THE STARKIE BENCE CHARITABLE TRUST
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2021

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|||Page|
|---|---|---|
|Trustee's<br>Report||1-3|
|Independent<br>Examiner's|Report||
|Statement<br>of Financial|Activities||
|Balance Sheet|||
|Notes to the Financial Statements||7-10|
|Investment<br>Schedule||11-18|





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|||||||Note|Unrestricted|Expendable|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Fund|Endowment|2021|2020|
||||||||6|6|6|6|
|Income and endowments|||||||||||
|Investments:|||||||||||
|Investment<br>Income||||||3|33,374.42||33,374.42|39,117.58|
|Total Income and||Endowments|||||33,374.42||33,374.42|39,117.58|
|Expenditure|||||||||||
|Costs of raising|funds:||||||||||
|SG Kleinwort<br>Hambros|||Investment|||Management|Fees|11,500.77|11,500.77|8,826.67|
|Expenditure<br>on|Charitable|||Activities'.|||||||
|Donations||||||4|32,000.00||32,000.00||
|Support Costs||||||5||11,910.00|11,910.00|6,835.52|
|Total Expenditure|||||||32,000.00|23,410.77|55,410.77|15,662.19|
|Net (Expenditure)||Before||Gains and|||||||
|Losses on Investments|||||||1,374.42|(23,410.77)|(22,036.35)|23,455.39|
|Net (Losses)/Gains||on|Investments||||||||
|Realised||||||||117,873.94|117,873.94|(26,791.63)|
|Unrealised||||||||||(139,777.28)|
|Book Cost Adjustment||||||||(2,1 11.60)|(2,111.60)||
|||||||||115,762.34|115,762.34|(166,568.91)|
|Net Movement|in|Funds||In|the Year||1,374.42|92,351.57|93,725.99|(143,113.52)|
|Funds|||||||||||
|At 5 April 2020|||||||36,447.02|983,039.60|1,019,486.62|1,162,600.14|
|Net Movement|ofResources||||in the|Year|1,374.42|92,351.57|93,725.99|(143,113.52)|
|At 5 April 2021|||||||637,821.44|61,075,391.17|61,113,212.61|61,019,486.62|





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|||Note|||2021|2021||2020|
|---|---|---|---|---|---|---|---|---|
|||||||8||8|
|Fixed Assets|||||||||
|Investments|||||1,088,182.59|||981,809.42|
|Current Assets|||||||||
|Debtors||||267.14|||1,897.93||
|Cash at Bank - income|||36,180.88||||46,471.27||
||||36,448.02||||48,369.20||
|Current<br>Liabilities|||||||||
|Creditors,<br>amounts<br>falling|due||||||||
|within one year||8|11,418.00||||10,692.00||
|Net Current Assets||||||25,030.02||37,677.20|
|Asseba less Current<br>Liabilities|||||8t,t|13,212.61||81,019,486.62|
|Capital Fund|||||||||
|Expendable<br>Endowment|||||1,075,391.17|||983,039.60|
|Income Fund|||||||||
|Unrestricted<br>Fund||10||||37,821.44||36,447.02|
||||||61,113,212.61|||8t,of9,486.62|
|The Financial<br>Statements|were approved|by the Trustee's|on|||2022|||
|Digitally signed<br>by Bradley<br>vyALDEN||Michael<br>Considin||Digitally signed<br>by Michael<br>Considine|||||
|lyatw 2022.0823||||Date:|2022.08.24||||
|i0:et:43fol'00'||e||11'42'05+01'00'|||||





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|Investment<br>Income|Investment<br>Income||2021|2020|2020|
|---|---|---|---|---|---|
||||6|6||
|Income from UK Listed Securities|||33,242.91|38,991.29||
|Refund of Debit Interest|||131.51||126.29|
||||633,374.42|639,I I7.58||
|Donations to Charitable||Institutions|2021|2020||
|||||f||
|Action for Blind People|||2,000.00|||
|Action on Hearing|Loss||2,000.00|||
|Age UK|||2,000.00|||
|Arthritis<br>Care|||2,000.00|||
|British Red Cross|||2,000.00|||
|Christian<br>Aid|||2,000.00|||
|Hospice UK|||2,000.00|||
|Marie Curie|||2,000.00|||
|Medical Foundation|||2,000.00|||
|PDSA|||2,000.00|||
|Polka Theatre|||2,000.00|||
|Practical Action|||2,000.00|||
|Princess Alice Hospital|||2,000.00|||
|Royal Horticultural|Society||2,000.00|||
|Royal Hospital for|Neuro Disability||2,000.00|||
|RNLI|||2,000.00|||
|Balance Carried Forward|||32,000.00|||





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|5|Support Costs|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
||Governance Costs:|||||||||
||SG Kleinwort<br>Hambros|Trust||Company|(UK)|Limited Fees||10,650.00|5,532.00|
||Independent<br>Examiner's|Fees||||||1,260.00|1,200.00|
||SG Kleinwort<br>Hambros|Trust||Company|(UK)|Limited ARC Fees|||60.00|
||Bank Interest||||||||43.52|
|||||||||f11,910.00|f6,835.52|
|6|Investments<br>listed on|a recognised|||Stock|Exchange||2021|2020|
||Market Value Brought Forward|||||||869,010.00|1,122,112.00|
||Purchases|||||||470,796.57|260,206.53|
||Disposals|||||||(1,457,680.51)|(346,739.62)|
|||||||||(117,873.94)|1,035,578.91|
||Realised Gain/(Loss)|||||||117,873.94|(26,791.63)|
||Unrealised<br>Gain/(Loss)||||||||(139,777.28)|
||Market Value Carried|Forward|||||||869,010.00|
||Cash on Account|||||||1,088,182.59|112,799.42|
||Tote I Investments|||||||81,088,182.59|2981,809.42|
||Investments<br>comprising||greater than 5%ofthe Portfolio|||||2021|2020|
|||||||||0/|'/o|
||BNY Mellon Fund Managem|||Limited Newton||Gbl Higher|Inc||6.10|
||Fil Investment<br>Services||||||||5.70|
||Invesco Asset Management||||||||8.40|
||Standard<br>Life Investments||||||||5.20|
||United<br>Kingdom<br>(Government|||of)0.875%|||||5.00|
|7|Debtors|||||||2021|2020|
|||||||||f|f|
||Dividends<br>Due||||||||1,630.79|
||Accrued Interest|||||||267.14|267.14|
|||||||||f267.14|61,897.93|





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|8|Creditors, amounts|Creditors, amounts|falling due within|falling due within|one|year|2021<br>9|||2020<br>f|
|---|---|---|---|---|---|---|---|---|---|---|
||Independent|Examiner's||Fee (2020 &2021)|||2,400.00|||2,400.00|
||SG Kleinwort|Hambros||Trust Company|(UK)|I imited Fees|9,018.00|||8,292.00|
||||||||611,418.00|||610,692.00|
|9|Expendable|Endowments||||||Movement|tn||
|||||||||Funds|||
||||||||Balance|Gains and||Balance|
||||||||5 April 2020|Transfers||5April 2021|
||||||||f983,039.60|f92,351.57||1,075,391.17|



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