BDB PITMANS CHARITABLE TRUST
REPORT AND ACCOUNTS
FOR THE YEAR ENDED 5 APRIL 2022

BDB PITMANS CHARITABLE TRUST
TRUSTEES. REPORT FOR THE YEAR ENDED S APRIL 2022
The Trustees a￿ pleased to Pfesent Iheif annual Trust￿$. report IcKJelher with the financial statements
of the Charity for the year ending 5 Apnl 2022.
Reference and administrative information
Name ofcharty
808 PITMANS CHARITABLE TRUST (the Charityl
Charity Regislralton Number
803150
Address ol the Principal off￿ of One Barthok)mew Close. London ECIA 7BL
the Charity
Trustees
John Matthew Stephenson
He￿n Laura Ral¢lrffe Iretired 4 July 20221
Sheilagh Paliicia Magee
John Chnstopher Hutchinson lappoinled 4 July 20221
Solicrtors
BDB Pitrnans LLP
One Barthok)rnew Close
London EC1A 7BL
Stockbroker5
Rathbones Investment Management
8 Finsbury Circus
London EC2M 7AH
Independent Examiner
Julra Strike TEP
One Barthok)mew Cbse
London EC1A 7BL
Structure Governance and Management
Goveming document
Deed dated 1 March 1989 established the Trust.
New Trustees are recruited from the partners of BDB Prtmans LLP by a wo¢e5s ofconsultation amongst
the partners. The managing partner is usualty a Trustee
The Trustees have considered all material risks facing the Charity arKI confirm that pro￿dureS are in
pla¢e lo manage those risks.
Bircham Dyson Bell LLP merged on 1 December 2018 wrth Prtmans LLP lo become 8D8 pr(mans
LLP. The Trustees agreed to arrange for Ihe Charity to be renamed the BDB Pitmans Char1table
Trust Ipreviou51y known as Blrcham Dyson Bell Charitable Trust) on 10 June 2019.
Objectives and Activities
The Trust was established in 1989 wrth general charitable objects to apply the Trust Funds and the
Income thereof to or towards such ¢harrtable purposes. charrtable Instrtutions or charitable foundations
in such manner and In such proportions as the Trustees shall in their absolute discretion think fil The
Trustees therefore Inlend lo use Ihe funds for the Publ￿ benefit.
18626932 1

BDB PITMANS CHARITABLE TRUST
TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2022
As mentioned In the 2013 Trustees. report the Crossjey Fund closed bLrt grants to the existing Crossley
Fund beneficiaiies continued to be paid from the General Fund.
The Trustees are willing to accept kgacy funds vthich may carry special objectives. The De Marwitz
Fund is held on such temis and Considers application5 to provide for the care of the sick and in particular
for those suffering from Aids. The applications for the General and Empkjyee Funds are considered
W11hin the general charitable objectives as received_ The Trustees. mindful of their responsibilities of
public benefrt, in consurtation with the lirm's corporate sccial responsibility group. decided to establish
a separate fund lo encourage charrtable giving by Ihe staff The employees a￿ encouraged to
recommend causes lo Ihe TAJslees which Could be supported from the funds rais￿. The Fund is held
separately as the Employee Fund.
Achievements and Performance
Donations received In the General and Employee Funds are usually distributed lo charilies eilher
designated by the donor or decided upon by the Trustees and Empk)yees. There are no sel resliiclions
on these funds. No donations were male over the period from the De ma￿rtZ F¢Jnd which continues
to hold investments.
The Trustees mel formalty in June and December to ConS￿er appeals recewl Irom all sources In
connection with the General Fund. wh￿h mel their criteria of being for the public benefrt They have
been pleased wi(h the feed￿k from causes prewously supported and continued lo offer support to
them without making a commrtment to filtu￿ hjnding. There have iEen several new causes supported.
Employee Fund donalK)ns Ibolh Committed and new} were paid to charrties chosen by the employees
at BDB Pilmans LLP
Financial Review
The Trust received income of £40.12212021". £41.8501. At the year end. the Trust Funds were held in
investments and cash. No administrat￿n lees are paid to BDB Pitmans LLP. who administer the Fund.
Grants of £29.324 were made during the ye8r12021." £27.6861.
Investment Policy-
The Trustees have instructed Ralhbones Inveslmenl Management to afvise on Iheif investrnenls in the
De Marwitz Fund. The Trustees, policy is to rnaintain a balan￿ between capital and income and a
medium level of risk. as defined by the managers. has been specified The Trijslees weive six monthly
reports frorn the manager and review the perfomiance of the funds against the indi¢es. The Tru51ees
consider these reports and meet wth the manager al least once a year 11 is their intention to conlinue
lo review the @omiance al their r￿ular meelings.
The investment portfolio showed an increase in market value over the year. with unrealised gains of
£235 12021.. unrealised gains of £7.4771 Disposals were made during the year which resulted in
realised gains of £579 12021." gains of £6441. The Trustees continue lo Consider the impact on the
Inveslmenl portfolio ol the war In Ukraine and the current economic drfficulties In both Income and
Capital terms and do not have concems about this Charrty as a going concem.

BDB PITMANS CHARITABLE TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2022
Reserves Policy
The Trustees intend lo expend Ihe income aiising in the year to surtable cau5e5. Any surplus will be
retained on the Unrestn¢ted Fund r*her than as a $pecffj￿ reserve Given the funds In hand. they
should be in a position to meet any commrtmenls lather than relying on a specifi'c reserve. particularly
as if is not their polty lo commit lo projects. The Truslees consKler the level of reserves Shown in the
accounts with a VEW to making addrtional dislributK)ns in futu￿ years.
STATEMENT OF TRUSTEE RESPONSIBIUTIES
The Trustees are responsible for preparing the Trustee5' Report and the financial sl*emenls in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
A¢¢epled Ac¢ounting Practi￿1.
The law appli¢able lo ¢harities in England & Wales requires Ihe Trustees lo prepare financial statements
for each financial year which give a true and faif view of the slate of affairs of the Charity and of ihe
incoming resources and application of resources of the Charty fot that peri(xJ. In preparing these
hnancial slalements, the Tnjstees are required to..
Select surtable accounting p￿1¢￿S and then appty them consistentty,.
Observe the methcrtjs and Pnnclp￿ in Ihe CharitEs SORP".
Make iudgemenls and estimates that are reason**le and prudent..
State whether applrable accounting standards have been follcv4e¢J. su*'ect lo any material
departures disclosed and explained In the financial statements".
Prepare the financial statements on the 90ing concem basis unless il is inappropriate to
presLJme that the Charity will contsnue in bLtsiness.
The Trustees ale responsib￿ for keeping proper accountin9 records that disclose with reasonable
accuracy al any lime the financial position of the Chaity and enab￿ them to ensure that the financial
statements compty with the Charrties Act 2011. the Charrty IAc¢ounts and Reportsl Regulations 2008
and the provisions of the Trust deed. They are also respK)nsible for safeguarding the assets ol the
Charity and hence for taking reasonable steps for the prevenb.on and detection of fraud and other
Irregularities.
The Trustees conlimi that they have Complied with the duly In SeclK)n 17 of the Charities Act 2011 to
have due regard lo the public benefit guidance published by the Chatty Comrn15$10n in determining the
activities undertaken by the Charity
Date..
3 ?￿&s
Trustee
18836932 1

BDB PITMANS CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 5 April 2022
Income and Expenditure
Notes
Expendable
Endobvment
2022
General
Fund
2022
Total
Funds
2022
Total
Funds
2021
Income and Endowments from-
Donations lincluding gift aid)
39.324
39,324
41,171
Investments
679
Other in¢ome- deposrt inleresl
14
14
Total
39,338
40,122
41,850
Expenditure on:
Fundraising costs
437
437
393
Charitable expenditure..
29,324
29.324
27.686
Total expenditure
437
29,324
29,761
28.079
Net income I (expenditure)
347
10,014
10,361
13.771
Other recognised gains and losses
Gains Ilossesl on irhveslments
Realised
Unrealised
579
235
579
235
644
7,477
Net movement in funds
1,162
10,014
11,176
21.892
Reconciliation of funds..
Balances brought forward from Prev￿U$ year
46.539
68.278
114,817
92,925
Balances carried forward at year end
47,701
78.292
125,993
114,817
The notes on pages 7 lo 11 form part of the financial slalemenls
A breakdown of the Funds In the 2020Q1 Statement ol Financrdl ActNrtes is shown on page 11 Iwrthoul
201912020 comparativesl

BDB PITMANS CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR
ENDED 5 APRIL 2022
I repx)rt on the accounts of the Fund for the year ended 5 April 2022. which are set out on pages 5 10
Respective responsibilities of trustees and examiner
The Trustees are responsib￿ for the preparation of the accounts. The Trustees consider that an aud1t
is nol required for Ihis year under sectK)n 144121 of the Charrties Act 2011 Ilhe 2011 Act) and that an
Independent examination is needed. Having satisfied Myse￿ that the charity Is not subject lo audf(
under ¢ompany law and is eligible for independent examination. rt is my responsibilrty lo..
examine the accounts under section 145 of the 2011 Act".
follow the procedures laid down in the general Directions gwen by the Charity Commi8sion
tjnder section 14515llbl of the 2011 Act". and
slate whether Part￿V￿ar matters have come lo my aitention.
Basis of independent examiner's report
My examination was carned out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of Ihe accounting records kept by the charity and a
comparison of Ihe %counts presenled wrth those records It also Includes consideration ol any unusual
i(ems or disclosures in the &counts. and seeking explanations from you as Iruslees concerning any
such mallers. The procedures undertaken do not provide all the evidence thal would be required in an
audit and consequently no ¢)pinion is gNen as to whether the accounts present a 'true and fair view"
and the report is limited lo those mattefs set out in the staternent below.
Independent examinerfs statement
In connection wf(h my examination, no matter has come to my attentKJn'.
which gives me reasonable cause to believe that. in any material respeci. the requirements..
lo keep 8ccounting records in accordance with section 130 of the 2011 Act." and
lo prepare accounts which accord with the accounting records and comply with the
accounting requirements of the 2011 kl
have not been mel.. or
lo which. in my opinK)n. attention should be drawn in order lo en*le a proper understanding of
the accounts lo be reached
Julia Strike TEP
One Bartholomew Close. London. EC1A 7BL
Date .
0310W2023
2￿797￿7 1

BDB PITMANS CHARITABLE TRUST
BALANCE SHEET
As at 5 April 2022
Notes
2022
2021
Fixed Assets
Investments
35.457
34.951
Current Assats
Cash at bank
48,848
Debtors
45,CK)O
45.500
93,848
79,866
Creditors
3.312
Net current assets
90.536
79,866
Net Assets
125.993
114,817
Rose￿es.
General Fund
Employee Fund
Expendab￿ Endowment
10
10
10
74.806
3.486
47.701
60.116
8.162
46.539
125,993
114,817
The notes on pages 7 to 11 form part of the financial statements_
The accounts were approved on behaff of the Iruslees on ...
OJ. 02.
and svJned on their behalf by
Trustee

BDB PITMANS CHARITABLE TRUST
Notes forming part of the financial statements
5 April 2022
1 ACCOUNTING POLICIES
The following accounting policies have been appl￿￿ consistently in dealirTrg wlh rtems which are considered material in
relation lo the Trust's financ￿1 slalements.
lal General
The f1nancial slalemenls have been prepared in aCC￿danCe wrth Acwjntsng and Reporting by Charrties". Statement
ol Recommended PraCt￿e applicable to chanties preparing their accounts in a￿O(danCe with the Financial Reporting
Standard applicable In the UK and Republic of IreLind ISORP IFRS 10211 second edition IO¢lober 20191. the
Charities Act 2011. and UK Generally Accepted Accounting PractJ"ce as rt appI￿S from 1 January 2019.
The financial statements have been prepared lo give a 'lrue and fai¢ view and have departed from the Charities
(Accounts and Reports) Regulat￿nS 2008 onty lo the exlent required to provide a 'true and lair view. This departure
has involved lollowng the Charrties SORP IFRS 1021 issued in October 2019 rather than the A¢¢ounting and
Reporting by Charities Stslement of Reccrfnmended Praclte effeclwe from 1 April 2005 which has since been
withdrawn.
Ibl Funds
The General Fund comprises unrestricted funds which the Trust￿ are free lo use in accordance wth the charitable
objects. The Expendable Endowment Fund (The De Marwicz FuThJl represents Ihose assets which are held for the
benefit of charrties a5 directed by the donor.
Icl Grantrnaking
Grants are recognised when the Trustees have a dec1SK￿ to make a payment and that decision has been
¢tsmmUn￿ated to the recIp￿nt and rt is probable that payment will tske pkce The recognrtion of any liability will be
dependent on any condilK)ns att¥hing to the ccAmmrtmenl
Idl Income and Expenditure
Income is recognised when the Trusl is entrtled lo the ￿cept and Ihe amount can be measured with reasonable
certainty. Expendrture is slated gross and is accounted for when paid. Investment management charges are shown
as fundraising costs. all other expenses are Charitab￿ supwrt costs In￿e in 20211221.
lel Investments
Investrnenls represent UK quoled securilies and are staled at market value.
In Going Concern
The Trustees have Considered the Charws financial FK)srtion and the likely impact of the war in Ukraine and the
Current economic crisis on the financial markets and rts future investment income. The Trustees are of the opinion
that the charty has adequate resources to continue In operatK)nal existen￿ for the foreseeable future and there are
are no mater1al uncertaintEs about the Charty's abilrty to Continue as a 90ing concern.

BDB PITMANS CHARITABLE TRUST
Notes forniing part of the financial statements
5 April 2022
2022
2021
2 INCOME FROM L)ONATIONS
General Fund - partners. annual paymenl- including tax relur
Employee Fund
37.5(M)
1.824
37,500
3.671
OTHER INCOME
Investment Income
Bank deposit interest
14
40.122
41,171
3 FUNDRAISING COSTS
2022
2021
Rathbones fees
437
393
4 EXPENSES - Charitable Expenditu
2022
2021
Charitable Grants
all to institutions
The charity made 30 grants to InstitutKJns ftom Ihe
General Fund and Employee Fund1£28.7001
and rent giants to individuals1£6241 £29.324 in total.
29,324
27.686
12021 31 grants £26,750 and rent grants of £9361
Total charitablÈ expenditure
29.324
27,686
DISCLOSURE OF TRUSTEES REMUNERATION. BENEFITS AND EXPENSES
None of the Trustees have been paid any remuneration or receNed any other benefrts fr¢Jm an employment with their
charity or a related entity. no trustee expenses have been in¢uired n¢x have there been any related party transactK)ns In
the reporting period that require disclosure. (2021 also nil in all cases}
INDEPENDENT EXAMINATION FEES
No independent examination fees were charged in 2022 {2021 nill.

BDB PITMANS CHARITABLE TRUST
Notes fomiing part of the financial statements
5 April 2022
5 INVESTMENTS
Balance
6 April
2021
Net
Gainsl
(Losses)
Balance
5 April
2022
Purchase5
at Cost
Disposals
UK Quoted Securities
34,951
8.688
8,997
814
35,457
Historic cost as al 5 April 2022 is £28,96512020 . £25.4291
The De Marwicz Fund is the onty fund that holds inveslmenls.
Realised gain￿(lO$ses)
Unealised gainsJllosses}
579
235
2022
2021
6 CASH HELD
Rathbones Investment Management (De Marwtz Fund)
BDB Pilman5 LLP client account
1.238
47,610
1,349
33,017
34,366
2022
2021
7 DEBTORS
H M Revenue & Customs - tax repayment
Granls receivable
1 S.000
30,000
15.000
30,500
45.000
45,500
8 CREDITORS
Unpaid Grants
3.312
3,312

BDB PITMANS CHARITABLE TRUST
Notes fomiing part of the financial statements
5 April 2022
9 EXPENDABLE ENDOWMENT
Balance
6 April
2021
Balance
5 April
2022
Gainsl
(Losses)
Incorne Expenditure
De Marwicz Fund
46.539
814
47,701
The De Marwicz Fund was set up out of a legacy from the E5ts1e of Miss M De Marwicz to provide care
for the 51ck, and in particular those suffering from AIDS
10 ANALYSIS OF ASSETS BETWEEN FUNDS
Total
5 April
2022
Investments
Cash
Debto
Creditors
Ex
ndable Endowment
De Marwic2 Fund
35,457
12.244
47,701
General Fund
33.118
45,000
13.3121
74.806
Em
lo
Fund
3,486
3.486
Total
35,457
45.000
13,3121
125,993
Total
5 April
2021
Investments
Cash
Debto
Creditors
Ex
endable Endowment
De Marwicz Fund
34.951
11.588
46,539
General Fund
14.616
45,500
60,116
Em
ee Fund
8,162
8,162
Total
34,951
34,366
45.500
114,817
11 RELATED PARTIES
BDB Pitmans LLP received no remuneration from the Charity during the period. There were no staff costs. The Trustees
(Sid not receive any iemuneration or reimbufsement of expenses duntyj the peri(Kl.
10

BDB PITMANS CHARITABLE TRUST
2020121 STATEMENT OF FINANCIAL ACTIVITIES
Showing the split between the Expendable Endowment and other Funds
Income and Expenditure
Expendable
Endowment
Other
Funds
2021
Total
Funds
2021
2021
Income and Endowment5 from..
Donations linclud1ng gfi aKII
41,171
41,171
Investments
679
679
Total
679
41,171
41.850
Expenditure on-
Fundraising costs
393
393
Charrtable expenditure.
27.686
27.686
Total expenditure
393
27,686
28,079
Net income I lexpenditurel
13.485
13,771
Other recognised gains and losses
Gains Ilossesl on investmenls
Realised
Unrealised
644
7.477
7,477
Net movement in funds
8,407
13.485
21,892
Reconciliation of funds-
Balances brought forward from previous year
38,132
54.793
92,925
Balances carried forward at year end
46.539
68,278
114,817