| The Thompson6 Charitable Trust | The Thompson6 Charitable Trust | The Thompson6 Charitable Trust | 1137853 | 1137853 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||||||||
| For the period from ~~ee~~ |
01.04.2023 Period start date |
31.03.2024 Period end date To ~~e~~ |
|||||||
| Section A Receipts and payments | |||||||||
| Unrestricted funds |
Restricted funds |
Endowment 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 77,449 |
- | - | 77,449 | 56,997 | |||||
| Interest received 7,611 |
- | - | 7,611 | 2,086 | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - |
Sub total (Gross income for 85,060 - AR)
| Sub total(Gross income for | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (Gross income for AR) |
85,060 | - | - | 85,060 | 59,083 | ||||
| A2 Asset and investment sales, (see table). Sale of investments - - 2,124,122 2,124,122 2,003,079 - - - - - Sub total - - 2,124,122 2,124,122 2,003,079 Total receipts 85,060 - 2,124,122 2,209,182 2,062,162 ~~S555~~ |
|||||||||
| A3 Payments | |||||||||
| Grants awarded | 46,000 | - | - | 46,000 | 58,500 | ||||
| Investment management fees (VAT | |||||||||
| inclusive) | - | - | 13,657 | 13,657 | 14,054 | ||||
| Trust administration fees (VAT inclusive) | |||||||||
| 17,576 | - | - | 17,576 | 19,589 | |||||
| Independent Examiners fees | 780 | - | - | 780 | 780 | ||||
| Cash management fees | 419 | - | 419 | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - |
| **Sub total ** | 64,775 - 13,657 78,432 92,923 |
|
|---|---|---|
| A4 Asset and investment purchases, (see table) Investmentpurchases - - 2,016,213 2,016,213 2,002,813 - - - - Sub total - - 2,016,213 2,016,213 2,002,813 Total payments 64,775 - 2,029,870 2,094,645 2,095,736 ~~——————~~ |
||
| Net of receipts/(payments) 20,285 - 94,252 114,537 - 33,574 A5 Transfers between funds 17,268 - 17,268 - - A6 Cash funds last year end 133,659 105,034 238,693 272,267 Cash funds this year end 171,212 - 182,018 353,230 238,693 ~~===>>~~ |
CCXX R1 accounts (SS)
09/01/2025
1
Section B Statement of assets and liabilities at the end of the period
| Unrestricted Restricted |
Endowment | ||||
|---|---|---|---|---|---|
| Categories | Details | funds funds |
funds | ||
| to nearest £ to nearest £ |
to nearest £ | ||||
| B1 Cash funds | - - 182,018 171,212 - - - - - 171,212 - 182,018 Capital account Income account Total cash funds ~~<==~~ |
||||
| (agree balances with receipts and payments | (agree balances with receipts and payments | ||||
| account(s)) | OK OK |
OK | |||
| Unrestricted Restricted |
Endowment | ||||
| funds funds |
funds | ||||
| Details | to nearest £ to nearest £ |
to nearest £ | |||
| B2 Other monetary assets | - - - - - - - - - - - - - - - - - - ~~—_—~~ |
||||
| Details | Fund to which asset belongs Cost (optional) |
Current value (optional) |
|||
| B3 Investment assets | Endowment - 3,035,255 - - - - - - - - Investment portfolio ~~—=——~~ |
||||
| Details | Fund to which asset belongs Cost (optional) |
Current value (optional) |
|||
| B4 Assets retained for the charity’s own use |
- - - - - - - - - - - - - - - - - - ~~aa~~ |
||||
| Fund to which Amount due |
When due | ||||
| Details | liability relates (optional) |
(optional) | |||
| Signed by one or two trustees on behalf of all the trustees B5 Liabilities CCXX R2 accounts (SS) |
- - - - Date of approval Print Name Joanne Spiceley on behalf of Ludlow Trust CompanyLimited Signature 2 09/01/2025 ~~a~~ |
Trustees’ Annual Report for the period
From 01 April 2023 To 31 March 2024
Charity name: The Thompson6 Charitable Trust Charity registration number: 1137853
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects if 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. |
| 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) 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
| 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 ten charities totalling £46,000. |
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
| 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 £171,212 (2023: £133,659). In addition to the free reserves the charity has bank balances of £182,018 (2023: £105,034) and investments valued at £3,035,255 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 30 June 2010 |
| 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 settlor during his lifetime and subject to this by the 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 £17,576 for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed. |
| Other |
Reference and Administrative details
| Charity name | The Thompson6 Charitable Trust |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1137853 |
| 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) 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 ~~So~~ Other optional information ~~Oo~~
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) Joanne Spiceley on behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) ~~ee~~ Date
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of The Thompson6 Charitable Trust On accounts for the year ended 31 St March 2024 Charity no (if any) 1137853 Set out on pages 1to2 Inember lo ,'I:'" -é'e Ilie .'7 Jr .51 idditioiial she.ei-. I report to the trustees on my examination of the accounts of the above charity ('the Trust") for the year ended 31st March 2024. Responsibilities and As the charity trustees of the Twst, 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 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. Signed: Date: q/G' I Name: Mr Keith Felton Relevant professional qualification{s) or body (if any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB 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). IER October 2018
Give here brief details of any items that the examiner wishes to disclose. IER October 2018
2025-01-13Thompson6 Accounts
Final Audit Report
2025-01-13
Created: 2025-01-13 By: Estera Rzepus (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAApU9TrJKuNAL409ev41BqQ1p5Rh9FID9R
"2025-01-13Thompson6 Accounts" History
- Document created by Estera Rzepus (Estera.Rzepus@ludlowtrust.com) 2025-01-13 - 9:04:34 AM GMT
Document emailed to Joanne Spiceley (joanne.spiceley@ludlowtrust.com) for signature 2025-01-13 - 9:04:37 AM GMT
-
Email viewed by Joanne Spiceley (joanne.spiceley@ludlowtrust.com) 2025-01-13 - 9:20:04 AM GMT
-
Document e-signed by Joanne Spiceley (joanne.spiceley@ludlowtrust.com) Signature Date: 2025-01-13 - 9:20:22 AM GMT - Time Source: server
Agreement completed.
2025-01-13 - 9:20:22 AM GMT