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2022-04-05-accounts

Trustees lan Forsyth Lee Duncan lan Forsyth Lee Duncan
Geolfrey George Wall
Mark Rupert Feeny
Charity number 1136180
Principal address cro Brabners LLP
Horton House
Exchange Rags
Liverpool
t2 3YL
Auditor DSG Chartered Accountants
Castle Chambers
43Castle Street
Liverpool
L29TL
Bankers HSBC Bank pic
99-101 Lord Street
Liverpool
L26PG
Solicitors Brabners LLP
Horton House
Exchange Flags
Liverpool
t2 3YI
Investment advisors Rathbones
Port ofLiverpool Building
Pier Head
Liverpool
L3 1NW
Accountants DSG Chartered Accountants
Castle Chambers
43Castle Street
Liverpool
L29TL

Page
Trustees' report
Statement oftrustees' responsibilities
Independent
auditor's
report
Statement offinancial activities
Balance sheet
Statement ofcash flows 10
Notes to the financial statements 11 - 21

Unrestricted Unrestricted Total Unrestricted Unrestricted Total
funds funds funds funds
General Capital General Capital
Notes 2022
6
2022
6
2022
8
2021
6
2021f 2021
6
Inco n wmn f m
Donations
and
legacies 100,000 100,000
Charitable
activities
1,500 1,500
Investments 215,832 215,832 182,963 182,963
Other income 1,400 1,400 742 25,000 25,742
Total income 217,232 217,232 185,205 125,000 310,205
Raising funds 32,393 32,393 26,366 26,366
Charitable
activities
8 241,559 21,574 263,133 171,755 16,907 188,662
Other 13 36 36
Total resources.
expended 241,595 53,967 295,562 171,755 43,273 215,028
Net gains/(losses) on
investments 14 409,703 409,703 1,976,962 1,976,962
Net (outgoing)/incoming
resources (24,363) 355,736 331,373 13,450 2,058,689 2,072,139
Other recognised gains and losses
Revaluation
of
Motor
Vehicles (114,000) (114,000)
Net movement in funds (24,363) 355,736 331,373 13,450 1,944,689 1,958,139
Fund balances at 6April
2021 163,218 11,668,327 11,831,545 149,768 9,723,638 9,873,406
Fund balances at 5
April 2022 138,855 12,024,063 12,162,918 163,218 11,668,327 11,831,545

2022 2021
Notes g 6
Fixed assets
Tangible assets 15 3,045,000 3,045,000
Investment properties 16 90,000 90,000
Investments 17 8,254,740 7,954,484
Mixed motive investments 378,274 300,299
11,768,014 11,389,783
Current assets
Debtors 18 4,102 742
Cash at bank and in hand 408,370 464,595
412,472 465,337
Creditors: amounts falling due within
one year 19 (17,568) (23,575)
Net current assets 394,904 441,762
Total assets less current liabilities 12,162,918 11,831,545
Income funds
Unrestricted funds - Ca ital
General fund 12,024,063 11,782,328
Revaluation reserve (114,000)
12,024,063 11,668,328
Unrestricted funds - general 138,855 163,217
12,162,918 11,831,545

Motor vehicles zero
Paintings zero

To1al Unrestricted
funds
Capital
2022f 2021f
Donations and giRs 100,000
Donations and gTits
Cash Gift 100,000
100,000
4 Charitable activities
2022f 2021f
Rental income 1,500

Unreshfcted Unrestricted
funds funds
General General
2022 2021
8
Income from listed investments 145,161 135,477
Income from unlisted investments 7,927 7,201
Overseas interest 11,915 12,936
Overseas dividends 50,787 27,031
Interest receivable 42 318
215,832 182,963
Unmstricted Unrestricted Unrestricted Total
funds funds funds
general General Capital
2022 2021 2021 2021
f f 8 6
Wayleaves 1,000
Gift Aid 25,000 25,000
HMRC 400 742 742
1,400 742 25,000 25,742
Unrestricted Unrestricted
funds funds
Capital Capital
2022 2021
6 8
32,393 26,366
32,393 26,366

2022f 2021
6
Motor vehide insurance 1,314 1,314
Maintenance 6preparation of motor vehicles forsale 1,820 2,714
Insurance - Storage ofArt 3,388 3,353
Transportation
costs
3,846 8,367
Meller Speakman fees 371
10,368 16,119
Grant funding ofactivities (see note 9) 224,000 150,000
Share ofgovernance costs (see note 10) 28,765 22,543
263,133 188,662
Analysis
by fund
Unrestricted
funds -
General
Unrestricted
funds -
Capital
263.133
Forthe Yearended 5April 2021
Unrestricted
funds -
General 171,755
Unrestricted
funds -
Capital 16,907
188,662

2022 2021
6 2
Grants to institutions:
Greek Animal Welfare Fund 15,000 10,000
Independent
Age
6,000 6,000
Blind Veterans
UK
9,000 6,000
The Royal BriTish Legion 10,500 6,000
Combat Stress 18,000 12,000
SSAFA 12,000 8,000
The Royal Star &Garter Homes 4,500 3,000
Starlight Children's Foundation 6,750 4,500
PDSA 12,750 8,500
Smoke Hospital for Animals 16,500 11,000
The Gurkha Welfare Trust 12,000 8,000
CCHF afiAbout Kids 2,000
Parkinsons
UK
7,500 5,000
ZANE 13,500 9,000
Addington
Fund
7,500 3,000
StLuke's Cheshire Hospice 6,000 6,000
Nafionsl
Museums
Liverpool 6,000 4,000
The Sevem Hospice 7,500 5,000
Seafarers
UK
3,000 2,000
ABFThe Soldiers Charity 4,500 3,000
Dogs Trust, Shrewsbury 3,000 2,000
The Woodland
Trust
3,000 2,000
Douglas Bader Foundation 1,500 1,000
STUBS 1,500 1,000
Animals Asia 3,000 2,000
The Not Forgotten Association 4,500 3,000
Wings For Warriors 3,000 2,000
Up N Away 1,500 1,000
Katherine
House Hospice
4,500 3,000
Abbeyfield 750 500
MIND 1,500 1,000
Silver
I ine
3,000 2,000
Breakthrough 2,000 2,000
Nicodemos 1,500 1,000
3H Fund 2,250 1,500
StJohn the Baptist, Mildenhsfi 2,000
Outward
Bound
1,000
Lifeworks 1,000
Mildenhafi
Parochial
Church 3,000
Outward
Bound Trust
2,000
Independent
Age
3,000
224,000 150,000

10 Support costs
Support Governance 2022Support costs Governance 2021
costs
f
costs
6
6 6 costs
6
Legal and professional 20,197 20,197 13,303 13,303
Audit costs 1,200 1,200 1,200 1,200
Accountancy fees 7,368 7,368 8,040 8,040
28,765 28,765 22,543 22,543
Analysed between
Charitable activities 28,765 28,765 22,543 22,543

Unrestricted Total
funds
Capital
2022 2021
6
Revaluation ofinvestments 329,866 1,761,941
Gain/(loss) on sale ofinvestments 1,862 67,884
Revaluation ofCMG paid up whole of life policy 77,975 14'7,137
409,703 1,976,962
15 Tangible Bxedassets
Motor vehicles
8
Paintings
8
Totalf
At 6April 2021 265,000 2,780,000 3,045,000
At 5April 2022 265,000 2,780,000 3,045,000
Carrying amount
At 5April 2022 265,000 2,780,000 3,045,000
At 5April 2021 265.000 2,780,000 3,045,000
16 Investment property
2022
8
Fair value
At 6April 2021 and 5April 2022 90,000

Fixed as set investmerrts
Listed
investments
5
Cost orvaluation
At 6April 2021 7,954,484
Additions 1,212,223
Valuation changes 329,866
Profit/(loss on disposals) 1,861
Disposals (1,243,694)
At 5April 2022 8,254,740
Carrying amount
At 05April 2022 8„254,740
At 05April 2021 7,954,484

Debtors
2022 2021
Amounts falling due within one year: 8 8
Other debtors 4,102 742
Cmditor s: a mounts
f
alling due within one year
2022 2021
9 5
Accruals and deferred income 17,568 23,575

20 Analysis ofnet assets between Analysis ofnet assets between Analysis ofnet assets between Analysis ofnet assets between funds
General Capital Total General Capital Total
2022 2022 2022 2021 2021 2021
8 8 8 8 8
Fund balances at 5
April 2022are
represented
by:
Tangible assets 3,045,000 3,045,000 3,045,000 3,045,000
Investment
properties
90,000 90,000 90,000 90,000
Investmenis 8,254,740 8,254,740 7,954,484 7,954,484
Mixed mo6ve
investments 378,274 378,274 300,299 300„299
Current
assets/(liablTlBles)
138,855 256,049 394,904 163,217 278,545 441,762
138,855 12,024,063 12,162,918 163,217 11,868,328 11,831,545
21 Related party trees rcthats
There were no disdosable related party transactions during the Year (2()21 - none).
22 Casitg~ frcNllll opaaattons 2022
6
2021
Surplus for the Year 331,373 2,072,139
Adjustments
for:
Investment
income recognised
in statement ofnnancial actiwties (215,832) (182,963)
Gain on disposal ofinvestments (1,862) (67,884)
Fair value gains and losses on investment bond (77,975) (147,137)
Fair value gains and losses on investments (329,866) (1,761,941)
Fair value gains and losses on motor vehicles (114,000)
Movements
in working capital:
(Increase)/decrease in debtors (3,360) 174,258
(Decrease)/increase in creditors (6,007) 1,541
Cash absorbed by operations (303,529) (25,987)
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