2024-10-04-accounts

Trustees’ Annual Report for the period

From 05 October 2023 To 04 October 2024

Charity name: The Carlile Foundation Charitable Trust Charity registration number: 1138449 Objectives and Activities

Charity name: The Carlile Foundation Charitable Trust Charity registration number: 1138449 Objectives and Activities	Charity name: The Carlile Foundation Charitable Trust Charity registration number: 1138449 Objectives and Activities	Charity name: The Carlile Foundation Charitable Trust Charity registration number: 1138449 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 upon trust to apply the income and all or such part or parts of the capital at such time or times and in such manner to or for the benefit of such exclusively charitable objects and purposes in any part of the world 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)

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You may choose to include further statements where relevant about:

You may choose to include further statements where relevant about:	You may choose to include further statements where relevant about:	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

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Achievements and Performance

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SORP reference
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SORP reference	SORP reference	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 £81,477 to the following charities: � Unicef UK - £33,333 � Alexandra Rose Charity - £15,000 � Bethesda Children’s Foundation - £6,000 � St Albans & Harpenden Christian Education Project - £6,144 � Rock & Redeem - £6,000 � Scene and Heard - £15,000

Additional information (optional)

Additional information (optional)	Additional information (optional)	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

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Other

Financial Review

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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 £13,350 (2023:
£9,036).
of the period
In addition to the free reserves the charity
has bank balances of £13,951 (2023:
£7,520) and investments valued at
£914,880 within the expendable endowment
fund which can be released to support the
activities of the charity.
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

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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

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Description of charity’s
trusts:
Type of governing document Para 1.25 Trust deed dated 5 [th] October 2010.
(trust deed, royal charter)
How is the charity Para 1.25 Trust
constituted?
(e.g unincorporated
association, CIO)
Trustee selection methods Para 1.25 Trustees are appointed by the existing
including details of any trustees.
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constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees

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 or was reimbursed any expenses in the year under review. Ludlow received £7,742 for trust administration services during the year under review. These fees are authorised under clause 6 of the trust deed.
Other

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Reference and Administrative details

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Charity name The Carlile Foundation Charitable Trust
Other name the charity uses
Registered charity number 1138449
Charity’s principal address Trustees Department
1 [st] Floor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ
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Names of the charity trustees who manage the charity

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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
1
Company Limited
Mr Edward James
2
Carlile
3 Mrs Catherine Carlile
4 Mr Neil Carlile
Mrs Lorraine Jennie
5
Nicola Carlile
6
7
8
9
10
11
12
13
14
15
16
17
18
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19 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

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Additional information (optional)

Names and addresses of advisers (Optional information)

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Type of adviser Name Address
Investment Managers Coutts & Co 440 The Strand, London, WC2R 0QS
Bankers Coutts & Co 440 The Strand, London, WC2R 0QS
Independent Examiner Geoffrey Frost Blue Spire Limited, Cawley Priory, South
Pallant, Chichester, West Sussex, PO19
1SY
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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) Full name(s) Position (eg Secretary, Chair, etc) Date
	Chris Thurlow On behalf of Ludlow Trust Company Limited
	31 July 2025
	31 July 2025

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The Carlile Foundation Charitable Trust 1138449
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 05/10/2023 04/10/2024
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
Income from investments 24,894 - - 24,894 21,643
Interest received 1,111 - - 1,111 715
Reimbursement of incorrect donation - - - - 4,160
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
26,006 - - 26,006 26,518
AR)
A2 Asset and investment sales,
(see table).
Sale of investments - - 932,782 932,782 356,744
- - - - -
Sub total - - 932,782 932,782 356,744
Total receipts 26,006 - 932,782 958,788 383,262
A3 Payments
Grants awarded 81,477 - 81,477 66,798
Investment manager fees (including VAT)
- - 4,223 4,223 4,245
Trust administration fees (including VAT)
7,742 - - 7,742 7,663
Independent Examination - - - 780
Cash management fee 27 - - 27 18
- - - -
- - - - -
- - - - -
- - - - -
Sub total [ 89,247 ] - 4,223 93,470 79,504
A4 Asset and investment
purchases, (see table)
Investment purchases - - 854,572 854,572 340,505
- - - -
Sub total [ - ] - 854,572 854,572 340,505
Total payments 89,247 - 858,795 948,042 420,009
Net of receipts/(payments) - 63,241 - 73,987 10,746 - 36,747
A5 Transfers between funds 67,555 - 67,555 - -
A6 Cash funds last year end 9,036 7,520 16,556 53,303
Cash funds this year end 13,350 - 13,951 27,302 16,556
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CCXX R1 accounts (SS)

31/07/2025

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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 Details Total cash funds (agree balances with receipts and payments account(s)) Details Capital account Income account Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 13,350 - - - 13,350 - 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 £ 13,951 - -
			13,951
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) 914,880 - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 31 July 2025

CCXX R2 accounts (SS)

31/07/2025

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Independent Examiner's Report to the Trustees of The Carlile Foundation Charitable Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 4 October 2024 which are set out on pages 10 to 11.

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:

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. 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.

31 July 2025 Geoffrey Frost BSc(Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY

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