Registered No: 327174 PETER CADBURY CHARITABLE TRUST FINANCtAL STATEMENTS FOR THE YEAR ENDED S APRtI. 2024
PETER CADBURY CHARITABLE TRUST Trustees: P.H.G. cadry E.M. (The Duchess OD Ar8yII Mr S.C. Cadbury Address: D74 Albion Riverside 8 Hester Road London SWII 4AW Bankers: Handelsbanken 3, F'loor, 86 Jermyn Street London SWI Y 6JD Investment Adviser3, Investec Wealth & Investfflent Management Limited 30 Greshain Street London EC2V 7QN Independen¢ Examiner: Daen O'connor BSC(Hon5) FCCA ACA James Cowper Kieston. Chartered Accountant5 Reading Bridge House George Street Reading RGI 8LS Registered Charity No= 327174
PETER CADBURY CHAIUTABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED S APRJL 2024 Conslitution and Objects The settlement is registered with Ihe Charity Commission number.. 327174 and is constituted under a deed of seiilemenl daled 12 May 1986. The principal objectives of the charity are to apply the income received in the payment of donations or subscriptions for public benetil to such charitable institution or insiilulion5 for all or any of the charitable objects or purpose5 a5 Ihe Trustees or a majority in poini of numbeT of the Trustees shall in their discretion from lime lo time think fit and detemiine, Organisalion The Irustees are as shown on the front of this report and in accoidance with the governin8 document. The trustees have the power to nominate addiiional trustees Financi*l Review The income of the "frugt amounted ¢0 £36.074 wmpared to £41,407 for the prevtous ycar. The Trust rcccived a donation from the GeoT8e Cadbury Chari(able Trusi in the year lo 5 April 2024 of £3,000 (2023 - £10.000). 38 cheques for charitable donations were drawn totalling £35.685 which included the under-menlioned donations in excess of £l,IN)O..- Royal Horticultural Society Friends of the Ar8yII Papers Garsington Opera The Wallace Colleclion Royal Ballet School Sir John Soane's Museum Royal Opera House Royal Trinity Hospice Chelsea Physic Garden Inlemational Red Cross UK Royal Horticultural Society Dulwich Picture Gallery Ashmolean Museum Richmond's Hope Helen & Dou8la5 House Cancer Research Fund Maggies Cenlre The Art Fund Friends of Il)e Ar8yII Papers St Martin5 in the Fields -The Conneciion 1.300 2.000 1.8(X) 2.000 2.000 1.500 .350 1.500 1.200 1.000 1,3(K) .250 i.oou .500 2.000 1,000 i.soo 1.500 2.000 £ 30.700
PETER CADBURY CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2024 Trnstees The three Trustees as shown earlier in ihis set of account5 served for the whole of the year under review. Public Benefit The Trustees have had due iegard to Charily Commission 8uidance on Public Benefit during the year. Investment Policy There is no limitation on inveslmen15 and the tTUStee5 undertake the purchase and disposal of investmenls on Ihe recommendation of the trnst's investment advlscrs. Reserves Policy The Trustees aim 10 cover the CO of donations out of ffen1 income and reserves. The &ccoiints have been prepared by Derek IArder FC.A. Chanered Accountant of 22 Walerleaze. Taiinlon. Somerset T A2 8PX from the bank Statements and stockbrokers teMentS relaling to the Trusiees accounts with Handelsbanken and Invesiec Wealth & Invesiment Limited respectively and from information supplied bv the Tnistees Thev have been independenilv examined by r)arren O'C.onnor BSCIHons) FCC.A Af.A, a member of James Cowper Krestory Chartered Accountants and Registered Auditors. Approved by the I'rusiees and signed on theii behalf by.'_ 2024 Peter H G Cadbwy
PETER CADBURY CHAIUTABLE TRUST STATEMENT OF FINANCIAL ACTivfTIES for the year ended S April 2024 Unreslricted Funds 2024 Unrestricled Funds 2023 Income & Expendilure Income Froln: Donations and Legacies.. Regular George Cadbury Charitable Trust 3.olx 10,000 Investment Income: Dividends from UK lisied investments Interest on UK listed investments Overseas dividends Overseas interest Other interest Dividends from UK REIT investments 15,008 8,657 5.913 3,383 16.272 5,793 6.360 2.830 78 74 Total Income 36,074 41.407 Expenditure on: Inve%tmeni management cnM' Investment advisers fee Chariiable Aciivities.. Donations paid GovernaTrce Costs.. Professional fees.. Accouniancy fees Independent examiner's fees Bank charges 10.151 9,688 35.685 36.360 7(K 570 7(K) 540 21 Total Expenditure 47.106 47,309 et incomellexptnditure) Gainsl(Losses) on fixed asset investmenis. Realisedluntealised 111.032) (5,9U2) 36.701 (87,379) Net movement in funds 25,669 (93,281) Reconcilivdtion of funds: Unrestricted fund5 brought forward 1.062.567 1.155.848 Unrestiicted funds carried forward £ 1.088.236 £1,062,567
PETER CADBURY CHARtTABLE TRUST BALANCE SHEET Ydt S April 2024 2024 2023 Fixed A55et Investments UK Listed Equities & Unit Trusts UK Listed Fixed Interest Investments Overseas Listed Investments 500,847 157.457 382.549 547,551 99,272 384.088 1.040.853 1,030.91 Current A55ets Interest R¢c¢ivable Funds held by Stockbrokers Cash * Bank 2,26% 27.535 21.459 4.040 30,531 51.262 35.950 Current Liabilities Creditors.. amounts falling due wiihin one year Accruals for professional fees 3.879 4,294 Net current assets 47,383 31.656 Total Net Assels £1.088.236 £1.062,567 Fund$ Unrestricted £1.088.236 £1,062.567 Approved on behalf of the Trnstees 4)n ... . .. Mr P H G Cadbury
PETER CADBURY CHARITABI.E TRUST ACCOUNTINC POLICIES year ¢0 S April 2024 Accoun¢ing Convention The financial Statements have been prepared in accordance with the Charities SORP {FRS 102) - Accounting and Reportin8 by Charitie5'. Statement of Recommended Prathice applicable io charities preparing their accounts in accordance with ihe Financial Reporting Standaid applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019), the Financial Reporting Standard appljcable in the UK and Republic of Ireland (FRS 102) and Charities Act 2011. The financial statemenis have been prepared to give a 'ttrue and fair" view The Injst meets the definilion of a public benefit entity under FRS 102. Asset5 and liabilities are initially iecognised al historical cost or transaction value unless oiherwise stated in the relevant accounljng policy. Basis of Accounting The accounts are prepared on an accwals basis. All income is recognised once the Charity has entitlement to the income. Resources Expended Grants and donations paid are charged a8ainst income in the year they are paid. All grants and donations are one-off payments. Other resources expended aTe iftcluded in the SOFA on an accrua15 basts. Expenditure includes V AT which is not recoverable by Ihe Charity. Investments Investments are shown at middle-market value_ Realised 8ains and losses on disposals and unrealised gains or10s5es when the investments ale revalued are reflected in the SOFA. Reserves All fvnds are unrestricted.
PETER CADBURY CHARITABLE TRUST NOTES TO THE ACCOUNTS Year to S April 2024 UK Listed Securities Equili Fixed Inl't Oversea$ Securitie5 2024 Total 2023 Total Investments Unre5tricled Fund Market Value at 6 April 2023 547.551 99,272 384,088 1,030,911 1,095.252 Additions at co Purchased 20.847 86.436 53,085 160,368 348,437 Proceeds from sale of investments (75,397} (27,608) {84,122) (187,127) {325,399) Net investment 8ains/{losses} Unreali5ed Realised 8,164 (318) I,(K)O (1.643) 32.066 (2.568) 41.230 (58,340) (4.529) (29,039) Market Value al 5 April 2024 £500,847 £157.457 £382.549 £1.040.853 £1,030.911 Tru51ee5 Mr D Larder, a fornier Trustee. was paid £7CK) during (he year for the keeping of ihe Trnsls accounting re¢ords and preparation of the annual accounts.
PETER CADBURY CHARITABLE TRUST INDEPENDENT EXANItNER'S REPORT TO THE TRUSTEES OF PETER CADBURY CHARITABI.E TRUST I rew)rt lo the Trustees on my exarnination of the accounts of the Peter Cadbury Chariiable Trust for tlie year ended 5" April 2024. Responsibililies and bAsis of report As the charity Trustees of the Trust you are responsible for ihe Pfepara¢ion of ihe accounts in accordancc with the requirements of the Charities Act 2011 {'Ihe Aci"). I report in respect of my examinaiion 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 8ivcn by Charily Commission under Section 145 (5)(b) of the Act. Jndependent Examiner's StAteMent I have completed my examination. I confirm that no matetial matters have come lo my attention in connection with the examination giving me cause lo believe that in any material respcct_' l. Accounting records were not kept in respeci of the TTUSt as required by section 130 of the Acl" or 2. The accounts do not accord with those record5" or 3. The accounts do noi comply with the applicablc requirements concerning the forni and content of accounts set out in the Charities (Accounts Report5) Regulations 2008 other than any requirement that the accounts give a "Irue and fair view- which is noi a matt consideied a5 part of an independent examinalion. I have no concerns and have come across no other Matters in connection with the examination io which altention should be drawn in ihis report in order io enable a prope[ understanding of the accounis to be reached. Signed.. l>ate. 17 October 2024 Darren O'connor BSC{Hons) FCCA ACA James Cuwper Kreslon, Chartered Ac¢ounianis Reading Bridge House George House Readiiig RGI 8LS