Trustees’ Annual Report for the period
From 02/11/2024 To 01/11/2025
Charity name: The Anthony 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 | 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. |
| 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 to the following charities totalling £92,000. • Head2Head Theatre • International Needs UK • The Movement for NonMobile Children (Whizz-Kidz) • Royal Hospital for Neurodisability • The Salvation Army • Samaritans • St Vincent De Paul Society England & Wales • Civitas • ABF the Soldiers Charity • Aid To The Church In Need UK • St Catherines Hospice Ltd • Carers Trust • Stella Maris • The Royal British Legion • Cerebral Palsy Plus • The Childrens Trust • Combat Stress • Rosebery Centre |
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 £3,253 (2024: £8,860) and investments valued at £662,013 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 £6,509 (2024: £13,231). |
| 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: | You may choose to include further statements where relevant about: | 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 | Para 1.25 | Trust deed dated 4thJanuary 2013 |
| 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 trustees from time to time. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
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 Ltd was paid £5,223 (2024: £4,919) for trust administration and cash management fees during the year under review. These fees are authorised under clause 6 of the trust deed. |
| Other |
Reference and Administrative details
| Charity name | The Anthony Scholefield Foundation |
|---|---|
| Other name the charity uses | None |
| Registered charity number | 1150446 |
| Charity’s principal address | 1stFloor, Tower Wharf, Cheese Lane, Bristol, BS2 0JJ |
Names of the charity trustees who manage the charity
| 1 2 3 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Ludlow Trust CompanyLimited |
||||
| AnthonyScholefield | ||||
– Corporate trustees names of the directors at the date the report was approved Director name Gary St John Collins Duncan Walter Coxon Ali Reza Sarikhani Ziba Christina Sakine Sarikhani Christopher Ian Thurlow Matthew John Wickers
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 | Coutts & Co | 440 Strand, London, WC2R 0QS |
| Bankers | Coutts & Co | 440 Strand, London, WC2R 0QS |
| Accountants | Charter Tax Consulting Limited |
8th Floor, 1 Southampton St, London WC2R 0LR |
| Independent Examiner | Katie Wilson | Blue Spire Limited, Cawley Priory, South Pallant, Chichester, PO19 1SY |
Name of chief executive or names of senior staff members (Optional information) ~~RC~~
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) ~~Kata Widen~~ Full name(s) Matthew Winterbottom Position (eg Secretary, On behalf of Ludlow Trust Chair, etc) ~~—ee~~ Company Limited (Trustee) ~~—~~ Date 26 March 2026 ~~|~~
| 1150446 The Anthony Scholefield Foundation |
||
|---|---|---|
| Receipts andpayments accounts | CC16a | |
| 02/11/2024 01/11/2025 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 9,275 - - 9,275 14,888 Additions from Settlor 57,000 57,000 34,750 Gift Aid 14,250 14,250 8,688 Interest Received 837 - - 837 1,031 - - - - - Sub total(Gross income for AR) 10,112 - 71,250 81,362 59,357 A2 Asset and investment sales, (see table). Sale Of Investments - - 203,973 203,973 486,706 - - - - - Sub total - - 203,973 203,973 486,706 Total receipts 10,112 - 275,223 285,335 546,063 ~~== SSS =~~ ~~————~~ |
||
| A3 Payments | ||
| Grants Awarded 92,000 - - 92,000 62,000 Investment Manager Fees - - 2,841 2,841 2,654 Trust Administration Fees 5,195 - - 5,195 4,891 Independent Examiners Fees 600 - - 600 - Cash Management Fees 28 - - 28 28 Accountancy 600 - - 600 - Sub total 98,423 - 2,841 101,264 69,573 ~~=~~ ~~SS~~ |
||
| A4 Asset and investment purchases, (see table) Investment Purchases - - 196,400 196,400 471,027 - - - - Sub total - - 196,400 196,400 471,027 Total payments 98,423 - 199,241 297,664 540,600 Net of receipts/(payments) - 88,311 - 75,982 - 12,329 5,463 A5 Transfers between funds 81,589 - 81,589 - 16,628 A6 Cash funds last year end 13,231 8,860 22,091 - Cash funds this year end 6,509 - 3,253 9,762 22,091 ~~SSS=~~ ~~——S=—=~~ |
CCXX R1 accounts (SS)
26/03/2026
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 | - - 3,253 6,509 - - - - - 6,509 - 3,253 Capital Account Income Account Total cash funds ~~SEE~~ |
||||
| (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 - 662,013 - - - - - - - - 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 |
||
| Matthew Winterbottom on behalf of | 26 March 2026 | ||||
| Ludlow Trust CompanyLtd(Trustee) | |||||
| CCXX R2 accounts (SS) | 2 | 26/03/2026 |
Signed by one or two trustees on behalf of all the trustees
CCXX R2 accounts (SS)
26/03/2026
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 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:
- 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.
Katie Wilson FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
Date
26 March 2026
10