2022-07-31-accounts - The Helianthus 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 2021 To 31 July 2022

Section A Reference and administration details

Charity name The Helianthus Charitable Trust

Other names charity is known by Registered charity number (if any) 1130451

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

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Ludlow Trust CompanyLimited

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	Coutts & Co	440 The Strand, London, WC2R 0QS
Bankers	Coutts & Co	440 The Strand, London, WC2R 0QS
Solicitors	TLT LLP	One Redcliff Street, Bristol BS1 6TP
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 June 2009 Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted

(eg. trust, association, company)

Trustees are appointed the settlors or the survivors of them in their lifetime Trustee selection methods after which time trustees may be appointed by the trustees from time to (eg. appointed by, elected by) time.

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 objects of the Trust 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

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:

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 grant awards to 61 achievements of the charity institutions totalling £31,300. 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 £22,130 (2021: £8,938). In addition to the free reserves the charity has £112,345 (2021: £102,105) and investment assets of £1,685,331 within the expendable endowment fund which can be released to support the activities of the charity.

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)[Joanne Spiceley ] On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc)

Date 02 May 2023

TAR

March 2012

Charity Name No (if any) The Helianthus Charitable Trust 1130451 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01 August 2021 31 July 2022

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ - - 32,592 86 - - - - 32,678 - - - 32,678 31,300 - 780 13,434 - - - - - 45,514 - - - 45,514 (12,836) 26,028 8,938 22,130	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - 12,517 - - - - - - 12,517 1,278,665 - 1,278,665 1,291,182 - 7,980 - - - - - - - 7,980 1,246,934 - 1,246,934 1,254,914 36,268 (26,028) 102,105 112,345	Total funds to the nearest £ - 12,517 32,592 86 - - - - 45,195 1,278,665 - 1,278,665 1,323,860 31,300 7,980 780 13,434 - - - - - 53,494 1,246,934 - 1,246,934 1,300,428 23,432	Last year to the nearest £
Addition to trust	-				50,000
Gift aid received	-				-
Income from investments	32,592				27,625
Income from bank interest	86				23
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	32,678				77,648

A2 Asset and investment sales, (see table).
Sale of investments	-				1,251,941
	-				-
*Sub total*	-				1,251,941
*Total receipts* A3 Payments
					1,329,589

Grants awarded	31,300				45,350
Inv mgmt and admin	-				15,742
Independent examiner	780				780
Administrative services	13,434				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	45,514				61,872

A4 Asset and investment purchases, (see table)
Investmentpurchases	-				1,283,878
	-
**Sub total **	-				1,283,878
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					1,345,750

	(12,836)	-	36,268	23,432	(16,161)
	26,028	-	(26,028)	-	-
	8,938	-	102,105	111,043	127,204
	22,130	-	112,345	134,475	111,043

CCXX R6 accounts (SS)

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

Categories B1 Cash funds Signed by one or two trustees on behalf of all the trustees B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities	(agree balances with receipts and payments account(s)) Details Capital accounts *Total cash funds* Income accounts Details Details Investment portfolio Details Details Investment management Independent examination Administrative services Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 22,130 - 22,130 - 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 643 Unrestricted 780 Unrestricted 4,644 - - Print Name Joanne Spiceley On behalf of Ludlow Trust Company Limited	Endowment funds to nearest £
			112,345
			-
			112,345
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			Current value (optional)
			1,685,331
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
			02 May 2023

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 (One grant and UK unless indicated) Dementia UK Other grants under £1,000 60 grants	£ 10,000 21,300
		31,300

	No trustee received any remuneration nor reimbiursed any expenses in the year under review. During the year under review Ludlow Trust Company Limited, a trustee of the charity, were paid fees for the provision of administrative services amounting to £13,434 as authorised under clause 6 of the trust deed.

CCXX R8 accounts (SS)

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

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 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.

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