THE GARTH TRUST
Reglstered Charfty number 501315
TRUSTEES. ANNUAL REPORT AND FINANCIAL STATEMENTS
for the year ended
31 MARCH 2024
N WILLIAMSON & CO
Chartered Certlfled Accountants
21 Potter Street
Worksop
Nottlngham8hlre
S80 2AE

THE GARTH TRUST
TRUSTEES. ANNUAL REPORT AND FINANCIAL STATEMENTS
for the year ended 31 MARCH 2024
Contents".
Page
Trustees. Annual Report
Legal & Administrative Information
Trustees Report
24
Financial Statements
Receipts & Payments Accounts
Statement of Assets & Liabilities
Indepond•nt Examlnerfs Report

THE GARTH TRUST
LEGAL & ADMINISTRATIVE INFORMATION for the year ended 31 MARCH 2024
Trustees
G R Adams (Accountant Trustee)
T D Sorby (Solicitor)
D Gough (Vicar)
Registered Charity Number
501315
Principal Address
Sunnyside
11 Sparken Hill
Worksop
Nottinghamshire
S80 1AX
Bankors
Barclays Bank UK PLC
137 Brompton Road
Knightsbridge
London
SW3 1QF
Investment Advisors
Barclays Investment Solutions Limited
1 Churchill Place
Canary Wharf
London
E14 5HP
Independent Examinèr
C Gillatt FCCA
N Williamson & Co
Chartered Certified Accountants
21 Potter Street
Worksop
Nottinghamshire
S80 2AE
This p8g8 forms part of the Trustees, Annual Rep￿t

THE GARTH TRUST
TRUSTEES. ANNUAL REPORT for the year ended 31 MARCH 2024
The trustees present their report and financial slalemenls for the year ended 31 March 2024. The financial
statements have been prepared in accordance with the Charity's constitution and current stalutory
requirements.
Structure, Goverance and Management
The charity is constituted as a trust and was established by the late Alan Godley by a Trust Deed dated
9 June 1971.
The Trust Deed provides thal the Trust shall be managed by three Trustees namely. the Vicar of St Anne's
for the time being. an accountant or solicitor and one person having knowledge of financial matters and on
the death or retirement of any Trustee the statutory power of appointment shall be exercised by the Parochial
Church Council of St Anne's Church. Worksop. The Trustees have power to appoint an additional Trustee
from time to time upon such terms and subject to such conditions as they think fit.
Details of trustees who served in the year ended 31 March 2024 and other statutory information is given on
page 1, which forms part of this report.
Objectives and Actlvltles
The Trustees have full discretion in the management of the investments and assets of the Trust and are
required to apply the income thereof for such charitable objects connected with St Anne's Church Worksop
as the Trustees shall determine from time to time. There are no Specific activities related to these charitable
objects other than the investment of the Chariws endowment funds.
Achlevements and Parfomiance
The aclivities and achievements of the Trust are reflected in the Receipts and Payments Accounts for the
year ended 31 March 2024 and the Statement of Assets and Liabilities at 31 March 2024 as appended to this
Report.
The Trustees consider thal Ihe performance of the Trust this year has been satisfactory in the prevailing
market conditions because income has been sufficient to achieve the main objective of maintaining the level
of distributions.
The headline figures from the financial statements for the year are summarised on page 3.
Flnanclal Review, Rlsk Management. Investmènt Pollcy and Reserves
The trustees have a duty to identrfy and review the risks to which the charity is exposed and the trustees
ensure appropriate controls are in place to provide reasonable assurance against fraud and e￿Or.
In accordance with the trustees, poliGy, the permanent endowmenl funds of the Trust are comprised of a
portfolio of investments currently managed by Barclays Wealth under a Discretionary Management
Agreement. as authorised by the Charity Commission by Order under Section 26 Charities Act 1993.
The Trustees, have adopted a Formal Investment Strategy which is reviewed on a regular basis with Barclays
Wealth. The investment criteria for the portfolio is that it is managed on a discretionary basis. with the
investment objective being a balanced return from income and capital growth. and the Trustees have
elected for moderate risk.
The only other reserves are accumulating income. placed on deposit to earn interest, pending distribution in
accordance with the charitable objects- such distributions being made on an annual basis.
.continued
Thls page fomis part of the Tru51ees' Annual Raport

THE GARTH TRUST
TRUSTEES. ANNUAL REPORT for the year ended 31 MARCH 2024 (continued)
Financial Review (contlnued)
2024
2023
Summary of Oistrlbutable Income
Net Income for the year after Management and
Administration Costs
33.595
34,866
Undistributed income brought forward
42.574
39,292
Net Income available for distribution
76,169
74,158
Distributions during the year for the benefit of St Anne's Church
in accordance with the terms of the Trust Deed
32,618
31,584
Balance of Income to be distributed in the following year
43.551
42.574
Valuation of Investments
The movement in the unrealised gainsl(losses) on investments
during the year is as follows:_
Unrealised gains at beginning of year
ProfiU(Loss) on realisations during the year
127,757
64.790
203,984
1,341
202,643
(74,886)
62,967
71,597
Net increasel(decrease) in unrealised gains during the year
Unrealised gainsl{losses) at end of year
134,564
127,757
The market value of tha Inv•stmant Portfolio as shown by Barclays Wealth's valuatlon
at 31 March 2024 was £1,217,902 (Cost £1,079,673) with unrealised gains of £134,564.
After taking account of acquisitions and disposals since 31 March 2024 the later valuation by
Barclals Wealth as at 30 June 2024 shows that the market value of the Investment
Portfolio was £1,240,641 {Cost £1,093.693) with unrealised gains at that date of £146,948.
Approval
The trustees declare that they have approved the trustees, report above on 21 December 2024.
Signed on behalf of the Charitvs trustees by=
<£
G R ADAMS- TRUSTEE
SORBY- TRUSTEE
This pag& forms part of thg TnJste8s' Annual Report

THE GARTH TRUST
RECEIPTS & PAYMENTS ACCOUNTS for the year ended 31 MARCH 2024
2024
2023
UNRESTRICTED FUNDS
RECEIPTS
Receipts from Assets and Investments
Interest - Fixed Interest Stocks
National Westminster Bank PIC
Dividends - Equities and Unit Trusts
15,498
12,024
19,208
22,552
TOTAL RECEIPTS
34,706
34,580
PAYMENTS
Charitable Activities:
Dislributions in accordance with the terms
of the Trust Deed
32,618
31,584
Governance Costs..
Accountancy charges
1.110
1,050
TOTAL PAYMENTS
33.72B
32,634
NET RECEIPTSI(PAYMENTS) FOR THE YEAR
978
1,946
Cash Funds Last Year End
49,744
47,798
CASH FUNDS THIS YEAR END
50.722
49,744
ENDOWMENT FUNDS
RECEIPTS
Proceeds from Asset and Investment sales
440,505
211,836
PAYMENTS
Asset and Investment purchases
Investment Management charges
436,098
10,588
198,251
10,621
NET RECEIPTSI(PAYMENTS)
(6,181)
2.964
Cash Funds Last Year End
25.336
22,372
CASH FUNDS THIS YEAR END
19.155
25,336
This pag8 fomis part of th8 financial slalements for the year

THE GARTH TRUST
STATEMENT OF ASSETS & LIABILITIES at 31 MARCH 2024
2024
Unrestricted
Funds
2023
Unrestricted
Funds
Endowment
Funds
Endowment
Funds
CASH FUNDS
Barclays Wealth
Barclays Bank PIC
National Westminster Bank PIC
-Instant Saver Account
Current Account
Vicarfs Discretionary Fund
833
49.039
19,156
2,037
47.007
25,336
850
700
50,722
19,156
49,744
25.336
INVESTMENT ASSETS
Investment Portfolio managed
by Barclays Wealth
Cost
1,079,673
1,019,290
Market Value
1,217,902
1,147.047
LIABILITIES
Investment Management charges
Accountancy
2,711
1,110
3,821
2,659
1,110
3,769
Approved by the Board of Trustees on 21 December 2024
and signed on its behalf by-.
G R ADAMS- TRUSTEE
T D SORBY- TRUSTEE
This page forms part of the financial slalem8nts for the ￿ar.

THE GARTH TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
OF THE GARTH TRUST
I report on the accounts of the Charity (registered charity number 501315} for the year ended
31 March 2024 which are set out on pages 4 and 5.
Respective responsibilities of trustees and independent examiner
The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider
that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act") and
that an independent examination is needed.
It is my responsibility to-.
examine the accounts under section 145 of the Charities Act,
follow the procedures laid down in the General Directions given by the Charity Commission {under
section 145(5llb) of the Charities Act), and
state whether particular matters have come to my altention.
Basis of independent examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in
the accounts. and seeking explanations from the trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is
given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set
oul in the statement below.
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause
to believe that in. any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records.. or
the accounts did not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair, view which is not a matter considered as part
of any independent examination.
I have come across no other matters in connection with the examination to which attention should be
drawn in this report in order to enable a proper understanding of the accounts to be reached.
C Gillatt FCCA
For and on behalf of
N Williamson & Co
Chartered Certified Accountants
21 Potter Street
Worksop
Nottinghamshire
S80 2AE
21 December 2024