**Charity Registration No. 263241** ## **B-CH 1971 CHARITABLE TRUST** **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED** **5 APRIL 2024** ## **B-CH 1971 CHARITABLE TRUST** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Settlor:** Mrs Heather Holman (died 9 March 2013) **Governing Instrument:** Trust Deed dated 8 October 1971 **Trustees:** Miss Janice Meryan Holman Edward Nicholas Reed **Charity Address:** Macfarlanes LLP 20 Cursitor Street London EC4A 1LT **Charity Registration Number:** 263241 **Solicitors:** Macfarlanes LLP 20 Cursitor Street London EC4A 1LT **Independent Examiner:** Emily Smith FCA Humphrey & Co Chartered Accountants 7 - 9 The Avenue Eastbourne East Sussex BN21 3YA **Investment Managers:** Rathbones 8 Finsbury Circus London EC2M 7AZ 1 ## **B-CH 1971 CHARITABLE TRUST** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 5 April 2024** The trustees present their Report and Accounts for the year ended 5 April 2024. The Accounts have been prepared in accordance with the accounting policies set out in Note 1 to the Accounts and comply with the charity's Trust Deed, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their Accounts in accordance with the Financial Reporting Standard (effective 1 January 2019)". ## **Objectives and Activities for the Public Benefit** The objects of the Trust allow the trustees discretion to apply the income and capital of the Trust Fund for such charitable purposes as they from time to time decide. The trustees confirm that they have referred to the guidance contained in the Charity Commission general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and setting the donations policy for the year. The Trust carries out these objects by making donations to various registered charities involved with children's and medical charities especially relating to Cornwall and Devon. The trustees have kept the level of grants made at a similar level to those made in 2023. ## **Achievements and Performance** Donations totalling £45,000 (2023 £38,000) were made during the year at the discretion of the trustees and in keeping with the aim to favour children's and medical charities especially relating to Cornwall and Devon. Details of the donations are shown in Note 11 to the Accounts. ## **Financial Review** At the year end the total fund was valued at £1,237,848.33 in comparison to £1,194,841.35 as at 5 April 2023. The trustees have considered the major risks to which the charity is exposed and have established systems and procedures to manage those risks. Investment performance is monitored regularly by the trustees including via presentations by the investment managers. The trustees consider that the spread of risk within the investment portfolio is well placed to weather the current financial uncertainties. The trustees, with the aid of their investment advisers, maintain a regular review over the major strategic, investment and operational risks that the charity faces in order that, wherever possible, such risks can be identified and accordingly steps taken to lessen these risks. It remains the aim of the trustees to distribute annually the total income of the charity after payment of the management and administration costs. In doing so the trustees aim to maintain a balance between investments for capital growth and income generation, and to maintain cash funds sufficient to fund anticipated charitable donations over the coming year. 2 ## **B-CH 1971 CHARITABLE TRUST** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 5 April 2024** The Charity's reserves are primarily investments which are held to generate income and capital growth, which provide funds to make grants in accordance with the Charity's objectives. Free cash reserves total £20,542.37 at the year end and the trustees consider that the level of reserves is appropriate to meet current activities. Further reserves can be met with the liquidation of a proportion of investments if required. The B-CH 1971 Charitable Trust is a general Charitable Trust governed by a Trust Deed dated 8 October 1971 and is a registered Charity number 263241. The trustees who served during the year were: Miss Janice Meryan Holman Edward Nicholas Reed Under the terms of the Trust Deed the power of appointing new trustees is vested in the surviving or continuing trustees. Trustees are selected having regard to both their general experience and their knowledge and experience of the objects of the trust. The trustees' solicitors Macfarlanes, provide professional trustee services and are able to offer advice to new trustees for training purposes concerning the duties of a trustee. All trustees give their time freely and they did not receive any remuneration, benefits or expenses from the charity during the year. Trustees are required to disclose all relevant interests and to withdraw from decisions where a conflict of interest arises. Rathbones are the Trust's investment adviser whose brief is to advise and manage an investment portfolio on a discretionary basis. Investments held at 5 April 2024 were acquired in accordance with the powers of the trustees. The investment strategy is set by the trustees and in doing so the trustees have regard to the income requirements, the risk profile and their investment manager's view of market prospects in the medium term. 3 B-CH 1971 CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 April 2024 Statement of Trustees. Responsibilities The trustees are responsible for preparing the Trustees, Report and the Accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountancy Practice). The Law applicable to charities in England and Wales requires the trustees to prepare Accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these Accounts, the trustees are required to-.- select suitable accounting policies and apply them consistently., observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent- state whether applicable accounting standards have been followed, subject to any departures disc105ed and explained in the Accounts., prepare the Accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure thal the Accounts comply with the Charities Act 2011, the Charity {Accounts and Reports) Regulations 2008 and the provisions of the Trust Deed. They 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. The Trustees, Report was approved by the Board of Trustees. Approved by the Trustees and signed on their behalf by: Dated I'LI,. .2024 ## **B-CH 1971 CHARITABLE TRUST** ## **Independent Examiner's Report to the Trustees of the B-CH 1971 Charitable Trust** I report to the trustees on my examination of the accounts of the B-CH 1971 Charitable Trust for the year ended 5 April 2024 which are set out on pages 6 to 15. ## **Respective Responsibilities of Trustees and Examiner** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trustees' accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1.) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or - 2.) the accounts do not accord with those records; or - 3.) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. …………………………………………………….. Emily Smith FCA Humphrey & Co Chartered Accountants 7-9 The Avenue Eastbourne East Sussex BN21 3YA **Date** ………………………………………………20 November **2024** 5 ## **B-CH 1971 CHARITABLE TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT Year Ended 5 April 2024** |**Note**
**Income and Expenditure**
**Income from:**
Investments
2
Gift
**Expenditure on:**
Raising funds
Investment Management Fees
Charitable activities:
Donations
11
Other expenditure:
Couriers
Legal Fees
Accountancy Fees
3
ARC Fees
**Total resources expended**
**Net incoming/(outgoing) resources before other**
**recognised gains/(losses)**
Net gains/(losses) on investments
6
**Net Movement in funds**
Fund balances at 6 April 2023
**Fund balances at 5 April 2024**|**2024**
44,610.25
24,333.63
68,943.88
9,211.26
45,000.00
45.90
18,000.00
2,220.00
600.00
75,077.16
(6,133.28)
49,140.26
43,006.98
1,194,841.35
£1,237,848.33|**2023**
40,785.99
25,501.00| |---|---|---| |||66,286.99| |||9,424.35
38,000.00
−
16,841.72
2,100.00
640.00| |||67,006.07| |||(719.08)
(95,582.23)
(96,301.31)
1,291,142.66| |||£1,194,841.35| ## **All funds are unrestricted** The notes on pages 8 - 15 form part of these accounts. 6 B-CH 1971 CHARITABLE TRUST BALANCE SHEET at 5 April 2024 Note 2024 2023 Fixed Assets Investments 1,217,305.96 1,124,428.67 Current Assets Debtors Cash at bank and in hand 8,836.09 14,076.28 22,912.37 8,071.49 64,441.19 72,512.68 Creditors: amounts falling due within one year (2,370.00) (2,100.001 Net current assets 20,542.37 70,412.68 Total assets less current liabilities £1,237,848.33 £1,194,841.35 Unrestricted funds 1,237,848.33 1,194,841.35 £1,237,848.33 £1,194,841.35 The notes on pages 8 - 15 form part of these accounts. The accounts were approved by the Trustees on 2024 Edward Nicholas Reed Trustee ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** ## **1 Accounting Policies** ## **Charity Information** The B-CH 1971 Charitable Trust is a general charitable trust governed by a Trust Deed dated 8 October 1971 and is a registered charity number 263241. ## **1.1 Accounting Convention** The accounts have been prepared in accordance with the charity's governing document, the Charities Act 2011, and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The accounts 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 which is referred to in the Regulations but which has since been withdrawn. The Accounts are prepared in sterling, which is the functional currency of the charity. The Accounts have been prepared under the historical cost convention, modified to include financial instruments at fair value. ## **1.2 Going Concern** At the time of approving the Accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the Accounts. ## **1.3 Charitable Funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. ## **1.4 Incoming Resources** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that the income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. The charity is a registered charity and therefore is not liable for income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities. 8 ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** ## **1.5 Resources Expended** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Costs of generating funds comprise the Investment Managers' costs associated with the management of the investment portfolio in accordance with the strategy set by the trustees. Charitable expenditure in the form of donations payable is accounted for as and when approved by the trustees and when due for payment. Other costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examination fees and legal costs linked to strategic management of the charity. ## **1.6 Fixed Asset Investments** Investments are included on the Balance Sheet at their market value at the end of the financial period. Listed investments are stated at the mid price on the London Stock Exchange and the bid prices provided by the Fund Managers for the unit trust holdings. Gains and losses on investment assets are credited, or debited, to the Statement of Financial Activities in the year in which they arise. ## **1.7 Cash and Cash Equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.8 Financial Instruments** The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## **Basic Financial Assets** Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 9 ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** ## **Basic Financial Liabilities** Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from supplier. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## **Derecognition of Financial Liabilities** Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. ## **1.9 Fund Structure** The charity holds unrestricted income funds. Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. ## **1.10 Critical accounting estimates and judgements** In the application of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. In the year ended 5 April 2024 the Trustees consider that there were no critical accounting estimates and judgements arising that require disclosure. 10 ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** |**2 Income from Investments**
Fixed Interest Securities
Income from Overseas Securities
Income received - UK Equities
Income received - Unit Trusts
Interest on Cash Deposits
Excess Reportable Income
**3 Accountancy Fees**
Independent examination of the Charity's accounts
The analysis of accountancy fees is as follows:|**2024**
**£**
4,407.10
4,431.42
23,082.37
11,509.12
1,180.24
-
44,610.25
**2024**
**£**
2,220.00|**2023**
**£**
2,628.80
3,856.90
23,995.21
10,105.05
198.83
1.20| |---|---|---| |||40,785.99| |||**2023**
**£**
2,100.00| ## **4 Trustees** None of the trustees (or any persons connected with them) received any remuneration, benefits or expenses from the Charity during the year. ## **5 Employees** There were no employees during the year. ## **6 Net Gains/(Losses) on Investments** |Revaluation of Investments
Gain/(Loss) on Sale of Investments|**2024**
**£**
49,865.73
(725.47)
49,140.26|**2023**
**£**
(87,318.51)
(8,263.72)| |---|---|---| |||(95,582.23)| 11 ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** ## **7 Fixed Asset Investments** |Listed Investments|**2024**
**£**
1,217,305.96|**2023**
**£**
1,124,428.67| |---|---|---| ## **Fixed Asset Investments Revalued** Investments are included on the Balance Sheet at their market value at the end of the financial period. Listed investments are stated at the mid price on the London Stock Exchange and the bid prices provided by the Fund Managers for unit trust holdings. The historical cost of the fixed asset investments is : £963,595.06 (2023 - £921,768.00). ## **Movements in Fixed Asset Investments** |At 6 April 2023
Additions
Valuation Changes
Note 6
Disposals
At 5 April 2024
At 5 April 2024
At 5 April 2023
**Carrying Amount**
**Cost or Valuation**|**2024**
**£**
1,124,428.67
136,781.37
49,140.26
(93,044.34)|**2023**
**£**
1,219,078.00
99,774.10
(95,582.23)
(98,841.20)| |---|---|---| ||£1,217,305.96|£1,124,428.67| ||£1,217,305.96|£1,124,428.67| ||£1,124,428.67|£1,219,078.00| 12 ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** |**8 Financial Instruments**
**Carrying Amount of Financial Assets**
Debt instruments measured at amortised cost
Equity Instruments measured at fair value through SOFA
**Carrying Amount of Financial Liabilities**
Financial liabilities measured at amortised cost
**Financial Liabilities : breakdown**
Humphrey & Co
ARC Fees
**9 Debtors**
**Amounts falling due within one year:**
Brokers Balance in transit
**10 Cash at bank and in hand**
Macfarlanes LLP
Rathbones (formerly Investec Wealth & Investment)|**2024**
**£**
8,836.09
1,217,305.96
2,370.00
2,220.00
150.00
2,370.00
**2024**
**£**
8,836.09
8,836.09
**2024**
**£**
3,278.23
10,798.05
14,076.28|**2023**
**£**
8,071.49
1,124,428.67| |---|---|---| |||2,100.00| |||2,100.00
−| |||2,100.00| |||**2023**
**£**
8,071.49| |||8,071.49| |||**2023**
**£**
12,146.08
52,295.11| |||64,441.19| 13 ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** ## **11 Charitable Donations Made By The Trust** ||**2024**|**2023**| |---|---|---| ||**£**|**£**| |Ataxia Telangiectasia Society|1,000.00|−| |Blue Cross|2,000.00|2,000.00| |Brain Tumor Support|1,000.00|−| |Brecon and District Dial A Ride Club|1,000.00|−| |British Limbless Ex-Service Man's Association|1,000.00|−| |British Red Cross|2,000.00|2,000.00| |British Wireless for the Blind Fund|1,000.00|−| |Cancer Support UK|−|1,000.00| |Care for Kids North Devon|−|1,000.00| |Carers Trust UK|2,000.00|2,000.00| |CATTs|−|1,000.00| |Chailey Heritage Foundation|−|1,000.00| |CLEAR Emotional Trauma & Therapy Specialists|−|1,000.00| |Clowns in the Sky|−|1,000.00| |Cornwall Air Ambulance|2,000.00|2,000.00| |Cornwall Hospice Care Limited|2,000.00|2,000.00| |Crohn's and Colitis UK|1,000.00|−| |Cued Speech UK|−|1,000.00| |Designability|1,000.00|−| |Dogs for Good|−|1,000.00| |Douglas Bader Foundation|−|1,000.00| |Dressability|1,000.00|1,000.00| |Encaphalitis Society|−|1,000.00| |Epilepsy Action|1,000.00|−| |Event Mobility|1,000.00|−| |Exeter Community Transport Association|−|1,000.00| |Exeter Leukaemia Fund CIO|1,000.00|−| |Go Beyond|1,000.00|−| |Go Kids Go|−|1,000.00| |Haemochromatosis UK|1,000.00|−| |Independent Age Fundraising Account|1,000.00|−| |Joss Searchlight|1,000.00|−| |Kidney Research UK|−|1,000.00| |Kids in Action - Ellie's Haven|−|1,000.00| |Lennox Children's Cancer Fund|1,000.00|−| |Living Options Devon|1,000.00|−| |Macmillan Cancer Support|2,000.00|2,000.00| |Make Them Smile|1,000.00|−| |Meningitis Now|1,000.00|−| |National Kidney Federation|1,000.00|−| |Newlife The Charity for Disabled Children|−|1,000.00| |Ovacome|1,000.00|−| |REACT|−|1,000.00| |Scope|−|1,000.00| |Sensory Trust|1,000.00|−| |Shelterbox|2,000.00|2,000.00| |Spinal Muscular Atrophy UK|−|1,000.00| |Sportability|1,000.00|−| 14 ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** |Support Dogs Ltd
Target Ovarian Cancer
Teenage Cancer Trust
The Brainwave Centre Ltd
The Children's Trust
The Cornwall Blind & Partially Sighted Association
The Leukodystrophy Charity - Alex
Versus Arthritis
Young and Free
Young Lives Vs Cancer|1,000.00
−
1,000.00
1,000.00
−
2,000.00
−
1,000.00
1,000.00
1,000.00
45,000.00|−
1,000.00
−
−
1,000.00
2,000.00
1,000.00
−
−
−| |---|---|---| |||38,000.00| ## **12 Related Party Transactions** Transactions with related parties During the period Macfarlanes LLP provided services to the charity totalling £18,000.00 (2023: £16,841.72) Mr Edward Reed is a partner of Macfarlanes LLP. All services were charged at a commercial rate. During the year, Miss J M Holman, a trustee of the charity, gifted shares valued at £24,333.63 to the charity. 15 ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024 Appendix 1** ## **Income from Investments** |**Holding**
**Date**
Aberdeen Standard
European Logistics
Income Plc Ord 1p
Shares
26,125 23/06/2023
22/09/2023
29/12/2023
HICL Infrastructure
Company Limited Ord 1p
Shares
14,569 30/06/2023
29/09/2023
29/12/2023
28/03/2024
HSBC Holdings Plc 5.75%
Sub 20/12/27 GBP1000
25,000 20/12/2023
Lloyds Banking Group Plc
7.625% Bonds EMTN
22/04/2025
25,000 22/04/2023
22/10/2023
Treasury 0.125% Index-
Linked Stock 22/11/36
14,875 22/05/2023
22/11/2023
**Overseas Dividends**
**Received**
Hipgnosis Songs Fund
Ord NPV Shares
12,000 28/04/2023
28/07/2023
**Fixed Interest**|**Overseas**
**Gross**
**Tax**
**Tax &**
**Net**
**Expenses**
£
£
£
£
75.76
75.76
28.74
28.74
96.66
96.66
205.07
205.07
294.12
294.12
168.07
168.07
168.07
168.07
1,437.50
1,437.50
953.25
953.25
953.25
953.25
13.10
13.10
13.51
13.51| |---|---| ||4,407.10
4,407.10| ||157.50
157.50
157.50
157.50| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** |**Holding**
**Date**
International Public
Partnerships Limited Ord
0.01p Shares Rights
2015/11.11.15
10,884 07/06/2023
17/11/2023
Ishares Plc FTSE 100
Fund FTSE 100 UCITS
ETF Shares NPV
6,000 28/06/2023
27/09/2023
29/12/2023
27/03/2024
Pinebridge Global Funds
Asia Ex Japan Small Cap
Equity Fund Shares
925 15/06/2023
14/09/2023
14/12/2023
Schroder Oriental Income
Fund Limited Ord 1p
Shares
7,500 05/05/2023
25/08/2023
01/12/2023
16/02/2024
JPMorgan Asset
Management JPM GBP
Liquidity Lvnav E Distribution
Shares
24,481 01/12/2023
01/01/2024
31/01/2024
01/02/2024
02/04/2024
**Overseas Security Interest**|**Overseas**
**Gross**
**Tax**
**Tax &**
**Net**
**Expenses**
£
£
£
£
421.21
421.21
441.89
441.89
624.00
624.00
501.60
501.60
360.60
360.60
285.00
285.00
21.28
21.28
21.28
21.28
21.28
21.28
150.00
150.00
150.00
150.00
435.00
435.00
150.00
150.00| |---|---| ||3,898.14
3,898.14| ||99.38
99.38
113.68
113.68
106.26
106.26
102.03
102.03
111.93
111.93| ||533.28
533.28| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** ||||||**Overseas**|| |---|---|---|---|---|---|---| ||**Holding**|**Date**|**Gross**|**Tax**|**Tax &**|**Net**| ||||||**Expenses**|| ||||£|£|£|£| |**UK Dividends**||||||| |Aberdeen Standard||||||| |European Logistics||||||| |Income Plc Ord 1p||||||| |Shares|26,125|23/06/2023|245.58|||245.58| |||22/09/2023|289.99|||289.99| |||29/12/2023|224.68|||224.68| |Associated British Foods||||||| |Plc 5 15/22p Shares|750|07/07/2023|106.50|||106.50| |||12/01/2024|95.25|||95.25| |||12/01/2024|248.25|||248.25| |Aviva Plc Ord 32 17/19p||||||| |Shares|2,280|18/05/2023|471.96|||471.96| |||05/10/2023|253.08|||253.08| |Barclays Plc Ord 25p||||||| |Shares|9,000|15/09/2023|243.00|||243.00| |||03/04/2024|477.00|||477.00| |BP Plc Ord US$0.25||||||| |Shares|5,000|23/06/2023|265.45|||265.45| |||22/09/2023|286.60|||286.60| |||19/12/2023|286.84|||286.84| |||28/03/2024|284.61|||284.61| |Bunzl Plc Ord 32 1/7p||||||| |Shares|400|04/07/2023|181.60|||181.60| |||03/01/2024|72.80|||72.80| |Compass Group Plc Ord||||||| |11.05p Shares|980|27/07/2023|147.00|||147.00| |||29/02/2024|275.38|||275.38| |Diageo Plc Ord 28||||||| |101/108p Shares|500|13/04/2023|154.15|||154.15| |||12/10/2023|245.85|||245.85| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** ||||||**Overseas**|| |---|---|---|---|---|---|---| ||**Holding**|**Date**|**Gross**|**Tax**|**Tax &**|**Net**| ||||||**Expenses**|| ||||£|£|£|£| |Greencoat UK Wind Plc||||||| |Ord 0.01p Shares|14,290|26/05/2023|312.95|||312.95| |||25/08/2023|312.95|||312.95| |||24/11/2023|312.95|||312.95| |||29/02/2024|490.15|||490.15| |GSK Plc Ord 31 1/4p GBP||||||| |(XLON) Shares|800|13/04/2023|110.00|||110.00| |||13/07/2023|112.00|||112.00| |||12/10/2023|112.00|||112.00| |||11/01/2024|112.00|||112.00| |Haleon Plc Ord 0.01 (XLON)||||||| |GBP Shares|1,000|27/04/2023|24.00|||24.00| |||05/10/2023|18.00|||18.00| |HICL Infrastructure Plc||||||| |Ord 1p Shares|14,569|30/06/2023|96.51|||96.51| |||29/09/2023|6.00|||6.00| |||29/12/2023|132.05|||132.05| |||28/03/2024|132.05|||132.05| |HSBC Holdings Plc Ord||||||| |US$0.50 Shares|3,000|27/04/2023|556.18|||556.18| |||23/06/2023|238.13|||238.13| |||21/09/2023|239.34|||239.34| |||21/12/2023|238.59|||238.59| |Law Debenture||||||| |Corporation Plc Ord 5p||||||| |Shares|5,000|13/04/2023|437.50|||437.50| |||06/07/2023|381.25|||381.25| |||26/10/2023|381.25|||381.25| |||25/01/2024|381.25|||381.25| |Lloyds Banking Group Plc||||||| |Ord 10p Shares|30,000|23/05/2023|480.00|||480.00| |||12/09/2023|276.00|||276.00| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** ||||||**Overseas**|| |---|---|---|---|---|---|---| ||**Holding**|**Date**|**Gross**|**Tax**|**Tax &**|**Net**| ||||||**Expenses**|| ||||£|£|£|£| |Mercantile Investment||||||| |Trust Plc Ord 25p Shares|17,500|11/05/2023|542.50|||542.50| |||01/08/2023|253.75|||253.75| |||01/11/2023|253.75|||253.75| |||01/02/2024|253.75|||253.75| |Persimmon Plc Ord 10p||||||| |Shares|1,200|03/11/2023|240.00|||240.00| |Polar Capital Global||||||| |Financials Trust Plc Ord||||||| |5p Shares|12,000|31/08/2023|294.00|||294.00| |||29/02/2024|252.00|||252.00| |Reckitt Benckiser Group||||||| |Plc Ord 10p Shares|200|24/05/2023|220.60|||220.60| |||15/09/2023|153.20|||153.20| |Rio Tinto Plc Ord 10p||||||| |Shares|762|20/04/2023|1,412.37|||1,412.37| |||21/09/2023|1,049.05|||1,049.05| |SDCL Energy Efficiency||||||| |Income Trust Plc GPB0.01||||||| |Shares|17,391|30/06/2023|260.87|||260.87| |||29/09/2023|271.30|||271.30| |||22/12/2023|271.30|||271.30| |||28/03/2024|271.30|||271.30| |Shaftsbury Plc Ord 25p||||||| |Shares|6,017|18/09/2023|90.26|||90.26| |Shell Plc GBP0.07 Shares|1,550|26/06/2023|356.35|||356.35| |||18/09/2023|404.86|||404.86| |||20/12/2023|407.81|||407.81| |||25/03/2024|416.95|||416.95| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** |**Holding**
**Date**
SSE Plc Ord 50p Shares
1,000 21/09/2023
08/03/2024
Tesco Plc Ord
GBP0.0633333 Shares
5,500 23/06/2023
24/11/2023
Unilever Plc Ord 3 1/9p
Shares
900 15/06/2023
31/08/2023
08/12/2023
22/03/2024
United Utilities Group Plc
Ord 5p Shares
1,250 01/08/2023
Vodafone Group Plc Ord
US$0.2095238 Shares
16,000 04/08/2023
02/02/2024
Worldwide Healthcare Plc
Ord 0.025p Shares
7,500 11/01/2024
Worldwide Healthcare
Trust Plc Ord 25p Shares
750 26/07/2023
Artemis Fund Managers
Income Fund Institutional
Income Units
50,109 30/06/2023
29/12/2023
**Unit Trust Dividends**|**Overseas**
**Gross**
**Tax**
**Tax &**
**Net**
**Expenses**
£
£
£
£
677.00
677.00
200.00
200.00
387.75
387.75
211.75
211.75
340.47
340.47
333.00
333.00
334.35
334.35
328.23
328.23
379.25
379.25
618.19
618.19
615.24
615.24
52.50
52.50
180.00
180.00| |---|---| ||23,082.37
23,082.37| ||1,097.40
1,097.40
952.18
952.18| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** |**Holding**
**Date**
Blackrock Fund
Management Limited UK
Smaller Companies Fund
D Income Shares
4,000 28/04/2023
31/10/2023
Blackrock Fund Managers
Limited US Opportunities D
Income Shares
1,345 28/04/2023
FP Wheb Sustainability C
GBP Inc
10,000 28/04/2023
UBS Asset Management
US Equity C
Accumulation Shares
24,000 31/08/2023
29/02/2024
Allianz Glb Invest
Strategic Bond I Inv GBP
19,000 28/04/2023
Allianz Global Investors
UK Allianz Pimco Gild
Yield C Income Units
35,000 28/04/2023
AXA Investment
Management US Short
Duration High Yield Bond
Zi Net Income Shares
20,000 31/08/2023
29/02/2024
**Unit Trust Interest**|**Overseas**
**Gross**
**Tax**
**Tax &**
**Net**
**Expenses**
£
£
£
£
212.04
212.04
405.16
405.16
215.80
215.80
161.76
161.76
50.40
50.40 *
67.20
67.20 *
3,161.94
3,161.94
454.92
454.92
588.67
588.67
380.73
380.73
417.15
417.15| |---|---| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** ||||||**Overseas**|| |---|---|---|---|---|---|---| ||**Holding**|**Date**|**Gross**|**Tax**|**Tax &**|**Net**| ||||||**Expenses**|| ||||£|£|£|£| |Charities Property Fund||||||| |Units|20,792|15/05/2023|293.19|||293.19| |||15/08/2023|315.46|||315.46| |||15/11/2023|306.10|||306.10| |||15/02/2024|688.49|||688.49| |FIL Investment Services||||||| |UK Money Builder Income||||||| |I|24,808.08|26/04/2023|79.63|||79.63| |||26/05/2023|81.42|||81.42| |||26/06/2023|86.63|||86.63| |||26/07/2023|79.86|||79.86| |||25/08/2023|83.73|||83.73| |||26/09/2023|82.69|||82.69| |||26/10/2023|81.27|||81.27| |||24/11/2023|83.63|||83.63| |||22/12/2023|85.86|||85.86| |||26/01/2024|81.77|||81.77| |||26/02/2024|79.76|||79.76| |||26/03/2024|101.89|||101.89| |Jupiter Unit Trust Man||||||| |Strategic Bond Fund Z||||||| |Income Shares|24,996.09|30/06/2023|171.10|||171.10| |||29/09/2023|185.15|||185.15| |||29/12/2023|169.07|||169.07| |||28/03/2024|182.90|||182.90| |M & G Securities Ltd||||||| |Global Floating Rate High||||||| |Yield|23,614.82|30/06/2023|424.67|||424.67| |||29/09/2023|479.59|||479.59| |||29/12/2023|487.98|||487.98| |||28/03/2024|501.77|||501.77| |Maitland Instl Svc MI||||||| |Twentyfour AM Dynamic||||||| |Bond|230|31/05/2023|324.73|||324.73| |||31/08/2023|315.11|||315.11| |||30/11/2023|335.39|||335.39| |||29/02/2024|316.87|||316.87| ||||8,347.18|||8,347.18| * Accumulated income ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024 Appendix 2** |**Appendix 2**|| |---|---| |Aberdeen
Standard
European
Logistics Income
Plc Ord 1p
Shares
Allianz Glb Invest
Strategic Bond I
Inv GBP
Artemis Fund
Managers
Income E GBP
Dis
Aspect UCIT
Funds Diversified
Trends P Instl
Associated
British Foods Plc
5 15/22p Shares
Aviva Plc Ord 32
17/19p Shares
AXA Investment
Managers US
Short Duration
High Yield Bond
Zi Net Income
Shares
Barclays Plc Ord
25p Shares
Blackrock Fund
Management
Limited UK
Smaller
Companies Fund
D Income Shares
Blackrock Fund
Managers
Limited US
Opportunities D
Income Shares
BNP Paribas
Issuance 160% S
& P Accel 24
USD
**UK EQUITIES**|**Investments held at**
**Investments held at**
**5th April 2023**
**5th April 2024**| ||**Cost or**
**2023**
**Holding**
**Cost**
**Holding**
**Book**
**Adjusted**
**Value**
**Value**
26,125
30,916.40
18,274.44
26,125
30,916.40
18,274.44
15,544.00
(2,730.44)

19,000
25,636.21
19,043.70
50,109.405
26,105.81
51,322.05
50,109.405
26,105.81
51,322.05
54,960.00
3,637.95

140
22,401.89
22,457.40
140
22,401.89
22,457.40
27,334.00
4,876.60

750
8,856.46
14,583.75
750
8,856.46
14,583.75
18,124.00
3,540.25

2,280
6,779.25
9,324.06
2,280
6,779.25
9,324.06
11,186.00
1,861.94
20,000
20,682.56
16,484.00
20,000
20,682.56
16,484.00
16,786.00
302.00
9,000
13,470.93
13,295.70
9,000
13,470.93
13,295.70
17,076.00
3,780.30

4,000
14,389.73
31,387.60
4,000
14,389.73
31,387.60
32,450.00
1,062.40
1,345
20,444.00
21,104.40
1,745
27,554.92
28,215.32
30,576.00
2,360.68

1,994,000
25,501.00
25,943.93
3,032,250
42,723.71
43,166.64
50,246.00
7,079.36
**Market Value**
**Market Value**
**Unrealised**
**gain/(loss)**| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024 Appendix 2** |**Appendix 2**|| |---|---| |BP Plc US$0.25
Shares
Brown Advisory
Fds US
Sustainable Gth
Si GBP
Bunzl Plc Ord 32
1/7p Shares
Charities
Property Fund
Units
Compass Group
Plc Ord 11.05p
Shares
Diageo Plc Ord
28 101/108p
Shares
FIL Investment
Services UK
Money Builder
Income I
FP Wheb
Sustainability C
GBP Inc
Greencoat UK
Wind Plc Ord
0.01p Shares
GSK Plc Ord 31
1/4p GBP
(XLON) Shares
Haleon Plc Ord
0.01 (XLON)
GBP Shares
HICL
Infrastructure
Company Limited
Ord £0.0001
Shares
Hipgnosis Songs
Fund Ord NPV
Shares
HSBC Holdings
Plc 5.75% Sub
20/12/27
GBP1000|**Investments held at**
**Investments held at**
**5th April 2023**
**5th April 2024**| ||**Cost or**
**2023**
**Holding**
**Cost**
**Holding**
**Book**
**Adjusted**
**Value**
**Value**
**Market Value**
**Market Value**
**Unrealised**
**gain/(loss)**
5,000
28,349.21
26,682.50
5,000
28,349.21
26,682.50
25,310.00
(1,372.50)
3,300
37,595.12
45,540.00
3,300
37,595.12
45,540.00
59,400.00
13,860.00

400
7,850.59
12,292.00
400
7,850.59
12,292.00
11,748.00
(544.00)
20,792
25,000.30
26,005.59
20,792
25,000.30
26,005.59
24,550.00
(1,455.59)
980
10,164.98
19,840.10
980
10,164.98
19,840.10
21,761.00
1,920.90
500
7,058.35
18,342.50
500
7,058.35
18,342.50
14,249.00
(4,093.50)
24,808.08
25,229.56
19,871.27
24,808.08
25,229.56
19,871.27
20,020.00
148.73
10,000
19,977.84
19,655.00
10,000
19,977.84
19,655.00
20,467.00
812.00
14,290
17,040.92
22,828.28
14,290
17,040.92
22,828.28
19,642.00
(3,186.28)
800
8,325.18
11,896.80
800
8,325.18
11,896.80
13,038.00
1,141.20
1,000
1,847.00
3,406.00
1,000
1,847.00
3,406.00
3,258.00
(148.00)

14,569
17,364.64
22,654.80
14,569
17,364.64
22,654.80
18,197.00
(4,457.80)
12,000.00
14,736.50
9,918.00
12,000.00
14,736.50
9,918.00
8,394.00
(1,524.00)
25,000
25,712.19
25,712.19
25,445.00
(267.19)| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024 Appendix 2** |**Appendix 2**||||||||| |---|---|---|---|---|---|---|---|---| ||**Investments held at**||||**Investments held at**|||| |||**5th April 2023**|||**5th April 2024**|||| |||||||**Cost or**||| |||||||**2023**||**Unrealised**| ||**Holding**|**Cost**|**Market Value**|**Holding**|**Book**|**Adjusted**|**Market Value**|**gain/(loss)**| ||||||**Value**|**Value**||| |HSBC Holdings||||||||| |Plc Ord US$0.50||||||||| |Shares|3,000|16,683.69|16,623.00|3,000|16,683.69|16,623.00|19,241.00|2,618.00| |Indivior Plc||||||||| |Common USD||||||||| |0.5 Shares|40.00|170.07|572.60|40.00|170.07|572.60|678.00|105.40| |International||||||||| |Public||||||||| |Partnerships||||||||| |Limited Ord||||||||| |0.01p Shares|10,884|15,642.91|16,140.97|10,884|15,642.91|16,140.97|13,583.00|(2,557.97)| |Ishares Plc FTSE||||||||| |100 Fund FTSE||||||||| |100 UCITS ETF||||||||| |Shares|6,000|35,849.69|45,015.00|6,000|35,849.69|45,015.00|46,341.00|1,326.00| |JPMorgan Asset||||||||| |Management||||||||| |JPM GBP||||||||| |Liquidity Lvnav E||||||||| |Distribution||||||||| |Shares||||24,480.96|24,480.96|24,480.96|24,480.96|| |Jupiter Unit Trust||||||||| |Management||||||||| |Strategic Bond||||||||| |Fund X GBP Dis||||16,449.28|17,021.37|13,865.33|13,526.00|(339.33)| |Jupiter Unit Trust||||||||| |Man Strategic||||||||| |Bond Fund Z||||||||| |Income Shares|24,996.09|17,021.37|13,865.33|||||| |Law Debenture||||||||| |Corporation Plc||||||||| |Ord 5p Shares|5,000|26,897.40|39,325.00|5,000|26,897.40|39,325.00|39,325.00|| |Lloyds TSB Bank||||||||| |Plc 7.625%||||||||| |Bonds MTN||||||||| |22/04/2025|25,000|23,505.64|25,825.00|25,000|23,505.64|25,825.00|25,461.00|(364.00)| |Lloyds Banking||||||||| |Group Plc Ord||||||||| |10p Shares|30,000|40,527.28|14,528.25|30,000|40,527.28|14,528.25|15,993.00|1,464.75| |M & G||||||||| |Investment||||||||| |Management||||||||| |Global Floating||||||||| |Rate High Yield||||||||| |Fund E-H Income||||||||| |Shares||||24,665.003|25,411.26|22,143.62|22,840.00|696.38| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024 Appendix 2** |**Appendix 2**||||||||| |---|---|---|---|---|---|---|---|---| ||**Investments held at**||||**Investments held at**|||| |||**5th April 2023**|||**5th April 2024**|||| |||||||**Cost or**||| |||||||**2023**||**Unrealised**| ||**Holding**|**Cost**|**Market Value**|**Holding**|**Book**|**Adjusted**|**Market Value**|**gain/(loss)**| ||||||**Value**|**Value**||| |M & G Securities||||||||| |Ltd Global||||||||| |Floating Rate||||||||| |High Yield|23,614.827|25,411.26|22,143.62|||||| |Maitland Instl||||||||| |SVC MI||||||||| |Twentyfour AM||||||||| |Dynamic Bond|230|26,029.99|20,953.00|230|26,029.99|20,953.00|22,007.00|1,054.00| |Mercantile||||||||| |Investment Trust||||||||| |Plc Ord 2.5p||||||||| |Shares|17,500|37,679.03|33,775.00|17,500|37,679.03|33,775.00|38,894.00|5,119.00| |Persimmon Plc||||||||| |Ord 10p Shares||||1,200|15,375.76|15,375.76|15,333.00|(42.76)| |Pinebridge||||||||| |Global Funds||||||||| |Asia Ex Japan||||||||| |Small Cap Equity||||||||| |Fund Shares|925|11,188.90|13,033.44|925|11,188.90|13,033.44|13,786.00|752.56| |Polar Capital||||||||| |Funds Global||||||||| |Technology Fund||||||||| |Class I Sterling||||||||| |Shares|400|3,188.61|22,700.00|400|3,188.61|22,700.00|32,740.00|10,040.00| |Polar Capital||||||||| |Global Financials||||||||| |Trust Plc Ord 5p||||||||| |Shares|12,000|12,460.00|16,116.00|12,000|12,460.00|16,116.00|19,584.00|3,468.00| |Reckitt Benckiser||||||||| |Group Plc Ord||||||||| |10p Shares|200|6,668.42|12,670.00|200|6,668.42|12,670.00|8,551.00|(4,119.00)| |Rio Tinto Plc Ord||||||||| |10p Shares|762|10,118.49|40,260.27|762|10,118.49|40,260.27|37,908.00|(2,352.27)| |Schroder Oriental||||||||| |Income Fund||||||||| |Limited Ord 1p||||||||| |Shares|7,500|7,650.00|19,143.75|7,500|7,650.00|19,143.75|19,388.00|244.25| |SDCL Energy||||||||| |Efficiency Income||||||||| |Trust Plc||||||||| |GPB0.01 Shares|17,391|20,034.65|14,912.78|17,391|20,034.65|14,912.78|10,235.00|(4,677.78)| |Shaftsbury||||||||| |Capita Plc Ord||||||||| |25p Shares|6,017|15,980.92|6,645.78|6,017|15,980.92|6,645.78|8,499.00|1,853.22| |Shell Plc Ord||||||||| |0.07 Shares|1,550|25,763.35|36,622.63|1,550|25,763.35|36,622.63|43,082.00|6,459.37| |SSE Plc Ord 50p||||||||| |Shares|1,000|12,586.76|18,132.50|1,000|12,586.76|18,132.50|15,890.00|(2,242.50)| 101027361.1 ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024 Appendix 2** |**Appendix 2**||||||||| |---|---|---|---|---|---|---|---|---| ||**Investments held at**||||**Investments held at**|||| |||**5th April 2023**|||**5th April 2024**|||| |||||||**Cost or**||| |||||||**2023**||**Unrealised**| ||**Holding**|**Cost**|**Market Value**|**Holding**|**Book**|**Adjusted**|**Market Value**|**gain/(loss)**| ||||||**Value**|**Value**||| |Tesco Plc Ord||||||||| |GBP0.0633333||||||||| |Shares|5,500|15,011.17|14,511.75|||||| |Treasury 0.125%||||||||| |Index-Linked||||||||| |Stock 22/11/36|14,875|25,224.61|21,063.00|14,875|25,224.61|21,063.00|20,354.00|(709.00)| |UBS Asset||||||||| |Management US||||||||| |Equity C||||||||| |Accumulation||||||||| |Shares|24,000|10,978.14|47,947.20|24,000|11,095.74|48,064.80|59,638.00|11,573.20| |Unilever Plc Ord||||||||| |3 1/9p Shares|900|4,371.48|38,583.00|900|4,371.48|38,583.00|34,538.00|(4,045.00)| |United Utilities||||||||| |Group Plc Ord 5p||||||||| |Shares|1,250|7,545.70|13,453.13|||||| |Vodafone Group||||||||| |Plc Ord||||||||| |US$0.2095238||||||||| |Shares|16,000|27,525.44|14,312.80|16,000|27,525.44|14,312.80|10,974.00|(3,338.80)| |Worldwide||||||||| |Healthcare Plc||||||||| |Ord 0.025p||||||||| |Shares||||7,500|4,328.60|23,400.00|24,675.00|1,275.00| |Worldwide||||||||| |Healthcare Trust||||||||| |Plc Ord 25p||||||||| |Shares|750|4,328.60|23,400.00|||||| |||£921,768.00|£1,124,428.67||£963,595.06|£1,167,440.23|£1,217,305.96|£49,865.73| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** The acquisitions and disposals of investments are set out below:- |**Acquisitions**|**Holding**|**Date**|**Cost**|**Event**| |---|---|---|---|---| |Blackrock Fund||||| |Managers Limited||||| |US Opportunities||||| |D Income Shares|400|03/04/24|7,110.92|Gifted by Meryan Holman| |BNP Paribas||||| |Issuance 160% S||||| |& P Accel 24 USD|1,038,250|03/04/24|17,222.71|Gifted by Meryan Holman| |HSBC Holdings||||| |Plc 5.75% Sub||||| |20/12/27 GBP1000|25,000|20/07/23|25,712.19|Purchase| |JPMorgan Asset||||| |Management JPM||||| |GBP Liquidity||||| |Lvnav E||||| |Distribution Shares|24,480.96|03/11/23|24,480.96|Purchase| |Jupiter Unit Trust||||| |Management||||| |Strategic Bond||||| |Fund X GBP Dis|16,449.28|08/02/24|17,021.37|From Redesignation| |M & G Investment||||| |Management||||| |Global Floating||||| |Rate High Yield||||| |Fund E-H Income||||| |Shares|24,665.003|01/02/24|25,411.26|From Redesignation| |Persimmon Plc||||| |Ord 10p Shares|1,200|17/04/23|15,375.76|Purchase| |UBS Asset||||| |Management US||||| |Equity C||||| |Accumulation||||| |Shares||30/08/23|50.40|Accumulation| |||28/02/24|67.20|Accumulation| |Worldwide||||| |Healthcare Trust||||| |Plc Ord GBP0.025|7,500|27/07/23|4,328.60|From Subdivision| ||||£136,781.37|| ## **B-CH 1971 CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024** |**Disposals**|**Holding**|**Date**|**Market Value/**|**Proceeds**|**Profit/**|**Event**| |---|---|---|---|---|---|---| ||||**Conversion**||**(Loss)**|| ||||**Cost**|||| |Allianz Glb Invest||||||| |Strategic Bond I||||||| |Inv GBP|19,000|27/04/23|19,043.70|18,832.00|(211.70)|Sale| |Jupiter Unit Trust||||||| |Man Strategic||||||| |Bond Fund Z||||||| |Income Shares|24,996.09|08/02/24|17,021.37|17,021.37||Redesignation| |M & G Securities||||||| |Ltd Global Floating||||||| |Rate High Yield|23,614.827|01/02/24|25,411.26|25,411.26||Redesignation| |Tesco Plc Ord||||||| |GBP0.0633333||||||| |Shares|5,500|13/11/23|14,511.75|15,377.33|865.58|Sale| |United Utilities||||||| |Group Plc Ord 5p||||||| |Shares|1,250|11/08/23|13,453.13|12,073.78|(1,379.35)|Sale| |Worldwide||||||| |Healthcare Trust||||||| |Plc Ord 25p||||||| |Shares|750|27/07/23|4,328.60|4,328.60||Subdivision (10:1)| ||||£93,769.81|£93,044.34|(£725.47)||