| PAGES | ||
|---|---|---|
| Legal and administrative | information | |
| Annual report ofthe Trustees |
||
| Independent examiner's |
report to the Trustees | |
| Statement offinancial |
activities | |
| Balance Sheet | ||
| Notes to the financial statements |
| THE BOARD OF TRUSTEES | THE BOARD OF TRUSTEES | |||
|---|---|---|---|---|
| Ex-officio | The Worshipful | the Mayor | ||
| Representative | trustees | M Yaxley Price | ||
| Cllr K Mitchell | ||||
| Cllr J Hayward | ||||
| Cllr K Richardson | ||||
| Cllr KWilliams | ||||
| Cllr N Sumner | ||||
| Cllr C Pickering | ||||
| Co-optative trustees | Mr JSBostwick | |||
| Mr M R Bird | ||||
| Mrs A C Fletcher | ||||
| Mr BR Eldred | ||||
| Dr E Norris | ||||
| Mr T EWest | ||||
| Mrs E Worth | ||||
| Miss J Leech | ||||
| CLERK | Mrs J Leece | |||
| c/o Ridley & Hall | Solicitors | |||
| 35 Church Street | ||||
| Bamsley | ||||
| S702AP | ||||
| INDEPENDENT | EXAMINERS | Gibson Booth | ||
| Chartered Accountants |
||||
| And Statutory Auditors | ||||
| New Court | ||||
| Abbey Road | ||||
| Shepley | ||||
| Huddersfield | ||||
| HD8 8BJ | ||||
| BANKERS | Barclays Bank pic | |||
| 23 Queen Street | ||||
| Bsrnsley | ||||
| S70IRJ | ||||
| STOCKBROKERS | Investec Wealth | and Investment | Limited | |
| Quayside House |
||||
| Canal Wharf | ||||
| Leeds | ||||
| LS115PU |
| Note | 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 8 | |||||||||
| Investment income |
||||||||||
| Narrower range |
2a | 752 | 752 | |||||||
| Wider range | 2b | 55,276 | 47,836 | |||||||
| Bank interest | 2 | 3 | ||||||||
| Total income | 56,030 | 48,591 | ||||||||
| EXPENDITURE ON: | ||||||||||
| Charitable activities |
||||||||||
| Grants payable in |
furtherance | of | the | charity's | objects: | |||||
| Fixed grants | 110 | 110 | ||||||||
| Additional grants |
20,645 | 26,674 | ||||||||
| Education awards |
10,000 | 11,800 | ||||||||
| 30,755 | 38,584 | |||||||||
| Governance costs: | ||||||||||
| Stockbrokers' fees | 12,160 | 8,071 | ||||||||
| Insurance | 171 | 168 | ||||||||
| Professional fees | 4,800 | 4,560 | ||||||||
| Accountancy | 1,272 | |||||||||
| 18,403 | 14,071 | |||||||||
| Total expenditure | ||||||||||
| NET INCOME/(EXPENDITURE) | 6,872 | (4,065) | ||||||||
| Realised (loss)/profit | on disposal | of investments | (11,911) | 7,505 | ||||||
| Unrealised (loss)/profit |
on revaluation | of investments | (100,429) | 208,045 | ||||||
| NET MOVEMENT | IN | FUNDS | (105,468) | 211,485 | ||||||
| Total funds brought | forward | 1,916,851 | 1,705,366 | |||||||
| Total funds carried | forward | 1,811,383 | 1,916,851 |
| Note | 2022 | 2021 | |
|---|---|---|---|
| 5 | 5 | ||
| INVESTMENTS | |||
| Narrower range |
ya | 19,547 | |
| Wider range | yb | 1,615,879 | 1,783,269 |
| 1,615,879 | 1,602,816 | ||
| CURRENT ASSETS | |||
| Bank current account | 69,905 | 104,234 | |
| Bank deposit accounts | 13,822 | 13,820 | |
| Dealing account | 117,957 | 2,149 | |
| 201,684 | 120,203 | ||
| CURRENT LIABILITIES | |||
| Professional fees |
4,920 | 4,920 | |
| Accountancy fees |
1,260 | 1,248 | |
| 6,180 | 6, 168 | ||
| NET CURRENT ASSETS | 195,504 | 114,035 | |
| NET ASSETS | I 8«,383 | & t,ss | |
| FUNDED BY | |||
| Unrestricted funds |
1,811,383 | 1,916,851 |
| 2 | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | |||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| 6 | 6 | |||||||
| a | Narrower range |
|||||||
| 4N Treasury Stock | 2022 | 752 | 752 | |||||
| 752 | 752 | |||||||
| b | Wider range | |||||||
| Aberdeen UT Mgrs |
Asia Pacific | 1,518 | 1,467 | |||||
| Astrazeneca Group |
pic | 709 | 1,108 | |||||
| Aviva Investors Fund |
3,370 | 368 | ||||||
| Barelays | 86 | 43 | ||||||
| Bbgi Sivac S.a.Ord | 586 | 1,149 | ||||||
| BMO Commercial | 750 | |||||||
| BHP Bifiington pic | 2,824 | 1,266 | ||||||
| Blackrock Smafier | Companies | Trust | 754 | 731 | ||||
| BP pic | 1,195 | 1,505 | ||||||
| Charities Property |
Fund | 1,028 | 991 | |||||
| Diageo pic | 610 | 701 | ||||||
| Experian Group | 427 | 625 | ||||||
| FIL Investment Services |
(UK) | 3,084 | 2,571 | |||||
| First State Investments | Stewart | mv Asia Pacifi'c | 109 | 268 | ||||
| GlaxoSmithKlme | pic | 941 | 1,451 | |||||
| GLG Investments | JPN | 299 | ||||||
| Hipgnosis Songs | 315 | |||||||
| Henderson Investment |
1,080 | 536 | ||||||
| HICL Infrastructure | Ltd | 3,836 | 3,372 | |||||
| HSBC Holdings pic |
371 | 782 | ||||||
| INT Pubkc Partner | 3,749 | 2,835 | ||||||
| Jackson Fmancial | 23 | |||||||
| Johnson Matthey |
454 | 322 | ||||||
| JP Morgan Asset | Management | UK | 977 | 869 | ||||
| Jupiter UT | 2,078 | 1,885 | ||||||
| Lloyds Banking Group | 49 | 42 | ||||||
| Mfi,G Pic | 469 | 524 | ||||||
| Natwest | 38 | 38 | ||||||
| Old Mutual Fund Managers | 100 | |||||||
| Picton Property Inc | 565 | 973 | ||||||
| Polar Capital | 462 | |||||||
| Premier Portfolio | 119 | |||||||
| Primary Hlth Prop |
1,088 | 1,002 | ||||||
| Prudential Corp pic |
383 | 376 | ||||||
| Relx Pic | 346 | |||||||
| Rio Tinto pic | 5,219 | 2,818 | ||||||
| Royal Dutch Shell | 1,250 | 1,289 | ||||||
| Royal London | 2,436 | 3,298 | ||||||
| Shell Pic | 479 | |||||||
| Schroder pic | 1,610 | 1,323 | ||||||
| SDCL Energy | 1,258 | |||||||
| Smiths Group pic | 399 | 716 | ||||||
| Smith 8 Nephew | 164 | 433 | ||||||
| SSEPic | 1,642 | 1,608 | ||||||
| Tesco | 394 | 3,304 | ||||||
| Twentyfour Income |
1,282 | |||||||
| The Renewables | 1,590 | 1,403 | ||||||
| UK Commercial Property |
357 | 709 | ||||||
| Unilever pic | 920 | 934 | ||||||
| Verizon | 449 | |||||||
| Vodafone pic | 1,846 | 1,114 | ||||||
| WPP Group pic | 173 | |||||||
| 55,276 | 47,836 |
| FIXEDGRANTS | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||
| 2 | 2 | |||||||||
| Barnsley &Disfict General |
Hospital | 25 | 25 | |||||||
| St Mary's Church, Bamsley |
35 | 35 | ||||||||
| The Governors ofHolgate | School, | Bamsley | 50 | 50 | ||||||
| 110 | 110 | |||||||||
| ADDITIONAL GRANTS | ||||||||||
| 2022 | 2021 | |||||||||
| 5 | 6 | |||||||||
| Voted and distributed | ||||||||||
| 148Bamsley Squadron | Air | Tarining Corps | 1,500 | 1,500 | ||||||
| Bamardos | 1,000 | 1,000 | ||||||||
| Barnsley Army Cadet | Force | 2,000 | 2,250 | |||||||
| Bsrnsley Sea Cadets | 1,500 | 1,000 | ||||||||
| Bamsley Beacon Support | &Svc | 1,500 | ||||||||
| Bamsley Blind &Partially | Sighted | 750 | 1,500 | |||||||
| Bamsley Distriat Scouts | 750 | |||||||||
| Barnsley Distric Talking | Newspaper | 750 | 1,500 | |||||||
| Bamsley MBC Scouts | 750 | 2,250 | ||||||||
| Bamslsy Independent | Alzheimsrs | &Dementia | Society | 1,000 | ||||||
| Bamsley Museums | 8 | Heritage | Trust | 500 | ||||||
| Barnsley Ssmantsns | 1,500 | 1,500 | ||||||||
| Barnsley Theatre Trust | 1,000 | |||||||||
| Bamsley Youth Choir | 1,000 | |||||||||
| Beacon South Yorkshire | 1,000 | |||||||||
| Crimestoppers Trust |
1,000 | |||||||||
| Dial Bsrnslsy | 1,000 | |||||||||
| Educational Learning |
Support | Hub | 1,000 | |||||||
| FareShare Yorkshire | 1,000 | 1,000 | ||||||||
| Grimethorpe Activity |
Zone | 1,000 | ||||||||
| Listening Books | 1,000 | 900 | ||||||||
| Music in the Round |
1,000 | |||||||||
| Parkinson's UK Bamsley |
& | District | Branch | 1,500 | ||||||
| React | 695 | 574 | ||||||||
| SSAFA | 250 | 500 | ||||||||
| Station House Community | Assoctafion | |||||||||
| The Exodus Prolect | 1,200 | 1,200 | ||||||||
| TADS | 1,000 | |||||||||
| The Casper Art Gallery | 1,000 | 1,000 | ||||||||
| The Shaw Lane Foundation | 1,500 | 1,000 | ||||||||
| 20,645 | 26,674 | |||||||||
| EDUCATION AWARDS | ||||||||||
| 2022 | 2021 | |||||||||
| 5 | 5 | |||||||||
| C Fisher | 1,000 | |||||||||
| C L Fisher | 1,000 | 1,000 | ||||||||
| C Johnson | 1,000 | 1,000 | ||||||||
| E Bsrhsm | 500 | |||||||||
| EHeigh | 500 | |||||||||
| ESchofield | 1,000 | 1,000 | ||||||||
| JArmitsge | 500 | |||||||||
| K Hadfield | 1,000 | |||||||||
| LJ Bailey | 1,000 | 1,000 | ||||||||
| M I Efiis-Parkinson |
1,000 | |||||||||
| 7Fuller | 1,000 | |||||||||
| ECrowlher | 1,000 | |||||||||
| EFleuxtl-Tilston | 500 | |||||||||
| M Greenhalgh | 500 | |||||||||
| YSchofield | 1,000 | 1,000 | ||||||||
| JSutton | 1,000 | |||||||||
| L Hom | 300 | |||||||||
| L Grayson | 1,000 | |||||||||
| YJackson | 1,000 | 1,000 | ||||||||
| 10,000 | 11,800 |
| INVESTMENTS | 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| f | 6 | |||||||||
| Market value ofinvestments | brought | forward | 1,802,816 | 1,552,784 | ||||||
| Accumulation dividends |
3,171 | |||||||||
| Acquisitions at cost |
454,287 | 136,911 | ||||||||
| Sale proceeds from disposal |
(532,055) | (102,430) | ||||||||
| Realised (loss)/profit |
on disposal | of | investments | (11,911) | 7,505 | |||||
| Unrealised (loss)/profit |
on revaluation | of investments | 208,045 | |||||||
| Market value of investments | carried | forward | 1,615,879 | 1,802 816 | ||||||
| The realised profit on |
disposal of | investments | is analysed | as follows: | ||||||
| Proceeds | Nlarket | Gain/ | ||||||||
| value | (loss) | |||||||||
| 6 | 6 | 6 | ||||||||
| 4%Treasury Stock | 18,800 | 18,800 | ||||||||
| Astrazeneca Group Pic |
21,580 | 22,316 | (736) | |||||||
| Bailie Giffod American | W3 | 25,594 | 37,500 | (11,906) | ||||||
| Barclays Pic | 7,810 | 7,388 | 422 | |||||||
| Bbgi Sivac Ord | 27,889 | 28,176 | (287) | |||||||
| Experian Group |
28,121 | 22,300 | 5,821 | |||||||
| First State Investments | 16,031 | 15,839 | 192 | |||||||
| GlaxoSmithKline Pic |
27,109 | 23,422 | 3,687 | |||||||
| H20 Global Strategy | 34,091 | 37,069 | (2,978) | |||||||
| HSBC Holdings Pic |
35,365 | 30,252 | 5,113 | |||||||
| Johnson Matthey |
11,155 | 19,363 | (8,208) | |||||||
| Lloyds Banking Group | Pic | 3,310 | 3,421 | (111) | ||||||
| Old Mutual Fund Managers |
10,885 | 12,942 | (2,057) | |||||||
| Pitcon Prop Inc | 33,050 | 29,027 | 4,023 | |||||||
| Polar Capital Funds Emerging | 10,733 | 11,224 | (491) | |||||||
| Polar Capital Funds | 33,587 | 34,291 | (704) | |||||||
| Polar Capital Technology | 42,737 | 39,089 | 3,648 | |||||||
| Royal Bank of Scotland | Group Pic | 2,755 | 2,576 | 179 | ||||||
| Smith & Nephew | 18,955 | 24,457 | (5,502) | |||||||
| Smiths Group Pic | 23,621 | 24,379 | (758) | |||||||
| Threadneedle Inv UK |
37,194 | 40,230 | (3,036) | |||||||
| UK Commercial Prop |
20,980 | 21,270 | (290) | |||||||
| Vodafone Pic | 15,725 | 16,777 | (1,052) | |||||||
| Whitbread Pic |
19,323 | 21,858 | (2,535) | |||||||
| Jackson Financial COM |
1,995 | 1,995 | ||||||||
| Woolside Energy | 3661 | 3,661 | ||||||||
| 532,056 | 525,166 | (11910) |
| No. | Cost at | MV et | Cost at | MV at | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30.08.22 | 30.06.22 | 30.08.21 | 30.06.21 | ||||||||||
| s | Narrower range |
8 | 6 | ||||||||||
| 4tt Treasury Stock 2D22 | 19612 | 19547 | |||||||||||
| 19,612 | 19,547 | ||||||||||||
| No. | Cost at | MV at | Cost at | MV at | |||||||||
| 30.08.22 | 30.08.22 | S0.08.21 | 30.06.21 | ||||||||||
| b | Wider range | 6 | 8 | 2 | |||||||||
| Aberdeen UT Mgrs |
Asia | Pacifm | 47,000 | 35.940 | 50,102 | ||||||||
| Aslrazeneca Group |
pic | 258 | 27,867 | 44,720 | |||||||||
| Aviva Investors | 23,000 | 39,592 | 45,828 | 24,926 | 28,554 | ||||||||
| Baillie Giflord American | 31,123 | 37,500 | |||||||||||
| Bsrdays Pic | 7,388 | ||||||||||||
| Bgbi Sivan S.a Crd | 22,715 | 28,176 | |||||||||||
| BHP Blllington pic |
1,100 | 10,946 | 25,270 | 10,946 | 23,433 | ||||||||
| Blackrock Smaller | Compames | Trust | 2,250 | 10,293 | 29,138 | 1D,293 | 44,190 | ||||||
| BMO Commercial | 50,000 | 50,516 | 55,650 | ||||||||||
| BPpic | 7,500 | 34,467 | 29,124 | 34,467 | 23,627 | ||||||||
| Charities Properly Fund |
20,108 | 25,295 | 30,110 | 25 295 | 25,415 | ||||||||
| Clagso pic | 825 | 4,014 | 29,120 | 4,D14 | 28,555 | ||||||||
| Experisn Group | 675 | 3,626 | 16,244 | 7,924 | 41,116 | ||||||||
| FIL Investment Services |
(UK) | 78 580 | 76,427 | 67,555 | 78,427 | 80,937 | |||||||
| FIL Investment Services |
(UK) | Spec Sil | uations | 931 | 40,371 | 36,923 | |||||||
| Findlay Park Funds | Pic | 410 | 16,287 | 51,707 | 16,287 | 53,561 | |||||||
| First State Investments | 11,647 | 15,839 | |||||||||||
| Firsl Stets Investments | Stewart Asia P | acific | 15,250 | 32,776 | 44,114 | 32,776 | 47,263 | ||||||
| GisxoSmithKlirm pic |
6,093 | 23,422 | |||||||||||
| GLG Investments | 12D | 22,104 | 27,589 | 21,805 | 23,726 | ||||||||
| H20 Global Strategy | |||||||||||||
| Henderson Global Investments |
47203 | 35,707 | 50,743 | 35,707 | 58,956 | ||||||||
| Hid Infrastructure Co Ltd |
46,5DO | 71,228 | 80,259 | 71,228 | 77,144 | ||||||||
| Hipghosls Songs |
32,700 | 40,529 | 35,970 | ||||||||||
| HSBC Holdings pic | 51,763 | 30,252 | |||||||||||
| INT Public Partner | BD,250 | 7S,949 | 81,857 | 76,949 | 83,968 | ||||||||
| JP Morgan Asset Management | UK | 32,317 | 17,083 | 48,152 | 17083 | 43,725 | |||||||
| Johnson Mstlhey | 630 | 10,389 | 19,363 | ||||||||||
| JP Morgan AM UK |
50,000 | 44,539 | 40,374 | ||||||||||
| Legal &General | 9,000 | 25,723 | 21,560 | ||||||||||
| Lloyds Banlcng Group pic | 38,160 | 3,421 | |||||||||||
| Pnmary Hlth Prop |
17,132 | 17,856 | 23,359 | 17,656 | 26 358 | ||||||||
| Morsnt Wnght | 2,MO | 25,711 | 26,030 | ||||||||||
| Old Mutuel Fund Managers |
24,587 | 14,588 | 33,087 | 18,023 | 65,977 | ||||||||
| Picton Property Inc |
13,123 | 29,027 | |||||||||||
| Polar Capital Technology | Trust | pic | 1,675 | 1,201 | 30,937 | 2,385 | 78,769 | ||||||
| Polar Capital Fund Emerging | Mkts Inc | 10,137 | 11,224 | ||||||||||
| Polar Capital Funds | 9,219 | 34,291 | |||||||||||
| Premier Portfolio Mlti Cap | 23,DOO | 50,841 | 46,138 | ||||||||||
| Premier Pordolio Opporutinites | 23,150 | 85,718 | 78,872 | ||||||||||
| Prudential Corp pic |
2,875 | 29,203 | 39481 | ||||||||||
| RBS(Luxembourg) | 4,550 | 47,434 | 39,676 | 47,434 | 47,821 | ||||||||
| Relx Pic | 725 | 12,468 | 16,135 | 12,468 | 13,911 | ||||||||
| Rio Tinto pic | 690 | 7,405 | 33,926 | 7,405 | 41,D52 | ||||||||
| Royal Bank CfScodand | Group | pic | 2,576 | ||||||||||
| Royal Dutch Shell | 2,62D | 17,344 | 55,917 | 17,344 | 36,656 | ||||||||
| RoyalLondon | 65,250 | 89,697 | 80,127 | 89,697 | 95,004 | ||||||||
| Schnxisr pic | 54,284 | 34,576 | 40,990 | 34,576 | 43,205 | ||||||||
| ScoNish It Southern | Energy | pic | 2,00D | 14,126 | 32,325 | 14,126 | 30,005 | ||||||
| Sdcl Energy | 22,5M | 25,065 | 26,D78 | 25,095 | 26,289 | ||||||||
| Smiths Group pic | 12,827 | 24 379 | |||||||||||
| Smith &Nephew | 7,396 | 24,457 | |||||||||||
| Standard Life Investments |
47,000 | 35,940 | 45,261 | ||||||||||
| Tesco | 4,302 | 17,9S9 | 10,989 | 17,959 | 9,590 | ||||||||
| The Renewsbles Infrastructure |
Group | 25,000 | 26,872 | 33,825 | 26,872 | 32,075 | |||||||
| Threadneedle Investments |
UK | 12,557 | 40,230 | ||||||||||
| Twentyfou Income |
S4,0DO | 38,771 | 34,425 | ||||||||||
| UK Commercial Property |
22,494 | 21,270 | |||||||||||
| Unilsviir pic |
11,521 | 23,445 | 11,521 | 26,654 | |||||||||
| Vodafone pic Whilbresd pic |
~1253S8S ~IBIS878 | 28,754 ~5147 ~tt38 172 |
16,777 ~21 BSB ~1783288 |
||||||||||
| -11- |