| TRUSTEES | Mr. N. Gayner | |||
|---|---|---|---|---|
| Mr.J.Harland | ||||
| Mr. A. Quinn | ||||
| Miss. C.Sternshine | ||||
| Mrs.J.Bailey | ||||
| CHARITY NUMBER | 259907 | |||
| PRINCIPAL OFFICE | 1Moat End | |||
| Thorpe Bay | ||||
| Southend on Sea |
||||
| Essex551SQA | ||||
| INDEPENDENT | EXAMINER | Azets | ||
| 1/5 Nelson Street | ||||
| Southend-on-Sea | ||||
| Essex 5511EG | ||||
| BANKERS | Barelays Business Centre | |||
| 127 High Street | ||||
| Southend-on-Sea | ||||
| Essex 551 1LH | ||||
| SOLICITORS | Drysdales | |||
| Cumberland House |
||||
| 24-28 Baxter Avenue | ||||
| Southend on Sea |
||||
| Essex 552 6HZ | ||||
| INVESTMENT | ADVISERS | Rathbone Investments |
Management | Limited |
| 1Curzon Street | ||||
| London W1ISFB |
| STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | Income funds | Income funds | |||
|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31STMARCH 2023 | Note | General | Purposes | ||||
| 2023 | 2022 | ||||||
| E | E | ||||||
| INCOMING RESOURCES |
|||||||
| Rents receivable | 143,200.83 | 137,851.86 | |||||
| Bank deposit interest | 18.30 | 1.40 | |||||
| Dividend income |
18,099.04 | 17,461.58 | |||||
| Untaxed interest | |||||||
| Charitable Donations |
|||||||
| Other | 200.00 | ||||||
| TOTAL INCOMING RESOURCES |
161,318.17 | 155,514.84 | |||||
| EXPENDITURE | |||||||
| DIRECT CHARITABLE | EXPENDITURE | ||||||
| Charitable contributions |
131,760.00 | 141,910.00 | |||||
| FUND-RAISING COSTS |
|||||||
| Arrears written off | |||||||
| Property expenses: | |||||||
| Council tax | |||||||
| Insurance | 5,880.81 | 5,156,41 | |||||
| Repairs | 10,563.60 | 6,262.60 | |||||
| Agents' commission | 10,933.31 | 11,073.18 | |||||
| Light and heat | |||||||
| Professional fees |
3,118.80 | 1,106.40 | |||||
| 30,496.52 | 23,598.59 | ||||||
| MANAGEMENT AND |
ADMINISTRATION | OF | THE CHARITY | ||||
| Secretarial expenses | 1,500.00 | 1,500.00 | |||||
| Investment advisors |
management | fees | 3.879.78 | 4,037.98 | |||
| Accountancy charges |
3,090.00 | 3,000.00 | |||||
| Website | 112.67 | 112.67 | |||||
| Bank Charges | 102.00 | 90.00 | |||||
| Professional fees |
440.00 | ||||||
| 8,684.45 | |||||||
| TOTAL EXPENDITURE | 170,940.97 | 174,689.24 | |||||
| NET INCOMING RESOURCES |
(9,622.80) | (19,174.40) | |||||
| Total funds brought | forward | (10,219r42) | 8,954.98 | ||||
| TOTAL FUNDS CARRIED FORWARD | (19,842.22) | (10,21942) |
| NOTES TO THE ACCOUNTS | CONTINUEO | CONTINUEO | CONTINUEO | |||||
|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31STMARCH | 2023 | |||||||
| 2023 | 2022 | |||||||
| Market value | Market value | |||||||
| 3. INVESTMENTS —LISTED SECURITIES |
31/03/2023 f |
Cost f |
31/03/2022 f |
Cost f |
||||
| Admiral Group PLC |
290 | 6,183.00 | 8,946.00 | 290 | 7,433.00 | 8,946,00 | ||
| 0.1p Ordinary Shares |
||||||||
| Artemis Fund MGRS |
18000 | 16,189.00 | 16,795.00 | |||||
| Corporate Bond F |
||||||||
| AstraZeneca PLC |
100 | 11,594.00 | 8,078.00 | 100 | 10,334.00 | 8,078.00 | ||
| U5D 0.25 Ordinary Shares |
||||||||
| Bg M European Value |
1200 | 5,639.00 | 4,958.00 | |||||
| 10p Ordinary Shares |
||||||||
| Baillie Gifford Shin Nippon | 6000 | 8,940.00 | 10,471.00 | 6000 | 10,284.00 | 10,471.00 | ||
| 25p Ordinary Shares |
||||||||
| Barclays Bank PLC | 5000 | 5,236.00 | 4,826.00 | |||||
| 5.75SSMTN (14.09.2026) | ||||||||
| Blackrock Fund Managers | 7500 | 13,668.00 | 8,931.00 | 7500 | 13,406.00 | 8,931.00 | ||
| Conti European Income D |
Inc | |||||||
| Blackrock North American | IT | 8800 | 16,412.00 | 17,262.00 | 8800 | 18,084.00 | 17,262.00 | |
| 1p Ordinary Shares |
||||||||
| BunzlPLC | 180 | 5,533.00 | 3,756.00 | 380 | 11,704.00 | 7,929.00 | ||
| 32 1/7 Ordinary Shares |
||||||||
| Capital Geadng Trust PLC | 380 | 18,088.00 | 16,657.00 | 380 | 19,570.00 | 16,657.00 | ||
| 25p Ordinary Shares |
||||||||
| CCJapan inc &Growth Trust | 11000 | 16,418.00 | 13,370.00 | 11000 | 16,885.00 | 13,370.00 | ||
| 1p Ordinary Shares |
||||||||
| CCJapan inc & Growth Trust | 2200 | 99.00 | 294.00 | |||||
| 0.1p Sub Shares | ||||||||
| City of London Inv Trust PLC |
3800 | 16,017.00 | 16,963.00 | |||||
| 25 Ordinary Shares | ||||||||
| Cordiant Digi Infrastructute |
NPV | 13000 | 10,790.00 | 13,003.00 | ||||
| Ordinary shares |
||||||||
| Croda International PLC |
100 | 6,356.00 | 1,837.00 | 100 | 8,028.00 | 1,837.00 | ||
| 10.609756p Ordinary Shares |
||||||||
| Edgewood LSelect Fund |
76 | 20,006.00 | 6,377.00 | 76 | 23,685.00 | 6,377.00 | ||
| USSelect Growth IZ (USD) |
||||||||
| Experian PLC |
200 | 5,362.00 | 5,270.00 | |||||
| USD 0.10Ordinary Shares |
||||||||
| Findlay Park Funds |
18,423.00 | 4,596.00 | 140 | 19,202.00 | 4,596.00 | |||
| American Fund Unhedged |
(GBP) | |||||||
| First State Investments (UK) |
7600 | 17,669.00 | 15,614.00 | 7600 | 18,218.00 | 15,614.00 | ||
| Global Listed Infra 8 Inc | ||||||||
| Foresight Solar Funds Umited | 8250 | 9,108.00 | 8,745.00 | 8250 | 9,174.00 | 8,745.00 | ||
| Ordinary Shares |
||||||||
| Greencoat UK Wind PLC |
10000 | 9,538.00 | 9,525 00 | |||||
| Euro 0.01Ord Shares | ||||||||
| HBM Healthcare Investments |
72 | 13,741.00 | 11,392.00 | 72 | 15,654.00 | 12,002.00 | ||
| CHF 57.00A Shares | ||||||||
| Carried | forward | 225,355.00 | 180,884.00 | 227,315.00 | 167,597.00 |
| FOR THE YEAR ENDED | 31 | STMARCH | 2023 | |||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Market value | Market value | |||||||
| 3. INVESTMENTS - LISTED SECURITIES (CONTINUED) | 31/03/2023 f |
Cost f |
31/03/2022 f |
Cost f |
||||
| Brought forward | 225,355.00 | 180,884.00 | 227,315.00 | 167,597.00 | ||||
| HICL Infrastructure Co |
Ltd | 8500 | 13,226.00 | 14,696.00 | 8500 | 15,300.DO | 14,696.00 | |
| 0.01p Ordinary Shares |
||||||||
| J P Morgan Emerg MKTS |
INV TST | 9800 | 10,506.00 | 12,634.00 | 9800 | 11,270.00 | 12,634.00 | |
| 2.5p Ordinary Shares |
||||||||
| LXI Riet PLC | 6800 | 6,620.00 | 8,784.00 | 6800 | 10,146.00 | 8,784.00 | ||
| 1p Ordinary Shares |
||||||||
| Londonmetrics Property |
PLC | 4600 | 7,990.00 | 8,407.00 | 4600 | 12,733.00 | 8,407.00 | |
| 10p Ordinary Shares |
||||||||
| M&G Securities | 20043 | 18,464.00 | 20,852.00 | |||||
| Global Macro Bond | ||||||||
| Macquaire Group LTD |
94 | 9,027.00 | 4,956.00 | 94 | 11,302.00 | 4,956.00 | ||
| NPV Ordinary Shares |
||||||||
| Mayfair Capital Investments | 17718 | 17,220.00 | 13,053.00 | |||||
| Property inc Trust for Charity |
||||||||
| Mercantile Investment |
TST PLC | 7150 | 13,814.00 | 16,S48.00 | 7150 | 15,730.00 | 16,848.00 | |
| 2.5p Ordinary Shares |
||||||||
| Chrysalis Investments |
Ltd | 6000 | 3,378.00 | 6,222.00 | 6000 | 10,632.00 | 6,222.00 | |
| Ordinary Shares |
||||||||
| Murry International Trust PLC |
1950 | 26,169.00 | 24,014.00 | 1950 | 24,921.00 | 24,014,00 | ||
| 25p OrdinaryShares | ||||||||
| UK Specialist Equity FAcc |
||||||||
| National Grid Elec Dist |
5000 | 5,183.00 | 5,057.00 | |||||
| 5.875fs Snr (25.03.2027) | ||||||||
| National Grid PLC |
870 | 9,822.00 | 4,985.00 | 870 | 10,536.00 | 4,985.00 | ||
| 12.431289p Ordinary | Shares | |||||||
| North American Income |
Trust | SSOO | 24,376.00 | 24,223.00 | 8800 | 26,400.00 | 24,223.00 | |
| Sp Ordinary Shares |
||||||||
| Novartis AG |
92 | 7,041.00 | 5,952.00 | 92 | 6,195.00 | 5,952.00 | ||
| 0.5Shares(Read) | ||||||||
| Patheon Infrastructure |
PLC | 5200 | 4,410.00 | 5,543.00 | ||||
| 10p Ordinary Shares |
||||||||
| Persimmon PLC |
410 | 4,936.00 | 10,3D9.00 | 200 | 4,424.00 | 5,844.00 | ||
| 10p Ordinary Shares |
||||||||
| Polar Capital Fund | 3700 | 24,827.00 | 27,625.00 | 3700 | 27,639.00 | 27,625.00 | ||
| Global Convertible 5inc |
(GBP) | |||||||
| Prudential PLC |
590 | 6,508.00 | 8,427.00 | 590 | 6,688.00 | 8,427.00 | ||
| Sp Ordinary Shares |
||||||||
| Rathbone Unit Trust MGT |
14000 | 11,869.00 | 14,116.00 | 14000 | 13,712.00 | 14,116.00 | ||
| Ethical Bond 5inc (GBP) | ||||||||
| Carried forward | 415,057.00 | 383 68200 | 470,627.00 | 389,235.00 |
| NOTES TO THE ACCOUNTS | NOTES TO THE ACCOUNTS | NOTES TO THE ACCOUNTS | CONTINUED | CONTINUED | |||||
|---|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED | 31ST | MARCH | 2023 | ||||||
| 2023 | 2022 | ||||||||
| Market value | Market value | ||||||||
| 3. INVESTMENTS - LISTED SECURITIES (CONTINUED) | 31/03/2023 | Cost | 31/03/2022 | Cost | |||||
| f | E | f | E | ||||||
| Brought forward | 415,057,00 | 383,682.00 | 470,627.00 | 389,235.00 | |||||
| Rathbone Unit Trust MGT |
12000 | 10,625.00 | 10,814.00 | ||||||
| High Quality Bond 5 Dist |
|||||||||
| Reckitt Benckiser Group | PLC | 140 | 8,870.00 | 6,360.00 | 140 | 8,341.00 | 6,360.00 | ||
| 10p Ordinary Shares |
|||||||||
| Renewables Infrastructure |
9166 | 11,751.00 | 9,802.00 | 9166 | 12,539.00 | 9,802.00 | |||
| NPV Ordinary Shares |
|||||||||
| Rio Tinto PLC | 7,396.00 | 675.00 | 140 | 8,568.00 | 675.00 | ||||
| 10p Ordinary Shares |
|||||||||
| Royal Dutch Shell PLC | 650 | 15,360.00 | 650 | 13,787.00 | |||||
| Euro.07 8Shares (UK |
Listed) | ||||||||
| Schroder Oriental Income Fund |
8100 | 20,736.00 | 23,712.00 | 8100 | 22,073.00 | 23,712.00 | |||
| 1p Ordinary Shares | |||||||||
| Shaftesbury PI.C |
3647 | 4,026.00 | 8,908.00 | 3647 | 6,598.00 | 8,908.00 | |||
| 25 Ordinary Shares | |||||||||
| Smithson Investment |
Trust | 1.000 | 13,540.00 | 10,155.00 | 1000 | 16,430.00 | 10,155.00 | ||
| 1p Ordinary Shares |
|||||||||
| SQN Asset Finance Income Fund | 4070 | 304.00 | 976.00 | 4070 | 366.00 | 1,622.00 | |||
| NPV Ordinary Shares | |||||||||
| Unilver PLC |
14,152.00 | 12,023.00 | 330 | 11,670.00 | 12,023.00 | ||||
| 3 1/9p Ordinary Shares |
|||||||||
| Vistry Group PLC |
305 | 2,901.00 | 4,450.00 | ||||||
| 50p Ordinary Shares |
|||||||||
| Tata I |
521,817.00 | 467,107.00 | 573,900.00 | 466,942.00 | |||||
| 2023 | 2022 | ||||||||
| 6 | f | ||||||||
| 4. CAPITAL ACCOUNT | |||||||||
| 789,261.16 | 739,752.63 | ||||||||
| Balance at lstApril 2022 |
(980.39) | 49,508.53 | |||||||
| Profit on sale ofinvestments | 788,280.77 | 789,261.16 | |||||||
| BAIANCE AT 31STMARCH 2023 |
| NOTES TO THE ACCOUNTS | NOTES TO THE ACCOUNTS | NOTES TO THE ACCOUNTS | CONTINUED | 2023 | 2022 |
|---|---|---|---|---|---|
| FOR THE YEAR ENDED | 31STMARCH 2023 | ||||
| 5.CHARITABLE CONTRIBUTIONS | |||||
| Haemochromatosis | 1,000.00 | ||||
| Abacus Counselling | and Support | 2,000.00 | |||
| The Sunday Club |
1,700.00 | ||||
| British Dyslexics | 1,000.00 | ||||
| Active Ufe | 3,D00.00 | ||||
| Cosmetic Toiletry | 3,000.00 | ||||
| Essex Wildlife Trust | 3,250.00 | ||||
| Computers for the Disabled |
2,000.00 | ||||
| Reach Out For Mental | Health | 1,580.00 | |||
| PBC Foundation | 1,730.00 | ||||
| Parenting on Sea |
4,000.00 | ||||
| Musicality | 4,000.00 | ||||
| Friends and Places | 4,200.00 | ||||
| AR Rise Collective | 5,000.00 | ||||
| Trinket BoxPre Scholl | 5,000.00 | ||||
| Happy Days | 1,400.00 | 2,000.00 | |||
| Together Free | 5,000.00 | ||||
| Kings Money Advice | Centre | 2,000.00 | |||
| Littlelifts R/C |
2,500.DQ | ||||
| Livability | 2,000.00 | ||||
| London BusTheatre | Company | 3,500.00 | |||
| Packed with Smiles | 5,000.00 | ||||
| Rawcous Community | 1,000.00 | ||||
| React | 1,000.00 | ||||
| Rotary Thorpe Bay | 3,200.00 | ||||
| Theatre School | 5,000.00 | ||||
| Southend Christian |
Fellowship | 950.00 | |||
| StCeciga's Church | 1,000.0D | ||||
| Southend lk Leigh Methodist |
Circuit | 3,250.00 | |||
| Family Action | 2,000.00 | ||||
| Southend Mencap |
1,500.00 | 1,000.00 | |||
| StVincent de Paul Society | 2,000.00 | ||||
| Vibe Southend | 6,000.00 | ||||
| Welcome to the UK | 5,950.00 | ||||
| Raw Learning | 2,000.0D | ||||
| Phab Shop | 2,000.00 | ||||
| 72,950.00 | 30,760.00 |
| A. UINN N, GAYNER |
A. UINN N, GAYNER |
I.HARLAND | I.HARLAND | I.HARLAND | I.HARLAND | MISS C STERNSHINE AND MRSJ.BAILEY | ||
|---|---|---|---|---|---|---|---|---|
| TRUSTEES OF THE ROSCA TRUST | ||||||||
| NOTES TO THE ACCOUNTS | CONTINUED | 2023 | 2022 | |||||
| FOR THE YEAR ENDED 31ST | MARCH | 2023 | f | f | ||||
| 5.CHARITABLE CONTRIBUTIONS | continued | |||||||
| Brought forward | 72,950.00 | 30,760.00 | ||||||
| Belchamps Scout Activity Centre | 4,800.00 | |||||||
| Havens Hospices | 2,000.00 | 5,000.00 | ||||||
| Trinity Family Centre | 2,660.00 | |||||||
| Core Coach | 1,000.00 | |||||||
| Panathlon Foundation |
750.00 | |||||||
| Thorpe Hall School |
1,000.00 | |||||||
| Asthma Relief |
1,900.00 | |||||||
| Castle Point Social Car Scheme | 4,000.00 | |||||||
| Westcliff Studies | 5,000.00 | |||||||
| SENDThe Right Message | 900.00 | |||||||
| Headway Essex |
1,000.00 | |||||||
| Carli Lansley Foundation | 2,500.00 | |||||||
| Bipolar UK | 1,000.00 | |||||||
| SAFE | 1,800.DO | |||||||
| RE-engage | 2,00D.DD | |||||||
| HARP | 2,500.00 | |||||||
| Lifestreams | 2,800.00 | |||||||
| Wellbeing at Garon | Park | 2,ODD.OO | 3,000.00 | |||||
| Buglife | 2,000.DO | |||||||
| Bar'n BusTrust | 3,000.00 | |||||||
| Lady McAdden Breast Screening |
Trust | 4,000.00 | ||||||
| Southend and Leigh |
Methodist | Circuit Oftice | 4,500.00 | |||||
| St Luke's PCC | 2,400.00 | |||||||
| The Art Ministry | 2,500.00 | |||||||
| Yoga4ag | 1,500.00 | |||||||
| PEACE | 250.00 | |||||||
| Highland Methodist |
Church | 1,000.00 | ||||||
| Shoebury Residents |
Association | 2,&00.00 | ||||||
| iazzcentre UK |
4,500.00 | |||||||
| Prostg UK |
3,000.00 | |||||||
| Blade Foundation | 4,600.00 | |||||||
| South Essex Afdcan | Caribbean | Association | 4,000.00 | |||||
| Southend Samaritans |
3,950.00 | |||||||
| Sense | BDD.DO | 800.00 | ||||||
| South East Essex Advocacy | 2,500.00 | 2,100.00 | ||||||
| CRADLE Charity | 4,800.00 | |||||||
| Southend Association ofVoluntary |
Services (SAVE) | 3,000.00 | ||||||
| Southend Chdistian |
Fellowship | 1,000.00 | ||||||
| OffThe Streets | 5,000.00 | |||||||
| Southend Community |
Outreach | Group | 4,000.00 | |||||
| Southend Hospital |
2,500.00 | |||||||
| Southend and Leigh |
Methodist | Church | 5,000.00 | 5,000.00 | ||||
| Safe Steps | 1,000.00 | 1,000.00 | ||||||
| Wyvern Community |
Transport | 2,850.00 | ||||||
| Total | 94,760.00 | 141,910.00 |
| A. UINN N. GAYNE |
J.HARLAND | MISS C STERNSHINE AND MRS A BAILEY | ||
|---|---|---|---|---|
| TRUSTEES OFTHE ROSCA TRUST | ||||
| NOTES TO THE ACCOUNTS CONTINUED |
2023 | 2022 | ||
| FOR THE YEAR ENDED 31ST MARCH | 2023 | 6 | 6 | |
| 5, CHARITABLE CONTRIBUTIONS continued | ||||
| Broughtforward | 94,760.00 | 141,910.00 | ||
| Guide Dogs for the Blind | 2,000.00 | |||
| Reingage | 2,000.00 | |||
| Southend Sea Cadets |
2,000.00 | |||
| Coroners Courts Support | Service | 2,500.00 | ||
| Thundersley Methodist |
3,000.00 | |||
| Carers First | 3,400.00 | |||
| Revitalise | 3,500.00 | |||
| SEND the Right Message | 3,600.00 | |||
| Cake Club | 5,000.00 | |||
| Castle Point Social Car Scheme | 5,000.00 | |||
| Seaqulns Westcliff | 5,000.00 | |||
| Total | 131,760.00 |