Trustees Annual Report for 2024
The Silcock Trust
Our registration number is 272587
Our registered address is High Lawns, Woodhouse Lane, Holmbury St Mary, RH5 6NN
Our trustees are: Susan Hancock, Mark Leveson-Gower, Will Coleridge, Simon Moffat, Claire Tallis
Structure and details
A small charity that assists Church of England clergy with the education of their children. Trustees meet in person or via zoomlink to discuss any new families that come to us for help, and to look after the families already receiving grants. 100% of all our income goes towards our grants. Any administration costs are paid separately by the family.
Activities in the year
In 2024 we made grants to seven families totalling £21,534. We received income from our investments of £17,274.
Our income was boosted by Sebastian Tallis running the London Marathon for us, raising an additional £8,493.
Our total income was £27,181.
Financial Review
We have no debts and no funds are held by a custodian trustee.
Our accounts were independently examined by Mr Roy K Harding FCA, Chartered Accountant.
| Gift | Aid Tax | reclaimable from | reclaimable from | HMRC | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | 2012 | 2013 | 2014 | 2015 | 2015 | 2016 | 2017 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Gift Aid Received | 100.00 | 2750.00 | 2285.00 | 1600.00 | 2600.00 | 2550.00 | 1325.00 | 1275.00 | 4400.00 | 1200.00 | 3200.00 | 4675.00 | 3480.00 | 4900.00 | 650.00 | |
| Tax reclaimable | 25.00 | 687.50 | 571.25 | 400.00 | 650.00 | 637.50 | 331.25 | 318.75 | 1100.00 | 300.00 | 800.00 | 1168.75 | 870.00 | 1225.00 | 162.50 | |
| Payment from HMRC | ||||||||||||||||
| Received | 1683.75 | 1618.75 | 1718.75 | |||||||||||||
| Plus Interest | 2.77 | 7.30 | 3.28 | |||||||||||||
| Total | 1686.52 | 1626.05 | 1722.03 | |||||||||||||
| Analysis | 2012 | 25.00 | 2015 | 650.00 | 2017 | 318.75 | 2020 | 800.00 | 2023 | 1225.00 | ||||||
| 2013 | 687.50 | 2016 | 637.50 | 2018 | 1100.00 | 2021 | 1168.75 | 2024 | 162.50 | |||||||
| 2014 | 571.25 | 2017 | 331.25 | 2019 | 300.00 | 2022 | 870.00 | 2025 | ||||||||
| 2015 | 400.00 | |||||||||||||||
| Sub-total | 1683.75 | 1618.75 | 1718.75 | 1730.00 | 2838.75 | |||||||||||
| Interest | 2.77 | 7.30 | 3.28 | 0.12 | ||||||||||||
| Total | 1686.52 | 1626.05 | 1722.03 | 1730.12 | ||||||||||||
| Received 2/10/19 | Received 3/11/20 in error |
| Silcock Trust:Charity number 272587 | Silcock Trust:Charity number 272587 | ||
|---|---|---|---|
| Statement of Income and Expenditure | |||
| £ | 2024 | 2023 | |
| Dividends | 17,273.58 | 16,558.82 | |
| Gifts - tax reclaimable | 650.00 | 4,900.00 | |
| Gifts - non tax reclaimable | 8,592.61 | 803.75 | |
| Gift Aid Received | 611.04 | ||
| Movement in Gift Aid | |||
| Bank Interest | 53.31 | 46.69 | |
| Total Income | 27,180.54 | 22,309.26 | |
| Bank Charges | (74.25) | (75.00) | |
| Grants | |||
| Frith | (3,000) | (3,000) | |
| Hart | (4,200) | (3,000) | |
| Molloy | (3,000) | (1,000) | |
| O'Reilly | (2,000) | (4,200) | |
| Ward | (3,334) | (3,000) | |
| Weatherill | (3,000) | (5,001) | |
| Wheaton | (3,000) | (3,000) | |
| Total Grants : | (21,534.00) | (22,201.00) | |
| Total Expenditure | (21,608.25) | (22,276.00) | |
| Excess of Income over Expenditure | 5,572.29 | 33.26 |
| Net Assets | ||
|---|---|---|
| Net assets brought forward | 536,337.50 | 507,097.78 |
| Excess of income over expenditure | 5,572.29 | 33.26 |
| Movements in Gift Aid | (448.25) | 1,225.00 |
| Movement in market value of investments | 55,003.23 | 27,981.46 |
| Net assets carried forward | 596,464.77 | 536,337.50 |
04/11/2025
Page 1
| Silcock Trust:Charity number 272587 | Silcock Trust:Charity number 272587 | |||
|---|---|---|---|---|
| Dividends £ | 2024 | 2023 | ||
| Shares | ||||
| 11,345 | Murray Income Trust Ord 25p | 4,368 | 4,396 | |
| 82,550 | Mercantile Investment Trust | 6,398 | 7,177 | |
| 17,183 | Witan Investment Trust Ord 25p | 4,943 | 3,443 | |
| 2,833 | CCLA | 1,565 | 1,543 | |
| Total | 17,273.58 | 16,558.82 |
| Cash Statement £ | Cash Statement £ | 2024 | 2023 | |||
|---|---|---|---|---|---|---|
| CAF Bank: Balance brought forward 1st January | 25,947.42 | 25,914.16 | ||||
| Dividends received | 17,273.58 | 16,558.82 | ||||
| HMRC Gift Aid | 611 | |||||
| Gifts allowable | S M Hancock | 1,000 | ||||
| for gift aid | Polly Dixon | 300 | 240 | |||
| Simon Tallis | 2,000 | |||||
| Handa Bray | 100 | 100 | ||||
| Benedicte Crofts | 100 | |||||
| Christo Booth | 1,000 | |||||
| Diane Allanson | 50 | |||||
| C Baynes | 20 | |||||
| Mary Barons | 40 | |||||
| Mark Leveson-Gower | 250 | 250 | ||||
| Chris Bull | 100 | |||||
| 650.00 | 4,900 | |||||
| Gifts where giftLady Handa Bray | 100 | 100 | ||||
| aid n/a | Brian Watkins | 250 | ||||
| Just Giving (Seb Marathon 24) | 8,493 | 124 | ||||
| Collection Dad's Funeral | 330 | |||||
| 8,593 | 804 | |||||
| Grants | (21,534) | (22,201) | ||||
| Bank account interest | 53 | 47 | ||||
| Bank Charges | (74) | (75) | ||||
| CAF Bank: Balance carried forward 31st December | 31,519.71 | 25,947.42 |
| Silcock Trust:Charity number 272587 | Silcock Trust:Charity number 272587 | ||||
|---|---|---|---|---|---|
| Current Assets £ | 2024 | 2023 | |||
| CAF Bank | Balance at 31st December | 31,519.71 | 25,947 | ||
| Gift Aid accrual(£498 accrued in 2022 +£1225 accrued in 2023 + £163 accrued in 2024) | 1,886 | 2,334 | |||
| Sub-total | Current Assets | 33,406 | 28,281 | ||
| Investments £ | Date of | Cost | Mkt Value | Mkt Value | |
| Acquisition | 02/01/2024 | ||||
| Shares | |||||
| 7,675 | 11/11/85 | 10,425 | 65,084.00 | 65,621 | |
| 500 | (closing price on 31st Dec 2024) | 10/06/99 | 2,437 | 4,240.00 | 4,275 |
| 3,170 | 8.48 | 30/01/03 | 11,597 | 26,881.60 | 27,104 |
| 11,345 | Murray Income Trust Ord 25p | 24,459 | 96,205.60 | 96,999.75 | |
| 54,800 | (closing price on 31st Dec 2024) | 26/05/95 | 15,640 | 129,876.00 | 117,820 |
| 27,750 | 2.37 | 30/01/03 | 11,590 | 65,767.50 | 59,663 |
| 82,550 | Mercantile Investment Trust | 27,230 | 195,643.50 | 177,482.50 | |
| * In 2018 there was a ten for one sub-division | |||||
| 22/06/94 | 14,953 | 80,040 | |||
| (closing price on 31st Dec 2024) | 26/05/95 | 7,640 | 35,960 | ||
| 12.44 | 10/06/99 | 2,471 | 6,960 | ||
| * In 2019 there was a five for one sub-division | 30/01/03 | 11,551 | 54,520 | ||
| 17,183 | Alliance Witan PLC (following merger in 2024) | 36,615 | 213,756.52 | 177,480.00 | |
| Help not sure how to do this we now have 17183 shares???? | |||||
| 1,863 | 23/05/19 | 30,000 | 37,780.22 | 36,886 | |
| 970 | (closing price on 31st Dec 2024) | 18/11/21 | 20,000 | 19,673.83 | 19,208 |
| 20.28 | |||||
| 2,833 | COIF Income fund | 50,000.00 | 57,454.05 | 56,094.19 | |
| Sub-Total | Investments | 563,060 | 508,056 | ||
| Total | Net Assets | 596,465 | 536,337 |
| Date | Amount | Balance | Total Grants | Total Grants | Total Grants | Total Grants | Bank Account Interest Fee |
Gifts | Gifts Nogift aid |
HMRC Gift Aid |
Purchase/Sa CCLA Murray Mercantile/ Equiniti Witan of Shares Dividends |
Purchase/Sa CCLA Murray Mercantile/ Equiniti Witan of Shares Dividends |
Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Frith Hart Molloy O'Reilly Ward Weatherill Wheaton |
|||||||||||||
| 01.01.24 03.01.23 11.01.24 15.01.24 16.01.23 18.01.24 22.01.24 23.01.24 30.01.24 01.02.24 05.02.24 15.02.24 04.03.24 11.03.24 13.03.24 14.03.24 15.03.24 26.03.24 27.03.24 03.04.24 09.04.24 10.04.24 15.04.24 16.04.24 23..04.24 30.04.24 01.05.24 03.05.24 08.05.24 09.05.24 13.05.24 15.05.24 16.05.24 20.05.24 21.05.24 22.05.24 03.06.24 07.06.24 13.06.24 17.06.24 26.06.24 29.06.24 03.07.24 15.07.24 16.07.24 01.08.24 05.08.24 15.08.24 30.08.24 03.09.24 12.09.24 13.09.24 16.09.24 23.09.24 26.09.24 03.10.24 15.10.24 01.11.24 04.11.24 11.11.24 15.11.24 25.11.24 29.11.24 03.12.24 12.12.24 16.12.24 27.12.24 31.12.24 |
20.00 100.00 -5.00 -1000.00 -1000.00 -0.75 -0.75 -1000.00 -0.75 -1000.00 -0.75 -1000.00 -0.75 -1400.00 -0.75 -1667.00 -0.75 100.00 1196.98 20.00 -5.00 388.98 20.00 1029.45 249.37 1077.77 1292.85 -5.00 10.80 1762.74 222.04 1160.25 345.99 20.00 294.10 47.49 -5.00 215.22 58.46 1780.64 125.87 189.99 20.00 141.44 249.10 -1000.00 -0.75 97.90 22.56 -5.00 2724.15 -1400.00 -1000.00 -0.75 -0.75 -1000.00 -0.75 -1000.00 -0.75 20.00 388.98 -1000.00 -0.75 1155.15 1077.77 -5.00 14.11 -1667.00 -0.75 20.00 -5.00 500.00 1238.25 20.00 -5.00 388.98 20.00 1134.50 1338.75 -1400.00 -0.75 -5.00 -1000.00 -1000.00 -1000.00 -0.75 -0.75 -0.75 -1000.00 -0.75 14.39 40.00 -5.00 1238.25 40.00 250.00 -5.00 611.04 398.04 40.00 1077.77 -5.00 14.01 1156.41 |
25,947.42 25,967.42 26,067.42 26,062.42 25,062.42 24,062.42 24,061.67 24,060.92 23,060.92 23,060.17 22,060.17 22,059.42 21,059.42 21,058.67 19,658.67 19,657.92 17,990.92 17,990.17 18,090.17 19,287.15 19,307.15 19,302.15 19,691.13 19,711.13 20,740.58 20,989.95 22,067.72 23,360.57 23,355.57 23,366.37 25,129.11 25,351.15 26,511.40 26,857.39 26,877.39 27,171.49 27,218.98 27,213.98 27,429.20 27,487.66 29,268.30 29,394.17 29,584.16 29,604.16 29,745.60 29,994.70 28,994.70 28,993.95 29,091.85 29,114.41 29,109.41 31,833.56 30,433.56 29,433.56 29,432.81 29,432.06 28,432.06 28,431.31 27,431.31 27,430.56 27,450.56 27,839.54 26,839.54 26,838.79 27,993.94 29,071.71 29,066.71 29,080.82 27,413.82 27,413.07 27,433.07 27,428.07 27,928.07 29,166.32 29,186.32 29,181.32 29,570.30 29,590.30 30,724.80 32,063.55 30,663.55 30,662.80 30,657.80 29,657.80 28,657.80 27,657.80 27,657.05 27,656.30 27,655.55 26,655.55 26,654.80 26,669.19 26,709.19 26,704.19 27,942.44 27,982.44 28,232.44 28,227.44 28,838.48 29,236.52 29,276.52 30,354.29 30,349.29 30,363.30 31,519.71 31,519.71 |
-1000 -1000.00 -1000.00 -1000 -1000 -1400 -1667 -1000 -1400 -1000 -1000 -1000 -1000 -1667 -1400 -1000 -1000 -1000 -1000 |
-5.00 -0.75 -0.75 -0.75 -0.75 -0.75 -0.75 -0.75 -5.00 -5.00 10.8 -5.00 -0.75 -5.00 -0.75 -0.75 -0.75 -0.75 -0.75 -5.00 14.11 -0.75 -5.00 -5.00 -0.75 -5.00 -0.75 -0.75 -0.75 -0.75 14.39 -5.00 -5.00 -5.00 14.01 |
20.00 100.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 40.00 40.00 250.00 40.00 |
100.00 1029.45 249.37 1762.74 222.04 1160.25 345.99 294.10 47.49 215.22 58.46 1780.64 125.87 189.99 141.44 249.10 97.90 22.56 500.00 |
611.04 | 1196.98 388.98 1077.77 1292.85 2724.15 388.98 1155.15 1077.77 1238.25 388.98 1134.50 1338.75 1238.25 398.04 1077.77 1156.41 |
Polly Dixon CAF Lady Bray ? Lady Bray Polly Dixon Polly Dixon Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Polly Dixon Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Polly Dixon Seb just giving Seb just giving Seb just giving Polly Dixon Polly Dixon CAF Polly Dixon Polly Dixon Polly Dixon Polly Dixon Mark Leveson-Gower Polly Dixon |
||||
| Total | 5572.29 | -3000 -4200 |
-3000 | -2000 | -3334 -3000 -3000 |
53.31 -74.25 |
650.00 | 8592.61 | 611.04 | 1564.98 4367.81 6397.63 4943.16 |
0 | ||
| Total Grants | -21534.00 | Total Dividends 17273.58 |
| Date | Amount | Balance | Total Grants | Total Grants | Total Grants | Total Grants | Bank Account Interest Fee |
Gifts | Gifts Nogift aid |
HMRC Gift Aid |
Purchase/Sa CCLA Murray Mercantile/ Equiniti Witan of Shares Dividends |
Purchase/Sa CCLA Murray Mercantile/ Equiniti Witan of Shares Dividends |
Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Frith Hart Molloy O'Reilly Ward Weatherill Wheaton |
|||||||||||||
| 01.01.24 03.01.23 11.01.24 15.01.24 16.01.23 18.01.24 22.01.24 23.01.24 30.01.24 01.02.24 05.02.24 15.02.24 04.03.24 11.03.24 13.03.24 14.03.24 15.03.24 26.03.24 27.03.24 03.04.24 09.04.24 10.04.24 15.04.24 16.04.24 23..04.24 30.04.24 01.05.24 03.05.24 08.05.24 09.05.24 13.05.24 15.05.24 16.05.24 20.05.24 21.05.24 22.05.24 03.06.24 07.06.24 13.06.24 17.06.24 26.06.24 29.06.24 03.07.24 15.07.24 16.07.24 01.08.24 05.08.24 15.08.24 30.08.24 03.09.24 12.09.24 13.09.24 16.09.24 23.09.24 26.09.24 03.10.24 15.10.24 01.11.24 04.11.24 11.11.24 15.11.24 25.11.24 29.11.24 03.12.24 12.12.24 16.12.24 27.12.24 31.12.24 |
20.00 100.00 -5.00 -1000.00 -1000.00 -0.75 -0.75 -1000.00 -0.75 -1000.00 -0.75 -1000.00 -0.75 -1400.00 -0.75 -1667.00 -0.75 100.00 1196.98 20.00 -5.00 388.98 20.00 1029.45 249.37 1077.77 1292.85 -5.00 10.80 1762.74 222.04 1160.25 345.99 20.00 294.10 47.49 -5.00 215.22 58.46 1780.64 125.87 189.99 20.00 141.44 249.10 -1000.00 -0.75 97.90 22.56 -5.00 2724.15 -1400.00 -1000.00 -0.75 -0.75 -1000.00 -0.75 -1000.00 -0.75 20.00 388.98 -1000.00 -0.75 1155.15 1077.77 -5.00 14.11 -1667.00 -0.75 20.00 -5.00 500.00 1238.25 20.00 -5.00 388.98 20.00 1134.50 1338.75 -1400.00 -0.75 -5.00 -1000.00 -1000.00 -1000.00 -0.75 -0.75 -0.75 -1000.00 -0.75 14.39 40.00 -5.00 1238.25 40.00 250.00 -5.00 611.04 398.04 40.00 1077.77 -5.00 14.01 1156.41 |
25,947.42 25,967.42 26,067.42 26,062.42 25,062.42 24,062.42 24,061.67 24,060.92 23,060.92 23,060.17 22,060.17 22,059.42 21,059.42 21,058.67 19,658.67 19,657.92 17,990.92 17,990.17 18,090.17 19,287.15 19,307.15 19,302.15 19,691.13 19,711.13 20,740.58 20,989.95 22,067.72 23,360.57 23,355.57 23,366.37 25,129.11 25,351.15 26,511.40 26,857.39 26,877.39 27,171.49 27,218.98 27,213.98 27,429.20 27,487.66 29,268.30 29,394.17 29,584.16 29,604.16 29,745.60 29,994.70 28,994.70 28,993.95 29,091.85 29,114.41 29,109.41 31,833.56 30,433.56 29,433.56 29,432.81 29,432.06 28,432.06 28,431.31 27,431.31 27,430.56 27,450.56 27,839.54 26,839.54 26,838.79 27,993.94 29,071.71 29,066.71 29,080.82 27,413.82 27,413.07 27,433.07 27,428.07 27,928.07 29,166.32 29,186.32 29,181.32 29,570.30 29,590.30 30,724.80 32,063.55 30,663.55 30,662.80 30,657.80 29,657.80 28,657.80 27,657.80 27,657.05 27,656.30 27,655.55 26,655.55 26,654.80 26,669.19 26,709.19 26,704.19 27,942.44 27,982.44 28,232.44 28,227.44 28,838.48 29,236.52 29,276.52 30,354.29 30,349.29 30,363.30 31,519.71 31,519.71 |
-1000 -1000.00 -1000.00 -1000 -1000 -1400 -1667 -1000 -1400 -1000 -1000 -1000 -1000 -1667 -1400 -1000 -1000 -1000 -1000 |
-5.00 -0.75 -0.75 -0.75 -0.75 -0.75 -0.75 -0.75 -5.00 -5.00 10.8 -5.00 -0.75 -5.00 -0.75 -0.75 -0.75 -0.75 -0.75 -5.00 14.11 -0.75 -5.00 -5.00 -0.75 -5.00 -0.75 -0.75 -0.75 -0.75 14.39 -5.00 -5.00 -5.00 14.01 |
20.00 100.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 40.00 40.00 250.00 40.00 |
100.00 1029.45 249.37 1762.74 222.04 1160.25 345.99 294.10 47.49 215.22 58.46 1780.64 125.87 189.99 141.44 249.10 97.90 22.56 500.00 |
611.04 | 1196.98 388.98 1077.77 1292.85 2724.15 388.98 1155.15 1077.77 1238.25 388.98 1134.50 1338.75 1238.25 398.04 1077.77 1156.41 |
Polly Dixon CAF Lady Bray ? Lady Bray Polly Dixon Polly Dixon Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Polly Dixon Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Seb just giving Polly Dixon Seb just giving Seb just giving Seb just giving Polly Dixon Polly Dixon CAF Polly Dixon Polly Dixon Polly Dixon Polly Dixon Mark Leveson-Gower Polly Dixon |
||||
| Total | 5572.29 | -3000 -4200 |
-3000 | -2000 | -3334 -3000 -3000 |
53.31 -74.25 |
650.00 | 8592.61 | 611.04 | 1564.98 4367.81 6397.63 4943.16 |
0 | ||
| Total Grants | -21534.00 | Total Dividends 17273.58 |
THE SILCOCK TRUS THE SILCOCK TRUST INDEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF THE SILCOCK TRUST I report on the accounts of the Trnst for the year ended 31" December 2024, which are set out OD pages I to 3. Respe¢tive Responsibiliti¢$ of Trustees And Eyaminen As the Charity's Trustees you are responsible for tbe prep4rAtioo of the accounts j YOU Consider that the audit requirements of SeL'tion 4.1(?1 of the Cbgriti-. Act 1993 (tb.e Act) do not apply. It is my responsibillty to state, on the basis of procedures sp¢eifi¢d in the General Directions given by the Ch4rity Commtssioners under Section 43(7)(b) of the Aet, whether partieular matters hAve come to my at¢¢ntion. Basis of Independent Exgdminer's Report My examin4tion Jvas Carried out in aeeordAnce with the General Directions given by the Charity Commissioners. An examin4tion ineludes a review of the accounting records kept by the charity Y4nd # comparison of the a¢eounts presented Jvith those records. It also includes ¢onsideration of any unusiial items or disc105ures in the a¢¢ounts, and seeking explanations from you 8$ Trustees concerDiDg Any such matters. 'fh¢ pro¢edures undertaken do not provide all the evidellce that would be required in an audil and consequently I do not express an audit opinion on the view given by the aeeounts. Independent Examlner'5 Statement In conne¢tioD with my exAmiD4tiott, no matter has come to my ¥4ttention: which glve me r¢asoDable ¢&use to belleve that in any materlgl respeel the requirements to keep aecountinv records in a¢eord4nce with S¢ction 41 of the Ael and to pr¢pAre A¢counts which accord with the aceounting records and to eompty with the accounting requiremenls of the Act have not been met: or to which, ID my opinion, attention should be drawn In order to enable a proper understanding of the accounts to b¢ reached. ROY K PHILLIPS FCA Ch&rtered Accountant Stanford in the Vale, Oxon October 2025