| Contents | Page | |
|---|---|---|
| Legal and Administrative | Information | |
| Annual Report ofthe Trustees |
||
| List of Donations | ||
| Auditors report |
||
| Statement of Financial |
Activities | |
| Balance Sheet | 13 | |
| Notes to the Accounts | 14 |
| Ma'or Grants in Year |
over E3000 | ||
|---|---|---|---|
| 2021 (f) | 2020 (f) | ||
| Abbeyfield Reading Society |
3,575 | ||
| Alexander Devine Hospice |
3,000 | ||
| Age Concern Slough & |
Berks | 5,000 | |
| Archers Antiquiaries | 10,000 | ||
| Berkshire Vision | 5,000 | ||
| Blind Veterans UK |
3,000 | ||
| Boleh Trust | 3,000 | ||
| Boxford PCC | 4,000 | 4,000 | |
| Clockwork Tower Foundation | 7,500 | 7,500 | |
| Combat Stress | 3,000 | ||
| Corn Exchange | 4,000 | ||
| Countryside Alliance Foundation |
5,000 | ||
| CROHNS and COLITIS | 3,000 | ||
| Enham Trust | 5,000 | ||
| Family Holiday Association | 3,000 | ||
| Game 8 Wildlife Trust | 7,500 | 7,500 | |
| Greatwood Charity, The |
3,000 | ||
| Handicapped Childrens |
Action Group | 3,669 | |
| Hearing Dogs for Deaf People |
4,000 | ||
| Home-Start West Berkshire | 5,000 | ||
| Horatio's Garden |
4,000 | ||
| Hunt Servants Fund |
4,000 | ||
| Lambourn R.D.A. |
7,500 | ||
| Magpas Air Ambulance |
5,000 | ||
| Marie Curie | 4,000 | ||
| Mary Hare Foundation | 10,000 | ||
| Motor Neurone Disease |
5,000 | ||
| Music in Hospitals 8 Care |
5,000 | ||
| National Eye Research |
Centre | 10,000 | |
| NARA The Breathing Charity |
3,000 | ||
| No.5 Young People | 5,000 | ||
| National Gamekeepers |
3,000 | ||
| PCC Farnborough | 6,000 | ||
| Priors Court | 3,400 | 10,000 | |
| RAB I | 5,000 | ||
| Recovery in Mind |
5,000 | 5,000 | |
| Red Squirrel Trust, The | 5,000 | ||
| Royal National Institute |
for Blind | 4,000 | |
| Royal Star Garter | 5,000 | ||
| Sebastian's Action Trust |
3,000 | ||
| Send a Cow | 3,000 | ||
| SENSE | 3,000 | ||
| St.Cuthbert's Church |
8,000 | ||
| Sue Ryder Duchess of Kent | 10,000 | ||
| Thames Hospice |
6,425 | 5,000 | |
| Thames Valley Air Ambulance |
10,000 | ||
| The Forward Trust | 10,000 | ||
| Thirkleby PCC |
15,000 | ||
| Ufton Court | 4,000 | ||
| Watermill Theatre Trust |
5,000 | ||
| West Berkshire Homeless | 7,500 | ||
| Wessex Childrens Hospice Trust |
3,000 | ||
| Young Enterprise | 3000 | ||
| 34 Donations F3000 or above | 187900 | 131 169 | |
| 21 Donations under f2000 |
42 000 | 28 750 | |
| Add' Sundry grants (less than f3,000 per | recipient) | ||
| TOTAL GRANTS IN YEAR |
~229 000 | ~159919 | |
| Note f134,900was debited to the Trustees |
bank account up to 5'" April 2021 | with a balance off95,000 soon approved | |
| snd shown as creditors in the accounts. |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| E | E | ||||
| INCOME | Notes | ||||
| Investment Income |
2 | 186,259 | 203,197 | ||
| Total Income | 186,259 | 203,197 | |||
| EXPENDITURE | |||||
| Cost ofraising funds | |||||
| Investment manager's |
costs | 61,345 | 50,578 | ||
| Charitable activities |
3-6 | 239,644 | 169,449 | ||
| Total Expenditure | 300,989 | 220,027 | |||
| Net Expenditure before Investments |
(losses)/gains | 114730 | ~16,636 | ||
| Net gains/ (losses) on | investments | 1,695,672 | (847,314) | ||
| Net Income/(Expenditure) | 1,580,942 | 864,144 | |||
| Net movement in funds |
|||||
| Reconciliation offunds |
|||||
| Total funds brought | forward | 7,267,563 | 8,131,707 | ||
| Total funds carried forward | 8,848,505 | 7,267,563 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | |||||
| Notes | K | E | ||||
| FIXEDASSETS | ||||||
| Investments | 8,443,440 | 6,859,336 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 14,300 | 9,791 | ||||
| Cash with stockbrokers | 364,570 | 354,996 | ||||
| Cash at bank | 143,826 | 51,301 | ||||
| 522,696 | 416,088 | |||||
| LIABILITIES FALLING | ||||||
| DUE WITHIN | ONE YEAR | |||||
| Creditors | 8 | (117631) | 7861 | |||
| NET CURRENT ASSETS | 405,065 | 408,227 | ||||
| NET ASSETS | 8 | 848,555 | 7,267,563 | |||
| THE FUNDS | OF THE | |||||
| CHARITY | ||||||
| Unrestricted | fund | 10 | 8,848,505 | 7,267,563 |
| 2021 | 2020 | ||
|---|---|---|---|
| E | E | ||
| Grants | 229,900 | 159,919 | |
| Support | costs | 9,744 | 9,530 |
| 239,644 | 169,449 |
| , 239,644 1 |
, 239,644 1 |
, 69,449 |
|
|---|---|---|---|
| List ofdonations made |
in the year, can be found on Page 4- Annual Report of The Trustees | ||
| SUPPORT COSTS | |||
| Accountancy | 450 | 450 | |
| Secretarial costs and | website development | 2,294 | 1031 |
| Trust administration | and meetings | 0 | 823 |
| Governance costs |
7,000 | 6,500 | |
| Legal costs | 403 | ||
| Withholding Tax |
323 | ||
| 9,744 | 9,530 |
| nvestme | nts | on a recognis | on a recognis | ed stock exch | ange | ||||
|---|---|---|---|---|---|---|---|---|---|
| Cost | at | Purchases | Disposals | Gains on | Cost | at Market |
Market | ||
| Value | Value | ||||||||
| 6 April | 2020 | In | year | In year | Dieposals | 5April | 2021 5April 2021 |
5 April 2020 | |
| E | E | E | E | E | E | E | |||
| 6,409,053 | 2,456,009 | (2,562,839) | 334,098 | 6,636,321 8,443,440 |
6,859,336 | ||||
| oldings | split | between | UK and | overseas | |||||
| 2021 | 2020 | ||||||||
| E | E | ||||||||
| UK | 4,741,146 | 3,962,170 | |||||||
| US | 1,804,212 | 1,242,007 | |||||||
| Europe | 468,145 | 528,996 | |||||||
| Far East | 579,927 | 370,210 | |||||||
| Rest ofthe | World | 547,209 | 561,298 | ||||||
| Japan | 302,801 | 194,655 | |||||||
| 8,443,440 | 6,859,336 |
| NOTES TO THE ACCO | NOTES TO THE ACCO | NOTES TO THE ACCO | NOTES TO THE ACCO | UN | TS | - CONT'D | - CONT'D | - CONT'D | - CONT'D | - CONT'D | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The 10largest holdings | as | at | 5"April 2021 were: | |||||||||||
| 2021 | 2020 | |||||||||||||
| E | E | |||||||||||||
| 279,590 | Ninety One Fund | Managers | UK | 287,531 | 259,851 | |||||||||
| 2,270 | CG Portfolio Fund | 271,015 | ||||||||||||
| 27,740 | DBETC Index | PLC | 260,201 | 246,539 | ||||||||||
| 3,100 | Findlay Park Funds |
American | 260, | 120 | ||||||||||
| 21,142 | Blackrock AM UK | Gold | 8 General | 250,058 | ||||||||||
| 7,280 | BH Macro | Ltd | 242,788 | 236,600 | ||||||||||
| 17,400 | SEI Investments | Global | 220,110 | |||||||||||
| 1,990 | Fundrock Management |
220,097 | ||||||||||||
| 6,350 | Vanguard | Funds | 216,138 | |||||||||||
| 71,882 | First Sentier Invrs | 213,697 | ||||||||||||
| 1,900 | Lyxor Asset Management | 210,853 | ||||||||||||
| 1,990 | Fulcrum Diversified |
Abs | 206,500 | |||||||||||
| 190 | Veritas Asset Management | 198,100 | 158,801 | |||||||||||
| 68,900 | Morant Wright | Nippon | (Link Solutions) | 194,655 | ||||||||||
| 174,915 | Sequoia Economic | 181,912 | 166,169 | |||||||||||
| 2,251,427 | 2,250,308 | |||||||||||||
| Investments | were held | in the | following sectors: | |||||||||||
| 2021 | 2020 | |||||||||||||
| E | ||||||||||||||
| Fixed Interest 8 Index | Linked | UK | 13% | |||||||||||
| Equities | UK | 22% | 18% | |||||||||||
| Equities | USA | 21% | 17% | |||||||||||
| Multi Assets | 9% | 7% | ||||||||||||
| Equities | Japan | 3% | 3% | |||||||||||
| Equities | Europe | 5% | 8% | |||||||||||
| Equities | Far East | 7% | 5% | |||||||||||
| Equities | others | 6% | 8 | |||||||||||
| Hedge/ABS | Ret Funds | 12% | 16% | |||||||||||
| Cash Total Investments |
4 ~0 |
0 | ||||||||||||
| 7. | DEBTORS | 2021 | 2020 | |||||||||||
| E | ||||||||||||||
| Dividend | Income | 14,300 | 9,791 | |||||||||||
| 8. CREDITORS: Less |
than | one year | ||||||||||||
| 2021 | 2020 | |||||||||||||
| E | E | |||||||||||||
| Accountancy fees |
450 | 450 | ||||||||||||
| Audit | 7,000 | 6,500 | ||||||||||||
| Secretarial | costs | 2,294 | 911 | |||||||||||
| Investment | managers | fees | 12,811 | 0 | ||||||||||
| Grants | awarded not |
paid | 97,900 | 0 | ||||||||||
| 117,631 | 7,861 |
| During the year in addition | to the | fees paid to JA Ritchie (note 4) the following | fees paid to JA Ritchie (note 4) the following | related | party | |
|---|---|---|---|---|---|---|
| transactions occurred: secretarial |
and website costs off2, | 294 (2020:F1,031) | were charged | |||
| by Berners Allsopp, a company ofwhich E Leigh-Pemberton |
is a Director. | |||||
| Reimbursement ofexpenses: |
2021 | 2020 | ||||
| E | ||||||
| Trustee meetings/travel | 0 | 826 | ||||
| 10. | RESERVES | |||||
| 2021 | 2020 | |||||
| General fund at the beginning ofthe year Net (expenditure)/income for the year |
7,267,863 1,580,942 |
8,131,707 ~864,144 |
||||
| General fund at the end |
of the | year | 8,848,505 | 7,267,563 | ||
| 11. | NET DEBT / CASH 8 CASH EQUIVALENTS | |||||
| 2021 | 2020 | |||||
| E | ||||||
| Cash held by stockbroker | 364,570 | 354,996 | ||||
| Cash at bank | 143,826 | 51,301 | ||||
| 508,396 | 406,297 |