## **Trustees’ Annual Report for the period** ## **From 06 April 2024 To 05 April 2025** ## **Charity name: Margaret Guido's Charitable Trust Charity registration number: 290503** ## **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.||| |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 grants totaling £35,400 to the
following charities:

National Trust

Institution of Engineering and Tech| |**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 Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives 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 £9,106 (2024:
£24,323) and investments valued at
of the period
£644,875 within the expendable endowment
fund which can be released to support the
activities of the charity.
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 £11,695 (2024:
£13,169).
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
objectives including any
social investment policy
adopted
Para 1.46|Investment policy and
objectives including any
social investment policy
adopted
Para 1.46|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** |Description of charity’s
trusts:|Description of charity’s
trusts:|Description of charity’s
trusts:| |---|---|---| |Type of governing document
Para 1.25
Trust deed dated 19 October 1984||| |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.| **----- Start of picture text -----**
Additional information (optional)
You may choose to include further statements where relevant about:
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
£6,074 (2024: £5,573) for trust
administration and cash management
services during the year under review.
These fees are authorised under clause 15
of the trust deed.
Other
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## **Reference and Administrative details** |Charity name
Margaret Guido's Charitable Trust|Charity name
Margaret Guido's Charitable Trust| |---|---| |Other name the charity uses|| |Registered charity number
290503|| |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
–
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)
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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 Coutts 440 Strand, London, WC2R 0QS
Bankers Coutts 440 Strand, London, WC2R 0QS
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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|| |---|---| ||Chris Thurlow| ||
On behalf of Ludlow Trust
Company Ltd (Trustee)| ||
04 February 2026| ||
04 February 2026| **----- Start of picture text -----**
TRUST NAME CHARITY NO
Margaret Guido's Charitable Trust 290503
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 17,852 - - 17,852 17,195
Income from Interest 1,453 - - 1,453 638
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 19,305 ] - - 19,305 17,833
A2 Asset and investment sales,
(see table).
Sale of investments - - 448,756 448,756 498,397
- - - - -
Sub total - - 448,756 448,756 498,397
Total receipts 19,305 - 448,756 468,061 516,230
A3 Payments
Charitable Payments 35,400 - - 35,400 34,032
Investment Management Fees + VAT - - 3,242 3,242 3,083
Trust Administration Fees + VAT 6,025 - - 6,025 5,547
Cash Management Fee 49 - - 49 26
Legal Fees - - - - 2
- - - - -
- - - - -
- - - - -
Sub total [ 41,474 ] - 3,242 44,716 42,690
A4 Asset and investment
purchases, (see table)
Investment purchases - - 440,036 440,036 457,147
- - - - -
Sub total [ - ] - 440,036 440,036 457,147
Total payments 41,474 - 443,278 484,752 499,837
Net of receipts/(payments) - 22,169 - 5,478 - 16,691 16,393
A5 Transfers between funds 20,695 - - 20,695 - -
A6 Cash funds last year end 13,169 - 24,323 37,492 21,099
Cash funds this year end 11,695 - 9,106 20,801 37,492
**----- 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**
Coutts portfolio
**Details**
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**11,695**
**-**
**-**
**-**
**11,695**
**-**
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 £**
**9,106**
**-**
**-**
**9,106**
OK
**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**644,875**
**-**
**-**
**-**
**-**
**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 Margaret Guido’s 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. Katie Wilson FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY Date 04 February 2026