##
##
##
##
##
##
##
##
##
##
|Accountants'
Report||||
|---|---|---|---|
|Background
notes and|accounting|policies||
|Income and Expenditure|Account|||
|Investment
Income for the year|||4-5|
|Balance Sheet|||6-7|
|Schedule ofInvestments|||8-9|
|Reconciliation
and analysis cfMovement of Funds|||10|
##
##
|Income and expenditure|account||||||
|---|---|---|---|---|---|---|
|for the year ended 5April|2023||||||
||||2023||2022||
||||2|f|2||
|Orcus income|||||||
|Investment
income||Page 5||131,218||109,832|
|Rents, ground
rents etc.
Market Weighton
property||||1,619||1,815|
|Interest received|||||||
|Bank Interest||||3,745||(113)|
|||||136,582||111,134|
|Expenditure|||||||
|Trustee expenses
Public liability insurance|||108
1,127||203
1,089||
|Legal charges etc.
Accountancy
charges
Bank charges|||26,400
1,500
96|29,232|26,400
1,380
~5555|23,588|
|||||107,350||87,568|
|ttountles||||57,825||39,600|
|Net Incomel(expenditure)|for the year|||49 525||42988|
##
##
|forthe year ended 5April|20|23||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||E|6|
|Interest from Government||Securities||||
|1.25% ILTreasury Stock|2027|||1,466|1,325|
|Wider Range Securities||||||
|The Equities Investment
Aberdeen
DiverslSed|Fund for Chariges|||21,710
978|19,500
964|
|Aberdeen||||629|601|
|Alliance Trust||||1,152|915|
|Artemis Global Inc||||1,803|1,451|
|Asia Dragon Trust
AstraZeneca||||194
3,935|194
3,458|
|Aviva||||475|450|
|Aviva US Equiiy Income
BAE Systems
Balfour Bsatge
BHP Group
Blackrock Cont Eu Inv||||1,367
814
207
8,021
1,715|1,088
581
98
3,851
1,522|
|BMO Comm Prop Trust
BNY Mellon||||1,401
919|1,269
794|
|BP||||1,401|1,115|
|British Land||||445|328|
|Compass Group
Conbrio CFPSDL Gsn Inc||||360
249|160|
|Capital Emerging
Mkts Total||Opp|Inc|450|413|
|Carnival||||||
|Centrlca||||43||
|Derwsnt
London||||163|158|
|Dlsgeo
Experian
FIL Inv Global Enhanced|Inc|||1,686
1,092
4,148|1,411
882
84S|
|First Trust Gl Equity
GlaxoSmithKlins||||928
338|729
712|
|HSBC Holdings
Henderson
Eurotrust||||2,603
908|1,908
598|
|IMI||||364|348|
|Isharss||||7S4|611|
|Johnson
Matthey
JPMorgan American
Investment
JPMorgan Asia Growth inc
JPMorgan
Emerging
Markets
JPMorgan US Eq Inc
Jupiter Euro Inc
Land Securiges
Law Debenture
Corporadon
Lion Trust Euro income|||Trust|309
543
1,425
137
888
101
211
4,234
497|289
523
811
137
675
36
132
4,023
412|
|LXI Reit||||1,671|1,208|
|Gross Income||||72,359|58,428|
##
##
||||2023|2022|
|---|---|---|---|---|
||||5|2|
|M&G|||||
|Marks 8 Spencer|||||
|Meggitt
Mercantile
Investment|Trust||1,111|1,079|
|Monks Investment
Trust|||126|108|
|Montanaro
Smeller Cos UK|||2,304|1,261|
|Morgan Stanley Global
National
Grid|Brands Inc||582
966|482
925|
|NB Global FIRate|||1,274|949|
|Pearoon|||168|180|
|Pennon
Gmup
Premier Port Milton UK Capt inc
Prudential|||481
2,962
112|8,857
655
96|
|Reckltt &Benckiser|||201|201|
|Relx|||1,060|987|
|Royal Dutch Shell|||2,328|1,780|
|Royal London STGexlra yield
Rlo Tinto|||3,108
7,404|1,452
8,936|
|Schroder Asian Inc Fund|||999|824|
|Scottish &Southern
Energy
Scottish Mortgage Investment
Trust
Standard
Chartered|||988
710
52|891
675
66|
|Standard
Life Eq Inc Trust
Standard
Life Inv Pmp
Tate &Lyle
Temple Bar Inv Tr
Tssco|||1,171
1,188
746
547
930|1,089
1,183
189
482
737|
|Twentyfour
Inc Fund
3i Infrastructure|||632
802|558
565|
|Unilever|||723|716|
|Valu-Tree Gravis Inc|||3.698|2,564|
|Vodafone|||980|960|
|Whitbread|||151||
|Witan
Inv 'Trust|||988||
|Woodside
Energy
Artemis StBond|||584
1,869|1,315|
|Franklin Temp ILBond|||1,721|1,779|
|Henderson
Diversified|Ord NPV||491|491|
|Janus Henderson
Gbl Inv Preference &BD|||1.083|974|
|Aegon Asst Man Sterling Cor Bond
Invesco Perp Corporate Bond
M & G Strat Corp Bond|||1,091
1,569
1,765|1,050
1,432
1,412|
|M &G Gl Makro Bond|||740|347|
|National
Grid Gas IL|||820|755|
|Ninety One Fund Emerging||Markets Local Curr Debt|339|337|
|Plmco Ssl In Bond|||1,826|1,828|
|Rathbone
Man Ethical|Bond||1,840|869|
|Schroder Corporate Bond|||2,319|989|
|CT Investment
H YBond|||1,207|1,126|
|Grass Income|||131,218|109,832|
##
|Balance Sheet
as at 5April 2023||||||||
|---|---|---|---|---|---|---|---|
||||||2023|2022||
||||||8|||
|Investments|||Page 8||3,760,562||4,088,149|
|Freehold Properties
Leigh
Lowton R. Mary's
Market Weighton||||833
445
693|1,770|633
445
693|1,770|
|Perpetual
Rent Charge
87per annum st Chorlton-curn-Hardy,||M/c.|||181||181|
|Freehold Ground Rents||||||||
|Leigh
Lowton St. Mary' s||||176
615|791|176
615|791|
|Loans on Mortgage
G & K Galley|||||2,000||2,000|
|Cash snd bank balances||||||||
|HSBC-current sccdunt||||18,843||17,501||
|Walker Grips Group
Cowling Swift & Kitchen-Clients'|account|||227,165
700,468|946,476|77,959
757,580|853,040|
|Debtors||||||||
|Income tax||||||||
||||||4,711,760||4,945,911|
|Less: Current liabilities||||||||
|Accrusls||||||||
|Cowling Swift &Kitchen
Accountancy||||26,660
2 550|20,540|2750|2,760|
|Net assets|||||4,882,220||4,943,151|
##
|Trustees A FBrtdeoake deceased|Trustees A FBrtdeoake deceased|||
|---|---|---|---|
|Balance Sheet||||
|as at 5 April|2023|||
|||2023|2022|
|||5||
|Funds||||
|Permanent|Endowment|4,465,199|4,775,655|
|General||217,021|167,496|
|||4,M2, 223|4,943 131|
##
|Schedule ofInvesbnents
at5Aprg 2023|||||||
|---|---|---|---|---|---|---|
||||2023||2022||
||||Madan Value|Cost|Msdwt Value|Cost|
||||R|R|R|R|
|Government
Securities|||||||
|1.25%Treasury
IL2027|||136,371|100,164|142,611|100,164|
||||136,371|100,184|142,611|100,164|
|Wider Range Securities|||||||
|The Equlgss Investment
Fund for
Alliance Trust
Abenleen
Aberdeen
DivemNed
Aberdeen
Equity Inc
Anemia Global Income
Asia Dragon Tarot
AstraZeneca
Avive
Avivs UK US Eq Ino
Axs Framllngton
BAE Systems
Balfour Beatty
BHP Group
Blackrock Cont Eu
Blsckrock Eur Absolute Alpha
BMO Comm Prop Trust
BNY Mellon AS Inc
BP
British Land
Capital
Intl Emerging
Mkts
Carnival|Chariges||387,023
46,512
8,207
14,407
17,001
39,849
11,910
190,721
47,502
72,275
23,860
7,782
38,188
49,382
41,087
24,813
23,379
37,359
7,340
8,833
1,393|30r110
8,098
11,728
19,909
20,931
35,400
12,012
3,752
24,901
9,999
7,954
5,990
30,184
39,923
40,020
33,552
20,199
36,472
10,022
10,000
5,814|410,530
47,376
8,835
17,531
18,908
42,697
13,562
169,994
9,275
49,591
78,088
17,779
5,485
44,468
48,436
40,966
34,023
25,214
26,803
10,214
9,015
2,793|30,110
8,096
12,168
19,909
20,931
35,400
12,012
3,752
8,496
24,901
9,999
7,954
5,990
30,185
39,923
40,020
33,552
20,199
36,472
10,022
10,000
5,814|
|Gantries
Compass Group
Conbrio CFPSDL Gen inc
Derwent London
Dlageo
Experian Group
FIL Inv Global enhanced
Inc
First Senser Stewart Asia Pac Ldrs
First Trust Gl Funds Eq Markets
Franklin Temp Marie Corrie Asia
GlaxoSmithKllne||Trust|4,663
23,166
27,'l64
4,801
71,362
67,025
77,358
48,484
18,823
23,431
10,659|'I0,597
9,286
40,020
5,006
678
1,403
80,020
20,657
20,046
10,312
8,192|3.397
18,836
32,068
6,766
77,401
73,925
77,939
50,217
20,162
23,956
15,164|10,597
9,285
40,020
5,005
678
1,403
80,020
20,667
20,048
10,312
10,010|
|rld
Haleon
Henderson
Dive rsiRed
Janus Henderson
Preference 8 Bo
Henderson
Eurotrust
HSBC Holdings
31 Infrastructure
IMI
lshares SSP
JP Morgen Amertcan
Inv Trust
JPMorgan Asia Growth inc
JP Morgan Emerging
Markets
JP Morgan US Eq Income
Johnson Mstthey
Jupiter European
Income|||3,032
7,615
21,087
32,148
68,485
17,568
22,122
53,811
54,173
32,607
10,881
29,522
7,631
30,170|1,818
10,025
24,997
19,996
11,097
9,997
5,734
10,594
9,996
39,920
10,018
25,175
4,442
25,132|8,485
24,512
30,712
63,287
19,715
20,145
57,131
59,830
34,668
11,673
32,504
7,815
29,972|10,025
24,997
19,996
11,097
9,997
5,734
10,594
9,996
39,920
10,018
25,175
4,442
25,132|
##
|Schedule ofInvestmenls
at 5Apr5 2023||||||
|---|---|---|---|---|---|
|||2023||2022||
|||Market Value|Coal|Msrkel Value|Cost|
|||6|8|6|2|
|Wider Range Securities (continued)||||||
|Land Secuddes||3,326|2,998|4,230|2,998|
|Law Debenture
Corporation||110,753|29,861|113,424|29,861|
|Legal &General
LXIReit
Lion Trust Eu Inc||6,321
28,1S5
31,584|40,159
20,072|40,054
29,502|40,159
20,072|
|M&G pic
Marks 5 Spencer
Meggltt
Mercantile
Inv Trust||1,48'I
11,786
31,105|548
4,043
15,013|1,693
11,387
15,899
35,420|548
4,043
8,001
15,013|
|Monks Investment
Trust||50,955|13,928|60,684|13,928|
|Montanaro
Smaller Cos UK Inc||55,161|80,020|66,503|80,020|
|Morg Stanley Global Brands Inc
National
Grid||81,726
21,146|80,020
11,941|81,684
22,682|80,020
11,941|
|NB Global Fl rate Inc||11,709|14,857|IT,492|18,024|
|Ninety One
Fund Man Emerging
Pearson|Mkts Local Curr|5,35S
6,752|'I0,000
10,016|5,440
8,192|10,000
10,016|
|Pennon
Group
Premier Port Milton UK Capt inc
Premier
Port M5ton Eurt Op ps
premier Port M8ton US Opp 8acc
Prudential||10,545
62,586
31,082
38,497
8,603|13,087
80,020
40,020
40,020
3,431|13,455
73,759
33,648
41,748
8,841|13,087
80,020
40,020
40,020
3,431|
|Rsckitt Benddser||7,286|8,091|6,852|B,Ogi|
|Relx||54,338|9,794|50,812|9,794|
|Shell||63,754|28,692|57,225|26,892|
|Royal London STGextra yield
Rlo Tlnto||46,749
68,151|54,020
to,21e|51,877
78,948|54,020
10,216|
|Schroder Asian Inc Fund||20,493|20,189|22,169|20,189|
|Scottish 8 Southern
Energy
Scottish Morg Inv Trust
SLF Realisation
Fund||19,676
124,343
1,309|7,432
24,998
12,512|19,497
199,692
1,575|7,432
24,996
12,512|
|Standard
Chsrtemd||4,662|10,847|3,787|10,847|
|Aberdeen
Prop Inc Trust
Tate &Lyle
Temple Bar Inv Trust
Tease||15,654
4,056
13,484
21,249|23,002
4,989
15,033
14,517|25,681
4,591
13,455
22,119|23,002
4,996
15,033
14,517|
|CT Investment
Funds
Inv American Select Trust||47,765|20,125|52,669|20,125|
|Twentyfour
Inc Fund
Unilever||8,839
21,014|10,037
6,452|9,527
17,329|10,037
6,452|
|Valu.Tree Gravls UK Income||76,957|84,405|89,110|84,405|
|Veitas Global GBPA||39,332|40,020|39,744|40,020|
|Vodafone||11,315|22,008|15,873|22,006|
|Witsn Investment
Trust||37,147|35,009|38,756|35,009|
|Whltbread||7,472|10,003|7,319|10,003|
|WoodBids Energy Group
Artemis StrBond||4,954
45,907|4,634
52,041|60,641|62,041|
|Fil GBL IL Bond||53,295|50,436|54,958|50,436|
|Franklin
Temp Term Bond
Invesco Perp Corp bond
Aegon Asst Man Sterling Cor Bond
M &G Corporate
Bond
M &G Makro Bond||31,142
46,695
32,571
48,520
23,098|49,993
44,997
34,998
48,408
24,892|35,248
51,383
37,244
53,691
23,889|49,993
44,997
34,998
48,408
24,892|
|Nst Grid Gss 4.1875% IL
Plmoo Gl Sel UK Bond||43,672|52,835|19,754
48,865|19,400
52,635|
|Rathbone
Msn Ethical Bond||42,098|54,020|48,701|54,020|
|Schroder Corp Bond
CT Investment
Funds High Yield|Bond|40,300
2'7,982|54,020
29,998|49,129
30,678|54,020
29,998|
|376087638||ยป60681.|L 8~||24lsct1.
L|
##
||||||Restricted Funds|Restricted Funds||
|---|---|---|---|---|---|---|---|
||||||General|Permanent|Total|
|||||||Endowment||
||||||8|8||
|Opening|value|offunds|||167,496|4,775,655|4,943,151|
|Management||fees||||(20,860)|(20,860)|
|Net income/(expenditure)|||for the year||49,525||49,525|
|Realised|gains/(losses)||on investments|||10,079|10,079|
|Unreallsed
gains/(losses)|||on investments|||(299,675)|(299,675)|
|Closing|value|offunds||Page 7|217021|4465 199|4682220|