REGISTERED CHARITY NUMBER: 283231 Report of the Trustees and Flnaneial Statements for the Year Ended 5 April 2025 for Mason BSbby 1981 Trust SB&P Chartsred AccntantS & Statutory Auditors Oriel House 218 Oriel Road Bootle Merseyside L20 7EP
Mason Bil)by 1981 Trust Contents Of the Finaneial Statemènts for thg Year Ended S Aprll 2025 Page Report of the Trustees Report of the Independent Auditors Statemtnl of Finaneial A¢tivitles Balance Sheet Notes to the Finanelal Statements 8 to 14
Mason Bibby 1981 Tru¥t Report of the Trustees for the Year Endad 5 April 2025 The trustees present their report with the financial statements of the Charity for the year ended 5 Aw'l 2025. The trusièes have adopted the piovisiQlls ol Accounting and Reporting by Charities.. Statement of Recommendèd Prathce applicable lo ¢h8rib'es prep8ring their accounts In accordan¢ewitr the Financial Reporting Standaid applicAble in the UKand Republic ol Ireland IFRS102116ff8ctive 1 January 20191. OBJECTIVES AND ACTIMTIES Oblectlves and alms The object olthe trust, ahoUgh not exclusively, is the relief of need and firTrallcial hardship amongst UK employees or ex- employees of J Bibby & Sons PLC (since re-named Barlowoild UK Limitedl induding ts UK subsidiary companies together wrth the dependanls and rdatives ol such employees and ex-nplOyees provided that they wEYe efflployed bekxe 1st January 2CQO. Applications for gran15 from ernp1oyees, ex-employees, dependanls and relatives are EKoughl lo the attention of the exe¢utiVg cornmittee. following the reIptOf ameals made wa the pensioner visitors orby letter The executivecommittee 15 empower to approve SLth grants UP to £3,0(M). ADplications for amounts Kwe this figure are referred to the other trustee direclus folbw.ng approval by the executNe committ. Donab"ons arg also rnade to charitable (xganisalTon8 al the discrd'on of the trustees. Charltable donations are generally, although rt exdusivety. awarded to chanties whose objectives are the care and wellbèing of the elderly. DonatKJns for other charitable purposes are approved by the trustee directors as a whole. Inv8stment income generated in any on8 yèar is used to rnake payments of grants and dornalion5 and to meet ttr administration expenses of the Trust Any surplus ino)me is retained in the general fund for use in future years. In years when the number ol applicati5 for individual suppcKt is high. it may mèat any Shortfall from acEurnulated reseS aThJ maintain donations to charities. Tha trust6è5 have referred to the guidan contained in the Charty Cunmission's genwal guidancè on puNi¢l)enefilwh ewing its aims and objeth.ves and pknning ts 8Ctivrtie5. How our actlvltfi•s dèliver public beneflt We ale a grant making charty with the aim ol aiding those we consider to be in financial need. The trustees have the discretion lo apply funds to any charrtable ppoSe. The Trust has the freedom to make grants to any conslitlrted group, 85 lorig a5 the grant is used for charitab18 purposes and offers sufficient public benefit When we consider making a grant to an organisation. the trustees ensure that issues ol charitable pwpose and publi¢ benefrt have been addressed to its satisfaction. The grants and donations that we have made over the year have address&Y our main airn. d tacklirvJ the financial needs of individuals ano charitabl$ ¢rg8nisations, in many different ways. In relab.on lo our (k)nations to charitable organisations, the Trust d(Es not have Set fwdino priorities, atthough pritrily is weighted tOW8rds charrties that w)rk wth the elderly. We review the aims and obJ"edives of ths individual organi58tions and see our role as contributing valuable resour that go towards hdping them achieve thdr own ath$ and objec've5. Our achievamènts 8nd perfornian can be seen in thè follwng paragraph. ACHIEVEMENT AND PERFORMANCE Charitable acttvltles The value of donations m8de lo charitable organisations this year ttstallèd £45,750. These )s1$ted of donations to UK rIStered charlb'es tral provide speaalised seNices including care and respite facilities for the sick, disabled and elder A5 in previous years, a number of small don*ions were made more directly forthe benefit of individuds that are. or were, fomier ernployees or dependants and relatives ol sh employees, provided that they were employed before 1st January 20(Kl at, or a subsidiary of, J Bibby & Sons PLC Isince re-named Barfoworfd UK Limited). This year 11 ¢lonatlor6 were made wlh 8 total value of £14,839. Page 1
Ma80n Bibby 1981 Trust Report of the Trustèas for the Year Ended 5 April 2025 FINANCIAL REVIEW Reserves policy The tru5tees' present policy. taking one year th another, is lo provide out ol annual income forth¢ TrLJ5t's expenses and then lo distribLrte the balance to sele&ed qualfying benefIcne$ and to charitable trgani5alions, thus maintaining the underlying re5Érves. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its governing documert a deed of Iru3t, and constitutes an unincorpcTrted charity. The Mason Bibby 1981 Trust's governing InstrLJmenl 15 a Tru51 deed dated 30 July 1981. It IS 8 Chartsble Trust entered in the Central Register of Charities- registration no. 2&3231. Recruitment and appolntment of nèwtru5tees The power to appoint trustees was vtrsled in the settlor during his lrfetime but this was leaSed by a deed dated 7th January 2000 and now vest5 In the trustee directors. Trustee dirédors have generally been appointed from among past or present directors 01 managers of J Bibby & Sons PLC whose experience and personal qualities made them, In the opiniw of the existing trustee directors, Suitab candidates Organisatlonal structure The trust operates in aardare with the terms ol the Trust Deed as r8gard5 the rna.ng of granis and donations. The investing of funds in quoted seCuntS and bank deposits is undertaken wthin theterms olthe Trust Deed and oflhe Policy Statement dra up wth the Tiust Investment Managers as required by the Trustee Act 2000. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 283231 Principal address clo Rathbone Tiust Company Port of Liverpod Building Pier Head LNerpool Merseyside L31NW Tru5tee5 Mason Bibby 1981 Trust (Corporate trustee litnrfted by Guarantee, registered at Companies Housa undèr number. 130603811 L F Stead S8cretsry Mrs D S Fahy Trustee Dlrectors P A Blocksidge (resigned 14 July 20241 S W Baan (resigned 30 September 20251 J Fahy A S Gresty P J Maybury L F Stead E L Smith lappointed 26 Marth 20241 Audltors SB&P Chartered Accountants & Ststuiory Auditors Oriel House 218 Oriel Road Boot IA8rseyside L20 7EP Page 2
Mason Blbby 1981 Trust Report of the Trustees for the Year Ended 5 April 2025 REFERENCE AND ADMINISTRATIVE DETAILS Solicitors Pension Partners LLP The Old Rectory Church Lane Hallow WorSter. WR2 SPF Investment managers Rathbone Investment Managernenl Ltd Port ol Liverpool Bullding Pier Head verpool, L3 1NW Bank•rs Natwesl plc Liverpool City Offi 22 Castle Street Lwerpool. L2 OUP STATEMENT OF TRUSTEES, RESPONSIBIUTIES The trustees are responsible foi preparing the Report ol the Trustees and the finart¢ial statements in accordarrE with applieable law and United Kingdom Accounting Standards (Unrted Kingdcffi Generally Accepted knouriing Pra1} includi{ Financial Reporting Standard 102 "The Finanaal Reporting Standard applicab in the UK and Republic ol Ireland,. The law applicable to charrties in England and Wales, the Charities Act 2011, Charity IAccounts and Reports) RUl8OnS 2008 and the prov15ions oflhe INst deed require the trustees to prèparè financial statements for each finanoial year which give a tiue and fair view of the state of affairs of the charty and of the inwming resources and 8pplicatv)n of resources, including the income and expenditure. of the charity lor that period. In preparing th)se finanoal statemènts, the trustee5 are required to select Surtae accounting prAicies and then apply them conslstenlly., - obseNè thè rnethods and principles in the Chanty SORP., - rnakejudgemen15 and estimates that are aSonable and prudent., prepare the financial statements on the wing cOnM basis unless it is inappropriate to presume that the ChtY will continue in business. The trustee5 are responsible for keeping proFEr )UrIng records which disc105e wth reas(able accuracy at any time the financial FKJSition ol the charty a)d lo enable them lo ensure that the fi'nancial statements compty wth the Charits Act 2011, the Charty (Acctsunts an¢Y Reports) Regulations 2(K)8 an¢J the provIsn$ olthe trust deed. It is also reswnsible for safeguarding the assets of the charity and herLe for takirrfj reasonabk steps for the pVents"0n and delertion of fraud and othtt irregul8rities. 29th January 2026 Approved by cKder of the b)ard of trustees ............ ....... ........................ and signed on its behalf by.. Mrs L F Stead- Trustee Director P&3e 3
Report of the Independent AudSt¢r3 to the Trustees of Mason Blbby 1981 Trust Opinion We have audited the finanThal stslements of Mason Bibby 1981 Trust Ithe'¢harty? for the year ended 5 April 2025 whith comprise the Statement of Financial Activities, the 8alanTr Sheet and notes to the financial statetnent& induding a summary of slgnifioznt accounting poliaes. The financial repIng framework that has been applied in IPEir preparation is applicable law and Unrted Kingth)m Accounting Standards (United Kingdcyn Generally Apted Accounting Practice), induding Financial Rewrtir¥J Standard 102 'The Financkal Reporting StaThYard applicable in the UK and Republic of Ireland,, In our opinion the finanaal slatemenls.. - give a tiue and fair viewoflhe state olthe chaitls affairs asat 5 April 2025 and ol its Incomiw resources and application of iesourees, forlhe year then ended., have been properly prepared in ac(x)rdance wlh United Kingdom Ganèrally Ac¢epted P£courting Praciice. including Financial Reporting Standaid 102'The Financial Reporting Standard applicable in the UK and Republ of Ireland,; and have been prepared in afjwrd8n with the requirements of the Charities Act 2011. Basis for opinion We conducted our audit in act(dan with Inlwnational Standarijs on ALKI(ting IUK)11SAs IUKI and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for aulit of the financial staternents section of our report. We a indepèndent ol the charity in accordance t the ethical requiretnenls that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethieal Standard. and we have fvlfilled our other ethical responsibilities in accordanTr Mrith these requ1mentS. W8 bèlieve that the audit eviden we have obtained is suffiaent and appropriate tr> piovide a basis Icf our opinion. Concluslons relatlng to golng concern In auditing the financial statement& we have conduded that the tru5tees' use of the going c(ceM basis ol xcounting in the preparation of thè financial statemenls is appropriate. Based on the Ork we have performed. we have not identified any rnaterial uncertainties lating lo events or condib'on5 IhaL individualSy or collectively, may cast significant doubt on the charity's ability to continue as 8 going concern for a perK)d of at least twelve months when the financial statements are authorisèd for issue. Our respon5ibilitEs and the responsibilities of Ihe Iruslees with respect to going concern arè des¢ribed in the revant saction5 of thks rewrt. Other infomiatlon The trustees are responsible for the other information. The other information MpriseS the inlomiation includ& in the Annual Repcxt, other th the financ1 statentS aThJ cyjr Raport of the Independent Auditors ItEreon. Our opinion on the financial statements does not cover the other infomiation and, expt to the èxtènt olherwse explicitly 51ated in our report, we do not express any form ol assuran conclusion Ihereon. In connLttK)n with our audit of the finanual statemen& our responsibility is to read the other information and, In dolng so, (x)n8ider vthether the other inlomation is m81¢rially inconsistent wth the financial statements or our knovAedge obtained in the audit or olkErwise appearsto ba [natiallY rnis5tated. Ifwe identify such material Inconsi51&nGies or apparentmaterial rnisstatements, we are required lo determine whetherthis gwes rise to a material misstatement in the financial statements themselves. 11, based on thè work we have performed, we condude that thère is a rnater1 misstalernent of this other information, we ¥e required to report that fact. We have nothing lo report in this regard. Matters on whlch we ar• requlred to report by exCepOn We have nothing to report sn respect of the following matters ¥there the Charitie$ (Accounts and Reports) Regulations 2008 requires us to reFx)rt to you if, in our oFx"nion'. - the inf(*malion gNen in the Report ol the Trustees is In0)nsent in any material respect with the financial 5t8tement5,' or - 5uffiaent aco)unting records have not tEen kept.. or the financial statements are not in agrewnent wth the accounting records and r6turn$', ¢r we have not reiVed all the information and explanations we requlre for our audr(. Re5ponslbllltles of trustaès As explained more fully in the S18tement of Trustees, Responsibilrties, the trustees are responsitAe for the prep¥ation of thefinancial statements 4thich give a true and fairview, and for such inlemal control as the trustees determine is newsary to the ppar81K)n ol finarLial statements that are tr8e from m81erial rnis5taternent, whether due to fraud or error. Page 4
Report of thg Independent Auditors to the Trustees ot Mason Bibby 1981 Trust In preparing the finanaal statemènts. the trustees are responsible lor assessing the eh8rity's ability to continue as a going conTrin. disclosing. as applicable, matters related to going concem and using the going concem basis ol accounting unle58 the Iru51ees either intend to liquidate the chanty orlo cease operions, or have no realistic alternatwe butto do so. Our responslblllttes fortha audit of the financlal staternents We have been appointed as auditors under Section 144 01 the Charibes Act 2011 and report in acc(Kdance with the Act and relevant regulations made or having effect thereunder. Ourobjectives areloobtain reasonable assuran aboulwhetheilhe financial statements as a tholeare free from material misstatement. whether due lo fraud or error, and to Issue a ReFM)rt of the lThYependent Audrtors that includes our opinion. Reasonable assuran Is a high levèl of assuran. but 15 not a guarantee that an audrt conducted in accoidance with ISAS IUKI will always ett a matèrial tni5sl8ternent when rt exists. Misstatements can anse from fraud or trror and are considered materi81 If, individually or in the aggregate, they could ieasonably be expected to influence ihe economic decisions of users taken on the basis of these fin¢la1 statentS. Irregularities, includlng fraud 8ie inStanS of non-compliawe with law5 and iegulation& We design prdureS in line wlh our responsibilrf(ies, outlined above, lo detect maten81 mis5tatement$ in respect of irregularities. including fraud. The extent lo which our procedures are capable ol detecting irrégul8rities, including fraud is detailed below. We obtained an understanding of th& legal and regulatory frameworks applicable to tha charity and tha sectty in which il operates. and klentified the key laws and regulations as the charrty's governing document, the Charitie5 Act 2011 and the Charity Commission regulations. - We obtained an understanding of how the ¢h8rty is wrn 'ng wth those legal and regulatory frameworks by making &nquiries ol managemènt. reviewng the board meeting minutes, considtrring any (gOIng and potential claims against the ch8rity. reviewing the legal and professional lees incurred in the year and enquiring wth management as to the circumstances around these fees. We assessed the su$ptibl1ify of the tharity's financial statements to material misstatement, induding howfraud might occur. Audit procedures performed by the audit engagement team induded.. Klentitying the controls that management has in place to pievent and detert fraud., - challenging assumption5 arKI judgements made by management in its 5ignrficant auntIng e51irnales.' addressing the risk of management override of controls, induding evaluating the ratK)nale of any signfficant transactions outsidè thg charty's norrnal activities., 8ssèssing the extent of compliance with the relevant laws and regulations A further de5criptton ol our responsibilities for tt)e audft of the finarLial ststernents Is IwAted on the Financ1 Reportin9 Council's website at .trc.org.uklaUdrt0rsresponSlb1Ith.e5. This description fomis part ol our Report ol the Independent Auditors. Use of our report This report is made solely to the charity's trustees, as a bcM, in accordan wth Part 4 01 the Charities (Accounts and Reports) Regulations 2008. Our audrt work has been undertaken so that we migm state to the charittys trustees those matters we are iequir6d to state to them in an auditors, rewrt and for no other purpose. To the fullest extent permitted by law, we do nc acpt a55ume reSp(SibIlity to anyone other than the thty and tha charty's trusle8s as a boty. I our audit work. foi this report, or for the opink)ns we have fom)ed. SB&P Chartered Accwnlants & Staiutory Auditors Oriel House 218 Oriel Road Boolle Merseyside L20 7EP Page 5
Ma$on Blbby 1981 TNst Statement of Flnanclal Activitie8 lor the Year Ended S April 2025 5.4.25 Unrestrlcted fund Total funds )tes INCOME FROM Invesltnents 116,013 111.545 Bank compensation 150 111.695 116013 EXPENDITVRE ON Investment Management 13.960 13,412 Charltable act5vle¥ Donations to charities Giants lo indwiduals Support costs Governance costs 45,750 14,839 13,497 7,231 37,100 24.286 13,349 4,938 277 93.085 Net Ilossesllgains on investrnents 84,7701 17.829 NET IEXPENDITUREYINCOME 164,0341 36,439 RECONCILIATION OF FUNDS Total fullits Lyougm l¢xward 3,333,960 3,297,521 TOTAL FUNDS CARRIED FORWARD 3 269 926 3,333.960 CONTINUING OPERATIONS l incorne and expenditure has arisen from conts'nuing acth'vits. The ndes forrn part ofthese finala1 statements Page 6
Mason Blbby 1981 TrLTJt Balance Sheet S April 2025 5.4.25 Unrestricted fund 5.4.24 Total funds Notes FIXED ASSETS Tangible Assets 1,187 1,510 Investsnents 3157948 3,159,135 3205111 3,XE,621 CURRENT ASSETS Cash at bank 147.888 137,957 CREDITORS Amounts falling due wthin e year 10 137,0971 110,618} NET CURRENT ASSETS 110.791 127.339 TOTAL ASSETS LESS CURRENT UABILITIES 3,269,926 3.333.980 NET ASSETS 3 269 926 3.333,960 FUNDS Unrestrlded fund5 11 3 269 926 3.333.0 TOTAL FUNDS 3 269 926 3,333,960 29th January 2026 The financial slaternents were apwoved by the Board of Tru5tee5 and authised for issue on................................ .... ....... and siqned on its behalf by.. L F Sleaii- Trustee DirOr The note5 fomi part of these finanaal statements Page 7
Mason Blbby 1981 Trust Notes to the Financlal Statements for the Year Ended 5 April 2025 ACCOUNTING POUCIES Basls of preparing the financial statements The financial statements ol the charity, which is a pull errt entity under FRS 102, have been prepared in accordanTr wffth the Charitie5 SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended PractiTr applicable tocharrties preparing the accounts in accordance wth the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectwe 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporbng Standard applicable in the UK and RepLJblic of Iieland, and the Charities Act 2011. The financial statements h8ve been yepared under the hist{1 cost wnvention. with the exptIOn ol inveslments which are included at rnad(el value. The tharity has taken advantage of the following di8c105ure exernplions in preparing these financial stalernents, as pemitted by FRS 102'The Financial Rewrting Standard apicable in the UK and Republic of Ireland.: the reqUnentS of Section 7 Statement of Cash Fk) Income All income Is rera)gnised in the Statement ol Financial Adivrties once the charity has entrtlemenl to the funds, rt is probable that the incorne will be re1Ve atvj the amount be measured reliably. Expendtture Liabilities are rec(Enised as expenditure as soon aslhere is a legal orconslructiveobligation committing the charrty lo that expenditure, rt is wobable that a transfer of economic benefits wll be required in settlement and the arnounl of the obligation can be measured rèliably. Expenditure is accounted I on an accruals basis and has b8en CSSIfIed underthe follon9 headings.. Investment management, Charitable activrties. Governance and Support. Grants and donations are cla55ified under charitable adiwties and accoured for when they have been paid to the recipient. TaXaOn The charity is axampl frorn tsK on rts Charitab activthes. Fund accounting Unrestricted funds be used in aOrdanC6 with the (aritable objeclives at the discretion of the trustees. Investments Investments are included at market value al the balance sheet date and the realised unrealised gains or losses are induded on the Statemenl of Financial A(*vilies. Tangible Flxed Assèts Fixed assets arè accounted for at cost and depreciated overtheir estimated uselvl life. Depreciation 15 provided at the followng annual r8tes.' offi equiprnenl 20% on cost Paje 8 continued..
Mason Blbby 1981 Trust Notes to the Flnancial Statements for the Year Ended 5 April 2025 INVESTMENTS 5.425 UK Investmonl income Overseas equity divhdends 86,185 27.825 82,226 27,609 Interest r1Ved 2,003 1,710 116,013 111,545 The total UK investrnent income during the year was as follcws.. 5.4.25 5.4.24 UK Commercial Fixed Interest UK Index Linked Fixed Intèrest UK Equty and Convertibles Dmdends 11,106 1,774 8,398 2,416 71,412 RAISING FUNDS Investment managèmènt costs 5.4.25 5.4.24 Portfolio managernenl CHARITABLE ACTIVITIES COSTS 5.4.25 5.4.24 Charitable donations Iw note 51 Grants to Individuals Support costs Isee note 61 45,750 14,839 13,497 37.100 24.286 13.349 74.735 GRANTS PAYABLE 5.4.25 DonalK)ns lo charities Grants lo indimduals 45,750 14,839 37,1(X) 24,286 Page 9 continued..
Mason Blbby 1981 Trust Notes to the Flnancial Statements . contlnued for the Year Ended S Aprfl 2025 GRANTS PAYA8LE- contSnued The total grants paid to ctoritable tsrganis3lions during the year were as folli)ws'. 5.4.25 5.4.24 Age UK Cheshire Age UK Mid Mersey Age UK Wirral zheimerfs Society Asthma Relief at work wth Hospices British Disabled Angling Assodalion Brrtish Heart Foundation British Red Cros5 Society Carers UK Calibre Audio Claire House Clatterbridge C8n¢er Charty Designability Charity Ltd tk)uglas Macmillan Hospice East Cheshire Hospice Friends ol St Josephs Henshaws Society for Blind Pe(ple Hospice ol the Go(Kl Sh8phard Ltd Hoylake Cottage Independent Age (North West Region) Kath3rine House Hospi Katharine House Hospice Twst Know51ey Carers Centr8 League of Welldoers Local Solutions Macmillan CarKer Support Marie Curie IH05pice Liverpwll Martin House Motor Neurone Disease Assttiation Omega UK Paln Rèlief Foundation Queenscourt Hospice Retina UK Rosemere PAB Ri)wcroft Hospice Roy Castle Lung Canr Foundation Royal School for the Blind Charity. Liverpool Royal Voluntary Semce Samaritans of LIV)001 and MerSeySe Severn Hospice Ltd St David'5 Hospi Newport St. Anns Hospice St. Joseph's Hosptce Asswiation St. Mary's Care Cenire st Wiltred's Hospi (Eastbournel stroke A550ciation Sue Ryder- Wheatfields Hospice Thames Hospi The Abbeyfièld North Mersey IExtra Carel Society Trust The Holistic Cancer Centre The Myton HospIS The PrinTr and Prin55 ofwales Hospi The Salvation Army Social Work Trust The Shakespeare Hospice Versus Arthritis Wirral Hospice St. John's Wirral Sctiety for the Blind and ptIa Sighted Woodlands Hospi Charitable Trust 1.000 1,000 1,000 BOO 1,000 soo Y50 600 750 800 500 1.000 600 1,000 1,000 7SO 400 1,000 750 750 750 800 400 600 500 500 eoo 1.000 500 200 200 1,000 800 750 1,000 1,000 500 400 400 1.OCKJ 1,0(K) 5(Kl 400 1,000 1,000 1,000 750 750 750 1.000 1,000 soo 1,000 500 500 1,000 500 1,000 500 500 1,000 500 500 1,000 750 1,000 1.000 1.000 1.000 750 1,000 500 1,000 1,000 750 500 1.OCKI 1,000 400 5Th) 5(KJ 1,OLKI 1.OCN) 1,000 1,000 500 1,000 500 1,(KJD 1.(M)O 600 500 1.OC(J 1.0(M) 1,OQYJ 1,OQN) 1.000 500 1,000 500 000 1.000 500 Page 10 continued...
Ma$on Bibby 1981 Trust Notes to the Flnanclal Statements- contlnued for the Year Endèd S April 2025 SUPPORT COSTS 3.4.25 5.4.24 Pensioner visitor costs Secretarial Fees Sundry exwses Depreryalion 2,740 10,000 434 323 2,885 9.470 13.497 13.349 TRUSTEES, REMUNERATION AND BENEFITS There were nolrvstees, remuneration, expenses or crther berelrts forthe ye¥ ended 5 April 2025 nor forlhe year ended 5 April 2024. TANGIBLE ASss Offie• EqUI&nI COST Al 6 April 2024 Additions 1.616 At 5 April 2025 DEPRECIATION At 6 April 2024 Charge lor y6ar 323 At 5 April 2025 429 NET BOOK VALUE Al 5 April 2025 At 5 April 2024 Page 11 continued..
Mason Blbby 1981 Trust Notes to the FSnanclal Statements- ¢ontlnued for the Year Ended 5 April 2025 FIXED ASSET INVESTMENTS Llstsd Investments MARK VALUE At 6 Apil 2024 Additions Disposals Revaluth'on 1205,1q1 389,099 13313991 10 863 Al 5 April 2025 3,157,948 BOOK VALUE Al 5 April 2025 3,157,948 At5Awl 2024 Investments htrid by the charity, pi'marily lor an invastm8nl retum, are detailed below at market value.. 5.4.25 Fixed intere* Resources General industries Financial Consumer goods Global investments Ovwseas investrnent5 Collective investments 179,415 185,712 414,886 77,520 298,284 103,530 1.734,801 163800 88,se4 257,675 472.782 65.423 296,305 104.160 1.746,722 173.180 3157948 3.205 111 The c05t ol the quote¢J investments at 5th Awil 2025 amounted to £2,442,13912024.' £2,192.9401. Investfflellts were valued at the mld-poinl of the quotation in the Stock Exthange offici?1 list at 5 April 2025. The investnents with a value greater than 5% of the total portfolio are listed below. 5.4.25 5.4.24 Fidelity European Values JP Morgan Asset Managers {UK) US Equity Income C I Shares pl¢ Merc2nlile Investments SchrcMYer Investment Management Asian Income L Inc 173.105 223,440 334.336 173.160 271,584 218,960 183,230 163,800 258.912 Page 12
Mason Blbby 1981 Trust Notes to the Financial Statements- eontinued for the Year Ended 5 Aprfl 2025 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 5.4.25 5.4.24 Other craditirs Awua15 26,250 10 618 37,097 10,618 11. MOVEMENT IN FUNDS Net movement in funds At 6.4 24 5.4.25 Unr•strletèd fund General fund 3,333,960 164.0341 3,269,926 TOTAL FUNDS 3 331960 64.0341 3,269 926 Nel movement in funds, included in the above are as follows.. In¢omirYJ resources Resour expended Gains and losses Movement in fuThYs Unrgsirithd funds General fund 116,013 19S,2771 184.7701 164,0341 TOTAL FUNDS 116013 95.2771 Comparatlves for movèrnent in funds Net movement in funds Al 5.4.24 At 6.4.23 Unrestrlcted funds Gelleial fund 3,297,521 36.439 3.333,980 TOTAL FUNDS 3.297.521 36,439 3,333,960 Comparative net movement in funds. included in the above are as follows". Incoming resources Resources expended Gains and losses Movemènt in funds Unrestricted funds General fund 111.695 193.0851 17,829 36.439 TOTAL FUNDS Page 13
Mason Bibby 1981 Trust Notes to the Flnancial Statemen¢s . contlnued for the Yoar Ended 5 April 202S 12. GENEIiAL FUND The general fijnd is an ueS(*ed fund which is availabl8 for use at the discretion of the trusteès in furtherance ol th& ganeral objectNes of the trust. P8ge 14