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|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|
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|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.||||
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|||||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|
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||||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||
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|||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|
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|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||
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|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||
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||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|