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|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|||
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||||Page|
|---|---|---|---|
|Trustees'
report|||1-2|
|Independent
examiner's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Statement ofcash flows||||
|Notes to the financial|statements||7-14|
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|||||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|
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||||||||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:|||||||
|%'g'%%&ngto n||'ic55I&iL 4DF|||||8$$'P"%Sfeon||||
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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|
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|||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|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
|||||E|
|Investment|management|fees|7,607|7,962|
||||7,607|7,962|
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||||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|
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|9|Donations|made during|the year|(Continued)|
|---|---|---|---|---|
||Wateraid|||1,000|
||Full Fact|||1,000|
|||||51,000|
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|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)|
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|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|
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|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|
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|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)|