Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 06 April 2019 To 05 April 2020
Reference and administration details
Charity name The Pewterers’ Seahorse Charitable Trust
Other names charity is known by Pewterers Charity Trust
Registered charity number (if any) 261889
Charity's principal address Pewterers Hall
Oat Lane London Postcode EC2V 7DE
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| R. Kent | Chairman | Worshipful Co of Pewterers | ||
| A. McCormack | Worshipful Co of Pewterers | |||
| A. Buxton | Worshipful Co of Pewterers | |||
| O. Lodge | Worshipful Co of Pewterers | |||
| H. Mullens | Worshipful Co of Pewterers | |||
| M. Coote | Worshipful Co of Pewterers | |||
| D.Hughes | ||||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
TAR
1
Names and addresses of advisers (Optional information)
Type of advisor Name Address
Name of chief executive or names of senior staff members (Optional information)
Structure, governance and management
Description of the charity’s trusts
Type of governing document
Trust Deed dated 22[nd] October 1970
Trust
How the charity is constituted Appointed by The Worshipful Company of Pewterers Trustee selection methods
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
Policies and procedures adopted for the induction and training of trustees.
-
The charity’s organisational structure and any wider network with which the charity works.
-
Relationship with any related parties.
-
Trustees’ consideration of major risks and the system and procedures to manage them.
Objectives and activities
Summary of the objects of the charity set out in its governing document
Such purposes exclusively charitable according to the law of England as the Trustees in their absolute discretion from time to time determine.
TAR
2
Summary of the main activities in relation to these objects
Makes grants to organisations (incl. schools, charities etc) particularly related to Education & training, disability, relief of poverty & to other charities/Voluntary bodies.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
Policy on grantmaking
-
Policy programme related investment
-
Contribution made by Volunteers
Achievements and performance
Summary of the main achievements of the charity during the year
The Charity made grants to 26 different organisations during the year in line with the objectives as decreed in the Trust Deed.
The gift of shares received from the Worshipful Company of Pewterers in previous financial years has generated sufficient investment income, combined with donations from Members, to enable the Charity to continue and extend the making of grants in line with the objectives as decreed in the Trust Deed.
TAR
3
Financial review
Brief statement of the The Charity’s policy is to distribute income from Investments and charity’s policy on reserves donations, when prudent to do so, whilst maintaining the value of its capital base in real terms.
Details of any funds materially in deficit
None
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
-
The charity’s principal sources of funds (including any fundraising).
-
How expenditure has supported the key objectives of the charity.
-
Investment policy and objectives including any ethical investment policy adopted.
Other optional information
Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
R.D.Kent
Signature(s) R.D.Kent P.Watson Full name(s) Roderick Kent Patrick Watson Position (eg secretary, chair, Chair Secretary etc) Date 19th November 2020
TAR
4
Charity Name No (if any) The Pewterers' Seahorse Charitable Trust 261889 Receipts and payments accounts For the period Period start date Period end date To from 06/04/2019 05/04/2020
CC16a
Section A Receipts and payments
Unrestricted Restricted Endowment Total funds Last year funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
| - | - | - | - | - | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Donations | 47,375 | - | - | 47,375 | 64,314 | ||||||
| Investment Dividends | 66,135 | - | - | 66,135 | 64,269 | ||||||
| Bank Interest | 162 | - | - | 162 | 104 | ||||||
| Gift Aid | 68,927 | - | - | 68,927 | |||||||
| - | - | - | |||||||||
| - | - | - | |||||||||
| - | - | - | |||||||||
| Sub total(Gross income for AR) |
182,599 | - | - | 182,599 | 128,687 | ||||||
| A2 Asset and investment sales, | |||||||||||
| (see table). | |||||||||||
| - | - | - | |||||||||
| - | - | - | |||||||||
| Sub total | - | - | - | ||||||||
| Total receipts | 182,599 | - | - | 182,599 | 128,687 |
| A3 Payments | 156,571 750 685 158,006 - 158,006 24,593 |
156,571 750 685 158,006 - 158,006 24,593 |
- - - - - - - - - - - - - - - |
- - - - - - - - - - - - - - - |
- 156,571 750 685 - - - - - 158,006 - - - 158,006 24,593 |
- 156,571 750 685 - - - - - 158,006 - - - 158,006 24,593 |
||
|---|---|---|---|---|---|---|---|---|
| - - - - - - - - - - |
- | |||||||
| Grants Made | 156,571 | 156,571 | 174,392 | |||||
| Governance Costs | 750 | 750 | 750 | |||||
| Bank Charges | 685 | 685 | 619 | |||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| **Sub total ** | 158,006 | 158,006 | 175,761 | |||||
| A4 Asset and investment purchases, (see table) |
||||||||
| - - - |
- | |||||||
| - | ||||||||
| **Sub total ** | - | - | ||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||||
| - | 158,006 | 175,761 | ||||||
| 24,593 | - | - | 24,593 | - 47,074 | ||||
| - | - | - | ||||||
| 54,532 | - | - | 54,532 | 101,606 | ||||
| 79,126 | - | - | 79,125 | 54,532 |
CCXX R1 accounts (SS)
28/01/2021
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature R.D.Kent Details Details Coutts Bank Account Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Rathbones investment Portfolio |
Unrestricted funds Restricted funds to nearest £ to nearest £ 79126 - - - - - 79,126 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Unrestricted - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) Unrestricted - - - - Print Name Roderick Kent Chairman |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| 2,521,747 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| R.D.Kent | Roderick Kent | 16/11/2020 | |
| Chairman |
CCXX R2 accounts (SS)
28/01/2021
2
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name The Pewterers’ Seahorse Charitable Trust members of
On accounts for the year 5[th] April 2020 Charity no 261889 ended (if any) Set out on pages One & Two
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05 / 04 / 2020 .
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Date: 19/11/2020 Signed: J.S.Dunley
Name: John Stuart Dunley
Relevant professional Fellow of the Chartered Institute of Management Accountants qualification(s) or body (if any):
Address: Brooks Green House, Brooks Green, West Sussex RH13 0JN
October 2018
1
IER
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
October 2018
2
IER