
## **Trustees’ Annual Report for the period** 

## **From 05 July 2024 To 04 July 2025** 

**Charity name: The Future Echo Charitable Trust Charity registration number: 1205366** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|To hold the capital and income upon trust to<br>apply the income and all or such parts of the<br>capital at such time or times and in such a<br>manner to or for the benefit of such<br>exclusively charitable objects and purposes<br>in any part of the world as the Trustees may<br>in their absolute discretion think fit.|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>accounts.|Para 1.17 and<br>1.19|In furtherance of the charity’s objects for the<br>public benefit the trustees provide grants. In<br>determining the charity’s activities, the<br>trustees have had regard to the Charity<br>Commission’s guidance on public benefit.|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|In determining the charity’s activities the<br>trustees have had regard to the Charity<br>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** 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|During the year under review the charity<br>made grants to the following charities<br>totalling £40,000.00<br>•<br>Appeer Community Interest<br>Company<br>•<br>The Rainbow Trust Children's<br>Charity<br>•<br>Save the Children<br>•<br>The Honeypot Children's Charity|



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

|Achievements against<br>objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41||
|Investment performance<br>against objectives|Para 1.41||
|Other|||





## **Financial Review** 

|**Financial Review**|||
|---|---|---|
|Review of the charity’s<br>financial position at the end<br>of the period|Para 1.21|In addition to the free reserves the charity<br>has bank balances of £94,561 (2024:<br>£132,870) and investments valued at<br>£642,142 within the expendable endowment<br>fund which can be released to support the<br>activities of the charity.|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|The Trustees pursue a policy of maintaining<br>a free reserve available to be spent in the<br>furtherance of the charity’s objectives as<br>well as covering future needs, opportunities,<br>contingencies and risks.|
|Amount of reserves held|Para 1.22|At the end of the reporting period the charity<br>had free reserves of £21,533 (2024:<br>£13,371).|
|Reasons for holding zero<br>reserves|Para 1.22|N/A|
|Details of fund materially in<br>deficit|Para 1.24|No funds in deficit|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23|N/A|





|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|
|---|---|---|
|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47||
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46||
|A description of the principal<br>risks facing the charity|Para 1.46||
|Other||Expendable endowment funds are those<br>which are required to be invested to produce<br>income, but which may be transferred to<br>unrestricted funds at the discretion of the<br>trustees in order that they may be expended<br>in furtherance of the charity’s objectives.<br>Unrestricted income funds are available for<br>use at the discretion of the trustees in<br>furtherance of the general objectives of the<br>charity and which have not been designated<br>for other purposes.|



## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document|Para 1.25|Trust deed dated 05 July 2023|
|How is the charity<br>constituted?|Para 1.25|Trust|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|Trustees are appointed by the settlors<br>during their lifetime and subject to this by the<br>trustees from time to time|





|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|
|---|---|---|
|Policies and procedures<br>adopted for the induction<br>and training of trustees|Para 1.51||
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51||
|Relationship with any related<br>parties|Para 1.51|No trustee received any remuneration or<br>was reimbursed any expenses in the year<br>under review.<br>Ludlow was paid £6,520 (2024: £5,543) for<br>trust administration and cash management<br>fees during the year under review.  These<br>fees are authorised under clause 9 of the<br>trust deed.<br>The trustee Tamsin O’Luanaigh declared<br>she has an indirect interest in Appeer– CIC<br>and would not therefore take part in<br>consideration<br>of<br>the<br>proposed<br>grant.<br>Similarly, Patrick O’ Luanaigh, as spouse of<br>Tamsin<br>O’Luanaigh,<br>and<br>Charlotte<br>O’Luanaigh, as the daughter of Tamsin<br>O’Luanaigh, were also conflicted. This was<br>approved by Ludlow Trust Company.|
|Other|||



## **Reference and Administrative details** 

|Charity name|The Future Echo Charitable Trust|
|---|---|
|Other name the charity uses|None|
|Registered charity number|1205366|
|Charity’s principal address|Ludlow Trust Co Ltd, Tower Wharf, Cheese Lane, Bristol,<br>BS2 0JJ|





## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4|**Trustee name**<br>Ludlow Trust<br>CompanyLimited<br>Patrick Gavin<br>O'Luanaigh<br>Charlotte Faith<br>O'Luanaigh<br>Tamsin Patricia<br>O'Luanaigh|**Office (if any)**|**Office (if any)**|**Dates acted if not for whole**<br>**year**|**Dates acted if not for whole**<br>**year**|**Name of person (or body) entitled**<br>**to appoint trustee (ifany)**|
|---|---|---|---|---|---|---|
||||||||
||||||||
||||||||
||||||||
||**Corporate trustees– names of the directors at the date the**||||**report was approved**<br>**charity**<br>**others**||
||**Director name**||||||
||Gary St John Collins||||||
||Walter Duncan Coxon||||||
||Ali Reza Sarikhani||||||
||Ziba Christina Sakine<br>Sarikhani||||||
||Christopher Ian Thurlow||||||
||Matthew John Wickers||||||
||John Stephen Dennis||Resigned on 25/10/2024||||
||**Name of trustees holding title to property belonging to the**||||||
||**Trustee name**||**Dates acted if not for whole year**||||
||||||||
||||||||
||**Funds held as custodian trustees on behalf of**||||||
||Description of the assets<br>held in this capacity||N/A||||
||Name and objects of the<br>charity on whose behalf the<br>assets are held and how this<br>falls within the custodian<br>charity’s objects||N/A||||
||Details of arrangements for<br>safe custody and<br>segregation of such assets<br>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**<br>**Name**<br>**Address**|||
|**Investment Managers**|Coutts & Co|Coutts & Co, 440 Strand, London WC2R<br>0QS|
|**Bankers**|Coutts & Co|Coutts & Co, 440 Strand, London WC2R<br>0QS|
|**Accountants**|Charter Tax Consulting<br>Limited|8th Floor, 1 Southampton Street, London<br>WC2R 0LR|
|**Independent**<br>**examinator**|James O’Rourke|Blue Spire Limited, Cawley Priory, South<br>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)** Nikki Image **Position (eg Secretary,** On behalf of Ludlow Trust **Chair, etc)** Company Ltd (Trustee) **Date** 18 March 2026 




|**The Future Echo Charitable Trust**|**The Future Echo Charitable Trust**|**The Future Echo Charitable Trust**|**1205366**|
|---|---|---|---|
|**Receipts andpayments accounts**||||
|**For the period**<br>**from**|05/07/2024|**To**|04/07/2025|



## **CC16a** 

|**Section A Receipts and payments**|**Section A Receipts and payments**|||||
|---|---|---|---|---|---|
|**A1 Receipts**|**Unrestricted**<br>**funds**<br>**to the nearest      £**<br>**3,566**<br>**4,515**<br>**489**<br>**-**<br>**8,570**<br>**-**<br>**-**<br>**-**<br>**8,570**<br>**40,000**<br>**-**<br>**600**<br>**6,344**<br>**180**<br>**175**<br>**-**<br>**-**<br> **47,299**<br>**-**<br>**-**<br> **-**<br>**47,299**<br>**-                38,729**<br>**46,911**<br>**13,371**<br>**21,553**|**Restricted**<br>**funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Endowment funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**628,598**<br>**-**<br>**628,598**<br>**628,598**<br>**-**<br>**288**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**288**<br>**619,708**<br>**-**<br>**619,708**<br>**619,996**<br>**8,602**<br>**-                          46,911**<br>**132,870**<br>**94,561**|**Total funds**<br>**to the nearest £**<br>**3,566**<br>**4,515**<br>**489**<br>**-**<br>**8,570**<br>**628,598**<br>**-**<br>**628,598**<br>**637,168**<br>**40,000**<br>**288**<br>**600**<br>**6,344**<br>**180**<br>**175**<br>**-**<br>**-**<br>**47,587**<br>**619,708**<br>**-**<br>**619,708**<br>**667,295**<br>**-                30,127**<br>**-**<br>**146,241**<br>**116,113**|**Last year**<br>**to the nearest £**|
|Income from investments|**3,566**||||**-**|
|Interest received|**4,515**||||**14,184**|
|Other Income - Compensation|**489**||||**-**|
|HMRC Gift Aid|||||**150,000**|
|Additions|**-**||||**600,000**|
|**_Sub total_**_(Gross income for_<br>_AR)_|**8,570**||||**764,184**|
|||||||
|**A2 Asset and investment sales,**<br>**(see table).**||||||
|Sale of investments|**-**||||**-**|
||**-**||||**-**|
|**_Sub total_**|**-**||||**-**|
|**_Total receipts_**<br>**A3 Payments**||||||
||||||**764,184**|
|||||||
|Grants awarded|**40,000**||||**10,000**|
|Investment Manager Fees|**-**||||**-**|
|Accountancy|**600**||||**-**|
|Trust administration fees|**6,344**||||**4,974**|
|Independent Examiners fees|**180**||||**-**|
|Cash Management Charges|**175**||||**569**|
|Coutts Advice Fee|**-**||||**2,400**|
||**-**||||**-**|
|**_Sub total_ **|**47,299**||||**17,943**|
|||||||
|**A4 Asset and investment**<br>**purchases, (see table)**||||||
|Investmentpurchases|**-**||||**600,000**|
||**-**|||||
|**_Sub total_ **|**-**||||**600,000**|
|**_Total payments_**<br>**_Net of receipts/(payments)_**<br>**A5 Transfers between funds**<br>**A6 Cash funds last year end**<br>**_Cash funds this year end_**||||||
||||||**617,943**|
|||||||
||**-                38,729**|**-**|**8,602**|**-                30,127**|**146,241**|
||**46,911**||**-                          46,911**|**-**|**-**|
||**13,371**||**132,870**|**146,241**|**-**|
||**21,553**|**-**|**94,561**|**116,113**|**146,241**|



CCXX R1 accounts (SS) 

18/03/2026 

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**|**Section B Statement of assets and liabilities at the end of the period**|||
|---|---|---|---|---|---|---|
|**Categories**<br>Signed by one or two trustees on<br>behalf of all the trustees<br>**B5 Liabilities**<br>**B3 Investment assets**<br>**B2 Other monetary assets**<br>**B4 Assets retained for the**<br>**charity’s own use**<br>**B1 Cash funds**|**Details**<br>Investment portfolio<br>**Details**<br>**Details**<br>**Details**<br>**_Total cash funds_**<br>(agree balances with receipts and payments<br>account(s))<br>**Details**<br>Capital account<br>Income account<br>Signature|**Unrestricted funds**<br>**to nearest £**<br>**-**<br>**21,553**<br>**-**<br>**21,553**<br>OK<br>**Unrestricted funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which asset**<br>**belongs**<br>**Endowment**<br>**Fund to which asset**<br>**belongs**<br>**Fund to which liability**<br>**relates**|**Restricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>OK<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Amount due**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**||**Endowment**<br>**funds**<br>**to nearest £**||
||||||**94,561**||
||||||**-**||
||||||**-**||
||||||**94,561**||
||||||OK||
||||||**Endowment**<br>**funds**<br>**to nearest £**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**Current value**<br>**(optional)**||
||||||**642,142**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**Current value**<br>**(optional)**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**When due**<br>**(optional)**||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
|||Print Name<br>Nikki Image on behalf of Ludlow Trust<br>CompanyLtd(Trustee)|||Date of<br>approval|6|
|||Nikki Image on behalf of Ludlow Trust<br>CompanyLtd(Trustee)|||18 March 202||
||||||||



||Print Name||Date of<br>approval||
|---|---|---|---|---|
||Nikki Image on behalf of Ludlow Trust||18 March 2026||
||CompanyLtd(Trustee)||||
||||||



CCXX R2 accounts (SS) 

18/03/2026 

2 



## **Independent Examiner's Report to the Trustees of The Future Echo Charitable Trust** 

I report to the charity trustees on my examination of the accounts of the charity for the year ended 4 July 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. 


James O’Rourke FCA Date 19 March 2026 Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY 

