## **Trustees' Annual Report for the period**
||Period start date|Period start date|||Period end date|Period end date||
|---|---|---|---|---|---|---|---|
||Day|Month|Year||Day|Month|Year|
|**From**|01|April|2021|**To**|31|March|2022|
## Section A Reference and administration details
**Charity name** The Patricia Routledge Foundation
**Other names charity is known by** The Patricia Routledge Charitable Trust (previous name)
**Registered charity number (if any)** 1077862
|**Charity's principal address**|
Trustee Department|
Trustee Department|
|---|---|---|
||1stFloor, Tower Wharf||
||Cheese Lane, Bristol||
||**Postcode**|BS2 0JJ|
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Dame K P
Routledge||||
||Rev Canon T D
Nason||||
||Mrs S W Simmons||From 17 June 2021||
||Mr M A Sims||From 17 June 2021||
||Coutts & Co||To 06 April 2021||
||Ludlow Trust
CompanyLimited||From 06 April 2021||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
**TAR**
March **2012**
1
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
|**Investment Managers**|Coutts & Co|440 The Strand, London, WC2R 0QS|
|**Solicitors**|TLT LLP|One Redcliffe Street, Bristol, BS1 6TP|
|**Independent Examiner**|Geoffrey Frost|Blue Spire Limited, Cawley Priory, South Pallant,
Chichester, West Sussex, PO19 1SY|
## **Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Trust deed dated 31 March 1999 as amended by deed dated 24/09/1999 Type of governing document as amended by scheme dated 05/06/2012 and as amended by deeds (eg. trust deed, constitution) dated 13/11/2013 and 13/09/2021 Trust
Type of governing document
How the charity is constituted
- (eg. trust, association, company)
Trustees are appointed by the founder during her lifetime and subject to Trustee selection methods this by the trustees.
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
The objects of the charity are to further such objects or purposes which are exclusively charitable according to the law of England and Wales as the trustees shall think fit.
**TAR**
March **2012**
2
In furtherance of the charity’s objects for the public benefit the trustees provides grants. In determining the charity’s activities the trustees have had regard to the Charity Commission’s guidance on public benefit.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
**Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
**TAR**
March **2012**
3
Section D Achievements and performance
**Summary of the main** During the year under review the charity made grants totalling £235,925 **achievements of the charity** as disclosed in the notes. **during the year**
**TAR**
March **2012**
4
## **Section E Financial review**
## **Brief statement of the**
**charity’s policy on reserves**
At the end of the reporting period the charity had free reserves amounting to £1,757 (2021: £10,416).
In addition to the free reserves the charity has bank balances of £400,309 (2021: £454,951) and investment assets of £3,194,847 within the expendable endowment fund.
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.
## **Details of any funds materially in deficit**
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
## **Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)**[Katherine Forder ] On behalf of Ludlow Trust Company Limited **Position (eg Secretary, Chair, etc) Date** 31 October 2022
**TAR**
March **2012**
5
|**Charity Name**|**No (if any)**|||
|---|---|---|---|
|**The Patricia Routledge Foundation**|**1077862**|||
|**Receipts andpayments accounts**|||**CC16a**|
|**For the period**
**from**
Period start date
01 April 2021|**To**
Period end date
31 March 2022|||
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**-**
**-**
**48,175**
**120**
**-**
**-**
**-**
**-**
**48,295**
**-**
**-**
**-**
**48,295**
**235,925**
**-**
**780**
**16,306**
**300**
**-**
**-**
**-**
**-**
**253,311**
**-**
**-**
**-**
**253,311**
**(205,016)**
**196,357**
**10,416**
**1,757**|**Restricted funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**100,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**100,000**
**2,278,815**
**-**
**2,278,815**
**2,378,815**
**-**
**13,358**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**13,358**
**2,223,742**
**-**
**2,223,742**
**2,237,100**
**141,715**
**(196,357)**
**454,951**
**400,309**|**Total funds**
**to the nearest £**
**100,000**
**-**
**48,175**
**120**
**-**
**-**
**-**
**-**
**148,295**
**2,278,815**
**-**
**2,278,815**
**2,427,110**
**235,925**
**13,358**
**780**
**16,306**
**300**
**-**
**-**
**-**
**-**
**266,669**
**2,223,742**
**-**
**2,223,742**
**2,490,411**
**(63,301)**|**Total funds**
**to the nearest £**
**100,000**
**-**
**48,175**
**120**
**-**
**-**
**-**
**-**
**148,295**
**2,278,815**
**-**
**2,278,815**
**2,427,110**
**235,925**
**13,358**
**780**
**16,306**
**300**
**-**
**-**
**-**
**-**
**266,669**
**2,223,742**
**-**
**2,223,742**
**2,490,411**
**(63,301)**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
|Donations|**-**|||||**696,588**|
|Gift aid|**-**|||||**52,500**|
|Investment income|**48,175**|||||**38,191**|
|Income from bank interest|**120**|||||**24**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**48,295**|||||**787,303**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
|Sale of investments|**-**|||||**1,669,411**|
||**-**|||||**-**|
|**_Sub total_**|**-**|||||**1,669,411**|
|**_Total receipts_ **
**A3 Payments**|||||||
|||||||**2,456,714**|
||||||||
|Grants awarded|**235,925**|||||**179,600**|
|Inv mgmt and admin|**-**|||||**32,977**|
|Independent examination|**780**|||||**740**|
|Administrative services|**16,306**|||||**-**|
|Legal fees|**300**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**253,311**|||||**213,317**|
||||||||
|**A4 Asset and investment**
**purchases, (see table)**|||||||
|Investmentpurchases|**-**|||||**2,288,354**|
||**-**||||||
|**_Sub total_ **|**-**|||||**2,288,354**|
|**_Total payments_ **
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_ **|||||||
|||||||**2,501,671**|
||||||||
||**(205,016)**|**-**|**141,715**|**(63,301)**||**(44,957)**|
||**196,357**|**-**|**(196,357)**|**-**||**-**|
||**10,416**|**-**|**454,951**|**465,367**||**510,324**|
||**1,757**|**-**|**400,309**|**402,066**||**465,367**|
CCXX R6 accounts (SS)
6
|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Endowment**
**funds**
**to nearest £**
**400,309**
**-**
**-**
**-**
**-**
**-**
**400,309**
OK
**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
3,194,847
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
31 October 2022|
|---|---|---|---|
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**|(agree balances with receipts and payments
account(s))
Capital account
Income account 2
Reserve account 2
**_Total cash funds_**
Income account
Reserve account
Capital account 2
**Details**
**Details**
Investments
**Details**
**Details**
Investment management
Independent examination
Administrative services
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**1,757**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**1,757**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
Endowment
-
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
Endowment
**3,812**
Unrestricted
**780**
Unrestricted
**5,463**
**-**
**-**
Print Name
Katherine Forder
On behalf of Ludlow Trust Company
Limited||
|||Katherine Forder
On behalf of Ludlow Trust Company
Limited|31 October 2|
CCXX R7 accounts (SS)
7
## **Section C Notes to the Accounts**
**C1 Nature and purpose of funds** _(may be stated on analysis of funds worksheets)_
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.
|**C2 Grants to institutions**|**Recipient - 1**|**payment unless annotated**|**payment unless annotated**|||**£**||
|---|---|---|---|---|---|---|---|
|4Sight Vision Support|||2,000|_Brought down_|||130,925|
|Action for M.E|||2,000|||||
|Actors Benevolent Fund|||3,000|Motor Neurone Disease Association|||2,000|
|Age Concern Wirral|||4,000|Muscular Dystrophy UK|||2,000|
|Age UK West Sussex|||5,000|North West Air Ambulance|||2,000|
|Alzheimer's Society|||3,000|Operation Smile UK|||1,000|
|Amber Trust|||3,000|Queen Elizabeth's Foundation for Disabled People|||2,000|
|Association of English Singers and|Speakers||5,000|Red Balloon Learner Centre|||4,000|
|Asthma Relief|||2,000|Re-Engage Ltd|||2,000|
|Awards for Young Musicians|||3,000|Royal Commonwealth Society for the Blind (Sightsavers)|||1,000|
|Beatrix Potter Society|||2,000|Royal National Lifeboat Institution|||3,000|
|Become Charity|||2,500|Royal Osteoporosis Society|||2,000|
|Birkenhead School|||100|RSPB|||2,000|
|Birmingham Royal Ballet|||2,000|Stroke Association|||2,000|
|Bristol Old Vic Theatre School Limited|||5,000|Samaritans of Bognor Regis, Chichester & District|||3,000|
|British Epilepsy Association|||2,000|Shannon Trust|||2,000|
|British Wireless for the Blind Fund|||2,000|Sistema England|||2,000|
|Campaign For National Parks|||2,000|SongBird Survival|||500|
|Carers UK|||4,000|St Richards Hospice Foundation|||3,000|
|Cheltenham Festival|||825|St Wilfrid's Hospice|||5,000|
|Chichester Festival Theatre|||4,000|St. Barnabas Hospices (Sussex) Ltd|2||6,000|
|Chichester Symphony Orchestra|||2,000|Stonepillow|||3,000|
|Child Bereavement UK|||2,500|Sussex Community Foundation|2||3,500|
|Children on the Edge|||1,000|The Aldingbourne Trust|||3,000|
|Church Army|||5,000|The Bach Choir|||1,000|
|Claire House Children's Hospice|||4,000|The Brain Tumour Charity|||2,000|
|Contact 88|||3,000|The Connection at St Martin-in-the-Fields|||3,000|
|Coram Beanstalk|||2,000|The ExtraCare Charitable Trust|||3,000|
|Crisis UK|||2,000|The Friends of Chichester Hospitals|||2,000|
|Deafblind UK|||2,000|The Macular Disease Society|2||4,000|
|Dementia Support|||4,000|The National Literacy Trust|||3,000|
|Disaster Emergency Committee (Ukraine Appeal)|||10,000|The Royal British Legion|||4,000|
|Freedom From Torture|||4,000|The Sussex Snowdrop Trust|||3,000|
|Guide Dogs For The Blind Association||2|6,000|The Woodland Trust|||3,000|
|Headway - The Brain Injury Association|||2,000|Three Choirs Festival|||2,000|
|Ironbridge Gorge Museum Trust|||1,000|Treloar Trust|||2,000|
|Kent, Surrey & Sussex Air Ambulance Trust||2|5,000|UK Harvest Limited|||2,000|
|Kidney Research UK|||4,000|Variety the Children's Charity|||4,000|
|KidsOut UK|||2,000|Victim Support|||3,000|
|London Symphony Orchestra|||2,000|Winston's Wish|||3,000|
|Marie Curie Cancer Care|||4,000|Your Park Bristol & Bath|||2,000|
|Missing People Limited||2|5,000|Zane: Zimbabwe A National Emergency|||3,000|
|_Carried down_|||130,925||||235,925|
**C3 Related party transactions** No trustee received any remuneration nor reimbursed any expenses in the year under review.
During the year under review Coutts & Co, a trustee of the charity to April 2021, were paid fees for the provision of administration and investment management services amounting to £2,415 until retirement. Ludlow Trust Company Limited was appointed trustee from April 2021 and was paid fees of £16,306 between appointment and the year end. These fees are authorised under clause 5.2 of the trust deed.
CCXX R8 accounts (SS)
8
## **Independent Examiner's Report to the Trustees of The Patricia Routledge Foundation**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2022 as set out on pages 6 to 8.
## **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.
31 October 2022
Geoffrey Frost BSc(Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
9