## **THE BERGQVIST CHARITABLE TRUST** # **RECEIPTS AND PAYMENTS ACCOUNTS** **YEAR ENDED 31 DECEMBER 2024** ## **THE BERGQVIST CHARITABLE TRUST** REFERENCE AND ADMINISTRATION DETAILS REG CHARITY NO: 1015707 PRINCIPAL ADDRESS: Moat Farm Ford Aylesbury BUCKS HP17 8XD TRUSTEES: Mrs P A Bergqvist (Chairman) Ms S C Bergqvist Mr P.E.P Bergqvist GOVERNING DOCUMENT: Trust Deed BANK: CAF Bank Ltd Credit Suisse (UK) Ltd 25, Kings Hill Avenue Five Cabot Square Kings Hill London West Malling E14 4QR Kent ME19 4JQ INDEPENDENT EXAMINERS: Mrs Sarah Smith MSc. BSc (Hons) . FCCA. FCIE. MNAVP TSA (Oakham) Ltd 8 Main Street Cold Overton LEICS LE15 7QA Page 1 ## **THE BERGQVIST CHARITABLE TRUST** ## **Independent Examiners Report to the Trustees of The Bergqvist Charitable Trust** I report to the trustees on my examination of the accounts of the Bergqvist Charitable Trust (the Trust) for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (" the Act"). 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 under section 145(5)(b) of the Act. ## **Independent examiners's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the Trust as required by section 130 of the Act; or - 2 the accounts do not accord with those records. I have no concerns and have come across no othe matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Sarah A Smith (Mrs) MSc. BSc(Hons). FCCA. FCIE.** 4th August 2025 TSA (Oakham) Ltd 8, Main Street Cold Overton LEICS LE15 7QA Page 2 ## **THE BERGQVIST CHARITABLE TRUST** ## **TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 DECEMER 2024.** The report of the trustees for the year ended 31 December 2024 includes the information given on the Reference and Administration page, (page 1). The charity is constituted as a trust under a deed. New trustees are appointed by existing members. ## **Objects:** The charity promotes health, the arts, education and the environment, by making grants to specialist registered charities and community organisations. There is a particular emphasis on epilepsy and psychiatric research projects and assisting people with epilepsy and mental health conditions. ## **Activities in support of the objects:** Grants totalling £47,500 (2023: £11,875) were made in the year. The trustees are aware of and take account of the Charity Commissions guidance on public benefit when expending the trusts income, supporting a wide range of charitable organisations. ## **Achievements:** The trust continues to support charities with both ad hoc and regular donations. These pledges cover areas of support as follows: health, arts, community and church, totalling £27,500. The trustees have resolved to further epilepsy and psychiatric research projects, making further donations in 2024 of £20,000. ## **Financial Review:** The portfolio performed extremely well in the financial year with gains of 11.1% after outflows of £40k to the trust and management fees of £23k. The value is £2,390,630 at the financial year end. The trust is secure financially and able to pay creditors as they fall due for at least 12 months from the balance sheet signature date. The trustees keep the value of the capital base under constant review with a view to continuing to support vital research and other community work through grants. Signature Name Position Mrs P A Bergqvist Chairman Date 4th August 2025. Page 3 ## **THE BERGQVIST CHARITABLE TRUST** ## Receipts and Payments Accounts For the Period 1 January 2024 to 31 December 2024 |**NOTE**
**Unrestricted**
**Fund**
**£**
**Receipts**
Investment income
40,077
**Total Receipts**
40,077
**Payments**
Grants Paid
47,500
Management and administration:
Secretarial and Bank Fees
61
Book keeping
90
Independent Examination
410
**Total Payments**
**Net Receipts before investment proceeds**
Other income - Disposal of investments
**Total net receipts for the year.**
Total Funds Brought Forward January 2024
Total Funds Carried Forward December 2024|**TOTAL**
**2024**
**£**
40,077
**40,077**
47,500
61
90
410
**48,061**
**-7,984**
0
**-7,984**
**35,532**
**27,548**|**TOTAL**
**2023**
**£**
40,035
**40,035**
11,875
60
96
414
**12,445**
**27,590**
0
**27,590**
**7,942**
**35,532**| |---|---|---| Page 4 ## **THE BERGQVIST CHARITABLE TRUST** Statement of Assets and Liabilities at December 31 2024 **----- Start of picture text -----**
NOTE 2024 2023
£ £
Cash Funds
CAFCash Account 27,548 35,532
Investment Assets
Credit Suisse Portfolio 317525 2,390,630 2,210,969
2,390,630 2,210,969
Total Assets 3 2,418,178 2,246,501
Liabilities
Independent Examiners Fee 425 410
Bookkeeping and accounts preparation 95 90
520 500
Approved by the trustees:
Signature
Name Mrs P A Bergqvist
Position Chairman
Date 4th August 2025
Page 5
**----- End of picture text -----**
## **THE BERGQVIST CHARITABLE TRUST** Notes to the Accounts for the Year Ended December 31 2024. ## 1 **Accounting Policies** These accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011. ## 2 **Payments to trustees** The trustees receive no remuneration, direct or indirect benefits from the charity. ## 3 **Payments to Related Parties** There are no other payments to related parties. ## 4 **Funds** The charity has no Restricted Funds. ## 5 **Investments** The investments are stated at market value on 31 December 2024. A transfer of £40,000 of income and gains was made to the Charitable Trust Management fees of £23,101 were charged to the portfolio in the period January 2024 to December 2024, (2023: £20,863) Total net outflows £62,719. The cumulative rates of return (after outflows) 11.10% (2023: 13.30%.) Bank interest on the Cafcash Account was paid gross at 0.2%, for this and the previous financial year. Page 6