CLARKE'S & MARSHALL'S CHARITIES
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
ST
31 MARCH 2024
Percy Westhead & Company
Chartered Accountants
And Statutory Auditors
Hanover House
30-32 Charlotte Street
Man¢hester
M14FD

CLARKE'S & MARSHALL'S CHARITIES
CONTENTS
PAGE
Officers and Professional Advisers
Trustees, Report
Auditor's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Slalements
10-15
The following pages do not fonn part of the Accounts...
Investment Schedule
16-20

CLARKE'S AND MARSHALL'S CHARITIES
OFFICERS AND PROFESSIONAL ADVISERS
Founded by:
George Marshall
George Clarke
Trustees acting during the year ended 31•1 March 2024
Peler Richard Higham {Chairman)
Charles David Oakes
Alfred Henry Marinus Stone
Roderick Michael Withinshaw (Hon. Treasurer)
Giles Hugh Joynson Gaddum
Peter Anthony Nicholas Somekh
Kathryn Ann Graham (Hon. Secretary)
James Chrislian Patrick Bailey
John George McDakin Simpson
Kale Victoria Lawlor
Jeremy Charles Steele
1624
1636
Address:
2 Brindle Heights
Brindle
Chorley
Lancashire
PR6 8YA
Bankers:
Virgin Money
6 Bridge Streèt
St Helens
WA10 1NF
Investment Managers:
Rathbones Incorporating Investec Wealth and Investment (UK)
2 Floor
3 Hardman Street
Spinningfields
Manchester, M3 3HF
Auditor:
Percy Westhead & Company
Chartered Accounlants and Statutory Auditors
Hanover House
30-32 Charlotte Street
Manchester, M14FD
Charitable Ststus:
Registered Charity Number 220728

CLARKE'S AND MARSHALL'S CHARITIES
TRUSTEES, REPORT FOR THE YEAR ENDED 3181 MARCH 2024
Constitution
The Charities were founded by George Marshall and George Clarke in 1624 and 1636 respectively. A renewed
Trust Deed was effected on 301h March 1932 and the Charities are registered with the Charity Commission,
Number 220728. As the Charities have common trustees and objectives, the Charity Commission has
directed that they be treated and adminislered as a single Charity. The Charities, address is shown on page 1.
Objectives and activities for the public beneftt
The purpose of the Charities is the support of the needy in the Manchester area through making grants to
appropriate individuals and institutions. The Trustees confirm that Ihey have referred lo the Charity
Commission's guidance on public benefit when reviewing the Charities, aims and objectives, in planning future
activities, and setting the grant making policy for the year.
As in previous years the Charities further their charitable purposes by managing and receiving income from
their Investments and other Assets and, from the income, making an annual contribution lo the Manchester
Relief in Need Charity in accordance with the Charity Commission Scheme dated 18 November 1974.
Trustees and Organlsation
The Trustees determine the general direction and policies of the Charities at annu81 meetings. These policies
are implemented on a day to day basis by the chairman, the treasurer and the secretary, in conjunction with the
investment advisers and discussion with the other Trustees as appropriate. Delails of the Trustees acling during
the period are shown on page 1. New Trustees may be appointed by the current Trustees.
Flnances and Activlty
Details of the result5 and the Charities, slate of affairs are shown on pages 8 and 9 of the Accounls. The
Trustees consider these lo be satisfactory and consider that the Gharities have adequate resources to enable
them to continue to meet their objectives.
Income Fund
Investment and other income increased compared to the previous period and amounted to £73,997 (2023..
£69,619). In furtherance of their objectives, the Charities made a contribution of £57,500 to the Manchester
Relief in Need Charity {2023'. £57,500) which greatly assisted Ihat Charity in carrying out its work. At the year-
end there was a surplus of income, and after taking into account unrealised losses arising from the revaluation
of investments, the accumulated balance on Income Fund increased from £183,696 to £194,820. Of this
balance, the sum of £73.001 represenls unrealised gains on the revaluation of investments (2023.. £74,534)-
Capital Fund
Investment management costs increased in the year to £9,340 {2023'. £6,501), there were realised losses on
disposal of £558 in the year and unrealised losses on revaluation were £13,054. As a result of this, the balance
on Capital Fund at 31 st March 2024 decreased to £1,317.402 {2023'. £1,340,353) Of Ihis bal8n¢e, the sum of
£592,389 represents unrealised gains on the revaluation of investmenls {2023.- £630,365).

CLARKE'S AND MARSHALL'S CHARITIES
ST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 {Continued)
Investments
Investment Policy
Under the terms of the Charities, constitution, the Trustees have unrestricted powers of investment. In
exercising these powers, the Trustees seek to achieve a balanced return to produce income to meet the
annual contribution lo the Manchester Relief in Need Charity, whilsl at the same time achieving long temi
capital growth to maintain the real value of the underlying funds. The investment portfolio returned a positive
performance for the twelve months to March. Global equity indices rallied over the period with fixed income
continuing to underperform cash. Global growth turned out lo be more resilient than anticipated, especially in
the United States. The much-discussed US recession did not materialise in 2023 and appears not to be
happening in 2024. Both the UK and Germany have suffered consecutive quarters of shrinking GDP, thus
entering technical recessions, however the downturns in both countries have been marginal. Moving forward
inflation will be a key determinant of short-temi outcomes for the economy and the market, it will define central
bank policy. We believe that central banks remain alert to the risk of additional inflation but they are hinting
that they will support economic slability if a choice has to be made. We continue to maintain a qualty bias in
our inveslments, especially in terms of balance sheet strength and a¢￿S to liquidity.
Transactlons
There have been a number of investment changes during the period as detailed on the investment schedule,
with a net decrease in monies invested of £2,963. The Charities have continued to retain some liquid funds to
enable Ihem to take advantage of possible investment opportunities. The total value of investments at 3181
March 2024 was £1,441,311 {2023.' £1.459.419). Details regarding investments are shown in Note 7 to the
Accounls and in the detailed investment schedule on pages 16 to 20.
Reserves Pollcy
Income Fund
As indicated in the notes to the accounts, the Charities, policy is to distribute the clear yearly income to the
Manchester Relief in Need Charity. A5 a result of events in previous years, a balance has been accumulatsd
on Income Fund and this is gradually being utilised to increase the annual payments to the above mentioned
Charity.
Capital Fund
It is the policy of the Charities to retsin this Fund and the underlying investments, in order to provide a
ontinuing source of income to enable the objective of making annual payments as outlined above to be
continued in the future.
Rlsk Management
The Trustees review the major risks that the Charities face on a regular basis. The Trustees are satisfied that
such risks are understo¢xl and systems are in place to ensure Ihal these will not affect the Charities, ability to
continue their activities in the future.
Trustees Responslbllities
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordan
with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102..
The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally
Accepted Accounting Practi￿).

CLARKE'S AND MARSHALL'S CHARITIES
TRUSTEES, REPORT FOR THE YEAR ENDED 318T MARCH 2024 (Contlnued)
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial year which give a Irue and fair view of the state of affairs of the Charities and of the incoming
resour¢es and application of resources of the Charities for that period. In preparing these financial statements,
the Trustees are required to=
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgments and estimates that are reasonable and prudent.
state whether applicable accounting slandards have been followed, subject to any material departures
disclosed and explained in the financial statements-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the Charities will continue in business.
The Truslees are responsible for keeping proper accounting records thal disclose with reasonable accuracy
at any time the financial position of the Charities and enable them to ensure that Ihe financial slalemenls
comply with the Charities Act 2011, the Charity {Accounts and Reports) Regulations 2008 and the provisions
of the trust deed. They are also responsible for safeguarding the assels of the Charities and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees and signed on their behaW.
K. A. Graham (Hon Secretary)
Date

CLARKE'S AND MARSHALL'S CHARITIES
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE CLARKE'S AND MARSHALL'S
CHARITIES
Opinion
We have audited the financial statements of Clarke's and Marshall's Charities (the °Charities') for the year
ended 31. March 2024 which ¢omprise the Statement of Financial Activities, the Balance Sheet and notes to
the financial statements, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their préparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the
UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statemenls..
give a true and fair view of the state of the Charities, affairs as at 31d March 2024 and of its income
and expenditure for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practi￿.
have been prepared in accordance with the requirements of the Charities Act 2011.
Basls for oplnlon
We conducled our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Audito¢s responsibilities
for the audTrt of the financial slalements section of our report. We are independent of the Charities in
accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK.
including the FRC'S Ethical Slandard, and the provisions available for small entities, and we have fulfilled our
other ethical responsibililies in accordance with these requirements. We believe that the audit evidence we
have obtained is sufficient and appropriale to provide a basis for our opinion.
Conclusions relatlng to golng concern
In audlting the financial statemenls, we have concluded that the trustees, use of the going con￿rn basi5 of
accounting in the preparation of the financial slalemenls is appropriate.
Based on the work we have perfomied, we have not identified any material uncertainties relaling to events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a
going concem for a period of at least twelve months from when the financial statements are authorised for
issue.
Our responsibilities and the responsibilities of the trustees with respect to going COn￿M are described in the
relevant sections of this report.
other Infomiation
The other information comprises the information included in the trustees, annual report, other than the financial
statements and our auditorfs report thereon. The truslees are responsible for the other information. Our
opinion on the financial statements does not cover the other information and we do not express any form of
assurance conclusion thereon.

CLARKE'S AND MARSHALL'S CHARITIES
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE CLARKE'S AND MARSHALL'S
CHARITIES {Continuedl
Our responsibility is to read the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required lo determine whether this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have perfomied, we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities {Accounts and
Reports) Regulations 2008 require us to report to you if, in our opinion:
the information given in the trustees, report is inconsistent in any material respect with the financial
statements., or
sufficient accounting records have not been kept-
the financial statements are not in agreement with the accounting records and returns.. or
we have not obtained all the information and explanations necessary for the purposes of our audit.
Responsibilities of the trustees
As explained more fully in the trustees. responsibilities statemenl, the trustees are responsible for the
preparation of the financial statemenls and for being satisfied that they give a true and fair view, and for Such
internal control as they determine is necessary to enable the preparation of financial statements that are free
from material misslatement, whether due to fraud or error.
In preparing the financial slatements, the trustees are responsible for assessing the Charities, ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the going
con￿rn basis of accounting unless the trustees either intend to liquidate the Charities or to cease operations.
or have no realistic alternative but to do so.
Our responsibilities forthe audit of the financlal statements
We have been appointed as auditor under section 145 of the Charities Ad 2011 and report in accordance with
the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an auditols report that includes our
opinion. Reasonable assurance is a high level of assuran￿, but is not a guarantee that an audit conducted in
accordance with ISAS {UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance wtth laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detecl material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below..

CLARKE'S AND MARSHALL'S CHARITIES
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE CLARKE'S AND MARSHALL'S
CHARITIES (Continued)
We identified areas of laws and regulations, relevantlo charities of this size, that could reasonably be expected
to have a material effect on the financial statements from discussions with the trustees and key personn81.
We communicated identified laws and regulations to our audit team and remained alert to any indications of
non-compliance with laws and regulations.
The Charities are subject to laws and regulations that directly affect the financial statements including financial
reporting legislation and taxation legislation. We assessed the extent of compliance with these laws and
regulations as part of our procedure5 on the relaled financial Statement item5.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected som6
material misstatements in the financial statements, as these may for example involve fraud or override of
internal controls and we are not responsible for preventing non-compliance.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at: Iwww.frc.org.uklauditorsresponsibilitiesl. This descriptson forms part of our
auditorfs report.
Use of our report
This report is made solety to the Charities, trustees, as a body, in accordan￿ Part 4 of the Charities (Accounls
and Reports) Regulations 2008. Our audtt work has been undertaken so that we might stste to the Charities,
trL*slee5 those matters we are required to slate to them in an auditor's report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charities,
trustees as a body, for our audit work. for this report, or for the opinions we have formed.
Percy Westhead & Company
Chartered Accountants and Ststutory Auditors
Hanover House
30-32 Charlotte Street
Manchester
M14FD
Date.. 11 I l. lolY-
Percy Westhead & Company is eligible for appointrnent as auditor of the charity by virtue of its eligibility for
appointment as auditor of a company under section 1212 of the Companies Act 2006.

CLARKE'S AND MARSHALL'S CHARITIES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31ST MARCH 2024
Income
Fund
2024
Capital
Fund
2024
Total
Funds
2024
Total
Funds
2023
Notes
INCOME AND ENDOWMENTS
Investment incorne
73,9%.99
73,996.99
69,619
TOTAL INCOME
73,996.99
73,996.99
69,619
EXPENDITURE
Costs of ralslng funds
Investment management costs
9,339.87
9,339.87
6,501
Expenditure on charitable activities
Grant making
61,340.00
61,340.00
61,220
TOTAL EXPENDITURE
61,340.00
9,339.87
70,679.87
67,721
NET INCOMEIIEXPENDITUREI BEFORE
GAINS AND LOSSES ON
INVESTMENTS
12,656.99
19,339_871
3,317.12
1,898
GAINSILOSSES ON INVESTMENTS
Realised gainslllossesl on investments
Unrealised gainslllossesl on investments
1558.141
113,053.521
{558.14}
114,586.52)
14371
1144,526}
{1,533.001
NET MOVEMENT IN FUNDS
11,123.99
122.951.53}
{11,827.541
1143,(E5)
R¢conciliation of Funds
Fund Balan￿5 brought forward
183,695.79
1,340,353.36
1.524.049.15
1,667,114
FUND BALANCES CARRIED FORWARD 10
£194,819,78 £1,317,401.83 £1.512,221.61
£1,524,049
The notes on pages 10 to 15 form part of these Accounts.

CLARKE'S AND MARSHALL'S CHARITIES
BALANCE SHEET AS AT 31ST MARCH 2024
Income
Fund
2024
Capital
Fund
2024
Total
Funds
2024
Total
Funds
023
NotOS
FIXED ASSETS
Investments
82,429 00
1,358,882.00
1,441,311.00
1,459,419
Totsl Fixed Assets
82.429.00
1,358,882.00
1,441,311 00
1,459,419
CURRENT ASSETS
Debtors
Cash at bank and in hand
11,583.42
104,647.36
11,$83.42
63,167.19
677
67,673
141.480.171
Totsl Current Assets
116.230.78
141.480.171
74,750.61
68,350
LIABILITIES
Creditors falling due wrthin one year
3,840.00
3,840.00
3,720
NET CURRENT ASSETS
112,390.78
141.480.171
70,910.61
64,630
NET ASSETS
£194,819 78 £1,317,401 83 £1,512,221.61
£1,524,049
THE FUNDS OF THE CHARITIES
Capital Funds
General capital fund
Revaluation capital fund
Unrestricted Income Funds
General income fund
Revaluation income fund
725.012.78
592.389 05
725,012 78
592,389.05
709.988
630,365
121.818.70
73,001.08
121,818.70
73.001.08
109,162
74,534
TOTAL CHARITIES FUNDS
£194.819 78 £1,317,40183 £1,512,221.61
£1,524,049
The financial statements on pages 8 10 15 wefe approved by the Trustees and signed on their
behalf by the undermenlioned Trustees on
5t I
P. R. Higham ICh8irmanl
R. M. Wf(hinshaw iron Treasurer)
K. A. Graham IHon. Secretary)
The notes on pages 10 10 15 fom part of these Accounts.

CLARKE'S AND MARSHALL'S CHARITIES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
1 ACCOUNTING POLICIES
lal Basis of A¢¢ounting
The financial st*ements have been prepared undèr the historical cost convention with items ￿COgniSed al cosl or
transaction value unles$ othe￿iSe st81ed in the relevant notelsl to these accounts. The finanaal staternerils have been
p￿pared in a¢cordance with thè Staternenl of Recornmended Practice.. Accounting and Reporting by Charities
preparing their accoLsnls in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Irèland IFRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingijom and
Republic of Ireland IFRS 1021 and the Charities Act 2011.
The charities constitute a public benefit entity as defined by FRS 102.
The Iruslees consider that there are no material uncertainties about the Charities, ability to continue as a going
con¢em. With respèct to the next reporting per¥od. 2024-25, the most significant areas of uncertainty Ihal affect thè
carying value of assets held by the Trust are the level of investment return and the perfomance of investment markets
Ise& the investment policy and perfomiance and risk management section5 Of the Iruslees, 8nnual report for more
informalionl.
Ibl Fund Aeeounting
The Capital Fund is an expendable endowment fund. The in¢ome from this fund is unreslrided and available lor use al
the discretion of the Trustees in furtherance of the 96neral objectives of the Charities.
Unrestricted income funds cornprise those funds whi¢h the trustees are free to uso for any purpose in furtherance of
the chaiilable objec15. Unrèstricted funds include de3ignaled funds where the trustees, al their discretion, have created
a fund for a specific purpose.
1¢) Flxod Asset Investments
Investments are a fomi of basic financial insliumÈnt and are initially recognised at their transaction value and
subsequently measured at thèir lair value as at the balanc￿ sheet dale using the closing qvoted market pricé. The
3talement of fin8n¢ial aclivilie5 indudes the nel gains and losses arising on revaluation and disposals throughout thg
year.
The Charities do not acquiw put options, derivatives OT other complex financial instruments.
All gains and losses 8ie takon to the Slalement of Financial Aclivilies as they arlse. Realised gain5 and losses on
investments are ealculated as the difference belween sales proceeds and their opaning carying value or their pur¢hase
value if a¢quired subsequent to the first day of the financial year. Unrealised gain5 and losses are c8l¢ulated as the
difference between the faiT value at the year end and their carrying value.
Idl Investment Income and Int•r&st Receiv¥bl•
Income from investments is recognis8d in the Acix)unts at the dale when it becomes payable. This policy represents a
departUTe from recommènded accounting princAples which require income to be recognised in the accounts on an
a¢cruals basis. In the circurnslances ol these Charities, the Ttuslees consider if inappropriats lo recognise this in¢ome
until the datè when this is due to be received. Following the abolition of Advance Corporation Tax and in accordance
with recommènded accourtb.ng practice, dividends from UK Companies and Unit Trusts are stated net. Other
investmènt income is stated gross. Income from Chief and Ground Rents and bank interest receivable 1$ accounted for
on the accruals basis and is $18ted gross.
10-

CLARKE'S AND hlARSHALL'S CHARITIES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
(•) Expendituyg r•¢ognition
Liabiif(les are recognised as expenditure as soon as there is a legal or constructive obligation cornmitting the ¢tharilies
lo that expenditure, il is probable that settlement wlll be required and the amount of ihe obligation can be measured
r•liably.
All expenditure is aceounled tor on an accruals basis. All expenses including support costs and governanee ￿$15 are
allocated or 8PPOrtioned to the applicable expènditure headings. For mofe information on thi8 attribution refer to note
(gl below.
ID Allocatlon of support and governance costs
Support costs have been allocated lo other support ¢osts. Governance ¢osls cornprise all costs involving the public
accountability of the charities and their compliance with regulation and good practice. These costs include costs related
to slalutory audit together with an apportionment of ovèrhead and support ￿Sts.
Govemance costs support costs relating to charitable activities havo been apportioned based on the number of
individual grant awards mada in recognition that the administrative ¢08ts of awarding. monitoring and assessing grants
are broadly equivalent. The allocation of support and govemance costs is anatysed in note 5.
Igl Costs of raising funds
The costs of geneTab'ng fvnds consist of in￿StMent managemgnl ￿$ts and any legal fees.
Ihl Charftabl8 a¢tivitits
Costs of charitable actlvities indude grants made, govemance ¢osts and an apportionment of support wsls as shown
2. TRUSTEES, FEES
The trusteas all give freely thèir lime and expertise without any form of rernuneration or other benefit in cash or kind12023'.
£nil}. No expenses hav8 been paid to thè trustees in the year12023'. £nill.
3 INVESTMENT INCOME
2023
Income from investrnents
Interest on cash d6posIIs
Chief and Ground Rents receivable
73.110.32
712.17
174.50
69,313
132
174
73.996.99
69,619
11

CLARKE'S AND MARSHALL'S CHARITIES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
4 INVESTMENT MANAGEMENT COSTS
2024
2023
Inveslrnenl managemént fees
9.339 87
6.501
9,339.87
6.501
In 2024, 811 £9,339.8712023.' £6,501) of investrnent management costs were attributable to Capital funds
ALLOCATION OF GOVERNANCE AND SUPPORT COSTS
The breakdown of support C0515 and governancè cos15 are shown below. Apportionment is solely to grant making
expenditure as the sole activity.
2024
023
Support costs
Bank charges
2024
2023
Govèmance co¥ts:
Auditorfs remuneration
3,840.00
3,720
3.840.0
3.720
2024
2023
Allocation of governanc8 and othor support Costs:
Grant rnaking
3,840.00
3,720
3,840.00
3,720
The trustees have decided lo meet all g0Veman￿ costs from unrestricted funds and so no alloc81ion or charge is made to
restricted funds for any goveman¢e related costs.
The auditorfs ramunaration constitultrd an audit fee of £3,84012023'. £3,720).
12-

CLARKE'S AND MARSHALL'S CHARITIES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST klARCH 2024
ANALYSIS OF CHARITABLE EXPENDITURE
The charities undertake their charitable activities through grant making and awarded grants in furtherance of their charitable
activities.
Support and
Grnntfunded governan¢o
tivi
Total
202
Total
Funded from unrestricted funds..
Grant making
S7,SOJ.00
3,840.00
61,340.00
61,220
Totsl
57.500.00
3,840.00
61,340.00
61,220
Recipients of In$tltytional grants:
The Lord Mayoi's Charities were merged with other eharities in 1974 to fomi the Manchester Relièf in Need Chafity. Al the
meeting of the Trustees of the Clarke's and Marshall's Charitiès on 23rcS July, 1974, il was resolved that the clear yearty
income of the charities be paid for the lime being to the Manchester Relief in Need Charity.
Amount of
Contributlon
ar of accoun
201712018
201812019
201912020
2020r2021
202112022
202212023
202312024
55,000
55,000
55,000
55,000
55.000
57,500
57,500
7. FIXED ASSET INVESTMENTS
In¢ome
Fund
Capitsl
Fund
202
Total
Fund¥
2024
Total
2023
Movement In fix•d a$$et invesbnants
Valuation at start of year
Additions al cost
Disposals- prO￿edS
Investment gainsllosses-
Realised
Unrealised
Valuation at end of year
83,962.00 1,375,457.00
56.213.25
159,176.59}
1,459.419.00
56,213.25
159,17fj.591
1,593.440
78.761
165,8191
{558.141
13,053 52
1,358,882.00
{558.141
14,586.52
1.441,311.00
{43n
144,526
1,459419
1.533.00
82,429.DO
HlstOTical Cost
Revaluation Rosorve
9,427.92
73,001.08
82,429.00
766,492.95
592,389.05
1358.882.00
775.920.87
665,390.13
1,441.311.00
754,520
704,899
1,459.419
Investments atfalr value comprls8d'.
Investments
Chief and Ground Rents
82,429.00
1.358,882.
1,441,311.CK)
1,459,419
82,429.00 1,358,882.00
1.441,311.00
1.459.419
13-

CLARKE'S AND MARSHALL'S CHARITIES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
All inveslmenls are carried al their fair value. Invèstment in equitios and fixed interest securities are all traded in quoted
public markets, prirnaiily the London Stock Exchange. Holdings in comrnon investment funds, unit trusts and open-ended
invèstment companies are al the bid price. The basis of fair value for quoted investments is equivalent to the market value,
using the bid price. Asset sales and pur¢ha8es are recognised at the dale of trade al cost Ilhat is their transaction valuel.
Following the change in the administration of the Charities in 1991 the documents of tille in support of the Receivable Chief
and Ground Rents were reviewed and it was wnfirmed that the nècèssary deeds wère held to givè good marketable lille to
only some of the rents re￿1Vable. No valuation ha5 beèn attributed lo these in previous Accounts. and these have been
included in the Accounts on the basis of a £nil valuats'on. The Trustees do not consider il appropriate to place 8 valuation
on these al the present lime.
8. ANALYSIS OF CURRENT ASSETS
2024
2023
Other debtors
Clubs & Societiès Current Account
Funds held with Stockbroker
11,58342
34,051.34
29.115.85
74,750.61
677
57,142
10,531
68,350
9. ANALYSIS OF CURRENT LIABILITIES
2024
2023
Crndltors under l year
A¢cruals
3,840.00
3,840.00
3,720
3,720
10. ANALYSIS OF CHARITABLE FUNDS
Analysis of Fund movements
Galns and
Balance
Income
Ex
nditu
Fund c
Capital a¢¢aunt
General
Revaluation
Total
709,988.47
630,364.89
1,340.353.36
19.339.871
113,611.661
37,975.84
37,975 84
725.012.78
592,389.05
1,317,401.83
19.339.871
{13,611.661
In¢ome Fund
Gentsral
R6valuation
Totsl
109,161.71
74,534.08
183,695.79
73,996.99
161,340.001
{1.533.00}
1,533.00
1,533.00
121,818.70
73,001.08
194,819.78
73,996.99
161,340.001
11,533.001
Totsl
1,524,049.15
70.679.87
15,144.66
1.512,221.61
14-

CLARKE'S AND MARSHALL'S CHARITIES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
ANALYSIS OF CHARITABLE FUNDS - PREVIOUS YEAR
Analysis of Fund movemènts
Galns an
lo
Balance blfw
ncom8
nditure
Capltsl account
General
Rgvalualion
Total
714,231.62
772,121.22
1,486,352.84
16,501.15) (139,498.331
141,756.33
141,756.33
709,988.47
830,364.89
1,340,353.36
{6,501.15) 1139,498.331
Income Fund
General
Revaluation
Total
100.762.23
79,999 08
180,761.31
69,619.48
161,220.001
{5,465,00)
5,465.00
5,465.00
109,161.71
74,534.08
183,695.79
69,619.48
161,220.001
15,465.00}
Total
1,667,114.15
67,721.15
144,963.331
1,524,049.15
All Funds a￿ unrestricted. At a meeting of the Trustee8 on 23rd July 1974, il was resolved that the clear yearfy income of
the Cha¥ities be paid for the lirne being lo the Manchesl&r Relief in Need Charty.
15-

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