2021-04-05-accounts - G M Morrison Charitable Trust

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Trustees		Mrs JA Hunt
		Miss E H Morrison
		Mr E R H Perks
Charity number		261380
Principal address		C/o Currey & Co LLP
		33Queen Anne Street
		London
		W1G 9HY
Auditor		Kenneth Easby Limited
		Oak House
		Market Place
		Bedale
		North Yorkshire
		DL8 1AQ
Bankers		Bank ofScotland
		14/16 Cockspur Street
		London
		SW1Y5BL
Solicitors		Currey 8 Co LLP
		33Queen Anne Street
		London
		W1G 9HY
Investment	advisors	Smith &Williamson	investment	Management
		25 Moorgate
		London
		EC2R 6AY

		Page
Trustees' report
Statement oftrustees'	responsibilities
Independent auditor's	report	4-6
Statement offinancial	activities
Balance sheet
Notes to the financial	statements	9-13

				Unrestricted	Unrestricted
				funds	funds
				2021	2020
			Notes	F	6
ItLccoffgttL:
investments			2	233,931	368,043
~Ex 60dtture on:
Raising funds			3	82,053	70,171
Charitable activities			4	290,929	305,313
Total resources expended				372,982	375,484
Net gains/(losses)		on investments	8	2,761,324	(1,578,646)
Net movement	in	funds		2,622,273	(1,586,087)
Fund balances at 6April 2020				12,740,820	14,326,907
Fund balances	at	5April 2021		15,363,093	12,740,820

			2021
Fixed assets l~			8 15,320,167		12,641,122
Currant assets
Cash at bank and In	hand		107,417	128,702
Creditors: amounts	fafiing due within
one year		11	(64,511)	(29,004)
Net currem assets			42,906
Total assets less current fisbllldes			15,363,093		12,740,820
			ended
Income funds
Un stricted funds			15,363,093		12,740,820
			15,363,093		12,740,820
The financial~swere approved		by the Trustees

			2021	2020
			6	f
Administration	and accountancy	fees	19,499	7,283
Audit fees			4,200	4,200
Bank charges			30	30
			23,729	11,513
Grant funding	of activities (see	note 5)	267,200	293,800
			290,929	305,313

		Grants to	Grants to
		other	other
		Charities	Charities
		2021	2020
		6	6
Grants to	institutions:
Medical and health		114,100	125,300
Social welfare		74,100	88,400
Education	and training	25,000	25,200
Others		54,000	54,900
		267,200	293,800

							Unrestricted	Unrestricted
							funds	funds
							2021	2020
							F	F
	Revaluation Gain/(loss)		ofinvestments on sale of investments				2,335,367 425,957	(1,270,898) (307,748)
							2,761,324	(1,578,646)
9	Fixed asset investments
						Listed	Investment	Total
						investments	cash
							6
	Cost or valuation
	At 6April	2020				12,299,408	341,714	12,641,122
	Additions					3,497,175		3,497,175
	Valuation	changes				2,335,368		2,335,368
	Disposals					(2,956,280)	(197,198)	(3,153,478)
	At 5 April	2021				15,175,671	144,516	15,320,187
	Carrying	amount
	At 05April		2021			15,175,671	144,516	15,320,187
	At 05April		2020			12,299,408	341,714	12,641,122
10	Financial	instruments					2021	2020
								6
	Carrying	amount offinancia assets
	Instruments		measured	at fair value through	profit or loss		15,175,671	12,299,408

Creditors: amounts	falling due within one year
		2021	2020
			5
Other creditors		25,000
Accruals and deferred	income	39,511	29,004
		64,511	29,004

							2021	2020
2	Grants made to other charities
	Royal College of Surgeons						3,300	3,300
	International Medical Corps UK						3,200	3,200
	Royal Society of Arts Endowment			Fund			3,200	3,200
	Royal Institution						3,200	3,200
	Shelterbox						3,200	3,200
	Age UK						2,100	2,100
	Ninewells Hospital Cancer Campaign				(Dundee)			2,000
	University of Cambridge						2,000	2,000
	Arkwright Scholarships						1,800	1,800
	Bowel &Cancer Research						1,800	1,800
	Echo International Health Services Ltd						1,800	1,800
	IMPACT						1,800	1,800
	Keaton Institute						1,800	1,800
	Northwick Park Institute	of Medical Research					1,800	1,800
	Psychiatry Research Trust						1,800	1,800
	Royal Academy of Music						1,800	1,800
	Sir Harold Hillier Gardens						1,800	1,800
	SSAFA						1,800	1,800
	St. Luke's Hospital for the Clergy						1,800	1,800
	Royal Free Charity (St.Peter's		Research Trust)				1,800	1,800
	University of Liverpool						1,800	1,800
	YMCA England						1,800	1,800
	Action for Sick Children						1,700	1,700
	Alternatives to Violence	Project					1,700	1,700
	Asylum Aid							1,700
	Autism Initiative UK						1,700	1,700
	Autistlca							1,700
	Bristol Clifton and West	England		Zoological		Society Ltd	1,700
	The Boys' Club House							1,700
	Brain Tumour Charity						1,700	1,700
	British Refugee Council
	British Liver Trust						1,700	1,700
	Care for the Family						1,700	1,700
	CLAPA						1,700	1,700
	Combat Stress						1,700	1,700
	Deptford Action Group for the Elderly						1,700	1,700
	Gurkha Welfare Trust						1,700	1,700
	Happy Days						1,700	1,700
	Hearing Dogs for Deaf People (was Hearing					Link)	1,700	1,700
	Independent Age						1,700	1,700
	Kenward Trust							1,700
	Medical Engineering Resource		Unit				1,700	1,700
	Mission Aviation Fellowship						1,700	1,700
	National Migraine Centre							1,700
	Durham Students Union	(was Nightline)						1,700
	West Coast Crash Wheelchair		Rugby					1,700
							72,600	84,800

							2021	2020
2	Grants made to other	charities
	Balance brought forward						72,600	84,800
	Open Doors						1,700	1,700
	PDSA						1,700	1,700
	React						1,700	1,700
	Refugee Council Day Centre						1,700	1,700
	Shelter						1,700	1,700
	TBAlert						1,700	1,700
	University College London		Charitable			Foundation	1,700	1,700
	Zoological Society London						1,700
	Designability (was Bath	institute			of Medical Engineenng)		1,600	1,600
	Hereford Cathedral Perpetual			Trust (EP)			1,600	1,600
	Hospice UK (was Help the		Hospices)				1,600	1,600
	Opera North (EP)						1,600	1,600
	The Courtyard, Hereford	(EP)					1,600	1,600
	Water Aid						1,600	1,600
	Alzheimer's Society (was Alzheimer's					Disease Society)	1,500	1,500
	Alzheimer's Research Trust						1,500	1,500
	DePaui UK (was Alone	in	London)				1,500	1,500
	Brandon Centre							1,500
	Centrepoint						1,500	1,500
	Clergy Support Trust (was		Sons		and	Friends of the Clergy)	1,500	1,500
	Carers Trust						1,500	1,500
	DeafBlind UK						1,500	1,500
	Livabiiity						1,500	1,500
	Mental Health Foundation						1,500	1,500
	Samaritans						1,500	1,500
	TWJ Foundation						1,500	1,500
	Wellbeing of Women						1,500	1,500
	WellChild						1,500	1,500
	St.Mungo's Association						1,500	1,500
	Family Holiday Association						1,500	1,500
	Revitalise Respite Holidays		(was		Vitalise)		1,500	1,500
	A Rocha International						1,400	1,400
	Barnabus Fund						1,400	1,400
	Cardiac Risk in the Young						1,400	1,400
	Tools for Self Reliance						1,400	1,400
	Bradley PCC						1,400	1,400
	Brain Research Trust						1,400	1,400
	British Lung Foundation						1,400	1,400
	Castle Howard Arboretum		Trust				1,400	1,400
	Catch 22						1,400	1,400
	Central &Cecil Housing	Trust					1,400	1,400
	Christian Aid						1,400	1,400
	Re- Engage (was Contact		the	Elderly)			1,400	1,400
	Dick Bridgeman TRA Foundation						1,400	1,400
	Family Action						1,400	1,400
	Fight for Peace (UK)						1,400	1,400
	Fight for Sight						1,400	1,400
	Fittleworth PCC						1,400	1,400
	Foyer Federation							1,400
	Hope and Homes for Children						1,400	1,400
	Royal College of Anaesthetists						1,400	1,400
	Royal Society of Edinburgh							1,400
	StChristopheys Hospice						1,400	1,400
							147,800	162,600

APPENDIX 1
FOR THE YEAR ENDED 5		APRIL			2021
												2021	2020
2 Gmnts made to other	charities											6	2
Balance brought forward												f47,600	162,600
Farleigh PCC (was St.	Martine				Ellisfield			)				1,400	1,400
Stopham PCC												1,400	1,400
Young Women's Trust												1,400	1,400
CHICKS												1,400	1,400
Contact a Family												1,400	1,400
DEBRA												1,400	1,400
Dendrology Charitable	Company												1,400
Field Lane Foundation												1,400	1,400
Friends of Leeds International					Pianoforte				Competition			1,400	1,400
Gastroenterology and Nutrition					Research				Trust			1,400	1,400
Blood Cancer UK (was	Bloodwise)											1,400	1,400
Lodge Hill													1,400
Macmillan Cancer Support												1,400	1,400
Bipolar UK (was The Bipolar Organisation)												1,400	1,400
Missionaries ofAfrica												1,400	1,400
Parham PCC												1,400	1,400
Physically Handicapped		8	Able		Bodied							1,400	1,400
Prostate Cancer Research			Centre									1,400	1,400
Raleigh International												1,400	1,400
Royal Botanical Garden		Kew										1,400	1,400
Shipley PCC												1,400	1,400
South Downs Planetarium			Trust									1,400	1,400
Kidney Fund (was South		West Thames						Kidney Fund)				1,400	1,400
St. Wilfrids Hospice												1,400	1,400
THET												1,400	1,400
Bibles for Children												1,200	1,200
Breastcancer Now (was		Breakthrough					Breast Cancer)						1,200
Brendoncare Foundation												1,200	1,200
British Genatrics Society												1,200	1,200
English Symphony Orchestra				(EP)								1,200	1,200
NSPCC (Childiine)												1,200	1,200
Church Army												1,200	1,200
Child Health Research Chartable						lncorp		Org				1,200	1,200
Disabled Living Foundation												1,200	1,200
Hft (Home Farm Trust )												1,200	1,200
INSPIRE Foundation												1,200	1,200
King Edward Vll Hospital, Sister					Agnes								1,200
Langley House Trust												1,200	1,200
Marie Curie Cancer Care												1,200	1,200
Help Musicians UK (Musicians				Benevolent					Fund)			1,200	1,200
Pain Relief Foundation												1,200	1,200
Parochial Chuch Council		of Baydon											1,200
Prisoners Abroad												1,200	1,200
Prostate Cancer UK												1,200	1,200
Royal School of Church		Music										1,200	1,200
Sense												1,200	1,200
Sequal Trust												1,200	1,200
Western Sussex Hospitals			Charity			(was		St.Richard's		Hospital	C/T)		1,200
Stroke Association												1,200	1,200
												204 000	226400

							2021	2020
2	Grants made to other charities						2
	Balance brought forward						204,000	226,400
	Royal Trinity Hospice (was Trinity			Hospice)			1,200	1,200
	Action on Hearing Loss (Deafness			Research		UK )	1,000	1,000
	Everyone Can (was AIDIS Trust)						1,000	1,000
	Anthony Nolan Bone Marrow	Trust					1,000	1,000
	Versus Arthritis (was Arthritis Back Care	Research			UK)		1,000 1,000	1,000 1,000
	Bible Society						1,000	1,000
	Penny Brohn Cancer Care						1,000	1,000
	Sritish Heart Foundation						1,000	1,000
	British Limbless Ex-Servicemen's			Association			1,000	1,000
	British Red Cross						1,000	1,000
	Brittle Bone Society						1,000	1,000
	CALIBRE						1,000	1,000
	Canine Partners for Independence						1,000	1,000
	Changing Faces						1,000	1,000
	Children's Liver Disease Foundation						1,000	1,000
	Christian Medical Fellowship						1,000	1,000
	Compaid Trust							1,000
	Crimestoppers						1,000	1,000
	Crisis						1,000	1,000
	Cruse Bereavement Care						1,000	1,000
	Cystic Fibrosis Research Trust						1,000	i,000
	Demand						1,000	1,000
	Disabilities Trust						1,000	1,000
	Fitzroy Support						1,000	1,000
	EMMAUS						1,000	1,000
	Feed the Minds						1,000	1,000
	Fittleworth & District Horticultural		Society				1,000	1,000
	Gingerbread						1,000	1,000
	Headway the brain injury association						1,000	1,000
	House of St.Bamabas in Soho						1,000	1,000
	Plan UK (Interact Worldwide)						1,000	1,000
	Kidney Research UK						1,000	1,000
	Lifewords (was SGM Lifewords)						1,000	1,000
	Liverpool School of Tropical	Medicine					1,000	1,000
	Matthew Trust						1,000	1,000
	McCabe Educational Trust							1,000
	Meningitis Research Foundation						1,000	1,000
	Migraine Trust						1,000	1,000
	Miidmay International						1,000	1,000
	Missing People						1,000	1,000
	Missions to Seafarers						1,000	1,000
	Motor Neurone Disease Association						1,000	1,000
	Multiple Sclerosis Society						1,000	1,000
	Potential Plus UK						1,000	1,000
	National Churches Trust						1,000	1,000
	New Bridge						1,000	1,000
	Nl Council for Integrated Education						1,000	1,000
							250,200	274,600

						2021
2	Grants made to other charities
	Balance brought	forward				250,200	274,600
	Pestaiozzi					1,000	1,000
	Peter Le Marchant	Trust				1,000	1,000
	Possum Trust					1,000	1,000
	RAF Benevolent Fund					1,000	1,000
	RNIB (was TNAUK)					1,000	1,000
	Royal British Legion					1,000	1,000
	F(shermen's Mission RSPB		(was	Royal National	Mission to Deep Sea Fishermen)	1,000 1,000	1,000 1,000
	Salmon Youth Centre					1,000	1,000
	Salvation Army					1,000	1,000
	Save the Children						1,000
	Seafarers Uk						1,000
	Sight Savers St.John's Hospice					1,000 1,000	1,000 1,000
	Steyning Museum					1,000	1,000
	Tenovus					1,000	1,000
	The Tree Register					1,000	1,000
	Tum2us					1,000	1,000
	UK Youth					1,000	1,000
	Victim Support Sussex
	Woodland Trust					1,000	1,000
	YMCA Norfolk					1,000	1,000
	Pnor year donations		written	off		(2,000)	(1,800)
						267,200	293,800

	G M MORRISON CHARITABLE TRUST	G M MORRISON CHARITABLE TRUST	G M MORRISON CHARITABLE TRUST								No. Of	TOTAL	VERAGE
	SUMMARY	OF GRANTS	MADE								Grants	2	2
1	MEDICAL &	HEALTH	A, Medical Research	&Su					ort		58	69,700	1,202
			B.Disabled Mental	&	Ph		sical				23	27,100	1,178
			C. Professional Bodies			Medical					2	4,700	2,350
			D. Hos itals/Hos ices								9	9,400	1,044
			E.Res ite Care								2	3,200	1,600
									SUB-TOTAL		94	114,100	1,214
2	SOCIAL WELFARE		F.Benevolent Associations								2	2,400	1,200
			G. Residential 8 Nursin				Homes				3	3700	1,233
			H. Elderl Su ort								6	8,100	1,350
			I.Youn Peo le Homes J.Homeless			and			Su	ort	13 9	17,900 12,300	1,377 1,367
			K. Dru s and Alcohol
			L. Prisoners								2	2,200	1,100
			M. Refu ees and Immi		rants
			N. Counsellin and Advice					Social			3	4,200	1,400
			O. Crime Prevention/Victim					Su		ort	2	2,000	1,000
			P. Holida s								2	2,500	1,250
			Q. Housin Trusts								1	1,400	1,400
			R. Families								5	6,900	1 380
			CC. Welfare General								9	10500	1,167
									SUB-TOTAL		57	74,100	1,300
3	EDUCATION	&TRAININ	S.Universities, Coll		es	&Adult				Educatio	4	5,600	1,400
			T.Schools
			U. Music and Arts								8	13,000	1,625
			V.S iritual and Reli	ious			Education				5	6,400	1,280
									SUB-TOTAL		17	25,000	1,471
4	OTHERS		W. Overseas Aid/UK	Aid							12	20 100	1,675
			X.Churches								10	14,200	1,420
			Y.Conservation, Nature								11	15,100	1,373
			Z. Research General		less			Medical			1	3,200	3,200
			AA. S orts and Recreation									1,400	1,400
									SUB-TOTAL		35	54,000	1,543
			GRAND TOTAL								203	267,200	1,316

ments h	eld at 5th April 2021
al	Shareholding		Market Value
			6
602,000	T.Bailey Fund Services Ltd Evenlode Global Inc F6 Dist		776,279
339,269	T. Bailey Fund Services Ltd Evenlode Inc C Dist		772,515
84,000	Baillie Gifford &Co Positive Change		290,892
550,000	Baillie Gifford & Co Resources Global Equity	Inc B Dist	741,400
150,000	Baillie Gifford & Co UK Growth Trust		352,500
184,000	City of London Investment Trust Ord		696,440
6,800	CG Portfolio Fund pic Absolute Return Class	M 2	895,968
4,330	CG Porffolio Fund pic Dollar Fund 2 Holding		451,662
532,047	Charities Property Fund		661,760
300,000	Cordiant Digital Infrastructure		298,800
37,500	Cordiant Digital Infrastructure SUB SHS		1,313
35,000	DB ETC Index pic Xtrackers Physical Gold 2		328,300
2,020	Edgewood LSelect US Select Growth I D H 2		670,115
6,700	Findlay Park Funds pic American US$		808,423
34,600	First State Inv (HK) Asian Equity Plus III US$	Inc	517,515
175,000	First State Inv (HK) Stewart Inv Asia Pacific Leaders B		520,258
151,000	JPMorgan Asset Man. UK Ltd. US Equity inc	C	563,985
252,000	Link Fund Solutions Ltd If Ruffer total		928,948
485,000	Link Fund Solutions Ltd Trojan Income S Inc		853,746
140,000	Link Fund Solutions Ltd Trojan S Income		399,994
26,500	Liontrust Fund Partners LLP UK Smaller Co's	Inc	540,733
513,000	Majedie Asset Management UK Income X Inc		685,778
61,100	Morgan Stanley Inv Man. Global Brands Equity Income F6		746,257
21,000	RIT Capital Partners P1 Ord		502,950
409,816	Schroder U.T.Asian Income L Inc		328,057
163,437	United Kingdom (Govt of) 1.25/o Index Linked	Stock 22/1 1/202	325,900
4,980	Vanguard Inv Series US Govt Bond Index Inv	2 Inc	515,183
	Cash		144,516
			15,320,187