THE ALSOP FOUNDATION
cio
ANNUAL REPORT & FINANCIAL STATEMENTS
FOR THE YEAR ENDED
4th April 2024
Charity Registration No. 1188416

THE ALSOP FOUNDATION CIO
CONTENTS
Page
Trustees, Annual Report
Independent Examinerfs Report
statement of Financial Activities
Balance Sheet
Notes to the Financial Statements

THE ALSOP FOUNDATION CIO
TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 4TH APRIL 2024
The Trustees present their report and financial stalements for the Charitable Incorporated
Organisation for the year ended 41h April 2024.
The financial statements have been prepared in accordance with the accounting policies set out
in note 1 to the financial slalemenls and comply with the charily's trust deed, the Charities Act
2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the 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 lenable 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 travel 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 the
provision of classes on basic numeracy, literacy, and ICT.
Public Benefits
In considering the objectives and activities, the trustees 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
Alsop Pantry continues to provide one-off emergency food to families in crisis
6 students received The Mike Best Scholarship to study at university
Alsop Uniform Store provided students with uniform items and shoes
270 students received the "Gift of Reading"
2 students received financial assistance to attend an international gymnastics event in
Amsterdam
Funding provided for 10 after school music workshops
10 students given financial assistance to attend the Year 11 Prom
Funding received from National Lottery Awards for All facililale activities and celebrations
linked to the Coronation of King Charles111
Film narrated and produced with local residents speaking about the Coronation of Charles
Financial assistance given to Drama, Art and Technology to enable young people to
participate in enrichment activities
Facilitated a library event"A Royal Celebration of Reading" with several children's authors
Hosted a "Royal Buffet" after schoo5 tea party as a reward for students who volunteer for
ommunity events
120 students received a commemoralive tin of biscuits to celebrate the Coronation of King
Charles111
240 commemorative mugs distributed to celebrate the Coronation of King Charles111

THE ALSOP FOUNDATION CIO
TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 4TH APRIL 2024
Community Celebration Tea organised for local residents to Gelebrate the Coronation of
King Charles111
Steering group worked with BCA Landscape to produce a design for "The Sanctuary"
community garden
FINANCIAL REVIEW
Total income for the year was £4,549 (2023= £19,477), ofwhich £NIL (2023.. £13,620) related to
funding for projects upon which restrictions are placed.
Total expenditure for the year was £13,485 {2023'. £11,150} leaving a deficit for the year of
£8,936 (2023- surplus £8,327).
At 4th April 2024 the Charitable Incorporated Organisation's reserves stood at £199,975 (2023-
£196,067) ofwhich £10,425 {2023- £16,060) represented restricted funds.
RISK MANAGEMENT
The trustees have assessed the major risks to which the Charitable Incorporated Organisation
is exposed and are satisfied those systems are in place lo manage exposure to the major risks
RESERVES POLICY
It is the policy of the Charitable Incorporated Organisalion to maintain unrestricted funds, which
are free reserves at a level to cover minimum of three months, running costs should no further
funding be re￿ived.
As at the end of the financial year the unrestricted funds totalled £189,550 of which £160.789 is
represented by investments leaving surplus free reseNes £28,761 . The Charitable Incorporated
Organisation requires, £1,963 for three months, running costs.
PLANS FOR THE FUTURE
Work to with consultants to produce resources about the legacy of slavery and the
challenge of racism
Develop and install a Community Garden
Continue to provide assistan￿ towards visits and residentials
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Alsop Foundation CIO is a registered Charitable Incorporated Organisation (CIO), number
1188416 registered on 91h March 2020 under the terms of the Constitution 9th March 2020.
Apart from Ihe first charity trustees, every trustee must be appointed for a term of three 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..
la) a copy of the current version of this constitution.. and
Ib) 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 4TH APRIL 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Name
The Alsop Foundation CIO
Charlty number
1188416
Address & Office
The Alsop High School
Queens Drive
Walton
Liverpool
L4 6SH
Trustees
The members oflhe Board ofTrustees are as follows..
P Bull
N Fielding
J Kerfoot
K Maunder
C Jones
P Masher
{Appoinled 13th December 20231
{Appoinled 3rd June 2024)
(Resigned 16th April 2024)
Accountant
LCVS
151 Dale Street,
Liverpool,
L2 2AH
Bankers
Unity Trust Bank PIC
Four Brindleyplace
Birmingham
B12JB
Slgned on bèhalf of the Trusteos
Peter Bull, Trustee
Date

THE ALSOP FOUNDATION CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 4TH APRIL 2024
I report on the accounts of the Charitable Incorporated Organisation
for the year ended 4th April 2024 which are set out on pages 6 to 16.
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 Act) 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 procedures laid down in the general Directions
given by the Charity Commission (under section 145151(b) ofthe
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 the charity and
a comparison of the accounts presented with those records. It also
includes consideration of any unusual items or disclosures in the
acGounts and seeking explanations from Ihe 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.
Res
ective
res
onsibilities of
trustees and examiner
Basis of inde
endent
examiner's stafement
In connection with my examination, no matter has come to my
attention..
Inde
endent examinerfs
statement
(1) which gives me reasonable cause to believe that in any material
respect the requirements..
to keep accounting records in accordance with section 130
of the Charities Act.,
to prepare accounts which accord with the accounting
records and comply with the accounting requirements of
the Charities Act
have not 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 Ying Huang
Relevant professional qualification or body.. ACCA
Address.. c/0 LCVS 151 Dale Street, L2 2AH
Dated:

THE ALSOP FOUNDATION CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 4TH APRIL 2024
Notes
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Income and Endowments
from..
Donations and legacies
Charitable activities
Investments
2,479
2,479
4,790
13,620
1,067
2b
2,070
2,070
Total income
4,549
4,549
19,477
Expenditure on:
Charitable activities
7,850
5,635
13,485
11,150
Total expenditure
7,850
5,635
13,485
11,150
Net (ExpenditurellinGome
{3,301 }
15,635)
(8,936)
8,327
Net gainllLosses) on
investments
12,844
12,844
{2,510)
Net movement in funds
9,543
(5,635)
3,908
5,817
Total funds brought foTward
9,10
180,007
16,060
196,067 190,250
Total funds carried forward 8 - 10
189,550
10,425 199,975 196,067
The notes on pages 8 10 16 form part of these accounts.
All the above amounts relate to continuing activities of the Charitable Incorporated
Organisation

THE ALSOP FOUNDATION CIO
BALANCE SHEET AS AT 4TH APRIL 2024
Notes
4th April 2024
41h April 2023
Fixed assots
Investments
160,789
147,945
Current assets
Debtors
Cash at bank and in hand
40.921
49,797
40,921
49,797
Current liabilit16S
Creditors.. amounts falling
due within one year
(1,735)
11,6751
N&t current assets
39,186
48.122
Total assets less current
liabilitles
199,975
196,067
Funds:
Unrestricted funds
Restricted funds
189,550
10,425
180,007
16,060
199,975
196,067
Approved by Trustees on .
Peter Bull Trustee

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2024
1. Accounting Policies
Basis of Accounting
The accounts have been prepared under the hislorical cost convention with items recognised
at cost or transaction value unless othenwise staled in the relevant note{s) to these accounts.
The financial statements have been prepared in accordance wilh 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 IFRS102) (SORP 2019) and the Financial Reporting Standard applicable in the United
Kingdom and Republic of Ireland {FRS102) and Charities Act 2011.
The accounts are prepared in sterling, which is the functional Gurrency ofthe charity. Monelary
amounts in these financial statements are rounded to the nearest £.
The Charitable Incorporated Organisation has taken advantage ofthe provisions in the SORP
for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
Going concern
At Ihe time of approving the accounts, the Trustees have a reasonable expectation thal the
Charitable I ncorporated Organisation has adequate reserves to continue in operational
existence for the foreseeable future. The Trustees are confidenl that the 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.
Investments
Investments held as fixed assets, in accordance with SORP 2019, are stated and included in
the balance sheet at their market value at the year end or at the valuation date nearest to the
year end.
The Statement of Financial Activities includes unrealised gains and losses arising from the
revaluation of the investment portfolio. The trustees consider Ihat the cash held as part of the
portfolio to be cash at bank, and it is included in the balances at bank.
Fund accounting
Unrestricted funds are the charitable Incorporated Organisation's free reseNes available for
the Trustees to apply in accordan￿ with the Gharilable 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 certainty 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
received, with the exception of known legacies which are accounted for when their receipt is
rtain.
Income from charitable aclivities is recognised on an accrual's basis except for grants
re￿1Vable. which are recognised on the date on which Iheir unconditional payment is
confimied by the donor.

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2024
Flxed Assets
Capital expenditure is treated as a fixed asset and depreciated lo write off each asset over
its estimated useful life
Expenditure recognition
Liabilities are recognised as soon as there is a legal or conslruclive obligation commilting the
Charitable Incorporated Organisation to that expenditure, it is probable that settlemenl will be
required, and the amount of the obligation can be measured reliably.
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 Aclivities. Support and governance costs are applied to
unrestricted funds unless specifically included in the restriclions, as specified by the donor.
Expenditure on charitable activities relates to the operation of the charily comprising of direct
charitable expenditure to meet the objectives of the Charitable Incorporated Organisation.
Support and governance costs relate to the management and operation of the Organisation
and also Complian￿ 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 financial
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 effeclive interest method unless the arrangement constitutes a
financing transaction, where the transaction is measured at the present value of the future
receipts discounled at a market rate of interest. Financial assets classified as receivable within
one year are not amortised.
Basic financial liabilities
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 al a market rate
of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate
method.

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2024
Derecognition of financlal 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 the 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 sources. 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 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 governance 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 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.
Taxation
Income and gains are exempt from taxation as they are received 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 lax on income or gains
falling within those exemptions. The Charitable Incorporated Organisalion 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
2024
2024
Total
Funds
2024
Total
Funds
2023
Donations and legacies
Donations
2,479
2,479
4,790
Income from donations and legacies for 2023 related wholly lo unrestricted funds.
10

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2024
Restated
Total
Funds
2023
UnrestriGted Restricted
Funds
Funds
2024
2024
Tofal
Funds
2024
b. Charitable activities
Historic England
Mayoral Neighbourhood Fund
National Lottery Community Fund
2,000
2,OQO
9,620
13,620
All income from charitable activities in 2023 represents restri¢ted funds.
Investment
Unrestricted Restricted
Funds
Funds
Total
Funds
Total
Funds
2024
2024
2024
2023
Investments dividends and interest
2,070
2,070
1,067
3. Expendlture on Charitable actlvltles
Direct
Charitable
Expenditure
2024
Support &
Governance
Costs
2024
Total
2024
Total
2023
Advancing the education of young
people by providing mentoring,
support, and advice service.
12,351
1,134 13,485
11,150

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2024
a. as follows..
2024
2023
Direct charitable expenditure.-
Materials
Donations
Design Costs
Food & Food Hampers
Travel Expenses
Scholarship Fees
Clothing
Activities
Workshops
Gifts
3,741
551
1,485
2,486
200
1,700
668
647
200
1,686
1,700
600
6,080
12,351
9,393
Support & Governance GOSts.'
Bank Charges
Professional fees
Stationery
Equipment
Sundrie5
Accountancy
72
72
480
30
30
280
865
63
129
870
1,134
1,757
Total expendlture on charitable
aGtivities
13,485
11,150
£1,240 {2023'. £1,240) of the above expenditure is restricted expenditure
4. Fixed Asset Investments
2024
2023
Quoted Investments
Market value at 4th April 2023
Capital Inlroduced
Withdrawals
Net realised Gainsl{Losses) on
investment assets
147,945
150,455
12,844
(2,510)
Market Value at 4th April 2024
160,789
147,945
Book Value at 4th April 2024
150,412
150,412
The investment assels are held by The Trustees for Alsop Foundation Purposes.
5. Debtors
There were no debtors as at 4th April 2024 (2023.. £nil).
12

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2024
6. Cash at Bank and in Hand
2024
2023
Evelyn Partners- Income
Current Account
2,072
38,849
1,067
48,730
40,921
49,797
7. Creditors: amounts falling due within one year
2024
2023
Accruals
1,735
1,675
8. Analysis of net assets be￿een Funds
Tangible Investments
Fixed
Assets
Net
Current
Assets
Total
2024
Unrestricted Funds
General Fund
Fixed Asset Investmenl
28,761
28,761
160,789
160,789
160,789
28,761
189,550
Restricted Funds
Historic England
National Lottery Community
Fund
6,525
3,900
6,525
3,900
10,425
10,425
Totsls
160,789
39,186 199,975
13

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2024
Tangible
Fixed
Assets
Net
Current
Asset5
Restated 2023
Investments
Total
Unrestricted Funds
General Fund
Fixed Asset Investmenl
32,062
32,062
147,945
147,945
147,945
32,062
180,007
Restricted Funds
Historic England
Mayoral Neighbourhood Fund
National Loltery Community
Fund
4,500
2,000
4,500
2,000
9,560
9,560
16,060
16,060
Totals
147,945
48,122 196,067
9. Unrestricted funds
Movements in the Year
Income Expenditure Revaluation
Funds
Funds
at End
2024
beginning
of Year
of Year
General
Fund
Fixed Asset
Investment
32,062
4,549
(7,8501
28,761
147,945
12,844 160,789
Totals
180,007
4,549
(7,850
12,844 189,550
Movements in the Year
InGome Expenditure Revaluation
Funds
at
beginning
of Year
Funds
at End
2023
of Year
General
Fund
Fixed Asset
Investment
36,115
5,857
{9,910}
32,062
150.455
{2,510) 147,945
Totals
186,570
5,857
{9,910)
{2,510) 180,007

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2024
General Fund is used to finance the Charitable Incorporated Organisation's general
activities and core costs as outlined in the Trustees, Report.
Revaluation- representing the changes in valuation of fixed assets and inveslments held
by the charity.
10. Restricted funds
Movoments in the Year
Income
Expenditure
Funds
at beginning
of year
Funds
at end
of year
2024
Historic England
Mayoral Neighbourhood Fund
National Lottery Community Fund
4,500
2,000
9,560
{600}
(2,000)
(3,035)
3,900
6,525
16,060
15,635)
10,425
Movements in the Year
Income
Expenditure
Funds
at beginning
of year
Funds
at end
of year
Restated 2023
Bauer Radio Cash for Kids
Crimebeat
Historic England
Mayoral Neighbourhood Fund
National Lottery Community Fund
530
650
2,500
(530)
(650)
2,000
2,000
9,620
2,500
2,000
9,560
(60}
3,680 13,620
11,240)
16,060
These are monies given to the Charitable Incorporated Organisation to be spent at the
discretion of the Board of Trustees for specific charitable purposes, as follows..
Bauer Radio Cash for Kids - Contribution towards computers for kids
Crimebeat- Contribution towards running costs.
Historic England- Contribution towards Slavery Project
Mayoral Neighbourhood fund- Contribution towards food hampers, school uniforms &
extra-curricular visits
National Lottery Community Fund- Conlribution towards community activities to celebrate
the coronation of King Charles111
11. Prior Year Adjustment
Prior year financial statements have been adjusted to include a correction within the
restricted income. There is no impact on the nel movement in funds
12.Guarantees and Other Financlal Commltments
There were no financial Gommitmenls falling due as at 4th April 202412023- none)

THE ALSOP FOUNDATION CIO
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2024
13.Related Parties
There were no material related party transactions during this or the previous year which
require disclosure.
16