| INCOME FROM: Investments |
Notes | 2024 2023 Unrestricted Funds |
2024 2023 Unrestricted Funds |
|---|---|---|---|
| Investment Income | 22,892 | 20,227 | |
| Interest on Deposits | 591 | 582 | |
| 23,483 | 20,809 | ||
| Subscriptions and Donations |
1,389 | 1,779 | |
| Legacies |
3,977 | 145,313 | |
| Gift Aid Repayments | - | 147 | |
| 5,366 | 147,239 | ||
| TOTAL INCOME | **£28,849 ** | £168,048 | |
| EXPENDITURE ON: | |||
| Raising Funds |
|||
| Investment Management Services |
7,841 | 6.413 | |
| Charitable Activities | |||
| Hospital Needs |
6 | 7,716 | 6,328 |
| Campaigns for Hospital and Patients Services | 6 | 29,920 | 6,512 |
| 37,636 | 12,840 | ||
| TOTAL EXPENDITURE | £45,477 | £19,253 | |
| Net Gains on Investments | 2 | 19,423 | 22,855 |
| NET INCOME | 2,795 | 171,650 | |
| Balance brought forwardat1January | 820,356 | 648,706 | |
| Balance carried forward at 31 December | £823,151 | £820,356 | |
| The notes on pages 8 to 10formpart oftheAccounts. |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| £ | £ | £ | £ | ||
| FIXED ASSETS | |||||
| Rathbones๒corporating | |||||
| InvestecWealth&Investment(UK) | |||||
| Investments | 2 | 818,278 | 758,64? | ||
| CapitalCash | 9,823 | 14,439 | |||
| 828,101 | 773,086 | ||||
| Balam ^ esatBanks^* |
**3 ** | ,3.422 | 50,929 | ||
| 13,422 | 50,929 | ||||
| CREDITORS* | |||||
| AMOUNTS FALLING DUE WITHIN ONE YEAR | 4 | 18,372 | 3,659 | ||
| NET CURRENT (LIABILITIES) / ASSETS | (4,950) | 47,270 | |||
| TOTAL ASSETS | £823,151 | £820,356 | |||
| GENERALFUNDS | £823,151 | £820,356 |
| THE FRIENDS OF THE ROYAL LONDON | ||
|---|---|---|
| HOSPITAL FOR INTEGRATED MEDICINE | ||
| NOTES TO THE ACCOUNTS | ||
| For the year ended 31 December 2023 | ||
| 3. BALANCES AT BANKS | 2024 | 2023 |
| £ | £ | |
| COIFCharitiesDeposit Fund | 1,000 | 1,000 |
| LloydsBank | 11.946 | 49,424 |
| Royal Bank of Scotland | ||
| Current Account | 465 | 466 |
| Business High Interest Account | 11 | 39 |
| £13,422 | £50,929 | |
| 4. CREDITORS: | 2023 | 2022 |
| AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| Accruals | £ | £ |
| IndependentExaminer'sFee |
1,920 | 1,512 |
| Other | 16,452 | 2,147 |
| 18,372 | £3,659 |
| HospitalNeeds CampaignsforHospitaland PatientsServices Support Costs Administration Expenses Governance |
Activities | Grant | Support | Total |
|---|---|---|---|---|
| undertaken | funding of | costs | ||
| directly £ |
activities £ |
£ | £ | |
| 6,148 | - | 1,568 | 7,716 | |
| 28,000 | 1,920 | 29,920 | ||
| £6,148 | £28,000 | £3,488 | £37,636 | |
| 1,568 1,920 £3,488 |
| 2024 | 2023 | |
|---|---|---|
| General | Unrestricted | |
| Balanceat1.1.2024 | 820,356 | 648,706 |
| Income | 28,849 | 168,048 |
| Expenditure | (45,477) | (19,253) |
| Gainsoninvestments | 19,423 | 22,855 |
| Balanceat31.12.2024 | £823,151 | £820,356 |
| Purchases Cost | Purchases Cost | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| **Holdings ** | at 1.1.24 | Sales(proceeds) | Gain | Holdings a | t 31.12.24 | Mid-Market Valne | |||
| Nominal | Cast | Nominal | (Loss) | Nominal | Cost | 2024 | 2023 | ||
| £ | £ | £ | £ | £ | £ | ||||
| UKandOverseasFixedIncome | |||||||||
| UK (Govt of) |
|||||||||
| OJ25%Snr31/OI/28 | - | - | £11,562 | 10,000 | - | £11,562 | 10,000 | 10,262 | * |
| UK (Govt 0<) |
|||||||||
| 0.25%Bds 31/07/31 | - | - | £13.029 | 9,988 | - | £13,029 | 9,988 | 10,070 | - |
| BNY MellonGib Fds | |||||||||
| GlobalBondz GBPIncHgd |
23,470 | 19,501 | - | - | 23,470 | 19,501 | 17,964 | 19,257 | |
| 'shares นpie | |||||||||
| Core UK Gills UleEtf | 4,284 | 43,282 | - | - | - | 4,284 | 43,282 | 42,347 | 45,373 |
| 1sharesยpic |
|||||||||
| USDTips UwEtfGBP Dis | 4,591 | 21,474 | - | - | 4,591 | 21,474 | 21,880 | 22,492 | |
| JupiterUTManagers |
|||||||||
| JutiperGblStret BdzDis | 32,899 | 33,067 | - | . X | - | 32,899 | 33,067 | 26,098 | 27,641 |
| MorganStanley If EMGMfas |
|||||||||
| DT OppsJhr GBPD1S | 2,405 | 19,192 | - | - | - | 2,405 | 19,192 | 21,020 | 20,082 |
| Muanich_&_Co MuzimchGbi | |||||||||
| TeatCrG GBPHSen | 330 | 30,519 | - | 146 | - | 330 | 30,665 | 31,126 | 31,235 |
| £167,035 | £20,134 | £0 | £187,169 | £180,767 | £166,080 | ||||
| Equities | |||||||||
| Aterfestt $m$r Cos pic | |||||||||
| Ip Ordinary shares | 2,000 | 26,945 | - | * -** |
- | 2.000 | 26,945 | 29,300 | 27,600 |
| AdobeInc | |||||||||
| COMUS$0.0001St | . | . - | 18 | 8,207 | . * |
- | พ | * | - |
| - | - | (18) | (7.630) | (577) | - | - | - | - | |
| AlphabetInc | |||||||||
| CAP รนเUSD0.00I C! A | 67 | 7,343 | 40 | 5,521 | - | 107 | 12,864 | 16,167 | 7,342 |
| Amazon Com Inc | |||||||||
| US$0.01 | - | - | 47 | 7,130 | - | 4? | 7,130 | 8,230 | • |
| AsmlHolding | |||||||||
| NvEURO .09 | 16 | 8,012 | - | * | - | 16 | 8,012 | 8,976 | 9.453 |
| AssaAbloy |
|||||||||
| s»'B‘Npv | 450 | 8.688 | - | - | - | 450 | 8,688 | 10,623 | 10,171 |
| BA Beutel Goodman | |||||||||
| BA Beutel GoodmanUSValc | 2174 | 27,023 | - | - - | 2,174 | 27,023 | 32,153 | 28,958 | |
| BHMacro | |||||||||
| OrdNPV(GBP) | 3,050 | 13,086 | - | - | * | 3,050 | 13,086 | 12,421 | 11,201 |
| BantersinvestmentTrustpic | |||||||||
| 2.5pOrdinary shares | 21542 | 20952. | - | - | - | 21,542 | 20,952 | 24,795 | 22,037 |
| CarriedForward | 112,049 | 13,228 | (577) | 124,700 | 142,665 | 116,762 |
| Holdings at i.1.24 |
Holdings at i.1.24 |
Purchases Cost Sales (proceeds) |
Purchases Cost Sales (proceeds) |
Gain |
**Holdings at ** | 31.1244 | Mid-Market Value | Mid-Market Value | Income | |
|---|---|---|---|---|---|---|---|---|---|---|
| Ncmiiial | Cost £ |
Nominal | £ | (Loss) £ |
Nominal | Cost £ |
2024 £ |
2023 £ |
2014 £ |
|
| Brought Forward | 112,049 | 13428 | (577) | 124,700 | 142,665 | 116,762 | 2,191 | |||
| BlackrockFmLtd Euro Dynamic Fd Inc |
6,180 | 14,634 | (6,180) | (16,459) | 1,825 | นน | .นน. | 17,339 | . | |
| BookingHdlgslne COMบรร0.008 St |
.« | . . | 2 | 5,452 | 2 | 5,452 | 7,931 | * | 47 | |
| BoozAllenHamilto COM us$).01 Claaaa A |
.น;- | .* | 73 | 10,524 | 73 | 10,524 | 7,499 | น4 | 25 | |
| CADENCEDesignSys COM us$ 0.01 |
’ * |
.« | 40 | 8,640 | 40 | 8,640 | 9,593 | * | ||
| CompassGrouppic น.05p Ord shares |
363 | 4,097 | „ - |
. * | นน. | 363 | 4,097 | 9,658 | 7,792 | 161 |
| 28101/108p Ordinary shs | 290 | 8.368 | พ | * • • |
น่;- | 290 | 8,368 | 7,358 | 8.283 | 230 |
| Eli Lilly andCo COM NPV |
- | ร.- | 9 | 4,509 | 9 | 4,509 | 5,546 | * • |
31 | |
| Empiric Student Prop Fund pic ipOrdinary shares |
10,000 | 10489 | • | •* | 10,000 | 10489 | 8,355 | 9,470 | 356 | |
| Experian pic Ord USD 0.10 |
256 | 7.071 | *. | » . | ,น. ’ |
256 | 7,07! | 8,831 | 8,196 | 118 |
| Fedrtd Hrros Inv FH Asia ExJpnEqF2USD |
6.000 | 12,214 .. | . | 8 | * | 6,000 | 12422 | 14,816 | 13,465 | 443 |
| FinlayParkFds American 1USD Dis |
127 | 9.795 | (127) | (21,1401 | 11,345 | น. | น,. | น,.. | 19,922 | 14 |
| Goldman Sachs Fund GS Ems Eq pfolio 1 GBP |
760 | 14,668 | . น; |
•» | พ | 760 | 14,668 | 12,988 | 11,795 | 156 |
| Helms pic MpOfdinaty stares |
450 | 10,740 | * | .* | นน | 450 | 10,740 | 12,107 | 10487 | 97 |
| Hipgnosis Songs Fu OrdNPV |
8,000 | 10,015 | (8.000) | 18436) | (1,679) | น. | * | น, | 5,768 | น่ |
| INTPublicPartnerpic O.OIpOrdinaryshares |
12,241 | 15404 | * | * | 12,241 | 15,304 | 14,848 | 16,770 | 1,010 | |
| JPMorpmChase&Co COMUSD1.00Sen |
73 | 7,729 | * | น,. ' |
73 | 7,729 | 13,967 | 9,741 | 224 | |
| JupiterUTMangers UK Spec Sims X GBP |
25,073 | 25,078 | . V | 25,073 | 25,078 | 29,754 | 28445 | 1,122 | ||
| LondonmetricProppic lOpOrdinaryshares |
» | .* | 4416 | 7.613 | - | 4,516 | 7.613 | 8,131 | .„ | 264 |
| LifeSciencepic Reit Ord GBP0.01 |
12,931 | 9,221 | พ่- | V | 12,931 | 9,221 | 5,004 | 8,159 | 259 | |
| 271.272 | 4,039 | 10,914 | 286425 | 319,051 | 292,094 | 6,748 |
| Holdingsat t.1,24 | Holdingsat t.1,24 | Purchases Cost Sales (proceeds) Nominal £ 4,039 105 9,884 iam_ (7,613) - 1_ (86) •» . พ •- _ 102 §,522 60 5,701 60 7.195 » - 4,500 4,. . (920) (6.074) »' " . 21.568* |
Purchases Cost Sales (proceeds) Nominal £ 4,039 105 9,884 iam_ (7,613) - 1_ (86) •» . พ •- _ 102 §,522 60 5,701 60 7.195 » - 4,500 4,. . (920) (6.074) »' " . 21.568* |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Gaia | Holdingsat | 31.12.24 | Mid-Market Value | Income | ||||||
| Nominal | Cost £ |
Nominal | £ | (Loss) | Nominal | Cost | 2024 | 2023 | 2024 | |
| £ | £ | £ | £ | £ | ||||||
| Brought Forward | man | 4,039 | 10,914 | 286,225 | 319,051 | 292,094 | 6,748 | |||
| LondonStockExchangepic OrdGBPO.06918004 |
4. | .4, | 105 | 9,884 | ||||||
| - | 105 | 9.884 | น,870 | * | 43 | |||||
| LXIReitplc IpOrdinaiyShares |
8,212 | 7,613 | i*am | (7,613) | ||||||
| - | - | - | - | 8,586 | 271 | |||||
| Lvmh Meet Hennessy EUR 0.30 Sett |
10 | 7,466 | - * | |||||||
| 10 | 7,466 | 5,253 | 6,358 | 82 | ||||||
| M&G InvestmentsFd(!J M&G JapanSterlingDis |
9,443 | 12,571 | *1 | (86) | ||||||
| - | 9,443 | 12,485 | 13,699 | 12,486 | 159 | |||||
| MicrosoftCorp COMUSD0.00000625 |
so | 8,018 | •» | * | ||||||
| - | 50 | 8,018 | 16,822 | 14.750 | 102 | |||||
| Nestle SA CHFOKXRegd) |
120 | 10,081 | *. | พ | ||||||
| - | 120 | 10,081 | 7.914 | 10,908 | 205 | |||||
| Nextenergy SolarProp.Pic F RedOld Npv |
14,220 | 14,240 | •- | * | ||||||
| - | 14,220 | 14,24« | 9,343 | 13,097 | 1,193 | |||||
| Nikeinc Class B Com NPV |
95 | 7,487 | _ | |||||||
| - | 95 | 7,487 | 5,738 | 8,091 | 93 | |||||
| Novo Nordisk A'sSer'B’DKKO.I Sen |
102 | §,522 | ||||||||
| - | 102 | 8,522 | 7,057 | - | 85 | |||||
| NvidiaCorp COM USS0.001 |
* | 60 | 5,701 | |||||||
| - | 60 | 5.701 | 6,43! | - | ! | |||||
| PaloAito Networks COM USS).0001Sett |
* • |
_ | 60 | 7.195 | ||||||
| - | 60 | 7,195 | 8,714 | - | - | |||||
| Polar Capital Gbl Financials Tst pic 5pOrdinary shares 10,000 |
14,648 | * | » - |
|||||||
| - | 10,000 | 14,648 | 19,060 | 14,910 | 460 | |||||
| PolarCapitalTechnicalTrust 2.5p Ordinaryshares |
pk 500 |
»0,657 | 4,500 | 4,. | ||||||
| - | 5,000 | 10,657 | 17,475 | 12,938 | - | |||||
| PritattyHealthProppi 12.5pOrdinary shares* |
10,600 | 15,477 | *. | |||||||
| - | 10,600 | 15,477 | 9,892 | 11,008 | 731 | |||||
| Prudential pte 5pOrdinaryshares |
930 | 7,062 | (920) | (6.074) | ||||||
| (988) | - | - | * | 8,250 | 154 | |||||
| RYLBkCanadatLon) 37514BrentCrude26 |
13,884 | 10,995 | »' " | |||||||
| - | 13.884 | 10,995 | 10.651 | 11,164 | - | |||||
| RioTinto pic JOpOrdinary shares |
134 | 1,147 | * | |||||||
| * | 134 | 1,147 | 6,329 | 7,829 | 453 | |||||
| RocheHlgs Ag GettusscheineNPVSett |
31 | 7,797 | . | |||||||
| - | 31 | 7,797 | 6,976 | 7,066 | 172 | |||||
| 406,531 | ||||||||||
| 9,926 | 438,025 | 482,275 | 439,535 | 10,952 |
| Holdings St 1.1.24 |
Holdings St 1.1.24 |
Purchases Cost Sites (prereeds) |
Purchases Cost Sites (prereeds) |
Gate | Heidlagsat 31,1224 | Heidlagsat 31,1224 | Mid-Market Value | Mid-Market Value | Income | |
|---|---|---|---|---|---|---|---|---|---|---|
| Nominal | Cost |
Netnteai | «นพ) | Nominal | Cost | 1924 | 2023 | 2024 | ||
| l | £ | £ | £ | £ | £ | £ | ||||
| Brought Forward |
406,531 | 21,568 | 9,926 | 438,025 | 482,275 | 439,535 | 10,952 | |||
| Roper Technologies |
||||||||||
| COM USD 0.01 Sen |
35 | 9,540 | * | * | - | 35 | 9,540 | 14,523 | 14,968 | 70 |
| SchneiderElectric |
||||||||||
| EU4.00 | 57 | 7.642 | - | - | 57 | 7,642 | เพ50 | 8,980 | 127 | |
| Schroder enema! pk |
||||||||||
| lpOrdinanr shates |
8,000 | 15,198 | - | - | - | 8,000 | 15,198 | 21,860 | 20,240 | 960 |
| Schroder UnitTrust |
||||||||||
| US Smaller Cos ZDia |
10.000 | 14,608 | * | - | * '** |
10,000 | 14.608 | 20,530 | 18230 | 10 |
| SoteredgeTechncks |
||||||||||
| US$0.0001 |
37 | 3.669 | (37) | (1,095) | (2,574) | - | - | * | 2,717 | - |
| TheRenewahfefInf |
||||||||||
| OrdNpv |
10,500 | 13,389 | - | - | . | 10,500 | 13089 | 9,020 | 11,939 | 581 |
| Thermo Fisher Scie |
||||||||||
| COM US1 |
IT | 7,850 | 16 | 7,323 | * | 33 | 15,173 | 13,703 | 7,079 | 25 |
| Trojan,Inv Fds |
||||||||||
| TrojanX Ace |
ร,000 | 9J99 | - | 125 | - | 8,000 | 9,524 | 11,115 | 10,420 | 125 |
| Unileverpie |
||||||||||
| 3.1lipOrdinary shares |
165 | 7,529 | * | •- | * | 169 | 7,529 | 7,685 | 6,422 | 248 |
| Valu-Ttac Inv FdsVTProtean |
' |
|||||||||
| CapitalBderA GBP |
15,000 | 14,389 | - | * | - | 15,000 | 14,389 | 14,589 | 14,497 | 699 |
| VisaInc |
||||||||||
| ComSticUSD0.0001 | 70 | 11,176 | - | - | - | 70 | 11,176 | 17,658 | 14297 | 100 |
| WaltDisneyCo. |
||||||||||
| COMDianey USD0.9I |
uo | 7,214 | (110) | S7.847) | 633 | - | - | - | 7,791 | 22 |
| WaretouKRcdpk |
||||||||||
| IpOrdinaryshares | 16,787 | 16,906 |
* |
* | 16,787 | 16.906 | 13,203 | 15,452 | 1,074 | |
| 1 | £20,074 | £7,985 | £573,099 | £637,511 | £592,567 | £14,993 | ||||
| GRANDTOTALS | £712,075 | £40,208 | £7,985 | £760068 | £818,278 | £758,647 | £22,892 |