|**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)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**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|| **----- Start of picture text -----**
Investment performance
against objectives Para 1.41
Other
**----- End of picture text -----**
## **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 (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAFr-hLdyVHvMcUwGqRDufwHkNhQuLYyRi ## "2024-09-03Accounts" History Document created by Estera Rzepus (Estera.Rzepus@ludlowtrust.com) 2024-09-03 - 3:17:15 PM GMT Document emailed to Chris Thurlow (chris.thurlow@ludlowtrust.com) for signature 2024-09-03 - 3:17:18 PM GMT Email viewed by Chris Thurlow (chris.thurlow@ludlowtrust.com) 2024-09-03 - 3:54:46 PM GMT Document e-signed by Chris Thurlow (chris.thurlow@ludlowtrust.com) Signature Date: 2024-09-03 - 3:55:00 PM GMT - Time Source: server Agreement completed. 2024-09-03 - 3:55:00 PM GMT