2023-10-31-accounts

The Discworld Foundation		1144334
Receipts andpayments accounts				CC16a
01.11.2022 Period start date For the period from	To	31.10.2023 Period end date

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 47,892 4,536 - - - - - 52,428 - - - 52,428 90,000 - - - 358 - - - - 90,358 - - - 90,358 - 37,930 84,467 46,537	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - 1,190 - - - - - 1,190 817,220 - 817,220 818,411 - 8,385 13,824 780 - - - - - 22,989 859,712 - 859,712 882,701 - 64,290 275,164 210,874	Total funds to the nearest £ 47,892 5,726 - - - - - 53,619 817,220 - 817,220 870,839 90,000 8,385 13,824 780 358 - - - - 113,347 859,712 - 859,712 973,059 - 102,220 - 359,631 257,411	Last year to the nearest £
Investment income	47,892				31,983
Bank interest	4,536				296
	-				-
	-				-
	-				-
	-				-
	-				-
Sub total(Gross income for AR)	52,428				32,279
A2 Asset and investment sales, (see table).
Sale of investments	-				1,403,831
	-				-
Sub total	-				1,403,831
Total receipts A3 Payments
					1,436,110
Grants awarded	90,000				2,690
Investment manager fees (VAT inclusive)	-				8,965
Trust Administration fees (VAT inclusive)	-				15,040
Independent Examiners fees	-				780
Cash management fees	358				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	90,358				27,475
A4 Asset and investment purchases, (see table)
Investmentpurchases	-				1,349,861
	-
**Sub total **	-				1,349,861
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
					1,377,336
	- 37,930		- 64,290	- 102,220	58,774
				-	-
	84,467	-	275,164	359,631	300,857
	46,537	-	210,874	257,411	359,631

CCXX R1 accounts (SS)

27/06/2024

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	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 46,537 - - - 46,537 - 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 Katherine Forder on behalf of Ludlow Trust CompanyLimited	Endowment funds to nearest £
			210,884
			-
			-
			210,884
			Agreement Error
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			1,713,833
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
		Katherine Forder on behalf of Ludlow Trust CompanyLimited

CCXX R2 accounts (SS)

27/06/2024

2

Trustees’ Annual Report for the period

From 01 November 2022 To 31 October 2023

Charity name: The Discworld Foundation Charity registration number: 1144334 Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objects of the trust 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) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant 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 totalling £90,000 as follows: The RICE centre £25,000 Guide Dogs for the Blind £10,000 Animals Asia Foundation £25,000 Friends of Broad Chalke Playground £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 £46,537 (2022: £84,467). In addition to the free reserves the charity has bank balances of £1210,884 (2022: £275,164) and investments valued at £1,713,833 within the expendable endowment fund which can be released to support the activities of the charity.
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 (trust deed, royal charter)	Para 1.25	Trust deed dated 14 October 2011 as amended 30 May 2012
How is the charity constituted? (e.g unincorporated association, CIO)	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 the 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 received £13,814 for trust administration services during the year under review. These fees are authorised under clause 6 of the trust deed.
Other

Reference and Administrative details

Charity name	The Discworld Foundation
Other name the charity uses
Registered charity number	1144334
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)
	Miss Rhianna Pratchett
	Robert Wilkins
	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 Strand, London, WC2R 0QS
Bankers	Coutts & Co	440 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) Katherine Forder On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of The Discworld Foundation On accounts forthe year ended 31°, October 2023 Charity no lif any) 1144334 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above chanty I'the Trust") for the year ended 31°, October 2023. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 20111"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 applicablé Directions given by the Charity Commission under section 145151(bl of the Act. I have completed my examination. I confimi that no material matters have come lo my attention in connection with th8 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 wilh the accounting records Independent examiner'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: Name: Mr Keith Felton Relevant professional qualificationlsl or body lif 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 cOn￿M (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018

Give here brief detsils of any Items that the examiner wishes to disclose. IER October 2018

2024-07-17Accounts

Final Audit Report

2024-07-17

Created: 2024-07-17 By: Estera Rzepus ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAEeG9etgP3u41xWT_b6f7Slj5sIwrYmY-

"2024-07-17Accounts" History

Document created by Estera Rzepus ([e-mail])

2024-07-17 - 8:16:29 AM GMT

Document emailed to Katie Forder ([e-mail]) for signature 2024-07-17 - 8:16:33 AM GMT

Email viewed by Katie Forder ([e-mail])

2024-07-17 - 10:18:16 AM GMT

Document e-signed by Katie Forder ([e-mail]) Signature Date: 2024-07-17 - 10:27:44 AM GMT - Time Source: server

Agreement completed.

2024-07-17 - 10:27:44 AM GMT