Charlty R•gistratlon No. 1092476 THE EDNA LINNELL CHARITABLE TRUST REPORT ANO FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021 Pr9pargd by.. Brachers LLP Somerfigld House 59 LorkI￿ Rogd Maidstone Kènt ME16 8JH THE EDNA LINNELL CHARITABLE TRUST cO￿rENTs Lagal and thjminlgtrali￿ in1￿m800n Trust00 rgport Ind¢pfrndgnt oxamin¢¢8 r¢r#Yt Statement of fir￿nCIal achvitses Bal¥￿* sheet Nt)tss to thg 8¢counts 8-14 THE EDNA LINNELL CHARITABLE TRUST LEGAL AND ADMINISTrATNE INFORMATIOM Trust•• (chr￿her EriksBon-Lee re￿￿enting1 Ch•rlty numb•r 1(ts2476 R•gl$t•r•d offl¢• addr••• Som¢rfidd HtsJs• 59 LoThJcn Road ma149t￿• Kgnl ME16WH Indepond•ftl •x•mlnot M Wllk85 FCA Glc4J• F*)LA Eclips8 Park SittlNJbtyJm9 Rood Mw'dslone ME14 3EN Sollcltorn Brathers LLP Somgrfiald Hous• 59 Lc￿dtsn Road Maid$tTh Kent ME16 8JH Inv••tn•nt ad￿10￿ rikney Aysel ￿￿9*Ment Llmitgd 6 Cho8tertéKI G8rdwoJ Ma￿alr Lond W1J 58Q THE EDNA LINNELL CHARrrABLE TRUST TRUSTEE REPORT FOR THE YEAR ENDED 28 FEBRUARY 2021 The Iwust88 reprasentative rrhe TFustee"I wtrs￿ts thew r8pJrt aThJ the unaudrted statèrnént5 oltho th8rtty forth8 ￿arendad 2B Febn*ry2021. The Trustsa has adopted tha ol tha Stat8rnent of Recomrn8nd•J Pradce ISORPI'ArmJnUng Rep)rlry bychanties" IFRS 1021 in wepanno t1￿ 8nrxJal rotvt and finBrKx81 Ststgments ollhe choty. n￿d81s￿lem8nts hav6 h8n prepared ￿ accudance the 80t in Ihe rvjtei tothe 8cKwnts cornk4ywfth Ihe tharftrf¥ goVe￿￿n0 ¢knxJrrent. the chWTl￿ Ad 2011 #r¥J knounting 8ThJ Reporbrvj by Charitie8. Stat8m6nt of ROC4￿M￿led Pfacthc6 ap￿IcaN8 to chariti68 ￿pa￿9 thwr8cwJnts In xcordance With tho nancial Reporfng Slandarts W￿l￿ble In the UK and RepuNr ol Irel8t* puNished In O¢ts)ber 2019. Tru•tso olth• chartty Tho Tw$te• 8qrv&J tho wrand SIn￿ yaar oTr3 8slc4kw'. 8rachen TwslC¢Jwalk)n Llmttod (Auslwed dkttlor- Mr ChrtStofv E￿kS3o￿L••I 8rachthry Trus1 C¢)￿Or41k)n Limllod r•maln th• appc#nl•d InJst••wlh ltr Christoph•r Erilmon-L￿ t4klng ￿ Acti rokn 8$ as$lgMLI Iru8lee rewasfjntatsve ln hi8 capfidty88 dileth of 8r&th8rs Tojsi CorForation Umllad. He18 by Anud4 J•N4 %tho rd • TnMI Mirw ofBrnt*wrn LAnii•d. Oty•cU¥•• •nd •cUvlll•• Tho Edna Linn•ll Charila￿e TrusV* oèycbv•s are to aPFty the and lh8 ￿Cle c* *Jth part ￿p￿rtI ol thè rapthl al they In thektllscretb)n thknk fit to or bonofil oflho Watshl Fwnd8u￿ IG8lor lo the banefft of such ott*r oxclu8Nety chaitatA8 obixts Ind ¢n tho UK orin•Thy *r￿d. Thè pdiCI￿ athpled kn lurther8nra of the Eth L￿n￿l Chwl3bb•TN•fsc*i**￿ ore b) i)wtsne• of Iho M8hatshl Foundolon 0$ Ihe ￿￿Tr￿polI]blOC1¥Q of th¥ chwty and to SLPWI Olhw chwltias io Ih8 late Unn811 *ished to pns¥ide gr8nl8. in Char￿0$ tt* r•hofol suff￿r￿ ofarnrna The Etha Linnvll CharilaiAe Tru¥1 86.86% ¥harv 014 pxopwty. 29 ALwJ* Ro*J, Sherl*rf8 Su9h, Londcffi. kh Is consld8r&d to be wit8￿0 lor th• prryamTh oflhe MthBrishi FouTrJakn. Th• •hw• ￿ th• pr(4Xrty 1$ txned by The Sury• Tnjst IChar(ty R4qstrAtitsTr No. 2918541. Dunng the ￿ar. lh8 Trustee contin￿d wlh Iheir progrdmme ¢fjniwiuN￿ Its*￿￿th0 Maharfthl Foundat￿￿, 8$ ¥￿11 •# maklng dwV¢n$ to ¢l•rlWe opJgnl•akn8. Th8 stralegy18to malrtsin a coM8mlNe investment prC9￿me th519n￿ k) •thlwe *ilh ¢•p6ts1 On 16 Sept8mt• 2020. Iho ehwrityprovthd Fwfid•knYAIty) ¥ PWtylty•l mortyJ•go oft130.¢XQ. gr8nts Bre revkY*Bd bythe TDJs¢ee 8nnuo1ty8nd theTrustee ex8rnines requasts lorfunthThJ fTOTh drflerent parts of Ihg Mahgri$hi Foundaiion. Tr TnJsie¢ 1$ aly) a*0￿ of otsr Char￿¢$ lo w*K)m l* Mrs Linne11 ￿shed to provh18 grants. in p*b"cJJar b charibes helpiThJ the relKfotstherry ofariThts. ￿￿] is at4e tOW*3rd grnnts to JLx* ¢haritse$ on a ¢as¢ bycase ba￿. THE EDNA UNNELL CHARrrABLE TRUST TRUSTEE REPORT ICONTINUEDI FOR THE YEAR ENOEO 29 FEBRUARY 2021 Public b•n•fit ¥t*l•nw The Tru$ie* ¢￿fi￿$ that hav6 r•f8ft8d lo Ihe guklarte ￿￿lained In the Chty C￿mIsS*￿'S Guidanc* on pttJli¢ b¥￿Trt revi8*ing the 8imJ and £tyctNes. ftrturt 4L*?ites, 90lllrvJ the grant-makirvj pollcy lor Y￿r. Dudng Ihg y08r •ndèd 29 F•bru8ry 2021, the 8Fprov•J gr8nt8 Ir*thg E15.31I Tho Mah*tsN Scb)ol ved £14,313 to fwd Tran%entlwtsl (fm) Instru¢kn for wmvy8ch&￿ 8nd early￿ar chibjron. G8tchlThJ r6cwved £1.(￿. ft•V￿￿ ol Iln•n¢SAI Pts￿n •nd •¢bMI Thè r•sult8 for th• ￿8T￿o ￿t out on pap8 6. T*￿ Inmme for trto wJ¥ •mthmt•d lo W,995 I￿.. £33.3341. Gr￿18 pay*bla of£l5.31312020.. £10.6851 ar• ￿¢ Out In n¢t• 3. Afteraccounb'ng lor Inveslment mw3gernenl ar¥J relal•d costs1£10.71Y))wxl othar c09ts1£26.8421 th• fund Inujrred o not dorKIt￿£20.efjO bfrftyo n61 In¥9$b￿l pcvrfc4K+ga￿. R8ali8od gwn6 of£19).070 and unr¢alkqed k>55￿ 01£3.164 ￿ th• inveslrnenl yUc410 w)llni•ed Iha I￿r. Golng conc•m Tha Trustee ha5 knpaL* rfthè p￿￿•m￿ cfi th• fwKl• aNI op•r4kns. Hg Ad￿￿#￿ slep8 hgwo tAk8n to rnitigaie Ihe exlent olwry Impxl aTrJ nD re•wi to b•li&v• that comrnitt8d want fvndlNJ obmgallorffj at28 F*￿2021 *lll be fvffilknj. Pl•n4 forth• fvtur• pthod• Tho Tru8180 knill Contin￿ io I1￿1 Inwastmenis. in C¢n*1d#r•b¢￿ of fMY•It rn•rk•l￿rK1I1l¥Th, aft•r r8¢thlng •nd ¢onJldodty od¥ko ￿ $¢W4￿k9rn, oTrJ In ￿ contaxtclgrant rttdved. R•••pM• Iln¢ludlng R•uTh•• Polle Th• TNstea int8nds to buld fwds shrdd grwi in in orrtwt• wtyrflde fvrth lty lutur? (*anlAt4¢ uw. Tl* vaKJe ofiha rag8r¥8s at tho year end was t2.530.979 12020.. ￿.408.9331. Th8 Trustoo to bo ad￿818 to $UPF¥yI the t*#rity$ tontiMJod OPOrnlJ¢n* and ￿ pffjmde a fvnd 1N￿￿p￿"0nd w8nt8 they arf 1$ pollcy oflho k*arttylo ulkn¥igty m*nl•kn Yr•• r•w*•s' Ib•brvd Ihatdern￿l ort IJ* r•g•rvos *thich IJ nol fijndlng IrNeslmentsl olapprD￿M1* Crt tr)sts. As 8128 Februury 2021. Ir•• ¢Jwrity OftKwnW tr)È216,30312020.. £2N11. The TNsl88 conBld8rn the doslnglovd as su￿￿18n1 to supp)rt Ihesr ant￿pated granl a￿￿turn in Ihe l¢iSty*ir¥J tstlve mwlh$, irK4ud'r¥ any unfor6$0￿ urp)Id￿￿t$b￿ 2￿cOtionS. De¥ignatsd fuTrJs at28 Fetrfvary2021 b)ts1 £2.314,676I￿. £2.4C6.IMI. a•0 11 trdgtelb. Rl•k m4nagwMnt Trugtee ha$ Iho maiordsks tharity 1$ eypjsed and s*n6 have been 88tabllshed lo mfagale th￿e risks. The fvnds invested and bekl w dep(8it sut￿1 compliarth prc¢odur¢$ c{t￿lh the charlvs lnb*skn￿I th"8orn aThJ 8rxhws LLP THE EDNA LINNELL CHARITABLE TRUST TRUSTEE REPORT {C014TINUED) FOR ThE YEAR ENDED 28 FEBRUARY 2021 structure. goverMn¢e rnan•o¢fflt Th& Edna Llnnell Charil8td8 TnJsl was ostablsW Bnd 18 gO￿ed by a tr[￿1 degd rAJrsLHnl fDlhB Wrfl of Edna Rosernarie Linndl ¢J8ted 20 Febwtyry 1997. R(*￿•￿8 Linndl d￿d on 6 JaNMry 1999. The tr￿tI8 a reglstor•J charlty Ichadty Thjmber 10924761. ¢ause&. Dètals ofth8 INst8e board are outtlned cfft Page 2. Tha Tnth ¢c￿￿je1S th8 a5 as irbVe8lrnent 155W5 aTrJ donalkjn behalf of the Tn C Erik3￿n-L￿ ￿ b•h•ff of BracW• Tnwt C¢yporalb)n LlrNtsd D8t*J.' ISI 11 IWI ## **THE EDNA LINNELL CHARITABLE TRUST** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEE OF THE EDNA LINNELL CHARITABLE TRUST** I report to the trustee representative on my examination of the accounts of The Edna Linnell Charitable Trust for the year ended 28 February 2021, which are set out on pages 6 to 14. ## **Responsibilities and basis of report** As the charity Trustee of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the 'Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ........................................... M Wilkes FCA Azets Audit Services Globe House Eclipse Park Sittingbourne Road Maidstone Kent, ME14 3EN Date: 17 November 2021 - 5 - THE EDNA LINNELL CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY202f Unre•trictod Fund$ 2020 Funds 2021 In¢om• from,. Investment in¢orn• Total Incom• 27.995 Expondltur? on: Charttabl& ac￿vIl￿ (Grants payatlo) CoBty of raiBlng lund8 Other coslB 15.313 10.70) 26,842 10,685 8,350 20,581 Tot•1 •xp•ndltur• 39.616 N•t •xp•ndltuM (24.8601 16,282) Nel galnsllbx8eJl cn In￿Stm￿*S 146,¥ 20,970 Net Mo¥*￿ funds 122.04e 14,688 Tot81 fund8 tKoughl fer*ard 2.408,933 2,394,245 Tot•1 fvnd• earrled fotward 2.SW.979 2,408,933 THE EDNA LINNELL CHARITABLE TRUST BALANCE SHE AS A T28 FEBRUARY 2021 2021 Flxod a88•ts Inv9Strnenl proporUwJ Listed InV￿tMents Programme Relaled InvoBtrnents 07,253 I.￿.248 60.478 807,253 1,536,831 66,778 2.371.977 2,410,862 Curr•nt •u•t• Debtors due wlthin 1 year Debtors due in more than 1 year Cash at bank ond In hand 1.672 133.170 28.6B7 12.499 Tot•1 Gurr•Trt •g8•t• 181.942 14.171 Cr•dltorn: amounts hlllng du• wlthln one y•ar 10 12,940) (16,1￿) N•t curr•nt aM•tsl(Il•bllltl••l 1S9,002 11,929) 2,5>).979 2,408,933 Charlty fund• Unrestn'cted funds Designalod funds General funds 11 2,314,676 216.303 2.406,092 2.841 Total unrestrt¢ted lunds 2,530,979 2.408,933 The accounts weTe apwovod by the Trustee on 15 November 2021 C Eriksson-Lee on behalf of Brachers Twst COrp(￿atR￿ Llmthl Trustsè THE EDNA UNNELL CHARrrABLE TRUST NOTES TOTHE ACCOUNTS FOR THE YEAR ENDED 28 FE8RUARY2021 A¢¢ountlng Wlc ¢J•n4rn1 Inlon￿oN and bxl# ol w•paraUon Tho Edna knnndl ChAri18b￿ TAAt is a tharity wstered the Chwlty C(Ynmis%K)n M ENj￿d 8nd W8188 Ireglslered nLmber 10924761. The ad(tr8ss of thts gt¥en In the chadty knfornaticffj page 1 of these finanTral 5tatornen13. Thv natsJw8 of thg thanty8 cwabc￿8 and aclmues lo re¢x)gni68 th• Imwrtsnf* of Ihe M8harfshl FOuTrJatiC￿ and to S￿pu1 that tharriat4e ¢tt)w ¢harMes wlth aims and cèJ'ecbv8s ￿lch onginul Seltky Itt* kfrs Linndll have in agreement based on her Th• th•rfty con¥￿ • benefft ￿ as d¢fin•J ty FRS lff2. Th8 frnrKlal ststem8rts hove l)oen opar8d in 8r£ordance wlh ACC￿nti￿a and R8wting ty Chwib05'. s￿tem￿l d Rfjo)mmgnd8d Pract￿9 8pplicabl8 to than1￿9 pYepariThJ th&r Kc*yJnls In 8ftsxdarth wlth lh¢ Fknow81 RewbryJ Stsndard Bpplkable in the UK and Rewdlc of Irdand IFRS1021 *sts8d in 2019. the Financ4d Repyb"ng StsTraaTrl in Ih• Unitod aThd RepuNK of Irel￿d IFRS102k the ChantiesALI2011 UK G￿TIlY kc¥ptsd Practic•. The chadty haa cpt•J not kn prepurn 8 cathfloWsts￿lW11ortr•l￿1r￿ FwknJ, os per￿tted bytht 2019 siatèm¢ntolR¢eornM￿￿￿j Pra¢O¢•. Th8 fjnandal State￿nts hav• boen prepw&J to vw •rKI hwe dapArt￿ from thè tharftt•# (Accounts and RopM$l R•gulakni 2C¥)8 thylo th• ox¢8nl rn￿red to provhl• 4'tnJ• f*r wiw#. Tli$ ¢Jeparture h88 Involved fdl¢MrvJ Iha Ac£wnllng Rep)rUng by ChBrfti•s,' Statomwt of rewmmanded Practlcg appllcablo to ch8riti09 sKep8riny tsir #c￿N￿ ¥) •C¢tsd￿ *lth ItK* An￿111 ft•p￿ Starth applicabkn tho UK aNJ R¢pUN￿ of IreW IFRS 102159y￿ in 2019. The fln¥nd•l alatwnwts pr•p8r•J on a going b•* lh• N•lNl¢¥ o)•1 mc*Jlfi*J to IncludB certain110rn5 al lJlr valw. Th• lknarKial $wI¢m￿tr are weseTht8d In 8tertiTha 1$ the functbml Jrmcyd the ¢h•nty •n¢J lh• wre8t£. The Blgnfflcant accounlkng Pl4￿ in th• pr•p•rnb"ty) of Ih•a• finarK481 stal8mentS WO #ét trjt pol(ae$ C￿81*¢nOy8pF4￿d to all yaars &￿￿nIed unkn$ $taied, Fundi The fvnds by th• chwlty arn unrnstr*led bo U90d In Kk7)rd•nc4 the tharttatl• oL¥eckn at th• d'8uetion Lrf lh• TN•t••. De8igntht•d lund$ furnts h8v¢ b•i 8eiAsile at the dmcrnlion ofthe Trwlee lor ¥p•dfic pu￿. The wrpow olth•￿ und cr•dttor* rnc•tr￿b1• I payabl• wmhln on•Y￿r O•btor¥ and crvdltors th ryj 51atsd internst ￿] r￿•￿able crf psyB￿•￿I￿ln rm VaTO f￿0[￿•d Imp•lrn?•nt AMots not m•wJr•d •tf•lr v•lw for•nyfjrth￿kn th• ty￿1 m•yb• •t¢•th bolgnc• Bhoel date. ff 8uch lTrJlcBlon 9￿$ts. Iho rec￿er8E￿a 8rMunl of as801, or the 3sse¢B c46h 9Bnor4Ung unl115 ¢8kn8led ond crjrpared tr* Ihe ￿N￿r￿1 amtyJnt Wher• the amount •xc•ed$ Its r¢covernNe •DTr)unL an Impai￿an1 loss Is r8cwi86d In profit or loBs wl888 tha 88881 Is carried at a rav8h￿ am￿nt %thar8 the ImWim￿nI l¥ 4 rMIutiiiL¥I d•(nè*•. TM¥ chartty 1$ An ¢XpAWd￿rfty the meaTh￿3 cl#th8dule 3 ofihtt 2011 arnj L¢ rthwdored 10 PA88 lh8 t88ts $01 w¢ in P8r•w•t* 1 Stswulo 6 Fifi•rts kn12010. Oolftg Con¢•rn Ine lin￿al si8￿monts nave t4en Wep4￿ on g 9)Ing ￿C*M tsa818 as m8 Irusw matenal wc•rtalndes exlsl. The Trusleo h85 cOn￿dered the levd of frjnds he￿￿ and the •xpected ￿ of •yndltur8 for 12 r1v￿1h# frwn aulh¢ytslng th￿ $¥tements. They bellwe th8 antydpated 8xp8ndllL iu ba adwuatdy thd•J glven the •xAlng18¥el of rwaNes CW to be able t• cortlwe as • gOITrJ In the ofthe chartys accrAmbr¥J polKl88. theTruste8 ￿ reryared to makefvdpmvrts. esOmot05 •ssumplions thè ¢aryr¥ wnoufilof4859ts ar¥J lithlibe$ thai aro r¢a(Sly8ppèwt from ouwr $wr¢￿. Th8 esthrnates 8nd 88wuated awmrth$ we baaad on hlstori(*l ax[*￿nCe aTrJ otherf8caors Ihat 8re ¢onsidored to be relevant. Actu￿ resJll8 m8y differ frr*n the80 egtirnat88. ofN¥Jgomenl hevo Mt 8 malerfd Iffl￿ ￿ Ihe (tsIV$ S1*eft￿1ts. Th• esUmot¢s and LmWn9 aMmiplK)ns arn on •nfx8drg bosis. R•YWo to aslmates aro recDwiyed in th• wnc#J irs 8sb.mate revised Wttere ravi￿On affxts oily Ihat period. or in tke pwkxl of thv rn￿￿10n and fubjre pwh>J6 YknBre the alre￿ iKlh fvlurv ￿11￿5. THE EDNA LINNELL CHARITABLE TRUST NOTES TO THE ACCOUNTS ICONTINUEO) FOR TIIE YEAR ENDED 28 FEBRUAR Y2021 Invo•tmont Incon 2021 2020 Incomè Irom listed inveslmw)ts Intsrgst T9￿1Vable 24,824 3.171 33.156 178 27.995 33.334 Exp•nditurn 2021 2020 Charllabh a¢tlvltl•• Gront$ to in$btutions: Catching Llv M8harlshl Fcwndatk 14.313 10,685 15,313 10,685 R•conclll•tloTh ol grnnts p•yabl• Commltments at 1 Marth 2020 Comrrttmonts mad6 In the yo8r Grants paid duriw the year 14,000 15.313 129.3131 28,000 10,685 124,6851 Corrwnitrnents al 28 Febwary 2021 14.000 ccrnitTh￿ts e126 Febwary 2021 we pay#bl¥ •s Idlows.. withln ono yoar {note 10) 14.000 14,000 Costs ol valslng lund8 Inve5trnent manag•rs' fees LEI numtr*r 10,628 72 8,278 72 10,7CQ 8,350 10- THE EDNA LINNELL CHARITABLE TRUST NOTES TO THE ACCOUNTS {CONTIMUED) FOR THE YEAR ENDED 28 FE8RUARY 2021 Expendltur• Icontlnu•d) Oth•r ¢osts ManagomenL admlnlstration accounts wThJuLai Independent examinalion fees Property ¢osts Wilhholdlng tsx 23.673 17.685 2.IC 67T 738 91 26.842 20.581 Total 52,855 39.616 Tru¥ts• •nd k•y manag•m•nt p•r•onal r•mun•r•tlon •nd •wJ•nv• The Trust￿ {ry any pgTrons Cann￿ wlth thom) dbj not r•colve or wglve any r￿n￿nOrat￿ durlng thg ar. The Trustee not hav? any ￿penSeS reln*ur8od the year. Durlng the year thè INst was charged £23.67312020.. £17.6851 tr legal gdviee, ￿0￿nts prc#Juctlon, ar￿ day to day administration by Brachers LLP, a firyn of soli¢ltors, ofwhich Mr C Eriksson-Lee Ilw$tèe r•presen¢aliv¢ durtn9 Ihg year) was a partner. Al the yew ènd thg Imst Enll12020'. £nlll to Brachers LLP. Ernploy••s There were no employ￿¥ durtro yew. Inv•stment PrO￿rtI•l Land and bulldlng8 Falr value At 1 March 2020 and al 28 F¥b￿￿ry 2021 807,253 The most recenl open market Valuat￿rt of Iho irwv5tment rKopty lan 86.66% sharg In 29 Abdale Road. Shepherds 6ush. London) w85 made in September 2015. The Trustee Is of Ihe opinion that the ststed fair value for the prop8rty remains ￿levant and appropriato at 28 Febru8ry 2021. Th9 property Is us•a on a rent free LBsi$ by th• Maharishi FouTrJation. 11 THE EDNA LINNELL CHARITABLE TRUST NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE YEAR ENDED 29 FEBRUARY 2021 Listed inve•tment¥ 2021 2020 Market value al i March 2020 Disposal proceeds AcquisItior￿ at C05t Reallsed gains cffi inveslrnents Unroollsed108ges on ￿vestrnent9 1,532.061 1724,7651 492.743 1,479.895 {481.9151 513.111 150.070 (3,1641 95,052 (74,0821 Net 00lnsJ{bs￿) ￿ InvthM¢nts 146,9)6 20,970 Market ￿1￿0 •t 28 F•bru•ry 2021 1.446.945 1,532,061 Ca8h held lor Inv•skn•nl 57.301 4,770 Mark•t Yalu• at 28 F•b￿ 2021 1,504.246 1.536.831 H￿torIcal e4)818 of Inv¢smwts 1.W2.C 1,332,075 The pNWdio was as frJkn¥8: Equiti•8 Fix•d Inl•rasl Socurlt Atsrnallvo Assets 721,129 199,394 526,422 57,301 1.170,920 34,684 326.457 4,770 1.504.246 1.536,831 Mated81 investmants loynprlslng moi• than 5% of the charitys share by valu&l 8t 28 Fetrfuary 2021 ￿re as fdkn¥s'. L￿)ntr[￿t Spe¢i81 Siiualw$ T CapltAI Partners 82.765 76.960 12- THE EDNA LINNELL CHARITABLE TRUST NOTES TO THE ACCOUNTS {CONTINUEDI FOR THE YEAR ENDED 29 FEBRUARY2021 ProsYamm• R•lat•d In¥•slm•nt• Loan balance at 1 Marth 2020 66.778 MOVe￿￿t kn year (repayTh￿ntsj I6,3￿) Loan balance 8t 28 Fobruary 2021 60.478 Tho ¢riginal108n was madè lo thè BLacklhom Twst In 2013 and was fcff £105,171. 11 was mad• on an inlerest free basis and Temains repay8ty0 over 20 ygar¥. A fijrther amount of £7,906 wa odded to Ihe klan in 2018. repayab￿ over the ￿sting tom oftho ltsan. As of 30 Novèmber 2017. a sum Of£7￿) 69 to ￿ r4)al¢J monw. The loan Is secured over Ihe freehold proF¢ty ownrA by lh8 Blackthom TrusL The inv•stmgnt fvnding was made to further Ihe TnJsf8 charitalAe aims nd to anabh the advancement of the thJiitsblv purpo$8s 81o¢kthom Tn•t. Tho 8*klh¢m T￿1 ￿ • r•glstw•J ¢harlty (No. 11179791 tThldlro medkal ¢af•, $pedBl￿t theraples and rehabllltauon lo poopig %wth rnentsi and phys￿81 ￿81th difficullios or18ami dIff￿ultI8S. aimiThJ to assisl indN*Jualy to progr￿$ towards fvrfull FQtential. O•btorn 2021 2020 Amounts dug wAthn on• y.. Other debtors 8S 1,672 AJnounts due in mor• Ih8n on• ￿•r.. Other debtors Loons reC8N8￿e 3.170 130.000 133,2 1.672 Durfng the year a ban was rnade to the M8h8rishl Four#1alon lor £130.000. The k)an15 due to ba r•paKI in fvll In 5 years Ixne. Interesl 16 charged at 8 rate gf 4.5% par annum. to bo pold In ¢osh on twmlnation ol the The loan Is secured on the followTVJ prot￿.. The Pea¢¢ Palace, Gardenia Close. R￿d￿ShaM, Wood￿, &Jllolk. Elvand. 10 Cr•dlt¢xs'. •nwJunts lalllng du• wlthln om y••r 2021 2D20 Grants payab other credikrf3 14,rJ)o 2.1 2.940 16,1Crf) 13- THE EDNA LINNELL CHARITABLE TRUST NOTES TO THE ACCOUNTS Icop¥nNUEDI FOR THE YEAR ENDED 28 FEBRUARY2021 11 D•slgnat•d fvnd• 1 Maych M•iv D•slgnatknns 28 Febru•ry 2020 th¥lgnBtlons r•lèas8d 2021 Propety fund 1n¥￿trnen¢ (und 807.253 1,598,839 807,253 1.507,423 639,649 I731,c￿5) 2.406,092 639.649 1731,Cfj51 2.314.678 l March N•w L)••1gn•tlo￿ 29 F•bruary 2019 d••lon•tlon• r•l••••d 2020 Proporty fuThJ In￿s￿￿ont lund 807.253 1.555.073 807,253 1,598,839 534.081 1490,3151 1490,3151 2,362,326 534.081 2,406,092 Property fund . thIB lund lthJ8 thè 8lw• in Inv•stmont PfOP8ty vknl(* 18 uwl by the Mahartthl Founda￿On. Inv•slmwl fiJnd- th88• fijnds ar• Investad *> rnayinws• totsl r•bJm •nd 9en8r81• nat Income. 12 R•lat•d party tr•n¥•¢tl¢n• The charity did nol entsr into any rolatod party tr8nsa¢knts durfThJ the yaar {2020.. £n4} oth•r than tfvjse glwlated In note 4. -14-