| Page | ||
|---|---|---|
| Legal and Administrative | Information | 1-2 |
| Trustees' Report |
3 —5 | |
| Statement ofTrustees' |
Responsibilities | |
| Independent Examiner's |
Report | |
| Statement of Financial Activities | ||
| Balance Sheet | ||
| Notes tothe Financial Statements | 10-13 |
| Porffolio Asset Allocation at 31stDecember 2021 | |
|---|---|
| UK Equities | 33.5% |
| US Equities | 23.3% |
| Europe (ex UK) Equities | 5.7% |
| Japan Equities | 4.2% |
| Pacific (exJap) Equities | 2.6% |
| Emerging Markets Equities |
3.4% |
| Private Equity | 1.1% |
| Property | 5.3% |
| Alternatives | 8.7% |
| Fixed Income | 7.3% |
| Cash | 4.9% |
| 100.0% |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Note | E | E | |||
| INCOME FROM: | |||||
| Donations and legacies |
652 | 785 | |||
| Investments | 11,711 | 10,237 | |||
| TOTAL INCOME | 12,363 | 11,022 | |||
| EXPENDITURE ON: | |||||
| Raising funds: | |||||
| Investment management |
fees | (1,133) | (701) | ||
| Charitable expenditure: |
|||||
| Sundry expenses | (1,162) | (560) | |||
| Accountancy | (744) | (744) | |||
| TOTAL EXPENDITURE | (3,039) | (2,005) | |||
| NET INCOME | 9,324 | 9,017 | |||
| OTHER RECOGNISED GAIN | |||||
| Net investment gain |
67,024 | 26,490 | |||
| NET MOVEMENT IN FUNDS |
76,348 | 35,507 | |||
| RECONCILIATION OF FUNDS |
|||||
| Fund balances brought |
forward | 554,552 | 519,045 | ||
| Fund balance carried forward | 630,900 | 554,552 |
| 2021 | 2020 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| E | E | ||||||||||
| Profit on | disposal | ofinvestments | (7) | ||||||||
| Independent | examiner's | remuneration | 744 | ||||||||
| During the | year, | no trustee | received any emoluments | (2020: ENil). | |||||||
| 4 | INVESTMENTS | ||||||||||
| 2021 | 2020 | ||||||||||
| f | E | ||||||||||
| Market value | at | 1)anuary | 533,484 | 497,940 | |||||||
| Additions | 10,652 | 9208 | |||||||||
| Disposals | 0 | (161) | |||||||||
| Unrealised | gain | 67,024 | 26,497 | ||||||||
| Market value | at | 31December | 611,160 | 533,484 | |||||||
| 2021 | 2020 | ||||||||||
| f | E | ||||||||||
| Historical | cost at 31December | 481,973 | 471,321 | ||||||||
| The investments | are split as | follows: | |||||||||
| 2021 | 2020 | ||||||||||
| E | E | ||||||||||
| Rathbones | Core | Investment | Fund for Charities | 611,160 | 533,484 | ||||||
| 5 | DEBTORS | ||||||||||
| 2021 | 2020 | ||||||||||
| E | E | ||||||||||
| Amounts | due | from related | parties | 110 |
| 2021 | 2020 | ||
|---|---|---|---|
| E | E | ||
| Capital Account | 509 | 583 | |
| CREDITORS - Amounts | falling due within one year | ||
| 2021 | 2020 | ||
| E | E | ||
| Accruals and deferred | income | 1,488 | 974 |
| Unrestricted | ||
|---|---|---|
| Funds | ||
| As at 1January | 2021 | 554,552 |
| Net incoming | resources | 9,324 |
| Other recognised gains |
67,024 | |
| As at 31December 2021 | 630,900 |