THE JOHN & PAMELA SALTER CHARITABLE TRUST
(REGISTERED CHARITY NO. 2983171
REPORT & ACCOUNTS FOR THE YEAR 01.09.2024 TO 31.08.2025

The John & Pamela Salter Charltable Trust
(Reglstered Charity No. 298317)
Report for the Year Ending 31 August 2025
l. Deed & Trustees
The trust was established by a Oeed dated I September 1987 by Pamela Jean Salter in
memory of her late husband, Dr John Gurney Salter. Mrs Pamela lean Salter retained a life
long interest in science since taking a degree in physiology at Cambridge University. Mrs
Pamela Salter passed away on P April 2022.
The current trustees are".
A. Mr Charles William Legh Barratt.
B. Mr Samuel Charles Legh Barratt.
C. Mr5 Michelle Anne Collins.
D. Mr Stephen John Skinner.
2. Objerts of the Trnst
During the lifetime of the Setth)r. to pay or apply the income of the Trust Fund and so much
of the capital as the Settlor rnay determine to such charities or for such charitable purposes
as the Settlor may determine.
After the death of the Settlor, to pay or appty the capital and Income of the Trusl Fund to
such charities or for such charitable purposes as the Trustees shall determine having regard
to any direction given or wishes expressed by ihe Settlor to the Trustees.
3. Aclivitles during the year
There were various changes to the trust investments as reflerted in the Capital Account.
Grants totalling £70,000.00 were made during the year as shown on the Income Account.
4. Commissions received from dealing fees
Commi55ion5 amounting to £11,307.37 have been received by Barratt & Cooke during the
year. a firm in which trustee Mr Samuel Charles Legh Barratt is a director. These payment5
are authorised under paragraph 6 of the Trust Deed.
5. Payments to Trustees
Fees amounting to £6,801.48 have been paid to Cozens-Hardy LLP during the year. a firm in
which trustee Mrs Michelle Anne Collins is a partner. These payments are authorised under
paragraph 6 of the Trust Deed.

6. The Actounts comprlse:
Capital Account
Page I
Investment Transactions
Page 2
Schedule of Investments
Page3-4
Income Account
Page 5
Cash Statement at 31.08.24
Page 6
7. Addresses etc:
Principal registered address
Castle Chambers
Opie Street
Norwich
Norfolk
NRI 3DP
Solicitors
Cozen5-Hardy LLP
Opie Street
Norwich
Norfolk
NRI 30P
Stockbrokers
arratt & Cooke
516 Opie Street
Norwich
Norfolk
NRI 3DW
Bankers
Lloyds Bank PIC
16 Gentleman's Walk
Norwich
Norfolk
Accountants
Nuvo AccDtJntancy Limited
Millennium Court
First Avenue
Burton upon Trent
Staffordshire
DE14 2WH

Th• John and Pam8la Salter Charflablg Tnwt
Capfjtal Ac¢ountlorY•ar Endlng 31.08.25
Investments..
lnvestsn￿ts al book cost brought foNard at 01.09.24
4.872,073.18
Less w$t of inv8slm8nts r8alised in year
728.204.61
4,143,868.57
Add cost of Inveslments trnught in year
763,153.82
Invtstm•nts al cost carrRd forward at 31.08.25
4,907,022.39
Capital Ca#h:
Brought fcrward at 01.(￿.24
217,221.04
Add".
Proceeds of inve5tm8nt Teali5ation$ year
761.187.40
978,408.44
Le68 ¢081 of in¥8stm8nis bought in yè8r
763.153.82
Capital Cash Carr￿ forward at 31.08.25
215,254.62

Th• John and Pamela Salter Charltsbl¢ Tru$t
Invmtment Transa¢tlong In Year Endlng 31 A.2S
INVESTMENT TRANSACTIONS..
Realisations..
Book Cc*t
ol Investmerts
801
2350 Anglo American Ordy USSO.54945 shares
770
Diploma PLC Ordinary 5p shares
400
Schneider Electric SE EUR4
113
MiGrosoft Corp'n Com Stk USSO.O(YXf25
220
Oracle Corporat￿n Common StLKk USO.01
780
Church & Dwight Cornpany In¢ Cornrnon Stock US01
1800 Intèrtek Group Ordinary 1 p sh3re8
2150 Harbourve3t Global Privaltr Equty Lld Ord NPV Sh$
2700 SSE PLC Oidinary 50p ShaTes
5150 Biotech Growth TnJsl Ordy 25p Shares
300
Oracle COrporat￿rn Common Stock USO.01
520
Pepsico Ine Cap USSO 01
125
LVMH Moet-Henness Louis Vuitton EURO.30
440
CME Group Inc.Common Stock USDO.01 A
350
Verisk Analyb"c5 InG.Corntnon StoGk No Parvalue
400
Schneider Redemption of capital return
74
Lonza Redempts"on of sttare premium raprtal le1￿M
79.321.88
21,616.32
20,964.98
23,377.37
20.955.25
50,071.00
69,258.70
51,170.00
41,452.99
49,624.94
28,575.34
64,566.06
77,748.01
70,121.75
58,949.00
31202
119.00
52,034.46
34,525.71
32,795.08
38,898.33
32.377.94
65,45133
70,46129
55.876.79
42.10866
42,401.57
38.081.32
51.664.51
48,317.54
90,313.70
87,292.39
454.47
132.31
728.204.61
761,187.40
Acqui8ition8'.
COBI
149550 Treasury 4.375 Gill 0710312028
164200 Treasury 1.625% Gilt 2211012028
43
Partners Group Holding AG CHFO.01
5300
Nab'onal Grid PLC Ordinary 12 2041473p Shares
10250 Sthr0der￿1an Total Retum Invgstrnent O¥d 5p Shares
380
Proctor & Gamblè C(>mmon Stock NPV
270
SalesfOr￿ Inc Common Stock USDO.001
4170
Hanet Icav Fut De
850
Intercontinenial Hotsls
525
Texas Inslrumenis
149,965 53
149,977 25
50,419.08
49,885.24
49,894.03
50,220 91
57,984.19
54.912.50
74.996.00
74.899.09
783,153.82

The John and Pamela Salior Charitablo Trust
Schodule of Inve¥tmont8 at 318tAugu6t 2025
Bur*Co¥t
¥t
31 08.25
175000 Treasury 2% Gilt 07109rk025
147990 Treasury 4.125% Gill 2910112027
82000 Treasury 0.125% I￿ Gilt 10108r2028
80000 Treasury 4.25% Gilt 07112Q027
197850 Treasury 4.125% Gitt 2210712029 GBPO.01
149550 Treasury 4 375 Gitt 07103Q028
1S42W Treasury 1.625¥0 Gif(2211012028
15000 31 Infrastructure PLC Ordinary Shar98 of NPV
2625
Admiral Group Ordinary 0.1 p shares
57
Adyen NV Etsro.01 Common sto￿ of NPV
t164
Alphabet Inc Common Stock No ParValue"A Shrs
140
ASML Hokling NV E￿￿￿.09
1200
Astrazeneca PLC Ordinary US$O.25 Sha￿$
4100
Auas Copco AB Class Common Stock SEKO.639
375
Automatic Data Pro￿551n9 Cornmon Stk USDO.10
2723
BHP Group Ltd NPV Shares
1324
Colgate-Palrnolive Company Common Stod( USD1
899
Coloplast Com Stk DKK1
990
Crcéa 5nt'l PLC Ordinary 10.609756p share$
3475
Diag80 PLC Ord 28 1011108p sha￿$
2800
Diploma PLC Or4inary Sp sha
490
Edwards Lifesciences Corp Common Stoth USD1
500
Este8 Laud&r Companies In¢ CLS'A" Com Stk USDO.01
1850
Experian PLC Ordinary USSO.10 Share5
3500
Halma PLC Ordinary 10p Shares
4170
Han8tt ICAV Future of Dgfence UCITS ETS
180
IDEXX Laboratories Inc. common stock USDO.10
12850 Impax Environmental Markets Ordy 10p Shs
850
Intercontinentsl Hotels
60300 J P Morgan Global Emerging Markets IncT6t 1p
50000 J P Morgan Emerging Markets It[ PLC Ord 2.5p share8
1650
Li)tEdon Stoth Exchange plc ord 6 79186p
74
Lonza Group AG CHF1 IRegdl
159
L'oreal Common Stod( EURO.20
451
Mast•r¢arf Incorporated Common Stod
38500
Merr2ntilo Invesb7)entTrust Ordinary 2.5p Shares
600
Microsoft Corp'n Ctjm Stk US$0 OOOCE25
530Q
National Grid PLC Ordinary 12 2041473p Sha
Nike In¢ Cla$s"B Common Slod( NPV
North Ameri¢an In¢ome Twsl PLC Ord 5p Sharts
Nvarbs AG CHFO.01 (Regdl
NovTrNordisk AS C(Thtnon Stock DKKO.1 Seriés B
Pa&fiv Assets Trust Ordy 12.5p shares
Panlheon Intetnational PLC Ordinary 6.7p Shar85
Partners Group Hohling AG CHFO.01
ProctDr & Garnble Cornmon Strck NPV
1300
ReEkitt Benckiser Group Ordy. 10p Share5
2700
Relx PLC Ord 14 511116p
3(￿0
Rio Tinto Ordinary 10p shares
270
Salesforeè Inc Cornrnon Stock USDO.001
5550
Shell PLC Ordinary EURO.07 Shares
400
Schneider Electric SE EUR4
7300
Scotb5h Mortgage Investrnent Trust Ord 5p Sh8
10250 Schrod8rAsian Total Rebjrn Investment Ord 5p Shar88
6750
Softcat PLC Ofdinary GBPO 0005 shares
550
Spirax-sarco Enginegring Ord 2e 12113p $hare$
525
T8xas In8truments
171,343.59
149,997.62
114,674.32
80,626.39
198,893.16
149,965.53
149,977.25
49,415.95
57,075.01
81,815.00
119,9S144
70,104.50
116.335.80
39,551 38
74,863.25
79,981.00
81.989.18
107,840.00
48.759.44
131.992 49
78.604.82
34.944.44
74.586.78
50,324.97
7,658.22
54,912.50
60,320.20
59,303.00
74,996.00
75.029.00
50,008.90
111,040.34
34.145.00
49.147.00
139,891.32
73.928.91
124,127.63
49.885.24
48,802.77
74,818.58
54,940.09
26,218.91
48,284.96
24,901.70
50,419.08
50,220.91
66,280.83
33.447.15
182,625.00
57,984.19
113.910.42
50.206.CK)
58,506.18
49,894.03
85.251.$0
61,015.98
74,899.09
174,948
148,286
117,286
80.856
198.463
150,926
153.642
51,150
95,183
70,758
183,513
77.130
141.480
48.450
84,430
56,175
82,423
63,873
24,829
71203
151,200
29.513
33,963
70,892
115,080
S5,603
86,249
51,01S
76,092
90,149
59,800
151,272
38,809
54,752
198.803
95.480
225.119
55,173
33.229
81,938
76.819
40,352
46,284
36,684
43,651
44,189
71,890
93,042
139,260
51,233
151,182
72,713
80,154
51,865
1CQ,810
40.123
78.715
23750
821
970
133(XJ
11150
43

400
9250
3145
314
130
620
310
324
Tho Renewables Infra5trudure GRP Ltd Ord Share$ NPV
TR Propety ￿ Ordinary 25p Shara$
Unilever PLC Ord 3 119p Shares
VISA Inc. Cla$8 A Comrnon Stock USDO.0001
Wats¢o In¢ Common Stock USDO 05
WoKers-Kluwer NV CVA EUROO.12
Xylem Inc Comtnon Stoth USDO.01
Z08*s Inc Cornmon Stock USDO.01
52,173.55
30.Q08.47
lo1.￿6.27
54,145.00
49,959.81
53,867.14
29.319.53
44,918.88
30,880
29,693
146,305
81,794
38,735
57.734
32,495
37,523
4,907,022.39
5,511,240

Thg John and Pamela Sa5ter Charitable Trust
Incom• Accountfor the Ye•r to 31.08.25
Defielt Balaneo brought forward at 01.09.24
130,725.321
Incomg Recelpts In yearto 31.08.25:
- I￿Ve$trne￿I In￿rne..
UK Dividends 1.9.24- 31.8.25
- UK ALrthorised Unit Trusts 1.9.24- 31.8.25
Intèrest 8earing Sècuritigs 1.9.24_ 31.8.25
Propety Income Dividends 1.9.24- 31.8.25
Oversaas Dividends 1.9.24- 31.8.25
64,533.96
0.00
25,513.25
0.00
33 057.66
123.104.87
- Inter85t IncL
Lloyds Bank Plc, gross int8rest
- Intarast pèr Barratt & Cooke Deposit 1.9.24- 31.08.25
13.63
1,554.14
124,672.64
93,947.32
Less Expen￿ fory8ar:
- Cozens-Hardy LLP fees
- Batratt & Cooke, S8fe Cu5too¥ Fees
- Barratt & Cooke, FX feas on lorèign ajrrèncy transactior
- Nuvo Accountsncy Limited fees
-scottish Power- Electricity supply at 22 A¥h Grovg
6,801.48
1,170.00
195.87
1,980.00
174.21
10,321.S6
83,625.76
Lw Grants In y0ar'.
- Braak Charity INov8rnber 2024)
- Norfolk Community Arts INovember 20241
- Gabrielli Roar- Nomch Cathedral INovernber 20241
Hebron Trust (November 20241
- Ormiston Families INovomtÈr 20241
- W (November 20241
National Centre for Livin9 INov8rnber 20241
- Norfolk & No[￿1Ch Hospital Charity (November 20241
- Ted Ellis Trust (Novambar 20241
Thornag8 Hall Independent Living INovemb8r 2024?
Norfolk Community Foundaknon (May 2025)
Pristy118 Bacon Hospi￿ (May 20251
- Royal Norfolk Agricultural A$$o¢iotion (May 20251
- Holtyouth Project (May 2025}
Little Lifts (May 20251
School R8adeis Imay 20251
UEA Film Archive (May 20251
Tapping House Limited (May 20251
Thg Country Trust (May 20251
3.000.
2.000.00
1.￿0.i￿)
￿,￿0.00
2,000.00
2.500.00
1,000 00
S,￿0.00
7,500.00
3,WO.00
2.￿0.00
10,[￿0.00
S.(M)O.00
s,(￿.00
3.￿0.00
3,CQO.00
500.00
2.500 00
10,000.00
70,000.00
Balance CawFied Fowdrd at 31.8.25
13.625.76

John and Pam•la Saltèr Charltabl• Trust
Cash Statement at 318t August 2025
Lloyds TSB AIC no. 1230900, balance al 31.8.25
Lloyds TSB AIC no. 7118770, balan￿ al 31.8.25
Monies al Barrall & Cooke at 31.8.25
- Capital Account
Capital account interest
Dividend CL4ims
115,559.67
1,305.80
111,782.85
0.00
244.15
Cozens-Hardy LLP Disbursement balance per ledger report
112.091
228,880.38
Representing=
Capital Cash balance at 31.8.251 page 11
Income balance al 31.8.25 {page 41
215,254.62
13,625.76
228,880.38

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE JOHN & PAMELA SALTER CHARITABLE TRUST
I report on the accounts of the Charitable Tru$l for the year ended 31" August 2￿25 whrh are sèt out on pages
1to5.
Respèctlv• responsibilitieg of trustsès and examiner
The chanty's trustees are responsible lor th• preparation of the accounts. The char'ty's trustees ¢on$ider that
an audit is not required for this year under section 14412) of the charit￿ Act 2022 and that an independent
examination is needed.
It is my responsibilty to..
examine the acxounls under section 145 ofthe 2022 kt..
follow the procedures laid down in the General Directions given by the Charty Commission undar s8ctw)n
1451Sllbl of the 2022 Act,. and
$18te whether particular matters have come to our attantion.
Ba¥1¥ of indgpendont gxamlnerfs statement
My exarninatKJn was carried out in accordance with the General Directions given by the Charity Commission.
An examinalign irtlLvJes a wiew of the accounting records kept by the chanty and a comparison of the
accounts presented with those records. 11 also indudes consideration of any unusual items or dis(*)5urgs in the
8c¢ounts and $e*king explanations from you as trustees concerning any such matters. The procedures
undèrtaken do not provide all the eviden¢e that would be required in an Audit, and consequently no c¥)inion is
given as to whelher th8 accounts pre￿￿1 a'true and fair view and the report is limited to thosè matters set out
in the statement below.
Independent exarninerfs Ststemgnt
In connection wrfh rny ￿aminatiOn, no matter has come tts my attention-.
whi¢h giv$s mg reasonable cause to bdieve that in any material respect the rèquirements..
to keep accounting records in accordance with se&ion 130 of the 2022 Act.. and
to prepare accounts which accord wrfh th• accounting records and coM￿Y with the 8¢¢ounln9
requirements of the 2022 Act
have not been rnel., or
to which. in my opinion, attèntion should te drawn to enable a proper understanding of the accounts lo be
reached.
Lee Frost FCCA
Nuvo Accountancy Limited
Charteced Certified Accountants
Millennium Court
First Avenue
BurtorÈ on Trent
Siaffordshire
DE14 2W
D*e '.
711 J26