| CHARITY COMMISSION FOR ENGLAND AND WALES ## Trustees’ Annual Report for the period From 06/04/2024 Period start date To 5/04/2025 Period end date ## Charity name: THE GRUMITT CHARITABLE TRUST ## Charity registration number: 529912 ## Objectives and Activities |a|a|a| |---|---|---| |Summary ofthe purposes of| Para 1.17||In accordancewith thetermsofthe Trust,| |the charity as set out in its||providesscholarship and grants to pupils| |governing document||attending Stoneyhurst College, St Ignatius| |||College and St Aloysius College| |Summaryofthe main
activities in relation to those|aa 1.17and|TheTrusteesare satisfied thatthese purposes
remain charitable favouringthose attending| |purposes forthe public||Stoneyhurst College, St Ignatius College& St| |benefit, in particular, the
activities, projects or||Aloysius College| |services identified in the||| |accounts.||| |Statement confirming|Para 1.18|The Trustees have complied with the duty in| |whetherthe trustees have||Section4ofthe CharityAct 2006 to have due| |had regard totheguidance
issued bythe Charity
Commission on public||regard to public benefitguidance published by
the CharityCommission.| |benefit||| ## Additional information (optional) |Additional information (optional)||| |---|---|---| |You may
choose to include further statements|where relevant about:|| |a||| |Para 1.38||| |.
.
Policy on grant making||| |Para 1.38||| |Policy on social investment||| |including program related||| |investment||| |Para 1.38||| |.
.
Contribution made by||| |volunteers||| ||The Investment Portfolio is fully managed|| |Other|by|afirmofInvestmentManagers.Dueto| changes in processes investment transactions formerly processed through the Trust's accounts are now handled by Investment Managers. We have therefore reflected this in the Statement of Balances and have reinstated the 2023 figures. ## Achievements and Performance |ste|ste|ste| |---|---|---| |||Make income payments to various pupils| |||attending Stoneyhurst College, St Ignatius| |||College & St Aloysius College (Reg charity no| |;
Summary of the main
achievements ofthe charity,|Para 1.20|529912) in accordancewith thetermsofthe of
Trust.| |identifying the difference the||| |charity’s work has made to||| |the circumstances of its||| |beneficiaries and anywider||| |benefits to society as a||| |whole.||| ## Additional information (optional) You may choose to include further statements where relevant about: |Achievements against|Para 1.41| |---|---| |objectives set|| |Performance offundraising
activities againstobjectives | Para 1.41|| |set|| |Investment performance|Para 1.41| |against objectivesme|| ## Financial Review |Review ofthe charity's|Para 1.21|The trust’s assets consist entirely ofa| |---|---|---| |financial position at the end||professionally managed investments| |ofthe period||portfolio. The capital is held permanently in| |||Trust, but all income is paid to Stoneyhurst| |||College, St Ignatius College & St Aloysius| |||College
. The Trustee is satisfied with the| |||management ofthe investments.| |Statement explaining the|Para 1.22|TheTrustees do not have a policyon reserves.| |policy for holding reserves||| |stating why
they
are held||| |Reasons for holding zero|Para 1.22|This is a simple Trust invested in a| |reserves||professionally managed portfolio. Trust| |||does not have any activities forwhich| |reserves would be required.
[li
a
deficit
Explanation ofany
Para 1.23
uncertainties about the||| |charity continuing as a going||| |concern||| ## Additional information (optional) You may choose to include further statements where relevant about: The charity’s principal sources of funds (including | Pat 1-47 any fundraising) Investment policy and objectives including any lie social investment policy adopted A description of the principal | Para 1.46 risks facing the charity me ## Structure, Governance and Management |ee
trusts:
Type ofgoverning document | Para 1.25|ee
trusts:
Type ofgoverning document | Para 1.25|ee
The Grumitt Charitable TrustWill Dated27™| |---|---|---| |(trust deed, royal charter)||January 1964.| |How is the charity|Para 1.25|Trust| |constituted?||| |(e.g unincorporated||| |association, ClO||| |Trustee selection methods|Para 1.25|Trustees are appointed in accordance with the| |including details ofany||Will and Trust law.| |constitutional provisions e.g.||| |election to post orname of||| |any person or body entitled||| |fo appoint one ormore||| |trustees||| |Additional information (optional)|Additional information (optional)| |---|---| |You may
choose to include further statements where relevant about:|| |Policies and procedures|| |adopted forthe induction|pata:dst| |and training oftrustees|| |The charity’s organisational|| |structure and anywider|Parasia| |network with which the|| |charityworks|| |Relationship with any related | Para 1.51|| |parties|| |Sees|| ## Reference and Administrative details ||Othernamethechartyuses[0||Othernamethechartyuses[0| |---|---| |Charity’s principal address|Lloyds Bank Private Banking| ||UK Trust Centre| ||The Clock House| ||22-26 Ock Street| ||Abingdon| ||OX14 5SW| |a|| Names of the charity trustees who manage the charity |1|LloydsBankple
|
|| |---| |2[JohnGrumi**t**ft| | Corporate trustees — names of the directors at the date the report was approved
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## Name of trustees holding title to property belonging to the charity **----- Start of picture text -----**
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|Funds held as custodian trustees on behalf of others|Funds held as custodian trustees on behalf of others| |---|---| |Description ofthe assets|N/A| |held in this capacity|| |Name and objects ofthe|| |charity on whose behalf the|| |assets are held and how this|| |falls within the custodian|| |charity's objects|| |Details ofarrangements for|| |safe custody and|| |segregation ofsuch 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) Saye Position (eg Secretary, | Chair, etc) Senior Manager ya Date| 47/42/2025 ## Eo! CHARITY COMMISSION | Independent examiner's report on the FOR ENGLAND AND WALES accounts ## SectionA ## Independent Examiner’s Report **----- Start of picture text -----**
Report to the trustees ty Name
THE GRUMITT CHARITABLE TRUST
On accounts for the year | 05/04/2025
ended
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Charity no | 529912
(if any)
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- | report to the trustees on my examination of the accounts of the above charity (“the Trust’) for the year ended 05/04/2024. Responsibilities an As the charity's trustees, you are responsible for the preparation of the accounts in casi of report accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. - Independent | have completed my examination. | confirm that no material matters have come to - examiner's statement "Y attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: e the accounting records were not kept in accordance with section 130 of the Charities Act; or - e the accounts did not accord with the accounting records; or - e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. | 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. **----- Start of picture text -----**
Date: | 02/02/2026
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:
Name: | RL H CRAWFORD BA CA CTA
Relevant professional |MEMBER OF THE INSTITUTE OF CHARTERED ACCOUNTANTS OF
qualification(s) or body |SCOTLAND
(if any):
Address: | JEFFREY CRAWFORD & CO
25 CASTLE TERRACE
EDINBURGH, EH1 2ER
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IER 1 Oct 2018 Section B ## Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **----- Start of picture text -----**
Give here brief details of
any items that the
examiner wishes to
disclose.
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IER 2 Oct 2018 CHARITY COMMISSION FOR ENGLAND AND WALES|GRUMITT CHARITABLE TRUST soe Receipts and payments accounts CC16a For the period To end from 06/04/2024 05/04/2025 Section A Receipts and payments Unrestricted Restricted Endowment Total funds Last year funds funds funds Wie _earest to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts Income from investments other than land and buildings Starting balance adjustment | PoFT fF|126,120) | es) DO OO (ee es es re eees es ee) aSub SCOe Oe ee ee total (Gross income for 63,277 126,180 AR) A2 Asset and investment sales, (see table). [Proceeds from sale ofinvestments | | Sub total] **----- Start of picture text -----**
A3 Payments
Auditindependentexamination es |eee
linvestmentmanagementcosts, | Ef ECD | |
Tusteesfees |]PE Ee
Investec funds no longer manged through T5000] [15,000] =f 69,524 |
our accounts
Payment to Investec re Income
Distribution
ee aoe 2eene) aes
SOs OyI Oy(ee
Sub total] 9977] [ 18.900|
Aé4 Asset and investment
purchases, (see table)
eeSub total| |ed
Net of receipts/(payments) | - 30,0744] = 47,377 17,303] | - 109,855
AGAS Transfers between funds 30,000} {|C-| I- 30,000{/ -| | +
Cash funds last year end fF 6,703 7,677 117,532
Cash funds this yearend| —s-900} |—ssCis 24,080 24,980 7,677
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CCXX R11 accounts (SS) 4 03/02/2026 **----- Start of picture text -----**
Section B Statement of assets and liabilities at the end of the period
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Unrestricted Restricted Endowment Categories Details funds funds funds to nearest £ to nearest £ to nearest £ [of [| (agree balances with receipts and payments account(s)) Unrestricted Restricted Endowment funds funds funds Details to nearest £ to nearest £ to nearest £ —_ — Details Fundasset to belongs which Costost (optional)(opti , Currentoptional value —_ —= Details Fundasset to belongs which Costost (optional)(opti 1 Currentoptional value B4 Assets retained for the I LE Fund to which Amount due When due Details; liability relates optional optional _ —= = Signed by one or two trustees on ; . Date of behaif of all the trustees Signature Print Name approval er CCXX R1 accounts (SS) 1 03/02/2026