CHARITY COMMISSIO
FOR ENGLAND AND WALE
Receipts and payments accounts
CC16a
For the period
10.09.24
09.0925
Section A Receipts and payments
Unrestrlcted
funds
Restritted
fijnds
EndowmÈnt
fvntl$
Totsl fund5
La$¢ year
toth• n•4r•# £ tsth• N￿r•￿t
toth• n•4r•it£
toth• n￿r￿t£
A1 Recel
Incomè I1￿ IAvè*mon
Interesi rfeceivad
Donatyon6totwst
36A77
1.729
J6A77
1,729
49.715
2.588
282
Sub total(Gross income lor
ARI
41M56
52.5
A2 Asset and inv88tm8nt sal88,
Isee t8b161.
Salo olinve&tment&
513.062
163M82
1,816.448
Sub total
M3.012
3,012
Totsl r•c•lpts
565,912
604,118
1,879,033
A3Pa
ments
Grantswtièroed
Investment mAnage11e￿ (In￿￿1￿ VATI
139.QQTr
151,Pty)
140,DOP
495
8,493
11￿18
B,225
11,4$5
Tru•t mBnAllementfe8 VATI
Auounts prep01￿
Indepeffl4•rf Exominers le•
C•th mBnBpmenl fe
180
02
180
71
$2
Sub total
159M45
165,SJl
A4 Asset and Investment
rchases, Isee tabl81
Investrneni purchases
n ¢urrencyexthan
466.021
722
465.299
I6￿21
671
469.350
1,721,144
2.09J
1.72J.287
eI51ekn
Sub total
$1
151A01
473,792
625.193
1,888,818
Net ofreceipts/(payments)
AS Transfers between funds
A6 Cash funds last year end
Cash funds this year ènd
113,195
100.976
Z3,363
11.144
92,1ZD
1(K).976
SB,176
49.320
21,075
9.7B4
81,539
60,464
91,323
81,539
CCXX R1 xcounts ISSI
0110512028

Section B Statement of assets and liabilities at the end of the period
Unrestricted
funds
*4￿$1£
Restricted
funds
to n￿lert£
Endowment
funds
to n￿rest£
Categorles
Dètsll$
B1 Cash funds
49,320
11.144
Total Cash funds
49,320
Unrestrlcte<l
funtl$
Restrfctsd
lund$
b) n*4r•rt£
Endowment
fund$
to Th￿rett£
Details
to
F￿Trd to wh*h
•b••l b•K)n
End0¥mM￿l
¢urr•DtY•lu•
Uon•l
1.887.818
Detalls
B3 I￿￿¥tMent •8¥et•
F￿ndts)
•b••l b•knn
Dètails
Cot
¢urrnntY•lu•
on•1
84 A$8trt$ retsln¢d for the
charlty'8 own use
Fundto wh￿h
Amounidu•
Wh•n d￿*
onthl
Details
BS Llabllltles
Signed by one or truslees
behamof all Ihe tru51ee5
Swjnd￿
Print Narne
Dale of
rtsval
r￿1¢
oval
ere
Tru* Com
Llmiied
CCXX R2 xcounts ISSI
0110512028

CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees, Annual Report for the period
From 10 September 2024 To
09 September 2025
Charity name: The Adlard Family Charitable Foundation
Charity registration number: 1164276
Objectives and Activities
SORP rtforen
Summary ofthe purposes of
the charity as set out in its
governing document
Para 1.17
To further such other objects or purposes
which are exclusively charitable according
to the law of England and Wales in any part
of the world and in such manner as the
trustees in their absolute discretion think fit.
The focus is on Environment. Conservation
and Heritage.
In furtherance of the charity's objects for the
public benefit the trustees provide grants.
Summary of the main
activities in relation to those
purposes for the publi¢
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.178nd
1.19
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charily
Commission on public
benefit
Para 1.18
In determining the chanty's activities the
trustees have had regard to the Charity
Commission's guidan￿ on public benefit.

Additional information (optional
You ma
choose to include further statements where relevant aboui..
SORP reference
Regular meelings are held by the trustees
where they discuss any applications
received and consider which grants they
wish to award.
Policy on grant making
P3ra 1.38
In pursuance of its objectives, the charity's
income is applied in making grants to a
number of charitable organisalions and
bodies involved in activities whi¢h further
the charity's objectives.
Applications for grants must be made in
writing
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunleers
Para 1.38
Other

Achievements and Perfonnance
SORP reference
Summary of the main
achievements ofthe charity,
identifying the difference the
charity s work has made to
the circumslances of its
beneficiaries and any wider
benefits to society as a
whole.
During the year under review the Gharity
made grants to sixteen organisations
totalling £139,000.
Para 1.20
Additional information (optional)
You ma
hoose to include further statements where relevant aboLrt'.
Achievements against
obje¢tive$ set
Para 1.41
Performance of fundraising
activities against objectives
set
P•r4 1.41
Investment performance
against objectives
Parn 1.41

Other
Financial Review
Review of the charity's
financial position at the end
of the period
Para 1.21
The trust is operated as a grant giving
charity and the trustees, policy is to seek to
distribute or commit the income arising in
each financial year.
At the end of the reporting period the Gharity
had free reseryes of £11,14412024'.
£23.363).
In addition to the free reserves the charity
has bank balances of £49,320 12024..
£58.1761 and investmènts valued al
£1,857,816
within
the
expendable
endowment fund.
Statement explaining the
policy for holding reserves
staling why they are held
Para 1.22
Given the availability of the expendable
endowment fund, the trustees do not
consider that the charity needs to maintain
any significant free reserves although they
recognise that such reserves wll arise from
time to time.
The Trustees pursue a policy of maintaining
a free reserve available to be spent in the
furtheran￿ of Ihe charity's objectives as
well as covering fvture needs. opportunities,
contingencies. and risks.
Amount of reserves held
Parn 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
Parn 1.23
Additional infomiation loptionall

You ma
choose to include further statements where relevant aboLrt'.
The charity's principal
sources of funds {including
any fundraising)
Para 1.47
There are no restrirtions on the charity's
power to invest. The investment strategy is
agreed between the trustees and the
investment managers and is regularly
reviewed. This is the subject of a policy
statement which has been completed by
the trustees and forms an integral part of
the agreement with the investment
managers to provide investment
management services.
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
Expendable endowmenl funds are those
which are required to be invested to produ
income but which may be transferred to
unrestricted funds at the discretion of the
trustees in orderthat they may be expended
in furtherance of the charity's objectives.
Other
Unrestricted income funds are available for
use at the discretion of the trustees in
furtherance of the general objectives of the
harity and which have not been designated
for other purposes.

Structure, Governance and Management
Description of chanty's
trusts..
Type of governing document
Para 1.25
Trust deed dated 03 Aug 2015
Itri 1st dep.d royal charter)
How is the charity
constituted?
Para 1.25
Trust
L, g unincorporated
,?.Isocialion. CIO)
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any per50n or body entitled
to appoint one or more
trustees
Pata 1.25
Trustees arè appointed by the existing
trustees.
Additional information (optional
You ma
choose to include further statements where relevant about..
Policies and procedures
adopted for the induction
and training of Irustees
Para 1.51
The charity's organisational
structure and any wider
network with which the
harily 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
ServI￿S of £11.518.
These fees are
authorized under clause 6 of the trust deed.
Other
Reference and Administrative details
Charity name
The Adlard Family Charitable Foundation
Other name the charity uses
Registered charity number
1164276
Charity's principal address
Trustees Department
1st Floor, Tower Wharf
Cheese Lane. Bristol
BS2 OJJ

Names of the charity trustees who manage the charity
Dates acted If not for wholè
ear
Trustee name
Office Ilf any)
Name of person lor body) entltled
toa
olnt trustee
Ifan
Charles J Adlard
Settlor
Elsa L Adlard
Ludlow Trust
Company Limited
10
12
13
14
15
18
17
18
19
20
Cor
orate trustees - names of the directors at the date the re
Director name
Walter Coxon
Alexander Mulrce
Ali Sarikhani
Ziba Sarikhani
Chris Thurlow
Matthew Wickers
ortwasa
roved
Name of trustees holding title to property belonging to the charrty
Trust•• nama
Dat•s act•d If not for whol• •ar

Funds held as custodian trustees on behalf of others
Description of the assets
held in this capacity
Name and objects ofthe
charity on whose behalf the
assets are held and how this
falls within the custodian
charily's objects
Details of arrangements for
safe custody and
segregation of such assets
from the charity's own assets
Additional information (optional)
Names and addresses of advisers (Optional inforniation)
e of adviser
Name
Address
Investment Managers
Coutts & Co
440 The Strand. London, WC2R OQS
Bankers
440 The Strand, London, WC2R OQS
Coutts & Co
Name of chief executive or names of senior staff members (Optional infonnationl
Exemptions from disclosure
Reason for non￿lsCIOSUre of ke
rsonnel 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)
Per electronic approval
Full name(sl
David Breach on behalf of Ludlow
Trust Company Limited
Per electronic approval
Position leg Secretary,
Chair, etc)
Date

**Document Activity Report** 

**Document Sent** Wed, 06 May 2026 14:01:04 GMT **Document Approval Status** Approved **Approval Activity Summary** David Breach Approved                      Thu, 07 May 2026 09:15:55 GMT **Document Activity History** Document history shows most recent activity first **Date Activity** Thu, 07 May 2026 09:13:41 GMT David Breach viewed the document 

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**Independent examiner's report on the accounts** 


## **Section A                        Independent Examiner’s Report** 

|**Report to the trustees/**<br>**members of**<br>**On accounts for the**<br>**period ended**<br>**Set out on pages**|Charity Name<br>The Adlard Family Charitable Foundation|
|---|---|
|||
||9thSeptember 2025<br>**Charity no**<br>**(if any)**<br>1164276|
|||
||Financial statements page 1 - 2<br>Trustee report page 3 - 12|



I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 09/09/2025. 

- **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 examination 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 145(5)(b) of the Act. 

## **Independent examiner's statement** 

I have completed my examination.  I confirm that no material matters have come to 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 

- the accounts do not accord with the accounting records 

I have no concerns and have come 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. 

**Date:** 11/05/26 **Signed: Name:** Ian Rodd **Relevant professional** BSc FCA FCCA **qualification(s) or body (if any): Address:** TC Group Waverley House 115-119 Holdenhurst Rd, Bournemouth BH8 8DY 

1 

**IER** 



## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of any items that the examiner wishes to disclose** . 

n/a 

2 

**IER**