The Dr Carol Ann Yates Trustees. Annual Re ort Re ortin 1.09.20 31.08.2024 Charl Name The Dr Carol Ann Yates Foundation Trust Re lstered Cha 1164953 Number Address 26 Broadway Road, Evesham WRII IBG Trustees The charlty trustees remained the same during the period of rewjrt. Names of the Chari Truslees Trustees managing the charlty on the dates covered by this report". Christine Grove, Chair Andrew Auger, Wice-chair John Clifford Robert Walsh June Armstrong Names and Addresses of Advisers Solicitors: Browne Jacobson. Mowbray House, Castle Meadow Road, Nottlngham, NG2 IBJ ional The financial advisors were changed from St James Place Wealth Management, St James Place House, 5 Oaks Court, WaThvick Road, Borehamwood. WD6 IGS Canaccord Genuity Wealth Management 88 Wood St￿et. London. EC2V 7Q e of Governin Document The charity has its own fomially adopted constitution. consistent with its ststU5 as a Charitable Incorporated Organisation on 25 July 2014. Instrurtions to set up the tharrty were left in the Wlll of an ex-5tudent of Evesham High School, Dr Carol Ann Yates. No amendments were made to the Constitution in the year June 2023 to August 2024. Howt Is Constituted The charity is a Charitable Incorporatrd C*ganisation. of the Ob"e¢ts olt set In its Governl Documerrt The CIO'S objerts are to advance education by the establishment and subsequent administration of a fvnd to a55iSt students from the Vale of Evesham attending Eve5ham High School (now The De Montfort Sch1￿11 or other Secondary School to attend University. Summa of the Maln Achlevements of the Cha During the period of this report the Trustees rew5ed the procedures and application process for students to apply to the Trust for financial support. Bursaries are uwally paid for the duration of the studenys Uftfvers￿ cou For year 2023124 the Trustees awarded a total of £42￿ per annum In bursaries, to 3 students. in addition to the existing on-goin8 commitments. Since Inceptlon of the CharÈty a total of £46,9XI.IJ) has been paid to a totsl of 24 students. on ReseNes The charity intends to retain sufficient reserves to support students forthe length of their degree course. The policy wlll lead to reseples being maintained as sufficient forthree to four years commltted expenditure as we are Committed to paying those butsary awards overthat period. The committed bursary awards for £2023124 were. £Il.8LKI.￿. The total expendi￿re for year 2023124 was £13,587.00. natures The Regulations require thatthis report is approved by the trustses and after approval that the rep)rt is slgned and dated to show that it has been approved. At least one trustee's stgnature is required bLrt tt 15 8ood prartice to have it slgned by two trustees. As a matter of good practi￿ any copy of the report submitted to any regulatory authority (such as the Charity Commission) should be a signed copy. Christine Grove (Chair of Trustees) Dated: L b- ..Ji kn2S Andrew Auger Trustee Dated 2L- .& $a2S Dr Carol Ann Yates Foundation Trust Recelpts and Paynients Accounts For perlod tst September 2023 to 31 Auzust 2024 Income & Ex Dr Carol AM Yates Fwndation Trust Recei Income Uoyds Bank Interest COIF Inte￿$t Other Income CCLA DNidends Canaccord GenuityDivldends 202212023 Es rs li 11227 17031 17046 177 Ex enses ments Grants to Students Expenses Total Payments 113LK) 10200 3065 13265 Cash SuTpluslDeflcltforyear -1088 Movement in Valuatlon loryear Openlngvaluation ClosinEValuation Difference Gain invaluation", 620127 42562 Assets & Liabilities Current Assets CCLA Investmentvalue SJP Investmentvalue Cash At Bank Cash At CCLA Depos "Canaccord Genuty Valuation CurrentAssets 312076 265489 20323 4658 648567 602546 Current LiabiliFties: 648567 602546 Re resented Batance as at 0110912023 Gain on investments SurpluslDefectt foryear Closing balance at 3110812024 605413 42562 -2867 For Reference Onl Notes **Management of Funds transferred from Stjames PlacelCCLAto Canaccoyd Genuitya5 from 0110912023 l. Value of investments after deduction of managernentfees