THE GENERATION TRUST
Report and Accounts
5 April 2023

Tho Generatlon Trust
R•port and accounts
Contènts
Cuhftow

Th• Goneratlon Trust
Trust Infonnatlon
Tru•t•
Mr R J B Mtylb&*8
Mi8$ M Simps
Mr T K Yourg
Mr M Rusl8d
Dr M M RANtal
Ch•rlty numb•r
Tun￿ Wd
Kln* 0Tr1 CcfflF￿Y Umltod
Redbum Road
Nw4vcath up¢￿
NE5 1NB

Tho GO￿ratIon Trust
Tyustaos. report
IntrOduc￿On
Thè charlty* arn Ilb? adV￿ceman1 crf th8 Clvknkn and I￿ reltof (rf P0￿rty. BIrkn￿ aTKI
Publ1¢ b•nrfrt
The ch8rTty18 4 ty8nt maklw body ond all of #8 Inojno arvj mudb of tho roB•r¥66 annually to
Thé thMt888 th6t trthy aJmFknJ Il* rwp*wn•nl8 of 17 of th8 Chartll05 Act 2011 to
h8vo duo rty8rd tr) the widanco by thè Charfthi cC4))M￿lan f(Y England arnl
Grqnt m•klng pollcl••
The trustsets me6t 8nryJ•lty to dIs(x￿8 grnnts •Trl lo pn)po8als frC￿ fgllow tru•tegs. The rela￿ve
mwlts of WOPLWI are dxuss•d ffl dopth aryeem￿t r88r1￿d on PVOF(*d8 to 8UPP)rt, dedlne
OT rof6T.
Th6 tJu8tè85 ma(Je grants of £53.5W 4*wlng th? yw. Calh Wd• avdlablfr to support maklng wNIo
adhthtrw to the r060M manl1(￿Dd bolw.
A *4th a Val￿t￿ of £170.IXX) wa8 dorAknS kn the dwlty.
nandal r•vl•w
Durfng tho th& rontal kK¥8e*d by rJ.420 to £27.328. IXxlng lh8 Jvar £182.500 In
donations recelved, £170.rKxi d thlry Twas Iho of a lo Ihe m&*e av8llat4e
Durfng tho year. the charftys total eXr￿lI￿￿O incrn86ed by £47,924 to £61,876. Th18 duo
grants mada of £53.5￿. c¢yJttwed by a dow$8 In tKopwty rnpalr ¢oBts (£6200) and a decrea8e In
property relatod legal fo8s1£735).
Tho ol the at 5 ￿ 2023 was £534.12D
p￿n% for futyrn p•rlod•
Thg anwgl In￿¥n0 of thè try￿t its •xpocl8d lo at th18 la￿1 15 #oltl. Th18 •h￿Id
Tho Tn￿tea8 conllnue to th8 State of the stsdont lelling market ￿ NvMGaslla ond, Fn the medlum

The Gan•rallon Trust
Trust•o$' report
Th• tharfty Is controw by Its 8 do￿1 af tsurt and Is as an unin¢ryrat•d
charity. The Ic￿1£d ￿ 26th OGtd)ar 1973 Imder a d8(aara11￿ trust Ch&rflabie status was
obtalrwj on 21st Jarnwy 1974.
Tm8toe8 aro appjirrtod f*x an lthfinlt• terni artd tt Is r8r8 trot n6w tr￿te05 are appdntsd. Th8 truBt deed
provide8 that new tNsts88 ￿ apy)iTrtfjd *l)an ts numtsw d tnJ8te8s f8118 bal(Yw
li h th8 polky dwltykn nf4¥ tr￿1￿¥ 4 w>y crfthe laotoot annual rowt WKI acwunts and
Frnud and emy
The trustees ha￿ 8 (*Jty to Idwthy the rhkl to *thlch th• d)8rfty li 0xp￿d and to •n•ur8 that
doposlt lakw8 4nd In&truc¥ons Tr4uke alyovd bYts￿ 8WthI88.
The Gèner8ti(n Tn￿t ( tho trirt tho clwlty) h a r•g￿ed (rtyl8trakn numbor 502885).
Tho charlty 1$ •Jm1n1thr￿ by 8 boBnJ of tru8tee8 moot togothor rm a regular bas1$.Th• trust•￿ appolnt
a ￿￿1r wwwally. Th• tru¥te08 haNY aL￿ r￿)InAted (Th truBtse es thg wretsry and as the trea6Ufgr.

Tho Generatlon Thjst
Trustees" roport
and the 8pplICa￿e18W * rewlaknts.
law appiic8t4e to thariti88 loqu￿￿ tho lo wepve the fm*)dd 8tatern￿ for each fln8nclal
ar whith give a and fair of the ataté of affalrn of the ctr*rity aThJ of ts inryThing resourG8s and
are rwutr•d to:
. ¥elect sumablo acwirdlng w*y It￿ ¢￿*t￿nty.
. ob8erye Ihe Moth￿1$ Arml rAlndth In Ihg Chwlllos SORP.
. make judgem￿ts an¢J 8sthnates that arg rwmat4•
. •tat• wheth•r applic4ble acc¢)undrYJ 8taThJwds bean IL4bJw•d. wwt to ary materfAI dyrtur08
disclowl and explain•d in Ihg statemeftts. and
. preparn the flnancial 81atemgnl8 on thfy gokng ¢ffic4m bath ml•s8 tt IB knapywrlato lo pr•8wno thattho
charty*lll ¢xYrtlnue kn
at any tlme th• financtsi Kth1b￿ of the ChA￿ty and onoL48 th8m to 8n8ur8 ihat tha financLql 8tatements
Imply wlth the CharlU66 Ara 2011, Ihe op￿Icabl• Chartuw Ipmymts and RepNtB) Regul￿OrrO , and the
slonB of tho ￿n8￿￿atk)n. The In￿1005 8rn re•pon￿bI* fty ¥afryugrdlng Iho aB80ts of th• choTIty
aol.....Ji*e4)d on ft8 b•PAfby.
rfjwt apwtyrtd by the Trtmt C￿ ..
ul
Mf T K Young

The Generatlon Trust
Indop•ndent Examln•V5 R•port
I W on Iho 0(*ounts ￿the Tru¥ttsth8 2023. ar8 s* out L¥7 pag8B 8 to 14.
R••poctl¥• Mpon•lblMll•• of th• Trn•t and th•
s members of Ihe Tnbst ￿ are tho weporth rrfth8 accounts. Th• Tru•tfj8S C4x)slder that
an oudtt IB not rnqulred f¢Y INS y urMleT 144(2) of th• C4wtttes Aca 2011{Ih8 2011 Arf) and that
an b)depondort oxwnkna¢kn l¥
It Is myrwth•lt411ty to:
' tho accounts uTrJw 145 fl I￿ 2011 Art
. ts foN(pw the WDc•duros laid in Gwwal DY•cli￿A 95￿ ty th• Charity Comml$8loner (under
88Ctkn 145(51(b) of th9 2011 Act): and
Bail• of th1• In*ndmtt •xamln•f• r•port
My &x8miMti(m Wa8 carrled rAt thg tknclkrn by tho Charfty
Commknioner. That ex￿Inall¢￿ kbdudes a revi￿ Lrf the records kopt by Ihe Trust and
YnparI￿ ol the accomts wllh th090 [￿X￿￿8. It akn I￿￿J￿1 ￿nB[do￿n4 any unusual or
dltsdosures In Iho Jccwnt8 sookwwJ 8xplwwth from a8 Tru8tO8ts COn￿lnU ary Such rnatter8.
The tyocthluros undwtakfjn do nrt &Yo¥kl8 811 Ihe Ihat *ould be requlrBd In ￿ audlL and
¢tt￿8qu￿ty. oplnlon16 fv180 to ￿t￿ther tho •ffj)unts falr And the rgwi14
ts) th0￿ maltern sot wt In th•
Slnce th• gr￿ incomg for thè )wr •xc••d8 Iho kn 8eLllon 146(3) of th• Art l ¢onfimi that
l am qu81111od ts) act as Ind0pwKknrt Examknw ￿N18r the of that 8e(thn crf AL* and that my
qUaUfi￿lI0n 18 a8 ¥1mY￿ b81tr#.
' whlch me reason•￿e Gausg to befwve that in any materi81 respgcithe Toqulromtr
(a) lo keep accryjnty rec(￿8 In ac¢udance secllon 130 ofthe 2011 ACL. and
tr+*
Ib) to pr•pwo o(xounts a(>x¥d thlth tho r•c•rds and to cxwn￿Y wlth tho accounung
rw4ulrwn•its ol 2011 nc¢ I)￿ me(
. to whlL*. In my cylnk)n. alterth￿ Should b8 drawm h) ordw to undef8iaThllrq of th•
Mal L C Hons. FCA
nnair and c￿l￿nY Lxnlknl
Charter9d A(x>)urrtants
ton House
N8wca6Ue Uwi Ts
Sol-,1

The Ganeratlon Trust
8tatom¢rrt of Flnandal AGtlviti
for tha year end•d 5 ￿rI1 2023
Total
funds
2022
fund
nds
V￿Unt￿ hcome
182.5(M)
182,500
27.328
23.906
23,906
Exp•ndlturn
- R•181rrfJ funds
. Charitabla aco
6,314
8,314
55,562
11.924
2,028
Tot•1 •xp•ndllur•
61,876
61,878
13.952
N•t Incoffl•
b•for• Inv••knnt g•kn•
147,950
147.950
N•t mov•m•nt In fvn
147,950
147.950
9.954
lund8 lrnrd
386,170
386.170
378,216
Th8 Trust hu no recognlwl tOBseB (th¥1h￿ In Slat•m•nt of Ac￿¥111•&.
All ol tho ol the Trusl arg clwwj as

Th8 Gen•ratlon Trust
Balancè 8h••t
as at S Aprll 2023
Tangiblfr asJ8ts
519.414
347,879
2,915
12.619
15.534
315
Cash at bank orn1 In twxl
Crndftorn: am￿￿¢• falllno du•
wtthln on• y••Y
10
<378)
14.706
38,291
388,170
Funds
Unr65trict6d ftmd&'
- G•n•ral Fund
534.120
634,120
380.170
388,170
Tplal Tfu•t fund•
534.120
MrTKYowg

The Genaratlon Tnmt
Cash Flow Statoment
for th• yoar ondfjd S 2023
2022
11
{25.735)
8.924
In ca•h •Trd ¢aBh •qufv•l•nts In lh• r•￿
p•rlod
{25,735)
29.430
Ca•h •nd ￿¥h •qulv•lwts •t 5 X23
12.619

The Generallon Trust
NoteB to th• Accounts
for the yur and•d 5 *¥rf12023
1 knounllng poM¢l••
Ropyling by Chants5: Statemont of Rocxxnmerthj Pr8dk• a&yllc*le to thwllles weparing thelr
accounts In a￿ldanC* vAlh tha FinarrA81 Standard applKabl• in th? UK Republk of
Irth￿ (FRS102) (ChariU88 SORP (FRS102J) arKI Charlll8s Act 2011.
Thè Genwabon TnAt rneots tha of a bonefil FRS 102. Assets and
rdovant ¥￿tIng F￿1¢Y not&.
matsrial uncwiatrths rolaknl to c¢ 0￿di1￿# that may c48t 8lgnlknl dwbt on the ablllty of
the chartty to ¢x*btlnue a8 a gdng CL￿Nn. Tho 1rust￿ mako Ihi• 8WBsmwrt (rf 8
oMcludod that th• chathy h•$ •d￿u8¢0 rfj8(MJrcw to conl*wg kn oporaknal exb¥l8n¢e for tho
frr88eatA8 future and there arn M malw￿1 uncwtalrtkn ab(yJt th8 Ch•fftl8 ¥*illty to contine a8 a
golng c￿C￿Th. thus thoy ¢onUnue lo •kpt th• (xxwn b4118 of acc(￿lIng In th•
Incom•
Voluntary hKome18 rwn188d kn Ihg llwdal •tatan•)ts thth•n 11 l• ro¢olb*d, or on an
115 wh•rn b• 888urad wialnty 18 by the balonco sheèt
d8t•. Income tax I￿￿¥¥r￿l￿O on YO￿111$ry donallcrffj ki In tho Ilnardd ¥tat•m•nt•
vthèn It 18 rgGfjfvable fr(xn HM Re¥￿u¢ oThJ Cu810rn8.
All cAh8r rn6ourcos are Indudad In tho sialWn￿t of flnanclal a cash re¢dvod
ba818 an acc￿￿￿$ bo8Lg t•*￿9 tlw Arn 88surwl Vthlth reasonablg c*rtainty and rgc*lvable by
All 0xp￿￿re Is rwn18•d onca thwe18 8 or oblgafkffj to th• eXp￿)j￿￿r8.1lIS
prob8bto Ihot 8etdwnent 18 requSr8d and tho am(xmt Can bg moa8w•J re119bty. All co8ts
alknatsd kn tho arolic8ble Ih•t agwate thillar (x)6ts lo thal catepory. Where c08ts
Cannot bg dlreclly atribuknl to thg l*dky h•v• twn •lkKatsd on a bui8
R•islng fimds
IrKAfred in tr8dirvJ Ihat raise funds.
Chorllable expendth comprfses thcm c(xts kn(yJrred by the d￿Y In the dolNtiry of tts aollvlU88
and servw for ks twifK48th. It bolh costs th81 be alk)cated dir* to 8uch

The G•noratlon Trust
Notss to the Accounts
for th• y•ar •ndod S Aprfl 2023
Pro¥is1¢y￿ fcy grants we mado knbntkn to m8k8 the warrt has ¢>)mmunlc3tpd to
pay8L4&.
uirements, rKkwJiTra authL stral•gic m￿agement and Inth. ffwllng5 and r91n*ursgd
InGurrwJ.
Investrnenl proporty 18 held at fglr Yakn. dOrt￿d fwan m•fft•t oxnparnblo
r•al 9stata#. adlu8t8d If ngrnYB8ry f(Y diffwwKe8 In the l(K*on or corthlon of th•
amortlwl Go8t the offg¢tfvo IntTht moth(￿. 1888 wovtsknl ft>r Impalrmth)t. A FYov*lon f¢v
the Impaknifytt Is e8tabMBhod therg 18 Obj￿ thidenco tt￿t *11 b• ablè to
col*t dl amounts duo acconlw tt> the or151r￿$ temis d lh8 r6c8fvth.
Cash and ¢uh •qlv•l•nts
Cash and ca8h equfvalents comwtse hwd aTrJ doPQ81ty, short twm hi9Ny
Ilquld Inv88lrnwth thal are roadly t• a amcAWrt of caBh am wblacl to an
SI￿ rtBk af In ¥￿.
valu•.
T4x•don
Thg Cwbty is fmrn In(XA7￿ Tax ffj Its tnrt Is r￿1 •xfjmF* fm Valu•
Added TaK IrrwoYMablv VAT O tho 0fth0￿ Itom8 kn ¥hlth11 rdat88.
FundaccothTrthy
Unrethcted inctxfte fund8 are gwal fwKIB thst we av•knbl• for u80 at Inwta89' di8cr6tion In
10

Tho Goneratlon Trust
N¢)t•s to the Accounts
for th• yèar and￿ 5 Aprfl 2023
20rJ
2022
Total
Donatbon of
Gfft aid
170.C
12.￿0
182.500
170.000
I2,$￿)
182,SCK*
20fJ
Totsl
2022
TotAI
23.908
23.908
4 ExpwbdI￿1• an fund•
2023
Unr•8trlct•d
Total
Z361
228
9,335
11,924
Iniurance
447
3,134
447
1134
2023
2023
Total
Lggal and fgos
Govemanca c06t8
D(ThUon8
1.126
1.126
378
2022
378
378
11

The Gonernllon Tn￿(
Not•s to thg Accounts
for tho year •nd•d 5 Aprll 2023
7 Grant m•thl
2022
Grants apwTh•d
2023
2022
N•m• of In•thrtlon
AD South Sudan
Arab World K4ini8ts1•8
4.500
1.000
Chrf8Uon Boc*s w￿ld¥s￿de MaW of ChaTll8ble grants
off86 Tots (Tlwee Sptrgs)
MakkN of Charita￿0
El8wl¢k Portsh c￿
Glob81 Care
Hdlmlsalon
2,000
ma￿n9 of Charltawè wants
Mak￿￿ ol ChttritolAo granls
1,000
Juncuon 42 Frrtwthl
L8rt So Wat
Lov* 8urundl
Mjkkng of Chttrtt8ble grant8
Maklrwj of Ch•rit8blo wants
Charflable gr
Mets8age Truot
Navaloev8na
e•glMlna8 Chorlt*Jl• F
Safe Fftmllles for ChS1¢tr4n
S¢ottTrsh Blbl• So
Scrfplur• Unlon
&rfpt4Ke Unbon (Scof￿d)
UCCF
M•klng of CharttaL4fr wants
Maklng of ChaTW8 grants
MaklTrJ of CharttAt48 9r8nts
cl Charllablg
Maklw of CharttA1￿& gran
M&4lng of Ch•ritstrAe glan
M*irvJ of Charitable grants
12

Tho Gonorallon Trust
Notss to th• Accounls
for the y••r ended 5 2023
4 T•nglbl• Ilx•d ••••l•
FT•ohold
land
bylldlngl
At 6 Arrfll 2022
Addluor
347,879
171,535
519414
AtSW2023
D•pMdatlon
At e Aprd 2022
At S Aprl 20rJ
Il•t book v•lu•
At 5 Aprll 2078
AtSW2022
519,414
347,879
542,445
9 D•blarn
2022
315
111 Cr•dltorn: •r￿Unts f•llng du• wlthln on• y•
2023
2022
378
11 R•¢onelllatlon of not Incom￿(0xP￿dRur•) to ¢••h
2023
Net incrynd{8xp9ndltur•) fty ry￿￿ng {88 pwtho
5ts1ement of flnandal actl
Non rash don•1
R8v8luatlon of wDp6rty
{Incroasél I dKrgw h debtorn
147.950
{171.$35)
(7891
(2001
(611
P.6(KJ)
Not ¢uh [u￿d In ) I wovlW by •olhRI
25.735
&924
13

The Generallon Trust
Noto• 10 the AGGount•
for tho y￿r ond8d 5 Aprfl 2023
th• ywr.
No TN8t889 r￿oI¥8d any rem￿￿￿￿ ia)21' £NILI
Tru¥toe.
Mr M Ilugtsd donated a w01￿Y Valu￿ at £170.(XKI lo ts Tn*L £10.lYJO to th•
Trust and £2.500 9ft ald tsx w•8 on IL
14
Th8 woperUg8 •rn man8gwJ tyYdtx4m Prry)wUgs, • Ix¥n￿nY (wrtrrAl•d ty Mr Ru81ad and h18
P•mi5tt8d tyth8Tnffjt Dood Odobw 19TJ
14