Trustees’ Annual Report for the period
From 01/01/22 Period start date To 31/12/22 Period end date
Charity name: The Almond Adams Charitable Trust
Charity registration number: 1173390
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance education for the public benefit; and to reduce inequality in access to educational opportunities. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Support of projects and scholarships that reduce inequality in access to educational opportunities. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have full regard to the guidance issued by the Charity Commission on public benefit. The trustees believe the charity to have acted in accordance with public benefit. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The charity is primarily a grant-giving charity supporting other charities in the pursuit of educational excellence and equality of opportunity. 2022 saw the onset of the Ukraine crisis and the trustees agreed to make a modest donation to the educational reuirements of Ukranian refugees alongside its standard grant. In 2022 the trustees were pleased to support the Royal National Children’s Springboard Foundation with a grant for the third successive year. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity received income of £22,086 and made grants totalling £14,092. At the end of year the endowment stood at £38,148. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity is grant giving and has zero operational costs. Reserves are not required. |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | Grant giving and zero operational costs. The endowment and the annual income support any grants awarded fully. |
| Details of fund materially in deficit |
Para 1.24 | Not applicable. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | No uncertainties. |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
|
|---|---|---|
| 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 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Foundation Model Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Three trustees. The initial trustees represent the family who have endowerd the foundation initially and who have provided all of the donations so far. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | The Almond Adams Charitable Trust |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1173390 |
| Charity’s principal address | Churton House Tunbridge Lane Bramshott Hampshire GU30 7RF |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Mr Daniel Perrett | Chairman | |||
| Mrs Susanna Perrett |
||||
| Mr James Perrett | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’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 information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel 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) Full name(s) Mr Daniel Ronald Perrett
Position (eg Secretary, Chairman Chair, etc)
Date 27 October 2023
| The Almond Adams Charitable Trust | The Almond Adams Charitable Trust | 1173390 | ||
|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | |||
| For the period from |
01.01.2022 | To | 31.12.2022 |
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Donations 16,086 Dividend from investments - - - - - - - 16,086 - - Sub total - Total receipts 16,086 A3 Payments Grantspaid(Springboard) 10,000 Donations made(Education for Ukraine) 4,092 - - - - - - - Sub total 14,092 - - Sub total - Total payments 14,092 Net of receipts/(payments) 1,994 A5 Transfers between funds - A6 Cash funds last year end 644 Cash funds this year end 2,638 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ |
Last year to the nearest £ |
| 6,000 892 - - - - - - 6,892 |
- - - - - - - - - |
22,086 892 - - - - - - 22,978 |
15,315 | |
| 646 | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| 15,961 | ||||
| - - - |
- - - |
- - - |
||
| - | ||||
| - | ||||
| 6,892 | - | 22,978 | 15,961 | |
| - - - - - - - - - - |
- - - - - - - - - - |
10,000 4,092 - - - - - - - 14,092 |
10,000 | |
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| 10,000 | ||||
| - - - |
6,892 - 6,892 |
6,892 - 6,892 |
6,646 | |
| 6,646 | ||||
| - | 6,892 | 20,984 | 16,646 | |
| - - |
- - |
1,994 - 644 2,638 |
- 685 | |
| - | ||||
| - | ||||
| - 685 |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Details Details AACT endowment year end value (HL) Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ - 2,638 - - - - - 2,638 Agreement Error Agreement Error to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Mr Daniel Perrett Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| 38,148 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Mr Daniel Perrett | 27.10.23 | ||