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2022-07-18-accounts

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity Registration No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST

REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 18 JULY 2022

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST

CONTENTS

Legal and Administrative Information 1
Trustees’ Report 2
Independent Examiner’s Report 6
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr A H Jones
Mr J H Tuckey
Mr S J Reynolds
Dr P Mayer
Dr M Honeyman
Mr M S Hammond
Mrs J Fox
Mrs P Hibberd
Secretary Mrs J Leedham
Charity number 215652
Registered office Shakespeare Martineau
No 1 Colmore Square
Birmingham
B4 6AA
Independent examiner David Hoose FCA
Mazars LLP
Two Chamberlain Square
Birmingham
B3 3AX
Stockbrokers Canaccord Genuity Wealth Management
Saggar House
Princes Drive
Worcester
WR1 2PG
Solicitors Shakespeare Martineau
No 1 Colmore Square
Birmingham
B4 6AA

1

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 18 JULY 2022

The Trustees present their report and financial statements for the year ended 18 July 2022.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Trust Deed, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).

Objectives and activities

Application of income (but not part of the capital)

The Trustees first defray all the costs, charges and expenses of the Charity, which are properly payable out of income.

Subject to the payments above, the yearly income of the Charity is applied by the Trustees in such a manner as they shall, from time to time, think proper for the benefit of the sick, in or near the City of Birmingham within a radius of 20 miles from the Council House.

Public benefit

The Trust can make donations or subscriptions to:

a) Any medical or nursing organisation. b) Any convalescent home. c) Any convalescent home or rest homes for nurses or other medical or nursing institution.

The Trust can make grants or contributions for or towards:

(a) Amenities for patients or nursing staff of Birmingham Domiciliary Nursing Service. (b) Amenities for patients or nursing staff of any state hospital.

Reference should be made to the Trust Deed for clarification of the above. The Trustees have considered the Charity Commission's guidance on public benefit.

Reserves policy

The policy of the Trustees is to distribute available funds, as grants, in the year following their receipt. Retained reserves should therefore be minimal.

At 18 July 2022 the Trust had unrestricted funds of £61,862 (2021: £57,786) and endowment funds of £2,089,348 (2021: £2,291,265). In accordance with the policy, the intention of the Trustees is to grant the majority of the unrestricted funds in the year 2022-2023.

2

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 18 JULY 2022

Grants

The Trustees are mindful of ensuring not only that all applicants fall within the objects of the Charity but also that the grant giving policies and practices, whilst supporting a number of applicants from year to year, ensure relevance to the current needs of our community and provide suitable flexibility for new organisations to receive awards. Careful consideration is given to each application both at the initial pre-selection stage by the Secretary and at the Trustees' meeting. The Trustees receive all applications well in advance of their annual meeting. In reaching their conclusions, the Trustees pay close regard to not only the written application, but the Trustees give consideration to their financial circumstances and also draw upon the considerable knowledge and expertise which each of the Trustees have in the relevant sectors.

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities and setting the grant making policy for the year.

The Trustees look forward to making grants to qualifying organisations from the community in future years having regard to the regular income stream from the capital portfolio which is invested under advice from their appointed stockbrokers.

Achievements and performance

Review of transactions and financial position before charitable grants

The gross income of the Trust for the year ended 18 July 2022 amounted to £70,779 (2021: £63,761).

Administration expenses and stockbroker charges absorbed £16,003 (2021: £19,130) leaving net income for the year before charitable grants of £54,776 (2021: £44,631). During the year £50,700 (2021: £54,210) was distributed by way of charitable grants, leaving a balance of £61,862 (2021: £57,786) available for distribution, which includes a balance of income brought forward from the previous year.

Investments

During the year the Trust sold investments costing £82,652 (2021: £254,035) leading to a loss on disposal of £11,294 (2021: gain on disposal of £61,054). At 18 July 2022, the total value of the Charity's investments was £2,051,878 (2021: £2,251,257). The Trustees are satisfied that the balance sheet at 18 July 2022 discloses funds adequate to fulfil the obligations of the Charity.

Going concern

The trustees have considered, in the context of the COVID-19 pandemic, the going concern concept and any associated material uncertainties, the basis of any significant judgements and the matters to consider when confirming the preparation of the financial statements on a going concern basis and the trustees are comfortable that there are not any adjustments required. The trustees expect the Charity to continue in operation for at least 12 months from the date of signing the financial statements.

3

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 18 JULY 2022

Structure, governance and management

Scheme named 'The Birmingham District Nursing Charitable Trust'

The Charity, named 'The Birmingham District Nursing Charitable Trust', is registered with the Charity Commission under registered number 215652 and is administered in accordance with the high court scheme dated 18 July 1960 which was set up for the benefit of the sick in or near the City of Birmingham within a radius of 20 miles from the Council House.

The investments are held by the stockbrokers, Canaccord Genuity Wealth Management.

The Trustees who served during the year were:

Professor F E Irvine (retired 12 August 2021) Mr A H Jones

Mr J H Tuckey Mr S J Reynolds Dr P Mayer Dr M Honeyman Mr M S Hammond Mrs J Fox Mrs P Hibberd

At the annual meeting of the Trustees, the longest in office since appointment retire, but are eligible for reappointment.

The power of appointing new or additional co-optative Trustees is vested in the continuing or surviving Trustees.

The Trustees seek to appoint Trustees with the appropriate breadth of experience necessary to meet the needs of the Trust.

Plans for Future Periods

The Trustees are satisfied with the activities of the Charity in the financial year and continue to actively seek appropriate projects into which to apply the Charity's resources. In particular, the Trustees intend to maintain the strategic direction and purpose of the Charity in supporting the sick, in or near the City of Birmingham within a radius of 20 miles from the Council House.

Risk Management

The Trustees have assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to mitigate exposure to those major risks.

Statement of Trustees’ Responsibilities

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).

4

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST TRUSTEES’ REPORT FOR THE YEAR ENDED 18 JULY 2022

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 year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping sufficient 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 2008 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.

The Trustees' report was approved by the Board of Trustees.

Mr A H Jones Trustee Date: 8 January 2023

Mr M S Hammond Trustee Date: 8 January 2023

5

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I report on the financial statements of The Birmingham District Nursing Charitable Trust for the year ended 18 July 2022, which are set out on pages 1 to 16.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body for my examination work, for this report, or for the statements I have made.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:

6

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

David Hoose (Jan 19, 2023 14:22 GMT)

David Hoose FCA Mazars LLP Two Chamberlain Square Birmingham B3 3AX

Date: Jan 19, 2023

7

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 18 JULY 2022

Income from:
Notes
Dividends and interest
3
Expenditure on:
Charitable activities
4
Net (losses)/gains on investments
8
Net movement in funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
Endowment
funds
Total 2022
Total 2021
£
£
£
£
70,779
-
70,779
63,761
(66,703)
-
(66,703)
(73,340)
-
(201,917)
(201,917)
235,828
4,076
(201,917)
(197,841)
226,249
57,786
2,291,265
2,349,051
2,122,802
61,862
2,089,348
2,151,210
2,349,051

8

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST

BALANCE SHEET

AS AT 18 JULY 2022

Notes
Fixed assets
Investments
9
Funds held by Stockbrokers – Capital
Current assets
Funds held by Stockbrokers – Income
Cash at bank and in hand
Creditors: amounts falling due within one year
10
Net current assets
Total assets less current liabilities
Capital funds
Endowment funds – capital
12
Income funds
Unrestricted funds – undistributed income
11		 2022
£
£
2,051,878
3,644
2,055,522
100,427
-
100,427
(4,739)
95,688
2,151,210
2,089,348
61,862
2,151,210		 2022
£
£
2,051,878
3,644
2,055,522
100,427
-
100,427
(4,739)
95,688
2,151,210
2,089,348
61,862
2,151,210		 2021
£
£
2,251,257
40,008
2,291,265
60,994
2,252
63,246
(5,460)
57,786
2,349,051
2,291,265
57,786
2,349,051		 2021
£
£
2,251,257
40,008
2,291,265
60,994
2,252
63,246
(5,460)
57,786
2,349,051
2,291,265
57,786
2,349,051
2,055,522
95,688		 2,291,265
57,786
100,427
(4,739)		 63,246
(5,460)
2,151,210 2,349,051
2,089,348
61,862		 2,291,265
57,786
2,151,210 2,349,051

The notes from pages 10 to 16 form part of the financial statements.

The financial statements were approved by the Trustees.

Mr A H Jones

Trustee

Mr M S Hammond

Trustee

Date: 8 January 2023 Date: 8 January 2023

9

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2022

1) Accounting policies

Charity information

The Birmingham District Nursing Charitable Trust is an unincorporated Charity registered with the Charity Commission for England and Wales. The address of the Charity's registered office is Shakespeare Martineau LLP, Homer House, 8 Homer Road, Solihull, B91 3QQ.

Accounting convention

The financial statements have been prepared in accordance with the Charity's trust deed, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Charity is a Public Benefit Entity as defined by FRS102.

The financial statements have been drawn up under the historical cost convention as modified by the revaluation of investments.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The trustees have considered, in the context of the Covid-19 pandemic, the going concern concept and any associated material uncertainties, the basis of any significant judgements and the matters to consider when confirming the preparation of the financial statements on a going concern basis and the trustees are comfortable that there are not any adjustments required. The trustees expect the Charity to continue in operation for at least 12 months from the date of signing the financial statements.

Charitable funds

The unrestricted funds represent unrestricted income which is expendable at the discretion of the Trustees in the furtherance of the objects of the Charity. The endowment funds represent unexpendable capital.

Incoming resources

All income is recognised in the Statement of Financial Activities when the conditions for receipt have been met, and there is probability of receipt. Where a claim for repayment of income tax has or will be made, such income is grossed up for the tax recoverable. The following accounting policies are applied to income:

Investment income

Investment income for the year is the amount due for the year and credit is taken for any income accrued at 18th July 2022 but not received.

Grants

Grants made by the Charity are charged against income in the year in which they are made.

10

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2022

1) Accounts policies (continued)

Charitable activities

Expenditure on charitable activities comprises expenditure directly relating to the objects of the Charity.

Governance costs

Governance costs relate to expenditure incurred on the Charity's organisational administration and compliance with constitutional and statutory requirements. Governance costs are included within total expenditure on charitable activities.

Fixed asset investments

Listed investments are stated at bid price which is market price as at 18 July 2022. All movements in value are shown in the Statement of Financial Activities.

Realised and unrealised gains and losses are shown in the Statement of Financial Activities.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

Financial instruments

The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Taxation

The Trust is a registered Charity and is exempt from income and corporation and capital gains tax provided its income and gains are applied for charitable purposes.

11

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2022

2) Critical accounting estimates and judgements

In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

3) Dividends and interest

Income from listed investments
Interest receivable		 2022
2021
£
£
70,768
63,761
11
-
70,779
63,761

Dividends and interest of £70,779 (2021: £63,761) were unrestricted.

4) Charitable activities

Secretary remuneration and legal charges
Accountancy charges
Independent examination charges
Direct grants (see Note 5)		 2022
2021
£
£
11,263
13,670
2,640
3,690
2,100
1,770
16,003
19,130
50,700
54,210
66,703
73,340

Expenditure on charitable activities of £66,703 (2021: £73,340) was unrestricted.

12

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 18 JULY 2022

5) Grants payable

Grants to institutions:
Acorns Children's Hospice Trust
Acacia Family Support
Birmingham Centre for Art Therapies (BCAT)
Birmingham Children's and Women's Hospital
Birmingham Samaritans
Birmingham St Mary's Hospice
Hospice Charity Partnership (St Marys and J Taylor)
BUDS
Cerebral Palsy Midlands
Ex Cathedra
Freedom from Torture
Heart Care (WRHLT)
Huntington's Disease Association
John Taylor Hospice
Myton Hospice
Kemp House Trust Limited
Primrose Hospice
Ronald Macdonald Housing
St Mary Stevens Hospice
St Giles Hospice
University Hospitals Birmingham Charity (UHB) Charity
Walsall Carers Centre
Walsall Rehabilitation and Healthy Living
Edwards Trust
Muscular Dystrophy Support
Young Lives v Cancer (formerly CLIC Sargent)		 2022
2021
£
£
2,000
2,000
2,000
2,000
5,000
5,000
2,700
5,000
-
3,000
-
2,000
1,500
-
2,500
2,500
2,000
2,000
3,000
2,275
3,000
3,000
4,000
-
-
3,000
-
2,000
2,000
2,000
2,000
2,000
2,000
2,000
3,000
3,000
2,000
2,000
2,000
2,000
3,000
3,435
1,500
1,000
-
3,000
2,000
-
2,000
-
1,500
-
50,700
54,210

The total grants payable to institutions were £50,700 (2021: £54,210). The total number of organisations that the grants were paid to was 21 (2021: 21).

6) Trustees

None of the Trustees (or any persons connected with them) received any remuneration, benefits or expenses from the Charity during the year (2021: Nil).

13

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2022

7) Employees

There were no employees during the year.

8) Net (losses)/gains on investments

Revaluation of investments
Movement in funds held by stockbroker		 2022
2021
£
£
(197,566)
235,828
(4,351)
-
(201,917)
235,828

9) Fixed asset investments

Valuation
At 19 July 2021
Additions
Valuation changes
Disposals
At 18 July 2022
Carrying amount
At 18 July 2022
At 18 July 2021		 Listed investments
£
2,251,257
69,546
(197,566)
(71,358)
2,051,878
2,051,878
2,251,257

The historical cost of the listed investments as at the year-end were £1,486,124 (2021: £1,499,230). There were no material holdings that represent over 10% of the investment value in the year (2021: none).

10) Creditors: amounts falling due within one year

Accruals and deferred income 2022
2021
£
£
4,739
5,460
4,739
5,460

14

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2022

11) Unrestricted funds

Unrestricted funds Movement in funds
Balance as at
19 July 2021
Incoming
resources
Resources
expended
Balance as at
18 July 2022
57,786
70,779
(66,703)
61,862
57,786
70,779
(66,703)
61,862

12) Endowment funds

Endowment funds represent assets which must be held permanently by the Charity. Income arising on the endowment funds can be used in accordance with the objects of the Charity and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund.

Endowment funds Movement in funds
Balance as
at 19 July
2021
Incoming
resources
Resources
expended
Revaluation
gains and
losses
Balance as
at 18 July
2022
2,291,265
-
-
(201,917)
2,089,348
2,291,265
-
-
(201,917)
2,089,348

13) Analysis of net assets between funds

Fund balances as at 18 July 2022 are
represented by:
Fixed assets
Current assets
Less: liabilities		 Unrestricted
funds
Endowment
funds
Total
£
£
£
-
2,055,522
2,055,522
66,601
33,826
100,427
66,601
2,089,348
2,155,949
(4,739)
-
(4,739)
61,862
2,089,348
2,151,210

15

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

Charity No. 215652

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2022

Fund balances as at 18 July 2021 are
represented by:
Fixed assets
Current assets
Less: liabilities		 Unrestricted
funds
Endowment
funds
Total
£
£
£
-
2,291,265
2,291,265
63,246
-
63,246
63,246
2,291,265
2,354,511
(5,460)
-
(5,460)
57,786
2,291,265
2,349,051

14) Related party transactions

Mr M S Hammond, a Trustee of the Charity, is an employee of University Hospitals Birmingham Charity.

Dr P Mayer, a Trustee during the year, has declared an interest as a Trustee of the following charities, to which grants have been paid during the year or the previous year:

Dr P Mayer: University Hospitals Birmingham Charity, £3,000 (2021: £3,435).

There were no balances outstanding at the end of the year (2021: £nil).

16

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST

YEAR ENDED 18 JULY 2022

APPENDIX

ADDITIONAL INFORMATION FOR THE TRUSTEES

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST

YEAR ENDED 18 JULY 2022

APPENDIX

ADDITIONAL INFORMATION FOR THE TRUSTEES

LISTED INVESTMENTS

Cost
At 19 July 2021
Additions
Disposals
At 18 July 2022
INVESTMENTS PURCHASED DURING THE YEAR
Cost
25,000
North American Income TLT PLC
Man Asset Management adjustment
INVESTMENTS DISPOSED OF DURING THE YEAR
Cost
6,250
Murray Investment Trust
Melrose adjustment - reduction of nominal
Ninety One Fund Managers adjustment
Valu-Trac Investment Management LTD adjustment		 £
1,499,230
69,546
(82,652)
1,486,124
£
69,464
82
69,546
£
79,790
2,400
346
116
82,652

DocuSign Envelope ID: F1760258-E20D-40D5-8B82-7D751474D0B8

THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST

YEAR ENDED 18 JULY 2022

APPENDIX

ADDITIONAL INFORMATION FOR THE TRUSTEES

INVESTMENTS

Aberdeen Standard Logis
AXA Framlington Managed Inc
BP PLC
Close Brothers
Compass Group PLC
CRH Ord
Edinburgh Worldwide Investment Trust
Experian PLC
General Accident PLC
GlaxoSmithkline PLC
Henderson Diversified Income Limited
HICL Infrastructure Co Limited
HSBC Holdings
JP Morgan Asian Investment Trust
JP Morgan Global Growth & Income PLC
Jupiter Unit Trust
Lloyds Banking Group PLC
Man Asset Management
Melrose Industries PLC
Mercantile Investment Trust PLC
Murray Investment Trust
National Grid PLC
Ninety One Fund Managers
North American Income TLT PLC
Rathbone Unit Trust Management
Relx PLC
Severn Trent PLC
Shell plc
Smith and Nephew PLC
Smurfit Kappa Group PLC
T Bailey Service Limited
Unilever PLC
Valu-Trac Investment Management LTD
Vodafone Group PLC
Worldwide Healthcare Trust PLC		 Cost
Fair value
18/07/22
18/07/21
18/07/22
18/07/21
£
£
£
£
79,527
79,527
74,128
88,283
29,762
29,762
26,400
29,825
103,680
103,680
97,063
73,050
19,510
19,510
22,528
33,176
23,267
23,267
77,459
66,943
35,634
35,634
42,353
53,445
24,883
24,883
74,648
142,545
20,868
20,868
84,175
107,975
24,736
24,736
20,570
27,285
25,246
25,246
81,208
65,522
42,958
42,958
30,268
39,560
47,923
47,923
67,424
65,621
64,266
64,266
50,069
37,699
78,680
78,680
80,115
107,583
90,118
90,118
98,875
109,000
29,816
29,816
24,710
29,682
35,106
35,106
29,614
32,001
31,935
31,853
26,659
30,122
37,341
39,741
21,550
23,840
24,541
24,541
56,259
83,475
-
79,790
-
72,500
27,967
27,967
60,724
54,452
63,726
64,072
59,504
66,112
69,464
-
70,750
-
29,655
29,655
25,035
30,190
29,836
29,836
105,932
97,839
15,881
15,881
54,360
54,728
10,929
10,929
85,340
54,260
21,249
21,249
45,880
60,180
54,359
54,359
64,875
91,291
78,252
78,252
77,911
82,926
16,584
16,584
74,596
87,368
70,123
70,239
75,410
73,942
103,577
103,577
74,718
68,782
24,725
24,725
90,770
110,055
1,486,124
1,499,230
2,051,880
2,251,257