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





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|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|





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|||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|





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|||`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|





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|||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|-|<br>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)|





## 

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## 

## 

|||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|<br>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|<br>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|<br>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||<br>164,806|324|
|FinsburyGrowthTrust||||||||||||||
|Ordinary25p||||||||||||||
|||12,160|<br>86,093||||||||||973|
||||||||||18,240||12,160|<br>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|<br>173,239|||||||||||1,374|
||||||||||||||1,849|
||||||||||||||1,113|
||||||||||40,019||32,260|<br>213,258|1,813|
|(shares||||||||||||||
|FTSEAllStocksGilt||||||||||||||
||10,000|<br>147,900|||10||||||||10|
||||||||||||||778|
||||||||||(10,140)||10,000|<br>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|<br>152,035|||||||||||874|
|||||||||32,280||50,000|184,315||575|
|MurrayInternationalTrust||||||||||||||
|Ordinary25p||||||||||||||
||13,000|<br>109,590|||13,000|145,108|35,518||||||2,275|
||||||||||||||1,560|
||||||||||||||1,560|
||||||||||||||1,560|
|PersonalAssetsTr||||||||||||||
|OrdinaryGBP12.50||||||||||||||
||400|<br>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|<br>178,400||
|ScottishMortgageInvTrust||||||||||||||
|Ord5p||||||||||||||
|||35,500|<br>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||<br>202,369||
|TOTAL:|||2,227,205||1,227,929||363,848|62,250|560,006|||3,713,542|77,007|