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|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|
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|||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|
##
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|||`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||||
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|||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|
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||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|
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|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|
##
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||.|2022|2021|
|---|---|---|---|
||Number||Number|
|Administrator||1|1|
|Employmentcosts||2022|2021|
|||£|£|
|Wagesandsalaries||3,600|3,600|
##
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##
|||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|
##
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|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|
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|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|
##
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||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|