961| ||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶| **9** **David Solomons Charitable Trust** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 5 April 2024** ## **5. Expenditure on charitable activities by fund type** ||Unrestricted|Endowment|**Total Funds**| |---|---|---|---| ||Funds|Funds|**2024**| ||£|£|**£**| |Grants payable in year|81,686|10,000|91,686| |Administration Costs|2,425|–|2,425| |Support costs|2,311|2,262|4,573| ||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ| ||86,422|12,262|98,684| ||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶| ||Unrestricted|Endowment|Total Funds| ||Funds|Funds|2023| ||£|£|£| |Grants payable in year|85,190|10,000|95,190| |Administration Costs|2,294|–|2,294| |Support costs|1,890|1,827|3,717| ||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ| ||89,374|11,827|101,201| ||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶| ## **6. Analysis of support costs** ||Unrestricted|Endowment||| |---|---|---|---|---| ||Funds|Funds|**Total 2024**|Total 2023| ||£|£|**£**|£| |Finance costs|55|–|55|63| |Accountancy Fee|1,650|1,650|3,300|2,430| |Independent Examination|606|612|1,218|1,224| ||ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ| ||2,311|2,262|4,573|3,717| ||৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶| ## **7. Trustee remuneration and expenses** The Trustees received no remuneration or other benefits during the year. ## **8. Investments** The market value of investments at the year end was:- ||2024|2023| |---|---|---| ||**£**|£| |Equities|2,191,422|2,366,168| |Fixed interest stocks|404,817|245,813| |Cash on stockbroker capital account|6,778|9,006| ||ৄৄৄৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ| ||2,603,017|2,620,987| ||৶৶৶৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶৶৶৶| A list of investment movements and investments held at the year end is detailed on pages 18 to 19. The cost of the investments at 5 April 2024 was £1,963,394 (2023: £2,036,609). **10** ## **David Solomons Charitable Trust** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 5 April 2024** ## **9. Analysis of movement of investments** |||2024|2023| |---|---|---|---| |||**£**|£| ||Market value of investments brought forward|2,620,987|3,166,587| ||Movement on stockbroker capital account|(2,228)|(10,485)| ||Add: purchases, accumulations and equalisations|513,471|261,922| ||Less: disposals|(551,648)|(287,232)| |||ৄৄৄৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ| |||2,580,582|3,130,792| ||(Loss) / gain in year|22,435|(509,805)| |||ৄৄৄৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ| ||Market value of investments carried forward|2,603,017|2,620,987| |||৶৶৶৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶৶৶৶| |**10.**|**Debtors**||| |||**2024**|2023| |||**£**|£| ||Income Account|653|559| |||৶৶৶৶|৶৶৶৶| |**11.**|**Creditors:** **amounts falling due within one year**||| |||**2024**|2023| |||**£**|£| ||Accruals and deferred income|5,524|5,149| |||৶৶৶৶৶৶৶|৶৶৶৶৶৶৶| |**12.**|**Analysis of net assets between funds**||| ||Unrestricted|Endowment|**Total Funds**| |---|---|---|---| ||Funds|Funds|**2024**| ||£|£|**£**| |Tangible fixed assets|24,585|2,578,432|2,603,017| |Current assets|15,858|–|15,858| |Creditors less than 1 year|(5,524)|–|(5,524)| ||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ| |**Net assets**|34,919|2,578,432|2,613,351| ||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶৶৶৶| ||Unrestricted|Endowment|Total Funds| ||Funds|Funds|2023| ||£|£|£| |Tangible fixed assets|29,500|2,591,487|2,620,987| |Current assets|13,651|–|13,651| |Creditors less than 1 year|(5,149)|–|(5,149)| ||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄৄৄৄ| |**Net assets**|38,002|2,591,487|2,629,489| ||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶৶৶৶| ## **13. Related parties** There were no related party transactions during the year. **11** ## **David Solomons Charitable Trust Year ended 5 April 2024 Grants Payable** |Ab Phab Youth Club
Ability Bow
Access Right to Care
Action for Kids
Alofts Community
Amaze
Animal Antiks
Aoifes Sensory Bus
AssistiV CIC
Autism Bedfordshire
Bag Brooks
Band
Barking + Dagenham
Basingstoke Mencap
Bath Gateway
Belive
Beyond Autism
Bird Aid
Bishop Creighton
Bishop Stortford Mencap
Bleasdale School
Bloomin' Arts Limited
Blueprint Training
Bolton Lads & Girls
BOSP
Break Fundraising
C Potential Trust
Camp Knak
Camphill School Aberdeen
CASBA
Caring for Life
Carousel Project
Celf o Gwmpas
Certitude Support
Chattersense
Cherwell Theatre Company
CHIPS
Children's Aid
Christ Church Academy Parent Teacher Association
Crackerjacks
Communigrow
Concrete Youth
Cosgrove Care
Create Bolton
Creating Adventure
Balance carried forward|2024
-
1,000
-
-
-
-
-
750
1,000
1,000
750
-
750
500
-
-
-
500
-
-
-
750
-
-
-
-
-
1,000
1,000
750
-
-
-
1,000
750
500
500
-
500
750
-
-
-
-
-
13,750|**2023**
**500**
**-**
**1,000**
**750**
**500**
**1,000**
**500**
**-**
**-**
**-**
**-**
**500**
**-**
**-**
**750**
**500**
**500**
**-**
**750**
**500**
**500**
**-**
**1,000**
**1,000**
**500**
**500**
**1,000**
**-**
**-**
**-**
**750**
**1,000**
**500**
**-**
**-**
**-**
**-**
**1,000**
**-**
**-**
**500**
**500**
**1,000**
**500**
**1,000**
**19,000**
**12**| |---|---|---| ## **David Solomons Charitable Trust Year ended 5 April 2024 Grants Payable** |Balance brought forward
Crosshouse Children's Fund
Dates-n-Mates
Destination Pond Meadow
Devon County Council
Dingley's Promise
Dogs For Good
Downright Brilliant Newry
Downs Syndrome Association (from Capital)
Down Syndrome Development Trust
Down Syndrome International
Down Syndrome Training & Support Service Ltd
Enable Scotland
Exeter Gateway Centre
Ezer Leylolds Ltd
Face Front Inc
Fairfield School
Families United Network
Family Care Trust
Farmability
Friends of Ashton Secondary School
Friends of Manor Mead
Friends of Ravenshall
Frozen Light
Fulfil the Wish
Gartmore RDA
Gateway into the Community
Glasgow Group RDA
Grove Park Charitable Trust
Guideposts Trust Limited
Halow Project
Handicapped Children's 'Action' Group
Helping Angels
HF Trust Limited
Hollow Lane
Home Link Family Support
Horsley Bookham & Leatherhead Rda
In Touch / Kids United
Includes Us 2
Incredible Kids
Incredible Me
In-Deep Community
Insight CCSS
ISPEA
Just Good Friends
Balance carried forward|2024
13,750
713
1,000
750
-
750
750
750
10,000
-
-
1,000
-
750
-
-
750
750
-
-
1,000
-
-
750
-
500
500
750
-
500
-
750
900
850
-
500
-
500
-
750
-
-
-
-
-
39,963|**2023**
**19,000**
**-**
**-**
**-**
**1,000**
**-**
**-**
**-**
**10,000**
**500**
**1,500**
**-**
**1,500**
**-**
**1,000**
**500**
**-**
**-**
**750**
**500**
**-**
**950**
**500**
**-**
**500**
**-**
**-**
**-**
**500**
**-**
**500**
**-**
**-**
**-**
**1,000**
**-**
**750**
**-**
**500**
**-**
**500**
**750**
**1,000**
**1,000**
**500**
**45,200**
**13**| |---|---|---| ## **David Solomons Charitable Trust Year ended 5 April 2024 Grants Payable** |Balance brought forward
Kangaroos Mid Sussex
Keynsham Mencap
Kids Care London (Camp Horizon)
Kids in Action
Kindred Advocacy
Kingswood Trust
Launchpad (SW) CIC
Learn and Thrive
Learning Library
Leeds Hospital Charity
Leeds Mencap
Leeds Weekend Care
Let's Play
Lewisham Speaking Up
Lightyear Foundation
Linkable Woking
Little Gate Farm
Little Hiccups
Little Treasures
Live Music Now South West
London Riverside Church
Lothian Autistic Society
Magic Carpet
Magpie Dance
Mahavedi Yoga
Maiden City Soccer
Minstead Trust
Multisports Club
Musical Keys
Mustard Seed Autism
My Life My Choice
Newufe Charity
Northdale Horticulture
Oak Tree Farm Rural Project Limited
Omagh Futsal Association
Open House Bedford
Open Minds
Open Story Tellers
Opening Doors
Options for Life
Orchard Hill College
Out N About
Oxford Philharmonic
Parenting Special Children
Balance carried forward|2024
39,963
-
-
1,000
-
-
-
750
-
-
1,000
-
500
750
1,000
750
-
-
1,000
1,000
750
500
-
-
1,000
-
-
-
-
750
500
-
-
500
750
-
500
500
500
-
750
495
-
-
750
55,958|**2023**
**45,200**
**500**
**500**
**-**
**500**
**500**
**950**
**-**
**500**
**750**
**-**
**1,000**
**-**
**-**
**-**
**-**
**750**
**500**
**-**
**-**
**-**
**-**
**1,000**
**750**
**-**
**500**
**500**
**500**
**1,000**
**-**
**-**
**1,000**
**500**
**-**
**-**
**500**
**-**
**-**
**-**
**750**
**-**
**-**
**750**
**1,000**
**-**
**60,400**
**14**| |---|---|---| ## **David Solomons Charitable Trust Year ended 5 April 2024 Grants Payable** |Balance brought forward
Parenting Together
Parity for Disability
Peeps
Pennyhooks Farm Trust
People First Ltd
Phoenix Enterprises Swindon Ltd
Popsy Charity
Priors Court
ProgressAbility.org
Prospero Theatre
Purple Patch
Reanella Trust
Rescare
Rett UK
Revitalise Respite Holidays
Rockinghorse Children's Charity
Rossendale Trust Limited
Rowan Humberstone
Rubys Fund
Salto Gymnastics
Sam's Place NW Ltd
Sasbah
Scropton Riding for the Disabled
Seashell Trust
SELFA
Services for Education
Shooting Star Children's Hospices
Side by Side Children
Skills + Vol Cymru
Skills for People
Snaps Yorkshire
Social Link CIC
Soundabout
Southwark Playhouse
Space 4 Autism
Spadework Ltd
Sparkles (South Wales)
Spectrum Gaming
Springboard
Square Peg Activities
St Cuthbert's Roman Catholic Academy Trust
St Werburghs City Farm
Stanley Grange
Step by Step London
Balance carried forward|2024
55,958
-
-
-
750
750
-
-
-
-
-
-
-
-
750
750
750
750
-
-
-
-
-
750
-
500
750
2,000
-
-
-
-
1,000
1,000
1,000
500
-
750
1,000
500
750
750
1,000
-
750
73,458|**2023**
**60,400**
**750**
**1,000**
**750**
**-**
**-**
**500**
**1,000**
**1,000**
**1,000**
**500**
**500**
**500**
**750**
**-**
**-**
**-**
**-**
**750**
**750**
**500**
**500**
**1,000**
**-**
**500**
**-**
**-**
**-**
**500**
**500**
**750**
**500**
**-**
**-**
**-**
**-**
**500**
**-**
**-**
**-**
**-**
**-**
**-**
**500**
**-**
**75,900**
**15**| |---|---|---| ## **David Solomons Charitable Trust Year ended 5 April 2024 Grants Payable** |Balance brought forward
Steps Conductive
Stick 'n' Step
Stockdales of Sale, Altrincham & District Ltd
Support Send Kids
Swallow Ltd
Swings and Smiles
T.I.M.E
The Assist Trust
The Benedetti Foundation
The Bluecoat
The Brainwave Charity
The Chamwell Centre
The Change Foundation
The Crumbs Project
The Forest School
The Freya Foundation
The Grace Eyre Foundation
The Hamlet Centre
The Island Trust Ltd
The Kent Autistic Trust
The Mason Foundation
The Move Partnership
The Open Theatre
The Orpheus Centre
The Peter Pan Centre
The Paperwork Trust
The Propeller Trust
The Royal Society for Blind Children
The Stables Theatre
The Thomley Hall Centre Limited
Thomas Theyer End
Thumbs Up Club
Tikva
TLC Foundation
Toucan Employment
Transforming Autism
Treloar Trust
Us In A Bus
Variety The CCF
Welsh National OP
Wet Wheels Solent CIC
Where I Want to Live
Where Next
White Lodge
Balance carried forward|2024
73,458
-
500
750
-
-
1,000
-
-
1,000
-
1,000
-
-
-
-
750
750
-
1,000
500
750
750
-
-
750
-
728
500
750
500
500
750
-
500
-
-
750
-
-
-
750
-
1,000
-
89,686|**2023**
**75,900**
**1,000**
**-**
**-**
**500**
**1,000**
**-**
**500**
**500**
**-**
**500**
**-**
**1,000**
**1,000**
**500**
**340**
**-**
**-**
**1,000**
**-**
**-**
**-**
**-**
**500**
**500**
**-**
**1,000**
**-**
**-**
**-**
**-**
**700**
**-**
**1,000**
**-**
**1,000**
**1,000**
**-**
**1,000**
**1,000**
**750**
**-**
**500**
**-**
**500**
**93,190**
**16**| |---|---|---| ## **David Solomons Charitable Trust Year ended 5 April 2024 Grants Payable** |Balance brought forward
Whoopsadaisy
Wildgoose Rural
Work Limited
Young Epilepsy
Zero Limits WAP
TOTAL||2024
89,686
-
-
-
1,000
1,000|**2023**
**93,190**
**750**
**750**
**500**
**-**
**-**| |---|---|---|---| ||£|91,686

**£**|**95,190**
| **17** ## **David Solomons Charitable Trust** ## **Schedule of Investments and income for the Year ended 5 April 2024** |**Equities**
Aberdeen Standard European Logistics Ord 1p
Astrazeneca Ord 116.930796p
Civitas Social Housing PLC Ord 1p
Croda International Ord GBP
Diageo Ord 28 101/108p
Digital 9 Infrastructure PLC Ord NPV
Diploma PLC Ord 5p
Ecclesiastical Insurance Office 8.625% Pref
Foresight Solar Fund Ltd NPV
Fundsmith Sustainable Equity Fund
GAM Star Fund Disruptive Inst GBP Acc
GlaxoSmithKline Ord 25p
GlaxoSmithKline Ord 31.25p
Greencoat UK Wind PLC Ord 1p
Gresham House Energy Storage PLC Ord
Haleon PLC Ord 1p
Halma PLC Ord 10p
Home REIT PLC Ord 1p
HSBC ETFS PLC MSCI Pacific
International Consolidated Airline Ord Eur0.50
Invesco Markets III PLC UCITS ETF
iShares S&P 500
J P Morgan Amer IT Ord 5p
London Stock Exchange Group Ord GBP0.6918604
Mercantile Investment TST PLC
MSIM Fund Management (Ireland) Ltd Asia Opportunity Z Acc
National Grid Ord 12.431p
Picton Property Income Ord NPV
Prudential Ord 5p
Relx PLC Ord 14.44p
Rio Tinto Ord 10p
Schroder Oriental Income Fund Ord 1p
Scottish Mortgage Inv Trust Ord 5p
Segro PLC Ord 10p
Spirax-Sarco Engineering Ord GBP
The Renewables Infrastructure Group Ord NPV
3i Infrastructure Ord NPV
Triple Point Enrgy EFF Infrs Co PLC Ord 1p
Tritax Big Box Reit PLC Ord 1p
UK Treasury 1.625% 22.10.2028
Unilever PLC Ord 3.1111p
Vanguard Funds PLC ETF Inc 3404p
WH Smith PLC GBP.02209|45,000
-
50,750
810
1,870
70,000
2,390
45,220
75,200
36,550
1,220
-
3,177
60,930
56,400
3,972
3,230
50,000
-
25,750
-
4,300
21,840
615
32,100
970
6,017
58,800
3,631
2,700
1,135
36,550
20,500
10,000
450
46,700
28,603
70,000
31,860
70,000
1,490
-
-
**I**
**Holding**|45,020.00
31,500
-
-
Purchased on 12.06.23
49,997.93
27,507
Sale on 19.05.23
55,019.92
51,484
17,912.67
68,610
70,020.00
47,460
31,706.36
63,000
Sale on 15.08.23
Sale on 18.10.23
51,414.64
59,012
80,533.99
83,021
61,160.87
62,734
79,964.65
57,351
Sale on 27.04.23
-
-
34,144.74
47,248
Sale on 12.06.23
71,572.46
97,305
Sale on 13.04.23
74,970.70
88,661
Sale on 13.04.23
7,801.69
13,531
Sale on 13.04.23
25,151.94
69,607
Sale on 18.10.23
50,020.00
19,025
-
-
Purchased on 18.10.23
44,206.89
37,659
-
-
Purchased on 27.04.23
37,764.66
140,234
30,310.70
152,662
Sale on 10.07.23
50,202.98
48,511
70,300.00
62,017
63,458.00
39,566
Sale on 18.10.23
35,300.90
67,932
29,984.82
41,983
19,685.05
40,050
39,991.34
70,875
Sale on 13.04.23
Sale on 18.10.23
12,167.89
59,962
60,142.47
93,568
55,465.99
131,733
28,640.13
75,640
Sale on 18.10.23
54,853.12
51,300
54,963.55
59,869
47,333.00
90,099
Sale on 13.04.23
Sale on 12.03.24
70,020.00
42,350
Sale on 18.10.23
33,076.08
44,413
60,559.10
64,790
Sale on 12.06.23
26,046.24
63,899
Sale on 12.03.24
-
-
Purchased on 12.03.24
-
-
Purchased on 13.04.23
1,730,885.46
2,366,168
**nvestments at 5 April 2023**
**Cost**
**Market Value**|340
(50,750)
(660)
(1,220)
(3,177)
(6,195)
(6,050)
(3,972)
(535)
3,595
220
(1,865)
(970)
(910)
(2,050)
(6,175)
(70,000)
(70,000)
(260)
1,770
2,640
**Purchase /**
**(Sale)**|340
(50,750)
(660)
(1,220)
(3,177)
(6,195)
(6,050)
(3,972)
(535)
3,595
220
(1,865)
(970)
(910)
(2,050)
(6,175)
(70,000)
(70,000)
(260)
1,770
2,640
**Purchase /**
**(Sale)**|39,757.47
(40,548.25)
(19,870.63)
(54,979.79)
(43,610.45)
(10,010.43)
(9,998.26)
(13,682.04)
(10,012.71)
35,840.71
55,767.80
(13,932.65)
(36,695.10)
(24,988.65)
(14,943.86)
(20,111.02)
(37,897.00)
(61,411.61)
(10,084.66)
60,246.02
40,419.40
**Acquisitions and Re**
**Cost / (Proceeds)**|(161.61)
**alisations**
**Accrued**
**interest**|(9,449.68)
11,114.90
(24,984.86)
9,465.71
2,733.37
1,956.19
5,880.35
5,846.68
11,344.30
(26,762.90)
11,510.09
9,072.63
9,892.47
(32,123.00)
852.51
5,539.68
(8,111.56)
**Profit / (Loss)**|45,000
340
-
810
1,870
70,000
1,730
45,220
75,200
36,550
-
-
-
54,735
50,350
-
2,695
50,000
3,595
25,750
220
4,300
19,975
615
32,100
-
6,017
58,800
3,631
1,790
1,135
36,550
20,500
7,950
450
46,700
22,428
-
31,860
-
1,230
1,770
2,640
**Holding**
**Inve**|45,020.00
26,640
39,757.47
36,108
-
-
55,019.92
36,839
17,912.67
53,286
70,020.00
15,820
22,950.63
62,038
51,414.64
59,464
80,533.99
62,190
61,160.87
68,656
-
-
-
-
-
-
64,295.40
75,261
66,928.63
20,769
-
-
20,985.90
61,177
50,020.00
19,025
35,840.71
37,298
44,206.89
44,213
55,767.80
77,074
37,764.66
176,182
27,722.35
195,356
50,202.98
57,675
70,300.00
71,262
-
-
35,300.90
62,156
29,984.82
37,750
19,685.05
26,056
26,512.78
59,392
12,167.89
56,461
60,142.47
94,665
55,465.99
175,808
22,768.90
68,927
54,853.12
43,605
54,963.55
46,233
37,114.45
73,003
-
-
33,076.08
48,587
-
-
21,501.26
47,195
60,246.02
60,698
40,419.40
34,558
**Cost**
**Market Value**
**stments at 5 April 2024**|45,020.00
26,640
39,757.47
36,108
-
-
55,019.92
36,839
17,912.67
53,286
70,020.00
15,820
22,950.63
62,038
51,414.64
59,464
80,533.99
62,190
61,160.87
68,656
-
-
-
-
-
-
64,295.40
75,261
66,928.63
20,769
-
-
20,985.90
61,177
50,020.00
19,025
35,840.71
37,298
44,206.89
44,213
55,767.80
77,074
37,764.66
176,182
27,722.35
195,356
50,202.98
57,675
70,300.00
71,262
-
-
35,300.90
62,156
29,984.82
37,750
19,685.05
26,056
26,512.78
59,392
12,167.89
56,461
60,142.47
94,665
55,465.99
175,808
22,768.90
68,927
54,853.12
43,605
54,963.55
46,233
37,114.45
73,003
-
-
33,076.08
48,587
-
-
21,501.26
47,195
60,246.02
60,698
40,419.40
34,558
**Cost**
**Market Value**
**stments at 5 April 2024**| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||26,640
36,108
-
36,839
53,286
15,820
62,038
59,464
62,190
68,656
-
-
-
75,261
20,769
-
61,177
19,025
37,298
44,213
77,074
176,182
195,356
57,675
71,262
-
62,156
37,750
26,056
59,392
56,461
94,665
175,808
68,927
43,605
46,233
73,003
-
48,587
-
47,195
60,698
34,558| |||1,730,885.46|||(190,745.71)|(161.61)|||1,532,028.19|2,191,422| 18 **David Solomons Charitable Trust** ## **Schedule of Investments and income for the Year ended 5 April 2024** |**I**
**Holding**
**Fixed Interest**
MI Twentyfour Dynamic Bond Gross I Inc
1,065
iShares II PLC GBP Idx-Linked GILTS ETF Inc
3,640
Henderson Investment Funds Ltd Fixed Interest Monthly Inc
105,800
UK Treasury 4.25% 07.03.2036
-
UK Treasury 3.25% 31.01.2033
-
UK Treasury 4.25% 07.12.2027
-
UK Treasury 4.25% 07.06.2032
-
UK Treasury 4.25% 07.09.2039
-
UK Treasury 4.25% 07.12.2040
-
Stockbroker Capital Account
**TOTAL INVESTMENTS**
Unrealised Gains
** This investment represents more than 5% of the portfolio at 5 April 2024|**nvestments at 5 April 2023**
**Cost**
**Market Value**
111,920.24
97,081
Equalisation on 31.05.23
75,038.85
52,984
Sale on 15.08.23
109,759.07
95,749
-
-
Purchased on 12.06.23
Sale on 11.01.24
-
-
Purchased on 12.06.23
Sale on 11.01.24
-
-
Purchased on 15.08.23
Sale on 11.01.24
Sale on 12.03.24
-
-
Purchased on 18.10.23
-
-
Purchased on 18.10.23
-
-
Purchased on 11.01.24
296,718.16
245,813.36
9,005.71
9,006
**2,036,609.33**
**£**
**2,620,987.39**
**£**
584,378
£|**T**|**Purchase /**
**(Sale)**
(3,640)
46,000
49,500
0
36,380
38,880
40,000
**otal movement in**|**Purchase /**
**(Sale)**
(3,640)
46,000
49,500
0
36,380
38,880
40,000
**otal movement in**|**Acquisitions and Re**
**Cost / (Proceeds)**
(179.13)
(46,519.20)
44,804.82
44,825.78
(2,269.52)
35,795.74
36,139.35
39,970.80|**alisations**
**Accrued**
**interest**
(41.80)
(225.87)
(676.82)| |---|---|---|---|---|---|---| ||296,718.16||||152,568.64|(944.49)| ||9,005.71||||(2,228.06)|| ||**2,036,609.33**
**£**
||||**(£40,405.13)**|**(£1,106.10)**| |||||**t in**|**stockbroker deposit acc**|| |||
T
T
T
T
I||||| 19