2020-07-31-accounts - The Tomlinson Family Charitable Trust

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 August 2019 To 31 July 2020

Section A Reference and administration details

Charity name The Tomlinson Family Charitable Trust

Other names charity is known by Registered charity number (if any) 1124867 Charity's principal address 1[st] Floor Tower Wharf Cheese Lane, Bristol Postcode BS2 0JJ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Mr Lindsay Tomlinson	Settlor
Mrs Sarah Tomlinson	Settlor
Ludlow Trust CompanyLimited		From 06/04/2021
Coutts & Co		To 06/04/2021

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

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
Solicitors	TLT LLP	One Redcliffe Street, Bristol, BS1 6TP
Independent Examiner	Blue Spire Limited	Cawley Priory, South Pallant Chichester, West Sussex, PO19 1SY

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

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Trust deed dated 19 June 2008

(eg. trust deed, constitution)

How the charity is constituted

Trust

(eg. trust, association, company)

Trustees are appointed by the settlors during their lifetime and subject to Trustee selection methods this the trustees from time to time.

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

To further such other objects or purposes which are exclusively Summary of the objects of the charitable according to the law of England and Wales in any part of the charity set out in its world and in such manner as the trustees may in their absolute discretion governing document think fit.

TAR

March 2012

In furtherance of the charity’s objects for the public benefit the trustees provides grants in accordance with the letter of wishes. In determining the charity’s activities the trustees have had regard to the Charity Commission’s guidance on public benefit.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

Section D Achievements and performance

Summary of the main During the year under review the charity made 5 grant payments totalling achievements of the charity £179,280 as disclosed in the notes. during the year

TAR

March 2012

Section E Financial review

Brief statement of the

charity’s policy on reserves

At the end of the reporting period the charity had free reserves amounting to £7,839 (2019: £8,291).

In addition to the free reserves the charity has bank balances of £477,927 (2019: £665,686) and investment assets of £3,162,246 within the expendable endowment fund.

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.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s)[James Sansum ] On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc)

Date 23 June 2021

TAR

March 2012

Charity Name		No (if any)
The Tomlinson Family Charitable Trust		1124867
Receipts andpayments accounts			CC16a
For the period from	Period start date 01 August 2019	To Period end date 31 July 2020

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 77,086 2,054 - - - - - - 79,140 - - - 79,140 179,280 - - 1,440 - - - - - 180,720 - - - 180,720 (101,580) 101,128 8,291 7,839	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - 1,535,249 - 1,535,249 1,535,249 - 39,330 - - - - - - - 39,330 1,582,550 - 1,582,550 1,621,880 (86,631) (101,128) 665,686 477,927	Total funds to the nearest £ 77,086 2,054 - - - - - - 79,140 1,535,249 - 1,535,249 1,614,389 179,280 39,330 - 1,440 - - - - - 220,050 1,582,550 - 1,582,550 1,802,600 (188,211)	Last year to the nearest £
Income from investments	77,086				75,488
Income from bank interest	2,054				2,517
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	79,140				78,005

A2 Asset and investment sales, (see table).
Sale of investments	-				2,762,418
	-				-
*Sub total*	-				2,762,418
*Total receipts* A3 Payments
					2,840,423

Grants awarded	179,280				399,280
Inv mgmt and admin	-				42,354
Independent examiner	-				1,200
Audit fee	1,440				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	180,720				442,834

A4 Asset and investment purchases, (see table)
Investmentpurchases	-				2,380,286
	-
**Sub total **	-				2,380,286
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end **Cash funds this year end **
					2,823,120

	(101,580)	-	(86,631)	(188,211)	17,303
	101,128	-	(101,128)	-	-
	8,291	-	665,686	673,977	656,674
	7,839	-	477,927	485,766	673,977

CCXX R6 accounts (SS)

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 B4 Assets retained for the charity’s own use B3 Investment assets B2 Other monetary assets B1 Cash funds	Signature Bank fees Examiner's fees Details Details Details Investment portfolio Details (agree balances with receipts and payments account(s)) Details Capital account Income account Reserve account *Total cash funds*	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 7,839 - - - 7,839 - 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) Endowment 3,315 Unrestricted 780 - - - Print Name James Sansum On behalf of Ludlow Trust Company Limited	Endowment funds to nearest £
			41,945
			-
			435,982
			477,927
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			3,162,246
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)





			Date of approval
			23 June 2021

CCXX R7 accounts (SS)

Section C Notes to the Accounts

Section C Notes to the	Accounts	Accounts
C2 Grants to institutions C3 Related party transactions C1 Nature and purpose of funds(may be stated on analysis of funds worksheets)	Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charityand which have not been designated for otherpurposes. 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.
	Recipient - 1 grant unless annotated Frederick Ashton Royal Ballet School Royal Horticultural Society Royal Opera House Snape Maltings	£ 25,000 25,000 4,280 100,000 25,000
		179,280

	No trustee received any remuneration nor reimbiursed any expenses in the year under review. During the year under review National Westminster Bank Plc, a trustee of the charity throughout the year, were paid fees for the provision of administration and investment management services amounting to £39,330 as authorised under clause 6.2 of the trust.

CCXX R8 accounts (SS)

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

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 2020 as set out on pages 6 to 8.

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 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.

23 June 2021

Geoffrey Frost BSc(Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY