## **Trustees’ Annual Report for the period**
**From 01/01/2022 Period start date To 31/12/2022 Period end date**
**Charity name: William Davis’s Educational Foundation**
**Charity registration number: 312314**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|(A) A SUNDAY SCHOOL, OR
CLASSES FOR RELIGIOUS
INSTRUCTION IN
ACCORDANCE WITH THE
DOCTRINES OF THE CHURCH
OF ENGLAND; (B) EVENING OR
OTHER CLASSES FOR
INSTRUCTION IN SECULAR
SUBJECTS, OR LECTURES OF
AN EDUCATIONAL
CHARACTER; (C) PHYSICAL
INSTRUCTION; (D) THE
ADVANCEMENT OF
EDUCATION BY MEANS OF A
LIBRARY OR READING ROOM;
(E) OTHERWISE PROMOTING
THE EDUCATION OF
CHILDREN; CANDIDATES FOR
THE BENEFITS MENTIONED
ABOVE TO BE POOR
CHILDREN RESIDENT IN THE
BENEFICIAL AREA OF THE
METROPOLITAN BOROUGHS
OF STEPNEY AND HACKNEY|
|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|Grant giving to support extra-curricula
activities in schools in the benefit area.|
|Statement confirming
whether the trustees have|Para 1.18|All Trustees are guided to the information
published by the Charity Commission, and|
had regard to the guidance the objectives of this Charity. All issued by the Charity applications are discussed and decisions Commission on public arrived at jointly. benefit
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
||
SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|Grants are offered to Schools proposed by
and operating within the ambit of the London
Diocesan Board for Schools (LDBS). The
Trust’s original Governing Document is
geographically restrictive. Trustees give
priority to applications from Schools within
this area and will only approve grants
outside the traditional area of benefit when
the project demonstrates innovation and
transferability.|
|Policy on social investment
including program related
investment|Para 1.38|**n/a**|
|Contribution made by
volunteers|Para 1.38|**n/a**|
|Other|||
## **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|No grants have been made during this
accounting period as no viable
applications have been received. The
Trust has appointed a professional
Fundraiser to allow support for a
number of projects that have been
proposed by LDBS|
**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**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**At the end of the period the Charity held**
**reserves of over £50,000. This is higher**
**than in previous years and is due to it not**
**having been possible to make any grants**
**during the period.**
**The Charity’s income is derived almost**
**entirely from two investment funds, the**
**performance, risk and costs of each**
**being reviewed annually.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves will be held to allow a degree of**
**flexibility in grant-making, to mitigate the**
**potential for this being affected by**
**cashflow, to allow support for**
**exceptional projects, and cover any**
**unexpected expenditure.**|
|Amount of reserves held|Para 1.22|**£50,754**|
|Reasons for holding zero
reserves|Para 1.22|**n/a**|
|Details of fund materially in
deficit|Para 1.24|**n/a**|
|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:
|
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|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust deed**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Foundation CIO**|
|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|**Election to post**|
## **Additional information (optional)**
You may choose to include further statements where relevant 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|**We support Schools within the ambit of**
**the London Diocesan Board for Schools**
**(LDBS)**|
|Other|||
## **Reference and Administrative details**
|Charity name|William Davis’s Educational Foundation|
|---|---|
|Other name the charity uses|Davis Trust|
|Registered charity number|312314|
|Charity’s principal address|Coglan House
Old Monmouth Road
LONGHOPE
Gloucestershire
GL17 0NZ|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||John Henry William
Davis|Chair|||
||Charles Stuart
Gould|Trustee|||
||Alexandra Gould|Trustee|||
||KayLouise Boag|Trustee|||
||Sean Davis|Trustee|||
||Elspeth Mitchell|Trustee|||
||Lynn Elizabeth
Maxwell|Trustee|||
||Mark William Davis|Trustee|||
||Walter William
Davis|Deputy Chair|||
||Fiona Saunders-
Watson|Treasurer|||
||Nicola Jane
Daubeny|Clerk|||
||Cecilia Jane Paton|Trustee|||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved **Director name**
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 n/a held in this capacity
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)**
**Type of Name Address adviser**
**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)** _N J Daubeny_ **Full name(s)** Nicola Jane Daubeny
**Position (eg Secretary,** Clerk and Trustee **Chair, etc)**
**Date**
03/10/23
## **William Davis Educational Foundation**
|**Year End**|31.12.2022|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||**Went online to get the**||**balance**||||||
|**Cash Book**|**Current Account - 03512339**|||||||||||||
|||Jan|Feb|Mar
Apr|May|Jun
Jul||Aug|Sep
Oct||Nov
Dec||Total|
|Bal C.f||14,136.77|20,394.59 20,394.67 20,394.75||26,667.98|26,583.86 26,584.68||34,230.66 34,231.56 34,233.37|||40,827.55 40,833.30||14,136.77|
|Income||||||||||||||
||Interest|0.08|0.08 0.08 0.70||0.88|0.82|0.79|0.90 1.81||3.26|5.75|0.08|15.23|
||Div - 4038913|4,539.78||4,304.79|||5,252.34||.
4,873.32||||18,970.23|
||Div - 4038914|2,073.16||1,967.74|||2,392.85||2,222.80||||8,656.55|
||Donations||||5.00|||||||94.80|99.80|
||Tsf from savings||||||||||10,000.00||10,000.00|
||Sub Total|6,613.02|0.08 0.08 6,273.23||5.88|0.82|7,645.98|0.90 1.81 7,099.38|||5.75 10,094.88||37,741.81|
|Expenses||||||||||||||
||AGM Expenses|||||||||||173.92|173.92|
||||||||||||||-|
||||||||||||||-|
||Website|355.20|||90.00|||||505.20|||950.40|
||Reinvestment||||||||||||-|
||||||||||||||-|
||Sub Total|355.20|- - -||90.00|-|-|- -||505.20|-|173.92|1,124.32|
|**Bal C/fw**||**20,394.59**|**20,394.67 20,394.75 26,667.98**||**26,583.86**|**26,584.68 34,230.66**||**34,231.56 34,233.37 40,827.55**|||**40,833.30 50,754.26**||**50,754.26**|
|**Cash Book**|**Reserve Account - 17099919**||||
|---|---|---|---|---|
||Jan|Feb
Mar
Apr
May
Jun|Jul
Aug
Sep
Oct
Nov
Dec|Total|
|Bal C.f|10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00|||10,000.00|
|Income|||||
|||||-|
|||||-|
|||||-|
||Sub Total
|- - - - - - - - - - - -||-|
|Expenses|||||
|||||-|
|Tsf to Current|accoutn||10,000.00||
||Sub Total
|- - - - - - - - - - - 10,000.00||10,000.00|
|**Bal C/fw**|**10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 -**|||**-**|
## **William Davis Educational Foundation**
**Accounts for the year ended 31 December 2022**
|**Income**
Investment Income
Donations
Interest|£
27,626.78
99.80
15.23|
|---|---|
||27,741.81|
|**Expenditure**
Expenses
Website
Income less Expenses|173.92
950.40|
|---|---|
||1,124.32|
||**26,617.49**|
|Cash
Current Account
Reserve Account|50,754.26
-|
|---|---|
||50,754.26|
## **William Davis Educational Foundation**
## **Black Rock Valuation Valuation as at 31/12/2022**
## **Valuation as at 31/03/2023**
|**Fund**
Accumulation of Income - S.R>.
BLK Charities UK Equitiy Fund A Ltd
GB00BFBFWK47
BLK Charities UK Bond Fund A Inc
GB00BFBFWK23
Permanent Endowment - S.R
BLK Charities UK Equitiy Fund A Ltd
GB00BFBFWK47
BLK Charities UK Bond Fund A Inc
GB00BFBFWK23
**Cash as at 24 November 2022**
Current Account
Savings Account|**No. Of Units**
**Bid Price**
**Value**
75803.8
690.4191 523,363.91
21672.796
145.9318 31,627.50
554,991.42
34009.063
690.4191 234,805.07
12150.521
145.9318 17,731.47
252,536.54
£ 807,527.96
50,754.26
-
50,754.26|**Value @ 31/12/2021**
**No. Of Units**
**Bid Price**
**Value**
542,300.39
75803.8
708.7042 537,224.71
39,812.93
41836.837
147.8938 61,874.09
582,113.31
599,098.80
243,300.84
34009.063
708.7042 241,023.66
22,320.51
12150.521
147.8938 17,969.87
265,621.34
258,993.53
£ 847,734.66
£ 858,092.33|**Value @ 31/12/2021**
**No. Of Units**
**Bid Price**
**Value**
542,300.39
75803.8
708.7042 537,224.71
39,812.93
41836.837
147.8938 61,874.09
582,113.31
599,098.80
243,300.84
34009.063
708.7042 241,023.66
22,320.51
12150.521
147.8938 17,969.87
265,621.34
258,993.53
£ 847,734.66
£ 858,092.33|
|---|---|---|---|
||||£ 858,092.33|
|||||
## **Prepayments**
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