2025-11-03-accounts

Trustees’ Annual Report for the period

From 4th November 2024 To 3rd November 2025

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 hold the capital and income upon trust to apply the income and all or such parts of the capital at such time or times and in such a 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. 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. 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	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 Para 1.38 including program related investment Contribution made by Para 1.38 volunteers 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 to the following charities totalling £47,800.  Cancer Research UK  Blood Cancer UK Research  Breast Cancer Now  Macular Disease Society  Lepra  OPA Cancer Charity  Muscular Dystrophy  Cystic Fibrosis Trust  KIDNEY RESEARCH UK  British Heart Foundation  Leukaemia & Myeloma Research  Crohn's & Colitis UK

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	In addition to the free reserves the charity has bank balances of £8,336 (2024: £10,200) and investments valued at £2,858,459 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	At the end of the reporting period the charity had free reserves of £57,158 (2024: £56,597).
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	No funds in deficit
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Expendable endowment funds are those which are required to be invested to produce Other 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	Structure, Governance and Management	Structure, Governance and Management
Description of charity’s trusts:
Type of governing document	Para 1.25	Will Proved 09/02/2012 Charity created 03/11/2011 being the date of death.
How is the charity constituted?	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 for any expenses in the year under review. Ludlow Trust Company (Southampton) Limited (previously known as HSBC and took over as trustees on 1 March 2025) was paid £29,173 (2024: £4,477) for trust administration fees and investment management fees during the year under review. These fees are authorised under clause 2 of the trust deed.
Other

Reference and Administrative details

Charity name	The John Raymond Tijou Charitable Trust
Other name the charity uses	None
Registered charity number	1146260
Charity’s principal address	Ludlow Trust Company (Southampton) Limited, Yarmouth House, 1300 Parkway, Solent Business Park, Whiteley, PO15 7AX

Names of the charity trustees who manage the charity

Trustee Name	Office (If Any)	Dat acted for if not whole year	Name of person (or body) entitled to appoint trustee (ifany)
Ludlow Trust Company (Southampton) Limited

– Corporate trustees names of the directors at the date the report was approved

Director name
Gary St John Collins	(appointed 01/03/2025, resigned 31/03/2026)
Walter Duncan Coxon	(appointed 01/03/2025)
Matthew John Wickers	(appointed 01/03/2025)
Christopher Ian Thurlow	(appointed 19/03/2025)
Alexander Edward Mulroe	(appointed 01/04/2026)
Jacqueline Marie Gentles	(resigned 01/03/2025)
Emma Louise Chee	(resigned 01/03/2025)
Jenny Fiona Goldie-Scot	(resigned 01/03/2025)
James Edward Hewitson	(resigned 01/03/2025)

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	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser	Name	Address
Investment Managers	HSBC UK Bank PLC	8 Cork Street, London, W1S 3LJ
Bankers	HSBC UK Bank PLC	8 Cork Street, London, W1S 3LJ
Accountants	Charter Tax Consulting Limited	8th Floor, 1 Southampton St, London WC2R0LR
Independent Examiner	James O’Rourke	Blue Spire Limited, Cawley Priory, South Pallant, Chichester,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

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) Christopher Thurlow ~~ee ee~~ Position (eg On behalf of Ludlow Trust Secretary, Chair, etc) Company (Southampton) ~~a~~ Limited (Trustee) Date 01 May 2026 ~~tT~~

1146260 The John Raymond Tijou Charitable Trust
Receipts andpayments accounts		CC16a
4th November 2024 3rd November 2025 Period start date Period end date To For the period from
Section A Receipts and payments
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 59,702 - - 59,702 45,570 Interest Received 1,272 - - 1,272 440 Exchange rate difference - - - - 5 Sub total(Gross income for AR) 60,974 - - 60,974 46,015 ~~SSS~~
A2 Asset and investment sales, (see table). Sale Of Investments - - 1,524,908 1,524,908 898,502 - - - - - _Sub total _ - - 1,524,908 1,524,908 898,502 Total receipts 60,974 - 1,524,908 1,585,882 944,517 ~~——_————~~
A3 Payments
Grants Awarded 47,800 - - 47,800 28,000 Investment Manager Fees - - 21,185 21,185 - Trust Administration Fees 7,988 - - 7,988 4,477 Independent Examiners Fees 600 - - 600 - AccountancyFees 3,600 - - 3,600 - Discretionaryand advice fees - - - - 15,362 Sub total 59,988 - 21,185 81,173 47,839 ~~—_=====~~
A4 Asset and investment purchases, (see table) Investment Purchases - - 1,506,012 1,506,012 879,483 - - - - - Sub total - - 1,506,012 1,506,012 879,483 Total payments 59,988 - 1,527,197 1,587,185 927,322 ~~——————~~
Net of receipts/(payments) 986 - - 2,289 - 1,303 A5 Transfers between funds - 425 425 - A6 Cash funds last year end 56,597 10,200 66,797 Cash funds this year end 57,158 - 8,336 65,494 ~~===~~	- 1,303 - 65,494	17,195 - 49,602 66,797	195 - 49,602 66,797

CCXX R1 accounts (SS)

01/05/2026

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
		Unrestricted Restricted		Endowment
Categories	Details	funds funds		funds
		to nearest £ to nearest £		to nearest £
B1 Cash funds	- - 8,336 57,158 - - - - - 57,158 - 8,336 Total cash funds Capital Account Income Account ~~===~~
	(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 - 2,858,459 - - - - - - - - Investment Portfolio ~~—=—=~~
	Details	Fund to which asset belongs Cost (optional)		Current value (optional)
B4 Assets retained for the charity’s own use	- - - - - - - - - - - - - - - - - - ~~====~~
		Fund to which Amount due		When due
	Details	liability relates (optional)		(optional)
B5 Liabilities	- - - - ~~===>~~
Signed by one or two trustees on behalf of all the trustees	Signature	Print Name		Date of approval
		Christopher Thurlow on behalf of
		Ludlow Trust Company (Southampton)		01 May 2026
		Limited(Trustee)

Signed by one or two trustees on behalf of all the trustees

CCXX R2 accounts (SS)

01/05/2026

2

Independent Examiner's Report to the Trustees of The John Raymond Tijou Charitable Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 03 November 2025

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.

James O’Rourke FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY

Date

01 May 2026