2023-09-09-accounts

The Ian Keith and Sylivia Keith Charitable Trust 1132712 Receipts and payments accounts CC16a For the period Period start date Period end date To from 10.09.2022 09.09.2023

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 50,611 1,495 - - - - - - 52,106 - - - 52,106 25,100 - - - 169 - - - - 25,269 - - - 25,269 26,836 - 7,247 34,083	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ 1,298 200,000 - - - - - 201,298 619,192 - 619,192 820,490 - 9,756 9,045 780 - 33 - - - 19,614 651,702 - 651,702 671,316 149,174 - 68,721 217,895	Total funds to the nearest £ 50,611 2,792 200,000 - - - - - 253,404 619,192 - 619,192 872,595 25,100 9,756 9,045 780 169 33 - - - 44,884 651,702 - 651,702 696,586 176,010 - 75,968 251,978	Last year to the nearest £
Income from investments	50,611				34,020
Interest received	1,495				63
Addition from Settlor	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
Sub total(Gross income for AR)	52,106				34,083
A2 Asset and investment sales, (see table).
Sale of investments	-				1,550,429
	-				-
Sub total	-				1,550,429
Total receipts A3 Payments
					1,584,512
Grants awarded	25,100				27,653
Investment manager fees (including VAT)	-				10,690
Trust administration fees (including VAT)	-				9,591
Independent Examiners fees	-				780
Cash mamagement fees	169				-
Bank charges	-				-
	-				-
	-				-
	-				-
**Sub total **	25,269				48,714
A4 Asset and investment purchases, (see table)
Investmentpurchases	-				1,467,029
	-
**Sub total **	-				1,467,029
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
					1,515,743
	26,836	-	149,174	176,010	68,769
	-		-	-	-
	7,247		68,721	75,968	7,199
	34,083	-	217,895	251,978	75,968

CCXX R1 accounts (SS)

08/07/2024

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	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 B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Investment portfolio Details Total cash funds (agree balances with receipts and payments account(s)) Capital account Income account Details Details Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 34,083 - - - 34,083 - 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) - - - - Print Name Chris Thurlow on behalf of Ludlow Trust CompanyLimited	Endowment funds to nearest £
			217,895
			-
			-
			217,895
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			2,046,408
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
		Chris Thurlow on behalf of Ludlow Trust CompanyLimited

CCXX R2 accounts (SS)

08/07/2024

2

Trustees’ Annual Report for the period

From 10 September 2022 To 09 September 2023

Charity name: The Ian Keith and Sylvia Keith Charitable Trust Charity registration number: 1132712

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 trust are to further such objects or purposes which are exclusively charitable, by the application of income or capital, according to the laws 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:	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:
	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 the charity made grants to nine charities totalling £25,100.

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 £34,083 (2022: £7,247). In addition to the free reserves the charity has bank balances of £217,895 (2022: £68,721) and investments valued at £2,046,408 within the expendable endowment fund which can be released to support the activities of the charity.
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 10 September 2009
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 existing trustees.

Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant 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 £9,045 for trust administration services during the year under review. These fees are authorised under clause 13 of the trust deed.
Other

Reference and Administrative details

Charity name	The Ian Keith and Sylvia Keith Charitable Trust
Other name the charity uses
Registered charity number	1132712
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 (ifany)
	Ludlow Trust CompanyLimited

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)

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	2ndFloor, Trinity Quay II, Avon Street, Bristol BS2 2DH
Bankers	Royal Bank of Scotland	2ndFloor, Trinity Quay II, Avon Street, Bristol BS2 2DH
Accountants	KJF Accounting Limited	17 Sheringham Avenue, Southgate, London, N14 4UB

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

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) Chris Thurlow On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examine¢s Report Report to the trusteesl members of The lan Keith and Sylvia Keith Charitable Trust On accounts for the year ended 91h September 2023 Charity no (if any) 1132712 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above chanty I'the Trust") for the year ended 9" September 2023. 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 r8POrt in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the Act. I have completed my examination, I confimi that no material matters have come lo my attention in connection with the examination which gives m8 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 examinerfs Statement I havè no concems and have come across no other matters in connection with the examination to which attention should bè drawn in order lo enable a proper understanding ofthe accounts to be reached. Signed.. Date: I i - OL ..-LL)L4 Name: Mr Keith Felton Relevant professlonal qualificationls) 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 cOn￿M (see CC32, Independent examination of charity accourrts.. directions and guidan￿ for examiners). Give here brlef details of any Items that the examlner wlshes to disclose. IER October 2018

2024-07-08ReceiptsAndPayments

Final Audit Report

2024-07-08

Created: 2024-07-08 By: Estera Rzepus ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAbUiPpX0b5W2wjtJKGIUMlOltQmxifpnm

"2024-07-08ReceiptsAndPayments" History

Document created by Estera Rzepus ([e-mail]) 2024-07-08 - 11:23:12 AM GMT

Document emailed to Chris Thurlow ([e-mail]) for signature 2024-07-08 - 11:23:16 AM GMT

Email viewed by Chris Thurlow ([e-mail]) 2024-07-08 - 11:25:05 AM GMT

Document e-signed by Chris Thurlow ([e-mail]) Signature Date: 2024-07-08 - 11:25:18 AM GMT - Time Source: server

Agreement completed.

2024-07-08 - 11:25:18 AM GMT