Trustees’ Annual Report for the period
From 1[st] October 2023 to 30[th] September 2024
Charity name: The Hunter Charitable Trust
Charity registration number: 1163879
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Advance such charitable purposes as the trustees from time to time see fit, including the relief of residents in Leicestershire who are in need by reason of their youth, age, ill-health, disability, financial hardship or other disadvantage by the provision of grants to charities and/or such persons directly so that they may improve their personal circumstances andqualityof life. |
| 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 had regard to the guidance issued by the Charity Commission on public benefit and sought to use their grant making ability to support one local family and provide a scholarship to a deserving student at Loughborough University. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policyongrant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 |
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 period the following donations were made: music lessons for two children of a parent with limited financial means £2,259 Loughborough University £3,000 grant for a Year 2 Opportunity Scholarship and £2,000 for their Student Success Academy: £5,000 in total |
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 |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The value of the investment portfolio was £271,535 at the end of the period. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Sufficient cash is retained in bank deposit accounts to cover the expected donations for the next twelve months. Annual withdrawals are made from the long- term investment portfolio to replenish these cash reserves. |
| Amount of reserves held | Para 1.22 | In addition to the investment portfolio, cash reserves of £10,999 were held at the end of the period. |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| 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 | |
| A description of the principal risks facing the charity |
Para 1.46 |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Orgainisation |
| 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 | Appointed by other trustees |
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 Para 1.51 charity works Relationship with any related parties Para 1.51
Reference and Administrative details
| Charityname | The Hunter Charitable Trust |
|---|---|
| Other name the charityuses | The Hunter Trust |
| Registered charitynumber | 1163879 |
| Charity’s principal address | c/o Ten Wealth Management Limited 16 Poplars Court, Lenton Lane Nottingham NG7 2RR |
Names of the charity trustees who manage the charity
| 1 2 3 4 |
Trustee name | Office (if any) | Dates acted if not for wholeyear |
Name of person (or body) entitled to **appoint trustee (if any) ** |
|---|---|---|---|---|
| Andrew King | ||||
| Fiona King | ||||
| Amilia King | ||||
| Jennifer Hunter |
– Corporate trustees names of the directors at the date the report was approved
Director name None
| Name oftrusteesholding title to property belonging to the charity | Name oftrusteesholding title to property belonging to the charity | Name oftrusteesholding title to property belonging to the charity |
|---|---|---|
| Trustee name | Dates acted if not for whole year | |
| None | ||
Funds held as custodian trustees on behalf of others
| 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 |
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Accountant | Adam Clegg | Swift Accountancy, Swift Farm, Sandy Lane, Ashford, Kent TN26 1JN |
| Financial Adviser | Martin Walker | Ten Wealth Management Limited, 16 Poplars Court, Lenton Lane, Nottingham NG7 2RR |
Declarations
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
Signature(s) Fiona Jane King Full name(s) Andrew Saulez King Position (eg Secretary, Trustee Trustee Chair, etc)
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Date
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