PLUM LAYTON CHARITABLE TRUST REPORT ANDACCOUNTS YEAR ENDED S APRIL 2024 ## **PLUM LAYTON CHARITABLE TRUST YEAR ENDED 5 APRIL 2024 REPORT AND ACCOUNTS** |**CONTENTS**|**PAGE**| |---|---| |**STATUTORY INFORMATION**|**1**| |**TRUSTEE'S REPORT**|**2**| |**INDEPENDENT EXAMINER'S REPORT**|**3**| |**RECEIPTS AND PAYMENTS ACCOUNT**|**4**| |**STATEMENT OF ASSETS AND LIABILITIES**|**5**| ## **PLUM LAYTON CHARITABLE TRUST STATUTORY INFORMATION** ## **OBJECTS** The charity raises funds for research into finding a cure for pancreatic cancer. ## **REGISTERED CHARITY NUMBER** 1140546 ## **COMMITTEE** The charity is administered by a committee, who are also the trustees of the charity: James M Layton Chairman Kate E Armitage Rebecca M Worsley Alexandra J Des Forges William F Wyldbore-Smith Thomas W Layton ## **PRINCIPAL ADDRESS** The Brow Great Somerford Chippenham SN15 5JB ## **PROFESSIONAL ADVISERS** **Bankers** CAF Bank Ltd **Independent** Jessica Pillow FCA CTA 25 Kings Hill Avenue **Examiner** Pillow May Ltd Kings Hill, West Malling The Dutch Barn, Bremhill Grove Farm Kent East Tytherton, Chippenham ME19 4JQ SN15 4LX Page 1 ## **PLUM LAYTON CHARITABLE TRUST YEAR ENDED 5 APRIL 2024 TRUSTEE'S REPORT** The trustees present their report and accounts for the charitable trust for the year ended 5 April 2024. ## **1. Legal and administrative** The full name of the charitable trust is Plum Layton Charitable Trust but it also operates under the name "Plum's Fund". It is governed by its Declaration of Trust dated 1 February 2011 and the requirements of Charity Law. ## **2. Aims and organisation** The charitable trust was registered on 22 February 2011. It is currently run by six trustees who meet twice a year. The minimum number of trustees is 2 and the quorum is one third of the number of Trustees or two Trustees, whichever is greater and present at the meeting. The trustees are provided with the necessary information to fulfil their roles, including Charity Commission guidance. ## **3. Activities** The main activities of the charitable trust are to hold funds and apply them generally for all charitable objects; and to support individual activities which in themselves fulfil a charitable object. ## **4. Achievements and Performance** The charitable trust continued to raise funds during the year. A large donation of shares was received of £166,632 in July 2023 from James Layton, trustee. Donations of £40,000 were made towards the cost of research within the Pancreatic Cancer Research Team lead by Dr Harpreet Wasan. ## **5. Review of financial position** The charity's income for the year was £208,915 (2023 - £61,809 for fourteen months) and expenditure was £45,486 (2022 - £58,637 for fourteen months), with investment purchases of £299,685 during the year. The charity cash & investment funds were £342,440 at 5 April 2024 (2023 - £179,012). The charity's policy is to build up a long-term sustainable fund so that the work of the charity, particularly annual grants into research into a cure for Pancreatic Cancer can be maintained. The charity will use some of its donations to invest in longterm sustainable funds, managed appropriately by Rathbones Group Plc, with the income yield donated for the purposes of pancreatic cancer research. Signed on behalf of the charity's trustees on 12 November 2024 **Chairman** **James M Layton** Page 2 ## **PLUM LAYTON CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS** I report to the trustees of Plum Layton Charitable Trust on the examination of the accounts 5 April 2024 for the period ended for the charity number 1140546 ## **Responsibilities and basis of report** As the charity trustees of the charity, 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 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. ## **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 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 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. **Jessica Pillow Chartered Accountant and Chartered Tax Adviser** 12 November 2024 The Dutch Barn Bremhill Grove Farm East Tytherton Chippenham Wiltshire SN15 4LX Page 3 ## **PLUM LAYTON CHARITABLE TRUST YEAR ENDED 5 APRIL 2024 RECEIPTS AND PAYMENTS ACCOUNT** |**Receipts**
Donations from the sale of goods
Donations - other
Ticket sales
Income Tax Refund
Bank interest received
Dividends on investments
**Total receipts**
**Payments**
Bank charges
Accounting
Sundry fundraising expenses
Investment management charges
Charitable donations
**Asset & investment purchases**
Rathbones investments
**Total payments**
**Net receipts/(payments)**
**Cash funds at 6 April 2023**
**Cash funds at 5 April 2024**|**Total and**
**Unrestricted**
**Funds 2024**
**£**
29,404
167,967
-
4,801
415
6,328
208,915
71
2,688
1,758
969
40,000
45,486
299,685
299,685
345,171
(136,256)
179,011
42,755|**Total and**
**Unrestricted**
**Funds 2023**
**£**
39,421
1,335
15,570
5,252
231
-| |---|---|---| |||61,809| |||286
2,572
7,548
-
314| |||10,720| |||-| |||-| |||| |||10,720| |||51,089
127,922| |||179,011| Page 4 ## **PLUM LAYTON CHARITABLE TRUST YEAR ENDED 5 APRIL 2024 STATEMENT OF ASSETS AND LIABILITIES** |**YEAR ENDED 5 APRIL 2024**
**STATEMENT OF ASSETS AND LIABILITIES**
**PLUM LAYTON CHARITABLE TRUST**||| |---|---|---| |**Cash funds:**
Bank accounts
**Total cash funds**
**Investment assets:**
Rathbones investments|**Total and**
**Unrestricted**
**Funds**
**2024**
**£**
42,755
42,755
299,685|**Total and**
**Unrestricted**
**Funds**
**2023**
**£**
179,012| |||179,012| |||-| Signed on behalf of the charity's trustees on 12 November 2024 ## **James M Layton Chairman** Page 5