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|||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<br>management||7,482|8,020|
|Independent<br>examination||250|360|
|||12,626|13,189|





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|REFERENCE|REFERENCE||AND ADMINISTRAVIE<br>DETAILS|AND ADMINISTRAVIE<br>DETAILS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Name||||Duncan<br>Norman<br>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<br>Charity and||Voluntary||Services (LCVS) at 151||||Dale||
|office||||Street, Liverpool,<br>L2|2AH||provides||administrative||and trust|||
|||||secretarial<br>services.|It|is|incorporated|||under the Companies|||Act|
|||||as a company<br>limited||by|guarantee||without share capital,|||||
|||||company<br>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<br>Investment||Management||||Limited||||
|||||Port of Liverpool<br>Building||||||||||
|||||Pier Head||||||||||
|||||Liverpool<br>L3 1NW||||||||||



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|||||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<br>on:|||||||
|Raising funds||||7,482|7,482|8,020|
|Charitable<br>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)<br>investment<br>assets|on|||10,519|10,519|(84,542)|
|Net movement<br>in|funds||(671)|3,037|2,366|(88,786)|
|Reconciliation<br>offunds:|||||||
|Total funds brought<br>forward|||18,717|1,002,081|1,020,798|1,109,584|
|Total funds carried<br>forward|||18,046|1,005,118|1,023,164|1,020,798|





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|ALANCE SH|EET AS AT3|0™<br>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<br>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|






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||2023|2022|
|---|---|---|
|Support & Governance<br>costs:<br>Statutory accounts<br>preparation|F<br>632|F<br>640|
|Administration|2,528|2,558|
|Trustees<br>meeting costs|505|240|
|Trustees' expenses|175|305|
|Independent<br>examination<br>fee|250|360|
||4,090|4,103|
|Total expenditure<br>on charitable<br>activities|34,194|27,129|



|No trustees|were remunerated<br>in the y|were remunerated<br>in the y|ear (2022|: none).|
|---|---|---|---|---|
|The following|grants were made during||the year:||
|Grants ofE1,000 and||over|||
|Liverpool<br>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|





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|ixed Asset Investments|||||
|---|---|---|---|---|
||||2023|2022|
|Quoted Investments:<br>Market value at 1"July 2022|||1,002,081|E<br>1,094,643|
|Acquisitions<br>at cost|||170,585|115,993|
|Disposal proceeds|||(147,691)|(130,072)|
|Movement<br>on cash balances|||(30,376)|6,059|
||||994,599|1,086,623|
|Net realised gains on investment||assets|7,226|9,929|
|Net unrealised<br>(losses)/gains<br>investment<br>assets|on||3,293|(94,471)|
|Net gains/(losses)<br>on investment<br>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|



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|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|



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