2022-09-09-accounts - The Ian Keith And Sylvia Keith 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 10 September 2021 To 09 September 2022

Section A Reference and administration details

Charity name The Ian Keith and Sylvia Keith Charitable Trust

Other names charity is known by Registered charity number (if any) 1132712

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	Royal Bank of Scotland Plc	440 The Strand, London, WC2R 0QS
Bankers	Royal Bank of Scotland Plc	440 The Strand, London, WC2R 0QS
Solicitors	Hugh James	Hodge House, 114-116 St Mary Street, Cardiff, CF10 1DY
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 10 September 2009 Type of governing document (eg. trust deed, constitution) Trust

How the charity is constituted

(eg. trust, association, company)

Trustees are appointed by the existing trustees. Trustee selection methods

(eg. appointed by, elected by)

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, by the application of income or capital, 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 15 grant awards to 8 achievements of the charity institutions totalling £27,653 as set out in the notes. during the year

TAR

March 2012

Section E Financial review

Brief statement of the

At the end of the reporting period the charity had free reserves amounting to £7,247 (2021: £879).

charity’s policy on reserves In addition to the free reserves the charity has bank balances of £68,721 (2021: £6,320) and investment assets of £2,044,318 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)[Stuart Robinson ] On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc)

Date 16 June 2023

TAR

March 2012

Charity Name No (if any) The Ian Keith and Sylvia Keith Charitable Trust 1132712 Receipts and payments accounts

CC16a

For the period Period start date Period end date To from 10 September 2021 09 September 2022

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 34,020 63 - - - - - - 34,083 - - - 34,083 27,653 - 9,591 780 - - - - - 38,024 - - - 38,024 (3,941) 10,309 879 7,247	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - 1,550,429 - 1,550,429 1,550,429 - 10,690 - - - - - - - 10,690 1,467,029 - 1,467,029 1,477,719 72,710 (10,309) 6,320 68,721	Total funds to the nearest £ 34,020 63 - - - - - - 34,083 1,550,429 - 1,550,429 1,584,512 27,653 10,690 9,591 780 - - - - - 48,714 1,467,029 - 1,467,029 1,515,743 68,769	Last year to the nearest £
Income from investments	34,020				34,139
Income from bank interest	63				14
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	34,083				34,153

A2 Asset and investment sales, (see table).
Sale of investments	-				1,455,486
	-				-
*Sub total*	-				1,455,486
*Total receipts* A3 Payments
					1,489,639

Grants awarded	27,653				50,000
Inv mgmt and admin	-				27,255
Administration services	9,591				2,242
Independent examiner	780				780
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	38,024				80,277

A4 Asset and investment purchases, (see table)
Investmentpurchases	-				1,409,063
	-
**Sub total **	-				1,409,063
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end **Cash funds this year end **
					1,489,340

	(3,941)	-	72,710	68,769	299
	10,309	-	(10,309)	-	-
	879	-	6,320	7,199	6,900
	7,247	-	68,721	75,968	7,199

CCXX R6 accounts (SS)

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	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds 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 account Income account *Total cash funds* Details Details Investment portfolio Details Details Inv mgmt Administrative services Examiner's fees Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 7,247 - - 7,247 - 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 1,917 Unrestricted 1,768 Unrestricted 780 - - Print Name Stuart Robinson On behaf of Ludlow Trust Company Limited	Endowment funds to nearest £
			68,721
			-
			-
			68,721
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			2,044,318
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)





			Date of approval
		Stuart Robinson On behaf of Ludlow Trust Company Limited	16 June 2023

CCXX R7 accounts (SS)

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be Expendable endowment funds are those which are required to be invested to produce income but which may be stated on analysis of funds worksheets) 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.

C2 Grants to institutions Recipient - 1 grant unless annotated Animal Rescue Cyprus Battersea Dogs and Cats Home 2 grants Cats In Need Cyprus 2 grants Dogs Trust 2 grants Snip International 2 grants The Donkey Sanctuary 2 grants The Guide Dogs for the Blind Association 2 grants The Peoples Dispensary for Sick Animals (PDSA) 2 grants	£ 5,403 1,000 5,000 5,000 5,000 250 1,000 5,000
	27,653

C3 Related party transactions

No trustee received any remuneration nor reimbiursed any expenses in the year under review.

During the year under review Ludlow Trust Company Limited, became a trustee of the charity from 6 April 2022, were paid fees for the provision of administration services amounting to £9,591 as authorised under clause 13 of the trust deed from appointment to the year end.

CCXX R8 accounts (SS)

Independent Examiner's Report to the Trustees of The Ian Keith and Sylvia Keith Charitable Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 09 September 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.

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