The Thriplow Charitsble Trust
Report and Accounts
5 April 2021
Charity Number 1025531

Trustees. Annual Report for the period
Period start date
Period end date
From
6 April 2020 To I.
Reference and administration details
April
2021
Charity name
The Thriplow Charitable Trust
Other names charity is known by
Registered charity numb•r (if any)
1025531
Charity's principal address
PO Box 225
Royston
Postcode
SG8 1BG
Names of the charity trustees who manage the charity
Name of person lor body)
entitled to appolnt trusteè
if an
Trustee name
Office lif any}
Dates aetsd if not for whole year
Professor Lord Robert Mair
Dr Harriet Elizabeth Walston
Crawford
Chairperson
Professor Dame Jean Olwen
Thomas
Professor David John
McKitterick
Professor Dame Caroline
Humphrey
10
12
13
14
15
16
17
18
19
20

Names of the trustees for the charity, if any, {tor example. any Gustodian trustses)
Nam8
Dates acted if not for whole
ear
Names and addresses of advisers (Optional infonnation)
e of advisor
Name
Address
Bankers
PO Box No 2, Bene't Street, Cambridge, CB2 3PZ
50 Stratton Park, London, W1X 6NX
Senator House. 85 Queen Victoria Street,
London. EC4V 4AB.
Barclays Bank PIC
Nabarro Nathanson
Solicitors
Investments
Quilter Cheviot
Name of chlef executive or names of senior staff members {Optional infonnationl
Catharine Walston - Secretary
Structure, governance and management
Description of the charity's trusts
Type of goveming document
Trust Deed dated 19 August 1993
How the charity is constitLrted
Trust
Trustee selection methods
Appointed by existing trustees and confirmed by a meeting of the
Trustees, the resolution is then signed by the Chairman of the Trustees.
Additional governance issues (Optional inlomiation)
You may choose to include
additional information, where
relevant, about..
Policies and procedures
adopted for the induction and
training of trustees.
The charity's organisational
structure and any wider
network with which the charity
works.
The Trustees of The Thriplow Charitable Trust are responsible for holding the
capital and income of the Trust Fund upon trust to apply the income and all or
such part or parts of the capital at such time or times and in such manner as the
Trustees may in their absoSute discretion think fil for or towards the charitable
objects and in accordance with the Trust Deed.
The Trustees actively review the major risks which the charity faces on a regular
basis and believe that maintaining reseNes at the levels slated will provide
sufficient reSoU￿S in the event of adverse conditions.
Relationship with any related
parties.
Trustees, consideration of
major risks and the system
and procedures to manage
them.

Ob"ectives and activities
Summary of the objects of the
charity set out in its
governing document
The object of The Thriplow Charitable Trust is the advancement of higher
and further education (whether in or in connection with universities,
university colleges, colleges and other places of leaming or otherwise)
and the promotion of research and the dissemination of the results of
such research.
Summary of the main
activities in relation to theso
objects
The Trustees meel regularly to consider and approve grants payable and
to ensure that the management is effective.
Additional details of objectives and activities (Optional inforniation)
You may choose to include
further statements, where
relevant, about..
The Trust does not ordinarily make grants to individuals.
Policy on grantmaking
Policy pragramme related
investment
Contribution made by
Volunteers
Achievements and performance
Summary of the main
achievements of the charity
during the year
The TNstees have continued in their objectives of the advancement of higher
and further education and the promotion of research by making 2 number of
grants lo suitsble applicants during the year. Applications for funds are received
by the Secretary and those which qualify for grants are submttted to the twice
yearly Trustee meetings. The income generated by the capital of the Trust is
used to fund these grants.
Financial review
Brief statement of the
charity's policy on reserves
The Trustees aim to maintain tree reserves Inon-interest bearing cash resetves
which are not held as inveslmentsl at a level which equates to approximately
three months expenditure. The trustees consider that this level will provide
sufficient funds to cover current activities in the short term should income from
the investments drop significantty for any reason. At the year end there were
more than sufficient unrestricted non-inlerest bearing cash reserves to cover this
amount.

Details of any funds materially
in deficit
Further financial review dotails (Optional inforniation)
You may choose to include
additional information. where
relevant about..
The charity's principal
sources of funds (including
any fundraising).
How expenditure has
supported the key objectives
of Ihe charity.
Inveslment policy and
objectives including any
ethical investment policy
adopted.
The secretary of the Trust is paid £1,800 quarterly {£7.200 p.a.).
The Trustees have wde investment powers and all the investments
made during the year fall within these powers. The portfolio of
investments is held in a custodian service provided and managed by
Quilter Cheviot.
Other optional information
Declaration
The trustees declare that they have approved the trustses, report above.
Signed on behalf of the charity's trustees
Signature{s)
Full name(s)
Position (eg secretary. chalr,
etc)
Professor Lord Robert Mair
Chair
erson
Date
2811012021

Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
The Thriplow Charitable Trust
On accounts for the year
ended
5 April 2021
Charity no
{if any)
1025531
Set out on pages
7and8
Respectlve The charitys trustees are responsible for the preparation of the accounts.
responsibilities of The charity's trustees consider that an audit is not required for this year
trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an
independent examination is needed.
It is my responsibility to..
examine the accounts under section 145 of the Charities Aot,
to follow the PrO￿d￿re8 laid down in the general Directions given by the
Charity Commission {under section 145{51{b} of the Charities Act, and
to state whether particular matters have come to my attention.
Basis of independent My examination was carried out in accordance with general Dirertions given
examIne￿S statement by the Charity Commission. An examination includes a review of the
accounting records kept by the charity and a comparison of the accounts
presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from the
trustees concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit. and
consequently no opinion is given as to whether the accounts present a true
and fair, view and the report is limited to those matters set out in the
statement below.
Independent In connection with my examination, no matter has come lo my attention
examinerfs statement 1. which gives me reasonable cause to believe that in, any material resped,
the requirements..
to keep accounting records in accordan￿ with section 130 of the
Charities AGt,' and
to prepare accounts which accord with the accounting records and
comply with the accounting requirements of the Charities Act
have not been met.. or
2. to which, in my opinion, attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Signed:
Date:
1711012(Jil
Name:
or Burdett King Accountancy Limited
Relevant professional
qualification{s} or body:
Chartered Certffied Accountant
Address:
8 The Hamiltons
Newmarket, CB8 ONF

Section B
Disclosure
Only complete if the examiner needs to highlight material problems.
Give here brief detalls of
any items that the
examinerwishes to
dlsclosa.

The Thri
low Charitable Trust
1025531
Receipts and payments accounts
CC16a
Forthe period
from
ril 2020
5 April 2021
Section A Receipts and payments
UnrestriGted
funds
tothe nearest É
Restricted
funds
Endowment
funds
to the nearest £
Total funds
Last yèar
tothe nearest £
tolhe ne•est £
tothe nearest £
A1 Receipts
DwKlends
121,506
121,506
140.120
Gloss Interest- Capital account
Gloss Interest- Income account
40
Gloss Interest- Barclays
10
Sub total
121.509
121,509
140.170
A2 Asset and investment sales,
etc.
1,955,637
1,955,637
255.407
2,077.146
2,077,146
395.577
A3 Payments
Secretarial expenses
Printing, wstage, stationery
Grants made
7,200
121
7,200
121
5,400
143
113.450
353
113.450
353
138.020
342
Royal Mail PO Box fee
Accountancy
Bank charges
Investment management fee5
Computer hardwaFe and software
850
850
850
67
67
18,716
71
18,716
71
19.028
22
Sub total
140,828
140,828
163.889
A4 Asset and investment
purchases. et¢.
1,769,360
1,769,360
190,323
Total payments
1.910.187
1,910.187
354.212
Net of re¢eipts/(paymentsJ
A5 Transfers betvRen funds
A6 Cash funds last year end
Cash funds thls year end
166,959
11.473)
114,549
280.035
166,959
11.473)
114,549
280,035
41.365
156,7261
129.910
114.549

Section B Statement of assets and liabilities at the end of the period
Unrestricted
funds
Restricted
funds
to nearest £
Endowment
funds
to nearest £
Categories
Details
to nearest £
B1 Cash funds
Barclays Bank plc
23,216
Citigroup Quilter- Capital
account
Citigroup Quilter- Income
account
255,279
1,540
Total cash funds
280,035
Unrestricted
funds
to r￿TeSt £
Restricted
funds
to nearest £
Endowment
funds
to nEaresr£
Details
Funttto which
as￿ belon
Current value
Detailg
Citigroup Quilter portfolio
Cost loptlona
B3 Investment assets
Unrestricted
3.458,766
6,288,612
F￿d to which
asset belon
Current value
ional
Details
Cost loptionall
B4 Assets retained for the
charity's own use
Fund to which
rddtes
When
ional
Details
tional
B5 Liabilities
Sign8d by one or trustees on bèhalf
of al the trustees
Signature
Print Name
Date of
rova
Profèssor Lord Robert Mair
2811012021