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2021-10-05-accounts

Page
Trustees' report 1-4
Independent
auditor's
report 5-7
Statement offinancial activities
Balance sheet
Statement ofcash flows 10
Notes to the financial statements 11-19

Trustees Arnold
Philip Pilkington
Arnold
Philip Pilkington
Arnold
Philip Pilkington
Mark Rupert Feeny
Heloise Pilkington
Vanessa Pilkington
Charity number 249997
Auditor DSG
Castle Chambers
43Castle Street
Liverpool
L2 9TL
Bankers NatWest Bank
Reading Market Place Branch
13Market Place
Reading
Berks
RG12EP
Solicitors Brabners LLP
Horton House
Exchange Flags
Liverpool
L2 3YL
Investment advisors Tilney Investment Management
Royal Liver Building
Pier Head
Liverpool
L3 1NY
Rathbones
Port of Liverpool Building
Pier Head
Liverpool
L3 1NW
Accountants DSG
Castle Chambers
43Castle Street
Liverpool
L2 9TL

Unrestricted Unrestricted Total Total
funds funds
general capital
Notes 2021
8
2021
8
2021
8
2020f
~nom~efr
rgi
Donations
and legacies
3 25 25 25
Charitable
activities
4 17,500 17,500
Investments 5 420,429 420,429 325,533
Total income 420,454 17,500 437,954 325,558
~Ex
~en
blazon:
Raising funds 107,042 107,042 80,833
Charitable
activities
7 336,230 118,085 454,315 445,623
Other 12 86 86 88
Total resources expended 336,316 225,127 561,443 526,544
Net gains/(losses)
on investments
13 2,967,132 2,967,132 657,359
Net incoming resources 84,138 2,759,505 2,843,643 456,373
Other recognised gains and losses
Revaluation
oftangible fixed assets
276,666 276,666
Net movement
in funds
84,138 3,036,171 3,120,309 456,373
Fund balances at6October 2020 868,999 23,078,810 23,947,809 23,491,436
Fund balances at 5October 2021 953,137 26,114,981 27,068,118 23,947,809

2021 2020
Notes 6
Fixed assets
Investment
properties
14 1,535,000 1,258,334
Investments 15 22,254,450 17,362,349
23,789,450 18,620,683
Current assets
Debtors 16 1,392,341 3,839,019
Cash at bank and in hand 1,932,508 1,545,032
3,324,849 5,384,051
Creditors: amounts falling due within 17
one year (46,181) (56,925)
hiet current assets 3,278,668 5,327,126
Total assets less current liabilities 27,068,118 23,947,809
Income funds
Unrestricted
funds - capital
26,114,981 23,078,810
Unrestricted
funds - revenue
953,137 868,999
27,068,118 23,947,809

2021 2020
Notes 6 6
Cash flows from operating activities
Cash generated
from operations
20 1,892,016 3,956,568
Investing activities
Purchase of investments (4,001,759) (6,591,398)
Proceeds on disposal of investments 2,076,789 2,535,403
Investment income received 420,429 325,533
Net cash used in investing activities (1,504,541) (3,730,462)
Net cash used in financing activities
Net increase in cash and cash equivalents 387,475 226,106
Cash and cash equivalents at beginning ofYear 1,545,034 1,318,928
Cash and cash equivalents atend of Year 1,932,509 1,545,034

Unrestricted Unrestricted
funds funds
general general
2021 2020
8 8
Donations and gifts 25 25
4 Charitable activities
2021 2020
Compensation from Tilney 17,500

Unrestricted Unrestricted
funds funds
general general
2021
8
2020f
Rental income 53,126 50,056
Income from listed investments 366,480 272,493
Income Tax recoverable 759 97
Interest receivable 64 2,887
420,429 325,533

Unrestricted Unrestricted
funds funds
capital capital
2021
6
2020f
investment management 107,042 80,833
107,042 80,833

Charitable Charitable
Expenditure Expenditure
Governance Governance
2021 2020
6 6
Rental expenses 38,072 32,123
Grant funding ofactivities (see note 9) 293,000 376,000
Share of governance costs (see note 8) 123,243 37,500
454,315 445,623
Analysis by fund
Unrestricted funds - general 336,230 413,813
Unrestricted funds - capital 118,085 31,810
454,315 445,623

Support costs
Support Governance 2021 Support Governance 2020
costs costs costs costs
6 E 6 5 5 E
Audit fees 2,352 2,352 2,285 2,285
Accountancy 16,836 16,836 14,604 14,604
Legal and professional 104,055 104,055 20,611 20,611
123,243 123,243 37,500 37,500
Analysed between
Charitable activities 123,243 123,243 37,500 37,500

2021f 2020
Grants to institutions:
Conservation/Environment 84,000
Medical 95,000 73,000
Arts 48,000 20,000
Education 10,000 20,000
Welfare 48,000 263,000
Other 8,000
293,000 376,000
2021 2020
Restless Leg Syndrome 3,000
Truseg Trust 30,000
National
Emergencies
Trust 200,000
Kings College Parkinsons Research 40,000
Gingerbread 20,000
Compliments
ofthe House
3,000 3,000
Age UK 10,000 30,000
Adelaide
House
3,000 5,000
Micah 5,000 5,000
Early Music As Education 10,000 20,000
Help Musicians
UK
10,000 20,000
RABI 5,000
Alzheimers
Research
UK 5,000
Diabetes UK 5,000
Soil Association 5,000
Clonter Opera 5,000
Handel
House Museum
5,000
National
Museum
Liverpool
5,000
Allergy
UK
5,000
Versus Arthritis 10,000
Children
with Cancer
UK 5,000
Epilepsy Research
UK
5,000
Royal Liverpool Philharmonic 5,000
Sutton Trust 5,000
SANE 5,000
Willowbrook
Hospice
5,000
Compassion
in World
Farming 5,000
BTO 5,000
Greenpeace 5,000
Marine Conservation Society 5,000
Marine Stewardship
Council
5,000
RSPB 5,000
Beating Bowel Cancer 5,000
Bowel Disease Research Foundation 5,000

9 Grants payable (Continued)
Core 5,000
Great Ormond Street Hospital 5,000
Macmillan
Cancer
Support 5,000
Art Against
Knives
5,000
Full Facts 5,000
Bam Owl Trust 3,000
BatConservation Trust 3,000
BBOyt5ldltfe Trust 3,000
Buglife 3,000
Bumblebee
Conservation
Trust 3,000
Children Adventure Farm Trust 2,000
Countryside
Learning
2,000
Dews Hall Trust 2,000
Future Trees Trust 3,000
Farming
and Wildlife
Advisory 3,000
In Kind Direct 3,000
Red Squirrel
Survival
Trust 3,000
WaterAid 3,000
Wildfowl &Wetlands Trust 3,000
Woodland
Heritage
2,000
Woodland
Trust
3,000
Child Austim
UK
3,000
Endometriosis
UK
3,000
Lady Garden Foundation 3,000
The Smile Train 3,000
The Migraine Trust 3,000
Halle Concert Society 5,000
Pegasus Theatre 3,000
Sunningwell
School
ofArt 2,000
Youth Music 3,000
Ben Kinsella Trust 3,000
Combat Stress 3,000
Freedom from Torture 3,000
Learning together 3,000
Blueprint for All 3,000
Anti - Slavery 5,000
My death
my decision
3,000
Missing people 3,000
Personal Support Unit 3,000
Star and Garter 3,000
Donkey Sanctuary 3,000
293,000 376,000

2021 2020
Financing costs 88
86 88
13 Net gains/(losses) on investments
2021 2020
Revaluation ofinvestments 2,804,248 997,203
Gain/(loss) on sale ofinvestments 162,884 (339,844)
2,967,132 657,359
14 Investment property
2021
8
Fair value
At 6October 2020 1,258,334
Revaluation on investment properies 276,666
At 5October 2021 1,535,000

Fixed asset investments
Listed
investmentsf
Cost or valuation
At 6October 2020 17,362,349
Additions 4,001,760
Valuation
changes
2,804,248
Profit 162,884
Disposals (2,076,791)
At 5October 2021 22,254,450
Carrying
amount
At 05October 2021 22,254,450
At 05October 2020 17,362,349
16 Debtors
2021 2020
Amounts
falling due
within one year: f.
Other debtors 1,392,341 3,839,019
17 Creditors: amounts falling due within one year
2021 2020
8 8
Unpresented Charitable Donations 8,000 23,000
Other creditors 9,064 8,972
Accruals and deferred income 29,117 24,953
46,181 56,925

18 Analysis ofnet assets Analysis ofnet assets between funds
Unrestricted Unresb icted Total Unrestricted Unrestricted Total
funds funds funds funds
revenue capital revenue capital
2021 2021 2020 2020 2020
f 5 5 E
Fund balances at 5
October 2021 are
represented by:
Investment properties 1,535,000 1,535,000 1,258,334 1,258,334
Investments 22,254,450 22,254,450 17,362,349 17,362,349
Current assets/
(liabilities) 953,136 2,325,532 3,278,668 868,999 4,458,127 5,327,126
953,136 26,114,982 27,068,118 868,999 23,078,810 23,947,809

Cash generated
from
operations operations 2021 2020
6 K
Surplus for the Year 2,843,643 456,373
Adjustments
for:
Investment
income recognised
in statement offinancial activities (420,429) (325,533)
(Gain)/loss
on disposal
ofinvestments (162,884) 339,844
Fair value gains and losses on investments (2,804,248) (997,203)
Movements
in working
capital:
Decrease in debtors 2,446,678 4,450,234
(Decrease)/increase
in
creditors (10,744) 32,853
Cash generated
from
operations 1,892,016 3,956,568