2021-05-07-accounts - H A Taylor Fund

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			Page
Legal and administrative		details
Trustees' report			2-4
Independent Examiner's		report
Statement offinancial	activities		6-7
Balance sheet
Notes to the accounts			9-13

			Unrestricted	Endowment	Total Funds	Total Funds
			Fund	Fund	2021	2020
			f	E	E	f
INCOME AND ENDOWMENTS		FROM:
Investments			22,262		22,262	26,052
Bank interest			556		556	742
Donations and legacies			9,076		9,076	17,414
Total income			31,894		31,894	44,208
EXPENDITURE ON:
Cost ofgenerating funds:
Investment management	fees			5,713	5,713	5,893
Charitable activities:
Grants in furtherance ofthe objects			23,820		23,820	15,541
Support costs			7,662		7,662	8,133
Total expenditure			31,482	5,713	37,195	29,567
Net income/(expenditure)	before
investment gains/(losses):			412	(5,713)	(5,301)	14,641
Transfers between funds
Net gains/(losses) on investments				120,225	120,225	(76,855)
Net movement in funds			412	114,512	114,924	(62,214)
Reconciliation offunds:
Total funds brought forward at 8th May 2020			39,186	630,550	669,736	731,950
Total funds carried forward at		7th May 2021	39,598	745,062	784,660	669,736

			Unrestricted	Endowment	Total Funds
Prior financial year			Fund	Fund	2020
			E	f	f
INCOME AND ENDOWMENTS		FROM:
Investments			26,052		26,052
Bank interest			742		742
Donations and legacies				17,414	17,414
Tota I income			26,794	17,414	44,208
EXPENDITURE ON:
Cost ofgenerating funds:
Investment management	fees			5,893	5,893
Charitable activities:
Grants in furtherance ofthe objects			15,541		15,541
Support costs			8,133		8,133
Total expenditure			23,674	5,893	29,567
Net income/(expenditure)	before
investment gains/(losses):			3,120	11,521	14,641
Transfers between funds
Net gains/(losses) on investments				(76,855)	(76,855)
Net movement in funds			3,120	(65,334)	(62,214)
Reconciliation offunds:
Total funds brought forward at 8th May 2019			36,066	695,884	731,950
Total funds carried forward at		7th May 2020	39,186	630,550	669,736

		Total Funds	Total Funds
		2021	2020
FIXEDASSETS:
Investments		730,627	592,565
CURRENT ASSETS:
Cash at bank and in	hand	67,448	84,816
Debtors and prepayments			14
		67,448	84,830
CURRENT LIABILITIES:
Creditors: amounts	falling due within one year	13,415	7,659
NET CURRENT ASSETS		54,033	77,171
TOTAL NET ASSETS		784,660	669,736
FUNDS:
Endowment -capital fund		745,062	630,550
Unrestricted fund		39,598	39,186
TOTAL CHARITY FUNDS		784,660	669,736

				2021		2020
				E		E
Grants to institutions:
Syston & District Age Concern				8,500		6,013
Syston Volunteer Centre				12,000
				20,500		6,013
			No.		No.
Grants to individuals			5	3,320	18	9,528
				3,320		9,528
Total grants paid/payable				23,820		15,541
4. SUPPORT COSTS					2021	2020
					E	E
Governance and support costs:
Administration fees					5,207	5,165
Independent examination and accountancy		fees			1,757	1,737
Legal and professional fees						220
Office costs, banking charges and other expenses					698	1,011
					7,662	8,133
5. FIXEDASSET INVESTMENTS					2021	2020
					E	E
Investments at market	value
At 8th May 2020					592,565	681,522
Additions					172,417	113,220
Disposals					(148,134)	(122,158)
Unrealised gains/(losses)					113,779	(80,019)
At 7th May 2021					730,627	592,565
6.CASH AT BANK AND	IN HAND				2021	2020
					E	E
CAF Bank (current account)					16,626	10,999
COIF Charities Deposit Fund					15,387	15,368
Skipton Building Society (bond)					17,356	17,016
Cambridge &Counties	Bank (savings account)				16,528	16,331
					65,897	59,714
Endowment funds held	as cash at the year-end
COIF Charities Deposit Fund						17,414
Charles Stanley Ltd (capital account)					1,551	7,688
					1,551	25,102
Total cash at bank and	in hand				67,448	84,816

INVESTMENT SCHEDULE
					Market	Market
					value	value
As at 7th May 2021			No. of units	Bookcost f	2021 f	2020 f
Aberdeen Standard - UK Equity High	inc		38,956.43	12,744	32,634	25,813
CCLA COIF Property Fund			35,000.00	41,347		44,266
Henderson Investment Funds —Strategic		Bond	30,584.56	39,710	41,564	39,735
BNY Mellon - Newton Global Income			31,801.17	24,878		44,655
JP Morgan - US Equity Income			11,750.00	13,247	46,131	35,179
Lion Trust Fund Partners —European	Income		24,703.25	26,359		26,520
Royal London —Extra Yield Bond			27,000.00	24,613	27,896	16,604
Veritas Funds PLC - Global Equity Income			180.00	26,243		32,692
Lion Trust Fund Partners —Monthly Income Bond			38,000.00	40,032	38,941	37,389
3i Infrastructure Ord NPV			10,821.00	24,751	32,138	28,622
GCP Infrastructure Investments Ltd			33,500.00	41,575	33,266	27,550
J0 Hambro Capital Management - UK Equity inc			40,000.00	53,485	52,600	35,600
Standard Life Private Equity Trust PLC			9,550.00	31,223	45,840	25,976
Premier Miton UK Multi Cap Inc			10,000.00	19,944	23,212	17,123
Artemis Fund Managers Income			10,400.00	24,715	26,053	15,462
Polar Capital Funds - Global Technology			420.00	14,325	26,195	19,904
Guinness Asian Equity Income			2,750.00	30,299	31,253	25,007
JLEN Environmental Assets Group Ord Npv			17,025.00	19,973	18,557	9,589
Mercantile Investment Trust PLC Ord			8,300.00	19,872	23,033	15,139
Perpetuallncome &Growth Investment		Trust	9,400.00	29,851		20,210
Primary Health Properties PLC			23,000.00	35,682	34,707	24,649
Lyxor International Core UK			160.00	24,743	22,558	24,881
Murray Income Trust			2,798.00	29,851	25,462
Biotech Growth Trust			1,200.00	16,081	16,176
Blackrock Continental European Income			25,175.00	41,212	46,032
Blackrock North American Income			10,000.00	15,096	20,150
Hermes GBL Emng Mtks F			9,200.00	19,752	24,472
I-Shares V PLC SRP 500 Hedged Ucits	ETF		280.00	20,740	27,049
Legg Mason Investment Funds IFJapan Equity X			2,525.00	13,926	14,708
				776,269	730,627	592,565