## ## ## ## |TRUSTEES|||APPOINTED| |---|---|---|---| ||H L Gray-Cheape|Esq JP DL|1986| ||J Rigg Esq
Mrs J Bird||1994
1997| ||C P Stratton Esq|FRICS MRTPI|2002| ||D J Barnes Esq FCA||2009| ||J G Chambers
Esq||2013| ||C E A Haselwood|Esq FAAV|2015| ||R Treverton-Jones|Esq|2018| ||The Hon. C A Leigh||2019| ||M Throckmorton|Esq|2022| |CLERK TO THE TRUSTEES|||| ||Nicholas
Barlow BSc(Hons) FRICS FAAV||| ||Meriden||| |CHARITY NUMBER|244804||| |SOLICITORS|||| ||Lodders Solicitors LLP||| ||Stratford
upon Avon||| |INVESTMENT MANAGERS|||| ||EFG Harris Allday||| ||Ombersley||| |BANKERS|||| ||Lloyds Bank pic.||| ||Stratford
upon Avon||| |ACCOUNTANTS|||| ||H. L. Barnes||| ||Stratford
upon Avon||| |REGISTERED ADDRESS|Packington
Hall||| ||Packington
Park||| ||Meriden||| ||CV7 7HF||| ## ## ## ## ## ## ## ## ## |Vicar of Bidford-on-Avon|9/102| |---|---| |Vicar ofBlakesley|9/102| |Poor of Bidford-on-Avon|12/102| |Poor of Blakesley|8/102| |Poor of Kenilworth|12/102| |Poor of Leek Wootton|6/102| |Trustees of Leigh Almshouses|24/102| |Litchborough
Charities|8/102| |Poor of Patishall|8/102| |Stoneleigh
United Charities|6/102| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Notes|Endowment|Unrestricted|Designated|Total|Total| |---|---|---|---|---|---|---|---|---| |||||Fund|Funds|Fund|2022|2021| |Income||||||||| |Investment
income|||||205,669|8,957|214,626|189,526| |Total income|||||205,669|8,957|214,626|189,526| |Expenditure||||||||| |Charitable
expenditure:||||||||| |Grants payable|||||115,295||115,295|102,980| |Costs ofgenerating||funds:||||||| |Property costs|||||43,263||43,263|37,825| |Total expenditure|||||158,558||158,558|140,805| |Net income before||gains on||||||| |investments|||||47,111|8,957|56,068|48,721| |Gains on investment||property|6|127,750|||127,750|| |Gains/(losses)
on|investments||7|(24,822)|(245,926)|(33,396)|(304,144)|278,052| |Net income/(expenditure)||||102,928|(198,815)|(24,439)|(120,326)|326,773| |Transfer between|funds||||(5,208)|5,208||| |Net movement
in|funds|||102,928|(204,023)|(19,231)|(120,326)|326,773| |Reconciliation
of|funds|||||||| |Total funds brought||forward||3,581,599|2,189,668|300,293|6,071,560|5,744,787| |Total funds carried||forward|12|E3,684,527|E 1,985,645|E281,062|E 5,951,234|E6,071,560| ## ## |||||Notes|2022|2021| |---|---|---|---|---|---|---| ||||||E|| |Fixed assets||||||| |Investment
properties|||||3,805,725|3,817,975| |Investments|||||1,857,890|2,138,237| |Total fixed assets|||||5,663,615|5,956,212| |Current assets||||||| |Debtors and prepayments|||||27,972|21,839| |Short term deposits|||||24,694|6,927| |Cash at bank|||||250,303|101,909| |Total current assets|||||302,969|130,675| |Liabilities: amounts|falling|due within one year||10|15,350|15,327| |Net current assets|||||287,619|115,348| |Net assets|||||E5,951,234|E6,071,560| |The funds ofthe charity||||||| |Endowment
funds||||||| |Permanent
endowment|||||3,684,527|3,581,599| |Unrestricted
income funds:||||||| |General
fund|||||1,985,645|2,189,668| |Designated
fund|||||281,062|300,293| |Total charity funds|||||E 5,951,234|E6,071,560| |Approved
by the Trustees||on 28 September|2022|||| |and signed
on their behalf||by:—||||| |H L GRAY-CHEAPE||||.. Trustee||| ## ## ## ## ## ## ## ## ## ## |2.
INVESTMENT INCOME||||| |---|---|---|---|---| |||2022||2021| |||E||E| |Dividends||80,037||61,432| |Rents||134,589||128,094| ||E|214,626|E|189,526| |3.|GRANTS PAYABLE|GRANTS PAYABLE||| |---|---|---|---|---| |Distributions|||112,200|100,335| |Support|and governance|costs|3,095|2,645| ||||F 115,295|F 102,980| |4.
PROPERTY COSTS|4.
PROPERTY COSTS|4.
PROPERTY COSTS||| |---|---|---|---|---| |Repairs and|maintenance||14,980|5,724| |Insurances|||5,687|6,190| |Management|fees||15,506|15,180| |Professional|fees||4,042|7,433| |Empty property costs
Support and governance||costs|(47)
3,095|654
2,644| ||||E43,263|E 37,825| |5.
SUPPORT AND GOVERNANCE|5.
SUPPORT AND GOVERNANCE|COSTS|||| |---|---|---|---|---|---| |Accountancy|||5,040||5,040| |Country
Landowners
Association|subscription||257||249| |Trustees'
meeting expenses|||893||| ||||E 6,190|f|5,289| ## ## ## ## |||Permanent|General|Total| |---|---|---|---|---| |||Endowment|Fund|| |||Fund||| |Valuation||||| |At 1 July|2021|3,340,750|477,225|3,817,975| |Disposal|in year|(12,250)||(12,250)| |Revaluations||||| |At 30 June 2022||3,328,500|477,225|3,805,725| ## ## |7.
INVESTMENTS|||||| |---|---|---|---|---|---| ||Permanent|Building|General|Total|Total| ||Endowment|Reserve|Fund|2022|2021| ||Fund|Fund|||| |Quoted
investments|||||| |Market value
1 July 2021
Additions|240,849|276,708
4,070|1,620,680
65,226|2,138,237
69,296|1,791,710
467,345| |Disposals
Net realised
investment|||(45,499)
(1,205)|(45,499)
(1,205)|(398,870)
28,949| |gains/(losses)
Net unrealised
investment|(24,822)|(33,396)|(244,721)|(302,939)|249,103| |gains/(losses)|||||| |Market value at 30June 2022|f216,027|E247,382|F 1,394,481|E 1,857,890|E2,138,237| |Historical cost 30 June 2022|E 153,812|F 243,693|E 1,150,360|E 1,547,865|E 1,522,382| ## ## ## |8.|DEBTORS||2022||2021| |---|---|---|---|---|---| ||||E||| |Prepayments|||1,735||1,561| |Other|debtors||26,237||20,278| |||f|27,972|F|21,839| ## |9.
SHORT TERM DEPO|SITS AND CASH A|T BANK|||| |---|---|---|---|---|---| ||Permanent|General|Building|Total|Total| ||Endowment|Fund|Reserve|2022|2021| ||Fund||Fund||| |Monies held by brokers||15,546|9,148|24,694|6,927| |Bank balances|140,000|110,303||250,303|101,909| ||2 140,000|2 125,849|F 9,148|E2?4,997|E 108,836| ## |10.
L|IAB|ILITIES:amo|unts
falling|due within one year||||| |---|---|---|---|---|---|---|---|---| |||||||2022||2021| |||||||||E| |Creditors|and|accruals||||15,350||15,327| ||||||F|15,350|F|15,327| ## ## ## ## |Current Year|Current Year||Balances at|Income|Expenditure||Transfers|Gains|Balances| |---|---|---|---|---|---|---|---|---|---| ||||30June|||||and|at 30June| ||||2021|||||losses|2022| |a)|Permanent||||||||| ||Endowment|Funds|3,581,599|||||102,928|3,684,527| |Unrestricted|||||||||| ||Income funds||||||||| |b)|General
fund||2,189,668|205,669|(158,558)||(5,208)|(245,926)|1,985,645| |c)|Designated|fund|300,293|8,957|||5,208|(33,396)|281,062| |TOTAL CHARITY||FUNDS|E6,071,560|E 214,626|F (158,558)|E||E(176,394)|F 5,951,234| |Previous Year|||Balances at|Income|Expenditure||Transfers|Gains|Balances at| ||||30June|||||and|30June| ||||2020|||||losses|2021| |a)|Permanent||||||||| ||Endowment|Funds|3,558,428|||||23,171|3,581,599| |Unrestricted|||||||||| |Income funds|||||||||| |b)|General
fund||1,951,942|180,846|(140,805)||(19,214)|216,899|2,189,668| |c)|Designated|fund|234,417|8,680|||19,214|37,982|300,293| |TOTAL CHARITY||FUNDS|F 5,744,787|F 189,526|f (140,805)|F|-|F278,052|F6,071,560| ## ## |||||2022|||2021|| |---|---|---|---|---|---|---|---|---| ||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total| ||||Funds|Fund|Funds|Funds|Fund|Funds| |Fund balances at 30June||||||||| |are represented||by:||||||| |Tangible|fixed assets||477,225|3,328,500|3,805,725|477,225|3,340,750|3,817,975| |Investments|||1,641,863|216,027|1,857,890|1,897,388|240,849|2,138,237| |Current|assets||162,969|140,000|302,969|130,675||130,675| |Current|liabilities||(15,350)||(15,350)|(15,327)||(15,327)| |Total net|assets||E 2,266,707|E3,684,527|E 5,951,234|E2,489,961|E3,581,599|E6,071,560| ## ## |GENERAL FUND||||||Holding at
30June
2021|Market value
at 30June
2021|Cost
in year|Sales
in year|Profit/(loss)
on sale|Holding at
30June
2022|Market value
at 30June
2022|Surplus/
(deficit) on
revaluation| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |National
Grid pic|||||||||||||| |0.12431289p Ordinary
shares||||||2,885shares|26,565||||2,885 shares|30,350|3,785| |Unilever
pic|||||||||||||| |3 1/9p Ordinary shares
Alliance Trust pic||||||1,040 shares|43,997||||1,040 shares|38,698|(5,299)| |2.5p Ordinary
shares
Astrazeneca
pic||||||6,210shares|61,665||||6,210shares|56,138|(5,527)| |USD 00.25 Ordinary
shares
Scottish Mortgage
Investment||Trust pic||||46 shares|3,994||||46 shares|4,968|974| |25p Ordinary
shares
Diageo||||||7,200 shares|95,832||||7,200 shares|51,509|(44,323)| |28.935p Ordinary
shares
Blackrock North American|Income Trust pic|||||1,585shares|54,857||||1,585shares|55,958|1,101| |1p Ordinary shares
Bankers Investment
Trust|pic|||||32,600 shares|60,147||||32,600shares|60,962|815| |25p Ordinary shares
Reckitt Benckiser Group pic||||||5,200 shares|59,280||||5,200 shares|51,428|(7,852)| |10p Ordinary shares
Sequoia Economic Infrastructure|||Income Fund|Ltd||670 shares|42,860||||670shares|41,339|(1,521)| |Ordinary
N.P.V. shares
Law Debenture
Corp pic||||||42,000shares|46,704||45,499|(1,205)|||| |Residential
Secure Income|pic|||||7,600shares|57,000||||7,600shares|57,760|760| |REIT
Rio Tinto||||||50,000shares|53,000||||50,000shares|50,250|(2,750)| |10p New Ordinary shares
Civitas Social Housing
pic||||||686shares|40,810||||686 shares|33,727|(7,083)| |REIT
JPM Global Emerging
Markets||Income Trust||||40,000shares|46,160||||40,000shares|31,440|(14,720)| |0.01p Ordinary shares
Pennon
Group pic||||||41,000shares|61,500||||41,000shares|51,045|(10,455)| |40.7p Ordinary
shares
Sevem Trent pic||||||3,510shares|39,856||||3,510shares|22,289|(17,567)| |0.9789p Ordinary
shares
Baillie Gifford UK Growth FD (Schroder UK Growth|||||fund)|1,945shares|48,644||||1,945shares|52,885|4,241| |25p Ordinary shares||||||26,000shares|61,100||||26,000shares|39,260|(21,840)| |Carried forward|||||||903,971||45,499|(1,205)||730,006|(127,261)| ## ## |GENERAL FUND||||Holding at
30June|Market value
at 30June|Cost
in year|Sales
in year|Profit/(loss)
on sale|Holding at
30June|Market value
at 30June|Surplus/
(deficit) on| |---|---|---|---|---|---|---|---|---|---|---|---| |||||2021|2021||||2022|2022|revaluation| |Brought forward|||||903,971||45,499|(1,205)||730,006|(127,261)| |Fidelity European
Values|||||||||||| |25p Ordinary shares
Bditish Empire Secs &Gen|Trust pic (Avi Global Trust|||19,000shares|57,665||||19,000shares|53,580|(4,085)| |pic)|||||||||||| |10p Ordinary
shares
Primaiy
Health Properties|pic|||6,500shares|62,985||||6,500shares|58,565|(4,420)| |12p Ordinary shares
HICL Infrastructure
Co||||21,110shares|32,488||||21,110shares|28,773|(3,715)| |1p Ordinary shares||||10,480 shares|17,376||||10,480 shares|18,047|671| |Bailie Gifford Corp Bond Inc B|||||||||||| |Bailie Gifford Eur Grw Trust (European||Investment|Trust|46,000shares|42,757||||46,000 shares|34,909|(7,848)| |PLC)|||||||||||| |Ishares Core GBP Corp BD UCITS EFT||||4,300shares|65,189||||4,300shares|34,142|(31,047)| |Octopus Renewables
Infra|Trust pic|||322 shares|49,527||||322 shares|41,264|(8,263)| |J P Morgan Asian
Inv Trust||||45,046 shares|47,118||||45,046 shares|48,650|1,532| |25p Ordinary
shares
J P Morgan GLBCore Assets Ltd||||8,969shares|45,652||||8,969shares|33,006|(12,646)| |Triple PT Energy EFF Infra||||59,000 shares|50,504||||59,000 shares|62,540|12,036| |25p Ordinary shares
Dunedin
Inc Grwth
Inv Tst||||34,478 shares|38,443||||34,478 shares|30,772|(7,671)| |25p Ordinary
shares||||13,045 shares|41,092||||13,045 shares|35,613|(5,479)| |Finsbury
Grwth and Inc Tst|||||||||||| |25p Ordinary
shares
JP Morgan China Grwth and Inc||||7,000 shares|62,300||||7,000shares|53,620|(8,680)| |25p Ordinary shares
Mercantile
Inv Tst PLC||||6,250 shares|45,563||||6,250 shares|27,000|(18,563)| |25p Ordinary shares
RM Infrastructure
Inc Pic||||22,500shares|58,050||||22,500 shares|40,230|(17,820)| |1p Ordinary
shares
Standard
Life Priv Eq Tst||||||45,985|||50,750shares|46,056|71| |||||||19,241|||3,800shares|17,708|(1,533)| ||||||E 1,620,680|665,226|645,499|E (1,205)||6 1,394,481|E (244,721)| ## |BUILDING RESERVE FUND|BUILDING RESERVE FUND||Holding at|Market value|Cost||Sales|Profit/(loss)|Holding at|Market value|Surplus/| |---|---|---|---|---|---|---|---|---|---|---|---| ||||30June|at 30June|in year||in year|on sale|30June|at 30June|(deficit) on| ||||2021|2021|||||2022|2022|revaluation| |Witan Investment
Trust|||||||||||| |Sp Ordinary
shares
HICL Infrastructure
Co|||5,800shares|14,007|||||5,800shares|11,948|(2,059)| |1p Ordinary
shares|||6,600shares|10,943|3,140||||8,400 shares|14,465|382| |Dunedin
Income Growth|Investment|Trust|||||||||| |25p Ordinary
shares
Law Debenture
Corp pic|||4,600 shares|14,490|||||4,600 shares|12,558|(1,932)| ||||1,800shares|13,500|||||1,800shares|13,680|180| |Scottish American
Inv. Co|||||||||||| |25p Ordinary
shares
J P Morgan Claverhouse|Inv.||2,800shares|13,748|||||2,800 shares|12,992|(756)| |REITshares
Fidelity European
Values|||12,850shares|13,621|||||12,850 shares|12,914|(707)| |25p Ordinary
shares
Schroder
UK Growth
Fund (Baillie Gifford UK Growth FD)|||4,000 shares|12,140|||||4,000shares|11,280|(860)| |25p Ordinary
shares
Scottish Inv Tst Pic|||4,500shares|10,575|||||4,500shares|6,795|(3,780)| |10p Ordinary
shares
JP Morgan GLB Emerg Mkts Inc Tst|||2,100shares|12,915|||||2,100shares|10,752|(2,163)| |LXI Reit Pic|||8,200 shares|12,300|||||8,200 shares|10,209|(2,091)| |1p Ordinary
shares
Sequoia Economic Infra inc|||10,600shares|14,119|||||10,600shares|15,094|975| |Baillie Giff Strat BD FD B Inc|||11,500 shares|12,788|||||11,500 shares|10,580|(2,208)| ||||8,102.852|7,532|||||8,102.852|6,149|(1,383)| ||||shares||||||shares||| |Ishares Core GBP Corp BD UCITS ETF|||||||||||| |City ofLondon
Inv Tst|||62 shares|9,536|||||62shares|7,945|(1,591)| |25p Ordinary
shares
JP Morgan Asian
Inv Tst|||3,500 shares|13,650|||||3,500shares|14,018|368| |25p Ordinary
shares
Avi Global Trust pic|||2,900shares|14,761|||||2,900shares|10,672|(4,089)| |Edinburgh
Worldwide
Inv|T||1,500 shares|14,535|||||1,500shares|13,515|(1,020)| |1p Ordinary shares
JP Morgan GLB Core Assets Ltd|||4,000 shares|14,320|||||4,000shares|6,952|(7,368)| ||||9,400 shares|8,046|930||||10,400 shares|11,024|2,048| |North American
Inc Tst|||||||||||| |5p Ordinary
shares
Bankers Investment
Trust|||5,000shares|14,000|||||5,000shares|14,200|200| |25p Ordinary shares
Mercantile
Inv Tst PLC|||11,000shares|12,540|||||11,000shares|10,879|(1,661)| |25p Ordinary
shares|||4,900shares|12,642|||||4,900shares|8,761|(3,881)| |||||E 276,708|64 070|E||||E247,382|F(33,396)| ## |PERMANENT
ENDOWMENT|PERMANENT
ENDOWMENT|FUND|Holding at|Market value||Cost|Sales|Profit/(loss)|Holding at|Market value|Surplus/| |---|---|---|---|---|---|---|---|---|---|---|---| ||||30June|at 30June||in year|in year|on sale|30June|at 30June|(deficit) on| ||||2021|2021|||||2022|2022|revaluation| |Primary
Health Properties|pic||||||||||| |12.5p Ordinary
shares
Astrazeneca
pic|||18,890shares|29,072|||||18,890shares|25,747|(3,325)| |USD 0.25 shares|||534 shares|46,367|||||534 shares|57,672|11,305| |Monks Investment
Trust|||||||||||| |5p Ordinary
shares
HICL Infrastructure
Co.|||4,900shares|67,228|||||4,900shares|45,570|(21,658)| |1p Ordinary
shares
J P Morgan Asian Inv Trust|||21,520 shares|35,680|||||21,520 shares|37,057|1,377| |25p Ordinary
shares
Triple PT Energy EFF Infra|||4,031 shares|20,518|||||4,031 shares|14,834|(5,684)| |1p Ordinary
shares
Dunedin
Inc Grwth
Inv Tst|||15,522 shares|17,307|||||15,522 shares|13,853|(3,454)| |25p Ordinary shares
Ishares Core GBP Corp BD UCITS EFT|||6,955shares|21,908|||||6,955shares|18,987|(2,921)| ||||18shares|2,769|||||18shares|2,307|(462)| |||||8240,849|E|||||8216,027|8(24,822)| |TOTALS||||5 2,138,237|E|69,296|E45499|E (1 205)||E 1,857,890|~ (302,939)|