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|Trustees|&Advisers|||
|Trustees'|Annual
Report|||
|Independent
Examiner's||Report to the Trustees||
|Receipts|8 Payments
Account|||
|Statement|ofAssets & Liabilities|||
|Notes to the Accounts||||
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|||||Unrestricted|funds|funds||
|---|---|---|---|---|---|---|---|
|||||Year to||Year|to|
||||Notes|31August 2022|31|August|2021|
|RECEIPTS||||||||
|Investment
Income||||||||
|Citigroup
Quilter dividends||||12,139|||11,972|
|Charities
Official Investment
(income shares)||Fund||137|||132|
|Charifund
dividends||||16,589|||14,280|
|Bank interest received||||2||||
|TOTAL RECEIPTS||||28867|||26384|
|PAYMENTS||||||||
|Direct Charitable
Expenditure||||||||
|Grants to pupils &schools||||22,900|||23,050|
|Other Expenditure||||||||
|Management
fees||||2,633
2,976||||
|Accountancy
fees||||720|720|||
|Professional fees||||400|380|||
|||||3753|||4 076|
|TOTAL PAYMENTS||||26653|||27 126|
|Net receipts I (payments)||for year||2,214|||(742)|
|Realised gains on sale|of investments|||6,298|||999|
|Unrealised
(losses) / gains||on||||||
|retained
investments||||24 376|||119616|
|Net movement
offunds||||(15,864)|||119,873|
|Fund balance brought|forward|||731 062|||611 189|
|Fund balance carried|forward|||||||
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||||2022|2021|
|---|---|---|---|---|
|UK Quoted Investments|||E|E|
|Market value as at 1 September 2021|||684,721|562,389|
|Additions|||22,572|48,147|
|Disposals|||(30,689)|(46,430)|
|Realised gains on sales|||6,298|999|
|Net unrealised|investment|(losses)|||
|Igains|||24 376|119616|
|Market value|as at 31August 2022||658,526|684,721|
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|---|---|---|---|---|---|---|---|---|
|Fixed|Ass|ets (Continued)||||2022|2021||
||||||f|f|f|F|
|Units||Investment|||Market|Cost|Market|Cost|
||||||Value||Value||
|||BHP Billiton Pic USD 0.50|||||9,594|6,666|
||500|BAE Systems Ord 2.5p|||3,881|1,742|2,842|1,742|
|8,387||M&G Securities
Ltd Corp Bond 1GB|||7,070|6,786|8,565|6,786|
|5,000||4.25'/o Treasury 2027|||5,395|4,657|6,186|4,657|
|5,000||4.75'/o Treasury 2027|||5,807|6,861|6,855|6,861|
|5,000||4.5'/o Treasury 2027|||6,014|8,786|8,301|8,786|
|4,212||Hermes
Fund Managers|||3,652|4,278|4,265|4,278|
|1,500||Barclays Ord 25p|||2,468|4,603|2,774|4,603|
||750|BPOrd USD 0.25|||3,311|3,921|4,454|7,843|
|7,500||Bailie Gifford &Co Japanese|inc Gwth||10,388|8,238|11,288|8,238|
||100|Diageo Ord 28 101/108p|||3,764|1,850|3,494|1,850|
|||Glaxo Smith Kline Ord 25p|||||7,310|9,498|
||400|GSK Pic ord GBP0.3125|||5,518|7,774|||
|1,500||HSBC Ord USD 0.50|||7,932|8,246|5,793|8,246|
||458|National
Grid Ord 12.431289p|||4,937|3,003|4,311|3,003|
||80|Unilever Pic Ord 3.111p|||3,140|1,040|3,237|1,040|
|||Artemis
Incom
I Inc (Inst)|||||5,492|3,950|
||500|Ishares FTSE250 Fund/S8 P f500|||17,051|3,300|16,411|3,300|
||400|Royal Dutch Shell "B"Eur 0.07|||9,160|5,908|5,724|5,908|
||150|Scottish &Southern
Energy Ord||50p|2,479|1,777|2,449|1,777|
||75|Severn Trent Ord 97.89p|||2,090|969|2,072|969|
|1,184||Tesco Ord 5p|||2,945|5,042|3,021|5,042|
||120|Compass
Group Pic ord GBP0.1105|||2,231|1,724|1,801|1,724|
|3,000||Vodafone Group Ord USD 0.2095238|||3,470|2,065|3,659|2,065|
|6,000||JP Morgan
Gbl Emg Ord 1p|||7,530|7,027|8,970|7,027|
|||Aviva Ord 25p|||||1,212|1,200|
||228|Aviva Ord GBP0.328947368|||955|896|||
||650|Legal &General Group ord GBP0.025|||1,641|1,790|1,756|1,790|
||200|Prudential
GBP0.05|||1,807|2,473|3,030|2,473|
|2,500||Mercantile
Investment
Trust Ord||25p|4,595|2,325|7,250|2,325|
|4,000||Axa Inv Man US Shr Dur High Yld|||3,302|4,121|3,628|4,121|
||650|British Land Company
Ord 25p|||2,800|3,979|3,446|3,979|
|||Hicl Infrastructure
ord GBP 0.0001|||||4,315|3,861|
||321|Standard
Chartered
ord 50c|||1,920|2,839|1,460|2,839|
||30|London Stock Exchange Group ord|||2,431|2,249|2,387|2,249|
|1,250||City of London
inv ord 25p|||4,988|5,009|4,956|5,009|
||50|Astrazeneca
ord 25c|||5,322|2,078|4,257|2,078|
||30|Reckitt Benckiser Group Ord|10p||1,994|928|1,662|928|
|10,000||Blackrock Continental
European||Inc|16,543|12,023|19,155|12,023|
|||Total c'fwd|||168,531|140,307|197,382|160,734|
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|||||||||
|---|---|---|---|---|---|---|---|
|ixed Asse|ts (Continued)||||2022|2021||
||||||E||F|
|Units|Investment|||Market|Cost|Market|Cost|
|||||Value||Value||
||Total blfwd|||168,531|140,307|197,382|160,734|
|100|British American Tobacco Ord 25p|||3,452|3,170|2,729|3,170|
|30|Prusik Umbrella
Uc Asian Equity||Inc|5,127|3,071|4,524|3,071|
|5,000|Charities
Prop Fd Prop Fund Income|||7,487|5,686|12,639|11,373|
|2,166|International
Public Partner ord|0.0001p||3,557|3,162|3,456|2,897|
|700|Pimco Gbl Advrs Gbl inv Grade|Cred||8,050|9,991|9,891|9,991|
|450|Smith (DS)ord 10p|||1,205|1,902|1,991|1,902|
|100|Smiths Group ord GBP0.375|||1,491|1,533|1,443|1,533|
|60|Experian
ord USD0.10|||1,574|1,606|1,922|1,606|
|2,500|JP Morgan American
Investment||Trust|18,675|10,477|17,450|10,477|
|60|Persimmon
Ord GBP0.01|||886|1,267|1,764|1,267|
|95|Relx Pic GBP0.1444|||2,149|1,588|2,073|1,588|
|1,000|MBG Pic Ord GBP0.05|||1,958|2,182|2,060|2,182|
|15,000|BNY Mellon Global Funds Pic US Eq|||23,268|17,624|19,389|17,624|
|110|Schroder
Inv Mgmt Europe SA|||20,131|12,774|18,919|12,774|
|2,500|Schroder Oriental
Income Fund|||6,600|5,057|6,788|5,057|
|100|Allspring
Lux Worldwide
Fund|||8,848|9,594|9,569|9,594|
|7,000|BNY Mellon
Fund Mgrs Global|Inc||7,725|7,210|8,322|7,210|
|7,000|BNY Mellon
Fund Mgrs Global|Inc||13,155|11,307|12,293|11,307|
|3,500|Octopus Renewables
Infra Tr|||3,990|3,684|3,850|3,684|
|4,125|The Renewables
Infrastructure|Grp||5,981|5,406|5,189|5,406|
|6,001|VH Gbl Sustainable
Energy Opps|||6,751|6,202|4,628|4,591|
|5,000|JPMorgan
Global Core Real Assets|||5,363|5,060|4,620|5,060|
|75|Anglo American
USD0.54945|||2,087|2,460|||
|90|Rio Tinto ord GBP0.10|||4,294|4,766|||
|500|Haleon Pic ord GBP0.01|||1,294|1,725|||
|850|Fidelity UCITS ICAV US Quality|Income||5,892|5,751|||
|6,100|Assura Pic ord GBP0.10|||3,974|4,328|||
|2,800|Hipgnosis
Songs Fund Ltd ord NPV|||3,161|3,390|||
||Total for Quilter Cheviot|||346,656|292,280|352,891|294,098|
|252.51|COIF (income) shares|||3,986||3,986||
|20,999|M8G Charifund
(income)|||307,884|80,000|327,844|80,000|
|||||658,526|372,280|684,721|374,098|
##
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|Reconciliation
ofCash|Balances|||
|---|---|---|---|
|||2022|2021|
|||F|F|
|Net payments
for the period||2,214|(742)|
|Purchase of investments||(22,572)|(48,147)|
|Proceeds on sale of investments||30689|46430|
|Increase in cash||10,331|(2,459)|
|Cash balances
brought|forward|46 341|48800|
|Cash balance carried|forward|56672|46 341|