||**The Wilfred and Elsie Elkes Charity Fund**|**The Wilfred and Elsie Elkes Charity Fund**|**The Wilfred and Elsie Elkes Charity Fund**|**The Wilfred and Elsie Elkes Charity Fund**|**The Wilfred and Elsie Elkes Charity Fund**|**326573**|**326573**||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||**Receipts andpayments accounts**|||||||||**CC16a**|| |**For the period**
**from**
~~**e**e~~|||Period start date
11.08.2022|Period end date
**To**
10.08.2023
~~e~~|||||||| |**Section A Receipts and payments**|||||||||||| ||**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**|||**Last year**|| ||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**|||**to the nearest £**|| |**A1 Receipts**|||||||||||| |Income from investments|**69,064**||**-**||||**69,064**|||**45,992**|| |Interest received|**698**||**-**||**1,792**||**2,491**|||**84**|| ||**-**||**-**||||**-**|||**-**|| ||**-**||**-**||**-**||**-**|||**-**|| ||**-**||**-**||**-**||**-**|||**-**|| ||**-**||**-**||**-**||**-**|||**-**|| ||**-**||**-**||**-**||**-**|||**-**|| ||**-**||**-**||**-**||**-**|||**-**|| |**_Sub total_**_(Gross income for_
_AR)_|_(Gross income for_
_AR)_
**69,763**||**-**||**1,792**||**71,555**|||**46,076**|| |**A2 Asset and investment sales,**
**(see table).**
Sale of investments
**-**
**-**
**971,904**
**971,904**
**2,054,025**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**971,904**
**971,904**
**2,054,025**
**_Total receipts_**
**69,763**
**-**
**973,696**
**1,043,459**
**2,100,101**
~~S555~~|||||||||||| |**A3 Payments**|||||||||||| |Grants awarded|**-**||**-**||**-**||**-**|||**47,000**|| |Investment manager fees (Including VAT)|||||||||||| ||**-**||**-**||**13,118**||**13,118**|||**14,392**|| |Trust Administration fees (including VAT)|||||||||||| ||**-**||**-**||**11,737**||**11,737**|||**15,896**|| |Independent Examiners fees|**-**||**-**||**780**||**780**|||**780**|| |Cash management fees|**81**||**-**||**-**||**81**|||**-**|| |Bank charges|**-**||**-**||**18**||**18**|||**-**|| ||**-**||**-**||**-**||**-**|||**-**|| ||**-**||**-**||**-**||**-**|||**-**|| ||**-**||**-**||**-**||**-**|||**-**|| |**_Sub total_ **|**81**||**-**||**25,653**||**25,734**|||**78,068**|| |**A4 Asset and investment**
**purchases, (see table)**
Investmentpurchases
**-**
**-**
**871,264**
**871,264**
**1,964,087**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**871,264**
**871,264**
**1,964,087**
**_Total payments_**
**81**
**-**
**896,917**
**896,998**
**2,042,155**
~~——————~~|||||||||||| |**_Net of receipts/(payments)_**
**69,682**
**-**
**76,778**
**146,461**
**57,946**
**A5 Transfers between funds**
**-**
**-**
**A6 Cash funds last year end**
**21,082**
**81,483**
**102,564**
**44,619**
**_Cash funds this year end_**
**90,764**
**-**
**158,261**
**249,025**
**102,565**
~~===>>~~|||||||||||| CCXX R1 accounts (SS) 18/04/2024 1 ## **Section B Statement of assets and liabilities at the end of the period** ||||**Unrestricted**
**Restricted**||**Endowment**| |---|---|---|---|---|---| |**Categories**|**Details**||**funds**
**funds**||**funds**| ||||**to nearest £**
**to nearest £**||**to nearest £**| |**B1 Cash funds**|**-**
**-**
**158,261**
**90,764**
**-**
**-**
**-**
**-**
**-**
**90,764**
**-**
**158,261**
**_Total cash funds_**
Capital account
Income account
~~<==~~||||| ||(agree balances with receipts and payments|(agree balances with receipts and payments|||| ||account(s))||OK
OK||OK| ||||**Unrestricted**
**Restricted**||**Endowment**| ||||**funds**
**funds**||**funds**| ||**Details**||**to nearest £**
**to nearest £**||**to nearest £**| |**B2 Other monetary assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~—_—~~||||| ||**Details**||**Fund to which**
**asset belongs**
**Cost (optional)**||**Current value**
**(optional)**| |**B3 Investment assets**|**Endowment**
**-**
**2,632,544**
**-**
**-**
**-**
**-**
**-**
**-**
Investment portfolio
~~—=——~~||||| ||**Details**||**Fund to which**
**asset belongs**
**Cost (optional)**||**Current value**
**(optional)**| |**B4 Assets retained for the**
**charity’s own use**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~aa~~||||| ||||**Fund to which**
**Amount due**||**When due**| ||**Details**||**liability relates**
**(optional)**||**(optional)**| |Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
CCXX R2 accounts (SS)|**-**
**-**
**-**
**-**
Date of
approval
Print Name
Chris Thurlow on behalf of Ludlow
Trust CompanyLimited
Signature
2
18/04/2024
~~—~~||||| CCXX R2 accounts (SS) ## **Trustees’ Annual Report for the period** **From 11 August 2022 To 10 August 2023** **Charity name: The Wilfred and Elsie Elkes Charity Fund Charity registration number: 326573** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the Trust are to further such
objects or purposes which are exclusively
charitable as the trustees may in their
absolute discretion think fit and will give
consideration to the wishes of the legator
being for:
a)The promotion of child welfare
b)The welfare of the elderly
c)Contribution
to
the
cost
of
accommodation for individulas at
Kirk House, Red Cross and St
Mary’s Mount care and rest homes
in Uttoxeter
d)Animal welfare in Uttoxeter, and
e)Churches of whatever denomination
in Uttoxeter| |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.| |Statement confirming
whether the trustees have
had regard to the guidance
issued bythe Charity|Para 1.18|In determining the charity’s activities the
trustees have had regard to the Charity
Commission’s guidance on public benefit.| Commission on public benefit |**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:| |---|---|---| ||SORP reference|| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|| |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|During the year under review the charity di
not make any grants.| |**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** |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the reporting period the charity
had
free
reserves
of
£90,764 (2022:
£21,082).
In addition to the free reserves the charity
has bank balances of £158,261 (2022:
£81,483)
and
investments
valued
at
£2,632,544
within
the
expendable
endowment fund.| |---|---|---| |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|| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **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** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Will of Mrs Elsie Mary Elkes (deceased)
dated 23 March 1983| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Will 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 trustees.| |**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:| |---|---|---| |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 nor
reimbursed any expenses in the year under
review.| During the year Ludlow Trust Company were paid fees for trust administration services of £11,737 as authorized under the Will. Other ## **Reference and Administrative details** |Charity name|The Wilfred and Elsie Elkes Charity FUnd| |---|---| |Other name the charity uses|| |Registered charity number|326573| |Charity’s principal address|Trustees Department
1stFloor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ| ||| **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|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Ludlow Trust
CompanyLimited|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| 20 – 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 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 adviser**|**Name**|**Address**| |---|---|---| |**Investment Managers**|The Royal Bank of
Scotland|Trinity Quay II, Avon Street, Bristol BS2
0PT| |**Bankers**|Coutts & Co|Trinity Quay II, Avon Street, Bristol BS2
0PT| |**Accountants**|KJF Accounting Limited|17 Sheringham Avenue, Southgate,
London, N14 4UB| |||| **Name of chief executive or names of senior staff members (Optional information)** ~~Cn~~ ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ~~pO~~ **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 on behalf of Ludlow Trust Company Limited **Position (eg Secretary, Chair, etc)** ~~**—** —~~ **Date** ~~Pn~~ CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of The Wilfred and Elsie Elkes Charity Fund On accounts forthe year ended 101h August 2023 Charity no (if any) 326573 Set out on pages 1to2 I report to the trustees on my examination of the accounts of the above 1th charity ("the Trusfl for the year ended 10 August 2023. Responsibilities and As the charity irustees of the Trust. you are responsible for the preparation basis of report of the accounts in accordance with the requirernents of the Charities Act 2011 (Xhe Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directsons given by the Charity Commission under section 145(51(b) of the Act I have completed my examination. I confimi that no material matters have come to my attention in connection the examination which gives me cause to believe that in, any material respect." accounkn.ng records were not kept in accordan￿ with section 130 of the Act or the accounts do not accorrj vrith the accounting records Independent examinerfs statement I have no con￿m5 and have come across no other matters in corsnection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: Name: Mr Keith Felton Relevant professional qualification{sl or body lif any): ACCA Address: KJF Accounts'ng Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB Section B Disclosure Only complete if the examiner needs to highlight matters of con￿rn {see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018 Give here brief detalls of any Items that the examiner wishes to disclose. IER October 2018 ## 2024-04-29Elkes-Accounts Final Audit Report 2024-04-29 Created: 2024-04-29 By: Estera Rzepus (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAcvhDGhkkFmTwAzk403iXKTMtU3ZT72M- ## "2024-04-29Elkes-Accounts" History - Document created by Estera Rzepus (Estera.Rzepus@ludlowtrust.com) 2024-04-29 - 1:51:33 PM GMT Document emailed to Chris Thurlow (chris.thurlow@ludlowtrust.com) for signature 2024-04-29 - 1:51:39 PM GMT - Email viewed by Chris Thurlow (chris.thurlow@ludlowtrust.com) 2024-04-29 - 2:05:12 PM GMT - Document e-signed by Chris Thurlow (chris.thurlow@ludlowtrust.com) Signature Date: 2024-04-29 - 2:05:29 PM GMT - Time Source: server Agreement completed. 2024-04-29 - 2:05:29 PM GMT