2022-11-15-accounts

The Geoffrey Owen Deceased Charitable Trust 1198473 Receipts and payments accounts CC16a For the period Period start date Period end date To from 16.11.2021 15.11.2022

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 29,726 0 - - - - - - 29,726 - - - 29,726 24,572 6,170 108 - - - - - 30,850 - - - 30,850 - 1,124 3,097 1,847 3,820	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - 121 - - - - - - 121 1,128,481 - 1,128,481 1,128,602 6,928 - - - - - 6,928 1,085,827 - 1,085,827 1,092,755 35,848 - 3,097 11,051 43,802	Total funds to the nearest £ 29,726 121 - - - - - - 29,847 1,128,481 - 1,128,481 1,158,328 24,572 6,928 6,170 108 - - - - - 37,778 1,085,827 - 1,085,827 1,123,605 34,723		Last year to the nearest £
Income from investments	29,726					22,793
Bank interest	0					17
	-					-
	-					-
	-					-
	-					-
	-					-
	-					-
Sub total(Gross income for AR)	29,726					22,810
A2 Asset and investment sales, (see table).
Sale of investments	-					829,468
	-					-
Sub total	-					829,468
Total receipts A3 Payments
						852,278
Grants awarded	24,572					21,244
Investment manager and admin fees						11,324
Management fees	6,170					6,239
Bank charges	108					-
	-					-
	-					-
	-					-
	-					-
	-					-
**Sub total **	30,850					38,807
A4 Asset and investment purchases, (see table)
Investment purchases	-					809,725
	-
**Sub total **	-					809,725
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
						848,532
	- 1,124	-	35,848	34,723		3,746
	3,097	-	- 3,097	-		-
	1,847	-	11,051	12,898		9,152
	3,820	-	43,802	47,622		12,898

CCXX R1 accounts (SS)

1

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 B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds CCXX R2 accounts (SS)	Details Coutts portfolio Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Capital account Income account Details Signature 2	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 3,820 - - - 3,820 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Endowment - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - Print Name	Endowment funds to nearest £
			43,802
			-
			-
			43,802
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			1,323,069
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
	2

CCXX R2 accounts (SS)

Trustees’ Annual Report for the period

From 16 November 2021 To 15 November 2022

Charity name: The Geoffrey Owen Deceased Charitable Trust Charity registration number: 1198473

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objects of the Trust are to pay the income of the residuary estate of Geoffrey Owen held on trust to Microscopical Club (now known as Quekett Microscopical Club) registered charity 232473.
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
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference

Policy on grant making Para 1.38 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 in accordance with the Will dated 24 May 1988 to Quekett Microscopical Club totalling £24,571.87. 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:	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:
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 reserves of £3,820 (2021: £1,847). In addition to the free reserves the charity has bank balances of £43,802 (2021: £11,501) and investments valued at £1,323,069 within the 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.
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 Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern

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	The trust is governed by the terms of the Will dated 24 May 1988. The settlor died on 30 July 2010 and probate was granted on 27 September 2010.
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 under the terms set out in the Will dated 24 May 1988.

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 Geoffrey Owen Deceased Charitable Trist
Other name the charity uses
Registered charity number	1198473
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)
	Ludlow Trust Company Limited

– 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
	Chris Thurlow
	As director of Ludlow Trustee Company Limited
	16.09.2023
	16.09.2023

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Geoffrey Owen Deceased Charitable Trust On accounts for the year ended 15 November 2022 Charity no lif any) 1198473 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above charity I'the Trust I for the year ended 1511112022, 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 Ihe Charities A¢t 2011 ( the Act") I report in respect of my examination of the 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 14515llbl of the Act. I have completed my examination. I confim that no material matters have ome to my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of Ihe Act or the accounts do not accord with the accounting records Independent examiner's 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 a proper understanding of th8 accounts lo be reached. Signed: Date: Name: Mr Keith Felton Relevant professional qualificationls) or body {if any): ACCA Address.. KJF Accounting Ltd, 17 Sheringham Avenue, Soulhgate, 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

Give here Ixlef detalls of any items that the examiner wishes to disclose. IER October 2018

2023-09-28TGODCT- Accounts

Final Audit Report

2023-09-28

Created: 2023-09-28 By: Marta Kurpickaja ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAFoWIuQiGx6ggzO-wmxV9AGJpfLAVCITd

"2023-09-28TGODCT- Accounts" History

Document created by Marta Kurpickaja ([e-mail])

2023-09-28 - 10:23:23 AM GMT- IP address: 62.232.188.26

Document emailed to Chris Thurlow ([e-mail]) for signature 2023-09-28 - 10:24:19 AM GMT

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Document e-signed by Chris Thurlow ([e-mail])

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Agreement completed.

2023-09-28 - 10:30:21 AM GMT