## **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)**
1
## 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|||
2
## **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||
3
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
**----- End of picture text -----**
## **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
4
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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5
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|||
6
## **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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7
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
8
## **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|
9
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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
1
## **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
2
## **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
12