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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 10.09.24 09.09.25
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
Investment income 46,794 - - 46,794 61,115
Interest 9,234 - - 9,234 10,249
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
56,028 - 56,028 71,364
AR)
A2 Asset and investment sales,
(see table).
Sale of investments - - 619,884 619,884 2,158,118
- - - - -
Sub total - - 619,884 619,884 2,158,118
Total receipts 56,028 - 619,884 675,912 2,229,482
A3 Payments
Grants awarded 53,565 - - 53,565 103,673
Investment manager fees (VAT inclusive)
- 10,829 10,829 10,018
Trust administration fees (VAT inclusive)
13,785 - 13,785 13,305
Accounts preparation 600 600 600
Independent Examiners fees 180 - - 180 180
Bank charges - - - - 1
Cash management fees 361 - - 361 396
- - - - -
- - - - -
- - - - -
Sub total [ 68,491 ] - 10,829 79,320 128,173
A4 Asset and investment
purchases, (see table)
Investment purchases - - 610,303 610,303 2,148,725
- - - -
Sub total [ - ] - 610,303 610,303 2,148,725
Total payments 68,491 - 621,132 689,623 2,276,898
Net of receipts/(payments) - 12,463 - 1,248 - 13,711 - 47,416
A5 Transfers between funds 12,792 - 12,792 - -
A6 Cash funds last year end 128 204,434 204,562 251,978
Cash funds this year end 457 - 190,394 190,851 204,562
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CCXX R1 accounts (SS) 01/05/2026 1 |**Section B Statement of assets and liabilities at**|**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**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
Per electronic approval
**Details**
**Details**
Capital account
Income account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Investment portfolio|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**457**
**-**
**-**
**-**
**457**
**-**
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 Company Limited|**Endowment**
**funds**
**to nearest £**
**190,394**
**-**
**-**| ||||**190,394**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**2,418,867**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
Per electronic
approval| CCXX R2 accounts (SS) 01/05/2026 2 ## **Trustees’ Annual Report for the period** ## **From 10 September 2024 To 09 September 2025** ## **Charity name: The Ian Keith and Sylvia Keith Charitable Trust Charity registration number: 1132712** ## **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 in
accordance with the letter of wishes.||| |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)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant 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** **----- Start of picture text -----**
SORP reference
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|**Achievements and Performance**|**Achievements and Performance**|**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 totalling £53,565 were made to
7 organisations.| **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set
Para 1.41|Achievements against
objectives set
Para 1.41|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** **----- Start of picture text -----**
Review of the charity’s Para 1.21 At the end of the reporting period the charity
financial position at the end had free reserves of £457 (2024: £128).
of the period
In addition to the free reserves the charity
has bank balances of £190,394 (2024:
£204,434) as well as £2,418,867 held as
investments within the endowment fund.
Statement explaining the Para 1.22 The Trustees pursue a policy of maintaining
policy for holding reserves a free reserve available to be spent in the
furtherance of the charity’s objectives as
stating why they are held
well as covering future needs, opportunities,
contingencies and risks.
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
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## **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 Para 1.46 adopted Para 1.46 A description of the principal risks facing the charity 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:|Description of charity’s
trusts:|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 deed||| |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 settlor during
their lifetime and by the trustees from time
to time.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |**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 nor
reimbursed any expenses in the year under
review.
During the year Ludlow Trust Company
were paid fees for trust administration
services of £13,785 and cash management
fees of £361.||| |Other||| ## **Reference and Administrative details** |**Reference and Administrative details**|**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|Ludlow Trust Co Ltd
Tower Wharf
Cheese Lane
BRISTOL
BS2 0JJ| **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
LUDLOW TRUST CO
1
LTD
2
3
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** Walter Coxon Alexander Mulroe Ali Sarikhani Ziba Sarikhani Chris Thurlow Matthew 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)** **----- Start of picture text -----**
Type of adviser Name Address
Investment Managers
Bankers
Accountants
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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 ## **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)** Per electronic approval **Full name(s)** Chris Thurlow on behalf of Ludlow Trust Company Limited **Position (eg Secretary,** Director **Chair, etc) Date** Per electronic approval **Document Activity Report** **Document Sent** Wed, 06 May 2026 14:04:45 GMT **Document Approval Status** Approved **Approval Activity Summary** Chris Thurlow Approved Fri, 08 May 2026 11:02:43 GMT **Document Activity History** Document history shows most recent activity first **Date Activity** Fri, 08 May 2026 11:02:41 GMT Chris Thurlow viewed the document You can verify that this is a genuine Portal document by uploading it to the following secure web page: **http://tcgroup.accountantspace.co.uk/messages/VerifyDocument** **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** |**Report to the trustees/**
**members of**
**On accounts for the**
**period ended**
**Set out on pages**|Charity Name
The Ian Keith and Sylvia Keith Charitable Trust| |---|---| ||| ||9thSeptember 2025
**Charity no**
**(if any)**
1132712| ||| ||Financial statements page 1 - 2
Trustee report page 3 - 11
(remember to include the page numbers of additional sheets)| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 09/09/2025. - **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. ## **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 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 I have no concerns 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. **Date:** 11/05/26 **Signed: Name:** Ian Rodd **Relevant professional** BSc FCA FCCA **qualification(s) or body (if any): Address:** TC Group Waverley House115-119 Holdenhurst Rd, Bournemouth BH8 8DY 1 **IER** ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (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** . n/a 2 **IER**