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|List ofCharitable
Beneficiaries|Listed in the Will|Charity
No.|
|---|---|---|
|The Royal National
Institute ofBlind People (formerly Action for Blind||226227|
|People)|||
|The Blue Cross (Animal
Hospital)||224392|
|The Brooke Hospital for Animals||1085760|
|The Great Ormond
Street Hospital|for Children|288763|
|Greenpeace
Environmental
Trust||284934|
|The Guide Dogs for the Blind Association||209617|
|The Multiple
Sclerosis Society||207495|
|NCH (formerly National
Children's|Home)|1097940|
|National
Society for the Prevention|ofCruelty to Children|216401|
|Oxfam||202918|
|Redwings
Horse Sanctuary||1068911|
|The Royal British Legion||219279|
|The Royal Society for the Prevention ofCruelty to Animals||219099|
|The Salvation
Army||214779|
|The Save the Children
Fund||213890|
|United Kingdom
Committee
for UNICEF||1072612|
|Wood Green Animal
Shelters||298348|
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##
|e results are summarised|as follows:-|||
|---|---|---|---|
|||2021|2020|
|Income received||320,771|360,150|
|Raising Funds||||
|Investment
Managers'|fees|5,276|10,265|
|Charitable
Activities||||
|Management
and administration||21 333|20,843|
|Distributions
to Charities||356,000|334,500|
|Total Charitable
Activities||377,333|355,343|
|||382,609|365,608|
|Net (Deficit)||(61,838)|(5,458)|
|Net gains
/ (losses) on|Investments|436,127|(341,082)|
|Net Surplus
/ (Deficit)||f374,289|(8346,540)|
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|||||Capital|Capital|Income|Income|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||Note|20ZI|2020|2021|2020|2021|2020|
|General Fund|||||||||f,|
|Income and Endowments||from:||||||||
|Income from investments|||(2)|||320,646|358,858|320,646|358,858|
|Other income||||||125|1,292|125|1,292|
|Total Income||||||320,771|360,150|320,771|360,150|
|Expenditure
on:||||||||||
|Raising Funds|||(3)|(2,638)|(5,132}|(2,638)|(5,133)|(5,276)|(10,265)|
|Charitable
Activities|||(3)|(4,416)|(4,171)|(372,917)|(351,172)|(377,333)|(355343)|
|Total Expenditure||||(7,054)|(9,303)|(375,555)|(356,305)|(382,609)|(365,608)|
|Net (Deficit) / Surplus||||(7,054)|(9,303)|(54,784)|3,845|(61,838)|(5,458)|
|Net Gain / (Loss) on Investments|||(4)|436,127|(341,082)|||436,127|(341,082)|
|Net Surplus
/ (Deficit)||||429,073|(350,385)|(54,784)|3,845|374,289|(346,540)|
|Transfer between
Funds||||(54,784)|3,845|54,784|(3,845)|||
|Funds brought
forward|at 6|April|2020|4,190,341|4,536,881|||4,190,341|4,536,881|
|Funds carried forward|at 5 April||2021|84,564,630|84,190,341|||f4,564,630|64,190,341|
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|3.|EXPENDITURE ON:|||Note|Note|Capital|Capital|Capital|Income|Income|Total|Total||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|2021|2020|2021|2020||
||Raising Funds|||||||||||||
||Investment
Management||Fees||||2,638|5,132|2,638|5,133|5,276|10,265||
||Charitable
Activities|||||||||||||
||Distributions
to Charities|||(10)|||||356,000|334,500|356,000|334,500||
||Legal and professional|fees|||||2,605|2,338|2,606|2,338|5,211|4,676||
||Accountancy
costs||||||1,800|1,800|1,800|1,800|3,600|3,600||
||Bank charges||||||11|33|11|34|22|67||
||Annuity
Gross||||||||12,500|12,500|12,500|12,500||
||||||||4,416|4,171|16,917|16,672|21,333|20,843||
||Total Charitable
Activities||||||f4,416|64,171|$372,917|8351,172|f377,333|6355,343||
|4.|RECONCILIATION|OF||GAINS/(LOSSES)||||ON INVESTMENTS|||2021|2020||
||Unrealised
Gains/(Losses)|||on|Quoted||Investments||||449,424|(362,203)||
||Unrealised
Gain on Unquoted||||Investments|||||||||
||Realised (Losses)/Gains||||||||||(13,297)|21,122||
||Total net Gains/ (Losses)||||||||||7416.127|46341.48|3|
|5|QUOTED INVESTMENTS||||||||||2021|2020||
||||||||||||8|f.||
||Market Value at 6 April 2020||||||||||1,240,854|1,615,561||
||Cost ofinvestments
acquired||||||||||53,639|32,220||
||||||||||||1,294,493|1,647,78'I||
||Proceeds from disposal|ofinvestments|||||||||(39,427)|(65,845)||
||||||||||||1,255,066|1,581,936||
||Realised (Losses)/Gains||during the|||year|||||(13,297)|21,121||
||Movement
in unrealised||Gains/(Losses)
during|||||the year|||449,424|(362,203)||
||Market Value at 5 April||2021||||||||81,691,193|01,240,854||
|Individual
investments|h|eld at 5 April 2021 which represent
m|ore than
5'/67 ofthe portfolio by|value are:||
|---|---|---|---|---|---|
||||Market value|Portfolio|'/o|
|Law Debenture
Corp|pic||130,140|7.70"8||
|Murray
international|Trust pic||101,660|6.01%%d||
|JPM Asset Management||US Equity Income|83,529|5.69878||
|Alliance Trust pic|||110,424|6.53 38||
|Witan Investment
Trust pic|||124,850|7.38"o||
##
##
##
|6.|UNQUOTED
INVESTMENT|UNQUOTED
INVESTMENT|UNQUOTED
INVESTMENT|2021|2020|
|---|---|---|---|---|---|
||Radix Properties
Ltd|||||
||8,000 gl Ordinary
shares|||||
||Value at 6 April 2020|||2,675,000|2,675sttt00|
||Unrealised
gain on revaluation|||||
||Value at 6 April 2021|||62,675,000|f2,675,000|
||Income for the year|||6264,000|f304,000|
|7.|BALANCES AT BANK AND INVESTMENT MANAGERS|||2021|2020|
||||||g|
||Bank Accounts|||197,866|' 254vk27|
||Investment
Managers-Capital||Account|12,759|36„416|
|||||6210,625|f290,843|
|g.|CREDITORS|||2021|2020|
||||||E|
||Accountancy
and Audit Fees|||3,600|3,600|
||Investment
Management|Fees||6,088|10,256|
||Income Tax on annuity|||2,500|~00|
|||||612,188|616,356|
|9.|ANALYSIS OF UNRESTRICTED FUND MOVEMENTS|||2021|2020|
||Balance at 6 April 2020|||4,190,341|4,536,881|
||Income|||320,771|360,150|
||Expenditure|||(382,609)|(365,608)|
||Gains/(Losses)|||436,127|it'4f tlR2)|
||Balance at 5 April 2021|||64,564,630|84,190;FAI|
##
##
|10.|DISTRIBUTIONS TO CHARITIES|DISTRIBUTIONS TO CHARITIES|2021|2020|
|---|---|---|---|---|
|||||8|
||Discretionary
payments:||||
||United
Kingdom
Committee|for UNICEF|10,000|5,000|
||Blue Cross|||5,000|
||Greenpeace||5,000||
||Multiple
Sclerosis Society||5,000|5,000|
||Oxfam||5,000||
||RNIB||5,000|5,000|
||RSPCA|||3,500|
||Redwing
Horse Sanctuary||10,000||
||Save the Children||5,000||
||The Royal British Legion||5,000|5,000|
||Annual
distribution
to Charities (see page 3)||||
||Distribution
ofsurplus:||||
||17payments off.18,000||306,000|306,000|
||||6356,000|6334,500|
##
||Year ended|Year ended|
|---|---|---|
||31.03.2021|31.03.2020|
|J.S.Gold|632,000|632,000|
|J.A.Clemence|$3,800|$3,800|
##
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##
|||||||Purchases|Cost|Profit|||Market||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Holdings|at|6.4.20|Sales (Proceeds)||(loss)|Holdings
at 5.4.21||Value|Income|
||||Nominal||Cost|Nominal||on sale|Nominal|Cost|2021|2021|
|Bonds/Fixed
Interest|||||||||||||
|Invesco Fund Managers|||||||||||||
|Perpetual
Corp.Bd Shs(OEIC)|||19,622||39,180||||19,622|39,180|43,197|1,171|
|Land Securities Capital Markets||pic|||||||||||
|5.391"eNotes 27/02/2026|||26,000||26,000||||26,000|26,000|29,094|1,402|
|M& G Corporate Bond Fund|||||||||||||
|Class A (OEIC) units|||||||||||||
|Corp bond I Sterling inc shares|||109,341||38,765||||109,341|38,765|45,759|1,357|
|New City High Yield Fund Ltd|||||||||||||
|Ordinary
NPV|||95,000||49,557||||95,000|49,557|48,925|4.237|
|UK Government
Treasury|||||||||||||
|1.875ea Index linked stock 2022|||42,000||66,860||||42,000|66,860|65.723|1,123|
||||||220,362|||||220,362|232,698|9,290|
|Equities|||||||||||||
|Alliance Trust pic|||||||||||||
|2.5p Ordinary
shares|||11,810||40,388||||11,810|40,388|110,424|1,698|
|Aviva Investors US Equity|||||||||||||
|Income Fund|||||||||||||
|Class
I shares|||43,310||66,588||||43,310|66,588|76,317|2,253|
|Aviva Investors
Multi-Strategy|||||||||||||
|Target 2 shares|||42,000||41,184||||42,000|41,184|33,146|1,442|
|Baillie Gifford UK Ltd|||||||||||||
|formerly
Schroder UK Growsh|Fund||pic||||||||||
|25p Ordinary
shares|||27,000||38,636||||27„000|38.636|63,450|837|
|City ofLondon Investment
Trust pic|||||||||||||
|25p Ordinary
shares|||12,000||31,755||||12,000|31,755|45,420|2,280|
|Dunedin
Enterprise
Investment||Trust|pic||||||||||
|25p Ordinary
shares|||||||||||||
|Redemption ofcost|||4,495||8,666|(834)|(3,210)|1,602|3,661|7,058|12,557|225|
|Edinburgh
Investment
Trust pic|||||||||||||
|25p Ordinary
shares|||12,600||60,335||||12,600|60,335|75,852|3,509|
|Henderson
High Income Trust|pic||||||||||||
|Sp Ordinary
shares|||20,000||34,007||||20,000|34,007|32,800|1,980|
|JPMorgan Asset Management|Ltd||||||||||||
|Emerging
Markets
Investment|Trust||||||||||||
|25p Ordinary
shares|||7,9SO||46,717||||7,950|46,717|104.145|1,129|
|JPMorgan Asset Management|Ltd||||||||||||
|US equity inc K Sterling inc shares|||74,247||47 223||||74,247|47,223|96,226|2,064|
|Keystone Investment
Trust pic|||||||||||||
|50p Ordinary
shares|||3,000||32,576||||3,000|32,576|42,900|1,680|
|Law Debenture
Corp pic|||||||||||||
|Sp Ordinary
shares|||18,000||72,935||||18,000|72,935|130,140|7,002|
|Carried forward|||||521,010||(3,210)|1,602||519,402|823,377|26,099|
##
##
||||Purchases|Cost|Profit|||Market||
|---|---|---|---|---|---|---|---|---|---|
||Holdings|at 6.4.20|Sales (Proceeds)||(loss)|Holdings at 5.4.21||Value|Income|
||Nominal|Cost|Nominal||on sale|Nominal|Cost|2021|2021|
||||||8|||||
|Brought forward||521,010||(3,210)|1,602||519,402|823,377|26,099|
|Majedie Investment
Trust pic||||||||||
|10p Ordinary
shares|11,750|29,024||||11,750|29,024|27,260|1.340|
|Majedie Asset Management||||||||||
|UK Inc fd Xinc shares|31,290|51,116|(31,290)|(36,217)|(14.899)|||||
|Mercantile
Investmeni
Trust pic||||||||||
|2.5p Ordinary
shares|37,000|31,569||||37,000|31,569|94,720|2,442|
|Merchants
Trust pic||||||||||
|25p Ordinary
shares|6,900|34,894||||6,900|34.894|34,707|1,877|
|Murray
Income Trust pic||||||||||
|25p Ordinary
shares|5,800|35,565||||5,800|35,565|49,358|1,987|
|Murray
International
Trust pic||||||||||
|25p Ordinary
shares|8,500|59,764||||8,500|59,764|101,660|4,548|
|Ninty One Fund Manager||||||||||
|Diversified
Income shares|||18,130|18,032||18,130|18,032|18,353|152|
|Residential
secure income PLC||||||||||
|10p Ordinary
shares|33,500|32,220||||33,500|32,220|30,820|1.675|
|Ruffer Investment
Company||||||||||
|Red Ptg Pref O.Ip shares|4,390|10,285||||4,390|10,285|12,599|83|
|Samarang
Asset Management||||||||||
|Halley Sivac Asian Prosperity||||||||||
|A Inc Shares|200|38,256||||200|38,256|50.286|2,118|
|Scottish American
Investment||||||||||
|Company
pic||||||||||
|25p Ordinary
shares|11,500|24,925||||11,500|24,925|53,015|1,380|
|T.Bailey Fund Services||||||||||
|Evenlode Income C units|||16,500|35,607||16,500|35,607|37,490|657|
|Witan Investment
Trust pic||||||||||
|25p Ordinary
shares|11,000|44,280||||11,000|44,280|124,850|2,998|
|||912,908||14,212|(13,297)||913,823|1,458,495|47,356|
|Grand Totals||gi,t33,270||614,212|(813,297)||II,134,185|f.1,691,193|656,646|