##
##
##
##
##
##
##
##
##
##
##
||||
|---|---|---|
|List ofCharitable
Beneficiaries Listed in the Will||Charity No.|
|The Royal National
Institute ofBlind People (formerly Action for Blind People)||226227|
|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|
|Action for Children
(formerly National|Children's
Home)|1097940|
|National
Society for the Prevention of|Cruelty 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|
##
##
##
##
##
##
##
|e results are|summarised|as follows:-|||
|---|---|---|---|---|
||||2022|2021|
|Income received|||480,437|320,771|
|Raising Funds|||||
|Investment|Managers'|fees|11,639|5,276|
|Charitable|Activities||||
|Management|and administration||22,821|21,333|
|Distributions|to Charities||373,435|356,000|
|Total Charitable
Activities|||396,256|377,333|
||||407,895|382,609|
|Net Surplus|/(Deficit)||72,542|(61,838)|
|Net gains on Investments|||219,753|436,127|
|Net Surplus|||f292,295|f374,289|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Capital|Capital|Capital||Income|Income|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||Note||2022|2021||2022|2021|2022|2021|
|General Fund||||8|8|||8|8|8|
|Income and Endowments|from:||||||||||
|Income from investments||(2)|||||480,418|320,646|480,418|320,646|
|Other income|||||||19|125|19|125|
|Total Income|||||||480437|320 771|480 437|320 771|
|Expenditure
on:|||||||||||
|Raising Funds||(3)||(5,819)|(2,638)||(5,820)|(2,638)|(11,639)|{5,276)|
|Charitable
Activities
Total Expenditure||(3)|(5,160)
~o. Hoi||(4,416)
(391,096)
d .oo
o~|||(372,917)
e
.
d|(396,256)
~o .o
d|(377,333)
~oo .|
|Net (Deftcit) / Surplus||||(10,979)|(7,054)||83,521|(54,784)|72,542|(61,838)|
|Net Gains on Investments||(4)||219,753|436,127||||219,753|436,127|
|Net Surplus/(Detlcit)||||208,774|429,073||83,521|(54,784)|292,295|374,289|
|Transfer between
Funds||||83,521|(54,784)||(83,521)|54,784|||
|Funds brought
forward at 6 April 2021
d»|||4,564,630
«.
.||4,190,341
dd.Odd d||||4,564,630
X4,856,925|4,190,341
64,564,630|
##
##
##
##
##
##
|2.|INCOME|FROM INVESTMENTS||Total|Total|
|---|---|---|---|---|---|
|||||2022|2021|
||||Note||g|
||Quoted Investments|||56,418|56,646|
||Unquoted|Investment|(6)|424,000|264,000|
||Income from Investments|||8480,418|6320,646|
##
##
||||FO|R THE|YEAR|ENDED 5AP|RIL 2022||||
|---|---|---|---|---|---|---|---|---|---|---|
|3.|EXPENDITURE ON:||Note|Capital||Capital|Income|Income|Total|Total|
|||||2022||2021|2022|2021|2022|2021|
|||||f|||||||
||Raising Funds||||||||||
||Investment
Management|Fees||5,819||2,638|5,820|2,638|11,639|5,276|
||Charitable
Activities||||||||||
||Distributions
to Charities||(10)||||373,435|356,000|373435|356000|
||Legal and professional|fees||3,340||2,605|3,340|2,606|6,680|5,211|
||Accountancy
costs|||1,800||1,800|1,800|1,800|3,600|3,600|
||Bank charges||||20|11|21|11|41|22|
||Annuity
Gross||||||12,500|12,500|12,500|12,500|
|||||5,160||4,416|17,661|16,917|22,821|2],333|
||Total Charitable
Activities|||f5,160||f4416|f391,096|f372rr17|f396,256|f377333|
|4.|RECONCILIATION|OF GAINS/(LOSSES)|||ON INVESTMENTS||||2022|2021|
||Unreal ised (Losses)/Gains
on Quoted Investments||||||||(88,416)|449,424|
||Unrealised
Gain on Unquoted||Investments||||||169,406||
||Realised Gains/(Losses)|on Quoted Investments|||||||138,763|(13,297)|
||Total net Gains||||||||f219,753|f436,127|
|5|QUOTED INVESTMKNTS||||||||2022|2021|
||Market Value at 6 April|2021|||||||1,691,193|1,240,854|
||Cost ofinvestments
acquired||||||||381,955|53,639|
||||||||||2,073,148|1,294,493|
||Proceeds from disposal|ofinvestments|||||||(403,181)|(39,4271|
||||||||||1,669,967|1,255,066|
||Realised Gains/(Losses)|during|the year||||||138,763|(13,297)|
||Movement
in unrealised|(Losses)/Gains||during|the year||||(88,416)|449,424|
||Market Value at 5 April|2022|||||||f1,720,314|f.1,691,193|
|||Market value|Portfolio|'/o|
|---|---|---|---|---|
|Murray
International|Trust pic|108,630|6.31"o||
|Alliance Trust pic||96,726|5.62"o||
|Aviva Investors US|Equity|87817|5 10oS||
|)PM Asset Management
US Equity Income||86,944|5 05"o||
##
##
|6.|UNQUOTED INVESTMENT|UNQUOTED INVESTMENT|UNQUOTED INVESTMENT|2022|2021|
|---|---|---|---|---|---|
||||||g|
||Radix Properties
Ltd|||||
||8,000gl Ordinary
shares|||||
||Value at 6 April 2021|||2,675,000|2,675,000|
||Unrealised
gain on revaluation|||169,406||
||Value at 6 April 2022|||$2,844,406|f2,675,000|
||Income for the year|||&l24,000|8264,000|
|7.|BALANCES AT BANK|AND INVESTMENT MANAGERS||2022|2021|
||Bank Accounts|||282,046|197,866|
||investment
Managers-Capital||Account|22,452|12,759|
|||||6304,498|$210,625|
|8.|CREDITORS|||2022|2021|
||Accountancy
and Audit Fees|||3,600|3,600|
||Investment
Management|Fees||6,193|6,088|
||Income Tax|||2,500|2,500|
|||||812,293|$12,188|
|9.|ANALYSIS OF UNRESTRICTED FUND MOVEMENTS|||2022|2021|
|||||g||
||Balance at 6 April 2021|||4,564,630|4,190,341|
||Income|||480,437|320,771|
||Expenditure|||(407,895)|(382,609)|
||Gains|||219,753|436,127|
||Balance at 5 April 2022|||64,856,925|X4,564,630|
##
##
##
|10.|DISTRIBUTIONS TO CHARITIES|DISTRIBUTIONS TO CHARITIES|2022|2021|
|---|---|---|---|---|
||Discretionary
payments:||||
||United Kingdom
Committee|for UNICEF|20,000|10,000|
||Blue Cross||5,000||
||Greenpeace||10,000|5,000|
||Multiple
Sclerosis Society|||5,000|
||Oxfam||15,000|5,000|
||RNIB|||5,000|
||RSPCA||9,735||
||Red wing Horse Sanctuary||6,700|10,000|
||Save the Children||18,000|5,000|
||The Royal British Legion|||5,000|
||Annual
distribution
to Charities (see page 3)||||
||Distribution ofsurplus:||||
||17payments off.17,000||289,000|306,000|
||||f373,435|6356,000|
|11.|TRUSTEES||||
||||Year ended|Year ended|
|---|---|---|---|---|
||||31.3.2022|31.3.2021|
|J|S|Gold|632,000|632,000|
|J|A|Clemence|64,000|63,800|
##
##
|||||||Purchases|Cost|Profit|||Market||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Holdiogs at6.4.21||Sales (Proceeds)||(loss)|Holdings at 5.4.22||Value|Income|
|||||Nominal|Cost|Nominal||on sale|Nominal|Cost|2022|2022|
|Boads/Fixed
Interest|||||||||||||
|Invesco Fund Managers|||||||||||||
|Perpetual
Corp Bd Shs(OEIC)||||19,622|39,180||||19,622|39,180|40,583|1,131|
|Land Secunties Capital Markets|||pic||||||||||
|5 391Hv Notes 27/02/2026||||26,000|26,000||||26,000|26,000|27,385|1,402|
|M/8 G Corporate Bond Fund|||||||||||||
|Class A (OEIC) units|||||||||||||
|Corp bond I Sterling inc shares||||109,341|38,765||||109,341|38,765|42,643|1,128|
|New City High Yield Fund|Ltd||||||||||||
|Ordmary
NPV||||95,000|49,557|(95,000)|(51,504)|1,947||||2,347|
|UK Government
Treasury|||||||||||||
|I 875/, Index lmked stock|2022|||42,000|66,860|(42,000)|(67,913)|1,053||||1,158|
||||||220,362||(119,417)|3,000||103,945|110,611|7,166|
|Equities|||||||||||||
|Alliance Trust pic|||||||||||||
|2 Sp Ordmary
shares||||11,810|40,388|(2,010)|(20,019)|13,145|9,800|33,514|96,726|1,942|
|Aviva Investors US Equity|||||||||||||
|Income Fund|||||||||||||
|Class
I shares||||43,310|66,588||||43,310|66,588|87,817|1,984|
|Aviva Investors Multi-Strategy|||||||||||||
|Target 2 shares||||42,000|41,184|(42,000)|(32,819)|(8,365)||||857|
|Baillie Gifford UK Ltd|||||||||||||
|25p Ordinary
shares||||27,000|38,636||||27,000|38,636|50,382|653|
|BNY Mellon Fund|||||||||||||
|Income Fund||||||25,202|30,000||25,202|30,000|30,514|257|
|Black Rock Rand|||||||||||||
|Income Fund, D units||||||16,250|30,326||16,250|30,326|29,046|176|
|City ofLondon Investment|Trust pic||||||||||||
|25p Ordinary
shares||||12,000|31,755||||12,000|31,755|50,580|2,304|
|Diverse Income Trust PLC|||||||||||||
|0 ip Ordinary
shares||||||44,000|50,568||44,000|50,568|47,520||
|Dunedin
Enterprise
Investment|||Trust|pic|||||||||
|25p Ordinary
shares||||3,661|7,058|(1,493)|(7,821)|4,943|2,168|4,180|11,111|932|
|Edinburgh
Investment
Trust pic|||||||||||||
|25p Ordinary
shares||||12,600|60,335||||12,600|60,335|80,388|3,610|
|Franklm Templeton|||||||||||||
|Income Fund||||||32,419|35,000||32,419|35,000|38,222||
|Gore Street Energy Storage|Fund||||||||||||
|10p Ordmary
shares||||||40,000|44,665||40,000|44,665|44,920|1,777|
|Henderson
High income Trust||pic|||||||||||
|Sp Ordinary
shares||||20,000|34,007||||20,000|34,007|35,650|1,990|
|JPMorgan Asset Management||Ltd|||||||||||
|Emergmg
Markets Investment||Trust|||||||||||
|25p Ordmary
shares||||79,500|46,717|(31,375)|(40,249)|21,812|48,125|28,280|55,344|1,073|
|JPMorgan Asset Management||Ltd|||||||||||
|US equity mc K Sterlmg mc shares||||74,248|47,223|(17,048)|(25,467)|14,624|57,200|36,380|86,944|1,960|
|Cerned
forward|||||413,891||64,184|46,159||524,234|745,164|19,515|
##
##
|||||Purchases|Cost|Pmfit|||Market||
|---|---|---|---|---|---|---|---|---|---|---|
|||Holdings|at 6.4.21|Sales(Proceeds)||(loss)|Holdings|st 5.4.22|Value|lacome|
|||Nominal|Cost|Nominal||on sale|Nominal|Cost|2022|2022|
|||||||8||8|||
|Brought forward|||413,891||64,184|46,159||524,234|745,164|19,513|
|Keystone Investment|Trust pic||||||||||
|50p Ordinary
shares||3,000|32,576||||3,000|32,576|37,200|1,320|
|Law Debenture
Corp|pic||||||||||
|Sp Ordmary
shares||18,000|72,935|(11,000)|(87,284)|42,713|7,000|28,364|56,490|4,603|
|Lmk Fund Solutions|Ltd||||||||||
|Income Fund||||40,750|56,813||40,750|56,813|54,813||
|Majedie Investment
Trust pic|||||||||||
|10p Ordinary
shares||11,750|29,024||||11,750|29,024|23,383|1,340|
|Mercantile
Investment|Trust pic||||||||||
|2.5p Ordinary
shares||37,000|31,569|(9,750)|(25,261)|16,942|27,250|23,250|59,950|2,479|
|Merchants
Trust pic|||||||||||
|25p Ordinary
shares||6,900|34,894||||6,900|34,894|39,848|1,880|
|Murray
Income Trust|pic||||||||||
|25p Ordinary
shares||5,800|35,565||||5,800|35,565|52,084|1,523|
|Ivlurray
International|Trust pic||||||||||
|25p Ordinary
shares||8,500|59,764||||8,500|59764|108,630|5,111|
|Nmty One Fund Manager|||||||||||
|Diversified
Income shares||18,130|18,032|69,620|70,206||87,750|88,238|84,565|1,897|
|Polar Capital Funds|||||||||||
|Income fund||||4,550|39,378||4,550|39,378|37,492|390|
|Residential
secure income PLC|||||||||||
|10p Ordinary
shares||33,500|32,220||||33,500|32,220|37,185|1,702|
|Ruifer Investment
Company|||||||||||
|Red Ptg Pref0 ip shares||4,390|10,285||||4,390|10,285|13,543|134|
|Samarang
Asset Management|||||||||||
|Halley Sivac Asian Prosperity|||||||||||
|A Inc Shares||200|38,256||||200|38,256|53,790|2,306|
|Scottish Amencan
Investment|||||||||||
|Company
pic|||||||||||
|25p Ordinary
shares||11,500|24,925||||11,500|24,925|58,305|1,415|
|T Bailey Fund Services|||||||||||
|Evenlode Income C units||16,500|35,607||||16,500|35,607|40,178|1,012|
|Tiventy four income fund|||||||||||
|Ip Ordmary
shares||||21,959|24,999||21,959|24,999|24,045|329|
|Wigan Investment
Trust pic|||||||||||
|25p Ordinary
shares||55,000|44,280|(18,500)|(44,844)|29,949|36,500|29,385|83,038|2,296|
||||913,823||98,191|135,763||1,147,777|1,609,703|49,252|
|Grand Totals|||61,134,185||(521,226)|5138,763||51,251,722|51,720,314|556,418|