2024-12-31-accounts

Trustees’ Annual Report for the period

From 01 January 2024 To 31 December 2024

Charity name: The Statham Family Charitable Trust Charity registration number: 1127476

Objectives and Activities

Objectives and Activities	Objectives and Activities	Objectives and Activities
SORP reference
Summary of the purposes of the charity as set out in its governing document Para 1.17 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.
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:

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

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SORP reference
Summary of the main Para 1.20 During the year under review the charity
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SORP reference	SORP reference	SORP reference
Summary of the main	Para 1.20	During the year under review the charity
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.		made grant awards to four charities totalling £49,274: - The National Trust: £14,274 - The Salvation Army: £15,000 - Priority Youth Project: £5,000 - The Outward Bound Trust: £15,000

Additional information (optional) You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review	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 £676 (2023: £10,277). In addition to the free reserves the charity has bank balances of £11,917 (2023: £19,346) and investments valued at £382,615 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.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22

Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially in Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern

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

Structure, Governance and Management

Structure, Governance and Management	Structure, Governance and Management	Structure, Governance and Management
Description of charity’s trusts:
Type of governing document (trust deed, royal charter) Para 1.25 Trust deed dated 17 December 2008
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 settlors or survivors of them, during their lifetimes and subject to this by the 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 or was reimbursed any expenses in the year under review.

Ludlow Trust Company Limited was paid £3,400 (2023: £3,316) for trust administration services and cash management fees during the year under review. These fees are authorized under clause 6 of the trust deed.	Ludlow Trust Company Limited was paid £3,400 (2023: £3,316) for trust administration services and cash management fees during the year under review. These fees are authorized under clause 6 of the trust deed.	Ludlow Trust Company Limited was paid £3,400 (2023: £3,316) for trust administration services and cash management fees during the year under review. These fees are authorized under clause 6 of the trust deed.
Other

Reference and Administrative details

Reference and Administrative details	Reference and Administrative details
Charity name The Statham Family Charitable Trust
Other name the charity uses
Registered charity number 1127476
Charity’s principal address	Trustees Department 1stFloor, Tower Wharf Cheese Lane, Bristol BS2 0JJ

Names of the charity trustees who manage the charity

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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
Ludlow Trust
3
Company Limited
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved Director name Gary St John Collins Walter Duncan Coxon Ali Reza Sarikhani Ziba Christina Sakine Sarikhani Christopher Ian Thurlow Matthew John Wickers

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)

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Type of adviser Name Address
Investment Managers Coutts & Co 440 Strand, London, WC2R 0QS
Bankers Coutts & Co 440 Strand, London, WC2R 0QS
Accountants Charter Tax Consulting 8 [th] Floor, 1 Southampton Street, London,
Limited WC2R 0LR
Independent examiner Geoffrey Frost Blue Spire Limited, Cawley Priory, South
Pallant, Chichester, PO19 1SY
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Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details ~~SC~~ Other optional information ~~ee~~ 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) David Breach Position (eg Secretary, On behalf of Ludlow Trust Chair, etc) Company Ltd (Trustee) Date 23 October 2025

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||||||||| |---|---|---|---|---|---|---|---| |The Statham Family Charitable Trust|1127476| |Receipts and payments accounts|CC16a| |For the period|Period start date|Period end date| |To| |from|01.01.2024|31.12.2024| |es|ee| |Section A Receipts and payments| |Unrestricted|Restricted|Endowment| |Total funds|Last year| |funds|funds|funds| |to the nearest £|to the nearest £|to the nearest £|to the nearest £|to the nearest £| |A1 Receipts| |Income from investments|9,399|-|-|9,399|8,797| |Interest received|1,253|-|-|1,253|921| |Addition from settlor|-|-|-|-|69,760| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |Sub total|(Gross income for| |AR)|[ 10,652 ]|-|-|10,652|79,478| |A2 Asset and investment sales,| |(see table).| |Sale of investments|-|-|360,828|360,828|179,801| |-|-|-|-|-| |Sub total|-|-|360,828|360,828|179,801| |Total receipts|10,652|-|360,828|371,480|259,279| |S5|55| |A3 Payments| |Grants awarded|49,274|-|-|49,274|60,274| |Investment management fees (VAT| |inclusive)|-|-|1,770|1,770|1,654| |Trust administration fees (VAT inclusive)|3,360|-|-|3,360|3,245| |Cash management charges|40|-|-|40|71| |Independent Examiners fees|-|-|-|-|600| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |Sub total|[ 52,674 ]|-|1,770|54,444|65,844| |A4 Asset and investment| |purchases, (see table)| |Investment purchases|-|-|334,066|334,066|181,214| |-|-|-|-|-| |Sub total|[ - ]|-|334,066|334,066|181,214| |S5|Total payments|52,674|-|55|335,836|388,510|247,058| |Net of receipts/(payments)|- 42,022|-|24,992|- 17,030|12,221| |A5 Transfers between funds|32,421|- - 32,421|-|-| |A6 Cash funds last year end|10,277|- 19,346|29,623|17,402| |Cash funds this year end|——S=|676|-|11,917|==>|12,593|29,623|

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CCXX R1 accounts (SS)

23/10/2025

1

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

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|||||| |---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|Capital account|-|-|11,917| |Income account| |676|-|-| |-|-|-| |Total cash funds|676|-|11,917| |Se| |(agree balances with receipts and payments| |account(s))|OK|OK|OK| |5| |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|Investment portfolio|Endowment|-|382,615| |-|-| |-|-| |-|-| |-|-| |=|S=| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |a| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities| |-| |-| |-| |-| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |David Breach on behalf of Ludlow Trust| |23 October 2025| |Company Ltd (Trustee)| || |2|23/10/2025|

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CCXX R2 accounts (SS)

23/10/2025

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 2024.

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:

1. 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.

Geoffrey Frost BSc(Hons) FCA Date 23 October 2025 Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY