|**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 (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAEeG9etgP3u41xWT_b6f7Slj5sIwrYmY- ## "2024-07-17Accounts" History Document created by Estera Rzepus (Estera.Rzepus@ludlowtrust.com) 2024-07-17 - 8:16:29 AM GMT Document emailed to Katie Forder (katie.forder@ludlowtrust.com) for signature 2024-07-17 - 8:16:33 AM GMT Email viewed by Katie Forder (katie.forder@ludlowtrust.com) 2024-07-17 - 10:18:16 AM GMT Document e-signed by Katie Forder (katie.forder@ludlowtrust.com) Signature Date: 2024-07-17 - 10:27:44 AM GMT - Time Source: server Agreement completed. 2024-07-17 - 10:27:44 AM GMT