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2022-01-31-accounts

Page
Legalandadministrativeinformation
Trusteesreport 2-4
Independentexaminer'sreport 5
Statementoffinancialactivities
Statementoffinancialposition
Statementofcashflows F1
Notestotheaccounts 9-14
Investmentschedule 15-25

2022 2021
Notes £ £
Income
Investmentincome 3 50,689 38,634
Otherincome 4 - 80
Totalincome 50,689 38,714
Expenditure
Charitableactivities 5 84,157 80,061
Totalresourcesexpended 84,157 80,061
Net(expenditure)beforeinvestmentgains (33,468) (41,347)
Netgainsoninvestments 9 124,155 52,250
Netmovementinfunds 90,687 10,903
FundbalancesatIFebruary2021 2,179,400 2,168,497
Fundbalancesat31January2022 2,270,087 2,179,400

2022 2022 2021
Notes £ £ £ £
Fixedassets
Investments 10 2,235,715 2,133,618
Currentassets
Debtors 11 423 224
Cashatbankandinhand 46,747 56,718
47,170 56,942
Creditors:amountsfallingduewithin 12
oneyear (12,798) (11,160)
Netcurrentassets 34,372 45,782
Totalassetslesscurrentliabilities 2,270,087 2,179,400
Incomefunds
Unrestrictedfunds 2,270,087 2,179,400

2022 2021
Notes £ £ £ £
Cashflowsfromoperatingactivities
Cashabsorbedbyoperations 14 (82,519) (70,461)
Investingactivities
Purchaseofinvestments (296,035) (470,305)
Proceedsondisposalofotherinvestments 366,015 452,364
Dividendsandinterestreceivedfrominvestments 50,490 42,478
Netcashgeneratedfrominvesting
activities 120,470 24,537
Netincrease/(decrease)incashandcash
equivalents 37,951 (45,924)
Cashandcashequivalentsatbeginningofyear 128,566 174,490
Cashandcashequivalentsatendof 15
year 166,517 128,566

2022 2021
£ £
Incomefromlistedinvestments 36,051 26,514
Foreignincome 12,083 9,638
Fixedinterest 1,616 6,246
REITS 973 -
Accruedinterest (34) (2,013)
Writeofftaxrecoverable - (1,751)
50,689 38,634
Otherincome
2022 2021
£ £
Bankinterest - 80

2022 2021
£ £
Grantfundingofactivities(seenote6) 59,200 56,450
Shareofsupportcosts(seenote7) 13,719 12,156
Shareofgovernancecosts(seenote7) 11,238 11,455
84,157 80,061
Grantspayable
2022 2021
£ £
Animal 2,500 2,500
Cancer&Hospices 15,000 11,500
Military&Disabled 3,000 6,000
Religious&Community 15,200 10,700
Health&Disability 21,500 23,750
Other 2,000 2,000
59,200 56,450

Supportcosts
Support Governance 2022 2021 Basisof
costs
costs
allocation
£
£
£ £
Investmentmanagementfees 13,719
-
13,719 12,156
Managementandadministrationfees -
9,600
9,600 9,600 Governance
Independentexaminer'sfee -
1,638
1,638 1,560 Governance
Trustees'meetingexpenses -
-
- 295 Governance
13719
11238
24957 23.611

2022 2021
£ £
Unrealisedgains 122,029 98,881
Gain/(loss)onsaleofinvestments 2,126 (46,631)
124,155 52,250
Fixedassetinvestments
Listed Cashin Total
investments portfolio
£ £ £
Costorvaluation
At31January2021 2,061,770 71,848 2,133,618
Additions 296,035 - 296,035
Unrealisedgain 122,029 - 122,029
Realisedgain 2,126 - 2,126
Cashinvested - 47,922 47,922
Disposals (366,015) - (366,015)
At31January2022 2,115,945 119,770 2,235,715

Investment Units MarketValue
%ofTotal
Market
£ Value
IsharesS&P500Nay 3,500 115,201 5.44%
2022 2021
£ £
Listed investments 2,115,945 2,061,770
Cashininvestmentportfolio 119,770 71,848
L,LiD,/15 L,I:i:i,bIb
Historiccostofinvestments 1,453,546 1,420,614

11 Debtors:amountsfallingduewithinoneyear
2022 2021
£ £
Dividendsdue 369 -
Prepaymentsandaccruedincome 54 224
423 224
12 Creditors:amountsfallingduewithinoneyear
2022 2021
£ £
Managementandadministrationfee 9,600 9,600
Independentexaminer'sfee 3,198 1,560
12,798 11,160

Cashgeneratedfromoperations
2022 2021
£ £
Surplusfortheyear 90,687 10,903
Adjustmentsfor:
Investmentincomerecognisedinprofitorloss (50,689) (40,465)
(Gain)/lossondisposalofinvestments (2,126) 46,631
Unrealised(gain) (122,029) (98,881)
Movementsinworkingcapital:
(Increase)/decreaseindebtors - 1,751
Increaseincreditors 1,638 9,600
Cashabsorbedbyoperations (82,519) (70,461)

Cashandcashequivalents
2022 2021
£ £
Cashatbankandinhand 46,747 56,718
Cashinvested 119,770 71,848
166,517 128,566
Donationsmadeduringtheyear
2022 2021
£ £
AllSaint'sChurch,Fulham 2,000 2,000
BLESMA,TheLimblessVeterans - 3,000
CombatStress 1,000 1,000
Crohn'sinChildhoodResearchAssociation 1,000 750
Crosslight 500 500
DionisChurch 2,000 -
DorothyHouseHospice 500 500
GlassDoor 1,000 1,000
GrowforLife 1,000 1,000
FriendsoftheElderly 3,000 3,000
HalowProject 500 500
Helen&DouglasHouse 1,000 1,000
Hilda'sHouse 3,000 -
HookChurch 1,000 1,000
HuntStaffBenefitSociety 2,000 1,000
Jamie'sFarm 1,000 1,000
MacmillanCancerSupport 1,500 1,500
MotorNeuroneDiseaseAssociation 10,000 10,000
PCCofKingstonLisle 1,000 1,000
PDSA 1,000 1,000
QueenElizabethFoundation 1,000 1,000
QueenMother'sClothingGuild 1,000 1,000
RainbowTrust 1,000 1,000
RoyalMarsdenCancerCharity—TheOakCentre 5,000 1,500
SHOUT 2,000 2,000
StAndrew'sChurchNorthKilworth 1,200 1,200
StMichael'sHospice 2,000 2,000
StRichard'sHospice 2,000 2,000
SurvivorsTrust 1,000 2,000
TheCureParkinson'sTrust 5,000 5,000
TheIrishDraughtHorseSociety 1,500 1,500
TheMacularSociety 2,500 5,000
TheMannaSociety - 500
59,200 56,450

Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1February 1February Quantity Cost Quantity Proceeds Profit/(Ioss) Profitl(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
AberforthSmallerCompaniesTrust
Ordinary1p
2,900 34,510 664
7,192 2,900 41,702 318
ArtemisFundManagers
CorporateBondFGBPDis
28,000 31,069 184
208
212
(1,327) 28,000 29,742 197
AssociatedBritishFoods
Ordinary515/22p
1,500 31,755 93
207
(2,640) 1,500 29,115 308
AstraZeneca
OrdinaryUS$0.25Stock
490 35,551 6,672 490 42,223 318
BaringsUmbrellaFdPlc
EmgMktsDebtBidTotRtnTrAGBPDis
480
54,523
681
730
755
(7,334) 480
47,189
751

Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1February 1February Quantity Cost Quantity Proceeds Profit/(loss) Profitf(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
BHGlobalLtd
NPVSterlingshares
2,152 41,534 2,152 23,789 (17,745)
5 5
BHMacroLtd
NPVOrdinaryShares
1,246 23,789 23,808 1,246 47,597
BHPGroupPlc
OrdinaryUSD0.50
1,100 22,127 803
4,081 1,100 26,208 1,588
BlackrockFundManagers
ContinentalEuropeanIncomeDUnits
18,000 34,436 (2,180) 18,000 32,256 66
Bunzlplc
Ordinary321/7pshares
1,500 35,250 575
6,255 1,500 41,505 243
CGPortfolioFund
RealReturn'A'
315 64,477 656 315 65,133 946

Holding Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1 February 1February Quantity Cost Quantity Proceeds Profit/(Ioss) Profitf(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
CGPortfolioFundPic
AbsoluteReturnMGBP
240 31,606 250 34,260 747
(164) 2,589 490 68,291
CouplandCardiffFunds
JapanAlphaTGBPAcc
2,500 34,050 2,100 30,163 (18,889) 4,600 45,324
CrodaInternational
OrdinaryGBP0.10609756
410 25,773 211
6,912 410 32,685 178
Diageo
Ordinary28.935185p
1,350 39,812 377
10,449 1,350 50,261 602
ETFSHedgedMetalSecLtd
DailyHgdPhysicalGold(GBP)
10,000 101,500 2,300 22,134 (1,211) (3,426) 7,700 74,729
FilInvestmentServices(Uk)limited
InstitutionalEmergingMarketsWAccNay
23,000 50,324 269 23,000 40,240 (10,353) 269
FilInvestmentServices(Uk)limited
EmergingMarketsRGBPAcc
34,691 40,240 6,870 34,691 47,110

Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1February 1February Quantity Cost Quantity Proceeds Profitt(loss) Profit/(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
FindlayParkFundsPLC
AmericanGBPHedgeddis
1,100
87,318
11,517 1,100 98,835
FranklinTempletonFundsIi
FtfClearbridgeUSEquityIncomeXInc
ChangedfromLeggMasonGlobalAsset ManagementUS EquityIncomeIIncon09/08/2021
23,000
59,731
273
303
281
14,214 23,000 73,945 302
HiclInfrastructurePic
OrdinaryGBP0.0001
9,766
17,071
169
32
4
198
103
99
119
(39) 9,766 17,032 82
HighbridgeMulti-Strategy
CashExitEntitlement
21,422
3,620
600 600 (599) 21,422 3,021

Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1February 1February Quantity Cost Quantity Proceeds Profit/(loss) Profit/(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
ImpaxEnvironmentalMarkets
Ordinary10p
16,000 73,680 160
208
(1,360) 16,000 72,320 240
IntertekTesting
OrdinaryGBP0.01
900 49,662 644
(1,566) 900 48,096 308
(shares
(sharesS&P500Nay(GBP)
4,300
116,713
800 26,217 4,503 376
377
317
20,202 3,500 115,201 320
JacksonFinancialInc
USD0.01ClsACommonStockWI
43 855 43 827 (14)
(14)
JpmorganFundsLtd
USEquityIncKGBPNetIncUnhdg
40,469 48,360 8,531 12,040 263
255
287
12,120 49,000 72,520 263

Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1February 1February Quantity Cost Quantity Proceeds Profiti(loss) Profit/(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
JupiterUnitTrustManagers
JapanIncomeZGBPDis
41,000 45,268 37,000 41,678 33,000 40,600 3,815 499
(232) 773
(199) 598 45,000 50,328
Legal&GeneralGroup
Ordinary2.5p
10,000 24,400 1,264
4,340 10,000 28,740 518
LinkFundSolutionsLtd
CfRufferTotalReturnIInc
12,000 41,683 136
3,546 12,000 45,229 391
LloydsBankingGroup
Ordinary10p
89,000 29,370 21,000 9,997 507
16,788 110,000 56,155 737
M&GSecuritiesLimited
GlobalMacroBondJGBPDisUnhedged
27,000 29,662 27,000 30,834 1,172 W2
M&gSecuritiesLtd
GlobalMacroBondPpGBPDis
30,065 30,834 30,065 28,457 (2,377) 86

Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1February 1February Quantity Cost Quantity Proceeds Profitf(loss) Profit/(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
MarlboroughFdMgrsEuroMultiCapPInc
Units
2,700 22,862 (1,809) 2,700 21,053
MarlboroughFundManagers
EuropeanTrustPIncNay
69
MercantileInvestment1stPlc(The)
OrdinaryGBP0.025
23,000 53,130 311
610
311
2,990 23,000 56,120 311
NationalGrid
OrdinaryGBP0.12431289
3,000 25,500 965
6,888 3,000 32,388 516
Persimmon
Ordinary10p
940 27,055 (4,551) 940 22,504
PolarCapitalFund
GlobalTechnologyFundI(GBP)
1,600
105,904
400 27,380 904
200 13,140 (98)
180 12,629 715 (3,994) 820 50,282

Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1February 1February Quantity Cost Quantity Proceeds Profiti(loss) Profiti(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
PolarCapitalFunds
HealthcareOppsISterlingShareIncNay
800 38,232 (1,856) 800 36,376
Prudential
Ordinary5p
1,750 20,519 135
855
1,102 1,750 21,621 68
RelxPlc
GBP0.1444
1,500 27,188 501
6,862 1,500 34,050 215
RenewablesInfrastructureGRP
NPVOrdinaryshares
27,777 35,277 7,777 10,269 392 469
469
469
1,280 20,000 26,680 338
RentokilInitial
Ordinary1p
8,100 40,306 438
1,668 8,100 41,974 169

Holding Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1 February 1February Quantity Cost Quantity Proceeds Profit/(loss) Profit/(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
RioTinto
Ordinary10p(Registered)
533 29,789 1,183
356
1,444
(2,153) 533 27,636 710
RocheHoldingsAg
GenusscheineNoParValue
180 45,485 5,946 180 51,431 814
RoyalDutchShell
'B'SharesEUR0.07
3,310 42,110 3,310 49,578 7,468 396
SageGroup
Ordinary1.051948p
679
SchroderOrientalIncomeFund
OrdGBP0.01
17,500
46,550
333
333
333
525 17,500
47,075
840
SchroderUnitTrusts
AsianIncomeLInc
38,000
29,165
426
308 38,000
29,473
542

Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1 February 1February Quantity Cost Quantity Proceeds Profiti(loss) Profitl(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
Smith&Nephew
OrdinaryUS$0.20
2,000 30,830 332
(5,760) 2,000 25,070 210
Tesco
Ordinary5p
11,000 26,334 11,000 25,372 (962) 5,602
Tescoplc
6.333333pOrdinaryShares
8,684 25,372 8,684 22,226 (3,146) 517
ThesisUnitTrustManagementLtd
TmCruxEuropeanSpecialSitsIGBPDis
22,250 51,139 (25) 22,250 59,403 8,289 200
Treasury
21/2%I/IStk2024
13,000 46,311 488
1,522 13,000 47,833 502
TreasuryIndexlinked
0.125%stock22/03/29
26,000 40,899 20
2,079 26,000 42,978 21
TreasuryStock
1.875%Indexlinked22/11/2022
26,000 28,553 26,000 40,648 12,095

Holding MarketValue Additions Disposals Disposals Realised Unrealised Holding MarketValue NetIncome
1February 1February Quantity Cost Quantity Proceeds Profitl(loss) Profit/(loss) 31January 31January
2021 2021 2022 2022
£ £ £ £ £ £ £ £
TwentyfourGlobalInvestmentFunds
CorporateBondIGBPDis
300 31,818 228
213
224
(1,896) 300 29,922 224
Unilever
Ordinary31/9p
1,000 42,400 376
371
369
(4,525) 1,000 37,875 360
VodafoneGroup
OrdinaryUS$0.2095238
10,909 13,619 10,909 11,902 (1,717) 434
418
VonoviaSe
NPVshares
550 26,763 192 6,604 (2,256) 742
31,111
795
TOTAL: 2,061,770 416,270 486,250 2,125 122,029