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2021-09-04-accounts

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 05 September 2020 To 04 September 2021

Section A Reference and administration details

Charity name The Late Frances Crabtree Charitable Trust

Other names charity is known by Registered charity number (if any) 1094188 Charity's principal address Trustee Department 1[st] Floor, 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
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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)
Royal Bank of
Scotland Plc		 To 05/04/2021
Ludlow Trust
CompanyLimited		 From 06/04/2021

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

TAR

March 2012

1

Type of adviser
Name
Address		 Type of adviser
Name
Address		 Type of adviser
Name
Address
Investment Managers NatWest Bank Plc 440 The Strand, London, WC2R 0QS
Bankers NatWest Bank Plc 440 The Strand, London, WC2R 0QS
Solicitors Hugh James Hodge House, 114-116 St Mary Street, Cardiff, CF10 1DY
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

Will of Mrs Frances Crabtree (deceased) dated 21 August 1995 as proved Type of governing document 26 July 2002

(eg. trust deed, constitution) Will trust How the charity is constituted

Trustees are appointed by the trustees. Trustee selection methods

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objects of the trust are to apply the income and all or such part or parts of the capital for or towards such charitable purposes to make donations to such charitable institution or institutions at such time or times and in such manner as the trustees may in their absolute discretion 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:

TAR

March 2012

3

Section D Achievements and performance

Summary of the main During the year under review the charity made grant awards to 2 achievements of the charity institutions totalling £20,000 as set out 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 £12,742 (2020: £6,046).

In addition to the free reserves the charity has bank balances of £8,643 (2020: £7,993) and investments of £1,248,068 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:

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)[Chris Thurlow ] On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc)

Date 04 July 2022

TAR

March 2012

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Charity Name No (if any) The Late Frances Crabtree Charitable Trust 1094188 Receipts and payments accounts For the period Period start date Period end date To from 05 September 2020 04 September 2021

CC16a

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest £
18,226
7
-
-
-
-
-
-
18,233
-
-
-
18,233
20,000
-
-
300
-
-
-
-
-
20,300
-
-
-
20,300
(2,067)
8,763
6,046
12,742		 Restricted funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
777,710
-
777,710
777,710
-
14,854
-
-
-
-
-
-
-
14,854
753,443
-
753,443
768,297
9,413
(8,763)
7,993
8,643		 Total funds
to the nearest £
18,226
7
-
-
-
-
-
-
18,233
777,710
-
777,710
795,943
20,000
14,854
-
300
-
-
-
-
-
35,154
753,443
-
753,443
788,597
7,346		 Total funds
to the nearest £
18,226
7
-
-
-
-
-
-
18,233
777,710
-
777,710
795,943
20,000
14,854
-
300
-
-
-
-
-
35,154
753,443
-
753,443
788,597
7,346		 Last year
to the nearest £
Income from investments 18,226 20,271
Income from bank interest 7 116
- -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)		 18,233 20,387
A2 Asset and investment sales,
(see table).
Sale of investments - 541,923
- -
Sub total - 541,923
Total receipts
A3 Payments
562,310
Grants awarded 20,000 36,370
Inv mgmt and admin - 18,451
Independent examiner - 400
Accountancy 300 -
- -
- -
- -
- -
- -
**Sub total ** 20,300 55,221
A4 Asset and investment
purchases, (see table)
Investmentpurchases - 555,614
-
**Sub total ** - 555,614
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
610,835
(2,067) - 9,413 7,346 (48,525)
8,763 - (8,763) - -
6,046 - 7,993 14,039 62,564
12,742 - 8,643 21,385 14,039

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
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds		 Signature
Inv mgmt
Independent examination
Details
Details
Details
Investment portfolio
Details
(agree balances with receipts and payments
account(s))
Details
Capital account
Income account
Total cash funds		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
12,742
-
-
12,742
-
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
1,058
Unrestricted
780
-
-
-
Print Name
Chris Thurlow
On behaf of Ludlow Trust Company
Limited		 Endowment
funds
to nearest £
8,643
-
-
8,643
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
1,248,068
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Chris Thurlow
On behaf of Ludlow Trust Company
Limited		 04 July 2022

CCXX R7 accounts (SS)

7

Section C Notes to the Accounts

Section C Notes to the Accounts Accounts
C2 Grants to institutions
C3 Related party transactions
C1 Nature and purpose of funds(may be
stated on analysis of funds worksheets)		 Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charityand which have not been designated for otherpurposes.
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.
Recipient
Place2Be
MQ: Transforming Mental Health		 £
10,000
10,000
20,000
No trustee received any remuneration nor reimbiursed any expenses in the year under review.
During the year under review Royal Bank of Scotland Plc, the trustee of the charity until 6 April 2021, were paid
fees for the provision of administration and investment management services amounting to £13,781 as authorised
under clause 10 of schedule 2 of the will trust whilst the trustee.

CCXX R8 accounts (SS)

8

Independent Examiner's Report to the Trustees of The Late Frances Crabtree Charitable Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 04 September 2021 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.

Geoffrey Frost BSc(Hons) FCA Date 04 July 2022 Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY

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