2024-09-03-accounts

	The Gninwod Trust	The Gninwod Trust	The Gninwod Trust	1186982	1186982	1186982	CC16a
	For the period from	Period start date 04.09.2023	To		Period end date 03.09.2024
Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ - 36,853 - - - - - - 36,853 - - - 36,853 5,000 - 7,600 1,627 - - - - - 14,227 - - - 14,227 22,626 7,600 8,736 38,962	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 7,600 887,137 879,537		Total funds to the nearest £ - 36,853 - - - - - - 36,853 - - - 36,853 5,000 - 7,600 1,627 - - - - - 14,227 - - - 14,227 22,626		Last year to the nearest £
Income from investments	-						-
Income from interest	36,853						8,978
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Sub total(Gross income for AR)	36,853						8,978
A2 Asset and investment sales, (see table).
Sale of investments	-						-
	-						-
Sub total	-						-
Total receipts A3 Payments
							8,978
Charitable Payments	5,000						15,000
Investment Management fees(incl VAT)	-						-
Trust Administration fees(incl VAT)	7,600						7,550
Cash management fee	1,627						798
Independent examination	-						780
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**Sub total **	14,227						24,128
A4 Asset and investment purchases, (see table)
Investmentpurchases	-						-
	-
**Sub total **	-						-
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
							24,128
	22,626	-	-		22,626		- 15,150
	7,600	-	- 7,600		-		-
	8,736	-	887,137		895,873		911,023
	38,962	-	879,537		918,499		895,873

CCXX R1 accounts (SS)

09/06/2025

1

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	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 Investment portfolio Details Total cash funds (agree balances with receipts and payments account(s)) Capital cash Income cash Details Details Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 38,962 - - - 38,962 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Endowment - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Stuart Robinson on behalf of Ludlow Trust CompanyLimited	Endowment funds to nearest £
			897,537
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			897,537
			Agreement Error
			Endowment funds to nearest £
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			Current value (optional)
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			Current value (optional)
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			When due (optional)
			Date of approval
		Stuart Robinson on behalf of Ludlow Trust CompanyLimited

CCXX R2 accounts (SS)

09/06/2025

2

Trustees’ Annual Report for the period

From 04 September 2023 To 03 September 2024

Charity name: The Gninwod Trust Charity registration number: 1186982

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 charity are to hold the capital and income for charitable purposes and to apply the income, and all or such parts of the capital, at such time or times and in such manner to or for the benefit of such charities or exclusively charitable purposes according to the laws of England and Wales in any part of the world as the Trustees may in their discretion think fit.
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	In furtherance of the charity’s objects for the public benefit the trustees provide grants in accordance with the letter of wishes.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	In determining the charity’s activities the trustees have had regard to the Charity Commission’s guidance on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38
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 under review the charity made a grant payment of £5,000 to The Bookmark Reading Charity.

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

Review of the charity’s financial position at the end of the period	Para 1.21	At the end of the reporting period the charity had free reserves of £38,902 (2023: £8,736). In addition to the free reserves the charity has bank balances of £879,537 (2023: £887,137) within the expendable endowment fund.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.
Amount of reserves held	Para 1.22
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		Expendable endowment funds are those which are required to be invested to produce income but which may be transferred to unrestricted funds at the discretion of the trustees in order that they may be expended in furtherance of the charity’s objectives. Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust Deed date 03 September 2019
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust deed
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	Trustees are appointed by the settlors or the survivor of them during their lifetime and by the trustees from time to time.

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	No trustee received any remuneration nor reimbursed any expenses in the year under review. During the year Ludlow Trust Company were paid fees for trust administration services of £7,600. These fees are authorised under clause 6.2 of the trust deed.
Other

Reference and Administrative details

Charity name	The Gninwod Trust
Other name the charity uses
Registered charity number	1186982
Charity’s principal address	Trustees Department 1stFloor, Tower Wharf Cheese Lane, Bristol BS2 0JJ

Names of the charity trustees who manage the charity

1 2 3 4 5 6	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Simon Richard Downing	Settlor
	Anne Williams	Settlor
	Ludlow Trust CompanyLimited

7 8 9 10 11 12 13 14 15 16 17 18 19 20

– 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)

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 Managers
Bankers	Coutts & Co	440 The Strand, London, WC2R 0QS
Accountants	KJF Accounting Limited	17 Sheringham Avenue, Southgate, London, N14 4UB

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) Stuart Robinson on behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date

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 The Gninwod Trust On accounts for the year ended 3Td September 2024 Charity no lif any) 1186982 Set out on pages 1 to2 I report to the trustees on my examination ofthe accounts of the above charity I'the Trust") for the year ended 3rd September 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 1 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 145151{bl of the Act. I have comp18ted my examination. I confimi that no material matters have come lo my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records w8re not kept in ar£ordance with section 130 of the Act or thé accounts do not accord with the accounting records Independent examiner's statement I have no concems and have corne across no other matters in connection with th8 examination to which attention should be drawn in order to enable proper understanding of thé accounts to be reached. Signed: Date: Name: Mr Keith Felton Relevant professional qualification{sl or body lif any); ACCA Address: KJF Accounting Lld, 17 Sheringham Avenue. Southgate, London N14 4UB Section B Disclosure Only complete if the examiner needs lo highlight matters of con￿rn (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018

Give here brief details of any items that the examiner wishes to disclose. IER Oct¢)ber 2018

2025-06-10Gninwod-Accounts

Final Audit Report

2025-06-10

Created: 2025-06-10 By: Estera Rzepus ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAKSTbMvcn5An2FTdLKFWbdaHxsbvSx_33

"2025-06-10Gninwod-Accounts" History

Document created by Estera Rzepus ([e-mail])

2025-06-10 - 10:21:06 AM GMT

Document emailed to Stuart Robinson ([e-mail]) for signature 2025-06-10 - 10:21:10 AM GMT

Email viewed by Stuart Robinson ([e-mail]) 2025-06-10 - 1:03:47 PM GMT

Document e-signed by Stuart Robinson ([e-mail]) Signature Date: 2025-06-10 - 1:04:18 PM GMT - Time Source: server

Agreement completed.

2025-06-10 - 1:04:18 PM GMT