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||Page|
|---|---|
|Charityinformation|1|
|Trustees' annual report|2|
|lndependent examiner's report|5|
|Statementoffinancialactivities|6|
|Balancesheet|7|
|Notes to the accounts|8|
|Five yearflnancial summary|18|





|Trustees|Mrs C Penny DL-Chairman|
|---|---|
||SShorthouse-JointVice Chairman|
||DrMWheatman-JointViceChairman|
||MrsWEvans|
||JHarries|
||MrsDS Robertson|
||MrsRRycroft|
||TJScott|
||MrsKWhitaker|
|Secretary|lt4rsJTurner|
|Registered office|POBox 658|
||Longridge|
||Preston|
||PR3 2WJ|
||Website:www.sheoherdstreettrust.co. uk|
||e-mail: enquiries@shepherdstreettrust.co.uk|
|Charity Number|222522|
|lndependent examiner|NMasonFCA, DChA|
||MHAMooreand Smalley|
||Richard House|
||WinckleySquare|
||Preston|
||PR1 3HP|
|lnvestment agents|CloseAsset ManagementLimited|
||10CrownPlace|
||London|
||EC2A4FT|





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|||Unrestricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||grant|investmenl|funds|funds|
|||fund|fund|2022|2021|
||Note|€|€|€|c|
|lncomingresources||||||
|Donationsandleoacies|2||||200|
|Charitableactivities<br>lnvestmentincome|3<br>4|54,91I||54,919|1,51 0<br>52,981|
|Totalincomingresources||54,91I||54,919|54,691|
|Resources expended||||||
|Costofraisingfunds||||||
|lnvestment managementcosts|5||9,981|9,981|B,871|
|Charitableactivities||||||
|Grants|6|42,451||42,451|34,206|
|Support costs|7|8,948||8,948|9,740|
|Total resources expended||51,399|9,981|61,380|52,817|
|Netincoming/(outgoing)resources||||||
|before revaluations, investment asset||||||
|disposalsandtransfers||3,520|(9,981)|(6,461)|1,874|
|Netinvestmentgains/(losses):|8||(66,366)|(66,366)|165,455|
|Netmovementinfunds||3,520|(76,347\|(72,827)|167,329|
|Resourcesbroughtforward||71,58'l|1,572,089|1,643,670|1,476,34',1|
|Resources carriedforward||75,101|1,495,742|1,570,843|1,643,670|





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|||Unrestricted|Unrestricted|||
|---|---|---|---|---|---|
|||grant|investment|Total|Total|
|||fund|fund|2022|2021|
||Note|€|€|€|€|
|Fixedassets||||||
|lnvestments|8||1,453,920|1,453,920|1,534,734|
|Current assets||||||
|Debtors|I|6,450||6,450|5,356|
|Cashat bank|10|75,516|44,780|120,296|109,166|
|||81,966|44,780|126,746|<br>114,522|
|Creditors:||||||
|Amounts fallingduewithinoneyear|11|(6,865)|(2,958)|(9,823)|(5,586)|
|Netcurrentassets||75,101|41,822|116,923|108,936|
|Netassets||75,101|1,495,742|1,570,843|1,643,670|
|Representedby:||||||
|Funds||||||
|Unrestricted grant fund||75,101||75,101|71,581|
|Unrestricted investmentfund|||1,495,742|1,495,742|1,572,089|
|Totalfunds||75,101|1,495,742|1,570,843|1,643,670|





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|Oonations and legacies|||
|---|---|---|
||2022|2021|
||e|€|
|Legacies-Edith BamberWill Trust||200|
|||200|



|Charitableactivities|||
|---|---|---|
||2022|202',1|
||E|€|
|Grantsreturned||1,510|
|||1,510|





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|||2022|2021|
|---|---|---|---|
|||e|€|
|lnteresl:|Corporateloanstock|4,BBB|10,013|
|Dividends|Ordinaryshares|39,037|27,403|
||I\.4utualand unitisedfunds|10,981|15,565|
|||s4,906|52,981|
|lnterest onbank deposits||13||
|||54,919|52,981|



|5|Cost offundraising-investment managementcos|ts||
|---|---|---|---|
|||2022|2021|
|||e|€|
||lnvestment agent's charges|9,981|8,87'l|
|||9,981|8,871|
|6|Charitableactivities|||



|Charitableactivities|||||
|---|---|---|---|---|
||Preston|NorthWest|2022|2021|
|Grantspaid|area|afea|Total|Total|
||e|€|e|€|
|lndividuals|||||
|Education&training||6,94'1|6,941|I,341|
|Hardship||3,258|3,258|4,574|
|Medical and counselling||2,000|2,000|2,000|
|Sports &play||||780|
|lnstitutions|||||
|Education&training|390|9,664|10,054|2,750|
|Hardship|3,500||3,500|3,500|
|Guides,scouts&youth groups|1,700|9,353|11,053||
|Medical andcounselling|2,695|2,950|5,645|3,890|
|Sports& play||||7,371|
||8,285|34,166|42,451|34,206|





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|Support costs|||
|---|---|---|
||2022|2021|
||€|€|
|Secretary's fees|3,649|4,671|
|Postage andstationery|538|503|
|Telephone|546|600|
|lnsurance|264|293|
|Travelling expenses|224|191|
|Websiteandcomputer costs|173|144|
|Data protectionfees|40|40|
|Bankcharges|118|78|
|Governance costs(seeanalysisbelow)|3,396|3,220|
||8,948|9,740|



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||Governance costs|||
|---|---|---|---|
|||2022<br>€|2021f|
||Accountancy charges|2,896|2,380|
||lndependent examination charges|uo?|420|
||lnvestment administration charges||420|
|||3,396|3,220|
|8|lnvestments|||
|||2022|2021|
|||f|e|
||Movement ininveslments|||
||i,4arketvalueat1 July2021|1,534,734|1,354,445|
||Additions to investmentsatcost|272,085|255,06'1|
||Disposals at carryingvalue|(286,53s)|(236,350)|
||Netinvestmentgains/(losses)onrevaluation|(66,366)|16'1,578|
||Marketvalueat30June2022|1,453,920|1,534,734|





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|lnvestments(continued)|||||
|---|---|---|---|---|
||2022|2022|2021|202'l|
|lnvestments comprise|Market||Market||
||value|Cost|value|Cost|
||€|e|€|e|
|Quoted investments|||||
|Corporateloanstock|245,083|271,250|111,766|127,742|
|Ordinary shares|747,959|760,237|779,235|793,040|
|Mutualandunitisedfunds|32s,549|203,712|601,933|517,789|
|Hedgefunds|135,329|122,104|41,800|40,890|
||1,453,920|1,357,303|1,534,734|1,479,461|



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|Debtors|||
|---|---|---|
||2022|2021|
||€|e|
|lncome tax recoverable|520|'t17|
|Prepayments|176|176|
|Accrued lncome|5,754|s,063|
||6,450|5,356|



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|Cashat bankandonshortter|m deposit||||
|---|---|---|---|---|
||Unrestricted|Unrestricted|||
||grant|investment|||
||fund<br>€|fund<br>e|2022f|2021<br>€|
|Closedeposit account|35,212|44,780|79,992|40,075|
|CAFdeposit account|40,296||40,296|69,083|
|Cash|8||8|B|
||75,516|44,74O|120,296|109,'166|





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|1'l|Creditors-amountsfallingduewithinoneyear|||
|---|---|---|---|
|||2022|2021|
|||€|€|
||Accruals-Grant fund|6,865|2,866|
||Accruals-lnvestment fund|2,958|2,720|
|||9,823|5,586|
|12|Contingencies|||
||Therewerenocontingent liabilitiesat30June2022(2o21:nll).|||
|13|Monies availablefor grantpurposes|||
|||2022|202'l|
|||€|€|
||Grantfund|||
||Balance at30June2021|75,181|71,581|
||Less:Grants approvedbut notpaidat theyearend|5,000|15,234|
||Available forfuture grants|70,181|56,347|



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||PrestonNorth West|PrestonNorth West|2022|2021|
|---|---|---|---|---|
||area!|area<br>e|Total<br>€|Total<br>E|
|Grants approved butnotpaid|||||
|lndividuals|||||
|Education & training|||||
|Hardship||||370|
|[.4edicalandcounselling||||2,000|
|lnstitutions|||||
|Education & training||5,000|5,000|1,000|
|Guides,scouts &youth groups||||3,700|
|Sports&play||||8,164|
|||5,000|5,000|15,234|





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|ovementinfunds-c|urrentyear|||||
|---|---|---|---|---|---|
||At|||lnvestment|At|
||'tJuly|lncoming|Resources|gains/|30June|
||2021<br>€|resources<br>€|expended<br>€|losses<br>f|2022<br>€|
|Unrestrictedgrant fund|7'1,58'1|s4,919|<br>(s1,399)||15,101|
|Unrestricted<br>investment fund|1,572,089||(e,e81)(66,366)||1,495,742|
||'t,643,670|54,919|(61,380)(66,366)||1,570,843|
|Movementinfunds-|previous year|||||
||At|||lnvestment|At|
||'IJuly|lncoming|Resources|gains/|30June|
||2020<br>!|resources<br>e|expendedt|losses<br>€|202'l<br>€|
|Unrestricted grantlund|60,416|54,691|(43,526)||71,581|
|Unrestricted<br>investmentfund|1,415,925||(9,2S1)165,4s51,572,089|||
||1,476,341|54,691|(52,817\165,4551,643,670|||



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|Analysisofnetassetsbetweenfun|ds-current year|||
|---|---|---|---|
||Unrestricted|Unrestricted||
||grant|investment|Total|
||fund<br>f|fundf|funds<br>f|
|lnvestments||1,453,920|1,453,920|
|Netcurrentassets|75,101|41,822|116,923|
||75,1011,495,742||1,570,843|





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|Analysis ofnetassets between fund|s-previous year|||
|---|---|---|---|
||Unrestricted|Unrestricted||
||grant|investment|Total|
||fund<br>€|fund<br>€|fundsr|
|Investments||1,534,734|1,534,734|
|Netcurrent assets|71,581|37,355|108,936|
||71,581|<br>1,572,089|1,643,670|



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||2022<br>€|2021<br>e|2020f|2019<br>€|2018|
|---|---|---|---|---|---|
|lncomingresources||||||
|Donationsandlegacies||200|417||570|
|Charitableactivities<br>lnvestmentincome|54,91I|1,510<br>52,S81|2,413<br>51,686|355<br>54,434|3,201<br>54,039|
|Totalincomingresources|54,9'1I|54,691|54,516|58,789|57,810|
|Resourcesexpended||||||
|Grants and donations|42,451|34,206|42,466|36,795|42,171|
|Totalcharity costs*|18,929|18,611|19,1 10|18,158|18,716|
|Total resources expended|61,380|52,817|61,576|54,953|60,887|
|Net incom ing/(outgoing)||||||
|resources for lhe year||||||
|before revaluations,||||||
|investment assetdisposals||||||
|andtransfers|(6,461)|1,874|(7,060)|3,836|(3,o77)|
|Realisedandunrealised||||||
|gains/(losses)on<br>investments|(66,366)|16s,455|(145,551)|(10,083)|76,625|
|Netmovementinfunds|(72,527\|167,329|(152,611)|(6,247\|73,548|
|Resourcesbroughtforward|1,643,670|1,476,34'l|1,628,952|1,635,199|1,561,650|
|Resources carriedforward|1,570,843|1,643,670|1,476,341|1,628,952|1,635,198|
|Grantfunds|75,101|71,581|60,416|58,207|44,654|
|lnvestmentfund|1,495,742|1,572,089|1,415,925|1,57 0,745|1,590,544|
|Totalfunds|'1,s70,843|1,643,670|1,476,341|1,628,952|1,635,198|