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|Trust Fund Details|Page 1|
|---|---|
|Independent Examiner's report to the Trustees|Page 2|
|Balance Sheet|Page 3|
|Income and Expenditure Account|Page 4|
|Investments ( at cost)|Page 5|
|Valuation o f Investments|Page 6|
|Grant Awards Paid|Page 7|
|Notes to the Financial Statements|Page 8|





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|||**December 31st 2021**|**December 31st 2021**|**December**|**31st 2020**|
|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|
|**ASSETS**||||||
|**Freehold property −Note 1**|||**140,000**||**140,000**|
|**Fixtures & fittings**|||**o**||**0**|
|**Investments at cost−Note 3**|||**251,130**||**230,950**|
|**Loans receivable**|||**o**||**0**|
|**Cash & bank balances**||||||
|**Reserve a/c**|||**4,163**|**11,860**||
|**Main a/c**|||**7,060**|**5,317**||
|**H/L capital a/c**|||**1,032**|**0**||
||||**12,255**||**17,177**|
|**Total Assets**|||**403,385**||**388,127**|
|**LIABILITIES**||||||
|**Creditors (Note 6)**|||**0**||**1,000**|
|**NET ASSETS**|||**£403,385**||**£387,127**|
||**,**|||||
|**Represented by:**||||||
|**TRUST FUND**||||||
|**Balance at December 31, 2020**||**387,127**||**386,008**||
|**Surplus for year**<br>**I**<br>**Balance at December 31, 2021**||**16,258**<br>**£403,385**||**1,119**|**£387,127**|





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|||**2021**||**2020**||
|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|
|**INCOME**||||||
|**Dividends received−Note4.**||**23,513**||**12,007**||
|**Interest received**||**1**||**5**||
|**P.O.Rent received**||**100**||**100**||
|**Profit on sale of securities**||**0**||**0**||
|**Donations −Note 4**||**10,000**||**0**||
|**Return o f previous**|**grant**|**0**||**1,000**||
|**Total receipts**|||**33,614**||**13,112**|
|**EXPENDITURE**||||||
|**Grant awards paid**||**13,665**||**11,470**||
|**Secretarial expenses/LEI**||**328**||**303**||
|**Post Office costs**||**3,363**||**220**||
|**Total expenditure**|||**17,356**||**11,993**|
|**Surplus for the year**|**−**||**£16,258**||**£1,119**|





|**R.C.T. INVESTMENTS**||
|---|---|
|**At 31st December 2021 at cost :^**||
|**Threadneedle UK Monthly Income Fund**|**52,403**|
|**Threadneedle European Select Fund**|**6,461**|
|**Baring Emerging EMEAOpportunitiesTrust**|**3,368**|
|**Baring Europe Select Fund**|**10,000**|
|**HL Multi−Manager UK Growth Fund**|**10,000**|
|**Marlborough UK Micro−Cap Growth Fund**|**10,000**|
|**Smithson Investment Trust**|**4,998**|
|**Ordinary Shares:**||
|**Shell**|**36,164**|
|**Glaxo SKB**|**14,977**|
|**James Fisher**|**13,996**|
|**B.P.**|**10,995**|
|**National Grid**|**18,464**|
|**Pennon Group**|**29,420**|
|**Astra Zeneca**|**14,074**|
|**Melrose**|**5,820**|
|**Unilever**|**9,990**|
||**251,130**|





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|**At 31 December 2021:**|**At 31 December 2021:**|||||
|---|---|---|---|---|---|
|**1. ColumbiaThreadneedle Investment Funds**||||||
|**UK Monthly inc retail**|**118,310 units**|**@**|**£0.716**|**=**|**84,710**|
|**European Select retail acc**|**20,470 units**|**@**|**£4.5907**|**=**|**93,972**|
||||||**178,682**|
|**2. HL Multi−Manager UK Growth Fund (Acc)**||||||
||**9,730.466 units**|**@ **|**£1.518**|**=**|**14,771**|
|**3. Marlborough UK Micro−Cap Growth Fund (Acc)**||||||
||**2,051.426 units**|**@ **|**£12.5476 **|**= **|**25,740**|
|**4. Baring Europe Select Fund**|**(Class 1 inc.)**|||||
||**363.110 units**|**@ **|**£54.21**|**=**|**19,684**|
|**5. Baring Emerging EAME Opportunities Trust**||||||
||**5,000 shares**|**@**|**£7.66**|**=**|**38,300**|
|**6 Smithson Investment Trust**||||||
||**269 shares**|**@£20.20**||**=**|**5,252**|
|**7. Shell Ordy**|**1,882 shares**|**@**|**£16.2165 **|**=**|**30,519**|
|**8. Glaxo SKB Ordy**|**1,136 shares**|**@**|**£16.0637 **|**=**|**18,248**|
|**9. James Fisher Ordy**|**1,377 shares**|**@**|**£3.695**|**=**|**5,088**|
|**10. B.P. Ordy**|**2,167 shares**|**@**|**£3.3047**|**=**|**7,161**|
|**11. National Grid Ordy**|**2,917 shares**|**@E10,79**||**=**|**31,474**|
|**12. Pennon Group Ordy**|**3,016 shares**|**@11.67**||**=**|**35,196**|
|**13. Astra Zeneca Ordy**|**279 shares**|**@ **|**£86.78**|**=**|**24,212**|
|**14. Melrose Ordy**|**6,013 shares**|**@ **|**£1.599**|**=**|**9,614**|
|**15. Unilever Ordy**|**200 shares**|**@ £39.455**||**=**|**7,891**|
||**Grand Total**|||**£451,832**||





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|**Noss Mayo Church Heritage Trust (vestry floor repair)**|**1,000**|
|---|---|
|**Tilly Institute (gas heating costs)**|**500**|
|**Newton & Noss Village Hall (external repairs)**|**4,000**|
|**YeaIm Cricket Club (maintenance of equipment)**|**450**|
|**Yealm Gig Rowing Club (towards boat cover for Hornet)**|**550**|
|**River Yeahn Regatta (upkeep of small regatta boats)**|**500**|
|**N & N Corona virus Emergency Fund**|**500**|
|**Dementia Friendly Parishes (N & N patients)**|**300**|
|**Newton Ferrers School PTA (pond renovation)**|**300**|
|**Annabel Kennedy (course expenses)**|**1,000**|
|**Yeahn Community Energy (wildlife corridor)**|**600**|
|**St Peter's Churchyard maintenance**|**3,140**|
|**St Peter the Poor Fishennan Churchyard maintenance**|**825**|
||**13,665**|





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