Docusign Envelop8 ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
Charity registration number 328394 {England and Wales)
THE THOMAS FARR CHARITY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
CONTENTS
Page
Legal and administrative infomiation
Trustees, report
Statement of Trustees, responsibilities
Independent auditorfs report
Staternent of financial activities
Statement of financial position
10
Statement of cash flows
11
Notes to the accounts
12-20
Schedule of investments and income

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
Truslees
Mr Henry Farr
Mrs Amanda Farr
Rathbones Trust Company Limited
Mr Philip Pruden
Charity number
328394
Registered office l address for appeals
Nottinghamshire Community Foundation
Ash House, Ransom Wood Business Park
Southwell Road West
Mansfie
NG21 OHJ
Auditor
Perrys Audit Limited
Churchdown Chambers
Bordyke
Tonbridge
Kent
TN91NR
Bankers
National Westminster Bank plc
134 Front street
Arnold
Nottingham
NG5 7BF
Legal advisors
Penningtons Manches Cooper LLP
125 Wood Street
London
EC2V 7AW
Investment managers
Rathbones Investment Management Limited
30 Gresham Street
London
EC2V 7QN

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
The Trustees presenl their annual report and financial statements for the year ended 5 April 2024.
The accounts have been prepared in accordance with the accounting policies sel out in note 1 of the accounts
and comply with the Charities Act 2011 and AccoLJnting and Reporting by Charities.. Statement of Recornmended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Star)dard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 20151.
Objectives and activities
The Thomas Farr Charitable Trust was created by Deed dated 17 October 1989.
The Trustees shall hold the capital and the income of the Trust Fund upon trust to apply income and. as far as
may be necessary, the capital for or towards such charitable purposes and to make donations to such charitable
bodies or institutions at such times and in such manner as the Trustees may, in their absolute discretion, think fit.
We confirm that there have been no changes in the charity's objectives during the year.
Charitable aims
The charity aims lo continue to suppori charitable bodies and institutions for the longer term future - they look to
invest the charity's funds wisely to ensure sufficient income is generated to support these aims. The charity's
focus is on public benefit in the Nottinghamshire area across various sectors such as community projects,
children and youth projects, homelessness, disability, elderly and others.
Public benefit
The Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public
benefit guidance published by the Charilies Commission.
The Trustees support a number of charitable organisations. as shown within note 6 to the financial statements.
The Trustees believe all the donations made are for the benefit of the public.
Grant-making policies
Currently the Trustees, policy is to accumulate all written appeals received and to consider them on their
individual merits at each Trustee meeting. Only successful applicants are notified of the Trustees, decision.
During the year under review. the Trustees resolved to make a number of donations, as detailed in note 16 of
these accounts. All donations are made without any implication or commitment to future donations.
Risk management
The charity trustees have considered the major risks to which the charity is exposed and have reviewed those
risks and established systems and procedures to manage those risks. The trustees consider variability of
investment returns to constitute the charity's major risk. This is mitigated by retaining expert investment
managers and having a diversified investment portfolio.
Ruth Warren of Nottinghamshire Community Foundation was delegated day to day management of the Gharity
throughout Ihe year.
Financial review
Total incoming resources were £279,703 (£344,451 in 2023), with £328.739 (£322,038 in 2023) being committed
to charitable donations and £28,768 (£27,631 in 20231 relating to costs of generating funds and £15,146
{£16,032 in 20231 relating to governance Gosts, resulting in net outgoing resources of £83,450 (outgoing £21,250
in 20231
The total movement of resources in the year also includes the realised gain in the year £154,410 (loss of £55,176
in 20231 and an unrealised gain based upon the market value of the investments at the year end of £782.678
{gain of £530,503 in 2023). The overall movement of resources in the year showed an increase of £544,818
{decrease of £606,929 in 20231

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
Reserves
The Trustees consider their investments as part of an unrestricted fund, providing a relatively secure and
predictable stream of income from which to make grants. The Trustees aim to distribute a large percentage of the
income, net of expenses, in each financial year and therefore do nol maintain income reserves as such. however,
income levels are continually reviewed by the Trustees at the annual meelings to ensure that they have sufficient
funds to meet with their objectives.
Investment performance and policy
The investment objective for the charity is to provide an income yield of 20/0. predominately in sterling, as well as
real capital growth, in line with the agreed bespoke benchmark of 60 % FTSE 100, 300/0 FTSE All World Ex UK
and 10'/o cash, as delermined by Rathbones, terms of business, in line with risk strategy 5. The current yield is
2.74%.
Over the last 12 months, financial markets have benefitled from the rate of inflation slowing globally and in tum
investors, expectations of interest rate cuts in 2024. Thus, over the last year, the total return of the fund net of
fees rose by 10.16010. The personal benchmark gained by 11.36 %. The FTSE 100 rose by 7.410/0 and the FTSE
All Worfd Ex UK gained 21.71°/o. The ARC Sterling Steady Growth, which is a peer comparator index rose
9.130/0.
The fund's bias to income generating assets has been a headwind as growih assets have started to regain
momenlum. Trustees agreed wilh the investment managers to reduce the yield closer to 2 % and increase
exposure to growth assets which will benefit as inflation and therefore interest rates start to reduce.
2023 ended on a more upbeat tone following what was a fairy tumultuous year with many conflicting economic
forces at play. At the start of the year markets were buoyed by the anticipated reopening of the Chinese
economy after a very draconian and prolonged pandemic lockdown but this failed to materialise and Ihe lack of
consumer confidence, in part reflecting the collapse of the Chinese real eslate sector, resulted in the introduction
()f a number of stimulus packages from the People's Bank of China and other government led initiatives. The mini
banking crisis in March du& lo the failure of Silicon Valley Bank in Ihe US led lo a sell-off in markets al thè end of
the period. Much of Ihe rest of the period was dominated by the slow pace of falling inflation as economies
stabilised post-pandemiG and reacted lo one of the fastest and largest ever rises in interest rates. The US
particularly enjoyed a rapid fall in inflationary pressures and markets rallied on an anticipated 'pivot' in interest
rates. Ajso, returns over the period have been unusually concentrated, dominated by the returns of the
'Magnificent 7, stocks in the US, disguising the true health of the US economy.
Looking ahead in 2024, the situation in Ukraine is still far from resolved and accordingly the need for stable and
effective political leadership is needèd now more than ever. This is sobering as we start an election year with
over half the world's population set to vote including both here and in the USA. However, the investment
managers are hopeful that as interest rates start to fall and inflation relums to more normal levels market returns
continue to broaden out, which has taken place in the first quarter of 2024.
As at 5th April 2024, the portfolio holds 10/0 in cash, 90/0 invested in fixed income, 840/0 in equity markets, with the
balance of 60/D invested in a mix of gold, tolal return strategy and infrastructure fund, offering 70/. dividend yield.
Within equities, 37 % is in the UK and 45 /0 is in international markets. This continues to be diversified across a
mix of geographies and over the year we reduced exposure to UK whilst increasing exposure to North America
and Japan which is now 230/0 and 50/0, respectively. We reduced exposure to diversifiers and added to fixed
income taking advantage of the attractive yields to malurity on offer. We continue to have 14 /0 in global funds
diversified across income generating funds and thematic funds such as technology and healthcare.
Current dividends are forecast to be some £259,492 per annum, which is a yield of 2.74 %. Although the current
yield is higher than the target, the investment manager is looking at opportunities to generate capital growth over
time and reduce this to 2 %. Of the investments held none exceed 10 % of the total portfolio value.
Trustees have agreed with the investment managers that wilh effect from 319t March 2024 the benchmark for thg
Charity will be 400/0 FTSE 100, 450/0 FTSE All World Ex UK and 15 % cash.
Risks
The Trustees have not identified any major risks other than stock market fluctuations and they will continue to
monitor the adequacy of their system.

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
Structure, governance and management
The Trustees who served during the year were".
Mr Henry Farr
Mrs Amanda Farr
Rathbones Trust Company Limited
Mr Philip Pruden
The Charity's other advisors are noted on page 1.
The individuals who were directors of Rathbones Trust Company Limited were-
Miss Linda Joyce Cousins
Mr Trevor Harris
Mr James Stephen Hurrell
Mr Bruce Robert Newbigging
Mr Alexander Richmond
Mrs Kerry Roberts
Mr Robert Paul Stocklon
Organisation and decision-making structure
The Trustees review applications for funding, investment performance, income ￿velS and the financial
statements.
No fund raising is Ljndertaken to support the work of the charity, but it has the right to accept donations.
Training of Trustees
There are no formal polices or procedures adopted for the induction or training of Trustees, however. Rathbones
Trust Company Limited and the professional trust administrator keep abreast of changes in legislation and pass
this information on lo the other Trustees.
Recrultment of new or addltlonal Trustees
The present Trustees have the power of appointing new or additional Trustees.
Approved by the Trustees and signed on their behalf..
Docusigned by..
45AECEA56A124A8..................................
Trevor Harris
Rathbones Trust Company Limited
Trustee
Dated.. 30 january..2025 | 10:36 AM GMT

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 5 APRIL 2024
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordan￿ with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Praclice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each
financial year whiGh 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 thal year.
In preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then appty them consistenlly-
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent:
slate whether applicable accounting standards have been followed, subject to any material departures disclosed
and explained in the financial statements- and
prepare the financial statements on the going concern basis unless it is inappropriate to presume thal the charity
will continue in operation.
The Trustees are responsible for keeping sufficient accounting reGords that disclose with reasonable accuraGy at
any tiTne the financial position of the Charity and enable them to ensure that the financial statements coThply with
the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the twst 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 irregularities.

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE THOMAS FARR CHARITY
Opinion
We have audited the financial statements of The Thomas Farr Charity (the 'Charity') for the year ended 5 April 2024
which comprise the statement of financial activities, the statement of financial position, the 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 Kingdom Accounting
Standards, including Financial Reporting Standard 102 The FinanGial Reporting Standard appliGable in the UK and
Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements..
give a true and fair view of the state of the charity's affairs as at 5 April 2024 and of its incoming reSoUr￿S
and appliGation of resources, for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting practi￿.,
and
have been prepared in accordance with the Charities Act 2011.
Basis for opinion
We conducted our audit in accordan￿ wilh International Standards on Auditing (UK) {ISAs (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditoffs ￿SponSibl11t1eS 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 audil 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 relating to going concem
In auditing the financial statements, we have concluded that the Trustees. use of the going concern basis of
accounting in the preparation of the financial 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 ability lo continue as a going
concern for 2 period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees, with respect to going concern are described in the
relevant sections of this report.
Other information
The other information comprises the infomation included in the annual report other than the financial statements
and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual
report. Our opinion on the financial statements does not cover the other information and we do not express 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 ststements or our knowledge obtained in
the course of the audit, or othenNise appears to be materially misstated. If we identify such material inconsistencies
or apparent material misstatements. we are required to determine whether this gives rise to a malerial
misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that
there is a material misstatement of this other information, we are required to repori Ihat fact.
We have nothing to report in this regard.

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE THOMAS FARR CHARITY
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the
audit, we have not identified material misstatements in the directors, report included within the Trustees, report.
We have nothing to report in respect of the following malters in relation to which the Charities (Acwunts and
Reports) Regulations 2008 requires us to report to you if, in our opinion..
the information given in the financial statements is inconsistent in any material respect with the Trustees,
report., or
sufficient accounling records have not been kept,. or
the financial slatements are not in agreement with the accounting records- or
we have not received all the information and explanalions we require for our audit.
Responsibilities of Trustees
As explained more fully in the statement of Trustees, responsibilities, the Trustees are responsible for the
preparation of the financial ststements and for being satisfied that they give a Irue and fair view, and for such
internal control as Ihe Trustees determine is necessary to enable the preparation of financial slalements that are
free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees
are responsible for assessing the Charity's ability to continue as a going concem, disdosing, as applicable. matters
related to going concern and using the going concern basis of accounting unless the Trustees either intend to
cease operations, or have no realistic allemalive but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with
the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole ar& free from
material misstatemenl, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assuranGe is a high level of assurance but is not a guarantee that an audit Gonducted in aGcordance
with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in Ihe aggregate, they could reasonably be expected to
influence the eGonomiG decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We gained an underslanding of the legal and regulatory framework applicable to the entity and the
industry in which it operates and considered the risk of acts by the entity that were contrary to applicable laws and
regulations, including fraud.
We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material
misstatement due to fraud is higher than the risk of not detecting one resulling from error, as fraud may invdve
deliberate concealment by, for example, forgery or intentional misrepresentations, or throLJgh collusion.
We focussed on laws and regulakn'ons which could give rise to a material misstatement in the financial
statements. Our tests included agreeing the disclosures in the financial stalements to the underlying supporting
docLJmentation and enquiries with management.
We did not identify any key audit matters relating to irregularities, including fraud. As in all our audits, we also
addressed the risk of management override of internal controls. including testing journals and evaluation whether
there was evidence of bias by the trustees that represented a risk of misstalement due to fraLJd.

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE THOMAS FARR CHARITY
A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.11
www.frc.org.uklauditorsresponsibilities. This description forms part of our audito¢s report.
Use of our report
This 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 matters we are reqUI￿d to state to them in an auditor's ￿port 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.
Signed by..
8422A0811eAAD-.........................................
Dated.. 31 january 2025 | 8:38 AM GMT
Stephen Hale FCA FCCA (Senior Statutory Auditor)
for and on behalf of Perrys Audit Limited
Chartered Accountants
Churchdown Chambers
Bordyke
Tonbridge
Kent
TN9 1NR

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
Notes
Income
Income arising from investments
Other income
274,040
5,663
341,549
2,902
Total Income
279,703
344,451
Expenditure
Charitable activities
372,653
365,701
Net deficit before investment gainsl(lossesl
(92,950)
(21,250)
Net gainsllloss) on investments
12
628,268
1585,679)
Net movement in funds
535,318
1606,929)
Fund balances at 6 April 2023
8,977,760 9.584,689
Fund balances at 5 April 2024
9,513,078 8.977,760
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derive from conlinuing activities.

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
STATEMENT OF FINANCIAL POSITION
ASAT 5 APRIL 2024
2024
2023
Notes
Fixed assets
Investments
13
9,256,080
8,894,225
Current assets
Debtors
Cash at bank and in hand
14
861,734
43,296
98,539
905,030
98,539
Creditors: amounts falling due within
one year
15
1648,032)
(15,004}
Net current assets
256,998
83,535
Total assets less current Ilabllltles
9,513,078
8,977,760
Income funds
Unrestricted funds
9,513,078
8,977,760
9.513,078
8,977.760
The accounts were approved by the Trustees on
30 January 2025 | 10:36 AM GMT
Docuslgned by..
5A5e&A66A.144A8:.........................................
Trevor Harris
Rathbones Trust Company Limited
Trustee
10-

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
Notes
Cash flows from operating activities
Cash absorbed by operations
18
(371,755)
(359,563)
Investlng actlvitles
Proceeds on disposal of investments
Purchase of Investments
Dividends and interest received from investments
2,840.160
(3,018.0311
279.703
1,066,358
(1,032,638}
341,549
Net cash generated from investing
activities
101,832
375,269
Net {de¢reasellin¢rease in cash and cash
equivalents
{269,923)
15,706
Cash and cash equivalents at beginning of year
366.881
351,175
Cash and cash equivalents at end of year
96.958
366,881
11

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
Charity information
The Thomas Farr Charity is an unincorporated charily.
1.1 Accountlng conventlon
These accounts have been prepared in accordance with FRS 102 "The Financial Reporting Standard
apFlicable in the UK and Republic of Ireland" I'FRS 102"}, "Accounting and Reporting by Charities" the
Statement of Recommended Practice for charities applying FRS 102 and the Charities Act 2011. The Charity
is a Public Benefit Entity as defined by FRS 102.
Assets and liabilities are initially recognised as historical cost or transaction value unless otherwise slated in
the relevant policy note.
1.2 Going concern
The trustees consider there are no material uncertainties about the Charity's ability to continue as a going
concern. The review of our financial position, reserves levels and future plans gives Trustees confidence the
charity remains a going concern for the foreseeable future.
1.3 Charitable funds
Grants are included in the financial statements when approved by the Trustees and notified to recipients. The
value of committed grants unpaid at the year end is accrued. Grants offered that are subject to conditions that
have not been mel at the year end are noted as a commilmenl but not accrued as expenditure.
1.4 Incoming resources
Investment income is aGGounted for on an accruals basis in the period to which it relates.
1.5 Debtors
Debtors are receivable at their expected settlement amount.
1.6 Cash and cash equivalenls
Cash at bank and cash in hand includes Gash and short term highly liquid investments with a short tnalurity of
three months or less from the date of acquisition or opening of the deposit or similar account.
1.7 Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will
probably result in the transfer of fvjnds to a third paty and the amount due to settle the obligation can be
measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for
any discounts due.
1.8 Resources expended
Management and administration costs corllprise those costs incurred in running the charity. They have been
apportioned on the basis of time spent between charitable activities. cost of raising funds and governance
costs.
Governance costs consist of those costs associated with the overall running of the charity and meeting
siatulory and regulatory requirements.
12-

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
(Continued)
1.9 Financial instruments
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at amortised cost
using the effective interest method unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or
joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are
subsequently carried at fair value and the changes in fair value are recognised in net incomel(expenditurel,
except that investments in equity instruments that are not publidy traded and whose fair values cannot be
measured reliably are measured at cost less impairment.
The Trust does not acquire put options, derivatives or other complex financial instruments.
1.10 Investments
Fixed assets investments represent listed investments which are stated at market valuation, where market
value represents the mid market value on the last trading day before the year end. Any unrealised or realised
gains arising from investments are accounted for in the Ststement of Financial Activities.
Critical accounting estimates and judgements
In the application of the Charity's accounting policies, Ihe Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other SoUr￿s. The estimates and associated assumptions are based on historical experience and other
factors that ar8 considered to bè rèlevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Income arising from investments
2024
2023
Income from listed investments
Fixed interest
Foreign income
REITS
Accrued interest
161,210
36,596
77,837
6,450
(8,053)
226,542
8,348
100,697
5,962
274,040
341.549
Other income
2024
2023
Bank interest
5,663
2,902
13-

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Charitable aclivities
2024
2023
Grant funding of activities (see note 6)
328,739
322,038
Share of support costs (see note 9)
Share of governance costs (see note 9)
28,768
15,146
27.631
16.032
372,653
365,701
Grants payable
2024
2023
Children
Community Projects
Disability
Drug Projects
Education
Elderly
Homeless
HospitalslHealth
MuseUmS￿heatrelGardenS
Religion
Sport
Youth Organisations
62,974
81,855
31,185
3,000
13,758
39,720
26,000
51,616
125,545
29,255
5.000
14.700
21.132
39,200
12,750
2,000
5,000
18,225
5,000
2,000
45,022
15,840
328,739
322,038
Net movement in funds
2024
2023
The net movèment in funds is stated after chargingl(creditingl:
Fees payable for the audil of the charity's financial statemenls
4,800
4,892
Trustees
During the year Rathbones Trust Company Limited charged £600 (£360 in 2023), the amount outstsnding at
the year end was £600 (£360 in 2023).
14-

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Support costs
Support Governance
ost5
osts
2024
2023 Basis of allocation
Investment management fees
Trustee fees
Professional fees
Bank charges
Office expenses
Office rent
28,768
28.768
600
9.500
20
226
27,631
360 Governance
9,500 Governance
40 Governance
240 Governance
1,000 Governance
600
9,500
20
226
Audit fees
4,800
4,800
4,892 Governance
28,768
15,146
43,914
43,663
10 Employees
There were no employees during the year, or the previous year.
11 Taxation
The charity is exempt from tax on income and gains falling within section 532 of the Income Taxes Acl 2007
and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its
charitable objects.
12 Net gainsl(losses) on investments
2024
2023
Unrealised (loss}Igain
{Loss)Iprofit on sale of investments
782,678
1154,410>
(530,5031
{55,1761
628,268
{585,6791
15-

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
13 Fixed asset investments
Listed
investments
Cash in
portfolio
Total
Cost or valuation
At 5 April 2023
Additions
Unrealised gain
Realised loss
Cash invested
Disposals
8,625,883
3,932,392
782,678
{154,407)
268,342
8,894,225
3,932,392
782,678
(154,4071
(214,6801
{3,984,1281
1214,6801
(3,984,128)
At 5 April 2024
9,202,418
53,662
9,256,080
2024
2023
Listed investments
Cash in investment portfolio
9,202,418
53,662
8,625,883
268,342
9,256,080
8,894,225
Historic cosl of investm&nls
7,493,773
7,349,279
14 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
861,734
15 Creditors falling due within one year
2024
2023
other creditors
Accruals and deferred income
632,130
15,902
15,004
648,032
15,004
16-

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
16 Unrestricted funds
The Ljnrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been sel aside out of unrestricted funds by Ihe trustees for specific purposes.
At 6 April
2023
Incoming
resources
Resources
expended
Gains and
losses
At 5 April
2024
General funds
8.977,760
279,703
1372,653)
628,268
9,513.078
Previous year:
At 6 April
2022
Incoming
resources
Resources
expended
Gains and
losses
At 5 April
2023
General funds
9,584,689
344,451
(365,701)
(585,679)
8,977,760
17 Related party transactions
Rathbones Investment Managemenl (RIM) and Rathbones Trust Company (RTC) are both wholly owned
subsidiaries of Rathbones Group Plc. The investment management is undertaken by RIM at their standard
terms as offered to other charities, RTC are not obliged to appoint or retain RIM as investment managers but
do so on the basis that the terms and performance have been satisfactory when compared to alternative
providers of investment management. The matter is monitored and kept under review to ensure Ihal the
charity receives appropriate and cost effective investment management services.
The following amounts were paid during the year to RIM and RTC..
Rathbones Investment Management Ltd -
£28,76812023- £27,631)
Rathbones Trust Company Ltd -
£600 (2023 - £3601
Nottingham Community Foundation (NCF) provide key administration role for the charity- £10.000 {2023
£10,000) was paid to NCF as a donation and £9,500 (2023- £9,500) in administration fees during the year.
18 Cash generated from operations
2024
2023
Surplusl(deficit) for the year
535,318
{606,9291
Adjustrnents for=
Investment income recognised in statement of financial activilies
Loss on disposal of investments
Fair value gains and losses on investments
(279,703)
154,410
(782,678)
{341,5491
55,176
530,503
Movements in working capital..
Increase in creditors
898
3,236
Cash absorbed by operations
(371,755)
{359.5631
17

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
19 Donations rnade during the year
2024
2nd Beeston Sea Scouts
Ashfield Spartans BA- was Mansfield All Stars Amateur Boxing Club
Age UK Nottingham & Nottinghamshire
AJ SportAcademy CIC
Allsorts Preschool Iundemoodl
Always Community
Beatbots - School of Movers CIC
Beeston Dementia Friends {Beeston Memory Cafe}
Belvoir Cricket & Countryside Trust
Bestwood and Bulwell Foodbank
Blidworth On The Move Support Network
Bluetonic
Brighter Futures Through Sport
British Disabled Angling Association
Broxtowe Community Projects CIO
Broxtowe Womens Project
Children's Bereavement Centre
Citizens Advice Central Nottinghamshire
Clipstone Miners Welfare Community Trust
Community Safety Education CIC
Counselling And Support For Young People
Criminon UK
Disability Support
Dunkirk and Old Lenton CommunityAssociation
Emmanuel House Support Centre
Equation
Footprints Conductive Education Centre (CEC) Ltd
Freedom Foundation CIC
Good Companions
Green's Windmill Trust (The)
Greyfriars CIC Social Club
Groundwork Greater Nottingham
Growing Forward CIC
Happy Days Children's Charity
Harmless
Hettys
Himmah
Hope Church. Nottingham
Hope Hut
Hope Springs Horticulture
IMARA CIO
Jericho Road Projecl
Jigsaw Youth Club
Just Good Friends Club
Literacy Volunteers
1,000
2,000
2,000
2,000
4,845
2.000
2.000
2.000
1,333
3,037
3,000
2,000
4,250
1,000
4.000
2,500
3,000
5,000
3,000
1,000
2,860
1,858
2,000
3,000
5.000
2.725
2.000
3,000
3,720
4,000
4,098
3,000
2,000
2,550
5,000
3,000
3.220
2.000
2,000
3.000
3,000
3,000
3,000
1,185
4,000
125,180
18-

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
19 Donations made during the year
(Continued)
Brought fomard
125,180
MHA Communities East Nottinghamshire (was Southwell & District Live at Home Sche
Music for Everyone
Newark Emmaus Trust
Nottingham And Nottinghamshire Refugee Forum
Nottingham Arts Theatre Ltd
Nottingham Music Service
Nottinghamshire Historic Churches Trust (NHCT)
Nottinghamshire Hospice
Nottinghamshire Mind
Nottinghamshire Royal Society for the Blind ITA My Sight Nottinghamshire)
Notts Guided Walks Partnership (The Ramblers AssociationlNotts Area Ramblers)
NSPCC Nottingham
Oak Field Old Student Association CIO
Open Homes Nottingham
Open Minds
PASIC - Cancer suppori for children and young people
Pat Samba Fitness
Phab Nottingham
Pintsize Theatre Ltd
Place2Be
Positively Empowered Kids CIC
Primary Wellbeing C.l.C.
Pulp Friction Smoothie Bar CIC
Refugee Roots
René House CIC
Riding for Smiles
Rumbles Catering Project Limited
Send Project Limited
Sharewear Clothing Scheme
SHE UK (Supporting., Healing., Educating)
STAA CIO
Support Through Court (formerly the Personal Support Unit}
Support Through Sport Youth CIC
Sutton Youth Radio Ltd
Switch Up CIC
Sycamore Dining CIC
5.000
3.500
2,000
4,000
3,000
2,000
5,000
5,000
5,000
4,000
1,000
10,000
3,500
5,000
1,250
2,423
3,000
3,000
3.000
5.000
3.000
4,824
5,000
3,000
3,000
2,500
4,900
4,000
2,000
2,500
5,000
2,000
4,988
3.974
5,000
3,000
259,539
19-

Docusign Envelopo ID.. 5B95398F-9A4948F6-9114-DOEEBD94A869
THE THOMAS FARR CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
19 Donations made during the year
(Continued)
Brought fomard
259,539
The Beacon Project
The Friary Drop In Ltd
The Greenway Centre
The Helpful Bureau
The Inspire and Achieve Foundation
The Lenton Centre
The Social Action Hub
The Tin Hat Centre
The Wolfpack Project
Trent Bridge Communily Sports Trust
Trent Compassion Trust (Vineyard Arches Trust)
Unanima Thealre
Wainman Trust
Zephyr's
Nottinhamshire Community Donation
3.000
5.000
5,000
3,000
4,000
3,000
5,000
5,000
4,950
5,000
3,000
5,250
5,000
3,000
10,000
328,739
20 Cash and cash equivalents
2024
2023
Cash at bank and in hand
Cash invested
43,296
53,662
98,539
268,342
96,958
366.881
-20-

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Qdocusign
Certificate Of Completion
Envelope Id." 133B5770-EC1 C442D-8347-809C66FA981A
Subject.. Accounts v7 29.01.25
Source Envelope..
Document Pages.. 35
Certificate Pages.. 1
AuloNav= EnatAed
Envelopeld Stamping., Enabled
Time Zone.. IUTCI Dublin, Edinburgh, LisbDn, London
Status". Com ￿eted
Signatures.. 2
Initials.. O
Envelope Originator..
Darcie O'connor
30 Gresham Street
London, Europe EC2V 7QN
Darcie.OConnor@rathbones.com
IP Address= 82.163.188.41
Record Tracking
Status.. Original
29 January 2025 | 16'.39
Holder.. Darcie O'connor
Darcie.OConnor@rathbones.com
Locab'on= Docusign
Signer Events
Trevor Harris
Trevor.HarTisRTC@ralhbones.com
Director
Signature
Timestamp
Sent.. 29 January 2025116.'45
Viewed.. 30 January 2025 | 10.'36
Signed". 30 January 2025110."36
DoruSwnvdby".
45PECÈA*A1W*.
Security Level". Email. Account Authentication
(None)
Signature Adoption.. Pre-selected Style
Using IP Address.. 87242.179.90
Electronic Record and Signature Disclosure..
Not Offered wa Docusign
In Person Signer Events
Signature
Timestamp
Editor Delivery Events
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Timestamp
Agent Dellvery Events
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Tlmestamp
Intemiediary Delivery Events
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Timestamp
Certified Delivery Events
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Timestamp
Carbon Copy Events
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Tlmestamp
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Signature
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Envelope Summary Events
Envelope Sent
Certified Deliver8d
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status
Timestamps
29 January 2025 | 16'.45
30 January 2025 | 10..36
30 January 2025 | 10'.36
30 January 2025 | 10'.36
HashedEncrypled
Se¢urity Che¢k&d
Security Checked
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Tlmestamps

O docusign.
Certificate Of Completion
Envelope Id= 5B95398F-9A4948F6-9114-DOEEBD94A869
Subject.. Accounts v7 29.01.25
Source Envelope..
Document Pages.. 36
Certificate Pages.. 3
AutoNav'. Enabled
Status.. Completed
Signatures.. 1
Envelope Origin8tor'.
Darue O'connor
30 Gresham Street
Envelopeld Stamping.. Enabled
Time Zone.. IUTCI Dublin, Edinburgh, Lisbon, London
London, Europe EC2V 7QN
Oarae.OConnor@rathbones.com
IP Address.. 87.242.179.90
Record Tracking
Ststus.. Original
30 January 2025 | 10'.43
Holder Darcie O'connor
Darcie.OConnor@ralhbones.cotM
Location.. Docusign
Signer Events
Steve Hale
h8le@perry-¢omp8ny.co.uk
Securily Level.. Email, Account Authentication
INonel, Authentication
Signature
Timestamp
Sent.. 30 January 2025 | 10=54
Viewed.. 31 J8nu8ry 2025 | 08..26
Signed.. 31 January 2025 | 08.'38
Signed by
56B422M)B1184AD..
Signature Adoption.. Drawn on Devi¢&
Using IP Address.. 20.254.126.15
Authentl¢•tlon Detslls
SMS Aulh..
Transaction.. 3eb147f1-bd074e92-ad14-cd71cff92c23
Result." passed
Vendor ID.. Telesign
Type.. SMSAuth
Perforrned." 31 January 2025 | 08."26
Phone." *44 7909 690007
Electronic Record and Signature Disclosure:
A¢cepled- 31 January 2025 | 08,26
ID.. eed1da5f-5b8f4256-afb5-12e95cf73414
In Person Signer Events
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Timestamp
Editor Delivery Events
ststus
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Intermediary Delivery Events
ststus
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ststus
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30 January 2025 | 10'.54
31 January 2025 | 08'.26
31 January 2025 | 08'.38
31 January 2025 | 08'.38
HashedlEncrypted
Security Checked
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Signing Complele
Completed
Payment Events
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Electronic Record and Signature Disclosure

Ele¢troni¢ Record and Signature Dis¢losure Created on.. 01 Decembor 2021 | 15.'25
Parties agreed to.. Steve Hale
ELECTRONIC KLCOKD AND SIG.NATUKE DISCLOSURL (ERSD)
Please read the infom]ation below carefully and thoroughly, and if you can access this
infomiation electronically lo your satisfaction and agree lo Ihis Electronic Record and Signature
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Management International) Data Protection legislation and Rathbones corporate retention policy.
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Rathbone Investment Management Limited is authorised by the Prudential Regulation Authority
(PRA) and regulated by the Financial c.onduct Authority (FCA) and the Prudential Regulation
Authority. FCA Reference number: 116316.
Rathboncs Group PIC - Incorporated and rcgistered in England and Wales. Registcrcd Otrice: 8
Finsbury Circus, London EC2M 7AZ. Rcgistcrcd nunibcr: 01000403.
Rathbone Tnvestment Management International - Rathbone Investment Management
International Limited is not regulated by the Financial Conduct Authority or the Piudential
RLgulation Authority in the UK, nor subject to the provisions of the UK Financial Services and
Markets Act 2000. The Financial Services Act 2012 and the protections afforded by those Acts.
Rathbone Investment Management International Limited is regulated by the Jersey Financial
Services Cominission.
For further information on Rathbones Group PIC and its subsidiaries refer to
www.rathbones.com.