Charity Number: 701658
THE JACK PATSTON CHARITABLE TRUST
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

THE JACK PATSTON CHARITABLE TRUST
CONTENTS
Page
Reference and adminlstrative detalls of the Charity, its Trustees and advisers
Trustees, report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financlal statement
8-17

THE JACK PATSTON CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED
5 APRIL 2024
Trustees
C J U Applegate
S G Knipe
D Jackson
Charity registered number
701658
Principal office
Buckles Solicitors LLP
Grant House
101 Bourges Boulevard
Peterborough
PEI ING
Independent Examiner
Kerry Hilliard ACA FCCA CTA
Price Bailey LLP
36 Tyndall Court
Commerce Road
Lynchwood
Peterborough
PE2 6LR
Banker5
Barclays Bank PLC
I Church Street
Peterborough
PEI IXB
Solicitors
Buckles Solicitors LLP
Grant House
101 Bourges Boulevard
Peterborough
PEI ING
Investment managers
Barratt & Cooke Stockbrokers
5 Opie Street
Norwich
Norfolk
NR13DW
Valuers and Land Agent5
Stephen Knipe & Co
la Abbey Road
Bourne
Lincolnshire
PEIO 9EE

THE JACK PATSTON CHARITABLE TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The Trustees present their report together with the financial statements for the year ended 5 April 2024. The
Trustees confirm that the Trustee5' report and financial statements of the Charity comply with the current statutorv
requirements, the requirements of the Charity's governing document and the provisions of the Statement of
Recommended Practice {SORPI, applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019).
Objectives and actlvltles
a. Policies, objectives and achievements
The trust is a grant making charity, the Trustees receive and respond to written requests for funding.
The trust's objects, as set out in the trust deed, remain unchanged. The endowment fund and the income is to be
applied for such charitable purposes as the Trustees may from time to time at their discretion think fit, particularly
in Leicestershire and Cambridgeshire and with particular regard to the preservation of wildlife, the environment,
the advancement of religion and the preservation of rural church fabric.
The grants paid out during the year are set out in notes 4 and 5 of the financial statements.
In setting objectives and planning for activities, the Trustees have given due consideration to the general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a
cha rity I P82)'.
b. Main achievements
During the year the Charity paid grants totalling £97,300 (2023.. £95,000) to a significant number of beneficiaries,
see note 5 for the schedule of grants. The beneficiaries used the grant funding for a large number of different
causes, these included, and in the case of churches, were not limited to, repairs to and conservation of masonry,
roofing, gutters and bell frame5, and general reordering to provide for the installation of toilet5 and serveries, damp
eradication and a variety of urgent repairs.
Performance
a. Financial Review
The total incorne for the year was £122,371 compared with £113,424 for the year ended S April 2023.
Charitable grants during the year totalled £97,30012023- £95,000) to 37 (2023- 34) institutions.
There was a net deficit before movement on investments for the year amounting to £8,128 {2023 - £9,694).
Net losses on investments amounted to £20,036 12023 - losses of £87,470) which included realised losses on
investments of £1,924 12023- losses of £6,661) unrealised losses on investments of £18,112 12023 - losses of
£80.809) and revaluation gains in relation to investment property of £nil12023 - £nil}.
As at 5 April 2024 Endowment funds totalled £5,447.347 {2023 £5,440,922) and Ljnrestricted reserves totalled
£19,505 (2023 - £54,094).

THE JACK PATSTON CHARITABLE TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Performance (contlnued
b. Reserves Policy
The funds, all of which are unrestricted, are apportioned between expendable endowment and income. Although
both are expendable, the Trustees consider the balance on the income account to be a free reserve available for
distribution as grants but do not, as a matter of policy, treat the expendable endowment as distributable. They
regularly review the manner in which the income fund may be applied in accordance with the objectives of the
charity.
c. Investments
Investments comprise freehold properties and listed investment5 which are considered to have a medium level of
risk,
The Trustees engage a firm of valuers and land agents to advise on the property portfolio and to value the
properties every 5 years. Interim valuations are performed when there are indications of a significant change in the
value of the properties. The latest full valuation was carried out 3t 5 April 2021, the trustees do not consider the
value of the property has significantly changed from the 2021 valuation. Rents receivable for the year ended 5 April
2024 totalled £61,88212023 - £58,653).
Listed investments are reviewed in conjunction with the stockbrokers on a regular basis. At the end of the financial
year, the market value of the investment portfolio was £1,403,917 excluding uninvested Cash, compared with
£1,430,483 at the end of the previous year. Income from listed investments was £46,697 compared to £53,808 in
the previous year.
d. Going concern
The Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational
existence for the foreseeable future. Other than the potential effect on investment valuations, the impact of current
macroeconomic events is relatively minimal. The Charity has confirmed that it has adequate cash and investment
resources for at least the next 12 months fo51owing the signing of these financial statements and for this reason they
continue to adopt the going concern basis in preparing the financial statement5.
Structure, governance and management
a. Constitution
The Charity, The Jack Patston Charitable Trust, which is unincorporated, was established by a charitable trust deed
dated 18 May 1989. Please refer to page I for the registered number and registered office address.
The Trustees who served during the year were.,
C J U Applegate
SG Knipe
D Jackson
The trustees have a55essed the major risks to which the Charity 15 exposed, and are satisfied that Sy5tem5 are in
place to mitigate exposure to the major risks.

THE JACK PATSTON CHARITABLE TRUST
TRUSTEES, REPORT ICONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Structure, governance and management
b. Methods of appointment or election of Trustees
The Trust has the statutory power of appointing new trustees.
Statement of Trustees, responsibilities
The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each
financial year which give a true and fair view of the state of aff airs of the charity and of the incoming resources and
appl ication of resources of the cha rity for that period.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP 2019 IFRS 102);
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting stand3rds have been followed;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in operation.
The Trustee5 are responsible for keeping proper accounting records that disclose with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charities (Accounts and Report51 Regulations 2008 and the provisions of the trLJSt deed. They
are responsible for safeguarding the asset5 of the charity and hence for taking reasonable steps for the prevention
and detertion of fraud and other irregularities.
Approved by order of the members of the board of Tru5tee5 and signed on their behalf by..
C J U Applegate
Icha i r of trustees)
Date..

THE JACK PATSTON CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 5 APRIL 2024
Independent Examiner's Report to the Trustees of The Jack Patston Charitable Trust {'the Charity,)
I report to the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2024
which are Set out on pages 6 to 17.
Yotjr attention is drawri to the fact that the charity has prepared the financial Statements in accordance with the
relevant version of the Statement of Recommended Practice applicable to charitie5 preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 in
preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice i$5ued on l April
2005 which is referred to in the extant regulations but has been withdrawn.
l understand that this has been done in order for the financial statements to provide a true and fair view in
accordance with UK Generally Accepted Accounting Practice.
Responsibilities and basis of report
A5 the charity's trustee5 you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 {'the Act,).
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in
carrying out my examination I have followed all the applicable Directions given by the Charity Commission under
section 14515)Ibl of the Act,
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with
the examination giving me cause to believe that in any material rep5ect'.
accounting records were not kept in respect of the charity as required by section 130 of the Act. or
the accounts do not accord with those records," or
the accounts do 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 cinsidered as part of an independent examination.
I have no concerns and have come acrcss no other matter5 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.
Signed.. I
Kerry Hilliard FCA ACCA CTA
Price Bailey LLP
36 Tyndall Court
Commerce Raod
Lynchwood
Peterborough
PE2 6LR

THE JACK PATSTON CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED S APRIL 2024
Endowment Unrestrlrted Total funds
funds 2024 funds 2024
2024
Total funds
2023
Note
Incoming resources
Investment income
122,371
122,371
113,424
Total incomlng resources
122,371
122,371
113,424
Expendlture on:
Raising funds
Charitable artivities:
Direct costs gra nts
Support costs
6,517
6,517
6,001
97,300
26,682
97,300
26,682
95,000
22,117
Total expenditure
130,499
130,499
123,118
Net Ilosses)/gains on investment
120.0361
{20,036}
{87,470)
Net (expenditure)/income
Transfer between funds
120,0361
26,461
18,128)
126,461)
128,164}
(97,164)
12
Net movement in funds
6,425
134,5891
128,164)
197,164
Reconciliation of funds
Total fund5 brought forward
Net movement in funds
5,440,922
6,425
54,094
134,5891
5,495,016
128,164)
5,S92,180
(97,164}
Total funds carried fonNard
5,447,347
19,505
5,466,852
5,495,016
The Statement of Financial Activities includes all gains and losses recognised in the year.
The note5 on pages 8 to 17 form part of these financial statements.

THE JACK PATSTON CHARITABLE TRUST
BALANCE SHEET
AS AT 5 APRIL 2024
2024
2023
Note
Fixed assets
Investments
Investment property
1,403,917
3,999,449
1,430,483
3,972,500
5,403,366
5,402,983
Current assets
Debtors; amounts falling due within one year
Cash at bank and in hand
10
77,184
45,487
68,309
30,221
122,671
98,530
Creditors: amounts falling due within one year
li
(59,185)
16.4971
Net current assets
63,486
92,033
Total net assets
5,466,852
5,495,016
Charity funds
Endowment funds
Unrestricted funds
12
12
5,447,347
19,505
5,440,922
54,094
Total Funds
5,466,852
5,495,016
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Trustee
Date:
The notes on page 8 to 17 form part of these financial statements.

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
I l. Accounting policies
1.1. Basis of preparation of financial statements
The financial statements have been prepared in accordance with the relevant version of the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK
Generally Accepted Accounting Practice.
The financial statement5 have been prepared to give a 'true and fair, view and have departed from the
Charities {Accounts and Reportsl Regulations 2008 only to the extent required to provide a 'true and fair view,.
This departure has involved following the relevant version of the Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financia l Reporting Standard applica ble
in the UK and Republic of Ireland IFRS 1021 rather than the Accounting and Reporting by Charities: Statement
of Recommended Practice effective from l April 2005 which ha5 since been withdrawn.
The Jack Patston Charitable Trust meets the definition of a public benefit entity under the FRS 102.
See page I for the charity number, the registered office address and the trustee5. The financial statements are
presented in Sterling (£).
1.2 Going Concern
The Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational
existence for the foreseeable future. Other than the potential eff ect on investment valuations, the impact of
recent macroeconomic events is relatively minimal. The Charity has confirmed that it has adequate cash and
investment resources for at least the next 12 months following the signing of these financial statements and
for this reason they continue to adopt the going concern basis in preparing the financial statements.
1.3 Fund Accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance
of the general objectives of the Charity and which have not been designated for other purposes.
Endowment funds represent those assets which must be permanently held on trust by the Charity. The
endowment funds are expendable.
Investment income, gains and losses are allocated to the appropriate fund.
1.4 Income
All incorne is recognised once the Charity has entitlement to the income, it 15 probable that the incorne will be
received and the amount of income receivable can be measured reliably.
Rent receivable is recognised during the period to wh ich it relates.
Investment income is recgonised when receivable.

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
l i. Accounting policies (contlnued)
1,5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of
the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance
costs are allocated to the applicable expenditure headings.
Support cost5 are those costs irlcurred directly in support of expenditure on the objects of the Charity,
Governance costs are those incurred in connection with administration of the Charity and compliance with
constitutional and statutory requirements.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading
activities that raise funds.
Expenditure on ra ising funds includes all expenditure incurred by the Charity to raise funds for its charitable
purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on chaiitable activities is incurred on directly undertaking the activities which further the Charity's
objectives, as well as any associated support Costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is
conditional, such as grat)ts being recognised as expenditure when the conditions attached are fulfilled. Grants
offered subject to conditions which have not been met at the year end are noted as commitment, but not
accrued as expenditure.
1.6 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
Charity; this is normally upon notification of the interest paid or payable by the institution with whom the
funds are deposited.
1.7 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost
and subsequently measured at fair value at the balance sheet date, unless the value cannot be measured
reliably in which case it is measured at cost le55 impairment. Investment gains and losses, whether realised or
unrealised, are combined and presented as 'Gains/lLossesl on investments, in the Statement of financia
activities.
1.8 Investment property
Investment property 15 measured at market value based on existing use. A formal valuation takes place every
five years and interim valuations are performed where there are indications of a significant change in the value
of the properties. No depreciation is provided. Changes in value are recognised in the Statement of Financial
Activities.

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
l Accountlng Policies (Contlnued)
1.9. Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered,
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.10 Cash at bank and in hand
Cash at b3nk and in hand includes cash and short-term highly liquid investments with a short maturity of three
months or less from the date of acqui51tion or opening of the deposit or similar account.
1.11 Creditors
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it 15
probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement
can be estimated reliably.
Liabilitie5 are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount
t has received as advanced payments for the goods or services it must provide.
1.12 Financ5al Instruments
The Charity only ha5 financial assets and fina ncial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value with the exception of bank loans which are subsequently measured at amortised c05t Using
the effective Interest method.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other
accounts receivable and payable, are initially measured at present value of the future cash flows and
subsequently at amortlsed cost, using the effective interest method. Debt instruments that are payable or
receivable within one year, typically trade debtors and creditors, are measured initially and subsequently, at
the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the
arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt
referred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the
financial asset or liability is measured, initially at the present value of future cash flows discou nted at a market
rate of interest for a Similar debt instrument and subsequently at amortised c05t, unless it qualifies as a loan
from a director in the case of a small company, or a public benefit entity concessionary loan.
Investment5 in non-derivative instruments that are equity to the issuer are measured:
at fair val ue with changes recognised in the Statement of Financial Activities if the share5 are publicly
traded or their fair value can otherwise be measured reliably-
at cost less impairment for all other investments .
1.13 Operating leases: the Trust as lessor
Rental income from the operating leases is credited to the Statement of Financial Activities on an accruals basis
over the lease term.
io

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
2 Investment income
Unrestricted Total funds
funds 2024
2024
Total funds
2023
Rental income
Dividends received on listed investments
Interest received
Wayleaves
61,882
46,697
11,087
2,705
61,882
46,697
11,087
2,705
58,653
53,808
222
741
122,371
122,371
113,424
3 Expenditure on raising funds
Unrestricted Total funds
funds 2024
2024
Total funds
2023
Land aEents' charges- rental collection commission
Land agents, charges- surveyor fees
Other costs
Property Insurance
Investment management fee
4,647
480
348
286
756
4,647
480
348
286
756
4,493
318
710
480
6,517
6,517
6,001
li

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
4 Analysis of expendlture on charitable activities
Summary by fund type
Unrestricted
funds 2024
Total 2024
Total 2023
Direct costs - Grants (Note 51
Support costs - Solicitors, fees
Support costs - Independent examination fees
Support costs - Accountants, fees
97,300
23,112
1,074
2,496
97,300
23,112
1,074
2,496
95,000
18,157
1,200
2,760
123,982
123,982
117,117
12

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
5 schedule of grants
2024
All Saints, Church, Tilbrook
Holy Trinity Church, Thrussington
Free Church, Market Bosworth
St Peter and St Paul Church, Market Overton
St Andrew's Church, Carlton
The Barn Owl Trust
Bumblebee Conservation Trust
St Michael and All Angels Church, Croft
Derbyshire, Leicestershire & Rutland Air Ambulance
Lakelands Day Care Hospice, Corby
St Mary's Church, Hardwick
St Michael and All Angels Church, Whitwell
St Peter's Church, Barrowden
St Peter and St Paul Church, Exton
St John the Evangelist Church, Donisthorpe
The Wildlife Trust for Bedfordshire, Cambridgeshire & Northamptonshire
5t Philip and Stjames Church, Groby
Sue Ryder Hospice (Thorpe Hall)
All Saints, Church, Gazeley
All Saints, Church, Keyham
All Saint5 With Holy Trinity Church, Loughborough
All Saints, Church, Wittering
Churches Conservation Trust
Clipsh3m Yew Tree Avenue Trust
Dove Cottage Day Hospice
Ely Cathedral
Holt Island Nature Reserve, St. Ives
Leicestershire Historic Churches Trust
Newton Verdon Baptist Church
Plant Heritage
St Catherine's Church, Burbage
St Denys, Church, Stonton Wyville
St Luke's Church, Laughton
5t Mary the Virgin Church, Weston-by-welland
St Michael and All Angels Church, Whitwell
St Peter's Church, Horninghold
St Peter's Church, Stetchworth
3,000
4,000
3,000
2,500
300
2,000
2,000
3,000
2,000
2,000
2,000
2,000
3.000
2,000
4,000
3,000
2,500
2,000
3,500
3,000
3,500
2,500
2,000
3,000
2,500
3,000
3,000
3,000
2,500
2,000
3,000
2,000
2,000
3,000
2,500
3,500
3,500
97,300
All grants paid in the current and prior year were to institutions. No support costs have been allocated to grant
making activities.
13

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 20Z4
6 Independent examiner's remuneration
The independent examiner's remuneration amounts to £1,07412023 - £1,200). Accountancy fees amount to
£2,496 (2023 - £2,760>.
7 Staff costs and Trustees, remuneration and expenses
The Charity has no employees, other than the trustees, who did not receive any remuneration (2023 £nill.
No employee received remuneration amounting to more than £60,00012023 - none).
Expenses of £320 {2023 - £284) were reimbursed to two trustees (2023- two) in relation to lunch expenses.
8 Fixed asset Investments
Listed
investments
Cost or valuation
At 6 April 2023
Additions
Disposals
Revaluations
1,430,483
115,552
1124,006)
{18,112}
At 5 April 2024
1,403,917
The historical cost of fixed asset investment5 held at 5 April 2024 is £1,263,586 {2023 - £1.262,603).
14

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
9 Investment property
Freehold
Investment
property
Valuation
At 6 April 2023
Additions
3,972,500
26,949
At 5 April 2024
3,999,449
The year end valuation of £3,999,44912023 - £3,972,500) comprises £3,421,94912023 - £3,395,000) of wholly
owned properties and £577,500 {2023- £577,500) of properties with half share.
The existing freehold investment properties were valued at market value based on existing tjse by Stephen
Knipe & Co as at 5 April 2021. The Trustees are of the opinion that this revaluation continues to reflect the fair
value of the freehold investment property,
10 Debtors: Amount falllng due within one year
2024
2023
Trade debtors (rents)
Other debtors (held by Stock Brokers)
Prepayments
32,596
43,981
607
30,003
38,306
77,184
68,309
Other debtors comprises of cash held within the listed investment portfolio.
11 Creditor5: Amount5 falling due wlthin one year
2024
2023
Other creditors - grants payable
Other creditors- Buckles and Stephen Knipe & Co
Accruals and deferred income
52,900
2,715
3,570
2,537
3,960
59,185
6,497
15

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
12 Statement of funds
Statement of funds - current year
Transfer
between
funds
Balance at 6
April 2023
Gains/ Balance at 5
(Losses)
April 2024
Income
Expenditure
Unrestrlcted funds
Unrestricted funds
54,094
122,371
(130,499}
{26,461}
19,505
Endowment funds
Endowment funds
5,440.922
26,461
(20,0361
5,447,347
Total of funds
5,495,016
122,371
{130,499}
120,0361
5,466,852
Statement of funds - prior year
Transfer
between
funds
Balance at 6
April 2022
Gains/ Balance at 5
(Losses)
April 2023
Income Expendlture
Unrestricted funds
Unrestricted funds
42.382
113,424
(123,1181
21,406
54,094
Endowment funds
Endowment funds
5,549,798
(21,4061
187,4701
5,440,922
Total of funds
5,592,180
113,424
(123,118)
187,470)
5,495,016
16

THE JACK PATSTON CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
13 Analysis of net assets between funds
Analysis of net assets between funds- current year
Endowment Unrestricted Total funds
funds 2024 funds 2024
2024
Fixed asset investment
Investment property
Current assets
Creditors due within one year
1,403,917
3,999,449
43,981
1,403,917
3,999,449
122,671
159,185)
78,690
{59,1851
Total
5,447,347
19,505
5,466,852
Analysis of net assets - prior year
Endowment Unrestrlcted Total funds
funds 2023 funds 2023
2023
Fixed asset investments
Investment property
Current assets
Creditors due withir) one year
1,430,483
3,972,500
37,939
1,430,483
3,972,500
98,530
{6,497}
60,591
16,497)
Total
5,440,922
54,094
5,495,016
14 Related party transactlons
Mr Jackson, a trustee, is a partner in BLJckles Solicitors. During the year Buckles Solicitors charged the trust
£23,11212023- £18,157).
Mr Knipe, a trustee, is a valuer and land agent at Stephen Knipe & Co. During the year Stephen Knipe & Co
charged the trust £4,647 12023 £4,493) for rent commission and professional services). At the year end
£2,429 {2023- £2,392} wa5 owed to Stephen Knipe & Co.
17