2021-04-05-accounts - The Probert Charitable Trust

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`ReportoftheTrustees'`	`1-2`
`IndependentExaminer'sReport`
`StatementofFinancialActivities`
`BalanceSheet`
`NotestoAccounts`
`ScheduleofInvestments`

		`Unrestricted`	`Expendable`
	`Note`	`fund`	`endowment`
`Incomeandexpenditure`
`Incomingresources`
`Incomefrom:`
`Donations`	`2`			`20,000`	`132,118`
`Investments`	`2`			`711`	`339`
`Total`				`20,711`	`132,457`
`Resourcesexpended`
`Directcharitableexpenditure:`
`Grants/Donations`	`3`		`42,085`	`42,085`	`25,000`
`Otherexpenditure` `:`
`Managementandadministration`	`4`			`2,786`	`1,137`
`Totalexpenditure`			`42,085`	`44,871`	`26,137`
`Netincome/(expenditure)`
`beforeinvestmentgains/(losses)`			`(22,085)`	`(24,160)`	`106,320`
`Netgains/(losses)oninvestments`
`Realised`					`25,432`
`Unrealised`				`920`	`26,790`
`Totalinvestmentgains`	`6`			`920`	`52,222`
`Transfersbetweenfunds`	`9`		`(2,566)`
`Netmovementinfunds`			`(23,731)`	`(23,240)`	`158,542`
`Reconciliationoffunds`
`Totalfundsbroughtforwardat6 April2021`			`226,566`	`226,705`	`68,163`
`Totalfundscarriedforwardat5 April2022`			`202,835`	`203,465`	`226,705`

		`Unrestricted`	`Expendable`
		`fund`	`endowment`
		`£`	`£`
`Fixedassets` `Investments`	`(atmarketvalue)`	`-`	`190,800`	`190,800`	`153,970`
`Currentassets` `Incometaxrecoverable`		`-`	`1,250`	`1,250`	`1,250`
`Cashatbank`	`andinhand`	`2,510`	`13,365`	`15,875`	`74,265`
		`2,510`	`14,615`	`17,125`	`75,515`
`Creditors:amountsfallingduewithinoneyear` `Accruals`		`1,880`	`2,580`	`4,460`	`2,780`
`Netcurrent`	`assets`	`630`	`12,035`	`12,665`	`72,735`
`Totalassets`	`lesscurrentliabilities`	`630`	`202,835`	`203,465`	`226,705`
					`2021`
		`Unrestricted`	`Expendable`
`FundsoftheCharity`		`fund`	`endowment`
		`£`	`£`
`Totalfunds`		`630`	`202,835`	`203,465`	`226,705`

						`2022`	`2021`
			`Unrestricted`		`Expendable`
`2.`	`Incomereceived`		`fund`		`endowment`	`Total`	`Total`
			`£`		`£`	`£`	`£`
	`Donations`
	`CAFdonationsreceived`			`-`	`-`	`-`	`80,000`
	`Investmentdonationsreceived`			`-`	`20,000`	`20,000`	`52,118`
				`-`	`20,000`	`20,000`	`132,118`
	`Investmentincome`
	`Dividendsreceived`		`711`		`-`	`711`	`339`
			`711`		`20,000`	`20,711`	`132,457`
						`2022`	`2021`
`3.`	`Directcharitableexpenditure`		`Unrestricted`		`Expendable`	`Yotal`	`Total`
			`fund`		`endowment`
			`£`		`£`	`£`	`£`
	`Charitabledonations`
	`SuffolkCommunityFoundation`			`-`	`25,000`	`25,000`	`25,000`
	`FreshStartNewBeginnings`			`-`	`2,300`	`2,300`		`-`
	`Lepra`			`-`	`2,500`	`2,500`		`-`
	`BuresCommunityCentre`			`»`	`385`	`385`		`-`
	`Stoke-by-Nayland- StMary`			`-`	`1,000`	`1,000`		`-`
	`DominicBarketTrust`			`-`	`200`	`200`		`-`
	`WedmarHospiceCare`			`-`	`6,700`	`6,700`		`-`
	`ReachcommunityPR`			`-`	`3,000`	`3,000`		`-`
	`PriscillaBaconHospice`	`’`		`-` `-`	`1,000` `42,085`	`1,000` `42,085`	`25,000`	`-`

	`ThedonationtoSuffolkCommunityFoundationwasdistri` `asfollows:`	`butedinaccordancewit`	`hthe`	`principalaim`	`sandobjectiv`	`esof`	`thecharity,`
				`£`	`£`		`£`	`£`
	`HomeStart- MidWestSuffolk`			`-`		`-`	`-`	`5,000`
	`MusicinOurBones`			`-`		`-`	`-`	`5,000`
	`NewmarketOpenDoor`			`-`		`-`	`-`	`4,000`
	`ReachCommunityProjects`			`-`		`-`	`-`	`4,000`
	`SuffolkYoungPeople'sHealthProject`			`-`		`-`	`-`	`2,000`
	`TheBasicLifeCharity`			`-`		`-`	`-`	`5,000`
	`DanceEast`			`-`	`4,500`		`4,500`	`-`
	`FootstepsWalkingWithYou`			`-`	`2,000`		`2,000`	`-`
	`HappyDaysChildren'sCharity`			`-`	`1,008`		`1,008`	`-`
	`Huntington'sDiseaseAssociation`		`2`	`-`	`2,000`		`2,000`	`-`
	`SomethingToLookForwardTo`			`-`	`6,000`		`6,000`	`-`
	`SuffolkLibraries`			`-`	`3,750`		`3,750`	`-`
	`TheMixStowmarket`	`*`		`-`	`2,000`		`2,000`	`-`
	`SuffolkCommunityFoundation`			`-`	`3,742`		`3,742`	`-`
				`-`	`25,000`		`25,000`	`25,000`
							`2022`	`2021`
			`Unrestricted`		`Expendable`
`4.`	`Administrativeexpenses`			`fund`	`endowment`		`Total`	`Total`
				`£`	`£`		`£`	`£`
	`Managementandadministration:`
	`Independentexaminationfee`			`220`		`-`	`220`	`200`
	`Accountancyfee`			`1,500`		`-`	`1,500`	`-`
	`Investmentmanagementexpenses`			`1,066`		`-`	`1,066`	`937`
				`2,786`		`-`	`2,786`	`1,137`

						`2022`		`2021`
`6.`	`Investmentsheldasfixedassets`	`Unrestricted`		`Expendable`		`Total`		`Total`
		`£`		`£`		`£`		`£`
	`Marketvalue6 April2021`		`-`	`153,970`		`153,970`		`64,787`
	`Additionsatcost`		`-`	`35,910`		`35,910`		`143,985`
	`Disposalsatopeningmarketvalue`		`-`		`-`		`-`	`(81,592)`
	`Netunrealisedinvestmentgains/(losses)`		`-`	`920`		`920`		`26,790`
	`Marketvalueat5 April2022`		`-`	`190,800`		`190,800`		`153,970`
	`Costat5 April2022`		`-`	`163,090`		`163,090`		`127,180`

	`Investmentswererevaluedatmiddlemarketvalueatthe`	`Investmentswererevaluedatmiddlemarketvalueatthe`	`Investmentswererevaluedatmiddlemarketvalueatthe`	`yearend.All`	`yearend.All`	`investmentsareheldwithintheexpendableendowmentfund.`	`investmentsareheldwithintheexpendableendowmentfund.`	`investmentsareheldwithintheexpendableendowmentfund.`	`investmentsareheldwithintheexpendableendowmentfund.`	`investmentsareheldwithintheexpendableendowmentfund.`	`Theportfolio`
	`isheldinEquitiesandFundsmanagedbystockbrokers,J`			`MFinn.`
										`2022`	`2021`
	`Investmentsheldin:`									`£`	`£`
	`NorthAmerica`									`50,179`	`46,396`
	`UK`									`10,907`	`33,804`
	`Europe`									`23,952`	`28,040`
	`Global`									`72,807`	`14,595`
	`AlternativeStrategies`									`32,955`	`31,135`
	`Marketvalueat5 April2022`									`190,800`	`153,970`
										`2022`	`2021`
								`Unrestricted`	`Expendable`
`7.`	`Cashatbankandinhand`	`’`						`fund`	`endowment`	`Total`	`Total`
								`£`		`£`	`£`
	`Cashinhand`							`-`	`10`	`10`	`10`
	`BarclaysBankPLCcurrentaccount`							`-`	`5,313`	`5,313`	`9,800`
	`JM Finncashdeposit`							`-`	`9,502`	`9,502`	`64,116`
	`JMFinnincomeaccount`							`2,510`	`(1,460)`	`1,050`	`339`
								`2,510`	`13,365`	`15,875`	`74,265`
										`2022`	`2021`
								`Unrestricted`	`Expendable`
`8.`	`Accruals`							`fund`	`endowment`	`Total`	`Total`
								`£`	`£`	`£`	`£`
	`GTCProbert- Hewitson'sfee`							`-`	`2,580`	`2,580`	`2,580`
	`SafferyChampnessLLP`							`1,880`	`-`	`1,880`	`200`
								`1,880`	`2,580`	`4,460`	`2,780`
`9.`	`Movementinfundsfortheyearto5 April2022`
											`Fund`
		`Fundbalances`									`balances`
	`Fund`		`brought`							`Gainsand`	`carried`
			`forward`		`Income`			`Expenditure`	`Transfers`	`losses`	`forward`
			`£`		`£`			`£`	`£`	`£`	`£`
	`Expendableendowmentfund`		`226,566`			`20,000`		`(42,085)`	`(2,566)`	`920`	`202,835`
	`Unrestrictedfund`			`139`			`711`	`(2,786)`	`2,566`	`-`	`630`
	`Totalfunds`		`226,705`		`20,711`			`(44,871)`	`-`	`920`	`203,465`
	`Atransferfromtheexpendableendowment`	`fund`	`totheunrestrictedfund`				`wasmadetocoverthecostsofadministrationincurred`
	`duringtheperiod.`

`TheProbertCharitableTrust`	`Notestotheaccounts`	`Fortheyear6 April2021to5 April2022` `—_———ee—,————`	`Holding` `Investmentsheldat6 April2021` `Acquisitions/(disposals)` `Investmentsheldat5 April2022`	`No.of` `Market` `Cost` `shares` `value` `Date` `No.of` `Cost/` `shares` `(proceeds)` `Profit/(loss)` `No.of` `Market` `Unrealised` `Cost` `shares` `value` `profit/(loss)`	`£` `£` `£`	`NorthAmerica` `AmazonCommonStock` `20` `35,313` `46,396` `20` `35,313` `50,179` `3,782`	`UK` `AXAFramlingtonUnitManagement` `5,000` `23,507` `22,650` `5,000` `23,507` `23,165` `515`	`FinsburyGrowth& IncomeTrustOR` `1,300` `10,864` `11,154` `1,300` `10,864` `10,907` `(247)`	`Europe` `BaillieGifford& CoEuropeanB Acc` `800` `23,635` `28,040` `800` `23,635` `23,952` `(4,088)`	`Global` `HeraldInvestmentTrustORD` `700` `10,790` `14,595` `700` `10,790` `13,342` `(1,253)`	`ScottishMortgageInvTrustOrdGBP0.25` `2000` `22,362` `2,000` `22,362` `20,640` `(1,721)`	`HarbourvestGLBPRIEQORD` `600` `13,548` `600` `13,548` `15,660` `2,112`	`AlternativeStrategies` `RITCapitalPartnersPLCORD` `1,300` `23,072` `31,135` `1,300` `23,072` `32,955` `1,820`	`Total` `127,181` `153,970` `——————————————————————————————` `163,090` `190,800` `920` `Ce` `—``————————————————————————————————`