Charlty Regl$tratlon No. 21OQ36 FLORENCE COHEN CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS for the year ended 31 December 2023
FLORENCE COHEN CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Thistees Sir Jonathan Jame5 Flvett-C8mac Sally Helen Greenlees Loudon lan Greenlees Guy fimothy Hollan&8osworth Sarah W¥ett-Camac Lily Grace Holland-Bosworth Charlty number 210036 Principal address clc DSG Chartered Accountants Costle Chombers 43 Castle Street Liverpool L2 9TL Ind•p•ndent trxamin•r Anthony Bayliss 72 Walerpark Road Prenlon CH43 ORS Sollcltors Brabners LLP Horton House Exchange Fl¥gs Liverpool L2 3YL Invostm•nt advisorn Ralhbone Investment Management Limited Port of Liverpool Bullding Pier Head Liverpool L3 1NW Accountants DSG Charterèd Accountants Castle Chambers 43 Casue Street Liverpool L2 9TL
FLORENCE COHEN CHARITABLE TRUST CONTENTS Pago Ttuste8s' roport Independent ex8mino¢s report statement of finanaal aCtie$ Balance Sheet Notes to the flnanc4al slalements 8-13
FLORENCE COHEN CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustegs present their report and financial statements for the Year ended 31 December 2023. The accounls hove been prèpared In accordance wth the o¢countlng pollcie8 set out in noto 1 to the accounts and comply with the ChariV¥ governlng document, the Charities Act 2011 and 'Accounting and Repon9 by Charilie8'. Statement of Recommended Practlce applicoblg lo charities preparing th8ir accounts in accordance wth the Financial Reporbng Standard applicablè in the UK and Republic of Ireland IFRS 1021. las amended for accounting periods commenring from 1 J8nuary 2016} ObJedlve8 and actlvltl Charltabl• obi•¢ts The Trustees hold the funds on trust for Ihe following.. lal To pay or 8pply the income of the Trust as il arh8es and may in their diseret+on al any tlme or times pay or apply the whole or any part or parts of the capttal thereof upon trust in or towards the furtherance of such chiritablè purpose or charitable purpo$g$ and rf more than one in such proporkn"on8 and in such manner in all respects as the Trustees shall from lime to time think fft. (bl To provide relief for aged persons as the Trustees shall from tim8 to tlme delemine. {cl To pay or tronsfer the same lo any charitable institution or body Iwh8lhgr incorporated or unincorporated) established for the relief of aged persons lo b8 applied by such Insthution or body eilheT for ils general purpo$e$ or for 8om8 specific charitable purpose for the relief of aged per80ns. {d) To purthas8 lands of any tenur? and whether with or thOut existing buildings thereon and to èrect, enlaTge. alter, decorate. fumish and equip any buildings for the accommodation of persons who are proper oblects of such trust and to maintain and op8rat8 the same with all proper staff services and amenilies wth power from tirne to lime lo delegate their POWeTS and duties or discretlon in connection with the management thereof. The Setuor expressed a wish, although It 1$ not binding upon the Trustees. that they give preference lo the relief of Di8lressed Gentlefolk, who being male are over the a9e of 85 year8 and femal& over the age of 60 years and particularfy lo those of ill hedlh. Thg Trustees continue lo hold Unreslrict•d Funds and so all funds are available lo meet the Chariws objectives. The Trustees are satlsfied that the Ch8rily's as8et8 are availablo and adequatè to futfil its currant objectives, lo make donation8 to indidual8 and chafitsble organi681ions aP1Y lo the Charity in writing. Alms of charlty The aims of the Charlly are to apply, al the discretion of the Trustees, gronl$ lo the ch8ritsble oblgcts, How achlgvgment of alm$ furthers obJ8ctlvgs Tha Trustees athieve their charitsble objectbves by maklng grants to the charrtable objects. strategles for achlevlng alm8 The Tru5tees' strategies to achiove thair aims continue to be one of essenllalty grant making. statement of compllance wlth Charlty Commlsslon guldonce The TTuslees have pald due regard lo the Charity Commission's guidance on public benefft In deddlng the activities undertaken by tha Charity during the year. The Trustees are $8tssfied that the Informaon promded in the repDrt and accounts mèets the publlc benefil reporting reqLFlrements.
FLORENCE COHEN CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Charltable activitl8s There are no ¢)perational adv6tles other than those involved in the operation of the Inve8trnenl porttollo. Grant mklng pollcy The Charitsble Trust is mainly involved in grant making In fijrtherance of the Charitys aims. Grants mado during the year are recognised in the COunts in the p8riod for véhith they are Intended to te applled KI treated as due in total on Ihg dale pald. Achlev8m•nts and rfoanCe Revlew of th9 Charfjty's aehlevements The Trustees arg happy thal by applylng their intended grants lo various charftable objects they hav8 been able to their alms in providing tsJrKling and support. Several donation5 were mad8 during the year a8 detslled in the accounts. Investment porfornianc• Most of the Charity's capital 1$ invested on the stock mathet. and throughout th¢ year th8 lolal retum of the portfollo fell within the Tnjstees acceptable variance of the performancg benchmark. Ongoing Investment advlce is provided by the investment athiwrs in conJLtnction with the Tru81ee$. As al the 31 December 2023, the portrolio was valued al £3.519.719. This is In compari$on to the previou$ year. where at the 31 D8Mber 2022 the portrolio was valued at £3,441,640. Finan¢lal revi•w The Charitable Trusvs overall fund balan¢e$ for the year total £3,569.713 ¢ompared th £3,539.151 for 2022. After taking Into cmsideration total net incoming resouree$, recogni8ed gairts and losses durfng the year, commttments to charitable donations arKI govemance costs, there was an overall increase in th8 net movement in funds of £30,562, compared lo a decrease of {£415,027} for 2022. The Trustees hove also reviewed their grant maknrkg capability and wim, going forward, ensure there 18 8uffickqnt incom& year on year to enabfe their financlal commitments to be met. The Trustees have delegated the operation of the inv8Stmgnl portfolio lo the Investment adwsors who are respon8lble for meeting the Charitys Investrnent Objectives and who are measured again¥t their berhMark. Tho Trustoos consider thelr Inve8lment8 as expendable endowments, providing a r8fatFvgIy Secure and predlttable stream of income from vthich to make grants. The Trust$ aim lo distribute a large percentage of the Income, net of eXnseS, in e&h financial year and thereforo do not maintain income reserves as sueh. However, any unrealised gains and the Income levels on th8 investmen18 held are conlinualty revigwed by the Trustees at their meetings tt) ensure that they have sufficient funds to meet theFr obig¢tives. 11 Is the policy of the Charity that unrestrirted (unds %thlch have not been designated for a specific use should be malntained al a level equivalonl to betrwe6n three and six month's expenditur8. The Trustees consider that raseNes at this level VAII ensure that, In the event of a significant drop in funding, Ihgy VAII be able 19 continue the Charity's ¢urrenl acllvilies while considerallon is given to ways In which addilionaf funds may be raised. Thls level of roseNes has been maintsined throughout the Year.
FLORENCE COHEN CHARITABLE TRUST TRUSTEES, REPORT {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2023 InVtment Poliey The operation of the Investment Portrolio has begn do18gated to the investment adwsors wtlh whom there 16 a discretionary agrèèmènt. The investment advlsors are required lo avoid exposure to investments Mthlch 8re deemed lo be un8ultable In the context olthe Tnjstees, Oblectlves, when considering the portlolio ¥ whole. Th8 Investment adv180rs will provid& hair yeady r8POrts which will include a statement nfirMing adherence to this Fxilicy statement or providing dglails of exceptions together whh explanatkins. The report will also includ• comparison of the portfolio relum in relation lo the benchmark. Major deviallons wlll be examined and explained. The bgnchmark upon %thlch the investment portfolio is measured is the FTSE All Share Indox and tho VVMA Balanced Index. As ttre are no specific restridion8 of inv88tment powers under the goveming dood. the Trustees have full discrelion over Ihft investments. The Tru8lee8 have delegated Rathbone Investment Management Limited lo have fvll discretignary day lo day control of the investments. In a¢cordance wth the Trustee Act 2000, as this duty has b88n d818gated, the Trustees have in place a Poliw Ststement. Also in aetordance wlth the Trustee Act 2000. the Trustees conllnue to regularly review the poliGies. The Trustees have reviewed current policies and do not f991 any arnendments are necessary. Assets have been acquired and disposed of in •¢¢ordance wlh the powers available to the Trusteos. Rlsk manag8mènt The TnJ8tees have considered the major risks to uthich the Chèrty 1$ exposed and hav8 established systems and procedures to manage these. This indudes the appointrnenl of accountants to provide advico, accountancy and secretarial services,. investment advisors to provide continuous oversight of the Trust's investment portfolio.. and the Twslees themselves have agreod lo delegate eertaln fvnctions lo those wilh appropriato sknlls to monittrr the efftive management of the Trust and the application of funds to fu11 their charrtable objectives. The Trustees consid8r variabilty tsf investment retums to constitute the Charity'8 maj'or financial risk and have put the invgstmenl poliw in place to manage that risk. The Trustees CognIse the risk associated w6th Investment In m8lnstream finanThal m8rkets and awepl this risk in return for the prospect of 8dditignal returns over kjnger periods of time. They wlsh to moderate the ri$k of d8vialion of retums relative lo the chosen benchmark. Plans for Iho futur• The Trustee$ wntinuetg consider written applications for fvndlng from individuals and other charitable or9anisations. They hold Unrestricted Funds and so all fvnd$ arg availabla to meet the Ch8ritys objectives and are satisfied that the Charity's assets are available and adequate to fulfil its current oblectlves which will continue for the fore8eeable fvture. Structure. governanc• and management Nature of governlng document The Charity was established ty a tharitsble trust deed on 18Aprd 1960 by Fk)rgn¢a Cohen. The Twstees who seNed duriro the Year and up to the date of 8ignature of the finan81 statements w6r8.' Sir Jonathan James Rivett¢amac Sally Helen Greenlees Loudon lan Greenlees Guy Timothy H(Aland-Bosworth Sarah Rl¥ett-Camac
FLORENCE COHEN CHARITABLE TRUST TRUSTEES. REPORT (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Lily Gra¢e Holland-Boswonh Rluln9nlad •ppolnlmtnt of IruJt••8 The Charfty's goveming booy are tho TNst¢e8 new Irustses are elected by the Conlinuing Trustee8 and any Retirin9 Trustees at th8 INne of apptsinlment Tho Trustees gr& kept up to date on rglevant matter8 by thelr professional advisors. Any n8w Tnth are mwje awa of thglr duties and reSpsJu111e5 at the time ofthair appointment. OrganlF•tlonal #tructhro Thè Trust 18 mainly 8 grant making charity. In genar81 the Trustees lialse with their prolassional advisors in respecl of the invoslmenl portfolio and d•al with thè ¢haritable donations Including idefyIng and liaising wilh organisations whose adNities help fulfil the otye¢tives ofthe Charty. Howd•clslon$ arn mado The Charity18 run by a boty of Trustees Ir4ise regularty amorwjst thémselve8 and wlh their professK>nal 8dvisors formally a year to the pollcles and objectives ofthe TWSL The Trustse8 aca in accordanc& with the dedsbons made at thw meetings with thg appropriate actlons minut¢d. Irbduction and tr•ining of tru¥to Incoming Trustees are mad8 aware of Ihelr responsibiliti8s and th8 T5 obj.tiveS from the 83tn9 Twsteeg and their prof•$$nal adwsors al the date ofthelr appointmtt. The Trus18è$ are kept up lo dalg on rel8vant matters ty their professional advlsors. Op•ratlonal rnslrl¢tloM Therg are no specific restrictions imposed on tho Trustees by thg wvèming d(hxmenl ¢onceming the way the carity ¢an op8rate. Sp•¢ial InV•gtMt pow4rn Ther6 are no sr¢ restricbons on th¢ Tru$lg8s' investsnenl p¢)weTS. The Trusttss have dacided for Iho tim• b•Tng to Impostr restrion$ of their own. on the inveslm•nt athsors as listed in the Investmerrt policy. Ass•t ¢ov•r for funds Tho Tnthgs are salisfi9d there are 8uffldent assets lo m1 the Charf8 oblbJallon8. The Truslee$' report was approved by the Board of Trusloes. Sir Jon•than James Rlv•tt<arnc Trustge
FLORENCE COHEN CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FLORENCE COHEN CHARITABLE TRUST I report lo Ihe Trustee8 on my examlngtion of the financial statgmenls of FLORENCE COHEN CHARITABLE TRUST (Ihg Charity) forthe Year endod 31 00mb8r 2023. Respon8lbllltlè8 and baslg of rnport As the Trustees of the Charity you are responslble for Ihe preparali¢Jn of tho finandal $tat8ments in •Crdanc th the requlr&menls of the CharitiesAd 2011 (thè 2011 Act). I feport in ré8PèCt of my 8xamingtk)n of the Charttls finandal slatemonts carried out undér sodion 145 of the 2011 Ad. In GaTrying tsut my èx8mination I have foll¢)wed all the applicable DIreCtn5 gNon by thg Charity Commission und8f SaCtKJn 14515llbl of 2011 A¢L Independent •xamlMf¥ ststsment Your attention is drawn lo the lat# that the ch8rily has prnpared finandal slatefflents in accord8n¢a with Accounting and Raportlng by Charitses prgparing their account5 in ac¢ordanc8 with the Financoal Repon9 Standard appli¢abl8 in the UK Ind Republlc of Irel8nd IFRS 102) in pr&f&reneA to the Aco)unb'ng and Reporting by Chathe8'. Slatemenl of Recommended Pra¢tl¢e issued on 1 April 21YJ5 Wh is refarred to in the xlant regulations Ixrt ha$ now b88n withdrawn. l understand that this has been done in order for finantyal slat8ments to provide a true and fair wew aecordance with GeneTally Ac¢trpleil A¢¢ounling Practlce effeclive for r&pOng p8riods bèginnlng on or after 1 J¥nu8ry 2015. I have completed my 8xaminaUon. I confirm that no matters have corne to my attention in connection the examinalion giving me ¢8U$ to bdieve that in any materiBI respect: a¢¢ounling records were not kept in respect of the Charity as requlred by seiaion 130 of thè 2011 Act.. or the financAal statements do not ac¢ord with those records,. or the financial slalem&nts do not comply with the applicabl8 r8quirements con¢èming the form and ThtenI of accoun18 sel out in the Charities {Ac¢tsunts and Reports) Regulations 2008 other than any wuirement that the accounts glv& a true and lair Mew which Is not a matter considered #$ part of an indepondent examination. I have no concems and have come across no other matter8 in ¢onneetion with the examin8titsn lo whi¢h attention should be drawm in this re rt in order to enable a proper understanding of Ihe financial 81alemenls lo reached. Ahthony Bayliss 72 Walerpark Road Prenton CH43 ORS Dated:....
FLORENCE COHEN CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestrlcted Unr•strfcted funds futtds reven ¢apltal Total 2023 Total 2022 In¢om8 from: Investments 117.271 Ex ndfturè on: Rar5ing funds 117,271 110.315 25,418 25,416 26.821 Charitable actNilies 115.337 10,280 Totsl rnsources eXnded 125,617 111,144 115,337 35.896 151.033 137,965 N¢t gains on investments 64,324 64.324 Net movement In funds (387.37n 1.934 28,628 Fund balance$ al 1 January 2023 30,562 1415,027) 3.539,151 Fund b•Jances at 31 Dec•mber 2023 3,539,151 3,954,178 1.934 3,567,779 3,569,713 3,539.151 The statement of flnancial aGtivttie8 irlUdeS all gains and losses reco9nisod in the Year. All Income 8nd expendrture derive from conllnuing *cUvities.
FLORENCE COHEN CHARITABLE TRUST BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Notss Flx•d assets Investments Current assats Cash 8t bank and in hand 10 3.519,719 3.441,640 57,231 110.085 Crndltors: amounts falllng due wllhln one y•ar 11 17.23n 112,5741 Net current assets 49,994 97,511 Totsl ass•ts19$8 current liabllltles 3.569,713 3,539.151 Income fund• Unrestricted funds- capital Unre$lricted fund$- r8venue 3,567,779 1.934 3,539.151 3,569.713 3,539,151 Th8 accounts were approvad by the Trustees on ..... Sir Jonathan James Rivett£amac Trustee
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2023 Accountlng pollcles Charlty Infomation FLORENCE COHEN CHARITABLE TRUST is a Charitable trust fom8d by 8 deed datsd 18April 1960. 1.1 Ac¢ountlng conv9ntlon The a¢courrts have been prepared in accordance with the Ch8rity's governing document, the Charitles Act 2011 and "Accounting and Reporting by Charrts', Statement of Recofftmended Practice applicable to charities preparing thr acwjnls in accordane¢ with the Financial Rep¢Ylrng Standard applicable in the UK and Republic of Ireland IFRS 1021. las amgnded for accourrting period$ commenang from 1 January 20161. The Chartty is a Public Benefit Enlty as defined by FRS 102. The Charity has tsken advantage of the provisions in the SORP for charities applwng FRS 102 Update Bulletin 1 not lo prepare a Ststemenl of Cash Flrm. The financl8181atements are prepared In $18rling. vrfhlch 18 the functional euffency of the Ch8rity. Mongtsry amounts in these fin?ncial statements 8re rounded to the n8are8t £. Thè aceounls have been prepared under the historical cost convention. modified to include the valUation of freehold propertles and lo include investment properties and cgrtain flnandal instwments at fair valug. The principal a¢nI1j polic3 adoptsd are Set out below. 1.2 Golng concem At the lime of approving the )In8noaf statements. the Tru$iee$ h8ve a reasonable exp8ctatlon thèt the Charity has adequats resources to continue in operational existence for the foresegable future. Thus the Trustees contrnue lo adopt the going concern basis of accounting in preparing the finartial statements. 1.3 Charltablo funds UnTestricted funds are availat40 for use at the discretion of the Trustse8 in furtherance ol thelr charitable oblectfVèS. Restricted funds are 8ubj.ect to SPOC4fic conditions by donors Is to how they may be used. The purp08es and uses of the restricted fund8 are sel t in the notes to the finandal ststemenls. EndoTrent furKls are Subject to specific conditions by donors that the capltal must be mainlalned by the Charity. 1.4 Incomlng resource¥ Income is recognised when the Charity 1$ legally 9nlitl8d to 11 after any porfomi8nc8 conditions havg been met, the amounts can be measureil reliably, and it is prob8ble that IrKome wlll be receN8d. Cash donations ale recognised on receipt. Other donations are recognised once the Charity has been notified of thg donation. unless perfomiance conthtions require deferral of the amount. Income lax re¢over8ble in relation lo donattons reeaived under GfftAid or degds of covenant is recognised at the time of the donation. 1.8 Resourc•s exp•nded The costs of generating funds consjst of inv8slm8nt management c09ts. Costs of charitable actTrvltsgs include gfants made, govgmance ¢tsts and an apporlionment of support costs. Expenditurn Is acntfjd for on an accruals ba818. Grnnts payable are charged in the year lthen the offer Is made except in those c8ses where fhe offer is conditional. such grants being regnIsed as expenditure when the conditions attachlng are luffilled. Grants offered sublect to condition8 whrch have not been met at th8 year end are noted as a commitment, but not acuuorl as expenditure.
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Ac¢ountlng pollcl Icontlnugdl 1.6 Fixod ass•t Investments Fixed asset inveslmenls are iniknalty measured at transaction pri exduding transacli¢)n costs, and are subsaquenlly me8$ured at fair vue at èach reporting date. Changes in fair value are recognised in net ino)mel{expenditure} for the ye. Tran6aCtlon costs are expgnsed as incurred. Fasr value on fixed asset investments is measured a5 at the balance sheet date as foltOW8.' Listed $ewritie$ al m8rf(et Value; Listed securities held in torelgn currendes at mid marf(et value and translated Into their sterllng equivalerrt 81 the accounting date., Governmènt Securit$ at mid mark8t value and do not IrKlude intere8t accrued. Unreaiised gains and losses are induded on the Statement of flnancial activities. 1.7 fAsh and Cash equfvalents Cash and cash equlvalents iude cash in hand. deposits held at ¢all with banks, other 3hort-lem liquld investments with original maturities of three months or18ss. and bank overdrafts. Bank overdrafts are shown swthln borrowings in current liakn'lrties. Basic finan¢l•l assots Baslc financial assets, which indud& debtors and cash and bank balances. aTe inltlally measured at transaction price inclu¢Jing transaction sts and are subgequentty Carried at amortised cost using the effective intergst method vnless Ihe 8rrangem8nt constitutes a finan¢ing transaction, where the transaction 18 measured al the present value of the future receipts discountad at a market Tate of interest Financlal assets classified as receivablo wrthin cfie year are not amorbsed. Bask fln•ncial Ilabilitios Basic financi81 liabilities, Induding creditors and bank108ns are inibally reccJnlsed ot transadon price unless the arrangement consts"ILrtes a financing transaction, where the debt instrument is measured at the present value of th& firture payments discounted at a market rale ol Interesl. Financial liabilitie$ classified as payablo within one year are not amortised. Debt instruments are SLAbsequenlly carried at amortlsed cost, U6ing the effective interest rate method. Trade ¢xeditor8 aro obligations to pay for goods or services that have been aTTed in Iha ordinary courso of Opgralions from suppliers. Amunts payable are dassifjed as current liabilities rf payment is due within one year or less. If not, tty are presented as non<urrenl Ilabilib"es. Trade creditors are Te¢ognised initialty al tranSactn price and subsequentty measured at amorti$8d cost using the effectNe interest method. Derfjcognltlon of flnancial Ilabilities Financial liabilities are derecognised wh9n thg Charity's contractual ¢)bllgations expire or are discharged or c4neA8lled.
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Inv•8trnents Unr•8trlctod Unrestricted funds funds genernl gener 2023 2022 Income from listed investments Interest receivable 116,092 1,179 108,994 1.321 117,271 110,315 Ralslng funds Unr•strlcted fund$ capital 2023 Tot 2022 Investment managoment 25.418 26.821 25,416 26,821 Charltablo aCtivltie8 Charftable Charltab Expendlture Expenditur• Gov•rnanco Grants Total 2023 Total 2022 Grant funding of activities {see note 5) S17are of govemance co8ts1$80 note 81 110,740 14.877 110.740 14,877 96.868 14,276 14.877 110,740 125,617 111,144 An813 by fund Unrestricted funds- revenue Unrestricted fuTrYs- capital 4,597 10.280 110,740 115.337 10,280 14,877 110,740 125,617 For the Year ended 31 Doc•mb•r 2022 Unrestricaed funds- revenue Unrestricted fund8 - Pital 4,555 9.721 96,868 101.423 9,721 14.276 96,868 111,144 10-
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Grnnts payable 2023 2022 Grants to instituliLTh'. Omega Kingswood Trust Carv811 Nurse8 Tt st Joseph's Hospice ltshire Bobby Van Trust Frlends Of Zichron Dovid North Norfolk Communfjty Tran8POrt Revrtalise Deaf Blind UK Sl Nicholas Hospice Care Rural Coffee Caravan Itshire Communlty Foundation Cruse Bereavement SupFrf)rt Home From Hospitsl Care Time to Talk Befriending Norfolk & Suffolk NHS Foundation Care For Veterans st MiGhael's HospKe Age UK D8corum Rosebory Centre Arts Together Welcome To Our Future Sherborne Voluntary Ambulance Suffolk Communty Foundation Orc4)eslra Of The Sw8n Our Spocial Friends Livèrpwl Round Table 8 bolton Round Table Fri8nd5 Of The Elderly ReminiscenGe Leamiry look Care Newmarket Day Centre Lindgngate Dolphin Society- Cancelled Prior Year Dolphin Sotlety Sl John$ Hospi 5,000 1.510 5.000 2,000 5.000 3.830 3.000 2.500 2,825 7.500 7.000 2,000 2,000 3.000 2,500 2,000 3.000 2.025 1.000 5.000 1,300 10,000 7,000 3,000 2.000 11,250 7.500 5.000 1,000 15,000 10,000 1,000 2.000 11.250 7,500 3,000 1,000 5.118 1 S,000 15,000 15,000) 5,000 5,000 110,740 98,888
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Support costs Support Governante ¢osts costs 2023Support costs Govemance ¢08ts 2022 Audit fees Accountancy 675 14.202 675 14,202 1,370 12,906 1,370 12,906 14.877 14.87T 14,276 14,276 Analysed bgtsveen Chaiilable activilie$ 14,877 14.877 14.276 14,276 Tntstees None of the Trustee8 (of any p8rsons cJ)nnected wth th8m) receiverj any remuner*ion or benefits from the Charity durTng the Year. Employe Ther8 were no employees during Ihg Year. N•t galnsl(Ios8esI on Inv•stsMnts Unrestri¢tsd un$tricted funds ftJnd5 capltal capitsl 2023 2022 Rov8tiOn of investments G81nl{103sl on sale of investments 41,225 23,099 135Q.4591 <36.918) 84,324 (387,377) 12-
FLORENCE COHEN CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 10 Flxed asset Invostments Lbtsd Inv8stmgnts Cost or valuallon Al 1 January 2023 Additions Valualitin ehanges ProfiVlloss} on sales Dispo8a15 3,441,640 1,045,749 41,225 23,099 {1,031,994) At 31 December 2023 3,519,719 Cirying amount At 31 December 2023 3,519,719 At 31 December 2022 3,441,640 11 Cr•dltors: amounts falling due wlthln one year 2023 2022 H M Revenue & Customs Unpre8ented Charftable Payments A¢¢rual$ and deferred income 470 470 5.118 6,986 6.767 7,237 12,574 12 Analysls of n•t ass8ts belween funds Unrnstrlcted Unrestrfct•d lund5 revenue funds capSts1 2023 2023 Total Total 2023 2022 Fund balances at 31 D¢mber 2023 are represented by.. Investmonts Current assetsllliabililresl 3,519.719 3,519,719 3,441.640 48,0 49,994 97,511 1,934 1,934 3,567,779 3,569,713 3,539,151 13 Relat•d party transactions Ttrere were no disdo$able related paty tr8n8action5 during the Year {2022- nong). 13-