| Note | Restricted | Expendable | Total | Total | |||
|---|---|---|---|---|---|---|---|
| funds | endowment | funds | funds | ||||
| fundsf | 2021f | 2020 | |||||
| Receipts | |||||||
| Dividends received |
70,244 | 70,244 | 91,588 | ||||
| Investments income |
22,685 | 22,685 | 16,446 | ||||
| HMRC Refund | 569 | 569 | |||||
| Sub Total | 93,498 | 93,498 | 108,034 | ||||
| Receipts from asset 8 investment | |||||||
| sales | |||||||
| Proceeds from sale of investments | |||||||
| less amount reinvested |
94,913 | 94,913 | 108,670 | ||||
| Total receipts | 93,498 | 94,913 | 188,411 | 216,704 | |||
| Payments | |||||||
| Payments made to beneficiaries |
117,010 | 117,010 | 80,000 | ||||
| Governance costs: |
|||||||
| Trustees fees | 41,421 | 41,421 | 43,317 | ||||
| Independent examination |
fee | 1,170 | 1,170 | 2,604 | |||
| Portfolio management | fee | 12,107 | 12,107 | 12,464 | |||
| Total payments | 117,010 | 54,698 | 171,708 | 138,385 | |||
| Net receipts / (payments) |
(23,512) | 40,215 | 16,703 | 78,319 | |||
| Transfers to / (from) funds | |||||||
| Surplus/(Deficit) for year |
23,512 | 40,215 | 16,703 | 78,319 |
| Restricted | Restricted | Expendable | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|---|
| funds | endowment | funds | funds | ||||||
| funds | 2021 | 2020 | |||||||
| Cash funds | |||||||||
| Cash and | bank balances | at start ofyear | 173,565 | 90,267 | 263,832 | 185,513 | |||
| Surplus/(deficit) shown |
on receipts and | ||||||||
| payments | account | (23,512) | 40,215 | 16,703 | 78,319 | ||||
| Cash and | bank balances at end ofyear | 150,053 | 130,482 | 280,535 | 263,832 | ||||
| Market valuation | |||||||||
| 2021 | 2020 | ||||||||
| Fund to which | asset belongs | f | |||||||
| Investments | |||||||||
| Brown Shipley Investment | Portfolio: | ||||||||
| Fixed Interest | Expendable | endowment | 608,811 | 599,469 | |||||
| Equities | Expendable | endowment | 2,587,312 | 2,178,151 | |||||
| Alternatives | Expendable | endowment | 428,669 | 340,106 | |||||
| Total value | ofsecurities | Total | 3,624,792 | 3,117,726 | |||||
| 2021 | 2020 | ||||||||
| Assets | |||||||||
| Tax paid on investments | that will be reclaimed | ||||||||
| Prior years | 962 | 962 | |||||||
| Dividends | due in period |
227 | |||||||
| 962 | 1,189 | ||||||||
| Liabilities | |||||||||
| Examiner | Fees owed to Azets Audit Services | 1,224 | 1,170 | ||||||
| Trustee Fees owed to Apex Corporate Trustees | (UK) Limited | 300 | |||||||
| 1,524 | 1,170 |
| Payments | made to ben | eficiaries | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Fight for Sight - Institute | of Ophthalmology | 40,000 | 40,000 | |
| Moorfields | Eye Charity | 30,000 | 40,000 | |
| Roper Hall | Eye Foundation | 47,010 | ||
| 117,010 | 80,000 |
| Market | Valuation | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Investments that individually |
make up 5% + ofthe portfolio: | f. | |||
| Baillie Gifford American | Fund B | Income | 191,079 | 222,687 | |
| Fundsmith | LLP Equity | INC NAV | 198,332 | 165,751 | |
| J P Morgan | US Equity | income Fund | 193,394 | 156,461 | |
| 582,805 | 544,899 |