| ObjectivesandActiviti | es | |
|---|---|---|
| SORPreference | ||
| Summaryofthepurposesof | Para1.17 | To advance suchcharitablepurposes |
| thecharity as set out inits | (according tothelawofEngland and Wales) | |
| governingdocument | as the trustees see fit from time to timeand | |
| in particular by providing grants. | ||
| Summaryof the main activitiesin relation to those |
Para1.17 and 1.19 |
Thecharityhasfacedconsiderable challenges and delaysinestablishing itself |
| purposes forthepublic | throughoutthisperiod asaresult of both the | |
| benefit,in particular, the | global pandemic and theterminalillnessof | |
| activities,projects or seryices | Mr Roderick Segrave, one of the original two | |
| identifiedin the accounts. | charity trustees. | |
| Thepandemic ledtosevere administrative | ||
| delayswhichprevented the charity from | ||
| becoming established asquicklyashoped. | ||
| Further, Mr Segrave'sterminalillness made | ||
| itdifficult to comply with the formalities | ||
| requiredtoopen a CAF bank account for the | ||
| charity and consequentlytheaccount was | ||
| not established withirr thisreportirqperiod (it | ||
| now hasbeen). | ||
| Asa result of thedelaysinopening the CAF | ||
| bank accountthecharitywasunableto | ||
| make grants tofurtherits objects within the | ||
| reportingperiod.lnthecomingyear, | ||
| following the establishment ofthebank | ||
| account, thetrusteesintendtobegin making | ||
| grants whichwill undoubtedlyresultin | ||
| significantpublic benefit. | ||
| Statementconfirming | Para1.18 | The Trustees confirm that theyareawareof |
| whetherthetrusteeshave | theCharity Commissionguidanceon public | |
| hadregardto the guidance | benefit and referred to theguidancein | |
| issuedbytheCharity | planning for thefutureand setting thegrant | |
| Commissionon public | makingpolicy. | |
| benefit |
| Youm choosetoincludefu |
rtherstatemen SORPreference |
tswhererelevant about: |
|---|---|---|
| Whilst the charityhasbeen unabletomake | ||
| Para1.38 | any grants duringthisperiod forthereasons | |
| Policy on grant making | detailed above, itisthe Trustees hope that | |
| the charitywillbe abletobegin making | ||
| grantsinthecoming year. | ||
| The charitywillmakegrantsinaccordance | ||
| withits grant-making policywhichhasbeen | ||
| established to achieve the charity's objects | ||
| forthepublic benefit. | ||
| Crucially, any organisation or charity to | ||
| whichagrantistomadewillbe required to | ||
| show: | ||
| 1)A financial transparencyand | ||
| accountability; 2)Atrackrecord of charitable efforts; 3)Commitmenttoutilise agranttoits |
||
| fullestand inlinewithits charitable | ||
| purposes; | ||
| 4)Strong leadership and good | ||
| governance; and | ||
| 5)Effortstobenefit thegeneralpublic. | ||
| nla | ||
| Para1.38 | ||
| Policyonsocial investment | ||
| including programrelated | ||
| investment | ||
| nla | ||
| Para1.38 | ||
| Contribution made by | ||
| volunteers | ||
| nla | ||
| Other |
| Unfortunately, due totheunforeseen impact | ||
|---|---|---|
| ofthepandemic and theterminalillnessof | ||
| MrSegrave the charity remains in itsinitial | ||
| Summary ofthemain achievements ofthecharity, |
Pa'a1.20 | setup phase.Consequently,it istoo earlyto state the main achievements of the charityor |
| identifying the difference the | identifytheimpactofitsworkon either | |
| charity'sworkhas made to | beneficiariesorwider society. | |
| the circumstancesofits | ||
| beneficiaries and anywider | lnthenext year thecharityhopestobecome | |
| benefitstosociety asa | fully functional and begin making grants to | |
| whole. | organisation who advance a varietyof | |
| charitable causesincluding,but notlimited | ||
| to,protectionandpreservation of the | ||
| environment,therelief ofthosein need, | ||
| specifically children andtheblind,and | ||
| maintaining placesandbuildingsofhistorical | ||
| interestornatural beauty. | ||
| lntheupcoming yearthe charityhopesto | ||
| provide a benefittosociety asawhole viaits | ||
| support of a varietyof charitablecauses. ltis | ||
| intended that charitable organisations who | ||
| areoperating on limited budgets willbethe | ||
| primary beneficiaries of the grants to ensure | ||
| thatthebenefitenjoyedbythegeneral public | ||
| willbe maximised andthatcauses that might | ||
| othenryisereceive little support are ableto | ||
| continue and advance.Allgrantswillbe | ||
| made inlinewiththe charity'sgrant-making | ||
| policy. |
| Youma choosetoinclude fu |
rther stateme | ntswhererelevant about: |
|---|---|---|
| N/A | ||
| Achievements against | Para1.41 | |
| objectivesset | ||
| Atthestartoftheperiodthetrustees | ||
| expected that fundswouldbeprovidedto the | ||
| Performance of fundraising | charitybyasignificant donor,thelateMr | |
| activities against objectives | Para1.41 | Segrave. |
| set | Thedonor fulfilled thisexpectation,donating | |
| f75,000to the charity. | ||
| No other fundraising activitieswereintended | ||
| orundertaken duringthisperiod. | ||
| The charity'scurrentfunds areheldin an | ||
| lnvesteclnvestmentPortfolio.Duringthis | ||
| Investment performance | Para1.41 | periodtheinvestmentportfolioproduced |
| againstobjectives | income totallingt369.This isinlinewith the | |
| charity'sinvestmentgoalsthat weresetfor | ||
| theperiod. | ||
| Other |
| FinancialReview | ||
|---|---|---|
| Review ofthecharity's | Para1.21 | Theconsolidatedincomeofthe charityin |
| financial position at theend | this period amounted tot75,406. | |
| oftheperiod | The expenditure of the charity during this | |
| period amounted tof1,206. | ||
| Thecharity'sprincipal sourceofincome | ||
| duringtheperiod isinthe form of a large | ||
| donationprovidedbya significant donor. | ||
| The donation totalledf75,000.f369is | ||
| investment income following thef75,000 | ||
| having been invested with an accredited | ||
| investment manager.Thisincome is inline | ||
| with thetrustees'expectations for this | ||
| period. | ||
| At the end oftheperiod a sum oft2,402is | ||
| held as cashfundsin lnvestec capital | ||
| account.Therest of the charity'sasset | ||
| portfolioismade up oftheinvestments. The | ||
| total market value ofthe lnvesteclnvestment | ||
| Portfolio attheendoftheperiod was | ||
| f77,572. | ||
| Statement explaining the | Para1.22 | N/A |
| policyforholding reserves | ||
| statinq why theyareheld | ||
| Amountofreservesheld | Para1.22 | t0 |
| Reasonsforholding zero | Para1.22 | Whilstthecharitydoesnot hold significant |
| reserves | cash reserves,itdoes holdaninvestment | |
| portfoliovaluedatt75,170netofcash. | ||
| Theseassets are,ifrequired atshortnotice | ||
| andinan emergency, abletobe soldand | ||
| cash proceeds generatedtomeet | ||
| unexpectedcharityliabilities. | ||
| Howeverthetrusteesfullyintendto carefully | ||
| moniiorihecosts of the charityanciseek to | ||
| avoid such a situation arising. | ||
| Details offundmateriallyin | Para1.24 | N/A |
| deficit | ||
| Explanation of any | Para1.23 | Thereis no uncertainty aboutthecharity |
| uncertainties about the | continuing asagoingconcern. | |
| charity continuing as a going | ||
| concern |
| lnvestment policy and objectives includingany |
Pa']a 1.46 |
|---|---|
| social investment policy | |
| adopted | |
| Adescription oftheprincipal | Para1.46 |
| risks facingthecharity | |
| Other |
| Structure, Governance | andMan | agement |
|---|---|---|
| Description of charity's | ||
| trusts: | ||
| Type of governing document | Para 1.25 | CIOFoundation Constitution |
| (trust deed, royal charter) | ||
| Howisthe charity | Para1.25 | cro |
| constituted? | ||
| (e.g unincorporated | ||
| association,CIO) | ||
| Trustee selection methods | Para 1.25 | UnderClause10of the charity's Constitution |
| including details of any | everytrustee,apart from thefirstcharity | |
| constitutional provisionse.g | trustees,must be appointedbyaresolution | |
| election to post or nameof | passed at a properly convened meetingof | |
| any person or body entitled | the charity trustees. | |
| to appoint oneormore | ||
| trustees |
Youm choosetoincludefur |
therstateme |
ntswhererelevant about: |
|---|---|---|
| UnderClause11of thecharity'sConstitution | ||
| the trusteeswillmake availableto anynew | ||
| Policies and procedures | trustee, onorbeforehisfirstappointment,a | |
| adopted fortheinductionand | Para1.51 | copy of the current version of the charity's |
| trainingoftrustees | Constitution and a copy ofthe CIO'slatest | |
| Trustees'AnnualReport and statementof | ||
| accounts. | ||
| Thecharityhad two trustees throughout this | ||
| period, namely Matthew BilesandRoderick | ||
| The charity's organisational structure and anywider |
Para1.51 | AlanNeil Segrave. Whilst the trustees intendedtoappointathirdtrusteein line with |
| network withwhichthe | the guidance fromtheCharity Commission, | |
| charity works | MrSegrave'srapidlydeterioratinghealth | |
| meant thisdidnot transpire. | ||
| N/A | ||
| Relationship withanyrelated | Para1.51 | |
| parties | ||
| Other |
| Reference andAdmini | strativedetails |
|---|---|
| Charitv name | TheRoddy SeqraveCharitableFoundation |
| Other name thecharityuses | |
| Registered charity number | 1188403 |
| Charity's principal address | lnce Gordon Dadds LLP |
| Leconfield House | |
| Curzon Street | |
| LondonW1J sJA |
| ame | s ofthe charity trust | eeswhomanage | thecharity | |||
|---|---|---|---|---|---|---|
| Trusteename | Office (ifany) | Datesacted if notforwhole year |
Nameofperson to nttrustee |
entitled | ||
| MatthewDavid | Trustee | |||||
| 1 | Biles | |||||
| 2 | RoderickAlanNeil Segrave |
Trustee | ||||
| 3 | ||||||
| 4 | ||||||
| 5 | ||||||
| 6 | ||||||
| 7 | ||||||
| 8 | ||||||
| 9 | ||||||
| 10 | ||||||
| 11 | ||||||
| 12 | ||||||
| 13 | ||||||
| 14 | ||||||
| 15 | ||||||
| 16 | ||||||
| 17 | ||||||
| 18 | ||||||
| 19 | ||||||
| 20 |
| Names andad | dresses of advise | rs(Optionalinformation) |
|---|---|---|
| Typeof | Name | Address |
| adviser | ||
| Legal | lnceGordon | Leconfield House, Curzon Street, LondonW1JsJA. |
| Representative | Dadds LLP | |
| Nameof chief | executiveornamesof seniorstaffmembers (Optionalinformation) |
| A3 | |||
|---|---|---|---|
| lnvestmenttsrokersFees | 1,098 | 1,098 | |
| LEICharge | 90 | ||
| vAIonLEICharge | 18 | 't8 | |
| -' | |||
| Subtotal | 1,206 | 1,206 | |
| A4Asset and investment | |||
| ourchases,(seetablel | |||
| 71,798 | 71,798 | ||
| Subtotal | 71,798 | 71,798 | |
| Total payments | 7J,0U4 | 73,OO4 | |
| Netofreceipts/(paymenb) | 2,4u2 | 2,492 | |
| A5Transfersbetweenfunds | |||
| AGGashfundslast year end | |||
| Cashfundsthisyearend | 2,492 | 2,4O2 |
| Unrestricted | Restricted | Endowment | ||
|---|---|---|---|---|
| Categories | Details | funds | funds | funds |
| tonearest f. | tonearest e | tonearest € | ||
| BlGashfunds | Balanceonlnvestec Capital Account | 2,402 | ||
| Totalcashfunds | 2,402 | |||
| (agreebalanceswithreceipts and payments | ||||
| account(s)) | ||||
| Unrestricted | Restricted | Endowment | ||
| funds | funds | funds | ||
| Details | tonearest € | tonearestE | tonearestf, | |
| 82 Other monetary assets | ||||
| Details | Fund towhich | Cost (optional) | Current value | |
| 83lnvestment assets | lnvestec lnvestment Porttolro Valuatr0n | unresfilcted | 77,s72 | |
| Details | Fund towhich | Cost (optional) | Current value | |
| 84 Assetsretainedforthe | ||||
| charity'sownuse | ||||
| Fund towhich | Amount due | When due | ||
| Details | ||||
| 85 Liabilities | ||||
| Signedbyoneor twotrusteeson behalf ofall thetrustees |
Signature | MatthewBiles Print Name |
Dateof t/z/tz |
Independent examiner’s report to the trustees of The Roddy Segrave Charitable Trust for the period 6 March 2020 to 5 April 2021
I report to the trustees on my examination of the accounts of The Roddy Segrave Charitable Trust (the charity) for the period ended 5 April 2021.
Responsibilities and basis of report
As the trustees of the charity, 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 2011 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 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
-
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.
Signed Date 01/02/2022
John O’Brien MSc, FAIA, FCCA, FCIE
Employee of: Community Accounting Plus Units 1 and 2 North West 41 Talbot Street Nottingham NG2 7AG