2023-02-16-accounts

Rosemary Constance Reeve Angel Charitable Trust	Rosemary Constance Reeve Angel Charitable Trust	1113877
Receipts andpayments accounts				CC16a
Period start date For the period from 17.02.2022	To	Period end date 16.02.2023

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 48,681 51 - - - - - 48,733 - - - 48,733 76,466 - - - - - - - - 76,466 - - - 76,466 - 27,733 - 31,627 74,240 14,879	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - 797 - - - - 797 1,795,542 - 1,795,542 1,796,339 120,000 12,255 13,936 780 72 - - - - 147,043 1,657,734 - 1,657,734 1,804,777 - 8,438 31,627 48,871 72,060	Total funds to the nearest £ 48,681 848 - - - - - 49,529 1,795,542 - 1,795,542 1,845,072 196,466 12,255 13,936 780 72 - - - - 223,508 1,657,734 - 1,657,734 1,881,243 - 36,171 - 123,110 86,939	Last year to the nearest £
Investment income	48,681				39,253
Interest	51				48
	-				-
	-				-
	-				-
	-				-
	-				-
Sub total(Gross income for AR)	48,733				39,301
A2 Asset and investment sales, (see table).
Sale of investments	-				1,457,062
	-				-
Sub total	-				1,457,062
Total receipts A3 Payments
					1,496,363
Grants awarded	76,466				-
Investment management fees (VAT inclusive)	-				25,435
Trust administration fees (VAT inclusive)	-				-
Independent Examiners fees	-				-
Bank charges	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	76,466				25,435
A4 Asset and investment purchases, (see table)
Investmentpurchases	-				1,401,645
	-
**Sub total **	-				1,401,645
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
					1,427,080
	- 27,733		- 8,438	- 36,171	69,283
	- 31,627		31,627	-	-
	74,240		48,871	123,110	268,055
	14,879	-	72,060	86,939	337,338

CCXX R1 accounts (SS)

09/11/2023

1

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 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	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 14,879 - - - 14,879 - 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 CompanyLimited	Endowment funds to nearest £
			72,060
			-
			-
			72,060
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			2,404,933
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
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			When due (optional)
			Date of approval
		Chris Thurlow on behalf of Ludlow Trust CompanyLimited

CCXX R2 accounts (SS)

09/11/2023

2

Trustees’ Annual Report for the period

From 17 February 2022 To 16 February 2023

Charity name: Rosemary Constance Reeve Angel Charitable Trust Charity registration number: 1113877

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The Trustees shall 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 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 so doing the trustees will take account of the settlor’s letter of wishes, which requests that consideration be given to the benefit of: Childline Age UK (formerly Help the Aged) Shelter Friends of the Earth Barnado’s London Wildlife Trust
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) 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

	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 six charities listed in the letter of wishes totalling £196,466.
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

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of the reporting period the charity had free reserves of £14,879 (2022: £74,240). In addition to the free reserves the charity has bank balances of £72,060 (2022: £48,870) and investments valued at £2,404,933 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
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

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 adopted Para 1.46

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

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed dated 17 February 2006
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 bodyentitled	Para 1.25	Trustees are appointed by the existing trustees.

to appoint one or more 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. Ludlow Trust Company Limited was paid £13,936 for trust administration services during the year under review. These fees are authorised under clause 13 of the trust deed.
Other

Reference and Administrative details

Charity name	Rosemary Constance Reeve Angel Charitable Trust
Other name the charity uses
Registered charity number	1113877
Charity’s principal address	Trustees Department 1stFloor, Tower Wharf Cheese Lane, Bristol 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 15 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)
	Ludlow Trust CompanyLimited

20

– Corporate trustees names of the directors at the date the report was approved Director name

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

Funds held as custodian trustees on behalf of others

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Investment Managers	Coutts & Co	440 The Strand, London, WC2R 0QS
Bankers	Coutts & Co	440 The Strand, London, WC2R 0QS
Accountants	KJF Accounting Limited	17 Sheringham Avenue, Southgate, London, N14 4UB

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) Full name(s) Chris Thurlow On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examinevs Report Report to the trusteesl members of Rosemary constan￿ Reeve Angel Charitable Trust On accounts for the year ended 16, February 2023 Charity no lif any) 1168153 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above charity {Yie Trusf) for the year ended 16" February 2023. Responsibilities and As the charity trustees of the Trust. you are responsible for the preparation basis of report of the accounls in accordance with the requirements of the Charities Act 2011 ("the Acr). I report in respect of my examinats'on of the Trust's accounts carried out under section 145 of the 2011 Act and in canying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515)(bl of the Act. I have completed my examin&'on. I confimi 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.. accounb.ng records were not kept in accordan￿ with section 130 of the Act or the accounts do not accord Trmth the accounting record5 Independent examinerfs statement I have no concems 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. Signed: Date: u7-11-7u7 Name: Mr Keith Felton Relevant professional qualificationls) or body lif any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue. Southgate. London N14 4UB Section B Disclosure Only complete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts: direct¢ons and guidance for examiners). IER October 2018

Give IRre brief details of any items that the examiner wlshes to disclose. IER October 2018

2023-11-17RCRACT-Accounts

Final Audit Report

2023-11-17

Created: 2023-11-17 By: Marta Kurpickaja ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAH2Vha73E5RZuOeeRUj2CgTRGOrGae8tn

"2023-11-17RCRACT-Accounts" History

Document created by Marta Kurpickaja ([e-mail])

2023-11-17 - 10:47:15 AM GMT- IP address: 195.70.87.234

Document emailed to Chris Thurlow ([e-mail]) for signature 2023-11-17 - 10:47:42 AM GMT

Email viewed by Chris Thurlow ([e-mail])

2023-11-17 - 10:55:24 AM GMT- IP address: 104.47.85.62

Document e-signed by Chris Thurlow ([e-mail])

Signature Date: 2023-11-17 - 10:55:36 AM GMT - Time Source: server- IP address: 90.204.3.85

Agreement completed.

2023-11-17 - 10:55:36 AM GMT