##
|age No||||
|---|---|---|---|
||Legal and|Administrative|Information|
|2-4|Report of|the Trustees||
|5-8|Auditor's|Report||
||Statement|of Financial|Activities|
|10|Balance Sheet|||
|11-25|Notes to the Accounts|||
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##
|EAR ENDED 31 D|ECEMB|ER 2021||||
|---|---|---|---|---|---|
|||2021|||2020|
|||Notes||||
|INCOME||||||
|Investment
income|||198,485||194,848|
|Total income|||198,485||194,848|
|EXPENDITURE||||||
|Costs ofgenerating|funds|||||
|Charitable
activities||36,210||17,328||
|Donations
made||180,500||174,413||
|Total expenditure|||(216,710)||(191,741)|
|Net gains/(losses)
investments|on||63,756||~49,496|
|NET INCOME BEFORE OTHER RECOGNISED||||||
|GAINS/(LOSSES)|||45,531||(46,389)|
|Gains on revaluation
ofinvestments
- unrealised
gains/(losses)
4|||670,652||~39,874|
|NET MOVEMENT|IN FUNDS||716,183||(86,263)|
|RECONCILIATION|OF FUNDS|||||
|Total funds at 1 January 2021
Net movement
in funds|||7,023,974
716,183||7,110,237
~86,263|
|Total funds carried|forward|at||||
|31 December 2021|||7,740,157||7,023,974|
##
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##
##
||||Date|Amount
received|Total|
|---|---|---|---|---|---|
|Abbott Laboratories||NPV|19/05/21|155.06||
|580 Common
Stock|||16/08/21|159.06||
||||15/11/21|164.24||
|Abrdn pic|||28/09/21|2,021.59||
|27,693 13.968p|Ordinary shares|||||
|AstraZeneca
pic|||29/03/21|3,331.95||
|2,425 US$0.25|Ordinary shares||13/09/21|1,571.40||
|Aviva pic|||21/01/21|1,470.00||
|21,000 Ordinary|25p shares||14/05/21|2,940.00||
||||07/10/21|1,543.50||
|Barclays pic|||17/09/21|720.00||
|21,000 Ordinary|25p shares|||||
|BPpic
36,000 Ordinary|US$0.25shares||26/03/21
18/06/21|1,356.62
1,336.25||
||||24/09/21|1,423.04||
||||17/12/21|1,477.62||
|British American|Tobacco pic||03/02/21|2,235.50||
|4,250.Ordinary
25p shares|||12/05/21
19/08/21|2,290.75
2,290.75||
||||11/11/21|2,290.75||
|C/fwd||||28,778.08||
##
##
|||||Date|Amount
received|Total|
|---|---|---|---|---|---|---|
|B/fwd|||||28,778.08||
|BHP Billiton pic||||23/03/21|4,963.14||
|6,800 Ordinary|5p shares|||21/09/21|9,817.72||
|Burberry Group||pic||06/08/21|2,916.35||
|6,862 Ordinary|5p shares||||||
|CME Group Inc||||28/09/21|252.71||
|450$0.01 cls A||Common Stock||30/12/21|253.70||
|Diageo pic||||08/04/21|1,957.20||
|7,000 Ordinary.|28 101/108p shares|||07/10/21|3,121.30||
|Experian pic||||05/02/21|523.09||
|13,500 ordinary||US$0.10shares||23/07/21|1,155.27||
|GlaxoSmithKline||||15/01/21|1,273.00||
|6,700 Ordinary|25p shares|||08/04/21|1,541.00||
|||||08/07/21|1,273.00||
|||||07/10/21|1,273.00||
|Greencoat
UK Wind pic||||26/02/21|951.40||
|53,600 Ordinary||1p shares||28/05/21|962.12||
|||||27/08/21|962.12||
|||||26/11/21|962.12||
|HSBC Holdings||pic||29/04/21|2,558.75||
|11,000 Ordinary||US$0.50shares||30/09/21|563.23||
|JP Morgan Chase &Co||||03/08/21|322.18||
|590US$1 Common Stock||||02/11/21|364.91||
|Lloyds Banking|Group pic|||25/05/21|903.45||
|158,500 Ordinary||10pshares||13/09/21|1,061.95||
|Legal &General||pic||27/05/21|14,055.68||
|111,200 ordinary||2.5p shares||20/09/21|5,760.16||
|Marshalls
Group||pic||01/07/21|1,222.06||
|,28,420 Ordinary||25p shares||01/12/21|1,335.74||
|Microsoft Corp||||17I06I21|201.06||
|600 UDS$0.00000625 Common|||stock|09/09/21|205.38||
|||||10/12/21|237,91||
|National
Grid pic||||13/01/21|2,890.68||
|17,004 Ordinary||11 17/43p shares||18/08/21|5,468.49||
|Persimmon
pic||||16/08/21|2,530.00||
##
|Y|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021||||
|---|---|---|---|---|---|---|---|
|2|TRUST INCOME (cont'd)|||||||
||||||Date|Amount
received|Total|
||||||||E|
||B/fwd|||||||
|||||||102,617.95||
||Ruffer Investment
Co||||06/04/21|341.05||
||35,900Redeemable
1p preference shares||||02/11/21|556.45||
||Royal Dutch Shell pic||||29/03/21|855.14||
||7,150Ordinary 60.70 Bshares||||21/06/21|876.59||
||||||20/09/21|1,242.67||
||||||20/12/21|1,291.29||
||Sarasin Gbl Higher Div P Inc||||25/02/21|2,367.59||
||170,000shares||||27/05/21|2,198.95||
||||||01/09/21|2,581.28||
||||||26/11/21|2,376.09||
||Scottish Mortgage
Investment|||Trust pic|01/07/21|925.90||
||107,500 Ordinary
25p shares||||03/12/21|714.40||
||Standard
Life Aberdeen||||25/05/21|2,021.59||
||31,650 Ordinary|13.97p shares||||||
||Temple Bar Investments||Trust|pic|31/03/21|1,237.50||
||15,000 Ordinary|25p shares|||30/06/21|1,462.50||
||||||04/10/21|1,462.50||
||||||31/12/21|1,462.50||
|Thermo Fisher Scientific|||Income||19/04/21|23.86||
||150Common
Stock||||15/07/21|23.75||
||||||15/10/21|23.98||
||Unilever
pic||||17/03/21|2,077.40||
||5,525 Ordinary 3 1/9p shares||||10/06/21|2,049.78||
||||||08/09/21|2,040.38||
||||||01/12/21|1,987.90||
|Victrex pic|||||19/02/21|1,753.32||
||3,800 Ordinary|1p shares|||30/06/21|509.96||
|Visa Inc|||||10/06/21|126.51||
|660 US$0.0001||Common|Stock||03/09/21|128.86||
||||||07/12/21|157.71||
|Vodafone Group|||||05/02/21|1,532.67||
||38,500 Ordinary|shares|||06/08/21|1,476.21||
##
##
|||||Date|Amount
received|Total|
|---|---|---|---|---|---|---|
|Unit Trust Income|||||||
|JP Morgan
UK Equity|Income|||26/02/21|250.94||
|45,625 C Income shares||||28/05/21|246.38||
|||||31/08/21|579.44||
|||||30/11/21|606.81||
|JP Morgan
Global Growth||& Income||08/01/21|3,783.50||
|115,000shares||||01/04/21|3,783.50||
|||||09/07/21|3,783.50||
|||||08/10/21|4,876.00||
|Henderson
Far East Income Ltd||||26/02/21|3,915.00||
|67,500 Ordinary
shares||||10/06/21|3,915.00||
|||||06/09/21|3,982.50||
|||||29/11/21|3,982.50||
|M8G Extra Income Fund Sterling Class A||||29/01/21|610.62||
|5,602 shares||||30/04/21|585.41||
|||||30/07/21|1,005.53||
|||||29/10/21|616.22||
|Total unit trust income|received||during the year|||36,522.85|
|Gross Interest|||||||
|Treasury Stock 2030||||22/01/21|1,561.28||
|||||22/07/21|1,568.25||
|Treasury Stock 2029||||30/03/21|50.45||
|||||22/09/21|52.20||
|147,861 Aegon Asset|High Yield||Bond|Monthly|8,227.61||
|490 Legg Mason Global Funds||||Monthly|498.12||
|253,000 Royal London|Ethical Bond|||31/03/21|921.93||
|||||30/06/21|3,137.71||
|||||30/09/21|1,976.18||
|||||31/12/21|691.61||
|122,794 Threadneedle|Sterling Corp Bond|||Bi-Monthly|2,373.12||
|59,015 M 8 G Sec Global||Macro|Bond|31/03/21|55.07||
|||||30/06/21|169.02||
|||||30/09/21|176.04||
|Nominee
account interest|||||||
|Total gross interest received
during the year||||||21 458.59|
|Total income received|during the year|||||198,485.67|
##
##
|CHARITABL|E ACTIVITIES COSTS|||
|---|---|---|---|
|||2021|2020|
|||F||
|Accountancy|charge|1,800|1,800|
|Audit fees||1,800|1,800|
|Stockbrokers'|fees|32,210|13,328|
|Other admin|expenses|400|400|
|||36,210|17,328|
##
##
|Y|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021|||||||
|---|---|---|---|---|---|---|---|---|---|
|4|SCHEDULE OF INVESTMENTS|||||||||
|||||Market value|Additions|Disposal|Realised|Unrealised|Market value|
|||||at 31/12/2020|cost|proceeds|profit/(loss)|profit/(loss)|at 31/12/2021|
|||||F|E||F|E||
||UK Equities|||||||||
||Abbott Laboratories||||50,864|||9,403|60,267|
||580 Common Stock|||||||||
||ABRDN pic (Previously
Standard||Life)|77,900||(66,825)|(11,075)|||
||27,69313.968p|Ordinary
shares||||||||
||Alphabet
Inc||||71,230|||14,326|85,556|
||40 US$0.001 Cls A Common stock|||||||||
||AstraZeneca
pic|||177,606||||32,836|210,442|
||2,425 Ordinary|US$0.25 shares||||||||
||Aviva pic|||68,292||||17,892|86,184|
||21,000 Ordinary|25p shares||||||||
||Barclays pic||||62,704|||4,616|67,320|
||36,000 Ordinary|25p shares||||||||
||British American|Tobacco pic||115,090||||1,084|116,174|
||4,250 Ordinary|25p shares||||||||
||Signature
Aviation
pic|||348,610||(356,196)|7,586|||
||170,500 Ordinary 29.76p shares|||||||||
||BHP Billiton pic|||130,901||||18,665|149,566|
||6,800 Ordinary|US$0.50shares||||||||
||BP pic|||91,728||||27,252|118,980|
||36,000 Ordinary|US$0.25shares||||||||
||Carried forward|||1,010,127|184,798|(423,021)|(3,489)|126,074|894,489|
##
|Y|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021|||||||
|---|---|---|---|---|---|---|---|---|---|
|4|SCHEDULE OF INVESTMENTS (cont'd)|||||||||
|||||Market value|Additions|Disposal|Realised|Unrealised|Market value|
|||||at 31/12/2020|cost|proceeds|profit/(loss)|profit/(loss)|at 31/1 2/2021|
|||||F|E|F||E|E|
||Brought forward|||1,010,127|184,798|(423,021)|(3,489)|126,074|894,489|
||BTGroup pic|||19,838||(29,318)|9,480|||
||15,000 Ordinary|5p shares||||||||
||Burberry
Group|pic||122,795||||1,922|124,717|
||6,862 Ordinary|5p shares||||||||
||Carnival
pic|||30,074||(28,839)|(1,235)|||
||2,200 Ordinary|$1.66shares||||||||
||CME Group Inc||||70,303|||5,600|75,903|
||450 US$0.01 Cls A Common||stock|||||||
||Diageo pic|||201,460||||81,060|282,520|
||7,000 Ordinary|28 101/108p shares||||||||
||Experian pic|||136,073||||41,895|177,968|
||13,500 Ordinary|US$0.10shares||||||||
||GlaxoSmithKline|pic||89,913||||17,729|107,642|
||6,700 Ordinary|25p shares||||||||
||Greencoat
UK Wind pic|||71,931||||3,431|75,362|
||53,600 Ordinary|1p shares||||||||
||HICL Infrastructure
Co Ltd||||69,640|||1,000|70,640|
||40,000 Ordinary|0.01pshares||||||||
||Carried forward|||1,682,211|324,741|(481,178)|4;756|278,711|1,809,241|
##
##
|SCHEDU||E OF INVESTMENTS (cont'd)||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Market value||Additions|Disposal|Realised|Unrealised|Market value|
||||at 31/12/2020
f||costf|proceeds|profit/(loss)|profit/(loss)|at 31/12/2021|
|Brought forward|||1,682,211||324,741|(481,178)|4,756|278,711|1,809,241|
|HSBC Holdings||pic|89,822|||(54,782)|6,633|7,679|49,352|
|23,709/11,000||Ordinary US$0.50 (UK Reg) shares||||||||
|JP Morgan Chase &Co|||||63,932|||5,046|68,978|
|590 US$1 Common stock||||||||||
|Legal &General||Group pic|296,014|||||34,806|330,820|
|111,200 Ordinary||2.5p shares||||||||
|Lloyds Banking|Group||57,756|||||18,007|75,763|
|158,400 Ordinary||10pshares||||||||
|Marshalls
pic|||212,440|||||(15,631)|196,809|
|28,420 Ordinary||25p shares||||||||
|Microsoft Corp|||||102,466|||46,518|148,984|
|600 UDS$0.00000625 Common stock||||||||||
|National
Grid pic|||147,085|||||33,123|180,208|
|18,550 Ordinary||11.395p shares||||||||
|Persimmon
pic|||||68,663|||(2,975)|65,688|
|2,300Ordinary|10pshares|||||||||
|Phoenix Group|Holdings||||52,443|||(187)|52,256|
|8,000 Ordinary|10pshares|||||||||
|Carried forward|||2,485,328||612,245|(535,960)|11,389|405,097|2,978,099|
|||||19||||||
##
|Y|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|4|SCHEDULE OF INVESTMENTS (cont'd)||||||||||
|||||Market value||Additions|Disposal|Realised|Unrealised|Market value|
|||||at 31/12/2020||cost|proceeds|profit/(loss)|profit/(loss)|at 31/1 2/2021|
|||||||||F|F||
||Brought forward|||2,485,328||612,245|(535,960)|11,389|405,097|2,978,099|
||Royal Dutch Shell pic|||90,047|||||25,955|116,002|
||7,150Ordinary
B60.07shares||||||||||
||Ruffer Investment
Co|||94,417||26,611|||10,456|131,484|
||44,875 Redeemable
1p preference shares||||||||||
||Scottish Mortgage
Investment||pic|880,151|||(484,687)|53,717|45,694|494,875|
||133,000/107,500 Ordinary|25p shares|||||||||
||SPDR Series Trust|||||105,387|||675|106,062|
||300S&P 500 ETF||||||||||
||StJames' Place pic|||||69,271|||4,803|74,074|
||4,400 Ordinary
15p shares||||||||||
||Temple Bar Investment
Trust pic|||143,250|||||22,950|166,200|
||15,000 Ordinary 25p shares||||||||||
||Thermo Fisher Scientific Inc|||||49,422|||24,472|73,894|
||150US$1 Common stock||||||||||
||TR Property
Investment
Trust|||||67,552|||6,623|74,175|
||15,000 Ordinary
25p shares||||||||||
||Carried forward|||3,693,193||930,488|(1,020,647)|65,106|546,725|4,214,865|
||||||20||||||
##
|.|4|SCHEDULE OF INVESTMENTS (cont'd)|SCHEDULE OF INVESTMENTS (cont'd)|SCHEDULE OF INVESTMENTS (cont'd)|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Market value|Additions|Disposal|Realised|Unrealised|Market value|
||||||at 31/12/2020|cost|proceeds
f|profit/(loss)
f|profit/(loss)|at 31/12/2021
f|
|||Brought forward|||3,693,193|930,488|(1,020,647)|65,106|546,725|4,214,865|
|||Unilever
pic|||242,659||||(24,670)|217,989|
|||5,525 Ordinary|3 1/9p shares||||||||
|||Victrex pic|||89,148||||3,724|92,872|
|||3,800 Ordinary|1p shares||||||||
|||Visa Inc||||103,398|||2,201|105,599|
|||660USD$0.0001 Common||stock|||||||
|||Vodafone
pic|||46,562||(43,209)|(3,353)|||
|||38,500 Ordinary|$0.20shares||||||||
|||HM Treasury|||103,478||(15,467)|1,139|3,593|92,743|
|||56,0000.125%|Index Linked 2029||||||||
|||HM Treasury|||133,940||(40,438)|2,170|1,026|96,698|
|||25,0004.125%|Index Linked 2030||||||||
|||Total UK Equities|||4,308,980|1,033,886|~1,119,761|65,062|532,599|4,820,766|
##
|Y|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021|EAR ENDED 31 DECEMBER 2021||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|4|SCHEDULE OF INVESTMENTS (cont'd)|||||||||||
||||||Market value||Additions|Disposal|Realised|Unrealised|Market value|
||||||at 31/12/2020||cost|proceeds|profit/(loss)|profit/(loss)|at 31/12/2021|
||||||||||||F|
||UK Unit Trusts &Bonds|||||||||||
||Aegon Asset Management|High Yield Bond|||147,566|||(147,536)|(30)|||
||147,861 shares|||||||||||
||Blackrock Asset Management||(UK)||||62,880|||6,400|69,280|
||40,000 Euro Absolute
Alpha||units|||||||||
||CT Investment
funds (Previously|||Threadneedle)|135,859|||||(5,255)|130,604|
||122,794.1176Sterling Corp||Bond|units||||||||
||Guinness Asset Management||||||204,057|||2,859|206,916|
||7,800 Global Equity Z Income units|||||||||||
||Henderson
Far East||||220,388|||||(21,263)|199,125|
||67,500 Income shares|||||||||||
||iShares pic||||||92,697|||7,300|99,997|
||3,800 Physical
Gold ETC|||||||||||
||JP Morgan
Global Growth 8||Income||444,475|||||91,425|535,900|
||115,000 income shares|||||||||||
||JP Morgan Asset Managers||||40,163|||||6,238|46,401|
||45,625 UK Equity Income shares|||||||||||
||Legg Mason Global Funds||||49,431|||||(990)|48,441|
||490 Blue Chip Shares|||||||||||
||M8G Global Macro Bond||||58,978|||||(3,025)|55,953|
||53,000 Income units|||||||||||
||Carried forward||||1,096,860||359,634|(147,536)|(30)|83,689|1,392,617|
|||||||22||||||
##
##
|Y|EAR ENDED 31 DECEMBER 2021|||||||
|---|---|---|---|---|---|---|---|
|4|SCHEDULE OF INVESTMENTS (cont'd)|||||||
|||Market value|Additions|Disposal|Realised|Unrealised|Market value|
|||at 31/12/2020
F|cost|proceeds|profit/(loss)
f|profit/(loss)|at 31/12/2021|
||Brought forward|1,096,860|359,634|(147,536)|(30)|83,689|1,392,617|
||M8G Extra Income Fund A|62,806||||4,898|67,704|
||5,602 Income Shares|||||||
||Provident
Financial|47,150||(45,874)|(1,276)|||
||46,0006% Loan Notes|||||||
||Royal London
UTM Index Linked Bond|49,725||||1,620|51,345|
||45,000 units|||||||
||Royal London
UTM Ethical Bond|310,684||||(9,614)|301,070|
||253,000 units|||||||
||Sarasin Gbl Higher
Div P Inc|295,970||||57,460|353,430|
||170;000shares|||||||
||Total Unit Trust 8 Bonds|1,863,195|359,634|. ~193,410|~1,306|138,053|2,166,166|
|||6,172,175|1,393,520|(1,313,171)|63,756|670,652|6,986,932|
##
##
|NOTES TO THE FINANCIAL
STATENIENTS
YEAR ENDED 31 DECEMBER 2021|NOTES TO THE FINANCIAL
STATENIENTS
YEAR ENDED 31 DECEMBER 2021|||
|---|---|---|---|
|5
CASH AT BANK||||
|||2021|2020|
|Natwest
bank account||689,350|678,387|
|Rathbones|capital account|51,309|163,287|
|Rathbones|income account|24,351|21,327|
|||765,010|863,001|
|6
CREDITORS||||
|||2021|2020|
|Accountancy|charge|1,800|1,800|
|Audit fees||1,800|1,800|
|Stockbrokers' fees||8,185|7,602|
|||11,785|11,202|
##
##
|he year wa|s:-|
|---|---|
|2021|2020|
|Number|Number|
|NOTES TO THE FINANCIAL S
YEAR ENDED 31 DECEMBER|TATEMENTS
2021||
|---|---|---|
|9
DONATIONS|||
|Candlelighters||4,000|
|Citizens Advice Bureau||2,500|
|Designability||3,000|
|Disability
Action Yorkshire||4,000|
|Dementia
forward||8,000|
|Dewsbury
League ofFriendship||6,000|
|Epilepsy action||3,000|
|Gamekeepers
Welfare Trust||6,000|
|Harold Styan Charity for Youth||4,000|
|Harrogate
and Knaresborough|Toy Library|2,000|
|Harrogate
Neighbours||4,000|
|Harrogate
Skills for Living||3,000|
|Harrogate
Homeless
project||25,000|
|Home Start||5,000|
|Leeds Weekend
Care Association||3,000|
|Marie Curie Cancer Support||4,000|
|Martin House||8,000|
|Pendragon
Community
Trust||3,000|
|Police Treatment
Centre||4,000|
|Rawdon
Community
Library||2,500|
|Royal British Legion||3,000|
|Seashell Trust||3,000|
|Senior Citizens Support Group|(Wakefield)|3,000|
|St Catherine's
Hospice||5,000|
|StGeorge's Crypt||5,000|
|St Michael's
Hospice||8,000|
|St Peter's Church||7,500|
|Supporting
Older People||5,000|
|The Firefighters||3,000|
|The Salvation
Army||3,000|
|The Tweed Foundation||8,000|
|Time Together||3,000|
|War Memorials
Trust||1,000|
|Wetherby
in Support ofthe Elderly||4,000|
|Yorkshire
Air Ambulance||6,000|
|Yorkshire Cancer Research||6,000|
|Yorkshire
Children's
Trust||3000|
|||180,500|