Trustees’ Annual Report for the period
From 1 January 2024 To 31 December 2024
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; to reduce inequality in access to educational opportunities; and to enhance social mobility through improvement of life opportunities for children. |
| 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, and support of social mobility initiatives. |
| 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 and social mobility. In 2023 the trustees decided not to make any grants and to focus on preserving capital. In 2024 AACT returned to grant giving and supported Star Scheme, a national children’s charity focussed on supporting children with ACEs (adverse childhood experiences) in their engagement with community rugby clubs. |
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 donation income of £31,250 in the course of the year, and dividend and interest income totalling £1,513. It made grants totalling £33,000, paid management charges to the investment broker of £33 and purchased shares at a cost of £1,422. At the end of the year the endowment stood at £54,377, including the cash held with the broker of £347, a record level. |
| 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 endowed 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)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| 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) Daniel Perrett Position (eg Secretary, Chair Chair, etc) Date 31.10.2024 ~~a~~
The Almond Adams Charitable Trust 1173390 Receipts and payments accounts CC16a For the period 1.01.2024 31.12.2024 To from ~~rr a ee~~ Section A Receipts and payments
| Unrestricted funds |
Unrestricted funds |
Restricted funds |
Restricted | Endowment funds |
Endowment funds |
Total funds | Last year | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| to the nearest £ |
to the nearest | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||||
| A1 Receipts | |||||||||||||
| Donations | 31 250 | 31 250 | - | - | 31 250 | 4 000 | |||||||
| Dividend income | - | - | 1 512 | 1 512 | 1 512 | 1 249 | |||||||
| Interest received | - | - | - | - | 1 | 1 | 1 | - | |||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| Sub total(Gross income for AR) |
(Gross income for AR) |
31 250 | 31 250 | - | - | 1 513 | 1 513 | 32 763 | 5 249 | ||||
| A2 Asset and investment sales, (see table). - - - - - - Sub total - - - - - Total receipts 31 250 - 1 513 32 763 5 249 ~~—————~~ |
|||||||||||||
| A3 Payments | |||||||||||||
| Grants | 33 000 | 33 000 | - | - | - | - | 33 000 | - | |||||
| Management Charges | - | - | - | - | 33 | 33 | 33 | - | |||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| - | - | - | - | - | - | - | - | ||||||
| **Sub total ** | 33 000 | 33 000 | - | - | 33 | 33 | 33 033 | - | |||||
| A4 Asset and investment purchases, (see table) Purchase of shares - - 1 422 1 422 4 960 - - - - Sub total - - 1 422 1 422 4 960 Total payments 33 000 - 1 455 34 455 4 960 Net of receipts/(payments) ( 1 750) - 58 ( 1 692) 289 A5 Transfers between funds - - - - - A6 Cash funds last year end 2 638 - 289 2 927 2 638 Cash funds this year end 888 - 347 1 235 2 927 ~~—————~~ ~~SSSS=~~ |
CCXX R1 accounts (SS)
1
Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted | Endowment | ||||
|---|---|---|---|---|---|---|
| Categories | Details | funds | funds | funds | ||
| to nearest £ | to nearest £ | to nearest £ | ||||
| B1 Cash funds | 888 - 347 - - - - - - 888 - 347 Total cash funds ~~————~~ |
|||||
| (agree balances with receipts and payments | (agree balances with receipts and payments | |||||
| account(s)) | OK | OK | OK | |||
| Unrestricted | Restricted | Endowment | ||||
| funds | funds | funds | ||||
| Details | to nearest £ | to nearest £ | to nearest £ | |||
| B2 Other monetary assets | - - - - - - - - - - - - - - - - - - ~~===>~~ |
|||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|||
| B3 Investment assets | - 54 029 - - - - - - - - Investment portfolio held with Hargreaves ~~Lansdowne~~ ~~—==_—~~ |
|||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|||
| B4 Assets retained for the charity’s own use |
- - - - - - - - - - - - - - - - - - ~~===>~~ |
|||||
| Fund to which | Amount due | When due | ||||
| Details | liability relates | (optional) | (optional) | |||
| B5 Liabilities | - - - - - ~~—==—~~ |
|||||
| Signed by one or two trustees on behalf of all the trustees |
Date of approval Print Name Dan Perrett Signature ~~BBR~~ |
CCXX R2 accounts (SS)
2
THE ALMOND ADAMS CHARITABLE TRUST
INDEPENDENT EXAMINER’S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent Examiner's Report to the Trustees of The Almond Adams Charitable Trust
I report to the charity trustees on my examination of the accounts of Almond Adams Charitable Trust (“the charity”) for the year ended 31 December 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).
I report in respect of my examination of the charity’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 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a “true and fair view” which is not a matter considered as part of an independent examination.
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.
Alex Temlett CA ACA CTA
Azets Audit Services Limited Ashcombe Court Woolsack Way Godalming Surrey GU7 1LQ
Dated: 31 October 2025