## **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|
|8||||
|9||||
|10||||
|11||||
|12||||
|13||||
|14||||
|15||||
|16||||
|17||||
|18||||
|19||||
|20
~~===~~|~~===~~|~~===~~|~~===~~|
March **2012**
**TAR**
**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 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** 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.
March **2012**
**TAR**
4
**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:
- 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.
## ~~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~~
March **2012**
**TAR**
5
# **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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. 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: