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2022-04-05-accounts

THE MISSES C.M.PEARSON & M.W.WILLIAMS CHARITABLE TRUST

Charity Commission Registered Number: 700652

REPORT OF THE TRUSTEES

for the year ended 5th April 2022

The principal address of the trust is:

Blackhams Lancaster House 67 Newhall Street Birmingham B3 1NR

The Trust is governed by a deed of trust dated 19 September 1988. The objects of the trust are widely drawn and the Trustees have their discretion under the Deed to make grants for the medical and health benefit of children and young people, the elderly and people with a disability or special needs. The Trustees do not have a reserves policy.

TRUSTEES

The trustees during the year were as follows:

T.P. Cuthbertson B.J. Pulley P.J. Smart

New Trustees are selected and appointed by the Board of Trustees.

ACTIVITIES AND ACHIEVEMENTS

During the year the Trustees received a number of applications for grants which will be processed in the next financial year. Grants made during the year amounted to £nil (2021: £15,000).

2nd February 2023

Signed

T.P. Cuthbertson

T.P. Cuthbertson ) ) ) B.J. Pulley ) Trustees ) ) P.J. Smart )

REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE MISSES C.M. PEARSON & M.W. WILLIAMS CHARITABLE TRUST

I report to the trustees on my examination of the accounts of the Trust for the year ended 5th April 2022.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMINER

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.

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the 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 can confirm that no material matters have come to my attention in connection with the examination which gives cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

G. WHITEHOUSE Chartered Tax Adviser Stowe House 1688 High Street Knowle West Midlands B93 0LY

2nd February 2023

THE MISSES C.M.PEARSON & M.W.WILLIAMS CHARITABLE TRUST

RECEIPTS AND PAYMENTS ACCOUNT

for the year to 5th April 2022
INCOME RECEIVED
Investment Income
Dividends received
Gross rental income
Interest received
Ground rents
Capital receipts
Disposal of investments
Disposal of properties
Total cash receipts
EXPENDITURE
Capital payments
Investment acquisitions
Charitable Payments/Grants
Orchestra of the Swan
Macular Society
Birmingham's Children's Hospital Charity
The Salvation Army
MACS Charity
Birmingham St Mary's Hospice
The TeddyRose Foundation
Solihull Mind
Autism West Midlands
West Midlands Air Ambulance
Management & Administration
Legal fees - Blackhams
Accountancy fees - Arundales
Independent Examiner fees
Disposal of property expenses
Property expenses
Sundry expenses
£ p
£ p
£ p
£ p
9,743.90
8,518.81
15,540.00
15,375.36
-
-
120.00
160.68
25,403.90
24,054.85
1,090.29
4,361.96
-
11,011.00
1,090.29
15,372.96
26,494.19
39,427.81
-
-
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
15,000.00
12,540.00
11,523.00
5,640.00
-
600.00
-
-
1,986.00
9,820.80
6,808.49
480.00
348.61
29,080.80
20,666.10
29,080.80
35,666.10
2022
2021
£ p
£ p
£ p
£ p
9,743.90
8,518.81
15,540.00
15,375.36
-
-
120.00
160.68
25,403.90
24,054.85
1,090.29
4,361.96
-
11,011.00
1,090.29
15,372.96
26,494.19
39,427.81
-
-
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
1,500.00
-
15,000.00
12,540.00
11,523.00
5,640.00
-
600.00
-
-
1,986.00
9,820.80
6,808.49
480.00
348.61
29,080.80
20,666.10
29,080.80
35,666.10
2022
2021
39,427.81
-
15,000.00
20,666.10
35,666.10

THE MISSES C.M.PEARSON & M.W.WILLIAMS CHARITABLE TRUST

STATEMENT OF ASSETS AND LIABILITIES

at 5th April 2022

STATEMENT OF ASSETS AND LIABILITIES
at 5th April 2022
2022 2021
£ p £ p
Bank and Building Society Deposits
Amounts due from Fishers letting agent account - -
Handelsbanken 17,619.27 19,732.73
EFG Harris Allday (749.25) (276.10)
16,870.02 19,456.63
Quoted Investments
STATEMENT OF ASSETS AND LIABILITIES
at 5th April 2022
Bank and Building Society Deposits
Amounts due from Fishers letting agent account
Handelsbanken
EFG Harris Allday
Quoted Investments
2022
£ p
-
17,619.27
(749.25)
16,870.02
2021
£ p
-
19,732.73
(276.10)
19,456.63
Shares/Units
No.
Aviva plc
8 3/8% cumulative irredeemable pref shares of £1
3,735
Barclays plc
ordinary shares of 25p
4,385
BHP Group Ltd
ordinary shares of n.p.v.
498
Civitas Social Housing plc
ordinary shares of 1p
7,400
Diverse Income Trust plc
ordinary shares of 0.1p
10,030
Edinburgh Worldwide Investment Trust plc
ordinary shares of 1p
10,660
F&C Investment Trust plc
ordinary shares of 25p
1,600
Fidelity European Trust plc
ordinary shares of 2.5p
2,290
GCP Infrastructure Investments Ltd
ordinary shares of 1p
9,400
Henderson Global Growth Fund
accumulation units
47.64
Henderson Global Technology Fund
class "A" units
741.00
Henderson High Income Trust plc
ordinary shares of 5p
9,450
Henderson Investment Funds Ltd
UK Alpha Fund E accumulation shares
2,947.96
HICL Infrastructure plc
ordinary shares of 0.01p
4,700
HSBC Holdings plc
ordinary shares of US $0.50
1,200
Invesco Bond Income Plus Ltd
ordinary shares of n.p.v.
3,000
Invesco Select Trust plc
ordinary shares of 1p
4,828
Jackson Financial Inc
class A common stock
18
JPMorgan Emerging Mkts Invm't Trust plc
ordinary shares of 2.5p
7,000
JPMorgan Indian Investment Trust plc
ordinary shares of 25p
1,610
Lloyds Banking Group plc
ordinary shares of 10p
3,825
M&G plc
ordinary shares of 5p
750
Martin Currie Asia Unconstrained Fund X
accumulation shares
28,799.261
Melrose Industries plc
ordinary shares of 160/21p
3,231
Pepsico Inc
common stock units of US $0.0166
115
Polar Capital Technology Trust plc
ordinary shares of 25p
1,230
Prudential plc
ordinary shares of 5p
750
Residential Secure Income plc
ordinary shares of 1p
6,500
RSA Insurance Group Ltd
7 3/8% cumulative irredeemable pref shares of £1
7,190
Sage Group plc
ordinary shares of 1 4/77p
3,436
Schroder Tokyo Fund Z
accumulation units
2,889.28
Scottish American Investment Trust plc
ordinary shares of 25p
1,500
Scottish Mortgage Investment Trust plc
ordinary shares of 5p
3,500
Sequoia Economic Infrastructure Inc Fd Ltd
ordinary shares of n.p.v.
10,615
SLF Realisation Fund Ltd
shares of n.p.v.
4,300
Smiths Group plc
ordinary shares of 37½p
466
South32 Ltd
ordinary shares of n.p.v.
498
Templeton Emerging Mkts Invm't Trust plc
ordinary shares of 5p
2,925
Unilever plc
ordinary shares of 3 1/9p
284

THE MISSES C.M.PEARSON & M.W.WILLIAMS CHARITABLE TRUST

STATEMENT OF ASSETS AND LIABILITIES (continued)

at 5th April 2022

Properties

Freehold Property

Freehold Ground Rents

Leasehold Property

Flat 5, 49 Wentworth Road and Garage, Harborne, Birmingham, B17 9SS

Notes:

  1. T.P. Cuthbertson, a trustee of the trust, was the sole principal of Blackhams for the period 6th April 2017 to 12th April 2017. He became a partner of Blackhams on 13th April 2017 and of Bradley & Cuthbertson LLP t/a Blackhams on 1st June 2017.

  2. P.J. Smart, a trustee of the trust, is an associate in Blackhams.

  3. B.J. Pulley, a trustee of the trust, is a consultant in Arundales (retired 28th February 2021).