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# 24 January
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||Note|2022|2021|
|---|---|---|---|
|||£|£|
|IncomeandExpenditure||||
|Incomefrom:||||
|Investments|2|43,759.67|51,448.37|
|||43,759.67|51,448.37|
|Expenditureon:||||
|RaisingFunds||||
|InvestmentManagementFees||9,380.94|10,507.19|
|Charitableactivities||||
|Donations|9|400,344.42|455,553.94|
|Fundingcommitments|10|23,981.94|1,792,268.01|
|OtherExpenditure||||
|MacfarlanesFees||18,600.00|18,600.00|
|AccountancyFees||4,500.00|5,100.00|
|ConsultancyFeesandExpenses||||
|PercebePesquisa||4,556.73||
|CepedaFees||-|236.64|
|BankCharges||831.78|407.58|
|LEIRegistrationFee||78.00||
|TotalResourcesExpended||462,273.81|2,282,673.36|
|Realisedgains(losses)||(6,178.90)|90,819.82|
|Unrealisedgains(losses)||57,749.34|(414,861.56)|
|NetCurrencygains(losses)||11,873.26|(83,261.89)|
|Netgains(losses)oninvestments|5|63,443.70|(407,303.63)|
|Netmovementinfunds||(355,070.44)|(2,638,528.62)|
|Fundbalancesat6April2021||2,371,954.30|5,010,482.92|
|Fundbalancesat5April2022||£2,016,883.86|£2,371,954.30|
|Allfundsareunrestricted||||
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|2022|2021|
|---|---|
|£||
|1,766,776.59|3,849,289.82|
|1,380,682.95|34,929.29|
|(356,858.46)|(454,676.46)|
|£1,023,824.49|(£419,747.17)|
|(773,717.22)|(1,057,588.35)|
|£2,016,883.86|£2,371,954.30|
|£2,016,883.86|£2,371,954.30|
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|2|IncomefromInvestments|2022|2021|
|---|---|---|---|
|||£||
||IncomefromOverseasSecurities|43,759.67|51,448.37|
|||43,759.67|51,448.37|
##
|5|Netgains/(losses)onInvestments|2022|2021|
|---|---|---|---|
|||£|£|
||RevaluationofInvestments|57,749.34|(414,861.56)|
||Gain/lossonSaleofInvestments|(6,178.90)|90,819.82|
||Currency|11,873.26|(83,261.89)|
|||63,443.70|(407,303.63)|
|6|FixedAssetInvestments|2022|2021|
|||£|£|
||ListedInvestments|1,766,776.59|3,849,289.82|
|||1,766,776.59|3,849,289.82|
||ListedInvestmentsincludedabove:|||
||OverseasSecurities|1,766,776.59|3,849,289.82|
##
##
##
||MovementsinFixedAssetInvestments|2022|2021|
|---|---|---|---|
|||£|£|
||CostorValuation|||
||At5April2021|3,849,289.82|4,873,283.86|
||Additions||4,792,999.00|
||ValuationChanges|57,749.34|(414,861.56)|
||Disposals|(2,140,262.57)|(5,402,131.48)|
||At5April2022|1,766,776.59|3,849,289.82|
||CarryingAmount|||
||At5April 2022|1,766,776.59|3,849,289.82|
|7|FinancialInstruments|||
|||2022|2021|
|||£|£|
||CarryingAmountofFinancialAssets|1,766,776.59|3,849,289.82|
||Equityinstrumentsmeasuredatfairvalue|||
||throughprofitorloss|1,766,776.59|3,849,289.82|
||CarryingAmountofFinancialLiabilities|||
||Measuredatamortisedcost|1,130,575.67|1,512,264.81|
||FinancialLiabilities:breakdown|||
||Amountsfallingduewithinoneyear:|||
||AccountancyFees|4,500.00|5,100.00|
||MacfarlanesFees|2,400.00|2,400.00|
||Fundingcommitments|349,958.46|447,176.46|
|||356,858.46|454,676.46|
||Fundingcommitmentsdueafteroneyear|773,717.21|1,057,588.35|
|||1,130,575.67|1,512,264.81|
|8|Cashatbankandinhand|||
|||2022|2021|
|||£|£|
||Macfarlanes|9,330.49|3,108.49|
||Itat_iPrivateBank:|||
||GBPCurrentAccount|26.86||
||US$CurrentAccount($1,794,447.85)|1,371,308.08|31,820.80|
||EuroCurrentAccount(€21.01)|17.52||
|||1,380,682.95|34,929.29|
##
##
|CharitableDonationsmadebyTheTrust|||
|---|---|---|
||2022|2021|
||£|£|
|ArtConvergences|8,048.98||
|CAISMJairMari|45,481.91||
|FundacaoPro-Saber|36,640.75|40,300.13|
|InstituteABCD|175,748.48|395,344.64|
|SPDMAssociacaoPaulistaParaDesen|-|19,909.17|
|Y-Mind/AmeSuaMente|134,424.30||
||£400,344.42£|455,553.94|
##
##
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##
##
|OverseasSecurityInterest||||||
|---|---|---|---|---|---|
||Holding|Date|Gross|Tax|Net|
|BancoBradesco(Grand||||||
|CaymanBranch)5.75%||||||
|1.3.2022|200,000.00|01/09/21|
4,171.91||4,171.91|
|||01/03/22|
4,316.96||4,316.96|
|BancodoBrasil(Grand||||||
|CaymanBranch)5.875%||||||
|26.01.22|200,000.00|26/07/21|
4,249.42||4,249.42|
|||26/01/22|
4,347.35||4,347.35|
|CitigroupInc4.5%14/01/2022|189,000.00|14/07/21|
3,068.58||3,068.58|
|||14/01/22|
3,111.24||3,111.24|
|GoldmanSachs5.25%||||||
|27.07.21|190,000.00|27/07/21|
3,592.42||3,592.42|
|ItauUnibanco6.2`)/021.12.21|200,000.00|21/06/21|
4,451.69||4,451.69|
|||21/12/21|
4,680.97||4,680.97|
|MorganStanley4.1%22.05.23|183,000.00|22/05/21|
2,651.14||2,651.14|
|||22/11/21|
2,797.14||2,797.14|
|Naturacosmeticos5.375%||||||
|01.02.23|200,000.00|21/05/21|2,320.85||2,320.85|
||||43,759.67||43,759.67|
##
|2)|Investmentsheldat5|Investmentsheldat5|April2021||Investmentsheldat5April2022|Investmentsheldat5April2022|Investmentsheldat5April2022||
|---|---|---|---|---|---|---|---|---|
|||||||Costor|||
||Holding|Cost|Market|Holding|Cost|2021|Market|Unrealised|
||||Value|||Adjusted|Value|gains/(losses)|
|||||||Value|||
|AmundiFunds|||||||||
|SICAVCash|||||||||
|USD|5,889.81|510,655.45|
463,149.00|2,459.82|
213,270.17|193,429.53|205,347.65|11,918.12|
|Banco|||||||||
|Bradesco|||||||||
|(Grand|||||||||
|Cayman|||||||||
|Branch)5.75%|||||||||
|1.3.2022|200,000|171,029.03|
149,982.40||||||
|Bancodo|||||||||
|Brasil(Grand|||||||||
|Cayman|||||||||
|Branch)|||||||||
|5.875%|||||||||
|26.01.22|200,000|170,806.15|
150,461.40||||||
|CitigroupInc|||||||||
|4.5%|||||||||
|14/01/2022|189,000|163,844.50|
141,716.31||||||
|Goldman|||||||||
|Sachs5.25%|||||||||
|27.07.21|190,000|163,805.82|
140,013.36||||||
|ItauBBA|||||||||
|International|||||||||
|Plc|1,209,000|915,843.13|
867,346.88||||||
|ItauUnibanco|||||||||
|6.2%21.12.21|200,000|168,468.26|
149,303.51||||||
|JPMorgan|||||||||
|LiquiditySICAV|||||||||
|USDFundA|78.766|874,247.41|
790,883.44|66.59|
739,102.34|668,625.15|710,163.44|41,538.29|
|MFSMeridian|||||||||
|FundsSICAV|||||||||
|USGovtBond|||||||||
|FundAl|36,307.054|560,505.55|
489,634.66|36,307.054|560,505.55|489,634.66|494,150.36|4,515.70|
|Morgan|||||||||
|Stanley4.1%|||||||||
|22.05.23|183,000|160,467.46|
142,851.12|183,000|160,467.46|142,851.12|142,364.94|(486.18)|
|Natura|||||||||
|Cosmeticos|||||||||
|5.375%|||||||||
|01.02.23|200,000|166,236.79|
149,460.95||||||
|Nordea1|||||||||
|SICAVUS|||||||||
|CORPBOND|||||||||
|FUNDBP|17,910.448|238,241.83|
214,486.79|17,910.448|238,241.83|214,486.79|214,750.20|263.41|
|||£4,264,151.38|£3,849,289.82||£1,911,587.35|£1,709,027.25|£1,766,776.59|£57,749.34|
##
|Acquisitions|||||||
|---|---|---|---|---|---|---|
||Holding|Date||Cost/Book|Event||
|||||Value|||
|||||0.00|||
|Disposals|||||||
||Holding|Date|MarketValue|Proceeds|Profit/(Loss)|Event|
||||£|£|£||
|AmundiFunds|||||||
|SICAVCash|||||||
|USD|1,828.99|14/07/21|143,823.81|144,332.24|
508.43|Sale|
||1,601.00|15/07/21|125,895.66|126,630.49|
734.83|Sale|
|Banco|||||||
|Bradesco|||||||
|(Grand|||||||
|Cayman|||||||
|Branch)5.75%|||||||
|1.3.2022|200,000|01/03/22|149,982.40|150,155.00|
172.60|Sale|
|Bancodo|||||||
|Brasil(Grand|||||||
|Cayman|||||||
|Branch)|||||||
|5.875%|||||||
|26.01.22|200,000|26/01/22|150,461.40|147,995.00|(2,466.40)|Sale|
|CitigroupInc|||||||
|4.5%|||||||
|14/01/2022|189,000|14/01/22|141,716.31|138,277.13|(3,439.18)|Sale|
|Goldman|||||||
|Sachs5.25%|||||||
|27.07.21|190,000|27/07/21|140,013.36|136,854.15|(3,159.21)|Sale|
|ItauBBA|||||||
|International|||||||
|Plc|1,209,000|02/08/21|867,346.88|870,035.09|2,688.21|Sale|
|ItauUnibanco|||||||
|6.2%21.12.21|200,000|22/12/21|149,303.51|150,999.00|1,695.49|Sale|
##
|JPMorgan||||||
|---|---|---|---|---|---|
|Liquidity||||||
|SICAVUSD||||||
|FundA|12.176|08/04/21|122,258.29|123,695.10|1,436.81Sale|
|Natura||||||
|Cosmeticos||||||
|5.375%||||||
|01.02.23|200,000|21/05/21|149,460.95|145,110.47|(4,350.48)Sale|
|Totals|||£2,140,262.57|£2,134,083.67|(£6,178.90|