Prlce Parry Charitable Trust Charrty Regislialion Number." 1178567 Unaudlted Accounts forthe year ended 30 September 2025 Off ice Copy
Prlce Parry Charltable Trust Accounts for the year ended 30 September 2025 Index Page 1-5 Trustees, Annual Report Independent Exarninels Report Statement of Financial Activities Balance Sheet 9-18 Notes to the Accounts (including Accounting Policies)
Prlto Pary Charitable Trust counts for the yr ended 30 September 2025 Trustees. Annual Report Thè Trustees have pleasure in st¢brnitting their Annual Report and Financial Statements for the year ènded 30 September 2025. Oble¢tives and actmtlos of the Charlty The Trusle8s hold the capital and income of the Charity from which Ihey may make dOnaOn5 for such charitable organisations in such rnanner and in suth proportions as they in Ihelr absolute disc¥elion decSde. With consideration of the settlor'5 Wi5h85 but without prejudice lo Ihe generality of Ihe fogoIng. the Trustees currently give prOferen lo prOdIng funding lor causes benefitting the Wirral and Liverpool area with the following wholly charitable purposes.. The disadvanla9ed, through Gornmunity projects Social needs, particularfy for Hospices and Chlldren Alleviation ol poverty Support of various mèdical fields, particulaTly MS, Epilepsy, Blindnèss and the Deaf Help lor the aged The enwronmenl, extended to include worfthide natural disasters The Trustee5 h8ve complied wlh the duty In s17151 of the Charitias Act 201110 have due regard lo the Charity Commission'5 Public Benefit guidance when exercAsing any relevant powers or duties. Restricted funds, known as the 81tsombeTg Scholarships, are held lo award Scholarships to siudenls of thè University of Liverpool. The number of students and arnounts awarded rernain at the Trustee's discretson after reviewing available Income Funds each year. Achievements and p8rfomiance Grant makin The TNstees conltnued to focus on increasing awareness of the trust and building relations Wtth local voluntary services in the Wirral and Liverpool areas. The Trustees received a number ol applications for funding. The Trustees were pleas8d lo resolve to make 8 number of grants which ar8 detailed in the noles lo Ihese accounts. Bloombe Scholarshi The Trustees have cornpleled Ihe final scheduled bursary payment agreed with thè University of Liverpool for this cohort. Dale ol comrnencèmenl.. October 2023 Es*'rnaled Award ArnoLFnt'. Minirnurn of £13,500 every academic year to be paid and split lo èach studenl over a 3 ye8r cycle.. 2023124 2024125 2025126 Per Terni Student A Student B Sludenl C 4.500 4.500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 1.500 1,500 1.500 13.500 13,500 13,500 4,500 The bursary recipients have provided feedback on their experiences ol receivtng the Bloombèrg Scholarship and the impact it has had on their studies and wider univéisity life. Student A- third-year Occupational Therapy student.. "My second year of university w35 gat, and I can't belleve l only have a year to go! One of the highlights of last year at univeisily was having onè of my placernents at Aldèr Hey hospital, 3 years sÈncè I had en a patient there. 11 felt so special having a lull urcle moment and I will never forget telling rny old consultant Papp I
Price Parry Charitable Trust Accounts forthe year endod 30 September 2025 Tru$tse$' Annual Report who I was, and he was so shocked lo see how well I was doing. For my final year of universty, I plan on joining our ut)iversily running club. Although my fatigue still is PToblmalic, l am hoping my timetable is not as packed as last year and I get a chance to ioinl I had bèen doing Hyrox training but that has been put on hold for the time being and I have decided I really ghould take this opportunity to join another sort of group. which 15 why l am very eagertojoin Cross countryl My scholarship allows me the opporiunity lojoin soueties without having lo work alongsidè therefore, I have the energy to participatel I can't give rny thanks enough.. Mr Bloomberg's support has been truly amazing." student B- third-year Law 3tudertt'. 'The Bloomberg Scholarship has been a key lo many opportunitie5. As a kid frorn working class Birkenhead. and aspiring solic4tor I'd never thought I would hav8 the opportunities to explore commerrAal law in variou5 citi8S and rnake the connections I have today. The lunding from the scholarship ha5 allowed me to invast in myself and my lulure. l arn lorever thankfull" student C . thlrd-yèar Law studènt: "Over the past year, I have gained signifiG8nt experience through academic and personal opportunities. For exafflple, I participation in the Law Clinic at the University ol LiverpDoI, where l improved my legal research and communiralion skills. W01n9 wilh real clients increasèd my motivation to pursue a meaningful law career. Additionally. I travelled to Syria to reconnect with my family after sever81 years. This emotional journey allowed me to refle¢t on resilience and community while deepening my under5tsnding of my cullural roots. It underscored the importanca of balancing personal identity with professlonal growth. Looking ahead. l am eager to build oft these experiences in the upcoming academic year. My go8ls include focusin9 on ailv3nced rnodulès. enhancing my legal writing and advocacy skills. and seeking lurther intemships to prepare for a legal Career. The scholarship wlll help rne grow academtcally and allow me to attend legal WOTk5hops and conf8rènces. Overall, l arn grateful lor the oppartuniiies I've had. and l am excited to maximi5e thè scholarship as l advan in rny academic and professional joumey.. Investment erfomian¢e' The performance of the fund is monltored against a bespoke bènchmark agreed by the Trustees annually. The Investment Manager proides regular reports lo the Trustee5. who review the performance of the ptsrtlolio. The Tnjstees ar6 satisfied with the investment perfomiance. The Trustees are regulady reviewing thè Policy statement with the Inveslmenl Manager. Financial Review Endowment Funds are expendable and held to generate a strearn of incorne from which grants will be made. Income g8n8raled from investments lotalled £80,102 during the year1£76.621 in 20241 and £20,415 (£20,331 in 20241 was spent raising funds. Grants were pledged and awarrled during the year in Ihe surn of £62,648 (£88,470 in 20241 and £12,0001£15,970 in 20241 was spent on support, governanc& and office cost5. The SOFA includes the net gains l Qossèsl arising on revaluations and di5pusals of investments Ihroughoyl the year. During the year. net gains of £97.066 (net gains of £178,640 in 20241 arose. There wa5 8 net increase in total funds for the year of £82.1051£152,226 in 20241. The Trustees held Expendable Endowment Funds of £1,621,1921£1,591,525 in 20241 prirnarify represented by investment5. and Unrestricted Funds of £5,1461£2,422 in 20241. mainly represented by incorne c35h. The Restricted Funds of income lolalled £18.783 represented by cash and Endowment of £717,952 m8inty Tepresented by inveslmonls. Total Funds held as at 30 Sèptember 2025 were £2,363,0731£2.280.%8 in 2024).
Price Parry Charitsbk Trust Accounts for the year endèd 30 September 2025 Trustees. Annual Report The Trustees are satlsfied they have suffirient funds to meet W71h their ongoing objeclives and will continue lo ularly review the position. Reserves.. General reserves are unrèstricted incomè lunds. freely available to spend on furthering the Charitys purp05es. General reserves are those whieh remain after the Trustees have set aside afflounts required for specific purposes. such as designated funds. Reslricled Funds, Expendable Endowment and Pernnent Endow*nent are excluded when Trustees ¢on5ider the Reserve5 01 a Charity. It 15 not the intention ol the Trustees lo bulld up incomè reserves. Th8 Truslees liaise with the inveslrnent man8ger gularlY to ensure they are awa ol any forward commitment5. which are Ihen taken into account when managing the Charitrfs investrnen15. Transfers are made beeen Unrestricted Incorne and ExpendBble Endowment as necessary. AordinglY, the Trustees consider the balance of Unrestricted Income Funds held at the finanrAal year-end to be General Reserves. Investmenl ma rnent.. The Trusl's capital 15 invested in marketable investments or held in Cash. There are no speclfic restrictions under the terrns of the governing document. The Trustees have full discretion over the investments. The Trustees have deleoated full discretionary day lo day control of the investments io Rathbones Investment Management. Inv85tmenls been acquired and disposed of in accordance with the power5 avallable to the Truste85. The TTUStees have agreèd with the Investment Manager the objectives to secure a reasonable growlh in income consislènl with the long tem preservation of capital in real lemis. Investment dètisions should be made based on view5 of the prudent peison in accordance with the standard investmen¢ criteria relating to suitability and divetsificalion. The Truslees wish to ensure that the objectives outlined are achieved with an acceptable risk. This implies the need for diversification of investment of the Trust to include a range of assets including fixed intere51 st¢)cks. UK and overse85 shares. Investments cornprise holdings in UK, large overseas listed companies, unit and investment trust5 including Ih05e investing in rnajor international markets and also fixed interest securities. The portfolio may th8relore include a proportion ol mediurn-sized or smaller UK companies and have exposure to inlernational markets. structure, Govemance and Manag•ment The Price Pary Charitable Trust Iregistialion no.. 1178567) is an unincorporated grant-making tru51. Its goveming body a the Trustèes ol a Will dated 30 October 1995, which was proved by the Executors on 4 January 2017. The power of appointing new TTUStee5 is vestsd in the then current Trustees. Trustees are selecled due lo their connection with the currènt Trustees in accordance with their skills. experience and understanding of Ihe obligations imposed on such an appointment. The Trustee5 meet iwice a year to Teview perforrnance and applications forfvnding. During the year uttE1•r financial review, the Trustees mel virtually and by conference call to discuss applications for funding received and other governance rn8tters, including a rèview of the Charity's inveslmenl asset perfomiance and position. The Truste85 ensure they are operating within the Current guidelines by discussing any rnatters arising from updated ChaTlty Commission practice and guideline5 and, along wrth their own ading, they lake advice from Rathbones Tiust Company Ltd. Pays
Price Parry Charrlablt Trt Account8 for the year onded 30 Septsmber 2025 Trustees. Annual Report The Twsl's capital is mainly invested on stock mathets. As the Trustees have unrestricted powers of investment underlhe governing deed, the Trustees have resolved to delegate the day to day managernènl ol the Trust's Funds to Ralhbone5 Inveslment Management Ltd. By deed ol appointment dated 18 July 2023. the Trustee5 of The Bloornberg Foundation resolved that the Goveming Document of the Foundation be read and construed 35 il it provided that the Twslees of the Charity shall be the Twstees of the Prtce Parry Charitable Trust. Th8 Trustees aro to hold the Restrided fftjnds as Expendable Endowrnènt to generatè an Incon to be applied lo award the 8lcK)mberg Scholarships. The University of Liverpool will be responsible lor idenlifyirEg 51udenls who meet the criteria set out by Ihe Trustees, the identified individuals mu51 be in financial need and residents of the Wirral or Merseyside should be given priority before awarding grants to individuals outside the catchment area. The value and number of stholarships awarded each year 15 at Ihe discretion of the Trustees but sh311 be restricted to undergiadu31es or graduates who are studying at the UnlveTsity of Liverpool at the time they apply foi an award. Risk 8S5essment'. Ttte Charity Tiustees have given consideration to the rnajor risks lo which the Charity is exposed and are preparing a Risk Assessment and Policy document. The Trustees a satisfied that syslerns or procedure5 have been established in order to m8nage those risks. After considering the areas of govemance, operation, finance, environment and compliance the Trustee5 have identified that major negative fluctuations in investment assets could cause a material risk to the Charity's lund5. In order lo rnrtigate this risk and in accordance wilh $15 TTh5tèe Act 2000 thè Trustees have established a Policy Statement lo be adhered lo by the Investment Managei. which will be reviewed al least once a year in line with inveslfflenl performance. Reference and Adminl8trdO details Registered No.. 1178567 Principal Offi. Ralhbones Inveslrnenl Managernent, Port of Liverpool Building, Liverpool, L3 1NW Trustees who Served during the year and in post when the report approved.. Bèrnard Kenny Ichairman) Andrew Jones Lesley Jane Richards Accountancy.. Rathbones Trust Company Llmiled. Port of Liverpool Building, Lfverpool, L3 1 NW Independent Examinèr. Anita Mason BA (Honsl BFP FCA- Mitchell Charf85WOrth Suites C, D. E. F. 14th Floor, The Plaza. 100 Old Hall Street, Liverpool, L3 9aJ Bankers & Investment Managers.. Rathbones Investment IAanagement Limited, Port of Liverpool Building, Pier Head, Liverpool L3 1NW Plans for th• futur• The Trustèes aim to expand disseminalion about the Trust lo increase reques15 for funding. The Trustees continue to build latIonS founded with volunlary setvices in the aa$ of WiTral and Liverpool by rnainlaining communication lo encourage applications for funding. The Trnstees continue lo be mindful of fundsng required lo ease financial difficulties affecting so many individuals. The Trustees are in discussion with Ihe Universily regarding ILrturè bursaries, but anicipate three ye8r scholarships will ba awarded again. P4è4
Prfce Pary Charitsble Trust Accounts forthe year ended 30 Stptsmber 2025 Trustees, Annual Report Tnjstees. Respon5ibllltle$ The Truslees are re5ponslble for preparing Ihg Trustees. Report and the financial siatements in accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢cepl8d Accounting Practice). The law applicable to charities in England and Wales require5 the Trustees lo piepare finanaal staternents for each financial year that give a true and lair kiew of the stale of affairs of the charity and of the incoming resources and application of resources of the charty lor that year. In preparing these finandal statem8nls, thB Trustees are required to.. select suitsble accounting poli$ and then apply them consistently., - observe the melhod5 and principles Set out in the ChariliÈs SORP IFRS 102), as updated. rnake judgements and estimates that are reasonable and prudent., stalè whether applicable UK accounting Standards have been followed, subject to any material departufys disclosed and explained in the financial statements." and prepare thè financial statements on the going coneem basis unless il is Inappropriate lo presume Ihat the charity will continue in operation. The Trustees have assessed the charity's ability to continue as a going concem and c0ftsided any material uncertainties that may impact this asses5menl. The Trustèas are responsible for.. keeping adequate ac¢oLsnting records that are sufficient to show and explain the charity's tran5actTons and disclose with reasonablg accuracy at any time th8 financial position of the charity., ensuring compliance with th8 Charities Acl 2011, the Charity (Accounts and Reports) Regu18tsons 2008, and the provisions of the Trust Deed., safeguarding the assets ol the charity and takin9 rtrasonable step5 forthe prevention and deleclion of fraud and other irregularities.. maintaining appropriate systems of internal control and risk managemenl,. and ensuring that digital records and eledronic fillngs cornply with statutory requirement5. Dèclaration The Tru51ees confirm that they have approved the Tmst8es' Report and tho financial statemen15 abova and are satisfied that the charity has adequate assets available to fulfil its obligations and that the accounts comply with tUent statutory requiremènts Slgned on behalf of Ihe Board of Trn5tees.' Bema Kenny Chairman Date
Prfce PaTry Charltable Trnst Accounts lor the yoar ended 30 September 2025 Independent Examlnerf8 Report Indopanrlent Examlner's report to the Trugtees of the Prlce Parry Charltabl8 Trugt I rgport to tho trustees on my e¥amlnalJon oflhe acco1¥ of the abm tharfty fthe Tw8V) for Ihg period ernled 30 September2025, whl¢h are $6t out on pages 7 to 1& Thls report Is made 801ely to ch8TW$ Irus, a8 a body, In xcordance Seclbn 145 of ihe ChariU6s Acl 2011. My fjxaminalion has been undertaker¢ $0 that I mlght ytale to Ihe thartvs Irustegs those matters l am required to $tste to them in an Independent Examinefts report and for no other purpJs& To tha fullest extent permllled by law, I do not Kept or a8sume re8ponsilAllty to anyone ofher than the ¢harity and the charfty'8 Iru5taes a3 a body, for my èxamlnalion. for this report. or lor Ihe oplnkns I have fomd. R¢$pon?Ibllltlo8 and basls of report As Ihe charity's Irusle88, you we respon&ble for the preparthn Oftt xcounts In accordance ith thg requlremen18 of the Ch8rlbes A¢t 2011 fthe A. I rewrt In re3PgCt of my examinallon of the Trusfg awounls out under wtion 145 ofthe 2011 Act ond In carrylng out my examination, I have folEowEd all th6 applicabl8 Directions gi by Ihe Charity Commlosion under sectlon 14515Mbl of Ihe AOL Indèpondent examlneV8 slatemenl Youi attenlit)n18 to the fad that the charfty has yerAred financiat 8latementg In aCUJrd•ncevAth A¢counting and Reporting by Charitle¥ prepaTlng Ihdr accoufts In ance bbith the Firb9nGial Raporllng Standard applIcae In the UK and Republ of Ireland {FRS 102) In pference to Ihe Accountiro and Reporting by Charities.. slaterr.ent of Recommended Practlce Issued on 1 Aprll 2005 whlch b referred io In the exlanl regulallons but ha8 now thdr0Vffl. l understand that thls has been done In ordw for firwicial slaiennts to wovkle a true fair Mew In accordance wlth Gensralty Accepted A¢untIng Prfjce effective fc reFang p8rlods bernIng on or after 1 January 2015. I have compleled my examinallon. I Cc¥ffl thal Mat¥1 matter8 have come to my attention in conneolion with tho &wnlnation wNch L4Vg8 me cause to believe that in any materid re3ct e accountsng reGordy wer8 not kept In a(xordancg vth se¢kn 130 of th6 Charftie6 ACL or tho accounts did not acLord with accounting records, or th8 accounls did not wmply with the applieable requirements Cnming tho fom 8nd cctent ofK¢ourrts sot out In the Charflles (Accounts and Rapts) Re9ulattons 2008 otherthan any requirements Ihal Ihe aecounty give a'tNe and falf vl8wwhlch Is nota nr cortsldored a5 Pwt of8n Inikpendent èxamhallorL I hav8 no ncernS and havg come acmss no other maiers in w1nli0n 7Mlh th8 examinatlon to ch attentlon Shk1 b& ltrawn In Ihls rèport In order to enabEa a proper urvjerslandlng of the accounts to be reacd. AnEt8 Mason BA (Honsl BFP FCA. Mltchdl Charlesworth Sulles C, D, E, F. 14th FlcK)r, The Plaza. 11)0 Old Hd5 StreeL Llverpc*)I, L3 OQJ
Parry ChaTJtable Trust Accounts forthe yearandad 30 S•ptemb8r 2025 ststernent of financl•l aciivltl8S Unfe¥trictsd Expendjbl R8thGted Funds Endowment In¢om& Fund Endowment 2025 2025 2025 2025 Tolal Funds 2025 Tulal Funds 2024 Notes InGomèand Endowrtntrtts Irom: In¥esbrenls 59,525 20,577 80.102 76.621 Total Income and Endowwtents 59,525 ZO,577 80,102 76.621 Expèndlture on- RaISg fund5 Charilable aclwlies 11.073 6,342 20.415 74.648 20,331 56.BD1 17,847 Total Expendlture 56.B01 14,073 17.847 342 95,063 103.035 Nel 98in5 111055es1 on investrnen15 PriDryÈar adjuslmenl for realed k)8s reversal io 43,740 39.429 13,e97 83.169 13.897 178.640 Ntrt movernfynt In funds 2,724 29.667 2.730 82.105 152.226 R8con¢lllatlon olfurKt8 8aL4nrA brought fomard 2.422 1.591.525 16.053 670,968 2.280.968 2.728.T42 Balance Cary1 forward 5,146 1.62t,192 IB.7B3 7t752 2.363.073 2.280.968 The notes on pages 910 18 fom part oflhe5e accounls. A cornpar8tNe Statement of FinansAIAclNili8s forlhe financial y8ar8ndiry 30 Sepiember2V24 can btr lound In Ihe note5 lothe attnts. Reslfkted fund5 relatèto fund5 hekl relabng lo The Bloomberg Foundation.
Prfco Parry Charftablo TN8t Ac¢ourts forthe ye•r•Nded 30 s•ptemr 2025 BalanGè Sheet at 30 Septsmb•r 2025 Unr88trl¢ted Expendable Restrlcted R05trf¢tqd Funds Endowment Income Fund Endowment 202S 2025 202$ 21125 Totsl FLmd8 2025 Total Funds 2024 Nt>t8S FIx8dA¥sets Invesknents atMDrketValue io 1.598.119 717,896 2.316,017 2.246.758 1.598,119 717.898 2.316,017 7,246,758 Current Assets Debtors Cash at bank and on d8P05it fz 16 4.700 6.419 1,69D 21.140 6.390 57.950 &205 52.395 28,e77 1.714 Total CwrentAss•ts 26.677 22,B3Q 1,714 64,340 57.$tXI LIHbllities Creditors.. arnounls falling duts wlthln ne yeaf 9,653 3,e04 2,367 1.660 17.2B4 23.390 13 N&t Current AssetsllLiabllitl881 3.466 23,073 20,463 47,OS6 34,210 Transfers between du? 14 1,680 1.6801 Tot41 Not A8SOts at 30 S8PteTnb2r 2025 5,1 1,621.192 18.783 717.952 2,363.073 2.280.968 Funds ofth8 Chawlty Total Funds at 30 September 2025 16 5.146 1.621.192 18.783 717,952 2.J63,073 2.280.968 . Restricted fundy relate to funds held relalw to The Bloomberg FndatIOn. Approved Board of Trust•e8 and $lin8d on Its behall orb BBrnard KenTty Chalmian Dat8 The notes on pagE$ g to 16 frym part of thesè accounts. A comparatNe Balance Sheet forlhe fin8Thrkal year endirg 30 Seplen4)er2024 can be found in the noles lo the acrA)unts.
Pwl¢• Parry CharitablB Trust Acrounts foy the year ended 30 S¢ptembpr 2025 Nots$ lo the A¢¢ounts 1 Charlty Informatlon The Price Parry Chari18ble Trust Is gtNemed by a Will dated 30 October 1995 whlch wa5 proved by the Executorn on 4 January 2017 #nd registered in England and Wales. Tre prfnopal 8ddfe$s is the Port of Liverpool Building, Pier Hèad, tiv8fpooI, L3 1NW. 2 A¢¢ounting Pollcl05 The58 financial Statements have beèn pyeparèd in accorfance wth the goveming d0menL Accounting and Reporting by Charitie5". Stal8ment of Recommended Praclicp applir2bl& lo tharilies preparin9 their gccounts in accordance with the Financial Reporting Stsndard applicabje in the UK and Republic of Iland IFRS 1021 18ffèctive 1 January 20191. the Charities Act 2011 and FRS102 ThB Financial RerIng Standard applicabl in tho UK and Republic of Ireland. The charity is a Public Benefit Entty a5 defined by FRS 102. accounts a ppared sterling, thich Is the furt¢ion81 currency of tha thadty. arnounts in these financial $tatem8nts aro rounded to Ihe nearest £. Monetary Th8 accounts have been prepared the historical cost convention. modified to revaluatK)n of investments at fair value. The prinapal accounting policies adoptsd are Set out below. indude the The chzrity has taken advantag8 of the provisions in the SORP for Chariles apptying FRS 102 Update Bulletsn 1 not to prepare a Statement of Cash Flow5. Golng Concern The Trustees have assessed wh8ther the use of Going Concem 15 appropriate and have concludeLS that the charty has adequate resou$ and reser¥8S to enable it to continue in operaiional eStenCe for thp fr)resee8ble future and there are no rn4terial uncertainties about the eharitys ability to continue as a going concern and thu5 the Trustees continue to adopt thg 'gDing concern, basis of accounting in preparing the financial Statements. Fund a¢¢ounting The chanty hold5 Restricted Funds held under speciffic trusls under charity law. These funds are not available for use at the disereb.on of the twstees and instead a held for 8 specific purpose as dedared by the donor. The Charity holds Unr85tricted Funds which are available for use al the dis¢retion of the chanty in fvtherance of it5 charitable obts&ctive5 unless the funds have been designated for other purposes. The charity holds Endowment Funds which a expendab and primarity for incorne genelon. It has ari58n rrom the transfer of investments and capital frorn Ihe estate of the late Miss E Prtce Parry. Monles are invested by the trust8es into shareholdings. Thg 8xpendable endowment fvnd increases QT dec¥eases in line with the investm8nt valuats'on. Transfers from the end0ent fvnd are carrted out as necessary by the trusteès. Income Incorne is recoJTri5ed when the charity Ss IEgally entiued to it after any perfom)ance conditions ha¥e been met. the amounts Can be measured reliably and it is probable that income ill be re1ve. Cash donations are recognised on leipt. other donations are reeognised once the chanty has been notified of the dDnatiDn, unless perfomianc8 eonditions requi daferral of the amount Income Tax recoverable in relation to donations re1Ved under Gift Aid or deed5 of covenant is recniSed at th8 time of the don8ti0n. Legacw5 are racognlsed on Ceipt or olher*ise if the charity has been notified of an impending distribution, the amount 15 known and (tipt 1$ exp8Ct8d. 11 Ihe arnount is not known, Ihe ieg8¢y IS treated as a contingent asseL All (Jividgnd income is r8corded n8t and iKludes tax deducted onty when il is repayable to the charity.
Price Parry Charltablg Tru¥t Accounts fortho y•ar ended 30 September 2025 Notes to the Accounts Expénditure Eyenditure is reGognised when thère is a legal or ¢onstructi¥e lgation for which 1¢ is more likely than not that a transfer of economic benefit wll be required in sewement and the amount cHn be rellably measured a$ at the reporting dats. con$tructsv¢ obligatn 8$15 where the chaty has communicated the ¢omrnilment to provide funding lo the recipient by the reporb.ng date and th8re are no conditions attached to its payment fallin9 due after pOrting date. Provislon$ for liabilities must be recognised when eilh8r the liming or the amount of filre expenditure required to Setde the obligation Is uncertaln. These are distinguished separately on the balance sheet. If a tran$f8r of resources is no longer required, provisions ar8 VerSed and charggd to the SOFA Gov8manc• costs GeManC0 costs aTe those inCUd in relation to the genera1 running of the Charty. including actiwtses that allow the Charty to operate 8nd generate the informab.on required for public a¢countabilty. They are not related to Ihe direct management fijnction. These costs Inc1le aCcountsn. examination and legal faes, together costs of tru5tse5' meeting5. They are attributabla to the cagitsl and the incorne of th8 fund according to the nature of the expense Incurred. These costs are recegnised on an accnJ813 basis. being 1•clUd when the liability has been incurred as at the balanca sheet date. Valuatlon of Inv•$tments Investments hèld In the fund are includEd at th2ir mathet value as fellows.. lal Listed se¢untS ar8 valued al the mid mad(et value ruling at th8 balance shèèt dats. Ibl Listed secunti2s held in foreign currencies have been valued al the mid rnathet valu? and Iranslaled inlo their sterfing equivd1ents at the rates ruling atthe balance Sheet date. (¢1 Gilts are valuÈcl al ihe mid market value rulirrfj at the Balance Sheet date and include int•ro$tth* ha5 up to that date. Investments art classified as a fixed asset except when classified as a current 8JS8t where thg int8nUon of th8 Truste85 15 to dispose of the asset and not invest the proceeds. othor r8cognised Gains and Losses Realised gains and 1055es on investh)ents ar8 calculated as the difference behveen sales proceeds and their marf(el value at the start of the year, or their subsequent C05t and Bre charged or creditsd to the Statement of Financial ActSvits"es in tho year of disposal. UnaliSed gains and 1055es represent the movement in market value5 during the year and aT8 lted or charged to the Ststement ol Finan] Activities resulting from revaluing invesbnents lo martet value al the BanCe Sheet date. Tjxatlon Th8 charlty 1$ not liable to tncome or capital galns tax on its charitable acti¥iti85. in the asset Cost orthe expense lo which rt relate5. Irrecowabte VAT is indudèd Cash and cash •4ulvalents Cash at bank and in hand is held to meet short-temi c85h commitments as they fall due rather than lor investment PJfpose5. Cash and cash equiv818nts include cash in hand, deposits held at call Trmlh banks, oth short-term liquid investments wtb original maturits.es of throe month5 or less and bank overdrafts. Finan¢lal In8trument8 The charity has elected to apply the provisions of Section 11 'Basic Finanoal Instruments, and SectK)n 12 'Othar Finanaal Instwments Issues. of FRS 102 to all of its financial instrumonts. Financial instruments are cOgnised ift the charity'$ balance Sheet wn the charity b8c(¥nes party to the contractual provi510ns of the instrument. Poge to
Pric¢ Pary Charitsbh Tru$t Accounts forthe yearended 30 September 2025 Notr$ to the Accounts Financial assets and liabilities are offset. Wth the net amounts presented in the financial ststements, wh8n there is a legally Ènforceable right to set off the recognised amounts and there 15 an intenticn to setde on net basis or to alIse the asset and sethe the Ikqbilty simuttaneously. Ba8lc financlal a¥$¢t8 Basic financial assets. Includin9 trade and other receivables, cash and bank balances and inve5trnents in comrneraal paper aro initially recogn15ed at transaction prica. Such assets are subsequently carried at lh8 amortised cost using the effective interest m8thod. 1855 impaiment. FinancHI assets classed receivable within one year are not amortised. other finanrial assets, including equity instruments which arè not subsidiari65, associ8ted or jdnt ventur•s. are initially rnea5ured at Val wth subsequent chang&s in valu8 recognised in the SOFA. Basi¢ ffinanclal Ilabllities gasic finan¢Aal liabilities. including trade and other payables and loans from third parbes are Inbtialty recognised transaction pric8 unless th? arrangement con$titul85 a financing tran5aElion, where the debt instrument is mèasur8d at the Psent value of the fLrture raceipts discounted at a market ratè of interest. Such 11abilities are sub5e4uenUy measured at arnortised cost using the eff8dNe interest me1hod. Financial liabil.85 cI#ssEfied a5 payable within one year art not amortised. Caneellatlon of fflnanclal IlabililiB$ Finanual li8bilities are derecognlsed when Ih8 eharity's contractLFal Obl0n$ expir8 or are discharged or cancelled. 3 Grltical a¢¢ounting ¢stlmate5 and Judgements In the application of the ch8ritys accounbng policles, the Tw$te8s are required to make judgernents, estimates and assumptions about the ¢afryiThJ amount ol assets and liabilib.es that a not readily apparent from other Soufces. The estsmate5 and associated assumptiDn5 are based on historical experienc• and other factor5 Ihat are consided lo be re18want. Aciual ul1$ rn8y difler from th85• •sb"rnales. The estimates and underlying assumptions are revrewed on an ongoing basls. Rewsions to accounting 8Stimales are recoJnised in the period in which the estimats 1$ revised wher8 the rewsion affects only that periocs. or in the period of the ¥1$10 and fvture Periods where the $10 attects both curn1 and fvture pBriods. There were considered to be no critical accounting est'mates or judgernents applied the prepaTalion of these financial stst8rnents. p11
PTlc• Parry Charltablé Trt Accounts for the yemr endod 30 S•ptgmber 2025 Notes to tho Accounts 4 Investment income Unrn8trfct•d Restrlcted Funds Income Fund 2025 2025 Total Funds 2025 Tot•1 Fun 2024 42,311 4,881 9.337 1,926 15,985 12.20T) 4.388 UK Equit5 Unit Trust Inc0rn8 Unit Trust Interest UK Fed Interest Overseas Non-ffjclaimatle tax dèducted at sourca Bank Interest Accrued Incime 33,423 9,29D 2.310 2.593 12,593 11.4341 735 15 9,234 2,835 352 219 8.291 19091 569 42,657 12,125 2.662 2.812 20,884 12.3431 1,304 59 525 Totsl Funds 2024 S Ral¥ing fvnds Exp•ndablo ReBtriEt¢d Endowment Endowrnent 2025 2025 Totl Funds 2025 Investment Managem8nt fees 14,073 8,342 20,415 20.331 14,073 8.342 20.331 Total Funds 2024 8 Ch#rf¢abl• a¢tlvltte Unr•stsl¢t8d R8strict¢d Fund¥ In¢ome Fund 2025 2D25 Total Fund• 2025 Grant5 made to organisations Inota 71 Unpaid donations- S8n5e Retumed donations- The Reading knst Support and administrab'on costs Gov8rnan¢e Cost5 (note 81 47,148 15,500 62.648 68,470 17361 11.0001 6.TS0 9,220 4,920 4.733 4,920 7,080 2,347 Total Charitatste Activrties 56.801 17,847 74.848 82.704 Pay* 12
Prf¢o Parry Charflable Trust AKounts forth• ygar ènded 20 Septsmber 2025 Note8 to the A¢¢ounts Tolal Funds 2024 7 Charltable actlvltles Grants mado to oryanlsatlons Unr¢strlctsd Restri¢ted Funds Income Fund 2025 2025 Total Funds 2025 64th Birkenh8ad Sea Group Bamstondale Brainwave Centre Byrne Avenu8 Callister Trust Cyding Prqe¢ts Demenfra Together End Fumiture Poverty Happy Days H8vèn Proieot Liverpool Philhannonic Maggies Mersey Counselling and Therapy Centre Muscular Dystrophy North B1rf(enhead Twst OUard Bound PCC Christchyrch Roy Castlè Sense Trusts Spinal lryuri85 A$s¢xiakn'on StJohn Bosco Primary School stvincent Soryety Sty"¢k'n' Step The Forward Trust Wonder Art$ University of LIrpool- 2024.25 Term UnNer5ity of Liv8rpool- 2025.26 Te University of Liverpool- 2023.24 University ol Liverpool- 2023.24 University ol LwerpDoI. 2024.25 Univetsily of Liverpool- 2024.25 University of Liverpool- 2025.26 University of Liverpool- 2025.26 Zoa's Place 5,000 2,300 2.300 2,5LKt 3,150 3,279 2.719 3,279 2,719 5.000 3.OQO 2,500 3.000 3,000 1,200 3,OtK) 1,200 2,St 3.150 3,150 3,000 3,000 3,000 2,500 5.000 3,OL)O 2,500 5.000 5,000 3,000 3.OQO 2.320 13.500 13,500 13.500 1.000 I,uoo 1,000 1,000 1.000 5.000 5,000 47.148 15,500 62,648 68.470 'Rolatsd paty transaction- See note 18 8 Governance ¢o$t8 Unr¢std¢tsd Restrlcled Funds In¢omg Fund 2025 2025 Total Fuwtds 2025 Total Funds 2024 A¢¢ounlancy fee- underprowsion prior ar Accountancy fee Independent Exarnin8tion fae5 (Mitchell Charfesworthl 1epend0nt Examination fee5 IMitch&ll Ch8desworthl- priory8ar 2,270 4,800 2,OCII 150 3.400 1.333 1,700 667 1201 5.100 2,000 1201 2.347 9,220 Pw1J
Prlco Parry Charitsbl? Tru•t Accounts forthe yoar ended 30 September 2026 Note¥ to the A¢¢ounts 9 R•mun8rallon and Other Infonnation The charity has no employ8e5 and none of the Trustee3 received any remuneration orknBr8 reimbursed expenses uring thè yeaf (£0 during the year 8nded 30 SeptemtrAr20241. 10 Invo•tmonts Valuo 8t 07/IIY2024 Purchases At cost Sal85 R8ali5ed unalised Valua at proceeds Gainsll105sesl G8inslllossgsl 3010912025 stgd.. quilies and Incom• Overseas UK Bonds 867,666 588,400 124.432 111,5981 10 5,405 37.943 11941 861.483 626.343 110,293 40.119 154,6401 576 1.580.498 40.119 166.2381 686 43,154 1,598,119 Bloomb*ry Scholatshlp Equitie5 and Income Overseas UK Bonds 200,627 449,314 16,319 11,7491 11,2031 1.020 39,410 78 198.695 502.727 16,476 14.003 16.398 11e.4431 124 666,260 30.401 118,1921 11,0791 40,50B 717,898 2.246.758 70,520 84.430 493 83.662 2 316.017 11 Prior y88r adlu$tMent for reall58d 1098 rov8rnal During the year, the TrustEe5 idenbfied an historic error in the recorded cost of an inve5tmenl holding following a fvnd convet5ion In the prior year. A correction has been made in Ihe tsJrrenl year to flect the 8PPTopriale acquisthon cts8t of the investment AS a re5uIt. a pThor year adjustment of £13.897 ha5 been recogn1sed in thè Stalem8nt ol Financial Acbwties. This adjustment does not affect the value of investments, total funds, or net assets pffjwously report8d by the charity. 12 Currgnt ass•ts-amounts due within one year Unr•strlcted Rtstrlcted Funds Income Fund 2025 2025 Total Fundi 2026 Total Funds 2024 Debtor.. Invesbnent income reIvable 4,700 420s 4.700 13 Curront li•blllties- amounts f4lllng due wlthln one year Unrn•trf¢ted Exp¢ndablo Restrictvd Re8trittsd Funds Endowment In¢om8 Fund Endowmént 2025 2026 2025 2025 Totsl Funds 2025 Total Funds 2024 Rathbones Invèslmenl Manag1&nt fee Rathbones Tru51 Co Ltd fees Indepdent Examinalen fee$ 3,604 5,264 10,020 2.000 5.160 16.230 8,320 1.333 1.700 867 9,653 3,604 2.367 17.284 23.390 P4yè 14
Prlce Parry Ch•ritable Trust Accounts forthe year ended 30 Septsmber 2025 Notes to the A¢counts 14 Trnnsfor be?n fvnds du¢ A transfer between frjnds is due where costs have been ac¢rued ants apportioned behveen fijnds. The related liabilitywill be 8etUed from the Unrestricted Funds and the balance below refiecls the Restrictsd Income Funds share of th058 costs. 2025 Amount du& fr(m Restri¢ted IncL)me Fund to Unrestrict8d Funds 15 Flnanclil Gommltmpnts- Bloombery Scholarnhlps Th8 Tru$i885 have cornpleted the final Scheduled busary grant agreed wth the University of Liv8rpoDI'. Dat¢ of commoncemgnt.. October 2023 E$tlrnat•d Award Amourtt: Minimum of£13.500 every a¢adernicyeartc be pa each S8Pt8mber and Shared been each 5tudenl for a 3 year cyde. Each bursary award 15 subj'erl to annual rewew by the Tru5tee$. 2026126 PorTènn Student A Student B Student C 4,500 4,500 1.SDO 1.500 13.500 4,500 16 Flnanclal In8trumont$ Unrestrf¢ted Exp¢ndablo Restricted Restrl¢t8d Funds Endowment In¢ome Fund Endovmient 2025 2025 2025 2025 To1 Funds 2025 Total Funds 2024 Carrylng Amountof financlal as$etS Debt instruments receivable within one year - Debtor5 Cash 4,700 8.419 1.690 21,140 6.39) 57.950 5.205 52,395 26,677 1,714 26.677 22.830 1.714 64,340 57,600 Carrylng amount of flnancial11obilitlès Payablp wlhin one year Creditors 9,653 3.604 2,367 17.Z84 23.390 Instruments measured at falrv•ly• Inv8stments al value 1598,119 717.898 2 318 017 2 246, 758 15
Prf¢• Parry charitabl? Trust AE¢oyni¥ for tho arendd 30 Stptsmber 2026 Nots8 to the Accounts 17 Mo¥¢ments bth8vn funds Balan¢0 at 01110124 Ga5n l Balance at IL055èsI 30109125 Income Expendltur• Tran8fern Exp•ndablo Endowm¢nts Inveslments 1,591,S25 114,0731 43,740 1,621.192 Unmtrf¢t¢d fund•: G8neral funds 2,422 59.525 156,8011 5.146 R05ttlctsd fvnd8'. Bloomb8rg Scholarship Income Endowment 117.8471 16.3421 18,783 717,952 16.053 670,968 20,577 53,326 Total fvnd5 2.280.968 80,102 95.063 97,066 2,363.073 18 R8lat¢d Party Transaetlons The Tru¥tees have considered personal or other interests in which a5 8 resutt of a decision made where an Individual may ben8fit finana8lly or othewse. either directly or indir8dy. In order to comply wth Ih8if duties. the Trusteey confirm the p8r50n affected do85 not lake part in any discussions rolating to the issue ccncemed other than to darify f8cts. No arnounls were e1Ved by the charity trom related parbès during the year enda to 30 September 2025 or the previous finonrial year. Lesley Jane Richard5 dedared her1nterest as Trustee of 84th Sea Scout5 during th8 yoar, grant included in note 7. Lesley Jane Richards has declared that she is CEO of Byme Avenue Twst. which 15 a beneficTary of a grant received ifi the financial yèar. She was not tnvolved in Ihe de¢43ion making to award the grant. The have been no other related party transactions requiring dis¢105ufy during the year ended 30 September 2025 or the previous financial year. P•Jo 1B
PrfG¢ Pany ¢haTltabT¢ fru8t A¢¢ounts forthe y•ar ended JO September 2025 N4)ts8 to the Accounts 19 Comparatlvg Statem¥nt of finan¢121 actlv11105 Unr•8trlctsd Expondabl Rg8trfct•d R•strlcted Fund$ Endtywmont In¢ome Fund Endowment 2024 2024 2024 2024 Total Funds 2024 Incomo and Endowments from: Investments 20.568 76.621 Total Ineome and EndowTnents Expondtlure on: Raising funds Charitable actimlies 14,140 6,191 20,331 82.704 63.504 19,200 Total Exp8ndlW 63.504 103.035 Net 92ins I Ilossesl on investrnents 115.395 63,245 178,640 Tran51èr beM*en funds 153.6001 50.000 3.800 Net movement ill funds 151.255 4,968 57,054 152.226 Recon¢lll¥tlon of tund¥ Balance brought forward 63,473 1,440,270 11.085 613.914 2,128,742 Balance carried fOard 1,59152S 16.063 670 968 2 280 968
Prfco Pany Charftsbl• Trust Accounts for the year ended 30 Septsmber 2025 Notss to the Accounts 20 Cornparative 8alanr+ Sh8et unre5t£d Expondable Rutrfcted Ro•trl¢tsd Fund8 Endowment Income Fund End¢)wm8nt 2024 Total Funds 2024 2024 2024 2024 Flx*d Assets Investrnent5 at Market Valu• 1.580,498 688,280 2,246,758 1 $80 498 666,260 2,246 758 Culrent Auets Debtors Cash at bank and on dep051t 3.462 15,490 1,743 10.010 5.205 52.395 14.819 8.276 Totsl Current As$¢ts 14.619 17.753 6.276 57.600 Llabllltlos Creditors.. amounts falling due wthin one year 16,530 3.592 1.700 1.s68 23.390 N&t Current Assèts I ILiablllWes 2822 11.027 16.OS3 4,708 34.210 Totsl Net A¥sets at 30 Sepbmber 2024 I S91525 16,053 670.968 2 280,968 Funds of the Charlty TDt41 Fund# at 30 September 2024 1591 $25 16,053 670,968 2.280.968 P•Je 18