## **Trustees’ Annual Report for the period** **From 07 May 2024 To 06 May 2025** **Charity name: Miss Patricia Ann Herbert’s 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 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 period under review the charity
made grant awards to 5 charities of £13,763
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|In addition to the free reserves the charity
has bank balances of £10,315 (2024:
£10,618)
and
investments
valued
at
£1,313,653
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|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 £29,407 (2024:
£49,647).| |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)**
Youmay choose toincludefurtherstatementswhererelevant 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|| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document|Para 1.25|Trust deed dated 6 January 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
£9,935 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 Patricia Ann Herbert’s Charitable trust| |---|---| |Other name the charity uses|None| |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**||| |---|---|---| |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** Coutts & Co 440 The Strand, London, WC2R 0QS **Bankers** Coutts & Co 440 The Strand, London, WC2R 0QS **Accountants** Charter Tax Consulting 8th Floor, 1 Southampton St, London Limited 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)** ~~===~~ **Exemptions from disclosure** Reason for non-disclosure of key personnel details ~~OC~~ **Other optional information** ~~Ce~~ ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Chris Thurlow **Position (eg Secretary,** on behalf of Ludlow Trust **Chair, etc)** Company Limited (Trustee) **Date** 03 March 2026 |||**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|**CC16a**
07.05.2024
06.05.2025
**1078897**
**Miss Patricia Ann Herbert's Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~——————ae~~|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |**Section A Receipts and payments**|**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 £**|||**to the nearest £**|| |**A1 Receipts**|||||||||||||| |Income from investments||**33,227**||**-**||**-**|**-**||**33**|**33,227**||**47,567**|| |Interest received||**3,004**||**-**||**-**|**-**||**3**|**3,004**||**1,933**|| |||**-**||**-**||**-**|**-**||**-**|**-**||**-**|| |||**-**||**-**||**-**|**-**||**-**|**-**||**-**|| |||**-**||**-**||**-**|**-**||**-**|**-**||**-**|| |||**-**||**-**||**-**|**-**||**-**|**-**||**-**|| |||**-**||**-**||**-**|**-**||**-**|**-**||**-**|| |||**-**||**-**||**-**|**-**||**-**|**-**||**-**|| |**_Sub total_**_(Gross income for_
_AR)_||_(Gross income for_
_AR)_
**36,231**||**-**||**-**|**-**||**36,231**|**36,231**||**49,500**|| |**A2 Asset and investment sales,**
**(see table).**
Sale of investments
**-**
**-**
**866,129**
**866,129**
**1,022,375**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**866,129**
**866,129**
**1,022,375**
**_Total receipts_**
**36,231**
**-**
**866,129**
**902,360**
**1,071,875**
~~————~~|||||||||||||| |**A3 Payments**|||||||||||||| |Grants awarded||**68,815**||**-**||**-**|**-**||**68**|**68,815**||**80,000**|| |Investment manager fees (VAT inclusive)|||||||||||||| |||**-**||**-**||**6**|**6,367**||**6**|**6,367**||**8,869**|| |Trust administration fees (VAT inclusive)|||||||||||||| |||**9,842**||**-**||**-**|**-**||**9**|**9,842**||**11,086**|| |Accountancyfees||**600**||**-**||**-**|**-**||**600**|**600**||**600**|| |Cash management fee||**93**||**-**||**-**|**-**||**93**|**93**||**66**|| |IE fee||**180**||**-**||**-**|**-**||**180**|**180**||**-**|| |||**-**||**-**||**-**|**-**||**-**|**-**||**-**|| |||**-**||**-**||**-**|**-**||**-**|**-**||**-**|| |||**-**||**-**||**-**|**-**||**-**|**-**||**-**|| |**_Sub total_ **||**79,530**||**-**||**6,367**|**6,367**||**85,897**|**85,897**||**100,621**|| |**A4 Asset and investment**
**purchases, (see table)**
Investmentpurchases
**-**
**-**
**837,006**
**837,006**
**971,773**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**837,006**
**837,006**
**971,773**
**_Total payments_**
**79,530**
**-**
**843,373**
**922,903**
**1,072,394**
~~————~~|||||||||||||| |**_Net of receipts/(payments)_**||**- 43,299**|**- 43,299**|**-**|**-**|**22,756**|**22,756**|**22,756**|**- 20,543**|**- 20,543**|**- 20,543**|**- 519**|**- 519**| |**A5 Transfers between funds**||**23,059**|**23,059**|||**- 23,059**|**- 23,059**||**-**|**-**|**-**|**-**|**-**| |**A6 Cash funds last year end**|**A6 Cash funds last year end**|**49,647**|**49,647**|||**10,618**|**10,618**||**60,265**|**60,265**||**60,784**|**60,784**| |**_Cash funds this year end_**|**_Cash funds this year end_**|**29,407**|**29,407**|**-**|**-**|**10,315**|**10,315**|**10,315**|**39,722**|**39,722**|**39,722**|**60,265**|**60,265**| 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**|**-**
**-**
**10,315**
**29,407**
**-**
**-**
**-**
**-**
**-**
**29,407**
**-**
**10,315**
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**
**-**
**1,313,653**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Investment portoflio
~~se~~||||| ||**Details**||**Fund to which**
**asset belongs**
**Cost (optional)**|**Current value**
**(optional)**|| |**B4 Assets retained for the**
**charity’s own use**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~eee~~||||| ||||**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
Chris Thurlow on behalf of Ludlow
Trust CompanyLimited(Trustee)
Signature
2
03/03/2026
03 March 2026
~~—=~~||||| ## **Independent Examiner's Report to the Trustees of Miss Patricia Ann Herberts Charitable Trust** I report to the charity trustees on my examination of the accounts of the charity for the year ended 6[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. 03 March 2026 Katie Wilson FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY