STJAMES TRUST Trustees Annual Report 2025 Legal and Administrative SeNi¢es Charity Name charity Commission Registered No. Financial Year commencing Financial Year ending Charity Addre55 St James Trust 203902 01.04.2024 31.03.2025 25 St Johns Crent, Trowbridge, Wilt5. BA14 9EZ Description of the Trust Goveming Document- The Charity Commission Scheme of 4 January 2002 Objerts of the Charity-To relieve persons who are residents of Trowbridge and Six surrounding villages who are in conditions of need, hardship, or distress. Relief may be given in the form of grants of money, paying tor goods. services, or facilities, or making grants to other persons or bodies who provide these seNice& Professional Athisors Bankers Santander UK pk, 2 Triton Square, London, NWI 3AN cc Investment Management. Senator House, 85 Queen Wictoria Street, London, EC4V 4ET Solicitors BLB, S Roundstone Street. Trowbridge. BA14 9HD Stockbrokers Anthony Stillwell of QuiFter Cheviot, of Senator House, 85 Queen Victoria Street, London, EC4V 4AB Land Agent Robert Quartley FRICS, Quartley Surveyors, The Coach House, IA Clarendon Road, Trowbridge. Wilts. BA14 7BR Independent Examiner Go¢xling Accounts Ltd. Holloway House. White Horse Business ParL Epsom Square. Trowbridge BA14 OXG Trustees and Governance The fi St James Trustees were appointed on the 5 February 22. Underthe temis of the scheme, the Rector of St James Church is a trustee by virtue of his offi. One trustee is nominated by the PCC of st James and two by the Town Council. Up to three trustees can be co-opted. On appointrnerrt, a trustee serve5 for a period of four years. Usually. they visit applicants and learn more about the people in need in our local communty.
Current TN5te¢s Reverend Jake EgEertsen Mr Richard Westwood Ichairmanl M5 Dilys Beckett (Treasurer) Mrs clair Matthews Mr David Cavill Mr Stewart Palmen {St James) {Co-OPted) {Co-OPted) ICo-OPtedl {Town Council) rrown Council) Ros Histed was removed. Jennrfer Payne resigned and Dilys Beckett was c(HJPted in. Activilies and AthIements Applicants can apply for grants from the l January to the closing date on 15 March each year. In 2024. at the Civic Service on the 14 July £40,490 was issued in grants. The Valuation of the Trust Funds as 31 March 2025 amounted to £1.655,335.15. Completion date of the sale of the land to the developers was the January 2025. The price forthe sale of the land after deductions was £¥235.250. The first 50% £575,566.65 was paid in this financial year. sin the fomiation of the Trust in 1996, EI,000,(KK) have been given to charities and organisations working in the Trowbridge area. Pohcies Reserves Policy The Trust hold5 a fund our Sarrtander Account ill se of any emergency which may arise during the year. We hold enough within our investments to ride out current investment drops due to government policies or banking sector scares on the stock exchange. Grant Making Policy As there are many established organisations in the area helping those in need and new groups being fomied. the Trustees made the decision to give funds to groups and not to individuals. Fundingfrom statutory bodies is being severely cut back and curtailsthe help that can be given. and gmup5 are retying even more on tharitable trusts for funding such as the Trust. Investment Selection Policy The Trust was formed by the amalgamation of several old charities which had distributed bread, coal and blankets to the poor of the town. Initial funds have been boosted by the sale of land for development and a new Trust was fomied 1996, with funds being managed by Charles Stanley & Co Ltd to handle the portfolio. They were instructed to obtain a good balan between income for distribution under the terms of the Trust. while allowing for capital growth to ensure that the Trust could fulfil its role in future years. The firm acted in an advisory capacity only and all decisions were taken by the Trustees.
We are now established wfth Quilter cheviot who are now managing ourfund. Administration Update The grant application proceduie has worked well for a number of years and the Trustees have a very gcKJd overview of the various charities in the area of benefrt. Our application form is available online via our webstte- stjame5trust.orE. As we come to the end of this financial year. considering the finarbcial OLrtlook and world events. we believe the Trust is in a strong finar7aal p051tion. We have financial advisors to manage our funds and we are in the process of selling the field5 for the benefit of the Trust and future reapients of Declaration and signature I declare, in rny capacity of tharity trustees. that: The Trustees have approved the Report and the attathed Account5 and have authorised me to sign it on their behalf. Signed: Full Name: Richard Jonathan Westwood Date: st James Trust Reostwed Chlty1*). 203902
ooding CCOUNTS EMPOWERING YOUR FUTURE www.goodingaccounis.co.uk Report to the membeTr of: St James Trust On accounts for tbe year ended: 31 March 2025 Respectiverespoosibi]Atiesof The Treasurer as appointed by St. J2m&8 Ttust is trustees and examiner rc5pon5ible for the preparatson of thc accounts. The Trust consider that 1] In depth audit is not reqwred for this year and that a thorough independent exlmirlltion is needed. It is my responsibility to: exarnine the 2ccounts. confirm that the figures present a true and f"r view OF the position. to statc whether parti12[ matters have come to tny attention. Ba618 of independent e2taminee8 My eTaJDination was carried t in accordancc Trvith general statement Directions gven by the St. James Ttust and Accountancy bodies. An examinatioft includes a review oFthe accounting records kept by the Trust and a comp'krison 06the accounts ptesented with those records. It also includes consideration of any unusual items or disclosurcs In the accounts 2nd seektng explanations Irom the Treasurer conceming any such matters. The procedures undcrts)Jtcn do not provide 211 the eviden that would be required In an audit, and consequently no opinion is given as to whether the accounts present a true and Fair, VAew 2nd the report is limited to those nutters Set out in the st2tanent bdow. Partr5...%AM lknx1iiigFaIFFAThFs ltsi)" B5¢F Company N<Y IWNIX-.4IE? Resi5teied in EngIandandw•sa. Arcounrs ftw.sted Ofke.. Holkjww FI. I.".?L %4uJre.'I"nth*e. WlIrt A414 OXC. ICAEW CHARTERED ACCOUNTANTS
Independent examiner's In connectton with my examination, no matter has come to my 8tatement attention which gives me teasonable cause to believe that sn. any rnatCll21 respect, the requiremcnts: to keep accounttng records in accordan with regn]lir Accounting procedures. to prepare accourtts whith accord with thc accounting records and comply with the necessary aLiounting requirements of the St James Twst. have not been metr, or 2. to whjch. in my opirllon,'&ttention should be drawn in order to enable a proper understanding of the accounts to be reathed. which would gve rise to any concern in rdation the 11 disd05ure of all finanaa] matters in tdation to thc St James Trust. Signed: Date: 28/01 /2026 Name: Katy Go(Klmg Relevant professional qua]ification(s) or body: IC4EW AddresB: Gooding Accounts Ltd Ilolloway House. Epsom Squar4 Trowbridge WiltsFllre BA14 OXG
Financial Year EndiTrd 31 Mah 2025 Sartander Business Account No: 43618668 Balance BIF COIF Deposit Fund for Grants Qullter Cheviot Dividends CCLA Dividends COIF Investment Interest Newland Homes/Capita Newland Homes/lnterest 31.077.17 0.00 40.033.94 Grants Ecdesiastlcal Insurance Quilter (heviot Admin 40.4].00 642.78 575,566.65 291.60 552.38 575,566.65 4,810.74 Balan CIF 35,049.85 652.040.88 651040.88 COIF Charity Deposlt Fund Balance BIF Charles Stanley Dividends Interest 24,157.95 Transferfor Grant5 5,000.00 1,196.78 Balance CIF 25,354.73 25,354173 25,373 TheTrust ha5 a Permanent End(r*ment Fund Valuatio Quilter Cheviot CCLA Charity Deposit Fund CCLA COIF Income Units Santander Business Account L575,566.85 25,354.73 19,363.72 35.049.85