SIR FRANCIS NETHERSOLE FOUNDATION
FINANCIAL ACCOUNTS
YEAR ENDED 31ST DECEMBER 2023
WRIGHT & CO
CHARTERED ACCOUNTANTS
2 LONGROOD ROAD
BILTON
RUGBY
WARWICKSHIRE CV22 7RG

ACCOUNTS OF THE CHARITIES
KNOWN AS
SIR FRANCIS NETHERSOLE FOUNDATION, POLESWORTH
GOVERNORS
The Lord of the Manor of Polesworth's Nominee
The Vicar of Polesworth
Father P Wells
Nominee of the Warwickshire County Council
Nominee of the Polesworth Parish Council
CO-OPTED GOVERNORS
Mr D Butcher
Mr5 M Willis
Mr D Parsons
Mrs J Bailey
FOR THE YEAR ENDED31ST DECEMBER 2023
CLERK .
Mr T J Howard
Howkins & Harrison LLP
7-1 l Albert Streei
Rtsgby
Watiyickshire
CV218R
CCOUNTANrs .
Wraghi & Co
Chartered Accountsnts
2 L￿grOOd Road
Billon
Rugby
Warwickshire
CV22 7RG

SIR FRANCIS NETHERSOLE FOUNDATION
Page I
ECCLESIASTICAL CHARITY
RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2023
2023
2022
RECEivrs
Dividends received
Disposal of investments
Interest
1356
6377
941
11313
7740
12254
PAYMENTS
Investment managee5 fees
Pllr¢hase of investments
Polesworth PCC
786
5686
12(KJ
10977
121NJ
7672
12818
Excess of receipts over payments
Balance in hand at 1st January 2023
68
1165
-564
1729
Balance in hand at 3 1st Decernber 2023
1233
1165
N(YrE '.
Balance in hand at 3 1st Decemttr 2023 is ".
BRI Asset Marhagement alc
1233
1165
1233
1165

SIR FRANCIS NETHERSOLE FOUNDATION
Page 2
ECCLESIASTICAL CHARITY
SCHEDULE OF INVESTMENTS HELD AT 31ST DECEMBER 2023
Market value
Incom¢ rtt'd
#t 31.12.23 ￿￿e*r
Income rec'd
Durin
2022
ARC TIME UK Infrastructure Inc
Trojan X Ibcitne
Artemis Corpordte Bond Fund
Baillie Gifford High Yield Bond
Baillie Gifford Emerging Markts Growth Fun
Baillie Gifford European Net B
Baillie Gifford Japanese
Picket Indian Equities
Regnan Sustainable Water & W&ste Fund
Seraphitn Space Inveslment Tn
LiontNst Strdiegic Bond M Inc
Liontrust Special Sityations Class Inc
M & G Global Listed Intra
Artemis C(Trrporare Bond
Premier Miton US oppoe￿Itie5
VT Gravi5 Listed Property
Morgan Stanley Global Brands
HSBC FTSE 250 Index
HSBC Japan Index
LF Gresham House
Belleview Healthwe Trust
ishares UK UK Gilts
ishares UK Equity Index
2558.78
2476.99
3585.46
2169.98
3062.45
2097.79
137.47
9.89
94.53
163.13
130.06
7.63
21.86
83.90
2.49
191.05
40.94
13.16
1436.60
1571.67
194.82
4.45
99.74
41.26
88.50
2939.87
120.07
73.61
0.61
289.10
23.18
153.69
6153.15
6472.95
4166.64
5033.38
1463.37
1920.29
1246.60
1606.80
2802.76
52960.35
237.04
85.43
37.01
49.40
45.01
49.56
1356.25
940.58
Market value at 31 December 2022
51387.53

SIR FRANCIS NETHERSOLE FOUNDATION
Page 3
SCHOOL CHARITY
RECEJwfs & PA YMENTS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2023
2023
2022
RECEIPTS
Rents..
S¢hool House. Warton
Land at Warton (Critchley)
10335
150
10200
150
I¢M85
34595
392
69536
10350
30934
Dividends (page 4)
Inrerest
Disw)sal of investments
157401
115008
198685
PAYMENTS
Insurdnce
Accountancy
Investtnent managerfs fees
Rates and water
Donation of bibles
Purchase of investments
Repairs
Legal & professional
Tranfer of assets
CSA agre¢m¢nt
Property transfer
Property management fees
Bank charges
3084
2824
810
16639
1976
610
147709
465
9366
15914
2098
956
141683
150
423
1121
1800
3344
1152
65
169286
1079
181542
Exceu of receipts over pa￿ents
-54278
17143
Balance in hand at January 2022
140791
123648
Balance in hand 3 1st D¢¢ember 2022
86513
140791
NOTE .
Balance in hand at 31st December 2022 is..
Bank accounts
BIU *count
62292
24221
63483
77308
86513
140791

SIR FRANCIS NLTMIRSOLE FOVNDATIOI
SCHOOL CHARrrY
SCHEDULE OF INvEsf￿iÉNrs HÉLD AT 31ST DECEMBER 2•ZJ
Mxket
at31.12.23
Holdu
2022
27992 LXI Rett PLC
28851 GCP IAfrastnKEiire ID¥￿11￿cl￿ts
20791 QCP Assd Ba¢k¢d IncomeFwbJ
Lionlru51 Si¥al¢8ic
35210 war¢bL￿ Reil
Bunzi Ord
289 Cakth)nia ttsv
Glaryo Smith KiinE
1227 BP Ord
790 Pnth*iial
244 RELX (kd
625 imrthal BraDds GTOUP
247 Sh¢ll
253 Diage0(￿d
M & G Global
845 Smith & N¢
281 UnikveTOrd
14256 BB Helllthcare
33255 BNY M¢lion GJOW
3015 Meltose tndu5tEie5 (hd
42656 AretemisCorp)w Br￿d Fund
Phtxnix Grw)
J740 Gra￿￿e[ord
TB EV￿￿eGIO￿l 11￿41)e C
48980 Llontrua GldMI F￿d M
231V)3 Utban Lo8i5tiLS REIT
TP ICAPord
7123 Close Brothrts GTOUP
33488 TIojaD X Incoll
23697 Lloyds BamkGTfW)
3092 Beaiiie
VistyGroup
Rathtthe Ethi¢81
34307 BaillicGifford
47758 Baillie Gitrord RwDsble Equity
546n ARC TIME
TB GuwessGlob8]
29J35.62
20,772.72
13.638.9)
1361.56
2019.58
1315.04
4J6.76
2253.45
1625.71
2019.56
131375
32.9)
1189.95
73.39
693.03
264.fA)
530.78
113.93
236.54
435 91
631.69
217.88
731.98
264.57
408.78
891.
1318.52
165.07
31393.20
10273.95
194.79
5,719_66
7.IKI8.88
7.588.40
11390.63
6J51.6l
7225.68
543a4
12J.37
136.40
1210.18
639.76
202.40
9.113.33
10.678.LX)
22.410.43
J9.59YJ.78
17.107.10
39.444.29
255.78
421.78
888.15
1299.88
180.91
1844.12
167.fK)
201.96
1333.12
1429.83
9.888.56
230.76
1058.15
747.55
1404.(
525.11
481.28
168_17
597.16
324.66
80.611.n
29,420.48
6(A.71
470.58
40.94
504.75
36771
946.38
61279
1682 20
1345.53
1462.31
1648.97
304.1
176.75
106.54
197.40
179.72
5,661.22
42,516.90
11.305.84
10.240.70
39.521.87
78.372.26
49.811.95
2264.27
1695.n
2668.68
5.622.44
11.170.f4)
317.89
707.IJJ
17675 Life Seirnc¢ REIT
comp￿ Gi<w Otd
334 Whiibre*l (kd
17972 Panth¢on tnfr*tru¢
27.881 Piclct IDdian
13549 seraph￿ Skw¢ Inveyjue
Br￿d5 Group
5(M GSK Ckd
633 H¢ll & Smith
ishara CO[￿rAt¢ Bl￿d
LF Rll£Ytt DI￿lfIed
2529 Haleon
41093 Royal LoD(knI
36722 isharts UK Gilts
32139 dBlacktlKk iSFtsTc5c￿ Bond
226 ExwiaD
50 AstrazenwAa
2852 Legal & fjeDeral
46852 WS Evethkth
29674 WS Rutret
52609 WS Guuxss
10765 HSBC
2401 Fideliry
12211_04
15.096.48
2O.026_68
4.647Jl
5J9.16
132.94
170.13
120.27
328.94
93.21
7.3(y).01
12,077.64
279.T2
221.55
245.n
333.tY)
106.22
338.(
8,134.53
42.860.Sg
45.504.87
37234.53
7.236.52
5.3¢YJ.iKI
6.483.40
68.324.27
29.187.35
71,848.1 I
19J78.35
20.247.9)
I,¢YJ7.196.79
48.842.SYI
1 146 039.69
873.14
67.10
35.
147.43
358.19
227.78
357.80
34583.54
3(P)22.09
COIF lllcotDe Sb8t¢5
34595.26
3(Y)33.77
Msrka v8tu¢ 4 Jl DeCe￿bEr2022
£1,047,777.44
lThe SclK)ol Houx. W*￿rt
L8nd* Windmlll Farm. Wart
SCNI Hul t¥emis4 W¥b)
WJrtOD S¢￿1 Nw
DweltitLgkn [C￿)k51ey}
Crii¢hJ¢y
V*ani

SIR FRANCIS NETHERSOLE FOUP4DATION
Page 5
ACCOUNTANTS REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
In accordance with our engagement letter we have comptled the fin￿cial infom)ation of
The Francis Nethersole Foundation whi¢h comprises Receipts & Payment Accounts fn)m
the aceounling records and from inforn)aiion and explanations you have given io us.
The fuwicial infonnation is not intended io achieve full wmpliance with the provisions of
UK Generally Accepted Accounting Principle&
This report is made to you in accordance with the tem)s of our engagement. Our work has
been undertaken so that we might compile the fiEJan¢ial infonnation that we have been engaged
to compile. report to you that we have done so. and state those matters that we have agreed to
5tat¢ to you in this report and (or no other purpose. To the ￿lIest extent pemiitted by law.
we do noi accepi or assume ￿pOnSIbIlity to anyone other than The Fron¢is Nethersole Foundation,
for our work, or for this re￿rt.
We have catTied out this engagement in accordance with the technical guidance issued by
the Instinjie of Charter¢d Accountants in FJ)gland aThl Wales and hav¢ wmplied with the
ethical guidance laid down by the Institute.
You have approved the financial information for ihe period stated alK)ve and have
acknowledged your re5ponsibilty for it, for the appropriat¢n¢ss of th¢ accounting basis
and for providing all infonnation and ¢xpianalions necessary for it's compilation.
We have not vertfied ihe accuracy or completeness of the accounting records or inf0m￿tIOn
and explanations you have given to U5 and we do nol therefore. express any opinion on the
rjnancial infornrdiion.
Wright
Chart
d Accountants
2 Longrood Road
Bilton
RUGBY
Warwickshire CV22 7RG
Il July 2024