| Contents | Page | ||
|---|---|---|---|
| Independent | examiner's | report | |
| Trustees' Report |
2-6 | ||
| Balance sheet | |||
| Statement | of Financial | Activities | |
| Donations | |||
| Investments | 10-11 | ||
| Investment | Changes | 12 | |
| Notes to the Accounts | 13 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| UK fixed interest | 5.01% | 4.88% | |||
| UK listed e uities | 40.70% | 42.39% | |||
| Overseas e | uities | 53.83% | 52.08% | ||
| Cash | 0.46% | 0.65% | |||
| Total financial | investments | 100% | 100'I |
| JA R CHARITABLE TRUST | JA R CHARITABLE TRUST | ||||
|---|---|---|---|---|---|
| BALANCE SHEET as at 5th April | 2023 | ||||
| 2022/23 | 2021/22 | ||||
| f | f | ||||
| UNRESTRICTED FUNDS | 5,091,738.50 | 5,624,499.90 | |||
| There are | no Restricted or | Endowment | Funds | ||
| represented | by:- | ||||
| INVESTMENTS at Market Value | 5,021,537.15 | 5,567,191.66 | |||
| CASH | |||||
| Raymond CAF Bank |
James GBP account | 22,974.75 46,841.23 |
36,422.47 20,662.99 |
||
| DEBTOR | |||||
| Becton Dickinson - Dividend | received post | 5 April 23 | 247.60 | 222.78 | |
| Raymond | James Gross interest - received | post 5 April 23 | 137.77 | 0.00 | |
| CREDITOR | |||||
| Hunters | 0.00 | 0.00 | |||
| NET ASSETS | 5,091,738.50 | 5,624,499.90 |
| 2022/23 | 2021/22 | |||||
|---|---|---|---|---|---|---|
| INCOMING RESOURCES (unrestricted | funds) | 6 | ||||
| UK CAF Bank interest (gross) UK RJ Bank interest (gross) UK Fixed Interest (gross) UK Dividends |
62.49 137.77 15,254.44 75,951.28 |
0.00 0.00 13,291.56 80,466.65 |
||||
| Unit Trust Dividends | 4,854.74 | 3,584.94 | ||||
| Overseas Dividends |
23,733.69 | 20,307.08 | ||||
| Property Income Distributions Gain on currency conversion |
0.00 0.00 |
0.00 0.00 |
||||
| 119,994.41 | 117,650.23 | |||||
| RESOURCES EXPENDED (unrestricted | funds) | |||||
| Direct Charitable Expenditure |
74,000.00 | 76,500.00 | ||||
| 2021/22 Maryvale donation returned |
-1,000.00 | |||||
| Management and Administration |
Expenditure | |||||
| Hunters professional charges to 5/4/22 |
(including | |||||
| E1,924.80 VAT) | 11,548.80 | 5,400.00 | ||||
| Burgess Hodgson - Independent Examiners fee for Accounts to 5/4/22 |
792.00 | 758.11 | ||||
| Raymond James Management fees |
19,231.28 | 20,737.65 | ||||
| Raymond James Overseas Custody |
Charge | 0.00 | 0.00 | |||
| LEI application fee Bank charges |
0.00 92.25 104,664.33 |
0.00 111.00 103,506.76 |
||||
| THERE ARE NO PUBLICITY OR FUND-RAISING | COSTS | |||||
| Net Incoming/Outgoing Resources |
in | the year | 15,330.08 | 14,143.47 | ||
| GAINS/LOSSES ON INVESTMENT |
ASSETS | |||||
| Realised | 587.78 | 34,338.50 | ||||
| Unrealised | -548,679.26 | 315,044.65 | ||||
| Total funds brought forward |
5,624,499.90 | 5,260,973.28 | ||||
| TOTAL FUNDS CARRIED FORWARD | TO THIS YEAR'S | |||||
| BALANCE SHEET | 5,091,738.50 | 5,624,499.90 |
| Cheque | |||
|---|---|---|---|
| No | |||
| 224 | Nazareth House |
3,000 | |
| 225 | St Joseph's Pastoral Centre | 4,000 | |
| 226 | Aid to the Church in Need |
4,000 | |
| 227 | Bishop of Brentwood | 3,000 | |
| 228 | Tongabezi School Trust |
2,500 | |
| 229 | Little Sisters ofthe Poor | 3,000 | |
| 230 | Cardinal Hume Centre |
3,000 | |
| 231 | StJames Church | 2,000 | |
| 262 | St Joseph's Hospice |
3,000 | |
| 263 | Eastbourne College |
3,000 | |
| 264 | St Patrick' s, Soho Square | 4,000 | |
| 265 | Marriage Care | 2,000 | |
| 266 | Finchley Foodbank | 1,000 | |
| 267 | Foodbank Aid |
2,000 | |
| 268 | Caritas Westminster | 2,000 | |
| 269 | St Vincent's Centre Southend |
3,000 | |
| 271 | Prisoners Abroad |
2,000 | |
| 301 | The Passage | 4,000 | |
| 302 | Catholic Children's Society (W |
estminster) | 3,000 |
| 304 | HCPT | 3,000 | |
| 305 | JMB Educational Trust |
3,000 | |
| 306 | Brentwood Catholic Children' s |
Society | 3,000 |
| 307 | Walsingham House |
4,000 | |
| 308 | Friends of Tumaini | 2,500 | |
| 309 | Anchor House | 5,000 |
| INVESTMEN | TS held at 5th April 2 | 023 | |||
|---|---|---|---|---|---|
| Value at | Value at | ||||
| 5/4/23 | 5/4/22 | ||||
| UK Bonds | f | ||||
| F300,000 | Tesco 6.1559Snr Nts 15/11/2037 | 252,711.29 | 273,461.89 | ||
| UK Com | panies | ||||
| 28,000 | Aviva 8.75'Io Cum Irr Pref E1 | 34,160.00 | 40,740.00 | ||
| 30,000 | Barclays PLC Ord 25p | 44,316.00 | 44,100.00 | ||
| 8,800 | BP Ord US$0.25 | 46,965.60 | 33,695.20 | ||
| 10,000 | Experian Group US$0.10 |
268,100.00 | 295,700.00 | ||
| 11,440 | GlaxoSmithKline Ord 25p |
170,135.68 | 243,643.40 | ||
| 14,300 | I-laleon Pic Ord GBP 0.01 | 48,712.95 | 0.00 | ||
| 9,730 | HSBC Holdings Ord US$0.50 |
53,923.66 | 51,345.21 | ||
| 20,000 | Impax Enviro Mkts Ord GBP0.10 | 83,100.00 | 93,200.00 | ||
| 100,000 | Lloyds Banking Group Ord 0.10p |
48,430.00 | 46,305.00 | ||
| 3,900 | M&G Pic Ord GBP 0.05 | 7,404.15 | 8,463.00 | ||
| 6,000 3,900 |
National Grid Ord 0.12431289p Prudential Corp 5p |
67,740.00 43,017.00 |
72,660.00 44,206.50 |
||
| 700 | Reckitt Benckiser Group Ord 10p | 44,352.00 | 41,706.00 | ||
| 4,000 | Rio Tinto Ord 10p | 211,320.00 | 244,800.00 | ||
| 6,723 | Shell Pic Ord 80.07 | 158,864.49 | 142,594.83 | ||
| 70,000 | Scottish Mortgage inv Trust Ord 0.05p |
449,820.00 | 722,400.00 | ||
| 5,500 | SSEOrd 50p | 99,742.50 | 98,835.00 | ||
| 3,696 16,363 |
Unilever Ord 0.031111p Vodafone Group Ord US$0.2095238 |
158,502.96 14,636.70 |
130,709.04 20,532.29 |
||
| Europe | |||||
| 20 | Adyen NV EURO.01 |
24,989.92 | 30,756.41 | ||
| 1,300 | Nestle SA CHF0.10 | 130,213.48 | 131,807.85 | ||
| USA | |||||
| 130 | Adobe Inc Com USD 0.0001 | 39,835.88 | 45,456.58 | ||
| 1,200 440 |
Alphabet Cap $0.001 "C"Class Amazon Com lnc |
101,020.31 35,681.97 |
129072 19 55,040.26 |
||
| 2,200 | Apple Inc Com US$0.00001 | 288,985.14 | 293,662.12 | ||
| 400 | Becton Dickinson Com US$1 | 80,748.87 | 80,196.42 | ||
| 700 | Bristol-Myers Squibb Com US$0.10 |
39,203.32 | 39,726.87 | ||
| 0 | Embecta Corporation Com USD0.01 |
0.00 | 1,829.99 | ||
| 300 | Equifax Inc Com $1.25 | 47,983.44 | 53,035.50 | ||
| 1,600 14,451. 52 |
Findlay Park Funds American USD JH Strat inv Fds JH Instl Nth Amr Idx Acc |
211,403.09 394,344.70 |
219,489.43 419,083.67 |
||
| 200 | Idexx Laboratories Inc Com |
76,473.51 | 83,118.31 | ||
| 200 | Intuit Inc Com | 70,451.12 | 75,647 36 | ||
| 1,260 | Johnson &Johnson Com |
167,379.44 | 170,638.21 | ||
| 500 | Meta Platforms Inc Com USD0.000006 CL 'A' |
84,817.27 | 88,388.69 | ||
| 600 | Microsoft Corp Com | 136,846.66 | 142,227.10 | ||
| 800 | Paypay Holdings Inc Com |
47,235.86 | 71,766.25 | ||
| 1,500 1,000 |
Pinterest inc Com USD 0.00001 Procter &Gamble Com NPV |
32,883.34 121,33025 |
29,886.08 117,897.34 |
||
| 150 | Servicenow inc Com |
56,228.94 | 63,274.32 | ||
| 300 | Stryker Corp Com Stock | 69,311.29 | 61,419.16 | ||
| 1,500 | Verizon Communications Com $0.10 |
48,260.18 | 60,366.91 | ||
| 230 | Walt Disney Co. Com Disney | USD0.01 | 18,432.40 | 23,784.27 |
| Asia Pacific | |||||
|---|---|---|---|---|---|
| 3,900 15,000 |
Australia & New Zealand Bank NPV Australian Foundation inv NPV |
48,979.92 59,587.66 |
61,235.08 72,467.56 |
||
| 18,981 447 | First Sentier Inv Stewart Invrs Asia Pac | Ldr Acc | 184,818.55 | 191,422.20 | |
| 816 | Jardine Matheson | Holdings US$0.25 | 32,255.66 | 35,378.17 | |
| 18,000.000 | JP Morgan Asian | Inv Trust Ord 25p | 65,880.00 | 70,020.00 | |
| 5,021,537.15 | 5,567,191.66 | ||||
| Market Value at | 5/4/22 of investments | sold in year to 5/4/23 | -1,829.99 | ||
| Cost of investments purchased |
4,854.74 | ||||
| Adjusted value |
at 5/4/22 | 5,570,216.41 | |||
| Value at 5/4/23 | 5,021,537.15 | ||||
| GAIN(/LOSS) IN |
YEAR TO 5/4/23 | -646,676.26 |
| Market | ||||||
|---|---|---|---|---|---|---|
| Value at | ||||||
| Disposals | Proceeds 6 |
5/4/22 E |
Gain/Loss f |
|||
| 22-Apr-22 | 80 Embecta Corporation | Com USD0.01 | 1,790.62 | 1,829.99 | -39.37 | |
| 18-Jul-22 | GSKPic | Ord GBP0.25 | Demerger | 0.00 | 0.00 | |
| 19-Jul-22 | 14,300GSK Pic Ord GBP 0.25 | Demerger | 0.00 | 0.00 | ||
| 02-Sep-22 | Australia | & New Zealand | Bank | 627.15 | 0.00 | 627.15 |
| 2,417.77 | 1,829.99 | 587.78 |