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|Contents||||Page|
|---|---|---|---|---|
|Trustees<br>and advisers|||||
|Report ofthe Trustees||||2-6|
|Independent<br>Examiner's||report|||
|Statement<br>of Financial||Activities|||
|Comparative<br>Statement||of Financial|Activities||
|Balance Sheet||||10|
|Notes to the Financial|Statements|||ii - 20|





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|Trustees:|||Dean Sue Jones - Dean of|Dean Sue Jones - Dean of|Dean Sue Jones - Dean of|Liverpool|
|---|---|---|---|---|---|---|
||||Pat Heyes||||
||||Tom Roberts||||
||||Nick Basson||||
||||Paul Ferguson||||
||||Rev'd<br>Myles Davies||||
||||Stephen<br>Mannings|—Director of Music|||
|Correspondence||Address:|Cathedral<br>Deice||||
||||StJames' House||||
||||20 StJames' Road||||
||||Liverpoo<br>I||||
||||L1 7BY||||
|Bankers:|||National<br>Westminster||Bank|pic|
||||University<br>Branch||||
||||5 Oxford Street||||
||||Liverpoo<br>I||||
||||L7 7HL||||
|Investment|Managers:||Quilter Cheviot Investment|||Management|
||||5, St Paul's Square||||
||||Liverpoo<br>I||||
||||L3 gSJ||||
|Independent|Examiner:||Louise Casey A.C.A.||||
||||Mitchell<br>C harl esworth||||
||||5 Temple Square||||
||||Temple Street||||
||||Liverpoo<br>I||||
||||L2 5RH||||





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||||Unrestricted|Restricted|Endowed|||
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Totals|Totals|
||||2022|2022|2022|2022|2021|
|||Notes|E|E|E|E|E|
|Income and||||||||
|endowments<br>from:||||||||
|Donations<br>and legacies<br>investments|||89,511<br>~7|||89,511|80,703<br>~4|
|Total income|||96,748|848||97,596|87,987|
|Expenditure<br>on:||||||||
|Raising funds||4|1,808|||1,808|1,646|
|Charitable<br>activities||5||||||
|Total expenditure|||83,892|848||84,740|83,619|
|Net gains/(losses)|on|||||||
|investments|||(21,747)||(5,333)|(27,080)|46,927|
|Net income/(expenditure)||8|(8,891)||(5,333)|(14,224)|51,295|
|Total funds brought||||||||
|forward|||192,778|2,000|129,361|324,139|272,844|
|Tote I funds carried||||||||
|forward|||183,887|2,000|124,028|309,915|324,139|





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|||||Unrestricted|Restricted|Endowed|||
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Totals|Totals|
||||'Nates|2021<br>f|2021|2021f|2021f|2O20f|
|Income and|||||||||
|endowments|from:||||||||
|Donations<br>and|legacies||2|80,703|||80,703|101,178|
|Investments|||3|6 505|779||7 284|7 293|
|Total income||||87,208|779||87,987|108,471|
|Expenditure|on:||||||||
|Raising funds|||4|1,646|||1,646|1,612|
|Charitable<br>activities|||5|81 194|779||81973|97 899|
|Total expenditure||||82,840|779||83,619|99,506|
|Net gains/(losses)||on|||||||
|investments||||21,659||25,268|46,927|(24,364)|
|Net income/(expenditure)|||8|26,027||25,268|51,295|(15,399)|
|Total funds brought|||||||||
|forward||||166,751|2,000|104,093|272,844|288,243|
|Tots I funds carried|||||||||
|forward||||192,778|2,000|129,361|324,139|272,844|





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|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Fixed assets|||||||||
|Investments||||||258,803||289,691|
|Current assets|||||||||
|Balances at bank<br>Cash at bank and<br>in hand<br>Central<br>Board of Finance|||||61,505||55,895<br>~7||
||||||70,219||64,552||
|Creditors: amounts||falling|due||||||
|within one year||||10|(19107)||(30 104)||
|Net currant assets|||||||||
|Total assets less|current||||||||
|liabilities||||||309,915||324,139|
|Funds|||||||||
|Unrestricted<br>funds||||12||183,887||192,778|
|Restricted<br>fund||||12||2,000||2,000|
|Endowment<br>funds||||12||||12K261|
|Total funds||||13||309,915||324,139|





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|||||||||
|---|---|---|---|---|---|---|---|
|2.|Income|from donations|and legacies|||Unrestricted|funds|
|||||||Total|Total|
|||||||2022<br>f|2021<br>K|
||Remittances<br>from trustees||in the USA|||88,906|80,703|
||Other donations<br>received|||||||
|||||||89,511|80,703|
|3.|Income|front|unrestricted|Restricted|Endowment|Total|Tata I|
||investments||funds|funds|funds|2022|2021|
||||E||E|E||
||Dividends|receivable|7,152|848||8,000|7,269|
||Interest|on bank deposits|85|||85|15|
||||7,237|848||8,085|7,284|



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|Unrestricted|funds|
|---|---|
|2022|2021|
|E|K|
|1,808|1,646|





|S.|Expndkure<br>on charitable|Expndkure<br>on charitable|activities|activities|activities||||2022<br>f|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||Grants payable (note 7)||||||||80,858|79,143|
||Support costs (note 6)||||||||2 074|2 830|
||||||||||82,932|81,973|
||Z1,313(2021f697) of the above costs were attributable<br>(2021f79,899)of the above costs were attributable<br>to||||||to restricted<br>funds and <br> unrestricted<br>funds.|||f81,119|
|6.|Support costs||||||||2022<br>f|2021<br>f|
||Accountancy|||||||||750|
||Bank charges||||||||74|74|
||Honorarium||||||||500|500|
||Governance costs||||||||||
||Independent<br>examiners'|fee|||||||1 500|1506|
||||||||||2,074|2,830|
|7.|Grants payable||||||||2022f|2021f|
||Corporation<br>of the Cathedral|||Church|in Liverpool||||79,928|79,143|
||Individuals||||||||||
||||||||||80,858|79,143|
|8.|Net income/(expenditure)||||||||2022f|2021|
||Net incoming<br>resources|is stated after charging:|||||||||
||Independent<br>Examiner's|fees|||||||1,500|1,506|





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|9.|Investments||2022|2021|
|---|---|---|---|---|
||Balance at 1stOctober 2021<br>Additions<br>at cost<br>Disposal s<br>Net unrealised<br>investment<br>(losses)/gains||284,728<br>21,877<br>(29,205)<br>~)|234,536<br>63,927<br>(50,226)|
||Cash held on deposit||250,926<br>~7|284,728|
||Market value at 30th September 2022||258,803|289,691|
||||2022f|2021f|
||Historical cost at 30th September<br>2022||248,667|251,682|
||Investments<br>are held<br>in UK Unit Trusts.||||
||Investments<br>exceeding<br>5'yo ofthe total|portfolio:|2022f|2021f|
||Fidelity UCITS US Quality Income Fund||25,134|23,433|
||BNY Mellon<br>Global Funds pic US Equity|Inc|33,420|28,733|
|10.|Creditors:<br>amounts<br>falling due within|one year|2022f|2021f|
||Accruals||19,107|30,104|
|11.|Financial<br>instruments||2022|2021|
||Financial assets:||||
||Measured<br>at fair value through<br>net income||250,926|284,728|





|32.|Movement<br>in funds|At|||Gains and|At|
|---|---|---|---|---|---|---|
|||1.10.3023<br>9|Income<br>f|expenditure<br>f|Losses<br>f|30.9.2022|
||Endowment<br>funds:||||||
||jackson Legacy|70,772|||(2,918)|67,854|
||Friends of Cathedral||||||
||Muslc-||||||
||Unrestrlcted||||||
||permanent||||||
||endowment<br>fund|32,552|||(1,342)|31,210|
||Morton Bursary-||||||
||Restri cted||||||
||expendable||||||
||endowment<br>fund||||wLQZZ||
||Total endowment||||||
||Funds|129,361|||(5,333)|124,028|
||Restricted<br>funds:||||||
||Cross Guild||||||
||Educational<br>Grants|2,000||||2,000|
||Morton Bursary-||||||
||Muslcal studies||||||
||for young choristers||||||
||Total restricted||||||
||funds|2,000|848|(848)||2,000|
||Unrestricted||||||
||funds:||||||
||General funds|192,778|96,748|(83,892)|(21,747)|183,887|
||Total Funds|324,139|97,596|(84,740)|(27,080)|309,915|





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|Comparative<br>informati|on<br>in respect o|fthe preced|ing<br>period<br>is as|follows:||
|---|---|---|---|---|---|
||At|||Galas and|At|
||1.1D.3030I|Income<br>I|Expenditure<br>I|Losses<br>E|30.9.3031<br>E|
|Endowment||||||
|funds:||||||
|Jackson Legacy|56,948|||13,824|70,772|
|Friends of Cathedral||||||
|Music-||||||
|Unrestricted||||||
|permanent||||||
|endowment<br>fund|26,194|||6,358|32,552|
|Morton Bursary-||||||
|Restrlcted||||||
|expendable||||||
|endowment<br>fund|20 951|||5 086|26 037|
|Total endowment||||||
|Funds|104,093|||25,268|129,361|
|Restricted funds:||||||
|Cross Guild||||||
|Educational<br>Grants|2,000||||2,000|
|Morton Bursary—||||||
|Musical studies||||||
|for young choristers||||||
|Tote I restricted||||||
|funds|2,000|779|(779)||2,000|
|Unrestricted||||||
|funds:||||||
|General<br>funds|166,751|87,208|(82,840)|21,659|192,778|
|Total Funds|272,844|87,987|(83,619)|46,927|324,139|





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|for the objects of the<br>c<br>generalfunds.|for the objects of the<br>c<br>generalfunds.|harity<br>without<br>further<br>spe|cified<br>|purpose<br>and|are|available<br>as|
|---|---|---|---|---|---|---|
|Analysis ofnet assets|||||||
|between|||||||
|funds||Unrestricted<br>Restricted||Endowmentf||Total<br>E|
|Investments||132,775|2,000|124,028||258,803|
|Current assets||70,219||||70,219|
|Creditors: amounts|falling||||||
|due within one year||19 107||||{19107)|
|Tote I Funds||183,887|2,000|124,028||309,915|
|Comparative<br>information||in respect of the preceding|period|is as follows:|||
|||Unrestrkted<br>Restricted||Endowment||Tots I|
|||E|E||E|E|
|Investments||158,330|2,000|129,361||289,691|
|Current assets<br>Creditors: amounts<br>due within one year|falling|64,552||||64,552<br>~4)|
|Tots I Funds||192,778|2,000|129,361||324,139|





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