| TRUSTEES | Mr. N. Gayner | |||
|---|---|---|---|---|
| Mr.J.Harland (appointed 11.05.2021) |
||||
| Mr. A. Quinn | ||||
| Miss. C.Sternshine | ||||
| Mrs. J.Bailey | ||||
| CHARITY NUMBER | 259907 | |||
| PRINCIPAL OFFICE | 1Moat End | |||
| Thorpe Bay | ||||
| Southend on Sea |
||||
| Essex 5513QA | ||||
| INDEPENDENT | EXAMINER | Azets | ||
| 1/5 Nelson Street | ||||
| Southend-on-Sea | ||||
| Essex 5511EG | ||||
| BANKERS | Barclays Business Centre | |||
| 127 High Street | ||||
| Southend-on-Sea | ||||
| Essex 5511LH | ||||
| SOLICITORS | Drysdales | |||
| Cumberland House |
||||
| 24-28 Baxter Avenue | ||||
| Southend on Sea |
||||
| Essex 552 6HZ | ||||
| INVESTMENT | ADVISERS | Rathbone Investments |
Management | Limited |
| 1Curzon Street | ||||
| London W1I5FB |
| STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | Income funds | |||
|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31STMARCH 2022 | General Purposes | |||||
| Note | 2022 | 2021 | ||||
| 6 | 6 | |||||
| INCOMING RESOURCES |
||||||
| Rents receivable | 137,851.86 | 136,816.72 | ||||
| Bank deposit interest | 1.40 | 11.14 | ||||
| Dividend income |
17,461.58 | 12,691.49 | ||||
| Untaxed interest |
||||||
| Charitable Donations |
||||||
| Other | 200.00 | 1,447.72 | ||||
| TOTAL INCOMING RESOURCES |
155,514.84 | 150,967.07 | ||||
| EXPENDITURE | ||||||
| DIRECT CHARITABLE | EXPENDITURE | |||||
| Charitable contributions |
141,910.00 | 91,115.00 | ||||
| FUND-RAISING COSTS |
||||||
| Arrears written off | ||||||
| Property expenses: | ||||||
| Counciltax | ||||||
| Insurance | 5,156.41 | 4,533.52 | ||||
| Repairs | 6,262.60 | 9,531.90 | ||||
| Agents' commission |
11,073.18 | 10,391.49 | ||||
| Light and heat | 94.63 | |||||
| Professional fees |
1,106.40 | 72.00 | ||||
| 23,598.59 | 24,623.54 | |||||
| MANAGEMENT AND |
ADMINISTRATION | OF | THE CHARITY | |||
| Secretarial expenses | 1,500.00 | 1,500.00 | ||||
| Investment advisors |
management | fees | 4,037.98 | 3,743.05 | ||
| Accountancy charges |
3,000.00 | 2,844.00 | ||||
| Website | 112.67 | 112.67 | ||||
| Bank Charges | 90.00 | 58.50 | ||||
| Professional fees |
440.00 | 2,713.20 | ||||
| 9,180.65 | 10,971.42 | |||||
| TOTAL EXPENDITURE | 174,689.24 | 126,709.96 | ||||
| NET INCOMING RESOURCES |
(19,174.40) | 24,257.11 | ||||
| Total funds brought | forward | 8,954.98 | (15,302.13) | |||
| TOTAL FUNDS CARRIED FORWARD | (10,219.42) | 8,954.98 | ||||
| The notes on pages 7to 13form part of | the | accounts. |
| COST - at 1st | April 2021 | 228,403.45 |
|---|---|---|
| Improvements | in year | |
| 31st March 2022 | 228,403.45 |
| 2D22 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 3. INVESTMENTS - LISTED | SECURITIES | Market value | Market value | ||||
| 31/03/2022 | Cost | 31/03/2021 | Cost | ||||
| f | 6 | 6 | E | ||||
| Admiral Group PLC |
290 | 7,433.00 | 8,946.00 | 290 | 8,865.00 | 8,946.00 | |
| O.lp Ordinary Shares |
|||||||
| AstraZeneca PLC |
100 | 10,334.00 | 8,078.00 | ||||
| USD 0.25 Ordinary Shares |
|||||||
| Baillie Gifford Shin Nippon | 6000 | 10,284.00 | 10,471.00 | 6000 | 14,340.00 | 10,471.00 | |
| 25p Ordinary Shares |
|||||||
| Blackrock Fund Managers | 7500 | 13,4D6.00 | 8,931.00 | 7500 | 13,088.00 | 8,931.00 | |
| Conti European Income D Inc |
|||||||
| Blackrock North American | IT | 8800 | 18,084.00 | 17,262.00 | 8800 | 16,654.00 | 17,262.00 |
| 1p Ordinary Shares |
|||||||
| Bunzl PLC | 380 | 11,704.00 | 7,929.00 | 380 | 8,968.00 | 7,929.00 | |
| 32 1/7 Ordinary Shares | |||||||
| Capital Gearing Trust PLC | 380 | 19,570.00 | 16,657,00 | 380 | 17,917.00 | 16,657.00 | |
| 25p Ordinary Shares |
|||||||
| CCJapan Inc &Growth Trust |
11000 | 16,885.00 | 13,370.00 | 0 | 15,593.00 | 13,370.0D | |
| 1p Ordinary Shares | |||||||
| CCJapan Inc &Growth Trust |
2200 | 99.00 | 294.00 | 0 | 176.00 | 294.00 | |
| O.lp Sub Shares | |||||||
| City of London Inv Trust PLC |
3800 | 16,017.00 | 16,963.00 | 3800 | 14,383.00 | 16,963.00 | |
| 25 Ordinary Shares |
|||||||
| Croda International PLC |
100 | 8,028.00 | 1,837.00 | 130 | 8,343.00 | 2,388.00 | |
| 10.609756p Ordinary Shares |
|||||||
| Edgewood LSelect Fund |
76 | 23,685.00 | 6,377.00 | 115 | 32,871.00 | 9,650.00 | |
| US Select Growth IZ (USD) |
|||||||
| Findlay Park Funds | 140 | 19,202.00 | 4,596.00 | 210 | 25,141.00 | 6,894.00 | |
| American Fund Unhedged |
(GBP) | ||||||
| First State Investments (UK) |
7600 | 18,218.00 | 15,614.00 | 2550 | 15,870.00 | 15,614.00 | |
| Global Listed Infra 8 Inc | |||||||
| Foresight Solar Funds Limited | 8250 | 9,174.00 | 8,745.00 | 8250 | 8,415.00 | 8,745.00 | |
| Ordinary Shares |
|||||||
| Greencoat UK Wmd PLC |
10000 | 9,538.00 | 9,525.DO | 10000 | 9,936.00 | 9,525.00 | |
| Euro 0.01Ord Shares | |||||||
| HBM Healthcare Investments |
72 | 15,654.00 | 12,002.00 | 0 | 18,501.00 | 12,705.00 | |
| Carried forward | 227,315.00 | 167,597.00 | 229,061.00 | 166,344.00 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| 3, INVESTMENTS - LISTED SECURITIES (CONTINUED) | Market value | Market value | ||||||
| 31/03/2022 | Cost | 31/03/2021 | Cost | |||||
| E | E | 6 | E | |||||
| Broughtforward | 227,315.00 | 167,595.00 | 229,06100 | 166,344.00 | ||||
| HICL Infrastructure Co Ltd |
8500 | 15,300.00 | 14,696.00 | 8500 | 14,025.00 | 14,696.00 | ||
| 0.01p Ordinary Shares | ||||||||
| I P Morgan Asset MORS | (UK) | 0 | 22679.79 | 28097.00 | 9,134.00 | |||
| US Equity income K INC |
(GBP) | |||||||
| I P Morgan Emerg MKTS INVTST |
9800 | 11,270.00 | 12,634.00 | 0 | 12,838.00 | 12,634.00 | ||
| 2.5p Ordinary Shares | ||||||||
| Jupiter Emerg &Frontier | TST | 0 | 5000 | 5,043.00 | 5,087.00 | |||
| 1p Ordinary Shares | ||||||||
| LXI Riet PLC | 10,146.00 | 8,784.00 | 8,541.00 | 8,784.00 | ||||
| 1p Ordinary Shares |
||||||||
| Link Fund Solutions | 0 | 9500 | 16,723.00 | 19,476.00 | ||||
| Trojan Inc5 Inc | ||||||||
| Londonmetrics Property |
PLC | 4600 | 12,733.00 | 8,407.00 | 2958 | 10,046.00 | 8,407.00 | |
| 10p Ordinary Shares |
||||||||
| M&G Securities | 20043 | 18,464.00 | 20,852.00 | 20043 | 19,022.DO | 20,852.00 | ||
| Global Macro Bond | ||||||||
| Macquaire Group LTD |
94 | 11,302.00 | 4,956.00 | 7,870.00 | 4,956.00 | |||
| NPV Ordinary Shares |
||||||||
| Mayfair Capital Investments | 27718 | 17,220.DD | 13,053.00 | 27717.74 | 14,553.00 | 13,053.00 | ||
| Property Inc Trust for Charity |
||||||||
| Mercantile investment |
TST PLC | 7250 | 15,730.00 | 16,84800 | 0 | 18,304.00 | 16,848.00 | |
| 2.5p Ordinary Shares | ||||||||
| Merian Chrusalis Inv Co |
Ltd | 6000 | 10,632.00 | 6,222.00 | 6000 | 11,700.00 | 6,222.00 | |
| Carried forward | 350,112.00 | 274,047.00 | 395,823.00 | 306,493.00 |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 3. INVESTMENTS - LISTED SECURITIES (CONTINUED) | Market value | Market value | ||||||||
| 31/03/2022 | Cost | 31/03/2021 | Cost | |||||||
| 6 | E | 6 | 6 | |||||||
| 8 rough t forward | 350,112.00 | 274,047.00 | 395,823.00 | 306,493.00 | ||||||
| Murry International | Trust | PLC | 1950 | 24,921.00 | 24,014,00 | |||||
| 25p Ordinary Shares |
||||||||||
| UK Specialist Equity | F | Acc | ||||||||
| National Grid PLC |
870 | 10,536.00 | 4,985.00 | 870 | 7,512.00 | 4,985.00 | ||||
| 12.431289p Ordinary | Shares | |||||||||
| North American Income Trust |
8800 | 26,400.00 | 24,223.00 | |||||||
| 5p Ordinary Shares |
||||||||||
| Novartis AG |
92 | 6,195.00 | 5,95200 | |||||||
| 0.5Shares (Regd) | ||||||||||
| Persimmon PLC |
200 | 4,424.00 | 5,844.00 | 200 | 6,048.00 | 5,844.00 | ||||
| 10p Ordinary Shares |
||||||||||
| Polar Capital Fund |
3700 | 27,639.00 | 27,625.00 | 3400 | 27,948.00 | 25,227.00 | ||||
| Global Convertible 5 |
inc (GBP) | |||||||||
| Prudential PLC |
590 | 6,688.00 | 8,427.00 | 590 | 9,154.00 | 8,427.00 | ||||
| 5p Ordinary Shares |
||||||||||
| Rathbone Unit Trust |
MGT | 14000 | 13,712.00 | 14,116.00 | 14000 | 14,799.00 | 14,116.00 | |||
| Ethical Bond 5 inc (GBP) | ||||||||||
| Reckitt Benckiser Group | PLC | 140 | 8,341.00 | 6,360.00 | 70 | 4,548.0D | 2,346.00 | |||
| 10p Ordinary Shares |
||||||||||
| Renewables Infrastructure |
9166 | 12,539,DO | 9,802.00 | 9166 | 11,23&.00 | 9,802.00 | ||||
| NPV Ordinary Shares |
||||||||||
| RioTinto PLC | 8,568.0D | 675.00 | 190 | 10,412.00 | 916.00 | |||||
| 10p Ordinary Shares |
||||||||||
| Royal Dutch Shell PLC | 650 | 13,787.00 | 650 | 8,680.00 | ||||||
| Euro.07 8Shares (UK | Listed) | |||||||||
| Schroder Oriental Income Fund |
8100 | 22,073.00 | 23,712.00 | |||||||
| 1POrdinary Shares |
||||||||||
| Carried forward | 535,935.00 | 429,782.00 | 496,162.00 | 378,156.00 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 3. INVESTMENTS - LISTED SECURITIES (CONTINUED) | Market value | Market value | |||||
| 31/03/2022 | Cost | 31/03/2021 | Cost | ||||
| E | E | E | |||||
| Broughtforward | 535,93500 | 429,782.00 | 496,162.00 | 378,156.00 | |||
| Shaftesbury PLC |
1087 | 6,598.00 | 8,908.00 | 970 | 7,071.00 | 8,908.00 | |
| 25 Ordinary Shares | |||||||
| Smithson Investment |
Trust | 1000 | 16,430.00 | 10,155.00 | 1000 | 16,640.00 | 10,155.00 |
| 1p Ordinary Shares |
|||||||
| SON Asset Finance Income Fund | 4070 | 366.00 | 1,622.00 | 4070 | 826.00 | 3,412.00 | |
| NPV Ordinary Shares | |||||||
| Unilver PLC |
330 | 11,670.00 | 12,023 00 | 330 | 13,273.00 | 12,023.00 | |
| 3 1/9p Ordinary Shares |
|||||||
| Veritas Funds PLC | 23 | 23,986.00 | 9,689.00 | ||||
| Asian A Funds | |||||||
| Vistry Group PLC | 305 | 2,901.00 | 4,450.00 | 305 | 3,352.00 | 4,450.00 | |
| 50p Ordinary Shares | |||||||
| Tote I | 573,900.00 | 466,940.00 | 561,310.00 | 426,793.00 |
| NOTES TO THE ACCOUNTS | CONTINUED | |||
|---|---|---|---|---|
| FOR THE YEAR ENDED 31STMARCH 2022 | 2022 | 2021 | ||
| 4. CAPITAL ACCOUNT | ||||
| Balance at 1st April 2021 | 739,752.63 | 717,842.68 | ||
| Profit on sale of investments | 49,508.53 | 21,909.95 | ||
| BALANCE AT 31STMARCH 2022 | 789,261.16 | 739,752.63 | ||
| 5.CHARITABLE CONTRIBUTIONS | ||||
| 4th Rochford Scouts | 400.00 | |||
| Abacus Counselling and Support |
5,000.00 | |||
| Age Concern Southend | 2,000.00 | 4,800.00 | ||
| Aspirations Program |
5„000.00 | |||
| British Dyslexics | 1,000.00 | 3,600.00 | ||
| Charlie Boys Angels | 2,000.0D | |||
| Coach Store Foundation | 1,000.00 | |||
| Computers for the Disabled |
1,200.00 | |||
| Reach Out For Mental Health |
2,0DO.OO | |||
| PBC Foundation | 1,580.00 | |||
| Elevator Arts CIC | 1,730.00 | 1,530.00 | ||
| East Essex Hack | 500.00 | |||
| Essex Association of Boys &Girls Clubs | 2,0DO.OO | |||
| Foulness Conservation &Archaeological |
Society | 2,000.00 | ||
| Hamlet Court Road in Harmony | 1,650.00 | |||
| Happy Days | 1,000.00 | |||
| Southchurch Park Bowling Club |
2,D00.00 | |||
| Kings Money Advice Centre | 2,000.00 | |||
| Little Heroes ASD Support Group | 2,000.00 | 1,400.0D | ||
| Livability | 4,850.00 | |||
| London BusTheatre Company | 2,000.00 | |||
| One Love Soup Kitchen | 2,500.00 | |||
| Rawcous Community | 2,000.00 | |||
| React | 1,000.00 | 1,000.00 | ||
| Rotary Thorpe Bay | 2,000.00 | |||
| Avenue Child Contact Centre |
3,200.00 | |||
| Southend Carers |
5,000.00 | |||
| Southend Citizens Advice |
4,500.00 | |||
| Southend &Leigh Methodist |
Circuit | 3,500.00 | ||
| Family Action | 3,250.00 | |||
| Southend Mencap |
2,000.00 | |||
| St Vincent de Paul Society | 1,000.00 | 5,000.00 | ||
| Vibe Southend | 2,625.00 | |||
| Welcome to the UK | 6,000.00 | 5,000.00 | ||
| Wellbeing at Garon Park |
SDO.OO | |||
| West Leigh Baptist Church | 1,5DO.OO | |||
| Carried forward | 30,76Q.00 | 75,055.00 |
| 5.CHARITABLE CONTRIBUTIONS | 5.CHARITABLE CONTRIBUTIONS | 5.CHARITABLE CONTRIBUTIONS | 5.CHARITABLE CONTRIBUTIONS | continued | continued | ||
|---|---|---|---|---|---|---|---|
| Broughtforward | 30,760.00 | 75,055.00 | |||||
| Belchamps Scout Activity Centre | 4,800.00 | ||||||
| 57West (Southend Against Modem |
Slavery) | 5,000.00 | |||||
| Trinity Family Centre | 2,340.00 | ||||||
| Brentwood Catholic |
Children's | Society | 2,500.00 | ||||
| Panathlon Foundation |
750.00 | ||||||
| Thorpe Hall School |
1,000.00 | ||||||
| Asthma Relief |
1,900.00 | ||||||
| Castle Point Social Car | Scheme | 4,0DO.OD | |||||
| Westcliff Studies | 5,000.00 | ||||||
| SEND The Right Message | 900.00 | ||||||
| Headway Essex |
1,000.00 | ||||||
| Carli Lansley Foundation | 2,500.00 | ||||||
| Bipolar UK | 1,000.00 | ||||||
| SAFE | 1,800.00 | ||||||
| RE-engage | 2,000.00 | ||||||
| HARP | 2,500.00 | ||||||
| Lifestreams | 2,800.00 | ||||||
| Field Lane Foundation | 3,000.00 | ||||||
| Kaos Youth Club | 3,720.00 | ||||||
| Bar'n Bus Trust | 3,000.00 | ||||||
| Lady McAdden Breast |
Screening | Trust | 4,000.00 | ||||
| Southend and Leigh |
Methodist | Circuit Office | 4,500.00 | ||||
| St Luke's PCC | 2,400.DO | ||||||
| The Art Ministry | 2,500.00 | ||||||
| Yoga4all | 1,500.00 | ||||||
| PEACE | 250.00 | ||||||
| Highland Methodist |
Church | 1,000.DO | |||||
| Shoebury Residents |
Association | 2,800.00 | |||||
| JazzCentre UK |
4,500.DO | ||||||
| Prost8 UK | 3,000.00 | ||||||
| Blade Foundation | 4,600.00 | ||||||
| South Essex African Caribbean | Association | 4,000.00 | |||||
| Southend Samaritans |
3,950.00 | ||||||
| Sense | 800.00 | ||||||
| South East Essex Advocacy | 2,100.00 | 4,000.00 | |||||
| CRADLE Charity | 4,800.00 | ||||||
| Southend Association |
ofVoluntary | Services (SAVS) | 3,000.00 | ||||
| Southend Christian Fellowship |
1,000.00 | ||||||
| OffThe Streets | 5,000.00 | ||||||
| Southend Community |
Outreach | Group | 4,000.00 | ||||
| Southend Hospital |
2,500.00 | ||||||
| Southend YMCA |
5,000.00 | ||||||
| Volunteering Matters |
2,000.00 | ||||||
| Willow | 1,000.00 | ||||||
| Wyvern Community |
Transport | 1,500.00 | |||||
| Tote I | 141,910.00 | 91,115.00 |