## ## ## |Charity Information|||| |---|---|---|---| |Trustees Annual
Report|||2-4| |Independent
Examiners'|Report||| |Statement ofFinancial Activities|||6-7| |Balance Sheet|||| |Notes to the Accounts|||9-15| |The follosving
pages do not form part ofthe statutory||accounts|| |Detailed Statement ofFinancial Activities|||17-18| |Detailed Balance Sheet|||19-20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||nd
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lA|| |OO||||CI| ||||OO|| |CG||||c| |«D||||| |||||GO| ## ## ||Note|Note||2020|2020|2019|2019| |---|---|---|---|---|---|---|---| ||||||||K| |Fixed Assets|||||||| |Investments|||||1,712,540.00||1,729,208.85| |Current
Assets|||||||| |Debtors
Cash at bank and in hand|10||10,031.25
256,397.56|||16,875.00
126,698,53|| |Total current assets|||266,428.81|||143,573.53|| |Liabilities|||||||| |Creditors:
amounts
falling due
within one year|11||23,778.50|||23,040.64|| |Net Current Assets|||242,650.31|||120,532.89|| |Total Assets Less Current Liabilities|||||1,955,190.31||1,849,741.74| |FUNDS OFTHE CHARITY|||||||| |Unrestricted
funds||12|||1,862,730.09||1,753,481.52| |Restricted funds —Bursary Scheme||12|||6,960.22||6,760.22| |Restricted funds—
Jean Wilkinson
donation||12|||85,500.00||89,500.00| |Total Charity Funds|||||1,955,190.31||1,849,741.74| |Approved
by the Board ofTrustees on|||&4k I.n
.t.l.. ...5'..~....2021 and signed|||on its behalf|by:| ## ## ## ## ## ## ## ## ## ## ||||||2020|2019| |---|---|---|---|---|---|---| |DONATIONS||AND||LEGACIES||| |Donations|||||16,689.90|26,860.62| |Donations|towards||bursaries||200.00|4,000.00| |Legacies|||||120,209.27|10,000.00| |Income Tax repayable||||on donations|156.25|| ||||||137,255.42|40,860.62| ## |INCOME FROM INVESTMENTS|||| |---|---|---|---| |Dividends
- Unit Trusts||42,421.92|51,185.67| |Interest - Unit Trusts and Government|Stocks|175.00|35.63| |Interest on cash deposits||43.19|93.98| |||42,640.11|51,315.28| ## ## ## ## ## |NOT|ES TO THE AC|COUNTS - continued||| |---|---|---|---|---| ||||2020|2019| |6.|CHARITABLE|ACTIVITIES||| ||Allowances||4,000.00|4,000.00| ||Grants||53,339.00|48,210,55| ||Bursaries|||2,646.00| ||||57,339.00|54,856.55| |GOVERNANCE|GOVERNANCE|AND|SUPPORT COSTS||| |---|---|---|---|---|---| |Use ofoffice||||23,738.00|22,968.00| |Investment
Management|||fee|7,996.58|8,306.72| |Independent|Examiners'||fee|3,000.00|3,000.00| |Legal fees||||739.80|| |Bank charges||||131.55|170.95| |Staff leaving|gift|||500.00|| |||||36,105.93|34,445.67| ## ## ## ## |9.
INVESTMENTS|||||||| |---|---|---|---|---|---|---|---| |||||||Market value|Market value| |||||||31December|31 December| ||||Nominal||Cost|2020|2019| |||||||f.|| |Held throughout
the year|||||||| |Cazenove Equity Income Trust|||||||| |for Charities|||450,000||143,333.71|202,275|242,145| |Majedie UK Equity Fund|||60,000||78,855.49|84,378|92,760| |Findlay Park Inc||||405|22,113.11|47,150|41,972| |Vanguard
S&P500ETF||||820|22,300.98|42,429|37,783| |RWC Global EM Markets||||200|19,932.60|23,753|18,188| |M&G GI Dividend|||57,977||39,522.18|64,255|60,368| |Fidelity Global Dividend|||22,000||29,854.00|45,012|43,912| |Schroder UK Corporate Bond|||172,000||85,019.60|111,542|101,067| |Charity Bond Fund|||54,568||31,967.21|39,316|37,226| |Schroder Strategic Credit Fund||||490|50,825.80|47,664|47,748| |Capita Trojan Fund|||50,000||93,378.00|142,985|133,545| |Charities Property
Fund|||83,000||83,898.04|102,879|106,721| |Property
Income Trust for|Charities||60,549||49,666.11|48,760|53,737| |Schroder Charity Equity Value||Fund|120,000||79,548.00|62,064|73,740| |Black Rock Asian Dragon|Fund|||1,000|33,054.00|39,130|33,480| |Schroder SSFDiversified|Alternative||Assets|600|60,503.00|61,692|63,702| |Trojan Income Fund|||50,000||97,470.00|89,940|102,630| |iShares Physical Metals PLC||||1,075|25,570.91|28,928|24,274| |Wellington
Global Healthcare||||3,411|34,371.34|45,236|37,351| |Blackrock European Dynamic||Fund||11,000|19,751.75|26,895|20,097| |Vanguard
Japan Stock Index Fund||||140|22,082.50|24,065|22,089| ||||||1,123,018.33|1,380,348|1,394,535| |Purchased
during the year and held at year end|||||||| |T.Rowe GI Technology
Equity Fd||||3,007|35,380.00|61,199|| |Polar Capital European ex|UK|Income Fund||2,000|14,520.00|16,860|| |1.25'zo UK Treasury Stock|||28,000||31,099.88|31,097|| |iShares Physical Metals PLC||||1,150|32,074.03|30,947|| |Atlas Global Infrastructure|Fund|||200|22,864.87|24,525|| |iShares USD Treaury Bond||||4,200|24,200.82|23,432|| |CG Absolute
Return Fund||||600|77,202.00|79,110|| |MU Lyxor Core US TIPS||||200|22.239.72|22,570|| |iShares China CNY Bond||||4.200|17,045.33|16,425|| |Polar Global Insurance
Fund||||4.700|24,996.01|26,027|| ||||||301,622.66|332,192|| ||||||1,424,640.99|1,712,540|1,394,535| ## ## ## ||||||Nominal||Cost|P|d|~Gi&L| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||f.|f.| |Majedie UK Equity Fund||||36,000|||47,313.24|45,477.00||(1,836.24)| |Schroder Euro Alpha Inc||||25,000|||14,498.10|10,620.50||(3,877.60)| |0.125UK Treasury Stock 22/3/24||||24,100|||27,710.80|32,117.71||4,406.91| |CG Portfolio Dollar Fund|||||235||23,525.60|25,173.20||1,647.60| |BMO Pyrford Global Total Reurn|||||12,000|118,763.31||116,360.00||(2,403.31)| |Janus Henderson
UK Absolute|Return Fund||||12,000||68,247.60|72,442.70||4,195.10| |Schroder UK Corporate Bond||||28,000|||13,840.49|17,110.80||3,270.31| |||||||313,899.14||319,301.91||5,402.77| |~S||||||||||| |Fixed Asset Investments|Summar|||||||||| |uoted Investments||||||||||| ||||||||2020|||2019| |Market Value at I January||2020|||||1,729,208.84||1,581,639.09|| |Additions
and conversions||during|the|year|||301,622.66|||276,644.17| |Accumulated
income||||||||||| |Disposals
and Capital distributions|||during
the year||||(334,673.84)||(256,835.61)|| |Equalisation
relating to|units purchased||||in prior years||(1,837.57)|||(147.52)| |Rebate relating to stock|purchased||prior years|||||||| ||||||||1,694,320.09||1,601,300.13|| |Net unrealised
investment||gain/(loss)|||||18,219.91|||127,908.71| |Market Value at 31 December 2020|||||||1,712,540.00||1,729,208.84|| ## |YEAR ENDED 31DECEMBE|YEAR ENDED 31DECEMBE|YEAR ENDED 31DECEMBE|R 2020|||| |---|---|---|---|---|---|---| |NOTES TO THE ACCOUNTS|||- continued|||| ||||||2020|2019| |10.|DEBTORS|||||| ||HSBSoffice facilities paid in advance||||10,000.00|15,000.00| ||Income tax reclaim||||31.25|| ||Accrued donation
income|||||1,875.00| ||||||10,031.25|16,875.00| |11.|CREDITORS: amounts|falling due within||one year||| ||Investment
Management||fees||2,040.50|2,072.64| ||Independent
Examiners'||fee||3,000.00|3,000.00| ||HSBSoffice facilities||||18,738.00|17,968.00| ||Deferred income|||||| ||||||23,778.50|23,040.64| ||||||Restricted|funds| |12.|FUNDS|||Unrestricted|Bursary|Jean Wilkinson| |||||Funds|Scheme|Donation| |||||f.||| ||Balance at I January 2020|||1,753,481.52|6,760.22|89,500.00| ||Incoming
resources|||195,845.53|200.00|| ||Resources expended|||(89,444.93)||(4,000.00)| ||Other recognised
gains/(losses)|||2,847.97||| ||Transfers between funds|||||| ||Balance at 31 December||2020|1,862,730.09|6,960.22|84,500.00| ## ||||||IO
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