## **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** **----- Start of picture text -----**
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** **----- Start of picture text -----**
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: **----- Start of picture text -----**
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** **----- Start of picture text -----**
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)** **----- Start of picture text -----**
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 **----- Start of picture text -----**
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
**----- End of picture text -----**
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