SARASIN CHARITY AUTHORISED INVESTMENT FUNDS

Charity number: 1176240

Charity overview

Activities - how the charity spends its money

The objective of Sarasin Charity Authorised Investment Funds ("the CAIF") is to further the charitable purposes of the charities that directly or indirectly hold units in the funds of the CAIF.

Income and expenditure

Data for financial year ending 31 December 2023

Total income: £72,858,000
Total expenditure: £109,658,000

People

2 Trustee(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • General Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 12 December 2017: Standard registration
Organisation type:
Trust
Other names:

No other names

Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Risk management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

2 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
NatWest Trustee and Depositary Services Ltd Trustee 05 December 2017
None on record
SARASIN INVESTMENT FUNDS LIMITED Trustee 05 December 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £64.36m £47.05m £47.69m £60.35m £72.86m
Total expenditure £16.15m £85.70m £96.38m £106.21m £109.66m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets N/A N/A N/A N/A N/A
Long-term investments N/A N/A N/A N/A N/A
Other assets N/A N/A N/A N/A N/A
Defined benefit pension scheme asset or liability N/A N/A N/A N/A N/A
Total liabilities N/A N/A N/A N/A N/A

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023
Accounts and TAR 31 December 2023
Annual return 31 December 2022
Accounts and TAR 31 December 2022
Annual return 31 December 2021
Accounts and TAR 31 December 2021
Annual return 31 December 2020
Accounts and TAR 31 December 2020
Annual return 31 December 2019 17 March 2021 137 days late
Accounts and TAR 31 December 2019 17 March 2021 137 days late Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

TRUST DEED DATED 07 DEC 2017 AS AMENDED BY DEED DATED 07 AUG 2019 AS AMENDED BY DEED DATED 03 FEB 2020 as amended on 23 Sep 2021

Charitable objects

1. SUBJECT TO THE FOLLOWING CLAUSE TO FURTHER THE CHARITABLE PURPOSES OF THE CHARITIES THAT DIRECTLY OR INDIRECTLY HOLD UNITS IN THE SUB-FUNDS FROM TIME TO TIME; 2. IF AT ANY TIME THERE ARE NO UNITHOLDERS IN ANY SUB-FUND, THE MANAGER AND TRUSTEE WILL DETERMINE THE TRUST'S CHARITABLE PURPOSES.

Contact information

Address:
SARASIN INVESTMENT FUNDS LIMITED
JUXON HOUSE
100 ST. PAUL'S CHURCHYARD
LONDON
EC4M 8BU
Phone:
02070387019
Email:
productsolutions@sarasin.co.uk
Website:

www.sarasinandpartners.com Open in new window