2023-03-11-accounts

	Pauline Meredith Charitable Trust	Pauline Meredith Charitable Trust	Pauline Meredith Charitable Trust	1139585	1139585	CC16a
	For the period from	12.03.2022 Period start date	To		11.03.2023 Period end date
Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 37,083 114 19,076 - - - - - 56,272 - - - 56,272 60,000 - - - - 60,000 - - - 60,000 - 3,728 60,095 56,368	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ 680 - - - - - 680 1,308,150 - 1,308,150 1,308,830 9,110 21,483 780 - - 2,716 1,170 - 35,259 1,258,954 1,258,954 1,294,212 14,617 58,562 73,180		Total funds to the nearest £ 37,083 794 19,076 - - - - - 56,952 1,308,150 - 1,308,150 1,365,102 60,000 9,110 21,483 780 - - 2,716 1,170 - 95,259 1,258,954 - 1,258,954 1,354,212 10,890 - 118,658 129,547	Last year to the nearest £
Income from investments	37,083					31,689
Interest received	114					27
Renatl income(net)	19,076					20,928
	-					-
	-					-
	-					-
	-					-
	-					-
Sub total(Gross income for AR)	56,272					52,644
A2 Asset and investment sales, (see table).
Sale of investments	-					813,233
	-					-
Sub total	-					813,233
Total receipts A3 Payments
						865,877
Grants awarded	60,000					-
Investment manager fees (Including VAT)						21,248
Trust Administration fees (including VAT)						10,689
Independent Examiners fees						780
Managingagents fees						1,583
Insurance	-					1,043
Propertylegal fees	-					-
Propertyvaluation fee	-					-
	-					-
**Sub total **	60,000					35,343
A4 Asset and investment purchases, (see table)
Investmentpurchases	-					787,565
	-
**Sub total **	-					787,565
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
						822,908
	- 3,728	-	14,617		10,890	42,969
					-	-
	60,095		58,562		118,658	75,689
	56,368	-	73,180		129,547	118,658

CCXX R1 accounts (SS)

20/12/2023

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 6 High Street, Sunninghill	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 56,368 - - - 56,368 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Endowment - 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 £
			73,180
			-
			-
			73,180
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			1,847,881
			497,000
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
		Chris Thurlow on behalf of Ludlow Trust CompanyLimited

CCXX R2 accounts (SS)

20/12/2023

2

Trustees’ Annual Report for the period

From 12 March 2022 To 11 March 2023

Charity name: Pauline Meredith Charitable Trust Charity registration number: 1139585

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 apply the income of the charity and all or such part or parts of the capital, they think fit for or towards such charitable purposes as the trustees 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 furthering the objects it is requested in the Will that the trustees consider donations to the following charities: Barnados Swan Lifeline Windsor Hospice The Woodland Trust Hydestile Animal Hospital The People’s Dispensary for Sick Animals Greenpeace Environmental Trust
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 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 the following two charities: The Trussell Trust £30,000 Crisis UK £30,000

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

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 £56,368 (2022: £60,095). In addition to the free reserves the charity has bank balances of £73,180 (2022: £58,563) and investments valued at £1,847,881 within the expendable endowment fund which can be released to support the activities of the charity. Furthermore there is a property valued at £497,000 within the 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 13 December 2010 arising from a Will dated 23 January 2003.
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust
Trustee selection methods including details of any	Para 1.25	Trustees are appointed by the existing trustees.

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) You may choose to include further statements where relevant about:	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 £21,483 for trust administration services during the year under review. These fees are authorised under clause 14 of the trust deed.
Other

Reference and Administrative details

Charity name	Pauline Meredith Charitable Trust
Other name the charity uses
Registered charity number	1139585
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)

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) Chris Thurlow On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of Pauline Meredith Charitable Trust On accounts for the year ended 11th March 2023 Charity no (if any) 1139585 Set out on pages 1to2 I report to the trustees on my examination of the accounls of Ihe above charity {"the Trust") for the year ended 11, March 2023. Responsibilities and As the charity trustees oflhe Trust. you are responsible forthe p￿paration basis of report of the accounts in accordance with the requirements of the Charities Acl 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)Ibl of the ACL I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination which gives me Gause to believe that in. any material respect.. accounting records were not kept in accordance wth seciion 130 of the Act or the accounts do not accord with the acc£Junting records Independent examinef s 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 proper understanding of the accounts to be reached. Slgned: Date: 14-IZ- Name: Mr Keith Felton Relevant professional qualification(sl 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 concem (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018

Glve here brlef (htslls of any items that the examiner wishes to dl$close. IER October 2018

2024-01-23PMeredithCTAccounts

Final Audit Report

2024-01-23

Created: 2024-01-23 By: Marta Kurpickaja ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAp6qLrGF7CM1ZTD1ehWXesaMTCET6M_Oq

"2024-01-23PMeredithCTAccounts" History

Document created by Marta Kurpickaja ([e-mail])

2024-01-23 - 3:26:39 PM GMT- IP address: 195.70.87.234

Document emailed to Chris Thurlow ([e-mail]) for signature 2024-01-23 - 3:27:04 PM GMT

Email viewed by Chris Thurlow ([e-mail])

2024-01-23 - 4:10:17 PM GMT- IP address: 104.47.21.254

Document e-signed by Chris Thurlow ([e-mail])

Signature Date: 2024-01-23 - 4:10:41 PM GMT - Time Source: server- IP address: 31.94.4.228

Agreement completed.

2024-01-23 - 4:10:41 PM GMT