The John Coldman Charitsble Trust Annual Report and Accounts 1" April 2022 to 31" March 2023 Legal and Admlnlstrative The John Coldman Charitable Trust is govemed by Trust Deed dated 16th October 1995, registered with the Charity Commission for England and Wale8 on 26th October 1995 under registration number 1050110. Financial records are kept using the simple 'receipts and payments, method. Payroll seNice8 are provided by Cadence Accounting, Stalion Road East, Oxted, Surrey. RH8 OQE. The principal address for the Ghanty is Lockskinners Famihou8e, Lockskinners, Chiddingstone, Edenbridge, KENT, TN8 7NA. Trustses and Governance Trustees that served during the period were David John Coldman. OBE and Nicola Anne Coldman. The authority of appointing new TnteeS is vested in the Séttlor, David John Coldman. OBE. Objects and Operations Having regard to the Charity Commission's guidance on public benefit. the objects of The John Coldman Charitable Trust are to pay. apply or appropriate the income and the whole or any part of capital of the Trust Fund for such purposes or objects which are from time to tima recognised as exdusNely charitable. according to the law of England and Wales. as the Trustees in their absolute discretion may think fit. To thFs end, during the reporiing perKxI. th8 Trustees have made several donab'ons to charilabje organisations providing essential funding to enabb them to carry on their work. The Trust also operates Holcot as a self<atering group holiday centre specffically for groups of disabled andlor othenvise disadvantaged children and young persons, enabling them to spend time working and playi tcoether in a countyside seth'ng and at minimal cost. Financial . The Trust do not currently distribute all the resour in the Trust b
Grant-makin Poli To support local and other projects with SFeofic consKleratK)n king given to projects involving young people, the under-privikged and communth'es in need, as well as medical research and needs (both in the Unrted Kingdom and overseas). The Trustees do not apply geographical or financial restrictions on who Mht benefft. Risk Mana ement The Trustees maintain various insurances arKI rely on the underwnting of Trust assets and activrties from other resources in the Trust to mitigate potential risks. This policy is reviewed on an annual basis. Investment Poli The a886ts ntrOlled by the Trustees comprise cash held at bank, a CAF cash account and the freehold property known as Holcot, 34 Spile Bank, Hilders Lane, Edenbridge, KENT, TN8 6LQ. Advice is obtained from time to t1. a8 and when necessary, on the assets from Managers and Olher appropriate professionals. The Trustees adopt a low-risk investrnent strategy and income is accumulated until u8ed for reinvestment, distribution, or other purposes. The Trustees maintain liquidity to enable them to make distributions in accordance wrth the Grant-making Policy. The Trustees also need to retain liquidty to anticipated shortfall between incorne recewed and liabilities incurred in relation to the running of Holcot. There are no geographical or ethical investtnent o)nstraints that fetter the Trustees, Investment Policy. setR -evaluation As part of a review of insurances. a professional realuatIOn was undertaken of Holcot in October 2022 at which time the total rebuild cost was assessed to be £1,677.078. Related Pa Transactions During the year the Trustees avrarded £5k to African Promise. John and Nicola's son (Charles Coldman) is the Founder and Director of African Promise and Nicola Coldman is also a Trustee. The Trustees declare that they have approved the Trustees. Report nature Date DavKI John Coldman, OBE lo13
The John Coldman Charitable Trust UILILL Omé Ae6Mé ért uré 1st April 2022 to 31° March 2023 BIF from prevlous year CAF Account Nat WestlHolcot Account Petty Cash 68,575.87 3,100.10 200. 71,875.97 71,875.97 Income Accommodatlon Fees Bank Interest (CAF Acc) Frlends of Holcot HMRC- Repaid VAT Mlscellaneous Idamagesl UtSlltles Refund (Water) 8,610.(KI 91.62 16.754.01 4,354.29 68.98 529.44 30,408.34 30 408.34 102,284.31 Expendlture Bank Char8es {CAF Acc) Chubb (fire safetvl Donations Electrical Installation Works & Certthcation Insurance (incl re•evaluationl Maintenance/Renovat•ons Miscellaneous Professional Fees/Accountants Rentokil (pest control) Sevenoaks Dlstrict Councll Staffing Utilitie5 75.50 $89.08 24,51XI.INJ 816.20 2,682.24 5,483.24 68.98 1,692.00 736.13 2,429.44 13,262.1X) 5 577.12 57.911.93 57 911.93 £44.372.38' Cash In Hand CAF Account 43,731.99
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusto981 The John cldman Charitable Tnjst On accounts for th• year ended 31 March 2023 Charlty no (rf any) 1050110 S•t out on pag 14 I report to the ttee8 on my examination of the accourts of the above charity (Ihe Twst.) for ts year ended 31103r2023. Re•pon8lbllld6s •nd As the charity trustees Df thè Trust, you arn re8pon8ibl8 for the preparatlon bas of réport of the accounts in accordan with the requlrements of the Charits'a$ Act 2011 fthe W. I rwt in respect of my ex8minatK>n of the Trust's accounts carried out under section 145 of ts 2011 Act and in carrying out my examination. I have followed the applicable DirectlorB glven by the Charity Commisslon under section 145(5){b) of the Ad. I have compknted my examlnation. I confinn that no materlal matters have c(Th to my attention In (x)nneth'on with the examinats'on which gives me to believe that in, any materlal resFxct'. accounting records not kept in accordance 88th.on 130 of theAdor . the accounts do n(rt acc¢xd *ith the acCnI1j records I no conearrro wd have Gome a(fos8 ottler matters in connection wilh the examknalion to which attention should be drwi in order to enable a Indopondent oxamlne¢s statefflant Slgnfjd: 2lklo+ Namo: C+?rHaR1 Fft4ffj4 £luThJSornJ flrr LEXEL 2 CEKTFIc5YE ITr1 6cx)KtEffirlS Rel•vant professlonal quallficatlon(s) or body (Ilany): Addre88: IblfiTr5, 1 5fiL EtE(N'6fi1 Section B Disclosure Only coMt rf èxwniner needs to highlight mattets of Goncem (see CC32, Independent eramination of dja accounts: dirnGtions and guidan for examiners). IER Octobor 2018