Invesco CurrencyShares British Pound Sterling Trust

For the period ended Jun 30, 2024. Filed Aug 7, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 7, 2024

FXB$129.11+0.7%Stored close · as of Nov 9, 2026

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Contents

Item 1. Financial Statements

Invesco CurrencyShares®British Pound Sterling Trust

Statements of Fina ncial Condition

June 30, 2024 and December 31, 2023

	June 30, 2024	December 31, 2023
Assets
British Pound Sterling deposits, interest bearing	$54,644,463	$85,722,013
Receivable from accrued interest	172,906	282,429
Total Assets	$54,817,369	$86,004,442
Liabilities
British Pound Sterling deposits, non-interest bearing, overdrawn	$7,592	$14,218
Accrued Sponsor’s fee	18,873	30,908
Total Liabilities	26,465	45,126
Commitments and Contingent Liabilities (Note 8)
Redeemable Capital Shares and Shareholders’ Equity
Redeemable Capital Shares, at redemption value, no par value, 450,000 and 700,000 issued and outstanding, respectively	54,790,904	85,959,316
Shareholders’ Equity:
Retained Earnings	—	—
Total Liabilities, Redeemable Capital Shares and Shareholders’ Equity	$54,817,369	$86,004,442

Statements of Comp rehensive Income

For the Three and Six Months Ended June 30, 2024 and 2023

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Income
Interest Income	$550,375	$781,805	$1,259,572	$1,503,602
Total Income	550,375	781,805	1,259,572	1,503,602
Expenses
Sponsor’s fee	(60,069)	(104,074)	(137,337)	(215,711)
Total Expenses	(60,069)	(104,074)	(137,337)	(215,711)
Net Comprehensive Income (Loss)	$490,306	$677,731	$1,122,235	$1,287,891
Basic and Diluted Earnings (Loss) per Share	$1.00	$0.79	$1.99	$1.41
Weighted-average Shares Outstanding	491,209	860,440	562,637	914,088

For the Three Months Ended June 30, 2024

Retained Earnings · TotalShareholders'Equity · Shares · RedeemableCapital Shares
Balance at March 31, 2024	$—	$—	550,000		$66,927,788
Purchases of Shares	—	—	100,000		12,181,008
Redemption of Shares	—	—	(200,000)		(24,400,530)
Net Increase (Decrease) due to Share Transactions	$—	$—	(100,000)		$(12,219,522)
Distributions	(513,961)	(513,961)		—
Net Comprehensive Income (Loss)	490,306	490,306		—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	23,655	23,655		(23,655)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—		106,293
Balance at June 30, 2024	$—	$—	450,000		$54,790,904

For the Three Months Ended June 30, 2023

Retained Earnings · TotalShareholders'Equity · Shares · RedeemableCapital Shares
Balance at March 31, 2023	$—	$—	900,000		$107,112,007
Purchases of Shares	—	—	250,000		30,105,740
Redemption of Shares	—	—	(350,000)		(42,089,654)
Net Increase (Decrease) due to Share Transactions	$—	$—	(100,000)		$(11,983,914)
Distributions	(682,389)	(682,389)		—
Net Comprehensive Income (Loss)	677,731	677,731		—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	4,658	4,658		(4,658)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—		2,800,729
Balance at June 30, 2023	$—	$—	800,000		$97,924,164

For the Six Months Ended June 30, 2024

Retained Earnings · TotalShareholders'Equity · Shares · RedeemableCapital Shares
Balance at December 31, 2023	$—	$—	700,000		$85,959,316
Purchases of Shares	—	—	250,000		30,344,443
Redemption of Shares	—	—	(500,000)		(60,946,024)
Net Increase (Decrease) due to Share Transactions	$—	$—	(250,000)		$(30,601,581)
Distributions	(1,159,633)	(1,159,633)		—
Net Comprehensive Income (Loss)	1,122,235	1,122,235		—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	37,398	37,398		(37,398)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—		(529,433)
Balance at June 30, 2024	$—	$—	450,000		$54,790,904

For the Six Months Ended June 30, 2023

Retained Earnings · TotalShareholders'Equity · Shares · RedeemableCapital Shares
Balance at December 31, 2022	$—	$—	950,000		$109,925,575
Purchases of Shares	—	—	350,000		41,662,645
Redemption of Shares	—	—	(500,000)		(59,759,309)
Net Increase (Decrease) due to Share Transactions	$—	$—	(150,000)		$(18,096,664)
Distributions	(1,207,243)	(1,207,243)		—
Net Comprehensive Income (Loss)	1,287,891	1,287,891		—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	(80,648)	(80,648)		80,648
Adjustment of Redeemable Capital Shares to Redemption Value	—	—		6,014,605
Balance at June 30, 2023	$—	$—	800,000		$97,924,164

Statements of Cash Flows

For the Six Months Ended June 30, 2024 and 2023

	Six Months Ended June 30,
	2024	2023
Cash flows from operating activities
Net Comprehensive Income (Loss)	$1,122,235	$1,287,891
Adjustments to reconcile net comprehensive income (loss) to net cash provided by (used in) operating activities:
Change in operating assets and liabilities:
Receivable from accrued interest	109,523	(86,841)
Accrued Sponsor’s fee	(12,035)	(2,333)
Net cash provided by (used in) operating activities	1,219,723	1,198,717
Cash flows from financing activities
Distributions paid to shareholders	(1,159,633)	(1,207,243)
Proceeds from purchases of redeemable capital Shares	30,344,443	41,662,645
Redemptions of redeemable capital Shares	(60,946,024)	(59,759,309)
Increase (decrease) in payable for British Pound Sterling deposits overdrawn	(6,626)	13,337
Net cash provided by (used in) financing activities	(31,767,840)	(19,290,570)
Effect of exchange rate on cash	(529,433)	6,014,605
Net change in cash	(31,077,550)	(12,077,248)
Cash at beginning of period	85,722,013	109,779,970
Cash at end of period	$54,644,463	$97,702,722
Supplemental disclosure of cash flow information
Cash paid for interest	$—	$—

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