||||Receipts and payments accounts
Period start date
To
For the period
from
30.04.2024
MRS ELDA CARAPIET'S 1961 SETTLEMENT
ee ee|Receipts and payments accounts
Period start date
To
For the period
from
30.04.2024
MRS ELDA CARAPIET'S 1961 SETTLEMENT
ee ee|Receipts and payments accounts
Period start date
To
For the period
from
30.04.2024
MRS ELDA CARAPIET'S 1961 SETTLEMENT
ee ee|Receipts and payments accounts
Period start date
To
For the period
from
30.04.2024
MRS ELDA CARAPIET'S 1961 SETTLEMENT
ee ee|Receipts and payments accounts
Period start date
To
For the period
from
30.04.2024
MRS ELDA CARAPIET'S 1961 SETTLEMENT
ee ee|Receipts and payments accounts
Period start date
To
For the period
from
30.04.2024
MRS ELDA CARAPIET'S 1961 SETTLEMENT
ee ee|Receipts and payments accounts
Period start date
To
For the period
from
30.04.2024
MRS ELDA CARAPIET'S 1961 SETTLEMENT
ee ee|Receipts and payments accounts
Period start date
To
For the period
from
30.04.2024
MRS ELDA CARAPIET'S 1961 SETTLEMENT
ee ee|Receipts and payments accounts
Period start date
To
For the period
from
30.04.2024
MRS ELDA CARAPIET'S 1961 SETTLEMENT
ee ee|Receipts and payments accounts
Period end date
CC16a
29.04.2025
1096866
ee||Receipts and payments accounts
Period end date
CC16a
29.04.2025
1096866
ee||Receipts and payments accounts
Period end date
CC16a
29.04.2025
1096866
ee||Receipts and payments accounts
Period end date
CC16a
29.04.2025
1096866
ee||Receipts and payments accounts
Period end date
CC16a
29.04.2025
1096866
ee||Receipts and payments accounts
Period end date
CC16a
29.04.2025
1096866
ee||Receipts and payments accounts
Period end date
CC16a
29.04.2025
1096866
ee||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Section A Receipts and payments||||||||||||||||||
|||||Unrestricted
funds||Restricted
funds|Restricted|||Endowment
funds|||Endowment||Total funds|||Last year|
|||||to the nearest £|to the nearest £|to the nearest £|to the nearest £|||to the nearest £|||||to the nearest £|||to the nearest £|
||A1 Receipts||||||||||||||||||
||Investment income|||31,408||-|-|-||-|-|-|-||31,408|31,408||29,783|
||Interest|||4,662||-|-|-||-|-|-|-||4,662|4,662||2,699|
|||||-||-|-|-||-|-|-|-||-|-||-|
|||||-||-|-|-||-|-|-|-||-|-||-|
|||||-||-|-|-||-|-|-|-||-|-||-|
|||||-||-|-|-||-|-|-|-||-|-||-|
|||||-||-|-|-||-|-|-|-||-|-||-|
||Sub total(Gross income for
AR)|||AR)
36,070||-|-|-|||||||36,070|36,070||32,482|
|A2 Asset and investment sales,
(see table).
Sale of investments
-
-
774,223
774,223
820,312
-
-
-
-
-
Sub total -
-
774,223
774,223
820,312
Total receipts
36,070
-
774,223
810,293
852,794
—__—~~——~~|||||||||||||||||||
||A3 Payments||||||||||||||||||
||Grants awarded|||||-|-|-||-|-|-|-||-|-|||
||Investment manager fees (VAT inclusive)||||||||||||||||||
|||||||-|-|-||5,347|5,347|5,347|||5,347|5,347||4,880|
||Trust administration fees (VAT inclusive)||||||||||||||||||
|||||7,050||-|-|-|||||||7,050|7,050||5,580|
||Accountancy fees|||600|||||||||||600|600||600|
||Independent Examiners fees|||180||-|-|-||-|-|-|-||180|180||180|
||Cash management fees|||171||-|-|-||-|-|-|-||171|171|||
|||||-||-|-|-||-|-|-|-||-|-||-|
|||||-||-|-|-||-|-|-|-||-|-||-|
|||||-||-|-|-||-|-|-|-||-|-||-|
||||Sub total |8,001||-|-|-||5,347|5,347|5,347|||13,348|13,348||11,240|
A4 Asset and investment purchases, (see table) Investment purchases 801,930 801,930 783,316 - - - - Sub total [ - ] - 801,930 801,930 783,316 ———— Total payments 8,001 - 807,277 ~~=—~~ 815,278 794,556 Net of receipts/(payments) 28,069 - 33,054 - 4,985 58,238 A5 Transfers between funds - 403 403 - - A6 Cash funds last year end 81,695 40,441 122,136 63,898 Cash funds this year end == 109,361 - 7,790 ~~=>~~ 117,151 122,136
CCXX R1 accounts (SS)
18/02/2026
1
| Section B Statement of assets and liabilities at | 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 portfolio Details Total cash funds (agree balances with receipts and payments account(s)) Capital account Income account Details Details Details Signature Per electronic approval |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - 109,361 - - - 109,361 - 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 Company Limited |
Endowment funds to nearest £ 7,790 - - |
| 7,790 | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) 1,230,620 - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval Per electronic approval |
CCXX R2 accounts (SS)
18/02/2026
2
Trustees’ Annual Report for the period
From 30 April 2024 To 29 April 2025
Charity name: Mrs Elda Carapiet's 1961 Settlement
Charity registration number: 1096866
Objectives and Activities
| Objectives and Activities | Objectives and Activities | Objectives and Activities |
|---|---|---|
| SORP reference | ||
| Summary of the purposes of the charity as set out in its governing document Para 1.17 The objects of the charity are to apply the income to the Armenian Patriarchate of Jerusalem or to pay or apply the same as the said Patriarchate of Jerusalem in Palestine shall direct for the purposes of the education and advancement in life of Armenian children or for such other charitable purpose or purposes as the said Patriaichate may consider allied thereto. |
||
| 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. |
||
| 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:
| Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about: |
Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about: |
Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about: |
|---|---|---|
| SORP reference | ||
| Policy on grant making Para 1.38 |
||
| Policy on social investment including program related investment Para 1.38 |
||
| Contribution made by volunteers Para 1.38 |
||
| Other |
Achievements and Performance
----- Start of picture text -----
SORP reference
----- End of picture text -----
| Achievements and Performance | Achievements and Performance | 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 | No grants were made during the year under review. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set Para 1.41 |
Achievements against objectives set Para 1.41 |
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
----- Start of picture text -----
Review of the charity’s Para 1.21 At the end of the reporting period the charity
financial position at the end had free reserves of £109,361 (2024:
£81,695).
of the period
In addition to the free reserves the charity
has bank balances of £7,790 (2024:
£40,441) and investments valued at
£1,230,620 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 Para 1.22
policy for holding reserves
stating why they are held
Amount of reserves held Para 1.22
Reasons for holding zero Para 1.22
reserves
Details of fund materially in Para 1.24
deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a going
concern
----- End of picture text -----
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 Para 1.46 adopted A description of the principal risks facing the charity Para 1.46 Expendable endowment funds are those which are required to be invested to produce Other 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. Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Structure, Governance and Management
| Structure, Governance and Management | Structure, Governance and Management | Structure, Governance and Management |
|---|---|---|
| Description of charity’s trusts: |
||
| Type of governing document (trust deed, royal charter) Para 1.25 Trust deed dated 26 July 1961. |
||
| 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 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 nor reimbursed any expenses in the year under review. During the year Ludlow Trust Company were paid fees for trust administration services and cash management fees totaling £7,221. |
Relationship with any related parties Para 1.51 No trustee received any remuneration nor reimbursed any expenses in the year under review. During the year Ludlow Trust Company were paid fees for trust administration services and cash management fees totaling £7,221. |
Relationship with any related parties Para 1.51 No trustee received any remuneration nor reimbursed any expenses in the year under review. During the year Ludlow Trust Company were paid fees for trust administration services and cash management fees totaling £7,221. |
|---|---|---|
| Other |
Reference and Administrative details
----- Start of picture text -----
Charity name MRS ELDA CARAPIET'S 1961 SETTLEMENT
Other name the charity uses
Registered charity number 1096866
Charity’s principal address Trustees Department
1 [st] Floor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ
----- End of picture text -----
Names of the charity trustees who manage the charity
----- Start of picture text -----
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Ludlow Trust
1
Company Limited
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
----- End of picture text -----
– Corporate trustees names of the directors at the date the report was approved
Director name Gary Collins Walter Coxon Ali Sarikhani Ziba Sarikhani Christopher Thurlow Matthew Wickers
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)
----- Start of picture text -----
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
----- End of picture text -----
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
Signature(s) Per electronic approval Full name(s) Chris Thurlow on behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date Per electronic approval
Document Activity Report
Document Sent Wed, 18 Feb 2026 16:23:08 GMT Document Approval Status Approved Approval Activity Summary Chris Thurlow Approved Wed, 18 Feb 2026 18:40:39 GMT Document Activity History Document history shows most recent activity first Date Activity Wed, 18 Feb 2026 18:40:35 GMT Chris Thurlow viewed the document
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of Mrs Elda Carapiet's 1961 Settlement On accounts for the 29[th] April 2025 Charity no 1096866 period ended (if any) Set out on pages Financial statements page 1 - 2 Trustee report page 3 - 13
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 29/04/2025.
- 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 carrying out my examination, I have followed 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 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
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.
Date: 19-02-26 Signed: ~~er oe~~ Name: Ian Rodd ~~Ce~~ Relevant professional BSc FCA FCCA qualification(s) or body (if any): Address: TC Group 10 Bridge Street, Christchurch Dorset BH23 1EF
1
IER
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).
Give here brief details of any items that the examiner wishes to disclose .
n/a
2
IER