|**Miss Patricia Ann Herbert Charitable Trust**|**Miss Patricia Ann Herbert Charitable Trust**|**Miss Patricia Ann Herbert Charitable Trust**|**Miss Patricia Ann Herbert Charitable Trust**|**Miss Patricia Ann Herbert Charitable Trust**|**1078897**|**1078897**|||| |---|---|---|---|---|---|---|---|---|---| |**Receipts andpayments accounts**|||||||||**CC16a**| |**For the period**
**from**
~~**e**e~~||Period start date
07.01.2023|Period end date
**To**
06.05.2024
~~e~~||||||| |**Section A Receipts and payments**|||||||||| |**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 Receipts**|||||||||| |Income from investments
**47,567**||**-**||**-**||**47,567**|||**20,377**| |Interest received
**1,933**||**-**||**-**||**1,933**|||**412**| |Addition to trust
**-**||**-**||**-**||**-**|||**3,633**| |**-**||**-**||**-**||**-**|||| |**-**||**-**||**-**||**-**|||**-**| |**-**||**-**||**-**||**-**|||**-**| |**-**||**-**||**-**||**-**|||**-**| |**-**||**-**||**-**||**-**|||**-**| _**Sub total** (Gross income for_ **49,500 -** _AR)_ |**_Sub total_**_(Gross income for_|_(Gross income for_||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |_(Gross income for_
_AR)_|_(Gross income for_
_AR)_|**49,500**||**-**||**-**||**49,500**||**24,422**|| |**A2 Asset and investment sales,**
**(see table).**
Sale of investments
**-**
**-**
**1,022,375**
**1,022,375**
**982,577**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**1,022,375**
**1,022,375**
**982,577**
**_Total receipts_**
**49,500**
**-**
**1,022,375**
**1,071,875**
**1,006,999**
~~S555~~|||||||||||| |**A3 Payments**|||||||||||| |Grants awarded||**80,000**||**-**||**-**||**80,000**||**32,000**|| |Investment manager fees (VAT inclusive)|||||||||||| |||**-**||**-**||**8,869**||**8,869**||**6,560**|| |Trust administration fees (VAT inclusive)|||||||||||| |||**11,086**||**-**||**-**||**11,086**||**5,957**|| |Accountancyfees||**600**||**-**||**-**||**600**||**780**|| |Cash management fee||**66**||**-**||**-**||**66**|||| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |**_Sub total_ **||**91,752**||**-**||**8,869**||**100,621**||**45,297**|| |**A4 Asset and investment**
**purchases, (see table)**
Investmentpurchases
**-**
**-**
**971,773**
**971,773**
**966,940**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**971,773**
**971,773**
**966,940**
**_Total payments_**
**91,752**
**-**
**980,642**
**1,072,394**
**1,012,237**
~~——————~~|||||||||||| |**_Net of receipts/(payments)_**
**- 42,252**
**-**
**41,733**
**- 519**
**- 5,238**
**A5 Transfers between funds**
**73,947**
**- 73,947**
**-**
**-**
**A6 Cash funds last year end**
**17,952**
**42,832**
**60,784**
**66,022**
**_Cash funds this year end_**
**49,647**
**-**
**10,618**
**60,265**
**60,784**
~~===>>~~|||||||||||| CCXX R1 accounts (SS) 18/02/2025 1 |**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**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
Investment portoflio
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Capital account
Income account
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**49,647**
**-**
**-**
**-**
**49,647**
**-**
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)**
**-**
**-**
**-**
**-**
Print Name
Chris Thurlow on behalf of Ludlow
Trust CompanyLimited|**Endowment**
**funds**
**to nearest £**| ||||**10,618**| ||||**-**| ||||**-**| ||||**10,618**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**1,317,158**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Chris Thurlow on behalf of Ludlow
Trust CompanyLimited|| ||Chris Thurlow (Feb 26, 2025 16:13 GMT)||| ||||| CCXX R2 accounts (SS) 18/02/2025 2 ## **Trustees’ Annual Report for the period** ## **From 07 January 2023 To 06 May 2024** ## **Charity name: Miss Patricia Ann Herbert Charitable Trust Charity registration number: 1078897** ## **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 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 and in such manner
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
following charities:
Marie Currie Cancer Care
British Red Cross
Livability
IFAW
WWF
Sightsavers International
Enterprise Neptune
National Trust
Elimination of Leukaemia
Cancer Research UK
Royal Star & Garter Home
Stroke Association
Action on HearingLoss| |||Blind Veterans UK
MIND
The Woodland Trust
Arthritis Care
Y Care International
UNICEF
Alzheimer’s Society
Alzheimer’s Research UK| |---|---|---| |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 Para 1.38 investment 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 period under review the charity
made grant awards to 10 charities of £8,000
each.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| Investment performance against objectives Para 1.41 Other ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the reporting period the charity
had free reserves of £49,646 (2023:
£17,952).
In addition to the free reserves the charity
has bank balances of £10,618 (2023:
£42,832)
and
investments
valued
at
£1,317,158
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.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|| |Amount of reserves held|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the|Para 1.23|| charity continuing as a going concern |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**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||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Trust deed dated 6 January 1999| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|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 Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|Miss Patricia Ann Herbert Charitable trust| |---|---| |Other name the charity uses|| |Registered charity number|1078897| |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
6
7
8
9
10
11
12
13
14
15|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Ludlow Trust
CompanyLimited|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| 16 17 18 19 20 – Corporate trustees names of the directors at the date the report was approved **Director name** 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 Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **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| |**Bankers**|Coutts & Co|440 The Strand, London, WC2R 0QS| |**Accountants**|KJF Accounting Limited|17 Sheringham Avenue, Southgate,
London, N14 4UB| |||| **Name of chief executive or names of senior staff members (Optional information)** ## **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.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Chris Thurlow (Feb 26, 2025 16:13 GMT)
Full name(s) Chris Thurlow on behalf of Ludlow
Trust Company Limited
Position (eg Secretary,
Chair, etc)
Date
26/02/25
**----- End of picture text -----**
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent ExamineVs Report Report to the trusteesl members of Miss Patricia Ann Herbert Charitable Trust On accounts for the year ended 6th May 2024 Charity no (if any) 1078897 Set out on pages 1 to2 -,￿TrI-L*ti lo 'r" .Lde lye oage nu-. Ibers Qi ¢ddi'.,'oiial She￿ts1 I report to the trustees on my examination of the accounts of the above charity ('the Trust") for the year ended 6th May 2024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 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: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: Name: Mr Keith Felton Relevant professional qualification(s) or body (if any).. ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts". directions and guidance for examiners). IER October 2018 Glve here brief detalls of any items that the examiner wishes to disclose. IER October 2018 ## 2025-02-26PAHerbertCT-Accounts Final Audit Report 2025-02-26 Created: 2025-02-26 By: Marta Kurpickaja (marta.kurpickaja@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAnT2JEhqAaK-55GOmw_ZWNRdLA5lNSM40 ## "2025-02-26PAHerbertCT-Accounts" History Document created by Marta Kurpickaja (marta.kurpickaja@ludlowtrust.com) 2025-02-26 - 11:12:23 AM GMT Document emailed to Chris Thurlow (chris.thurlow@ludlowtrust.com) for signature 2025-02-26 - 11:12:27 AM GMT - Email viewed by Chris Thurlow (chris.thurlow@ludlowtrust.com) 2025-02-26 - 4:13:13 PM GMT - Document e-signed by Chris Thurlow (chris.thurlow@ludlowtrust.com) Signature Date: 2025-02-26 - 4:13:32 PM GMT - Time Source: server ## Agreement completed. 2025-02-26 - 4:13:32 PM GMT