The Fisher Charitable Trust (RCN: 1189317)
Trustees’ Annual Report from 1 April 2022 to 31 March 2023
| Charity Name: | The Fisher Charitable Trust |
|---|---|
| Registered Charity number: | 1189317 |
| Charity’s principal address: | Paradigm Norton |
| Paradigm House | |
| 72-74 Macrae Road | |
| Pill | |
| Bristol | |
| BS20 0DD | |
| Name of Charity Trustees: | Mark Peter Edmund Fisher |
| Annette Louise Fisher | |
| Callum Peter Edmund Fisher | |
| Peter Geoffrey Osborne | |
| Solicitors for Trustees: | Clarke Willmott LLP |
| Blackbrook Gate, | |
| Blackbrook Park Avenue | |
| Taunton | |
| Somerset | |
| TA1 2PG | |
| Bankers for the Trustees: | Metro Bank |
| One Southampton Row | |
| London | |
| WC1B 5HA | |
| Stockbrokers for the Trustees: | Transact |
| 29 Clement’s Lane | |
| London | |
| EC4N 7AE | |
| Financial Advisor for the Trustees: | Paradigm Norton |
| Paradigm House | |
| 72-74 Macrae Road | |
| Pill | |
| Bristol | |
| BS20 0DD |
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Structure, governance and management
The Trust was constituted by a Declaration of Trust dated 21 January 2020 and to date has received assets from the via Mark Fisher to the value of £775,000.
A further amount of £200,000 was added to the Trust in October 2021 by Mark Fisher.
In March 2023 Mark Fisher made an in-specie transfer of a number of investments into the Trust as detailed in the accounts.
Objectives and activities
The objects are for the benefit of the public to promote any purposes that are charitable according to the laws of England and Wales.
Achievements and performance
During the year covered by this report the Trustees resolved and paid the following grants:
- £10,000 to Cancer Research UK
At the point of preparing this report the Trustees are considering their options into projects.
Reserves
The charity has been endowed and obtains all of its income from the investment of that endowment. The Trustees have so far made no long term commitments that are likely to exceed their investment income. Even if they choose to do so in the future, that is likely to be conscious decision to commit capital resources to a particular project even if that meant that over time the charity’s resources were entirely spent. Accordingly, the Trustees do not consider it currently necessary to maintain any particular cash sum as reserves.
Declaration
The Trustees declare that they have approved the Trustees’ report above.
Agreed on behalf of the charity’s Trustees
Full Name: Mark Peter Edmund Fisher
Capacity: Trustee
Date: 18/1/24
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THE FISHER CHARITABLE TRUST
SHORT FORM ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
P3856/440721.1 Clarke Willmott LLP Blackbrook Gate Blackbrook Park Avenue Taunton TA1 2PG
THE FISHER CHARITABLE TRUST
SHORT FORM ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
BALANCE SHEET
| Investments at cost market value 1,148,015 £ Cash held Less: Liabilities Capital Account Income Account |
2023 1,121,850.64 278,830.48 1,400,681.12 (1,620.00) 1,399,061.12 1,369,465.12 29,596.00 1,399,061.12 |
2022 764,153.64 116,341.38 |
|---|---|---|
| 880,495.02 (4,200.00) |
||
| 876,295.02 | ||
| 860,179.77 16,115.25 |
||
| 876,295.02 |
THE FISHER CHARITABLE TRUST
SHORT FORM ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
CAPITAL ACCOUNT
| Balance as at 1 April 2022 Donations to Trust Gift Aid repayment from HMRC Gain/loss on sale of investments Less: Expenses: Legal fees Stockbroker fees Advisor fees Donations: MYTIME - young carers support MYTIME - young carers support DEAFvibe UK Alpacaly Ever After CIC Many Tears Rescue Vale Pantry Charity - 1196306 Food in Community Cancer Research UK Fundraising Consultant Balance as at 31 March 2023 |
2023 2022 860,179.77 747,210.77 308,902.76 200,000.00 214,905.56 2480.91 15,742.88 1,386,469.00 962,953.65 (1,620.00) (11,100.00) (4,183.88) (3,877.48) |
2022 747,210.77 200,000.00 15,742.88 |
|---|---|---|
| (5,803.88) (14,977.48) (1,200.00) (900.00) (1,200.00) (900.00) (20,000.00) (3,446.40) (12,200.00) (20,000.00) (10,000.00) (3,000.00) (10,000.00) (10,000.00) (10,000.00) (78,646.40) (8,250.00) - (8,250.00) 1,369,465.12 860,179.77 |
||
| (8,250.00) | ||
| 860,179.77 |
THE FISHER CHARITABLE TRUST
SHORT FORM ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
INCOME ACCOUNT
| Balance as at 1 April 2022 Transact Interest Investment income Dividends and Interest Interest Commission rebates Total Divs and Interest Balance as at 31 March 2023 |
13,049.05 431.70 - |
2023 16,115.25 10,003.12 - 67.14 13,480.75 29,596.00 29,596.00 |
2022 6,013.90 31.09 10,070.26 |
|---|---|---|---|
| 16,115.25 | |||
| 16,115.25 |