DocJj￿gn Enveknpe ID.. 9cc2E28￿18AC4562-ACsE-10I9Agg677FE Charity T&9￿traI￿on number 255274 IEngl•nd and 14Valosl AUSTIN & HOPE PILKINGTON TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 t)ouJ¥ign Envelope10." 9CC2E2B9-1BAC4562AC5É-1019Ag967YFE AUSTIN & HOPE PILKINGTON TRUST LEGALAND ADMINISTRATIVE INFORMATION Trustses Mts P S 84dowska Dr E P Slrrde Mr H R Shankar Mr L B Sbankar Charity number 255274 Règlstered offleè Portof Liverpo￿ 8vilding P￿r Head Liverpcol L31NW Audittsr 8ines Watts Pacrfic Chambe 11.13 Vi¢tori2 Sireet Livetpool L2 5QQ Solicitors Biabneis LLP Horton Hous8 Exchange Flags Live￿001 L2 3YL Inveslment advisors Evelyn Partn¢rs Limrted Roya! Liver Building Pier Head Liverpool ler5eyside L31NW Docu&¥an EnY8lope ID.. 9CC2E2B￿IBAC4S62-ACSE-10l9A995YyFE AUSTIN & HOPE PILKINGTON TRUST CONTENTS Pago Tnistees. ￿pOrt siaiemÈnt of InJstees' iosponsibililies InQepeTrdenl aL￿￿O¢S repert Slai8menl of finanrial athwtie8 Balance $neei io Sts￿Ment ofcash flow5 NDle5 Its the financial 51alemen15 12-21 DovJsign EFNefope ID.. 9CC2E28¥1BAC4562AC5E-1019A99677FE AUSTIN & HOPE PILKINGTON TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trusiees pre$ent their annval repDrt and finanrAal sla￿Me￿I5 for the year ended 310ecember 2024 The hn4ncial 51aietnenis have been prepared in ac¢ordance %vith the accounting pclicies Sei out in note i to Ihe rinan¢ial statements and cornply wlh the Charities Act 2011 and 'Accounttng and Reporting by Cbarib-e$-. siaiemenl of Recommended Praclice aFplicable to ch3rit1&5 prepariny Ihoir accounts in accordance wilh Ihe Financial Repottsng standard applit2bltr In the UK and Republic of Ifeland IFRS 1021. (as amended for accounting periods commencing from 1 Janu2ry 20161 Oblect6ves artd activitlES The Trust svas treated by a Deed of Settlement dated 14 November 7967. Under the ierms of lh& Trust Oeed the TNstees are ernpowered to pay or apply the Income for such tharilable inslilulion5 or chariiable purpose5 a5 they in their absolute disuelion think fit trustees also have powerto advance ¢aylal Publlc Benefit Ststement The trustees have paid due regard to guidanca issued by the Charily Commisslon in dÈriding what aaivII,'es the harity should ur.dertake. The Charitie5 Act 2011 highligh15 the requiiement lor all chaniias to have charitable purpose5 Qr a1rn5 Ihat are for me public benefit Given the rang? ènd nalure of the donations. Ihe Trustee$ onsider that Ihey arÈ able 10 show thereby that nol only are their purposes and aim5 for public benefit bvl also the execution cf those airn$ meet Ihe crileria sel by the ClariliesAcl 2011 Dlverslty Statement As a charitable trust, we acknowledge lrte iole 8nd the ptslenlial influence we have i*ilhin the 5edJJr We endeavour lo support a diverse range of ¢h3ritres th31 Is. charilies who work diverse sectois of the population, as viell as those run by di'ierse communities. Vve aim to consider In¢ ¢iv¢rsity of the ¢h3ritre5 that ¥ve 5UPPQrt - although Yie acknowledge Ihat 5rnaller charilies, Of those with Specif￿ aim$. might slmggle its bp proportionately representstsvÉ. Wè ¢¢thlinue to ask howtharil'.e5 are tsking acccunt ol specific elhntc minonty needs lor Iheir projects Gofienl Grants- Online Applicition¥ All appliGabens a￿ now made online via ourw8bsbte. The number ol ineligible applications we receive has gone down significanlty Since our priorities have bec¢me rnore fotuseJ Thi$ helps 10 disinbule our grant5 mole effeclively We received an above average number Of applicaljons for all four rounds. including a r￿Or# number of application$ in round 3. Oowwgn Envdope ID.. gCC2E289-18AC4562AC5E-1019A99677FE AUSTIN & HOPE PILKINGTON TRUST TRUSTEES. REPORT (CONTINUEDI FOR THE YEAR ENDED 310ECEMBER 2024 Proje¥t¥ involving ernployment and tiaSnlng tor disablid peoplè The first grant rounds prtoritssed proieGts $UPPtsrting the employment and training fordIs3bled peO￿e Gtant Round 1-£1.000 To be eligible for th￿ grant the ¢harity'$ Income musl be 3 minimum ol £100,000 and o maximum ol t1.000,LMJO. Eligible application5 received 52 Grants awarded 29 Chari15e5 inviled lo reapply in 2025'.2 Grant Round 2- £5,OOD To be eligible for Ihis grant. the chanty's income must be 8 minimum Df El.000.QQO. wilh rto ma*imum Eligible application5 received 89 Gran15 awarded 17 Food Poverty Grani rounds 3 and 4 pr4an1152d project5 that enabled resi1￿nCe and lndepenrten￿ for IhD5e experiejcing tsr al risk DI food poverty 11 IYa5 ¢e¢ided not ID aY13rd grants lo food bary￿5 Ihat ¥You!d simply go Ioivards Ihe.'r running costs or lo cower the r0510', buy5ng food. Grant Round 3.. £1,000 To be eli9ible fcr this orant. the ¢h2rityS Intome mu51 be a minimurn Df £ioo.aoo and a maximum ol£l.OOD.000. Gran15 of £1.OOD were awarfed. vAth Ihe exception oftrreE ch3ntse5 whu were awarded a grant of£500 Eligible èapplications lecep￿1 189 Gran15 awarded 55 Grant Rour5d 4= £5,000 To be eligible for this grani. the ¢nanty $ income must be a minimum of E1.OOD.or)D. Eligible applications received 130 GranLs awarded. 211 l Grant retUr￿d by Charity) Exceptional Gfants We awarde¢t an excapiion81 grants lo English National Opwa 05 P8rt ol our makpA DifferenEe Scherne, rovenng tho costs of hlring someone from an underrepreseniÈd backgiound lowork in a full-lirne adrnini51ratsve r¢le Due to the volume ol &pplicaliDll5 reEeived and grants asyarded for food poverty raunds, will not be awarding 'fvlake A Oitference Grant" in 2025 Ex￿pIlOn8I grants of £S.000 were awafded ia UNICEF'S Children in Gaza ¢rl$is appeal and The Pnson Adw and Care Trust. The Purctll School We ¢¢niinue 10 award a stholarship for on8 pupil at Ihe PutEEII S¢hool DorAJ51gn En¥ekJpe ID.. ￿c2E2Bg-1BAc45S2-ACsE-lO1gA9g677FE AUSTIN & HOPE PILKINGTON TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Flnattclal rèvlew The Financial Statemenls, in respect of th? year ended 31 December 2024 nel eut90ings of £144 248 bÈlDre aiy gains or losses due lo investment disp05al5 or re¥31u8tlOll5 This reflocts the Trusie05' deusion to rnainiain the disln0ul￿n level u%ng capital if r8quired. ReserYe# Policy 51 is aCkn￿lledged by the Trustees Ihal the Trust Oeed all￿¥5 the expenditure ol Capital and Income lo Meet its chariioble abieclpies. The Tru5tee5 roft>id¢r It Important Ihal tho capktal value ol the Trusfs 895ets 15 m81ntained (in real termsl to generBle wnlinuiw revenues that viill largely fund the Chanly's lulure objecli¥25 C3pital can abo be used to 5upplemÈnl any shortfall In revenue. if the shortfall Is considered lo be lernporary In nature and Ihe real value ol th2 capi131 can b8 maintained or recovered. Funding The engoing cost of livin9 crisis has put immense strain on many charities. especially IhasÈ relabng lo food Poverty We Iherelore continue our comrnitsnenl to aiY)fding 9ranis beyond our inwie level wpiere necessary by disiribuling capital lo make up for any 5hortlal1 in incorne. relainity 8 rtserve policy of £11 mill￿n A full reweiv of our resèrve policy will be undertaken ag3in in 2025 The Trustees hav? agreed to respond to award eKceplional urants to charitie5. either frtyrn nofflinaLions mède by In¢i¥idual trustees or as part ¢f the current roun05 of grant application5 which a￿ rereived Taxatlon status The Tru51 is a re9151e￿￿ chanty is nut lo ¢orporabon Tax, Income Tax or Capital Gair6 Tax on 1ncom? and gain$ generated in the year. Irrecoverable VAT 15 included in Ihe a55el cosl Dr the expense lo which il Risk Managemont The Irusiees have a55essed Ihe major rLsks lo which the charity Is Èxposed, and are satisfied thai systems are In place lo fflitlgale expo5Lire lo the major risks These systems and procedures are monilored on a regular basis by the Tru51ees Future Prlorities In 2025 *e wiill focus on irnproviig access10 I￿.eArts In Rounds 1 and 2 The focus ￿11 be on perforning arts prosecls Ih31 improve 3ud..ence acTrs5 participation Applic81ions Iiom non-perfomiing arts prqects. er projec15 focusing on PErt¢nners svIII not be ¢onsidered. In RounLls 3 and 4. we will foGus M refugee$ and asylum seekers. wilh an emphasis on charities de8ling 5petyfically with asylum seekers. In 2036. we viill IouJ5 on Feople experienong oral risk ol hDmelessnèss, with an Èmphasis on projects that prowde pracl'.cal lile skills Including food edu¢3iion and heallhy living.. and on unpaid c8rers. speafically proiecl$ Ihal provKle Iherapeulicsupport in¢luiJing hÈaihy ealing and Ouldoor actiwivés The draft prionb'e5 for2027 are adults Ynth d15abililies and childfen ￿th ctsnplex needs. The application 5trutlur¢ will ￿m01n the samo DOu￿ign Envebpe ID.. 9cc2E28￿1BAC4582-AcSE-1O19A￿77FÉ AUSTIN & HOPE PILKINGTON TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Stiuctur8, govemanco and maThayement The Injsiees who served dunng the yearand up to the dale of synature otthe financial slalementswere. Mis P S Badow5ka Dr E P Stride Mf H R Shankar Mr L B Shankaf The current TrusieÉs would appoint new TtU5tee5 frotn wilhin the wider Pilking￿n family concentrating on 13mily members Y4ho have expefi&nce In the chanly sector or who have other relevant skill sets. New Trustees are e￿cted by 8 m8iorily ol ex151iny Twslees The Iraining necessary Is provided by 5eniDr fam11y memtefs who have been involved i'iilh the chaFIty for many years. Administration Our website- i'p.'.I" n-I,JoèiL.on or Lik- continue5 to bo the main rÈsource for Information for charities to find out aboyl our priop.Iie5 Online applications are made through the viebsile. D31abase SUPPDrt for online applicabon5 Is pravided by Fred Badowski The website 15 Mosteo by G￿ell Ginger Design Ltd. The Trust adminislralor. Karen frank, foGu5es on replying lo ern3M queries, Ghecking 311 details ol grant rÈClp*￿ts on Ihe Chanty Commis510n1grequi¥alenii Y￿bsIte, 2nd coordinaiin9 oceipts for gran;5 We have addecl rews8d Te￿$ and Condibon$ to the website lor charities accepting grani$ Banklng All granls a￿ nDW rnade by bank transfer. wilh approval from Iwo IrusiÈes TnJstee5' Complaints Policy I complaints arÈ tonsidÈred by the Trusiees olthe Charrty atwj responded to wilhin three weeks, The trustees. reportwas apprllved by the Board ofTruslees. ginlL Trustee Dated. 18 July 2025 Trustee Daied 16 July 2025 Tru5teÈ Date¢J.16 July 2025 DalÈd 16 July 2Q25 Envdope ID.. 9CC2E2B&1BAC4562-AcSE-1019A￿77FE AUSTIN & HOPE PILKINGTON TRUST STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are re5P0fi5ible for prepanng the Trustees. Report and financial slalemen15 in 8ccord8ncÈ ￿th applicable law and Uniled Kingdtsm Accounting Standard5 (United Kingdom Genetally Accepi8d Accounting Practic81 The law applicable lo charitie5 in Erylond and Wales requir8s the Iru51ee5 to piepare finantyal stsiements for each financiBI year which give a true and lair view of the Slate of 8ffairs ol the charity and Df the Incoming reseurces and application of re50urce5 of the charity for that year. In prepanng these financlai statements. the trustses are required lo". select 5Jilable 3CCDunling paliuÈs and Ihen apply Ilem con5iStenJy', - ob$erve the methods and principles In the charities SORP. fflakejudgemenls and 8siirnale5 that are reasonable and prudent., slate whether zpplicable accounting 5tsndarJ$ have been followed, 5ubjecl lo any rDaierial departures disd95ed and explained in the finanual slalemen15, and prepare the fin3n¢ial stalementr£ on the going conttrn ba51$ unless it Is inaFpropnale to presume that Ihe chaoty wi11 eontinue in opeots"on. The IiuslEes are responsible lor keptkng sufficient accounting recoryls Ihatdi$¢i¢se WI￿ r&2$0nable accuracy ai any time th& financial p05itton of Ihe chanty and enab￿ Ihem to ensure that the financial slaiemenls ujmply with the Charities Act 2011, the Charity IAccDunls Hnd RtFOrtsl Regulation5 2008 and IhE provisions of the Irusi deed They are also responsible for safeguarding the ass4is ol the chafrty aod hence far taking rÈÈsDnable steps Iof Ihe prevention and detection of Iraud and other irregularities Do¢wslgn Envelope ID.. 9CC2E2B&1￿4S62.ACsE.lOl9AgTr677FE AUSTIN & HOPE PILKINGTON TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF AUSTIN & HOPE PILKINGTON TRUST Opinion We havè audited the financial slalernents of Austin & Flope Pi￿1n9t9n Trust Ilhe 'chanty'l for Ih? ypar ended 31 December 2024 which compr15e Ihe 51aiemeni ol financial 3ctl¥ilie5. Ihe balance sheet. the 51alempnl of c35h flow5 and notes to the finan-5ai sialemenis. Including significant at¢ouniing po1iae5 Th8 financijl repDfling framewDrk thai has been applied ill their p￿para¥PUn Is appliGJble law antl United ￿ngdorn Accounting S13ndards. Including Fin2ncial Reporting S13nd3rd 102 Financial Reporting Standard applicablo in the UK and Republic of loland (Unit£d Kingdotn Generally AccepledAccounlillg Practice). In our opinion. th8 financial slalemEnl5' give a true and lair wew of Ihe slate of the chantys 8ffairs 85 81 31 December 2034 and ol its incoming rÈ50urces antl applicalion of fesour¢e5. For the year Ihen ended., ha¥È been properfy prEpa￿d In accof¢anrR with United Kingdom Generally Accepted Accounting PracTr￿., and have bÈen prepared In ac¢ordancÈ with Ihe chanti￿ Act 2CI11 Basls for opinion Vve conducted our Hudil in actordance i'iill lfitern?lionttl Standards on Auditin9 IUKI IISAS IUKII and applicable lav4. Our re5pon5ibililies under Ih05e $130dards are turther descTrbod in Ihe Auéilo*s responsibililies for Ihe audil ol lfie finartcial $131ernentS 5eciicr of our report We are indeFendenl of the charity in accordan¢e Yiilh the ethical re¢uirefflenis that are re'.ev3nl 1¢ our audit ol the Iin3ncial slalemenls in the UK. includiD.g Ihe FRC'S Elnic31 Standard. and we have lullilled our other ethical responsibilities In accordance Wllh these requiremenls We believe that the audit evicfence vle nave obtainecl 15 Sutficienl and Hpprcpnaie to provide a iTrasi5 fDr ouropinion ConclLt8ions relating to going concem In auditing the financial statements. we have concluded that the trustees. use of the goiDy ¢Dncem basis ul acmunling in the prepaiatyoD Df ltte financial 5talernents is appropnate Based on the wort we ha%E perforrned, we have not Identified any material ￿n￿rtaInbe5 re13bng lo gvenls or ¢ondilions that. indi¥idually ar col.'edively, m3y casl signifiranl doubl on the charity'5 8bility 10 contsnue as a going concern lor a period ofai le2St ivielve monltts frorn when the financial statements are authorised for issue. Our responsibilities and Ihe fesponsibililie5 of IhÈ ¢rUs￿eS wilh respect to going ctsncein are fjescribed in the relevant seciiofjs ol this report Other information The Qlher inlotmalion comprises the information in¢luEled In the snnu81 report other than the fina￿la1 51alements and our a dilor's repori Ihereon The Iwslees are resportsible lor the other Informaliun conlained i'i.':hin the annual report Our opinion on the financial state￿entS does not cover the Oiher Infomi8tiDn ard we do not expo5s any foft of assurance conclusion Ihefeon Our rpspon51b111ty 5S to read the other Information and. In doing 50. corsider whether the othÈr Informatson Is materially incons5Stenl wilh the financial siaiemonis or our knmledge oblaineLI in the course of IhÈ audit. or o:herwise appeèr5 10 be materially Tr.i551aled 11 we ideftlify such maleria.. incon515.tncies or 2pparenl material misstalemen15, we are required lo deiermine whether th15 give5 nse lo a m8lerAI misslatemenl In the financial statements IhEmselvÈs. 11. tya5ed on the work y￿ have pertormed. we conclude that ￿ere 1$ a material mis5t31ement ol Ihis Other inlormalion. we ale required lo report thai lacl We have nothing to report In this regard Mit¢er5 on whlch we Jre r¢quirpd to report by excepbon We have noihLn9 to repor In respect tsf the follo¥ving matter5 in rdaiion ￿ which the Charthes (Arounts and RepDrt51 Regulation5 2008 ￿quI￿$ us 10 report lo you Il, In ouropiftion.. Ihe Information given in the finantial statements 55 inconsislenl in any maierial ie5pecl with the tru51ee5' report, or 5ufficioni zccounung record5 havE not been kept. or tbe financi31 slalements are not in ag￿er￿ent with the accounting records". or we have aot ieceivpd all the infomalion and explanat￿nS we require for our audit Dorjjsiun En¥ebpe ID.. 9¢r2E2B￿18Ac4s62-AC5E-1019A99STrFE AUSTIN & HOPE PILKINGTON TRUST INDEPENDENT AUDITOR'S REPORT {CONTINUEDI TO THE TRUSTEES OFAUSTIN & HOPE PILKINGTON TRUST Rèsponsibilities of truste&s A5 explained morp fully in Ihe slatemanl af IriJ5tees' reswn5ib1l￿es. the Iwslees 3fe res0onsib￿ lor the p￿p￿rat￿n of the financlal siatsments and for being $aiisfied Ihai Ihey give a true and fair View. lor suctt Internal conir¢l a$ trustees determine 15 necessary lo enab￿ the preparBlion of finartcial $18letnenis thai are free from rnaterial missiatemenl, whether due lo fraud or erior. In prepanng the finanrJal $121emÈni$. Ihe trustees zre re5pon51ble for assessing the charity's abilrty lo tonlinue 85 2 going ¢ontern. disdJsing, as applicable. matters relaied 10 goitYJ concern and using Ihe yoing COn￿r￿ basis of accounting unl?55 the Iruslees either Intend tp rease rperalion5. or have no rea1151ic 3lleinatsbe bul lo do s?. Audltor's responsibiltti88 lorth8 audlt of tho financl81 statements We have been appointed as auditor under section 144 01 the Ch8ritse$ AEt 2011 and report In arcordonce with the Act and TrlBvant regvlalion5 made or havin9 etfecl thernunder. Our 014È¢tivès arp to obi#in w)50nable assvrante about whether the f5naocial slaternenls as a Who￿ are free from m31erial missialemenl. whether duE lo fraud Of errer. and to issue an auditor's report That In￿￿e$ aur opinion. Reasonable assurallce 1$ a high level of assurance bul is not a guarantee that an audit eonducted In accordance Ivith ISAS IUKI will alivays detect a material mi55lalernenl Vdhen Il exists Mi551aiernenls can arise from fraud or error and are considered m31erial if. individually or In the aggregate. they c¢uld reasonably be eypecled lo infftuence the economic clecisions ofusers taken on Ihe ba515 0fthÈsè fiftantyal $131ements The exienl lo which our proe*dures are capable of detecting irregulanlies. Induding fraud. 15 detailed below. A further descr.'ptson of our responsibiliiE5 for the avdil ol the financial slalemenls Is locaied on the Financial Reporting Council's website ai. ht*-.Ilvhsw.IrE.org uklauditor5re5ponsibililie3 This description lorrns part ol au(JiloV5 repDrt Use of our roport Th.$ report is made 501ely to the Charty's twslees. 85 a body. in accordance with section 144. of the Charitse5 Act 2011 and Ihe regulaJDns ￿lade ￿￿er section 154 01 Ihal Acl Our audit viork ha5 been undertaken so thai we m19hl stale lo the Charity's Irusiee5 those rnatters we are required ID sts12 to them In an audilols repor and for no Olher putP05e Tc the fullest extent permitted by IHW, we do not accept or assume re5Pgn5ibiLily lo anyone other than the Chanty's trustees as a bcdy. fDreur oudil vffjrk, for Ihis rppoTL or for Ihe opinions we have foiffled. Other maiters Your attentsoi Is drawn lo the f2¢1 thai the Charity ha$ prepared Finartoal stalefflents In arcordance wilh'AccounUn and Repoqjng by Charities sialernent of ReconrneThded PractiTr applir3ble lo chanlies preparing their account$ in accordance w.'Ih the Financial Reporting siandard app11¢8ble In UK 2nd Republic ol Ireland IFRS 1021" las 8mep.dedl in pre.eren￿ lo the Accounting and Reporting by Chaiilies. sialement cf Recommended Pr3ctice issued on 1 April 2005 which 15 reEerrea to in the exlanl regul8lions but h25 now been wilhdrawn This ha5 been dorte IN order for the financial statements to provide a true and fair wew In 8ccordallff lyilh Gurrenl Generally AcceptedAccouniing Pfathce. t>>)*&*n ErL¥Olopo10.' g¢C2E28￿lBA￿45B2-Ac5E_1O1¥As9tslIFE AUSTIN & HOPE PILKINGTON TRUST INDEPENDENT AUDrroR'S REPORT ICONTINUEDI TO THE TRUSTEES OF AUSTiN & HOPE PILKINGTON TRUST Thr6 rEPQrt l¥ made s(lety lo the ch8rty'$ 1ru51e85, os a body. h 8Lwdanco VAlh Port 4 of Chorlrs (Actwnts and Reportsl Regulations 2(Th. Our audit work has been undertaken 50 thalwe mgm staf? lo tharity* Iw5tees those matlets we are requwEd 10 State la Iheffl in 8n auditor's report and for No other Pufpose. To thè fvlbi extent pennitted by law. we do not 3cxepl or as5vrne rE5POTrSibil¢y to anyone Olher than the charity tre ¢h2rf¥s trustees as a bc*Yy. lorwrathiiwoth, lor Ihis report or for the opin￿ll5 we havÈ f¢mied. 16 July 2025 aln•g ¥V3tt Mkh4¢1 Fofshaw Senlot Statsjlory Audltor Halnes Ylatts Uverpool Pacillc Chambers 11.lJ Vlctorla Slreet verpool L2 5a0 Haines W3tt5 Is e1￿lb1È for appoiniment as auditor of Ihe ehanty by virbts of its d￿ltsI￿ty fty3PF¢intrnenl a9 •udilW ora compÈny unwska Tru5toe Dr E P Stride Trustec Mr H R Shankar Trustee Mr L B Shankar Tru$tee by. 10- DocJJ5ign Envdope ID.. 9CC2E2B>18AC4582-ACSE.1019A9WIFE AUSTIN & HOPE PILKINGTON TRUST STATEMENT OF CASH FLOWS FOR THE YEAR EAIDED 31 DECEMBER 2024 2024 2023 Notos Cash flows from operaiing a¢￿VItI03 Cash absorbed by oper31ions 1417.4591 1333.6921 Purchase of invesimenls Proceeds from d16posal of inve51ments Investment Income received 11,837,15BI 1.999.638 266.951 12,859.8631 2.822,755 278,752 Net cash gentratod Irom Inve5tlng acllvlUo8 429,431 241.644 Nèt cash genorated frorn linanclng actlvities Net ir¥cTeasclldecreasèl In cash and cash equiyalents 11.072 192.1)481 Cash and cash oquivalenis ai boginnin9 cf y8ar 67.077 159.125 Cash and ¢a$h equlvalents at end of year 79,049 67,Q77 Do>Jsign Envdope ID.. KCZE28￿1BAC4s62thCSE.lOlgA99S77FE AUSTIN & HOPE PILKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlftg poli¢i¢s Charity inforrnatlon Austin & Hope Pilkington Tru8118 a regi51e￿ chanty regisiered with T￿e Chanty Ccmrnissi¢n in England and Wale5 1.1 Aecounting ¢ortver*tlon The figancial sialemep,Is have been prepared in accordance vlilh the Chanues Act 2011 3nd"Accounling and Repottsng by Charibes siakmenl of Retommendeu Prattice appl.'cable lo cmarilips prÈpar5ng their accounts In a"cordance with Ihe Financi31 Reportjng Standard appIl￿ble In Ihe UK 3nd Republic of IielJnd IFRS 1021. 185 2mendÈd for accountsn9 periods tommenung from l January 20161. The chanly Is a Public BeneTIt Enlily as defined by FRS 102. The finanoal statements have departed from the Cbarilie5 IAccouni5 and Reports) Regulalians 2008 only lo the extent rÈguiied lo provide a true fair view Th15 departu￿ has involved following the Slalemenl cl Recomrnended Practice for tharilios applying FRS 102 ralher Ihan the version ol the siaièmenl of Recommended Pr8Cltcg which Is referred lo In Ihe Regulalion5 bul which ha5 since been withdrawn The financial slalemBnb are prepared in sierlin9. whi¢h Is the lunctsonal currenBy ol IhÈ charity. Mvneiary amounts in these financial siatemen15 are rounded 10 Ihe nearesi E 1.2 Géing concern At Ihts i..me of 8pprovinu Ihe fin3noal slalements, the Iruslee5 have a reasonable expeciabon Ihal the charity has adequate resour¢es to conbnuè In operational éxisionce lor foresepablp future. Thus the IrLslees conlinuÈ 10 8dopl the going concem basi5 of accounting irt preparing the Inancial stolemÈnis 1.3 Charftsble funds Unre51nsted funds are avaikble for use at the discretson of ihe Iru51ees in furtherancE ol their charita￿e obieclives. 1.4 Income Income 1$ recogn15ed %'ihÈn the ch3firy Is legally enlilled Its rt 8rter any performaTh￿ tottdilions Ma'￿ been fflBI Ihe amounts Can be rnea5ufEd relia>ly. and it Is probable iial Income Yiill be received Invesimenl Incorne is accounied fur on 89 accruals basis in the period 10 vihich It relates C35h donation5 are rÈcognised on reteipi Olner donaiion5 art ￿cOgnIsed once the charity ha5 been nol..fied of the dona140n. unle$5 performance conditions require deferral of 2mounl Income tax recoverable in relation 1¢ doftalions received under GihAid or deeds of cD¥enant is iewnised al the time af the donation 1.5 Expenditu M¥nagemenl and adminisiralion costs compfise those £0915 Incurred in rtsnning the charity Thèy ha* been pport oned on the basis of Iirne 5ppnl be￿een chariiable aclivilie5 cost ol raising funds and 9overnan eosls Grbnls are included In Ihe financi31 stsiÈm8nts when approved by the Trustaes. Governan￿ CDsls consist of IADse costs aSSOCl8ted wrylh the overall tynn5ng ol thB charity and meeurrfJ slalulory and regulalory requirements. 1.6 Flxod asset Investm*nt5 Fixed a55eis investments represenl lisled investments whith ale Stated al market valuèiion. where market value rep￿sentS the mid Mark￿ value on the lasl trading day befoo the year end Any unrealised or realised gains 311sing from invEsltnenls are 8ccounied For in the sièiernenl Df Financial Activities 12 Docu*gn Envdope ID.. 8cc2E2B￿IBAc4S82-Ac5É-lol9A99877FE AUSTIN & HOPE PILKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 A¢counting policies Icontlnuedl 1.7 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at tall b3nk5. other sho￿l￿mI liquid Investmenls with original m31unlie5 01 Ihree months or less. 2nd ball￿ o¥eriJiafts Bank overdrafts are Shown 1￿ Flnancial instruménts The charity ha$ elpth lo apply the prowsions of S2¢bon 11 'Basic Finan￿al In5trumenls' and Secutrn 12 'Other Finanual Instruments Issues. of FRS 102 Ie all oflls financial instsurnen15 Financial Insirurnents are recognised in the ¢hanty'$ balance Sheet when the charity become$ party lo the eDnlraciual provisions of the Instnjrnenl. Financial assets and Iiabilrties are off5el, wlh Ihe net amounls presènted In th8 financial 5taleffl8nls. when there is 81egally enfor￿able ri9ht10 Set oll the recognised amounts and there is an Inieniion to S¢EUe on è nEt basis or lo rea1158 Ihe asset ap.d Settle the liability 5imuilanevusIy 8asle linartci81 #55ets Basic finanu31 a55els. which Include deblots and cash ar.d bank balaft￿$. a￿ initially rnegsured al Iransaclion pricp Including Ir3ns3clion costs and a￿ subseouenlly carned al amDrtised cost using t￿.0 effecbve Interest meihod unless the arrange￿e￿I con5tilules a financing Iransaclion. vlhere the Iransactioil IS measured ai the present value ol the lulure re￿ip1S discounied at a m8fkei rate of Iniere$i Finanual assets das5ified as recei'¥able viilhin one year are nat amorbsed. Basic financial liabilitrps Basie financial11sbililies, incluLting crediiors and bank rgans are iniiially recogn15ea al Ir8nsaciion prace Un￿55 the arrangement con51ilules a financing Ir3nsaclion. where the dabl in51rumenl Is ffle35ured al the present value of the lulure paymen15 discounted at a mafket raie ol InlerE51 Finanual Iiabilii:-es classified as payable wilhin one yÈar3re not amorksed. D8re¢ognftloft ofiinan¢lal Irabilities Financial Iiabililies are derecognised whÈn Ihe charity's conlraclual obligations expire or a￿ disGharged or canc811ed. Trusice5 tlo noi invest in any complex financial Inslwment5. 1.9 Retirement benefits There are nD ernployee berefits. CritlC81 accounting estimates and judgÈrrtents In Ihe applKatson of th& charity's accouniing PDlioe5. the Iru5tee5 3r8 required 10 make iuthjernents. estimates and assump￿on& aboul Ihe carryin9 amounl of assets and Iiabililies that are noi readily aFpareol from other 50urres The èslirn31es and associated assumptions are based on hislo>rical expenence and Other factors Ihal re considered lo be relevant. Actual results may ditterfrom Ih8sè esiimates. The estima*5 and underlying assumption5 a￿ revEwe(J on an oryoin9 basis. Revisions lo a￿ountr e51irn4te5 art recognised in the period in which the estimalÈ 15 QV15ed where the revision alfects ￿lY that period. or in the peri[￿ of the revision and future periods where the revision affecls bDlh current and ILrturÉ poiiods Dows19n Envefope ID: gCc2E2B￿1￿AC4sO2-ACs￿loI9A89671FE AUSTIN & HOPE PILKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Incom8 from invostments Unrèstrictsd Unrest￿Cted funds funds 2024 2023 Income from Iisled investments Broker InlErest HMRC Interest Supplemenl Grant asvard repah 266.207 744 272,388 1,370 14 5.Otx) 266.951 278.752 Rai6ing lund$ Unrèstricted funds Toial 2024 2023 Investment managemeni fees 36.751 34.149 36.751 34.14> Support costs allocated to activilie5 2024 2023 Slatf Costs Audit fee5 Go¥eTnance 4.020 5.700 15.$03 4,020 1.986 13.230 25.223 19.236 Charitable attlvltles 2024 2023 Grant funding of 8cITWtie5 (see nole181 Share of support costs (see nole 51 Share of gDvemance costs (see note Sl 349.225 4,020 21,203 282,254 4.OZQ 15,216 374,448 301,490 14- DO￿81£￿ En¥elope ID.. gW2E2B9-1a4C4562-AC5E-1019A99677FE AUSTIN & HOPE PILKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees None of the Irusiee5 lor any persons connected with them) received any remuneration or benefits frorn the chafjty during ihe year. Employe06 The average monthly number of e￿￿9yeeS during the yearwa5 2024 14umber 2023 Numb¥r Adminisirator Employment cos(8 2024 2023 W3ges and salaries 4.020 4.020 Galns and losses on investmènts Unr¢slTiCted Unrestr5cted funds lunds 2024 2023 Gainslllossesl aTrsing on.. Revaluation ol Inve$itnenl$ Sale ol Investments 622.264 130,897 443.168 158.5141 752,161 384.654 10 Taxation The charty Is ex8mpt from taxation on ils 8clwrties because au rts income rs applied lur chèritsblE purposes. 11 Oebtors 2024 2023 Amounts fallinu due withln gn• yqAT- Investrnenl incorne receNal￿O olherdebtors 1.230 5.000 6,4S5 1.230 DorJJswn Envelope ID.. 9QC2E280.1￿c4s62.ACfj￿1ol￿ASg677FE AUSTIN & HOPE PILKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR fHE YEAR ENDED 31 DECEMBER 2024 12 Fixed a5S?t tnvestrnents Ltsted invostments C95t or valuation Al 1 January 2024 Addilions Valuaiion chartrJos Disposals 11.497.530 1.837,156 822.264 11.868 7411 At 31 December 2024 12,088.211 13 Creditors.. amounts falling due with¥n one year 2024 2023 Acoiuals ancs deferred Income 16190 17.214 14 Unro$irl¢ied fund5 T￿.e unrestricted funds of Ihe charity comprise IPie unexpended balances ofdonaiions and grants wbi.h are not 5ubjecl to specific condslions by donars and granlefS as lo ho¥v I￿.eY may be L'sed. These incluye designated fun¢5 which have been Set a51de uut of unresincted funds ty the Irv51ees lorspecific purposes At l January 2024 Incoming r¢50urces Resources xpondcd Gasns and losses At31 December 2024 General funds 11,548.623 266,951 753.161 12.157.536 PreYlou5 y0*r At 1 January Incomlng Reséurees resouTce¥ è¥pended Galn5 arsd losses At31 Decernber 2023 2023 General fund5 11.220.856 270.752 1335,6391 3E4,854 11,548.623 16- DDgJ*gn Envelope ID.. 9CC2E2Bg-1BAC4562ACSE.1019Ag9677FE AUSTIN & HOPE PILKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 15 RÈla¢ed party transa¢tlDns Flat Imiite Design LIY have de$,'Jned the A & H Pilkin9lon Web511e Fred Bad?Iv5ki ard Penny Badovéska a diieclors of Flai Wthite Desi9n Lld Flap Wthile provides afjalyli¢al Ser￿"e5 3nd websile 5UPPOrt lo the Trustees lllr which a fee is paid A paymefii of £2.100 ivas Made In 2024 Penny Badwvska 15 a director ol Green Ginger Oesign Ltd who provide webs11e hosting 10 IhÈ Trusi Apaiment ofE275 ¥vas mHde in 2024 16 Analy818 of ch8nges In not fund8 The ch8ri1y had no m*efial debt dufing the year. 17 Donaltons madè duriny thp year 2024 Quarterly Grants for Institutions Round One- Projocts for Improving Èmployment pro¥pe¢ts forpetspl¢ with di5abilitie5 Aclion Space London Events Limited A9e UK Nornich All ChangeAris Lifflited 1.¢00 1.000 1.000 1,000 1.000 1,aoo 1,000 1.000 1.000 1.000 1.000 1.(￿0 i.ooo 1,000 I,ooo 1.000 1,000 1,000 1,000 1,000 1,000 1.000 1.000 BluÈAppi2 Theatre 8lve ElÈphantTheaiie Carousel Project Caxton Youih Or9anisalion Down Syndrome Training and Support servi￿ Limited Dyspraxia Founda￿On Families Unileil Netripork GASP fvlolor Pro:.ecl eadways Southampton He3rt5merÈ mencap Immediate The8tre ladepen-dante Kent Enlerpnse Trust Little ￿lIracleS Charitable Incorporaied Organisa￿On My Life My Choi New Meaning Foundatyon STAhlMA SussexAssocialion for Spina Bifida and Hydrocephalus The Brock Garden Centre The CRUklBS Project The Mudlart%s CommJnty The seed Box Toucafi Employment Wing5 forwarncrfy Y Dance 1,000 1.000 1.000 1.000 First Quartèrtotal grat 29,000 17- Doujslgn Envelope ID,. ￿C2E28g-1BAC4s62-AC5E-10l9A99677FE AUSTIN & HOPE PILKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 17 Donalions made during thè year Icontinuedl Round Two- projects ifflprovsng èmployment and tralnlng for p¢opie Be￿$For¢ Street KItEhen Dealblind Uk Groundwork Five Counbes Henshaws Hopscolth Women'$ CEnire luscu13r Dyslfophy Group ol GB & NI New Start Highland SigMI for SurfÈy Stsciety for Horticulttsral Therapy l Thrive) Teamivork Trust The Creative Art Mouse The Jericho Fovndalion Tbe Lowry Centre Trust The Music Works The Poppy Fadory Unicorn Theatre London Limited Young Vie 5.000 5.000 5.000 5,000 5,000 5,OOQ 5.000 5.000 5.000 s.￿0 5.GOO 5.(NJO 5.CQO 5.000 S￿and Quarter totsl grants 85,000 18- Docusiqn Envelopp ID: ￿C2E2B￿1BAC4S62-A¢SE-1019A9g677FE AUSTIN & HOPE PSLKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 17 Donatlon5 m4de during the year Icontlnuedl Round Three. Faots Pov¢rty Abbey ¢ommurtity CenltE Abbey Physic Community Garden AcliViieen$ 83rton Communily As50oalron yond Limi15 Bamber Bakehouse 8runsw'.cit yO￿h and Community Centre Burge55 Sports allhorp2 Community Garden Gambo HeritageTru5t Cummunily & Vountsry Se￿￿8 Cheshire East Commuoily Links (South Lanafk$hityi Community Solulion$ North Wesl Ltd Cr8igavon Tra¥eller Support CD￿mitetr Diver51ty VDI Dovecoi and P￿n￿SS Dnve CommunityA$souaiio DundEe Inièrnaii¢nal WtynEn5 Centre Easlleigh Youth Eight Bells for Melll31 Health Family suppor.work FarÈShare North Ea51 FIDvri$hing F8milip5 Leed5 FOO￿nn1$ Centre Give,Help,Share Gioiving Works H3ckney Doopway5 Kn￿V512Y Fooobank Lim3vardy Commurily Development Inmtiabve Ma4vÈrn Cute Proipcts New Leaf Support Limilpd Newcastle Foadbank Project Food Refugee Resource Refuths Flintshire Remark1 COmm￿nity Rock Cornmunily Hub Saxmundham Art Slalion Seachange Devon S8vemAngels Hou$iw & sUp￿rt ShÈffiÈld Mencap & Gateway Shrèwsbury House St Vincent'5 Family Projeci Sunlight DevelopmentTru51 Tees Valley Wa￿en$ Cenlre ThÈ 8rldge Meniaring Pau5 Sthemè The Doddbridge Centre Limiled The Durolhy Parke5 Cen4 The Welcome l Knulsfordl Limited Urban Roots We51uoft Comrnunily Centre i.ooa 1.000 1.000 1.COO 1.000 1,000 1.000 1.000 1.000 1,000 1,COO 1.000 1.000 1.OQO 1.000 1,ODO 1,000 1.000 1,000 1,000 1,000 1.000 1.000 1.000 1.QOO 1,000 1,OOD 1.QOD 1.000 1.000 1.000 1,000 i.goo 1.000 1.000 1.CQO 1,LK)O 1.000 1.WO 1,(J)O 1,000 1,000 1.000 1.QQO 1.Dry) Doots&n Envelope ID.. ￿c2E2Bg-lBA¢4562AC5E-lol9Ag9677FE AUSTIN & HOPE PILKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 17 Donations made durln9 the yoar ICon¢lnuedl lthiieha¥Èn Community Trust YMCA Be11$hill & MosseTh1 Aspir? Ryde North Glasgow Communily Food Initiative Vineyard Community Centre 1,000 1.000 500 Third Qu3rter tolal grants 53.500 Round Four- Food poverty- Enabltng Rèsilience Action far Chi'.dren Afghanistan and CentralAsian A550cialion Aspire Ryde Batk on Trad< Nlanachesler Child Dynamix Child￿n North East Croydonyoulh Zone Cyrenians Edinburgh Food Project FamilyAction Groundivork Nprth Wa.e$ Handcrafted Project Moiiv6 South Lt Perth 8 Kinross Assorialion of Volunteors Servi 5.000 5,000 5,000 5.000 5,000 5,000 5.000 5.000 5.000 5000 5.000 5.000 5.000 5.WO 5,lJJO 5.rAIo 5.000 5.000 5,000 5.000 SOFEA South eastern Regional Cglkge South Ltsndon Gallery Sl Giles TfUSI The Groundwork South TnJg1 Ltd The Jeely Piece Club Fourth Quarter Lotal grants 100,000 Music Committments Purc&ll School 40.965 Miscellaneou8 Grants Tre English Nalional Oper3 UNICEF Prison Advicè Care Trust 30,760 5.000 5,000 Total Grants Pald lfi Yèar 34Y,225 -20- Docusigfj Envdope ID.. 9QC2E2B&18AC4562-ACSE-1019A9967TFE AUSTIN & HOPE PILKINGTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 18 Cash absorbed by operatlon5 2024 2023 Surplus forihe year 608,913 327.767 Adju51ments for.. Investment income re￿gnIsed in $tatement olfinanoal acb'vilie3 IG81nllloss gn d15PV5al ol inve51menks Fair value gains and105ses on Invesknenls 1266.9511 1130.6911 1622.2641 1278,7521 58,514 1443.1681 Movernents rn workiny capital.. IlncreaselldÈue35e In debtors (Deueasellincreasè in ueditors 15.2381 11.0241 569 1,378 Cash ab80rbed by op¢r#tJon5 1417.4591 1333.6921