| Trustees | Mr N Jones | ||||
|---|---|---|---|---|---|
| MrAP Pilkington | |||||
| Mrs EAshton | |||||
| Charity number | 234710 | ||||
| Principal address | 3rd Floor | ||||
| Rathbone Trust | Company | Limited | |||
| Port of Liverpool | Building, | Pier Head | |||
| Liverpool | |||||
| L3 1NW | |||||
| Auditor | KPH Audit &Assurance | Services Ltd | |||
| 225 Poulton Road | |||||
| Wallasey | |||||
| Wirral | |||||
| CH44 4BT | |||||
| Solicitors | Brabners LLP | ||||
| Horton House | |||||
| Exchange Flags | |||||
| Liverpool | |||||
| L2 3YL | |||||
| Investment | advisors | Evelyn Partners | Limited | ||
| Royal Liver Building | |||||
| Pier Head | |||||
| Liverpool | |||||
| Merseyside | |||||
| L3 1NW |
| Page | |||
|---|---|---|---|
| Trustees' report |
1-2 | ||
| Statement oftrustees' | responsibilities | ||
| Independent examiners |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Statement ofcash flows | |||
| Notes to the financial | statements | 8-13 | |
| Appendix I |
14 |
| Unrestricted | Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022 | 2021 | |||||
| Notes | f | |||||
| Income from: | ||||||
| Investments | 54,330 | 42,822 | ||||
| Ex enditure on: | ||||||
| Raising funds | 7,962 | 7,296 | ||||
| Charitable activities |
5,361 | 51,070 | ||||
| Total expenditure | 13,323 | 58,366 | ||||
| Net gains/(losses) | on investments | 10 | (143,627) | 332,794 | ||
| Net movement | in | funds | (102,620) | 317,250 | ||
| Fund balances | at 1' July 2021 | 2,492,370 | 2,175,120 | |||
| Fund balances | at | 30June 2022 | 2,389,750 | 2,492,370 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| Fixed assets | |||||||
| Investments | 2,100,187 | 2,392,919 | |||||
| Current assets | |||||||
| Debtors | 12 | 1,947 | 2,336 | ||||
| Cash at bank | and in | hand | 295,342 | 124,935 | |||
| 297,289 | 127,271 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | (7,726) | (27,820) | |||||
| Net current assets | 289,563 | 99,451 | |||||
| Total assets | less current liabilities | 2,389,750 | 2,492,370 | ||||
| Income funds | |||||||
| Unrestricted | funds | 2,389,750 | 2,492,370 | ||||
| 2,389,750 | 2,492,370 |
| ' 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | R | ||||||
| Cash flows from operating | activities | ||||||
| Cash absorbed by operations |
15 | (34,153) | (32,816) | ||||
| Investing | activities | ||||||
| Purchase | of investments | (166,541) | (367,836) | ||||
| Proceeds | on disposal of investments | 315,646 | 357,966 | ||||
| Investment | income received | 55,455 | 42,549 | ||||
| Net cash | generated from investing |
||||||
| activities | 204,560 | 32,679 | |||||
| Net cash | used in financing | activities | |||||
| Net increase/(decrease) in |
cash and cash | ||||||
| equivalents | 170,407 | (137) | |||||
| Cash and | cash equivalents | at beginning | ofyear | 124,935 | 125,072 | ||
| Cash and | cash equivalents | at end of | year | 295,342 | 124,935 |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2022 | 2021 | |
| Income from listed investments | 54,259 | 42,802 |
| Evelyn gross interest | 56 | |
| Barclays Bank gross interest | 15 | 20 |
| 54,330 | 42,822 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| f | E | |||
| Investment | management | fees | 7,962 | 7,296 |
| 7,962 | 7,296 |
| 2022f | 2021 | ||||
|---|---|---|---|---|---|
| Grant | funding | ofactivities | 44,000 | ||
| Share | ofgovernance | costs (see note 6) | 5,361 | 7,070 | |
| 5,361 | 51,070 |
| Support | Governance | 2022 | 2021 | ||
|---|---|---|---|---|---|
| costs | costs | ||||
| E | F | ||||
| Website hosting | 110 | 110 | 110 | ||
| Bank charges | 451 | 451 | |||
| Audit fees | 1,440 | ||||
| Legal and | professional | 4,800 | 4,800 | 5,520 | |
| 5,361 | 5,361 | 7,070 | |||
| Analysed | between | ||||
| Charitable | activities | 5,361 | 5,361 | 7,070 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| F | ||||
| Revaluation | of | investments | (115,270) | 329,428 |
| Gain/(loss) | on | sale ofinvestments | (28,357) | 3,366 |
| (143,627) | 332,794 |
| Fixed as | set investments | |
|---|---|---|
| Listed | ||
| investments | ||
| Cost or valuation | ||
| At 1 July | 2021 | 2,392,919 |
| Additions | 166,541 | |
| Valuation | changes | (115,270) |
| Disposals | (344,003) | |
| At 30June 2022 | 2,100,187 | |
| Carrying | amount | |
| At 30June 2022 | 2,100,187 | |
| At 30June 2021 | 2,392,919 |
| 12 | Debtors | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Amounts falling due |
within one year: | f | ||
| Other debtors | 1,947 | 2,336 | ||
| 13 | Creditors: amounts | falling due within one year | ||
| 2022 | 2021 | |||
| F | ||||
| Other creditors | 3,078 | 24,110 | ||
| Accruals and deferred | income | 4,648 | 3,710 | |
| 7,726 | 27,820 |
| 15 | Cash generated from |
operations | operations | 2022 | 2021 | ||
|---|---|---|---|---|---|---|---|
| F | |||||||
| (Deficit)/surplus for the |
year | (102,620) | 317,250 | ||||
| Adjustments for: |
|||||||
| Investment income recognised |
in statement | offinancial | activities | (54,330) | (42,822) | ||
| Loss/(gain) on disposal |
of investments | 28,357 | (3,366) | ||||
| Fair value gains and losses on | investments | 115,270 | (329,428) | ||||
| Movements in working |
capital: | ||||||
| (Increase) in debtors |
(736) | ||||||
| (Decrease)/increase in |
creditors | (20,094) | 25,550 | ||||
| Cash absorbed by operations |
(34,153) | (32,816) | |||||
| 16 | Analysis ofchanges | in net funds | |||||
| The charity had no debt during | the year. |