THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2021
CHARITY NUMBER 255496
Clayton Stark & Co Chartered Accountants 5[th ] Floor, Charles House 108-110 Finchley Road London NW3 5JJ
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST
FINANCIAL STATEMENTS FOR THE YEAR ENDED 5APRIL2021
CONTENTS
| Page | |
|---|---|
| Trustees' Report | 1 to 3 |
| Independent Examiner's Report to the Trustees | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 11 |
| Schedule of Listed Investments | 12 to 15 |
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST
TRUSTEES' REPORT
FOR THE YEAR ENDED 5 APRIL 2021
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees:
M Y Ben-Gershon # JS Lauffer# GD Cohen# Dr G L Lauffer # E Hacohen #
Trustees serving at the date of approval of the Trustees' Report.
Governing Document and Constitution
Trust Deed dated 1 November 1965, as an unincorporated association in England.
Charity Registration 255496 Number 9 Heathcroft Charity Office Hampstead Way London NWl 1 7HH
Bankers Coutts & Co. 440 Strand London WC2R OQS Investment Managers Close Brothers Asset Management 10 Crown Place London EC2A 4Ff Accountants Clayton Stark & Co. (Chartered Accountants) 5 [th ] Floor, Charles House 108-110 Finchley Road London NW3 5JJ
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST
TRUSTEES' REPORT (continued)
The trustees present their report and financial statements for the year ended 5 April 2021. The financial statements have been prepared in accordance with the accounting policies set out on page 7 and comply with the charity's Trust Deed and applicable law.
Structure, Governance and Management
The trustees are named on page I. Appointment of trustees is governed by the Trust Deed of the charity. The trustees are responsible for the day to day administration of the charity and hold periodic trustees' meetings.
The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. The Board of Trustees ensures that the skill requirements of trustees are kept under review. New trustees, if required, are sought by recommendation from existing trustees and the required training is given by the existing trustees.
Investment Powers
The Trust Deed authorises the trustees to make and hold investments using the general funds of the charity. Details of investments held are shown in the financial statements.
Objectives and Activities for Public Benefit
The Charitable Trust is constituted by Trust Deed and its public benefit objectives and aims, and grant-making policy, are to apply the Trust Fund and Income thereof for general charitable purposes.
Grant - Making Policy
The trustees meet from time to time to consider the making of charitable grants to institutions and to review any applications for grants that have been received.
In furtherance of its public benefit objectives, during the year the charity made institutional grants of £179,711 for general charitable purposes, details of which are shown in note 3 of the Notes to the Financial Statements. The policy of the charity is to continue to apply the Trust Fund for general charitable purposes, as specified in the Trust Deed, for public benefit.
Achievements and Performance
The trustees consider that the performance of the charity this year has been satisfactory. During the year the charity made 103 institutional grants for the aforesaid general charitable purposes in support of the public benefit activities of those institutions.
Other than the Board of Trustees, the charity is not dependent upon the services of unpaid volunteers, donations in-kind or other intangible income.
Financial Review
The principle source of income is investment income.
Details of expenditure on charitable activities are shown in the Statement of Financial Activities on page 5 of the financial statements. Expenditure incurred during the year related to Charitable Grants, and Support Costs (Governance Costs) necessary in relation to the charity's activities.
The charity's assets are held for the purpose of making Grants for general charitable purposes as specified in the Trust Deed dated 1 November 1965 and the Board of Trustees consider that the financial position of the charity at 5 April 2021 is satisfactory to enable it to continue to make such Grants.
During the year Close Brothers Asset Management continued as Investment Managers of the charity's listed investments. During the year there were Realised Gains and Unrealised Gains on listed investments of £24,952 and£ 1,020,132 respectively. The listed investments held by the charity have been acquired in accordance with the powers available to the Trustees. The 5 April 2021 value of the listed investments has been substituted for their historical cost and details are shown in note 5 of the Notes to the Financial Statements.
2
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST TRUSTEES' REPORT (continued)
Reserves Policy
The trustees have examined the requirement for free reserves which are those unrestricted funds not invested in Fixed Assets. It is the policy of the charity to maintain free reserves at a level considered adequate to provide sufficient funds to enable it to meet its charitable commitments as they fall due; the free reserves amounted to £(20,328) at 5 April 2021. Designated Funds have been created up to an amount equivalent to the value of Fixed Assets held, as these represent funds not immediately available for charitable grants; at 5 April 2021 the Designated Funds amounted to £4,477,552.
Future Plans
The charity intends to continue making institutional grants for the aforementioned charitable purposes, as specified in the Trust Deed, for public benefit.
Risk Management
The trustees have reviewed the affairs of the charity and do not consider that there are any major strategic, business and operational risks which the charity faces other than in relation to the holding of the charity's listed investments and in order to lessen such risks the trustees previously appointed Investment Managers who periodically review the investments held and report to the trustees with their recommendations in regard thereto.
Going Concern
There are no uncertainties about the charity's ability to continue as a going concern as indicated in note 10 of the Notes to the Financial Statements.
Statement of trustees' responsibilities
The trustees are responsible under the law applicable to charities in England and Wales and United Kingdom Accounting Standards including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (United Kingdom Generally Accepted Accounting Practice) for preparing a Trustees' Annual Report and financial statements for each financial year which give a true and fair view of the charity's income and expenditure during the year and of its financial position at the end of the year. In preparing those financial statements the trustees are required to:-
-
(a) select suitable accounting policies, as described in note I of the Notes to the Financial Statements, and apply them consistently;
-
(b) observe the methods and principles in the Charities SORP;
-
(c) make judgements and estimates that are reasonable and prudent;
-
(d) state whether applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
-
(e) prepare the financial statements on a going concern basis, unless it is inappropriate to presume that the charity will continue in operation, and on the accruals concept.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 201 I, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust Deed. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Amounts are presented within items in the Statement of Financial Activities and Balance Sheet in accordance with generally accepted accounting principles or practice, the trustees having had regard to the substance of the reported transaction or arrangement.
The trustees have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to guidance issued by the Charity Commissioners, including public benefit objectives. The activities undertaken for public benefit are as hereinbefore described.
Approved
This report was approved by the trustees on 31 December 2021 and signed on their behalf by:
�--····
- I. S. Lauffer (Truste
3
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST
I report on the financial statements of the Charity for the year ended 5 April 2021, set out on pages 5 to 15.
Respective responsibilities of trustees and independent examiner
As described on pages 2 and 3, the charity's trustees are responsible for the preparation of the Trustees' Annual Report and financial statements. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The Charity has prepared "accruals basis" financial statements. I am qualified to undertake the independent examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. It is my responsibility to:-
-
examine the financial statements (under Section 145 of the 2011 Act);
-
to follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145(5)(b) of the 2011 Act); and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a "true and fair" view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect:-
-
the accounting records were not kept in accordance with section 130 of the 2011 Act; or
-
• the financial statements did not accord with the accounting records; or
-
the financial statements did not comply with the applicable requirements concerning the form in content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a "true and fair view" which is not considered part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Use of this report
This report is made solely to the charity's trustees, as a body, in accordance with the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the independent examiner's statement.
5[th ] Floor, Charles House 108-110 Finchley Road London NW3 5JJ
&�.A.
Partner - Clayton Stark & Co. Chartered Accountants
31 December 2021
4
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2021
| General Fund | General Fund | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Notes | |||
| Income and Endowments | |||
| Investment Income | 2 | 111,295 | 163,750 |
| Endowments | |||
| Other income | 720 | ||
| Bank Interest received | 9 | ||
| Income Tax Repayable | 5,824 | ||
| Total Income | £117,019 | £164,479 | |
| ------ | ------- | ||
| ----- | |||
| Expenditure | |||
| Expenditure on Charitable Activities:- | |||
| Direct Charitable Expenditure - Grants | 3 | 179,711 | 223,847 |
| Support Costs (all Governance Costs) | 4 | 38,906 | 24,718 |
| TotalExpenditure on Charitable Activities | £218,617 | £248,565 | |
| Net (Outgoing) resources fr the year | (101,498) | (84,086) | |
| Other Recognised Gains and Losses | |||
| Gains/(Losses) on Listed Investments:- | |||
| Realised | 24,952 | 44,108 | |
| Unrealised | 1,020,132 | (822,418) | |
| Net Movement in Funds | 943,586 | (862,396) | |
| Unrestricted Funds balance brought frward at 6 April 2020 |
3,513,638 | 4,376,034 | |
| Unrestricted Funds balance carried | |||
| frward at 5 April 2021 | £4,457,224 | £3,513,638 |
There were no recognised gains or losses other than those as set out above.
All of the activities of the charity are classed as continuing.
The notes on pages 7 to 11, and pages 12 to 15, form part of these Financial Statements.
5
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST
BALANCE SHEET AT 5 APRIL 2021
| Notes Fixed Assets Listed Investments 5 Current Assets Debtor (Amount held by Investment Managers) Sundry Debtors Balance at Bank Less: Creditors:Amounts flling due within one year Net Current (Liabilities)Assets Net Assets Represented By: Designated Funds - Fixed Assets Unrestricted Funds - General Reserves Total Charity Funds 6 8 8 2021 15,662 5,824 21,486 41,814 4,477,552 (20,328) £4,457,224 4,477,552 (20,328) £4,457,224 |
2020 13,222 171528 30,750 19,320 3,502,208 11,430 £3,513,638 3,502,208 11,430 £3,513,638 |
|---|---|
The notes on pages 7 to 11, and pages 12 to 15, form part of these Financial Statements.
Approved by the Board of Trustees on 31 December 2021.
----- Start of picture text -----
JS LAUFFER
----- End of picture text -----
6
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
1. Accounting Policies Charity Informaton
The Vivienne and Samuel Cohen Charitable Trust is a charity registered with the Charity Commission for England and Wales. The charity's legal form and address is shown on page I of the Trustees' Report. The nature of the charity's operations and principal activities are shown on page 2 of the Trustees' Report.
Basis of Preparation
The charity is a Public Benefit Entity as defined by Financial Reporting Standard 102 (FRS 102).
The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value and in accordance with the Charities Act 2011, the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS 102) 2015 effective January 2015 as subsequently updated for reporting periods beginning on or after 1 January 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice 2005 which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in Sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared on a going concern basis in accordance with note I O of the Notes to the financial statements.
Income
All income is accounted for as receivable by the charity. There were no permanent endowments received in the year (2020 - Nil).
Expenditure on Charitable Activities
Support Costs are charged on an accruals basis. Grants are charged in the year in which paid; they comprise donations to third-party institutions in accordance with the charitable objects of the charity and its public benefit objectives.
Fixed Assets - Investments
Investments are stated at market value. Realised and unrealised gains and losses on investments are dealt with in the Statement of Financial Activities.
Funds Structure
Funds held by the charity are:-
-
(i) Designated Funds - these are funds set aside by the trustees out of Unrestricted General Funds for a specific purpose or reason.
-
(ii) Unrestricted General Funds - these are funds which are immediately available to be used in accordance with the charitable objects at the discretion of the trustees.
Taxation
The Vivienne and Samuel Cohen Charitable Trust is a registered charity and is therefore exempt from Income Tax and Capital Gains Tax.
Value Added Tax
Value Added Tax is not recoverable by the charity and, as such, is included in the relevant costs in the Statement of Financial Activities.
7
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021 (continued)
2. Investment Income
| 2. Investment Income | |
|---|---|
| 2021 Dividends and Interest on Listed Investments £111295 3. Direct Charitable Ex�enditure - Grants Number of Number of Grants in year Grants in year to 5/4/21 2021 to 5/4/20 Charitable Donations: Machon Mealiyot 1 6,500 NaLaga'at 1 1,000 London School of Jewish Studies 1 1,000 B C Shaare Zedek UK 1 1,000 1 Chai Lifline Cancer 1 1,000 1 The Spiro Ark 1 The Israel Free Loan Association 1 1,000 World Jewish Relief 1 5,000 1 Jewish Care 1 3,000 l B'nai B'rith Hille) Foundation 1 3,000 1 Benji Hillman Foundation l 1,000 Arachim 2 2,000 2 Chasdei Y oel 1 1,000 2 Disabled Living Foundation 1 1,000 1 University Jewish Chaplaincy 1 2,000 1 Age UK 1 1,000 I ORT 1 National Osteoporosis Society l 1,000 l Jerusalem College of Technology l 1,000 l Seed 1 1,200 1 Norwood l 1,000 l Friends of S H Hospital l 5,000 l Matan 1 1,000 Barts charity I 2,000 I Tomchei Shabbos 1 1,294 2 Maalim Be' emunah I Ma'arava 1 8,000 l Ezrat Avot 1 1,200 Mosaica, Religion, Society and State l 2,000 Pa'amonim 2 1,100 Simon Marks Jewish Primary School 1 1,000 1 Yeshivat Har Etzion 1 2,000 Yad Vashem 1 1,000 Aish Hatorah I 1,000 I Chug Ha' amakim 1 2,000 3 Magen David Ador 1 1,000 1 Leukaemia UK 1 1,000 1 Friends of Y ad Sarah I 1,000 1 Hayeshiva Hagadda Or Etzion 1 10,000 Boys' Town Jerusalem 1 1,000 1 Yeshivat Birkat Moshe I Bridge Lane Beth 3 1,350 3 carried forward 42 78,644 37 |
2020 £1~~63,750~~ |
2020 1,000 1,000 2,000 5,000 3,000 3,000 2,000 1,350 1,000 2,000 1,000 1,200 1,000 1,000 1,200 1,000 5,000 2,000 2,000 1,500 8,000 1,000 1,000 6,000 1,000 1,000 1,000 1.000 5,000 1,350 64,600 |
8
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021 (continued)
3. Direct Charitable Ex�enditure - Grants (continued)
| Number of | Number of | |||
|---|---|---|---|---|
| Grants in year | Grants in year | |||
| to 5/4/21 | 2021 | to 5/4/20 | 2020 | |
| brought frward | 42 | 78,644 | 37 | 64,600 |
| Shirat Yisrael | 1 | 8,000 | 2 | 16,000 |
| Hebrew University of Jerusalem | 1 | 5,000 | ||
| Jerusalem Music Conservatory Hassadna | l | 2,000 | ||
| Friends of Neve Menashe | 1 | 1,000 | ||
| Or Shalom Vachesed | 2 | 1,450 | 3 | 2,550 |
| Keren Nevo | 2 | 4,500 | ||
| Ahavat Hadassah | 1 | 8,000 | 2 | 16,000 |
| Emunah | 1 | 1,000 | ||
| Mishkan David | 1 | 8,000 | ||
| YLT | 2 | 2,000 | 2 | 3,000 |
| Yeshivat Chevrat Hatora | 1 | 4,000 | ||
| Nachlas Bnei Shimon | 1 | 2,500 | ||
| U K Friends of Afikim, | 1 | 2,000 | ||
| Union of Jewish Students | 1 | 1,000 | ||
| Yeshaya Adler Memorial Fund | 2 | 16,000 | 3 | 17,000 |
| Yeshivat Maalot Chayim | 1 | 2,500 | ||
| Yad Eliezer Trust | 1 | 1,250 | 1 | 2,000 |
| UCL Development Office | 1 | 2,000 | 1 | 2,000 |
| Protection of Nature Charitable Trust | 1 | 2,000 | ||
| Mesila UK | 1 | 2,000 | 1 | 2,500 |
| Mekir | 2 | 4,500 | ||
| Lehachazikam Ulehachayotam | 2 | 1,000 | ||
| Karov Eli Leavraham | 1 | 5,000 | 1 | 5,000 |
| Jerusalem Symphony Orchestra | 2 | 10,000 | 2 | 13,000 |
| Hampstead Garden Suburb Synagogue | 1 | 1,000 | ||
| Friends of Mir Charitable Trust | 1 | 2,500 | ||
| Derech Chochma | 1 | 1,000 | ||
| Chasdei Shalom | 1 | 1,000 | ||
| Beit Natan | 1 | 1,000 | ||
| Beit Moreshet Maale Adur | 2 | 17,500 | 3 | 22,500 |
| Bayit Cham | 3 | 6,000 | ||
| Aleh Charitable Foundation | 1 | 1,000 | 1 | 1,000 |
| Other (all less than £1000) | 39 | 11,367 | 58 | 18,697 |
| 103 | £179,711 | 137£223,847 | ||
| --- | --- | |||
| NOTE:- All grants were institutional grants for | the purposes of :- | |||
| Education | 23 | 70,750 | 34 | 72,430 |
| Religious Activities and Communal | 7 | 29,500 | 8 | 41,650 |
| Medical Care and Welfare | 22 | 19,994 | 29 | 23,500 |
| Cultural and Recreation | 15 | 17,017 | 14 | 18,067 |
| Care and Welfre | 36 | 42,450 | 52 | 68,200 |
| 103 £179,711 |
137 £223,847 | |||
| -- | --- |
9
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021 (continued)
| 4. 5. **6. ** |
Support Costs (all Governance Costs) in respect of Charitable Activities Accountancy (£12,600) and costs of Independent Examination (£3,000) Accountancy re previous years Investment Management Fees Accountancy under-provision in previous year Bank Charges Postage and Sundries Fixed Assets-Investments Listed Investments Market Value at 6 April 2020 (Disposals) in year Acquisitions in year, at cost Net Unrealised Gains/(Losses) Market Value at 5 April 2021:- (as valued by the Investment Managers Close Brothers Asset Mgmt.) 2021 15,600 2,880 19,779 647 £38,906 3,502,208 (146,948) 102,160 1020.32 £4,477,552 Details of the Listed Investments held are shown on pages 12 to 15. 2020 15,600 8,290 120 708 £24,718 4,383,588 (457,174) 398,212 (822,18) £3,502,208 Historical cost and value when settled of Listed Investments £2,979,812 £2,882,997 The fllowing investments comprised more than 10% of the total Listed Investments portflio: Market Value at 5/4/21 Experian Plc 23,410 Ordinary Shares of 10 US Cents Creditors: Amounts flling due within one year Accruals Bank Overdraft £596,019 2021 2020 37,884 3,930 £41,814 19,320 £19,320 ===== |
|---|---|
7. Staff Costs and Trustees' Remuneration
There were no staff costs or employees during the year (2020 - Nil).
No remuneration was paid to trustees in the year (2020 - Nil) and no expenses were reimbursed to trustees in the year (2020 - Nil).
10
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021 (continued)
| Unrestricted Funds | Designated | General | ||
|---|---|---|---|---|
| Total | Funds - | Reserves | ||
| Fixed Assets | ||||
| Balance at 6 April 2020 | 3,513,638 | 3,502,208 | 11,430 | |
| Net Movement in Funds | ||||
| fr the year-increase | 943,586 | 943,586 | ||
| Transfr between Funds | 975,344 | (975,344) | ||
| Balance at 5 April 2021 | £4,457,224 | £4,477,552 | £(20,328) |
8. Unrestricted Funds
The Designated Fixed Assets Funds represents the Net Book Value of Fixed Assets and have been created as these represent funds not immediately available for charitable grants. Each year an amount is transferred to or from these funds which represents the movement in the Net Book Value of Fixed Assets in the period.
9. Related Party Transactions
There were no Related Party Transactions in the year (2020- Nil).
10. Going Concern
The Trustees have assessed whether the going concern basis of preparation of the financial statements continues to be appropriate based upon whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. This assessment has been required in the light of the significant uncertainty around the short to medium term impact of the Coronavirus COVID-19 pandemic.
In the event of a significant future decline in the value of the charity's listed investments and/or its investment income thereon, this may result in a reduction in the level of charitable grants to institutions that the charity is normally able to make.
At the time of approving the financial statements the trustees believe that all appropriate measures will be taken to ensure that the charity will be able to continue its operations for a least the next twelve months and thus conclude that the going concern basis remains appropriate.
11
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST
SCHEDULE OF LISTED INVESTMENTS AT 5 APRIL 2021
| COST | MARKET VALUE | |
|---|---|---|
| Royal Dutch Shell | ||
| 2500 "B" Shares | 30,246 | 33,385 |
| South 32 | ||
| 7500 Ordinary Shares | 8,400 | 11,835 |
| Skipton Building Society | ||
| 10000 12.875% Permanent | ||
| Interest-Bearing Shares | 11,307 | 21,226 |
| Land Securities Group | ||
| 7500 Ordinary Shares | 63,069 | 52,620 |
| GlaxoSmithKline | ||
| 14000 Ordinary Shares | 181,313 | 178,864 |
| BT Group | ||
| 15000 Ordinary Shares | 38,353 | 23,468 |
| Unilever plc | ||
| 4000 .031111 p Ordinary Shares | 95,151 | 160,880 |
| Astrazeneca | ||
| 2500 Ordinary Shares | 93,108 | 179,300 |
| Antofgasta | ||
| 4250 Ordinary Shares | 55,112 | 71,931 |
| BMOCommercial Property | ||
| 100000 Ordinary Shares | 113,869 | 71,300 |
| Gilead Sciences Inc | ||
| 450 Common stock | 26,906 | 21,491 |
| Centrica | ||
| 9000 Ordinary Shares | 28,965 | 5,040 |
| carried frward | 745,799 | 831,340 |
12
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST SCHEDULE OF LISTED INVESTMENTS AT 5 APRIL 2021 (continued)
| Burberry Group 11715 Ordinary Shares Experian Group 23410 Ordinary Shares Vodafne Group 104545 Ordinary Shares Reckitt Benckiser 3750 Ordinary Shares BP 15000 Ordinary Shares BHP Group Plc 3750 Ordinary Shares British Land 15000 Ordinary Shares Legal & General 20000 Ordinary Shares Gallifrd Try 30000 Ordinary Shares Kier Group 35000 Ordinary Shares Verizon Comunications 6969 Comon Stock Indivior Plc 3500 Ordinary Shares brought frward carried frward |
|
|---|---|
13
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST SCHEDULE OF LISTED INVESTMENTS AT 5 APRIL 2021 ( continued)
| brought frward Next Plc 300 Ordinary Shares Persimmon Plc 4500 Ordinary Shares Rio Tinto Plc 2500 Ordinary Shares Sainsbury (J)Plc 30000 Ordinary Shares The Berkeley Group Holdings 3000 Ordinary Shares D S Smith Plc 73000 Ordinary Shares Apple Inc 3000 Common Stock Inchcape Plc 7000 Ordinary Shares Paypoint Plc 5000 Ordinary Shares Shaftesbury Plc 5603 Ordinary Shares Close Brothers Group Plc 5000 Ordinary Shares Vistry Group Plc 17218 Ordinary Shares carried frward |
COST 1,629,837 15,227 63,871 74,665 103,688 73,782 219,118 49,405 44,259 42,168 44,983 73,127 234,046 2,668,176 |
MARKET VALUE 2,660,547 24,342 136,080 137,000 71,580 135,810 301,928 271,888 53,305 29,500 36,448 78,050 189,226 4,125,704 |
|---|---|---|
14
THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST SCHEDULE OF LISTED INVESTMENTS AT 5 APRIL 2021 ( continued)
| Headlam Group 15000 Ordinary Shares Johnson Matthey 3200 Ordinary Shares Morgan Sindall Group Plc 5000 Ordinary Shares Sthree Plc 25000 Ordinary Shares Total brought frward |
COST 2,668,176 69,157 101,358 68,538 72,583 £2,979,812 |
MARKET VALUE 4,125,704 67,800 96,448 89,100 98,500 £4,77,552 |
|---|---|---|
15