Charity Registration No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST
REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 18 JULY 2024
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST
CONTENTS
| Legal and Administrative Information | Legal and Administrative Information | Legal and Administrative Information | 1 |
|---|---|---|---|
| 2 | |||
| 6 | |||
| Statement of Financial Activities | 8 | ||
| Balance Sheet | 9 | ||
| Notes to the Financial Statements | 10 |
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 L Beesley | |
| Secretary | Mrs J Leedham |
| Charity number | 215652 |
| Registered office | Shakespeare Martineau |
| No 1 Colmore Square | |
| Birmingham | |
| B4 6AA | |
| Independent examiner | David Hoose FCA |
| Forvis 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
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST 4
The Trustees present their report and financial statements for the year ended 18 July 2024.
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 2024 the Trust had unrestricted funds of £69,289 (2023: £71,141) and endowment funds of £2,352,460 (2023: £2,099,897). In accordance with the policy, the intention of the Trustees is to grant the majority of the unrestricted funds in the year 2024-2025.
2
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST 4
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 2024 amounted to £90,528 (2023: £84,516).
Administration expenses and stockbroker charges absorbed £29,880 (2023: £23,787) leaving net income for the year before charitable grants of £60,648 (2023: £60,729). During the year £62,500 (2023: £51,450) was distributed by way of charitable grants, leaving a balance of £69,289 (2023: £71,141) available for distribution, which includes a balance of income brought forward from the previous year.
Investments
During the year the Trust sold investments costing £397,311 (2023: £181,416) leading to a loss on disposal of £55,124 (2023: gain on disposal of £85,662). At 18 July 2024, the total value of the Charity's investments was £2,295,021 (2023: £2,039,700). The Trustees are satisfied that the balance sheet at 18 July 2024 discloses funds adequate to fulfil the obligations of the Charity.
Going concern
The trustees have considered 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.
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THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST 4
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:
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 L Beesley
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.
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
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST 4
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:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
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:
Mr M S Hammond
Trustee Date:
5
Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST
I report on the financial statements of The Birmingham District Nursing Charitable Trust for the year ended 18 July 2024, which are set out on pages 8 to 16.
Respective responsibilities of trustees and examiner
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:
-
examine the financial statements under section 145 of the 2011 Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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state whether particular matters have come to my attention.
This
t and for no other purpose. To the fullest extent permitted by law, I do not accept work, for this report, or for the statements I have made.
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 those matters set out in the statement below.
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:
-
accounting records were not kept in respect of The Birmingham District Nursing Charitable Trust in accordance with section 130 of the 2011 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other considered as part of an independent examination.
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Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST
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 FCA Forvis Mazars LLP Two Chamberlain Square Birmingham B3 3AX
Date:
7
Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 18 JULY 2024
| Income from: Notes Dividends and interest 3 Expenditure on: Charitable activities 4 Net gains on investments 8 Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted funds Endowment funds Total 2024 Total 2023 £ £ £ £ 90,528 - 90,528 84,516 (92,380) - (92,380) (75,237) - 252,563 252,563 10,549 |
|---|---|
| (1,852) 252,563 250,711 19,828 |
|
| 71,141 2,099,897 2,171,038 2,151,210 |
|
| 69,289 2,352,460 2,421,749 2,171,038 |
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Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST
BALANCE SHEET
AS AT 18 JULY 2024
| 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 |
2024 £ £ 2,295,021 4,789 2,299,810 126,859 - 126,859 (4,920) 121,749 2,421,749 2,352,460 69,289 2,421,749 |
2024 £ £ 2,295,021 4,789 2,299,810 126,859 - 126,859 (4,920) 121,749 2,421,749 2,352,460 69,289 2,421,749 |
2023 £ £ 2,039,700 16,208 2,055,908 119,870 - 119,870 (4,740) 115,130 2,171,038 2,099,897 71,141 2,171,038 |
2023 £ £ 2,039,700 16,208 2,055,908 119,870 - 119,870 (4,740) 115,130 2,171,038 2,099,897 71,141 2,171,038 |
|---|---|---|---|---|
| 2,299,810 121,749 2,421,749 2,352,460 69,289 2,421,749 |
2,055,908 115,130 2,171,038 2,099,897 71,141 2,171,038 |
|||
| 119,870 (4,740) |
||||
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 Date:
Mr M S Hammond
Trustee Date:
9
Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2024
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, Radcliffe House, Blenheim Court, Solihull, B91 2AA.
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 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 2024 but not received.
Grants
Grants made by the Charity are charged against income in the year in which they are made.
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Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2024
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 2024. 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.
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Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2024
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 |
2024 2023 £ £ 80,733 83,141 9,795 1,375 |
|---|---|
| 90,528 84,516 |
Dividends and interest of £90,528 (2023: £84,516) were unrestricted.
4) Charitable activities
| Secretary remuneration and legal charges Accountancy charges Independent examination charges Investment management charges Direct grants (see Note 5) |
2024 2023 £ £ 11,040 12,503 2,700 2,641 2,220 2,100 13,920 6,543 |
|---|---|
| 29,880 23,787 62,500 51,450 |
|
| 92,380 75,237 |
Expenditure on charitable activities of £92,380 (2023: £75,237) was unrestricted.
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Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2024
5) Grants payable
| Grants to institutions: Acacia Family Support Age UK Birmingham Birmingham Centre for Art Therapies (BCAT) Birmingham Children's Hospital Birmingham Samaritans BTPP BUDS Cerebral Palsy Midlands Edwards Trust Ex Cathedra Child's Brain Injury Trust Freedom from Torture Heart Care (WRHLT) Mary Stevens Hospice Muscular Dystrophy Support Nuneaton Equestrian Centre Nursery and Midwifery Council Midlands Primrose Hospice Ronald Macdonald Housing St Mary Stevens Hospice St Giles Hospice The Myton Hospices The Shakespeare Hospital Appeal University Hospitals Birmingham Charity (UHB) Charity Walsall Carers Centre Walsall Rehabilitation and Healthy Living Young Lives v Cancer (formerly CLIC Sargent) |
2024 2023 £ £ 3,000 2,000 3,000 3,000 5,000 5,000 - 3,000 3,000 3,000 2,500 3,000 3,000 3,000 2,000 2,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 - - 4,000 2,500 - - 3,000 3,000 - 3,000 - 2,500 2,000 3,000 - - 2,700 - 2,000 2,500 - 2,500 - 3,000 3,000 - 1,750 4,000 - 3,000 - |
|---|---|
| 62,500 51,450 |
The total grants payable to institutions were £62,500 (2023: £51,450). The total number of organisations that the grants were paid to was 21 (2023: 18).
6) Trustees
None of the Trustees (or any persons connected with them) received any remuneration, benefits or expenses from the Charity during the year (2023: Nil).
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Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2024
7) Employees
There were no employees during the year.
8) Net (losses)/gains on investments
| Revaluation of investments Movement in funds held by stockbroker |
2024 2023 £ £ 253,213 11,913 (650) (1,364) |
|---|---|
| 252,563 10,549 |
9) Fixed asset investments
| Valuation At 19 July 2023 Additions Valuation changes Disposals At 18 July 2024 Carrying amount At 18 July 2024 At 18 July 2023 |
Listed investments £ 2,039,700 344,295 253,213 (342,187) |
|---|---|
| 2,295,021 | |
| 2,295,021 2,039,700 |
The historical cost of the listed investments as at the year-end were £1,494,679 (2023: £1,547,695). There were no material holdings that represent over 10% of the investment value in the year (2023: none).
10) Creditors: amounts falling due within one year
| Accruals and deferred income | 2024 2023 £ £ 4,920 4,740 |
|---|---|
| 4,920 4,740 |
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Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2024
11) Unrestricted funds
| Unrestricted funds | Movement in funds Balance as at 19 July 2023 Incoming resources Resources expended Balance as at 18 July 2024 71,141 90,528 (92,380) 69,289 |
|---|---|
| 71,141 90,528 (92,380) 69,289 |
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 2023 Incoming resources Resources expended Revaluation gains and losses Balance as at 18 July 2024 2,099,897 - - 252,563 2,352,460 |
|---|---|
| 2,099,897 - - 252,563 2,352,460 |
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Charity No. 215652
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 JULY 2024
13) Analysis of net assets between funds
| Fund balances as at 18 July 2024 are represented by: Fixed assets Current assets Less: liabilities |
Unrestricted funds Endowment funds Total £ £ £ - 2,299,810 2,299,810 74,209 52,650 126,859 |
|---|---|
| 74,209 2,352,460 2,426,669 (4,920) - (4,920) |
|
| 69,289 2,352,460 2,421,749 |
| Fund balances as at 18 July 2023 are represented by: Fixed assets Current assets Less: liabilities |
Unrestricted funds Endowment funds Total £ £ £ - 2,055,908 2,055,908 75,881 43,989 119,870 |
|---|---|
| 75,881 2,099,897 2,175,778 (4,740) - (4,740) |
|
| 71,141 2,099,897 2,171,038 |
14) Related party transactions
Mr M S Hammond, a Trustee of the Charity, is an employee of University Hospitals Birmingham Charity. Dr M Honeyman, a Trustee of the Charity, is also a Trustee of BTPP Charity.
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THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST
YEAR ENDED 18 JULY 2024
APPENDIX
ADDITIONAL INFORMATION FOR THE TRUSTEES
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST
YEAR ENDED 18 JULY 2024
APPENDIX
ADDITIONAL INFORMATION FOR THE TRUSTEES
LISTED INVESTMENTS
| Cost At 19 July 2023 Additions Disposals At 18 July 2024 |
£ 1,547,695 344,925 (397,311) 1,494,679 |
|---|---|
INVESTMENTS PURCHASED DURING THE YEAR
| Cost 45,000 UNITED KINGDOM(GOVERNMENT OF) 4.5% 24,000 UNITED KINGDOM(GOVERNMENT OF) 4.5% 3,150 SSE PLC 21,000 ARTEMIS FUND MANAGERS LIMITED 18,500 TR PROPERTY INVESTMENT TRUST 48,000 AXA FIXED INTEREST INVESTMENT 93,000 SCHRODER UNIT TRUSTS LTD Artemis Fund adjustment |
£ 44,661 23,856 50,047 50,493 58,822 40,000 76,857 (439) 344,925 |
|---|---|
INVESTMENTS DISPOSED OF DURING THE YEAR
| Cost 59,000 VODAFONE GROUP 28,500 MAN FUNDS PLC 4,800 MELROSE INDUSTRIES PLC 1,401 RELX PLC 7,400 BP 66,000 VT GRAVIS FUNDS 46,000 HENDERSON DIVERSIFIED INC TRUST PLC 21,800 JPMORGAN ASIA GROWTH & INCOME PLC 1,684 NATIONAL GRID |
£ 103,577 31,935 28,847 8,780 30,689 70,123 42,958 78,680 1,721 397,311 |
|---|---|
THE BIRMINGHAM DISTRICT NURSING CHARITABLE TRUST
YEAR ENDED 18 JULY 2024
APPENDIX
ADDITIONAL INFORMATION FOR THE TRUSTEES
INVESTMENTS
| Aberdeen Standard Logis Artemis Income Fund AXA US BP PLC Compass Group PLC CRH Ord 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 Legal & General Lloyds Banking Group PLC Man Asset Management Melrose Industries PLC Mercantile Investment Trust PLC National Grid PLC Ninety One Fund Managers North American Income TLT PLC Rathbone Unit Trust Management Relx PLC Schroder Asian Income Z Dis Shell plc Smith and Nephew PLC Smurfit Kappa Group PLC SSE PLC TR Property Investment Trust Unilever PLC United Kingdom (Government of) United Kingdom (Government of) Valu-Trac Investment Management LTD Vodafone Group PLC Vontobel Fund Worldwide Healthcare Trust PLC |
Cost Fair value 18/07/24 18/07/23 18/07/24 18/07/23 £ £ £ £ 79,527 79,527 45,296 49,468 50,053 - 59,333 - 40,000 - 40,085 - 72,991 103,680 80,775 114,625 23,267 23,267 101,187 96,437 35,634 35,634 92,100 65,910 20,868 20,868 122,535 104,825 24,736 24,736 22,270 19,380 20,612 20,612 56,286 49,032 - 42,958 - 29,256 47,923 47,923 50,019 50,803 64,266 64,266 62,028 50,069 - 78,680 - 74,992 90,118 90,118 140,500 116,000 54,877 54,877 47,846 46,640 65,736 65,736 57,100 56,625 35,106 35,106 41,426 31,980 - 31,935 - 25,698 - 28,847 - 24,538 24,541 24,541 78,593 61,236 26,243 27,967 54,330 58,501 63,726 63,726 61,916 64,040 69,464 69,464 76,250 67,750 53,713 53,713 48,736 45,606 21,056 29,836 116,659 121,358 76,857 - 77,795 - 10,929 10,929 113,360 92,880 21,249 21,249 44,060 46,980 54,359 54,359 84,835 68,103 50,047 - 58,700 - 58,822 - 62,808 - 16,584 16,584 90,506 80,501 73,176 73,176 76,048 74,074 68,517 - 70,459 - - 70,123 - 60,016 - 103,577 - 42,132 54,957 54,957 56,346 52,398 24,725 24,725 104,835 89,610 |
|---|---|
| 1,494,679 1,547,696 2,295,022 2,039,700 |
THE BIRMINGHAM DISTRICT NURSING
CHARITABLE TRUST
YEAR ENDED 18 JULY 2024