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||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|
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|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||||
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||||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|
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|||||||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|
##
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||||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|
##
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|||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).|||
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||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|
##
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|||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|
##
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|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|
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||||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|