THE A C H CRISFORD CHARITABLE FOUNDATION
ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022
CHARITY INFORMATION
TRUSTEES
Killik & Co Trustee Limited
46 Grosvenor Street Mayfair
London W1K 3HN
Andrew Charles Henry Crisford 35 Berkeley House Hay Hill London
W1J 8NS
Benjamin Graebner Crisford
Flat 6 38 Brunswick Square
Hove
BN3 1EE
Frederick Richard Forshaw
Old Church Farm
Norwell Road
Caunton Newark Nottinghamshire
W1K 3HN
OFFICES
Killik & Co Trustees Limited
Crown House Crown Street Ipswich Suffolk IP1 3HS
INVESTMENT MANAGERS
BANKERS
INDEPENDENT EXAMINER
REGISTERED CHARITY NUMBER
Killik & Co Stockbrokers 46 Grosvenor Street Mayfair London W1K 3HN
Metro Bank One Southampton Row London WC1B 5HA Killik & Co Crown House Crown Street Ipswich Suffolk IP1 3HS
1150956
THE A C H CRISFORD CHARITABLE FOUNDATION
TRUSTEE’S REPORT YEAR ENDED 31 DECEMBER 2022
CONSTITUITION AND OBJECTIVES OF THE TRUST
The A C H Crisford Charitable Foundation is registered with the Charity Commission for England and Wales and constituted by Deed of Trust dated 31 December 2012. Under its terms the Trust is to support education and research in the fields of science, horology, music, literature, arts and medicine.
FURTHERANCE OF THE OBJECTIVES OF THE TRUST
The Trustees are pleased to report that during the year they have donated £12,500 in accordance with the Charity’s objectives as above.
STATEMENT OF THE TRUSTEES’ RESPONISIBILITIES
The Charities Act 1992 and 1993 require the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing these financial statements the Trustees are required to:
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Select suitable accounting policies and then apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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Prepare the financial statements on the going concern basis unless it is inappropriate to do so.
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Act in accordance with the Charity’s constitution and rules.
The Trustees are responsible under Trust Law to ensure the propriety of transactions and for keeping adequate accounting records to enable them to ensure that the financial statements comply with the Charities Act 1992 and 1993. They are also responsible for safeguarding the assets of the Charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The major risks to which the Charity is exposed as identified by the Trustees have been reviewed and systems established to mitigate those risks.
THE A C H CRISFORD CHARITABLE FOUNDATION
TRUSTEES’ REPORT (CONTINUED)
YEAR ENDED 31 DECEMBER 2022
RISK REVIEW
The Trustees have assessed the major risks to which the Charity is exposed in particular those related to operations and finances of The Trust and are satisfied that systems are in place to mitigate our exposure to major risks.
RESERVES AND INVESTMENT POLICY
The Trustees’ policy is to maintain reserves such that income generated is sufficient to meet the running costs and secure the long term existence of the Charity.
On behalf of the Trustees
J Hacker
(Authorised Official)
THE A C H CRISFORD CHARITABLE FOUNDATION
ACCOUNTS FOR YEAR ENDED 31 DECEMBER 2020
Trust No. KEB5864
The A C H Crisford Charitable Foundation
Registered Charity No. 1150956
Valuation of Trust Assets as at 31 December 2022
| Nominal Stock Mid Price £ 124 CG Portfolio Fund Absolute Return 135.47 1,040 Ennismore Fund Man. Global Equity 12.47 7,900 FIL Investment Services (UK) limited Global Dividend Acc Nav 2.957 9,400 Jupiter Asst Management (Europe) Ltd Merian Gbl Eqty Abs Return I GBP Acc Hgd 1.8287 14,500 LF Investment Fund LF Equity Income C GBP ACC 0.0139 76.92 Salar Fund PLC Salar C1 Sterling Shares DIS 150.4900 17,000 Trojan Investment Funds Trojan X ACC 1.2660 127.26 Winton UCITS Funds ICAV Winton Trend UCITS I GBP Acc 137.895 Cash balance at Platform Securities 9,672 Share of Violin (The Charlotte Scott Violin Trust 2013-2033) |
Value £ 16,798.28 12,968.80 23,360.30 17,189.78 201.55 11,575.69 21,522.00 17,548.66 |
|---|---|
| 121,165.06 18,350.20 |
|
| 139,515.26 15,590.00 |
|
| 155,105.26 |
Trust No. KEB5864
The A C H Crisford Charitable Foundation
Registered Charity No. 1150956
Receipts and Payments for the Year ended 31 December 2022
| Date Nominal Receipts Balances b/f as at 1 January 2022 Metro Bank account Platform Securities Donation received 26/01/2022 Received from HMRC Charities 13/09/2022 Receipt from Ridolfin Limited 23/12/2022 Donation from Andrew Crisford Investment transactions Capital repayment LFS WDFD Equity inc Income 11/01/2022 124 CG Absolute Return 22/12/2022 124 CG Absolute Return |
Value Value Date Payments £ £ 20,186.50 Donations 18,150.04 38,336.54 03/02/2022 The Worshipful Company of Clock Makers 08/02/2022 Hand Engravers Association 10/02/2022 The National Maritime Museum 4,500.00 30/06/2022 Ask Eide (sponsorship of prize awarded at Newark Violin School) 2,500.00 30/06/2022 Lucy Farrington (sponsorship of prize awarded at Newark Violin School) 18,000.00 25,000.00 30/06/2022 Merritt Beisenbrger (sponsorship of prize awarded at Newark Violin School) 25/10/2022 Staffordshire University (in support of annual bursary) 28/11/2022 The Worshipful Company of Clock Makers (in support of 2023 Breguet exhibition at the Science Museum) 80.09 Killik & Co Global Custody charges To 12 April 2022 To 12 July 2022 230.61 To 11 October 2022 278.55 509.16 Balances c/f as at 31 December 2022 Metro Bank account Platform Securities £63,925.79 |
Value Value £ £ 1,000.00 1,500.00 1,000.00 1,000.00 1,000.00 1,000.00 5,000.00 1,000.00 12,500.00 96.65 97.40 97.52 97.52 389.09 32,686.50 18,350.20 51,036.70 £63,925.79 |
Value Value £ £ 1,000.00 1,500.00 1,000.00 1,000.00 1,000.00 1,000.00 5,000.00 1,000.00 12,500.00 96.65 97.40 97.52 97.52 389.09 32,686.50 18,350.20 51,036.70 £63,925.79 |
|---|---|---|---|
| 230.61 278.55 |
|||
| £63,925.79 |
Independent examiner's report to the trustees of The Ralf Trust Reg Charity No. 1144551 on Accounts for the year ended 31 December 2022
I report on the accounts of the Trust for the year ended 31 December 2022, which are set out on pages 1 to 2.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Julia Hacker TEP Address: Killik & Co LLP, Crown House, Crown Street, Ipswich, Suffolk IP1 3HS Date: 4 February 2024