THE ALSOP FOUNDATION
cio
ANNUAL REPORT & FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST MARCH 2022
Charity Registration No. 1188416

THE ALSOP FOUNDATION CIO
CONTENTS
Page
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activilies
Balance Sheet
Notes to the Financial Statements

THE ALSOP FOUNDATION CIO
TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2022
The Trustees present their report and financial statements for the Charitable Incorporated
Organisation for the year ended 31st March 2022.
The financial statements have been prepared in accordance with the accounting policies set out
in note 1 to the financial statements and comply with the charity's trust deed, the Charities Act
2011 and Accounting and Reporting by Charities: Statement of Recommended Practi
applicable to charities preparing their accounts in accordance with Ihe Financial Reporting
Standard applicable in the UK and Republic of Ireland {FRS 102)
OBJECTIVES AND ACTIVITIES
To advance the education of the pupils at Alsop High School, by providing and assisting
in the provision of facilities not required to be provided by the local education authority for
education at the school.
Awarding scholarships, Maintenance allowances or grants tenable at any university,
college, or institution of higher or further education andlor providing their education
(including the study of music or other arts) to undertake Iravel in furtherance of that
education, or to prepare for entry to any occupation, trade or profession on leaving the
educational establishment.
To advance the education of pupils, their parents andlor guardians, including by Ihe
provision of classes on basic numeracy, literacy, and ICT.
Public Benefits
In considering the objectives and aotivities, the trust&s have considered Charity Commission
guidance on public benefit to ensure that the organisation is meeting its public benefit
requirements.
ACHIEVEMENTS AND PERFORMANCE
240 Christmas Food Hampers distributed to Alsop families facing financial hardship.
Two laptop computers purchased for students to assist with home leaming and
homework
Community Garden Appeal launched to create a "Sanctuary" within the school grounds.
FINANCIAL REVIEW
Total income for the year was £43,827 (2021: £3.675), of which £7.740 (2021: £2,500) related
to funding for projects upon which restrictions are placed.
Total expenditure for the year was £9,113 {2021'. £18) leaving a surplus for the year of £34,714
{2021: surplus £3,657).
At 31st March 2022 the Charttable Incorporated Organisation's reserves stood at £38,371 (2021..
£3,657) of which £4,680 (2021- £2,500) represented restricted funds.
RISK MANAGEMENT
The trustees have assessed the major risks to which the Charilable Incorporated Organisation
is exposed and are satisfied those systems are in pla￿ to manage exposure to the major risks

THE ALSOP FOUNDATION CIO
TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2022
RESERVES POLICY
It is the policy of the Charitable Incorporaled Organisation to maintain unrestricted funds, which
are free reserves at a level to cover a redundancy provision and minimum of three months,
running costs should no further funding be received.
As at the end of the financial year the unrestricted funds totalled £33,691. The Charitable
Incorporated Organisation requires £nil for redundancy provision, £2,665 for three months,
running costs. (total £2,665}.
PLANS FOR THE FUTURE
Create and offer scholarships to Alsop students entering higher education.
Develop the Community Garden
Provide assistance lowards visits and residentials.
Offer support to parents needing school uniforms.
Initiate the Gift of Reading for students at Alsop High School
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Alsop Foundation CIO is a registered Charitable Incorporated Organisation (CIO). number
1188416 registered on 9th March 2020 under the terms of the Constitution 9th March 2020.
Apart from the first charity trustees, every trustee must be appointed for a term of Ihree years by
a resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity trustees must have regard
to the skills, knowledge and experience needed for the effective administration of the CIO.
The charity trustees will make available to each new charity trustee, on or before his or her
first appointment:
{a) a copy of the Current version of this constitution., and
(b) a copy of the CIO'S latest Trustees, Annual Report and statement of
accounts.

THE ALSOP FOUNDATION CIO
TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Name
The Alsop Foundation CIO
1188416
Charity number
Addre$$ & Offlce
The Alsop Hlgh School
Queens DTtve
Wa51on
Liverpool
L48SH
Trustses
The membgrs of the Board of Trustees are as follows:
Mr P Bull
MrTMay
Mrs K Maunder
Mrs C Jones
Mr P Masher
C Wilson
B Conboy
{Appolnled September 2021)
{Reslgned March 2021)
{Reslgned Septembgr 2021}
Independent Examlner Paula Sanchez, ACCA
clo LCVS
151 Dale Slreet.
LlveTPOOI.
L2 2AH
Unlty Trust Bank PIC
Four Brindleyplace
Birmingham
B12JB
Bankers
d on behalf of the Trustees
Peter Bull, Tru$tge
Date

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE ALSOP FOUNDATION CIO
I report on the accounts of the Charitable Incorporated Organisation
for the year ended 31st March 2022 which are set out on pages 6 to
14.
Res
ective
res
onsibijities of
trustees and examiner
The charity's trustees are responsible for the preparation of the
accounts. The charity's trustees consider that an audit is not
required for this year under section 144 of the Charities Act 2011
(the Charities Acl> and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act,
to follow the prO￿dureS laid down in the general Directions
given by the Charity Commission (under section 145(5)(b) of the
Charities Act, and
to state whether particular matters have come to my attention.
My examination was carried out in accordance with general
Directions given by the Charity Commission. An examination
includes a review of the accounting records kept by Ihe charity and
a comparison of the accounts presented with those records. It also
includes consideration of any unusual items or disclosures in the
accounts and seeking explanations from the trustees concerning
any such matters. The procedures undertaken do not provide all
the evidence that would be required in an audit, and consequently
no opinion is given as to whether the accounts present a 'true and
fair, view, and the report is limited to those matters set out in the
statement below.
Basis of inde
endent
examinerfs statement
In Connection with my examination, no matter has come to my
attention..
Inde
endent examinels
statement
(1} which gives me reasonable cause to believe that in any material
respect the requiremenls..
to keep accounting records in accordance with section 130
of the Charities Act.,
to prepare accounts which accord with the accounling
records and comply with the accounting requirements of
the Charities Act
have nol been met. or
(2) to which, in my opinion, attention should be drawn in order to
enable a proper understanding of the accounts to be reached.
Name:
Mrs Paula Sanchez
Relevant professional qualification or body- ACCA
Address.. clo LCVS 151 Dale Street, L2 2AH
Dated. ..3.1 St

THE ALSOP FOUNDATION CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31SY MARCH 2022
Notes
Unrestricted Restricted
Funds
Funds
2022
2022
Total
Funds
2022
Total
Funds
2021
Income and Endowments
Donations and legacies
Charitable activities
Other income
5,416
5,416
7,740
30,671
1,175
2,500
2b
2d
7.740
30,671
Total income
36,087
7,740
43.827
3,675
Expenditure on:
Charitable activities
2.553
6,560
9,113
18
Total expenditure
2,553
6,560
9,113
18
Net income, net movement
in funds
33,534
1,180
34,714
3,657
Total funds brought fowatd
1,157
2,500
3,657
Total funds carried fOn￿ard
34,691
3,680
38,371
3,675
The notes on pages 8 to 14 fomi part of these accounts.
All the above amounts relate to continuing activities of the Charitable Incorporated
Organisalion

THE ALSOP FOUNDATION CIO
BALANCE SHEET AS AT 31ST fvNRCH 2022
Notes
Restated
315t March 2021
315E March 2022
Fixed assets
Tangible fixed assets
Current assets
Debtors
Cash al bank and in hand
39,181
3,657
39.181
3,657
Current liabilities
Creditors- amounts falling
due within one year
(810)
Net current assets
38,371
3,657
Total assets less current
liabilities
38,371
3,657
Funds:
Unrestricted funds
Restricted funds
34,691
3,680
1,157
2,500
38,371
3,657
Approved by Trustees on ..
P6ter Bull, T

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 31Sf MARCH 2022
1. Accounting Policies
Basis of Accounting
The accounts have been prepared under the historical cost convention with items recognised
at cost or transaction value unless othewise stated in the relevant note(s) to these accounts.
The financial statements have been prepared in accordance with the Statement of
Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS102} (SORP 2019) and the Financial Reporting Slandard applicable in the United
Kingdom and Republic of Ireland (FRS102) and Charities AGt 2011.
The accounts are prepared in sterling, which is the functional currency ofthe charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The Charitable Incorporated Organisation has taken advantage of the provisions in the SORP
for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
Going concern
At the time of approving the accounts. the Trustees have a reasonable expectation that the
Charitable Incorporated Organisation has adequate reserves to continue in operational
existence for the foreseeable future. The Trustees are confident that Ihe levels of liquidity
and free reserves will not affect the Charitable Incorporated Organisation operations. Thus.
the Trustees continue to adopt the going concern basis of accounting in preparing the
accounts.
Fund accounting
Unrestricted funds are the charitable Incorporated Organisation's free reserves available for
the Trustees to apply in accordance with the charitable objects.
Restricted funds are subject to specific restrictive conditions imposed by the donor. All
restricted funds are accounted for as restricted income and expenditure for the purposes is
charged to the fund.
Income recognition
All income is recognised once the Charitable Incorporated Organisation has entitlement to the
income, there is sufficient certainly of receipt and so it is probable that the income will be
received, and the amount of income receivable can be measured reliably.
Donations and legacies comprise donations which are recognised in the accounts when
re￿ived, with the exception of known legacies which are accounted for when their receipt is
certain.
Income from charilable activities is recognised on an accrual's basis ex￿pt for grants
receivable, which are recognised on the date on which their unconditional payment is
confirmed by the donor.
Fixed Assets
Capital expenditure is treated as a fixed asset and depreciated to write off each asset over
its estimated useful life
Expenditure recognits'on
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
Charitable Incorporated Organisation to that expenditure, it is probable that settlement will be
required, and the amount of the obligation can be measured reliably.

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATElblENTS FOR YEAR END 31ST MARCH 2022
All expenditure is accounted for on an accrual basis. All expenses, including support cosls
and govemance costs, are allocated or apportioned to the applicable expendilure headings
in the Statement of Financial Activities. Support and governance costs are applied to
unrestricted funds unless specifically included in the restrictions, as specified by the donor.
Expenditure on charitable activities relates to the operation of the charity comprising of direct
charitable expenditure to meet the objectives of Ihe Charitable Incorporated Organisation.
Support and governance costs relate to the management and operation of the Organisation
and also compliance with constitutional and statutory requirements in producing the annual
report. These are dealt with in the Statement of Financial Activities when payment has been
approved by the charity.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-
term liquid investments with original maturities of three months or less, and bank overdrafts.
Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments,
and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial
instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes
party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the fi'nancial
statements, when there is a legally enforceable right to set off the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability
simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a
financing transaction. where the transaction is measured at the present value of the future
receipts discounted at a market rate of interest. Financial assets classified as receivable within
one year are not amortised.
Basic financial liabililies
Basic financial liabilities, including creditors and bank loans are initially recognised at
Iransaction price unless the arrangement constitutes a financing transaction, where the debt
instrument is measured at the present value of the future receipts discounted at a market rate
of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cosl, using the effective interest rate
method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are
discharged or cancelled.
Critical accounting estimates and judgements
In the application of Ihe charity's accounting policies, the trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities
that are not readily apparent from other SoUr￿s. The estimates and associated assumptions
are based on historical experience and other factors that are considered to be relevant. Actual
results may differ from these estimates.

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 31ST IblARCH 2022
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and future periods.
All expenditure is accounted for on an accrual basis. All expenses, including support costs
and governance costs, are allocated or apportioned to the applicable expenditure headings
in the Statement of Financial Activities. Support and governan￿ costs are applied to
unrestricted funds unless specifically included in the restrictions, as specified by the donor.
Cost of charitable activities relate to the operation of the charity comprising of direct charitable
expenditure to meet the objectives of the charity. Support and g0Veman￿ costs relate to the
management and operation of the organisation and also compliance with constitutional and
statutory requirements in producing the annual report. These are dealt with in the Statement
of Financial Activities when payment has been approved by the charity.
Taxation
Income and gains are exempt from taxation as they are re￿iVed and applied for charitable
purposes only. The Charitable Incorporated Organisation benefits from various exemptions
from taxation afforded by tax legislation and is not liable to corporation tax on income or gains
falling within those exemptions. The Charitable Incorporated Organisation is not able to
recover Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT.
2. Income and endowments from:
Unrestricted Restricted
Funds
Funds
2022
2022
Total
Funds
2022
Totsl
Funds
2021
a. Donations and legacies
Donations
5,416
5,416
1,175
Income from donations and legacies for 2021 related wholly to unrestricted funds.
Unrestricted Restricted
Funds
Funds
2022
2022
Total
Funds
2022
Total
Funds
2021
b. Charitable activities
Bauer Radio Cash for Kids
Crimebeat
Community Foundation Lancashire
Historic England
Liverpool City Council
Steve Morgan Foundation
1,120
650
470
2,500
3,000
1,120
650
470
2,500
3,000
2,500
7,740
7,740
2,500
Income from charitable activities in 2021 comprised £nil for unrestricted funds and £2,500
related to restricted funds.
io

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 31ST MARCH 2022
Total
Funds
2022
Unrestricted Restricted
Fund5
Funds
2022
2022
Total
Funds
2021
c. Other income
Tilney Investment
30,671
30,671
30,671
30,671
3. Expendlture on Charitable activities
Direct
Support &
Charitable Governance
Expenditure
Costs
2022
2022
Total
2022
Total
2021
Advancing Ihe education of young
people by providing mentoring,
support, and advice service.
6,731
2,382
9,113
18
a. analysed as follows..
2022
2021
DireGt charitable expenditure..
Materials
Donations
Travel Expenses
4,672
1,590
469
6,731
2022
2021
Support & Govemance costs."
Bank Charges
Accountancy
72
2,310
18
2,382
18
Total expenditure on charitable
activitles
9,113
18
£6,560 (2021: nil) of the above expenditure is restricted expenditure
4. Tangible fixed assets
No tangible assets we acquired or committed for during this financial year.
5. Debtors
There were no debtors as at 31st March 2022 (2021- £nil).

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 31ST MARCH 2022
6. Creditors: amounts falling due within one year
2022
2021
Accruals
810
7. Analysis of net assets between Funds
Tangible
Fixed
Assets
Net
Current
Assets
Total
2022
Unrestricted Funds
General Fund
Tilney Investment
4,020
30,671
4,020
30,671
34,691
34,691
Restricted Funds
Bauer Radio Cash for Krds
Crimebeat
Historic England
530
650
2,500
530
650
2,500
3.680
3,680
Totals
38,371
38,371
Tangible
Net
Fixed Current
Assets
Assets
Total
2021
Unrestricted Funds
General Fund
1,157
1,157
Restricted Funds
steve Morgan Foundation
2,500
2,500
2,500
2,500
Totals
3,657
3,657
12

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 31ST MARCH 2022
8. Unrestricted funds
Movements in the Year
Income Expenditure
Funds
at beginning
of Year
Funds
at End
of Year
2022
General Fund
Tilney Investment
1,157
5,416
30,671
(2,553)
4,020
30,671
Totsls
4,157
36,087
(2.553)
34,691
ovements in the Year
Funds Income Expenditure
at beginning
of Year
Funds
at End
of Year
2021
General Fund
1,175
(18)
1.157
General Fund is used to finance the Charitable Incorporated Organisation's general
activities and core costs as outlined in the Trustees, Report.
9. Restricted funds
Movements in the Year
Funds Income
Expenditure
at beginning
of year
Funds
at end
of year
2021
Bauer Radio Cash for Kids
Crimebeat
Community Foundation Lancashire
Historic England
Liverpool City Council
Steve Morgan Foundation
1,120
650
470
2,500
3,000
(590)
530
650
{470)
2,500
(3,000)
(2,500)
2.500
2,500
7,740
(6,5601
3.680
Movements in the Year
Funds Income
Expenditure
at beginning
of year
Funds
at end
of year
2021
steve Morgan Foundation
2,500
2,500
2,500
2,500
13

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 31ST MARCH 2022
These are rnonies given to the Charttable IrFcorporated Organisation to be spent at the
discretion of the Board of Trustees for specific charitable purposes, as follows:
Liverpool City Council- Contribution towards School Uniforms and Food Hampers
Community Foundation Lanca5hire- Contribution towards Travel Costs
Historic England- Contribution towards Slavery Project
Crimebeat- Contribution towards running costs.
Bauer Radio Cash for Kids - Contribution towards computers for kids
Steve Morgan Foundatlon - Contribution towards Food Hampers
10. Guarantees and Other Financial Commitments
There were no financial commitments falling due as at 315t March 2022 {2021- none)
11. Related Parties
There were no material related party transactions during this or the previous year which
require disclosure.
14-