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2024-04-05-accounts

Charity number: 263482

The Celia Blakey Charitable Trust

Report and Financial Statements

for the year ended 5 April 2024

The Celia Blakey Charitable Trust

Contents

Page
Trustees’ Report 1 - 3
Trustees’ Approval and Accountants’ Report 4
Independent Examiner’s Report 5
Statement of Financial Activities 6
Balance Sheet 7
Statement of Cash Flows 8
Notes to the Accounts 9 - 14
Investment Schedules 15 - 19

The Celia Blakey Charitable Trust

Trustees’ Report at 5 April 2024

Charity registration number 263482
Principal address One Bartholomew Close, London EC1A 7BL
Trustees Mrs C Blakey
Miss J S Portrait OBE
Trustees’ Accountants: Edwards Greene
9 Innovation Place
Douglas Drive
Godalming
Surrey
GU7 1JX
Trustees’ Solicitors: BDB Pitmans LLP (now Broadfield Law UK LLP)
One Bartholomew Close
London
EC1A 7BL
Investment Managers: Cazenove Capital Management
1 London Wall Place
London
EC2Y 5AU
Governing document The Charity was created on 31 December 1971, as The
Celia and Conrad Blakey Charitable Trust and is
constituted by a Deed of Trust. It was registered with the
Charity Commission under registration number 263482
on 23 February 1972. On 4 April 2007 a Resolution was
passed to change the name to The Celia Blakey Charitable
Trust.
Trustee Selection Methods New Trustees are appointed by the existing trustees when
the need arises.
Risk management The Trustees have examined the major risks to which the
Trust may be exposed and, where necessary, have taken
steps to mitigate and minimise these risks. The Trustees
continue to keep the risks and processes under review.
Investment policy and performance The Trust holds sufficient cash reserves to enable the
Trust to draw on capital rapidly when required. The
remaining funds are held in a balanced portfolio of
investments intended to generate unrestricted income
and maintain capital growth.
The gross yield on the investment portfolio for the year
was 3.06% (2023 – 2.32%). There has been an increase in
the market value of the investments of 2.0% (2023 – 4.1%
decrease). The Trust normally holds investments for the
long term.

The Celia Blakey Charitable Trust

Trustees’ Report at 5 April 2024

Objects The objects of the Charity are general charitable objects
and purposes. The capital is an expendable endowment.
Public Benefit Statement The Trustees are aware of the Charity Commission
guidance on Public Benefit and confirm that they have
complied with the duty in Section 17 of the Charities Act
2011 to have due regard to it when reviewing the Trust's
aims and objectives and in planning future activities (and
setting the grant making policy for the year). They
consider the grants shown in the Annual Report and
Accounts properly demonstrate the range of charitable
activity and the benefit for the recipient charities, and
through them to the public.
Grant making policy The Trustees' do not generally review unsolicited
applications or accept unsolicited emails. They support
organisations where they have an involvement and
knowledge of the recipient charity's workings and
operation.
Reserves policy It is the Trustees' intention to make donations to
charitable causes, which amount to the total of
investment income generated in the year, subject to
keeping a reasonable reserve.
In the year under review, there was a deficit of income
over expenditure on the unrestricted funds of £112,805.
Achievements The Charity has received investment income of £198,433,
(2023 - £147,589). The Trustees have made donations to
charitable causes amounting to £300,000 (2023 -
£45,000). Details of the recipients of the donations are
shown in note 4 of the accounts.
Plans for the future The Trustees will continue to make donations to
charitable causes, as they deem proper, equivalent to the
total investment income generated in the year.

The Celia Blakey Charitable Trust

Trustees’ Report (continued) at 5 April 2024

Trustees’ responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees declare that they have approved the Trustees' Report above.

Signed on behalf of the Charity's Trustees:

Miss J S Portrait OBE

24 January 2025

Trustee

The Celia Blakey Charitable Trust

Trustees’ Approval and Accountants’ Report For the year ended 5 April 2024

Trustees’ Approval

The accounts set out in pages 6 to 19 for the year ended 5 April 2024 are hereby approved by the trustees and signed on their behalf by:

Miss J S Portrait OBE

24 January 2025

Trustee

Accountants’ Report

In accordance with our engagement letter, we have prepared for your approval the accounts of The Celia Blakey Charitable Trust for the year ended 5 April 2024 which are set out on pages 6 to 19 from the trust’s accounting records and from information and explanations you have given us.

As a practicing member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standrards-and-guidance.

This report is made solely to you, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The Celia Blakey Charitable Trust and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical release TECH08/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than you for our work or for this report.

You have approved the accounts for the year ended 5 April 2024 and have acknowledged your responsibility for them, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for their compilation. We have not verified the accuracy or completeness of the accounting records or information and explanation you have given to us and we do not, therefore, express any opinion on the accounts.

24 January 2025

Edwards Greene Chartered Accountants 9 Innovation Place Douglas Drive Godalming Surrey GU7 1JX

The Celia Blakey Charitable Trust

Independent Examiner’s Report For the year ended 5 April 2024

I report on the accounts for the year ended 5 April 2024 which comprise a Balance Sheet, Statement of Financial Activities and the related notes.

This report is made solely to the charity's trustees, as a body, in accordance with Section 144 of the Charities Act 2011, as amended. My examination has been undertaken so that I might state to the charity's trustees the matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity's trustees, as a body, for this report, or for the opinions I have formed.

Respective Responsibilities of Trustees and Examiner

The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed. It is my responsibility to:

Basis of 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 Report

In connection with my examination, no matter has come to my attention:

24 January 2025

Richard Edwards FCA, FCCA, CTA Edwards Greene Chartered Accountants 9 Innovation Place Douglas Drive Godalming Surrey GU7 1JX

The Celia Blakey Charitable Trust

Statement of Financial Activities for the year ended 5 April 2024

Note
Income
Income from investments
1,3
Total Income
Expenditure
On raising funds:
Investment management costs
On charitable activities:
Grant making
1,4
Cost of grant making
Total expenditure
Net incoming/(outgoing)
resources before transfers and
investment gains
Net gains/(losses) on investments
5
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward

Unrestricted
Funds
£
198,433
198,433
-
311,238
311,238
311,238
(112,805)
-
-
(112,805)
189,125
£76,320		 2024

Expendable
Endowment
£
-
-
32,618
-
32,618
32,618
(32,618)
270,894
-
238,276
6,153,185
£6,391,461

Total Funds
£
198,433
198,433
32,618
311,238
343,856
343,856
(145,423)
270,894
-
125,471
6,342,310
£6,467,781		 2023
Total funds
£
147,589
147,589
32,389
58,518
90,907
90,907
56,682
(326,266)
-
(269,584)
6,611,894
£6,342,310

The notes on pages 9 to 19 form part of these financial statements

The Celia Blakey Charitable Trust

Balance Sheet at 5 April 2024

Notes
Fixed assets
Quoted stocks and shares
1,5
Total fixed assets
Current assets
Cash at bank and in hand
1,6
Current liabilities
Creditors: amounts falling within one year
1,7
Net current liabilities
Net assets
Funds of the charity
Unrestricted funds
Expendable endowment
Total charity funds		 2024
£
6,481,987
6,481,987
3,287
(17,493)
(14,206)
£6,467,7810
76,320
6,391,461
£6,467,781		 2023
£
6,356,027
6,356,027
3,287
(17,004)
(13,717)
£6,342,310
189,125
6,153,185
£6,342,310

The notes on pages 9 to 19 form part of these financial statements

The Celia Blakey Charitable Trust

Cash Flow Statement for the year ended 5 April 2024

Cashflows from operating activities:
Net cash used in operating activities (Note 9)
Cash flows from investing activities
Dividends, interest and rents from investments
Proceeds from sale of investments
Purchase of investments
Net cash provided by investing activities
Change in cash and cash equivalents in the reporting
period
Cash and cash equivalents at the beginning of the period
Cash and cash equivalents at the end of the period
Analysis of cash and cash equivalents
UK cash held as part of investment portfolio
Barclays		 2024
£
(343,367)
198,433
1,151,326
(1,199,705)
150,054
(193,313)
395,313
£202,000
198,713
3,287
£202,000		 2023
(94,703)
147,589
2,139,908
(2,213,028)
74,469
(20,234)
415,547
£395,313
392,026
3,287
£395,313

The notes on pages 9 to 19 form part of these financial statements

The Celia Blakey Charitable Trust

Notes to the Accounts for the year ended 5 April 2024

1 Accounting policies

1.1 Basis of preparation and assessment of going concern

The accounts have been prepared under the historical cost convention and in accordance with the “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016).

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The trustees consider that there is no material uncertainty about the trust’s ability to continue as a going concern.

1.2 Funds structure

There is an expendable endowment fund. The terms of the endowment allow the capital of the fund to be spent if the trustees so determine.

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.

1.3 Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.

Donations are recognised when the Trust has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Incoming resources from tax reclaims are included in the SoFA at the same time as the income to which they relate.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. This is normally upon notification by our investment advisor of the dividend yield of the investment portfolio.

Income is shown gross, including the associated tax credit unless the tax so deducted is considered irrecoverable.

The Celia Blakey Charitable Trust

Notes to the Accounts (continued) for the year ended 5 April 2024

1.4 Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.

Grants payable are payments made to third parties in the furtherance of the charitable objects of the Trust. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the one-year or multi-year grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the Trust.

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty as to the timing of the grant or the amount of grant payable

1.5 Irrecoverable VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

1.6 Allocation of support and governance costs

Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory accountancy and legal fees together with an apportionment of overhead and support costs.

1.7 Costs of raising funds

The costs of generating funds consist of investment management fees paid to the Trust’s external investment advisers.

1.8 Fixed asset investments

Investments are initially recognised at their transaction value and subsequently shown at their fair value as at the balance sheet date using the mid-market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. Partial disposals are accounted for using average cost. The Charity’s investments are approved charitable investments in accordance with sections 558-561 ITA 2007.

1.9 Realised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.

The Celia Blakey Charitable Trust Notes to the Accounts (continued) for the year ended 5 April 2024

1.10 Tax

The trust is a registered charity and is therefore exempt from tax on income and gains to the extent that these are applied to exclusively charitable purposes.

1.11 Financial instruments

The trust has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at cost using the effective interest method.

Financial assets held at cost comprise cash at bank, together with accrued interest and other debtors.

Financial liabilities held at cost comprise grants payable and creditors. Amounts payable are classified as current liabilities if payment is due within one year or less.

2. Related party transactions and trustees’ expenses and remuneration

No Trustee is or has been entitled to any fee or salary (2023 – nil).

No Trustee has been reimbursed any out of pocket expenses (2023 - nil).

Governance and support costs of nil (2023 – £6,048 were paid for legal and administration services of Portrait Solicitors a firm in which Miss J S Portrait OBE was a partner).

3. Analysis of incoming resources

Investment income

nvestment income
Gross deposit Interest
UK fixed interest
UK unit trust interest
UK dividends
UK unit property dividends
Foreign interest
Foreign dividends		 2024
£
18,027
13,600
12,928
52,006
13,597
25,942
62,333
£198,433		 2023
£
9,205
9,565
9,746
53,395
9,837
22,996
32,845
£147,589

The Celia Blakey Charitable Trust

Notes to the Accounts (continued) for the year ended 5 April 2024

4.
Analysis of resources expended
Grants payable
Glyndebourne Productions Limited
Royal Opera House Covent Garden Foundation
Teenage Cancer Trust
Support Dogs
Support Costs
Governance costs:
Accountancy/Independent examination fees
Legal and administration fees
Total expended on grant making
The Trust had no employees during the year.
5.
Investment Assets
5.1 Quoted investments
Market Value brought forward at 6 April 2023
Additions
Disposals
Net realised investment (loss)/gains
Net unrealised investment (loss)/gains
Market value as at 5 April 2024
Investments at fair value
Equities
Cash held within the portfolio		 2024
£
80,000
55,000
120,000
45,000
300,000
9,300
1,938
11,238
£311,238
2024
£
5,964,001
1,199,705
(1,151,326)
10,828
260,066
£6,283,274
6,283,274
198,713
£6,481,987		 2023
£
10,000
10,000
25,000
-
45,000
8,934
4,584
13,518
£58,518
2023
£
6,217,147
2,213,028
(2,139,908)
100,419
(426,685)
£5,964,001
5,964,001
392,026
£6,356,027

The Celia Blakey Charitable Trust

Notes to the Accounts (continued) for the year ended 5 April 2024

5.2 Historical Cost

.2 Historical Cost
2024
£
Historical cost
£5,684,421
.3 Material investments - holding > 5% of the value of total investments
2024
£
JP Morgan Asset Mgt American Equity
509,960
Vanguard S&P 500 ETF
363,710
J Sainsbury Plc
331,750		 2023
£
£5,625,214
2023
£
266,048
173,817
340,875

5.3 Material investments - holding > 5% of the value of total investments

All investments are carried at their fair value. Investment in equities and fixed interest securities are all traded in quoted public markets, primarily the London Stock Exchange. Holdings in common investment funds, unit trusts and open-ended investment companies are at the bid price. The basis of fair value for quoted investments is equivalent to the market value, using the mid-market price. Asset sales and purchases are recognised at the date of trade at cost (that is their transaction value).

6.
Analysis of current assets
Cash at bank - Barclays Wealth
7.
Analysis of current liabilities
Investment management fees
Professional fees		 2024
£
£3,287
2024
£
8,193
9,300
£17,493		 2023
£
£3,287
2023
£
8,064
8,940
£17,004

The Celia Blakey Charitable Trust

Notes to the Accounts (continued) for the year ended 5 April 2024

8. Analysis of charitable funds

Current year:
Analysis of
fund
movements
Unrestricted
funds
Expendable
endowments
Previous year:
Analysis of
fund
movements
Unrestricted
funds
Expendable
endowments		 Balances
Brought
Forward
06/04/2023
£
189,125
6,153,185
£6,342,310
Balances
Brought
Forward
06/04/2022
£
100,054
6,511,840
£6,6,11,894		 Income
£
198,433
£198,433




Income

£

147,589
£147,589		 Expenditure
£
(311,238)
(32,618)
£(343,856)

Expenditure

£

(58,518)
(32,389)

£(90,907)

Transfers
£
-
-
-
Transfers
£
-

-

-		 Gains and
Losses
£
-
270,894
£270,894


Gains and

Losses

£
-

(326,266)

£(326,266)		 Balances
Carried
Forward
05/04/2024
£
76,320
6,391,461
£6,467,781
Balances
Carried
Forward
05/04/2023

£
189,125

6,153,185

£6,342,310




The expendable endowment represents the value of the assets held as investments arising from gifts. The income arising on these assets is available for use in accordance with the trust’s objects and is included in unrestricted income. The fund is available for expenditure on the charitable donations as the trustees deem fit.

9. Reconciliation of cash flows from operating activities

9.
Reconciliation of cash flows from operating activities
Net income for the reporting period
Dividends, interest and rents from investments
(Decrease)/increase in creditors
Net cash used in operating activities		 2024
£
(145,423)
(198,433)
489
£(343,367)		 2023
£
56,682
(147,589)
(3,796)
£(94,703)

The Celia Blakey Charitable Trust

Investment Schedule For the year ended 5 April 2024

Holding Market Value Cost Proceeds Realised Unrealised Holding Market Value Gross
06/04/2023 06/04/2023 Profit/(Loss) Profit/(Loss) 05/04/2024 05/04/2024 Income
£ £ £ £ £ £ £
3I Infrastructure GBP
Ord shares 20,000 63,000 - - - 2,100 20,000 65,100 2,305
Allianz Global Investors Gmbh
All China Equity Wt GBP Acc 60 76,586 - 70,499 21,868 (27,954) - - -
Amundi (MU Lyxor)
US TIPS 1,200 126,396 - - - (3,456) 1,200 122,940 876
AstraZeneca Plc
Ordinary US$0.25 Shares 200 23,188 - - - (1,948) 200 21,240 456
Atlas Global Infrastructure Fund
B shares GBP Unhedged 400 58,258 - - - (4,099) 400 54,159 2,052
Bellevue Healthcare Trust PLC
Redeemable Ordinary GBP0.01 92,200 139,222 - - - (3,135) 92,200 136,087 5,744
Blackrock Continental
European Fund Class D GBP 3,000 104,591 - - - 20,134 3,000 124,725 333
British American Tobacco Plc
Ordinary 25p Shares 800 22,440 - - - (3,808) 800 18,632 1,848
Cazenove Investment Fund Management
Strategic Bond S Inc Nav 200,000 86,780 - - - 4,420 200,000 91,200 5,401
Charities Property
Property Fund 150,000 187,290 - - - (10,485) 150,000 176,805 11,566
CRH Plc
EUR 0.32 shares 1,000 38,000 - - - 29,720 1,000 67,720 1,390
Diageo Plc
Ordinary 28 101/108p Shares 750 27,518 - - - (6,147) 750 21,371 600
Doric Nimrod Air Three Ltd
OrdinaryPref No Par Value 50,000 25,750 - - - 375 50,000 26,125 4,124

The Celia Blakey Charitable Trust

Investment Schedule For the year ended 5 April 2024

Holding Market Value Cost Proceeds Realised Unrealised Holding Market Value Gross
06/04/2023 06/04/2023 Profit/(Loss) Profit/(Loss) 05/04/2024 05/04/2024 Income
£ £ £ £ £ £ £
Federated Hermes Unconstrained Credit
Shares M3 GBP Hedged Dis 89,710 75,374 - - - 1,642 89,710 77,016 3,507
Fidelity Investment Funds
Fidelity Global Dividend Fun Shs -R- Gbp 120,000 122,760 - 130,125 9,718 (2,353) - - 3,598
Fidelity Investment Funds IX - Fidelity
Emerging Markets Fund Accum Shs -R- Gbp 110,000 117,920 1,529 - - 10,351 110,000 129,800 1,529
Findlay Park Funds ICAV - Findlay Park A
American Sterling GBP Uhdg 750 98,520 - - - 30,525 750 129,045 81
Fountain Cap Greater China
F USD Dist - - 72,184 72,184 - - - - -
FountainCap Greater China
Select UCITS FC - GBP - - 72,184 68,860 (3,324) - - - -
Greencoat UK Wind Plc
Ordinary GBP0.01 46,785 74,716 - - - (10,387) 46,785 64,329 4,680
Gsk Plc
Registered Shs 2,000 29,744 - - - 2,846 2,000 32,590 1,115
Haleon Plc
Registered Shs 3,000 10,220 - - - (443) 3,000 9,777 126
Hsbc Global Asset Management UK
Fte All World Index S Dis 50,000 103,740 (1,368) - - 19,808 50,000 122,180 713
HSBC Global Government
Bond Index fund S2 GBP - - 190,259 - - 446 20,685 190,705 1,136
Impact Healthcare REIT PLC
30,000 27,900 - - - (2,700) 30,000 25,200 2,032
Int Public Partner
OrdinaryGBP0.0001 27,084 40,193 - - - (6,338) 27,084 33,855 2,148

The Celia Blakey Charitable Trust

Investment Schedule For the year ended 5 April 2024

Holding Market Value Cost Proceeds Realised Unrealised Holding Market Value Gross
06/04/2023 06/04/2023 Profit/(Loss) Profit/(Loss) 05/04/2024 05/04/2024 Income
£ £ £ £ £ £ £
Invesco Markets Ii Plc
US Treasury Bd Ucits Etf GBP Dis Hdg 8,000 285,160 501 282,668 (6,336) 3,343 - - 502
Ishares
Ishares S&p 500 Nav 3,000 97,838 1 - - 25,078 3,000 122,918 1,412
Ishares USD Treasury Bond
20 yr UCTIS ETF GBP Hedged 18,000 67,676 - 57,833 (46,029) 36,186 - - 1,098
Jpmorgan Asset Mgmt(Europe)s.A.R.L.
America Equity I2 USD Dis 3,709 266,048 150,232 - - 93,680 5,320 509,960 1,246
L&G Multi-Strategy
Enhanced Commodities UCITS ETF 19,000 208,601 17,344 - - (11,055) 19,000 214,890 17,344
Legal & General Group Plc
Ordinary GBP0.025 13,000 30,524 - - - 2,119 13,000 32,643 2,553
Lloyds Banking Group
Ordinary 10p shares 65,000 31,480 - - - 3,178 65,000 34,658 1,638
M&g Investment Funds (3)
M&g Emerging Markets Shs -Pp- Hedged Gbp 192,000 151,085 (2,852) - - 8,209 192,000 156,442 7,526
Morgan Stanley
Global Asset backed Securities fund GBP 7,750 180,420 470 - - (4,035) 7,750 176,855 11,087
Neuberger Berman
US Large Value fund I4 GBP Dist 17,500 182,175 23 175,800 (15,203) 8,805 - - 2,911
Neuberger Berman Inv fund Plc
US Equity Index put fund I3 GBP 10,000 98,500 - - - 12,700 10,000 111,200 1,335
Ninety One Funds Series III - Global Env
Global Environment Fund Shs -K- Gbp 85,000 137,522 - - - (2,151) 85,000 135,371 1,014
Pearson Plc
Ordinary25p 4,000 33,344 - - - 7,256 4,000 40,600 876

The Celia Blakey Charitable Trust

Investment Schedule For the year ended 5 April 2024

Holding Market Value Cost Proceeds Realised Unrealised Holding Market Value Gross
06/04/2023 06/04/2023 Profit/(Loss) Profit/(Loss) 05/04/2024 05/04/2024 Income
£ £ £ £ £ £ £
Prudential Plc
Ordinary 5p Shares 3,000 33,090 - - - (11,562) 3,000 21,528 469
Redwheel Mdo Mgt Co S.A
Global Emerging Markets S GBP Dist 700 65,171 - - - (364) 700 64,807 1,237
Rio Tinto Plc
Ordinary 10p Shares (regd) 750 39,623 - - - (2,314) 750 37,309 2,423
Robeco BP
Global Premium Equ KE GBP 2,843 305,727 - 177,126 53,612 (15,538) 1,339 166,675 4,690
Sainsbury (J) Plc
Ordinary 28 4/7p Shares 125,000 340,875 - - - (9,125) 125,000 331,750 16,375
Schroder Inv Mgmt Lux Sa
Diversified Alternative Assets S Gbp Dis 2,000 194,680 - - - (20,400) 2,000 174,280 9,935
Schroder Oriental Income Fund
Ordinary GBP0.01 50,000 128,000 - - - 1,500 50,000 129,500 5,900
Schroder Unit Trusts
Asian Alpha Plus S Inc 75,000 86,475 - - - (1,650) 75,000 84,825 1,781
Shell PLC
Registered Shs 2,200 51,986 - - - 9,174 2,200 61,160 2,252
SPDR S&P 500 ETF
Income unit - - 287,780 - - 8,302 720 296,082 874
Standard Chartered PLC
Ordinary USD0.50 4,500 27,675 - - - 3,744 4,500 31,419 727
United Kingdom
0.125 % Treasury Gilt 2020-31.01.28 270,000 231,930 - - - 1,647 270,000 233,577 338
United Kingdom
0.25 % TreasuryGilt 2020-31.07.31 155,000 120,265 - 116,230 (3,477) (558) - - 327

The Celia Blakey Charitable Trust

Investment Schedule For the year ended 5 April 2024

Holding
06/04/2023		 Market Value
06/04/2023
£		 Cost
£		 Proceeds
£		 Realised
Profit/(Loss)
£		 Unrealised
Holding
Profit/(Loss)
05/04/2024
£		 Market Value
05/04/2024
£		 Gross
Income
£
United Kingdom
1.125 % Treasury Gilt 2021-31.01.39
-
United Kingdom(Government Of)
1.25% Idx-Lkd Stk 22/11/2027 GBP100
55,000
United Kingdom(Government Of)
Idx/lkd Gilt 22/11/36 GBP0.01
50,000
Vanguard S+P 500 ETF
Shs Ptg.USD
2,800
Vodafone Group
Ordinary USD0.2095238
15,000
Vontobel Management S.A.
Twentyfour Absolute Rtn Credit Aqng GBP
2,000
Vpc Specialty Lending Invstmnts Plc
Ordinary GBP0.1 C
100,000
William Blair
US Small-Mid Cap Growth Fund JX I GBP
800
WisdomTree Hedged Metal Securities Limit
Daily Hedged Physical Gold
16,500		 -
110,115
70,864
173,817
13,418
191,280
75,400
76,992
176,138
5,964,001		 285,220
-
-
126,159
-
-
-
-
-
1,199,705		 -
-
-
-
-
-
-
-
-
1,151,326		 -
-
-
-
-
-
-
-
-
10,828		 (6,554)
430,000
1,940
55,000
(2,366)
50,000
63,735
4,664
(3,131)
15,000
4,600
2,000
(22,600)
100,000
15,128
800
24,069
16,500
260,066		 278,666
112,057
68,498
363,710
10,287
195,880
52,800
92,120
200,207
6,283,274		 3,528
1,318
89
3,349
1,157
7,700
8,000
-
-
180,406