THE THOMP O F AMJL y HARIT ABLE TRU T

t'\ I ALREPORT . DH CI L TATEME. .

YE R Á D D 31 T JA lTARY 2019

Regi tcrcd Charity in England and Wales umber 326801

THE THOMPSO FAMILY HARITABLE TR T

CONTENT Pug I Refer n and drniru trauv Informatton

Page 2 lO 3 Repon of the Tru tee

Page ~ to 5 Repon f the J ndcpenderu uditor

Pag 6 , tal meni f financial Activitie

Page 7 Balan e Sheet

Pase 8 Statement f a h Flow

Pag ~ 91 I~ ole. to the Financial. tatern ms

REFERE C D ADMl I TRATIVE I FORMATIO

TR TEESA D C TODIAN TRU T

P. l HOMP D.B. THOMP O K.P. WOODWA R.H. COPl!' (appointed 17th July 2019)

ADDRE HI LI. DOW:-\ COl'Rl IS IOlTERJDGECO {MO,", LO~DOt\ j 20 LR

REGI TERED UMBER Charity . umber 326 O I

AUDITOR RSf\ll K Al'DIT LLP. 25 Farringdon Ir ct. I mdon, E:.C~A ~AB

BA KEKS B Rel. Y' B .·K PI. . J hurchill Place. London.I-:J-l51IP. COl 'Tf'S CO .. +W ·Lmnd. Lond n. WC2R OQS

TO KBROKER A D U TODIA OFTR T A

W LKI-:.R CRIPS I. VEST t ~'T MAKAGE\H:.. l LIMI fED 128 Queen Vi toria SIr ct.London ,C~V -lBJ. C C'CORO Gl::-\lIJ Il' Wl:ALTH M :'\ Gl:.~l ~NT -lI L thbury . London I:.C2R 1-:.

OLICITORS SOLOM . TAYLOR & SH W.3 Coa h Hou e Yard. Harnp lead High Street. London ;-"'\\3 IQI-.

THE THOMPSO F AMlL Y CHARITABLE TR T

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 T JA ARV 2019 The Tru tee pre ern their annual repon along with th fin n iaJ tal men of the Charif) f r the)' car ended 31 t Januar> 2019. The finan ial statements hav e been prepared in accordance with the a counting poli ie . el out in nole I and omply with th Charity' trust deed. the Chariiie ct 2011 and ccouniing and Reponing by Charitie : • tatement of Re ommended Practice applicable to chariti pr paring their < ount. in a ordanc with the Finan ial R porting Standard applicable in the llK and the Republic f Ireland effective 1 January 201 - ("FRS 102").

TRUCT RE,GOVER A E MA AGEM T The Th mp n Family haritable 1 ru t i c n tituted under a eul ment d d dal d 15th January 1985 and i a regi l red charity in ngland and Wales (no. 326801). he tru t fund i deriv ed entirely from a gift from Mr D.B. Th mp on. he harity d n t eek to rai oc fund from external ur e. nd eek to aIT) OUl the charitable a 'li\ ities desired b) the

donor through careful tew ard hip of il exi ling resource . The addre of the charity i noted on page I.

The Tru t '" ho hav e -; rved during the year and in the)' ear- nd are et ut on p ge I. Tru t ar appointed O) the Board ofTru tees, and under the term f the eulernent deed. the number of Tru tee hall nev er be Ie !t than I v \.o or mor than e\ en. lncomina Tru tee are in tru ted in their duties and r pon ibiliti b) th Board, al. o making u of written guidance provided by the Charity ommi. ion. The Tru tee arc jointly rc pon ible f r the runnin f the affair f the Charity. Thee; are no employ ees and theref re there i no policy for etting pa} .

RI KM AGEME T The Tru lee have examined and review d the maj r ri k to whi h the Charif) is evpo cd. and ha\ e e tabli bed ) lems lO mitigate tho e ri k . Funher inf rmaii n con erning financial ri k

OBJECTIV D ACTIVITIE FOR THE P BLI BEFIT l'he obj t f th Charit is the making of grant and donali ns to charitable bodie r for haritabl purpo e. ggregatc donation' ince the creati nofth Charitx t031 t January 2019t tal approximately C-4.5 million (2018: £48': million).

The Tru 'lee ionfirm thai the) hav e referred to the guidan c contained in th harity Commi ion' general guidance on publi benefit \\ h n re .. iev .. inu the J ru t' aim and objectiv e and JO planning future a tivitie and cuing th grant makmg policy, Grant are onl) made to rcgi.lercd 'harili' or for charitable purpo~e ,and the -r ru lees re\ ic" the financial statement of recipient both before and after the making of Ilram in order lO monit r the wa) in \\ hieh the Charil) I grant are empio) ed.

l'\ole 3 prm ides an indi ation f th \\ ide range of charitable acti\ itie that ha\ e been a\\ rded grant in recent ~ ear'.

GRA T MAKI G POLICY The Tna te . m et a. regularI} as i ne e al) to as c . grant appli ali on . Appli ation for donation arc im ¡led from all catcgoric- of regi tered haril). pplicalÏon hould be in \\ riling in Ihc fir t in 'lance. and, em lO the Tru Ice. at the ( haril) 's addrc 's. nOled on page I.

VE TME T POLICY There are no re lriclion ()\ cr th Charü~' p<.>\\ cr lo iln c t. The im e~tment tralcg) of the Tru lee~ aims 10 achic\ c a ,ati fa tOf) return in the conle\t of prc' ailing mark.ct ondition from income and apilaJ appre iation \\ ithout re orting to a high risI... prolïlc. 1m e tmenl are selecled b)' the Tru tee. '" ith a \ ie\\ lO en uring a sufficient le\ el of in m and liquidit~ \\ ith whi h to make grants and donalions. The Tru lee are ali fied that th ~ ear' in\ 'Slment retum \.\ cr in keeping wilh lhe abm e lralegies.

FI A IAL REVrEW The fund of the Charil~ , \\ hich arc unre tricLed. tood al £ 1233 million (2018: £ 121,4 million) al the 'ommcn elnenl of lhe ) ear. Income genemted h} thi. fund totalled £7.7 million (201 : £ .2 million) and £6.0 million (201~: £17.0 million) \\as paid in grant t) other in lilutiOIl . The halance after minor admillJ'Itratlon co ,( and net los 'e' of £ 15.8 million (2018: gaiO'> of £ 10.7 million) on re\ aluations and di posaI of im estmcnt a -cts ha .. been aggregaled \\ jlh lhe fund, bringing the fund balance at lhe end of the )earlO £109.2 million <2018: {12.~.3 million).

ACHlEVEMENT A D PERFORM A CE Grant totalling £6.0 million were made during the )car. an increase of £ 1.0 million 0\ cr the prior )ear c\c1uding the exceptional

2

THE THOMP ON F AMlL Y CHARIT ABLE TR ST

REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31ST JA ARY 2019

ACHlEVEME T A D PER ORMANCE (CO T £12.0 million grant t the King ward

D) l n rtaintie urrounding the Brexit proces reduced the lev el of

unreali cd gain n the harity' quoted investm nt, during the year, al o redu ing th averag annual ime trnent r tum for the la l fi \ e ) ca to 7.4% (2018: I l .1 %) alth ugh the a\ eragc annual return for the la l ten) car did ri e lightl to 12 .O~ (2018: 11.6'*). The Charity i a long-tcrm invc tor and it c n ìdcrs averagc inv rrnent rcturn 0\ rlongcrpcriod lobe the be t guide l invc trnent pcrforman e. particularly in vie .. \ o recent hish level of finan ial market volatility and the c ntinuins un ertaint regarding world e onomi pr peers.

RE ERVES POLI y A D PLA ORTHEF T RE Aggregat fund at Ll st January 2019 toodat£I09,2rnillion(2018:£123,3million), hi the policy I the Charit loh Id res n e which will enable the Tru t to make major donation for capital proje ts (for exarnpl l fund th on tru tion and endowment of new medical or educational fa ilities). d nation in thi ategory (E 12.0 million donated to King Edward V 11 Ho pital) w as made last) er r, and other appropriate capital pr ~e t are currently being inv c ligated. Further information regarding re crvc i contained in n tc 8. In additi n to uch apital proj l th ru t \\ iII continue l make gran lo other regi tered charitie .

T ATEMENT OF RE PO IBILlTlE OF THE TR TEE I he trustee are re pon ible for preparing the Tru l cs Report and th finan ial taterneru in ac ordancc with applicabJ law and l nited Kinodom ccounting Landard (United Kingdom enerally ccepied Ac ounting Practice),

The law applicable to charitie in England and \ ales require Trustces to prepare finan iial statement for each financiaJ year. Under that law [he ru tee mu I not approv c the financial taterncnt unie they are ari fled that the) gi\ e a true and fair \ i w of the tate of affai f the harity and 1 the in oming r ur e and apph ation o resour . in luding th income and expenditure. of the charity for that period. In pr paring th e financial tatcments. the tru tec ar required 10:

elect suitable accounting policies and then apply them 'on i tcntly ; ob f\ c the method and principle of the Chariti s SORP: make judgemen~ and e limale' lhat arc rca onable and prudent: stat \\ helher appli able L'K cc unting Standard. ha\ be n follo\\ed .. ubjecI to an) material departure di cio I.!d and c\plam d in Ihe financial tatement : and prepare thc: financial .lalement on the gom!! c n ern a i unie it i inappropriate to pre:ume lhat the Charil) \\ ill conlinue in operation.

l'he I rUSlees are re pon ¡bi f r keeping accountino r ord whi h di cio \\ ¡th reas nable a curat.:) the finan lai positIon of the Charit) and \\ hich enable them LO a 'cenain Ihe tinan ial po ilion of the Charit) and \\ hich cnubl them IO ensure thai the finan jal latement compi) \\ith the Charilic . ct 2011. th Ch ril~ ( c unt and Reports) 2008 Regulations and the prO\ ¡sion of the rm t deed.

The Tru. ICC are re pon ¡bit: for !>illeguarding lhe a CI f the Charit) and hence for taIJng rca 'onable steps for the prevention and detection of fraud and oth r irregularilÍe·.

TATEME T OF DlSCLO URE TO A DITOR (a) far a the Trustee arc aware. there i 110 rele\ ant audit informati n of \\ hieh the Charil)' auditors are una\\arc. and (b) the Tru tee have taken all the tep thm the) ought to ha\c taken as Tru l e in order lO make them che a\\are of an)

rele\ alll audit informati n and LO e tabli:h thai the Ch rit) '. auditor are 3\\are of that information .

.\ pprO\ ed b) the T ru tee n 2) l 0\ ember 2019 and i gn d on thei r behaJ f b):

R.B. COPLI I rustee

3

INDEPENDENT AUDlTOR' REPORTTOTHETR STE SOFTHETHOMP O FAMILY HARITABLETRU T

Opinion

We have audited the finan ial taternent of The h mp on amily Charitabl ru t (th 'charity ') f r th }car ended 31 J nuary 2019 w hi h compri" th' taterncnt f Financial A ti, itie ,lh Bajan e. h et, the Ca h Flow taterneut and n le lo the financial tatemerus, in ludins a summary of .ignificaru ace unting poli ie , The financial reporting Irarnew rk that ha been appli d in their pr: paration i applicabl law and l nited Kingdom Accounting Standard . including FRS 102 'Th Finan ial R porting irandard appli able in th l.'K and Republic f Ireland" ( lnited Kingdom Generally Accepted A c uniins Pra lice),

In our opinion the financial. tatcmcnts: gi\ e a true and fain iev of the tate of the harity' affairs a at31 January 2019 and of it incoming re 'ource and appl ication f res urce' for the) ear then end d: have been properly prepared in ac ordan e with l'nit d Kingdom Generali A cepted A counting Pra tice: and have been prepared in ace rdance with the requirement of the Charitic A t 2011,

Basis for opinion

\ e hav been appointed a auditor under ecuon I-Wo the Charities 'l 2011 and report in a cordan e whh regulation made under section IS4 of that ct.

We conducted our audit in a ordan with lnternati nal : tandard on uditing (UK) (l A (L'Kj) and appli abi law . Our r pon ibilitie under those tandard ar furth r de ribed in th Auditor' re pon ibiliue f r the audit oí the finan ial tal rnents c ti n of our r port. \ arc independent of the chant) in a cordance w ith the ethi aJ requirements that are relev ant t our audit of the financial statements in thc UK. including the I-RC'~ Ethical . tandard. and we hav e fulfilled our other ethical r pon ibilities in accordane with these requirern nt . \l e believe that the audit viden e we have obtained i ufficicnt and appropriate to pr vide a basi: f r ur pillion.

Conclusion relarin to oing concern

We have nothing (o report in rc. pc lof the f 1I0\-\in,:, marrer in relaii n to which the l A (l1K) requir u: to report to )OU where: th tru nees' use of the ging concern ba i fa countins in thc preparation of thc finan ial statern nt i not appropriat : or the tru tee hav c n t di cio d in th financial tatcm nt an) identified material unccrtaintic that ma) cast ignificant doubt about th charity' ability lO ontinue to adopl the going c Deem bal.i o a 'ouming for a period f al leastl\\ h e month from th dale \\-hen the financial tal m nt arc authori cd for i . UC.

Other information

I he trustee arc r pon ible for the other informalion. rh other information compri e the information an ludcd in the Annual Report. other than th financiaJ 'latem nt and our auditor' report thereon. Our opmi n on lhe tinan ial ~letements doc!>. nol cover the other information and \\c do not expre s an) onn of a Urdnce conclu i n thereon.

In connection with our audit of Ihe financial statements, our re p n ibilit) i to read the olher information and. in doing o, con ider \\ hether lhe olher informalion i materiali) in on i lent" ilh the linancial latcment or our "no" ledg btain d in Ihe audit or olhcrwi c appear l) be materiali) mi taled. If ,\ eidentit") 'ueh material i neon i teneie or apparent material mis tatemenl. . wc arc rcquired lo determine '" hether ther > i a material mi. talcment in the financial talcment or a material mis'itatcmcnl of the other information. If. ba cd on the \\ork \\c ha\c performed. \\c 'ondude that there ¡ ... a matcrial mi talemenl of thi other inf rmation, wc arc required 10 report thaI fa t. \V hm e n thing to rcport in lhi regard.

Matters on which we are required to report by exception

We ha' c n thing lO report in re peel of the follo\\-ing mauer \\ here the Charitie Act 201 J require LI to report to )OU

if. in ur opinion: the information gi\ en in the IÏnancial "lalern nt i incon i.lcnl in an) materi~1 re~pect \\ ith lhc..· Report of lhl: Tru lee : or u ficicnt a counting record .. ha' n l been kept: or the financial tatements arc n t in agreement \\ iLh the ounting re ord and rctum : or \\c have nOl received all the information and c)o.planations we require for our audit.

A DITOR' REPORTTOTHETR TEE OFTHETHO P O FAMILY HARITABLETR T

R pon ibiJities of tru tees

s e plain d mor full~ in th tatemcnt fR pon ibilitie of the Trustee Cl OUlon page 3. the tru Ie l> are re ponsible for the preparation of th financial statement and f r being ali fi d that they g¡' c a true and fair, iew , and for. u h int mal control as the tru lee determine is ne e af) 10 enable the preparation of finan ial taternent that are Ir from mal rial

mi lat ment. whether du to fraud or error.

In preparing the financial taiements. the tru 'lee are re .pon ible for as es ing the charity' ability 10 continue a a going con cm. di cl ing. applicable. mauen relating t goin on ern and u ing th e ing C n m b i f a counting unie th lru 'tees either intend to liquidate the charity or to cease pcration . or hav e no reali ti alternative but to do o.

uditor's respon ibiliti for the audit of the financial taternen

Our objecuvc arc to obtain rca on bi a suran e bour \\ helher the financial statements as a \\ hole are free from material mi Hll m m. ,\ heth r du t fraud r errar. and IO i lIC n auditor' repon that in lude our pinion. Reasonable a .. uran e i: a high lev cl f urancc. but i nOI a gu rante that n audit ndu l d ,\ ith I A (UK) will alway: d te t a mat rial mi tatem nt when it evi is. Mi. tatements can ari e from fraud or errar and ar C In idered material if. indi, idually or in the aggregate.jhey could feas nabl be evpe led io mfluen c the c onomi de i i n of u ers taken on the ba i of the e financial taicment

A further de. cription f our re pon. ibilitie for the audit of the financial tatcrnents i loc ted )n the Financial Reporting Council' web ile at: hup.. \\ \\ \\ .frc.org.u auditerste pon ribiliti . This des ription f irrn part f our audit r' report.

. of our repon

r hi repon i made solely io the chant} '. tru lees. as a bod). III a cordance with the Charitie t 20 I I. Our audit work ha. been undertaken o that we miaht ... tate to the charity' tru ... tee. lh se matter \\c are required la ,late la lhem in an auditor' repon and for 110 olher purpose. lo lhe fulle.t c\telll permitted by la\\. \\c do not accept or a ume re pon ibilit) lO an)une other than the charit) and the haril)' lru lCC. a. a bod}, for our audil w rk. for thi r ·port. or for the opinion ... \\c hmc formed.

R'~ l'K Audit LLP lalutor) udilor

Chane red cc untant 25 rarringdon , lrCCI London Ee 4A 4 B

~l No~.2..Cl \~ RSM l 'K udiI LLP is c1igi bi lo act a an auditor In tenns of eClion 1212 of the ('ol1lpanic. t 2006

THE THOMP O F AMIL y CHARITABLE TR T

TATEME OF FI A CIAL A J ITIE FOR THE YEAR ENDED 31 T.lA U RY 2019

OM FROM:

lm lm nt

Total income

EXPENDITURE O : Charitabi activiti Charitable d nation and grani upport and gov em n c c t

Total expenditure

ET MO EME T I F D

RECO CILlA TIO OF FU D "l otal fund brought forward

TOTALFUNDSC~EDFORWARD

2019 L'rire tri led l-und

2018 l nre tricied Fund

.680,188 82-'7.663

7. 0.188 82-'7.663

3 ..J

(5.9 0350) ( J 2)

( 17.050.000) ( 1..J.995)

(5.9 7.732) ( 17,06-t,995)

(8,817.332)

(15.780,46 ) 10.730J-W

(I..J.O .OO..J) 1.913.008

8 t 23 .326.707 121 A13.699

ro 238. 03 123.326.7

6

THE THOMPSO 'FAMILY HARlTABLE TR T

BALA E HEET AT 31 T J ARY 2019

2019

¡ 'ot

FIXED ET lnve trnents

CURRE T Debtor.

Cash at bank 6 624.41.­

I 9.92

Total current a sets 1 43 .. ß

CURRE T L1ABILITIE Creditors falling due \\ ithin one) ear 7

ETCURRENT ET

ETAS T

F D OF THE HARITY l nrc tri 'ted fund

TOT AL CHARITY FU D

Regi tered Charity in England and Wale 'umber 32 01

The not s on pages 9 to 14 form part of the finan ial taternents.

2019

£

109.1 1.102

~ .601

109238. 03

109238.703

10923 .703

I he f nancial statements \\ ere approv cd h) the 'I ru tee: on 21 t '\0\ ember 2019 and were SiiH1Cd on their behalf h):

¡2-(;~-f~ R.B. COPl'S

2018

c

60.411 21953

1.079.949

( 1.005327)

2018

£

123.252.085

74.622

123326.707

12.~J26.707

123326.707

THE THOMP O F AMIL Y HARITABLE TR T

TA TEMENT OF C H FLOW FOR THE YEAR E DED 31 T JA AR 2019

OPERA TI G ACTIVITIE f) nation paid dmini irati n and gov emance e I

ash u ed in operating activitie

VE TI G ACTIVITIE Interest and. irnil r in ome re eiv cd Rental inc me receiv ed Pur ha c of inv trnents Disposal of inv e. tments

et ea h provided by iDV ring activiti

D H THE YEAR

a h and cash equivalent brought forward

2019

<6._30J50) (-.492)

7.473.483 199.415

() .. U43J 2) 32.676.636

CASH A D C H EQ IV ALE T CARRIED FORWARD

2019

<6.235 ... U)

6.206.-.2

(29,610)

21953R

1 9.92

20tH £

( 17.050.000) (9.8 5)

8A.9.956 197.145

(5 .633.3..;8) 6 .0 2206

20lR £

(17 .059. 85)

17.0 5.959

26.074

t93.-U'H-

219.53

THE THOMPSON F AMIL Y CHARITABLE TR ST

OTES TO THE F A CIAL T ATEME

ACCOUNTING POLICIE

Basi of Preparation and A ment of Going Concern Th financial taterncnts hav c been prepared under the hi roncal co. t com ention with il m recogni: ed at co t or rran a tion \ alue unIe thcrwi e stated in the relet ant note to the e financial taternents. The financial taternen have been prepared

in a ordanc with th tatern nt of Recommended Practi e: ccounting and Reporting b) Charitic preparing their a aunt in ace rdance \\ ith the Financial Reponing tandard appli bic in the L'K and Republic of Ireland ( R 102) effectiv e I January 2 15 and the Finan ial Reponing 'tandard appli abI in the l 'nit d Kingdom and Republi f Ireland (FR 102) and the Charities t 201 l. he Charity n titute a public benefit entity as deíined b) I-R ' 102. l'h Irustcc 'on ider that there are no material uncertaintic which could affect the Charity • ability t continue as a going con ern.

Investment Income Reco nition Intere l incom and rent' are credited to the taterncnt of Financial A li\ ities on an a crual ba i . Di, idends are accounted for when received, as thi i when both the charily' entitlement to receive payment and the probability f re eipt are certain.

Expenditure Recognition Expenditure i included n an accrual basis. Grant and d nation pa) able are charsed in the ) ear in \\ hi h th pa) ment i 11 tified to the re ipicnt. except in tho e ea w here the grant i conditional. uch denari ns being rc ogni sed a evpenditur \\ hen the c ndition alla hing are fulfilled. Grant offered subject to condition \\ hich hav c not been met at the year end are noted as a commitment, but ar not accrued a vpenditure.

FinanciaJlnstrument Financial in. irumcnts which arc quoted im estrnents are initi II) recogni cd at their tran acti n \ alue and arc . ubs equently mea ured at their fair \ alue as at the balance heet date u ing the lo ing quoted market price. The tat ment of financial activitie: indud th nel gain and lo", C' ari ing on rev aluation and di po al throughout the )ear. The Charity d n t hold prions, deriv ativ e or. imilar omplcx finan ial in trument.

Other ba ic financial in trumcnt such a Ca! h depo .its. receiv able and redilar that do not con. titute a financing iran 'action are initially ree rded at the tran action value and are ub equentl) mea 'ured al amorti cd co l.

Fixed As et Investment Propertie [11\ e:tment propertie are \ alu d annuali) b) lh fru ICC on an open markel ba~i . and the 'urplus or deficit i taken to lhe tat ment f Financial cth itic . No depreciation or amorLi ation i pro\ ided in re pect of freehold in\ c lment prop rtic ,

as the pr pertie: are held for in\ e lment rather than on umpti n and the fru Lee belie\ c that ) l'mati annual depreclati In

\\ould be inappropriate. Deprc iation i. onl) one of man fal:lors r nected in the annual \ aluati n and the amounl whi h othcrwi e might be hO\\'11 ( .. 'annoI be :,cparatcl) identified or quantified. Invc 'lm nt propeni are let und r operating lea. c to third paJ1ies. Rental income fronl operating lease i in ludcd in the tatemem of íinancial acti\ Itle~ on an accrual basis.

Fund Accounting All fund arc unre tricted and are a\ ailable for u. e at th di. erelion of the Tru l 'e'in the funheran 'e lf the general obj eti\. c of the charit) and ha' nOI been de 'ignaled for an) other purpo. e.

CriticaJ Judgements E timate and judgements arc continuali) c\ aluaL d and are ba. ed on hi 'lorical experience and olher factor. including c\pectation' of future event lhat are belie\ ed lO he rea )nable under Ihe cir um tance . The charit) make e. timate. and as~umpti )n . concerning lhe future bUl accounting e timales and a' umption \dll. b) deíinilion. cldom equal the related aClual result~ fhere are n } e limate and a urnption lhal. in the Tru tee' \ i \\. ha\ e a . igniíicant ri k of causing a material adju tm nt ID the carrying \ aIlle of a . el and liabilitic within the ne\t íinancial )car.

9

THE THOMPSON FAMILY HARIT ABLE TR T

OTESTOTHEFlNANC1ALSTATEME T (CO Tl UED)

2 I VE TME T INCOME

Intere t re Î\ cd on ea h d po it Income from quoted Ii" ·d interest ecuritie: & preference hare. Operating lease rental received on investment properties

3 CHARlT ABLE DONATIO S A D GRANT

A tion on ddi lion mbitiou about uti m nimal Health Tru t

Barnardo' Beyond uti m Birmingham Women' & Childr n' Ho spital Charity Bone Cancer Re earch Tru I

Brain an er Charity Break - Changing Young Live: Briti h Heart Foundation Briti h Hor ' iCI) Briti h Ra ing 'h I Educan n Briti h Thoroughbred Retraining Centre Cambridge Women' . id Carer in Hertford hire Carer Tru t

Centrepoint Chickensh ed Theatre Iru t

Contact the Elderly Country rood Trust Deborah Rogen. Foundation Dai ) Programme Donmar Wareheu e Project :.ru,t nglia' Children' Ho pice r,.lli l nglian Arnbulanc Felix Pr ~c t

I-'OT\\ ard T ru t Gi\ c-a-Book Great Ormond Street Ho piral Children'. Charity Grcatwood ( harity Headway: the Brain Injury A sociation Hospice in the Weald King Edward VII Ho pital Ki haron London Youth Longborough I- ,ti\ al Opera Lov c Burnt Oak Macmillan Cancer Support (2 grants in 2019) Mind M tor eurone Di c e A o iation . Julliplc. elerosis Society ;'\ationaJ Gallery

( arri ed forward

lO

2019 £

201 £

25.728 7.456.134

19 326

15.630 .033,775 198258

247.663

20t9 £

201 c

200.000 70.000

200,000 100.000 100,000

:.000 50,000

5.000 ·.000

10.000 50.000 50.000

5.000 10.000 10.000

.000

50.000 20.000 10.000

100.000

50.00 50.00

50.000 50.000 10.()00 25.000

5.000 100.000 300.000

1 20.000 10.000

300.000

10.000 10.000 5.000

200.000 2.000

50.000 5.000

12.000.000 5,000

200.000

50.000

1.000

_50 5.000

1,-.000 301.000 :0.000 5.000

100.000 200.000

5.000 15.000

300.000

100.000 200.000

1.905.350 13.957.000

THE THOMP ON AMIL Y HARlT ABLE TRU T

OT TO THE FI A IAL STATEMENT ( O TI ED)

3 CHARITABLE DO ATIO AND GRANTS (CO TI UED)

rom page 10

ational H r racing Mu cum ~arionaJ O teoporosi ociety 'ati nal Portrait allery Newmarket Da . Centre orth I ndon H pi

On ide Youth Zone Our pc ial friend' Outward Bound Tru t xf ord Phi I harmoni Orche: tra l ru. t

Pret l-oundation Tru 1

Primal) hake pear Company Queen bury chool Racing Welfare (2 grant in 2019) Retail Tru t (2 gran in 201 ) Roy aJ eadem) f rt Royal Acad m) of MU'i Ro)al Ibert Hall R yal Ballet End wrnent rund R yaì Ballet School R yal l- undation - Head Together Royal Iational In. titule for the Blind Royal National Theatre (3 grants in 2019: 2 grant in 2018) Royal Opera Hou. c Cm ent Garden Foundation Royal Trinil) Ho pice t. Andrew" Church, 1 oucridge (2 grant in 2018)

St. Andrew's Primal) School it. John' 'ollcge O. ford St. Mar)' hurch. ( hev ele) • t. Peter' Tru t for Kidney Bladder Prostate Re ear h 'arcoma UK a .. itri Waney Charitable Tru. t

~ ene and I Icard • hy Lowen Horse and Pon) anctuary · ilver Lin Helpline sun rorce Snow Sport foundation Spinal Injuries A. sociati n Sport id Tru t

Stroke sociaiion (2 grants in 2018) rhomas Coram l-oundation for hildren Tin) Tickers l oueridge Manor A sociation l 'niv er 'it) of Exeter l'roi g) f-oundation Viet ria and Albert Mu. cum War Child We Are All Making a Difference Tru t Working C'han World Horse Welfare Wycombe Abbe) School (Girls Education Company Limited)

II

2019 £

2018 £

1.905.350 13.957. O

~.OOO 50.000

100.000 1.000 5.000 5.000

50,000 1.000

50.000 30.000

50,000 20,000 50,000 ·0.00 50.000

5,000 125.000 100.000

2.000 100.000 150,000 350.000

200.000 150.000 350. 00 20.000 150.000 150. 20.000

372,000 -.000

50.000

150.000 100.000

355.000 70.000

150.000 1.000

200.000

100,000 50.000 165.000

1.000

50.000

5.000 20.000 10.000 10.000

100.000 50.000

100.000

50.000 50.000 100.000 350.000

50.000 100.000 sss.ooo 20.000 10,000

200.000 5.000

50.000 100.000

50.()()() 5.000

50.000 5.000

1.000.000

5.000

5.980350 17.050.000

THE THOMPSO F AMIL Y HARIT ABLE TR T

OTE TOTHEFI O TI ED)

2019 2018 £ £

132 7.995 7.250 7,000

7382 I-L995

4 SUPPORT AND GOVER A E CO T

upport cost Governance O t - audit f

o pay ment of rcmun ration r cvpen: e. has been made lo an) of the 'I rustee (20 I R: Enil) and the Charity ha no empio ee (2018: nil). Ther were no rclat 'd part) mm a tion in the year or the prior )ear,

f-reeh Id Quoted C~h Total pr pertie: inv e tment dcposu 10\ estrncnt

£ £ r £

1.100.000 99 -39.700 22.6123 5 123252.0 5 3-U-BJ02 ( 19.496JH5) 14lH6.6-7

(12.937.18 ) (12.93 .1 O) ( 1 ~ .780 .... (0) <1:.7 0 .... 60)

1.100.000 104.'65362 3.115.740 109.1 1.102

2.2-l8.J 25 81.~2.J35 22.612J~L" 106502.64: 2.2-+8.125 102.9140451 3.115.7-tO io .278J16

5 FIXED ETI E TME T

Market \ al ue at Ist l-ebruary 20 IS ddiuons at CO'1

Di. po. al pr ced Lo . e i n the ) ear

Market \ alue ,131.1 Januar) 2019

Hi ton al cost at I I Februar) 2018 H i uorical c I at 31 'l Januar) 2019

II 10\ e trncnt arc m the l K. and the \ aluation of the propcrtic ha been carried OuI b) the Frustces after taking adv i e from Chartered urv C) or . Quoted inv estments at th ) ear end and at the prior) car end \\ cre repre ented enti rely by fixed inc me se uritie and pr ference hare, AI.11 I Januar) 2019.thc following investments represented In re than 5lh of total in' e tmcnt :

(

Lloyd Banking Group 13lk Fixed Income S curitie ali nwidc 10.2-Çf- CCf) .

Lloyd Banking Group 9.25(k Preference Share A' i, a 8 . .175<h Preference 'hare . \ i, a 8.75c,f Preference hares

35.435.250 24.~ .159 14.636.138 7 77. 86 596.919

I he main form of financial nsk faced b) the Charity j, that of, olaulity in im estrnent market due to \\ ider e onomic

conditions, the attitude of investors to im esunent ri k. and change: in sentiment .... ithin im stment s ciors or sub .. ectors. r he 'r ruste es eek lO mitigate tho risks b) monitoring inv e trnent market. on a daily ba is and adju Ii ng the inv c uncut strategies accordingly ,

6 DEBTOR FALLI D E WITHI O E YEAR 2019 c

201 £

ccrued income

Balance due Ir 1111 tockbrokcr Pr >pcrt) debtor

JII.959 .112.130

326

303580 554.9~1

1.890

624.415 600411

12

THE THOMP ON F MIL Y CH RIT ABLE TRU T

OTE TO THE FI ANCIAL TATEME T (CO TINUED)

7 CREDITORS FALLI G D WITHl O YEAR

2019 £

2018 £

Rems and other property income receiv ed in ad\ ance Donation pledged but not) et paid at ) ear end Accrual Al pa abì

-J ... L242 700,000

7.000 55

-t-t.24 J

950,000 7,000 4.086

756.742 1.005327

There are no capital or other commitment at31 t January 2019(201 nil).

8 F O 2019 £

201 £

l 'nre tricted fund brouaht forward l in rease (decrca c) for the year

123_ 26.707 (I-tOS .OO-t)

121.413.699 1.913.00

Unre tricted fund carri d forward 109.23 .703 12B26.707

All funds are unrestricted, and may be di tributed in an) "a) \\ hieh is on ist nt \\ ith the charitable object of the Tru t. The 'J ru: tec .. however, anti ipate that approvirnately £50 million f the fund rna) oc utili cd on the future capital proje Is

referred lO in the Report of the I ru: tee'.

9 FI A CIALl STRUME T 2019 c

201 £

Financial assets at fair valu Quoted inv esirncnu IO-k96.- 362 99539.700

Financial as ct that are debt in trurnents mea ured at amorti ed co t Cash deposits included in inv estments ccrued income re 'ci\ able

Balance due from stockbr ker Oth r receiv ables

3.115.740 311.959 312.130

326

22.612.385 303580 554.941

1.890 3.740.155 23.472.796

Financial liabiliti measured at amortised co t Donation pledged but not ye; paid at year end Other r ditor.

00.000 7,nOO

950.000 7.000

707.000 957.000

THE THOMPSO F AMlL Y CHARITABLE TR T

OTES TO THE FI A IAL T ATEME O TI ED)

lO OPERATI G LEA E INCOME

The future minimum leas pa)'m nt du to be r eivcd under non-cancellable operating lease are a follow:

2019 c

2018 £

Recei vabl \\ ithi n one) car Ree ivablc later than one year and not later than fi, years

I-U).OOO 155.000

198.000 301.000

301.000 499.000

l-l