CORNWALL LEUKAEMIA TRUST
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 31 DECEMBER 2020

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||||Page|
|---|---|---|---|
|Trustees'<br>Annual<br>Report|||1-3|
|Independent<br>Examiner's||Report||
|Statement<br>of Financial|Activities|||
|Balance Sheet||||
|Notes to the Accounts|||7-9|





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|||YEAR ENDED 31 DECEMBER|2020||
|---|---|---|---|---|
||||Unrestricted|funds|
||||2020|2019|
||||E|F|
|Income from:|||||
|Donations|||7,975|17,609|
|Gift Aid|||693||
|Investment<br>income|||19,568|29,550|
|Total|||28,236|47,159|
|Expenditure<br>on:|||||
|Charitable<br>activities|||||
|Patient grants|||10,181|13,556|
|Sundry expenses|||172|45|
|Website expense|||2,042||
|Bank charges||||13|
|Professional|charges||10,325|10,927|
|Salary contribution|||15,350|19,919|
|Honorarium|||500|500|
|Donation|||50,000||
|Total|||88,570|44,960|
|Net (expenditure)|/ income||(60,334)|2,199|
|Other recognised|gains and losses||||
|Unrealised<br>and realised gains/(losses)|||||
|on investment|assets||(3,639)|88,588|
|Net movement<br>in|funds||(63,973)|90,787|
|Fund balance brought||forward at 1 January 2020|951,327|860,540|
|Fund balance carried forward at 31 December 2020|||887,354|951,327|





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||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Note|||
|Fixed|assets||||||
||Investments||||840,464|916,292|
||||||840,464|916,292|
|Current assets|||||||
||Debtors and prepayments||||1,548|1,478|
|Short term deposits|||||||
||Monies held with|investment||managers|28,971|24,759|
||Cash at bank and|in|hand||20,442|23,251|
||||||50,961|49,488|
|Current<br>liabilities|||||||
||Creditors<br>and accruals||||(4,071)|(14,453)|
|Net current assets|||||46,890|35,035|
|Total|assets less current||liabilities||887,354|951,327|
|Funds|||||||
||Unrestricted||||887,354|951,327|






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|||||Listed Investments|
|---|---|---|---|---|
|Market value at 1 January 2020||||916,292|
|Additions|at cost|||85,466|
|Disposal|proceeds|||(157,655)|
|Unrealised|and realised|gain on revaluation|and disposal|(3,639)|
|Market value at 31 December 2020||||840,464|



|Market value a|t 31 Decemb|er 2020|er 2020||840,464|
|---|---|---|---|---|---|
|The cost ofthe|investments|at31December 2020amounted||tof689,506|(2019- f761,793).|
|The individual|market values ofthe investments||were:|2020|2019|
||||||E|
|Insight<br>Inv. UK|Government|||15,760|14,527|
|Royal Dutch Shell||||18,576|33,033|
|BHP Billiton||||13,475|12,438|
|Glaxosmithkline||||17,178|27,397|
|Vodafone Group|||||12,538|
|Artemis<br>Europe|||||14,068|
|Artemis<br>US||||24,899|21,657|
|Dodge 8 Cox<br>JP Morgan<br>US Equity Income<br>Aviva —UK US Equity||||12,169<br>69,167<br>15,753|12,192<br>73,523<br>16,816|
|Allianz Global||||20,467|23,434|
|HSBC|||||10,358|
|First Sentier||||19,664|23,634|
|Jupiter||||14,989|14,564|
|Informa|||||12,067|
|Aegon AM||||15,174|14,340|
|Muzinich||||14,284|19,504|
|PIMCO Global||||19,514|29,982|
|CF Milton||||21,878|21,021|
|BNY Mellon Fund||||14,243|14,099|
|BNY Melion Fund: Global||||12,243|12,392|
|StJames' Place|||||13,683|
|invesco Perpetual|||||20,487|
|British Land|||||10,412|
|Henderson||||19,701|22,752|
|Ferguson<br>Reckitt Benckiser||||16,435<br>9,813|12,673<br>14,403|
|Rio Tinto||||19145|15761|
|||||404,527|543,755|





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|The individual<br>market v|alues|ofth|e investm|ents<br>were (|continued):||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||E|E|
|3I Group|||||18,401|17,447|
|Blackrock Investments||||||14,152|
|BP|||||5,032|9,314|
|Diaego<br>Experian|||||14,246<br>15,829|15,842<br>21,054|
|Fil Inv|||||14,908|14,262|
|Findlay Park<br>IGNIS Asset Management|||||22,031|19,870<br>10,302|
|Ninety One Managers|Diversified||Income||15,188|15,103|
|Legg Mason<br>M8G UK|||||12,820<br>10,801|10,527<br>10,485|
|Morgan Stanley Investment||Management:||Asia|23,767|16,137|
|National<br>Grid|||||9,775|10,671|
|TR Property<br>SSGA|||||16,190<br>20,972|19,090<br>17,650|
|Schroder|||||14,848|14,698|
|Unilever|||||13,615|13,487|
|Baillie Gifford American|||||22,657||
|JP Morgan<br>AM UK|||||11,357|9,998|
|JP Morgan Global Emerging||Fund|||10,618|9,892|
|Legal and General|||||10,275||
|Lindsall<br>Train|||||16,098||
|Premier Porffolio European|||||14,336||
|Twenty Four Global<br>Others less than f10,000|||||20,580<br>101,593|102,556|
||||||840,464|916,292|
|CREDITORS|||||||
||||||2020|2019|
||||||E||
|Accruals|||||4,071|13,823|
|Trade Creditors||||||630|
||||||4,071|14,453|



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