|**Hargreaves Charitable Trust**||**1188261**|||
|---|---|---|---|---|
|**Receipts andpayments accounts**||||**CC16a**|
|25/02/2024
Period start date
**For the period**
**from**|**To**|24/02/2025
Period end date|||
|**Section A Receipts and payments**|**Section A Receipts and payments**|||||
|---|---|---|---|---|---|
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**20,420**
**-**
**-**
**-**
**-**
**20,420**
**-**
**-**
**-**
**20,420**
**60,000**
**3,846**
**824**
**-**
**-**
**-**
**64,670**
**-**
**-**
**64,670**
**- 44,250**
**53,846**
**13,430**
**23,026**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**- 53,846**
**482,875**
**429,028**|**Total funds**
**to the nearest £**
**20,420**
**-**
**-**
**-**
**-**
**20,420**
**-**
**-**
**-**
**20,420**
**60,000**
**3,846**
**824**
**-**
**-**
**-**
**64,670**
**-**
**-**
**-**
**64,670**
**- 44,250**
**-**
**496,305**
**452,055**|**Last year**
**to the nearest £**|
|Income from Interest|**20,420**||||**13,594**|
||**-**||||**-**|
||**-**||||**-**|
||**-**||||**-**|
||**-**||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**20,420**||||**13,594**|
|||||||
|**A2 Asset and investment sales,**
**(see table).**||||||
|Sale of investments|**-**|||||
||**-**||||**-**|
|**_Sub total_**|**-**||||**-**|
|**_Total receipts_**
**A3 Payments**||||||
||||||**13,594**|
|||||||
|Charitable Payments|**60,000**||||**-**|
|Trust management fees|**3,846**||||**4,104**|
|Cash management charges|**824**||||**881**|
||**-**|||||
||**-**|||||
||**-**||||**-**|
|**_Sub total_ **|**64,670**||||**4,985**|
|||||||
|**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_**||||||
||||||**4,985**|
|||||||
||**- 44,250**|**-**|**-**|**- 44,250**|**8,609**|
||**53,846**||**- 53,846**|**-**|**-**|
||**13,430**||**482,875**|**496,305**|**487,695**|
||**23,026**|**-**|**429,028**|**452,055**|**496,304**|
CCXX R1 accounts (SS)
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
**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**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Capital account
Income account
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**23,026**
**-**
**-**
**-**
**23,026**
**-**
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
Connor Bunney, on behalf of Ludlow
Trust CompanyLtd|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|
||||**429,028**|
||||**-**|
||||**-**|
||||**429,028**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||Connor Bunney, on behalf of Ludlow
Trust CompanyLtd|17/12/2025|
|||||
CCXX R2 accounts (SS)
2
## **Trustees’ Annual Report for the period**
## **From 25 February 2024 To 24 February 2025**
## **Charity name: The Hargreaves Charitable Trust Charity registration number: 1188261**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The Trustees shall hold the capital and
income of the Trust Fund upon trust to 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 according to the laws of England
and Wales in any part of the world (Objects)
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.|
|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:
||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**
**----- Start of picture text -----**
SORP reference
During the year the charity made total grants
of £60,000 to the following charities:
Summary of the main
-
achievements of the charity, Empower Youth Zone
identifying the difference the - Altrincham FC
charity’s work has made to
the circumstances of its
beneficiaries and any wider Para 1.20
benefits to society as a
whole.
**----- End of picture text -----**
**Additional information (optional)** You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Achievements against
objectives set Para 1.41
Performance of fundraising
activities against objectives Para 1.41
set
Investment performance
against objectives Para 1.41
Other
**----- End of picture text -----**
## **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 £23,026. (2024:
£13,430).
In addition to the free reserves the charity
has bank balances of £429,028 (2024:
£482,875) and no investments.|
|---|---|---|
|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 Expendable endowment funds are those which are required to be invested to produce Other 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|
Para 1.25|Trust deed 25/02/2020|
|How is the charity
constituted?|Para 1.25|Trust|
|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 existing
trustees.|
## **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 or
was reimbursed any expenses in the year
under review.
Ludlow Trust Company Limited was paid
£4,670.39 for trust administration and cash
management services during the year under
review. These fees are authorised under
clause 3.16 of the trust deed.|
|Other|||
## **Reference and Administrative details**
|Charity name|The Hargreaves Charitable Trust|
|---|---|
|Other name the charity uses||
|Registered charity number|1188261|
|Charity’s principal address|Ludlow Trust Co Ltd
Tower Wharf
Cheese Lane
BRISTOL
BS2 0JJ|
|||
## **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|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**|
|---|---|---|---|---|
||Ludlow Trust
CompanyLtd||||
||KayHargreaves||||
||Robert Julian
Hargreaves||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
20
– Corporate trustees names of the directors at the date the report was approved
|**Director name**|||
|---|---|---|
|Gary St John Collins|John Stephen Dennis
(resigned 25/10/24)||
|Walter Duncan Coxon|||
|Ali Reza Sarikhani|||
|Ziba Christina Sakine
Sarikhani|||
|Christopher Ian Thurlow|||
|Matthew John Wickers|||
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 adviser**|**Name**
**Address**|**Name**
**Address**|
|---|---|---|
|**Investment Managers**|||
|**Bankers**|||
|**Accountants**|Charter Tax Consulting
Limited|8th Floor, Southampton Street, WC2R
0LR|
||||
**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)** Connor Bunney, on behalf of Ludlow Trust Company Ltd **Position (eg Secretary, Chair, etc) Date** 17/12/2025
## 2025-12-17HargreavesCT-ReceiptsAndPaymen ts
Final Audit Report
2025-12-17
Created: 2025-12-17 By: Marta Kurpickaja (marta.kurpickaja@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAe5vT11idEZ8gHqJznfmsREjextabAjHF
## "2025-12-17HargreavesCT-ReceiptsAndPayments" History
Document created by Marta Kurpickaja (marta.kurpickaja@ludlowtrust.com)
2025-12-17 - 12:49:53 PM GMT
Document emailed to Connor Bunney (connor.bunney@ludlowtrust.com) for signature
2025-12-17 - 12:49:58 PM GMT
Email viewed by Connor Bunney (connor.bunney@ludlowtrust.com) 2025-12-17 - 3:39:30 PM GMT
Document e-signed by Connor Bunney (connor.bunney@ludlowtrust.com)
Signature Date: 2025-12-17 - 3:40:22 PM GMT - Time Source: server
Agreement completed.
2025-12-17 - 3:40:22 PM GMT
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name **members of** Hargreaves Charitable Trust **On accounts for the year** 24 February 2025 **Charity no** 1188261 **ended (if any) Set out on pages** Financial statements page 1-2 Trustee report page 3-12 (remember to include the page numbers of additional sheets)
- I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 24/02/2025.
- **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** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination 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
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.
* _Please delete the words in the brackets if they do not apply._
**Date:** 17/12/2025
**Signed: Name:** Ian Rodd **Relevant professional** BSc FCA FCCA **qualification(s) or body (if any): Address:** TC Group 10 Bridge Street, Christchurch Dorset BH23 1EF
**October 2018**
1
**IER**
**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** .
**October 2018**
2
**IER**