## **Trustees’ Annual Report for the period from 1 December 2020 to 30 November 2021**
## **Charity name: Trust**
## **Old Stoic Benevolent**
## **Charity registration number:**
## **1180214**
## **Objectives and Activities**
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SORP reference
Summary of the purposes Para 1.17 The Old Stoic Benevolent Trust exists
of the charity as set out for the prevention and relief of poverty
in its governing and financial hardship of the following:
document 1. Former pupils of Stowe School
2. Former permanent members of staf
of Stowe School
3. Immediate dependents of persons
described in 1 and 2 above
Summary of the main Para 1.17 and The Trust provides modest grants,
1.19
activities in relation to advice and support to relieve poverty
those purposes for the and hardship. We respond to
public benefit, in individual situations and provide
particular, the activities, personalised help as appropriate.
projects or services
identified in the
accounts.
Statement confirming Para 1.18 Yes
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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## **Achievements and Performance**
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SORP reference
The Charity was established in 2018
and has been setting up its services
and communicating its availability. It
Summary of the main has also been exploring the need for
Para 1.20
achievements of the its services and the best ways of
charity, identifying the providing them.
diference the charity’s
work has made to the We have helped a number of Old Stoics
circumstances of its with grants and/or practical support, in
beneficiaries and any line with our objects and addressing
wider benefits to society individual cases of need and poverty.
as a whole.
Our work in 2021 continued to be
afected by Covid-19. This again
prevented many of the face to face
conversations that might have helped
us identify people in need, either
directly or by putting the word out.
We continued to send out regular
ofers of support via social media and
through the school’s email and printed
communications.
During the financial year we gave
advice and support on a number of
occasions, and awarded a financial
grant of £500 to one person who was
in particular need. This was a financial
lifeline to them.
Our national network of volunteer local
representatives was invited to an
inaugural online meeting to discuss
what we can ofer and how they might
provide support. The network
continues to develop.
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## **Financial Review**
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Review of the charity’s Para 1.21 At 30.11.2021 the Charity had a
financial position at the positive balance of £19,500, held on its
end of the period behalf within the Old Stoic Society’s
accounts at Stowe School.
Income during the period consisted of
a 2020 grant of £3000 from the Old
Stoic Society.
As mentioned above, one grant of
£500, the maximum under our grants
policy, was awarded during this
financial period. There were no Trustee
or other expenses. Significant
amounts of volunteer time and home
office facilities were used at no cost,
and we acknowledge gratefully the
active support of Stowe School, the Old
Stoic Society and their staf.
Statement explaining the Para 1.22 We do not hold formal reserves. Funds
policy for holding at year end consist of remaining
reserves stating why they balances from annual donations.
are held The impacts of Covid are likely to lead
to more requests for our support, and
we anticipate a growing need for our
help.
Amount of reserves held Para 1.22 Year-end balance £19,500
Reasons for holding zero Para 1.22 -
reserves
Para 1.24 -
Details of fund materially
in deficit
Para 1.23 -
Explanation of any
uncertainties about the
charity continuing as a
going concern
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## **Structure, Governance and Management**
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Description of charity’s
trusts:
Type of governing Para 1.25 Foundation Model constitution for a CIO
document
How is the charity Para 1.25 CIO
constituted?
Trustee selection Para 1.25 Trustees are appointed for three-year
methods including details terms and there is a minimum number
of any constitutional of three Trustees. Trustees would
provisions e.g. election to normally be former pupils of Stowe
post or name of any School, as are the present Trustees.
person or body entitled
to appoint one or more
trustees
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## **Reference and Administrative details**
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Charity name Old Stoic Benevolent Trust
-
Other name the charity
uses
Registered charity 1180214
number
Charity’s principal Old Stoic Office
address Stowe School
Buckingham
MK18 5EH
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## **Names of the charity trustees who manage the charity**
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 S L Shneerson Chair
2 J C W Hall
3 H Kimbell
4 -
5
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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 whole year NONE**
## **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)** Simon SHNEERSON
**Position (eg** Chair **Secretary, Chair, etc)**
Date
11 August 2022
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Charity Name No (if any)
Old Stoic Benevolent Trust 1180214
Receipts and payments accounts
For the period Period start date Period end date
To
from 1-Dec-20 30-Nov-21
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
OS Society annual donation 3,000 - - 3,000
- - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
3,000 - - 3,000
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 3,000 - - 3,000
A3 Payments
Grants 500 - - 500
Expenses - - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 500 ] - - 500
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 500 - - 500
Net of receipts/(payments) 2,500 - - 2,500
A5 Transfers between funds - - - -
A6 Cash funds last year end 17,000 - - 17,000
Cash funds this year end 19,500 - - 19,500
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## **Section B Statement of assets and liabilities at the end of the period**
||||**Unrestricted**|**Unrestricted**|**Unrestricted**||**Restricted**|
|---|---|---|---|---|---|---|---|
|**Categories**|**Details**|||**funds**|||**funds**|
|||||**to nearest**|**£**||**to nearest £**|
|**B1 Cash funds**|Cash balance
Stoic Society)|(held on our behalf by Old
**_Total cash funds_**|
|**19,500**
**-**
**-**
**19,500**||
|**-**
**-**
**-**
**-**|
||(agree balances with receipts and payments
account(s))||OK|||OK||
||||**Unrestricted**||||**Restricted**|
|||||**funds**|||**funds**|
|**B2 Other monetary assets**|**Details**
None|||**to nearest**
|**£**
**-**||**to nearest £**
**-**|
||||
|
|**-**
**-**|
|**-**
**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||**Details**||**Fund to which**
**asset belongs**|||**Cost (optional)**||
|**B3 Investment assets**|None|||||
|**-**
**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
|**B4 Assets retained for the**|**Details**
None||**Fund to which**
**asset belongs**|||**Cost (optional)**
**-**||
|**charity’s own use**|||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
||||**Fund to which**||||**Amount due**|
||**Details**||**liability relates**||||**(optional)**|
|**B5 Liabilities**|None|||||
|**-**
**-**|
||||||||**-**|
||||||||**-**|
||||||||**-**|
|Signed by one or two trustees on
behalf of all the trustees||Signature|||Print|Name||
|||||Simon Shneerson||||
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CC16a
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**Last year**
## **to the nearest £**
**-**
**-**
**-**
**-**
## **Endowment funds**
**to nearest £ - - - -**
OK
## **Endowment funds to nearest £**
**-**
**Current value (optional) - - - - -**
**Current value (optional) - - - - - - - - - When due (optional)**
Date of approval
8/11/2022