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2021-04-04-accounts

Trustees Lady Colman
Oliver James Colman Esq
The Hon Mrs Colman
Jeremiah Michael Powlett Colman Esq
Rev Sue Colman
Camilla Adeney
Louisa Whitworth
Secretary Mrs V R Persson
Administrator and bookkeeper Mrs V R Persson
Charity number 229553
Principal address Estate Office
Malshanger
Basingstoke
RG23 7EY
Independent examiner Alan Patterson FCA
17Walkergate
Berwick-upon-Tweed
Northumberland
TD151DJ
Bankers Barclays Bank Pic
8 Market Place
Basingstoke
Hampshire
RG217LY
Solicitors Penningtons Manches LLP
Da Vinci House
Basing View
Basingstoke
Hampshire
RG214EQ
Investment advisors Aberdeen Standard Capital Limited
30 St Mary Axe
London
EC3A8EP

Page
Trustees' report 1-4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8-24

Unrestricted Endowment Total Unrestricted Endowment Total
funds funds funds funds
2021 2021
Notes £ £
2021 2020 2020
£ £ £
2020£
Income from:
Investments 3 181,137 181,137 201,948 201,948
Expenditure on:
Raising funds 4 50,886 50,886
49,588 49,588
Charitable activities 5 169,416 169,416 176,201 176,201
Total resources
expended 169,416 50,886 220,302 176,201 49,588 225,789
Net gains/(losses) on
investments 9 2,217,881 2,217,881
(869,290)
(869,290)
Net movement in funds 11,721 2,166,995 2,178,716 25,747 (918,878) (893,131)
Fund balances at 6
April 2020 48,583 7,245,764 7,294,347 22,836 8,164,642 8,187,478
Fund balances at 5
April 2021 60,304 9,412,759 9,473,063 48,583 7,245,764 7,294,347

2021 2020 2020
Notes £ £ £ £
Fixed assets
Investments 10 9,420,733 7,253,816
Current assets
Debtors 12 454
Cash at bank and in hand 103,830 91,286
103,830 91,740
Creditors: amounts falling due within
one year
13 (51,500) (51,209)
Net current assets 52,330 40,531
Total assets less current liabilities 9,473,063 7,294,347
Capital funds
Endowment funds - general 9,412,759 7,245,764
Income funds
Unrestricted funds 60,304 48,583
9,473,063 7,294,347

Unrestricted Unrestricted
funds funds
2021
2020
£
£
Investment income 181,001 201,643
Interest receivable 136 305
181,137 201,948

Endowment Endowment
funds funds
general general
2021 2020
£ £
50,886
49,588
50,886
49,588
5
Charitable activities
2021 2020
£ £
Staff costs 4,836 4,836
Annual donations Note6 79,550 79,525
Extra donations Note6 1,000 186
New appeals Note 6 20,400 27,100
Long term donations Note6 53,750 56,500
Accountancy 7,800 6,600
Independent Examination
Sundry expenses
1,200 1,200
802 176
LEI fees 78 78
169,416 176,201
Donations by type
a) Annual Donations 2021
2020
£
£
Basingstoke Mencap Services 1,500
1,500
Basingstoke Voluntary 1,200
1,200
Bible Society
Canine Partners
2,000
1,500
2,000
1,500
Hampton Trust
Hants National Singing
1,000
2,000
1,000
2,000
Kingfisher Day Centre
Mercy Ships
1,000
1,000
1,000
Moorfields Eye Hospital
National Trust
1,000
1,500
1,000
1,500
Newbury Spring Festival
North hants Medical Fund
1,250
1,500
1,250
1,500
Oakley PCC 1,500
1,500
Orchid Society BG 1,000
1,000
Perennial 1,500
1,500
Portsmouth Naval Base 2,000
2,000

6 Donations by type (Continued)
Royal Alexandra and Albert School 1,000 1,000
Royal Horticultural Society 1,500 1,500
See Ability 2,500 2,500
Skinners' Company School for Girls 1,000 1,000
Spinal Injuries Association 1,000 1,000
St Michael's Hospice 2,000 2,000
The Anvil Trust 1,000
The Art Fund 2,000 2,000
Woolf Institute 1,250 1,250
Youth for Christ 1,000 1,000
Other donations (less than £1 ,000) 42,850 44,825
79,550 79,525
b) Extra donations 2021 2020
£ £
Under One Roof 1,000
Other donations (less than £1,000) 186
1,000 186
c) New appeals 2021 2020
£ £
Aimshouse Association 1,000
Basingstoke & Deane Bourgh Council 5,000
Basingstoke Mayor's Appeal 2,500
Basingstoke Mencap Services 5,000
Depaule UK 1,000
Fitzroy 1,000
Footprint Project 3,000
Friends of Kennet Way 1,000
Hampshire and IOW Community Foundation 1,000
HIOWAA 2,000
Hope For The Future 2,000
Macmillan Cancer Support 1,000
Mercy Ships 3,000
Nehemiah 1,000 5,000
Play To The Crowd 2,500
Severnside Building Appeal 5,000
Sir Harold Hillier Gardens and Arboretum 1,600
St Martin-in-the-field Trust 1,000
Whitchurch Silk Mill 1,000
Other donations (less than £1,000) 1,800 100
20,400 27,100

6 Donations by type (Continued)
d) Long term donations 2021£ 2020
£
Alpha International 5,000 5,000
BeMore
Chicks
Foundation for Educational Leadership 10,000
Home for Good 5,000 5,000
Hope for the Future
Judd School 15,000 15,000
Mindfood CIC 1,500 1,500
MotivS 1,500 1,500
National Trust
PACT 3,000 3,000
Recovery Two 1,000
REMAP 1,000
Revelation Trust 2,500
Royal Horticultural Society 3,000 3,000
Resugo Trust (Spear) 3,000 3,000
Sebastian's Action Trust 5,000
Step by Step Partnership Ltd 3,000 2,500
Winchester Go LD 2,000 2,000
Winchester Youth Counselling 1,000 1,000
The Ark, Project Lighthouse
XLP 1,250
Other Long Term Donation (less than £1,000) 2,000 2,000
53,750 56,500

The average monthly number of employees during the year was:
2021 2020
Number Number
1
1
Total 1
1

Employees (Continued)
Employment costs 2021 2020
£ £
Wages and salaries 4,836 4,836
Endowment Endowment
funds funds
general general
2021 2020
£ £
Revaluation of investments 2,195,886 (884,616)
Gain/(loss) on sale of investments 21,995 15,326
2,217,881 (869,290)

Listed Cash in Total
investments
£
portfolio£ £
Cost or valuation
At 6 April 2020 7,142,777 111,039 7,253,816
Additions 118,976 (118,976)
Valuation changes 2,217,881 2,217,881
Management fees (50,886) (50,886)
LEI charge (78) (78)
Disposals (180,129) 180,129
At 5 April 2021 9,299,505 121,228 9,420,733
Carrying amount
At 05 April 2021 9,299,505 121,228 9,420,733
At 05 April 2020 7,142,777 111,039 7,253,816

2021 2020
£ £
United Kingdom investments 7,737,095 5,890,181
Overseas investments 1,562,410 1,252,596
9,299,505 7,142,777
Market Value %
Reckitt Benckiser Group 2,386,868 26
Findlay Park Funds Pic 597,123 6
Mercantile Investment Tst Pic 512,000 6
Scottish Mortgage Inv Trust 465,600 5

Holding Book Value Market Value Additions/ Cost/ Realised Book Cost Unrealised Market Value Holding Book Value Market Value Additions/ Cost/ Realised Book Cost Unrealised Market Value Holding Book Value Market Value Additions/ Cost/ Realised Book Cost Unrealised Market Value
Holdings g05.04.2020 @ 05.04.2020 @ 05.04.2020 Disposals Date Proceeds Gain/fLoss) @ 05.04.2021 Gain;(Loss) 805.04.2021 Dividends
Abeam
Ordinary GB0.002 2,500.00 29,621.50 27,675.00 29,621.50 7,575.00 35,250.00 88.75
Accenture
Cls'a'USDO.0000225 900.00 55,659.71 111,599.41 55,659.71 71,334.88 182,934.29 1,737.31
Activision Blizzard Inc
Common Stk USD0.000001 1,400.00 40,875.07 68,464.99 40,875.07 30,601.73 99,066.72 394.30
Alibaba Group Holding Ltd
8 Ord SHS Addition 22/04/20 25,732.14 25,732.14 (1,301.97) 24,430.17
Alphabet Inc
Capital Stk USD0.001 135.00 49,292.97 120,198.64 49,292.97 96,311.77 216,510.41
Amazon Corn Inc
Common USD0.01 50.00 29,696.24 77,691.77 29,696.24 38,914.71 116,606.48
American Tower Corp
Common New USD0.01 300.00 25,559.61 54,517.00 25,559.61 (1,463.43) 53,053.57 933.40
Apax Global Alpha Ltd
Ordinary No Par Value 16,172.00 19,277.02 18,500.77 19,277.02 12,387.75 30,888.52 1,641.46
Astrazeneca Pic
Ordinary USD0.25 1,000.00 26,611.70 71,440.00 26,611.70 280.00 71,720.00 2,070.00
Carried Forward 276,593.82 550,087.58 25,732.14 302,325.96 254,640.44 830,460.16 6,865.22

Holding Book Value Market Value Additions/ CosU Book Holding Book Value Market Value Additions/ CosU Book Cost Unrealised Market Value
@ 05.04.2020 @ 05.04.2020 @ 05.04.2020 Disposals Date Proceeds Gain;(Loss) @ 05.04.2021 Gain/fLoss) ® 05.04.2021 Dividends
Brought Forward 276,593.82 550,087.58 25,732.14 302,325.96 254,640.44 830,460.16 6,865.22
Bankers Investment Trust Pic
Ordinary GBP0.25 17,000.00 40,684.89 135,150.00 40,684.89 53,550.00 188,700.00 3,661.80
BB Biotech
Ag CHF0.20 500.00 22,632.46 22,218.98 22,632.46 9,969.12 32,188.10 911.88
BHP Billion
Ordinary USD0.50 5,800.00 25,971.21 71,989.60 25,971.21 47,954.40 119,944.00 6,675.56
Bluefield Solar Income Fund
Ord NPV Addition 20/11/20 24,840.92 24,840.92 1,562.57 26.403.49 400.66
BP Pic
Ordinary USD0.25 11,500.00 71,799.06 38,789.50 71,799.06 (5,462.50) 33,327.00 2,308.13
Bunzl
5 Ordinary GBP0.32142857 2,900.00 17,440.82 44,950.00 17,440.82 23,490.00 68,440.00 1,496.40
City of London Trust Pic
Deferres Stock GBP0.25
23,000.00 53,955.59 70,380.00 53,955.59 16,675.00 87,055.00 4,370.00
Colonial 1st State Asia Pacific
B'AccNav 19,740.0000 64,012.45 236,307.54 Disposal 30/06/20 (70,117.87) 13,375.33 48,641.68 86.818.50 266,383.50
Carried Forward 573,090.30 1,169,873.20 (19,544.81) 13,375.33 608,292.59 489,197.53 1,652,901.25 26,689.65

Holding Book Value Market Value Additions/ Cost/ Book Cost Unrealised Market Value
@ 05.04.2020 @ 05.04.2020 @ 05.04.2020 Disposals Date Proceeds Gain/fLoss) @ 05.04.2021 Gain/fLoss) @ 05.04.2021 Dividends
Brought Forward 573,090.30 1,169,873.20 (19,544.81) 13,375.33 608,292.59 489,197.53 1,652,901.25 26,689.65
Cqs New City High Yield Fund
Ordinary no Par Value 75,000.00 40,903.71 30,375.00 40,903.71 8,250.00 38,625.00 3,345.00
Crh
Ordinary EUR0.32 900.00 24,652.08 19,215.00 24,652.08 10,890.00 30,105.00 485.99
Diageo Pic
Ordinary 28 101/108p Shares 3,200.00 25,680.05 78,656.00 25,680.05 17,568.00 96,224.00 2,236.16
Edinburgh Dragon Pic
Ordinary GBP0.2 40,000.00 31,939.31 137,600.00 31,939.31 73,600.00 211,200.00 1,900.00
Eledric & General
Inv W Inc 63,686.00 45,753.71 134,252.02 45,753.71 34,263.56 168,515.58 1,479.83
Fidelity European Values Pic
Ordinary GBP0.25 45,000.00 36,230.44 95,400.00 36,230.44 29,925.00 125,325.00 2,916.00
Fidelity Special Values
Ordinary GBP0.05 150,000.00 67,658.05 245,700.00 67,658.05 160,800.00 406,500.00 8,700.00
Findlay Park US Smaller Cos
Shs US $MCOS 6,000.0000 37,161.56 552,408.90 Disposal 20/04/20 (98,062.47) 5,994.32 30,967.97 136,782.07 597,122.82
Carried Fomard 883,069.21 2,463,480.12 - (117,607.28) 19,369.65 912,077.91 961,276.16 3,326,518.65 47,752.63

Holding Book Value Market Value Additions/ Cost/ Holding Book Value Market Value Additions/ Cost/ Book Cost Unrealised Market Value
605.04.2020 @ 05.04.2020 g 05.04.2020 Disposals Date Proceeds Gain/(Loss) ® 05.04.2021 Gain/fLoss) g 05.04.2021 Dividends
Brought Forward 883,069.21 2,463,480.12 (117,607.28) 19,369.65 912,077.91 961,276.16 3,326,518.65 47,752.63
Foresight Solar Fund Ltd
No Par Value 25,000.00 25,925.00 27,250.00 25,925.00 (1,750.00) 25,500.00 1,717.50
GlaxoSmithKline Pic
Ordinary GBP0.25 2,000.00 15,015.68 29,788.00 15,015.68 (4,236.00) 25,552.00 1,600.00
Greencoat Renewable PLC
EUR0.01 Addition 08/12/20 28,103.70 28,103.70 (707.40) 27,396.30 269.39
Henderson Eurotrust Pic
Ordinary Shares GBP0.05 8,500.00 35,020.84 84,490.00 35,020.84 37,485.00 121,975.00 2,125.00
Henderson Smaller Co Inv Trt
Ordinary Shares of GBP0.25 20,000.00 43,651.75 128,800.00 43,651.75 106,400.00 235,200.00 4,700.00
HSBC Holdings Pic
Ordinary Shares of USD0.50 5,000.00 32,696.00 19,860.00 32,696.00 1,300.00 21,160.00
Indivior Pic
Ordinary USD0.10 36,738.00 926.06 16,304.32 926.06 31,822.46 48,126.78
Johnson Matthey
GB01.101698 1,261.00 21,151.86 21,228.94 21,151.86 16,777.60 38,006.54 644.69
Carried Forward 1,057,456.40 2,791,201.38 (89,503.58) 19,369.65 1,114,568.80 1,148,367.82 3,869,435.27 58,809.21

Holding Book Value Market Value Additions/ Cost/ Book Holding Book Value Market Value Additions/ Cost/ Book Cost Unrealised Market Value
@ 05.04.2020 805.04.2020 @ 05.04.2020 Disposals Date Proceeds Gain/(Loss) @ 05.04.2021 Gain/fLoss) @ 05.04.2021 Dividends
Brought Forward 1,057,456.40 2,791,201.38 (89,503.58) 19,369.65 1,114,568.80 1,148,367.82 3,869,435.27 58,809.21
Jpmorgan American Inv Tmst
Ordinary GBP0.05 30,000.00 37,486.27 108,600.00 37,486.27 73,500.00 182,100.00 1,950.00
Mastercard Inc
Common USD0.0001 Class'a' 250.00 38,581.28 48,338.02 38,581.28 18,226.54 66,564.56 278.10
Mercantile Investment Tst Pic
Ordinary GBP0.25 200,000.00 59,412.17 320,400.00 59,412.17 191,600.00 512,000.00 13,200.00
Microsoft Corp Comm
USD0.00000625 500.00 43,874.77 62,712.97 43,874.77 27,291.01 90,003.98 748.55
Montanaro E'pean Smaller Co
GBP Instl Dist 8,000.00 27,704.00 37,792.00 27,704.00 20,512.00 58,304.00
Murray Income Trust
Ordinary GBP0.25 Addition 19/11/20 8,811.74 8,811.74 2,310.83 11,122.57
Murry International Trust Pic
Ordinary GBP0.25 8,800.00 56,607.27 74,184.00 56,607.27 31,064.00 105,248.00 4,708.00
National Grid
Ordinary GBP0.12431289 3,666.00 35,592.29 30,860.39 35,592.29 795.52 31,655.91 1,796.34
Carried Forward 1,356,714.45 3,474,088.76 (80,691.84) 19,369.65 1,422,638.59 1,513,667.72 4,926,434.29 81,490.20

Holding Book Value Market Value Additions/ Holding Book Value Market Value Additions/ Cost/ Book Cost Unrealised Market Valua Cost/ Book Cost Unrealised Market Valua
@ 05.04.2020 @ 05.04.2020 ® 05.04.2020 Disposals Date Proceeds Gain/fLoss) 805.04.2021 Gain/fLoss) @ 05.04.2021 Dividends
Brought Forward 1,356,714.45 3,474,088.76 (80,691.84) 19,369.65 1,422,638.59 1,513,667.72 4,926,434.29 81,490.20
Novartis AG
CHF0.50 REGD 1,250.00 26,536.52 85,177.96 26,536.52 (7,294.08) 77,883.88 1,887.23
Perpetual Inc & Grth
Ordinary GBPO. 10 9,300.00 18,244.77 18,135.00 Disposal 25/11/20 (20,760.48) 2,625.48 1,971.60
Personal Assets Tr
OrdinaryGBP12.SO 75.00 18,154.89 30,750.00 18,154.89 3,187.50 33,937.50 420.00
Pinebridge Global Funds
India Equity R $ 4,000.00 52,706.93 43,309.04 52,706.93 24,318.23 67,627.27
Ping An Insurance (Group) Co
China 'H' CNY1 Addition 03/08/20 40,299.25 40,299.25 3,242.69 43,541.94 402.72
Prudential Pic
Ordinary GBP0.05 9,203.00 36,960.51 84,686.01 36,960.51 58,098.54 142,784.55 2,301.68
Reckitt Benckiser Group Pic
Ordinary GBP0.10 36,738.00 34,116.47 2,296,859.76 34,116.47 90,008.10 2,386,867.86 64,144.55
Rexl Pic
GBP0.1444 6,500.00 48,678.43 109,622.50 48,678.43 9,652.50 119,275.00 2,970.50
Carried Forward 1,592,112.97 6,142,629.03 (61,153.07) 21,995.13 1,680,091.59 1,694,881.20 7,798,352.29 155,588.48

Holding Book Value Market Value Additions/ CosU Book Cost Unrealised Market Value
@ 05.04.2020 @ 05.04.2020 @ 05.04.2020 Disposals Date Proceeds Gain/(Loss) @ 05.04.2021 Gain/(Loss) @ 05.04.2021 Dividends
Brought Forward 1,592,112.97 6,142,629.03 (61,153.07) 21,995.13 1,680,091.59 1,694,881.20 7,798,352.29 155,588.48
RIT Capital Partners
Ordinary GBP1.00 4,500.00 48,696.21 70,830.00 48,696.21 36,945.00 107,775.00 1,575.00
Roche Holdings AG
Genusscheine NPV 400.00 26,684.86 107,727.61 26,684.86 (13,915.71) 93,811.90 1,837.27
Royal Dutch Shell
b'shs EUR0.07 5,775.00 23,500.80 81,912.60 23,500.80 (4,793.25) 77,119.35 2,841.88
Scottish and Southern Energy
GBP0.50 2,300.00 26,778.11 24,679.00 26,778.11 8,832.00 33,511.00 1,849.20
Scottish Mortgage Inv Trust
Ordinary GBP0.05 40,000.00 43,721.05 215,400.00 43,721.05 250,200.00 465,600.00 1,324.00
SLW Balanced Bridge
Z Net Inc Nav 82,821.00 32,920.35 49,171.11 32,920.35 9,607.29 58,778.40 1,154.94
SLWOSF Global Fixed Int 320,333.00 141,773.19 137,294.87 141,773.19 16,977.66 154,272.53 6,517.68
Smith (David S) (Hldgs) Pic
Ordinary GBP0.10 12,000.00 38,371.00 30,564.00 38,371.00 19,068.00 49,632.00
Carried Forward 1,974,558.54 6,860,208.22 (61,153.07) 21,995.13 2,062,537.16 2,017,802.19 8,838,852.47 172,688.45

Holding Book Value Market Value Additions/ CosU Book Cost Unrealised Market Value
@ 05.04.2020 @ 05.04.2020 @ 05.04.2020 Disposals Date Proceeds Gain/fLoss) ® 05.04.2021 Gain/fLoss) @ 05.04.2021 Dividends
Brought Forward 1,974,558.54 6,860,208.22 (61,153.07) 21,995.13 2,062,537.16 2,017,802.19 8,838,852.47 172,688.45
Standard Life Wealth Limited
UK Equity Retail Z GBP Inc 98,103.33 54,092.81 49,561.80 54,092.81 2,835.19 52,396.99 1,571.42
Taiwan Semiconduct
Ads Rep 5 Ordinary TWD10 2,600.00 23,546.71 99,765.22 23,546.71 134,193.43 233,958.65 2,745.25
Total Sa
EUR2.5 650.00 21,775.51 19,207.80 21,775.51 2,452.87 21,660.67 1,117.76
Tritax Big Box Reit Pic
Ordinary GBP0.01
37,247.00 47,689.90 39,481.82 47,689.90 27,935.25 67,417.07 1,396.77
Verizon Communications Inc
Common Stock US$0.10 700.00 28,306.79 31,222.39 28,306.79 (1,439.62) 29,782.77 1,180.09
Visa Inc
Corn Stk USD0.0001 W 350.00 43,582.44 43,329.87 43,582.44 12,106.41 55,436.28 301.63
2,193,552.70 7,142,777.12 (61,153.07) 21,995.13 2,281,531.32 2,195,885.72 9,299,504.90 181,001.37

11 Financial instruments 2021 2020
£ £
Carrying amount of financial assets
Instruments measured at fair value through profit or loss 9,299,505 7,142,777
12 Debtors
2021 2020
Amounts falling due within one year: £ £
Other debtors 454
13 Creditors: amounts falling due within one year
2021 2020
£ £
Donations payable 42,500 41,000
Accountancy fee 7,800 7,800
Independent examiners fees 1,200 1,200
Secretarial salary 1,209
51,500 51,209
Unrestricted Endowment Unrestricted Endowment Total Unrestricted Endowment Total Unrestricted Endowment Total
funds funds funds funds
2021
£
2021
£
2021
£
2020 2020
£
£
2020£
Fund balances at 5
April 2021 are
represented by:
Investments 9,420,733 9,420,733 7,253,816 7,253,816
Current assets/
(liabilities) 60,304 (7,974) 52,330 48,583 (8,052) 40,531
60,304 9,412,759 9,473,063 48,583 7,245,764 7,294,347

£ 2021£ £ 2020
£
Investment income
Interest received 136 305
Income from listed investments 181,001 201,643
181,137 201,948
Total incoming resources 181,137 201,948
Resources expended
Costs of generating funds
Investment management costs
Investment management costs (50,886) (49,588)
Charitable activities
Secretarial salary 4,836 4,836
Annual donations 79,550 79,525
Extra Donations 1,000 186
New appeals 20,400 27,100
Long term donations 53,750 56,500
Accountancy fees 7,800 6,600
Independent examinations fees 1,200 1,200
Sundry expenses 802 176
LEI fees 78 78
(169,416) (176,201)
Net movement on investments
Revaluation of investments 2,195,886 (884,616)
Gain or loss on sale of investments 21,995 15,326
2,217,881 (869,290)
Surplus/(Deficit) for the Year 2,178,716 (893,131)