| 2023 | 2022 | ||
|---|---|---|---|
| E | F. | ||
| LCVS accountancy | 632 | 640 | |
| LCVS grant-making | process | 1,054 | 1,066 |
| LCVS administration | 2,528 | 2,558 | |
| Trustees meeting costs | 505 | 240 | |
| Trustees' expenses | 175 | 305 | |
| Investment management |
7,482 | 8,020 | |
| Independent examination |
250 | 360 | |
| 12,626 | 13,189 |
| REFERENCE | REFERENCE | AND ADMINISTRAVIE DETAILS |
AND ADMINISTRAVIE DETAILS |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | Duncan Norman Trust |
Fund | |||||||||||
| Charity | number | 250434 | |||||||||||
| Principal | Office | LCVS | |||||||||||
| 151 Dale Street | |||||||||||||
| Liverpool | |||||||||||||
| L2 2AH | |||||||||||||
| Trustees | J H J Ford (Formally | Lazar) | |||||||||||
| VS Hilton | |||||||||||||
| C E Lazar (Chair) | |||||||||||||
| D C Miller | |||||||||||||
| Richard J Venner | |||||||||||||
| Administrator | & principal | Liverpool Charity and |
Voluntary | Services (LCVS) at 151 | Dale | ||||||||
| office | Street, Liverpool, L2 |
2AH | provides | administrative | and trust | ||||||||
| secretarial services. |
It | is | incorporated | under the Companies | Act | ||||||||
| as a company limited |
by | guarantee | without share capital, | ||||||||||
| company number 181759.It is |
also | a registered | charity, | number | |||||||||
| 223485, and a charitable | Trust | Corporation. | |||||||||||
| Independent | Examiner | Paula Sanchez ACCA | |||||||||||
| Score Lane | |||||||||||||
| Liverpool L165EF | |||||||||||||
| Investment | Manager | Rathbone Investment |
Management | Limited | |||||||||
| Port of Liverpool Building |
|||||||||||||
| Pier Head | |||||||||||||
| Liverpool L3 1NW |
| Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| Income | Capital | |||||
| Funds | Funds | Total | Total | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Income from: | Notes | E | E | E | E | |
| Investments | 2 | 33,523 | 33,523 | 30,905 | ||
| Total income | 33,523 | 33,523 | 30,905 | |||
| Expenditure on: |
||||||
| Raising funds | 7,482 | 7,482 | 8,020 | |||
| Charitable activities |
3 | 34,194 | 34,194 | 27,129 | ||
| Total expenditure | 34,194 | 7,482 | 41,676 | 35,149 | ||
| Net expenditure | (671) | (7,482) | (8,153) | (4,244) | ||
| Net gains/(losses) investment assets |
on | 10,519 | 10,519 | (84,542) | ||
| Net movement in |
funds | (671) | 3,037 | 2,366 | (88,786) | |
| Reconciliation offunds: |
||||||
| Total funds brought forward |
18,717 | 1,002,081 | 1,020,798 | 1,109,584 | ||
| Total funds carried forward |
18,046 | 1,005,118 | 1,023,164 | 1,020,798 |
| ALANCE SH | EET AS AT3 | 0™ JUNE 20 |
23 | |||
|---|---|---|---|---|---|---|
| 30~v JUNE | 2023 | 30'"JUNE 2022 | ||||
| Fixed assets | Notes | 6 | f | E | E | |
| Investments | 4 | 1,005,118 | 1,002,081 | |||
| Current assets | ||||||
| Debtors | 3,159 | 2,071 | ||||
| Cash balances | 21,104 | 21,258 | ||||
| 24,263 | 23,329 | |||||
| Current liabilities |
||||||
| Creditors | 6 | (6,217) | (4,612) | |||
| Net current assets | 18,046 | 18,717 | ||||
| Net assets | 1,023,164 | 1,020,798 | ||||
| The funds of | the charity: | |||||
| Unrestricted | funds | E | ||||
| Capital funds | 7 | 1,005,118 | 1,002,081 | |||
| Income funds | 7 | 18,046 | 18,717 | |||
| 1,023,164 | 1,020,798 |
| 2023 | 2022 | |
|---|---|---|
| Support & Governance costs: Statutory accounts preparation |
F 632 |
F 640 |
| Administration | 2,528 | 2,558 |
| Trustees meeting costs |
505 | 240 |
| Trustees' expenses | 175 | 305 |
| Independent examination fee |
250 | 360 |
| 4,090 | 4,103 | |
| Total expenditure on charitable activities |
34,194 | 27,129 |
| No trustees | were remunerated in the y |
were remunerated in the y |
ear (2022 | : none). |
|---|---|---|---|---|
| The following | grants were made during | the year: | ||
| Grants ofE1,000 and | over | |||
| Liverpool In |
Arms | 2,000 | ||
| Merseyside | Adventure | Sailing | 1,000 | |
| Priority Youth Project | 1,000 | |||
| The Florence Institute | 1,000 | |||
| 5,000 | ||||
| Other grants | 24,050 | |||
| 29,050 |
| ixed Asset Investments | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Quoted Investments: Market value at 1"July 2022 |
1,002,081 | E 1,094,643 |
||
| Acquisitions at cost |
170,585 | 115,993 | ||
| Disposal proceeds | (147,691) | (130,072) | ||
| Movement on cash balances |
(30,376) | 6,059 | ||
| 994,599 | 1,086,623 | |||
| Net realised gains on investment | assets | 7,226 | 9,929 | |
| Net unrealised (losses)/gains investment assets |
on | 3,293 | (94,471) | |
| Net gains/(losses) on investment assets |
10,519 | (84,542) | ||
| Market value at 30'" June 2023 | 1,005,118 | 1,002,081 | ||
| Book cost at 30'" June 2023 | 797,343 | 797,599 |
| Creditors | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| f | ||||
| Administration | and support | 4,214 | 4,264 | |
| Independent | examination | fee | 500 | 348 |
| Trustee meeting expenses | 503 | |||
| Grants due | 1,000 | |||
| 6,217 | 4,612 |