## **Trustees’ Annual Report for the period**
## **From 06 April 2024 To 05 April 2025**
## **Charity name: Mrs Alice Lilian Nash Will Trust Charity registration number: 1043563**
## **Objectives and Activities**
|**Objectives and Activities**|**Objectives and Activities**|**Objectives and Activities**|
|---|---|---|
|SORP reference|||
|Summary of the purposes of
the charity as set out in its
governing document
Para 1.17
The Trustees shall hold the capital and
income of the Trust Fund upon trust to apply
the income for the purpose of providing
permanent
accommodation
and
maintenance and/ or holidays for the poor
ladies of London and ladies of gentle birth
who having fallen on evil days. At the
Committees discretion to direct a purchase
out of capital of the foundation of a hostel to
be known as “The Lillian Eveleigh Nash
Rest
Home”
for
the
purpose
of
accommodating such persons selected by
the said Committee and to direct the
utilisation of any of the income to arise from
the foundation to cover the upkeep of the
said hostel.|||
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
In furtherance of the charity’s objects for the
public benefit the trustees provides grants in
accordance with the Will. In determining the
charity’s activities the trustees have had
regard
to
the
Charity
Commission’s
guidance on public benefit.|||
|Statement confirming
whether the trustees have
had regard to the guidance|Para 1.18|In determining the charity’s activities, the
trustees have had regard to the Charity
Commission’s guidance on public benefit.|
issued by the Charity Commission on public benefit
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other
## **Achievements and Performance**
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SORP reference
Summary of the main Para 1.20 During the year under review the charity
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|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**|
|---|---|---|
|SORP reference|||
|Summary of the main|Para 1.20|During the year under review the charity|
|achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.||made no grant payments.|
## **Additional information (optional)**
You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other
## **Financial Review**
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Review of the charity’s Para 1.21 At the end of the reporting period the charity
financial position at the end had free reserves of £128,774 (2024:
£100,437).
of the period
In addition to the free reserves the charity
has bank balances of £7,565 (2024:
£29,716) and investments valued at
£868,630 within the expendable endowment
fund.
Statement explaining the Para 1.22 The Trustees pursue a policy of maintaining
policy for holding reserves a free reserve available to be spent in the
furtherance of the charity’s objectives as
stating why they are held
well as covering future needs, opportunities,
contingencies and risks.
Amount of reserves held Para 1.22
Reasons for holding zero Para 1.22
reserves
Details of fund materially in Para 1.24
deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a going
concern
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|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)
Para 1.47|||
|Investment policy and
objectives including any
social investment policy
adopted
Para 1.46|||
|A description of the principal
risks facing the charity
Para 1.46|||
|Other||Expendable endowment funds are those
which are required to be invested to produce
income but which may be transferred to
unrestricted funds at the discretion of the
trustees in order that they may be expended
in furtherance of the charity’s objectives.
Unrestricted income funds are available for
use at the discretion of the trustees in
furtherance of the general objectives of the
charity and which have not been designated
for other purposes.|
## **Structure, Governance and Management**
|**Structure, Governance and Management**|**Structure, Governance and Management**|**Structure, Governance and Management**|
|---|---|---|
|Description of charity’s
trusts:|||
|Type of governing document
(trust deed, royal charter)
Para 1.25
Trust deed dated 2ndMay 1957|||
|How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25
Trust|||
|Trustee selection methods
including details of any
constitutionalprovisions e.g.|Para 1.25|Trustees are appointed by the trustees.|
election to post or name of any person or body entitled to appoint one or more trustees
## **Additional information (optional)**
You may choose to include further statements where relevant about: Policies and procedures Para 1.51 adopted for the induction and training of trustees The charity’s organisational Para 1.51 structure and any wider network with which the charity works
|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|
|---|---|---|
|Policies and procedures
adopted for the induction
and training of trustees
Para 1.51|||
|The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51|||
|Relationship with any related
parties
Para 1.51
No trustee received any remuneration or
was reimbursed any expenses in the year
under review.
Ludlow Trust Company Limited was paid
£3,458
(2024:
£4,252)
for
trust
administration services during the year
under review. These fees are authorized
within the Trust Deed.|||
|Other|||
## **Reference and Administrative details**
|**Reference and Administrative details**|**Reference and Administrative details**|
|---|---|
|Charity name
Mrs Alice Lilian Nash Will Trust||
|Other name the charity uses||
|Registered charity number
1043563||
|Charity’s principal address|Trustees Department
1stFloor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ|
## **Names of the charity trustees who manage the charity**
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Ludlow Trust
1
Company Limited
2
3
4
5
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– Corporate trustees names of the directors at the date the report was approved
|**Director name**|||
|---|---|---|
|Gary St John Collins|||
|Walter Duncan Coxon|||
|Ali Reza Sarikhani|||
|Ziba Christina Sakine
Sarikhani|||
|Christopher Ian Thurlow|||
|Matthew John Wickers|||
|John Stephen Dennis|(resigned 25/10/24)||
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
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Type of adviser Name Address
Investment Managers NatWest 2 [nd] Floor, Trinity Quay II, Avon Street,
Bristol, BS2 2DH
Bankers NatWest 2 [nd] Floor, Trinity Quay II, Avon Street,
Bristol, BS2 2DH
Accountants Charter Tax Consulting 8th Floor, 1 Southampton St, London
Ltd WC2R 0LR
Independent Examiner Katie Wilson Blue Spire Limited, Cawley Priory, South
Pallant, Chichester, PO19 1SY
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## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
**Declarations The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s)** ~~cic~~ **Full name(s)** Chris Thurlow **Position (eg Secretary,** On behalf of Ludlow Trust **Chair, etc)** Company Limited (Trustee) **Date** 02 February 2026
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|||||||||
|---|---|---|---|---|---|---|---|
|Mrs Alice Lilian Nash Will Trust|1043563|
|Receipts and payments accounts|CC16a|
|For the period|Period start date|Period end date|
|To|
|=e|from|06.04.2024|05.04.2025|
|Section A Receipts and payments|
|Unrestricted|Restricted|Endowment|
|Total funds|Last year|
|funds|funds|funds|
|to the nearest £|to the nearest £|to the nearest £|to the nearest £|to the nearest £|
|A1 Receipts|
|Income from investments|23,600|-|-|23,600|22,279|
|Interest received|5,365|-|-|5,365|2,704|
|-|-|-|-|-|
|-|-|-|-|-|
|-|-|-|-|-|
|-|-|-|-|-|
|-|-|-|-|-|
|-|-|-|-|-|
|Sub total|(Gross income for|
|AR)|[ 28,965 ]|-|-|28,965|24,983|
|A2 Asset and investment sales,|
|(see table).|
|Sale of investments|-|-|570,369|570,369|629,898|
|-|-|-|-|-|
|Sub total|-|-|570,369|570,369|629,898|
|Total receipts|28,965|-|570,369|599,334|654,881|
|—_——|——|
|A3 Payments|
|Investment manager fees (including VAT)|-|-|3,838|3,838|3,560|
|Trust administration fees (including VAT)|3,252|-|-|3,252|4,099|
|Cash management fees|206|-|-|206|153|
|-|-|-|-|-|
|-|-|-|-|-|
|-|-|-|-|-|
|-|-|-|-|-|
|Sub total|[ 3,458 ]|-|3,838|7,296|7,812|
|==|====|
|A4 Asset and investment|
|purchases, (see table)|
|Investment purchases|-|-|585,852|585,852|599,125|
|-|-|-|-|
|Sub total|[ - ]|-|585,852|585,852|599,125|
|SS|Total payments|3,458|-|589,690|S|593,148|606,937|
|Net of receipts/(payments)|25,507|- - 19,321|6,186|47,944|
|A5 Transfers between funds|2,830|- 2,830|-|-|
|A6 Cash funds last year end|100,437|-|29,716|130,153|82,209|
|Cash funds this year end|==|128,774|-|7,565|=>|136,339|130,153|
|=>|
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CCXX R1 accounts (SS)
30/01/2026
1
## **Section B Statement of assets and liabilities at the end of the period**
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||||||
|---|---|---|---|---|
|Unrestricted|Restricted|Endowment|
|Categories|Details|funds|funds|funds|
|to nearest £|to nearest £|to nearest £|
|B1 Cash funds|Capital account|-|-|7,565|
|Income account|
|128,774|-|-|
|-|-|-|
|Total cash funds|128,774|-|7,565|
|Se|
|(agree balances with receipts and payments|
|account(s))|OK|OK|OK|
|5|
|Unrestricted|Restricted|Endowment|
|funds|funds|funds|
|Details|to nearest £|to nearest £|to nearest £|
|B2 Other monetary assets|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|—_—|
|Fund to which|Current value|
|Details|asset belongs|Cost (optional)|(optional)|
|B3 Investment assets|Investment Portfolio|Endowment|-|868,630|
|-|-|
|-|-|
|-|-|
|-|-|
|=|S=|
|Fund to which|Current value|
|Details|asset belongs|Cost (optional)|(optional)|
|B4 Assets retained for the|-|-|
|charity’s own use|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|a|
|Fund to which|Amount due|When due|
|Details|liability relates|(optional)|(optional)|
|B5 Liabilities|-|
|-|
|-|
|-|
|-|
|Signed by one or two trustees on|Date of|
|behalf of all the trustees|Signature|Print Name|approval|
|Chris Thurlow on behalf of Ludlow|02 February 2026|
|Trust Company Limited (Trustee)|
|_|
|CCXX R2 accounts (SS)|2|30/01/2026|
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## **Independent Examiner's Report to the Trustees of Mrs Alice Lilian Nash Will Trust**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 5[th] April 2025
## **Responsibilities and basis of report**
As the charity’s 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 charity’s accounts carried out under section 145 of the 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 examiner'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 charity 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 other 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.
Katie Wilson FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
Date 02 February 2026