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2024-04-05-accounts

The Billmeir Charitable Trust

Financial Statements

Year Ended 5 April 2024

Charity No.: 208561

The Billmeir Charitable Trust

Report and Financial Statements for the year ended 5 April 2024

Contents
Page:
1
2-5
6-8
9
10
11-16
17		 Reference and administrative information
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes forming part of the Financial Statements
Appendix
Trustees Jason Whitaker
Suzanne Jane Marriott
Max Whitaker
Charity Registration Number 208561
Registered Office/Address Charles Russell Speechlys LLP, 5 Fleet Place, London EC4M 7RD
Charity Correspondent Tom Payne
Bankers Natwest Bank Plc, Finsbury Square Branch, PO Box 549, 78 Finsbury Pavement,
London, EC2A 1JA
Accountants Charles Russell Speechlys LLP, 5 Fleet Place, London EC4M 7RD
Legal Advisor Charles Russell Speechlys LLP, 5 Fleet Place, London, EC4M 7RD
Independent Examiner Berringers LLP, Lygon House, 50 London Road, Bromley, Kent BR1 3RA

1

The Billmeir Charitable Trust

Report of the Trustees for the year ended 5 April 2024

The Trustees present their report for the year ended 5 April 2024 under the Charities Act 2011, together with the financial statements for the year, and confirm that they comply with the requirements of the Act, the Trust Deed and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the financial reporting standard applicable in the UK and Republic of Ireland (FRS102) effective 1 January 2015.

- Organisational and Decision Making Structure

The Trustees are considered to be the Key Management Personnel of the Trust and are actively involved in the administration of the Trust. The Trustees meet annually to review applications for funding, investment performance, income levels and the financial statements. In between the Trustees' Meetings, relevant applications are considered and presented for consideration at the Annual Meeting.

Structure, Governance and Management

The Billmeir Charitable Trust is an unincorporated registered charity, established by Deed on 6 March 1956. Under the terms of the Deed, the Trustees have an absolute discretion to pay or apply the Trust Fund and the Income thereof for the benefit of, or in furtherance of, any charitable purpose wheresoever situated.

The Trustees are considered to be the Key Management Personnel of the Trust and are actively involved in the administration of the Trust. Trustees serve an indefinite term based on their relative experience and contribution to the Charity as a whole. The Trustees keep the skill requirements of the Trustee body under review and in the event that a Trustee retires or additional new Trustees are required, the existing Trustees collectively discuss the change. There is no formal induction or training of new Trustees. However, appointment is by nomination and the Trustees review the skills of each nominated person to select members with the relevant experience and skills.

On the agreement of all existing Trustees, a new Trustee may be recruited. The background to the Charity is provided to the prospective new Trustee before appointment and further information is then shared at the annual Trustees' meetings. This information includes a brief history of the Charity, a copy of the previous year's financial statements, a copy of the previous Trustees' Minutes, and a copy of the governing Trust Deed.

Funding requests are received by the Charity Correspondent who then forwards the relevant applications to the Trustees for consideration.

All Trustees give their time freely and no Trustee remuneration was paid in the year. Details of Trustee expenses and related party transactions are disclosed in note 4 to the accounts. Trustees are required to disclose all relevant interests and in accordance with the Charity's policy withdraw from decisions where a conflict of interest arises.

Risk Management

The Trustees are responsible for the management of the risks faced by the Charity. Risks are identified and assessed, and controls are established, throughout the year. A formal review of the Charity's risk management process is undertaken on an annual basis. The key controls used by the Charity include formal agendas and minutes for all Trustee meetings, comprehensive planning, budgeting and accounting and clear authorisation and approval levels of all grants and other expenditure.

Through the risk management processes established, the Trustees are satisfied that the major risks identified have been adequately managed. The major risks identified by the Trustees are financial, being the volatility of investment returns on the managed portfolio and the proper use of the grants given by the Trust each year.

2

The Billmeir Charitable Trust

Report of the Trustees for the year ended 5 April 2024 (continued)

Object, Objectives and Principal Activities for the Public Benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and planning future activities and setting the grant making policy for the year.

The current main aims of the Charity are:

The main objectives for the year are shaped by these strategic aims with a view to continuing to fund chosen general charitable causes in line with the Trust Deed.

The Charity carries out these aims and objectives by:

Grant Making Policy

The Charity has established its grant making policy to achieve its objectives for the benefit of the public in general. The Trustees search for appropriate beneficiaries principally in Surrey. Unsolicited applications are not welcome, and are very rarely successful. In a typical year around 50 grants are made, of which up to 30 may be described as regular. Financial circumstances will be relevant only in determining the amount of an award.

The Trustees have a particular focus on education and bursary provision mainly through endowments. This serves the community by promoting inclusion and diversity, and providing long term benefits and opportunities via a sustainable funding model.

The Trustees request reports from the recipients of their donations to provide details of how grants have been allocated and spent. Grants are only continued where the applicant provides sufficient relevant information to the Trustees and satisfies the Trustees that continuation of funding is in the interest of the Charity and are a benefit to the public as a whole.

Achievements and Performance

The total income of the Trust for the year ended 5 April was £7,054 lower than during the previous year. The Trustees are satisfied with the level of income received and that they have distributed and monitored a suitable level of donations to various organisations in line with the Trusts' objectives. It is apparent from the feedback received by the Trustees that the amounts provided to organisations have had a positive affect on their circumstances.

Investments are shown at fair value rather than cost in accordance with the Statement of Recommended Practice: Accounting by Charities. In the year to 5 April 2024, the Charity made a net realised gain on disposal of listed investments of £293,606 (year ended 5 April 2023: £77,476) and an unrealised gain on listed investments of £319,728 (year ended 5 April 2023: loss of £-717,451).

3

The Billmeir Charitable Trust

Report of the Trustees for the year ended 5 April 2024 (continued)

Financial Review (Including Reserves Policy)

The Trustees are pleased to report income resources for charitable purposes of £243,001 (year ended 5 April 2023: £252,018). Donations of £238,000 (year ended 5 April 2023: £215,500) were granted in the year.

The grant administration and governance costs of the Charity for the year ended 5 April 2024 were £23,999 (year ended 5 April 2023: £18,214). The Trustees report an income surplus held at 5 April 2024 of £859,951 (year ended 5 April 2023: £854,104).

The Trustees have a balanced investment policy which is medium to high on the basis this generates additional returns over the long term. They aim to maintain free reserves in unrestricted funds at a level which is sufficient to distribute the appropriate level of income of the fund for the year whilst retaining capital for the maintenance and growth of the fund.

Investment Policy

The Charitable Trust Deed confers upon the Trustees wide powers of investment, in all respects, as if they were absolute owners beneficially entitled to the underlying assets. At present the Charity's funds comprise listed securities and cash. These are managed on a discretionary basis by Quilter Cheviot.

Trust monies requiring investment under the Trust may be invested in the purchase of such stocks, funds, shares, securities or other investments of whatsoever nature as the Trustees shall in their absolute discretion think fit. The Trustees shall have the same full and unrestricted powers of investing and converting investments in all other respects as if they were absolutely entitled to the Trust Fund beneficially.

The Trustees' policy is to invest the fund available in a secure market, endeavouring to obtain a reasonable income, compatible with protection of the capital value involved and taking into account inflationary factors. The Trustees monitor the performance of the investments in line with their short and long term aims and objectives, as well as undertaking regular reviews with the investment managers throughout the financial year.

The Trustees confirm that the Charity's assets are sufficient to fulfil its obligations in respect of unrestricted funds and that all investments held by them on behalf of the charity have been acquired in accordance with the powers available to them under the Trust Deed.

Plans for the Future

The Trustees will continue to distribute the income of the Unrestricted Fund each year and any income surplus brought forward whilst maintaining the capital of the Fund. The income resources available for charitable purposes for the next year (to 5 April 2025) are expected to be around £240,000. The Trustees are aiming to distribute income as they see fit during the year ended 5 April 2025.

The Trustees will continue to direct the Charity's funds to general charitable causes which they think fit as laid out in the governing Trust Document.

The Accounts

The Trustees are satisfied with the financial position of the Charity and confirm that they have adequate assets available to fulfil their obligations.

4

The Billmeir Charitable Trust

Report of the Trustees for the year ended 5 April 2024 (continued)

Trustees' Responsibilities in Relation to the Financial Statements

The Trustees are responsible for preparing the Trustees' report and accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Trust and of the income and expenditure of the Trust for that period. In preparing these accounts, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Trust and enable them to ensure that the financial statements comply with relevant legislation. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the Trustees by

Suzanne Jane Marriott Date: 05/02/2025 Trustee

5

The Blllmeir Charitable TrL Indepenknt Lxamlner's Report to the Trustee5 of the Bilimeir Charitable Trust Independent Examlner's report to the Tnr5tees of the Blllrneir Charitable TTUSt I report to the charity tW5tees on my exèrninati￿ of the accounts of The Billmeir Charitsble Trust fw the year ended 5 Wil 2024. Re5ponslbllltfes and basts of report As the eharity trustees of the Trust. you are re5PM5ibie for the preparation of the accujnts tn accordance with the requirements of the Charitie5 Aci 2011 1.the Act'l. I repy)rt in respect of my examinatloth of the Trust'5 accounts carried out under Section 145 of the Act and in carryng vjl My exarnination I have folLcwed all applicable DarECtions given by the Charity Commi55ion under Section 14515llbl of the Act. Independent èxamTnfs statement IIEaL4C.ODfirrp that l am qualified to urmlertake the examination because l am a member of the Institute of CWtel&Arc￿t3nts in England and Wales, which is one of the listed bo(lie5. I have completed my examination. I confimi that material matters have corne to rny attention in c¢￿￿ectIDTr with the examination gi￿n8 rne cause to ￿leVe that Tn any materlal re5pert: b,account(ng records were ￿t kept in respert of the Tnrt a5 required by 5ett(on 130 of the Act. or Eri p.r( the.accounts do not accord those record5. or SEY l i:" the accounts do not compty with the applicable reqLriremts corKerning the fom and content ol accounts Set out in the Charities (Accounts and Rerxytsl Regulatims 2C(18 other than ary requirement In¥?_L.i.,tbat the accounts w.ve a true and fair iew which i5 r￿t a rnatter considered as part of an independent I have no concerns and have come across no other matter5 in connertwjn with the examination to which attenti strwld&)e..drawn in this report in order to e[￿ble a proper urHler5tanLling of the accounts to be ￿aChed. Paul All ocsc FCA Instit￿le ofr.Chartered AccountaDts in England ond Wales Berringer5 LLP Clattered Accountsnts Ly8on.House so,..L￿]don Road BFOmlt￿.. Kent BR1 3RA Dale

The Billmeir Charitable Trust

Statement of Financial Activities for the year ended 5 April 2024

----- Start of picture text -----
Total
Income Capital Unrestricted
Notes Account Account Funds 2023
£ £ £ £
Income from
Investments 2 230,974 (2,246) 228,728 247,918
Bank Interest 14,273 - 14,273 4,100
Total 245,247 (2,246) 243,001 252,018
Expenditure on
-
Investment Management Costs 27,838 27,838 28,449
Charitable Activities
Support Costs 3 1,400 22,599 23,999 18,214
Activities Undertaken 3 238,000 - 238,000 215,500
Total 239,400 50,437 289,837 262,163
Net income/(expenditure) before net 5,847 (52,683) (46,837) (10,145)
investment gains/(losses)
Net gains/(losses) on investments 7 - 613,334 613,334 (639,975)
Net movement in funds 5,847 560,651 566,498 (650,120)
Total funds at 6 April 2023 854,104 6,223,758 7,077,862 7,727,982
Total funds at 5 April 2024 859,951 6,784,409 7,644,360 7,077,862
----- End of picture text -----

The notes on pages 10 to 15 form part of these financial statements

7

The Billmeir Charitable Trust

Balance Sheet as at 5 April 2024

Notes
Fixed Assets
Investments
7
Cash with Investment Manager
7
Current Assets
Cash at bank and in hand
8
Debtors
9
Current Liabilities
Creditors: amounts falling due within one year
10
Net current assets
Total net assets
Funds of the Charity
Unrestricted Capital Account
Unrestricted Income Account		 £
£
6,962,297
184,485
7,146,782
556,963
2,501
559,463
(61,885)
497,578
7,644,360
6,784,409
859,951
7,644,360
2024		 £
£
6,269,816
291,474
6,561,290
540,422
-
540,422
(23,850)
516,572
7,077,862
6,223,758
854,104
7,077,862
2023

Approved by the Trustees and signed on their behalf by:

Suzanne Jane Marriott

Date: 05/02/2025

Trustee

The notes on pages 10 to 15 form part of these financial statements

8

The Billmeir Charitable Trust

Notes to the financial statements for the year ended 5 April 2024

1 Principal Accounting Policies

(a) Basis of Accounting

These accounts have been prepared for the year to 5 April 2024. The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant accounting policies below or the notes to these accounts.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) (Charities SORP FRS 102) issued on 1 January 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The Trust constitutes a public benefit entity as defined by FRS 102. The accounts are presented in sterling and are rounded to the nearest pound.

(b) Assessment of Going Concern

The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The Trustees have made this assessment in respect to a period of one year from the date of approval of these accounts.

At the year end the Trust had positive unrestricted reserves. The Trustees believe that the Trust's financial statements should be prepared on a going concern basis on the grounds that the Trust has sufficient liquid resources and that the Trustees have the power under the Trust Deed to utilise the expendable capital account for charitable purposes at their discretion if required.

The Trustees have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the Trust to continue as a going concern. The Trustees are of the opinion that the Trust will have sufficient resources to meet its liabilities as they fall due. The most significant areas of judgement that affect items in the accounts are detailed above. With regard to the next accounting period, the year ending 5 April 2025, the most significant areas that affect the carrying value of the assets held by the Trust are the level of investment return and the performance of the investment markets (see the investment policy and the risk management sections of the Trustees report for more information).

(c) Fixed Asset Investments

Listed investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The Trust does not acquire put options, derivatives or other complex financial instruments.

As noted above the main form of financial risk faced by the Trust is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.

9

Notes to the financial statements for the year ended 5 April 2024

The Billmeir Charitable Trust

Realised gains (or losses) on investment assets are calculated as the difference between disposal proceeds and their opening carrying value or their purchase value acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value at that date. Realised and unrealised investment gains (or losses) are combined in the statement of financial activities and are credited (or debited) in the year in which they arise.

(d) Debtors

Debtors are recognised at their settlement amount, less any provision for non-recoverability. They have been discounted to the present value of the future cash receipt where such discounting is material.

(e) Cash

Cash at bank and in hand represents such accounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition.

(f) Creditors and Provisions

Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are recognised at the amount the Trust anticipates it will pay to settle the debt.

(g) Income Recognition

All income is recognised in the period in which the Charity is entitled to receipt, the amount can be measured with reasonable certainty, and it is probable that the income will be

Dividends and interest from listed investments, including associated tax credits, are credited to the statement of financial activities when they are receivable by the charity. Bank interest is credited to the statement of financial activities when it is receivable by the charity.

(h) Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including costs and governance costs are allocated or apportioned to the applicable expenditure headings.

Expenditure is included in the statement of financial activities when incurred and includes attributable VAT which cannot be recovered. The costs of raising funds comprise those costs directly attributable to managing the Charity's investment portfolio and raising investment income.

Charitable activities comprise grants payable in pursuance of the objectives of the Charity and in meeting the costs of administering the donations. Grants payable are charged in the year when the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching to them are fulfilled. Grants offered subject to conditions which have not been met at the year end, are noted as commitments but not accrued as expenditure in the accounts.

10

Notes to the financial statements for the year ended 5 April 2024

The Billmeir Charitable Trust

Charitable activities also comprise governance costs which include costs which are directly attributable to legal procedures necessary for compliance with statutory requirements.

(i) Foreign Currencies

Assets and monetary liabilities in other currencies at the balance sheet date are translated into pounds sterling at the rate ruling on that date. Transactions during the year have been translated into pounds sterling at the rate ruling on the date of the transaction. Exchange differences arising during the year are dealt with in the income account or the capital account

(j) Funds Added

Funds added to the Trust are credited to the capital account when receivable.

(k) Unrestricted Funds

The Charity has two unrestricted funds which are capital and income. It is the Trustees intention that income is to be applied to or for the benefit of exclusively such objects or purposes as are for the time being charitable in law and that the capital account may be applied in the same manner as far as necessary.

(l) Taxation

The Trust is a registered charity under the Charities Act 2011 and is not liable to UK income, corporation or capital gains tax on its income and chargeable gains as these fall within the various exemptions available to registered charities.

(m) Investment Management Fees

The fee structure of Quilter Cheviot changed for the year ended 5 April 2022 to a standard charge model away from a commission fee model. The purpose of the change is to improve visibility and clarity of fees. As a result fees are directly incurred by the Trust whereas previously all fees were comprised in transaction costs.

11

The Billmeir Charitable Trust

Notes to the financial statements for the year ended 5 April 2024

2
Investment Income
Income from Listed Securities
Interest received
Accrued interest purchased in the year
3
Charitable Activities
Activities
Undertaken
Directly
(see note 5)
£
Arts and Culture
29,000
Education
93,500
Medical Research/Aid
63,500
Religious Activities
13,500
Relief for those in need
23,500
Other Charitable Purpos
15,000
238,000		 Support
Costs
(see note 6)
£
2,924
9,428
6,403
1,361
2,370
1,513
23,999		 2024
£
200,307
30,667
(2,246)
228,728
Total
2024
£
31,924
102,928
69,903
14,861
25,870
16,513
261,999		 2023
£
238,930
9,271
(283)
247,918
Total
2023
£
23,859
84,050
71,036
15,183
28,740
10,845
233,713

4 Information regarding Trustees and Employees

The Trust had no employees. No Trustee received remuneration or reimbursement of expenses during the year. The Trustees have not purchased indemnity insurance. Suzanne Jane Marriott, Trustee, is a Partner in Charles Russell Speechlys LLP who provide legal support to the Trust. In the year ended 5 April 2024, legal costs of £7,199 were charged to the Trust by Charles Russell Speechlys LLP (2023: £3,115).

During the year, a donation of £3,000 (2022: £2,000) was made to Gainsborough's House Society, a charity who shares a trustee with the Billmeir Charitable Trust.

12

The Billmeir Charitable Trust

Notes to the financial statements for the year ended 5 April 2024

5
Donations
ABF The Soldiers Charity
All Saints Church of England School (Tilford)
Alzheimer's Society (Elstead Area)
Arundel Castle Cricket Foundation
Bowel Cancer UK
Challengers (formerly Disability Challengers)
Crohn's and Colitis UK
Junior Diabetes Research Foundation
Earl Mountbatten Hospice
Elstead Cricket Club
Elstead Recreational Trust
Emmaus UK
Farringdon Learning Trust
Gainsborough's House Society
GASP Motor Project
Historic Royal Palaces
Home-Start (Surrey Area)
Imperial War Museum
Institute for Cancer Vaccines and Immunotherapy
Linden Lodge Charitable Trust
Longcot and Fernham Cof E Primary School
Marlborough College
Motor Neurone Disease Association
Music In Hospitals
National Arts Collections Fund
Northwood African Education Foundation
Oakleaf
Parochial Church Council of St. James, Elstead
Parochial Church Council of St. Michael's Church, Inkpen
Reed's School, Cobham
Rodborough
Sarcoma UK
St Bartholomews Church Sproxton
St James Primary School
St Mary's Church Little Coxwell
Surrey Air Ambulance
Surrey Community Foundation
Surrey Crossroads (Crossroads Care)
Surrey Drug and Alcohol Care
Balance carried forward		 2024
£
10,000
2,000
3,000
3,500
3,000
2,500
2,000
5,000
1,000
10,000
-
-
5,000
3,000
2,000
3,000
2,000
1,500
2,000
2,000
7,500
27,000
5,000
2,000
2,500
3,000
2,000
7,000
1,000
25,000
-
6,000
3,250
10,000
3,250
5,000
5,000
2,500
1,000
180,500		 2023
£
10,000
-
3,000
3,500
-
2,500
2,000
10,000
-
-
5,000
2,000
5,000
2,000
2,000
1,000
2,000
1,500
2,000
2,000
-
25,000
5,000
2,000
-
3,000
2,000
7,000
1,000
20,000
1,000
7,000
-
8,500
2,000
5,000
5,000
2,500
1,000
152,500

13

The Billmeir Charitable Trust

Notes to the financial statements for the year ended 5 April 2024

5
Donations (continued)
Balance brought forward
The Marlborough Mound
The New Ashgate Gallery
The Royal Surrey Charity
The Watts Gallery
Three Pillars Project
Time-2-Talk
Treloar School and College
United Reformed Church Elstead
Wellington College Foundation
Woodlarks Campsite Trust
Woodlarks Centre (formerly Woodlarks Workshop)
Donations to organisations under £1,000: 0 (2023: 0)
Total donations (note 3)
6
Support Costs
Income
Capital
2024
2024
£
£
Administration Fees
-
12,600
Auditor's/Independent E
1,400
2,800
Legal fees
-
7,199
Custody fees
-
-
Bank charges
-
-
1,400
22,599		 2024
£
180,500
2,000
5,000
-
10,000
-
3,000
2,500
-
25,000
5,000
5,000
-
238,000
Total
2024
£
12,600
4,200
7,199
-
-
23,999		 2022
£
152,500
-
5,000
2,000
10,000
1,000
2,000
2,500
5,000
25,000
5,000
5,000
500
215,500
Total
2023
£
10,899
4,200
3,115
-
-
18,214

14

The Billmeir Charitable Trust

Notes to the financial statements for the year ended 5 April 2024

7 Fixed Asset Investments

The portfolio is structured to provide a wide range of diversification to protect the Trust's assets, and to provide a balance between income and capital growth in accordance With the FTSE All Share Index.

£
£
Market value at 6 April 2023
6,269,816
Acquisitions
1,212,215
Disposals
(1,133,068)
79,147
Realised gain/(loss)
293,606
Unrealised gain/(loss)
319,728
613,334
Market Value at 5 April 2024
6,962,297
Cash held with investment managers
184,485
7,146,782
Investments at market value comprised:
UK Securities
Foreign Securities
Bonds
Hedge Funds
-
Historical cost at 5 April 2024
7,654,778
Microsoft
Shell
Visa
8
Debtors
2024
£
Dividends receivable
2,501
2,501
The following investments represent the largest individal
holdings in the portfolio:
2024		 £
£
7,200,863
365,075
(656,147)
(291,072)
77,476
(717,451)
(639,975)
6,269,816
291,474
6,561,290
-
5,338,769
Market Value
235,712
222,400
163,387
2023
£
-
-
2023

15

The Billmeir Charitable Trust

Notes to the financial statements for the year ended 5 April 2024

16

The Billmeir Charitable Trust

Notes to the financial statements for the year ended 5 April 2024

9
Creditors: Amounts falling due within one year
Administration Fees
Auditor's/Independent Examiner's Fees
Legal Fees
Donations payable
Creditor 1
Creditor2		 2024
£
3,150
8,400
2,335
48,000
-
-
61,885		 2023
£
3,150
4,200
-
16,500
23,850

10 Post Balance Sheet Events

The administration and management of the Trust was transferred from BDO LLP to Charles Russell Speechlys LLP from April 2024.

17

The Billmeir Charitable Trust Appendix Schedule of Investments 5 April 2024 18

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Aberdeen European Logistics Income Plc ord GBP0.01
06/04/2023 B/fwd 75,000.00 77,020 52,500
23/06/2023 Income 218
23/06/2023 Income 705
22/09/2023 Income 83
22/09/2023 Income 833
29/12/2023 Income 278
29/12/2023 Income 645
05/04/2024 C/fwd 75,000.00 77,020 44,400
Advanced Micro Devices
06/04/2023 B/fwd 875.00 60,877 64,996
05/04/2024 C/fwd 875.00 60,877 118,003
Allianz Global Investors GiltYield I Income Nav
06/04/2023 B/fwd 50,000 107,463 76,170
28/04/2023 Income 841
31/10/2023 Income 1,250
05/04/2024 C/fwd 50,000 107,463 71,885
Allspring (Lux) Worldwide Fund Emerging Markets Equity In
06/04/2023 B/fwd 1,250.00 111,687 100,963
12/04/2023 Income 496
08/05/2023 Sale 1,250.00 101,288 111,687 (10,400)
Alphabet Inc CAP USD0.001 CL C Sett - 04/08/2020
06/04/2023 B/fwd 1,300.00 46,455 108,991
05/04/2024 C/fwd 1,300.00 46,455 156,883
Altria Group IncCommon USD0.333 Stock
06/04/2023 B/fwd 2,000 5,432 71,312
28/04/2023 Income 1,282
10/07/2023 Income 1,239
10/10/2023 Income 1,358
10/01/2024 Income 1,309
05/04/2024 C/fwd 2,000 5,432 65,919
Amazon Com Inc Com USD0.01
06/04/2023 B/fwd 600.00 63,418 48,681
05/04/2024 C/fwd 600.00 63,418 87,872

1

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Apple Inc
06/04/2023 B/fwd 800 17,517 105,136
18/05/2023 Income 131
17/08/2023 Income 128
16/11/2023 Income 132
15/02/2024 Income 130
05/04/2024 C/fwd 800 17,517 107,356
Ares Management Corporation Com
06/04/2023 B/fwd 2,750.00 62,124 174,832
19/04/2023 Sale 1,375.00 94,871 31,062 63,810
30/06/2023 Income 713
29/09/2023 Income 735
29/12/2023 Income 708
29/03/2024 Income 865
05/04/2024 C/fwd 1,375.00 31,062 145,978
Assura PlcOrdinary 10p
06/04/2023 B/fwd 112,500 89,580 55,125
12/04/2023 Income 878
12/07/2023 Income 923
11/10/2023 Income 923
10/01/2024 Income 923
05/04/2024 C/fwd 112,500 89,580 46,508
AstraZeneca plc Ordinary US$0.25
06/04/2023 B/fwd 3,000 82,102 347,820
19/04/2023 Sale 2,000 239,751 54,735 185,017
11/09/2023 Income 718
25/03/2024 Income 1,560
05/04/2024 C/fwd 1,000 27,367 106,200

2

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Baillie Gifford & Co JapaneseIncome Growth W4 Dis
06/04/2023 B/fwd 90,000 124,549 121,950
19/07/2023 Sale 90,000 120,240 124,549 (4,309)
31/08/2023 Income 2,160
BBGI SICAV SA Ordinary NPV Shares
06/04/2023 B/fwd 50,000 76,945 76,000
19/10/2023 Income 1,983
05/04/2024 Income 1,983
05/04/2024 C/fwd 50,000 76,945 65,200
BHP Group Limited Ord. GBP
06/04/2023 B/fwd 5,000 77,108 120,625
28/09/2023 Income 3,204
28/03/2024 Income 2,815
05/04/2024 C/fwd 5,000 77,108 114,250
Blackrock (Luxembourg) SA Continental Europe Flexible D4
06/04/2023 B/fwd 60,000.00 98,305 109,342
28/04/2023 Income 229
31/07/2023 Income 3,469
31/10/2023 Income 354
31/01/2024 Income 425
05/04/2024 C/fwd 60,000.00 98,305 114,942
Canadian Pacific Kansas City Limiited Com NPV
22/02/2024 Purchase 2,085.00 141,739
05/04/2024 C/fwd 2,085.00 141,739 144,337
Chevron Corporation Comon Stock USD0.75
06/04/2023 B/fwd 800 62,757 109,065
12/06/2023 Income 816
11/09/2023 Income 820
11/12/2023 Income 817
11/03/2024 Income 863
05/04/2024 C/fwd 800 62,757 102,304

3

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Coca-Cola CompanyCommon Stock US$0.25
06/04/2023 B/fwd 1,800 75,840 90,717
03/07/2023 Income 555
02/10/2023 Income 579
15/12/2023 Income 551
01/04/2024 Income 590
05/04/2024 C/fwd 1,800 75,840 84,767
Diageo plcOrdinary 28-101/108p
06/04/2023 B/fwd 3,250 9,860 119,243
13/04/2023 Income 1,002
12/10/2023 Income 1,598
05/04/2024 C/fwd 3,250 9,860 92,609
Doric Nimrod Air Two Ord NPV C
06/04/2023 B/fwd 50,000 97,958 50,250
28/04/2023 Income 2,250
31/07/2023 Income 2,250
31/10/2023 Income 2,250
18/12/2023 Sale 35,714 69,970 69,970 1
29/12/2023 Sale 14,286 17,143 27,989 (10,845)
31/01/2024 Income 1,607
Doric Nimrod Air Two Ord NPV C
18/12/2023 Journal /
Transfer		 35,714 69,970
05/04/2024 C/fwd 35,714 69,970 42,321
Enel SPA
06/04/2023 B/fwd 7,500.00 55,285 37,178
26/07/2023 Income 952
24/01/2024 Income 1,019
05/04/2024 C/fwd 7,500.00 55,285 38,002
Experian Group plcOrdinary US$0.10
06/04/2023 B/fwd 5,000 58,816 134,050
21/07/2023 Income 1,484
02/02/2024 Income 705
05/04/2024 C/fwd 5,000 58,816 169,550

4

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Exxon Mobil CorpCommon Stock NPV
06/04/2023 B/fwd 1,000 74,706 93,886
09/06/2023 Income 616
11/09/2023 Income 618
11/12/2023 Income 642
11/03/2024 Income 629
05/04/2024 C/fwd 1,000 74,706 96,045
Ferguson Ord GBP0.10
06/04/2023 B/fwd 1,421 47,838 143,521
19/04/2023 Sale 421 44,696 14,173 30,523
05/05/2023 Income 838
04/08/2023 Income 570
15/11/2023 Income 610
06/02/2024 Income 620
05/04/2024 C/fwd 1,000 33,665 176,000
Fidelity MoneyBuilder Income Fund income shares
20/04/2023 Purchase 85,000.00 67,244
26/05/2023 Equalisation (127)
26/05/2023 Income 152
26/06/2023 Income 297
26/07/2023 Income 274
26/08/2023 Income 287
26/09/2023 Income 283
26/10/2023 Income 278
26/11/2023 Income 287
26/12/2023 Income 294
26/01/2024 Income 280
26/02/2024 Income 273
26/03/2024 Income 349
05/04/2024 C/fwd 85,000.00 67,117 68,595

5

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
First Sentier Asia Pacific Leaders B Nav
06/04/2023 B/fwd 35,000.000 76,710 104,626
30/09/2023 Income 776
31/03/2024 Income 119
05/04/2024 C/fwd 35,000.000 76,710 108,570
Greencoat UK Wind plcOrdinary 1p
06/04/2023 B/fwd 96,923 106,326 154,786
26/05/2023 Income 2,123
25/08/2023 Income 2,123
24/11/2023 Income 2,123
29/02/2024 Income 3,324
05/04/2024 C/fwd 96,923 106,326 133,269
GSK Plc Ord. GBP0.3125
06/04/2023 B/fwd 9,200 13,163 136,822
13/04/2023 Income 1,265
13/07/2023 Income 1,288
12/10/2023 Income 1,288
11/01/2024 Income 1,288
05/04/2024 C/fwd 9,200 13,163 149,914
Harbourvest GI Private Equity USD
06/04/2023 B/fwd 4,750 98,900 96,900
05/04/2024 C/fwd 4,750 98,900 109,963
HICL Infrastructure GBP 0.0001
06/04/2023 B/fwd 65,340 111,713 101,669
30/06/2023 Income 920
30/06/2023 Income 433
29/09/2023 Income 1,319
29/09/2023 Income 27
29/12/2023 Income 754
29/12/2023 Income 592
28/03/2024 Income 754
28/03/2024 Income 485
28/03/2024 Income 592
05/04/2024 C/fwd 65,340 111,713 81,675

6

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Impax Environmental Markets Plc ord 10p
06/04/2023 B/fwd 12,000 50,202 49,860
01/09/2023 Income 204
15/03/2024 Income 348
05/04/2024 C/fwd 12,000 50,202 47,520
Intermediate Capital Group PLC ordinary 20p shares
06/04/2023 B/fwd 9,000 82,342 108,900
04/08/2023 Income 4,698
08/01/2024 Income 2,322
05/04/2024 C/fwd 9,000 82,342 187,200
International Public PartnershipLimited Ordinary 1p
06/04/2023 B/fwd 65,000 99,031 96,460
07/06/2023 Income 2,516
17/11/2023 Income 2,639
05/04/2024 C/fwd 65,000 99,031 81,250
Ishares III Plc Core MSCI Japan IMI UCITS ETF USD Acc GBP
02/08/2023 Purchase 1,550.00 58,993
05/04/2024 C/fwd 1,550.00 58,993 67,557
J P Morgan Global Core Assets Ltd
06/04/2023 B/fwd 125,000.0000 126,060 107,000
19/04/2023 Sale 65,000.0000 57,586 65,551 (7,965)
31/05/2023 Income 630
30/08/2023 Income 630
29/11/2023 Income 630
23/02/2024 Income 630
05/04/2024 C/fwd 60,000.0000 60,509 40,800
J P Morgan Global EmergingMarkets Inc Trust plc Ord 1p
06/04/2023 B/fwd 55,000 76,666 70,400
21/04/2023 Income 550
28/07/2023 Income 550
20/10/2023 Income 1,265
26/01/2024 Income 550
05/04/2024 C/fwd 55,000 76,666 73,150

7

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Jupiter Global Fund SICAV European Growth I Eur Acc
06/04/2023 B/fwd 1,750.00 72,179 91,238
31/03/2024 Acc. Income 569 569
05/04/2024 C/fwd 1,750.00 72,747 100,154
Law Debenture Corporation plcOrdinary 5p
06/04/2023 B/fwd 18,000 108,054 141,840
13/04/2023 Income 1,575
06/07/2023 Income 1,373
26/09/2023 Income 3,712
26/10/2023 Income 1,373
25/01/2024 Income 1,373
05/04/2024 C/fwd 18,000 108,054 141,660
Legal & General Group plc Ordinary 2.5p
06/04/2023 B/fwd 65,000 63,177 152,620
05/06/2023 Income 9,055
05/04/2024 C/fwd 65,000 63,177 163,215
M&G Japan Fund PP GBP
03/08/2023 Purchase 45,000.00 57,533
31/10/2023 Equalisation (512)
31/10/2023 Income 76
05/04/2024 C/fwd 45,000.00 57,021 65,799
Mayfair Capital Investment Management Ltd The Property
06/04/2023 B/fwd 92,338.00 85,000 73,317
28/04/2023 Income 331
31/05/2023 Income 530
30/06/2023 Income 334
31/07/2023 Income 376
31/08/2023 Income 342
29/09/2023 Income 394
31/10/2023 Income 355
30/11/2023 Income 350
29/12/2023 Income 321
31/01/2024 Income 315
29/02/2024 Income 351
28/03/2024 Income 380
05/04/2024 C/fwd 92,338.00 85,000 68,649

8

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Merck & Co USD0.50
06/04/2023 B/fwd 1,000 61,832 89,810
10/04/2023 Income 500
10/07/2023 Income 480
06/10/2023 Income 506
08/01/2024 Income 515
05/04/2024 Income 518
05/04/2024 C/fwd 1,000 61,832 101,284
Microsoft Corp US$0.00000625 Common Stock
06/04/2023 B/fwd 700 78,331 159,731
08/06/2023 Income 325
14/09/2023 Income 324
14/12/2023 Income 352
14/03/2024 Income 348
05/04/2024 C/fwd 700 78,331 235,712
Mondelez International IncUS$0.01 Common Stock
19/04/2023 Purchase 1,000 56,766
14/07/2023 Income 250
13/10/2023 Income 296
12/01/2024 Income 284
05/04/2024 C/fwd 1,000 56,766 53,803
NB Private Equity Partners LtdClass A Ordinary US$0.01
06/04/2023 B/fwd 6,750 76,025 62,861
31/08/2023 Income 2,485
29/02/2024 Income 2,525
05/04/2024 C/fwd 6,750 76,025 110,835
Nextra Energy Inc Com USD0.05
06/04/2023 B/fwd 1,000.00 59,870 57,259
15/06/2023 Income 314
15/09/2023 Income 319
15/12/2023 Income 312
15/03/2024 Income 343
05/04/2024 C/fwd 1,000.00 59,870 50,788

9

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Novartis AGCHF0.50 (Regd)
06/04/2023 B/fwd 750 51,902 95,850
04/10/2023 Capital Event (2,620)
11/03/2024 Income 1,430
05/04/2024 C/fwd 750 49,282 56,631
Pacific Capital UCITS Funds plc Pacific North of South Em A
10/05/2023 Purchase 10,000.00 116,560
17/07/2023 Income 2,084
16/10/2023 Income 1,272
16/01/2024 Income 818
05/04/2024 C/fwd 10,000.00 116,560 132,680
Pantheon Infrastructure Ord GBP0.01
06/04/2023 B/fwd 86,000.00 85,150 72,928
27/10/2023 Income 1,720
05/04/2024 C/fwd 86,000.00 85,150 66,736
Pfizer Inc Com USD0.05
06/04/2023 B/fwd 2,270.00 73,848 75,692
19/04/2023 Sale 2,270.00 73,738 73,848 (110)
Polar Capital Funds Plc Artificial Intelligence S GBP Acc
06/04/2023 B/fwd
30/06/2023 Acc Income 206 206
30/06/2023 Capital Event 0 - - (206)

10

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Premier Miton Monthly Income Bond C
20/04/2023 Purchase 95,000.00 68,258
26/05/2023 Equalisation (163)
26/05/2023 Income 155
28/06/2023 Income 291
28/07/2023 Income 282
25/08/2023 Income 296
28/09/2023 Income 257
27/10/2023 Income 284
28/11/2023 Income 300
28/12/2023 Income 288
26/01/2024 Income 300
28/02/2024 Income 299
28/03/2024 Income 279
05/04/2024 C/fwd 95,000.00 68,095 68,951
Prusik Invesment Management Asian Equity Income Unhedg
06/04/2023 B/fwd 800 111,413 128,362
31/07/2023 Income 3,914
31/01/2024 Income 3,264
05/04/2024 C/fwd 800 111,413 119,843
Rio Tinto plcOrdinary 10p
06/04/2023 B/fwd 2,000 17,296 105,660
20/04/2023 Income 3,707
21/09/2023 Income 2,753
05/04/2024 C/fwd 2,000 17,296 99,490
Royal London Asset Management Ethical Bond Z Inc
06/04/2023 B/fwd 90,000.00 107,818 87,912
20/04/2023 Sale 90,000.00 87,120 107,818 (20,698)
Royal London SterlingCredit Instl Inc Z GBP Nav
19/04/2023 Purchase 115,000.000 132,365
30/06/2023 Equalisation (798)
30/06/2023 Income 853
29/09/2023 Income 1,787
29/12/2023 Income 1,883
28/03/2024 Income 1,899
05/04/2024 C/fwd 115,000.000 131,567 139,610

11

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Sandoz Group AG CHF0.05
04/10/2023 Journal /
Transfer		 150 2,620
05/04/2024 C/fwd 150 2,620 3,423
Schneider Electric EUR4
06/04/2023 B/fwd 525 55,732 65,664
11/05/2023 Income 1,078
05/04/2024 C/fwd 525 55,732 93,512
Schroder Unit Trusts US SmallerCompanies Z Inc
06/04/2023 B/fwd 60,000.00 73,104 103,140
30/06/2023 Income 65
05/04/2024 C/fwd 60,000.00 73,104 112,080
Sequoia Economic Infrastructure
06/04/2023 B/fwd 141,970.00 148,356 115,564
26/05/2023 Income 2,440
25/08/2023 Income 2,440
24/11/2023 Income 2,440
29/02/2024 Income 2,440
05/04/2024 C/fwd 141,970.00 148,356 115,564
Shell Plc GBP EUR0.07
06/04/2023 B/fwd 8,000 45,650 189,040
26/06/2023 Income 1,839
18/09/2023 Income 2,090
20/12/2023 Income 2,105
25/03/2024 Income 2,152
05/04/2024 C/fwd 8,000 45,650 222,400
Siemens AG NPVRegistered shares
06/04/2023 B/fwd 650 56,956 81,913
13/02/2024 Income 1,914
05/04/2024 C/fwd 650 56,956 96,101
Smith (DS)Ordinary 10p
06/04/2023 B/fwd 12,727 61,715 39,136
03/10/2023 Income 1,527
31/01/2024 Income 764
14/03/2024 Sale 6,727 22,544 32,620 (10,076)
05/04/2024 C/fwd 6,000 29,095 24,600

12

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Supermarket Income ord GBP0.01
06/04/2023 B/fwd 80,000 96,800 67,680
26/05/2023 Income 1,200
04/08/2023 Income 97
04/08/2023 Income 1,103
16/11/2023 Income 1,212
14/02/2024 Income 1,212
05/04/2024 C/fwd 80,000 96,800 60,640
Tesco Ord GBP0.0633333
06/04/2023 B/fwd 17,763 49,014 46,877
23/06/2023 Income 1,252
24/11/2023 Income 684
05/04/2024 C/fwd 17,763 49,014 82,870
Thermo Fisher Scientific Inc Com USD1
19/04/2023 Purchase 125.00 57,966
14/07/2023 Income 28
13/10/2023 Income 31
16/01/2024 Income 29
05/04/2024 C/fwd 125.00 57,966 51,442
T-Mobile US Unc Com USD0.0001
06/04/2023 B/fwd 650 69,064 77,786
15/12/2023 Income 282
14/03/2024 Income 280
05/04/2024 C/fwd 650 69,064 57,319
Treasury 2.25% Stock 2023
06/04/2023 B/fwd 65,000.00 64,532 64,500
07/09/2023 Income 731
07/09/2023 Sale 65,000.00 65,000 64,532 468
Treasury Stock 5% 2025
07/09/2023 Purchase 65,000 65,049
07/03/2024 Income 1,625
05/04/2024 C/fwd 65,000 65,049 65,130

13

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances Acquisitions Disposals Closing
Units Cost Value Units Cost Units Proceeds Cost Profit/Loss Units Cost Value Income
£ £ £ £ £ £ £ £ £
Treasury UK Bond 3.25% 31/01/2033
19/04/2023 Purchase 70,000.00 66,654
31/07/2023 Income 1,261
31/01/2024 Income 1,138
05/04/2024 C/fwd 70,000.00 66,654 66,089
Treasury UK Bond 4.125% 29/01/2027
19/04/2023 Purchase 67,500.00 67,645
29/07/2023 Income 1,392
29/01/2024 Income 1,392
05/04/2024 C/fwd 67,500.00 67,645 67,374
Tritax Big Box Reit Ordinary 1p
06/04/2023 B/fwd 95,205 100,993 132,716
01/06/2023 Income 1,666
31/08/2023 Income 1,666
17/11/2023 Income 1,666
02/04/2024 Income 1,952
05/04/2024 C/fwd 95,205 100,993 145,188
UK Treasury 4.5% Gilt Bond 07/12/2042
19/04/2023 Purchase 60,000.00 62,701
07/06/2023 Income 1,350
07/12/2023 Income 1,350
05/04/2024 C/fwd 60,000.00 62,701 60,036
Unilever plcOrdinary 3-1/9p
06/04/2023 B/fwd 2,500.00 1,858 107,213
15/06/2023 Income 946
31/08/2023 Income 925
08/12/2023 Income 929
22/03/2024 Income 912
05/04/2024 C/fwd 2,500.00 1,858 95,925
Union Pacific Corp Ord Shs
06/04/2023 B/fwd 700.00 60,724 109,100
30/06/2023 Income 612
29/09/2023 Income 631
28/12/2023 Income 604
22/02/2024 Sale 700.00 139,121 60,724 78,397

14

The Billmeir Charitable Trust

Schedule of Investments for the year ended 5 April 2024

Opening Balances
Acquisitions
Units
Cost
Value
Units
£
£
United Rentals Inc USD 0.01
19/04/2023
Purchase
250
24/05/2023
Income
23/08/2023
Income
22/11/2023
Income
28/02/2024
Income
05/04/2024
C/fwd
VH Global Sustainable GBP0.01
06/04/2023
B/fwd
99,006.00
102,306
98,214
30/06/2023
Income
14/09/2023
Income
08/12/2023
Income
08/12/2023
Income
28/03/2024
Income
05/04/2024
C/fwd
Visa Inc Com Stk USD0.0001 'A'
06/04/2023
B/fwd
745.00
59,668
136,417
01/06/2023
Income
01/09/2023
Income
01/12/2023
Income
01/03/2024
Income
05/04/2024
C/fwd
Walt Disney Company USD0.01
19/04/2023
Purchase
600
10/01/2024
Income
05/04/2024
C/fwd
4,523,124
6,269,816		 Disposals
Cost
Units
£

76,058

47,541
1,212,215		 Closing
Proceeds
Cost
Profit/Loss
Units
£
£
£
250
99,006.00
745.00
600
1,133,068
839,257
293,606		 Cost
Value
Income
£
£
£
253
248
251
274
76,058
139,844
1,366
1,366
1,020
347
921
102,306
66,532
229
225
261
261
59,668
163,387
120
47,541
56,207
4,895,877
6,962,297
230,974

15