| Trustees | MrsPSBadowska |
|---|---|
| DrEPStride | |
| MrHRShankar | |
| MrLBShankar | |
| Charitynumber | 255274 |
| Registeredoffice | PortofLiverpoolBuilding |
| PierHead | |
| Liverpool | |
| L3INW | |
| Auditor | KPHAudit&AssuranceServicesLtd |
| 225PoultonRoad | |
| Wallasey | |
| Wirral | |
| CH444BT | |
| Solicitors | BrabnersLLP |
| HortonHouse | |
| ExchangeFlags | |
| Liverpool | |
| L23YL | |
| Investmentadvisors | EvelynPartnersLimited |
| RoyalLiverBuilding | |
| PierHead | |
| Liverpool | |
| Merseyside | |
| L31NW |
| Page | |
|---|---|
| Trustees'report | 1-4 |
| Statementoftrustees'responsibilities | 5 |
| Independentauditor'sreport | 6-8 |
| Statementoffinancialactivities | 9 |
| Balancesheet | 10 |
| Statementofcashflows | 13 |
| Notestothefinancialstatements | .11-19 |
| UnrestrictedUnrestricted | UnrestrictedUnrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Notes | £ |
£ | |
| Incomefrom: | |||
| Investments | 3 | 272,147 | 249,277 |
| Expenditureon: | |||
| Raisingfunds | 4 | 35,18.0 | 35,957 |
| Charitableactivities | 5 | 324,658 | 324,389 |
| Totalexpenditure | 359,838 | 360,346 | |
| Netgains/(losses)oninvestments | 9 | (1,215,841) | 1,416,391 |
| Netmovementinfunds | (1,303,532) | 1,305,322 | |
| Fundbalancesat1January2022 | 12,524,388 | 11,219,066 | |
| Fundbalancesat31December2022 | 11,220,856 | 12,524,388 |
2022 |
2021 |
||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixedassets | |||||
| Investments | 10 | 11, | 075,768 | 12,210,788 | |
| Currentassets | |||||
| Debtors | 11 | 1,799 | 4,463 | ||
| Cashatbankandinhand | 159,125 | ||||
| 160,924 | |||||
| Creditors:amountsfallingduewithin | |||||
| oneyear | 12 | (15,836) | (11,276) | ||
| Netcurrentassets | 145,088 | 313,600 | |||
| Totalassetslesscurrentliabilities | 11.220.856 | 12, | 524,388 | ||
| Incomefunds | |||||
| Unrestrictedfunds | 11,220,856 | 12,524,388 | |||
| 11,220,856 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Cashflowsfromoperatingactivities | |||||
| Cashabsorbedbyoperations | 16 | (352,614) | (357,544) | ||
| Investingactivities | |||||
| Purchaseofinvestments | (2,370,722) | (1,703,259) | |||
| Proceedsfromdisposalofinvestments. | 2,289,901 | 2,032,010 | |||
| Investmentincomereceived | 272,147 | 249,277 | |||
| Netcashgeneratedfrominvesting | |||||
| activities | 191,326 | 578,028 | |||
| Netcashusedinfinancingactivities | |||||
| Net(decrease)/increaseincashandcash | |||||
| equivalents | (161,288) | 220,484 | |||
| Cashandcashequivalentsatbeginningofyear | 320,413. | 99,929 | |||
| Cashandcashequivalentsatendofyear | 159,125 | 320,413 |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2022 | 2021 | |
| £ | £ | |
| Incomefrom,listedinvestments | 271,288 | 249,272 |
| Brokerinterest | 859 | 5 |
| 272,147 | 249,277 |
| Unrestricted | Total | |
|---|---|---|
| funds | ||
| 2022 | 2021 | |
| £ | £ | |
| Investmentmanagementfees | 35,180 | 35,957 |
| 35.180 | 35.957 | |
| Charitableactivities | ||
| 2022 | 2021 | |
| £ | £ | |
| Grantfundingofactivities(seenotel5) | 302,301 | 306,164 |
| Shareofsupportcosts(seenote6) | 3,600 | 3,600 |
| Shareofgovernancecosts(seenote6) | 18,757 | 14,625 |
| 324,658 | 324,389 |
| Supportcosts | |||||||
|---|---|---|---|---|---|---|---|
| Support | Governance | 2022 | SupportGovernance | 2021 | |||
| costs | . |
costs | costs. | costs | |||
| £ | £ | £ | £ | £ | £ | ||
| Staffcosts | 3,600 | - | 3,600 | 3,600 | - | 3,600 | |
| Websitehosting | - | 4,475 | 4,475 | - | 275 | 275 | |
| Accountancyfees | - | 12,000 | 12,000 | - | 11,640 | 11,640 | |
| Administrationexpenses | - | 72 | 72 | - | 72 | 72 | |
| Bankcharges | - | 224 | 224. | - | 238 | 238 | |
| Auditfees | - | 1,986 | 1,986 | -, | 1,920 | 1,920 | |
| Legalandprofessional | - | - | - | - | 480 | 480 | |
| 3,600 | 18,757 | 22,357 | 3,600 | 14,625 | 18,225. | ||
| Analysedbetween | |||||||
| Charitableactivities | 3,600 | 18,757 | 22,357 | 3,600 | 14,625 | 18,225 |
| . | 2022 | 2021 | |
|---|---|---|---|
| Number | Number | ||
| Administrator | 1 | 1 | |
| Employmentcosts | 2022 | 2021 | |
| £ | £ | ||
| Wagesandsalaries | 3,600 | 3,600 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| • | funds | funds | |
| 2022 | 2021 | ||
| £ | £ | ||
| Revaluationofinvestments | (965,805) | 1,388,277 |
|
| Gain/(loss)onsaleofinvestments | (250,036) | 28,114 |
|
| ,LIO,O'+I) | I'+IO,QiI |
| Listed | ||||
|---|---|---|---|---|
| investments | ||||
| Costorvaluation | ||||
| At1January2022 | 12,210,788 | |||
| Additions | 2,370,722 | |||
| Valuationchanges | (965,805) | |||
| Disposals | (2,539,937) | |||
| At31December2022 | 11,075,768 | |||
| 11 | Debtors | |||
| 2022 | 2021 | |||
| Amountsfallingduewithinoneyear: | • | £ | £ | |
| Otherdebtors | 1,799 | 4,463 | ||
| 12 | Creditors:amountsfallingduewithin | oneyear | ||
| 2022 | 2021 | |||
| £ | £ | |||
| Accrualsanddeferredincome | 15,836 | 11,276 |
| Donationsmadeduringtheyear | ||||
|---|---|---|---|---|
| 2022 | ||||
| terlyGrantsforInstitutions | ||||
| RoundOne-TheArtsEarlyCareerProjects | ||||
| BenedettiFoundation | 1,000 | |||
| BlackCountryTouring | 1,000 | |||
| BlueElephantTheatre | 1,000 | |||
| CoventGardenDragonHallTrust | 1,000 | |||
| DanceBaseLtd | 1,000 | |||
| DashArts | 1,000 | |||
| DrakeMusic | 3,000 | |||
| HalfMoonYoungPeople'sTheatre | 1,000 | |||
| InternationalGuitarFoundation | 1,000 | |||
| LiveMusicNow | 1,000 | |||
| NMCRecordings | 1,000 | |||
| OepheusSinfoniaFoundation | 1,000 | |||
| PapatangoTheatreCompany.Ltd | 1,000 | |||
| TaraTheatre | 1,000 | |||
| TateaTete | 1,000 | |||
| TheatreRoyalHaymarketMasterclassTrust | 1,000 | |||
| UKNewArtists | 1,000 | |||
| VoidArtCentre | 1,000 | |||
| WelshDanceTheatreTrustLtdT/ARubiconDance | 1,000 | |||
| FirstQuartertotalgrants | 21,000 | |||
| RoundTwo-TheArtsEarlyCareerProjects£5,000 | ||||
| ArtichokeTrust | 5,000 | |||
| BirminghamRoyalBallet | 5,000 | |||
| CityofBirminghamSymphonyOrchestra | 5,000 | |||
| DeafAction | - | 5,000 | ||
| DundeeRepandScottishDanceTheatreLtd | 5,000 | |||
| EastStreetArts S |
5,000 | |||
| GlasgowFilmTheatre | 5,000 | |||
| LondonSymphonyOrchestra | 5,000 | |||
| NationalTheatre | 5,000 | |||
| NationalYouthTheatreofGreatBritain | 5,000 | |||
| RoyalLiverpoolPhilharmonicSociety | 5,000 | |||
| RoyalShakespeareCompany | 5,000 | |||
| SageGateshead(NorthMusicTrust) | 5,000 | |||
| TheBarbicanCentreTrustLimited | 5,000 | |||
| TheOldVicTheatreTrust2000 | 5,000 | |||
| UlsterOrchestraSocietyLtd | 5,000 | |||
| YoungVic | 5,000 | |||
| SecondQuartertotalgrants | S | 85,000 |
| RoundThree-TheArts-BAMECommunities | ||
|---|---|---|
| AfricanHealthPolicyNetwork. | 1,000 | |
| AllChangeArtsLimited | 1,000 | |
| BalletBlack | 3,000 | |
| BirminghamOperaCompany | 1,000 | |
| CommonWealthTheatre | 1.,000 | |
| CubittArtists | 1,000 | |
| Fio | 1,000 | |
| FlatpackProjects | 1,000 | |
| FourCornersLimited | 1,000 | |
| GovanhillBathsCommunityTrust(GBCT) | 1,000 | |
| HearMeOut | 1,000 | |
| KidsinMuseums | 1,000 | |
| MagicLantern | 1,000 | |
| ManchesterLiteratureFestivalLtd | 1,000 | |
| OrchestrasforAll | 1,000 | |
| OrchestrasLive | 1,000 | |
| ScottishDocumentaryInstitute | 1,000 | |
| SpititOut | 1,000 | |
| SuddenProductions | 1,000 | |
| TheArtsEmergencyCompany | 1,000 | |
| TheBigHouseTheatreCompany | 1,000 | |
| TheMulti-StoryOrchestra | 3,000 | |
| TheNucleoProject | 1,000 | |
| ThePoetryTranslationCentre | 1,000 | |
| VamosTheatreCIO | 1,000 | |
| WorldHeartBeatMusicAcademyLtd | 1,000 | |
| YDance(ScottishYouthDance) | 1,000 | |
| TheGateTheatreCompanyLtd | 1,000 | |
| ThirdQuartertotalgrants | 32,000 | |
| RoundFour-TheArts-BAMECommunities | ||
| AlmeidaTheatre | 5,000 | |
| AttenboroughArtsCentre | 5,000 | |
| BalticFlourMillsVisualArtsTrust | 5,000 | |
| BarkingandDagenhamYouthZone | 5,000 | |
| BoltonLadsandGirlsClub | 5,000 | |
| CultureandSportGlasgow | 5,000 | |
| CustomsHouseTrustLtd | 5,000 | |
| DonmarWarehouseProjectsLtd | 5,000 | |
| EnglishNationalOpera | 5,000 | |
| HackneyEmpireLtd | 5,000 | |
| HorsecrossArtsltd | 5,000 | |
| LittleAngelTheatre | 5,000 | 60,000 |
| Broughtforward | 60,000 | |||
|---|---|---|---|---|
| Liverpool&MerseysideTheatresTrust | 5,000 | |||
| LiverpoolBiennialofContemporaryArt | 5,000 | |||
| MKGallery | 5,000 | |||
| MudiadMeithrin | 5,000 | |||
| NationalMaritimeMuseum | 5,000 | |||
| NorthernBalletLtd | 5,000 | |||
| OldhamColiseumTheatre | 5,000 | |||
| OperaNorthLtd | 5,000 | |||
| ParkTheatre | 5,000 | |||
| PleasanceTheatresTrust | 5,000 | |||
| SunderlandCultureLtd | 5,000 | |||
| TheYardTheatreLtd | 5,000 | |||
| UnicornTheatreLondonLtd | 5,000 | |||
| FourthQuartertotalgrants | 125,000 | |||
| MusicCommittments | ||||
| PurcellSchool | 34,301 | |||
| MiscellaneousGrants | ||||
| TheBritishRedCross-UkraineAppeal | 5,000 | |||
| Total | GrantsPaidinYear | 302,301 | ||
| 16 | Cashgeneratedfromoperations | 2022 | 2021 | |
| £ | £ | |||
| (Deficit)/surpusfor'theyear | (1,303,532) | 1,305,322 | ||
| Adjustmentsfor: | ||||
| Investmentincomerecognisedinstatementoffinancialactivities | ' | (272,147) | (249,277) | |
| Loss/(gain)ondisposalofinvestments | 250,036 | (28,114) | ||
| Fairvaluegainsandlossesoninvestments | 965,805 | (1,388,277) | ||
| Movementsinworkingcapital: | ||||
| Decreaseindebtors | 2,664 | 2,736 | ||
| Increaseincreditors | 4,560 | 66_ | ||
| Cashabsorbedbyoperations | (352,614) | (357,544) |
| BookValue | Additions | Disposals | Profit | BookValue | MarketValue | Unrealised | Gross | UK/Foreign | |
|---|---|---|---|---|---|---|---|---|---|
| 0110112022 | Cost | Proceeds | (Loss) | 3111212022 | 3111212022 | profit | Income | Tax | |
| £ | £ | £ | £ | £ | £ | £ | £ | £ | |
| SummaryofInvestments&Income | |||||||||
| UKGilts&LoanStocks | 228,375.00 | 0.00 | 0.00 | 0.00 | 228,375.00 | 255,395 | 27,020.00 | 369.77 | 0.00 |
| UKUnitTrusts-Interest | 491,656.00 | 0.00 | 0.00 | 0.00 | 491,656.00 | 519,126 | 27,470.00 | 864.58 | 0.00 |
| OverseasInterestBearingInvestments | 475,901.00 | 117,071.19 | 0.00 | 0.00 | 592,972.19 | 572,682 | (20,290.19) | 19,702.05 | 0.00 |
| UKEquities | 3,591,589.00 | 737,189.55 | 740,972.85 | (85,761.15) | 3,502,044.55 | 3,260,244 | (241,800.55) | 120,678.13 | 0.00 |
| UKUnitTrusts | 4,522,366.00 | 175,052.68 | 1,200,867.20 | (147,574.07) | 3,348,977.41 | 3,018,258 | (330,719.41) | 59,057.91 | 0.00 |
| InvestmentTrusts | 218,800.00 | 0.00 | 0.00 | 0.00 | 218,800.00 | 167,800 | (51,000.00) | 1,200.00 | 0.00 |
| RealEstateInvestmentTrusts | 457,180.00 | 0.00 | 0.00 | 0.00 | 457,180.00 | 343,820 | (113,360.00) | 24,285.00 | 1,798.50 |
| OverseasEquities | 672,815.00 | 436,278.38 | 58,760.71 | (13,863.29) | 1,036,469.38 | 949,478 | (86,991.38) | 32,479.27 | 0.00 |
| OverseasUnitTrusts | 1,551,386.00 | 905,130.61 | 289,300.04 | (2,837.78) | 2,164,378.79 | 1,986,825 | (177,553.79) | 12,650.74 | 0.00 |
| AlternativeInvestments | 720.00 | 0.00 | 0.00 | 0.00 | 720.00 | 2,140 | 1,420.00 | 0.00 | 0.00 |
| TOTAL: | 12,210,788.00 | 2,370,722.41 | 2,289,900.80 | (250,036.29) | 12,041,573.32 | 11,075,768 | (965,805.32) | 271,287.45 | 1,798.50 |