2023-03-31-accounts

	Page
Trustees' report	1-8
Auditors' report	9-11
Statement offinancial activities	12
Balance sheet	13
Cash flow statement	14
Notes to the accounts	15-24

Directors oftrustee	Directors oftrustee	' Lady Pilkington (Kirsty)	' Lady Pilkington (Kirsty)	' Lady Pilkington (Kirsty)
companies		, Mr D J Bricknell Mr J A S Pilkington
		Mr D C Pilkington
		' Mr J McKenna
		Mr J Money
		Ms J Halligan
		Ms J Tomkinson
Executive officer		Mr P Morgan
Senior management		Mrs S Desmond
		. Ms K Greenhalgh
		Mrs J Mafi (to 30June			2022)
		Mrs P Milligan (from		26June 2022)
		Mrs D Swift
Principal office		Enterprise Offices
		: Salisbury Street
		St Helens
		Merseyside
		' WA10 1FY
Charity number		i 237623
Auditors		', Livesey Spottiswood		Limited
		: 17George Street
		. St Helens
		Merseyside
		WA10 1DB
Bank		: National Westminster			Bank Plc
		Ormskirk Street
		St Helens
		Merseyside
		WA10 1DR
Investment	managers	CCLA
		' One Angel Lane
		London EC4R 3AB
		Sarasin 5Partners	LLP
		' Juxon House
		100St Paul's Churchyard
		London EC4M 8BU

			Notes	Restricted funds	Unrestricted endowment fund	Total funds	Total funds
					2023	2023	2022
					E	E	f
Income and endowments		from:
Investments					3,105,095	3,105,095	3,048,315
Donations, legacies and grants				5,250	70,680	75,930	209,076
Charitable activities:
UK benefits and services					100,527	100,527	94,162
Ruskin Lodge respite care					284,384	284,384	161,532
Other					3,395	3,395	12,632
Total income				5,250	3,564,081	3,569,331	3,525,717
Expenditure on raising funds:
Investment management	costs				1,500	1,500	1,500
Expenditure on charitable
activities:
UK benefits and services				2,579	1,282,828	1,285,407	1,188,757
Ruskin Lodge respite care					1,304,762	1,304,762	1,169,219
Visiting beneficiaries					674,117	674,117	610,060
Overseas benefits and services				5,000	200,053	205,053	160,903
Donation to Willowbrook Hospice					75,000	75,000	75,000
Charitable expenditure				7,579	3,536,760	3,544,339	3,203,939
Total expenditure			4,5	7,579	3,538,260	3,545,839	3,205,439
Net income and movement		in
funds before gains and losses on				(2,329)	25,821	23,492	320,278
investments
Net gains/(losses) on investments					(4,882,949)	(4,882,949)	5,090,418
Net movement in funds				(2,329)	(4,857,128)	(4,859,457)	5,410,696
Reconciliation offunds:
Total funds brought forward				16,001	102,613,255	102,629,256	97,218,560
Total funds carried forward				13,672	97,756,127	97,769,799	102,629,256

Cash flow statement for the year	ended	31March 2023	31March 2023
			2023	2022
			f	f
Cash flows from operating activities
Net cash from/(used in) operating	activities:		(3,030,890)	(2,658,788)
Cash flows from investing activities
Purchase of investments				(1,000,000)
Purchase ofequipment, furniture and vehicles			(39,385)	(65,125)
Proceeds from sale of investments			3,027
Dividends and interest from investments			3,105,095	3,048,315
Receipt for sale offixed assets				14,971
Net cash (used by)/provided byinvesting
activities			3,068,737	1,998,161
(Decrease)/ Increase in cash in the period			37,847	(660,627)
Net funds at start ofyear			1,073,218	1,733,845
Net funds at year end (31March)			1,111,065	1,073,218
Reconciliation ofnet income/(expenditure)		to net	cash flow from operating	activities
Net income/(expenditure) and movement		in
funds			(4,859,457)	5,410,696
Adjustments for:
Depreciation charges			85,598	93,905
(Gains)/losses on investments			4,882,949	(5,090,418)
Dividends and interest from investments			(3,105,095)	(3,048,315)
(Profit)/Loss on sale offixed assets			850	(8,482)
(Increase)/decrease in debtors			(25,890)	(15,206)
Increase/(decrease) in creditors and	provisions		(9,845)	(968)
Cash flow from operating activities				(2,658,788)
Analysis ofcash as at 31March
Cash at bank			544,005	725,930
Deposits held by investment managers			567,060	347,288
Total cash			1,111,065	1,073,218

						2023	2022
						f	f
Investments	listed		on	a recognised	stock exchange	3,098,720	3,047,929
Interest on	cash	held		by investment	managers	2,728	99
Bank interest						3,647	287
						3,105,095	3,048,315
3. Grants,	donations			and legacies
						2023	2022
						f	f
General grants:
—Pilkington	Charities			Fund		70,000	70,000
—Job retention		scheme (COVID-19)					109,014
Restricted	grants:
- Rainford	Trust					5,000	5,000
- Local authority			(various COVID-19)				24,217
Restricted	donation					250	500
Other donations						680	345
						75,930	209,076

. Resources expended
			Apportioned
		Direct costs	support costs	Total	Total
				2023	2022
				f	f
Cost ofgenerating funds
Investment management	costs	1,500		1,500	1,500
Charitable activities
UK benefits &services		1,037,727	247,680	1,285,407	1,188,757
Ruskin Lodge respite care		1,117,648	187,114	1,304,762	1,169,219
Visiting beneficiaries		426,437	247,680	674,117	610,060
Overseas benefits and services		179,459	25,594	205,053	160,903
Donation to Willowbrook	Hospice	75,000		75,000	75,000
		2,837,771	708,068	3,545,839	3,205,439

			Ruskin
		UK benefits	Lodge	Visiting
		&services	respite care	beneficiaries	Overseas	Total	Total
						2023	2022
				f	f	f	f
Governance		32,149	32,149	32,149	10,717	107,164	111,118
Corporate		16,031	32,061	16,031	8,077	72,200	79,177
Finance		38,540	38,540	38,540	6,800	122,420	108,390
Human
resources		24,345	69,764	24,345		118,454	113,043
Community	care
administration		136,615	14,600	136,615		287,830	263,470
Total		247,680	187,114	247,680	25,594	708,068	675,198

			Unrestricted	Restricted	Total	Total
			2023	2023	2023	2022
			f	f	f	f
Services provided:
Personal care and sitting service			138,418		138,418	138,869
Dementia support			46,002		46,002	39,548
Domestic assistance			423,728		423,728	418,373
Home meals and laundry			141,815		141,815	128,495
Gardening and security			10,550		10,550	9,625
Hairdressing			47,872		47,872	44,686
Day centre services			109,442	2,500	111,942	80,836
Active leisure/contact	groups		52,607	79	52,686	38,570
Prism/calendar			50,986		50,986	40,207
Total services provided			1,021,420	2,579	1,023,999	939,209
		Number
		of
Grants to individuals:
		grants
		~2022 23
Hairdressing		67			821	997
Domestic assistance		11			440	640
Gardening		108			10,800	11,800
Discretionary					1,020	250
Total grants to individuals					13,081	13,687
Gifts/ Christmas provisions					647	972
Total direct costs					1,037,727	953,868
Community care
administration and support
costs					247,680	234,889
Total expenditure on UK
benefits and services					1,285,407	1,188,757

		2023	2022
Charitable		46	47
Management	and administration	6	6
Staff costs
		2023	2022
		E	f
Wages and salaries		1,536,549	1,400,859
Social Security costs		129,279	108,795
Pension contributions		225,661	208,777
		1,891,489	1,718,431

			2023	2022
f60,000	—f69,999
f80,000	- f89,999
This excludes pension contributions		off17,727 (2022:f10,078).

	Freehold,		Furniture
	land &		fittings &
	buildings	Vehicles	equipment	Total
Assets at cost
Balance at 1April 2022	1,800,203	289,372	365,573	2,455,148
Additions		39,385		39,385
Disposals		(46,632);		(46,632)
Balance at 31March 2023	1,800,203	282,125 '	365,573	2,447,901
Depreciation
Balance at 1April 2022	1,247,970	125,602	288,087	1,661,659
Charge for the year	36,220	32,588	16,790	85,598
Disposals		(45,782)		(45,782)
Balance at 31March 2023	1,284,190	112,408,	304,877	1,701,475
Net book value
At 31March 2023	516,013:	169,717	60,696	746,426
At 31March 2022	552,233	163,770	77,486	793,489

. Fixed Asset	Invest	ments
		Listed UK	Overseas	Managed		Cash held	Total
		equities	and other	funds		on
			investments			deposit
				f	'	f	f
Market value			3,318;	100,819,115		347,288	101,169,721
01April 2022
Additions at cost						500,000	500,000
Net cash movement	in					(280,228)	(280,228)
the year
Disposal proceeds			(3,027)				(3,027)
Realised profit/(loss)	on		(4,573):				(4,573)
disposals
			(4,282)	100,819,115		567,060	101,381,893
Net unrealised			4,282	(4,882,658)			(4,878,376)
investment
gains/(losses)
Market value
31March 2023				95,936,457,		567,060	96,503,517
Historical cost
31March 2023				91,294,839,		567,060	91,861,899
Histo rica I cost
31March 2022			7,600	91,294,839,		347,288	91,649,727

			2023	2022
			f	E
Pilkington	Charities	Fund	17,500	17,500
St Helens	MBC		45,945	15,038
Other debtors			55,384	60,401
			118,829	92,939

1. Creditors: amou	nts falling due	within on
	2023	2022
	f	E
St Helens MBC	0	449
Other creditors	99,404	109,579
	99,404	110,028

			Cumulative leave	Refurbishment	Total
01April	2022		22,002	20,793	42,795
Additions			1,484	10,000	11,484
Used in the year			(4,538)	(6,167)	(10,705)
Unused	reversed	in
the year
31March 2023			18,948	24,626	43,574

		Balance		Movement	offunds	Balance
		31March	2022	in the year		31March	2023
				Income	Spend
					f
Pensioners	Club		709		(79)		630
Minibus			14,792		(2,500)		12,292
South Africa				5,000	(5,000)
Garden furniture			500				500
Doncaster activities				250			250
			16,001	5,250	(7,579)		13,672

4. Analysis ofnet assets between fu	nds
	Restricted funds	Unrestricted endowment	Total funds
		fund
		E
Fund balances at 31March 2023 are
represented by:
Tangible fixed assets	12,922	733,504	746,426
Investments		96,503,517	96,503,517
Net current assets	750	562,680	563,430
Provision for liabilities		(43,574)	(43,574)
Total net assets	13,672	97,756,127	97,769,799

			2023	2022
			f	f
Operating	leases	which expire:
within one year			56,375	14,353
between		one and five years	42,656	153,018
			99,031	167,371