2022-06-30-accounts

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

a	A	From	From	Period start date Day 01 Month July	Period start date Day 01 Month July	Year 2021	Period end date Day 30 Month June
Section A Reference and administration details	Section A Reference and administration details	Section A Reference and administration details	Section A Reference and administration details	Section A Reference and administration details		Section A Reference and administration details
			Charity name		Charity nameThe Dinswade Trust

	Other names charity is known by Registered charity number (if any)				Other names charity is known by Registered charity number (if any)1127198 ~~———~~
	Charity's principal address				Charity's principal address Trustee Department 1stFloor, Tower Wharf Cheese Lane, Bristol Postcode BS2 0JJ ~~————~~
	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity
	Trustee name		Office (if any)		Dates acted if not for whole year		Name of person (or body) entitled to appoint trustee (ifany)
1 Mr C H Parker	1 Mr C H Parker
2 Mrs M A S Parker	2 Mrs M A S Parker
3 Ms S M Whitehead	3 Ms S M Whitehead
4 Miss J E A Parker	4 Miss J E A Parker
5 Mrs C D Hind	5 Mrs C D Hind
6	Ludlow Trust CompanyLimited
7	7
8	8
9	9
10	10
11	11
12	12
13	13
14	14
15	15
16	16
17	17
18	18
19	19
20	20

Section A Reference and administration details

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
Investment Managers	Handelsbanken	No.1 Kingsway, London, WC2B 6AN
Bankers	NatWest Bank Plc	440 The Strand, London, WC2R 0QS
Solicitors
Independent Examiners	Geoffrey Frost	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

Trust deed dated 29 May 2008 as amended by resolution 10 December Type of governing document 2008. (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Trustees are ultimately appointed by the existing trustees. Trustee selection methods

(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

Summary of the objects of the charity set out in its governing document

The trustees must apply the income of the charity for such charitable purposes as the trustees from time to time at their absolute discretion 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 4 grants to 3 achievements of the charity organisations totalling £215,000. during the year

TAR

March 2012

Section E Financial review At the end of the reporting period the charity had free reserves amounting Brief statement of the to £5,710 (2021: £29,646). charity’s policy on reserves In addition to the free reserves the charity has bank balances of £246,728 (2021: £431,644) and investment assets of £1,356,136 and £1,889,736 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)[Katherine Forder ] On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date 14 April 2023 TAR 5

March 2012

Charity Name			No (if any)
The Dinswade Trust			1127198
Receipts andpayments accounts					CC16a
For the period from ~~ee~~	Period start date 01 July2021 ~~ee ~~	To ~~ee~~	Period end date 30 June 2022 ~~ee~~
Section A Receipts and payments
Unrestricted funds	Restricted funds	Endowment funds	Total 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 21,525	-	-	21	21,525	23,466
Income from bank interest 93	-	-	93	93	21
Donation to Trust -	-	2,000,000	2	2,000,000	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-

*Sub total*(Gross income for AR)	(Gross income for AR) 21,618	-	2,000,000	2,021,618	23,487
A2 Asset and investment sales, (see table). Sale of investments - - 779,463 779,463 1,000,033 - - - - - Sub total - - 779,463 779,463 1,000,033 Total receipts 21,618 - 2,779,463 2,801,081 1,023,520 ~~———_——~~
A3 Payments
Grants awarded	215,000	-	-	215,000	360,000
Inv mgmt and admin	-	-	6,714	6,714	22,466
Independent examination	1,620	-	-	1,620	1,620
Administrative services	13,560	-	-	13,560	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
**Sub total **	230,180	-	6,714	236,894	384,086
A4 Asset and investment purchases, (see table) Investmentpurchases - - 2,773,039 2,773,039 1,077,136 - - - - Sub total - - 2,773,039 2,773,039 1,077,136 Total payments 230,180 - 2,779,753 3,009,933 1,461,222 *Net of receipts/(payments)* (208,562) - (290) (208,852) (437,702) A5 Transfers between funds 184,626 - (184,626) - - A6 Cash funds last year end 29,646 - 431,644 461,290 898,992 Cash funds this year end 5,710 - 246,728 252,438 461,290 ~~—————~~ ~~eaSaa=~~

CCXX R6 accounts (SS)

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	- - 246,728 5,710 - - - - 5,710 - 246,728 Capital account Income account Reserve account *Total cash funds* ~~—====~~
	(agree balances with receipts and payments	(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	- - - - - - - - - - - - - - - - - - ~~—=_—=~~
	Details		Fund to which asset belongs Cost (optional)	Current value (optional)
B3 Investment assets	Endowment - 1,356,136 Endowment - 1,889,736 - - - - - - Investment portfolio Handelsbanken portfolio ~~se~~
	Details		Fund to which asset belongs Cost (optional)	Current value (optional)
B4 Assets retained for the charity’s own use	- - - - - - - - - - - - - - - - - - ~~eee~~
			Fund to which Amount due	When due
	Details		liability relates (optional)	(optional)
Signed by one or two trustees on behalf of all the trustees B5 Liabilities	Endowment 1,676 Endowment 6,104 Unrestricted 780 Unrestricted 3,337 - Date of approval Inv mgmt and admin - Coutts Inv mgmt and admin - Handelsbanken Independent examination Administrative services Signature Print Name Katherine Forder On behalf of Ludlow Trust Company Limited 14 April 2023 ~~aoe~~

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 London Business School University of Manchester 2 grants WaterAid	£ 60,000 80,000 75,000
		215,000

	No trustee received any remuneration nor reimbursed any expenses in the year under review. During the year under review Ludlow Trust Company Limited, a trustee of the charity, was paid administrative services amounting to £13,560 as authorised under clause 25 the trust deed.	fees for

CCXX R8 accounts (SS)

Independent Examiner's Report to the Trustees of The Dinswade Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 June 2022 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.

17 April 2023 Geoffrey Frost BSc(Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY

~~——=_—————~~ Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Additional governance issues (Optional information)

Section C Objectives and activities

Additional details of objectives and activities (Optional information)

Section B Statement of assets and liabilities at the end of the period

Independent Examiner's Report to the Trustees of The Dinswade Trust

Responsibilities and basis of report

Independent examiner's statement

——=_————— Name Dates acted if not for whole year