**REGISTERED CHARITY NUMBER: 503695**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
**FOR**
**JOHN EDDLESTON'S CHARITY**
Fairhurst Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
**JOHN EDDLESTON'S CHARITY**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Statement of Financial Position**||6||
|**Notes to the Financial Statements**|7|to|13|
|**Detailed Statement of Financial Activities**||14||
|**Appendices**||15||
## **JOHN EDDLESTON'S CHARITY**
## **REPORT OF THE TRUSTEES for the Year Ended 31 December 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES Significant activities**
## **Land and buildings**
The building is used by local community groups and the field by local sports groups for the benefit of the inhabitants of Billinge and its surrounding areas.
## **Grantmaking**
The charity invites applications for grants from local groups and individuals. These are discussed by the trustees at annual and extraordinary general meetings and are awarded on merit.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
## **Public benefit**
Whilst exercising their duties the charity trustees have complied with the guidance on public benefit rules.
## **Review of activities**
During 2016 the charity received £75,260 as dilapidation income relating to certain land owned. The charity has used £64,303 of these monies to date and the remainder of £10,957 will be invested into future improvement and upkeep of its land and buildings. The charity continues to provide support to The John Eddleston Field Society. During the year the charity received £53,578 from its investments, with £18,974 donated to local schools and The John Eddleston Field Society.
## **FINANCIAL REVIEW**
## **Investment policy and objectives**
The trustees consider that the performance of the charity this year has been most satisfactory. The results for the year and the financial position of the Charity are as shown in the annexed financial statements.
There are no restrictions on the charity's power to invest. The investment strategy is set by the trustees and takes account of recent demand for funds and the quality of funding applications. The trustees consider the income requirements, the risk profile and the investment manager's view of the market prospects in the medium term. This strategy is set within an overall policy which states that the general fund is to be invested in medium risk investments. Our strategy is reviewed with our investment managers annually.
## **Reserves policy**
It is the policy of the charity to maintain unrestricted funds at a level sufficient to cover management and administration costs and to respond to emergency applications for grants which arise from time to time.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The John Eddleston's Charity was founded by a will dated 14 June 1672 and comprised in a scheme of 30 November 1909 and is now regulated by a scheme dated 18 December 1987, as amended by schemes dated 23 December 1994 and 12th May 2003, and is a registered charity, no 503695.
The objects of the charity are as follows: -
1) To apply one-third of the income of the charity for the advancement of religion in accordance with the provisions of clause 25 of the scheme.
2) To apply one-third of the income of the charity for the advancement of education in accordance with the provisions of clause 26 of the scheme.
3) The remaining third to be applied for the relief in need in accordance with the provisions of clause 27 of the scheme.
Page 1
## **JOHN EDDLESTON'S CHARITY**
## **REPORT OF THE TRUSTEES for the Year Ended 31 December 2023**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational structure**
The trustees who have served during the year and since the year end are set out below. Trustees are appointed by the board of trustees and serve for five years after which period they may put themselves forward for re-appointment. The trustees consist of five cooperative members and two nominative members. The nominative members are proposed by Billinge Parish Council and St Aidan's Parochial Church Council respectively.
The trustees meet annually at the AGM and at extraordinary general meetings as required.
## **Related parties**
The charity has very close relationships with The John Eddleston Field Society and John Eddleston Vicarage Moneys, which are charities, all of which nominate trustees and provide funding to enable the charity to carry out its charitable objectives.
It has been agreed that the charity will pay the accountancy and secretarial fees of The John Eddleston Field Society along with all insurance costs relating to The John Eddleston Centre and Eddleston Recreational Field, and provide funds as necessary to the Society to meet costs (see note 13 of the financial statements).
The quarterly interest received on the John Eddleston Vicarage Moneys investments is deposited into the John Eddleston's Charity bank account, which is then payable directly to the Vicar of Billinge (see note 13 of the financial statements). In the absence of a Vicar this will be donated to certain schools and the church in Billinge.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
503695
## **Principal address**
C/o Parkinson Commercial Property Consultants 10 Beecham Court Wigan Lancashire WN3 6PR
## **Trustees**
C Stockley Dr C E Mather Mrs J Smith A Whittle (Chairman) R Thompson K Whitehead F Gill Trustee (appointed 22/3/2023)
## **Independent Examiner**
Gary Edgerton FCA Cert PFS Fairhurst Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
Page 2
## **JOHN EDDLESTON'S CHARITY**
## **REPORT OF THE TRUSTEES for the Year Ended 31 December 2023**
## **REFERENCE AND ADMINISTRATIVE DETAILS Bankers**
National Westminster Bank Plc Corporate Business Centre Ashton House PO Box 120 Waterloo Street Bolton Lancashire BL1 8HG
## **Investment managers**
Evelyn Partners Royal Liver Building Pier Head Liverpool L3 1NY
Approved by order of the board of trustees on 25 September 2024 and signed on its behalf by:
A Whittle (Chairman) - Trustee
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JOHN EDDLESTON'S CHARITY**
## **Independent examiner's report to the trustees of John Eddleston's Charity**
I report to the charity trustees on my examination of the accounts of John Eddleston's Charity (the Trust) for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Gary Edgerton FCA Cert PFS
Fairhurst Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
Date: 27 September 2024
Page 4
## **JOHN EDDLESTON'S CHARITY**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2023**
|Notes
**INCOME AND ENDOWMENTS FROM**
Investment income
2
Other income
3
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
4
Direct charitable expenditure
**Total**
Net gains/(losses) on investments
**NET INCOME/(EXPENDITURE)**
**Other recognised gains/(losses)**
Gains/(losses) on revaluation of fixed assets
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
53,578
623
54,201
45,338
27,954
73,292
(6,387)
(25,478)
56,111
30,633
1,749,899
1,780,532|2023
Total
Endowment
funds
£
53,578
623
54,201
45,338
27,954
73,292
(6,387)
(25,478)
56,111
30,633
1,749,899
1,780,532|2022
Total
Endowment
funds
£
47,154
623
47,777
44,786
74,420
119,206
(883)
(72,312)
(140,229)
(212,541)
1,962,440
1,749,899|
|---|---|---|---|
The notes form part of these financial statements
Page 5
## **JOHN EDDLESTON'S CHARITY**
## **STATEMENT OF FINANCIAL POSITION 31 December 2023**
|Notes
**FIXED ASSETS**
Tangible assets
8
Investments
9
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
12
Unrestricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
350,837
1,454,180
1,805,017
9,338
(33,823)
(24,485)
1,780,532
1,780,532|2023
Total
Endowment
funds
£
350,837
1,454,180
1,805,017
10,957
(35,442)
(24,485)
1,780,532
1,780,532
1,780,532
1,780,532|2022
Total
Endowment
funds
£
352,303
1,411,111
1,763,414
19,904
(33,419)
(13,515)
1,749,899
1,749,899
1,749,899
1,749,899|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 25 September 2024 and were signed on its behalf by:
A Whittle (Chairman) - Trustee
The notes form part of these financial statements
Page 6
## **JOHN EDDLESTON'S CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Investment income is included when received into the bank deposit accounts.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly relate to charitable activities. Support costs include office costs, finance, insurance, investment management fees and governance costs which support the charity activities.
## **Tangible fixed assets**
Depreciation is not charged on land as the residual value is considered to be higher than the carrying value. Buildings are written off on a straight-line basis over their estimated useful life of fifty years.
## **Taxation**
As a registered charity, the charity is generally exempt from Income Tax and Capital Gains Tax, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Fixed asset investments**
Investments are included at closing mid-market value at the balance sheet date. Any gain or loss on revaluation is taken to the Statement of Financial Activities
## **Operating lease arrangements**
License fees receivable under operating leases are recognised in the Statement of Financial Activities on a straight line basis over the lease term.
## **Trade debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid deposits.
continued...
Page 7
## **JOHN EDDLESTON'S CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2023**
## **1. ACCOUNTING POLICIES - continued**
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **Impairment of assets**
At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared to its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit or loss.
If an impairment loss is subsequently reversed, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset in prior periods. A reversal of an impairment loss is recognised immediately in the profit or loss.
## **2. INVESTMENT INCOME**
|Dividend income from listed investments
Interest receivable from Unit Trusts
**3.**
**OTHER INCOME**
Other income|2023
£
34,400
19,178
53,578
2023
£
623|2022
£
21,361
25,793
47,154
2022
£
623|
|---|---|---|
## **4. CHARITABLE ACTIVITIES COSTS**
|**CHARITABLE ACTIVITIES COSTS**||
|---|---|
||Direct|
||Costs (see|
||note 5)|
||£|
|Direct charitable expenditure|27,954|
continued...
Page 8
## **JOHN EDDLESTON'S CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2023**
## **5. DIRECT COSTS OF CHARITABLE ACTIVITIES**
|Donations (see Appendix 3)
Upkeep of Billinge Hill|2023
£
18,974
8,980
27,954|2022
£
35,063
39,357|
|---|---|---|
|||74,420|
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Investment income
Other income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Direct charitable expenditure
**Total**
Net gains/(losses) on investments
**NET INCOME/(EXPENDITURE)**
**Other recognised gains/(losses)**
Gains/(losses) on revaluation of fixed assets
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
47,154
623
47,777
44,786
74,420
119,206
(883)
(72,312)
(140,229)
(212,541)
1,962,440
1,749,899|Total
Endowment
funds
£
47,154
623
47,777
44,786
74,420
119,206
(883)
(72,312)
(140,229)
(212,541)
1,962,440
1,749,899|
|---|---|---|
continued...
Page 9
## **JOHN EDDLESTON'S CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2023**
|**8.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 January 2023 and 31 December 2023
**DEPRECIATION**
At 1 January 2023
Charge for year
At 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022
All the fixed assets owned are held for charitable purposes.
**9.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 January 2023
Additions
Disposals
Revaluations
At 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022|Land
£
311,256
-
-
-
311,256
311,256
Listed
investments
£
1,359,302
249,935
(223,718)
56,111
1,441,630
1,441,630
1,359,302||Buildings
£
73,299
32,252
1,466
33,718
39,581
41,047
Cash and
settlements
pending
£
51,809
271,186
(310,445)
-
12,550
12,550
51,809|Totals
£
384,555
32,252
1,466
33,718
350,837
352,303
Totals
£
1,411,111
521,121
(534,163)
56,111
1,454,180
1,454,180
1,411,111|
|---|---|---|---|---|
||||||
||||||
||||||
Investments are managed by a UK Investment Fund Manager investing in medium risk listed companies.
Cost or valuation at 31 December 2023 is represented by:
|Valuation in 2023
Cost
Historical Cost|Listed
investments
£
241,146
1,200,484
1,441,630|Cash and
settlements
pending
£
-
12,550
12,550
2023
£
1,213,034|Totals
£
241,146
1,213,034
1,454,180
2022
£
1,192,994|
|---|---|---|---|
Investments are held primarily to provide an investment return.
continued...
Page 10
## **JOHN EDDLESTON'S CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2023**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Accruals and deferred income
**11.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
**12.**
**MOVEMENT IN FUNDS**|2023
£
12,041
21,782
33,823
2023
£
1,619|2022
£
11,013
22,406|2022
£
11,013
22,406|
|---|---|---|---|
|||33,419||
||||2022
£
-|
|||||
|**Unrestricted funds**
General fund
Designated fund - Billinge Hill
**TOTAL FUNDS**|At 1/1/23
£
1,730,142
19,757
1,749,899
1,749,899|Net
movement
in funds
£
30,633
-
30,633
30,633|Transfers
between
funds
£
8,800
(8,800)
-
-|At
31/12/23
£
1,769,575
10,957|
|---|---|---|---|---|
|||||1,780,532|
|||||1,780,532|
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|54,201|(73,292)|49,724|30,633|
|**TOTAL FUNDS**|54,201|(73,292)|49,724|30,633|
continued...
Page 11
## **JOHN EDDLESTON'S CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2023**
## **12. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1/1/22
£
**Unrestricted funds**
General fund
1,903,326
Designated fund - Billinge Hill
59,114
1,962,440
**TOTAL FUNDS**
1,962,440
Comparative net movement in funds, included in the above are a
Incoming
resources
£
**Unrestricted funds**
General fund
47,777
**TOTAL FUNDS**
47,777|Net
movement
in funds
£
(212,541)
-
(212,541)
(212,541)
s follows:
Resources
expended
£
(119,206)
(119,206)||Transfers
between
funds
£
39,357
(39,357)
-
-
Gains and
losses
£
(141,112)
(141,112)|At
31/12/22
£
1,730,142
19,757
1,749,899
1,749,899
Movement
in funds
£
(212,541)
(212,541)|
|---|---|---|---|---|
||||||
||||||
||||||
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Designated fund - Billinge Hill
**TOTAL FUNDS**|At 1/1/22
£
1,903,326
59,114
1,962,440
1,962,440|Net
movement
in funds
£
(181,908)
-
(181,908)
(181,908)|Transfers
between
funds
£
48,157
(48,157)
-
-|At
31/12/23
£
1,769,575
10,957
1,780,532
1,780,532|
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|
as follows:|||||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|101,978|(192,498)|(91,388)|(181,908)|
|**TOTAL FUNDS**|101,978|(192,498)|(91,388)|(181,908)|
## **General fund**
The Endowment fund represents the income generated from the charity's investments.
continued...
Page 12
## **JOHN EDDLESTON'S CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2023**
## **13. RELATED PARTY DISCLOSURES**
During the year the charity provided funds to The John Eddleston Field Society amounting to £12,000 (2022: £20,000) to meet costs, and agreed to donate amounts owed by it from previous years of £Nil (2022: £3,185).
Included in Trade Creditors is £6,832 (2022: £5,807) received by the charity on behalf of John Eddleston Vicarage Moneys which is owed to the Vicar of Billinge. In the absence of a Vicar this will be donated to certain schools and the church in Billinge. The interest received in the year totalled £2,051 (2022: £2,043).
During the year the charity paid funds of £8,800 (2022: £20,881) to one of the trustees of The John Eddleston Field Society, Mr C Corless, for maintenance and upkeep of Billinge Hill.
## **14. CONTROL**
The charity is under the control of the trustees.
Page 13
## **JOHN EDDLESTON'S CHARITY**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2023**
|**INCOME AND ENDOWMENTS**
**Investment income**
Dividend income from listed investments
Interest receivable from Unit Trusts
**Other income**
Other income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Donations (see Appendix 3)
Upkeep of Billinge Hill
**Support costs**
**Governance costs**
Insurance
Accountancy
Investment management fees
Secretaries fees
Freehold property depreciation
Total resources expended
**Net expenditure before gains and losses**
**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset investments
**Net expenditure**|2023
£
34,400
19,178
53,578
623
54,201
18,974
8,980
27,954
5,328
4,440
13,506
20,598
1,466
45,338
73,292
(19,091)
(6,387)
(25,478)|2022
£
21,361
25,793
47,154
623
47,777
35,063
39,357
74,420
4,536
3,660
14,022
21,102
1,466
44,786
119,206
(71,429)
(883)
(72,312)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 14
## Appendix 1
## **JOHN EDDLESTON'S CHARITY**
## **PROFIT/(LOSS) ON SALE OF INVESTMENTS**
## **For the Year Ended 31 December 2023**
|Aegon Property Income PAIF B Gross Inc
GEMCAP Investment Atlantic House Defined
Alternative Liquidity Fund Ltd
Astrazeneca
Aviva
Barclays
Baring Europe Select I GBP Inc
Barratt Developments
Blackrock Continental European Income D inc
BP Plc
BT Group
Civitas Social Housing Plc
CRH
Dodge & Cox Worldwide US Stock GBP Inc
Fidelity Emerging Markets W Acc
Fidelity Global
First Trust US Equity Income UCITS
Fundrock WHEB Sustainability B ACC NAV
Glaxosmithkline
Henderson Global Technology
Henderson Smaller Companies IT
Henderson Strategic Bond I Inc
HICL Infrastructure
IMI
International Public Partnerships
Invesco Perpetual Corporate Bond Z Inc
Invesco Physical Gold P-ETC GBX
ISHARES FTSE 250 UCITS ETF
JP Morgan Global Emerging Markets Income Trust
JPM US Equity Income C Inc
JPM Global Macro Opportunities C inc
Legal & General Group
LF Morant Wright Nippon Yield B Inc
Link Fund SOL Limited Capita Trojan X Inc
Liontrust Monthly Income Bond B Gross Inc
Lloyds Banking Group
Lyxor Core US TIPS ETF Hedged
Mayfair Capital Property Income Trust
MI Twentyfour Dynamic Bond I Net
Mondi Plc
Next
Ninety One Diversified Income J2 Inc
Premier Miton income Funds ICVC
Reckitt Benckiser Group
The Renewables Infrastructure Group
Rio Tinto
Shell Plc
Schroder Oriental Income Fund
Schroders
SDCL Energy
SPDR S&P US Dividend Aristocrats ETP GBP
Stewart Investors Asia Pacific B Inc
Tesco Plc
Unilever
United Kingdom Government 4.25% SNR BDS
Vanguard INVS SRS
Vodafone Group
Whitbread
TOTAL
COIF|**1 Jan 2023**
**UNITS**
8,912
40,400
3,286
200
1,520
6,500
700
1,500
25,000
5,400
6,000
30,000
500
1,366
15,073
23,968
-
14,460
960
700
2,520
36,861
14,000
700
14,000
30,000
250
700
20,000
10,000
29,000
5,000
8,500
40,138
50,000
25,000
-
56,224
520
800
250
50,000
-
175
22,000
500
1,260
14,300
2,352
800
12,000
4,736
400
-
-
6,552
400|**1 Jan 2023 BOUGHT**
**BOUGHT**
**SOLD**
**SOLD**
**OTHER**
**OTHER**
**31 Dec 2023**
**COST**
**UNITS**
**COST**
**Units**
**Costs**
**UNITS**
**COST**
**UNITS**
**COSTS**
**UNITS**
**£**
**£**
**£**
**£**
**£**
9,356
( 5,765)
( 2,580)
3,147
43,616
40,400
-
3,286
6,102
200
7,665
1,520
9,946
6,500
15,810
700
10,133
1,500
38,968
25,000
20,124
( 1,900)
( 7,081)
3,500
14,243
6,000
28,842
( 30,000)
( 28,842)
-
11,577
500
39,993
1,366
16,254
209
15,073
21,579
23,968
-
2,000
43,600
2,000
28,542
( 4,160)
( 8,828)
( 300)
80
10,000
11,471
960
4,233
700
20,010
2,520
48,686
36,861
21,430
14,000
7,608
700
16,125
14,000
50,401
( 30,000)
( 50,401)
-
30,875
250
14,480
700
30,001
20,000
29,658
10,000
50,025
29,000
4,651
5,000
24,939
( 2,500)
( 7,335)
6,000
38,686
( 40,138)
( 38,686)
-
50,430
50,000
14,951
25,000
-
400
39,753
400
50,007
56,224
56,173
520
8,184
( 800)
( 8,184)
-
12,684
( 50)
( 2,537)
200
50,093
50,000
-
56,000
39,687
( 87)
56,000
6,428
175
22,405
22,000
6,343
500
25,468
( 260)
( 5,255)
1,000
26,675
14,300
11,601
2,352
24,000
22,431
24,000
14,328
( 800)
( 14,328)
-
4,186
12,000
12,792
4,736
10,052
400
-
60,000
59,541
60,000
-
500
44,921
( 160)
500
16,619
( 6,552)
( 16,619)
-
12,658
400
**Redemption /**
**Reconstruction**|**31 Dec 2023**
**COST**
**£**
6,776
43,616
-
6,102
7,665
9,946
15,810
10,133
38,968
13,044
14,243
-
11,577
39,993
16,464
21,579
43,600
19,794
11,471
4,233
20,010
48,686
21,430
7,608
16,125
-
30,875
14,480
30,001
29,658
50,025
4,651
17,604
-
50,430
14,951
39,753
50,007
56,173
-
10,147
50,093
39,600
6,428
22,405
6,343
20,213
26,675
11,601
22,431
-
4,186
12,792
10,052
59,541
44,761
-
12,658
1,197,405
3,079
1,200,484
Market value b/fwd
Additions
Disposals
Change in valuation
Market value c/fwd|**MARKET**
**VALUE**
**£**
47,898
90
21,200
6,607
9,996
31,738
8,439
46,258
16,315
7,416
-
27,050
42,838
16,459
25,646
50,610
20,924
13,922
30,254
20,790
40,732
19,404
11,788
19,236
-
39,135
12,876
25,300
43,630
44,718
12,555
25,235
-
41,845
11,928
41,270
42,764
49,898
-
16,236
45,750
41,065
9,485
25,036
29,210
25,715
36,251
10,111
15,600
-
35,654
13,758
15,200
61,866
44,588
-
14,624|
|---|---|---|---|---|
||646,384|1,138,106
142,900
249,934
(5,765)
(2,580) (117,160) (188,096)
(300)
42
666,059||1,366,913|
|||3,079
1,141,185||74,716|
|||||1,441,630|
|||||1,359,302
249,934
( 223,718)
56,111
1,441,630|
Page 15
Appendix 2
## **JOHN EDDLESTON'S CHARITY**
## **PROFIT/(LOSS) ON SALE OF INVESTMENTS**
## **For the Year Ended 31 December 2023**
|Link Fund SOL Limited
Civitas Social Housing
Link Fund SOL Limited
BP
Vodafone Group
Shell Plc
SPDR S&P US Dividend Aristocrats ETF
Invesco Corporate Bond UK
Next
Mondi Plc
Fundrock Wheb
WS Morant Wright Nipon YLD|**COST**
**VALUATION**
**PROCEEDS**
**£**
**£**
**£**
7,844
10,083
10,125
28,842
18,930
18,508
30,842
40,166
39,482
7,081
9,705
8,605
16,619
5,851
4,629
5,255
6,002
6,008
14,328
43,964
41,568
50,401
55,641
54,715
2,537
3,648
3,437
8,184
10,980
11,110
8,828
8,161
8,600
7,335
10,586
10,544
**188,096**
**223,718**
**217,330**|**COST**
**VALUATION**
**PROFIT**
**PROFIT**
**(LOSS)**
**(LOSS)**
**£**
**£**
2,281
42
(10,334)
(422)
8,639
(685)
1,524
(1,101)
(11,990)
(1,222)
752
6
27,240
(2,396)
4,314
(926)
901
(211)
2,926
130
(229)
439
3,209
(42)|
|---|---|---|
|||**29,234**
**(6,387)**|
Page 16
Appendix 3 **JOHN EDDLESTON'S CHARITY**
## **INCOME AND EXPENDITURE ACCOUNT For the year ended 31 December 2023**
|**Donations**
John Eddleston Field Society
Birchley St Mary's School
St Aidan's Primary School
Billing Chapel End School
St Aidan's Church
Billinge Chapel
Billinge Music|**2023**
**2022**
**£**
**£**
12,000
23,185
1,758
1,759
1,758
1,759
1,758
1,759
-
6,600
1,200
-
500
-|
|---|---|
||18,974
35,063|
Page 17
## Appendix 4 **JOHN EDDLESTON VICARAGE MONIES CHARITY NUMBER: 223528**
## **FINANCIAL STATEMENTS for the year ended 31 December 2023**
|**INCOME AND EXPENDITURE ACCOUNT**
**for the year ended 31 December 2023**
**Income**
Investment income
**Distributions**
Vicarage monies paid to Billinge Schools and St Aidans Parish
in absence of Vicar
**BALANCE SHEET**
**as at 31 December 2023**
**Investments**
Charities Official Investment Fund
3,765 Income Shares|**2023**
**£**
2,051
1,026
**2023**
**£**
3,765|**2022**
**£**
2,043|
|---|---|---|
|||1,021|
|||**2022**
**£**
3,765|
As at the balance sheet date the investment income received by John Eddleston's Charity and not yet paid to the Vicar of Billinge amounts to £6,832 (2022: £5,807). In the absence of a Vicar these funds are to be donated to various schools and the church in Billinge. During the year £1,026 (2022: £1,021) was paid to Billinge Schools.
Approved by the trustees by A Whittle and signed on its behalf by:
Date: 25 September 2024
Page 18