## **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 :
1. 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