## **Trustees’ Annual Report for the period** ## **From 06 April 2024 To 05 April 2025** ## **Charity name: Heinrich Wolfgang Donner Settlement Charity registration number: 286192** ## **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 or the provision of travelling
scholarships or other financial aid to
Nationals of the Scandinavian Countries, to
assist and encourage them in research in
English literature and general education
assistance. Nominees are provided by Abo
Akademi Uni.||| |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 provide
grants in accordance with the deed. 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
**----- End of picture text -----**
|**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 grants totalling £39,287 Abo Akademi
Uni, Finland| ## **Additional information (optional)** You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other ## **Financial Review** |**Financial Review**|**Financial Review**|**Financial Review**| |---|---|---| |Review of the charity’s
financial position at the end
of the period
Para 1.21
In addition to the free reserves the charity
has bank balances of £9,718 (2024:
£26,712)
and
investments
valued
at
£766,213 within the expendable endowment
fund which can be released to support the
activities of the charity.||| |Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22
The Trustees pursue a policy of maintaining
a free reserve available to be spent in the
furtherance of the charity’s objectives as
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 £17,189 (2024:
£34,423).| |Reasons for holding zero
reserves
Para 1.22
N/A|Reasons for holding zero
reserves
Para 1.22
N/A|Reasons for holding zero
reserves
Para 1.22
N/A| |---|---|---| |Details of fund materially in
deficit
Para 1.24
No funds in deficit||| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| |**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:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)
Para 1.47||| |Investment policy and
objectives including any
social investment policy
adopted
Para 1.46||| |A description of the principal
risks facing the charity
Para 1.46||| |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
Para 1.25
Deed of settlement dated 12thMay 1958||| |How is the charity
constituted?
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 existing
trustees.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees
Para 1.51||| |The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51||| |Relationship with any related
parties|Para 1.51|No trustee received any remuneration or
was reimbursed any expenses in the year
under review.
Ludlow Trust Company Limited was paid
£7,059
(2024:
£4,186)
for
trust
administration
and
cash
management
services duringtheyear under review.| These fees are authorised under clause 6 of the trust deed. Other ## **Reference and Administrative details** |**Reference and Administrative details**|**Reference and Administrative details**| |---|---| |Charity name
Heinrich Wolfgang Donner Settlement|| |Other name the charity uses|| |Registered charity number
286192|| |Charity’s principal address|Ludlow Trust Co Ltd
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 Ltd
2
3
4
5
6
–
Corporate trustees names of the directors at the date the report was approved
Director name
Gary Collins
Walter Coxon
Ali Sarikhani
Ziba Sarikhani
Christopher Thurlow
Matthew Wickers
John Dennis (resigned 25th October 2024)
**----- End of picture text -----**
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|| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A|| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|N/A|| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **----- Start of picture text -----**
Type of adviser Name Address
Investment Managers NatWest 2nd Floor Trinity Quay II, Avon Street, PO
Box 3138, Bristol, BS2 2DH
Bankers NatWest 2nd Floor Trinity Quay II, Avon Street, PO
Box 3138, Bristol, BS2 2DH
Accountants Charter Tax Consulting 8th Floor, 1 Southampton Street, London,
Ltd WC2R 0LR
Independent Examiner Katie Wilson Blue Spire Limited, Cawley Priory, South
Pallant, Chichester, PO19 1SY
**----- End of picture text -----**
**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 Ltd (Trustee) **Date** 04 February 2026 **----- Start of picture text -----**
TRUST NAME CHARITY NO
Heinrich Wolfgang Donner Settlement 286192
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 20,930 - - 20,930 19,851
Income from Interest 1,526 - - 1,526 890
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 22,456 ] - - 22,456 20,741
A2 Asset and investment sales,
(see table).
Sale of investments - - 511,437 511,437 562,353
- - - - -
Sub total - - 511,437 511,437 562,353
Total receipts 22,456 - 511,437 533,893 583,094
A3 Payments
Charitable Payments 39,287 - - 39,287 -
Investment Management Fees + VAT - - 3,806 3,806 3,798
Trust Administration Fees + VAT 7,015 - - 7,015 4,148
Cash Management Fee 44 - - 44 38
Bank Charges 15 - - 15 -
- - - - -
- - - - -
- - - - -
Sub total [ 46,361 ] - 3,806 50,167 7,984
A4 Asset and investment
purchases, (see table)
Investment purchases - - 517,954 517,954 533,359
- - - - -
Sub total [ - ] - 517,954 517,954 533,359
Total payments 46,361 - 521,760 568,121 541,343
Net of receipts/(payments) - 23,905 - - 10,323 - 34,228 41,751
A5 Transfers between funds 6,671 - - 6,671 - -
A6 Cash funds last year end 34,423 - 26,712 61,135 19,384
Cash funds this year end 17,189 - 9,718 26,907 61,135
**----- 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
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
Capital account
Income account
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
Investment portfolio
**Details**
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**17,189**
**-**
**-**
**-**
**17,189**
**-**
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 £**
**9,718**
**-**
**-**
**9,718**
OK
**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**766,213**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
04 February 2026| |---|---|---|---| Signed by one or two trustees on behalf of all the trustees CCXX R2 accounts (SS) 04/02/2026 2 ## **Independent Examiner's Report to the Trustees of Heinrich Wolfgang Donner Settlement** I report to the charity trustees on my examination of the accounts of the charity for the year ended 5[th] 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. Katie Wilson FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY Date 05 February 2026