2023-10-10-accounts

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The Thomas Moffitt	Clark Charitable Trust	Clark Charitable Trust	1123591
Receipts andpayments accounts					CC16a
For the period from	11.10.2022 Period start date	To	10.10.2023 Period end date

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 25,410 254 - - - - - - 25,664 - - - 25,664 - - - - 20 - - - - 20 - - - 20 25,645 - 14,300 10,827 22,172	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ 764 - - - - - - 764 409,385 - 409,385 410,149 68,500 5,216 4,645 780 - 18 - - - 79,159 391,744 - 391,744 470,903 - 60,755 14,300 53,961 7,506	Total funds to the nearest £ 25,410 1,018 - - - - - - 26,428 409,385 - 409,385 435,813 68,500 5,216 4,645 780 20 18 - - - 79,179 391,744 - 391,744 470,923 - 35,110 - 64,788 29,679	Last year to the nearest £
Income from investments	25,410				19,834
Interest received	254				100
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
Sub total(Gross income for AR)	25,664				19,934
A2 Asset and investment sales, (see table).
Sale of investments	-				875,314
	-				-
Sub total	-				875,314
Total receipts A3 Payments
					895,248
Grants awarded	-				22,000
Investment manager fees (including VAT)	-				5,830
Trust administration fees (including VAT)	-				6,492
Independent Examiners fees	-				-
Cash management fee	20				-
Bank charges	-				-
	-				-
	-				-
	-				-
**Sub total **	20				34,322
A4 Asset and investment purchases, (see table)
Investmentpurchases	-				819,982
	-
**Sub total **	-				819,982
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
					854,304
	25,645	-	- 60,755	- 35,110	40,944
	- 14,300		14,300	-	-
	10,827		53,961	64,788	23,844
	22,172	-	7,506	29,679	64,788

CCXX R1 accounts (SS)

26/06/2024

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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Details Details Capital account Income account Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Investment portfolio	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 22,172 - - - 22,172 - 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 £
			7,506
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			-
			7,506
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			1,055,414
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			-
			-
			-
			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)

26/06/2024

2

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Trustees’ Annual Report for the period

From 11 October 2022 To 10 October 2023

Charity name: The Thomas Moffitt Clark Charitable Trust Charity registration number: 1123591

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The Deed of the Settlement authorizes the trustees to apply the income or capital 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. The trustees will take into account the Letter of Wishes which requests that consideration be given to benefit the following charities: Guide Dogs for the Blind Great Ormond Street Hospital RSPB National Trust Sight Savers International World Cancer Research Fund Friends of the Lake District Eden Valley Hospice Orton & District Public Hall
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) 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 made grants to five charities amounting to £68,500.
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	At the end of the reporting period the charity had free reserves of £22,172 (2022: £10,827). In addition to the free reserves the charity has bank balances of £7,506 (2022: £53,961) and investments valued at £1,055,414 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 10 October 2007
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 or was reimbursed any expenses in the year under review. Ludlow Trust Company Limited was paid £4,645 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	The Thomas Moffitt Clark Charitable Trust
Other name the charity uses
Registered charity number	1123591
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	NatWest	2ndFloor, Trinity Quay II, Avon Street, Bristol BS2 2DH
Bankers	NatWest	2ndFloor, Trinity Quay II, Avon Street, Bristol BS2 2DH
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 examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of The Thomas Moffitt Clark Charitable Trust On accounts for the year ended 10" October 2023 Charity no (if any) 1123591 Set out on pages 1to2 I report to the trustees on my examination of the ac¢ounts of the above charity I'the Trust") for the year ended 10" October 2023. 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 r8POrt 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 th8 Charity Commission under section 145151{bl of the Act. I have compl8led my examination. I confirm that no material matters have come to my altention in connection with the 8xamination which gives me cause to b81ieve that in, any material ospect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concems and have come across no other matters in connection with the 8xamination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Slgned: Date: Name: Mr Keith Felton Relevant professional qualificationls) or body (if any): ACCA Address: KJF Accounling Ltd, 17 Sheringham Avenue, Southgate, London N14 4U8 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 brfef details of any ilems that the examiner wishes to disclose. IER October 2018

2024-07-02Accounts

Final Audit Report

2024-07-02

Created: 2024-07-02 By: Estera Rzepus ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAApYPmi_2Nh3RSBZUw0ECl3JnqYWhcgbqX

"2024-07-02Accounts" History

Document created by Estera Rzepus ([e-mail]) 2024-07-02 - 10:13:50 AM GMT

Document emailed to Chris Thurlow ([e-mail]) for signature 2024-07-02 - 10:13:55 AM GMT

Email viewed by Chris Thurlow ([e-mail]) 2024-07-02 - 10:30:40 AM GMT

Document e-signed by Chris Thurlow ([e-mail]) Signature Date: 2024-07-02 - 10:30:48 AM GMT - Time Source: server

Agreement completed.

2024-07-02 - 10:30:48 AM GMT