Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
Charlty number: 701658
THE JACK PATSTON CHARITABLE TRUST
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
CONTENTS
Pag6
Rgferenc• and admlnlstratlvo detalls of th? Charlty, it$ Trustees and advl8•rs
Trustoe$' report
Independent axamlnerfs report
St*temont of flnancial actlvities
8alan¢g shegt
Notes to the financlal statements
9-18

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED S APRIL 2023
Tru8ts&s
C J U Applegale
S G Knipe
D Jackson
Charlty regl$tèTed
number
701658
Principal offlc
Blfckles Solicltor8 LLP
Grant House
101 Bourges Boulevard
Petethrough
PE11NG
Indopondgnt Examlnor Christopher Bagnall FCA
Grant Thomton UK LLP
Chartered Accountants
Vlcloria House
199 Avebury Boulevard
Milton Keynes
MK9 1AU
Bankers
Barclays Bank PLC
1 Church Slieet
Pel&rborough
PE1 1XB
SollGItois
BuGkle$ SoliGf(ors LLP
Grant House
101 Bourges Boulevard
Pelert)orough
PE1 1NG
Inv95tmont managgTS
8arratl & Cooke SloGkbTokers
5 Opie Street
Nomich
Norfolk
NR13DW
Valuers and land agents Stephen Knip8 & Co
la Abbey Road
Bourne
Lincolnshire
PE10 9EE
Pagè 1

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2023
The TTuslee$ present their report together with the financial Statements for the year ended 5 April 2023. The
TTuslees confirm that the Trustees, report and financial statements of the Charity comply wf(h the current
slalutory requirements, the requirements of the Charivs governing documgnt and the Provisions of the
statement of Recommended Practice ISORPI, applicable to charities preparing their account5 in accordance
with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10211gffgctivo 1
January 20191.
ObjectiVO5 and actlvltles
. Pollcles, obJectlve8 and achlÈvem6nts
The trust is a grant making charity, the Trustees recelve and respond to written reque8t8 for funding.
The trust's objects, as set out in the trust deed, remain unchanged. Thg end¢)wmont fund and the income is to be
applied for such charitable purposes as the Trustees may from time to lime at their absolute discretion think fil,
particulady in Leicesler8hire and Cambridgeshire and with particular regard to the praservation of wildlife. the
environment, the advancemenl of religion and the preservation of mral church fabric.
The grants paid out during the year are set out in nolgs 4 and 5 olthe fin8ncial 8talem8nts.
In setting objectives and planning for 8CtiMties, the TTuslees have given due consideration to general guidance
published by the Charity Commission relating to public benefit. including the guidanc8 'Public benefit.. running
char¢ty (PB2)'.
b. Maln achlevem8nts
Durlng the year the Charity paid grants totalllng £95,00012022'. £94,000} lo a 8ignrficant numb8r of bengfi¢iaries,
see note 5 for the schedule of grants. The beneficiaries used Ihe grant funding for a larg8 number of different
causes, th9$9 included bul were not limited lo, frtting new heating systems, gl￿er repairs, bellow repairn,
e$$gntial repairs, general assistanco, Toof repairs and a variety of urgent repairs.
P&rformance
. Flnanclal Rovlew
The lolal income for tha year was £113,424 compared with £120,376 for the year ended 5 April 2022.
Charil8ble grants during the year totalled £95,00012022- £94,000) to 3412022- 34) institutions.
There was a net deficit before movement on inve81m8nls for the year amounting to £9,694 12022 - surplus of
£2,666).
Net1088es on inveslm8nls amounted lo £87,470 {2022- gains of £152,116) which indudèd realised10s$8s on on
investments of £6,661 12022 gains of £12,819), unrgalised losses on investments of £80,80912022 - gains of
£139,297} and revaluation gain3 in relgtion to investment property of £nil12022- £nil).
As al 5 April 2023 EndowTnent funds tolalled £5.440.92212022 - £5,549,798} and unre8tri¢ted reserves tol8llèd
£54,09412022- £42,382).
Pagg 2

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2023
Perfomiance (contlnuedl
b. Res•rv05 policy
The funds, all of which aT8 unrestricted, are apportloned bètween axpendable endowment and Income. Although
both are expendable, the Tru8legs considar the balance on the income account lo be a free reserve available for
distribution a8 grants but do not. as a matter of policy, treat the expendable endowmgnl as dislribulable. They
regularly remew the manner in which the income fund may be applied in accordance with thg objectives of the
chaTIty.
c. Investments
Inve51mgnt$ comprfse freehold propertles and listgd investments whrch are considered to havg a medium level
of risk.
The Truslees engage a fimi of valuers and land 8gertls to 8dvlse on the property portfolio and to value the
properties every five years. Interim valuations are performed when there are indications of a significant change in
the value of the propertiès. The late81 full valuation was carrigd out al 5 April 2021, Ihg Iruslees do not consider
the value of the property has changed from the 2021 valuation. Rerrts Teceivable for tho year ended 5 April 2023
totalled £58,65312022- £61,889).
Listed investments are reviewed in conjunction with the stockbrokers on o regular basis. At the end of the
financial year, the market value of the inve31menl portfotio was £1.430,483 excluding uninvested cash, Compared
with £1,506,677 at the end of the previous year. Income from listed investments was £53.808 compared lo
£56.240 in the previous year.
ql. Golng concorn
The TTUStees have a reasonable expeclatlon that the Charity ha8 adequate resources to continue in operational
exi81ence for the foreseeable future. Other than the potential effect on investment valuation8, the impact of
cuirenl macroeconomic events 1$ relatively minimal. The Charty has confimi8d that il has adequate cash and
investment resources for at least the next 12 month$ following the signing of these financial statements and for
this Toason they continue to adopt the going concern basis in preparing thg financial statements.
Structure. govgrnancg and managemènt
a. Constltutlon
The Charity, The Jack Palslon Charitab19 Trust, which is unlncorporaled, was eslabllshed by a charitable trust
deed dated 18 May 1989. Please refer to page 1 for the registered number and registered offiGe addres3.
The trustee$ who seNed during the year were..
C J U Applegat8
S G Knipe
D Jackson
The trustees havg assessed th8 mojor risks to whlch the Charity 18 exp08ed. and are 8ati8fied that systems arg
In place to miligale 9xposure to Ihg major risks.
Page 3

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2023
Structure* gov•mance and manttgomont Icontlnued)
b. Method8 of appolntment or o1o¢tlon of Trustees
The Trust has the statutory power of appolntlng new trustees.
Statement of Trustees, rgsp¢)nslbllltle8
The Trustees are responsible for preparing the Twsle8s' report and the financtal statements in accordance with
applicab19 law and regulatlons.
The Charities Act 2011 reqLtire$ thg Irusloes to prepare financial slatemgnls for each financial year. The trustees
have lo prepare the financial stalgmgnls in a¢cordance with United Kingdom Generally Accepted Accounllng
Practlce (United Kingdom Accounting Standards and applicablo lawl, including FRS 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland. The trustees musl not approve the financial st81ements
unless they aro satisfied that they give a twe and fair view of the slate of affairs of the charity and of the
incoming resources and application of r8SOUTces. including the Income and expenditur&, of the charity for that
period. In preparing these financial statsments, the trustees are required to..
Select subtable accounting policies and then apply Ihem consistently.,
observe the methods and principle$ of the Charities SORP IFRS 1021;
make judgements and accounting estimates that are feasonable and prudgnt,.
Prepare the financial statements on the golng concem basls unless it is inappropriate to presume that the
charity will continue In business.
The Trustees are responsible for keeping adequate accounting records that are sufficiant to show and explain
the Charitls transactions and disclose with reasonable accuracy at any lime the financial position of the Charity
and enable them to ensure that the financial statements comply with the Charities Act 2011, the Chartty
{Accounls and Reports) Regulations 2008 and the promsions of the Trust deed. Thgy are also responsible for
safeguarding the assèts of the Charity and hence for taking reasonabl& steps for the prevention and detection of
fraud and other irrogulatriies.
Approved by order of the members of the board of Trustees and signed on their behalf by..
C J U Applegate
(Chair of Trusteès)
Date.. fi
z?
Page 4

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED S APRIL 2023
Indepgndont Examiner's Roport to thg Trustsgs of Th• Jack Patston Charitabl• Trust rthg
Charlty.)
I report on the aGGounl$ of the Tha Jack Palston Charitablè Trust for the year ended 5 April 2023 which are Bet
out on pages 7 10 18.
Your attention is drawn lo the fact that the Ch8rty's Iruslees have prepared the charity's account8 in accordance
with the Slalemenl of Recommended Practice 'Accounting and Reporting by Charilles: Slalemenl of
Recommended Practice applicable lo Chgrilies preparing their gGcounls in a¢Gordance with the Financial
Reporting Standard applicable in the UK and R9public of Iroland IFRS 1021 (effe¢livg 1 January 20191 i5SUgd in
October 2019 in preference lo the Statement of Recommended Praclice 'Accounling and Reporting by Charities-.
Statement of Recommended Practice Iremsed 20051, issued in April 2005 which is referred lo in the Charities
{Accounts and Rgportsl Regulations 2008 but has been withdrawn. l understand that the charity's trustees have
done this in order for the charity's accounts to give a true and fair view in accordance with Untted Kingdom
Generally Accepted Accountlng Pracllce effective for reportlng periods beginning on or after 1 January 2019.
This report 15 mado solely lo the Charitls Trustees, a$ a body, in accordance with regulations made under
section 154 of the Charities Ad 2011. My work has been undertaken so that I might stale lo thg Charity's
trustees those mallers l am required lo state to thgm in an Indepgndent gxamingvs Tgport and for no olh8r
purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone othey than the
charity and the CharitlB trustees as 8 body, for my work. for this report, or for the opinlons I have formed.
Rospectlvg Responslbllltles of tru$tOgs and Examlngr
The Charity's trustees are responsible for the preparation of the account$. The charitys ITu$l8e$ ¢￿Sider that an
audit is not required for this year under section 144{21 of the Charities Act 2011 and that an independent
exarninalion is needed.
1118 my responsibilily to..
examine the accounts under section 145 of the Charities Act 2011-
follow the procedures18id down in the general Directions glven by the Charity Commlsslon under sedlon
14515)Ibl of Ihg Chariti8s Ad 2011., and
Slalo wholhor particular matters have come lo my attention.
Basis of Independent Examlnerfs Report
My examination was carried out In accordance wllh the general Dlrections given by th8 Charlty Comm188lon. An
examination in¢ludes a comparison of the accounts with the accounting records kept by the Charity. It also
includes consideration of any unusual item5 Qr dis¢losuT8$ in the accounts, and s8eking explanations from you
as trustees concerning any svch matters. The procedures undertakgn do not provid9 all the evidence that would
be required in an audit, and consequently no q)inion is given as to whether the accounts present a 'lru@ and fair
view, and the report is limited to tho88 matter8 Set out in the Statement below.
Page 5

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED S APRIL 2023
Indfrpfrndont Examlner's 8tstemgnt
In connection with my axamination, no matter has come to my attgnlion:
which gtves me reasonable cause lo believe that in any maleTial respect the requirement8:
to keep accounting records in accordance with section 130 of the Chafilies Act 2011:
to prepare gccounts which accord with the accounting records,. and
to comply with the applicable requirements conceming the form and content of accounts sd out in the
Chartties (Accounts and Reports) Regulations 2008
have not been mel,. or
lo which, in my opinion, attention shoutd be drawn in order to enable a proper understanding of the
accounts to be reached.
Signed..
Dated..
21/11/2023
Christopher Bagnall FCA
Grant Thomlon UK LLP
Chartered Accountants
Milton Keynes
Pag& 6

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED S APRIL 2023
Endowmont Unrestrlctod
fund8
funds
2023
2023
Total
funds
2023
Total
funds
2022
Note
Incomlng resources:
Inve8lm&nt income
q13,424
113A24
120,376
Tot81 Incomlng resources
Expendlture on:
Raising funds
Charilablg activitias..
Direct costs- grants
Support costs
113,424
113A24
120.376
6,001
6,001
7.950
95,000
22.117
96,000
22,117
94,000
15. 760
Total expgndlturg
123,118
123.118
117,710
Net {10ssesygain$ on Invèslmenls
(87.470}
187,4701
152. 116
Not lexpendlturelllncome
Transfer8 between funds
(87,470)
(21.4061
19,6941
21N06
197,1641
154, 782
12
Ngt movement In funds
1108,8761
11,712
197,1641
154, 782
Rgconclllatlon of funds:
Total funds brought foNard
Nel movement in funds
5,549,798
1108,8761
42,382
11,712
6,692,180
197,1641
5,437,398
154, 782
Total funds Garrlgd f0Th￿rd
6.440.922
54,094
5,495,016
5,592. 180
The Statement of Financlal Actimlies include8 all galn8 and Iosseg recognised in the year.
The notes on pages 9 to 18 fomi part of these financial Slalements.
Page 7

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITA8LE TRUST
BALANCE SHEET
AS AT 6 APRIL 2023
2023
2022
Noto
Flxed assèts
Inve81menls
Investment PTQP9rty
1,430.483
3,972.500
7,506,677
3,972,500
SN02,983
5.479.177
Current assots
Debtors.. amunts falling due within one year
Cash at bank and in hand
10
68.309
30,221
82,920
36,940
98,530
119,860
Creditors: amounts falling due within one
year
11
(6.4971
(6,857J
Not curront assets
92.033
113,003
Total not assets
5,495,016
5,592, 180
Charity funds
Endowment funds
Unreslricled funds
12
12
5,440,922
54,094
5,549, 798
42,382
Total funds
6,496.016
5,592. 180
The financial stalemgnls were approved and aulhoii88d for Issue by the Trustees and signed on their bohalf by.
"kJ-
C J U Applegate
Trustee
Dale..
The notes on pages 9 to 18 fom part of these financial statements.
Pa98 8

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Accountlng pollcles
1.1 Ba$1$ of preparatlon of flnanclal statements
The financial slalements have begn prepared in accordance wllh the Charille8 SORP IFRS 1021
Accounllng and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance wlh the Financial Reporting Standard applicable in the UK
and Republic of ITeland IFRS 1021 {effective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Ropublic of Ireland IFRS 10218nd the Charities Act 2011.
The financi818lalemenl8 have been prepared to give a Yrue and fairf view and have departed from
the Chgrilies {Accounts and Reports) Règulations 2008 only lo the extent required to provide a 'lrue
and fai¢ vigw. This departure has involved following the Charities SORP IFRS 102} published in
October 2019 rather than the Accounting and Reporting by Charitigs.. Statem8nt of Recommended
Practice effective from 1 April 2005 which has Since been withdrawn.
The Jack Patslon Charitable Trust meets the dafinllion of a publlc benefit enllty under FRS 102.
See page 1 for the charty number, the registered office addres5 and the trustees. The finanGial
statements are presented in Sterling {£}.
1.2 Golng concem
The Trustees havè a reasonable expectation that the Charity has adequate Tesources lo continue in
operational existence for the foreseeable future. Other than the potential effect on invgslmant
valuations, the impact of Tecent macroeconomic events is relatively minimal. The Charity has
confirmed that it has adequate cash and investment resources for at least the next 12 month8
following the signing of these financial statements and for thi$ reason th9y continue lo adopt the
going concern basls in preparing the financial statements.
1.3 Fund accountlng
General funds are unrestricted funds which aro availabl& for U50 al the di5crotion of the Trustees in
furtherants of the general objedive8 of the Charity and which have not beon dosignated for other
purposes.
Enilowment fund8 represent those assets which musl be permanently held on trust by the Charlty.
The endowment funds are expendable.
Invgslmgnl income, gains and losses are allocated to the appropriate fund.
1.4 Income
All income is recognised once the Charity ha8 entitlement to the Income, It is probable that the
inGome will bg reGeived and the gmount of income receivable Can be m&asured reliably.
Rent receivable is recognis8d during the period lo which it relates.
Investment Income18 recogni8ed when receivabl8.
Page 9

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITA8LE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Accountlng pollcles {contlnuedl
1.6 Expenditurn
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party. St is probable that a transfer of economic benefits will be required in selllemenl and
the amount of th8 obligation can be measured reli8bly.
All exp8nditur8 is accounted for on an a¢Gruals basis. All expensès including Support Costs and
governance costs are allocated to the applicablo oxpendilure headings.
Support CO8ts are those costs incurred directly in support of expenditure on the objects of the Charity.
Govemance costs are those incurred in connection with administration of the Charity and compliance
with constitutional and statutory requSrem6nls.
Costs of generating funds are costs incurred in attracting voluntsry income, and those Incurr￿ in
trading actwilies that raise fund$.
Expenditure on raising funds includes all expenditur8 incurred by the Charity to raise fund$ for ils
chwilablg purposes and includes costs of all fvndTaising actI￿tIeS events and non-charilable trading.
Exp8nditure on charttable activities is incurred on directly undertaking thg activilles which further the
Charrtls objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those ca$gs where the offer
is conditional, such grants being recognised 88 expenditure when the conditions attaching a
fulfilled. Grarts offered subject lo Conditions which have not b98n met al the year end are noted as a
commitment. but not ?￿rUed as expenditure.
1.6 Interèst rec8ivablo
Interest on fund8 held on deposit is included when receivable and thg 8mounl can be measured
reliably by the Charity.. this is normally upon nolificalion of the interest paid or payable by the
institution with whom the funds are deposited.
1.7 Investsn8nts
Fixed asset Inve8tmen18 are a fomi of financial Instrument and are initially recognised al their
transaction cost and subsequently measured at fair value al the Balance sheet dale. Ltnless the value
cannot be measured reliably in which case it 18 measured al cosl le88 impalrment. Investment ggins
and losses, whether realised or unrealised, are combined and presented as 'Gainsl{Loss9s) on
Inv88tmenls' in the Statement of financial activi11gS.
1.8 Invostment property
Investment property 1$ measured at market value basgd on existing use. A fom)al valuation takgs
place every five years and interim valuations ar8 performed where ther8 are indications of a
81gnificanl change in the value of the prOpe￿as. No depreciation 18 provided. Changgs In value are
recognised in the Statement of Financial Activities.
Pag8 10

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Accounting pollcles Icontlnuedl
1.9 Doblors
Trade and other debtors are recognised al the settlement amount after any trad8 discount offered.
Prepayments are valued al the amount prepaid nel of any trade discounts due.
1.10 Cash at bank and In h8nd
Cash al bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
1.11 Credltors
Liabilities are recognised when there 13 an obligation al the Balance sheet date as a result of a past
event, il is probable that a IT?nsfer of economic benefit will be required in settlement, and thè amount
of the settlement can be estimated reliably.
Liabililios are recognised at the amount that the Charity anticipates it will pay to settle the debt or tho
amount it has received as advanced payments for the goods or 8eNices it mu31 provlde.
1.12 Flnanclal Instrurnents
Thg Charity only has financial a$sg18 and financial liabilities of a kind that quallfy as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and sub8equenlly
measured at their settlement value with tho gX¢gplion of bank loans which are subsequently
measured al amortised cost using the effective interest method.
Debt Inslruments {other than thosè wholly repayable or recelvable wllhin one year), includlng loans
and other accounts receivable and payable, are initially measured at present value of the future cash
IIows and subsequently at amortised cost using the effedive inlere$t method. Debt instruments that
are payable or Teceivable within ot)e year, typically trade debtors and creditors, are measurgd, initially
and subsequenlty, at the undiseounled amount of the cash or other consideration expected to be paid
or received. However, if the aTrangemenls of a short-lemi instrument con81ilule a financing
transaction, like the payment of a trade debt deferred beyond nonnal business lemis or In ca8e of an
out-right short4erm loan that is not at mafkel ralg. the financial asset or liability is measured, initially
al the present value of future cash flows discounted at a market rale of intaresl for a Similar debt
inslfumenl and subsequently al amortised cost, unless il qualifies as a loan from a dir￿tOr in the
caso of a small company, or a public behefil entity concessionary loan.
Inve8tmenl8 in non-derivative instruments that are 8quty to the issuer are mgo¥urfjd'.
al fair value wf(h changes recognised in the Statement of Financial Actlvllles If the 8hare8 a
publicly traded or their fair value can olheMse be measured reliably.,
al cost less impairment for all other inveslmenls.
1.13 Operating leases: the Trust as lessor
Rental income from operating lèases is cradlled lo the Statement of Financial Activities on an
accruals ba818 over the leasg19rm.
Pago11

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEhlENTS
FOR THE YEAR ENDED S APRIL 2023
Investment Incomg
Unrostrlcted
funds
2023
Total
funds
2023
Tot
funds
2022
Rental income
Dividends recelved on listed investments
Interest received
Wayleaves
58,653
53,808
222
741
58,653
53,808
222
741
61,889
56.240
2,239
113,424
113,424
120,376
Expendlturo on raising funds
Unrestrlcted
funds
2023
Total
funds
2023
Tot81
funds
2022
Land agents, charges- ￿ntaI ¢olloclion commission
other costs
Property In$uran¢e
Investment management fee
4,493
318
710
480
4.493
31B
710
2,346
4.484
640
6.001
6,001
7,950
P8ge12

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Analysls of gxpgndlture on charitable actlvltles
Summary by fund ty
Unrestrlctod
funds
2023
Total
2023
Total
2022
Direct C0818- Grants (Note 51
Support cost5- Solicilor8' fees
Support co$ts- Ind¢pendenl examination fee8
Support costs- Accountants, fv&$
95.000
18,157
1,200
2,760
95.000
18,157
1,200
2.760
12,052
l. 140
2,568
117,117
117,117
109, 760
Pag913

Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED SAPRIL 2023
Schedule of grants
2023
Leicester8hire Historic Churches Trust
St Peter's Church, Stockerston
St Benedict's Church, Glinton
All Saints, Church, Sutton Bassett
st Andrews Church. Great Easton
Holy Trinity ChuTch, Nomianlon Le Heath
st Nicholas, Church, Stretton
Sl Peterfs Church. Copl Oak
Sl Peter and Sl Paul Church, Syston
st Peter and Sl Paul Church, Grgat Casterton
Sl Thomas Bethgt ChurGh, Skeffington
L8ngdyk8 Countryside Trust
St Leonard's Church, Southoe
St Potgrfs Church, Belton-in-Rulland
Christ Church, Chrlstchurch
st Andrew's Church, Foxton
Sl Michael and All Angels, Church, Ravenstone
Sl Gulhlg¢'8 Church, Slalhern
All Saints and Sl AndresV3 Church, Kingston
St Edmund's Church. Egleton
Clipgham Yew Tree Avenue Tru8t
All Saints, Church, Tinw811
All Saints, Church, Cadeby
Derby8hire, Leicestershire & Rulland Air Ambulance
St Marls Church, Ansley
Sl Andrew's Church. Welham
The Barn Owl Trust
Bat Con8eNalion Trust
The Woodland Trust
All Saints, Church, Wigslon Magna
All Saints, Church, Gilmrton
Holy Trinity Church, Hinckl8y
Mountsorrel Baptist Church
st Andrew's ChurGh, Ufford
5,000
5,000
3,500
3.000
3.000
3,000
3,000
3.000
3.000
3,000
3,000
3,000
3,000
3.000
3.000
3,000
3,000
3,000
3.000
3,000
3,000
3,000
2,SOO
2,600
2,600
2,000
2.000
2.000
2,0(10
2,000
2,000
2,000
1.600
1,500
95,000
All grants paid In the current and prior year were to instilulions. No support CO818 have begn allocated to
grant making aclivilies.
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Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Indèpèndent examlnèls remuner•tlon
The independent examiner'8 remuneration amounts lo £1,20012022- £1, 1401. Accountancy fees amount
to £2,76012022 - £2.568}.
Staff costs and Trustg9$' rgmuneratlon and ex￿n8•S
The charity has no employees, other than the trust89$, who did not rg¢0iv8 any T8mungTalDn12022- £nil).
No employee re￿iVed remuneration amounts'ng to more than £60,000 (2022- non81.
Expenses of £284 {2022 - £245) were reimbuT8ed lo truste8s 12022 - ￿0), £235 in relation to lunch
expense5 and £49 for Mil￿gO claim5.
Flxed asset Investments
Llsted
Investments
Cost or valuation
At 6 April 2022
Additions
Disposals
R8v8luallons
1.606.677
246,953
1242,338)
180,809)
At 5 April 2023
1,430.483
The hi$tori¢al oost of fixed asset investments held at 5 April 2023 is £1,262,603 (2022- £1,243,211).
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Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
Invostmenl property
Freehold
Investment
proporty
Valuatlon
Al 6 April 2022
3,972,500
At S April 2023
3,972,500
The year end valuation of £3,972,500 12022 - £3,972.500I comprises £3,395,00012022 - £3,395,000) of
vtholly ¢)wned propertios and £577.500 (2022 - £577,5001 of properties th haw share.
The freehold investment propertie$ were valued at markol value based on existing use by Stephen Knipe
& Co 86 at S April 2021. Tho tru$t88s do not considor the value of the property ha8 changed from thè 2021
valuation.
10. Dobtors: Amounts falllng due wlthln one year
2023
2022
Trade debtors {rent81
other debtor8 (hald by Stock Brokers)
30.003
38,306
34,321
48.599
68,309
82,920
other debtors ccmprises of cash held within the listed investment portfollo.
11. Cradltors: Amounts falllng duo wlthln one year
2023
2022
other creditors (Buckles and Stephen Knipe & Co}
Accruals and deferred inoomg
2.537
3,960
3, 149
3, 708
6.497
6.857
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Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2023
12. Statement of funds
Stat•m•nt of funds- current year
Tran8f•r8
botwoon
funds
Balance at 6
Aprfl 2022
Gainsl Balance at S
ILossgs1 April 2023
Income Expondlture
Unrastrlctsd
fund¥
Unreslricled
funds genoral
42,382
113,424
1123,118)
21,406
54,094
Endowmgnt
funds
Endowment
fvnds
5,549.798
121,4061
187A701 5,440,922
Totsl of funds
5,592,180
113.424
1123.118)
187N701
5,495,016
Statomont of funds- prlor year
Balance al
6 Apn-12021
Gainsl
Balance at
(Losses) 5Apnl 2022
Income Expenditure
Unrestrlctsd funds
Unrestricted funds- general
39,716
120.376
(117. flo)
42,382
Endowmont funds
Endowment Funds- all funds
&397,682
152. It6
5549,798
Totsl offunds
4437,398
120,376
(117,710)
152, 116
&592.180
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Docusign En¥ÈlopÈ ID." 65A1F22C-FF3140BA-83CC-E9F5A4D25E9E
THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5APRIL 2023
13. Analygls of net aS￿ts bgtween funds
Analys1$ of net a88ets be￿een funds . current year
Endowment Unrestrlcted
funds
funds
2023
2023
Total
funds
2023
Fixed asset inve81menls
Investment property
C￿rr￿nt assets
Creditors due wlhin one year
1,430,483
3,972,500
37,939
1.430,483
3.972.600
98,530
(6,4971
60,591
16,49n
Totsl
5,440,922
54.094
5,495,016
An8lysls of net assets b8tW•on fund$- prior year
Endowment UnTrslricted
funds
funds
2022
2022
Tot
funds
2022
Flxed 88set investments
Investment property
Curr8nl 8ssets
Creditors due wi(hin one ygar
1,506,677
3,972,500
70,621
1,506.677
3,972,500
119,860
(6,857)
49,239
(6.857)
Tolal
5.549, 798
42,382
1592, 180
14. Related party transadlons
Mr Jackson, a trustee, 18 8 partner in Buckle8 Solicitors. During the year Buckles Solicitors charged thg
trust £18,157 {2022 £12,052). Wlthin other debtors. therè are Cash and cash equivalents held on
account by Buckles Solicitors lotalling £367 {2022 - £3781.
Mr Knipe, a trusl6e, is a valuer and land agent al Stephen Knipe & Co. During thg year Stephen Knlpe &
Co charged the trust £4,49312022 - £5,646) for rent commission and professional 8eMces and £nil foi
specific professional services and advic8 in connection with land at Eye12022 - £1501. At the ygar gnd
£2.39212022- £2,509) wa$ owed to Stephen Knipe & Co.
16. Post balance sheet tvonts
In July 2023 the charity acquired an area of woodland of approximately 3.74 acres adjoining their existing
land at Manor Fami, Stibbinglon at a cost of £26,000.
Page 18