##
||||Page|
|---|---|---|---|
|Charity Details||||
|Trustees report||||
|Independent
examiner's||report||
|Statement
offinancial|activities|||
|Balance sheet||||
|Notes to the accounts||||
##
|Trustees:|||EJ Booth CBEDL LLD|EJ Booth CBEDL LLD|-|(Chairman)|(Chairman)||
|---|---|---|---|---|---|---|---|---|
||||P R Metcalf MBE|FCA DChA - (Vice Chairman)|||||
||||Dr A W Andrews||||||
||||Mrs J Coulston —Herrmann|||BA Hons M.Ed|||
||||Mrs N M Fielden||||||
||||Rev P Hamborg||||||
||||SWJ Huck LLB||||||
||||K G Mellalieu||||||
||||TJ Scott FCSI||||||
||||SBR Smith||||||
|Honorary|Vice President||WS Huck||||||
|Secretary|||D M Ingram
FCA||||||
|Registered||Address|Richard House||||||
||||9Winckley Square||||||
||||Preston||||||
||||PR1 3HP||||||
|Charity Number|||526206||||||
|Independent||Examiner|A Mills FCA MAAT||||||
||||Chartered
Accountant||||||
||||James Todd 8 Co (NW)|||Ltd|||
||||Greenbank
House||||||
||||141 Adelphi Street||||||
||||Preston||||||
||||PR1 TBH||||||
|Investment||Advisers|Brown Shipley||||||
||||U KAuthorised
Private||Bank||||
||||3 Hardman
Street||||||
||||Spinningfields||||||
||||Manchester||||||
||||M3 3HF||||||
|Endowment||Fund|Incorporates
Permanent|||Endowments||from|
||||the following
charities:||||||
||||Jacson Memorial|Fund|||||
||||Jacson Special Bequest||||||
||||Victor Gatty Prize|Fund|||||
||||Rogerson Scholarship||Trust||||
||||Lancashire
Council for||Voluntary||Youth Service||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2023|2022|
|||Note|||||
|Income and endowments|from:||||||
|Donations
and legacies|||1,000||1,000|2,000|
|Investments|||99,764||99764|104,549|
|Total incoming
resources|||100,764||100,764|106,549|
|Expenditure
on:|||||||
|Raising funds|||1,357|22,953|24,310|25,360|
|Charitable
activities|||77,907|78|77,985|64,619|
|Total expenditure|||79,264|23,031|102,295|89,979|
|Net income/(expenditure)|before||21,500|(23,031)|(1,531)|16,570|
|gains/(losses)
on investments|||||||
|Realised gains/(losses)
on|investments|||||37,133|
|Unrealised
gains/(losses)
on investments|||||||
|Net movement
in funds|||16,218|(272,131)|(255,913)|253,955|
|Reconciliation
offunds|||||||
|Total funds brought forward|||343,180|4,280,022|4 629 202|4,375,247|
|Total funds carried forward|||365,398|4,007,891|4,373,289|4,629,202|
##
|||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2023|2022|
||||Note|||||
|Fixed assets||||||||
|Investments|||||3,930,976|3930976|4,202,333|
|Total fixed assets|||||3,930,976|3,930,976|4,202,333|
|Current assets||||||||
|Debtors||||17,477||17,477|20,321|
|Investments||||239,722||239,722|245,004|
|Cash at bank|and in|hand||337,465|76,915|414380|363,040|
|Total current|assets|||594,664|76,915|671,579|628,365|
|Liabilities||||||||
|Creditors: amounts||falling due within one year|9|(229,266)||(229,266)|(201,496)|
|Net current|assets|||365,398|76,915|442,313|426,869|
|Net assets||||365,398|4,007,891|4,373„289|4,629,202|
|Charity Funds||||||||
|Unrestricted|funds:|||||||
|General fund||||365,398||365,398|349,180|
|Endowment|funds||||4,007,891|4007891|4,280,022|
|Total charity|funds||10,11|365,398|4,007,891|4,373,289|4,629,202|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2|Do|nations
|and legacies —unrestricted|||
|---|---|---|---|---|---|
|||||2023|2022f|
|Donations||||1,000|2,000|
|||||1,000|2,000|
|3|Investment||-unrestricted|||
|||||2023|2022|
||||||E|
|Investment||dividends|and interest|99,307|104,539|
|Bank|interest|||457|10|
|||||99,764|104,549|
|Raising funds-|Raising funds-||||
|---|---|---|---|---|
||||2023|2022|
|Investment|management|costs|24,310|25,360|
||||24,310|25,360|
##
|5
Charitable
activities|||||
|---|---|---|---|---|
||||2023|2022|
||||f,||
|Grants expenditure:|||||
|Grants (see note 5b)|||56,644|44,365|
||||56,644|44,365|
|Grant related support costs:|||||
|Secretarial fees|||15,720|13,900|
|Information
commissioner's
charges|||113|40|
|Website and internet charges||||1,212|
|Accountancy
fees - governance|||2,800|2,600|
|Independent
examiners fees - governance|||2,708|2,502|
||||77,985|64,619|
|f78 (2022:anil) ofexpenditure|is allocated to the|endowment|fund, the rest is unrestricted.||
|Note 5b|||2023|2022|
|Balance payable
brought forward|||190,696|198,675|
|Previously
awarded
grants released||(8,040)|(7,813)||
|New grants awarded
in the year||64,6&4|52,178||
|Net grant cost in the year (note 5c)|||56,644|44,365|
||||247,340|243,040|
|Grants paid in the year|||(38,078)|(52,344)|
|Balance payable carried forward (note 9)|||209,262|190,696|
##
##
##
|5
Charitable
activities (continued)|5
Charitable
activities (continued)|5
Charitable
activities (continued)|||||
|---|---|---|---|---|---|---|
|Note 5c|||Preston|Lancashire|5April|5April|
||||Area|Area|2023|2022|
|Institutional|||||||
|Charitable
organisations|||10,000|6,646|16,646|18,143|
|Educational||||7,600|7,600|10,000|
|Recreational —scouts,|youth clubs|etc||4,289|4,289|3,000|
|Recreational —sports,|playgroups|etc|15,378|15,408|30,786|13,060|
|Individuals|||150|5,213|5,363|7,975|
|Previously
awarded|grants released||(170)|(7,870)|(8,040)|(7,813)|
||||25,358|31,286|56,644|44,365|
|6
Fixed asset investments|||||||
||||||2023|2022|
||||||f.||
|Market value at 5 April|2022||||4,202,333|4,071,365|
|Additions|||||802,437|361,050|
|Disposal proceeds|||||(824,694)|(439,640)|
|Net investment
(losses)/gains|||||249 100|209,558|
|Market value at 5 April|2023||||3,930,976|4,202,333|
|Historical cost at 5April 2023|||||3,773,459|3,449,882|
||||||2023|2022|
|Investments
at fair value comprised:|||||E||
|Equities|||||3,371,503|3,608,588|
|Bonds and gilts|||||385,329|421,550|
|Hedge and structured|funds||||63,945|79,475|
|Property
funds|||||110199|92,720|
||||||3,930,976|4,202,333|
##
##
##
##
|7
|Debtors|||
|---|---|---|---|
|||2023
E|2022f|
|Accrued|Income|4,452|6,996|
|Loans||13,025|13,325|
|||17,477|20,321|
|The loans are interest free and will be repaid or reviewed|before the 25'" birthday|ofthe recipient||
|---|---|---|---|
|8
Current asset investments||||
|||2023|2022|
|Market value at 5 April 2022||245,004|254,3'jo|
|Additions||||
|Disposal proceeds||||
|Net investment
(losses)/gains||5282|(9,306)|
|Market value at 5 April 2023||239,722|245,004|
|Historical cost at 5April 2023||250,000|250,000|
|||2023|2022|
|Investments
at fair value comprised:||||
|Cash funds||239722|245,004|
|||239,722|245,004|
##
||||2023|2022|
|---|---|---|---|---|
||||f.||
|Creditors|and|accrued charges|20,004|10,800|
|Grants payable||(note 5b)|209,262|190,696|
||||229,266|201,496|
##
##
##
||Balance|||||Balance|
|---|---|---|---|---|---|---|
||at 6April||||Gains and|at 5April|
||2022|Income|Expenditure|Transfers|losses|2023|
|Unrestricted|||||||
|funds:|349,180|100,764|(79,264)||(5,282)|365,398|
|Endowment|||||||
|funds:|4,280,022||(23,031)||(249,100)|4,007,891|
||4,629,202|100,764|(102,295)||(254,382)|4,373,289|
|Analysis of|charitiable
funds|- previous year|||||
||Balance|||||Balance|
||at 6April||||Gains and|at5April|
||2021|Income|Expenditure|Transfers|losses|2022|
|Unrestricted|||||||
|funds:|317,973|106,549|(66,036)||(9,306)|349,180|
|Endowment|||||||
|funds:|4,057,274||(23,943)||246,691|4,280,022|
||4,375,247|106,549|(89,979)||237,385|4,629,202|
##
##
##
||||||At|
|---|---|---|---|---|---|
||||Unrestricted|Endowment|5April|
||||funds|fundsf|2022|
|Fund balances at 5 April 2022 are||||||
|represented||by:||||
|Investments||||4,202,333|4,202,333|
|Current|assets||550,676|77,689|628,365|
|Creditors|falling due within one year||(201,496)||(201,496)|
||||349,180|4,280,022|4,629,202|
##
##