| Page | |
|---|---|
| 1-4 | Trustees'AnnualReport |
| 5 | IndependentExaminer'sReport |
| 6 | StatementofFinancialActivities |
| 7 | BalanceSheet |
| 8-15 | NotestotheAccounts |
| PrincipalAddress: | C/oRathboneTrustCoLtd,PortofLiverpoolBuilding,PierHead, |
|---|---|
| Liverpool,L31NW | |
| Trusteeswhoserved | MissLesleyMargaretScoular |
| duringtheyear: | RathboneTrustCompanyLimited |
| RichardPatrickLanyon |
| LindaJoyceCousins | TimothyFrancisSmith | |
|---|---|---|
| RobertPaulStockton | StephenBilbao | |
| AlexanderRichmond | JamesStephenHurrell | |
| BruceRobertNewbigging | KarenToth | |
| Bankersand | RathboneInvestmentManagement | |
| InvestmentManagers: | PortofLiverpoolBuilding,PierHead, | Liverpool,L31NW |
| Accountancy: | RathboneTrustCompanyLimited | |
| PortofLiverpoolBuilding,PierHead, | Liverpool,L31NW | |
| IndependentExaminer: | SarahSpencely,LimeTreeCottage, | OutlandsLane, |
| Curdridge,Southampton,SO302HD |
| Total | Total | ||||
|---|---|---|---|---|---|
| Expendable | Unrestricted | Funds | Funds | ||
| Endowment | Funds | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Notes | |||||
| Incomeandendowmentsfrom | |||||
| Donationsandlegacies | 3 | 0 | 0 | 0 | 210,863 |
| Investments | 4 | 2,283 | 35,485 | 37,768 | 33,710 |
| Total | 2,283 | 35,485 | 37,768 | 244,573 | |
| Expenditure | |||||
| Raisingfunds | 5 | 7,567 | 0 | 7,567 | 6,719 |
| Charitableactivities | 6 | 0 | 48,450 | 48,450 | 33,380 |
| TotalExpenditure | 7,567 | 48,450 | 56,017 | 40,099 | |
| NetGains/(Losses)oninvestments | 9 | 278,815 | 0 | 278,815 | (86,430) |
| NetmovementinFunds | 273,531 | (12,965) | 260,566 | 118,044 | |
| TotalFundsasat1stNovember2020 | 1,352,248 | 77,629 | 1,429,877 | 1,311,833 | |
| TotalFundsasat31stOctober2021 | 1,625,779 | 64,664 | 1,690,443 | 1,429,877 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Expendable | Unrestricted | Funds | Funds | |||
| Endowment | Funds | 2021 | 2020 | |||
| £ | £ | £ | £ | |||
| Notes | ||||||
| FixedAssets | ||||||
| Investments | 9 | 1,557,963 | 0 | 1,557,963 | 1,279, | 746 |
| TotalFixedAssets | 1,557,963 | 0 | 1,557,963 | 1,279, | 746 | |
| CurrentAssets | ||||||
| Debtors | 10 | 0 | 292 | 292 | 278 | |
| CashatBank | 11 | 67,816 | 69,012 | 136,828 | 152,528 | |
| TotalCurrentAssets | 67,816 | 69,304 | 137,120 | 152,806 | ||
| Liabilities | ||||||
| Creditors | ||||||
| Amountsfallingduewithinoneyear | 12 | 0 | 4,640 | 4,640 | 2,675 | |
| NetCurrentAssets | 67,816 | 64,664 | 132,480 | 150,131 | ||
| TotalNetAssetsasat31stOctober2021 | 1,625,779 | 64,664 | 1,690,443 | 1,429,877 | ||
| Representedby: | ||||||
| TotalCharityFundsat1stNovember2020 | 1,352,248 | 77,629 | 1,429,877 | 1,311, | 833 | |
| MovementinFunds | 273,531 | (12,965) | 260,566 | 118,044 | ||
| TotalFundsasat31stOctober2021 | 1,625,779 | 64,664 | 1,690,443 | 1,429,877 |
| 3 | Donationsandlegacies | 2021 | 2020 |
|---|---|---|---|
| £ | £ | ||
| Investmentsatvalue | 0 | 111,112 | |
| Cash | 0 | 99,751 | |
| 0 | 210,863 | ||
| 4 | Investmentincome | 2021 | 2020 |
| £ | £ | ||
| Overseas | 7,455 | 7,479 | |
| GiltInterest | 114 | 79 | |
| UKEquities | 15,242 | 14,554 | |
| UnitTrust | 10,193 | 8,934 | |
| PropertyIncome | 2,480 | 2,500 | |
| ExcessReportableIncome | 2,283 | 4 | |
| BankInterest | 0 | 160 | |
| 37,768 | 33,710 | ||
| 5 | Raisingfunds | 2021 | 2020 |
| £ | £ | ||
| RathboneInvestmentManagementfees | 7,567 | 6,719 | |
| 7,567 | 6.719 |
| 6 | Charitableactivities | 2021 | 2020 |
|---|---|---|---|
| Grantmaking: | £ | £ | |
| Grantsmade(note7) | 45,000 | 30,000 | |
| Governancecosts(note8) | 3,450 | 3,380 | |
| 48,450 | 33,380 | ||
| 7 | Grantsmade | 2021 | 2020 |
| ToInstitutions: | £ | £ | |
| Afghanaid | 3,000 | 0 | |
| Barnardo's | 0 | 5,000 | |
| BethanyChristianTrust | 0 | 5,000 | |
| BritishRedCross | 15,000 | 5,000 | |
| LindaNogroveFoundation | 3,000 | 0 | |
| MercyCorps | 3,000 | 5,000 | |
| NationalTrustforScotland | 2,000 | 0 | |
| PDSA | 2,000 | 5,000 | |
| PracticalAction | 2,000 | 0 | |
| REDRUK | 0 | 5,000 | |
| RNLI | 3,000 | 0 | |
| RoyalBritishLegion | 3,000 | 0 | |
| SalvationArmy | 3,000 | 0 | |
| Sightsavers | 3,000 | 0 | |
| SSPCA | 3,000 | 0 | |
| 45,000 | 30,000 | ||
| 8 | Governancecosts | 2021 | 2020 |
| £ | £ | ||
| RathbonesAccountancyfee | 2,040 | 2,000 | |
| RathbonesAdministrationfee | 780 | 780 | |
| IndependentExaminationfee | 630 | 600 | |
| 3,450 | 3,380 |
| 9 | Investments | Valueat | Purchases | Sales | Realised | Unrealised | Valueat |
|---|---|---|---|---|---|---|---|
| 31/10/20 | atcost | proceeds | Gain/Loss | Gain/Loss | 31/10/21 | ||
| Listedinvestments | £ | £ | £ | £ | £ | £ | |
| Overseas | 480,063 | 84,945 | 81,748 | 17,005 | 112,650 | 612,915 | |
| UKFixedInt&Bonds | 149,030 | 0 | 0 | 0 | 1,168 | 150,198 | |
| Equity&InvIncome | 607,853 | 39,662 | 43,456 | 999 | 124,192 | 729,250 | |
| PropertyIncome | 42,800 | 0 | 0 | 0 | 22,800 | 65,600 | |
| 1,279,746 | 124,607 | 125,204 | 18,004 | 260,810 | 1,557,963 | ||
| 10 | Debtors | 2021 | 2020 | ||||
| £ | £ | ||||||
| HMRevenue&Customs-incometaxrepayment | due | 62 | 62 | ||||
| InvestmentIncomereceivable | 230 | 216 | |||||
| 292 | 278 | ||||||
| 11 | CashatBank | 2021 | 2020 | ||||
| RathboneInvestmentManagement | 136,828 | 152,528 | |||||
| 136,828 | 152,528 | ||||||
| 12 | Currentliabilities | 2021 | 2020 | ||||
| Creditors:amountsdue | withinoneyear | £ | £ | ||||
| RathboneTrustCoLtd-Finalaccountancyfees | 2,630 | 1,295 | |||||
| IndependentExamination | fees | 630 | 600 | ||||
| IndependentExamination | fees-prioryear | 600 | 0 | ||||
| RathboneTrustCoLtd-Administrationfees | 780 | 780 | |||||
| 4,640 | 2,675 |
| 13 | FinancialInstruments | 2021 | 2020 | |||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Carryingamountoffinancialassets | ||||||
| Debtinstrumentsreceivablewithinone | year | |||||
| -Debtor | 230 | 216 | ||||
| -Cash | 136,828 | 152,528 | ||||
| 137,058 | 152,528 | |||||
| Carryingamountoffinancialliabilities | ||||||
| Payablewithin oneyear | ||||||
| -Creditors | 4.640 | 2,675 | ||||
| InstrumentsmeasuredatfairvaluethroughSOFA | ||||||
| Investmentsatvalue | 1.557.963 | 1,279,746 | ||||
| 14 | RemunerationandBenefits | |||||
| Thecharityhasnoemployees. | ||||||
| Noamountshavebeenpaidtothetrusteesinreimbursementofexpensesduringtheyear(nil | 2020). | |||||
| 15 | Movementsbetweenfunds | |||||
| Balanceat | Gains/ | Balanceat | ||||
| 31/10/20 | Income | Expenditure | (Losses) | Transfers | 31/10/21 | |
| £ | £ | £ | £ | £ | ||
| ExpendableEndowments | ||||||
| Investments 1,352,248 |
2,283 | (7,567) |
278,815 | 0 | 1,625,779 | |
| Unrestrictedfunds: | ||||||
| Generalfunds 77,629 |
35,485 | (48,450) |
0 | 0 | 64,664 | |
| Totalfunds 1,429,877 |
37,768 | (56,017) |
278,815 | 0 | 1,690,443 |
| 17 | ComparativeStatementOfFinancialActivities | Total | ||
|---|---|---|---|---|
| Expendable | Unrestricted | Funds | ||
| Endowment | Funds | 2020 | ||
| £ | £ | £ | ||
| Incomeandendowmentsfrom | ||||
| Donationsandlegacies | 210,863 | 0 |
210,863 | |
| Investments | 0 | 33,710 |
33,710 | |
| Total | 210,863 | 33,710 |
244,573 | |
| Expenditure | ||||
| Raisingfunds | 6,719 | 0 |
6,719 | |
| Charitableactivities | 0 | 33,380 |
33,380 | |
| TotalExpenditure | 6,719 | 33,380 |
40,099 | |
| NetGains/(Losses)oninvestments | (86,430) | 0 | (86,430) | |
| NetmovementinFunds | 117,714 | 330 |
118,044 | |
| UnrestrictedFundsasat1stNovember2019 | 1,234,534 | 77,299 | 1,311,833 | |
| UnrestrictedFundasat31stOctober2020 | 1,352,248 | 77,629 |
1,429,877 |