## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 16 02 2022 **To** 15 02 2023 ## Section A Reference and administration details **Charity name Other names charity is known by Registered charity number (if any) Charity's principal address** The Kingston Trust CIO 1173190 PO Box 6457 Basingstoke **Postcode** RG24 8LG **Names of the charity trustees who manage the charity** |**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---| |Julia Dook|Chair & Trustee||Trustees| |Brendan Moran|Trustee||Trustees| |Carolyn Stammers|Trustee||Trustees| |Zillah Leach|Trustee||Trustees| |Julia Taylor|Trustee||Trustees| |Pamela Webber|Trustee||Trustees| |Theresa Parr|Trustee||Trustees| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** March **2012** **TAR** 1 ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Constitution (eg. trust deed, constitution) How the charity is constituted Trust (eg. trust, association, company) Applicants must comply with 9.2 Eligibility for Trusteeship within the Trustee selection methods Constitution (eg. appointed by, elected by) Applicants are interviewed and appointed by Trustees ## **Additional governance issues (Optional information)** The Business Plan and Policies now include the additional Objects stated You **may choose** to include within the Constitution for Charity No. 1173190 additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** The relief of those in need, particularly those over the age of 16, who have undergone surgical intervention as a result of, and for the relief of, Ulcerative Colitis, Crohn’s Disease, inflammation, injury or any other condition resulting in ileostomy or ileo-anal pouch procedures, in such charitable ways as the Trustees think fit, including the provision of grants, temporary accommodation and the sponsorship of research associated with an ileostomy or ileo-anal pouch. March **2012** **TAR** 2 The Trustees continue to publicise the activities of The Kingston Trust CIO, Charity No. 1173190, at open events such as the Ileostomy and Internal Pouch Association and Member Groups throughout the UK, the Association of Stoma Nurse Conference with events in hospitals throughout the UK and Pouch Support Groups throughout the UK. A Trustee is in attendance at these forum meetings, presenting and exhibiting the work of The Kingston Trust CIO and available in an advisory capacity. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. March **2012** **TAR** 3 Section D Achievements and performance **Summary of the main achievements of the charity during the year** The Kingston Trust CIO approved 43 financial grant requests during the year, including 20 from new applicants, 9 from applicants under the age of 50 and 2 with an ileo-anal pouch. The Kingston Trust CIO is also supporting research projects in association with BDRF and the Ileostomy and Internal Pouch Association. March **2012** **TAR** 4 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** The Kingston Trust CIO is embracing the need to maintain a Reserve Bank Account in addition to money invested and managed by the Finance Advisors. The Trustees have identified the annual expenditure likely to be needed and this amount is being accumulated as the reserve. **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Julia A Dook Barbara Foster **Position (eg Secretary, Chair,** Chair Secretary **etc) Date** 10/05/23 March **2012** **TAR** 5 # **THE KINGSTON TRUST CIO Charity Number 1173190** **FINAL ANNUAL ACCOUNTS 16 FEBRUARY 2022 TO 15 FEBRUARY 2023** ## **THE KINGSTON TRUST CIO** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **16 FEBRUARY 2022 TO 15 FEBRUARY 2023** |**TOTAL**
**FUNDS**
**NOTE**
**2023**
**INCOMING RESOURCES**
Incoming resources from generating funds
Voluntary income
2
0
Investment income
3
68,135
**TOTAL INCOMING RESOURCES**
**68,135**
**RESOURCES EXPENDED**
Charitable activities
4
-28,877
Governance costs
5
-17,182
**TOTAL RESOURCES EXPENDED**
**-46,058**
**NET INCOMING RESOURCES BEFORE OTHER**
**RECOGNISED GAINS AND LOSSES**
**22,077**
**OTHER RECOGNISED GAINS AND LOSSES**
Investment Gains/(Losses) Unrealised
7
-61,629
**TOTAL RECOGNISED GAINS AND LOSSES**
**-61,629**
**NET MOVEMENT IN FUNDS**
**-39,552**
**RECONCILIATION OF FUNDS**
**2,638,781**
**TOTAL FUNDS CARRIED FORWARD**
**2,599,228**|TOTAL
FUNDS
2022
0
66,003| |---|---| ||66,003| ||-30,568
-14,633| ||-45,201| ||20,801
64,238| ||64,238| ||85,039| ||| ||2,553,742| ||| ||2,638,781| ## **THE KINGSTON TRUST CIO** ## **BALANCE SHEET** ## **16 FEBRUARY 2022 TO 15 FEBRUARY 2023** |**TOTAL**
**FUNDS**
**NOTE**
**2023**
**FIXED ASSETS**
Tangible assets (Net Book Value)
6
0
Investments
7
2,470,862
**NET FIXED ASSETS**
**2,470,862**
**CURRENT ASSETS**
8
128,809
**CREDITORS Amounts falling due within one year**
9
-443
**NET CURRENT ASSETS**
**128,366**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**2,599,228**
**NET TOTAL ASSETS -**
10
**2,599,228**
**FUNDS**
Unrestricted income funds
11
**2,599,228**
**TOTAL FUNDS**
**2,599,228**|TOTAL
FUNDS
2022
0
2,532,491| |---|---| ||2,532,491
106,869
-579| ||106,290| ||2,638,781| ||2,638,781| ||2,638,781| ||2,638,781| These financial statements were approved by the members of the Trust on 25th March 2023 and signed on their behalf by: Mrs J. Dook Chairman of the Board of Trustees ## **THE KINGSTON TRUST CIO** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **16 FEBRUARY 2022 TO 15 FEBRUARY 2023** ## **NOTES TO THE FINANCIAL STATEMENTS** ## 1 **ACCOUNTING POLICIES** ## **Basis of Accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value ## **Fixed Assets** All fixed assets are initially recorded at cost ## **Depreciation** Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value over its useful economic life as follows: Office Equipment – 33.33% straight line basis |2 **VOLUNTARY INCOME**
Donations
Gifts
**TOTAL**
3 **INVESTMENT INCOME**
Investment Income
Bank Interest receivable
COIF interest receivable
**TOTAL**
4 **COSTS OF CHARITABLE ACTIVITIES**
Grants to individuals
5 **GOVERNANCE COSTS**
Wages & salaries
Employers NIC
Telephone
Printing, postage, stationery
Legal Fees
Conference fees and associated expenses
Meeting and office expenses
Depreciation
Advertising
Insurance
Travel & Hotel
Research Fees
Bank Fees
Sundries
**TOTAL**|**Total Funds**
**2023**
0.00
**0**
67,621
408
106
**68,135**
**28,877**
8,812
0
927
1,058
0
0
1,463
0
2,821
902
922
0
276
**17,182**|Total Funds
2022
0| |---|---|---| |||0| |||65,991
10
1| |||66,003| |||| |||30,568| |||8,196
0
845
220
0
0
1,382
0
2,821
843
55
0
271
0| |||14,633| ## **THE KINGSTON TRUST CIO** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **16 FEBRUARY 2022 TO 15 FEBRUARY 2023** ## **NOTES TO THE FINANCIAL STATEMENTS** _(continued)_ ## 6 **TANGIBLE FIXED ASSETS** |**Office Equipment**
**COST**
At 15 February 2022
1,438
Additions
Disposals
0
**At 15 Feb 2022**
**1,438**
**DEPRECIATION**
At 15 February 2022
1,438
Charge for the year
0
On disposals
**At 15 Feb 2023**
**1,438**
**NET BOOK VALUE**
**At 15 Feb 2023**
**0**
7 **INVESTMENTS**
**Movement in fund value**
**2023**
Market value at February 2022
2,532,491
Transfer of funds from COIF Deposit Account
Transfer of funds from Cash at Bank
Unrealised gains/losses in market value during year
-61,629
Market value at 15 February 2023
**2,470,862**
**Analysis of investments at 15 Feb 2022 between funds**
**Total Funds**
**2023**
**Linked investments**
UK Government Bonds
360,871
UK quoted investments
2,090,863
**2,451,734**
**Other investments**
UK cash held as part of Portfolio
**19,128**
Market value at 15 February 2023
**2,470,862**
8 **CURRENT ASSETS**
Cash in Bank - Current
37,406
Cash in Bank - Savings
80,418
COIF Deposit Account
10,985
**128,809**|2022
2,468,253
64,238| |---|---| ||**2,532,491**| ||Total Funds
2022
387,452
2,120,764| ||2,508,216
24,275| ||**2,532,491**| ||35,980
60,010
10,879| ||106,869| ## **THE KINGSTON TRUST CIO** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **16 FEBRUARY 2022 TO 15 FEBRUARY 2023** ## **NOTES TO THE FINANCIAL STATEMENTS** _(continued)_ |9 **CREDITORS Amounts falling due within one year**
PAYE/NI - Jan 23
IA Advertising Space - Dec
10 **UNRESTRICTED INCOME FUNDS**
11 Total funds|**2023**
-443
**-443**
**Balance B/F**
**15-Feb-22**
**2,638,781**|2022
-137
-443
-579
**Incoming**
**resources**
**-39,552**|**Balance at**
**15-Feb-23**| |---|---|---|---| ||||**2,599,228**| THE KINGSTON TRUST CIO Charity Number 1173190 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE KINGSTON TRUST CIO R8spectlve responsibilities of trustees and examiner The charity's tTUStees are responsible for the preparation of the accounts. The charity's tn￿t*S consider thal an audit is not required for this year under section 14412) of the Charities Act 2011 (the 2011 Act} and that a:. independent examinalion is needed. Independent examIne￿S report to the tntstees of Kingston Trust cio I r8POrt to the trustees on my examination of the a¢¢ounts of the lfjngston Tnjst CIO (the Trust) for the year ended 15 February 2023. Responsibilitieg and basis of report As the charity trustees of the Tntst you are responsible for the preparation of the a¢cwnts in acwdan¢e with the quirements of the Chatities Act 2011 ('the Arti. I report in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act and in carrying out my examinats.on I have followed all the applicable Directions gNen by the Charty Cornmission under section 145(5}(b) of the A¢L Indep¢ndent eXaMine￿S statement I have completed my examination. I confim) that no material matters have come to my attention in connection with the examination giwng ￿ cause to believe that in any matertal respect 1. accounting records were not kept in resK*rt of the Trust as required by Section 130 of the ACL or 2. the accounts do not accord with those records. I have no concerns and have conE across no other matters in connection wtth the examination to wh￿h attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Name: Stafford NapEr Address: Foundry House Dummer Basingstoke RG25 2AG Date. V-