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2025-03-28-accounts

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The Mumford Memorial Trust Charity no:
1188517
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 29/03/2024 28/03/2025
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Income from investments 47,215 - - 47,215 47,069
Interest received 4,723 - - 4,723 3,315
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
51,938 - - 51,938 50,384
AR)
A2 Asset and investment sales,
(see table).
Sale of investments - - 1,084,083 1,084,083 1,364,815
- - - - -
Sub total - - 1,084,083 1,084,083 1,364,815
Total receipts 51,938 - 1,084,083 1,136,021 1,415,199
A3 Payments
Charitable Payments 194,500 - - 194,500 164,624
Trust Administration fees 11,580 - - 11,580 12,563
Investment Management Fees - 8,456 8,456 8,344
Cash Management Fees 148 - - 148 153
Accountancy 600 - - 600 600
Independent examination 180 - - 180 180
- - - - -
- - - - -
- - - - -
Sub total [ 207,008 ] - 8,456 215,464 186,463
A4 Asset and investment
purchases, (see table)
Investment purchases - - 1,012,665 1,012,665 1,200,986
- - - -
Sub total [ - ] - 1,012,665 1,012,665 1,200,986
Total payments 207,008 - 1,021,120 1,228,129 1,387,450
Net of receipts/(payments) - 155,071 - 62,963 - 92,108 27,749
A5 Transfers between funds 148,704 - 148,704 - -
A6 Cash funds last year end 12,615 117,624 130,239 102,490
Cash funds this year end 6,249 - 31,882 38,131 130,239
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CCXX R1 accounts (SS)

26/01/2026

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
Signature
Approved electronically
B5 Liabilities
Details
Details
B4 Assets retained for the
charity’s own use
Details
B3 Investment assets
Investment portfolio
Details
B2 Other monetary assets
B1 Cash funds
Capital account
Income account
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
6,249
-
-
-
6,249
-
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 Spicely on behalf of Ludlow
Trust Company Limited
Endowment
funds
to nearest £
31,882
-
-
31,882
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
1,738,071
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Per electronic
approval

CCXX R2 accounts (SS)

26/01/2026

2

Trustees’ Annual Report for the period

From 29 March 2023 To 28 March 2025

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

Objectives and Activities

Objectives and Activities Objectives and Activities 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:

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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

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SORP reference
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Achievements and Performance Achievements and Performance 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 thirty one charities totalling
£194,500.

Additional information (optional) You may choose to include further statements where relevant about:

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Additional information (optional)
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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

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Review of the charity’s Para 1.21 At the end of the reporting period the charity
financial position at the end had free reserves of £6,249 (2024:
£12,615).
of the period
In addition to the free reserves the charity
has bank balances of £31,882 (2024:
£117,624) and investments valued at
£1,738,071 within the expendable
endowment fund.
Statement explaining the Para 1.22 The Trustees pursue a policy of maintaining
policy for holding reserves a free reserve available to be spent in the
furtherance of the charity’s objectives as
stating why they are held
well as covering future needs, opportunities,
contingencies and risks.
Amount of reserves held Para 1.22
Reasons for holding zero Para 1.22
reserves
Details of fund materially in Para 1.24
deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a going
concern
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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

Structure, Governance and Management Structure, Governance and Management 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)

You may choose to include further statements where relevant about:

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
£11,727 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

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Charity name The Mumford Memorial Trust
Other name the charity uses
Registered charity number 1188517
Charity’s principal address Trustees Department
1 [st] Floor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Susan Mary Melville
Cynthia Joyce Finch
2
Comyn
3 Robin Laura Bone
Ludlow Trust
4
Company Limited
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
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20

– Corporate trustees names of the directors at the date the report was approved

Director name Gary Collins Walter Coxon Ali Sarikhani Ziba Sarikhani Christopher Thurlow Matthew 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)

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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
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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) Approved electronically Full name(s) Joanne Spiceley on behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date Per electronic approval

Document Activity Report

Document Sent Mon, 26 Jan 2026 16:42:38 GMT Document Approval Status Approved Approval Activity Summary Joanne Spiceley Approved Mon, 26 Jan 2026 16:59:18 GMT Document Activity History Document history shows most recent activity first Date Activity Mon, 26 Jan 2026 16:58:31 GMT Joanne Spiceley viewed the document

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of The Mumford Memorial Trust On accounts for the year 28 March 2025 Charity no 1188517 ended (if any) Set out on pages Financial statements pg 1-2 Trustee report pg 3-12

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 28/03/2025 .

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 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:

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.

Date: 26/01/2026 Signed: Name: Ian Rodd Relevant professional BSc FCA qualification(s) or body (if any): Address: TC Group 10 Bridge Street, Christchurch, Dorset, BH23 1EF

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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 Nothing to note any items that the examiner wishes to disclose .

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IER