**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~~| **TAR** March **2012** 1 ## **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. **TAR** March **2012** 2 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. **TAR** March **2012** 3 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. **TAR** March **2012** 4 ## **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 **TAR** March **2012** 5 ## **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| , Local Accounts 10/07/2024,12:06:34 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