## **Trustees’ Annual Report for the period** **From 02 November 2023 To 1 November 2024** **Charity name: The Athony Scholefield Foundation** ## **Charity registration number: 1150446** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objectives 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)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by 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 grant awards totalling £62,000 to the
following; The Children’s Trust, Civitas
Limited,
Combat
Stress,
International
Needs UK, Whizz-Kidz, Cerebal Palsy Plus,
St Vincent de Paul Society (England and
Wales),
Stella
Maris,
Samaritans,
St
Catherine’s Hospice Limited, The Salvation
Army, Royal Hospital for Neuro-Disability,
Rosebery Centre, ABF The Soldiers’
Charity, Aid to the Church in Need (United
Kingdom) and Carers Trust.| ## **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 £13,231 (2023:
£10,658).
In addition to the free reserves the charity
has bank balances of £8,860 (2023: £5,970)
and investments valued at £584,187 within
the endowment fund.
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 Para 1.23 uncertainties about the charity continuing as a going concern ## **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||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Trust deed dated 4 January 2013.| |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 settlor during
his lifetime or subject to this appointment is
by the 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|| No trustees received any remuneration or were reimbursed for any expenses in the year under review. Relationship with any related parties Para 1.51 Ludlow Trust Company Limited received £4,891 for trust administration services and £28 for cash management services during the year under review. These fees are authorized under clause 9 of the trust deed. Other ## **Reference and Administrative details** |Charity name|The Anthony Scholefield Foundation| |---|---| |Other name the charity uses|| |Registered charity number|1150446| |Charity’s principal address|Trustee Department
1stFloor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ| ## **Names of the charity trustees who manage the charity** |1
2|**Trustee name**|**Office (if**
**any)**|**Dates acted**
**if not for**
**whole year**|**Name of**
**person (or**
**body)**
**entitled to**
**appoint**
**trustee (if**
**any)**| |---|---|---|---|---| ||AnthonyScholefield|||| ||Ludlow Trust CompanyLimited|||| 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 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 ## **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**||| |**Bankers**||| |**Solicitors**||| |**Independent Examiner**||| |**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) Matthew Winterbottom Position (eg Secretary, On behalf of Ludlow Trust Chair, etc) Company Limited Date** 29 August 2025 |||**The Anthony Scholefield Foundation**|**The Anthony Scholefield Foundation**|**The Anthony Scholefield Foundation**|||**1150446**|**1150446**|||| |---|---|---|---|---|---|---|---|---|---|---|---| |||**Receipts andpayments accounts**||||||||**CC16a**|| ||**For the period**
**from**
~~ee~~|||02.11.2023
Period start date
~~ee~~||**To**
~~ee~~||01.11.2024
Period end date|||| |**Section A Receipts and payments**|**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||**14,888**||**-**||**-**||**14,888**||**12,469**|| |Bank interest||**1,031**||**-**||**-**||**1,031**||**802**|| |Additions to trust||**-**||**-**||**34,750**||**34,750**||**25,000**|| |Gift Aid||**-**||**-**||**8,688**||**8,688**||**6,250**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |**_Sub total_**_(Gross income for_
_AR)_||_(Gross income for_
_AR)_
**15,919**||**-**||**43,438**||**59,357**||**44,521**|| |**A2 Asset and investment sales,**
**(see table).**
Sale of investments
**-**
**-**
**486,706**
**486,706**
**265,748**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**486,706**
**486,706**
**265,748**
**_Total receipts_**
**15,919**
**-**
**530,144**
**546,063**
**310,269**
~~S555~~|||||||||||| |**A3 Payments**|||||||||||| |Grants awarded||**62,000**||**-**||**-**||**62,000**||**77,000**|| |Investment manager and admin fees||**-**||**-**||**2,654**||**2,654**||**2,505**|| |Administratrive fees||**4,891**||**-**||**-**||**4,891**||**4,690**|| |Cash management charges||**28**||**-**||**-**||**28**||**38**|| |Inependent examiners fee||**-**||**-**||**-**||**-**||**780**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |**_Sub total_ **||**66,919**||**-**||**2,654**||**69,573**||**85,013**|| |**A4 Asset and investment**
**purchases, (see table)**
Investmentpurchases
**-**
**-**
**471,027**
**471,027**
**271,005**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**471,027**
**471,027**
**271,005**
**_Total payments_**
**66,919**
**-**
**473,681**
**540,600**
**356,018**
**_Net of receipts/(payments)_**
**(51,000)**
**-**
**56,463**
**5,463**
**(45,749)**
**A5 Transfers between funds**
**53,573**
**-**
**(53,573)**
**-**
**-**
**A6 Cash funds last year end**
**10,658**
**-**
**5,970**
**16,628**
**62,377**
**_Cash funds this year end_**
**13,231**
**-**
**8,860**
**22,091**
**16,628**
~~———=—~~
~~SS]4]~~|||||||||||| CCXX R1 accounts (SS) 29/08/2025 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|**Details**
Capital account
Income Account
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
Coutts portfolio
**Details**|**Unrestricted**
**funds**
**to nearest £**
**-**
**13,231**
**13,231**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Endowment**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---| |||||**8,860**| |||||| |||||**-**| |||||**8,860**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**584,187**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**When due**
**(optional)**| |||||| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| Signed by one or two trustees on behalf of all the trustees ## Signature Print Name Matthew Winterbottom On behalf of Ludlow Trust Company Limited Date of approval CCXX R2 accounts (SS) 29/08/2025 2 ## **Independent Examiner's Report to the Trustees of The Anthony Scholefield Foundation** I report to the charity trustees on my examination of the accounts of the charity for the year ended 1 November 2024. ## **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 29 August 2025 Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY 10