Februa
2025
The Catherine and Angus Wood Charitable Trust
Charity number 1197572
Trustees Report and Financial Statements
For the Year Ended 5th April 2024

The Catherine and Angus Wood Ch8rft8ble Trusl
Contents
AdrninistratNe Inform*ion
Report ol theTrustees
Receipts aThl PaymentsAccount
statementofAssetsand Llabilitles
Independent Examine¢s Report

The CatrÉrfne and Angu5 Wood Charitable Tntst
The trust Is a Tegistered charlty established by deed dated 9th November 2021. Charity Re￿stratIOn
Nurnber is 1197572.
TheTrust•e$
Allsiair David Robert Wood
HCR Trust CDrporaiion L*mited
Prln¢lpal addTe5S
Ellenborough House
Wellington Streei
Cheltenharn GL50 IYD
Independent examlner
Alan DerekT8yior IFA
50-60 Station Road
Cambrldge CBI 2JH
Investment manag?rs
Brewin Dolphln
2nd Floor
Sl James House
Sijames, Square
Cheltenham GLSO 3PR

The Cath8rtn8 and Angus Wood Chaiilable Trust
Trustees Report
The Trustees are pléased to present their report togelher wilh the financial statements for the year ended
5th Aprll2024.
The financial statements have been prepared in accordance with the applicable accourbtlng policies that
comply with the charity'5 tiusi deed. the Charities Act 2011 and the Statement oy Recommènded Practice
on Accounting and Reporting by Charities SORP. The ttnancial statements comprlse a Receipt and
Payments Accountforihe year and a siatemeni of Assets and Liabiilties asat SthAptiL2024.
The objects of Ihe Chavty are geneial eharltable a5 trusteès see fit and the main activity of the charity Is
grant making.
No tunds are held on special trusis and the charity does not invofve in fundralslng or solicit grfts and
donationsfrom individuals. organisations orothercharlties.
The Trustees are 8w8re of the Public Benefit provlslons ol the Charhlèg Act 2011 and of thE guidance on
them publi8h8d by the Charity Commission. They are satisfied that the objects of thE Charlty and the
activities of the Charity are within the delinitions olthe Charltable Purposes 8S Sètdown by the Act.
Trustees meet once a year to a decide on the grants in accordarKe wlth these prlnciple5. The aim is to
distribute Ihe income of the Tiust every year to every two yeais. recognislng that this wll vary from each
period depending on the Income andgains and a number of 3ppUcations to consldef.
The trustees have a adopted an InVe￿ment polKy to maintain the value ol the Fund whilst generating
income to enable trustees to make thegrants.
TNgtees selectlon methods and tralnlng
There must be at least two trusiees and there are no requirements loi additional Trustees ai pieseni. The
current trustees have access to the Chailty Commission5 publications on Responsibllitles ol Charity
Trustee5 IC31 and Ihai ihey have lead and understood the conienis. In selecling ttustees, the trustees
must have regard to ihe ski115. knowledee a￿• experlence needed for the èffecifve administration ol the
charfty.
RlskM3nage￿eTrt
The trustee3 have assessed the rlsks to which the Trust 15 exposed and consider that the majoi risk laced
bythe charity 15 a posslble loss in the value of its investmetits. This is minimised bythe use ol professional
irwestment advisois and a regular reviewof the in¥esiments.
Reserves poucy
The tN5tees policy is to retain the Iwee ieserves of the charity to meetfees and conisnEencies. The fund Is
bèing accumulated perlotlicallyand the fund5 ale dlsiiibuted when agre￿ byTrusiees on its objects in the
nancial year.

The Catherfne and Angus Wood Charitable Tntst
Truslees Report
Truslees Respon5ibllliles
The Trusiees are requlred by law to prepare the financial siaiements lor each financial year which show
Ihe Income and expeTrJiture during the year. In prepailng these fi'nancial statements the trustèès are
required:
to select suitable accounting PDlicies and applythem conslstently
io makeludgernents and &stlmates that are reasonable and prudent
io follow applicable accounting siandards of the Charities SORP. dlscloslng and expialning any
departures in the linanclal statements
- to prepare the financial statements on the going Concerns basis unless it is inapptopilaie toassurne that
theycharrtywilicontinue
The trustees are responsible for keeplng proper a¢¢ouniing records which dlsclose with reasonable
accuracy at any tlme the financlal p051tion of the Tiust and enable them to ensure that the financial
statements CDmplywith the reouirements olthe section 130 Charities Act 2011. They are also responsible
for safeguarding the assets of the trust and for taking reasonable steps for ihe prevention and detection ol
fraud.
ActSvfjlles dwlngtheyear, achlevemenlsand perfoiman¢e
The tsustees have not made any donations during the year and they have resolved in November 2023 10
use the income to make a totslof £IOO.IKIO donations. The giants wele paid afterthe year end.
After exponses and with a n8t axpenditure from the Investments disp05aLs and acqulsrtions the excess of
payments over receiptsforthe yearwas £14.953.
Votue olthelund
The value of the fuThd as at5th April 2024was £3.013.141.
Signed for and on behalf ol theTrustee5 on
025
HCR Trust Corporation Lt(i

The Calherine and Angus W¢Jod Charitable Trust
Recelpts and payments accounl forthe year ended 5th April2024
2024
2023
RECEIPTS
Tran51erfrornAIH Wood Estste
Cash transfer In capltal
Cash transfer in income
790,884.46
116.727.07
907,611.53
Investment Income
UK company dividends
UK Unittrusl dwidends
UK Unlttrust inierèst
UKfiKed interest
Q¥erseas dlvidends
Overseas interest
Propertyfund dlstiibutlons
UK dep051t intere51
19,971.48
13.794.56
16,464.12
993.75
4.822.IG
7.34D.93
2.555.00
3.289.88
19,265.75
4.3S0.88
6.568.73
1,953.90
4,955.99
1.198.75
301.75
69,231.88
38,595.75
othey cash tecelpts
Proceeds ol investmentdisposals
Equalisation paymellts and other receipts
Previousyear5 investment income
V26.889.84
1,423.98
132.08
966.822.32
2.043.82
Totalfecelpts
697.677.78
IOJ&07&42
PAYMENTS
Accurnulations of Income lor investment
Accumulatlon of funds equali5ation payments
Charitable donations and grants made
Acquisition ot Investmenis
Legal and professSonalfees
Investrnent tnanagemenifees
Total payments
3,547.42
1.423.98
224.64
113.15
591482.78
1,768.865.92
108.00
14.771.99
15,176.75
612,630.93
1.784083.70
Netre¢tlpts I Ipayynentsl
Cash brought forward
114,953.151
I30,9￿.72
130,989.72
116.036.57
130,989.72
Represented byc8sh held
Brewin Dolphin Cash- Income
Brewin Dolphin Cash- Capital
55.51
115,981.06
1,552.84
129,436.88
116.036.57
130.989.72

The C8th8rlne and Angus Wood Charhable T￿￿t
Statement of assets and Ilabllltles as at 5th Aprll 2024
2023
lllvp5tmentsat markeivalue
UK Bonds
Overseas Bonds
UK Equities
Overseas Equltles
Global Investments
Absolute return investments
OtherlnvesimentS
569,238.n
142,739.62
440,418.74
1.280.454.36
105,411.60
222,926.98
131,993.97
2,893,183.97
102.020.30
360.689.42
525.188.18
944.285.92
121,742.38
325.722.34
232.625.00
2.612.273.54
Brewin Dolphin Cash- income
Brewln Dolphin Cash- capital
55.51
115,981.(
116,036.57
1,552.84
I￿.436.88
130.989.72
Pendin8 dNidends to be credited tothè income account
1920.8S
5,844.55
Netassets
4Oi&Ui.39
2,749,107.81
Approved bythe Irusiees on
2025
I'FJ-<
HCR Trusicorporation Ltd

The Catherine and Angus Wood Charitable Tnjst
Independent examlner's report
I report on the 1Snanclai stsiement5 of the Charlty I'lhe Trusf'i r8gistered number 1197572 lor the sf
ended 5thApri12024. which ale $81 out trn p8ge5 1 to S.
Resp•n$lblll¢lesand besl8ofreporr
I report to the trustees on my èxamlnatlon of Ihe accounts of the above chèrity l.the Twst") for the year
en(Jed 5thApd1202
Asthe chaiity InJstee5 of the Trust, you are r8spoTrsibleforthe preparation of th& accounts (n acBord4tK
whh the requiiemenisol the ChytitiesAc120111"the Act'l. The chaiity'stTUStees con51derthat an 8uditis
ot reouiredlDrthis year under section 144 ofihe Charities Aci 2011andlhaian independeni
It Is myTe5pon&bikn'tyto'.
- examine the accounts undersè¢tion 145 olthe Charities Act
to lollow the procedures laid down In the general Dliectlon given by the Charity Comm15510n UDdei
sedion 14515llblofthe Chailties Act. and
- to Slaie wheihei particular matters h3ve come to my attgnuon
I report in respect of my eKamln31ion of the Tiusl'5 accounts carried out under setiion 145 of the 2011 Act
and in tarrylng out tny examination, following the appllcabLe DIredi0￿5 gwen by the Charty Commisshjn
undeisection 14515llblof theA¢i.
Indoppndentexamlnefs statement
I have complÈttd my examinalion. I confjrm that no materral matt￿S ha￿ come to my aitentK)n l in
onnectitln wllh the exarnlnatlon which gives me ¢ou5e to believethzt in, anymateri81 respectr.
8ccDuming recon15were noi kepl In accoiuancewllh 5eciion 130 oYlheAci or
thp accounts notaccoid wflhine8cr.ovnrinE recorijs
I have no concern3 and have come acros5 no other matters in connection wlth the examlnallm to wh￿h
att2ntionshould tse Ovawn in older to enabte 8 WOPErundeisiandlnÉ oftheaccounts to be reache(l.
S¢ned., A.D. I
Date..
31xl102S
Name.. A Lqfrj JAYèol4
Reiovanl prote55iona1qua￿"flcat￿onls1 or bodylilanyl.. I ￿￿170T£ F IAIA 4)YAIJlS
Address..
SD. 6D ST47i#tsJ Rb
81 XJH

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