D￿Sign Envdope It).. 9152A3D&740B400&84DO.22t)SF4A626D3
THE DAVID AND RUTH
BEHREND FUND
ANNUAL REPORT
& FINANCIAL STATEMENTS
FOR THE YEAR ENDED
ST
31 MARCH 2025
CHARITY NUMBER- 261567

Docusign Envelope ID. 9152A3DG740B4oD&84D￿22DsF4A6?6D3
THE DAVID AND RUTH BEHREND FUND
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025
ST
The Trustees present their annual report and financial statements of the charity for the year
ended 31, March 2025.
The financial statements have been prepared in accordance with the accounting policies set
out in note 1 to the financial statements and comply with the charity's trust deed, the Charities
Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland {FRS 1021
OBJECTIVE,
AND ACTIVITIES
The Trust has been established to make grants for charitable purposes. Grants are only made
to charities known to the settlor and unsolicited applications are therefore not considered.
Public Benefit
In planning the Fund's grant making the trustees have considered the Charity Commission
guidance on public benefit.
Achievements and Performance
Investments have been managed throughout the year by the Investment Managers, with
performance being monitored by the trustees. The Trust has therefore been able to maintain
its level of grant-making.
Financial Review
Income totalling £129,04812024'. £62,075) was received during the year of which £65,893
(2024.. £62,075) was investment income. This funded grants of £88,710 (2024.. £93,956) to
charitable organisations. Capital investments were valued at £1,826,995 (2024.. £1,820,726)
at the year end.
Investment Policy and Powers
The trustees have the same full and unrestricted powers of investment in all respects as if it
were the beneficial owner. The investment strategy is set by the trustees and takes account
of re￿nt demands for funds and an assessment of expected future needs (see Reserves
Policy). The investment policy and strategy are reviewed with the investment managers at
regular intervals. The investment objective is to maintain, overall. the real value of capital and
income.
Risk Management
The main risks to which the charity is exposed as identified by the trustees have been
considered and systems have been established to mitigate those risks.
Reserves Policy
The trust deed permits the spending of capital., the trustees have, however, agreed to retain
the capital for the time being and to invest it to produce income to make grants. The trustees
are managing the reserves to balance the needs of current and future beneficiaries. It is not
anticipated that the needs of benefi'ciaries will diminish over lime.

Doc￿Sign Envdope ID.. 9152A3JC.7AO8400&84DO.22DSF4A626D3
THE DAVID AND RUTH BEHREND FUND
ST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025
Plans for the Future
The objectives remain unchanged for the future., the intention is for continued investment
management on a consistent basis and distribution of income to charitable organisations.
Structure, Governance and Management
The Trust was established by a Trust Deed dated 17￿ September 1969 and is administered
by its corporate Trustee, Liverpool Charity and Voluntary Services.
Recruitment and appointment of new trustees
The stalutory power of appointing new trustees applies to the Trust Deed. The power of
recruiting and appointing new trustees is vested with the existing Irustees.
Name
Charity number
Prtncipal Office
The David and Ruth Behrend Fund
261567
LCVS
151 Dale Street
Liverpool
L2 2AH
A N Behrend
M C Behrend
Liverpool Charity and Voluntary Services (LCVSI, a corporate
trustee, which is incorporated under the Companies Act as a
company limited by guarantee without share c8Pltal as
company number 181759, a registered charity, number
223485, and a charitable Trust Corporation. LCVS trustees,
who are also its directors, were as follows dLtring the year.
Sonia Bassey MBE
Mike Thomas
Dorcas Akeju
Sonia Bassey MBE
Maxine Ennis
Anna James
Dr Hardamanjil R Kaur
Ken Perry
John Pri
Anne M Reading
Michael Salla
Louise Scholes
Gemma Shone
James Sloan
Neil John Slurmey
Mike Thomas
Trustees
Trustees
LCVS Chair
LCVS Treasurer
(Appointed 17th October 2024)
(Appointed 17th October 2024}
nd
(Resigned 2 September 20241
(Resigned 4th November 2024)
(Appointed 17" October 2024}
(Resigned 30. June 20241

tkuslgn Enwelope ID. 91S2A3D&740840W84DO-22DSF4A626D3
THE DAVID AND RUTH BEHREND FUND
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025
ST
Secretary
Investment Manager
Helen Rotheram
Evelyn Partners
Second floor.
Liver Building, Pier Head
Liverpool L3 1 NY
TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The charity trustees are responsible for preparing a trustees, annual report and financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice). The law applicable to charities
in England and Wales requires the charity trustees to prepare financial statements for each
year which give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, of the charity for that period. In preparing the financial
statements, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the applicable Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
• state whether applicable accounting standards have been followed, subject to any material
departures that must be disclosed and explained in the financial statements-
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and to enable them to
ensure that the fi'nancial statements comply with the Charities Act 2011, the applicable
Charities (Accounts and Reports} Regulations, and Ihe provisions of the Trust deed. They
are also responsible for safeguarding the as8et8 of the charity and taking reasonable steps
for the prevention and detection of fraud and other irregularities.
Signed on behalf of the Trustee, Liverpool Charity and Voluntary Services.
Dtr¢usFJD*dtyY'.
Mike Thomas - LCVS Trustee
14/07/2025
Dated:

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE DAVID AND RUTH BEHREND FUND
I report lo the trustee on my examination of the accounts of The David and Ruth Behrend
Fund ('Ihe charity,) for the year to 31st March 2025, which are sel out on pages 6 to 14.
Responsibilities and basis of report
As the trustee of the charity, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the 2011 Act,).
I report in respect of my examination of the charity's accounts carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all the applicable
Directions given by the Charity Commission under section 145 (5){b) of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be
required in an audit and consequently does not cover all the matters that an auditor considers
in giving their opinion on the accounts. The planning and condLJCt of an audit goes beyond
the limited assurance that an independent examination can provide. Consequently, l express
no opinion as to whether the accounts present a 'true and fair view, and my report is limited
to those specific matters sel out in the independent examiner's statement.
Independent examinevs statement
I have completed my examination. l confirm that no material matters have come to my
attention in connection with the examination giving me reasonable cause to believe that in
any material respect..
accounting records were not kept in respect of the charity as required by section
130 of the 2011 Act, or
2. the accounts do not accord with those records,. or
3. the accounts do not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities (Accounts and Reports)
Regulations 2008 other Ihan any requirement that the accounts give a 'true and
fair vieW which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in Ihis report in order lo enable a proper
understanding of the accounts to be reached.
Paula Sanchez
Name of applicable listed body.. Association of Chartered Certified Accountants
Relevant professional qualification or body.. ACCA
Date.. 21 July 2025

Do￿￿gn Envelope ID". 9fj52A3DC.740B40￿84D￿22DSF4A626D3
THE DAVID AND RUTH BEHREND FUND
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
ST
Unrestricted Funds
Capital
Funds
2025
Income
Funds
2025
Total
2025
Total
2024
Income from:
Donations
Investments
Notes
2a
2b
63,155
65,893
63,155
65,893
62,075
Total income
129,048
129,048
62,075
Expenditure on:
Raising funds
Charitable activities
4.981
97,310
92.355
92,355
Total expenditure
92,355
92,355
102,291
Net incomel{expenditurel
36,693
36,693
{40,216
Net gainsllloss) on
investment
6.269
6,269
103,217
Net movement in funds
36,693
6,269
42,962
63,001
Reconciliation of funds.-
Total funds brought
fonNard
61,127 1,820,726 1,881,853 1,818,852
Total funds carried
forward
97,820 1,826,995
1,924,815 1,881,853
The notes on pages 8 to 14 form part of these accounts.
The net movement in the funds in the year is derived from the continuing activity of the
charity.

Doeusign Envel(y ID. 9l52A3Dts740B4O￿s4Do.22DsF4A626D8
THE DAVID AND RUTH BEHREND FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
ST
St
31 March 2025
31st March 2024
Fixed assets
Notes
Investments
1,826,995
1,820,726
Current assets
Debtors
Cash balances
101,465
64,481
101,465
64,481
Current liabilities
Creditors
13,6451
(3,354)
Net current assets
97,820
61,127
Net assets
1,924,815
1,881,853
The funds of the charity:
Unrestricted funds
Income funds
Capilal funds
97,820
1,826,995
61,127
1,820,726
1,924,815
1,881,853
Approved and authorised for issue by the Trustees and signed on their behalf by
iddff
Mike Thomas - LCVS Trustee
14107/2025
Dated: .....................

Docuwgn EnveloKe ID.. 9152A3Dc-74OB4th)8.84D￿22osFAA62GD3
THE DAVID AND RUTH BEHRENO FUND
ST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of Accounting
The accounls have been prepared under the historical cost convention with items
recognised at cost or transaction value unless otherwise stated in the relevant note(s) lo
these accounts. The financial slalements have been prepared in accordance with the
Statement of Recommended Practice.. Accounting and Reporting by Charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS1021 ISORP 20191 effective from 1 January 2019 and
Charities Act 2011.
The trust constitutes a public benefit entity as defined by FRS 102.
The accounts are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in Ihese financial statements are rounded to the nearest £.
The Chaiity has taken advantage of the provisions in the SORP for Charities applying FRS
102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
Going ¢oncern
At the lime of approving the accounts, the trustee has reasonable expectation Ihal the
charity has adequate reserves to continue in operational existence for the foreseeable
future. Thus the trustee continues to adopt the going concern basis of accounting in
preparing the accounts.
Investments
In accordance with Statement of Recommended Practice.. Accounting and Reporting by
Charilies (SORP 2019), investments held as fixed assets are stated at fair value. Realised
and unrealised gains and losses are deall with as movements on the Capital Fund.
Investments are valued at the mid-market price on the valuation date.
Fund accounting
Unrestricted funds are considered 'free' resetves and are available for use or retention al
the discretion of the Trustees, in accordance with the charity's objectives. Free reserves
are undesignated funds availabSe for the furtherance of the general objectives of the charity.
Income recognition
Income from investments comprises dividend income and interest and are accounted for
when received in the financial year. Donations are recognised at the earlier of notification
or date of receipt. in the case of the third-party donations and legacy income when received
by the organisation.
Expenditure recognition
Liabilities are recognised as expenditure as soon as Ihere is a legal or constructive
obligation committing the charity lo that expenditure, il is probable that settlement will be
required, and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accrual basis. All expenses, including support and
governance costs, are allocated or apportioned to the applicable expenditure headings in
the statemenl of financial activities.

Do￿SigN Envelope ID". 9152A3DC-7408-40o&84D￿22osF4A626￿3
THE DAVIDAND RUTH BEHREND FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025
Raising funds costs relate to expenses incurred in the management of the investment
assets. Charitable activities include grant funding, along with associated support costs, to
beneficiaries. These are dealt with in the Statement of Financial Activities when payment
has been approved by the charity. Governance costs relate to compliance with
cor)slitutional and statutory requirements and specifically include all costs incurred by the
charity in producing the Annual Report,
Cash and cash equrvalents
Cash and cash equivalents include cash in hand, deposils held at call with banks, other
short-term liquid investments with original maturities of three months or less, and bank
overdrafts.
Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments,
and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial
instruments.
Financial instruments are recognised in the charity's balance sheet when the charity
becomes party to the contractual provisions of the inslrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial
statements, when there is a legally enfor￿able right to set off the recognised amounts and
there is an intention to settle on a net basis or lo realise the asset and settle Ihe liability
simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a
financing transaction, where the transaction is measured al the present value of the future
receipts discounted at a market rale of interest. Financial assets classified as re￿1vable
within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors are initially recognised at transaction pri
unless the arrangement conslitutes a financing transaction, where the debt instrument is
measured at the present value of the future re￿iptS discounted at a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest
rate method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or
are discharged or cancelled.

DO(￿￿g￿ Envelope ID. 9152A3D&740B-4008-84W22D5F4A626D3
THE DAVID AND RUTH BEHREND FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
ST
Taxation
The charity benefits from various exemptions from taxation afforded by tax legislation and
is not liable lo corporation tax on income or gains falling within those exemptions. The
charity is not able to recover Value Added Tax. Expenditure is recorded in the accounts
inclusive of VAT.
Critical Accounting Estimates And Judgements
In the application of the charity's accounting policies. the trustees are required lo make
judgements, estimates and assumptions about the carrying amount of assets and liabilities
that are not readily apparent from other sources. The estimates and associated
assumptions are based on historical experience and other factors that are considered to
be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions
to accounting estimates are recognised in the period in which the estimate is revised where
the revision affects only that period, or in the period of the revision and future periods where
the revision affects both current and future periods.
In the preparation of these accounts no critical accounting estimates or judgements were
applied.
2. Income and endovnnents from:
Income
Funds
2025
Capital
Funds
2025
Total
Total
2025
2024
a. Donation and legacies
Donations
63,155
63,155
b. Investments
Investments dividends and interest
65,893
65,893 62,075
3. Expenditure on charitable activities:
Direct Support& Total Total
Charitable Governance
2025
2024
Expenditure
Costs
To make grants for charitable
purposes.
90,907
1,448 92,355 97,310
io

D¢Gusign Envebpe10.' 9152A3t)C-740B-4006-84DO-22DSF4A626D3
THE DAVID AND RUTH BEHREND FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
ST
Analysed as follows:
2025
2024
Direct charitable expenditure..
Grant funding
Grant making administration costs -
88,710
2,197
93,956
2,069
LCVS
90,907
96,025
2025
2024
Support & Govemance costs."
Administration - LCVS
Independent examination
1,098
350
1,035
250
1,448
1,285
Total expenditure on charitable
activitios
92,355
97,310
li

Do￿￿gn Envelope ID.. 9152A3DC-740B400844DQ22D5F4A626D3
THE DAVID AND RUTH BEHREND FUND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025
The following grants were made during the year..
Grants of £1,000 and over
Beechley Stables Rda
Birkenhead Youth Club
British Refugee Council
Charles Thompsons Mission
Equilibrium North West CIC
Feeding Birkenhead
Freedom From Torture
Heart4refugees
Kensington Community Lc CIC
Kind
Koala North West
LCVS Everyday Changes Grant
Liverpool Cancer Care Self Help
Mango Tree Orphan Support Prog
Merseyside Holiday
Micah Liverpool
Movema
North L,Pool Foodbank
Olcotwish
Open Door Charity
Pss
Refugee Action
Salvation Army
Save The Children
Shaflesbury Youth Club
Shelter
Soul Sisters
South Liverpool Foodbank
Southport African Caribbean Ha
The Inclusion Network CIC
The Thinker Hub CIC
Vauxhall Community Law & Information
Wiking Centre & Youth Club
Wirral Foodbank
Wirral Hospice St John's
World Mission
2,500
1,050
1,750
2,240
1,920
2,240
1,400
2,500
1,500
1,400
2,500
8,400
2,500
1,050
1,400
2,240
2,500
2,240
1,500
2,500
1,400
1,050
1,400
1,400
1,050
1,400
2,500
2,240
1,600
2,500
2,500
2,500
1,050
2,240
1,050
1,050
72,260
16,450
Grants under £1,000
88,710
12

Docusign Envelope ID.. 915?￿Dc-74o&4008￿4D0.?2[)SF4A62sD3
THE DAVID AND RUTH BEHREND FUND
ST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
4. Fixed Asset Investments
2025
2024
Quoted Investments:
Market value at 1 sl April 2024
Disposal proceeds
Acquisitions at cost
Realised gains on investment assets
Unrealised Ilossesllgains on
investment assets
Increaselldecrease} in cash held by
Investment Manager
1,820,726
11,095,304)
1,089,311
456,828
(447.572)
1,722,490
1283,017)
283,017
703
102,514
3,008
{4,981 }
st
Market Value at 31 March 2025
1,826,995
1,820,726
Book Valug at 31 March 2025
1,240,820
1,240,820
Fixed asset investments are managed by Evelyn Partners and are held in custodianship, in
an account designated for clients, registered in the name of a nominee company to the order
of Pershing Securities Limited.
At the 3151 March 2025 none of the portfolio investments were valued at more that 5 /0 of the
total market value of the investments.
S. Debtors
There were no debtors during the year end 31, March 2025 {2024'. £nil)
6. Creditors
2025
2024
Administration- LCVS
Independent examination fee
3,295
350
3,104
250
3,645
3,354
7. Unrestri¢ted Funds
Income Fund.. Investment income and donations received for distribution as grants to
charitable voluntary organisalions.
Capital Fund.. Funds held provide income for the ongoing activities of the trust.
13

Dwsion Envelop8 ID." 9152A3DC-740B.4(X)844Dlk22DSF4Ae26D3
THE DAVID AND RUTH BEHREND FUND
ST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
8. Relatsd Party Transactions
Charitable activities.. these include £2,197 {2024'. £2,069) grant making administration costs
payableto LCVS. Support and governance costs include £1,198 (2024. £1,035) total £3,395
12024.. £3,104) payable lo LCVS in respect of accountancy and trust administration which
is included in creditors at the year end. LCVS received a donalion to Everyday Changes
Grant of £8,400 {2024.' £nil)
LCVS is related to the Trust by virtue of being the corporate trustees.
14