OpenCharities

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2021-04-05-accounts

OperatingRestrictions: Toprovideforthepurposeoftheconstructionofhomesofareasonable
standardfortheelderlyoftheParishofSt. OueninJersey.
Specificinvestmentpowers: InaccordancewiththeTrusteeInvestmentAct1961as
amendedbytheCharities(TrusteeInvestmentAct1961)
Order1995.

Page6
COULTERTRUST
INDEPENDENT AUDITORS'REPORT
TO THETRUSTEESOFCOULTERTRUST
Weconsideredourauditwascapableofdetectingirregularitiesdueto:
-
theeffectivenessoftheentity'sinternalcontrols;
-
thenature,timingandextentofauditproceduresperformed; and
-
theabsenceofcontradictoryevidence.
Afurtherdescriptionofourresponsibilitiesfortheauditofthefinancialstatementsislocatedon
theFinancialReportingCouncil'swebsiteat:http://www.frc.org.uk/auditorsresponsibilities.This
descriptionformspartofourauditor'sreport.
Useofourreport
Thisreportismadesolelytothecharity's trustees,asabody,inaccordancewithpart4ofthe
Charities(AccountsandReports)Regulations2008.Ourauditworkhasbeenundertakensothat
wemightstatetothecharity'strusteesthosemattersweare requiredtostatetotheminan
auditors'reportandfornootherpurpose.Tothefullestextentpermittedbylaw,wedonotacceptor
assumeresponsibilitytoanyoneotherthanthecharityandthecharity'strusteesasabody,forour
auditwork,forthisreport,orfortheopinionswehaveformed.
ClaireNorwoodBScFCAATM(SeniorStatutoryAuditor)
forandonbehalfofJonesAvensLimited
25/01/2022
CharteredAccountants
PiperHouse
StatutoryAuditor
4DukesCourt
BognorRoad
Chichester
WestSussex
P0198FX
JonesAvensLimitediseligibleforappointmentasauditorofthecharitybyvirtueofitseligibilityfor
appointmentasauditorofacompanyunderofsection1212oftheCompaniesAct2006
8730081.1

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6.GOVERNANCECOSTS(INCLVAT)
Yearended Yearended
5.4.21 5.4.20
Auditorsfees 1,026.00 954.00
IrwinMitchellLLP-charges
-currentyear 14,784.00 18,324.00
-Beryl CoulterWillTrust 27,376.50 60,892.98
-Counsel - 79,900.00
-SupremeCourt 6,012.70 -
BedellCristin - 12,350.28
£ 49,199.20 172,421.26

Yearended Yearended
5.4.21 5.4.20
4,559,259.36 4,264,070.48
841,541.99 3,630,131.50
(1,444,287.48) (3,135,133.01)
746,041.13 126,447.49
283,275.24 (326,257.10)
£ 4,985,830.24 4,559,259.36
£ 4,936,526.89 4,559,029.83
2,555,631.31 3,339,742.00
1,367,072.94 902,432.50
1,063,125.99 317,084.86
£ 4,985,830.24 4,559,259.36

Asat Asat
Holding Holding 5.4.21 5.4.20
InternatinalPublicPartner,Ord£0.0001 130,000 218,660.00
AmundiLuxembourgGblHighYield 200 216,580.00
HermesGlobalHighYield 347,300 357,267.51 296,698.39
LiontrustStratBond 350,000 371,087.50 338,408.70
ManGLGStratBond 292,068 284,649.81
NinetyOneGlobalTotalReturn 280,000 287,980.00 247,072.00
RoyalLondon CorpBd'Z'Inst 196,500.00 212,809.50
UK(govtof)0.75%l/LGilt03/2034 354,500.00 685,869.70
Vontobel24AbsRtnCredAQGGBPInst(Inc) 3,600 371,232.00 360,900.00
10.DEBTORS Asat Asat
5.4.21 5.4.20
Otherdebtors
-HMRevenue&Customs(IncomeTaxRefund) 594.36 963.31
-HMRevenue&Customs(LegalCostsrefund) 330,000.00
594.36 330,963.31
Asat Asat
11.CASH 5.4.21 5.4.20
BarclaysBankPic 473,385.64 71,903.52
473,385.64" 71,903.52'
12.CREDITORS Asat Asat
5.4.21 5.4.20
Othercreditors
JonesAvens-Auditorfees 990.00 954.00
SanlamUKLimited-InvestmentFees 4,867.76 2,305.75
5,857.76 3,259.75

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