CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 2 July 2022 Perlod start date To 1 July 2023 Perfod end date Charity name: PTARMIGAN TRUST Charity reglstration number: 274046 Objectives and Activities SORP r8fer8nce Summary of the purposes of the charity as set out in ils overnin document Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, proieds or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.17 GENERAL CHARITABLE PURPOSES Para 1.17 and 1.19 MAKING GRANTS TO INSTITUTIONS Para1 18 When plannlng actlvltles for the year, the Trustees have considered the Charlty Commlssion's guidance on publlc beneflt and are satlsfled thal Ihe Charity's activities met the princtples lald out In the uldance Addltlonal Informatlon loptlonal) You ma choose to include further statements where relevant atout. SORP ref8r8nca Parn 1.38 Policy on grant making Pora 1.38 Policy on social investment including program related investment Par8 1.38 Contribution made by volunteers Other Achievements and Performance SORP refaronce Granls totalllng £72,500 were mado to nlneteen charltable Instltutlons Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstan￿$ of its beneficiaries and any wider benefits lo society as a whole. Para 1.20 Addltlonal Informatlon (optlonal) You ma choose to include further statements where relevanl about.. Achievements against objectives set Par8 1.41 Performance of fundraising activilies against objectives set Para1.41 Investment perfornian against objectives Para 1.41 Other Financial Review Review of the charity's financial position at the end of the eriod Stalemenl explaining the policy for holding reserves stating why they are held P8ra 1.21 Reserves reduced from £82,180 10 £79,907 as a result of a lowor donation recelved shortl before the oar end Reserves are held in cash only and arlse from the timing difference between recelpt of donallons and the approval of rant dlstributions £79,907 NIA Par8 1.22 Amount of rese￿eS held Reasons for holding zero reseNes Delails of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concem Par8 1.22 Pard 122 P8rB 124 NIA Para 123 NIA Addltlonal Information (optional) You ma choose to include further statements where relevant about: The charity's principal sources of funds {including any fundraising) Para 1.47 Inv8Stment policy and objectives including any social investment policy adopted P8r8 1.46 A description of the principal risk5 facing the charity Par8 1.46 Other Structure, Governance and Management Description of charity's trusts.. Type of governing documenl P8ra 1.25 Trust Deed dated 31 May 1977 How is the charity constituted? Par8 1.25 Unlncorporated Charllable Trust Ira;8d 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 Appolnted by the Settlor durlng hls Ilfetime and thereafter by serving Trustees Addltlonal Infonnatlon loptlonal) You ma choose to include further statements where relevant at()ut= Policies and procedures adopted for the induction and training of Iruslees Para 1.51 The charity's organisational structure and any wider network w1th which the charity works Para 1.51 Relationship with any related parties Para 1 51 Other Reference and Administrative details Chari name Other name the Ghari uses Re istered chari number Charity's principal address Ptarmi an Trust 274046 Shielhill House Linn Road Stanley Perth and Kinross PH14QF Names of the charlty Irustees who manage the charlty Dalè5 act•d If not for who ear Trustee name Office1Sf any) Name of pers¢)n lor body) entFtled olnt trust•• Ifan Frances Nicholson Kil Nicholson Francoise Stichelbaut 10 12 13 14 15 16 17 18 19 20 orate trustees - name5 of the directors at the date the re Oirector narne ortwasa roved Name of trustees holding title to propety belonging to the charity Trustoe namo Dates acted If not for whole Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and object5 ofthe charity on whose behalf the assets are held and how this falls within the custodian charity's objects Detsils of arrangements for safe custody and segregation of such assets from the charity's own assets Addltlonal Informatlon (optlonall Names and addrosses of advisers Ioptlonal Informatlonl Typo of Name Address adviser Name of chief executlve or names of senlor staff members (Optional Infomiatlon) Exemptions from disclosure Reason for non4isclosure of ke rsonnel detsils Other o tional information Declarations The trustees declare that they have approved the trustees, rèport abovè. Slgned on behalf of the charlty's trustees Signature(sl Full name(s) Posltlon (eg Secretary, Chair, etc) Frances Nicholson Tnjstee Date +•Augusl 2023 CHARITY COMMISSION FOR ENGLANO ANO WAIES Receipts and payments accounts For the perlod from To Section A Receipts and payments Unrestricted funds to twar￿t Endowment funds to th r￿￿rI*l £ Restricted funds Total funds to ths £ A1 Recel ts NA￿oNs 70.OOD 232 70,QOO 232 8ANK INTEREST Sub total(Gross income forARJ TO.232 TD,232 A2 Ass•t and Inv•stmènt sal•s, tabl• . Sub total Total receipts 70,232 10,232 ments GPANTS TO INSTITUITIOI4S INtEPENCENT EXAMINER BANK CHARGES Sub totsi 72,505 72.505 A4 Asset and tnv85tm•nt purchases, Ise& tabl•l Sub total Totalpoyments 72,$05 72.5115 Net of receiptslpayments) A5 Transfers between funds A6 Cash funds last yearend Cash funds this year end 2,273 2,273 82,180 82,180 79,907 79,907 CCXX R1 attounts ISSI 2610812024 Section B Statement of assets and liabilities at the end of the period ￿n￿striCtod fundg to n•4rwat £ Restricted funds CategDr¢as Detallg B1 Cashfunds Twofos CLRPENT ACLOUNT 79,907 Totalcash lunds 79,907 Unrvstdcted funds to n&qr•At £ R•8trtct•d funds Details B2 Ot￿r monfrtary assets FurKI to wNch •••qt Dttails B3 Investment assets to Dttails I IWlc*¥ll 84 Assets retsingd for the charily's own use 114t411ty r•l•t•A 14rtlr•)Ill 85 Llabllltles Sioned by onè or th Iru5tee5 on b8haff of all the trustees s￿natU Print Name NCES NICHOLSON CCXX R2 accounts ISSI 2610812024 CC16a Last yoar to thj rnx••i e 80.000 21 80.021 BO,021 312 68,520 88,520 11,501 70,679 82,180 CCXX R3 a￿￿ntS ISSI 2610812024 Endowment funds to n•ar••t £ Endowm•nt fLbnds lo nDareol £ Cwr•rt val Curr•rt val 1¢ptIc￿l Oate of approv31 14-Au -23 CCXX P4 awunts ISSI 2610812024 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of** Ptarmigan Trust |**On accounts for the year**
**ended**
**Set out on pages**|1 July 2023|**Charity no**
**(if any)**|274046| |---|---|---|---| ||||| ||1 & 2
(remember to include the page numbers of additional sheets)||| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **01/ 07 / 2023** . **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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 (other than that disclosed below *) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 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. - _Please delete the words in the brackets if they do not apply._ **Signed: Name:** Kevin Christopher Fisher **Relevant professional** FCA **qualification(s) or body (if any):** **Date:** 13 August 2024 1 **Oct 2018** **IER** Norman House ## **Address:** 8 Burnel Road Sutton, Surrey SM1 4BW ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **Oct 2018** **IER**