**The Pauline Bishop Charitable Trust 1136044 Receipts and payments accounts For the period** Period start date Period end date **To from** 19.11.2022 18.11.2023 ## **CC16a** |**Section A Receipts and payments**|**Section A Receipts and payments**||||| |---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**53,946**
**561**
**-**
**-**
**-**
**-**
**-**
**-**
**54,507**
**-**
**-**
**-**
**54,507**
**-**
**-**
**-**
**44**
**2**
**-**
**-**
**-**
**45**
**-**
**-**
**-**
**45**
**54,462**
**- 27,239**
**27,240**
**54,463**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**1,435**
**-**
**-**
**-**
**-**
**-**
**-**
**1,435**
**992,832**
**-**
**992,832**
**994,266**
**105,000**
**9,702**
**9,611**
**780**
**-**
**-**
**-**
**-**
**-**
**125,092**
**946,781**
**-**
**946,781**
**1,071,873**
**- 77,607**
**27,239**
**69,048**
**18,681**|**Total funds**
**to the nearest £**
**53,946**
**1,996**
**-**
**-**
**-**
**-**
**-**
**-**
**55,942**
**992,832**
**-**
**992,832**
**1,048,774**
**105,000**
**9,702**
**9,611**
**780**
**44**
**2**
**-**
**-**
**-**
**125,138**
**946,781**
**-**
**946,781**
**1,071,918**
**- 23,144**
**-**
**96,288**
**73,144**|**Last year**
**to the nearest £**| |Income from investments|**53,946**||||**40,982**| |Interest received|**561**||||**187**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**54,507**||||**41,169**| ||||||| |**A2 Asset and investment sales,**
**(see table).**|||||| |Sale of investments|**-**||||**1,686,865**| ||**-**||||**-**| |**_Sub total_**|**-**||||**1,686,865**| |**_Total receipts_**
**A3 Payments**|||||| ||||||**1,728,034**| ||||||| |Grants awarded|||||**41,000**| |Investment manager fees (including VAT)|**-**||||**10,700**| |Trust administration fees (including VAT)|**-**||||**9,538**| |Independent Examiners fees|**-**||||**780**| |Cash management fee|**44**||||**108**| |Copy grant of Probate fee|**2**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_ **|**45**||||**62,126**| ||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||| |Investmentpurchases|**-**||||**1,606,557**| ||**-**||||| |**_Sub total_ **|**-**||||**1,606,557**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||| ||||||**1,668,683**| ||||||| ||**54,462**|**-**|**- 77,607**|**- 23,144**|**59,351**| ||**- 27,239**||**27,239**|**-**|**-**| ||**27,240**||**69,048**|**96,288**|**36,937**| ||**54,463**|**-**|**18,681**|**73,144**|**96,288**| CCXX R1 accounts (SS) 24/07/2024 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
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**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 £**
**-**
**-**
**54,463**
**-**
**-**
**-**
**54,463**
**-**
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 £**| ||||**18,681**| ||||**-**| ||||**-**| ||||**18,681**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**2,035,863**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Chris Thurlow on behalf of Ludlow
Trust CompanyLimited|| ||||| CCXX R2 accounts (SS) 24/07/2024 2 ## **Trustees’ Annual Report for the period** ## **From 19 November 2022 To 18 November 2023 Charity name: The Pauline Bishop Charitable Trust Charity registration number: 1136044** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The Trustees shall hold the capital and
income of the trust fund to apply the
income and all or such parts of the
capital at such time or times and in
such manner to or for the benefit of
such charitable objects and purposes in
any part of the world as the Trustees
may in their absolute discretion think
fit. The Trustees will take into account
the Letter of Wishes which requests
that consideration is given to the benefit
of the following charities: Animal
insight (BUAV), Animal Health Trust,
Brooke Hospital for Animals, Bransby
Home of Rest for Horses, Bolenowe
Animal Sanctuary, Cancer Backup,
Chilterns Dog Rescue Society, Guide
Dogs for the Blind Association, Harry
Edwards Healing Sanctuary, Marie
Curie Cancer Care, National Animal
Welfare Trust, The Cats Protection
League, The Mare & Foal Sanctuary,
The Mayhew Animal Home, Mayhew
International, PDSA, PETA, The
People’s Trust for Endangered
Species, Riding for the Disabled St
Albans, RNLI, RSPB, RSPCA, Scope,
The Dogs Trust, Wood Green Animal| |||Shelter, WSPA, The World Horse
Welfare, WWF.| |---|---|---| |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 shall provide
grants in accordance with the Letter of
Wishes. In determining the charity’s
activities the trustees have had regard to
the Charity Commission’s guidance on
public benefit.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribulion made by volunteers Other ## **Achievements and Performance** SORP reference During the year under review the charity made 14 grant awards totalling £105,000. Summary of the main achievements of the charity, identifying the difference the Para 1.20 charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |**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:| |---|---|---| |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 reserves of £54,463 (2022:
£27,240).
In addition to the free reserves the charity
has bank balances of £18,680 (2022:
£69,048) and investments valued at
£2,035,863 within the 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.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|| |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|| |Other||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.
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|The trust is governed by deed dated 18
November 2008.| |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)**
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 received £9,611 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 Pauline Bishop Charitable Trust| |---|---| |Other name the charity uses|| |Registered charity number|1136044| |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 ## **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**|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)** ## **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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| |||| ||Chris Thurlow|| ||

As director of Ludlow Trust
Company Limited|| |||| |||| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Pauline Bishop Charitable Trust On accounts for the year ended 18, November 2023 Charity no (if any) 1136044 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 18 November 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 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 145151{bl 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 accounling records Independent examinerfs 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: Is /d ?/g49 Name: Mr Keith Felton Relevant professional qualificationls) or body lif any): ACCA Address: KJF Accounting Ltd. 17 Sheringham Avenue, Soulhgate, London N14 4UB Section B Disclosure Only complete if the examiner needs to highlight matters of concem (see CC32, I ndependent examination of charity accounts.. directions and guidance for examiners). IER October 2018 Give here brief details of any items that the examiner wlshes to disclose. IER October 2018 ## 2024-07-31Accounts Final Audit Report 2024-07-31 Created: 2024-07-31 By: Estera Rzepus (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAaBR43mQSyzC6SYHPCQwUQ813lrdKQ4xD ## "2024-07-31Accounts" History Document created by Estera Rzepus (Estera.Rzepus@ludlowtrust.com) 2024-07-31 - 10:49:47 AM GMT Document emailed to Chris Thurlow (chris.thurlow@ludlowtrust.com) for signature 2024-07-31 - 10:49:50 AM GMT Email viewed by Chris Thurlow (chris.thurlow@ludlowtrust.com) 2024-07-31 - 1:12:56 PM GMT Document e-signed by Chris Thurlow (chris.thurlow@ludlowtrust.com) Signature Date: 2024-07-31 - 1:13:07 PM GMT - Time Source: server Agreement completed. 2024-07-31 - 1:13:07 PM GMT