Pease Charitable Trust
Report and Financial Statements
Year ending 5[th] April,2024
Charity Number 1067254
Reference and Administra�ve Informa�on
Trustees
Nichola Pease
Carolyn Varley
Richard Pease
Grant Contact and Address
Carolyn Varley, 11 Campden Grove, London W8 4JG
Charity Number 1067254
.
Structure, Governance and Management
The trust is a registered charity, number 1067254, and is cons�tuted under a Trust Deed dated 24[th] November 1997. The trust was established from an ini�al gi� from Sir Richard Pease and a subsequent gi� in his Will.
New trustees are appointed by exis�ng trustees for an ini�al period of 5 years, a�er which they put themselves forward for reappointment. There will be a minimum of 2 Trustees.
All trustees give of them �me freely and there is no remunera�on.
Risk Analysis
The trustees have considered the major risks to which the charity is exposed and have established systems and procedures to manage those risks.
primary risk.
The primary objec�ve is to help the youth and those of old age in the UK but the trustees are free to make excep�ons. The trustees confirm that they have referred to the guidance contained in the Charity’s Commission’s general guidance on public benefit when reviewing the Trust’s aims and objec�ves and in planning future ac�vi�es and se�ng the grant making policy for the year.
Grant making policy
young and old in the UK.
The criteria that the trustees consider when making grants are the objec�ves, achievements, financial viability, and size of the charity.
Achievements and Performance
The grants awarded in the financial year to 5/4/24 ranged from £1,000 to £10,000 and totalled £26,500
The range of objec�ves covered chari�es dealt with the following:
Mental Health (2) Prisoner Rehabilita�on (1) A�er school Youth group (1) Community care farm for vulnerable members of society (1)
Financial Review
The total assets increased from £4,081,373 as at 05/04/2023 to £4,492,283 as at 05/04/2024. The investments provided income of £133,492 and dona�ons/grants totalled £26,500. The value of the investments rose by £303,892.
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of PEASE CHARITABLE TRUST On accounts for the year ended TH 5 APRIL 2024 Charity no lif any) 1067254 Set out on pages Trustees Report - pages 1- 2 CC16a- pages 1-2 I report to the trustees on my examination of the accounts of the above charity ( the Trust") for the year ended 0510412024. Responslbllltles and ba818 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 Trust's accounts carried out und8r section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Direction8 given by the Charity Commission under section 145(5)(b) of the Act. Independent The charity's gross income exceeded £25,000 and l am qualified to examlner'B statement undertake the examination by being a qualified member of Institute of Chartered Accountants of England and Wales. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with sectlon 130 of the Charities Act., or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. 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. Signed: Date: 10.12.2024 Name: Andrew Peter Charles Fox Relevant professional qualification(s> or body (if any): FCA- ICAEW IER Oct 2018
Address: George Hay & Company (Westminster) LLP 83 Cambridge Street, Pimlico, London SW1V4PS Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts., directions and guidance for examiners), Glve here brief detalls of any Items that the examlner wishes to dl8Glose. None IER Oct 2018
Pease Charitable Trust Report and Financlal Statements th Year endlng 5 April,2024 Charlty Number 1067254 Reference and Administratlve Informatlon Trustees Nichola Pease Carolyn Varley Richard Pease Grant Contact and Address Carolyn Varley, 11 Campden Grove, London W8 4JG Charlty Number 1067254 Structure, Governance and Management The trust is a registered charity, number 1067254, and is constituted under a Trust Deed dated 24 November 1997. The trust was established from an initial 8ift from Sir Richard Pease and a subsequent gift in his Will. th New trustee5 are appointed by existin8 trustees for an initial perlod of 5 years, after whlch they put themselves forward for reappointment. There wlll be a mlnimum of 2 Trustees. All trustees give of them time freely and there Is no remuneration. Rlsk Analysls The trustees have considered the major risks to which the charity is exposed and have established systems and procedures to manage those risks. The trustees consider long-term investment performance failin8 to match inflat5on as the charity's primary risk. Objectlves and actlvitles for the publlc beneflt The primary objective is to help the youth and those of old age in the UK but the trustees are free to make exceptions. The trustees confirm that they have referred to the guidance contained in the Charity's Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and setknng the grant making policy for the year.
Grant making policy The Trust has established its grant making policy for the public benefit by improving the lives of the young and old in the UK. The criteria that the trustees consider when making grants are the objectives, achievements, linancial viability, and size of the charitv. Achievements and Performance The grants awarded in the financial year to 5/4/24 ranged from £1,000 to £10,000 and totalled £26,500 The range of objectives covered charlttes dealt with the following.. Mental Health121 Prisoner Rehabilitation111 After school Youth group111 Community care farm for vulnerable members of society111 Flnanclal Revlew The total assets increased from £4,081,373 as at 05/0412023 to £4,492,283 as at 0510412024. The investments provided income of £133,492 and donatlons/grant5 totalled £26,500, The value of the investments rose by £303,892,
CHARITY COMMISSION FOR ENGLAND AND WALES PEASE CHARITABLE TRUST Receipts and pa ments accounts CC16a For the period from 06.04.2023 05.04,2024 Section A Receipts and payments Unrostrlcted lund8 to the neargst Restrlctod funds Endowmant funds Total fund8 La$t yoar to the nearest £ to th• nearest £ to the near•8t £ to tho ng¥rgSt £ A1 Re¢01 ts Income from Invg¥lmen18 Bank Intere81 Other Income 133 492 133492 40,786 26 26 28 Sub total (Gross income for AR) 13J,J18 133,018 40,812 A2 A88et and Snve8tmont iales. 18ee tablg). Sub total Total recelpts 133,S18 133,518 40,812 A3 Pa ment8 Gr8nls l Expendlluri 26,500 105,000 Sub total 26.500 26,600 105,000 A4 Asset and Inve8trnent urchases, see table Sub total Total payments 26,500 28,500 105,000 Net of recelpts/{payment$) A5 Transfers between funds A6 Cash funds last year end Cash funds thls year end 107,018 107,018 64,188 107,018 107,018 64,188 CCXX R1 accounts ISSI 1011212024 JI2JLt
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to ngarest £ Restricted funds to noar85t £ Endowment funds to noarast £ Categories Delails 81 Cash fund8 Bank Account . . 8571 1,000 Total cash funds la9r¢e b8ianu• wllh recelpli ?nd payrneni¥ accountlill 1,000 Unre8trlcted fund8 to near•8t £ Restrlcted lunds lo noaio¥1 £ Endowment funds lo ngarest £ Detalls B2 Other monetary a888ts Fund to whlch 0••ot bglon Delalls Invojlmenl Funds Curr•nt ¥•lu• o tlon•l 4,491,283 Co•1 loptlonall B3 Inve8tm•nt a88et• Detalls Fund 19 whlch ••••t b•lon Co•1 loptlonall Current valuo o tlonal 84 A88et8 r•talned for tho charlty'j own u8e Fund to whlch relat•$ Detills Amount du• Ilonal When due tlonal 85 LlabSlltle8 Signed by One or two Iruslees on behalf ol all the ITUS18es Signature Print Name Date of roval Nichola Pease CCXX R2 accounts ISSI 1011212024
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of PEASE CHARITABLE TRUST On accounts for the year ended TH 5 APRIL 2024 Charity no lif any) 1067254 Set out on pages Trustees Report - pages 1- 2 CC16a- pages 1-2 I report to the trustees on my examination of the accounts of the above charity ( the Trust") for the year ended 0510412024. Responslbllltles and ba818 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 Trust's accounts carried out und8r section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Direction8 given by the Charity Commission under section 145(5)(b) of the Act. Independent The charity's gross income exceeded £25,000 and l am qualified to examlner'B statement undertake the examination by being a qualified member of Institute of Chartered Accountants of England and Wales. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with sectlon 130 of the Charities Act., or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. 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. Signed: Date: 10.12.2024 Name: Andrew Peter Charles Fox Relevant professional qualification(s> or body (if any): FCA- ICAEW IER Oct 2018
Address: George Hay & Company (Westminster) LLP 83 Cambridge Street, Pimlico, London SW1V4PS Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts., directions and guidance for examiners), Glve here brief detalls of any Items that the examlner wishes to dl8Glose. None IER Oct 2018
Pease Charitable Trust Report and Financlal Statements th Year endlng 5 April,2024 Charlty Number 1067254 Reference and Administratlve Informatlon Trustees Nichola Pease Carolyn Varley Richard Pease Grant Contact and Address Carolyn Varley, 11 Campden Grove, London W8 4JG Charlty Number 1067254 Structure, Governance and Management The trust is a registered charity, number 1067254, and is constituted under a Trust Deed dated 24 November 1997. The trust was established from an initial 8ift from Sir Richard Pease and a subsequent gift in his Will. th New trustee5 are appointed by existin8 trustees for an initial perlod of 5 years, after whlch they put themselves forward for reappointment. There wlll be a mlnimum of 2 Trustees. All trustees give of them time freely and there Is no remuneration. Rlsk Analysls The trustees have considered the major risks to which the charity is exposed and have established systems and procedures to manage those risks. The trustees consider long-term investment performance failin8 to match inflat5on as the charity's primary risk. Objectlves and actlvitles for the publlc beneflt The primary objective is to help the youth and those of old age in the UK but the trustees are free to make exceptions. The trustees confirm that they have referred to the guidance contained in the Charity's Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and setknng the grant making policy for the year.
Grant making policy The Trust has established its grant making policy for the public benefit by improving the lives of the young and old in the UK. The criteria that the trustees consider when making grants are the objectives, achievements, linancial viability, and size of the charitv. Achievements and Performance The grants awarded in the financial year to 5/4/24 ranged from £1,000 to £10,000 and totalled £26,500 The range of objectives covered charlttes dealt with the following.. Mental Health121 Prisoner Rehabilitation111 After school Youth group111 Community care farm for vulnerable members of society111 Flnanclal Revlew The total assets increased from £4,081,373 as at 05/0412023 to £4,492,283 as at 0510412024. The investments provided income of £133,492 and donatlons/grant5 totalled £26,500, The value of the investments rose by £303,892,
CHARITY COMMISSION FOR ENGLAND AND WALES PEASE CHARITABLE TRUST Receipts and pa ments accounts CC16a For the period from 06.04.2023 05.04,2024 Section A Receipts and payments Unrostrlcted lund8 to the neargst Restrlctod funds Endowmant funds Total fund8 La$t yoar to the nearest £ to th• nearest £ to the near•8t £ to tho ng¥rgSt £ A1 Re¢01 ts Income from Invg¥lmen18 Bank Intere81 Other Income 133 492 133492 40,786 26 26 28 Sub total (Gross income for AR) 13J,J18 133,018 40,812 A2 A88et and Snve8tmont iales. 18ee tablg). Sub total Total recelpts 133,S18 133,518 40,812 A3 Pa ment8 Gr8nls l Expendlluri 26,500 105,000 Sub total 26.500 26,600 105,000 A4 Asset and Inve8trnent urchases, see table Sub total Total payments 26,500 28,500 105,000 Net of recelpts/{payment$) A5 Transfers between funds A6 Cash funds last year end Cash funds thls year end 107,018 107,018 64,188 107,018 107,018 64,188 CCXX R1 accounts ISSI 1011212024 JI2JLt
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to ngarest £ Restricted funds to noar85t £ Endowment funds to noarast £ Categories Delails 81 Cash fund8 Bank Account . . 8571 1,000 Total cash funds la9r¢e b8ianu• wllh recelpli ?nd payrneni¥ accountlill 1,000 Unre8trlcted fund8 to near•8t £ Restrlcted lunds lo noaio¥1 £ Endowment funds lo ngarest £ Detalls B2 Other monetary a888ts Fund to whlch 0••ot bglon Delalls Invojlmenl Funds Curr•nt ¥•lu• o tlon•l 4,491,283 Co•1 loptlonall B3 Inve8tm•nt a88et• Detalls Fund 19 whlch ••••t b•lon Co•1 loptlonall Current valuo o tlonal 84 A88et8 r•talned for tho charlty'j own u8e Fund to whlch relat•$ Detills Amount du• Ilonal When due tlonal 85 LlabSlltle8 Signed by One or two Iruslees on behalf ol all the ITUS18es Signature Print Name Date of roval Nichola Pease CCXX R2 accounts ISSI 1011212024