Patrick Family Trust
Report for April 2024 - March 2025; seventh year of operation
## **Governance and Administration:**
The Patrick Family Trust (Charity Registration No. 1180057) is a Charitable Incorporated Organisation whose principal address is 16 Devonshire Avenue, Beeston, Nottingham NG9 1BS, and which is regulated by a constitution dated 24th September 2018.
The charity’s aims are “to advance such charitable purposes for the public benefit, primarily but not exclusively in the UK and in Malawi and Ethiopia, as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine, in particular, but not limited to
- [a] education and training,
- [b] overseas aid and disaster relief,
- [c] community development, and
- [d] support of marginalised people including prisoners, disabled and migrants.”
## **The trustees throughout the year have been:**
Dr John M Patrick [Founder; Chair] Mr Jonathan Patrick Mrs Janet Patrick [Founder] Mr Daniel Patrick Mr David Patrick Mr Joseph Patrick
The trust is managed by the founders in consultation with the other trustees. The trustees held their AGM in person in Breconshire in April 2025 with all members present.
## **Assets & Liabilities and Reserves Policies:**
The Trust holds its cash assets in a NatWest current account and a NatWest interest-earning Reserve Account.
It also holds reserve funds invested with Epworth Investment Management Ltd, owned by the Methodist Church.
The Trust makes grants and donations solely out of banked funds and does not commit beyond that limit. We incur minimal administrative costs and pay no salaries.
## **Activities during 2024-25:**
The trustees continue to have regard to the guidance issued by the Charity Commission on public benefit.
The only **income received** was £30 interest on NatWest bank deposits.
The **Epworth Investment account** had been set up last year to provide a vehicle ready to hold the bulk of the future endowed funds for growth, income and social impact. The 80% of our holding invested in the **Epworth Climate Stewardship Fund** grew in value by 5.7% during this financial year. The remaining 20% was held in cash on interest.
The Trust made **grants/donations** totalling £3,043 during the year. 18% went to a UK organisation [ **Parkrun** ] and the rest overseas: $600 to **Bridges to Malawi** for famine relief there, £500 each to **Christian Aid** and the **Disasters Emergency Committee** [DEC] for their work in Gaza, and £1000 to **Engera,** a private charity running a health centre in southern Ethiopia.
A summary of the **Receipts & Payments account** for the year 1/4/2024 to 31/3/2025 is attached.
**Signed on behalf of all the trustees** : John M Patrick, Chair **Dated:** 1/9/2025
||**Patrick Family Trust**|**Patrick Family Trust**|**Patrick Family Trust**|**Patrick Family Trust**|**Patrick Family Trust**|1180057|1180057||**CC16a**|
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
||**Receipts andpayments accounts**|||||||||
||**For the period**
**from**||**01-Apr-24**||**To**||**31-Mar-25**|||
|||||||||||
|||||||||||
|**Section A Receipts and payments**||||||||||
||**Unrestricted**
**funds**||**Restricted**
**funds**
**£ -**
**£ -**
**£ -**
**£ -**||**Endowment**
**funds**|
|**Total funds**
**£ -**
**£ 30**
**£ 30**
**£ -**
**£ 30**
**£ 550**
**£ 2,493**
**£ 3,043**
**-£ 3,013**
**£ -**
**£ 3,619**
**£ 606**||**Last year**|
|**A1 Receipts**|||||||||**2023-24**|
|Donations received|**£ -**||**£ -**||**£ -**||||**£ 5,000**|
|Bank interest|**£ 30**||**£ -**||**£ -**||||**£ 62**|
|**_Sub total(Gross income for AR) _**|**£ 30**||**£ -**||**£ -**||||**£ 5,062**|
||||||**£ -**||||**£ -**|
|**A2 Asset and investment sales**|**£ -**||||||||**£ -**|
|**_Sub total_**|**£ -**||||||||**£ -**|
||||||||||**£ -**|
|**_Total receipts_**|**£ 30**||**£ -**||**£ -**||||**£ 5,062**|
||||||||||**£ -**|
|**A3 Payments**|||||||||**£ -**|
|Donations - UK|**£ 550**||**£ -**||**£ -**||||**£ -**|
|Donations - Overseas|**£ 2,493**||**£ -**||**£ -**||||**£ -**|
|**_Totalpayments_**|**£ 3,043**||**£ -**||**£ -**||||**£ 10,000**|
||||||||||**£ -**|
|**_Net of receipts/(payments)_**|**-£ 3,013**||**£ -**||
**£ -**||**-£ 3,013**||**-£ 4,938**|
|**A5 Transfers between funds**|**£ -**||
**£ -**|
|
**£ -**||**£ -**||
**£ -**|
|**A6 Cash funds lastyear end**|**£ 3,619**||**£ -**||
**£ -**||**£ 3,619**||**£ 8,557**|
|**_Cash funds thisyear end_**|**£ 606**||**£ -**||
**£ -**||**£ 606**||**£ 3,619**|
|||||||||||
|||||||||||
|**Section B Statement of assets**|**and liabilities at the end of the period**|||||||||
|**Categories**|**Details**||||**Unrestricted**
**funds**||**Restricted**
**funds**
**-**
**-**||**Endowment**
**funds**|
|**B1 Cash funds**|**NatWest Current account**||||**110**||**-**||**-**|
||**NatWest Reserve account**||||**586**||**-**||**-**|
|||||||||||
||**_Total cash funds_**||||**696**||**-**||**-**|
|**B3 Investment assets**|**Epworth Investment Managers**||||**£ 11,354**|||||
|Signed by one or two trustees on behalf of
all the trustees|Signature||||Print|Name|||Date of approval|
||||||**Dr J M**|**Patrick**||||
||||||**Mrs Janet Patrick**|||||
||**Patrick Family Trust**|**Patrick Family Trust**|**Patrick Family Trust**|**Patrick Family Trust**|**Patrick Family Trust**|1180057|1180057||**CC16a**|
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
||**Receipts andpayments accounts**|||||||||
||**For the period**
**from**||**01-Apr-24**||**To**||**31-Mar-25**|||
|||||||||||
|||||||||||
|**Section A Receipts and payments**||||||||||
||**Unrestricted**
**funds**||**Restricted**
**funds**
**£ -**
**£ -**
**£ -**
**£ -**||**Endowment**
**funds**|
|**Total funds**
**£ -**
**£ 30**
**£ 30**
**£ -**
**£ 30**
**£ 550**
**£ 2,493**
**£ 3,043**
**-£ 3,013**
**£ -**
**£ 3,619**
**£ 606**||**Last year**|
|**A1 Receipts**|||||||||**2023-24**|
|Donations received|**£ -**||**£ -**||**£ -**||||**£ 5,000**|
|Bank interest|**£ 30**||**£ -**||**£ -**||||**£ 62**|
|**_Sub total(Gross income for AR) _**|**£ 30**||**£ -**||**£ -**||||**£ 5,062**|
||||||**£ -**||||**£ -**|
|**A2 Asset and investment sales**|**£ -**||||||||**£ -**|
|**_Sub total_**|**£ -**||||||||**£ -**|
||||||||||**£ -**|
|**_Total receipts_**|**£ 30**||**£ -**||**£ -**||||**£ 5,062**|
||||||||||**£ -**|
|**A3 Payments**|||||||||**£ -**|
|Donations - UK|**£ 550**||**£ -**||**£ -**||||**£ -**|
|Donations - Overseas|**£ 2,493**||**£ -**||**£ -**||||**£ -**|
|**_Totalpayments_**|**£ 3,043**||**£ -**||**£ -**||||**£ 10,000**|
||||||||||**£ -**|
|**_Net of receipts/(payments)_**|**-£ 3,013**||**£ -**||
**£ -**||**-£ 3,013**||**-£ 4,938**|
|**A5 Transfers between funds**|**£ -**||
**£ -**|
|
**£ -**||**£ -**||
**£ -**|
|**A6 Cash funds lastyear end**|**£ 3,619**||**£ -**||
**£ -**||**£ 3,619**||**£ 8,557**|
|**_Cash funds thisyear end_**|**£ 606**||**£ -**||
**£ -**||**£ 606**||**£ 3,619**|
|||||||||||
|||||||||||
|**Section B Statement of assets**|**and liabilities at the end of the period**|||||||||
|**Categories**|**Details**||||**Unrestricted**
**funds**||**Restricted**
**funds**
**-**
**-**||**Endowment**
**funds**|
|**B1 Cash funds**|**NatWest Current account**||||**110**||**-**||**-**|
||**NatWest Reserve account**||||**586**||**-**||**-**|
|||||||||||
||**_Total cash funds_**||||**696**||**-**||**-**|
|**B3 Investment assets**|**Epworth Investment Managers**||||**£ 11,354**|||||
|Signed by one or two trustees on behalf of
all the trustees|Signature||||Print|Name|||Date of approval|
||||||**Dr J M**|**Patrick**||||
||||||**Mrs Janet Patrick**|||||