THE EMMOTT FOUNDATION LIMITED ANNUALACCOUNTS AND TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2021 REGISTERED CHARifY NO: 209033 REGISTERED COMPANY NO: 00710369
THE EMMOTT FOUNDATION LIMITED CONTENTS Page Council's Report Auditor's Report ststement of Financial Activities Balance sheet Cash Flow Slalemenl 10 Notes lo the Financial Statements Investment Schedule
THE EMMOTT FOUNDATION LIMITED REPORT OF COUNCILOF MANAGEMENT FOR THE YEAR ENDED 31 AUGUST 2021 Reference and administrative infomiation The Council MrCRDick Sir Tim Stevenson (Retired 5 July 20211 Mrs S J Ainsworth MrEDABames Mrs E E A Mckendrick Mrs M Cgan The Articles ofAssocialion dated 12 December 1961 established a Council of Management. All the members of Council are Trustees of the Charity and are also Directors of the Company. Web Address www.emmottfoundation.org Registered Office 10 Queen Street Place. London, EC4R 1AG Charity Numb&r: 209033 Company Number: 00710369 Educatlon Offlcers Mr & Mrs P Spillane Auditors Williamson Morton Thornton LLP, Verulam Point, Station Way, StAlbans, Herttordshire AL1 SHE Bankers Child & Co, 1 Fleet Street, London, EC4Y 1 BD Administration &A¢countsncy Haysmacintyre LLP, 10 Queen Street Place, London, EC4R 1AG Investment Managers UBS Wealth Management IUKI Ltd, 1 Curzon Street, London, W1 J SUB Report of the Councll for the yoar ended 31 August 2021 The Council present their report and accounts for the year ended 31 August 2021. The accounts have been prepared in accordance with the accounting policies sel out in note 1 to the accounts and comply with the Charity's governing document (The Memorandum and Articles ofAssocialion dated 12 December 19611, the Companies Act 2006 and Acwunting and Reporting by Charities. Stslement of Recommended Practice applicable lo Charities preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland (Second Edition). The report of the Council also seNes as a Directors. Report as required by S417 of the Companies Act 2006. Structure. govemance and management The Charity is a Company limited by guarantee and is governed by ils Memorandum and Articles of Association dated 12 December 1961. New Council members are appointed by the Council of Management based on recommendations made by the existing Council members. Ilvhen new members join the Council they are provided with further information regarding finances governance and charitable objectives. The Memorandum and Articles ofAssocialion provides for a minimum of 3 and a maximum of 11 members of Council. The Chaiity is governed by the Council of Management who meet iwice a year in Spring and again in Summer. The Council agrees the broad strategy and areas of activity for the Foundation. including consideration of grants. investment, reserves and risk managèment polices and performance. There is a further'paper, meeting in November when residu81 grant items for the current academic year are reviewed and determined.
THE EMMOTT FOUNDATION LIMITED REPORT OF COUNCILOF MANAGEMENT FOR THE YEAR ENDED 31 AUGUST 2021 Structure, governance and management (con'ti The day to day business of the Charity is in the hands of the Education Officers. Their functions include handling all grant enquires, visiting families where there is a prima facie case for a grant, liaising with other charities and presenting applications falling within the grant criteria to the trustees for their consideration. The Education Officers also run the low- key appeal which currently largels former grant holders. Risk Management The Trustees have assessed the major risks lo which the Charity is exposed, in particular those related to the operation and finances of the Charity, and are satisfied that systems are in place to mitigate exposure to the major risks. The Trustees consider that the key risks relate to the Charity's banking and investment operations both of which are carried out on behalf of the Charity by independent regulated entities. In addition, the Trustees perform their own checks in these areas. Objective and Activities The objective of the Charity is lo make grants for education81 purposes. The Council has had due regard to the guidance from the Charity Commission on public benefit In deciding what activities the Charity should undertake. Accordingly grants are primarily intended for children whose parents or guardians can no longer meet their considered financial commitments for education In either state or independent sixth forms as a result of a family crisis such as death, severe illness, accident, divorce, desertion, loss of employment. domestic violence and bullying. Consequently support Is often given to children of families where the household Income is very low. Consideration will also be given lo cases where there is a major educational or pastoral problem, including the Impa of parentsl drug andlor alcohol abuse. The present policy of the Council is lo make grants direct lo schools lo assist towards sixth form fees for students, normally with high academic standards, capable of qualifying for entry to University. Grants are normally only considered rf the school is also willing to make a significant contribution towards the cost of the school fees. Grant making policy The Foundation receives a number of enquires for grants which are dealt with by the Education Officers who then send out standard application forms lo those enquiries which fall within the Foundation's objectives. The Educats"on Officers or their equivalent from similar charities then usually visit the applicant once the application form is received and the case is then prepared to the Council members for their consideration. Achievements and Performance The Charity each year receives more grant applications than il is able lo fund, but the Council is pleased lo assist as many students falling within its grant criteria as is possible. The Education OffI[S receive progress reports from schools after grants have been in place for five months and final reports are obtained once A level results are known. In both cases a summary, in tabul8r fom, is presented to Council. In the academic year 20201 the Foundation assisted 79 pupils. Of these, 35 were in the Upper Sixth. In their A levels, 93.kn were grade C or above and 45Vo wereA orA". Financial Review Grants made during the year amounted lo £337,38512020'. £332,036). The nel decrease in resources for the year amounted lo £11,36012020. increase £79,828). Gains on investments for the year amounted to £1,598,09912020 losses £1.681.8491. The council is satisfied with the nel financial position at 31 August 2021 of £10.820,81912020'. £9,234,080). The Charity received donations of £86,39012020'. £85,760) as set out in note 5 to the acwunts. Plans for thg futura The Foundation is managed with a view lo il being able lo continue ils activities for the future. Key Management Personnel The Trustees consider the board of trustees and the senior management team comprise the key management personnel of the charity in charge of directing and controlling, running and operating the Charity on a day to day basis. All Iruslees give of their time freely and no trustee received remuneration in the year. Details of trustees expenses and related paty transactions are disclosed in note g lo the accounts.
THE EMMOTT FOUNDATION LIMITED REPORT OF COUNCILOF MANAGEMENT FOR THE YEAR ENDED 31 AUGUST 2021 Public Bonefit The Iruslees confirm that they have complied with the duty in section 4 of the ChariliesAcl 2011 to have due regard to public benefit guidence published by the commsion in determining the aclivites undertaken by the Charity. Investment Policy and performance The Council has appointed UBS Wealth Management IUKI Limited lo manage the Foundation's investments and has given il discretionary powers. The Council accepts a medium degree of investment risk and has appointed an investrnenl sub-commitee to meet with the investment managers On a year to review the investment performance. Reservos Pollcy The Foundation is mainly reliant on ils return from investments to fund its charitable aims, and thefore has a reserves policy which aims to provide sustainable funding for the future. The Council seeks lo expend at least ils annual income lo fulfil ils charitable aims, and to maintain the real value of its funds. Fundraising Activity The charity's income is from Its investment portfolio. No fundraising acts.vity is undertaken. Going Concern The Council is of the opinion that the Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties regarding the Charity's ability lo do so. COVID-19 Impact Dividend income down by around 20¥0 in 2021 with the reduction expected lo partially increase in 2022. We will be monitoring this position carefully, together with the capital value of our funds which has increased considerably but appears lo have now stabilised. Slalgmgnl of Coun¢il Mgmbgrs, Rg$ponsibiliti&s Company Law requires the Council members to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the company and of the profit and loss of the company for that period. In preparing those financial siatements, the Council members are required to.. select suitable accounting policies and then apply them with consistency,. observe the methods and principles in the Charities SORP make judgements and eslimales that are reasonable and prudent., slate whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained in the financial stalemenls., prepare the financial slalements on the going concern basis unless it is inappropriate to presume that the company will continue In business. The Council members are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the Company and lo enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities.
THE EMMOTT FOUNDATION LIMITED REPORT OF COUNCILOF MANAGEMENT FOR THE YEAR ENDED 31 AUGUST 2021 Infomiation to Auditors As far as the Council members are aware, there is no relevant audit information of which the Charity's auditors are unaware. The Council members have taken all the steps that they ought lo have taken as a Council members in order lo make themselves aware of any relevant audit information and lo establish that the Charity's auditors are aware of that information. This report has been prepared in accordance with part 15 of CA200S rèlating lo Small Companies. AUDITORS With Section 485 of the Companies Act 2006, a resolution proposing the reappoinlmenl of Williamson Morton Thomlon LLP as auditors lo the Company will be put to the annual general meeting. Approved by the Council at the Meeting on 12 April 2022 and signed on its beha by.. Richard Dick Chairman of the Council
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OFTHE EMMOTT FOUNDATION LIMITED Opinion We have audited the financial slalemenls of The Emmoll Foundation Limited Ilhe 'charitable company'l for the year ended 31 August 2D21 which comprise the Statement of Financial Activities (including the income and expenditure account), the Balance Sheet, the Statement of C8shflows and notes lo the financial slatemenls, including a summary of significant accounting policies. The financial reporting frameworf( that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practi1. In our opinion, the financial statements.. give 8 true and fair view of the stste of the charitable company's affairs as al 31 August 2021 and of its incoming resources and application of reSoUrs, including its income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordan with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fUilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going Concern In auditing the financial statements, we have concluded that the Iruslees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on thè work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going conrn for period of al least twelve months from when the financial slalemenls are aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going conrn are described in the relevant sections of this report. Other Information The other information comprises the information included in the annual report other than the financial slalemenls and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except lo the exlenl otherwise explicitly stated in our report, we do not express any fom of assLJrance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other informatlon Is materially inconsislenl with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or app8renl material misslatemenls, we are required lo deletmine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is 8 m8terial misslalemenl of this other information, we are required lo report that fact. We have nothing to report in this regard. Opinions on othgr mattgrs pre$cribgd by the Companio$ Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the infoimalion given in the ttuslees, report, which includes the directors, report prepad for company18W purposes, for the financial year for which the financial statements are prepared is consislenl with the financial slalemenls", and the directors, report included within the trustees, report has been prepared in accordance with applicable legal reqLJiremenls
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OFTHE EMMOTT FOUNDATION LIMITED Matters on whlch we are requlred to report by exceptlon In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees. report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report lo you if, in our opinion". adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us., or the financial slalemenls are not in agreement with the accounting records and returns," or certain disclosures of Iruslees, remuneration specified by law are not made, or we have not received all the information and explanations we require for our audit., or the Iruslees. were not entitled lo prepare the financial statements in accordance with the small companies regime and tske advantsge of the small companies, exemptions in preparing the trustees. report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the trustees. responsibilities statement the trustees Iwho are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary lo enable the preparation of financial slalemenls Ihst are free from material misstatement, whether due to fraud 01 èrror. In preparing the financial stalemenls, the trustees are responsible for assessing the charitable company's ability lo continue as a going concern, disclosing. as applicable, matters related lo going concern and using the going concem basis of accounting unless the trustees either intend to Iiquidale the charitable company or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are lo obtain reasonable sssurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that inclLJdes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in ac¢ordan¢e with ISAS IUKI will always detect a material misstatement when it exists. Misstaternents can arise from fraud or error and are considered material if, individually or in the aggregate, they could re8son8bly be expected lo influence the economic decisions of users taken on the basis of these financial stslements. Irregularities, including fraud, are instances of non-complian with laws and regulations. We design prOdureS in line with our responsibilities, outlined above, lo detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. Discussions with and enquiries of management and those charged with governance were held with a view to identifying those laws and regulations that could be expected lo have a material impact on the financial slalemenls. During the engagement team briefing, the outcomes of these discussions and enquiries were shared with the team, as well as consideration as lo where and how fraud may occur in the entity. The following laws and regulations were identified as being of significance lo the entity.. Those laws and regulations considered lo have a direct effect on the financial slalemenls include UK financial reporting standards, Company Law and Charity Law. Those laws and regulations for which non-compliance may be fundamental to the operating aspects of the charity and therefo may have a material effect on the financial slalemenls include compliance with the charitable objectives, public benefit, data protection and employment law. Audit ProdureS undertaken in response to the potential risks relating lo irregularities (which include fraud and non- compliance with laws and regulalionsl comprised of. inquiries of managèment 8nd the Trusteès as to whether the entity complies with such laws and regulations., enquiries with the same concerning any actual or potential litigation or claims., inspection of relevant leg81 correspondence", review of Trustee meeting minutes, lesling the appropriateness of journal entries,. and the performan of analytical review to identify unexpected movements in account balances which may be indicative of fraud.
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OFTHE EMMOTT FOUNDATION LIMITED Audltor's responslbllltles for the audlt of the flnanclal statements Icon'tl No instances of material non4ompliance were identified. However, the likelihood of detecting irregularities, including fraud, Is limited by the inherent difficulty In detecting irregularities, the effectiveness of the entity's controls, and the nature, liming 8nd exlenl of the audit procedures performed. Irregularities that result from fr8ud might be inherently more difficult to delecl than irregularities that result from error. As explained above, there is an unavoidable risk that material misstalemenls may not be detected, even though the audit has been planned and performed in accordance with ISAS IUKI. As part of an audit in accordance with ISAS IUKI, we exercise professional judgment and maintain professional scepticism throughout the audit. Vve also.. Identify and assess the risks of material misstatement of the financial statements, whether due lo fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not oletecling a material misslalemenl resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant lo the audit in order lo design audit prOdureS that are appropriate in the CircumstanS, but not for the purpose of expressing an opinion on the effectiveness of the charitable company's inlemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting eslimales and related disclosures made by the trustees. Conclude on the appropriateness of the Iruslees, use of the going concern basis of accounting and, based on the audit eviden obtained, whether a material uncertainty exists related lo events or conditions that may cast significant doubl on the charitable company's ability lo continue as a going concem. If we conclude that a material uncertainty exists, we are required lo draw attention in our auditor's report lo the related disclosures in the financial slalemenls or, if such disclosures are inadequate, lo modify our opinion. Our conclusions are based on the audit eviden obtained up lo the date of our auditor's report. However, future events or conditions may cause the charitable company lo ase lo continue as a going concern. Evaluate the overall presentation, structure and conlenl of the financial stslements, including the disclosures, and whether the financial slalemenls represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our Report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been Ljndertaken so that we might state to the charitable company's members those mallers we are required lo slate lo them in an auditor's report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. CuKf Elizabeth Irvine (Senior Statutory Auditor) For and on behalf of WMT, Chartered Accountsnls Statutory Auditor Verulam Point ststion Way StAlbans Herttordshire AL1 SHE 11 May 2022
THE EMMOTT FOUNDATION LIMITED STATEMENT OF FINANCIAL ACTIVITIES {incorporating #n Ineome Expenditure aeeount) FOR THE YEAR ENDED 31 AUGUST 2021 Unrestrlcted Funds 2021 Unrestrlcted Funds 2020 Note INCOME FROM Investments Donations and legacies 336.627 86.390 408.484 85,760 Total Income 423.017 494.244 EXPENDITURE ON Raising Funds- Investrnenl Manager Costs 112,7591 16,2181 Charitable activities 8&9 1421,6181 1408,1981 Total Expenditure 1434,3771 1414,41SI Nel lexpenditurellincome before gains and losses on Investmen15 111,3601 79,828 NetGainslllossesl on investments 1,598,099 11,681,849) Net IncomellExpenditurel 1,586,739 11,602,021) Fund Balance as at 1 September 2020 9,234,080 10,836,101 Fund Balance as at 31 August 2021 10,820,819 9,234,080 All activities relate lo continuing activities.
THE EMMOTh FOUNDATION LIMITED BALANCE SHEET AS AT 31 AUGUST 2021 Note 2021 2020 FIXED ASSETS Investments Tangible Assets 9,783,643 76 8,469,554 96 9,783,719 8,469,650 CURRENT ASSETS Child & Co Bank Accounts Stockbrokers accounts Debtors 841,910 303,858 1,000 802.818 32,445 10,000 11 1,146,768 845,263 CREDITORS.. Amounts falling due Wlthln one Year 10 109,668 80,833 NET CURRENT ASSETS 1,037,100 764,430 TOTAL NET ASSETS 10,820,819 9,234,080 Represented by: UNRESTRICTED FUNDS 10,820,819 9,234,080 10,820,819 9,234,080 The financial statements have been prepared in accordance with the special provisions applicable lo companies subject to the small companies, regime. Under s454 of the Companies Act 2006, on a voluntary basis the Council can amend these financial statements rf they subsequently prove defective. The financial statements were approved and aulhorised for issue by the council on 12 April 2022 and were signed below on its behalf by Richard Dick The notes on pages 11 10 15 form part of these financial slalemenls. The Registered Charity No. is 209033. The Registered Company No. is 00710369
THE EMMOTh FOUNDATION LIMITED STATEMENT OF CASH FLOWS YEAR ENDED 31 AUGUST 2021 2021 2020 Nota Cash used in operating activities 1310,1331 1302,2571 Cashflows from investing activities Purchase of investments Proceeds from sale of investments IlncreasellDecrease in investment portfolio Cash Investment income 12,880,753) {5,614,5661 3,164,763 5,585,332 1271,2511 35,452 336,627 408,484 349,386 414,702 Incroa$e in cash at bank and on dgPOSit 39,253 112,445 Cash at bank and on deposlt at beglnnlng of year 802,818 690,373 Cash at bank and on deposit carried forward 842,071 802,818 Note to Statement of cash flows 2021 2020 a R•¢onclllatlon of Not exp•ndltur¢ to Net Cash outflow from Operating Actlvltles Nel incomellexpenditurel Increase in creditors Decreaselllncreasel in Debtors Investment income Igainslllosses on investments Depreciation 1,586,739 28,835 9,000 1336,6271 11,598,099) 19 11,602,021) 36,375 110,0001 1408,4841 1,681,849 24 1310,1331 1302,2571 b Cash and cash oquivalonts Child & Co bank accounts Stockbroker income account 841,910 161 802,818 842,071 802,818 Changes in net debt At 1 September Cash Flows At 31 August Cash at bank and in hand 802,818 39,253 842,071 10-
THE EMMOTT FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS The Financial Statements have been prepared in accordance with applicable accounting standards. The particular accounting policies are described below.. ACCOUNTING POLICIES The principal accounting policies of the Charity are as follows Ba818 of accounting The financial slalemenls have been prepared in accordan 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 UK and Republic of Ireland IFRS 1021 (effective 1 January 20151- (Charities SORP IFRS 10211 (second edilionl, the financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. {a) The Emmott Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise staled in the relevant accounting policy notes. The functional and presenlalional currency is sterling. The Charity is a Company limited by guarantee and is governed by ils Memorandum and Articles of Association dated 12 December 1961. The registered addres5 15 10 Queen Street Pla, London, EC4R 1AG. {b) Investments Investments are staled at the middle-market values ruling al the balance sheet date. Income arising from these investments is accounted for when il is receivable. Realised gains and loses are calculated on proedS less opening market value. (c) Tangibl¢ assets Depreciation is provided lo write off tangible assets over their estimated useful lives al 200A on the wrillen down value. {d) Expgnditure Support and Overhead costs have been allocated between Governance and Charitsble activities on the basis of lime spent and are accounted for on an accruals basis. (0) Taxation The Foundation is not liable lo U.K. Taxation If) School Fees School fees are accounted for in the Slalemenl of Financial Activities when they are due. Ig) Investment Management Fees Investment Management fees are payable when the broker commissions fall short of the guaranteed minuimum management sums due to the broker. (h} Donations Received Donations received are accounted for In the Statement of Financial Activities on a receivable basis, with grants subject to donor imposed Conditions specifying the lime period in which the expenditure of resources can take place treated as deferred Income. Going Concem The Council is of the opinion that the Charity has adequate resources lo continue in operational existen for the foreseeable future and there are no material uncertainties regarding the Charity's ability to do so. Cash at bank and In hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the deposit similar account.
THE EMMOTT FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS {k) Creditors and provisions Creditors and provisions sre recognised where the Charity has 8 prèsent oblig8lion resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation Can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Debtors Trade and other debtors are recognised al the settlement amount due after any trade diswunt offered. Prepayments are valued at the amount prepaid net of any trade discounts due. {ml Financial Instruments The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initally recognised at transaction value and subsequently measured at their settlement value with the eXpIlOn of bank loans which are subsequently measured at amortised cost using the effective interest method. {n) Fund Accounting Unreslricled funds are available lo spend on activities that further any of the purposes of the charity. {0) Material judgements and uncertainties The preparation of the financial statements requires management lo make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as 31 the balance sheet dale and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those eslimales. There are no judgements made that have a significant effect on the amounts recognised in the financial stslements. TANGIBLE ASSETS Ioffice equipment) Cost al 1 September 2020 Additions 2021 2020 11,598 11,598 At 31 August 2021 11,598 11,598 Depreciation al 1 September 2020 Depreciation for the year 11,502 20 11,478 24 Al 31 August 2021 11,522 11,502 Net Book Value 31 August 2021 76 LISTED INVESTMENTS 2021 2020 Listed Securities on U.K. Stock Exchange Market Value as al 1 September 2020 8,469,554 10,122,170 Less. Disposals al opening market value Iproceeds £3,164,763) 12,973,544) 16,002,062) Add.. Acquistions al cost 2,880,753 5,614,566 Unrealised gainslllossesl during the year to 31 August 2021 1,406,880 11,265,120) Market Value as al 31 August 2021 9,783,643 8,469,554 Historical cost as al 31 August 2021 9,340,105 9,405,168 12-
THE EMMOTT FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS LISTED INVESTMENTS ICON'TI Historical Unrealised gainlllossl as at 31 August 2021 443,538 1935,6141 Individual holding exceeding 5% of the value of investments were Pimco Global Advisors Ltd UK Corp Bd Fd £633,62312020. £475,039). INCOME 2021 2020 Investment Income Non UK Investment Income Deposit Account Interest Stockbroker Interest 327,203 9,349 75 397,452 9,349 1,355 328 336,627 408,484 DONATIONS RECEIVED 2021 2020 Appeal W O Street Foundation Eleanor Hamilton 1,390 30,000 55,000 760 30,000 55,000 86,390 85,760 EDUCATION HIGHER EDUCATION 2021 2020 Direct individual fee assistance Sixth Fon Scholarship Bursary 306,386 21,000 10,000 325,436 6,6DO 337,386 332,038 Allocation of Support cost and overheads 2021 Support Costs 2021 Governance Costs 2021 Total Costs Allocatgd 2020 Total Costs Allocated Staff Costs Adminislralion Depreciation 32.278 35,427 3,512 12,996 35,790 48,423 19 30,799 45,339 24 67,722 16,510 84,232 76,162 13-
THE EMMOTT FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS Analysis of Charitable expenditure Grant Funded Activity Support & Governance Costs Total 2021 Total 2020 Education 337,386 84,232 421,618 408,198 337,386 84,232 421,618 408,198 Analysis of governance costs 2021 2020 Audit fees Expenses reimbursed Gross Wages Employers Nl Adminislralion Depreciation 9,060 875 3,289 224 3,060 6,270 847 2,795 224 3,060 16,510 13,198 During the year the Council had adminislralive employees12020- 21. No employees earned in excess of £60,000. The Council Consider that there are no employees that qualify as key management personnel. Neither the Council nor persons connected with them received any remuneration or other benefits from the Foundation. The aggregate amount of reimbursed expenses paid lo the Council members was £012020.. £01. The Foundation operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Foundation in an independently administered fund. The pension cost charge represents contributions payable by the Foundation to the fund and amounted to £Nil12019 . £01. Contributions lolalling £Nil12020 .' £0) were payable lo the fund al the balance sheet date. CREDITORS. amounts falling due within one year 2021 10 2020 Acwuntsncy fees Audit fees Wages & PAYE & NIC Defeired Income Expenses School fees 5,100 7,800 1,768 95,000 12,750 6,300 3,692 55,000 591 2,500 109,668 80,833 Deferred income was from two donation's that were received in advance of the 202112022 academic year. The prior year defered income was released in the current year. Debtors 11 2021 2020 Pre-paid Scholarship School fees i 0,000 1,000 1,000 10,000 14-
THE EMMOTT FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS Financial Instruments 2021 2020 Financial A$s9ts Financial assets measured at fair value Financial assets measured at amortised cost 9,783,643 1,000 8,469,554 9,784,643 8,469,554 Financial liabilities Financial liabilities measured at amortised cost 12,900 19,641 Financial assets measured at fair value through profit or loss comprise listed shares. 13 CONTROLLING PARTY No single paty has ultimate control over the Foundation. 14 Related Party Transactions No Trustee or other person related to the charity had any personal interest in any contract or transaction entered Into by the charity during the year. 15-
| Net Income | £ | 3,278.10 | 3,933.72 | 703.74 | 1,534.04 | 5,223.78 | 6,659.03 | 11,899.72 | 4,416.12 | 1,207.99 | 2,504.86 | 3,027.14 | 2,193.25 | 2,160.30 | 6,686.80 | 2,995.02 | 58,423.61 | ||||||||||||||||||||
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| Date | 13/01/2021 | 23/07/2021 | 20/10/2020 | 21/06/2021 | 24/09/2020 | 21/01/2021 | 14/05/2021 | 08/01/2021 | 01/04/2021 | 01/04/2021 | 25/09/2020 | 18/12/2020 | 26/03/2021 | 18/06/2021 | 24/11/2020 | 28/04/2021 | |||||||||||||||||||||
| Market Value | 31/08/2021 | £ | 250,541 | 113,785 | 344,459 | 213,179 | 114,616 | 172,828 | 256,740 | 1,466,148 | |||||||||||||||||||||||||||
| Book Value | 31/08/2021 | £ | 250,541.00 | 113,785.00 | 344,459.00 | 213,179.00 | 114,616.00 | 172,828.00 | 256,740.00 | 1,466,148.00 | |||||||||||||||||||||||||||
| Holding | 31/08/2021 | 18,732 | 19,034 | 85,241 | 115,294 | 29,276 | 58,201 | 16,639 | |||||||||||||||||||||||||||||
| Profit | (Loss) | £ | 6,172.58 | 8,462.72 | 1,268.27 | (1,629.25) | 6,271.53 | 9,809.73 | (4,708.71) | (2,326.53) | (1,577.63) | (4,273.44) | (586.04) | (1,266.25) | 9,206.87 | 7,941.53 | 32,765.38 | ||||||||||||||||||||
| Proceeds | £ | (74,835.00) | (11,763.00) | 34,607.70 | 26,336.06 | (95,843.11) | 87,729.27 | 19,894.00 | 27,589.89 | 30,337.46 | (66,176.07) | 22,172.34 | 43,899.19 | 28,671.42 | 86,473.72 | 11,179.31 | 23,116.60 | 5,902.69 | 56,960.95 | (27,183.45) | 40,609.62 | (56,722.24) | 212,957.35 | ||||||||||||||
| Disposals | Quantity | 10,131 | 6,368 | 846.00000 | 19,224 | 19,041 | 16,919 | 6,361 | 11,229 | 7,348 | 22,044 | 2,858 | 5,923 | 19,083 | 2,909 | ||||||||||||||||||||||
| Date | 31/08/2021 | 31/08/2021 | 20/01/2021 | 25/06/2021 | 31/08/2021 | 26/08/2021 | 30/10/2020 | 20/01/2021 | 27/05/2021 | 31/08/2021 | 17/02/2021 | 05/08/2021 | 26/08/2021 | 27/08/2021 | 31/08/2021 | 31/08/2021 | 31/08/2021 | 20/01/2021 | 31/08/2021 | 20/01/2021 | 31/08/2021 | ||||||||||||||||
| Cost | £ | 20,875.73 | 27,921.62 | 39,752.40 | 20,965.87 | 25,135.93 | 29,126.94 | 29,723.63 | 44,953.85 | 238,455.97 | |||||||||||||||||||||||||||
| Additions | Quantity | 8,066 | 6,611 | 25,397 | 11,414 | 7,189 | 8,927 | 15,333 | 2,831 | ||||||||||||||||||||||||||||
| Date | 30/10/2020 | 25/08/2021 | 17/02/2021 | 25/08/2021 | 20/01/2021 | 25/06/2021 | 30/10/2020 | 17/02/2021 | |||||||||||||||||||||||||||||
| Book Value | 01/09/2020 | £ | 175,706.00 | 102,022.00 | 246,127.00 | 86,461.00 | 149,654.00 | 296,507.00 | 163,675.00 | 187,732.00 | 1,407,884.00 | ||||||||||||||||||||||||||
| Holding | 01/09/2020 | 18,732 | 19,034 | 87,063 | 846.00000 | 133,667 | 68,923 | 61,951 | 16,717 | ||||||||||||||||||||||||||||
| 3i Group plc | Ordinary 73 19/22p shares | Avast Plc | Ordinary GBP0.10 | Aviva | Ordinary 25p shares | Axa Funds Management Sa | US Hgh Yield Bnds I GBP Inc | Barclays Plc | Ordinary 25p Shares | Beazley Plc | Ordinary GBP0.05 | BP plc | Ordinary US$0.25 shares | Close Brothers Group Plc | Ordinary 25p shares | Carried Forward |
| Net Income | £ | 58,423.61 | 4,498.85 | 2,787.61 | 5,212.65 | 5,608.80 | 6,090.63 | 5,031.39 | 11,470.12 | 4,344.57 | 1,296.69 | 10,014.58 | 4,291.96 | 2,094.46 | 932.25 | 122,098.17 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date | 08/10/2020 | 08/04/2021 | 08/10/2020 | 14/01/2021 | 08/04/2021 | 08/07/2021 | 21/12/2020 | 21/12/2020 | 21/12/2020 | 22/10/2020 | 25/02/2021 | 11/09/2020 | 14/05/2021 | ||||||||||||||||||||||
| Market Value | 31/08/2021 | £ | 1,466,148 | 326,654 | 27,997 | 387,152 | 85,205 | 79,513 | 278,234 | 91,533 | 211,662 | 2,954,098 | |||||||||||||||||||||||
| Book Value | 31/08/2021 | £ | 1,466,148.00 | 326,654.00 | 27,997.00 | 387,152.00 | 85,205.00 | 79,513.00 | 278,234.00 | 91,533.00 | 211,662.00 | 2,954,098.00 | |||||||||||||||||||||||
| Holding | 31/08/2021 | 9,349 | 18,275 | 26,481 | 9,231.30000 | 740.00000 | 29,710 | 5,021 | 39,861 | ||||||||||||||||||||||||||
| Profit | (Loss) | £ | 32,765.38 | 3,050.83 | 5,374.17 | (13,104.03) | (3,476.56) | 1,810.65 | 2,703.28 | 7,819.11 | (658.38) | 36,284.45 | |||||||||||||||||||||||
| Proceeds | £ | 212,957.35 | 18,685.00 | 20,958.15 | (92,041.15) | (14,812.00) | 82,804.08 | (1,875.52) | 188,026.70 | (466.05) | 87,542.65 | (3,611.00) | 29,601.57 | (43,673.29) | 20,415.76 | (38,561.65) | 34,054.80 | (41,314.27) | 458,691.13 | ||||||||||||||||
| Disposals | Quantity | 623 | 621 | 6,592 | 20,862.00000 | 9,786.71400 | 3,407 | 1,194 | 8,397 | ||||||||||||||||||||||||||
| Date | 17/02/2021 | 27/05/2021 | 31/08/2021 | 31/08/2021 | 17/02/2021 | 31/08/2021 | 17/02/2021 | 31/08/2021 | 26/08/2021 | 31/08/2021 | 27/05/2021 | 31/08/2021 | 25/06/2021 | 31/08/2021 | 30/10/2020 | 31/08/2021 | |||||||||||||||||||
| Cost | £ | 238,455.97 | 27,243.24 | 50,098.35 | 29,839.21 | 28,344.91 | 373,981.68 | ||||||||||||||||||||||||||||
| Additions | Quantity | 2,085 | 3,553 | 3,252.00000 | 5,511 | ||||||||||||||||||||||||||||||
| Date | 30/10/2020 | 20/01/2021 | 20/01/2021 | 17/02/2021 | |||||||||||||||||||||||||||||||
| Book Value | 01/09/2020 | £ | 1,407,884.00 | 265,831.00 | 13,185.00 | 403,843.00 | 246,403.00 | 85,732.00 | 75,902.00 | 261,459.00 | 65,568.00 | 176,716.00 | 3,002,523.00 | ||||||||||||||||||||||
| Holding | 01/09/2020 | Brought Forward | Diageo Plc | Ordinary 28 101/108p shares | 10,593 | Elementis | Ordinary GBP0.05 18,275 |
GlaxoSmithKline Plc | Ordinary 25p Shares 27,435 |
Goldman Sachs Ast Mgt Fd Svcs Ltd | Emg Mkts Debt Portfolio Is GBP Dis Hgd | 26,841.30000 | Goldman Sachs Ast Mgt Fd Svcs Ltd | Global High Yield Portfolio Is GBP Dis | 9,786.71400 | Goldman Sachs Ast Mgt Fd Svcs Ltd | Emerging Mkts Corp Bd Ptf I GBP Hdg | 740.00000 | Ig Group Hldgs | Ordinary GBP0.00005 33,117 |
Imi | Ordinary GBP0.28571428 6,215 |
Informa Plc | Ordinary GBP0.001 42,747 |
Carried Forward |
| Net Income | £ | 122,098.17 | 1,208.02 | 2,687.88 | 1,230.09 | 669.04 | 1,014.30 | 859.78 | 950.99 | 506.92 | 485.86 | 3,969.52 | 3,989.72 | 10,942.92 | 22,305.32 | 899.78 | 2,499.05 | 176,317.36 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date | 08/01/2021 | 05/08/2021 | 18/06/2021 | 29/07/2021 | 30/09/2020 | 23/12/2020 | 24/03/2021 | 30/06/2021 | 25/11/2020 | 24/09/2020 | 25/05/2021 | 30/09/2020 | 28/04/2021 | 11/09/2020 | 20/05/2021 | ||||||||||||||||||||
| Market Value | 31/08/2021 | £ | 2,954,098 | 151,486 | 90,539 | 100,912 | 99,529 | 100,057 | 86,892 | 295,121 | 384,839 | 73,665 | 4,337,138 | ||||||||||||||||||||||
| Book Value | 31/08/2021 | £ | 2,954,098.00 | 151,486.00 | 90,539.00 | 100,912.00 | 99,529.00 | 100,057.00 | 86,892.00 | 295,121.00 | 384,839.00 | 73,665.00 | 4,337,138.00 | ||||||||||||||||||||||
| Holding | 31/08/2021 | 6,892 | 1,718 | 8,161 | 637 | 7,017 | 841.00000 | 674,099 | 186,815.00 | 29,025 | |||||||||||||||||||||||||
| Profit | (Loss) | £ | 36,284.45 | 4,467.29 | (91.63) | (2,753.29) | 416.13 | (7,506.49) | (427.92) | 3,973.67 | 25,942.13 | 18,054.48 | 78,358.82 | ||||||||||||||||||||||
| Proceeds | £ | 458,691.13 | 23,318.22 | (50,747.04) | 11,228.49 | (1,133.08) | 24,521.17 | 83,395.59 | 65.98 | 55,586.30 | 181,825.14 | 508.27 | 25.00 | 20,959.35 | 19,677.32 | 67,504.59 | (77,989.79) | 69,053.17 | (48,759.08) | 14,745.00 | 852,475.73 | ||||||||||||||
| Disposals | Quantity | 1,379 | 158 | 551 | 3,790 | 12,971 | 75,440 | 55,392 | 139,621 | 29,479.00 | |||||||||||||||||||||||||
| Date | 20/01/2021 | 31/08/2021 | 31/08/2021 | 31/08/2021 | 30/10/2020 | 24/03/2021 | 31/08/2021 | 30/10/2020 | 17/02/2021 | 31/08/2021 | 31/08/2021 | 30/10/2020 | 20/01/2021 | 27/05/2021 | 31/08/2021 | 27/05/2021 | 31/08/2021 | 31/08/2021 | |||||||||||||||||
| Cost | £ | 373,981.68 | 22,450.89 | 55,356.40 | 46,411.09 | 99,778.92 | 24,358.66 | 77,069.80 | 100,565.27 | 34,397.72 | 50,331.87 | 71,557.61 | 956,259.91 | ||||||||||||||||||||||
| Additions | Quantity | 1,165 | 935 | 783 | 8,161 | 152 | 5,259 | 7,017 | 86,322 | 113,769 | 33,912.00 | ||||||||||||||||||||||||
| Date | 17/02/2021 | 17/02/2021 | 18/02/2021 | 02/06/2021 | 20/01/2021 | 20/01/2021 | 25/08/2021 | 17/02/2021 | 25/08/2021 | 25/08/2021 | |||||||||||||||||||||||||
| Book Value | 01/09/2020 | £ | 3,002,523.00 | 97,139.00 | 185,998.00 | 167,432.00 | 86,917.00 | 211,055.00 | 315,521.00 | 88,410.00 | 4,154,995.00 | ||||||||||||||||||||||||
| Holding | 01/09/2020 | Brought Forward | Intermediate Capital Group Plc | Ordinary GBP0.2625 7,106 |
Intertek Group Plc | Ordinary shares of 1p | Ishares | Msci Japan USD Nav | Ishares | GBP Core Corporate Bond 1,194 |
Ishares | Ishares Core UK Gilts GBP 11,502 |
Jpmorgan Asset Mgmt(Europe)s.A.R.L | Emerging Markets Debt I2 GBP Dis Hgd | 841.00000 | Lloyds Banking Group | Ordinary GBP0.10 744,461 |
M&g Plc | Ordinary GBP0.05 182,382.00 |
Moneysupermarket.Com Group Plc | Ordinary GBP0.0002 29,025 |
Carried Forward |
| Net Income | £ | 176,317.36 | 7,382.68 | 137.25 | 144.65 | 134.36 | 145.80 | 146.60 | 138.33 | 116.21 | 177.78 | 162.92 | 146.33 | 170.10 | 161.34 | 852.72 | 2,784.53 | 2,690.87 | 2,282.58 | 2,180.67 | 717.78 | 1,295.59 | 4,238.38 | 5,543.30 | 2,532.73 | 6,005.65 | 216,606.51 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date | 30/04/2021 | 14/09/2020 | 14/10/2020 | 13/11/2020 | 14/12/2020 | 15/01/2021 | 12/02/2021 | 12/03/2021 | 16/04/2021 | 18/05/2021 | 14/06/2021 | 14/07/2021 | 13/08/2021 | 21/09/2020 | 30/09/2020 | 15/01/2021 | 31/03/2021 | 13/07/2021 | 29/09/2020 | 14/05/2021 | 29/09/2020 | 14/06/2021 | 02/09/2020 | 03/06/2021 | |||||||||||||||||
| Market Value | 31/08/2021 | £ | 4,337,138 | 182,566 | 35,298 | 633,623 | 254,581 | 297,777 | 386,498 | 6,127,481 | |||||||||||||||||||||||||||||||
| Book Value | 31/08/2021 | £ | 4,337,138.00 | 182,566.00 | 35,298.00 | 633,623.00 | 254,581.00 | 297,777.00 | 386,498.00 | 6,127,481.00 | |||||||||||||||||||||||||||||||
| Holding | 31/08/2021 | 19,057.00000 | 379.62600 | 58,291.00000 | 16,804 | 5,376 | 17,713 | ||||||||||||||||||||||||||||||||||
| Profit | (Loss) | £ | 78,358.82 | 28,815.06 | (69.51) | 9,477.33 | (25,727.84) | (16,756.01) | 3,760.49 | 5,420.73 | 83,279.07 | ||||||||||||||||||||||||||||||
| Proceeds | £ | 852,475.73 | (5,145.00) | (1,265.00) | 108,317.06 | 22,023.58 | (4,854.05) | 54,648.31 | (57,116.62) | 164,346.99 | 65,559.33 | 75,034.52 | 47,069.92 | 26,628.35 | (82,654.91) | 1,265,068.21 | |||||||||||||||||||||||||
| Disposals | Date Quantity |
31/08/2021 | 31/08/2021 | 17/02/2021 14,212 |
02/11/2020 2,059.00000 |
31/08/2021 | 20/01/2021 3,844 |
31/08/2021 | 17/02/2021 2,644 |
25/08/2021 1,187 |
31/08/2021 | 17/02/2021 2,567 |
04/08/2021 1,257 |
31/08/2021 | Page 19 | ||||||||||||||||||||||||||
| Cost | £ | 956,259.91 | 65,014.46 | 30,468.42 | 80,340.16 | 32,378.36 | 30,804.57 | 115,466.30 | 62,899.82 | 29,620.90 | 21,682.24 | 1,424,935.14 | |||||||||||||||||||||||||||||
| Additions | Quantity | 5,881.00000 | 2,836.00000 | 7,361.00000 | 3,435 | 448 | 1,846 | 1,107 | 1,925 | 989 | |||||||||||||||||||||||||||||||
| Date | 21/01/2021 | 25/03/2021 | 26/08/2021 | 30/10/2020 | 30/10/2020 | 20/01/2021 | 04/08/2021 | 30/10/2020 | 25/08/2021 | ||||||||||||||||||||||||||||||||
| Book Value | 01/09/2020 | £ | 4,154,995.00 | 177,421.00 | 34,033.00 | 79,502.00 | 475,039.00 | 210,257.00 | 436,031.00 | 317,057.00 | 5,884,335.00 | ||||||||||||||||||||||||||||||
| Holding | 01/09/2020 | Brought Forward | Nordea Investment Funds S.A.(Lu) | European High Yield Bond Hai GBP | 19,057.00000 | Northern Trust Lux Mgmt Co Sa | Ashmore Sicav Emg Mkt Debt Z2 GBP Dis | 379.62600 | Pearson Plc | Ordinary 25p shares 14,212 |
Pimco Global Advisors Irl Ltd | UK Corp Bd Fd Inst Inc GBP | 44,272.00000 | Prudential Plc | Ordinary 5p shares 17,213 |
Reckitt Benckiser Group Plc | Ordinary shares of 10P 5,806 |
Relx Plc | GBP0.1444 18,623 |
Carried Forward |
| Net Income | £ | 216,606.51 | 5,006.10 | 2,432.87 | 2,511.35 | 2,224.20 | 2,279.99 | 1,836.33 | 1,694.26 | 1,679.45 | 111.81 | 1,849.62 | 2,188.20 | 4,939.08 | 1,958.88 | 13,954.64 | 6,560.18 | 267,833.47 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date | 04/05/2021 | 22/09/2020 | 16/12/2020 | 29/03/2021 | 21/06/2021 | 30/09/2020 | 31/12/2020 | 31/03/2021 | 07/04/2021 | 30/06/2021 | 24/09/2020 | 06/05/2021 | 04/05/2021 | 18/09/2020 | 11/03/2021 | |||||||||||||||||||||
| Market Value | 31/08/2021 | £ | 6,127,481 | 341,358 | 266,123 | 271,744 | 268,788 | 236,326 | 216,652 | 435,665 | 8,164,137 | |||||||||||||||||||||||||
| Book Value | 31/08/2021 | £ | 6,127,481.00 | 341,358.00 | 266,123.00 | 271,744.00 | 268,788.00 | 236,326.00 | 216,652.00 | 435,665.00 | 8,164,137.00 | |||||||||||||||||||||||||
| Holding | 31/08/2021 | 160,187 | 18,597 | 184,860.000 | 36,215 | 6,252 | 48,972 | 26,687 | ||||||||||||||||||||||||||||
| Profit | (Loss) | £ | 83,279.07 | 1,263.81 | 7,780.20 | 13,765.38 | 16,401.49 | 183.47 | 10,403.31 | 8,930.38 | 142,007.11 | |||||||||||||||||||||||||
| Proceeds | £ | 1,265,068.21 | 24,567.36 | 28,593.34 | 35,547.43 | (128,184.16) | 68,073.80 | (57,302.03) | 22,553.90 | (6,689.41) | 1,515.69 | (55,143.00) | 33,304.52 | (88,785.41) | 40,658.70 | (95,201.09) | 1,088,577.85 | |||||||||||||||||||
| Disposals | Quantity | 20,661 | 18,453 | 17,096 | 4,861 | 15,774.000 | 8,771 | 2,487 | ||||||||||||||||||||||||||||
| Date | 30/10/2020 | 20/01/2021 | 25/06/2021 | 31/08/2021 | 20/01/2021 | 31/08/2021 | 30/10/2020 | 31/08/2021 | 31/08/2021 | 31/08/2021 | 20/01/2021 | 31/08/2021 | 25/08/2021 | 31/08/2021 | ||||||||||||||||||||||
| Cost | £ | 1,424,935.14 | 63,149.15 | 22,346.43 | 46,586.28 | (123.96) | 27,357.94 | (116.53) | 45,175.57 | 50,062.58 | 59,751.44 | 50,186.68 | 110,302.99 | 19,316.80 | 33,697.23 | 1,952,627.74 | ||||||||||||||||||||
| Additions | Quantity | 34,358 | 10,413 | 3,335 | 18,468.000 | 30,558.000 | 6,704 | 7,992 | 6,716 | 14,803 | 6,931 | 2,288 | ||||||||||||||||||||||||
| Date | 17/02/2021 | 25/08/2021 | 17/02/2021 | 30/09/2020 | 20/01/2021 | 31/03/2021 | 25/08/2021 | 25/08/2021 | 26/08/2021 | 27/08/2021 | 31/08/2021 | 30/10/2020 | 04/08/2021 | |||||||||||||||||||||||
| Book Value | 01/09/2020 | £ | 5,884,335.00 | 193,577.00 | 213,907.00 | 215,132.00 | 181,183.00 | 131,451.00 | 338,495.00 | 7,158,080.00 | ||||||||||||||||||||||||||
| Holding | 01/09/2020 | Brought Forward | Royal Bank of Scotland Group Plc | Ordinary 25p shares 171,626 |
Royal Dutch Shell plc | Class 'B' Ordinary Euro 0.07 Shares | 20,123 | Royal London Asset Management | Sterling Credit Instl A GBP Dis Nav | 151,608.000 | Sage Group | GBP0.01051948 | Schroders Plc (New Co.) | Ordinary £1 shares (Voting) 6,252 |
Smith David S Holdings Plc | Ordinary 10p shares 50,812 |
SSE Plc | GBP0.50 26,886 |
Carried Forward |
| Net Income | £ | 267,833.47 | 303.08 | 1,436.72 | 13,208.26 | 1,518.72 | 3,985.56 | 2,373.18 | 5,746.53 | 5,310.24 | 13,498.34 | 13,000.92 | 3,406.30 | 4,930.52 | 336,551.84 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date | 04/09/2020 | 08/02/2021 | 27/04/2021 | 06/08/2021 | 07/10/2020 | 30/12/2020 | 31/03/2021 | 30/06/2021 | 05/02/2021 | 09/08/2021 | 09/11/2020 | 09/07/2021 | ||||||||||||||||||||||
| Market Value | 31/08/2021 | £ | 8,164,137 | 305,175 | 405,663 | 405,046 | 310,493 | 193,129 | 9,783,643 | |||||||||||||||||||||||||
| Book Value | 31/08/2021 | £ | 8,164,137.00 | 305,175.00 | 405,663.00 | 405,046.00 | 310,493.00 | 193,129.00 | 9,783,643.00 | |||||||||||||||||||||||||
| Holding | 31/08/2021 | 2,944.00000 | 12,837.00000 | 332,114 | 31,567 | 9,923.00000 | ||||||||||||||||||||||||||||
| Profit | (Loss) | £ | 142,007.11 | 3,508.49 | (21,444.02) | 21,350.39 | 4,900.57 | 8,105.45 | 7,149.48 | 5,650.92 | (2,963.33) | 6,867.37 | 4,269.43 | 11,817.10 | 191,218.96 | |||||||||||||||||||
| Proceeds | £ | 1,088,577.85 | 97,628.69 | 174,583.45 | 196,385.39 | 2,198.61 | 45,467.12 | 56,247.44 | 49,732.53 | 37,142.70 | (64,227.23) | 31,863.92 | 105,653.29 | (27,762.61) | 23,829.42 | 36,253.43 | (99,213.48) | 2,946.28 | 1,757,306.80 | |||||||||||||||
| Disposals | Quantity | 405.00000 | 1,909 | 2,115 | 1,544.00000 | 1,810.00000 | 1,601.00000 | 1,184.00000 | 31,252 | 86,959 | 3,028 | 3,651 | ||||||||||||||||||||||
| Date | 01/06/2021 | 06/08/2021 | 22/01/2021 | 31/08/2021 | 20/01/2021 | 25/06/2021 | 04/08/2021 | 26/08/2021 | 31/08/2021 | 30/10/2020 | 25/08/2021 | 31/08/2021 | 20/01/2021 | 25/06/2021 | 31/08/2021 | 31/08/2021 | ||||||||||||||||||
| Cost | £ | 1,952,627.74 | (336.38) | 94,456.58 | 196,027.47 | 207,924.04 | 20,575.57 | 33,134.43 | 46,242.71 | 50,413.05 | 47,797.51 | 35,238.84 | 173,295.50 | 22,779.78 | 2,880,176.84 | |||||||||||||||||||
| Additions | Quantity | 405.00000 | 1,909 | 1,967.00000 | 198.00000 | 1,338.00000 | 1,545.00000 | 39,763 | 40,241 | 4,183 | 8,799.00000 | 1,124.00000 | ||||||||||||||||||||||
| Date | 04/09/2020 | 18/02/2021 | 20/01/2021 | 25/03/2021 | 26/08/2021 | 30/10/2020 | 17/02/2021 | 25/06/2021 | 04/08/2021 | 17/02/2021 | 26/03/2021 | 27/05/2021 | ||||||||||||||||||||||
| Book Value | 01/09/2020 | £ | 7,158,080.00 | 175,035.00 | 78,874.00 | 424,842.00 | 412,686.00 | 220,037.00 | 8,469,554.00 | |||||||||||||||||||||||||
| Holding | 01/09/2020 | Brought Forward | Ubs Asset Management (Uk) Ltd | S&p 500 Index J Inc Nav | UBS ETF PLC MSCI ACW1 UCITS | UBS IRL PLC | MSCI ACWi SF Units hedged USD ETF | 2,115 | Union Bancaire Privee Sa | Global High Yield Solution Ih GBP Dist | 779.00000 | Vanguard Investment Series | Ftse 100 Etf Inc Nav 16,093.00000 |
Vodafone Group Plc | Ord USD0.209538 370,321 |
WPP Group Plc | Ordinary 10p shares 34,063 |
Xtrackers (Ie) Plc | Xtrackers Msci Wld Ucits Etf 2d GBP Hgd | TOTAL: |