hcrhewits ons Pelly Charitable Trust CIO Trust AGcounts 6th Aprll 2024 to 5th Aprll 2025 with balance sheet at that date
PELLY CHARITABLE TRUST CIO TRUSTEE ACT 2000 COMPLIANCE STATEMENT Assets as at 5 April 2025 Stocks and shares as per schedule (al market value) 1,637,624.00 Loan lo HCSA 300,000.00 Cash balances 46 824.06 Trustee Act 2000 Compliance Statèment We have considered the assets of the Settlement and are satisfied that they are suitable for the purposes of the Selllement We have considered the appointment of Rathbones as investment managers in accordance with the Investment Policy Slalemenl la copy of which is included in these a¢¢ounlsl and are satisfied with their performance We confirm the wnlinuing appointment of Rathbones as investment managers for the Trust
PELLY CHARITABLE TRUST CIO Trust Type Charitsble Tax Status Exempt as being charilable Trustoes Helen Josephine Pelly Charles Robert Barker Hewilson Michael Stuart Chapman Helen Rosalind Hartley Investment Manag•r Ralhbones - Cambridge Office (Discretionary basis) Trust Objectlves The objects of the CIO are lo advance such charitable purposes laccording to the lawof England ané Wales) as the Iruslees see fil from lime to lime principally by making grants. Investment Objectlves and Conslderatlons Balanced return Investment Constralnts None Investment Pow•rs Wide investment K)owers Benchmark MSCI PIMFA Balanced FTSE 100 All Share Revlew Period and Significant Dates RevEw al least annually Statement updated.. August 2024
TStlè PELLY CHARITA8LE TRUST CIO Governlng Instrument SETTLEMENT DATED 22nd JUNE 2020 Trustees MRS HELEN JOSEPHINE PELLY CHARLES ROBERT BARKER HEWITSON MICHAEL STUART CHAPMAN MRS HELEN ROSALIND HARTLEY Bripf Summary ofTru$t Provisions The Trust Fund is held on discretionary charitable trusts. The Iru51ees have a complete discretion a5 to selection of beneficiaries although the lestalor expressed the wish that the principal beneficiaries should be to support the fostering of religious, spiritual and community development of the Great Wilsey sile Notes Being Charitable, the trust has no trust period CAUTION The information provided on thi8 page is for convenience only. Reference should be made to the governing instrument before any exeTcise of the powers conferred thereby
Independent examinerfs report to the trustees of Pelly Charitable Trust CIO I report to the trustees on my examination of the accounts of the Pelly Charitable Trust CIO Ithe Trust) for the year ended 5th April 2025. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act'}. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Art and in carrying out my examination I have followed all the applicable Directions given by the Charlty Commission under section 14515llbl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no materlal 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 Trust as required by section 130 of the Act- or 2. 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: Name- Alan Derek Taylor Relevant professional qualification or membership of professional bodies lif any): Institute of Financial Accountants Imembership Number 116541 Address- 50-60 Station Road Cambridge CBI 2JH Date: 2010812025
PELLY CHARITABLE TRUST CIO BALANCE SHEET AS AT 5 APRIL 2025 Liabilities Capital Account Accumulated Income Account 1,834,886.10 153,205.09 £1.988,091.19 Re resented b Investments at cost- per schedule (Market Value as at 0510412025 £1,637,624) 1.649,723.53 Loan to Haverhill Community Sports Association 300,000.00 Cash: Rathbones Capital Account Rathbones Income Account 43,800.36 3,023.70 46,824.06 Less Creditors- Reserve for HCR Hewitsons fees incl Vat- Loan Ag 1.320.00 Reserve for HCR Hewitsons fees incl Vat - General 4,196.40 Reserve for HCR Hewitsons fees incl Vat- Accounl 2,940.00 8,456.40 38.367.66 £1,988,091.19
PELLY CHARITABLE TRUST CIO CAPITAL ACCOUNT Balance as at 6 April 2024 1,898,503.42 1,898,503.42 Less: Loss on disposal of investments - per schedule Bank Charges - Capital Rathbones management fees incl Vat HCR Hewitsons fees incl Vat- Loan Agreement Reserve for HCR Hewitsons fees incl Vat - General Admin Reserve for HCR Hewitsons fees incl Vat- Accounts etc 41,612.89 20.00 13,528.03 1,320.00 4.196.40 2.940.00 63,617.32 Balance as at 5 Aprll 2025 £1,834,886.10 ACCUMULATED INCOME ACCOUNT Balance as at 6 April 2024 137,510.54 Add: Balance for the year to 5 April 2025 15,694.55 Balance as at 5 April 2025 £153,205.09
PELLY CHARITABLE TRUST CIO INCOME ACCOUNT Income: Property Income Distribution Gross Brokers Interest Gro55 Gilt Interest Received Gross Oversea5 Security Interest Received Gross UK Dividends Received Gross Unit Trust/OEIC Dividends Received Gross Overseas Dividends Received 594.01 542.42 13,970.99 6.575.98 21,934.55 7.305.69 4.770.91 55,694.55 Distributions: Haverhill Community Sports Association 40,000.00 40,000.00 Balance carried forward to Accumulated Income Account: £15,694.55
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