Inteniionally Blank
| unds. The | fol | lowing inv |
estments r |
epresent more |
than 5 | ofthe Fund's invest | ment portfolio: |
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| UK bonds | 8Lshares | 7.059o | |||||
| iShares GBPCorporate Bond |
36,542 | 35,807 | |||||
| International | investment | trusts | 53.01' | 49.29% | |||
| Aberdeen | Asian income | Fund | 33,075 | 37,275 | |||
| Bankers' | Investment Trust |
50,700 | 47,500 | ||||
| FRC Investment Trust pic |
34,150 | 42,420 | |||||
| Scottish American Invest |
Co pic | 57,330 | 54,275 | ||||
| Blackrock | Worid Mining | Trust | 30,514 | 27,208 | |||
| Schroder | Oriental Income fund |
27,198 | 30,168 | ||||
| UK investment | trusts | 39.479o | 44.43% | ||||
| 1PMorgan | Fleming Mid Cap |
33,744 | 42,370 | ||||
| Schroder | Income Growth | fund | 47,800 | 57,300 | |||
| Murray Income Trust pic |
37,230 | 43,146 | |||||
| Cash | 0.47Yo | 0.09% |
| Full Name | The Curriers' Company |
Charitable | Charitable | Fund. | ||||
|---|---|---|---|---|---|---|---|---|
| Registered | Charity No | 261405 | ||||||
| Constitution | Scheme dated 19June | 1970 & | Addendum | to the Scheme dated 4 | July | |||
| 2015 | ||||||||
| Objects | For such purpose or purposes being charitable |
by the laws of England | as | |||||
| the Trustees shall from | time | to time determine. | ||||||
| Correspondence | Oak Lodge, 4 Greenhill | Lane | ||||||
| Address | Wimbo me |
|||||||
| Dorset | ||||||||
| BH21 2RN | ||||||||
| Master | M McNeil (Trustee) | elected 16th October 2020 | ||||||
| M McNeil (Trustee) | until | 16th Octo | ber 2020 | |||||
| J Kean (Trustee) | until | 11th October | 2019 | |||||
| Upper | N Bryant (Trustee) | elected 16th October 2020 | ||||||
| Warden | N Bryant (Trustee) | until | 16th October | 2020 | ||||
| M McNeil (Trustee) | until | 11th October | 2019 | |||||
| Renter | HH R Hawkins (Trustee) |
elected 16th October 2020 | ||||||
| Warden | HH R Hawkins (Trustee) |
until | 16th October | 2020 | ||||
| N Bryant (Trustee) | until | 11th October | 2019 | |||||
| Chairman, | C Heaps (Trustee) | elected 24'" October 2018 | ||||||
| Charity Committee | HH R Hawkins (Trustee) |
until | 24'" October | 2018 | ||||
| Clerk | Mr A Rafferty | |||||||
| Bankers | HSBC pic | |||||||
| City of London Branch | ||||||||
| 60Queen Victoria Street | ||||||||
| London EC4N 4TR |
||||||||
| Accountants | McGills | |||||||
| Oakley House | ||||||||
| Tetbury Road |
||||||||
| Cirencester | ||||||||
| Gloucestershire GL7 1US |
||||||||
| Investment | Fiske PLC | |||||||
| Adviser | Salisbury House |
|||||||
| London Wall | ||||||||
| London EC2M 5QS |
| Notes | 2020 | 2020 | 2020 | 2019 | |||
|---|---|---|---|---|---|---|---|
| Designated | Unrestricted | Totai | Total | ||||
| Funds | Funds | Funds | Funds | ||||
| E | E | E | E | ||||
| Income and Endowments | |||||||
| Donations and legacies |
12,767 | 12,767 | 15,949 | ||||
| Earned from charitable | activities | 3,744 | 3,744 | 3,852 | |||
| Earned from other activities | 7,291 | 7,291 | 0 | ||||
| Investment income |
41,693 | 41,693 | 42,271 | ||||
| 65,495 | 65,495 | 62,072 | |||||
| Resources Expended | |||||||
| Charitable Activities |
|||||||
| Donations | 56,539 | 56,539 | 53,631 | ||||
| Support costs | 2,369 | 2,369 | 2,025 | ||||
| Costs ofgenerating funds |
|||||||
| Investment management |
3,087 | 3,087 | 3,429 | ||||
| Governance costs |
4,991 | 4,991 | 2,798 | ||||
| (66,986) | (66,986) | (61,883) | |||||
| Transfer between funds |
|||||||
| Total resources expended | (66,986) | (66,986) | (61,883) | ||||
| Net Income/(expenditure) | and | ||||||
| net movement in funds |
before | (1,491) | (1,491) | 189 | |||
| gains and losses on investments | |||||||
| Gains/(losses) on investments |
(59,068) | (59,068) | 1,228 | ||||
| Net movement in funds |
(60,559) | (60,SS9) | 1,417 | ||||
| Total Funds brought forward |
10,000 | 1,228,111 | 1,238,111 | 1,236,694 | |||
| Total Funds at 30September 2020 | f10,000 | f1,167,552 | f1,177,552 | f1,238,111 |
| BALANCE SHEETat 30September 2020 | |||
|---|---|---|---|
| Notes | 2020 f |
2019f | |
| FIXED ASSETS | |||
| Tangible Assets | 625,000 | 625,000 | |
| Investments | 516,265 | 578,395 | |
| TOTAL FIXEDASSETS | 1,141,265 | 1,203,395 | |
| CURRENT ASSETS | |||
| Debtors | 1,892 | 2,614 | |
| Cash at bank and in hand | 35,671 | 33,218 | |
| TOTAL CURRENT ASSETS | 37,563 | 35,832 | |
| CURRENT I.IABILITIES | |||
| Creditors falling due within one year | 1,276 | 1,116 | |
| Net Current Assets | 36,287 | 34,716 | |
| NET ASSETS | K1,177,552 | E1,238,111 | |
| Represented by: |
|||
| Restricted income funds |
10,000 | 10,000 | |
| Unrestricted income funds |
1,167,552 | 1,228,111 | |
| TOTAL. CHARITy FUNDS | K1,177,552 | E1,238,111 |
| 2 INVESTMENT INCOME |
2020 | 2019 |
|---|---|---|
| Bank interest received | 22 | 24 |
| Rent receivable | 21,000 | 21,521 |
| Dividends from UK equities and unit trusts |
20,671 | 20,726 |
| f41,693 | 842,271 | |
| 3 CHARITABLE GRANTS |
||
| City ofLondon | 6,675 | 6,675 |
| Education | 21,780 | 17,563 |
| Military Affiliations |
2,000 | 1,900 |
| General Donations | 26,084 | 27,493 |
| f56,539 | 853,631 |
| Charitable | Governance | 2020 | 2019 | |
|---|---|---|---|---|
| Activity | Total | T'otat | ||
| PA | 53 | |||
| Accountancy | 1,994 | 1,994 | 1,649 | |
| Insurance | 375 | 375 | 323 | |
| Legal | 4,991 | 4,991 | 2,798 | |
| Total | E2369 | E4,991 | E7,360 | E4,823 |
| 2020 | 2019 | |
|---|---|---|
| Carrying value at 1October 2019 |
625,000 | 625,000 |
| Carrying value at 30September 2020 |
f625,000 | f625,000 |
| 6 FIXED ASSET INVESTIVIENTS |
||
| Market value at 1October 2019 | 577,899 | 579,369 |
| Additions to investments at cost |
29,061 | 23,397 |
| Proceeds ofsales | (31,837) | (26,095) |
| Add net gain on revaluation | (59,068) | 1,228 |
| Market value at 30September 2020 | E516,055 | F577,899 |
| Cash held by Fielding's | 210 | 496 |
| Total Market Value at 30September 2020 | 5516,265 | 5578,395 |