Rosemary Constance Reeve Angel Charitable Trust 1113877 Receipts and payments accounts CC16a For the period Period start date Period end date To from 17.02.2023 16.08.2024 ~~ee ee ee ee~~
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 | |||||||||
| Investment income | 105,856 | - | - | 105,856 | 48,681 | ||||
| Interest | 5,306 | - | - | 5,306 | 848 | ||||
| - | - | - | - | - | |||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) |
(Gross income for AR) 111,162 |
- | - | 111,162 | 49,529 | ||||
| A2 Asset and investment sales, (see table). Sale of investments - - 2,936,674 2,936,674 1,795,542 - - - - - Sub total - - 2,936,674 2,936,674 1,795,542 Total receipts 111,162 - 2,936,674 3,047,836 1,845,071 ~~——————~~ |
|||||||||
| A3 Payments | |||||||||
| Grants awarded | - | - | - | - | 196,466 | ||||
| Investment management fees (VAT | |||||||||
| inclusive) | - | - | 17,546 | 17,546 | 12,254 | ||||
| Trust administration fees (VAT inclusive) | |||||||||
| 19,215 | - | - | 19,215 | 13,936 | |||||
| Independent Examiners fees | 780 | - | - | 780 | 780 | ||||
| Bank charges | - | - | - | - | 72 | ||||
| Cash management fees | 160 | - | - | 160 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | 20,155 | - | 17,546 | 37,701 | 223,508 | ||||
| A4 Asset and investment purchases, (see table) Investmentpurchases - - 2,949,494 2,949,494 1,657,734 - - - - Sub total - - 2,949,494 2,949,494 1,657,734 Total payments 20,155 - 2,967,040 2,987,195 1,881,242 ~~——=—=———~~ |
|||||||||
| Net of receipts/(payments) 91,007 - 30,366 A5 Transfers between funds 17,815 - 17,815 A6 Cash funds last year end 14,879 72,060 Cash funds this year end 123,701 - 23,879 ~~=SSSS~~ |
60,641 - 86,939 147,580 |
60,641 - 147,580 |
- 36,171 - 123,110 86,939 |
CCXX R1 accounts (SS)
03/04/2025
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 Chris Thurlow (Apr 14, 2025 10:48 GMT+1) |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - 123,701 - - - 123,701 - 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 £ |
| 23,879 | |||
| - | |||
| - | |||
| 23,879 | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| 2,644,614 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Chris Thurlow (Apr 14, 2025 10:48 GMT+1) | Chris Thurlow on behalf of Ludlow Trust CompanyLimited |
||
CCXX R2 accounts (SS)
03/04/2025
2
Trustees’ Annual Report for the period
From 17 February 2023 To 16 August 2024
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) 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: |
|---|---|---|
| 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 did not make any grants. |
| 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 £123,701 (2023: £14,879). In addition to the free reserves the charity has bank balances of £23,879 (2023: £72,060) and investments valued at £2,644,614 within the expendable endowment fund. |
| 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 | |
| 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 (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 body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed by the existing 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 nor reimbursed any expenses in the year under review. |
During the year Ludlow Trust Company were paid fees for trust administration services of £19,215. 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 |
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 |
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– 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
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 | NatWest Bank Plc | 440 The Strand, London, WC2R 0QS |
| Bankers | NatWest Bank Plc | 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
The trustees resolved to change the accounting year end to 16 August and therefore these accounts cover the extended accounting period from 17 August 2023 to 16 August 2024.
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
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Signature(s)
Chris Thurlow (Apr 14, 2025 10:48 GMT+1)
Full name(s) Chris Thurlow on behalf of Ludlow
Trust Company Limited
Position (eg Secretary,
Chair, etc)
Date
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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of Rosemary Constance Reeve Angel Charitable Trust On accounts for the year ended 16thAugust 2024 Charity no (if any) 1113877 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above th charity ("the Trust.) for the period ended 16 August 2024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordan 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. 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 accordan with section 130 of the Act or the accounts do not accord vrfith the accounting records 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: Name: Mr Keith Felton Relevant professional qualification(s) or body {if 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.. directions and guidance for examiners). IER October 2018
Give here brief detalls of any items that the examiner wishes to disclose. IER October 2018
2025-02-14Angel-ReceiptsAndPayments
Final Audit Report
2025-04-14
Created: 2025-04-14 By: Estera Rzepus (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAVzl5XMWuGX6nIqGHFIsaw9zOgs3wlurf
"2025-02-14Angel-ReceiptsAndPayments" History
- Document created by Estera Rzepus (Estera.Rzepus@ludlowtrust.com)
2025-04-14 - 8:24:53 AM GMT
Document emailed to Chris Thurlow (chris.thurlow@ludlowtrust.com) for signature 2025-04-14 - 8:24:58 AM GMT
-
Email viewed by Chris Thurlow (chris.thurlow@ludlowtrust.com) 2025-04-14 - 9:48:36 AM GMT
-
Document e-signed by Chris Thurlow (chris.thurlow@ludlowtrust.com) Signature Date: 2025-04-14 - 9:48:48 AM GMT - Time Source: server
Agreement completed.
2025-04-14 - 9:48:48 AM GMT