**Trustees’ Annual Report for the period from 1 December 2019 to 30 November 2020** **Charity name: Old Stoic Benevolent Trust** **Charity registration number: 1180214** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The Old Stoic Benevolent Trust exists for the
prevention and relief of poverty and financial
hardship of the following:
1. Former pupils of Stowe School
2. Former permanent members of staff of
Stowe School
3. Immediate dependents of persons described
in 1 and 2 above| |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|The Trust provides modest grants, advice and
support to relieve poverty and hardship. We
respond to individual situations and provide
personalised help as appropriate.| |Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit|Para 1.18|Yes| ## **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 was established in 2018 and has
been setting up its services and communicating
its availability. It has also been exploring the
need for its services and the best ways of
providing them.
We have helped a number of Old Stoics with
grants and/or practical support, in line with our
objects and addressing individual cases of need
and poverty.
Our work in 2020 was greatly affected by Covid-
19 because of our reliance on Stowe School to
help us identify former pupils in need. The
school furloughed most of its admin staff and
alumni events and most activities were paused,
so there were far fewer communications
between alumni and the school. This reduced
requests for help and prevented the
conversations that might have helped us identify
people in need, either directly or by putting the
word out. We did however issue regular offers
of support via social media and through the
school’s generic email and printed
communications to raise our profile, and were
able to respond accordingly.
During the 2020 financial year we gave advice
and support on a number of occasions, but no
financial grants were awarded.
We have been establishing a national network of
local representatives (volunteers) in order to
give potential clients a local contact who can
provide more individualised attention. This
network will now be more proactive than was
originallyenvisaged.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s financial
position at the end of the
period|Para 1.21|At 30.11.2020 the Charity had a positive balance
of £17,000, held on its behalf within the Old
Stoic Society’s accounts at Stowe School.
Income during the period consisted of a 2020
grant of £4041 from the Old Stoic Society.
As mentioned above, no grants were awarded
during this financial period and there were no
Trustee or other expenses. Significant amounts
of volunteer time and home office facilities were
used at no cost.| |Statement explaining the policy
for holding reserves stating why
they are held|Para 1.22|We do not hold formal reserves. Funds at year
end consist of remaining balances from annual
donations.
The impacts of Covid are likely to lead to even
more requests for our support, and we
anticipate agrowingneed for our help.| |Amount of reserves held|Para 1.22|Year-end balance £17,000| |Reasons for holding zero
reserves|Para 1.22|-| |Details of fund materially in
deficit|Para 1.24|-| |Explanation of any
uncertainties about the charity
continuingas agoingconcern|Para 1.23|-| ## **Structure, Governance and Management** |Description of charity’s trusts:||| |---|---|---| |Type of governing document|Para 1.25|Foundation Model constitution for a CIO| |How is the charity constituted?|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|Trustees are appointed for three-year terms and
there is a minimum number of three Trustees.
Trustees would normally be former pupils of
Stowe School, as are the present Trustees.| ## **Reference and Administrative details** |Charityname|Old Stoic Benevolent Trust| |---|---| |Other name the charityuses|-| |Registered charitynumber|1180214| |Charity’s principal address|Old Stoic Office
Stowe School
Buckingham
MK18 5EH| **Names of the charity trustees who manage the charity** |1
2
3
4
5|**Trustee name**|**Office (if any)**|**Dates acted if not for whole year**|**Name of person (or body) entitled to**
**appoint trustee(if any)**| |---|---|---|---|---| ||S L Shneerson|Chair||| ||J C W Hall|||| ||H Kimbell|||| ||-|||| |||||| Corporate trustees – names of the directors at the date the report was approved |**Director name**||| |---|---|---| |**NONE**||| |||| |Name of trustees holding title to|property belonging to the charity|| |**Trustee name**|**Dates acted if not for wholeyear**|| |**NONE**||| |||| |**Funds held as custodian trustees on behalf of others**|**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|-| ## **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)**
**Position (eg Secretary, Chair,**
**etc)**
**Date**||| |---|---|---| ||Simon SHNEERSON|| ||

Chair|| ||21 September 2021|| ||21 September 2021|| **Charity Name No (if any) Old Stoic Benevolent Trust 1180214 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 01-Dec-19 30-Nov-20 |**Section A Receipts and payments**|**Section A Receipts and payments**|||||| |---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**4,042**
**-**
**-**
**-**
**-**
**-**
**-**
**4,042**
**-**
**-**
**-**
**4,042**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**4,042**
**-**
**12,958**
**17,000**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**4,042**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**4,042**
**-**
**-**
**-**
**4,042**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**4,042**||**Last year**
**to the nearest £**| |OS Society's 2019 donation|**4,042**|||||**-**| |||||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**4,042**|||||**-**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_ **
**A3 Payments**||||||| |||||||**-**| |||||||| |Grants|**-**|||||**-**| |Expenses|**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**-**|||||**-**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**-**| |||||||| ||**4,042**|**-**|**-**|**4,042**||**-**| ||**-**|**-**|**-**|**-**||**-**| ||**12,958**|**-**|**-**|**12,958**||**-**| ||**17,000**|**-**|**-**|**17,000**||**-**| CCXX R1 accounts (SS) 21/09/2021 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**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
None
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
None
Cash balance (held on our behalf by Old
Stoic Society)
**Details**
**Details**
None
**Details**
None
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**17,000**
**-**
**-**
**-**
**-**
**-**
**17,000**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Simon Shneerson|**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Simon Shneerson|21/09/2021| ||||| CCXX R2 accounts (SS) 21/09/2021 2