| Trustees | lan Forsyth Lee | Duncan | ||
|---|---|---|---|---|
| Geoffrey George | Wall | |||
| Mark Rupert Feeny | ||||
| Charity number | 1136180 | |||
| Principal address | c/o Brabners LLP | |||
| Horton House | ||||
| Exchange Flags | ||||
| Liverpool | ||||
| L2 3YL | ||||
| Auditor | DSG Chartered | Accountants | ||
| Castle Chambers | ||||
| 43Castle Street | ||||
| Liverpool | ||||
| L2 9TL | ||||
| Bankers | HSBC Bank pic | |||
| 99-101Lord Street | ||||
| Liverpool | ||||
| L2 6PG | ||||
| Solicitors | Brabners LLP | |||
| Horton House | ||||
| Exchange Flags | ||||
| Live rpoo I | ||||
| L2 3YL | ||||
| Investment | advisors | Rathbones | ||
| Port of Liverpool | Building | |||
| Pier Head | ||||
| Liverpool | ||||
| L3 1NW | ||||
| Accountants | DSG Chartered | Accountants | ||
| Castle Chambers | ||||
| 43Castle Street | ||||
| Liverpool | ||||
| L2 9TL |
| Page | ||
|---|---|---|
| Trustees' report |
1-4 | |
| Statement oftrustees' | responsibilities | |
| Independent auditor's |
report | |
| Statement offinancial |
activities | |
| Balance sheet | 10 | |
| Statement ofcash Rows | ||
| Notes to the financial | statements | 12-22 |
| Unrestricted | Unrestricted | Total | Unrestricted | Unrestricted | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||||
| General | Capital | General | Capital | ||||||
| Notes | 2021 8 |
2021 | 2021 | 2020 | 2020 6 |
2020f | |||
| Income and endowments | from: | ||||||||
| Donations and |
legacies | 3 | 100,000 | 100,000 | 350,000 | 350,000 | |||
| Charitable activities |
4 | 1,500 | 1,500 | 3,000 | 3,000 | ||||
| Investments | 5 | 182,963 | 182,963 | 160,029 | 160,029 | ||||
| Other income | 6 | 742 | 25,000 | 25,742 | 46 | 87,500 | 87,546 | ||
| Total income | 185,205 | 125,000 | 310,205 | 163,075 | 437,500 | 600,575 | |||
| ~Ex ndit~ure |
K | ||||||||
| Raising funds | 26,366 | 26,366 | 30,195 | 30,195 | |||||
| Charitable activities |
8 | 171,755 | 16,907 | 188,662 | 158,043 | 29,912 | 187,955 | ||
| Total resources | |||||||||
| expended | 171,755 | 43,273 | 215,028 | 158,043 | 60,107 | 218,150 | |||
| Net gains/(losses) | on | ||||||||
| investments | 13 | 1,976,962 | 1,976,962 | (830,891) | (830,891) | ||||
| Net incoming/(outgoing) | |||||||||
| resources | 13,450 | 2,058,689 | 2,072,139 | 5,031 | (453,498) | (448,467) | |||
| Other recognised | gains | and | losses | ||||||
| Revaluation of |
Motor | ||||||||
| Vehicles | (114,000) | (114,000) | |||||||
| Net movement | in | funds | 13,450 | 1,944,689 | 1,958,139 | 5,032 | (453,498) | (448,467) | |
| Fund balances | at 6 | ||||||||
| April 2020 | 149,768 | 9,723,638 | 9,873,406 | 144,736 | 10,177,136 | 10,321,872 | |||
| Fund balances | at | 5 | |||||||
| April 2021 | 163,217 | 11,668,328 | 11,831,545 | 149,768 | 9,723,638 | 9,873,406 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | |||||
| Fixed assets | |||||||
| Tangible assets | 14 | 3,045,000 | 3,159,000 | ||||
| Investment | properties | 15 | 90,000 | 90,000 | |||
| Investments | 16 | 7,954,484 | 5,079,585 | ||||
| Clerical Medical Policy | Bond | 300,299 | 153,162 | ||||
| 11,389,783 | 8,481,747 | ||||||
| Current assets | |||||||
| Debtors | 17 | 742 | 175,000 | ||||
| Cash at bank and | in | hand | 464,595 | 1,238,693 | |||
| 465,337 | 1,413,693 | ||||||
| Creditors: | amounts | falling due within | |||||
| one year | 18 | (23,575) | (22,034) | ||||
| Net current | assets | 441,762 | 1,391,659 | ||||
| Total assets less | current liabilities | 11,831,545 | 9,873,406 | ||||
| Income funds | |||||||
| Unrestricted | funds | - Ca | ital | ||||
| General fund | 11,782,328 | 9,723,639 | |||||
| Revaluation | ofmotor | vehicles | (114,000) | ||||
| 11,668,328 | 9,723,638 | ||||||
| Unrestricted | funds | - General | 163,217 | 149,768 | |||
| 11,831,545 | 9,873,406 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | F | 8 | ||||||
| Cash flows from operating | activities | |||||||
| Cash (absorbed by)/generated |
from | 21 | ||||||
| operations | (25,987) | 177,329 | ||||||
| Investing | activities | |||||||
| Purchase | of investments | (1,866,740) | (1,897,661) | |||||
| Proceeds | on disposal of investments | 935,666 | 1,103,617 | |||||
| Investment | income received | 182,963 | 160,029 | |||||
| Net cash | used in investing | activities | (748,111) | (634,015) | ||||
| Net cash | used in financing | activities | ||||||
| Net decrease in cash and | cash equivalents | (774,098) | (456,686) | |||||
| Cash and | cash equivalents | at beginning | ofYear | 1,238,693 | 1,695,378 | |||
| Cash and | cash equivalents | at end of | Year | 464,595 | 1,238,692 |
| Donations | and legacies | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| Capital | Capital | ||
| 2021 | 2020 | ||
| k | 5 | ||
| Donations | and giRs | 100,000 | 350,000 |
| Donations | and gifts | ||
| Cash Gift | 100,000 | 350,000 | |
| 100,000 | 350,000 |
| 2021 | 2020 |
|---|---|
| f | 0 |
| 1,500 | 3,000 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| General | General | |||
| 2021 | 2020 | |||
| 6 | ||||
| Income from listed investments | 135,477 | 114,166 | ||
| Income from unlisted | investments | 7,201 | 10,276 | |
| Overseas | interest | 12,936 | 7,700 | |
| Overseas | dividends | 27,031 | 26,764 | |
| Interest receivable | 318 | 1,123 | ||
| 182,963 | 160,029 |
| Unrestricted | Unrestricted | Total | Unrestricted | Unrestricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| general | Capital | General | Capital | |||
| 2021 8 |
2021 | 2021 | 2020f | 2020 5 |
2020 | |
| Gift Aid | 25,000 | 25,000 | 87,500 | 87,500 | ||
| HMRC | 742 | 742 | 46 | |||
| 742 | 25,000 | 25,742 | 46 | 87,500 | 87,546 |
| Unrestncted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| Capital | Capital | ||||
| 2021 | 2020 | ||||
| 8 | 5 | ||||
| Investment | m | na | ement | 26,366 | 30,195 |
| 26,366 | 30,195 |
| Charitable a |
ctivities | ||||
|---|---|---|---|---|---|
| 2021f | 2020 6 |
||||
| Motor vehicle insurance | 1,314 | 1,294 | |||
| Maintenance | 8, preparation | ofmotor vehicles for sale | 2,714 | 2,139 | |
| Insurance - Storage | ofArt | 3,353 | |||
| Transportation | costs | 8,367 | |||
| Meller Speakman fees |
371 | ||||
| 16,119 | 3,433 | ||||
| Grant funding | ofactivities (see note 9) | 150,000 | 145,000 | ||
| Share ofsupport costs (see | note 10) | (300) | |||
| Share ofgovernance | costs | (see note 10) | 22,543 | 39,822 | |
| 188,662 | 187,955 | ||||
| Analysis by |
fund | ||||
| Unrestricted | funds - | General | 171,755 | ||
| Unrestricted | funds - | Capital | 16,907 | ||
| 188,662 | |||||
| Forthe Year ended | 5April | 2020 | |||
| Unrestricted | funds - | General | 158,043 | ||
| Unrestricted | funds - | Capital | 29,912 | ||
| 187,955 |
| 2021f | 2020f | |||
|---|---|---|---|---|
| Grants to institutions: | ||||
| Greek Animal Welfare Fund | 10,000 | 10,000 | ||
| IndependentAge | 6,000 | 6,000 | ||
| Blind Veterans UK |
6,000 | 6,000 | ||
| The Royal British Legion | 6,000 | 6,000 | ||
| Combat Stress | 12,000 | 10,000 | ||
| SSAFA | 8,000 | 6,000 | ||
| The Royal Star &Garter Homes | 3,000 | 3,000 | ||
| Starlight Children's |
Foundation | 4,500 | 5,000 | |
| PDSA | 8,500 | 6,000 | ||
| Brooke Hospital for |
Animals | 11,000 | 9,000 | |
| The Gurkha Welfare |
Trust | 8,000 | 8,000 | |
| CCHF all About Kids | 2,000 | |||
| Parkinsons UK |
5,000 | 5,000 | ||
| ZANE | 9,000 | 8,000 | ||
| Addington Fund |
3,000 | 4,000 | ||
| StLuke's Cheshire | Hospice | 6,000 | 4,000 | |
| National Museums |
Liverpool | 4,000 | 4,000 | |
| The Severn Hospice | 5,000 | 3,000 | ||
| Seafarers UK |
2,000 | 3,000 | ||
| ABFThe Soldiers Chadity | 3,000 | 3,000 | ||
| Dogs Trust, Shrewsbury | 2,000 | 2,000 | ||
| The Woodland Trust |
2,000 | 4,000 | ||
| Douglas Bader Foundation | 1,000 | 1,000 | ||
| STUBS | 1,000 | 1,000 | ||
| Animals Asia | 2,000 | 2,000 | ||
| Happy Landings Animal Shelter |
1,000 | |||
| The Not Forgotten Association | 3,000 | 3,000 | ||
| Wings For Warriors | 2,000 | 3,000 | ||
| Up N Away | 1,000 | 1,000 | ||
| Katherine House Hospice |
3,000 | 2,000 | ||
| Abbeyfield | 500 | 1,000 | ||
| MIND | 1,000 | 1,000 | ||
| Silver Line | 2,000 | 2,000 | ||
| Breakthrough | 2,000 | 2,000 | ||
| Nicodemos | 1,000 | 2,000 | ||
| 3H Fund | 1,500 | 2,000 | ||
| StJohn the Baptist, | Mildenhall | 2,000 | 2,000 | |
| Outward Bound |
3,000 | |||
| Lifeworks | 1,000 | 1,000 | ||
| 150,000 | 145,000 |
| 10 | Support | costs | ||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2021 | Support | Governance | 2020 | |||
| costs | costs | costs | costs | |||||
| 6 | f | 9 | ||||||
| Trustees' | expenses | (300) | (300) | |||||
| Legal and | professional | 13,303 | 13,303 | 29,971 | 29,971 | |||
| Audit costs | 1,200 | 1,200 | 1,200 | 1,200 | ||||
| Accountancy fees |
8,040 | 8,040 | 8,652 | 8,652 | ||||
| 22,543 | 22,543 | (300) | 39,823 | 39,523 | ||||
| Analysed | between | |||||||
| Charitable | activities | 22,543 | 22,543 | (300) | 39,823 | 39,523 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | |||||
| Capital | |||||
| 2021 6 |
2020f | ||||
| Revaluation | ofinvestments | 1,761,941 | (853,596) | ||
| Gain/(loss) | on sale ofinvestments | 67,884 | 22,599 | ||
| Revaluation | ofCMG paid up whole of life policy | 147,137 | 106 | ||
| 1,976,962 | (830,891) | ||||
| Tangible | fixed assets | ||||
| Motor vehicles | Paintings | Total | |||
| 6 | |||||
| At 6 April | 2020 | 379,000 | 2,780,000 | 3,159,000 | |
| Revaluation | (114,000) | (114,000) | |||
| At 5April | 2021 | 265,000 | 2,780,000 | 3,045,000 | |
| Carrying | amount | ||||
| At 5 April | 2021 | 265,000 | 2,780,000 | 3,045,000 | |
| At 5April | 2020 | 379,000 | 2,780,000 | 3,159,000 | |
| Investment | property | ||||
| 2021 | |||||
| Fair value | |||||
| At 6 April 2020 and 5 Apriil 2021 | 90,000 |
| Fixed ass | et investments | |
|---|---|---|
| Listed | ||
| investments | ||
| 6 | ||
| Cost orvaluation | ||
| At 6April | 2020 | 5,079,585 |
| Additions | 1,866,740 | |
| Valuation | changes | 1,761,941 |
| Profit/(loss | on disposals) | 67,884 |
| Disposals | (821,666) | |
| At 5April | 2021 | 7,954,484 |
| Carrying | amount | |
| At 05April | 2021 | 7,954,484 |
| At 05April | 2020 | 5,079,585 |
| 17 | Debtors | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Amounts falling due |
within one year: | 8 | ||
| Other debtors | 742 | 175,000 | ||
| 18 | Creditors: amounts | falling due within one year | ||
| 2021f | 2020 | |||
| Accruals and deferred | income | 23,575 | 22,034 |
| 19 | Analysis ofnet assets | Analysis ofnet assets | between funds | |||||
|---|---|---|---|---|---|---|---|---|
| General | Capital | Total | General | Capital | Total | |||
| 2021 6 |
2021 | 2021 f. |
2020 f |
2020 6 |
2020 f |
|||
| Fund balances at 5 | ||||||||
| Apiil 2021 | are | |||||||
| represented | by: | |||||||
| Tangible assets | 3,045,000 | 3,045,000 | 3,159,000 | 3,159,000 | ||||
| Investment | properties | 90,000 | 90,000 | 90,000 | 90,000 | |||
| Investments | 7,954,484 | 7,954,484 | 5,079,585 | 5,079,585 | ||||
| Clerical Medical Policy | ||||||||
| Bond | 300,299 | 300,299 | 153,162 | 153,162 | ||||
| Current assets/ | ||||||||
| (liabilities) | 163,217 | 278,545 | 441,762 | 1,391,659 | 1,391,659 | |||
| 163,217 | 11,668,328 | 11,831,545 | 9,873,406 | 9,873,406 |
| 21 | Cash generated from operations |
Cash generated from operations |
2021f | 2020 | ||
|---|---|---|---|---|---|---|
| Surplus/(deficit) for the Year |
2,072,139 | (448,467) | ||||
| Adjustments for: |
||||||
| Investment income recognised |
in statement | offinancial | activities | (182,963) | (160,029) | |
| Gain on disposal ofinvestments | (67,884) | (22,599) | ||||
| Fair value gains and losses on | investment | bond | (147,137) | (106) | ||
| Fair value gains and losses on | investments | (1,761,941) | 853,596 | |||
| Fair value gains and losses on | motor vehicles | (114,000) | ||||
| Movements in working capital: |
||||||
| Decrease/(increase) in debtors |
174,258 | (50,000) | ||||
| Increase in creditors |
1,541 | 4,934 | ||||
| Cash (absorbed by)/generated |
from operations | (25,987) | 177,329 | |||
| 22 | Analysis ofchanges in net funds |