## **Trustees’ Annual Report for the period**
## **From 12/04/2024 To 11/04/2025**
## **Charity name: Seaview Charitable Trust Charity registration number: 1203883 Objectives and Activities**
|**Charity name: Seaview Charitable Trust**
**Charity registration number: 1203883**
**Objectives and Activities**|**Charity name: Seaview Charitable Trust**
**Charity registration number: 1203883**
**Objectives and Activities**|**Charity name: Seaview Charitable Trust**
**Charity registration number: 1203883**
**Objectives and Activities**|
|---|---|---|
|SORP reference|||
|Summary of the purposes of
the charity as set out in its
governing document
Para 1.17
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.|||
|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
In furtherance of the charity’s objects for
the public benefit the trustees provides
grants in accordance with the letter of
wishes.|||
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|In determining the charity’s activities the
trustees have had regard to the Charity.
Commission’s guidance on public benefit.|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other
## **Achievements and Performance**
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SORP reference
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|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**|
|---|---|---|
|SORP reference|||
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|During the year under review the charity
made grants to the charities below:
Benenden School (RCN 307854) -
£50,000
British Paralympic Association (RCN
802385) – £10,000
Together with Africa (RCN 1101864) -
£10,000
Greater Change (RCN 1188164) -
£10,000|
|**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 Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other
## **Financial Review**
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Review of the charity’s Para 1.21 In addition to the free reserves the charity
financial position at the end has bank balances of £137,955 (2024:
£201,762) and investments valued at
of the period
£2,170,574 within the expendable
endowment fund which can be released to
support the activities of the charity.
Statement explaining the Para 1.22 The Trustees pursue a policy of maintaining
policy for holding reserves a free reserve available to be spent in the
furtherance of the charity’s objectives as
stating why they are held
well as covering future needs, opportunities,
contingencies and risks.
Amount of reserves held Para 1.22 At the end of the reporting period the charity
had free reserves of £24,466 (2024:
£19,620).
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially in Para 1.24 No funds in deficit
deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a going
concern
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
## **Structure, Governance and Management**
|**Structure, Governance and Management**|**Structure, Governance and Management**|**Structure, Governance and Management**|
|---|---|---|
|Description of charity’s
trusts:|||
|Type of governing document
(trust deed, royal charter)
Para 1.25
Trust deed dated 11thApril 2023|||
|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 by the existing
trustees.|
|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant 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
Ludlow Trust Company Limited was paid
£14,164
(2024:
£5,594)
for
trust
administration
and
cash
management
services during the year under review.
Authorised under clause 9 of the trust deed.|||
|Other|||
## **Reference and Administrative details**
|**Reference and Administrative details**|**Reference and Administrative details**|
|---|---|
|Charity name
Seaview Charitable Trust||
|Other name the charity uses||
|Registered charity number
1203883||
|Charity’s principal address|Ludlow Trust Co Ltd
Tower Wharf
Cheese Lane
BRISTOL
BS2 0JJ|
**Names of the charity trustees who manage the charity**
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Ludlow Trust
1
Company Limited
2 Christina Elliott
3 Jonathan Elliott
4
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## – Corporate trustees names of the directors at the date the report was approved
|**Director name**|||
|---|---|---|
|Gary St John Collins|||
|Walter Duncan Coxon|||
|Ali Reza Sarikhani|||
|Ziba Christina Sakine
Sarikhani|||
|Christopher Ian Thurlow|||
|Matthew John Wickers|||
|John Stephen Dennis|(Resigned 25/10/2024)||
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|N/A|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A|
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|N/A|
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
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Type of adviser Name Address
Investment Managers Coutts & Co 2 [nd] Floor, Trinity Quay II, Avon Street,
Bristol BS2 2DH
Seven Investment
Management LLP 1 Angel Court, London EC2R 7HJ
Bankers Coutts & Co 2 [nd] Floor, Trinity Quay II, Avon Street,
Bristol BS2 2DH
Seven Investment
Management LLP 1 Angel Court, London EC2R 7HJ
Accountants Charter Tax Consulting 8 [th] Floor, 1 Southampton Street,
Ltd London WC2R 0LR
Independent Examiner Katie Wilson Blue Spire Limited, Cawley Priory, South
Pallant, Chichester, PO19 1SY
**----- End of picture text -----**
**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|
||
On behalf of Ludlow Trust
Company Limited (Trustee)|
||
11 February 2026|
||
11 February 2026|
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Seaview Charitable Trust 1203883
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 12.04.2024 11.04.2025
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Income from investments 23,335 - 23,335 20,612
Interest received 11,312 - - 11,312 27,598
Additions from Trust - - - - 2,003,000
Gift aid - - 500,000 500,000 -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 34,647 ] - 500,000 534,647 2,051,210
A2 Asset and investment sales,
(see table).
Sale of investments - - 831,425 831,425 35
Money Market return - - 83,692 83,692 -
Sub total - - 915,117 915,117 35
Total receipts 34,647 - 1,415,117 1,449,764 2,051,245
A3 Payments
Charitable Payments 80,000 - - 80,000 70,000
Investment Management fees 6,938 6,938 -
Trust administration fees (incl VAT) 13,949 13,949 5,582
Cash Management Fees 215 215 992
Bank Charges - - - - 12
Trust Setup Fee - - - - 3,000
- - - - -
- - - - -
- - - - -
Sub total [ 94,164 ] - 6,938 101,102 79,586
A4 Asset and investment
purchases, (see table)
Investment purchases - - 1,323,931 1,323,931 1,750,277
Money Market Investment - - 83,692 83,692
Sub total [ - ] - 1,407,623 1,407,623 1,750,277
Total payments 94,164 - 1,414,561 1,508,725 1,829,863
Net of receipts/(payments) - 59,517 - 556 - 58,961 221,382
A5 Transfers between funds 64,363 - 64,363 - -
A6 Cash funds last year end 19,620 201,762 221,382 -
Cash funds this year end 24,466 - 137,955 162,421 221,382
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CCXX R1 accounts (SS)
11/02/2026
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**|**Details**
Investment portfolio - Coutts
Investment portfolio - 7IM
**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Capital account
Income account
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**24,466**
**-**
**-**
**-**
**24,466**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Endowment**
**-**
**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 Company Limited (Trustee)|**Endowment**
**funds**
**to nearest £**
**137,955**
**-**
**-**
**137,955**
OK
**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**1,057,754**
**1,112,820**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
11 February 2026|
|---|---|---|---|
Signed by one or two trustees on behalf of all the trustees
CCXX R2 accounts (SS)
11/02/2026
2
## **Independent Examiner's Report to the Trustees of Seaview Charitable Trust**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 11[th] April 2025
## **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.
Katie Wilson FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
Date 11 February 2026