## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted||Unrestricted| |---|---|---|---|---|---| |||Funds and Total||Funds and Total|| ||||Funds||Funds| ||||2021||2020| ||Note||E||E| |Income from:|||||| |Investment Income|||||| |Dividends on Quoted Investments|||206,694||272,935| |Interest on Stocks|||51,151||70,204| |Bank Interest|||171||1,464| |Total Income||E|258,016|E|344,603| |Expenditure on:|||||| |Charitable Activities|2 & 3||169,993||251,630| |Total Expenditure|||169,993|E|251,630| |Net Income and net movements in funds before|||||| |gains on investments|||88,023||92,973| |Net gains/(losses) on investment|||||| |Unrealised gains/(losses) on investments|4||1,773,892|-|1,527,760| |Realised gains/(losses) on investments|||72,972|-|88,026| |Net Movement in Funds|||1,934,887|-|1,522,813| |Balance brought forward 6th April 2020|||7,852,284||9,375,097| |Balance carried forward 5th April 2021||E|9,787,171|E|7,852,284| ## ||Note|2021|2020| |---|---|---|---| |Fixed Assets|||| |Investment assets|4|9,604,835|7,674,483| |Current Assets|||| |Debtors|5|2,015|3,314| |Cash at Banks and in Hand||190,606|180,888| |||192,621|184,202| |Creditors: amounts falling due within one year|6|10,285|6,401| |Net Current Assets||182,336|177,801| |Net Assets||£ 9,787,171|7,852,284| |The Funds of the Charity|||| |Unrestricted Funds||9,787,171|7,852,284| |||£ 9,787,171|£ 7,852,284| ## ## ## ## |statements was £9,470,850||| |---|---|---| |2. Direct Charitable Expenditure|2021|2020| |Donations||| |Financial Assistance|130,739|180,958| |Return of Financial Assistance (see note 9)|90,000|35,000| |J V Trust Week ä||37,002| |Governance Costs (see note 3)|129,254|68,670| ||169,993|£ 251,630| |3. Governance Costs||2021|2020| |---|---|---|---| |Trust Management||73,218|55,586| |Investment Management||44,608|-| |Audit||8,280|8,280| |Insurance||408|408| |Trustees' travel and expenses (four Trustees)||2,691|2,489| |Bank Charges||18|21| |Sundry||31|1,886| |||129,254|68,670| |Trustees' emoluments were £nil (nil 2020)|||| |4a. Fixed Asset Investments|2021|2021|2020| |Investments in subsidiary undertaking (Notes 4b & 4c)||725,396|725,396| |Quoted Investments|||| |Opening Market Value 6th April 2020|6,949,087||| |Additions|1,126,731||| |Disposal Costs|970,271||| |Unrealised investment losses|1,773,892|8,879,439|6,949,087| |Market Value 5th April 2021||£ 9,604,835|£ 7,674,483| |Historic Opening Book Cost 6th April 2020|£ 6,088,394||| |Closing Book Cost at 5th April 2021|£ 6,244,854||| ## ## |The results of the subsidiary undertaking for the year ended 5th April 2021 are as follows:||||| |---|---|---|---|---| |The company has not traded and was dormant in the current year and prior year|2021||2020|| ||£||£|| |Income||||| |Expenditure||||| |Income for the period||||| |Balance Sheet|2021||2020|| ||£||£|| |Fixed assets at cost||||| |Tangible assets||80,000||80,000| |Current Assets||1||1| |||80,001||80,001| |Creditors||||| |Amounts falling due within one year||||| |Total assets less current liabilities||80,001||80,001| |Creditors||||| |Amounts falling due after more than one year||||-| |Net Assets|£|80,001|£|80,001| |Represented by:||||| |Members capital||80,001|80,001|| |Retained Profit/Loss||-||| |Profit and Loss reserve||||| ||£|80,001|£ 80,001|| |The results of the subsidiary undertaking for the period ended 5th April 2021 are as follows:|||||| |---|---|---|---|---|---| |Profit and loss account||2021||2020|| |||£||£|| |Income|||22,203||22,219| ||||22,203||22,219| |Expenditure|||||| |Professional fees|||||| |Shakespeare Martineau|||||| |Company Management|14,915||||| |VAT|2,983||||| |Cooper Parry Tax Support|4,380||||| |Joscelyne Chase, Rental Agents Fees|2,880||||| |Property Repairs/Expenses|||||| |Insurance/Rates/Service Charge|||||| |Bank Charges|15||||^| |Sundry|53||25,226||27,098| |Expenditure for the period|||3,023||4,879| |Taxation|||339||210| |Net income/(expenditure) for the period after taxation||-£|2,684|-£|4,669| |Balance Sheet||2021||2020|| |||£||£|| |Fixed assets at cost|||||| |Tangible assets||602,700||602,700|| |Current Assets|||||| |Bank balances|||39,156||42,070| |Debtors|||||| |Net Current Assets||641,856||644,770|| |Creditors|||||| |Amounts falling due within one year|||1,599||1,829| |Total assets less current liabilities||640,257||642,941|| |Creditors|||||| |Amounts falling due after more than one year|||||| |Net Assets||£ 640,257||£ 642,941|| |Represented by:|||||| |Members capital||651,099||651,099|| |Retained Profit/Loss|||8,158||3,489| |Income and Expenditure|||2,684||4,669| |||£ 640,257||£ 642,941|| |5. Debtors|||||| |||2021||2020|| |||£||£|| |Accrued Interest|||1,835||2,998| |Jeannette Westwood|||180||316| |||£|2,015|£|3,314| ## ## |6. Creditors: amounts falling due within one year|||| |---|---|---|---| ||2021|2021|2020| ||||f_| |Accruals and Deferred Income|||| |Shakespeare Martineau|5,285||6,281| |Mr G Smith|5,000|10,285|120| |||10,285|6,401| |7. Contingent Liabilities|2021|2021|2020| |Billingham Spiritualist Church|11,800||| |Clitheroe Progressive Spiritualist Church|8,900||3,379| |Tamworth Spiritualist Church|6,600|27,300|| |||27,300|3,379| ## ## ||Opening|Description|Opening Book|Dateof|Book Costof|Net Proceeds|Net Proceeds|Nominal||Cost of|Closing||Closing Book|Dividends &|Dividends &|Value 5th April|Value 5th April||Accrued|Unrealised Gains|Unrealised Gains||Realised| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Nominal||Cost|Sale/|Sales||of Sale|Purchased/||Purchase|Nominal||Cost||Interest||2021||Interest|||Gains/Losses|| |||||Purchase||||Sold|||||||Received||||||||| ||||E||E||E|||E|||E||E||E||E||E||E| |£|223,000.00|Treasury 3.75% Stock 2020|220,729.22|07-Sep-20|220,729.22||223,000.00|£ 223,000.00||£|||||4,181.25||||||-||2,270.78| |£|221,600.00|Treasury 4% Gilt 2022|221,097.25|||||||£|221,600.00||221,097.25||8,864.00||229,696||699.00||8,598.75||| |£|156,357.00|Treasury 5% Stock 2025|166,238.34|||||||£|156,357.00||166,238.34||7,817.86||185,472||616.00||19,233.66||| |£|29,000.00|Treasury 4 1/8% Stock 2030|98,017.30|||||||£|29,000.00||98,017.30||2,581.95||108,118||520.00||10,100.70||| |£|268,000.00|Lloyds Banking Grp 7.625% 27/6/49|225,942.88|27-Jul-20|225,942.88||279,340.00|£ 268,000.00||£|||||1,776.96||||||||53,397.12| ||204,000|Aberdeen Standard European Logistics Ord 1p|210,153.44||||||||204,000||210,153.44||10,118.40||221,340||||11,186.56||| ||16,000|John Wood Group Ord 4 2/7p|87,067.89||||||||16,000||87,067.89||||42,672|||-|44,395.89||| |||cifwd|E 1,229,246.32||£ 446,672.10|E|502,340.00||E|||E|782,574.22|E|35,340.42|E|787,298|E|1,835.00|E|4,723.78|E|55,667.90| |Opening|Description|Opening Book|Date of|Book Cost of|Net Proceeds|Nominal|Cost of|Closing|Closing Book|Dividends &|Value 5th April|Accrued|Unrealised Gains|Unrealised Gains||Realised| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Nominal||Cost|Sale/|Sales|ofSale|Purchased/|Purchase|Nominal|Cost|Interest|2021|Interest|||Gains/Losses|| ||||Purchase|||Sold||||Received||||||| |||E||£|£||£||£|£|£|E||£||£| ||b/fwd|£ 1,229,246.32||£ 446,672.10|£ 502,340.00||£ -||£ 782,574.22|£ 35,340.42|£ 787,298 £ 1,835.00||£|4,723.78|£|55,667.90| |11,075|Aviva plc Ord 25p|76,737.36|01-May-20|76,737.36|26,267.89|11,075||-||||||||50,469.47| ||Baillie Gifford Positive Change B Distribution Units||07-Sep-20|||34,000|94,618.00|34,000|94,618.00|-|116,382|||21,764.00||| |8,294|BHP Group (formerly Billiton) Ord US$0.50|112,250.73||||||8,294|112,250.73|9,546.06|171,478|||59,227.27||| |11,375|Blackrock Smaller Cos Trust Ord 25p|50,138.06||||||11,375|50,138.06|3,696.88|199,745|||149,606.94||| |25,100|BP plc $.25|68,457.92||||||25,100|68,457.92|5,037.75|72,727|||4,269.08||| |50,542|BT Grp plc Ord 5p|132,449.54||||||50,542|132,449.54||79,048|||53,401.54||| |102,361.948|Charities Property Fund Prop Fund Uts|100,440.01|31-Dec-20|100,440.01|126,016.25|102,361.948|||-|4,950.11||||||25,576.24| |38,824|City of London lv Trust Ord 25p|91,818.89||||||38,824|91,818.89|7,376.56|146,755|||54,936.11||| |4,000|Diageo Ord 28 101/108p|49,088.54||||||4,000|49,088.54|2,795.20|120,260|||71,171.46||| ||c/fwd|£ 1,910,627.37||£ 623,849.47|£ 654,624.14||£ 94,618.00||£ 1,381,395.90|£ 68,742.98|£ 1,693,693 £ 1,835.00||E|312,297.10|E|30,774.67| ## |Opening|Description|Opening Book|Date of|Book Costof|Net Proceeds|Nominal|Cost of|Closing|Closing Book|Dividends &|Value 5th April|Accrued|Unrealised Gains|Realised| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Nominal||Cost|Sale/|Sales|of Sale|Purchased/|Purchase|Nominal|Cost|Interest|2021|interest||Gains/Losses| ||||Purchase|||Sold||||Received||||| |||£||£|£||£||£|£|£|£|£|£| ||b/fwd|£ 1,910,627.37||£ 623,849.47|£ 654,624.14||£ 94,618.00||£ 1,381,395.90|£ 68,742.98|£ 1,693,693 £ 1,835.00||£ 312,297.10|£ 30,774.67| |3,200|Carnival PLC Ord|161,279.68||||||3,200|161,279.68||52,019||109,260.68|| ||CRH Ord Euro .32||17-Jul-20|||2,400|69,871.00|||||||| ||||29-Jul-20|||1,700|49,211.62|4,100|119,082.62|517.17|137,104||18,021.38|| |13,468|Compass Group Ord 11.05p|44,232.13||||||13,468|44,232.13||201,279||157,046.87|| |14,258|GlaxoSmithKline Ord 25p|198,782.24||||||14,258|198,782.24|11,406.40|182,132||16,650.24|| |20,600|Experian Group Ltd Ord $0.10|79,966.16||||||20,600|79,966.16|7,568.29|524,270||444,303.84|| |53,000|Fidelity European Val Ord 2.5p|119,142.45|04-Sep-20|||37,000|97,085.70|90,000|216,228.15|4,396.40|250,200||33,971.85|| |110,000|Henderson Diversified Income Trust Ord lp|99,917.01||||||110,000|99,917.01|4,840.00|90,860||9,057.01|| |178,666|HICL Infrastructure Co Ltd Ord lp|217,094.99||||||178,666|217,094.99|14,739.95|294,442||77,347.01|| |40,000|J P Morgan Asian Investment Trust Ord 25p|143,348.00||||||40,000|143,348.00|6,600.00|202,000||58,652.00|| |178,130|J P Morgan Euro Inv Trust Inc2.5p Shares|63,679.74|04-Sep-20|63,679.74|209,859.58|178,130.00||||2,493.82||||146,179.84| |9,779|J P Morgan Emerging Markets Inv Trust Plc Ord 25p|49,997.35|04-Sep-20|49,997.35|103,626.40|9,779|||-|508.51||||53,629.05| |15,000|J P Morgan Indian Investment Trust Plc Ord 25p|82,373.75||||||15,000|82,373.75||110,175||27,801.25|| |50,000|J P Morgan Global Growth & Income Ord 2p|149,042.20|04-Sep-20|||28,000|97,665.88|78,000|246,708.08|8,407.40|322,140||75,431.92|| ||J P Morgan US Equity Income C Onc Navigation Units||08-Sep-20|||30,000|98,010.00|||||||| ||||19-Nov-20|||30,000|102,584.63|60,000|200,594.63|173.63|224,100||23,505.37|| |11,000|Land Securities Group plc Ord 10 2/3p|111,288.95|17-Jun-20|111,288.95|69,158.80|11,000|||-|||||42,130.15| ||Legal & General Ord 25p||29-Jul-20|||45,000|101,323.00|45,000|101,323.00|2,218.50|127,530||26,207.00|| |12,750|Lowland Investment Co Ord 25p|143,764.56||||||12,750|143,764.56|7,650.00|154,913||11,148.44|| |22,132|Lloyds Banking Group Ord 10p|121,455.35|04-Sep-20|121,455.35|5,974.41|22,132||||5,108.75||||115,480.94| |33,867|Morrisons (Wm) Supermarkets plc 10p|94,994.85||||||33,867|94,994.85|3,684.73|61,435||33,559.85|| |91,041|Melrose Industries Ord 6.857143p (formerly GKN)|96,158.05||||||91,041|96,158.05|-|157,956||61,797.95|| |30,000|Morant Wright Nippon Yield B Distribution|104,056.82||||||30,000|104,056.82|3,106.53|104,898||841.18|| |18,500|Murray Intl Ord 25p|209,642.60||||||18,500|209,642.60|9,897.50|220,890||11,247.40|| |25,988|National Grid plc Ord 12.431289p|77,437.66||||||25,988|77,437.66|12,734.12|224,380||146,942.34|| |64000|North American Income Trust 5p|198,124.60|19-Nov-20|||36,000|83,101.00|100,000|281,225.60|6,956.00|261,000||- 20,225.60|| |14,250|Polar Capital Tech Trust Ord 25p|49,904.98||||||14,250|49,904.98||317,490||267,585.02|| |5,800|Reckitt Benckiser Ord 10p|43,704.02||||||5,800|43,704.02|10,126.80|376,768||333,063.98|| ||clfwd|£ 4,570,015.51||£ 970,270.86|£ 1,043,243.33||£ 793,470.83||£ 4,393,215.48|£ 191,877.48|£ 6,291,674 £ 1,835.00||£ 1,898,458.52|£ 72,972.47| |Opening|Description|Opening Book|Date of|Book Costof|Net Proceeds|Nominal|Costof|Closing|Closing Book|Dividends 8,|Value 5th April|Accrued|Unrealised Gains|Realised| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Nominal||Cost|Sale/|Sales|of Sale|Purchased/|Purchase|Nominal|Cost|Interest|2021|Interest||Gains/Losses| ||||Purchase|||Sold||||Received||||| |||E||£|E||£||£|E|£|E|£|£| ||b/fwd|E 4,570,015.51||£ 970,270.86|£ 1,043,243.33||£ 793,470.83||£ 4,393,215.48|£ 191,877.48|£ 6,291,674|£ 1,835.00|£ 1,898,458.52|E 72,972.47| |10,000|Relx Ord 0.14444|195,157.70||||||10,000|195,157.70|4,570.00|183,450||11,707.70|| |3,945|Rio Tinto Ord 10p|120,736.39||||||3,945|120,736.39|11,724.93|216,147||95,410.61|| |-|Rh
T Capital Partners Ord E1||14-Jan-21|||8,200|168,368.15|8,200|168,368.15||195,980||27,611.85|| |7,824|Royal Dutch Shell Plc 'B' Shares Eur 0.07|38,312.83||||||7,824|38,312.83|3,850.19|104,466||66,153.17|| |21,700|SAGE Ord 1.051948p|148,088.29||||||21,700|148,088.29|3,743.25|135,582||12,506.29|| |140,000|Man Asset Mgmt Ireland Ltd (form Sanlam) Strat Bond IXF GBP I|156,851.20||||||140,000|156,851.20|4,830.00|145,670||11,181.20|| |36,250|Scottish Mortgage Inv Trust25p|49,605.17||||||36,250|49,605.17|1,199.88|421,769||372,163.83|| |4,700|Severn Trent 97.89p|83,035.39||||||4,700|83,035.39|4,731.96|108,382||25,346.61|| |8,700|Smiths Group plc Ord 37.5p|101,256.16||||||8,700|101,256.16|3,045.00|136,242||34,985.84|| |7,500|Smith and Nephew Ord 20p|99,743.50||||||7,500|99,743.50|830.25|101,925||2,181.50|| |4,300|Smurfit Kappa Ord|99,660.62||||||4,300|99,660.62|3,195.64|149,196||49,535.38|| |36,500|TR Property Inv Trust 25p|82,850.63|29-Jul-20|||22,000|74,600.00|58,500|157,450.63|6,254.00|230,783||73,332.37|| |25,566|Tate & Lyle plc Ord 25p|122,193.58||||||25,566|122,193.58|7,567.54|195,682||73,488.42|| |85,000|Valu-Trac VT Gravis UK Infra Inc I Net Income|99,079.65|05-May-20|||40,000|41,375.93|||||||| ||||30-Jul-20|||45,000|48,916.11|170,000|189,371.69|6,707.10|181,572||7,799.69|| |60,550|Vodafone Group USD 0.2095238|121,807.49||||||60,550|121,807.49|4,880.74|80,919||40,888.49|| |153,000|Yeoman Inv Trust 10p ZDP (in liquidation)|||||||153,000||||||| ||Totals|E 6,088,394.11||£ 970,270.86|E 1,043,243.33||£ 1,126,731.02||E 6,244,854.27 E 259,007.96||£ 8,879,439|E 1,835.00|£ 2,634,584.73|£ 72,972.47| ## |eneficiary|£| |---|---| |Psychic Press Ltd|75,060.00| |Arthur Findlay College|25,500.00| |Leicester Progressive Spiritualist Church|7,000.00| |Mr G Smith|5,000.00| |Bloxwich National Spiritualist Church|5,000.00| |Fulham Spiritualist Church|4,200.00| |Albert Road Spiritualist Church|3,379.00| |Darren Brittain|2,100.00| |Mrs A Salisbury|1,000.00| |Mrs S Snow|500.00| |Mrs L Bond|500.00| |Mrs Eileen Davies|500.00| |Mr G Smith|500.00| |Mr A Stuttle|500.00| |Total|130,739.00| |Less|| |Donations Received from Summerland Trust|90,000.00| ||40,739.00| |Add|| |JV Trust Reunion Week|| |JV Trust Week 2020|| |J V TR Limited|| |JV TR Property Limited|I..| |Total Net Financial Assistance|£ 40,739.00| ## ##