Trustees' Annual Report for the period
From
Period start date Period end date 16 02 2024 15 02 2025 To
Section A Reference and administration details
Charity name
The Kingston Trust CIO
Other names charity is known by
1173190 Charity's principal address PO Box 6457 Basingstoke Postcode RG24 8LG ~~——~~
Registered charity number (if any) 1173190
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 (ifany) |
|---|---|---|---|
| 1 Julia Dook | Chair & Trustee | Trustees | |
| 2 Brendan Moran | Trustee | Trustees | |
| 3 Carolyn Stammers | Trustee | Trustees | |
| 4 Zillah Leach | Trustee | Trustees | |
| 5 Julia Taylor | Trustee | Resigned 21-10-2024 | Trustees |
| 6 Pamela Webber | Trustee | Trustees | |
| 7 Theresa Parr | Trustee | Trustees | |
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| 20 ~~===~~ |
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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:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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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 and the sponsorship of research associated with an ileostomy or ileo-anal pouch.
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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:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
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Section D Achievements and performance
Summary of the main The Kingston Trust CIO approved 40 financial grant requests during the achievements of the charity year, including 19 from new applicants, 13 from applicants under the age during the year of 50 and 1 with an ileo-anal pouch.
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Section E Financial review ~~ee~~
Brief statement of the charity’s policy on reserves
The Kingston Trust CIO is embracing the need to obtain 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:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
~~ee~~ Section F Other optional information
Section G Declaration ~~ee~~ 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) ~~ee ee~~ Date 02-05-25 ~~a~~
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THE KINGSTON TRUST CIO Charity Number 1173190
FINAL ANNUAL ACCOUNTS 16 FEBRUARY 2024 TO 15 FEBRUARY 2025
THE KINGSTON TRUST CIO
STATEMENT OF FINANCIAL ACTIVITIES
16 FEBRUARY 2024 TO 15 FEBRUARY 2025
| TOTAL FUNDS NOTE 2025 INCOMING RESOURCES Incoming resources from generating funds Voluntary income 2 3,530 Investment income 3 69,362 TOTAL INCOMING RESOURCES 72,892 RESOURCES EXPENDED Charitable activities 4 -29,906 Governance costs 5 -21,847 TOTAL RESOURCES EXPENDED -51,754 NET INCOMING RESOURCES BEFORE OTHER RECOGNISED GAINS AND LOSSES 21,138 OTHER RECOGNISED GAINS AND LOSSES Investment Gains/(Losses) Unrealised 7 88,312 TOTAL RECOGNISED GAINS AND LOSSES 88,312 NET MOVEMENT IN FUNDS 109,450 RECONCILIATION OF FUNDS 2,599,105 TOTAL FUNDS CARRIED FORWARD 2,708,555 |
TOTAL FUNDS 2024 64,025 69,324 |
|---|---|
| 133,349 | |
| -36,666 -19,355 |
|
| -56,021 | |
| 77,329 -77,452 |
|
| -77,452 | |
| -123 | |
| 2,599,228 | |
| 2,599,105 |
THE KINGSTON TRUST CIO
BALANCE SHEET
16 FEBRUARY 2024 TO 15 FEBRUARY 2025
| TOTAL FUNDS NOTE 2025 FIXED ASSETS Tangible assets (Net Book Value) 6 380 Investments 7 2,561,722 NET FIXED ASSETS 2,562,102 CURRENT ASSETS 8 146,480 CREDITORS Amounts falling due within one year 9 -27 NET CURRENT ASSETS 146,453 TOTAL ASSETS LESS CURRENT LIABILITIES 2,708,555 NET TOTAL ASSETS - 10 2,708,555 FUNDS Unrestricted income funds 11 2,708,555 TOTAL FUNDS 2,708,555 |
TOTAL FUNDS 2024 0 2,433,410 |
|---|---|
| 2,433,410 165,695 0 |
|
| 165,695 | |
| 2,599,105 | |
| 2,599,105 | |
| 2,599,105 | |
| 2,599,105 |
These financial statements were approved by the members of the Trust on 15th March 2025 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 20224 TO 15 FEBRUARY 2025
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 & Promotion Insurance Travel & Hotel Research Fees Bank Fees Sundries TOTAL |
Total Funds 2025 3530 3,530 66,016 2,664 681 69,362 29,906 10,641 0 673 1,605 0 732 2,140 190 2,932 882 1,773 0 280 0 21,847 |
Total Funds 2024 64025 |
|---|---|---|
| 64025 | ||
| 66,329 2,514 481 |
||
| 69,324 | ||
| 36,666 | ||
| 9,993 0 1,052 993 0 678 1,735 0 2,912 835 881 0 276 0 |
||
| 19,355 |
THE KINGSTON TRUST CIO
STATEMENT OF FINANCIAL ACTIVITIES
16 FEBRUARY 2024 TO 15 FEBRUARY 2025
NOTES TO THE FINANCIAL STATEMENTS (continued)
6 TANGIBLE FIXED ASSETS
| Office Equipment COST At 15 February 2024 1,438 Additions 571 Disposals 0 At 15 Feb 2025 2,008 DEPRECIATION At 15 February 2024 1,438 Charge for the year 190 On disposals At 15 Feb 2025 1,628 NET BOOK VALUE At 15 Feb 2025 380 7 INVESTMENTS Movement in fund value 2025 Market value at February 2024 2,433,410 Transfer of funds from COIF Deposit Account 0 Transfer of funds from Cash at Bank 40,000 Unrealised gains/losses in market value during year 88,312 Market value at 15 February 2025 2,561,722 Analysis of investments at 15 Feb 2022 between funds Total Funds 2025 Linked investments Government Bonds 531,725 UK quoted investments 2,004,818 2,536,543 Other investments UK cash held as part of Portfolio 25,179 Market value at 15 February 2024 2,561,722 8 CURRENT ASSETS Cash in Bank - Current 53,737 Cash in Bank - Savings 80,596 COIF Deposit Account 12,148 146,480 |
2024 2,470,862 0 40,000 -77,452 |
|---|---|
| 2,433,410 | |
| Total Funds 2024 605,422 1,808,579 |
|
| 2,414,001 19,409 |
|
| 2,433,410 | |
| 51,297 102,932 11,466 |
|
| 165,695 |
THE KINGSTON TRUST CIO
STATEMENT OF FINANCIAL ACTIVITIES
16 FEBRUARY 2024 TO 15 FEBRUARY 2025
NOTES TO THE FINANCIAL STATEMENTS (continued)
| 9 CREDITORS Amounts falling due within one year PAYE/NI - Jan 25 Bankline - Feb 25 10 UNRESTRICTED INCOME FUNDS 11 Total funds |
2025 -3 -25 -27 Balance B/F 15-Feb-24 2,599,105 |
2024 0 0 Incoming resources 109,450 |
Balance at 15-Feb-25 |
|---|---|---|---|
| 2,708,555 |
THE KINGSTON TRUST CIO Charity Number 1173190
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE KINGSTON TRUST CIO
Respective responsibilities of Trustees and Examiner
The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Independent examiner’s report to the Trustees of The Kingston Trust CIO
I report to the Trustees on my examination of the accounts of The Kingston Trust CIO (the Trust) for the year ended 15 February 2025.
Responsibilities and basis of report
As the charity Trustees of the Trust you are responsible for the preparation 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 all 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 giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Name: Stafford Napier
Address: Foundry House Dummer Basingstoke RG25 2AG
Date: