THE SHAFTESBURY CHARITABLE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 SHAPTES6VRY CHARITABie TRUST YEAR ENDED30 SEPTEMBER 2￿23 Chuffly XeglsleFed No. 901x173 INDex ch¢￿ty Annuol reFvI of Ihtr trust￿5 Indgpendenl examlnerfs report Slotement ol ffnc￿clol ocllvllles Baknnc• sh8•1 Nole5 10 the cKcovnls SIIAFfEWIY ¢HIRlfABIETritsT CHARITY INFOQAWVION OR THE YEAR fNDll>30 5EPIWBÉR2tyJ Sbofl•#yJry Cknlotjo Adth• 4)kWJhStro•t Sho116sb SP7 8JG tro Ro￿nIma LL.8 IChamTrThl MrJDTMII MrPRMorth Chorfw51On￿ & Co U￿led Isi Fthr. I l Yfviwe Sh•al yrroulh pii 8 Fth5W Ck¢ EC2M 7AZ CCLA Invesimonl Morwiywni 110 l Awel LO EC4R U￿￿￿kp gh SIT￿1 Gllthghom SP8 4AQ ub AC¢Ountonts Lla SP7 8FG SHAFIES•URY CHAIITAILf FllUSI ANNLIAL REPORTQFTME TiIV5TtE5 FOR THE YEAR ENDKI JO SEPTEhWR 2tr23 Ihe Iw51ee5 pFesent Ihui repNI ond Ihe un0￿j￿Ie¢l firKJndal stalements ot the Chonty fu the yeoi ended Xl Sep18mbei 2023. Th8 Ihonciol $10lemenls htsve b8en occoF¢Jonc& wlh Ihe occounlng pomdes set out In role 101 Ih8 occoun15 ond CoM￿Y ￿1h Ih8 ch¢￿1￿ Act XII l ond thè Slalement ol Rec(xTrtnerKlgd Piolicg.. Accwntlng and Re￿InG lorCharfN8s IFR51021. charfly15 govemed by a Deck)Follonol InJ51 dalad 291h Sgplembor 1988. ApWnlm•nt olTNths Tiusl88s olfic? unid 2? SoPt*rrthr ¢o¢h y•or. oro •WJie lerwlloppohtm•rtt. Th• IAoyorond D•puly Muyu ol Sholl•sbury Qfe 0150 •X-oll*kn trusl86S. Prfnclpryl ¢)bl•cltr¥ To sUPPQrt uny rhOrttgi4• purpo5• Ow¢i•d wholty *% rr#Jhly lo Iho benofll ol Shoft85bury in lh• Imrnedlal• n&9hbourhood ty any port ol Shollesbury 0$ the trusiw ShOII ltom lrn& lo time ol Ihdr th5rxelbn dodde. Anortclal R•port DU￿n0 Ihg th• ¢￿￿lY rnod• dMotior4 101ollhg £l4.￿212Q22. £2S.40PI to v•rbu5 ¥Yqonhotkn5 c￿3 •v•nli lo ben•fil the p•oF40 01 Sholt•5bw. The Trwt•th ¥Jlnclenl reswvoi lo cover I￿ ongc4n9 coili ¢1 Ihe Cholly mknbnum01 SL¥ monlhs. Il¥k A51wimwtt Tho ¢fjk$ lo whkh Iho chahlyls oxw*d. ai 1donl1￿ ty Iho liusl•w, howe b••n iavk*ad ond $￿tam$ havè been *iobNih•d to rnltl9Ot• Ilw¥ thk¥, TNth•i' r•4>onthiln v•sptsltoth• wpuro110n ol Iho Ac¢ovnls The TfU51ew reqvlred try Low 1¢ prepore fingncbl 51olern•nlS lor •Oeh Ilnondoi y•¢¥ %Yfdeh ove a Irv8 and lak of Ihe stal• ol offoh ol Ihg ChoAly Ic¥ th¢1 P•￿￿. In rhg Ihow Ihunckii $101orn•n15. IPO TnJ$1••5 or• r•oulrod 10.. . s•lecl yJIob￿￿¢Oun1lng poNde5 ond Ih8n ap$￿V Ih8m consblenl - mokejudgemanls ond gslimol•s Ihol ow r¢oKsnobi• ono prud•nt . Fyapoi• th• ftn0n¢bl 51ol*ments on o gdrtg ¢¢)n¢•m bosh uni•41145 lnapw￿￿t8 lo pyesvme Ihol tho chtr11y ￿11 Conth￿ kn bu￿ne$S Ihe Twsloes respon*)￿ fu k••phg piopol occour*tlng rncords wh￿h dilk)￿ %*ilh i80￿￿Obl• Q¢¢WO¢Y tsi ¢ny Nrn•. lh• Ihoncbl P￿Ik)n ol lh• Chorfly. Ih•y ore oho r•$ponY￿• IN sol0gu￿￿ng the aswls ol tho Chrthly ond henc• 1ak1n9rno￿n0ts￿ sleps fu Ihe sy•v8nlbon aèiectbon ol Iroud olh•ikn¢gul￿l Ihi51ewl wosopwved by Ihe Boord ol Tiusteos ￿d.¥Thea onlts behott by.. IINsl• Doled.. .W24 Independent Exomlnei's Report lo the Twv5tees of Ihe Shollesbury ChotIlob￿ Twst Ch￿NY No. Th73 I reporl on the occounls ol Ihe trust lor Ihe yeor ended 30 Seplember W23. wh￿h cxe sel ¢yJt cm) rx)ge$ 4 10 9. Responslbllhles ond bos15 of ieporf The chorilys Iiustee5 ole iespon5ibÈ fly preporolk)n ol Ihe cKcoJnls in occrydonce with reqvverrents ol the Ch(yilies Act Y)1 I Ilhe X)I l Acl"l. Hovirig 5alislied ourselve5 Ihal Ihe accounts ol the ch￿ty (Xe nol requwe(I lo be oudited lurKJer seclion 144121 ol Ihe 3)1 l Acl1 ond are eligib￿ l(x independent examination. we reporl in re5pecl ol our examirKJtion ol the chryilys accounls CO￿led out un(kr sectK)n 145 01 the 3)1 l Act. We repoil in respect ol otx exominolion ol the ch(xity's occount5 corried out Un(￿ seclK)n 145 01 the l Act. orKJ ￿ c(Yrying (xjt our exominolion. wè hove lollowed all the applicable Directions given by Ihe Charily Commi55ion vn(kr seclion 14515llbl ol Ihe l Acl. Independenl examlnu'5 5talemenl We hawe comtleled our examinolion. We conlirm Ihol no molerial mollets hove come lo ow allenlion in conneclK)n wilh Ihe exominolion giwng us couse lo believe." accounting recoid5 weie not kepl in re5pecl ol Ihe chorily as reqvwed by seclK)n IX) 01 Ihe 2011 Act-. the occoun15 do not o¢cord with the occovnling rec￿￿5-. ( the accounts did nol comply wilh Ihe opplicoble Tequwemenls Concerni￿ the l(wm and conlenl of occotjnts sel oul in Ihe c￿litIeS [Acc￿1n15 ond Repot151 Regulolions XK)8, olhei than any TequireTnenl thot the accovnt5 give o'true on(J lo￿ viev4 wl4ch is not o moltef con5i(Jered as ol on independent exorn1nolic￿. I hove no concerns ond hove come ocr05s no oth￿ mollers in connection with Ihe exominolK)n lo ollention 5PK)ukJ be dr(Jwn in this feport in order lo erbob QQIODer underslondinq ol Ihe accounts lo t)e reoche(J. Povl Storey FCA For ond on t)ehall ol.. Signed: Hub Aceounlon15 Lld Chorlered Accounlonls Innovolion House Wincombe Lane Shotle5buiy Dorsel SP7 8FG Dole.. ..X)24 $HAfTESBURY CKAqITAILE TkT15T srATVAENT OF FINANCIALAciivm FOR THE YEAR eNDED 30 SEPTEMBEI 2023 Educolt(X M¢xJrnl )come iestricted eslrLled fI￿d Totot 2￿? Incomkng ￿¢￿e$ Voluntary ￿¢0￿ 1.425 1.425 14,794 14.794 Inve51menl incorr 30.488 37.913 29.423 44.217 29.423 44.217 Tolal Incomkng iesources 37.913 charitOb￿ octivi1￿$ Investment monogement Costs GovurKince cosls 14.5)2 9.637 870 25.(1 14.5 25.259 25.409 9.637 870 25.tk 32.S)9 32.059 Inc¢xth9 r•lowc￿ 14ryear 12.fA)4 l?.W4 11.71 11501 11.558 Reolised goinNlk)s51 on nve5tments UNeoW winxllossl on InvestM￿ts Nel movemenl In fvnds 12C158 17.5SOI 17.422 12.(158 17.5501 17.422 21.499 (95.3771 102.1701 21.499 195.3771 162.320) 11501 lecon¢llollon ol I￿￿$ Totol fun