13. Investments


Group 2011 £000


At market value UK listed equity investments


UK fixed and variable interest stocks UK cash investments UK property fund


UK investment properties


Investments in UK unlisted companies Total UK investments


Overseas fixed and variable interest stocks Overseas listed equity investments


Total overseas investments Total investments


1,873


59,408 5,679 –


517 292


67,769 758


– 758 68,527


Group 2010 £000


3,193


59,772 5,771 32


625 299


69,692 777


153 930


70,622


Charity 2011 £000


64


58,547 3,002 –


517 –


62,130 –


– –


62,130


No investment represented 5% or more of the portfolio by market value in the Group and Charity (2010: none). Group


2011 £000


Movements At 1 April 2010 Additions


Transfers out to short-term deposits Disposal proceeds


Net realised investment losses Net unrealised investment gains Net movement in cash


At 31 March 2011


70,622 31,514 (926)


(34,627) (532)


1,984 492


68,527


Charity 2010 £000


79


58,661 2,505 32


625 –


61,902 –


– –


61,902


Charity 2011 £000


61,902 30,790 –


(31,544) (707)


1,213 476


62,130


The historical cost of Group and Charity investments at 31 March 2011 was £68.1 million (2010: £71.1 million) and £60.7 million (2010: £61.6 million) respectively.


Investment properties consist of land and property bequeathed to the Charity and its predecessor charities. The intention of the Trustees is to realise these investments at a time that will maximise their value to the Charity. In view of the number of investment properties held, separate details of each valuation are not reported.


Annual Report and Accounts / Notes to the Accounts / 39


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