Trustees' Annual Report for the period
Period start date Period end date 6 April 2020 5 April 2021
From To
Section A Reference and administration details
Charity name
The Minto Charitable Trust
Other names charity is known by
Registered charity number (if any) 1009690
Charity's principal address
18 Latham Road
Cambridge
Postcode CB2 7EQ
Names of the charity trustees who manage the charity
| 1 2 3 4 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Graeme Minto | Chair | Settlor | ||
| MaryMinto | Settlor | |||
| LucyLow | Settlor | |||
| Robert Minto | Settlor |
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Section B Structure, governance and management
Description of the charity’s trusts
Trust Deed Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Appointed by Settlor Trustee selection methods (eg. appointed by, elected by)
Additional governance issues (Optional information)
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You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
The Trustees shall hold the capital and income of the Trust Fund upon trust to apply the income and all or such part or parts of the capital for or towards such charitable purposes and to make donations to such charitable institution or institutions at such time or times and in such manner as the Trustees may in their absolute discretion think fit.
The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust Fund’s aims and objectives and in planning future activities and setting the grant making policy for the year.
Summary of the main activities undertaken for the grant making policy for the year. The Trust Fund carried out these objects by making grants to charitable bodies public benefit in relation to to assist them in the furtherance of their charitable aims. these objects (include within this section the statutory The trustees consider that the grant made in the year is for public benefit in the declaration that trustees have UK. had regard to the guidance issued by the Charity Commission on public benefit)
The Trust Fund carried out these objects by making grants to charitable bodies to assist them in the furtherance of their charitable aims.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
Section D Achievements and performance
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Section D Achievements and performance
Summary of the main achievements of the charity during the year
A donation of 1570 shares in Nestle SA was received. They were sold and added to the Investment Funds. The Investments held were sold and reinvested by new investment managers. Banking arrangements were transferred to new Bankers.
Due to these changes, only one donation was made during the year, but the Trustees expect in future to resume their recent level of donations.
Section E Financial review
Brief statement of the charity’s policy on reserves
Apart from the Investment Funds, it does not hold any other reserves, except where funds have not been fully expended in the year and are carried forward and available in the next period.
Details of any funds materially in deficit
none
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Graeme Sutherland Minto Position (eg Secretary, Chair, Chair of Trustees etc)
Date 21/12/2021
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Charity Name No (if any) The Minto Charitable Trust
CC16a
Receipts and payments accounts
| For | the period from |
06-Apr-20 Period start date |
To | 05-Apr-21 Period end date |
|---|---|---|---|---|
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ |
Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
Donations |
127,429 | - | - - - - |
127,429 | 2,000 - 10 10,267 |
|
| Gift Aid | 500 | - | 500 | |||
| Bank Interest | 3 | - | 3 | |||
| Income from Investments | 12,809 | - | 12,809 | |||
| Sub total(Gross income for AR) | 140,741 | - | - - - - |
140,741 | 12,277 | |
| A2 Asset and investment sales, (see table). |
||||||
BlackRock Funds |
417,747 | - | 417,747 | - | ||
| Sub total | 417,747 | - | 417,747 | - | ||
| Total receipts A3 Payments |
||||||
| - | 558,488 | 12,277 | ||||
Donations |
1,000 | - | - - |
1,000 | 13,000 138 |
|
| Costs | 147 | - | 147 | |||
| **Sub total ** | 1,147 | - | - - - - - - - - - |
1,147 | 13,138 | |
| - - |
||||||
| A4 Asset and investment purchases, (see table) |
||||||
| Investment Funds | 415,323 | - | 415,323 | |||
| - | - | |||||
| **Sub total ** | 415,323 | - | 415,323 | - | ||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | 416,470 | 13,138 | ||||
| 142,018 | - | 142,018 |
- 861 | |||
| - | **- ** | - | - 1,207 |
|||
| 346 | - | 346 | ||||
| 142,364 | - | 142,364 | 346 |
Section B Statement of assets and liabilities at the end of the period
| Categories B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities B1 Cash funds |
Details | Unrestricted funds to nearest £ 12,100 258 130,006 142,364 OK Unrestricted funds to nearest £ - Fund to which asset belongs Unrestricted funds Fund to which asset belongs Fund to which liability relates |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
|---|---|---|---|---|
| NatWest Bank | - - |
- - |
||
| CAFBank | ||||
| Investment Cash | ||||
| Total cash funds (agree balances with receipts and payments account(s)) Details |
- | - | ||
| OK | OK | |||
| Restricted funds to nearest £ - Cost (optional) |
Endowment funds to nearest £ - Current value (optional) |
|||
| none | ||||
| Details | ||||
| Investment Funds | 415,323 | - | ||
| Details | Cost (optional) | Current value (optional) |
||
| none | - | - | ||
| Details | Amount due (optional) - |
When due (optional) |
||
| none |
Signed by one or two trustees on behalf of all the trustees
Signature
Print Name
Date of approval
Graeme Sutherland Minto 21/12/2021
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Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Minto Charilable Trust On accounts for the year ended 5, April 2021 Charity no (if any} 1009690 Set out on pages I report to Ihe trustees on my examination Ihe o* ccounts of Ihe above Responslbllltles and Jasis of report As the charity's trustees, you are responsible for the preparation of Ihe accounls in aCrdance wilh the requirements of the Charities Act 2011 ("the Act'j. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission und8r section 145(5llb} of the Act. Independent I have completed my examination. I confimi that no material matters have gxamlner's statement come to my attention in connection with the examinalion which gives me cause lo believe that in. any malerial respect: the accountsng records were not kept in accordan with section 130 of thè Charities Act.. or the accounts did not accord with the accounting records., or the accounts did nol comply with the applicable requirements conceming the form and content of accounts set out in the Charities {AcGounts and Reports) Regulations 2008 other than any requirement that the accounts give 8 'true and fair, view which is not a matter considergd as part of an independent examination. I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in Ihis report in order to enable a proper understanding of the accounts to be reached. Date: 2111W2021 Signed: Name: Donald Douglas R•lgvartt prof••&lonal qualNlcaUonlsl or body Ilf anyl-. MACA Address: Mar House Long Lane Fowlmere Cambridgeshire SG8 7TG IER Oct 2018