Trustees. Annual Report for the period Peric¥J start dale 01 PerÈ(Kl er¥J date 12 2024 From 2024 To Section A Reference and administration details Charity name Navigor Trust cio Other names charlty Is known by Registered charity number (rf any) 1185781 Charlty's principal address Four Acres Crondall Postcode GU10 5GU Names of the charlty trustees who manage Charity Dales ackd rfnot forTho Trustee ftamè Office frfany) NamÈ gf ppr50n lor body) ened olrst trustee an Richard Sharpe Patricia ShaTpe Andrew McKechanTre Trustee Trustee Trustee Ellis McKechanie Trustee 10 11 12 13 14 15 16 17 18 Names of the trustees for the charity, rf any. (for example. any custodlan trustees) Name Dates acted rf nol forwhole
Names and addresses of adviser5 Ioptional InfOrnlOnj e of adviser Name Address Name of chief executtve or names of senlor staff members (Optional information) Section B Structure, overnance and mana ement Descriptlon of the charivs trusts ConstrtutNin Type of governing document How the chanty is conststuted cio Trustee selection methods Appointed by Trustees Additional governan¢e issues (Optional inforn?ation) You may choose to include additional informatton. where relevant, about.. policies and procedures adopted for the induth.on and training of trustees- the charty's organisational structure and any wider network wtth which the charity works.. relationship with any remed parties., trustees. consideratron of major nsks and the system and prCedureS lo manage them. Section C Ob"ectives and activities TO ADVANCE SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT, PRIMARILY BUT NOT EXCLUSIVELY IN THE UK AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND WALES BY THE PROVISION OF GRANTS, LOANS AND GIFTS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE. Summary ofthe objects of the charity set out in its governing document
The Charity has made loans and donations to recognised and registered charTiie5 in the UK. The Trustees have understood the gjjidance issued by the Chartty Commission in regard to public benefit and believe that all aciivty of the Charity adheres to that guidance. Summary ofthe main activities undertaken for the public benefit in latiOn 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 activitbes (Optional infornmtionl You may choose to indude further statement5, where relevant, about: pollcy on grantmaking., policy programme related investment" contribution made by volunteers.
Section D Achievements and performance In 2024 Navtgator Trust made donations of £13550 in the yearto 18 charities. Summary ofthe main achievements of the ¢harty during the year Donations to Nawgator Ttust of 20.000 were made by Trish and RFchard Sharpe. Gift Aid of £5016 was reckgimed from HMRC. A fijrther purchase of a propety was made to let at Lelow markel rent lo a famity in need. This was financed by a further loan from Trtsh and Richard. Navigator continues to build assets with a wew to increasing donations made during the year. Surplus from the rent received on property is adding to the amounts distnbutable in charitable donations. Navigator supported 3 wider family members to raise funds for their chosen charity by way of matched fvnding or fixed don*ions. One particuEar younger member of the family went above and beyond in physical effort to raise funds for his favourkte animal. the Panda. and support the work of the WWF.
Section E Financial review The CIO maintains investments in excess of 100,OCM). It is the current policy to maintain a minynum of this level in reseNes. Brief Statement of the charity's policy on reserves Details of any funds materfally In deficit Furtherfinantial review detalls (Optional lrrfornIIonj You may choose to include additional information, where relevant about.. the chanty's prinupal sources of funds (including any fundraising)., how expenditure has supported the key objectives ofthe charty., 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 Ihe charity's trustees SignalU(S) Full nameis) Position le.g. Secretary. Chair, etc.) Richard lan Sharpe Trustee Patricia Mary Sha Trustee
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of Navigator Trust CIO On accounts for the year 31[st] December 2024 Charity no 1185781 ended (if any) Set out on pages 1-2 below
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2024 .
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 (“the Act”).
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 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 which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
| Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
Date: | 5 February 2025 |
|---|---|---|
| FJ Wilde | ||
| FCCA DChA | ||
| 4 Marigold Drive | ||
| Bisley | ||
| Surrey | ||
| 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).
Give here brief details of any items that the examiner wishes to disclose .
CHARIIY COMMISSIOPI FOR ENGLANO AND WAES awatorT¥usl C 1185781 Recei and ments accounts CC16a ForthÈ pwiod 01ffjl124 37J12r2W24 Section A Receipts and payments Unfestricted funds toththy•st ¥ trthenegt•stÉ Restficted funds EndowrrEnt funds Total funds Last yeaf e5t£ *)thÈMatsstE t•thEn$t£ A1 Rece Donations GrftAid Inlerest Rent tot AR) 411967 43.967 136N57 set an nvè Loan repa mentcyondall Vib Hal Sh3F Loan- 245 Noth Lane 3,000 tot 393,000 436.967 436.967 139A57 Pa Donatitins tf&4de Accountan Bank char House char 13,550 744 B7 3.775 3.096 11.970 726 744 87 3.175 3.096 712 Sub tot 20.6$2 20.652 13A92 A4 Asset and ÈnvÈstmÈnt urchases see table Loan re rnenl6 Purchasè- 245 NoTth Lane 390.000 350.000 Sub lotsl 100,000 Total payments 410.652 410.6E2 113,492 Netof r8celpi¥pyrnertts) A5 Transfers between fvnds A6 Cash lunds last yEar¢nd Cash fvnds this end 26.31 26,315 25.966 91.978 118.293 91,978 118293 6.Of2 91.978 Page I 2
Section B Statement of assets and liabilities at the end of the period Unrestricted nds Restricted lunds to rare5t£ Endowment funds B1 Cash fuThJs 1,601 Hatr¥35hitB Bank 105,6 11.1792 118.293 funds funds t0nèar5lz funds to Dearest£ Det3ils Loan * CroThYall Hau 32,IX Oetails Ca5tlrOThall 83 Investment assets 141.303 F1t0h ai 84Assets retained for the charitys own use 75 St Petefs Gafd8nS 300.000 245 North Lane 390.000 dve B5 Liabilities Sharp8 LAn. 75St Petets GR1d$ 132.66t ShaTpe Loan. 245 Noth Lanè $wd tyone orkn trLthosoTh bphaw ofall the tru5tses &gnature Prirrt Ne Date of roval 2ic SH 1£ P4è2of2