The Antony Hornby Charitable Trust
Financial statements
For the year ended 5 April 2022
The Antony Hornby Charitable Trust
Contents
| Page | |
|---|---|
| Report of the Trustees' | 1-3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Balance Sheet Schedules | 7 |
| Notes to Accounts | 8-10 |
| Schedule of grants/donations | 11 |
| Schedules of Investments | 12-16 |
| Schedules of investment income receivable | 17-20 |
The Antony Hornby Charitable Trust
Report of the Trustees
The trustees present their annual report and accounts for the year ended 5 April 2022.
Structure, Governance and Management
The full name of the Charity is The Antony Hornby Charitable Trust. The Trust was created and is governed by a Trust Deed dated 29 October 1971. The Charity registered number is 263285, and its registered address is 71 Queen Victoria Street, London, EC4V 4BE.
The settlor of the Charity was the late Sir Antony Hornby, who was formerly the senior partner of Cazenove & Co, who died on 20 December 1987. He settled under the terms of the Trust Deed a portfolio of investments and cash and made subsequent additions to the Trust up to 1983. The Charity received a legacy under his will of £30,000 in cash.
The settlor requested in the Trust Deed that, so far as possible, one of the trustees should be his daughter, Mrs Marie Antoinette Hall, or a descendant of hers.
The main terms of the Charity are that the capital and income of the Trust Fund should be applied for charitable purposes in the United Kingdom or elsewhere, at the discretion of the trustees, except that no payments should be made, the result of which would be to reduce the capital value of the Trust Fund to less than £50,000, unless for a special reason.
Trustees
The trustees who served during the financial year were:
Michael Wentworth-Stanley Jane Wentworth-Stanley Emma Jane Renshaw Mark Antony Loveday Robert Finlay Nelson
Principal Aims and Objectives
The present policy of the Charity is not to distribute capital but to distribute the annual income for charitable purposes. The objective of the Charity is to manage the portfolio of investments to produce a balance of capital appreciation and income and to provide sufficient income from the portfolio to meet the charitable donations expected to be made by the trustees during the year.
Whilst the trustees do not have a prescriptive policy towards donations, the emphasis is placed on charities involved in medical, education and welfare activities and the arts, in line with the settlor's wishes.
Page 1
The Antony Hornby Charitable Trust
Report of the Trustees
Activities and Financial performance
Donations are only made to recognised charities, the activities and purposes of which are known to one or more of the Trustees. The aim of the Charity is to support financially such recognised charities all of whom will have charitable purposes as defined in the Charities Act 2006. In this way the Charity's activities operate for the public benefit.
The income available for distribution in the year to 5 April 2022 amounted to £29,607. The total donations amounted to £32,700 which were distributed to those charitable organisations listed in these accounts.
Total assets of the Charity at 5 April 2022 amounted to £1,659,595 (2021 £1,572,062), which represents an increase of 5.57%. The trustees regard the performance of the portfolio as satisfactory in the light of the market conditions in the year.
Financial review
The Trust has no forward commitments and therefore does not deem it necessary to have a formal reserves policy.
The Trust Deed gives the trustees wide powers of investment at their own discretion and does not impose any restrictions on the way in which the Charity should operate or on the application of its funds. The portfolio of investments is managed by Cazenove Capital of 1 London Wall Place, London EC2Y 5AU.
Risk Management
The Trustees have examined the major strategic, business and operational risks which the Charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen risk.
The Trustees consider that the investment manager has an appropriate investment strategy.
Page 2
The Antony Hornby Charitable Trust
Report of the Trustees
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with the applicable law and United Kingdom Accounting Standards ( United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the application of resources of the Charity for that period. In preparing these financial statements the Trustees are required to:
-
select suitable accounting policies and then apply them consistently
-
observe the methods and principles in the Charities SORP;
-
make judgments and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
-
charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable that the financial statements 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 taking reasonable steps for the prevention and detection of fraud and other irregularities.
Public Benefit
The Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to all guidance published by the Charity Commission.
Approved by the trustees and signed on their behalf
…………………………………………………..
Mr D M Wentworth-Stanley Trustee
Stag Hall Farm Great Munden Near Ware Hertfordshire SG11 1JW
Page 3
The Antony Hornby Charitable Trust
Approval of the financial statements and independent examiner's report to the Trustees For the year ended 5 April 2022
I report on the accounts of the Antony Hornby Charitable Trust for the year ended 5 April 2022, which are set out on pages 5 to 20.
Respective responsibilities of trustees and examiner.
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to examine the accounts (under section 145 of the 2011 Act), to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145 (5)(b) of the Charities Act), and to state whether particular matters have come to my attention.
Basis of Independent Examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no material matters have come to my attention :
-
which gives me reasonable cause to believe that, in any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and to compy with the accounting requirements of the 2011 Act
have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper undertstanding of the accounts to be reached
Catherine Sullivan ACA
Beresford Marney Ltd 5 Marneys Close, Epsom, KT18 7HR
Date:
Page 4
The Antony Hornby Charitable Trust
Statement of Financial Activities For the year ended 5 April 2022
| Page Income and expenditure Incoming Resources Income and endowments from: Investment income 17-20 Interest received Total Resources expended Direct charitable expenditure : Grants/Donations 11 Other expenditure : Management and administration 9 Total Net income/(expenditure) before investment gains/(losses) Transfer between funds Net income/(expenditure) and net movement in funds before gains and losses on investments Net gains/(losses) on investments Realised 12-16 Unrealised 12-16 Total investment gains Net movement in funds Total funds brought forward at 6 April 2021 Total funds carried forward at 5 April 2022 6 |
Unrestricted Income fund 31,104 3 31,107 32,700 1,500 34,200 (3,093) 3,093 - - - - - - - |
Expendable Endowment fund - - |
Total £ 31,104 3 31,107 32,700 10,703 43,403 (12,296) - (12,296) 3,880 95,949 99,829 87,533 1,572,062 1,659,595 2022 |
2021 Total £ 32,747 - |
|---|---|---|---|---|
| - | 32,747 | |||
| - 9,203 |
38,600 10,129 |
|||
| 9,203 | 48,729 | |||
| (9,203) (3,093) |
(15,982) - |
|||
| (12,296) | (15,982) | |||
| 3,880 95,949 |
91,726 232,699 |
|||
| 99,829 | 324,425 | |||
| 87,533 1,572,062 |
308,443 1,263,619 |
|||
| 1,659,595 | 1,572,062 |
Page 5
The Antony Hornby Charitable Trust
Balance Sheet At 5 April 2022
| Fixed assets Investments (at market value) Current assets Cash Debtor Creditors Net current assets Total assets less current liabilties Funds of the Charity As Trustees we approve these accounts Michael Wentworth-Stanley Jane Wentworth-Stanley Emma Jane Renshaw |
Page 12-16 7 7 7 5 |
2022 £ 1,577,370 £ 88,725 - (6,500) 82,225 1,659,595 £ 1,659,595 £ |
2021 £ 1,441,200 |
|---|---|---|---|
| 149,115 2,497 (20,750) |
|||
| 130,862 | |||
| 1,572,062 | |||
| 1,572,062 | |||
| Mark Antony Loveday | |||
| Robert Finlay Nelson |
Page 6
The Antony Hornby Charitable Trust
Balance Sheet Schedules At 5 April 2022
| Page Cash Barclays Bank PLC - Current account Schroder & Co Ltd Capital account Income account 6 Debtor Dividend due Creditors Donations payable 6 |
£ 19,911 65,887 2,927 88,725 - 6,500 2022 |
2021 £ 38,257 109,542 1,316 |
|---|---|---|
| 149,115 | ||
| 2,497 | ||
| 20,750 |
NOTE: All creditors are payable within one year.
Page 7
The Antony Hornby Charitable Trust
Notes to the accounts For the year ended 5 April 2022
1. Accounting Policies
1.1 Accounting convention
The financial statements have been prepared under the historic cost convention, with the exception of investments which are included at their market value. The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, as amended by Update Bulletin 1 in February 2016, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Practice as it applies from January 2015.
The accounts (financial statements) have been prepared to give a ‘true and fair’ view and 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 Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Charity constitutes a public entity as defined by FRS 102.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. The Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Fund accounting
The charity maintains an expendable endowment fund and income fund, both general unrestricted funds, which represent unrestricted income and endowment which is expendable at the discretion of the trustees in the furtherance of the objects of the charity.
1.4 Income
All income is recognised in the statement of financial activities when the conditions for receipt have been met and there is reasonable assurance of receipt.
Investment income is accounted for when receivable.
1.5 Direct charitable expenditure
Direct charitable expenditure comprises donations, directly related to the objects of the charity.
Page 8
The Antony Hornby Charitable Trust
Notes to the accounts For the year ended 5 April 2022
1.6 Other expenditure
Management and administration costs relate to expenditure incurred in the management of the charity's assets, organised administration and compliance with constitutional and statutory requirements.
1.7 Investments
Investments are stated at market value. Realised and unrealised gains and losses are shown in the statement
2. Donations
| 2. Donations | |||
|---|---|---|---|
| Donations made in year 3. Administrative expenses Unrestricted Income fund £ Management and administration: Accountancy charges 1,250 Independent examination 250 Investment management fees - CAF fees - 1,500 |
Expendable endowment fund £ 1,250 250 7,703 - 9,203 |
2022 £ 32,700 Total £ 2,500 500 7,703 - 10,703 2022 |
2021 £ 38,600 |
| 2021 Total £ 2,490 450 6,945 244 |
|||
| 10,129 |
4. Information regarding Employees and Trustees
There were no employees in the current year or prior year. None of the Trustees were remunerated for their services during the year.
Page 9
The Antony Hornby Charitable Trust
Notes to the accounts
For the year ended 5 April 2022
5. Investments held as fixed assets
| Market value at 6 April 2021 Additions at cost Disposals at opening market value Net unrealised investment gains/(losses) Market value at 5 April 2022 Cost at 5 April 2022 |
2022 £ 1,441,200 259,294 (219,073) 95,949 1,577,370 1,293,731 |
2021 £ 1,177,009 425,443 (393,951) 232,699 |
|---|---|---|
| 1,441,200 | ||
| 1,225,997 |
Investments are revalued at middle market value at the year end. All investments are held within unrestricted funds. The portfolio is held in a number of funds and unit trusts managed by Cazenove and other fund managers, which permits diversification.
| Investments held in: UK listed equities Emerging Markets Europe equities Asia inc Japan Japan North America Global equities Bonds Multi Asset Funds Property Other Commodities Hedge funds |
2022 £ 177,683 65,105 - 73,376 21,188 269,021 502,013 136,497 123,569 58,500 45,900 78,988 25,530 1,577,370 |
2021 £ 161,487 76,386 38,864 89,424 22,486 224,717 427,650 153,607 124,598 48,533 42,075 31,373 - |
|---|---|---|
| 1,441,200 |
6. Taxation
The trust is a registered charity and does not trade for tax purposes.
7. Charitable Commitments
At the balance sheet date there were no commitments for future donations.
Page 10
The Antony Hornby Charitable Trust
Schedule of donations For the year ended 5 April 2022
| Page Donations ABF The Soldiers’ charity ASPIRE Ataxia UK Barnardiston PCC Breast Cancer UK Cancer Research UK Countryside Learning Disability Snowsports UK Disaster Emergency Committee Ukraine Appeal East & North Hertfordshire Hospitals Charity Institute of Cancer Research International Organ Festival Charity Kings Medical Research Trust London Catalyst Magic Future Foundation Marie Curie Cancer Care PACE Centre Parkinsons UK ProAction Reed’s School Royal Marsden St Cuthberts Hayden St Georges Hospital Charity The Art Fund The Stroke Association Tring Park School for Performing Arts 5 |
2022 £ 1,300 1,000 1,000 250 1,000 1,500 1,300 1,000 1,000 1,000 2,000 5,000 1,500 1,000 1,000 1,000 1,000 1,300 1,000 1,500 2,000 250 500 1,000 1,300 1,000 |
|---|---|
| 32,700 |
Page 11
The Antony Hornby Charitable Trust
Schedule of investments For the year ended 5 April 2022
| Schedule of investments For the year ended 5 April 2022 |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Acquisitions/(disposals) | ||||||||||||||
| Investments | held at 6 April 2021 | Profit or | (loss) on : | Investments held at 5 April 2022 | ||||||||||
| Market | Cost/ | 2021 | 2021 | Market | Unrealised | |||||||||
| Equities | Holding | Cost | value | Date | Holding | (proceeds) | Cost | **value *** | Holding | Cost | **value *** | value | profit/(loss) | |
| £ | £ | £ | £ | £ | £ | £ | £ | £ | ||||||
| UK | ||||||||||||||
| Charity Equity Income Fund | ||||||||||||||
| Income units | 160,000 | 46,310 | 73,472 | 160,000 | 46,310 | 73,472 | 83,808 | 10,336 | ||||||
| Trojan Income Fund | ||||||||||||||
| Class S Income | 50,000 | 87,900 | 88,015 | 50,000 | 87,900 | 88,015 | 93,875 | 5,860 | ||||||
| Emerging Markets | ||||||||||||||
| Fidelity Emerging | ||||||||||||||
| Markets R | ||||||||||||||
| Accumulation | 31,500 | 45,801 | 45,990 | Aug | 31 | 270 | 31,500 | 46,071 | 46,260 | 38,903 | (7,357) | |||
| RWC Global | ||||||||||||||
| Emerging Markets | ||||||||||||||
| S Dist | 250 | 32,109 | 30,396 | 250 | 32,109 | 30,396 | 26,202 | (4,194) | ||||||
| Europe ex UK | ||||||||||||||
| BlackRock European | ||||||||||||||
| Dynamic Fund | ||||||||||||||
| Class FD | ||||||||||||||
| Equalisation | 16,000 | 30,586 | 38,864 | Apr | 1 | (16,000) | (40,529) | 9,943 | 1,665 | |||||
| Asia ex Japan | ||||||||||||||
| Schroder Asian Income | ||||||||||||||
| Fund | ||||||||||||||
| Z income units | 83,268 | 58,125 | 72,943 | 83,268 | 58,125 | 72,943 | 73,376 | 433 | ||||||
| T Rowe Asian | ||||||||||||||
| Opportunites | ||||||||||||||
| C S1 Income | 1,600 | 16,757 | 16,481 | Aug | 31 | (11) | ||||||||
| Sep | 30 | (794) | (7,479) | (831) | (694) | |||||||||
| Oct | 5 | (806) | (7,583) | (853) | (714) |
Page 12
The Antony Hornby Charitable Trust
Schedule of investments For the year ended 5 April 2022
| Schedule of investments For the year ended 5 April 2022 |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Acquisitions/(disposals) | ||||||||||||||
| Investments held at 6 April 2021 | Profit or | (loss) on : | Investments held at 5 April 2022 | |||||||||||
| Market | Cost/ | 2021 | 2021 | Market | Unrealised | |||||||||
| Equities | Holding | Cost | value | Date | Holding | (proceeds) | Cost | **value *** | Holding | Cost | **value *** | value | profit/(loss) | |
| £ | £ | £ | £ | £ | £ | £ | £ | £ | ||||||
| Japan | ||||||||||||||
| BlackRock iShares Japan Equity | Jan | 18 | 22,500 | 22,311 | 22,500 | 22,311 | 22,311 | 21,188 | (1,123) | |||||
| Vanguard Japan Stock | ||||||||||||||
| Index Fund | 130 | 20,540 | 22,486 | Jan | 17 | (130) | (22,564) | 2,024 | 78 | |||||
| North America | ||||||||||||||
| Spyglass US Growth Fund (UCITS) | ||||||||||||||
| Aravis Funds ICAV | 2,775 | 32,423 | 44,775 | Apr | 1 | (1,400) | (19,844) | 3,486 | (2,745) | 1,375 | 16,065 | 22,186 | 19,157 | (3,029) |
| Vanguard S+P 500 | ||||||||||||||
| ETF-GBP-Dis | 2,325 | 108,013 | 127,660 | 2,325 | 108,013 | 127,660 | 153,404 | 25,744 | ||||||
| William Blair | ||||||||||||||
| US Small Mid Cap | ||||||||||||||
| Growth fund | 310 | 39,451 | 52,282 | |||||||||||
| Bonus issue | Mar | 28 | 176 | |||||||||||
| Apr | 1 | (241) | (26,375) | 6,812 | 449 | 245 | 19,888 | 26,356 | 27,872 | 1,516 | ||||
| Invesco EQQQ Nasdaq-100 | ||||||||||||||
| UCITS ETF | Apr | 1 | 100 | 28,383 | 100 | 28,383 | 28,383 | 27,872 | (511) | |||||
| Neuberger Berman US Large Cap | ||||||||||||||
| Value Fund | Apr | 1 | 3,900 | 41,340 | 3,900 | 41,340 | 41,340 | 40,716 | (624) |
Page 13
The Antony Hornby Charitable Trust
Schedule of investments For the year ended 5 April 2022
| Schedule of investments For the year ended 5 April 2022 |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Acquisitions/(disposals) | ||||||||||||||
| Investments held at 6 April 2021 | Profit or | (loss) on : | Investments held at 5 April 2022 | |||||||||||
| Market | Cost/ | 2021 | 2021 | Market | Unrealised | |||||||||
| Equities | Holding | Cost | value | Date | Holding | (proceeds) | Cost | **value *** | Holding | Cost | **value *** | value | profit/(loss) | |
| £ | £ | £ | £ | £ | £ | £ | £ | £ | ||||||
| Global | ||||||||||||||
| Atlas GI | ||||||||||||||
| Infrastructure | ||||||||||||||
| B GBP Uh Dist | 185 | 21,150 | 21,788 | 185 | 21,150 | 21,788 | 25,963 | 4,175 | ||||||
| Fidelity Global | ||||||||||||||
| Dividend Fund | ||||||||||||||
| Class W Income | 50,000 | 101,627 | 104,250 | |||||||||||
| Conversion to R shares | Jan | 31 | 59,383 | 109,383 | 101,627 | 104,250 | 108,934 | 4,684 | ||||||
| M&G Investment Man | ||||||||||||||
| Global Dividend | ||||||||||||||
| I Inc | 97,927 | 67,053 | 109,982 | 97,927 | 67,053 | 109,982 | 125,797 | 15,815 | ||||||
| Ninety One III Global Environment Fund | ||||||||||||||
| K shares | 18,500 | 30,503 | 28,725 | Apr | 30 | (190) | ||||||||
| Sep | 23 | 9,500 | 16,260 | 28,000 | 46,573 | 44,795 | 44,419 | (376) | ||||||
| Polar GI Insurance | ||||||||||||||
| Fund E | 4,100 | 21,791 | 23,802 | 4,100 | 21,791 | 23,802 | 28,164 | 4,362 | ||||||
| Robeco BP Global | ||||||||||||||
| Premier Equity | ||||||||||||||
| Dis | 400 | 44,452 | 50,652 | 400 | 44,452 | 50,652 | 54,144 | 3,492 | ||||||
| Schroder Global Equity Income Fund | Apr | 9 | 92,954 | 45,956 | ||||||||||
| Class S Income units | Apr | 4 | (32,954) | (17,792) | 1,500 | 1,500 | 60,000 | 29,664 | 29,664 | 31,812 | 2,148 | |||
| T.Rowe Gl Tec Eq | ||||||||||||||
| Q-GBP-Dis | 2,278 | 21,679 | 46,904 | 2,278 | 21,679 | 46,904 | 39,728 | (7,176) | ||||||
| Wellington Global Health Care | ||||||||||||||
| Class N Unhedged | 2,150 | 31,816 | 41,547 | |||||||||||
| Conversion to A1 shares | Mar | 31 | 2,328 | 4,478 | 31,816 | 41,547 | 43,052 | 1,505 | ||||||
| Page | 14 |
The Antony Hornby Charitable Trust
Schedule of investments For the year ended 5 April 2022
| Equities Multi-asset funds Trojan Investment Funds S Class Acc Other HICL Infrastructure Co Ltd Shares Property Property Income Trust for Charities Commodities iShares Physical Gold ETC WisdomTree Enhanced Commodity UCITS ETF Hedge Funds Brevan Howard Absolute Return Government Bond Fund |
Market Cost/ 2021 2021 Market Unrealised Holding Cost value Holding (proceeds) Cost value Holding Cost value value profit/(loss) £ £ £ £ £ £ £ £ £ Investments held at 6 April 2021 Acquisitions/(disposals) Profit or (loss) on : Date Investments held at 5 April 2022** 43,610 93,808 124,598 Jan 17 (5,140) (16,136) 5,080 1,451 38,470 82,752 109,913 123,569 13,656 25,500 39,780 42,075 25,500 39,780 42,075 45,900 3,825 59,151.10 49,799 48,533 59,151.10 49,799 48,533 58,500 9,967 1,285 31,400 31,373 1,285 31,400 31,373 36,828 5,455 Jan 17 3,400 33,616 3,400 33,616 33,616 42,160 8,544 Apr 13 236 23,298 236 23,298 23,298 25,530 2,232 |
|---|---|
| 1,072,873 1,287,593 52,931 27,161 990 1,152,965 1,341,514 1,440,873 99,359 |
- = adjusted, if necessary, for the cost of subsequent additions.
Page 15
The Antony Hornby Charitable Trust
Schedule of investments
For the year ended 5 April 2022
| Bonds/Other UK Schroder Strategic Credit Fund C Class Dis Schroder Sterling Corporate Class S Income Equalisation Emerging Markets Ishares IV China CNY Bond ETF Ishares CNY Bond S US$ Distribution units North America CG Portfolio Fund The Dollar D GBP Lyxor US Tips ETF Distribution units Excess reportable income Global Federated Hermes Unconstrained Credit Fund M3 shares |
Market Cost/ 2021 2022 Market Unrealised Holding Cost value Holding (proceeds) Cost value Holding Cost value value profit/(loss) £ £ £ £ £ £ £ £ £ 500 51,431 49,354 500 51,431 49,354 47,348 (2,006) 50,875 30,491 32,031 Sep 23 (50,875) (32,860) 2,369 829 3,607 14,635 13,960 Dec 09 (3,607) (15,356) 721 1,396 Dec 09 1,995 15,574 1,995 15,574 15,574 15,745 171 525 56,600 58,262 Jun 30 120 Jan 17 (140) (16,234) 1,109 665 385 41,595 42,813 43,638 825 Sep 23 31,662 32,166 31,662 32,166 32,166 29,766 (2,400) Investments held at 6 April 2021 Date Acquisitions/(disposals) Profit or (loss) on : Investments held at 5 April 2022** |
|---|---|
| 153,157 153,607 (16,590) 4,199 2,890 140,766 139,907 136,497 (3,410) |
- = adjusted, if necessary, for the cost of subsequent additions.
Page 16
The Antony Hornby Charitable Trust
Schedule of investment income receivable For the year ended 5 April 2022
| Paid | ||||
|---|---|---|---|---|
| Equities | Holding | Date | Gross | |
| £ | ||||
| Atlas Global Infrastructure Fund | ||||
| B unhedged | 185 | Jul | 08 | 390 |
| 185 | Jan | 11 | 322 | |
| The Equity Income Trust for | ||||
| Charities Income units | 209,000 | May | 28 | 1,100 |
| 160,000 | Aug | 31 | 1,017 | |
| 160,000 | Nov | 30 | 1,446 | |
| 160,000 | Feb | 28 | 461 | |
| Fidelity Global Dividend Fund | ||||
| Class W Income | 50,000 | Apr | 19 | 917 |
| 50,000 | Jul | 19 | 675 | |
| 50,000 | Oct | 18 | 675 | |
| 50,000 | Jan | 18 | 675 | |
| Fidelity Global Dividend Fund | ||||
| Shs R | 109,382.85 | Feb | 18 | 77 |
| 109,382.85 | Mar | 18 | 77 | |
| Fidelity Emerging Markets Fund | ||||
| Class R | 31,500 | Aug | 31 | 270 |
| HICL Infrastructure Company | 25,500 | Jun | 30 | 528 |
| 25,500 | Sep | 30 | 525 | |
| 25,500 | Dec | 31 | 525 | |
| 25,500 | Mar | 31 | 525 | |
| JO Hambro CMUK | ||||
| UK Equity Inc | 49,000 | May | 28 | 386 |
| Ninety One 3 Global Environment | 18,500 | Apr | 30 | 11 |
| M&G Investment Man | ||||
| Global Dividend I Inc | 97,927 | May | 28 | 1,161 |
| 97,927 | Aug | 31 | 717 | |
| 97,927 | Nov | 30 | 719 | |
| 97,927 | Feb | 28 | 719 |
Page 17
The Antony Hornby Charitable Trust
Schedule of investment income receivable For the year ended 5 April 2022
| Paid | ||||
|---|---|---|---|---|
| Equities | Holding | Date | Gross | |
| Polar Global Insurance Fund | ||||
| Class E | 4,100 | Apr | 30 | 89 |
| 4,100 | Jul | 30 | 114 | |
| 4,100 | Oct | 29 | 78 | |
| 4,100 | Jan | 31 | 69 | |
| Property Income Trust for Charities | 59,151.10 | Apr | 30 | 183 |
| 59,151.10 | May | 28 | 239 | |
| 59,151.10 | Jun | 30 | 199 | |
| 59,151.10 | Jul | 30 | 142 | |
| 59,151.10 | Aug | 31 | 183 | |
| 59,151.10 | Sep | 30 | 187 | |
| 59,151.10 | Oct | 29 | 179 | |
| 59,151.10 | Nov | 30 | 278 | |
| 59,151.10 | Dec | 31 | 229 | |
| 59,151.10 | Jan | 31 | 173 | |
| 59,151.10 | Feb | 28 | 258 | |
| 59,151.10 | Mar | 31 | 207 | |
| Redwheel Global Emerging Markets | ||||
| Fund Shs S Distribution Redwheel | 250.00 | Jan | 14 | 425 |
| Robeco Global Premium Equities | ||||
| Distribution shares | 400 | Jun | 28 | 260 |
| 400 | Sep | 29 | 264 | |
| 400 | Dec | 22 | 260 | |
| 400 | Mar | 25 | 272 | |
| Schroder Asian Income Fund | 83,268.19 | Sep | 15 | 1,299 |
| 83,268.19 | Mar | 15 | 1,404 | |
| Schroder Global Equity Income Fund | ||||
| Units Class - L | 58,775 | Sep | 15 | 988 |
| Schroder Global Equity Income | ||||
| S Inc Units | 92,954 | Mar | 15 | 771 |
Page 18
The Antony Hornby Charitable Trust
Schedule of investment income receivable For the year ended 5 April 2022
| Equities Holding Date T Rowe Asian Opportunities Equity Fund 1,600 Aug 31 Trojan Income Fund Class S Income 50,000 Sep 30 50,000 Mar 31 Trojan Fund S class shares 38,470 Mar 31 Vanguard Japan Stock Index Fund 130 Jan 14 Vanguard S+P 500 2,325 Jun 30 2,325 Sep 29 2,325 Dec 29 2,325 Mar 30 |
Paid Gross 69 938 1,499 239 383 378 437 411 454 |
|---|---|
| 27,476 |
Page 19
The Antony Hornby Charitable Trust
Schedule of investment income receivable For the year ended 5 April 2022
| Bonds Holding Federated Hermes Unconstrained 30,000 Oct 22 31,662.3246 Jan 25 Lyxor US Tips ETF 225 Jun 30 725 Jun 30 525 Jul 09 iShares China CNY Bond 3,607 Jun 30 UCITS 1,995 Feb 18 Schroder Strategic Credit Fund C Class Dis 500 Jul 07 500 Jan 05 Schroder Sterling Corporate Class S Income 50,875 May 28 50,875 Aug 31 Date |
Paid Gross £ 189 82 74 46 310 201 106 997 1,038 307 278 |
|---|---|
| 3,628 |
Page 20