|**The Edward and Catherine Wray Charitable Trust**|**The Edward and Catherine Wray Charitable Trust**|**1176537**||| |---|---|---|---|---| |**Receipts andpayments accounts**||||**CC16a**| |Period start date
**For the period**
**from**
14.01.2022|**To**|Period end date
31.12.2022||| |**Section A Receipts and payments**|**Section A Receipts and payments**||||| |---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**90,141**
**-**
**-**
**-**
**-**
**-**
**90,141**
**-**
**-**
**-**
**90,141**
**30,000**
**-**
**-**
**-**
**-**
**30,000**
**-**
**-**
**-**
**30,000**
**60,141**
**13,932**
**74,073**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**1,710**
**-**
**-**
**-**
**-**
**-**
**1,710**
**4,182,044**
**-**
**4,182,044**
**4,183,754**
**300,000**
**25,897**
**30,309**
**780**
**-**
**-**
**-**
**-**
**356,986**
**3,905,358**
**-**
**3,905,358**
**4,262,344**
**- 78,590**
**195,844**
**117,254**|**Total funds**
**to the nearest £**
**90,141**
**1,710**
**-**
**-**
**-**
**-**
**-**
**91,851**
**4,182,044**
**-**
**4,182,044**
**4,273,895**
**330,000**
**25,897**
**30,309**
**780**
**-**
**-**
**-**
**-**
**-**
**386,986**
**3,905,358**
**-**
**3,905,358**
**4,292,344**
**- 18,449**
**-**
**209,776**
**191,327**|**Last year**
**to the nearest £**| |Investment income|**90,141**||||**95,289**| |Interest|||||**74**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**90,141**||||**95,363**| ||||||| |**A2 Asset and investment sales,**
**(see table).**|||||| |Sale of investments|**-**||||**3,452,601**| ||**-**||||**-**| |**_Sub total_**|**-**||||**3,452,601**| |**_Total receipts_**
**A3 Payments**|||||| ||||||**3,547,964**| ||||||| |Grants awarded|**30,000**||||**240,000**| |Investment manager fees (VAT inclusive)|||||**51,181**| |Trust administrative fees (VAT inclusive)|||||**7,250**| |Independent Examiners fees|||||**780**| ||||||| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_ **|**30,000**||||**299,211**| ||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||| |Investmentpurchases|**-**||||**3,175,074**| ||**-**||||| |**_Sub total_ **|**-**||||**3,175,074**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||| ||||||**3,474,285**| ||||||| ||**60,141**||**- 78,590**|**- 18,449**|**73,679**| |||||**-**|**-**| ||**13,932**||**195,844**|**209,776**|**136,097**| ||**74,073**|**-**|**117,254**|**191,327**|**209,776**| CCXX R1 accounts (SS) 01/11/2023 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**|| |---|---|---|---| |**Categories**
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**
**B1 Cash funds**|**Details**
Investment portfolio
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Capital account
Income account
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**74,074**
**-**
**-**
**-**
**74,074**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Endowment**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
Print Name
Yana Davies|**Endowment**
**funds**
**to nearest £**| ||||**117,254**| ||||**-**| ||||**-**| ||||**117,254**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**4,793,956**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Yana Davies|| ||||| CCXX R2 accounts (SS) 01/11/2023 2 ## **Trustees’ Annual Report for the period** ## **From 14 January 2022 To 31 December 2022** ## **Charity name: The Edward and Catherine Wray Charitable Trust Charity registration number: 1160375** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The trustees shall hold the capital and
income of the trust upon trust to apply the
income, and all or such part or 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
according to the law of England and Wales
in any part of the world and in such manner
as the Trustees may in their 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 in accordance with the Letter of
Wishes.| |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:|**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:| |---|---|---| ||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 five charities totalling
£330,000.00.| **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 74,074
(13.01.2022: £13,932).
In addition to the free reserves the charity
has bank balances of £117,254
(13.01.2022: £195,844) and investments
valued at £4,793,956 within the expendable
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
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **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||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
(trust deed, royal charter)|Para 1.25|Trust deed dated 31 January 2015| |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
trustees during their lifetimes or by the
trustees from time to time.| |---|---|---| |**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 nor
reimbursed any expenses in the year under
review.
During the year Ludlow Trust Company
were paid fees for trust administration
services of £30,309. These fees are
authorised under clause 6 of the trust
deed.| |Other||During the period the trustees resolved to
change the accounting year end date to 31
December to align with the calendar year.
This report therefore covers a short period
from 14 January 2022 to 31 December
2022.| ## **Reference and Administrative details** |Charity name|The Edward and Catherine Wray Charitable Trust| |---|---| |Other name the charity uses|| |Registered charity number|1160375| |Charity’s principal address|Trustees Department
1stFloor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ| ||| **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)**| |---|---|---|---|---| ||Edward James Wray|||| ||Catherin MayWray|||| ||Ludlow Trust
CompanyLimited|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| 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 ## **Funds held as custodian trustees on behalf of others** ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**es and addresses of advisers (Optional information)**|**es and addresses of advisers (Optional information)**|**es and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |**Investment Managers**|Coutts & Co|440 The Strand, London, WC2R 0QS| |**Bankers**|Coutts & Co|440 The Strand, London, WC2R 0QS| |**Accountants**|KJF Accounting Limited|17 Sheringham Avenue, Southgate,
London, N14 4UB| |||| **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)** Yana Davies **Position (eg Secretary, Chair, etc) Date** CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiners Report Report to the trusteesl members of The Edward and Catherine Way Charitable Trust On accounts for the year ended 31°, De￿mber 2022 Charity no lif any) 1176537 Set out on pages 1to2 I report to the trustees on my examination of the accounts of the above chanty I'the TNst"I for the year ended 3161 December 2022. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my 8xamination of the Trust's accounts Carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145151(bl of the Act. I have completed my examination. I confimi that no material matters have come lo my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or Ihe accounts do not accord with the accounting records Independent examiner's statement I hav8 no concems and have Gome across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: /-/d-LOI3 Name: Mr Keith Felton Relevant professional qualificationls) or body Ilf any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB Section 8 Disclosure Only complete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts.. directions and guidan￿ for examiners). IER October 2018 Glve here brief details of any iterns that the examinerwishes to disclose. IER October 2018 ## 2023-11-03WrayCT-Accounts Final Audit Report 2023-11-03 Created: 2023-11-03 By: Marta Kurpickaja (marta.kurpickaja@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAOmayLdMTDgUEDeLkbZjuBib9EcRLVbwz ## "2023-11-03WrayCT-Accounts" History Document created by Marta Kurpickaja (marta.kurpickaja@ludlowtrust.com) 2023-11-03 - 10:39:59 AM GMT- IP address: 62.232.188.26 Document emailed to Yana Davies (yana.davies@ludlowtrust.com) for signature 2023-11-03 - 10:40:32 AM GMT Email viewed by Yana Davies (yana.davies@ludlowtrust.com) 2023-11-03 - 10:48:45 AM GMT- IP address: 104.47.85.62 ## Document e-signed by Yana Davies (yana.davies@ludlowtrust.com) Signature Date: 2023-11-03 - 10:49:51 AM GMT - Time Source: server- IP address: 94.1.163.138 ## Agreement completed. 2023-11-03 - 10:49:51 AM GMT