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|RegisteredNo:|1075413|
|---|---|
|PrincipalAddress:|C/oRathboneInvestmentManagement,PortofLiverpoolBuilding,|
||PierHead,LiverpoolL31NW|



|Trusteeswho|FrancisRogerShackleton|
|---|---|
|servedduringthe|OlwenMairWhitty(neeMihangel)|
|year:|RobertWallaceHamQC|
||JamesFrancisStewartPreece|
||AndrewTimothyMorris|
|Solicitors&|AddleshawGoddard,3SovereignSquare,SovereignStreet|
|Administrators:|LeedsLS14ER|
|Accountancy:|RathboneTrustCompanyLimited,PortofLiverpoolBuilding,|
||PierHead,LiverpoolL31NW|
|IndependentExaminer:|KerryClayton,c/oPortofLiverpoolBuilding,PierHead,Liverpool,|
||L31NW|
|Bankers&|RathboneInvestmentManagementLimited,PortofLiverpoolBuilding,|
|InvestmentManagers|PierHead,LiverpoolL31NW|



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|Statementoffinancialactivities||||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||Funds|Funds|
|||Total|Total|
|||2021|2020|
|||£|£|
||Notes|||
|Incomefrom:||||
|Investments|4|127,423|125,366|
|TotalIncome||127,423|125,366|
|Expenditureon:||||
|Raisingfunds|5|15,076|15,112|
|Charitableactivities|6|139,672|159,405|
|TotalExpenditure||154,748|174,517|
|Netgains/(losses)oninvestments|9|431,613|(473,740)|
|Netmovementinfunds||404,289|(522,891)|
|Reconciliationoffunds||||
|Balancebroughtforwardat1October2020||3,585,140|4,108,031|
|Balancecarriedforwardat30September|2021|3,989,429|3,585,140|





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|Accountsfortheyearended30September2021|Accountsfortheyearended30September2021|||
|---|---|---|---|
|BalanceSheetat30September2021||||
|||Unrestricted|Unrestricted|
|||Funds|Funds|
|||Total|Total|
|||2021|2020|
|||£|£|
||Notes|||
|FixedAssets||||
|InvestmentsatMarketValue|9|3,849,163|3,450,189|
|||3,849,163|3,450,189|
|CurrentAssets||||
|Debtor|10|2,932|0|
|Cashatbankandondeposit|11|178,202|139,331|
|TotalCurrentAssets||181,134|139,331|
|Liabilities||||
|Creditors:amountsfallingduewithin||||
|oneyear|12|40,868|4,380|
|NetCurrentAssets/(Liabilities)||140,266|134,951|
|TotalNetAssetsat30September2021||3,989,429|3,585,140|
|FundsoftheCharity||||
|TotalUnrestrictedFunds||3,989,429|3,585,140|
|Fundsat30September2021||3,989,429|3,585,140|
|ApprovedbytheBoardofTrusteesandsignedonitsbehalfby:||||
|||Date||
|Trustee||||
|Thenotesonpages9to14formpartoftheseaccounts.||||





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|4|Investmentincome|2021|2020|
|---|---|---|---|
|||£|£|
||FixedInterest|0|8,190|
||UKEquities|73,795|63,957|
||UnitTrustIncome|14,953|16,462|
||UnitTrustInterest|3,854|2,293|
||REIT|5,863|5,964|
||Overseas|31,190|31,404|
||ExcessReportableIncome|0|329|
||Nonreclaimabletaxdeductedatsource|(2,232)|(3,566)|
||BankInterest|0|333|
|||127,423|125,366|





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|5|Raisingfunds|2021|2020|
|---|---|---|---|
|||£|£|
||InvestmentManagementfees|15,076|15,112|
|6|Charitableactivities|2021|2020|
|||£|£|
||Grantmaking:|||
||Donationsmade-Gray'sInn|130,000|150,000|
||Governancecosts(note7)|9,672|9,405|



|7|Governancecosts|2021|2020|
|---|---|---|---|
|||£|£|
||AccountancyandTaxationfees|3,840|3,780|
||IndependentExaminationfees|630|600|
||Solicitorsfees|5,202|5,025|



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|9|Investments|Valueat|Purchases|Sales|Realised|Unrealised|Valueat|
|---|---|---|---|---|---|---|---|
|||30/09/2020|atcost|proceeds|Gains/(losses)|Gains/(losses)|30/09/2021|
|||£|£|£|£|£|£|
||Listed:|||||||
||FixedInterest|77,308|128,722|0|0|(903)|205,127|
||Investment Trusts&|||||||
||PropertyFunds|678,004|57,563|328,391|11,569|40,084|458,829|
||Overseas|1,308,447|542,357|347,748|(3,740)|159,083|1,658,400|
||UKEquities|1,240,009|0|49,134|15,572|226,213|1,432,660|
||Commodities|146,421|0|36,009|(4,185)|(12,080)|94,147|
|||3,450,189|728,642|761,282|19,216|412,398|3,849,163|





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|10|Debtor|2021|2020|
|---|---|---|---|
|||£|£|
||Investmentincomereceivable|2,932|0|
|||2,932|0|
|11|CashatBankandonDeposit|2021|2020|
|||£|£|
||RathboneInvestmentManagement|178,202|139,331|
|||178,202|139,331|
|12|Currentliabilities|2021|2020|
||Creditors:Amountsfallingduewithinoneyear:|£|£|
||AddleshawGoddard|0|0|
||Investmentacquisition|36,398|0|
||RathboneTrustCoLtd|3,840|3,780|
||IndependentExaminer|630|600|
|||40,868|4,380|
|13|FinancialInstruments|2021|2020|
|||£|£|
||Carryingamountoffinancialassets|||
||Debtinstrumentsreceivablewithinoneyear|||
||-Debtor|2,932|0|
||-Cash|178,202|139,331|
|||178,202|139,331|
||Carryingamountoffinancialliabilities|||
||Payablewithinoneyear|||
||-Creditors|'40,868|4,380|
||InstrumentsmeasuredatfairvaluethroughSOFA|||
||Investmentsatvalue|3,849,163|3,450,189|



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|Feespaidforprofessionalservicesrenderedduringtheperi|odto30September2021:||
|---|---|---|
||Unrestricted|Unrestricted|
||Funds|<br>Funds|
||2021|<br>2020|
||£|£|
|Investmentmanagementfees|15,076|<br>15,112|
||15,076|<br>15,112|