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|Contents||
|---|---|
|Tmstees'Report|1to 3|
|StatementofTrustees'Responsibilities|4|
|IndependentExaminer'sReport|5|
|StatementofFinancialActivities|6|
|BalanceSheet|7|
|NotestotheFinancialStatements|8to11|
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|PrincipalOffice|24GreencoatPlace,London,SW1P1RD|
|---|---|
|Trustees|CatherineLJHutchinson.Correspondent|
||RonaldJCGraham|
||AlisonCDDodds|
||PhoebeJGill|
|Bankers|HSBC,ThePeak,333VauxhallBridgeRoad,Victoria,SW1V1EJ|
||RoyalBankofScotland,CambridgeBranch,1SpinningfieldsSquare,|
||Manchester,M3SAP|
|Solicitors|WSPSolicitorsLLP,3-7RowcroftRoad,Stroud,Gloucestershire,GL53BJ|
||BatesWells&BraithwaiteLondonLLP,10QueenStreetPlaceLondon|
||EC4R1BE|
|Investment|EvelynPartners,45GreshamStreet,London,EC2V7BG|
|Managers||
|Independent|FairwayTaxandAccountingLimited,11CAlmaRoad,Snettisham,King's|
|Examiners|Lynn,Norfolk,PE317NY|
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|StatementofFinancialActivities
fortheyearended5April2024|||||
|---|---|---|---|---|
||||Total|Total|
|||funds|2024|2023|
|||£|£|£|
|Donationsandlegacies|||||
|Uncovenantedgifts||40,995|40,995|1,500|
|Legacies|||||
|Grosscovenantedgiftsandgift|aid|||25|
|Giftaidunrecoverable||||(8,062)|
|||40,995|40,995|(6,537)|
|Investmentincome|||||
|Netdividends||49,379|49,379|48,444|
|UKcompanyinterest|||||
|Foreignincomegross||11,697|11,697|19,435|
|Grossbankinterest||14,141|14,141|7,639|
|Propertyrentalinvestmentincome||1,772|1,772|1,564|
|Propertytaxunrecoverable||76,989|76,989|(1,098)
75,984|
|Otherincome|||||
|Mortgageupliftincome||||22,813|
|Totalincome||117,984|117,984|92,260|
|Expenditureon:|||||
|Grantspayable||(63,975)|(63,975)|(121,322)|
|Governancecosts|||||
|Postage||(84)|(84)|(14)|
|Travelandmotor||(71)|(71)|(166)|
|Legalandprofessional
Accountancyfees||(612)
(1,050)|(612)
(1,050)|(5,891)
(780)|
|Bankcharges
Portfoliocharges||(198)
(11,948)|(198)
(11,948)|(44)
(11,756)|
|||(13,963)|(13,963)|(18,651)|
|Totalexpenditure||(77,938)|(77,938)|(139,973)|
|Gains/(losses)ondisposaloflistedinvestment|||||
|assets||32,603|32,603|(9,740)|
|Gains/(losses)
on
listed
investment|assets||||
|revaluations||149,303|149,303|(62,474)|
|Netmovementinfunds||221,952|221,952|(119,927)|
|Reconciliationoffunds|||||
|Totalfundsbroughtforward||2,711,479|2,711,479|2,831,406|
|Totalfundscarriedforward|2|2,933,431|2,933,431|2,711,479|
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||2024|2024|2023|2023|
|---|---|---|---|---|
||Unrestricted|Total|Unrestricted|Total|
||£|£|£|£|
|Balanceat6April|2,711,479|2,711,479|2,831,406|2,831,406|
|Incomingresources|117.984|117,984|92,260|92,260|
|Resourcesexpended|(77,938)|(77,938)|(139,973)|(139,973)|
|Otherrecognisedgains/(losses)|181,906|181,906|(72,214)|(72,214)|
|Balanceat5April|2,933,431|2,933,431|2,711,479|2,711,479|
|Fixedassets|2,420,933|2,420,933|2,299,806|2,299,806|
|Currentassets|512,663|512,663|411,683|411,683|
|Currentliabilities|(165)
2,933,431|(165)
2,933,431|(10)
2,711,479|(10
2,711,479|
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|3|Listedinvestments||2024|2023|
|---|---|---|---|---|
||||£|£|
||Listedothershares||2,034,933|1,913,806|
||Listedinvestmentsasat5April2024areasfollows:||||
||Details|reholding|Bookcost|Value|
||||£|£|
||VontobelAssetMgmtSATwentyfour|1,000|103,971|97,910|
||AshteadGroupOrdGBP0.10|600|31,365|33,840|
||AstrazenecaPLCOrdUSD0.25|600|34,844|64,068|
||BAESystemsOrdGBP0.025|5,500|18,214|74,223|
||BHPBillitonPLCUSD0.50|2,500|35,630|56,875|
||BlackrockContinentalEuropean|35,000|68,034|67,950|
||BPOrdUSD0.25|10,000|57,329|49,570|
||CompassGroupPLCOrd|2,000|31,819|46,460|
||ConvatecGroupPLCOrdGBP0.1|20,000|49,651|57,280|
||CranswickOrdGBP0. 10|1,800|13,612|73,728|
||CRHPLC|750|26,890|51,210|
||ExperianPLCOrdUSD0.10|1,000|32,010|34,540|
||FidelityGlobalInvestmentFunds|34,969|79,033|84,940|
||GlaxoSmithKlineOrd.GBP0.25|2,400|26,253|41,006|
||GuinnessGlobalEquityIncome Z|2,500|65,079|74,813|
||HaleonPLCOrdGBP0.01|10,000|28,914|33,310|
||HargreavesLansdownPLC|3,000|54,390|22,080|
||HendersonStrategicBond|59,865|80,397|64,355|
||HICLInfrastructure|20,000|35,236|25,280|
||HowdenJoineryGroupPLCOrd|9,000|29,835|81,612|
||JPMorganGlobalGrowth&Income|15,000|67,459|84,000|
||LloydsBankingGroupOrdGBP0.1|80,000|77,374|41,408|
||LondonStockExchangeGroup|400|32,095|37,960|
||M&GPLCOrdGBP0.05|18,000|37,367|39,690|
||NatWestGroupPLC|11,142|66,790|29,582|
||RathboneEthicalBond|79,858|81,512|69,373|
||ReckittBenckiserGroupPLC|500|33,669|22,560|
||RoyalDutchShell"B"SharesOrd|4,100|68,592|107,625|
||ScottishAmericanInvestmentCo|10,000|51,928|50,400|
||SequoiaEconomicInfrastructure|35,000|35,202|28,385|
||Smith(DS)PLC|8,000|40,386|31,736|
||SSEPLC|2,000|33,747|33,000|
||SupermarketIncomeReitPLC|30,000|32,440|23,280|
||TBEvenlodeGlobalIncome|50,085|74,379|76,435|
||TescoOrdGBP0.05|9,474|49,685|28,097|
||TritaxEuroboxPLC|30,000|35,694|16,290|
||LinkFundSolLtdCapitaTrojan|45,000|46,683|57,762|
||UnileverPLCOrdGBP0.03111|2,000|21,339|79,510|
||WeirGroupOrdGBPO.125|2,000|40,930|40,440|
||AllianzRCMUKEquityIncomeFund|2,156.45|2,677|2,350|
||||1,832,454|2,034,933|
||HeldwithEvelynPartners||1,829,777|2,032,583|
||HeldDirectly-AllianzRCMUKEquityIncomeFund||2,677|2,350|
||||1,832,454|2,034,933|