Charlty Reglstratlon No. 263241 B-CH 1971 CHARITABLE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 202S
B-CH 1971 CHARITABLE TRUST LEGAL AND AOMINISTRATIVE INFORMATION Settlor.. Mrs Heather Holman {died g March 20131 Governlng Instrument: Trust Deed dated 8 October 1971 Trustees.. Miss Janice Meryan Holman Mr Edward Nicholas Reed Charlly Address: Macfarlane5 LLP 20 Cursitor Street London EC4A 1LT Charity Registration Number.. 263241 Sollcitors: Macfarlanes LLP 20 Cursilor Slreel London EC4A 1 LT Independent Examlner- Ewnily Smith FCA Humphrey & Co Accounlanls LLP 7- 9 The Avenue Eastbourne East Sussex BN213YA Investment Managers: Ralhbones Group PIC 30 Gresham Street London EC2V 7QN
-CH 1971 CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED S April 2025 The Iruslees present their Report and Accounts for the year ended 5 April 2025. The Accounts have been prepared in accordance wlh tho accounling policies sel out in Note 110 the AonIS and comply with the ¢h8rills Trust Deed, th& Charities Act 2011 and Accounting and Reporting by Charilies.. Slalemenl ol Recommended Practice applicable lo charities preparing their Accovnls in aceordance with the Financial Reportlng Slandaid leffeclive 1 January 2019)" ObJectlves and Actlvltles for the Publlc Beneflt The objects of the Trust allow the Iruslees discretion lo apply the income and capital ol the Trust Fund for such chaiilable purposes as they fiom lime to lime decide. The trustees confirm Ihal they have referred lo the guidance contained in the Charity Commission geneTal guidance on public benefil when reviewing the Trust's aims and objectives and in planning future aclivilies and selling the donations policy for the year. The Trust carries out these objects by making donations lo various registered charities involved with childien's and medical charities egpecially relating lo Cornwall and Devon. The Iruslees have kept the level of grants made al a similar level lo those made in 2024. Achievements and Performance Donations lolalling £42,00012024 £45.0001 were made during the year al the dis¢relion of the Iruslees and in keeping with the aim lo favour ¢hildren's and medi¢al chaTilies especially ielating to Cornwall and Devon. 08lails of the donations are shown in Note 11 to the Accounts. Financial Review Al Ihe year end the total fund was valued al £1.205.149.79 in compaTison to £1.237,848.33 as at 5 April 2024. The Iruslees have Considered the major risks to which the Charity is exposed and have established systerlls and procedures lo manage those risks. Investment performance is monitored regularly by the Iruslees including via presenlalions by the investment managers. The Iiuslees considef that Ihts spread of risk within the investment portfolio is well placed to weather Ihe current financial uncertainties. The Iruslees, with the aid of Ilieir investment advisers. maintain a regular ievi6w ovar the major slralegic, investrnenl and operational risks that the charity faces in order that, wherever possible, such risks can be Klenlifi8d and 8c¢ordingty steps taken 19 lessen these risks. 11 remains the aim of the Iru8lees lo distribute annually the lolal income of the charily after payment of the m8nag@m@nt and 8dminislralion costs. In doing so the Iiuslees aim lo maintain a balance between investments lor capital growth and income generation, and lo main18in c8sh funrls stjfficienl lo fund anlicipaled charitable donation5 over the coming year.
-CH 1971 CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 April 2025 The Charitys reseNes are primarily investments which are held lo generate Income and ¢apit81 gr0h, which provide funds to make grants in accordance with the Charills objectives. Free cash reserves lolal £49,398.79 al the year end and th@ trusl@es consider that the level of reserves is appropriate lo meet current aclivilies. Further weserves can be mel with the liquidation of a proportion of inveslmenls if rgquired. The B-CH 1971 Char*tsble Trust is 8 general CharltablÈ Trust governed by a Trust Deed dated 8 October 1971 and is a registered Charity number 263241. The Iruslees who served durinu the year were.. Miss Janice Meryan Holman Mr Edward Nicholas Reed Under the terms of the Trust Deed the power of appointing new Irusle8s is vested in the surviving or onlinuing Iruslees. Trustees are sele¢led having regard lo bolh their geneTal experience and their knowledge and experience of the objects of the Irusl. The l¥uslees' solicitors Macfarlan6s, provide professional trustee setvices and are able to offer advice to new Iruslees for liaining pulposes concerning the duties of a Iiuslee. All Irusle88 gwe their Inne freely and they did nol receive any remuneration, benefits or expenses from the chafily during the year. Trustees ale iequired lo disclose all relevant interests and lo withdraw from decisions where a conflict of interest arises. Ralhbones are the TrLJSt's investment adviser whose brief is lo advise and manage an investment porllolio on a discretionary basis. Investments held al 5 Apiil 2025 were acquired in accordance with the powers of the Iruslees. The investment strategy Is sel by the Iruslees and in doing so the Iruslees have regard lo the income requirements, the risk profile and their investment managei's view of market prospects in the medium leim.
B-CH 1971 CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 6 Aprll 2025 statement of Trustees, Responsibllltles The Iru8tees are responsible for preparing the Trustees. Report and the Accounts in accord8nce with applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepled AccounlanGy Pfaclice). The Law applicable lo charitie5 in England and Walos reqtsires the Iruslees to prepare Accounts for each financial year which give a true and fair view of the slate of affairs of the charity and of the incomiftg resources and application of resources ol the charity for that year. In preparing these Accounts, the Iruslees 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 anil prudent., stale whether applicable accounting standards have been followed, subject lo any departures disclosed and explained in the Accounl8- prepare the AcGounls on the going ncern basis unless il is inapproprklte lo piesume that the charity will continue in operation, The Iruslees are responsible for keeping sufficient accciunling records which disclose with reasonable accuracy at any lime the financial position of the charity and lo enable Ihem lo ensure that the Ac¢ounls complywilh the Charities Act 2011, the Chaiily {Accounls and Reports) Regul81ions 2008 and the provisions ol the Trusl Deed. They are also responsible for safeguarding the assets of the chaiity and hence for taking reasonable steps for the prevention and detection of fraud and other irregutarilies. The Trustees. Report was approved by the Board of Trustees. Approved by theTruste8s and signed on their behalf by: Dated .2025
-CH 1971 CHARITABLE TRUST Indepoiid6iit Examinvr's Report to Ilie Tm51ees of Ihe B-CH 1971 Chayltable TYu5t I r9POrt lo the Iiu818es on my examiiialion ol the accounls of Ihe B-CH 1971 Clwrlleble Tfusl lof Ihe year ended 5 April 2025 which are sel out on pag85 610 15. Respectlve Respon8Sbllill&s of Trusteos aiid Examliier AS the cl)arily Iruslegs of Ihe Trusl you are respoiislble for Ihe pieparalion ol the accoun18 8ccoidanee wilh the requlremenl8 of Ihe Ch8rille$ Acl 2011 {Ihe Acl,). I r&port In respect of my examinallol) of the Truslee5' accounts carried oul under section 145 01 th& 2011 A¢1 and in carrying oul niy examii)8lion I have followed all Ihe applicable Directions given by Ihe Chaiily Commls8ion ui)der secllon 145151{b) ol the 20tI Act. Independent Examlnerfs Staleinent I have ¢omplel8d niy exarninallon. I conlifm th81 no maleil81 Inallers have come lo my allenlloi) In conneGlion with the examlnallon givlng me cause lo believe that in ally material respect.. 1.1 ac¢ounllng r6¢0rds were not kepl lrn rospe¢l ol Ihe Tru8188 F6quir8d by section 130 of th8 Acl., of 2.) Ihe accounts do not accord wllh Ihose records,. 3.) Ihe accoun18 do not comply will) Ihe applicable requlremenls cortcerning the form and oonlènl of ac¢ounl8 sel out in th6 Ch81ilies (Accounls and Rfjpori81 Regulations 2008 other than any requiremei)I Ihal (he 8¢¢ouiils glvè 8 'lfue and lalr vlew which is not a maller ¢on$idered as part of an Independonl ex8minallon. I have no concein6 and have come actoss fio olhor maller8 ln conneclion with the examillalion lo whlch allenllon should be diawn in Ihis ieport In order10 6natile a piopeT und8rsl8ttdkng of Ihe e¢¢ounls lo be reached. Einily Smilh FCA Humphfey & Co AGcounlanl8 LLP 7-9 The Avenuo Easlbourne East Sussex 8N21 3YA 11 November Date . .2025
B-CH 1971 CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT Ytar Ended 5 Aprll 2025 Note 2025 2024 Incomè and Expendltur8 Income from: Investments Gift 44.718 83 34,591.13 44,610.25 24,333.63 79.309.96 68.943.88 Expenditure on: Raisin funds Investment Management Fees 8,097.40 9,211.26 Chartlable aclivil- Donations 11 42,000.00 45,000.00 Other ex Couriers Legal Fees A¢¢ountsn¢y Fees ARC Fees endilure.. 46.39 19,200.00 2,340.00 640.00 45.90 18,000.00 2,220.00 600.00 Total resources expended 72,323.79 75,077.16 Net incominglloutgoingl resources before other recognlsed galnslllossesl 6,986.17 16,133.281 Nel gainslllossesl on investments 139,684.711 49,140.26 N8t Movement in funds 132,698.541 43.006.98 Fund balances al 6 April 2024 1,237,848.33 1,194,841.35 Fund balances at S Aprll 2025 £1.205,149.79 £1.237,848.33 All funds are unrestricted The notes on pages 8 - 15 form part ol these accounts.
-CH 1971 CHARITABLE TRUST BALANCE SHEET at 5 April 2025 Note 2025 2024 Flxed Assets Investment8 1,155,751.00 1,217,305.S6 Current Assets Debtors Cash al bank and in hand 8,145.33 43,753.46 51,898.79 8,836.09 14,076.28 22,912.37 10 Creditors.. amounts falling duo within one year 12.500.001 {2,370.001 Net curient as8ets 49,398.79 2D,542.37 Total assets less current Slabllltles £1,205,149.7S £1,237.848.33 Unrestricted funds 1,205,149.79 1,237,848.33 t1,20S,149.79 £1,237.848.33 The noles on pages 8- 15 form part of these accounts. The accounts were approved by the Tiustees on . .2025 ¢JJ-Ndf Mr Edward NhOlaS Reed Trusta8
-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S Apvil 2025 1 Accountlng Pollcles Charity Information The B-CH 1971 Charitable Trust is a general charitable trust governed by a Trusl Deed dated 8 October 1971 and is a registered charity numbei 263241. 1.1 A¢¢ounting Conv8ntlon The accounts have been prepared in accordance wAh the charity's governing document, the Charities Act 2011, and 'Accounling arKI Reporting by Charities." Slalemenl of Recommended Practice applicable lo charities preparing their a¢¢ounls in 8¢cord8ncé with the Financial Reporting Standard leffeclive 1 January 2019). The charity is a Public Benefit Entity as delined by FRS 102. The accounts have departed from the Charities (Accounts and Reportsl Regulations 2008 only lo the extent required lo provide a true and fair view. This departure hag involved following the Slalement of Recommended Practice for Charities applying FRS 102 rather than the version of Ihe Slalement of Recommended Practice which is referred to in the Regulations bul which has since een withdrawn. The Accounts are prepared in sterling, which is the fun¢lion81 currency of the charily. The Accounts have been prepared under the historical cost converilion, modified to include flnancial instruments al fair value. 1.2 Going Concern At the lime of approving the Accounts. the trustees have a reasonable expectation that Ilne charity has adequate resources lo continue in operation81 existence for the foreseeable future. Thus the Iruslees continue lo adopt the goin9 concern basis of accounting in preparing the Account8. 1.3 Charltable Funds Unreslricled fuftd5 are available for use al the discretion of the Iruslees in furthèrance of their charitable objectives unless the funds have been designated for other purposes. 1.4 Incoming Resources Income is recognised when the charily is legally enlttled to il after any performance conditions have beèn m@1, the amounts can be measured reliably. and il is piobable that the income will be received. Cash donations are re¢ognised on recoipl. Other donations are recognised once the charity has been nolified of the donation. unless performancg Conditions require deferral of the amount. The Charity is a regisleied charily and thefOre is not liable for income lax or corporation lax on income derived Irom Ils charitable 8clivilies, as il falls within the various exemplions available lo registered charilies.
B4H 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2025 1.5 Resources Exp6nded Liabilities are recognised as expenditure as soon as there is a legal or conslruclwe obligation committing Ihts charity lo that expendilure, il 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 associaled with the management of the investment Portfolio in accordance wlh the strategy set by the Iruslees. Ch8rit8ble expenditure in the foim of donations payable is accounted for as and when approved by Ihe Iruslees and when due for payment. Other costs include those cost5 associalecl with me81ing the conslilulional and slalulory requirements of the charity and include the independent examinalion fees and legal costs linked to strategic management of the charily. 1.6 Fix8d Assgt Inv8Stm8nts Investments are included on the Balance Sho81 al their market value al the end of the financial period. Listed investments are slated 81 the mid price on the London Stock Exchange and the bid prices provided by the Fund Managers for the unil trust holdings. Gains and losses on investment assets ore CTediled, or debited. to the Slalement of Financial Activities in the year in which they arise. 1.7 Cash and Cash Equivalents Cash and cash equivalents includè cash in hand, deposils hèld at call WFih banks, olher short-lerm liquid investments with original malurilies of three months or less and bank overdrafts, Bank overdrafts are shown wllhin borrowings in current liabililles. 1.8 Financial Instruments The charity has elected to apply the provisions of Section 11 'B8sic Financial Instruments, and Section 12 '01her Financial Instruments Issues. of FRS 102 10 811 of ils financial inslrumenls. Financial insliumenls are iecognised in the charills balance sheet when the charity becomes party lo the contractual provisions of the inslrumenl. Fln8nci81 assels and liabilities are offset, with the nel amounts presented in Ihe financial slalements, when there is a legally enforceable right lo sel off the recognised amounts and there 13 an intention to settle on a net basis or lo realise Ihe asset and sellle the liability simullantsously. Baslc FlnancSal Assets Basic ftnancial assets, which include debtors and cash and bank balan8, ale inilialty measLFreil al Iran8acliDn pri including transaction costs and are subsequently carried 8t amortised cost sing the effective interest method unless the arrangemenl conslilules a financing Iransaclion, where the transaction is measured al the present value of the future ¥eceipls discounted al a market rale of inler8sl. Financial asgets classified as receivable wiihin one year are not amortised.
B-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S Aprll 2025 Basic Financlal Llabllltles Basic financial liabilities, including creditors and bank108ns are initially recognised al transaction price unless the arrangtrmenl conslilules a financing Iransaclion, where the debt instrument is measured al the present value of the future payments discounted at a market rale of interest. Financial liabilities Classified as payable within one year ar8 not amortised. Debt in81(um6nls are subsequenlly carried al amortised cost, using the effecllve inlere8t late melhocl. Trade cweotilors arB obligations lo pay for goods or ServIS that have been acquired in the ordinary course of operations from supplier. Amounls payable are classified as current liabilities if paymenl is due within on8 year or less. If not. Ihey are presented as non-current liabilities. Trade credltors are recognised initially al Ir8nsaclion price and subsequently measured al amortised cost using the effeciFve inleiesl method. Derecognilion of Financlal Llabllltles Financial liabilities are derecognised when the charills contractual obligal¢ons expire or are discharged or cancelled. 1.9 Fund Structure The charity holds unreslricled income funds. Unieslricled income funds comprise Ihose funds which the trustees are free to use lor any purpc¥se in furtherance of the charilable objects. 1.10 Crltlcal accounting estimates and Judgements In thè appltcalion of the charills a¢counling policies, the Trustees ale required lo make judgemenls, e51imales and assumplK)ns about the carrying amount of assets and liabilities thal are nol readity apparenl from other Sour8. The eslimales and associated assumptions are based on hisloriGal experience and other facloTs that a¥& considered lo be relevant. Actual results may differ from these estimates. The estimates and Underng assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that peiiod, or in the pe[1 of th8 revision and fuluie periods where the revision affeels both current and future poriods. In the year ended 5 April 2025 the Trustees consider that there were no critical accounting eslimalos and judgemenls arising that require disclosure. 10
B.CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2025 2 Income from Investments 2025 2024 Flxed Interest Securities Income from Overseas Securiti88 Income received - UK Equities Incotne received - Unil Trusts Interest on Cash Deposits Property Income Distribution 6.344.04 4,490.75 22.676.32 10,203.31 905.13 99.28 4,407.10 4,431.42 23,082.37 11,509.12 1,180.24 44,718.83 44,610.25 3 A¢¢ountancy Fees The analysis of accountancy fees is as follows-. 2025 2024 Independenl examination of the Charitls accounls 2.340.00 2,220.00 4 Trust9es None of the Iruslee$ lor any persons conne¢l8d wilh them} received any remuneialEon. b&nolils or expenses from the Charily during the year. S Employèes There wera no emptoyees during the year. 6 Net Gain51lL055es1 on Investments 2025 2024 Revaluation of Investments Gainl{Loss) on S81e of Inveslmenls 141,119.43) 1,434.72 49,865.73 {725.471 39,684.71 49,140.26 11
BiH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2025 7 Flxed Asset Investmenis 2025 2024 Listed Investments 1,155,751.00 1,217.305.96 Flxed Assgt Inv8stm8nts Revalued Investments are included on the Balance Sheet al their market value al the end of the linancial period. Listed investments are slated al 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 th& fixed asset investments is '. £981.948.32 (2024 - £963.595.06). Movements In Flxed Asset Investments 2025 2024 Cost or Valuatlon At 6 April 2024 Addilions Valuation Changes Disposals 1.217.305.96 216,386. 139,684.71) 1238.257.21) 1,124.428.67 136,781.37 49,140.26 193,044.341 Note 6 Al 5 April 2025 £1,155,751.00 £1,217,305.96 Carrylng Amount Al 5 April 2025 £1,155.751.00 £1.217,305.96 Al 5 April 2024 £1.217,305.96 £1,124,428.67 12
B-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2025 8 Flnanclal Instruments 2025 2024 Carrying Amount of Flnanclal Assets Debl Instruments measured al amortised cost 8,145.33 1,155,751.00 8.836.09 1.217,305.96 Equity Instruments measured al fair value through SOFA CarrySng Amount of Financial Liabilities Financial liabilities measured al amortised cost 2,500.00 2,370.00 Flnanclal Llabllltlgs . breakdown Humphrey & Co ARC Fees 2,340.00 160.00 2,220.00 150.00 2,500.00 2,370.OD 9 Debtors 2025 2024 Amounts falllng due wlthln one year: Biokers balance in transit 8.145.33 8.836.09 8,145.33 8,836.09 10 Cash at bank and in hand 2025 2024 Maclallanes LLP Ralhbones {formerly Inveslec W8allh & Inve51menll 17,577.03 28.176.43 3,278.23 10,798.05 43,753.46 14,076.28 13
B-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2025 11 Charltable Donalions Made By The Trust 2025 2024 Anaphylaxis UK Ataxia Telangieclasia Society Blue Cross Brain Research TrLJSt Blain Tumor Support Brecon and District Dial A Ride Club British Limbless Ex.SeMce Man's Association British R8d Crogs British Wireless foi the Blind Fund Carers Trust UK Caudwell Children Cerèbral Palsy Plus Cornwall Air Ambulance Cornwall Hospice Care Limited Crohn's and Colitis UK Designability DKMS Foundalion DTessalJilily Epilepsy Action Evenl Mobilily Exeter Leukaemia Fund CIO Force Cancer ChaTIIy Go Bayond Haemochromatosis UK Hearing Dogs for Deal People HOSPICE UK Independenl Age Fundraising AOUnt In ToughlKids United Joss Searchlight Juvenile Diabetes Research Foundation Lennox Children's Cancer Fund Living Options Devon Macmillan Cancer Support Make Them Smile Mer)ingilis Now Motor N&urono Disease Association Multiple Sclerosis Trust National Kidney Federation OSCARS Paedrialric Brain Tumour Chaiity (PBTCI Ovacome Pain Relief Foundation Proslale Cancer UK Rare Chromosome Disorder Support GTOUP REACT Royal Cornwall Hospitals NHS Trust Sensory Trust Shellerbox Sofa Projecl 1,000.00 1,000.00 2.000.00 2,000.00 fj.000.00 1,000.00 1.000.00 1,000.00 2,000.00 1,000.00 2.000.00 2,OQO.00 2,000.00 1,000.00 1,500.00 2,000.00 2,000.00 2,000 00 2.000.00 1.000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1.000.00 1,000.00 1,000.00 1.000.00 1.000.00 1,000.fM) 1.500.00 1,000.00 1,000.00 1.000.00 1.000.00 2.000.00 1,000.00 1.000.00 2.000.00 1.000.00 1.000.00 1.000.00 1.000.00 1.000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1.000,00 2,000.00 2.000.00 1,000.00 14
B-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S Aprll 2025 Sportabilily St Francis Leprosy Guild Support Dogs Lld Teenage Cancer Trust The Brainwave Centre Ltd The Cornwall Blind & Partially Sighted Association The Neurolibromalosis Association The Sequal Trusl Tikva Wellbeing of Women Veisus Arthrills Young and Fr86 Young Lives Vs Cancer 1,000.00 1.000.00 1.000.00 1.000.00 1,000.00 2.000.00 2,000.00 1,000.OQ 1,000.00 1,OOQ.00 1,000.00 1.000.00 1,000.00 1,000.00 1.000.00 42.000.00 45,000.00 12 Related Party Transactlons Transactions with related parties During the period Macfarlanes LLP provided servlces lo the ch8r¢ly lot811ing £19,200. {2024.' £18.0001 Mr Edward Reed. a Iruslee, was a partner of Maclarlanes LLP until Ihe 31 March 2025 and Is cu rrently a senior advisor. All sew15 were Charged al a commercial rate. Mr Edward Reed is a trustee of St Fiancis Leprosy Guild. to which £1,000 donation was made in 2024125. During the year, Miss J M Holman, a Iruslee of the charity, gifted shares valuecl at £34,591.13 to the charity. 15
B-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2025 Appendlx 1 Incom& from Inv8stments Overseas Tax& Expenses Holding Dale Gross Tax Net Flxed Interest Aberdeen Standard Euiopean Logistics Income PIC Ord Ip Shares 26.125 0510712024 26.125 2710912024 26.125 3111212024 26.125 3110312025 49.64 49.64 26.13 98.66 26.13 96.66 73.15 73.15 HICL Infraslruclure Company Limited Ord 1 p Shares 14,569 2810612024 14,569 3010912024 14.569 3111212024 14,569 3110312025 183.96 261.11 231.09 21009 183.96 261.11 231.09 210.09 HSBC Holding5 PIC 5.75% Sub 20112127 GBPI000 25.000 2011212024 1,437.50 1.437.50 Lloyds Banking Group Pl¢ 7.625Q/o Bonds EMTN 2210412025 25,000 2210412024 25.000 2211012024 953.25 953.25 953.25 953.25 Prudential Funding 6.125Yo Gld Sub Notes 19112131 25,000 1 911212024 1.531.25 1,531.25 Treasury 0.125% Index- Linked Stock 22111136 14,875 2210512024 14.875 2211 fj12024 13.67 13,91 13.67 13.91 Treasury Stock 4.125Yo 22107129 15.000 2210112025 309.38 309.38 6,344.04 6,344.04
B-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2025 Overseas Dividends Recelved Overseas Tax& Expenses Holdlng Date Gross Tax Net International Public Partnerships Limited Ord 0.01p Shares Rights 2015111.11.15 10,884 1310612024 1 D,884 1911212024 442.98 454.95 442.98 454.95 Ishares PIC FTSE 100 Fund FTSE 100 UCITS ETF Shafes NPV 6,000 2610612024 6,000 25m912024 6,000 2711212024 6.000 2610312025 678.OC¢ 502.20 299.40 285.00 678.00 502.20 299.40 285.00 Pinebridge Gbbal Funds Asia Ex Japan Small Cap Equity Fund Shafes 925 1410312024 21.28 21.28 21.28 21.28 925 1410612024 925 1310912024 21.28 21.28 Schroder Oriental Income Fund Ltmiled Ord 1p Shares 7,500 1010512024 7.500 0210812024 7,500 2911112024 7,500 1410212025 150.00 150.00 450.00 150.00 150.00 450.00 150.00 150.00 3,626.37 3,626 37 Overseas Security Inter8st JPMorgan Assel M8n8geTnent JPM GBP Liquidity Lvnav E Distribution Shares 24.480.96 0110512024 23,194 01106r2024 20,329 0110712024 19.543.93 01108r2024 19,543.93 0110912024 19,543.93 0111012024 19,543.93 01J1112024 101.09 108.74 80.82 85.89 86.13 77.37 82.21 101.09 108.74 80.82 85.89 86.13 77.37 82.21
B-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2025 Overseas Tax& Expense$ Holdlng Date Gross Tax Net JPIAorgan Asset Managèment JPM GBP Liquidity Lvnav E DistiibutiDn Sh8rgs 19,543.93 0111212024 19,543.93 0110112025 19,543.93 0310212025 719 0110312025 79.95 78.79 80.88 2.51 79.95 78.79 80.88 2.51 864.38 864.38 UK Divldends Aberdeen Slan(lard European Logistics Income Ptc Ord 1 p Shales 26,125 0510712024 26,125 2710912024 26,125 3111212024 26,125 3110312025 266.48 175.04 286.48 175.04 130.63 138.46 130.63 138.46 Associated BTilish Foods Pl¢ 5 15122p Shares 750 0510712024 750 1010112025 750 1010112025 155.25 202.50 317.25 155.25 202.50 317.25 Awva PIC Ord 32 17119p Shares 2,280 2310512024 2.280 1711012024 508.44 271.32 508.44 271.32 Barclays PIC Ord 25p Shares 9,000 2010912024 9,000 0410412025 261.00 495.00 261.00 495.00 BP PIC Ord US$O.25 Sh8res 5.000 2810612024 5.000 2010912024 5.000 2011212024 5.000 2810312025 284.13 302.49 314.80 308.81 284.13 302.49 314.80 308.81
-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2025 Overseas Tax& Expenses Holdlng Date Gross Tax Net Bunzl PIC Ord 32 111p Shares 400 0210712024 400 0310112025 200.40 80.40 200.40 80.40 Compass Group PIC Ord 11.05p Shares 980 25107r2024 980 2710212025 158.76 307.92 158.76 307.92 Diageo Ple Ord 28 1011108p Shares 500 1710412024 500 1711 or2024 160.25 236.15 160.25 236.15 Greencoal UK Wind Plo Ord 0.01 p Shares 14,290 3110512024 14.290 3010812024 14,290 2911112024 14.290 2810212025 357.25 357.25 357.25 357.25 357.25 357.25 357.25 357.25 GSK PIC Ord 31 114p GBP IXLONI Shares 800 1110412024 800 1110712024 800 101fj012024 800 0910112025 128.00 120 00 120.00 120.00 128.00 120.00 120.00 120.00 H8160n PIC Ord 0.01 IXLONI GBP Shares 1,000 1610512024 1,000 1910912024 42.00 20.00 42.00 20.00 HICL Infrastructure PIC Ord Ip Shares 14,569 2810612024 14.569 3010912024 14,569 3111212024 14.569 3fj10312025 117.62 39.02 69.03 90.04 117.62 39.02 69.03 90.04 HSBC Holdings Pl¢ Old US$O.50 Sh8ies 3.000 2510412024 3,000 2110612024 3,000 2710912024 3,000 1911212024 744.86 730.29 227.45 234.86 744.86 730.29 227.45 234.86
B.CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S April 2025 Overseas Tax& Expenyes Holding Date Gross Tax Net Law Debenture Corporation PIC Ord 5p Shares 5,000 1110412024 5,000 0410712024 5,000 2411012024 5,OQ0 2310112025 456.25 400.00 400.00 400.00 456.25 400.00 400.00 400.00 Lloyds Banking Group PIC Ord 10p Shares 30,000 2110512024 30,000 1010912024 552.00 318.00 552.00 318.00 Mercantile Investment Tiust PIC Ord 25p Sh8re8 17.500 1610512024 17,500 0110812024 17,500 0111112024 17.500 0310212025 577.50 262.50 262.50 262.50 577.50 262.50 262.50 262.50 Petsimmon PIC Ord 10p Shares 1.200 1210712024 1,200 0811112024 480.00 240.OD 480.LN) 240.00 Polar Capital Global Financials Trust PIC Ord 5p Shares 12,000 3010812D24 12.000 2810212025 300.00 264.00 300.00 264.00 Reckill Benckiser Group PIC Ord 10p Shares 200 2410512024 200 1310912024 231.80 160.80 231.80 160.80 Rio Tinlo PIC Ord 10p Shares 762 1810412024 1,552.73 1,022.82 1,552.73 1,022.82 762 2610912024 SDCL Energy EfficAency Incorne Tiusl PIC GPBO.01 Shares 17.391 2810612024 17,391 2710912024 17,391 3111212024 17,391 3110312025 271.30 274.78 274.78 274.78 271.30 274.78 274.78 274.78
-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED S April 2025 Overseas Tax& Expenses Holdlng Date Gross Tax Net Shaflsbury PIC Ord 25p Shares 8,017 31105r2024 8,0fj7 0111012024 60.17 42.12 60.17 42.12 Shell PIC GBPO.07 Shares 1.550 2410612024 1,550 2310912024 1.550 1911212024 1,550 2410312025 417.57 405.33 418.97 430.75 417.57 405.33 418.97 430.75 SSE PIC Ord 50p Shales 1,000 1910912024 1,000 2710212025 40D.00 212,00 400.00 212.00 Unilever PIC Ord 3 11gp Shares 900 0710612024 900 0610912024 900 0611212024 900 2810312025 330.66 332.64 329.67 339.75 330.66 332.64 329.67 339.75 Worldwd8 Heallhcare PIC Ord 0.025p Shares 7.500 2410712024 7,500 0910112025 157.50 52.50 157.50 52.50 22,676.32 22.676.32 Unlt Trust Dlvidends Artemis Fund Managers Income Fund Inslilulional Income Units 50.109,41 3010812024 50.109.41 3111212024 1.069.18 1.058.66 1,069.18 1.058.66
.CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2025 Oversèas Tax& Expen5èS Holdlng Date Gross Tax Ngt Blackrock Fund Management Limited VK Smaller Companies Fun(S D Income Shares 4,000 3010412024 4,000 3111012024 212.65 448.04 212.65 448.04 Bl8ckfock Fund Managér8 Limiled US Opportunities D Income Shares 1,345 3010412024 286.88 286.88 FP Wheb Suslainabilily C GBP Inc 10,000 3010412024 156.60 156.60 UBS Asset Ilfianagemenl US Equbty C Ac¢umulalion Shares 24.000 3010812024 14.40 14.40 3,248.41 3,246.41 ' Accumulated income Unlt Trust Interest AXA Inveslmenl Management US Short Duration High Yield Bond Zi Nel Income Shares 20,000 30108r2024 20,000 2810212025 429.73 462.87 429.73 462.87 Chaiilies Property Fund Units 20,792 1510512024 20.792 15108r2024 20,792 1511112024 20.792 14102r2025 299.92 285.81 296.54 297.97 299.92 285.81 296.54 297.97
B-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S April 2025 Overseas Tax& Expenses Holdlng Date Gross Tax Net FIL Investment Services UK Money Builder Income 24,808.08 2610412024 24,808.08 261051202A 24,808.08 2610612024 24,808.08 2610712024 24.808.08 2310812024 24,808.08 2610912Q24 24,808.08 2511012024 24,808.08 2611112024 24,808.08 2411212024 24,808 08 2410112025 24,808.08 2610212025 24,808.08 2610312025 81.59 79.98 83.58 84.55 81.72 84.30 84.27 79.81 83.48 97.12 85.04 $8.49 81.59 79.98 83.58 84.55 81.72 84.30 84.27 79.81 83_48 97.12 85.04 56.49 Jupiter Unil Trust Managem&nl Strategic Bond Fund X GBP Dis 16,449.28 2810612024 16,449.28 3010912024 16,449.28 31112r2024 16,449.28 3110312025 184.07 208.81 174.97 20D.62 184.07 208.81 174.97 200.62 M & G Ii)vestmeni Man8gement Global Floating Rale High Yield Fund E-H Income Shares 24.665.00 3010612024 24.665.00 3010912024 24.665.00 3111212024 24,665.00 3110312025 475.91 484.84 465.92 440.79 475.91 484.84 465.92 440.79 Mailland Insll Svc Ml Twentyfouf AM Dynamic Bon(i 230 3110512024 230 3010812D24 230 2911112024 230 2810212025 323.49 314.55 313.37 314.79 323.49 314.55 313.37 314.79 6,956.90 6,956.90
.CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S April 2025 Property Income Distributlon Ovorseas Tax& Expenses Holdlng Date Gross Tax Net Shaflsbury Capi13 PIC Ord 25p Shares 6,017 3110512024 6,017 0111012024 39.11 60.17 39.11 60,17 99.28 99.28
B.CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEIITS FOR TIIE YEAR ENDED S Aprll 2025 Appendlx 2 Invèstrnen15 hèld at Sth Aprll 2024 Investmets hold ot 5th A rll 2025 C05t or 2024 Adlustgd Valuo Unr8alls8 Movkel Vtlue galnlllos81 oldlng C05t Markèt V81ue Holdlng Book Valu• UK EqUITIE$ Abwde£n Siandawd European L(vI5 Incorne ar¢s 28.125 3D,916.40 15.544.QQ 24.125 28.85540 13,483.00 14.251.00 766.00 emis Fund Man?gprs E GBP Dl# 50.109.405 26.105.a1 $4,960.00 50.109.405 28,105.8f 54,980.00 2.57e.oo A5P2Ct UCIT Fu$ DNersif*d rrends P In511 140 22.401.89 27,334.00 140 22.401.89 27.334.00 23,390.00 13.944.tsDI AssocL3ied Brlll¥h Fwd$ Plo 5 15122p Shares 760 8,È5e.46 18.124 00 750 8.856.46 1U,124.00 14.556.00 3,568.001 Aviva Plcord 32 17119p Shares 2.2 6,778.25 11.186 00 2.280 6.779.25 11.18B.00 11.977.00 791.00 AXA InveBlmenl Managers US Shori Duration High yie 8ond ZI Income Shores ,000 20,682.56 1fj.786.00 20.000 20.682.56 18.788.OD 1&B96.( 110.N) Bèr¢Jays Pk Ord 25p Shares 6.000 13.470.gJ 17.07e.oo 9,QOO 13,470.93 17,078.00 22.502.00 5.426.00 8lackr¢Kk Fund ManaBpTneTrl Limiled UK Sfflaller Comp¥ni&s Fund D Income Shales 4.rNIo 14.389.73 32,450.00 4.OOD 14.388.73 32,450.LKI 28,264.OD 14.186.aoi BLick[k Fund LlmilFd US OpwilunitS D IIKtyKe Shares 1,745 27.$54.92 90.57& BNP P8rib¥s ISSU8n¢e 1eO% S & PAcce124 USD 3,032,250 42.723.71 50.246.00 8NP [b$S 138uar 172.80% S & P Cav Spd 31 50.000 38.580.65 36.580.85 34,QB5.00 {4.475.e51 tsP Pk USSO.25 Sharets 6,000 28.349.21 25,310.00 5.000 2B.349 21 25,310 00 18.5?4.00 1$.778.001
-CH 1971 CHARITABLE TRUST NOTES TO ThE FINANCIAL STATEMEIITS FOR THE YEAR ENDED 5 Aprll 2026 Appondlx 2 Inve8tm811ts held al 5th Aprll 2024 Inve5tment$ held ot 5th April 202S Cost or 2024 Adjuslod Valuo Unrèallsod galnll105sI Holdlng C05t Markgt Vlu0 Holdlng Book Valua Markelvalue 8r(yw Advlsory Fds US Suglain8bb Gth SIGBP 3,300 37,$95.12 5g.AOO.00 3.aoo 37,595.12 59.400.00 54.760. (4,620.ODI Bz1 PIC 32 1Thp Share5 ChatitEs Property Fund 400 7.8WA9 11,748.00 400 7.85D.S9 11.7A8.00 fj2,038. 288.00 20.792 25.000.30 24,550.00 20,792 2S.WO.30 24,550.0fr 25.Q91.OD 541.00 Compass Croup Plcord 11.05p Share5 1Q,164.98 21.761.00 980 10.164.98 21,761.00 24.893.00 2.832.00 Doui$¢h$ Bahn Fin¥n2.125 Gtd Snf 24107126 2S.QOO 24.688.41 24.68a.41 24.621.0(1 167.41} tiageo Old 28 1011108p Share¥ 500 7,058.35 14,249.00 500 7.05&35 14.249.¢ 10.W3.00 14.186.001 FIL Investment Seices UK MonEy Buildor Income I 24,808.08 25,229.58 ,02Q.QQ 24,8Q8.Da 2S,229 58 20.Q20.00 19.87fj.CY) 1144.OQl FlndLqy Park Funds AffletKan Fund Unhedg&1 IGBP) 175 31.452.76 31.452.75 28,056.QO 13,396.751 FP Wheb Suslainabilityc G8P In¢ 10,0 19,977.84 20.487 fMI to,0 18.977.84 20.467.00 16,e83.00 13,004.00) Gok1Th Sath$ Gioup 3.625% Srtr291lD129 25.000 23.776.0 23.n6.04 23.872.00 95. Gieencoal UK nd Pl- Ord 0.01p Shafes 14.200 17.040.92 18,842.00 14.290 17.040.92 19.642.00 18,019.L¥) 14.623.001 GSK Plcord $1 114p G8P (XLOMI Sh8r6$ 800 8.325.18 13.03D.QO 800 8,32S.18 13.038.OD 11.342.0 11,89B.001 H8leM Pk Ord 0.01 IXLor41 GBP Shafes l.(N)O 1.847.N) 3.258.00 1.000 1.ll47.00 3,258.00 3,836.00 57&QO ICL Intra$iN¢tu Compony Llrrii orf £o.0001 Shares 14,469 17.364.64 18,197.00 14,569 17.384.e4 18.197. fS,72000 12.477.¢AI lpg[lS Songs Fud Ord NPV 12.000.00 14.73fj.$0 6.394.00 HSBC Hdding$ Pk 5.75% Sub YOJ1Y27 G8PIOOD 25,0 25,712.19 25.445.DD 25.0 25,712.19 25,4145.00 25.328.00
B¢H 1971 CHARITABLE TRUST NOTES ro THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S Aprll 2025 Appendlx 2 Inve8tmen18 held al 5th Apill 2024 Investments held at 5th A TII 2025 Cost oi 2024 Adlu$led Value Unreallsèd galnllloss) Holdlny Cvsi Mavkotvalue Holdlng Book Valu Market Valu& HSBC Hoklngs Pk Ord USSQ.¥Q Sh8re$ 3.000 1e,e8&69 1g.241.00 3,WO 16.883.69 19.241.00 22,802.00 3,561.00 Indivior Pl¢ CoTTWnOll USD 0.5 S[38 40.OD 170.07 078.00 40.00 170.07 67B.00 2B6.00 (392.001 InternalloTral PubU¢ Partnerships L¥YMled Old 0.olp ShafqS 10.884 15.642.91 13.583 00 10,884 15.642.91 11.940.OQ 11.643.001 Ish8res PIC FTSE 100 FU FTSE 100 UCITS ETF Shares 6.0 35.849.6 48,341.00 35.849.69 46.341. 47,196.00 855.00 JPMNganA55et Man8oornenl JPM GBP Lvnav E o131r1bv Shares 24,480.98 24.dBO.98 24.4w.ge JPMoig8n GBP Luld11yLvAv Fund 1,924.OU 19.543.93 10,543.93 19.693.QO 149.07 Ilanagemenl SlraiegK Bond Fund X GBP Th$ 16.44Q.28 17.021.37 12,526.00 16,449.26 17.fj21.37 13.526 00 13,451.00 175.001 OEbeniure CorptKalior PIC Ord 5p Shafes 5.0 26,fi97.40 39,325.00 26.897.40 39.32S.00 40.950.00 t.625.00 Lloyds TSB 83nk PIC 7.625% ond$ MTN 2210412025 £25.0 23.505.64 25,461.00 £25.OOD 23.¥Q5.fj4 25.461.00 25.020. 1441 QOI Lwds 8anking Gioup Pk Owd 10p Shar6S 30.QOO 40.027.28 15.*3.00 20.0 40.527.28 IS.993.00 19.497.rK) 3.504.00 M&c lrtveslnEnl Management Gknbal Floallng R81e Hioh Yle Fvnd É-rt Inc(The Sh3r68 24,685.003 2&411.28 22,840.00 24,665.Q03 25,411.28 2?,540,00 22.670.00 1170.001 Malland SVC Ml TwentylourAM ttynamlc Bond MÈreanllle Invest(rEntTtusl PIC Oté 2.Sp Shates 23U 28.029.99 22.007.00 230 26.029.99 22,007.00 .417.00 410 00 17.WO 87.67Q.03 38,894 00 17.500 37.679.03 30.894. 38.794.IX> 12.1QO.001
8-CH 1971 CHARITABLE TRUST èIOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2026 Appendlx 2 Inv85tmenls hold at 5th A 1112024 Investment5 held at 5th Aprll 2025 Co¥t oi 2024 Adlusto V8lu• Unrèallsèd galnlll(Is51 Holdlng Cosl Mawkel Value Holdlng Book Valuo Marketvyluè Perslmmn P Old 10p Sh?ro5 1.200 15.37S.76 15.$33.00 1.200 IS.375.78 15.333.00 13,9B3.00 11.$50.001 Plnebrldge Global Funds A3 Ex Japan Small Cap Equity Fund Shares 13.78e.00 polai ca Fvnds Glo fÈ¢hnol£wJy Fun Q88$ I srI1rvj Share$ 4QO 3,ieB.61 32.740.00 400 3,188.81 32,740. 29.429.OD 13,312.001 PofarCaFiial ¢lob81 Fin¥ntyS Trust Plcoid Sp Sha$ 12,000 12,460.00 19.564.00 12.000 12,460.00 19,584.OD 21,912.00 2.328.00 Pruoenbal Funding 5.125% Sub Notes 1911Y31 25,000 26.541.30 2e,541.30 25.4B6.00 I1.5 301 Re¢kill SÈn¢&lser Gioup pf¢Or lop Shares 2N 0.688.4 Q,$61.00 200 6,668.42 8,651.QO 10,1fj6. 1,615.00 Rlo TIn Plcord Iop Share8 Sthrth&rOrion181 Incotne Fund Limiled Ofd 1P Sh8re8 782 10,118.49 37.908.00 782 10.118.49 37,908.OD 32,299.00 (S.6.00} 7,500 7,650.00 19.888.QD 7.8OD 7.650.00 19.388.00 18.956.00 1432.001 SDCL Energy Effi¢i8ncy In¢0 Trusi p GPBQ.01 Shares 17.391 20.034.65 10,23S.00 17.9È1 ?0,034.65 10,235.00 7,891. 12,344.001 Shaftsbury C8pit8 PIC Otd 25p Shareg 6.017 15.980.92 6.499.00 8.017 15,980.92 8,49g.QQ 7.314.D 11,185.001 Shdl Pk Ord 0.07 SIH5 1.550 25.763.JS 43.oe2.00 1,550 25.763.35 3.082.00 ?8.4e7.00 {4,615.001 SSE Pl¢ Old Sop Shares 12,580.76 15,89O.OQ 1.000 12.586.76 15,890 00 16.013.QO 123,00 T168sury O.12S% Index-Linked Slod( 22111136 14.875 25.224.61 20,354.00 14,875 25.224.01 20,354.00 IP,S94 OD 1760.LKI Trea8uty siottk 4 125% ?2107129 3s,000 15.157.35 15.157.35 15,103.00 1S4.3SI UBSA$SCt Managem8ni us Equiiyc A¢cumulal Shgres 24,000 11,09S74 Sg.63è. Uver Plcord S 119p Shar¢$ 4,371.4& 34,53&.OU gOD 4.371.48 34,538.00 42.242. 7.7Q4.
B-CH 19TI CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2025 Appèndlx 2 Invoslmont8 hgld al 5th Aprll 2024 Invèstrhèrt18 hèld at 5th A rll 2025 Cost or 2024 Adlu$ièd Value Unroallspd galnlllossl Holdlno Co&t Marktrt Valuè Holdlng Book Value Mèrkeivalua Vcéafor*GIwp PIC Ord USSO.2095238 Sh8Fes WOre Healihrare Ilc Old D.025p Sh810$ 16,000 27,525.44 11,974.00 7.50D 4.328. 24.875.00 7,500 4.328.8D 24,675.00 21,094.00 13.581.001 £963.595.06 £1,217.305.96 E961.948.32 EI,1È8.870.43 £1.155,761.00 £41.I19.43
B-CH 1971 CHARITABLETRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2025 The acquisitions and disposals ol Investments are set out below'.- Acqulsltlons Holdlng Date Cost Evortt Aberdeen Sl8n(tard Europefjn logisli¢$ 'B' Shaffts 26,125 05103125 2,061 (KJ From Scheme BNP PaTibas Issuance 172.80% S&PCalSpd31 50,000 05111124 38.580.65 Purchase Daulsche Bahn Finance 3.125% Gld Snr 24107128 25,000 21111124 24,688.41 Purchase Finoiay Park Fund& American Unhedged IGBPI 175 28102125 31,452.75 Purch8S6 Goldwan Sach5 Group 3.S25'h Snr 29110129 25,000 21111124 23.778.04 Purchase JPMorgan GBP Llquldlly LVNAV Fund 1,924 04102125 19,543.93 From R8tsrganisation Piudenlial Fundi 6.125trA Gld Sub Nol83 19112131 25,000 17105124 26.541.30 Purchase Tieasury Slock 4.125% 22107129 15.000 16112124 15,157.35 Purchase UBS Ass81 Management US Equity C AccumL¢lalion Shales 301Q8124 13,349.979 24102125 14.40 34.591,13 Accumulation Gifted by Meryan Holman £216.386.96
-CH 1971 CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2025 Disposals Holdlng Dote Market Valuel Proceeds Conv8rslon Cost Proflu Event IL0881 Aberdeen Standard Euiopean Logistt¢s 'B' Shales 26.125 20103125 2,061.00 1.045.00 11.016.001 Ret of Capital At*ideen Slandafd European Loglslics Incom8 PIC Ord 1p Share 05103125 2,(1.00 2,061.QO Scheme'B' Sh8re$ Bla¢kto¢k Fund Managers Lin)iled US Opportunlli&s D Income Shar8S 1,745 25102125 30,576.00 32,954.13 2.378.13 Sal6 BNP Pariba$ Issuan 160Yu S & P A¢cel 24 USD 3,032,250 16109124 50.246.00 50,100.38 1145.621 Sale Hip9nosis Songs Fund Ord NPV Shares 12,000 01105r24 8,394.00 12,5C13.00 4.109.00 Sal& JPMorgan A$$el Managemenl JPI GBP Liquidity Lvnav E Distribulion Shares 2,495_65 17105124 2.441.38 12108124 19,543.93 04102125 2,495.65 2,441.38 19,543.93 2,495.65 2,441.38 19,543.93 Sale Sale Reorganisation Finege Global Funds Asia Ex Japan Sm811 Cap Equity Fund Shares 925 27111124 13.786.00 13.529.70 1256.301 S818 UBS A85el Management US Equity C Accumulation Shares 24,000.00 28110124 13.349.979 19103125 59,652.40 34,591.13 59,584.8CI 167.601 Sale 31,253.64 13,337.491 Sale Vodafon8 Gioup PIC Ord US$O.2095238 Sh8re5 16,000 08105124 10,974.00 10,744.60 1229.401 Sala £236,822.49 £238,257.21 £1434.72