| Page | |
|---|---|
| Legal and administrative information | |
| Trustees' Report | 2-4 |
| Independent Auditors' Report and opinion | 5-8 |
| Statement ofFinancial Activities | 9 |
| Balance Sheet | IO |
| Statement ofCash Flows | 11 |
| Notes forming part oftheFinancial Statements | 12-19 |
31/01/23
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R J Clark
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Myers Clark
31/01/23
| Un restricted | |||||
|---|---|---|---|---|---|
| Note | Fund | 2022 | 2021 | ||
| Endowment | Income | Total | Total | ||
| Fund | Fund | ||||
| £ | £ | £ | £ | ||
| Income | |||||
| Investments | |||||
| Income from UKgovernment securities | 6,432 | 6,432 | 6,432 | ||
| Income from UK fixed interest stocks | 41,612 | 41,612 | 38,716 | ||
| Income from overseas bonds | 9,603 | 9,603 | 10,639 | ||
| Dividends from UKequities | 362,324 | 362,324 | 314,086 | ||
| Dividends from overseas equities | 52,007 | 52,007 | 59,072 | ||
| Income from global investments | 8,688 | 8,688 | 9,860 | ||
| Income from property stocks | 21,281 | 21,281 | 26,136 | ||
| Income from private equity stocks | 38,554 | 38,554 | 27,046 | ||
| Bank deposit interest | 93 | ||||
| Total income | 540,501 | 540,50 I | 492,080 | ||
| Expenditure | |||||
| Raising funds: | |||||
| Investment management costs | (80,476) | (80,476) | (69,528) | ||
| Charitable activities: | |||||
| Distributions tocharitable bodies | |||||
| Grants | 12 | (987,000) | (987,000) | (514,000) | |
| Supportcosts | |||||
| Accountancycharges | (35,175) | (35,175) | (22,380) | ||
| Audit fees | (4,440) | (4,440) | (4,320) | ||
| Bank charges | (75) | (75) | (75) | ||
| Total expenditure | (80,476) | (1,026,690) | (1,107,166) | (610,303) | |
| Net expenditure and net movement in | |||||
| funds before gains and losses on | |||||
| investment | (80,476) | (486,189) | (566,665) | (118,223) | |
| Transfer between funds | (375,000) | 375,000 | |||
| Realised Gains on investments | 344,008 | 344,008 | 367,172 | ||
| Unrealised gains on investments | 34,634 | 34,634 | 3,711,977 | ||
| Net Gains on investments | 378,642 | 378,642 | 4,079,149 | ||
| Net movement in funds | (76,834) | (111,189) | (188,023) | 3,960,926 | |
| Reconciliation of funds | |||||
| Total funds brought forward at I April | 9 | 17,880,855 | 311,297 | 18,192,152 | 14,231,226 |
| Total funds carried forward at 3 I March | 9 | 17,804,021 | 200,108 | 18,004,129 | 18,192,152 |
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R J Clark
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31/01/23
| Note | 2022 | 2021 | |
|---|---|---|---|
| Total | Total | ||
| £ | £ | ||
| Operating activities: | |||
| Net cash used in operating activities | 13 | (1,021,215) | (1,084,044) |
| Investing activities: | |||
| Dividends and interest from investments | 519,825 | 466,982 | |
| Transferout ofcapital account | 375,000 | ||
| Net cash from investing activities | 894,825 | 466,982 | |
| Change in cash and cash equivalents in thereporting | |||
| period | (126,390) | (617,062) | |
| Cash and cash equivalents at I April | 237,256 | 854,318 | |
| Cash and cash equivalents at 31 March | 13 | 110,866 | 237,256 |
| Relatingto:- | |||
| Bank balances included in "cash at bankand in hand" | 110,866 | 237,101 | |
| Money held by agents in client moneyaccount on behalf | ofthecharity | 155 | |
| included in "cash at bank and in hand" | |||
| 110,866 | 237,256 |
| 2 | Auditor's remuneration | 2022 |
2021 |
|
|---|---|---|---|---|
| £ | £ | |||
| Fees paid theto thetrust's auditors duringtheyear wereas follows; | ||||
| Statutoryaudit fees | 4 440 | 4 320 |
| Fixed Asset Investments - Managed Funds | ||
|---|---|---|
| Total | Total | |
| 2022 | 2021 | |
| Fair value | £ | £ |
| At 1 April | 17,602,274 | 13,618,259 |
| Additions atcost | 3,484,478 | 1,714,391 |
| Disposals atcarrying value | (3,512,190) | (1,442,353) |
| Netgain on revaluation | 34,634 | 3,711,977 |
| 17,609,196 | 17,602,274 | |
| Cash held on investment | 154,040 | 229,703 |
| At 31 March | 17,763,236 | 17,831,977 |
| Listed securities comprise: | 2022 |
2021 |
|---|---|---|
| £ | £ | |
| UKgovernment securities | 328,235 | 345,987 |
| UK fixed interest stocks | 1,400,374 | 1,492,863 |
| Overseas bonds | 385,413 | 210,243 |
| UK equities | 10,293,955 | 9,476,955 |
| Overseas equities | 3,370,897 | 3,994,290 |
| Global investments | 508,148 | 794,712 |
| Property | 560,392 | 660,706 |
| Private equity | 761,782 | 626,518 |
| 17,609,196 | 17,602,274 |
| 6 | Debtors | 2022 |
2021 |
|
|---|---|---|---|---|
| £ | £ | |||
| Otherdebtors | 52,129 | 52,129 | ||
| Accrued income | 95,673 | 83,090 | ||
| 147,802 | 135,219 | |||
| 7 | Creditors - amounts falling due within one year | 2022 |
2021 |
|
| £ | £ | |||
| Accruals | 17,775 | 12,300 | ||
| 17,775 | 12,300 | |||
| 8 | Analysis of net assets between funds | |||
| Endowment | Income | Total | ||
| fund | fund | |||
| £ | £ | £ | ||
| Fixed asset investments | 17,763,236 | 17,763,236 | ||
| Current assets | 40,785 | 217,883 | 258,668 | |
| Creditors -amounts falling duewithin oneyear | (17,775) | (17,775) | ||
| Netassets at 3 1 March 2022 | 17,804,021 | 200,108 | 18,004,129 | |
| Comparative analysis of net assets between funds | ||||
| Endowment | Income | Total | ||
| fund | fund | |||
| £ | £ | £ | ||
| Fixed asset investments | 17,831,977 | 17,831,977 | ||
| Current assets | 48,878 | 323,597 | 372,475 | |
| Creditors -amounts falling duewithin oneyear | (12,300) | (12,300) | ||
| Net assets at 3 I March 202 I | 17,880,855 | 311,297 | 18,192,152 |
| Transfer of | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 April 2021 | Income | Expenditure | funds | Other gains | 31 March 2022 | ||||||
| £ | £ | £ | £ | £ | £ | ||||||
| Endowment | fund | 17,880,855 | (80,476) | (375,000) | 378,642 | 17,804,021 | |||||
| Income | fund | 311,297 | 540,501 | (1,026,690) | 375,000 | 200,108 | |||||
| 18,192,152 | 540,501 | (I,107,166) | 378,642 | 18,004,129 | |||||||
| C o | m p | a | a | v | overenui n u n d |
||||||
| Transfer of | |||||||||||
| 1 April 2020 | Income | Expenditure | funds | Other losses | 31 March 2021 | ||||||
| £ | £ | £ | £ | £ | £ | ||||||
| Endowment | fund | 13,871,234 | (69,528) | 4,079,149 | 17,880,855 | ||||||
| Income | fund | 359,992 | 492,080 | (540,775) | 311,297 | ||||||
| 14,231,226 | 492,080 | (610,303) | 4,079,149 | 18,192,152 |
| IO | Comparative information for total funds | 2021 | 2021 | 2021 |
|---|---|---|---|---|
| Endowment | Income | Total | ||
| £ | £ | £ | ||
| Income from investments | 492,080 | 492,080 | ||
| Expenditureon raisingfunds | (69,528) | (69,528) | ||
| Expenditureoncharitable activities | (540,775) | (540,775) | ||
| Losson investments | 4,079,149 | 4,079,149 | ||
| Netmovementin funds | 4,009,621 | (48,695) | 3,960,926 |
| 12 | Grants | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| SouthernThailand Elephant Foundation | 13,000 | 25,000 | |
| Barnardo's | 30,000 | 15,000 | |
| Royal Trinity Hospice | 30,000 | 15,000 | |
| Trinity - Laban ConservatoireofMusicand Dance | 24,000 | 14,000 | |
| Art Fund (previously National Art Collections Fund) | 24,000 | 12,000 | |
| The Children's Society | 24,000 | 12,000 | |
| Friends ofthe Elderly | 24,000 | 12,000 | |
| Help Musicians UK | 24,000 | 12,000 | |
| Macmillan CancerSupport | 24,000 | 12,000 | |
| MarieCurie CancerCare | 24,000 | 12,000 | |
| National Youth OrchestraofGreat Britain | 24,000 | 12,000 | |
| Queen Elizabeth's Foundation | 24,000 | 12,000 | |
| Saint Mungo's | 24,000 | 12,000 | |
| Salvation Army Trust | 24,000 | 12,000 | |
| Scope | 24,000 | 12,000 | |
| StrokeAssociation | 24,000 | 12,000 | |
| The Hepworth Wakefield | 20,000 | 10,000 | |
| St Wilfreds Hospice Eastbourne | 20,000 | 10,000 | |
| Alzheimers Research Trust | 13,000 | 6,500 | |
| Canine Partners for Independence | 13,000 | 6,500 | |
| Coram Family Survival Pack Appeal | 13,000 | 6,500 | |
| Crusaid (Terrance HigginsTrust) | 13,000 | 6,500 | |
| Elizabeth Finn Trust | 13,000 | 6,500 | |
| Enham Trust | 13,000 | 6,500 | |
| First Story | 13,000 | 6,500 | |
| GlyndebourneArts Trust | 13,000 | 6,500 | |
| Greater London Fund forthe Blind | 13,000 | 6,500 | |
| Helenand Douglas House | 13,000 | 6,500 | |
| King Edward VII Hospital SisterAgnes | 13,000 | 6,500 | |
| L'Arche | 13,000 | 6,500 | |
| Longford Trust | 13,000 | 6,500 | |
| MotorNeurone DiseaseAssociation | 13,000 | 6,500 | |
| National Council ofYMCA | 13,000 | 6,500 | |
| National Society forthe Prevention ofCruelty to Children | 13,000 | 6,500 | |
| National Trust | 13,000 | 6,500 | |
| National Youth Choirs ofGreat Britain | 13,000 | 6,500 | |
| Rhythm Studio Foundation | 13,000 | 6,500 | |
| SavetheChildren Fund | 13,000 | 6,500 | |
| Shipston HomeNursing | 13,000 | 6,500 | |
| Balance C/Fwd | 698,000 | 369,500 |
| Grants (continued) | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Balance B/Fwd | 698,000 | 369,500 |
| St Giles Trust | 13,000 | 6,500 |
| ToynbeeHall | 13,000 | 6,500 |
| Zane | 13000 | 6.,500 |
| - | ||
| Ability Net | 9,000 | 4,500 |
| All Saints Choirand MusicTrust Fund | 9,000 | 4,500 |
| All Saints Margaret Street | 9,000 | 4,500 |
| Centrepoint (Soho) | 9,000 | 4,500 |
| CollegeofSt Barnabas | 9,000 | 4,500 |
| Greenwich, Deptford &Rotherhithe SeaCadet Unit | 9,000 | 4,500 |
| Holland Park Opera | 9,000 | 4,500 |
| HomeStart UK | 9,000 | 4,500 |
| HospiceCareKenya | 9,000 | 4,500 |
| Independent Age | 9,000 | 4,500 |
| Longborough Festival Opera | 9,000 | 4,500 |
| Mildmay Hospital | 9,000 | 4,500 |
| MultipleSclerosis National Therapy Centres | 9,000 | 4,500 |
| PCC Cherington | 9,000 | 4,500 |
| Practical Action | 9,000 | 4,500 |
| Royal CollegeofMusic | 9,000 | 4,500 |
| St Joseph's Pastoral Centre | 9,000 | 4,500 |
| TheGameand WildlifeConservation Trust | 9,000 | 4,500 |
| Wallace Collection | 9,000 | 4,500 |
| WWF(UK) | 9,000 | 4,500 |
| BamOwl Trust | 7,000 | 3,500 |
| BatterseaSummerScheme | 7,000 | 3,500 |
| Benslow MusicTrust Instrument Loan Scheme | 7,000 | 3,500 |
| British WheelchairSports Foundation | 7,000 | 3,500 |
| Chaseley Trust | 7,000 | 3,500 |
| Friends ofEastbourne Hospitals | 7,000 | 3,500 |
| KoestlerTrust | 7,000 | 3,500 |
| Red Squirrel Survival Trust | 7,000 | 3,500 |
| SirJohn Soane's Museum | 7,000 | 3,500 |
| Songbird Survival | 7,000 | 3,500 |
| 987,000 | 514,000 |
| 13 | **Reconciliation of net movement in funds to net cash ** | used in | |||
|---|---|---|---|---|---|
| operations | 2022 | 2021 | |||
| £ | £ | ||||
| Net movement in funds fortheyear | (188,023) | 3,960,926 | |||
| Adjustments for: | |||||
| (Gains) on investments | (378,642) | (4,079,149) | |||
| Dividends and interest from investments | (540,50I) | (492,080) | |||
| Investment manager fees | 80,476 | 69,528 | |||
| (Increase) in debtors | (52,129) | ||||
| Increase/(decrease) in creditors | 5,475 | (491,140) | |||
| Net cash used in operatingactivities | (1,021,215) | (1,084,044) | |||
| 14 | Analysis of changes in net debt | At I | April | Cash flows | At 31 March |
| 2021 | 2022 | ||||
| £ | £ | £ | |||
| Fund balances at 31 March 2022 as represented by: | |||||
| Cash at bankand in hand | 237,256 | (126,390) | 110,866 |
| Holding | look Valore | Market alar | Additions | Additions | bhposale | bhposale | Prutt | aptal krorpaniatona | aptal krorpaniatona | Notreon | 1old.in | lookblur | Murtrtahur | fur | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Apri2021 | 1Apri202 | 1Apri202 | Quantity | teat | Quantity | Pro«rrdi | (los) | Quantity | teat | pogr1 | J1 Marh02 | J1 Marh202 | J Marh202 | ||
| i | i | ||||||||||||||
| li torrenteruritire | |||||||||||||||
| Treasury Stoel 207/092$ | 121.600 | 17.797 | 1$.9¥7 | 121.60o | 17.797 | 12».25 | 6.402 | ||||||||
| ro1AL. | 111,791 | 1997 | 17.77 | 922»y | £ac05 | ||||||||||
| tk Prdlrrrsrtordu | |||||||||||||||
| haresGIPCorporate Bond0-$CITS EE | 2570 | 263.149 | 271.$%I | 2$70 | 169.9 | 261.7a | 4 29$ | ||||||||
| kuptrFund Manuens LamutedK | |||||||||||||||
| Stuate HordAXGHPd | 464999 | 470.774 | 464,999% | 17u.774 | 4nu.076 | 17163 | |||||||||
| Pro Global .uhva'K Corp Hb | Jo.000 | 3900 | 117700 | J0.00o | 49U | 195.100 | $.21 | ||||||||
| FD INST | |||||||||||||||
| }IlSws'K Mane Euldlnom 1HP ro0TAL |
400,000 | 40$.a42 14##,t6$ |
43710 1,492.36) |
(163yy, | 430.000 | 4$.67» 14u47u2 |
40$,Mi 1400374 |
14919 416l2 |
|||||||
| hrraa londa | |||||||||||||||
| Matisuites LdGELFR | |||||||||||||||
| HMGYID GAP LIIN. | 20.000 | 22.226 | 210.24 | (20.000y | 22$.226) | ||||||||||
| MatGs unte Ld | |||||||||||||||
| Global FloatingRate Hgh | 270I¥ | 22226 | 217.0l | 2222 | 109 31 | 704 | |||||||||
| Vanguardlwestment S«nos LS | |||||||||||||||
| GotHodlnx GHP DIS MKGD | I o0 | 1u762 | L.Moo | nu761 | 1$19 | ||||||||||
| Tort | 22226 | 1024) | r. | za49 | 3$41 | 9.60» | |||||||||
| t'kEquities | |||||||||||||||
| berforthSmallerCo | |||||||||||||||
| Ordinary GB out »has | 2u0o | 167,a)I | 300.000 | 20.0uu | t7» | 275.200 | 704u | ||||||||
| Aberdeentundaud Fund ManagersLtd | |||||||||||||||
| ui tiSmnluCoslstlGHP A »hare» | )0,o00 | 6,y06 | 15,10u | 10,00o | 423.100 | 7u0u | 70o | ||||||||
| uphenol'orp ct'untsp00I «haus |
».2uuou | IM.7¥1 0u | 1.20u | Is,7M | n. | ||||||||||
| Au.hteadiroup | |||||||||||||||
| OrdauyGp? u luhura | 6.0$0 | 96,4u | 161.72 | 21u | lu.ait | 16 $»2 | 1.a7u | 61,6ai | 16.99¥ | 1.714 | |||||
| Autral.nea Pi | |||||||||||||||
| OdnanySD 0 2$hares | 1000 | 6).096 | 217u | ».ou | 6%0w6 | 10.9o0 | 6 10 | ||||||||
| ppk EC | |||||||||||||||
| Com 1sD 0000I | L4000U | 1M2.63$ 00 | 1.4uu | 1»1.61$ | 1$,664 | ||||||||||
| HauseLays Pi | |||||||||||||||
| Ordinary GH!02$hares | 0.000 | 104,0$9 | 92.90 | $0,0oc | 1040$ | 74.140 | 3.000 | ||||||||
| BB Health an Trust PL Redema bk |
|||||||||||||||
| OrdinaryGhtoIhares | 130.o0o | 240.$01 | 24$.700 | 30.0oc | 140.$0I | 2171 | 4.$89 | ||||||||
| HIP tGroup Pk | |||||||||||||||
| OrdenaryID0 0hurea | 13.0o0 | 107.19 | 172.120 | (11,o0oy | (1o7s19) | 1¥.769 | |||||||||
| HM!tGoup Pk | |||||||||||||||
| P | M.0o» | 1o7¥19 | 11.0o. | 1o7¥1» | +369$ | 14609 | |||||||||
| HP PL | |||||||||||||||
| ordinarySD02«hares | 176.760 | 9.000 | 11$012 | 99.00 | u0s7 | 171$47 | 127o | ||||||||
| Hrth Lumen»auTela Pi |
|||||||||||||||
| ordinaryGP0 25 hun« | 2».12 | 305$ 01$ | 11.0o | 2122 | 1$1 3o | 7 | |||||||||
| nTGroup Pe | |||||||||||||||
| ordinaryGH? 0$ hares | 100o | $$.93 | 1$4.750 | 100,000 | 171 099 | 1719 | |||||||||
| tima | 1 $21.5l | 2171.i6» | 1azoa | 706.2¥7 | 19 | 1,710.¥19 | 2$52.995 | 92,171 |
| Holding | Hool Value | Marlet Value | Additans | Additans | Dsposal | Dsposal | profit/ | Capitalkoranisatans | Capitalkoranisatans | Notre an | Hldin | Hool Value | Hool Value | Marlerlulu | nonne | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 April 2021 | I April 2021 | I April 2021 | Quantity | 'est | Quantity | prorrds | (Los) | Quantity | t'«t | pare 24 | J Marh 202! | 31 Marh 202! | 31 Marh 2022 | ||||
| £ | £ | t | i | i | i | i | i£ | ||||||||||
| /Fwd | L,$21,8I | 2.371,868 | 46428 | 706,27 | 11193I | 1,710,MI9 | 2,5$2995 | 92.371 | |||||||||
| Compass Group | |||||||||||||||||
| O GnP 0 1I05 | 1$.000 | 204.$35 | 21910 | 1$.000 | 204.$1$ | 247.425 | 2.100 | ||||||||||
| Cordant Dhgtal infrastructure Ld | |||||||||||||||||
| Ord C ShNPV | 16#Io | 16 #1o | (06 810y | (06I0) | 1 | 2 902 | |||||||||||
| Cordant Digital infrastructure ttd | |||||||||||||||||
| IodNPV | 176 1» | 16 RI | I) | 1763¥ | I6 #tu | 190.97 | |||||||||||
| Close Hros Group | |||||||||||||||||
| Ord GHP02$ | 1.00o | I61 0$$ | 16 000 | 12 u0o | 82 M62 | (0 | 13) | ||||||||||
| Crodalteraton.al | |||||||||||||||||
| OrdinaryGBP0 10609756 | 3500 | 170 464 | 222.110 | 3 500 | 170,46l | 27570 | 132 | ||||||||||
| Dhageohl | |||||||||||||||||
| GHP 0 2¥ I0I/Iu» | $.Mo0 | 99.$$1 | 173.M62 | $.00 | 99$51 | 224.054 | 4.29 | ||||||||||
| FxpenanGroup | |||||||||||||||||
| OrdinaryLISI0 I0 «hares | 9 000 | 42771 | 224640 | 9000 | 42 771 | 265$ 500 | 1174 | ||||||||||
| Fastenal om | |||||||||||||||||
| tIsD 0 uI | 4.700 | IM6.297 | 4.70u | 16.297 | 212.03 | ||||||||||||
| Fenuson Pe | |||||||||||||||||
| OrdinarGHP0 IO | 2.Mx3 | »2433 | 249.M41 | 2M8 | 2.43 | 199.11 | $427 | ||||||||||
| Fr«t Senter lnvrs UK FDS1TD | |||||||||||||||||
| Stewartlrs_Au_PLLRSSUST [GRP IN | 9 300 | 26 01o | 90o | 26 010 | 272954 | ||||||||||||
| GLasosmuthiline Pl | |||||||||||||||||
| Odinary GBP0 25 hares | D3o0u | 1$19u9 | 167414 | 13 000 | 1$1 90w | 214 IIu | I0.400 | ||||||||||
| Henderson Investment Funds d | |||||||||||||||||
| Fedlterest monthly in | 400. 000 | 234 524 | 236 M0 | 40u 000 | 234 $24 | 22240 | 11 320 | ||||||||||
| lpnos» Seogs | |||||||||||||||||
| FU ORD NPV | 1MM2$ | 191.013 | 231.031 | 14 x2$ | 19103 | 222 899 | 9,703 | ||||||||||
| HSBC Holdings Pt | |||||||||||||||||
| OrdinaryUSD 0 50 «hares | 36.,40 | 190.30 | 154.060 | 16.40¥ | 190.3o | 191.25l | 6.95 | ||||||||||
| IFSIMARL. UK MICRO IFSI | |||||||||||||||||
| MARI HOROUGH UK MICOK (HRFYX5) | 22 5O0 | 2¥4 171 | 22500 | 24 171 | 229.644 | ||||||||||||
| IMI PI | |||||||||||||||||
| OrdGBP 0 28571428 | 14,000 | 90,427 | 186.620 | 14.00 | 9u,427 | 1906u | 3.206 | ||||||||||
| mte rootunental Exchangelne | |||||||||||||||||
| C'on t'SD 00I | 2.01$ | 19.632 | 2015 | 19.6%2 | 202.196 | 5x2 | |||||||||||
| Johnson Manthe PI | |||||||||||||||||
| OrdinaryGIP 1 109245 shares |
1m72 | $7.si | 116.625 | 172 | $7il | 72 716 | 2 7¥ | ||||||||||
| JP Morgan Md Cap II | |||||||||||||||||
| 0rdGBP 02$ | 21.0o0 | 116.92 | 259.10 | 21.0co | 16.92 | 226.Mo | 6,195 | ||||||||||
| Jupiter Fund Managet | |||||||||||||||||
| Menan UK SallerCo'«HI GHP | 2M0.454 | 27 479 | 496 167 | 210454 | 27 479 | 1$7 543 | 1 $5¥ | ||||||||||
| /Fwd | 3.342.86l | $,495.078 | 5a | 889.149 | I0.793 | 4 | $24.164 | 6.770.93 | I66.135 |
| Holding | Book Value | Book Value | Market Value | Additions | Additions | Disposals | Disposals | Profit/ | Profit/ | Capital Reorganisations | Capital Reorganisations | Note on | Holding | Book Value | Book Value | Market Value | lcome | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I April 1011 | I April 2021 | 1 April 2021 | Quantity | Cost | Quantity | Proceeds | (Loss) | Quantity | Cost | page 24 | 31 | March 2022 | 31 March 2022 | 31 March 2022 | |||||||
| £ | £ | £ | £ | £ | £ | £ | £ | ||||||||||||||
| B/Fwd | 3,342.861 | 5,495.078 | L,619,548 | 8 | 9.149 | 108.793 | 4,524,164 | 6,770,983 | 166,135 | ||||||||||||
| Legal and General Group Ple | |||||||||||||||||||||
| Ordinary GBP 0 025 Shares | 100,000 | 152.295 | 279.000 | 100,000 | 152,294 | 271,900 | 17,820 | ||||||||||||||
| Lloyds Banking Group PIc | |||||||||||||||||||||
| Ordinary GBP 0 I0 shares | 340.000 | 363.203 | 144.602 | 140.000 | 72,311 | 480.000 | 435,514 | 225.840 | 4,216 | ||||||||||||
| M&G PLC | |||||||||||||||||||||
| Ordinary GBP O05 shares | 54,500 | 95.376 | 112.979 | 54,500 | 95,376 | 120,500 | 9.990 | ||||||||||||||
| Mercantile Investment Trust Pl | |||||||||||||||||||||
| Ordinary GBP 0 025 shares | 172.000 | 229.486 | 438.600 | 172.000 | 229.486 | 373,240 | 11.868 | ||||||||||||||
| National Gnd Ple | |||||||||||||||||||||
| Ordinary GBP 0 12431289 shares | 20.625 | 104,58I | 178,159 | 7.375 | 71.663 | 28.000 | 176,244 | 328.216 | 11452 | ||||||||||||
| Ninety One FD MGRS | |||||||||||||||||||||
| Investec Fund Managers Diversified | 237.500 | 239,126 | 240,754 | 237,500 | 239.126 | 229,378 | 8,522 | ||||||||||||||
| Pennon Group | |||||||||||||||||||||
| Ordinary GBP 0 407 | 9.900 | 87.134 | 96.505 | 9.900 | 109.097 | 12.592 | |||||||||||||||
| Persimmon Ple | |||||||||||||||||||||
| OrdinaryGBP0 I0 shares | IO.JOO | 45.153 | 302.717 | IO.JOO | 45.153 | 221.450 | 24.205 | ||||||||||||||
| Prudential Ple | |||||||||||||||||||||
| OrdinaryGBP 0 05 shares | 20.000 | 66,543 | 308.000 | 500 | (500) | E | 20.000 | 66.543 | 226.700 | 2.666 | |||||||||||
| Jackson Financial Inc | |||||||||||||||||||||
| CDI Lune | 9.772 | 500 | 9.469 | (304) | 500 | E | 9.773 | ||||||||||||||
| Reckitt Benckiser PIe | |||||||||||||||||||||
| OrdinaryGBP 0 I0 shares | 4.000 | 24,000 | 259.840 | 4.000 | 24.000 | 233.240 | 6.9%84 | ||||||||||||||
| Rio Tinto Ple | |||||||||||||||||||||
| Ordinary GBP 0 I0 shares | 6.500 | 148,430 | 360.685 | 6.500 | 148.430 | 395.200 | 49,167 | ||||||||||||||
| Royal Dutch Shell PIe | |||||||||||||||||||||
| Ordinary B shares Euro 0 07 | 26.000 | 306.992 | 347.048 | 26.000 | 421.479 | 74,431 | 12.,402 | ||||||||||||||
| Smiths Group Ple | |||||||||||||||||||||
| Ordinary GBP 0 375 shares | 10.200 | 68.653 | 156.774 | 10.200 | 6M.653 | 14.104 | 3.845 | ||||||||||||||
| Schwab (Charles) Corp | |||||||||||||||||||||
| Com USD 001 (2779397) | 2.630 | 181.823 | 2.630 | 1 1.823 | 168.,409 | ||||||||||||||||
| C/fwd | 5,273,833 | 8,720.741 | 1955,117 | 1,429,194 | 195.512 | 6,386,806 | 9,713,160 | 339.045 |
| Holding | Book Value | **Market ** | Value | Additions | Disposals | Disposals | Profit/ | Profit/ | Capital Reorganisations | Capital Reorganisations | Note on | Holding | Book Value | **Market ** | Value | Income | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I April 2021 | 1 April2021 | 1 April 2021 | Quantity | Cost | Quantity | Proceeds | (Loss) | Quantity | Cost | page 24 | 31 March 2022 | 31 March 2022 | 31 March 2022 | |||||
| £ | £ | £ | £ | £ | £ | £ | £ | |||||||||||
| B/Fwd | 5.273.833 | 8.720.741 | 1.955.117 | 1,429,194 | 195.512 | 6.386.806 | 9,713,160 | 339.045 | ||||||||||
| Templeton Emerging Markets | ||||||||||||||||||
| Ordinary GBP 0 25 shares | 28,000 | 218.834 | 282.800 | (28.000) | (218.834) | F | 3,920 | |||||||||||
| Templeton Emerging Markets | ||||||||||||||||||
| Ordinary GBP O05 shares | 140.000 | 218.834 | F | 140.000 | 218.834 | 218.680 | 1.400 | |||||||||||
| Unilever Pl | ||||||||||||||||||
| Ordinary GBP 3 19 p shares | 7.000 | 71.900 | 283.850 | 7,000 | 71.900 | 241,815 | 10,222 | |||||||||||
| Vodafone Group Pl | ||||||||||||||||||
| 0rd USD 0 2095238 | 60,000 | 54,438 | 79.116 | 60.000 | 82,469 | 3,353 | 4,556 | |||||||||||
| WPP Pic | ||||||||||||||||||
| Ordinary GBP 0 I0 shares | 12,000 | I03,539 | I10,448 | 12,0u0 | 103,539 | 120,300 | 3,180 | |||||||||||
TOTAL |
5,722.544 | 9,476,955 | 1,955,117 | L,511,663 | 198,865 | 6,781.079 | 10,293,955 | 362,323 | ||||||||||
| Overseas equities | ||||||||||||||||||
| Artemis Fund Managers | ||||||||||||||||||
| US Smaller Companies I Acc | 60.120 | 227.049 | 60,120 | 227.049 | 208.532 | |||||||||||||
| Baillie Gifford | ||||||||||||||||||
| Amencan B NAV INC | 20.000 | 109.620 | 333.600 | 5.850 | 73.652 | (23.927) | 14,150 | 77.556 | 189,186 | |||||||||
| Baillie Gifford | ||||||||||||||||||
| Japanese SML COS B NAV INC | 3.000 | 135.910 | 165.090 | 3.000 | 167.,880 | 2.790 | 335 | |||||||||||
| Baillie Gifford | ||||||||||||||||||
| Japanese SML COS BNAV INC | 21.200 | 408,948 | 21,200 | 408.948 | 352,344 | |||||||||||||
| Blackrock Frontier | ||||||||||||||||||
| Ord USD O.OJ | 75.000 | 121,506 | 93,375 | 75,000 | 121.506 | 96.000 | 4,451 | |||||||||||
| Blackrock FM LTD | ||||||||||||||||||
| EURP INC D UNITS INC | I65,000 | 262,870 | 287,430 | 165,000 | 262,869 | 296,853 | 8,670 | |||||||||||
| CouplandCardiff | ||||||||||||||||||
| Japan income & growth GBP | 13,0 00 | 174,04I | 205,634 | 13,0 00 | 207,493 | L.859 | ||||||||||||
| Findlay Park Funds PL¢ | ||||||||||||||||||
| American USD DIS | 3.500 | 113,547 | 418.062 | 3,500 | 455,094 | 37.032 | ||||||||||||
| JP Morgan Emerging Markets | ||||||||||||||||||
| Ordinary GBP O.OI Shares | 100,000 | 105,250 | 145.000 | 100.000 | 105.250 | 133.000 | 5.100 | |||||||||||
| Jupiter Unit Trust Managers | ||||||||||||||||||
| Japan Income Z GBP Dis | 228.000 | 266.447 | 228.000 | 266.448 | 244,530 | 1.229.00 | ||||||||||||
| C/lwd | 1,022.744 | L.648.19I | 902,444 | 904.119 | 17.754 | I,469.626 | 1.520,445 | 19,7%5 |
| Holding | Book Value | Market Value | Additions | Disposals | Disposals | Profit/ | Capital Reorganisations | Capital Reorganisations | Nute un | Holding | Buok Value | Market Value | Income | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 April 2021 | 1 April 2021 | April 202I | Quantity | Cont | Quantity | Proceeds | (Loss) | Quantity | Cost | page 24 | 31 March 2022 | 31 March 2022 | 31 March 2022 | ||
| £ | £ | £ | £ | £ | £ | £ | £ | ||||||||
| B/Fwd | 1,022.744 | L,648.19I | 902,444 | 904,119 | 17,754 | 1469,626 | 1,520,445 | 19.785 | |||||||
| MSIM Fund Management | |||||||||||||||
| IF Asia Opportunity J USD ACC | 9.u00 | 180,375 | 315,917 | 9,000 | 180,375 | 214,704 | |||||||||
| North American Income | |||||||||||||||
| TST(The) PIOrd GBP 0 05 | 135.000 | 192,794 | 345.600 | 135.000 | I92.794 | 405.,000 | 14.580 | ||||||||
| Schroder Asa Pacific Ple | |||||||||||||||
| Ordinary GBP 0 I0 shares | 76,800 | 118.726 | 483.072 | 76.800 | 118.726 | 413.952 | 7.450 | ||||||||
| Scottish Oncntal SMLL. Co Trust | |||||||||||||||
| Ordinary GBP 0 25 | 12.000 | 99,494 | 120,600 | 12,000 | 99,494 | 131,400 | 1,380 | ||||||||
| Thrcadnccdle | |||||||||||||||
| INVEURPSEL.Zmi lne | 130.000 | 183,743 | 262,132 | 130.000 | 183,743 | 268.060 | 880 | ||||||||
| Vanguard Funds PI | |||||||||||||||
| S&P 500 UCITS ETF INCGBP | 15.000 | 403.327 | k18.7%0 | 8.600 | 541.888 | 72.455 | 6,400 | 172.06 | 417.336 | 7.932 | |||||
| TOTAL. | 2,201,203 | 3,994,290 | 902.444 | 1A46,007 | 90.209 | 2416,844 | 3,370,897 | 52,007 | |||||||
| Globallvestments | |||||||||||||||
| Franklin Templin F2 | |||||||||||||||
| FTFCLARBRDGGBLINFA INC S | 147.000 | I49.01I | 174,195 | 147.000 | 149,01I | 212.268 | 4.007 | ||||||||
| Leg Mason GBL FD Royal | |||||||||||||||
| USSMALLCAPOPP Prem | 1.150 | 271.024 | 307.317 | 1.150 | 315.719 | .402 | 4.68.2 | ||||||||
| Polar Capital Fund Global Technology | |||||||||||||||
| GBPI | 5.000 | 143,260 | 313,200 | $,0u0 | 338,200 | 25,000 | |||||||||
| Polar Capital Fund Global Technology Trust | |||||||||||||||
| GBP 0 25 | 13,000 | 323,961 | 13,000 | 323.961 | 295.,880 | ||||||||||
| TOTAL | 563,295 | 794.712 | 323,961 | 653.919 | 33,402 | 472,972 | 508,148 | 8,689 |
| Holding | Book Value | MarketValu | Addition | Disposals | Disposals | Profit/ | CapitalReorganisations | CapitalReorganisations | Nutre on | Holding | BookValue | MarketValue | Income | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1April2021 | 1 April 2021 | 1 April 2021 | Quantity | Cost | Quantity | Proceeds | (Loss) | Quantity | Cost | pape 24 | 31 March2022 | 31 March2022 | J1 Marh2022 | ||
| £ | £ | £ | £ | £ | £ | £ | £ | ||||||||
| Property | |||||||||||||||
| Chantes PropertyFund | 133.000 | 152.832 | 165,133 | JJJ,000 | 167,673 | 2.540 | 1.558 | ||||||||
| MayfaurCapital Investment Managers | |||||||||||||||
| Propertyincome Trust | 222.864 | 200.000 | 18$.178 | 222.864 | 200.000 | 220.412 | 9.26I | ||||||||
| Tntax Big Box Reit | |||||||||||||||
| 0rdGBP 00I | 173.019 | 198.210 | 310.196 | 312.299 | 76.915 | 18.992 | 140.720 | 161.208 | 339.9%80 | 10.462 | |||||
TOTAL |
551.042 | 660.706 | 244.608 | 21,532 | 361.208 | 560,392 | 21.20 | ||||||||
| Private Equity | |||||||||||||||
| APAX Global Alpha | |||||||||||||||
| OrdinaryEUR000I shares | I 11,100 | 132,405 | 211,979 | 111,IOO | 132.405 | 229,977 | L3,699 | ||||||||
| Pnnccss PrvatcEquity | |||||||||||||||
| Ordinary EURU.00I shares | 20,000 | 99.128 | 203,595 | 10.000 | 115,333 | 30.,000 | 214.46l | 304.221 | 14,295 | ||||||
| HICL Infrastructure | |||||||||||||||
| OrdinaryGBP00ü0I | 12x.000 | 201,328 | 210,944 | L28.u00 | 201.328 | 227.584 | I0.56I | ||||||||
| TOTAL | 432,86I | 626.518 | 115,333 | 548.194 | 761.72 | 38,555 | |||||||||
| GRANDTOTAL | 11,522.833 | 17,602,274 | 3,484,478 | 3.856.197 | 344,008 | : | 12,819.644 | 17,609.196 | 540.501 |