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2021-04-05-accounts

Page
Legalandadministrativeinformation
Trustees'report 2-4
Independentexaminer'sreport
Statementoffinancialactivities
Statementoffinancialposition
Notestothefinancialstatements 8-12
Scheduleofinvestmentsandincome 13-18

Trustees MrDavidWilliamEdmundSterry
MrsWendyAnnSterry
MrJamesWilliamSterry
MrsNicolaKateClatworthy
Charitynumber 1143953
Principaladdress 8FinsburyCircus
London
EC2M7AZ
Independentexaminer MrJamesHurrell
RathboneTrustCompanyLimited
8FinsburyCircus
London
EC2M7AZ
Accountants RathboneTrustCompanyLimited
8FinsburyCircus
London
EC2M7AZ
Investmentmanager RathboneInvestmentManagementLimited
8FinsburyCircus
London
EC2M7AZ

2021 2020
Notes £ £
Income
Investments 3 75,957 80,666
Expenditure
Raisingfunds 4 21,994 17,542
Charitableactivities 5 98,000 93,500
Totalresourcesexpended 119,994 111,042
Netgains/(losses)oninvestments 10 622,256 (293,593)
Netmovementinfunds 578,219 (323,969)
Fundbalancesat6April2020 3,345,305 3,669,274
Fundbalancesat5April2021 3,923,524 3,345,305

2021 2020
Notes £ £ £ £
Fixedassets
Investments 11 3,856,019 3,271,191
Currentassets
Debtors 12 - 1,047
Cashatbankandinhand 78,733 76,067
78,733 77,114
Creditors:amountsfallingduewithin
oneyear 13 (11,228) (3,000)
Netcurrentassets 67,505 74,114
Totalassetslesscurrentliabilities 3,923,524 3,345,305
Incomefunds
Unrestrictedfunds 3,923,524 3,345,305
3,923,524 3,345,305

2021 2020
£ £
Incomefromlistedinvestments 58,661 54,166
Fixedinterest - 1,718
Foreignincome 18,343 21,248
Accruedinterest (1,047) -
Bankinterest - 3,534
75,957 80,666
4 Raisingfunds
2021 2020
£ £
Investmentmanagementfees 21,994 17,542
5 Charitableactivities
2021 2020
£ £
Grants(seenote6) 94,400 90,500
Shareofgovernancecosts(seenote7) 3,600 3,000
98,000 93,500

6 Grantspayable
2021 2020
£ £
Grantstoinstitutions:
AbleKidz 2,000 -
AfricanRevival - 2,000
AlbionintheCommunity 1,500 -
BirminghamRoyalBallet 3,000 3,000
BocciaEngland - 2,000
BritishBlindSport - 3,000
Cecily'sFund - 3,000
CentrePoint 2,000 -
Challengers 4,000 4,000
ChildrenontheEdge 4,000 4,000
Children'sTrust - 2,000
CityUniversity 6,000 8,000
CPSports - 2,000
DisabilityAfrica 2,000 1,000
EastAfricaChildrensProject 2,000 -
EastAfricanPlaygrounds 2,000 2,000
FootstepsInternational 2,000 2,000
GetSet4Tennis 2,000 -
JoshuaOrphanCommunity - 3,000
HandicappedChildrensActionGroup - 2,000
HappyDays 4,000 4,000
HerneHillHarriers - 1,200
HoneyPotChildren'sCharity 2,000 2,000
ImpactFoundation 2,000 -
IslandTrust 3,000 3,000
ITSchoolsAfrica - 2,000
KEENLondon 2,500 -
KidsClubKampala - 2,000
LunchbowlNetwork 2,000 2,000
MalaikaKids 4,000 4,000
NorthernBallet 10,000 6,000
OrionHarriers 2,400 1,800
RainbowTrust 8,000 4,000
Re-cycleAfrica - 2,300
ShootingStars 2,000 -
SnowCamp - 3,000
SquarePegs 7,000 3,000
StarlightChildrensFoundation 2,000 2,000
SupportforAll 2,000 -
TheFelixProject 4,000 -
TheChangeFoundation 2,000 -
TheTheodoraChildren'sCharity - 2,000
ToolsforSelfReliance - 2,000
91,400 89,300

Grantspayable (Continued)
2021 2020
£ £
Grantstoindividuals:
EthanO'Shea 1,200 600
KGrant 600 -
CEAlexander 1,200 600
3,000 1,200
94,400 90,500

7 Governancecosts
Supportcosts Governancecosts 2021 2020
£ £ £ £
Accountancy -
2,160		 2,160 1,800
Independentexaminer'sfees - 1,440 1,440 1,200
3,600 3,600 3,000

Theaveragemonthlynumberofemployees duringtheyearwas:
2021 2020
Number Number
Total - -
2021 2020
£ £
Revaluationofinvestments 622,256 (293,593)

Listed Cashin Total
investments portfolio
£ £
Costorvaluation
At6April2020 2,227,205 1,043,986 3,271,191
Additions 1,227,929 - 1,227,929
Unrealisedgains 560,006 - 560,006
Unrealisedloss 62,251 - 62,251
Cashinvested - (901,510) (901,510)
Disposals (363,848) - (363,848)
At5April2021 3,713,543 142,476 3,856,019
2021 2020
£ £
Listedinvestments 3,713,543 2,227,205
Cashininvestmentportfolio 142,476 1,043,986
3,856,019 3,271,191
Historiccostofinvestments 3,269,037 2,419,998
12 Debtors
2021 2020
Amountsfallingduewithinoneyear: £ £
Otherdebtors - 1,047
13 Creditors:amountsfallingduewithinoneyear
2021 2020
£ £
Accrualsanddeferredincome 11,228 3,000

Holding Market Value Additions Disposals Disposals Profit Unrealised Holding MarketValueGrossIncome MarketValueGrossIncome
6 April2020 6April 2020 Quantity Cost Quantity Proceeds (Loss) Profit 5April2021 5April2021
£ £ £ £ £ £ £
AberdeenStandardFundManagersLtd
GlobalIndexLinkedBondS InstlIncNan
260,000 160,654 183
(160) (2,906) 260,000 157,586
AberdeenStandardFundMgrs
AAAIncomeSInstInc
300,000
159,270		 701
690
656
(2,190) 300,000 157,080 633
ArtemisFundManagers
CorporateBondFGBPDis
150,000 153,270 397
(591) 972
40,000 44,056 1,182
(137) 8,640 190,000
205,238
ArtemisFundMgrs
GlobalIncomeUnitsInstlInc
140,000 99,848 140,000 117,796 17,948 2,801

Holding Market Value Additions Disposals Disposals Profit Unrealised Holding Holding Market ValueGrossIncome ValueGrossIncome
6 April2020 6April 2020 Quantity Cost Quantity Proceeds (Loss) Profit 5April 2021 5April 2021
E E E E E e E
BaillieGifford
StrategicBondBIncNov
172,000 151,291 344
(344) 344
43,000 39,844 344
(76) 1,668
344
354
430
430
6,354 215,000 197,069 430
BaillieGiffordJapanTrust
OrdinaryGBP0.05
17,000 169,660 11,560 17,000 181,220
CqsNaturalResGrowth&IncomePic
OrdinaryGBP0.25
70,000 36,260 882
1,274
882
63,490 70,000 99,750 882
EdinburghInvestmentTrust
Ordinary25p
22,000 89,980 1,408
2,079
1,320
42,460 22,000
132,440		 1,320

Holding Holding MarketValue Additions Disposals Disposals Profit Unrealised Holding Holding MarketValueGrossIncome MarketValueGrossIncome
6 April 2020 6April2020 Quantity Cost Quantity Proceeds (Loss) Profit 5April 2021 5April2021
£ £ £ £ £ £ £
EuropeanOpportunitiesTrustPic
OrdinaryGBP0.01
14,400 92,160 14,400 100,944 8,784 504
EvenlodeInvMgmtLtd
TbEvenlodeIncomeDDis
79,986 153,278 1,936
1,062
1,063
28,851 79,986 182,129 1,063
FILInvestmentServices(UK)Ltd
FIGStrategicBondNet
126,000 152,586 304
256
356
323
288
365
332
333
384
294
285
12,222 126,000
164,806		 324
FinsburyGrowthTrust
Ordinary25p
12,160
86,093		 973
18,240 12,160
104,333		 1,046

Holding Holding Market Value Additions Disposals Disposals Profit Unrealised Holding Holding MarketValueGrossIncome MarketValueGrossIncome
6April 2020 6April 2020 Quantity Cost Quantity Proceeds (Loss) Profit 5April 2021 5April2021
e e E e e e
FirstTrust
CloudComputingUCITSETF
4,200 140,784 (16,369) 4,200 124,415
HidInfrastructurePlc
OrdinaryGBP0.0001
104,000 154,960 1,313
840
943
1,200
878
1,264
343
16,640 104,000 171,600 1,800
(shares
Ftse100Nov
32,260
173,239		 1,374
1,849
1,113
40,019 32,260
213,258		 1,813
(shares
FTSEAllStocksGilt
10,000
147,900		 10 10
778
(10,140) 10,000
137,770		 630

Holding MarketValue Additions Disposals Disposals Profit Unrealised Holding Holding Market ValueGrossIncome ValueGrossIncome
6 April2020 6April2020 Quantity Cost Quantity Proceeds (Loss) Profit 5April 2021 5April 2021
£ £ £ £ E £ £
JlenEnvironmentalAssetsGroupLtd
OrdinaryNoParValue
160,000 176,800 2,664
2,704
2,704
1,120 160,000 177,920 2,704
JPMorganAmericanInvTrustplc
Ordinary5pshares
24,320 88,038 973
59,584 24,320 147,622 608
LinkFundSolutionsLtd
CIRufferTotalReturnIInc
50,000
152,035		 874
32,280 50,000 184,315 575
MurrayInternationalTrust
Ordinary25p
13,000
109,590		 13,000 145,108 35,518 2,275
1,560
1,560
1,560
PersonalAssetsTr
OrdinaryGBP12.50
400
164,000		 560
560
560
17,000 400 181,000 560

Holding Holding MarketValue Additions Disposals Disposals Profit Unrealised Holding Holding MarketValueGrossIncome MarketValueGrossIncome
6 April 2020 6April2020 Quantity Cost Quantity Proceeds (Loss) Profit 5April 2021 5April2021
£ £ £ £ £ £ £
PolarCapitalTechnologyTrust
Ordinary25p
8,000 171,200 7,200 8,000
178,400
ScottishMortgageInvTrust
Ord5p
35,500
191,168		 660
222,052 35,500 413,220 515
ThreadneedleInvestmentSvcsLtd
UKCorporateBdLGBPNetInc
150,000 155,250 524
(423) 835
40,000 43,736 883
3,901 190,000
202,369
TOTAL: 2,227,205 1,227,929 363,848 62,250 560,006 3,713,542 77,007