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|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||
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|||||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|
|lttggtgtLffgtm||||||||||
|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|
|~xttnnlhrJJJ&n:||||||||||
|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|
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||||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|
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||||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|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021|2020|
|||||5|5|
|Income|from|listed|investments|111,230|85,977|
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|||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|
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||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Grants|to|individuals|152,155|163,685|
||||152,155|163,685|
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|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|
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|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|
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|||||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)|
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|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||||
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|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|
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|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|
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||||||||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|
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||2021|2020|
|---|---|---|
||6|6|
|Within one year|6,455|3,251|
|Between two and five years|33,971||
||40,426|3,251|
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