2024-04-05-accounts

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 06 04 2023 To 05 04 2024

Section A Reference and administration details

Charity name The Tracy Trust Other names charity is known by 803103 Charity's principal address 9 Hedgerley Hill Hedgerley Bucks Postcode SL2 3RJ ~~—~~

Other names charity is known by

Registered charity number (if any) 803103

Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
Vanessa Pilgerstorfer	Chair
2 Gail Hurst	Vice Chair
3 Jim Cannon
4 AnthonyReading		30thJune 2023
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20 ~~ee~~	~~ee~~	~~ee~~	~~ee~~

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Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

DECLARATION OF TRUST 8TH MARCH 1990

• (eg. trust deed, constitution)

How the charity is constituted

Trust

• (eg. trust, association, company)

Trustee selection methods

Appointed by other Trustees

• (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

• policies and procedures adopted for the induction and training of trustees;

• the charity’s organisational structure and any wider network with which the charity works;

• relationship with any related parties;

• trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

TO RELIEVE THE SENIOR CITIZENS AND PENSIONERS IN NEED WHO ARE RESIDENT IN THE PARISH OF HEDGERLEY BUCKINGHAMSHIRE.

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Provision of financial assistance for medical expenses and other valid financial requests. Provision of transport services, a local centre for social gatherings, personal aid alarms and the staging of sundry other social events and activities to encourage social interaction. Bereavement counselling is also available from a professional counsellor.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

• policy on grantmaking;

• policy programme related investment;

• contribution made by volunteers.

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Section D Achievements and performance

Providing post-covid support through the reactivation of classes and Summary of the main social gatherings, medical and shopping transportation, individual achievements of the charity financial assistance where necessary. New events were introduced during the year during the year. Restart of the annual Christmas party.

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Section E Financial review

Brief statement of the We ensure that the charity’s funds are well invested and are sufficient for charity’s policy on reserves present and future needs.

Details of any funds materially in deficit

None

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has supported the key objectives of the charity;

• investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Rainer Struck Position (eg Secretary, Chair, Treasurer

etc)

Date 7th October 2024

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The Tracy Trust investment portfolio

Date	Investment	Quantty	Transacton	Total Cost
5-Apr-23	Cost basis brought forward			£ 1,005,345.31
25-Aug-23	Fundsmith Emerging Equites	Liquidaton		£ 1,005,345.31
22-Sep-23	Aviva 8.75% Preference Shares	24,000	£ 30,987.78	£ 1,036,333.09
24-Nov-23	Aviva	2,408	£ 10,391.40	£ 1,046,724.49
24-Nov-23	Diageo	350	£ 10,089.75	£ 1,056,814.24
26-Feb-24	JP Morgan American Invest. Tr.	2,500	£ 23,813.24	£ 1,080,627.48

	Stamp Client	Commission	Compliance
Price	Consideraton Levy Duty Commission	%	Charge
1.278958333	£ 30,695.00 £ - £ - £ 272.78	0.89%	£ 20.00
4.233567	£ 10,194.43 £ 1.00 £ - £ 175.97	1.73%	£ 20.00
28.275899	£ 9,896.56 £ - £ - £ 173.19	1.75%	£ 20.00
9.44605	£ 23,615.13 £ 1.00 £ - £ 177.11	0.75%	£ 20.00

Total Transaction

£ 30,987.78 £ 10,391.40 £ 10,089.75 £ 23,813.24

Cash movements

Cash movements
	Year ended 5th April 2025				Year ended 5th April 2024
Walker Crips Cash Balances	Total	Capital	Income		Total	Capital	Income
Brought forward Interest & Dividends Sub-total Sub-total Transfer to local funds Sub-total Investments bought Sub-total Investments sold Sub-total Capital/Income transfers Adjustment Carried forward Management Fees	£ 46,518.44 -£ 0.00 £ 46,518.44 £ 4,082.71 £ - £ 4,082.71 £ 50,601.15 -£ 0.00 £ 50,601.15 -£ 1,265.26 -£ 1,265.26 £ 49,335.89 -£ 0.00 £ 49,335.89 -£ 5,000.00 -£ 5,000.00 £ 44,335.89 -£ 0.00 £ 44,335.89 £ - £ - £ - £ 44,335.89 -£ 0.00 £ 44,335.89 £ - £ - £ 44,335.89 -£ 0.00 £ 44,335.89 £ - £ - £ - £ - £ - £ 44,335.89 -£ 0.00 £ 44,335.89 Fee notes from Walker Crips: 22-Apr-24 £ 1,265.26 Page Total £ 1,265.26 Transfers to local HSBC account: 11-Apr-24 £ 5,000.00

Total £ 5,000.00 Total £ 20,000.00

l 2023		Year ended	5th April 2022	5th April 2022
Income			Total
£ 32,622.77		6-Apr-21	£ 17,235.93
£ 52,490.10		Interest & Dividends	£ 44,118.68
		Adjustment - see below	-£ 1,212.74
-£ 6,000.00		Less :Fees	-£ 6,000.00
£ 79,112.87		Sub-total	£ 54,141.87
-£ 20,000.00		Transfer to local funds	-£ 20,000.00
£ 59,112.87		Sub-total	£ 34,141.87
£ -		Investments bought	-£ 34,365.01
£ 59,112.87			-£ 223.14
		Investments sold	£ 32,845.91
£ 59,112.87			£ 32,622.77
£ 9,247.31
£ 0.13
£ 68,360.31		6-Apr-22	£ 32,622.77
		Adjustments
		£ 1,221.61 Prudental dividend 13/9/21		(page 5 of 13)
£ 68,360.31
		-£ 8.87 Setlement 18/10/21		(page 22 of 25)
		£ 1,212.74	£1491.13 - fees 28/10//21

Tracy Trust - portfolio analysis

						05/04/2024 -	Client Pack	Client Pack				05/01/2024 -	Client Pack	Client Pack
				Quantty	Cost	Price	Exchange	Value	Gain/Loss	Quantty	Cost	Price	Exchange	Value	Gain/Loss
Equites	Preference Sh.	Aviva 8.75%		24,000	£ 30,988	£ 1.300		£ 31,200	£212	24,000	£ 30,988	£ 1.313		£ 31,500	£512
	Oil Integrated	BP		4,500	£ 24,846	£ 5.0610		£ 22,775	-£2,072	4,500	£ 24,846	£ 4.7385		£ 21,323	-£3,523
		Shell		1,750	£ 38,673	£ 27.800		£ 48,650	£9,977	1,750	£ 38,673	£ 25.710		£ 44,993	£6,319
	Constructon	Barrat		6,000	£ 20,415	£ 4.655		£ 27,930	£7,515	6,000	£ 20,415	£ 5.464		£ 32,784	£12,369
	Chemicals	Croda		942	£ 18,033	£ 45.480		£ 42,842	£24,809	942	£ 18,033	£ 46.400		£ 43,709	£25,676
	Diversifed	Smith (DS)		6,000	£ 29,783	£ 4.100		£ 24,600	-£5,183	6,000	£ 29,783	£ 2.997		£ 17,982	-£11,801
	Engineering	Weir Group		1,500	£ 14,405	£ 20.440		£ 30,660	£16,255	1,500	£ 14,405	£ 18.515		£ 27,773	£13,368
	Beverages	Diageo		1,550	£ 30,476	£ 28.495		£ 44,167	£13,691	1,550	£ 30,476	£ 27.650		£ 42,858	£12,382
	Food producersNestle			400	£ 14,331	92.92 CHF	£ 1.1401	£ 32,600	£18,268	400	£ 14,331	98.63 CHF	£ 1.0815	£ 36,478	£22,146
	Household	Reckit Benckiser		450	£ 17,734	£ 42.750		£ 19,238	£1,503	450	£ 17,734	£ 55.120		£ 24,804	£7,070
		Unilever		1,300	£ 29,658	£ 38.370		£ 49,881	£20,223	1,300	£ 29,658	£ 38.290		£ 49,777	£20,119
	Health Care	Worldwide Health		15,500	£ 40,126	£ 3.300		£ 51,150	£11,024	15,500	£ 40,126	£ 3.115		£ 48,283	£8,156
	Pharma	Astrazeneca		550	£ 26,356	£ 106.200		£ 58,410	£32,054	550	£ 26,356	£ 107.580		£ 59,169	£32,813
		GSK		960	£ 17,288	£ 16.295		£ 15,643	-£1,645	960	£ 17,288	£ 15.412		£ 14,796	-£2,492
		Haleon		1,200	£ 3,836	£ 3.2590		£ 3,911	£75	1,200	£ 3,836	£ 3.3085		£ 3,970	£135
	Tobacco	BAT		500	£ 10,767	£ 23.290		£ 11,645	£878	500	£ 10,767	£ 23.600		£ 11,800	£1,033
	Mining	BHP		1,700	£ 9,458	£ 22.850		£ 38,845	£29,387	1,700	£ 9,458	£ 25.990		£ 44,183	£34,725
		Rio Tinto		1,050	£ 28,102	£ 49.745		£ 52,232	£24,130	1,050	£ 28,102	£ 57.000		£ 59,850	£31,748
		Woodside Energy		307	£ 5,249	£ 15.920		£ 4,887	-£362	307	£ 5,249	£ 16.590		£ 5,093	-£156
	Pubs & Rest.	Whitbread		1,000	£ 14,835	£ 31.980		£ 31,980	£17,145	1,000	£ 14,835	£ 35.590		£ 35,590	£20,755
	Support Serv.	Ashtead		650	£ 34,365	£ 57.020		£ 37,063	£2,698	650	£ 34,365	£ 50.980		£ 33,137	-£1,228
		Experian		1,850	£ 14,637	£ 33.910		£ 62,734	£48,097	1,850	£ 14,637	£ 30.920		£ 57,202	£42,565
	UK REITS	Britsh Land		4,500	£ 29,977	£ 3.852		£ 17,334	-£12,643	4,500	£ 29,977	£ 3.954		£ 17,793	-£12,184
	Electricity	SSE		2,000	£ 25,223	£ 15.895		£ 31,790	£6,567	2,000	£ 25,223	£ 18.580		£ 37,160	£11,937
	Mult Utlites	Natonal Grid		3,666	£ 22,627	£ 10.330		£ 37,870	£15,243	3,666	£ 22,627	£ 10.750		£ 39,410	£16,783
	Water	United Utlites		2,250	£ 12,581	£ 10.235		£ 23,029	£10,448	2,250	£ 12,581	£ 10.575		£ 23,794	£11,213
	Life Assurance	Aviva		7,500	£ 29,207	£ 4.904		£ 36,780	£7,573	7,500	£ 29,207	£ 4.333		£ 32,498	£3,291
	Financial Serv.	M&G		11,500	£ 25,080	£ 2.0840		£ 23,966	-£1,114	11,500	£ 25,080	£ 2.2500		£ 25,875	£795
	Property	Crest Nicholson		4,600	£ 20,443	£ 1.8700		£ 8,602	-£11,841	4,600	£ 20,443	£ 2.1600		£ 9,936	-£10,507
	Investment Tr.	Edinburgh		4,700	£ 20,155	£ 1.444		£ 6,787	-£13,368	4,700	£ 20,155	£ 1.494		£ 7,022	-£13,133
		Fundsmith Emerging
		Int'l Biotech		4,250	£ 26,227	£ 6.400		£ 27,200	£973	4,250	£ 26,227	£ 6.360		£ 27,030	£803
		Int'l Public Partn.		18,500	£ 28,636	£ 1.250		£ 23,125	-£5,511	18,500	£ 28,636	£ 1.348		£ 24,938	-£3,698
		J P Morgan USA		16,500	£ 53,162	£ 9.780		£ 161,370	£108,208	14,000	£ 29,349	£ 8.430		£ 118,020	£88,671
		J P Morgan Emerg		13,125	£ 20,143	£ 1.048		£ 13,755	-£6,388	13,125	£ 20,143	£ 1.030		£ 13,519	-£6,624
		Mercantle		45,000	£ 70,497	£ 2.220		£ 99,900	£29,403	45,000	£ 70,497	£ 2.120		£ 95,400	£24,903
		Polar Capital		6,200	£ 19,412	£ 29.950		£ 185,690	£166,278	6,200	£ 19,412	£ 24.600		£ 152,520	£133,108
		Scotsh Mortg.		10,000	£ 51,568	£ 8.576		£ 85,760	£34,192	10,000	£ 51,568	£ 7.538		£ 75,380	£23,812
		Smithson		3,000	£ 30,712	£ 14.140		£ 42,420	£11,708	3,000	£ 30,712	£ 13.380		£ 40,140	£9,428
	Unit Trusts	Fundsmith		19,932	£ 21,518	£ 6.3512		£ 126,589	£105,072	19,932	£ 21,518	£ 5.7996		£ 115,598	£94,080
	Open Ended	Fundsmith		26,750	£ 56,549	£ 6.345		£ 169,721	£113,172	26,750	£ 56,549	£ 5.795		£ 155,019	£98,470
	Infrastructure	HICL Infrastr.		27,250	£ 42,550	£ 1.250		£ 34,063	-£8,488	27,250	£ 42,550	£ 1.364		£ 37,169	-£5,381
					£ 1,080,628			£ 1,898,792	£818,164		£ 1,056,815			£ 1,795,271	£738,456
Investment	cost:	Start of year			£ 1,005,345						£ 1,005,345
		Purchases			£ 75,282						£ 51,469
		Total			£ 1,080,628						£ 1,056,815

,Portfolio 10/07/2024,12:06:34

Page 7 of 29

OK Cash Capital £ - Income £ 46,518 £ 1,127,146 From 5/4/23 Cash movements: A. Investments bought: -£75,282(See below) B. Investments sold: £945 (See below) C. Income: £47,751 (See below) D. Fees: -£6,000 E. Transfers to local funds: -£20,000 Value: F. Total valuaton change - unrealised: G. Realised gains/losses: H. Adjustment?????? Sub-total -£ 52,586 Totals brought forward Cash £ 99,104 Totals carried forward £ 46,518 OK £ 46,518.44 Income details: £ 46,518.00 £ 0.44 Income from: 6-Apr-23 to: 5-Jul-23 July pack (online): Page: 22 £ 13,631.83 Adjustment for interest credit Page 21: 1/4/23 to 30/6/23 £ 811.35	OK £ - £ 46,518 £ 1,127,146	£ - £ 46,518
		£ 1,945,310
	From 5/4/23
		-£75,282 £945 £47,751 -£6,000 -£20,000 £213,493 £0
	-£ 52,586 £ 99,104	£ 160,907 £ 1,784,403
	£ 46,518	£ 1,945,310
	OK £ 46,518.44 £ 46,518.00 £ 0.44 £ 13,631.83	OK

Cash 22 £ 811.35	OK £ - £ 68,230 £ 1,125,045	£ - £ 68,230
		£ 1,863,501
	From 5/4/23
	-£51,469(See below) £945 (See below) £39,150 (See below) -£4,500 -£15,000	-£51,469 £945 £39,150 -£4,500 -£15,000 £109,972 £0
	-£ 30,874 £ 99,104	£ 79,098 £ 1,784,403
	£ 68,230	£ 1,863,501
	OK £ 68,230.04 £ 68,230.00 £ 0.04 £ 13,631.83	OK

,Portfolio 10/07/2024,12:06:34

Page 8 of 29

		05/10/2023(version received 11/11/23)	05/10/2023(version received 11/11/23)	05/10/2023(version received 11/11/23)	05/10/2023(version received 11/11/23)			05/10/2023(original)	05/10/2023(original)				10-Aug-23	10-Aug-23
Quantty		Cost	Price	Exchange	Value	Gain/Loss	Quantty	Cost Price	Exchange	Value	Gain/Loss	Quantty	Cost Price	Exchange
24,000	£	30,988	£ 1.250		£ 30,000	-£988	24,000	£ 30,988 £ 1.250		£ 30,000	-£988
4,500	£	24,846	£ 4.9905		£ 22,457	-£2,389	4,500	£ 24,846 £ 4.991		£ 22,457	-£2,389	4,500	£ 24,846 £ 4.909
1,750	£	38,673	£ 25.325		£ 44,319	£5,646	1,750	£ 38,673 £ 25.325		£ 44,319	£5,646	1,750	£ 38,673 £ 24.325
6,000	£	20,415	£ 4.186		£ 25,116	£4,701	6,000	£ 20,415 £ 4.186		£ 25,116	£4,701	6,000	£ 20,415 £ 4.588
942	£	18,033	£ 47.340		£ 44,594	£26,561	942	£ 18,033 £ 47.340		£ 44,594	£26,561	942	£ 18,033 £ 56.400
6,000	£	29,783	£ 2.792		£ 16,752	-£13,031	6,000	£ 29,783 £ 2.792		£ 16,752	-£13,031	6,000	£ 29,783 £ 3.000
1,500	£	14,405	£ 18.225		£ 27,338	£12,933	1,500	£ 14,405 £ 18.225		£ 27,338	£12,933	1,500	£ 14,405 £ 18.450
1,200	£	20,387	£ 30.555		£ 36,666	£16,279	1,200	£ 20,387 £ 30.555		£ 36,666	£16,279	1,200	£ 20,387 £ 34.065
400	£	14,331	102.90 CHF	£ 1.1123	£ 37,004	£22,672	400	£ 14,331 102.90 CHF	£ 1.1123	£ 37,004	£22,672	400	£ 14,331 105.04 CHF	£ 1.1113
450	£	17,734	£ 58.200		£ 26,190	£8,456	450	£ 17,734 £ 58.200		£ 26,190	£8,456	450	£ 17,734 £ 57.960
1,300	£	29,658	£ 40.305		£ 52,397	£22,739	1,300	£ 29,658 £ 40.305		£ 52,397	£22,739	1,300	£ 29,658 £ 41.405
15,500	£	40,126	£ 3.025		£ 46,888	£6,761	15,500	£ 40,126 £ 3.025		£ 46,888	£6,761	15,500	£ 40,126 £ 3.070
550	£	26,356	£ 109.020		£ 59,961	£33,605	550	£ 26,356 £ 109.020		£ 59,961	£33,605	550	£ 26,356 £ 111.620
960	£	17,288	£ 14.830		£ 14,237	-£3,051	960	£ 17,288 £ 14.830		£ 14,237	-£3,051	960	£ 17,288 £ 13.876
1,200	£	3,836	£ 3.3625		£ 4,035	£199	1,200	£ 3,836 £ 3.3625		£ 4,035	£199	1,200	£ 3,836 £ 3.3615
500	£	10,767	£ 25.085		£ 12,543	£1,775	500	£ 10,767 £ 25.085		£ 12,543	£1,775	500	£ 10,767 £ 25.945
1,700	£	9,458	£ 22.685		£ 38,565	£29,107	1,700	£ 9,458 £ 22.685		£ 38,565	£29,107	1,700	£ 9,458 £ 23.495
1,050	£	28,102	£ 49.575		£ 52,054	£23,952	1,050	£ 28,102 £ 49.575		£ 52,054	£23,952	1,050	£ 28,102 £ 47.930
307	£	5,249	£ 17.880		£ 5,489	£240	307	£ 5,249 £ 17.880		£ 5,489	£240	307	£ 5,249 £ 19.930
1,000	£	14,835	£ 33.170		£ 33,170	£18,335	1,000	£ 14,835 £ 33.170		£ 33,170	£18,335	1,000	£ 14,835 £ 35.270
650	£	34,365	£ 47.790		£ 31,064	-£3,302	650	£ 34,365 £ 47.790		£ 31,064	-£3,302	650	£ 34,365 £ 57.080
1,850	£	14,637	£ 27.190		£ 50,302	£35,665	1,850	£ 14,637 £ 27.190		£ 50,302	£35,665	1,850	£ 14,637 £ 29.250
4,500	£	29,977	£ 3.121		£ 14,045	-£15,933	4,500	£ 29,977 £ 3.121		£ 14,045	-£15,933	4,500	£ 29,977 £ 3.345
2,000	£	25,223	£ 15.145		£ 30,290	£5,067	2,000	£ 25,223 £ 15.145		£ 30,290	£5,067	2,000	£ 25,223 £ 16.460
3,666	£	22,627	£ 9.476		£ 34,739	£12,112	3,666	£ 22,627 £ 9.476		£ 34,739	£12,112	3,666	£ 22,627 £ 9.896
2,250	£	12,581	£ 9.332		£ 20,997	£8,416	2,250	£ 12,581 £ 9.332		£ 20,997	£8,416	2,250	£ 12,581 £ 9.718
5,092	£	18,815	£ 3.883		£ 19,772	£957	5,092	£ 18,815 £ 3.883		£ 19,772	£957	5,092	£ 18,815 £ 3.873
11,500	£	25,080	£ 1.9155		£ 22,028	-£3,051	11,500	£ 25,080 £ 1.9155		£ 22,028	-£3,051	11,500	£ 25,080 £ 1.9815
4,600	£	20,443	£ 1.671		£ 7,687	-£12,756	4,600	£ 20,443 £ 1.671		£ 7,687	-£12,756	4,600	£ 20,443 £ 2.104
4,700	£	20,155	£ 1.326		£ 6,232	-£13,923	4,700	£ 20,155 £ 1.326		£ 6,232	-£13,923	4,700	£ 20,155 £ 1.484
4,250	£	26,227	£ 6.000		£ 25,500	-£727	4,250	£ 26,227 £ 6.000		£ 25,500	-£727	4,250	£ 26,227 £ 6.240
18,500	£	28,636	£ 1.200		£ 22,200	-£6,436	18,500	£ 28,636 £ 1.200		£ 22,200	-£6,436	18,500	£ 28,636 £ 1.312
14,000	£	29,349	£ 7.840		£ 109,760	£80,411	14,000	£ 29,349 £ 7.840		£ 109,760	£80,411	14,000	£ 29,349 £ 7.910
13,125	£	20,143	£ 0.995		£ 13,059	-£7,084	13,125	£ 20,143 £ 0.995		£ 13,059	-£7,084	13,125	£ 20,143 £ 1.072
45,000	£	70,497	£ 1.892		£ 85,140	£14,643	45,000	£ 70,497 £ 1.892		£ 85,140	£14,643	45,000	£ 70,497 £ 2.005
6,200	£	19,412	£ 22.000		£ 136,400	£116,988	6,200	£ 19,412 £ 22.000		£ 136,400	£116,988	6,200	£ 19,412 £ 22.000
10,000	£	51,568	£ 6.674		£ 66,740	£15,172	10,000	£ 51,568 £ 6.674		£ 66,740	£15,172	10,000	£ 51,568 £ 6.884
3,000	£	30,712	£ 12.540		£ 37,620	£6,908	3,000	£ 30,712 £ 12.540		£ 37,620	£6,908	3,000	£ 30,712 £ 13.870
19,932	£	21,518	£ 5.5763		£ 111,147	£89,629	19,932	£ 21,518 £ 5.5763		£ 111,147	£89,629	19,932	£ 21,518 £ 5.7605
26,750	£	56,549	£ 5.570		£ 148,992	£92,443	26,750	£ 56,549 £ 5.570		£ 148,992	£92,443	26,750	£ 56,549 £ 5.755
27,250	£	42,550	£ 1.194		£ 32,537	-£10,014	27,250	£ 42,550 £ 1.194		£ 32,537	-£10,014	27,250	£ 42,550 £ 1.288
	£	1,036,334			£ 1,656,022	£619,688		£ 1,036,334		£ 1,656,022	£619,688		£ 1,005,346
	£	1,005,345
	£	30,988
	£	1,036,334

,Portfolio 10/07/2024,12:06:34

Page 9 of 29

Cash	OK £ - £ - £ 85,381 £ 85,381 £ 3,194,383 £ 1,741,403 From 5/4/23 -£30,988 -£30,988 £945 (Fundsmith Emerging EQ) £945 £29,320 £29,320 -£3,000 -£3,000 -£10,000 -£10,000 -£29,277 £0 -£ 13,723 -£ 43,000 £ 99,104 £ 1,784,403 Cash £ 85,381 £ 1,741,403 OK OK	£ - £ - £ 84,351 £ 84,351 £ 1,120,685 £ 1,740,373 -£30,988 -£30,988 £0 £0 £10,839 £10,839 £0 £0 -£5,000 -£5,000 -£37,548 £0 -£ 25,149 -£ 62,697 £ 109,500 £ 1,803,070 Cash £ 84,351 £ 1,740,373 OK OK	£ 27,744 £ 81,756 £ 1,114,846 £0 £0 £5,077 -£1,500 £0
			£ 3,577 £ 105,923
			£ 109,500
			OK

22 £ 13,631.83 £ 811.35

,Portfolio 10/07/2024,12:06:34

Page 10 of 29

				12-Jul-23
	Value	Gain/Loss		Cost Value	Gain/Loss
£	22,091	-£2,756	£	24,846 £ 21,004	-£3,842
£	42,569	£3,896	£	38,673 £ 41,160	£2,487
£	27,528	£7,113	£	20,415 £ 25,080	£4,665
£	53,129	£35,096	£	18,033 £ 54,014	£35,981
£	18,000	-£11,783	£	29,783 £ 17,130	-£12,653
£	27,675	£13,270	£	14,405 £ 26,543	£12,138
£	40,878	£20,491	£	20,387 £ 39,732	£19,345
£	37,808	£23,477	£	14,331 £ 37,184	£22,853
£	26,082	£8,348	£	17,734 £ 25,857	£8,123
£	53,827	£24,169	£	29,658 £ 51,786	£22,128
£	47,585	£7,459	£	40,126 £ 47,663	£7,537
£	61,391	£35,035	£	26,356 £ 56,364	£30,008
£	13,321	-£3,967	£	17,288 £ 12,785	-£4,503
£	4,034	£198	£	3,836 £ 3,757	-£79
£	12,973	£2,205	£	10,767 £ 12,955	£2,188
£	39,942	£30,484	£	9,458 £ 39,661	£30,203
£	50,327	£22,225	£	28,102 £ 53,970	£25,868
£	6,119	£869	£	5,249 £ 5,716	£467
£	35,270	£20,435	£	14,835 £ 33,830	£18,995
£	37,102	£2,737	£	34,365 £ 35,217	£852
£	54,113	£39,476	£	14,637 £ 53,965	£39,328
£	15,053	-£14,925	£	29,977 £ 14,567	-£15,410
£	32,920	£7,697	£	25,223 £ 35,450	£10,227
£	36,279	£13,652	£	22,627 £ 36,972	£14,345
£	21,866	£9,285	£	12,581 £ 21,411	£8,830
£	19,721	£906	£	18,815 £ 19,864	£1,049
£	22,787	-£2,292	£	25,080 £ 21,890	-£3,190
£	9,678	-£10,765	£	20,443 £ 8,676	-£11,767
£	6,975	-£13,180	£	20,155 £ 6,636	-£13,519
			£	- £ -	£0
£	26,520	£293	£	26,227 £ 27,795	£1,568
£	24,272	-£4,364	£	28,636 £ 24,494	-£4,142
£	110,740	£81,391	£	29,349 £ 106,260	£76,911
£	14,070	-£6,073	£	20,143 £ 13,598	-£6,545
£	90,225	£19,728	£	70,497 £ 87,030	£16,533
£	136,400	£116,988	£	19,412 £ 136,710	£117,298
£	68,840	£17,272	£	51,568 £ 65,940	£14,372
£	41,610	£10,898	£	30,712 £ 41,970	£11,258
£	114,818	£93,301	£	21,518 £ 111,043	£89,525
£	153,938	£97,389	£	56,549 £ 148,891	£92,342
£	35,098	-£7,452	£	42,550 £ 35,698	-£6,852
£	1,693,570	£688,224	£	1,005,346 £ 1,660,268	£ 654,922

,Portfolio 10/07/2024,12:06:34

Page 11 of 29

£ 27,744 £ 81,756 £ 1,803,070 £0 £0 £5,077 -£1,500 £0 £33,302 £0 £ 36,879 £ 1,766,191 £ 1,803,070 OK	£ 29,244 £ 29,244 £ 76,679 £ 76,679 £ 1,111,269 £ 1,766,191 £0 £0 £0 £0 £13,319 £13,319 -£1,500 -£1,500 -£5,000 -£5,000 -£25,031 £0
	£ 6,819 -£ 18,212 £ 1,104,450 £ 1,784,403
	£ 1,111,269 £ 1,766,191
	OK OK

,Portfolio 10/07/2024,12:06:34

Page 12 of 29

Tracy Trust dividend & interest income

	Year to 5th April	2024				Year to 5th April 202	Year to 5th April 202	Year to 5th April 202
Investment	Date Amount	Sub-total		Date	Amount		Sub-total
GSK	13-Apr-23 £ 132.00			11-Apr-24	£	153.60
Diageo	13-Apr-23 £ 369.96			17-Apr-24	£	496.78
Rio Tinto	20-Apr-23 £ 1,946.18			18-Apr-24	£	2,139.59
Crest Nicholson				23-Apr-24	£	529.00
JP Morgan Emer Mk	25-Apr-23 £ 76.13			26-Apr-24	£	78.75
Haleon	27-Apr-23 £ 28.80
M&G	27-Apr-23 £ 1,541.00
BATS	3-May-23 £ 288.60
Nestle	4-May-23 £ 688.26			24-Apr-24	£	684.99
Mercantle Inv	11-May-23 £ 1,395.00
Aviva Ord.	18-May-23 £ 1,054.04
Barrat	18-May-23 £ 612.00
Reckit Benckiser	24-May-23 £ 496.35
Croda	26-May-23 £ 574.62
JPM Amer	31-May-23 £ 665.00
Weir	5-Jun-23 £ 289.50
Internatonal PP	7-Jun-23 £ 715.95
Unilever	15-Jun-23 £ 491.79
BP	23-Jun-23 £ 238.90
Shell	26-Jun-23 £ 402.33
HICL Infrast.	30-Jun-23 £ 383.57
HICL Infrast.	30-Jun-23 £ 180.50
Cash - interest	1-Jul-23 £ 811.35
Scotsh Mort.	4-Jul-23 £ 250.00	£ 13,631.83					£ 4,082.71
Cash - interest adj.	1-Jul-23 £ 51.58	£ 51.58					£ -
Whitbread	7-Jul-23 £ 498.00
GSK	13-Jul-23 £ 134.40
Experian	21-Jul-23 £ 549.24
Worldwide Health	26-Jul-23 £ 372.00
Britsh Land	28-Jul-23 £ 496.80
United Utlites	1-Aug-23 £ 682.65
Mercantle Inv	1-Aug-23 £ 652.50
Natonal Grid	9-Aug-23 £ 1,378.42
BATS	18-Aug-23 £ 288.60
Internatonal BioTec	25-Aug-23 £ 603.50
Fundsmith LLP	31-Aug-23 £ 127.06
Unilever	31-Aug-23 £ 481.00
Fundsmith Eqt	1-Sep-23 £ 130.81
Astra Zeneca	11-Sep-23 £ 394.90
Ashtead	12-Sep-23 £ 437.13
Reckit Benckiser	15-Sep-23 £ 344.70
Shell	18-Sep-23 £ 457.10
Rio Tinto	21-Sep-23 £ 1,445.54

SSE 21-Sep-23 £ 1,354.00 BP 22-Sep-23 £ 257.94 BHP 28-Sep-23 £ 1,089.26 Woodside Energy 28-Sep-23 £ 192.95 HICL Infrast. 29-Sep-23 £ 11.23 HICL Infrast. 29-Sep-23 £ 550.12 Cash - interest 1-Oct-23 £ 978.82 Croda 3-Oct-23 £ 442.74 DS Smith 3-Oct-23 £ 720.00 Aviva Ord. 5-Oct-23 £ 565.21 £ 15,636.62 JP Morgan Amer. 6-Oct-23 £ 350.00 Haleon 6-Oct-23 £ 21.60 GSK 12-Oct-23 £ 134.40 Diageo 12-Oct-23 £ 590.04 Crest Nicholson 13-Oct-23 £ 253.00 Mercantl Inv. 1-Nov-23 £ 652.50 Barrat 3-Nov-23 £ 1,410.00 Weir 3-Nov-23 £ 267.00 BATS 3-Nov-23 £ 288.60 M&G 3-Nov-23 £ 747.50 JP Morgan Emer. 10-Nov-23 £ 140.44 Internatonal PP 17-Nov-23 £ 751.10 Unilever 8-Dec-23 £ 482.95 Whitbread 8-Dec-23 £ 341.00 Scotsh Mort 15-Dec-23 £ 160.00 BP 19-Dec-23 £ 258.15 Shell 20-Dec-23 £ 460.43 HICL Infrast. 29-Dec-23 £ 314.36 HICL Infrast. 29-Dec-23 £ 246.99 Cash - interest 1-Jan-24 £ 362.47 Aviva Pref. 2-Jan-24 £ 1,050.00 Britsh Land 5-Jan-24 £ 547.20 £ 9,829.73 £ 39,149.76 Worldwide Health 11-Jan-24 £ 108.50 Natonal Grid 11-Jan-24 £ 711.20 GSK 11-Jan-24 £ 134.40 Internatonal BioTec 26-Jan-24 £ 590.75 D.S. Smith 31-Jan-24 £ 360.00 Mercantl Inv. 1-Feb-24 £ 652.50 United Utlites 1-Feb-24 £ 373.28 BATS 1-Feb-24 £ 288.60 Experian 2-Feb-24 £ 260.91 Ashtead 8-Feb-24 £ 80.60 Fundsmith LLP 28-Feb-24 £ 314.95 Fundsmith Eqt 28-Feb-24 £ 311.03 SSE 8-Mar-24 £ 400.00 Unilever 24-Mar-24 £ 474.11 Astra Zeneca 25-Mar-24 £ 858.00 Shell 25-Mar-24 £ 470.75

£ - £ -

£ 4,082.71

BHP Group 28-Mar-24 £ 957.07 HICL Infrast.- div. 28-Mar-24 £ 230.15 HICL Infrast.- int. 28-Mar-24 £ 331.20 BP 28-Mar-24 £ 256.15 Cash - interest 1-Apr-24 £ 293.76 Crest Nicholson Woodside Energy 4-Apr-24 £ 143.73 £ 8,601.64 £ - £ 47,751.40 £ 4,082.71

25	25
Δ - £	Δ - %
£ 21.60 16.4% £ 126.82 34.3% £ 193.41 9.9% £ 2.62 3.4%

-£ 3.27

Analysis of Brokerage fees

Analysis of Brokerage fees
		Rathbon
	Walker Crips	Ma
Charity funds managed	£120m	£9bn
Contact	12-Nov-23 Email to Ross	12-Nov-23
	13-Nov-23 Fixed a meetng	13-Nov-23
	14-Nov-23 Met Ross & Lisa	14-Nov-23
		22-Nov-23

Trading:

Stamp duty On purchase value PTM levy Per transacton Compliance charge Per transacton Transacton fees On purchase value Minimum charge Nominee Holdings: Fee per quarter Per stock No custody charges if annual management fees Administratve charges: Paper charge Per quarter Annual Management Charge (AMC), plus VAT On frst £100k portolio value Per annum On portolio £100/£500k Per annum On portolio £500/£1,000k Per annum On portolio £1m/£2m Per annum On portolio £1.5m/£5m Per annum Over £2m Per annum On portolio over £1.5m Per annum Third-party fees: Adminstraton Per annum Funds Per annum Minimum charge Per quarter Calculaton of potental annual fees: Based on portolio value of: £1,800,000 AMC before VAT VAT on AMC 20% Third-party fees Paper charges Total annual fees 2023 fees, including VAT Increase as % AMC 2023 level, pre-VAT Per annum AMC 2024 level, pre-VAT Per annum 2023 level Per annum 2024 level Per annum	0.5% £1 £20 0.30% £40 £2.75 £12.50 1.30% 1.10% 0.80% 0.50% 0.30% £187.50 £13,700.00 £2,740.00 £50.00 £16,490.00 £6,000.00 275% £5,000.00 £13,677.35 £497.63 £148.58	0.55% £900.00 £4,680.00 £9,900.00 £900.00 £5,580.00 0
		£16,380.00

	New fee scale given by Ross on 8-Dec-23:
	Confrmed in Client pack April 2024	On	£1,829,219
	Up to £100K	0.50%	£500.00
	Above that to £500k	0.35%	£1,400.00
	Above that to £1m	0.20%	£1,000.00
	Between £1m & £2m	0.15%	£1,243.83
	Above £2m	0.10%	£0.00
		0.227%	£4,143.83
		+ VAT	£4,972.59
		As a %	0.27%
	Scale of fees provided but
	superceded by the above	On	£1,829,219
	Up to £100K	0.75%	£750.00
	Above that to £500k	0.50%	£2,000.00
	Above that to £1m	0.30%	£1,500.00
	Between £1m & £2m	0.20%	£1,658.44
	Above £2m	0.10%	£0.00
		0.323%	£5,908.44
		+ VAT	£7,090.13
		As a %	0.39%

nes Investment		Charles	Dowgate	Brewin	Casenove
anagement		Stanley	Capital	Dolphin	Capital
Too big for TT?			£1bn	£3.8bn	£10.9bn
Enquiry online	13-Nov-23 Enquiry online
Natalie Yapp email	27-Nov-23 Glenn Baker email
Call with Natalie	4-Dec-23	Replied to Glenn
Quotaton

(Only on part of fee)	0.60% £0.00 £0.00 £0.00	0.60% £0.00 £0.00 £0.00	0.60% £0.00 £0.00
			£0.00

	Barrat	Hedley	James
Barclays	& Cooke	& co	Sharp & Co
?	Norfolk	Lancashire	Lancashire
	based	based	based

Tracy Trust - portfolio analysis

Year ended 5th April 2024 Year ended 5th April 2023 Cost Value Gain/Loss Cost Value Gain/Loss Equites Oil Integrated BP £ 24,846.09 £ 22,774.50 -£2,071.59 BP £ 24,846.09 £ 24,016.50 -£829.59 Shell £ 38,673.16 £ 48,650.00 £9,976.84 Shell £ 38,673.16 £ 41,352.50 £2,679.34 Constructon Barrat £ 20,415.26 £ 27,930.00 £7,514.74 Barrat £ 20,415.26 £ 27,114.00 £6,698.74 Chemicals Croda £ 18,033.04 £ 42,842.16 £24,809.12 Croda £ 18,033.04 £ 59,873.52 £41,840.48 Diversifed Smith (DS) £ 29,783.18 £ 24,600.00 -£5,183.18 Smith (DS) £ 29,783.18 £ 18,450.00 -£11,333.18 Engineering Weir Group £ 14,404.64 £ 30,660.00 £16,255.36 Weir Group £ 14,404.64 £ 26,730.00 £12,325.36 Beverages Diageo £ 30,476.37 £ 44,167.25 £13,690.88 Diageo £ 20,386.62 £ 44,028.00 £23,641.38 Food producersNestle £ 14,331.34 £ 32,599.51 £18,268.17 Nestle £ 14,331.34 £ 39,952.56 £25,621.22 Household Reckit Benckiser £ 17,734.06 £ 19,237.50 £1,503.44 Reckit Benckiser £ 17,734.06 £ 28,512.00 £10,777.94 Unilever £ 29,657.88 £ 49,881.00 £20,223.12 Unilever £ 29,657.88 £ 55,750.50 £26,092.62 Health Care Worldwide Health £ 40,126.43 £ 51,150.00 £11,023.57 Worldwide Health £ 40,126.43 £ 48,360.00 £8,233.57 Pharma Astrazeneca £ 26,356.24 £ 58,410.00 £32,053.76 Astrazeneca £ 26,356.24 £ 63,767.00 £37,410.76 GSK £ 17,287.90 £ 15,643.20 -£1,644.70 GSK £ 17,287.90 £ 14,277.12 -£3,010.78 Haleon £ 3,835.61 £ 3,910.80 £75.19 Haleon £ 3,835.61 £ 4,087.80 £252.19 Tobacco BAT £ 10,767.35 £ 11,645.00 £877.65 BAT £ 10,767.35 £ 14,025.00 £3,257.65 Mining BHP £ 9,457.82 £ 38,845.00 £29,387.18 BHP £ 9,457.82 £ 41,012.50 £31,554.68 Rio Tinto £ 28,101.93 £ 52,232.25 £24,130.32 Rio Tinto £ 28,101.93 £ 55,471.50 £27,369.57 Woodside Energy £ 5,249.28 £ 4,887.44 -£361.84 Woodside Energy £ 5,249.28 £ 5,611.96 £362.68 Pubs & Rest. Whitbread £ 14,835.44 £ 31,980.00 £17,144.56 Whitbread £ 14,835.44 £ 29,300.00 £14,464.56 Support Serv. Ashtead £ 34,365.01 £ 37,063.00 £2,697.99 Ashtead £ 34,365.01 £ 29,042.00 -£5,323.01 Experian £ 14,636.59 £ 62,733.50 £48,096.91 Experian £ 14,636.59 £ 49,598.50 £34,961.91 UK REITS Britsh Land £ 29,977.29 £ 17,334.00 -£12,643.29 Britsh Land £ 29,977.29 £ 17,203.50 -£12,773.79 Electricity SSE £ 25,223.45 £ 31,790.00 £6,566.55 SSE £ 25,223.45 £ 36,270.00 £11,046.55 Mult Utlites Natonal Grid £ 22,626.53 £ 37,869.78 £15,243.25 Natonal Grid £ 22,626.53 £ 41,389.14 £18,762.61 Water United Utlites £ 12,580.62 £ 23,028.75 £10,448.13 United Utlites £ 12,580.62 £ 24,221.25 £11,640.63 Life Assurance Aviva £ 29,206.59 £ 36,780.00 £7,573.41 Aviva £ 18,815.19 £ 20,826.28 £2,011.09 Aviva 8.75% Pref. £ 30,987.78 £ 31,200.00 £212.22 Prudental Prudental Financial Serv. M&G £ 25,079.53 £ 23,966.00 -£1,113.53 M&G £ 25,079.53 £ 21,832.75 -£3,246.78 Property Crest Nicholson £ 20,443.05 £ 8,602.00 -£11,841.05 Crest Nicholson £ 20,443.05 £ 9,945.20 -£10,497.85 Investment Tr. Edinburgh £ 20,154.75 £ 6,786.80 -£13,367.95 Edinburgh £ 20,154.75 £ 7,050.00 -£13,104.75 Fundsmith Emergin £ - £ - £0.00 Fundsmith Emergin £ - £ - £0.00 Int'l Biotech £ 26,227.01 £ 27,200.00 £972.99 Int'l Biotech £ 26,227.01 £ 27,370.00 £1,142.99 Int'l Public Partn. £ 28,635.66 £ 23,125.00 -£5,510.66 Int'l Public Partn. £ 28,635.66 £ 27,454.00 -£1,181.66 J P Morgan USA £ 53,162.01 £ 161,370.00 £108,207.99 J P Morgan USA £ 29,348.77 £ 97,860.00 £68,511.23 J P Morgan Emerg £ 20,142.99 £ 13,755.00 -£6,387.99 J P Morgan Emerg £ 20,142.99 £ 14,070.00 -£6,072.99 Mercantle £ 70,497.29 £ 99,900.00 £29,402.71 Mercantle £ 70,497.29 £ 86,940.00 £16,442.71 Polar Capital £ 19,411.52 £ 185,690.00 £166,278.48 Polar Capital £ 19,411.52 £ 121,148.00 £101,736.48 Scotsh Mortg. £ 51,567.81 £ 85,760.00 £34,192.19 Scotsh Mortg. £ 51,567.81 £ 64,260.00 £12,692.19 Smithson £ 30,712.35 £ 42,420.00 £11,707.65 Smithson £ 30,712.35 £ 40,620.00 £9,907.65 Unit Trusts Fundsmith £ 21,517.51 £ 126,589.20 £105,071.69 Fundsmith £ 21,517.51 £ 112,828.46 £91,310.95 Open Ended Fundsmith £ 56,549.03 £ 169,720.73 £113,171.70 Fundsmith £ 56,549.03 £ 151,276.60 £94,727.57 Infrastructure HICL Infrastr. £ 42,550.09 £ 34,062.50 -£8,487.59 HICL Infrastr. £ 42,550.09 £ 42,401.00 -£149.09 Investments £ 1,080,627.48 £ 1,898,791.87 £818,164.39 £ 1,005,345.31 £ 1,685,299.14 £679,953.83 Cash Capital £ - £ - Capital £ 30,743.90 £ 30,743.90 Income £ 46,518.44 £ 46,518.44 Income £ 68,360.31 £ 68,360.31	5-Apr-22
	Cost Value £ 24,846.09 £ 17,230.50 £ 38,673.16 £ 37,117.50 £ 20,415.26 £ 31,176.00 £ 18,033.04 £ 75,623.76 £ 29,783.18 £ 19,176.00 £ 14,404.64 £ 24,810.00 £ 20,386.62 £ 47,754.00 £ 14,331.34 £ 40,667.70 £ 17,734.06 £ 26,811.00 £ 29,657.88 £ 45,974.50 £ 40,126.43 £ 50,917.50 £ 26,356.24 £ 56,837.00 £ 21,123.51 £ 20,445.60 £ - £ - £ 10,767.35 £ 16,142.50 £ 9,457.82 £ 50,396.50 £ 28,101.93 £ 64,260.00 £ - £ - £ 14,835.44 £ 28,700.00 £ 34,365.01 £ 30,498.00 £ 14,636.59 £ 54,704.50 £ 29,977.29 £ 23,940.00 £ 25,223.45 £ 35,940.00 £ 22,626.53 £ 44,395.26 £ 12,580.62 £ 26,235.00 £ 25,194.31 £ 29,480.00 £ 8,467.10 £ 28,337.50 £ - £ - £ 20,443.05 £ 12,374.00 £ 20,154.75 £ 10,551.50 £ 35,752.40 £ 37,485.00 £ 26,227.01 £ 27,051.25 £ 28,635.66 £ 31,709.00 £ 29,348.77 £ 108,080.00 £ 20,142.99 £ 15,093.75 £ 70,497.29 £ 99,000.00 £ 19,411.52 £ 140,120.00 £ 51,567.81 £ 103,200.00 £ 30,712.35 £ 49,290.00 £ 21,517.51 £ 111,150.23 £ 56,549.03 £ 149,026.92 £ 42,550.09 £ 49,050.00 £ 1,025,615.12 £ 1,870,751.97 £ - £ - £ 32,622.77 £ 32,622.77

,Portfolio annual summary 10/07/2024,12:06:34

Page 21 of 29

£ 1,127,145.92 Brought forward: Cost of investments A. Investments bought: Aviva 8.75% Pref. £ 30,987.78 Diageo £ 10,089.75 Aviva £ 10,391.40 JPM American Tr. £ 23,813.24 B. Investments sold: Fundsmith Emerg. £ - (Liquidaton) Carried forward: Cost on investments	£ 1,127,145.92 Brought forward: Cost of investments A. Investments bought: Aviva 8.75% Pref. £ 30,987.78 Diageo £ 10,089.75 Aviva £ 10,391.40 JPM American Tr. £ 23,813.24 B. Investments sold: Fundsmith Emerg. £ - (Liquidaton) Carried forward: Cost on investments	£ 1,945,310.31 £ 1,005,345.31 £ 75,282.17	£ 1,104,449.52 A. Investments bought: 22-Sep-23 Woodside Energy £ 5,249.28 22-Nov-23 M&G £ 25,079.53 22-Nov-23 26-Feb-24 Proceeds B. Investments sold: £ 945.00 Aviva £ 6,379.12 Prudental £ 8,467.10 Fundsmith Emergin £ 35,752.40 £ 945.00	£ 1,104,449.52 A. Investments bought: 22-Sep-23 Woodside Energy £ 5,249.28 22-Nov-23 M&G £ 25,079.53 22-Nov-23 26-Feb-24 Proceeds B. Investments sold: £ 945.00 Aviva £ 6,379.12 Prudental £ 8,467.10 Fundsmith Emergin £ 35,752.40 £ 945.00	£ 1,784,403.35 £ 1,025,615.12 A. Investments bought: Ashtead 15-Aug-22 £ 30,328.81 £ 1,055,943.93 Proceeds B. Investments sold: 19-May-22£ 6,813.23 Diageo 12-Aug-22£ 24,446.79 Jackson (demerged) 16-Dec-22£ 39,060.00 £ 50,598.62 £ 70,320.02 £ 1,005,345.31	£ 1,058,237.89 £ 1,903,374.74 £ 1,004,841.19 £ 34,365.01 £ - £ - £ 34,365.01
		£ 1,080,627.48 25-Aug-23 £ -				£ 1,039,206.20 £ 13,591.08 17-Dec-21 £ - 7-Feb-22 £ 13,591.08 £ 1,025,615.12
		£ 1,080,627.48			£ 1,005,345.31

,Portfolio annual summary 10/07/2024,12:06:34

Page 22 of 29

Gain/Loss

-£7,615.59 -£1,555.66 £10,760.74 £57,590.72 -£10,607.18 £10,405.36 £27,367.38 £26,336.36 £9,076.94 £16,316.62 £10,791.07 £30,480.76 -£677.91 £0.00 £5,375.15 £40,938.68 £36,158.07 £0.00 £13,864.56 -£3,867.01 £40,067.91 -£6,037.29 £10,716.55 £21,768.73 £13,654.38 £4,285.69 £19,870.40 £0.00 -£8,069.05 -£9,603.25 £1,732.60 £824.24 £3,073.34 £78,731.23 -£5,049.24 £28,502.71 £120,708.48 £51,632.19 £18,577.65 £89,632.72 £92,477.89 £6,499.91 £845,136.85

,Portfolio annual summary 10/07/2024,12:06:34

Page 23 of 29

19-Jan-22

Proceeds £ 31,119.34 £ 1,726.57 £ 32,845.91

,Portfolio annual summary 10/07/2024,12:06:34

Page 24 of 29

TRACY TRUST

Opening Balance Incoming:Walker Crips Donatons Reimbursement Total Total Outgoing: Welfare:Aid Call (PPP) Chiropody Dentst Bereavement Sing Your Pain Away Exercise classes Total Transportaton:Finlan Travel Volunteer Drivers Total Donatons: Cancer Research Alzheimer Research Administraton:Statonery Gifs and Flowers Insurance Telephone Website Account charges Services Sundries Total Tea Party Film Afernoon Christmas & Easter Gifs Spar Xmas Vouchers Rent for Scout Hut Miscellaneous Total outgoings: Closing Balance Thames Valley Air Ambulance	Year to 5th April 2023
	£ 4,463.50 £ 20,000.00 £ 160.00 £ 49.50
	£ 20,209.50
	£ 2,295.00 £ 1,275.00 £ 160.00 £ 2,964.00 £ 2,040.00
	£ 2,800.00 £ 544.68
	25
	£ 353.09 £ 110.49 £ 212.80 £ - £ 96.00 £ 64.80 £ 300.00 £ 147.45

, Local Accounts 10/07/2024,12:06:34

Page 25 of 29

Year to 5th April 2024	Year to 5th April 2024
£ 3,988.38 £ 20,000.00 £ 85.00 £ 43.50	£ 24,116.88 £ 8,878.58 £ 2,884.13 £ 125.00 £ 896.07 £ 2,228.91 £ 575.60 £ 1,116.00 £ 1,550.00 £ 2,385.00 £ 572.67 £ 21,211.96
£ 20,128.50
£ 2,362.88 £ 1,485.00 £ 70.70 £ - £ 3,400.00 £ 1,560.00
£ 2,587.50 £ 296.63
£ - £ 50.00 £ 75.00
£ 217.71 £ - £ 212.80 £ - £ - £ 62.40 £ 300.00 £ 103.16
	£ 2,904.92

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Page 26 of 29

THE TRACY TRUST

FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

BALANCE SHEET AS AT 5 APRIL 2024

5 April 2024 5 April 2023 £ £ £ £ Cash Funds: Local bank account 2,905 3,988 Stockbroker account 46,518 49,423 99,104 103,093 Investment assets: Cost brought forward 1,005,345 1,025,615 75,282 30,329 1,080,627 1,055,944 - 50,599 Cost carried forward 1,080,627 1,005,345 Market value of investments £ 1,898,792 £ 1,685,299 Net assets 1,130,051 1,108,438 Accumulated reserves: Brought forward 1,108,438 1,062,701 Surplus in the year 20,668 26,015 Gains on investment sales: Proceeds of sales 945 70,320 - 945 50,599 19,721 Accumulated Reserves carried forward 1,130,051 1,108,438 STATEMENT OF INCOME & EXPENDITURE FOR THE YEAR ENDED 5 APRIL 2024 Year ended Year ended 5 April 2024 5 April 2023 £ £ Income: Investment income 47,751 52,490 Donations 85 160 Sundry income 44 50 Total Income 47,880 52,700 Costs and expenditure: Local payments for Trust activities 21,212 20,685 Investment management fees 6,000 6,000 Total Costs & Expenditure 27,212 26,685 Surplus for the Year 20,668 26,015 Add : New investments Less :Cost of Investments sold Less : Original cost	5 April 2023 £ £ 3,988 99,104 103,093 1,025,615 30,329 1,055,944 50,599 1,005,345	5 April 2023 £ £ 3,988 99,104 103,093 1,025,615 30,329 1,055,944 50,599 1,005,345
	1,025,615 30,329
	1,055,944 50,599
	£ 1,685,299
	70,320 50,599	1,108,438
		1,062,701 26,015 19,721
		1,108,438
		52,700
		20,685 6,000
		26,685
		26,015

				Tract Trust					803103	803103	803103
				Receipts andpayments accounts									CC16a
	For the period from ~~es ~~					6-Apr-23 ~~ee~~		To ~~ee ee~~	~~ee~~	~~ee~~	5-Apr-24 ~~ee~~
Section A Receipts and payments
				Unrestricted funds		Restricted funds		Endowment funds			Total funds		Last year
				to the nearest £		to the nearest £		to the nearest £			to the nearest £		to the nearest £
A1 Receipts
Investment Income				47,751		-		-			47,751		52,490
Donations				85		-		-			85		160
Miscellaneous				44		-		-			44		50
				-		-		-			-		-
				-		-		-			-		-
				-		-		-			-		-
				-		-		-			-		-
				-		-		-			-		-
Sub total(Gross income for AR)			(Gross income for AR)	47,880 (Gross income for AR)		-		-			47,880		52,700
Proceeds from investment sales 945 - - 945 70,320 - - - - - Sub total 945 - - 945 70,320 Total receipts 48,825 - - 48,825 123,020 A2 Asset and investment sales, (see table). ~~—__————~~
A3 Payments
Localpayments for Trust				21,212		-		-			21,212		20,685
Investment management fees				6,000		-		-			6,000		6,000
				-		-		-			-		-
				-		-		-			-		-
				-		-		-			-		-
				-		-		-			-		-
				-		-		-			-		-
				-		-		-			-		-
				-		-		-			-		-
**Sub total **				27,212		-		-			27,212		26,685
Investmentspurchased 75,282 - - 75,282 30,329 - - - - Sub total 75,282 - - 75,282 30,329 Total payments 102,494 - - 102,494 57,014 A4 Asset and investment purchases, (see table) ~~——————~~
Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end **Cash funds this year end **			- 53,669 - - - 53,669 66,006 - - - - - 103,092 - - 103,092 37,086 49,423 - - 49,423 103,092 ~~SSS=~~

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Details HSBC Walker Crips Details Details Walker Crips investment portfolio Details Details Signature Total cash funds (agree balances with receipts and payments account(s))	to nearest £ to nearest £ 2,905 - 46,518 - - - 49,423 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) 1,080,627 - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
			-
			-
			-
			-
			OK
			to nearest £ Endowment funds
			-
			-
			-
			-
			-
			-
			Current value (optional)
			1,898,792
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval

Moat Farm House 64 Hedgerley Lane Gerrards Cross SL9 8SX 18th August 2024 To the Trustees of the Tracy Trust charity Dear Trustees Independent examination of the financial records of the Tracy Trust for the financial year 2023124 I have reviewed the records of income and expenditure and of the transactions on the investment portfolio and have found them to be comprehensive and complete and in compliance with the objectives of the charity. The examination does not constitute an audit but is carried out in line with the requirements of the Charity Commission as set out in 'lndependent examination of charity accounts: Directions and guidance for examiners (CC32)'. I have no recommendations for improvements in record keeping. I congratulate the charity on another successful year supporting the elderly parishioners in Hedgerley. Yours sincerely, /2.6a Peter Brogden Bsc FCMA