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|||NAME IS GEORGE CADBURY FUND|NAME IS GEORGE CADBURY FUND|NAME IS GEORGE CADBURY FUND|NAME IS GEORGE CADBURY FUND|NAME IS GEORGE CADBURY FUND|NAME IS GEORGE CADBURY FUND|NAME IS GEORGE CADBURY FUND|NAME IS GEORGE CADBURY FUND|'A' ACCOU|'A' ACCOU|NT|NT||
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|||Report and Financial Statements for the year||||||||ended 5 April||2021|||
|Contents|||||||||||||||
|Page.'|||||||||||||||
|||Reference and Administration||||details|||||||||
|2.4||Report of the Trustees|||||||||||||
|||Report ofthe Independent|||Examiner||||||||||
|||Statement
of Financial||Activities|||||||||||
|||Balance Sheet|||||||||||||
|8-12||Notes forming part of||the|Financial Statements||||||||||
|Trustees|||||||||||||||
|||Mr Tim Cadbury|||||||||||||
|||Mr Mark Cadbury|||||||||||||
|||Mr Roger VJ Cadbury|||||||||||||
|||Mrs A Janie Cadbury|||||||||||||
|||Mr Benedict Cadbury|||||||||||||
|Prlndpal|Office||||||||||||||
|||BDO LLP, 2 Snowhill,|Birmingham,||||84 6GA||||||||
|Accountants|||||||||||||||
|||BDO LLP, 2 Snowhill,|Birmingham,||||84 6GA||||||||
|Independent||Examiner|||||||||||||
|||R MacLaren,
Michael||Dufty||Partnership||Limited,||61 Charlotte||Street, The Counting||House,|
|||Birmingham,
83 1PX|||||||||||||
|Investment||Managers|||||||||||||
|||Smith and WRIIamson||Investment|||Management,||3rd Floor, 9Colmore Row, 8328J||||||
|Bankers|||||||||||||||
|||Lloyds Bank, University||of|Birmingham|||Branch,|142 Edgbaston||Park Road, Birmingham,|||815 2TY|
|||The Charity Bank Limited,|||Fosse House,|||182 High Street, Tonbridge,|||||TN9 18E||
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|||Notes|2021|2020|
|---|---|---|---|---|
||||E|E|
|income and endowments|from||||
|Investments|||164,236|190,669|
|Total|||164,236|190,669|
|Expenditure
on|||||
|Raising funds|||27,696|26,624|
|Charitable
activities|||||
|Activities
undertaken|||341,130|170,000|
|Support costs|||692|792|
|Other expenditure|||7,607|8,323|
|Total|||377,125|205,739|
|Net (expenditure)/income|before||||
|investment
gains/(losses)|||(212,889)|(15,070)|
|Net gains/(losses)
on investments|||2,251,376|(1,199,579)|
|Net income/(expenditure)|||2,038,487|(1,214,649)|
|Total funds at 6 April 2020|||6,956,245|8,170,894|
|Total funds at 5 April 2021||10|8,994,732|6,956„245|
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|2|Investment
income||||2021||2020|
|---|---|---|---|---|---|---|---|
||||||E||E|
||Dividend
and interest|from|quoted investments||163,910||190,398|
||Interest on cash deposits||||326||271|
||||||164,236||190,669|
|3|Raising Funds||||2021||2020|
||||||E||E|
||Investment
managers|fees|||27,696||26,624|
|4|Charitable
Activities||Activities|||||
||||Undertaken||Support|Total|Total|
||||Directly||Costs|2021|2020|
||||(see|note 5)|(see note 6)|||
|||||E|E|||
||Woodbrooke
- College|||||||
||Bursaries and subscriptions|||35,000||35,000|35,000|
||Grants paid or payable|||306,130|692|306,822|135,792|
|||||341,130|692|341,822|170,792|
|5|Grants paid or payable||||202'I||2020|
||||||E||E|
||Subscrlptions|||||||
||Woodbrooke
- College|Bursaries and subscriptions|||35,000||35,000|
||Donations|||||||
||Alton Quaker||||5,000||1,000|
||Avon Croft Museum||||||5,000|
||Bootham School||||5,000||5,000|
||Boumville
Carillon||||||3,000|
||Boumville
Friends Meeting||House||5,000||500|
||Boumville
Quaker Meeting||||||1,000|
||Boumville
Village Trust (Note)||||35,000||7,000|
||Carried Forwards||||85,000||57,500|
##
||THE GEORGE CA|DBURY TRUST (EDWARD CA
GEORGE CADBURY|DBURY TRUST (EDWARD CA
GEORGE CADBURY|DBURY SECTION) WHOSE WORKI
FUND 'A' ACCOUNT|NG
NAME IS|
|---|---|---|---|---|---|
|||Notes tothe financial statements||for the year ended 5 April 2021||
|5|Grants paid or payable (continued)|||2021|2020|
|||||E|E|
||Brought Forwards|||85,000|57,500|
||Britain Yearly Meeting|||6,000||
||Bryony House|||7,300|8,300|
||Chawton
House Library|||2,000||
||Chiltems
Area Quaker Meeting||||2,000|
||Cork Monthly
Meeting|||5,00D|1,000|
||Gloucestershire
Area Quaker Meeting||||2,500|
||Horsham
Quaker Meeting||||1,000|
||Ironbridge
Gorge Museum|Trust||18,000||
||JaiJagat 2020 - unpresented|||(2,000)|2,000|
||Jordan's Village Hall Trust|||12,000||
||Leighton
Park Trust|||10,000||
||Owvestry
Quaker Meeting|||7,500||
||Quaker Christmas
Parcels|||3,000|2,000|
||Quaker
International
Educational||Trust|25,000||
||Quaker Social Action|||9,000||
||Rose Hill Trust Ironbridge|Museum||20,000|3,000|
||Sally Manor (Note)|||24,000|40,000|
||Sibford School|||io,ooa|10,000|
||Sidcot School|||32,000|17,700|
||SOF 8ournville
Friends Meeting|||5,000||
||Stoubridge
Quakers||||1,000|
||The Friend Publications
Ltd|||10,000||
||Warwick Local Meeting||||1,000|
||West Wiltshire
end East Somerset||AM|1,330||
||Winchester
Meeting House||||1,000|
||Woodbrooke
Quaker Study|Centre||51,000|20,00D|
|||||341,130|170,000|
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|||Cost ofgrant making|Cost ofgrant making||Governance||
|---|---|---|---|---|---|---|
|Support Costs||2021|2D20||2021|2020|
|||E|E||E|E|
|Independent|Examinerfees||||1,380|1,200|
|Other expenses|||692|792|6,227|7,123|
||||692|792|7 607|8,323|
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|7|Investments|||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|
||Market value at 6 April 2020||||||6,685,984||7,974,353|
||Acquisition
cost in the year|||3,416,638||||1,656,D24||
||Disposals
in the year|||(3,496,181)||||(1,744,814)||
||||||||(79,543)||(88,790)|
||Rea(ised gains on disposals||||799,094|||596,532||
||Movement
in unrealised
valuation|||1,452,282||||(1,796,111)||
||||||||2,251,376||(1,199,579)|
||Market value at 5 April 2021||||||8,857,817||6,685,984|
||Cash held within the investment||portfolio||||39,994||89,411|
||Total value ofportfolio at|SApril|2021||||8,897,811||6,775,395|
||Historical cost at 5 April 2021||||||6,840,398||6,120,848|
||At 5 April 2021 the market|value|is divided:|||||||
||Bonds - 8 holdings|||||||1,945,145|21.90%|
||Alternatives
8 Multi-Asset|-7 holdings||||||2,092,482|23.50%|
||UK Equities
~ 6 holdings|||||||1,604,053|18.00%|
||USA - 4 holdings|||||||1,223,757|13.80%|
||Europe - 2 holdings|||||||342,843|3.90%|
||Japan
- 1 holdings|||||||229,900|2.60%|
||Pacific Basin ex Japan
- 2 holdings|||||||637,937|7.20%|
||Emerging
Markets - 2 holdings|||||||781,700|8.70%|
|||||||||8,857,817|99.60%|
||Uninvested
cash capital|||||||39,994|0.40%|
|||||||||8,897,811|100.0D%|
||The following
investments|in the|portfolio exceeded|||5%;||||
|||||||||Market||
|||||||||Value||
||Polar Capital
Funds Global|Convertible||I GBP DIS||||472,160|5.3%|
||Vanguard
Investment
Series GLobal Credit BD Investor|||||GBP Inc|HDG|524,782|5.9%|
||BBGIGlobal Infrastructure|S.A. Ord NPV||||||465,480|5.2%|
||3i Infrastructure
Ord NPV|||||||563,350|6.3%|
||Alphabet
Inc|||||||446,701|5.0%|
||Ashoka
India Equity
Inv Trust PLC Ord|||GBP0.01||||491,700|5.5%|
##
||||Notes|Notes|to the financial statemenis|to the financial statemenis|to the financial statemenis|for the|year ended 5 April|2021||
|---|---|---|---|---|---|---|---|---|---|---|---|
|8|Debtors||||||||2021||2020|
||||||||||E||E|
||Accrued investment|||income|||||20,119||33,860|
|9|Creditors:|Amounts||falling due within
one year|||||2021||2020|
||||||||||E||E|
||Independent|examiners|||fee||||2,580||1,200|
||Management|fee|||||||7,364||5,586|
||||||||||9,944||6,786|
|10|Statement|of movement|||on unrestricted|funds||||||
||||||Balance as||||Expenditure||Balance as|
||||||at 6 Aprg||||Gains and||at 5 April|
||||||2020||Income||(losses)|Transfers|2021|
||||||E|||E|E|E|E|
||Designated|Fund:||||||||||
||Investment|fund|||6,775,395|||||2,122,416|8,897,811|
||General fund||||180,850||164,236||1,874,251|(2,122,JI16)|96,921|
||Total unrestricted||funds||6,956,245||164,236||1,874,251||8,994,732|
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