DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION cio ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 4TH APRIL 2025 Charity Registration No. 1188416
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO CONTENTS Page Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities Balan Sheet Notes to the Financial Statements
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 4TH APRIL 2025 The Trustees present their report and financial statements for the Charitable Incorporated Organisation for the year ended 4th April 2025. 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 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 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 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 Christmas Hamper Appeal distributed food to Alsop families facing financial hardship Alsop Pantry continues to provide one-off emergency food to families in crisis 4 students reiVed The Mike Best Scholarship to study at university Alsop Uniform Store provided students with uniform items and shoes 270 students reiVed the "Gift of Reading" Financial assistance provided to facilitate a Transition Summer School Funding provided for Year 11 Residential to improve exam technique and study skills 10 students given financial assistance to attend the Year 11 Prom Mural created to celebrate the Coronation of King Charles111 Funding to establish a weekly "My Community Matters Forum" for young people to consider ways of improving community cohesion in North Liverpool. Financial assistance given to enable young people to engage in end of term enrichment visits and activities Funding for Alsop Annual Awards Evening to celebrate the progress and achievement of students Funding for the purchase of trophies and prizes for a Sports Presentation Evening Published a school textbook "Liverpool and the Transatlantic Slave Trade." To be launched in May 2025 Stage One of "The Sanctuary" community garden completed. Fencing installed and planters in place
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 4TH APRIL 2025 FINANCIAL REVIEW Total income for the year was £19,939 (2024.. £4,549), ofwhich £12,854 (2024.. £NIL) related to funding for projects upon which restrictions are placed. Total expenditure for the year was £26,795 (2024.. £13,485) leaving a deficit for the year of £6,856 (2024.. deficit £8,936}. At 4th April 2025 the Charitable Incorporated Organisation's reserves stood at £194,515 (2024.. £199,975) of which £11,19912024'. £10,425) 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 to manage exposure to the major risks RESERVES POLICY It is the policy of the Charitable Incorporated Organisation to maintain unrestricted funds, which are free reserves at a level to cover minimum of three months, running costs should no further funding be received. As at the end of the financial year the unrestricted funds totalled £183,316 of which £162,185 is represented by investments leaving surplus free reserves £21,131. The Charitable Incorporated Organisation requires, £3,679 for three months, running costs. PLANS FOR THE FUTURE Develop and install a Community Garden Continue to provide assistance towards visits and residentials Seek funding to facilitate a programme of events and activities to celebrate the centenary of the opening of Alsop High School in 1926. Work with local schools and community partners on community cohesion activities. 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 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.. (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.
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 4TH APRIL 2025 REFERENCE AND ADMINISTRATIVE DETAILS Name The Alsop Foundation CIO 1188416 Charity number Address & Office The Alsop High School Queens Drive Walton Liverpool L4 6SH Trustees The members of the Board of Trustees are as follows: P Bull N Fielding J Kerfoot K Maunder C Jones P Masher (Appointed 3rd June 2024) (Resigned 16th April 2024) Independent Examiner Mrs Ying Huang 151 Dale Street, Liverpool, L2 2AH Bankers Unity Trust Bank PIC Four Brindleyplace Birmingham B12JB Signed on behalf of the Trustees by.. 28 January 2026 Peter Bull, Trustee Date
DoGUSign Envebpe ID." C07A03C&3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 4TH APRIL 2025 I report on the accounts ofthe Charitable Incorporated Organisation for the year ended 4th April 2025 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 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 indudes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees COnrning any such matters. The prOdureS 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 examinerfs staten7ent In connection with my examination, no matter has come to my attention.. Inde endent examiner's 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. SWJhndby." Name: Mrs Ying Huang Relevant professional qualification or body= ACCA Address: c/0 LCVS 151 Dale Stree¢ L2 2AH Dated.. 28 January 2026 DFOS1AÉ92ÉaDIB6
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 4TH APRIL 2025 Notes Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Income and Endowments from: Donations and legacies Charitable activities Investments 2a 2b 2c 4,071 4,071 12,854 3,014 2,479 12,854 3,014 2,070 Total income 7,085 12,854 19,939 4,549 Expenditure on: Charitable activities 14,715 12,080 26,795 13,485 Total expenditure 14,715 12,080 26,795 13,485 Net (Expenditurellincome (7,630) 774 (6,856) (8,936) Net gainl{Losses) on investments 1,396 1,396 12,844 Net movement in funds (6,234) 774 (5,460) 3,908 Total funds brought forward 9,10 189,550 10,425 199,975 196,067 Total funds carried forward 8- 10 183,316 11,199 194,515 199,975 The notes on pages 8 to 16 form part of these accounts. All the above amounts relate to continuing activities of the Charitable Incorporated Organisation
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO BALANCE SHEET AS AT 4TH APRIL 2025 Notes 4th April 2025 4th April 2024 Fixed assets Investments 162,185 160,789 Current assets Debtors Cash at bank and in hand 33,247 40,921 33,247 40,921 Current liabilities Creditors.. amounts falling due within one year (917) (1,735) Net current assets 32,330 39,186 Total assets less current liabilities 194,515 199,975 Funds: Unrestricted funds Restricted funds 183,316 11,199 189,550 10,425 194,515 199,975 Approved by Trustees on . 28 January 2026 Sbmdby.. f Lkv EdL D002E863482A476. Peter Bull , Trustee
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2025 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 otherwise stated in the relevant note{s) to these accounts. The financial statements have been prepared in accordan 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 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 currency of the charity- Monetsry 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 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 that 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 reseeS 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 certainty of receipt and so it is probable that the income will be reived, and the amount of income receivable can be measured reliably. Donations and legacies comprise donations which are recognised in the accounts when reived, with the exception of known legacies which are accounted for when their receipt is certain. Income from charitable activities is recognised on an accrual's basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor.
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2025 Fixed Assets Capital expenditure is treated as a fixed asset and depreciated to write off each asset over its estimated useful life Expenditure recognition 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. 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. Expenditure on charitable activities relates to the operation of the charity 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 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 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 cosl using the effective interesl method unless the arrangemenl constilutes 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 liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction 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 cost, using the effective interest rate method.
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2025 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 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 SoUrs. 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 activtties relate to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charity. Support and governan 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 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 2025 2025 Total Funds 2025 Total Funds 2024 a. Donations and legacies Donations 4,071 4,071 2,479 Income from donations and legacies for year end 2024 related wholly to unrestricted funds. 10
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2025 Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 b. Charitable activities Bupa Foundation Green Community Grants Cash 4 Kids International Tree Foundation LCC Communities Together Grant {Cohesion Film) Liverpool Council for education- Slavery Project Margret Bryce Smith School Scholarships 1,800 1,680 624 1,800 1,680 624 2,500 3,000 2,500 3,000 3,250 3,250 12,854 12,854 c. Investment Unrestricted Restricted Funds Funds Total Funds Total Funds 2025 2025 2025 2024 Investments dividends and interest Bank interest 2,158 856 2,158 856 2,070 3,014 3,014 2,070 Income from investments for year end 2024 related wholly to unrestricted funds. 3. Expenditure on Charitable activities Direct Support & Charitable Governance Expenditure Costs 2025 2025 Total 2025 Total 2024 Advancing the education of young people by providing mentoring, support, and advi service. 25,403 1,392 26,795 13,485
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2025 as follows: 2025 2024 Direct charitable expenditure.. Donations Design costs Food and food hampers Travel expenses Scholarship fees Equipment Sessional fees Clothing Activities Bereavement support fund 20 1,485 2,486 2,385 200 3,500 6,493 810 500 9,495 2,000 1,700 600 6,080 25,403 12,351 Support & Govemance GOSts.' Bank Charges Subscriptions Stalionery Sundries Computer support Accountancy 71 271 72 63 129 70 59 917 870 1,392 1,134 Total expenditure on charitable activities 26,795 13,485 £12,080 (2024.. £1,240) of the above expenditure is restricted expenditure 4. Fixed Asset Investments 2025 2024 Quoted Investments Market value at 5th April 2024 Capital Introduced Withdrawals Net realised Gainsl(Losses) on investment assets 160,789 147,945 1,396 12,844 Market Value at 4th April 2025 162,185 160,789 Book Value at 4th April 2025 150,412 150,412 The investment assets are held by The Trustees for Alsop Foundation Purposes. 5. Debtors There were no debtors as at 4th April 2025 (2024.. £nil). 12
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2025 6. Cash at Bank and in Hand 2025 2024 Evelyn Partners- Income Current Account 2,072 38,849 33,247 33,247 40,921 7. Creditors: amounts falling due within one year 2025 2024 Accruals 917 1,735 8. Analysis of net assets between Funds Tangible Investments Fixed Assets Net Current Assets Total 2025 Unrestricted Funds General Fund Fixed Asset Investment 21,131 21,131 162,185 162,185 162,185 21,131 183,316 Restricted Funds Bupa Foundation Green Community Grants Cash 4 Kids Historic England International Tree Foundation LCC Communities Together Grant (Cohesion Film) Liverpool Council for education- Slavery Project National Lottery Community Fund 1,800 286 3,600 624 1,800 286 3,600 624 2,500 2,500 1664 1664 725 725 11,199 11,199 Totals 162,185 32,330 194,515
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2025 Tangible Investments Fixed Assets Net Current Assets Total 2024 Unrestricted Funds General Fund Fixed Asset Investment 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 9. Unrestricted funds Movements in the Year Income Expenditure Revaluation Funds at beginning of Year Funds at End 2025 ofyear General Fund Fixed Asset Investment 28,761 7,085 (14,715) 21,131 160,789 1,396 162,185 Totals 189,550 7,085 (14,715) 1.396 183.316 Movements in the Year Income Expenditure Revaluation Funds at beginning of Year Funds at End 2024 of Year General Fund Fixed Asset Investment 32,062 4,549 (7,850) 28,761 147,945 12,844 160,789 Totals 180,007 4,549 (7,850) 12,844 189,550 14
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2025 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 investments held by the charity. 10.Restricted funds Movements in the Year Funds Income Expenditure at beginning of year Funds at end of year 2025 Bupa Foundation Green Community Grants Cash 4 Kids Historic England International Tree Foundation LCC Communities Together Grant (Cohesion Film) Liverpool Council for education- Slavery Project National Lottery Community Fund Margret Bryce Smith School Scholarships 1,800 1,680 1,800 286 3,600 624 (1,394) (300) 3,900 624 2,500 2.500 3,000 (1,336) (5,800) (3,250) 1,664 725 6,525 3,250 10,425 12,854 {12,080) 11,199 Movements 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 (5,635) 10,425 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.. Bupa Foundation Green Community Grants- Contribution towards the creation of the sanctuary garden Cash 4 Kids- Contribution towards breakfast food for children Historic England - Contribution towards Slavery Project International Tree Foundation- Contribution towards planting of trees for the sanctuary garden
DoGUSign Envebpe ID." C07A03C8-3B894AAE.999&09D0612FB659 THE ALSOP FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS FOR YEAR END 4TH APRIL 2025 LCC Communities Together Grant (Cohesion Film)- Contribution towards making of a film to lebrate community cohesion in response to the unrest during the summer of 2024 Liverpool Council for education- Slavery Project- Contribution towards the "Liverpool slavery- impact and legacy" project Mayoral Neighbourhood fund- Contribution towards food hampers, school uniforms & extra-curricular visits National Lottery Community Fund- Contribution towards community activities to celebrate the coronation of King Charles I I I Margret Bryce Smith School Scholarships - Contribution towards scholarships. 11.Guarantees and Other Financial Commitments There were no financial commitments falling due as at 4th April 2025 (2024= none) 12.Related Parties There were no material related party transactions during this or the previous year which require disclosure. 16