COIF Charity Funds - CCLA
COIF Charity Funds - CCLA
COIF Charity Funds - CCLA
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<strong>COIF</strong> Charities Fixed Interest Fund<br />
Statement of Total Return<br />
for the year ended 31 December 2006<br />
31.12.2006 31.12.2005<br />
Notes £’000 £’000 £’000 £’000<br />
Net (losses)/gains on investments<br />
during the year 2 (8,108) 2,591<br />
Income 3 9,795 10,453<br />
Expenses 4 (472) (480)<br />
Net income for the year 9,323 9,973<br />
Total return before distributions 1,215 12,564<br />
Finance costs: Distributions 6 (9,169) (9,315)<br />
Change in net (liabilities)/assets attributable<br />
to unitholders (7,954) 3,249<br />
Statement of Change in Unitholders’ Net Assets<br />
for the year ended 31 December 2006<br />
31.12.2006 31.12.2005<br />
£’000 £’000 £’000 £’000<br />
Net assets at start of the year 170,214 169,457<br />
Movement due to creations and<br />
cancellations of units<br />
Amounts receivable on creation of units 11,391 12,240<br />
Less: Amounts payable on cancellation of units (10,901) (15,779)<br />
490 (3,539)<br />
Change in net (liabilities)/assets attributable<br />
to unitholders (see above) (7,954) 3,249<br />
Retained distribution on accumulation units 1,140 1,047<br />
Net assets at end of the year 163,890 170,214<br />
The notes on pages 40 to 44 form part of these accounts.<br />
36
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