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THE CAMELIA TRUST
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
5™ APRIL 2025
CHARITY NUMBER: 1081074
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## THE CAMELIA TRUST ## INDEX ## PAGE 1 -2 3 ## Trustees Annual Report Independent Examiner’s Report to The Trustees ## Receipts and Payments Account Financial Position as at 5 April 2025 4 6 ## THE CAMELIA TRUST CHARITY NO. 1081074 **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |TRUSTEES’ ANNUAL REPORT — YEAR TO 5™|APRIL|2025| |LEGAL & ADMINISTRATIVE INFORMATION| |Charity Name|The|Camelia|Trust| |Charity Number|1081074| |Registered Address|Fosse View House, West Lane, Kemble,|Cirencester,|Gloucester| |Governing Document|Declaration of Trust dated 22 February 2000| |Charity Trustees’|Mrs|Jennifer A Sykes, Dr Prudence J|Gillett, Michael Taxman and|Sarah| |Advisers|Eden-Heyes.Investment Managers and|Stockbrokers:|Redmayne Bentley LLP| |3|Wellington|Place,|Leeds, LS!|4AP| |Accountants|and Tax Advisers:|Alexander Myerson & Co Limited| |61|Rodney|Street,|Liverpool|L1|9ER| |Independent Examiner:|Paul|Burns,|Director at Alexander| |Myerson &|Co|Limited| |Restricted Activities|The Trustees powers|are|set out in Clause C of|the governing document.| |They are empowered|to raise funds,|but may not undertake|any| |substantial|trading activity.|They may permit any investments| |comprised|in|the Trust Fund|to be held|in|the name of|a stock broking| |company,|which|is|a member of|the|Stock Exchange,|as nominee|for| |the|trustees|and|to pay proper|remuneration.| **----- End of picture text -----**
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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |NARRATIVE INFORMATION| |Aims|As Clause B of the governing document|indicates,|the object of the|trust|is| |to make charitable|donations|to|deserving causes.|There|are no| |Review|employees and there|is no formal connection with any other charity.| |of Progress|During the year the Investment Managers maintained the portfolio.|The| |Trustees,|again|after considering many applications|for assistance, made| |Review|further charitable distributions|totalling £36,570.| |of Financial|_As part of a general review £166,421|of|investments were|realised.| |Activities &|Affairs|||The proceeds were|reinvested,|further diversifying|the portfolio.| |Trustees’|Cash reserves have decreased from £24,745|to £13,414.| |Policies|During|the year, the Trustees’ policy|continued|to regard|all income|as| |available|for distribution|to charities|and treated capital|as Reserves| |available|for investment.| |Investments|are managed at the discretion of|Redmayne Bentley LLP,| |subject to|appropriate supervision|by trustees,|seeking|to balance|capital| |growth with|earning|income,|all|involving|only moderate|risk.| |The Trustees|consider|charitable|requests|as and when brought to their| |attention.| |Existing Trustees will appoint new Trustees|as and when required.|It would| |be|important|to|ensure|that|family|and|or|descendants|take|a|role|as| |Trustees.| |Reserves|The Trustees|policy|is|to regard|all|income|as|available|for distribution|to| |Policy|charities|and|in|order|to|generate|this|income|reserves|of £758,109|were| |retained.| |Public Benefit|The|Trustees|confirm|that|they|have|referred|to|Charity|Commission| |guidance|on|Public|Benefit|when|reviewing|plans|for|the|future.|The| |trustees have and will continue to ensure that charitable|expenditure|will be| |made|to|further a charitable purpose|to|the public|benefit.| **----- End of picture text -----**
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## THE CAMELIA TRUST CHARITY NO. 1081074 ## TRUSTEES’ ANNUAL REPORT — YEAR TO 5" APRIL 2025 ## Trustees' responsibilities statement The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: - ° select suitable accounting policies and then apply them consistently; ° observe the methods and principles in the Charities SORP; e make judgements and estimates that are reasonable and prudent; - ° state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - ° prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the Trustees: Trustee: SV filer -|— s Date: 83/127 2025 **----- Start of picture text -----**
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| ## THE CAMELIA TRUST ## SEINDEPENDENT EXAMINER’SSAAN ER S REPORTREPORT TOTO THETHE TRUSTEESTRUSTEES YEAR ENDED 5™4 APRIL 2025 I report on the accounts of the charity for the year to 5 April 2025, which are set out on Pages 4 to 6. ## Respective responsibilities of Trustees and Examiner The charity’s trustees are responsible for the preparation ofthe accounts. The charity’s trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: - “examine the accounts under Section 145 of the 2011 Act: " follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145 (5) (b) of the 2011 Act); and - " — state whether particular matters have come to my attention. ## Basis of Independent Examiner’s Report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below. ## Independent Examiner’s Statement In connection with my examination, no matter has come to my attention: 1. which gives me reasonable cause to believe that, in any material respect, the requirements: "to keep accounting records in accordance with Section 130 of the 2011 Act; and "to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## Independent Examiner Paul Burns - Director of Alexander Myerson & Co Limited Chartered Accountants Address Date 61 Rodney Street, Liverpool L1 9ER Page 3 | ## THE CAMELIA TRUST ## RECEIPTS AND PAYMENTS ACCOUNT ## FOR THE YEAR ENDED 5TH APRIL 2025 **----- Start of picture text -----**
|||||||| |---|---|---|---|---|---|---| |2025|2024|NOTES| |RECEIPTS| |Income from|Dividends|32,793|36,120| |Income|from|Interest|3,976|6,682| |Net Gain|on|Sale|of Investments|2,060| |36,769|44,862| |PAYMENTS| |Accountancy|1,080|1,272|(1)| |Management|fees|2,836|4,251|(1)| |Charitable|Distributions|out|of Income|36,570|30,630|(2)| |Net|Loss|on|Sale|of Investments|49,598| |20,084|36,153| |Movement|in|market value|of investments|29,367|(10,335)| |(Deficit)/|Surplus|carried|to Reserves|(23,948)|(1,626)| **----- End of picture text -----**
Page 4 ## NOTES ## (1) All professional fees are VAT inclusive. (2) Charitable distributions represent payments made in the year to the following- **----- Start of picture text -----**
|||| |---|---|---| || Sefton|Support|™~—~—CSSCSC«iD| |[SignHealthSC*Cs«2,000| |a| |a| **----- End of picture text -----**
Page 5 ## THE CAMELIA TRUST ## FINANCIAL POSITION AS AT 5™ APRIL 2025 ## STATEMENT OF ASSETS AND LIABILITIES **----- Start of picture text -----**
ASSETS 2025 2024 NOTES
Client Bank balances held by Investment 873 24,745 (1)
Managers (Blankstone Sington Ltd)
Client Bank balances held by Investment 12,541
Managers (Redmayne Bently LLP)
Bank Balances held by Trustees 80,483 62,453
Awaiting charitable distribution
Stock Market Investments 666,370 695,937 (2)
760,267 783,135
LESS LIABILITY
Creditor — Accountancy 2,160 1,080
WS8107 | 782,055
REPRESENTING RESERVES
Brought Forward 782,055 783,681
(Deficit)/ Surplus for the year (23,948) (1.626)
158.107 782,055
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## NOTES (1)Bank balance was held on deposit. (2)Original cost of Stock Market Investments at 5" April 2025 was £691,043. (3) The Accounts comply with the appropriate legal requirements. Approved by the Trustees: **----- Start of picture text -----**
Trustee: (\. Cdn—-User
Date: O8/12:/ 21025
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