Stephen Hill The Eleanor Creeke Charitable Settlement FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Stephen Hill Mid Kent Ltd Charteltd Act(nIts
The Eleanor Creeke Charitable Selllemeiit TRUSTEES, REPORT The Trustees present iheir r¢pori and the financial (Iccounls for the ve. ended 5 April 2024. STATUS AN[) ADMIXIS'I RATION The Scttlcmcnt w.as inauguratcd bi a dccd of Scttlement dated 7 Octobei 1996: t"ollowing direLtions contained tn the W'ill ot.the lale Mrs %arah F.leanor Creeke. 'hO died on 14 DecL'inber 1995. The Founder of Ihe Settlelnenl i¥'as Miss J M Creeke, who is ejiliiled to appoint new "I rusiees. By her Will Mrs SE Creeke allocaied £JOO.000: the Lapital and income froin which was to be used for charitable PUTposes, at ihe discretion of her Trustees. The Trustees conduct no Irading. "I"he .1 rust is a registered Charity (Charity. N'umber K05917i). The Trustees appotnted under the Will of Mrs S E Creeke & subsequentlj appointed. & who have served during the veat w'ere: Julia Mary. Creeke TimoihN Norman Bratnham Lisier FCA Clare Lucinda Christine Muir i ichael Yoiin Anihon). Charles Bramham Lister Chairperson SeL[et<j & Treasurer OBJECTIVES 'I'he settlement deed ot- the trusl giNes the Trusiees absolute power to distribute both the income and capital of thc trust for such charitable purposes as the).. in their absolutc discretion think fit. INVESTMENT POWERS & POLICY The inkesiment policy followed by the -I'rustees on ihe adN'ice of siockbrokers has been to iniicst in fixed interest stocks and good-Llass equities in order to gcncrate reasonable income and provide capital appreciation. ADVISORS:_ Siockbrokers Vejrneer PartncTS. 130 Jertni'n StreeL LondoTh Sll."l Y 4LFR. Banker8 Barclavs Bank Plc.. 19 High Streei: ASLOI. Bcrks. SL) 7JG Soli¢iiors N2sh & Co.. Beaumont Hou. BtrauJnont Park. Pl)'mouih. Devon PL4 9BD
The E5eanor Creeke Charitable Settlement
TRUSTEES, REPORT (continued)
REVIEII, FOR THE YEAR ENDED i APRIL 2024
'I'he tormal of the financial statements complies "1th Statemenl of Recommended Practice
"'ALLounting & Reporting by Charities, issued by the Charity Comiiiissioncrs as applicable to
small charities. The Receipts & Payments t.onn of Reporting M'as adopted by the Trustees of
Ihis S¢ttlemenl.
The Income of this Charity and Grants to other Charities are Sho% in the attached accounts
for ihe year ended 5 April 2024, and the Statement of Assets & Liabilities ai 5 April 2024
is attached.
The Trusiees, policy is prinLipall J. to use the income (and when they Lonsider it desirable
p.(S of thc capital) of the Trust Fund for charitablc purposes. The Trustccs mcct half yearly
10 revie. the ini'estments and to consider Charities hoM ihey wish to benefit & to donate
pri£es for charit
The Eleanor Creeke Charitable Settlement RECEIPTS & PA YMENTS ACCOUNT for the year ended 5 April 2024 2024 2023 Donations Received 5,572 Illestment Income: Arising from interest on tiovernment & Corpor<ile Stocks: Stockbrokers Inleresl And Dividends Toial Receipis 36 Expenditure in fiCranCe ot the objectives of this Charity'.- Donations to re(FiStered chariiies & ¢xpenses incurrcd in ratsing sponsorship to benetit charilies Manageineni & Administralions Cosls of this Charity: Invesimenl managemeni fees. expenses TLimbursed to Trustees & other administrativc costs 26.689 Total Expenditure Excess ot" ReLeipts over Expenditure Profitl(Loss) on sale of Shares Net Change in Funds
The Eleanor Cteeke Charitable Settlement Statement of Assets & Liabiliiies ai 5 A ril 2024 2024 2023 Cash Funds.'_ Cash at Bank Cash with Stockbrokers 33,209 7.242 49.614 15.978 40.4i I 65.592 Investment Assets Quoled Inveslment portt.olio Encluding tixed interest stoeks & equities (at cost) Market Value olPortfolio 660 773 640 620 2023: £822.343 2024: £785.607 Current A%sels & I,iabilities'. Trustees" & Examiner"s fccs and expenses 2.407
The EleaT]or Creeke Charitable Settlement INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES I report to Ihe trustees on my examination of the accounls of the above trust for the year th ended 5 April 2024, which are set out on thc attachcd shccls. RF.SPONSIBILITIF.S.4ND BASIS OTr" REPORT As the charity 8 trustees. }'ou 2re responsible for the preparation of the accounts in accordance wiih the requirements of the Charilies Acl ?01 l ("'the Aci ). I repoll in respect of my examination of the Trust, s accounts carried out undeT %ection 145 Ot. Ihe 201 l Act and in carrying out my exaininalion: I hae followed all the applic<ible Directions given by the Charit!, Commission undcr scction 145(5)(b) of the Act. IriDEPENDE.NT EXAMINER'S STATEMENT have completed my examination. I confInn that no material matters have come 10 m) atlention in connection with the examination w,hich giN'es me cause to believe that in, any material respect: the accounting records were not kept in accordance with scction 130 of the Charilies Ihe dCLouniS did not accord with the accounting records. or the accounts did not comply wilh the applicable requirements concemÈng the form and Lonlenl ol accounls set out in the Charities (Accounts Reports) Regulations 2008 other than an}, rcquircmcnt that the accounts giTre a 'true and fair, l¢W which is not a maiter considered as pall ot.an independent examination. I havc no concerns and have come across no other matters in connection with the examination t(J 'hICh attention 8hould be draiim in this report in order to enable a Proper UnderstdIng of the accounts io be reached. IDdependent Examiner Mrs KS Hardi, Lightw'ater Accountants Ltd 2 Quarrv Bank Lightw'ater Surrey GU18 iPE Date: rt IW Zx4zf