G.E. BESSELL DFM SELEMENT R•port and FIDan¢lal Stal•m•nts Y•ar •ndod: 26 March 2020 Charlty no: 1089910
G.E. BESSELL DFM SEThLEMENT Cont•nts Report of the Trustee8 Independent Examlners report Receipts and Payments Account Statement of Assets and Llabllltles
G.E. BESSELL DFM sELEmENT Report of th• tru8tee8 for th• year endod 25 March 2025 The trultees submlt their annual report and th8 financlal staternents for Ihe year ended 25 March 2025. The ch¥ity * congtltuted as a trust and is gov•med by a deed of settlément dated 25 fvlarch 1997. Refemnce and admlnlstratlva d•t•ll$ of th• charfty, Its trust•88 and advlsor8 Tre tru8teos who held offtce during Ihe p¢iiod were as foll0b. Mr St8phen Colo Mr Poter Colè Mr8 Chartotte Loui3e Bl8hop The prlnclpal addra$$ of Ihe charity is: Tralalgar HDUg8 Nelson Slreet South8ndon-Sga Essex SS11EF Durlftg the year, th• charKy u•ed the fdlowlng prof918bnal advls•rs: T01hr$t Fhher Trafalqar House N818on Street Southendthsoa E$$ox SS11EF Rlckard Lud<ln Llmltod 19 Clfftown Road Soulh8ndwon-S Essex SS1 1AB Sti(xtur•. gov•manc• and manag•m•nt Tho deed of ttment provldo8 lor a mlnlmum 012 trusts••. VJhere there Is a foqulroment for new tru$t¢es, th•8e would be Identmed and appolnted by the exl8tln9 tru8lé83. Th• existing trustèeg would b8 r•8pon•iblg frir th• Inductlon of trusleg1. The trustees regularly revlaw the rlsk¥ thai the Charlty f8ces. These malnty ralalè Io knv8Stment manag8m8nl and the$e havo been feduced by dlvar8ified portfolio manag8ment. The tru$teeg ara a130 aware of th8 risks aslated wllh making donat¢ons and tharelore they ravthv tho sndin progranwnes ol the bonefaclor8. ObJ•¢tlvM nd aedvltl•• Ils oblectlves are to act as a grant maklng charity for Ihe RAF Bev0[anI Fund. Great Ormond Str8et Childran$ Hospilal, South East Essex Christian Hospire (Havens Hospices), St. Joseph's Hospice Hackney London and the Brftish Red Cros$. The Iruees have con•ldered the Gharty C(Thxml•slon guldance on publk benefft and aTe 8alhfied that the Tru8t'¥ a¢llvltles meet the prln¢iples lald oul In Ihat guidance.
G.E. BESSELL DFM 8ETfLeMENT Report of thè tru8t•e¥ for tho year ended 25 March 2026 conL Achlevemant8 and p•rfomian¢• Flnanclal revlgw The charty 6 investments are $utyect to daily flUctUatn$ in thé stock market. Durfng th• year, the trustees in conjunction wrth their advi88r8 mada changes to thè Invaslment portfdio whrch ore rellected In the d8tail8 of non-monetary ass•ts and liabilities Some of the income from li8ted invo$lmenl818 automatThlly roinvested and Is therèfore not rafieded in the r¢Geipts and payments account. tnMte98 aim to malntaln B Iwal of r•swv88 In ordèr to gonwat• #ufflent Income and growlh to make $ub8ianlial but dlscretlonary payments to e8ch of the organ18atlon8 Ilsled above. Whilst tha truste•8 have not 80t 8 8po¢rflc levél of re8erve8, Ihoy con8lder the ¢wrerbt le16 to be r•a•onable. Plans for fur• p•rlod8 The plam for the lorthcoming ponodg are to Impr th• capltal POBltlon of Ihe ¢harity, whll8t ffiaklrvJ donations to tho organWatns li8ted abov8 and Moniting Iho porfoTmanc• of th organlsatlon• to n$ura approprfaté Spding programm68 ar• In place. Th18 he Tru•t•eu on Tr
G.E. BESSELL DFM 8ETfLEMENT Indopandent •xamln•r• report to the Trusts I report on the account8 of the charty for the year ended 25 March 2025 whlch compnBe the Receipi8 and Payments account and Statement of Asset8 and Liabilitiej. R•p•ctlv? r••ponslblllllo8 of truste and •xamln•r Th8 chkn's trustee8 are $Alib for th• woparation of th• Aecount8 In •eeordAne• vth Iho requirnmw)ts of the Ch*ities A¢1 2011 ('thg Act.). The charity's trustees consider that an audit18 not required for this year under Jectlon 144(2) of the Act that an indopendent examination 18 needed. It IJ my respon8lblllty to: exwnlne ttro aceounts undor $ectlon 145 01 tha Chariti68 Act,. to folow thg procedLw•$ lald dfAwn In the G•n•ral Dlre¢lon• gIn by Charfy Comml$8lon under section 145(5){b) of Ihe 2011 A¢i', and to 8taté wh8thw partlcular matt•rn have com• to my 8tt•ntlon. Ba813 of Ind•pond•nt •x•mln•f• •tat•fft•nt Aarnimtitsn wo8 rri•d out In a¢cord&ne• wilh Geneol Dir•ctionJ glv8n by th• Charlty Comml¥slon. An oxamlnation Includes a review of the accounting records kept by the Charlty and a comparison of the aKounts pr•8ented wlth thom records. It al80 kncludej con8ld¥ratlon of Y unusual tterns or d18cloJure¥ kn the aGcounts, and seeklng explanatThis frorn Ihe tru8teo8 ¢onGemlng any such matter8. The procedures undertaken do not provklo am the evidence that would be fequlred In an audit. and consequently Tho opinion18 glven 89 to whether the ac¢ount8 present a 'true and fair vl8w' and the report is Ilmit to those m•ttfjrs ••t oth in the •tatemont below. Ind•pond•nt •Mmln•rf• •lat•m•nt In the courno of my examlrballon. no m•tt•r ha8 come to my attontion whkh glv•8 me r•8nabl• cau$• to belièv• that In any matorlal respeet.. accounting w•ro nol kept in a¢cordanGe wlth 8¢rtknn 130 d the ChaAtleB th• aUnts do nol aeeord wlth th• a¢countlng rocoTd•. I have n¢ concerns and have com6 •cros# no other matters In connli0n wllh the examlnatton to Ylhich attenllon Dhould b• drawn In ordw to enable a proper under&tsndlrvJ of Ihe accounts to be reached. Jamle Nlce ACA Rickard Luckin Llmlted 19 Ctifftown Road Southend-on-sea E88OX SS1 1AB Date..
G.E. BESSÉLL DFM SErrLEMENT Roc01pts and Paymenls account for the year onded 25 March 2025 2026 2024 G•lpts." DMdend8 Interest Donatioiis 26.928.77 3,814.87 26,502.09 1.831.01 21.23 30.74144 28.354.33 Proc•ed8 from sale ol Investments 78.278.10 39,814.25 Total raGelpts 109,021.54 68.168.58 Payrn•nts: Legal Fe01 Accounlancy F8e8 Co$t of purchases of knvestmonts Managem•nt fees DOrtIOrI0 900.00 720.00 41,468.83 7,565.95 80,000.00 900.00 714.00 69.934.38 7.036,38 40.000.00 Total paymgnt• 110,854.78 118,584.74 Net re¢p151(payments) (1,633.24) (50.416.18) Cash fund8 blhvd 27.908.57 78,322.73 Cash fvnd4 olfwd 26,273.33 27,908.57
G.E. 8E8SELL DFM SErrLEMENT Statsment ol A88ets and Llabllltles a8 at 25 March 2025 2026 2024 M¢)netary a•s•t•: TSB deposit aGcount Cash on dep08it- JM Flnn & Co Income account- JM Finn & Co 8,183.07 9,314.71 8,775.$5 9.803.07 981.10 17,122.40 26.273.33 27,906.57 Non4lon•tary a•••t• and Ilablllll•B: Inv••thi•nts Unltod lQngd¢m Trea8Ury Unlted Kingdom Treasury 4 5% CG Portfollo Fund PLC- The Dollar D Inc SVS Church Hou89 Inv Grade M&G So¢urllies Corporate Bond Mercantll8 Investment Tru81 Murray Income Tru8t Flnsbury Growth & Incomo Tw Law Debenture Corp ArtemlJ- UK Speclal Sltuatlon8 Fund North Atlan SM CO Findlay Amancal USD InG Blackrock Fund Managarn Henderson- European Capltal Grobylh Fund Abordeen New Indla Inv Trust Paclft Hodzon Inv88trnent Trust JPMorgan Japan88e Inve8tmenl Tru Templeton Emerging Markets Invegtmenl Trust Herald Investment Tru8t Forelgn & Col Investment TN Monk• Inve8tmenl Trust Alliance Trust Ordlnary Mid Wnd Intem Invest M&G Securities Ltd Global Dividend Blackrock Wlld Mlning Tru?t Gr¢en¢¢ot UK Vrflnd Caledonia Inve•lment? Ord Aberdeen Diver8if18(I Inc & Glh Personal Assels Tru81 35.014.35 35,588.35 47,214.90 38,727.50 45.227.00 81,550.00 70,891),00 53,040.00 89.800.00 107,241.20 31,280.00 88,704.44 53,062,24 66,576.00 30,685 71 47,882.00 38,920.00 48,488.00 78,225.00 70,550.00 51.360.00 78.600.00 94.806,80 30.600.00 89.787 28 52,978.24 63.456.00 25,600.00 34.380.00 35.165.00 38,200.IJO 31,575.00 79,440.00 56,500.00 61,400 00 28.985.00 46,989.00 12,21600 22,916 00 32,700 00 15.752 00 59.750 00 35,70Q.00 37.895.00 43.650.C(I 31.200.CQ 56.000.00 61.100.00 80,300.00 28,180.00 52.747.50 11,880.00 19,040,00 37,600.00 63,000.00 1.380.208.48 1,353,887.03
G.E. BESSELL DFM SETTLEMENT ststemont of Assets and Llabllltle8 a8 at 26 March 2026 ConL Ll•bllllle• Accountancy fees Legal Fe88 720 860