Trustees’ Annual Report for the period
From 06 April 2024 To 24 June 2025
Charity name: The Elda Latin Charitable Trust Charity registration number: 1106734
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To pay the income of the charity to Clatterbridge Cancer Research Trust (known as North West Cancer Research); St Johns Hospice in the Wirral; Help the Aged; and The National Trust. Payment from the capital at the trustees absolute discretion. |
| 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 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other
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 grants to the following charities totalling £16,642 • St Johns Hospice • Age UK • The National Trust • North West Cancer Research |
Additional information (optional) You may choose to include further statements where relevant about:
| 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
| 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 £12,039 (2024: £8,380) and investments valued at £793,100 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 £4,121 (2024: £1,156). |
| 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) You may choose to include further statements where relevant about: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity 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 | Structure, Governance | and Management | and Management |
|---|---|---|---|
| Description of charity’s | |||
| trusts: | |||
| Type of governing document | Para 1.25 | Will dated 13 May 1994 | |
| How is the charity | Para 1.25 | Trust | |
| constituted? | |||
| Trustee selection methods | Para 1.25 | Trustees are appointed by the trustees from | |
| including details of any | time to time. | ||
| constitutional provisions e.g. | |||
| election to post or name of | |||
| any person or bodyentitled |
to appoint one or more trustees
| 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: |
|---|---|---|
| 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 or was reimbursed for any expenses in the year under review. Ludlow Trust Company (Southampton) Ltd was paid £1,185 for trust administration fees during the year under review. HSBC was paid £11,750 for trust administration services and investment management fees up to 28 February 2025. These fees are authorised under clause 2 of the will. |
| Other |
Reference and Administrative details
| Charity name | The Elda Latin Charitable Trust |
|---|---|
| Other name the charity uses | None |
| Registered charity number | 1106734 |
| Charity’s principal address | Ludlow Trust Company (Southampton) Limited, Yarmouth House, 1300 Parkway, Solent Business Park, Whiteley, PO15 7AX |
Names of the charity trustees who manage the charity
| 1 2 3 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Ludlow Trust Company (Southampton) Limited |
01/03/2025 | |||
– Corporate trustees names of the directors at the date the report was approved
Director name Gary St John Collins Walter Duncan Coxon Christopher Ian Thurlow Matthew John 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 |
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 Managers | HSBC | 1 Centenary Square, Birmingham, B1 1HQ. |
| Bankers | HSBC UK Bank PLC | 1 Centenary Square, Birmingham, B1 1HQ. |
| Accountants | Charter Tax Consulting Limited |
8th Floor, 1 Southampton St, London WC2R 0LR |
| Independent Examiner | Geoffrey Frost | Blue Spire Limited, Cawley Priory, South Pallant, Chichester, PO19 1SY |
Name of chief executive or names of senior staff members (Optional information)
~~Cs~~
Exemptions from disclosure
Reason for non-disclosure of key personnel details
~~OO~~ Other optional information ~~OO~~
Declarations The trustees declare that they have approved the trustees’ report above. on behalf of the charity’s trustees Signature(s) ~~a~~ Full name(s) Chris Thurlow Position (eg Secretary, On behalf of Ludlow Trust Chair, etc) Company (Southampton) Limited ~~|a~~ (Trustee) ~~}~~ Date 31 March 2026 ~~|~~
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| 1106734 The Elda Latin Charitable Trust |
|
|---|---|
| CC16a Receipts andpayments accounts |
|
| 06/04/2024 24/06/2025 Period start date Period end date To For the period from |
|
| Section A Receipts and payments | |
| Unrestricted funds Restricted funds Endowment funds Total funds Last year |
|
| to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ |
|
| A1 Receipts | |
| Income from investments 8,764 - 7,316 16,080 - Interest received 10,843 - - 10,843 - - - - - - Sub total(Gross income for AR) 19,607 - 7,316 26,923 - ~~SSS~~ |
|
| A2 Asset and investment sales, (see table). Sale of investments - - 404,383 404,383 - - - - - - Sub total - - 404,383 404,383 - Total receipts 19,607 - 411,699 431,306 - ~~———————~~ |
|
| A3 Payments Grants awarded 16,642 - - 16,642 - Investment Manager Fees - - 9,939 9,939 - Trust administration fees 5,591 - - 5,591 - Independent Examiners fees - - - - - - - - - - - - - - - Sub total 22,233 - 9,939 32,172 - A4 Asset and investment purchases, (see table) Investmentpurchases - - 392,510 392,510 - - - - - Sub total - - 392,510 392,510 - Total payments 22,233 - 402,449 424,682 - Net of receipts/(payments) - 2,626 - 9,250 6,624 - A5 Transfers between funds 5,591 - - 5,591 - - A6 Cash funds last year end 1,156 - 8,380 9,536 - Cash funds this year end 4,121 - 12,039 16,160 - ~~——= ====~~ ~~——————~~ ~~=====>~~ |
CCXX R1 accounts (SS)
31/03/2026
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|-|-|12,039|
|Income account|
|4,121|-|-|
|-|-|-|
|Total cash funds|4,121|-|12,039|
|SEE|
|(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|-|793,100|
|-|-|
|-|-|
|-|-|
|-|-|
|=—====|
|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|
|Trust Company (Southampton) Limited|31 March 2026|
|(Trustee)|
|2|31/03/2026|
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Signed by one or two trustees on behalf of all the trustees
CCXX R2 accounts (SS)
31/03/2026
Independent Examiner's Report to the Trustees of The Elda Latin Charitable Trust Trust
I report to the charity trustees on my examination of the accounts of the charity for the period ended 24 June 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:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
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.
31 March 2026 Geoff Frost BSc (Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY