REGISTERED CHARITY NUMBER: 224856
ort of ihe Trustees and
Unaudiied Financial Siaiemenis for Ihe Year Ended i l DeceTnber 2024
for
Liv
l Marine Enoineers & Naval
ArChI￿¢[S (iuild
Johnsione Howell & Co
104 wh11b￿ Road
EllesTneTe Port
Cheshiie
CH65 OAB

Liv
l Marine EnqneeT5 & Naval
Archiiecis Guild
Conients of rhe Financial Siaiements
for the Year Ended 31 December ?024
Page
Reterence and Administrative Details
Report of the Trustees
Independent Exarnin&s Report
Statement of Financial Adivitie5
Balance Sheei
Notes to the Financial SLltements
7 to 12
Detailed Staiement of Financial Aciiviiies
13

Live
l Marine Ennineers & Naval
Archilecis Guild
Reference and Administrative Derails
for the Year F.nded 31 December !024
TRUSTEES
R J Troop
R D Fitzsimmons, Chair
J F Pope. Secreiary
AR Todd
PRif4CIPAL ADDRE&S
Guild OtTice: CIO Jatlle5 Troop & Co Ltd
4 Davs Road
Asttnoor Industrial Estat¢
Runcorn
Cheshire
WA7 IPZ
REGISTERED CHARITY
NLIMBER
224856
INDEPENDENT EXAMINER
Johnsione Howell & Co
104 Whirby Road
Ellesmere Port
Che5hiie
CH65 OAB
NON-TRUSTEE TREASURER
D A Galla£her
Page I

Live
ol Marine En¢yineers & Naval
Architects Guild
rt ofthe Tru51ees
for the Year Ended 31 December 2024
The trusiees preseni theiT report with the financial ststements of the charity for the year ended 31 December 2024. The
trustees have adopted the provision5 of Accountino and Reporting by Charities.. Staiement of Recomlnended Practice
applicable to charities preparing their accounts tn atcoidance with the Financial Repolling Standard applicable in the
UK and Republic of Ireland (FRS 102) (effeciive l Januarv 2019).
OWECTIVES AND ACTIVITIES
Objective5 and aim5
The Guild's principal activity is the granting of relief from ihe funds of the Guild and the income arising therefrom lo
necessitous and deserving persons connected with the profession of Marine Engineers and Naval Archttects.
The Comrnittee decides who are proper subjects for such relief and include the following-.
- Members of the Guild, Iheir wives and families. or the widoMs andor families of deceased Tnembers.
P¢r50ns who have been engaged as Marine En¥ineei O(ficers in the LiveTpooI and Merseyside Are4 their wives.
Wido￿,5 andlor families_
Persons who are or who have been Consulting Engineers or Naval Architects prdctising in the Liverpool and
Merse)'side are4 or their technical staff5, Iheit w"ive5, w'idoiTrs andlor families_
Person5 who have been engaged as Marine Entsineer OIFicer5, their w'ives, widows andlor families
in any vessel
owned or manaeed b). any rnemb¢r of the Port of Manchesler. or by a Firni or Co¥npony any member or director of
which shall be a mernber.
Officer% and emplovees of rhe Guild. their wives. widows anit'or families_
SuTpIu5 income may be allocated annuallv lor chariiable pur￿￿eS deelned suitable by Ihose allendine the Ar￿Ual
General Meetin¥ wi(h partieular consideration beino 4Jiven to the ossisrance of l.outh in marine relaied education or
similar PUTSUits.
Significant activities
The Charity has continued during the year to give assisthnce 10 anyone who has served in the Marine Engineerino or
Naval Archtteciural professions in the Mer5eyside.￿anCheSter areas or their dependenis in the event that they were
experiencin(p serious financtal hardship. Its current and recent aciivilies include provision of regular financial a55lStance
to elderly men and woinen, asSi5tanc¢ with nursing home fees and rhe provision of mobility. equipment to those whose
afflictions have left them physicallv impaired. Any 5urplu5 income after these needs have been mei is allocated annually
'by the membership for the chariiable promoiion of education. local youth needs and in support of local charitable
organisaiions involved in the Tnarine industry.
The Charity has whieyed these objeciives during ihe fin￿l¢la1 year under ￿vIeW. It is intended io undertake similar
charitable work for the foreseeable furure. Funds will be taised from a mixlure of events combined with membership
fees and investment income. The Chatity 15 run and operdted entirelj. by ihe Honorary Office[5.
Crantmaking
Surplus income may be allocated annually for charitable purposes deemed 5Ult3ble by those attending the Annual
General Meeting with particular consideralion being given io the assistance of youth in marine related education or
similar pllrsuits.
FINANCIAL REVIEW
Investment policy and objectii'es
The monies for the time being belonging to the Guild may be invested by the Trustees in or upon one or rnore of the
Stock, shares or securities following - that is io say-. public stocks or funds, or Government securiiies of the United
Kinudom, or upon freehold or chattel, real securiiies in England and Wales. or the bonds, debenwres, or debenture
stock, or guaranteed siocK or preference or ordinzry shores. or slock of any corrN)ra(ion, tompanv or public body or
authority, municipal, local. commercial or othetWL5e w'ith liberty for the Tn￿tts to vary the investments from time to
time for any other investments of the descrÉpiioD authorised.
Reserves policy
I'he Guild deems all funds to be free funds (unrestriaed fimds) for use in achieving the objectives of ihe Guild. The
Trustee5 is that it is prndent to ensure thar there are sufficient funds io provide financial flexibility for ihe
development of the Guild.
Pa¥e 2

Li
l Marine Eiioineers &. Natral
Aichitecis Guild
of ihi Trusiees
for Ehe Tr ear Ended i l D¢ceJnber 10?4
STRL'CTLRE, GOVERNANCE AP4D MA.P4AGEMENT
GoTherning documenl
The Guild Is an unintOFporaied re81￿cred Chatilv_ The d￿￿nient of ihe Guild is lis "Rules ot. the Guild"
{Trii%l Dee(11 as aniended and agrled h) The Charih. CornTnission on l ? Jurte ?Th))
R¢¢r￿lI￿¢￿t and appointmeni of tr115tees
.4 iiti%' tiusiec ur Iru51LLS dppoiniEd b! members al an .4[￿Ual GeneFal Nleeiiiig. UT ai a Special M¢eLin(7 called
lor Ili&ll PUTPV5e. The number ol-1ru51L'es shL)uld nth'er be less than artd In the caie of Ihe numbeT becoinino reduced
In le%5 Ili&lll nio. a ne%1 Tfuilee 10 bTino thi nurt1￿"r up lo lilo tnortr shall ￿ appoiiiied ai the Ai)nual CieiieTal MLLfino
eil lollow"in2 such a redyciion. (>r Special Medin
Appioied bj order ot ihe boatd ol lTU￿LeS 1)n ?? Juli':O?i and si¥ned on lis behal1-￿".
J f PopL. SLLfLiat
"ITU5iee

Ind
deni ExatnineV5 R
rt to the Trustees of
Lii'e
ool Marine En
ineers & Naval
Archiiects Guild
Independent examiner's re￿rt to tbt tru5ttts of Liverpool Msrine Engineers & Naval Architeets Guild
I report to the charity. trustees on m}, examination of the accounts of Liverpool Marine Engineers & Naval Architects
Guild (the Trust) for the year end£d 31 tk¢emb¢r 20?4.
Responsibilities and basis ol ￿pOrt
As the charity trustee5 of ihe Trusi you are responsible foT the prepardtion of the accounts in accordance with the
requirements of the Charities Aci 2011 (Yhe Act.).
I report ITh respect of my examinaiiots of the Trusts accounts carried out under Section 145 of the Act and in caTrying out
my examitjation I have followed all applicable Directions given by the Charity, Commission under Section 14515)(b) of
the Act.
Independent exarniner's statemeTrt
I have cornpleted my examinaiion. I confim) that no material mallers have come io Iny attention in connection with the
examination tsiving me cause to believe ihat in an!, material respect=
accounting records w'ere not kept in respect of ihe Tn￿1 as required by Section 130 of th¢ Act= or
the accountg do noi accord M'ith those records- or
the accounts do not compl)" with the applicable requirements concerning the forni and content of account5 set out
in the Charities (Accounts and Repons) Regulaiions 2008 other than a¥Ly requirerneni that the accounis give a
true and fair view. which is nol a maller considered as part of an independent examtnation.
I have no concerns and have come across no other matter5 in connecrion with the examination to which attention should
be draw￿ in this report in order to enable a prow understsndit)(T of ihe accounts io be reached.
A M Bagnall
' Johnsione Howell & Co
104 Whitby Road
Ellesmere Port
Cheshire
CH65 OAB
22 July 2025
Page 4

Live
l Marine Enoineers & Naval
Architects Guild
Statement of Financial Activities
for rhe Year Ended J I tkcember ?024
2024
Unrestricted
fi￿d
2023
Total funds
Not¢5
INCOME AND ENDOWMENTS FROM
Donation5 and legacie5
390
601
Other trading activities
Investmellt income
?2.547
23,478
31,906
20,321
Total
46.415
52,828
EXPENDITURE ON
Raj5 jn(T fund5
24.072
26,113
CharÉtable activitie5
inancial assistance
30.213
23,023
Other
948
Total
55,233
50,072
Nei gain￿{lOSSes) on invelttnents
(4.929)
17,443
NET INCOMEI{EXPEJ¥DITURE)
(13.747)
20,199
RECONCILIATIof4 OF FUNDS
Tot&1 ￿ndS brought forward
701.478
681,279
TOTAL FUf4DS CARRIED FORWARD
687,731
701,478
The notes fom) part of ihese financial ststements
Page 5

L1*er￿¥01 Mariiie Ez]&Fineers & Naval
Archslttts Guild
BÈlaTrce Shecl
i l December ?074
L.'nresiricied
fijnd
Total fijnds
FIXED A.SSF.TS
76.700
j81.6?9
CL'RRENT ASSETS
l)ehini'
Caqh ar bank
6.868
104.90?
11.798
108.766
l?O.S64
CREDITORS
.4incllllllS lallini due V¢iihin one *ear
YF.T C.I,'RR£IYT.4SSETS
119.R49
TOI"AL ASSb."I'S LEXS QURRENT
LI.4BILITJFS
687.731
701_478
NET ASSETS
687.731
701.478
10
Llnrvslricled funds
687.7)1
701.478
TOT.4L FUNDS
687.7)]
701,418
l-li¥ IiiiJnLial siaienienL8 i*ere appr(}i'L￿ b! rhe Board af Trnsiees and affthorised for i55ue on Jul) ?0:5 and w'ere
sji4ied on ils bL'hJlf hi-.
J F PO￿. SecreiarK - Tnts￿.e
The notes for￿ Part tsfthese fiThancial stsiements

Liv
l Matine EnfTiT]eers & Naval
Architects Guild
Note5 to the Financial Staiements
for the Year Ended 31 December ?024
ACCOUNTING POLICIES
Basis of preparing the finanti*l 5t*temeNts
The financial statements of the charii}'. i*hich is a public benefit entity under FRS 102. have been prepared in
accordance with the Charilies SORP IFRS 10?) 'Accoun(ing and Reporting by Charities.. Stsiement of
Recommended Prdciice applicable to charities preparing their accounts in accordance with the Financial
Reporting Srandard applicable in the LIK and Republic of Ireland (FRS 1021 leffec(ive l January 2019}'.
Financial Reporting Siandard 102 The Financial Reponing Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial sraiements have been prepared under the historical cost
convention. with the excepiion of investrnents H'hich are included at market value. as modified by the revaluation
of certain assets.
Ineome
All income 15 recoJu ii5ed in the Statement of Financial Aaiviiies once the charity h&% entitlement to the funds. it
is probable that the income will be received and the amount can be measured reliably.
Expendlture
Liabiliiies are recognised as expendimre &5 soon as ihere is a legal or construciive oblioation committing the
charitv to thai eypendilure, it is probable that a transfer of economic benefits will be required in settlement and
th¢ amount of the obligation can be measured"reliably. Expenditure 15 accounted for on an accruals basis and hai
bttn classified under headings thai aggregaie all cosi relaied io Ihe caie(Tot). Where costs cannoi be directly
attributed io panicular headings thry have been allocated 10 act)￿lI]eS on a basis con5lStent with the use of
re50urces.
Grants offered subject to condit10115 Mthich have not been met at ihe year end date are noted as a CQT)unitment but
not accrued &$ expenditure.
Taxation
The charity is ¢xempt from tax on irs charirable a￿1vitIes.
Fund accounting
Unresiricted ￿ndS can be used in accordance with the chaTitable objectives at the di%retion of ihe trustees.
Restricied funds can onlv be used for panicular restricied purposes within the obje¢ts of the charity. Restriciions
arise ￿hen specified by the donor or lunds are rdised for panicular restricted purposes.
Further explanation of the nature and purpose of each ￿Trd is included in the notes io the financial slatements.
OTHER TRADING ACtIVlTIES
2024
The annual banquet
Annual dinner dance
Golf
26,0?3
3,940
1.943
3,770
1.745
22,547
31,906
Page 7
¢ontinued..

LTV
ool Marine En
ineers & Naval
Archiiecis Cjuild
Notes io the Financial Staternents- continued
for the Year Ended 31 Decernber ?0?4
INVESTMENT INCOME
2024
2023
Dividends and interest on 5ecuritie5
Deposit account interesi
22.402
1.076
19.583
738
23,478
20,321
RAISING FUNDS
Other trading aetivities
2024
2023
The annual banquet
Annual dinner daTh¢e
Golf
15,188
17,765
3,316
1.077
1.483
20,019
22,158
Investment management eosts
2024
2023
Portfolio managemenl
4,053
3,955
Aggretsate amounts
24.072
26.113
TRUSTEES, REMUNERATION AND BENEFITS
There were no irusiees, remuneration or other benefits for the year ended 31 December 2024 nor for the year
ended 31 December 2023.
Trusttts, expenses
2024
2023
Tru5tees' expenses
190
198
COMPARATIVES FOR THE STATEMEf4T OF Fif4ANCIAL ACTIVITIES
Unrestricted
nd
INCOME AND ENDOWMENTS FROM
Donations and legacies
601
Other trading artivities
Investtnent incom¢
31.906
20,321
Total
52,828
EXPENDITURE ON
Raising funds
26,113
Page 8
continued...

Live
l Marine Ents7nee￿ & Naval
Archiiects Guild
Noies to the Fit]ancial Statements - continued
ror the Year Ended J l Decelnber ?024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACtIVlTIES- eoDtinued
Unrestricted
fihnd
Charitable actii'itieg
Financial assistance
23.023
Other
936
Total
50.072
Nd gains on investments
17,443
NET INCOME
20,199
RECONCILIATiof4 OF FUNDS
Toial funds brought fonvard
681.279
TOTAL FUNDS CARRIED FORWARD
701.478
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At l January 2024
RevaI￿ationS
581,629
(4,929)
At 31 December 2024
576.700
NET BOOK VALUE
Ai 31 December 2024
576.700
At J l December 2023
581,629
Historical cost at 31 DecembeT 2024- £460,791 (2023 - £467.920).
2024
2023
Invesment assets in the UK
Investment assets outside ihe UK
J46.010
230.680
388,178
193,451
576,700
581.629
Continued...

Live
l Marine En¢ytneeTS & Naval
Architects Guild
Notes io the FinaT]cial Ststements- continued
for the Year Ended J l December ?0?4
FIXED ASSET INVESTMENTS- eolltiDued
Investtnents exceeding 5tl/o by value of the total wnfolio:
2024
2023
Link Fund Sol Ltd Capita Trojan X Inc
Ini'esco Corporate Bond UK Z DIS
AHFM Defined Rewms l GBP Inc
SPDR S&P US Davidend Aristocrats EFf GBP
N￿lix]S Inv FDS Lootnis Sayles US Equity
Rio Tinto
45,942
44.898
39.541
38.42)
30.850
27.393
43,574
45,799
38,651
35,864
?2,390
33,884
Cosi or valuation ￿ 31 December 2024 is represented by..
Lisied
investments
Valuation in 2024
576,700
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debto
6.868
11,798
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other crediiors
739
715
10.
MOVEMENT Ir4 FUNDS
Net
movement
in funds
At
31.12.24
At 1.1.24
Urtre5tTlCted fuDds
General fund
701.478
(13.747)
687,731
TOTAL FUNDS
701.478
(li,747)
687,731
Nei movement in fi￿d5, included in the above are as follows:
Incolnino
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted fund$
General fund
46.415
(55.23i)
(4,929)
(13,747)
TOTAL FUNDS
46,415
(55,2J3)
(4,9291
(13,747)
10
continued...

Liv
l Martne Ell(Fineers & Naval
Archiiecis Guild
Notes to the Financial Sthtemenis- continued
for the Year Ended i l December ?024
io.
MOVEMENT IN FUNDS- continued
Comparatives for movement in fllnds
Net
movernent
in funds
At
31.12.23
A¢i.1.23
Unrestricted fuNd5
General ￿nd
681.279
20,199
701,478
TOTAL FUNDS
681.279
20.199
701,478
Comparative net movement in ￿nds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted lunds
General fund
52.828
(50,072)
17,443
20.199
TOTAL FUNDS
52,828
(50.072)
17.443
20.199
A current year 12 months and prKor year 12 month5 combined trfFsilion 15 as follows:
Net
movement
in funds
At
31.12.24
At 1.1.23
Unrestricted funds
General fund
681279
6,452
687,731
TOTAL FUNDS
681279
6,452
687.731
A current yeor 12 months and prior year 12 months combiTJed net movernent in fi]nds, included in the above are
as follow5..
Incornino
Resources
expended
Gains and
1055eS
Movement
in funds
resources
Unrestrieted fuDds
Generdl fund
99,243
(105,)05)
12.514
6.452
TOTAL FUNDS
99.243
(105.305)
12.514
6,452
Pagell
C4)nlinued...

Liv
ol Marine En
neeTS & Naval
Archirects Guild
Note5 to the Filtancial Statemcnts- continued
foi the Year Ended i l DeceTnber 20)4
RELA TED PARTY DISCLOSURES
There were no ￿lated party transactions for ihe year ended J l Dete￿be[ 2024.
Page 12

Live
ol Marine EneineeTS & Naval
Architects Guild
Detsiled Siatemei]l of Financial Activities
for the Year Ended J l DeceTnber ?0?4
2024
?023
INCOME AND ENDOWMEP4TS
DonatlOn5 and legacies
Donations
390
601
Other trAdirJg activities
The atmual banquet
Annual dinner dance
Golf
17.032
3,770
1,745
26,023
3,940
1,943
31,906
Investment income
Dividends and interest on securities
Deposit account interest
22.402
1.076
19,583
738
23,478
20,321
Total iMtoming resources
46,415
52,828
EXPENDITURE
Other trading aetii'itie5
The annual banquet
Annual dinner dance
Golf
15,188
17,765
3,316
1,077
1.483
20,019
22.158
' Investment management costs
Portfolio management
4,053
3,955
Charitable activitie5
Grants lo institulions
GTants to individuals
7.813
22,400
4,834
18,189
30.213
Other
Trnstees, expenses
190
198
Support Costs
Finance
Bank and oth¢T transaction charges
20
24
GoVerna￿te costs
Accountancy and legal fees
738
714
Total resources txpended
55,233
50,072
Net (expenditurevincome
(8.818)
2,756
This page does not forni part of the siaru(ory financial statements
Page 13