REGISTEREDCOMFANY NUfvfBER: LX1153719 (Tnglattd and Waks) Fzthl 31 fkcanber2023 11-13 Victoria Stre Livwl L2 1111 •JDc3￿3N. 2110912024 COMPANIES FIOUSE Live okers Ben¢vol¢ni S￿1 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 ITPla￿A (FRS 102) (effe£tive l January 2015) . {Cknili¢s SORP (FRS iir2)}, the FiDawiaJ Re￿￿t]D8 StaDtsd appltcabk ￿ the UK and RqNthLic of Jreland (FLS 102) aud tbe Companies A¢t 2006. GvYerDiBg docwDent The Society 1$ govthi￿a itL its xtivi¢i¢s by the M¢m((ath atMI A￿l&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 liwit￿l by Reernitinent xnd appoSll(ment of new trustees Tnts may appoiDt a M¢mbq * any ti￿e. dat¢ oftheir ILstekntion orre•eleiaio the Council of Mmw8ement and dLe FinaDx of the ￿1&y. H¢ i% 819) r¢4KwlJle f(f instn￿till8 the The S￿l&￿s S• is Wwrel who i8 the Q￿Y salarioj stsff mallbu. The i8 Tespott8Jl)le for tbe dayto day I￿DIng aad of the &Kiety and baismg witb E¢nefftt&i&s. outside 8geoci and iDstitiJtiODS. Th¢ So¢iety eEuploys no (sthtr stsff ￿lo￿allY the ScKiety wloyes C￿R￿lItants. &% and wh InduetiOB and trainSng of Rew tr￿teeS a) abriefbistory of tlLe Society: b) a¢opy ofthe Memordll(thm gndATti¢k8 ofAs5(Kith4" d) all explanation of tbe ir¢ wbith the s￿idY is fj thepolicies ofthe S(￿1&Y re8￿ F4wI c￿￿1¢ts0fI￿￿ togth withthe Mi48ion Staterne￿t of Ihe So¢iety. Newly appoiDted tswtees wlll thett also be to 8tteDd tb¢ Soci&ys offi(rs for an inJl ofmwonent methgs. The s￿$ role tb¢ society i8 to 4)pty the 88re&l critAia ID ordu to an IDit￿l 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 i*x2tr23 Ihe Objects of wbith are L¥mts]n￿iW1￿Ill th¢ &Ki¢tys MqllorJnth. Try rn￿bers 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 Liv*FwL 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 Obi￿ts of the S(*xdy ￿ its plicy tQW8r&8 thrAe obj¢ts sinct the l&¢ TA exercisiDg their powets and duties tbe Sc¢i*s trust¢¢s bave sbown reg&d to the gUida￿e ￿ 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 ab￿￿eS 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 reth*ptoJ (bmg the year review. The Sc¢i*s 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 qU￿lty of lift of its ttneficiari&s by the pr)itsii)n of finati¢l￿ 49sistallt¢ wbicb may ¢ genera] or, tllore r￿ety. with tbe pattojjaraim of rdtessing a wific sbortfalL To tbis end the Socie￿5 invtstDents (a ETe*down ofwbi(* ￿ conts1￿ wtibtD the acwjnts) wete held ia 8 balan￿d [￿0]10 wbicFL W&9 p]aced with Evetyn who 8L80 providcdthe &￿Idy￿Ith finaDcial &fvi(t. Fthentially the Soctety% obiectiv&s are a) to maintsin the levds ofgrant to E*nefieiaTies W]￿re possiTr*l 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. Tak￿g of the Net 8ains on iDvesttttents of£4￿1266. 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 2￿23 sbowed an incte&se of £365.669 to £7.189.586 (2022.. £6,823.917). R]sin8 dividod yah￿S and aD inL7ea5¢ ill tELe Value of the Soci*s I￿Vestment have iJnpmveA the in¢(xo¢ ￿ its balanc¢ sheet Cb*rltable 8clivit*5 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 ￿joY￿1 AppliC￿lons for &8si¥tance from d￿Ving and nox&sitow t*(¥le aye consid￿d by the CouD¢iI of Rd¢rvts polky The S(￿l￿s 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 m￿seY51de, 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 2￿22 to £195.687 in 2023. Tofal eX&￿d[r￿e decre&sed from £376.038 ill 2tr22 to ￿36284 D 2023. Takng accouTrt of Net gdiDS on inv￿llents of£41f2266, net illcmie rose by £1.127.6ri to £365.669. c￿ltable 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 p￿d in VAT i% ￿J￿y￿b￿ by the Soci*. srATEMENfS OF COI¥FIRMATION b) de]ay5 or sborrfalls in c&sh Tea]i8ati¢)Ls" C*)tttuul￿c￿ts &$ th￿lOSed th¢ Notes of the Fttuu¢ia] Sttsn th¢ ¢ffe(* ofrevah￿*loll of fjxell as￿8. donor that bave atole iu the affairs of the Society" d) Iw l)een included settl￿8 out the Couocilof iu r• ofthe Anllll￿ Report requred to be included ill the TnLSt¢e's rqX*thav¢1￿ iDclw]ed i0theAn￿jaI 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 14yon￿Ble the a*sets 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 AUD￿oRs 1q..g¢P..I￿￿..2DWLQ. Approved by orthr of the b￿d oftrustees CQ_..._ . ...... .............. and3E￿I ou its beha]fby: Page 6 Compan￿) for th¢ yegr euded 31 D￿lbe￿ 2W23 wbith ColD￿ the Statana)t of Fitiancial Aetivia4 the Balance TryWrtuig fr3wewO￿ that ha5 EÉ¢n app]iol ID tber As apP]iL￿1¢ law and UDitsJ Kingdom Accountiog . give a tru¢ ￿1[ view of the th ofthe dJaTitsbk wtrtpatys affai[5 as at 31 LkcallEer 2￿23 8td of its it*OmiDg BL8Lg for oplnion We con(tuct¢d our a]Ldil iu WJTdauce witEL llltana￿ Standards on A￿llti￿g (UK) (tSAs (UK)) And aFplicable Iaw. l)Jr w0n￿￿)Iltscs those &8￿rdS are fjjrthtr itk th¢ Au(litor5' respcffJsibi]itses for tbe audit of ¢thica] requiraDents that fflevaut to audit of Ihe fill￿Clai ststallerAs irk the UK illchthg the FRCS Etbical Com¢Ra¥ion8 T*IA¢iDt ¢0 goiD% ¢on¢¢r Bawj on the WO￿ w¢ bave F￿0￿1￿ we bave not ]d￿tifi￿J any nutuial rvlatiDg to events or C4)nditioDs iudivi(fillty iy wIleetivety. may east siguifiL* d￿tht on the dMrAtsble #bl￿ty 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 Comp￿leS Ad I￿6 tD our OPiDiOffj bwd ou the in the course of the a￿lL. . tbe iDfonuatioD given ID th¢ ReFQrt of tbe Tn￿ for the fiDallCi￿ Y￿ wbi<*L the 5￿claI 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 TrIa￿l ty goin8 ￿nce￿ and using the going concero Page 8 A￿tOthe of ODr respon￿￿￿Et￿t$ for the *Rdti of the fin*mei￿SI#le￿eHts mawiat MFSStste￿￿ wbetber th* to fraMI OT m. ¥ud to iwe a Re￿1 of th¢ Illdepetht A￿]]￿x5 that induths ow opinim ReAgODable L￿)r￿ ts 8 higb I￿e1 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 ¢¥)nsid￿￿1 the exknt to nco-Co]nplix￿e migbt bave a n￿la1 eff¢t ou the fillauoial stat¢￿ents. We alg) corysi￿ law5 alld r¢gu]ati(W tbat bave a direct I￿pact (o and opportiiDities for ftauduknt ￿1P￿all(0 of th¢ fina￿181 5tstaD¢Dts (Jncluthg the Iisk of overri& of ¢ontro]s), fitHDcial st*ern￿ts noTmalc(gurse of bus￿ .undert2kiDg detsile(1 gJbstsutivet¥tiDg ofTrattrial items aswleof otkn itezn5 aud¢xFeted treL . review of the con￿lia[1¢c alld efftrtiv￿ of i[ttern￿ ¢xqrtroi8 laws arLd regujatiotts is from the e¥￿ts 8nd traosadi0ts8 ID the fi￿￿￿11] &atementy the bTrely we would aware of IL Akn. the risk of not ddeeting a Materi￿ MisStskn￿t to fr&KI is hi8her thall the Iisk of not A dewiptioD of our resP￿TrIAltieS for the aJJJit of the financial ststemeots is l(x¥t&J OD the Financial Reporting Couu¢il'$ WEbsire 8t www.frc.or&uklwthto￿￿￿ll￿￿ Thi% desu4)t&on fonDS part of ReF￿rt of the ]ndepend￿tAUditM. Ishi Use ofonr rwrt This report ts m&le solely D) the rknitsble C(rfllpa￿s as a t￿y. in xcordattct with Ch4tr 3 of PArt 16 of Francis Mwphy. FCA (SeDior Stat￿ry Auditcr) Stsbjtory Audttor 3￿FlOor 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 Gr￿ts payable 236384 376.038 Net g2w￿00&se8) on iDve6ttnents 4th5266 (576.771) NET INCOMTJ(EXPENDITUBD (762.(KJ8) RECONCILIATIONOF FUNDS Total brnllgbt fonv*rd As pre￿i0￿slY r4 Priory￿ adJU*ZrL￿t &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 Tan￿￿1¢ 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 6￿3317 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 SUbj￿t 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 fi0￿CIal statements of the ¢Tr￿l￿ble coropw. wbi¢h is a p]bltc benefit ffltity undff FRS 102. have be¢n ReFwtitig Sta￿lard applicable in the UK and Repubjic of tr¢lalld (FRS 102) (effedive l Jartuary 2019),. FinanciaI R¢Fthin8 Stand￿d lir2 Tr FID￿la1 Rwtin8 Ststthrd 44)]icable iu the UK arLd Republic of eI8ud' and the CompaDi&8 Act 2006. The fitmllcial $Wm￿ts baye the hi8torieal eA)St Livfflpool Sbipbrokas BThQla￿ &Kidy Jllcapor*￿ meets the defiDibrn of * public benefit entity ullder stated Intherelevanta￿0￿till8 w*licynot4s). IneomiDg T￿0￿r(¢S entitled to the itWA)me and the am(wJnt be ￿ltified with re&Thabk acgjjrxy. The itivesttneDt all(￿ted to actiwties rn abasis COALSI￿t ￿ the ￿ ofrttwu￿. wbÈchTepTewts A fair aU0(stI￿ as follows: and sa]aties Ex￿diture includes VATwhue appli(abk as this i% Mt ￿Ve￿ble bythe {J￿Ity. TaD￿b￿ fixed assets . 15Y• on rthingbalance Compwtr ¢quwi¢nt Taxat*)ll FDnd accounliDg Page 13 ACCoiJ￿NG POLlCtES. eomliD•ed The thatitable company operat&5 a d¢fill￿ contnbution FeZLSiOD schffAlle. C(otrLknorL8 payable to the cb￿ltable COMF•￿5 potsioD s¢b¢tDe are (tsged to th¢ S¢atall¢Dt of Fin￿la1 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 th￿lty 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 fjllVJ￿g 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$8 on sale of &4ets 111981 129542 GRArirs PAYABLE 31.1123 31.12.22 Gr80ts payable 79278 206.184 Ikniti8 the year 17 (2022.. 41) seprte Ixneficjati&S￿I￿l w fr(qll the&ity. P8ge 15 rxiDttrAue(L.. 31.1123 31.1222 io 7500 4,727 (4.508) Stypb￿ 00 thsrrtxal of fixed &￿ets ended 31 D￿e4￿ber2022. 31 Ikeembts 21rrL. 31.1113 31.12.22 Wag¢s aud salaTi4S 74.491 1035 7959 6S2 84.485 Th¢ avw Dwnbu ofoDployx5 the yearw35 as fo]bws: 31.1123 31.1222 No employee w&$ paid ID exce&% Of£60.1￿ ptt aDtBJm ill 2￿23. Pa8e 16 contin￿￿.. as B￿e 31 D￿1 2023 should have E¢ea reccffded ill the XC4JUDts the ye& Ca￿d 31 Dffauber 2022. with a value of £70.010.73. butwbicb At l Jattuary 2023 ard 31 [knE