Trustees' Annual Report for the period
Period start date Period end date 19 03 2021 18 03 2022
From
To
Section A Reference and administration details
Charity name
The Palmer Children’s Trust
Other names charity is known by Registered charity number (if any) 1155644
The PCT
Charity's principal address
Forbury Farm Kimbolton Leominster, Herefordshire Postcode HR6 0EP
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 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Julian PhilipPalmer | ||||
| Rachel Sarah Palmer | ||||
| GuyAlexander Palmer | ||||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
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| Names and addresses of advisers (Optional information) Type of adviser Name Address |
Names and addresses of advisers (Optional information) Type of adviser Name Address |
Names and addresses of advisers (Optional information) Type of adviser Name Address |
|---|---|---|
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Constitution
- (eg. trust deed, constitution)
Charitable Incorporated Body How the charity is constituted
- (eg. trust, association, company)
Appointed by the existing trustees for a term of not more than 3 years Trustee selection methods
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
The relief of sickness, promotion of good health and assistance in the treatment and care of children and young people suffering from life limiting mental or physical illness of any description or in need of Summary of the objects of the rehabilitation or palliative care as a result of such illness; to provide charity set out in its respite to such children and young persons and their families; and governing document provide financial support or grants to other charities or directly to beneficiaries as the trustees may determine.
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No grants were made in the year.
The trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit.
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
-
contribution made by volunteers.
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Section D Achievements and performance
Summary of the main achievements of the charity during the year
The charity has moved to a model of being fully supported by Julian and Rachel. It had been hoped that the commercialisation of IPR (reported in last year’s report) would have come on stream in 2021. Although expressions of interest have been made by several UK investment companies, commercial terms have not been reached. The charity continues to be supported by Julian and Rachel in the meantime and as such the charity remains viable and will make modest donations to meet its charitable obligations.
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Section E Financial review
The charity has yet to establish capital that may necessitate a reserves Brief statement of the policy. Accordingly, at the date of this report the charity has no reserves charity’s policy on reserves policy. The trustees have agreed to review this position biannually.
Details of any funds materially N/A in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
-
the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Julian Philip Palmer Rachel Sarah Palmer Position (eg Secretary, Chair, Trustee Trustee etc) Date 11/01/2025
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| Charity Name | No (if any) | |||
|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | |||
| For the period from |
19/03/2021 | To | 18/03/2022 |
| Section A Receipts and payments | Section A Receipts and payments | Section A Receipts and payments | |||||||
|---|---|---|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
||||
Donations |
- | - | - | - | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) | - | - | - | - | - | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | |||||||||
| - | - | ||||||||
| Sub total | - | - | |||||||
| Total receipts A3 Payments |
|||||||||
| - | |||||||||
Donation collection fees |
203 | - | - | 203 | - | ||||
| Bank charges | 5 | - | - | 5 | - | ||||
| ICO Fees | 35 | - | - | 35 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | 243 | - | - | 243 | - | ||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| - | |||||||||
| - | |||||||||
| **Sub total ** | - | - | |||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||||
| - | |||||||||
| - 243 | - | ||||||||
| - | - | ||||||||
| 2,183 | - | ||||||||
| 1,940 | - |
Section B Statement of assets and liabilities at the end of the period
| 1 Details Total cash funds Bank |
Unrestricted funds to nearest £ 1,940 - - 1,940 |
Restricted funds to nearest £ - - - - |
Endowment funds to nearest £ |
|---|---|---|---|
| 1,940 | - | - | |
| - | - | - | |
| - | - | - | |
| 1,940 | - | 1/01/2025 - |
Categories Details B1 Cash funds Bank
CCXX R1 accounts (SS)
| Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use |
Details 5 year investment with Aviva (agree balances with receipts and payments account(s)) Details Details Details Signature |
OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Unrestricted - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Julian Palmer Rachel Palmer |
OK |
|---|---|---|---|
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval | |||
| Julian Palmer | 11/01/2025 | ||
| Rachel Palmer | 11/01/2025 |
CCXX R2 accounts (SS)
11/01/2025
2