Trustees’ Annual Report for the period
From 1/4/2024
To 31/3/2025
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 |
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. |
Commission on public benefit
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 During the year, the charity maintained its policy of allocating donations to charitable organisations Summary of the main Para 1.20 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.
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 £1,610 (2024: £8,410) 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 £1,610 (2024: £8,410) |
| 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 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 |
Para 1.46 | |
| 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 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
| 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 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 16 January 2026
| S.A.M. Charitable Trust Charity Name |
S.A.M. Charitable Trust Charity Name |
S.A.M. Charitable Trust Charity Name |
1181383 No (if any) |
1181383 No (if any) |
1181383 No (if any) |
CC16a | |
|---|---|---|---|---|---|---|---|
| For the period from |
01/04/2024 Period start date |
To | 31/03/2025 Period end date |
||||
| Section A Receipts and payments | |||||||
| A1 Receipts | Unrestricted funds to the nearest £ - - - - - - - - - - - - - 6,800 - - - - - - - - 6,800 - - - 6,800 - 6,800 - 8,410 1,610 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - 6,800 - - - - - - - - 6,800 - - - 6,800 - 6,800 |
Last year to the nearest £ |
||
| Donations | - | - | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Sub total(Gross income for AR) |
- | - | |||||
| A2 Asset and investment sales, (see table). |
|||||||
| - | |||||||
| - | - | ||||||
| Sub total | - | - | |||||
| Total receipts A3 Payments |
|||||||
| - | |||||||
| Grantspayable | 6,800 | 16,809 | |||||
| Bank charges | - | - | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| **Sub total ** | 6,800 | 16,809 | |||||
| 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 |
|||||||
| 16,809 | |||||||
| - 6,800 | - | - | - 6,800 | - 16,809 | |||
| - | - | - | - | - | |||
| 8,410 | - | - | 8,410 | 25,219 | |||
| 1,610 | - | - | 1,610 | 8,410 |
CCXX R1 accounts (SS)
21/01/2026
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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Cash at bank Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 1,610 - - - - - 1,610 - 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 | 16/01/2026 | ||
CCXX R2 accounts (SS)
21/01/2026
2