2022-12-31-accounts

The Blandford Trust

Annual Report 31[st] January 2023

Current Liquidity

Our current position is as follows:-	£6,159
Current Account at 31stDecember 2022	£6,159

Treasures Report to the Trustees

Following our ongoing decisions to distribute rather less than we receive ( so as too build capital whilst having a “spare “ pot should a worthwhile local need arise ) there have some changes and further additions to the overall portfolio. It is important to understand that none of these changes have altered our overall attitude to risk.

The valuation of our Investments at 31[st] December 2022 indicates a combined value of £611,826k ( against a cost of £642,667k ) which, given the destabilising effect of Brexit , Covid and the War in Ukraine vote, is satisfactory………not to say a relief……..and appears to justify our conservative and balanced investment approach.

Unless we, as a Board of Trustees, choose to alter our approach, our basic requirement and attitude to risk remains unchanged. Essentially, this is a desire to protect our Capital and maintain or improve our level of Income thus enabling us to maintain our pattern of giving .

Grant Giving.

Our Grants this year have amounted to £32,594. This sum was marginally in excess of our income for the year (£31,635 ) but enabled us to retain some surplus cash .

MWW

January 2023

BLANDFORD TRUST ACCOUNTS FOR THI YEAR EIYDED 31DE EMBER 2022

LANDFORD RUST IP4COME AND EXPENDITURE ACCOiINT FOR THE YEAR ENDED I DFLEMBER 2022 2022 COME Ill￿￿¢ from Inveskn¢nts I￿￿reSt Re¢¢ived 31J52 27.728 EXPEL¥DITURE TDtst Extnses 2,100 2.050 BENEFACTIONS H¢rts Community FouDdation (A4Jmin) St Albans CAB Business E4kn¢ation Events Forever Support Young People Stren8th in Mind Transitions UK (rebJrned) The Gifted Northants Community Foundation Herts In¢lusive Theatrc Youthtalk LeAnn&8 Wish Go Set TenrJi5 Po￿1 IN Walkihe Walk Crui8e BereaVen￿lt 500 2,(KJO 5,000 2,800 2,500 (5,f144) 2,501J 2.500 4,921 2,500 250 10,000 s.[￿0 4,&78 4J60 5.0110 DEFICIT FOR THE YEAR (959) 207 BALANCE BROUGHT FORWARD 151,255 BALANCE CARRIED FORWARD 150 151.462 CAPITAL ACCOUNT Biknnce Brought FonNrd 511234 487.417 ProfitlLos8 on Sle off IDvesthaeDts 26829 25,817 B4latt¢e C•rrled Forward S39,663 513,234 W¢approvediheseaccountson..................................2023 Signedonb¢halfoftheTn￿........................................Tr￿￿ltt Tn￿te¢

BLANDFORD TRUST EYKARE DED31D EMBER 2 2021 INVESTMEwfs (tte s¢hedule) 642,668 650,832 CURRENT ASSETS Cash Al EFG Hanis Allday. Cash at Bank Acuued Interest and Dtyidtnds Receivable 39,814 0,159 1,925 47.898 5.138 7,419 Lesj: CURRENT LIABILITIES Sundry Cr¢diiOiS 400 47 98 375 NET ASSETS 664 696 Repr¢sentsd By". CAPITAL AccouNr 539,663 513234 INCOME ACCOUNT I511￿03 151,462 664.696

INDEPENDENT EXAMINE ORT TO THE TRUSTEES OF THE BLANDFORD TRUST I have examined the financial statements of the Blandford Trust for th¢ yur ended 31 December 2022 wbi¢h ￿MpriSe ststemellt of income and expeDditUT¢ account a￿1 balance sheeL Res tive Res sibilities of Trustees and Examin¢r The charitys tNstec8 are responsible for the PT¢POration of the ￿COUnts. Th¢ ch￿Tty'S tsusttes ¢onsider that audit is not requircd foT this year urtdcT section 144 of the Charities Act 2011 {th¢ Charities Acl) and that )Nd¢p￿dent examination is oeeded. It is my responsibility to.. a} ¢x8mxtte the accounts undeT SKtion 145 of the Charities ACL b) to follow the prOctth￿es laid down ith the Genero1 Ditrections given by the Ch8riry Comtnission {und¢r sects.on 145(5)(b) of the Charities Act. atsd ) to slatc wbeth¢r parti¢ulAT rnatter8 have come to my altention. Basis of Jnde deni Examiners. Re Myexamination was Carried out in iccordance with Gen¢ral DirectKOn5 given bythe Charity Coromission. An examination include5 a revi¢w of the a￿OUnting reeords kept by the charity and a ¢omparison of the acCo￿lS prcsent¢d with those rttords. It also ij)¢ludes coDsid¢ration tsf any unusual items or disclosures in the acwunts, and sceking explanation$ from the trust¢escon¢erning anysu¢h matters. Th¢proceduTesuodertsken do notprovide all the evid¢nc¢ thatwould bc required in an wdit, and ¢oJsequelltly, no opinion is yven as to whether th¢ ￿coUnts Present a 'tm¢ and fair view, and the report 18 limited to those matters set out in the statement below. Inde dent ExaD)in¢rs' Siatejnent In coJJnection with my exarnination, no matt¢T has ¢oJne to niy #ttention; l) which giv¢sme reayonablecause to believ¢ that in, anymat¢rial respect. the truste¢8 havenot mettherequir¢ments 10 ¢nswe thai,. a) proper occountiajg rtcords arc kcpt in accordance with sedion 130 of the Charities Act. and b) ac¢ounts are prepared which agree with thc accounting records alld cornply with th¢ accounting requtrements of the Charities A¢i' 2) to which, in my opinion, atrention should be dtAWtt iti order to enablc a proper ￿￿erStanding of thiaccount5 to be rea¢hed. WillI￿n THWAITLS BLACKWELL BAILEY & CO LTD Cbartered Ateowitants Lynch Farjn The Lynch Kcnsworth LU6 3QZ

BLANDFORD TRU BALANCE SHEEf SCHEDULE OF INVEsfMENTS Closing cost 3111212022 Closlng Value 3U1212021 INVESTMEKrs Middlefield Canadian Inc GBP PCC Taylor Maritime JP morgan Claverhou5e Inv GBP 0.25 Digial 9 Infrastructure VH G8L Sustainable Energy Trltax Eurbox Trltax Big Box REIT PLC GBP 0.01 Dunedin Inc Growth INV TSTGBP 0.25 RTM Secured Dlrect SDCL Energy Efflciency Int Trust Gore Street Energy Prlmary Health Props GBP 0.125 Twentyfour Income Fund BBGI Global Infrac5tuttures SA GBO Greencote Wind LE Ruffer UK Treasury 5% 25CK)O 25,824.63 £ 31.250.23 £ 44.846.00 £ 52,169.13 E 26,046.IX) £ 42,501.50 £ 27.699.34 £ 28.934.58 £ 28,949.58 £ 28,520.00 £ 30,871.50 £ 42,970.87 £ 26.146.(Kl £ 29.580.78 £ 28,393.68 £ 77,181.65 £ 70,782.30 29,688 36,OCKJ 49,000 43.200 25,250 24,560 27,720 29,200 25,5CK) 24.125 33,300 33,240 24,7(Ki 27,405 26,6iJ) 80.295 72,043 25￿0 40000 20CM)O 10000 300c￿l 25000 3LKJOO 300(X) 17500 17500 750CK) £ 642,667.77 611.826

BLANDFORD TRUST ACCOUNTS FOR THI YEAR EIYDED 31DE EMBER 2022

LANDFORD RUST IP4COME AND EXPENDITURE ACCOiINT FOR THE YEAR ENDED I DFLEMBER 2022 2022 COME Ill￿￿¢ from Inveskn¢nts I￿￿reSt Re¢¢ived 31J52 27.728 EXPEL¥DITURE TDtst Extnses 2,100 2.050 BENEFACTIONS H¢rts Community FouDdation (A4Jmin) St Albans CAB Business E4kn¢ation Events Forever Support Young People Stren8th in Mind Transitions UK (rebJrned) The Gifted Northants Community Foundation Herts In¢lusive Theatrc Youthtalk LeAnn&8 Wish Go Set TenrJi5 Po￿1 IN Walkihe Walk Crui8e BereaVen￿lt 500 2,(KJO 5,000 2,800 2,500 (5,f144) 2,501J 2.500 4,921 2,500 250 10,000 s.[￿0 4,&78 4J60 5.0110 DEFICIT FOR THE YEAR (959) 207 BALANCE BROUGHT FORWARD 151,255 BALANCE CARRIED FORWARD 150 151.462 CAPITAL ACCOUNT Biknnce Brought FonNrd 511234 487.417 ProfitlLos8 on Sle off IDvesthaeDts 26829 25,817 B4latt¢e C•rrled Forward S39,663 513,234 W¢approvediheseaccountson..................................2023 Signedonb¢halfoftheTn￿........................................Tr￿￿ltt Tn￿te¢

BLANDFORD TRUST EYKARE DED31D EMBER 2 2021 INVESTMEwfs (tte s¢hedule) 642,668 650,832 CURRENT ASSETS Cash Al EFG Hanis Allday. Cash at Bank Acuued Interest and Dtyidtnds Receivable 39,814 0,159 1,925 47.898 5.138 7,419 Lesj: CURRENT LIABILITIES Sundry Cr¢diiOiS 400 47 98 375 NET ASSETS 664 696 Repr¢sentsd By". CAPITAL AccouNr 539,663 513234 INCOME ACCOUNT I511￿03 151,462 664.696

INDEPENDENT EXAMINE ORT TO THE TRUSTEES OF THE BLANDFORD TRUST I have examined the financial statements of the Blandford Trust for th¢ yur ended 31 December 2022 wbi¢h ￿MpriSe ststemellt of income and expeDditUT¢ account a￿1 balance sheeL Res tive Res sibilities of Trustees and Examin¢r The charitys tNstec8 are responsible for the PT¢POration of the ￿COUnts. Th¢ ch￿Tty'S tsusttes ¢onsider that audit is not requircd foT this year urtdcT section 144 of the Charities Act 2011 {th¢ Charities Acl) and that )Nd¢p￿dent examination is oeeded. It is my responsibility to.. a} ¢x8mxtte the accounts undeT SKtion 145 of the Charities ACL b) to follow the prOctth￿es laid down ith the Genero1 Ditrections given by the Ch8riry Comtnission {und¢r sects.on 145(5)(b) of the Charities Act. atsd ) to slatc wbeth¢r parti¢ulAT rnatter8 have come to my altention. Basis of Jnde deni Examiners. Re Myexamination was Carried out in iccordance with Gen¢ral DirectKOn5 given bythe Charity Coromission. An examination include5 a revi¢w of the a￿OUnting reeords kept by the charity and a ¢omparison of the acCo￿lS prcsent¢d with those rttords. It also ij)¢ludes coDsid¢ration tsf any unusual items or disclosures in the acwunts, and sceking explanation$ from the trust¢escon¢erning anysu¢h matters. Th¢proceduTesuodertsken do notprovide all the evid¢nc¢ thatwould bc required in an wdit, and ¢oJsequelltly, no opinion is yven as to whether th¢ ￿coUnts Present a 'tm¢ and fair view, and the report 18 limited to those matters set out in the statement below. Inde dent ExaD)in¢rs' Siatejnent In coJJnection with my exarnination, no matt¢T has ¢oJne to niy #ttention; l) which giv¢sme reayonablecause to believ¢ that in, anymat¢rial respect. the truste¢8 havenot mettherequir¢ments 10 ¢nswe thai,. a) proper occountiajg rtcords arc kcpt in accordance with sedion 130 of the Charities Act. and b) ac¢ounts are prepared which agree with thc accounting records alld cornply with th¢ accounting requtrements of the Charities A¢i' 2) to which, in my opinion, atrention should be dtAWtt iti order to enablc a proper ￿￿erStanding of thiaccount5 to be rea¢hed. WillI￿n THWAITLS BLACKWELL BAILEY & CO LTD Cbartered Ateowitants Lynch Farjn The Lynch Kcnsworth LU6 3QZ

BLANDFORD TRU BALANCE SHEEf SCHEDULE OF INVEsfMENTS Closing cost 3111212022 Closlng Value 3U1212021 INVESTMEKrs Middlefield Canadian Inc GBP PCC Taylor Maritime JP morgan Claverhou5e Inv GBP 0.25 Digial 9 Infrastructure VH G8L Sustainable Energy Trltax Eurbox Trltax Big Box REIT PLC GBP 0.01 Dunedin Inc Growth INV TSTGBP 0.25 RTM Secured Dlrect SDCL Energy Efflciency Int Trust Gore Street Energy Prlmary Health Props GBP 0.125 Twentyfour Income Fund BBGI Global Infrac5tuttures SA GBO Greencote Wind LE Ruffer UK Treasury 5% 25CK)O 25,824.63 £ 31.250.23 £ 44.846.00 £ 52,169.13 E 26,046.IX) £ 42,501.50 £ 27.699.34 £ 28.934.58 £ 28,949.58 £ 28,520.00 £ 30,871.50 £ 42,970.87 £ 26.146.(Kl £ 29.580.78 £ 28,393.68 £ 77,181.65 £ 70,782.30 29,688 36,OCKJ 49,000 43.200 25,250 24,560 27,720 29,200 25,5CK) 24.125 33,300 33,240 24,7(Ki 27,405 26,6iJ) 80.295 72,043 25￿0 40000 20CM)O 10000 300c￿l 25000 3LKJOO 300(X) 17500 17500 750CK) £ 642,667.77 611.826