Trustees’ Annual Report for the period
From 02 July 2024 To 1 July 2025
Charity name: The A.M. Perry Charitable Foundation Charity registration number: 1059073
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the charity are to hold the capital and income for charitable purposes and to make donations to such charitable institution or institutions and in such manner as the settlor may direct. In the absence of such direction the trustees may apply the income for such charitable institution or institutions at such time or times and in such manner 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 in accordance with the letter of wishes. |
| 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 including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| 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 the following grant payments: - War Child - £9,330 - Crisis UK - £9,330 - Depaul UK - £9,330 - Turing Trust - £4,650 - The Washing Machine project Foundation - £4,650 |
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 £38,695 (2024: £25,994) and investments valued at £706,730 within the expendable endowment fund. |
| 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 £16,017 (2024: £21,915). |
| 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: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Expendable endowment funds are those which are required to be invested to produce Other 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 date 01 July 1996 |
| How is the charity constituted? |
Para 1.25 | Trust deed |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed by the settlor. |
Additional information (optional)
You may choose to include further statements where relevant 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 nor reimbursed any expenses in the year under review. During the year Ludlow Trust Company were paid fees for trust administration services and cash management fees of £6,434 (2024: £5,204). These fees are authorised under clause 14 of the trust deed. |
| Other |
Reference and Administrative details
| Charity name | The A.M Perry Charitable Foundation |
|---|---|
| Other name the charity uses | None |
| Registered charity number | 1059073 |
| Charity’s principal address | Trustees Department 1stFloor, Tower Wharf, Cheese Lane, Bristol, BS2 0JJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 |
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(if any) |
|---|---|---|---|---|---|---|
| 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) |
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 Bank Plc 440 The Strand, London, WC2R 0QS Bankers NatWest Bank Plc 440 The Strand, London, WC2R 0QS Accountants Charter Tax Consulting 8th Floor, 1 Southampton St, London Limited WC2R 0LR Independent examiner James O’Rourke Blue Spire Limited, Cawley Priory, South Pallant, Chichester, PO19 1SY Name of chief executive or names of senior staff members (Optional information) ~~———~~ Exemptions from disclosure Reason for non-disclosure of key personnel details
~~BC~~ Other optional information ~~CO~~
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) Company Limited (Trustee) Date 10 March 2026
The A.M. Perry Charitable Foundation 1059073 Receipts and payments accounts CC16a For the period Period start date Period end date To from 02.07.2024 01.07.2025 ~~ee -~~
Section A Receipts and payments
| Unrestricted funds |
Unrestricted | Restricted funds |
Endowment funds |
Total funds | Last year | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | ||||||||||
| Income from investments | 14,129 | - | - | 14,129 | 21,019 | |||||
| Income from interest | 1,624 | - | - | 1,624 | 1,167 | |||||
| - | - | - | - | - | - | |||||
| - | - | - | - | - | - | |||||
| - | - | - | - | - | - | |||||
| - | - | - | - | - | - | |||||
| - | - | - | - | - | - | |||||
| - | - | - | - | - | - |
| Sub total(Gross income for AR) |
AR) | 15,753 | - | - | 15,753 | 22,186 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| A2 Asset and investment sales, (see table). Sale of investments - - 315,659 315,659 686,955 - - - - - Sub total - - 315,659 315,659 686,955 Total receipts 15,753 - 315,659 331,412 709,141 ~~————_—~~ |
|||||||||||
| A3 Payments | |||||||||||
| Charitable Payments | 37,290 | - | - | 37,290 | 17,527 | ||||||
| Investment Management fees (incl VAT) | |||||||||||
| - | - | 3,437 | 3,437 | 3,185 | |||||||
| Trust Administration fees(incl VAT) | 6,381 | - | - | 6,381 | 5,157 | ||||||
| Cash management fee | 53 | - | - | 53 | 47 | ||||||
| IE fee | 180 | - | - | 180 | - | ||||||
| Accountancyfee | 600 | - | - | 600 | - | ||||||
| - | - | - | - | ||||||||
| - | - | - | - | - | |||||||
| - | - | - | - | - | |||||||
| **Sub total ** | 44,504 | - | 3,437 | 47,941 | 25,916 | ||||||
| A4 Asset and investment purchases, (see table) Purchases of investments - - 276,668 276,668 670,268 - - - - Sub total - - 276,668 276,668 670,268 Total payments 44,504 - 280,105 324,609 696,184 ~~——_—==~~ |
|||||||||||
| Net of receipts/(payments) | - 28,751 | - 28,751 | - | - | 35,554 | 35,554 | 6,803 | 6,803 | 12,957 | 12,957 | |
| A5 Transfers between funds | 22,853 | 853 | - - 22 | - - 22 | - - 22,853 | - | - | - | |||
| A6 Cash funds last year end | 21,915 | 21,915 | - 25,994 | - 25,994 | - 25,994 | 47,909 | 34,952 | 34,952 | |||
| Cash funds this year end | 16,017 | 16,017 | - | - | 38,695 | 38,695 | 54,712 | 47,909 | 47,909 |
CCXX R1 accounts (SS)
10/03/2026
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 | - - 38,695 16,017 - - - - - 16,017 - 38,695 Capital cash Income cash Total cash funds ~~<=>~~ |
|||||
| (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 - 706,730 - - - - - - - - Investment portfolio ~~——=—~~ |
|||||
| Details | Fund to which asset belongs Cost (optional) |
Current value (optional) |
||||
| B4 Assets retained for the charity’s own use |
- - - - - - - - - - - - - - - - - - ~~qa~~ |
|||||
| Fund to which Amount due |
When due | |||||
| Details | liability relates (optional) |
(optional) | ||||
| Signed by one or two trustees on behalf of all the trustees B5 Liabilities CCXX R2 accounts (SS) |
- - - - - Date of approval Print Name Chris Thurlow on behalf of Ludlow Trust CompanyLimited(Trustee) Signature 2 10/03/2026 10 March 2026 ~~a~~ |
Independent Examiner's Report to the Trustees of The A.M Perry Charitable Foundation
I report to the charity trustees on my examination of the accounts of the charity for the year ended 1 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:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
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.
10 March 2026 James O’Rourke FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY