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|||Page|
|---|---|---|
|Legal and Administrative|Information|1-2|
|Trustees'<br>Report||3 —5|
|Statement<br>ofTrustees'|Responsibilities||
|Independent<br>Examiner's|Report||
|Statement of Financial Activities|||
|Balance Sheet|||
|Notes tothe Financial Statements||10-13|





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|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<br>Markets Equities|3.4%|
|Private Equity|1.1%|
|Property|5.3%|
|Alternatives|8.7%|
|Fixed Income|7.3%|
|Cash|4.9%|
||100.0%|



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|||||2021|2020|
|---|---|---|---|---|---|
||||Note|E|E|
|INCOME FROM:||||||
|Donations<br>and legacies||||652|785|
|Investments||||11,711|10,237|
|TOTAL INCOME||||12,363|11,022|
|EXPENDITURE ON:||||||
|Raising funds:||||||
|Investment<br>management||fees||(1,133)|(701)|
|Charitable<br>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<br>gain||||67,024|26,490|
|NET MOVEMENT<br>IN FUNDS||||76,348|35,507|
|RECONCILIATION<br>OF FUNDS||||||
|Fund balances<br>brought|forward|||554,552|519,045|
|Fund balance carried forward||||630,900|554,552|








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|||||||||||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||





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|||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|



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|||Unrestricted|
|---|---|---|
|||Funds|
|As at 1January|2021|554,552|
|Net incoming|resources|9,324|
|Other recognised<br>gains||67,024|
|As at 31December 2021||630,900|



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