2021-04-05-accounts - Charity Of Miss Ann Farrar Brideoake

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Contents			Page
Accountants' Report
Background notes and	accounting	policies
Income and Expenditure	Account
Investment Income for the year			4-5
Balance Sheet
Schedule of Investinents			8-9
Reconciliation and analysis ofMovement ofFunds			10

Trustees AFBrldeoake	Trustees AFBrldeoake	Trustees AFBrldeoake	deceased
Income and expenditure			account
for the year ended	5	April	2021
						2021			2020
Gross Income
investmentincome				Page 5			87,268			10"I,868
Rents, ground rents		etc.
Market Weighton	property						1,610				1,615
Lowton St.Mary's	properties
Leigh properly
Perpetual rent charge
Chorlton-curn-Hardy,		Manchester
Interest received
Bank Interest											737
Mortgage interest
							89,362
Expenditure
Trustee expenses					135			152
Public liability insurance					865			797
Legal charges etc.					26,340			26,481
Accountancy charges					1,380			1,380
Bank charges					156			155
							28877			28888
							60,486			75,256
Bounties							41,600			39,400
Net incornel(expenditure)			for the year				18,886			35,856
								7iyf. ~io	4&$4	/pl	wv4-bJ
								QA	~~N	A&$1+~~81

					2021	2020
Interest, from Government			Securities
1.25'Io ILTreasury Stock		2027			1,284	1,262
Wider Range Securities
The Equities investment		Fund		for Charities	16,770	2'I,710
Aberdeen Diversiffed					950	820
Standard Life Aberdeen					890	890
Alliance Trust					690	670
Artemis Global inc					755	1,098
Asia Dragon Trust					142	142
AstraZeneca					'3,405	3,591
Aviva					274	638
Avfva VS Equity Income					1,267	1,016
BAE Systems					667	542
Balfour Beattie						115
BHP Group					1,726	1,690
Blackrock Cont Eu Inv					1,257	1,303
BMO Comm Prop Trust					704	1,625
BNY Mellon					816	827
BP					1,405	2,268
British Land					'161	604
Compass Group						458
Capital Emerging Mkts Total			Opp Inc		379	500
Carnival						318
Centrica						422
Derwent London					154	142
Diageo					1,359	1,334
Experfan					918	927
First State						350
First Trust Gl Equity					613	453
GlaxoSmithKline					, 712	7'f2
HSBC Holdings						4,?49
Henderson Eurotrust					598	671
IMI					509	617
Inmarsat						114
ishares					598	659
Johnson Matthey					205	348
JPMorgan American	investment			Trust	504	504
JPMorgan Emerging	Markets				144	9'f
JPMorgan US Eq Inc					575	216
Jupiter Euro Inc					40	129
Land Securities					97	249
Law Debenture Corporation					5,46?	2,741
Gross Income					46,03?	57,513

					2021	2020
						E
Lion Trust Euro income					759	720
M8G					170
Marks &Spencer						707
Meggitt						346
Mercantile Investment		Trust			1,063	845
Monks Investment Trust					134	99
National Grid					918	951
NB Global Fl Rate					939	818
Pearson					158	154
Pennon Group					669	760
Prudential					195	391
Reckitt 8 Benckiser					201	199
Relx					946	896
Royal Dutch Shell					1,328	3,969
Rio Tinto					3,834	6,355
Schroder Asian Inc Fund					683	654
Scottish 8 Southern	Energy				872	1,000
Scottish Mortgage Investment				Trust	640	606
SQN Asia Fin Inc						1,110
Standard Chartered						131
Standard Life Eq inc	Trust				1,049	985
Standard Life Inv Prop					971	1,200
Tate 8 Lyle					181	181
Temple Bar Inv Tr					450	601
Tesco					6,184	.689
Twentyfour Inc Fund					557	392
3i Infrastructure					530	498
Unilever					726	700
Valu-Tree Gravis Inc					2„149	1,273
Vodafone					1,020	952
Whitb read						254
Witan Inv Trust					929	856
Artemis StBond					1,273	1,343
Franklin Temp IL Bond					1,633	2,630
Fidelity Infl Lkd Bond						82
Henderson Diversified		Ord	NPY		491	491
Henderson Gbl Inv Preference				&BD	1,167	1,003
Kames Capital Sterling		Corp Bond			1,108	1,117
invesco Perp Corporate		Bond			1,482	1,85S
M &G Strat Corp Bond					1,740
M8 G Gl Makro Bond					459	428
National Grid Gas IL					368	671
Ninety One Fund Emerging			Markets Local Curr Debt		351	410
Pimco Sel In Bond					'I„826	1,736
Threadneedle H YBond					1,079	1,280

Trustees AFBrldeoake dece	ased
Balance Sheet							+nC~
as st5April 2021							~	vl e
					2021		2020
							"~$7!5+
Investments			Page 8		3,098,046		2,314,265
Freehold Properties
Leigh				633		633
Lowton St, Mary's				445		445
Market Weighton				693		693
					1,770		1,770
Perpetual Rent Charge
R7per annum at Chorlton-curn-Hardy,		Mic.			161		'i61
Freehold Ground Rents
Leigh				176		176
Lowton St.Mary's				615		615
					791		791
l oans on INortgage 6 8 KGailey					2,000		2,000
Cash and bank balances
HSBC-current account				12,450		4,258
Walker Cnps Group				789,043		739,269
Cowling Swift & Kitchen-Clients'	account			824,296		880,287
					1,625,789		1,623,813
Debtors
income tax
					4,728,556		3,942,859
Less: Current liabilities
Accruals						797
Cowling Swift 8 Kitchen
Accountancy				2,760		1,380
					2,760		1,380
					4,725,796		3,941,479

			2021	2020
Funds
Permanent	Endowment		4,606,268	3,957,420
General			119,527.90	100,642
		'	4,725,796	4,058,062


					Market Value	Cost	Market Value	Cost
								f.
Government Securities
1.25%Treasury IL202T					135,663	100,164	136,'734	100,184
					135,663	100,164	136,734	100,164
Wider Range Securities
The Equities Investment		Fund	for Charities		382,712	30,110	298,423	30,110
Alliance Trust					44,880	8,088	29,232	8,098
Aberdeen Diversified					16,565	18,909	15,208	18,909
Abemleen Standard	Equity inc				16,822	20,831	13,641	20,931
Artemis Global Income					39,249	36,400	28,905	35,400
Asia Dragon Trust					15,761	12,012	10,268	12,012
AstraZeneca					117,9T9	3,T52	1'I7,519	3,752
Avhra					8,624	8,498	4,924	8,496
Avfva UK US Eq inc					43,471	24,901	31,753	24,901
Axa Framllngton					64,81T	8,999	42,256	9,999
BAE Systems					12,250	7,954	12,000	7,954
Balfour Beatty					8,495	5,980	4,5T2	5,990
BHP Group					31,020	30,185	18,818	30,185
Blackrock Cont Eu					47,285	39,923	35,758	39,923
BMO Comm Prop Trust					20,912	33,552	20,150	33,552
BNY Mellon AS Inc					24,462	20,199	18,270	20,199
BP					20,288	38,472	23,611	36,472
British Land					9,784	10,022	6,038	10,022
Capital Intf Emerging	Mkts				9,684	10,000	8,192	10,000
Carnival					3,252	5,814	1,230	6,814
Centrica					2,387	10,597	1,357	10,597
Compass Group Derwent London					'l7,103 8,875	9,288 5,005	12,584 6,313	9,288 5,005
Dlageo					58,486	678	47,808	6TB
Experisn Group					63,650	1,403	52,850	1,403
First Sentier Stewart Asia		Pac Ld		rs Trust	47,S38	20,857	33,227	20,657
First Trust Gl Funds Eq Markets					18,004	20„048	14,96'I	20,048
GlaxoSmithKllne					11,371	10,010	13,256	10,010
Henderson DivsrsiBed					9,232	10,025	7,872	10,025
Henderson Preference 8 Bond					28,182	24,997	23,515	24,SS7
Henderson Eurotrust					34,297	19,896	23,757	19,SSB
HSBC Holdings					50,754	11,087	47,636	11,097
3l Infrastructure					'I6,536	' 9,987	13,413	9,997
IMI					1S,994	B,T34	10,925	5,734
Inrnarsat
Ishares S8P					47,584	10,5S4	33,481	10,584
JP Morgan American	lnv	Trust			47,043	9,898	28,056	9,996
JP Morgan Emerging	Markets				13,2ST	10,018	8,048	10,018
JP Morgan US Eq income					29,224	25,175	18,5SB	25,175
Johnson Matthey					12,086	4,442	B,T51	4,442
Jupiter European Income					27,520	25,132	21,978	25,132
					1,632,511	718,786	1,302,705	718,766

					2020
			Market Value	Cost	Market Value	Coat
Wider Range Securities (continued)
KKV Secured Loan Fund			3,553	14,174	4,900	17,904
Land Securities			3,782	2,998	2,774	2,988
Law Debenture Corporation			101,618	29,881	63,248	29,861
Legg Mason Asia Pacific			2T,678	10,312	19,971	10,312
Lion Trust Eu Inc			25,980	20„072	18,925	20,072
M&G pic			1,633	648	853	548
Marks &Spencer			10,973	4,043	6,768	4,043
Meggitt			10,055	8,001	4,449	8,001
Mercantile lnv Trust			41,216	15,013	25,792	15,013
Monks Investment Trust			73,?45	'13,928	40,743	'I3,928
National Grid			16,173	11,941	15767	11,941
NB Global Fl rate Inc			16,489	,'18,024	13,520	18,024
Ninety One Fund Man Emerging		Mkts Local Curr	5,923	10,000	5,873	10,000
Pearson			6,245	,10,Q16	3,870	10,016
Pennon Group			17,809	13,087	18,967	13,08?
Prudential			12,102	~ 3,431	7,178	3,431
Reckitt Benddser			7,472	8,091	T,190	8,091
Relx			37,985	9,'?94	34,911	9,794
Royal Dutch Sheg			36,02S	26,892	38,268	26,892
Rio Tinto			T0,692	'10,216	48,517	10,216
Schroder Asian Inc Fund			22,28S	20,189	15,657	20,189
Scottish &Southern Energy			15,808	7,432	11,842	7,432
Scottish Morg lnv Trust			225,234	24,9SB	$04,200	24,996
Standard Chartered			3,T16	10,847	3,081	10,847
Standard Life Aberdeen			12,106	12,166	7,946	12,166
Standard Life Inv Prop			17,927	23,002	22,096	23,002
Tats &Lyle			4,670	4,996	3,748	4,996
Temple Bar Inv Trust			13,432	15,033	8,541	15,033
Tesco			18,355	14,517	22,838	14,617
Threadneedle Inv American	Select Trust		45+83	20,125	31,029	20,125
Twentyfour Inc Fund			9,418	10,037	7,44?	10,037
Unile ver			19,708	6,452	19„781	6,462
Valu-Tree Gravis UK Income			44,240	44,386	41,300	44,385
Vodafone			16,908	22,006	14,044	22,006
Witan Investment Trust			38,681	35,009	25,799	35,009
Whltb read			8,900	,10,003	6,301	10,003
Artemis Sb Bond			53,422	52,041	49,518	52,041
Fil GBLiL Bond			52,547	50,436	50,802	50,436
Franklin Temp Term Bond			36,764	49,993	38,866	49,993
Invesco Perp Corp bond			54,692	44,997	51,696	44,997
Aegon Asst Man Sterilng Cor Bond			39,879	34,998 .	37,704	34,998
M &G Corporate Bond			57,638	48,406	51,688	48,408
M &G Makro Bond			24,839	24,892	26,004	24,892
Nat Grid Gas4.1875%IL			IS,891	19,400	19,728	19,400
Plmco Gl Sel UK Bond			50,737	52,835	47,008	52,635
Threadneedle High Yield Bond			32,401	29,998	28,153	29,998

				Restricted Funds	Restricted Funds
				General	Permanent	Total
					Endowment
Opening	value offunds			100,642	3,95?,420	4,058,062
Management fees					(19,702)	(19,702)
Net income/(expenditure)		for the year		18,885.74		18,886
Realised	gains/(losses)	on investments			(1,522)	(1,522)
UnreaHsed	gains/(losses)	on investments			670,073	670,073
Closing value offunds			Page 7	119,528	4,806,268	4,725,796