OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Miss Edith Mary Sage Charitable Trust

2025-05-12-accounts

Trustees’ Annual Report for the period

From 13 May 2024 To 12 May 2025

Charity name: Miss Edith Mary Sage Charitable Trust Charity registration number: 1076849

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The Trustees shall hold the capital and
income of the Trust Fund upon trust to apply
the income and all or such part or parts of
the capital at such time or times and in such
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. The
Trustees will take into account the Letter of
Wishes which requests that consideration
be given to benefit the advancement of
animal welfare and the advancement of
environmental protection or improvement
Children in war zones.
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 provides grants in
accordance with the letter of wishes.
Statement confirming
whether the trustees have
had regard to the guidance
issued bythe Charity		 Para 1.18 In determining the charity’s activities the
trustees have had regard to the Charity
Commission’s guidance on public benefit.

Commission 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 charities below:
Emerge 3RS - £13,617
War Child - £13,617
Hope Rescue - £13,617

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 £46,676 (2024:
£5,665)
and
investments
valued
at
£758,646 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 £17,229 (2024:
£23,509).
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
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 12th May 1999
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 body entitled
to appoint one or more
trustees		 Para 1.25 Trustees are appointed by the existing
trustees.

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 or
was reimbursed any expenses in the year
under review.
Ludlow Trust Company Limited was paid
£7,017
(2024:
£5,684)
for
trust
administration
services
and
cash
management fees during the year under
review. These fees are authorized under
clause 14 of the will trust.
Other

Reference and Administrative details

Charity name Miss Edith Mary Sage Charitable Trust
Other name the charity uses None
Registered charity number 1076849
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) 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 25/10/24)

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 2ndFloor, Trinity Quay II, Avon Street,
Bristol, BS2 2DH
Bankers NatWest 2ndFloor, Trinity Quay II, Avon Street,
Bristol, BS2 2DH
Accountants Charter Tax Consulting
Ltd		 8th Floor, 1 Southampton St, 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)

~~Cn~~

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. on behalf of the charity’s trustees Signature(s) ~~a~~ Full name(s) Chris Thurlow Position (eg Secretary, Chair, etc) ~~Be~~ on behalf of Ludlow Trust Company Limited (Trustee) ~~e~~ Date 03 March 2026 ~~|~~

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Miss Edith Mary Sage Charitable Trust 1076849 CHARITY cOMmttsstont Receipts and payments accounts CC16a For the period Period start date Period end date To from 13.05.2024 12.05.2025 ~~ee~~ Section A Receipts and payments Unrestricted Restricted Endowment Total funds Last year funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts

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 Receiptsptsts
Income from investments 16,171 - - 16,171 23,094
Interest received 1,479 - - 1,479 733
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)		 (Gross income for
AR)
17,650		 - - 17,650 23,827
A2 Asset and investment sales,
(see table).
Sale of investments
-
-
566,276
566,276
572,669
-
-
-
-
-
Sub total -
-
566,276
566,276
572,669
Total receipts
17,650
-
566,276
583,926
596,496
~~=SE65=~~
A3 Payments
Grants awarded 40,851 - - 40,851 39,297
Investment manager fees (including VAT)
- - 3,790 3,790 3,570
Trust administration fees (including VAT)
6,972 - - 6,972 5,659
Cash management fees 45 - - 45 25
- - - - -
- - - -
- - - - -
- - - - -
**Sub total ** 47,868 - 3,790 51,658 48,551
A4 Asset and investment
purchases, (see table)
Investmentpurchases
-
-
497,537
-
-
-
Sub total -
-
497,537
Total payments
47,868
-
501,327
Net of receipts/(payments)
- 30,218
-
64,949
A5 Transfers between funds
23,938
- 23,938
A6 Cash funds last year end
23,509
- 5,665
Cash funds this year end
17,229
-
46,676
~~———~~
~~SSS~~		 497,537
544,443
-
497,537
544,443
549,195
592,994
64,949
34,731
3,502
- 23,938
-
-
29,174
25,672
46,676
63,905
29,174
~~ESE~~

CCXX R1 accounts (SS)

03/03/2026

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 -
-
46,676
17,229
-
-
-
-
-
17,229
-
46,676
Capital account
Income account
Total cash funds
~~<=>~~
(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
-
758,646
-
-
-
-
-
-
-
-
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
Signature
Chris Thurlow on behalf of Ludlow
Trust CompanyLimited(Trustee)
2
03/03/2026
03 March 2026
~~a~~

Independent Examiner's Report to the Trustees of Miss Edith Mary Sage Charitable Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 12[th] May 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

03 March 2026 Date