HILARY TANGYE TRUST REGISTERED CHARITY NUMBER 1128342 COMPANY REGISTRATION NO: 06771566 (ENGLAND & WALES)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 November 2022
(Ref: TST/05309919-1)
HILARY TANGYE TRUST REGISTERED CHARITY NO. 1128342 COMPANY REGISTRATION NO: 06771566 (ENGLAND & WALES)
Index to the Financial Statements for the year ended 30 November 2022
Page
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1 - 4 Trustees' report
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5 Independent Examiner's Report
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6 Balance Sheet
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7 Statement of Financial Activities
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8 - 13 Notes to the Financial Statements
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14 - 19 Schedule of Investments
1
ANNUAL REPORT OF THE TRUSTEES
For the year ended 30 November 2022
Full name of Charity: Hilary Tangye Trust Nature of governing document: Deed dated 11 December 2008 Charity Number: 1128342 Company Number: 06771566 Trustees: T Thornton-Jones A D S Weston E M C Nurse Registered Address: 40 Holborn Viaduct, London, EC1N 2PZ Solicitors: Irwin Mitchell LLP, Thomas Eggar House, Friary Lane, Chichester, West Sussex, PO19 1UF Independent examiner: Jones Avens Limited, Chartered Accountants, Piper House, 4 Duke Court, Bognor Road, Chichester, West Sussex, PO19 8FX Investment Managers: Rathbone Brothers Plc, 8 Finsbury Circus, London EC2M 7AZ
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the trust’s Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial reporting Standard applicable in the UK and republic of Ireland (FRS 102)” (applying amendments which are mandatory for accounting periods commencing from 1 January 2019 early)
Objects and activities :
The objects of the Charity, inter alia, are:
(a) To promote humane behaviour towards animals by providing appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage and to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals.
(b) To prevent and alleviate cruelty to farm and other animals.
(c) To advance the education of the public concerning the care and treatment of animals and to promote and advance public education in animal sentence, ethology, and implications of farming practices on human health and ecology, including the study of man’s activities and the relationship of those activities to the biosphere of earth.
The objectives for a particular year are shaped by these aims and reference is made to the needs, financial and other, of the Charity. The trustees determine the donations and/or financial support to be made to the Charity.
The trustees have paid due regards to guidance issued by the Charity Commission in deciding what activities the trust should undertake.
GA: 5257352_1
2
Powers of investment :
The trustees have all the powers of investment of an absolute beneficial owner and in view of the current nature of the investments they do not hold a formal statement summarizing their investment policy.
Reserves and investment policies :
The intention of the trustees is to distribute all its income in each financial year and ultimately to distribute the majority of its unrestricted reserves in accordance with the Charity’s objectives. The trustees have now appointed Investment Managers to manage the Charity’s funds and will review their performance on an annual basis. The aim will be to retain the capital of these funds and only spend future investment income generated from it. Some reserves need to be retained to cover the Charity’s expenditure, and potential shortfall of the Charity
Achievements and performance
During the year repeat donations were made to twelve charities and two new ones. It is anticipated that the trustees will make repeat donations annually adding further charities if funds allow.
Risk management :
The trustees review the major risks that the charity faces on a regular basis and believe that whilst following the reserves policy above there will be sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks, which they face and confirm that they have established systems to mitigate the risk
Plans for future periods
The trustees will continue to work closely with other similar charities to identify suitable projects to support.
GA: 5257352_1
Structure, governance and managemènt: The trust is a company limited by guarantee, in¢orporated on 11 December 2008 and registered as a charity on 2 March 2009. The company was established under a memorandum of association which established the objeols and powers of the charitable company and is governed under ils articles of association. Thetrustee5. whoare alsothe directorsforlhe purp)ses of ¢¢mpany law. and who Seed during Iheyear were.. T Thomlon-Jones A D S Weston EMCNurse There were three Iruslees during the whole of the year eIed 30 November 2022. All trustees undertook an initial briefing and induction programme. Any future trustees would undergo a similar induction programme. The Iruslees fully understand the importance of operating to the highest standards of corporalion governance to ensure the public have confidence in the Charity. The Chaiity's Memorandum and Articles ofAssociation PTovides that the trustees have wide powers to apply funds forcharilable PUTP05es. Thetruslees meet regularly to monilorlhe Charity's activities and to arrange fund raising activities. One of the trustees prepares and eirculales to the otherlrustees an updale on the Trust's ffield activities. financial slalus, and legal and administrative matters every six months. None of the Iruslees has any beneficial intgre81 in the company. All of the trustees are member of the company and guarantee lo contribute £1 in the event of a winding up. The Iruslees, report was approved by the B¢)ard of Trustees Tim ThomlonJon s- Trustee Daled......... GA.. 5257352 1
4
The trustees, who are also the directors of Hilary Tangye Trust for the purposes of company law, are responsible for preparing the Trustee’s’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the trust and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year.
In preparing these accounts, the trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP
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Make judgements and estimates that are reasonable and prudent;
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State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and
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Prepare the accounts on the ongoing concern basis unless it is inappropriate to resume that the trust will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the trust and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
GA: 5257352_1
Page 5
HILARY TANGYE TRUST
INDEPENDENT EXAMINER’S REPORT
TO THE TRUSTEES OF HILARY TANGYE TRUST
I report to the Trustees on my examination of the financial statements of Hilary Tangye Trust (the Charity) for the year ended 30 November 2022.
As the Trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 pf the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent
examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe in any material respect:
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accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
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the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
Claire Norwood BSc FCA ATII Jones Avens Limited Piper House 4 Dukes Court Bognor Road Chichester West Sussex PO19 8FX
16/08/2023
Dated:……………………………………..
GA: 6672023_1
Pag• 6 HILARY TANGYE TRUSI REGISTERED CHARITY NO. 1128342 Balance ShBtrt88 at 30 v•mb&r 2 22 As al 30.11.22 30.11.21 nts at ¥al 2,074.975.27 2.346.308.53 CUrrI Assels Detrlors Cash 38.4rxJ.51 38.41X).S1 98.727 71 38.727.11 Llabilltks I8"n9 due thIn 12 months Credllors 14 4.198.77 4,102.77 Net current assets Total assets less cJJrrèffl li8bilthes 34,201.74 £ 2,109.177.01 34,624.34 2.380.932 87 FuThY bal8nce as at 30.11.22 UnresirifJ8d £ 2,109,177.01 2.380.932.67 The (mpany is eniived lo the exemption frorn the audil wuiremÈni ¢xnlalrd In secllon 477 of Ihe Cornpanies Act 2006, for the year Ènd& 30 Nember 2022. No member oflhe tx)mpany has deposlted a no15. pursuant lo $e¢iitXI 476, requiring an audit olthese octounts. The truslee5' reSpOr1bl1ieS forensuring Ihal the charfty keeps a¢c4ur4irvJ cOrdS whlt* u>mpIYh set#&on 388 of the Aa and for prepaffing accounts whith gwe a trut and fair view ofihe slate of affairs of the company as ai the end oflhe financlal ye8r aTrJ ofiis IncomlrrfJ resourcey. including Its income and expenditure, lorihe financial year in accordan wlth Ihe requlrernents of section 394 and 395 and vthith otheise ¢ornpty Mth the reqwenenls of ihe Companle$Acl 20 relatyng its a¢wnts, $0 fara$ applicab to the company These actwnts have been wep8red In accordanc£ 1h the pro80% appllcable lo cornpanles wbi8LX to th8 small Comples, regune The fina $1818 buhalf by nts approved by th6 board of Iru8t888 8TrJ auihortsed lor18sLNt on..................................... .......and sl9ned on its Tim Thomion Jone8- T Company Regislralion No. 067715f The notes on pa9es 810 13 fum pwt of these 8ccounis
Page 7
HILARY TANGYE TRUST REGISTERED CHARITY NO.1128342
Statement of Financial Activities for the year ended 30 November 2022
| INCOME & EXPENDITURE Incoming Resources Gross Investment Income Resources expended Raising Funds Investment management costs Charitable activities Total Resources Expended Net Gains/(Losses) on Investments Realised Gain/(Loss) on sale of investments Unrealised (Loss)/Gain on revaluation of investments Net (expenditure)/income Fund balance brought forward 1.12.21 Fund balance carried forward 30.11.22 |
Year ended Note 30.11.22 3 62,349.42 62,349.42 4 (15,777.66) 5 (62,667.50) (78,445.16) (54,661.64) (200,998.48) (271,755.86) 2,380,932.87 £ 2,109,177.01 £ |
Year ended 30.11.21 73,015.73 |
Year ended 30.11.21 73,015.73 |
|---|---|---|---|
| 73,015.73 (16,272.57) (67,911.50) |
|||
| (84,184.07) 6,092.09 208,363.65 |
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| 203,287.40 2,177,645.47 |
|||
| 2,380,932.87 |
None of the Charity's activities were acquired or discontinued during the above two fiscal years.
The Charity has no recognised gains or losses other than those dealt with in the Statement of Financial Activities.
The notes on pages 8 to 13 form part of these accounts.
Page 8
HILARY TANGYE TRUST REGISTERED CHARITY NO. 1128342
Notes to the Accounts for the year ended 30 November 2022
1 ACCOUNTING POLICIES
The Hilary Tangye Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is 40 Holborn Viaduct, London, EC1N 2PZ.
1.1 ACCOUNTING CONVENTION
These accounts have been prepared in accordance with the trust’s memorandum and articles of association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)” (applying amendments which are mandatory for accounting periods commencing from 1 January 2019). The trust is a Public Benefit Entity as defined by FRS 102.
The Trust has taken advantage of the provisions in the SORP for charities applying FRS 102 not to prepare a Statement of Cash Flows.
The accounts are prepared in sterling, which is the functional currency of the charity.
The accounts have been prepared on the historical cost convention modified for the revaluation of investments. The principal accounting policies adopted are set out below.
1.2 GOING CONCERN
At the time of approving the accounts, the trustees have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees’ continue to adopt the going concern basis of accounting in preparation of the accounts.
1.3 CHARITABLE FUNDS & FUND ACCOUNTING
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
1.4 INCOMING RESOURCES
Income is recognised when the trust is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Income from investments is recognised in the period to which the trust becomes legally entitled to receive such distributions & includes any income tax recoverable.
1.5 RESOURCES EXPENDED
Resources expended are recognised in the period to which they relate and include attributable VAT which cannot be recovered.
Grants payable are charged to the Statement of Financial Activities in the year in which the offer is conveyed to the recipient and a constructive obligation is created, except in the circumstances where conditions are attached within the trustees control, effectively allowing the trustees discretion on paying the grant. Such grants are recognised when these conditions are satisfied.
Page 9
1.6 FIXED ASSET INVESTMENTS
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
Realised gains or losses arising on the disposal of investments (together with provisions for diminution in value), are credited or debited to the Statement of Financial Activities, and subsequently transferred to Unrestricted Funds.
1.7 CASH AND CASH EQUIVALENTS
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturity of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 FINANCIAL INSTRUMENTS
The charity has elected to apply the provisions of Section 11 “Basic Financial Instruments” and section 12 “Other Financial Instruments Issues” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the trust’s balance sheet when the trust becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which includes debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Accounts payable are classed as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
Page 10
2. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Page 11
HILARY TANGYE TRUST REGISTERED CHARITY NO.1128342
Notes to the Accounts for the year ended 30 November 2022
3. GROSS INVESTMENT INCOME
| 3. GROSS INVESTMENT INCOME | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income from listed UK investments Income from listed Non-UK investments Gross Bank Deposit Interest Gross Interest from Rathbones Income Tax not recoverable prior years £ 4. COST OF GENERATING FUNDS (INCL VAT) Rathbone Investment Management Quilter Cheviot 5. CHARITABLE ACTIVITIES Grant funding of activities (note 6) Share of Governance Cost (note 7) 6. GRANTS PAYABLE Grants to Institutions Mane Chance Riding for the Disabled - Iceni Group Riding for the Disabled - Arundel Branch Bravo Dog Rescue Pets as Therapy Moorcroft Racehorses Welfare Rescue Remedies for Dogs Riding for the Disabled - Woolbeding Branch Compassion in World Farming Wood Green Animal Shelter Celia Cross Greyhound Trust SPANA Hydestile Resident Animals Skiathos Dog Welfare Association Bumblebee Conservation Trust STAR Adopt Brooke |
Net 44,880.22 17,419.56 12.35 37.29 - 62,349.42 |
R |
Year ended 30.11.22 Tax ecoverable - - - - - - £ £ |
Gross 44,880.22 17,419.56 12.35 37.29 - 62,349.42 £ ear ended 30.11.22 15,777.66 - 15,777.66 ear ended 30.11.22 42,000.00 20,667.50 62,667.50 3,000.00 3,000.00 3,000.00 - 3,000.00 - 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 - 3,000.00 3,000.00 42,000.00 |
Net 55,459.38 17,637.50 0.01 - - 73,096.89 £ £ |
Y R |
ear ended 30.11.21 Tax ecoverable - - - - (81.16) (81.16) ear ended 30.11.21 16,302.57 (30.00) 16,272.57 ear ended 30.11.21 43,000.00 24,911.50 67,911.50 3,000.00 3,000.00 3,000.00 (3,000.00) 4,000.00 3,000.00 3,000.00 3,000.00 4,000.00 4,000.00 3,000.00 4,000.00 3,000.00 3,000.00 3,000.00 - - 43,000.00 |
Gross 55,459.38 17,637.50 0.01 - (81.16) |
|||
| 73,015.73 | |||||||||||
| Y | Y | ||||||||||
| Y | Y | ||||||||||
Page 12
HILARY TANGYE TRUST
REGISTERED CHARITY NO.1128342
Notes to the Accounts for the year ended 30 November 2022
| 7. GOVERNANCE COST (INCL VAT) Irwin Mitchell LLP - Legal & Professional fees Weston Cummins Gunnercooke Jones Avens - Independent Examination fees CAF Bank - Account fee £ |
Year ended 30.11.22 9,493.00 4,800.00 4,800.00 1,488.00 86.50 20,667.50 £ |
Year ended 30.11.21 13,825.00 4,800.00 4,800.00 1,392.00 94.50 |
Year ended 30.11.21 13,825.00 4,800.00 4,800.00 1,392.00 94.50 |
|---|---|---|---|
| 24,911.50 |
Basis of Allocation: All of the governance costs are allocated to the charitable activity of grant making. Totalling £20,667.50 in 2022 (£24,911.50 in 2021)
8. EMPLOYEES Number of Employees
There were no (2021:nil) employees during the year.
| 9. FIXED ASSETS | Year ended | Year ended | ||
|---|---|---|---|---|
| 30.11.22 | 30.11.21 | |||
| Quoted investments and portfolio cash | ||||
| Market value 1 December 2021 | 2,346,308.53 | 2,145,798.03 | ||
| Additions | 391,741.16 | 362,967.90 | ||
| Disposals | (467,762.68) | (359,756.55) | ||
| Increase/(decrease) in portfolio cash | 5,686.740 | (11,064.50) | ||
| Net unrealised (loss)/Gain | (200,998.48) | 208,363.65 | ||
| Market value 30 November 2022 | £ | 2,074,975.27 | £ | 2,346,308.53 |
| Historical cost | £ | 1,863,198.00 | £ | 1,875,944.00 |
| Listed UK Investments | 1,476,772.00 | 1,678,543.00 | ||
| Listed Non UK Investments | 584,486.00 | 659,735.00 | ||
| Cash held on portfolio (Rathbone) | 13,717.27 | 8,030.53 | ||
| £ | 2,074,975.27 | £ | 2,346,308.53 |
10. Investments that represent greater than 5% of the portfolio by Market Value
| Number of | As at | As at | |
|---|---|---|---|
| Shareholding | shares | 30.11.22 | 30.11.21 |
| JP Morgan Asset Managers US Equity Income | 86,719.16 | 139,705.00 | 125,743.00 |
| 11. Financial Instruments | 2022 | 2021 | |
| £ | £ | ||
| Carrying amount of financial assets | |||
| Instruments measured at fair value through profit or loss | 2,074,975.27 | 2,346,308.53 |
Page 13
HILARY TANGYE TRUST
REGISTERED CHARITY NO.1128342
Notes to the Accounts for the year ended 30 November 2022
12. DEBTORS
| 12. DEBTORS HMRC £ 13. CASH Irwin Mitchell LLP Rathbone Income account CAF £ 14. CREDITORS Rathbone Investment Management Jones Avens £ |
As at 30.11.22 - - £ As at 30.11.22 0.90 13,266.41 25,133.20 38,400.51 £ As at 30.11.22 2,758.77 1,440.00 4,198.77 |
As at 30.11.21 - |
||
| - | ||||
| As at 30.11.21 331.91 12,109.32 26,285.88 |
||||
| 38,727.11 | ||||
| As at 30.11.21 2,758.77 1,344.00 |
||||
| 4,102.77 |
15. TRANSACTIONS WITH TRUSTEES
There were no payments to Trustees during the year.
16. TRANSACTIONS WITH RELATED PARTIES
Tim Thornton Jones (Trustee) was a Partner with Irwin Mitchell LLP during the year ended 30 November 2022. During the year, Irwin Mitchell LLP provided legal and professional services to the trust totalling £9,493 (2021: £13,825). At the year end, nil (2021: nil) was due to Irwin Mitchell in respect of these services.
A D S Weston (Trustee) was a Partner of Weston-Cummins during the year ended 30 November 2022. During the year, Weston-Cummins Limted provided professional services to the trust totalling £4,800(2021: £4,800) At the year end, nil (2021: nil) was due to Weston-Cummins in respect of these services.
Page 14
HILARY TANGYE TRUST
REGISTERED CHARITY NO.1128342
Schedule of investments and income received for the year ended 30 November 2022
| Market Value 1.12.21 AB DYNAMICS PLC 1,546 Ordinary Shares 24,891.00 1,546 Sold 23.03.22 - ABBOTT LABORATORIES 400 npv Common Stock 38,026.00 ABERDEEN STANDARD FUND MANAGERS 75,000 Gbl Index Lkd Bond S Instl Inc 48,863.00 ACCENTURE PLC 170 New A Class Shares 45,924.00 ADMIRAL GROUP PLC 1,300 Ordinary 0.1p shares 38,441.00 300 Bought 05.10.22 1,600 ADOBE INC 75 NPV Common Stock 37,973.00 AMAZON COM INC 12 USD0.01 Common Stock 31,810.00 240 Stock split 06.06.22 240 APPLE INC 440 NPV Common Stock 90 Sold 19.05.22 350 54,975.00 ASTRAZENECA PLC USD0.25 240 Ordinary Shares Bought 21.11.22 BH MACRO LTD 1,300 NPV Ordinary Shares Bought 23.03.22 700 Bought 16.06.22 2,000 |
Acquisitions 5,677.75 25,763.10 50,115.00 31,430.00 |
Realised Gains/(Losses) Disposals on Disposal 16,638.80 (8,252.20) 10,627.44 (617.45) |
Unrealised Market Value Gains/(Losses) 30.11.22 (1,892.00) 36,134.00 (9,803.00) 39,060.00 (2,966.00) 42,958.00 (11,702.75) 32,416.00 (16,250.00) 21,723.00 (12,354.00) 19,456.00 (225.12) 43,505.00 1,034.90 26,798.00 10,755.00 92,300.00 |
Net Dividends Amount Date paid 50.09 28.01.22 117.16 fd 15.02.22 127.91 fd 18.05.22 131.19 fd 15.08.22 133.69 fd 15.11.22 200.78 31.12.21 292.13 31.03.22 384.98 30.06.22 441.68 30.09.22 90.58 fd 16.02.22 100.26 fd 16.05.22 102.03 fd 16.08.22 119.44 fd 16.11.22 985.40 06.06.22 548.60 06.06.22 574.60 30.09.22 205.40 30.09.22 585.00 30.09.22 60.22 fd 10.02.22 70.01 fd 12.05.22 55.56 fd 11.08.22 59.65 fd 10.11.22 |
Tax Recoverable |
|---|---|---|---|---|---|
Page 15
HILARY TANGYE TRUST REGISTERED CHARITY NO.1128342
Schedule of investments and income received for the year ended 30 November 2022
| Market Value 1.12.21 BRITISH AMERICAN TOBACCO PLC 1,300 Ordinary 25p Shares 32,890.00 CAPITAL GROUP 2,080.685 Global High Inc Opps PGD (GBP) 73,011.00 DECHRA PHARMACEUTICALS PLC 730 1p Ordinary shares bought 16.02.21 36,829.00 DIAGEO PLC 1,400 28 101/108p Ordinary Shares 400 Sold 25.03.21 1,000 37,995.00 DIGITAL 9 INFRASTRUCTURE PLC 12,089 NPV Ordinary Shares bought 22.04.21 3,393 NPV Ordinary Shares bought 30.04.21 28,018 NPV Ordinary Shares bought 02.06.21 43,500 46,632.00 EUROPEAN OPPS TRUST PLC 5,100 Ordinary 1p Shares 41,922.00 5,100 Sold 19.01.23 - EXPERIAN PLC 1,300 Ordinary $0.10 Shares 43,940.00 FIDELITY INVSTMENT SERVICES 26,000 Global Dividend W Inc 55,926.00 FINDLAY PARK FUNDS 490 American Fund Unhedged 72,574.00 GREENCOAT UK WIND PLC 78,000 Ordinary 1p Shares 104,676.00 14,000 Sold 30.11.22 64,000 3I INFRASTRUCTURE 18,000 NPV Ordinary Shares Bought 19.05.22 |
Acquisitions 63,270.00 |
Realised Gains/(Losses) Disposals on Disposal 39,645.64 (2,276.36) 21,286.44 2,498.44 |
Unrealised Market Value Gains/(Losses) 30.11.22 11,193.000 44,083.00 (5,201.00) 67,810.00 (16,973.00) 19,856.00 85.00 38,080.00 (8,700.00) 37,932.00 (6,175.00) 37,765.00 1,300.00 57,226.00 (7,673.00) 64,901.00 9,984.00 95,872.00 (4,770.00) 58,500.00 |
Net Dividends Amount Date paid 700.70 09.02.22 707.85 04.05.22 707.85 17.08.22 707.85 10.11.21 1,022.03 fi 18.01.22 1,016.41 fi 28.04.22 1,148.75 fi 18.07.22 1,139.18 fi 17.10.22 87.60 07.04.22 240.10 18.11.22 293.60 07.04.22 468.20 20.10.22 652.50 fd 05.01.22 652.50 fd 01.04.22 652.50 fd 04.07.22 652.50 fd 06.10.22 152.01 04.02.22 386.76 22.07.22 351.00 20.01.22 522.86 19.04.22 356.20 18.07.22 356.20 18.10.22 1,400.10 25.02.22 1,505.40 27.05.22 1,505.40 26.08.22 1,505.40 25.11.22 940.50 fd 11.07.22 |
Tax Recoverable |
|---|---|---|---|---|---|
Page 16
HILARY TANGYE TRUST
REGISTERED CHARITY NO.1128342
Schedule of investments and income received for the year ended 30 November 2022
| Market Value 1.12.21 JP MORGAN ASSET MGRS 86,719.16 US Equity Income K Inc 125,743.00 JP MORGAN CHASE & CO 340 USD1 Common Stock 40,818.00 KONE CORPORATION 540 NPV Ordinary B Shares 26,757.00 540 Sold 11.05.22 - LEGAL & GENERAL 1,900 UCITS ISE Bought 21.01.22 LONDONMETRIC PROPERTY PLC 14,000 Ordinary 10p Shares 37,940.00 LONDON STOCK EXCHANGE GRP PLC 330 Ordinary Shares Bought 08.11.22 MATCH GROUP INC 250 USD0.001 Common Stock 24,563.00 250 Sold 13.05.22 - MERIAN INVESTMENT FUNDS 29,000 UK Smlr Cos U1 Inc 66,129.00 9,000 Sold 10.11.22 20,000 NATIONAL GRID 2,600 Ordinary Shares Bought 19.05.22 500 Bought 05.10.22 3,100 NESTLE SA 330 CHF1 Shares 31,805.00 NOVO-NORDISK AS 600 DKK0.2 Ser B 48,371.00 PENNON GROUP PLC 3,400 40.7p Ordinary Shares Consolidation 05.07.21 2,266 61.05p Ordinary shares 27,759.00 |
Acquisitions 32,674.30 25,119.34 31,954.00 4,633.07 |
Realised Gains/(Losses) Disposals on Disposal 19,380.16 (7,376.84) 14,030.43 (10,532.57) 13,466.70 (7,056.09) |
Unrealised Market Value Gains/(Losses) 30.11.22 13,962.00 139,705.00 (1,368.00) 39,450.00 (3,528.30) 29,146.00 (13,160.00) 24,780.00 2,098.66 27,218.00 (13,682.20) 31,924.00 (5,137.07) 31,450.00 868.00 32,673.00 13,284.00 61,655.00 (7,002.00) 20,757.00 |
Net Dividends Amount Date paid 563.67 31.01.22 685.08 29.04.22 659.07 29.07.22 763.13 31.10.22 213.51 fd 31.01.22 229.77 fd 05.05.22 235.20 fd 01.08.22 248.52 fd 31.10.22 511.74 fd 10.03.22 102.35 fd 10.03.22 308.00 07.01.22 308.00 12.04.22 210.00 13.07.22 161.00 18.07.22 322.00 07.10.22 715.46 11.10.22 877.76 17.08.22 485.96 fd 14.04.22 341.71 fd 30.03.22 209.14 fd 16.08.22 265.12 05.04.22 607.97 05.09.22 |
Tax Recoverable |
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Page 17
HILARY TANGYE TRUST REGISTERED CHARITY NO.1128342
Schedule of investments and income received for the year ended 30 November 2022
| Market Value 1.12.21 PERSONAL ASSETS TRUST PLC 140 Ordinary shares 140 Subdivision - 01.08.22 14,000 Subdivision + 01.08.22 14,000 69,790.00 PERSIMMON PLC 1,300 10P Ordinary shares bought 23.09.21 35,581.00 POLAR CAPITAL FUND 10,000 Global Convertible S Inc 79,200.00 POLAR CAPITAL TECHNOLOGY TRUST 1,300 Ordinary 25p shares bought 16.02.21 34,684.00 PRUDENTIAL PLC 2,700 5p Ordinary Shares demerger 02.09.21 2,700 5p Ordinary Shares 34,452.00 2,700.00 Sold 03.10.22 - RATHBONE UNIT TRUST MANAGEMENT 100,000 Ethical Bond S Inc 106,050.00 RIO TINTO PLC 730 10P Ordinary shares bought 24.09.21 33,668.00 SAFESTORE HOLDINGS PLC 5,200 Ordinary 1p Shares 69,212.00 1,300.00 Sold 19.05.22 3,900 SHELL PLC EURO.07 1,200 Ordinary Shares Bought 09.11.22 |
Acquisitions 29,826.49 |
Realised Gains/(Losses) Disposals on Disposal 23,295.60 (11,156.40) 14,068.60 (3,234.40) |
Unrealised Market Value Gains/(Losses) 30.11.22 (2,730.00) 67,060.00 (19,045.00) 16,536.00 (9,000.00) 70,200.00 (10,322.00) 24,362.00 (21,130.00) 84,920.00 7,103.000 40,771.00 (16,536.00) 35,373.00 (498.49) 29,328.00 |
Net Dividends Amount Date paid 196.00 12.01.22 196.00 13.04.22 196.00 22.07.22 196.00 22.07.22 196.00 07.10.22 1,625.00 01.04.22 1,430.00 08.07.22 777.00 fi 5,869.71 785.00 fi 29.04.22 787.00 fi 29.07.22 894.00 fi 31.10.22 254.88 13.05.22 134.47 27.09.22 890.00 28.02.22 870.00 31.05.22 920.00 31.08.22 950.00 30.11.22 332.88 21.04.22 2,239.06 21.04.22 1,617.90 22.09.22 915.20 07.04.22 274.95 11.08.22 91.65 11.08.22 |
Tax Recoverable |
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Page 18
HILARY TANGYE TRUST
REGISTERED CHARITY NO.1128342
Schedule of investments and income received for the year ended 30 November 2022
| Market Value 1.12.21 SHIMANO INC 200 NPV Shares bought 22.03.21 41,805.00 SMITH & NEPHEW PLC 1,700 Ordinary USD 0.20 shares bought 16.02.21 20,698.00 1,700 Sold 07.11.22 - SPDR ETF MSCI WRLD ENERGY 1,100 Bought 17.06.22 STEWART INVESTORS 3,800 Asia Pacific Leaders B Acc 40,609.00 TARGET HEALTHCARE REIT LTD 38,000 Ordinary 1p Shares 43,168.00 TESCO PLC 12,000 Ordinary 5p Shares Consolidation 15.02.21 9,473 Ordinary 6.333333p shares 26,217.00 4,527 Purchase 05.10.22 14,000 TR PROPERTY INVESTMENT TRUST 10,000 25p Ordinary Shares 48,700.00 TREASURY 1 1/4% I/L Stock 22/11/2032 14,000 Stock 31,891.00 14,000 Sold 23.03.22 - TREASURY 2 1/2% I/L Stock 17/07/2024 30,000 30,000 Sold 15.06.22 - 111,757.00 TREASURY 1/8% I/L Stock 22/03/2029 24,000 Stock 40,864.00 24,000 Sold 18.05.22 - |
Acquisitions 40,727.60 104.52 a 9,253.19 |
Realised Gains/(Losses) Disposals on Disposal 17,556.33 (3,141.67) 30,217.91 (1,673.09) 112,413.42 656.42 40,054.23 (809.77) |
Unrealised Market Value Gains/(Losses) 30.11.22 (13,667.00) 28,138.00 3,535.400 44,263.00 (2,214.52) 38,499.00 (13,224.00) 29,944.00 (3,620.19) 31,850.00 (17,500.00) 31,200.00 |
Net Dividends Amount Date paid 123.44 fd 31.03.22 121.87 fd 02.09.22 312.80 11.05.22 219.47 26.10.22 104.52 a 31.03.21 642.20 25.02.22 642.20 27.05.22 642.20 30.08.22 642.20 25.11.22 729.42 24.06.22 539.00 28.11.22 530.00 14.01.22 920.00 02.08.22 1,159.14 17.01.22 20.07 22.03.22 |
Tax Recoverable |
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Page 19
HILARY TANGYE TRUST REGISTERED CHARITY NO.1128342
Schedule of investments and income received for the year ended 30 November 2022
| Market Value 1.12.21 UNILEVER PLC 1,200 Ordinary 3 1/9p 260 Sold 25.03.21 940 36,275.00 VERIZON COMMS INC 1,000 NPV Common Stock 37,997.00 VISA INC 180 $0.0001 Common Stock 26,363.00 WISDOMTREE METAL SECS LTD 4,400 Physical Gold Bought 29.11.22 WORLDWIDE HEALTHCARE TRUST PLC 850 Ordinary 25p Shares 30,005.00 XYLEM INC 460 $0.01 Common Stock 42,109.00 160 Sold 03.10.22 300 Sold 28.11.22 - £ 2,338,278.00 |
Acquisitions 41,192.80 391,741.16 |
Disposals 12,957.36 27,461.98 413,101.04 A E |
Realised Gains/(Losses) Unrealised on Disposal Gains/(Losses) 2,679.000 (5,265.00) 6,436.000 (46.80) (1,955.00) (1,689.24) (0.42) -54,661.64 -200,998.48 = Accumulated dividend = Equalisation payment |
Market Value 30.11.22 38,954.00 32,732.00 32,799.00 41,146.00 28,050.00 2,061,258.00 |
Net Dividends Amount Date paid 338.21 01.12.21 338.59 22.03.22 337.46 16.06.22 341.50 01.09.22 400.15 fd 01.02.22 431.33 fd 03.05.22 443.21 fd 03.08.22 480.04 fd 02.11.22 43.01 fd 07.12.21 42.45 fd 01.03.22 45.52 fd 07.06.22 49.14 fd 01.09.22 59.50 11.01.22 165.75 15.07.22 82.06 fd 21.12.21 88.55 fd 17.03.22 95.62 fd 23.06.22 107.70 fd 29.09.22 62,299.78 fd = Foreign dividend fi = Foreign interest |
Tax Recoverable |
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