REGISTERED CHARfiY NUMBER.. J2J358
REPORT OF THE TRUSTEE8 AND
FHANC￿L 8TATEMEiif8 FOR ThE YEAR ENDED 31 DECEIABER 2023
FOR
IHE JEAN 8AIN88URY ANIAIALWELFARETrU8T

Th2 JEAN 8AINSBURY A141¥ALWELFARE TRLWT
COIITEln OF ThE RNANCIAL 8TATEMEi¥f8
FOR THE YEAR ENDED 31 DECEMBER 2023
ItoS
8tr)8
ststwr*ntof Flnand81 Aekn
10
StatthThnl of￿h f
11
121021

THEJEAN 8A1118BURY ANIIIAL WELFARE TRusr
REPORT OF THE TRL18TEES
FOR THE YEAR ENDED 31 DECEMBER2O23
REFERENCEAND ADMIIIISIRAIIVE INFORMATION
M F Akn MRGVS
J L lTrJlJ
J A KoDh¢r
M Orthard
VMPLko
J B Sh8rp
M D MRCV8
J•an Baryl Lll•n
Athnlnkntr*tor
l>•puty Admlfttstr*tor
Tra¢y
Pthlp•l •ddm•
PO Box 469
W14 8PJ
Audltor•
Az•ts S•rd¢*•
Fk
Reg1$
45 KlTrJ Slmt
EC4R9AN
8ollcltw•
Stapl￿¥ Scwi LLP
Curzon
8oulhernhty W¢
Exoler
D•vgn
EX11RS
CAF e&nk Ltd
25 lQrys H• Av•rAM
11
West Mallln
AE194JQ
Im*trn•nt M8n•g•rn
RJtlthone8 Brolhorn PLC
LrxKlon ec2M 7AZ
118 Prfnc•dth Ro•d
LOr￿n W114NH
P•go I

THE JEAN 6AIN88URY ANIMAL WWARe TrU8T
REPORT OF ThE TRU87EEJ
FOR THE YEAR EMDED )• DEc￿8£R 2023
Th• Tfu•ts•s olTho J88n 881n6tW ArtmalW8lfBre TTU8t Dhe Charivor TftoYI J)TWi rnFrf th•
Ibj s1Atsffl￿ tr Ihg y8ar eNled 31 De¢wnbw 2023. The 8t8t8ments h9ve been
pr#par&Y In YAth the occamong sel out In noi& 1 10 th? acc()￿ ond ¢omrty Yrtth thD
Che¢W• trust dwj. the Cn4rflle8 kt 2011 ActthlW￿ R6p(YJng by Charitkn8: Stator￿1 of
Stand8rd èFkn UKand Repu￿¢ of lrnfarnj.
Th• ¢￿vIty b uj￿fulfjd urthr a truat d￿d dat•d 19 1)¢lr*•r 1982 o rtyknl•￿￿ dwrty wlth mmbor
an opWrth¢nt by tha bonefJaty datertl 310o¢*nbar 1993. •ft¥ d￿kn d tho bor•tsGtr e(PA of
tho ofth• orfglnal Tnffjt Furxl gFObJ In •ny Y￿ bp vsed r* 8pF4kqd *lthth Unl¢ed Kffigthxn w)d
rkJnaVon8. of Gf Shal ￿ Omlted to ehwfa•J wthteh Tha
Trv4to8$ ho¥e agro811 ttwt thg 8omo f•Strl*Jn8 ts) lofvrtsr
Tho TFUJte•s arn Or￿tled t> appoknl new Tiv￿￿ tho set•thi ¢1 Tiust¢es ¥￿1 hAv• roqwd kn tho
skYl4 kntyA8dgo wjd eyrtence n8eded for 8dM1nAtratl￿ of TnoL Thorn 19 e WC#X58 af
t)eputy Admlnl8tsator- Trjey BO
kry m•rwW￿1 pmY*l of the Chbrty •r• tt* TnJsts68 ￿ rOC￿tr nc+ remunarntlon. Al MW grants
and dcnoljtyts 8r• Il Trths mwdngi. Iniarlm Orn autr￿158d by tho KlonBghg TnJIl￿
thè Adrnthtra￿.
Th• Tnntse• rewlar me￿lYJ5 kn Mweh. Augu81 Ind N¢￿￿nbel. Spgcw Mo￿r￿ In
MAY kn dodole 40" Ann￿ry Award Wtnnw8 aTrJ In to i*8tsJs8 promovng thg o01f•v￿ of th• TN•¢
?￿[dOr￿ on b8n•fft ￿en r•vt87h*vJ th• Tnth alms ond ctr4ocbw In plonthg #ckn 8rwJ
tuna Ihg orBrt makkn9 pc4ty ye¢r.
io bon8fl1 ¢x wotOGt Of4mals
lo 8thrhvJ
th8 Charity$ wgbsite.
P4g8 2

TNE JEAN SAINSBURY ANIMALV•ELFARE TRusr
REPORT OF THE TRUSTEES
FOR THEYEAR ENDED 31 DECEMBER 2023
Sknco trwiuon the TTr￿ donot•d mom In•N È1*nth) to fr￿ndred¥ ol UK antmttT ￿ dwrftle#
lryd thrw tho UK aThJ ov8rBOaS. from tha Iw8t ar• t) dwrfdey vhwp tho rn81n akn rl
tho d￿d￿8816 to rel￿bIl￿at• An(1 thjmo or rnle8s• dom9$￿ and ￿10 INM9￿ TNB alao bonelts a
Ygat many anlmgl lJhx• vhhts ¢8r• gtp)Ut prot0th￿ Or￿ wthrybèlng ol #nlrrnls and
2023, to (deèrata th• fru•f• 40th knfvernary, oddlOon818W4rds glv•n to ftythrne tharflu.
wgrg •aEocled th8 bas1• h8d t••n prtrk>J* 8UFWtod by the Tmst {In 8oma ctys•• nwny
5 8nd htyv11 h98 helrd them. These gre a ntr*.TèStirTK￿I8IJ. th• Tru8fs
awords, up to £25,C*)J 7Nty chatlU6¥ rOSFthdod and 8s r8dKlonts In May 2023,
•0(* rnc•th)9 £25,LKJJ. TILryt￿ vlslbj Ilw durSng lotg summer and autumn 2ffd3 to
¥vaY8146 to ￿ on th• Trusf$ wébglo.
Durbbg IM yeer11 de£kJod ￿ chary Ihoway kn whk* tho th•Ws offlc• In London Is oymad. It no kngéf
bo hikj th• TnMf8 bthall by • th1￿ pty ovornw noffdnè* vyry>•rty. Ixrt In¥t•ad ty o nth¥ En￿￿h u>rnpwy
Vmbd by gu¥rnnl•e J8Awf ￿0*Ll￿. wlh ol th? TN$1￿0 •• Dt(Klx•.
R4lu*lng ￿ frvm awRrds ghon dUr￿vd 2022 In toeprw to CfKdkt th Ukrnkne oThJ fioc*J• h)
P8klsl8rn Tnst088 hav• ogr8&J a F￿￿n9 Pd*rf.
In tatsl
£613.￿) of dC￿et￿¥th ￿r• £394.0ry) kn dwrfgos wothq In th• UK •vKI £119.SW ￿ UK
£412.¢XQ of ￿rdI ww• mado hi r•¢4grdkn TnMf8 40* kn1¥grn•rf. e288,(th al thlj
to dwrMo• In th• UK wl £124,c￿ to im rth•rfd8J ov•rn•
RVC B¢Jumonl S8bMbsthy HosF41al, ronom￿ of J••n S•tr•tsry. w f•c4fr+•d wprkyt
Fln•n¢W R•vl
Tho Tnrnt8è9 reF¢rt a not tn Iho Y￿r￿ Q138.151 {2022 decm9a ot£6,759,860) É8 sh¢M
th& strt￿￿t of FFn8ncthl Activll￿ on pap 9. tn Iwd bAlan￿ Indu(kn• r¥allsad and
unrg811sod 9th8 on InNPalThnts arKI •uots rnc4lwd In th• y*ar totslUrYJ £2,9312ts4 12022: ILXW ol
£6.544,425).
Graft￿ ol £W25.SCO 12022". E605.1n) ¥w• patd •xcbJ•W lo •nkn¥l V+th InvothMt Ir￿￿
ad by th8 Trust to £427238 {2022'. £598.197).

THE JEAN 8AtN8aURY ANIAIAL WELFARE TRUST
REPORTOF THE TrV8TEE8
Ff)R THE YEAR ENDED 31 DECEMBER 2VI3
Invo•￿ p)Iley and p•rfMft•rbo•
on th8 thaty$ pwr b) en stralbgy 18 88t ty TFuskns ar￿ wa8 IrrWiwrted d￿1r￿J tho
yoarby tho knvestmnl Manaws as Ickn.
Th• TnKryl t*$ an •xdu8l¢M ￿¢Y wthld) rw4uJr•8 fuTrJ manw ncrt to tnv68t dwty In Grmpard•B
whlth c4rry kmrt t*¥tt￿ on anlmais fijr Tho I￿$1• thet En￿On￿l 8octhl '
Rl•* m•naown•nt
Tho Trt*teg8 wufarly m¥or th• Chaity ffa￿ ￿¢) L*Xm that •yJtemJ b
C4WIty reigtys lo Ito IrNo8trn•nl pothk M *tic* ts TN6t relleB Tha poth￿ Is
R•q•N•• Poll
At 31 Osc•rt*r2(r23 th• TMI hod vrw6stthl•d r••orffi d£28.543.87212Q2.' £28,407.721) •r¥J n * tho P￿ty
ol th8 TrLvtse8 b r¢ts5n W8 bul. on8 ymr Tth aTrthr to u88 th• Inrtsm8 thef&fnxn In wrnuanco of th
tho CW. Tho Tr￿t￿ Intsnd to •pond Cr¢omm￿ Ihemselv¢J b) th• 1rNeOtrn￿ Inc4m• of
th• Trusl *lthln • reastyth It• rncdpL The Tntsf4 uptt8F kn Ii)vMtsd In 4 4frldolythwvln•d
In¥o8trr￿t MarwJ' w• Q￿U¢l¥d at bjl INsto8# a*1 50% 01th0 108th to c•
thgr•by Sncreathg tho of1￿1>n8 9rwts.
Tho TwJV• •kn¥ 2024 aTr to ctM)ttnuo fr) mBk• grnnts kn rxmqrw a¢118 dwllabkn obJo¢t8 Cfffj1lm￿

THE JEAM 8AIN8BURY ANIMALIWARE TRUST
REPORT OF THE TRUSYEES
FI)R7HEYEAR ENDED 31 DECEM8ER2023
STAT£IAENfoF TRU8TEE3 RE8PONSI8ILmE8
Tho TAtheJ orn rospNMlbkn for r*DpathJ R•wl 01 tho Tnffjto•J' 8nd tho I[￿n￿￿1 81ai•m￿
Actswnurq P￿￿01.
Th• 18w OF￿￿1• to In Ewtand •rnl W•l•4 Chwtha AL* 2011. Ch*lty and R•[￿￿>
RWlkn$ 2008 8rMI tho trwt do￿ r•qutr•• tho TnJst••• to w•par• Isnand￿ $￿t￿￿￿1 for
•oth hiend•l 9h* o truo f8lr th ol it•lo ol affalr• ￿ tho (*Mrlty and of ItKomlng
ourw5 and #P￿¢9t￿n ol re8ources. h￿udIng Ihe orld 1xpw￿ltur•. c4 for th#1 In
8el8Ctwitablg 8(*￿nI%￿j and thtsn 8Ffty Ll*m Con￿1t8nty.
arnj In Iho Ch￿lty SORP 2019 (FR81021"
Tho TrLtytees orv k* kebrdng wopor ael￿nI￿n9 *N¢h wlh ac4w •1
•ry ¥m• the fina￿1 FthItIC￿ ol ts cjwdty and tr* •Mbb& the4n lo thot fjnJnchl •tsiwlJ e￿Inpty
tho Chartbm 2011. th• Prov￿ ol the In￿1 dood. Thoy w• th r•wsty• for s•1oouwdlng t
•$8•t• of th• thlrtty for lakhg r•awneble sly for Ihg pr9VorLl¢n *vJ dDfe¢kn of frnud and otp
l.o.l.o.¥12nUfr
Ind *nad on li# bèharity.
ens MRCVS.Tru•
Pego 5

REPORT OF THE INDEPENOENT AUDITOR8 TO THE TRL48TEEa OF
YHE JEAM 8AIN80URY ANIMALWELFARE TRUST
Oplnlo
Wè ha¥9 A￿￿1¢d th• flnarthl 8tat•rnwts o1Thg Je8n SaSnsbury Animal TNst (ts'thw) lor ts yèar
31 D￿ember 2023 v￿ch (mrrfkn th8 SIBt8mart of Fknaol tho Bal8nce She8L the
of Cath FIM and r￿leS to th8 fin#rKYal stsl¢mMis. OUfrffn8ry rf 51wffjwi a(￿￿tI¥l
kSe8. The Ilnaftodl rfjwdng th8t has bgw appli￿ In th•lr F*oparakn li 8rpJlcabh law 8ThJ Unltb
4 true And 18lr of tho staio of chaW• aff•lrn A8 4131 CJ*aT*or 2021 k•
8otsrr•B ofrowJ¥c••. lor th• yoar •￿)•d.
h•w b••n prwI￿ th •CAtrd•rt• r•quIr*￿ts of￿ ChwWo1 Act 2011.
Il• foroplnl¢rt
lthv. OJf r08tNMMUos u￿rtr￿￿• 8tsnd8rdg 8fB fvrthw d98calbBd knltorfs for th• a
of ffnan*l swwneot8 88(*on of our FOF*JL W? arb oltha chartty In ￿e￿dance othFcal
1wffwr￿[8 that rkn8Tht b our 8udit ol I￿ fi￿1 th• UK, iho FRC'•
Condu•lgn• r•lthg to i•lnq ¢on¢•m
In lh• flnwthl $knltm•nt•, condud•d thol the of th• GrX%￿
•cx¥>Jnlr4 In th• wepafflkn ofth• flnand81 opprwats.
VwL Ind1¥￿￿￿1￿ orc¢lloth•ty, may c8518lgnlltsnl dIx￿t ￿ tho ¢fv9Ws a￿T￿y 1¢ C￿tinUe a wl
¢IXK4m kya pots)d olat knl ft￿nths from￿ert Inurthl 8IAtsrrnnt8 ￿ auth¢•wl for14su
relèv4nl tocUth8 olthh
JTrJ Ouf OtkYltorf8 r•m Tho Tft01009 arn rI¥￿ItIo for I￿ (thor Inknnakn ()*taIr￿ wllhh
Annupl rOFKxL ()Jr cpknkn Thi tho finandal $￿t￿Monts ¢kn8 th• ¢thr FAfonMtknn ond wo do not
6xprn¥J eny fcmi ot 898UTaW thwwn. (XK ro¥pcYt#itAtity IJ tr> r84d tha othol Inknnallw •nd, tfi
d￿n9 so, ¢on•kJ•r knthor ts ¢)ther 1$ m8terfalty the kngn&al •tatsm**s or car
knf￿￿g* obl81n￿ In lh8 car•• offh• •udl¢ or ¢Ih￿* to bo mWAtod. Wwe hjantify
mèiert61 Inc*)nal•tondo• ¢Y oFgar*Kma10rt81 mts•latsTh*nts. ￿ •r• rfjqutrvd ts) detwmln• whgther IMS rf8•
ID a metoJlal In tr*e dnanclaf Itst•m￿lI tWv•g. 11. trtsod on thg havo perknnod, v
rMKlud9 that thwe Is o matorlal mwatoment ofhor1rrform81b￿ requtre(I to rnport th&t fac£
We rrtthr4 to r•p)rt Ftyjrf.

REPORT OFTHE INDEPENDENT AUDITORS TO ThE TRUSTEE8 OF
THE JEAN 3AINSBURYfvJIIIAAL VIELFARE TRUST
W• have nothsno to (4)￿t In resp•L* of tha lollthllng matten In wftti th• Charf1kn5 {k¢￿IDL% and
ReF*xtsI ReWAaUr￿Y 2￿6 us b) yw It. In thJropknioiL
krformati(m In the trandal stst•menls 18 wry malerfal tAth th• TftMtoe8'
rw( or
tho fnandgl Otstem￿ty org not th• oct4x#tho Mconh; Of
R•iport•lbllftl•• olTnMI•
AS oxpf8ln8d fijlty kn Iho Twste￿, r•srAMt￿Ith9Y 81818moft1 tsleArtI)n paoo & tho Trn•tw •rw m￿7•1￿1+
for the proparaith)n ol It81gments whkn and lolr t￿, arO for luch btsmal cfthi 41 th•
7rusloe8 detarmln• ts r*4sBJry to •nBblo the prnp3rats￿ vf fina￿81 stslemonts 8rn matorfal
In pYop8rfw the sW*m8nts. th8 Tn41￿ arn rasp1￿rde fN asse311ng tho th•rf￿• ablty 10 LY*nllnuo
OS a gDTTrg c*nceM. dbGkw. as*ps41￿. matW5 tEtslerJ ID gw conLxm and ij8lrffj tn• bTrJn9 oypJm b￿1•
of ￿>)￿n￿re th• TnJ8tws ¢lthw ty) O¢wtd)te tho Clthtyto C￿#￿ no rn•l&U
thmatlva tsjt b th) so.
W• havo been •ppd1￿ •8 wdlior mljr •KIkn 144 01 th• ChortJ•s 2011 Iwl kn attO￿ar￿¢
A lurthwdg8rAWcn of+)vr rg8pongtbltU•s18 0voll•b￿ on th• FIF￿￿1 Rep)thvJ Ctymdfh web8P• al,. WJI
ww.frc.org.ukJaudRornr0¥￿￿lltre￿. 71¥9 ¢Je%r5￿0￿ fom* partoft%w ￿ltO￿A rop)
ex¢•ntto whl¢h th• iudrtW4• con•ld•md ￿￿bI• ofd•l•ctlTrg lry•gul•• Ineludlng fr•ud
IrYegu*ths, kduthng fro￿. tr￿￿$ cl Tr)nwCofflpIan￿ w1th191￿ and W• deS￿n wc(•du
￿th our {B5pm￿￿41Itié8. ¢Ulun￿ at*)V• end crf tho Fknar*&d Reporflng thuncfi t￿bth. kn d8tèc¢
ma￿[191 mb6tatth7￿r48 tn Irr•wt*lU•4 IrKknllng hud.
W• obtth orNI Iipdats I￿01818￿1￿3 of thè wjttty. a¢XMYe8. Its o)nlnA and I￿&Y fvbJr•
ev•knwbwth, trth¥w In rnjalon to tr• Ivgal and r•guf•w frnmvth ap￿1￿8￿• tho ontity
o)xF4lnq *llh th8t Baw ryt INS wwlors1￿sTh1. w• bY¢niify and tha rfskn of mAW81
mlsst8t•m•nt of tho InarL4l sl&te4nenb. vhthor duts to frnud or wor. Judt pr￿jU
fesp¢Thfvg to Ilw rfskA, 8rxl obtstn eudlt Ihth &pproprfo1• to o ba￿$
opthkn. Th[• In¢kndps C￿lIde￿￿On ol Ihtr of xt8 ty th• enuty that Ibyro contrary 10 Im wxl
rtyulolh)n*. fraud.
In &) the fvk of trY•9uI#Ftll•x •nd •nd rWaYon•, 1rd￿rn￿l1•￿J,
Ets4ulry of matwmDnt ltsx• rtharyed ¥vlth go¥vJm•rt• fjrnl hugp1k￿ 8r
d•kn• xlual. ￿pea•j ono ￿090￿ tr8ud:
Assesth9 kno •xt8nl of complaft￿ Yitth Ihè Im and wlatknrA r4￿der1d ftwl•rl81
¢ffec*on tho finRndal slaiemerts orlho opfrrètths tstthe Mtity •r¥4uhy ènd Inwion,.
¢ Appuc￿ and rngulation
Beca￿? of th• Inhwgnl lkn1taU￿ cl thorn rl•k Ih•l VM r￿1 detxt al trrBgukrf15oJ, thdudtr
thc4•19odlnq to 8 matsdal mtsslol￿)tsrt In lh• Ilnanc4#1 ￿t￿Tr•nts c* non<<ffip¥anc• wilh rngulatkn.
hiuws68 the mtsr• tho1 ethWl•n¢• vthh o crf rowtalon 18 rpn*)ved from th? ovoni¥ and ty8nsac#Jts
I In th• finonrjal ststwnents. ag wg wif h Ios? to trA¢4Th •waro ol Insl4n¢ts of noTrcempk8nc•.
Tho dlk rA do￿A0 A m8tsrf81 rn188tatemom MI￿l￿a f¥orn fr4￿j than for rwullf4 from eNor.
Pa￿7

REPORT OP THE INDEPENDEIIT AuoifoR8 TO THE TrU8TeG8 OF
The JEAN 8WN88URY ANIPAAL WEIIARE TRUST
U#• ofèui r•wt
TN8 f6F#yI 18 r1￿• to tho tharfty'8 I￿$t￿$. 8$ a IK*ty. In ac¢•rd•nc• P•rt 4 01 th• ChwMkn8
(Ac￿nI6 Rerrtxb) R8odaU(¥]$ 2CQ8. Chjf b•M undortekon x• tr4t mwt 8tsla tts
To the èxtent by lth. ￿ ¢SJ rnt LY respW to £nyMo )thw than th•
John Hw•￿18•nI￿ Stslutory AudltQfl
Fl*r
Hous8
45 la￿ wf*m Str••t
EC4R 9AN
2 July 2024
t8 AuL¥t olPJbfg for •PPL4ntsnont M audnLYtyth• *blty fty wc4nknènl aa of*
¢4Ywy lo￿an 1212 01 th• Corn[￿￿A￿ 2Xe.

THE JEAN 8￿NsBURy AN¥AALWELFARE TrU8T
STATEMENT OF FIMANCIALAcnvmE8
FOR THE YEAR EMDE031 DECEMBER 2023
Totsl
T•t•l
Funds
2023
F￿￿ts
2022
In¢om•:
375
427.238
Investn*ni Irvj
598.197
428.219
&57.151
194.942
1,020A83
77.6M
Total •xp•ndltyrn
1223,322
872.se6
(knJo8yq•lM on Invgfjtrmnts
2.931.254
(8.S44.425)
2,136.181
(6.759.8fy))
N•t mov•m•nt kn fvnd•
1136,151
{4759.810)
28,407.721
33.fj￿.
13
28A07,n1
JI ollh abovè •r• unmtrkled.
The Ith$ on pryeg 12 1021 p•rt t)lthqqe ac¢cwilL
Pso• 9

THE JEAN 8AIM3BURY ANIMAL WELFARE TRU8T
AT J1 DEGEAIBER 2023
2423
Rx•d A•M
T8rtgtskg
Invoslmarrt•
1.22026T
27.315.36a
1232m7
15.007,058
28,541.635
26,239.12S
Cury•ni •M•ts
0obtr)rn
C4•h at bwk
11
740
705
228.223
6721
228.028
12
(84m)
180232)
168.$96
Tolal cury•rtl￿bU1¥
28.543,8r2
20A07,721
28,54Ji72
21h07,72t
UnwtrlLtsJ lundB
13
28￿3
26Air.721
2w.ni
Btatemonts ty th8 Bo•ffj of on ....... ..... ,
on ts bohaNby:
DS
MRCV8- Chilrot Tnmt
Th• not6* M pagts 12to 21 frJM part rfth050
PwJ• 10

ThE JEAK SAINS8URY AMEIAALWELFARE TRU8T
STATEMENT OF CASH FLOW
AT 31 DECEMBER 20ZJ
2023
15
{1.(KP3.1Tr7)
(283,0771
427.238
12.850.669)
3,2TO.764
598,197
<14,7852eii
14.419,175
N•t cwh prvth ty InTrnlknll *¢lMd
847.343
232.107
Ch•no• In M•h •nd •wfv•l•nt• In Ih•y•frr
Cthsh ¢agh•wtV8lents brWfc#yard
{161.754)
130.970)
223
259.193
The ncts• on p8gM 12 to 21 *)nn pllrtofthw
PagB 11

THE JEAPI 8AIN88URY AMIMALWELFARE TRU8T
NOTE8 TO THE HNA14CIAL 8TATEMEIIT8
FOR THE YEAR ENDED JI DECEMBER 2923
OENERAL IMFQAMATION
Incap￿ wjdfem OF Charity h Qtv￿ th cthaty Infcrni•tlon on p899 J of
ACCOUNTINQ POUCIE8
Tho Mndpsl accwnUrvJ p)Jkkn3 odopT•d, hwmonts kny of ethll¢)n th•
84•1• of •ecountlng
T￿ at£ounts (fln4Ndo1 alat¢ment•) hovo teon prnpar•J undef ￿ hhtiYk41 coat ¢￿V•nItOn wlth It•rn6
r¢¢cwl8ad alcoat or traroth unl8$8 •18bJ In tho nobf81 to thu• aC￿￿nts.
The financla] Étalemènta ha￿ È•on pyeparwj In JCLYrfda￿ T*Mh ts St81orr*ftt Thl
Prncvo.. AoxuD￿lYd and ty C*8tSlJos pr¢p8rfre ttslr 8C4xunts th act￿ whh th•
n￿181 Rwting Stsrbjard eFplcablg In tho UK RqpJNc ol Irèknd (FR3 102) 18 J
2017 Bnd Flnandet RowxUNJ StandBrd In lh• Vthd of traknnd
(FR8 102) and the Chathlwj ha2011.
Tha Jaan S8ift%bury Animal Wewam Tr¥JJt m•&ts the d8fvIb￿ of• wbl¢ bon•fft Mbty urth FRS 10Z
Aso•tr •r*J Nab4tt16s •rn In5Ually rw18￿ ￿ hl8torfr*l tromackn Trnlu• Unl￿ olhoph48•
tsd h) th• MIMnt r¥Xe(sl.
TP• f￿￿￿1￿1 I1•tem￿tI •rn pr•parnd In whhJl18 tho fvThAloro1 IXWVWICY ofth• L*wlty.
•xl6lwx¥ ftr the forgwo8N• lubJr•. 11 has trmftY• wnttnu•d kknJ ¢¥¢Kwn ba8L8 hi
prepadng It• fine￿8[ stslenmts. Th• QKrnni •c¢noffH¢ dlmth wjs tak•n Inlo C￿￿1*11)n
Al Jncortr4 rn8ouw ar4 Ind￿ kn thè Slatsrnenl ol Flrwthl kn1698 (SOFA) Th*Mn tha Chwlty Is
1&3dty th• h￿rn9 aftw ony pwlcKmw C(¥thi￿$ hav• be￿ th• Can bo
Iw botrw mcg￿tr￿. Al U)Fs polnl 18 ro¢ognlMd. On oc¢8*￿ looada• b• to th•
Ch￿ty l• to thè expwj ty b• d81r￿ut0d. On Ihe8•
Intorv¥t on l*J on dopxtt b IrKluW ￿l￿ble •TrJ Ih? amount c4n bo mèawr•d rnllobty
by the Cho11ty', uyjn nolfi¢atlon clthe krterèst pard or payabh by th• bw
d￿k1&¥I duo. Is n0￿MIlY uprffs rthvon ty hiv•*tr￿rt ￿lI￿S0r ol th6 dfvbJeTrJ yldd crf the
Pagg 12

NOTES TO THE FINANCIAL STATEMEiirg
FOR THE YEAR ENDED 31 DECEMBER 2023
(d) Exp•ndlluw•
BtrJregat• ¢￿tI rn13bJ to tha eatègw. 1$ th)gnI￿ vth•ro lJ*r6 58 8 I￿ OT
con81r￿ rtlljollon to Pa￿ p4rtbo8, It l• Pro￿kn Ihal Ihfj Bottl￿￿1 bo
requtrod ar￿ tha anyxwrt oltNg oilwlkn can be mwui&J rèwobty. 11 b e418gorfwJ lh• fcknblnp
obla7ntr￿ fvr¥Jg In thè fuhff*.
¢08ts ol an Irth&# n8luro ￿350ry 1¢ wpJ>yl IhenL
TrusL The grpnts thro wherB dthor th• TN$tse5 havo to pay th• grnnl vrtlhrxrt
f))n¢Mikn ￿￿￿9n1 h# a #Xp￿ thbt they VAI rocth¢ # grBr& ¢ondll
to the grant kn outskJg th• o)ntll>l ultr• Tn•l.
r•ctywot49 VAT IB •K*ndtro h•*JlNd forwl&*11 w4• k￿rr￿.
P•nBIo
Tho Charity OF4fktes a dgfinwl £(￿rI￿J¥C￿ irkn. Conth15m p3y4bl• a
trjihè Statwn&* of Fb￿￿￿1 th8 pthj tD t￿Y r8Lts.
(fj
Fund •eCI￿r￿n￿
191
T•nqlbl• T￿•d u••ts
- 1% 8tr¥lJlrt
Futh1￿ •nd
.20￿￿ rndudng balwK•
(h) Rx•d ••••tlnv••trM
bwesknenls aro * form of b￿￿ finand81 IrtslnM￿l and arn *r￿alty rwnl8trJ •tth811 trawdKn vAIu•
and vJWenty m60wrnd ot falr y￿u8 at al th• t4lart• shoet dato tho dr￿fig quot¢d
hJsga8 on IrN8•knents •rv ¢*lcuWod Bs th• I￿• pr￿48d$ qwlnu m•rk01
Valua (purth8s¢ d•kn Illot•r}. UnwR80d ge1￿ aTrJ rakulJtsd •8 tho dlfferw t
mark•t all￿ y•qf m8rt•t v•hJ• (or wtch•o•
Paog 13

ThE JEAPI SAIN8BURY ANIMALWELFARE TRUST
NOTE8 TO THE FINANCIAL 8TATUIENT8
FOR THE YEAR ENDED 31 DECÉMBER 2023
o)
C••h rt baTrk*nd In hwMI
Cajh 41 tth •nd rAth h for￿ kndydo• c￿h •rvJ thrt t•mi hwy Inv•8trngnts a •lftxl
m&UJdty d thro0 rnon￿ or l•s• from th• dettofagJLdsthn tri¥￿Ing oltr* dfjpo￿ cf •In￿rac￿lU
ik)
wob4tfy rnsthl In tho tr￿thr olfvFth to • thkd wty t￿) ameAth due Io Wle ts oWI(x) bo
me86urnd Of gAtsrrAt•d r•ll*.
o)
chaty ty ha¥ financknl aJ8•t8 ond Iltr￿ ol a klrKI that As ba* In4ndal hi•tnThn
ffn*KW InstrwnwJt9 IntUa￿ Ixrfjr￿ al trwactkn th •Thl sub3eq40nty at
Iml f*x•t
(n)
thtr ftn8tx&I 8tatemonts..
Tha amual ¢h8rgo for asoth b) Cho￿0• In lh• u4•frJ
•corwk dr¥3 m5kj￿1 of tho *8*s. vg•ful &iThJ valw ar9 rn.
TPwo no kty aMumpik)n• fJxKomts4 th& futh kty of urwthbrty 8t
Ay8018 IthIw09 th• ffnand41
come FROM DONATK)NS ANO LEGAC￿3
2D23
Lggadag
375
58,8CO
375
P49 14

ThE JEAII 8AIN8BURY AN11￿ WELFARE Trusr
NOTES TO THE FIX*IICIAL STATEAIEKf8
FOR ThE YEAR ENDED 31 DECEMBER2023
IIIVESTIIENT IhlCOME
2022
427.23
698,197
C08T8 OF RAISING FUND8
202,839
184,942
EXPENomiRE ON CTriARITA8LEACTMTIES
{not• 8.1)
40th AnnI￿ro•ry
Aw*rd• {not• &2)
(not• 7)
Tt*l 2023 Tatsl 2022
513.6
412.(
84.982
1.020882
20& th• toW th t077.643 mid• up of £005,173 01 Grnnl funded •nd £72.470 018urwrt
GRANfo PAYABLE
D•t•
28nlZf2023
28mV2023
2W2023
0110Y2023
01mf20tJ
0110￿023
01m3r2023
0lt03r2023
CalWthTfr Group
Blai*txMn HLKo0 Mmal Sh
Staffl• Smlo¥ Réwx•
PrttrJ08 He(Fgehcq flesu
k11
01+W2023
M8rl8* Anlmal Shelier
15.OLVJ
HwJ$ FO￿￿181
Wiffor Bam TnJsl
B1￿h bMhJllf• R•￿
CetOC8on Rw••rth & Ra$w• Unll
Th• L￿￿51 Fkn• •nd Tnmt
tsjoa tho Streets
14104r2023
14104tt023
14104r2023
Pw15

THE JEAN 8AFNsauRY ANIMALWELFARE TRUST
NOYE8 TOThG PIIIAMCIAL 8TATEMENY8
FOR THE YEAR ENDED J1 DECEMBER 2023
ORAKf8 PAYABLE (¢ontlni
OIKWz3
0￿712023
o￿Tr21)23
0￿7r2tr￿3
UKW5kJ 0tt•rT￿￿¢
3 Rts Hcn• R•owe c￿tr*
0￿7￿02)
OS07r2023
05107r2023
OW7r2023
0510712023
Hfjrl¥y FbJnd8 knlmaf
RSPCA MarAKnekl SE Clwl*• and Buxli
2￿08T￿o23
Tho R￿4>
SAFE. SeiATrJ AhaThkned FWozhvJ Eoulnes
Th• P•1
io,co)
10.C
St Gaes Antmol R6￿*
10.(K
10.(KQ
31110rè)rJ
31110r20fJ
3111W23
311ior2oz3
31111Y2023
311iollorJ
3IIiW2023
31110r2023
3111
31111Y2023
a1110r￿
3111or2023
31110r2023
OWlir20fJ
07112r2
07112r2023
0711W21Y23
071121￿
Ran
North N¢yth C81s Ufelkna Tnmt
Pandkn t)cq• h Nvod
Pqnnlr* AnlmAI WoWar• Sod•ty
RSPCA
10.1x4)
Slml Vet
Id H¢y Ha￿e
10.IX
CaDsskennan LaneAthAI S4rKttwy
T￿￿1
MLKthnd Rehab
10.rA)
Cats
OTn2120ra
P•gè 18

NOTE3 TO THE F114ANCIAL STATEMENT8
FOR THE YEAR ENDED 31 DECEMBER 2023
OAAKTS PAYABLE (¢onllnu•d)
StrayAIJ
Ann Cra6k8
0711
10.OQJ
Kotor KHO
01103r2023
01m3r2023
OiKJ3r2023
14KP4r20rJ
Swth•m Th*laTh* El•phanl FfAmd4rfon
rgNra Anknal W￿￿rn
IWA
Anirna Spry 8Th1 Neuter
Gk4)ther. PAWS
Frf8nd8 of Inii War8 Yusl
WWP
Frf#Trds ofMtr4M WA Afrh
Mtrnai Centro UK
Imkifrfe V•ts Int￿N￿0Th
flu
Woceto Worfdv/th
Jal Dog Rosu
10.OCrf)
10,QC
li
0￿7r2023
OSffj7r2023
05K17r2023
2￿)EllO23
15.C
07112r2023
0711¥2023
07112r2023
0711212023
10.CQO
10,OCQ
18h)J
JliSOO
C•iD4Cpts
H¥n8layan TrothW￿c*ntrn UK
Puot AnJmAI W•N8rn
P•t Cn NO1￿rk
Silr$Tr￿ aTrJ DWx*4)kr￿WQlf￿￿ 8ThJ R¢w Ctrd
1710212023
17102P2023
17102r2023
17K)¥2023
17nW2023
17n2r2
1710V2023
17M2r20rJ
Gambla Hertè 8nd DDrn*tyTnt$t
17102ROII
17AW2023
17nY2tr13
J7102r2023
2￿￿2120¥￿
Prgverrt UnwAnted P•ts
P•nnkn• Anlmal W•M#r• Sodaty
TOLFA UK
Wori*8t0r¥hl¢￿1rna1 IR•*o
2010V2023
20102r2023
Tfthls knkn&l Sanctuary
Wecaro W￿8￿￿y•
Wa99y T￿
All ¢￿a￿ra1 (>*41 & Sm&1
in Dtstre8J
8fgnt Lc•$2• 81rd ond Ihiithf*TNst
Cgrfa L8no Mmats In Neod
20hJ2f2023
2￿72r2023
2W2MJ23
23102r2023
Valè Wil(llile Vthpltsl
C8ts and Doo3 Hm Roh￿￿9
H*5NJ Rh￿￿*
2310V2023
11,GOJ
Pag8 17

THEJEAK ￿KSBURy ANNAL WELFARE TRU8T
Ilrn YO THE FINANCIAL 8TATEMENT8
FOR The YEAR ENDED JI DECEIIBER 2023
¢2
40th Annl¥•Tr•ryAwvd* {conUnwl)
P4C•
11.000
11.C(¥)
11.C(
11.oc
Sofa H&ven ForDoW5 HL
s￿￿1 WO￿ Resoja
Folty R•8uJ
WorAdfarth Mfft81 SRnctrJory
2W2r2023
11.C(
12108rd023
12h)8r2023
12106r20rJ
I￿12023
2SW23
25.OCQ
25,C4))
9.OCQ
41l(*XI
al 31 De(¥mber 20rJ. lh• Tnjsi al80 had outstandlw pl*J988 fo chafttie• tolamrK4 £87,5￿ 12021.
staff (rnte e)
40th Dhn•r
Dowtydalk)n cl laroltlo •¥¥
I￿att •ecourrtAncy fmg
Awjli ha
39.403
32,112
S.928
8.4L))
Pflv yojr undetwamaT
5S)
104
72hYO
STAFF COSTS
2023
S•lath 4nd
Cth•i p•nskn
39.019
33.497
89
J•.403
Um• hw¢lvod elther wpp(xt b tha govemarts ol ￿ ¢h8rity or to dwrrtab
No emptQ••es tsj bonofifs In a¥cw ofÈ60.I￿I (2tr12 nl).
bongfo&durtro #￿￿12022. nuk
7ofth• tru)tsos (ZO?, 71 rgbiknod • knlal 01£2J19 (2￿. Q440) fw e4Jenaes kn rnlatkn b) travd
P￿1&

THE JEAN 8A1NsBU￿AN1IlALwELFA￿ TRII8T
IIOTES TO THE FIMANCIAL 8TATEMEHTS
FOR THE YEAR ENDED 31 DECEM8EA 209J
Furnltur•,
Tots
Al l January 2023
1275.419
35.213
1.310.632
At 31 l1•c￿*•r 2023
1,275819
3421J
1JI0,631
11 January 2023
Charge for y•or
48.316
5254
32,249
78.565
At 31 UKemberX+23
51.570
32,795
M365
NET BOOK VALUE
1323W
2.41a
At 310Kxrtbor2022
1,229.10>
1,232,067
A valu0Uon ol IhD picwty WB• ¢)ul In 2022 *thlth thjl th• ￿1¥￿TrI vJbJJdon wa•
io.
20
lIARI￿vALuE
23.227,525
2,8SO.659
12.8092191
2.931.254
31,OS8,018
14.785,265
{18.069.331}
18.544h251
26.￿,21?
4227,5
Comwl•lng:
UK •quWos
1.555,354
11.991.386
4.751278
6,1ee,081
799.PAY2
9￿.03&
IW,922
9.805.861
4293.S7S
5.195.612
875,339
992,218
202W.219
2322T,625
1.115.149
1.779,533
27.314368
25,￿7.0
6,763.884
20,$51.484
6.623.956
18,483.102
27.314
2o.fy)7,066
24,658A39
25.401,918
Pw19

ThE JEA14 8AIN8BUAY ANIMAL WELFARe ThU8T
t40YEI TO THE FINAl4c￿STA1E•A£NTs
FOR ThE YEAR ENDED JI DECEMBER 2023
1￿ FIXEDASBEf INVE8TMENT6 {coniinu
year￿d..
Fund8mJth su81lllna￿ Eqt*y Fur)d
SelK4 US Saknl ¢&o%th I Z USD
Cgptsl Im•tmwrt Furth PLC FopA US
Vofttobgj Fund T**ntylour SU￿ SI￿ TeThn
2,68T,748
1,431.074
1,5e8.288
1A04.1>)
2023
740
705
740
703
11 CREDifoRS: Amounts ￿lIty on•y••T
2023
2022
Pontsk￿ Itthlttkns
1.706
124
03.142
1.830
155
08.347
13. ANALY819 OF CHARrrABLE FUNDS
B•lanc•
m• Eyp•Adkn 4WM•nd FundCl￿d
Unr••trl¢t•d fvnd•
26.407.721
428219
<1,223a22)
2,931.264
TOTAL FUN08
28h07,rn
319
1122JJ22)
31354 a.541872
Tho Urw8￿rf¢￿ av8ll•t4• tob• I￿￿4￿Y oftr• dth•

THE JEAN 3AN8BURY ANIUAL WELFARE TRU
IIOTES TO ThE FIIIANCIAL STATEMENT3
FI)R THE YEAR ENDED 31 OECU18ER 202J
Dudng th• ye8rpAyTnonts of£828 (2￿. £804) mado lo Tho Meth•t Group Lknhed (cl
sp￿ F8 0 8rnnth Pwtrw) to th¥ of a Iwjm VBtorfnJry
#U0n(S￿ at fflana9￿ moellngi.
Th810 no balarus LwJI8IAndko atth•y•or4r￿.
behav ￿the TtitsL
10.
IlJQ151
((7fj9.8011
hjthents tr.
Intsrts¢ *KI dMder#la
(427.238)
(2.931264)
{596.197)
8.661.981
Inv•otrrnnl m•Mg•rn•nt f••s dkvcty (xrtof
Inv•8knM
202.839
194,942
IlnL7OW)I dKtsAse In d•btr*rn
Irbygas&l (dth830) In c*•dttcn
(1.1109,097)
(2llQll)
p￿21