2021-12-31-accounts

THE BLANDFORD TRUST

Annual Review

Year to 31[st] December 2021

SUMMARY

In overall terms, the year has been one of Consolidation in Investment terms whilst maintaining the planned level of Benefactions.

Our portfolio is constantly monitored, the Brokers have clear instructions as to our attitude to risk. We are in a suitably defensive position in respect of the level of our income and we should be able to weather any significant falls in the Market as and when they occur.

INVESTMENTS

The Brokers have monitored the Market and during the year and taking advantage of the rise in the Market have crystallized gains of £25,817

Our portfolio which was valued on 31[st] December 2021 at £761k…………which reflects the post Covid recovery of the Market.

INCOME

Our income fell from £31k in 2020 to £28k in 2021 . The running yield is projected as being about £29k which is in line with our instructions.

BENEFACTIONS

In 2021 our Benefactions amounted to £25k………which sum, with our Trustee’s expenses, meant that in overall terms, our income just exceeded our grant giving for the year as was planned. Our underlying level of capital is considered acceptable and in line with our philosophy.

BLANDFORD UST ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

BLANDFORD TRUST INCOME AND EXPENDITURE ACCOiINT FOR TRK YEAR E14DED 31 DECEMBER 2021 2021 INCOME JDcome from Jnvestments 27,728 30.985 Trust ExpEnses 2.05• 1.824 BENEFACTIONS DEMAND Herts Young Homeless Herts kn¢lvsive Theatr¢ Asyects Grnve Cottagc The thunselling Foundation Herts Community Foundation {Admin) St Albans CAB Business Educ￿10n Events ForeveT Support Young Peopk Strenyh ill Mind Transttiolls UK The Gificd North￿1$ Community Foundation 250 2,0(X) 5.OIK> 5,O¢KJ 5,000 500 500 Iwjo 5.0 181M) 15011 5,OlJO 4.921 (W 27321 2,5 2500 35 SURPLUS FOR THE YEAR (202041efielt) 207 (4,339) ALAfqcE BROUGHT FORWARD 151255 151 151255 ITAL luce Brongbt Forward 487.417 S25,￿8 Profit1￿)59 on Sal¢ Of Investments 25,817 (37,591) BAlance Carr5ed ForwArd 513 487 417 Weapprovedtheseaecountson...................................2022 Signed OD behalf of the Trus1eu.................. Trust¢¢ ..TnJ#ce

BLANDFORD TRUST ENDED ECEMBE 2020 INVESTMENTS (lee i¢lwduk) 650,832 625,438 CURRENT ASSETS Cash at EFG Harris Allday Cash at Bank Accrued Inttrtsl and Dividends Receivable 5,138 7,419 1.682 4.715 7.998 861 Less: CURRENT LIABIL￿lEs SuDdry Creditors 37S 13 340 13234 NET ASSETS 064,696 638 672 RePre￿￿ted By: CAPITAL ACCOUNT 51S234 487.417 INCOME ACCOUNT 151 638 672

INDEPENDENf EXAMINERS REPORT TO THE TRUSTEES OF THE BLANDFORD TRUST I have cxamincd the fthancial statements of Ibe Blandford Trust for the ye4r ended 31 December 2021 whidj comprise statement of income and expenditure acc4)unt alld balaDCe she&. ve R¢s On￿?111t1¢S of Trnste¢s and Exaniner Th¢ charity's trustees aye responsiblc for the preparation of the a¢¢ounts. The charity's consider that an ￿dit is ot requiied for this year under s￿l0n 144 of the CbarAti¢s Act 2011 (the chariti￿ Act) aDd t]￿t an indepffld¢Dt ¢xamitlioll is need￿. It is my r¢spon&bility to." a) examine the accounts under section 145 of the Charities A¢t. b) to follow the procedures laid down in the G¢neral Dir¢¢tiong given by th¢ Charity CoMmi￿10n {und¢r ￿110￿ 145(SXb) of the Charities A¢L and ¢) to state whetherparticul&rmatters hav¢ come to my attcntio Basis of tndc dent Examiners, Re rt My examination was carri&l out in ￿e0rdance with General Dfftreetions given by the Charity Commission. An examination tncludes a Teview ofthe accounting records kept by thE charity and a compaTison of th¢ accounts presented with those recordL It a]50 in¢lude5 consideration of any unusual items or disc1ts5ur￿ in the a¢¢ounts, and seeking explanations frorn the trnst¢¢s concerning any such matters. The procedur¢s undertaken do not provide all thc ¢vidence that would be rcquired in an audiL and consequently, no opinion is given as to whether the aceounts present a 'true and fair view, aDd the report is limited to th¢s¢ matlers set out in the statement bclow. JTtde dent Examinets. Statement In connection witb rny examiajation. no matter has ¢omc to my attenti¢m: l) which gives me reth)nabl¢ Cause to believe tbat in, a4y rnat¢ria] respx the trustees have not met the requir¢ments to ¢nsure that. a) proper accounting recor4Js are kept ID accordancc with seetion 130 of the Charities Act,. altd b) accounts are prepar&1 whieh agrcc with the accounting records and comply with thc a￿0￿￿tin8 r¢qiiirem¢nts of the Ch￿ltieS A¢t,' or 2) to which, in my opinion, attention should be thawn in order to enable a proper underst2Dding of thc accounts to be reachcd. 84rah J V'flliam$ FCA WAITES BLACKWELL BAILEY & CO LTD ered A nt Lynch Farn) The Lynch Kenswonh LU6 3QZ

RD TRUS a05ing Crnt 31st Decemlxr 2021 a0￿￿valUe 31st December 2021 Mlddlefield Canadian Inc G8P P Ta￿et F￿althrIre REIT GBP 0.01 Glaxosmlth Kllne PLCGBP 025 Taylor Mèrltime JP ￿gan aaverhouse Inv GBP 0.25 Digital 9 Infrdstructure RuFfer Inv Co Ltd Red PTG Pref SHS Tritax Eurbox Trltax Bia Box REIT PLC GBP 0.01 Dunedin Inc Growth INV TST GBP 0.25 RM Inrnstrurture SDCL Energy Effidency Ine Trnst Gore Street EneT8V Primary Health Props GBPO.125 BBGI Global Infrastructure S A GBO Greencote Wlnd BB Healthore Trust PLC 39￿￿4.75 15,365.75 20.465.87 30.270.ty) 44,846.IXI 25.25730 51118.84 42,501.50 23,93835 57,517.46 2494958 62,S4&12 30.871.50 51.316.98 I9.5￿.78 34.017.24 6Lnl.75 47,IlXI 17,71JO 20,083 43,221 .000 1.250 42.511 25.L 28,450 67.390 49.800 65.200 28.5(KJ 68,541 35.4( 52.99) 30.730 35.150 70350 20.000 58,333 35,IXK) 17,5 25,(J)O 35,IlXI 650￿.17 761,445

BLANDFORD UST ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

BLANDFORD TRUST INCOME AND EXPENDITURE ACCOiINT FOR TRK YEAR E14DED 31 DECEMBER 2021 2021 INCOME JDcome from Jnvestments 27,728 30.985 Trust ExpEnses 2.05• 1.824 BENEFACTIONS DEMAND Herts Young Homeless Herts kn¢lvsive Theatr¢ Asyects Grnve Cottagc The thunselling Foundation Herts Community Foundation {Admin) St Albans CAB Business Educ￿10n Events ForeveT Support Young Peopk Strenyh ill Mind Transttiolls UK The Gificd North￿1$ Community Foundation 250 2,0(X) 5.OIK> 5,O¢KJ 5,000 500 500 Iwjo 5.0 181M) 15011 5,OlJO 4.921 (W 27321 2,5 2500 35 SURPLUS FOR THE YEAR (202041efielt) 207 (4,339) ALAfqcE BROUGHT FORWARD 151255 151 151255 ITAL luce Brongbt Forward 487.417 S25,￿8 Profit1￿)59 on Sal¢ Of Investments 25,817 (37,591) BAlance Carr5ed ForwArd 513 487 417 Weapprovedtheseaecountson...................................2022 Signed OD behalf of the Trus1eu.................. Trust¢¢ ..TnJ#ce

BLANDFORD TRUST ENDED ECEMBE 2020 INVESTMENTS (lee i¢lwduk) 650,832 625,438 CURRENT ASSETS Cash at EFG Harris Allday Cash at Bank Accrued Inttrtsl and Dividends Receivable 5,138 7,419 1.682 4.715 7.998 861 Less: CURRENT LIABIL￿lEs SuDdry Creditors 37S 13 340 13234 NET ASSETS 064,696 638 672 RePre￿￿ted By: CAPITAL ACCOUNT 51S234 487.417 INCOME ACCOUNT 151 638 672

INDEPENDENf EXAMINERS REPORT TO THE TRUSTEES OF THE BLANDFORD TRUST I have cxamincd the fthancial statements of Ibe Blandford Trust for the ye4r ended 31 December 2021 whidj comprise statement of income and expenditure acc4)unt alld balaDCe she&. ve R¢s On￿?111t1¢S of Trnste¢s and Exaniner Th¢ charity's trustees aye responsiblc for the preparation of the a¢¢ounts. The charity's consider that an ￿dit is ot requiied for this year under s￿l0n 144 of the CbarAti¢s Act 2011 (the chariti￿ Act) aDd t]￿t an indepffld¢Dt ¢xamitlioll is need￿. It is my r¢spon&bility to." a) examine the accounts under section 145 of the Charities A¢t. b) to follow the procedures laid down in the G¢neral Dir¢¢tiong given by th¢ Charity CoMmi￿10n {und¢r ￿110￿ 145(SXb) of the Charities A¢L and ¢) to state whetherparticul&rmatters hav¢ come to my attcntio Basis of tndc dent Examiners, Re rt My examination was carri&l out in ￿e0rdance with General Dfftreetions given by the Charity Commission. An examination tncludes a Teview ofthe accounting records kept by thE charity and a compaTison of th¢ accounts presented with those recordL It a]50 in¢lude5 consideration of any unusual items or disc1ts5ur￿ in the a¢¢ounts, and seeking explanations frorn the trnst¢¢s concerning any such matters. The procedur¢s undertaken do not provide all thc ¢vidence that would be rcquired in an audiL and consequently, no opinion is given as to whether the aceounts present a 'true and fair view, aDd the report is limited to th¢s¢ matlers set out in the statement bclow. JTtde dent Examinets. Statement In connection witb rny examiajation. no matter has ¢omc to my attenti¢m: l) which gives me reth)nabl¢ Cause to believe tbat in, a4y rnat¢ria] respx the trustees have not met the requir¢ments to ¢nsure that. a) proper accounting recor4Js are kept ID accordancc with seetion 130 of the Charities Act,. altd b) accounts are prepar&1 whieh agrcc with the accounting records and comply with thc a￿0￿￿tin8 r¢qiiirem¢nts of the Ch￿ltieS A¢t,' or 2) to which, in my opinion, attention should be thawn in order to enable a proper underst2Dding of thc accounts to be reachcd. 84rah J V'flliam$ FCA WAITES BLACKWELL BAILEY & CO LTD ered A nt Lynch Farn) The Lynch Kenswonh LU6 3QZ

RD TRUS a05ing Crnt 31st Decemlxr 2021 a0￿￿valUe 31st December 2021 Mlddlefield Canadian Inc G8P P Ta￿et F￿althrIre REIT GBP 0.01 Glaxosmlth Kllne PLCGBP 025 Taylor Mèrltime JP ￿gan aaverhouse Inv GBP 0.25 Digital 9 Infrdstructure RuFfer Inv Co Ltd Red PTG Pref SHS Tritax Eurbox Trltax Bia Box REIT PLC GBP 0.01 Dunedin Inc Growth INV TST GBP 0.25 RM Inrnstrurture SDCL Energy Effidency Ine Trnst Gore Street EneT8V Primary Health Props GBPO.125 BBGI Global Infrastructure S A GBO Greencote Wlnd BB Healthore Trust PLC 39￿￿4.75 15,365.75 20.465.87 30.270.ty) 44,846.IXI 25.25730 51118.84 42,501.50 23,93835 57,517.46 2494958 62,S4&12 30.871.50 51.316.98 I9.5￿.78 34.017.24 6Lnl.75 47,IlXI 17,71JO 20,083 43,221 .000 1.250 42.511 25.L 28,450 67.390 49.800 65.200 28.5(KJ 68,541 35.4( 52.99) 30.730 35.150 70350 20.000 58,333 35,IXK) 17,5 25,(J)O 35,IlXI 650￿.17 761,445