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← The Pantheon Charitable Trust

2024-04-05-accounts

The Pantheon Charitable Trust The Pantheon Charitable Trust The Pantheon Charitable Trust 1174839 1174839
Receipts andpayments accounts CC16a
For the period
from
~~ee~~		 06.04.2023
Period start date		 05.04.2024
Period end date
To
~~e~~
Section A Receipts and payments Section A Receipts and payments
Unrestricted
funds		 Restricted
funds		 Endowment
funds		 Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations - - 100,000 100,000 250,000
Gift Aid - - 25,000 25,000 137,500
Investment income 39,012 - - 39,012 29,727
Interest received 10,357 - 781 11,137 1,269
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)		 (Gross income for
AR)
49,369		 - 125,781 175,149 418,496
A2 Asset and investment sales,
(see table).
Sale of investments
-
-
1,325,884
1,325,884
1,040,783
-
-
-
-
-
Sub total -
-
1,325,884
1,325,884
1,040,783
Total receipts
49,369
-
1,451,665
1,501,034
1,459,279
~~S555~~
A3 Payments
Grants awarded 60,376 - 203,329 263,705 135,176
Investment management fees (VAT
inclusive) - - 7,094 7,094 7,327
Trust administration fees (VAT inclusive)
- - 14,813 14,813 13,381
Independent Examiners fees - - 780 780 780
Cash management fees 714 - 714
- - - -
- - - - -
- - - - -
- - - - -
**Sub total ** 61,090 - 226,015 287,105 156,664
A4 Asset and investment
purchases, (see table)
Investmentpurchases
-
-
1,285,716
1,285,716
1,046,521
-
-
-
-
Sub total -
-
1,285,716
1,285,716
1,046,521
Total payments
61,090
-
1,511,731
1,572,821
1,203,185
~~——————~~
Net of receipts/(payments)
- 11,721
- - 60,066
- 71,787
256,094
A5 Transfers between funds
-
-
A6 Cash funds last year end
13,667
487,907
501,574
245,480
Cash funds this year end
1,946
-
427,841
429,787
501,574
~~===>>~~

CCXX R1 accounts (SS)

17/09/2024

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
Details
Details
Capital account
Income account
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Investment portfolio
 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
1,946
-
-
-
1,946
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
Endowment
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
Print Name
Katherine Forder on behalf of Ludlow
Trust CompanyLimited
~~)~~		 Endowment
funds
to nearest £
427,841
-
-
427,841
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
1,574,435
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
~~Katherine Forder~~ Katherine Forder on behalf of Ludlow
Trust CompanyLimited
K~~a~~ 1
~~therine Forder (Sep 24, 2024 12:05 GMT+~~ ~~)~~

CCXX R2 accounts (SS)

17/09/2024

2

Trustees’ Annual Report for the period

From 06 April 2023 To 05 April 2024

Charity name: The Pantheon Charitable Trust Charity registration number: 1174839

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The objects are to apply the income, and all
or such part or parts of the capital at such
time or times and in such manner to or for
the benefit of such exclusively charitable
objects and purposes in any part of the
world as the trustees may in their absolute
discretion think fit.
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		 In furtherance of the charity’s objects for the
public benefit the trustees shall provide
grants.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 In determining the charity’s activities, the
trustees have had regard to the Charity
Commission’s guidance on public benefit.
Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:		 Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:		 Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:
SORP reference
Policy on grant making Para 1.38
Policy on social investment
including program related
investment		 Para 1.38
Contribution made by
volunteers		 Para 1.38
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 During the year under review the charity
made grants to thirty charities totalling
£263,705.

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

Review of the charity’s
financial position at the end
of the period		 Para 1.21 At the end of the reporting period the charity
had
free
reserves
of
£1,946
(2023:
£13,667).
In addition to the free reserves the charity
has bank balances of £427,841 (2023:
£487,907) and investments valued at
£1,574,435
within
the
expendable
endowment fund.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The Trustees pursue a policy of maintaining
a free reserve available to be spent in the
furtherance of the charity’s objectives as
well as covering future needs, opportunities,
contingencies and risks.
Amount of reserves held Para 1.22
Reasons for holding zero
reserves		 Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23

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 Expendable endowment funds are those
which are required to be invested to produce
income but which may be transferred to
unrestricted funds at the discretion of the
trustees in order that they may be expended
in furtherance of the charity’s objectives.
Unrestricted income funds are available for
use at the discretion of the trustees in
furtherance of the general objectives of the
charity and which have not been designated
for other purposes.

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Trust deed dated 20 September 2017
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Trust
Trustee selection methods
including details of any
constitutional provisions e.g.
election topost or name of		 Para 1.25 Trustees are appointed by the settlors
during their lifetime and subject to this by the
trustees from time to time.

any person or body entitled to appoint one or more trustees

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 No trustee received any remuneration or
was reimbursed any expenses in the year
under review.
Ludlow Trust Company Limited was paid
£14,813 for trust administration services
during the year under review. These fees
are authorized under clause 6 of the trust
deed.
Other

Reference and Administrative details

Charity name The Pantheon Charitable Trust
Other name the charity uses
Registered charity number 1174839
Charity’s principal address Trustees Department
1stFloor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ

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		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Paul Thomas Settlor
Jocelyn A Thomas Settlor
Jemma Potter
Alexander Thomas
Ludlow Trust
CompanyLimited

20

– 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

Funds held as custodian trustees on behalf of others

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
Investment Managers Coutts & Co 440 The Strand, London, WC2R 0QS
Bankers Coutts & Co 440 The Strand, London, WC2R 0QS
Accountants KJF Accounting Limited 17 Sheringham Avenue, Southgate,
London, N14 4UB

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

==> picture [505 x 129] intentionally omitted <==

----- Start of picture text -----
Signature(s) Katherine Forder
Katherine Forder (Sep 24, 2024 12:05 GMT+1)
Full name(s) Katherine Forder on behalf of
Ludlow Trust Company
Position (eg Secretary,
Chair, etc)
Date
24/09/24
----- End of picture text -----

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of The Pantheon Charitable Trust On accounts for the year ended 5 April 2024 Charity no (if any) 1174839 Set out on pages 1to2 I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 5thn April 2024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examinerfs statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: /6-0f_ Name: Mr Keith Felton Relevant professional qualification(s) or body (if any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB Section B Disclosu Only complete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018

Give here brief details of any items that the examiner wishes to disclose. IER October 2018

Binder1

Final Audit Report

2024-09-24

Created: 2024-09-24 By: Marta Kurpickaja (marta.kurpickaja@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAQIZoJi5JeGxmzoW77UItC5FcQcDgVqXb

"Binder1" History

2024-09-24 - 9:49:05 AM GMT

Document emailed to Katie Forder (katie.forder@ludlowtrust.com) for signature

2024-09-24 - 9:49:09 AM GMT

2024-09-24 - 11:03:37 AM GMT

Agreement completed.

2024-09-24 - 11:05:49 AM GMT