# 



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|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||||





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||||Page|
|---|---|---|---|
|Trustees'<br>report|||1-2|
|Statement oftrustees'||responsibilities||
|Independent<br>examiners||report||
|Statement offinancial||activities||
|Balance sheet||||
|Statement ofcash flows||||
|Notes to the financial|statements||8-13|
|Appendix<br>I|||14|





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|||||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<br>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|





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|||||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|





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|||||' 2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||R||
|Cash flows from operating||activities||||||
|Cash absorbed<br>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<br>from investing|||||||
|activities|||||204,560||32,679|
|Net cash|used in financing|activities||||||
|Net increase/(decrease)<br>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|





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||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|



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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
||||f|E|
|Investment|management|fees|7,962|7,296|
||||7,962|7,296|





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|||||2022f|2021|
|---|---|---|---|---|---|
|Grant|funding|ofactivities|||44,000|
|Share|ofgovernance||costs (see note 6)|5,361|7,070|
|||||5,361|51,070|



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|||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|



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||||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|



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|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<br>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|





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|15|Cash generated<br>from|operations|operations|||2022|2021|
|---|---|---|---|---|---|---|---|
||||||||F|
||(Deficit)/surplus<br>for the|year||||(102,620)|317,250|
||Adjustments<br>for:|||||||
||Investment<br>income recognised||in statement|offinancial|activities|(54,330)|(42,822)|
||Loss/(gain)<br>on disposal|of investments||||28,357|(3,366)|
||Fair value gains and losses on||investments|||115,270|(329,428)|
||Movements<br>in working|capital:||||||
||(Increase)<br>in debtors|||||(736)||
||(Decrease)/increase<br>in|creditors||||(20,094)|25,550|
||Cash absorbed<br>by operations|||||(34,153)|(32,816)|
|16|Analysis ofchanges|in net funds||||||
||The charity had no debt during||the year.|||||