THE JAMES AND ADA ROBB CHARITY
(a compAny limited by guaralltee)
REPORT AND FINANCIAL STATEMII NTS
FOR THE YEAR ENDED
5 APRIL 2024
Reglstered Charity No: IIS7777
Company No: 09085734
fv_fyL
ChlARTERED ACCOUNTANTS

'1 HLI JAIMLI'S ANI) AI)A KUIIU LHAIII'I Y
TRUSTEI Ei S, REPORT (INCLUDING DIREI CTOIIS, REPORT)
The Trlislees (who are ¢1180 Directors for the PLwpose OF conipany law} prcsent
their Report and accoiints for the year ellded 5 April 20?4,
The accounts have beal prep<lred in &ccordance with the ELCCOiiiiting policies
set out in note I to the accoiints and comply with the Charity's governirvd
documenl, tlie Coinpanies Act 2006 and 'Accounting aiid Reporting by
Charities: Sialeinent of Recommellded Practice 1¢ pplicable to charities
preparing their accoiinls in Ciccordance with the FinanGial Reporting Standard
appliGable til the UK and Republic of Irelalld, (FRS 102) (eFFe¢tive l January
2019)
Reference Administi'atlon
Trustees
Christopher Jolui Giipwell - Chainnart
Peter Michic el Joneg
Sliona Mary Cutler
Nicholas Peter Carl Jone8
John Roger Lloyd Willicims
All acted throughout the ye&r.
Registered Offlee
Grove Farn] Biingalow
Lincomb
Stourport on Sevem
Wor¢esl¢rshire
DY13 9RB
Advlsers
Accounlanls
Shona Cutler Limited
Grove Farm Bungalow
Lincomb, SIoLirport on Sevem
Worcestershire DY13 9BJ
Banl<cr8
Lloyd8 Bank PIC
PO Box 44
col￿ore Row
Birniiiigham B3 3AD
Properly Agents
Fi8hers
30 Harborne Road
Edgbastoii
Binninghllm Bl 5 3AA
Indepeiidenl Examin¢r
N Siinl(illS FCA
Sinikin8 As8OCiat¢8
Bults FE
Maill Road
Great Haywood
Staflordshire
ST18 OTF

'I'Hb JALVIAS AUA LFIAIU'I'Y
TRUSTEES, REPORT (INCLUDING DIRLI CTORS, REPORT) (continiied)
Advlsers (continued)
Solictlors
DWF LLF
One Snowhill
Snow FIill QueetLsway
Birn]ingbam, B4 6GA
Investment Managers
Inveslec Wealtli & Investtnenl Lld
Colmore Plaza, Colmore Cir¢iis
BirniinghartL, B4 6AT
Striictiij'e, Governance alld Management
The Charity 18 a coinpany liiniled by guarantee and has llo share capil&l. The
charitable Company was incoiyoratcd 011 13 June 2014 and Ès governed by ils
Ttust Deed aud its Men]or&nduni and Arlioles ot AssocsaiLOll.
The company registration nun]ber is 09085734 and the charity registralion
number 15 1157777, The liability of eELch member may not exceed El.
The administration of the coinp&ny is effected by tlie Til￿tee8 assuming tbe
equivalent role of directors.
Power to appoint new Tiiislees ves18 wilb thr existing Trustee8, New Trustees
are drawii from colleELgues 11 nd associ8le8 0£ existing Trustees who have
experience relevFJlll to the activities O'F the Charily. No specific training
is considered necessary.
All matters of policy are delerniined by tbe Trustees who meet annLially and
at such other Èimes as ¢ir¢vtnslallces require,
Risk Manllgemeiit
The Tru81ees Iceep iilldei. i'eview the major strategic and operational risks
which the Charity faces and are 8alislied that systems have been established
in order to minirnise the p08sible effeot8 of such risks on the Charity.
ObJeelives Aiid Activitles
The object of the Charity is the relief of need OF persoiis restdenl or
foi'inerly resident in Birniincyliatn aiid its surrounding area by r¢a80n of youtli,
age, ill liealih, disability or E-mancial hw'dship through the provision of
hoiising and associated amenitie8.
In ftirtherance of these object8 the Trustees own ahnsliouqes ivhich consist of
ourte¢n s¢lf-conlained buiigalows gituated in the Bartley Gr¢en area of
Binningham, The TrLiStees' policy is to provide the highest quality
8ccomniodalion for tlie re8Ldellts.
The almshouses are manllged by property &gLnlS who are supervised by the
Trubtees. The Cliarity is resourced by the weekly cc)nlribulioiis fi'om residents,
income from investments ￿]d graiits from other cliaritable inylitLilions. Tlie
T￿SteeS work Closely iviih local agellcies lo fiiid suitable residents wben
vacancies occur, The Charity is affiliated to The Alnishouse Asso¢iaLion.
The Trustees ljave refeLTed lo the gutdance coiil&iiied lll the Cburity
Cornmission's general guidance oil public benefit wheii revkewiiig the Cliarit5Ps
ainis d objectives alld planniiig tuture activities, In pthc icular, Ilie
Trnstees have considered how planned activities will Gontribiite to the aim.8
and objecÉive8 set,

THf, .IAMF..S AIYD ADA ROBB CHARrrY
TIIUSTEES, REPORT (INCLUDING DIRLI CTORS, REPORT) {cotttinued)
ALliievemont5, Pcrfoi'niance and Finxnclttl Revlew
All 14 bungaloivs weir occiipied during die yeilr.
The 'frLiSt's fEll8neial statements atr get out on pages 5 to 12.
17te Tr￿teeS eollsido" the company's financial posktion as disclosed by the
fin&w¢ial statements lo be 8dequute for fttlfilling the obligations of the Cbllrity.
Re¥erves Poliey
Bect]ll5e of the possibility of sudden unexpected expelldtttire OJJ I'he
propei'ties the TrnstLes contilliie to acciiinillate tlie excess of at￿ll￿1 incoD]e
ovei ex1?ellditt￿e when it aTises. 1Ee Major Repairs Reseive is a fi]nd set
aside to nieel such c05t8. At 5 Apid 20?4 Acoujniilated Illcome ainoimted to
£254,184 (2023 £220,829) aDd the Major Repairs Fulld Stood al £53,85l (2023
£53,851).
IIAvestment Poll¢y
'Il)e main objeclive is Lo preseLV¢ the Lharity'5 fi￿d8 in real iei'ms an(1 to
provide an income i'elllrn. The Tr115tres have um'esk"ict¢d powers ot investsllent
alld bave appointed Illvestsnent ManageTS on a discretionary basis who reporl
to tbe Trustees at their meetillgs. Ti?dilionally the Tniste¢s' policy is lo
invest in.mediiim risk invesÉmellts and tlie Trustees considLr th&t this policy
reJJains &ppropriate.
Publie YJeDeflt
The Trustees have complied with the duly in Scctloll 17 of the c￿￿.1tieS Act
201 I to Iiave due r¢gard to public benefit ￿lIdance piiblished by th¢ Cb&rity
CotllmiSSiOn.
Pl%ns for Future Perio(Is
T1￿ I"ni8tees plan to COlltinl￿ their poltcy of iiiauitainillg tbe biiugaEows t'o
highest quality ttCCQWtno(kntion olld when a property becoillcs VEicallt lo
cAiry oiit signifiLuELI iefiwbishment where nec¢58aiy dtid n]oderni8¢ltion
where possible. The Inistees plajj to make gr[￿1 applicatio￿% to
ap&)i'opriate charilable iLisliliittons to assist Ibeiu in fimding tlii5 process,
wliilst m&Xill]i$ing theii. inLome re.%idcut5' coutt'ibutlolls I￿a
investm¢nt8.
I'he accol￿ts havL been prepared ill accord[￿Le with the provisions tLpplicable
to cotnp<illies siibjcct to the smllll co￿panies, re8ime.
'Fhc Trustee5' Report has been llpproved by the I10￿￿1 of I'rusleLS oll 20th Novembei. 20?4.
C J Gupwell ChallTha

TH[, J.4Mf* S AND ADA ROIIII CHAIUTY
NDIPENDENT EXAMINER'S REPORT
TO THf,. TIIUSTEI ES OF THE JAMEI S AND ADA ROBII CHA.IUTY
l itport to the Ti￿steeS on Illy exa￿1￿<￿tIOn of ttLe F￿anC.1al statements OF
Tbe Janies & Ada Robb CbarKty (the Cliarity) for tbe year ended S April 2024.
Responsibllitieg and basis of report
As the frilslees of the Clwiity (and lllso its dire¢loi's for the pw"poscs of
COtnp1c ny law) yoii ale responsible for ihe prepÉu'alion of tLie finallciul
stlllcineiils in accordallce witli the requii'ements oftbe Con]pE￿leS Acl ?006
(the 2006 Act).
IIIiviD¥ SiTrtisfied nlyself tbat the fmELllcial stalements of the Ch￿.1ty ￿￿e not
i'eqiiired to be lllidited under Part 16 of ilic 2006 Act alld ale eligible For
llidependellt exaniuiatiou, l ieport in i'especl of my exalliinalion of the Chtwity'8
fjllancial slatejnents c(￿led oitt i]ndei' sectloll 145 01 the Cherities ALt 2011
(the 2011 Act). Ill can'ying oiit Jlly eL1minalion I have lollowed all the
applicllble Directions givLn by tlie Charity Conlliiission iiniler 5¢Ction 145(5)(b)
of Ibe 2011 ALt.
IndepL%ndeut Elxalliiuer's Statement
I liave Collipleted tlly examiniitioll. I Coiffirin tlial no matters bave come to my
ttelltion m Collnection with'ihe examillation givillg me caiise to bclieve that
ill any malerial resp¢¢t:
l accoulltiJ]g ircoi'ds were not Icept ill i'espect of IIIL, chaiity ag ieqiiii'ed by
section 386 of the 2006 Act, oi
? the thjancial state￿entS do not occoi'd with those i'ecords. oi.
3 the tinllnL'ial .%talemellts do nol. coniply witb the accounting reqiiu'ements or
seclioll 396 of the 2006 Act other tliall irquiremelli diat tbe accol￿15 give
Iiuc and f&ir view wl]i¢b is not ?1 mattel Cullsido'ed as p￿-t of an
indepelldent examiDnlion' or
4 tbe f￿arte1￿1 Slutenlenls Iiave llot been prepared iu acLOI'(l£wce with tb
Jllcthods And PiilLciples of die Stal'emLllt 0&'ReCo￿￿ll£ll({Cd Pi'actice ktir
accoiintiug and itpoi'tin¥ by Ch￿.111e5 applicuble lo charities prep￿Ill￿
theii. &ccoiints ill accordallce with die Financial Rci?orting Slandai'd
applic8blL ill tkne UK and Repiiblic of Th'eland (fRS 102).
TELe 'liii8lees bave assessed tliut the Clirrellt and fiiture filltiiicial posilion does nv
llpacl upon Ihe assuillptioiis diRt the ch&ii'ily is ll going Loncein.
I have iio concerns alld have Lonie across no other tnatlei8 ill collneLtion wi
the examillalioii lo wliich ultenlion slIDiild be dLawn in tbis i'eporl in ol'd￿,
to el￿ble a PIOPLI. IindLrstandin8 (If tlie finuncial st2itcmLllt4 to be reached.
N Simliills FCA
Simkins AssociErtes
.Biills F￿.￿
Main Ru&d
Great HAywood
Slutfoi-dshire
ST18 O'FF
20th
vember 2024

THL J2iMF.S AND ADA ROBB CHARTTY
STA TEfvIFNT OF fNANCIAL ACTIVITIES
INCLUDtNG INCOME ItlYD EXPFNDITURE, ACCC)UN'I
for the year ended 5 April 2024
21124
Total
21)23
rotal
Income
CApital
Ittcomlng re30ufLes
Ch8illtabLe activities
Resid¢nls' Colltribiitiolls
Inveslmenl income
Dividttyjd £￿d interest payrllents
Iulerest received
58,560
58,560
55,944
6.568
255
6,568
255
5,63Q
40
Total Incomimg resources
65,383
65.383
61,614
Resources expended
Invest]nellt munagethent C08ts
Porttolio mallELgem¢nt
2,522
2,522
2,38?
Charitable activities
l¥opety expenses
Christmas gift5 to residellts
33.876
2,474
33,876
2,474
32,577
2,415
Supporl costs
Admini5tiation
38,872
38,872
37,374
1,863
1,863
2,230
Cost ot Charitable activities
40,735
40,735
39,604
Gove1JE￿eQ
Accountancy
Independent L'xallliner's f¢e
1,500
1,425
1,500
1,425
1,500
1,350
TotAI resour¢¢g expended
43,660
43,660
42,454
Net Incoming
resoureos for the yollr
21,723
21,723
19,160
Recognised gnins and (lo$soA)
tnvestinents
R¢tdised
UnreaLis¢d (NotL' 4)
(339)
11,971
(339)
11,971
2,076
(12,710)
Net niovoment in &'und5
33,355
33,355
8,52C>
B￿nnLe% 2t 6 Apiil 2023
274,680
1,840,546 2,115,226 2,lQ6,70Q
308,035 £1,840,546 £2,14X,581 £2,115.226
The statemeut of t.￿ancial llcl'iviLies includes (ill gdills and los.%es
ieci)gnised in diL year. All iiicollie alld expLTdilure dLrives £rom conlilliiiug
clivitlC5. The .st&tement ol""fmÉiiiciaL a¢tivilies &lso complies with thL
requu'e]nL'Dt8 for illLome Illid expL'ndiiure aLcount iuider the Companies Act
2006.
Balattl.￿ *t S April 2024

JAMIS AND ADA ROBB CHARITY
BALANCI SHEET 5 April 2n24
2024
202J
Fixed Assets
Freehold Property
Investsnellts
1,8?0,000
313,786
1.820,000
?47,971
9 133,786
2.067.971
Currellt A35ets
Debtors
Bank Balances
4,775
16,346
3,946
49,081
21,121
53.027
Creditoys: amoun15 falling due
witbin one year
Swidry creditors
6,326
5,772
Net Current Assets
14,795
47,255
Tot#1 A￿e¢S less Current Llnblllties
£2,148,581 £2,115,226
Unrestrlcted Fullds
Cupitsl Fi￿d
1,840,546
1,840,546
tncojne Fi￿dS
Major Repairs Ileguve
Accumulaled In¢ome
53,851
254,184
53,851
220,829
£2,148,581 £2,115,226
The compjny is entitl¢d to the exemption fi'om the uudit reqiiirement
collluined in section 477 of the Cojnpllnies Act 2006 for dle year ended
5 April 2023. No member of tlie compllny has deposited & noticej piirsuaat to
S'ectiou 476, requiring an audit of ibese acCol￿tS.
Tbe Trust¢e5' responsibilities toi ensi]ring thot tbe C'harity Ice¢ps aceouoting
i'ecor(L8 which ciy]nply wilh seLtion 386 of the Ao'l 8nd for prL"paring uccoullts
which giv¢ a truL fair view of tbe state of affairs of the company as at
tlie of th¢ finLtncial year and of its AllLO]ning res01￿CeS l￿d application
of rcsoill'ces, inclLI(liiig its income gnd expeiiditure foi the fmancitil year
in aLLordance with the requll'ements oEsectlOllS 394 and 395 and which oiherwise
coniply wilh the requirejnents ofthe Coinpallie5 Act 2006 relating to uccounts,
o fay as upplicable to the company, ]Mve been met.
Tb¢ acco[￿t5 httve bLen prepared in aL'CoI'd￿Ce wtih the provi8ioiis applicablc
to compmie.¥ siibjLct to tlie srnall compgnies, regime.
The uccoiints on pages 5 t<) 12 were approved by the Trustees i)n 20th Novembcr 2024
t￿d sigued on their beh&lf by:
If
L, J Gupwell - Chuirmlln

'1 HL JAfvILS Af+lD AL)A K()JSIS CFIAICI'I'Y
NOTEI S TO THE FINANCIAL STATEI MLI'NTS
lor the year ended 5 April 2024
l. Accoiintlng Poliele8
Charity Informlltion
The Jatnes & Ada Robb Charity IS Gl privale company limited by guarantee
incorpor£lled in England and Wale5. The registered office is Grove f<lrn]
Bungalow, Lincomb, Stourport oil Severn, Worcestershire, DY13 9RB.
(￿) Accounting coiiventioll
These &ccounts Iiave been prepared in accordaiice witli the 'AccoLinting and
Reporting by Charities.. Slalement of Reconynended Pracli¢e c1pplicable lo
Gharilies prepartng their accoulltants in accord<ince with the Financial
Reporting Stand¢1rd applicable in the UK and Republio of Ireland, (FRS 102)
(effective l January 2019) The Coinp&iies Act 2006 and Geiierally Accepted
Accounting Practice.
Tlie Charicy 18 a PLiblic Benefit Entity as defined by FRS 102.
The ac¢oLm18 are prepared in sterling, which is the fiinctional CLirren¢y
of tlie Charity. MDnetary amounts in tliese tlli&ncial stalcmenls are
rounded to the nearest £.
The aceoiints have beeii prepared uiider Ilie historical cost ¢onvenlLoll,
modified lo include the revallllc lion of freehold properties and to include
inveslmeiil properties and certain finaLicial inslnunenls al fair valiie.
The principal accounting policxes tldopted are sel out below.
(b) Fuiids
Unrestricted funds are available for use at the discretion of the
TNstees in furiheriG nce of the general objectives of the Charity.
Design&ted tiinds are Iliose fLinds which are unrestricted in ttakire bLII
wbich have been designated by the Tnistoes lo be used in a PErticular
m<lnner.
Restricted ti￿d8 are funds which are to be used tn accordance with
specific restrictions inip08ed by donoiB or which have been raised by the
C'harity for particular purposes. The c05t o'Fi'aising and administering
such fund8 1( re cliarged against the specific fund. The Cliarity has no
restricted funds.
(c) Illconie reiognitlon
All illcoiniiig resources are iiioluded in the Statement of Financi(11 Activities
(SOFA) when the Charity is legally entitled lo the income after any
perfonnan¢e conditioi]s have been ￿et, die ainount can be mea.gured reliably
and il Is probable that Ili¢ income will be received.
lllconie from charitable activilies includes regidents, contributions for
their occupatioii of the Charity's bungalows and is included when il becomes
due oli a weekly basis,

'X'HL JI¥.VILI b A￿4 D AUA IIUBII L EIAIII'I Y
NOTES TO THE filNANCIAL STA'f£i iMENTS
for the yeur ended 5 April 2024 {¢ontiniied)
{c) Iiicome i'ecognilion (conliniLed)
Inveslnient incoine is eanied thi'ough holding assets for investment purposes
sucL as stocks t￿d Shares, It includes divideiids and interest p&ymenls.
Wheie it is not pfKicli¢able to identify investtnenl rnanagemellt costs incurred
within a scheme wiLh reasonable accuracy tlie investment income is reported
nel of these costs, It is included when Llie atnoiinl C¢ill be measured
reliably. Interest income is recognised using the effective interest method
and divi(lend income is recognised as the Charitys right to receive Pc1yment
is ¢stablisbed.
(d) Ei xpelldlture recognltlon
All expenditure is accounted lor on an accrLia18 basis and I￿S been
classified under the beadings tliat aggr¢gate all costs related to the
categoi-y, Expenditure is recognised Whe￿ there is a legal or conslnLCtive
obligation to make payments lo third parties, il is probable that settlement
will be required alld Ille amount of Ilie obliDation cali be measiired reliably,
Ii is categoi-ised linder the folIoiving heGiding8',
Expendilure on ¢haritable aclivLties illcludes the uplceep of &lmshouses attd
benefits for residents as well as the adminislralive costs.
Other expendi￿re represents tEiose items not falling into the categories
above,
Irrecoverable VAT is cli&rged us an expense ag¥iinsl d]e actlvlty foT which
the expendiNre ￿ose,
(e) Goveriiance costs
GOVern￿]Ce c081s inclLide those costs &ssocialed with rneelirLg the
Consti￿110nd1 alld s&iNloiy reqiiiremen18 of the Charity and incliide
independent examinaiioll fee8 alld cos181È2thed lo Ilie strategic ￿&￿agement of
the Charity,
(fj riixed As$et5
Purchases of land t￿d bLiildings capitali8ed &t 0081. As8el8
doii&led to Ibe trLlSt or acqull'ed al less than their current value
are c&pilalised al Llie cl1rr￿It valiie al the date of acqiiisition.
The Charity owiis fO￿teen 8elf-contained biingalow8. The bungalow8 were
valued iii J£miiary 2022 by Deall Taylor MRtCS at £1,820,000 aiid are
included in the financial sl<ltements at this Fair value, The increase ill
tnarket value arising frorll the revaliiation was £620,000,
(g) Investment$
liiv¢sttnent8 are recogni8ed initially at fair Vcilue which 18 nonnally the
-I￿SactIon pri¢B including IrELnsactton costs. Siibsequelltly tbey are
measiired at fair valiie with changes recognised in 'iiet gainsl(Iosse5) on
inveslrnellts, in the SOFA if the shE￿¢S al'e publicly traded oi- their fair
value can otherwise be measiired i'elii( bly. Ot'her investmeiil% are mea8ur¢d at
cost less ijnpairment.

I'HL< JèifvlLI S èU)A KUIIB LHAKI'I'Y
NOTES TO THE FINANCIAL STA Tl( LVIEIYTS
for the year ended 5 Aprll 2024
(g) Investment5 (conliniied)
Currellt asset investments £￿e short lertll higlily liouid investrnenls and are
Leld &L fail. value. These include cash oll deposit d cftsh equivalents with
a MaIL￿lty of less than one year.
(h) Debtors and creditor5 receiv*ible/payable within oiie year
Debtors and creditors WLlh no Sl&ted interest rale and receivable or payable
within oiie yeGir are recorded al tr￿18￿CtIo# price. Any10sse8 arising from
iznpallnient are reGognised in expendirtire.
(i) TAX
The Charity is an exetnpt cliarily within tlie inealling of Schediile 3 0£ the
Charilles Act 201 l and is considered to pass the lesls set out in P&ragr&ph
I Schedule 6 Fiiiance Act 2010 and therefore meets the deflllltion of a ¢harily
for UK corporation for lax purpobes,
(l) Going concern
As 81 April 2024, tlie Charity h￿d an uivestmenl por￿0110 with a market valiie
of £297,607. As ¢115 Api'il 2023 the market value of tIie investrlleiil portfolio
w&s £243,771.
The finanGial statements have been prepared on a going concern basis as the
Trustees believe that no znalerial uncerlainlies exist, The Tlvstees have
considered the level of fiinds held and the expected level 0£ incotne and
expeiiditure for 12 months from auihoiising these financial stalemenls, The
biidgeled income and expendimre is $Lifficient with Ilie level of reserves for
the Charity to be able lo continue as a going concern.
2. Trustees, RemiineratiOD Aiid Expeiises find RelAted Pai'ty Trllnsactions
No rernuneralion or expenses wei'e paid oi. payablc in respect of the year
oiit of the ftinds of tlie Charity either directly or indirectly to atiy Trustee or to
any person or persons l<Jiuwn lo be ¢onnecled with them except as 9￿ted below.
Mrs S.M. Ciitler, a Trust¢e, 18 a director of Shona Cutler Limited to who
£3,240 was paid for administration services provided to LEie Tnistees.
Mi's J.J. Gupwell, the wife of one of the T￿sleeS, was paid £123 for
accouiilancy and secretarial service8.
3. Employees
There ivere iio full or parl time eInployee8 during the year.

.1 JANILI S AtNiD AL)A IIUIIIS LHAHI'I'Y
NOTfi.S TO THE FtNIiNCIAL STATEfvILIYTS
the year endeil 5 April 2024 {continued)
4. Investinenls
2024
2023
Cvst
At 6 April 20?3
AcquisÉtiOllS
Disposals
217.348
52,049
(10,184)
208.684
19,002
(10.338)
Ai 5 April 2024
259,213
217,348
Siirplus on revttliiatlon
At 6 April 2023
(Decrease) / Increase diiring the year
26,423
11,971
39,132
(12,709)
Ai 5 April 20?4
38,394
26,423
M.Irkel V&liie
Al 5 April 2024
£297,607
£243,771
Investments ut TrIArket Vfilue cotnpri5ed:
Fixed lllterest
UIC Equities & fiinds
Overseas Equities & funcLs
Aliernative assets
Property ftinds
70,953
67,142
120,067
30.997
8,448
31,314
66,596
106,185
20,913
8,763
297,607
16,179
243,771
4,200
Ulliiivesled cash
£313,786
£247,971
Al 5 April 2024 the chtirily.held the following investmenis individually
repre.8entingT in excess of 5 % of the total value OF the portfolio,.
Market
Valiie
Cost
Artemi8 Income Fiind E
14,782 Iiicome units
5.44
13,722
16,213
BNY Mellon Newton Global Income Fund
11,107 U Iiicome Linits
7.37
12,238
21,928
Fil UK Glob1( l Dividend Fund
9,400 W Income iinit8
7.52
17,931
22,391
Lind8ell Train UK Eqiiity .Fund
5,775 hicome units
6.51
17,747
19,390
Findlay Park American ICAV
110 l incoille uiiits
6.25
16,516
18,602
Liontrust Special Situations
3.500 Incoine units
5.69
17,014
16,947
J P Morgan UK Equity In¢ome Fund
10,099 C Income units
5.41
7,971
16,118
io

TFif JAMES AND AI)A IIOBB CHARITY
NtsTtS TO TEIE FINANCIAL STATITrIENTS (continued)
For the year ended 5 April 2024
4. Investments (continued)
The fatr value of listed it]v¢%tmentS is determined by r¢tei'ence lo the quoted
pricc lor Id￿lIse&l a5SLts in all active market at Ihe balance &ht¢t date.
All investments ￿.¢ ctuiied Al ttLeir fau" valiic. IzivLsthieiits in equities
and fixed interest se¢uritie.s are all ts'aded in quoted public mFll'k¢ts,
piID]arily the London Stock Exchattge. Holdings in CODllnOD investment funds,
unit trusls and opell-ellded investmeJJt conipanies ure at the bid price. The
btLSiS of fair value foi, (￿Oled iuv¢stments is equivalent to th¢ mtwket
vaRii¢, I￿l￿g the bid price. Asset sales knd piwchases are recognised at
ihe dale of ts'ad¢ it cost (thal is thell. tratssaction vttlue).
The rÈsk to the Cbai'ity fro]n fillaucial instrumellts lies in the
combiti&lion ot iincertain investtnent markets Éwd volotiEity in yield. The
CbaTity is not reltant ou dividend yieLd to fiuance its work. Liquidity risk
is allricipated to be low as all assets are trnded. The Churity'.8
inv¢stmellts are maillly traded in marIcets with good Iiqiudity un(I liigli
trading volumes. The CIMI'ILY has no mllteri￿ investmellt holdings in
D]arkels siibject to excl]auge contt'ols or tradiug restsictions.
The Charity manages these investment rtsks by irtllilling exp￿￿ advisors
nd operatJllg all investrnent policy tknt pi'ovid¢s for a high degLee of
diver5iti¢ulion of boldiugs withill luvest￿ellt classes that aTe quoted ou
re¢ognised stock exchanges. The Ch￿lty does not llwke us¢ of derivative8
and similar coinplex fjnancial in5truJnenls as il tukes t￿e view that
investments w'e beld for theii. longei. term yield total retiirn and
historic Studies of quoted finanL'i81 insUillJents liave showll tbat
volatility in ally pailicular 5 year period will noiThally be L'OITected.
5. Debtors
2024
2023
IllSiLrance paid ill adv&mce
Residcllts, contribution
Prepaid Acoued Interest
1,326
3,331
118
1,139
2,607
4,775
3,946
6. Llr4bllitiey: Amoullts fp4lAlng due within ont year
2024
2023
Shona Cutler Lllnited
Mrs J.J. (Jupwell
sitt￿Ins A550ciates
SevLrn Irenl
Fiiiids owed to Agent
2,000
1,350
1,350
1,116
510
2,000
1,350
1,350
562
510
£6,326
5,772

THF. ,IAML.S ANI) ADA ROBB CHAiiirY
NOTfs TO TFIE fiNANCLiL ,STATF,IIIKNTS (coiitinued)
Foi, tbe year ended 5 April 2024
7. Movements in Fullds
CApRt81
Fund
Major
Rep&irs
Aecumulate(I
Income
Total
At 6 April 2023
1,840,546
53,851
2?0,8?9 2,115226
Net movernent in fiLnds
foi tlie ye￿. (page 5)
33,355
33,355
At 5 Api'il 2024
£1,840.546
£53,851
£254,184 2,148,581
8. Analysis of Assets betweeii Funils
Capitsl
Fund
Major
Repairs
Accumulated
Income
T()tal
At S Aprll 2024
FTeePLold pEop￿tieS
Lisled inVeSt￿ents
Uninvested cash
Bkllth balunces
Debtoi's
1,820,000
20,546
1,820,QOO
297,607
16,179
16,346
4,775
53,851
223,210
16,179
16,346
4,775
1,840,546
53,851
260,510 2,154,907
Les5 CLrditoL.4
(6,326) (6,326)
1,840,546
£53,851
254,1114 2,148,581
At 5 April 2023
rreehold pi'opeities
Lisled invesltllents
Unillve.¥led Lash
Balllc balÉiiices
Debioi's
1,820,000
20,546
1,820,000
243,771
4.200
49,081
3,946
53,851
169,374
4,200
49,081
3,946
1,1140,546
53,851
226,601 2,120,9911
Le&9 Ci'editot%
(5,772)
(5,772)
I.840,546
£53,851
220,1129 2,115,22(i
12