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← D J H Currie Memorial Trust

2024-07-11-accounts

David John Hodge Currie Memorial Trust David John Hodge Currie Memorial Trust David John Hodge Currie Memorial Trust David John Hodge Currie Memorial Trust David John Hodge Currie Memorial Trust 802971 802971
Receipts andpayments accounts CC16a
For the period
from
~~ee~~		 12.07.2023
Period start date		 11.07.2024
Period end date
To
~~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
47,212		 - - 47,212 31,739
Interest received
2,051		 - - 2,051 1,269
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)		 (Gross income for
AR)		 49,263 - - 49,263 33,008
A2 Asset and investment sales,
(see table).
Sale of investments
-
-
1,550,541
1,550,541
813,578
-
-
-
-
-
Sub total -
-
1,550,541
1,550,541
813,578
Total receipts
49,263
-
1,550,541
1,599,804
846,586
~~S555~~
A3 Payments
Grants awarded - - - - 35,686
Investment manager fees (VAT inclusive)
- - 7,249 7,249 7,260
Trust management fees (VAT inclusive)
12,180 - - 12,180 6,462
Independent Examiners fees 780 - - 780 780
Cash management fees 57 - - 57 30
Bank charges - - - - 36
- - - - -
- - - - -
- - - - -
**Sub total ** 13,017 - 7,249 20,266 50,254
A4 Asset and investment
purchases, (see table)
Investmentpurchases
-
-
1,533,316
1,533,316
791,342
-
-
-
-
Sub total -
-
1,533,316
1,533,316
791,342
Total payments
13,017
-
1,540,565
1,553,582
841,596
~~——————~~
Net of receipts/(payments)
36,246
-
9,976
46,222
4,990
A5 Transfers between funds
12,170
- 12,170
-
-
A6 Cash funds last year end
5,279
20,114
25,393
20,403
Cash funds this year end
53,695
-
17,920
71,615
25,393
~~===>>~~

CCXX R1 accounts (SS)

17/02/2025

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period 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
C		 Signature
Details
Details
Capital account
Income account
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Investment portfolio
~~hris Thurlow (Feb 19, 2025 13:31 GMT)~~		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
53,695
-
-
-
53,695
-
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 CmpanyLimited		 Endowment
funds
to nearest £
17,920
-
-
17,920
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
1,648,206
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
~~hris Thurlow (Feb 19 2025 13:31 GMT)~~ Chris Thurlow on behalf of Ludlow
Trust CmpanyLimited
~~,~~

CCXX R2 accounts (SS)

17/02/2025

2

Trustees’ Annual Report for the period

From 12 July 2023 To 11 July 2022

Charity name: David John Hodge Currie Memorial Trust Charity registration number: 802971

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The object of the Memorial Trust is to hold
the fund and the annual income and to pay
the income thereof to Charitable Institutions
or Charitable Objects in Essex, at the
trustees discretion. No recipient may
benefit more than once every four years
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 in
accordance with the Letter of Wishes.
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

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 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 were made during the year
under review.

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 £53,695 (2023:
£5,279).
In addition to the free reserves the charity
has bank balances of £17,920 (2023:
£20,114)
and
investments
valued
at
£1,648,206 within the endowment fund.
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.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22
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 dated 18 January 1973
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 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.

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 or
was reimbursed any expenses in the year
under review.

Ludlow Trust Company Limited was paid £12,180 for trust administration services during the year under review. Other

Reference and Administrative details

Charity name David John Hodge Currie Memorial Trust
Other name the charity uses
Registered charity number 802971
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		 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

19 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)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of adviser
Name
Address
Investment Managers NatWest 2ndFloor Trinity Quay II, Avon Street,
Bristol BS2 2DH
Bankers NatWest 2ndFloor Trinity Quay II, Avon Street,
Bristol BS2 2DH
Accountants KJF Accounting Limited 17 Sheringham Avenue, Southgate,
London, N14 4UB

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

==> picture [505 x 126] intentionally omitted <==

----- Start of picture text -----
Signature(s)
C hris Thurlow (Feb 19, 2025 13:31 GMT)
Full name(s) Chris Thurlow on behalf of Ludlow
Trust Company Limited
Position (eg Secretary,
Chair, etc)
Date
----- End of picture text -----

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of David John Hodge Currie Memorial Trust On accounts for the year ended 11th July 2024 Charity no (if any) 802971 Set out on pages 1 to2 ,reivièmber to Iii udp Ihe p24e ndmbers ol addi'.1011,Al shEL¥isi I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 22nd April 2024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in 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, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no materia5 matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection 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(s) or body (if any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018

Give here brief details of any items that the examiner wishes to disclose. IER October 2018

2025-02-19Currie-Accounts

Final Audit Report

2025-02-19

Created: 2025-02-19 By: Estera Rzepus (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAA3Q1z3lxImnZXkuFguJVETeXpVOZ0lY3F

"2025-02-19Currie-Accounts" History

2025-02-19 - 12:52:13 PM GMT

Document emailed to Chris Thurlow (chris.thurlow@ludlowtrust.com) for signature

2025-02-19 - 12:52:18 PM GMT

Agreement completed.

2025-02-19 - 1:31:48 PM GMT