Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 REGIsfERED CHA￿ NUMBEK. 298597 REPORT OF ThE TRusf£ES AND UNAUDITED FINANCIAL STATEMEr(rs FOR THE YEAR ENDED 31 0￿MBER 2023 FOR THE SIR GEOFFREY TODD TRUST Lew￿ Brownlee IChiclLe*r) ￿rnited Grange House GTrnge Road Midhurst West Sussex GU29 9 Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREYTOI)D TRusr CONTENTS OF THE FINANCIAL STATEME1￿$ FOR THE YEAR ENDED 31 DECEMBER 2023 Page I to 4 Independert Examiner'$ Statement of Financial Activities Balance Sheet Notes to the ￿nanCIal Statements 8 to 12 D&ailed St*ement of Fimncial Activitles 13 Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREY TODD TRUST REPORT OF TheTRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees pr&nt their rewt with the financial statemerlts of the tharity for the year ended 31 D￿71￿ 2023.ThÈ Tnjstees have adopted the provi5vJns of Accounting 3nd Repcrftlng by Chanb"es'. StatemÈnt of Rectsmrn￿dÈ￿ Practice applicable to thar￿e5 prepar5ng their accounts in acc0ndan￿ wth the Finanoal Rewrting siandard appltable In the UK and Rwblic of Ireland {FKS 1021 (effective l January 20191. OBJEcrniES AND AcnvrtlES Objectives and aims The Trust was founded in memory of the late Sir G&ffrey Todd, Medical Suw1n￿dent of King Edward Vl1 H￿tI, Mldhurst from 1935 to 1970. Its purpose Is to provide finarrial SUp￿rt to ap￿￿ants INing in Nidhur￿ and the surrounding area, who require medScal treatment or equipTh￿￿t for mediol COnd￿ons, whkh may not te easlly through the NHS or Soial kn￿e5, and whKh otherwise may not be r￿lty affordable. The frusiees continue to i* well aware of the continuing problern of rnentsl heath difficulties, of vawng severfty, ex￿.￿￿ by a significant numbu of Sthoolchlldr￿ natlonally and in this area. We have continuej to act pOstiVe￿ to FoIK&ions for grants from local sthLX)Is for profesgonal help that may not othawi5e be affordable. In colkib¢rdtion ￿1th the Wiliam Heathw Wll Trux and with the help of a generous grant from The Friends of mIdh￿[st Communty Hosplt*, the Trustees have contentrat&l on pardcular ne￿1. h0[RfvI￿ for Ihe Lasting IRnefft of nHny youngsters in our communty. Publlc benefft The TNstEe5 have paid due reganl to gUlthn￿ by the Charlty COMMIS￿On on public benefit and decpje ¥vhat activities the Trust st￿u￿j undertake as a r￿lL ACHIEVEMENT AND PERFORMANCE Charltable artivitiès Along with the William Heather Wlll TrusL the Trust has continu8J to gJFVOrt the vtsl work of two of the counsellors currenity ernpl¢>yal at our excdknt local S￿ndary school, Midhur# Rother Co$￿. The counselk)rs are helping a 59nificant pro￿On of the students every year, and we knw that thè Trusts contlnulng fina￿al assistance is grea￿y appredated. The Tnjstees have continued in their efforts to provide sgnifojnt grants to several Primary SchcKJls In the Rother Valley group of schoo6s. We have cOn￿nU8￿ our longthnding sUPWrt through fimding of thè h￿)htY valutsj family SJP￿rt worker at Fernhurst and Camelsdale Primary khwls, and have also provided funding for a play therapist at Fernhurst nanaal sukyort was akn provided for WIf￿Onal play therdpi5ts at the Primary Scho)Is of and St James, Cokjwaltham. Play therapy, we have l&rned, can be inwdluatAe in heltyng to alleviate the nEntsl hea￿h difficulties of particularty young thifvjren, whose [￿0b￿nS may have teen direthy or indirecuy aff￿d Lry the Covld pandÈm*. Grants h￿1 also been prOrn￿￿ to Amber*, H)Ilymmbe and Midhur* Primary Schc()Is but these were evenbjaI￿ not tsken up. been f￿nded by trust￿ Dr Andrew Hopknrk, and *Ath ongoing suptx)rt of the TrusL the Mldhur* Shopping Setmce continue5 to thrive. W provkling an o￿t￿t for socialisats¢)n, r( pjays an aC￿ve ro￿ in impJroving the mental health of d(kr1y reshlents who may sufv from the effetts of ￿￿a￿On and knnelirEss. It continues to be run wlth great effioency by Dr Hop￿ri ab￿ assist& ty felbw Iwsree Mrs Santha Evans. and suN)ort•J ty a willing group of hdkErs and drivers. Page I Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREY TODD TRusr REPORT OF THETRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 Hnanclal posltion The kvel of Investment inthme has increased from £8,939 to £9.733. A £25,000 donadcn ￿￿s also r￿￿1 from Yhe Friènds of Midhurst Communty Hospital" Expenditure h45 r&￿ed from £S3,382 to £9,378. is explalned by the grants pald out only totalling £3,850, a signlficant raluction from the £48,560 p3id out in the prevlous year. At the year end the TNst crmtinues to tse In a strorrtJ financial wjsitron, IK)kling baLince sheet reserves of £344,062 { £306,515 -2022). The Tw5t continues to ￿jOY a healthy financial s*uatToTr while aiternpting to Tespond po￿Vety w¢creasing requests for funding¢ Particularly from our local xhools. We remain sètisfh4J that the assets of the Tn* are being usèj effiaently to aCh￿e Its airns, regU￿r rewew of income from our Investm￿ with Inve*c a￿1 BNY Melbn. Should any donatrons te re£ewl under Gift Aid or t*trJs ¢f Cova)an¢ recoverab￿ Income tsx woukl be recognlsa 63ch cKcasp)n. Resenw PDIECY It is the roh'cy of the Trust that unrethrted funds whid) have not been designa￿ for a specrfic shouhl te maintained at a equThotent to 18 months expeThJlbJre. This level of reserve5 has b*n Maintain￿ th￿v9hOut the FUTURE PiANS We remain cOnf￿ent that Ictal m&lcal and paramedlcal perxfftnel are awaTÈ of the TNSVS eX￿￿ll(e, eswally with the conty"nuing crisis in thÈ NHS, wth unatceptably k)ng waiting I￿ts for sUr￿ry and medical treatments. While we reallse that gronts towards private treatment can help an indNKlual enornioU￿Y* we èr8 careful to en9Jre that there we importsnt extrmuaty.ng orcumstances tehind >Kh applicatitns. &milady, with the continulng mental heatth crisis arnr￿g sthoolchildren, induding the very youngest pupils, we we rtain that the Head5 of all our I￿al prfmary xhoo15 are aware that we could help Mth financial assistan￿, wth the oviEo that the trustees &Jree that an indtvidual aFvllcatt)n Is airned towards'the Tel￿f of sckness,. Acknowledgements Speoal thanks to Mrs J. Moncreff for her almost thenty years of Unstsn￿ng hard work as s&retsry for the ThJX fr41owiThJ her move away from this area. She will be Sore￿ mis*d. And thanks atso to Dr M. groughton, who has ¢*cidd to retire from the Trust due to his rnany other commitments. These have prevented him from attending as many meebn9S a5 he would have liked. HIS wise words of opinion and advlce wfill 3150 be missfA. Anally, I would Ilke to thank all the Twst*s fty their har¢1 work and enthuskayn during thb year,. with thntinuing signs of Cri￿5 in the NHS and In the mental heath of our sd)otslchildren, work of thè Tru¥ reflecting the generous writ of Slr GatyTodd, has revw W rrnre irnrKJrtant. snIu￿URE, GOVERNANCE AND MANAGEMEr Govern5ng document The Trust ￿ds esiatAished by a thar*able deed on 14 JBnuary 1988-as on 6 June 2005. Page 2 Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR (*OFFREY TODD TRusr REPORT OF THE TRiisfEES FOR THE YEAR ENDED 31 DECEMBER 2023 srRucfuRE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of nev¥ ttusteas Eath Trust& s awointsj for hislher ge￿ra1 eX￿erien￿ and skills, with no SFecffK training or induction fdt to te nece55ary. New Twu5tees are provided wth a 'welcome and direrted to the Chatity ComrnissKJn web4te and sFecificalty to the Introyuctory guide The eswtial TrustÈ&'. what you neÈd to know. what you ne&4 to &)'ICC31. After discu￿L￿ of this subje¢ a 'divi5ion of laboud was thCKI￿, the mpin feature5 were".- Mr J. Culley and Mts A. Jones, both new TN5t￿ both with ev1￿￿e of teachin9 in Prirnary Schwts, agre& to become Ikison officers, in frequent contsct with Heats and senior staff ￿￿￿terS of local Primary Sthc¥)Is and of Midhurst Rother College. Their vl4ts to sdiooLs are prwng I[￿￿1￿0l* our rdatronthips with the sthools, and our efforts to hejp wtih indiwdual wpils, menrdl health dlfficulu"es. Mrs S. Evans woukl Con￿nUe to wist Dr A. Hopknrk wth the Shopping Se￿￿e, erganssing duty rotss for thè helws and drNets. R. Rthardson has to take ¢)ver the rok of *retary from Mrs J. MoncreTrY, and another new Trustee, Mrs N Pangesh has agreed to a55￿t Mr5 Richardsjn in finantial matLvs, and to &t as treasurer for the Trust￿. Oryanlsatlonal structure As in previous years, the Trustee5 conunue to aim to rneet at least three times a yeari primari￿ to discuss ap￿[CatiOr for grants from i(tal ￿￿(￿)1$ on behalf of Ioc21 resldents, and from fcKal medthl perS￿ne1 for their patients, ie hxal res￿ents. When fe￿ to tE appropriate, the of each Indlvthal grant ha5 been deod8Y after review of the fvnds aVal￿ble, and con&deratlon of the apklicanvs reque* and needs. GDPR and poli￿ slatements Ag ITh preVI￿S years, the Trustees contr.nue to ensure confKkntiJity for all appI￿ants by following General Data Protection Regulathjns. Ml IndNKluals fina￿al support are ad￿$&j that a copy of the TnJsVs Pri￿c￿ Policy is aVaiL7b￿ on request. The policies of Confltt of Interest, RFs* and Invth)ent are as ugjal held by the Trust and subj.ect to regular reviert, a5 a¥e the polldes of Risk a5 applith4 to the Shopklng SeNKe. Risk manageTJJent Having a￿essed the rfsks to whKh the charity nwy be expovd, the Trust*s are that systeffs are In Pla￿ to mttigate expKJsure to ￿ch ri*s. REFERENCE AND ADMINIsfRATniE DETAILS Registered Charity number 298597 Principal address R ￿chardson The Chase Chthester Midhursi West Sus GU29 Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREYTODD TRusr REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 DT A Hopknrk Mrs J MonoEiff (reSign￿j 2V4120231 Dr M Broughtm {wgned 211612023) G Evans (r&gned 21512024) Dr H HorrE Mrs S @Rns Mts R Richardsc Ms M A Jones laF4X)inted 211412023) J R Culley (appointed 2V412023) Dr N P3ngesh (apFK)int*l 211412023) Independent Examiner Melanle Welth FCCA ACA Lewis Brownke (Chlchestw) Um Grange Hou Grange Road Midhur West Sussex GU29 9LS Bankers Barclays Bank Ftc North Street Nidhurst W&8t Sussex ¢>J29 9DL Investec Weath & Inv&thent Ltd 30 Gresham Street London EC2V 7QN Delegated mana9ement MTS R RKhardson Approved by order of the board of trustees on ........ .................. . ￿t￿nd Igned on its behalf by.. Page 4 Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 INDEPENDEKf EXAMINER'S REPORT TO TRusfEES OF THE SIR GEOFFREY TODD TRUST Independent examiner's report to the trustees of The Sr Geoffrey Todd Trust I rep)rt to the charity tnJst*s on my eyAmlnatyon of the Kcounts of The Sir Go)ffrey Tc¥Jd Trust {the TNstl for the year ended 31 0￿mber 2023. Res￿nSIbilItIeS aNI basis of rèport As the charty truSt￿S of the Tru* you are resp)nsitde for the ￿t￿ratK)n of the accounts in acconIan￿ with the requirements of the Charitie5 Act 20LI (the ACVI. I rewrt in ￿$p￿t of my examination of the Trusts accounts out under S￿lI)n 145 of the Act and in carrying CAJt My e%aminats"on I have folkjwed all aptlicable Directions gNen by the thaiity CommissM)n under Settion 14515)Ib) of the Independent examiner's 51atsment I have completed rny examtnation. I confimi that m mJttsitil mattrfs have come to my attention in connthn with the examination gNing me cause to tdiÈrye that in any nwtgkl res￿. accounting re￿rdS wtre not kept in respett of theTrust as requirgj by Secth)n 130 of the A£t; or the acc(yJnts do not accord with those records" or the accounts do nrt comply with the applkabie r8Juirements con￿rn￿￿ the fom and content of accounts *t out ￿n the Charitses (Accounts and Rep￿ts) Regulati(m5 20Ce other than any requSrement that the accourts gwe true and fair v￿W wh￿h Is Dot a matrtr conswjewej as part cl an indew(lent exarnination. l have no coJ*erns and have come across Thj otsr connection wth the examination to whKh attention thould te drawn in this ￿￿#￿t in orderto enable a proper underAanding of the accounts to be reached. 81gn•d by.. 36SB6L*018B2445 Mdank FCCA ACA Lew￿ Brownlee (Chitiester) LIM￿& Grange Hou Grange Road MidhU￿t West Sussex GU29 9LS 24 october 2024 | 10:13 BST Page 5 Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREYTODD TRusr srATEMEKf OF FINANCTAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 VnrestTirted nd Total funds Z02Z Note$ INCOME AND ENDOWMENTS FROM E¥>nations and legacles 25,102 Investment Ir￿ne 9,733 8,939 Total 34,835 8,939 EXPENDITURE ON RaLslng funds 1,956 1,991 Charitable acttvitsès Grants payab 48,560 (Xher 3,572 2031 Totsl 9,378 53?82 Net galnsll1ossesl on inYe5trnents 762 (910) NEf INCOMEI(EXPENDITURE) Othèr rèei>ynised gains/(losses) Gainsl(losses) on revalUat￿n cl tlxeil a5 26,219 (45,353) 11,328 (23,503) Net movemtnt in fund$ 37,547 (68,856) RECONCILIATION OF FUNDS Total funds brought forward 306￿15 375,371 TOTAL FUNDS CARRIED FORWARD 344,062 306,515 The notes forrn part of these finanaal siateMts Page 6 Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR EOFFREY TODD TRU 31 DECEMBER 2023 2023 Unr¢strlciEd fund Totsl funds 2022 FIXED ASSErs Investments 309,287 299,967 CURRENT ASSETS L593 33,182 524 6,024 Cash at b4nk and in hand 34,775 NET CURRENT ASSETS 34,775 344￿62 306,515 NEf ASSErs 344￿62 306,51S FUNDS Unrestrictej funds 344J)62 306,515 TOTAL FU14DS 344,062 306,515 The financial State￿ftts were approved by the ￿r￿ ￿ Trust*s and authtiri•4 for igsue were sgned on ts ￿akI iy: rustee R ￿Chard9)n- Trustee The not&s fomTr part of these finanaal statements Page 7 Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIRGEOFFREY TODD Tftusr NOTES TO THE FINANCIAL sfATEMEltrs FQR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES Basis of prepwin9 the ffnancial si*ana)ts The finanaal State￿nts of the charity, whKh 15 a public benefit entity under FRS 101 have been yepared in acCO￿ance with the Charities SORP IFRS 1021 'Accounting and Re￿rting by Cha￿t￿5. statern￿t of Recommended PraLlice applicable to charitie5 preparng their accounts in 2tcordance with the Flnan(ial RepJt"ng St￿dard applicable in the UK and Republic of Ireland (FRS 102) (effecbve l January 20191,, Ffjnanoal Re￿ting StJkdard 102 The Finanoal Reporting Standard applKable in the UK and of trehnd. aThl the a)arths Act 2011. The financial statements have tren prepared on a going £w￿rn ba￿$ und* the hlstorKal cost conventw)n w￿h the exceptk)n of Ènvestments whKh are indudoj at mar1rt value. The preS￿￿tic￿al cuThency of the ￿anUal statements is in PouThJ st￿Ing {£) whith is rounded to the nearest w)und (£). Going ￿nCern At the Imne of aptwvin9 the accounts, the tsusw have a ￿sOnable expthtion that the Trust hJs wlequate resources to continue in owatsonal existence for the foreseeable futhre. Thus the ￿$te&s ￿n￿nue to adopt the going concem ba%s of accounting Tn preparing the finanLial statements. Incomlng resources All income and enth)wrnents are accounted for wlthout da4uction for any costs of r￿NabIlIty. are reco9ni Wh￿ there Is evi*nce (A entiUemen¥ recelpt is PTol*ble, and the amount (an bÈ meaSU￿d rdiabty. Voluntary Income Donations are ￿n￿ed Wh￿ recelv6J. Income tax reCOvera￿e on Gfft Aid donations is rttognised when the In¢xitne ts recognised. Grants and kgaoes are reccqnis41 when the fomial offer in wribng of the funth"n9 15 ￿ewed. Income from Charltsble Activi￿e$ IncC￿e 15 rwognised when the rwney is r￿eNed. Inc¢me from Investm•ts DivKlen(ts are accounted for when due and payab￿. Interest &rtidements are accouDtsI ft)r ès tly acc￿￿. Tax I￿ratAe on such income ￿ reCogn￿e￿ in the same accounttng year. All other income All other W￿0Me is recognised in the Femd to whth ￿ tElatas. Income r￿e￿I in is deferred to the peTricd to which rt rdate5. Gains and losses on Investments Real￿ed gains are recogni*d when the Investments are sold. Unreallsed gains and losses are ￿Unted for on revaluation on 31 D￿ernter. Rescxj￿s expend8J we ac£ounted for on an accruals Ixsis and are accounted for grr&ss. The management aL*J activ￿ of the charity are carried out by Voluntee￿ ino)me and cost Is not indudwj in the ffnanaal Statements a5 this vtsluntsry contribubon t¢ the work of the tharity 15 incalculable. Grants Grants and donatlons are accountaj fur Wh￿ paFd over, or Wh￿ awarded where the award create5 a bindlng oblyation M the charty. Taxatio The charty is exanptfrom tsx on Its dwritable acbwtSes. Fund accountin9 unre5tritt￿ funds can be us&Y in acccYdan￿ the tharli&Jle Obj￿￿veS ètthe dfjscretion of the trustees. Page 8 ¢on¥nuaJ... Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIRGEOFFREY TODD TRUST NOTES TO THE FINANCIAL sfATEMENTS. cortlrn￿l FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNIING POLICIES- continued Fund aCC￿ntIng Restricted funts can onty be used for pa￿¢v￿r restricted purposes wf(hin the obieL15 of thè Charbty. Restr[rt￿nS arlse when Spea1￿ by the donor or ￿ert funds are ￿Sed frjr paitubr purposes. Financial instrnments tnvesthents are a fonn of bax financkal instrument and ère inibally recognised at their transactk)n value and subseouendy measured at their fair value as at the balance sheet date us&ng the ckjsing quoted market prte. PJI gains and Iow5 are tsken to the Statement of ￿nan{￿al A¢Wthes as they atlse. Reallsed gains and tosses on inv*nents are calcuL4ted as thè difference tsets¥e￿ sales proceeds and their openlng carrying wJlue. Unrealised galns and bsses are calcuw as the drferen￿ ttheen the fdir value at the year-end and thar carrylng Va￿e. INVESTMEpif INCOME 2023 2022 Incor￿ from Iltsj Investments 9,733 8,939 RAISING FUNDS InVest￿Trt managem•rt Costs 2023 2022 PortfolK) rllanayement 1,956 1,991 QTHER 2023 2022 Supkvrt costs 3,572 2,831 Suptvrt costs £2,633 indudes the Inder￿nd￿t Examination fee of £1.740 12022- £1,965 indudes a fee of £1,￿2). TRiisfEES' REMUNERATION AND BENEFrrs There were no tnj5t￿, remunerat¢on or other benefits for the year end￿1 31 Decernter 2023 ￿ for the year ended 31 Lknmber 2022. Trustses. expènse9 Parki￿ and fud ewses in thÈ sum of £939 (£8E6-2022) were rewnixjrsefj tr) the 6 volunteer drivers in réspett of maintslning the community shopping stheme movirwJ fornard. Page 9 c0ntynU￿l... Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREYTODD TRLIST NOTES TO THE FIN*J4CIAL sfATEMENTS. continuèd FOR THE YEAR ENDED 31 DECEMBER 2023 FIXED ASSEf INVESTMENTS Listed MARKEf VALUE At l janu￿ 2023 Additions t15p￿lS R￿lUat￿¥n5 299,967 24,216 (26,224) IL328 At 31 f￿rnber 2023 309,287 BOOK VALUE At31 D￿rnber 20 309,287 At 31 Cecemter 2022 299,967 There were no investmwst a55ets outsde the UL If list&1 inv£qbnents had not been revalued they wuukl have been included at their historical Cost of £243,239. DEBTORS: AMOUNTS FALUNG DUE WMIIN ONE YEAR 2023 2022 Other debtors 1,593 524 MOVEMEKf IN FUNDS At 31112123 At 111123 in funds Unrestrt