2021-03-31-accounts

MrsSJPFlower	(Appointed1October
	2019)
MrC CAndreae	(Appointed1October
	2019)
RathboneTrustCompanyLimited	(Appointed1October
	2019)

Charitynumber	1186325
Independent examiner	MrDavidMatkins
	BournerBullockCharteredAccountants
	SovereignHouse
	212-224ShaftesburyAvenue
	London
	WC2H8HQ
Solicitors	Currey&Co
	33QueenAnneStreet
	London
	W1G9HY

	Page
Trustees'report	1-3
Independentexaminer'sreport	4
Statementoffinancialactivities	5
Statementoffinancialposition	6
Notestothefinancialstatements	7-12
Scheduleofinvestmentsandincome	13-19

		2021
	Notes	£
Income
Donationsandlegacies	3	362,455
Investments	4	5,411
Totalincome		367,866
Expenditure
Charitableactivities	5	11,760
Netgains/(losses)oninvestments	10	32,470
Netmovementinfunds		388,576
Fundbalancesat1October2019		-
Fundbalancesat31March2021		388,576

		2021
	Notes	£	£
Fixedassets
Investments	11		387,485
Currentassets
Debtors	12	378
Cashatbankandinhand		927'I
Creditors:amountsfallingduewithinoneyear	13	(1,560)
Netcurrentassets
Totalassetslesscurrentliabilities
Incomefunds
Unrestrictedfunds			388,576
			388,576

		Unrestricted
		funds
		2021
	Donationsandgifts	362,455
4	Investments
		Unrestricted
		funds
		2021
	Incomefromlistedinvestments	4,227
	Incomefromunlistedinvestments	930
	Interestreceivable	254
		5,411

	2021
Grantfundingofactivities(seenote6)	5,000
Shareofsupportcosts(seenote7)	1,180
Shareofgovernancecosts(seenote7)	5,580
	1 1,/J¼)

	2021
Grantstoinstitutions(3grants):
Heritage&Archaeology	3,000
Community	2,000

Supportcosts
	Support	Governance	2021
	costs	costs
	£	£	£
RathboneInvestmentManagement	1,180	-	1,180
BankCharges	-	60	60
Independentexaminersfee	-	1,560	1,560
Legalandprofessional	-	3,960	3,960
	1,180	5,580	6,760
Analysedbetween
Charitableactivities	1,180	5,580	6,760

Theaveragemonthlynumberofemployeesduringthe18monthperiodwas:
	2021
	Number
Total	-

	Unrestricted
	funds
	2021
Revaluationofinvestments	21,238
Gain/(loss)onsaleofinvestments	11,232
	32,470

	Listed	Cashin	Total
	investments	portfolio
	£		£
Costorvaluation
At1October2019	-	-	-
Additions	825,189	-	825,189
Valuationchanges	11,232	-	11,232
Unrealisedgains	21,238	-	21,238
Cashgenerated	-	22,564	22,564
Disposals	(492,738)	-	(492,738)
At31March2021	364,921	22,564	387,485
Carryingamount
At31March2021	364,921	22,564	387,485

12	Debtors
		2021
	Amountsfallingduewithinoneyear:	£
	Otherdebtors	378
13	Creditors:amountsfallingduewithinoneyear
		2021
	Tradecreditors	1,560

Donationsmadeduringtheyear
	2021
VentnorBotanicGardensFriendsSociety	500
IsleofWightHighSheriffsTrust	2,000
FulhamPalaceTrust	2,500
	5,000

Holding	MarketValue	Additions		Disposals	Disposals	Realised	Unrealised	Holding	Holding	MarketValueGrossIncome	MarketValueGrossIncome
1October20191October2019		Quantity	Cost	Quantity	Proceeds	Profit/(loss)	Profit/(Ioss)31March		2021	31March2021
	£		£		£	£	£	£		£	£
AllianzTechnologyTrustPlc
OrdinaryGBP0.25
		380	9,706				592		380	10,298
BlackrockFundManagersLtd
EuropeanDynamicFdInc
		3,800	9,140				37		3,800	9,177
CarmignacGestionLux
CarmignacEuropeanLeadersBGBPAcc
		5,100	7,078				533		5,100	7,611
CoupiandCardiffFunds
JapanAlphaTJpyAcc
		1,900	14,586				4,613		1,900	19,199
FilInvestmentServices(Uk)limited
GlobalDividendWIncNav
		7,500	15,459								37
			(135)								180
											40
							306		7,500	15,630	89
FirstSentierInvrs(Uk)FdsLtd
FssaGreaterChinaGrowthBGBPAcc
ChangedfromFirstStateInvestmentsGreaterChinaGrowth		BNavon22/09/2020
		25,040	249,140	23,640	259,723	24,513					11
			11								216
			216				5,253		1,400	19,410

Holding	MarketValue	Additions		Disposals	Disposals	Realised	Unrealised	Holding	Market	ValueGrossIncome
1October20191October2019		Quantity	Cost	Quantity	Proceeds	Profit/(loss)	Profit/(loss)	31March2021	31March2021
	£		£		£	£	£	£	£	£
GemcapInvestmentFundsIrelandPlc
AhfmDefinedReturnsBUSDCapHgd
		16,000	14,655				(92)	16,000		14,563
HermesInvestmentFund
EmergingAsiaEquityFIncNav
		7,100	15,454	7,100	13,746	(1,703)				162
			(5)
InvescoFundManagers
IpEuropeanEquityIncomeZInc
		3,200	11,453	3,200	8,577	(2,855)				11
			(21)
(shares
Ftse100FundNav
		9,900	71,500	7,400	55,409	1,965
				2,500	16,306	(1,750)
JPMorganAssetMgrs(UK)
USEquityIncCInc
		4,200	15,402	4,200	15,402					44
JpmorganFundsLtd
USEquityIncKGBPNetIncUnhdg
		12,127	15,402							95
		3,873	4,071							112
			(46)							102
			(17)				1,438	16,000		20,848

Holding	MarketValue	Additions		Disposals	Disposals	Realised	Unrealised	Holding	MarketValueGrossIncome	MarketValueGrossIncome
1October20191October2019		Quantity	Cost	Quantity	Proceeds	Profiti(loss)	Profit/(loss)	31March2021	31March2021
	£		£		£	£	£	£	£	£
JupiterUnitTrustManagers
JapanIncomeZhGBPDis
		14,000	14,555	3,000	2,889	(230)				68
			(73)							126
							1,443	11,000	12,806	124
LinkFundSolutionsLtd
TrojanXInc
		14,000	15,403							18
			(16)							44
							657	14,000	16,044	20
LinkFundSolutionsLtd
TrojanIncomeXDis
		18,000	19,888							151
			(254)							199
							(2,836)	18,000	16,798	274
Liontrust InvestmentFunds
LiontrustSpecialSituationsIFund
		2,500	10,570				1,141	2,500	11,711
M&GSecuritiesLimited
GlobalMacroBondJGBPDisUnhedged
		11,000	11,745							37
			(34)							74
										59
										48
							(84)	11,000	11,627	35

Holding	MarketValue	Additions		Disposals	Disposals	Realised	Unrealised	Holding	MarketValueGrossIncome	MarketValueGrossIncome
1October20191October2019		Quantity	Cost	Quantity	Proceeds	Profitt(loss)	Profiti(loss)	31March2021	31March2021
	£		£		£	£	£	£	£	£
M&gSecuritiesLimited
NorthAmericanDividendPpGBPDis
		17,000	18,922				759	17,000	19,681
MaitlandInstitutionalServicesLtd
MiChelvertonUkEquityIncomeBShsDis
		12,000	15,332							66
			(29)							117
							(1,336)	12,000	13,967	84
MarlboroughFundManagers
SpecialSituationsPAccums
		830	15,577							6
			6							27
			27				3,794	830	19,404
NestleSA
CHF1(Regd)
		1,252	99,254	1,252	96,681	(2,573)
NinetyOneFundManagersUKLtd
UKAlphaSeriesIClJIncomeShsGBP
ChangedfromInvestecFundManagers	SeriesIUKAlphaJNetIncNayon27/04/2020
		14,000	18,879							181
			(137)				(1,022)	14,000	17,720

Holding	MarketValue	MarketValue	Additions		Disposals	Disposals	Realised	Unrealised	Holding	MarketValueGrossIncome	MarketValueGrossIncome
1October20191		October2019	Quantity	Cost	Quantity	Proceeds	Profitl(loss)	Profit/(loss)	31March2021	31March2021
		£		£		£	£	£	£	£	£
SchroderUnitTrusts
AsianIncomeLInc
			21,000	15,379							102
				(183)							277
								1,581	21,000	16,777	235
SchroderUnitTrusts
RecoveryLInc
			23,000	14,873	23,000	9,662	(5,211)
SPDRTrust
S&PUSDividendsAristocrats
			330	15,324	430	18,649	(556)				86
			100	3,881							109
											110
											126
SPDRTrust
SPDRS&P500UCITSETF(GBP)
			75	19,146							79
											73
											65
											63
								2,498	75	21,644	59

Holding	MarketValue	Additions		Disposals	Disposals	Realised	Unrealised	Holding	MarketValueGrossIncome	MarketValueGrossIncome
1October20191October2019		Quantity	Cost	Quantity	Proceeds	Profitl(loss)	Profitl(loss)	31March2021	31March2021
	£		£		£	£	£	£	£	£
TBaileyFundServicesLtd
TbEvenlodeIncomeCDis
		7,800	19,771							79
			(109)							103
			(72)							103
			(11)				(1,782)	7,800	17,797	104
TBaileyFundServicesLtd
EvenlodeGlobalIncomeFGBPDis
		12,000	15,222							29
		3,000	3,364							74
										85
							809	15,000	19,395	85
ThesisUnitTrustManagementLtd
TmCruxEuropeanSpecialSitsIGBPDis
ChangedfromFundPartnersLtdCruxEuropeanSplSituationsIIncGBPon03/10/2019
		4,900	11,480	4,900	11,096	(368)				35
			(16)							76
ThreadneedleSpecialistInvestFund
USEquityIncomeLGBPInc
		5,700	15,370							49
			(38)							93
										88
										82
							1,131	5,700	16,463	85