## **Trustees’ Annual Report for the period** ## **From 1/4/20 to 31/3/21** ## **Charity name: The S.A.M. Charitable Trust** ## **Charity registration number: 1181383** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the CIO are to promote the
education (including social and physical training)
of people in the United Kingdom in such ways as
the charity trustees think fit, including by:
•
awarding to such persons scholarships,
maintenance
allowances
or
grants
tenable at any university, college or
institution of higher or further education;
•
providing financial support, to undertake
travel in furtherance of education or to
prepare for entry to any occupation trade
or profession on leaving any education
establishment;
•
providing financial support and other
assistance towards training, coaching,
mentoring and other services and
facilities particularly with a view to
enabling the beneficiaries to set up in
business or obtain paid employment;
•
to make grants and advance funds to
other charities with the same or similar
aims.| |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|Donations are received and a number of
donations were made to a variety of UK
Registered Charities. There have been no
changes in objects or policies during the period,
and no changes are anticipated in the future.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have paid due regard to the public
benefit
guidance
issued
by
the
Charity
Commission in deciding the allocation of funds.| ## **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|During the year, the charity maintained its
policy of allocating donations to charitable
organisations.| |---|---|---| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the balance sheet date there was a funds
surplus of £3,496 (2020: £6,819) which the
trustees have carried forward for future use by
the charity.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|It is the policy of the Trustees to maintain free
reserves at a level which is considered adequate
to provide sufficient funds to cover ongoing
management and administration costs and to be
in a position to respond to applications for grants
as and when they may arise.| |Amount of reserves held|Para 1.22|At the year end, the charity held free reserves
totalling £3,496 (2020: £6,819)
.| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|
Para 1.25|The S.A.M. Charitable Trust is a registered
charity (number 1181383) and was established
under a CIO Foundation Constitutions dated 31
December 2018| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The charity is as Charitable Incorporated
Organisation (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|It is not envisaged that any new trustees will be
recruited in the near future, but should that
happen a full induction will take place.| |---|---|---| ## **Reference and Administrative details** |Charity name|S.A.M. Charitable Trust| |---|---| |Other name the charity uses|| |Registered charity number|1181383| |Charity’s principal address|9 Clonard Way
Pinner
HA5 4BT| ||| **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 (ifany)**| |---|---|---|---|---| ||M G Shields|||| ||S Shields|||| ||J Hammond|||| ||A T Shields|||| ||P M Mackenzie|||| ## **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**|
Mr M G Shields|| |---|---|---| |||| ||
Trustee|| ||28/1/22|| ||28/1/22|| |**S.A.M. Charitable Trust**|**S.A.M. Charitable Trust**||**1181383**| |---|---|---|---| |**Receipts andpayments accounts**|||| |**For the period**
**from**|01/04/2020|**To**|31/03/2021| ## **CC16a** ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**21,050**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**21,050**
**-**
**-**
**-**
**21,050**
**24,321**
**52**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**24,373**
**-**
**-**
**-**
**24,373**
**- 3,323**
**-**
**6,819**
**3,496**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**
**21,050**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**21,050**
**-**
**-**
**-**
**21,050**
**24,321**
**52**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**24,373**
**-**
**-**
**-**
**24,373**

**- 3,323**|**Last year**
**to the nearest £**| |---|---|---|---|---|---| |Donations|**21,050**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**64,367**| |Interest receivable|**-**||||**1**| ||**-**||||**-**
**-**
**-**
**-**
**-**
**-**| ||**-**||||| ||**-**||||| ||**-**||||| ||**-**||||| ||**-**||||| |**_Sub total_**_(Gross income for_
_AR)_|**21,050**||||**64,368**| ||||||| |**A2 Asset and investment sales,**
**(see table).**|||||| ||**-**||**-**
**-**
**-**||**-**| ||**-**||||| |**_Sub total_**|**-**||||**-**| |**_Total receipts_**
**A3 Payments**|||||| ||||**-**||**64,368**| ||||||| |Grantspayable|**24,321**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**57,493**| |Bank charges|**52**||||**56**| ||**-**||||**-**
**-**
**-**
**-**
**-**
**-**
**-**| ||**-**||||| ||**-**||||| ||**-**||||| ||**-**||||| ||**-**||||| ||**-**||||| |**_Sub total_ **|**24,373**||||**57,549**| ||||||| |**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_**|||||| ||||**-**||**57,549**| ||||||| ||**- 3,323**|**-**|**-**||**6,819**| ||**-**|**-**|**-**
**-**|**-**
**6,819**|**-**
**-**| ||**6,819**|**-**|||| ||**3,496**|**-**|**-**|**3,496**|**6,819**| CCXX R1 accounts (SS) 29/01/2022 1 ## **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**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Cash at bank
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**3,496**
**-**
**-**
**-**
**-**
**-**
**3,496**
**-**
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
Mr M Shields|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Mr M Shields|28-Jan-22| ||||| CCXX R2 accounts (SS) 29/01/2022 2