Charlty number: 327148
THE STEVENSON FAMILY'S CHARITABLE TRUST
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2021

THE STEVENSON FAMILY'S CHARITABLE TRUST
CONTENTS
Page
Reference and Administrative Details of the Charity, its Trustees and Advisers
Trustees, Report
Independent Auditor's Report
Statement of Finanthal Activities
Balance Sheet
10
Statement of Cash Flows
Notes to the Financial 5tatement5
12-19

THE STEVENSON FAMILY'S CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE
YEAR ENDED 5 APRIL 2021
Trustees
Sir Hugh Alexander Stevenson
Lady Catherine May Stevenson
Joseph William Stevenson
Charity reglstered number
327148
Principal office
Old Waterfield
Winkfield Road
Ascot
Berkshire
SL5 7LJ
Bankers
Barclays Bank plc
19 High Street
Ascot
Berkshire
SL5 7JG
Investment Managers
Cazenove Capital Management
1 London Wall Place
London
EC2Y SAU
Audltor
Nexia Smith & Williamson
Onslow House
Onslow Street
Guildford
GU14TL

THE STEVEN50N FAMILY'S CHARITABLE TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2021
The Trustees present their annual report together wtth the financial statements for the year ended 5 April
2021. They have been prepared in accordance with the Trust Deed, the Charities Act 2011 and
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic
of Ireland IFRS 1021.
Objective5 and Activities of the Trust
The Trust was founded by Hugh and Catherine Stevenson by way of Trust Deed on 3 April 1986 as a
general charitable trust. The object of the Trust is to provide f?nancial support to other charities
at the absolute discretion of the Trustees. The Trust deed provides for a minimum of two Trustees.
Were there a requirement for new Trustees, these would be identified and appointed by the remaining
Trustees. Appropriate ongoing Trustee training is undertaken when considered appropriate. One of the
Trustees has significant experience of the financial markets. The current policy of the Trustees 15 in
the main to Support charitable cause5 in the fields of culture and the arts, conservation and heritage,
and education, but they can exercise their discretion to make donations for other charitable purposes.
A full list of donations made in the year to 5 April 2021 is given In note 5.
Publlc Beneflt
The Trustees have referred to the guidance contained in the Charity Commission's general guidance
on public benefit when reviewing their aim5 and objective5 and in planning their f uture activities.
Reference and Adminlstratlve Details
Reference and administrative details are shown on page 1 of the flnancial statements.
The Trustees
The Trustees who setved the charlty durtng the year were as follows..
Sir Hugh Alexander Stevenson
Lady Catherine May Stevenson
Joseph William Stevenson
Flnancial Review (including reserves and investment policy)
The Trust derives its income f rom investments and from donation5 which are used to fund grants to
other registered charitable organi5ations.
Total income for the year amounted to £878,873 12020.. £390,623). Total expenditure on charitable
activities was £241,091 12020: E490,5541 of which E228,369 12020.. E480,9541 related to charitable
donations made in furtherance of the Trust's objectives. Net income for the year, before investment
gains and losses, amounted to £624,09712020: net expenditure £116,265>.
It is the pollcy of the Trustees at all times to malntain sufficient reserves within the trust to meet all
future commitments in full, whilst maintaining a level of invested funds capable of generating a
significant return for onward donation. The Trustees monitor the level of reserves on an annual basis.
All funds held are unrestricled. Total unrestricted reserves at the end of the year amounted to
£2,719,602 12020: £1,642,175). A designated fund of £100,000 has been created this year to reflect
f unds set aside to make a grant towards research into the application of artificial intelligence as an aid
to risk assessment of potential DVT patients.

THE STEVENSON FAMILY'S CHARITABLE TRUST
TRUSTEES REPORT Icontinuedl
FOR THE YEAR ENDED 5 APRIL 2021
Investments
During the year Cazenove Capital Management acted as independent advisors and investment
managers.
At the year end the investment portfolio totalled £2,352,80612020.' £1,425,989) after unrealised
gains of £327,528 12020: unrealised losses of E152,7051.
Achlevements and performance
During the year the Trust has been able to support a broad range of organisations in accordance with
its recent pollcy.
During the previous financial year the Covid-19 pandemic emerged and caused unprecedented peacetime
soclal and economic restriction5 in the UK and worldwide. The impact on the day to day running of the
Trust has been limited although there was a significant impact on financial markets during 2020, from
which the financlal marf(ets have largely recovered. The year end revaluation gain was equivalent to
22.97% of the opening valuatlon of the portfolio 12020.. revaluation loss 8.21%). The Trustees have
reviewed the PDSltion for the comlng year and have determined that the Trust Is In a strong financial
position and there are no material uncertainties that may cast significant doubt on the Trust's ability
to continue as a going concem.
Risk Management
The Trustees have identified that the only major risk to which the Trust is exposed is that of incurring
significant losse5 in the investment portfolio. Perfomiance targets are set by the Trustees in relation
to the investment portfolio, and the investment performance is kept under regular revlew by the
Trustees.
Plans for Future
The Trustees intend to continue providing grants in a similar manner to that followed in recent years,
with the emphasis on culture and arts but retaining complete flexibility as to the timing and scale of
donations made. The Trustees have considered the impact of Covid-19 on the activity of the Trust and
have concluded that the Trust will be able to continue to operate as planned for the foreseeable future.
It is likely that the impact of the pandemic will increase the needs of some charities and this may result
in increased grant expenditure in the future.

THE STEVENSON FAMILY'S CHARITABLE TRUST
TRUSTEES REPORT Icontlnuedl
FOR THE YEAR ENDED 5 APRIL 2021
Statement of Trustees, responsibilities
The Trustee5 are responsTble for preparing the Trustee5' Report and the financial statements in accordance
with appllcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practicel.
The law applicable to charitie5 in England & Wales requires the Trustees to prepare financial statements
for each financial year which give a true and fair view of the state of affairs of the charlty and of
the incoTning resoufces and applicatlon of resources of the charity for that perlod. In preparing these
financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP.
make judgement5 and accounting estimates that are reasonable and prudent.
prepare the financial statement5 on the going concern basis unless it is inappropriate to presume
that the charity will continue Tn operation.
The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain
the charity's transactions and disclose with reasonable accuracy at any time the financial position of the
charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the
Charity (Accounts and Report51 Regulation5 2008 and the provisions of the trust deed. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irre
ularitie5.
Ib Sé
This report was approved by the Trustees on
LOFI
and signed on their behalf by:
Slr Hugh Stevenson
Trustee

THE STEVENSON FAMILY'S CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT FOR
THE YEAR ENDED 5 APRIL 2021
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE STEVENSON FAMILY'S CHARITABLE TRUST
Opinlon
We have audited the financial statements of The Stevenson Family's Charitable Trust (the 'charity' I for
the year ended 5 April 2021 which comprise the Statement of Financial Activities, Balance Sheet,
Statement of Cash Flows and the notes to the financial statements, including a summary of significant
accounting policies. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdotn Accounting Standards, including FRS 102 "The Financial Reporting
Standard applicable in the UK and Republic of Ireland" Iunited Kingdom Generally Accepted Accounting
Practice).
In our op?nion, the financlal statements:
give a true and fair view of the state of the charity's affalrs as at 5 April 2021 and of its Tncome and
expenditure for the year then ended;
have been properly prepared in accordance with UnTted Kingdom Generally Accepted Accounting
Practice. and
have been prepared In accordance with the Charities Act 2011.
Basis for opinlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilitie5 for the audit of the financial Statements Section of our report. We are independent of the
charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relatTng to golng concern
In auditing the financial statements, we have concluded that the trustees, use of the going
concern basi5 of accounting in the preparation of the financlal statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties
relating to events or conditions that, individually or collectively, may cast significant doubt on
the charity's ability to continue as a going concern for a period of at least twelve months from
when the financial statements are authorised for issue.
Our responsibilitie5 and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.

THE STEVENSON FAMILY'S CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT FOR
THE YEAR ENDED 5 APRIL 2021
Other Information
The other information comprises the information included in the Trustee5' Report and Flnandal
Statements, other than the financial statements and our auditor's report thereon. The trustees are
responsible for the other information contained within the Tru5tees' Report and Financlal Statements. Our
opinion on the financial statements does not cover the other information and we do not expres5 any form
of assurance conclusion thereon. Our responsibility IS to read the other information and. in doing so,
consider whether the other information is materially Inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to be tnaterially misstated. If we identify such
material inconsistencies or apparent materlal mlsstatements, we are required to determine whether there
is a material misstatement in the flnancial statements or a material mi5Statement of the other Infomiation.
If, based on the work we have performed, we conclude that there is a materlal mlsstatement of this other
information, we are required to report that fact.
We have nothing to report in this regard.
Matter5 on whlch we are requlred to report by exception
We have nothing to report In respect of the following matters in relation to which the Charitie5 (Accounts
and Reports) Regulatlons 2008 require u5 to report to you if, in our opinion..
sufficient accounting records have not been kept,. or
the information given in the financial statements is inconsistent In any tnaterial respect with the
Trustees, Annual Report- or
the fTrnancial statements are not in agreement with the accounting records. or
we have not received all the infom)atTon and explanation5 we require for our audit.
Responslbllltles of trustees
As explained more fully in the Trustees, Responsibilities Statement set out on page 5, the trustees are
responsible for the preparation of the financial statements and for being satisfied that they give a true
and fair view, and for such intemal control as the trustees determine is necessary to enable the
preparation of financial statements that are free from material misstatement, whether due to fraud or
error.
In preparing the financial statements, the trustees are responsible for a55es5ing the charity's ability to
continue as a going concem, disclosing, as applicable, matters ielated to going concern and using the
going concern basi5 of accounting unless the trustees either intend to liquidate the charlty or to cease
operations. or have no realistic alternative but to do so.

THE STEVENSON FAMILY'S CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT FOR
THE YEAR ENDED 5 APRIL 2021
Audltor's responsibilities for the audit of the financial Statements
We have been appoinled a5 auditor under section 144 of the Chaiities Act 2011 and report in accordance
with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable a55urance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable asgurance is a high level of assurance but is nol a guarantee that an audit
conducted in accordance with ISAS IUKI will always detect a material misstatement when it exist5.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilitie5, Outlined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud, is detailed below..
We obtained a general understanding of the charity's legal and regulatory framework through enquiry of
management concerning: their understanding of relevant laws and regulations., and the entity's policies
and procedures regarding compliance. We also drew on our exlstlng understanding of the charity sector
and its regulation.
We understand that the charity complies with the framework through:
Outsourcing accounts preparation and tax compliance to external experts.
In the context of the audit, we considered those laws and regulations.. which deterffline the form and
content of the financial statements,. which are central to the charity's ability to conduct its business. and
where failure to comply could result in material penalties. We identified the following laws and regulatlons
as being of significance in the context of the company:
The Charities Act 2011 and FRS 102 in respect of the preparation and presentation of the flnancial
statements.
The senior statutory auditor led a dlgcusslon with all members of the engagement team regarding the
susceptibility of the entity's financial statements to material misstatement, including how fraud might
occur. The areas identified in this discussion were:
Incorrect reporting of income
The procedures we carried out to gain evidence in the above areas included..
Obtaining evidence of completeness of Income

THE STEVENSON FAMILY'S CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT FOR
THE YEAR ENDED 5 APRIL 2021
Overall, the senior statutory auditor was satisfied that the engagement team collectively had the
appropriate competence and capabilTties to identify or recognTse irregularitTe5. In particular, both the
senior Statutory auditor and the audit manager have a number of years, experience in dealing wth
charities.
A further description of our responsibilities for the audit of the financial statement5 is located on the
Financial Reporting Council's webslte at.. www.frc.or
.uk/auditorsres
onsibilitie5. This description forms
part of our auditor's report.
Use of our report
Thls report is made solely to the charity's trustees as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might State to
the charity's trustees those matter5 we are required to state to them in an auditor's report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or
for the opinions we have formed.
Nexla Smlth & WillTamson
Statutory Auditor
Chartered Accountants
On51ow House
Onslow Street
Guildford
Surrey
GU14TL
Date.. 20 September 2021
Nexia Smith & Wllllamson is eligible for appointment as auditor of the charity by virtue of its eligibility for
appointment as auditor of a company under section 1212 of the Companies Act 2006.

THE STEVENSON FAMILY'S CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2021
Total
funds
2021
Total
funds
2020
Note
Income from:
Donations and legacies
Investments
859,997
18,876
362,458
28,165
Total income
878,873
390,623
Expenditure on:
Investment manager fees
Charitable activities
113,6851
1241.0911
(16,334)
(490,554)
Total expenditure
Net Incomellexpenditurel before Investment
galnsl{lossesl
1254.7761
624.097
(506,888)
(116,265)
Net gainslllossesl on investments
453,330
(164,691)
Net movement in fund$
1,077,427
(280,956)
Reconclliation of funds:
Total funds brought forward
1.642,175
1,923, 131
Total fund$ carried fomard
2,719,602
1.642, 175
The notes on pages 12 to 19 form part of these financial statements.

THE STEVENSON FAMILY'S CHARITABLE TRUST
BALANCE SHEET
AS AT 5 APRIL 2021
2021
2020
Note
Flxed assets
Investments
Z,35Z,806
1,425,989
Current assets
Accrued Income
Gift Aid
955
100,000
259,052
19,269
1,159
Cash held by investment managers
Cash at bank and in hand
367,309
11,353
379,276
379,821
Creditor5: amounts falling due
within one year
112,4801
1125,635
Net current assets
366,796
254,186
Net assets less current liabilities
2.719,602
1,680,175
Creditors: amount5 falling due in
more than one year
Net assets
(38,000)
2.719.602
1,642,175
Charity Funds
General funds
2,619,602
1,542, 175
Designated funds
10
100,000
100,000
Total funds
2,719,602
1,642,175
The financial statements were approved by the Trustees on
behalf. by:
and slgned on their
k:A4v
Sir Hugh Stevenson
Trustee
The note5 on pages 12 to 19 form part of these financial statements.

THE STEVENSON FAMILY'S CHARITABLE TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 5 APRIL 2021
2021
2020
Note
Cash f lows from operatlng activitie5:
Net cash used in operating activities..
Cash flows from Investlng activities:
Dividends and interest from investments
Proceeds from sale of investments
Purchase of investments
lal
15,7271
(577,790)
18,876
1,135,384
11,248,874)
28, 165
996,545
(369,553)
Net cash provided by Investlng actlvltles
194.614)
655, 157
Change in cash and cash equivalents for the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
1100.3411
77,367
Ibl
378,662
301,295
Cash and cash equivalents at the end of the
reporting perlod
278.321
378,662
(a} Reconclllatlon of net incomel(expendlture) to net cash flows from operatlng activities
Net movement in funds
Adjustments for:
IGainsl11055es on investments
Non-cash donations received
DTvidends and interest from investments
Ilncreaselldecrease in debtors
Decrease in creditors
1,077,427
{280, 956)
1453,3301
1359,9971
118,8761
199,7971
1151,1541
164,691
{358,396)
(28, 165)
15,901
{90,865)
Net cash used in operating activitles
{5.727)
(577,790)
(bl Analysls of cash and cash equivalents
Cash held by investment managers
Cash at bank and in hand
259,052
19,269
278.321
367,309
11,353
378,662
Total cash and cash equivalents

THE STEVENSON F￿lLY's CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2021
Accountlng Pollcles
1.1 Basis of preparation of flnanclal statements
The financial statements have been prepared under the historical cost convention
with Items recognised at cost or transaction value unle55 Otherwtse stated in the
relevant notes to these accounts. The Trustees confirrn that the annual report and
flnancial statements of the charity comply wth current statutory requirements, the
requirements of the charitls governing document and the provisions of the
Statement of Recommended Practice.. Accounting and Reporting by Charities
preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021.
The Steven50n Family'5 Charitable Trust is constituted as a trust and registered In
Enqland and Wales as a charity, number 327148.
The Stevenson Family's Charltable Trust constitutes a public beneflt entlty as defined
by FRS 102.
The functlonal currency is Sterling and the financial statements are rounded to
the nearest whole pound.
1.2 Going concern
The TrLSStees have considered the impact of the coronavirus panderrbic on the Trust as
described in the Tru5tees' Report on page 3, in particular on the Trust's investment
portfolio, which TS held partly as cash. The Trustees are Satisfied that the Trust has
sufficient funds to be able to continue as a going concern for a period of at least twelve
months from the date of approval of these account5.
1.3 Income
All income is recogrki5ed once the charlty has entitlement to the Tncome, it Is
probable that the income will be recelved, and the amount of ir¢come receivable can
be measured reliably.
For legacies, entitlement Is taken as the earlier of the date on which either.. the charity
is aware that probate ha5 been granted, the estate has been finalised and
notification has been made by the executorlsl to the Trust that a distribution will
be made, or when a distribution Is received from the estate. Receipt of a legacy, in
whole or in part, 15 only considered probable when the amount can be measured reliably
and the charity has been notified of the executorfs intention to make a distribution.
Where legacies have been notified to the charity, or the charity Is aware of the
granting of probate, and the criteria for income recognition have not been met, then
the legacy is treated as a contingent asset and dTscIosed if material.

THE STEVENSON FAMILY'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT (continued)
FOR THE YEAR ENDED 5 APRIL 2021
Accounting Policie5 {contlnued}
1.4 Expenditure
Expenditure is recognised once there 15 a legal or constructive obligation to
transfer ecorbomic benefit to a third party> It 15 probable that a transfer of
economic benefits wll be required in settlement and the amount of the obligation
can be measured reliably. Expenditure is classified by activity.
Support COSts are those costs incurred directly in support of expenditure on the
objects of the charity. Governance costs are those incurred in connection with
administration of the charity and compliance with constitutional and statutory
requirements.
Expenditure on raising funds are cost5 incurred in managing the charity's investment
portfolio. Grants payable are charged in the year when the offer 15 made except in
those cases where the offer is conditional, such grants being recognised as expenditure
when the conditions attaching are fulfilled. Grants offered subject to conditions which
have not been met at the year end are noted as a commitment, but not accrued as
expenditure.
1.5 Investments
Fixed asset inve5tment5 are a form of financial instrument and are initially
recognised at their transaction cost and subsequently measured at fair value at the
Balance Sheet date, unless fair value cannot be measured reliably in which case it is
measured at cost less Impairment. Investment galns and losses, whether realised or
unrealised, are combined and shown in the heading 'Galnslllossesl on investments, in
the Statement of Financial Activitles.
1.6 Flnancial Instruments
Financial assets and financial liabilities are recogni5ed in the balance sheet when the
charity become5 a party to the contractual provisions of the instrument.
Cash and cash equivalents are classified as basic financial instruments and comprise
cash in hand and at bank, short-term bank deposits with an original maturity of three
months or less and bank overdrafts which are an integral part of the group's cash
management.
Trade and other debtors and creditors are classified as basic financial instruments and
measured at initial recognition at transactTon price. Debtors and creditors are
Subsequently measured at amortised cost using the effective interest rate method. A
provision is established when there is objective evidence that the group will not be
able to collect all amounts due.

THE STEVENSON FAMILY'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT (contlnued)
FOR THE YEAR ENDED 5 APRIL 2021
Investment Income
2021
2020
Investment itbcome
Interest receivable
18,846
30
27.466
699
Ralslng Funds
2021
2020
Investment manager's fees
13,685
16,334
13,685
10,334
Expenditure on charltable actlvlties
2021
2020
Charitable donations (note 51
Governance (note 61
228,371
12,720
480.954
9,600
241.091
490,554
The Charity had no employees in the year12020: none).

THE STEVENSON FAMILY'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT Icontinued>
FOR THE YEAR ENDED 5 APR5L 2021
Charitable donatlons
The Trustees commltted the following charitable donations during the year of which £nil 12020:
£154,0351 remained outstanding at the year end.
2021
2020
Educatlon and tralning
British Institute at Ankara
Clifton Hampden, PCC
Coram Shakespeare Schools Foundation
Ufton Court Educational Trust
University of Oxford
Reed's School Foundation Appeal
Universlty College, Oxford
St Hilda's College, Oxford
Friends of the National Llbraries
Involve Community Services
The Story Museum
Bournemouth University
SportsAble - Grant Rescinded
5,000
1,000
2,500
1,000
45,000
250
250
100,000
150,000
2,500
500
138,0001
Total Education and training
259 250
Health and MedTcine
Berkshire County Blind Society
Frimley Health Charity
Helen and Douglas House
Newbury Cancer Care
Response
St Michaels Hospice, Ba5ingstoke
Thames Hospice
The Sick Children's Trust
Macmillan Cancer Support
Thrive
500
7,500
2,500
250
1,000
100
31,000
22,500
20,000
1,000
Total Health and Medicine
65,350
21,000

Page 116
THE STEVENSON FAMILY'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT Icontlnuedl
FOR THE YEAR ENDED 5 APRIL 2021
Charitable donatlons contlnued
2021
2020
Culture and Arts
The Bowe5 Museum
The Public Catalogue Foundation
The Royal Academy of Arts
The Wallace Collection
Art Fund
Watts Gallery Trust
Glyndebourne
The Nat70nal Gallery Trust
Garsington Opera
Windsor Festival Society Limited
Newbury Spring Festival
National Portrait Gallery
Pimlico Opera
Old Vic Theatre Trust
The Windsor Benefit Trust
The Public Catalogue Foundation
Royal National Theatre
South East Berkshire Gang Show
The British Museu
The Queen's Choral Foundation
1,000
5,000
5,000
4,350
5,000
1,000
30,191
9,100
5,500
5,000
5,000
1,000
10,000
18,489
9, 1(JO
5,500
5,000
1,000
1,000
1,000
250
10,000
Total Culture and Arts
77,141
Conservation and Herltage
Chelsea Physic Garden
The Abbotsford Trust
The English Heritage Trust
Milton's Cottage Trust
Royal Horticultural Society
National Trust for Scotland
Pain5hill Park Trust
The Wentworth Woodhouse Preservation Trust
1,000
2,500
2,500
6,035
4,280
20,000
70,000
10,000
5,280
Total Conservation and Herltage

Page | 17
THE STEVENSON FAMILY'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT (continued)
FOR THE YEAR ENDED 5 APRIL 2021
Charitable donations continued
2021
2020
General charitable purposes
Autistica
Children of Songea
Dingley's Promise
Parish of All Saints, Wokingham
Support Through Court
War Memorials Trust
Windsor Parish Church, All Saints
Me2 Club
Berkshire Community Foundation
Charlie Waller Memorial Trust
Daisy's Dream
St Michael and All Ange15, Sunninghill
Launchpad Reading
Royal British Legion
Salvation Army
Personal Support Unit
Chlld Autism UK
Swings & Smiles
Camphill Village Trust
The Dash Charlty
Sue Ryder (Newburyl
Alderma5ton and Waring PCC
The Children's Society
2,51X)
250
6,0
2, 5(K>
2, 5(X)
1,0(X)
5,0(KJ
1,000
5,100
500
3,000
20,000
2, 500
5,000
1,000
41,0(10
5(X)
3,000
20,000
2,750
I,0(30
I,0(
1,000
2, 500
1,000
500
500
loo
100
100
Total General Charltable Purposes
76,050
Total Charitable Donations
228.371
480,954

THE STEVENSON FAMILY'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT Icontinued)
FOR THE YEAR ENDED 5 APRIL 2021
Governance Costs
2021
2020
Auditor's rewnuneration:
For current year audit servlces
Accounting services
10,428
2,292
7,710
1,890
12,720
9,600
Investments
2021
2020
Valuatlon at 6 April 2020
Add: acquisitions at cost
Less.. di5P05als
Unrealised gainlllossl
Valuation at 5 April 2021
1,425,989
1,608,871
11,009,582)
327, 528
2.35Z.806
7.859,276
727, 949
(1,008,53 IJ
(152, 705)
1,425,989
Total investment gains of £453,33012020: total loss of £164,491) as shown on the Statement of
Financial Activities comprise unrealised gains of £327,528 12020.. unrealised losses of £152,705)
and realised gains of £125,80212020: realised losses of É11,936}.
Investments at 5 April 2021 comprise:
Holding
Market
value
2021
Market
value
2020
Equities - UK
Equities - Europe (exc. UK)
Equities - North America
Equities - Asia
Equities - Emerging market and global
Bonds - UK
Bonds - Global
Hedge Funds
Other
273,355
100,859
549,650
182,448
665,557
48,702
229,525
59,129
243,581
240,21Z
68,497
311,570
87,608
228,401
96,241
97,298
60,074
236,088
Market Value as at 5 Aprll 2021
2,352.806
1,425,989

THE STEVENSON FAMILY'S CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT (continued>
FOR THE YEAR ENDED 5 APRIL 2021
Credltors: Amounts falllng due wlthin one year
2021
2020
Accruals
Grants payable
12,480
116,035
12,480
125,035
Creditors: Amounts falllng due In more than one year
2021
2020
Grants payable
38,000
38,000
10.
Designated funds
Designated funds of £100,Tr)012020'. E100,0001 are set aside to fund medical research into
the potential use of artifTcial intelligence as an aid to diagnosis of deep vein thrombosis.
Related party transactions
During the year the Trust awarded £5,10012020: £41,000) to the Berkshire Community Foundation
of which Lady Catherine Stevenson and Sir Hugh Stevenson are vice presidents. The Trust awarded
E9,100 12020: E9,1001 to the National Gallery Trust of which Lady Catherine Stevenson is a
trustee. The Trust awarded £nil 12020: £150,000) to St Hilda's College, Oxford of which Lady
Catherine Stevenson is an honorary fellow. The Trust awarded Enil12020'. E100,0001 to University
College, Oxford of which Sir Hugh Stevenson is an honorary fellow.
In addition, during the year the Trustees donated shares of E359,997 12020: £358, 3961 and
cash of £400,00012020.. Enill to the Trust.
During the year, no Trustees were paid any remuneration or expenses12020.' nonel.