THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
ANNUAL REPORT
FOR THE YEAR ENDED 30- JUNE 2021

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TRUSTEES, REPORT FOR THE YEAR ENDED 30- JUNE 2021
The Trustees present their annual report and financial statements of the charity for the yéar ended 30
June 2021. The financial statements have been prepared in accordance with the charity's trust deed,
the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland {FRS102) update bulletin 2 leffeclive 1,
January 20191.
OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT
The objects of the Trust are lo promote such charitable purposes for tha benefit of young people living
in Leicestershire and Rutland, in particular, those undertaken by youth organisations, as the tnjstees in
their absolute discretion think fit.
Grant making policy
Modest grants are made to individual young people and the Trust also makes grants to voluntary youth
organisations wth which Sir Andrew Martin was closely involved. All grants are made at the discretion
of the Trustees lo support Ihe aspirations and needs of young people and Iheir voluntary
organisations.
Public benefit
In planning the Trust's grant making the trustees have given consideration to the Charily Commission's
published guidance on public benefit.
ACHIEVEMENTS AND PERFORMANCE
The Tnjst has made £14,82012020: £15,024) in grants to improve the lives of young people who live
in Leicester, Leicestershire or Rutland. The Trust has actively supported the aspirations and needs of
young people who have an outstanding skill or talenl, the opportunity lo gain a unique experience, or
who are disadvantsged, have disabilities, learning difficulties, special educational needs or mental
health issues. The Trust has also supported voluntary youth organisations which are making a
significant contribution to benefit young people and the wider community-
Investments have been managed throughout the year by the Investment Managers. with performance
being monitored by the Trustees of Liverpool Charity and Voluntary Services through its Investment
Committee meetings.
FINANCIAL REVIEW
Income from investments of£32,360 {2020- £35,797) and donations totalling £14,056 (2020: £12,606)
was received during the year. Grants of £14,820 {2020.' £15,024) were made. At the year end capital
investments were valued at £1,405,328 (2020.. £1,201,366}.
Investment policy and powers
The trustees have the same full and unrestricted powers of investment in all respects as rfthey were
the beneficial owners.
The investment strategy is set by the trustees and takes account of recent demands for fLJnds and an
assessment of expected future needs (see ReseNes). The investment policy and strategy are

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TH
TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2021
reviewed with the inveslment managers at regular intervals.
The investment objectivé is to maximise income available to make grants while maintaining the long-
temi value of capital.
Risk management
The main risks to which the charity is exposed as identified by the trustees have been considered and
systems have been established to mitigate those risks.
ReseThes
The Trust Deed permits the spending of capital., the trustees have, however, agreed lo retain the
capital for the time being and to invesl il to produce income to make grants. The tnjstees are
managing the reserves to balance the needs of current and fL¢ture beneficiaries. It is not anticipated
that the needs of beneficiaries will diminish over time.
Plans for the future
The objectives of the Trust remain unchanged for the fijture., the intention is to continue managing the
funds on a consistent basis and distributing income as grants to those in financial need.
Second year of Covid-19 concerns
Pandemic lockdown reslriclions on meetings for young people's activities and organisalions continued
for the whole of the financial year (and beyond). The effect was to severely reduce applications for
grants. Whereas bNenty-five applicalions from young peopla and half a dozen or so from their
organisations could be received for each quarterly grants, meeting, applications dropped to less than a
handful.
Almost from the inception of the Trust, tweniy five years ago. until 2019 the trustees had given
continuous and growing support by grants to individual young carers, generally alerted to the Trust by
Bamardo's Carefree slaff based in Leicester. The trustees were sad to learn of the sudden closure of
the Leicester-based support network. The trustees have made enquiries about young carers, support
in Leicestershire and Rulland to encourage applications.
The trustees discussed how they might encourage applications for grants believing that despite the
lockdown there are young people and their organisalions planning for the future and needing financial
support. Several aclions were implemented..
lo maintain contact and advertise the Trust more actively a new website was developed and
launched
A list of numerous voluntary youth organisations that might value a grant was prepared and all
received an email which resulled in some enquiries
Press releases were written and despatched lo Leicestershire and Rutland magazines and
newspapers and to HM Lord-Lieutenants of Leicestershire and Rutland and the High Sheriff of
Rutland. (The Trust has historic links with the Lieutenancies.)
Professional new large-sGale publicily banners were designed and printed
Business cards, a new innovalion, designed by a trustee and aimed at young people were
printed with a stock to continue distribution for years
a dedicated telephone line was launched and is manned by a trustee
BBC Radio Leicester welcomed two of the trustees to a dayiime programme to advertise the
Trust

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TRUSTEES, REPORT FOR THE YEAR ENDED 30- JUNE 2021
In April 2021, in reflecting on the support and encouragement of the late HRH The Duke of Edinburgh
to young people the trustees recognised his inilialive in the introduction of Gift Aid from the 1980's and
its continuing importance not least for young people and their voluntary youth organisations in
strengthening fund-raising.
The proposed 25 Anniversary Celebration of the Trust (2020), delayed dLJe lo Covid-19 remained on
the trustees, agenda. Further discussion showed the trustees, continued intention to hold a publicity
event when Covid restrictions permit, hopefully in April 2022 and still at the intended venue, Curve
theatre, Leicester.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Sir Andrew Martin Trusl for Youn
People is a registered charity, nLJmber 1042358. It was
established by a Trust Deed dated 18 November 1994.
Oryanisation, management and delegation
The adTlliniStration of the Trust's grant making activities is carried out, at no Gost to the Trust, by a
volunteer from Samworth Brothers.
The Trustees meet quarterly to make grants and review the Trust's perf0mlan￿, its financial position
and its investments. The Trustees, in their power. have delegated accountanGy matters lo LCVS.
Trustee recruitment and appointment
Having considered relevant skills, experience, and geographical requirements. polenlial new Trustees
are approached by the existing Trustees and then appointed with the agreement of the Trustees. The
Trustees are also responsible for the induGtion and training of new Trustees.
REFERENCE AND ADMINISTRATIVE DETAILS
Principal office
151 Dale Street, Liverpool L2 2AH
Trustees
The Trustees during the year were..
Mr. David Knowles
Mr. John Aldridge
Mr. Terry Higgins
Mr. David Smith
Mr. Alec Jeffery
Ms. Susan McEniff
Mr. David Andrews
Miss. Alison Jolley
Liverpool Charity and Voluntary Services
The charity's corporate trustee, Liverpool Charity and Voluntary servI￿s (LCVS), 151 Dale Street,
Liverpool L2 2AH, is incorporated under the Companies Act as a company limited by guarantee
thoul share capitsl as company number 181759. It is also a registered charity, number 223485, and
a Charitable Trust Corporation.

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
YH
TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2021
The Trustees of LCVS, who are also its Directors, were as follows during the year= Heather Akehurst.
Dorcas Akeju, Duncan Brookes (resigned 14, December 2020), Jonny Hesketh, Michael James
th
(resigned 27, April 2021), Steven Long (resigned 29 January 20211, Andrew Lovelady (resigned 1
st
De￿mber 2020), Kenneth Pery, John Pri￿, Michael Salla, Louise Scholes, James Sloan, Michael
Thomas and Susan Williams. The following trustees were appointed 20, May 2021- Sonia Bassey
MBE, Maxine Ennis, Neil John Sturmey and Henry Terefenko.
Pmfessional advisers
Trust Administrator
Sir Andrew Martin Trust Administrator
Walkers Charnwood Bakery
200 Madeline Road
Beaumont Leys
Leicester LE4 1 EX
Independent Examiner
Anna spen￿r-GraY
RSM Tax and Accounting Limited
20 Chapel Street,
Liv8rpool L3 9AG
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent, ME19 4JQ
Investec Wealth and Investment
100 Old Hall Street
Liverpool, L3 9AB
Bankers
Investment Managers
TRUSTEES. RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The charity trustees are responsible for preparing a trustees, annual report and financial ststements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice). The law applicable to charities in England and Wales requires the
charity trustees to prepare financial statements for each year which give a true and fair view of the
state of affairs of the charity and of the incoming resources and application of resources, of the charity
for that period. In preparing the finanGial statements, the trustees are required to..
selact suitsble accounting policies and then apply them consistently-
observe the methods and principles in the applicable Charities SORP.,
make judgements and estimates that are reasonable and prudent-
state whether applicable accounting standards have been followed, subject to any material
departures that must be disclosed and explained in the financial statements.
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continuè in business.

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
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TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2021
The trustees are responsible for keeping proper accounting records thal disclose with reasonable
aGcuracy at any time the financial position of the charity and to enable them to ensure that the
financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and
Reports) Regulations, and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the charity and t8king reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by the Trustees on and signed on their behalf by
David Knowlès
Chaimian
Dated: 12 <

Inde
endent Examlner's Re
The Sir Andrew Martin Trust for Youn
ort to the Trustees of
Peo
I report to the trustees on my examination of the acc£Junts of The Sir Andrew Martin Trust for Young
People ('tha charity'l for the year ended 30 June 2021. which are set out on pages 8 to 15.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance
with the requirements of the Chanties Act 2011 ('the 2011 Act.).
I report in respect of my examination of the GhartVs accounts carried out under section 145 of the
2011 Act and in carrying out my examination I have followed all the applicable Directions given by the
Charity Comrnission under section 145 (5}(b) of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be required in an
audil and consequenuy does not cover all the matters that an auditor considers in giving their opinion
on the accounts. The planning and rA)nduct of an audit goes beyond the limited assurance that an
independent examination can provide. Consequently. l express no opinion as to whether the accounts
present a 'true and fair view and my report is limited to those speafic matters set out in the
independent examinerfs statement.
Independent examinerfs statement
I have completed my examination. I confim that no material matters have come to my attention in
connection with the examination giving me reasonable cause to believe that in any material respect..
1. accounting records were not kept in respect of the charity as required by seclion 130 of the
2011 Act" or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the applicable requirements conceming the fomi and content
of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that Ihe accounts give a 'true and fair view, which is not a matter considered as part
of an independent examination.
I have no concerns and have come across no other matters in connection with the examinalion to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
iL4 7cLr hfrK*wJin4
Name: Anna Spencer-Gray
Name of applicable listed body.. The Institute of Chartered Accountants in England and Wales
Relevant professional qualification or body: Chartered Accountant
ON BEHALF OF RSM UK TAX AND ACCOUNTING LIMITED
Chartered Accountants
14, Floor
20 Chapel Street
Liverpool
L3 9AG
Date..
18 October 2021

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TH
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021
-UNRESTRICTED FUNDS-------
th
Year to 30 June 2021
Income
Capital
Funds
Funds
Year to
th
30 June 2020
Total
Total
Notes
Income from:
Donations & legacies
Investments
14,056
32,360
14,056
32,360
12,606
35,797
Tolal income
46,416
46,416
48,403
Expenditure on:
Raising funds
Charitable activities
300
16,906
300
16,906
255
17.213
Total expenditure
17,206
17,206
17,468
Net income before investment
galns and {losses)
29,210
29,210
30,935
Nel gainsl(lossesl on investments
173.962
173,962
(94.069)
Net incomel(expenditure) before
transfers between funds
29,210
173,962
203,172
{63,1341
Transfers between funds
(30,0001
30,000
Net movement in funds
1790)
203,962
203,172
{63,1341
Reconciliation of funds..
Total funds brought foNard
8,936 1,201,366
1,210,302
1,273,436
Total funds carried fonvard
8,10
8,146 1,405,328
1,413,474
1,210,302
The notes on pages 1010 15 form part oflhese accounts.
The nel movement in funds in the year was derived from the conlinuing activity of Ihe charty.
Thase unaijdited finanaal statèménts hava b&en subjected to independer*l examination. See report on page 7.

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TH
BALANCE SHEET AS AT 30 JUNE 2021
-UNRESTRICTED FUNDS-
Al
30 June 2021
At
30 June 2020
Notes
Fixed assets:
Investments
1,405,328
1.201,366
Current assets-
Cash at bank
9,686
10,607
Current liabilitSes:
Credilors
{1,5401
(1.6711
8,146
8,936
Net assets
1,413.474
1,210,302
The funds of the charily:
8,10
Capital Funds
Income Funds
1,405,328
8,146
1,201,366
8,936
1,413,474
1,210,302
Approved and aulhorised for issue bythe Trustees on and signed on their behalf by
Davld Knowles
Chaimian
Dated:
Thèsé unaudited financial slalements have b&&n subjèclÉd to indèpèndént èxamination. See report on page 7,

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2021
ACCOUNTING POLICIES
Basis of preparation
The accounts have been prepared under the historical cost convention with items recognised at
cost or trans8Ction value unless otherwise stated in the relevant notels) lo these accounts. The
financial slalements have been prepared in accordance with the Statement of Recommended
Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and
Charities Act 2011.
The Irust constitutes 8 public benefit entity as defined by FRS 102.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The Charity has taken advantage of the provisions in the SORP for Charities applying FRS 102
Update Bulletin 1 not to prepare a Statement of Cash Flows.
Going concern
At the time of approving the accounts. given the Covid-19 pandemic, the Irustees have a
reasonable expectation that the charity has adequate reSoUr￿S to continue in operalional
existence for the foreseeable fulure. Thus the truslees continue to adopl the going concern
basis of accounting in preparing the accounts.
Fund accountlng
Unrestricted fLJnds are considered free, reseNes and are expendable at the discretion of the
Trustees in furtheran￿ of the general objectives of Ihe Trust.
Investments
Investments held as fixed assets. in accordan￿ with SORP 2015 are stated and included in the
balance sheet at their market value al the valualion dale nearest to the year end. Realised and
unrealised gains and losses are dealt wth as movements on the Capital Fund. Investments are
valued at the mid-market price on the valuation date.
The main form of financial risk fa￿d by the charity IS that of volatility in equity markets and
investmenl markets due to wider economic conditions. The TrLtstees conduct a thorough risk
analysis in conjunction with thèir inveslment managers at each of their Investment Committee
meetings.
Income recognition
Income from investments comprises dividend income and interest and are accounted for when
received in the financial year.
Donations are recognised at the earlier of notification or date of receipt, in the case of the third
party donations and legacy income when received by the organisation.
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, il is probable that settlement will be required and the
amount of the obligation can be measured reliably.
Expenditure recognition
Ail expenditure is accounted for on an accruals basis. All expenses, induding support costs and
These unauiiited financial statements have been subjected lo In(Jependent examination. See report on page 7.
io

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2021
governance costs. are allocated or apportioned lo the applicable expenditure headings in the
statement of financial activities.
Raising funds costs relate to expenses incurred in the administration of the investmenl assets.
Charilable activities includes grant funding. along with associated support cosls. to
beneficiaries. These are dealt with in the Ststement of Financial Activities when payment has
been approved by the charity. GovemanGe costs relate to compliance with constilulional and
statutory requirements and specifically include all costs inourred by the charity in producing the
Annual Report.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held al call with banks, other short-
term liquid investments with original maturities of three months or less, and bank overdrafts.
Financial instruments
The charity has elected to apply the provisions of Seclion 11 'B8sic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 10 811 of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes
paty to the contractual provisions ofthe inslrument.
Financial assets and liabilities are offset, with the nel amounts presented in the financial
statements, when there is a legally enforceable right to sel off the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability
simultaneously.
Basic financial assets
Basic financial assels, which include debtors and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unlèss the arrangement constitutes a
financing transaction, where the transaction is measured at the present value of the future
receipts discounted at a market rate of interest. Financial assets classified as receivable within
one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, where the debt
instrument is measured at the present value of the future receipts discounted at a market rate of
interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate
method.
Derecognltion of Ilnanclal Ilabllltles
Financial liabilities are derecognised when the charity's contractual obligations expire or are
discharged or cancelled.
Taxation
The charity benefits from various exemptions from taxation afforded by lax legislation and is not
liable to corporation lax on income or gains falling within those exemptions. The charity is not
able to recover Value Added Tax. Expenditure is recorded in thè accounts inclusive of VAT.
Th&s8 unaudited financial slalemenls have been subjacted lo indèpèndent examination. See report 011 Pa9e 7.

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2021
CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
In the application of the charity's accounting policies, the twstees are required to make
judgements, eslimales and assumptions about the carrying arnount of assels and liabilities that
are not readily apparent from other sources. The estimates and associated assumptions are
based on historical experien￿ and other factors that are considered to be relevant. Actual
results may differ from these estimales.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and futLAre periods.
DONATIONS AND LEGACIES
Income
Funds
Capital
Funds
Total
2021
Total
2020
General donalions
£14,056
£14,056 £12,606
In 2020 the total income of £12,606 was unrestricted.
RAISING FUNDS
2021
2020
Investment administration fees - LCVS
£300
£255
Inveslment administration fees expenditure of £255 in 2020 was unreslricted.
These unaudited financial statements have been subjected to independenl Èxamination. See report on page 7.
12

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2021
CHARITABLE ACTIVITIES- GRANT FUNDING
2021
2020
Granl funding
14.820
15,024
14,820
15,024
Support and govemance costs..
Financial administration - LCVS
Independent examination fee
Trustee meetings
Volunteer expenses
Business cards
Bank charges
Website
1,294
252
1,431
246
52
50
96
92
302
60
400
2,086
2,189
16,906
17,213
No trustee other than LCVS (see note 111 has received any remuneralion for Iheir services as
trustee {2020- Nill. During the year no truslee was reimbursed out of pocket expenses (2020..
£Nil).
During the year the following grants were made to individual young people and charitable
voluntary youth organisations..
Grants of £1,000 and over to organisations:
Centre for Fun and Families
Chamwood 20'.20
Leicestershire & Rulland Youth & Family SeNiGes
Loughborough Sea Cadets
Peter Le Marchant Trust
Rutland Music Trust
The New Futures Project
Winstanley Wizards Table Tennis Club
1,000
1,000
1,000
1,500
1,000
1,000
1,000
1,000
8,500
3,550
2,770
Other grants to voluntary youth organisations
Grants to individuals
£14.820
In 2020 expenditure of £17,213 was unrestricted.
Thèse unaudited financial slalements have been subjected to independent examination. See report on page 7.
13

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30- JUNE 2021
FIXED ASSET INVESTMENTS
2021
2020
Quoted investments:
Market value at 1. July 2020
Capital introduced
Net unrealised gainsl{lossesl on investment assets
1,201,366
30,000
173,962
1.269.935
25.500
(94,0691
Market value at 30 June 2021
1,405,328
1,201,366
Book value at 30 June 2021
940,858
910,858
The trust holds 100 % of ils investments in a Charity Commission approved pooling
scheme, the Settlors, Trust Fund ISTF), administered by Liverpool Charity and Voluntary
servI￿s and managed by Investec Wealth and Investment. At 30, June 2021, the assets
of the STF fund had a total market value of £33,037.531 {2020.. £28.526,494) of which
£1,405,328 (2020.. £1,201,366) is an asset of the trust.
CREDITORS
2021
2020
Financial administration - LCVS
Independent examination fee
1,294
246
1,431
240
1,671
UNRESTRICTED FUNDS
Income Fund.. Investment income and donalions received for distribution as grants to
individual young people and charilable voluntary youth organisations.
Capital Fund.. Funds held provide income for the on-going activities of the trust.
TRANSFERS BETWEEN FUNDS
During the year an amount of £30,000 was transferred from income funds to capital funds, this
is to reflect an addition lo investments.
These unaudited financial statements have bethn subjacted to independent examination. See report on page 7.
14

THE SIR ANDREW MARTIN TRUST FOR YOUNG PEOPLE
TH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2021
10. RELATED PARTY TRANSACTIONS
Raising funds.. include £30012020: £2551 payable to LCVS to cover capital
administration costs.
Charitable activities.- these include £1,294 (2020= £1,431) payable to LCVS in respect of
accountancy and trust administration.
th
At 30 June 2021, creditors included an accrual of £1,294 to LCVS (2020.- £1,431).
LCVS is related lo the Trust by virtue of LCVS being the Trusl's corporate trustee.
Thase unaudited financial slalomènls have been subl8cted to independent examinab'on. Se8 report on page 7.
15