| Bsdlngfield'e | Trust |
|---|---|
| Accounts for | the year ended 30September 2020 |
| Index |
| 1-6 | Trustee's Annual Report |
Trustee's Annual Report |
||
|---|---|---|---|---|
| 6 | Independent Examiner's |
Report | ||
| 7 | Statement of Financial |
Activities | ||
| 8 | Balance Sheet | |||
| 0 - 14 | Notes to the Accounts | (including | Accounting | Poli |
| Trustees' Annual |
Report | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reference and | Administration | details | |||||||||
| Registered No: |
1075413 | ||||||||||
| Principal Office; |
C/o Rathbone Investment Management, |
Po | of Liverpool | Building, | |||||||
| Pier Head, Liverpool L3 1NW |
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| Trustees who | Francis Roger Shacklston | ||||||||||
| served during |
the | Olwen Mair Whitty (nee Mihangel) |
|||||||||
| year: | Robert Wallace Harn QC James Francis Stewart Presce |
||||||||||
| Andrew Timothy Morris |
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| Solicitors 0 | Addleshaw Goddard, 3Sovereign |
Square, | overeign | Street | |||||||
| Administrators: | Leeds LS14ER | ||||||||||
| Accountancy: | Rathbone Trust Company Limited, |
Port of | iverpool | Building, | |||||||
| Pier Head, Liverpool L3 1NW | |||||||||||
| Independent | Examiner; | Kerry Clayton, clo Port of Liverpool | Buildin | , Pier Head, Liverpool, | |||||||
| L3 1NW | |||||||||||
| Bankers tt | Rathbone investment Management |
Limits | , Port of | Liverpool | Building, | ||||||
| Investment Managers |
Pier Head, Liverpool L3 1NW | ||||||||||
| Plans for ths | future | ||||||||||
| The Trustees received each |
are satisfied that their current policies, induding ir objectives and year, are sufficient to meet the |
to do |
donate t s majority ofnst income not expect these to be amended |
in the | |||||||
| foreseeable | future, |
| Statement offinancial activities | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| Total | Total | |
| 2020 | 2019 | |
| 8 | 6 | |
| Notes | ||
| Income from: | ||
| Investments | 125,388 | 150,263 |
| Total Income | 126,366 | 160,263 |
| Expenditure on: |
||
| Raising funds Charitable activities |
15,112 159,405 |
15,693 151,130 |
| Total Expenditure | 1741617 | 166,823 |
| Net gains I(losses) on investments | (473,740) | 100,714 |
| Nst movement in I'unds |
(522,891) | 84,174 |
| Reconciliation offunds | ||
| Balance brought forward at 1 October 2019 | 4,106,031 | 4,023,858 |
| Balance carried forward at 30September 2020 | 3,586,140 | 4,1081031 |
| The notes on pages 9to 14form part ofthese accounts. |
| Bsdingfield's | Trust | |||
|---|---|---|---|---|
| Accounts for | the year ended 30 September 2020 | |||
| Balance Sheet at 3DSeptember 2020 | Unre | trlcted | Unrestricted | |
| Funds | Funds | |||
| Total | Total | |||
| 2D20 | 2019 | |||
| 8 | 2 | |||
| Notes | ||||
| Fixed Assets | ||||
| Investments at Market Value |
3 | 189 ,450, |
3,933,868 | |
| 8 | 'l8 0 119 | 3,933,668 | ||
| Current Assets | ||||
| Cash at bank | and on deposit | 139,331 | 180,911 | |
| Total Current | Assets | 139,331 | 180,911 | |
| Liabilities | ||||
| Creditors: amounts falling due within one year |
4,380 | 8,548 | ||
| ftet Current Assets l (Liabilities) | 134,951 | 124,363 | ||
| Total Net Assets at 30 September 2020 | ,588,'l40 | 4,108,031 | ||
| Funds ofthe Charity | ||||
| Total Unrestricted Funds |
,685,140 | 4,109,031 | ||
| Funds at 30 | September 2020 | ,585,140 | 4,108,031 | |
| Approved by |
lhe Doard ofTrustees snd signed on its behalf by: | |||
| /o ~ Hc ~a ~~ r. | ||||
| ,Fiancls :,rugfsi, |
ogsr Shacklston | Date | ||
| The notes on pages 9 to 14 form part ofthese accounts. | ||||
| Page B |
| 3 | investment income |
020 6 |
2019 2 |
||||
|---|---|---|---|---|---|---|---|
| Fixed Interest UK Equities Unit Trust Income Unit Trust interest REIT Overseas Excess Repottable Income Non reclaimable tax deducted at source Bank Interest |
88190 63,957 16r462 2,293 5(954 31&404 329 (3,)66) 333 |
190 87,882 16,540 2,283 8,944 33,883 0 (5,898) 399 |
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| 12 366 | 480 888 | ||||||
| 4 | Raising funds | 020 6 |
2019 | ||||
| Investment Management |
fees | 112 | 15,693 | ||||
| 5 | Charitable activities |
2020 2 |
2019 5 |
||||
| Grant making: Donations made - Gray's Governance costs (note |
Inn 6) |
'I60,000 9,405 |
f45,000 8,'/80 |
||||
| 15 ,405 | 151,130 | ||||||
| Ths Trustees made a grant | to Gray's | Inn to be applied towards scholarships nd continuing |
education | by the Inn. | |||
| 6 | Governance costs |
2020 | 2019 6 |
||||
| Accountancy and Taxation Independent Examination Solicitors fees |
fees fees |
) 600 ~4M |
3,780 800 1,750 8 480 |
| 8 | Investments | Vs/ue ei Purchases |
Vs/ue ei Purchases |
Vs/ue ei Purchases |
Sales | Realised | Unrealised | Value at | |
|---|---|---|---|---|---|---|---|---|---|
| 30/09/2019 | at cost | proceeds | Gains/(losses) | Gains/(losses) | 30/09/2020 | ||||
| 5 | 2 | 8 | E | 8 | |||||
| L/sted: Fixed Interest, |
75,435 | 0 | 0 | 0 | 1,873 | 77,308 | |||
| Investment Trusts & Property Funds Overseas UK Equities Commodities |
854,517 1,254,379 1,829,948 119,391 |
1,252 727,822 7,840 0 |
176,175 534,006 38,471 0 |
(4,096) (61,927) (16,978) 0 |
2,507 (77,821) (344,327) 27,030 |
678,004 1,308,447 1,240,009 148,421 |
|||
| 3933,668 | 736,913 | 746,652 | 83001 | 390,739 | 3450,189 | ||||
| Unllever represents 8.2%(5.8% 2019)and | JP Morgan Asset Managers | (UK) represents 6.6%(6.3%0 | 2019)ofthe | ||||||
| charity's total investments | held ss at 30 September 2020. | ||||||||
| 9 | Cash st Bank and on Deposit | 2020 | 2019 | ||||||
| 2 | |||||||||
| Rathbone Investment Management |
139,331 | '180911 | |||||||
| 10 | Current liabilities | 2020 F |
2019 8 |
||||||
| Creditors; Amounts felling due within one year: Addleshaw Goddard |
0 | 958 | |||||||
| Rathbone Trust'Co Ltd fees |
3,780 | 3,780 | |||||||
| Independent Examination independent Examination |
fees fees - Prior Years |
600 0 |
800 1,200 |
||||||
| 4 380 | 8 548 | ||||||||
| 11 | Financial Instruments | 2020 | 2019 | ||||||
| 8 | |||||||||
| Carrying amount offinancial assets |
|||||||||
| Debt instruments receivable within one year -Cash |
139331 | 180,911 | |||||||
| Carrying amount offinancial liabilities |
|||||||||
| Payable within one year - Creditors |
4 3811 | 6548 | |||||||
| Instruments measured |
atfair value through | SOFA | |||||||
| Investments at value |
3450 189 | 9,833668 |