Docusign Envelope ID: 9FB7015F-47C6-8009-82F0-AFE0DEA0BFDB ## **Trustees' Annual Report for the period** Period start date Period end date 1 October 2024 30 September 2025 **From** **To** ## Section A Reference and administration details The Pewterers’ Seahorse Charitable Trust **Charity name 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
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Ann Buxton|Chair||Worshipful Company of
Pewterers| ||Alexandra H Boyle|||Worshipful Company of
Pewterers| ||Andrew HA Caplen|||Worshipful Company of
Pewterers| ||John DE Gallagher|||Worshipful Company of
Pewterers| ||Georgia S Hodgson|||Worshipful Company of
Pewterers| ||Dominic SC Hughes|||Worshipful Company of
Pewterers| ||Sarah A Targett|||Worshipful Company of
Pewterers| ||Adrian CH Williams|||Worshipful Company of
Pewterers| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **TAR** March **2012** 1 Docusign Envelope ID: 9FB7015F-47C6-8009-82F0-AFE0DEA0BFDB ## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Trust Deed dated 22 October 1970 - (eg. trust deed, constitution) How the charity is constituted Trust - (eg. trust, association, company) Trustee selection methods Appointed by The Worshipful Company of Pewterers - (eg. appointed by, elected by) ## **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; - The Trustees maintain a risk register, and regularly consider changes to the charities operating environment that may change their assessment of individual risks and the mitigating controls. - The Trustees have a checklist that covers all matters that a new Trustee needs to be trained on and become familiar with. The training and induction is carried out by fellow Trustees, and other members of the Worshipful Company of Pewterers and its staff, where appropriate. - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. **TAR** March **2012** 2 Docusign Envelope ID: 9FB7015F-47C6-8009-82F0-AFE0DEA0BFDB ## **Section C Objectives and activities** **Summary of the objects of the** Such purposes exclusively charitable according to the law of England as **charity set out in its** the Trustees in their absolute discretion from time to time determine. **governing document** **Summary of the main** Makes grants to organisations (including schools, registered charities), **activities undertaken for the** with a focus on those working in the areas of education, training, **public benefit in relation to** disability and health, relief of need & youth organisations. **these objects (include within this section the statutory** The trustees have complied with their duty to have due regard to the **declaration that trustees have** guidance on public benefit published by the Charity Commission in **had regard to the guidance** exercising their powers or duties. **issued by the Charity Commission on public benefit)a** ## **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. Section D Achievements and performance **TAR** March **2012** 3 Docusign Envelope ID: 9FB7015F-47C6-8009-82F0-AFE0DEA0BFDB ## Section D Achievements and erformance p **Summary of the main achievements of the charity** The Charity made grants to 15 different charities in the year and made **during the year** relief of need payments to a small number of individuals. The largest sector supported was Education, followed by Health and relief of need. Many grant recipients are subject to long standing relationships with the Charity, with a review every 3 to 5 years. The grants made are in line with the objects described in the Trust Deed. The investment income generated by the investment portfolio of the charity, along with donations from members of The Worshipful Company of Pewterers, enable the Charity to extend grants in line with the objectives. **TAR** March **2012** 4 Docusign Envelope ID: 9FB7015F-47C6-8009-82F0-AFE0DEA0BFDB ## **Section E Financial review** **Brief statement of the** The Charity maintains its assets in the Investment portfolio and within this **charity’s policy on reserves** will always maintain unrestricted funds at a level that equates to approximately one year of unrestricted charitable expenditure by the Charity. **Details of any funds materially** None **in deficit** ## **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. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** Alexandra H Boyle **Full name(s)** John DE Gallagher **Position (eg Secretary, Chair,** Chair Finance lead **etc) Date** 16 July 2026 | 10:58 BST 17 July 2026 | 10:01 BST **TAR** March **2012** 5 Docusign Envelope ID: 9FB7015F-47C6-8009-82F0-AFE0DEA0BFDB |**The Pewterers Seahorse Charitable Trust**|**The Pewterers Seahorse Charitable Trust**|**The Pewterers Seahorse Charitable Trust**|**261889**|| |---|---|---|---|---| |**Receipts andpayments accounts**||||**CC16a**| |**For the period**
**from**|10/1/2024|**To**|9/30/2025|| |**Section A Receipts and payments**|**Section A Receipts and payments**|**Section A Receipts and payments**|||||||| |---|---|---|---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**||**Restricted**
**funds**
**to the nearest £**||**Endowment**
**funds**
**to the nearest £**||**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**| ||**-**||**-**||**-**||**-**||**-**| |Donations|**17,278**||**-**||**-**||**17,278**||**25,211**| |Investment dividends|**93,845**||**-**||**-**||**93,845**||**113,892**| |Bank interest|**118**||**-**||**-**||**118**||**388**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**111,241**||**-**||**-**||**111,241**||**139,491**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**-**||||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**139,491**| ||||||||||| ||**-**||**-**||**-**||**-**||**-**| |Grants made|**105,200**||**-**||**-**||**105,200**||**173,450**| |Governance costs|**13,064**||**-**||**-**||**13,064**||**1,500**| |Accountancycosts|**2,160**||**-**||**-**||**2,160**||**-**| |Bank charges|**595**||**-**||**-**||**595**||**652**| ||||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_ **|**121,019**||**-**||**-**||**121,019**||**175,602**| ||||||||||| |**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_**|||||||||| ||||||||||**175,602**| ||||||||||| ||**- 9,778**||**-**||**-**||**- 9,778**||**- 36,111**| ||**-**||**- **|
|**-**||**-**||**-**| ||**18,751**||**-**||**-**||**18,751**||**54,862**| ||**8,973**||**-**||**-**||**8,973**||**18,751**| CCXX R1 accounts (SS) 7/16/2026 1 Docusign Envelope ID: 9FB7015F-47C6-8009-82F0-AFE0DEA0BFDB ## **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
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Coutts Bank Account
Cash within Rathbones Investment
~~Portfolio~~
**Details**|**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Coutts Bank Account
Cash within Rathbones Investment
~~Portfolio~~
**Details**|**Unrestricted**
**funds**
**to nearest £**
**-**
**8,973**
**12,200**
**21,173**
Agreement Error
**Unrestricted**
**funds**
**to nearest £**|**Unrestricted**
**funds**
**to nearest £**
**-**
**8,973**
**12,200**
**21,173**
Agreement Error
**Unrestricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**3,201,773**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
17 July 2026 | 10:01 BST
16 July 2026 | 10:58 BST| |---|---|---|---|---|---|---|---| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||**Details**||**Fund to which**
**asset belongs**||**Cost (optional)**||| ||||||**-**||**-**| ||Rathbones Portfolio||Unrestricted||**2,961,853**||**3,201,773**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||**Details**||**Fund to which**
**asset belongs**||**Cost (optional)**||| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||**Details**||**Fund to which**
**liability relates**||**Amount due**
**(optional)**||| ||||||**-**||| ||||||**-**||| ||||||**-**||| ||||||**-**||| ||||||**-**||| ||Signature||Print Name
Alexandra Boyle
John Gallagher||||| CCXX R2 accounts (SS) 7/16/2026 2 I report to the Trustees on my examination of the accounts of The Pewterers’ Seahorse Charitable Trust for the year ended 30 September 2025. ## **Responsibilities and basis of report** As the charity Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all of 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 in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable records concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sarah Shearer FCA Emmaus Chartered Accountants 377-399 London Road Camberley Surrey GU15 3HL Date 21[st] July 2026