ST JUDE'S TRUST REPORT AND FINANCIAL STATEMENTS For the Year Ended 5 Aprll 2024 Charlty number.. 222883
ST JUDE'S TRUST FINANCIAL STATEMENTS 5 Aprll 2024 Reference Bnd admlnlslrative informallon Trustee'8 report Independent Examinar's report Statement of financial activllles Balanc8 sheel 10 Notes to the accounts 11-15 The following pages are supplementary and do not form part of the financial siatemenls Schedule of investments and income arising 16-19
ST JUDE'S TRUST REFERENCE AND ADMINISTRATIVE INFORMATION 5 April 2024 Trustaes Mrs Rosem8ry Kalhedne Duckett William Duckell Roger Millman Charity numbor 222883 Reglstered address Salisbury House London Wall London EC2M 5PS Indepèndent Examlnar Edwin SmSlh Chartered Accountants 32 Queens Road Readlng RG14AU Soll¢ltors Druc8s LLP Salisbury House London Wall London EC2M 5PS Invéstment Advl$ors JMFinn&Co 4 Coleman Street London EC2R STA Bankers Bank of Scotland 33 Old Broad Street London EC2N 1HZ Constltullon St Jude's Trust Is an unlncorporaled charlly, governed by a Trust Deed dated 27 February 1961 and 22 June 1965 as amonded on 29th June 2021. Charity number 222883.
ST JUDE'S TRUST TRUSTEES, REPORT 5 April 2024 The Trustees are pleased to present their report and financial slalemenls of the charity for Ihe year 8nded 5 April 2024. Reference and administrative information sel out on page 1 forms part of this report. The financial slalemenls comply with ¢urr8nt slalulory requirements, the ¢h8rily's Irusl deed and the Slalemenl of Recommended PraclScé - Accounting and Reportlng by Char5ties FRS 102. Structurè, Governance artd Managem8nt Governln document Sl Jude's Trust is an unincorporated charity, govemed by a declaration of trust dated 27 February 1961 and 22 June 1965 as amended on 291h June 2021. olntment of trustoes The existing trustees have the power to appoSnl new or additional Iruslees. Truste8 induction and trainln In view of Ihe s5ze of the charlly il is not considered necessary for the Iruslees to undergo formal training. However, there are a number of policies 8<Sopled by the trustees and new Iruslees would be asked to familiarise Ihémselv@s with the conlanls. anisation The Trust is govemed by a board ofthr8e trustees ofwhi¢h iwo are requlr8d to form a quorum. The Iruslee8 meet lce annually lo manage Ils affairs. Related artl6s Apart from th6 Ihreo trustees there are no related parties during the year. Rlsk mana ernent Sin¢e the charity has not committed itself lo paylng salarles and will continue to rely on the Irusltses. soli¢ilorslinveslment managers lo provide offices for ils meetings, Ihe financlal risk will be kept at a minimum. The trustees do not commit funds until they are available.
ST JUDE'S TRUST TRUSTEES, REPORT (CONTINUED) S April 2024 ObJe¢tlves and Actlvlties The Iruslees hold the distributable capital and income of the Charity lo pay or apply the whole or any part or parts thereof in their absolute discretion lo such legally charitable inslllulions or foundations or for such legally charitsble purposes as they shall determine. When planning activities for the year the trustees have considered the Charity Commission's guidance on public benefit. The endowment fund is invested to produ income which is available for unrestricted purposes. The Charity intends lo achieve these objectives by making charitable donations generally within ils available income though subject lo the reserves policy and Iruslee discretion Achi9vemgnts and Performance During the year the Trust made 32 charitable donations lotaling £39,084 and 2 individual donations tolaling £750 as detailed in note 4 to the financial statements on page 13. The chaiitable donations provided by the Chaiily allows each beneficiary charity lo aid sections of the public. Financlal revlew The statement of financial actlvilies shows that the nel expenditure for the year, after net galns and losses on investments, amounted lo £15,642 {2023'. £123.0331. The Iruslees consider the financial position of the Charity al the year-end lo be sound. No salaries are paid, unnecessary expenses have been incurred and there are no long-lerm commitments lo any third paty. Investment powers and pollcy Under the trust deed the charity h2s the power lo make any investment the trustees see fil. The trustees are satisfied with the performance of the Charity's investments and regularly monrtor them with the Investment Manager engaged lo manage the investments
ST JUDE'S TRUST TRUSTEES. REPORT (CONTINUED) S April 2024 Reserves policy The trustees recognized that the objects of the charity were unlikely lo be satisfied in the foreseeable future and thus there was a need lo generate income for the foreseeable future The trustees recognized that, given the nature of the Irusl, further donations lo the trust should not be relied upon. A reserve was necessary lo maintain the available funds for distribution from year to year. bearing in mind that there may be a downturn in the income of the trust by reason of economic conditions. A reserve would also hopefully in the medium term allow for an increase in dislribulions from year lo year In line with inllalion.11 is recognized that in order to maintain sufficient investment lo ensure as far Ès possible that income rose in line with the above criteria, a reserve would need to be established lo generate increased income over the medium leFm. A reserve was necessary as the demand for charitable gifts tended lo be greater when incomes were lower by reason ol low economic aclivily. A reserve was necessary lo maintain income in light of the loss of18x relief in future year5 On dividend income. 11 is considered that unreslricled reserves should be maintained for the present in the region of £75,000 10 £100,000. Having regard lo the history of the finances of the trust and foreseeable future, it is considered there is no reason to change the reserves policy. The Iruslees recognized that the objects of the trust are not such as to normally give rise to any special risks or contingencies, or indeed opportunities, The distributions in each year in accordance wth the policy set out below would therefore ensure the maintenance of suificient reserves. The trustees consider that the reserves policy should be reviewed annually in their autumnlwinter meeting. Plans for future In future years the trustees intend to continue making ¢harilable donations within the income arising and subject to the Resetves Policy. The trustees will continue lo ensure that funds are applied lo those most in need. They regularly monitor the charity investments in conjunction with the investment manager.
ST JUDE'S TRUST TRUSTEES, REPORT {CONTINUEDI 5 April 2024 Trustee5' responslbllities in relatlon to the flnanclal statements The charity Irustees are reswnsible for preparing a trustees, annual report and financial statements in accordance wllh applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. The law applicable to charities in England and Wales qUIrts the charity Trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity al the end of th$ financial year and of the incoming resources and application of resources, of the charity for Ihal perd. In preparing those financial slalemenls the trustees are requlred lo.. select suitable accounting pdicles and then apply them ¢onsislenlly', obseNe the methods and principles In th& applicable Charilies SORP {FRS 102).. make judgments and eslimales that are reasonable and prudent,, slate whether appllcable accounting standards have been follow6d subject to any malorfal departures that musl be disclosed and explained in the financial slalements., prepare the ffnandal slalements on the goSng conc6m basis unless 11 Is Inapproprlale lo presume that tho charlly will conllnue In oper81ion. The trustees are responsible for keeping proper accounting rerdS which disclose with reasonable accuracy at any lime the financial position of thg charity and lo enable them lo ensure that the financial slalemenls comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for laklng reasonable steps for the prevention and detecllon of fraud and other Irregularities. The trustee$ are responsible for the maintenance and integrity of the charity and financial Information Included on the charity's website in 8ccordancg with legislation In the United Kingdom governing the preparglion and disseminatlon of finanaal slalemenls. Approved by the Iruslees on 20L and slgnad on their behalf by: Mrs R K Duckoll W Duckg11 R. Millman
TRUSTEES'INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST JUDE'S TRUST 5 Aprll 2024 I report lo the truslees on my examination of the accounts of St. Juda's Trust Ilhe Trust) for the year ended 5 April 2024, which are set out on pag6s 9 10 15. Responsibilities and basis of report As the Charity trustees of the Trust you are responsible for the preparation of the 8c¢ounts in accordance with the requirements of the Charities Act 20111.lhe Acl'l. I report In respect of my 8xamlnalion of th8 Trustee's accounts carrfed out under seCtn 145 of tha 2011 Act and in carrying out my examination I have followed all the applicable Dlreclions given by th8 Charity Commission under section 14515llbl of the 2011 Act. Ind8pendenl examinavs stalemonl I have completed my examination. I confirm that no rnalerial mattors have Come lo my allenlSon in connection with the examination giving rne cause to believe that in any material iespect- {11 accountlng records were not kept In respect of the Trust a8 required by section 130 of the Aol., or {2) the accounts do not accord with thos8 rgcords.. or {3} th8 8ccounts do not comply wilh th8 applicab18 requirèments concerning the form and conlenl of accounts sol out in the Charities (Accounts and Reports) Regulalions 2008 other than any requirement that the accounts give a 'lrue and falr vlew, whlch Is not a matter consSdai8d as parl of an independent examination. I have no concerns and havo come across no other mallers in connectlot) wlth the examination to which attention should be drawn In thSs report in order lo enablg a proper underslandlng of the accoLJnls lo be reached. On behalf of.. Edwin Smith Chartored Accountants 32 Queens Road RcEJdin9 RG14AU Signed.. Phllip J Nlxon Date.. 3 December 2024
ST JUDE'S TRUST BALANCE SHEET 5 Aprll 2024 5.4.24 5.4.23 Notes Fixed assets Investments 1&7 1,172.790 1.200,474 Current assets Debtors Cash al bank and in hand 615 46,596 58 33,746 47,211 33.804 Cre¢litors.' Amounls falling due within ono year 10 16.7251 {5,3601 Net currènt assets 40,486 28,444 Total assets less cumnl 1,213,276 1,228,918 Funds of the charity Unreslrlcled funds Endowmenlfunds 12 12 79,668 1,133,608 92,803 1,136.115 Total Funds 1,213,276 1.228.918 The financial statements have bfjen prepared in accordan with the Charities Act 2011 and the Statement of Recommended Practice- Accounting and Reporting by Charities (FRS 102). Approved by Ihe Board of Trustees on loLPand signed Mrs R K Duckatt (Trusleel W Duckott ITrusleel R Millman (Trusteel The notes on pages 1110 15 form pa of these financial slalemenls. 10
ST JUDE'S TRUST STATEMENT OF FINANCIAL ACTIVITIES 5 April 2024 Unreslrlcted Funds Endowm8nt Funds Total 2024 Tolal 2023 Notès Income-. Investment income Dividends and interest 46.617 46,617 54,884 Total 46,617 46,617 54,884 Ex enditure.. Charltabl8 a¢tlvlties Governance costs 39,834 19,918 39.834 19,918 39,531 17,924 Total S9,752 59.752 57,455 Nel incomel{expènditurel {13,1351 113,1351 12,571) Nal galnslllossesl on invéstments {2,5071 12,5071 1120,462) Net In¢omel{8xp&ndlturel tor the year and net movement In funds (13,135) {2,5071 115,6421 (123,033) Rg¢onclllatlon of funds Total funds brought foNard 6 April 2023 92.803 q.136.115 1,228,918 1,351,951 Total funds carried forward at 5 April 2024 12 79,668 1.133.608 1,213,276 1,228,918 The notes on pages 11 to 15 form part of these financial slatemenls.
ST JUDE'S TRUST NOTES TO THE ACCOUNTS AS AT 5 Aprll 2024 ACCOUNTING POLICIES Basis of accounting The accounts (financial slalernenlsl have been prepared under th8 hlstorical cost convention with items recognised at cost or transaction value unless Othsrwise slated in the relevant not&lsl to these accounts. The financial slalemenls have been Prepared in accordance with the Slalemenl ol Recommended Pra¢ti¢ts'. Accounllng and Reporting by Charities preparing their accounls in accordance with the Financial Reporting Standard in the UK and Republic of Ireland IFRS 1021 leff6cliv$ January 20191- {Chaiilies SORP IFRS 1021 and the Charities Acl 2011. The trust constitutes a public benefit entity as defined by FRS 102. Preparation of the financial statements on a going concem basls The charity has a reasonable expectation that there are ad8quats resources lo continue in operational existence for the foreseeable futurè. 11 has therefore ¢onlinugd to adopt the going concern basis in preparing its financial statements. Income Income is recognised where there is enlillemenl and there is SLJfficienl Certainty of rec81pI 50 11 is probable the amount will be rtscelved, and the amount of income can be measured with sufficlenl rellabilily. Investment income This 18 included in the accounts when receipt is probable, and the amount recelvable can be measured reliably. Investment gains and losses This includes any realised or unrealised galns or losses on the sal8 of investments and any galn or loss resulting from revaluing investments to market value 81 Ihe end of the year. Expenditure Resources expended are included in the Slal8menl of Flnan¢lal Actlvilles on an accruals basis and are allocated as follows.. Charitable activities Donations are those amounts paid lo other charities for charitable purposgs. These are included in the Slalemenl of Financial Activities when approved by the trustees. Governance ¢osls Governanc& costs induda all èxpénditure not directly related to the charitable activities. These costs are detailed in note 5 on page 14. Fixed Asset Investments Inveslmanls are a form of baslc financial Inslrum8nl and are Inltlally recognIs al Ihelr Iransactlon value and subsequently measured al their fair value as al the balance sheet dale using Ihg ¢losing quoted market price. The statement of financial activities includes the net gains and losses arlslng on revaluallon and disposals throughout the year. The Trust does not acquire complex financial instruments.
ST JUDE'S TRUST SCHEDULE OF INVESTMENTS AND INCOME ARISING AS AT 5 Aprll 2024 ACCOUNTING POLICIES l¢ontinuedl Funds structure Funds held by the charily are.. Endowment funds- these are capital funds invested lo produ¢6 Income. Unreslricled general funds- these are funds which can b8 used in accordance with the tharilable obje¢is al the discretion of trustees. Dobtors Debtors are recognised al the settlement amount due. Cash at bank Cash at bank includes cash held al bank current accounts and short torm highly Ilquld Investments held on Ihe deposit accounts. Creditors Creditors and provlslon are recognlsed as soon as there is a lagal or conslrucllve obligatfon committing the charity lo that expenditure. it is probable that selllemenl is raquirod and the amount of the obligation Can be measured reliably. Financial instruments The ¢harlty accounts for baslc fin2nclal Instruments on Initial recognSllon as pèr paragraph 10.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17 10 11.19, FRS 102 SORP. Taxation The Charlty Is exempt from tsx on ils charitable aclivili8s. LEGAL STATUS OF THE TRUST The Sl Jude's Trust Is an unlnc0rpa1tsd charlty, governed by a declaration of trust dated 27 Febiuary 1961 and 22 June 1965 as amended on 29 June 2021. RELATED PARTY TRANSACTIONS The Iruslèé. R Du¢kell. Is also a trustee of the charity Henley YMCAtowhom donations were made lotalling £1,00012023- £1.0001 durlng the year. The trusleg, R Millman, Is also a Consullanl for Druces LLP, sollcltors, lo whlch fees w8re pald for adminislralion services provided lo the Charity lotalling £g.OOLI including VAT. He derlves no benefll from the fees paid to DrLJC6S LLP for such servIs. There were no other related paty transactions other than expenses relmbursed lo the three Iruslees. as detailed in note 5 page 14. 12
ST JUDE'S TRUST SCHEDULE OF INVESTMENTS AND INCOME ARISING AS AT 5 Aprll 2024 DONATIONS GoBayond Mobility Trust Livability The Sequel Trust Birmingham Royal Ballet Henley YMCA WhÉèlpower Bluebell's Day Centre Slréatwise Opera Action Cerebral Palsy Cure Parkinsons Ufton Court Parenllng Together Braln Turnour Charity Father's house Dernand PACE Sl Nicholas Church St Mungo's St Luke's Healthcare for the Clergy AustIC Children & Carers Together Llttle Mlracles CrlmSnon UK Henley Music School Independence al Home Sofa Project No Way Trust Limited Woodland Trust Nerve Tumour Uk Teen8ge Cancer Trust Respite Association Brillsh Wlreless for Ihe Blind Fund Be Free YC Donations lo individuals Mortimer Society (wrilten backl Total 1,000 1,000 1,000 2,000 750 1,000 3,000 500 500 1000 1000 1000 10 3,000 750 1,000 3,000 750 3,000 3,000 1,000 500 1,000 500 500 1,000 1,000 1,000 1,000 f,000 834 1,000 750 1000 39.834 13
ST JUDE'S TRUST SCHEDULE OF INVESTMENTS AND INCOME ARISING AS AT 5 April 2024 5. GOVERNANCE COSTS 5.4.24 5.4.23 Admlnistration charges Accountancy charges Trustee's expènses Nominee and safe custody charggs 7,770 2,229 919 9.000 19,918 8,090 2.120 875 No staff were amployd during the year. The trustees reiVed no remuneration bul were reitnbursed for expenses of allending trustee's m8etin9s and administration expenses amounting lo £91912023.. £875) NET GAINSI{LOSSESI ON INVESTMENTS 5.4.24 5.4.23 Realised gainslllossesl on carylng value Unreallsed gainsllloss8sI 3.347 {5,8541 (27,705) 192,757) 2.507 120 462 FIXED ASSET INVESTMENTS 5.4.24 5.4.23 Listod investments Carrying Ifairl value al 6 April 2023 Acquisitions al cost DIspos8ls at carrying value Nel gainl{lossesl on revalualK)n 5 April 2024 1,200.474 103.504 1125,3341 15,8541 1,321,765 147,436 {175.9701 192,7571 Carrylng {falrl value at 5 April 2024 1 172 790 1200 474 Hl8torlcal Cost at 5 Aprll 2024 900 289 884.259 8. CASH AT BANK 5.4.24 5.4.23 Bank of Scotland J M Finn & Co- Income J M Finn & Co- Deposit 23,833 28,392 22.763 5,354 33.746 14
ST JUDE'S TRUST SCHEDULE OF INVESTMENTS AND INCOME ARISING AS AT 5 Aprll 2024 9. DEBTORS 5.4.24 5.4.23 Accrued Income 615 58 615 58 10. CREDITORS 5.4.24 5.4.23 Nominee and safe custody charges Professional fees 4,500 3,240 2,120 2,225 5,360 11. ANALYSIS OF FUNDS 5.4.24 5.4.23 Endowment funds Investments Current assets 1,172,790 {39,1821 1,200,474 (64,3591 1 133 608 1 136115 Unrestricted funds Investments Cuent assets Current liabililles 86,393 16,725) 98,105 15,3021 92.803 Total funds 1213 276 1 228,918 12. MOVEMENT OF FUNDS Fund balances brou ht forward Fund balances carrlad forward Galns and Transfers losses Income Ex enditure Endowment fund 1,136,115 12,5071 1,133.608 Unr8stricl8d fund 92,803 46,617 159.75211 79,668 Total 1.228.918 46,617 {59,7521 (2,5071 1.213,276
ST JUDE'S TRUST SCHEDULE OF INVESTMENTS AND INCOME ARISING AS AT 5 April 2024 Market Value asat ril 2023 Market Value asal ril 2024 Income received Holdin Artemls Fund Managers Glob81 Income Trust Units 27,000 28,520.10 35,737.20 1.144.80 Astr32en¢a PLC Ordln8ry shares 290 33,622.60 30,798.00 660.62 Bellevue Healthcare Trust PLC Ordinary 0.01 p Shares 35,000 52.850.00 51,660.00 2,180.50 BHP Group PLC Ordinary $0.50 shares 1,500 36.187.50 34,275.00 1,805.59 Blg Y¥llow Group PLC Ordinary 10p Shares 2.000 23,040.00 20.480.00 910.00 Bluefield Solar Income Ordinary NPV 23,000 31,832.00 22,678.00 2,001.00 Caledonla Invests @ 36.3602 GBP 575 19,348.75 18,745.00 391.75 CC Japan Income & Growth Trust PLC CG portfollo fund PIC The Dollar Ine 11,000 21,670.00 412.50 250 41,652.50 39.517.50 738.77 Chesnara @ 2.839467 GBP 4,250 12,962.50 11.878.75 999.60 Dlgltal 9 Infrastru¢ture plc Ordinary NPV 33.000 22,374.00 7.458.00 495.00 Dunodin InGom¢ Growth Inv Trusts Ordinary Sharas GBPO.25 8.000 22,880.00 22,080.00 1.096.00 Eccleslastlcal Insurance OffSce 8.6250A Non Cum £1 Pref Shares 18,333 23,924.57 24,107.90 1.581.22 Experian Group PLC Ordinary $0.10 Shares 1.300 34,853.00 44,083.00 589.29 Franklln Templeton Funds INCXGBP Inc 28,500 36,594.00 33,430.50 1,700.58 Clfwd 420,641.52 418,598.85 16.687.22 16
ST JUDE'S TRUST SCHEDULE OF INVESTMENTS AND INCOME ARISING AS AT S Aprll 2024 Market Value asat ril 2023 Markgt Value asat ril 2024 Income received Holdln blfwd 420,641.52 418,598.85 16,687.22 Glvaudan SA 18,799.02 24,232.99 270.26 Greencoat UK Wind PLC Ordinary 1p Shares 25,600 40,883.20 35.200.00 2,560.00 GSK PLC Ordinary 0.3125p Shares 855 12,715.56 13,932.23 476.66 Janus Henderson SusVResp Fund UK 20,000 31.400.00 352.16 JP Morgan Amerlcan Investment Ordlnary GBPO.05 3.200 22,368.00 31,296.00 232.00 Law Dobenture Corp Ordlnary share GBPO.05 3,500 27.580.00 27,545.00 1,106.89 Legal & General Group PLC Ordinary 2.5p Shares 10,080 23,667.84 25,310.88 1.979.71 Lloyds Banking Group PLC 9.25°/o preference Shares 1 S.000 20.137.50 20.850.00 1,387.50 M&G Securities Ltd Global Dividend I Inc 13,000 37,871.60 40,664.00 1.257.88 Ml Somerset Asia Incoma 20,000 26,569.00 Disposed 1.tM2.46 Ml Twenty-Four Dynamlc Bond Units 140 12,761.76 13.404.11 785.08 Natlonal Grld Ordinary Shares GBP 0.12431289 2.100 23,709.00 21.693.00 1,197 Polar Capltal Funds PLC GLB Insurance 7.5711 GBP Premler Portfollo Manag&rs 2,750 20,2435 23,845.53 s(.09 17000 29,342.00 1,539.81 30,855.00 Reckilt Beneklser Group PLC Ordinary 10p Shares 335 Disposed 626.12 21,225.60 Clfwd 942,219.60 757.314.59 31,806.84 17
ST JUDE'S TRUST SCHEDULE OF INVESTMENTS AND INCOME ARISING AS AT 5 April 2024 Market Value asat Market Value asat Inme receivèd Holdin 2023 2024 blfwd 942.219.60 757.314.59 31,806.84 Rèlx PLC Ordinary 14.44p Shares 1,250 32,812.50 41,475.00 698.75 Rlo Tlnto PLC Ordlnary lop Shares 800 42,264.00 39.796.00 2.584.16 RIT Capltal Partners PLC Ordinary £1 Shar8s 1,400 30,789.00 24,220.00 579.50 Schrodèr Invostments Fund Company 23,000 19,481.00 20,428.60 1,211.80 Segro PLC Ordlnary 10p Shares 2.200 16,640.80 19,074.00 591.80 Shell PLC 1,900 44.897 52,820.00 2,a44.26 Siemens AG NPV 95 14.040.65 Stewart Asia 3.0594 GBP 5000 14,946.50 15,510.00 127.80 SVS Church House Investment Units 39,660 42,635.01 Dlsposed 1.989.64 Syn¢on8 Limited Or(Sinary NPV 20.000 30,120.00 23,600.00 Thè Renèwables infrastructure PIC GBP Ordinary NPV 30.000 38,460.00 29,700.00 2,154.00 Treasury Stock 1.25 Index-Link8d Stock 2027 4.25 0711212040 12,500 40,000 25,061.41 25.540.66 39,669.38 299.58 Unllever PLC Ordlnary 31.1 f1p Sharès 950 40,740.75 36,451.50 1410.29 Vanguard Funds PLC S&P 500 ETF INC NAV 425 26,378.16 33,149.47 379.90 1.347,445.73 1,172.789.85 45,878.32
ST JUDE'S TRUST SCHEDULE OF INVESTMENTS AND INCOME ARISING- INVESTMENTS SOLD AS AT 5 April 2024 Holdln Value 05.04.2023 Proceeds Reali3ed Gain l Loss Artem1$ Fund managers income Units 12,000 25,418.90 30.975.34 5.556.44 Ml Somerset Asia Income Reckitt Benckiser Group PLC Ordinary 10p Shares 20,000 26,569.00 27,609.57 1,040.57 335 21.225.60 18,296.80 12,928.801 RIT Capital Partners PLC Ordinary £1 Shares 250 4,665.00 4,871.84 206.84 Shell PLC B'shares 204 4,820.25 5,150.62 330.37 SVS Church House Investment Unlls 39,660 42,635.01 125.333.76 41,777.25 128,681.42 827.76 3.347.66 19