YIR PARTNERS CHARTERED ACCOUNTANTS BELMONT HOUSE, SHREWSBURY BUSINESS PARK, SHREWSBURY
THE ATHERTON TRUST Pè 1- 2 TN8tees RekY)rt 1rn1epEndent Examirer5 Report Receipts and payThan15 account ststerneni ol a$seis and Liablrt Sthedule of invsstwls Gr8nl8
THE ATHERTON TRUST REGISTERED CHARITY NiIMBER 51522 The Trustees present thelranrwal port and rceipts paymnts acc4)unt lor the year erkyed ement 81 CoTrsiilulion The AlhertDn Trust was Consliluled by a Trust Deed dated 28 September 1984 and upjats 1B DeETmber 2013, 29 May 2015 and January 2018 The Chatty's regt5terEd nurnber Is 515220 bl Method of appointment ol Trustees Trustee5 are apwinted by Ihe exL%liry Tweos al the AnAual normally In May eaL year Tru$lee$ can be wted ot any lThe durry the year. The ¢harrtie$ obiecbves were in JanuBry 2018 w r¢fie¢t sotsal circumstan9 and ccrnrnunily needs. Tho obie¢iive$ ol the ¢haniy are lo give Iin#roal SUFVC lor Ihe benefii of Iho$e In the pan$h¢s of Ponlesbury and Hanwcod and the ¥ilL8ge 8re8$ ol Annstrofi •rA HoTh-aGale for Ihe lollowng purposes. the making ol a giant to a ¢lewN9 ¢a$e from 1058 of parent. husbènd or cth1. sickness or accident and lo assisi children olenergy In irnpro¥iry Iheir chance of eaming a livelihood. lo those Incapaeiialed Ihrou9h afflictim ¢1 rnirwj or and The dependents of iu¢h. t ln81rtulns who gNe or agree 10 give when required 5uccovr aTr1 Servi le people unlortunale enough lo iequire by bs8 of signi. limb or hfr•lln by ¢KJenl or Inevrt8t4e c4u8O1. to pernons Ihrough no fautt of I1r own afe lo meet ur9Bnt Obligatn8 Tne objects ol the chanty a to provle grants In the panshes of Ponlesbury and H¥nwoc¥J and the village areas ol Anngroft #nd Flook-a-Gate lo Iieve financial hardship for Iivng In ts art• of benefrt In need. relve s¢kne8s lor persons. promoie. lor Ihe benerrt of Ihe Inhabrtants. Ihe provuion olfaciifftes for re¢#eation or oltter i$ure 11rno occupation of IndivU8 %vho have of $uch ts¢ilthe5 by rea8en ofthe youlh age. Infimrty or disaDmen1 finanoal hardshp or soci81 arxl ecjjnom rcum$ian($ wrth IIE i)bRd of Improvirg Iheir Conortn5 of lrfe. and prOVe support for young and disadvantaged pe1}p to (kvelop skils. p¥>i11es et)•b tM lo partiopaie In society ¥$ m¥¢wtr on¢J respo 1vidu9. The Trustees receive aoplitalions for grants frcffi crganwlion5 aThJ indMduaL8. During the year. as result of the pandernK. only two 9r8nl$ were awaruEd, one an Individual and one an 0r98n1satn In reviewng Ihe grant applicglions lor the year. the Trustees have Coered the Charty ComMissn.8 revised guhJanc on pu1¢ berfrt and aw•rded grants accorrlingty
The chanty Is seKfunding and relies on irKorne Irom it5 nvestments Investment lic The Trustees are advised by a professional bjna mager. All the funds are Un$triCIed. The Truslees woukj nornally pay Grants equivalent lo tlT ID¥estmenl Income Free reseryes at the ar end £200.Y3 12020. £157.2531. ru5 The Tw$w$ ol thè charrty are" J M Pope (Chairman) MTr S Bndgwa¢er JPLÈw6 Mrs H Pea B Challinor P. Pnce P Adams The Chanty Is 8 Regle Charily undei Number 515220 the RegL8ieie4 offi Is 8elmont Hou$e, Shrewsbury Bu81wss Park. shreUry. shropshi. SY2 6LG On B¢hall ol the Trustee5 J M.Pope Chairm•n 20 ia Dète
ATH RT INDEPENDENT EXAhl ER, REPORTTO THE TRUSTEES OF HEAT I report on tre a¢counis of Ihe Tru fLY thB ar e[ed 5th April 2021. which are Set out on pages 4 to 7 RMponslblliti•8 and ba818 of the report As the charity'8 tru3tee5 YOU art respon$ibk for the prepaialion of the xcounts in acc¢ydartt %%)th the audit requiremeni of the Charilies Act 2011 (TIE Adl I report In resp8cl of my examinion oftt charty'8 8cctyJnts carrd out under settn 145 of Ihe A ¥Trd In rryIng out my examination I he followed 811 the appliCae OireckJns given bythe Charity CcrnrnIs5n under sectson 1451Sllbl ol the Act Ind•p•ndni •x•M1 stslernont I ha¥e completed my examin8iKJn l fjrrn Ihal no m¥itnai mattrs have come to my att•nbon In Connecti with tho ex•minaiion giv9 me cause lo beltwe Ihat In any materi81 re$po¢1 accounling records were not kepi In rw¢l of the r8nty as required by se¢iion 130 ofthe I, or Ihe accounts do not accord wrth Ise rècords, or Ihe 8ccoun15 do ntsi comply wrth the appbcab requirements concming Iho l¢mi and ¢k)nieni ol accounts set oul In Ihe Chanlie5 IAc¢L)unis and Reportsl Regulaiions 2008 other than ar,y requiremeni thai Ihe a¢couni$ give a'true Bnd fair whith is ntri a matter )nSIde as p8rt 01 an IndeF¢ndenl eXam#trt I ha¥e no Coneems and ha¥e come across no Olher matters in c£Jnfiection wlh the examination lo wfiich attention should drawn In Ih15 report In offjer10 enab a prowr understanding ol the accounls lo be leached TIM Lunt WR Partnern Charfered AG¢ountsnts Shrewsbury &A FCCA MIRPM Dale." 0210212022
D 5TH APRI 21 Year En rEn Dwidends Recewd 2.651 3,571 Sale of investments 61,572 41,035 64.226 44,640 Management & Adrninislralion- Pfole$$K)nal F8•8 WR Partners 8rewin Dolphin portfol Mènagem¢nt Bank eharg85 Purchase ol Investments Gianis In$ur8 618 1.689 70 80.457 1,795 50,268 5,528 331 63,99) 58.582 236 113,9421 C8sh balance brought fThord 21.808 Cash balance carried forward 7902
ThE ATHER TON TRUST Page CAF Bank Brwn Dohn Deposd a¢£othl 947 6.718 7,299 7.902 7.666 Quoted Inveslrrnnts per s¢hedukn ai market valu 192.641 149,587 192.641 149,587 Total Assets 2W.543 157,253 All Trusi Fund5 are unresthded These awounts **re approved by Ihe Trust J M Pt)pe Chairman Dale 201
RTH APRI el 4,0 Henderwn Investment Funds Ltd 2.138 Henderx>n Investrneni 5trateEK bond 6.5(K AXA US Short Duration High Yield Fund 13,100 Lo8al & Generèl Unil Trust 800 Pimco Global Advi5 Income insil 5.208 Ninety one UK Alpk 2.410 Mercantile investm ord 8bp 1,6W Clty of London Investment Trusi 5,700 Diverse IncomeTrusi 575 Aberlorth SmallerCompanie5 Twst 1.750 Iiontrusi Fund par special 5.6CQ BNP Paribas lssuan I.8( T Bailey Fund Serv TB EvtYlode irKome 112 Findlay Park Arnerican GBP 6.944 JPMor8an US Equity Incorr 160 V3n8uard Funds 315 TR Europe GWTH TST 1.475 Threadneedle INV European selecl Z 1.6CQ khroder Japan fjfowlh Fund 650 First State Inw Stewart I.4 Fundsmith LLP equr(¥ IDStI 1.160 Lind5ell Train Global equity 185 Polar Captèl Technolo8yTST 4.350 Ninety One Mana8trs diversified 3.8W JPMor8an AM UK Ltd Mècro opp5 Personal asset5 TR ORD 5.OCQ Picton Proptrty Income 5.200 BMO Real Estate Old 2.785 Internaiional Public Pannershlps 4.235 The renewables Infrastructure 7.766 Fil Inw SVCS UK Monry buiklef 8.770 CQS New City High Yield Fund 7.708 M & G Global Fk)atirE rate High Yield IH Fund I,5 Aberdeen standard Life Equrty IrKtymeTwsi 3.8Q) Goldman 5ach5 well flat 4.750 Blackrk FM Cont Euro 8.otxl khroderunit trust Asian 235 RIT Cap Partner5 5,IIK) Goldman sach5 wert defensive 3.OLK) HG Capital Trust 6.364 6.957 9.216 7,979 8.816 6 161 5.963 6.657 5.370 6,154 6,824 8,238 9.856 8.053 8.808 7.431 6,170 6,056 6.313 8,579 8.242 6.009 6.117 9,339 9,000 8.734 4,284 3.894 3.344 6.257 7.864 4,780 4,126 5,978 G,661 3,620 4.34 3.848 4.684 5.192 7,979 8,816 5.983 304 211 191 iio 5.883 5.883 5.175 4947 193 118 3.888 3.823 3.813 2.4% 4,942 6,172 4,714 3.967 5,577 5.658 3,643 3.084 4,468 3,781 5,417 78 4.714 3.7 20 3.643 iio 123 202 195 5.417 18.3171 l.(K13 14.0341 11.3291 17.0441 14.1701 11.8341 14.5731 773 16.6171 898 16.3(101 650 14.5171 15.6641 10.336 61,572 291 78 195 82 564 150 2851 60 457 7 390 165,072 192,641
ni CorNnunity GO NelbOu[S 620 620 Individual G Sauv&9e l¢¢x*erl 200 zoo 820