THE ALEXANDRA HOMES
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
DUDLEY GORE & CO. 50 QUEEN STREET
RAMSGATE KENT CT11 9EE
THE ALEXANDRA HOMES
| CONTENTS | PAGE |
|---|---|
| Trustees annual report | 1 |
| Independent Examiner’s report to the Trustees | 4 |
| Income and expenditure account | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 16 |
THE ALEXANDRA HOMES
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023
Officers and Financial Advisers
President
DS Gore
Vice-Presidents
Mrs J Gibbs SA Matsubara PJ Saunders
Trustees of the Freehold and Personal Estate
DS Gore Mrs J Gibbs PJ Saunders SA Matsubara
Committee of Management P Graham (Chairman) JG Davies DS Gore SA Matsubara N Pope PJ Saunders RCB Moulsdale (Resigned July 2023) MFJ Weston Mrs S White Mrs J Gibbs Mrs L Pittock
Bankers
Lloyds Bank Plc, 1/3 The Centre, Margate
Investment Advisers
Rathbones, Glasgow
Honorary Independent Examiners
Dudley Gore & Co, 50 Queen Street, Ramsgate, CT11 9EE
Warden
Mrs SE Lowe
Secretary/Treasurer Mrs S-J Locking Tel: 01843 223601
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THE ALEXANDRA HOMES
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 (CONT)
The Trustees present their report along with the financial statements of the charity for the year ended 30[th] September 2023. The financial statements have been prepared in accordance with the accounting policies set out on page 8 and comply with the charity’s trust deed and applicable law.
Constitution
The Alexandra Homes were founded in 1865 to commemorate the arrival off Margate of Princess Alexandra of Denmark in March 1863, shortly before her marriage to Edward, Prince of Wales. The homes are governed by a Deed of Settlement and are registered as a charity No. 211760.
Principal office
The Alexandra Homes, Tivoli Road, Margate, Kent CT9 5SG.
The names and addresses of other relevant organisations and individuals are shown on page 1.
Organisation
The names of the Trustees who have served during the year, other office holders and advisers of the Homes are as stated on page 1 of the annual accounts. Trustees are appointed by the board of Trustees and serve for three years after which period they may put themselves forward for re-appointment. The Trustees meet monthly and as required, sub-committees are formed which report to the full board of Trustees. The Homes are particularly fortunate in having a dedicated team who undertake the day to day running of the charity, who are the Secretary/Treasurer, the Warden and one relief Warden. In addition, the Trustees represent a wide spectrum of abilities both professional and pastoral and are called upon regularly to give of their expertise.
Relationships with related organisations
The Trustees encourage close liaison with Orbit South Housing Association, Social Services, The Local Authority, The Almshouse Association and other similar organisations.
Objects
The objects of the Homes are to provide secure and inexpensive accommodation for the benefit of the elderly, worthy residents of Margate, and to provide for them a caring and happy environment in which to live.
The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Homes’ aims and objectives and in planning future activities.
Activities of the charity
The Trustees have adopted an ongoing policy for repair and refurbishment of the residential accommodation particularly having regard to the age and design of the properties. Residential units are being upgraded in accordance with current standards and conditions and the Trustees are mindful of their responsibilities in ensuring the well-being and security of the residents. Several properties have been fully refurbished throughout the year as they became vacant. The Quinquennial Inspection was carried out in 2022 and works are underway as recommended in the report.
The Residents’ Lounge has continued to see good usage since it was reopened in March 2022 when COVID19 restrictions were finally lifted. The residents have enjoyed regular coffee mornings, film afternoons and bingo evenings. Children from a local school came to lead carol singing with the residents and are keen to come again. There have been two well attended Afternoon Tea parties organised by a group of residents to raise money for charity. There was also a highly successful Coronation party in the Lounge and grounds, complete with entertainment. Family and friends were invited to come along, and a lovely time was had by all. Christmas lunch at a local restaurant was well attended with over 90% of residents joining the staff, and it was possible to offer a subsidised meal to residents due to a generous donation. Plans are now being made for various Christmas activities including lunch and a party.
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THE ALEXANDRA HOMES
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 (CONT)
Financial review and investment policy
The principal income of the charity is from weekly maintenance contributions from the residents, supplemented by investment income, rent received from a property investment, and voluntary donations. The trustees consider that generally the charity’s incoming and outgoing resources are well structured and suitable to ensure the continued successful running of the homes.
The Trustees maintain a wide range of investments on the stock market and endeavour to maintain a policy of approximately 40% - 45% in fixed interest with the balance in equities.
The investments are regularly reviewed by the stockbrokers, and they assure us of the quality of the investments held. To facilitate investment management, the registration of the investments is held in a nominee company of the stockbrokers.
Reserves Policy
It is the policy of the Charity to maintain unrestricted funds, which are the free reserves (excluding investments) of the Charity, at a level that equates to approximately six months unrestricted expenditure. This provides sufficient funds to cover management, administration and support costs.
Risk Management
The Trustees have considered the major risks to which the charity is exposed, particularly those related to the operations and finances of the charity and are satisfied that systems are in place to mitigate our exposure to the major risks.
.
Trustees’ responsibilities in relation to the financial statements
The trustees are responsible for preparing the Trustees Report and the financial statements 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 financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures
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disclosed and explained in the financial statements.
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by:
……………………………
P Graham, Chairman Date:
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THE ALEXANDRA HOMES
INDEPENDENT EXAMINER’S REPORT
I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 September 2023 which are set out on pages 5-18
Respective responsibilities of trustees and examiner
As the charity’s trustees of the Alexandra Homes you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Alexanda Homes accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Alexandra Homes as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Date:
PETER R SMITH
ICPA [Fellow] ACPA Dudley Gore & Co 50 Queen Street Ramsgate, Kent CT11 9EE
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THE ALEXANDRA HOMES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023
| UNRESTRICTED RESTRICTED ENDOWMENT TOTAL FUNDS FUNDS FUND 2023£ 2023£ 2023£ 2023£ INCOMINGANDENDOWMENTSFROM Charitable activities Voluntary income 2 710 - - 710 Income from investments Investment property rent 7,819 - - 7,819 Income from investments 3 19,858 1,903 - 21,761 Income from charitable activities: Maintenance contributions 4 163,355 - - 163,355 Other income 868 - - 868 _______ TOTAL INCOMINGRESOURCES 192,610 1,903 - 194,513 _______ RESOURCESEXPENDED Charitable activities Maintenance and overheads 5 102,116 - 102,116 Grants to residents 6 - 1,860 - 1,860 Wardens 7 28,684 - - 28,684 Support costs 8 24,651 - - 24,651 Governance costs 9 984 - - 984 _______ TOTALRESOURCESEXPENDED 156,435 1,860 - 158,295 _______ NETINCOMING/[OUTGOING] RESOURCES FOR THE YEAR 36,175 43 - 36,218 Gain/(loss) on investments 12 8,777 (17) 8,760 Gain on freehold property investment 5,000 - 5,000 Transfers between funds - - - - _______ NET MOVEMENT IN FUNDS49,952 43 (17) 49,978 RECONCILIATION OFFUNDS Transfers between funds - - - - Total funds brought forward 764,127 1,485 27,438 793,050 _______ TOTALFUNDSCARRIEDFORWARD 814,079 1,528 27,421 843,028 _________ |
TOTAL 2022£ 680 9,180 21,113 145,606 643 _ 177,222 _ 143,856 2,760 29,651 22,157 984 _ 199,408 _ (22,186) (61,258) 25,000 - _ (58,444) - 851,494 _ 793,050 __ |
|---|---|
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THE ALEXANDRA HOMES
BALANCE SHEET AT 30 SEPTEMBER 2023
| UNRESTRICTED RESTRICTED ENDOWMENT TOTAL FUNDS FUNDS FUND 2023£ 2023£ 2023£ 2023£ FIXEDASSETS Tangible assets 13 76 - - 76 UK investments 14 768,955 - 26,472 795,427 ________ 769,031 - 26,472 795,503 ________ CURRENTASSETS Debtors 15 6,198 - - 6,198 Cash at bank and in hand 16 43,712 3,388 949 48,049 _______ 49,910 3,388 949 54,247 CREDITORS Amounts falling due within one year 17 4,862 1,860 - 6,722 _______ NET CURRENT ASSETS45,048 1,528 949 47,525 _______ TOTAL NET ASSETS 814,079 1,528 27,421 843,028 _______ FUNDS 814,079 1,528 27,421 843,028 __________ |
TOTAL 2022£ 101 783,080 _ 783,181 _ 7,646 39,852 _ 47,498 37,629 _ 9,869 _ 793,050 _ |
|---|---|
| 793,050 __ |
These accounts were approved by the Management Committee on and signed on their behalf by:
P Graham (Chairman)
S-J Locking (Secretary/Treasurer)
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
1. ACCOUNTING POLICIES
Statement of compliance
The financial statement of the charity, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland’, the Charities Act 2011 and the Church Accounting Regulations 2006. The financial statements have also been prepared under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Financial Reporting Standard 102 – reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these financial statements as permitted by FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland: - the requirement of section 7 Statement of Cash Flows.
- the requirement of Section 3 Financial Statement Presentation paragraph 3.17(d)
Expenditure
All expenditure is included in full in the Statement of Financial Activities on an accruals basis. All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably.
Income
Income is recognised on an accruals basis and when the charity is legally entitled to the income. No income is included net of expenditure. Rent is deferred if it is received in respect of the following accounting year. No other income is not deferred.
Investment income
Investment income is accounted for in the period in which the charity is entitled to receipt. Income from the endowment funds is restricted.
Legacies
Legacies are included when they become receivable. This is defined as being when there is sufficient certainty of receipt and the value can be measured with reasonable certainty.
Tangible fixed assets and depreciation
The Alexandra Homes have been fully depreciated to a nominal value of £1. Equipment costing approximately £150 or more is capitalised and depreciated at 25% reducing balance.
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 (CONT.)
Fixed asset investments
All investments are professionally valued at the balance sheet date and the freehold investment property is valued by the trustees to reflect fair value, subject to the existing tenancy. Any gain or loss on revaluation is taken to the Statement of Financial Activities.
Funds
Details of the nature and purpose of each fund is set out in note 18.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Accounting estimates and judgements
No significant judgements have been made by management in preparing these financial statements.
Financial instruments
The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2. SUBSCRIPTIONS AND DONATIONS
Bequest s Other subscriptions and donations 3. INVESTMENT INCOME Dividends and interest Unrestricted Restricted Bank deposit interest Unrestricted Restricted |
2023 £ - 710 __ 710 _ 2023 £ 19,727 1,903 131 - 21,761 ___ |
2022 £ - 680 __ 680 _ 2022 £ 19,206 1,903 4 - 21,113 ___ |
|---|---|---|
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 (CONT.)
4. MAINTENANCE CONTRIBUTIONS
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Residents of Alexandra Homes | 163,355 | 145,606 |
| Others | - | - |
| ______ | ______ | |
| 163,355 | 145,606 | |
| ______ | ______ | |
| 5. MAINTENANCE AND OVERHEADS | ||
| 2023 | 2022 | |
| £ | £ | |
| General repairs and upkeep of grounds | 69,010 | 106,209 |
| Depreciation | 25 | 36 |
| Water rates | 6,703 | 5,679 |
| Council tax | 188 | 227 |
| Insurance | 3,699 |
3,520 |
| Lighting and heating | 20,699 | 26,230 |
| Emergency call system warranty and monitoring | 1,792 | 1,955 |
| ______ | ______ | |
| 102,116 | 143,856 | |
| ______ | ______ | |
| 6. GRANTS | ||
| 2023 | 2022 | |
| £ | £ | |
| Grants distributed to residents from: | ||
| Barker Trust restricted funds | 1,860 | 2,760 |
| ______ | ______ | |
| 1,860 | 2,760 | |
| ______ | ______ | |
| 7. WARDENS | ||
| 2023 | 2022 | |
| £ | £ | |
| Warden’s salary | 22,065 | 20,249 |
| Relief wardens | 5,516 | 8,390 |
| Employer’s pension | 1,103 | 1,012 |
| ______ | ______ | |
| 28,684 ______ |
29,651 ______ |
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 (CONT.)
8. SUPPORT COSTS
| 8.SUPPORT COSTS | ||||
|---|---|---|---|---|
| UNRESTRICTED | RESTRICTED | TOTAL TOTAL | ||
| FUNDS | FUNDS | |||
| **2023£ ** | 2023 | £ | **2023£ 2022 £ ** | |
| Secretary’s remuneration | 14,586 | - | 14,586 13,272 | |
| Employer’s pension | 729 | - | 729 664 | |
| Printing and stationery | 322 | - | 322 253 | |
| Telephone | 870 | - | 870 791 | |
| Bank charges | 319 | - | 319 347 | |
| Stockbroker’s nominee service fees | 6,113 | - | 6,113 5,340 | |
| Computer costs | 689 | - | 689 226 | |
| Professional fees | - | - | - 486 | |
| Subscriptions | 352 | - | 352 402 | |
| Sundries | 671 | - | 671 376 | |
| ______ ____ | ||||
| 24,651 | - | 24,651 22,157 |
9. GOVERNANCE COSTS
Honorarium (Independent examiner) |
2023 £ 984 __ 984 ____ |
2022 £ 984 __ 984 ____ |
|---|---|---|
10. STAFF COSTS AND TRUSTEE’S REMUNERATION
| 2023 £ Salaries (notes 7 & 8) 42,167 Pension costs (notes 7 & 8) 1,832 __ 43,999 ____ |
2022 £ 41,911 1,676 __ 43,587 ____ |
|---|---|
The average number of staff during the year (on a full time equivalent basis) was two. There is one part-time secretary, one full time warden and one part-time warden. No employee earned more than £60,000. Trustees received no benefits. No remuneration has been paid or is payable to any trustee or any persons connected to them.
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 (CONT.)
11. INDEPENDENT EXAMINER’S HONORARIUM
The charity pays an honorarium to the independent examiner in relation to the accountancy services provided and the independent examination (note 9).
12. GAINS/(LOSSES) ON INVESTMENTS
Revaluation of investments: Investments: Unrestricted funds Barker Trust endowment fund Sales of investments: Investments: Unrestricted funds Barker Trust endowment fund |
2023 2022 £ £ 8,210 (52,609) (17) (8,511) 567 (138) - - __ _ 8,760 (61,258) ___ |
|---|---|
13. TANGIBLE FIXED ASSETS
Freehold land and buildings of the Alexandra Homes are included in the accounts at a nominal written down value of £1.
| Equipment | |
|---|---|
| £ | |
| Cost brought forward | 1,550 |
| ______ | |
| Depreciation brought forward | 1,449 |
| Charge for the year | 25 |
| ______ | |
| Carried forward | 76 ______ |
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 (CONT.)
14. UK INVESTMENTS
FREEHOLD INVESTMENTS TOTAL INVESTMENT PROPERTY
| FAIR VALUE MARKET VALUE ££ At 1 October 2022 250,000 540,427 Fair value movement 5,000 Acquisitions at cost - Disposals at brought forward market value - Unrealised gain/(loss) on year end revaluation - ___ Total 255,000 540,427 ___ |
£ 790,427 5,000 __ 795,427 ____ |
|---|---|
A full schedule of investments is shown on page 15
The above investments are held to provide an investment return for the charity, rather than being part of its charitable activities.
15. DEBTORS
Sundry debtors Maintenance contribution debtor Prepayments 16. CASH AT BANK AND IN HAND Lloyds TSB current account Lloyds TSB instant access accounts Held by stockbrokers Cash in hand |
2023 £ 3,608 - 2,590 __ 6,198 _ 2023 £ 9,148 38,885 - 16 48,049 ___ |
2022 £ 5,449 - 2,197 __ 7,646 _ 2022 £ 11,074 28,753 - 25 39,852 ___ |
|---|---|---|
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 (CONT.)
17. CREDITORS
Amounts falling due within one year
Accrued expenditure Reserve for grants Received in advance |
2023 £ 4,862 1,860 - __ 6,722 ____ |
2022 £ 35,769 1,860 - __ 37,629 ____ |
|---|---|---|
18. FUNDS
Movement on funds:
Balances at 30 September 2023 are represented by:
Unrestricted Funds General funds Appeal fund Fair value reserve Restricted funds: Barker Trust Anne Groom Endowment Fund: Barker Trust Anne Groom Total funds |
NET GAIN/(LOSS) AS AT INCOMING ON TRANSFERS AS AT 1/10/2022 RESOURCES INVESTMENTS 30/09/2023 606,627 36,175 8,777 - 651,579 - - - - - 157,500 5,000 - - 162,500 1,485 43 - - 1,528 - - 27,438 - (17) - 27,421 - - - - - ____________ 793,050 41,218 8,760 - 843,028 _______________ |
|---|---|
Balances at 30 September 2022 are represented by:
| NET | GAIN/(LOSS) | |||
|---|---|---|---|---|
| AS AT INCOMING |
ON |
TRANSFERS | AS AT | |
| 1/10/2021 RESOURCES | INVESTMENTS | 30/09/2022 | ||
| Unrestricted Funds | ||||
| General funds | 681,195 (21,329) | (52,747) | (492) | 606,627 |
| Appeal fund | - - | - | - | - |
| Fair value reserve | 132,500 25,000 | - | - | 157,500 |
| Restricted funds: | ||||
| Barker Trust | 1,850 (857) | - | 492 | 1,485 |
| Anne Groom | - | - | ||
| Endowment Fund: | ||||
| Barker Trust | 35,949 - | (8,511) | - | 27,438 |
| Anne Groom | - - | - | - | - |
| _______________ | ||||
| Total funds | 851,494 2,814 | (61,258) | - | 793,050 |
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 (CONT.)
18. FUNDS (CONTINUED)
Balances at 30 September 2023 are represented by:
Unrestricted Funds General funds Appeal fund Fair value reserve Restricted funds: Barker Trust Anne Groom Endowment Fund: Barker Trust Anne Groom Total funds |
TANGIBLE FIXED ASSET CASH AT ASSETS INVESTMENTS DEBTORS BANK CREDITORS TOTAL 76 606,455 6,198 43,712 (4,862) 651,579 - - - - - - - 162,500 - - - 162,500 - - - 3,388 (1,860) 1,528 - - - - - - - 26,472 - 949 - 27,421 - - - - - - ____________ 76 795,427 6,198 48,049 (6,722) 843,028 _______________ |
|---|---|
Balances at 30 September 2022 are represented by:
Unrestricted Funds General funds Appeal fund Fair value reserve Restricted funds: Barker Trust Anne Groom Endowment Fund: Barker Trust Anne Groom Total funds |
TANGIBLE FIXED ASSET CASH AT ASSETS INVESTMENTS DEBTORS BANK CREDITORS TOTAL 101 599,091 7,646 35,558 (35,769) 606,627 - - - - - - - 157,500 - - - 157,500 - - - 3,345 (1,860) 1,485 - - - - - - - 26,489 - 949 - 27,438 - - - - - - ____________ 101 783,080 7,646 39,852 (37,629) 793,050 _______________ |
|---|---|
The Barker Trust was founded by Will and Codicils of William Barker proved in February 1877. The income of the Trust is to be applied first in lighting with gas the lamp placed by the Testator in the Alexandra Homes. Secondly in supplying in the months of April and October in every year to everyone in the Homes a half chaldron of coke to be broken and delivered to the residents and then to pay and apply in money the annual income of the Trust among the residents of the Alexandra Homes in such proportion as the Vicar of St John the Baptist, Margate and the Trustees of the Homes might think best.
In previous years the committee designated some funds towards an Appeal Fund in respect of the modernisation of the property.
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THE ALEXANDRA HOMES
SCHEDULE OF INVESTMENTS AT 30 SEPTEMBER 2023
Fixed interest securities 63,579 Aberdeen Standard Fund Global Index Linked Bond 35,164 Aberdeen Standard Fund Inv Grade Corp Bond 19,800 Liontrust Monthly Income Bond 25,583 M&G Corporate Bond Sterling Inc 23,662 M&G Global Macro Bond PP Inc 18,650 Treasury Stock 4.125% Index Linked 2030 170 Bluebay Funds Management Ordinary shares 4,900 Allianz Technology Trust 7,500 Ruffer Investment Co Preference shares 12,200 Greencoat UK Wind plc 35,000 Artemis Global Income Inst Inc 45,000 Bankers Investment Trust 2,500 Brunner Investment Trust 3,250 BP Ord US $0.25 750 Diageo Plc 28.94p 400 GlaxoSmithKline Plc 25p 3,800 Henderson Far East Income Ltd 1,500 HSBC Holdings 8,000 Murray International Trust Plc 2,200 Murray Income Trust Plc 100 Novartis 700 Royal Dutch Shell ’B’ 225 Unilever Plc 14,500 Lowland Inv Co 350 Admiral Group 8,000 Vodafone 2,000 City of London Investment Trust Fixed interest securities (Barker Trust) 12,000 Standard Chartered Plc 7.375% Non-cum Irred Pref 11,000 Lloyds Banking Group 9.25% Preference Total |
2023 Market value 30,550 15,145 15,302 20,697 19,337 63,229 14,499 _ £178,759 _ 12,814 20,175 17,080 39,088 43,605 26,500 17,271 22,755 5,968 8,360 9,674 19,000 18,326 8,407 18,242 9,140 16,385 8,320 6,146 7,940 _ £335,196 _ 12,210 14,262 __ £26,472 _ £540,427 _ |
|---|---|
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THE ALEXANDRA HOMES
SCHEDULE OF INVESTMENTS AT 30 SEPTEMBER 2022
Fixed interest securities 63,579 Aberdeen Standard Fund Global Index Linked Bond 35,164 Aberdeen Standard Fund Inv Grade Corp Bond 19,800 Liontrust Monthly Income Bond 25,583 M&G Corporate Bond Sterling Inc 23,662 M&G Global Macro Bond PP Inc 18,335 CT Investment Funds Sterling Corp Bond 18,650 Treasury Stock 4.125% Index Linked 2030 Ordinary shares 4,900 Allianz Technology Trust 7,500 Ruffer Investment Co Preference shares 12,200 Greencoat UK Wind plc 35,000 Artemis Global Income Inst Inc 45,000 Bankers Investment Trust 2,500 Brunner Investment Trust 3,250 BP Ord US $0.25 1,000 Diageo Plc 28.94p 400 GlaxoSmithKline Plc 25p 3,800 Henderson Far East Income Ltd 1,500 HSBC Holdings 1,600 Murray International Trust Plc 2,200 Murray Income Trust Plc 100 Novartis 700 Royal Dutch Shell ’B’ 225 Unilever Plc 14,500 Lowland Inv Co 350 Admiral Group 8,000 Vodafone 500 Haleon Fixed interest securities (Barker Trust) 12,000 Standard Chartered Plc 7.375% Non-cum Irred Pref 11,000 Lloyds Banking Group 9.25% Preference Total |
2022 Market value 32,578 14,583 14,798 19,883 21,700 14,844 61,346 _ £179,732 _ 10,903 21,600 18,361 37,118 43,155 23,450 14,076 37,975 5,223 10,032 7,010 18,720 16,368 6,874 15,725 8,930 15,152 6,701 8,090 1,396 _ £326,859 _ 12,162 14,327 __ £26,489 _ £533,080 _ |
|---|---|
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