## **LADY DOROTHY GREY'S FOUNDATION**
**(CHARITY REGISTRATION NUMBER 508900) TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR TO 31ST MARCH 2024**
## **CONTENTS**
|1-2|Trustees annual report|
|---|---|
|3|Receipts and payments account|
|4|Statement of assets and liabilities|
|5-8|Notes to the financial statements|
|9|Independent examiner's report|
**Page 1**
## **LADY DOROTHY GREY'S FOUNDATION**
## **TRUSTEES ANNUAL REPORT**
The Trustees present their report and statement of account for the year ended 31st March 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
|Charity registration number:|508900|
|---|---|
|Correspondent:|Richard E Jones, BSc (Hon), MCIBSE|
||Batfield House|
||Batfield Lane|
||Enville|
||Stourbridge|
||DY7 5LF|
|Governing instrument:|Trust deed dated 22nd November 1978|
|Trustees:|Richard E Jones|
||Michael Snelson|
||John Redwood|
||Peter Williams|
||Diana Williams|
||Victoria Wilson Cllr|
||Paul Wooddisse|
||Martin Poole|
|Bankers:|CAF Bank|
||25 Kings Hill Avenue|
||Kings Hill|
||West Maling|
||Kent|
||ME19 4JQ|
|Investment advisers:|EFG Harris Allday|
||33 Great Charles Street|
||Birmingham|
||B3 3JN|
|Independent examiner:|K V Staley, BSc, FCA|
||Geens Limited|
||Graphic House, 124 City Road|
||Stoke-on-Trent|
||ST4 2PH|
**Page 2**
## **LADY DOROTHY GREY'S FOUNDATION**
## **TRUSTEES ANNUAL REPORT (CONTINUED)**
## **REVIEW OF THE YEAR:**
The income for the year (excluding receipts from sale of assets) was £43,593 (2023: £46,992). Expenditure (excluding purchases of assets) was £48,719 (2023: £37,132). Sales of investments in the year generated £129,612 and purchases of investments totalled £125,633. This results in a net decrease in reserves of £1,147.
## **OBJECTIVES AND ORGANISATION:**
The object of the Charity, in accordance with the Trust Deed dated 22nd November 1978 is the education of persons who have not attained the age of 25 years, who, in the opinion of the Trustees, are in need of financial assistance and who are resident in, or have parent(s) resident in, the parish of Bobbington, the parish of Enville or the parish of Kinver, but preference for those who are resident in, or who have parent(s) resident in Enville.
## **FINANCIAL POSITION:**
The Trustees consider that the overall financial position is satisfactory and are pleased to report 23 donations to individuals were made during the year.
## **PUBLIC BENEFIT:**
The Trustees of the Charity are aware of the Charity Commission’s guidance on public benefit and have had regard to it in the administration and activities of the Charity.
## **POLICIES:**
The investments of the trust have been selected to provide a balance between growth and income as recommended by the investment advisers.
The income reserves of the charity are reviewed regularly and are maintained to retain a level of funds available for urgent calls upon them and for identifiable future projects.
## **TRUSTEES**
The power of appointment of new trustees is vested in the existing Trustees.
The Trustees' annual report and financial statements were approved on 18 November 2024 and signed on its behalf by
## ___________________________________ **P B WILLIAMS Trustee**
**Page 3**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **YEAR TO 31ST MARCH 2024**
|**Note**
**RECEIPTS:**
**Income receipts:**
**Income from deposits:**
Wayleave
Bank Interest Received
CAF Bank - Shepherd/ Farm Shop
**Income from quoted investments:**
Income from investments sold
3
during year
Income from investments held at
5
year end
**Total income receipts**
**Other receipts:**
Sale of investments
3
**TOTAL RECEIPTS**
**PAYMENTS:**
**Direct charitable expenditure:**
Grants made
2
**Other expenditure:**
Purchase of investments
4
Return of prior year amounts received in error
Independent examiner's fees
Bank charges
Brokers Fees
Secretarial expenses
**TOTAL PAYMENTS**
**NET RECEIPTS /(PAYMENTS) FOR YEAR**
Cash and bank balances at 31st March 2024
**CASH AND BANK BALANCES AT**
**31st March 2024 (page 4)**|**2024**
**£**
10
428
1,200
2,144
39,811
43,593
129,612
173,205
42,000
125,633
806
80
5,719
114
174,352
(1,147)
64,199
63,052|**2023**
**£**
10
99
2,107
8,866
35,910
46,992
570,554
617,546
31,350
561,155
-
765
87
4,930
-
598,287
19,259
44,940
64,199|
|---|---|---|
**Page 4**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **YEAR TO 31ST MARCH 2024**
|**Note**
**MONETARY ASSETS:**
**Cash and bank balances:**
CAF Bank
EFG Harris Allday - Earnings account
EFG Harris Allday - Deposit account
**INVESTMENT ASSETS:**
At cost at 31st March 2024
5
Market value at 31st March 2024
5
**LIABILITIES**
Other Creditors
6
Accruals
7|**2024**
**£**
51,292
10,976
784
63,052
941,666
775,814
3,640
810
4,450|**2023**
**£**
48,695
11,874
3,630
64,199
950,365
818,460
2,440
765
3,205|
|---|---|---|
The Trustees acknowledge their responsibilities for the preparation of the financial statements and for providing all the information and explanations necessary for their preparation.
The financial statements were approved by the Trustees on 18 November 2024
___________________________________ **P B WILLIAMS Trustee**
**Page 5**
**LADY DOROTHY GREY'S FOUNDATION**
**(CHARITY REGISTRATION NUMBER 508900)**
## **NOTES TO THE FINANCIAL STATEMENTS**
**YEAR TO 31ST MARCH 2024**
## **1 ACCOUNTING POLICIES**
## **a) Basis of Accounting**
The financial statements comprise a receipts and payments account together with a statement of assets and liabilities in accordance with section 133 of the Charities Act 2011.
## **b) Funds of the charity**
Funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds for use at the discretion of the Trustees.
|**2**
**GRANTS MADE DURING YEAR:**
Grants to individuals
Grants to institutions
**3**
**OTHER RECEIPTS:**
**Sale of investments:**
Abrdn Diversified Income and Growth PLC
Ordinary 25p Shares
Abrdn OEIC World Income Equity
Growth Shares
UK Gov. Treasury Stock
5% Bond 2025
WS Guiness Investment Funds Global Equity
Class Y Shares|**2024**
**2023**
**£**
**£**
42,000
31,350
-
-
42,000
31,350
**Sale**
**proceeds**
**Income**
**£**
**£**
27,834
1,980
72,781
164
2,717
26,280
129,612
2,144|
|---|---|
**Page 6**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR TO 31ST MARCH 2024**
## **4 OTHER EXPENDITURE: Purchase of investments:**
## **£**
|Greencoat UK Wind PLC
Ordinary shares
SDCL Energy Efficient Income Trust
Ordinary shares
Troy Trojan Income Fund
Ordinary shares
UK Treasury 4.125% Stock 2027
Fixed Interest shares
VH Global Sustainable Energy Opportunities PLC
Ordinary shares
WS Guiness Investment Funds Global Equity
Class Y Shares|18,246
9,365
8,531
29,777
7,140
52,574
125,633|
|---|---|
**Page 7**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **YEAR TO 31ST MARCH 2024**
|**5**
**INVESTMENT ASSETS**
BBGI Global Infrastructure
37,500 Ordinary shares
Digital 9 Infrastructure PLC
43,000 Ordinary shares
Dunedin Income Growth Investment Trust
25,000 Ordinary 25p shares
GCP Infrastructure Investments Ltd
60,000 Ordinary 1p shares
Greencoat UK Wind PLC
12,500 Ordinary 1p shares
GSK PLC
2,000 Ordinary 31.25p shares
Middlefield Canadian Income PCC
25,000 Ordinary shares
Primary Health Properties Plc
50,000 Ordinary 12.5p shares
RM Secured Direct Lending Plc
30,000 Ordinary shares
RTW Venture Fund Ltd
50,000 Ordinary shares
SDCL Energy Efficient Income Trust
50,000 Ordinary 1p shares
Taylor Maritime Investments Ltd
50,000 Ordinary shares
Treasury 5% Stock 2025
£62,500 Fixed Interest shares
Tritax Big Box REIT Plc
27,500 Ordinary 1p shares
Tritax Eurobox Plc
27,500 Ordinary shares
Troy Trojan Income Fund
50,000 Ordinary shares
Twentyfour Income Fund
50,000 Ordinary 0.5p shares
Treasury 4.125% Stock 2027
£30,000 Fixed Interest shares
VH Global Sustainable Energy Opportunities PLC
30,000 Ordinary 1p shares
WS Guiness Investment Funds
20,000 Class Y Shares|**On**
**Market**
**acquisition**
**value**
**Income**
**£**
**£**
**£**
58,321
48,750
2,889
47,600
9,632
645
71,706
69,750
3,425
66,748
43,380
4,200
18,246
17,388
429
28,531
34,172
1,115
24,606
25,425
1,306
63,502
46,875
3,375
29,267
22,650
1,463
72,703
52,203
49,285
29,550
2,397
47,617
38,500
3,171
63,200
62,646
2,999
45,392
43,230
1,444
28,843
14,933
1,179
83,507
84,740
2,554
56,971
52,400
5,230
29,777
30,014
235
29,558
20,580
1,254
26,287
28,998
501
941,666
775,814
39,811|
|---|---|
**Page 8**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **YEAR TO 31ST MARCH 2024**
|**6**
**CREDITORS**
Other Creditors
**7**
**ACCRUALS**
Independent Examiner's Fee|**2024**
**2023**
**£**
**£**
3,640
2,440
3,640
2,440
**2024**
**2023**
**£**
**£**
810
765
810
765|
|---|---|
## **8 TRUSTEES REMUNERATION AND EXPENSES**
No remuneration, directly or indirectly, out of the funds of the charity was paid or payable for the year to any Trustee or to any person or persons known to be connected to them.
**Page 9**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
I report on the financial statements of the charity for the year ended 31st March 2024, which are set out on pages 3 to 8.
## **Respective responsibilities of Trustees and Examiner:**
The charity's trustees are responsible for the preparation of the financial statements. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed.
It is my responsibility to:
- examine the financial statements under section 145 of the 2011 Act,
- to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report:**
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 financial statements presented with those records. It also includes consideration of any unusual items of disclosures in the financial statements, and seeking explanations from you as 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 financial statements present a 'true and fair' view and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement:**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep proper accounting records in accordance with section 130 of the 2011 Act; and
- to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
## **K V Staley, BSc, FCA Chartered Accountant**
**Geens Limited Graphic House 124 City Road Stoke-on-Trent ST4 2PH**
**Date: 18 November 2024**
## **LADY DOROTHY GREY'S FOUNDATION**
**(CHARITY REGISTRATION NUMBER 508900) TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR TO 31ST MARCH 2024**
## **CONTENTS**
|1-2|Trustees annual report|
|---|---|
|3|Receipts and payments account|
|4|Statement of assets and liabilities|
|5-8|Notes to the financial statements|
|9|Independent examiner's report|
**Page 1**
## **LADY DOROTHY GREY'S FOUNDATION**
## **TRUSTEES ANNUAL REPORT**
The Trustees present their report and statement of account for the year ended 31st March 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
|Charity registration number:|508900|
|---|---|
|Correspondent:|Richard E Jones, BSc (Hon), MCIBSE|
||Batfield House|
||Batfield Lane|
||Enville|
||Stourbridge|
||DY7 5LF|
|Governing instrument:|Trust deed dated 22nd November 1978|
|Trustees:|Richard E Jones|
||Michael Snelson|
||John Redwood|
||Peter Williams|
||Diana Williams|
||Victoria Wilson Cllr|
||Paul Wooddisse|
||Martin Poole|
|Bankers:|CAF Bank|
||25 Kings Hill Avenue|
||Kings Hill|
||West Maling|
||Kent|
||ME19 4JQ|
|Investment advisers:|EFG Harris Allday|
||33 Great Charles Street|
||Birmingham|
||B3 3JN|
|Independent examiner:|K V Staley, BSc, FCA|
||Geens Limited|
||Graphic House, 124 City Road|
||Stoke-on-Trent|
||ST4 2PH|
**Page 2**
## **LADY DOROTHY GREY'S FOUNDATION**
## **TRUSTEES ANNUAL REPORT (CONTINUED)**
## **REVIEW OF THE YEAR:**
The income for the year (excluding receipts from sale of assets) was £43,593 (2023: £46,992). Expenditure (excluding purchases of assets) was £48,719 (2023: £37,132). Sales of investments in the year generated £129,612 and purchases of investments totalled £125,633. This results in a net decrease in reserves of £1,147.
## **OBJECTIVES AND ORGANISATION:**
The object of the Charity, in accordance with the Trust Deed dated 22nd November 1978 is the education of persons who have not attained the age of 25 years, who, in the opinion of the Trustees, are in need of financial assistance and who are resident in, or have parent(s) resident in, the parish of Bobbington, the parish of Enville or the parish of Kinver, but preference for those who are resident in, or who have parent(s) resident in Enville.
## **FINANCIAL POSITION:**
The Trustees consider that the overall financial position is satisfactory and are pleased to report 23 donations to individuals were made during the year.
## **PUBLIC BENEFIT:**
The Trustees of the Charity are aware of the Charity Commission’s guidance on public benefit and have had regard to it in the administration and activities of the Charity.
## **POLICIES:**
The investments of the trust have been selected to provide a balance between growth and income as recommended by the investment advisers.
The income reserves of the charity are reviewed regularly and are maintained to retain a level of funds available for urgent calls upon them and for identifiable future projects.
## **TRUSTEES**
The power of appointment of new trustees is vested in the existing Trustees.
The Trustees' annual report and financial statements were approved on 18 November 2024 and signed on its behalf by
## ___________________________________ **P B WILLIAMS Trustee**
**Page 3**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **YEAR TO 31ST MARCH 2024**
|**Note**
**RECEIPTS:**
**Income receipts:**
**Income from deposits:**
Wayleave
Bank Interest Received
CAF Bank - Shepherd/ Farm Shop
**Income from quoted investments:**
Income from investments sold
3
during year
Income from investments held at
5
year end
**Total income receipts**
**Other receipts:**
Sale of investments
3
**TOTAL RECEIPTS**
**PAYMENTS:**
**Direct charitable expenditure:**
Grants made
2
**Other expenditure:**
Purchase of investments
4
Return of prior year amounts received in error
Independent examiner's fees
Bank charges
Brokers Fees
Secretarial expenses
**TOTAL PAYMENTS**
**NET RECEIPTS /(PAYMENTS) FOR YEAR**
Cash and bank balances at 31st March 2024
**CASH AND BANK BALANCES AT**
**31st March 2024 (page 4)**|**2024**
**£**
10
428
1,200
2,144
39,811
43,593
129,612
173,205
42,000
125,633
806
80
5,719
114
174,352
(1,147)
64,199
63,052|**2023**
**£**
10
99
2,107
8,866
35,910
46,992
570,554
617,546
31,350
561,155
-
765
87
4,930
-
598,287
19,259
44,940
64,199|
|---|---|---|
**Page 4**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **YEAR TO 31ST MARCH 2024**
|**Note**
**MONETARY ASSETS:**
**Cash and bank balances:**
CAF Bank
EFG Harris Allday - Earnings account
EFG Harris Allday - Deposit account
**INVESTMENT ASSETS:**
At cost at 31st March 2024
5
Market value at 31st March 2024
5
**LIABILITIES**
Other Creditors
6
Accruals
7|**2024**
**£**
51,292
10,976
784
63,052
941,666
775,814
3,640
810
4,450|**2023**
**£**
48,695
11,874
3,630
64,199
950,365
818,460
2,440
765
3,205|
|---|---|---|
The Trustees acknowledge their responsibilities for the preparation of the financial statements and for providing all the information and explanations necessary for their preparation.
The financial statements were approved by the Trustees on 18 November 2024
___________________________________ **P B WILLIAMS Trustee**
**Page 5**
**LADY DOROTHY GREY'S FOUNDATION**
**(CHARITY REGISTRATION NUMBER 508900)**
## **NOTES TO THE FINANCIAL STATEMENTS**
**YEAR TO 31ST MARCH 2024**
## **1 ACCOUNTING POLICIES**
## **a) Basis of Accounting**
The financial statements comprise a receipts and payments account together with a statement of assets and liabilities in accordance with section 133 of the Charities Act 2011.
## **b) Funds of the charity**
Funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds for use at the discretion of the Trustees.
|**2**
**GRANTS MADE DURING YEAR:**
Grants to individuals
Grants to institutions
**3**
**OTHER RECEIPTS:**
**Sale of investments:**
Abrdn Diversified Income and Growth PLC
Ordinary 25p Shares
Abrdn OEIC World Income Equity
Growth Shares
UK Gov. Treasury Stock
5% Bond 2025
WS Guiness Investment Funds Global Equity
Class Y Shares|**2024**
**2023**
**£**
**£**
42,000
31,350
-
-
42,000
31,350
**Sale**
**proceeds**
**Income**
**£**
**£**
27,834
1,980
72,781
164
2,717
26,280
129,612
2,144|
|---|---|
**Page 6**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR TO 31ST MARCH 2024**
## **4 OTHER EXPENDITURE: Purchase of investments:**
## **£**
|Greencoat UK Wind PLC
Ordinary shares
SDCL Energy Efficient Income Trust
Ordinary shares
Troy Trojan Income Fund
Ordinary shares
UK Treasury 4.125% Stock 2027
Fixed Interest shares
VH Global Sustainable Energy Opportunities PLC
Ordinary shares
WS Guiness Investment Funds Global Equity
Class Y Shares|18,246
9,365
8,531
29,777
7,140
52,574
125,633|
|---|---|
**Page 7**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **YEAR TO 31ST MARCH 2024**
|**5**
**INVESTMENT ASSETS**
BBGI Global Infrastructure
37,500 Ordinary shares
Digital 9 Infrastructure PLC
43,000 Ordinary shares
Dunedin Income Growth Investment Trust
25,000 Ordinary 25p shares
GCP Infrastructure Investments Ltd
60,000 Ordinary 1p shares
Greencoat UK Wind PLC
12,500 Ordinary 1p shares
GSK PLC
2,000 Ordinary 31.25p shares
Middlefield Canadian Income PCC
25,000 Ordinary shares
Primary Health Properties Plc
50,000 Ordinary 12.5p shares
RM Secured Direct Lending Plc
30,000 Ordinary shares
RTW Venture Fund Ltd
50,000 Ordinary shares
SDCL Energy Efficient Income Trust
50,000 Ordinary 1p shares
Taylor Maritime Investments Ltd
50,000 Ordinary shares
Treasury 5% Stock 2025
£62,500 Fixed Interest shares
Tritax Big Box REIT Plc
27,500 Ordinary 1p shares
Tritax Eurobox Plc
27,500 Ordinary shares
Troy Trojan Income Fund
50,000 Ordinary shares
Twentyfour Income Fund
50,000 Ordinary 0.5p shares
Treasury 4.125% Stock 2027
£30,000 Fixed Interest shares
VH Global Sustainable Energy Opportunities PLC
30,000 Ordinary 1p shares
WS Guiness Investment Funds
20,000 Class Y Shares|**On**
**Market**
**acquisition**
**value**
**Income**
**£**
**£**
**£**
58,321
48,750
2,889
47,600
9,632
645
71,706
69,750
3,425
66,748
43,380
4,200
18,246
17,388
429
28,531
34,172
1,115
24,606
25,425
1,306
63,502
46,875
3,375
29,267
22,650
1,463
72,703
52,203
49,285
29,550
2,397
47,617
38,500
3,171
63,200
62,646
2,999
45,392
43,230
1,444
28,843
14,933
1,179
83,507
84,740
2,554
56,971
52,400
5,230
29,777
30,014
235
29,558
20,580
1,254
26,287
28,998
501
941,666
775,814
39,811|
|---|---|
**Page 8**
## **LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **YEAR TO 31ST MARCH 2024**
|**6**
**CREDITORS**
Other Creditors
**7**
**ACCRUALS**
Independent Examiner's Fee|**2024**
**2023**
**£**
**£**
3,640
2,440
3,640
2,440
**2024**
**2023**
**£**
**£**
810
765
810
765|
|---|---|
## **8 TRUSTEES REMUNERATION AND EXPENSES**
No remuneration, directly or indirectly, out of the funds of the charity was paid or payable for the year to any Trustee or to any person or persons known to be connected to them.
**Page 9**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LADY DOROTHY GREY'S FOUNDATION**
## **(CHARITY REGISTRATION NUMBER 508900)**
I report on the financial statements of the charity for the year ended 31st March 2024, which are set out on pages 3 to 8.
## **Respective responsibilities of Trustees and Examiner:**
The charity's trustees are responsible for the preparation of the financial statements. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed.
It is my responsibility to:
- examine the financial statements under section 145 of the 2011 Act,
- to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report:**
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 financial statements presented with those records. It also includes consideration of any unusual items of disclosures in the financial statements, and seeking explanations from you as 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 financial statements present a 'true and fair' view and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement:**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep proper accounting records in accordance with section 130 of the 2011 Act; and
- to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
## **K V Staley, BSc, FCA Chartered Accountant**
**Geens Limited Graphic House 124 City Road Stoke-on-Trent ST4 2PH**
**Date: 18 November 2024**
Our Ref: KVS/CB/HWW/L150/210358-14
15 October 2024
Lady Dorothy Grey's Foundation Batfield House Batfield Lane Enville Stourbridge West Midlands DY7 5LF
Dear Peter
## **LADY DOROTHY GREY'S FOUNDATION ANNUAL REPORT AND ACCOUNTS 31 MARCH 2024**
I now enclose the following for you to deal with as indicated:
1. A copy of the statutory financial statements for the period ended 31 March 2024 for you to print and present at the trustee meeting on 18 November 2024. If approved, would you please sign the Trustees Report and Statement of Assets and Liabilities where indicated and return to me in order that I can sign the Independent Examiner Report.
2. A letter of representation that details certain confirmations that we require for our files. If approved, please print, sign and return.
3. A copy of our updated Engagement Letter. If approved, please print, sign where indicated and return to me for my files.
If you have any queries please do not hesitate to contact me. Now that matters are at a convenient point I have enclosed an invoice for your kind attention in due course.
Kind regards.
Yours sincerely
**Karen Staley FCA BSc (Hons)** Email: karen.staley@geens.co.uk
Registered Office address: Graphic House, 124 City Road, Stoke-on-Trent, ST4 2PH
T: 01782 847952
Registered in England and Wales number 08430716 Directors: Karen Staley BSc FCA, Carl France, Dean Clacher FCCA, Chris Beeston ACA CTA Registered to carry on audit work in the UK, regulated for a range of investment business activities, and licensed to carry out the reserved