Ch•dty numbor. 1149025
THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

THE IAN & NATALIE LMNGSTONE CHARITABLE TRUST
CONTENTS
Page
Ref•rene8 and 4dmlnlstrallve d•tsll$ of the ch•rlty. Its Trusto9s and idvl$•r•
TrustO08' rnport
Ind•pgnd•nt oxamIno￿l r•port
8tatsm•nt ol flnancl•l •ctlvltl
Balan￿ •h••t
Not•• to the fln•nclal •tsl•monts
8-18

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARI￿, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2023
Tru8tse8
lan Livingstone
Natalie Livingstone
Mark Lgvltt
Charlty roql•tsrod
number
1149025
Prlnclpal offlc•
le Great Queen Street
Cnvènl C?arden
London
WC28 SAH
.4c¢ount•nts
Blle.k P.olher4.ber
l imi+ed
Chartered Accountants
16 Graal Queèn Str881
Covenl Garden
London
WC2B SAH
Ind0p•ndont Ex•mln•r
Pela Parkèr FCA
Lewls Golden LLP
Charterod AGwuntsn15
40 Queen Anne Street
London
W1G9EL
BJnkor•
Coutts & Co
440 The Strand
London
WC2R OQS
Pago 1

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Th8 Trustees present their annual report together with the flnanoal statements of The lan & NatslY& Livingstone
Charitable Trust for the year 1 April 2022 to 31 March 2023.
The financial statements have been prepared in accordance with the accounllng polScSes sel out In note 2 to the
financial slalements and comply wth the charills Trust Deed, Ihe Charities Act 2011 and the rolevant verslon of
the Slalemenl of Recommended Practica applicable lo charilles preparlng their linanclal slalemenls in
8cGord8nce wllh the Financial Reports'ng Standard applicable in thg UK and Republic of Ireland IFRS 1021.
ObJ•ctlvas and actlvltl•s
a. Pollcl•• and obJ•ctlvo•
The charflls objects are foGu$ed on tho SUPPOrt of charftle8 whos¢ fo¢u8es are on chlldren and dlsadvanlaged
groups. Th8r8 has bagn no change in thi8 durlng the year.
Publlc 8on•lft
In compliance wlth Soction 17 of th• Charillès Act 2011, the Chailly conllnued lo support charllles whosg focuses
are on children and dlsadvanlaged groups. This was achieved Ihrough grants made lo varlous Institutions
connected with children's and youth's welfare as disdosed in Note 4 to the financial stal8menl5.
The Iruslees have paid due rogard lo guldanGe Is9ued by the Chartty Comml8slon In dacldlng what acllvllles the
charity shoull undertake.
11 is the pollcy of the Trust888 lo mak8 grants to a wlde range of charllable bodles, focusing on chlldr8n Bnd
disadvantaged groups whlch arg r8gisleréd wlh the Charity Commission lor England and Wales, or are exempt
charilies within the meaning of tho Charities Act 2011. Grant opplications of up to £250.000 will be considered
and may be made towards revenue, capital or prolect expendiluie.
Applicallon$ from Indlvidua18 seeking per80nal support wlll not be Cons￿ored.
AchSov•ment8 and perforniance
M•ln achlov•monts of the charlty
During the y¢ar. thg Charity ¢onlinued 11$ support of young Londoners and other disadvantaged group chari119S
by m8king major grants paid lo Great Ormond Street Hospital of £175.31512022.. £NILI. Total grants paid by the
chadty during the year amounled to £497,30712022'. £105.2671, repr8sentlng 103%12022- 67%) of the incoming
rosourc8$,
Incom8 from donallons and legacles du￿ng th8 year amounted to £483,068 {2022.' £158,044> which included GSft
Ald claim r8ceivable during the ￿ar of £42,50012022.. £30,994) and gifts In kind of £3,00012022.' £3,000>.
Flnanclal TovI•w
a. Golng concern
The ch8rlty's total funds were In deftcll by £19,943, whlch Is covered by future dOna￿On$ from lan Llvlng8tone.
After making enquirie5, the Iru5tees have a reasonable exp8clallon that the charity has adequate resources lo
continue in operational existence and meet ils liabilitie5 as they fall due for the foreseeable future. This spans a
P8ri0d of al least ￿￿e1v8 months from the dale these financial statements wera approved. Accordingly, they
continue lo adopt the gdng concern basls in preparing the financial st818menls.
Pagg 2

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2023
b. Re¥erve$ poll¢y
It Is the policy of the charlty that unreslricled funds wh6ch have not been desSgnated for 8 specific use should be
maintsined al a lev818quivalgnt lo two month's expenditure. The ITuslees consider that reserves at this lev81 will
ensure that. in the event of a significant drop in funding. they wlll be 8bl8 lo continue the charity's current
activities whilè consid6ration is given to ways in which additional funds may be raised. Al 31 March 2023 the
reserves amount was a dgficit of £19,943. The Trustses are awar8 that the reseN8s at th8 reporting dal8 do not
meet the cdleria of the reserve$ policy. H¢)wever, the Trustsèes ara of tho opinion that they wll maintain the
requir8d level of reserved in future years.
c. Prlnclpal rlsks and unc•rtalnti
I I Iv li 6SavoaE¥u 141c li*#IOI i LU thv ttidiity Is éAVUl>¥U. ailu thi'¥ ¥¥li¥fi¥d Ilitti ¥Y￿L¥l[l¥ 141¥ 111
place lo mitigate exposure lo tho maior rlsks.
d. Prlnclp•l fundlnq
The ch8rS1l8 Income Is mad8 up prlm8rily of donats'ons and glft aid clalm8.
Governance costs related to Independent èxamin8rf$ fees.
The ch8rity recorded a nel deficll of £22,03912022.' Surplus of £44,977) tor th8 year.
•. Fln•n¢l•l r•vl•w
The Stal8menl of flnanclal advllles out on page 6 of the financlal slalements $hows how the Trust'$
Inwming resources have been expended In the year endgd 31 March 2023.
Totsl incoming rgsourGes amounted to £483,06812022'. £158,044), whlch comprfsed Income from donations.
Resources expended omount•d to £505,107 12022.. £113,G£71, with £497.307 12022.. £105,267) defrayed In
m8klng grants and £7,80012022.. £7.8001 on governance costs.
Ovarall, the net d8crea88 in funds for th8 year was £22.03912022: not Incr6a8e of £44.977).
The 8tatement of financlal position s81 out on page 7 of the financlal ststem8nts shows the financial posllion ol
the Trust al 31 March 2023.
Net current as5els amount to £107,557 12022.. £2.0961 which is represented by debtors of £42,500 12022:
£30,994) plus cash al bank and in hand of £107,357 12022: £9021, 1g¥s ¢urr8nt liabilities of £42,30012022'.
£29,800).
Total nel Ilabllllle5 8rn0unl to £19.94312022.' nel assèts of £2,096) whlch Is represented by th8 closing balance
on the unreslricled funds 8fter taklng Into consldefalion the don8llon$ payable after more than one year of
£127,50012022-. £Nill.
Structure. govemance and managemgnt
. Constltutlon
The charity was estsblished by 8 charitable Trust Deed dated 9 May 2012 and ￿gISte￿d on 20 September
2012, and is an unincorporated tharilable trust b￿Tr￿ by the prop8r18w of Engl8nd and Wales. The settlors are
lan and Natalie Livingslone.
Page 3

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
structure> goveinance and m4nagement Icontlnuedl
b. Method8 of appolntment or electlon of Truotg98
Th• tru$t•¢s who seNed during thg year and up lo the dale of signatur& of th8 financial statements W8r8'.
lan Livingston8
Na181ie Livingslone
Mark Levill
The power of appolnllng new or addltlon81 trustoos ve$18 wllh the exi81ing trustees and they mu81 be appolnted
by a resolutlon of the Trustegs passed al a &pecl81 m8eUng called under Clause 15 . There must be al least two
Truslees and no more than four Trustees.
OrganlsJtlon¥l #lructur• and d•clslon.maklng pollci88
The entire resourGa$ of the chadty are unre51ricled and the trustees hava complete discretion for their u88.
The Iru$t•O$ rno01 at prop8rly convened meellngs lo review the assets and finances of tho charlty and to
con81dar new donation app8815.
There are no slgnificant roslrictions In the way the charlty can op8r818 and there have been changes ol polScy
slnc• the Signlng of tt)6 Trust Deed.
The tru3tee8' investment power8 are unrgstrlcted.
d. Pollcl•8 adopt•d for the Inductlon and tralnlng of Tru•loal
Tralnlng of the trustees. is undertaken on an informal basi8. Each new Tnjstee upon his or her first appointment
will be given a copy of the Trust Deed and any am8ntsrnonl$ toll. a$ well as a copy of the ChariW8 latest report
and slalemenl of account$. All trustees are kept Informed al meellngs of their duties and obligations under the
law in addlllon to Ihelr proper conduct.
Plan$ for futur• p•rlod•
The Iruslee8 have no plans to change the tharills activities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
lan Livingston•
Date.. 1
Page 4

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2023
FOR THE YEAR ENDED 31 MARCH 2023
Indepfjndent examlnef8 report to the Truste¢8 of The lan & Natslle Llvlngstone Charltable Trust
I'th8 ¢harlty'}
I report lo the Iruslees on my oxaminalion of the financial stalemenls of The18n & Natalie Livingstone Charilabl
Trust I'lhe charily'l for the ye8r ended 31 March 2023 whlch comprise the Statement of Financial Actlwlies, the
Balance Sheet, the Statement of Cash Flows and related notes.
This report is made solaly to the charity's trustees, 8$ a body, in 8c¢ordance wlth soction 145 of the Charities Act
2011. My work ha¥ beon undertaken so that I might slate lo the charity's trustees those matt8r818m required lo
slate lo them in this ieport and for no other purp08e. To the fullest extent permitted by law. I do not accept or
assume responsibility lo anyone other than the charity and the charily's Iruslees as a body, for my work, for th1$
report, or for the opinions I have formed.
R••ponslbllStl•s and ba81s of roport
As the Trustees of the charity you are responslble for the preparation of the accounts In 8ccord8nce wilh the
requirements of the Chaiille5 Act 2011 Ilhe 2011 Acl'l.
I report in r05pecl of my exarnln811on ol th8 charills accounts carried out under section 145 of the 2011 Act and
In cgrrying out my examln8llon I have followed the applicable Dlre¢lions glven by the Charfly Commi88ion under
Secllon 14515llbl of tho 2011 Act.
An independent examlnallon does not Involve gathering all the evldence thal would b8 requlred In an audit and
consequently does not COV8r all the mallers that an auditor conslders In glvlng Ihelr oplnlon on the flnancial
slalemenls. Tho plannlng and conduct of an audit goes beyond the IlmSled assurance thèt an Independent
X8mlnalion can provido. Consequently l express no oplnlon as lo whether the financlal statements present a
'Irue and falr. vl8w and my roport is Ilmlted lo those speclllc matterg sel out In the independont examiner's
slalemenl.
Indepondont examlnorfs •tat•m•nt
Sln¢g the trust's gros8 Income exceeded £250.000 your examlner must be a member of a body lisled In s¢cllon
145 of the 2011. 1 confirm that l 8m qualified lo undertake the ex8mln8tion because l 8m a member of ICAEW,
whlch is one of Ihe118ted bodies.
I hav¢ completed my examinallon. I conflrm that no m8terial matters have come to my attention in connectlon
wSlh the examinallon giving me cause to believe that In any material r8spect'.
accounting records were not kept in respect of the charity as required by Section 130 of tha 2011 Act: or
the iccounls do not accord wllh those records.. or
the accounts do not comply wilh the applicable r8quirBmenls conc8ming the form and content of
accounts sel out in the Charrties (Accounts and Rgportsl Regulations 2008 other than any requirement
that the accounts give a 'lnJe and fairf vlew which is not a matter considered as part ¢f an Sndepèndenl
examination.
I have no concerns and have come across no other mallers In connection wlth the examination lo which
attention should be drawn in Ihls report in order to enable a proper underslandlny of the financial slalements lo
be r&ached.
Daled.- 26 J8nu8ry 2024
FCA
Pela Parker
Lewls Golden LLP
Chartergd Accounlanls
40 Queen Anne St￿et
London
W1G9EL
Page 5

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2D23
Unr•strlctsd
funds
2023
Total
fund¥
2023
Totsl
funds
2022
Not•
Incomè Irom:
Oonations and legacies
483,068
483.068
158,044
Total Income
483,068
483.008
158,044
Exp•ndlture on:
Charitable actbvilies
505,107
505,107
113,067
Total •xpgndlture
505,107
505,107
113,067
Net movement Sn funds
122.039)
(210391
44,977
Reconclllatlon of fund¥:
Total funds brought lorward
Nal movement in funds
2,096
122,0391
2,096
122.0391
142.881)
44,977
Total fundi carrl•d forward
(19,943)
{19,g43)
2,096
The Slalemenl of financlal acllvitles includes all gains ar￿ loss88 recognlsed In the year.
The notes on pag65 8 to 18 form part of these Ilnanclal 51alemenl8.
Pag8 6

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
BALANCE SHEET
AS AT 31 MARCH 2023
2023
2022
Nots
Currnnt auots
Debtors
Cash at bank and In hand
42,500
107,357
902
149,857
31.896
Credllor8'. amounts falllng due wbthln on6
ya8r
10
142,300)
129,8001
N•t curr•nt 4••ots
107,557
2,096
T¢>tal aM•ts IM• curr•nt118bllttlel
Cr¢dltors.' amounts falllng dug after more
than one year
107,557
{127,5001
Totol n•t a•8•t•
{19,943)
2.096
Charlty fund•
UnreBITl¢l8d fund8
12
119,943)
2.096
Total fund•
119,943)
2,096
The financial statements were a
nd aulhorls8d for Issue by the Tru8lee ond signed on Ihelr behalf by..
lan Llvlnq8ton•
Natall• Llvlng8tono
Dato:
The not88 on poges 8 to 18 fonn part of th888 flnanclal statsmonts.
Page 7

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
G•nerttl infom)ation
The lan & N8ts11g Livlngslon• Charitable Trust is an unlncorporat8d chafily registered in England and
Wales with charity number 1149025. The principal address is 16 Great Que8n Street, Covenl Garden.
London, WC2B 5AH.
The financlal slalements a￿ presented In Slerllng (£1. whlch Is the functlonal currency ol thè charity.
Monetary amounts in th88e finan¢i81 $tatemen15 aro rounded to the nearest £.
Accountlng pollcle8
2.1 B8818 of preparatlon C¢1 flnanclal 8tatemollts
rh8 financial slalements have beon prepared in 8ccord8nce wllh Ihe Chariligs SORP IFRS 1021
Accounting and Reporting by ChaTilles- Statement of Recommended Pracllce applicabl8 lo chafilles
preparing their linancial slalements in accDrdance with the Flnanclal Reporting Standard applicable
in the UK and Republic ol Ireland IFRS 102112nd Edllion, effective January 20191 I Chari118S
SORP"), the Fin8ncial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021
and the Charities Act 2011.
The flnanclal slatem8nt8 have ￿en prepared lo give a Irue and fairf vlew and have dop8rted from
th8 Charities (Accounls and R8POrtsl Rggulations 2008 only lo Ihe &xlenl requlred lo provide a 'lrue
and IBlr view,. This d8partur8 has Involved followlng th8 rolev8nl version of the Ststem6nl ol
Recommgnded Practice applicable lo ¢harltle8 prgparing their fln8ncial statem6nts In accordan¢e
with the Financial Reporting Sl•nd8rd 8pplicab19 In the UK and Ropubllc of Ireland IFRS 1021 rather
than th8 Accountsng and Reportlng by Charities.. Ststement of Rgwmmended Practice affective from
1 April 2005 whlch has slnc8 been wlth(Jrawn.
The lan & Nalalle Llvlngslone Charllable Trust meets the deflnStlon of a publlc benefll enllly under
FRS 102.
Assets and Ilabllities are initially recognlsed al h18t0￿Cal oosl or Iran88¢llon valug un16ss olherwlse
6lated In the r818vanl a¢counling pollcy.
2.2 Golng ¢onc•m
The chadty's lolal funds were In deficit by £19,943, which is covered by future donations from lan
LSvingslone. After maklng enquiries, the Iruslees have a reasonable expectstion th8l the charity ha8
8dequale resources lo continue in operation81 existence and meet Ils liabilitie3 as they fall due for the
foreseeable future. This spans a period ol al least twelve rnonlhs from the dale Ihgse financi81
statements were approved. Accordingly, they continue tr) adopt the going concern basis in preparing
the financlal slalgments.
2.3 Income
All income is reiwn18ed onc8 thè charlty has Bnlilloment lo the income, it is prob8ble that the income
will be roceived and tho amount of income receNable can be measured rellably.
Income tsx recoverablg in rel81ion to donal*)ns rec8Ned under Gfft Aid or deeds of covenant is
recogn15ed al the lime of the donation.
Page 8

THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng pollclel Icontlnuedl
2.4 Expondlture
Expen(lilure is recognised once there is a legal or conslruclive obligation to transfer economic benefit
lo a third party, it is probable that a transfer of economic benefits will be required in sett19menl and
the 8mount ol th8 obligation can bo measureé reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs. including support costs
involved In undertaking each 8ctivily. Direct costs 8ttribulable lo a single artivity are allocated directly
lo that activity. Shared costs which Contribute lo more than one activity and support costs ¥thich are
not atlribulable lo a single oclivily are apportioned between those acllvllles on a bosis consistent with
the use ol resources. Central staff costs 8re alloc8ted on the basis of Ume spent, and depreciation
chaigas allocated on the portion ol the asset'8 use.
Expendllure on charitable 8Ctivilies is incurred on direcdy undfjrtaklng th8 a¢livllie5 which further the
charitls objectlV8S, 89 well as any associated 5UPPQrt costs.
Grants payable are charged In th& year when th¢ offer Is made except In those cases where the offer
Is condltSonal. such grants belng recognlsed as expendllure when the condlllons allaching are
fulfilled. Grants offered sublecl lo conditions which have not boen met al the year end ar8 noted as
commitment. bul not accrued as gxpendilure.
All expenditure is indusfve ol irrecov8¥able VAT.
2.5 Debtorg
Trade and other debtors arg recognlsed al th8 selllement amount after any trade di8¢0unl offered.
Prepayments are valued al the amount prepald n¢t of any trade discounts due.
2.6 Cash at bank and In hand
Cash at bank and in hand includ88 cash and 8hort-1orm highly liquld investments with a short maturity
of three months or less from the dole of acqui81tlon or openlng of the dep0811 or slmi18r 8¢¢ounl.
2.7 Llabllltlo8 and provlslons
Liabililigs arg recognised when there Is an obllgallon at the balance sheet date as a r•sull of a past
evenl,11 is probable that a transfèr of economi¢ benefit will be requlred in selllement, and tha amount
of the settlement can be estimated reliably.
Llabilitles are recognlsed at the 8mounl th81 the charity anticip8les il will pBy lo settle the debt or the
amount il has received as advanced payment$ for the goods or servic8s It must provide.
2.8 Flnanclal Instruments
The charity has elected to apply Sections 11 and 12 of FRS 102 in respect of flnancial inslrumenls.
Financlal assets and financial liabilitie3 aro recognised when the charity becomes party lo the
Th)ntra¢tual provisions of tho inslrum6nl.
Financial liabilities and oquily instruments 8r8 cla88Sfled accordlng lo th8 substanc8 of the Gonlr8clual
arrangements entered Into.
The charitys policies for its malor classes of financial ass81s and ftnancial liabilities are set out below.
Page 9

ThE IAN & NATALIE UVINGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng pollclè8 (contlnuedl
Financial instrumants (contlnufjdl
Flnan¢i•l a$•at•
BasSc financlal asset8. Indudlng trade and other debtors and cash and bank bglanrKs are initially
recogni8ed al transaction price, unle88 th8 arrangement con81ilules a financing Iran8actlon, where
Ihe Iransacllon is measured al the present value of the futur6 receipts discoun18¢J al a market rat8 of
Interest for a slmilar debt instrument. Financlng Iransacllons ar9 those in ￿lch payment 18 dafgrred
beyond nomial businè88 terms or is financed al a rate of interesl thal18 not 8 market rate.
Such a8sets are sub8equenlty carrled al amortlsèd eosl using the effecllve inlere$t mothod,1885 8ny
impairment.
Flnanclal Ilabllltlei
Basic flnanclal liablllll95, Includlng trade and other credllor8 are Inltlalty recognlsed al Iransactlon
prlce, unless the arrangement conslllules a financing transact￿n, where the dabl Instrument Is
measijred al the present value of the future p8ymen18 discounl8d al a markel ralo of interest for a
similar debt Inslrum8nl. Flnancing Ir8ns8clions are Ih05e in which payment is deferred beyond
nomi81 buslness temis or is financed 81 a rale of Inte￿$1 that is not a markel rate.
Dobl inslrumonls oro subsoquontly carriod et amortlsed COBI, using the effect*ve intore$l r81e method.
Imp•lrm•nt of fln•n¢l•l a••ots
Fin8nGi81 as$$ls measurad al Gost and 8rn0rt1sed cost are assessed al the ènd of •a¢h reportlng
period for objective evidance of imp8irmenl. If objecltve evidence of impaimienl is found, an
Impalrmènl loss is r8cognI88d In the 8lal8m•nl of financial activllle8.
For flnanclal assets measured at ¢o$l 16$$ impalmenl, the impalmient lo$$ 1$ measured as the
¢JillyiyiiL¥ L)¥1W￿¥lI Ili¥ 4bbvI'b L&iiyiiiy diiiuuiil urid Ili¥ b¥¥1 ¥s1iiTiate of the amount the charity
would recelvè for the ass81 if il wore to be sold al the reportlng dale.
For financial assets measured al amorti$¢d co$1, the Imp8irmenl loss Is mèasured as the dlfference
between the asset's c8rrySng amount and the present value of 93timaled cash flows discounted al the
asset's origlnal effectlve Interest rate. If the financial asset has a varlable inlgr051 rate, the discount
rale for measuring any Impaimienl loss Is the current effective inl8resl rale determined under the
contract.
If there 15 a decTeasg in the imp8imienl Ioss arislng from an event occurring after the impalmienl was
Tecognised, the impairment 15 reversed, The revorsal is such th81 the current carrying amount does
nol exceed what the corrwng amount would have been had Ihg imp8irmenl not previously been
recLJgnised. The impairment reversgl is recogni$8d in the statement of finanrial aclivilies.
Page 10

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng pollcl¢s Icontlnu•d)
Financlal Instrumènts Icontlnuedl
D•recognltlon of flnanGlal a8$0ts and flnancial Ilabllltio¥
Flnanc581 assets affj derecognised when (al the contractual rSghts to the cash flows from the a8SOt
expire or ar8 selllod, or Ibl subslanlially all the rlsks and rowards of the ownership of th8 asset are
transferred lo another party or Icl despi18 having r610ined some slgnificant rlsks and rewards of
ownership, control of the asset ha8 bèèn transfèrred lo another party who has th8 practical ability lo
unilaterally sell the 8s$et lo an unrelated third paty wllhotst imposing additional r651riclions.
Finandal Ilabllllle8 are derecognlsed when th6 liablllly Is exllngulshed, th811s when tha conlra¢lu81
ob1lgat￿0n1& dl$¢harged. cancelled or explres.
Offsettlng of Ilnanclal a8s•ts and Iln¥nclal Ilabllltle•
Flnanclal assels and liabllllbs are off581 and the n81 amount reporte¢J In the balance Sheet when
there 18 an enforceabl¢ right to Sel off the recognised amounts and there is an intention lo setde on a
n81 basls or lo reallse the asset and sellle the liabillly simullaneously.
2.9 Fund accountlng
General funds are unreslricled lunds which are 8V8i18ble for use al the discretion of the Truslees Sn
furtherance of the general objecknves of the ¢harSly and whth hava not been destgnaled for other
purpose8.
Re$lriGted funds are funds whlch af& lo be used In accordance wllh S￿¢￿C r88lriclions Imposed by
donors or which have been raised by the charity for particular purposes. Th¢ costs of Taising and
administering such funds are charged ag8in8t the specific fund. The 8im and use of each reslricled
fund Is sel out in the notes lo the flnancial statements. The Ch8rily had no re51rict&d funds for the
Perlod under review.
2.10 Employees
There were no employees during the year12022 - 01. No employee recelved remuneration 8mounllng
to more than £60,000 In the year.
Pagè 11

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Incom• from dortJtlon• and l•gaclo8
Unrnstrlctod
funds
2023
Total
funds
2023
Donations
Gifis in kind
480,068
3,fy)0
480,068
3,ODO
483,088
483,068
Unrostrlcted
run¢J$
2022
Total
fund8
2022
Donation8
Gifts In klnd
155,044
3,000
155,044
3,000
158.044
158,044
Page 12

THE IAN & NATALIE LMNGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysls of grants
GT•nt• to
Instltutlon•
2023
Total
funds
2023
Grants of fundlng aclNltl88
497,307
497,307
Grants to
Institution8
2022
Total
fund8
2022
Grants of fundlng a¢fjvltle8
105,267
105,267
The charity has the followlng malerlal grants to Sn8tttutlon8 durlng the y88r.
2023
2022
Nam• of In•titutl•n
Dalald
Highgate Sckn)ol
Ha8mon8An Hlgh School
MakfrA-Wlsh
BIb￿Sh Academy of the Fllm & Tolgvlslon Arts
Chlcken Soup Shelter
London Mu$l¢ Fund
Bdllsh Fashion Council Found8tlon
Great Ormond Street Hospital
Frignds of the National Llbr8rios
Wodd Jewish Rollef
Queen8 College London
BFI Philanthropy
Chab8d Lubavilch Nottingh8m
UK Friends of YAD Ylsroel
50,000
20,000
10.000
10,000
6,267
23,520
4,Crf)O
15.000
175,315
20,000
10,000
157,500
972
45,000
50,OQQ
497,307
105,267
Page 13

THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENT8
FOR THE YEAR ENDED 31 MARCH 2023
Anatysls of gr•nts {contlnu•d)
The gr8nts weTr mad9 lor th6 followlng purpose:.
Hlghgale School for Butsary Fund, to enable a pupll lo loln the School in Year 7 on a full-fee bursary.
Brlish Fashlon CounGII Foundalkjn. fof tho promotion of 168ding 8rillsh fashion deslgner8 In glob81
rnark81$,
Great Ormond Straet Hospltal, for the fundlng ol medical research dedlcated solely to caring for children.
Friend$ of the Nallonal Librari8s, to aM)8al to save Charfotte Bront8'8 m8nu8crlpt of the Book of Rh￿￿86
for tre N8tlon.
Wodd Jewish Roligl, lo support tha lrfe-changlng and Ilf8*savlng action provided lo pèople in crlsi5 around
the workl.
Que8ns Coll8ge London. to cov9r the annual Gosl of lulUon, tdp8, study Te$ourc88 and othor Incldenl31
cos18 for a slud8nl's ¢areer al Queens College London.
BFI Philonlhropy. to support pa81. present and future movlng Imagory.
Chabad Lubavil¢h Nottingham, lo enhance the J¢wlgh campus expgri•ncA8 at Nottlngham and
Nottingham Trent Univorsllle8.
UK Friends of YAD Ylsrosel to support tho revSval of Jew18h IKe In the fomier Sovlet Unlon, a8 wo11 as
asslsllng fomier Sovlel Jewry wherevgr they may bè.
Anatysl• of •xpondltur• on Gharltsblo •ctlvltl••
Summary by fund typ•
Unrnstrlctod
funds
2023
Total
2023
Ch8rltablo expenditure
505.107
505,107
Unrestricted
funds
2022
Totsl
2022
Char￿able expenditure
113,067
113,067
Page 14

THE IAN & NATALIE LIVING8TONE CHARrrABLE TRUST
NOTES TO THE FINANCIAL STATEMENT8
FOR THE YEAR ENDEO 31 MARCH 2023
Anaty818 of gxp•ndlturn by actfvi￿08
Grant
fundlng of
actlvltle8
2023
Support
costs
2023
Totsl
fundi
2023
Charltable expendlturo
497.307
7.800
505,107
Grant
funding of
aclivltios
2022
Support
costs
2022
Total
fund8
2022
Charitable expgndlluro
105,267
7.800
113,067
An•ty•l8 of •upport ¢o•t•
Tot•1
lund•
2023
A¢tfvltle8
2023
Goveman¢a r))sls
7,800
7.800
Total
funds
2022
Activltles
2022
Gov&rnance costs
7,800
7,800
Independ•nt •xamlne¢s r•mun•ratlon
The Indgpendent examln6rfÉ remun8ratlon amounts to an indapendent ex8miner fee of £4,000 + VAT
{2022- £4000 + VATI.
Page 15

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Trnstms. rfrmunoratlon and •xpons•s
During th¢ yaar, no Trust8e8 ree0iv6d any remuneration or other beneflt812022- £NILI.
During th6 year ended, no Trustee expenses have been Incurred12022 - £NIL).
Mark Levltt who is 8 truslee, Is also a partner al Bllck Rothenberg Llmlled, who provided accountancy
admlnlslration and other 88rvlc¢s lo tha Trust free of charga. The commercial valuè of the seNice is
£2,50012022'. p?.,.snni nfrjl nf Vaue Added lax rewgnised as a gift in klnd.
D•btorn
2023
2022
Du• wlthln one y•ar
Grft ald récelvable
42,500
30.994
42,500
30.994
10.
Cr•dltors: Amount• falllng du• wlthln one y•ar
2023
2022
Acciuals
Grants payable
4.800
37.51JO
4,800
25,000
42.300
29.800
11. Cr•dltors: Amounts falllng du• aft•r more than on• y•8r
2023
2022
Grants payable
127,500
Page 16

THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR TIIE YEAR ENDED 31 MARCH 2023
12. Statemonl of fund•
st#t•m•nt of funds - cufr•nt y•ar
Balance at
31 March
2023
Balance a11
Aprll 2022
In¢om• Exp8ndltur•
Unr•¥trlctod lund•
Goneral Funds
483,068
{505,1071
(19,9431
8latsm•nt of fund• - prl*x yur
Balance al
31 March
2022
Balance at
1 ApAI 2021
Income Ex￿ndIture
Unro•trlcl•d fund•
Ganeral fund8
142,8811
158,044
{113,067)
2,096
13. An•ly•l• of n•t a8••t• b•tw••n funds
Analy•l• ol n•t a•Ml• botw••n fvnd¥ . curr•nt y•ar
Unrestrlctsd
fund•
2023
Totsl
fund•
2023
Currenl as$8ts
Cradi1018 due ￿thIn one year
Credltors due In more than on8 year
149,857
149.857
142.3001
{42,300)
(127,5001 1127,500)
Total
(19.943)
{19,9431
Page 17

THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
13. Anaty•ls ot net a88èts bfrtWo•n funds (contlnu•dl
Analysls of not 88uts ￿twO•fi fuMl•- prlor year
Unro¥lrlctad
funds
2022
Total
funds
2022
Current assels
Creditors due wllhln on• year
31.896
(29,800)
31,896
129,800)
Total
2,098
2,096
14. R•l•t•d party tran••ctlon•
Durlng the year ended 31 March 2023, Ign Llvlng8tone who16 a trustee of the charlly, donated £405,000
{2022.' £123,975) to the ¢harlly.
Page 18