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2021-03-31-accounts

SCRPreferent
Summery of the purpoeses Para 1.17 Founded
in 1867,the Reki Trust wes set		 up
ofthe charity as set aut ln to promote the educ»Son ofwomen
in the
its governing dacumerrl United Kingdafn. The Trust corilinues this
mission today by supporting
the further
education ortrrsning
ofwomen who have
been educated
in the United
Kingdom at
secondary
and/or
tertiary level.
Summary
acdvifies		 ofthe main
in reiafion tothose		 Para 1.17arse
1.1e		 The Trust awards
individual
grants for
further educabon ortraining,
usually at
purposes far the public postgraduake
ievsl. Normally the awards
bensfit,
in particular,		 the are disbursed
every two years, ahhough		 the
acfivities, projects or last cyde was impacted
by the panderric.
servhss identified in the The distribution
originally
scheduled
for
accounts. summer 2020 was postponed
forayear
and took place in summer 2021.
In the period under report, the trustees
commissioned
adedioNed website. This
was launched
in January 2021
(httpsitwww,
thereldtrust. co.uk). The
decision was taken to incorporate
into the
website an online application
process, a
necessary
modernization
that has enabked
the Trust to con5nue its work despite the
estrictions
imposed
by the pandemic.
Statement
confirming		 Para ice The tnistees'
regard ta the Charity
whelher the trustees have Camrnisskrn
guidance
on pubfic benefit is
had regard tothe guidance evident in their efforts to further the purpose
issued by the Charity ofthe Trust by the negular distribution
af
Commission on public awards ta support the education
or training
benefit afwomen
with a proven track record in their
field.
In this period, these efforts have coalesced
around the mademlzalon
ofthe Trusrs
mechanisms:
the improvement
and
prafesdonafization
ofthe Trust's web
nesence and the IntraducSon
ofonline
Add Wonal Add Wonal InformaOon InformaOon (opdonai)
You ma choose to indude further statements where relevant shout:
Policy on grant making
Policy on social investment
induding program
related
Investment
Pn i.38
, Contribution made by
volunteers
Achievements
and		 Performance
The Trust distributes
awanh
behveen 6260
and f1500, usually
every two years.
Currently
our investmerrt
income, which
Summary
of
achievements		 ths main
ofthe charity,
Paa 1.20		 funds the awards,
is suflicient to meet ths
llnandal
demands
ofatwo rather than one-
ideirlying the difference the year cyde. Due to the impact ofthe
charity's work hss made to coronavlrus
on our administrative
the circumstances
ofits		 processes, we were obliged to postpone
beneficiaries and any wider the appicahon cyde schsduied
for
; benefits to sodety asa spring/summer
2020 to spring/summer
whole. 2021.The disbursal
ofawards took place in
July 2021, outside the parameters
ofthe
pissefri review.
The Trust enables
Its beneficiaries to fulfil
course requirements
and advance their
careers by providing
awards that cover or
contribute toa variety ofexpenses
incurred
asa consequence
offurther educagon or
training; e.g.,course fees, travel costs,
childcars or other care provision.
Among the crlteria considered
in the
dispersal ofawards is the benetit that ths
rant-holders
education ortraini
bring to her community and/or so@sty in
general.
Additional
informatton
(opttonatj		 Additional
informatton
(opttonatj
You
choose to indude		 further statements where relevant about:
Achievements
against		 Para 141
objectives sel
Performance
offundralslng
activities against objectives		 Para 1.41
sat
Investment
perfonnance		 Para 1.41
against objectives

Review ofthe charity's Review ofthe charity's Review ofthe charity's Para 121 ln the reporbng
period 1~April 2020to		 31"
financial position at the end March 2021,the Trust received R9984 from
ofthe period its investmsnts
held by the CCUrr. The
Income was paid into the Business Reserve
Account hald by NatWest. The funds are
transferred
to the current account ss
needed tocover expenses.
Statement
exfiatning		 the The reserves
held by the Trust in the
policy for holding reserves Business Reserve account accumulate to
stating why they are hekl fund the awards made by the Trust,
normally
every two years. Funds were		 not
disbursed
in 2020,forthe reasons
described above. Reserves were held over
from this period to be disbursed
in summer
2021.
Amount of reserves held R23,811on 31 March 2021. This Itgure
takes into account the cheque fork3120
written
in the 2019-20financial year,
induded
on our previous year's accounts,
which at this date had not yet been cashed.
Reasons for holding zero Para 122 Not applicable
reserves
: Details offund materially In Para 124 Not applicable. Our fund hr not in defldt.
deficit
Explanation
ofany		 Unceriairrbes about the charittrs ability to
uncerirsnties
about the		 continue asa going concern are not
charity confinuing asa going anbop8tad.

The charity'8
principal
sources offunds (induding		 Para 1.47
any fundraising)
Investment
policy and
objectives including
any
social investment
policy
adopted
A description
ofthe principal
risks facing the charity

Description
ofcharity'8
Type of governing
document		 Trusl deed
How is the charity
constituted'P Charitsbha
Incorpomted
Organisation
Trustee selection methods Para 12S There are no specific constitutional
induding
details ofany		 provisions
about the appointment		 of
constitutional
provisions e,g.
election to post or name of		 'trustees,
all ofwhom sfe unpaKI
volunteers.
The board oftrustees		 sakes
any person or body entitled new trustees, taking into account
toappoint one or more professional
experience and professional
'trustees background.

Policies and procedures
adopted forthe induction
and tmining oftrustees
The cherty's organisabonal
structure
and any wider		 Para 151
network with which the
charity works
Relationship
with any related		 pere t.tie
partes

Ch name The Raid Trust
Other name the charit uses The Reid Trust forthe H Education ofWomen
R islered cha '
number		 1180357
Charity's principat address 8Rolls Villas
Exmouth
EX8 2AE
mes ofthe cha rity trus tees who manage th e chartty
Oflice gfany) Dates sated Ifnot forwhale Name
to		 ofperson (orbody) cruised
oint trustee
If
Grace Davis
Elaine Device
Jennifer Ellis
Rosemary Hall January 2021 rebred
from board oftrustees
Katherine Treasurer
McDonald
Joanna Mlmmack
Charlotte Payne		 WebS~
8 Sara Smart Chair
9
10
11
12
13
14
15
16
1?
16
19
20
Funds held as custodian Funds held as custodian trustees on behalf ofothers
Desaiption
ofthe assets
held in this capadty
Name and objects ofthe
charity on whose behalf the
assets are heki and how this
falls within the custodian
charity'8 objects
Details ofarrangements for Not applicable
safe cUstody and
segregation
of$Uch assets
from the charity's
own
8SIBIS
Additional
information{~
 ifti

Signed on behalf of the charity's tr ustees ustees
Signature(s) Saw (-.5NW
Full name(s) Sara Catherine Smart
Posigon (eg Secretary,
Chair, etc)		 Chair
17.01.2022
~ ~ ~
~
Unrestricted Restricted Endowment
funds funds funds
to nearest 9 to nearest 9 to nearest 2
61Cash funds Buancss Reserve Account 21Ace
Current account 1,742
total cash funds 23,811
(acne bsbrcow loth rscapis and paymscis
sccocm(s»
Unrestricted Rest rioted Endowment
funds funds funds
Details to fleamat 9 to nearest 2 tc nearest 2
62 Other monetary assets
Details Fund tcwhich
asset
s		 Cost (opuonae Current value
0
ila
63Investment assets COIF Chacbss Ethical Invsstmsct Fund Raid Trust
COIF Charess Ethical Investment Fund Red Trust
Fund towhich Currentvalue
Details &scat
s
64Assets retained for the
charity's
own		 use
Fund to whkh Amount dua Whorl due
Details (lab(
rehtes		 0
one
65 L(abltlt(es
Signed by one or two trustees on
behalf cfall the trustees		 Signature Print Name Date of
a
royal
Sara Catharine Smart 17.01.2022