Cecil and Alan Pilkington Trust
Fund Annual Report
Trusteesl Annual Report and Accounts for the year ended 31 March 2026
(Registered Chaiity No: 237623)
I.ANC=A%IIIIII.
Pilkington
Family Trust

Trustees, Report and Accounts ft)r the year ended 31 March 2026
Contents
Page
Trustees, report
Reference and administrative Information
Chair's report
Our Beneficiaries and Mission
Our Values
Our Amibition
Progress in 2025
Our Impact, activities and achievemenls
Our Stsff, Volunteers, and Partners
Our Plans
Our Finances
Further information
Audltors, report
14-15
Statement of flnanclal actlvltles
16
Balance sheet
17
Cash flow statement
18
Notes to the accounts
19-28

ReferenGe and administrative inforniation
Pilkington Family Trust
Enterprise Centre
Salisbury Street
St Helens
Merseyside
01744414820
Ruskin Lodge
Swinbume Road
St Helens
Merseyside
WA10 6AW
0174420010
Audltors
Livesey Spottiswood Limit8d
17 George Street
St Helens
Merseyside
WA10 1DB
Bankers
National Westminster Bank PLC
Omiskirk Street
St Helens
Merseyside
WA10 1DR
Dlrectors ol the Trustee Companles
The Trust has two corporate trustees.
RegIste￿d Charlty Number
237623
Pilkington Employees Trustee (No.1)
Limited (Company number 01161784)
The Pilkington Family Trust
The charity together with its associaled
companies work under the umbrella
name of The Pilkington Family Trust
Pilkington Employees Trustee {No.2)
Limited {Company number 01161785)
The Directors of those companies are".
Lady Pilkington (Kirsty)
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
Inveslment Managers
CCLA
One Ang81 Lane
London
EC4R 3AB
Sarasin & Partners LLP
50 George Street
London
W1U 7DY
Chlef Executlve Officer
Ms V Simon
Senior Management
Ms J Boote
Mr G Colville
Mrs S Desmond
Ms A Holden

Chair's report
As a former employee of Pilkington's. I've been aware of, and involved with, the Pilkington
Family Trust for 50 years. It's a great privilege to lead an outstanding team in the vital work that
they do to support our beneficiaries to maintain their Independen￿ in the community-
At this time of increasing pressures on social care we aim to bridge some gaps. From delivery of
nutritious meals to hosting daytime companionship. from helplines to specialist support for those
with dementia, our mission is to enhan￿ the qualty of lrfe for our beneficiaries.
Looking ahead, we are excited about the opportunities thal lie before us.
We are committed to building on our successes and exploring new opportunities to better meet
the needs of those we support.
David Bricknell
Chair of Trustees
Our Beneficiaries and Mission
Our mission stalement is:. There to SUPPORT when needed
For generations the Pilkingion Family Trust has supported the people and communities shaped
by the Pilkington legacy. Its roots stretch back to the 191h century. when Dr. William Pilkington
and his son Richard began charitable work to help children from poor families in St Helens. Over
time the family's commitment grew - establishing funds and welfare initatives Ihat cared for
employees, pensioners, and those facing hardship. These merged into the Cecil & Alan
Pilkington Trust Fund known as the Pilkington Family Trust. Members of the Pilkington Family
are still active members of our board of trustees.
Our mission continues this tradition: to honour that legacy by providing meaningfvjl, lasting
support to our beneficiaries and communities today.
Our activities are currently focused on supporting older adults to live well, maintain their
independence and stay connected within their communities. On 31 March 2026 we had contact
with 6,000 beneficiaries in Ihe United Kingdorn and approximalely 1,400 beneficiaries overseas
in Australia and New Zealand, Canada, and South Africa.

Our Values
Our four values are the backbone of our charity-created by our teams. shaped by real
experien￿, and rooted firmly in how we work every day. They reflect what we stand for, how we
support our beneficiaries. and the standards we hold ourselves to. Together, they give us a
clear, shared compass to act with purpose and deliver meaningful impact.
Compassion
Ownership
InclusAvity
Excellence
ond o willingn8SS
to help.
accountoble lor
our OCiicfi&
diverse p8rsp8etw
ond oxwriancos.
to quolity will
set us opart.
Our Ambition
In 2025 we took important steps to position the charity for the future. We undertook a
comprehensive review of our existing offer, deepened our understanding of the needs of our
beneficiaries and communities, and initiated transformational improvements to our intemal
processes and systems. These changes are helping us to become more efficienl, more
responsive, and better equipped to meet both currenl demands and future opportunities.
Over this period, we have developed a clearer picture of the changing profile of the people we
support and gained valuable insight into how our services mak& a meaningful difference in their
lives - both now and in the longer temi. Alongside this, we have strengthened our approach to
measuring impact, enabling us to better evidence the outcomes of our work and the value we
Create.
Our ambition remains to deliver high-quality services that create lasting change. Building on the
strong foundations established in 2025, we are focusing our resources where they can have the
greatest impact. as set out in our 2026-2028 Strategic Plan.
Progress in 2025
During 2025 we saw a notable increase in the number of beneficiaries requiring our meals
delivery service. This reflects the growing challenges many older people face in maintaining a
healthy diet, particularly when recovering from ill health or when their ability to shop and prepare
meals is reduced.
Our Welfare Teams also reported a rise in incidents relating to scams and financial abuse,
underlining the increasing vulnerabilities experienced by older people. At the same time,
demand for high-quality. affordable respite provision remained consistently high in the St Helans
area.
We have responded proactively to these challenges, ensuring that advice and support are
accessible to those who need them most. We have embedded agile working across teams so
that beneficiaries can obtain appointments at a time to suit them.
In response to growing demand for our meals service in St Helens, we streamlined operations to

strengthen service capacity and ensure older people can consistently access nutritious hot and
cold meals.
We also redesigned our dementia activity provision. placing greater emphasis on personalised
support in environments that are welcoming. indusive and responsive to individual needs.
At Ruskin Lodge. we implemented our-Go Forward Plan. reshaping our intemal teams and
introducing digital care plans. These changes are transforming how we work, enhancing
efficiency, and strengthening our commitment to delivery of high-quality. person-centred care.
Across all areas of our work, the core themes of promoting independence, reducing isolation,
and providing advi￿ and support, continue to guide our approach and underpin our services.
Our Impact, Activltles, and Achievements
Our Impact In 2025
//
D•llv•r•d
ganl••d
¢*anl••d
27,891
2,529
32
88
Lkny
//
Prt)vld•d
Orgunl••d
¢)ur Admlral Nur••
mad•
384
132
4,084
225
'dlarr 4wl>
Our services have had a wide-ranging impact on older people and carers by improving
wellbeing, reducing loneliness, supporting independent living and providing specialist dementia
and respite support across St Helens and beyond.
In 2025 we delivered over 27.000 hot and frozen meals, helping older people maintain nutrition
and independence at home.
Our welfare teams and link up service have supported on reducing social isolation and ensuring
our beneficiaries have access to the support they need.
The Trust's Day Centre and day trip programme has created 220 opportunities for social
connection. stimulation and improved emotional wellbeing.
In addition 384 respite stays at Ruskin Lodge provided carers with valuable opportunities to rest
and recharge, while ensuring their loved ones received specialist care and support.

Our Admiral Nurse service delivered 225 visits offering expert dementia guidance and practical
support to families.
Welfare
Over 3.000 beneficiaries utilised the services of our Welfare Officers based in St Helens and our
Regional Officers in North Wales. Wrexham. Doncaster. Bimiingham and Glasgow.
Our team kept in touch with beneficiaries by making over 4,000 welfare visits and making over
4,500 telephone calls. Our team provided a listening ear and a welfare check. They carried out
assessments and referrals for internal and external services and provided support with
applications for benefits. With the introduction of our intemal online ServI￿S directory our teams
have accessed up to dale information to share with beneficiaries on local services and support.
Communlty Care
Our community care team has continued to provide a broad
range of services. including befriending. meals, laundry, and
gardening support.
In partnership with external providers, we offer shopping,
sitting, and cleaning services. To help maintain high
standards, we introduced a monthly quality assurance
survey, with service satisfaction consistenuy remaining
above 950/0 each month.
Prism
Our St Helens hairdressing service saw 3 230￿ increase in
uptake with 91 beneficiaries accessing the service.
In addition, our newsletter, 'PRISM', was refreshed with a
new look and feel, and our annual rAlendar was distributed
to all beneficiaries.
Gala Girl
Ruskln Lodge
We were delighted that Ruskin Lodge our purpose built 22 bed
respite care facility achieved a 'good' rating from CQC in April
2025. The CQC praised the home for its person-centred and
compassionate approach to care, highlighting the staff s
commitment to dignity, respect, and promoting independence.
During the year, we introduced digitsl care planning across our
services to enhan￿ the quality, safety, and efficiency of care
delivery. The new system has improved access to real-time
infomiation, strengthened communication belween teams, and
supported more person-centred care. It has also reduced
paperwork, improved monitoring and compliance, and enabled
staff to spend more time focusing on the people they support.
-staff .. looked after my father, with such care, dignity,
and respect. You truly are an amazing team."

Social Activities
Having fun and slaying active alongside others in the
ommunity supports emotional and physical well-being. We
planned a range of activities, outings, and events to support
people and their carers.
We held 10 reunion events across the country which
enabled our beneficiaries to catch up and share memories
with former colleagues.
Up to 90 beneficiaries attended Day Centre sessions each
week at Ruskin Lodge in St Helens. where they enjoyed a
wide range of activities, events and ￿lebratIonS designed to
promote wellbeing, social conneclion and enjoyment. This
year we have strengthened relationships with local schools,
creating meaningful intergenerational opportunities for our
guests and young people to come together. Through shared craft activities, conversation and
musical performances, the children brought great joy to our guests. helping to foster connection,
companionship and a strong sense of community across generalions.
Our day trip programme in St Helens has
provided valuable opportunities for people
without access to transport to enjoy outings and
remain connected to their local community.
In addition our Regional Welfare Teams
organised a variety of social activities and events.
including wreath making, indoor bowling, coffee
mornings, cake meet-ups and community
lunches, helping to reduce social isolation and
encourage friendship, wellbeing and connection.
Dementia Support
With a case load of around 25 at any one time our community-based Admiral Nurse has
provided expert support to people living with dementia and their families within the community in
St Helens. Our Admiral Nurse has provided practical advice. emotional support, guidanc8 on
managing symptoms. navigating servI￿s. and planning care. helping individuals remain
independent and supported al home for as long as possible.
Working alongside our Admiral Nurse programme we organised 32 social activities throughout
the year, creating valuable opportunities for people living with dementia and their carers to
connect and engage.

Overseas
Some of the original Pilkington plants were located overseas, as a result we continue to deliver
programmes of support in South Africa, Australia, New Zealand and Canada including hosting
vibrant reunions and get togethers and providing vital supplies and aids to individuals and
homes in more disadvantaged communities.
Vivien Simon - CEO undertook a visit to
Australia and New Zealand in 2025 to meet
beneficiaries and volunteers, gaining a deeper
understanding of the lived experiences of those
the Trust supports overseas.
The visit included well-attended reunions in
Geelong, Adelaide, Sydney, Brisbane, and
Dandenong, as well as Whangarei and
Wellinglon in New Zealand. Each gathering was
characterised by warmth, laughter, and a slrong
shared sense of hislory.
Many beneficiaries dedicated 3040 years of servic8 to Pilkington Glass. often remaining with
the company until retirement. Their loyalty. pride, and enduring connection to the business
continu8 to define the Trust's beneficiary community.
"Thank you for looking after m8 throughout the years sinc8 1989. You have
taken care of me as your pensioner, and l am grateful for the monthly food
vouchers. This year you bought me a door as my old one was old and
broken.... I have a new door and water is no longer coming in the house."
A South African Benefiuary.
Our Slaff, Volunteers, and Partners
During th8 year we have giv8n effort to refreshing our policies and procedures. training our staff,
and ensuring we develop our engagement and consultation with staff.
The Trust is fortunale to have dedicated volunteers in the UK and overseas.
Where possible we continue to work closely with external agencies and other charities across
England, Scotland and Wales.
Where possible and in accordance with our ¢haiiiable obje¢ts we seek to benefit the wider
community. An example is providing support to several smaller charities in administrative and
financial matters.
We are very grateful to the following organisations who have provided grant funding to the Trust
during the year.
The Pilkington Charities Fund - Administered by the Community Foundations for
Lancashire and Merseyside. A general grant towards the work of the charity.
The Rainford Trust. A grant towards our work in South Africa.
We are also grateful to the individuals who gave donations to the Trust during the year.

Our Plans
In 2026 we will be taking forward our new three year strategic plan. It represents over a year of
thoughtftjl work, bringing together the vol￿S and insights of our beneficiaries, staff and trustees.
It is ambitious and buill for the future.
This strategy sets a new pace for who we are and what we can achieve. It gives us a shared
direction and the clarity we need to tum great ideas into real. lasting impact.
Within it are some truly exciting developments.
We're launching our Living Well Dementia Plan.. shaping holistic. tailored support for individuals
affected by dementia.
We're driving forward our Day Centre transformation... ensuring we have purpose-built spaces
fit for the future users and our staff teams.
We're investing in communities through our new Connecting Communities Fund... expanding on
a tried and tested model in our regional teams.
We're strengthening partnerships like never before.. notjust doing things on our own, but by
building true partnerships through collaborative working.
And we'll be testing and growing new service offers so we can meet needs in smarter, more
responsive ways, piloting new services as part of our offer.
Our Strategy 2026- 2028, Pride in our Past, Vision for our Future, has 5 strategic themes which
will b8 our focus next year.
Llving Well,
Connected Communities.
People and Culture.
Centre of Excellence.
Investment and the Future.

Our Finances
Most of our incoming reSoUr￿S are investment income from an endowment provided by the
Pilkington Family. This is supplemented by heavily subsidised charges for some of our services.
At present we spend more than we re￿1ve in income on our beneficiaries, and fund this from
the Trust's reserves.
Where the funds were spent.
Independent living support- 23%
Direct contact with beneficiaries -11%
Ruskin Lodge - 34%
Day Centre - 4%
Investment Management - 3%
Support Costs- 21%
Overseas - 4%
Where the funds came from.
Invostm9nt Income - 69%
Grant Income- 2%
Service Income - Il%
Funded from reserves - 18%
We adopt a total retum investment approach to planning our long-term reserves.
We continue to explore cost efficiencies and improvements to our incoming resources, lo enable
the most effective support to our beneficiaries.
10

TrUSt￿s. Report further Infonnatlon
dcthmentation",
Irustees. powers and responsibilities,.
investment and finan¢ial stturture",
management structure and staffing,. and
the scope and breadth of the community
care programme and the end users.
Structure, governance, and management
Gov•rnlng document
The Cecil and Alan Pilkington Trusl Furnl is a
registered charity (Registration No.. 237623). The
Trust Fund also works under the umbrella name
of The Pilkinglon Family Trust.
Organi5ational structure
The day- to 4Jay administration of the community
care programme and the resources is delegated
to the Chief Executive Officer, who is the
Managing Director of P.R.S.L.. and ils employees.
The Trust Fund is an amalgamation17th July.
19771 of the following funds..
Alan Douglas Pilkington Trust Fund
(Founding Deed 11th June 1948)
Alfred Cecil Pilkington Trust Fund
(Founding Deed 1st May 19371
The truslees consider the Chief Executive Officer
and senior management as the key personnel in
charge ol running and operating the Charity on a
day-to-day basis.
The following limited companies acted as
Iruslees throughout the year to 31 March 2026..
Pilkinglon Employees Trustee IN0.11
Limited IC¢)mpany Registrabon No..
011617841
Pilkington Employ8es Trustè8 IN0.21
Limited (Cornpany RegiStrat￿n No..
011617851
Thè pay for key pèrsonnèl is encompassed within
the pay review system for all of the Charity's staff.
The trustees review appropriate pay research and
the union pay claim. consider recommendations
and propose an increase which is negolialed wllh
the union representatives. Once agreed, the pay
award is implemented for all staff. including k8y
personnel.
The directors of the trustee companies are
appointed by the Board of the trustee companies.
The directors of the Iruslee companies meet three
limes a year to agree the broad strategy and
areas of activity for the Trust.
ObJ¢¢tlvo8 and actlvltlo8
Thg primary objectives of Ihe Charity are lo
provide assistance to those in necessitous
circumstances being employees, ex-employees
and dependan15 of employees and ex-employees
of Pilkington Brothers Ltd or its successors in
business and its subsidi8ries. In so far as the
income is not required for such application it may
be applied to others in need.
The Investment Committee asslsts the directors
of the Iruslee companies in the consideration ol
the inveslmgnl, reserves and risk management
policies and performance. The following direclors
of the trustee companies were members of the
Investment Committee during the year:
Mr D J Brickndl
MrJ McKènna
MrJ Money
The objectives for the year support the strateglc
aims and help to ensuro the trustees, objectives
are met in an efficient and effectiv8 way. When
setting objectives the trustees have given due
regard to Charity Commission guidance relating
lo public benefit.
Pilkinglon Retirement Services Limited IP.R.S.L}
acts as an employment vehicle lor the Trust and
holds the contracts of employment.
The following directors of the trustee companies
were also members of the P.R.S.L Board.
Mr D J Brickndl
MrJ McKenna
The Trust IcK)ks to achioVO Its aims by maintaining
a slrong organisational structure, effective
rinancial management and by fostering a culture
of continuous learning and development to
&nsurg effective delivery 01 sorvw.
Grants
Inductlon and tralnlng of new trustees
The induction process for any newly appointed
director of the trustee companies comprises an in
depth briefing and training programme lo provide
an overview of all aspects of the work of the
Charity, and includes experience of service
delivery. The officers of the Charity provide key
information on managing the Trust. which
inGludes'.
Trust deeds and asso¢iated
In support of our activities 8 small number of
grants are made to benefi¢iaries, and these 8re
detailed in the accounts.
Financial Review
The Trust is ￿lIant on the income from its
investments. Investment income is supplemented
by contn'butions towards the ServI￿S the Trust
11

provides, throLJgh support from donations and a
£87,500 general grant from the Pilkington
Charities Fund which is now administered by the
Community Foundation5 for Lancashire and
Merseyside. The Trust also received restri¢te(I
donations and grants, including £Sk from The
Rainford Trust, to support additional work in
South Africa.
The Trust engages an external monitorin9
company to report on performance. Returns at 31
March 2026 were reported as follows= _
CCLA made a retum of-6.710/0 in th& year
and 2.52°/o over three years.
Sarasin & Partners made a return of
4.27% in the year and 19.43Vo over three
years.
Wè sp8nl more on ¢harilablè activitiès Compared
to the previous financial years, largely due to
inflationary pressure on our cosis rather than any
underlying changes to services. Inveslment
income of £3,171 k and income from other
sour¢es was loss than th$ amount required to
fund the key programmes of the Trusl this year.
We anlicipated this when the budget was set. We
sold some investments and used cash balances
as planned lo meet this shortfall. The excess of
expenditure over income for the year was £812k
12025.. £394kl.
Investment perfOrrnan￿ was disappointing this
year. wth essentially no total return from the
portfolio. The volatility of the markets and the
reasons for il are acknowledged however the Trust
is dependent on good investment returns to fund
its activity-
The trustees work closely with the investment
managers to identify and assess the risks to
achieving the lolal returns tsrgets sel by truslges.
The Trust's investment managers have
expressed confidence that budgeted income
distributions to the Trust will be achieved for the
financial year to 31 March 2027.
This year's accounts reflect a decrease in the
value of investments of £2.976m following on
from a decrease 01 £1.998m last year. The drops
In valu8 occurred in the final month ol the year
and related to volatility on intemational markels.
Values have improved somewhat since lh8 year
end, but the markets remain volatile.
The Irusl8es will continue lo review performance
through close working with specialist advisers.
information scrutinised by the Investment
Committee and reports from an external
monitoring company.
We eonlinue lo lace inflationary pressure on our
costs. This will impact on our funding
requirements for 2026127 and future years. The
trustees and staff of Ihe Trusl work closely with
the Trust's specialist advisers lo assess
investment values and expected income. The
Iruslees remain confident that we will have
sufficient resources to meet spending
requirements for the next 12 months. This will be
mel mainly from expected income, and cash
balances. We also plan lo disinvest from
Investment funds to smooth cash flow and allow
for contingency. This will be undertaken in a
planned way wilh our investment managers to
minimise financial risk.
Rlsk manag•m•nt
The trustees review the financial and operational
risks lo which Ihe charity may be exposed and the
systems put in place lo miligale those rlsks.
The principal financial risk faced by the Trust is
the performance of Ihe inveslmenls to provide the
funding for the services. Thi5 Is rniligaled by
retaining expert investment managers, having a
diversified portfolio and monitoring the
performance through the Investmont Committge.
Work is ongoing lo assess the continuing impact
of inftation on our beneficiaries and the grants
and service5 we provide. To mitigate against the
risk of rising costs, the Trust has a robust budget-
setting and monitoring prO￿sS and staff liaise
closely with our main suppliers to identify cost
pressures as earfy a5 possible.
Investment policy and ptrrforman¢e
There are no restrictions on the Charity s power
to invest. The truslees have adopted a policy lo
achieve the optimum return from a broad spread
of inve51menls. The policy is lo adopt a
mediumlhigh risk investment strategy based on
income generation with potential for capital
growth. Both of our investment managers ICCLA
and Sarasin & Partners) have a clear fcKus on
environmental, social and governance {ESGI
considerations in m8n8ging the Trust's
investments.
R•serve$ poli¢y
The Trust's unrestricted funds at 31 March 2026
were £11.309m12025 £12.220ml. Of this amount
£540k could only be realised by di5P05ing of
tangible fixÈd assots usèd to advanc8 the Trust's
objectives.
The investment managers are set the objective of
achieving a total return of not le5S than CPI +
3.50/0 over a fivo- year period.
As an endowed charity il is acknowledged by the
trustees th8t the Trust Deed allow5 the
&xpenditure of both capitsl an¢J income lo megt
12

the charitable objectives. The trustees have
refteshed their reserves policy this year and will
keep this under review as they develop their
strategic plans.
statements for each financial year which give
true and fair view of the state of affairs of the
Charty and of the incoming resources and
application of resouice5 of the Charity for that
period. In preparing these financial statements,
the trustees are required lo".
select suitsble accounting policies and
then appty them consislenlly.,
observe the methods and principles in the
Charf(ies SORP".
make judgements and estimates that are
reasonable and prudènt.. and
prepare the financial statements on the
going concem basis unless il is
inappropriate to presume that the Charity
will continue in operation.
They have paid particular attentKJn lo
The ability to spend the endowment funds
if needed.
Our risk management processes and the
uncertainties we may face in the fulufe.
Our strategic and operational plans.
Our currenl and likely luture budgets.
Possible future projects or spending plans
that cannot be mel from the income ofa
single year.
The volalilily of investment markets
They have assessed reserves as follows'.-
Funds held for cashflow purposes £1.Om
Funds held for possible future fixed
assets £1.75m
Funds held lo enable Research &
Developmènt and future opportunities
£1.Om
Funds held for contingencies £0.75m
Funds held to cover expendrture in
excoss of income over a 5-10 year period
£6.0 This lolals £10.5m.
The Iruslees are responsible for keeping proper
accounting records that disclose with reasonable
accuracy al any lime the financial position of th
Charty and enable them lo ensure that the
financial slalement$ Comply with the Charlllès Act
2011, the Charities (Accounts and Reports)
Regulations 2008 and the provisions of the Trust
Deed. They are also responsible lor safeguarding
the as$el$ of the Charity and hence for taking
reasonable step$ for the Prevention and deteelion
ol fraud and other irregularf(ifrs.
In so far as the trusteès are aware al the time of
approving the Trustees. Annual Report..
there 1$ no relevant audit information of
which the Chanty's auditor is unaware,
and
the Iruslees have taken all steps that they
OV9hl to have taken lo make themselves
aware of any relevant audit information
and to establish that Ihe auditor is aw8re
of that information.
The Trust therefore currently holds Iree re8eNes
£269k more than tho reserves policy. The
trustee8 intend lo monrtor this figure bul do not
feel al present that the amount is of concern.
Thè Trust'$ expgndable endowment fund was
£88.603m as at 31 March 202612025". £91.476ml.
This 18 held lo produce an income for the Trust
which Is unreslricled. The Trust al80 had
reslricled funds of £5k as al 31 March 202512025 .'
£9kl.
This report was approved by the trustees on 1
July 2026.
Tru8ts08' rn•pon8lbllltle8 In relatlon to tho
Ilnanclal statements
S￿ned on behalf of th tru
The Iruslees are responsible for preparing the
Trustees, Annual Report and the financial
statements In accordance with applicable law and
United Kingdom Accounting Standards Iuniled
Kingdom Generalty Accepted Accounting
Practice).
D J Brlcknell
Chalr and Tru$ts•
1 July 2026
The law applicable to charities in England and
Wales requires the trustees lo p￿pare financial
13

Independent Auditor's Report to the Trustees of the Cecil and Alan Pilkington Trust Fund
Year ended 31 March 2026
Opinlon
We have audited the financial statements of The Cecil and Ajan Pilkington Trust Fund Ithe 'charity'l for the year
ended 31 March 2026 which comprise of the Statement of Financial Activib"es, the Balance Sheet. the Cash Flow
ststement and notes to the financial statements, including significant a¢¢ounling poli¢ies. The finan¢ial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards,
Including Financial Reporbng Stsndard 102 The Finan¢ial Reporting Stsndard appli¢able in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial stslements-
give a true and fair view of the slate of Ihe charity's affairs as al 31 March 2026. and of its incoming
resources and application of resour￿, including its income and expenditure, for the year then ended.,
have been properfy prepared in accordance wrth United Kingdom Generally Accepted Accounting
Practice., and
have been prepared in accordance with the requirements of the Charities Act 2011.
Ba$ls for ¢plnlon
We conducted our audit in accordance with Intemational Slandards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those stsndards are further described in the 8vdilor's reswnsibililies for the audit of
the financial statements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard. and we have lullilled our other ethical reswnsibilib.es irt accordance with these requiremènts. We believe
that Ihe audit evidence we have obiained 1$ sufficient and appropriate lo provide a basis for our opinion.
Conclu8lon$ r•latlng to golng ¢on¢•m
In auditing the financial statements, we have concluded Ihat Ihe trustees, use of the going Concern basis of
accounts'ng in the preparats'on ol the financial slalements is appr￿riate.
Based on the work we have performed, we have not identified any rnalerial uncertainties rèlating lo evènts or
conditions that, individually or ¢olleclively, may c8s1 Signif￿nI doubl on the charity's ability to continue as a going
concem for a period of at leost twefve months trom when Ihe financial statements aro authorised for issue.
Our responsibilities and the ￿sponSIbl1111eS of the trustees with reswl lo going concem are describèd in the
relevant sections of this rep￿.
Other information
The other information comprises the infom)a1i￿ included in the Irusle8s' report and accounts. other than the
rinancial statements and our auditor's report thereon. The truslees are responsible for the other information. Our
opinion on the fin8ncial statements (*)es N)t cover the other infom)ali(y) an¢Y we do not exp￿$$ any form of
assurance conclLJsion thereon.
Our responsibility is lo read the olhor inf0mat￿n and. in doing so. consider whether the other information is
materi8lly inconsistent with the financial statements or our knowledge obtained in the course of the audit or
otherwise appears to be materially misstated. If we identify such material inconsislencies or apparent material
mis5ts1emen15. we are required to determine whether this gives rise to 8 material misslatemenl in the financial
statements themselves. If, based on the work we have perfomed, we conclude Ihat there is a material
misstatement of this other information. we are required to report that fact. We have nothing lo report in this regard.
Mattèrs on which w• ar• r•quir•d to rèport by •xeèption
We have nothing to ￿port in fespect of the following matters in ￿latiOn to wh￿h the Ch8ribes (Accounts and
Reports) Regulations 2008 require us lo reporl lo you if, in our opinion..
the information given in the Irustees, report is ir￿nsiste￿I in any material respect with the financial
statements: or
suffi¢ient a¢counting rewds have nol been kepL or
the financial statemenis are not in agreemenl Trmth the accounting records., or
we have not received all the infomwtion and explanati¢Jns we require for our audit.
14

Responslbllltles of trustees
A5 explained more fully rn the trustggs. reS￿nSibl1rt￿ 5taternent set wt on page 13, the trustees are responsible
for the prep8r8tion of the financial statements and for bwng satisfied that they give a true and fair view, and for such
inlérn81 control as the trust86s ijètèmiine is nècèssary to 8nab* ￿ prep8r8lK)n of ffinancial ststements that are
free from material misstatèmènt, whèthèr dug to fraud or 9rror.
In preparing the financial ststements, the tTusiees are resportsible for assessing the charity's ability to continue as a
going concern, discljsing, as applicable, malters relaled to going concem and usiro the going concern basis of
accounting unless the trustses either inteThJ lo Ib]uidate th8 charity or to cease operations. or have tK) realistic
atternalive but lo do $0.
Audltor'8 r•8ponslbllltl•s for th• audlt of th• Ilnanclal •tat•m•nts
Our objectives are to obtain reasonable assurance atoui whether the financial statements as a Who￿ Are fr¥& from
material misstatement, whether due lo fraud or efror, and lo issue an Auditor's report that inC￿deS our opinion.
Reasonab18 a55urance is a high level of assurance but i8 not a guarante8 thal an audrt conducted in accordance
with ISAS IUKI will a￿ley5 detect 8 material misstatemenl when it exists. Mi5Statements can arise from fraud or
eThor and 8r8 ¢on$id&re(J m81&ri81 W, individualty or in Ihe wjregate. they coukl ie&8onabty b8 exFeCted to influence
th8 economic decisions of users taken on the basis of these financial statements.
Irr¢gularitie$, including fraud. are instanrm of norFo)mF4ian¢e 1gw$ oThJ regulatlons. We d&sign p￿¢￿ureS In
line with our responsibilities, outlined at#Jve, lo detect matefial misstatem&nts in r&spect of irregularitios, Including
fraud. The ex18nt lo which our procedures are capable of deiectirvJ irregularibes, including fraud is detalled b&low.'
Discussion with management and those involved in the financial reporting process includin9 consideration
of known or suspected in5tarw of n0nwc0m￿lanGe with ￿wS aThJ regulations central to the charity's abllity
to operatè, and fraud..
Evalua￿'on and testing of the cyeT8tiThJ aff8CtN8na8s of Managg￿nv¥ ¢>)ntrd8 d8$lon*d to pr&venl and
detect irregularities.,
Id8ntffying and testing joumal 8ntr￿s, in parucular anyjoumal entrlos posted with unu$ug1 account
cornbin81ions or of Sign￿Can1 monetary arnounts,. and
Review of the rationale tr the cakUlat￿n of key accounttiig estimates in the financial ststernents gnd
testing of thg a¢¢ura¢y of Ihe$& ¢akulalion8.
Therè arè inher&nl limit8lons in the audf¢ procedures ￿￿¢￿bec1 above. The further removed nonwcompliance ￿th
18ws and regylations 1$ from the events and trans¥ction8 refte¢ted in the financ￿1 $tsl¢rntrnts. the less likety we
would bècomè awaro of rt. Ajso, thè risk of not det¢¢ling a maltrrtal ml$$¢a¢em¥nl to fraud Is hlgher than the
rlsk of rnt detecting one resulting from error. as fraud may invofve d•libèratè ctJnee8lm&nt by, for example. forgery
or inl8ntional misrepresentations. or through co1￿81￿.
A further description ol our responsibilities is available on the Financial Repo￿.ng cOur￿lI,S website at..
www.frc.org.ukl8udi¢orsre8ponBibilitie3. This desroiplK)n torffjs parl of our Auditor's ieporL
U8• of our report
This raport is made sol8ly to the charlty's trustso$. 8$ 0 tody. In aw)rdan¢o wrth Part4 of thtr Charlties IAccounts
and Reports) Regulauons 2008. Our asjdit work has been uTrJertaken so ihat we mhJht state to thè charity's
ITU51ees those matlers we are required to state io them in an audttor's rep)rt and for no oiheT purpose. To th8 fullèst
extenl ￿rrnItted by law. we do not accept or assume reS[￿nsIbIlity to anyone other ihan the charity and the
harlty's trustees 8$ a body, for OUT awjit wryk. for thi5 reporL or for Ihe opinpjns we have formed.
Livesey Spottiswood Limited I
Chartered Accountants and S
17 George Stre8
St Helens
D8to:
tutory Audilorl
tutory Au¢Jiiors
Merseyside WA10 1DB
Llvesey Spottiswood Limited is eligib￿ for appolntment as auditor of the chaiity by VIrt￿ of ts digibilty for
appointment as auditor of a company under s￿n 1212 of thè Companies Act 2￿.
15

The Cecil and Alan Pilkington Trust Fund
Statement of financlal actlvitles for the year ended 31 March 2026
Note Unrestrided Restrided Endowmgnt
Fund5
Funds
Funds
Total
2026
Total
2025
as reslatod
£'ooo
£'ooo
£'ooo
£'ooo
£'ooo
Income and endowrnents
Donations. legacies and
grants
Charitable activities..
93
86
UK benefits and seNices
133
133
104
Ruskin Lodge respite Care
373
373
169
Other
Investments
Total income
10
3,227
3,596
3.171
3.770
3,171
3,775
Expendlturg on ralslng
funds
Investment management
costs
Expendltura on charltable
actlvltlos
UK benefit$ and services
Ruskin Lodge respite care
Overseas benefits and
services
Donation to Willowbrook
Total oxpondlture
Nel expenditure before gains
and losses on investments
17
132
149
2,203
2,007
2.205
2.009
2.095
1,653
219
224
210
30
3,990
4,446
132 4,587
(676)
(4)
11321 18121
13941
Nel losses on investments
(2351
(2,741) 12,976} 11,9981
Net movement In funds
{911)
14)
(2.873) 13.7881 12,3921
Reconclllatlon of funds:
Tol81 funds brought forward
12,220
91,476 103,705 106,097
Total funds carrled forward
11.309
88.603 99,917 103,705
The notes on page 19-28 forrn part of these financial statements
16

Th• Coell and ￿an Pilkington Trust Fund
Balance Sheet as at 31 March 2026
2026
2025
t￿00
£￿00
Flxed ass•ts
Tangible fixed assets
Investmgnts
545
97,684 101,739
98,229 102.329
Curr•nt ￿#￿t8
Debtors
Cash and bank deposits
10
555
1.394
1,949
978
1,518
CredSlor8 arnounts lallirKJ du•
withln one year
N•t turnnt 4•••1•
11
258
135
1.693
1.383
Provl$lon for Ilabllftltrs
12
N•t a•s•ts
99 917 103 705
Fund balanc••
Unrèstrfded lunds
Restrlcted funds
11.309
12.220
13
Expendabkn Endowment lund
14
88,603
91,476
Total Charbty fund•
99917 103705
The notes on po￿ 19-28 fomi part of these finanaal slatem•nts
The above ac¢ounts were approved by the trustees ￿ 1 July 2026 and were signed on th81r bghair
by..
D J Brkknell IDlr¢¢
f Trustee Componb&sl
J McKenna (Dirpctor of Twustee Companies)
17

The Cecil and Alan Pilkington Trust Fund
Statement of cash flows for the year ended 31 March 2026
2026
2025
as r88latod
£'ooo
£'ooo
Cash flows from operatlng actlvftles
Net cash used in operating a¢tivities.-
3,802
3,592
Cash flows from investing activities
Distributions and Interest from investments
Proceeds from the sale of equipment. fumilure and vehicles
Purchase of equipment, furniture and vehicles
Proceeds from sale of invesimenls
Purchase of investments
Net cash pmvlded by Investlng actlvltles
3,171
3,227
1861
1,079
181
500
4,218
3,724
Chango in cash and cash equivalents in the year
416
132
Cash and cash equivalents al Ihe beginning of the year
Cash and cash 8qulval8nts at the end of the year
978
1.394
846
978
R•¢on¢llSatlon of not In¢om•l(•xpondSlur•) to not ¢8$h flow from 0￿ratIng o¢tlvltlo$
Net lexpendlturolllncome for the year
Adjustments lor:
Depreciation charges
Lossesl Igainsl on investments
Dislribulions and interest from investments
Profil on sale of fixed assets
Decreaselllncreasel in debtors
Increaselldecreasel in creditors
Net cash used In operatlng actfvltles
13,788} 12,3921
77
81
2,976
1,998
{3.1711 {3,2271
1151
119
3,802
1391
12
3,592
Analysls of cash and Cash equlvalents as at 31 March
Cash al bank and in hand
Deposits held by investment managers
Total cash and cash gquivalgnts
245
1.149
1,394
535
443
978
The notes on page 19-28 form part of these financial slalements
18

The Cecil and Alan Pilkington Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
1. Accounting policies
Basis of preparation and assessmenl of going concern
The financial statements have been prepared under the historical cost convention with items recognised
al cost or Ir8ns8ction value unless otherwise staled in the relevant nolelsl lo these 8ccounts. The financial
statements have been prepared in accordance with the Charities Statement of Recommended Practice
issued in October 2019, the Financial Reporting Slandard applicable in the United Kingdom and Republic
of Ireland IFRS 1021 and the Charilies Act 2011.
The trustees consider that there are no material uncertainties aboul the Trust's ability to continue as a
going concem.
The trust constitutes a public benefit entity as defined by FRS 102.
Funds structurg
The expendable endowment fund may be spent in accordance with the chariiable objeclives at the
discretion of the Iruslees. Reslficled Funds arise from specific grants for individual projects or assets and
musl be used for the restricted charitable purpose. Unrestn'cled income funds comprise those funds which
the trustees are free lo use for any purpose in furtherance of the charitable objects.
Incomo recognitlon
All income is recognised in the stslemenl of financial ath'vities once the charity has entitlement lo the
funds, il is probable ihal the income will be received and the amount of income receivable can be
measured reliably.
Grants are recognised in full in the statement of financial activities in the year in which they are receivable.
Expendituro recognitlon
Liabilities are recognised as expenditure as soon as Ihere is a legal or constructive obligation
commiltsng the charity lo that expenditure, il is probable that settlement will be required and the
amount of the obligation can be measured reliably.
The cost of discretionary grants is recognised when the commitment has been approved.
All expenditure is accounted for on an accruals basis. All expenses including support costs and
governance costs are allocated or apportioned lo the applicable expenditure headings on the most
appropriate basis.
Irrocovorable VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
AllocatSon of Support and governancg ¢QSts
Support costs have been allocated between govemance costs and other support costs.
Governance costs comprise all costs involving the public accountability of the charity and its
compliance with regulation and good practice. These costs include costs related to statutory audit
and legal fees together with an apportionment of overhead and support costs.
Governance costs and support costs relating to charitable aclivities have been apportioned by reference
to the activities generating those costs. The allocation of support costs is shown in note 5.
Tangible fixed assets and dopreciation
Fixed assets are depreciated over their estimated useful economic lives on a straight line basis as follows..
Leasehold land and buildings
Motor vehicles
Furniture, fittings and other equipment
between 10 and 50 years
between 5 and 8 years
between 3 and 25 years
19

The Cecil and Alan Pilkington Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
1. Accounting policies continued
Investments
Investments are a fom of basic financial instrument and are initially recognised al their transaction value
and subsequenuy measured at their fair value as al the balan￿ sheet date using the closing quoted
market price.
All gains and losses are taken to the Ststement of Financial Activities as they arise. Realised gains and
losses on investments are calculated as the difference belween sales proceeds and their opening carrying
value or their purchase value if acquired subsequent lo the first day of the financial year. Unrealised gains
and losses are calculated as the differen￿ between the fair value al the year end 8nd their carrying value.
Realised and unre81ised investment gains and losses are combined in the Statement of Financial
Aclivilies.
The main form of financial nsk faced by Ihe charity is that of volatility in equity markets and investment
markets due lo wider economic conditions, the attitude of investors lo investment risk, and changes in
sentiment conceming equities and within particular sectors or sub sectors.
Debtorslcrgdltors
Debtors and creditors are induded in the financial slatements at Iransaclion value.
Cash and cash gqulvalonts
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty
notice of not more than 24 hours. Cash equivalents are highly liquid investments Ihal mature in no more
than three months from the date of acquisilion and Ihat are readily convertible lo known amounts of cash
with insignificant risk of change in value.
Penslons
The Trust partlClP8les in both a defined benefits scheme and defined cknntribution pension schemes. The
defined benefit scheme is a mulli-employer scheme known as the Pilkinglon Superannuation Scheme
IPSSl.11 has not been possible lo identify Ihe underlwng assets and liabilities attributable to each
participating enlily.
All pension contributions paid in the year are charged lo the statement of financial activities on a defined
contribution basis.
Loa$ing ¢ommitments
Rentals paid under operating leases are charged lo the statement of financial activities as incurred.
Judgements and kgy sourcgs of gstimation un¢9rtainty
In the application of the charity's accountsng policies, Iruslees are required to make judgements. estimates
and assumptions about the application of accounting policies and reported amounts of assets, li8bilities,
income and expenses. The judgements, estimates and undedwng assumptsons are based on historical
experience and other factors that are considered relevant including expectslions of future events that are
considered reasonable. The judgements. estimates and undedying assumptions are reviewed on an
ongoing basis however actual results may differ from Ihese amounts.
In preparing these financial slalements no significant judgments have been made. The key source of
eslimalion uncertainty relates to the allocation of Governance and support costs in notes 4 and 5.
20

The Cecil and Alan Pilkington Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
2. Donations, legacies and grants
2026
£'ooo
2025
£'ooo
General grants..
Pilkinglon Charities Fund
Restricted grants-
Rainford Trust
Other restricted donatsons
88
70
93
86
3. Investment Income
2026
2025
aB ￿tated
£'ooo
3,135
33
£'ooo
3.197
24
Income from investments listed on a recognised stock exchange
Interest on cash held by investment managers
Bank interest
3,171
3.227
4. R•sourc•s •X￿nd•d
Oiro¢t cosls
Allocated
support
osts
Total
2026
Total
2025
£'ooo
£'ooo
£'ooo
£'ooo
Cost of generatlng funds
Investment management costs
149
149
Charltable actlvltles
UK benefits & services
Ruskin Lodge respite care
Over$ea$ benefits & servi¢e$
Donation to Willowbrook Hospice
1,551
1.732
183
654
277
41
2,205
2,009
224
2,095
1,653
210
30
3,990
3,615
972
4,587
Direct costs include-.
The extern81 audit fee of £12.60012025'. £12.0001.
Operating lease costs in respect of land and buildings of £134,30212025= £132,992)
5. Support costs
UK benefits Ruskln Lodge
Overseas
& servl¢es
resplte care benefits &
services
Total
2026
Total
2025
£'ooo
£'ooo
£'ooo
£'ooo
£'ooo
Governance
Corporalo
Finance
Human resources
Community care
adminislr8tion
Total
89
43
101
75
148
114
162
188
127
85
152
144
56
15
113
14
277
360
972
343
851
654
41
Support costs have been allocated to activities on the basis deemed most appropriate.
21

The Cecil and Alan Pilkington Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
6. Expenditure on UK benefits and services
Unrestricted Restricted
Tolal
2026
£'ooo
Total
2025
£'ooo
£'ooo
£'ooo
Servlces
provided:
Personal care and silting service
Demen118 SUPF)Ort
Domestic assistance
Home meals and laundry
Gardening and security
Hairdressing
Day centre services
Visiting
Active leisurelconlact groups
Prismlcalendar
Total sorvlcgs provlded
137
137
197
48
622
171
49
622
171
41
561
151
42
42
51
400
57
50
1,539
400
58
50
1,541
384
50
44
1,491
Grants to
Indlvlduals:
Hairdressing
Domestic assistance
Gardening
Total grants to Indlvlduals
Number of
grants
56
92
10
10
12
Total dlrect costs
1,$49
1,551
1,503
Community care administration and support costs
Total $pand on UK bènaflt$ and $orvlc•s
654
2,205
592
2.095
22

The Cecil and Alan Pilkington Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
7. Trustees and staff costs
Trustees
Members of the Board of the Trustee companies do not receive any remunerab.on for their services. £105
expenses were reimbursed during the year to 31 March 202612025: £2101.
Staff numbers
The average number of employees during the year was 6812025= 67)-
The 8ver8ge numbers of employees on a full time equivalent b8SIS Was..
2026
48
2025
47
Charitable
Management and Administration
54
52
Staff costs
2026
£'ooo
1.833
207
174
2025
£'ooo
1.686
154
192
Wages and salaries
Social Security costs
Pension contributions
The total ernployment benefits, including social security costs and employer pension contributions of the
key rnanagement personnel was £395,31612025'. £365,207).
The number of employees whose emoluments {salaries and benefits in kindl fell within the following band..
2026
2025
£70,000 - £79,999
£90,000 - £99,999
Termination payments of £71,717 {2025 £8.6201 were paid during the year, induding £3,188
12025 £5,512) ex gratia payments.
Penslon schemes
The Trust participates in both a defined benefits scheme and defined contribution pension schemes.
The defined benefit scheme is a multi-employer scheme known as the Pilkington Superannuats'on Scheme
IPSS). It has nol been possible lo idenlify the underlying assels and liabilities attributable lo each
participating entity.
Under the trust deed governing the PSS the employer's contributions are fixed at 160A of pensionable
salary (fixed at 30 April 20131 for active members who contribute 80kn. and 12.5¥. for members contributing
5.50/0. Under the deed the employer has no right of access to any investment surpluses bul equally cannot
be required lo increase conlribubons to finance any deficits other than as may be required by legislats'on.
All pension costs of the charity in relation lo this scheme are reported on a defined contribution basis. The
Pilkington Superannuation Scheme is closed to new members.
An auto enrolmenl scheme has been in place since July 2014 and a defined conlribulion scheme with
Aviva is offered lo all employees.
23

The Cecil and Alan Pilkington Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
8. Tangible fixed assets
Freehold
Land &
buildings
£'ooo
Leasehold
Land &
buildings
£'ooo
Motor
vehicles
Furnlture
fittings &
equipment
£'ooo
Total
£'ooo
£'ooo
Assets at cost
Balance 1 April 2025
Additions
Disposals
Balance 31 March 2026
Depreclatlon
Balance 1 April 2025
Charge for the year
Disposals
Balance 31 March 2026
Net book valuo
At 31 March 2026
Al 31 March 2025
1.749
51
25
247
389
2,436
86
56
2,466
1.756
74
247
389
1,303
31
50
152
28
341
18
1,846
77
1.334
48
359
1,921
422
446
26
67
95
30
48
545
590
9. Flxed assot Investments
Total
£'ooo
101,739
Market value 1 April 2025
Additions al cost
Dispo$al$
1,079
100,660
2,976
Nel losses on inveslmenls
Market value 31 March 2026
97,684
Al 31 March 2026. the Tnjst was invested in tsvo managed funds. each with a diversified portfolio of
inveslmenls.
10. Debtors
2026
2025
rvstated
£'ooo
30
10
426
82
£'ooo
44
14
412
70
Trade Debtors
Local Government
Accrued Investment Income
Other prepayments and accrued income
Other debtors
555
540
24

The Cecil and Alan Pilkington Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
11. Creditors - amounts falling due within one year
2026
£'ooo
79
129
43
2025
£'ooo
74
24
34
Trade Creditors
Accruals and Deferred income
Taxation and Social Security
Other creditors
256
135
12. Provision for liabilities
Balance
31 March
2025
£'ooo
Released i
year
8alance
31 March
2026
£'ooo
Cumulative leave provision
The cumulative leave provision is for holiday pay accrued by eligible staff based on pay rates al the
balance sheet dale.
13. Restricted funds
The funds of the charity include donations and grants which need lo be used for specific purposes and are
classified as restricted funds. At the year*nd restricted funds comprise unspent balances as follows'.-
Balance
31 March
2025
Income Expendlture
8alanco
galnsl{losses 31 March
) & transfers
2026
£'ooo
£'ooo
£'ooo
£'ooo
Pensioners Club
Minibus
South Africa
Other funds
(21
{51
14. Expgndablg gndowmgnt funds
The funds ol the charity include expendable endowments. At the year*nd they comprise unspent
balances as follows:.
Balance
31 March
2025
Income
Expenditurg
8alanGo
gainsl{losses 31 March
) & transfers
2026
£'ooo
91,476
91,476
£'ooo
£'ooo
2,873
2,873
£'ooo
88,603
88,603
Expendable endowment
25

The Cecil and Alan Pilkington Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
15. Analysis of net assets between funds
Current year
Tanglble Investments
fixed assets
Nel Current Long term
Assets
liabilities
Total net Total net
assels
assets
2026
£'ooo
2025
£'ooo
£'ooo
£'ooo
£'ooo
£'ooo
Unrostricted funds
General funds
540
9,081
1,693
(51
11,309
12,220
RestrScted funds
Pensioners Club
Minibus
Other funds
Endowm8nt funds
Endowment
88,603
88,603
91,476
545
99 917 103 705
Prlor year Gornparatlve
Tangible
fixed assets
Investments
Nel Current Lon9 term
Assets
liabilities
Tolal nel Total net
assets
assets
2025
2024
£'ooo
£'ooo
£'ooo
£'ooo
£'ooo
£'ooo
Unrostrlcted funds
General funds
582
10,263
1,382
{71
12,220
12,804
Rèstrictèd funds
Pensioners Club
Minibus
Other funds
Endowrn8nt funds
Endowment
91,476
91,476
93,282
590
101 739
103 705 106 097
26

The Cecil and Alan Pilkington Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
16. Related parties
The Cecil & Alan Pilkinglon Tnjst Fund uses Pilkinglon Retirement Services Limited as an employment
vehicle for 6912025". 641 contracts of employment al the Balance Sheet dale. All associated salary costs
are bome exclusively by the Cecil & Alan Pilkington TnJsl Fund.
During the year the Trust did not pay any truslee for services12025'. none).
The Trust received a grant of £5,00012025: £5,000) and £4.111 12025: £3.959) for accountsncy services
from The Rainford Trust, a regislered charity wilh common trustees.
The Trust received £78012025.. £750) for accountancy services from The St Helens Housing Association
Trust, 8 registered charity with a common trustee.
The Trust made pension cnnlributions for 9 employees during the year lo the scheme known as the
Pilkington Superannuation Scheme (PSSI which has a common Iruslee.
17. Op8ratlng lease commltments
Al 31 March 2026 the charily had loial minimum operating lease payments as sel out below..
Land and bvildings'.-
2026
£'ooo
2025
£'ooo
Operating lease payments due:
within one year.
- between one and five years
69
134
69
203
69
18. Prlor year restatement
Previously investment income from CCLA was accounted for as received. The pnor year
restalemenl brings into the accounts the income due al 31 March 2025 and previous year ends.
As previously Adjustment
reported
£'ooo
As restated
31 March 2025
£'ooo
£'ooo
Statement of Flnanclal actlvltles
Investment income
Net movement in funds
3,221
12.398}
3,227
12,3921
Balanc8 Sheet
Debtors
Nel Assets
128
103.293
412
412
540
103,705
27

Th8 Cecil and Alan Trust Fund
Notes to the financial staternents for the year ended 31 March 2026
19. Prior ygar Ststement of financial adivitigs for the year ended 31 March 2025
Note Unrestricted Restricted Endowfflent
Total
Total
Funds
Fund$
Funds
2025
2024
as rostated
rostated
£'ooo
£'ooo
£'ooo
£'ooo
£'ooo
Incomo and endowrnents
Donab'ons, legacies and
grants
Charitabl8 activities..
70
16
86
77
UK benefits and services
104
104
102
Ruskin Lodge respite care
169
169
284
Other
Investments
Total income
10
3,227
3.580
10
3,227
3,596
3,171
3,640
16
Expendltura on ralslng
funds
Investment management
costs
Expendlturo on charltable
actlvltles
UK benefits and services
Ruskin Lodge respite care
Overseas benefits and
services
Donation to Willowbrook
Total expendlture
Nel incomellexpendilurel
before gains and losses on
investments
Nel gainslllossesl on
investments
2,095
1,653
2.130
1,518
1,641
12
205
210
222
30
3,972
30
3,990
75
3,947
18
{392)
(21
{3941
13071
(192)
11.806) 11,9981
8,237
Net movgrngnt in funds
(584)
(21
{1,806) {2,3921
7,930
Reconciliation of funds:
Total funds brought forward
12,804
93,282 106,097
98,167
Total funds carried forward
12.220
91.476 103,705
106.097
28