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2022-09-30-accounts

RegisteredNo: 1178567
PrincipalOffice: C/oRathbonesInvestmentManagement,PortofLiverpoolBuilding,Liverpool,L3
Trusteeswhoserved BrianKenny(Chairman)
duringtheyearandinpost RoyAlfredMorris-retired18February2022
whenthereportapproved: BarbaraPedersen-retired18February2022
AndrewJones-appointed18February2022
LesleyJaneRichards-appointed18February2022
Accountancy: RathbonesTrustCompanyLimited,PortofLiverpoolBuilding,Liverpool,L3
IndependentExaminer: AnitaMasonBA(Hons)BFPFCA
BWM,Tempest,Suite5.1,12TithebarnStreet,Liverpool,L22DT
Bankers& RathbonesInvestmentManagementLimited,PortofLiverpoolBuilding,
InvestmentManagers PierHead,LiverpoolL31NW

26 July 2023

Expendable Unrestricted Total Total
Endowment Funds Funds Funds
2022 2022 2022 2021
£ £ £ £
Notes
IncomeandEndowmentsfrom:
Investments 4 0 70,466 70,466 57,610
TotalIncomeandEndowments 0 70,466 70,466 57,610
Expenditureon:
Raisingfunds 5 16,186 0 16,186 16,008
Charitableactivities 6 0 51,162 51,162 43,930
TotalExpenditure 16,186 51,162 67,348 59,938
Netgains/(losses)oninvestments 9 (104,078) 0 (104,078) 203,107
Netmovementinfunds (120,264) 19,304 (100,960) 200,779
Reconciliationoffunds
Balancebroughtforward 1,514,612 54,741 1,569,353 1,368,574
Balancecarriedforward 14 1,394,348 74,045 1,468,393 1,569,353

BalanceSheetat30September2022
Expendable Unrestricted Total Total
Endowment Funds Funds Funds
Funds
2022 2022 2022 2021
£ £ £ £
Notes
FixedAssets
InvestmentsatMarketValue 9 1,392,059 0 1,392,059 1,498,143
1,392,059 0 1,392,059 1,498,143
CurrentAssets
Debtors 10 0 3,069 3,069 1,466
Cashatbankandondeposit 11 6,227 87,196 93,423 81,082
TotalCurrentAssets 6,227 90,265 96,492 82,548
Liabilities
Creditors:amountsfallingduewithin
oneyear 12 3,938 16,220 20,158 11,338
NetCurrentAssetsI(Liabilities) 2,289 74,045 76,334 71,210
TotalNetAssetsat30September2022 1,394,348 74,045 1,468,393 1,569,353
FundsoftheCharity
TotalFundsat30September2022 14 1,394,348 74,045 1,468,393 1,569,353

4 Investmentincome Unrestricted Total Total
Funds Funds Funds
2022 2022 2021
£ £ £
UKEquities 40,212 40,212 45,455
UnitTrustIncome 8,595 8,595 5,405
UnitTrustInterest 1,561 1,561 624
FixedInterest 1,815 1,815 1,815
OtherIncome 0 0 331
Overseas 19,360 19,360 4,894
Non-reclaimabletaxdeductedatsource (1,187) (1,187) (914)
BankInterest 110 110 0
70,466 70,466 57,610
5 Raisingfunds Expendable Total Total
Endowment Funds Funds
2022 2022 2021
£ £ £
InvestmentManagementfees 16,186 16,186 16,008
6 Charitableactivities Unrestricted Total Total
Funds Funds Funds
2022 2022 2021
£ £ £
Grantsmadetoorganisations 41,730 41,730 33,510
Supportandadministrationcosts 4,230 4,230 6,540
GovernanceCosts(note7) 4,452 4,452 3,880
Officecosts 750 750 0
TotalCharitableActivities 51,162 51,162 43,930
AllTogetherNow 2,000
Brainwave 2,000
BradburyFields 3,000
CrohnsandColitis 2,000
HappyDays 2,000
KindCharity 6,000

estotheAccounts
KingsburySpecialSchool 3,000
LevelWater 2,000
LifeYouthHub 3,000
LiverpoolPhilharmonicSociety 2,000
NYAS 3,000
Outward-Bound 2,730
RoyCastleLungCancerFoundation 3,000
SpinalInjury 2,000
StAndrewsCommunityNetwork 1,000
SticknStep 3,000
TotalGrants 41,730
Governancecosts Unrestricted Total Total
Funds Funds Funds
2022 2022 2021
£ £ £
Accountancyfee 2,340 2,340 2,280
IndependentExaminationfees(BMWAccountants) 1,650 1,650 1,500
IndependentExaminationfees(BMWAccountants)-prioryear 0 0 100
Legalfee 462 462 0
4,452 4,452 3,880

9 Investments Valueat Purchases Sales Realised Unrealised Valueat
30/09/2021 atcost proceeds Gains/(losses) Gains/(losses) 30/09/2022
£ £ £ £ £ £
Listed:
Equity&Income 899,568 166,596 (167,087) (8,143) (95,273) 795,661
Overseas 507,956 59,027 (60,542) 1,020 21,249 528,710
UKBonds 90,619 0 0 0 (22,931) 67,688
1,498,143 225,623 (227,629) (7,123) (96,955) 1,392,059

NotestotheAccounts
10Currentassets-amountsduewithinoneyear Unrestricted Total Total
Debtor: Funds Funds Funds
2022 2022 2021
Dividendsreceivable 3,069 3,069 1,466
3,069 3,069 1,466
11CashatBankandonDeposit Expendable Unrestricted Total Total
Endowment Funds Funds Funds
2022 2022 2022 2021
£ £ £ £
RathbonesInvestmentManagement 6,227 87,196 93,423 81,082
12Currentliabilities: Expendable Unrestricted Total Total
amountsfallingduewithinoneyear Endowment Funds Funds Funds
2022 2022 2022 2021
£ £ £ £
RathbonesInvestmentManagementfee 3,938 0 3,938 4,018
RathbonesTrustCoLtdfees 0 6,570 6,570 5,820
IndependentExaminationfees 0 1,650 1,650 1,500
Accrualforgrants 0 8,000 8,000 0
3,938 16,220 20,158 11,338
13 FinancialInstruments Expendable Unrestricted Total Total
Endowment Funds Funds Funds
2022 2022 2022 2021
£ £ £ £
Carryingamountoffinancialassets
Debtinstrumentsreceivablewithinoneyear
-Debtors 0 3,069 3,069 1,466
-Cash 6,227 87,196 93,423 81,082
6,227 90,265 96,492 82,548
Carryingamountoffinancialliabilities
Payablewithinoneyear
-Creditors 3,938 16,220 20,158 11,338

Instrumentsmeasuredatfairvalue
Investmentsatvalue 1,392,059 0 1,392,059 1,498,143
14 Movementsbetweenfunds Balanceat Gains/ Balanceat
30/09/21 Income Expenditure (Losses) 30/09/22
£ £ £ £ £
ExpendableEndowments
Investments 1,514,612 0 (16,186) (104,078) 1,394,348
Unrestrictedfunds:
Generalfunds 54,741 70,466 (51,162) 0 74,045
Totalfunds 1,569,353 70,466 (67,348) (104,078) 1,468,393

ComparativeStatementoffinancialactivities Expendable Unrestricted Total
Endowment Funds Funds
2021 2021 2021
£ £ £
IncomeandEndowmentsfrom:
Investments 0 57,610 57,610
TotalIncomeandEndowments 0 57,610 57,610
Expenditureon:
Raisingfunds 16,008 0 16,008
Charitableactivities 0 43,930 43,930
TotalExpenditure 16,008 43,930 59,938
Netgains/(losses)oninvestments 203,107 0 203,107
NotestotheAccounts
Netmovementinfunds 187,099 13,680 200,779
Reconciliationoffunds
Balancebroughtforward 1,327,513 41,061 1,368,574
Balancecarriedforward 1,514,612 54,741 1,569,353