DoCu￿gn Envdope ID. 62FSC324-FB524SAF-A4A7-551EB9539822
EDWARD BIBBY FUND
UNAUDITED ANNUAL REPORT
& FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30TH JUNE 2024
CHARITY NUMBER - 200593

DocU￿gn Envdope ID. 62F5C32*FB5245AFWA7-551EB9539822
EDWARD BIBBY FUND
TRUSTEES REPORT FOR THE YEAR ENDED 30TH JUNE 2024
The Trustees present their annual report and financial statements of the charity for the year
ended 30th June 2024.
The financial statements have been prepared in accordance with the charity's trust deed,
the Charities Act 2011 and Accounting and Reporting by Charilies.. 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 1021.
OBJECTIVES AND ACTIVITIES
The Trust has been established to make grants for charitable purposes. Grants are only
made lo charities known lo the settlor and unsolicited applications are therefore not
considered.
Public Benefit
The trustees have given consideration to the Charity Commission guidance on public
benefit.
ACHIEVEMENTS AND PERFORMANCE
Investments have been managed throughout the year by the Investment Managers, with
performance being monitored by the Trustee. The Trust has therefore been able to maintain
its grant-making programme.
FINANCIAL REVIEW
Total income of £28,290 {2023'. £24,302) was re￿iVed during the year. This funded grants
of £17,922 (2D23'. £41,486) to charitable organisations. Capital investments were valued al
£979,27712023'. £898,616) at the year end.
Reserves Policy
The trust deed permits the spending of capital,. the trustee has, however, agreed to retain
the capital for the time being and to invest it to produce income to make grants. The trustee
is managing the reserves to balance the needs of current and future beneficiaries. It is not
anticipated that the needs of beneficiaries will diminish over time.
Investment Policy and Powers:
The Trustee has the power of investment conferred by the Trustees Act 2000. The
investment strategy is set by the trustees and takes account of recent demands for funds
and an assessment of expected future needs {see Reserves Policy). The investment policy
and strategy are reviewed with the investment manager al regular intervals. The investment
objective is to maintain, overall, the real value of capital and income.
Risk Management:
The main risks to which the charity is exposed as identified by the Trustee have been
considered and systems have been established to mitigate those risks.

DoC￿*¢n Envebptt ID.. 62F5C324-FB5245AFA4A7_S51EB9539822
EDWARD BIBBY FUND
TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2024
TH
Plans for The Future
The objectives remain unchanged for the future., the intention is for continued investment
management on a consistent basis and distribution of income lo charitable organisations.
structure, Governance and Management
The Trust was established by a Trust Deed dated 11th October 1960, charity number
200593 and is administered by its corporate Trustee, Liverpool Charity and Voluntary
Services.
REFERENCE AND ADMINISTRATIVE DETAILS
Name
Edward Bibby Fund
Charity number
200593
Principal Office
LCVS
151 Dale Street
Liverpool
L2 2AH
Liverpool Charity and Voluntary Services {LCVSI, a corporate
trustee, which is incorporated under the Companies Act as a
company limited by guarantee without share capital as company
number 181759, 8 registered charity, number 223485, and
charitable Trust Corporation. LCVS trustees, who are also its
directors, were as follows during the year.
Sonia Bassey MBE
Mike Thomas
Dorcas Akeju
Sonia Bassey MBE
Maxine Ennis
Anna James
Dr Hardamanjit R Kaur
Ken Perry
John Price
Anne Reading
Michael Salla
Louise Scholes
Gemma Shone
James A Sloan
Neil John Slumiey
Mike Thomas
Trustees
Chair
Treasurer
(Appointed 1P October 2024)
(Appointed 17th October 2024)
(Resigned 2nd September 2024)
(Resigned 4th November 2024)
(Appointed 17th October 2024)
(Resigned 30th June 20241
Secretary
Independent Examiner
Helen Rotheram
Paula Sanchez ACCA
Score Lane
Liverpool, L16 5EF

D￿SlOn Envelope ID.. S2F5C324-FB5245AFA4A7.55IEB9S39822
EDWARD BIBBY FUND
TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2024
TH
Investment Managor
Investec Wealth and Investment
The Plaza
100 Old H811 Street
Liverpool, L3 gAB
TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The charity Irustee is responsible for preparing a trustee's annual report and financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Praclicel. The law applicable to charities
in England and Wales requires the charity trustee to prepare financial statements for each
year which give a true and fair view of the slate of affairs of the charity and of the incoming
resources and application of resources, of the charity for that period. In preparing the
financial statements, the trustee is required to..
select suitable accounting policies and then apply them consistenlly.,
obseNe the methods and principles in the applicable Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any
malerial departures that must be disclosed and explained in the financial stalements.,
prepare the financial statements on the going con￿rn basis unless it is inappropriate to
presume that the charity will continue in business.
The trustee is responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and to enable them to
ensure that the financial statements comply with the Charities Act 2011, the applicable
Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. It is
also responsible for safeguarding the assets of the charity and taking reasonable steps for
the prevention and detection of fraud and other irregularities.
Approved by the Trustee and signed on its behalf by
Mike Thomas LCVS Trustee
03/03/2025
Date......

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
EDWARD BIBBY FUND
report to the trustee on my examination of the accounts of Edward Bibby Fund {'the
charity'l for the year to 30th June 2024, which are set out on pages 6 to 12.
Responsibilities and basis of report
As the trustee of the charity, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 I'the 2011 Act'i.
I report in respect of my examination of the charity's accounts carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all the applicable
Directions given by the Charity Commission under section 145 (5)(b} of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be
required in an audit and consequently does not cover all the matters that an auditor
considers in giving their opinion on the accounts. The planning and conduct of an audit
goes beyond the limited assurance that an independent examination can provide.
Consequently, l express no opinion as to whether the accounts present a 'true and fair
view, and my report is limited to those specific matters set out in the independent
examiner's statement.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my
attention in connection with the examination giving me reasonable cause to believe that in
any material respect..
accounting records were not kept in respect of the charity as required by section
130 of the 2011 Act., or
2. the accounts do not accord with those records., or
3. the accounts do not comply with the applicable requirements concerning the form
and conlenl of accounts set out in the Charities {Accounts and Reports)
Regulations 2008 other than any requirement that the accounts give a 'true and
fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
Name.. Paula Sanchez
Name of applicable listed body.. Association of Chartered Certified Accountants
Relevant professional qualification or body.. ACCA
Date: 241312025

Dcu¥gn Env￿￿ ID. 62F5C32¥FB5245AF-A4A7-551EB9539822
EDWARD BIBBY FUND
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024
Unrestricted Funds
Capital
Funds
2024
Notes
Income
Funds
2024
Total
2024
Total
2023
Income from:
Investments
28,290
28,290
24,302
Total income
28,290
28,290
24,302
Expenditure on:
Charitable activities
23,987
23,987
45,801
Total expenditure
23,987
23,987
45,801
Net income and net
movement in funds before
gain on investments
4,303
4,303
121,4991
Net gainlllossl on investment
assets
80,661
80,661
6,207
Net movement in funds
4,303
80,661
84,964
(15,5921
Reconciliation of funds..
Total funds brought forward
41,762
898,616
940,378 955,670
Total funds carried forward
46,065
979,277 1,025,342
940,378
The notes on pages 9 10 12 fomi part of these accounts.
The net movement in the funds in the year is derived from the continuing activity of the
charity.
All of the charity's funds are unrestricted for years ended 30th June 2024 and 30th June
2023.

Docusign Envebpe ID. 62FSC324FB5245AF-A4A7-551EB9539822
EDWARD BIBBY FUND
BALANCE SHEET AS AT 30TH JUNE 2024
Notes
30thJune 2024
30th June 2023
Fixed Assets
Investments
979,277
898,616
Current Assets
Cash balance
47,790
42,977
Current Liabilities
Creditors
{1,725)
{1,215)
Net Current Assets
46,065
41,762
Net Assets
1,025,342
940,378
The funds of the Charity:
Unrestricted Funds:
Capital Funds
Income Funds
979,277
46,065
898,618
41,762
1,025,342
940,378
Approved and authorised for issue by the Trustee and signed on its behalf by
br.
9BBB3551D1fg4AC
Mike Thomas- LCVS Trustee
03103/202 5
Dated:

D(tLL41on Envek)pe ID.. 62F6C324_FB5245AF-A4A7.551EB9539822
EDWARD BIBBY FUND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
TH
1. ACCOUNTING POLICIES
Basis of Accounting
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 IFRS102} (SORP 20191 and the Financial Reporting Sl8ndard applicable in the
United Kingdom and Republic of Ireland {FRS102) and Charities Act 2011.
The financial statements have been prepared under the historical cost convention with
items recognised at cost or transaction value unless olhetwise stated in the relevant
note(s) lo these accounts
The trust constitutes a public benefit entity as defined by FRS 102.
The accounts are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial slatements are rounded to the nearest £.
The Charity 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 trustee has reasonable expectation that the
charity has adequate resources lo continue in operational existence for the foreseeable
future. Thus the trustee continues to adopt the going concem basis of accounting in
preparing the accounts.
Investments
In accordance with Slatement of Recommended Practice.. Accounting and Reporting by
Charities (SORP 20191, inveslmenls held as fixed assets are stated at fair value.
Realised and unrealised gains and losses are dealt with as movements on the Capital
Fund. Inveslments are valued at the mid-market price on the valuation date.
Fund accounting
Unrestricted funds are considered 'free' reserves and are available for use or retention at
the discretion of the Trustees, in accordance with the charity's objectives. Free reserves
are undesignaled funds available for the furtherance of the general objectives of the
charity.
Income recognition
Income from investments comprises dividend income and interest and are accounted for
when received in the financial year. Donations are recognised at the earlier of notification
or date of receipt, in the case of the Ihird-party donations and legacy income when
received by the organisation.
Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive
obligation commilling the charity 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 and
governance costs, are allocated or apportioned to the applicable expenditure headings in
the statement of financial activities.

DocvsigTr Enveh)pe ID." 62F5C324-FB5245AF_A4A7.SS1EB9539822
EDWARD BIBBY FUND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024
Raising funds costs relate to expenses incurred in the management of the investment
assets. Charitable activities include grant funding, along with associated support costs, to
beneficiaries. These are dealt with in the Statement of Financial Activities when payment
has been approved by the charity. Governance costs relate to Complian￿ with
constitutional and statutory requirements and specifically include all costs incurred by the
charity in producing the Annual Report.
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 financi81
instrumenls.
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 inc5uding 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 finanoial liabilities
Basic financial liabilities, including credilors 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 wilhin one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using Ihe effective interest
rale method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charrty's contractual obligations expire or
are discharged or cancelled.
Taxation
The charity 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. Partial
recovery is made of tax credits on UK dividend income. The charity is not able to recover
Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT.

DOCu￿gn Envelop2 ID. 62F5C324F85245AF-A4A7-551E89539822
EDWARD BIBBY FUND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024
Critical Accounting Estimates and Judgements
In the application of the charity's accounting policies, the trustees are required lo 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 experien￿ and olher 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 currenl and future periods.
2. Income and endowments from:
Income
Capital
Total
Total
2024
2024
2024
2023
Investments
Investments dividends and interest
28,290
28,290 24,302
3. Expenditure on charitable activities:
Analysed as follows..
2024
2023
Direct charitable expenditure..
Grant funding
Grant support - LCVS
Grant making administration costs -
LCVS
17,922
4,340
943
41,486
3,100
810
23,205
45,396
2024
2023
Support & Govemance costs..
Administration - LCVS
Independent examination
472
310
405
782
405
Totsl expenditure on charitable
a¢tivities
23,987
45,801
io

D￿U519￿ Enveloptr ID.. 62FSC32*FB5245AF-A4A7-551EB9539822
EDWARD BIBBY FUND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
TH
During the year the following grants were made..
Grants to organisations of £1,000 and
over
Cornerstone Collective
Corporation of Liverpool Cathedral
Love, Jasmine
Tower Hill ACB CIC
Unity Theatre
1,680
2,500
2,400
2,160
2,982
11,722
6,200
Grants under £1.000
17,922
4. Fixed Asset Investments
2024
2023
Quoted Investments:
Market value at 1st July 2023
Unrealised gainlllosses) on investment
assets
898,616
80,661
892,409
6,207
Market value at 30th June 2024
979,277
898,616
Book value at 30th June 2024
100,657
100,657
The tNst holds all of its fixed asset investments in a Charity Commission approved
pooling scheme, the Settlors, Trust Fund ISTF), administered by Liverpool Charity and
Voluntary Services and, al the balance sheet date, managed by Investec Wealth &
Investment. At 30th June 2024, the assets of the STF fund had a total market value of
£33,821,44312023.' £31,099,741} of which £979,27712023. £898,616) is an asset of the
trust.
5. Creditors
2024
2023
Administration - LCVS
Independent examination fee
1,415
310
1,215
1,725
1,215
li

Docusign Envebpe ID.. 62F5C324_FB5245AFA4A7.551EBg539822
EDWARD BIBBY FUND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
TH
6. Unrestricted Funds
Income Fund.. Investment income and donations received for distribution as
grants to charitable voluntary organisations.
Capital Fund.. Funds held provide income for the ongoing activities of the trust.
7. Related Party Transactions
Charitable Activities.. Ihese include £4,340 (2023.. £3,100) LCVS grant support and £943
{2023'. £8101 grant making administration costs payable to LCVS. Governance Costs=
these include £53212023.. £4051 payable lo LCVS in respect of accountancy and trust
adminislralion.
Creditors.. balance includes £1,475 (2023.. £1,215) payable to LCVS at the year end.
LCVS is related to the Fund by virtue of being the corporate trustee.
No trustee received remuneration or expenses as part of their role as Trustee of the
charity.
12