Company: FXB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027271
Chunk: 54

Company: Invesco CurrencyShares British Pound Sterling Trust
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 54
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 OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 

The Trust has no officers or directors. The following table sets forth certain information regarding beneficial ownership of our Shares as of January 31, 2025, as known by management. No person is known by us to own beneficially more than 5% of outstanding Shares. 

    Title of Class
     
    Name and Address of Beneficial Owner
     
    Amount andNature ofBeneficialOwnership

    Percentof Class

    Shares
     
    Managers and Officers of Invesco Specialized Products, LLC as a group

    —

    Less than 0.1%

The Trust has no securities authorized for issuance under equity compensation plans. 

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

See Item 11. 

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES. 

Audit and Non-Audit Fees 

The following table sets forth the fees for professional services rendered by PricewaterhouseCoopers LLP (“PwC”), the Trust’s independent registered public accounting firm for the years ended December 31, 2024 and 2023. 

    Fiscal Years Ended December 31,

    2024

    2023

    Audit Fees
     
    $
    39,550

    $
    38,030

    Audit-Related Fees (1)

    14,000

    —

    Tax fees

    —

    —

    All other Fees

    —

    —

    Total
     
    $
    53,550

    $
    38,030

(1)Audit-Related Fees for the fiscal year ended December 31, 2024 include fees billed for reviewing regulatory filings.

Approval of Independent Registered Public Accounting Firm Services and Fees

The Sponsor approved all of the services provided by PwC to the Trust described above.  The Sponsor pre-approved all audit and allowed non-audit services of the Trust’s independent registered public accounting firm, including all engagement fees and terms.

31

PART IV

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

(a)(1) Financial Statements

See financial statements commencing on page 15 hereof.

(a)(2) Financial Statement Schedules

No financial statement schedules are filed herewith because (i) such schedules are not required or (ii) the information required has been