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2020-12-31-accounts

Page
Charity
Particulars
Annual
Report
2 —3
Independent
Auditor's
Report 4 —6
Receipts and Payments Account
Statements ofAssets and Liabilities
Notes to the Accounts
Schedule ofInvestments 10

Trustees The Rev'd D Maudlin
Mr L Staig
Mrs S M Unwin
Offices 3 Goldfinch Road
Uppingham
Rutland
LE159UJ
Auditors Somerbys Limited
Chartered Accountants
Registered Auditor
30Nelson Street
Leicester
LEl 7BA
Bankers CAF Bank Ltd
25 Kings Hill
Kings Hill
West Mailing
Kent
ME194JQ
Investment Managers Killik &Co
46 Grosvenor Street
London
W1K 3HN

Ms Elizabeth Beach —Teaching work in Ghana 750
Marina Yedigaroff —Visual and literary arts project 750
I CAN —Children's
Communication
Charity 5,000
Help to Read —Literacy Charity 4,000
10,500

2020 2019
Receipts
Income receipts
From assets
Interest &dividends 14,683 15,314
14,683 15,314
Other Receipts
Proceeds from sale ofinvestments 99,543 88,190
Total Receipts 114,226 103,504
Payments
Charitable
activity direct expenditure
Grants 10,500 22,900
Management
and Administration
Audit and accountancy 1,860 1,800
Investment
management
fees 11,205 10,585
Commission
charges
74 74
Trustee expenses 59
13,139 12,518
23,639 35,418
Other payments
Purchase ofinvestments 84,624 72,970
Total payments 108,263 108,388
Net payments
for the year
5,963 (4,884)
Cash funds at 31 December 2019 14,245 19,129
Cash funds at 31December 2020 20,208 14,245

2020 2019
Monetary
assets
Cash funds
Held by Killik &Co:
Income account 1,086
Capital account 7,361 3,647
CAF Bank:
Cash account 12,847 9,512
20,208 14,245
Market Value Cost
2020 2019 2020 2019
Non-monetary assets
Investments 81,201,784 61,048,490 6589,580 f600,177
(See page 9)
2020 2019
Monetary
liabilities
Creditors:
Audit and accountancy 1,800 1,800
Guyana
Diocesan Association
10 10
1,810 1,810

urin g the year expenses were paid to its Trustees as follows:-
2020 2019
Mr L Staig
The Rev'd D Maudlin 59
SM Unwin
59

Market
N'of Cost Value
Description Shares
Bluebay Funds Management
Co SA Invest Grade
Bond 475 59,993 65,955
Daily Mail & General Trust —Ord Non Vtg A 1,419 9,995 10,572
Experian - Ord 28 24,990 24,688
Findlay Park Funds Plc American
Sterling Group
unhedged 303 19,095 35,151
Fundsmith
LLP Equity
1
Inc Nav 47,067 56,666 236,710
Link Fund Solutions
Ltd
- LF Lindsell Train UK
Equity DIS 33,516 61,580 109,826
Link Fund Solutions
Ltd
- Trojan Income S Inc 42,569 59,619 76,573
London Stock Exchange Group - Ord 122 9,972 10,990
Morgan
Stanley Inv Fund
&Global Brands ZX 2, 1 1 I 63,596 186,273
Nestle SA CHFO. 10(REGD)
Novo Nordisk
As —Ser 'B' Dkk
386
362
3],644
19,682
33,339
18,544
Pimlico Global Advisors IRL Ltd Global Inv Grade
Cred Hedged 4,680 62,682 66,595
Polar Capital Technology Trust GBP0.25 1,000 9,955 23,050
Sage Group - GBP 1,523 9,995 8,864
Scottish Mortgage
Investment
Trust Ord GBP0.05
21,266 54,999 258,169
Unilever
- Ord
223 9,990 9,794
United Kingdom
(Government
Of) 0.125%
I/L Gilt 03/2026G 20,000 25,127 26,691
589,580 1,201,784