DR L H A PILKINGTON'S
CHARITABLE SETTLEMENT
ACCOUNTS
FOR THE YEAR ENDED
5 APRIL 2025

DR L H A PILKINGTON'S CHARITABLE SErrLEMENT
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
INDEX
Page
Tnjslees Annual Report
Independent Examiner's Report
Balance Sheet
Slalemenl of Financial Activities
Capital Account
Income Account
Undislributed Income Account
Charitable Donations
Schedulè Of Investments and Income
10
Appendix
11

DR L H A PILKINGTON'S CHARITABLE SE￿LEMENT
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
TRUSTEES ANNUAL REPORT
Truslee5.'
Timothy Guy Bankes
Helen Victoria Bankes
This Trust was Created by a Deed of Settlement dated 20 November 1964 as a Charity. The
Charity Registration Number is 241296.
Under the temis of this Deed the Iruslees have the power lo distribute income and eapilal for
such charitable inslilulions or charitable purposes as they in their absolute discretion think fft,
whether in the United Kingdom or worldwide.
The charity's only assets are stock exchange investments and cash as shown on the Balance
Sheet. They are managed by CCLA Inveslrnenl Management Ltd. The Market Value of the
investments as al 31 March 2025 is £943.229.78
The on5y source of income is from investments, details of which are gNen in these accounts.
All income due has been received. This charity does not trade or participate in any fund-
raising activities.
A list of the donations made in the year 15 given on page 9, There were 3 donations lolalling
£25,500. The Charities selected for dislribulions were broadly the same as the p￿vioUS year,
bul this will not necessarily be the policy in future year5. A balance of undislribuled income of
£9.463.66 was retained at the year end and is available for distribution in future years Ipage
8).
Donations and grants are only made lo registered charities. No applications are considered
from unregistered bodies or individuals.
These accounls include all dividend income due together with the recoverable tsx and
expenditure incurred in the year.
The Trustees do not charge any fees or claim reimbursement of their personal management
expenses. All the administration expenses relate lo legal, accountancy, investment
management and the costs of maintaining a post office box for charitable applications.
Reserves
The Trustees do not consider the underlying capital lo be reserves since they form the sole
SC)urce of income for the Trust. 11 is not the intention of the Trustees lo build up or maintain
income reserves. any under expenditure of income being balanced by over expenditure in
preceding or subsequent years.
11.
Risk Management.
The major risks lo which the Charity is exposed, as identified by the Trustees. have been
reviewed and systems have been established to mib'gate those risks.

DR L H A PILKINGTON'S CHARITABLE SErrLEMENT
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
TRUSTEES ANNUAL REPORT (Conud..)
Investment Objective
To maintain a balance between capital growth and income by which, over the long tem), il is
intended lo maintain the real value of the capital and income. The assets are rnanaged by
CCLA Investment Management Ltd. To achieve the investment objective5, they have invested
in the COIF Charities Investment Fund and the COIF Charities Fixed Interest Fund.
13.
Trustees. Recruilmenl Policy
The current Trtjslees would appoint the new Trustee from within the wider family concenlraling
on family members who have experience in the charity sector or who have other relevant skill
sets The training necessary is provided by the senior family members who have been
involved with the Charity for many years.
Trusleos, Complaints Policy
All complain15 are considered by the Trustees ofthe Charity and responded lo within three
weeks.
15.
Accountants". Ralhbones Trust Company Ltd, Port of Liverpool Building. Pier Head, Liverpool
L31NW.
16.
Solicrf(Drs.' Brabners. Horton House. Exchange Flags. Liverpod L2 3YL
Timothy Guy Bankes
Helen Victoria Bankes

DR L H A PILKINGTON'S CHARITABLE SErrLEMENT
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report on the accounts of the Trust for the year ended 5 April 2025. which are sel out on pages 1 to
Responsibilities and ba$i$ of report
As the charity Iruslee5 of the Trust, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 I'lhe Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011
Act and in carrying out my examination. I have followed the applicable Directions given by the Charity
Commission under section 14515llbl Of the Act.
Independent examinerfs statement
I have completed my examination l Confirm that no material matter5 have come lo my attention in
connection with ihe examination which gives me cause to believe Ihal in, any material respect..
accounting records were not kept in accordance with section 730 of the act or
the accounts do not accord with the accounting records
I have no concems and have come across no other matters in connection with the examination lo
which attention should be drawn in order lo enable a proper undefstanding of the accounts lo be
reached.
John Duffy BAIHonsl ATT TEP FCCA
Rathbone$ Trust Company Limited
Port of Liverpool Building
Pier Head
Liverpool
L31NW

DR L H A PILKINGTON'S CHARITABLE SEThLEMENT
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
BALANCE SHEET AS AT S APRIL 2025
2024
2025
Inveslmants
985.413 Trust Fund Ipage 101 al market value
943,229.78
Cash and Debtors
Lloyds TSB PIC
CUr￿nt Account
Savings Account
5,855 The COIF Charities Depost Fund
177
310.71
100 00
6,141.24
6,032
6,551.95
Less: Creditors
Rathbones- Accountancy fees
11.260
1.260.00
4.772 Uninvested cash
5,291.95
£990,185 Total Funds held
£948.521.73
Represented by :"
981.723 Capital Account Ipage 61
8.462 Undislribuled Income Account Ipage 81
939,035.34
9,486.39
£990,185
£948,521.73

DR L H A PILKINGTON'S CHARITABLE SE￿LEMENT
ACCOUNTS FOR THE YEAR ENDED S APRIL 2025
STATEMENT OF FINANCIAL ACTIVITIES
2023124
2024125
Total
Funds
INCOME AND ENDOWMENTS FROM
Investment income Ipage 71..
Dividends
Bank deposit interest
26,053
408
26,873.45
406 47
27.279 92
26.461 Total incoming resources
27.279 92
RESOURCES EXPENDED
DIRECT CHARITABLE EXPENDITURE
Grants payable
lo Charitable In5tilulions Ipage 91
25,000
25,000
25.500.00
25,500.00
OTHER EXPENDITURE
1.260
Management and adminislralion
1,260.00
26,260 Total Re50urcès Expended
26.760 00
201 Net incoming re$ource$ before
519.92
79.705 GainllLossl on revaluation of investments in 2024125
142,183.461
79,905 Net movement In funds
141,663.541
910,280 Funds brought forward
990,185.27
£990,185 Funds held at 5 April 2025 Ipage 41
948,521.73

DR L H A PILKINGTON'S CHARITABLE SETTLEMENT
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
CAPITAL ACCOUNT
2023124
2024125
902,522
Balance as at 6 April 2024
981.722.80
Add..
79,705
982,227
GainllLossl on revaluation of investments in 2024125
42,183 46
939.539 34
Less..
15041
Ralhbones- Accountancy fees
1504.00)
£981,723
Balance as at 5 April 2025 Ipage 41
£939,035.34

DR L H A PILKINGTON'S CHARITABLE SETTLEMENT
ACCOUNTS FOR THE YEAR ENDED S APRIL 2025
INCOME ACCOUNT
2023124
2024rds
Income
26.053
277
130
Investment Income- gross Ipage 10)
COIF Charities Deposf( Fund
Lloyds TSB PIC
26.873 45
286.30
120.17
26,461
27,279.92
Less..
17561 Ralhbones- Accountancy fees
Nel Income al 5 April 2025 Iransfefred
to Undislribuled Income Account Ipage 81
1756.001
£25,705
£28,523.92

DR L H A PILKINGTON'S CHARITABLE SETTLEMENT
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
UNDISTRIBUTED INCOME ACCOUNT
2023/24
2024r25
7,758 Balance as at 6 April 2024
8.462.47
Add:
Balance of nel income for the year ended 5 April 2025
25,705 transferred from Income Account I page 7)
33.462
26,523.92
34.986.39
L¥ss:
125.0001 Distributions lo Ch8ri(ies Ipage 91
125.500.001
£8.462 Balance as at 5 April 2025
£9.486.39
I page 41

DR L H A PILKINGTON'S CHARITABLE SETTLEMENT
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025
CHARITABLE DONATIONS DURING THE YEAR ENDED 5 APRIL 2025
Donation5 from Income - Mar¢h 2025
Deafblind UK
Designability
Julian House
8.500.00
8.500.00
8,500.00
Total Donations made by the Settlement
£25,500 00
I page 51