|**The Witheren Foundation**|**The Witheren Foundation**|**The Witheren Foundation**|**1192994**| |---|---|---|---| |**Receipts andpayments accounts**|||| |**For the period**
**from**|23.12.2021
Period start date|**To**|22.12.2022
Period end date| ## **CC16a** **For the period** Period start date Period end date **To from** 23.12.2021 22.12.2022 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**61,884**
**-**
**-**
**-**
**-**
**61,884**
**-**
**-**
**-**
**61,884**
**58,000**
**780**
**-**
**-**
**-**
**-**
**58,780**
**-**
**-**
**-**
**58,780**
**3,104**
**780**
**13,916**
**17,800**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**627**
**-**
**-**
**627**
**2,167,290**
**-**
**2,167,290**
**2,167,917**
**25,000**
**20,818**
**42,759**
**-**
**-**
**-**
**-**
**88,577**
**2,141,130**
**-**
**2,141,130**
**2,229,707**
**- 61,790**
**- 780**
**1,829,863**
**1,767,293**|**Total funds**
**to the nearest £**
**-**
**-**
**61,884**
**627**
**-**
**-**
**-**
**62,511**
**2,167,290**
**-**
**2,167,290**
**2,229,801**
**83,000**
**20,818**
**-**
**42,759**
**780**
**-**
**-**
**-**
**-**
**147,357**
**2,141,130**
**-**
**2,141,130**
**2,288,487**
**- 58,686**
**-**
**1,843,779**
**1,785,093**|**Last year**
**to the nearest £**| |---|---|---|---|---|---| |Addition to trust|||||**7,829,210**| |Gift Aid received|||||**1,956,250**| |Investment income|**61,884**||||**13,916**| |Interest received|**-**||||**77**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**61,884**||||**9,799,453**| ||||||| |**A2 Asset and investment sales,**
**(see table).**|||||| |Sale of investments|**-**||||**461,245**| ||**-**||||**-**| |**_Sub total_**|**-**||||**461,245**| |**_Total receipts_**
**A3 Payments**|||||| ||||||**10,260,698**| ||||||| |Grants awarded|**58,000**||||**40,000**| |Investment management fees (including
VAT)|||||**15,111**| |Set upfee|||||**4,200**| |Trust administration fees|||||**5,026**| |Independent examiners fees|**780**||||| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_ **|**58,780**||||**64,337**| ||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||| |Investmentpurchases|**-**||||**8,352,582**| ||**-**||||| |**_Sub total_ **|**-**||||**8,352,582**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||| ||||||**8,416,919**| ||||||| ||**3,104**||**- 61,790**|**- 58,686**|**1,843,779**| ||**780**||**- 780**|**-**|**-**| ||**13,916**||**1,829,863**|**1,843,779**|| ||**17,800**|**-**|**1,767,293**|**1,785,093**|**1,843,779**| CCXX R1 accounts (SS) 18/10/2023 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**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---|---| |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|**Details**
**Details**
Capital account
Income account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Investment portfolio
Investment portfolio|**Unrestricted**
**funds**
**to nearest £**
**-**
**17,800**
**-**
**17,800**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
Endowment
Endowment
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to nearest £**| |||||**1,767,293**| |||||**-**| |||||**-**| |||||**1,767,293**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**3,449,519**| |||||**4,004,592**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**When due**
**(optional)**| |||||| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| Signed by one or two trustees on behalf of all the trustees Signature Print Name Date of approval CCXX R2 accounts (SS) 18/10/2023 2 ## **Trustees’ Annual Report for the period** ## **From 23 December 2021 To 22 December 2022** ## **Charity name: The Witheren Foundation Charity registration number: 1192994** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The trustees shall hold the capital and
income of the Trust Fund upon trust 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
and in such manner 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 Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** **----- Start of picture text -----**
SORP reference
During the year under review the charity
made grant awards to nine charities
totalling £83,000.
Summary of the main
achievements of the charity,
identifying the difference the Para 1.20
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
**----- End of picture text -----**
**----- Start of picture text -----**
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
**----- End of picture text -----**
**----- Start of picture text -----**
Investment performance
against objectives Para 1.41
Other
**----- End of picture text -----**
## **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 £17,800 (2021:
£13,916).
In addition to the free reserves the charity
has bank balances of £1,767,293 (2021:
£1,829,863) and investments valued at
£7,454,111 within the endowment fund,
available for release to support the
activities of the charity.
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.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|| |---|---|---| |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|| Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Trust deed dated 24 October 2017.| |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 settlors
jointly during their lifetime or following
death or incapacity one of them and
subject to this appointment the power of
appointment is exercisable by the trustees.| ## **Additional information (optional)** You may choose to include further statements where relevant 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 Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|The Witheren Foundation| |---|---| |Other name the charity uses|| |Registered charity number|1192994| |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
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15
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19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Peter Dominic
Caldecott|||| ||Sara Caroline
Caldecott|||| ||Ludlow Trust
CompanyLimited|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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 ## **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) 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 Witheren Foundation On accounts for the year ended 22nd December 2022 Charity no lif any) 1192994 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above nd charity ("the Trust I for the year ended 22 December 2022. 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 ("Ihe Act"). I report in respect ofmy examination of th8 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)(bl of the Act. I have Completed my examination. I confim that no material matters have come to my attention in connection with the examination which gives me cause to believe thal in, any material respe¢l'. ac¢ounting records were nol kept in accordance with section 130 of Ihe Act or the accounts do not accord with the accounting records Independent examiner'8 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 proper understanding of the accounts to be reached. Signed: Date: Name: Mr Keith Felton Relevant professional qualificationls) or body {if any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenuè, Southgate. London N14 4UB Section B Disclosure Only complete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018 Giv• her• brlef detalls of any Items that the examlner wlshes to dlsclose. IER October 2018 ## 2023-11-21WitherenFound-Accounts Final Audit Report 2023-11-21 Created: 2023-11-21 By: Marta Kurpickaja (marta.kurpickaja@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAM0EZOnPji8sDCkhz9cNkzXy7a2NIQLgX ## "2023-11-21WitherenFound-Accounts" History Document created by Marta Kurpickaja (marta.kurpickaja@ludlowtrust.com) 2023-11-21 - 9:19:20 AM GMT- IP address: 195.70.87.234 Document emailed to David Breach (david.breach@ludlowtrust.com) for signature 2023-11-21 - 9:19:45 AM GMT Email viewed by David Breach (david.breach@ludlowtrust.com) 2023-11-21 - 2:51:24 PM GMT- IP address: 104.47.20.254 Document e-signed by David Breach (david.breach@ludlowtrust.com) Signature Date: 2023-11-21 - 2:52:30 PM GMT - Time Source: server- IP address: 185.38.113.82 Agreement completed. 2023-11-21 - 2:52:30 PM GMT