THE R J AND A H DANIELS CHARITABLE TRUST
UNAUDtTED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
THE R J AND A H DANIELS CPIARITABLE TRUST
CONTENTS
Page
Trustae's Report
Independanl Examln8ts Rèport
statement of Financial ActivitN?s
Balanc8 Sh88t
Notes lo th8 financial stalemgn18
Inv6#tmenl Schedule
12-18
THE R J AND A H DANIELS CHARITABLE TRUST
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Th8 Trustee prgs8nts their annu81 report and financial ststernents of the charity for thè year 8nded 31
Dec6mb6r 2021. The fi'nancial statements have been prepared in accordance with the accounting poliCS sel
out in note 1 lo the financial statements and comply wth the charitls Trust Deed, the Charities Act 2011 and
A¢countSng and R8portlng by Charities.. Stalemenl of Recommended Practice applic8bl8 to charitiès preparing
their financial slalemonts In accordan¢e ¥th the Financial Reporting St8nd8rd 8ppllcabl8 In th& UK and
Republlc of Ireland issued In October 2019.
Leg#1 and Adminl$tratlve Infom)atlon
Conslhutlon
The R J & A H Daniels Charltabl8 Trust is a registered charity
govemed by a Settlemgnt Deed datèd 29 Dernber 1994
Charity Number.. 1050703
Réglst•rèd Oflle•
The Administrator
One Bank Slr8et, Canary Wharf, London E14 4SG
Bank•rs and Inv•stm¢nt Manag•rs
SG Kleinwort Hambros Bank Limlted
One 88nk Str88t, Canary Wharf, London E14 4SG
Independent Examiners
Couch Bright King & Co
2 Tolhersl Court, Turkey Mlll Bulsng$s Park. Ashford Road, Maidstone,
Kent ME14 SSF
Tru$tse
SG Kleinwort Hambros Tru8t Company IUKI Limited
Objects of th? Charity
The oblecls of the charity ar8 to pay or apply the capital or Income of the Trust Fund for such charflable
PUTP058S, and in such proportions that the Trustee sh811 Ihlnk fit. No fundraising is undertaken to support the
work of th8 charlty.
Grant maklng pollcy
The Trustee's current policy is to consider all wrStten app8als receiv8d, bul only succ888ful applicatlons arfr
notified of the Trustee's do¢ision. Donations ar9 decSded periodically.
Appointment of Trustee and Charity Org•ni$8tlon
The charity is managed by the Trustee who is appointed u18r the terms of the Tw$1 099d, wlth daily
adminislraliDn being d8all with by the Corporate Tru51ee, SG Kleinwort Hambros Trust Company {UKI
Limited. No fundraising is undertaken to Support the work of the charity.
Flnanclal revSaw and Investment pollcy and performance
The financial slalemenls cover all the activities of the charity and have been pr8par8d on an accruals basis.
They are presented in a forYNat that reflg¢ts th8 spltt of funds bètWe8n Income (unrestrfctedl and capital
lexpendable endowmenl}. The financial st8tern8nts show a b8lanc8 of unspent unrestricted funds of
£201,683.61 12020: £172.689.531: this Is derived from income from Stock Market Investments and cash
d8poslts.
THE R J AND A H OANIELS CHARITABLE TRUST
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Incoming resources totallèd £30,388.48 12020.. £32,347.90}. £nil 12020-. £66,000.00) was committsd to
charitsble donations, and total administration axpenses lotslled £15,745.94 12020- £21,638,911. An
expendable endowThenl of £5.565,208.39 was donatèd from A H DanlS Eststè during the year ended 31st
December 2021.
Under the Trust Degd, there are no restrictions on the charitls power lo invest. The overall investment policy
is lo achieve long temi e2pi181 growth in real lemis, whilst providing an income yield broadly in line with or
abov8 that of the UK equity market.
R¢vlew of the a¢tlvltles and future developments
Thè Trustee is satisfied with the financial positi(x) of thè ¢harity and ¢onflrm that they have adequate assets
availabla to fulfil their obloalions. There are no plans to altar thè charit*s activf(ies nèxt year.
CharY'S publlc bgneflt
The Trustee h8s ensurèd th81811 activities throughout the period have been for th8 public b8ngfit. This is
evidenced by the contributions made lo charth'es tolalling £nil12020-. £66,000.00>.
The Trustee confirms Ihal they have Teferred lo the guld8n¢e contained in the Charity Commission's general
guidance on public benefit when rovlgwing the charftls oims and oblectlves and in planning future aclivilies.
Reserves polley and rlsk m•n8gement
The Trusleo aims lo wnainlain free reserves in unreslrlcled lunds at a level whlch oquales to approxlmalely
three monlhs ol unreslricled charitable expenditure. The Trustee consid¢rs that this level will provide
sufficient funds lo r&spond to appliGatK>llS for gfanls and ensure thal the support and governancè costs are
covered. Th8 Trustèè considers that a level of three rnonths is Sufflent given the n6xibility afforded by the
lolal return approach lowards Ihg invesltllenl ol the permanent endowment which allows the Trustge 10
Irallsfer arnounls from the unappliad lotal elem9nl of the 8ndowmenl fund in the case ol urgent need. The
balance held as unrestricted funds al 31 December 2021 wa5 £201,683.61 which is regarded as free
rasèrvès. The curtenl level of reserves is iherefora highor than is needed and this wll be adjusted by reducing
the amount from the unapplied total retum in 2022. 11 Is the Tru$log's intention lo tvainlain an unre511i¢led
fund appropriate lo expected levels ol annual donations, togeth91 with a small cash balance of income, partly
to offset any fluctuatlon in inve5trnenls income in futura periods and to gnable them to continue with their
policy of responding qulckly to appeals for significant support wharè approprfala, th¢ liming of whi¢h is
unpredictsble.
The Trustee has considered what iisks th8 charty faces and believe these to be fraud or pwr Investsrtsnt
performanc8. Adequatg $yslems are in place lo mlugate fraud and investment rf0Mlanc6 is regulady
monitored.
TwstÈè's responsibilities in relatlon to the flnan¢ial ststements
The charity Trustee is responsible lor preparing 8 Trustèe's annual report arKI financial statements in
accordancp wlh applicable law and United Kingdom Accounting Standartls (United Kingdoffl Generally
Accepted Accounting Praeticel.
THE R J ANO A H DANIELS CHARITA8LE TRUST
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The law applicable lo charities in England and Wales requires thè charity Trustee lo prepare financial
statements for each year which give a true and fair view of the slata of affairs of the charity and of the
incoming resources and application ol resource5, of the charity ftsr that period. In preparing the financial
slalemenls, the Trustee 15 required to..
select suitable accounting policies and then apply them consistently.,
obsarvè Ihe mgthods and prlnclplgs in th8 applicablè Charilies SORP-
make judgements and eslimale5 that are reasonable and prudent.,
stal6 whathèr 8ppllcabl8 accounting stBndards have been followod, subject to any mat8ri81 departures that
musl be disclosed and explained in the financlal statements-
prepare Ihe financial st81ements on the goSng concern basis unless it is inapproprlale lo presumg that the
charSty 11 conlinue In buslness.
The Trustee is resFM)nsible for keeping proper accounting records that dlsclosè th r8asonable accuracy 81
8riy tlmè the fin8n¢i81 position of the ¢hartty and Ic> énablè thèm lo ensure that the financial statements comply
th the Charrtiés Act 2011. the 8pplic2blè Charitlés IAecounts and RerK)rtsl Regulations, and the provlsions
of the Trust Oeed. They are also Teswn3ible for safèguardlng the assgls of the charlty and taking reasonable
steps for th8 prevention and dètection of fraud 8fKI other Irregularit¢es.
Michael
Considi
ne
Digltally slgned
by Michael
Considine
Date:
2022.10.07
13:48:24 +01,00,
Digitally Signed
by Bradley
WALDEN
Date-
2022.10.07
14-20-58 +01,00,
SG Klelnwort Hambros Trust Company (UK) Llmlted
Datè 7th Octobei 2022
THE R J AND A H DANIELS CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
Independent Examlnerfs Report to the Trustee of Thè R J and A H Oanlels Charttsble Tw$t
I report lo the Trustee on my examination of the accounts of the RJ and AH Daniels Charitable Trnsl for the
year ended 31 December 2021 which are sel out on pages 5 to 18.
R¢$ponslbllltl8$ and bas1$ of report
As thè charity Tiuste6 ol the Tru51 you are responsible for the preparation of the accounts in accordance wth
th8 requirèmènts ol Iha Charities Act 2011 I'lhe Acl'l.
I report in respect of my examination of the Tru5Ys accounts carried out under section 145 of the 2011 Act
and in Carrying out my exawninalion I have followed all the applicable Directions given by the Charity
Commission under section 14515llbl of the Act.
Independent 8xamln•rfs stat•mènt
I have compleled my gxaminalion. I confirrll that no Fnalerial matters have come lo my attention In connection
with the examinalh)n giving mg cause to believe that In any material rèspect:
1. Accounling records werg not kept in iespecl of the Tfust as reqUid by section 130 of the Act..
2. The accounts do not accord wllh tho$9 rewtds- or
3. The accounts do not comply wth th8 applicablg quie[ets concerning the form and content of accounts
sel out in the Charities {Accounts and Roportsl R8gulatK)ns 2008 olhgr than any requirement that the
accounts give a 'lrue and fair vièw which is not a mattgr wnsidered as part of an independent examination.
I hav8 no concèrns and have come across no other matters in connection wilh the examination to whi¢h
attantion shtsuld be drawn in this report in order to enabl& a propar und8rslanding ol thè accounts lo be
re8ched.
D R Cates BA. FCA
Couch Bright King & Co Chartered Accountants
2 Tolherst Court, Turkey Mlll Business Park
Ashford Road
Maldslon8
Kent ME14 5SF
Dale
ID& QoLL&- 2022
THE R J AND A H DANIELS CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2021
Note Unrestricted
Funql
Expèndable
Endowment
Totsl
2021
Total
2020
Income and Endowments
Donations..
Various Invgslments Donatèd from A H Dani8ls Estat8
5.565,208.39 5,565,208.39
Investmenls:
Investmenl Income
30,388.48
30,388.48
32.347.90
Total Incomo and Endowmgnts
£30.388A8 £5.565.208.39 £5.595,596.87 £32.347.90
Expendltura
Cosl of raising funds..
SG Kleinwort Hambros Investment Management Fee
10.501.94
10,501.94
9.827.91
Expenditure on Charitable Activities..
Donalions
Support Costs
66.000.00
11,811.00
1,394.40
3.849.60
5,244.LNJ
Total Expenditure
£1.394.40
£14,351.54 £15.745.94 £87.638.91
Net Income Bèfore Gains and Losses
on Invostments
£28.994.08 £5,550.856.85 £S,579,850.93 1£55.291.011
GalnsllLos$es) on InYtr$tm•nts
Reallsgd
UnTealised
21.006.53
21,006.53
179,720.86 179,720.86
121,180.531
26,842.28
200,727.39 200,727.39
5,661.75
Nét m0Ment In Funds In thè Y•ar
£28,994.08 £5,751,584.24 £5.780.578.32 1£49.629.261
Funds
At 31 December 2020
Net Movement of Resources in thè Year
172,689.53
28,994.08
1,044.225.40 1,216,914.93 1,266,544.19
5,751,584.24 5,780,578.32
149,629.26}
At 31 08c8mber 2021
£201.683.61 £6,795,809,64 £6,997,493.25 £1,218.914.93
THE R J AND A PI DANIELS CHARITABLE TRUST
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
Flxed Assets
Investments
6.905,640.93
1,155,894.56
Currfrnl A88ets
Cash al Bank
94,372.32
66,480.37
94,372.32
66,480.37
¢urrnnt Ll*bllltloS
Credllor8, arnounts falllng due
vAthln one
2.520.00
5,460.00
N•t Current A¥s0ts
91,852.32
61,020.37
A%8ots19$8 Curront Llabllltl
£6,997,493.25
£1,216,914.93
Capltsl Fund
Expendable Endowment
6.795,809.64
1,044,225.40
Incomè Fund
Unrestricted Fund
201,683.61
172,689.53
£6,997,493.25
£1,216,914.93
The financlal 8tal8ments wpre approved by Ihe Trustee on
7th October
2022
SG Klelnvnrt Hombros Trust Company IUK} Llmlted
Michael DKdiiallyswJntd
Considi (-
Oigltally signed
by Biadley
WALDEN
Date.. 2Q22.10.07
14..21-.27 401.00.
lte". w22.lQO7
13>19xll +0IThJ'
ne
Trustge
THE R J AND A H DANIELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 310ECEMBER 2021
1 A¢countlng Poll¢les
Th8s8 financial s18temenis have be8n prepared in accord8nc8 Vlith the p8rticular accounting poli(ies
d8scrlb8d below.
Basls of Preparatlon and Assessment of Golng Concern
The financi81 statements hav8 b88n prepared under Ihe hi5tori¢al cost convention 8xcept for
investrnenls, which h8v& been included al rn8rket value. The financial slatem8nts have been prgpared
in accordance with the Statement of Recommended Pra¢tice' Accounting and R8POrting by Charities
preparing th&ir Finan¢ial Slatgments in 8¢¢ordance with the Finan¢ig1 Reporting Standard applicable in
the United Klngdorn and Republic of Ireland IFRS 102 20191 issued in October 2019 and the Charilles
Act2011.
The charity nSt[tuteS a public benefit entity as defined by FRS 102. The Trustee considers that ther8
are no material uTrcertainlies about the charills ability to continue as a going ¢0m.
Thè presentatlon currency of these finan¢ial statements 18 Pounds Sterfing.
The figures have not been rounded.
Basls of Accounllng
- Income recognltion
All Incomlng SoUrCeS are Included In the Statement ol Flnanci&l Actlvibes en thè charity Is legally
entitled to the income and the amount can be quantified with asOnable accuracy.
Income tax recoverable In relation to Inv05lm8llt incom8 is r8cognised 81 the time inve5tm8nt incom8 15
receivable.
Donations are recognised when the charity has been notified In wrrting of both the amount and
selllernent date. In the event that a dOTratn is subject to conditlons that require a lovel ol performance
before the chaiity is entitlod to the funds, the in¢ome is deferre¢J and not COgnISed until either those
conditions are fully m9t. or th9 fijifilmenl of Ihosg conditions is wholly wthin Ihe control of thg Charty
8nd it is prob8ble that thos8 conditions will bg fulfilled in th8 reporting peri(xY.
Legacy gift5 ar8 r8cogni88d on a ¢se by rAse basis followlng the granting ol Probate when the
adrninistratorlexecutorfor the estate has comrnunlc8tod in writing both the amount and settlement
dal8. In th8 event that the gilt is in lh8 forrn ol an a588t other than cash or a finan¢ial asset tradgd on a
recognised stock exchange, recognition is subject to the value of the grft being reliably measurable Mth
a degree ol reasonab aocuracy and thè litla to the asset having been transfvrr9d to the charity.
Interesl on funds hehl on deposlt Is Included when receivable and the amount can b8 measufyd lIablY
by the Charity., this is normalty upon notCallOn ol the interest paid or payable by the bank. Dividends
are recognised once Ihe divldend has been declared and notification has been recelved of the dividend
due. Thi8 is norm811y upon notifKation by our Investment manager ol the dividend yi81d of Ihe
investment portfolio.
THE R J AND A H DANIELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
- Exp¢ndltur• rgcognl¢lon
Liabilities hre recognised as expenditure as 300Th as ther& 18 a legal or ¢onstructivg obligation
committing the charSly to that expenditure, it 1$ probable that settlement wll be required and the amount
of the obligation can be measur8d r81iably.
All exp8nditur8 is account8d for on an a¢cruals basis and has been included under expense catogorios
that aggregate all costs for èlkneation to activitigs. Where costs cannot be directly attributed to
particular aCtivleS thoy have bèen allocated on a basis consistent with Ihe use ol the re$ourr*s.
Grants payable are charged in th9 y98rwh9n the off9r Is made except in those cases bthere th8 offer Is
¢oDditional, such grants being recogThis&d as expenditur8 when the conditions attaching are ftjifilled.
Grants offered subject to condition5 whlch h8ve not be8n met at the year end are noted as a
¢Otnmiiment. bul not accrued as 8XP8ndilure.
Fund Structure
Incomo funds arg unrestricted funds which are available for use at the discretk)n of the Trustee in
furtherance ol the general objectiV8s of the charity and whitth hawe not bÈen designated for other
purposes.
C8prt81 funds comprise expendable endowments, whereby there 15 no requir8ment to SP8nd ths capital
unlgss. or untll, tho charity Trustee declde to do so. These funds ar8 Invèsted to pTrUC8 unr88lricted
incom8 bthich can be spent in accordance vAth the charilable objectlV8S.
Investrngnt income. gains and10589s are allo¢atsd to the approprlale fund.
Investment$
Llsted Investments a Induded in the ffin8ncial ststements at mid-rnart(et value al the balance sheet
date. Unllsled investment5 are included in the balance sheet at their historical cost less any amounts
wrrtten off. Investments include cash held for invesbnent purposes.
Reallsed 9alns and losses
All gains and kjsses are taken to Ihg Slatoment ol Flnanolal Act6vities as they arise. Realised gains and
105ses on invostments are c8l¢ulaterJ as the difference between sales proc8eds and their op8ning
carrying value or Ihelr purchase value il acqulred subsequent to th8 first day of th8 fin8nrJ81 year.
Unr88lised gains 8nd lossès are calculated as the differenc8 b81w8en lh8 fair valu8 at th8 year end 8nd
thelr carrylng valuo.
2 Inforrnatlon regardlng Truste¢'s and Employ•e$
SG KleSnwort Hambr08 Trust Company IUKI Llmlted recelverj a remunaration 8t market ratè for Ils
5erwce$ as Corporat8 Tru8le8. The charity had no employee5.
3 Investmenl In¢ome
2021
2020
Income from UK Listed Sècurllle$
Reversal of Dupllc8te Dividend
30.388.48
33.515.65
11,167.751
£30,388.48
£32.347.90
THE R J AND A H DANIELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
4 Donallons lo ¢harltablg Inst5tutlons
2021
2020
3H Hèlping Hands for H¢llday8
Alzheimers R8s8ar¢h UK
Bamardo's
Battersga Dogs Horne
chIren with Cancer UK
Dementla UK
Dogs for Good
Gutrjg Dogs for tho Blind
Headway
Honeypot Charlty
Hope for Kidz
Macmillan Cancer
Make a Wlsh LJK
Mane Chance Sanctuary
Redwngs Hors8 Sanctuary
Slep by Slep
Strongbones Chlldren's Ch8rftable Trust
The Mayhew Animal Home
The Royal Marsden Cancer Charfly
Tiny Trm's ChIldn,$ Contre
Valgray8 Border Collie Rescue
Wlnston's Wlsh
2,000.00
4,000.00
2,000.00
4.000.00
2,000.00
4.000.00
2,000.00
4,000.00
2,000.00
4,000.(K)
4.000.00
4.000.00
2.000.00
2,000.00
2.OOfl.00
4.000.00
2.000.00
4,000.00
3,000.00
4,000.00
1,000.00
4.0(X).00
£66.000.00
5 Support Costs
2021
2020
Goveman¢g Costs:
SG Kleirwort Hambros Trust Company IUKI Lirnit9d F¢9$
SG Kleinwort Harnbros Trust Company IUKI LIrntt ARC Fees
Indepondenl Examln&rf$ Fg9s
3.984.1)0
10,536.¢JO
15.00
1,260.00
1.260.00
£5.244.00
£11.811.00
THE R J AND A H DANIELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
6 Invg$tm•nt8 Il¥t•d on a re¢ognlsed Stock Exchange
2021
2020
Market Valu9 Broughl Forward
Purchases
Shares Donated
Dl$po$als
1.125,617.00
497,842.43
5.565,208.39
1726.2/7.211
1,153.249.00
271.498.69
1304,792.44)
6.462.390.61
1.119,955.25
Rè81i8ed GainllLossl
Unrealised GainllLoss)
21.006.53
179,720.86
121.180.531
26,842.28
Market Value
6,603,118.00
1,125,617.00
Cash on SG Kleinwort Hambros Account
242,522.93
30,277.56
Total Invostmonts
£6.905.640.93
£1.155.194.56
Investments comprising greater than 5% of th• Partlollo
2021
2020
Aberd8en Europ Ex
Aviv8 Investors Select Funds
Fldellty American Growth
Fldèllty INJ8x US
Fil Inveslmenl Servi¢as
Invesco Sterling Bond
M&G Charifund Income Units
Mulli Unlts Luxembourg
Royal London Equf¢y Funds
Treasury 1.75% Index-Llnked 07109122
8.08
7.00
9.97
5.09
7.90
6.50
9.70
11.10
5.10
7 Cradltors. amounts falllng due within one year
2021
2020
Independent Exarninerfs Fee Provislon
SG Klelnw)rt Hambros Trust Company {UKI Limrted Fees
2,520.00
1,260.00
4,200.00
£2.520.00
£5,460.00
10-
THE RJ PthJD A H DANIELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
8 EXndable Endowment
Movem•nt In
Funds
Balan
31 De¢ 2020
Galns and
Tran$fw$
Balance
31 Dec 2021
£1.044.225.40 £5.751.584.24 £6,795,809.64
Incom8 is availabl8 for genèral purposes. The expendable endowment is represented malnly by
inv6stm8nts listed on a recognised Stock Exchange.
9 Unrestricted Fund5
The income funds of the charity will be allocated by the Truslee towards charlligs and charitabl8
aclivllies, as sel out in the Trustee's Report attached lo thes¢ financlal statements. Unrestricted
funds 8re represented by the nel current ass8ts of tha charity.
10 Related party transactlons and trustee's expens95 and r•mun•ratlon
The charity does not have a rèlationship with any other charity or organisations.
Remunerallon of £3,984.001£10,536.00 In 20201 Includlng VAT was pald lo SG Klelnwort
H8mbfOS Trust Company IUKI Limlled for 118 servke as Corporate Twslee.
Tho Lata Mrs A H Daniels, estate gifted shar8s worth £5.565,208.39 to the TTUSI.
## **THE R J AND A H DANIELS CHARITABLE TRUST**
## **Schedule of Investments and Income**
## **Year ended 31st December 2021**
|**Holding**
**Market Value**
**Additions**
**Disposals**
**01/01/2021**
**01/01/2021**
**Quantity**
**Cost**
**Quantity**
**Proceeds**
**£**
**£**
**£**
**MAIN FUND**
Aberdeen
European Equity Ex UK Inst
34,000.00
33,976
467,500.00
511,445.00
Abrdn Plc
Ordinary GBP0.1396825396
Changed from Standard Life Aberdeen Plc Ordinary GBP0.1396825396 on 05/07/2021
10,213
23,826.93
10,213
24,181.50
Algebris Ucits Funds Plc
Financial Credit Id Inc Nav
295.00000
35,922
1,272.13
1,500.00000
179,625.00
Allspring (Lux) Worldwide Fund
Us.All Cap Growth Fund I USD Acc
Changed from Wells Fargo (Lux) US All Cap Gwth I Acc USD on 06/12/2021
130.00
55,994
Antofagasta Hldgs
Ordinary GBP0.05
4,700
62,685.92
Artemis Fund Managers
Income I Inc
11,300.0000
27,911.00
232.34
25,700.0000
62,402.17
Astrazeneca Group Plc
Ord US$0.25
1,400
115,864.00
Aviva Investors Select Funds ICVC
US Equity Income Fund II Dist
52,500
86,016
160,000
303,888.00
40,000
68,144.00
**Carried Forward**
**211,908**
**1,288,920.15**
**92,557.84**|**Profit**
**(Loss)**
**£**
354.57
2,608.00
**2,962.57**|**Unrealised**
**Holding **
**profit**
**31/12/2021**
**£**
20,271.00
501,500.00
(162.13)
1,795.00000
4,910.00
130.00
224.08
4,700
4,424.17
37,000.0000
5,628.00
1,400
15,854.00
172,500
**51,149.12**|**Restated Cost**
**Market Value**
**31/12/2021**
**31/12/2021**
**£**
**£**
545,421.00
565,692
216,819.13
216,657
55,994.00
60,904
62,685.92
62,910
90,080.83
94,505
115,864.00
121,492
324,368.00
340,222
**1,411,232.88**
**1,462,382**|**Gross**
**UK/Foreign**
**Income**
**Tax**
**£**
**£**
197.47
78.98
690.88
72.45
415.68
419.17
1,272.13
368.46
392.38
298.96
605.75
150.85
131.19
138.34
**5,232.69**|
|---|---|---|---|---|
- 12 -
## **THE R J AND A H DANIELS CHARITABLE TRUST**
## **Schedule of Investments and Income**
## **Year ended 31st December 2021**
|**Holding**
**Market Value**
**Additions**
**Disposals**
**01/01/2021**
**01/01/2021**
**Quantity**
**Cost**
**Quantity**
**Proceeds**
**£**
**£**
**£**
**Brought Forward**
**211,908**
**1,288,920.15**
**92,557.84**
Aviva Plc
Ordinary 25p
10,000
38,500.00
Axa Funds Management Sa
Emg Mkt Sht Durtn Bd I GBP Hdg-Qtly Dis
185.00
19,444
325.00
35,090.25
510.00
55,427.71
17.06
Axa Funds Management Sa
Framlington UK L GBP Dis
59,323.20000
55,427.71
BAE Systems Ordinary 2.5p
11,400
62,219.11
Baillie Gifford Overseas Limited
Japanese B GBP Dis
2,500.00000
30,601
Bny Mellon Global Funds Plc
Global Equity Higher Income W Dis Nav
32,000.00000
58,208.00
BP Plc
Ordinary USD0.25
12,000
39,054.00
British Land Co Plc
Ordinary 25p
8,200
41,721.60
8,200
42,847.17
Carnival Plc
Ordinary USD1.66
1,500
17,793.00
1,500
21,360.31
Compass Group Plc
Ordinary GBP0.1105
4,711
68,898.38
4,711
76,488.06
Croda International
Ordinary GBP0.10609756
630
62,881.22
**Carried Forward**
**261,953**
**1,768,730.48**
**288,681.09**|**Profit**
**(Loss)**
**£**
**2,962.57**
876.40
1,125.57
3,567.31
7,589.68
**16,121.53**|**Unrealised**
**Holding **
**profit**
**31/12/2021**
**£**
**51,149.12**
2,540.00
10,000
6,268.29 59,323.20000
457.89
11,400
(1,000.00)
2,500.00000
6,598.00 32,000.00000
606.00
12,000
874.78
630
**67,494.08**|**Restated Cost**
**Market Value**
**31/12/2021**
**31/12/2021**
**£**
**£**
**1,411,232.88**
**1,462,382**
38,500.00
41,040
55,427.71
61,696
62,219.11
62,677
30,601.00
29,601
58,208.00
64,806
39,054.00
39,660
62,881.22
63,756
**1,758,123.92**
**1,825,618**|**Gross**
**UK/Foreign**
**Income**
**Tax**
**£**
**£**
**5,232.69**
162.80
17.06
175.00
386.37
529.12
302.60
**6,805.64**|
|---|---|---|---|---|
- 13 -
## **THE R J AND A H DANIELS CHARITABLE TRUST**
## **Schedule of Investments and Income**
## **Year ended 31st December 2021**
|**Holding**
**Market Value**
**Additions**
**Disposals**
**01/01/2021**
**01/01/2021**
**Quantity**
**Cost**
**Quantity**
**Proceeds**
**£**
**£**
**£**
**Brought Forward**
**261,953**
**1,768,730.48**
**288,681.09**
Diageo PLC
Ordinary 28 101/108p
3,000
113,985.00
Direct Line Insurance
Plc Ordinary 10.9090909p
15,500
41,943.00
Fidelity Funds SICAV
American Growth Y USD Inc Nav
30,128.27
681,682.28
Fil Investment Services(Uk)ltd
Index US P Inc Nav
40,500.00
96,325
90,600.00
272,515.74
15,500.00
37,930.05
Franklin Templeton Investment Mgmt
UK Mid Cap W Inc Nav
33,554.735
71,196.44
Glencore Plc
Ordinary USD0.01
17,700
63,206.70
17,700
65,902.87
Halma
Ordinary 10p
3,300
99,033.00
Hermes Investment Fund
Emerging Asia Equity F USD Inc Nav
15,500.00
33,500
20,500.00
48,243.42
90.94
HSBC Holdings Plc
Ordinary USD0.50
8,500
35,644.75
Intermediate Capital Group Plc
Ordinary GBP0.2625
8,177
170,899.30
International Consolidated Airline
Ordinary EUR0.50
8,800
11,216.48
**Carried Forward**
**391,778**
**3,378,387.53**
**392,514.01**|**Profit**
**(Loss)**
**£**
**16,121.53**
1,064.93
2,696.17
**19,882.63**|**Unrealised**
**Holding **
**profit**
**31/12/2021**
**£**
**67,494.08**
7,095.00
3,000
1,302.00
15,500
15,997.72
30,128.27
24,500.38
115,600.00
3,412.56
33,554.735
6,567.00
3,300
537.64
36,000.00
2,490.25
8,500
8,503.70
8,177
1,321.52
8,800
**139,221.85**|**Restated Cost**
**Market Value**
**31/12/2021**
**31/12/2021**
**£**
**£**
**1,758,123.92**
**1,825,618**
113,985.00
121,080
41,943.00
43,245
681,682.28
697,680
331,975.62
356,476
71,196.44
74,609
99,033.00
105,600
81,834.36
82,372
35,644.75
38,135
170,899.30
179,403
11,216.48
12,538
**3,397,534.15**
**3,536,756**|**Gross**
**UK/Foreign**
**Income**
**Tax**
**£**
**£**
**6,805.64**
315.29
322.46
191.95
190.00
242.76
90.94
826.21
**8,985.25**|
|---|---|---|---|---|
- 14 -
## **THE R J AND A H DANIELS CHARITABLE TRUST**
## **Schedule of Investments and Income**
## **Year ended 31st December 2021**
|**Holding**
**Market Value**
**Additions**
**Disposals**
**01/01/2021**
**01/01/2021**
**Quantity**
**Cost**
**Quantity**
**Proceeds**
**£**
**£**
**£**
**Brought Forward**
**391,778**
**3,378,387.53**
**392,514.01**
Invesco Fund Managers
IP Corporate Bond Z Inc
25,750.00
55,874.93
Invesco Management Sa
Bond Z GBP Qd Dis
7,000.00000
79,180
7,000.00000
77,324.10
Ishares
Ishares S&P 500 Nav
3,000
103,676.25
Ishares II Plc - Ishares Barclays
Capital Index-Linked Gilts
9,300.00
209,180.25
Ishares Physical Metals Plc
I Shares Physical Gold Etc GBP
11,400.00000
299,364.00
JO Hambro Capital Management
Continental European Inst Inc
30,000.000
162,240.00
Johcm Oeic Mgrs
Continental European Fd Eur
3,400.00
11,881
3,400.00
13,421.94
JPMorgan American Investment Plc
Ordinary 5p
29,600
217,165.43
Jpmorgan Asset Management UK Ltd
Emerging Markets Income C Net Inc Nav
56,000.00000
40,208.00
Jupiter Unit Trust Managers
Japan Income I Inc
37,500.00
42,473
**Carried Forward**
**525,312**
**4,543,420.49**
**405,935.95**|**Profit**
**(Loss)**
**£**
**19,882.63**
1,540.94
**21,423.57**|**Unrealised**
**Holding **
**profit**
**31/12/2021**
**£**
**139,221.85**
(226.93)
25,750.00
(2,823.10) 14,000.00000
2,043.75
3,000
(12,159.25)
9,300.00
(1,938.00) 11,400.00000
9,660.00
30,000.000
9,259.57
29,600
1,098.00 56,000.00000
1,901.00
37,500.00
**146,036.89**|**Restated Cost**
**Market Value**
**31/12/2021**
**31/12/2021**
**£**
**£**
**3,397,534.15**
**3,536,756**
55,874.93
55,648
156,504.10
153,681
103,676.25
105,720
209,180.25
197,021
299,364.00
297,426
162,240.00
171,900
217,165.43
226,425
40,208.00
41,306
42,473.00
44,374
**4,684,220.11**
**4,830,257**|**Gross**
**UK/Foreign**
**Income**
**Tax**
**£**
**£**
**8,985.25**
392.70
437.50
382.20
784.00
271.74
133.09
644.00
454.09
479.63
**12,964.20**|
|---|---|---|---|---|
- 15 -
## **THE R J AND A H DANIELS CHARITABLE TRUST**
## **Schedule of Investments and Income**
|**Year ended 31st December 2021**
**Holding**
**Market Value**
**Additions**
**Disposals**
**Profit**
**01/01/2021**
**01/01/2021**
**Quantity**
**Cost**
**Quantity**
**Proceeds**
**(Loss)**
**£**
**£**
**£**
**£**
**Brought Forward**
**525,312**
**4,543,420.49**
**405,935.95**
**21,423.57**
Liontrust Investment Management
Income C Dis Nav
22,696.59700
31,188.32 22,696.59700
28,584.10
(2,604.22)
Liontrust Macro Equity Income Fund
Institutional Class Inc
16,000.000
26,538
16,000.000
31,188.32
4,650.32
Lyxor Asset Management S.A.S
Sandler US Equity Si GBP Acc
2,182.00000
247,425.93
Lyxor Investment Strategies Plc
Epsilon Global Trend I GBP Instl
1,280.00000
177,481.47
Lyxor Newcits Irl Plc
Tiedemann Arbitrage Strategy Si GBP
1,806.12620
183,263.11
M & G Securities Limited
Charifund Income
8,650.000
118,727
M&G Securities Ltd
Corporate Bond I Inc
97,000.00
40,875.80
Mayfair Property
Income Trust for Charities
52,512.23
42,829
**Carried Forward**
**713,406**
**5,223,655.12**
**465,708.37**
**23,469.67**|**Unrealised**
**Holding **
**profit**
**31/12/2021**
**£**
**146,036.89**
1,431.07
2,182.00000
2,837.53
1,280.00000
13.89
1,806.12620
15,884.00
8,650.000
(407.80)
97,000.00
7,866.00
52,512.23
**173,661.58**|**Restated Cost**
**Market Value**
**31/12/2021**
**31/12/2021**
**£**
**£**
**4,684,220.11**
**4,830,257**
247,425.93
248,857
177,481.47
180,319
183,263.11
183,277
118,727.00
134,611
40,875.80
40,468
42,829.00
50,695
**5,494,822.42**
**5,668,484**|**Gross**
**UK/Foreign**
**Income**
**Tax**
**£**
**£**
**12,964.20**
181.95
272.21
274.77
994.75
1,859.75
1,557.00
1,989.50
168.98
163.94
151.18
162.47
212.36
176.86
126.40
162.79
165.73
158.95
246.60
**21,990.39**|
|---|---|---|---|
- 16 -
## **THE R J AND A H DANIELS CHARITABLE TRUST**
## **Schedule of Investments and Income**
## **Year ended 31st December 2021**
|**Holding**
**Market Value**
**Additions**
**Disposals**
**01/01/2021**
**01/01/2021**
**Quantity**
**Cost**
**Quantity**
**Proceeds**
**£**
**£**
**£**
**Brought Forward**
**713,406**
**5,223,655.12**
**465,708.37**
Multi Units Luxembourg
Lyxor Ftse Actri UK Gilts 05y Dr GBP
1,700.00000
30,830
29.92
Multi Units Luxembourg
Lyxor Ftse Actuaries UK Gilts Dr Ucits
900.00
135,360
119.43
Neuberger Berman Investment Funds PLC
Short Duration Emerging Markets Debt F
7,900.00
73,707.00
Pimco Funds Global Investors Series
Global Inv Grade Cred Hdgd Instl Inc Nav
2,800.00
39,900
Polar Capital Funds
Emerging Markets Income S Dis Nav
4,050
27,338
1,750
12,250.00
5,800
40,716.00
Polar Capital Funds Plc
Emerging Markets Stars S GBP Cap
12,775.04200
146,912.98 12,775.04200
143,208.22
Relx Plc
Ordinary 14p
5,900
137,883.00
Rio Tinto Plc
Ordinary 10p (Reg'd)
1,750
80,710.00
Rolls-Royce
Ordinary GBP1.50
7,800
9,555.00
7,800
9,238.67
**Carried Forward**
**946,834**
**5,684,822.45**
**658,871.26**|**Profit**
**(Loss)**
**£**
**23,469.67**
1,128.00
(3,704.76)
(316.33)
**20,576.58**|**Unrealised**
**Holding **
**profit**
**31/12/2021**
**£**
**173,661.58**
(1,081.92)
1,700.00000
(9,407.43)
900.00
79.00
7,900.00
(1,708.00)
2,800.00
3,835.00
5,900
4,900.00
1,750
**170,278.23**|**Restated Cost**
**Market Value**
**31/12/2021**
**31/12/2021**
**£**
**£**
**5,494,822.42**
**5,668,484**
30,859.92
29,778
135,479.43
126,072
73,707.00
73,786
39,900.00
38,192
137,883.00
141,718
80,710.00
85,610
**5,993,361.77**
**6,163,640**|**Gross**
**UK/Foreign**
**Income**
**Tax**
**£**
**£**
**21,990.39**
29.92
289.00
187.00
119.43
1,404.00
954.00
254.48
262.19
264.84
277.20
602.64
**26,635.09**|
|---|---|---|---|---|
- 17 -
## **THE R J AND A H DANIELS CHARITABLE TRUST**
## **Schedule of Investments and Income**
## **Year ended 31st December 2021**
||**Holding**|**Market Value**|**Additions**|**Additions**|**Disposals**|**Disposals**|**Profit**|**Unrealised**|**Holding **|**Restated Cost**|**Market Value**|**Gross**|**UK/Foreign**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**01/01/2021**|**01/01/2021**|**Quantity**|**Cost**|**Quantity**|**Proceeds**|**(Loss)**|**profit**|**31/12/2021**|**31/12/2021**|**31/12/2021**|**Income**|**Tax**|
|||**£**||**£**||**£**|**£**|**£**||**£**|**£**|**£**|**£**|
|**Brought Forward**||**946,834**||**5,684,822.45**||**658,871.26**|**20,576.58**|**170,278.23**||**5,993,361.77**|**6,163,640**|**26,635.09**||
|Royal London Unit Trust Managers||||||||||||||
|UK Equity Income Z Inc|58,928.04900|62,287||||||||||482.97||
|||||||||||||544.32||
|||||||||||||636.89||
|||||||||10,312.00|58,928.04900|62,287.00|72,599|758.88||
|Schroder||||||||||||||
|UK Alpha Income Fund Z Dis||||||||||||||
||10,000.00|15,490||||||||||256.74||
|||||||||1,650.00|10,000.00|15,490.00|17,140|318.62||
|Threadneedle Investments|Funds|||||||||||||
|UK Zni Inc Nav|24,000.00|34,030||||||||||258.77||
|||||||||2,678.00|24,000.00|34,030.00|36,708|496.20||
|Tokio Marine Funds||||||||||||||
|Japanese Equity Focus F GBP||||||||||||||
||||900.00|291,613.77||||(6,950.77)|900.00|291,613.77|284,663|||
|Unilever Plc||||||||||||||
|Ordinary 0.031111p|||1,000|38,590.00||||865.00|1,000|38,590.00|39,455|||
|Union Bancaire Privee Sa||||||||||||||
|Global High Yield Solution Ih GBP Dist||||||||||||||
||||470.00000|48,024.60||||888.40|470.00000|48,024.60|48,913|||
|United Kingdom(Government Of)||||||||||||||
|1.75% Gilt 07/09/22|65,000.00|66,976||||427.35||||||||
||||||65,000.00|66,978.60|429.95|||||||
|**TOTAL: MAIN FUND**||**1,125,617**||**6,063,050.82**||**726,277.21**|**21,006.53**|**179,720.86**||**6,483,397.14**|**6,663,118**|**30,388.48**||
|||||||||||||||
|**TOTAL:**||**1,125,617**||**6,063,050.82**||**726,277.21**|**21,006.53**|**179,720.86**||**6,483,397.14**|**6,663,118**|**30,388.48**||
- 18 -