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2022-04-05-accounts

THE MARY ALICE HARRIS CHARITABLE TRUST

FINANCIAL STATEMENTS

YEAR ENDED 5 APRIL 2022

CHARITY NUMBER 1124756

THE MARY ALICE HARRIS CHARITABLE TRUST

Members of the Board and Professional Advisers

The Trustees : Nigel Robert Harris Mrs Valerie Jane Harris Miss Abigail Sian Arris Miss Kate Annique Harris David William Coultrip

Registered Office : The Barn Dippenhall Farnham Surrey GU10 5ED Investment Adviser : Investec Wealth & Investment Limited 30 Gresham Street London EC2V 7QN Solicitors : Stevens & Bolton LLP Wey House Farnham Guildford Surrey GU1 4YD

THE MARY ALICE HARRIS CHARITABLE TRUST

Independent Examiner's Report to the Trustees Year ended 5 April 2022

Reporting on the unaudited accounts of the charity for the year ended 5 April 2022

RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE INDEPENDENT EXAMINER

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 43(3)(a) of the Charities Act 1993 and that an independent examination is needed.

It is my responsibility to :

  1. examine the accounts section 43(3)(a) of the 1993 Act;

  2. follow the procedures laid down in the General Directions given by the Charity Commissioners section 43(7)(b) of the 1993 Act; and

  3. state whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER'S REPORT

My examination was carried out in accordance with the general directions given by the Charities Commissioners. An independent examination includes a review of the accounting records kept by the Trust and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

(a) to keep accounting records in accordance with section 41 of the act; and

(b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act.

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

BAILEY & CO TAX CONSULTANTS LTD 16a West Street Farnham, Surrey GU9 7DR

THE MARY ALICE HARRIS CHARITABLE TRUST Notes to the Financial Statements

YEAR ENDED 5 APRIL 2022

1 Net Donations Received
N Harris
V Harris
2. Investment Income
UK Dividends
UK Unit Trusts and OEIC Dividends accumulated
Overseas Dividends - cash
Overseas Dividends - accumulated (ERI)
Overseas Dividends - accumulated
UK Interest received on Unit Trust/OEICs
UK Interest received on deposits
UK Gilt Interest
Overseas Interest
3. Costs in furtherance of charitable objects
Family Counselling Trust
The Bevern Trust
Treloar Trust
RNLI
Wellbeing of Women
Dogs for Autism
Disasters Emergency Committee
Seeability
4. Management and Administration
Legal and Professional - accrual 2022
Investec - management fee
5.Debtors and Cash Held
HMRC (provisional tax reclaim - gift aid/income tax)
Cash held by Stevens & Bolton LLP
Cash held by Investec - GBP
6. Creditors - Amounts falling due within one year
Legal fee creditor (2021)
Legal fee creditor (2022)
7. Analysis of Net Assets in unrestricted funds
Investments (cost)
Unrestricted funds
£453,541.41		 £
-
-
£0.00
503.09
252.70
4,238.29
0.00
0.00
4,994.08
1,043.20
0.11
113.17
904.31
2,060.79
£7,054.87
£1,000.00
£16,000.00
£2,000.00
£1,000.00
£1,000.00
£2,000.00
£2,000.00
£2,000.00
£27,000.00
3,660.00
6,733.97
£10,393.97
492.95
0.00
7,198.79
£7,691.74
3,588.00
3,660.00
£7,248.00
Other
Total
£443.74
£453,985.15		 £
-
-
£0.00
Other
£443.74
£7,054.87
£1,000.00
£16,000.00
£2,000.00
£1,000.00
£1,000.00
£2,000.00
£2,000.00
£2,000.00
£27,000.00
3,660.00
6,733.97
£10,393.97
492.95
0.00
7,198.79
£7,691.74
3,588.00
3,660.00
£7,248.00
Total
£453,985.15

THE MARY ALICE HARRIS CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 5 APRIL 2022

Note
INCOMING RESOURCES
Net Donations received
1
Investment Income
2
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Charitable expenditure:
Costs in furtherance of charitable objects
3
Management and administration
4
TOTAL RESOURCES EXPENDED
NET INCOMING RESOURCES
OTHER RECOGNISED GAINS AND LOSSES
Net gains/(losses) - investment assets
Net gains/(losses) on foreign currency
NET MOVEMENT IN FUNDS RELATING TO THE YEAR
BALANCE BROUGHT FORWARD
BALANCE CARRIED FORWARD		 £
-
7,054.87
7,054.87
27,000.00
10,393.97
37,393.97
(30,339.10)
31,254.17
-
915.07
453,070.08
453,985.15

THE MARY ALICE HARRIS CHARITABLE TRUST BALANCE SHEET

AS AT 5 APRIL 2022

Note
FIXED ASSETS
Annexed
CURRENT ASSETS
Debtors & cash held
5
CREDITORS
Amounts falling due within one year
6
TOTAL ASSETS LESS CURRENT LIABILITIES		 £
£
453,541.41
7,691.74
7,248.00
443.74
£453,985.15		 £
£
453,541.41
7,691.74
7,248.00
443.74
£453,985.15
£453,985.15
REPRESENTED BY :
FUNDS
Unrestricted
7		 453,985.15
£453,985.15

THE MARY ALICE HARRIS CHARITABLE TRUST Schedule of Investments for the period from 6 April 2021 to 5 April 2022

Alphabet Inc A shares
06/04/2021
B/fwd
14/09/2021
Sold
05/04/2022
C/fwd
Amazon Com Inc Com USD0.01
06/04/2021
B/fwd
05/04/2022
C/fwd
Atlas Copco AB Ser 'A'
20/09/2021
Bought
05/04/2022
C/fwd
Baillie Gifford Japanese W3 ACC
06/04/2021
B/fwd
30/06/2021
Acc Div
05/04/2022
C/fwd
BH Global Ord GBP
06/04/2021
B/fwd
31/08/2021
Reorganisation
05/04/2022
C/fwd
BH Macro Ord NPV GBP
31/08/2021
Reorganisation
09/09/2021
Fractional cash
24/09/2021
Bought
05/04/2022
C/fwd
Blackrock Emerging Mkts Flexi Dyn Bd
06/04/2021
B/fwd
12/07/2021
Bought
03/08/2021
Sold
05/04/2022
C/fwd
Boohoo Group Ord GBP0.01
06/04/2021
B/fwd
21/07/2021
Sold
05/04/2022
C/fwd		 Units
Cost
Opening Balances		 Units
Cost
Acquisitions		 Units
Proceeds
Cost
Profit/Loss
Disposals		 Units
Cost
Closing		 Market
Value
18
3,615.95
3
6,160.73
602.66
5,558.07
15
3,013.29
32,122
11
15,082.57
11
15,082.57
27,488
199
9,517.58
199
9,517.58
7,794
789
13,933.74
-
116.76
789
14,050.50
15,299
1,844
29,082.84
(1,844)
(29,082.84)
0
0.00
0
1,068
29,082.84
-
(9.61)
270
9,608.97
1,338
38,682.20
55,527
210
18,708.90
118
9,901.38
328
27,781.60
28,610.28
(828.68)
0
0.00
0
2,900
9,830.10
2,900
8,015.29
9,830.10
(1,814.81)
0
0.00
0

THE MARY ALICE HARRIS CHARITABLE TRUST Schedule of Investments for the period from 6 April 2021 to 5 April 2022

CVS Group Ord GBP0.002
06/04/2021
B/fwd
05/04/2022
C/fwd
Danaher Corp Com USD0.01
06/04/2021
B/fwd
05/04/2022
C/fwd
Eaton Vance Intl Em Dbt Opps S G
03/08/2021
Bought
05/04/2022
C/fwd
Enel SPA Eur1
06/04/2021
B/fwd
10/09/2021
Sold
05/04/2022
C/fwd
Equinix Inc Com USD0.001
06/04/2021
B/fwd
05/04/2022
C/fwd
Estee Lauder Com USD0.01
06/04/2021
B/fwd
05/04/2022
C/fwd
HarbourVest G1 PE Ord
06/04/2021
B/fwd
05/04/2022
C/fwd
HCA Healthcare Inc Com USD0.01
06/04/2021
B/fwd
01/11/2021
Sold
05/04/2022
C/fwd
Hipgnosis Songs Fu Ord
06/04/2021
B/fwd
05/04/2022
C/fwd
Home Depot
06/04/2021
B/fwd
05/04/2022
C/fwd		 Units
Cost
Opening Balances		 Units
Cost
Acquisitions		 Units
Proceeds
Cost
Profit/Loss
Disposals		 Units
Cost
Closing		 Market
Value
540
9,774.00
540
9,774.00
9,858
115
15,065.66
115
15,065.66
25,169
2,700
27,567.00
2,700
27,567.00
25,839
3,745
10,572.00
3,745
23,896.19
10,572.00
13,324.19
0
0.00
0
32
9,741.00
32
9,741.00
18,581
90
14,900.69
90
14,900.69
18,689
1,318
19,969.71
1,318
19,969.71
34,367
177
2,813.88
57
10,510.73
906.16
9,604.57
120
1,907.72
22,264
21,600
24,922.27
21,600
24,922.27
26,179
94
11,854.61
94
11,854.61
21,825

THE MARY ALICE HARRIS CHARITABLE TRUST Schedule of Investments for the period from 6 April 2021 to 5 April 2022

Intuitive Surgical Com USD0.001
22/07/2021
Bought
05/04/2022
C/fwd
Invesco Mgrs Per Corp Bond UK D Dis
06/04/2021
B/fwd
05/04/2022
C/fwd
JP Morgan European Smaller C Acc
06/04/2021
B/fwd
28/02/2022
Acc div
05/04/2022
C/fwd
JP Morgan Chase & Com USD1
06/04/2021
B/fwd
05/04/2022
C/fwd
JP Morgan China Growth Ord GBP0.25
26/04/2021
Bought
10/09/2021
Sold
05/04/2022
C/fwd
Kainos Group Ord GBP0.005
06/04/2021
B/fwd
14/03/2022
Sold
05/04/2022
C/fwd
Legal & General L&G Ise Cyber Sec
06/04/2021
B/fwd
05/04/2022
C/fwd
London
Stock
Exchange
Ord
GBP0.06918604
06/04/2021
B/fwd
01/11/2021
Sold
05/04/2022
C/fwd
Medtronic USD0.0001
06/04/2021
B/fwd
05/04/2022
C/fwd		 Units
Cost
Opening Balances		 Units
Cost
Acquisitions		 Units
Proceeds
Cost
Profit/Loss
Disposals		 Units
Cost
Closing		 Market
Value
63
14,536.36
63
14,536.36
14,198
18,884.32
32,827.74
18,884.32
32,827.74
36,075
2124
14547.17
-
135.94
2,124
14,683.11
21,877
259
7,368.18
259
7,368.18
26,302
1,150
7,706.38
1,150
6,269.54
7,706.38
(1,436.84)
0
0.00
0
710
9,956.21
710
9,084.45
9,956.21
(871.76)
0
0.00
0
1,150
19,610.41
1,150
19,610.41
21,609
125
9,002.29
125
8,930.64
9,002.29
(71.65)
0
0.00
0
114
7,848.63
114
7,848.63
9,594

THE MARY ALICE HARRIS CHARITABLE TRUST Schedule of Investments for the period from 6 April 2021 to 5 April 2022

Melrose Industries Ord GBP0.06857143
06/04/2021
B/fwd
31/08/2021
Consolidation
05/04/2022
C/fwd
Melrose Industries Ord GBP0.076190476
31/08/2021
Consolidation
05/04/2022
C/fwd
Melrose Industries B2 Share Capital
31/08/2021
Consolidation
15/09/2021
Return of Capital
05/04/2022
C/fwd
Microsoft Corp Com USD0.00000625
06/04/2021
B/fwd
05/04/2022
C/fwd
Moet Hennessy EUR1.30
20/09/2021
Bought
05/04/2022
C/fwd
Nike Inc Class B Com
06/04/2021
B/fwd
05/04/2022
C/fwd
Palo Alto Networks Com USD0.0001
06/04/2021
B/fwd
05/04/2022
C/fwd
Paypal Holdings Com USD0.0001
06/04/2021
B/fwd
15/02/2022
Sold
05/04/2022
C/fwd
Primary Health Prop Ord GBP0.125
23/03/2022
Bought
05/04/2022
C/fwd		 Units
Cost
Opening Balances		 Units
Cost
Acquisitions		 Units
Proceeds
Cost
Profit/Loss
Disposals		 Units
Cost
Closing		 Market
Value
10,452
11,214.19
(10,452)
(11,214.19)
0
0.00
0
9,406
10,201.00
9,406
10,201.00
11,562
10,452
1,013.19
10,452
1,567.80
1,013.19
554.61
0
0
0
93
14,911.00
93
14,911.00
22,019
19
10,040.53
19
10,040.53
10,462
186
14,798.00
186
14,798.00
18,741
66
9,154.04
66
9,154.04
31,222
94
7,890.75
94
7,929.42
7,890.75
38.67
0
0.00
0
14,286
20,957.13
14,286
20,957.13
21,565

THE MARY ALICE HARRIS CHARITABLE TRUST Schedule of Investments for the period from 6 April 2021 to 5 April 2022

Tencent Holdings HKD0.00002
06/04/2021
B/fwd
08/07/2021
Sold
05/04/2022
C/fwd
Thermo Fisher Science Com USD1
06/04/2021
B/fwd
05/04/2022
C/fwd
Totalenergies Se EUR2.5
20/09/2021
Bougjt
05/04/2022
C/fwd
UK Gov Idx/Lkd Snr 22/11/2032
06/04/2021
B/fwd
05/04/2022
C/fwd
Visa Inc Com Stik USD0.0001
06/04/2021
B/fwd
05/04/2022
C/fwd
Vontobel AM MTX Sust Asian Leaders
06/04/2021
B/fwd
05/04/2022
C/fwd
Walt Disney Holdings
06/04/2021
B/fwd
14/03/2022
Sold
05/04/2022
C/fwd
Totals		 Units
Cost
Opening Balances		 Units
Cost
Acquisitions		 Units
Proceeds
Cost
Profit/Loss
Disposals		 Units
Cost
Closing		 Market
Value
356
15,140.69
356
17,887.21
15,140.69
2,746.52
0
0.00
0
37
7,848.66
37
7,848.66
16,464
302
9,808.19
302
9,808.19
11,649
£6,500
14,107.39
£6,500
14,107.39
14,089
100
8,905.11
100
8,905.11
17,219
198
19,887.12
198
19,887.12
23,485
145
10,101.23
145
14,552.51
10,101.23
4,451.28
0
0.00
0
_
_
_
_
_
_
_
444,986.74
119,886.61
142,586.11
111,331.94
31,254.17
453,541.41
669,133
_
_
_
_
_
_
_