| Trustees | Mrs P Brown | ||||
|---|---|---|---|---|---|
| Mr T Dickinson | |||||
| MrJ Mace | |||||
| Mr G Rafferty | |||||
| Mr P Parker | |||||
| Rev'd Canon | Dr C Pailing | ||||
| Mr W Bowley | |||||
| Mr D MacLeod | |||||
| Secretary | 8 | Chief Executive | MrJWilson | ||
| Charity number | 220793 | ||||
| Company | number | 189439 | |||
| Presidents | The Bishop of | Chester | |||
| The Bishop of | Liverpool | ||||
| The Bishop of | Sodor and Man | ||||
| The Bishop of | Birkenhead | ||||
| The Bishop of | Warrington | ||||
| Hon. Treasurer | Mr T E Dickinson | ||||
| Hon. Chaplin | Rev'd G Cuff | ||||
| Registered | office | Colonsay House |
|||
| 20 Crosby Road South | |||||
| Waterloo | |||||
| Liverpool | |||||
| Merseyside | |||||
| L22 1RQ | |||||
| Independent | examiner | Helen Furlong | FCCA | ||
| McLintocks | (NW) Limited | ||||
| 46 Hamilton | Square | ||||
| Birkenhead | |||||
| Wirral | |||||
| Merseyside | |||||
| CH41 5AR | |||||
| Bankers | Barclays Bank | PLC | |||
| 48 - 50 Lord | Street | ||||
| Liverpool | |||||
| Merseyside | |||||
| t2 1TD |
| Page | ||
|---|---|---|
| Trustees' report |
1 -5 | |
| Independent examiner's |
report | |
| Statement offinancial activities | 7-8 | |
| Balance sheet | ||
| Notes to the financial statements |
| Current financi | al year | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | ||||
| funds | funds | funds | ||||||
| Notes | 2022 | 2022 f |
2022 | 2022 | 2021f | |||
| Income and endowments | from | |||||||
| Donations and legacies |
26,709 | 26,709 | 136,564 | |||||
| Investments | 45,318 | 45,318 | 56,356 | |||||
| Other income | 298 | 298 | 70 | |||||
| Total income | 72,325 | 72,325 | 192,990 | |||||
| ~Edit | ||||||||
| Raising funds | 6 | 8,166 | 8,166 | 9,436 | ||||
| ~dh it hi |
||||||||
| Provision ofwelfare services 8 | ||||||||
| sUpport | 7 | 110,751 | 7,961 | 118,712 | 202,850 | |||
| Total charitable | expenditure | 110,751 | 7,961 | 118,712 | 202,850 | |||
| Total expenditure | 118,917 | 7,961 | 126,878 | 212,286 | ||||
| Net gains/(losses) on investments |
12 | 35,894 | 42,241 | 78,135 | 16,562 | |||
| Net movement | in funds | (10,698) | (7,961) | 42,241 | 23,582 | (2,734) | ||
| Fund balances | at 1 April | 2021 | 428,131 | 7,961 | 1,080,380 | 1,516,472 | 1,519,206 | |
| Fund balances | at 31 March 2022 | 417,433 | 1,122,621 | 1,540,054 | 1,516,472 |
| Prior financial | year | year | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||||
| funds | funds | funds | ||||||
| 2021 | 2021 | 2021 | 2021 | |||||
| Notes | 6 | 6 | ||||||
| Income and endowments | from | |||||||
| Donations and |
legacies | 135,624 | 940 | 136,564 | ||||
| Investments | 56,356 | 56,356 | ||||||
| Other income | 70 | 70 | ||||||
| Total income | 192,050 | 940 | 192,990 | |||||
| ~E* eh |
||||||||
| Raising funds | 9,436 | 9,436 | ||||||
| it bl |
||||||||
| Provision ofwelfare services &support | 7 | 202,850 | 202,850 | |||||
| Total charitable | expenditure | 202,850 | 202,850 | |||||
| Total expenditure | 212,286 | 212,286 | ||||||
| Net gains/(losses) | on investments | 12 | (40,991) | 57,553 | 16,562 | |||
| Net movement | in funds | (61,227) | 940 | 57,553 | (2,734) | |||
| Fund balances | at 1 January | 2020 | 489,359 | 7,021 | 1,022,826 | 1,519,206 | ||
| Fund balances | at 31 March 2021 | 428,132 | 7,961 | 1,080,379 | 1,516,472 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | |||||||||
| Fixed assets | |||||||||
| Tangible assets | 13 | 1 | 1 | ||||||
| Investment | properties | 14 | 490,000 | 450,000 | |||||
| Investments | 15 | 1,051,662 | 1,073,668 | ||||||
| 1,541,663 | 1,523,669 | ||||||||
| Current assets | |||||||||
| Debtors | 17 | 20,000 | 50,471 | ||||||
| Cash at bank and | in | hand | 35,405 | 30,534 | |||||
| 55,405 | 81,005 | ||||||||
| Creditors: | amounts | falling due within | |||||||
| one year | 18 | (57,014) | (88,202) | ||||||
| Net current | liabilities | (1,609) | (7,197) | ||||||
| Total assets less | current | liabilities | 1,540,054 | 1,516,472 | |||||
| Capital funds | |||||||||
| Endowment | funds | - general | 19 | 1,122,621 | 1,080,379 | ||||
| Income funds | |||||||||
| Restricted | funds | 20 | 7,961 | ||||||
| Unrestricted | funds | 417,433 | 428,132 | ||||||
| 1,540,054 | 1,516,472 |
| Unrestricted | Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2022 | 2021 | 2021 | 2021 | ||||
| 6 | 6 | 6 | f | ||||
| Donations | and gifts | 3,701 | 2,200 | 2,200 | |||
| Legacies | receivable | 23,008 | 133,424 | 133,424 | |||
| Shipwrecked | Mariners Society | 940 | 940 | ||||
| 26,709 | 135,624 | 940 | 136,564 | ||||
| 4 | Investments | ||||||
| Unrestricted | Unrestricted | ||||||
| funds | funds | ||||||
| 2022 | 2021 | ||||||
| 6 | |||||||
| Rental income | 17,500 | 21,875 | |||||
| Income from | listed investments | 27,818 | 34,481 | ||||
| 45,318 | 56,356 | ||||||
| 5 | Other income | ||||||
| Unrestricted | Unrestricted | ||||||
| funds | funds | ||||||
| 2022 | 2021 | ||||||
| 8 | |||||||
| Bank interest | 298 | 70 |
| 6 | Raising funds | Raising funds | Raising funds | |||
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | |||||
| funds | funds | |||||
| 2022 | 2021 | |||||
| Investment | management | 8,166 | 9,436 | |||
| 8,166 | 9,436 | |||||
| 7 | Charitable | activities | ||||
| 2022 | 2021 | |||||
| Staff costs | 16,826 | 16,830 | ||||
| Honoraria | 1 | 1 | ||||
| Vehicle leasing | 4,176 | |||||
| 16,827 | 21,007 | |||||
| Grant funding | of activities (see note 8) | 97,500 | 121,875 | |||
| Share ofsupport costs (see note 9) | 235 | 155 | ||||
| Share ofgovernance | costs (see note 9) | 4,150 | 59,813 | |||
| 118,712 | 202,850 | |||||
| Analysis | by | fund | ||||
| Unrestricted | funds | 110,751 | 202,850 | |||
| Restricted | funds | 7,961 | ||||
| 118,712 | 202,850 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Grants to | institutions: | ||||||
| Liverpool | Seafarers Centre | 97,500 | 121,875 | ||||
| Support | costs | ||||||
| Support | Governance | 2022Support | costs | Governance | 2021 | ||
| costs | costs | costs | |||||
| 6 | |||||||
| Other costs | 133 | 133 | 29 | 29 | |||
| Bank charges | 102 | 102 | 126 | 126 | |||
| Independent examiner's |
|||||||
| fee | 4,150 | 4,150 | 2,950 | 2,950 | |||
| Legal and | professional | 56,863 | 56,863 | ||||
| 235 | 4,150 | 4,385 | 155 | 59,813 | 59,968 | ||
| Analysed | between | ||||||
| Charitable | activities | 235 | 4,150 | 4,385 | 155 | 59,813 | 59,968 |
| Employees | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| Employment | costs | 2022 | 2021 |
| Wages and | salaries | 16,826 | 16,830 |
| Unrestricted | Endowment | Total | Unrestricted | Endowment | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| general | general | ||||||
| 2022 | 2022f | 2022 6 |
2021 6 |
2021 | 2021 6 |
||
| Revaluation | of | ||||||
| investments | 22,546 | (239) | 22,307 | (24,992) | 42,743 | 17,751 | |
| Gain/(loss) | on sale of | ||||||
| investments | 13,348 | 2,480 | 15,828 | (15,999) | (15,190) | (31,189) | |
| Revaluation | of | ||||||
| investment | properties | 40,000 | 40,000 | 30,000 | 30,000 | ||
| 35,894 | 42,241 | 78,135 | (40,991) | 57,553 | 16,562 |
| Tangible fix | ed assets | |
|---|---|---|
| Fixtures end fittings | ||
| Cost | ||
| At 1 April 2021 | 50,000 | |
| At 31 March | 2022 | 50,000 |
| Depreciation | and impairment | |
| At 1 April 2021 | 49,999 | |
| At 31 March | 2022 | 49,999 |
| Carrying amount |
||
| At 31 March | 2022 | |
| At 31 March | 2021 |
| 14 | Investment | property | ||
|---|---|---|---|---|
| 2022 | ||||
| Fair value | ||||
| At 1 April 2021 | 450,000 | |||
| Net gains or | losses through | fair value adjustments | 40,000 | |
| At 31 March | 2022 | 490,000 |
| Listed | ||
|---|---|---|
| investments | ||
| Cost or valuation | ||
| At 1 April | 2021 | 1,073,668 |
| Additions | 159,978 | |
| Valuation | changes | 21,660 |
| Disposals | (203,644) | |
| At 31 March 2022 | 1,051,662 | |
| Carrying | amount | |
| At 31 March 2022 | 1,051,662 | |
| At 31 March 2021 | 1,073,668 |
| 16 | Financial | instruments | 2022 | 2021 | ||
|---|---|---|---|---|---|---|
| 6 | ||||||
| Carrying amount of |
financial assets | |||||
| Instruments | measured | at fair value through | profit or loss | 1,051,662 | 1,073,668 | |
| 17 | Debtors | |||||
| 2022 | 2021 | |||||
| Amounts | falling due | within one year. | 6 | |||
| Other debtors | 20,000 | 50,471 | ||||
| 18 | Creditors: | amounts | falling due within one year | |||
| 2022 | 2021f | |||||
| Other taxation and social security |
279 | |||||
| Other creditors | 10,895 | 18,389 | ||||
| Accruals and defened | income | 45,840 | 69,813 | |||
| 57,014 | 88,202 |
| Balance at | Revaluations | Balance at | Revaluations | Balance at | ||
|---|---|---|---|---|---|---|
| 1 April 2020 | gains and | 1April 2021 | gains and | 31 March | ||
| losses | losses | 2022 | ||||
| 8 | 8 | 8 | 8 | |||
| Permanent | endowments | |||||
| Endowment | Fund | 1,022,826 | 57,553 | 1,080,380 | 42,241 | 1,122,621 |
| 1,022,826 | 57,553 | 1,080,380 | 42,241 | 1,122,621 |
| Movement | |||||
|---|---|---|---|---|---|
| in funds | |||||
| Balance at | Incoming | Balance at | Resources | Balance at | |
| 1 | April 2020 | resources | 1April 2021 | expended | 31 March |
| 8 | 8 | 202jt | |||
| 7,021 | 940 | 7,961 | (7,961) |
| Analysis o |
f net assets between funds |
||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | ||
| funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2022 | ||
| 6 | 6 | F | |||
| Fund balances at 31 March 2022 are represented | |||||
| by: | |||||
| Tangible assets | 1 | ||||
| Investment | properties | 490,000 | 490,000 | ||
| Investments | 439,732 | 611,930 | 1,051,662 | ||
| Current assets/(liabilities) | (22,300) | 20,691 | (1,609) | ||
| 417,433 | 1,122,621 | 1,540,054 | |||
| Unrestricted | Restricted | Endowment | Total | ||
| funds | funds | funds | |||
| 2021 | 2021 | 2021 | 2021 | ||
| f | 6 | 6 | |||
| Fund balances at 31 March 2021 are represented | |||||
| by: | |||||
| Tangible assets | 1 | ||||
| Investment | properties | 450,000 | 450,000 | ||
| Investments | 450,482 | 623,186 | 1,073,668 | ||
| Current assets/(liabilities) | (22,351) | 7,961 | 7,193 | (7,197) | |
| 428,132 | 7,961 | 1,080,379 | 1,516,472 |