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2022-03-31-accounts

£348.66
£1759.04		 £1 13779.54 £418.20 £418.20 £ 13038.33 £ 13038.33 £0.00 £4685.77 £ 15.286.65 £ 15.286.65 £15923.84 £15923.84 £9,249.88 £9,249.88 £10.245.03 £10.245.03 £1 2 058.32 £1 2 058.32 £11696.00 £11696.00 £8500.00 £8500.00 £6492.25 £6492.25 £3877.52 £3877.52 £3877.52 £389.25 £ 1 875.90 £ 1 875.90 £ 1 875.90 £42.60 ?O?nnn~1 r--- --·
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CWTenl Account
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Business Reserve Account		 11Jr,;;;Ullr.lcn...,
,......,,...<:,,.1-,""1Truot ..		 1h v a t:ltdM
711-n		 Balance oaIncome aad EllpendltureAccount In/DecreaseInnerlod EdenInvestment
Amitv Balanced Fund		 Charifund Charibond F.nuitv(wasBalancedGrowth)Fund
M&GSecurities:		 Fixedlnterest(wasFixedlncome)F1md IMF CharitiesAidFoundation/"CAF"): Charinco nowBLKCharitiesUKBondFIU!d A Charishare Distribution UnitsnowBLKCharities UK Eauitv Fun, BlackRock COIF Charities Del!QsitFund JohnPreston Trusts: COIF COIF
Urswick Grammar School Trusts: COIF		 Rathbone
Active Income andGrowthFund		 I«.-,-.,,.;,;_ hal,l_f'<r,._Nnt- 4&5) Business Reserve Account ,.__D,. _ Tmst•(See_nnt.-.IR,?|Business Reserve Account CWTentAccolU!t ITT.-.unrl,r-•mmar'<rh;,,..i -Trusts_('<r,._nnt- I &2) n-• - •-"R
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£
13038.33
£373.65
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-£ 102543.67
£548.74t-- -1-==- !
£1 14,701.93
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---		 £3,541.28
£1 8 827.93
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£1,266.19
£5951.96
j		 £42.66
-- £15966.50
---		 £0.00 £2,989.10
£12238.98		 £464.98
£10710.0 1		 -£276.91
£11 781.41
£0.00		 £2,868.17
£14564.17		 £0.00 £0.00 £0.00
£8500.00		 £0.00 £1,34-1.59
£7833.84		 £801.27
£4678.79		 £0.00
£0.00		 --- - £618.25 _ll.759.04-- - - £348.66 ---
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£423.87
Charishare
now BLK Charities UK Enuitv Fund A Inc
------
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£220.()1 .
--
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£472.01
Charinco
now BLK Charities UK Bond Fund A Inc
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£11l_8.80
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I		 I - £10.08
944660001C
COIF Charities De~sit Fund
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£0.67		 £228.82
John Preston Trusts:COIF
----
-
·---- - -·
£233.40
Rathbones Active Income and Growth Fund
--
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£537.89
£136.66
39143000112T
Urswick Grwnmar School Trusts:COIF
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£104. 12--
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.		 --
----		 ffJ.18
Business Reserve Account
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£0.11
ro.95
£1.53
IFrnmC'~••..:.;_		 ro.11
Business Reserve Account
£1.42
1-~-D-----.,.,;_
-		 Current Account
Nil		 IRonvln1-.-..
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£113,779.54
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£114,701.93
ro.oobalancecheck
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£107,457.84
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£5 951.96
Eden Tree Investments /New)
Amitv Balanced Fund
5338.08 new sharesr.,.,m 2212117fcost£60001
£6,101.43
.,1.5·
£0.00		 ----
£ 12 ?38.98
Eauitv /was Balanced Growth) Fund
ll491. 7 le,s3517.91 sharessold8112116- 7973. 79
£13,344.15.,..-u,
£0.00
£15966.50
'IIJi, f"!c,- - - - -••
Charibond_.88~lus3120.37newsharesfrom 2312117(£!!!! £4000)-12926.2~
£15,894.12·'., .-{I
£0.00
-
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£18 827.93
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Charifund
1278.72
£20,117.64
-£18·
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RathboneActive Incomeand Growth Fund Inc
rCost£104000) 68960.95 x150.81
~- £102,?f!
£ IQ2, 9l7.J1 _ _
£4678.79
UGS COIF: Income Shares
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£5,199.51
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£7 833.84
JP COIF: Income Shares
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£8500.00
COIF Charities"-sit Fund
£8,500.00
£LQQ'-
£14 564.17
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3070.5 less881.06sharessold 25/ll/16- 2189.44
£15,505.63
.,£1_.4' *
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£11781.41
Rood Fund A /Charinco1
_6293.48
£11,888.40
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£10710.01
Inn,~•r-
Fixed Interest/wasFixed Income) Fund
10700.37--£10,906.90
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£0.00		 £618.25
BusincssRescrveAccount
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-		 -£2,920.00
£
2,920.00
109.200.00I
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JoshuaThQ.~
£
430.00
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IlHWFmanc1al Services_(5_yearlymvestm~tre_yieW_l
£
_ Rath.boneUnitTrust -_inj_tj~_i!!_vestment
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500.00
£
1 500.00
£
104,000.00
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Millie Ritchie
£
600.00
Grace Smith
£
500.00		 OliverRushton
£
430.00
Isobel Smith
£
150.00		 ElliotRushton
£
430.00
EleanorBooth_
£
900.00		 Lewis Sullivan
£
430.00
VictoriaLon2staff_
£
900.00		 MiaSullivan
£
600.00
Meohan Stubbs
£
750.00		 ( r.1"Ant'lm.§_df"
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lon01nmo
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J"otalReceipts
£109,7-t8.74		 £50,Q()
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J-!,,t.V!'stBank-complaintcompensation
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£107,457.841
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EdqiTree_ll!vc;stments
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£H5!!,8§		 IMRrr.~11ritif"c;:
£387.7811
ICharibond
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£824.77
Charifund
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£161.~~t---- r=-·-
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£505.Q2)·---
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UrswickGrammarSchoolandJohnPrstonT sts		 e
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UrswickGrammarSchoolandJohnPrstonT sts		 I
NotestotheAccountsY/e31/3/2022 J
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Note
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I		 1: ReiatjonshipbetweentheJohnPrestonandurswjckGrammarSchoolTrusts
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a) ThereareseparateSchemesfortheJohnPrestonandUrswickGrammar
I SchoolTrusts,separatebankaccountsandCOIFFunds.I l
TheUrswickGrammarSchoolTrustsincludethePrestonEducational
Foundation,formerlypartoftheJohnPrestonEndowment.I
I Bothofthesearereferredtotogetheras"UrswickGrammarSchoolTrusts".
TheremainingpartofJohnPrestonisstillaseparatetrust.I
7
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b) TheTrusteesforUrswickGrammarSchoolTrustsandJohnPrestonTrusts
arethesamebuttheobjectsdiffer.I
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TheUrswickGrammarSchoolTrustshaveeducationalobjectswhilethe
JohnPrestonTrusthasobjectsforthereliefofpoverty.
I
\NhenthePrestonEducationalTrustswereincorporatedinUrswick
l GrammarSchoolTrusts,therewasnoseparateendowmentforthose trusts
! andnodivisionortransferofassetstookplace.
I		 !
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1
I
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le) ,Byvirtueofaschemeof13thJanuary1905relatingtotheJohnPreston
1TrustsandthePrestonEducationalFoundation,theTrusteeshadan 1
I absolutediscretionastotheapplicationofincomebetweentheir I
I differingobjects,theendowmentforeachbeingtakenasthatproducing
theincomeappliedtoaparticularobject.Apportionmentofthe i I
endowmentswasnotnecessaryandnevertookplace.
I		 _I
Forthosereasonstheaccountsofthetwocharitiesaredrawntogether.
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d)
 Applicantsmayqualifyunderbothoreither.I
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Onlyonegrantsincetheamendedschemeof1stJuly1998~ s_J_~~_
'undertheJohnPrestonTrusts.
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~ade
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Note2
:
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:::-		 1Thereareonly2itemsonthebalancesheetwhichareassetsoftheJohn
IPrestonTrusts:
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1TheBusinessReserveAccountunderthatheading,and
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--
!
a)
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-- -7
b)
I
COIFFundunder_thesameheading.
1_____1__
10rari,made2011-id
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----
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: .
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-· --=--=-=		 '
· 6applicationsforgrantsfromtheUrsw~ck-GrammarSchoo!,!i:ustw~:_n:iade __ _ _
--- !Totalawardsfortheyear:£2800I
,......
------
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,investmentPerformanceandReview
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Note 4 Theinvestmentpolicyistomaximiseincomewhileinrealtermsnotd1m1n1sh1ng_
- -~--'--'-,--
--,-
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capital.
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Someinvestmentshaveperformedbetterandsomeworse,butoveralltherewas
(S~ecol:
nsinRedin
Accounts)j
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