2025-04-05-accounts

Trustees’ Annual Report for the period

From 06 April 2024 To 05 April 2025

Charity name: The Gweneth Moxon Charitable Trust Charity registration number: 266672

Objectives and Activities

Objectives and Activities	Objectives and Activities	Objectives and Activities
SORP reference
Summary of the purposes of the charity as set out in its governing document Para 1.17 The Trustees shall hold the capital and income of the Trust Fund upon trust to apply the income and all or such part or parts of the capital at such time or times and in such manner to or for the benefit of such exclusively charitable objects and purposes in any part of the world as the Trustees may in their absolute discretion think fit.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19 In furtherance of the charity’s objects for the public benefit the trustees provides grants in accordance with the Will. In determining the charity’s activities the trustees have had regard to the Charity Commission’s guidance on public benefit.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	In determining the charity’s activities, the trustees have had regard to the Charity Commission’s guidance on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other

Achievements and Performance

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SORP reference
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Achievements and Performance	Achievements and Performance	Achievements and Performance
SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	During the year under review the charity made one payment to Debt Advice Foundation in Great Britain for £18,446 and made one payment to Fareshare NE for £22,617.

Additional information (optional) You may choose to include further statements where relevant about:

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set Para 1.41
Performance of fundraising activities against objectives set Para 1.41
Investment performance against objectives	Para 1.41

Other

Financial Review

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Review of the charity’s Para 1.21 In addition to the free reserves the charity
financial position at the end has bank balances of £15,630 (2024:
£26,499) and investments valued at
of the period
£742,730 within the expendable endowment
fund.
Statement explaining the Para 1.22 The Trustees pursue a policy of maintaining
policy for holding reserves a free reserve available to be spent in the
furtherance of the charity’s objectives as
stating why they are held
well as covering future needs, opportunities,
contingencies and risks.
Amount of reserves held Para 1.22 At the end of the reporting period the charity
had free reserves of £13,481 (2024:
£15,231)
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially in Para 1.24 No funds in deficit
deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a going
concern
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Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity

Other		Expendable endowment funds are those which are required to be invested to produce income but which may be 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.

Structure, Governance and Management

Structure, Governance and Management	Structure, Governance and Management	Structure, Governance and Management
Description of charity’s trusts:
Type of governing document (trust deed, royal charter) Para 1.25 Settlement dated 8thJanuary 1971
How is the charity constituted? (e.g unincorporated association, CIO) Para 1.25 Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are appointed by the trustees.

Additional information (optional)

You may choose to include further statements where relevant about:

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Policies and procedures Para 1.51
adopted for the induction
and training of trustees
The charity’s organisational Para 1.51
structure and any wider
network with which the
charity works
Relationship with any related Para 1.51 No trustee received any remuneration or
parties was reimbursed any expenses in the year
under review.
Ludlow Trust Company Limited was paid
£7,010 (2024: £4,837) for trust
administration services and cash
management fees during the year under
review. These fees are authorized under
clause 15 of the will trust.
Other
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Reference and Administrative details

Reference and Administrative details	Reference and Administrative details
Charity name The Gweneth Moxon Charitable Trust
Other name the charity uses
Registered charity number 266672
Charity’s principal address	Trustees Department 1stFloor, Tower Wharf Cheese Lane, Bristol BS2 0JJ

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Ludlow Trust
1
Company Limited
2
3
4
5
6
7
8
9
10
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– Corporate trustees names of the directors at the date the report was approved

Director name
Gary St John Collins
Walter Duncan Coxon
Ali Reza Sarikhani
Ziba Christina Sakine Sarikhani
Christopher Ian Thurlow
Matthew John Wickers
John Stephen Dennis	(resigned 25/10/24)

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	N/A N/A N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

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Type of adviser Name Address
Investment Managers NatWest 2 [nd] Floor, Trinity Quay II, Avon Street,
Bristol, BS2 2DH
Bankers NatWest 2 [nd] Floor, Trinity Quay II, Avon Street,
Bristol, BS2 2DH
Accountants Charter Tax Consulting 8th Floor, 1 Southampton St, London
Ltd WC2R 0LR
Independent Examiner James O’Rourke Blue Spire Limited, Cawley Priory, South
Pallant, Chichester, PO19 1SY
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Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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 Position (eg Secretary, On behalf of Ludlow Trust Chair, etc) Company Limited (Trustee) Date 04 February 2026

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The Gweneth Moxon Charitable Trust 266672
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 06.04.2024 05.04.2025
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
Income from investments 20,760 - - 20,760 19,937
Interest received 1,523 - - 1,523 682
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 22,283 ] - - 22,283 20,619
A2 Asset and investment sales,
(see table).
Sale of investments - - 532,139 532,139 578,759
- - - - -
Sub total - - 532,139 532,139 578,759
Total receipts 22,283 - 532,139 554,422 599,378
A3 Payments
Grants awarded 41,063 - - 41,063 39,445
Investment manager fees (including VAT) - - 3,764 3,764 3,577
Trust administration fees (including VAT) 6,961 - - 6,961 4,811
Cash management fees 49 - - 49 26
Accountancy Fee - - - - 1
- - - - -
- - - - -
Sub total [ 48,073 ] - 3,764 51,837 47,860
A4 Asset and investment
purchases, (see table)
Investment purchases - - 515,204 515,204 532,254
- - - -
Sub total [ - ] - 515,204 515,204 532,254
Total payments 48,073 - 518,968 567,041 580,114
Net of receipts/(payments) - 25,790 - 13,171 - 12,619 19,264
A5 Transfers between funds 24,040 - 24,040 - -
A6 Cash funds last year end 15,231 - 26,499 41,730 22,466
Cash funds this year end 13,481 - 15,630 29,111 41,730
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CCXX R1 accounts (SS)

04/02/2026

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 B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Investment Portfolio Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Capital account Income account Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ - - 13,481 - - - 13,481 - 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) - - - - - Print Name Chris Thurlow on behalf of Ludlow Trust Company Limited (Trustee)	Endowment funds to nearest £ 15,630 - - 15,630 OK Endowment funds to nearest £ - - - - - - Current value (optional) 742,730 - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 04 February 2026

CCXX R2 accounts (SS)

04/02/2026

2

Independent Examiner's Report to the Trustees of The Gweneth Moxon Charitable Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 05 April 2025

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:

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.

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.

James O’Rourke FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY

Date 04 February 2026