## ## ## |**Structure, Governance an**|**Structure, Governance an**|**d Management**| |---|---|---| |**Governing Document:**||The principal governing document is a Charitable Trust Deed dated| |||11 April 1969.
It is a private Charitable Trust controlled by its| |||trustees.| |**Settlor:**||Peter Courtauld| |**Appointment of trustees:**||The power of appointing new or additional trustees is vested in the| |||current trustees.
The trustees meet at least once annually and at| |||such other times as they see fit.
The trustees are advised by their| |||professional advisers as and when necessary on any developments| |||affecting the charity.| |**Investment Powers:**||The trustees have wide powers of investment, including power to| |||invest in the name of nominees.| |**Management and Control:**||Mr Simon Courtauld has control and overall responsibility for the day| |||to day management of the charity.| |**Risk management:**||The trustees have assessed the major risks to which the charity is| |||exposed and are satisfied they are not exposed to any significant risks
other than fluctuation in the value of their investment portfolio.| |**Objectives **|**and Activities**|| |**Summary:**|**'**|The objectives of the charity are that such of the income and capital of| |||the trust fund shall be paid or applied for the benefit of such charitable| |||foundations or purposes as the trustees may from time to time| |||determine.| |**Summary of**|**the main**|The trustees general policy Is to distribute each year the income| |**activities in relation to**
**objectives:**||as it arises. From time to time they may also distribute capital.| |||The trustees receive applications for grants and consider each one of| |||the applications at their formal/informal meetings. During the year the| |||trustees have made 10 grants totalling £24,000 (2020 £45,000).| |**Grant making policy:**||The trustees' policy is to distribute the available Income of the trust for| |||the benefit of registered charities which they consider the settlor, Mr| |||Peter Courtauld, would have wished to support.
They also give| |||consideration to local charities operating in parts of the country with| |||which Mr Courtauld, or other members of the Courtauld family, had or| |||have associations.| |**Public Benefit:**||In applying such income and capital, the trustees are supportive of| |||such charitable causes that are for public benefit.
Each year the| |||trustees review their objectives to reflect their aims.
In carrying out| |||this review, the trustees have considered the Charity Commissioners| |||general guidance on public benefit.| ## ## ## ## ## ## ## ## ||||2021||2020|| |---|---|---|---|---|---|---| |||£|£|£||£| |**Fixed Assets**||||||| |40,822 Charifund Income Units at cost|||177,726.00|||177,726| |(market value £600,888: 2020 £468,547)||||||| |**Current Assets**||||||| |Cash balances:||||||| |Natwest Business Reserve account||5,556.63||5,779||| |Natwest Current|account|100.00||100||| ||||5,656.63|||5,879| |**Current Liabilities**||||||| |Legal and Professional||(2,640.00)||( 2,520)||| ||||( 2,640.00)|||( 2,520)| |**Net Assets**|||180,742.63|||181,085| |**Representing:**||||||| |**Total unrestricted funds**|||180,742.63|||181,085| |Approved||||||| ||Simon Courtauld|||||| |Approved||||||| ||Sylvia Courtauld|||||| |Approved||||||| ||Director of Farrer & Co Trust|Corporation||||| ## ## |||||2021||2020|| |---|---|---|---|---|---|---|---| |Receipts|||||||| |Distributions due|||31 May|7,756.18||7,960|| |||31|August|6,939.74||7,960|| ||13 December|||6,939.74||12,451|| |||28 February||4,694.53||5,715|| ||||||26,330.19||34,086| |Bank deposit interest (gross)|||||3.06||27| ||||||26,333.25||34,113| |Payments|||||||| |Charitable:|||||||| |Autistica||||||2000,|| |Bobby Van Trust||||1,500.00|||| |British Liver Trust||||||2,000|| |British Wireless for the Blind||||||1,000|| |Carers Trust||||3,000.00|||| |Cardiac Risk In the Young||||||2,000|| |Childrens Air Ambulance||||||2,000|| |Combat Stress||||||2,000|| |Cure Parkinson's||||||2,000|| |Deafblind UK||||||2,000|| |Diabetes UK||||3,000.00|||| |Headway||||||2,000|| |Hearing Dogs||||2,000.00|||| |Inspire Foundation||||3,000.00|||| |Leonard Cheshire Disability||||3,000.00|||| |Macmillan Cancer Support||||||2,000|| |Marie Curie Cancer Care||||3,000.00|||| |Marine Conservation Society||||||2,000|| |Myface||||||1,000|| |Meningitis Now||||||2,000|| |MIND||||||2,000|| |Orbis UK||||||1,000|| |Prospect Hospice||||1,000.00|||| |Respite Association||||||2,000|| |Refuge||||||2,000|| |Salvation Army||||||2,000|| |Sight Savers||||||2,000|| |SANE||||||2,000|| |Samaritians||||3,000.00|||| |Stroke Association||||||2,000|| |Tunbridge Wells Hospital||||1,500.00|||| |Wiltshire Community|Foundation|||||2,000|| |World Cancer Research||Fund||||2,000|| |Young Epilepsy||||||2,000|| ||||||24,000.00||45,000| |Legal and Professional:|||||2,676.00||150| |**Surplus/(Deficit) on **|**Receipts and Payments **|||**account**|**(**342.75)||(11,037)| |Balance brought forward||at 6|April 2020||181,085.38||192,122| |Balance carried forward at|||**6 April 2021**||180,742.63||181,085| ## ## ## ## ## ## ## ## |**sis of net assets betwee**|**n funds**||| |---|---|---|---| |||**Net Current**|| ||**Fixed**|**Assets/**|| ||**Assets**|**(Liabilities)**|**Total**| |Unrestricted|**177,726**|**3,017**|**,50 743**| |**o**|**"6 4**
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