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← The Lois Cumbers Charitable Foundation

2025-07-04-accounts

Trustees’ Annual Report for the period

From 05/07/2024 To 04/07/2025

Charity name: The Lois Cumbers Charitable Foundation Charity registration number: 1058148

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To hold the capital and income upon trust to
apply the income and all or such parts of the
capital at such time or times and in such a
manner to or for the benefit of such
exclusively charitable objects and purposes
in any part of the world as the Trustees may
in their absolute discretion think fit.
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 provide grants.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 In determining the charity’s activities, the
trustees have had regard to the Charity
Commission’s guidance 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

SORP reference
Summary of the main
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.		 Para 1.20 During the year under review the charity
made grants to the following charities
totalling £32,098.
•
The Childrens Society
•
The Maritime Heritage Trust

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

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 In addition to the free reserves the charity
has bank balances of £25,732 (2024:
£21,885)
and
investments
valued
at
£618,759 within the expendable endowment
fund which can be released to support the
activities of the charity.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The Trustees pursue a policy of maintaining
a free reserve available to be spent in the
furtherance of the charity’s objectives as
well as covering future needs, opportunities,
contingencies and risks.
Amount of reserves held Para 1.22 At the end of the reporting period the charity
had free reserves of £13,962 (2024:
£19,279).
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 No funds in deficit
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 N/A
Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant 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

Description of charity’s
trusts:
Type of governing document Para 1.25 Trust deed dated 04 July 1996
How is the charity
constituted?		 Para 1.25 Trust
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or bodyentitled		 Para 1.25 Trustees are appointed by the trustees from
time to time.
to appoint one or more
trustees
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 was paid £5,561
(2024: £4,501) for trust administration and
cash management fees during the year
under review. These fees are authorised
under clause 14 of the trust deed.
Other

Reference and Administrative details

Charity name The Lois Cumbers Charitable Foundation
Other name the charity uses
Registered charity number 1058148
Charity’s principal address Ludlow Trust Co Ltd
Tower Wharf
Cheese Lane
BRISTOL
BS2 0JJ

Names of the charity trustees who manage the charity

1
2
3		 Trustee name
Ludlow Trust
CompanyLimited

 Office (if any) Office (if any) Dates acted if not for whole
**year **		 Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
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 25/10/2024)
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 25/10/2024)

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		 N/A
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects		 N/A
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets		 N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address
Investment Managers NatWest 2nd Floor, Trinity Quay II, Avon Street,
PO Box 3138, Bristol, BS2 2DH
Bankers NatWest 2nd Floor, Trinity Quay II, Avon Street,
PO Box 3138, Bristol, BS2 2DH
Accountants Charter Tax Consulting
Limited		 8th Floor, 1 Southampton Street, London
WC2R 0LR
Independent Examiner Katie Wilson Blue Spire Limited, Cawley Priory, South
Pallant, Chichester, PO19 1SY

Name of chief executive or names of senior staff members (Optional information)

~~Cd~~

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) Full name(s) Chris Thurlow Position (eg Secretary, On behalf of Ludlow Trust Chair, etc) ~~—e~~ Company Ltd (Trustee) ~~e—~~ Date 06 March 2026 ~~|~~

The Lois Cumbers Charitable Foundation The Lois Cumbers Charitable Foundation The Lois Cumbers Charitable Foundation 1058148
Receipts andpayments accounts
For the period
from		 05/07/2024
Period start date		 To 04/07/2025
Period end date

CC16a

Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds
Last year
to the nearest £
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
Income from investments
11,953
-
-
11,953
18,077
Interest received
1,431
-
-
1,431
1,350
-
-
-
-
-
Sub total(Gross income for
AR)13,384
-
-
13,384
19,427
~~———=—~~
A2 Asset and investment sales,
(see table).
Sale of investments
-
-
264,343
264,343
582,966
-
-
-
-
-
~~Sub total~~-
-
264,343
264,343
582,966
Total receipts 13,384
-
264,343
277,727
602,393
~~SSS515~~
A3 Payments
Grants Awarded
32,098
-
-
32,098
30,927
Investment Manager Fees
-
-
2,914
2,914
2,748
Trust Administration Fees
5,508
-
-
5,508
4,455
Cash Management Charges
52
-
-
52
46
AccountancyFee
600
-
-
600
-
Independent Examiners fee
180
-
-
180
-
-
-
-
-
-
Sub total 38,438
-
2,914
41,352
38,176
~~=—=====~~
A4 Asset and investment
purchases, (see table)
Investmentpurchases
-
-
237,845
237,845
577,017
-
-
-
-
Sub total -
-
237,845
237,845
577,017
Total payments
38,438
-
240,759
279,197
615,193
~~——_—————————~~
Net of receipts/(payments)
- 25,054
- 23,584
- 1,470
- 12,800
A5 Transfers between funds
19,737
- 19,737
-
-
A6 Cash funds last year end
19,279
21,885
41,164
53,964
Cash funds this year end
13,962
- 25,732
39,694
41,164
~~SSS=~~

CCXX R1 accounts (SS)

06/03/2026

1

Section B Statement of assets and liabilities at the end of the period

Unrestricted
Restricted		 Endowment
Categories Details funds
funds		 funds
to nearest £
to nearest £		 to nearest £
B1 Cash funds -
-
25,732
13,962
-
-
-
-
-
13,962
-
25,732
Capital account
Income account
Total cash funds
~~Se=~~
(agree balances with receipts and payments (agree balances with receipts and payments
account(s)) OK
OK		 OK
Unrestricted
Restricted		 Endowment
funds
funds		 funds
Details to nearest £
to nearest £		 to nearest £
B2 Other monetary assets -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
~~—__~~
Details Fund to which
asset belongs
Cost (optional)		 Current value
(optional)
B3 Investment assets Endowment
-
618,759
-
-
-
-
-
-
-
-
Investment portfolio
~~===>~~
Details Fund to which
asset belongs
Cost (optional)		 Current value
(optional)
B4 Assets retained for the
charity’s own use		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
~~ql~~
Fund to which
Amount due		 When due
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
CCXX R2 accounts (SS)		 liability relates
(optional)
(optional)
-
-
-
-
Date of
approval
Print Name
Chris Thurlow on behalf of Ludlow
Trust CompanyLtd(Trustee)
Signature
Details
2
06/03/2026
06 March 2026
~~—~~

Independent Examiner's Report to the Trustees of The Lois Cumbers Charitable Foundation

I report to the charity trustees on my examination of the accounts of the charity for the year ended 04 July 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

06 March 2026 Date