Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 03 07 2022 To 02 07 2023
Section A Reference and administration details
Charity name The Bikkja Trust
Other names charity is known by Registered charity number (if any) 1181654
Charity's principal address One Redcliff Street Bristol Postcode BS1 6TP
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 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Caitlin Dean | Settlor | |||
| Dr Catherine Nelson-Piercy |
||||
| Sarah Shenow | ||||
| Stephen Watford | Until 12/05/2023 | |||
| TLT Trustee Limited |
||||
| Prof Rebecca Painter |
From 12/05/2023 | |||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
March 2012
TAR 77267476.1
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Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Investment Manager | Coutts & Co | 440 The Strand, London, WC2R 0QS |
| Bankers | Coutts & Co | 440 The Strand, London, WC2R 0QS |
| Solicitors | TLT LLP | One Redcliff Street, Bristol BS1 6TP |
| Independent Examiner | Geoffrey Frost | Blue Spire Limited, Crawley Priory, South Pallant, Chichester, West Sussex, PO18 1SY |
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Trust Deed dated 2[nd] July 2018
- (eg. trust deed, constitution)
How the charity is constituted
Trust
- (eg. trust, association, company)
Trustees are appointed by the settlor during their lifetime and subject to Trustee selection methods this the trustees from time to time. (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
March 2012
TAR 77267476.1
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The objects of the Trust are to further apply the income, and all or such part or parts of the capital, at such time or times and in such manner to, or for the benefit of such charities or such exclusively charitable purposes Summary of the objects of the according to the laws of England and Wales in any part of the world as charity set out in its the trustees may in their discretion think fit. governing document In furtherance of the charity’s objects for the public benefit the trustees Summary of the main provide grants. In determining the charity’s activities the trustees have activities undertaken for the had regard to the Charity Commission’s guidance on public benefit. public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking; policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
During the year under review the charity made 14 grant awards totalling Summary of the main £42,419. achievements of the charity during the year
Section E Financial review
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Brief statement of the charity’s policy on reserves
At the end of the reporting period the charity had free reserves amounting to £7,466 (2022: £7,812). In addition to the free reserves the charity has cash balances of £62,218 (2022: £45,528) and investments with a value of £394,187 within the expendable endowment fund which can be released to support the activities of the charity.
The Trustees pursue a policy of maintaining a free reserve available to be spent in a furtherance of the charity’s objectives, as well as covering future needs, opportunities, contingencies and risks.
Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
-
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Deborah Gale Position (eg Secretary, Chair, On behalf of TLT Trustees Ltd etc)
Date 06 March 2024
March 2012
TAR 77267476.1
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Charity Name No (if any) The Bikkja Trust 1181654 Receipts and payments accounts
| For the period from |
03/07/2022 Period start date |
To | 02/07/2023 Period end date |
|---|---|---|---|
CC16a
| from | from | 03/07/2022 02/07/2023 |
03/07/2022 02/07/2023 |
03/07/2022 02/07/2023 |
03/07/2022 02/07/2023 |
|
|---|---|---|---|---|---|---|
| Trustees’ Report and Receipts and Payments Accounts for the | period ended 02-Jul-2023 Last year to the nearest £ 8,405 38 - - - - - - 8,443 431,031 - 431,031 439,474 41,394 3,342 2,520 34 408 - - - - 47,698 388,718 - 388,718 436,416 3,058 - 50,282 53,340 |
|||||
| Section A Receipts and payments | ||||||
| A1 Receipts | Unrestricted funds to the nearest £ 9,426 769 - - 15,754 - - - 25,949 - - - 25,949 42,419 - 5,400 34 660 20,000 20 - - 68,533 - - - 68,533 ( 42,584) 42,238 7,812 7,466 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ 9,426 769 - - 15,754 - - - 25,949 208,589 - 208,589.00 234,538 42,419 2,212 5,400 34 660 20,000 20 - - 70,745 147,449 - 147,449 218,194 16,344 |
||
| Income from Securities | 9,426 | - - - - - - - - - |
9,426 | |||
| Trustee Deposit Interest | 769 | 769 | ||||
| Additions | - | - | ||||
| Gift Aid | - | - | ||||
| Loan repayment | 15,754 | 15,754 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
25,949 | 25,949 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| Proceeds from sale of investments | - | 208,589 - 208,589 |
208,589 | |||
| - | - | |||||
| Sub total | - | 208,589.00 | ||||
| Total receipts A3 Payments |
||||||
| 208,589 | 234,538 | |||||
| Charitable Payments | 42,419 | - 2,212 - - - - - - - 2,212 |
42,419 | |||
| Investment Mgmt | - | 2,212 | ||||
| TLT Admin Fee | 5,400 | 5,400 | ||||
| Revival Design (Bikkja website maintenance) |
34 | 34 | ||||
| Independent Examiner's Fees | 660 | 660 | ||||
| Temporary Loan to Pregnancy Sickness Support |
20,000 | 20,000 | ||||
| Bank Charges | 20 | 20 | ||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | 68,533 | 70,745 | ||||
| 147,449 - 147,449 |
||||||
| A4 Asset and investment purchases, (see table) |
||||||
| Purchases of investments | - | 147,449 | ||||
| - | - | |||||
| Sub total Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
- | 147,449 | ||||
| 149,661 | 218,194 | |||||
| ( 42,584) | - | 58,928 | 16,344 | 3,058 | ||
| 42,238 | - | - 42,238 45,528 |
- | - | ||
| 7,812 | - | 53,340 | 50,282 | |||
| 7,466 | - | 62,218 | 69,684 | 53,340 |
CCXX R5 accounts (SS)
5
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 B5 Liabilities B3 Investment assets B4 Assets retained for the charity’s own use |
Signature Total Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Cash Capital Cash Income Reserve Cash Capital Details Details Equities Bonds Investment Management Fees TLT Fees Independent Examination Fee |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - 7,466 - - - 7,466 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Endowments - Endowments - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) unrestricted 3,640 unrestricted 960 endowment 1,156 - - Print Name Deborah Gale On behalf of TLT Trustees Ltd |
Endowment funds to nearest £ 62,218 - - 62,218 OK Endowment funds to nearest £ - - - - - - Current value (optional) 292,995 101,192 - - 394,187 Current value (optional) - - - - - - - - - When due (optional) Date of approval 06 March 2024 |
|---|---|---|---|
| Date of approval |
|||
| Deborah Gale | 06 March 20 | ||
| On behalf of TLT Trustees Ltd |
CCXX R6 accounts (SS)
6
Independent Examiner's Report to the Trustees of The Bikkja Trust
I report to the charity trustees on my examination of the accounts of the charity for the year ended 2 July 2023 as set out on pages 5 to 6.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
07 March 2024 Geoffrey Frost BSc(Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
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