2022-04-02-accounts - Mrs Edith Ellen Harris Will Trust

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 03 April 2021 To 02 April 2022

Section A Reference and administration details

Charity name Mrs Edith Ellen Harris Will Trust

Other names charity is known by

Registered charity number (if any) 263945

Charity's principal address Trustee Department 1[st] Floor, Tower Wharf Cheese Lane, Bristol Postcode BS2 0JJ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Lynn Neligan	Chair
Royal Bank of Scotland Plc		To 14 February 2022
Ludlow Trust CompanyLimited		From 14 February 2022

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Investment Managers	Royal Bank of Scotland Plc	440 The Strand, London, WC2R 0QS
Bankers	Royal Bank of Scotland	440 The Strand, London, WC2R 0QS
Solicitors	Hugh James	Hodge House, 114-116 St Mary Street, Cardiff, CF10 1DY
Independent Examiner	Geoffrey Frost	Blue Spire Limited, Cawley Priory, South Pallant, Chichester, West Sussex, PO19 1SY

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Will dated 29 April 1959 with codicil dated 11 August 1959 proved 2 June Type of governing document 1965

(eg. trust deed, constitution)

Will trust How the charity is constituted

(eg. trust, association, company)

Trustees are appointed the trustees. Trustee selection methods

(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;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objects of the charity are to pay the income of the trust to the Christian Science Board of Directors of the Mother Church the First Church of Christ Scientist in Boston Massachusetts to be used in Great Britain for the promotion and extension of the religion of Christian Science as taught by Mary Baker Eddy in the Christian Science text book “Science and Health with key to the Scriptures”.

TAR

March 2012

In furtherance of the charity’s objects for the public benefit the trustees shall provide grants. In determining the charity’s activities the trustees have had regard to the Charity Commission’s guidance on public benefit.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

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.

TAR

March 2012

Section D Achievements and performance

Summary of the main During the year under review the charity made grant payments in achievements of the charity furtherance of its objects amounting to £27,943 as shown in the notes to during the year the accounts.

TAR

March 2012

Section E Financial review

Brief statement of the

charity’s policy on reserves

At the end of the reporting period the charity had free reserves amounting to £4,946 (2021: £6,394).

In addition to the free reserves the charity has cash balances of £29,744 (2021: £11,176) and investments with a value of £1,805,516 within the expendable endowment fund which can be released to support the activities of the charity.

The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives, as well as covering future needs, opportunities, contingencies and risks.

Details of any funds materially 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)

Full name(s)[Chris Thurlow ] On behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc)

Date 13 February 2023

TAR

March 2012

Charity Name No (if any) Mrs Edith Ellen Harris Will Trust 263945 Receipts and payments accounts CC16a For the period Period start date Period end date To from 03 April 2021 02 April 2022

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 26,492 - 9 - - - - - 26,501 - - - 26,501 27,943 - 780 - - - - - - - 28,723 - - - 28,723 (2,222) 774 6,394 4,946	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - 698,317 - 698,317 698,317 - 29,251 - - - - - - - - 29,251 649,724 - 649,724 678,975 19,342 (774) 11,176 29,744	Total funds to the nearest £ 26,492 - 9 - - - - - 26,501 698,317 - 698,317 724,818 27,943 29,251 780 - - - - - - - 57,974 649,724 - 649,724 707,698 17,120	Last year to the nearest £
Income from investments	26,492				25,315
Income from bank interest	-				-
Grount rent - 61 Grafton Street	9				12
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	26,501				25,327

A2 Asset and investment sales, (see table).
Sale of investments	-				1,327,807
	-				-
*Sub total*	-				1,327,807
*Total receipts* A3 Payments
					1,353,134

Grants awarded	27,943				24,464
Investment and administration fees	-				24,270
Independent examination	780				740
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	28,723				49,474

A4 Asset and investment purchases, (see table)
Investmentpurchases	-				1,387,152
	-
**Sub total **	-				1,387,152
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					1,436,626

	(2,222)	-	19,342	17,120	(83,492)
	774	-	(774)	-	-
	6,394	-	11,176	17,570	101,062
	4,946	-	29,744	34,690	17,570

CCXX R6 accounts (SS)

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities	(agree balances with receipts and payments account(s)) Details Capital account Reserve account Income account *Total cash funds* Details Details Investment portfolio Details Details Independent examination Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - 4,946 - 4,946 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - Fund to which asset belongs Cost (optional) Endowment - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) Unrestricted 780 - - - - Print Name	Endowment funds to nearest £
			29,744
			-
			-
			29,744
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			Current value (optional)
			1,805,516
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of
			approval
			13 February

Signed by one or two trustees on behalf of all the trustees

Date of Print Name approval Chris Thurlow 13 February 2023 On behaf of Ludlow Trust Company Limited

Signature

CCXX R7 accounts (SS)

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be Expendable endowment funds are those which are required to be invested to produce income but which may be stated on analysis of funds worksheets) transferred to unrestricted funds at the discretion of the trustees in order that they may be expended in furtherance of the charity's objectives. Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. C2 Grants to institutions Recipient - 1 grant unless annotated £ The Christian Science Trust In Great Britain 4 payments 27,943 27,943 C3 Related party transactions No trustee received any remuneration nor reimbiursed any expenses in the year under review. During the period under review Royal Bank of Scotland Plc, a trustee of the charity, were paid fees for the provision of administration and investment management services amounting to £29,251 as authorised under clause 9(iii) of the will trust.

CCXX R8 accounts (SS)

Independent Examiner's Report to the Trustees of Mrs Edith Ellen Harris Will Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 02 April 2022 as set out on pages 6 to 8.

Responsibilities and basis of report

As the charity’s 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 Act and in carrying out my examination I have followed all 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:

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.

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.

13 February 2023

Geoffrey Frost BSc(Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY