The Thriplow Charitable Trust
Report and Accounts
5 April 2024
Charity Number 1025531

Trustees, Annual Report for the period
Period start date
'Tl Period end date
D¢'i
From
6 April 2023 To
Reference and administration details
April
2024
Charity name
The Thriplow Charitable Trust
Other names charity is known by
Registered charity number (if any)
1025531
Charity's principal address
PO Box 225
Royston
Postcode
SG81BG
Names of the charity trustees who manage the charity
Name of person {or body)
entltled to appolnt trustee
ifan
Trustee name
Offlce {If any)
Dates acted If not for whole year
Professor Lord Robert Mair
Chairperson
Dr Harriet Elizabeth Walston
Crawford
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, (for example, any custodian trustees)
Name
Dates acted if not for whole
ear
Names and addresses of advisers (Optional infomiation)
e of advisor
Name
Address
Bankers
Barclays Bank PIC
PO Box No 2. Bene't Street. Cambridge.CB2 3PZ
CAF Bank Ltd
25 Kings Hill Avenue, Kings Hill, West Malling, Kent.
ME19 4JQ
Solicitors
Nabarro Nathanson
50 Stratton Park, London. W1X 6NX
Senator House, 85 Queen Victoria Street,
London. EC4V 4AB.
Investments
Quilter Cheviot
Name of chief executive or names of senior staff rnembers (Optional infomiation
Catharine Walston - Secretary
Structure,
overnance and mana
ement
Description of the charity's trusts
Type of governing document
Trust Deed dated 19 August 1993
How the charity is constituted
leg trust. association, company,,
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 govarnanca i53ues (Optional information)
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 absolute discretion think fit 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 reserves at the levels stated will provide
sufficient resources 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 learning or otherwise)
and the promotion of research and the dissemination of the results of
such research.
Summary of the main
activities in relation to these
objects
The Trustees meet regularly to consider and approve grants payable and
to ensure that the management is effective.
Additional details of objectives and activities (Optional information)
You may choose to include
further statements, where
relevant, about:
Policy on grantmaking
Policy programme related
investment
The Trust does not ordinarily make grants to individuals.
Contribution made by
Volunteers
Achievements and performance
Summary of the main
achievements of the charity
durlng the year
The Trustees have continued in their objectives of the advancement of higher
and further education and the promotion of research by making a number of
grants to suitable applicants during the year. Applications for funds are received
by the Secretary and those which qualify for grants are submitted 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 free reserves (non-interest-bearing cash reserves
which are not held as investments) 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 significantly for any reason. At the year end there were
more than sufficient unrestricted non-interest-bearing cash reserves to cover this
amount.

Details of any funds materially
in deficit
Further financial review details (Optional information)
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 the charity.
Investment policy and
objectives including any
ethical investment policy
adopted.
The secretary of the Trust is paid £1,900 quarterly (£7,600 p.a.).
There are 3 payments included in the accounts for the YE 514124 as the
final payment for the period 1 January 2024 - 31 March 2024 was paid
on 11 April 2024.
The Trustees have wide 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 trustses declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signature(s)
Full name(s)
Position (eg secretary, chair,
etG
Professor Lord Robert Mair
Chair
erson
Date

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 2024
Charity no
(if any)
1025531
Set out on pages
7and8
Respective The charity's 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 Act,
to follow the procedures laid down in the general Directions given by the
Charity Commission (under section 145(5)(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 Directions given
examiner's statement by the Charily 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 to my attention
examiner's statement 1. which gives me reasonable cause to believe that in, any material respect,
the requirements..
to keep accounting records in accordance with section 130 of the
Charities Act,. 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:
2710912024
Name:
L King for
urdett King Accountancy Limited
Relevant professional
qualification(s) or body:
Chartered Certified Accountant
Address:
8 The Hamiltons
Newmarket. CB8 ONF

Section B
Disclosure
Only complete if the examiner needs to highlight material problems.
Give here brief details of
any items that the
examiner wishes to
disclose.

The Thri
low Charltable Trust
1025531
Receipts and payments accounts
CC16a
For the period
from
6 April 2023
To
5 April 2024
Section A Receipts and payments
Unrestricted
funds
to the nearest £
Restricted
funds
to the n•arest £
Endowment
funds
to the nèarest £
Total funds
Last year
to the nearest £
to the nearest £
A1 Recelpts
Dividends
173,777
173,777
149,763
Gross Interest - Capital account
Gross Interest- Income account
Gross Interest- Barclays
163
163
11
Sub total
173,940
173,940
149.774
A2 Asset and Investment 8ale8.
etc.
1,268,190
1,268,190
1,669,376
Total receipts
1,442,130
1,442,130
1,819,150
A3 Payments
Secretarial expenses
Printing, postage, stationery
Grants made
5,700
81
5.700
81
9,324
22
165,000
396
165,000
396
181.455
378
Royal Mail PO Box fee
Accountancy
Bank charges
Investment management fees
Computer hardware and sofvare
850
850
850
60
60
121
19,641
1.063
19,641
1,063
19,914
72
Sub total
192,791
192,791
212,136
A4 Asset and Investment
purchase5, Otc.
1,246,836
1,246,836
1,609.278
Total payments
1,439,627
1,439,627
1,821,415
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
2,503
2,503
(2,265)
51,517
71,184
120,436
120,436
122,939
120,436
122,939

Section B Statement of assets and liabilities at the end of the period
Unrestricted
funds
to ngarost £
Restricted
funds
to nearest £
Endowment
funds
to nearest £
Categories
Details
B1 Cash funds
Barclays Bank plc
CAF Account
92,893
Citigroup Quilter- Capital
account
Citigroup Quilter- Income
account
29,103
Total cash funds
122,939
OK
Unrestrlcted
funds
to nearest £
OK
Endowment
funds
to nearest £
Restrlcted
funds
to noarost £
Details
Fund to whlch
agsat bolon
Details
Citigroup Quilter portfolio
Cost {optlonal)
Curr•nt valu•
lonal
83 Investment assets
Unrestrlcted
6,076,101
6,941,949
Fund to whl¢h
ass•t belon
Currnnt value
tional
Details
Cost (optlonall
B4 Assets retalned for the
charity's own use
Fund to whlch
relate5
Amount duè
lonal
When due
ional
Details
B5 Liabilitles
Signed by one or Iwo trustees on
behalf of all the trustees
Date of
roval
Signature
Print Name
Professor Lord Robert Mair