## **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