## **Trustees’ Annual Report for the period** **From 1 April 2022 Period start date To date** ## **31 March 2023 Period end** **Charity name:** The Rasche Family Charitable Trust ## **Charity registration number:** 1160855 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the Trust are for the public
benefit to advance such exclusively charitable
purposes (according to the law of England and
Wales) as the Trustees see fit from time to
time including (but without limiting the
generality of the foregoing) to make grants to:
- Advance education; - Advance health; and -
To relieve those in need by reason of ill health
or disability| |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|The Trustees have agreed to continue to
support the two key Charities that the settlor
and his family know well and have supported
for several years. These are: The On Course
Foundation, which helps severely injured
current and past service personnel rehabilitate
through golf; African Revival, which builds
schools and supports other educational and
community needs in rural Africa. For several
years the Trustees have also supported Caring
for Life a local Christian charity that cares for
vulnerable people by providing
accommodation and ongoingsupport.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees confirm that they have complied
with their duties to give due regard to the
Charity Commission’s guidance to charities 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 Page | 1 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 financial year, grants totalling
£60,000 were made. The Charities which
received donations were:
•
The On Course Foundation (Charity
Number 1136618) Supporting the
recovery of injured and sick Service
personnel and veterans through
nationwide golf events and
employment in the golf industry.
•
African Revival (Charity Number
1108718) Transforming schools in
Africa into effective, thriving teaching
and learning environments.
•
Caring for life (Charity Number
1174982Helping homeless or
vulnerable people by providing
accommodation, ongoing support, and
friendship.
•
The Principle Trust Children’s Charity
(Charity Number 1141546) which helps
disabled children and families have
some respite / holiday.
•
Zarach (Charity Number 1179539)
Providing help and support to children
and families who live in poverty.
•
Skipton Baptist Church (Charity
Number 1181773) To be used with the
foodbank service which they provide to
those who suffer from food poverty.
•
The Sick Children’s Trust (Charity
Number 284416) Providing
accommodation to families across| Page | 2 Yorkshire with a seriously ill child being treated at Leeds Children’s Hospital, offering them practical and emotional support at a time of great upheaval. • Children’s Heart Surgery Fund (Charity Number 1148359) Providing support to the Leeds Congenital Heart Unit so that they can provide life-saving medical equipment, parent accommodation and vital ward resources. **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
Achievements against Para 1.41
objectives set
Performance of fundraising
activities against objectives Para 1.41
set
Investment performance Para 1.41
against objectives
Other
**----- End of picture text -----**
Page | 3 ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The Trustees consider the financial position of
the Charity to be satisfactory.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trustees have decided not to hold reserves
on the basis that the charity has no overheads
and recognises grants at the time of approval,
rather than when the grant is paid, which
ensures that the trustees can honour the
grants that they have decided to award. The
Trustees keep their position on reserves under
review.| |Amount of reserves held|Para 1.22|nil| |Reasons for holding zero
reserves|Para 1.22|See above| |Details of fund materially in
deficit|Para 1.24|n/a| |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: |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|The Trustees consider the financial position of
the Charity to be satisfactory. The Trustees
have the power to invest in such assets as we
see fit. Funds have been placed with
Handlesbanken and all funds held are
unrestricted. During the year capital has been
invested in cautious managed funds to try and
increase the interest earned. Funds are also
held in a private equity fund to increase
returns. The Trustees met three times during
theyear to formallydiscussgrant applications.| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| Page | 4 ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Trust Deed| |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|The power of appointing new or additional
Trustees is vested in the Settlor during his
lifetime and thereafter to the present Trustees.
Every new Trustee must sign a declaration of
willingness to act as a Trustee of the Charity
before he or she may act as a Trustee.| ## **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 Trustees had initial training on
responsibilities and charitable governance
provided by Wrigleys Solicitors charity
specialists.| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The Trust Deed provides for a minimum of 3
Trustees, to a maximum of 8 Trustees, or a sole
corporate Trustee. The Trust Deed also
provides that the Trustees must hold at least
one meeting a year.| |Relationship with any
related parties|Para 1.51|| |Other||The Trustees met three times during the year
to formally discuss grant applications which are
reviewed by one or more of the Trustees
initially and a shortlist drawn up each quarter.
At one meeting, the Trustees also confirmed
the strategy of distributing roughly £60,000 of
the capitalgrantper annum.| ## **Reference and Administrative details** |Charityname|The Rasche FamilyCharitable Trust| |---|---| |Other name the charity uses|| |Registered charitynumber|1160855| Page | 5 |Charity’s principal address|Wrigleys Solicitors LLP
3rd Floor
3 Wellington Place
Leeds
LS1 4AP| |---|---| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||David Anthony
Rasche|Chairman||| ||Michelle Louise
Connolly|||| ||Christopher Mark
Rasche|||| ||Lynsey Helen
Robinson|||| ||Diane Rasche|||| – 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 Page | 6 segregation of such assets from the charity’s own assets ## **Additional information (optional)** **Names and addresses of advisers (Optional information)** |**Additional information (optional)**
**Names and addresses of advisers (Optional information)**|**Additional information (optional)**
**Names and addresses of advisers (Optional information)**|**Additional information (optional)**
**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |Solicitor|Wrigleys Solicitors LLP|3rd Floor, 3 Wellington Place, Leeds LS1 4AP| |General
Adviser|abrdn Private Client
Services|Floor 7, 145 Vincent Street, Glasgow, G2 5JF| |||| |||| **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** **----- Start of picture text -----**
Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
22 January 2024
**----- End of picture text -----**
Page | 7 The Rasche Family Charitable Trust Chairmans report Chairman’s Report thousand pounds in the year. The larger grants have been to the main chari�es that we support, The On Course Founda�on, African Revival and Caring for Life, plus some smaller local chari�es that we have been able to help again. large organisa�ons or ones outside Yorkshire. We were able to give funds to Leeds children’s heart surgery unit, the Leeds sick children’s fund and three local chari�es who help disadvantaged and impoverished families. The trustees met three �mes during the year as well discussing applica�ons and other maters via email. We reaffirmed our policy of gran�ng in a similar way and at a similar level to the last two years. We refer to advisers where necessary and they keep us up to date with and changes in legisla�on. There was nothing relevant during this year. families and we will con�nue to help where we can within our capabili�es. Increased interest rates over the past period may allow us to grant a litle more during 2023/4. 22 January 2024 **The Rasche Family Charitable Trust** **1160855** ## **Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts** **Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts CC16a For the period** 01/04/2022 31/03/2023 **To from** ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**-**
**-**
**2,129**
**16,794**
**6,702**
**-**
**-**
**-**
**25,625**
**122,542**
**113**
**122,655**
**148,280**
**60,000**
**1,320**
**1,800**
**5,336**
**-**
**-**
**-**
**-**
**-**
**68,456**
**100,037**
**-**
**100,037**
**168,493**
**- 20,213**
**-**
**250,892**
**230,680**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**
**-**
**-**
**2,129**
**16,794**
**6,702**
**-**
**-**
**-**
**25,625**
**122,542**
**113**
**122,655**
**148,280**
**60,000**
**1,320**
**1,800**
**5,336**
**-**
**-**
**-**
**-**
**-**
**68,456**
**100,037**
**-**
**100,037**
**168,493**
**- 20,213**|**Total funds**
**to the nearest £**
**-**
**-**
**2,129**
**16,794**
**6,702**
**-**
**-**
**-**
**25,625**
**122,542**
**113**
**122,655**
**148,280**
**60,000**
**1,320**
**1,800**
**5,336**
**-**
**-**
**-**
**-**
**-**
**68,456**
**100,037**
**-**
**100,037**
**168,493**
**- 20,213**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---| |HMRC Repayment|**-**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**||**-**| |HMRC Reapayment Supplement|**-**|||**-**||**-**| |Handelsbanken Gross Bank Interest|**2,129**|||**2,129**||**253**| |Rathbone Investment Management|**16,794**|||**16,794**||**15,024**| |B/O YFM EquityPartners|**6,702**|||**6,702**||**43,618**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**25,625**|||**25,625**||**58,895**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| |Sales Proceeds|**122,542**||**-**
**-**
**-**|**122,542**||**154,313**| |Equalisationpayments|**113**|||**113**||**-**| |**_Sub total_**|**122,655**|||**122,655**||**154,313**| |**_Total receipts_**
**A3 Payments**||||||| ||||**-**|**148,280**||**213,208**| |||||||| |Donations|**60,000**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**60,000**||**60,000**| |Governance - Wrigleys|**1,320**|||**1,320**||**1,980**| |Governance - abrdn(formerly1825)|**1,800**|||**1,800**||**1,800**| |Investment Management Costs -
Rathbone Management|**5,336**|||**5,336**||**5,576**| |Handelsbanken Charges|**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| |**_Sub total_ **|**68,456**|||**68,456**||**69,356**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| |Rathbone Investment Management
(Investments)|**100,037**||**-**
**-**
**-**|**100,037**||**151,082**| ||**-**|||**-**||| |**_Sub total_ **|**100,037**|||**100,037**||**151,082**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||**DRAFT**|||| ||||**-**|**168,493**||**220,438**| |||||||| ||**- 20,213**|**-**|**-**|**- 20,213**||**- 7,230**| ||**-**|**-**|**-**
**-**|**-**||**-**| ||**250,892**|**-**||**250,892**||**258,123**| ||**230,680**|**-**|**-**|**230,680**||**250,892**| CCXX R1 accounts (SS) 08/01/2024 1 ## **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**
Rathbone Investment Management
(Investments)
B/O YFM Equity Partners (Investments)
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Handelsbanken
Rathbone
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**206,820**
**-**
**23,860**
**-**
**-**
**-**
**230,680**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Unresticted**
**637,254**
**Unresticted**
**90,000**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||||| ||||| CCXX R2 accounts (SS) 08/01/2024 2 * 1 (HARITY COMMISSION Independent examiner's report on the FOR ENGLAND AND WALFS accounts Section A Indopendent Examinèr's Report Report to the trustees @figcM¢ fQtyiL4 CHAQifabLf On accounts for the year ended 31 hARCO 1013 Charity no lif any) A1696f Set out on pages I report to the Iruslees on my examination f the accounts of the above Responsibilitie5 and basis of report As the charitvs trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 1.the Acl"). I report in respect of my examination of the Twst's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable DirectKJns given by the Charity Commission under section 145151{bl of the Act. Independent examinerfs statement I have completed my examination. l o)nfim that no material matters have come to my attention in connection with the examination {8#￿* d1sel￿.) which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance wth section 130 of the Charities Act.. or the accounts did not accord with the accounting records., or the accounts did not comply wlh the applicable requirements conceming the form and content of accounts set out in the Charities (Accounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examinalion. I have no concerns and have come across no other matters in connection th the exarninalion lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: Name: fr1g Relevant professional qualification{s} or body IER Oct 2018 (If any).. Address.. Section B Disclosure Only complete if the examiner needs lo highlight material mattèrs of concern (see CC32, Independent examination of charity acGounls: direcbons and guidance for examiners). Give here brief details of any Items that th¢ examiner wishes to disclose. IER Oct 2018