| The Monatrea Charitable Trust | The Monatrea Charitable Trust | The Monatrea Charitable Trust | 1170629 | 1170629 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||||||||||
| Period start date Period end date To For the period from 01.09.2023 31.08.2024 ~~ee~~ |
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| 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 | 10,232 | - | - | 10 | 10,232 | 8,677 | |||||
| Interest received | 6,000 | - | - | 6 | 6,000 | 1,942 | |||||
| Addition to trust | - | - | - | - | - | 269,000 | |||||
| Gift Aid received | - | - | - | - | - | 42,250 | |||||
| - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | ||||||
| Sub total(Gross income for | (Gross income for | ||||||||||
| AR) | AR)16,232 | - | - | 16,232 | 16,232 | 321,869 | |||||
| A2 Asset and investment sales, (see table). Sale of investments - - 360,868 360,868 103,498 - - - - - Sub total - - 360,868 360,868 103,498 Total receipts 16,232 - 360,868 377,100 425,367 ~~=e~~ |
|||||||||||
| A3 Payments | |||||||||||
| Grants awarded | 125,000 | - | - | 125 | 125,000 | 157,853 | |||||
| Investment manager fees(incl VAT) | - | - | 1,655 | 1 | 1,655 | 1,615 | |||||
| Management fees(incl VAT) | 4,090 | 4 | 4,090 | 3,853 | |||||||
| Independent Examiners fees | - | - | - | 780 | |||||||
| Cash management fee | 240 | 240 | 240 | 171 | |||||||
| Bank charges | 60 | - | - | 60 | 60 | 60 | |||||
| Legal fees | - | - | - | - | - | 384 | |||||
| - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | ||||||
| **Sub total ** | 129,390 | - | 1,655 | 131,045 | 131,045 | 164,716 | |||||
| A4 Asset and investment purchases, (see table) Investmentpurchases - - 356,977 356,977 107,896 - - - - Sub total - - 356,977 356,977 107,896 Total payments 129,390 - 358,632 488,022 272,612 Net of receipts/(payments) - 113,158 - 2,237 - 110,921 152,755 A5 Transfers between funds 123,970 - 123,970 - - A6 Cash funds last year end 12,893 161,966 174,859 22,104 Cash funds this year end 23,705 - 40,233 63,938 174,859 ~~=SesSS5~~ ~~===>~~ ~~=>~~ |
CCXX R1 accounts (SS)
16/06/2025
1
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | ||
|---|---|---|---|
| Unrestricted Restricted |
Endowment | ||
| Categories | funds funds Details |
funds | |
| to nearest £ to nearest £ |
to nearest £ | ||
| B1 Cash funds | - - 40,233 23,705 - - - - - 23,705 - 40,233 Total cash funds Capital account Income account ~~—====~~ |
||
| (agree balances with receipts and payments | |||
| OK OK account(s)) |
OK | ||
| Unrestricted Restricted |
Endowment | ||
| funds funds |
funds | ||
| to nearest £ to nearest £ Details |
to nearest £ | ||
| B2 Other monetary assets | - - - - - - - - - - - - - - - - - - ~~—=——~~ |
||
| Fund to which asset belongs Cost (optional) Details |
Current value (optional) |
||
| B3 Investment assets | Endowment - 371,722 - - - - - - - - Investment portfolio ~~ae~~ |
||
| B4 Assets retained for the charity’s own use |
Fund to which asset belongs Cost (optional) Current value (optional) - - - - - - - - - - - - - - - - - - Details ~~att~~ |
||
| Fund to which Amount due |
When due | ||
| Signed by one or two trustees on behalf of all the trustees B5 Liabilities CCXX R2 accounts (SS) |
liability relates (optional) (optional) - - - - Date of approval Details Print Name Signature 2 16/06/2025 ~~——~~ |
CCXX R2 accounts (SS)
Trustees’ Annual Report for the period
From 01 September 2023 To 31 August 2024
Charity name: The Monatrea Charitable Trust Charity registration number: 1170629
Objectives and Activities
==> picture [443 x 317] intentionally omitted <==
----- Start of picture text -----
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|---|---|---|
|SORP reference|
|Summary of the purposes of|Para 1.17|The objectives of the Trust are to further|
|the charity as set out in its|such objects or purposes which are|
|governing document|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|Para 1.17 and|In furtherance of the charity’s objects for the|
|1.19|
|activities in relation to those|public benefit the trustees provide grants.|
|purposes for the public|
|benefit, in particular, the|
|activities, projects or|
|services identified in the|
|accounts.|
|Statement confirming|Para 1.18|In determining the charity’s activities, the|
|whether the trustees have|trustees have had regard to the Charity|
|had regard to the guidance|Commission’s guidance on public benefit.|
|issued by the Charity|
|Commission on public|
|benefit|
----- End of picture text -----
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
| SORP reference | ||
|---|---|---|
| Summary of the main 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. |
Para 1.20 | During the year under review grants were made as follows: Samata Hospital Nepal £120,000 |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
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 £23,705 (2023: £12,893). In addition to the free reserves the charity has bank balances of £40,233 (2023: £161,966) and investments valued at £371,722 within the expendable endowment fund. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | 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. |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
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 Expendable endowment funds are those which are required to be invested to produce Other 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. Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed dated 11 September 2009 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trust deed |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or bodyentitled |
Para 1.25 | Trustees are appointed by the settlor during her lifetime after which time trustees may be appointed by the trustees from time to time. |
| to appoint one or more trustees |
||
|---|---|---|
| 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 £4,090 for trust administration services during the year under review as authorized under clause 6.2 of the trust deed. |
| Other |
Reference and Administrative details
| Charity name | The Monatrea Charitable Trust |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1131897 |
| Charity’s principal address | Trustees Department 1stFloor, Tower Wharf Cheese Lane, Bristol 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 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Ludlow Trust CompanyLimited |
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20
– Corporate trustees names of the directors at the date the report was approved
Director name
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
Funds held as custodian trustees on behalf of others
Additional information (optional)
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 Accountants KJF Accounting Limited 17 Sheringham Avenue, Southgate, London, N14 4UB Name of chief executive or names of senior staff members (Optional information) ~~a~~ Exemptions from disclosure Reason for non-disclosure of key personnel details
~~Oo~~ Other optional information ~~So~~
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) Katie Forder on behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) ~~a~~ Date
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinevs Report Report to the trusteesl members of The Monatrea Charitable Trust On accounts for the year ended 31st August 2024 Charity no (if any) 1131897 Set out on pages 1to2 I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3151 August 2024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act") I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: Name: Mr Keith Felton Relevant professional qualification{s) or body (if any): ACCA Address: KJF Accounting Ltd. 17 Sheringham Avenue. Southgate, London N14 4UB IER October 2018
Section B Disclosure Only complete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018
2025-06-19Monatrea-Accounts
Final Audit Report
2025-06-20
Created: 2025-06-19 By: Estera Rzepus (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAjKzcTV175TuANzIepmaYmxG6eJBeHwa6
"2025-06-19Monatrea-Accounts" History
- Document created by Estera Rzepus (Estera.Rzepus@ludlowtrust.com)
2025-06-19 - 2:36:13 PM GMT
Document emailed to Katie Forder (katie.forder@ludlowtrust.com) for signature 2025-06-19 - 2:36:18 PM GMT
- Email viewed by Katie Forder (katie.forder@ludlowtrust.com)
2025-06-20 - 12:29:18 PM GMT
- Document e-signed by Katie Forder (katie.forder@ludlowtrust.com) Signature Date: 2025-06-20 - 12:34:47 PM GMT - Time Source: server
Agreement completed.
2025-06-20 - 12:34:47 PM GMT