## **THE EDWIN & JOYCE HILL CHARITABLE TRUST** **ACCOUNTS For The Year 6 April 2022 To 5 April 2023** ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST** ## **CONTENTS** |_______________________________________________________________|_______________________________________________________________| |---|---| ||Page| |Synopsis|1| |Report|2| |Balance Sheet|3| |Capital Account|4| |Income Account|5| |Investment Schedules|6-13| |Notes|14| ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST SYNOPSIS AT 5 APRIL 2023** **Date of settlement** 2nd October 1978 **Charity registration number** 276849 **Trustees** Mrs Elizabeth Mary Atkinson Mrs Moira Sheelagh Morris Michelmore Mr Alfred David Wheaton The current trustees have the power to appointment new **Administration** trustees. **Address** Warwick House, 30 High Street, Sidmouth, EX10 8EA The object of the charity is to help with the educational and **Objective, Main Features and** recreational needs of charitable organisations based in or **Achievements** with strong links to the Sid Valley. The Charity was set up with an initial settlement sum of £20,000.00 to which was added money from the estates of Mrs J M Hill and Mr H Pratt. The money is now invested in property, bank accounts and a number of quoted **Legacy in will of co-funder** investments. Brewin Dolphin, The Paragon, Counterslip, Bristol, BS1 **Investment Advisors** 6BX **Location of trust** WBW Solicitors, Warwick House, 30 High Street **documents** Sidmouth, EX10 8EA _This synopsis is not intended to be a comprehensive statement of the terms of the settlement. Reference should be made to the relevant deeds as required._ Page 1 ## **REPORT TO THE TRUSTEES OF THE EDWIN & JOYCE HILL CHARITABLE TRUST** In accordance with the instructions given to us we have prepared, without carrying out an audit, the accounts on pages 3 to 14 for year ended 5 April 2023 from the accounting records of the trustees and from information and explanations supplied to us. WBW Solicitors Date: 01/06/2023 WBW Solicitors Warwick House 30 High Street Sidmouth EX10 8EA Page 2 ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST** ## **BALANCE SHEET AS AT 5 APRIL 2023** |Investments
note 1
Manor Park, Bulverton note 2
Cash balances
note 3
**Representing:**
Capital Account
page 4
Income Account
page 5|**2023**
**£**
531,779.62
60,352.75
54,600.16
641,036.48
5,696.05
646,732.53
646,732.53|**2022**
**£**
498,083.28
60,352.75
55,461.93| |---|---|---| |||613,897.96| |||613,897.96
0.00| |||613,897.96| Page 3 ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST** ## **CAPITAL ACCOUNT AS AT 5 APRIL 2023** |Balance brought forward
Plus
Net profit/(loss) on investments sold
page 12
Fractions/Adjustments/merger*
Accumulated income capitalised
Deduct
Brokers fees
Administration fees
Charitable donations
LEI charge
**Balance at 5 April**|**2023**
**£**
**613,897.96**
**613,897.96**
**34,307.71**
**0.00**
**0.00**
**648,205.67**
**7,169.19**
**0.00**
**0.00**
**0.00**
**641,036.48**|**2022**
**£**
608,891.19
608,891.19
6,432.56
375.11
4,398.66| |---|---|---| |||620,097.52| |||6,199.56
0.00
0.00
0.00| |||613,897.96| Page 4 ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST** ## **INCOME ACCOUNT FOR THE YEAR ENDED 5 APRIL 2023** |Cash Balance brought forward
**Income**
Investment income
Rent of Land
Wayleave
**Total income for the year**
Deduct
Charitable distributions
note 4
Excess income capitalised
Administration fees
Insurance
Accumulated income capitalised
Dartmoor Tree Surgeons Ltd
Advanced Arboriculture
Keith Luxton & Co Ltd
Sidvale Metal Craft
**Balance at 5 April**|**2023**
**£**
**0.00**
**23,813.66**
**3,000.00**
**123.54**
**26,937.20**
**10,256.08**
**0.00**
**2,520.00**
**806.67**
**0.00**
**0.00**
**7,658.40**
**0.00**
**0.00**|**2022**
**£**
0.00
15,924.19
3,000.00
130.71| |---|---|---| |||19,054.90| |||9,500.00
0.00
4,407.60
748.64
4,398.66
0.00
0.00
0.00
0.00| ||**5,696.05**|0.00| Page 5 ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST Schedule of Investments for the period from 6 April 2022 to 5 April 2023** |Astrazeneca Ordinary USD0.25
06/04/2022
B/fwd
23/01/2023
Sale
05/04/2023
C/fwd
BHP Group Plc USD0.50
06/04/2022
B/fwd
25/05/2022
Bonus Issue
23/01/2023
Sale
05/04/2023
C/fwd
Burford Cap Plc 6.5% GTD SNR 19/08/2023
06/04/2022
B/fwd
27/05/2022
Redemption
05/04/2023
C/fwd
Coupland Cardiff F Japan Income & Growth S
Inc
06/04/2022
B/fwd
24/01/2023
Sale
05/04/2023
C/fwd
Diageo Oridnary GBP0.28 101/108
06/04/2022
B/fwd
24/01/2023
Sale
05/04/2023
C/fwd|**Units**
**Cost**
**Opening Balances**|**Units**
**Cost**
**Acquisitions**|**Units**
**Proceeds**
**Cost**
**Profit/Loss**
**Disposals**|**Units**
**Cost**
**Closing**|**Market**
**Value**| |---|---|---|---|---|---| ||175
5,136.00
175
19,370.82
5,136.00
14,234.82
0
0.00
0.00
500
7,414.00
0
1,467.90
1,467.90
0.00
500
13,931.00
5,946.10
7,984.90
0
0.00
0.00
15,000
15,020.00
15,000
15,157.50
15,020.00
137.50
0
0.00
0.00
905.987
17,000.00
248.0850
5,000.00
4,655.08
344.92
657.902
12,344.92
13246.86
455
4,501.63
220
8,094.33
2,176.61
5,917.72
235
2,325.02
8622.15
Page 6||||| ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST Schedule of Investments for the period from 6 April 2022 to 5 April 2023** |Diverse Income Trust Plc(The)
06/04/2022
B/fwd
05/04/2023
C/fwd
Dodge & Cox World Wid U S Stock Inc NAV
06/04/2022
B/fwd
05/04/2023
C/fwd
Edgewood L Select US Select Growth I
06/04/2022
B/fwd
05/04/2023
C/fwd
Fastenal Com Stk USD0.01
09/02/2023
Purchase
05/04/2023
C/fwd
Fidelity European Trust Ord
06/04/2022
B/fwd
05/04/2023
C/fwd
Fidelity Investment Funds Index World Fund P
07/02/2023
Purchase
05/04/2023
C/fwd|**Units**
**Cost**
**Opening Balances**|**Units**
**Cost**
**Acquisitions**|**Units**
**Proceeds**
**Cost**
**Profit/Loss**
**Disposals**|**Units**
**Cost**
**Closing**|**Market**
**Value**| |---|---|---|---|---|---| ||22,550
22,850.62
22,550
22,850.62
19618.50
1,075.013
11,400.18
1,075.013
11,400.18
30068.11
124.729
29,999.86
124.729
29,999.86
26892.82
205.000
8,989.60
205.000
8,989.60
8482.32
6,655.000
17,776.14
6,655
17,776.14
22294.25
15,805.890
36,499.99
15,805.890
36,499.99
35068.53||||| Page 7 ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST Schedule of Investments for the period from 6 April 2022 to 5 April 2023** |Findlay Park Funds American GBP Hedged Dis
06/04/2022
B/fwd
05/04/2023
C/fwd
GAM Star Fund Credit Opportunities
06/04/2022
B/fwd
05/04/2023
C/fwd
Glaxosmithkline Oridnary GBP0.25
06/04/2022
B/fwd
18/07/2022
Demerger
19/07/2022
Consolidation
05/04/2023
C/fwd
Glaxosmithkline Oridnary GBP0.3125
19/07/2022
Consolidation
22/08/2022
Sale
05/04/2023
C/fwd
Haleon Plc Ordinary GBP0.01
18/07/2022
Demerger
15/08/2022
Purchase
05/04/2023
C/fwd|**Units**
**Cost**
**Opening Balances**|**Units**
**Cost**
**Acquisitions**|**Units**
**Proceeds**
**Cost**
**Profit/Loss**
**Disposals**|**Units**
**Cost**
**Closing**|**Market**
**Value**| |---|---|---|---|---|---| ||274.576
9,917.70
274.576
9,917.70
21968.83
1,440.76
15,052.01
1,440.760
15,052.01
11661.08
815
16,397.00
0
3,112.22
3,112.22
0.00
815
13,284.78
13,284.78
0.00
0
0.00
0.00
652
13,284.78
652
9,297.08
13,284.78
(3,987.70)
0.000
0.00
0.00
815
3,112.22
2,535
6,938.02
3,350.000
10,050.24
11411.78||||| Page 8 ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST Schedule of Investments for the period from 6 April 2022 to 5 April 2023** |Henderson Investment Janus Hend Pref & Bond
06/04/2022
B/fwd
05/04/2023
C/fwd
Hipgnosis Songs Fund C Shs NPV
06/04/2022
B/fwd
05/04/2023
C/fwd
HSBC Global Funds ICAV GFI Global Govt
Bond Idx
07/02/2023
Purchase
05/04/2023
C/fwd
Impax Enviro Markets Ord GBP0.10
06/04/2022
B/fwd
05/04/2023
C/fwd
Institutional Cash Series Plc Blackrock ICS Stg
Lqdty Prem
07/02/2023
Purchase
05/04/2023
C/fwd
Ishares Physical Metals Plc Physical Gold ETC
Acc
22/08/2022
Purchase
05/04/2023
C/fwd|**Units**
**Cost**
**Opening Balances**|**Units**
**Cost**
**Acquisitions**|**Units**
**Proceeds**
**Cost**
**Profit/Loss**
**Disposals**|**Units**
**Cost**
**Closing**|**Market**
**Value**| |---|---|---|---|---|---| ||25,487.190
14,890.00
25,487.190
14,890.00
12203.27
9,796
10,020.00
9,796
10,020.00
8101.29
2,609.357
23,999.99
2,609.357
23,999.99
24423.58
5,200
20,013.70
5,200
20,013.70
21606.00
11,980
12,000.00
11,980
12,000.00
11980.00
520
14,936.58
520
14,936.58
16387.80
Page 9||||| ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST Schedule of Investments for the period from 6 April 2022 to 5 April 2023** |JPMorgan Funds Ltd US Equity Inc K GBP Net
Inc
06/04/2022
B/fwd
05/04/2023
C/fwd
JPMorgan Global Emerging Inc Ordinary
GBP0.01
06/04/2022
B/fwd
23/01/2023
Sale
05/04/2023
C/fwd
Jupiter Unit Trust Managers Strategic Bond X
Inc
06/04/2022
B/fwd
05/04/2023
C/fwd
Kone Oyj
06/04/2022
B/fwd
05/04/2023
C/fwd
Lloyds Banking Group Ordinary GBP0.10
06/04/2022
B/fwd
23/01/2023
Sale
05/04/2023
C/fwd|**Units**
**Cost**
**Opening Balances**|**Units**
**Cost**
**Acquisitions**|**Units**
**Proceeds**
**Cost**
**Profit/Loss**
**Disposals**|**Units**
**Cost**
**Closing**|**Market**
**Value**| |---|---|---|---|---|---| ||16,872.517
18,319.39
16,872.517
18,319.39
24988.20
8,440.000
10,000.00
4,440
6,009.63
5,260.66
748.97
4,000
4,739.34
5120.00
9,799.090
9,972.26
9,799.090
9,972.26
8261.61
250
12,140.42
250
12,140.42
10265.12
17,380
11,984.00
17,380
8,596.48
11,984.00
(3,387.52)
0
0.00
0.00||||| Page 10 ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST Schedule of Investments for the period from 6 April 2022 to 5 April 2023** |Lyxor International Asset Management Core
UK Government Bond
30/05/2022
Purchase
07/02/2023
Purchase
05/04/2023
C/fwd
M&G Plc Ordinary GBP0.05
06/04/2022
B/fwd
05/04/2023
C/fwd
Mayfair Capital Investment Property Inc Trust
For Charities
06/04/2022
B/fwd
05/04/2023
C/fwd
Monks Inv Trust Ord GBP0.05
06/04/2022
B/fwd
05/04/2023
C/fwd
Muzinich Funds Global Tactical Credit G
06/04/2022
B/fwd
05/04/2023
C/fwd
National Grid Ordinary GBP0.124389
06/04/2022
B/fwd
23/01/2023
Sale
05/04/2023
C/fwd|**Units**
**Cost**
**Opening Balances**|**Units**
**Cost**
**Acquisitions**|**Units**
**Proceeds**
**Cost**
**Profit/Loss**
**Disposals**|**Units**
**Cost**
**Closing**|**Market**
**Value**| |---|---|---|---|---|---| ||80
9,992.94
60
6,465.52
140
16,458.46
15047.90
4,790
10,838.64
4,790
10,838.64
9093.82
16,150.000
11,943.55
16,150
11,943.55
12840.06
1,900
23,046.85
1,900
23,046.85
18012.00
195.4740
20,000.01
195.4740
20,000.01
18413.65
1,411
7,066.00
481
4,949.98
2,408.75
2,541.23
930
4,657.25
10499.70
Page 11||||| ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST Schedule of Investments for the period from 6 April 2022 to 5 April 2023** |Novartis AG CHF0.50
07/02/2023
Purchase
05/04/2023
C/fwd
Pennon Group Ordinary GBP0.407
06/04/2022
B/fwd
12/08/2022
Sale
05/04/2023
C/fwd
Personal Asset Trust Ordinary GBP12.50
06/04/2022
B/fwd
01/08/2022
Subdivision
05/04/2023
C/fwd
Personal Asset Trust Ordinary GBP0.125
01/08/2022
Subdivision
05/04/2023
C/fwd
Prudential GBP0.05
06/04/2022
B/fwd
05/04/2023
C/fwd
Prusik Investment Asian Equity Income 2 Y
06/04/2022
B/fwd
05/04/2023
C/fwd|**Units**
**Cost**
**Opening Balances**|**Units**
**Cost**
**Acquisitions**|**Units**
**Proceeds**
**Cost**
**Profit/Loss**
**Disposals**|**Units**
**Cost**
**Closing**|**Market**
**Value**| |---|---|---|---|---|---| ||125
8,995.11
125
8,995.11
9568.18
1,143
13,010.00
1,143
11,648.80
13,010.00
(1,361.20)
0
0.00
0.00
48
19,737.81
48
19,737.81
19,737.81
0.00
0
0.00
0.00
4,800
19,737.81
4,800
19,737.81
22776.00
770
5,204.00
770
5,204.00
8493.10
60.350
9,244.00
60.350
9,244.00
8673.51
Page 12||||| ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST Schedule of Investments for the period from 6 April 2022 to 5 April 2023** |Prusik Investment Asian Equity U Unhedged
06/04/2022
B/fwd
05/04/2023
C/fwd
Rio Tinto Oridnary GBP0.10
06/04/2022
B/fwd
05/04/2023
C/fwd
Rit Cap Partners Ord GBP1
06/04/2022
B/fwd
05/04/2023
C/fwd
Shell Plc Ord Eur0.07
06/04/2022
B/fwd
23/01/2023
Sale
05/04/2023
C/fwd
Smithson Inv Trust Ord GBP0.01
06/04/2022
B/fwd
05/04/2023
C/fwd
S&W Fund Admin Church House Investment
Grade Fxd
06/04/2022
B/fwd
23/01/2023
Sale
05/04/2023
C/fwd|**Units**
**Cost**
**Opening Balances**|**Units**
**Cost**
**Acquisitions**|**Units**
**Proceeds**
**Cost**
**Profit/Loss**
**Disposals**|**Units**
**Cost**
**Closing**|**Market**
**Value**| |---|---|---|---|---|---| ||50.45
7,499.93
50.45
7,499.93
8094.86
150
3,429.91
150
3,429.91
7924.50
835
15,655.51
835
15,655.51
15581.10
515
11,369.00
130
3,046.19
2,869.84
176.35
385
8,499.16
9097.55
1,260
19,960.94
1,260
19,960.94
17060.40
13,368.980
14,955.00
13,368.980
14,057.54
14,955.00
(897.46)
0.000
0.00
0.00
Page 13||||| ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST Schedule of Investments for the period from 6 April 2022 to 5 April 2023** |Spirax-Sarco Eng Ordinary GBP0.269230769
06/04/2022
B/fwd
23/01/2023
Sale
05/04/2023
C/fwd
Texas Instruments Inc Com
09/02/2023
Purchase
05/04/2023
C/fwd
Unilever Plc Ordinary GBP0.031111
06/04/2022
B/fwd
23/01/2023
Sale
05/04/2023
C/fwd
UK(Gov Of) 2.5% I/L 17/07/24
06/04/2022
B/fwd
05/04/2023
C/fwd
Woodside Energy Groub Ltd NPV
25/05/2022
Bonus Issue
22/06/2022
Small Dis
27/06/2022
Sale
05/04/2023
C/fwd
Totals|**Units**
**Cost**
**Opening Balances**|**Units**
**Cost**
**Acquisitions**|**Units**
**Proceeds**
**Cost**
**Profit/Loss**
**Disposals**|**Units**
**Cost**
**Closing**|**Market**
**Value**| |---|---|---|---|---|---| ||110
3,312.22
110
12,659.50
3,312.22
9,347.28
0
0.00
0.00
60
8,871.07
60
8,871.07
8540.51
340
7,099.00
120
4,915.30
2,505.53
2,409.77
220
4,593.47
9434.70
4,489.55
14,906.00
4,489.55
14,906.00
16876.29
90.00
1,467.90
0
6.54
6.54
0.00
90
1,559.50
1,461.36
98.14
0.00
0.00
0.00
498,083.28
175,291.53
175,902.90
34,307.71
531,779.62
578,699.93
Page 14||||| ## **THE EDWIN & JOYCE HILL CHARITABLE TRUST** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023** ## **1 Quoted and unquoted investments** Full details of the investments held at the year end and those acquired and sold during the year are set out on page 12 (Investment and capital cash value with Broker at 05.04.23 £633,300.09) ## **2 Property** Manor Park, Bulverton, Book value £60,352.75 Annual rent £3,000.00 ## **3 Cash balances** |Brewin Dolphin
WBW Solicitors
Accrued Income|**2023**
**£**
**9,106.71**
**45,493.45**
**0.00**
**54,600.16**|**2022**
**£**
15,664.53
39,797.40
0.00| |---|---|---| |||55,461.93| ## **4 Charitable Donations** |Alarm for resident of Sidmouth
Sidmouth College - Music facilities
Sidmouth Guides Brownies
Sidholme Music Room
Sidmouth Lawn Tennis Club
Sid Vale Carnival Club
Sid Valley Help Charity
Sir John Cave Memorial
Newton Poppleford Primary School
Sidmouth in Bloom
Sid Vale Scout Group
YMCA|**2023**
**£**
**256.08**
**0.00**
**0.00**
**0.00**
**10,000.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**10,256.08**|**2022**
**£**
0.00
4,000.00
0.00
0.00
500.00
0.00
0.00
5,000.00
0.00
0.00
0.00
0.00| |---|---|---| |||9,500.00| Page 15