Doc%isign Envelope ID." e81DE5C>tyDAF94BE48N¥21CD50COF8F6 THE DAVID AND RUTH BEHREND FUND ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 CHARITY NUMBER- 261567 Docusian Envelope ID". C81DE5D&DAF¥8BE4800E-21CDSI¢OFBF6 THE DAVID AND RUTH BEHREND FUND TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2026 The Trustees present their annual report and financial statements of the charity for the year ended 31$1 March 2026. 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 102) OBJECTIVES 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 Perfomiance Investments have been managed thioughout 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 £175,429 (2025.. £129,048) was re￿IVed during the year of which £52,274 (2025_. £65,893) was investment income. This fur)ded grants of £94,959 {2025'. £88,710) 10 charitable organisations. Capital investments were valued at £2,056,860 (2025.. £1,82S,995) at the year end. Investment Policy and Powers The trustees have the same full and unrestricted powers of investment in all respects as rf it were the beneficial owner. The investment strategy is set by the trustees and takes account of recent 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 inteNals. The investment objeclive is lo 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 syslems 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 anticipaled that the needs of beneficiaries will diminish over time. Dwsign Envelope ID.. CBIDESDGDAFS88E4-800E-21CD50COF8F6 THE DAVID AND RUTH BEHREND FUND TRUSTEES, REPORT FOR THE YEAR ENDED 315T MARCH 2026 Plans for the Future The objectives remain unchanged for the future., the intention is for continued investment anagement on a consistent basis and distribution of income to charitable organisations. Structure, Governance and Management The Trust was established by a Trust Deed dated 17th September 1969 and 15 administered . by its corporate Trustee, Liverpool Gharity and Voluntsry Services. Recruitment and appointment of new trustees The statutory power ot appointing new trustees applies to the Trust Deed. The power of recruiting and appointing new trustees is vested with the existing trustees. Name Charity number Principal OfFice The David and Ruth Behrend Fund 261567 LCVS 151 Dale Street Liverpool L2 2AH A N Behrend M C Behrend Liverpool Charity and Voluntsry Services (LCVS), a corporate trustee, which is incorporated under the Companies Act as a company limited by guarantee wtthout share capital as company number 181759, a registered charity, number 223485, and a charitable Trust CoFporalion. LCVS trustees, who are also its directors, were as follows during the year. Sonia Bassey MBE (Resigned 5th January 2026) Mike Thomas Dorcas Akeju Sonia B2ssey MBE ChristDpher D Colwell Maxine Ennis Anna James Dr Hardamanjit R Kaur Anne Reading Michael Salla Louise Scholes Gemma Shone James A Sloan Mike Thomas Trustees Trusteas LCVS Chair LCVS Treasurer (Resignad 3rd De￿mber 2025) {Resigned 5tn January 2026) (Appointed 3rd June 2025) rd (Resigned 23 February 2026) (Resigned June 2025} st (Resigned 31 March 2026) Docusign Envelope ID.. CBIDE5DC-DAFUBE44QOE-21CD50COFBF6 THE DAVID AND RUTH BEHREND FUND TRUSTEES. REPORT FOR THE YEAR ENDED 31ST MARCH 2026 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 Irue and fair view of the state of affairs of the charity and Df the incoming reSour￿S and application of resources, of the charity for that period. In preparing Ihe financial statements, the truslees 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 h8ve been followed, subject to any material departures that must be disclosed and explained in the financial statements., prepare the financial statements on the gDing con￿rn 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 financial statements comply wlth the Charilies Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets 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. gRBWaPsiklAts............... Mike Thomas - LCVS Trustee 05 June 2026 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE DAVID AND RUTH BEHREND FUND I report to the Irustee on my examination of the accounts of The David and Ruth Behrend Fund ('the charity,) for the year to 31 SL March 2026, which are set 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 accordan￿ 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 exarnination I have followed all the applicable Directions given by the Charity Commission under section 145 (5)Ib) 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 2nd conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequenlly, l express no opinion as to whether the accounts present a 'true and fair view, and my report is limited to those specific matters set out in the independent exarninei's statement. Independent examiner's statement I have completed my examination. I confimi 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 kepl in respect of the charty 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 aecounls set out in the Charities (Accounls and Reports) Regulations 2008 other than 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 this report in order to 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= 171612026 Dns CIC Mindset Mattels CIC NO￿lS Green Community Alliance North LivEipooI Fwdbank Numeracy 4 All Ltd pss Refugee Action River Of Lrfe CIC Salvation Army Save The Children Shaftesbury Youth Club Shelter So>ulh Liverpool Foodbank Talking English CEC Viking Centre & Youth Club (Bi Wirral Foodbank Wirral Ho¥spice St Johns World Mission 2,450 2.500 f.125 2,500 1,870 2,390 2.500 2,500 2,500 2,390 1.500 2.500 1,500 2.500 8.980 1,125 1,500 2.390 2.50C) 2,500 2,500 2,390 2,500 1.500 1,125 2,312 1,50D 1,500 1,125 1,500 2,39Q 1,677 1,125 2,390 1,125 1,125 Grants under £1,000 77,504 17,455 94,959 12 Da￿SIgn Envelope ID.. CB1DE5D&DAF94BE4800E-21CD50COFBF6 THE DAVID AND RUTH BEHREND FUND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31- MARCH 2026 4. Fixed Asset Investments 2026 2025 Quoted Investments: Market vslue at 1st April 2025 Disposal prO￿ed$ Acquisitions at cost Realised gains on investment 88sets Unrealised gainsl(losses} on investment assets Increase in cash held by Investment Manager 1,826,995 1,820,726 (327,798) (1,095,304) 315,789 1.089,311 95,270 456,826 143,046 (447,572) 3,558 3,008 Market Value at 31st March 2026 2,056,860 1,826.995 Book Value at 31$t March 2026 1,240,820 1,240,820 Fixed asset investments arè 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 Limiled. At the 319t March 2026 none of the portfolio investments were valued at more than 5 % of the total market value of the investments. S. Debtors There were no debtors during the year end 3151 March 202612025.. £nil) 6. Creditors 2026 2025 Administration - LCVS Independent examination fee 2,465 395 3,295 350 2,860 3,645 7. Unrestricted Funds Income Fund.. Investment income and don?tions received for distribution as grants to charitable voluntary organisations. Capital Fund.. Funds held provide income for the ongoing activities of the trust. 13 Dwuwgn Envelope ID." CBIDE5DC-DAF9-8BE4800E-21C050¢0FBF6 THE DAVID AND RUTH BEHREND FUND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2026 8. Related Party Transactions Charitable activities-. these include £1,643 (2025= £2, 197) grant making administration costs payable lo LCVS. Support and governance costs include £94212025.. £1,198) lotal £2,585 {2025.' £3,395) payable to LCVS in respect of accountancy and trust administration which is included in creditors at the year end. LCVS received a donation to Everyday Changes Grant of £8,980 (2025.. £8.4001 LCVS is related to the Trust by virtue of being the corporate trustees. 14