CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01.04.2024 Period start date To 31.03.2025 Period end dats Charity name: The Reid Trust Charity registration number: 1180357 Objectives and Activities SORP referenc Summary ofthe purposes of the charity as set out in its governing document Para 1.17 Founded in 1868, the Reid Trust was eslablished to improve and promote the education of women in the United Kingdom, a mission the Trust continues in the very different social and educational environment of the twenly-first century Ils purpose is to support women who have been educated in the UK at secondary or tertiary level, or both, and who want lo pursue higher education, research, or training at an appropriate educational establishment in the UK. Applicants do not need to have been bom in the UK. 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. Pam 1.17and 1.19 Trustees invite applications for awards from the Trust usually once every two years. The purpose of these awards is lo help the applicant meet the costs of education or training, nomially at postgraduate level. Typically, the awards are used to cover in part or whole the various expenses incurred as a consequence of study or training.. e.g., fees, equipment, travel costs within the UK, childcare or other care provision. In the award year, the application process opens in January with the deadline for submissions set in May. In the following June or July trustees meet to asses5 the applications and to decide on the disbursal of awards of beeen £200 to £1500. The trustees raise the profile of the Trust through ils website hlt s..Ilw.thereIdtruSt.cO.uk In addition lo providing information about the Trust's history, Ihe website details eligibility criteria, explains the application process, and allows access to the online application form. The e dedicated to awardees,
stories is illustrative of the variety of courses and range of disciplines thal have recently been supported by the Trust. Statement confirming whether the trustees have had regard to the guidan issued by the Charity Commission on public benèfit Para 1.18 The trustèes, regard for the Charity Commission guidance on public benefit is demonstrated by their work to further the purpose of the Trust by the regular distribution of awards. This work involves an annual meeting of trustees to discuss issues critical to the efficient administration of the Trust, including its obligations as a Charitable Incorporated Organisation, finances, and the public profile presented on the website. As regards the process for the selection of beneficiaries, the trustees are responsible for the scrutiny of all applications, references, and any other supporting material pertaining to individual applicants. At the awards, meeting, they discuss their evaluation of the submissions, taking into account the quality of the application, the strength of supporting references, and the circumstances of the individual applicant. Additional Infomiation loptional) You ma choose to include further statements where relevant about.. SORP referen Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunleers Other
Achievements and Performance SORP ference The Trust distributes awards of between £200 and £1500 usually every years. Currently our investment income, which funds the awards, is sufficient to meet the financial demands of a two-year, rather than a one-year, cycle. Although the sums of money are relatively small, the awards help beneficiaries cover the often considerable costs of training programmes and postgraduate degrees and diplomas. Summary of the main achievements of the charity, identifying the difference the charity s work has made to the circumstances of ils beneficiaries and any wider benefits to society as a whole. Para 1.20 There is a high demand among women to advance their academic andlor professional careers. In recent years the Trust has supported awardees enrolled on diplomas and other professional wurses le.g., Therapeutic Counselling, Humanistic Counselling and Psychotherapy, Professional Voice Studies) and at different levels of postgraduate study {e.g., DPhil, PhD, MA, MFA, MFA Producing, Mmus, MPhil. MPP, MRes, MSC, Mst, Veterinary Science Accelerated Graduate Entry) As regards the benefit to society as a whole, the Trust's awardees include those who have pursued, or who are pursuing, fields of sludy Ihal impact directly on public health and the social fabric, such as Molecular Neuroscien, Clinical Forensic Psychology, Global Maternal Health, Speech and Language Therapy, Art Therapy, Environmenlal Policy and Regulation, and the Social Science of the Internet. Additional information {optionall You ma choose to include further statements where relevant about.. Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment perfomiance ainst ob"ectives Para 1.41
Other
Financial Review Review of the charity's financial position at the end of the period Para 1.21 In the period under review the Trust reiVed £10,600 from ils investments held by the CCLA. This money was paid directly inlo the Trust's account held with the Natwest. Statement explaining the policy for holding reserves staling why they are held Para 1.22 The reseNes held by the Trust in the Natwest account accumulate to fund the awards that are distributed usually every two years. In the period under review no awards were distributed. Amount of reserves held Reasons for holding zero reserves Details of fund malerially in deficit Explanation of any uncertainties aboul the charity continuing as a going conrn Para 1.22 £17,761 Not applicable. Para 1.22 Para 1.24 Not appliGable. Our fund is not in deficit. Para 123 Not applicable. Additional informatlon (optional) You ma choose lo include further statements where relevant about.. The Trust's sole source of funding is the income from investments held by the CCLA, the UK'S largest charity fund manager and a pioneer in ethical and responsible investment. The income is used to realise the key objeclive of the Trust, namely the disbursal of awards to further the education of women. In addition, money from income covers the Trust's administrative expenditure (in the period under report this amounted to £5211. The charity's principal SoUrS 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 risks facing the charity Psra 1.46 Other
Structure, Governance and Management Description of charity's trusts.. Type of governing document tri Isl rlpprl -n. | p,'iarter How is the charity constituted? i e q L',li,'iicoI Dorated P8ra 1.25 Trust Deed Para 1.25 Charitable Incorporated Organisation Trustee selection methods including details of any constitutional provisions e.g. eleclion lo post or name of any person or body entitled to appoint one or more trustees Para 1.25 There are no specific constitutional provisions regarding the appointment of trustees, all of whom are unpaid volunteers. Professional interests, experience, and expertise are the main criteria taken into account when new trustees join the board. Additional information loptionall You ma choose to include further stalemenls 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 network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Charit name Other name the charit uses islered charil number Charity's principal address The Reid Trust The Reid Trust for the Hi 1180357 6 Rolle Villas Exmoulh EX8 2AE her Educalion of Women
Names of the charity trustees who manage the charity Dates a¢ted if not for whole èar Trustee name Office lif anyl Namè of pèrson lor body) entitled toa oint trustee Ifan Frances Blackmore Joint Minutes and Web Secretary Grace Davie Elaine Davies Jennifer Ellis Katherine McDonald Treasurer Joanna Mimmack Minutes Secretary Web Secretary Chair Charlotte Payne Sara Smart Nathalie Young joined board of trustees 22 October 2024 10 12 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Director name ortwasa roved Name of trustees holding title to property belonging to the charity Trustee name Dat•s aetèd If not for whole ear
Funds held as custodian trustees on behalf of others Description of the assets Not applicable. held in this capacity Name and objects ofthe harity on whose behalf the assets are held and how this falls wilhin the custodian charity s objects Not applicable. Details of arrangements for safe custody and segregation of such assets from the charity's own assets Not applicable. Additional infom)ation loptionall Names and addresses of advisers (Optional infomiation) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information) Exemptions from disclosure Reason for non-disclosure of ke rsonnel details Not applicable. Other o tional information
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signaturels) C. Full namels) Position leg Secretary, Chair, etc) Sara Catherine Smart Chair Date 16.01.2026
CHARITY COMMISSION FOR ENGLANO AND WALES Receipts and payments accounts CC16a For the period from To 0110412024 3110312025 Section A Receipts and payments Unrestricl8d fund5 Restri¢led funds Endowment funds Total funds Last year tothe neaT•St to th$ nearest E to the nearest £ to tho noarèst £ to ngarEst£ A1 Receipts Invesbneni Irorne 10,599.74 10.600 tota ross Income or ARJ 10,600 10,600 A2 Assèt and in¥e3tment sa Ise• tablel. es, Total receipts 10,600 A3Pa ments Administrative expenditure 521 521 Sub total $21 521 A4 Asset and Investment urchases see table Sub total 521 S21 Net of re¢elpts/(payments) A5 Transfèrs between funds A6 Ca¥h funds last year end Cash funds this year end 10,079 10.079 7,682 17.761 17.761 CCXX R1 accounts ISSI 1610112026
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to n8arest £ Restricted funds to n8aYest£ Endowment funds to near8St £ Categories Detalls B1 Cash funds Total cash funds 149iae traiance5Wrtn receiwsand Payn$ Unrestrlcted funds to nearest £ Restrlcted funds to ne4re$t£ Endowment funds Details to nearest £ B2 Other monetary assets Fund towhieh asset belon Reid Trust urront ¥•lue Details COIF cnaritsas Ethical InVment Fun 081 loptlono11 B3 Investment assets 115,739 COIF Charities Ethical InY*imeni Fund Reid Trust 4,987 Fvnd towhi¢h asset bplon s Cuwrentvalue bonal Details eost loptlonall B4 Assots retained for the ¢harfty'$ own us• Fund towhlch rel¥tÈ& Arnount due lonal Whèn due Iit)n41 Details 85 Liabilities Signed by one or trustees on behalf of a11 th& trustees Date of roval Signature Print Name Katherine McDonald 0311212025 CCXX accounts ISSI 1610112026