| Contents | Page | ||
|---|---|---|---|
| Auditor's report |
|||
| Reference and administrative | details | ||
| Trustees' Report |
5-7 | ||
| Balance sheet | |||
| Statement of Financial |
Activities | ||
| Investments | 10-11 | ||
| Investment Changes |
12 | ||
| Notes to the Accounts | 13-14 |
| 309997 | |||
|---|---|---|---|
| c/o Hunters Law LLP |
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| 9 New Square | |||
| Lincoln's Inn |
|||
| London | |||
| WC2A 3QN | |||
| Mrs J Nyiri, CQSW(Chair) | |||
| Mr W Brandon, | MA | ||
| Dr P Brandon, | MRCGP | ||
| Mr J C Vernor-Miles | |||
| Mr I Hippisley |
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| Mr D P Orr | |||
| Mr W E Vernor-Miles | |||
| Miss EJ Brandon | |||
| CAF Bank Ltd | |||
| 25 Kings Hill Avenue, |
|||
| Kings Hill |
|||
| West Mailing | |||
| Kent | |||
| ME194JQ | |||
| Hunters Law LLP |
|||
| 9 New Square | |||
| Lincoln's Inn |
|||
| London | |||
| WC2A 3QN | |||
| Raymond James Investment |
Services Limited | ||
| 1 King William | Street | ||
| London | |||
| EC4N 7AF | |||
| Burgess Hodgson | LLP | ||
| 27 New Dover | Road | ||
| Canterbury | |||
| Kent | |||
| CT1 3DN |
| 2021/22 | 2020/21 |
|---|---|
| E | E |
| 8,906,638.48 | 9,618,845.80 |
| represented by:- |
|||
|---|---|---|---|
| FIXEDASSETS | |||
| INVESTMENTS at Market | Value | 8,438,380.19 | 9,092,509.44 |
| CURRENT ASSETS | |||
| CASH | |||
| CAF Bank | 27,339.92 | 28,915.38 | |
| Raymond James account |
449,347.77 | 504,939.74 | |
| CREDITORS - Amounts Hunters |
falling due within one year | -5,489.40 | -4,737.00 |
| Burgess Hodgson | -2,940.00 | -2,781.76 | |
| 8,906,638.48 | 9,618,845.80 |
| 2021/22 | 2020/21 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||||
| Funds | Funds | ||||||
| INCOMING RESOURCES |
f | f | |||||
| Investment Income |
|||||||
| Fixed Interest (gross) UK Dividends |
59,004.66 127,215.10 |
53,667.31 103,886.40 |
|||||
| Overseas Dividends |
65,018.44 | 58,960.78 | |||||
| Bank deposit interest | 2.32 | 0.00 | |||||
| 251,240.52 | 216,514.49 | ||||||
| RESOURCES EXPENDED | |||||||
| Charitable Ex enditure |
|||||||
| Educational Grants |
251,447.00 | 260,000.00 | |||||
| Other Charitable Grants |
67,000.00 | 70,000.00 | |||||
| 318,447.00 | 330,000.00 | ||||||
| Mana ement and Administration |
Costs | ||||||
| Hunters accountancy and administration fees year to 30/6/21 Burgess Hodgson audit fee for accounts to 30/6/20 Burgess Hodgson audit fee for accounts to 30/6/21 Burgess Hodgson provision for examination fees Less over provision for audit fees in 2020/21 accounts Secretarial service cost —Gloria Taviner |
14,575.80 0.00 0.00 2,940.00 -1,818.17 3,021.78 |
13,077.00 21.76 2,781.76 0.00 0.00 3,026.25 |
|||||
| Raymond James management Bank charges |
fees | 32 077.32 109.50 |
29,919.10 92.50 |
||||
| 369,353.23 | 378,918.37 | ||||||
| THERE ARE NO PUBLICITY OR FUND-RAISING | EXPENSES | ||||||
| Net Incoming/Outgoing resources |
in | the | year | -118,112.71 | -162,403.88 | ||
| GAINS/LOSSES ON INVESTMENTS |
|||||||
| Realised | -33,427.17 | 21,897.73 | |||||
| Unrealised | -560,667.44 | 1,145,865.27 | |||||
| BALANCE BROUGHT FORWARD | 9,618,845.80 | 8,613,486.68 | |||||
| BALANCE CARRIED FORWARD | 8,906,638.48 | 9,618,845.80 |
| panies cont'd |
||||
|---|---|---|---|---|
| Carried forward | 28,299.12 | 5,753,225.87 | 6,193,051.95 | |
| LVMH Moet Hennessy SE60.30 Meta Platforms Com "A" |
2,497.31 0.00 |
201,093.27 79,617.18 |
227,933.73 151,058.95 |
|
| Microsoft Corp Com US$0.00000625 Paypal Holdings Com Pepsico Inc Cap USE0.016666 inc Com USD 0.00001 CL |
4,645.41 0.00 0.00 0.00 |
634,049.00 114,944.99 75,431.00 26,899.50 |
588,448.25 422,101.38 0.00 102,896.99 |
|
| Pernod Ricard 61.55 |
3,267.43 | 255,515.86 | 273,373.25 | |
| Procter &Gamble Com NPV | 5,831.61 | 307,650.66 | 254,015.31 | |
| Roche Holdings AG CHF1 Royal Bank ofCanada Com NPV Thermo Fisher Scientific Com USD1 |
5,399.48 6,016.13 201.19 |
351,717.20 238,682.50 134,122.24 |
326,667.45 220,249.61 109,580.84 |
|
| Verizon Communications Com US$0.10 |
8,860.76 | 229,696.59 | 223,131.73 | |
| Walt Disney Com US$0.01 | 0.00 | 35,734.33 | 0.00 | |
| 65,018.44 | 8,438,380.19 | 9,092,509.44 | ||
| Market Value at 30/6/2021 of investments | sold | -484,585.23 | ||
| Cost of investments purchased |
391,123.42 | |||
| Adjusted market value Market Value at 30/6/2022 |
8,999,047.63 8,438,380.19 |
|||
| UNREALISED LOSS to 30/6/2022 | -560,667.44 |
| ACQUISITIONS | Cost | ||||
|---|---|---|---|---|---|
| 17/03/2022 | 220.00 | L'Oreal Ord. E0.20 | 67,485.07 | ||
| 17/03/2022 17/03/2022 |
550.00 15,000.00 |
Pepsico Inc Cap USE0.016666 Pimco Global Real Return Fund |
67,779.74 154,386.00 |
||
| 29/03/2022 29/03/2022 |
460.00 230.00 |
Walt Disney Com US$0.01 Estee Lauder Com US$0.01 |
50,857.48 50,615.13 |
||
| 391,123.42 | |||||
| Sale | MY@30th | ||||
| DISPOSALS | Proceeds | June 2021 | Gain/loss | ||
| 28/09/2021 | 410.00 | Jackson Financial Com US$0.01 * |
8,079.27 | 8,079.27 | |
| 17/03/2022 17/03/2022 29/03/2022 22/04/2022 |
2,500.00 1,300.00 2,500.00 160.00 |
Rio Tinto Ord 10p Apple inc Com NPV Rio Tinto Ord 10p Embecta Corp Com US$0.01 ** |
138,301.50 154,578.90 146,614.78 3,583.61 |
148,725.00 175,472.35 148,725.00 3,583.61 |
(10,423.50) (20,893.45) (2,110.22) |
| 451,158.06 | 484,585.23 | 33,427.17 |