2024-04-05-accounts - The John Beckwith Charitable Trust

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Charity Number: B00276 THE JOHN BECKWITH CHARITABLE TRUST DATED 23 FEBRUARY 1987 ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2024

THE JOHN BECKWITH CHARITABLE TRUST REPORT FOR THE YEAR ENDED 5 APRIL 2024 CONTENTS Trustees and Adwsers Report of the Trustees Independent auditors, report Statement of Flnancial Activities 10 Balance Sheet 11 Notos lo tho financial stalements 12-16

THE JOHN BECKWITH CHARITABLE TRUST REPORT FOR THE YEAR ENDED S APRIL 2024 TRUSTEES AND ADVISERS SETTLOR John Lionel Beckwilh TRUSTEES John Lionel Beckwilh Healhar Marle Be¢kwith Chrislopher Michael Meech DATE OF SETTLEMENT 23 February 1987 CHARITY NUMBER 800276 PRINICIPAL OFFICE 124 Sloane Slreel London SW1X 9BW REGISTERED AUDITORS Paul Howley & Co Ltd Chartered Certified Accounlanls 42 Pill Street Barnsley South Yoikshlre S70 1BB BANKERS Lloyds Priva18 Banking 21-23 Hill Street London W1J 5JW HSBC 8 Cork Street London W1S3U

THE JOHN BECKWITH CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 The Trustees present Ihelr report and accounts for the year ended 5 Aplll 2024. The Financial Slalemenls have been prepared in accordance with the accounting poli¢le$ sèt out in note 1 to the flnancial slalemenls and comply with the Charity's Trust Deed, the Charilies Act 2011. and the Statement of Recommend6d Praclice: Accounling and Reporting by Charities preparing their ac¢ounts In a¢¢ordance with Iho Financial Reporting Standard appllcabl8 in thè UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). The report lakes account of Ihe requirement for Trustees lo report annually on public banefit and Ihe Trustees have had regard to Ihe Charily Commission's guldance on public benefit. Legal and admlnistrative infomiatlon The Charlly was established undei a Trust Deed dated 23 February 1987. The reglstered Charlly number is 800276 and Ils piinapal offtce is situated at 124 Sloane Streel, London SW1X 9BW. Structurey governance and management Th8 Board of Truslees Comprfses three members, and is sublect lo a maxlmum of four. Trustees are appointed for an indefinite period by the Setllor during his lif8 and aflerwards by the Board of Trustees. Sf the number of Trustees falls below three, then new Trustees may be appointed subject lo the maxlmum number ofTrustees permllled by the Trust Deed. The names of Ihe Trustees who held office during the year ended 5 April 2024 are givon on page 3 of Ihe annual report, The Board of Trustees aim lo meet once a year to review appllcallons for grants, revlew lh8 Charity's rinancial position, and review the Inveslmenl porlfolio and lo discuss any other mallers. Risk assessment The Trustees have identified and reviewed the major risks lo which Ihe Charity is exposed, in particular those related lo Ihe operallons and finance of the Charily. and established systems and procedures lo manage those risks. Objectlves and alms Th8 objecl of Ihe Charlly is lo make donations to charitable bodles, 8ssoclatlons or Inslltutions or for such charitable purposes as the Truslees in their absolute disuelion deleTmine. Income generatlon The Charity's princlpal sources of incorne are donation5 from the seltlor, investment income from funds and equity shares, bank interest on deposits and UK income lax recovered under Gift Aid. Resour¢e8 expended The Income of the Charity is used lo make donatlons to charilable bodies, assoclalions or Instilutions or for such charitable purposes as the Trustees in thelr absolule discretion determine. Adminislrallon costs are incurred.

THE JOHN BECKWITH CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 (contlnuedl Public beneflt The Chaiity's aims were carried out for Ihe public benefit. This has been achieved through Ihe provision of financial support lo 36 different charities working lo improve health. welfare and education. Full details of these granls are disclosed in note 6 to the Financial Statemenls. Financlal revlew Total income received during the year was £46,264 <2023: £241,927} which included £0 {2023.' £160,000) from the Selllor, £0 (2023: £40,000) from Gift Aid and £46,264 inveslmenl income (2023: £41,927). Donallons committed durfng the year ended 5 Aprll 2024 tolalled £87,500 (2023: £BO,466).These amounts were donated lo various charilablo inslitulions supporting tha medical research. sporl and 50¢1al welfare. Full details of donallons made are ijisdosed in note 6 to the accounts. No Indlvidual donalSons over £10.000 were commilled to In elther Ihe current or prior. Unrestricted funds al 5 April 2024 amounted to £936,543 (2022: £1,216.862). Investmgnt powers The Trust Deed defines the Trustees. inveslment powers. The TNstees have unreslricled power of Inveslment. Investmont pollcy and perfomance The Charlly has adopted a long term medium-risk investment slralegy, investing in hedge funds and UK Ilsled shares for long term capital gr0h. The Charily's assets have ¢onlinued to be managed In accordance with the Trustees, poll¢les and Ihe provlslons of the Trust Deed and laklng inlo account shori term cash ftow needs. The Investment had a market value of £876.294 at 5 Aprll 2024 compared with £1,075,003 al the preVu$ year end. The movemenl in the year represenls 8 fall in markel value of £196,062 and a loss of forelgn exchange of £2.647. The Trustees are salisfied with the performan of the portfolio during the year In the conlexl of the world slock markèts. Reserves pollcy The Trustees have reviewed Ihe level of reserves held by Ihe Charity. The reseNes are needed to meel the objeclives of the Charily which are. as noled above, lo make charilable donations. Th8 reseNes represent investment In Ihe form of overseas funds, equity shares and cash. As a resull of the review, Ihe Trustees have concluded Ihal the levèl of freo reserves is adequate to make further donalions in fulure years. Future plans The Tiuslees will conlinue to fund programmes In their absolute dlscretion li lighl of the avallable resovrces.

THE JOHN BECKWITH CHARITABLE TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 (continued)

Trustees' responsibilities in relation to the financial statements

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial stalements; and;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue to operate.

The Trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Financial Statements and Reports) Regulations 2008 and the provisions of the trust deed. The Trustees are responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees confirm that they have complied with their duty under section 17(5) of the Charities Act 2011 to have due regard to guidance published by the Charity Commission.

Approved by the Trustees on February 2025 and signed on their behalf by: 60.

John L Beckwith

THE JOHN BECKWITH CHARITABLE TRUST

Independent auditors' report to the Trustees of The John Beckwith Charitable Trust

Opinion on financial statements

We have audited the financial statements of The John Beckwith Charitable Trust for the year ended 5 April 2024 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes on pages 12 to 16. These financial statements have been prepared under the accounting policies set out therein. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the charity's affairs as at 5 April 2024 and of its incoming resources and application of resources for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The Trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

(continued)

THE JOHN BECKWITH CHARITABLE TRUST Independent audltors, report to the Trustees of The John Beckwith Charitable Trust l¢ont'd} Matters on which we are requlred to report by exceptlon We have nolhing to report in respect of the following matters where the Charllles (Accounts and Reports) Regulations 2008 requires us to report lo you if, in our opinion: the information given in the Report of the Truslees is inconsistent In any malerlal respect wlth the financial stalemenls; or sufficient accounting records have not been kept; or the financial statements are not in agreemenl with the accounllng Tecords and relurns: or we havo nol received all the information and explanations we require for our audit. Responslbllltles of the Trustee$ As explained more fully in Ihe Trustees. responsibilities statement sel out in the Truslees, Report, the Trustees are responsiblg for the preparalion of the financial slalements and for being satisfied Ihal they give a Iiuè and fair view, and for such internal control as the Trustees determine is necessary to enable Ihe praparalion of finandal slatemenls Ihat are free from mateflal mlsstalemenl, whether due to fraud or error. In prepaTlng the financial slalemenls, the Trustees are responsibla for assessing tho charity's ability to conlinue as a going concern, disclosing, as applicable, mallers related lo going concern and uslng the going concern basis of accounling unless the Trustees either Inlend to1Squldate the Charity or lo cease operallons, or have no reallsllc allernalive bul lo do so. Auditor'8 respon8lbilities for the audlt of the flnanclal 8talements Our objectives are lo oblain reasonable assurance about whether Ihe financial slalemÈnt8 as a whole ara fre6 from malarial misslalement, whether dué lo fraud or error. and to issue an audllor's report that Includes our oplnlon. Reasonable assurance Is a high level of assurance. but Ss not a guarantee that an audit ndUcted In a¢¢ordan¢e wilh ISAS (UK) will always dele¢l a material misslalement when11 exists. Mlsstatements can arise from fraud or error and are considerad material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users lak8n on the basis of these financial Statements. Irregularities, including fraud, are instances of non-compliance wilh laws and regulafjons. We design procedures In Ilne with our responsibilities, oulllned above, to detect material misslalemenls in resp8¢t of irregularllles, including fraud. Based on our underslandlng of the charlty and the environment In whlchll operates. we Idenllfied thal the prin¢lpal rlsks of non-complianrn with laws and regulations relaled to Ihe regulatory iequiremenls of the Charily Commission. and we considered the extent to which non.compliance might have a maleiial effect on the financial slalemenls. We also considered those laws and regulations that have a direct impacl on the preparalion of the financial slatemenls such as the Charllles Acl 2011, Charities SORP (2019) and payioll taxes. Icontinuedl

THE JOHN BECKWITH CHARITABLE TRUST Independent auditors, report to the Trustees of The John Beckwith Charitable Trust {cont'd) We ev81ualed m8nagemenl'8 incentives and oppotlunilies for fraudulent manipulalion of Ihe financial slalemenls. Includlng the rlsk ol ovefride of conlrols. Audit procedures performed by the engagement leam indud8d'. Enquirlès of management regarding correspondence with regulators and lax aulhorilies., Discussions with management Including con5iderallon of known or suspected Instances of noncompliance wilh laws and regulalion and fraud,. Reviewlng the controls and procedures of Ihe charily, particularly In relallon to grani payinenls, lo ensure these We in placè throughout Ihe year, induding during Ihe Covid-19 Temole working poriod- Evalualing managemenl's controls designed lo prevent and delect irregularities- and Reviewlng and lesling journal enlrles made In the year, particulaily those made as part of the yeaiend financial reporling PTocess. Because of the Inherent limilallons of an audit, there is 8 risk Ihal we will not detecl all ifregularilies. including thos8 leading lo a materlal misslalement in the financlal statements or non-compllance with regulalion. This risk increases the more that compliance with a law or regulation is removed from the events and Iransaclions reflected In Ihe financlal slalements, as we wlll be less likely to become aware of inslanc8s of noncompliance. The risk is also greater regarding irregularities occurring due lo fraud rather than error, as fraud Involves Intentional concealment, forgery, colluslon, omlssion or mlsrepresenlalion. A further description of our responsibilities Is availabte on the Flnanclal Reportlng Coun¢ll's webslle at: hllps:Ilwww.frc.org.uklaudiloisresponsibililies. This description forms parl of our auditor's report. Use of our report This report Is made solely to the Charily's Trustees, as a body, in a¢¢ordan¢e with Part 4 of Ihe Chafilies (Financial slalemenls and Reports) Regulallons 2008. Our audll work has been undertaken so Ihal we mighl state to the Charity's Trustees Ihose matlers we are required lo slate lo them in an audilors, report and for no other purpose. To Ihe fullesl exlenl permilled by law, we do not 8cGepl or assume responslbility lo anyone other than Ihe Charity and Ihe Chaiily Trustees 8s a body, for our audit work, for this rèport, or for Ihe opinions we have formed. February 2025 Paul Howley & Co Ltd Chartered Certlfled Accountants statutory Auditors 42 Pitt Street Barnsley South Yorkshlre S701BB Paul Howley & Co Ltd is eligible for appointment as audilor of Ihe charity by viriue of ils oligibilily for appointment as audilor of a company under section 1212 of Ihe Companles Act 20Lb.

THE JOHN BECKW]TH CHARITABLE TRUST Statement of Flnanclal Actlvllles for the year ended 5 Aprll 2024 Nole8 Year ended 5 April 2024 Unrestricted Funds Year ended 5 Aprll 2023 Unrèstrielèd Funds Income and Expgndlture Income and Endowments from Donalions & legacies Donation from seluor rax recoverable under Glfl Ald Inveslrnenl Income Deposil interest REIT dislrlbulion Dlvid6nds- Argentex Other incom& 160,000 40,000 3,665 38,000 4.599 2,011 38,000 1,916 Total Income 241927 Expendlture on: Charll8ble acllvllie$- donalion8 Charllabla acllvllie$- Support ¢osls Governance cos1$ Solary cosls Bank ¢harge$ Audil lee Other cosls Total Exp8ndlture 187,500) {80,4861 (40,0001 {134) (2,1901 135,0001 1301 11,8301 129824 129 250 N8t Incomlng R8sourc89 lor the Year 112677 Other Rèeognl#ed Galns and Lossos GainllL05510Tr 8ale ol InveslmÈnls Change In market valuè of investménts durlng the yeaT Forelgn exchange galn cn inveslmenls during the year ForeSgn exchange galn on cash during the year 1196,062) {2,6471 (225,7211 10,378 198759 209 266 Net movement In fund8 (280,319) 196,S891 Unre$lrl¢led funds brought fotward at 8 Aprll 2023 1.216,882 1,313.451 Unreslrlcled funds ¢arrled forward at S Aprll 2024 936 543 1216 862 The Charity has no iecognlsed galns 01103ses other Ihan those shown above. All of Ihe above acllvilles are derlved from conbnuin9 aclNilies. The notes on pages 1210 16 form an Inlegfal pafl ol these financlal slalemenls. 10

THE JOHN BECKWITH CHARITABLE TRUST

Balance Sheet as at 5 April 2024

	Notes
		5 April 2024		5 April 2023
			£	£
FIXED ASSETS
Investments	2		876,294	1,075,003
CURRENT ASSETS
Cash			70,750	163,923
Debtors	3		3,250	7,600
			74,000	171,523
CURRENT LIABILITIES
Creditors (amounts due within one year)	4		(13,749)	(20,943)
NET CURRENT ASSETS			60,251	150,580
TOTAL ASSETS LESS CURRENT LIABILITIES			936,544	1,225,583
Creditors (amounts due after one year)	4			(8,721)
NET ASSETS		—	936,543	1,216,862 SS SS
Represented by:
Unrestricted funds			936,543	1,216,862
			936,543	1,216,862

The financial statements were approved by the Trustees on , . , .... February 2025 and signed on their behalf by 6th

John Lionel Beckwith Trustee

The notes on pages 12 to 16 form an integral part of these financial statements.

THE JOHN BECKWITH CHARITABLE TRUST Notes to the linanclal statements for the year ènded 5 April 2024 Prlnclpal Accountlng Pollcles The financlal slalements have been prepared under the hi51orical cost convention wllh Items recognised al cosl or Iran8acllon value unless otheiSe staled in Ihe felevanl note(s) lo these financlal slalemen15. The finanGial slalements have been Pfepaied In accordance with Ihe Slaiemenl of Recommended Practice- AcGounling and Reporting by Charities preparing their accoun15 in accordarkce with the Financial Reporling Slandard applic8ble In the UK and the Republlc of Iieland (FRS 102) (effeGlive 1 January 2019) and the chafili83 A¢1 2011. The financlal slalemenls have been prepared to give a "Ifue and fail. view and have deparled from the Charilies (Aocoun15 and Reports) Regulation 2008 onty lo Ihe exlent required lo provide a "true and fair view" This deparlure h¥s Involved followng Accounling and Reporting by Charities preparing their accounts in accordance with the Flnanclal Reporting Slandard applicabl8 In the UK and Republic of Ireland {FRS 1021 rather Ihgri IhB Accountlng and Reporung by Charilies: Slalem8nl of R8commendgd Praclice effectiv8 from 1 April 2005 whlch ha$ slnce been withdrawn. Th8 Tfusl&es conslder Ih81 there af& no m8terl81 uncerlalntlos aboul the Charily's ablllly lo conllnu8 as a golng concern. The Trustee$ have revS6wed th9 Charity's fin8ncing In lighl of th8 current economlc cllmale and have concluded that due lo the granl-mpklng naluie ol the ChaTity, and due lo Ihe faGI Ih&l Ihere Is rolallvoly Illlle expondllure Incurred Ihal Is not grant funded. the level of reserv8s are Sufflclenl lo support fundlng Iof 8 pBr5od exceedlng 12 months from the approval ol these accounts. (l) Income re¢ognl(lon All Incomlng resoufces, ex¢ludlng donallons, are Included In the slalemenl ol financial aclivllles when Ihe Char51y Is legally enlllled lo the In¢om6, 11 Is probab)g the iome wlll b8 received and Ihe amount can b8 quanllfied wllh reasonabl& ¢erlaSnty. Donallons ara re¢ognised In Ihe slalemenl of fin8ncl81 acUvlli88 when they are recelved. Interest on funds Is Included when rec8lv8ble and th8 amount can b8 rellably m8a6ured. (11) Resources recognltlon Llabllilles are re¢ognlsed as expenditure as soon as Ihere is a leg81 or conslruclive obllgallon commllllng the Charlly lo thal expgndilure,. il Is probable that selllemenl will be requlfed; and the amount of ihe obligation can be measured Resources expended ale allocated be¥een govomance costs and charitable 8cllvilles, re¢ognlsed on an accruals basis as 8 Ilabllily Is Incurred. DonalSons for whlch there Is a legal obligatlon, or a valld expeclallon by Ihe beneficlary al thè year end ar6 aecounled for wlthln Ihe Slalemenl of Flnan¢ial A¢llwtles. The provlslon for mulll-y••r granls 1$ re¢ognl$ed al Iian$a¢llort ¢o$l where selllemenl Is due over more than one year from the dal6 ol tho award; there are no unfulfilled performance condillons under the control ol Ihe Tru81 Ihal would permll Ihe Twsl lo avold maklng the fulure p8ymenl{s)'. and sel118menl is Pfobable. Th8 Tru8le8s conskler the effeol ol dlscounllng Is Immalerlal, having conskjered Investment yleld and the Ilme value of money, as surriclenl reserves are retained In cash to fulflll future commllmenls. flll) Investments The Trusloe8 have chosen to adopt Secllons 118nd 12 of FRS 102 in sPect of finan¢lal In$lrum8nl$. Llsled Inveslmenls are slated al Iheir mathel value al Ihe year end based on quoled market prlces In an acllve market. Thè reallsed and unreallsed nel gains and loss&s arislng on ievaluallons and dlsposals are Included In the slatemenl ol linanclal octivilies In the yeaf in whlch they arlse. Income from Invesimenls Is Staled nel of any ielaled lax credits Iwhlch are not reVerable by Ihe Charilyl, and Is Included in lh8 slatemenl ol financial aciivlll8s wh8n recelved. flv) Cashllow statement The Charity h85 taken advantage of the dlsclosure exemption as pemiilted by FRS 102"The Flnanclal Reporllng standard appllcabl8 in the UK and Republic ol Ireland" in resp8ci of Section 7 Salemenl of Cash Flows. (v) Forelgn exchang Transactions In tofeign currencies are Te¢orded at Ihe rale of exchange al Ihe date ol Iransacllon. Pth)nelary a$sels and liabililies denominalgd In foffjign cuirencle$ aR Iranslaled into sterling al lh8 financi81 year end exohange rates. (vl) Cash and cash equivalents Cash and cash equivalents comprise cash at bank and in hand. (vlij Debtors and creditors Debtors and creditors with no slated interest Tale and receivable or payable wilhin one year are iecorded al transaclion price. Any losses arising from Impaliement are recognlsed in Ihe Stalemenl of Financlal Acbvllies. 12

THE JOHN BECKWITH CHARITABLE TRUST Notes to the flnanclal statements for the year onded S Aprll 2024 Investments S Aprll 2024 5 Aprll 2023 1nveslments1Ssled on recognlsed slod( &xch8nge: Valuallon al 5 April 2023 15 April 2022 1,075.003 1,290,346 Addllions Dlsposals Ex¢hange r81e vailances Revaluallon for the year 12,647) 1196,062) 10,378 {225,721} Valuallon al 5 April 2024 1 5 April 2023 876.294 1.075.003 5 Aprll 2024 Percentago of portfollo Inv6slmenls hèld al 5 Aprll 2024 mpsed. Pacllic Induslflal & Loglslics Paclllc G10 Macro Rale Z 8CC Ar9enlex Group PIC 562,000 228.445 85.849 64.1% 28.1% 9.8% 876,294 100 6 Aprll 2023 Perc•ntag8 of portfollo Investments held al S Apfll 2023 comprlsed: Paclflc Induslrlal & loglsllc8 Paclllc G10 Macro Rate Z occ Argenlex Group PIC 861.000 222,375 191,627 81.5% 20.7% 17.8% 1.075.003 All Inveslmenls aro held primafity lo provide an investmenl relum for the charity. Included within the inveslments above are funds managed by enlilies in which Ihe Settlor, John Liong18eckwilh, ha$ an Interest. Debtor8 5 Aprll 2024 S Aprll 2023 Other debtors 13

THE JOHN BECKWITH CHARITABLE TRUST Notos to tho financlal statements for the year ended 6 April 2024 Cr&dllor8 5 Aprll 2024 5 Aprll 2023 Falllng due wilhin one year- Donations Gommiltsd Audll fee accrual PAYEINI Olher creditors 8,097 2,010 3,642 18,449 1,830 2,864 13.749 20,943 F8111ng due over one ye8r- Don8llon8 commilled Employa8 Informallon DurSng year anded 5 Apiil 2024, Ihe Charity had 1 employee, wilh gross remuneration of £40,000 12023.. £35,000). General administrallon ar book-keeping dut[ 3r8 performed by employ8es of Paclfic Investments Management Ltd, a company of which John Lionel Beckwilh Is the ulllmale conlrolllng parly. No charg88 are levled for these servlces as any amounts a18 not consldeTed Snifican1. Donallons S Aprll 2024 5 Aprll 2023 Recon¢llialion of donalSons p8y8blo: Commilments al 6 Apdl 202315 Aprll 2022 Approved In th8 year Adluslmenl lo prlor year adluslmenl Pald In thè yaar Commllmen18 al S Aprtl 2024 15 AprS12023 25,170 87,500 126,670 90,332 {9,866) 181966 Commllmenls al 5 April 2024 are payable as follow8: Wllhln one year Over one year 8.097 18,449 All donations cornmi118d will be fundgd from cash r838rv85. No of grants awarded Perlod ended S Aprll 2024 No of grants awarded Year ended S Aprll 2023 Art EduealSon Medical Research Sport Social welfare 5,646 19,000 12,500 1,000 74,000 33 65,666 39 87.500 41 90,332 14

THE JOHN BECKWITH CHARITABLE TRUST Notes to the flnan¢lal statements for the year ended 5 Aprll 2024 Donatlons (continued) Donations are further summarised as follows- Perlod endod 5 Aprll 2024 Year gndod 5 Aprll 2023 Able Chlld Africa Age UK Alzhelmer's Research UK Barnardo's Blood Cancer UK Brillsh Red Cross Csre for Veterans C8rer8 UK Cavell Nurses Trust CFAB Chelsea P8nsloners Glowns in the Sky Concern Cri58S Dementia UK Frlends ol Thurleslon8 Great Ormond Street Hospilal Hampshlre Medlcal Fund Hearln9 Dogs for Deaf People HELP Appeal HOSPICE UK Hol Meal Servic8S Intergenerallon Making Muslc Isle of Vvrlghl Donkey S8nclu8ry Klds Space Lady Garden Foundallon Llleboats RNLI London Alr Ambulance Marie Curie Médecin8 sans Fron1ieres UK Moovers & Shakers - Parkinsons Podcast Cheam Foundation Parkinson's Disea88 Society Rainbow Trust RECYCLE RNIB RSBC RSPCA Salvation Army Save the Childien Scope Shining Faces in India Sighlsaveis Spinal Re8ear¢h SSAFA Teenage Cancer Trust The Pflnce's Trust The Resplle Assoclallon The Smlle Train Ukrainian Humanitarlan Appe81 Unlcef UROLOGY WestminsleT School Foundation Youlh Sport Trust 2,000 2,000 2,000 2.000 2.000 2.000 2,000 2,000 2,500 2.000 2.000 2.000 2.000 2,000 1.000 2.000 2.000 1,000 5,000 2,500 2,000 2,000 2,500 2,000 5,000 2,000 1,000 1,000 2,000 1,000 1,686 500 1,000 2,000 2,000 1,000 4,500 1.000 1.000 2.000 2.500 6.000 2.500 5.000 2.000 1.000 2,500 5,000 2,000 2.500 2.000 1.000 2.000 2.500 1.000 2.000 2,000 1,000 2,000 5,000 5,000 2,000 2,000 1,000 2,500 2.000 2.1)00 2.000 1.000 5,000 5,000 2,000 2,000 5,000 2,000 5,646 1,000 90,332 All granls were made lo charilable Insulutions. 15

THE JOHN BECKWITH CHARITABLE TRUST Nol85 to th6 flnanclal statements for the year ended 5 Aprll 2024 7 Audltors, rgmunèratlon The auditors, remuneralion represents fees pald for thè audll of Ihe Charlt*s financlal siatements. No olher services are provlded. Charllabl• servlc8S - Other costs Durlng the year ended 5 Aprll 2024 th8 Trust incurred consulianGy costs toialling £0 {2023.' £11,924) In respecl of scoplng an Inlergenerallonal projecl aimed at coMba1)g loneliness and improving bolh physical and mental wellbelng. A5 a rèsult of Ihls Investment the Trust bFought together two charilable organisalions lo ueale the Mov6 & Groove prolecl whlch Is now belng delivered acTOSS Ihe UK. Atl funding commitments had c6ased at 5 Aprll 2023. since which dale the iwo ¢harllable organlsatlon$ ¢oncerned hav8 been responslble for securing further fundlng. Related party transactlons Duilng tha year ended 5 Apru 2024 the Trust donated £1.00012023.' £01 lo Youth Sport Trust, a ¢harlty of whlch John Lion81 Beckwilh Is Presldenl. 10 P08t balance 8heet evenls Po81 year end the Trust re81ised Irs investment In Paclfic Induslrlal & Loglsllcs for a small loss compared with Ihe Ilsl prl¢e al 5 Aprll 2024. As 815 February 2025, tho value of Ihe eharltls iemalnlng lisled Investmenis was £600,032, g reducllon of £47,817 from Ihe value al the balance she81 dale. 16