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|Henry Terefe|Henry Terefe|nko.||||
|---|---|---|---|---|---|
|Professional||advisers:||||
|Independent||examiner|Peter Taaffe FCA|CTA|DChA|
||||BWM Chartered
Accountants|||
||||Suite 5.1, 12Tithebarn||Street,|
||||Liverpool,
L2 2DT|||
|Investment|managers||Tilney Investment|Management,||
||||Royal Liver Building,|||
||||Pier Head,|||
||||Liverpool,
L3 1NY|||
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|||||Year to 5~ A|ril 2021|Year to|
|---|---|---|---|---|---|---|
|||||Unrestricted|Total|5ih April 2020|
|||||Funds|Funds|Total|
||||Notes|9|6|6|
|Income from:
Investments|||3|146,199|146,199|195,126|
|Total income||||146,199|146,199|195,126|
|Expenditure
on:|||||||
|Raising funds
Charitable
activities|||4
5|10,233
181,188|10,233
181,168|11,060
145,582|
|Total expenditure||||191,401|191,401|156,642|
|Net (expenditure)/income||and net||(45,202)|(45,202)|38,484|
|movement
in funds before gains/(losses)|||||||
|on investments
Net gains/(losses)|on investment||6|1,003,974|1,003,974|(734,878)|
|Net movement
in|funds|||958,772|958,772|(696,394)|
|Reconciliation of funds:
Total funds brought forward||||4,118,995|4,118,995|4,815,389|
|Total unrestricted|funds carried forward||11,12|5,077,767|5,077,767|4,118,995|
##
|||||At||At||
|---|---|---|---|---|---|---|---|
||||Notes|5m April
E|2021
E|5m April
6|2020|
|Fixed assets||||||||
|Investments|||||4,851,823||3,788,622|
|Current assets
Debtors
Cash at bank and||in hand|7
8|1,093
227,469||2,247
330,696||
|||||228,562||332,943||
|Current
liabilities||||||||
|Creditors|||9|(2,618)||(2,570)||
||||||225,944||330,373|
|Net assets|||||5,077,767||4,118,995|
|The funds ofthe||charity:|||6|||
|Unrestricted|Funds||11,12||5,077,767||4,118,995|
||||||5,077,767||4118995|
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|INCOME F|ROM:|||||
|---|---|---|---|---|---|
|||||Total|Total|
||||Unrestricted|Unrestricted|Unrestricted|
||||Funds|2021|2020|
||||6|6|F|
|Investments||||||
|Income arising from stocks & shares
Sank interest|||146,199|146,199|194,582
544|
||||146,199|146,199|195,126|
|In 2020 all|income was|unrestricted.||||
|EXPENDITURE ON: RAISING FUNDS||||||
|||||Total|Total|
||||Unrestricted|Unrestricted|Unrestricted|
||||Funds|2021|2020|
|Investment|management|fees|F10,233|610,233|611,060|
##
##
||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Unrestricted|Unrestricted|
|||||||Funds|2021|2020|
||||||||6|6|
|Direct charitable
activities:
Grant funding
Grant making
administration||||costs-|LCVS|169,300
9,250|169,300
9,250|136,750
6,250|
|||||||178,550|178,550|143,000|
|Support and governance
costs:
Accounts
preparation
—LCVS
Administration
- LCVS
Examination
fee||||||500
750
1,368|500
750
1,366|500
750
1,332|
|||||||2,618|2,618|2,582|
|||||||181,168|181,168|145,582|
|The following
grants were made during
t|The following
grants were made during
t|The following
grants were made during
t|he ye|ar:|||
|---|---|---|---|---|---|---|
|Grants to organisations
of61,000and
Age Concern
Liverpool
Age UK Kensington
and Chelsea
Alzheimer's
Research
UK|||over|||1,450
2,500
5,000|
|Alzheimer's
Society
Asylum
Link Merseyside
Autism Together
Birkenhead
YMCA||||||4,000
2,000
1,000
1,450|
|Birkenhead
Youth Club||||||1,000|
|British Red Cross||||||8,200|
|Centre Point
Claire House
Coram Beanstalk
CPRE
Croxteth Gems Community
Farms for City Children
Florence Institute
Trust
Fortune Centre||Assocaition||||2,000
2,700
3,000
2,000
3,000
2,000
1,000
1,000|
|Involve
North West
Kids' Cookery School||||||3,000
2,000|
|||||||48,300|
|These unaudited
financial statements||have been subjected||to independent|examination.|See report on page 6.|
||||12||||
##
|OTES TO THE ACCOUNTS|F|OR THE YEAR ENDED
AP|
RIL 2021
CONTINUE|
|---|---|---|---|
||||f|
|Grants continued.
.......|||48,300|
|KIND|||3,000|
|L'Arche|||2,700|
|Liverpool
Charity
and Voluntary||Services (LCVS)|1,200|
|Liverpool
Community
Advice
Liverpool Dyslexia Association|||3,000
4,000|
|Liverpool Homeless
Football|Club||1,000|
|Medicins Sans Frontieres|||5,000|
|Medical Aid for Palestinians|||4,000|
|Mersey Region Epliepsy Association
Merseyside
Holiday Service|||1,000
7,000|
|Merseyside
Play Action Council|||1,000|
|Merseyside
Youth Association
Micah Liverpool|||1,000
3,000|
|Neston
Nomad
Football Club|||1,200|
|North
Liverpool Foodbank|||3,000|
|Opening
Doors Project|||2,000|
|Oxfam|||1,200|
|Oxfordshire
Dyslexsia Association|||2,000|
|Personal
Support
Unit Liverpool
Prisoners'
Education
Trust|||4,000
2,000|
|Prostate Cancer Research Centre|||1,200|
|PSS|||8,150|
|Relate|||1,000|
|Royal Liverpool
Philharmonic
Salvation
Army|Society||2,900
1,450|
|Samaritans
Liverpool
and Merseyside|||1,000|
|Shrewsbury
House|||1,450|
|South Liverpool Food Bank|||5,000|
|St Andrews
(North Liverpool|Foodbank)||2,000|
|St Gregory's
Foundation|||2,000|
|StJohn's Hospice|||2,950|
|Sue Ryder Home|||2,000|
|The Urology Foundation
The Whitechapel
Centre|||1,200
3,000|
|Trussell Trust|||5,000|
|Unicef|||3,000|
|West Everton
Community
Council|||2,000|
|Wirral Brook Advisory
Centre|||3,000|
|Wirral Churches'
Ark Project|||3,000|
|Wirral Citizens' Advice Bureau|||3,000|
|Wirral Foodbank|||5,000|
|Wirral
Me neap
Wirral Women and Children's|Aid||1,000
1,450|
|Wirral Youth Zone|||1,000|
|Total Grants|||163,350|
##
##
||||||f|
|---|---|---|---|---|---|
|Grants continued.
.... ...|||||163,350|
|World Animal
Protection|||||2,000|
|YMCA Liverpool
Young Persons Advisory|Service||||2,000
1,000|
||||||168,350|
|Other grants|||||950|
||||||f169,300|
|6.
FIXEDASSET INVESTMENTS||||||
|||||2021f|2020|
|Quoted Investments:||||||
|Fair value at 6~ April||||3,788,622|4,599,480|
|Disposal proceeds
Acquisitions
at cost
Realised gains on investment
Unrealised
gains/(losses)
on||assets
investment|assets|(276)
59,503
1,669
1,002,305|(401,885)
325,905
17,618
(752,496)|
|Market value at 5e April||||4,851,823|3,788,622|
|Book value at 5th April||||2,667,693|2,606,797|
##
||DEBTORS|||
|---|---|---|---|
|||2021f|2020f|
||Income tax recoverable|397|1,546|
||Accrued income|696|701|
|||1,093|2,247|
|8.|CASH AT BANK AND IN HAND|||
|||2021|2020f|
||Tilney —capital
Tilney —income
LCVS|19,396
7,925
200,148|78,623
11,112
240,961|
|||227,469|330,696|
|9.|CREDITORS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021
f.|2020f|
||Accounts
preparation
and
Independent
examination|||administration
fee|||—LCVS||1,250
1,368|1,250
1,320|
||||||||||2,618|2,570|
|10.|FINANCIAL|INSTRUMENTS|||||||||
||||||||||2021
F|2020f|
||Carrying
amount
offinancial
Debt instruments
measured||||assets:
at cost||||228,562|332,943|
||Equity
instruments
measured
income and expenditure|||||at fair|value
through
4,851,823|||3,788,622|
||Carrying
amount
of
Measured
at cost||financial||liabilities:||||2,618|2,570|
||ANALYSIS OF NET||ASSETS|||BETWEEN FUNDS|||||
|||||||Fixed|Asset|Current|Current|Total|
|||||||Investments
f.||Assetsf|Liabilities|2021f|
||Unrestricted|Funds:|||||||||
||Capital Fund
Income Fund|||||4,851,823||19,396
209,166|(-)
(2,618)|4,871,219
206,548|
|||||||4,851,823||228,562|(2,618)|5,077,767|
||2020||||||||||
|||||||Fixed|Asset|Current|Current|Total|
|||||||Investmentsf||Assetsf|Liabilitiesf|2020|
||Unrestricted|Funds:|||||||||
||Capital Fund
Income Fund|||||3,788,622||78,623
254,320|(-)
(2,570)|3,867,245
251,750|
|||||||3,788,622||332,943|(2,570)|4,118,995|
##
##
|2021|||||||
|---|---|---|---|---|---|---|
|||at|Resources
beginning|Surplus/
(Deficit)|Net gains on
investment|Resources
at end|
||||ofyear
F|for year|assetsf|ofyearf|
|Capital|Fund||3,867,245|(-)|1,003,974|4,871,219|
|Income|Fund||251,750|(45,202)||206,548|
||||4,118,995|(45,202)|1,003,974|5,077,767|
|2020|||||||
|---|---|---|---|---|---|---|
|||at|Resources
beginning|Surplus/
(Deficit)|Net losses on
investment|Resources
at end|
||||ofyear
E|for yearf|assetsf|ofyear
F|
|Capital|Fund||4,602,267|(144)|(734,876)|3,867,245|
|Income|Fund||213,122|38,628||251,750|
||||4,815,389|38,484|(734,878)|4,118,995|
##