2024-04-05-accounts - The James And Frieda Lund Trust

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		General		2024	2023
		Income	Capital	Total	Total
	Note	Fund	Fund	Funds	Funds
Receipts and Payments		£	£	£	£
RECEIPTS
Investment Income - Page 7		7,839.46		7,839.46	6,982.28
Property rents (net of expenses) - Page 7		6,008.53		6,008.53	16,828.87
Total Receipts		£ 13,847.99		13,847.99	23,811.15
PAI'MENTS
Direct Charitable Expenditure
Grants
Emma Guest		-			1,000.00
Shaelee Summerson		1,500.00		1,500.00	4,000.00
Isobel Taylor		600.00		600.00	2,200.00
Chloe Walton					1,000.00
Keisha Warne		2,000.00		2,000.00	4,600.00
Our Special Friends					1,500.00
Rural Coffee Caravan					2,000.00
Bury St Edmunds Town Trust		2,000.00		2,000.00
		£ 6,100.00		6,100.00	16,300.00
Administration Costs
Stockbrokers' Fees & LEI fee			1,996.22	1,996.22	2,047.40
Clerk's Fees		392.00		392.00	2,072.00
Employer's liability insurance		553.53		553.53	480.48
Charity Trustee insurance		456.24		456.24	435.68
Accountancy services		525.00		525.00	525.00
Max Weatherby - Gift Voucher		100.00		100.00	100.00
Bank charges		60.00		60.00	72.00
Refreshments		25.05		25.05	72.55
Lunch for new/retiring trustees		200.00		200.00
Total Expenditure		£ 8,411.82	1,996.22	10,408.04	22,105.11
Net Receipts (Payments) for the Year		£ 5_,436.17	-1,996.22	3,439.95	1,706.04
Other Recognised Gains and Losses-
On freehold property
Realised	2
Unrealised	2
On investments
Realised		0.00	1,777.36	1,777.36	-438.12
Unrealised	3	0.00	5,812.43	5,812.43	-25,311.70
		£ 0.00	7,589.79	7,589.79	-25,749.82
Net Movements in Funds		5,436.17	5,593.57	11,029.74	-17,808.24
Balance at 6 April 2023		52,633.36	753,698.86	806,332.22	824,140.46
Balance at 5 April 2024		£ 58,069.53	759,292.43	817,361.96	806,332.22

	General		2024	2023
	Income	Capital	Total	Total
	Note Fund	Fund	Funds	Funds
Fixed Assets
Freehold property-	2
34 Greenways Crescent	0.00	280.000.00	280,000.00	280,000.00
30 Greenways Crescent	0.00	250,000.00	250,000.00	250,000.00
Investments-
Securities	30.00	227,911.00	227,911.00	222,470.00
Cash	0.00	2,118.90	2,118.90	1,966.33
	£0.00	760,029.90	760,029.90	754,436.33
Current Assets
Bank Current Account - CAF	10.432.47	-751.02	9,681.45	15,515.23
Bank Deposit Account - CAF	46,811.34	13.55	46,824.89	35,856.07
Rathbones	825.72		825.72	524.59
	58,069.53	-737.47	57,332.06	51,895.89
Net CurrentAssets	£ 58,069.53	-737.47	57,332.06	51,895.89
Total Assets	£ 58,069.53	759,292.43	817,361.96	806,332.22
Fund Balances	£ 58,069.53	759,292.43	817,361.96	806,332.22

	THE JAMES AND FRIEDA LUND TRUST	THE JAMES AND FRIEDA LUND TRUST
	Income & Tax Summary
	YEAR ENDED 5 APRIL. 2024
	Inveetmente
		Net
Holding	Nominal Date	Dividend
Aberdeen N- Daum Inv Trust	1,750 8-Sep-23	57.75
	24-N-23	47.25
Standard Life)	17,500 30-1uo-23	106.52
Global Index Linked Bond	3.0d-23	112.23
	29-D-23	134.31
	28-Mar-24	101.97
Alliance Tmsi	750 30-1un-23	46.35
2.5p Ordinary Shares	29-Sep-23	47.55
	29-Dec-23	4755
	28-Mar-24	47.55
City of London Inv. Trost	2,500 31-May-23	126.25
25p Ordinary Shares	31-Aug-23	126.25
	30-Nov-23	126.25
	29-Feb-24	126.25
HICL bffinstructure	5,000 30-Jun••23	33.12
O.Olp Ordinary Sh-	30-Jun-23	70.38
	29-Sep-23	100.94
	29-Sep-23	2.06
	29-D-23	57.68
	29-D-23	45.32
	4-Apr-24	42.23
	4-Apr-24	60.77
lsh- plc MSCI	300 29-Jun-23	51.92
Nmth American	28-Sep-23	51.38
	2-Jan-24	52.12
	28-Mar-24	50.33
!shares plc	1.250 13-Apr-23	53.50
FTSE 100 Sheta	29-Jun-23	130.00
	6-0d-23	104.50
	2-Jan-24	75.13
	28-Msr-24	59.38
Janus Henderson Investments	5,268 31-May-23	48.85
Strategic Bond I Inc	31-Aug-23	40.83
	30-Nov-23	48.43
	29-Feb-24	53.73
Lain Debenture Corp.	1,000 13-.4pr-23	8750
5p Ordinary Shares	6-Jul-23	76.25
	26.Od-23	76.25
	25-Jan-24	76.25
4	1,944 15-3uo-23	160.38
Ordinary 25p Shares	14-Sep-23	247.86
	14-Dec-23	184.68
	14-Mm-24	184.68
Polar Capital Fund	1,250 28-Apr-23	129.88
Convertible S lnc.	31-Jul-23	123.38
	31-0d-23	123.00
	2-Feb-24	126.25
Reoeamble Ird manna Grp	8,333 30-Jm-23	149.58
Ordinary Sh-	3-Om-23	149.58
	3-Jan-24	149.58
	3-Apr-24	149.58
Scottish Mortgage Inv. Trost	1,000 4-Apr-23	25.00
Ordinary 25p Shares	15-Dec-23	16.00

			`1.x' menu`
Sequoia Economic Infrastructure		`10,000`	`30-May-23`	`171.88`
NPV Ordinary Shares			`29-Aug-23`	`171.88`
		7,500	28-N-23	128.91
			1-Mee-24	128.91
SPDR Lull		300 29-Jun-23		90.05
USD Aristocrats			26-Sep-23	94.19
			`29-D-23`	`93.^_1`
			26-Mar-24	79.92
Twenty Four Global Funds		65 28-Apr-23		3
Corporate Bond I Dist (GBP)			2-Aug-23	54.82
			`1-Nov-23`	`59.59`
			`2-Feb-24`	`63.67`
When Emerging Markets Ltd		3,250	23-Jun-23	69.88
Ordinary 10p Shares			22-Sep-23	69.88
			I5-D-23	69.88
			28-Mar-24	69.88
Wayslone Fund Services
U tmerlyLink Fund Solos.)		^_.488	`1`5-Mey-23	121.86
Ruffer TotalRemmI Inc			15-Nov-23	91.34
Waystone Fund Services
(f.,-JyLiak Fund SoLu.)		3,992	3-Apr-24	164.11
Trojan S
Worldu4de Healtbcare Trust PLC		235	26-Jul-23	56.40
Ordinary 2.5p Shares		2,350	Il-Jan-24	16.45
`Treasury`
`1/4% Gilt 31/01/2025`		`5,000`	`31-San-24`	6.25
1.25% Index-linked Stock 2027		`4,500 24-Map-23`		`53.09`
			22-Nov-23	54.76
1/8%Indee-linked Stock- 2029		6.500 22-Sep-23		6.41
			22-Mar-24	6.47
5/8% Bonds 2035		6,250 2-Aug-23		1953
			`6-Feb-24`	`19.53`
				6.806.49
		Investments - Cash Deposits
				`Net` `Tax`	`Gross`
Deposit Takers			Date	Interest Deducted	Interest
				f ~
CAF Bank - Gold Account			Jun-23	128.10-		128.10
			Sep-23	262.42		262.42
			`.-23`	`288.25`		`289.25`
			`Mm-24`	`290.05`		`290.05`
CAF Bank-Current Account			Jun-23	7.23		7..23
			Sep _3	4.64		4.64
			Dar23	6.95		6.95
			Mar-24	5.96		5.96
`Rothbones Investment Management`			`Jun-23`	`8.23`		`8.23`
			`Sep-23`	`6.68`		`6.68`
			U_23	9.41		9.41
			`Mar-24`	`15.05`		`15.05`
				£ 1.032.97-	1.032.97
	INVESTMENT INCOME SUMMARY
				`Net` `Tax`	`Gross`
				ff		f
Dividends				6,806.49-		6,806.49
Cash Deposits				1,032.97		1,032.97
				L 7.839.46		7.839.46
`PROPERTY RENTS AND EXPENSES`
					Deficit 2021
			Agent's	Agent's	recouped by
	Gross	Rent	Repairs Commission letting fee Insurance		Agent Net Rent
34 Greenwaye Crescent	11,100.00		9,063 37 1,420.80 549.32				66.51
30 Greenways Crescent	11,700.00		3,711.06 1,497.60-549.32				5.942.02
f	22.800.00 12,774.43 2,918.40 1.098.64						6.008.53

2)Freehold Property
	2024	2024 2024	2023
		££	£
34	Greenways	30 Greenways Total	Total
	Crescent	Crescent
Value at 6 April	280,000	250,000 530,000	530,000
(being December 2021 values)
Value at 5 April	280,000	250,000 530,000	£ 530,000
3)Fixed Asset Investments
		2024	2023
		£	£
Market Value at 6 April		222,470	241,055
Less: Disposals at Opening Market Value		-21,518	-8,838
Add: Acquisitions at Cost		21,147	9,329
		£ 222;099	£ 241.546
Unrealised Gain/(Loss) on revaluation		5,812	-19,076
Market Value at5 April		£ 227,911	£ 222,470
Cost		£ 166,509	£ 158.057

		Opening	Holding 6-Apr-23	Holding 6-Apr-23								Current	flouting S-Apr-24	flouting S-Apr-24
				Market			Acquisitions			Disposals				Market	Revaluation
Description		Nominal	Cost	Value	Date	Event	Nominal	Value	Nominal	Proceeds	PmfiU(Lnss)	Nominal	Cost	Value	Gaird(Lnss)
(Formerly) Aberdeen New Darn Invest. Trust		1,750	4855.96	4743.00	8-Nov-23	Co. resiructurelmerger	-	-3106.53
Ordinary 5p Shares					8-Nov-23	Takeover Cash			1750.00	1521.53	-114.94
(Now) Asia Dragon Trust PLC					8-Nov-23	Co.—nuclurc/mcrger	797.00	3106.53				797.00	3,106.53	2805.00	-301.53
Ordinary 20p Shares
Aberdeen Standard Fund Mgrs		17,500	10,527.03	9,172.00								17,500	10.527.03	8,554.00	-618.00
Global Index Linked Bond
Alliance Trust Pic		750	2,710.27	7,269.00								750	2,710.27	9,195.00	1,927.00
Ordinary 2.5p Shares
City or London Inv Trust		2,500	4,716.43	10,313.00								2,500	4,716.43	10,050.00	-263.00
Ordinary 25p Shares
HICL Infrastructure Co Lid		5,000	8.857.71	7,780.00								5,000	8,857.71	6,250.00	-1,530.00
0.01p Ordinary Sham
Ishares Pic		1,250	4,944 45	9,380.00								1,250	4,944.45	9,654.00	274.00
FTSE 100 Shares
Ishares Pic		300	4,315.34	18.190.00	5-Apr-24	Sale			60	4,491.61	855.61	240	3,453.00	18,274.00	3]30.01)
MSCI North American
Janus Henderson Investments		5,268	7,475.42	5,921.00								5,268	7.475.42	5.563.00	-358.00
Strategic Bond I Inc
Law Debenture Corp.		1,000	3,313.10	7,880.00								1,000	3.313.10	7,870.00	-10.00
5p Ordinary Shares
Murray Income Trust PLC		1,944	10,708.61	16,388.00								1,944	10.708.61	16,038.00	-350.01)
Ordinary 25p Shares
Polar Cap. Fund		1,250	9,120.98	8,388.00								1,250	9,120.98	8,263.00	-125.00
Gbl Convertible S
Polar Cap Technology Trust		525	1,027.14	10,259.00	3-O t-23	{ Sale }			150	3,255.09	323.95	310	606.50	9,285.00	3,227.30
Ordinary 25p Shares					5-Apr-24	( Sale }			65	1,871.85	601.69
Cnrricd Forwar	1		72,572.45	115,672.00				-		11,140.08	1,666.31		69.540.03	111,801.00	5,602.77

		Opening	Holding &Apr-23	Holding &Apr-23								Current	Holding SApr-24	Holding SApr-24
				Market			Acquisitions			Disposals				Market	Revaluation
Description		Nominal	Cost	Value	Dale	Event	Nominal	Value	Nominal	Proceeds	Profit/(Loss)	Nominal	Cost	Value	GAW(Loss)
			A	£				£		£	£		£	£	£
	Brought Fom an		72,572.45	115,672.00				-		11,140.08	1,666.31		69.540.03	111,801.00	5.602.77
Renewables Infrastructure	Group	8,333	9384.20	10,683.00								8,333	9384.20	8,250.00	-2,433.00
Ordinary Shares
Scottish Mortgage Invest.	Trust	1.000	1,190.83	6,426.00								1,000	1.190.83	8,576.00	2.150.00
Ordinary 5p Shams
Sequoia Economic Infrastructure		10,000	10,773.07	8,140.00	3-0.t-23	Sale			2500	2,023.30	-1170	7,500	8,079.80	6,105.00	0.00
NPV Ordinary Shares
SPDR Trust		300	6,568.01	16,320.00	5-Apr-24	Sale			60	3,349.08	85.09	240	5,254.41	13,513.00	45200
S $ P US Dividend Aristocrats
Twentyfour Global Funds		65	6,561.87	5,364.00								65	6,561.87	5,515.00	151.00
Corporate Bond I Dist (GBP)
Ulilico Emerging Markets	Ltd	3.250	4,260.23	6,906.00	5-Apr-24	Sal.			1150	2,467.65	23.99	2,100	2,752.76	4,641.00	178.66
Ordinary Ip Shares (Prey	10p)
wapstone run. bees (uw)pormony t.m.
Fund Solos (cx C.pita Fin.))		2,498	7303.82	9,399.00								2,4R8	7.303.82	8,604.00	-795.00
Roller Total return J Inc
w.ysm . ov es su Jlw er y -nx
Fund Solos (cx Capil. Fin.)) nn		3,992	9,857.83	12,569.00								3,992	9.857.83	12,730.00	161.00
Trojan Olnc
						Jubdr—on to 233U_112p_
Worldwide Healthcare Tmst PLC		235	6,593.55	7,332.00	27-Jul-23	Ordinary shares						2,350	6,593.55	7,755.00	423.00
Ordinary 25p Shares
Treasury
1/4% Gilt Stock 2025					2-Oct-23	Purchase	5,000	4.774.22				5.000	4,774.22	4,829.00	54.78
1.25% Index Linked Stock 2027		4,500	8,713.18	9,060.00								4,500	8.713.18	9.218.00	148.00
1/8% Index Linked Stock 2029		6,500	9,804.80	10,168.00	4-Apr-24	Sale			2750	4,315.53	13.68	3,750	5,656.62	5,969.00	102.85
5/8% Bonds 31/07/2035		6,250	4,472.90	4,431.00	4-Apr-24	Purchase	10,000	6,944.95				16,250	11,417.85	11,138.00	-237.95
1.25% Index Linked Stock 2041					4-Apr-24	Purchase	15,000	9,427.68				15,000	9,427.68	9.277.00	-150.68
	Tota	£	158,056.74	222,470.00			£	21,146.85	£	23,295.64	1,777.36	£	166,508.65	227,911.00	5.812.43