## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 09 01 2023 **To** 08 01 2024 ## Section A Reference and administration details THE LONGVILLE FOUNDATION **Charity name Other names charity is known by Registered charity number (if any)** 1193263 **Charity's principal address** Ludlow Trust Company Limited First Floor, Tower Wharf. Cheese Lane, Bristol **Postcode BS2 0JJ** ## **Names of the charity trustees who manage the charity** |1
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18|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Ludlow Trust
CompanyLimited|||| ||Andrea Marianne
Jane Minton
Beddoes|||| ||Simon PhilipGray|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** March **2012** 1 ## **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**||| |Independent examiner|Geoffrey Frost|Blue Spire Limited, South Pallant, Chichester, West
Sussex, PO19 1SY| |||| |||| |||| ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Trust deed dated 8[th] January 2021 - (eg. trust deed, constitution) How the charity is constituted Trust - (eg. trust, association, company) Trustees are appointed by the existing trustees. Trustee selection methods (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** 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 exclusively charitable objects and purposes in any part of the world as the Trustees may in their absolute discretion think fit. **TAR** March **2012** 2 In furtherance of the charity’s objects for the public benefit the trustees provide grants in accordance with the deed. In determining the charity’s activities the trustees have had regard to the Charity Commission’s guidance on public benefit. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. **TAR** March **2012** 3 Section D Achievements and performance During the year under review the charity made grants to charities below: **Summary of the main achievements of the charity** Radley Foundation (RCN 272671) - £10,000 **during the year** Moor Park Charitable Trust Limited (RCN511800) - £25,000 Seaview Sailing Trust (RCN 1198176) - £3,600 **TAR** March **2012** 4 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** At the end of the reporting period the charity had free reserves amounting to £25,996. In addition to the free reserves the charity has bank balances of £919,186 within the expendable endowment fund. 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. ## **Details of any funds materially** **in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Chris Thurlow on behalf of Ludlow Trust Company Ltd **Position (eg Secretary, Chair,** Trust Manager **etc) Date** 08 November 2024 **TAR** March **2012** 5 **Charity Name No (if any) THE LONGVILLE FOUNDATION 1193263 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 09/01/2023 08/01/2024 |**Section A Receipts and payments**|**Section A Receipts and payments**|**Section A Receipts and payments**|||||||| |---|---|---|---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**27,707**
**-**
**-**
**-**
**27,707**
**-**
**-**
**27,707**
**38,600**
**8,045**
**1,711**
**-**
**-**
**-**
**48,356**
**-**
**-**
**48,356**
**(20,649)**||**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**-**
**27,707**
**-**
**-**
**-**
**-**
**-**
**-**
**27,707**||**Last year**
**to the nearest £**| |Income from Investments|||||||||| |Income from interest|**27,707**||||||||| |Addition to the Trust|||||||||**804,210**| |Gift Aid|||||||||**200,000**| ||||||||||| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**27,707**||||||||**1,004,210**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| |**Sale of investments**|**-**||||||**-**||| |**_Sub total_**|**-**||||||**-**||**-**| |**_Total receipts_ **
**A3 Payments**|||||||||| ||||||||||**1,004,210**| ||||||||||| |Charitable Payments|**38,600**||||||||**10,000**| |Investment Management Fees +VAT|||||||||| |Trust Administration Fees +VAT|**8,045**||||||||**5,513**| |Trust Set upfee|||||||||**4,200**| |Lei fee|||||||||**138**| |Cash management fee|**1,711**||||||||| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| |**_Sub total_ **|**48,356**||||||||**19,851**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| |**Investmentpurchases**|**-**||||||**-**||| |**_Sub total_ **|**-**||||||**-**||**-**| |**_Total payments_ **
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_ **|||||||||| ||||||||||**19,851**| ||||||||||| ||**(20,649)**||**-**||**-**||**(20,649)**||**984,359**| ||**46,645**||||**(46,645)**||**-**||**-**| ||||||**965,831**||**965,831**||**984,359**| ||**25,996**||**-**||**919,186**||**945,182**||**1,968,718**| CCXX R6 accounts (SS) 08/11/2024 6 |**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**
Cash Capital
Cash Income
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
Securities
**Details**|**Unrestricted**
**funds**
**to nearest £**
**-**
**25,996**
**-**
**25,996**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**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 £**| |||||**919,186**| |||||**-**| |||||| |||||**919,186**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**When due**
**(optional)**| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| Signed by one or two trustees on behalf of all the trustees Signature Print Name Chris Thurlow on behalf of Ludlow Trust Company Ltd Date of approval 08 November 2024 CCXX R7 accounts (SS) 08/11/2024 7 ## **Independent Examiner's Report to the Trustees of The Longville Foundation** I report to the charity trustees on my examination of the accounts of the charity for the year ended 8 January 2024 which are set out on pages 6 to 7. ## **Responsibilities and basis of report** As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity 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. Geoffrey Frost BSc(Hons) FCA Blue Spire Limited South Pallant Chichester West Sussex PO19 1SY Date[11 November 2024]