## **Trustees’ Annual Report for the period** ## **From 06 April 2024 To 03 November 2024** ## **Charity name: The John Raymond Tijou Charitable Trust Charity registration number: 1146260 Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To distribute income to such charity or
charities and in such amount or amounts as
the Trustees’ in their absolute discretion
think fit but having particular regard to
charities associated with medical purposes.| |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)** 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 totalling £28,000 as follows:
Bone Cancer Research Trust £4,000
Crohn’s & Colitis UK £4,000
Muscular Dystrophy UK £4,000
PSPA £4,000
Sight Research UK £4,000
Retina UK £4,000
Blood Cancer UK £4,000| ## **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** |**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 £56,597 (Apr 2024:
£45,870).
In addition to the free reserves the charity
has bank balances of £10,200 (Apr 2024:
£3,732)
and
investments
valued
at
£2,585,384
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||The unrestricted funds, which are the free
reserves of the charity, and which are
represented by the income arising are paid
over to beneficiaries throughout the year. It
is not the policy of the charity to maintain
specific reserves.
The
expendable
endowment
funds
represent those assets, which are held
permanently by the charity and are
principally investments. Income arising on
the endowment fund can be used in
accordance with the objectives of the charity
and is included as unrestricted income. Any
capital gains or losses arising on the
investments form part of the fund. The
trustee has the power to convert this fund
into income.| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Will trust dated on 9 February 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 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|No trustee received any remuneration or
was reimbursed any expenses in the year
under review.
HSBC Bank Plc received £4,477 for trust
administration services and £15,362 for
investment management services during
the year under review.| |Other||| ## **Reference and Administrative details** |Charity name|The John Raymond Tijou Charitable Trust| |---|---| |Other name the charity uses|| |Registered charity number|1146260| |Charity’s principal address|Yarmouth House
1300 Parkway
Solent Business Park
Whiteley
PO15 7AX| ||| ## **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 (ifany)**| |---|---|---|---|---| ||Ludlow Trust
Company
(Southampton)Ltd|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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||| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of adviser**|**Name**|**Address**| |---|---|---| |**Investment Managers**|HSBC UK Bank Plc|1 Centenary Square, Birmingham, B1
1HQ| |**Bankers**|HSBC UK Bank Plc|Forum 1, The Forum Parkway, Whiteley,
Fareham, Hampshire, PO15 7PA| |**Accountants**|Charter Tax Consulting
Limited|8thFloor, 1 Southampton Street, London
WC2R 0LR| |**Independent Examiner**|Geoffrey Frost|Blue Spire Limited, Cawley Priory, South
Pallant, Chichester, West Sussex, PO19
1SY| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ~~a~~ **Other optional information** ~~OB~~ **Declarations The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s)** ~~ae~~ **Full name(s)** Chris Thurlow **Position (eg Secretary,** On behalf of Ludlow Trust **Chair, etc)** Company (Southampton) Ltd **Date** 03/09/2025 ~~|~~ |**Section A Receipts and payments**
**CC16a**
04/06/2024
11/03/2024
**1146260**
**The John Raymond Tijou Charitable Trust**
**Receipts andpayments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
~~<<~~| |---| |**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Last year**| |**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**| |**A1 Receipts**| |Income from investments
**45,570**
**-**
**-**
**45,570**
**57,179**
Income from Interest
**440**
**-**
**-**
**440**
**-**
Exchange rate difference
**5**
**-**
**-**
**5**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_**_(Gross income for_
_AR)_
**46,015**
**-**
**-**
**46,015**
**57,179**
~~=== ===~~| |**A2 Asset and investment sales,**
**(see table).**
Sale of investments
**-**
**-**
**898,502**
**898,502**
**1,499,283**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**898,502**
**898,502**
**1,499,283**
**_Total receipts_**
**46,015**
**-**
**898,502**
**944,517**
**1,556,462**
~~——————~~| |**A3 Payments**| |Charitablepayments
**28,000**
**-**
**-**
**28,000**
**21,000**
Trust management fees
**4,477**
**-**
**-**
**4,477**
**7,155**
Discretionaryand advice fees
**-**
**-**
**15,362**
**15,362**
**21,408**
Independent examination fees
**-**
**-**
**-**
**-**
**2,904**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ 32,477**
**-**
**15,362**
**47,839**
**52,467**
~~=—=====~~| |**A4 Asset and investment**
**purchases, (see table)**
Investmentpurchases
**-**
**-**
**879,483**
**879,483**
**1,478,761**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**879,483**
**879,483**
**1,478,761**
**_Total payments_**
**32,477**
**-**
**894,845**
**927,322**
**1,531,228**
**_Net of receipts/(payments)_**
**13,538**
**-**
**3,657**
**17,195**
**25,234**
**A5 Transfers between funds**
**(2,811)**
**- 2,811**
**-**
**-**
**A6 Cash funds last year end**
**45,870**
**- 3,732**
**49,602**
**24,368**
**_Cash funds this year end_**
**56,597**
**-**
**10,200**
**66,797**
**49,602**
~~SSSS=~~
~~==>=—=~~| CCXX R1 accounts (SS) 03/09/2025 1 ## **Section B Statement of assets and liabilities at the end of the period** ||||**Unrestricted**
**Restricted**||**Endowment**| |---|---|---|---|---|---| |**Categories**|**Details**||**funds**
**funds**||**funds**| ||||**to nearest £**
**to nearest £**||**to nearest £**| |**B1 Cash funds**|**-**
**-**
**10,200**
**56,597**
**-**
**-**
**-**
**-**
**-**
**56,597**
**-**
**10,200**
Capital account
Income account
**_Total cash funds_**
~~<=>~~||||| ||(agree balances with receipts and payments|(agree balances with receipts and payments|||| ||account(s))||OK
OK||OK| ||||**Unrestricted**
**Restricted**||**Endowment**| ||||**funds**
**funds**||**funds**| ||**Details**||**to nearest £**
**to nearest £**||**to nearest £**| |**B2 Other monetary assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~—_—~~||||| ||**Details**||**Fund to which**
**asset belongs**
**Cost (optional)**||**Current value**
**(optional)**| |**B3 Investment assets**|**Endowment**
**-**
**2,585,384**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Investment portfolio
~~——=—~~||||| ||**Details**||**Fund to which**
**asset belongs**
**Cost (optional)**||**Current value**
**(optional)**| |**B4 Assets retained for the**
**charity’s own use**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~qa~~||||| ||||**Fund to which**
**Amount due**||**When due**| ||**Details**||**liability relates**
**(optional)**||**(optional)**| |Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**|**-**
**-**
**-**
**-**
Date of
approval
03/09/2025
Print Name
Chris Thurlow
On behalf of Ludlow Trust Company
(Southampton)Ltd
Signature
~~a~~||||| |CCXX R2 accounts (SS)|2||||03/09/2025| ## **Independent Examiner's Report to the Trustee of The John Raymond Tijou Charitable Trust** I report to the charity trustee on my examination of the accounts of the charity for the year ended 3 November 2024. ## **Responsibilities and basis of report** As the charity’s trustee 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 03 September 2025 Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY