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2023-04-05-accounts

THEJ A SHONE MEMORIAL TRUST
TRUSTEES REPORT FOR THE YEAR ENDED5™
APRIL
THEJ A SHONE MEMORIAL TRUST
TRUSTEES REPORT FOR THE YEAR ENDED5™
APRIL
THEJ A SHONE MEMORIAL TRUST
TRUSTEES REPORT FOR THE YEAR ENDED5™
APRIL
THEJ A SHONE MEMORIAL TRUST
TRUSTEES REPORT FOR THE YEAR ENDED5™
APRIL
2023
LCVS Trustees Dorcas Akeju
Sonia Bassey MBE
Maxine Ennis
Emma
Ho
(Appointed 28'" October 2022)
Ken Perry
John Price
Michael Salla
Louise Scholes
Gemma Shone (Appointed 20~ September 2022)
James Sloan
Neil John Sturmey
Henry Terefenko (Resigned 23' June 2022)
Mike Thomas
Sue Williams (Resigned 23" July 2022)
Independent Examiner Paula Sanchez ACCA
C/0 LCVS, 151 Dale Street, Liverpool, L2 2AH
Investment Manager Investec Wealth & Investment
100 Old Hall Street, Liverpool, L3 9AB

Unrestricted Funds
Income Capital
Funds Funds Total Total
2023 2023 2023 2022
Income from: Notes F F F
Investments 2 40,887 40,887 49,196
Total income 40,887 40,887 49,196
Expenditure
on:
Charitable
activities
3 53,500 53,500 44,598
Total expenditure 53,500 53,500 44,598
Net (expenditure)/income (12,613) (12,613) 4,598
Net (losses)/gains
investment
on (47,694) (47,694) 13,110
Net movement
in
funds (12,613) (47,694) (60,307) 17,708
Reconciliation offunds:
Total funds brought
forward
12,141 951,702 963,843 946,135
Total funds carried
forward
(472) 904,008 903,536 963,843

ALANCE SH EET AS AT APRIL 202 3
Fixed assets Notes 5~ April
f
2023
6
5~ April
F
2022
F
Investments 4 904,008 951,702
Current assets
Debtors
Cash balances 876 13,239
876 13,239
Current
liabilities
Creditors (1,348) (1,098)
Net current assets (472) 12,141
Net assets 903,536 963,843
The funds of the charity:
Unrestricted funds F E
Capital funds 7 904,008 951,702
Income funds 7 (472) 12,141
903,536 963,843

Analysed as follows: Analysed as follows:
2023 2022
Direct charitable
expenditure:
F
Grant funding 52,500 43,500
Grant making
administration
LCVS
costs— 500 500
53,000 44,000
Support
tl Governance
costs: 2023
f
2022f
Administration
—LCVS
250 250
Independent
examination
fee 250 348
500 598
Total expenditure
activities
on charitable 53,500 44,598
The following
grants
were made during the year:
Grants ofF1,000 and over f
A.I.D. South Sudan 3,000
Compass 3,000
Feeding
Liverpool
3,000
Mission Aviation
Fellowship
4,000
Mengo Hospital 1,000
Neuro Therapy 2,500
Royal Liverpool
Philharmonic
StJames
in the City
Society 3,000
2,000
StJames Youth 3,000
StJohns Hospice 3,000
Stand by Me 10,000
The Florrie 5,000
The Hive 5,000
Whitechapel
Centre
5,000
52,500
Other grants
52,500