| Trustees | Mr M Muschamp | Mr M Muschamp | |||||
|---|---|---|---|---|---|---|---|
| Mrs K Harwood | |||||||
| Mrs P Stafford | |||||||
| Mrs K Bromilow | MBE | ||||||
| Mr C N Calvert | |||||||
| Mr J Child | |||||||
| Charity number | 1143116 | ||||||
| Principal address | Rushtons | ||||||
| Shorrock | House | ||||||
| 1 Faraday | Court | ||||||
| Fulwood | |||||||
| Preston | |||||||
| Lancashire | |||||||
| PR1 BNB | |||||||
| Auditor | Champion | Accountants | LLP | ||||
| Unit 2 Olympic | Court | ||||||
| Whitehills | Business Park | ||||||
| Blackpool | |||||||
| Lancashire | |||||||
| FY4 5GU | |||||||
| Bankers | NatWest pic |
||||||
| 35 Fishergate | |||||||
| Preston | |||||||
| Lancashire | |||||||
| PR1 2GU | |||||||
| Solicitors | Napthens | LLP | |||||
| 7Winckley | Square | ||||||
| Preston | |||||||
| Lancashire | |||||||
| PR1 3JD | |||||||
| Investment | advisors | Investec Wealth | & Investment | Limited | |||
| Beech House | |||||||
| 61 Napier | Street | ||||||
| Sheffield | |||||||
| S11SHS |
| Page | ||
|---|---|---|
| Trustees' report |
||
| Statement oftrustees' | responsibilities | |
| Independent auditor's |
report | 4-6 |
| Statement offinancial | activities | |
| Balance sheet | ||
| Notes to the financial | statements | 9-16 |
| Unrestricted | Endowment | Total | Unrestricted | Endowment | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |||
| Notes | 6 | 6 | 8 | |||||
| Income from: | ||||||||
| Investments | 2 | 255,323 | 255,323 | 199,671 | 199,671 | |||
| ~E* Ch |
||||||||
| Raising funds | 45,812 | 45,812 | 47,647 | 47,647 | ||||
| Charitable activities |
8 | 155,528 | 155,528 | 244,614 | 244,614 | |||
| Total expenditure | 155,528 | 45,812 | 201,340 | 244,614 | 47,647 | 292,261 | ||
| Net gains/(losses) | on | |||||||
| investments | (1,355,514) | (1,355,514) | 1,222,321 | 1,222,321 | ||||
| Net movement | in | funds | 99,795 | (1,401,326) | (1,301,531) | (44,943) | 1,174,674 | 1,129,731 |
| Fund balances | at 1 January | |||||||
| 2022 | 80,980 | 11,863,001 | 11,943,981 | 125,923 | 10,688,327 | 10,814,250 | ||
| Fund balances | at | 31 | ||||||
| December 2022 | 180,775 | 10,461,675 | 10,642,450 | 80,980 | 11,863,001 | 11,943,981 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 6 | f | |||||
| Fixed assets | |||||||
| Investments | 10,249,860 | 11,561,404 | |||||
| Current assets | |||||||
| Debtors | 12 | 134 | 24,908 | ||||
| Cash at bank and in | hand | 425,284 | 391,609 | ||||
| 425,418 | 416,517 | ||||||
| Creditors: | amounts | falling due within | |||||
| one year | 13 | (32,828) | (33,940) | ||||
| Net current | assets | 392,590 | 382,577 | ||||
| Total assets less current liabilities | 10,642,450 | 11,943,981 | |||||
| Capital funds | |||||||
| Endowment | funds | — | eneral | ||||
| General endowment | funds | 10,461,675 | 11,863,001 | ||||
| 10,461,675 | 11,863,001 | ||||||
| Permanent | endowment | 10,414,028 | |||||
| Expendable | endowment | 47,647 | 11,863,001 | ||||
| 14 | 1 | 0,461,675 | 11,863,001 | ||||
| Income funds | |||||||
| Unrestricted | funds | 180,775 | 80,980 | ||||
| 10,642,450 | 11,943,981 |
| Investments | ||||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| 2022 f |
2021f | |||
| Income from listed investments | 253,610 | 199,599 | ||
| Charities Aid | Foundation | 67 | ||
| Interest receivable | 1,713 | 5 | ||
| 255,323 | 199,671 | |||
| Charitable activities |
||||
| Charitable | Charitable | |||
| Expenditure | Expenditure | |||
| 2022 | 2021 | |||
| f | ||||
| Bank Charges | 12 | 16 | ||
| Grant funding | ofactivities (see note 6) | 143,336 | 232,058 | |
| Share ofgovernance | costs (see note 5) | 12,180 | 12,540 | |
| 155,528 | 244,614 |
| Endowment | Total | |||
|---|---|---|---|---|
| funds | ||||
| general | ||||
| 2022 f |
2021f | |||
| Investment | mana | emeni | 45,812 | 47,647 |
| 45,812 | 47,647 |
| 5 | Support costs | |||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2022 | 2021 | |||||
| costs | costs | |||||||
| 6 | f | 6 | ||||||
| Audit fees | 3,000 | 3,000 | 2,940 | |||||
| Accountancy &trustee |
charges | 9,180 | 9,180 | 9,600 | ||||
| 12,180 | 12,180 | 12,540 | ||||||
| Analysed between |
||||||||
| Charitable activities |
12,180 | 12,180 | 12,732 | |||||
| Governance costs includes |
payments | to the auditors off3000(2021-62940) for audit | fees. | |||||
| 6 | Grants payable | |||||||
| 2022 | 2021 | |||||||
| f | 6 | |||||||
| Grants to institutions: | ||||||||
| Blackpool Music School | 18,336 | |||||||
| Boathouse Youth |
26,500 | |||||||
| Blackpool Carers | Centre | 24,728 | 28,590 | |||||
| Circus Starr | 7,607 | |||||||
| Aiming Higher |
1,795 | |||||||
| PDSA | 16,130 | 9,481 | ||||||
| Fylde Rugby Community | Foundation | 7,000 | ||||||
| Salvation Army Carnforth |
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 | |||||||
| Educational Diversity |
23,870 | |||||||
| World Horse Welfare | 10,960 | |||||||
| Cancer Care | 20,245 | |||||||
| Friends of Morecambe | Bay | 7,000 | ||||||
| South Shore Hub | 9,700 | |||||||
| Lowther Gardens | Lytham | 25,000 | ||||||
| Lancashire Youth |
Challenge | 5,703 | ||||||
| 143,336 | 232,058 |
| 2022 | 2021 |
|---|---|
| Number | Number |
| Endowment | Endowment | |||
|---|---|---|---|---|
| funds | funds | |||
| general | general | |||
| 2022 | 2021 | |||
| f | f | |||
| Revaluation | of | investments | (1,597,408) | 996,379 |
| Gain/(loss) | on | sale of investments | 241,894 | 225,942 |
| (1,355,514) | 1,222,321 |
| Fixed asset investments | |
|---|---|
| Listed | |
| investments | |
| 6 | |
| Cost or valuation | |
| At 1 January 2022 | 11,561,404 |
| Additions | 1,457,151 |
| Valuation changes |
(1,597,408) |
| Disposals | (1,171,287) |
| At 31 December 2022 | 10,249,860 |
| Carrying amount |
|
| At 31 December 2022 | 10,249,860 |
| At 31 December 2021 | 11,561,404 |
| 12 | Debtors | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Amounts falling due |
within one year: | 6 | F | |
| Other debtors | 134 | 24,908 | ||
| 13 | Creditors: amounts | falling due within one year | ||
| 2022 | 2021 | |||
| F | ||||
| Accruals and deferred | income | 32,828 | 33,940 |
| 15 | Analysis ofnet assets | Analysis ofnet assets | between | funds | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Unrestricted | Endowment | Total | ||||
| funds | funds | funds | funds | ||||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||||
| 6 | F | 6 | 6 | 6 | 6 | ||||
| Fund balances at 31 | |||||||||
| December 2022 are | |||||||||
| represented | by: | ||||||||
| Investments | 10,249,860 | 10,249,860 | 11,561,404 | 11,561,404 | |||||
| Current assets/(liabilities) | 80,980 | 211,815 | 382,577 | 80,980 | 301,597 | 382,577 | |||
| 80,980 | 10,461,675 | 10,632,437 | 80,980 | 11,863,001 | 11,943,981 |