2025-04-17-accounts

Trustees’ Annual Report for the period

From 06 April 2024 To 17 April 2025

Charity name: The Bradbury Charitable Trust Charity registration number: 1098592

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To hold the capital and income of the Trust Fund upon trust to apply the income and all or such part or 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 as the Trustees may in their absolute discretion think fit.
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:

	SORP reference
Policy on grant making	Para 1.38	N/A
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	N/A
Other		N/A

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 year under review the charity made 8 grant payments to the following charities totalling £41,094  Dogs Trust  Macmillan Cancer Support  The Royal National Lifeboat Institution  Guide Dogs for the Blind

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set	Para 1.41	N/A

Performance of fundraising activities against objectives set	Para 1.41	N/A
Investment performance against objectives	Para 1.41	N/A
Other		N/A

Financial Review

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 £5,116 (2024: £660) and investments valued at £583,067 within the expendable endowment fund which can be released to support the activities of the charity.
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 £10,187 (2024: £10,089).
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)

Additional information (optional)	Additional information (optional)	Additional information (optional)
Youmay choosetoincludefurtherstatementswhererelevantabout:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	N/A
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	N/A
Other		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. 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

Description of charity’s trusts:
Type of governing document	Para 1.25	Trust deed dated 17th April 2003
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	A new trustee or new trustees may be appointed at any time by the Settlors during their lifetime. Or trustees are appointed by the existing trustee from time to time.

Additional information (optional)

Additional information (optional)	Additional information (optional)	Additional information (optional)
Youmay choosetoincludefurtherstatementswhererelevantabout:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	N/A
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	N/A
Relationship with any related parties	Para 1.51	No trustee received any remuneration or was reimbursed any expenses in the year under review. During the year under review, the Corporate Trustee Ludlow Trust Company (Southampton) Limited (formerly HSBC Trust Company (UK) Limited), was paid £3,483 for trust administration fees and was a wholly subsidiary of HSBC Holdings plc. The investment manager, HSBC Bank plc, which is also a wholly owned subsidiary of HSBC Holdings plc, was paid £5,462 for investment management fees. These fees are authorised under clause 33 of the trust deed.
Other		N/A

Reference and Administrative details

Charity name	The Bradbury Charitable Trust
Other name the charity uses
Registered charity number	1098592
Charity’s principal address	Ludlow Trust Co (Southampton) Ltd Yarmouth House 1300 Parkway Solent Business Park Whiteley PO15 7AX

Names of the charity trustees who manage the charity

1 2 3	Trustee name Ludlow Trust Company (Southampton) Limited (formerly HSBC Trust Company (UK)Limited)	Office (if any)	Office (if any)	Dates acted if not for whole year	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Corporate trustees–names of the directors at the date the report was approved Director name Gary St John Collins Appointed 1 March 2025 Walter Duncan Coxon Appointed 1 March 2025 Christopher Ian Thurlow Appointed 1 March 2025 Matthew John Wickers Appointed 1 March 2025
	Director name
	Gary St John Collins		Appointed 1 March 2025
	Walter Duncan Coxon		Appointed 1 March 2025
	Christopher Ian Thurlow		Appointed 1 March 2025
	Matthew John Wickers		Appointed 1 March 2025

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
None

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 Manager	HSBC	1 Centenary Square, Birmingham, B1 1HQ
Banker	HSBC	1 Centenary Square, Birmingham, B1 1HQ
Accountant	Charter Tax Consulting Limited	8th Floor, 1 Southampton St, London WC2R 0LR
Independent Examiner	James O’Rourke	Blue Spire Limited, Cawley Priory, South Pallant, Chichester, PO19 1SY

Name of chief executive or names of senior staff members (Optional information)

N/A ~~—~~

Exemptions from disclosure

Reason for non-disclosure of key personnel details

No exemptions used ~~tt~~

Other optional information

~~pT~~ N/A

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) ~~eee~~ Full name(s) Chris Thurlow Position (eg Secretary, On behalf of Ludlow Trust Chair, etc) Company (Southampton) Limited (Trustee) ~~a~~ Date 17 February 2026 ~~|~~

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||||||||| |---|---|---|---|---|---|---|---| |The Bradbury Charitable Trust|1098592| |Receipts and payments accounts|CC16a| |For the period|Period start date|Period end date| |To| |from|06/04/2024|17/04/2025| |Section A Receipts and payments| |Unrestricted|Restricted|Endowment| |Total funds|Last year| |funds|funds|funds| |to the nearest £|to the nearest £|to the nearest £|to the nearest £|to the nearest £| |A1 Receipts| |Income from investments|10,021|-|-|10,021|-| |Interest received|166|-|-|166|-| |-|-|-|-|-| |-|-|-|-|-| |Sub total|(Gross income for| |10,187|-|-|10,187|-| |—————|AR)| |A2 Asset and investment sales,| |(see table).| |Sale of investments|-|-|41,982|41,982|-| |-|-|-|-|-| |Sub total|-|-|41,982|41,982|-| |=|Total receipts|10,187|-|————|41,982|52,169|14,772| |A3 Payments| |Grants awarded|41,094|-|-|41,094|-| |Investment Manager Fees|-|-|5,462|5,462|-| |Trust administration fees|3,483|-|-|3,483|-| |-|-|-|-|-| |Sub total|[ 44,577 ]|-|5,462|50,039|-| |SSS| |A4 Asset and investment| |purchases,|(see table)| |Investment purchases|-|-|(2,424)|(2,424)|-| |-|-|-|-|-| |Sub total|[ - ]|-|(2,424)|(2,424)|-| |—|Total payments|—=——=—|44,577|-|3,038|47,615|40,222| |Net of receipts/(payments)|(34,390)|-|38,944|4,554|(25,450)| |A5 Transfers between funds|34,488|-|(34,488)|-|-| |A6 Cash funds last year end|10,089|- 660|10,749|36,199| |Cash funds this year end|10,187|-|5,116|15,303|10,749| |=_= ==>|

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CCXX R1 accounts (SS)

16/02/2026

1

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|||||| |---|---|---|---|---| |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|Capital account|-|-|5,116| |Income account| |10,187|-|-| |-|-|-| |Total cash funds|10,187|-|5,116| |—===| |(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|-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |===>| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|Investment portfolio|Endowment|-|583,067| |-|-| |-|-| |-|-| |-|-| |=—====| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |====| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities| |-| |-| |-| |-| |===| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |Chris Thurlow on behalf of Ludlow|17 February 2026| |Trust Company (Southampton) Limited| |(Trustee)| |2|16/02/2026|

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CCXX R2 accounts (SS)

16/02/2026

Independent Examiner's Report to the Trustees of The Bradbury Charitable Trust

I report to the charity trustees on my examination of the accounts of the charity for the period ended 17[th] April 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.

James O’Rourke FCA Date 17 February 2026 Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY