2021-12-31-accounts

Trustees		MrTC Hart
		Ms LCook
		Mr D Barbour
		Mr I C Higby (Chairman)
		Mr P0Copland
		MrJR Hulmes
		Rev CA Pailing
Patron		The Right Honourable	The Earl ofDerby
Secretary		Mr M Finn
Charity number		526379
Principal	address	The Cotton Exchange
		Suite 315
		Old Hall Street
		Liverpool
		Merseyside
		L39RJ
Independentexaminer		Helen Furlong FCCA
		McLintocks (NW) Limited
		46 Hamilton Square
		Birkenhead
		Wirral
		Merseyside
		CH41 SAR
Bankers		Bardays Bank pic
		Merchants Court
		2-12 Lord Street
		Liverpool
		Merseyside
		L2 1TS
Solicitors		Brabners LLP
		Horton House
		Exchange Flags
		Liverpool
		Merseyside
		L2 3YL
Investment	advisors	Quilter Cheviot
		5St Paula Square
		Liverpool
		Merseyside
		L39SJ

				Unrestricted	Endowment	Total	Unrestricted Endowment	Unrestricted Endowment	Total
				funds	funds		funds	funds
			Notes	2021 6	2021 6	2021 6	2020 6	2020 f	2020 6
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Donations and legacies			3	126,071		126,071	124,162		124,162
Investments			4	111,230		111,230	85,977		85,977
Total income				237,301		237,301	210,139		210,139
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Raising funds			5	2,375	3,068	5,443	2,330	2,853	5,183
Charitable activities			6	239,415		239,415	252,600		252,600
Total resources	expended			241,790	3,068	244,858	254,930	2,853	257,783
Net gains/(losses)		on
investments			10	93,256	167,527	260,783	(136,861)	(137,052)	(273,913)
Net movement	in	funds		88,767	164,459	253,226	(181,652)	(139,905)	(321,557)
Fund balances at 1 January
2021				1,073,633	1,297,146	2,370,779	1,255,285	1,437,051	2,692,336
Fund balances	at	31
December 2021				1,162,400	1,461,605	2,624,005	1,073,633	1,297,146	2,370,779

			2021	2020
		Notes	E	E
Rxed assels
Tangible assets		11	5	5
Investments		12	2.559.699	2,322,579
Curront assets			2,559,704
Debtors Cash al bank and in hand		14	5.727 65,337	6,616 48,354
Creditors: amounts	falling due within		71,064	54,970
one )rear			(6.763)	(6,775)
Nel current assets			64,301	48,195
Total assets less cunent Debilities			2,624,005	2,370,779
Capital funds
Elldowll alt tellus Income funds	Qvnclel	ta	1,461,605	1,29f,146
Unreslnctcd funds			1,162,400	1,073,633
			2.624,005	2,370,779

			Unrestricted	Unrestricted
			funds	funds
			2021 8	2020f
Donations	and gifts		5,244	1,641
Grants receivable			120,827	122,521
			126,071	124,162
Grants receivable for		core activities
Seafarers	UK		75,000	78,000
Trinity House			31,680	35,200
Honourable	Company	ofMaster Mariners	2,580	2,860
Government	grant (CJRS)		3,067	6,461
Inverdyde	Bequest Fund		8,500
			120,827	122,521

				Unrestricted	Unrestricted
				funds	funds
				2021	2020
				5	5
Income	from	listed	investments	111,230	85,977

		Unresbtcted	Endowment	Total	Unrestricted	Endowment	Total
		funds	funds		funds	funds
			general			general
			2021	2021	2020	2020	2020
			E	E		E	E
Investment	management	2,375	3,068	5,443	2,330	2,853	5,183
		2,375	3,068	5,443	2,330	2,853	5,183

			2021	2020
			E	E
Grants	to	individuals	152,155	163,685
			152,155	163,685

Support cos	ts
		Support	Governance	2021	Support	Governance	2020
		costs	costs		COStS	COStS
		E	E		E	6	E
Staff costs		58,706		58,706	57,756		57,756
Depreciation					113		113
Secretarial fees		13,600		13,600	14,580		14,580
Office costs		10,710		10,710	12,115		12,115
Bank charges		127		127	97		97
Independent	examiner's
fees			3,300	3,300		3,300	3,300
AGM expenses			97	97		186	186
Accountancy	and legal
fees			720	720		768	768
		83,143	4,117	87,260	84,661	4,254	88,915

The average	monthly number ofemployees during t	he year was;
		2021	2020
		Number	Number
Administration
Employment	costs	2021	2020
		6	E
Wages and salaries		17,606	17,528
Other pension	costs	41,100	40,228
		58,706	57,756

				Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
				funds	funds		funds	funds
					general			general
				2021 6	2021 E	2021 6	2020 5	2020 5	2020f
Revaluation	of
investments				89,410	155,186	244,596	(129,617)	(123,869)	(253,486)
Gain/(loss)	on	sale	of
investments				3,846	12,341	16,187	(7,244)	(13,183)	(20,427)
				93,256	167,527	260,783	(136,861)	(137,052)	(273,913)

Tangible gxed assets
	Fixtures and	Computers	Total
	ettings
	6	8
Cost
At 1 January 2021	2,503	2,115	4,618
At 31 December 2021	2,503	2,115	4,618
Depreciation and impairment
At 1 January 2021	2,501	2,112	4,613
At 31 December 2021	2,501	2,112	4,613
Carrying amount
At 31 December 2021
At 31 December 2020

Fixed asset investments
	Listed	Cash in	Total
	investments	portfolio
	8
Cost orvaluation
At 1 January 2021	2,315,381	7,198	2,322,579
Additions	156,097	27,611	183,708
Valuation changes	244,596		244,596
Disposals	(191,184)		(191,184)
At 31 December 2021	2,524,890	34,809	2,559,699
Carrying amount
At 31 December 2021	2,524,890	34,809	2,559,699
At 31 December 2020	2,315,381	7,198	2,322,579

13	Financial		instruments	instruments			2021	2020
								E
	Carrying	amount of			financial assets
	Instruments		measured		at fair value through	progt or loss	2,524,890	2,315,381
14	Debtors
							2021	2020
	Amounts		falling due		within one year:		E	E
	Other debtors						3,979	4,496
	Prepayments			and accrued income			1,748	2,120
							5,727	6,616
15	Creditors:		amounts		falling due within one year
							2021	2020
							E	E
	Other taxation			and social security			700	896
	Other creditors						76	66
	Accruals	and		deferred	income		5,987	5,813
							6,763	6,775

							Balance at	Balance at	Resources	Revaluations	Balance at
						1	January	2021	expended	gains and	31December
									f	losses f	2021f
	Permanent	endowments
	Endowment	fund					1,297,146		(3,068)	167,527	1,461,605
							1,297,146		(3,068)	167,527	1,461,605
	Comparative	infomation	in respect of	the	preceding	period is		as follow:
							Balance st		Resources	Revaluations	Balance at
						1	January	2020	expended	gains and	31 December
									f	losses f	2020f
	Permanent	endowments
	Endowment	fund					1,437,051		(2,853)	(137,052)	1,297,146
							1,437,051		(2,853)	(137,052)	1,297,146
17	Analysis of	net assets	between funds
			Unrestricted	Endowment				Total	Unrestricted	Endowment	Total
			2021		2021			2021	2020	2020	2020
				f		f		f	f	f	f
	Fund balances at
	31 December
	2021 are
	represented	by:
	Tangible assets			5				5	608		5
	Investments		1,103,920		1,455,779		2,559,699		1,312,732	1,290,279	2,322,579
	Current assetsl
	(liabilities)		58,475		5,826		64,301		34,928	6,867	48,195
			1,162,400		1,461,605		2,624,005		1,348,268	1,297,146	2,370,779

	2021	2020
	6	6
Within one year	6,455	3,251
Between two and five years	33,971
	40,426	3,251