CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report for the period From 1 January 2023 To 31 December 2023 Charity name: The Cavaliero Family Charitable Trust CIO Charity registration number: 1175696 Objectives and Activities SORP referenca Summary ofthe purposes of the charity as set out in its governing document Para 1.17 The objects of the CIO are to advan￿ such charitable purposes {according to Ihe law of England and Wales) for the public benefit, in any part of the world as the charity trustees may in their absolute discretion think frt from time to time. Summary of the main activities in relation to those purposes for the public benefil, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on publi benefit Para 1.17 arnl 1.19 The charity has made grants to other registered charities. P8ra1.18 The trustees have had due regard to the Charity Commission's publi¢ benefit guidance when exercising any powers or duties to which the guidance relates. Additional infomiatlon (optional) You ma choose to include further statements where relevant about: SORP reference The charity has a detailed grant-making policy which it follows when it chooses the registered charities to which it is goin9 to make grants. Parn 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribulion made by volunteers Other Achievements and Performance The charity has made grants to other registered charities. Summary of the main achievements ofthe charity, identifying the difference the harity's work has made to the circumstan￿$ of its beneficiaries and any wider nefits to society as a whole. Para 1.20 Additional Infomiatlon (optionall You ma choose to include further statements where relevant about-. Achievements against objectives set Party 1.41 Perfomiance of fundraising activities against objectives set Para 141 Investment performan against objectives Para 1.41 Other Financial Review Review of the charity's financial position at the end of the riod Statement explaining the policy for holding reseNes statin are held Amount of reserves held Para 1.21 The charty continues to hold units in a fund that is only open to charities. P8r# 1.22 The charity only makes grants out of the distributions that it receives from its investments. And so the charity does not need to build its reserves. See above. Para 1.22 Reasons for holding zero reserves Delails of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going oncem Para 1.22 Para 1.24 Para 1.23 Additional information (optional) You ma 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 rtsks facing the charity pa￿ 1.46 Other Structure, Governance and Management Description of charity's trusts.. Type of goveming document Para 1.25 CIO Constitution ITer( How is the charity constituted? le.g unincorporated 298nr.i2tinn P.In) Trustee selection metho(Is 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 cio Para 1.25 Appointed by resolution passed at a properly convened meeting of the charity trustees. Additional inforniation (optlonal) You ma 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 ￿e￿Ork wilh which the charity works Psra 1.51 Relationship with any related parties Para 1.51 Othèr Reference and Administrative details Charil name Other name the cha uses Re istered charit number Charity's principal address The Cavaliero Famil Charitable Trusl CIO 1175696 Combe Bottom Cottage Freshford Balh BA2 7TX Names of tho charity trusteos who manage the charity Trustee name Dat•8 acted If not forwhole ear oirice lif 8ry1 Name of person lor bodyl gntitled oint trustee if an Charles Cavaliero David Cavaliero 10 12 13 14 15 16 17 18 19 20 orate trustees- names of the directors at the date the re Olrector nam• ortwasa roved Name of trustees holding title to property belonging to the charity nam? Dates a¢ted if not for whole 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 Infonnatlon (optlonal Names and addresses of advisers (Optional inforniationl Type of Name Address adviser Name of chief executlve or names of senior slaff members (Optional Infomiatlon Exemptions from disclosure Reason for non-disclosure of ke rsonn81 details No key personnel. Other o tional information Declarations Thè trustees declare that they have approved the trustees, report above. Signed on behalf of the charlty's trustees Signaturels) Full name(s) Poslllon (eg Secretary, Chair. etc) vid Cavaliero Trustee Date CHARITY COMMISSION FOR ENGLAND AND WALES The Cavaliero Family Charitable Trust CIO Recei ts and ments accounts CC16a For the perfod from 01-Jan-23 To 31-Dec-23 Section A Receipts and payments Unrestricted funds to tho 1)trarest Restricted funds Endowment funds Total funds Last year to the neawt£ lo the ngaresi£ toth• n8aro8t£ to tho n8are¥i£ Al Recel 7,611 7,611 ro￿ In￿me or AR) e¥, 7.611 7,611 et8n see table . Investme sa 7.611 7,611 A3P• Grants ank charge rnents 7,5Th) 15 7,J(K) IS Sub total 7.515 7.610 A4 A88et and Investm•nt Sub total 7.515 7.515 Net of re¢•lpWfpayments) AS Transfers betsy￿n funds A6 Cash funds last year end Cash funds thITS year •nd 96 388 96 388 CCKX Rl arA¥Junts Issi 05109r2024 Section B Statement of assets and liabilities at the end of the period Unrestrlcied funds lo ngare•t£ Restrlcted funds to ngar9St£ Endowment funds lo n￿r•st£ iaiegone$ LTret211S 81 Cash funds Bank Total Cash funds 2.885 Unr•striet funds Restrlcted fund¥ to n88mt £ Endowment fundg Details to nearogt £ to nearest £ Funoto whi¢h 8880t balon Unro5tr4clgd C￿¢ l0Oonall Cum*nt v•1 ioMI Detai15 Units in fuThJ ￿lY0￿en to thaiibe8 . zz•• Fund to whlch a88Ot be￿￿ Current valuo Details Costloptionall B4 Assets retalnod for tho charity'8 own u8e Fund towhich r•lat•s Amount duo lonal Whon due Details B5 Llabilities Swned by one or tnJste85 0 b8haM of all lh8 trustees Date of rov81 SwJnature Print Name cA￿lL{￿ CCXX R2 accounts ISSI 0510912024