2023-06-30-accounts

Trustees		Mr N Jones
		MrA P Pilkington
		Mrs EAshton
Charity number		234710
Principal address		3rd Floor
		Rathbones Trust	Company	Limited
		Port ofLiverpool	Building,	Pier Head
		Liverpool
		L31NW
Independent	examiner	John Duffy
		Rathbones Trust	Company
		Port ofLiverpool	Building
		Pier Head
Solicitors		Brabners LLP
		Horton House
		Exchange Flags
		Liverpool
		L23YL
Investment	advisors	Evelyn Partners	Limited
		Royal Liver Building
		Pier Head
		Liverpool
		Merseyside
		L3 1NW

			Page
Trustees' report			1-2
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the financial	statements		7-14

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
			Notes
Income from:
Investments				54,506	54,330
Expenditure on:
Raising funds				7,607	7,962
Charitable activities				56,185	5,361
Total expenditure				63,792	13,323
Net gains/(losses)	on investments		10	41,577	(143,627)
Net income and movement		in funds		32,291	(102,620)
Reconciliation of	funds:
Fund balances at 1 July 2022				2,389,750	2,492,370
Fund balances at	30June 2023			2,422,041	2,389,750

							2023		2022
				Notes
Fixed assets
Investments					12		2,198,236			2,100,187
Current assets
Debtors					13	346			1,947
Cash at bank and in	hand					225,909			295,342
						226,255			297,289
Creditors: amounts	falling due within				14
one year						2,450			7,726
Net current assets							223,805			289,563
Total assets less current		liabilities					2,422,041			2,389,750
The funds ofthe charity
Unrestricted funds							2,422,041			2,389,750
							2,422,041			2,389,750
						24 April	2024	i 1:11PM	BST
The financial statements		were approved	by the		trustees	on ...
Docugigned by:		Docugigned		by:
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					2023		2022
				Notes
Cash flows from operating			activities
Cash absorbed by operations						(68,332)		(34,153)
Investing	activities
Purchase	of investments				(797,055)		(166,541)
Proceeds	on disposal of investments				740,583		315,646
Investment	income received				55,371		55,455
Net cash	(used in)/generated		from
investing	activities					(1,101)		204,560
Net cash	used in financing		activities
Net (decrease)/increase in		cash and		cash
equivalents						(69,433)		170,407
Cash and	cash equivalents	at beginning		ofyear		295,342		124,935
Cash and	cash equivalents		at end of	year		225,909		295,342

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
Income	from listed investments	54,204	54,259
Gross	broker interest	276	56
Gross	bank interest	26	15
		54,506	54,330

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
				E
Investment	management	fees	7,607	7,962
			7,607	7,962

			2023	2022
Grant	funding ofactivities		51,000
Share	ofgovernance	costs (see note 6)	5,185	5,361
			56,185	5,361

Support costs allocated to activities
	Heading	Total
	«ac982
	2023	2022
Governance	5,185	5,361
	2023	2022
Governance costs comprise:
Audit fees	72
Legal and professional	4,800	4,800
Share ofsupport costs	313	561
	5,185	5,361

9	Donations	made during	the year	(Continued)
	Wateraid			1,000
	Full Fact			1,000
				51,000

Gains and	los	ses on investments
			Unrestricted	Unrestricted
			funds	funds
			2023	2022
Gains/(losses)		arising on:
Revaluation	of	investments	77,897	(115,270)
Sale ofinvestments			(36,320)	(28,357)
			41,577	(143,627)

12	Fixed as	set investments
				Listed
				investments
	Costorvaluation
	At 1 July	2022		2,100,187
	Additions			797,055
	Valuation	changes		77,897
	Disposals			(776,903)
	At30June 2023			2,198,236
	Carrying	amount
	At30June 2023			2,198,236
	At30June 2022			2,100,187
13	Debtors
			2023	2022
	Amounts	falling due within one year:	f.
	Other debtors		346	1,947

Creditors: amounts falling due within one year
	2023	2022
Other creditors		3,078
Accruals and deferred income	2,450	4,648
	2,450	7,726

		At	1	July 2022	Incoming resources	Resources expended	Gains and losses f	At30 June 2023 f
General	funds			2,389,750	54,506	(63,792)	41,577	2,422,041
Previous	year:	At	1	July 2021	Incoming	Resources	Gains and	At 30June
					resources	expended	losses	2022
General	funds			2,492,370	54,330	(13,323)	(143,627)	2,389,750

18	Cash generated from operations	Cash generated from operations			2023	2022
	Surplus/(deficit) forthe year				32,291	(102,620)
	Adjustments for:
	Investment income recognised	in statement	offinancial	activities	(54,506)	(54,330)
	Loss on disposal of investments				36,320	28,357
	Fair value gains and losses on	investments			(77,897)	115,270
	Movements in working capital:
	Decrease/(increase) in debtors				736	(736)
	(Decrease) in creditors				(5,276)	(20,094)
	Cash absorbed by operations				(68,332)	(34,153)