2023-12-22-accounts

The Witheren Foundation		1192994
Receipts andpayments accounts				CC16a
23.12.2022 Period start date For the period from	To	22.12.2023 Period end date

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 96,606 10,625 - - - - - 107,231 - - - 107,231 48,000 - - - 667 - - - 48,667 - - - 48,667 58,563 - 17,800 76,363	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - 2,466 - - - - 2,466 3,264,817 - 3,264,817 3,267,283 50,000 16,399 24,312 180 - - - - 90,890 4,680,305 - 4,680,305 4,771,196 - 1,503,912 - 1,767,293 263,381	Total funds to the nearest £ 96,606 13,091 - - - - - 109,697 3,264,817 - 3,264,817 3,374,514 98,000 16,399 24,312 180 667 - - - 139,558 4,680,305 - 4,680,305 4,819,863 - 1,445,349 - 1,785,094 339,745	Last year to the nearest £
Investment income	96,606				61,884
Interest received	10,625				627
	-				-
	-				-
	-				-
	-				-
	-				-
Sub total(Gross income for AR)	107,231				62,511
A2 Asset and investment sales, (see table).
Sale of investments	-				2,167,290
	-				-
Sub total	-				2,167,290
Total receipts A3 Payments
					2,229,801
Grants awarded	48,000				83,000
Investment management fees (including VAT)	-				20,818
Trust administration fees (including VAT)	-				42,759
Independent examiners fees	-				780
Cash management fee	667				-
	-				-
	-				-
	-				-
**Sub total **	48,667				147,357
A4 Asset and investment purchases, (see table)
Investmentpurchases	-				2,141,130
	-
**Sub total **	-				2,141,130
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
					2,288,487
	58,563		- 1,503,912	- 1,445,349	- 58,686
	-		-	-	-
	17,800		1,767,293	1,785,094	1,843,779
	76,363	-	263,381	339,745	1,785,093

CCXX R1 accounts (SS)

02/09/2024

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 Investment portfolio Money Market Deposit	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 76,363 - - - 76,363 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Endowment - Endowment - Endowment - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - Print Name David Breach on behalf of Ludlow Trust CompanyLimited	Endowment funds to nearest £
			263,381
			-
			-
			263,381
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			3,726,163
			4,175,983
			1,418,641
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
		David Breach on behalf of Ludlow Trust CompanyLimited

CCXX R2 accounts (SS)

02/09/2024

2

Trustees’ Annual Report for the period

From 23 December 2022 To 22 December 2023

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

SORP reference During the year under review the charity made grant awards to ten charities totalling £98,000. 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.

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

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 £76,636 (2022: £17,800). In addition to the free reserves the charity has bank balances of £263,381 (2022: £1,767,293) and investments valued at £9,320,787 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:	Additional information (optional) You may choose to include further statements where relevant about:	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 14 15 16 17 18 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) David Breach on behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) Date

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Witheren Foundation On accounts forthe year ended 22" De￿mber 2023 Charity no lif any) 1192994 Set out on pages 1to2 I report to the Irustees on my examination of the accounts of the above charity I'the Trust") for the year ended 22ThY December 2023. Responsibillties 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 (llhe Act.). I report in respect of my examination of the Trust's accounts Carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Chanty Commission under section 145151{b) of the Act. I have completed my examination. I confirm that no matenal matters have come lo my attèntion in connection with the examinatson vthich gives m8 cause to believe that in, any material respect.. accounting records were not kept in accordance s8Ction 130 of the Act or the accounts do not accord with the accounting records Independent examIne￿S statement I Iiave no concems and have come across no other matters in connection with the examination to which attention should be drawn in order lo enable a proper understanding of the accounts to be reached. Signed: Date: 7c). 8 -2OZ+ Name: Mr Keith Felton Relevant professional qualification{sl or body (if any): ACCA Address: KJF Accounting Ltd. 17 Sheringham Avenue, Southgate, London N14 4UB Section B Disclosure Only ts)mplete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). IER October 2018

Give here brlef detalls of any Items that the examiner wishes to disclose. IER October 2018

2024-09-04Accounts

Final Audit Report

2024-09-04

Created: 2024-09-04 By: Estera Rzepus ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAH87xMCUB60DL4OrcM2GE44zsgc7x6VZO

"2024-09-04Accounts" History

Document created by Estera Rzepus ([e-mail]) 2024-09-04 - 1:19:08 PM GMT

Document emailed to David Breach ([e-mail]) for signature 2024-09-04 - 1:19:11 PM GMT

Email viewed by David Breach ([e-mail]) 2024-09-04 - 7:24:22 PM GMT

Document e-signed by David Breach ([e-mail]) Signature Date: 2024-09-04 - 7:25:42 PM GMT - Time Source: server

Agreement completed.

2024-09-04 - 7:25:42 PM GMT