REPORT OFTHE TRiTSTEES AND AIJGUSTINE COiJRTAiIIII TrUST 8•y and 8¢op 618t•tion Rty Sudbury Spffolk COIO 2SP
Z AUGUSllNE COiJRTAiIIDTRiT8T CONfENTS OF Thx FINANCIAL STATEMENTS FOR THZ YEARENDED 14 FKBRUARY 2•24 R¢port•f th¢ Trrdth¢4 2 ts> 4 8 tt1 15 l6 ve•tmonts (Appe•dts l ) l7 19
THE AUGusfiNE COiIIiTAiILD TRUST FOR THE YEAREI¥DED 14 FEBRUARY 2024 TrUSTE Mr T1KKnaB Jyli¢n R¥klyff¢ C(XwtaUl D.L JTr. (Chairmaftj Th¢ Lord LIten of Mr8 JeniferTolllMwst. LI¢8¢ G¢Dernl Sir Anthony DenE8On-Smid¥ LBE. D.L. (retr 3( May 2023). DrL4)rraine Emity Crai8. The Rism Revereod Gull Fran¢i8knDehqant. Simon Robert Brke {AA)OInt W May 2ff23). CLERK TOTHE Tlltisrxis Mts Woodl¢¢ l Amph6 Place C03 3WO l Amph(Ya PlaL Colchwt C03 3WG 61 Ststiim Ro Sudbury Sufftilk C0102SP NatioNI Bonk PIC Hi8h Stre C09 2AG CAF BaDk Ltd 25 Kin Irdi We# Malin8 Kent ME19 4JQ 45 Gre8lMm Stt•ot
l4 F•bnthry 2024. The Chatit¥ble Thist h by D••d, dat¢d 15th Fe 1956 ond ik a Chrity no 226217. Thp TnJ81•¢s on pAge one bave 8evnd (hri08 th ye•r. Appoith¢nl of Trust¢¢s 1$ by the Trust of th¢ Trnht The Board ¢A Trusiw 1$ 4thhorwd The Truth miew the rn4ic¢ rwk whKh the Tn f on a ffgular bJ8is athl b¢litv• Ilwt Objth ••d for the publlt beMefi¢ The Tntstees ¢onfitm th•t they have Trr¢ed to th¥ guidan c4)nthinl in th¢ Chwhy Commi88iorfs genttal d ¥dlirytho y4ntmakin8 pDIi¢y. Gr*MtmAkiis P•8e2
REPORT OFTHE TRUSrnES FOR YEAR ENDED 14 FEBRUARY 1024 The Tn rrLzived a dLUti(o in 1956 from Augline court to h kept in pawty. The ¢4)ital of th• fwKI now amounts to over millioL Th¢ Tn& t)e¢d aUtIr th¢ Trust¢e8 to make and hold using th# d¢FA¢t t180f the TrusL I¢81¢t pimr83 and capitsl gro The Tnrt wb8¢qU¢ntty, wdd Ilkn to maimakn eapitsl alld inc(Mlle wlthln tl&e Tnwtltt line with intlatio Investments should be mathithle th¢ Tnthes would nol unl¢8$ spxi& autbEYith is ox Mbo(¢•rtakn holdlnp• No r¢8trf¢tioM. No re8trictioAS. Thv Tntee& have no ethi inv¢slment ¢4)Dstraints to beborne in mind in to14tTh toihe TrusL A kng torm polkyls 4x)ropriot¢ 8nd wforniBwA of Tru8t will be kKknI It Riik proffl Mlum, Stratr8y C. (botsd invuts)wThts 8Th1 Qh. On• hoklin& Hunt Proprt5 Limited. RHprYN pollcy It Is the poli¢y of the Tn to funth at a Iwtj whioh ¢qtyat¢8 to qwoximatety 12 in the followinsy¢K.
IYIK AUCU8TJNE COURTAUU) Trils REPORT OF TRUSTEF FOR YEAR ENDED 14 FKBRUARY 2024 A¢c¢pt•l A1n1& Prn¢t1) knluding Finala1 R¢ytin8 StAndaTd 102 Th Fitt¢11 Rewting Stolldard 8pplkable in the UK •MI li•publkof Iro14lld'. Th• applic&bk to Chtrkk$ In EJ%knd and Walo the Ch¥itw A¢t 2011, cIlty (ALfOUrts and stamethts fur finwi41 yetr 8iv¢ g ttv¢ fair Yiew of the th of •ff•irn of the Trust aThd or th¢ itt¢118 •ppli¢ation of Te80wtt4 including the Inne and •xp• of thp Tru8t for . th 8uithblv wmtingpoli¢i@g arttl then ¥pty ikn tonsiy) . Lq>wTV¢ the mahods and prinelpkm ltt the Charity SORP, TtlI1 in ¢ompty wtth the Chfyrtti¢8 A¢t 20II, the Ch&rfty (Accthmts and Ryrt4) Re8vkntions 2fM and the Th¢ Ire re4%)nsibl¢ for the MAIthn int•Brity of the Tnt and f¢111 Infomi)n ilud¢d oo th¢ TrusV8 thi. tgi4lation in the UniteAi Kbwdom 8ov¢rnlng the PreptiOn thd and siwd on its knh&Lf by:
THE AvcusfThz COiJRTAiILD TRUST thÈ y¢•r¢Dded 14 F¢bTW 2024. AS the Thist¢4s of th¢ Thifjt you are ff8p)Q8ibJe ts th¢ prnpmdon of dw aclxwnts ill a¢a)rkn with th¢ ofth• Ch8riiw Aot2011 Act eanytD8 out my examinthi I have followyd all appli¢able givrn by th¢ CAMDmis8iOn ler Section 145(5Xb) ofthe ACL that th¢ acmts giv• a *yJ fair vi¢w whith is nc¢ a n)thr ¢onsidered •s part of an Inthpthdert Jokn FCCA Seaso and Stopps 61 Statlon ROAI Sthury Suffo C0102SP
IIOR THE YEARENDED 14 FEBRUARY 2024 14.2,24 14.223 ¥COh AND (4.001) 86 730 00 25,IX18 25.1x18 11.816 Chwitabl•dona(i(ms 45 GliD{lo&8?S) (SV96) 33566 (SX)296) 33566 (m,324) (5fj730) (4Q508) 705.703 R0cILTIoN OF T fimds iYou8bt foThvth4 61.564 50,IKM) 13W68 2.444,832 .739,129 501YXJ 2269538 a24
THE AUGUSTINE COURTAULD TRUST BALANCE SHEET 14 FEBRUARY 2024 14.2.24 Total funds 14.2.23 Total funds Unrestricted Restricted Endowment funds fund fund Notes FIXED ASSETS Investments 54,989 2.103,496 2,158.486 2.210.752 CURRENT ASSETS Debtors Investments Cash at bank 3,425 5,458 24.770 166,042 169,467 5,458 10 167,440 52,156 33,653 50,000 166.042 249,695 238.276 CREDrroRS Amounts falling due within one year (3,856) (3.856) (4,196) NET CURR£Nf Assrrs 50,000 166.042 245.839 234 080 TOTAL ASSETS LESS CURREIYT LIABILrriES 84,786 50.000 2.269.538 2,404,324 2,444,832 NET ASSETS 2 269 538 2 404 324 2 444.832 12 Unrestricted fvnds Restricted funds Endowm¢ftt funds 84.786 50,000 2 269 538 68,564 50,000 2.326,268 TOTAL FUNDS 2 404,324 2 444 832 The finan¢i41 ststemertts were approved by the Board of Trust¢es and authorised for issue on . and were signa on its behalf by.. Mr Thomas Julien Rad¢lyffe Courtauld, D.L J.P.- Trustee and ChairniAn Mrs Candida Natasha Perina Mary Ferner-Robsoti- Tnee The notes form part of these financial stat¢ments Page 7
FOR THE YEAR EP4DED 14 FEBRUARY 2024 ACCOiINllNC POLICIES The fitiaKi statEments of Ihe TrnsL whi¢h 18 a publi¢ lnofrt ¢Dtity und¢r FRS 102, hav¢ beo) iti a¢¢old with the Charities SORP (FIiS 102)'A¢cwthg and Rwting by C1wrth. with the Fiftallcial Rwtin8 Stwxtsrd applicabk in the UK 4t Rwbii¢ of It¢land (FRS 102) (6ff¢rtiYe l JAnuary 2019y. Fina14] RryorttDg stsnd& lin Tr FiDon¢ial R¢prtill8 Strd awlicthle in th¢ UK and Rybll¢ of Tr¢land and th• Chth Act 20II. The fillfin¢l slatffjw includ¢d at mw¢tvalu¢. It is probthlo thotth¢ Irt1 b•r¢¢¢Ave414nd th¢ Amount ¢an be reliabty. roquirnd iti xttlemeth amount of th¢ obliytion tan be Rliabty. FxFtrtilure . Gra8 off¢td bj which bg#n met at th¢ yw ¢nd dat• atw not¢d * a Costs of Th¥t a¢tivilie8 ¢omNI8è 811 cthts in the p1t0fth& sits tsf th¢Th of the TnL8tse4. *TiSing on fund can b¢ in wilh th¢ obj¢cts of the ThF8t and is IM4ud as unr¢8tdotsJ ine(ffj¢. Any ¢apitsl 8aiM or k>&w arlsln8 on tho ithvestmets fonn wt of th• fid.
THE AUGUSTINE COi7RTAiIUI TrUST FOR YXAR ENDED 14 FEBRUARY 2024 thot r¢8uft in th¢ r¢cognhko of 8$8¢ts aod itsbiliti¢s withio tho fmtt¢ia18t4tall¢nts. Itt$e 8tMted at mfikn Wal and IB w Appthmllx l (ttoted is tht The Thlis¢d 88iOS DONAllONSAND 14.224 142.23 100 Hale•l & DIl¢t Lal Higkny &Ki¢ty- Writt¢n off 14.224 14123 Invethettt Iorne (AFqJMdix l) 63J24 22.793 75 538 49,129 10,411 761 14.2.24 14223 Admlnlsts*lon ohory¢ 14.974 3.138 7283 1196 41 6 658 90 Website deVek)pmt
FOR THE YEARENDZD 14 FEBRUARY 2024 the yev 14 Feiuw 2023. There wffe noT[Wt r¢Ambw8•m•tsduring year. (21Y23 . £1.130). TAX RECOVERA (Appemdlx l) Tax R¢pay4ble 83 52635 526JS 613.54 Nil Nil NAI Nil Altschitig are fulfill•J. Grants offered $ubj¢¢t to co11¢106 whi¢h [1 be¢n met at tho yw eThl Amout £ Tho C1rd SAiliry Th RCCE 1500 PrnAler-Willi sYtrA$Jl UK Bar and Bu8 Tn1 Castle Point Social Car &1# Llnth¢d Daw8 Hall Wekle lo th¢ilK Sth#h¢nd Foodbmnk Kool Carer# South FAst 1.500 1.51X) 1.SlX) 1.SlX) i.o(M) BislwB DIrItionary Fuod Off ikn StrE¢ts Fr4n(lie8 ill Fcou8 Ewx S•&-Chw¢ Saility Tnt B10880me CIC Wildeme&8 FoMthtI UK SNAP Pwlo
THE AUGUSTINE COURTAIJIJ) TRUST FOR YEARENDED 14 FEBRUARY WA4 GRANI8 MADE BYTBE TRUSTKXS AT TEEIR 2023 MErriNG. eonthived Br¢atc&thol1Q S1 Grove CottA8Q St Clwrth Sign Post Hcye fcff African Communiti St Clare Hospi¢¢ Y¢8 Futurns 500 500 500 soo 500 500 500 Essex PlayiD8 Fieldg Aswia Blacknnore End Vill4¢ H811 14.2.24 14223 1,500 l925 1,398 ArnollLts *ll¢r Thore thAn one y¢v: Hunts Pro1¢5 Limit¢d-8ak of land ba1ce IfA042 166,042 14.2.2A 14.223 Pwll
FOR YEAR KNDKD A4 FKBRiIARY 2024 14124 14.2.23 Oth¢rcrditOTS At 15.223 At 142.24 16222 84,786 William Hurt Th 51l(X)) 50.14Y) Endowmettt fan 26208 (56.730) 2269,538 NetiN)vwnt in tund& Ihthd iAth¢ th)ve We &q follows: fi"d9 UnrnB*rkted 86,730 {70508) 16222 Elldowment fdDd• {5A730) (56,730) 70 Pw12
THE AUGiisfJNE CoiiRTAIjI TRifsT FOR THE YEAR XNDKD 14 FEBRUARY 2•24 12. CoTrpAr•ilv•N for noveme In fonds Net 15.222 in fi&8 14223 70,530 {1,966) WIIIIAM Hunt Trnrt 1,618.599 707.669 2,326268 ComEwative ttet movejllent in inch¥Jed In the above ar¢ as follows: r¢souroq8 oxpeodAI loas•G fimds Ullratrl¢tsd fu•d8 -5fj300 (.266) (1,966) 707,669 707.609 P4t13
FOR THE YEAR ENDXD 14 FEBRUARY 2024 12. m0vEPa IN FU. wnll•q¢d A ¢UTr¢rf year 12 monthsarMI bYlcty 12 moth$a)mbined is as followg: Net ov4m•nt in fund8 At 152.22 14224 70,530 14256 84,786 William Hunt Th so.o Elldornt 1.61&599 65Q939 2269,538 A ¢urr¢nt )w 12 mond prlorythr 12 molth ¢ombhd n¢t rt]ovement in fiJnd& IlUtsI io th¢ ai)ve aro a8 folh)w&' laq5es in funds 143.030 {IA773) 14257 650,938 650938 (128 773 650 938 Th•r¢ w¥• no p9rtytrWtiOll$ forth¢ y¢fir ¢nded 14 F¢bru*y 2024. P4è14
THE AiIGusfiNE COiJRTAIILD TRUST FOR THE YEAR ENDKD 14 FEBRUARY 2•24 FEES FOR fxAMINATION OF AccouNrs 14.ff224 14.In.23 3 138 196 P88e ij
ThE AUGUSTINK COIJRTAiTLDTRU8T DKIAILED STATEMENT OF FINANCIAL AciivrrJEs FOR THE YEAR ENDED 14 FEBRUARY2•24 142.24 14.2.23 {4.fAII) lllY¢JtsneLt itieome (Appeth J) 86.117 75 538 59,540 761 60 Total Int•ml•¥ rYvJMre 16.730 56JOO 14,974 3,138 238 2,196 41 25.008 11.816 58 Flet inthn(tIPedl1e) bel•Tr pin• IA222 {1.966) Unreal18 iThvesthwnt yin8 (késffj) Rethlil 8ainrfk)98) {90296) (277JU) Y4•t (C4Mdil•retom* Pw16
13 11! a Il ,Ila l- 15 1113
li'.11 93 82 13