Trustees' Annual Report for the period
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|Period start date|Period end date|
|Day|Month|Year|Day|Month|Year|
|A|From|01|January|2021|To|31|December|2021|
|Section A Reference and administration details|
|Charity name|The Statham Family Charitable Trust|
|Other names charity is known by|
|Registered charity number (if any)|1127476|
|———|
|Charity's principal address|Trustee Department|
|1|[st]|Floor, Tower Wharf|
|Cheese Lane, Bristol|
|Postcode|BS2 0JJ|
|————|
|Names of the charity trustees who manage the charity|
|Dates acted if not for whole|Name of person (or body) entitled|
|Trustee name|Office (if any)|
|year|to|appoint|trustee|(if any)|
|1 Gordon Statham|
|2 Alison Jane Statham|
|3 Coutts & Co|To 06 April 2021|
|From 06 April 2021|
|4|[Ludlow Trust ]|
|Company Limited|
|5|
|6|
|7|
|8|
|9|
|10|
|11|
|12|
|13|
|14|
|15|
|16|
|17|
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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
1
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 |
| Solicitors | TLT LLP | One Redcliffe Street, Bristol, BS1 6TP |
| Independent examiner | 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 17 December 2008 Type of governing document
- (eg. trust deed, constitution)
How the charity is constituted
Trust
- (eg. trust, association, company)
Trustees are appointed by the settlors, or survivors of them, during their Trustee selection methods lifetimes and subject to this by the trustees. (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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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 objects of the charity are to further such objects or purposes which are exclusively charitable according to the law of England and Wales in any part of the world and in such manner as the trustees may in their absolute discretion think fit.
TAR
March 2012
2
In furtherance of the charity’s objects for the public benefit the trustees provides grants. 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:
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policy on grantmaking;
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policy programme related investment;
-
contribution made by volunteers.
TAR
March 2012
3
Section D Achievements and performance
Summary of the main During the year under review the charity made grant payments totalling achievements of the charity £42,500 as shown in the notes. during the year
TAR
March 2012
4
Section E Financial review At the end of the reporting period the charity had free reserves amounting Brief statement of the to £2,669 (2020: £2,142). charity’s policy on reserves In addition to the free reserves the charity has bank balances of £32,642 (2020: £15,804) and investment assets of £380,307 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)[David Breach ] On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date 24 August 2022 TAR 5 March 2012
March 2012
5
| Charity Name | No (if any) | No (if any) | |||||
|---|---|---|---|---|---|---|---|
| The Statham Family Charitable Trust | 1127476 | ||||||
| Receipts andpayments accounts | CC16a | ||||||
| For the period from ~~ee~~ |
Period start date 01 January2021 ~~ee ~~ |
To ~~ee~~ |
Period end date 31 December 2021 ~~ee~~ |
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| 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 6,203 |
- | - | 6,203 | 5,524 | |||
| Income from bank interest 6 |
- | - | 6 | 34 | |||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| - | - | - | - | - |
| Sub total(Gross income for AR) |
(Gross income for AR) |
6,209 | - | - | 6,209 | 5,558 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| A2 Asset and investment sales, (see table). Sale of investments - - 245,429 245,429 215,436 - - - - - Sub total - - 245,429 245,429 215,436 Total receipts 6,209 - 245,429 251,638 220,994 ~~———_——~~ |
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| A3 Payments | ||||||||||
| Grants awarded | 42,500 | - | - | 42,500 | - | |||||
| Inv mgmt and admin | - | - | 3,885 | 3,885 | 5,813 | |||||
| Independent examination | - | - | - | - | 740 | |||||
| Accountancyfees | 630 | - | - | 630 | - | |||||
| Administrative fees | 1,884 | - | - | 1,884 | - | |||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| **Sub total ** | 45,014 | - | 3,885 | 48,899 | 6,553 | |||||
| A4 Asset and investment purchases, (see table) Investmentpurchases - - 185,374 185,374 220,102 - - - - Sub total - - 185,374 185,374 220,102 Total payments 45,014 - 189,259 234,273 226,655 Net of receipts/(payments) (38,805) - 56,170 17,365 (5,661) A5 Transfers between funds 39,332 - (39,332) - - A6 Cash funds last year end 2,142 - 15,804 17,946 23,607 Cash funds this year end 2,669 - 32,642 35,311 17,946 ~~—————~~ ~~eaSaa=~~ |
CCXX R6 accounts (SS)
6
Section B Statement of assets and liabilities at the end of the period
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|---|---|---|---|---|
|The Statham Family Charitable|Unrestricted|Restricted|Endowment|
|Categories|Trust|funds|funds|funds|
|to nearest £|to nearest £|to nearest £|
|B1 Cash funds|Capital account|-|-|32,642|
|Income account|
|2,669|-|-|
|Reserve account|
|-|-|-|
|Capital account 2|-|-|-|
|Income account 2|
|-|-|-|
|Reserve account 2|
|-|-|-|
|Total cash funds|2,669|-|32,642|
|—===|
|(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|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|—==—|
|Fund to which|Current value|
|Details|asset belongs|Cost (optional)|(optional)|
|B3 Investment assets|Investments|Endowment|-|380,307|
|-|-|
|-|-|
|-|-|
|-|-|
|===|
|Fund to which|Current value|
|Details|asset belongs|Cost (optional)|(optional)|
|B4 Assets retained for the|-|-|
|charity’s own use|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|===|
|Fund to which|Amount due|When due|
|Details|liability relates|(optional)|(optional)|
|B5 Liabilities|Investment management|Endowment|455|
|Administrative services|Unrestricted|971|
|Independent examination|Unrestricted|780|
|-|
|-|
|Signed by one or two trustees on|Date of|
|behalf of all the trustees|Signature|Print Name|approval|
|David Breach|24 August 2022|
|On behaf of Ludlow Trust Company|
|Limited|
|ae|
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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) |
The Statham FamilyCharitable Trust | |
| 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 payment unless annotated Staffordshire Wildlife Trust Fine Cell Work |
£ 40,000 2,500 |
|
| 42,500 | ||
| No trustee received any remuneration nor reimbiursed any expenses in the year under review. During the year under review Coutts & Co, a trustee of the charity to April 2021, were paid fees for the provision of administration and investment management services amounting to £2,921 during the period as a trustee. Ludlow Trust Company Limited was appointed trustee to the charity in April 2021 and was paid fees of £1,884 between appointment the period end. These fees are authorised under clause 6 of the trust deed. |
CCXX R8 accounts (SS)
8
Independent Examiner's Report to the Trustees of The Statham Family Charitable Trust
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021 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.
24 August 2022
Geoffrey Frost BSc(Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
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