You are invited to the MERSEYSIDE MEDICAL BENEVOLENT FUND
ANNUAL GENERAL MEETING
to take place at THE LIVERPOOL MEDICAL INSTITUTION on THURSDAY 4 JUNE 2026
Coffee from 11.30 am Meeting 12.00 pm followed by sandwich lunch
Chairman Professor Andrew Weeks MB ChB MD FRCOG
President of the Liverpool Medical Institution
INTRODUCTION
The Merseyside Medical Benevolent Fund (MMBF), 114 Mount Pleasant, Liverpool L3 5SR, was formed on 26th January 1966. It is registered with the Charity Commissioners (No 247161) and constituted by Deed of Trust. The MMBF’s objectives are to help doctors and their families who find themselves in difficult financial situations, and to manage the Fund’s investments and distribution of gifts to members of the medical profession and their dependents within the Merseyside area.
FINANCIAL STATEMENT as at DECEMBER 31 2025
The total income for the year - £ 26763 Total expenditure - £13490 Gain on investments - £62932 Net income for the year - £76205 Total funds carried forward - £470163
CHAIRMAN’S REPORT 2025
The Trustees and Visitors have met twice in the Liverpool Medical Institution and the Trustees four times in the home of Mrs Alison Cohen. I thank each for their hospitality.
Since our last report, I am pleased to report that support for medical students has started, using our proposed criteria of assisting clinical students who are experiencing exceptional financial hardship brought about by illness, physical or mental, injury or bereavement.
It has been inspiring to meet mature undergraduates whose path into medicine has been tortuous. They have made sacrifices before entering a Foundation Year prior to embarking on a traditional curriculum. So far we have assisted 3 such students although one pulled out from the course before our gift came his way.
The progress of our regular beneficiaries is good and we have 5 teenagers whose academic and extracurricular progress is taking them towards University and GCSE success.
We continue to share and liaise with the Royal Medical Benevolent Fund and the Royal Medical Foundation of Epsom. Our finances indicate that our funds
continue to grow thanks to Charifund investments and the generosity of our subscribers and Local Medical Committees. I thank Dr John Mackean for his financial stewardship.
Our visitors continue with their duties and I wish Dr Anne Monk a return to health after her fall. Finally the secretarial assistance of Mrs Daphne Barton is much appreciated.
Dr Chris Evans Chairman of Trustees
TRUSTEES
DR C C EVANS DR R M AZURDIA MRS A M COHEN DR S GALLARD DR J M MACKEAN
VISITORS
DR S EVANS DR D A MONK
LIST OF SUBSCRIBERS AT 31.12.2025
| Mrs.M.K. Aitkin | G.A. | Mrs.B. Mullins | G.A. |
|---|---|---|---|
| Dr R Azurdia | G A | Dr. M. Murphy | G.A. |
| Mrs.Alison Bark-Jones | Prof. J. Rhodes | ||
| Mrs. A.L. Beddow | G.A. | Dr. A.S. & Mrs. | G.A. |
| Mrs. R. Birchall | G.A. | A.E.Taylor | |
| Mrs. R.J. Brice Mrs. M.A. Calver Mr. M Casserley Mrs. J.J. Chalmers Mrs. A. Cohen Mrs. V. Coulter Dr. M. Desmond |
G.A. G.A. G.A. G.A. |
Mrs. K. Taylor-Robinson Dr.J. Thomas Dr. Diana Walkden Dr. F.White Dr. Pamela White Dr. & Mrs. J.G. Williams Dr. A. Zsigmond |
G.A. G.A. G.A. G.A. G.A. G.A. |
| Prof.J.E. Earis | G.A. | Total amount subscribed | £1141 |
| Dr. Sue Evans | G.A. | Explanation of symbols: | |
| Dr. Chris Evans | G.A. | ||
| Mr. R. Farquharson Mrs. M.J.Forrest |
G.A. G.A. |
C.A.F. = Charities Aid Foundation G.A. = Gift Aid |
|
| Dr. F. Fraser | G.A. | ||
| Mrs. M.P.A. Fuld | G.A. | ||
| Dr. R.W. Galloway | |||
| Mrs. M.A. Ghorbal | |||
| Mrs. E. Ghosh | |||
| Mrs. D.J.W. Gow | G.A. | ||
| Mrs. S. Graham | |||
| Dr. I. Graham | G.A. | ||
| Dr. Jean Hughes | G.A. | ||
| Mrs. J.B. Humphriss | |||
| Mrs. G. Kean | C.A.F. | ||
| Mrs. J. Kennedy | G.A. | ||
| Mrs. J. Kenyon | |||
| Dr. Clodagh King | G.A. | ||
| Mr. M.C. Lynch | |||
| Dr. Diana Manning | G.A. | ||
| Dr. V. Martlew | G.A. | ||
| Dr. A. Monk | G.A. | ||
| Mrs. B. Moore | |||
| Prof. & Mrs. A.I.Morris | G.A. |
DONATIONS 2025
Liverpool Local Medical Committee ....................... £1700 Income Tax Charity Repayments from Gift Aid ........ £ 371 Total £3212
The Cltarty Registration Number is :_ 247161 Merseyside Medical Benevolent Fund Report and Accounts 31 December 2025
Merseyside Medicxl Benevolent Fund Report and aeeounts for the year ended 31 December 2025 Contents Page Chrity inform•lifyn Trusteej, Annual Report Sttem¢nt of Trust¢¢'s respon$ibTlh1¢5 Independent Ex2mlt)er'$ Repfyrt S¢at¢m¢ni of Finin¢ial Adiviti¢5 St8temenl ofFinancial Aclivitics- Prior Year statem1 Slateml of totol r¢¢ognis¢d gains and losses Movements in funds 10 B812neesheet 12 Noles to the accounts 13
M¢rseyshl¢ Medltxl BtneYoleDt FllDd Trustees, ADnual Report for the year ended 31 Deeember 2025 The Tntsiees present ther Report and Accounts for the year ejbjed 31 December 2025. RefereD¢e and AdmiDistra¢ive details The chorlty nome. The legal name of the charity ii:. Mersryside frdedical Benevolent Fd. The tharity is a150 knowm by its opeTa(in8 nwDe. M¢n¢yside Medical B¢D¢Yol¢ni Fund. The ch4rfty 4rMs ¢weMilo UX¢h•fftt4Ne rrylsff4 The chariry is re8iStered in En8land & Wales with the Charity Commission in En & Wal¢s (CCEW) with charity Dumber 247161. The tharity doe8 not opernte ID any ovenex jwisdiaions. Le8•1¢thre of¢he ch4TAty The charity is consiituied as a chrtiy e5tsblisl%d I Chrity Commission heffle. Th¢ 8overnin8 do¢wneni of the chariiy is the TTr1 Dttd esthblishing the charity. There are no restri¢iioDs in the governing documerts on the OpeNI of the Charity or on ils invesunenf power5 other than those imptyd by Crity Lw. The truthes are all iDdividuAIs.
Mer8ey8ide Medi¢al Benevolent Fund Trustees, Annual Report for the yr ended 31 Dttember 2025 The prinelpal optratthg addre4 tsltpbone nuwbtr, thail and web ddresses ofthe charity are:. 6 South Road Grassendale Park LiveTpooI L190LT Telephone 0151558 0720 Email Address d1i0hnma¢keaIj.cOM Web adthess www.mmbf.org.uk The Trwtee5 in offKe on the d•ts the report w•s approved were:. Dr John Makintosh Macke Dr St¢phoni¢ Gallard Dr Richard Michael A7Mrdia Dr John Gordon Williau)s- resied 14 NoveDts 2024 Dr Chris Evans Alison Margot Coh The folh)wing p¢rJonJ J¢rved u Trttsttts drIng the year ended 31 Deternr 2025:_ The trustees who suved as a tnLStee ID the r¢wxtin8 period Mrre sho1 above. All the trustres are also memkn of the charity. Objects And a¢tivities of the tharity Thepurpos of ihe charity LY set 041 in itsgoverning docAmenL The obj¢¢i of the ¢harity TS the provk%iffl of benevola yants to Thembets of the m¢di¢al prOf10n and their dep¢ndants within th¢ M¢rs¢y5id¢ are The charty's slraltglesfor athlevlng its andobieclives In ihefHtMr The objective remai unchatt8ed forthe firt. The int¢ntion is for continued investment managerttt and distribution of in¢om¢ ¢0 members of the medical profr5sion thetr dedthts within the Merseystde area.
Merseyside Medical BenevoltDI Fubd Trustees, ADnual Report for tbe year ended 31 December 2025 JnvesimtPerforUnet Ihe inveslxwts obiediv The charity had urtrealised gaitis of £62.932 their investhKnt fimds. Stru¢ture? governn¢e and maDagemenl of the TSB. Lord Stre< LiverwL 12 6PG FillD¢ial revlew The ehurity'sfthancialpom'lion ai ihe tndoftheymr ended31 Dec¢mber2025 The fitmncial posiiion of the ¢harity w 31 December 2025 and c(Jmpwwves for the prior perityl as more fully deiailed in the accoun¢& can be as follows:_ 2025 2024 Ntt Intome 76.205 24.316 Unrestricted Revenue Funds availabk for the general purposes of the Charity Design¢d Revenue Funds Toiql Unrese1¢dFMnd5 401.176 324.971 68.987 470,163 68,987 393,958 Tolal Funds 470.163 393,958 Fittattcialreview of¢heposilion at ihe reportlAg dffje. 31 Decenthr 2025. The total iAcoming resources for the y¢ar were £26.763. Total r¢sourtes expended wa5 £13.691 and gain on investrnents £62.932 resulting in Det incs)ming resou of £76,004 which added to reserves iought fonyard giving to¢al of £469.962 carried forward. Detsib of The IDdependeDI Examiner Mrs T PritchaTd meMr of ICAEW 255 Poulton Road Wallasey Wirral CH44 4BT
Merseysidt Medkal Benevolent Fu•d Trustees, Annual Report for tbe yur ended 31 Deeember 2025 Statement of Trustees, Responsibllltles The charl5 trwte¢s are r¢sp¢ffisibl¢ for the prep•Tation of the accounts in accordance with the tern of the Charities Act 2011 aThJ the Charitie5 {Accounts and R¢wts) Regulaiion$ 2008. NoThviihsiandin8 the expli¢it requirement in the extant statutory regulaiions,the Charities {Accounts and Rep)rts) Re8ulttions 2008. 10 prepore the financial siaiements in accordance with the SORP 25, in view of the f4¢1 thi ihe SORTr 2005 his beett withdrBwry the Tnjsttts detern11n w interpret this responsibility as requiring thern to follow current best practice and prepare the accounts accordin8 10 ihe FRS 102 SORP (Staternent of Recommended Practice ftir Accounting and Reporting by Ch¥rtties) 2015. (as iMend by the Bulletin issued in Octobpr 2018 and applicable to all accounting periods b¢8innin8 on or after 151 January 2019). (The SORP), . In pirtT¢ulir, ¢h•rity law wuires the Trustees. if they preIe accoths on an 8¢¢rual$ bosi$, lo prep8re financial siaiements for ea¢h finan¢ial yetr which give a tnK arwj fair View ofthe stale of affairs of the ¢harlty as at the end of the financial year and of the $Wph or defictl of the ¢harity. In preparin8 those financial $1gtements the Trustees are required to:. - to prepare the Accounts in a¢con1ae with United Kingthjn Genernlly Accepted A¢countin8 Praciice (Uniied Kin8dorn A¢¢ouniing Stsndthls and appliubl¢ IAw}. - sel¢¢i suitable 8¢¢ounting policies and appty th¢m consistently: - make judgements and eImate5 that are r¢asonable •nd pnthii: - prepre the fingn¢ial statements on the goin8 concem b1$ unle35 it is iMpwopriat¢ to presume th•1 ihe ¢harity will continue in iwsiness: stole whether applicable accounling standards and 51•t¢ffKnts of recommended prnctice have been followe4 subject to ary material deportures di$closed and explained in the fuwi¢i#l slatemenis; The law requires that ihe tnLqtees must approve the •¢counts Unle they are saiisfied they give 4 trne and flir view of the $tal¢ of affairs of the charity and of the surplus ordefi¢il of the charity for the year. The Trustees are also responsible for mainlaining odequ*¢ accounti records which di$elos¢ with reasonable accuracy at any time the fjnancial wJ5ition of the charity and which are sutricient io show and explain the charitys transactions and enable them to ettwre thai the financial $iatem¢nts ¢omply with re8ulations made under the Charities Aci 2011. They are •150 responsible for safeguarding th¢ 055¢ts of th¢ charity and hence for iakin8 reasonable steps for the prevention and &ieciion of frwd Ind other irregularities.
Mer8eyJide Medical Benevoletst Futtd Trustees, ADnuAI Report for the year ended 31 Deeember 2025 The Tnte¢S are also responsible for the ciffitents of th¢ Trusttts, rem and the 5talulory r¢SS1bIllty of the Indendent Exarnir in relion w the Tnee5. re}rt is limiied io examining the report and ensuring that. on ihe fa¢¢ of the re) kn are no mawial Inc(nCleS with the figures disclosed in the fuwKial stsiements. This report was approved by the board of trus*es on ? (k2026. Doctor J Mackeon Trus
Mer¥eyside Medical BeDevoknt Fund Report of the Ithdependent Exall)Iner to th¢ Trustees of tht charity OD th¢ x¢¢ount$ for the yr end¢d 31 Deeembtr 2025 I report io the TNste¢$ on my aMInatIon of the financiol statements of the charity on pages 8 to 21 for the y¢ar ended 31 December 2025 which havc been prepared in ac¢ordan¢¢ with the Charities Act 2011 (the Act) and with the Financial ReFrtIng St8ndard 102, (¢ffe¢iive 1st January 20161 adapted to meet the needs of unincorrA)fdted organisations, as modified by FRS 102 SORP (Statsment of Recommended Pra¢ti¢e for A¢counting and Reporting by Charities) 2015. {as amended by the Bulletln j5sued in October 2018 atKI applicable to all a¢nI1g periods beginning on or aft¢r 1st January 2019). {The SORP), published by the Charity Commission in England & Wale5 (CCEW). and under the hisiori¢al cost convention and th¢ a¢ctsuntin8 poIi¢i¢s set out on page 13. Respe£tlve responsibllities of the Trnstees and the Ind¢pendertt Examiner and the basts of the report As described on pa¥e 4. you. the charlS Trnse& ar¢ resT¥Jnsibl¢ for the preparAtion of the financial ststemertts in cordan¢¢ with the Chariti¢5 Act 2011 and all other appli¢able law artd with United Kingdom G¢n¢r8lly A¢PIed Aecountirtg Pr8¢ti¢e, applicable to smaller entities. attd for being satisfied Ihat the financial statements give a true and fair view. The Trnstees eonstder that the audit requiremeni of S¢ction 144(11 of ihe ClntIeS Act 2011 (the Aet) does not apply, and that there Ès Tho requirement in thc Governing D(Kument for the conducting of an audit. As conseque¢. th¢ TTUStees hav¢ ¢lect¢d that the finan¢ial statements be subj¢¢t to independent examination. Having sati$fi¢d myself thai the finan¢ial statemertts are required to be aydited under any legal prowsion. or otherwise, and are eligible for ind¢p¢nd¢nt examination, li is my responsibility to.'- a) examine the financial statem¢nt5 of the charity under Se¢tion 145 of the Act- bl follow the applicable procedure5 in the Directions given by the Charity Commission under section 145(5}Ib> of the Ad. Basls of Independ¢i)t Ex#miThe$ Sttesnent iDd scope ofwork dertaken I report in respect of my eXamItion of the charity's rtnanctal siatements carried out und¢r $145 of the Act. In ¢arrying out my ¢xamination, I have followed all ihe applicable Directions given by the Charity Commission under se¢tion 145(5)Ib) of the Act %tting out the duties of an independent examiner in relation to the conductlng of an ittdepertdent examirtation. An independent examination ittcludes a review of the accounting record5 kept by ¢h¢ charity and of the a¢¢ountin8 syst¢ms ¢mployed by th¢ charity and a cOMrIson of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures rn the finan¢ial statements. and seekin8 explartatiorts from you. as Tn]st¢¢5. con¢erning such matters. The purpose of rhe examination is to establish as far as rK)5sible that there have been no breaches of charity legislaiion and thgt, on a lest basis of evide¢ relevani kn the amounts and disclosures made, the financial statements Comply with the SORP. Th¢ procedures und¢rtaken do not provide all the evidenee t1 would be required in 4n audit, and infornution supplied by the Trustees in the course of ihe examination is not subje¢ted io audit tests or enquirie5 and does not cover all the matters that an audrtor would consider in aryiving at an opinion. The plonning and conduct of an audit goes beyond the limited assuran¢¢ Chat an independeni examination can provide Consequently, I do not express an audit opinion on th¢ view given by the financÉal stotsm¢nts, and in particular, I express no opinion Is to whether the financial siatemenis give a true 8rtd fair vi¢w of the affairs of the ¢hariry, and my report is limited to the matters set out tn the 5tatem¢nt below. I plann¢d and perfornied my examination 50 as to satisfy myself that th¢ obj¢¢tives of the independentexlmination are achieved and befor¢ finaltsins the report l obtained written assurance5 from the Trustees of all materi41 matters.
Merseyslde Medlcal Benevolent Fund- Sttement of Flnn¢ll A¢tlvltles for the year ended 31 December 2025 Statement of TotAI Reeoylsed Glkns and Losses ft)r tbt year ethdtd 31 Detembtr 2025 2025 21J24 Slltplu for the Yr:. Net excess of in¢om¢ over expenditure from operntions b¢foT¢ tax 13.273 16.560 Ineomefrnm opernllolls before loy Ihe Slalemeniof FlnftnclrtlAcllvlles 13,273 16,5611 Ad4Vfrferfucl) Non Inc¢nK undwendllure Ilenkf... UnrealiBed 8ains on Investments Net Movtmtnt In fuThdi before taxitl• 62.932 76305 7.756 24J16 FNdS &eNerated In ¢h¢ ytr 41 ihowTr on StAt¢ment of Flnttdl A¢tlvltl¢• The notos ittlehed on p8ei 13 to 21 forni Integral PArt of tbue 4ccoun¢ Mtneyjlde Medlcal Ben¢voknt Fynd- Rert# lpplled l the ytar ettded 31 Dettmber 2025 towardi flxed
isets f•r Cblrlty uie:.
2025 2024 Funds generat¢d In th year as detailed in ¢h¢ SOFA 76.205 24,316 Net wourctt I11b]e to fvnd eharltable actlvltlei 24 The notej #ttched p4geJ 13 tfj 21 forrn An Inttgral part of tbett a<tountL
Merseyside Medical BtDevolent Futhd- StstemLt of Fian¢il A¢livitiu for the year ended 31 December 2025 SORP Ref Prfor Yer VRrerided Fwids 2024 PrknT Ye•r Rostrltted Prltrr Year Toiil Funds 21124 1•24 ID¢orne & EDdowmeDts fr•m: Donauons & L¢wi¢s Inv¢s¢m¢nts Al A4 7J94 21.548 7J94 21J48 Tfjt•l IDc•me 28.942 2&942 Expendlture 00: Charitsble afflivities B2 12.382 12J82 Total exp¢Ddllur¢ IU82 12J82 losju on inv¢strn¢nty 7.756 7.756 Net Ineome for the ye•r 24.316 24.316 Net IDtome Afttr trADrf¢r• 24,316 24.316 Net mov¢w¢o1 lry funds 24J16 24J16 Re¢o4elllwJlloo oftsnd•:. Total br•u8ht forwrd 369,642 369h42 Total fllnds ¢&rrled fomnl 393.958 393,958 All ¢tlvltl¢s derlv¢ frow WDiln¥lmg opeNIIo Th• ttehed pages 13 to 21 rt)nn kni¢trl PArt •fthNe #etM#
Merseyslde Medleal Benevolent Fund- Ststem¢Dt of Fiuao¢iil A¢tsvitiu for the year ended 31 December 2025 Mov¢meDts ID revenue xmd upithl funds forthe yMr ded 31 D¢ewub¢r2025 Rev¢ le¢MlI¢¢ funilj Totxi Fund 2025 Last year Totsl Fun 2024 Fd$ 2(125 2025 Accumulattd fiuKls brou1 forw¥d 393,958 393,958 369,642 Recognised gains attd105ses b¢for¢ transftrs 76205 76.205 24Jl6 470.163 47163 393958 CIDsillg reve• furtds 470.163 470.163 393.958 DeStted revenue fM4ds imcluded witbi• tht unrestr bovt Lst year Total Funds 21124 Ftsllds 2025 At l January 68.987 68.987 At 31 Dttembtr 68.987 68,987 The purp05¢5 for whieh these funds have been desi w¢ de5uibed in 14 to the &counts. gf UmreJ¢ri¢t¢d aDd l)esigDtrd furtds 2025 L¢ Ye•r Totsl Futt Fwids 2•25 2024 Revenue xcumulated fiuMIs Revenue desig1 fiuth 401.176 68.987 401,176 324,971 68.987 T•)¢l funds 470.163 470,163 393P58 The ttAeknd OA p•gu 13 to 21 illteÈr*l rtOr¢b¢se
Merseyside Medical Benevolent Fund . Balance Sheet 4$ at 31 December 2025 SORP Not¢ Ref 2025 2024 Fixed asets Inv¢stm¢nts held as fixed assets 7 A4 426.111 363.179 Totsl fixed w¢ts 426.111 Current Jsets Debtors Cash al bank and in hand 8 B2 B4 565 44.147 1.030 30.409 Creditor$: #mounts flllthg wlthln ¢ yer 9 Cl 16601 16601 Net ¢tyrrtht gssets 44.052 30,779 The totsl net xqiets of the ehgrlty 470,163 393.958 Th¢ totsl n¢t sets of the ¢hrity are ftshded by the futtds of the tharity, *5 follows:_ Ullrutricted Funds Unr¢ari¢t¢d R¢v¢twe Fut 12 D3 401,176 324.971 401.176 324.971 Deslgnated Funds Designated Revenue Funds 12 D3 68,987 68.987 68.987 470.163 Totsl thgrlty funds 393,958 The'SORP Rcf indi¢8ted above is the tlassifi¢aiion of Balance Sheet items as s¢i oui in ihe fornial SORP docunKnts. As required by pArngrMph 4.60 of th¢ SORP. the brought forward and ¢aTri¢d forward fiLnds oix)v¢ have been agreed to the SOFA.. The TruAees aCktWIed8e their rcsponsibilitiC5 for complyinB With th¢ rwuirements of charity Ic8islation with respect to accounting records and thc preparation of ar¢ounts. Th¢ Charity 1$ subj¢c¢ to Ind¢pwJdenl Examinalion under charity legislation. &tLd the report of the Itmiependeni Examiner is on pa8e 7. Th¢ Truste¢$ satisfi¢d thJL althou8h the charity is not T¢gist¢red under the Companies Acts, tf it We so re8isler¢d, il would be eli8ible io prepare accounts Lrt at¢ord8nce with the provisions in Part 15 of the Compatlies Act 2006. applitable to companies subjeet io ¢h¢ small companies r¢gime. Doctor J Mack¢an Approv¢d by th¢ board oftrua¢¢S On 13 2026 The Dotes ottlched on pgges 13 to 21 form inttgr#l p•rt of the$¢ a¢¢outhts. 12
M¢rs¢yside Medl¢al Bettevolenl Fund- Ststement of Flnantlal Activities for th¢ year ended 31 December 2025 Sialemenl of FlnandalAcllvliieslor iheyefjr ended31 December 2025 SORP Ref Current yer Unrestrkted Funds 2025 Current yer Rtltrlcted Funds 2025 Curmit yr Total FuDds Prlor Year TotAI Fundj 2024 2025 Intomt & Endowments from: Donations & Legaci Investments 3,212 23,551 3312 23,551 7,394 21,S48 A4 T•tAI ltteome Expendlture on: Charitsble activities B2 13.490 13A90 12,382 Total ¢xp¢ndllyr¢ 13.490 13,490 12 Net lo$$u on Inv¢$tm¢n¢s 62.932 62,932 7.756 N¢1 In¢ome for th¢ ye&r 76305 76305 24J16 Net Income after tranife A-B 76,2115 76,205 24Jl Net movemeTr¢ In 763(15 76,205 24J16 ReeoThelllatloTr of funth:. Total fuThth browght forw4rd 393.958 393,958 369,642 Tot•1 ehrrltd f•rwrd 470,163 470,163 393,9S Th¢'SORP R¢f Indleated ilKve Is the classlficailon of in¢ome set out In the fomial SORP documents. As required by paragraph 4.60 of th¢ SORP. the brou8ht forward ind corri¢d fOard funds Above have been agrttd to ihe Bala¢ She¢t. A S¢otemenl of Total Re¢o8ni5¢d Gains •nd L05s¢s Is Included AS a PrIm sthtement In these accounts. All the PTIOT yeor trAnsa¢¢ion5 w¢r¢ Iinr¢51ricted items, and no fvrther anilysis is requÉred All 8cliviti¢s derive fmm continuing op¢ratioDs The notes AtIAthed w pa8¢s 13 10 21 form •D IDtegr#l part of these 8etDuo
Mergeyslde Medical Benevolent Fund IDdepend¢nt Examiner's StaterneDt. Report Op110 Subjeci to the limil05 upon the scope of my work as derailed above. I hive eonipkied my examimtion: and Can eonfjrni that:. This is a report in respea of an ¢xamin3tion carried oul under 145 of the Act and in accordan with D$tionS given by the Charity Commissiort under se¢lion 145I5llb) of the Act which may be appli¢able' and that no material matters have come my at¢entiOrt in conne¢tiort with the examin81iort 8iving me cause to b¢li¢v¢ that in any material resPCCt=. accounting rOrdS were not kept hrt respect of th¢ ¢harity a5 r¢quir¢d by wilh Sedion 130 of Th¢ Charities Aet the financial statements do Cord with those records; or the financial statements do not ¢omply whih the applicable requirernenls concernin8 the forni and conient of gccounts set out in the Charities IAceoun¢s and Reports) Re8ulatLoll5 2008 other than any requirement that the aoUnts give o'true and fairf vi¢w. which is a matter consid¢red as pan of an ind¢p¢nd¢nt examination.. have not been prepared in accordance with the m¢tlM)ds and prin¢iples set out in the FRS 102 SOiiP (Statement of Recommended PrtIce for A¢wunting and Reportin8 by Charities) 2015. (as amended by the Bull¢tin iS5y¢d in O¢tober 2018 and applicable all accoun¢in8 periods beginning on or after Isi January 2019), (The SORPI. I have no concems and have Come across no o¢her mattern in ¢onne¢iiort with the examination io which itteniion should be drawtt in this report in order to enabl¢ g proper understsndÈn8 of the financial $tstem¢nts to be reached. S*ned:. Mrs T PrihaTd- Ind¢p¢ndent Examtner Member of ICAEW 255 Poulton Road Wallas¢y Wirral CH44 4BT This report was signed on 2026
MerseyAide Medi¢ai Benevolent Fund Notes to the Aeeounts for the year etsded 31 Deeember 2025 Aeeoulltlog polleles Poll¢les relating lo Iheprodmctiom ofthe Basls of prepar*tloD and aecountlDg convtffjtio The a¢¢ounts have been prePad on ihe K¢nJals basis. under the histLYical cosl conv¢ntion, and in accordance with the Financial R¢p)rting Swidard 102. (effective 1st January 20161 and'FRS 102 SOR {Sthtemeni of Recomrncndcd Praeticc for Accounling and Rewiing by Chariiies) 2015. las amended by the Bulleiin issued in O¢iober 2018 aml appli¢able to all accouniin8 periods bcginnin8 on or after I J#rtuary 20191, (The SOIiPI. publishd by the Charily Commission in England & Wales ICCEW), etTective January 2016.. Slnd in accordance with all appliuble law in the ¢hariiY$ jurisdictilKL of re8t5tration, ¢xceo thai ihe chariiy has prepad the flnancial 5taiements in accordance with the FRS 102 SORP {Stsiemeni ofR¢¢ommend¢d Pra¢11 for Acc(wntin8 and Reporting by Charities) 2015, las amended by the Bulleiin issued in 0¢ber 2018 and applicable to all a¢¢ouniing periods begimiing ¢)n or after January 20191. (Thc SORPI, in preferen¢e io the previous SORP. the SORP 2(K>5. whieh has been wiihdrawn. ttWIthsdlg the fact thai the exlanl sthtutory re8u14htions. thc Chariti¢5 {A¢courtts and R¢pDrtsl Regulaiions 2008 r¢f¢rexpli¢itly 10 the SORP 2005. This has been iknie io accord with cyrrent practice. Goltsg Con¢¢rn Trustee5 ore slltisficd thaL at the time ot-approving ¢h¢ fjnanciai statemetts, it is uppropritste to adopt th¢ 80in8 concern basis in weparing the financial statrments. Other than these matters, Ihe Trustees ire not aware of any maierial uncertainites atx)ut the charitS ability conlinue as a goin8 ¢OIIC¢rn. Rtsks futur¢ Assurnptions The ¢hJrity is a publiL TherJt entity. Income reeo itiOA Income, wh¢ er Imm exchan8e or non cxchan8¢ trdnsa¢¢ions. is trcognised Ln ihe statement ol'tittancial activities {SOFAI ¢)n a receivable busi% when a Iranso¢tion or oiher eveni results in an increase in the charity'5 assets or a r¢duction in its liabili¢i¢s and only when the charity has legal eThtitl¢meni th¢ income 15 probllble and Can b¥. mcJsur¢d r¢liably. All income 15 aCCOUttted lor gross, before deduciing any related fees or costs. 13
MerJeyslde Medical Benevolent Fund
Notes to the Aecouthts for tbt year ended 31 Detember 2025
Poudu r¢l4dMgl¢ ¢wNdlthre onyods andscrnl¢¢sproyldedto theeh•rfty.
RttoEDltlon ofiknblllties uptndhur¢
A lijbility. and the related expendittry is reco8ftised when a legal LYconAnthve ob118atii exists &8 a
re11 of 8 pist evenL and when it is more lik¢ly than that a tran$fLY of e¢)xomic benefits will be
required in sertiemeni and fh¢n th¢ omount olthe Oblivti be rtliably estimate
Liebilitles arisinB fr(m firturt fundin8 committnem and CA)A41¥e obli8a¢ion& includin8 rfOrnI¢c
related where the liming or the omount of the future exF¢nditwc ryuitcd to settle the obli88tion
ar¢ unc¢nairn Biv¢ ris¢ to • provision in the a¢couthts. which is reviewed ai the X4Mwntitt8 year end. The
proviSLon Is increaxed refleet Any incre48es in liobilitie4 and Is deC¥ewS by the utilisati(m of any
provision within th¢ Fwirf and reversed Èf any provision is no longer Yequirtd. These rnovamthts we
horBed or udi¢¢d to th¢ r¢smive fund5 Whd 8¢4iViLies to which the p[ovi$1 relatrs.
Poudes relqdng l• •ss¢ts. U•blllrfa ••d+)th¢rnMffers
FIA•d AM¢t Inv¢ttments
Fixed auet investments in quoted shirt& trbded td5. investment Wo11¢$ •nd similar investments
are showi iniiially ai ¢oM u]M wui$ition Ind at their vlue #i the bg18rhce shttt date ai the
¢nd of th¢ finan¢ial wiod. Invejtrnenl prnputies #re depreciated.
All gains on red 053¢¢ inveAments. whether rtallsed or wire411s. we included In mw B4 of the
Statern¢nt of FiMncil Aetivliies.
Deb¢or4
Delknrs ore measuffd * their r¢¢ovff4bl¢ InnIS it the sheet
CredltoN and provtsb
Creditors are rewnixd ih¢ir xttl¢m¢nt value.
Flnantknl Imeludlni u¥h AThd b•wk
Cash h¢ld by th¢ thorily is in¢luded at the amount ActulY h¢ld •Thd ¢4m1 at thc year end. Bank
ILnces, in ¢rtdii troverthwn, are shown •t th¢ anthnts re
Merseyside Medical Benevolenl Fund Notes to the A¢fouDts f•r tbe ye#r etsded 31 Deeember 2025 3 Windiog tsp or di5solutiOD of the charity Irupon windin8 up or di5501uiion orth¢ dwity th¢rt remain anv as5d& after thc sausfxti( ofall debts and liabililie5. the represent by the accurnulated fuyj sho11 be vansfr¢ io some other charitable ly)dy w bodies having similar (JeCts tothe ¢hariiy. Ur¢allsedgolns/flossesJ udwrilimz •fewrylMz Listed investmems- Unreali5ed 61932 62932 7,756 Totsl UDr¢•il%d {105) ete 62?31 62,932 Totsl r¢all and wirulised yi 62932 62932 7.756 All the 84ins al losses in the prior year wus UEhrtsrictd. Unreallsedgthlnjllouuj wrllingdown ofcmythg Listed itivesun¢nL8- Unrealised 7.756 7.756 Total u#realls¢d Sa(10$5ts) etc 7.756 7,756 Total rexlistd u#r¢alised gins 7.7 7.756 S Remutterntk)n •od PAymeHts to Trustees abd Per1 e•ts*erted Ivith the No truA¢es or conneaed with thern r¢c¢ived any r¢rnun¢rntion fn)m the ¢h•riiy. or any relat¢d erttity. Th¢ eXrLSeS reimbursed io or paid diree¢ly w third prtics. in the curreni tt pTi¢)rye4r. Wds as bclow. 2(125 2024 The amouni re1mlrsCd to trusttts 351 252 15
Merseyside Medical Benevolemt Fund Notes to the A¢¢ounts for th¢ yr ¢ttd¢d 31 tleeemb¢r 2025 7 InvestrneThts heid 4s fixed assets Olher clt$ or Totsl Totsl bstdl•rfts Crrylng vallles of Investsents At l January 2025 Additiot Rewdluaiion at 31 D¢¢¢mb¢f 2025 363,179 363.179 363.179 61932 62.932 62.932 At 31 Detember 2025 426.111 426,111 426,111 b¢tw¢eth flr vltye hLrtwkl t{1 Investsn¢nts 8s atM)v¢ held ai fairvalue 426,111 426.111 426.111 Tot•1 4tJl Deteber 2025 424111 The inveth¢nts ar¢ in Charifitnd Unl an 4uitiu invesknenl fthMI fi)r charitie5. 8 Debton 2•25 201 364 1.030 9 CreditOT5: f*llingd•¢ vlithin ODV y¢•r 2025 2024 Attrus 660 16
Merseyslde Medhcal Benevolent Futtd Notes to the Aeeounts Cor the ye)Ir ended 31 Deeember 2025 10 No reknttd p#rty trattsltilons There were no vAnsKiion$ wilh related porties in th¢ y¢Dr. 11 hrtICllrS of bow p•rtl¢uknr are repr¢seOted by 8SlttS 8nd Ilabllatits At 31 December 21125 Unwtrleted Dulgn4ted Re5trlcttd fulld5 Total Fun Inv¢Mm¢ni$ Ji valuaii:. FiY¢douel Invejimttnls Current A¢$ Curr¢ni Lifjbiliiies 426.111 44,712 (6601 426.111 44.712 {6601 426,111 44,712 (660} 470.163 470,163 470,163 At I JAnllary 2025 Vprutrltted D181¢d Rutrk¢¢d fund• ds T•t•J Fulldj Total Fuuds InveMmenis tsi vtsluution:. Fixed assct invesimen Curr¢n¢ As8¢t$ Curr¢n¢ Ligbilltl¢¥ 363,179 {J7,5481 16601 363.179 31.4YJ (6601 363.179 3JA39 (660) 68,987 324,971 68,987 393.958 393,958 17
Merseyside Medi¢xl Benevoltnt Fllnd Notes lo tb¢ A¢¢ounts for th¢ yt#r ended 31 Deeember 2025 12 Change total funds over the Ye $ in Note 11 . ty£ed by individ1 flln(b Fumds brnt fornrd Movement TrAn5fers b¢lween fwid5 ill F•Dds rTied erried fonv8rd to forward lo 2026 2025 See Note 13 Untricted Revtnue Fund5 Designated Revenue Funds 324,971 68,987 76205 401.176 4111.176 68,987 68J87 Totsl r¢seted and deslgnxted 393JS8 470.163 470,163 Total eharlty 3939S8 471163 470,163 13 AntysiJ of rnovemeats h funds over the yur $ s&•wA la f40ts 12 Oth¢r Mov¢mMt Movenhettt 2025 2025 21)ts 2(125 2025 UnratnciedtTKddcsi•f47ledlwndf.'. unrestrIa R¢v¢nue Funds 26,763 {13.49)1 62.932 7621)S 7 {13N90) 62.932 76205 7&20S 14 The puryo$ts for whlth UnreslricledqnAI Thes¢ fuDds arc held for the m¢etin8 the obiectiv¢s of the ¢h8Tiiy, and to Unrestri Revawe Funds provide rVe5 for ¥tiviti¢s, aThJ. gJbje£t charity l¢8islatio a free all Yestriction5 ffi their ux A legacy of £71.487 re1ve has sd aside tn the desigttated fund as Designated Revenue Funds the bequest (if psible) for itto be used for proje in the Sl H¢l¢ns ar¢a. £2.5(Kl of this has ten 5Dent. 18
Merseyside Medical Benevolent Fund Detgiltd an8lysis ofillcorne aDd expenditure for the year eDd¢d 31 Deeember 21125 48 required by the SORP 21115 This analysis is c14s3sifiedby¢onveMliont7lR¢•nuNaldesertplloxs by ¢llKIIy. IS DonatioD4 Grants Legacies Current year Vtyrt¥¢ritft Currentytr Prl•r Yer Ttytsl 2U25 2025 2024 Don•¢ionJ and glfts fr•w Indlylduxb SMNII dotIOnS individually jess ¢han £iOLK) Refu[ from HMRC on gift aided d0tln$ LiveTpooI LMC 3.360 371 371 1.030 1.71 1,700 I,700 Brondrth Club I J04 T•tl d•htlons And Slfts Ivom individub 3212 3312 7J94 16 IDVeltmettt ltheome Currtnt year UDreMricted Cttrrttht yeAr Toi*l Fuo PrloTYt•r Totsl FIDds 2025 2D25 2024 Dividthd ItLtome Bank Inte1 RcIv&bI¢ 23.309 242 21,497 51 242 To¢•1 Ineomt A4 23ASI 23JSI 21,548
Merseyside Medic41 Benevolellt Fund Dttslltd atta1$ ofintomt attd txpttsdltsre for tb¢ y¢areDded 31 Decemr 2025 &$ r¢qwired by the SORP 2015 17 Expenditure ¢h4rit•bl¢ ¥¢tivili¢> Gr•t fuadi¥ of 4elivitiEs CuTrtntyer Tolal Total Fmb Yur 2• Gtants made to individual5- chwitsbl¢ 5UPPOrt pa)Its IOJ13 IV13 9.150 Total grnthikthg 9.150 18 Sllpport eosts for thxritbl• a¢tivi¢i¢s C•rreDtyar Prh)rYe•r T•tsl Fry T•tl Funds CMrr¢nl Year Fwi& Eryloyeecosts R+7tincludedin diredcvsts AdfvuRiJtrAtiK overherfds Ststionery and printing 135 220 135 220 146 Liabilty and contents insur4nce 146 Prolsslon#lIeup"d1Q 44rffors rfhepth4M ouditsrora•lwer al fe¢5 Support eosts befoTE reallDCtiti 2.101 LIOI Tot*1 svpport tts- Curreut Yur Lioi All the£xp1ture in theryior)tw U[11. 20
Mer8ey8ide Medi¢l Benevolent Fund Detsiled 8D•lysis of in¢onJe and xptmdliure for the yearendtd 31 Dettmber2025 required by the SORP 2015 19 Ot&¢r Exp¢pdlture- GoverM#ee ¢ts C#fftnt ytsr Cvrnut yt•r T•lal Full Prforyeir Tol•l Curr1 Year Fwi Independent Examin¢¢s f¢es Tw$1¢¢5' ¢xp¢nses 726 n6 726 252 150 TotAI Governo¢¢ 876 876 9n All the exlIE[¢ io I10r)¥ w$ 20 Total Chrllble expeDdltw CMrv•iyur Curmt ye•r T•tsl Flo Prlor YtAr T•l•l Curreni Year 2$ 24 Totil 8rmtmikin8 ¢osts- ¢haritabl¢ suppon paymen T8] support eosts T81 Goveman¢e Costs B2e B2d B2e IOJl3 2.101 876 l•J13 2.101 876 9,15• U54 9ll Total <h#rltbk exptndlture 13h90 tJ890 12J82 All theexpdlir¢ in tht FThY)%vwsuu¢Ariued. Prftyr YMY Y•tsi prtor Ye4r 2024 Toral grnnimakin8 costs- charitable support payments Total support costs Total Governance costs B2¢ 9.150 2354 9.1511 23s4 978 T•¢41 ¢hrhble e%pEdli¥r¢ 12J82 12J82 21
The Cltarty Registration Number is :_ 247161 Merseyside Medical Benevolent Fund Report and Accounts 31 December 2025
Merseyside Medicxl Benevolent Fund Report and aeeounts for the year ended 31 December 2025 Contents Page Chrity inform•lifyn Trusteej, Annual Report Sttem¢nt of Trust¢¢'s respon$ibTlh1¢5 Independent Ex2mlt)er'$ Repfyrt S¢at¢m¢ni of Finin¢ial Adiviti¢5 St8temenl ofFinancial Aclivitics- Prior Year statem1 Slateml of totol r¢¢ognis¢d gains and losses Movements in funds 10 B812neesheet 12 Noles to the accounts 13
M¢rseyshl¢ Medltxl BtneYoleDt FllDd Trustees, ADnual Report for the year ended 31 Deeember 2025 The Tntsiees present ther Report and Accounts for the year ejbjed 31 December 2025. RefereD¢e and AdmiDistra¢ive details The chorlty nome. The legal name of the charity ii:. Mersryside frdedical Benevolent Fd. The tharity is a150 knowm by its opeTa(in8 nwDe. M¢n¢yside Medical B¢D¢Yol¢ni Fund. The ch4rfty 4rMs ¢weMilo UX¢h•fftt4Ne rrylsff4 The chariry is re8iStered in En8land & Wales with the Charity Commission in En & Wal¢s (CCEW) with charity Dumber 247161. The tharity doe8 not opernte ID any ovenex jwisdiaions. Le8•1¢thre of¢he ch4TAty The charity is consiituied as a chrtiy e5tsblisl%d I Chrity Commission heffle. Th¢ 8overnin8 do¢wneni of the chariiy is the TTr1 Dttd esthblishing the charity. There are no restri¢iioDs in the governing documerts on the OpeNI of the Charity or on ils invesunenf power5 other than those imptyd by Crity Lw. The truthes are all iDdividuAIs.
Mer8ey8ide Medi¢al Benevolent Fund Trustees, Annual Report for the yr ended 31 Dttember 2025 The prinelpal optratthg addre4 tsltpbone nuwbtr, thail and web ddresses ofthe charity are:. 6 South Road Grassendale Park LiveTpooI L190LT Telephone 0151558 0720 Email Address d1i0hnma¢keaIj.cOM Web adthess www.mmbf.org.uk The Trwtee5 in offKe on the d•ts the report w•s approved were:. Dr John Makintosh Macke Dr St¢phoni¢ Gallard Dr Richard Michael A7Mrdia Dr John Gordon Williau)s- resied 14 NoveDts 2024 Dr Chris Evans Alison Margot Coh The folh)wing p¢rJonJ J¢rved u Trttsttts drIng the year ended 31 Deternr 2025:_ The trustees who suved as a tnLStee ID the r¢wxtin8 period Mrre sho1 above. All the trustres are also memkn of the charity. Objects And a¢tivities of the tharity Thepurpos of ihe charity LY set 041 in itsgoverning docAmenL The obj¢¢i of the ¢harity TS the provk%iffl of benevola yants to Thembets of the m¢di¢al prOf10n and their dep¢ndants within th¢ M¢rs¢y5id¢ are The charty's slraltglesfor athlevlng its andobieclives In ihefHtMr The objective remai unchatt8ed forthe firt. The int¢ntion is for continued investment managerttt and distribution of in¢om¢ ¢0 members of the medical profr5sion thetr dedthts within the Merseystde area.
Merseyside Medical BenevoltDI Fubd Trustees, ADnual Report for tbe year ended 31 December 2025 JnvesimtPerforUnet Ihe inveslxwts obiediv The charity had urtrealised gaitis of £62.932 their investhKnt fimds. Stru¢ture? governn¢e and maDagemenl of the TSB. Lord Stre< LiverwL 12 6PG FillD¢ial revlew The ehurity'sfthancialpom'lion ai ihe tndoftheymr ended31 Dec¢mber2025 The fitmncial posiiion of the ¢harity w 31 December 2025 and c(Jmpwwves for the prior perityl as more fully deiailed in the accoun¢& can be as follows:_ 2025 2024 Ntt Intome 76.205 24.316 Unrestricted Revenue Funds availabk for the general purposes of the Charity Design¢d Revenue Funds Toiql Unrese1¢dFMnd5 401.176 324.971 68.987 470,163 68,987 393,958 Tolal Funds 470.163 393,958 Fittattcialreview of¢heposilion at ihe reportlAg dffje. 31 Decenthr 2025. The total iAcoming resources for the y¢ar were £26.763. Total r¢sourtes expended wa5 £13.691 and gain on investrnents £62.932 resulting in Det incs)ming resou of £76,004 which added to reserves iought fonyard giving to¢al of £469.962 carried forward. Detsib of The IDdependeDI Examiner Mrs T PritchaTd meMr of ICAEW 255 Poulton Road Wallasey Wirral CH44 4BT
Merseysidt Medkal Benevolent Fu•d Trustees, Annual Report for tbe yur ended 31 Deeember 2025 Statement of Trustees, Responsibllltles The charl5 trwte¢s are r¢sp¢ffisibl¢ for the prep•Tation of the accounts in accordance with the tern of the Charities Act 2011 aThJ the Charitie5 {Accounts and R¢wts) Regulaiion$ 2008. NoThviihsiandin8 the expli¢it requirement in the extant statutory regulaiions,the Charities {Accounts and Rep)rts) Re8ulttions 2008. 10 prepore the financial siaiements in accordance with the SORP 25, in view of the f4¢1 thi ihe SORTr 2005 his beett withdrBwry the Tnjsttts detern11n w interpret this responsibility as requiring thern to follow current best practice and prepare the accounts accordin8 10 ihe FRS 102 SORP (Staternent of Recommended Practice ftir Accounting and Reporting by Ch¥rtties) 2015. (as iMend by the Bulletin issued in Octobpr 2018 and applicable to all accounting periods b¢8innin8 on or after 151 January 2019). (The SORP), . In pirtT¢ulir, ¢h•rity law wuires the Trustees. if they preIe accoths on an 8¢¢rual$ bosi$, lo prep8re financial siaiements for ea¢h finan¢ial yetr which give a tnK arwj fair View ofthe stale of affairs of the ¢harlty as at the end of the financial year and of the $Wph or defictl of the ¢harity. In preparin8 those financial $1gtements the Trustees are required to:. - to prepare the Accounts in a¢con1ae with United Kingthjn Genernlly Accepted A¢countin8 Praciice (Uniied Kin8dorn A¢¢ouniing Stsndthls and appliubl¢ IAw}. - sel¢¢i suitable 8¢¢ounting policies and appty th¢m consistently: - make judgements and eImate5 that are r¢asonable •nd pnthii: - prepre the fingn¢ial statements on the goin8 concem b1$ unle35 it is iMpwopriat¢ to presume th•1 ihe ¢harity will continue in iwsiness: stole whether applicable accounling standards and 51•t¢ffKnts of recommended prnctice have been followe4 subject to ary material deportures di$closed and explained in the fuwi¢i#l slatemenis; The law requires that ihe tnLqtees must approve the •¢counts Unle they are saiisfied they give 4 trne and flir view of the $tal¢ of affairs of the charity and of the surplus ordefi¢il of the charity for the year. The Trustees are also responsible for mainlaining odequ*¢ accounti records which di$elos¢ with reasonable accuracy at any time the fjnancial wJ5ition of the charity and which are sutricient io show and explain the charitys transactions and enable them to ettwre thai the financial $iatem¢nts ¢omply with re8ulations made under the Charities Aci 2011. They are •150 responsible for safeguarding th¢ 055¢ts of th¢ charity and hence for iakin8 reasonable steps for the prevention and &ieciion of frwd Ind other irregularities.
Mer8eyJide Medical Benevoletst Futtd Trustees, ADnuAI Report for the year ended 31 Deeember 2025 The Tnte¢S are also responsible for the ciffitents of th¢ Trusttts, rem and the 5talulory r¢SS1bIllty of the Indendent Exarnir in relion w the Tnee5. re}rt is limiied io examining the report and ensuring that. on ihe fa¢¢ of the re) kn are no mawial Inc(nCleS with the figures disclosed in the fuwKial stsiements. This report was approved by the board of trus*es on ? (k2026. Doctor J Mackeon Trus
Mer¥eyside Medical BeDevoknt Fund Report of the Ithdependent Exall)Iner to th¢ Trustees of tht charity OD th¢ x¢¢ount$ for the yr end¢d 31 Deeembtr 2025 I report io the TNste¢$ on my aMInatIon of the financiol statements of the charity on pages 8 to 21 for the y¢ar ended 31 December 2025 which havc been prepared in ac¢ordan¢¢ with the Charities Act 2011 (the Act) and with the Financial ReFrtIng St8ndard 102, (¢ffe¢iive 1st January 20161 adapted to meet the needs of unincorrA)fdted organisations, as modified by FRS 102 SORP (Statsment of Recommended Pra¢ti¢e for A¢counting and Reporting by Charities) 2015. {as amended by the Bulletln j5sued in October 2018 atKI applicable to all a¢nI1g periods beginning on or aft¢r 1st January 2019). {The SORP), published by the Charity Commission in England & Wale5 (CCEW). and under the hisiori¢al cost convention and th¢ a¢ctsuntin8 poIi¢i¢s set out on page 13. Respe£tlve responsibllities of the Trnstees and the Ind¢pendertt Examiner and the basts of the report As described on pa¥e 4. you. the charlS Trnse& ar¢ resT¥Jnsibl¢ for the preparAtion of the financial ststemertts in cordan¢¢ with the Chariti¢5 Act 2011 and all other appli¢able law artd with United Kingdom G¢n¢r8lly A¢PIed Aecountirtg Pr8¢ti¢e, applicable to smaller entities. attd for being satisfied Ihat the financial statements give a true and fair view. The Trnstees eonstder that the audit requiremeni of S¢ction 144(11 of ihe ClntIeS Act 2011 (the Aet) does not apply, and that there Ès Tho requirement in thc Governing D(Kument for the conducting of an audit. As conseque¢. th¢ TTUStees hav¢ ¢lect¢d that the finan¢ial statements be subj¢¢t to independent examination. Having sati$fi¢d myself thai the finan¢ial statemertts are required to be aydited under any legal prowsion. or otherwise, and are eligible for ind¢p¢nd¢nt examination, li is my responsibility to.'- a) examine the financial statem¢nt5 of the charity under Se¢tion 145 of the Act- bl follow the applicable procedure5 in the Directions given by the Charity Commission under section 145(5}Ib> of the Ad. Basls of Independ¢i)t Ex#miThe$ Sttesnent iDd scope ofwork dertaken I report in respect of my eXamItion of the charity's rtnanctal siatements carried out und¢r $145 of the Act. In ¢arrying out my ¢xamination, I have followed all ihe applicable Directions given by the Charity Commission under se¢tion 145(5)Ib) of the Act %tting out the duties of an independent examiner in relation to the conductlng of an ittdepertdent examirtation. An independent examination ittcludes a review of the accounting record5 kept by ¢h¢ charity and of the a¢¢ountin8 syst¢ms ¢mployed by th¢ charity and a cOMrIson of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures rn the finan¢ial statements. and seekin8 explartatiorts from you. as Tn]st¢¢5. con¢erning such matters. The purpose of rhe examination is to establish as far as rK)5sible that there have been no breaches of charity legislaiion and thgt, on a lest basis of evide¢ relevani kn the amounts and disclosures made, the financial statements Comply with the SORP. Th¢ procedures und¢rtaken do not provide all the evidenee t1 would be required in 4n audit, and infornution supplied by the Trustees in the course of ihe examination is not subje¢ted io audit tests or enquirie5 and does not cover all the matters that an audrtor would consider in aryiving at an opinion. The plonning and conduct of an audit goes beyond the limited assuran¢¢ Chat an independeni examination can provide Consequently, I do not express an audit opinion on th¢ view given by the financÉal stotsm¢nts, and in particular, I express no opinion Is to whether the financial siatemenis give a true 8rtd fair vi¢w of the affairs of the ¢hariry, and my report is limited to the matters set out tn the 5tatem¢nt below. I plann¢d and perfornied my examination 50 as to satisfy myself that th¢ obj¢¢tives of the independentexlmination are achieved and befor¢ finaltsins the report l obtained written assurance5 from the Trustees of all materi41 matters.
Merseyslde Medlcal Benevolent Fund- Sttement of Flnn¢ll A¢tlvltles for the year ended 31 December 2025 Statement of TotAI Reeoylsed Glkns and Losses ft)r tbt year ethdtd 31 Detembtr 2025 2025 21J24 Slltplu for the Yr:. Net excess of in¢om¢ over expenditure from operntions b¢foT¢ tax 13.273 16.560 Ineomefrnm opernllolls before loy Ihe Slalemeniof FlnftnclrtlAcllvlles 13,273 16,5611 Ad4Vfrferfucl) Non Inc¢nK undwendllure Ilenkf... UnrealiBed 8ains on Investments Net Movtmtnt In fuThdi before taxitl• 62.932 76305 7.756 24J16 FNdS &eNerated In ¢h¢ ytr 41 ihowTr on StAt¢ment of Flnttdl A¢tlvltl¢• The notos ittlehed on p8ei 13 to 21 forni Integral PArt of tbue 4ccoun¢ Mtneyjlde Medlcal Ben¢voknt Fynd- Rert# lpplled l the ytar ettded 31 Dettmber 2025 towardi flxed
isets f•r Cblrlty uie:.
2025 2024 Funds generat¢d In th year as detailed in ¢h¢ SOFA 76.205 24,316 Net wourctt I11b]e to fvnd eharltable actlvltlei 24 The notej #ttched p4geJ 13 tfj 21 forrn An Inttgral part of tbett a<tountL
Merseyside Medical BtDevolent Futhd- StstemLt of Fian¢il A¢livitiu for the year ended 31 December 2025 SORP Ref Prfor Yer VRrerided Fwids 2024 PrknT Ye•r Rostrltted Prltrr Year Toiil Funds 21124 1•24 ID¢orne & EDdowmeDts fr•m: Donauons & L¢wi¢s Inv¢s¢m¢nts Al A4 7J94 21.548 7J94 21J48 Tfjt•l IDc•me 28.942 2&942 Expendlture 00: Charitsble afflivities B2 12.382 12J82 Total exp¢Ddllur¢ IU82 12J82 losju on inv¢strn¢nty 7.756 7.756 Net Ineome for the ye•r 24.316 24.316 Net IDtome Afttr trADrf¢r• 24,316 24.316 Net mov¢w¢o1 lry funds 24J16 24J16 Re¢o4elllwJlloo oftsnd•:. Total br•u8ht forwrd 369,642 369h42 Total fllnds ¢&rrled fomnl 393.958 393,958 All ¢tlvltl¢s derlv¢ frow WDiln¥lmg opeNIIo Th• ttehed pages 13 to 21 rt)nn kni¢trl PArt •fthNe #etM#
Merseyslde Medleal Benevolent Fund- Ststem¢Dt of Fiuao¢iil A¢tsvitiu for the year ended 31 December 2025 Mov¢meDts ID revenue xmd upithl funds forthe yMr ded 31 D¢ewub¢r2025 Rev¢ le¢MlI¢¢ funilj Totxi Fund 2025 Last year Totsl Fun 2024 Fd$ 2(125 2025 Accumulattd fiuKls brou1 forw¥d 393,958 393,958 369,642 Recognised gains attd105ses b¢for¢ transftrs 76205 76.205 24Jl6 470.163 47163 393958 CIDsillg reve• furtds 470.163 470.163 393.958 DeStted revenue fM4ds imcluded witbi• tht unrestr bovt Lst year Total Funds 21124 Ftsllds 2025 At l January 68.987 68.987 At 31 Dttembtr 68.987 68,987 The purp05¢5 for whieh these funds have been desi w¢ de5uibed in 14 to the &counts. gf UmreJ¢ri¢t¢d aDd l)esigDtrd furtds 2025 L¢ Ye•r Totsl Futt Fwids 2•25 2024 Revenue xcumulated fiuMIs Revenue desig1 fiuth 401.176 68.987 401,176 324,971 68.987 T•)¢l funds 470.163 470,163 393P58 The ttAeknd OA p•gu 13 to 21 illteÈr*l rtOr¢b¢se
Merseyside Medical Benevolent Fund . Balance Sheet 4$ at 31 December 2025 SORP Not¢ Ref 2025 2024 Fixed asets Inv¢stm¢nts held as fixed assets 7 A4 426.111 363.179 Totsl fixed w¢ts 426.111 Current Jsets Debtors Cash al bank and in hand 8 B2 B4 565 44.147 1.030 30.409 Creditor$: #mounts flllthg wlthln ¢ yer 9 Cl 16601 16601 Net ¢tyrrtht gssets 44.052 30,779 The totsl net xqiets of the ehgrlty 470,163 393.958 Th¢ totsl n¢t sets of the ¢hrity are ftshded by the futtds of the tharity, *5 follows:_ Ullrutricted Funds Unr¢ari¢t¢d R¢v¢twe Fut 12 D3 401,176 324.971 401.176 324.971 Deslgnated Funds Designated Revenue Funds 12 D3 68,987 68.987 68.987 470.163 Totsl thgrlty funds 393,958 The'SORP Rcf indi¢8ted above is the tlassifi¢aiion of Balance Sheet items as s¢i oui in ihe fornial SORP docunKnts. As required by pArngrMph 4.60 of th¢ SORP. the brought forward and ¢aTri¢d forward fiLnds oix)v¢ have been agreed to the SOFA.. The TruAees aCktWIed8e their rcsponsibilitiC5 for complyinB With th¢ rwuirements of charity Ic8islation with respect to accounting records and thc preparation of ar¢ounts. Th¢ Charity 1$ subj¢c¢ to Ind¢pwJdenl Examinalion under charity legislation. &tLd the report of the Itmiependeni Examiner is on pa8e 7. Th¢ Truste¢$ satisfi¢d thJL althou8h the charity is not T¢gist¢red under the Companies Acts, tf it We so re8isler¢d, il would be eli8ible io prepare accounts Lrt at¢ord8nce with the provisions in Part 15 of the Compatlies Act 2006. applitable to companies subjeet io ¢h¢ small companies r¢gime. Doctor J Mack¢an Approv¢d by th¢ board oftrua¢¢S On 13 2026 The Dotes ottlched on pgges 13 to 21 form inttgr#l p•rt of the$¢ a¢¢outhts. 12
M¢rs¢yside Medl¢al Bettevolenl Fund- Ststement of Flnantlal Activities for th¢ year ended 31 December 2025 Sialemenl of FlnandalAcllvliieslor iheyefjr ended31 December 2025 SORP Ref Current yer Unrestrkted Funds 2025 Current yer Rtltrlcted Funds 2025 Curmit yr Total FuDds Prlor Year TotAI Fundj 2024 2025 Intomt & Endowments from: Donations & Legaci Investments 3,212 23,551 3312 23,551 7,394 21,S48 A4 T•tAI ltteome Expendlture on: Charitsble activities B2 13.490 13A90 12,382 Total ¢xp¢ndllyr¢ 13.490 13,490 12 Net lo$$u on Inv¢$tm¢n¢s 62.932 62,932 7.756 N¢1 In¢ome for th¢ ye&r 76305 76305 24J16 Net Income after tranife A-B 76,2115 76,205 24Jl Net movemeTr¢ In 763(15 76,205 24J16 ReeoThelllatloTr of funth:. Total fuThth browght forw4rd 393.958 393,958 369,642 Tot•1 ehrrltd f•rwrd 470,163 470,163 393,9S Th¢'SORP R¢f Indleated ilKve Is the classlficailon of in¢ome set out In the fomial SORP documents. As required by paragraph 4.60 of th¢ SORP. the brou8ht forward ind corri¢d fOard funds Above have been agrttd to ihe Bala¢ She¢t. A S¢otemenl of Total Re¢o8ni5¢d Gains •nd L05s¢s Is Included AS a PrIm sthtement In these accounts. All the PTIOT yeor trAnsa¢¢ion5 w¢r¢ Iinr¢51ricted items, and no fvrther anilysis is requÉred All 8cliviti¢s derive fmm continuing op¢ratioDs The notes AtIAthed w pa8¢s 13 10 21 form •D IDtegr#l part of these 8etDuo
Mergeyslde Medical Benevolent Fund IDdepend¢nt Examiner's StaterneDt. Report Op110 Subjeci to the limil05 upon the scope of my work as derailed above. I hive eonipkied my examimtion: and Can eonfjrni that:. This is a report in respea of an ¢xamin3tion carried oul under 145 of the Act and in accordan with D$tionS given by the Charity Commissiort under se¢lion 145I5llb) of the Act which may be appli¢able' and that no material matters have come my at¢entiOrt in conne¢tiort with the examin81iort 8iving me cause to b¢li¢v¢ that in any material resPCCt=. accounting rOrdS were not kept hrt respect of th¢ ¢harity a5 r¢quir¢d by wilh Sedion 130 of Th¢ Charities Aet the financial statements do Cord with those records; or the financial statements do not ¢omply whih the applicable requirernenls concernin8 the forni and conient of gccounts set out in the Charities IAceoun¢s and Reports) Re8ulatLoll5 2008 other than any requirement that the aoUnts give o'true and fairf vi¢w. which is a matter consid¢red as pan of an ind¢p¢nd¢nt examination.. have not been prepared in accordance with the m¢tlM)ds and prin¢iples set out in the FRS 102 SOiiP (Statement of Recommended PrtIce for A¢wunting and Reportin8 by Charities) 2015. (as amended by the Bull¢tin iS5y¢d in O¢tober 2018 and applicable all accoun¢in8 periods beginning on or after Isi January 2019), (The SORPI. I have no concems and have Come across no o¢her mattern in ¢onne¢iiort with the examination io which itteniion should be drawtt in this report in order to enabl¢ g proper understsndÈn8 of the financial $tstem¢nts to be reached. S*ned:. Mrs T PrihaTd- Ind¢p¢ndent Examtner Member of ICAEW 255 Poulton Road Wallas¢y Wirral CH44 4BT This report was signed on 2026
MerseyAide Medi¢ai Benevolent Fund Notes to the Aeeounts for the year etsded 31 Deeember 2025 Aeeoulltlog polleles Poll¢les relating lo Iheprodmctiom ofthe Basls of prepar*tloD and aecountlDg convtffjtio The a¢¢ounts have been prePad on ihe K¢nJals basis. under the histLYical cosl conv¢ntion, and in accordance with the Financial R¢p)rting Swidard 102. (effective 1st January 20161 and'FRS 102 SOR {Sthtemeni of Recomrncndcd Praeticc for Accounling and Rewiing by Chariiies) 2015. las amended by the Bulleiin issued in O¢iober 2018 aml appli¢able to all accouniin8 periods bcginnin8 on or after I J#rtuary 20191, (The SOIiPI. publishd by the Charily Commission in England & Wales ICCEW), etTective January 2016.. Slnd in accordance with all appliuble law in the ¢hariiY$ jurisdictilKL of re8t5tration, ¢xceo thai ihe chariiy has prepad the flnancial 5taiements in accordance with the FRS 102 SORP {Stsiemeni ofR¢¢ommend¢d Pra¢11 for Acc(wntin8 and Reporting by Charities) 2015, las amended by the Bulleiin issued in 0¢ber 2018 and applicable to all a¢¢ouniing periods begimiing ¢)n or after January 20191. (Thc SORPI, in preferen¢e io the previous SORP. the SORP 2(K>5. whieh has been wiihdrawn. ttWIthsdlg the fact thai the exlanl sthtutory re8u14htions. thc Chariti¢5 {A¢courtts and R¢pDrtsl Regulaiions 2008 r¢f¢rexpli¢itly 10 the SORP 2005. This has been iknie io accord with cyrrent practice. Goltsg Con¢¢rn Trustee5 ore slltisficd thaL at the time ot-approving ¢h¢ fjnanciai statemetts, it is uppropritste to adopt th¢ 80in8 concern basis in weparing the financial statrments. Other than these matters, Ihe Trustees ire not aware of any maierial uncertainites atx)ut the charitS ability conlinue as a goin8 ¢OIIC¢rn. Rtsks futur¢ Assurnptions The ¢hJrity is a publiL TherJt entity. Income reeo itiOA Income, wh¢ er Imm exchan8e or non cxchan8¢ trdnsa¢¢ions. is trcognised Ln ihe statement ol'tittancial activities {SOFAI ¢)n a receivable busi% when a Iranso¢tion or oiher eveni results in an increase in the charity'5 assets or a r¢duction in its liabili¢i¢s and only when the charity has legal eThtitl¢meni th¢ income 15 probllble and Can b¥. mcJsur¢d r¢liably. All income 15 aCCOUttted lor gross, before deduciing any related fees or costs. 13
MerJeyslde Medical Benevolent Fund
Notes to the Aecouthts for tbt year ended 31 Detember 2025
Poudu r¢l4dMgl¢ ¢wNdlthre onyods andscrnl¢¢sproyldedto theeh•rfty.
RttoEDltlon ofiknblllties uptndhur¢
A lijbility. and the related expendittry is reco8ftised when a legal LYconAnthve ob118atii exists &8 a
re11 of 8 pist evenL and when it is more lik¢ly than that a tran$fLY of e¢)xomic benefits will be
required in sertiemeni and fh¢n th¢ omount olthe Oblivti be rtliably estimate
Liebilitles arisinB fr(m firturt fundin8 committnem and CA)A41¥e obli8a¢ion& includin8 rfOrnI¢c
related where the liming or the omount of the future exF¢nditwc ryuitcd to settle the obli88tion
ar¢ unc¢nairn Biv¢ ris¢ to • provision in the a¢couthts. which is reviewed ai the X4Mwntitt8 year end. The
proviSLon Is increaxed refleet Any incre48es in liobilitie4 and Is deC¥ewS by the utilisati(m of any
provision within th¢ Fwirf and reversed Èf any provision is no longer Yequirtd. These rnovamthts we
horBed or udi¢¢d to th¢ r¢smive fund5 Whd 8¢4iViLies to which the p[ovi$1 relatrs.
Poudes relqdng l• •ss¢ts. U•blllrfa ••d+)th¢rnMffers
FIA•d AM¢t Inv¢ttments
Fixed auet investments in quoted shirt& trbded td5. investment Wo11¢$ •nd similar investments
are showi iniiially ai ¢oM u]M wui$ition Ind at their vlue #i the bg18rhce shttt date ai the
¢nd of th¢ finan¢ial wiod. Invejtrnenl prnputies #re depreciated.
All gains on red 053¢¢ inveAments. whether rtallsed or wire411s. we included In mw B4 of the
Statern¢nt of FiMncil Aetivliies.
Deb¢or4
Delknrs ore measuffd * their r¢¢ovff4bl¢ InnIS it the sheet
CredltoN and provtsb
Creditors are rewnixd ih¢ir xttl¢m¢nt value.
Flnantknl Imeludlni u¥h AThd b•wk
Cash h¢ld by th¢ thorily is in¢luded at the amount ActulY h¢ld •Thd ¢4m1 at thc year end. Bank
ILnces, in ¢rtdii troverthwn, are shown •t th¢ anthnts re
Merseyside Medical Benevolenl Fund Notes to the A¢fouDts f•r tbe ye#r etsded 31 Deeember 2025 3 Windiog tsp or di5solutiOD of the charity Irupon windin8 up or di5501uiion orth¢ dwity th¢rt remain anv as5d& after thc sausfxti( ofall debts and liabililie5. the represent by the accurnulated fuyj sho11 be vansfr¢ io some other charitable ly)dy w bodies having similar (JeCts tothe ¢hariiy. Ur¢allsedgolns/flossesJ udwrilimz •fewrylMz Listed investmems- Unreali5ed 61932 62932 7,756 Totsl UDr¢•il%d {105) ete 62?31 62,932 Totsl r¢all and wirulised yi 62932 62932 7.756 All the 84ins al losses in the prior year wus UEhrtsrictd. Unreallsedgthlnjllouuj wrllingdown ofcmythg Listed itivesun¢nL8- Unrealised 7.756 7.756 Total u#realls¢d Sa(10$5ts) etc 7.756 7,756 Total rexlistd u#r¢alised gins 7.7 7.756 S Remutterntk)n •od PAymeHts to Trustees abd Per1 e•ts*erted Ivith the No truA¢es or conneaed with thern r¢c¢ived any r¢rnun¢rntion fn)m the ¢h•riiy. or any relat¢d erttity. Th¢ eXrLSeS reimbursed io or paid diree¢ly w third prtics. in the curreni tt pTi¢)rye4r. Wds as bclow. 2(125 2024 The amouni re1mlrsCd to trusttts 351 252 15
Merseyside Medical Benevolemt Fund Notes to the A¢¢ounts for th¢ yr ¢ttd¢d 31 tleeemb¢r 2025 7 InvestrneThts heid 4s fixed assets Olher clt$ or Totsl Totsl bstdl•rfts Crrylng vallles of Investsents At l January 2025 Additiot Rewdluaiion at 31 D¢¢¢mb¢f 2025 363,179 363.179 363.179 61932 62.932 62.932 At 31 Detember 2025 426.111 426,111 426,111 b¢tw¢eth flr vltye hLrtwkl t{1 Investsn¢nts 8s atM)v¢ held ai fairvalue 426,111 426.111 426.111 Tot•1 4tJl Deteber 2025 424111 The inveth¢nts ar¢ in Charifitnd Unl an 4uitiu invesknenl fthMI fi)r charitie5. 8 Debton 2•25 201 364 1.030 9 CreditOT5: f*llingd•¢ vlithin ODV y¢•r 2025 2024 Attrus 660 16
Merseyslde Medhcal Benevolent Futtd Notes to the Aeeounts Cor the ye)Ir ended 31 Deeember 2025 10 No reknttd p#rty trattsltilons There were no vAnsKiion$ wilh related porties in th¢ y¢Dr. 11 hrtICllrS of bow p•rtl¢uknr are repr¢seOted by 8SlttS 8nd Ilabllatits At 31 December 21125 Unwtrleted Dulgn4ted Re5trlcttd fulld5 Total Fun Inv¢Mm¢ni$ Ji valuaii:. FiY¢douel Invejimttnls Current A¢$ Curr¢ni Lifjbiliiies 426.111 44,712 (6601 426.111 44.712 {6601 426,111 44,712 (660} 470.163 470,163 470,163 At I JAnllary 2025 Vprutrltted D181¢d Rutrk¢¢d fund• ds T•t•J Fulldj Total Fuuds InveMmenis tsi vtsluution:. Fixed assct invesimen Curr¢n¢ As8¢t$ Curr¢n¢ Ligbilltl¢¥ 363,179 {J7,5481 16601 363.179 31.4YJ (6601 363.179 3JA39 (660) 68,987 324,971 68,987 393.958 393,958 17
Merseyside Medi¢xl Benevoltnt Fllnd Notes lo tb¢ A¢¢ounts for th¢ yt#r ended 31 Deeember 2025 12 Change total funds over the Ye $ in Note 11 . ty£ed by individ1 flln(b Fumds brnt fornrd Movement TrAn5fers b¢lween fwid5 ill F•Dds rTied erried fonv8rd to forward lo 2026 2025 See Note 13 Untricted Revtnue Fund5 Designated Revenue Funds 324,971 68,987 76205 401.176 4111.176 68,987 68J87 Totsl r¢seted and deslgnxted 393JS8 470.163 470,163 Total eharlty 3939S8 471163 470,163 13 AntysiJ of rnovemeats h funds over the yur $ s&•wA la f40ts 12 Oth¢r Mov¢mMt Movenhettt 2025 2025 21)ts 2(125 2025 UnratnciedtTKddcsi•f47ledlwndf.'. unrestrIa R¢v¢nue Funds 26,763 {13.49)1 62.932 7621)S 7 {13N90) 62.932 76205 7&20S 14 The puryo$ts for whlth UnreslricledqnAI Thes¢ fuDds arc held for the m¢etin8 the obiectiv¢s of the ¢h8Tiiy, and to Unrestri Revawe Funds provide rVe5 for ¥tiviti¢s, aThJ. gJbje£t charity l¢8islatio a free all Yestriction5 ffi their ux A legacy of £71.487 re1ve has sd aside tn the desigttated fund as Designated Revenue Funds the bequest (if psible) for itto be used for proje in the Sl H¢l¢ns ar¢a. £2.5(Kl of this has ten 5Dent. 18
Merseyside Medical Benevolent Fund Detgiltd an8lysis ofillcorne aDd expenditure for the year eDd¢d 31 Deeember 21125 48 required by the SORP 21115 This analysis is c14s3sifiedby¢onveMliont7lR¢•nuNaldesertplloxs by ¢llKIIy. IS DonatioD4 Grants Legacies Current year Vtyrt¥¢ritft Currentytr Prl•r Yer Ttytsl 2U25 2025 2024 Don•¢ionJ and glfts fr•w Indlylduxb SMNII dotIOnS individually jess ¢han £iOLK) Refu[ from HMRC on gift aided d0tln$ LiveTpooI LMC 3.360 371 371 1.030 1.71 1,700 I,700 Brondrth Club I J04 T•tl d•htlons And Slfts Ivom individub 3212 3312 7J94 16 IDVeltmettt ltheome Currtnt year UDreMricted Cttrrttht yeAr Toi*l Fuo PrloTYt•r Totsl FIDds 2025 2D25 2024 Dividthd ItLtome Bank Inte1 RcIv&bI¢ 23.309 242 21,497 51 242 To¢•1 Ineomt A4 23ASI 23JSI 21,548
Merseyside Medic41 Benevolellt Fund Dttslltd atta1$ ofintomt attd txpttsdltsre for tb¢ y¢areDded 31 Decemr 2025 &$ r¢qwired by the SORP 2015 17 Expenditure ¢h4rit•bl¢ ¥¢tivili¢> Gr•t fuadi¥ of 4elivitiEs CuTrtntyer Tolal Total Fmb Yur 2• Gtants made to individual5- chwitsbl¢ 5UPPOrt pa)Its IOJ13 IV13 9.150 Total grnthikthg 9.150 18 Sllpport eosts for thxritbl• a¢tivi¢i¢s C•rreDtyar Prh)rYe•r T•tsl Fry T•tl Funds CMrr¢nl Year Fwi& Eryloyeecosts R+7tincludedin diredcvsts AdfvuRiJtrAtiK overherfds Ststionery and printing 135 220 135 220 146 Liabilty and contents insur4nce 146 Prolsslon#lIeup"d1Q 44rffors rfhepth4M ouditsrora•lwer al fe¢5 Support eosts befoTE reallDCtiti 2.101 LIOI Tot*1 svpport tts- Curreut Yur Lioi All the£xp1ture in theryior)tw U[11. 20
Mer8ey8ide Medi¢l Benevolent Fund Detsiled 8D•lysis of in¢onJe and xptmdliure for the yearendtd 31 Dettmber2025 required by the SORP 2015 19 Ot&¢r Exp¢pdlture- GoverM#ee ¢ts C#fftnt ytsr Cvrnut yt•r T•lal Full Prforyeir Tol•l Curr1 Year Fwi Independent Examin¢¢s f¢es Tw$1¢¢5' ¢xp¢nses 726 n6 726 252 150 TotAI Governo¢¢ 876 876 9n All the exlIE[¢ io I10r)¥ w$ 20 Total Chrllble expeDdltw CMrv•iyur Curmt ye•r T•tsl Flo Prlor YtAr T•l•l Curreni Year 2$ 24 Totil 8rmtmikin8 ¢osts- ¢haritabl¢ suppon paymen T8] support eosts T81 Goveman¢e Costs B2e B2d B2e IOJl3 2.101 876 l•J13 2.101 876 9,15• U54 9ll Total <h#rltbk exptndlture 13h90 tJ890 12J82 All theexpdlir¢ in tht FThY)%vwsuu¢Ariued. Prftyr YMY Y•tsi prtor Ye4r 2024 Toral grnnimakin8 costs- charitable support payments Total support costs Total Governance costs B2¢ 9.150 2354 9.1511 23s4 978 T•¢41 ¢hrhble e%pEdli¥r¢ 12J82 12J82 21