## **Trustees’ Annual Report for the period** **From 1/4/2022** **To 31/3/2023** **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.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **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**| ## **Additional information (optional)** You may 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 performance
against objectives|Para 1.41|| |Other||| ## **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 £25,219 (2022: £3,814)**
**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 £25,219(2022: £3,814)**| |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|| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other ## **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.**| **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charityname|S.A.M.CharitableTrust| |---|---| |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
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |---|---|---|---|---| ||M G Shields|||| ||S Shields|||| ||J Hammond|||| ||A T Shields|||| ||P M Mackenzie|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| Corporate trustees – names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **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 ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **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 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)** Mr M G Shields **Position (eg Secretary, Chair, etc)**[Trustee ] **Date** 17 January 2024 |**Charity Name**||**No (if any)**|| |---|---|---|---| |**S.A.M. Charitable Trust**||**1181383**|| |**Receipts and payments accounts**|||**CC16a**| |**For the period**
**from**|Period start date
01/04/2022|Period end date
**To**
31/03/2023|| |**Section A Receipts and payments**|**Section A Receipts and payments**||||| |---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**25,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**25,000**
**-**
**-**
**-**
**25,000**
**3,595**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**3,595**
**-**
**-**
**-**
**3,595**
**21,405**
**-**
**3,814**
**25,219**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**
**25,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**25,000**
**-**
**-**
**-**
**25,000**
**3,595**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**3,595**
**-**
**-**
**-**
**3,595**
**21,405**|**Last year**
**to the nearest £**| |Donations|**25,000**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**4,439**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**25,000**||||**4,439**| ||||||| |**A2 Asset and investment sales,**
**(see table).**|||||| ||**-**||**-**
**-**
**-**||| ||**-**||||**-**| |**_Sub total_**|**-**||||**-**| |**_Total receipts_**
**A3 Payments**|||||| ||||**-**||**4,439**| ||||||| |
Grantspayable|**3,595**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**4,121**| |Bank charges|**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_ **|**3,595**||||**4,121**| ||||||| |**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_**|||||| ||||**-**||**4,121**| ||||||| ||**21,405**||
**-**||**318**| ||**-**||**-**
**-**|**-**
**3,814**|**-**| ||**3,814**||||**3,496**| ||**25,219**||
**-**|**25,219**|**3,814**| CCXX R1 accounts (SS) 23/01/2024 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**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Cash at bank
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**25,219**
**-**
**-**
**-**
**-**
**-**
**25,219**
**-**
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
Michael Shields|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Michael Shields|17/01/2024| ||||| CCXX R2 accounts (SS) 23/01/2024 2