## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Trustees||||| |---|---|---|---|---| |DLde Rothschild||||| |Baroness K||de Koenigswarter||| |RJHowell||||| |Lord Dalmeny||||| |SJL Linnett||||| |LJde Rothschild||||| |M Aspey||||| |Independent|||Examiner|| |JA Burnett||||| |ACA CTA||||| |Martin and|Company|||| |25 St Thomas|||Street|| |Winchester||||| |Hampshire||||| |SO23 9HJ||||| |Bankers||||| |HSBC Bank||Pic||| |17The Marsh||||| |Hythe||||| |Southampton||||| |SO45 6ZB||||| |Investment||Manager||| |Rothschild|Wealth Management|||(UK) Limited| |New Court||||| |St Swithin's||Lane||| |London||||| |EC4N SAL||||| ## ## ## ## ||||31.10.20|31.10.19| |---|---|---|---|---| ||||Unrestricted|Total| ||||funds|funds| |||Notes||| |INCOME AND ENDOWMENTS FROM||||| |investment
income|||182,9$5|240,400| |EXPENDITURE ON||||| |Raising funds|||57,335|31,359| |Charitable
activities||||| |Charitable
Activities|||478,926|405,365| |Governance
costs||||5,016| |Total|||536,261|441,740| |Net gains on investments|||172,292|363,421| |NET INCOME/(EXPENDITURE)|||(I$0,984)|162,081| |RECONCILIATION|OF FUNDS|||| |Total funds brought|forward||9,305,533|9,143,452| |TOTAL FUNDS CARRIED FORWARD|||9,124,549|9,305,533| ## ## |||31.]0.20|31.10.19| |---|---|---|---| |||Unrestricted|Total| |||funds|funds| ||Notes||| |FIXEDASSETS|||| |Tangible assets|9|1,950,000|1,950,000| |investments|10|7,029,082|7,096,852| |||8,979,082|9,046,852| |CURRENT ASSETS|||| |Debtors|||660| |Cash at bank and in hand||164,124|267,425| |||164,124|268,085| |CREDITORS|||| |Amounts
falling due within one year|12|(18,657)|(9,404)| |NET CURRENT ASSETS||145,467|258,681| |TOTAL ASSETSLESSCURRENT|||| |LIABILITIES||9,124,549|9,305,533| |NET ASSETS||9,124,549|9,305,533| |FUNDS|13||| |Unrestricted
funds||9,124,549|9,305,533| |TOTAL, FUNDS||9,124,549|9,305,533| ## ## ## ## ## ## ## ## ## ## ||||||||31.10.20|31.10.19| |---|---|---|---|---|---|---|---|---| |Rents received|||||||21,1SS|23,640| |Investment||portfolio|||||161,797|216,760| ||||||||182,985|240,400| |RAISING||FUNDS||||||| |Investment||management||costs||||| ||||||||31.10.20|31.10.19| ||||||||f|f| |Portfolio|management||fee||||26,303|24,173| |Property|management||fee||||3,239|4,235| |Property|repairs and||ma'intenance||||27,793|2,951| ||||||||57,335|31,359| |CHARITABLE ACTIVITIES COSTS||||||||| ||||||Gent|||| ||||||funding|ot||| ||||||activities||Support|| ||||||(see note||costs (see|| ||||||5)
f.||nom 6)
f|Totals
f| |Charitable||Activities|||470,000||8,926|478,926| ## |5.|GRANTS|PAYABLE|PAYABLE|PAYABLE|||||| |---|---|---|---|---|---|---|---|---|---| |||||||||31.10.20|31.10.19| |||||||||f|| ||Charitable|Activities||||||470,000|400,DDD| ||The total grants|||paid to|institutions|during the year was as follows:|||| |||||||||31.10.20|31.10.19| ||||||||||f| ||Exbury Gardens|||Limited||||470,000|4DD,DDD| |6.|SUPPORT||COSTS||||||| |||||||||Governanr:e|| ||||||||Management|costs|Totals| ||Charitable|Activities|||||5,320|3,606|0,926| ||Support costs, included||||in the above, are as follows:||||| ||Management||||||||| |||||||||31.10.20|31.10.19| |||||||||Charitable|Total| |||||||||Activities|activities| |||||||||f|f| ||Insurance|||||||1,726|1,132| ||Sundries|||||||2,081|1,130| ||Management||fee|||||1,513|3,103| |||||||||5420|5,365| ||Governance||costs||||||| |||||||||31.10.20|31.10.19| |||||||||Charitable|Total| |||||||||Activities|activities| ||Independent||examiner's||fees|||4,326|3,576| ||Legal fees|||||||(720)|1,440| |||||||||3,606|5,016| ## ## ## ## ## |||Freehold| |---|---|---| |||property| |COST||| |At|I November 2019and 31 October 2020|1,950,000| |NET BOOK VALUE||| |At|31 October 2020|1,950,000| |At|31 October 2019|1,950,000| ## |FIXEDASSET INVESTMENTS|||| |---|---|---|---| ||Listed|Unlisted|| ||investments|investments|Totals| ||6||| |MARKET VALUE|||| |At
1 November 2019|7,093,171|3,681|7,096,852| |Additions|1,425,114||1,425,114| |Disposals|(1,560,429)||(1,560,429)| |Revaluations|67,545||67,545| |At 31 October 2020|7,025,401|3,681|7,029,082| |NET BOOK VALUE|||| |At 31 October 2020|7,025,401|3,681|7,029,082| |At 31 October 2019|7,093,171|3,681|7,096,852| ## ## ## |11.|DEBTORS:|AMOUNTS FALLING DUE|AMOUNTS FALLING DUE|AMOUNTS FALLING DUE|AMOUNTS FALLING DUE|AMOUNTS FALLING DUE|WITHIN ONE YEAR|WITHIN ONE YEAR|||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||31.10.20|31.10.19| ||Prepayments|and accrued income|||||||||660| |12.|CREDITORS& AMOUNTS||||FALLING DUE WITHIN ONE YEAR||||||| |||||||||||31.10.20|31.10.19| ||Trade creditors|||||||||14,250|2,407| ||Other creditors|||||||||1,407|3,997| ||Accruals and|deferred||income||||||3,000|3,000| |||||||||||18,657|9,404| |13.|MOVEMENT||IN FUNDS||||||||| |||||||||||Net|| ||||||||||At|movement|At| ||||||||||1.11.19|in funds|31.10.20| ||Unrestricted|funds|||||||||| ||General
fund|||||||9,305,533||(180,984)|9,124,549| ||TOTAL FUNDS|||||||9,305,533||(180,984)|9,124,549| ||Net movement||in funds, included|||in the above are as follows:|||||| ||||||||Incoming|Resources||Gains and|Movement| ||||||||resources|expended||losses|in funds| ||Unrestricted|funds|||||||||| ||General
fund||||||182,985|(536,261)||172&292|(180,984)| ||TOTAL FUNDS||||||182&985|(536461)||172,292|(180,984)| ||Comparatives||for movement||in|funds|||||| |||||||||||Net|| ||||||||||At|movement|At| ||||||||||1.11.18|in funds|31.10.19| ||Unrestricted|funds|||||||||| ||General
fund|||||||9,143,452||162,081|9,305,533| ||TOTAL FUNDS|||||||9,143,452||162,081|9,305,533| ## ## ||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| ||||resources|expended|losses|in funds| |Unrestricted||funds||||| |General|fund||240,400|(441,740)|363,421|162,081| |TOTAL|FUNDS||240,400|(441,740)|363,421|162,081| ## ## ## ||||||31.10.20|31.10.19| |---|---|---|---|---|---|---| |INCOME AND ENDOWMENTS||||||| |Investment
income||||||| |Rents received|||||21,188|23,640| |Investment
portfolio|||||161,797|216,760| ||||||182,985|240,400| |Total incoming
resources|||||182,985|240,400| |EXPENDITURE||||||| |Investment
management|||costs|||| |Portfolio management|fee||||26,303|24,173| |Property
management|fee||||3,239|4,235| |Property
repairs and maintenance|||||27,793|2,951| ||||||57,335|31,359| |Charitable
activities||||||| |Exbury Gardens Limited|||||470,000|400,000| |Support costs||||||| |Management||||||| |Insurance|||||1,726|1,132| |Sundries|||||2,081|1,130| |Manageinent
fee|||||1,513|3,103| ||||||5,320|5,365| |Governance
costs||||||| |Independent
examiner's||fees|||4,326|3,576| |Legal fees|||||(720)|1,440| ||||||3,606|5,016| |Total resources expended|||||536,261|441,740| |Net expenditure
before gains and losses|||||(353,276)|(201,340)| |Realised recognised|gains||and losses|||| |Net realised and unrealised|||gains/(losses)|on||| |fixed asset investments|||||205,252|363,078| |Foreign exchange gain/(loss)|||||(32,960)|343| |Net (expenditure)/income|||||(180,984)|162,081|