The Everest Trust
Registered Charity 242242
Trustees Annual Report for the year ending 5th April 2022.
Charity Name:
The Everest Trust
Registered Charity Number:
242242
Charity’s Principal Address:
THE EVEREST TRUST
NEW MEDIA LAW LLP 24 Hanover Square LONDON
W1S 1JD Tel 0207 291 1670
Charity Trustees:
Mrs Juliet Walker
Mrs Chloe Wynn Volz
Ms Laura Pomeroy
Mr David Walker
Governing document:
Scheme of the Charity Commissioners dated 3[rd] April 2000.
The Everest Trust, registered Charity number 242242, Trustees Annual report
How is the Charity Constituted?
The Trust is a registered Charity, number 242242. It was originally set up using funds from the sale of the Everest Home of Rest which was sold by descendants of the Everest family in 1965. The Trust does not actively fundraise and seeks to continue the ethos behind the objectives conceived of by the Trust founders, through careful stewardship of the existing resources.
Trustee Selection methods:
Trustees nominate and appoint successors from among the descendants of the Everest Family. There is no required minimum or maximum number of Trustees, but traditionally there is one representative Trustee from among the descendants of each of the three sibling founders; John Sheffield, Authur Sheffield and Sprigg Nanney Wynn.
Trustee Update:
Juliet Walker proposed her son David Walker as an additional Trustee. The Trustees approved this motion and preparations were made for him to join the Trustees during 2022, and to bring all the required documentation for approval/confirmation to the first meeting of 2022 (scheduled for May).
Objectives of the Charity:
The Charitable Objects are the relief of persons in need who are elderly, sick, convalescent, disabled or infirm. In furtherance of this object the Trustees may have regard to the criteria as follows: The Trustees may have regard to persons who in the opinion of the Trustees require or are likely to derive benefit from a period spent, whether temporary or permanent, in quiet surroundings and whose means are insufficient to enable them to provide these advantages for themselves and in particular for persons who are suffering from overwork or nervous breakdown or any other form of ill health likely to be benefited from rest and quiet including any persons who are engaged in any literary artistic or scientific work requiring quiet surroundings and freedom from interruption and disturbance.
Activities and Achievements during the accounting period:
The Trustees met twice face to face within the accounting period leading up to 5[th] April 2022; on 1[st] July 2021, and 29[th] November 2021. During the year, donations were made to Zane, Farms for City Children, Aggie’s, Chicks, Injured Jockeys, Bomb disposal, Young Minds, Daniel Spargo, Honey Pot, the Womens’ Trust, SAFE, SAAFA, The British Legion and to a retiring local Vicar (local to the Pomeroy family in Dorset), The David Nott Foundation, Blind Veterans UK, Star and Garter, CRISIS and The Little Village.
Public Benefit :
During the year ending 5[th] April 2022 the Trustees will ensure that careful regard is given to the Charity Commission’s guidance on Public Benefit and the legal duty that Trustees have to fulfil their duty with regards to public benefit.
The Everest Trust, registered Charity number 242242, Trustees Annual report
The Charity does not have a reserves policy.
The Trustees declare that they have approved the Trustees’ report above.
Signed on behalf of the charity’s trustees:
Signature:
Full name: Laura Pomeroy Position: Trustee of The Everest Trust Date: 21st November 2022
The Everest Trust, registered Charity number 242242, Trustees Annual report
THE EVEREST TRUST 2021122
242242 AVN 202Z. A•n J C Wa*er... .e.:. A/ L Pm¢rny ... CVWVo1z. Davld Jokn Mathuv Wdkor.....
EVEREST TRUST REGISTrA TION NUMBER 242242 ' ACCCKNrs F)r the year ended 5 il 2022 Wis IJD
P•9¢ 5 PryJe6.7 BAL sFEr AS AT5 APRIL 2022 Ptye9-11 P¥12 EW MEblA LAWLLP WIS IJD
8donce &$ at 5 Awil 2021: 826A>78 Profit/(Loss) on r•ts¢rtionof assets 12.127 12.184 83B.862 {14.636) NML Admrnistrotion fees 18.378) (85)) (27) Ilrs Jdiet W•kn Exw6es (341) 814.630 Pag8 5
3(ts) 316ray wd 73ffj6p 14LYI g H P 1.203 2.021 Zfi65 3C(W Ecofin 68L VTa 340CO E¢ofin US kent 2(UJ GWMithKtine ¢rd 25p 725 AI £1.1092 3C(W JP EM Ord 363 iJ30 hknthllefreld Cffi In Prf I7 Polar Cop fAobd 13Z¥ RITCry Ord £1 32ts) Seryo Ord $0.gk 550 th*le¥er Pl¢ Ctd £0.031111 2CO) Shdl PLC t) Wlwide Hedth 25p 4Z5 467 237 1.320 225 21993 6790 Fuj Smith Eq l AC 17C(Q JPhl US Equity Is) IFSL FD M6k 65 2,041 32(M) &ryo Ord lop 71CLI 4.125% I1 Lrfknl 170 815 •Yied fornrd 26J62
8r•¥ht 17368 31 Infrasry0rd 6CP A 8 1 9 NV 26(ts) Ifit wblic 34X Prin¢¢ss Pl11£ Ord •JJA)I 1090 1,925 1.462 117 ia50 1573 1.339 140J Hisc•x LTrd 6.Sp 14C¥) 8HP 6 13.353 3472 P•kr C4t 6101[ 2PAI Ashmor¢ Si¢ty4 EM Totd r¢wm 4T15 601th Sth AMFS6k4>ol PAkts 1.382 iJ20 iJ94 3h96 Z25 6bl Val Fts 231 ¢dS Ot 6 Ayli 2021 136J81 Iln.223 (T CHfLDkEN'S t>IAkiri WOMENS TAU5TS 60 FOkMERLya4tCKS) THE BLIND VETERANS UK YOUN6 MINOS A665 WESTONS ZA CHAAITY SAFEI CHAR (2.IKKII (3,(KX)I ,)1 (5.CWI (1,5CQI (4,5thJl (3,CO)I u.sc) (2.Cml (1,5CtyJI THE ROYAL STAA 6AkTEk HOMES FELLX FUND BOPAB DISPOSAL EXPEATS CHIRITI aiisTS Ar(STmAs THE DAVtb FCKJWTIC UTTLE VILLA6E REV Tfm hST SSAFA ARMS FOkCES ¢HAklTY ROYAL 6ATTISH LE6tON TrE OANI& SPARSOMA8BS (2.CWI (I,co)I (2XKYJI (i.scl 15.CWI (4SQJl 140001 ru retw tx 135.223
AT Per C4itd 814.630 135R23 89) 4.IlXI 170 954.633 rrnrtstnxnt 5¢¢urittes 930,510 C•td 6.897 17.052 Funds held ty NMeth Law LLP 174 954.631
Hdd rf • 6 1021 31 6Nwp PLC Ord llffj036p pkn 6J&J 41940 17368 28346 61390 A4rw¢sfcAVToT 70 3J70 J•.37 llJ•) iiJ40 21.140 &v•Ord $05) 357 4t. Y.441 54.441 •6.125 Ord 2*
?>) 33. E11 6Fi VlOitt¢s d Tppk Ee•finV S QrdVSQ.Oi 25mJ 34JM) 25mJ 27.37Q Ihs iLP Ew•ty Ip411 Ae¢e NAV 639) 1SJ76 25J76 37*66 31.464 29. 25J20 31?6 $r£•xLI4 J24 J24 13.787 deo. n.7A6 570.1
m.n6 TO.132 20 261 31h2J JlJ23 44164 0.olp X+W 5XRts 17JZ4 Ord£l.lQJ2• 17 IJA 17J 62 964 J2.964 lo? Ord Ip 40MS 40165 d£O.O) l7.9n 27270 23J17 7) 2>J17 340 Ord02Jp 45296 JJJD) 45296 48279 DJ 40J 3tJ14 32A64 27566 3.4n 592 J7JXI 19222 17235 172YJ 33WJ s0.25 pryE1V0l
)JJ• 34A97 TCy"rd Portnvs Ft¢ Or4 £1 Ism 15.789 33.509 trt<h 5WPi£ 4{420 •X.691 J.162,AOg
•t 6 W 2021 A.102.IQP i>.J)4 44PI8 12fAI 12D) 4218
4144 7JIKI Z4.137 t4J37 27249
Pk
0¥4 £0.3tAIi 25JAi 19,4 ¥6b1 W FD Eofy £ dis 19m5 37.412 2OJ44 20J44 32 Ord 025p 917.922 .510 Pty¥U
I rewt on the Accoty of th¢ Tnjst th¢ yeor ¢Thkd 5 April 2022, T*hi¢h set out <)n Pages 2 to 5. ive res clwrity's trSte¢S are respOlb18 for the pr¢p(ration of the accounts. Th¢ ch(riffs trusttes consider that on audlt is not requlred for this yew WKler section 144 (2) of the Ch¢riti¢s Act 2011 (the 2011 Act} ONI tknt iThJepetht exffjimtton is It is reynsibility to.. Examine the aCcOt$ WKfer section 145 of the 2011 Act
To follow the procedwes laid dawn in the gerwoi tsr¢¢tion$ gIn by the tharity Commission under section 145 (5) (b) of the 2011 Act and To state whetlw Vtic come ts my attentio rttex Ow ¢X0mttl¢n ¢orritd out in accordonce with the general directions gIn by the Charity Commissioner. An ext¥Th4MtiM ind(t&s a review of the occ¢untI records kept by the chTh4ity arKI comp(rison of the accounts wth thos¢ records. It also includes ¢tywideration of ony unwual iterns or disdoswes in the acco*S and seekrw explafvjticffis from you as trustees coernIng ony such nwtters. The wocethns undertaken do not FYo¥ide all the evidence that would be reqU¢d in oudit ¢onsequentty rKJ oixnion is 9iiien os to whether the acetyjnts presmt a.tnx ond fair ¥i¢rf the r¢pwt 1$ limited to those motters set out in the statement below. efident ex rn connection with ow ex4vninotion. no matter I$ come to ¢Jw att¢ntion'. l) bVhi¢h 9t¥ us redsonoble to believe lknt in (my erIal respert the re4uirements: To k¢¢p r¢cords in a¢¢or&w wrth section 130 of the 2011 Aet and To yepore Co[mtS which accwd with the accowbtiry records and comply wtth the occounting requirements of the 2011 Act ve be¢n met or 2) To which in opinion. ottention should be in order to emble a pr¢per Understandi of th¢ accot$ to be reached. Devi fjwhiwarde For atyl on behalf of Accmasters timited 23, Broomfteld Sunbury-On- Thames TW16 6SN 27.09.2022
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE EVEREST TRUST
I report on the Accounts of the Trust for the year ended 5 April 2022, which are set out on pages 2 to 5.
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
-
To follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act and
-
To state whether particular matters have come to my attention.
Basis of independent examiner’s report
Our examination was carried out in accordance with the general directions given by the Charity Commissioner. 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 you as 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:
-
1) Which gives us reasonable cause to believe that in any material respect the requirements:
-
To keep records in accordance with section 130 of the 2011 Act and
-
To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have been met or
- 2) To which in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
.................................... Devi Gunawardena
For and on behalf of AccMasters Limited 23, Broomfield Sunbury-On- Thames TW16 6SN
27.09.2022 Date....................................