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2021-12-31-accounts

			Page
Trustees'	report		1-2
Statement	oftrustees'	responsibilities
Independent auditor's		report
Statement	offinancial	activities
Balance sheet
Notes to	the financial	statements	9-17

Trustees		Mr M Muschamp	Mr M Muschamp	Mr M Muschamp
		Mrs KHarwood
		Mrs P Stafford
		Mrs K Bromilow MBE
		Mr C N Calvert
		MrJ Child
Charity number		1143116
Principal address		Rushtons
		Shorrock	House
		1 Faraday		Court
		Fulwood
		Preston
		Lancashire
		PR1 9NB
Auditor		Champion		Accountants		LLP
		Unit 2 Olympic Court
		Whitehills		Business Park
		Blackpool
		Lancashire
		FY4 5GU
Bankers		NatWest pic
		35 Fishergate
		Preston
		Lancashire
		PR12GU
Solicitors		Napthens		LLP
		7VAnckley		Square
		Preston
		Lancashire
		PR1 3JD
Investment	advisors	Investec Wealth			&investment		Limited
		Beech House
		61 Napier		Street
		Shefgeld
		S118HS

			tinrestricted Endowment	tinrestricted Endowment	Total	Unrestricted	Endowment	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
		Notes	5	5	f.		E	6
come from:
Investments		2	199,671		199,671	200,830		200,830
~E* Cht
Raising funds				47,647	47,647		42,059	42,059
Charitable activities		3	244,614		244,614	240,099		240,099
Total resources expended			244,614	47,647	292,261	240,099	42,059	282,158
Net gains/(losses) investments		on 9		1,222,321	1,222,321		83,185	83,185
Net movement	in	funds	(44,943)	1,174,674	1,129,731	(39,269)	41,126	1,857
Fund balances	at 1
January 2021			125,923	10,688,327	10,814,250	165,192	10,647,201	10,812,393
Fund balances	at	31
December 2021			80,980	11,863,001	11,943,981	125,923	10,688,327	10,814,250

					2021	2020
				Notes	F	6
Fixed assets
Investments				10	11,561,404	10,362,737
Current assets
Debtors				12	24,908	2,200
Cash at bank	and	in	hand		391,609	458,193
					416,517	460,393
Creditors: amounts			falling due within
one year				13	(33,940)	(8,880)
Net current assets					382,577	451,513
Total assets	less current liabilities				11,943,981	10,814,250
Capital funds
Endowment		s-	enera
General endowment			funds		11,863,001	10,688,327
					11,863,001	10,688,327
Expendable	endowment				11,863,001	10,688,327
				14	11,863,001	10,688,327
Income funds
Unrestricted	funds				80,980	125,923
					11,943,981	10,814,250

		Unresb icted	Unrestricted
		funds	funds
		2021	2020
			f
Income	from listed investments	199,599	200,621
Charities	Aid Foundation	67
Interest	receivable	5	209
		199,671	200,830

				Charitable	Charitable
				Expenditure	Expenditure
				2021	2020
				8	8
Bank	Charges			16	31
Grant	funding	ofactivities (see note 6)		232,058	227,588
Share	ofgovernance		costs (see note 5)	12,540	12,480
				244,614	240,099

Endowment	Total
funds
general
2021	2020
	8
47,647	42,059
47,647	42,059

Support	cos	ts
			SupportGovernance		2021	Support	Governance	2020
			COStS	COStS		costs	costs
			6	5		5	5	F
Audit fees				2,940	2,940		2,880	2,880
Accountancy		&trustee
charges				9,600	9,600		9,600	9,600
				12,540	12,540		12,480	12,480
Analysed	between
Charitable	activities			12,540	12,540		12,480	12,480

				2021 5	2020 f
Grants to institutions:
Blackpool Music School				18,336
Boathouse Youth				26,500
Blackpool Carers	Centre			28,590
Magic Club					10,000
Stanleys Community Centre					10,000
Carnforth Rangers					25,000
Ridge Community	Centre				19,837
Circus Starr				7,607	10,789
Aspired Futures					10,000
Aiming Higher				1,795	10,000
Salvation Army Morecambe/La			ncaster		10,000
Homestart Morecambe					10,000
Blackpool Carers	Centre				10,000
Lytham StAnnes	RNLI				10,000
Morecambe RNLI					10,000
Millhead Football					13,225
PDSA				9,481	10,837
Fylde Rugby Community		Foun	dation	7,000	18,700
Loynes Specialist	School				25,000
Salvation Army Camforth				1,800
Strawberry Fields	Training			8,784
Omlet Ltd re RSPCA				1,725
Crag Bank Park				27,440
Easterleigh Animal Sanctuary				25,000
Boathouse Youth				25,000
Kirkby Lonsdale Rugby Club				27,000
Bleasdale School				16,000
Blackpool Grand	Theatre				5,000
Fdends ofEast Pines Park					9,200
				232,058	227,588

2021	2020
Number	Number

Net gains/(	loss	es) on investments
			Endowment	Endowment
			funds	funds
			general	general
			2021	2020
			6	F
Revaluation	of	investments	996,379	159,302
Gain/(loss)	on	sale ofinvestments	225,942	(76,117)
			1,222,321	83,185

Fixed asset investments
	Listed
	investments
	6
Cost or valuation
At 1 January 2021	10,362,737
Additions	824,195
Valuation changes	996,379
Dieposals	(621,907)
At 31 December 2021	11,561,404
Carrying amount
At 31 December 2021	11,561,404
At 31 December 2020	10,362,737

11	Financial		instruments			2021	2020
							6
	Carrying	amount of		financial assets
	Instruments		measured	at fair value through	profit or loss	11,561,404	10,362,737
12	Debtors
						2021	2020
	Amounts		falling due	within one year:			6
	Other debtors					24,908	2,200
13	Creditors:		amounts	falling due within one year
						2021	2020
							5
	Accruals	and deferred		income		33,940	8,880

14	Endowment	funds
					Movement	in funds									Movemsnt	In funds
		a,u at IJ s ~mm	rnsamlng Ie UI SS		Rsaour aa srawad d	T	W		R	«I sfsan garne andt I WS	ada J n mr	aa21	I w	omlng al	Rassur s p ndad	7	I	r	R	I tl garne 2nd lasses	g 21o	lance at sar 2221
					E			2		5		E			E			E		E		E
		10,647,201			(42,058)					83,185	10,688,327				(47,647)					1,222,321	11,863,001
		10,647,201			(42,058)					83,185	1,068,327				(47,647)					1,222,321	11,863,001

15	Analysis ofnet assets	Analysis ofnet assets	between funds
			Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
			6		6		6	8
	Fund balances at 31
	December 2021 are
	represented	by:
	Investments			11,561,404	11,561,404		10,362,737	10,362,737
	Current assets/
	(liabiliides)		80,980	301,597	382,577	125,923	325,590	451,513
			80,980	11,863,001	11,943,981	125,923	10,688,327	10,814,250