## **Trustees’ Annual Report for the period** ## **From 12[th] April 2025 To 11[th] April 2026** **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 objects of the charity are for the public
benefit to further such exclusively charitable
purposes according to the laws of England
and Wales in any part of the world (objects)
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 provide 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
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|| |Other||| ## **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 following charities
totalling £90,500.
•
Benenden School (Kent) Limited-
307854 (England) £50,000
•
Together With Africa-
1101864
(England) £10,000
•
Greater
Change
Foundation-
1188164 (England) £10,000
•
The British Paralympic Association-
802385 (England) £10,000
•
Multiple Sclerosis Society- 1139257
(England) £10,000
•
Haileybury
Society-
310014
(England) £500| **Additional information (optional)** You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Total incoming resources for the year were
£29,916 (2025: £34,647), comprising
investment income and bank interest.
During the year the charity made grants
totaling £90,500 (2025: £80,000), funded in
part by a transfer of £71,964 (2025:
£64,363) from the expendable endowment
fund to unrestricted funds to support grant-
making activities.
At the year end the charity held total cash
balances of £45,085 (2025: £162,421), of
which £22,714 (2025: £24,466) represents
unrestricted free reserves. In addition, the
charity held investments within the
expendable endowment fund with a market
value of £2,631,135 (2025: £2,170,574)
These funds are available at the discretion
of the trustees to support the charity’s
objectives.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|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.| |Amount of reserves held|Para 1.22|At the end of the reporting period the charity
had free reserves of £22,714 (2025:
£24,466).| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|No funds in deficit| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| ## **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||Expendable endowment funds are those
which are required to be invested to produce
income, but which may be transferred to
unrestricted funds at the discretion of the
trustees in order that they may be expended
in furtherance of the charity’s objectives.
Unrestricted income funds are available for
use at the discretion of the trustees in
furtherance of the general objectives of the
charity and which have not been designated
for other purposes.| |**Structure, Governance and Management**|**Structure, Governance and Management**|**Structure, Governance and Management**| |---|---|---| |Description of charity trusts:||| |Type of governing document|Para 1.25|Trust deed dated: 11/04/2023
Date registered: 06/07/2023| |How is the charity
constituted?|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)**
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:| |---|---|---| |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|No trustee received any remuneration or
was reimbursed for any expenses in the
year under review.
Ludlow Trust Company Limited was paid
£12,232
(2025:
£14,164)
for
trust
administration and cash management fees
during the year under review. These fees
are authorised under clause 9 of the trust
deed.| |Other||| ## **Reference and Administrative details** |Charity name|Seaview Charitable Trust| |---|---| |Other name the charity uses|None| |Registered charity number|1203883| |Charity’s principal address|Ludlow Trust Company Limited
First Floor
Tower Wharf
Cheese Lane
Bristol
BS2 0JJ| **Names of the charity trustees who manage the charity** |**Trustee name**|**Office (if any)**|**Office (if any)**|**Dates acted if not for whole year**|**Dates acted if not for whole year**|**Name of person (or**
**body) entitled to**
**appoint trustee (ifany)**| |---|---|---|---|---|---| |Ludlow Trust
Company Limited|||||| |Christina Elliott|||||| |Jonathan Elliott|||||| ||||||| ||||||| |**Corporate trustees– names of the directors at the date the**||||**report was approved**|| |**Director name**|||||| |Walter Ducan Coxon|||||| |Alexander Edward Mulroe||(Appointed on 01/04/2026)|||| |Ali Reza Sarikhani|||||| |Ziba Christina Sakine
Sarikhani|||||| |Christopher Ian Thurlow|||||| |Matthew John Wickers|||||| |Gary St John Collins||(Resigned 31/03/2026)|||| ## **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)** |**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
Seven Investment
Management LLP|2ndFloor, Trinity Quay II, Avon Street,
Bristol BS2 2DH
1 Angel Court, London EC2R 7HJ| |**Bankers**|Coutts & Co
Seven Investment
Management LLP|2ndFloor, Trinity Quay II, Avon Street,
Bristol BS2 2DH
1 Angel Court, London EC2R 7HJ| |**Accountants**|Charter Tax Consulting
Limited|8th Floor, 1 Southampton Street, London
WC2R 0LR| |**Independent Examiner**|Katie Wilson|Blue Spire Limited, Cawley Priory, South
Pallant, Chichester, PO19 1SY| ## **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)** Stuart Robinson **Position (e.g. Secretary,** On behalf of Ludlow Trust Company **Chair, etc.)** Limited (Trustee) **Date** 26 August 2026 ||**Seaview Charitable Trust**|**Seaview Charitable Trust**|**Seaview Charitable Trust**|**1203883**|**1203883**|**CC16a**| |---|---|---|---|---|---|---| ||**For the period**
**from**|12/04/2025|**To**||11/04/2026|| |||||||| |**Section A Receipts and payments**||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**26,413**
**3,503**
**-**
**29,916**
**-**
**-**
**-**
**29,916**
**90,500**
**-**
**12,123**
**900**
**109**
**103,632**
**-**
**-**
**-**
**103,632**
**- 73,716**
**71,964**
**24,466**
**22,714**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**360,520**
**-**
**360,520**
**360,520**
**-**
**10,186**
**-**
**-**
**-**
**10,186**
**393,954**
**-**
**393,954**
**404,140**
**- 43,620**
**- 71,964**
**137,955**
**22,371**||**Total funds**
**to the nearest £**
**26,413**
**3,503**
**-**
**29,916**
**360,520**
**-**
**360,520**
**390,436**
**90,500**
**10,186**
**12,123**
**900**
**109**
**113,818**
**393,954**
**-**
**393,954**
**507,772**
**- 117,336**
**-**
**162,421**
**45,085**|**Last year**
**to the nearest £**| |Income From Investments|**26,413**|||||**23,335**| |Interest Received|**3,503**|||||**11,312**| |Gift Aid|**-**|||||**500,000**| |||||||| |**_Sub total_**_(Gross income for_
_AR)_|**29,916**|||||**534,647**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| |Sale Of Investments|**-**|||||**831,425**| |MoneyMarket Return|**-**|||||**83,692**| |**_Sub total_**|**-**|||||**915,117**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**1,449,764**| |||||||| |Grants Awarded|**90,500**|||||**80,000**| |Investment Manager Fees|**-**|||||**6,938**| |Trust Administration Fees|**12,123**|||||**13,949**| |Independent Examiners Fees|**900**|||||**-**| |Cash Management Fees|**109**|||||**215**| |||||||| |**_Sub total_ **|**103,632**|||||**101,102**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| |Investment Purchases|**-**|||||**1,323,931**| ||**-**|||||**83,692**| |**_Sub total_ **|**-**|||||**1,407,623**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**1,508,725**| |||||||| ||**- 73,716**|**-**|**- 43,620**||**- 117,336**|**- 58,961**| ||**71,964**||**- 71,964**||**-**|**-**| ||**24,466**||**137,955**||**162,421**|**221,382**| ||**22,714**|**-**|**22,371**||**45,085**|**162,421**| CCXX R1 accounts (SS) 26/08/2026 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**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---|---| |**Categories**
**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|**Unrestricted**
**funds**
**to nearest £**
**-**
**22,714**
**-**
**22,714**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Endowment**
**Endowment**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to nearest £**| |||||**22,371**| |||||**-**| |||||**-**| |||||**22,371**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**1,265,046**| |||||**1,366,089**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**When due**
**(optional)**| |||||| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| Signed by one or two trustees on behalf of all the trustees ## Signature |Print Name
Stuart Robinson on behalf of Ludlow
Trust CompanyLimited(Trustee)|Date of
approval| |---|---| |Stuart Robinson on behalf of Ludlow
Trust CompanyLimited(Trustee)|26 August 2026| ||| CCXX R2 accounts (SS) 26/08/2026 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 April 2026. ## **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. 3. accounts comply with regulations 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 26 August 2026