**THE BLAKENHAM WOODLAND GARDEN (A Company Limited by Guarantee)** **Registered No. 01784059 Charity Number: 288649** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 OCTOBER 2020** **THE BLAKENHAM WOODLAND GARDEN** **(A Company Limited by Guarantee)** ## **CONTENTS** ## **Page No** |**1**|**LEGAL & ADMINISTRATIVE DETAILS**| |---|---| |**2 -4**|**REPORT OF THE DIRECTORS**| |**5**|**STATEMENT OF FINANCIAL ACTIVITIES**| |**6**|**SUMMARY INCOME AND EXPENDITURE ACCOUNT**| |**7 - 8**|**BALANCE SHEET**| |**9 – 13**|**NOTES TO THE ACCOUNTS**| |**14**|**INDEPENDENT EXAMINER’S REPORT**| |**15**|**SCHEDULE OF INVESTMENTS**| **THE BLAKENHAM WOODLAND GARDEN** **(A Company Limited by Guarantee)** ## **LEGAL & ADMINISTRATIVE DETAILS** |**NAME:**|The Blakenham Woodland Garden| |---|---| |**LEGAL STRUCTURE:**|The Charity is a Company incorporated in England| ||and Wales| |**DIRECTORS:**|The Viscountess Blakenham| ||Hon Caspar Hare (appointed 14 July 2020)| ||J Morley| |**SECRETARY & REGISTERED**|Ms F Magowan| |**OFFICE:**|4thFloor 10 Bruton Street| ||LONDON| ||W1J 6PX| |**CHARITY REGISTRATION NO:**|288649| |**COMPANY NUMBER:**|01784059| |**BANKERS:**|Lloyds TSB Bank plc| ||P O Box 4| ||13 Cornhill| ||IPSWICH| ||IP1 1PG| |**SOLICITORS:**|Currey & Co| ||33 Queen Anne Street| ||LONDON| ||W1G 9HY| |**INDEPENDENT EXAMINER:**|N Meekings| ||Ensors Accountants LLP| ||Saxon House| ||Moseley’s Farm Business Centre| ||Fornham All Saints| ||Bury St Edmunds| ||IP28 6JY| |**ACCOUNTANTS:**|Millbank Financial Services Ltd| ||4thFloor 10 Bruton Street| ||LONDON| ||W1J 6PX| - 1 - **THE BLAKENHAM WOODLAND GARDEN** ## **(A Company Limited by Guarantee)** ## **REPORT OF THE TRUSTEES** The Trustees (who are also Directors for the purpose of the Companies Act) present their Report and Financial Statements for the year ended 31 October 2020. The Trustees confirm that the financial statements comply with current statutory requirements, the requirements of the charity’s governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The Charity is a Charitable Company Limited by Guarantee. It is governed by its Memorandum and Articles of Association. ## **TRUSTEES** The Trustees during the year were as follows:- The Viscountess Blakenham Hon Caspar Hare (appointed 14 July 2020) J Morley The ongoing projects of the Charity and its day to day activities are managed by the Trustees who meet on a regular basis. The Trustees comprise a range of specialists in the area in which the Charity operates. New members either replace or add to this range of skills and are supported and trained in these respective skills to benefit the Charity. ## **OBJECTIVES, ACTIVITIES, ACHIEVEMENTS AND PERFORMANCE** The Company is a Registered Charity formed to operate a Woodland Garden for the benefit of the public. There is a six acre oak and coppiced hazel bluebell wood where there is a planned balance between woodland and garden, between trees, shrubs and flowers. There are both native and rare, exotic species, many of which originated from plant auctions at Kew Gardens. There is also abundant bird and insect life. The Garden has been designed to guide visitors past carefully placed “incidents of delight” such as a natural tunnel of bamboos, a rough-cast pergola flanked by white-stemmed thorns and camellias and enormous rocks shipped in from China, supported on willow covered bases. In June 2015 a piano was installed in the Garden which plays a specially composed tune when a visitor passes. This was intended to be a source of amusement and surprise for the visitors and has proved popular. A website has been set up with details of the Garden, various photographs and information about specific events. Links to this website are now on various tourism websites for East Anglia and on sites such as, GardenVisit.com. The website address is www.blakenhamwoodlandgarden.org.uk and this includes directions to the site and details of how to access the garden. Due to the coronavirus pandemic the garden did not open during 2020. The Garden is open to the public from 16 February to 30 June daily from 9.30 to 16.30.There is an entrance charge of £5 with children half price. Season Tickets are available for regular visitors. Coach parties are welcome by appointment. The Trustees will ensure that the Charity will continue to meet its objectives for the foreseeable future; ensuring the public will continue to benefit from the Charity. ## **GOVERNING DOCUMENT AND CONSTITUTION** The company is registered under the Charity Commission for England and Wales, number 288649 and is constituted as a Private Limited Company, limited by guarantee, registered number 01784059. The Blakenham Woodland Garden was incorporated under and is regulated by its Memorandum & Articles of Association dated 18 January 1984, as a Company Limited by Guarantee. - 2 - **THE BLAKENHAM WOODLAND GARDEN (A Company Limited by Guarantee)** ## **REPORT OF THE TRUSTEES (Continued)** Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the Trustees are required to: - Select suitable accounting policies and then apply them consistently; - Observe the methods and principles in the Charities SORP; - Make judgements and estimates that are reasonable and prudent; - State whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable Company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in difference jurisdictions. ## **FINANCIAL REVIEW** It is the policy of the Trustees to ensure that adequate assistance is made available to the Blakenham Woodland Garden to enable it to meet the objectives described above. Net outgoing resources for the year were £13,644 (2019: outgoing £8,040). The Company made realised gains in the year of £8,098 (2019: gains £261) and had unrealised losses of £169,791 (2019: unrealised losses of £97,998). The net outgoing movement of funds was £175,337 (2019: outgoing £105,777). ## **INVESTMENT POLICY** The Company has a long term approach to investment. The Trustees’ Investment Policy is to balance the capital growth to maintain the real value of funds with the requirement to produce income. This is achieved by holding a range of equities as shown on page 15 of the Accounts and which is reviewed regularly and the annual performance meets this objective. There are no specific limitations to the investment policy. ## **RESERVES POLICY** The Trustees have examined the requirements of The Blakenham Woodland Garden and in light of the main risks have agreed that the charity will continue to maintain sufficient reserves to enable it to continue to meet its objectives for the foreseeable future. The charity’s aim is to have enough reserves at the yearend date to allow for the charity’s operating costs for at least the next six months. Based on the accounts, six months of operating costs would equate to £19,707, of which the charity has plenty of reserves at the yearend date to meet. The Trustees believe that despite COVID-19 the charity has sufficient reserves. - 3 - THE BLAKENHAM WOODLAND GARDEN Acom Limited b Guarantee REPORT OF THE TRU TEES Contin PUBLIC BENEFIT The Board of Trustees are aware of their duty to ensure th8 aclivrties of Blakenham Woodland Garden furth8r its charitable objectives and that these activities are for the purpose of public benefit. A review of these activities is included in this Annual Report. Thè Twstees confirm that they have Complied with the duty in section 17 of the Charities Act 2011 and have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charrty's aims and objective8. ADMINISTRATION OF TH The Charity is administered by the Tru8tees. The Trustees will revi8W the perfomanoe and govern the Charrty on a day to day ba818. Th8 Truste88 will review the composition of the board, identrfying the need lor recruitment processes to take place. Trustees will be sought via word of mouth and knowledge of the charity. Thè Trustees will review any potenlial candidates to ensure that they complem6nt the board. A resolution is held lo elect any new tru8tee8. Newly nominated trustees are briefed by the board to assist in carying out their role. AN GEME PER NNEL REMUNERATI The Trustees consider the board a8 comprising th8 key management P8r$onnel who are in charge of directing and controlling the charity, including day to day operation8. All Tru8tee8 givè their time freely and no trustee remuneration was paid in the year. Details of related party transadion8 can be found wrthin note 15 to the accounts. The Trustees have continued to revrew on a regular ba81S the major ri8k8 to which the Charity is exposed. LLC MPA PROVISIONS The Trustees, Report has been prepared in accordance with the Srnall company ragime (Section 419(2)) of the CA2006. Signed on behalf of the Trustees on VISCOUN SS BL4KENHAM - Dire¢to 1.7. **THE BLAKENHAM WOODLAND GARDEN (A Company Limited by Guarantee)** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2020** |**Note**
**INCOME FROM:**
Charitable Activities
**3**
Investments
**4**
**TOTAL**
**EXPENDITURE ON:**
Charitable Activities
**5**
Other
**8**
**TOTAL**
**NET INCOME / (EXPENDITURE)**
Gains/(Losses) on investment assets
**11**
**NET MOVEMENTS IN FUNDS**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**Funds**
**2020**
**£**
6,941
18,830|**Unrestricted**
**Funds**
**2020**
**£**
6,941
18,830|**Unrestricted**
**Funds**
**2019**
**£**
8,247
31,795|**Unrestricted**
**Funds**
**2019**
**£**
8,247
31,795| |---|---|---|---|---| |||25,771||40,042| |||34,268
5,147||41,220
6,862| |||39,415||48,082| ||(13,644)|||(8,040)| ||(161,693)
(175,337)
976,552||
(97,737)
(105,777)
1,082,329|| ||801,215||976,552|| The Notes on Pages 9 to 13 form part of these Financial Statements. The statement of financial activities included all gains and losses recognised in the year. All income and expenditure derives from continuing activities. - 5 - **THE BLAKENHAM WOODLAND GARDEN (A Company Limited by Guarantee)** ## **SUMMARY OF INCOME & EXPENDITURE ACCOUNT** ## **FOR THE YEAR ENDED 31 OCTOBER 2020** |Income from charitable activities
Investment Income
**Gross Income in the reporting period**
Expenditure on charitable activities
Other expenditure
(Gains)/Losses on investments
**Total Expenditure in the reporting period**
Net Income/(Expenditure) for the financial year|| |---|---| The Summary Income & Expenditure Account is derived from the Statement of Financial Activities on Page 5 which, together with the Notes to the Accounts on Pages 9 to 13, provides full information on the movements during the year on all the funds of the Company. The Company’s income and expenditure all relate to continuing operations. The surplus/(deficit) for the year has been calculated on the historical cost basis. The Notes on Pages 9 to 13 form part of these Financial Statements. - 6 - **THE BLAKENHAM WOODLAND GARDEN (A Company Limited by Guarantee)** ## **BALANCE SHEET** ## **31 OCTOBER 2020** |**FIXED ASSETS**
Tangible assets
Investments
**TOTAL FIXED ASSETS**
**CURRENT ASSETS**
Debtors due within One Year
Cash at Bank
**CREDITORS**: Amounts falling due within
One Year:-
**NET CURRENT ASSETS**
**TOTAL NET ASSETS**
**THE FUNDS OF THE CHARITY**
Unrestricted Funds
Total Charitable Funds|**Note**
**10**
**11**
**12**
**13**
**14**|**Unrestricted**
**Funds**
**2020**
**£**
316,225
476,299
792,524
364
24,660
25,024
16,333
8,691
801,215
801,215
801,215|**Unrestricted**
**Funds**
**2019**
**£**
317,779
646,090|**Unrestricted**
**Funds**
**2019**
**£**
317,779
646,090| |---|---|---|---|---| |||||963,869| |||||364
28,352| |||||28,716
16,033| |||||12,683| |||||976,552| |||||976,552| |||||976,552| - 7 - THE BLAKENHAM WOODLAND GARDEN Acom Guarantse BALANCE SHEET Continuod 31 OCTOBER 2020 For the year ended 31 OL*ober 2020 the Company was entitled to exemption from the requirement to have an audit under Section 477 of the Companies Act 2006. No notice has been deposited with the Company under Se¢lion 476 of that Ad requiring an a￿lit to be carri8d out. Th8 Director8 a¢knO￿edge their re8pon8ibilty for.- en8uring tho Company keeps accountir¥J reccKth in accordanc* wlth Sectlon 386 of the Companies Act 2006.. a￿1 b) preparing Finanryal Statements which give a true and falr view of the stste of affairs of the Company as at the erKI of its financial year and of the surplus of that financial year in accordance with the requirements of section 394 and 395 of the Companie$ Act 2006, and which otherlvise comply wrth th8 accounting requirement8 of the Ad relatirKd to Accounts so far as they are applicable to the Company. The Financial Statements have been prepared in accordance with the Special Provisions of Part 15 of the Companies Act 2006 relating to Small Companies and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Approved by the Board <)n .................................................. The Viscoun Marcia Blakenham - Dir Company no. 01784059 The Notes on Pag88 9 to 13 fomi part of those Financial Statements. **THE BLAKENHAM WOODLAND GARDEN (A Company Limited by Guarantee)** ## **NOTES TO THE ACCOUNTS** ## **YEAR ENDED 31 OCTOBER 2020** ## **1. ACCOUNTING POLICIES** The Blakenham Woodland Garden is a company limited by guarantee incorporated in the United Kingdom. The Charity's registered office is 4th Floor, 10 Bruton Street, London, W1J 6PX. The Charity constitutes a public benefit entity as defined by FRS 102. The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. ## **Statement of Recommended Practice - Accounting and Reporting by Charities** The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **Incoming Resources** All incoming resources are accounted for on a receivable basis. ## **Resources Expended** All expenditure is included on an accruals basis. ## **Depreciation** Freehold Land is included in the accounts at its appropriate market value. Plant and Machinery - 4 - 25 years straight line. ## **Investments** Investments held as fixed assets are stated at market value at mid market price. Realised and unrealised profits and losses are included in the Statement of Financial Activities. ## **Pension Costs** Contributions payable to the Pension Scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Taxation** The Company is a registered Charity and is considered not liable to Corporation Tax. - 9 - **THE BLAKENHAM WOODLAND GARDEN (A Company Limited by Guarantee)** ## **NOTES TO THE ACCOUNTS (Continued)** ## **YEAR ENDED 31 OCTOBER 2020** ## **Funds Structure** The company holds a substantial and well diversified endowment fund. This endowment fund is an unrestricted fund and the trustees are free to use this fund for any purpose in furtherance of the charitable objectives. ## **2. DIRECTORS** No Director received any remuneration or no reimbursed expenses during the year (2019: £ Nil). ## **3. INCOME FROM CHARITABLE ACTIVITIES** |**4.**
**5.**
**6.**
**7.**|Woodland Garden Income
Rent Receivable
**INVESTMENT INCOME**
Income from investments
Interest Received
**CHARITABLE ACTIVITIES**
Charitable expenditure
**DIRECT COSTS**
Garden expenses
Gardeners’ Labour
**SUPPORT COSTS**
Legal and Professional Fees
Independent Examiner’s Fee
Investment Portfolio Stewardship Fee
LEI fee|**Direct**
**Costs**
**£**
**(see note 6)**
29,386||**2020**
**£**
321
6,620
6,941
18,826
4
18,830
**Support**
**Costs**
**£**
**(see note 7)**
4,882||**2019**
**£**
1,627
6,620|**2019**
**£**
1,627
6,620| |---|---|---|---|---|---|---|---| ||||||||| ||||||||8,247| ||||||||31,795
-| |||||||31,795
**Total**
**£**
34,268|31,795| |||||**2019**
**£**
741
28,645
29,386
2,965
1,842
-
75
4,882||**2018**
**£**
1,098
32,271|| |||||||33,369|| |||||||4,845
1,776
1,066
164|| |||||||7,851|| - 10 - **THE BLAKENHAM WOODLAND GARDEN** **(A Company Limited by Guarantee)** ## **NOTES TO THE ACCOUNTS (Continued)** ## **YEAR ENDED 31 OCTOBER 2020** ## **8. OTHER EXPENDITURE** |**OTHER EXPENDITURE**||| |---|---|---| |Sundry expenses
Depreciation
Currey & Co fee
Insurance|**2020**
**£**
746
2,763
-
1,638
5,147|**2019**
**£**
2,923
2,642
-
1,297| |||6,862| ## **9. STAFF COSTS** During the year ended 31 October 2020 the company paid £28,645 in salaries and social security payments. The Company operates a Defined Contribution Scheme for its employees. The assets of the Scheme are held separately in an Independently Administered Fund. The pension cost charge represents contributions payable by the Company to the Fund and amounts to £1,116 (2019: £1,356). The average monthly number of persons (including directors) employed by the company during the year was 6 (2019: 5). ## **10. TANGIBLE ASSETS** Freehold Land is included in the Accounts at its approximate current market value, as valued by the Directors in the year ended 31 October 2020. Other fixed assets are included at cost. |**Cost**
Brought forward
Additions
Carried forward
**Depreciation**
Brought forward
Change
Carried forward
Net book value as at 31 October 2020
Net book value as at 31 October 2019|**Freehold**
**Land and**
**Property**
**£**
**Plant and**
**Machinery**
**£**
**Total**
**£**
292,550
66,956
359,506
-
1,209
1,209| |---|---| ||292,550
68,165
360,715| ||-
41,727
41,727
-
2,763
2,763| ||-
44,490
44,490| ||292,550
23,675
316,225| ||292,550
25,229
317,779| ## **11. FIXED ASSET INVESTMENTS** |Equities &
Funds|**Market**
**Value **
**01/11/2019**

646,090|**Additions**|**Additions**|**Additions**|
|
**Disposals**|
|**Realised **
**Gain/**
**(Loss)**
8,098|**Unrealised**
**Gain/**
**(Loss)**
(169,791)|**Market**
**Value**
**31/10/20 **
476,299|**Market**|**Market**|**Cost**
**31/10/20**|**Cost**
**31/10/20**| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||**Value**||| |||||**at Cost **||||||||||| ||
|||-||(8,098)||||||||434,572| - 11 - **THE BLAKENHAM WOODLAND GARDEN** ## **(A Company Limited by Guarantee)** ## **NOTES TO THE ACCOUNTS (Continued)** ## **YEAR ENDED 31 OCTOBER 2020** |**GEOGRAPHICAL ANALYSIS**
United Kingdom investments
**12.**
**DEBTORS**
Trade
**13.**
**CREDITORS**
Trade Creditors
Taxation & Social Security
Accruals
**14.RECONCILIATION OF MOVEMENTS IN**
**FUNDS**
Unrestricted Funds:
Balance at 1 November 2019
Net Movements in Funds
Balance at 31 October 2020
**Net movement in funds included in the above are as follows:**
Income
Outgoing
Unrestricted Funds
25,771
(39,415)|**2020**
**2019**
**£**
**£**
476,299
646,090
**2020**
**2019**
**£**
**£**
364
364
**2020**
**2019**
**£**
**£**
11,695
11,445
1,482
1,485
3,156
3,103
16,333
16,033
**2020**
**£**
**2019**
**£**
976,552
1,082,329
(175,337)
(105,777)
801,215
976,552
Gains and
Losses
Movement in
funds
(161,693)
(175,337)||**2019**
**£**
646,090
**2019**
**£**
364|**2019**
**£**
646,090
**2019**
**£**
364| |---|---|---|---|---| |||||**2019**
**£**
364| |||||**2019**
**£**
11,445
1,485
3,103| |||||16,033| ||||**2019**
**£**
1,082,329
(105,777)|| ||||976,552|| - 12 - **THE BLAKENHAM WOODLAND GARDEN (A Company Limited by Guarantee)** ## **NOTES TO THE ACCOUNTS (Continued)** ## **Year ended 31 October 2020** ## **15. RELATED PARTY TRANSACTIONS** During the ordinary course of business with Blakenham Farms, a Partnership in which The Viscountess Blakenham is a Partner, various transactions in relation to expenses were incurred on the maintenance of the Woodland Garden. These amounted to £32,873 (2019: £37,127) of which £13,178 (2019: £12,930) was owing at 31 October 2020, which includes reimbursement for staff costs. In addition, the Woodland Garden received rental income of £6,620 (2019: £6,620) from Blakenham Farms of which £364 was owing at 31 October 2020 (2019: £364). No director of the company has received any remuneration or reimbursement of expenditure during the year (2019: £nil). ## **16. SHARE CAPITAL** The Company is Limited by Guarantee and accordingly does not have a share capital. ## **17. MEMBERS’ LIABILITY** In the event of winding up the Company, the members’ liability is limited to £1 each. There are currently 3 members. - 13 - **THE BLAKENHAM WOODLAND GARDEN (A Company Limited by Guarantee)** ## **INDEPENDENT EXAMINER’S REPORT TO THE DIRECTORS** ## **OF THE BLAKENHAM WOODLAND GARDEN FOR THE YEAR ENDED 31 OCTOBER 2020** I report to the trustees on my examination of the financial statements of the Company for the year ended 31 October 2020. ## **Responsibilities and basis of report** As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Neil Meekings FCCA Ensors Accountants LLP Saxon House Moseley’s Farm Business Centre Fornham All Saints BURY ST EDMUNDS, IP28 6JY 21 July 2021 - 14 - **THE BLAKENHAM WOODLAND GARDEN** **(A Company Limited by Guarantee)** ## **SCHEDULE OF ASSETS AND INVESTMENT INCOME** ## **For the year ended 31 October 2020** |**All shown in £ Sterling**
**Description of Securities**
35,000 Pearson plc Ord 25p
3,450 Persimmon Ord 10p
1,760 Glaxosmithkline Ord 25p
5,020 Marks & Spencer Ord 25p
1,550 Whitbread Ord 0.76797385
1,950 Land Securities Ord 10p
3,933 Royal Dutch Shell ‘B’ Ord Eur 0.10
4,450 Aviva Ord 0.25p
5,250 Centrica Ord 0.061728395p
6,200 Man Group Ord $0.03428571
4,550 Sainsbury (J) Ord 0.28571428p
2,731 National Grid Ord 0.113953p
1,360 Scot & Sthn Energy Ord 0.50p
10,080 Thomas Cook Group Ord 0.10p
500 AstraZeneca Ord $0.25|**Memo**
**at Cost**
**01/11/19**
175,015
16,923
20,356
20,131
19,863
20,910
38,874
15,214
15,044
15,159
15,025
14,892
15,088
17,113
14,965
-----------
434,572
======|**Market**
**Value at**
**01/11/19**
238,770
78,556
31,127
9,111
62,945
18,330
87,234
18,476
3,809
8,897
9,259
24,615
17,456
-
37,505
-----------
646,090
======|**Additions**

----------
======|**Disposal**
**Proceeds**
(8,098)
-----------
(8,098)
======|**Realised **
**Profit/**
**(Loss)**
8,098
-------
8,098
====|**Unrealised**
**Profit/**

**(Loss)**
(60,270)
2,036
(8,391)
(4,636)
(29,666)
(8,399)
(50,696)
(7,017)
(1,857)
(2,229)
(86)
483
(388)
-
1,325
----------
(169,791)
======|**Memo Cost**
**at 31/10/20**
175,015
16,923
20,356
20,131
19,863
20,910
38,874
15,214
15,044
15,159
15,025
14,892
15,088
17,113
14,965
-----------

434,572
======|**Market**
**Value at**
**31/10/20**
178,500
80,592
22,736
4,475
33,279
9,931
36,538
11,459
1,952
6,668
9,173
25,098
17,068
-
38,830
-----------
476,299
======|**Net Income**
**Received**
**in Year**
6,825
1,380
1,408
196
506
226
3,811
267
79
484
150
1,326
1,088
-
1,080
-------------
18,826
======| |---|---|---|---|---|---|---|---|---|---| ||||||||||| -15-