REGISTEREDCOMFANY NUfvfBER: LX1153719 (Tnglattd and Waks) Fzthl 31 fkcanber2023 11-13 Victoria Stre Livwl L2 1111 •JDc33N. 2110912024 COMPANIES FIOUSE
Live okers Ben¢vol¢ni S1 Contents of the Financial Siatements for the Year Ended 31 Decemt*r 2023 Page R¢f¢reDc¢ and Administrative Dthils Report of ihe Trustees Report of ih¢ Independeni Auditors 7 to 10 Statement of Financial A¢tivities Balanc¢ She¢1 12 .Notes toAhe Financial Siaiements 13 10 20
ol dA Elldal 31 21523 S Lofihowe KM Dixon (apw>iDbl 12.423) G Hartley (8PPOiDty123.1023) J J McGuffie (aMK>iDbJ 1.423) J P Russell (aFgoittsed 12.1223) C Tumtr{44X)iuted 23.1023) JM WKg8nd (4VJitth123.1023) T L F[d{apF¥)[tsj 23.10.23) R Cooke (rtsllgu 28.923) PR&{(s{[ 27223) REGISTEIIED OFFICE 21 NorthJobn Strttt Livwl 153719 (FW dwaI¢s) AiJDITORS 3rd Floor Pacifjc aJamEos 11-13 Vid(Kia Strett Livwl 125( souctTORS IIXI Old Hall Strttx L3 Royal Ilver Bwldiog PierHead Livwl L3 INY
ofthe ber 2023 Annual R¢pxt and Accounts the year eDled 31 tkcanber 2023. The ttwstets bave W th¢ provisioDS of the FiJ)attcial Reporting Stsnd&d Awlieable in th¢ UK ¥lld R¢pth]i¢ of ITPlaA (FRS 102) (effe£tive l January 2015) . {Cknili¢s SORP (FRS iir2)}, the FiDawiaJ Ret]D8 StaDtsd appltcabk the UK and RqNthLic of Jreland (FLS 102) aud tbe Companies A¢t 2006. GvYerDiBg docwDent The Society 1$ govthia itL its xtivi¢i¢s by the M¢m((ath atMI Al&S of Associatsoll tb¢ 12 Febnwy 1919. &8 8mend¢d by th¢ 8doptiOD of Ihe R¢%)1 3 June 1970, alld is a c4)mp8oy liwitl by Reernitinent xnd appoSll(ment of new trustees Tnts may appoiDt a M¢mbq * any tie. dat¢ oftheir ILstekntion orre•eleiaio the Council of Mmw8ement and dLe FinaDx of the 1&y. H¢ i% 819) r¢4KwlJle f(f instntill8 the The Sl&s S• is Wwrel who i8 the QY salarioj stsff mallbu. The i8 Tespott8Jl)le for tbe dayto day IDIng aad of the &Kiety and baismg witb E¢nefftt&i&s. outside 8geoci and iDstitiJtiODS. Th¢ So¢iety eEuploys no (sthtr stsff loallY the ScKiety wloyes CRlItants. &% and wh InduetiOB and trainSng of Rew trteeS a) abriefbistory of tlLe Society: b) a¢opy ofthe Memordll(thm gndATti¢k8 ofAs5(Kith4" d) all explanation of tbe ir¢ wbith the sidY is fj thepolicies ofthe S(1&Y re8 F4wI c1¢ts0fI togth withthe Mi48ion Staternet of Ihe So¢iety. Newly appoiDted tswtees wlll thett also be to 8tteDd tb¢ Soci&ys offi(rs for an in<htIOn ting. with the
F3.4 Org*oisats)uAI slruelur¢ SubscTiptsons reu)ain siJKe 1894 at £1.05 (awllne&) vote thereitL MeuLbas Self)Mi to W the S(Kiety to a maxinutn of £1. (on¢ itL the evart of the Society Eeing wJd up aud haVg d¢t45. It is this, aDd QDly this wbith deFinets the fr(qll Meujbers ar¢ thawn the Thfe4nbus of the coul1] of Managemenf wb) 4T¢ the kg TnL5tr¢5 of the CIlty and DiTeC ofthe Company. Fwids ofthe tn aud we made at itt of the re8u]ar Cout>Jl ofmwonent methgs. The s$ role tb¢ society i8 to 4)pty the 88re&l critAia ID ordu to an IDitl of need5 followiD8 contsct with a tentiai beneficiary who bave made 4)pliotico fry wi%tauce. io trder to to the Couucil of together with the Suggests kvel of Indiv as5istallLr th¢ COmiDg yw. (kn th¢ c¢1] of Managernellt bave OD those chw¢s the role i8 to action these de£isions he l)&s limibl powerg of thsotttoo ill these matters. He is kn rwoDsJl>le fty the day adMI work alld for monitctlng the fjwcial Lllatse Riskm#oagemeDt
ix2tr23 Ihe Objects of wbith are L¥mts]niW1Ill th¢ &Ki¢tys MqllorJnth. Try rnbers of Ihe S(Kiety and their wive5 aLd famaies and necessithus wblows of thce&8ed membas. sewDifjy to cDnnected ekther as PLioc4Ml4 marw or dexAcal io the City or Pixt of LivFwL iEKluiliDg tnembu5 of the Ltvewl Shipping Stsffs, ASS]10 not at the time of the * manbers of the &IdY who Thtre have bec ty) (kn8 to the Obits of the S(xdy its plicy tQW8r&8 thrAe obj¢ts sinct the l&¢ TA exercisiDg their powets and duties tbe Sc¢is trust¢¢s bave sbown reg&d to the gUidae publi¢ benefi¢ i$d and pub]iS1 by tbe {lty Comtiwott The tnL8tee8 Wieve th frLey b¢ CaDplthl th¢ir duti&s th]ig aud to the b¢4 of tbeir abeS for the bettefit of the pub]ic alld bave akn managtsl the find% to them for the beoefft of th¢public. terest Poiicy. All three of these d(vJtneLts wue and rethptoJ (bmg the year review. The Sc¢is knion statem the Eq (rtUnIt Policy and the Confiict of IDtUa5t Policy dcollllquts 8Te available from the Societyupon req¥J#L The Society seeks to iwrove Ibe qUlty of lift of its ttneficiari&s by the pr)itsii)n of finati¢l 49sistallt¢ wbicb may ¢ genera] or, tllore rety. with tbe pattojjaraim of rdtessing a wific sbortfalL To tbis end the Socie5 invtstDents (a ETedown ofwbi( conts1 wtibtD the acwjnts) wete held ia 8 baland [0]10 wbicFL W&9 p]aced with Evetyn who 8L80 providcdthe &IdyIth finaDcial &fvi(t. Fthentially the Soctety% obiectiv&s are a) to maintsin the levds ofgrant to EnefieiaTies W]re possiTrl and b) to the level of income by the illv&stmellts wbile at the same titne miDiQi5iDg the risks to OveTrll ineme IDcrE by £4.886 to £195,687. 0¥all dei¥e&ol by £139.754. Takg of the Net 8ains on iDvesttttents of£41266. n& inecrfnernse by £1.127.677 to£305.frfJ9. The BalaDC¢ Sbeet indicat&% 8n iJWtta8e ill dte S(Kietys value the )tr. The totsi vabx at the 31 223 sbowed an incte&se of £365.669 to £7.189.586 (2022.. £6,823.917). R]sin8 dividod yahS and aD inL7ea5¢ ill tELe Value of the Socis IVestment have iJnpmveA the in¢(xo¢ its balanc¢ sheet Cbrltable 8clivit5 Dwiog the course of 2023. k tot81 of £79278 (2022.. £206,184) was disbu ill form of to Society's belleficiarif4 thus aU¢M4ing our beneE¢iari¢5 a higber bXaDdard of livng they oveTrvise have joY1 AppliClons for &8si¥tance from dVing and nox&sitow t*(¥le aye considd by the CouD¢iI of
Rd¢rvts polky The S(ls Raerw Policy is dictateA by the 3t 3(Gl rea(E5.' or propty 85 rnay be thougbt fit &]biect to LY)nditM>ryS (rf8lly) 8t (if w) a8 tllay for Liwits4 of 3rd Floor Pacific ChaTuba4 11.13 W[]8 Strrt LivewL mseY51de, L2 5(32 who appoiDted &8 Yow 8ttenti¢)n is drnwD to Note lof the N¢)t&8 of Fillaucial l&ll[E to AtxoullliDg Folici&% wbich s&$ wt It eatt be M from the Sl¢tn¢nt of FiDwial knivittw that ill¢& from £190.801 in 222 to £195.687 in 2023. Tofal eX&d[re decre&sed from £376.038 ill 2tr22 to 36284 D 2023. Takng accouTrt of Net gdiDS on invllents of£41f2266, net illcmie rose by £1.127.6ri to £365.669. cltable stth attd &s gjdj is not liable to l&¥ation OD ts dwitabk a¢ttVOI¢s. The is ajso unable to tE8iSter Vatue Add Tax aD& &ry tbe elollent of exE ts pd in VAT i% Jyb by the Soci. srATEMENfS OF COI¥FIRMATION b) de]ay5 or sborrfalls in c&sh Tea]i8ati¢)Ls" C)tttuulcts &$ thlOSed th¢ Notes of the Fttuu¢ia] Sttsn th¢ ¢ffe( ofrevahloll of fjxell as8. donor that bave atole iu the affairs of the Society" d) Iw l)een included settl8 out the Couocilof iu r• ofthe Anllll Report requred to be included ill the TnLSt¢e's rqXthav¢1 iDclw]ed i0theAnjaI ReF the Society confirn)5 the 2ecouots comply Ixjtb witb the cwra)t 5tsbrt(rfy tNwrnents andwith the
Th¢ tnjstees (who are also the dlTrCto of Livarwl S¢kns Bellevoknt &xidy IocorwTrted for the pryposes of view of tb¢ state of affairs of the clwitabl¢ and of tb¢ iDCThDiDg tE50rn aDd 4)plic4ti1)n of Ksourc4 observe th¢metbods alld principl in th¢ Cb8rity SORP. time the fiDaned position of the dwitable ¢offjpw and to oJabl¢ thou to aLSu that the fjllan¢ial staiemthts comply with the Cotllpanies Art 2006. They are aL80 14yonBle the asets of the d)arithle compatsy . there ig norelevant audit ithatioD of the cbaritable auditi)Js e w&warv. and . the tr(LStea5 have tskeu au ste$ that they ought to bave taken to llmke themselves aware of any relevant audit AUDoRs 1q..g¢P..I..2DWLQ. Approved by orthr of the bd oftrustees CQ_..._ . ...... .............. and3EI ou its beha]fby: Page 6
Compan) for th¢ yegr euded 31 Dlbe 2W23 wbith ColD the Statana)t of Fitiancial Aetivia4 the Balance TryWrtuig fr3wewO that ha5 EÉ¢n app]iol ID tber As apP]iL1¢ law and UDitsJ Kingdom Accountiog . give a tru¢ 1[ view of the th ofthe dJaTitsbk wtrtpatys affai[5 as at 31 LkcallEer 223 8td of its itOmiDg BL8Lg for oplnion We con(tuct¢d our a]Ldil iu WJTdauce witEL llltana Standards on Alltig (UK) (tSAs (UK)) And aFplicable Iaw. l)Jr w0n)Iltscs those &8rdS are fjjrthtr itk th¢ Au(litor5' respcffJsibi]itses for tbe audit of ¢thica] requiraDents that fflevaut to audit of Ihe fillClai ststallerAs irk the UK illchthg the FRCS Etbical Com¢Ra¥ion8 TIA¢iDt ¢0 goiD% ¢on¢¢r Bawj on the WO w¢ bave F01 we bave not ]dtifiJ any nutuial rvlatiDg to events or C4)nditioDs iudivi(fillty iy wIleetivety. may east siguifiL dtht on the dMrAtsble #blty to o)ntiDue LS a going concern for a Pttlcd of at Rea twelvemonths frow WI th¢ Snancia] 5tatemeDts are for issu¢. Other wforwtKbn mitht&nettt in the fiDaneial statements thetDselv t£ (bn tbe work weh&ve rttform4 we conch¥Je that th Opillions other DJatteTS prucrlljed by the CompleS Ad I6 tD our OPiDiOffj bwd ou the in the course of the alL. . tbe iDfonuatioD given ID th¢ ReFQrt of tbe Tn for the fiDallCi Y wbi<L the 5claI stataneots are
tAudit(rs Matters on we*re reqMArtd to report by you 1£ OW OPTniO a SiiBte8ic Report orinmiD8 the RqM)rt of the Tntyt¢w. As explallied more thlty iu the Statanurt of Trusttts, the (who are kn th¢ dlc of the cboritsble company fr the purpxw of mpaDy law) ar¢ Mp)11]e for the Iwfjrati of the fjnaacial &atanellts and for beitig satisfied that they give a ttue and fair view. alld for into]]al control &5 th¢ tr]stets d&eTKThiu¢ is ¢ODtiEiue as a goiDg thsCIo a8 8pplidil4 mattas TrIal ty goin8 nce and using the going concero Page 8
AtOthe of ODr responEtt$ for the Rdti of the finmeiSI#leeHts mawiat MFSStste wbetber th to fraMI OT m. ¥ud to iwe a Re1 of th¢ Illdepetht A]]x5 that induths ow opinim ReAgODable L)r ts 8 higb Ie1 of iRrt is Jyrt 8 gurnitee that aD autht 1th¢ted . T] of llowomplian with laws alld regulations related to tbe * by the ccqjjpany. wbith were contrary to gppli(ble laws and I¢atiOnS tncluding frau4 atHI we ¢¥)nsid1 the exknt to nco-Co]nplixe migbt bave a nla1 eff¢t ou the fillauoial stat¢ents. We alg) corysi law5 alld r¢gu]ati(W tbat bave a direct Ipact (o and opportiiDities for ftauduknt 1Pall(0 of th¢ fina181 5tstaD¢Dts (Jncluthg the Iisk of overri& of ¢ontro]s), fitHDcial st*ernts noTmalc(gurse of bus .undert2kiDg detsile(1 gJbstsutivet¥tiDg ofTrattrial items aswleof otkn itezn5 aud¢xFeted treL . review of the conlia[1¢c alld efftrtiv of i[ttern ¢xqrtroi8 laws arLd regujatiotts is from the e¥ts 8nd traosadi0ts8 ID the fi11] &atementy the bTrely we would aware of IL Akn. the risk of not ddeeting a Materi MisStsknt to fr&KI is hi8her thall the Iisk of not A dewiptioD of our resPTrIAltieS for the aJJJit of the financial ststemeots is l(x¥t&J OD the Financial Reporting Couu¢il'$ WEbsire 8t www.frc.or&uklwthtoll Thi% desu4)t&on fonDS part of ReFrt of the ]ndependtAUditM.
Ishi Use ofonr rwrt This report ts m&le solely D) the rknitsble C(rfllpas as a ty. in xcordattct with Ch4tr 3 of PArt 16 of Francis Mwphy. FCA (SeDior Statry Auditcr) Stsbjtory Audttor 3FlOor Pa¢ifi¢ Cbam 11-13 Wictoria Street Merseyside L25Q Page io
ent 31.1223 31.1222 Totsi fimds fA)3 TnvattDent income 195J44 Is,198 19),801 Raiskng fvjjds 24J94 23J97 24J94 23.3YI Cknrstsble a¢tivi¢xs 618 1994 79278 146,457 206.184 Grts payable 236384 376.038 Net g2w00&se8) on iDve6ttnents 4th5266 (576.771) NET INCOMTJ(EXPENDITUBD (762.(KJ8) RECONCILIATIONOF FUNDS Total brnllgbt fonvrd As prei0slY r4 Priory adJUZrLt &753Mh5 70,011 7.585925 io 17 7585925 TOTAL Fuf4DS CAIUUED FORWARD 7,189J86 6.823,917 P88eli
Ba12llc£ Sh 31.1223 31.1222 fmds Total funds Tan1¢ assets Investsllents 1,576 6W226 6)6,137 12 1¥6 6361,733 13 3214 333J 1.970 497.083 3W27 4W,053 14 (36.869) 462.184 7J89586 63317 NET A&SETS 7.189586 6.823.917 16 7J89586 6.823317 7.189J86 6.8.917 Th&* fJnanc1 stst¢ments have io xc0rd8 with the FTOViSi(OS 4)plicable to ¢lL8tit4ble ¢ompanie8 SUbjt to the small Companies regime. us¢ knideot. Tn Pa8e 12
for the Year ACCOiJNfnYG POUCIES Baw of pr¢p•riq the fillaneul st¥t¢•e•ts The fi0CIal statements of the ¢Trlble coropw. wbi¢h is a p]bltc benefit ffltity undff FRS 102. have be¢n ReFwtitig Stalard applicable in the UK and Repubjic of tr¢lalld (FRS 102) (effedive l Jartuary 2019),. FinanciaI R¢Fthin8 Standd lir2 Tr FIDla1 Rwtin8 Ststthrd 44)]icable iu the UK arLd Republic of eI8ud' and the CompaDi&8 Act 2006. The fitmllcial $Wmts baye the hi8torieal eA)St Livfflpool Sbipbrokas BThQla &Kidy Jllcapor meets the defiDibrn of * public benefit entity ullder stated Intherelevanta0till8 wlicynot4s). IneomiDg T0r(¢S entitled to the itWA)me and the am(wJnt be ltified with re&Thabk acgjjrxy. The itivesttneDt all(ted to actiwties rn abasis COALSIt the ofrttwu. wbÈchTepTewts A fair aU0(stI as follows: and sa]aties Exditure includes VATwhue appli(abk as this i% Mt Veble bythe {JIty. TaDb fixed assets . 15Y• on rthingbalance Compwtr ¢quwi¢nt Taxat*)ll FDnd accounliDg Page 13
ACCoiJNG POLlCtES. eomliD•ed The thatitable company operat&5 a d¢fill contnbution FeZLSiOD schffAlle. C(otrLknorL8 payable to the cbltable COMF•5 potsioD s¢b¢tDe are (tsged to th¢ S¢atall¢Dt of Finla1 A#ivtsies iti the peFiod to whÈch r¢latr. Going ¢oJJeern collsidqed relevant 1llfonllati0 including th¢ aDnual b* aDd ffi]t¢ cash flows for the thlty in makin8 31.1111 31.1222 UK Companies & UDitTn 166962 157,192 24518 8.488 ¥96 190.198 3L1123 31.12.22 2V94 23397 Page 14
fjllVJg of Costs (s¢e D(e Totals 618 liiJ63 618 1994 79278 Grauts pay8bk 79278 111981 79278 2Q631 211,890 3L1123 31.12.22 stsff c(tsts 48,K29 84,485 1.775 337 2.IY2 1557 249 13,800 1219 1482 8945 12282 4.727 (4.508) Light alld he T¢lephrme 2944 411 10557 1974 Sundri6s Travel Expewes LegaVProfe&sion21 Fe Repairs glld R¢n¢wa15 A480 1,030 Lo$8 on sale of &4ets 111981 129542 GRArirs PAYABLE 31.1123 31.12.22 Gr80ts payable 79278 206.184 Ikniti8 the year 17 (2022.. 41) seprte Ixneficjati&SIl w fr(qll the&ity. P8ge 15 rxiDttrAue(L..
31.1123 31.1222 io 7500 4,727 (4.508) Stypb 00 thsrrtxal of fixed &ets ended 31 De4ber2022. 31 Ikeembts 21rrL. 31.1113 31.12.22 Wag¢s aud salaTi4S 74.491 1035 7959 6S2 84.485 Th¢ avw Dwnbu ofoDployx5 the yearw35 as fo]bws: 31.1123 31.1222 No employee w&$ paid ID exce&% Of£60.1 ptt aDtBJm ill 223. Pa8e 16 contin..
as Be 31 D1 2023 should have E¢ea reccffded ill the XC4JUDts the ye& Cad 31 Dffauber 2022. with a value of £70.010.73. butwbicb At l Jattuary 2023 ard 31 [knE<r223 7.416 1&720 DEPRECIATION At l January 2¢r23 Charge foryvdr 9.764 231 7J80 17.144 At 31 Deceth2023 7?85 17J80 NET BOOK VALUE At 31 Dec2023 31 At 31 fk¢aub¢r 2022 36 1.576 12. Li5tk At l January 2023 AddEtions 6J60,157 1.713.047 0,$9&698) 405,720 At31 [knxD2023 6W226 NET BOOKVALUE At 31 Dec¢mber 2023 6W226 At 31 Deceffjbo2022 6J60,157 At tbe balance thed d8t< illv&stmart as*$ beld (Xtside the UK totallol £4.156,788 (2022: £1,873,456). Page 17
cial Stat DEBTORS: AMOUm FALIING DiIE wrrHIN ONT YEAR 31.1111 31.1222 623 lJ47 1454 3214 1$70 3L1123 31.1222 Trade credItS 335 8336 28.198 1,105 17,52 36,869 15. 31.1223 31.1222 Within ()ne yegr B¢tw¢¢D one and fiv¢ ye 13.800 43.700 .71x1 57.5 Nei movallellt in funib Ptioryear adiw4Jrtent At 1.123 31.1223 General ffijnd 7W06 7QOII 365W 7.189586 7,189J86 Page18 ntill(L..
fttth 16. Net IDthM inthe ab)v¢are as follows: ill fimds Unrestsitted I1 195 84) 4W66 365,669 19&687 (W84) 4W66 365M9 CompT4tiY¢8 for wvern¢nt in fujmts Nrt DKsvtyaat in fimds At 31.1222 At1.122 UnMtri¢ted hj General fijud 7J85y25 (762.8} 6.823917 7585925 {762.18} 6.823.917 ill fuud8 190,801 (376,038) {576,771) (762,008) ISX).801 (376,038) (576.771) (762,Q118) Acullent year12 mcotFL8 alld Priory 12 montlLS tsfollow5: Ptioryear At 1.122 *ent Mov<nt At 31.1223 UDTestrieted 7585925 70.011 (396J39) 7259597 7585925 70.011 (396339) 7259597 Page 19
ev tbey Ett2023 A year 12 months and ye8r 12 (a)mbineAI D# llx)ve4Dl ID fimd% illclth in the above ¥re as follows: Gairns alld Movanent in fijnds 38A488 {612J22) {170J05) (396J39) 386.488 {612J22) (170505) 96,339) 17. The Charity opentes a defillol stheme for its anployee& thry the year. the c05t of the pe05ion sthme w&8 £9.094 (2U22: £79S9y The¥e weT¢no cithlxrtion outstalldingatthe year 19. ULTIMATE coNfROLUNG PARTY Control lies with tbe COUll of tnao4em¢DL Page 20