SCHUSTER CHARITABLE TRUST
REPORT AND ACCOUNTS
FOR THE YEAR ENDED 5 APRIL 2025
REGISTERED CHARITY 234580
mca Shepherd Smail Chartered Accountants Unit 5 Priory Court Priory Estate Poulton Cirencester GL7 5JB
SCHUSTER CHARITABLE TRUST
YEAR ENDED 5 APRIL 2025
INDEX
| Independent Report | 1 |
|---|---|
| Trustees Annual Report | 2 |
| Balance Sheet | 3 |
| Capital Account | 4 |
| IncomeAccount | 5 |
Notes
6
SCHUSTER CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
YEAR ENDED 5 APRIL 2025
We report on the accounts of the Trust for the year ended 5 April 2025, which are set out on pages 2 to 6.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is our responsibility to:
examine the accounts under section 145 of the 2011 Act;
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and state whether particular matters have come to our attention.
Basis of independent examiner's report
Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking
explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with our examination, no matter has come to our attention which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the 2011 Act, and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act, have not been met; or to which in our opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached.
mca Shepherd Smail Unit 5 Priory Court alia - five < ‘ | Priory Estate Poulton Cirencester GL7 5JB 7 DATE | Orche’ 2028
1
SCHUSTER CHARITABLE TRUST
TRUSTEES ANNUAL REPORT
YEAR ENDED 5 APRIL 2025
Charity’s Principal Address
Charity's Trustees
Charity’s Governing Document
) Charity’s Objects ;
Activities & achievements Approved by the trustees
,
New House Farm Nether Worton Chipping Norton Oxon OX7 7AX
Joanna V Clarke Richard D Schuster New House Farm The Grange Nether Worton Over Worton Chipping Norton Chipping Norton Oxon Oxon OXT FAX OX? FES Nicholas O Clarke = HannahF Poulton New House Farm USA Chipping Norton Oxon ‘ OXF TAX
Trust Deed dated 9 March 1964
The trustees are empowered to utilise the assets of the trust for *charitable purposes” Le. purposes which are exclusively charitable according to English law, and to expend the net income of the trust to "Charitable Foundations” i.e. foundations or institutions (whether corporateor not) and trusts and undertakings established for charitable purposes.
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income allocated is detajied in Note 4 of the accounts
Joanna V Clarke: Bon ce
Richard D Schuster: ‘ j Oe \ A ee
Hannah
F Poutton: ‘s APA
DATE _2 20k Sepe3 fiber Bey, IN75ee
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2
SCHUSTER CHARITABLE TRUST
BALANCE SHEET
AS AT 5 APRIL 2025
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||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Income|Capital|Total|
|ASSETS|
|4/15th|of|land|in|the|County|of|Argyll|
|per|Deed|of|Gift|8|May|1984|-|Note|1|-|3,965.50|3,965.50|
|COIF|Charities|Inv|Fund|Inc|U|1,119.58|1,865,337|.94|1,866,457.52|
|Cash|
|CAF|account|49,050.93|(5,512.29)|43,538.64|
|CAF|Gold|account|20,277.15|-|20,277.15|
|70,447.66|1,863,791.15|1,934,238.81|
|LIABILITIES|
|Accountancy|588.00|-|588.00|
|NET ASSETS|69,859.66|1,863,791.15|1,933,650.81|
|CAPITAL|ACCOUNT|-|page|4|-|1,863,791.15|1,863,791.15|
|INCOME|ACCOUNT|-|page|5|69,859.66|-|69,859.66|
|69,859.66|1,863,791.15|1,933,650.81|
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3
SCHUSTER CHARITABLE TRUST
CAPITAL ACCOUNT
YEAR TO 5 APRIL 2025
Balance at 6 April 2024
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1,863,791.15
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Add: Capital introduced - Less: Capital fees - Balance at 5 April 2025 1,863,791.15
4
SCHUSTER CHARITABLE TRUST
INCOME ACCOUNT
YEAR TO 5 APRIL 2025
| Interest | 375.68 | |
|---|---|---|
| Dividends | 56,377.12 | |
| Renton land in the County of Argyll | 112.00 | |
| 56,864.80 | ||
| Less: Adminstration expenses | ||
| Secretarial expenses | 83.30 | |
| Bank charges | 60.00 | |
| Accountancy | 588.00 | |
| 731.30 | ||
| 36,133.50 | ||
| Distribution Account | ||
| Balance at 6 April 2024 | 54,776.16 | |
| Add: Surplus income for the year (see above) | 56,133.50 | |
| Less: Donations - Note 3 | 41,050.00 | |
| Balanceat5April2025 | 69,859.66 |
3
SCHUSTER CHARITABLE TRUST
NOTES
- A Deed of Gift dated 8 May 1984 and a disposition dated 31 May 1984 are held, regarding 4/15th of land near Bridge of Awe in the County of Argyll gifted by the Honourable Lorna Frances Schuster.
2. Donations made during the year
| Alice Marshall Hall Middle Barton | 1,000.00 |
|---|---|
| Blue Cross | 1,000.00 |
| CarersUK | 1,000.00 |
| Children's Hospital Pyjamas | 1,000.00 |
| Dementia Carers Count | 1,000.00 |
| Equilore | 1,000.00 |
| Fields In Trust | 2,000.00 |
| Freedom Kit Bags | 1,000.00 |
| Home Start | 1,000.00 |
| Hope & Homes for Children | 2,000.00 |
| Just Kidding | 1,000.00 |
| Katharine House Hospice | 2,000.00 |
| Maggie's Oxford | 1,000.00 |
| Medair | 2,000.00 |
| Overwith Nether Worton PCC | 6,300.00 |
| Oxford Playhouse | 2,000.00 |
| Oxon Historic Churches Trust | 1,000.00 |
| Polly | 750.00 |
| RABI | 2,000.00 |
| Sebakwe Black Rhino Trust | 1,000.00 |
| SeeSaw | 2,000.00 |
| Street Child | 2,000.00 |
| Support Dogs | 1,000.00 |
| The Parasol Project | 1,000.00 |
| The Theatre Chipping Norton | 1,000.00 |
| Thrive OX7 | 1,000.00 |
| Tusk Trust | 2,000.00 |
| 41,050.00 |
6