## **CHARLES DAVIS TRUST** ## **Trustees Annual Report 2024-2025** The Charles Davis Trust have carried out the aims of the Trust according to the wishes of Charles Davis, a London business man, who died on 11 November 1716 and established this Trust in his will. He wished to help the elderly people of Maidenhead, aged over 70 years, by inviting them to apply for assistance from the Trust each year. The successful applicants in those early years were each given a sack of coal to help them through the winter months. They are now given a Sainsbury’s voucher to help with their winter food bills. This is funded by the interest and dividends which has accumulated during the past year and drawn down from the Investment Company – in this case Rathbones Investment Management. The funds which are used today are as a result of his wise investment and generosity over 300 years ago. During this year the Trustees were pleased to accept funds from the Samuel Lewis Charity as a result of this being closed (confirmation received from the Charity Commission). The aims of this charity were the same as those of the Charles Davis Trust, and the few remaining recipients were invited to apply to the Charles Davis Trust going forward. During the year 2024-2025 the Trust received 145 successful applicants and they collected their vouchers whilst attending a service of worship at St. Mary’s Church in Maidenhead on 14 November according to the wishes of Charles Davis. The Trustees have been pleased to carry out his wishes and will continue to do so in the years ahead. Jenny Taylor Clerk to the Trustees |||**THE CHARLES DAVIS TRUST**|**THE CHARLES DAVIS TRUST**|**THE CHARLES DAVIS TRUST**|**THE CHARLES DAVIS TRUST**|**THE CHARLES DAVIS TRUST**||| |---|---|---|---|---|---|---|---|---| |||||||||| ||**RATHBONES INVESTMENT MANAGEMENT**|||||||| |||||||||| ||**RECEIPTS FOR THE YEAR ENDED 31 MARCH 2025**|||||||| |||||||||| |||||||||| |**DESCRIPTION**||||**RECEIPTS**|||**RECEIPTS**|| |||||||||| |||||**2024**|||**2025**|| |||||||||| |Rathbones Investment accounts b/f||||£312,293.00|||£313,224.00|| |||||||||| |Transfer to Lloyds Bank||||-£14,925.00|||-£13,000.00|| |||||||||| |Increase(Decrease)during year||||£2,931.02|£300,299.02||-£3,085.03|£297,138.97| |||||||||| |Rathbones Investment Management Non-Endowment||||||||| |||||||||| ||Interest|||£77.46|||£128.82|| ||Fixed interest|||£209.65|||£294.50|| ||Unit trust - interest|||£608.94|£896.05||£599.48|£1,022.80| |||||||||| |||||||||| |Rathbones Investment Management Endowment||||||||| ||Interest|||£76.20|||£91.78|| ||UK Equities|||£761.63|||£778.70|| ||UK Fixed Interest|||£469.49|||£470.21|| ||UK Unit Trust - Dividends|||£2,577.66|||£2,405.34|| ||UK Unit Trust - Interest|||£1,215.01|||£1,305.18|| ||UK Investment trusts - dividends|||||||| ||Overseas Equities|||£3,564.16|||£3,102.97|| ||Overseas Fixed Interest|||£383.61|||£440.68|| ||Investment Trusts - dividends|||£2,918.15|||£3,000.28|| ||Other Income|||£63.02|£12,028.93||£252.09|£11,847.23| |||||||||| |Rathbones Investment accounts c/f|||||**£313,224.00**|||**£310,009.00**| page 5 THE CHARLES DAVIS TRUST Charity Number 202893 ANNUAL ACCOUNTS 1 APRIL 2024- 31 MARCH 2025 I have examined the accounts on pages 3 to 5 and confirm that in my opinion the Accounts represent a true and fair view of the Trust's state of affairs on 31 st March 2025 Name: Signed: Date.. Jenny Taylor. Clerk to the Trustees, St. Mary'$ Church Office, St. Ma￿8 Close, 14 High Street, MAIDENHEAD, Berkshire SL6 1 YY Tel. No. 01628 638866 email= jenny@thelaylorsmaidenhead.co.uk www.stmarysmaidenhead.org Page 1