2023-11-15-accounts

The Geoffrey Owen	Deceased Charitable Trust	Deceased Charitable Trust	1198473
Receipts andpayments accounts					CC16a
For the period from	Period start date 16.11.2022	To	Period end date 15.11.2023

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 35,966 145 - - - - - - 36,111 - - - 36,111 31,626 - - - 12 - - - - 31,638 - - - 31,638 4,473 - 3,820 8,293	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - 925 - - - - - - 925 614,205 - 614,205 615,130 - 6,458 6,767 780 - - - - - 14,004 633,197 - 633,197 647,201 - 32,071 - 43,802 11,731	Total funds to the nearest £ 35,966 1,070 - - - - - - 37,036 614,205 - 614,205 651,241 31,626 6,458 6,767 780 12 - - - - 45,642 633,197 - 633,197 678,839 - 27,598 - 47,622 20,024	Last year to the nearest £
Income from investments	35,966				26,545
Interest received	145				121
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
Sub total(Gross income for AR)	36,111				26,666
A2 Asset and investment sales, (see table).
Sale of investments	-				1,128,481
	-				-
Sub total	-				1,128,481
Total receipts A3 Payments
					1,155,147
Grants awarded	31,626				24,572
Investment manager fees (including VAT)	-				6,928
Trust administration fees (including VAT)	-				6,170
Independent Examiners fees	-				-
Cash management fee	12				-
Bank charges	-				107
	-				-
	-				-
	-				-
**Sub total **	31,638				37,777
A4 Asset and investment purchases, (see table)
Investmentpurchases	-				1,082,646
	-
**Sub total **	-				1,082,646
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
					1,120,423
	4,473	-	- 32,071	- 27,598	34,724
	-		-	-	-
	3,820		43,802	47,622	12,898
	8,293	-	11,731	20,024	47,622

CCXX R1 accounts (SS)

31/07/2024

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 B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Investment portfolio Details Total cash funds (agree balances with receipts and payments account(s)) Capital account Income account Details Details Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 8,293 - - - 8,293 - 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 Chris Thurlow on behalf of Ludlow Trust CompanyLimited	Endowment funds to nearest £
			11,731
			-
			-
			11,731
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			1,361,923
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
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			When due (optional)
			Date of approval
		Chris Thurlow on behalf of Ludlow Trust CompanyLimited

CCXX R2 accounts (SS)

31/07/2024

2

Trustees’ Annual Report for the period

From 16 November 2022 To 15 November 2023

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 £31,626. 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

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Investment performance
against objectives Para 1.41
Other
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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 £8,293 (2022: £3,820). In addition to the free reserves the charity has bank balances of £11,730 (2022: £43,802) and investments valued at £1,361,923 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:

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 parties	Para 1.51

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	NatWest	2ndFloor, Trinity Quay II, Avon Street, Bristol, BS2 2DH
Bankers	NatWest	2ndFloor, Trinity Quay II, Avon Street, Bristol, BS2 2DH
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

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent ExamineVs Report Report to the trusteesl members of The Geoffrey Owen Deceased Charitable Trust On accounts for the year ended 15 November 2023 Charity no (if 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") for the year ended 15 November 2023. 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 20111 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 carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515)Ibl of the A¢1, I have wmpleted my examination. I confirm that no material matters have come lo my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were nol kept in accordance wth section 130 of the Acl or the accounts do not accord with the accounting records Independent examinerfs statement I hav8 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 th& accounts to be reached. Signed: Date: 1S-0'/-to Name: Mr Keith Felton Relevant professional qualificationlsl or body (if any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB Section B Disclosure Only complete if the examiner needs lo highlight matters of concem (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018

Glve here brief details of any items that the examiner wishes to disclose. IER October 2018

2024-09-03Accounts

Final Audit Report

2024-09-03

Created: 2024-09-03 By: Estera Rzepus ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAFr-hLdyVHvMcUwGqRDufwHkNhQuLYyRi

"2024-09-03Accounts" History

Document created by Estera Rzepus ([e-mail]) 2024-09-03 - 3:17:15 PM GMT

Document emailed to Chris Thurlow ([e-mail]) for signature 2024-09-03 - 3:17:18 PM GMT

Email viewed by Chris Thurlow ([e-mail]) 2024-09-03 - 3:54:46 PM GMT

Document e-signed by Chris Thurlow ([e-mail]) Signature Date: 2024-09-03 - 3:55:00 PM GMT - Time Source: server

Agreement completed.

2024-09-03 - 3:55:00 PM GMT