Charfty number: 803272 The Wallace Wilson-Haffenden Memorial Fund Unaudited Trustses. report and financlal statements For the year ended 31 July 2021 Tho Wallace Wilson-Haffènden Memorial Fund Contents Page Rgfer•nce and administrntlve detsils of the Charlty. its Truste68 and advlsgrs Trustees. rèport Independent examinérfs report Statement of financial actlvities Balan¢e sheet Notes to the financial statements 8-13 The Walla¢o Wilson-Haffenden Memorial Fund ReferenGe and adminlstratlve detalls of tho Charity. its Trust••s and advisers For the year ended 31 July 2021 Twste¢$ Mr W J Wilson-Haffenden Mrs M E Wilson-Haffenden M￿S S R Wilson-Haflenden Mr F J O Wilson-Haffenden Charity rBglslerod number 803272 Prln¢lpal offi¢9 H￿h Chimney Farmhouse Sielling Minnis Canterbury Kent CT4 6BA Independ•nt éxaminors Kreslon Reeves LLP Chartered Accountants 37 Sl Margaret's Street Canterbury Kent CT1 2TU Bankers Lloyds Bank plc 49 High Street Canterbury Kent CT12SE Solicitors Furfey Page LLP 39 St Margaret's Slreel Canterbury Kent CT1 2TU Stockbrok•rs EFG Harris Allday 33 Great Charles Street Birminghom B3 3JN Page 1 Tho Wallacè Wilson-Haffenden Memorfal Fund Trustees. report For Ihe year ended 31 July 2021 The Trustees present their annual rewrt together with the financial statements of the Charity for the year 1 August 2020 10 31 July 2021. Qbjectlves and aGtiviti a. Pollcles and objeGtivos The objective of the trust is to assisl yDung persons under the age of 25 who are residents in the Canterbury area by- Giving financial assistance to those who are preparing for, entering upon or engaged in any profession, trade, occupation or service, and Providing scholarships for courses of study at schools, colleges and unlversities. In selling objectwes and planning for aclivrties, the Trustees have glven due consideration tg general guidance published by the Charity Commission relating lo public benefit, and in particular, the specrfic guidance to charitie5 for the advar￿eMent of education. The Dedaralion of Trust requires the trustees lo apply the in¢ome of the trust (after paying Gosts of management and administralionl in meeting the above objectives. Any surplus income not so required shall be accurnulated and added to the capital of the trust fund. Such a¢eumulations may be applied In a later year as though they had been income of that year. The trustees also have power to pay part or the whole of the capital for the above mentioned objective. In furtherance of the above requirements the Committee invite applulions from young people who might fall within the above definitions, and consider these on their medts. Their policy is lo assist with educallonal costs where parents suffer from financial hardship, and lo provide financial help al a lower level for young people who are involved in worthwhile activities be￿een school and university, or for young people in 8pprenliceships, in articles, undergoing youth training and the like. At present the trustees do not Intend lo apply more than the nel income in meeting the objectives, with the intention of preserving the tAPttal lo ensure that the objectives can continue lo be mel in perpetuity. There are no restrictions on any part of the fund, which is accordingly an unTrstri¢led fund. There have been no changes In these policies. Achlevement8 and porfomiance a. Revlew of actlvltigs The committee has continued the operation of the charity on the lines established in previous periods. A total of £16,534 was paid out in grallts. Help was provided towards educational fee5 for 5 young people. b. Investment policy and perfomianco The charitys funds are invested in a range of investments with the aim of minimising financial risk whllsl al the same lime achieving a desired rale of return. Investment performance is reviewed regulady by the Trustees. This has been achi8V8d through investment via professionally managed funds. Page 2 The Wallace Wilson-H8ffènden Memorial Fund Trustees. report {contSnued) For the year ended 31 July 2021 Flnanclal review . Go5ng concem After rnaking appropriate enquiries and considering the ongoing impact of COVID-19, the Trustees have a reasonable expeclalion that the Charity has adequate resources lo ¢ontinue in operational existence for the foreseeable future. For this reason, they ￿ntinUe lo adopt the going concern basis in preparing the financial slalemenls. Further details regardlng the adoption of the going concem basis can be found in the accounlirwJ poli¢ies below. b. Rès9rvgs pollcy Funds available are suffi¢ienl to permit the Trust lo cover ils present rKJmmilmenls. The current level ol reserves are held in order lo ensure that the objectives of the charity can be mel in perpelufy. The value of the charity's reserves varies d1￿CtlY with the value of the investment held to fund the charity's objectives. The balance held as unreslricled funds al 31 July 2021 was £1,625,86712020.- £1,393,320) which is regarded as free reserves. G. Investments policy Investmenl powers There are no reslriclions. the Declaration of Trust provides the Iruslees wth the widest powers of investing, disposing of and dealing With the Trust Fund which are I￿ul1Y capable of beiro conferred on trustees. Other There are no other specrfic restrictions. d. Princlpal funding The Trust is reliant on ils investment income to ensure it can maintsin the current level of grants made wilhoul need lo reduce the level of capital retained by the Trust. The charity does not und&rtake any fundraising activity. Structure, governance and management a, Constitutlon The Wallace Wilson-Haffenden Fund was established by Mrs Trudi Wilson•Haffenden by a declaration of Tnjsl dated 22 March 19￿. with a registered charity number 803272. The tru$l was established by Mrs Trudi Wilson-Haffenden in order lo provide a a permanent memorial to the life and work for her late husband Wallace Wilson-Haffenden who die(l on 10 August 1986. Th8 initial Irusl fund was the sum of £300.OCN) grfied by the settlor. £250,000 was received as a legacy from the estate of Mrs Trudi Wilson-Haffenden durin9 the year ended 31 July 2019. The slalutory power of appointing new trustees lies in the hands of the existing trustees. Page 3 The Wallacg Wilson-Haffenden Mgmorial Fund Twsl•as' r•port {contlnuedl For tha yèar ended 31 July 2021 Strudur8, govemance and managernent Icontlnuedl b. Mèthods of appolntment or el¢Gtlon of Trustees The management of the Charrty 1$ the responsibility of the Trustees who are elected and Go-opled under the terms of the Trust deed. Clause 5 of the Declaration of Trust requires the Iruslees within one year lo appoint a Committee of not less than three and not more than six people lo b& responsible for the day-l04ay management of the trust and to receive 2nd distribute the income. No person shall be entitled to act as a member of the Committee until they have signed a declaration of aC￿pIanCe of office. ¢. Flnanclal r18k management The Trustees have assessed the major risks to which the Charity is exposed, in parti￿1£r those related to the operations and finances of the Charity. and are salisfth th?1 systems and Pr￿edureS are in place lo milHJale exposure to the major risk$. Plans for future perlods The Trusle8s hope to Continue making grants al a similar level to young peO￿e in the local area. Statement of Trusleos. r￿ponSIbIlItIeS The Trustees are responslble for preparing the Trustees, report and the financial statements in accordance wrth applicable law and United Kingdom Accounting Standards IUni18d Kingdom Generally Accepted Accounting Praclicel. The law ap￿r¢able lo charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the Charity and of its incoming resources an(1 application of resources, including its income and expenditure, for Ihal period. In preparing these financial statements, the Trustees are required to- select sultable accounting poliGies and then apply them conslgtentty., observe the methods and principles of the Charities SORP IFRS 1021.. make judgments and accounting eslimales that are reasona￿e and prudent,. stale whether applicable UK Accounting Standards {FRS 102) have been followed. subject to any material departures disdosed and explained in the financial slalemenls- epare the financial slalemenls on the going concern basis unless il is inappropriate lo presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the Charills transactions and disclose with reasonable accuracy al any lim8 the financial position of the Charity and enable them to ensure that the financial statements comply wth the Charities Act 2011, the Charity IAccounls and Reports} RegulalKFns 2008 and the provisions of the Trust deed. They are also responsible for safeguarding Ihe assets of the Charity and hence for tsking reasonable steps for the prevents'on and detection of fraud and other irregularities. Approved by order of the members of the t)08rd of Trustees on and signgd on their behalf Mrw Wilson-Ha en Mrs M E Wilson-Haffendgn Mlss S R Wilson-Haffenden Mr n-Haffenden Page 4 The Wallace Wllson-Haffenden Memorial Fund Independent examlnerfs report For the year ended 31 July 2021 Indepgndent •xaminerfs report to the Trustees of The Wallace Wilson-Haffenden MernorSal Fund Ilhe Charlty'l I report lo the charity Trustees on my examination of the accounts of the Charity for the year ended 31 July 2021. Responsibilitles and basis of report As the Trustees of the Charity you are responsible for the preparalion of the accounts in aectsrdance the requlremenls of the Charities Act 2011 I'the 2011 Acl'l. I report In respect of my examir¢ats'on of the Charills 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 14515llbl of the 2011 Act. Independent examlnerfs statèment Your attention is drawn to the fact that the Charity has prepared the a￿oUnts in accofdance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing Iheir accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities.. Statement of Re¢ommended Practice issued on 1 April 2005 which is referred to in the exlanl regulations but has been wlhdrawn. l understand that this has been done in order for the acctyjnts lo provide a true and fair view in accordance with the Generally Accepted Ac¢ounling Practi￿ effective for reporting periods beginning on or after 1 January 2015. I have ¢ompleted my examination. I confimi that no matters have come lo my attention in connection wth the examination giving me cause lo believe that in any material respect.. accounting T8cords were nol kept in resp8cl of the Charity as required by section 130 of the 2011 Act,. or the accounts do not accord wlh those records., or the accounts do not comply with the appllcable requirements concerning the form and content of accounts sel out in the Charitie5 (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, vi8w which is not a maller considered as part of an independer)t examination. I have no concerns and have come across no other fflallers in connection wrth the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. This report is made solely lo Ihe Charity's Trusle8s, as a body, in accordance vthh Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might slate lo the Charity's Trustees those mallers l am reqvired lo stale to them in an Independent examinels report and for no other purpose. To the fullest exlenl permittgd by law, I do not accept or assume responsibility to anyone other than the Charity and the Charitls Trustees as a body, lor my work or for this report. Signed.. Dated.. L MKRDyer ACA MAAT Kreslon Reeves LLP Chartered Accountants Canterbury Page 5 The Wallace Wilson-Haffenden Mgmorlal Fund Statgmènt of flnanclal *ivities For thè yoar ended 31 July 2021 Unrestricted funds 2021 Total funds 2021 Total funds 2020 Nole Income from: Investments 4S,651 45.651 44,118 Total incomo 45,651 45.651 44,118 Expendlture on: Charitable activities 18.034 18,034 28,535 Total gxp•ndlture 18,034 18.034 28,535 Net Income bof0￿ net galn81{Ioss85) on Investments Nel gainsl{lossesl on investments 27.617 204,930 27,617 204,930 15,583 164,8861 Net movgmont In funds 232.547 232.547 149,303) Reconciliation of funds: Total funds brought forward Nel movement in funds 1.393.320 1,393,320 232,547 1,442,623 {49,3031 Total funds ¢arrled forward 1,625.867 1,625.867 1,393,320 The Statement of finan¢ial activities includes all gains and losses recognised in the year. The notes on pages 8 to 13 fomi part of Ihese financial stalemenls. Page 6 The Walla¢g Wilson-Haffand•n Memorlal Fund Balance sheat As at 31 July 2021 2021 2020 Note Fixgd assets Investments 1,519.063 1,315,412 1.519.063 1,315.412 Currènt assets Cash al bank and in hand 108.304 80,908 108,304 80,908 Creditors.. amounts falling due within one year {1,500) {3,0001 Nat curront assets 106,804 77,gY)8 Total assets less curient Ilabiliti¢s 1,625,867 1,393.320 Funds 1,625,867 1,393,320 The financial slalements were approved and aulhorised for issue by the Trustee5 on on their behalf by.. and svJned MrWIl Ison-Haffe den Mrs M E Wilson-Haffenden Miss S R Wilson-Haffenden Wils affanden The notes on pages 8 to 13 form part of these finanaal slalemenls. Page 7 The Wallace Wilson-Haffendon Memorfal Fund Notes to the flnancial $tstoments For th• year ended 31 July 2021 General Info￿ation The Wallace Wilson-Haffenden Memorial Fund is an unincorporated charity based in EnglaThfj and Wales, r8gislralion number 803272. The address of the charity is High Chimney Famihouse, Stelling Minnis. Canl8rbury, Keril, CT4 6BA. Accounting policios 2.1 Basbs of preparatlon of flnanclal staterngnts The financial 5talemenls have been prepared in accordance with the Charities SORP {FRS 102) - AccoL*nling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (offertive 1 January 20191, the Financial Reporting SL7ndard applicable in the UK and Republic of Ireland {FRS 1021 and the Charities Act 2011. The financial statements have been prepared to give a 'true and fai￿ view and have departed from the Charities IAccounts and Reports) Regulations 2008 only lo the extent required lo provide a Irue and fair. view. This departure has involved folSowng the Charities SORP {FRS 102) published in October 2019 rather than Ibe Accounting and Reporting by Charities.. Statement of Recommended Practice effertive from 1 April 2005 which has since been wthdrawn. The Wallace Wilson-Haffenden Memorial Fund meets the definition of a public benefit enlty under FRS 102. Assets and liabililies are initially recognised at historical cost or Iran5aGt￿n value unles8 olhewse slated in the relevant accounting policy. 2.2 Incomo Al income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Income tax recoverable in relation to investment income is recognised at the lime the investment income is receivable. 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third party, il is probable that a transfer of economic benefits will be require¢J in setUem8nt and the amount of the obligation Can be measured reliably. Expenditure on charitable artivhies is incurred on d1￿C￿Y undertaking the activities which further the Charity's objecltves. as well a$ any associated support costs. Grants payable are charged in the year when the offer is made except in those ￿SeS where the offer is conditional. such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been mel al the yegr end are noted as a commitment, bul not accrued as expenditure. All expenditure is inclusive of irrecoverable VAT. 2.4 Intérest recelvablo Interest on funds held on deposit is included when receivable and the amount can be m8asured reliably by the Charity.. this is nomially upon noliricatlon of the interest paid or payable by the institution with whom the fund8 are deposited. Page 8 The Walla¢& WiJson-Haffendén Memorlal Fund Notes to the finanGial statgmenls For the ygar endeql 31 July 2021 Accountlng poliGigs {contlnu•d) 2.5 Investments Fixed asset investments are a form of financial instrument and are initially recognised al their transaction cost and subsequently measured al fair value 21 the Balance sheet dale, unless the value eannol be measured reliably in which case il is measured al c051 less impairment. Investment gains and bsses, whether realised or unrealised. are combined and presented as 'GainsllLossesl on investments, in the Ststemenl of finan¢ial activities. 2.6 Cash at bank and in hand Cash al bank and in hand includes cash and short-lerm highly Ilquid investments with a short maturity of three months or less from the date of acquisition or opening of the (Jeposil or similar 2(Lounl. 2.7 Llablllti¢$ and provislons Liabilities are recognised when there is an obli9alKJn al the Balance Sheet date as a result of a past event, il is probable th* a transfer of economic benefit will be required in settlement, and the amount of the settlefflent can be estimated reliably. Liabilities are recognised al Ihe amount that the Charity anlicipales il will pay lo settle the debt or the amount it has received as advanced payments for the goods or services it must provide. 2.8 FiDanclal Instruments The Charity only has financial assets and financial liabilities of a kind that qualrfy as basic financial inslrumenls. Basic financial instnjments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured al amortised cost using the effective interest method. 2.9 Fund a¢counling General funds are unreslricled funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the Charity and which have r¢ot been designated for other purposes. Investment income, gains and losses are allocated to the approFKiate fund. Investment Income Unrg5triotgd fund$ 2021 Total funds 2021 Total funds 2020 Income from listed investments Bank interest 45.651 45,651 44,117 45,651 45.651 44,118 Total 2020 44,118 44,118 Page 9 The Wallac8 Wllson-Haffenden Memorlal Fund Notes lo the flnanGial sL*oments For tho year endgd 31 July 2021 Analysls of gXPonditur• on charitablg activities Unrestricted funds 2021 Total funds 2021 Total funds 2020 Grants payable Accountancy Legal fees 16,534 1,500 16,S34 1,500 26,129 1,500 906 18.034 18.034 28,53S Total 2020 28,535 28,535 Trustees, romuneratlon and expenses During the year. no Trustees received any remuneration or other benefits (2020 - £NIL). During the year ended 31 July 2021, no Trustee expenses have been incurred12020- £NIL)- During the year, no Trustees received reimbursement of expenses12020- £NIL}. Pag8 10 The Wallace Wll$on-Haffenden Mamorlal Fund Notes to the financlal statèmgnts For the year onded 31 July 2021 Fixed ass￿ Investments Listed Investments Cost or valuatlon Al 1 August 2020 Additions Disposals Revaluations 1.315,412 382,980 1384,259) 204,930 Al 31 July 2021 1,519.063 Ngt book value At 31 July 2021 1.519.063 Al 31 July 2020 1.315,412 The investments are all listed and consist of direct investments in securities and are managed by investment managers. All investments at th8 year end are held in the UK. There is 1 inveslmenl12020'. 1) which represents more than 5Vo by value of the portfolio. This investment is shown on the attached schedule 1, marked There are no restrictions on the relisalion of this inv8slment. Creditors: Amounts falllng due withln one year 2021 2020 Accruals I.SDO 3.000 Page11 The Wallace Wilson-Haffenden Memorial Fund Note8 to tho financlal statements For the year ènded 31 July 2021 Statgment of funds Statamont of funds - Gurront year Balanc• at 1 August 2020 Galnsl Balance at (Losses) 31 July 2021 Income Expendlture unrestrict￿ funds General FU￿lS 1,393,320 45,651 118.034) 204,930 1.625,867 Siaterngnt of funds- prior year Balance Èt 1 Au9USt 2019 Gainsl Balance al {Losses} 31 July 2020 Income Expenditure Unrestrlcted funds General Funds 1,442,623 44.118 {28,53SI {64,8861 1.393.320 Summary of funds Summary of funds - current yoar Balance at 1 August 2020 Galn81 BalanGe at (Losses) 31 July 2021 Income Expenditur• General funds 1,393.320 45,651 118.034) 204,930 1.625.867 Summary of funds- prior y8ar Balance al 1 August 2019 Gainsl Balance at (Losses} 31 July 2020 Income Expenditure General fuThYs 1.442.623 44,118 {28.535) {64,886} 1.393,320 Pag8 12 The Walla¢o Wilson41affenden Memorial Fund Notés to the flnancial statemgnts For th8 year endod 31 July 2021 10. Analysis of net assets botwggn funds Analysis of net assets batwgon funds - current year Unrestricted funds 2021 Total funds 2021 Fixed asset investments Curyenl assets Creditors due wthin one year 1,519.063 108.304 11.5001 1.519,063 108.304 11.$00) Total 1,625,867 1.625.867 Analysis of net assets between funds - prlor year Unrestricted funds 2020 Total funds 2020 Fixed asset investments Current assets Creditors due wlthin one year 1,315,412 80,908 (3,000) 1,315,412 80,908 {3,0001 Total 1.393.320 1,393,320 11. Related party transactions The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing betweeri related parties and the Charity at 31 July 2021. Page 13 **The Wallace Wilson-Haffenden Memorial Fund** ## **Schedule 1: Investments for the year ended 31 July 2021** |**Shareholding**
**at year end**
600
AstraZeneca Ordinary $0.25 shares
6,300
AVI Global Trust Plc
52,113
Baillie Gifford Strategic Bond Fund B Income units
50,000
Bankers Investment Trust Ordinary 25p shares
-
BHP Billiton Ordinary $0.50 shares
40,000
Civitas Social Housing Plc REIT
19,000
Coventry Building Society
-
Diageo Ordinary 28 101/108p shares
17,200
Dunedin Inc Growth Investment Trust 0.25
18,500
Fidelity European Values Ordinary 2.5p shares
-
GlaxoSmithKline Plc Ordinary 25p shares
4,000
Henderson Smaller COS IT 0.25
29,000
HICL Infrastructure Co
330
iShares Core Corp Bond UCITS
1,150
iShares GBP Index Linked Gilts UCITS
12,200
JP Morgan Asia Growth and Income Plc 25p shares
-
JP Morgan Claverhouse Inv 25p shares
47,200
JP Morgan Global Core Assets
41,000
JP Morgan Global Emerging Markets Inc Trust
8,000
Law Debenture Corp Plc
-
Legal & General Ordinary 2.5p shares
21,000
Mercantile Investment Trust Plc 0.025
-
Merchants Trust Plc Ord 25p
6,600
Murray Income Trust Plc Ord 25p
4,600
Murray International Trust
21,300
North American Inc TST 0.05
33,514
Octopus Renewables Infra Trust Plc
26,000
Primary Health Properties Ord 12.5p
42,000
Renewables Infrastructure Group Ltd
50,000
Residential Secure Income Plc REIT
-
Royal Dutch Shell B Shares
-
Scottish Investment Trust Plc Ord 25p shares
10,000
Scottish Mortgage Investment Trust Ord 5p *
1,507
Severn Trent Ordinary 97 17/19p shares
-
Temple Bar Investment Trust 25p shares
40,000
Triple PT Energy EFF 0.01
-
Troy Income & Growth Trust Ord 25p
600
Unilever Ordinary 3 1/9p shares
-
Whitbread Plc Ord 76 122/153p
21,500
Witan Investment Trust Ord 25p|**01/08/2020**
**Realised Unrealised**
**31/07/2021**
**Net**
**Market**
**Added**
**Sold**
**gain/(loss) gain/(loss)**
**Market**
**Cost**
**income**
**value**
**Value**
**in year**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
51,180
-
-
-
(1,572)
49,608
3,638
1,242
43,691
-
-
-
16,601
60,291
49,647
1,040
48,028
-
-
-
777
48,804
45,203
1,652
48,900
-
-
-
9,800
58,700
50,522
1,079
17,129
-
(18,145)
1,015
-
-
-
-
45,200
-
-
-
2,160
47,360
37,193
2,160
36,528
-
-
-
4,323
40,850
35,971
2,304
23,809
-
(27,424)
3,615
-
-
-
599
-
46,479
-
-
7,873
54,352
46,479
1,446
47,268
-
-
-
10,730
57,998
49,993
1,203
22,641
-
(19,913)
(2,729)
-
-
-
562
-
49,912
-
-
1,209
51,120
49,912
-
48,662
-
-
-
638
49,300
45,032
2,393
52,091
-
-
-
(498)
51,592
50,263
1,081
23,926
-
-
-
213
24,139
22,967
57
28,187
24,135
-
-
3,554
55,876
50,985
1,479
23,650
-
(23,138)
(512)
-
-
-
559
51,920
-
-
-
(8,779)
43,141
48,245
1,652
39,270
10,513
-
-
8,437
58,220
47,489
1,804
26,928
18,772
-
-
14,780
60,480
48,417
1,936
24,077
-
(24,486)
409
-
-
-
555
-
58,406
-
-
(446)
57,960
58,406
-
29,988
-
(39,332)
9,344
-
-
-
1,214
48,510
-
-
-
11,286
59,796
25,818
2,261
-
50,646
-
-
966
51,612
50,646
851
-
48,774
-
-
8,736
57,510
48,774
1,687
38,541
-
-
-
(1,609)
36,932
34,421
1,485
39,988
-
-
-
2,600
42,588
31,188
1,573
33,250
22,309
-
-
(287)
55,272
53,431
2,265
45,300
-
-
-
6,450
51,750
49,117
2,500
18,622
-
(19,096)
474
-
-
-
-
33,695
-
(31,579)
(2,116)
-
-
-
805
119,053
-
(41,843)
9,690
44,750
131,650
7,583
371
36,922
-
-
-
5,275
42,196
8,990
1,531
17,550
-
(17,901)
351
-
-
-
-
-
40,295
-
-
2,305
42,600
40,295
800
42,237
12,738
(58,216)
3,240
-
-
-
1,438
27,438
-
-
-
(2,532)
24,906
3,487
895
42,837
-
(63,188)
20,351
-
-
-
-
38,399
-
-
-
14,061
52,460
30,953
1,176
**1,315,412**
**382,980**
**(384,259)**
**43,133**
**161,797**
**1,519,063**
**1,125,064**
**45,651**| |---|---| * Investment market value exceeds 5% of portfolio valuation (£75,953) Page 14