M&G CHARIBOND CHARITIES FIXED INTEREST FUND — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Suppressed
Charity type: Trust
Registered: 8 July 2019
Removed: Not supplied
Financial period: 1 November 2024 – 31 October 2025
Latest income: £1,778,000
Latest expenditure: £2,360,000
Gift Aid: No
Owns or uses land: No
In administration: No
Insolvent: No
CIO: No

Public contact address: M&G SECURITIES LIMITED, 10 Fenchurch Avenue, LONDON, EC3M 5AG

Website recorded by the regulator: Website maintained by the Manager https://www.mandg.co.uk/charities/ (displayed as text)

02 Activities

What the charity does

Charibond provides a managed investment for the fixed interest portion of charities' investment portfolios. The Fund provides charities with an actively managed portfolio of gilt-edged and other fixed interest stocks and deposits designed to produce a high income while preserving capital value.

03 Official extract

Charity Annual Return History

Fin Period Start Date: 1 November 2024
Fin Period End Date: 31 October 2025
Ar Cycle Reference: AR25
Reporting Due Date: 31 August 2026
Date Annual Return Received: 20 August 2026
Date Accounts Received: 20 August 2026
Total Gross Income: £1,778,000
Total Gross Expenditure: £2,360,000

Fin Period Start Date: 1 November 2023
Fin Period End Date: 31 October 2024
Ar Cycle Reference: AR24
Reporting Due Date: 31 August 2025
Date Annual Return Received: 6 May 2025
Date Accounts Received: 6 May 2025
Total Gross Income: £3,273,000
Total Gross Expenditure: £3,938,000

Fin Period Start Date: 1 November 2022
Fin Period End Date: 31 October 2023
Ar Cycle Reference: AR23
Reporting Due Date: 31 August 2024
Date Annual Return Received: 19 July 2024
Date Accounts Received: 19 July 2024
Total Gross Income: £2,275,000
Total Gross Expenditure: £3,579,000

Fin Period Start Date: 1 November 2021
Fin Period End Date: 31 October 2022
Ar Cycle Reference: AR22
Reporting Due Date: 31 August 2023
Date Annual Return Received: 25 August 2023
Date Accounts Received: 25 August 2023
Total Gross Income: £1,351,000
Total Gross Expenditure: £2,312,000

Fin Period Start Date: 1 November 2020
Fin Period End Date: 31 October 2021
Ar Cycle Reference: AR21
Reporting Due Date: 31 August 2022
Date Annual Return Received: 13 July 2022
Date Accounts Received: 13 July 2022
Total Gross Income: £1,145,000
Total Gross Expenditure: £2,574,000

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 November 2024
Fin Period End Date: 31 October 2025
Ar Due Date: 31 August 2026
Ar Received Date: 20 August 2026
Total Gross Income: £1,778,000
Total Gross Expenditure: £2,360,000
Grant Making Is Main Activity: No
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: Yes
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: Yes
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 November 2023
Fin Period End Date: 31 October 2024
Ar Due Date: 31 August 2025
Ar Received Date: 6 May 2025
Total Gross Income: £3,273,000
Total Gross Expenditure: £3,938,000
Grant Making Is Main Activity: No
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: Yes
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: Yes
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 November 2022
Fin Period End Date: 31 October 2023
Ar Due Date: 31 August 2024
Ar Received Date: 19 July 2024
Total Gross Income: £2,275,000
Total Gross Expenditure: £3,579,000
Grant Making Is Main Activity: No
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: Yes
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: Yes
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 November 2021
Fin Period End Date: 31 October 2022
Ar Due Date: 31 August 2023
Ar Received Date: 25 August 2023
Total Gross Income: £1,351,000
Total Gross Expenditure: £2,312,000
Charity Raises Funds From Public: No
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 November 2020
Fin Period End Date: 31 October 2021
Ar Due Date: 31 August 2022
Ar Received Date: 13 July 2022
Total Gross Income: £1,145,000
Total Gross Expenditure: £2,574,000
Charity Raises Funds From Public: No
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 November 2024
Fin Period End Date: 31 October 2025
Ar Due Date: 31 August 2026
Ar Received Date: 20 August 2026
Income Donations And Legacies: 0
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 1778000
Income Other: 0
Income Total Income And Endowments: 1778000
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £130,000
Expenditure Charitable Expenditure: £2,230,000
Expenditure Other: 0
Expenditure Total: 2360000
Expenditure Investment Management: 130000
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 0
Expenditure Depreciation: 0
Gain Loss Investment: 278000
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £0
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £0
Assets Total Liabilities: £0
Assets Current Investment: 0
Assets Total Assets And Liabilities: £0
Creditors One Year Total Current: 0
Creditors Falling Due After One Year: 0
Assets Cash: £0
Funds Endowment: 0
Funds Unrestricted: 0
Funds Restricted: 0
Funds Total: 0
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 November 2023
Fin Period End Date: 31 October 2024
Ar Due Date: 31 August 2025
Ar Received Date: 6 May 2025
Income Donations And Legacies: 0
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 3273000
Income Other: 0
Income Total Income And Endowments: 3273000
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £246,000
Expenditure Charitable Expenditure: £3,692,000
Expenditure Other: 0
Expenditure Total: 3938000
Expenditure Investment Management: 246000
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 0
Expenditure Depreciation: 0
Gain Loss Investment: 2677000
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £277,000
Assets Total Fixed: 77087000
Assets Own Use: 0
Assets Long Term Investment: 77087000
Defined Benefit Pension Scheme: 0
Assets Other Assets: £1,693,000
Assets Total Liabilities: £834,000
Assets Current Investment: 445000
Assets Total Assets And Liabilities: £77,946,000
Creditors One Year Total Current: 834000
Creditors Falling Due After One Year: 0
Assets Cash: £81,000
Funds Endowment: 0
Funds Unrestricted: 0
Funds Restricted: 77946000
Funds Total: 77946000
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 November 2022
Fin Period End Date: 31 October 2023
Ar Due Date: 31 August 2024
Ar Received Date: 19 July 2024
Income Donations And Legacies: 0
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 2275000
Income Other: 0
Income Total Income And Endowments: 2275000
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £269,000
Expenditure Charitable Expenditure: £3,310,000
Expenditure Other: 0
Expenditure Total: 3579000
Expenditure Investment Management: 269000
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 0
Expenditure Depreciation: 0
Gain Loss Investment: -841000
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £447,000
Assets Total Fixed: 84839000
Assets Own Use: 0
Assets Long Term Investment: 84839000
Defined Benefit Pension Scheme: 0
Assets Other Assets: £2,880,000
Assets Total Liabilities: £749,000
Assets Current Investment: 1903000
Assets Total Assets And Liabilities: £86,970,000
Creditors One Year Total Current: 749000
Creditors Falling Due After One Year: 0
Assets Cash: £101,000
Funds Endowment: 0
Funds Unrestricted: 0
Funds Restricted: 86970000
Funds Total: 86970000
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 November 2021
Fin Period End Date: 31 October 2022
Ar Due Date: 31 August 2023
Ar Received Date: 25 August 2023
Income Donations And Legacies: 0
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 1351000
Income Other: 0
Income Total Income And Endowments: 1351000
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £308,000
Expenditure Charitable Expenditure: £2,004,000
Expenditure Other: 0
Expenditure Total: 2312000
Expenditure Investment Management: 308000
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 0
Expenditure Depreciation: 0
Gain Loss Investment: -11021000
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £1,609,000
Assets Total Fixed: 90436000
Assets Own Use: 0
Assets Long Term Investment: 90436000
Defined Benefit Pension Scheme: 0
Assets Other Assets: £1,733,000
Assets Total Liabilities: £1,061,000
Assets Current Investment: 675000
Assets Total Assets And Liabilities: £91,108,000
Creditors One Year Total Current: 1061000
Creditors Falling Due After One Year: 0
Assets Cash: £62,000
Funds Endowment: 0
Funds Unrestricted: 0
Funds Restricted: 91108000
Funds Total: 91108000
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 November 2020
Fin Period End Date: 31 October 2021
Ar Due Date: 31 August 2022
Ar Received Date: 13 July 2022
Income Donations And Legacies: 0
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 1145000
Income Other: 0
Income Total Income And Endowments: 1145000
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £345,000
Expenditure Charitable Expenditure: £2,229,000
Expenditure Other: 0
Expenditure Total: 2574000
Expenditure Investment Management: 345000
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 0
Expenditure Depreciation: 0
Gain Loss Investment: -1657000
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £1,927,000
Assets Total Fixed: 106037000
Assets Own Use: 0
Assets Long Term Investment: 106037000
Defined Benefit Pension Scheme: 0
Assets Other Assets: £3,362,000
Assets Total Liabilities: £697,000
Assets Current Investment: 2386000
Assets Total Assets And Liabilities: £108,702,000
Creditors One Year Total Current: 697000
Creditors Falling Due After One Year: 0
Assets Cash: £135,000
Funds Endowment: 0
Funds Unrestricted: 0
Funds Restricted: 108702000
Funds Total: 108702000
Count Employees: 0
Charity Only Accounts: Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type: Country
Geographic Area Description: Northern Ireland
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Europe
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: Scotland
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Europe
Welsh Ind: No

Geographic Area Type: Region
Geographic Area Description: Throughout England And Wales
Welsh Ind: No

07 Official extract

Charity Classification

Classification Code: 117
Classification Type: What
Classification Description: Other Charitable Purposes

Classification Code: 205
Classification Type: Who
Classification Description: Other Charities Or Voluntary Bodies

Classification Code: 303
Classification Type: How
Classification Description: Provides Other Finance

08 Official extract

Charity Event History

Charity Name: M&G CHARIBOND CHARITIES FIXED INTEREST FUND
Charity Event Order: 2
Event Type: Asset transfer in
Date Of Event: 2025-08-27T00:00:00
Reason: Amalgamated
Assoc Organisation Number: 271815
Assoc Registered Charity Number: 271815
Assoc Charity Name: THE CHARIBOND CHARITIES FIXED INTEREST COMMON INVESTMENT FUND

Charity Name: M&G CHARIBOND CHARITIES FIXED INTEREST FUND
Charity Event Order: 1
Event Type: Standard registration
Date Of Event: 2019-07-08T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description: TRUST DEED DATED 17 JUN 2019
Charitable Objects: 9.1 SUBJECT TO CLAUSE 9.2, THE TRUST'S CHARITABLE OBJECTIVE WILL BE TO FURTHER THE CHARITABLE PURPOSES OF THE CHARITIES THAT DIRECTLY OR INDIRECTLY HOLD UNITS IN THE TRUST FROM TIME TO TIME.9.2 IF AT ANY TIME THERE ARE NO UNITHOLDERS IN THE TRUST, THE MANAGER AND TRUSTEE WILL DETERMINE THE TRUST'S CHARITABLE PURPOSES.9.3 NO CHANGE MAY BE MADE TO THIS DEED WHICH WOULD CAUSE THE TRUST CONSTITUTED BY THIS DEED TO CEASE TO BE A CHARITY AND IN PARTICULAR ANY SUCH CHANGE WILL NOT AUTHORISE UNITS TO BE ISSUED OR TRANSFERRED TO OR HELD BY ANY PERSON OTHER THAN AN ELIGIBLE INVESTOR, WHETHER DIRECTLY OR VIA A NOMINEE. 9.4 NO REVOCATION, VARIATION OR AMENDMENT OF THIS DEED WHICH WOULD OR MIGHT BE INCONSISTENT WITH THE TRUST'S STATUS AS A COMMON INVESTMENT FUND ESTABLISHED PURSUANT TO SECTIONS 96 TO 99 OF THE CHARITIES ACT SHALL BE VALID WITHOUT THE PRIOR WRITTEN APPROVAL OF THE COURT OR OF THE COMMISSION.

10 Official extract

Charity Policy

Policy Name: Risk management

Policy Name: Investing charity funds policy and procedures

Policy Name: Complaints handling

Policy Name: Trustee expenses policy and procedures

Policy Name: Conflicting interests

Policy Name: Serious incident reporting policy and procedures

Policy Name: Internal risk management policy and procedures

Policy Name: Trustee conflicts of interest policy and procedures

Policy Name: Complaints policy and procedures

Policy Name: Investment

Policy Name: Internal charity financial controls policy and procedures