2024-03-28-accounts

The Mumford Memorial Trust		1188517
Receipts andpayments accounts				CC16a
29.03.2023 Period start date For the period from	To	28.03.2024 Period end date

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 47,069 2,432 - - - - - - 49,501 - - - 49,501 50,024 153 - - - - 50,177 - - - 50,177 - 676 13,291 12,615	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ 883 - - - - - - 883 1,364,815 - 1,364,815 1,365,698 114,600 8,343 12,563 780 - - - - 136,286 1,200,986 1,200,986 1,337,272 28,425 89,199 117,624	Total funds to the nearest £ 47,069 3,315 - - - - - - 50,384 1,364,815 - 1,364,815 1,415,199 164,624 8,343 12,563 780 153 - - - - 186,463 1,200,986 - 1,200,986 1,387,449 27,749 - 102,490 130,239	Last year to the nearest £
Income from investments	47,069				33,376
Interest received	2,432				821
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
Sub total(Gross income for AR)	49,501				34,197
A2 Asset and investment sales, (see table).
Sale of investments	-				1,169,961
	-				-
Sub total	-				1,169,961
Total receipts A3 Payments
					1,204,158
Grants awarded	50,024				191,720
Investment manager fees (Including VAT)					8,727
Trust Administration fees (including VAT)					14,640
Independent Examiners fees					780
Cash management fee	153
	-				-
	-				-
	-				-
	-				-
**Sub total **	50,177				215,867
A4 Asset and investment purchases, (see table)
Investmentpurchases	-				1,168,221
	-
**Sub total **	-				1,168,221
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
					1,384,088
	- 676	-	28,425	27,749	- 179,930
				-	-
	13,291		89,199	102,490	282,420
	12,615	-	117,624	130,239	102,490

CCXX R1 accounts (SS)

17/09/2024

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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Details Details Capital account Income account Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Investment portfolio	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 12,615 - - - 12,615 - 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 Joanne Spiceley on behalf of Ludlow Trust CompanyLimited	Endowment funds to nearest £
			117,624
			-
			-
			117,624
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			1,778,031
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
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			When due (optional)
			Date of approval
		Joanne Spiceley on behalf of Ludlow Trust CompanyLimited

CCXX R2 accounts (SS)

17/09/2024

2

Trustees’ Annual Report for the period

From 29 March 2023 To 28 March 2024

Charity name: The Mumford Memorial Trust Charity registration number: 1188517

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 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 law of England and Wales in any part of the world as the trustees may in their absolute 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

	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 grants to twenty two charities totalling £164,624.

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

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 £12,615 (2023: £13,291). In addition to the free reserves the charity has bank balances of £117,624 (2023: £89,199) and investments valued at £1,778,031 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 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 (trust deed, royal charter)	Para 1.25	Trust deed dated 28 March 2019 as amended 22 January 2020.
How is the charity constituted? (e.g unincorporated association, CIO)	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 trustees from time to time.

Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant about:	Additional information (optional) Youmay choose toincludefurtherstatementswhererelevant 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 £12,563 for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed.
Other

Reference and Administrative details

Charity name	The Mumford Memorial Trust
Other name the charity uses
Registered charity number	1188517
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 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 (ifany)
	Susan MaryMelville
	Cynthia Joyce Finch Comyn
	Robin Laura Bone
	Ludlow Trust CompanyLimited

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

Funds held as custodian trustees on behalf of others

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	Coutts & Co	440 The Strand, London, WC2R 0QS
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) Joanne Spiceley 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 Examinerfs Report Report to the trusteesl members of The Mumford Memorial Trust On accounts forthe year ended 281b March 2024 Charity no (if any) 1188517 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 28th March 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 tho Charities Act 2011 ( the Acr}. I report in respect of my examinalion 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 Ihe Act. I have completed my examination. I confim that no material matters have come lo my attention in connection with the examination which gives me cause to believe Ihat in, any material respect.. accounting records were not kept in accordance wilh section 130 of the Act or the accounls do not accord with Ihe accounting records Independent examinerfs statement I have no concems 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: Date: 16-0¢_ Name.. Mr Keith Felton Relevant professional qualificationls) or body lif any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB Section B Disclosure Only complete ifthe examiner needs to highlight matters of cOn￿M (see CC32, Independent examination of charity accounts.. directions and guidan￿ for examiners). IER October 2018

Glve here brlef detalls of ary items that the examinerwishes to disclose. IER October 2018

2024-12-2Mumford-Accounts

Final Audit Report

2024-12-30

Created: 2024-12-27 By: Estera Rzepus ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAA8Mxdf_IkMOAeqQpTHJEeFE1b8G6We-XN

"2024-12-2Mumford-Accounts" History

Document created by Estera Rzepus ([e-mail]) 2024-12-27 - 3:33:36 PM GMT

Document emailed to Joanne Spiceley ([e-mail]) for signature 2024-12-27 - 3:33:40 PM GMT

Email viewed by Joanne Spiceley ([e-mail]) 2024-12-30 - 9:49:39 AM GMT

Document e-signed by Joanne Spiceley ([e-mail]) Signature Date: 2024-12-30 - 9:50:44 AM GMT - Time Source: server

Agreement completed.

2024-12-30 - 9:50:44 AM GMT