## **Trustees' Annual Report for the period** ||Period start date|Period start date|||Period end date|Period end date|| |---|---|---|---|---|---|---|---| ||01|01|2021||31|12|2021| |**From**||||**To**|||| ## Section A Reference and administration details **Charity name** Navigator Trust CIO **Other names charity is known by Registered charity number (if any)** 1185781 **Charity's principal address** Four Acres Crondall **Postcode GU10 5QU** **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Richard Sharpe|Trustee||| ||Patricia Sharpe|Trustee||| ||Andrew
McKechanie|Trustee||| ||Eilis McKechanie|Trustee||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **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** 1 ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** ## **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 (eg. trust deed, constitution) How the charity is constituted Constitution CIO - (eg. trust, association, company) Trustee selection methods Appointed by Trustees - (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** TO ADVANCE SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT, PRIMARILY BUT NOT EXCLUSIVELY IN THE UK AS ARE **Summary of the objects of the** EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF **charity set out in its** ENGLAND AND WALES BY THE PROVISION OF GRANTS, LOANS **governing document** AND GIFTS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE. March **2012** **TAR** 2 The Charity has made loans and donations to recognised and registered charities in the UK. The Trustees have understood the guidance issued by the Charity Commission in regard to public benefit and believe that all activity of the Charity adheres to that guidance. **Summary of the main activities undertaken for the 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)** This year was a year of consolidation for the CIO. The Family donated a further £10,000. You **may choose** to include further statements, where relevant, about: The Trust made donations of £600 to £100 to Kids in Need a small Farnborough Charity that provides essentials to family with Children. The Trust also made a donation of £500 to Frensham Sailability Welcome (sailfrensham.org.uk) The Trust also purchased a residential property to let out at an affordable rent. The property has been let to a single Mum on benefits. - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. The Trustees have identified that with the increase in assets and income that we will be able to start increasing the annual disbursements to utilise income from investments whilst retaining sufficient to grow the investment portfolio in line with inflation. March **2012** **TAR** 3 Section D Achievements and performance **Summary of the main achievements of the charity during the year** March **2012** **TAR** 4 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** The CIO maintains investments in excess of 100,000. It is the current policy to maintain a minimum of this level in reserves. **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - 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)** Patricia Mary Sharpe **Full name(s)** Richard Ian Sharpe **Position (eg Secretary, Chair,** Trustee Trustee **etc) Date** 27 March 2022 March **2012** **TAR** 5 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Navigator Trust CIO On accounts for tho year ended 3111212021 Charity no {if any) 1185781 Set out on pages 1&2 I report to the Iruslees on my examination of the accounts of the above charity I'the Trust.) for the year ended 3111212021. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 1.the Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examinalion which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examlnerfs statement I have no concems and have come across no other matters in connection with the examination to which attenlion should be drawn in order to enable proper understanding of the accounts to be reached. Slgned: Dats: 3110312022 Name: Frances Wlde Relevant professional qualificationlsl or body lif any): Address: 4 Marigold Drive Bisley, Woking GU24 9SF Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018 ||**Navigator Trust CIO**|**Navigator Trust CIO**|**Navigator Trust CIO**|**Navigator Trust CIO**|**CC16a**| |---|---|---|---|---|---| ||**For the period**
**from**|01/01/2021|**To**||| ||||||| |**Section A Receipts and payments**|||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**11,506**
**-**
**2,516**
**402**
**1,600**
**-**
**-**
**-**
**16,023**
**2,000**
**300,000**
**302,000**
**318,023**
**600**
**660**
**1,042**
**35**
**-**
**-**
**-**
**-**
**-**
**2,337**
**-**
**300,000**
**300,000**
**302,337**
**15,686**
**-**
**28,425**
**44,111**|**Restricted**
**funds**
**to the nearest £**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**| |Donations|**11,506**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**11,506**
**-**
**2,516**
**402**
**1,600**
**-**
**-**
**-**
**16,023**|**50,100**| |CAF Navigator Trust|**-**||||**11,147**| |Gift Aid|**2,516**||||**12,512**| |Interest|**402**||||**166**| |Rent|**1,600**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**16,023**||||**73,925**| ||||||| |**A2 Asset and investment sales,**
**(see table).**|||||| |Loan repayment Crondall Village Hall|**2,000**|**-**
**-**
**-**|**-**
**-**
**-**|**2,000**
**300,000**
**302,000**|**2,000**| |Sharpe Loan for 75 St Peters Gardens|**300,000**||||**-**| |**_Sub total_**|**302,000**||||**2,000**| |**_Total receipts_**
**A3 Payments**|||||| |||**-**|**-**|**318,023**|**75,925**| ||||||| |Donations made|**600**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**600**
**660**
**1,042**
**35**
**-**
**-**
**-**
**-**
**-**
**2,337**|**2,500**| |Accountancy|**660**||||**-**| |Legal fees|**1,042**||||**-**| |Bank charges|**35**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_ **|**2,337**||||**2,500**| |||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**300,000**
**300,000**
**302,337**|| |**A4 Asset and investment**
**purchases, (see table)**|||||| |Loan to Crondall Village Hall|**-**||||**45,000**| |75 St Peters Gardens|**300,000**||||| |**_Sub total_ **|**300,000**||||**45,000**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||| |||**-**|**-**||**47,500**| ||||||| ||**15,686**|**-**|
**-**|**15,686**|**28,425**| ||**-**|**-**
**-**|**-**
**-**|**-**
**28,425**|**-**| ||**28,425**||||**-**| ||**44,111**|**-**|
**-**|**44,111**|**28,425**| CCXX R1 accounts (SS) 31/03/2022 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
St James' Place Investment
**Details**
75 St Peters Gardens (purchased 2021)
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Loan to Crondall Village Hall
**Details**
Lloyds Current Account
Saffron Bank
Lloyds Deposit Account
Monmouth Building Society
Redwood Bank|**Unrestricted**
**funds**
**to nearest £**
**50**
**23,250**
**20,800**
**-**
**11**
**44,111**
OK
**Unrestricted**
**funds**
**to nearest £**
**41,000**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**100,500**
**-**
**-**
**-**
**-**
**Cost (optional)**
**300,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---| |||||**-**| |||||| |||||| |||||**-**| |||||**-**| |||||**-**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**143,235**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| ||75 St Peters Gardens (purchased 2021)||**300,000**|**300,000**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ## **B5 Liabilities** **Fund to which Amount due When due Details liability relates (optional) (optional)** Sharpe Loan for St Peters **300,000 - - - -** Signed by one or two trustees on behalf of all the trustees Signature Print Name Richard Sharpe Date of approval 28-Mar-22 CCXX R2 accounts (SS) 31/03/2022 2