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|||Page|
|---|---|---|
|Annual<br>Report||1-2|
|Independent<br>Examiner's|Report||
|Receipts and Payments|Account||
|Statement ofAssets and|Liabilities||
|Notes to the Accounts||6-8|





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|ers<br>and agents are:—|ers<br>and agents are:—|||
|---|---|---|---|
|General Secretary and Administrator||Mr S M Fleming||
|Bankers||Lloyds Bank Plc||
|Investment|Managers|Rathbones<br>Investment|Management|
|Independent|Examiner|Mr P Venter FCA CA|(SA)|





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||||Notes||2021||2020|
|---|---|---|---|---|---|---|---|
||||||f.||f.|
|Receipts||||||||
|Grant from Daisy Bank Playing|||Field||50,000|||
|Investment<br>income||||||||
|Dividends<br>and|interest from investments|||9,042||7,356||
|Interest on bank deposits||||34|9,076|47|7,403|
|Sub total|||||59,076||7,403|
|Investment|sales||||77,026||152,137|
|Movement<br>in|equity||||||70|
|Sub total|||||77,026||152,207|
|Total receipts|||||136,102||159,610|
|Payments||||||||
|Grants paid|||||82,750|||
|Administration|costs|||||||
|Investment<br>management||charges||3,686||3,504||
|Independent<br>examiner's||fee||960||900||
|Sundries||||||90||
|Room rent|||||4,646|100|4,594|
|Sub total|||||87,396||4,594|
|Investments|purchased||||76,008||194,383|
|Total payments|||||163,404||198,977|
|Net payments|for the year||||(27,302)||(39,367)|
|Paid from investment<br>capital account|||||2,668||44,784|
|Bank balances|at start ofyear||||52,380||46,963|
|Bank balances|at end of|year|||27,746||52,380|





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|Monetary|Assets|Assets|Assets||Note|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2021||2020|
||||||||f.||f.|
|Bank balances||||||||||
|Current<br>and||Investment||Accounts|||26,245||50,879|
|Capital Account|||(Initial|Investment|Fund)||1,501||1,501|
||||||||27,746||52,380|
|Investments||||||2021||2020||
|||||||Cost|Market|Cost|Market|
||||||||Value||Value|
||||||||f.||f.|
|Investments||||||379,187|463,693|375,989|436,475|
|Liabilities|||||||2021||2020|
||||||||f.||f.|
|Accountancy||fees|||||1,020||960|
|Uncleared|grants||paid||||8,764||0|
||||||||9,784||960|





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|Note||||||||2021||2020|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|1|||||||||Market||Market|
|||||||||Cost|Value|Cost|Value|
||Securities|||||||||||
||Ishares Plc|||||||11,540|21,185|11,540|20,355|
||Aberdeen<br>Standard||Fund Mgrs|||||||16,075|17,680|
||Aberdeen<br>Standard||Fund Mgrs Ov|||erseas||7,616|8,968|16,379|18,699|
||Aberdeen<br>Standard||Fund Mgrs Hig||||her|16,781|16,509|16,781|17,334|
||Artemis<br>Fund Mgrs|||||||16,819|17,940|16,819|18,429|
||Twentyfour<br>Global||Funds|||||19,745|19,504|8,413|8,790|
||Muzinich<br>Funds|||||||7,017|7,001|4,013|4,332|
||Rightmove<br>PLC|||||||8,447|11,488|||
||Royal Dutch Shell|||||||6,997|12,006|6,997|9,320|
||B H P Billiton|||||||4,354|11,877|4,354|10,395|
||Babcock Int Group|||||||3,818|2,065|3,818|1,814|
||Experian PLC|||||||6,665|10,714|6,665|8,192|
||Diageo PLC|||||||7,797|12,512|7,797|8,922|
||Unilever PLC|||||||5,269|7,496|5,269|8,345|
||Reckitt Benckiser|||||||2,498|6,976|2,498|7,196|
||Smith 8 Nephew|PLC||||||4,087|4,876|4,087|5,693|
||Glaxosmithkline|||||||4,226|6,426|4,226|5,368|
||Tesco PLC|||||||||7,907|8,273|
||Compass<br>Group|PLC||||||7,813|9,213|7,813|7,606|
||Vodafone Group|||||||||10,804|8,387|
||Lloyds Banking|||||||6,843|2,592|6,843|1,976|
||London Stock Exchange||||Group PLC|||6,144|5,128|6,144|6,666|
||Accenture<br>PLC|||||||6,999|12,243|6,999|7,644|
||Alphabet<br>Inc|||||||7,735|17,111|7,735|10,257|
||AT 8 T lnc|||||||||7,898|6,838|
||Brown Advisory|Funds||||||||3,874|11,743|
||Coca-Cola Co|||||||7,978|9,617|7,978|8,826|
||Fidelity National|Information||||||6,183|4,835|6,183|6,209|
||Microsoft Corp|||||||7,258|14,650|7,258|9,600|
||Pfizer Inc|||||||||7,791|7,271|
||Qualcomm<br>Inc|||||||8,191|11,611|8,191|9,584|
||Viatris Inc|||||||425|330|425|452|
||Visa Inc|||||||8,104|9,280|8,104|9,281|
||Infineon Technologies|||AG||||8,747|9,728|||
||Umicore|||||||8,282|6,904|8,282|8,089|
||J P Morgan Asset||Mgrs|||||3,509|3,778|||
||JP Morgan Japanese|||lnv|Trust|||11,198|16,725|11,198|18,385|
||Schroder Japan|Growth|||Fund|||4,615|5,425|4,615|5,257|
||JP Morgan<br>Emerg||Mkts lnv Trust|||||8,837|8,435|||
||First Trust|||||||12,874|14,450|||
||Ishares PLC|||||||16,676|23,157|16,676|23,830|
||Janus Henderson||Global||Investors|||14,459|15,138|14,459|14,526|
||Link Fund Solutions|||||||15,724|16,583|||
||M 8 G Investment||Mgmt|||||16,443|17,063|16,441|17,986|
||Personal Asset Trust|||PLC||||13,380|15,060|16,948|17,233|
||Cash|||||||37,094|37,094|39,692|39,692|
|||||||||379,187|463,693|375,989|436,475|





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|Movements<br>in Invest|ments<br>(at cost)|||||
|---|---|---|---|---|---|
||||2021||2020|
|Cost at start ofyear|||375,989||372,841|
|Additions<br>during year|||76,008||194,383|
|Adjustment<br>on original|list|||||
||||451,997||567,224|
|Sales during year||77,026||152,137||
|Costs deducted<br>from|cash held|3,686||(2,609)||
|(Loss)/profit<br>on sales||(6,884)||(1,547)||
|Profit/(loss)<br>on non market transactions||0|(73,828)|1,008|(148,989)|
|Purchases<br>from cash|held||(76,008)||(194,383)|
|Additions<br>from cash held|||77,026||152,137|
|Cost at end ofyear|||379,187||375,989|





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|3|Grant Payments|Grant Payments||2021|2020|
|---|---|---|---|---|---|
||Bradford|Talking|Telegraph|750||
||Baildon Methodist||Church|3,500||
||Bradford|Christian|School|3,500||
||Bingley Little Theatre|||20,000||
||Bingley Amateur||Operatic Society|30,000||
||Dockroyd|Graveyard<br>Trust||11,000||
||Red Letter Project|||2,000||
||Fountains|Church|Grace Box|5,000||
||Bradford|Cathedral||7,000||
|||||82,750||
||Donations|agreed|to be paid|||
||Bradford|Christian|School|3,764||
||Emmaus|Bradford||5,000||
|||||8,764||