Trustees’ Annual Report for the period
From 01 April 2024 To 31 March 2025
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) You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers 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 totaling £23,500 to the following charities: - The Community Storehouse - Tonbridge Baptist Church - Heart of Kent Hospice - University of Bristol - Hospice in the Weald |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set
Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives 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 £240,590 (2024: £171,212). In addition to the free reserves the charity has bank balances of £91,601 (2024: £182,018) and investments valued at £3,135,659 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 | |
| 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 | Para 1.25 | Trust deed dated 30 June 2010 |
| How is the charity constituted? |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election topost or name of |
Para 1.25 | Trustees are appointed by existing trustees. |
any person or body entitled to appoint one or more 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 Trust Company Limited was paid £17,632 (2024: £17,995) for trust administration and cash management 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 | Trustee name Ludlow Trust Company Limited |
Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
– Corporate trustees names of the directors at the date the report was approved
| Director name | ||
|---|---|---|
| GarySt John Collins | ||
| Walter Duncan Coxon | ||
| Ali Reza Sarikhani | ||
| Ziba Christina Sakine Sarikhani | ||
| Christopher Ian Thurlow | ||
| Matthew John Wickers | ||
| John Stephen Dennis | (Resigned 25/10/24) |
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 | Charter Tax Consulting Limited |
8 Floor, 1 Southampton Street, London WC2R 0LR |
| Independent Examiner | Katie Wilson | Blue Spire Limited, Cawley Priory, South Pallant, Chichester, PO19 1SY |
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) Nikki Image Position (eg Secretary, On behalf of Ludlow Trust Chair, etc) Company Limited (Trustee) Date
| 1137853 The Thompson6 Charitable Trust |
|||
|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||
| 01/04/2024 31/03/2025 Period start date Period end date To For the period from |
|||
| 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 81,074 - - 81,074 Income from Interest 13,782 - - 13,782 - - - - - - - - - - - - Sub total(Gross income for AR) 94,856 - - 94,856 ~~SS SSS~~ |
77,449 7,611 - - - 85,060 |
||
| A2 Asset and investment sales, (see table). Sale of investments - - 1,955,033 1,955,033 2,124,122 - - - - - Sub total - - 1,955,033 1,955,033 2,124,122 Total receipts 94,856 - 1,955,033 2,049,889 2,209,182 ~~————_——~~ |
|||
| A3 Payments | |||
| Charitable Payments 23,500 - - 23,500 46,000 Investment management fees - - 14,741 14,741 13,657 Trust administration fees 17,121 - - 17,121 17,576 Cash management charges 511 - - 511 419 Accountancy 600 - - 600 - Independent Examination 300 - - 300 780 Sub total 42,032 - 14,741 56,773 78,432 ~~SSS==~~ |
|||
| A4 Asset and investment purchases, (see table) Investmentpurchases - - 2,014,155 2,014,155 2,016,213 - - - - Sub total - - 2,014,155 2,014,155 2,016,213 Total payments 42,032 - 2,028,896 2,070,928 2,094,645 Net of receipts/(payments) 52,824 - - 73,863 - 21,039 114,537 A5 Transfers between funds 16,554 - - 16,554 - - A6 Cash funds last year end 171,212 - 182,018 353,230 238,693 Cash funds this year end 240,590 - 91,601 332,191 353,230 ~~——————~~ ~~———~~ |
114,537 - 238,693 353,230 |
CCXX R1 accounts (SS)
27/01/2026
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 | - - 91,601 240,590 - - - - - 240,590 - 91,601 Total cash funds Capital account Income account ~~<=>~~ |
|||||
| (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 - 3,135,659 - - - - - - - - Investment portfolio ~~——=—~~ |
|||||
| Details | Fund to which asset belongs Cost (optional) |
Current value (optional) |
||||
| B4 Assets retained for the charity’s own use |
- - - - - - - - - - - - - - - - - - ~~qa~~ |
|||||
| 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 Nikki Image on behalf of Ludlow Trust CompanyLtd(Trustee) Signature 2 27/01/2026 28 January 2026 ~~a~~ |
Independent Examiner's Report to the Trustees of The Thompson6 Charitable Trust
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31[st] March 2025
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
-
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.
OW
Katie Wilson FCA Date 28 January 2026 Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY