2023-05-09-accounts - The Felicity Wilde Charitable Trust

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Trustees' Annual Report for the period

	Period start date	Period start date			Period end date	Period end date
	10	May	2022		09	May	2023
From				To

Reference and administration details

Charity name Felicity Wilde Charitable Trust

Other names charity is known by Registered charity number (if any) 264404

Charity's principal address ZEDRA UK Trusts, Booths Hall, Booths Park 3

Chelford Road Knutsford, Cheshire

Postcode WA16 8GS

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	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	ZEDRA Trust Company (UK) Limited

TAR

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)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of advisor Name Address
Chartered Accountants	Simmons Gainsford LLP	14thFloor, 33 Cavendish Square, LONDON, W1G 0PW

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

Structure, governance and management

Description of the charity’s trusts

The Settlement Deed dated 9[th] May 1972 of Derek Edward Wilde and Type of governing document Charlotte Helen Wilde (eg. trust deed, constitution)

Trust How the charity is constituted

(eg. trust, association, company)

New trustee(s) can only be appointed by resolution passed by the current Trustee selection methods trustee(s). Such appointment would be confirmed by a formal deed. (eg. appointed by, elected by)

Additional governance issues (Optional information)

TAR

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

The Trustees shall hold the Trust Fund and the income thereof upon charitable trusts to apply the income as the Trustees shall in their absolute discretion select by paying such income or any part thereof to any society or institution established for any charitable purpose.

The Trustee(s) fulfils the aims incorporated in the governing document by investing the capital in quoted stocks and shares and appropriate deposit accounts. The Trustee(s) distribute the income in accordance with the terms of the Trust.

Summary of the main terms of the Trust. activities in relation to these The Trustee(s) confirm that they have referred to the guidance contained objects in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives; in planning future activities and in making payments in the current year.

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

Achievements and performance

Summary of the main The trust fund received £66,622 income and during the achievements of the charity year under review the Trustee(s) donated £48,570 to during the year charitable organisations in accordance with the governing document.

Financial review

At the financial year end the capital value of the trust was Brief statement of the £2,210,180 and a balance of £40,176 undistributed charity’s policy on reserves income was held. The capital is retained and invested to generate income to fulfil its charitable objectives. It is the trustee’s policy to distribute all income arising in the trust after allowing for any operating expenses.

TAR

Because of timing differences between receipt of income and the authorisation of grant payments a balance of undistributed income may be held in reserve at the year end and this will be carried forward and distributed in 2023/24.

Details of any funds materially in deficit

N/a

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)

TAR

Full name(s) SARAH TAYLOR Position (eg secretary, chair, TRUSTEE etc) 02/02/2024

TAR

CHARITY NAME: FELICITY WILDE CHARATABLE TRUST

CHARITY NUMBER: 264404

Accounting Statement for year ended : 9th May 2023 (Receipts and Payments Basis) Our Own Analysis : YES

Our Ref: V1332

UNRESTRICTED FUNDS

RECEIPTS - INCOME

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This year's amount to Last year's amount to
the nearest £ the nearest £
Gifts and other voluntary receipts
Transfer from Capital Funds 3640
Tax reclaims
Bank Account interest
Stocks and Shares
Dividends & Interest received 66622 61155
Other Receipts (not counting as “Gross Income”)
Total Receipts 70262 61155
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PAYMENTS - INCOME

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Payments directly for charitable purposes
Donations : See Schedule 48570 58334
Payments to Capital Funds
Payments for management and administration including VAT
Mazars Fee
Professional Charges
Total payments 48570 58334
Net of Receipts/Payments 21692 2821
Cash funds last year end 18484 15663
Cash funds this year end 40176 18484
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EXPENDABLE ENDOWMENT FUNDS

RECEIPTS - CAPITAL

----- Start of picture text -----
This year's amount to Last year's amount to
the nearest £ the nearest £
Gifts and other voluntary receipts
Refund Donation - Over The Wall 2570
Receipt from sale of investments 16907 66398
Equalisation payments
Total Receipts 19477 66398
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PAYMENTS - CAPITAL

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Payments to Income Funds 3640
Payments for purchase of investments and other assets
Other payments
SG Chartered Accountants fees 720
Payments for management and administration including VAT 38126 39998
Total Payments 41766 40718
Net of Receipts/Payments -22289 25680
Cash funds last year end 51717 26037
Cash funds this year end 29428 51717
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FOR ZEDRA TRUST COMPANY (UK) LIMITED

Trustee authorised to sign on behalf of all trustees

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2/2/2024
Date
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Zedra Trust Company (UK) Ltd Booths Hall Booths Park 3 Chelford Road Knutsford Cheshire WA16 8GS

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PERMANENT ENDOWMENT FUNDS

RECEIPTS - CAPITAL

Gifts and other voluntary receipts

Transfer from Income Fund Cash Introduced Receipt from sale of investments Equalisation payment

Total Receipts

----- Start of picture text -----
This year's amount to Last year's amount to
the nearest £ the nearest £
0 0
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PAYMENTS - CAPITAL

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Payments to Income Funds
Payments for purchase of investments and other assets
Other payments
Payments for management and administration including VAT
Total Payments 0 0
Net of Receipts/Payments 0 0
Cash funds last year end 0 0
Cash funds this year end 0 0
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STATEMENT OF ASSETS AND LIABILITIES

INCOME

CAPITAL

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Endowment funds
Expendable
or
Unrestricted funds Permanent
CASH FUNDS to nearest £ to nearest £
Current 40176 29428
Deposit
INVESTMENT ASSETS
Stocks and Shares 2180752
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The Felicity Wilde Charitable Trust Year ended 9[th] May 2023 Schedule of Donations

Donation to KCL Crohn's and Colitis Relief Cancer Support UK Caudwell Children Ezra Umarpeh Go Beyond Grief Encounter Helping Disabilities Trust Make Them Smile Children's Charity Medical Engineering Resource Unit Over the Wall Read for Good Rosehill Youth Theatre Ruddi's Retreat Support Dogs The Pepper Foundation The Transforming Autism Project Young & Inspired Asthma & Lung UK	£ 10,000 1,000 2,000 1,000 2,000 2,000 2,500 2,000 1,500 2,000 3,570 500 1,000 1,000 2,000 1,000 2,000 1,500 10,000 48,570

INDEPENDENT EXAMINER’S REPORT

The Felicity Wilde Charitable Trust

Independent Examiner’s Report to the Trustees of The Felicity Wilde Charitable Trust

I report to the trustees on my examination of the accounts of The Felicity Wilde Charitable Trust (‘the charity’) for the year ended 9 May 2023 which comprise the summary of receipts and payments and the statement of assets and liabilities.

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of the charity 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
➢ 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.

Nick Weller FCCA

For and on behalf of Simmons Gainsford Professional Services Limited

Chartered Accountants 14[th] Floor

33 Cavendish Square London W1G 0PW Date: 22/2/2024 | 14:32 GMT