1111.I.I.4NI EDII.IRD EDI'C'.II'I()NAI. C-11,IRII I JO Juot 2024 l-h*TIi! %unibrr'. 0428714
1111.I.IAII EDII..IIID5 fr."1)I C'.411()%..IJ_ C'H-IRII'I INI)E RI'.PI)RI OTr TIIE I RI S'I F."LS Al,Dl"roK'% R Tr'i'i)R'l' STIl"IE141L%T ()Tr FIN..I%C'IAJ. ACTJI'i'rifr. CO.IIPAR,ITlI fr. s'fAI"tr."iiTr.'i"r ofr FJN.I%C'lIll. AITII'II'ITr.% 8AI.ANC'Tr.' SIIfr.fr.T A('('()I,'NI'I%(' IY)LlC-ITr'S
1111.l.I.AII F.I)11.4KI)S EDI,'CA ItU%41. C'll..IRITI RI.FF.Rtr."%C'F_ .4ND..IDIII%I&"I R.4TII'E I%F()RII.II"IU I cndod.lo Junt 2024 CIIT J A C-IM)ki Ichdimian) IrPJRvan DrG RJpL'r J RIKliiw%trl DrRD0I Ir J BauylT Huili &. EIILnkln)p 4) Sir¢xi WJrM 14k (-VJI 411L J Nl P 11athJ'JY 4! BrnNIK SirLLY '41n4lik C'V14 4BI. IldrK. Han4¢Kxl FCA BFP I"I14AI C-lithnLILxJ Aiiiiuniani> 111 Jury Sir1 Warm i¥k CV.14 41."IV BunkLY¥'. l.liiyd% Bttnk plL' ('I'_34 4BJ
1111.LI.4I1 EDII,IRDS EI)LC'.4"110%.4I. I'II..IRIT )A.ITr.C"I II'F.% ANI).i('-rii'i I'IF h) Iii'L. Ibr pJNni lil iii¥. In ihL Icllllb ill'KknIlrth i)r aiiL¥J. cir hthiL alILd. an), )n1 In Ili¢ lilm'n ol. Kiiiilii'iirth Pwbll¢ Iltnelli I'IIL IfliLl.5 lid%L wpl1¢ IIK, Stran(l fniiii ¢hL ('h.'IrillL¥Ccimiiii%wr¢ T¢l•iin8 111 publii IrI1 a%$41ng grani app1]L1¢lLlnS. Sixiy 11¥4-iird4 ilL'fL i11L 141th %lMHiI unifiTrnii4. SklMMTrI irip> arKY alinilJr Illl w<1Yn1 Iim'EinkTrd iibliillin Tli¢ ('1147rirv .Illl %trpDirT undLYgrthluaiL DuTlll¥ i. yiyr publKity pm1.1 in LxJnyiLIIl)n 141111 Tli¥ TruliK% li1>r in Ihi insuin8 yr rhai ii MLII k. r#b>51bk' tti >ufDirT pupils IliL xlxxils wiilbin th< li1.¢) (?I' Kkniliii?nli HIILfL I hL' ihariii fLIIL'CILd a nLI J¢fiLiI Ihi% Ical 1>1. 1137.39h i_)?. £157.(A]31. aftL'r Tr7115 105s¢s cin disrAi*al% lif IiiiL%iiiiintN In Ili¥
li11.i.1..111 FDII 4RDS L'I)I'C'.-I'I'ION.-IL C-11.4RIT) ..%%NL.4L. R Tr."V()R"I OTr TIIE TRI"%TEF"S I(-(lied} I rndfd.In.lunc ?n24 Jllsk Rriit I--XlLrnal RcsCnf5 Pfjli¢i tund4 will ll(i li)n¥¥r b¢. in d¥Trfiill al Ih¥ 31)ih JU !¢)25. %I'RLC"I'I'RF. (.'QI'F.RNrlNiC'Tr. ..INI) Ilrl%.4Gfr.li&.'s r I'hi Lharjly 1% fib7l%lLfixI li Ith ThL Clidriiy Ci)IlIlllj%lLIys flir England &. M'alL IRLgi>lLfLYI NumlKT 5)X7141 14 r¥gul4?ILxI h> a .IILllli ibil 74 SLVlinib¥r 11)81 otyj anivnd¢d hy a kykxl Li.111 J¢tl> 199(b. Ih¥ ¥hnriiy rwuir¥s niiK TTh41&xx f()ur m>niinaiiie tvJ fil'e tn4wJlJliiL%. h) 'riiL%L ITU%ILL%'.IfL JptmllmtL liir4 yLthrs. I-lILL Tru%liK'% JfL' aplin1 liir 5 yLars. Duriii¥ iliL yi'.Ir uThl¢f r¢V1¥ IhL' fiilkil4'in8 PLTh?11S ilL, Tru Ir Nl I. I'iTrkLr Mlll- {IIiiL-C-hJiniianl Dr R D.11 IL% Dr IJ REifvr Ir P J R¥. F.nguIfiL r¢'Bardin8 Lharil) mJllLYS.¥lxiukl a(klTLSLQ tts iIK'Ck'rk ii) 111¢ fliJniy. Recriiiimrnt And TrAinini of Tru51ff5 NLI¥ 1b-11p1all1L Ifu%tL'%.'IfL iiprKiInlL h) Ilij flidfll) IhLir ¥hgrn¥i¢f. %.rrI%¥Y a1 %uiiabiliiy tc)r Iru4lkx%liip ill'11)L'
1111.1.1.4I1 F.DII ARDS EDI C-.4TIUN.4L C'H.4KITI .4%NI'AI. REPORI" OF I'IIE I'RI"STF_Ef (ftsniinuodl l ear ¢nded.Itl JuDf 21)24 PLANS Tr'OR FUTI.'RE PERIODS Hai Ing iiiadi Ilvi) %ubNlanlial grdnr% iil'£?411 (XJO ¢a¢h kenJlMiinli SLIuMiI duriijg ihi lJs11I4cI finJncial )iaf%. tli<' Tru%IL hai'L' rhi trusie¥% d¢iidiJ iliai ilie Ch4lriiJeq olf121 Ini'¢%rmeni FYNJ ¥wi1(Iljib repre[ ili¢ ini)%i ¥rniri)Pflilte l(br I",'D[lA151f. S'l'A%DARDS ThE ¥liiiiili diTrL.% nlll Nignifiiant fuiiJTill%ili¥ bn5ta dui%'ing lis sn¥M)Ine fmm ivesimenis. SI.ATElE1T OTr TRLSTEF.8 RESP0%51BII.ITIES Tl¥¥ tru4liX dfL fLlXlll.sibl¢ Icii PT¢pJring ih¢ lill5 ..Innu#l 4j rhe finanLial 41airm¢nl5 in J¢c()rdantt' wilh JppliLAbl¢ law and Ilnilcd Kin¥.dibm A¢LX)VDling Siarwjards IlJnilLYI Kin8dDni Gcner311y Ac4LTrl4yl AcL(iuniin$ PrailiLL'I. ThL IEIW appliiahl¢ 10 Lhariiies In Fngland L. Walcs rcquires lh¢ iy¥S1tt% 11) prLI)af¢ finanLial 51alLmL1% for cach fin&nii41 >ear 'hilI liir Iliai Plr. In tKLparin¥ Ih¢s¢ lin4ii¥J)l )l•l¢m¢D15. Ik IruvLYsare rquirnyt io.. SLILII &uiidbl¢ aiknl)Ul)Iin¥ piliLiL'% Jnd ihLY) apply thLYn Lll)nJ>i¢nily'. I)bly'& IhL ni¢ihiMJ% Priniipk in rhi Cliariiits4 SORP 2019 IFRS 1021.. IiiakL jLVJBLITl¢l4 L¥liiiiai¥% Ihai grb IL'a¥ithable arnj prudeni. siaii whLihLr appli¥Jhl¥ J¥Kibuniiiig.%i#fKiii rd¥ haTrsC IKYn lillkiI. subJ¥xY io a•y niaieriol dL'panuth ¢JisLI(I>LYI and ixplaiDLxI in I h¥ ar&. fijtxinsibli liir kLry>in8 pTh)rf Ihal disikise 1[h fcasibnabl¢ Ji any iin)L IIIL finan¢ia IALI(Trunii RiFNTrrts1 Rebiulari(>n% 21K)8 and rhe pnii'ismins of ihi Ini>1 aL. TIIL), ar4 fL%SXinNihlL' IOT 4afcBuardiiig Ili¢ a4*¢14 ol'ihe chariiy and hen¥e liir iakin8 r¢as(inabl¢ steps foi the P£tKn and of fraud and oiher irrL¥ulariti¢s. SiBn .J A C'othkt C'hAirmxTh Date y>lYl-¥
PaLPi 5 rL.lri. IjiT rhk yL41r tlijn n1-. liJi¢ h¢¥n pr[irIY yrLyaTth abiy)rdaniL' w iih Unii¥xI KingsJi)ii) G¥¥11y A¢LIIIIL A¥¢(iwiiiJig PNLIILL: dnd hai'¢ 'n PrLTar¥ 10 aiior¢Jan¢L' lth IIK" Nl[LIt7¢y1[5 ilt'th4 CliiiiiiiS Ail 21111. Ilisli for Opinion iiiirdJiiLL i¥iili Il)LX' fLxiuifL'TrXThlS. WL. bcliL'Y¥ Ihai Ihe awjil haiL obTthiii¥xl 14 4uniiliYII diNI dppnipriJik 1<1 pnii'idL l on¢1ts51uns rrl•tin% If¥ ioln% ronttrn ()ur rL4Plln%ihiliti¥% aiiil Illi fL'yNMi%ihiliiii iil'ihL [ru.%% 1¢11 r¢1¥1 lil }1¥ arL' dL%rilxyJ im IhL' fL'ILidnr %ii11)11% Iil'ilii 'tkTrrl. l)Ihf r Informailo 14Fstiers on hCh #e rr r¢yuSrrd io rrport b% ¢ctpilo Il'l li1¢ 111)I1iillg lil r&yK)n i)IIliL lislliim-lng nUilLY% 111 to tlK ChnIlL.% {ALXI)un14 RLfAIrtNI R¥¥¥ldiicins tIIL Lhariiv lill niir k-Lyt J(kNuJlL aiiouniing iir thL' linElllkial %ialLIIILllt% agrLlnKLYlt i¥iih Ihi 3LIXIUllllllt TLxiir(1s al rLYUrn& iir hdi'L tKlt rLxeiit all IliL intcimiatli)n wj iipEanJiiii f41T{wra1It.
I%Dfr'.PFND£%I .11 111-1 (IR%- Ri-.p{)Ri I I)'I IIF I'MI K I F..N {)Tr- Rcspoiisihiliti¢5 ts1 IruslCfS Il'i liill'¥ b¥iii aprmssnithl a4 undLf %Xiii)n 144()i-Ihi c'harliK Ail ?01 l armi TLTrrt iti a¥iordaiK¢ u'iili rigulthixTrns InJdL uiidir Our il)j¥xtl%L% urL lil li&1 rL-' alx)ui h¢¢ILy lh¢ finaniitsl smcm¥iS as a 'hEll¢ arl fwL' fnTrni iiiiilLriJl iILLITrUlll%. Siiih ri%ky InjluJ¢ TLiignilMiri. iiianagvyll4l iil'iYThJL. fLXY)l¥Yiibiliiy ill. iurrL'tii rliTrniiin¥p an.'Il%iiial l(1 IhE aiiiiuttf> fLJx)Ildbl ihJll¥m8in¥i liiiinuyLII)LYII fL'¥iirrJin8 IhL' ba%is is1iiiiarL% in ilK' Lmnis, ol our rcpDrl -111% fl Tr>fi 1% iNJ¢Jr 1)L)I ilK' chJriil % EfLI.%tL'¢S. J% a hmj!. in }rdanc( iiiih I'an 4 1*l- ITrK' C'liJniiL4 IA¢¢iiunis uiid RL'pilrt%l for aii¢l nn ltri.hiifof )lirharl Ilxriiond & C (-hplrli'Ti'il Arrountant5 and kry1sitr ,ludiiors 10 Juri Slroct l Thrmick C'I'.14 4FI%' l)alrd-
11 I LI.14I1 Tr_'DIIARDS Tr'.DI C",ITlnN..11. I-11..IHITI" F'vr thi. IL'AI Cll(IL'(I.10 Junc 2024 I"nr(siriried Dl%at¢d Endo¥%nioni Ftynd5 1024 Ij('()IIF In¢umc Ironi.. ?Vl.S?Tr 3?4.$17 F.'XPENDI"fL RE 15.610 173.317 Toiil tAptnillture 4(Trl.fJ66 12471 7471 f l iiiii>nielli'ipvndiivrel brlore irAniftrs and .10.757 I IfjX.153) ()Ihtr rrro%n15rd KAlnJ-. 563 yI)302 ri mtritmtni In fund5 11th7.5fMI) IMI.115¥ 774.46 Puii(I h?1411¥¥% hn)ughi liin%#rtl ai l July 21173 145.IMM¢ y.lJ?5.(IlH Trun(I hal*n¢es ai 10 Junr 2024 1)1.0821
PJ£i li 11 I 1.111 Tr.1)11.4RI)5 EDI'C'.4TI()jAI. rii..IKIi-s 5-1-.4TF.IIF.-NT ()fr' frIN.INC-I.AI_ -ICTII J-I-IES Tr-oi. Ihc %c&r L'nrfcd_IO.luttt ?flll Lnrtsiri¢it Fund5 Dr5ÈEn4ttd Trullds F.ndoMnivnt und5 2U2.1 Total Incunic from: )¥7.3)U Totil Incom ?8¥.Nl ".Ipfr.IDI rLRL F.Apeiidiiure on.. Raiiinb I'iind.% 25O.IMKI 374.17_1 (}ti.)X4 ?11?.465 ft¢ali.% gainllk1%41 cin ini'¥wimLmlS 'tl illL'UThltIII'ipL'ndli¥rl l)¢fort Ifl)5f¢r3 •nd unrcAlis¢d #ains ibn ol ifiitstmcnis AO.17 {25n.IKMII TrunNlir% 11LI.17 I'und 116.176 1?51I.IXM)I Oihrr rcrn%ni5ed gains: 21 ci moi¢mrni In [nd¥ ¥(i.i¥S 231.1fv4 59.5?3 ?5U.IMKI hAl•nr¢s Rf 111 Junc 2011 V.lJ?5.l>lH
I 11.LI.471 fr.DII ARI)S EDI"(-,ITIO%.4I. CII.&RITI ,tI_..INC-Tr_ %HEET -10 ju(. 2V24 t"nit51Tirltd EndOnICnI -10 Junf 2024 -l(1 jne 21)2.1 FIXED tlS%E I"S 1{1.747.??4 C'as11 hLIJ b). hriikiy 7.46J IOJlkn.?8 CI RRÈTr4"1 ASSET% Debiiif4 Cash ai bdnk 9.5N7 5fj.611¥ Y.5%7 I IY.07• ?24.745 6fi.285 02.374 12X.h59 232.45() C'RF.DITORS 187.4_101 NFT CIIRREN'f ASSETS 62.J74 IY3.156 I'()TAI. ASSETS l.b'$5 C-LIRRTr.NT I.IABII.ITIE 10.%(k¥.h63 16.IKKII F.. r A%STr'.T5 121.6%? 10.XM.663 rJ¥%l¥llJtthl 10 Endowmi'ni 10 1V.Y(b¥.(3 9.(P?5.h( AppnTr%rd bi ihi B%bJrd il-Tni$tr¢s on aAI $i8tt¢d on i1shalf'bY J A C-%K)ke Tru51Lx' Tli¥ hi?tes pages 1110 14 IDrnt pam olthcsL' &YOUmS.
1111.I.I,111 EI)11.,IRDS EDI C'.4"1"IO%AL C-H.4RITI
.-I(-('()IINI ING P()LIC-IF
'r the lear eDded.lth June ?1124
..i51.% 1)Tr" PRF.P.4R.4TIO
Tlik 4iuiuni4th1 Ini1J( cin i. 8r(iuJKJs ihat i. chthrii). s iniOllK 14 .1111% £511(Tr.Iln(I li)r NrM)riinii
IIT I I1. Tlii linan¥ial SI1¢n1¢niS rL pfLX'nrL¥J In SiLTling Mhi¥li is I rLl1 iUTr¢nLy lif thi iliJritv nTruiIJl li) IIK,
' 4udnii1iL lih rL-4liiinablL Jiiurv. In¥ibnK fnim ini4%inKTS is #¢WUTrliil flir iin a tLLiiibl¢ s bd4js. 1¥171% iifL rrL'47tLd
Tr'.IPF.)Dll liRF
LApi'lKlituri Iiiii&piiixI MIILn d liabiliiv Tr5 in%wrrnyl. Chdriiabl¢ iivitli% LIlIri iTrf grani% and bur4ariL% all'&lTO% 111
111&4%ilii¥lll¥ ¢ir¥ r4xiibiiii%
II'II LI..111 EDII.4RDS EDI C'.4Tln%.11. ('II.IRI'n i 0"1Tr."S T()"IIIF.' FIN.I%CI.11. ST.IT&'.IITr.%T5 Tr-or ie.?r elided 11).luno 211!4 III'ES I IITr-%T INC-I)IIF 2024 21)2.1 2024 202.1 .X5X (-IIARII'rlBI.F. AC'I'II II'IES EIPF.%ITrII'LRE 21124 202.1 GrJii¢% nM'dr(l¥xl ti) siliiX)I F.X¥LPlliill'.Il bpfiini &1I4iirdLxI Tib K11 Sk'h(Mil IS¥r b¢k> ?INI.IXX 32.1)41 Gr41111% lib 374..1?1 Tli¥ f4I11iisng Inill&Yial ¥raibi% WLfi' iiilld¥ iii FhildrIn8 11i¥' yLyr In w'illi ihL iknjLXiii'LS Iil'thL iliani%" 2024 2112.1 g.YMI Bunilll (ifL¥nl ('liiirili Lif F.'n¥ldThJ A¢thlLnly 711.IKAI 2024 2021 O'I IILK C'V5"rs 14.¥%0 (4J 1.5(Al .4udit IL. 3.(MX) SunL Oil.?y4 I"RL'STF.F.S RF.IllJNF.R.4TIO ¥l<fi fL'iiiibutNL*I li) Ifu%tLX
PJbi
111 l.IIlll Fl)11.4RDS EDI'C.4TJI)%.41. C'114RII"I'
OT LS 11) TIIF.. FIN..INC'I..%I. 51.4"IEIIENIS
'oi' the 2024
FIXF.I)..ISSE"I INI'E5I"IIEYTS
2024
202.1
&J.¥%4.7 )()
Ll I)2.593
IA'.fy751
l(yl.1871
11 ¥65
MJrkL ialyi ai 111 Juiii !V?4
2.344.()Uti
COIF ChaririL% IniL%lm¥ni Fyryj
Ca¥li IiLl¢J by knikLr
All Ihe In¢117)Ln1b pr¥ in Ihl UK.
lorktl
C-osi
Ineom
Iloldln#s.' 5ifj¢k fr.i¢h*hio
11111.IKIII Uiiit¢J Kin¥thi¢MI(Jib%imJiKmr iin 5" 8nT l>J> 07 Ilj •ii75 6lllbllKK
?? 111 !11?Y
% IJ.I.I 111 EDII ARDS F.DI'C-.41'1n%41. 1"11.4RIT n"1 F..5 TO THF FI%..INC"1.41. % T".I"I"EIT+.%"IS For ihe ie4[ fndcrt.lo June 2024 TrIXED,KSSET I%I'ESI"%IEN"15 Iconi'd) larket n¢iJme Holding5.' .%iork Ei¢hangt Bri?uyl)I ljiri4 1.51W.4hll I.(JiPS.7115 5(I.IIIMI Jdnu% II¥iKliY¥in IiiiLslmLThI Sil (hh.. 25.IMXI ¥I&.G In%LNfinLliI Fut4 I I I Il&.G J-.Ip)rl Siirling Pl) Di )5.555 ?2..145 15.41K> ?11.7&5 5?.(H? 58.¥77 25 K iYiiaN J'und% Pl¥ WLTlla%.44lJn D GBP Ill IrkLI% C Dis 4.X511 Paiilii C'.'Ipital l.-C'll S FutMl% Pl. Kih iil'sili Ell All C4) Eqi R? GBP Di5 55.Y5¥ (J4.1 L)5 5?4 -11.414 33.X(W OililPU RLI?LmabIL Inlra Tr PIL i>rd CJllWI.(bl 51MI ITllixÉl Pliy%jjJl 11.'Irk¥% &xurLxI (itil(I l.kil Xl% 311121211M) tiBP 41).5 1.71¢J.Lp) (-T Priip¥n). Gft)iirli &. IniNI?M' IC'VC C-T Pn4KYty Cyrwili K. GBP Di% 41 71 14 1)7_1 I_ll11111)Lr1£ PrlwlY CJ13P¢I.111 J.X50 NB Pri%iL' 1'.411iiI IlJnw$ l.1niili (-144s A'()rd %h% li%lXI.IJI 1.()78 Y¥.X45 CP5X 2.X57 In¢ome Inir&lmtnts sold itr: 4fy.154.Ihl AXA In%¥*lll>i411 Uk Ltd Lis Slii DurnlHth Hi¥h Ybj Iki £1 DI% 1.71)7 1114 Ri¥kiii tILnikir lin%up ()rd GiirYi.10 4.IMNI B &. NI I..UAIPL'in I'Jlui Rilail ()rd Gtspii. I IDI) 55? Gril%% IniLfL'%I 2.1174.6Y7 ?.07¢).7M() ()Ihrr Iniesim¢knt% -166.87 C'liariiy ol11i1 In%i%im¥nt FuthJ- InciiniL lJnii% AOI 518 39M.4(l.)S fliJriiy Olliiial Inb¢¥imLllii fund- Umii% 595.1){I ?17.75) ?.lilXI.V¢M> lo.754.(? DTr"BT()RS Dl'F l%'i riii% OIE" I"F.IlR 2024 202.1 laiia¥'i¢l tu1 dividLYbds r¢¥xi%thk. 7.44?
II'II.LI,KII F_DII..IMI)S fr.111-C'.4-IION.41. C'II.tRIT) Trr thc ie8r ondod.111 June 2024 C'RF."DI IORS DI'E I%'ITIII.% O%I.' I E.4R 2024 202.1 Orillll4 11)r biirvrii% aankl bui YLI Ill IK. P4i %7.411 i().l(K) CRfr.'I)I"IOR% DLIE .4TrTLR ONE I'F_AR 2024 202.1 Graiii flir UNtLY¥ndUJi amar41 bui 10 pa 6.IMM) ¥.IMIU 6.K1 11). FIINI)5 BIlAncr Ai B#lpn¢¢ Al In¢omlnR Rtsvurtrs r(8ourtts cxptnded Transfrps Rri'aluailon C¥aln511055 2021 1024 145.IKIX ?93.513 14bl.frfrf>l 361 .1)?5.fy¢ 1?4.517 fr"l.A f+.D PJIRT) fRA.%S,IITII)% TIIL LliJritTr an pTrliiy Ihdl 7111 iru%¢L IniLThtsi or otliLC4 IIKY IKild rL'larinB lib Jppliialliins 4uiyiiillLxl Pa)'Illilli% W¢YL' m¥lL dunn¥ ih¥ yL¥r in %hiih TL.la1 inlLf%¥l. C'II,IRITI .IIF.'RGfr.'R S ibruar% 211•4 tL KLnilM'Drth Y¢lvih T¥u*t ILh)nl!' numiKr 5?y7861 nILr8 iiitil WIlliElln l='dM ird In<Truiit% Ilibt hLI'tI aill¥Y1di tl5 IllLlu(k- Ith¢ bDlaniLS i)n th¢ ba%l<{If IMM011ty. FINANI-lill. (OII%III'IIEY"rs
William Edwards Edu¢•t40nal Charity Year Ended 30th June 2024 Journals DR CR Grants to schools Grants for bursary studies Grants for VG stijdies Grants payable 364,5(KJ.(M) 31,604.1NJ iO,(KM). 406.104.IYJ gronts oworded in yeor Brokers Management feÈ5 credrtor Audit l Accounianry fees creditor Broker management fees Audltors 100.00 6,570. 6,570.00 movement in uccruols Quilter Mana8e(i fund Realised gainlloss- endowment Unrealised 8ain110s5- endowment 31KI,732.01 247.30 300,979.31 reoli5ed ond unreolised1055es on the Quilter monoged investments COIF fund Irestrittedl COIF fund lunre5trictedl Unrealised gainlloss- endowment Unrealised 8ain/loss- unrestricted 611.322.52 562.97 611,322.52 562.97 tsnreolised goins on the COIF investrnents Granls payable Grants to schools So,(1.(#) 50,000.00 remove bolonce poyoble on Kenilworth School gront os conditionol on avoiloblefunds We confirm that we have understood an&a8ree with the above schedule of audit adjustments that have been included in the accounts for the year ended 30th June 2024. Si8ned on behalf of the Board of Tru5tee5 .A Cooke (Chairman) Dated: so