Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 ## **Trustees’ Annual Report for the period** **From 20 September 2023 To 19 September 2024 Charity name: The Pamela Cordelia Smith Charitable Trust** ## **Charity registration number: 1144403** ## **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. The
Trustees will take into account the Letter of
Wishes which requests that consideration be
given to benefit the following charities: Royal
National Lifeboat Institution, British Heart
Foundation, Great Ormond Street Hospital
Children’s Charity and Motor Neurone
Disease Association.| |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 provides grants in
accordance with the letter of wishes. In
determining
the
charity’s
activities
the
trustees have had regard to the Charity
Commission’s guidance on public benefit.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|| **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|| 1 Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 ## **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 charities below:
Royal National Lifeboat Institution (RCN
1184013) - £5,028.95
British Heart Foundation (RCN 225971) -
£5,028.95
Great
Ormond
Street
Hospital
(RCN
1160024) - £5,028.95
Motor Neurone Disease Association (RCN
294354) - £5,028.95| ## **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||| 2 Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 ## **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 amounting to £11,317
(2023: £2,806). In addition to the free
reserves the charity has bank balances of
£1,419,182 (2023: £16,919). 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.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|| |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||| 3 Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Trust deed dated 19thSeptember 2011| |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 to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are appointed by the existing
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|| |Other||| ## **Reference and Administrative details** |Charity name|The Pamela Cordelia Smith Charitable Trust| |---|---| |Other name the charity uses|| |Registered charity number|1144403| |Charity’s principal address|Ludlow Trust Company Limited
1stFloor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ| ||| 4 Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 ## **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
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |---|---|---|---|---| ||Ludlow Trust
CompanyLimited|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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** 5 Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 ## **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 **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser 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** 6 Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 ## **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 **Position (eg Secretary,** Managing Director **Chair, etc) Date** 18 July 2025 7 Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 ||**The Pamela Cordelia Smith Charitable Trust**|**The Pamela Cordelia Smith Charitable Trust**|**The Pamela Cordelia Smith Charitable Trust**|**1144403**|**1144403**|**1144403**|**CC16a**| |---|---|---|---|---|---|---|---| ||**For the period**
**from**|20.09.2023
Period start date|**To**||19.09.2024
Period end date||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**11,323**
**2,518**
**-**
**-**
**-**
**-**
**-**
**-**
**13,841**
**-**
**-**
**-**
**13,841**
**20,116**
**-**
**3,986**
**-**
**-**
**-**
**-**
**-**
**-**
**24,102**
**-**
**-**
**-**
**24,102**
**(10,261)**
**18,772**
**2,806**
**11,317**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**1,000,000**
**-**
**-**
**-**
**-**
**-**
**1,000,000**
**790,450**
**-**
**790,450**
**1,790,450**
**-**
**2,173**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2,173**
**367,242**
**-**
**367,242**
**369,415**
**1,421,035**
**(18,772)**
**16,919**
**1,419,182**||**Total funds**
**to the nearest £**
**11,323**
**2,518**
**1,000,000**
**-**
**-**
**-**
**-**
**-**
**1,013,841**
**790,450**
**-**
**790,450**
**1,804,291**
**20,116**
**2,173**
**3,986**
**-**
**-**
**-**
**-**
**-**
**-**
**26,275**
**367,242**
**-**
**367,242**
**393,517**
**1,410,774**||**Last year**
**to the nearest £**| |Income from investments|**11,323**||||||**9,816**| |Interest received|**2,518**||||||**390**| |Income from Settlor|**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_**_(Gross income for AR)_|**13,841**||||||**10,206**| ||||||||| |**A2 Asset and investment sales, (see**
**table).**|||||||| |Sale of investments|**-**||||||**168,940**| ||**-**||||||**-**| |**_Sub total_**|**-**||||||**168,940**| |**_Total receipts_**
**A3 Payments**|||||||| ||||||||**179,146**| ||||||||| |Charitablepayments|**20,116**||||||**20,940**| |Investment managers fee(VAT inclusive)|**-**||||||**1,908**| |Trust administration fee(VAT inclusive)|**3,986**||||||**1,709**| |Bank charges|**-**||||||**18**| |Cash management fee|**-**||||||**14**| ||**-**||||||| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_ **|**24,102**||||||**24,589**| ||||||||| |**A4 Asset and investment purchases,**
**(see table)**|||||||| |Investmentpurchases|**-**||||||**152,749**| ||**-**||||||**-**| |**_Sub total_ **|**-**||||||**152,749**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||| ||||||||**177,338**| ||||||||| ||**(10,261)**|**-**|**1,421,035**||**1,410,774**||**1,808**| ||**18,772**|**-**|**(18,772)**||**-**||**-**| ||**2,806**|**-**|**16,919**||**19,725**||**17,917**| ||**11,317**|**-**|**1,419,182**||**1,430,499**||**19,725**| CCXX R8 accounts (SS) 18/07/2025 8 Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 |**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**
CCXX R9 accounts (SS)|Signature
**Details**
Cash Capital
Cash Income
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Details**
9|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**11,317**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**11,317**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**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 £**| ||||**1,419,182**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**1,419,182**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||||18 July 2025| ||||| ||||18/07/2025| CCXX R9 accounts (SS) Docusign Envelope ID: 598C95E2-4192-4A34-AAE5-AD39B8952E04 ## **Independent Examiner's Report to the Trustees of The Pamela Cordelia Smith Charitable Trust** I report to the charity trustees on my examination of the accounts of the charity for the year ended 19 September 2024 which are set out on pages 8 to 9. ## **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. Geoffrey Frost BSc(Hons) FCA Date 18 July 2025 Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY 10